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Key Takeaways Ovintiv posted Q2 EPS below estimates, while revenues rose 30% YoY and beat expectations.OVV increased operating cash flow, closed its Anadarko asset sale and returned $429M to shareholders.Ovintiv reaffirmed 2026 capital spending and updated production guidance while issuing the Q3 outlook. Ovintiv Inc. (OVV - Free Report) reported second-quarter 2026 adjusted earnings per share of $1.74, which missed the Zacks Consensus Estimate of $1.91 due to decreased year-over-year production volumes, increased expenses and lower average realized natural gas prices. However, the bottom line increased from the year-ago level of $1.02, driven by higher natural gas volumes and higher average realized oil prices.

The Denver, CO-based oil and gas exploration and production company’s total revenues of $3 billion increased 30% from the year-ago quarter’s figures. The top line also beat the Zacks Consensus Estimate by 28.2%. The outperformance was driven by higher product and service revenues.

On July 23, 2026, Ovintiv's board of directors declared a quarterly dividend of 30 cents per share, which will be paid on Sept. 29 to its shareholders of record as of Sept. 15.

First-quarter shareholder returns totaled $429 million, consisting of share buybacks of $345 million and base dividend payments of $84 million.

During the quarter, the company closed the sale of its Anadarko assets for total cash proceeds of about $2.82 billion after preliminary closing adjustments and transaction costs.

OVV’s Q2 Production & PricesTotal second-quarter production was 614,600 barrels of oil equivalent per day (BOE/d) compared with 615,300 BOE/d in the prior-year period. The figure marginally missed our prediction of 615,000 BOE/d.

Natural gas production increased to 1,959 million cubic feet per day (MMcf/d) in the second quarter of 2026 from 1,851 MMcf/d in the prior-year quarter. However, the figure lagged our estimate of 2,001 MMcf/d.

Total liquids production decreased to 288.2 thousand barrels per day (Mbbls/d) in the second quarter of 2026 from 306.7 Mbbls/d in the prior-year quarter. However, the figure beat our prediction of 283 Mbbls/d.

In the second quarter of 2026, natural gas contributed approximately 53.1%, and liquids accounted for about 46.9% of the total production.

Ovintiv's realized natural gas price was $1.99 per thousand cubic feet compared with the year-ago level of $2.38. However, the realized oil price increased substantially to $91.53 per barrel from $65.23 in the prior-year quarter.

OVV’s Costs, Capex & Balance SheetTotal expenses of $2 billion increased 11.7% from the year-ago quarter’s figure of $1.8 billion. Moreover, the figure was higher than our projection of $1.6 billion.

Ovintiv’s cash from operating activities in the quarter under review was $1.6 billion, compared to the year-ago figure of $1 billion.

OVV's capital investments were $574 million compared with $521 million in the year-ago period. The company generated a non-GAAP free cash flow of $682 million in the reported quarter.

As of June 30, OVV had cash and cash equivalents worth $700 million and long-term debt of $3.7 billion. Its debt-to-capitalization was 24.3%.

OVV’s Asset PerformanceIn the second quarter of 2026, average production from the Permian Basin reached approximately 231 MBOE/d, with liquids making up 78% of the total. A total of 38 net wells were brought online during the period. For the full year 2026, capital spending in this region is projected to be between $1.325 billion and $1.375 billion, supporting the development of around five rigs and 125-135 net wells.

From the Montney play, second-quarter output averaged 374 MBOE/d, with liquids contributing about 27% of the volume. The company turned in 40 net wells during the quarter. Full-year 2026 capital expenditures for Montney are expected to be between $875 million and $925 million, supporting the development of six rigs and 130-140 net well additions.

OVV’s Q3 & 2026 GuidanceOvintiv revised its full-year 2026 guidance while issuing third-quarter projections. The company expects full-year production volumes to average between 630 and 645 MBOE/d, including oil and condensate production of 210 to 212 Mbbls/d, NGL production of 83 to 85 Mbbls/d and natural gas production of 2 to 2.1 Bcf/d. Ovintiv’s 2026 capital investment remains unchanged in the range of $2.25 billion to $2.35 billion, reflecting its continued focus on disciplined capital allocation and operational efficiency.

For the third quarter of 2026, this Zacks Rank #3 (Hold) company expects production between 615 and 640 MBOE/d with capital spending of $550 million to $600 million.

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

Important Earnings at a GlanceWhile we have discussed OVV’s second-quarter results in detail, let us take a look at three other key reports in this space.

Halliburton Company (HAL - Free Report) reported second-quarter 2026 adjusted net income per share of 55 cents, marginally beating the Zacks Consensus Estimate of 54 cents. The outperformance was backed by year-over-year revenue growth. However, the bottom line was flat compared with the prior-year level. Meanwhile, the company’s second-quarter revenues of $5.7 billion were up 3.7% year over year and beat the Zacks Consensus Estimate of $5.5 billion. The outperformance was driven by higher revenues in both segments of the company — the Completion and Production segment and the Drilling and Evaluation segment.

Halliburton reported second-quarter capital expenditure of $235 million. As of June 30, 2026, the company had approximately $2 billion in cash/cash equivalents and $7.1 billion in long-term debt, representing a debt-to-capitalization of 39%.

Liberty Energy Inc. (LBRT - Free Report) reported a second-quarter 2026 adjusted net profit of 9 cents per share, beating the Zacks Consensus Estimate of 7 cents. The outperformance was driven by the company’s focus on AI-driven technology advancements and strong operational execution. However, the bottom line decreased from the year-ago quarter’s profit of 12 cents due to increased year-over-year costs and expenses. LBRT's revenues totaled $1.2 billion, which beat the Zacks Consensus Estimate of $1.1 billion. The top line also increased from the prior-year quarter’s $1 billion by 14%, supported by record utilization and a modest pricing uplift along with higher product sales.

As of June 30, Liberty Energy had approximately $555.4 million in cash and cash equivalents. The pressure pumper’s long-term debt of $1.3 billion represented a debt-to-capitalization of 39.5%.

Houston, TX-based oil and gas storage and transportation company Kinder Morgan Inc. (KMI - Free Report) reported second-quarter 2026 adjusted earnings of 37 cents per share, beating the Zacks Consensus Estimate of 31 cents by 19.35%. Earnings increased 32.1% from 28 cents in the year-ago quarter. Revenues increased 10.8% year over year to $4.48 billion from the prior year’s figure of $4.04 billion. Revenues surpassed the consensus estimate of $4.29 billion by 4.43%.

Cash flow from operations was $1.96 billion in the quarter. Meanwhile, free cash flow was $978 million and free cash flow after dividends reached $313 million. As of June 30, 2026, KMI reported $89 million in cash and cash equivalents. Net debt stood at $32.03 billion at quarter-end.

Investors looking to wager on stocks such as SpaceX and Micron Technology now have a new tool: single-stock futures that trade for nearly 24 hours a day.

CME Group on Monday launched cash-settled single-stock futures on 55 U.S. equities, along with micro-sized contracts on 22 names, marking the exchange's push into a market designed to let investors take leveraged long or short positions around the clock.

The contracts trade on CME's Globex platform from Sunday evening through Friday afternoon, with a one-hour daily maintenance break, enabling investors to respond to earnings and other market-moving events outside regular U.S. stock market hours.

The lineup includes futures tied to SpaceX, one of Wall Street's most closely watched recent IPOs, as well as Micron Technology, Nvidia, Tesla and Apple. Standard contracts represent 100 shares of the underlying stock, while micro contracts represent 10 shares.

"Retail brokers have characterized the launch as the year's largest retail growth catalyst, with more than 35 retail partners targeting day one/week one readiness," Morgan Stanley analyst Michael Cyprys said in a note.

CME said the products are designed to offer a simpler way to express bullish or bearish views than options. Unlike options, single-stock futures do not involve time decay or changing implied volatility, while requiring only a fraction of the capital needed because they are traded on margin. The contracts are cash settled, with final settlement based on the stock's official closing price at expiration. They do not represent ownership in the companies.

The exchange said it may expand the lineup beyond the initial 55 stocks based on customer demand and its listing standards.

Exchange stocks like CME have come under pressure this year as perpetual futures emerging on overseas exchanges are seen as a rising threat to the traditional trading businesses even though most are currently not legal in the U.S.

CME, YTD

Kalshi and Coinbase were given the greenlight this year by the CFTC to offer cryptocurreny related 'perps', which are futures contracts without an expiration date. The regulatory move was seen as foreshadowing a wider approval for these types of products on equities. The overseas equity perps were in the spotlight ahead of the SpaceX IPO with international platforms like Hyperliquid offering perpetual futures in the Elon Musk space company ahead of its official debut.

3 Small-Cap Stocks on the Way to Bigger and Better DaysCentral Garden & Pet NASDAQ: CENT said it has signed an agreement to acquire a majority stake in TRIXIE, a German pet supplies company, in a transaction CEO Niko Lahanas described as a major expansion of the company’s pet business and a platform for Europe.

Lahanas said the combination would make Central and TRIXIE “the largest pet supplies company globally,” while providing Central with what he called a strong beachhead in the European market. The company did not disclose a purchase price during the call, but management said the acquisition was valued at a high-single-digit multiple before synergies.

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MarketBeat ‘Stock of the Week’: Central Garden & Pet “We feel like a lot of the risk has been taken out of the business because of the valuation that we’re getting it at,” Lahanas said. CFO Brad Smith added that the cited multiple excludes anticipated synergies.

Founder Exit Created Acquisition Opportunity Lahanas said Central first visited TRIXIE in Germany in December and had since conducted diligence and negotiated valuation. He characterized the transaction as a “once-in-a-lifetime opportunity,” noting similarities between the companies, including TRIXIE’s founder-inspired culture.

Growth Ahead for Central Garden & PetAccording to Lahanas, TRIXIE’s founder was seeking to exit the business and establish a foundation. The asset was offered through an auction process, though Central’s management team developed a strong relationship with TRIXIE’s leadership, he said.

“The first meeting we had, it felt like we’d known each other for 10 years,” Lahanas said, describing the cultural fit as an important factor in the deal.

Management said the process required extensive diligence because TRIXIE is a private German company and uses accounting practices that differ from those commonly used by Central.

European Platform and Potential Synergies Central views TRIXIE as the largest player in Europe’s non-food pet-supplies market, supported by logistics capabilities, product assortment and a sales force. Lahanas said the company’s research indicates that Europe has a more fragmented market and potentially lower acquisition multiples than the U.S.

While Central sees potential for additional European opportunities over time, Lahanas said the company intends first to focus on onboarding and integrating TRIXIE.

“We don’t want to get too ahead of ourselves, though,” Lahanas said. “We’ve got to kind of digest this one around integration and just overall onboarding.”

Management outlined several potential opportunities from the transaction:

Cost synergies between the businesses. Distribution of Central-manufactured products in Europe through TRIXIE’s sales and logistics network. Broader U.S. distribution for selected TRIXIE products. Development of TRIXIE’s e-commerce capabilities, which Central said are underdeveloped. Potentially expanding Central’s exposure to the cat category, where TRIXIE has an existing presence. Lahanas said Central would initially prioritize nearer-term synergies, while longer-term opportunities could be substantial.

Margins Expected to Be Accretive Despite Recent Sales Declines Management said TRIXIE’s margins are expected to be accretive to Central’s pet business, and that the transaction itself is expected to be accretive. However, the company said TRIXIE’s sales have declined by low single digits in recent years, reflecting what Lahanas described as a post-pandemic slowdown similar to conditions experienced by pet businesses in the U.S.

Central said it has seen “green shoots” suggesting a return to revenue growth, although management cautioned that a turnaround could take time.

TRIXIE is weighted toward durable pet products, but Central said consumables within the business have recently been growing faster than durables. Lahanas said Central’s consumable dog and cat offerings could help shift TRIXIE’s product mix.

Smith distinguished TRIXIE’s durable-products business from Central’s U.S. durable operations. He said Central has been reducing lower-margin private-label durable product lines in the U.S., whereas TRIXIE is primarily focused on branded, premium-oriented products designed in-house and sold with what management considers compelling margins.

Integration to Emphasize Culture in First Year TRIXIE will be incorporated into Central’s dog and cat business under the leadership of Senior Vice President of Dog & Cat Glen Axelrod, according to Lahanas. He said the companies already use the same enterprise resource planning system, which could help speed certain integration efforts.

Still, Lahanas said Central plans to proceed carefully, particularly during the first year of ownership, to preserve TRIXIE’s culture and avoid disrupting the business.

“For the first year, we’re going to be really culture, and it’s something that we want to be really careful with and not disrupt,” he said. “We don’t want to screw it up.”

About Central Garden & Pet (NASDAQ:CENT)Central Garden & Pet NASDAQ: CENT is a leading North American specialty retailer, manufacturer and distributor serving the lawn and garden and pet supplies markets. The company operates through two primary segments: Pet and Garden. In the Pet segment, Central Garden & Pet offers a comprehensive range of products including pet food, treats, accessories, training products and habitat solutions for dogs, cats, birds, fish and small animals. The Garden segment encompasses a wide array of lawn, garden and outdoor living products, such as soils, fertilizers, planters, pest control solutions, landscape lighting and watering equipment.

Central Garden & Pet's product portfolio includes both proprietary and branded offerings.

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Should You Invest $1,000 in Central Garden & Pet Right Now?Before you consider Central Garden & Pet, you'll want to hear this.

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3 Stocks Using Bitcoin to Grow Their Treasury ReservesAlliance Resource Partners NASDAQ: ARLP reported higher second-quarter results as increased coal sales volumes, lower operating costs, record oil and gas royalty performance and stronger equity-method investment income offset lower average coal pricing.

Net income attributable to ARLP rose 33.9% from a year earlier to $79.6 million, or $0.61 per basic and diluted limited partner unit. Revenue increased to $551.6 million, while adjusted EBITDA rose 14.7% to $185.7 million. Compared with the first quarter, revenue increased 6.9%, net income increased by $70.5 million, and adjusted EBITDA climbed 19.8%.

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Peabody Energy is a Double Threat Energy and Steel Play Chief Financial Officer Cary Marshall said comparisons in net income also reflected impairment charges recorded in prior periods. The partnership generated $108.2 million in distributable cash flow during the quarter and reported distribution coverage of 1.39 times, up 39% sequentially.

Coal volumes rise as operating costs improve Total coal sales reached 8.6 million tons, up 2.1% from the prior-year quarter and 8.9% from the first quarter. Production totaled 8.2 million tons, an increase of 1.5% year over year and 3% sequentially. Coal operations adjusted EBITDA increased 6.9% from a year earlier to $151.7 million.

3 High-Yield Energy MLPs: A Stable Way to Invest in EnergyAverage coal sales price declined 5.3% year over year to $54.87 per ton, reflecting the anticipated expiration of higher-priced legacy contracts at the Tunnel Ridge mine and a lower share of Mettiki sales in Appalachia. However, adjusted EBITDA expense per ton improved 6.3% to $38.68.

Marshall attributed the cost performance to investments made across the company’s mines in recent years. “This cost improvement was a key contributor to the quarter’s stronger coal operating results,” he said.

Illinois Basin: Sales volumes were 6.4 million tons, down 4.5% year over year but up 4.9% sequentially. Riverview productivity helped offset lower shipments from Hamilton during a planned extended longwall move. Average sales price was $51.87 per ton, while adjusted EBITDA expense was $35.99 per ton. Appalachia: Sales volumes increased 27.6% from a year earlier to 2.2 million tons, led by higher production at Tunnel Ridge. Average sales price declined to $63.57 per ton, but adjusted EBITDA expense per ton fell 29.7% year over year to $46.22 as productivity and recoveries improved at Tunnel Ridge. Coal inventory ended the quarter at 0.8 million tons, down 0.3 million tons from both a year earlier and the first quarter. During the question-and-answer session, Chairman, President and Chief Executive Officer Joe Craft said the partnership generally targets inventories in a range of roughly 0.5 million to 0.75 million tons and does not prefer inventories above 1 million tons.

Management keeps coal outlook unchanged ARLP maintained its 2026 guidance for coal sales of 33.75 million to 35.25 million tons, average sales pricing of $54 to $56 per ton, and adjusted EBITDA expense of $37 to $39 per ton. Management said the outlook remains dependent on summer electricity demand and the pace of utility inventory drawdowns.

Craft said the partnership’s contracted sales book limited the impact of mild weather and lower natural gas prices on domestic coal demand during the first half. ARLP is essentially fully committed and priced at the midpoint of its 2026 guidance, according to management.

The partnership secured 21.2 million tons of new sales commitments during the quarter, including 18.5 million tons of domestic commitments spread across the next five years and 2.7 million tons of export commitments for delivery from 2026 through 2028. ARLP has 29.4 million tons committed and priced for 2027 delivery.

Craft said no additional longwall moves are expected in the second half of 2026, positioning the company for higher production and cash flow. Hamilton resumed longwall operations in mid-May, and management expects its production in the third quarter to approximately double from the second-quarter level. Marshall said the company sold roughly 16.5 million tons in the first half and expects approximately 18 million tons of sales in the second half to reach the midpoint of guidance, with about 9 million tons in each remaining quarter.

For 2027, Craft said ARLP could produce and sell roughly 1 million to 1.3 million more tons than in 2026 if operations and markets develop as planned, driven primarily by Hamilton operating at its second-half 2026 run rate for a full year.

Oil and gas royalties set records; AllDale deal closes Total royalty revenue was $69.3 million and royalty-segment adjusted EBITDA was $51 million. The oil and gas royalty business posted record quarterly revenue of $46.5 million, up 31.1% from a year earlier, and record adjusted EBITDA of $38 million, up 27.2%.

Oil and gas royalty volumes totaled 936,000 barrels of oil equivalent, up 6.4% year over year but down 8.4% sequentially. Higher realized pricing drove the improvement, with average realized sales price per BOE increasing 22.7% from a year earlier and 22.1% from the first quarter.

On July 1, subsequent to quarter-end, ARLP completed its acquisition of interests in AllDale Minerals III and AllDale Minerals IV for $206.2 million, subject to customary post-closing adjustments. The transaction implied a gross valuation of $410 million for the funds. Following the closing, ARLP owns and controls 100% of the noneconomic general partner interest and holds an approximate 61% economic interest across the funds.

The acquisition was funded through cash, revolving-credit borrowings and a new $150 million term loan at Alliance Minerals LLC. Craft-related parties separately acquired $100 million of AllDale III limited partner interests, while ARLP said it did not acquire any interests from those parties. The transaction was reviewed and approved by the partnership’s independent conflicts committee.

Craft said the transaction raises ARLP’s cumulative investment in oil and gas royalties above $1 billion and is expected to be immediately accretive to free cash flow per unit. Management estimates the acquisition will increase distributable cash flow per unit by 8% to 9% next year.

Balance sheet and capital priorities As of June 30, ARLP had $590.2 million in total debt and finance leases and $111.2 million of cash. The partnership had total liquidity of $424 million, including $312.8 million available under revolving credit facilities. Total and net leverage were 0.82 times and 0.67 times trailing-12-month adjusted EBITDA, respectively.

ARLP also held 646 Bitcoin valued at $37.8 million as of June 30, based on a price of $58,559 per coin. The value was down 14.1% sequentially, producing a $6.3 million decline in the fair value of digital assets and a $0.05-per-unit impact during the quarter.

Management said it plans to prioritize leverage reduction and financial flexibility while continuing to review disciplined minerals acquisitions. Craft said the company also expects to continue investing in its coal operations and evaluate growth opportunities, including additional oil and gas royalty investments and potential investments related to power generation.

About Alliance Resource Partners (NASDAQ:ARLP)Alliance Resource Partners, L.P. NASDAQ: ARLP is a Tulsa, Oklahoma–based master limited partnership engaged in the production, marketing and transportation of bituminous coal. Through its subsidiaries, the company develops, owns and operates surface and underground coal mines, providing fuel primarily for electric power generation and various industrial applications. Alliance's integrated business model covers the extraction of raw coal, processing at preparation plants and delivery to domestic and export customers.

The partnership operates multiple mining complexes across Illinois, Indiana, Kentucky and West Virginia.

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Should You Invest $1,000 in Alliance Resource Partners Right Now?Before you consider Alliance Resource Partners, 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 Alliance Resource Partners wasn't on the list.

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Excitement is building around Super Micro Computer (SMCI -4.38%) as the company recently announced preliminary numbers showing that its margins will be far better than expected for the current quarter. Its latest earnings numbers are set to come out on Aug. 11, and if margins are stronger and the business is still experiencing considerable growth due to artificial intelligence, then odds are, it'll be a fantastic quarter for the company.

Does this mean it's a good time to buy shares of Super Micro?

Image source: Getty Images.

Low margins have been a big problem for Super Micro Investors should always pay attention to gross profit margins because they can make or break a company's hopes of profitability. Low margins mean the company's cost of goods sold is high relative to revenue, suggesting it may not be charging enough for its products and services. While low margins can still lead to profitability, the company needs to have high sales volumes and lean operations.

In recent years, Super Micro's gross margins have actually been worsening, which is an even more troubling sign for investors. Even though it has been generating more revenue, with lower margins, its bottom line hasn't shown nearly as much improvement.

SMCI Gross Profit Margin (Quarterly) data by YCharts

Last week, Super Micro released preliminary numbers for the fourth quarter (which ended on June 30), and its margins are going to be within a range of 15% to 17%, which is far higher than its guidance of around 8% and where its margins were last quarter (around 10%). It credits the improvement to the customer and product mix.

Is Super Micro's stock likely to soar after earnings? After announcing the preliminary numbers, Super Micro's stock jumped to more than $30 -- the highest level it's closed at since late June. It wasn't a huge rally, and the stock is still only up around 3% for the year, but it is nonetheless a sign of renewed excitement around the business.

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While the news is encouraging, it may be wise to wait until after earnings to make a decision. I'd like to see more details about why its margins changed so drastically. The improvement is great, but the big question is whether it's sustainable and a sign of higher margins in the future, or if this will prove to be just temporary.

A single quarter is just that, and without understanding the full reasons behind the gross margin improvement and whether it's likely to continue, investors may still be better off waiting on the sidelines and taking a wait-and-see approach with the tech stock.

Posted by Defense World Staff on Jul 27th, 2026

MGIC Investment (NYSE:MTG – Get Free Report) is expected to issue its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect MGIC Investment to announce earnings of $0.74 per share and revenue of $297.5380 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

MGIC Investment (NYSE:MTG – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The insurance provider reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.03. The business had revenue of $297.08 million during the quarter, compared to the consensus estimate of $303.12 million. MGIC Investment had a net margin of 59.63% and a return on equity of 14.01%. The business’s revenue was down 3.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.75 EPS. On average, analysts expect MGIC Investment to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

MGIC Investment Stock Down 0.0% MTG stock opened at $29.65 on Monday. The firm has a market cap of $6.27 billion, a PE ratio of 9.41, a PEG ratio of 2.04 and a beta of 0.67. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.14 and a current ratio of 1.14. The firm’s 50 day moving average price is $27.01 and its 200-day moving average price is $26.90. MGIC Investment has a one year low of $24.69 and a one year high of $29.97.

MGIC Investment Increases Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Wednesday, August 5th will be given a $0.17 dividend. The ex-dividend date is Wednesday, August 5th. This is a positive change from MGIC Investment’s previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a yield of 2.3%. MGIC Investment’s dividend payout ratio (DPR) is currently 19.05%.

MGIC Investment declared that its Board of Directors has approved a stock buyback plan on Thursday, April 23rd that allows the company to repurchase $750.00 million in outstanding shares. This repurchase authorization allows the insurance provider to buy up to 12.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at MGIC Investment In related news, EVP Paula C. Maggio sold 20,937 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $25.55, for a total value of $534,940.35. Following the sale, the executive vice president owned 169,620 shares in the company, valued at approximately $4,333,791. The trade was a 10.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Salvatore A. Miosi sold 30,000 shares of the stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $25.38, for a total value of $761,400.00. Following the transaction, the chief operating officer directly owned 560,951 shares in the company, valued at approximately $14,236,936.38. The trade was a 5.08% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.34% of the stock is currently owned by insiders.

Institutional Trading of MGIC Investment Several hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of MGIC Investment in the first quarter valued at approximately $2,397,000. Goldman Sachs Group Inc. increased its stake in MGIC Investment by 6.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,103,366 shares of the insurance provider’s stock worth $76,901,000 after buying an additional 195,895 shares during the period. Geneos Wealth Management Inc. increased its stake in MGIC Investment by 88.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,745 shares of the insurance provider’s stock worth $43,000 after buying an additional 817 shares during the period. Sivia Capital Partners LLC acquired a new stake in MGIC Investment during the 2nd quarter worth approximately $425,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in MGIC Investment by 18.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,211 shares of the insurance provider’s stock worth $145,000 after buying an additional 830 shares in the last quarter. Institutional investors and hedge funds own 95.58% of the company’s stock.

Analyst Upgrades and Downgrades MTG has been the subject of a number of recent analyst reports. Royal Bank Of Canada initiated coverage on MGIC Investment in a research report on Friday, May 22nd. They set a “sector perform” rating and a $28.00 price objective for the company. Barclays decreased their target price on shares of MGIC Investment from $29.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Friday, May 1st. Keefe, Bruyette & Woods lifted their price target on shares of MGIC Investment from $28.00 to $29.00 and gave the company a “market perform” rating in a research report on Friday, April 10th. Finally, Weiss Ratings raised shares of MGIC Investment from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $28.25.

View Our Latest Stock Report on MTG

About MGIC Investment (Get Free Report)

MGIC Investment Corporation (NYSE: MTG) is a leading provider of private mortgage insurance in the United States. Established in 1957 as the nation’s first private mortgage insurer, MGIC helps lenders manage credit risk and facilitates homeownership by protecting mortgage loans against default. Headquartered in Milwaukee, Wisconsin, the company operates through its principal subsidiary, Mortgage Guaranty Insurance Corporation, and maintains relationships with a broad network of originators and servicers nationwide.

The company’s primary business activity involves issuing mortgage insurance policies that enable borrowers to purchase homes with down payments below traditional lending thresholds.

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Key Takeaways Builders FirstSource is expected to post lower Q2 earnings and sales amid weak residential construction.BLDR faces margin pressure from competitive pricing, a lower-margin sales mix and elevated input costs.Acquisitions, bundled offerings and AI-enabled digital tools may support revenue and market share. Builders FirstSource, Inc. (BLDR - Free Report) is slated to report second-quarter 2026 results on July 30, before market open.

In the last reported quarter, the company’s adjusted earnings per share (EPS) missed the Zacks Consensus Estimate by 30.8%, while net sales beat the same by 4.5%. On a year-over-year basis, both top and bottom lines tumbled 10.1% and 82.1%, respectively.

BLDR’s earnings topped the consensus mark in two of the trailing four quarters and missed on two occasions, the average surprise being negative 8%.

Trend in Estimate Revision of BLDRThe Zacks Consensus Estimate for Builders FirstSource’s second-quarter EPS has moved south to $1.29 from $1.32 in the past 30 days. The estimated figure indicates a 45.8% year-over-year decline from EPS of $2.38 reported in the year-ago quarter.

The consensus estimate for net sales is pegged at $3.91 billion, indicating a decline of 7.6% from $4.23 billion reported in the year-ago quarter.

Factors Likely to Shape Builders FirstSource’s Q2 ResultsNet Sales

Builders FirstSource's second-quarter revenues are likely to remain under pressure as elevated mortgage rates, affordability constraints and cautious consumer sentiment continue to weigh on residential construction activity. Single-family revenues may remain soft as lower starts and the ongoing shift toward smaller, less complex homes reduce sales dollars per start. Multifamily activity is also expected to stay muted, with management not anticipating a meaningful improvement before 2027.

Value-added products, which comprised 48.3% of first-quarter sales, likely remained pressured by weak single-family construction and lower structural content per home. Specialty products, representing 26% of sales, may have provided some support, though pricing pressure and volatility likely persisted. Lumber and sheet goods, at 25.7% of sales, likely benefited from bundling and share gains, but lower margins and commodity-price movements may have limited the revenue contribution.

Despite these industry headwinds, the company continues to benefit from its broad product portfolio, bundled offerings and expanding value-added solutions. Acquisitions are expected to provide incremental revenue support. Since the BMC merger, Builders FirstSource has completed 41 acquisitions representing more than $2.3 billion in annual sales, while the Premium Building Components deal expanded its manufactured products presence into New York. Digital initiatives may also support growth, with the company preparing to launch its next generation of AI-enabled solutions later this year to strengthen customer engagement and capture additional market share.

Margins

Margins are likely to remain under pressure in the second quarter despite ongoing cost-control efforts. Competitive pricing, an unfavorable product mix with higher lumber and sheet goods sales, and elevated fuel and input costs are expected to weigh on profitability. While BLDR's $100 million cost-reduction program should provide some relief, weak housing demand, affordability challenges and pricing pressure are likely to keep second-quarter margins constrained.

What the Zacks Model Predicts for BLDROur proven model does not conclusively predict an earnings beat for Builders FirstSource this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. Unfortunately, this is not the case here, as you will see below.

BLDR’s Earnings ESP: BLDR has an Earnings ESP of -8.74%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

Zacks Rank of BLDR: The company currently carries a Zacks Rank of #4 (Sell).

Stocks With the Favorable CombinationHere are some companies in the Zacks Retail-Wholesale sector, which, per our model, have the right combination of elements to post an earnings beat in the respective quarters to be reported.

BJ's Restaurants, Inc. (BJRI - Free Report) currently has an Earnings ESP of +7.51% and a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.

 In the to-be-reported quarter, BJRI's earnings are expected to decline 10.3%. BJRI's earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed on one occasion, the average surprise being 136%.

CAVA Group, Inc. (CAVA - Free Report) currently has an Earnings ESP of +20.30% and a Zacks Rank of 3.

In the to-be-reported quarter, CAVA’s earnings are expected to increase 6.3%. CAVA's earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed on one occasion, the average surprise being 16.6%.

The Cheesecake Factory Incorporated (CAKE - Free Report) currently has an Earnings ESP of +2.76% and a Zacks Rank of 3.

In the to-be-reported quarter, Cheesecake Factory’s earnings are expected to register a 0.9% year-over-year rise. Cheesecake Factory’s earnings surpassed estimates in each of the trailing four quarters, with an average beat of 6.7%.

Expanded Collaboration Helps Colleges and Universities Improve Visibility, Streamline Operations and Support Student Success  

, /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading provider of AI-powered solutions for social impact, today announced an Innovation Partnership with Student First, the provider of the most modern, AI-powered higher education student information system (SIS) designed to simplify administrative workflows and enhance the student experience.

Building on Blackbaud's strategic investment in Student First earlier this year and the companies' ongoing collaboration through the Blackbaud Partner Network, this new Strategic Innovation Partnership deepens the relationship between the two companies and advances a shared vision for a Connected Campus in higher education.

"Our Innovation Partnership with Student First reflects a shared commitment to helping colleges and universities connect the systems and data that matter most," said Mark Davis, vice president and general manager of education products, Blackbaud. "As institutions face growing pressure to do more with less, they need technology that helps teams work from a shared view. By bringing together the systems that shape both the student experience and institutional performance, Blackbaud and Student First are helping colleges and universities build a stronger foundation for student success and long-term sustainability through our commitment to execution of a shared roadmap across both companies."

Rising costs, enrollment pressures and evolving student expectations are forcing colleges and universities to rethink how they operate. Yet for many institutions, the systems that support critical infrastructure remain disconnected, creating barriers to collaboration, limiting visibility and making it harder to align resources with student success goals.

By bringing together best-in-class solutions for student information, enrollment, financial aid, scholarships, advancement, finance and tuition payments, Blackbaud and Student First are working together to create a Connected Campus operating model that helps colleges and universities unite data, people and processes across the institution to provide greater visibility, reduce complexity and empower institutions to make more informed decisions. With this enhanced level of information flow and collaboration, institutions can align resources to strategic priorities, strengthen financial stewardship and drive student success at scale.

"This strategic partnership represents the first collaboration of its kind between two education technology innovators," said David Meek, CEO of Student First. "Earlier this year we said the most advanced SIS in higher education belongs alongside the best financial and advancement platform in the market. This expanded partnership proves that at scale. Extending our work with Blackbaud into product, sales, and marketing means institutions across their ecosystem get direct access to a connected campus experience, not just the promise of one."

With this new, expanded partnership, Blackbaud and Student First will work together across product, sales and marketing teams to advance a shared Connected Campus strategy for higher education. 

The strategic partnership also reflects a shared commitment to AI for a purpose in higher education: practical, human-centered innovation that helps administrators, faculty and staff reduce manual work, surface meaningful insights and spend more time supporting students. This approach aligns with Student First's view that AI should optimize, analyze, and automate, while human expertise remains central to decisions that shape the student experience.

By pairing Student First's cloud-native, AI-powered SIS and automation-first approach with Blackbaud's AI-powered solutions for social impact, the companies are advancing innovation designed to fit into institutional workflows, reduce administrative time and workload, and support better decisions across the connected campus.

Institutions are already seeing the potential value of a more connected approach.

"With Blackbaud Financial Edge NXT and Student First, we'll have the capacity to automate many of our processes—such as degree audits, billing and applying financial aid—which historically were manual and time-intensive," said Mark Hanshaw, associate provost and general counsel for Cumberland University.

Recent enhancements include AI-driven workflow automation that reduces manual administrative effort across core campus operations, along with predictive intelligence capabilities that identify patterns, trends, and potential risks earlier, enabling institutional leaders to make more proactive, data-informed decisions. Together, these capabilities help colleges and universities improve efficiency, streamline operations, and focus more resources on supporting student success.

The collaboration brings together complementary capabilities designed specifically for higher education. Student First provides a modern, cloud-native Student Information System (SIS) and financial aid platform that supports the full student lifecycle. Blackbaud delivers industry-leading solutions including Blackbaud Financial Edge NXT®, Blackbaud Raiser's Edge NXT®, Blackbaud Award Management™ and Blackbaud Integrated Payments™, helping institutions connect advancement, finance, scholarship management and tuition payment operations within a broader campus ecosystem.

The combined approach is designed to help institutions:

Bridge the gap between advancement and finance by connecting student, financial aid, scholarship, advancement, finance and tuition payment data Reduce manual processes and operational complexity Improve visibility across traditionally disconnected departments Support more informed planning, decision-making and resource allocation Strengthen alignment between institutional resources and student success goals Learn more about Blackbaud's Connected Campus plans in upcoming Product Update Briefings and at bbcon 2026, taking place Sept. 21-Oct. 1 in Columbus, Ohio.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world's leading provider of AI-powered solutions for social impact. Serving nonprofits, educational institutions, companies committed to corporate social responsibility, and individual change makers, Blackbaud propels impact at scale with the sector's most intelligent solutions for fundraising and engagement, education solutions, financial management and CSR and grantmaking. With the deepest expertise powered by the world's largest philanthropic data set, the most connected workflows, and the most powerful impact network, Blackbaud's solutions are building a future where resources are unleashed at the speed of need. Blackbaud has been recognized by Fast Company, Newsweek, Quartz, Forbes and more for AI innovation, responsible leadership and workplace excellence. Blackbaud has operations in the United States, Australia, Canada, Costa Rica, India and the United Kingdom, supporting users in 100+ countries. Learn more at www.blackbaud.com or follow us on X/Twitter, LinkedIn, Instagram and Facebook.

Media Inquiries
[email protected] 

Forward-looking Statements
Except for historical information, all of the statements, expectations and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

SOURCE Blackbaud

Key Takeaways Enterprise Products is set to report second-quarter 2026 results on July 30 before the opening bell.Enterprise Products' second-quarter revenues are projected to rise 17.9% year over year to $13.40 billion.EPD is expected to see higher gross operating margins across its Natural Gas, Crude Oil and NGL segments. Enterprise Products Partners L.P. (EPD - Free Report) is set to report second-quarter 2026 results on July 30, before the opening bell.

In the last reported quarter, the partnership’s adjusted earnings of 68 cents per share missed the Zacks Consensus Estimate of 71 cents due to weak margins in Crude Oil Pipelines & Services and Petrochemical & Refined Products Services.

The partnership’s earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters, while missing the same twice, delivering an average negative surprise of 1.1%. This is depicted in the graph below.

Estimate Trend for EPDThe Zacks Consensus Estimate for second-quarter earnings per share of 74 cents has seen one upward revision and one downward revision in the past seven days. The estimated figure indicates a 12.1% jump from the prior-year reported figure.

The Zacks Consensus Estimate for revenues of $13.40 billion implies a 17.9% increase from the year-ago recorded figure.

Factors to Consider for EPD's Q2 ResultsEnterprise Products is a leading player in the midstream energy sector, with an extensive pipeline network spanning more than 50,600 miles, liquids storage facilities with more than 300 million barrels’ storage capacity, deepwater docks, natural gas processing trains, fractionators, PDH and iBDH. The partnership stores and transports natural gas liquids (NGL), crude oil, natural gas, petrochemicals and refined products using its midstream assets. A large portion of its contracts are fee-based with inflation protection provisions. Therefore, EPD likely generated stable cash flows in the June-end quarter of 2026.

For the second quarter, the Zacks Consensus Estimate for the gross operating margin of the Natural Gas Pipelines & Services segment is pegged at $462 million, up from $417 million a year ago. Estimates for Crude Oil Pipelines & Services and NGL Pipelines & Services stand at $390 million and $1,516 million, respectively, showing improvements from the prior-year figures of $385 million and $1,416 million, respectively.

Q2 Earnings Whispers for EPD StockOur proven model does not indicate an earnings beat for EPD this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that is not the case here, as you will see below.

Enterprise Products' Earnings ESP: EPD has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.

Zacks Rank of EPD: Enterprise Products currently carries a Zacks Rank #3.

Stocks to ConsiderHere are some stocks that you may want to consider, as these have the right combination of elements to post an earnings beat this reporting cycle.

NOV Inc. (NOV - Free Report) has an Earnings ESP of +19.69% and currently carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

NOV is scheduled to release earnings on July 28, 2026. The Zacks Consensus Estimate for NOV’s earnings is pegged at 16 cents per share, indicating a 44.8% decline from the prior-year reported figure.

Cactus, Inc. (WHD - Free Report) has an Earnings ESP of +7.04% and carries a Zacks Rank #2 at present. Cactus is scheduled to release earnings on July 29, 2026.

The Zacks Consensus Estimate for WHD’s earnings is pegged at 71 cents per share, suggesting a 7.6% improvement from the prior-year reported figure.

Western Midstream Partners, LP (WES - Free Report) has an Earnings ESP of +1.19% and carries a Zacks Rank #2 at present. Western Midstream is scheduled to release earnings on Aug. 5, 2026.

The Zacks Consensus Estimate for WES’ earnings is pegged at 90 cents per share, suggesting a 3.4% improvement from the prior-year reported figure.

F5, Inc. (NASDAQ:FFIV) will release its third quarter earnings report after the closing bell on Monday, July 27.

Analysts expect the Seattle, Washington-based company to report quarterly earnings of $4.00 per share, down from $4.16 per share in the year-ago period. The consensus estimate for F5’s quarterly revenue is $833.62 million. It reported $780.37 million last year, according to Benzinga Pro.

On July 13, F5 named Cathy Peterman as chief people officer.

F5 shares rose 1.1% to close at $392.21 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

Considering buying RH stock? Here’s what analysts think:

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Posted by Defense World Staff on Jul 27th, 2026

Entropy Technologies LP bought a new stake in Vulcan Materials Company (NYSE:VMC – Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 7,832 shares of the construction company’s stock, valued at approximately $2,133,000.

A number of other hedge funds have also bought and sold shares of the company. NBT Bank N A NY bought a new stake in Vulcan Materials in the fourth quarter valued at about $26,000. Meeder Asset Management Inc. raised its stake in Vulcan Materials by 71.7% during the first quarter. Meeder Asset Management Inc. now owns 103 shares of the construction company’s stock valued at $28,000 after buying an additional 43 shares in the last quarter. Birchwood Financial Partners Inc. bought a new position in Vulcan Materials during the 4th quarter worth approximately $29,000. Godsey & Gibb Inc. bought a new position in Vulcan Materials during the 4th quarter worth approximately $30,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Vulcan Materials in the 3rd quarter worth approximately $30,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets A number of equities research analysts have recently weighed in on VMC shares. Stephens boosted their price target on Vulcan Materials from $330.00 to $340.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Barclays raised their price objective on Vulcan Materials from $296.00 to $340.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Morgan Stanley decreased their price objective on shares of Vulcan Materials from $322.00 to $321.00 and set an “equal weight” rating for the company in a report on Monday, April 6th. Zacks Research upgraded shares of Vulcan Materials from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 9th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Vulcan Materials in a research note on Tuesday, July 7th. Eight equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $327.79.

Check Out Our Latest Stock Report on VMC

Insider Transactions at Vulcan Materials In other news, SVP David P. Clement sold 2,212 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $292.29, for a total transaction of $646,545.48. Following the completion of the transaction, the senior vice president owned 8,716 shares of the company’s stock, valued at approximately $2,547,599.64. The trade was a 20.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.65% of the company’s stock.

Vulcan Materials Stock Up 0.2% NYSE:VMC opened at $280.20 on Monday. The company has a current ratio of 2.59, a quick ratio of 1.89 and a debt-to-equity ratio of 0.51. The stock has a 50 day moving average of $286.78 and a 200-day moving average of $290.55. The firm has a market capitalization of $36.36 billion, a PE ratio of 33.32, a price-to-earnings-growth ratio of 2.01 and a beta of 1.05. Vulcan Materials Company has a 52 week low of $252.35 and a 52 week high of $331.09.

Vulcan Materials (NYSE:VMC – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The construction company reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.25. Vulcan Materials had a return on equity of 12.95% and a net margin of 13.81%.The business had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter last year, the business posted $1.00 EPS. The business’s revenue was up 7.4% on a year-over-year basis. Analysts predict that Vulcan Materials Company will post 9.3 EPS for the current year.

Vulcan Materials Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Thursday, August 13th will be given a $0.52 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $2.08 annualized dividend and a yield of 0.7%. Vulcan Materials’s dividend payout ratio (DPR) is currently 24.73%.

Vulcan Materials Company Profile (Free Report)

Vulcan Materials Company (NYSE: VMC) is a U.S.-based producer of construction materials that supplies the building and infrastructure markets. The company’s primary products include construction aggregates such as crushed stone, sand and gravel, as well as asphalt mixes and ready-mixed concrete. These materials are used in a wide range of projects including highways, commercial and residential construction, and public infrastructure.

Vulcan operates an integrated network of quarries, asphalt plants and concrete facilities to produce and deliver materials to contractors, municipalities and private developers.

See Also Five stocks we like better than Vulcan Materials RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding VMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vulcan Materials Company (NYSE:VMC – Free Report).

Receive News & Ratings for Vulcan Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vulcan Materials and related companies with MarketBeat.com's FREE daily email newsletter.

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Key Takeaways Hexcel's Q2 earnings estimate of 56 cents per share implies year-over-year growth of 12%.Higher Airbus, Boeing, business jet and defense demand may have supported Hexcel's results.Increased R&D spending and restructuring costs likely pressured Hexcel's bottom-line performance. Hexcel Corporation (HXL - Free Report) is scheduled to release second-quarter 2026 results on July 29, after market close. The company delivered an earnings surprise of 40.48% in the last reported quarter.

Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.

Factors That Might Have Impacted HXL's Q2 EarningsHexcel’s second-quarter 2026 earnings are likely to have benefited from improving commercial aerospace demand, driven by higher production rates across major Airbus and Boeing programs. Higher demand from business and regional jets, along with steady demand across defense programs, is also expected to have contributed to the company’s quarterly performance.

HXL’s earnings are anticipated to have gained from improving operating leverage, aided by higher production volumes and better capacity utilization. A robust commercial aircraft backlog, coupled with growing adoption of lightweight composite materials, is likely to have further supported quarterly performance.

However, higher operating expenses, primarily due to increased research and development spending and restructuring-related costs, are likely to have weighed on the company's bottom-line performance.

Q2 Expectations for HXLThe Zacks Consensus Estimate for earnings is pegged at 56 cents per share, which indicates year-over-year growth of 12%.

The Zacks Consensus Estimate for revenues is pinned at $521.7 million, which suggests a year-over-year rise of 6.5%.

What Our Quantitative Model Predicts for HXLOur proven model predicts an earnings beat for Hexcel this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as you will see below.

Other Stocks to ConsiderInvestors may consider the following players from the same industry, as these also have the right combination of elements to post an earnings beat this reporting cycle.

Woodward, Inc. (WWD - Free Report) is expected to report its fiscal third-quarter 2026 earnings on July 29, after market close. It has an Earnings ESP of +5.10% and a Zacks Rank of 2 at present.

The Zacks Consensus Estimate for WWD’s earnings is pegged at $2.39 per share, indicating year-over-year growth of 35.8%. The consensus estimate for its sales stands at $1.11 billion, calling for a year-over-year increase of 21.7%.

Curtiss-Wright Corporation (CW - Free Report) is set to report second-quarter 2026 earnings on Aug. 5, after market close. It has an Earnings ESP of +0.36% and a Zacks Rank of 3 at present.

The Zacks Consensus Estimate for CW’s earnings is pegged at $3.62 per share, suggesting a year-over-year rise of 12.1%. The consensus estimate for its sales stands at $930.6 million, implying a year-over-year increase of 6.2%.

ATI Inc. (ATI - Free Report) is expected to report its second-quarter 2026 earnings on Aug. 6, before market open. It has an Earnings ESP of +1.32% and a Zacks Rank of 2 at present.

The Zacks Consensus Estimate for ATI’s earnings is pegged at $1.03 per share, suggesting year-over-year growth of 39.2%. The consensus estimate for its sales stands at $1.22 billion, calling for a year-over-year jump of 7%.

Hut 8 stock is moving in positive territory. Why are HUT shares climbing? Earnings Preview & HistoryHut 8 is scheduled to report second-quarter earnings on August 4. Analysts estimate a loss of 33 cents per share along with revenue of $79.75 million. For the prior quarter, Hut 8 reported a loss of $1.98 per share, missing the consensus estimate of a loss of 34 cents per share. The company also posted revenue of $71.02 million, below the consensus estimate of $81.28 million.

What to WatchInvestors will be closely tracking construction progress at River Bend and Beacon Point, Hut 8’s two major AI data center campuses, since neither is expected to contribute meaningfully to revenue until 2027. Updates on the company’s 8,375-megawatt development pipeline will also be in focus, as investors gauge how much additional capacity can convert into long-term leases.

Bitcoin mining and digital asset mark-to-market swings should draw attention too, since unrealized crypto fluctuations have driven outsized net losses even as the business shifts toward AI infrastructure.

From a trend perspective, the stock is still in a strong long-term uptrend: it’s trading 64.7% above the 200-day SMA ($68.62) and 28.3% above the 100-day SMA ($88.06). The nearer-term picture is more mixed, with shares only 1.4% above the 50-day SMA ($111.45) while still 7.3% above the 20-day SMA ($105.30).

RSI is the cleaner momentum read right now, sitting at 51.72, which points to neutral momentum after the stock cooled off from earlier overbought conditions (RSI pushed above 70 in May). In plain terms, RSI helps gauge whether a move is getting stretched; near-52 suggests the stock is closer to "range/decision point" than "overheated."

The moving-average structure also explains the tug-of-war: the 20-day SMA remains below the 50-day SMA (a bearish short-term crossover), even as the 50-day SMA stays above the 200-day SMA (a bullish longer-term backdrop). That combination often produces choppy trading where dips get bought, but breakouts need confirmation.

Key Resistance: $130.00 — a round-number area that sits below the $140.80 52-week high and can act as a spot where rebounds stall Key Support: $104.50 — a nearby floor that lines up closely with the 20-day SMA/EMA zone, making it a practical "trend support" level Analyst Consensus & Recent Actions The stock carries a Buy rating with an average price forecast of $143.33. Recent analyst moves include:

Morgan Stanley: Initiated with Overweight (Target $263.00) (July 23) Benchmark: Buy (Raises Target to $195.00) (July 22) Rosenblatt: Buy (Maintains Target to $124.00) (July 21) Hut Shares Trade HigherHUT Price Action: At the time of publication, Hut shares are trading 2.31% higher at $112.53, according to data from Benzinga Pro.

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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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Bitmine owns 4.8% of the total ETH coin supply of 120.7 million

Bitmine is 96% of the way to the 'Alchemy of 5%' in just 13 months

Bitmine repurchased 6.1 million common stock in the past week, authorized under the previously announced $4 billion share repurchase program

Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026

Bitmine's Series A Preferred Stock is trading on the NYSE under the symbol BMNP

Bitmine has 4,917,189 staked ETH, representing $9.6 billion at $1,948 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors

Bitmine owns $61 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI

Bitmine Crypto + Total Cash Holdings & Marketable Securities + "Moonshots" total $11.8 billion, including 5.78 million ETH tokens, total cash & marketable securities of $268 million, and other crypto holdings

Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH

, /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash & marketable securities + "moonshots" holdings totaling $11.8 billion.

Bitmine Weekly Update

POLYMARKET: Clarity Act signed into law in 2026?

ETH prices at 10-week high

STAKING: BMNR now staking over 4.9 million ETH as of July 26, 2026

ALCHEMY of 5%: BMNR ranked #171 by 5D avg daily $ volume

As of July 26, 2026 at 7:00pm ET, the Company's crypto holdings are comprised of 5,787,414 ETH at $1,948 per ETH (per CoinbaseNASDAQ: COIN), 208 Bitcoin (BTC), $180 million stake in Beast Industries, $61 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash & marketable securities of $268 million. Bitmine's ETH holdings are 4.8% of the ETH supply (of 120.7 million ETH).

"Bitmine repurchased 6.1 million shares of common stock in the past week, an increase from the 5.5 million purchased the week prior. We increased our equity buyback as we view the rising ETH/BTC ratio, despite the falling odds of passage of the Clarity Act in 2026, as a sign crypto prices are strengthening. In fact, this ratio is now at a 3-month high at 0.3000, which we believe bodes well for future strengthening of ETH prices," stated Thomas "Tom" Lee, Chairman of Bitmine.

"ETH prices are now reaching a 10-week high and as many technical strategists have highlighted, we believe the next key levels to clear are $2,000 and $2,500 for ETH. Our advisor, Tom DeMark of DeMark Analytics, sees these levels as near-term targets if the comparison of ETH to S&P 500 post-Oct 1987 continues to hold," continued Lee.

"With over 11 million shares of common stock repurchased, Bitmine has executed the largest ever common stock buyback for any ETH or Bitcoin Digital Asset Treasury," stated Lee. Since July 1, 2026, Bitmine has repurchased 11.6 million shares of common stock under the previously authorized $4 billion share repurchase program.

"Over the past week, we acquired 9,946 ETH. Bitmine has bought ETH every week since the inception of the ETH Treasury Strategy on June 30, 2025," stated Lee.

On July 16, 2026, Bitmine released the latest Chairman's Message (link here) for July 2026. The title of the Message is "ETH is the cure for the Uncanny Valley of Wealth."

Earlier in 2026, Bitmine launched MAVAN (the Made in American VAlidator Network), the institutional grade staking platform. While MAVAN was originally developed to support Bitmine's own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine's ETH is already staked on the MAVAN platform.

As of July 26, 2026, Bitmine total staked ETH stands at 4,917,189 ($9.6 billion at $1,948 per ETH). "Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $299 million on an annualized basis (using 2.65% 7-day BMNR yield)," stated Lee.

"Annualized staking revenues are now projected at $254 million. And this 4.9 million ETH is 85% of the 5.79 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.65% (annualized)," continued Lee.

Bitmine's crypto holdings reign as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 843,775 BTC valued at approximately $59 billion. Bitmine remains the largest ETH treasury in the world. 

Bitmine is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $597 million (5-day average, as of July 24, 2026), ranking #171 in the US, behind Hewlett Packard Enterprise (rank #170) and ahead of HCA Healthcare (rank #172) among 5,704 US-listed stocks (statista.com and Fundstrat research).

Bitmine management believes the GENIUS Act and Securities and Exchange Commission's (the "SEC") Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.

The Chairman's message can be found here:
https://www.Bitminetech.io/chairmans-message

The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/ 

To stay informed, please sign up at: https://Bitminetech.io/contact-us/ 

About Bitmine
Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of "the alchemy of 5%," the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.

For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat

Forward Looking Statements
This press release contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. These forward-looking statements can be identified by terms such as "expects," "projects," "projected," "intends," "believes," "anticipates," "estimates," and similar expressions. This document specifically contains forward-looking statements regarding: (i) the Company's goals regarding ETH acquisition, including the "Alchemy of 5%" initiative and the statement that Bitmine is 96% of the way to this goal; (ii) the Company's digital asset accumulation strategy and staking operations, including the statement that Bitmine has 4,917,189 staked ETH representing $9.6 billion, projected annualized ETH staking rewards of approximately $299 million (when Bitmine's ETH is fully staked by MAVAN and its staking partners), and current projected annualized staking revenues of approximately $254 million; (iii) MAVAN's intended expansion to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure; (iv) the Company's continued commitment to acquire ETH weekly under its ETH Treasury Strategy; (v) management's belief that the GENIUS Act and SEC Project Crypto are as transformational to financial services as US action on August 15, 1971 ending Bretton Woods and the USD gold standard; (vi) expectations regarding the $4 billion share repurchase program and its accretive value to shareholders, including statements that Bitmine has executed the largest ever common stock buyback for any ETH or Bitcoin Digital Asset Treasury; (vii) statements regarding expected ETH price levels and technical targets, including expectations that the next key levels to clear are $2,000 and $2,500 for ETH; (viii) statements regarding the Company's investment in Eightco Holdings as providing indirect exposure to OpenAI; (ix) beliefs regarding the ETH/BTC ratio being at a 3-month high and expectations that this bodes well for future strengthening of ETH prices; and (x) the future growth and advancement of the Company's Ethereum treasury strategy. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine's ability to keep pace with new technology and changing market needs; Bitmine's ability to finance its current business, Ethereum treasury operations, share repurchase activities, and proposed future business; the competitive environment of Bitmine's business; market conditions affecting the trading price of the Company's common stock and Series A Preferred Stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of the GENIUS Act and other pending legislation and SEC initiatives; the volatility and unpredictability of digital asset prices; the performance, reliability, and security of the Company's staking operations; risks related to AI systems and their impact on cryptocurrency markets; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine's control, including those set forth in the Risk Factors section of Bitmine's Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine's filings with the SEC are available on the SEC's website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

SOURCE Bitmine Immersion Technologies, Inc.

Agreement combines Swarmer's combat-proven swarm autonomy software with Brightline's SpatialCore interoperability platform for joint development, technology integration and shared U.S. defense opportunities July 27, 2026 08:00 ET  | Source: Swarmer

AUSTIN, Texas, July 27, 2026 (GLOBE NEWSWIRE) -- Swarmer, Inc (Nasdaq: SWMR) ("Swarmer" or the "Company"), a drone autonomy software company whose technology has supported more than 100,000 real-world combat missions in Ukraine since April 2024, today announced it has signed a memorandum of understanding with Brightline Interactive, a subsidiary of The Glimpse Group. Brightline is a physical AI and spatial computing company that produces SpatialCore, an open standards-based interoperability and operational context platform that enables autonomous systems, AI agents, sensors and digital twins to operate from a shared understanding of the physical world. The agreement covers joint research and development, integration of the two companies' technologies and the pursuit of shared business opportunities through Brightline’s existing relationships and contracting vehicles with the Department of War.

Under the agreement, Swarmer will contribute its autonomy and swarm coordination software, along with years of battle-tested expertise in swarm behavior. Brightline will integrate Swarmer's technology with SpatialCore to expand access to diverse real-world operational data for AI model training and accelerate model development. Brightline also will provide SpatialCore's data and communications interoperability layer, support integration of Swarmer's autonomy software across its ecosystem of connected platforms and programs and leverage its established U.S. defense contracting pathways and customer relationships.

“At Swarmer, we believe that the future of warfare will rely on artificial intelligence and the process of training AI models relies heavily on data,” said Alex Fink, President and US CEO of Swarmer. “Combining SpatialCore with Swarmer’s platform could provide access to operational data from virtually any drone, including manufacturers not yet integrated with us. Beyond our own missions, this could unlock data captured during tens of millions of missions flown industry-wide on other platforms that SpatialCore can address, to improve our AI models and iterate faster than ever before.”

With more than seven million drones projected to be manufactured worldwide this year, the defining challenge is enabling large numbers of drones to work together autonomously. Artificial intelligence requires large volumes of high-quality operational data to continuously train and improve models. Together, the companies intend to address complementary aspects of that challenge by combining interoperability with autonomous swarm coordination.

“Millions of drones are projected to be manufactured every year, and we believe no single company will solve autonomy in isolation,” said Tyler Gates, President and Chief Executive Officer of Brightline Interactive. “Scale only matters if these systems can work together seamlessly, which is the gap SpatialCore closes. Integrating Swarmer's combat-proven coordination with SpatialCore's interoperability layer will allow us to give our customers an extended shared operational picture across a much broader set of platforms. This expands both the volume and quality of real-world operational data available to train and improve AI models which will allow us to pursue joint market opportunities together.”

About Brightline Interactive

Brightline Interactive, a subsidiary of The Glimpse Group (Nasdaq: GGRP), builds SpatialCore, an open standards-based interoperability and operational context platform that enables autonomous systems, AI agents, sensors and digital twins to operate from a shared understanding of the physical world. SpatialCore is built on open data standards backed by NVIDIA, Apple, and the major robotics and simulation platforms. Brightline holds Cooperative Research and Development Agreements with the DOW and is a prime contractor through an OTA with the United States Navy. Brightline is the operating subsidiary of the Glimpse Group (Nasdaq: GGRP). For more information, visit www.brightlineinteractive.com.

About Swarmer

Swarmer™ (Nasdaq: SWMR) is a defense technology company that specializes in vendor-agnostic software which allows one operator to intuitively control hundreds of autonomous platforms in real time. Swarmer’s primary mission areas include autonomous swarm coordination, integration of multi-domain unmanned systems and AI-powered autonomy software for distributed operations. Swarmer is not a drone manufacturer and does not depend on any single platform, supplier or hardware lifecycle. Instead, Swarmer operates at the intelligence layer, developing autonomy, coordination and decision-making software that enables large numbers of low-cost unmanned systems to operate collectively as one coherent, resilient force. Swarmer’s technology has been rigorously validated in real-world kinetic environments and was first deployed in combat operations in Ukraine in April 2024. Since then, it has completed more than 100,000 combat missions, generating terabytes of proprietary data that informs its machine-learning models and enables the replication of advanced pilot performance at scale. Swarmer’s routine use in combat missions generates continuous streams of telemetry, sensor data and operational feedback which are then used to refine performance, increase resilience and accelerate learning. Swarmer has headquarters in Austin, Texas, and maintains operations and teams in Ukraine, Poland and Estonia.

Cautionary Statement on Forward-Looking Statements

This press release contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995, including statements related to Swarmer’s, The Glimpse Group’s and Brightline Interactive’s strategy, market position, product development, partnership activities, and business expansion plans. The words “believe,” “aim,” “intend,” “could,” “will,” and similar expressions, or the negative of these words or other similar terms are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements in this press release are based upon the current plans and strategies of Swarmer, Inc., The Glimpse Group, Inc. and Brightline Interactive and reflect their current assessment of the risks and uncertainties related to their businesses as of the date of this press release. Each of Swarmer and The Glimpse Group assumes no obligation to update any forward-looking statements contained in this press release, except as required by law. Such statements are subject to known and unknown risks, uncertainties, and assumptions, and actual results could differ materially from those expressed or implied. Factors that may cause actual results to differ materially include, without limitation, market conditions, competitive developments, and the other risks detailed in Swarmer’s and The Glimpse Group’s respective periodic reports filed with the SEC, including their most recent Annual Reports on Form 10-K and subsequent Quarterly Reports on Form 10-Q.

Media Contacts:
Swarmer: [email protected]

Brightline Interactive: [email protected]

Investor Relations:
Swarmer: [email protected]
The Glimpse Group / Brightline: [email protected]

New York, New York--(Newsfile Corp. - July 27, 2026) - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"), today announced it has been selected by AFWERX for a SBIR Phase I contract focused on NANO Nuclear's KRONOS MMR™ Energy System to address the most pressing challenges in the DAF. The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution. The DAF began offering the Open Topic SBIR/STTR program in 2018 which expanded the range of innovations the DAF funded and now on July 21, 2026, NANO Nuclear Energy will start its journey to create and provide innovative capabilities that will strengthen the national defense of the United States of America.

James Walker, Chief Executive Officer of NANO Nuclear Energy, said: "This award represents another meaningful step in the continued advancement of NANO Nuclear's defense commercialization strategy. We now have multiple active engagements with the Department of the Air Force that demonstrate increasing confidence in our technology and technical capabilities. We believe these programs create valuable opportunities to showcase the KRONOS MMR™, while establishing relationships that may support future deployment opportunities across additional Air Force installations and the broader Department of War."

Jay Yu, Founder and Chairman of NANO Nuclear Energy, added: "Energy resilience has become a strategic priority across the U.S. military, and advanced microreactors have the potential to fundamentally change how critical installations are powered. This award is significant not only because it expands our opportunity with the Air Force, but because it represents continued commercial validation of our technology roadmap. As we continue executing on each of our Air Force programs, we believe NANO Nuclear is positioning itself as an emerging participant in what could become one of the most important long-term markets for advanced microreactor deployment."

The views expressed are those of the author and do not necessarily reflect the official policy or position of the Department of the Air Force, the Department of War, or the U.S. government.

About NANO Nuclear Energy, Inc.

NANO Nuclear Energy Inc. (NASDAQ: NNE) is a North American advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel supply chain, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services.

Led by a world-class nuclear engineering team, NANO Nuclear's reactor products in development include the proprietary KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign, "ZEUS", a portable solid core battery reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, bolstered by the May 2026 acquisition of Secured Transportation Services (STS), is led by former executives from the largest transportation company in the world and provides nuclear engineering and materials transport services in the U.S. and globally. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy.

HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear's own microreactors as well as the broader advanced nuclear reactor industry.

NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear's developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS' initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon's surface.

For more corporate information please visit: https://NanoNuclearEnergy.com/

About AFRL

The Air Force Research Laboratory is the Department of the Air Force's primary scientific research and development center and one of six centers within Air Force Materiel Command. AFRL leads the discovery, development and delivery of technologies for air, space and the multidomain. With a workforce spanning seven mission areas at more than 40 locations worldwide, AFRL conducts research ranging from basic science to advanced technology development.

About AFWERX

As the innovation arm of the Department of the Air Force and a division within the Air Force Research Laboratory, AFWERX brings American ingenuity from small businesses and startups to solve the most pressing challenges facing Airmen and Guardians. Headquartered at Wright-Patterson Air Force Base, Ohio, AFWERX strengthens the defense industrial base by expanding access to nontraditional vendors, building new defense partnerships and accelerating the transition of critical technologies to operational capability. In fiscal year 2025, AFWERX awarded more than 1,000 contracts totaling $1.37 billion and achieved 438 Phase III transitions valued at $8.1 billion, supercharging the industrial base that supports U.S. military readiness and battlefield advantage.

Cautionary Note Regarding Forward Looking Statements

This news release and statements of NANO Nuclear's management and collaborators in connection with this news release contain or may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as "expects", "anticipates", "intends", "explore," "plans", "aim," "goal," "believes", "potential", "will", "should", "could", "would" or "may" or derivations of these words and other words of similar meaning about the future. In this press release, forward-looking statements include those relating to the anticipated benefits to the Company of the AFWERX award described herein and the future development and deployment of the KRONOS MMR™ Energy System generally. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy ("DOE"), U.S. Nuclear Regulatory Commission ("NRC"), Canadian Nuclear Safety Commission ("CNSC") or related state or other U.S. or non-U.S. nuclear licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complementary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE, and the NRC, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, and (vi) similar risks and uncertainties associated with the operating a developing business a highly regulated, competitive and rapidly evolving industry, including that our plans may change and we may use our cash on hand faster or in different ways than anticipated as our business requires. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306617

Source: NANO Nuclear Energy Inc.

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Meta Platforms Today

$606.60 +11.41 (+1.92%)

As of 10:03 AM Eastern

52-Week Range$520.26▼

$796.25Dividend Yield0.35%

P/E Ratio22.05

Price Target$835.64

Meta Platform’s NASDAQ: META Q2 2026 financial results are quickly approaching, with the company set to release earnings on July 29 after the market close. Despite being down more than 8% year to date, the Magnificent Seven giant has recently seen its share price surge. The stock has rebounded around 10% from its 2026 low and now trades near $600.

This recovery is largely attributable to excitement around Meta’s reported cloud computing push and its Muse Spark 1.1 AI model. However, at this point, these potential growth drivers represent just that: potential. The company is reportedly in “very preliminary talks” to enter a $10 billion cloud computing deal with Anthropic, while it released Muse Spark 1.1 only around two weeks ago. In turn, these factors are unlikely to impact Meta’s results in Q2.

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The focus for Q2 will continue to be on Meta’s massive advertising business. These are the key headline figures and underlying metrics to watch, along with the commentary that could be important during the call.

Forecasts Point to Growth Deceleration; Spending Guidance Is KeyIn Q1, Meta put up impressive metrics, particularly when it comes to growth. Revenue rose by 33% year-over-year (YOY), the company’s fastest growth rate since 2021. Meta also blew past expectations on adjusted earnings per share (EPS), although an unusual tax benefit caused the majority of its $3.77 beat.

In Q2, analysts expect the company to generate sales of $60.21 billion, or a growth rate of just under 27% YOY. Notably, this sales expectation is on the high end of Meta’s $58 billion to $61 billion Q2 guidance. Adjusted EPS expectations sit at $7.20, or growth of only around 1% YOY. Analysts currently forecast sales of $63.2 billion for Q3, and markets will look for Meta to provide midpoint guidance above this figure.

The key underlying metrics to watch are Meta’s ad impressions delivered, growth and price paid per ad growth. These figures demonstrate Meta’s ability to show users more ads and charge advertisers more for each, ultimately increasing ad revenue. The former grew by 19% YOY in Q1, while the latter grew by 12% YOY. Both were Meta’s highest growth rates in over a year. Given that revenue growth is forecast to fall, it would be reasonable to see a slight to moderate drop in these figures.

Besides the headline figures and underlying data, investors will pay close attention to any updates in Meta’s full-year capital expenditure (CapEx) guidance. In Q1, the company raised its CapEx range to between $125 billion and $145 billion, an 8% increase at the midpoint. This was one of the primary reasons that Meta shares dropped over 8% after its Q1 report. Thus, another increase could lead to the same fate, but investors will also weigh this against growth and future opportunities.

Cloud and Muse Spark 1.1: Will Meta Provide Any Insight?While Meta's cloud segment and Muse Spark 1.1 may not impact its Q2 financial results, management could still provide important forward-looking commentary. For the cloud, it would first be notable for the company to explicitly confirm that it is moving into this business line. Given the significant amount of reporting around this topic in recent weeks, it's hard to imagine that Meta will not address it.

Overall MarketRank™99th Percentile

Analyst RatingModerate Buy

Upside/Downside40.4% Upside

Short Interest LevelHealthy

Dividend StrengthWeak

News Sentiment0.92 Insider TradingSelling Shares

Proj. Earnings Growth19.19%

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Going a step further would involve outlining in detail what its cloud approach would be. The different options may include simply selling raw access to computing power or doing so while also layering services on top. If Meta announced any actual customers, that would be huge news, and given the market’s past reaction to third-party reports alone, it could boost the stock. However, it may be too early to expect any such announcement.

Although Muse Spark 1.1 is still very new, Meta may choose to disclose some preliminary numbers. One possibility is that Meta provides early token consumption metrics, a commonly used proxy for AI model demand. A large figure would indicate strong interest. For reference, Alphabet NASDAQ: GOOGL said its first-party models were processing 22 billion tokens per minute in Q2. Nonetheless, it could still be too early for Meta to provide tangible figures on Muse Spark 1.1.

Any insight into demand for Meta’s recent subscription offerings or on reports that it may issue equity to raise AI investment capital would also be notable.

Meta’s Valuation Below 3-Year Average as Analysts Point to Strong UpsideOverall, Q2 provides Meta with an opportunity to show that its AI investments are paying off, primarily through growth in its advertising business. Making significant statements around its more forward-looking initiatives would help indicate that it can expand AI growth beyond advertising alone.

Just days ahead of its report, Meta trades at a forward price-to-earnings ratio near 20.1x. This is moderately below its 23x average during the past three years. Meanwhile, Wall Street analysts continue to express bullishness. The MarketBeat consensus price target on Meta sits near $836, implying upside of over 30%.

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For the three-month period that ended June 30, Alphabet (GOOGL +0.58%) (GOOG +0.24%) reported a better-than-expected top line of $119.8 billion. This figure was propelled by the monster success of Google Cloud, which posted stellar year-over-year revenue growth of 82%. This was after a huge 63% gain in the first quarter.

The Alphabet thesis is becoming more defined by its artificial intelligence (AI) ambitions. Investors must know that the Google Cloud story comes with one major red flag: negative free cash flow.

Image source: Alphabet.

So much demand It's hard not to come away impressed by Google Cloud, whose revenue growth is accelerating in remarkable fashion. The segment ended the second quarter with a whopping $514 billion in customer backlogs, more than half of which management expects to register as revenue within the next 24 months.

"We are seeing strong, diversified demand across products, customers, geographies, and industries," CEO Sundar Pichai said on the Q2 2026 earnings call.

Scalability is on full display. Google Cloud's operating income came in at $8.8 billion during Q2, skyrocketing 212% compared to the same period last year.

On the surface, it looks like Alphabet is thriving in the AI revolution. Not only is the cloud division booming, but Google Search and YouTube are also benefiting from AI capabilities.

Alphabet

Today's Change

(

0.58

%) $

1.84

Current Price

$

319.53

Positive to negative Investors need to pay closer attention to the company's financial situation. Alphabet reported negative free cash flow (FCF) of $5.9 billion last quarter. This was perhaps the first time in its entire history as a public company, which goes all the way back to 2004, that this happened.

Management is embarking on an unprecedented spending spree. The forecast for capital expenditures (capex) was once again raised, now projected to total $195 billion to $205 billion in 2026. There are only 84 public companies in the world worth more than this amount.

After repurchasing $45.7 billion worth of shares in 2025, Alphabet paused this key capital allocation activity in the first six months of this year. And it has started tapping external financing sources via debt and equity markets to fund its AI investment cycle.

Investors who have followed Alphabet for years understand that we are in uncharted waters here. What was once an asset-light business has now morphed into a capital-intensive operation.

When will the capex cycle taper off? And when will FCF become positive again? These are the most important questions shareholders need to ask. All eyes are on the topic of return on invested capital.

It's impossible to know the answers. However, if you're willing to buy this Magnificent Seven stock right now and hold for five years, these are the uncertainties you must grapple with.

NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) CEO Jensen Huang used an exclusive Bloomberg interview on July 27, 2026 to lay out one of the boldest forecasts yet for the AI buildout: a semiconductor industry that must expand roughly tenfold over the coming decade to serve a computing world dominated by autonomous machines rather than human users.

Speaking about the shift from human-driven computing to agentic systems, Huang argued that Nvidia’s addressable market is being redefined at the endpoint level. “These are now processing AI’s for humans to collaborate with. In the future we have AI agents and robots and they will be using computers. Instead of a billion people using computers we will have 100 billion agents and billions of robots all using computers. The computer industry built on top of the chip industry is certainly not big enough,” Huang said. His projection follows: “My guess is the semiconductor industry will probably have to be 10 times larger than it is today over the next decade or so. Working with our partners in Korea and around the world to scale up the supply chain of semiconductors so we are prepared for the AI future.” Huang framed the 10x figure explicitly as his personal guess, not a certainty.

Reframing The Addressable Market The pitch aligns with themes Huang has hammered on recent earnings calls. On the fiscal Q1 2027 call in May 2026, he described “The transition from generative to agentic AI, AI capable of perceiving, reasoning, planning, and acting,” as a force that will reshape every industry. He has also flagged that reasoning models require “a hundred, a thousand times more” tokens per task than one-shot chatbots, a compute intensity that underpins his tenfold industry expansion thesis.

Nvidia reported fiscal Q1 2027 revenue of $81.61 billion, up 85.2% year over year, with data center revenue of $75.25 billion and non-GAAP earnings per share of $1.87, according to the company’s SEC 8-K filing. Q2 guidance called for approximately $91.0 billion in revenue.

The Korea Angle: SK Group And HBM Huang leaned heavily into South Korea as a linchpin of the buildout. “It is the golden age for Korea, as you know. Their semiconductor and industrial business is booming. The country has the ability to help the world buildout AI infrastructure. They are incredibly adapt at adopting new technologies,” he told Bloomberg.

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Nvidia announced a partnership with SK Group valued at over $500 billion in consumption and purchasing of memory and sales of AI supercomputers. The companies are collaborating on memory roadmaps spanning HBM3, HBM4, and beyond, and Nvidia is investing in Korea’s leading AI cloud with plans to scale 200 megawatts. Reports indicate Nvidia will invest $1 billion in Naver Corp to finance an AI data center expansion in the country. SK Group’s listed affiliates trade on the Korea Exchange rather than U.S. venues.

Capex Confidence, With Caveats The 10x call gives investors a framework for interpreting Nvidia’s aggressive supply commitments. The company disclosed $119.0 billion in total supply-related commitments and authorized an additional $80 billion share buyback, alongside a dividend raise to $0.25 per share. Reports indicate Nvidia is in talks to provide a $250 billion financing guarantee for an OpenAI data center project in southern Ohio.

Nvidia carries a trailing P/E of 32 and a forward P/E of 24, with an analyst target price of $302.83 against a recent quote of $206.02. Shares are up 11.04% year to date and 19.21% over the past year.

Huang is arguing that AI infrastructure demand will run longer and deeper than current models assume because the number of compute endpoints jumps from roughly a billion humans to hundreds of billions of agents and robots. That is his projection, not a guarantee, and it hinges on the industry actually scaling supply chains across Taiwan, Korea, and the United States to meet it. Investors watching Nvidia should track hyperscaler capex commentary, HBM supply agreements, and the Vera Rubin ramp for evidence that Huang’s timeline is materializing.

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Contact [email protected] for any questions or corrections.

Credit card giant American Express (AXP -4.30%) released its second-quarter earnings before the market opened on July 24. Although the company's earnings per share of $4.53 cleared Wall Street's expectations, revenue net of interest expense narrowly missed the mark at $19.64 billion. Shares dropped over 4% following the announcement.

But try not to get fixated on the headline numbers. Sure, they matter, but they don't tell the whole story. The market seems to be missing what's happening with American Express' fee revenue, the annual fees people pay to use the company's premium credit and charge cards. The data in American Express' second-quarter earnings illustrate the brand's strength and why the stock continues to justify its valuation.

Image source: Getty Images.

American Express flexing its pricing power The credit card industry is ferociously competitive. American Express pioneered the premium credit space, but it faces steep competition from big banks and fintech companies like Robinhood Markets. This year was a crucial test of American Express' pricing power after the company raised the annual fee on its flagship Platinum Card from $695 to $895 at the beginning of 2026.

It seems that American Express is passing this test. Fee revenue was the company's fastest-growing revenue item at 15% year over year in Q2, and management anticipates that figure accelerating over the next two quarters, exiting 2026 at a high-teens rate. In other words, customers haven't blinked at the $200 increase. Management noted that its Platinum portfolio is now its fastest-growing consumer group in the United States.

Today's Change

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-14.67

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Continuing to excel in the premium borrower segment The brand's identity rests squarely with the affluent cardholder. That customer base continues to show strength despite broader U.S. consumer sentiment declining roughly 20% over the past year. During that time, American Express' net write-off rate has held firm at 2%, and the percent of card balances at least 30 days past due actually declined from 1.3% to 1.2%. American Express certainly isn't immune to recessions, but operating in the premium space makes the business more resilient.

Millennials and Gen Z account for approximately 65% of the new consumer accounts American Express added in the second quarter, and 75% of all new accounts were fee-paying products. American Express continues to secure long-term growth by winning over the next generation of premium cardholders, and analysts estimate the company will grow earnings by an average of 14% annually over the next three to five years.

The stock doesn't necessarily look like a bargain at 19 times its 2026 earnings estimates, given that earnings for businesses with credit exposure are notoriously volatile. However, the high-margin revenue American Express continues to generate and grow is the secret sauce that has helped the stock deliver stellar investment returns over the years. I didn't see anything in Q2 earnings that would change that.

American Express is an advertising partner of Motley Fool Money. Justin Pope has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends American Express. The Motley Fool has a disclosure policy.

Synopsys Introduces Industry's First Autonomous EDA Workflows on Microsoft Discovery to Accelerate Engineering from Specification to Silicon

Key Highlights

Synopsys is advancing an open, interoperable agentic AI stack for autonomous workflows across the chip design lifecycle. Introducing two new agentic EDA workflows, developed in collaboration with Microsoft and used by AMD, available for evaluation on Microsoft Discovery to accelerate chip design. Fully-autonomous debug closure workflow initial results demonstrate up to 40% reduction in cycle time , /PRNewswire/ -- Synopsys, Inc. (NASDAQ: SNPS) announced new autonomous agentic AI workflows for chip design, developed in collaboration with Microsoft and available for evaluation on Microsoft Discovery. AI is fundamentally reshaping engineering, and Synopsys is building a comprehensive, open agentic AI stack to increase engineering autonomy and accelerate product design from silicon to systems. This week at the 2026 DAC Chips to Systems Conference, Synopsys is showcasing new fully autonomous workflows powered by AgentEngineer™ technology, extending agentic AI from task automation to long-running engineering execution.

This includes Synopsys autonomous workflows on Microsoft Discovery:

Synopsys fully-autonomous debug closure workflow: A fully autonomous AI-powered verification and root cause analysis (RCA) workflow orchestrated with Microsoft Discovery, brings together domain-specific and task-level agents to identify design failures, automate debug tasks, and accelerate validation— helping engineering teams resolve issues faster and improve silicon quality. Early evaluations show reductions of 25–40% in debug cycle time, saving many weeks of engineering efforts and improving productivity. Synopsys fully-autonomous implementation and closure workflow: An autonomous workflow leveraging Synopsys implementation agents and Fusion Compiler on Azure brings together domain-specific and task-level agents to automate implementation quality-of-results (QoR) tuning and closure. Initial results demonstrate improved QoR. Synopsys, AMD, and Microsoft are enabling AI-powered design workflows that combine large-scale reasoning, domain expertise, and cloud-scale compute to accelerate the development of the next generation of AI infrastructure silicon. Today's milestone builds on the existing collaboration and previously announced agentic specification to RTL workflow, marking the first EDA applications available for evaluation on Microsoft Discovery. Customers can request evaluation access through Synopsys. AMD is actively evaluating the application of autonomous workflows to accelerate the development of their next-generation products.

"AI is reshaping engineering. Together with Microsoft and Synopsys, we're enabling a new generation of AI-assisted design workflows that augment human ingenuity with intelligent automation and optimization," said Alex Starr, AMD Corporate Fellow. "AI driven workflows powered by Discovery and leveraging AI tooling, such as RCA with deep EDA domain knowledge, are a paradigm we see accelerating scaling and deployment, helping improve both design velocity and overall silicon quality."

"We designed Microsoft Discovery to accelerate scientific and engineering innovation with AI, and chip design is an ideal application for Discovery as it addresses one of the most complex engineering challenges on the planet," said Aseem Datar, Corporate Vice President (CVP) of Product Innovation for Microsoft Discovery and Quantum. "We are excited about Synopsys' open, interoperable approach to their agentic platform and the collaborative effort with Synopsys and AMD to make these agentic AI EDA workflows the first available on Discovery."

"As AI-powered systems and hyperscale computing push silicon complexity to unprecedented levels, engineering teams can no longer afford traditional tradeoffs between performance, quality, and development speed," said Ravi Subramanian, Chief Product Management Officer, Synopsys. "Synopsys is addressing this challenge by applying AI capabilities with increasing levels of autonomy to accelerate and transform silicon engineering."

Join Synopsys at the 2026 DAC Chips to Systems Conference
This week at DAC, Synopsys is showcasing AI-powered engineering solutions that enable customers to rapidly design from silicon to system with increased quality, efficiency, precision, and scale. Attendees can visit Synopsys' booth #631 for demonstrations of newly announced autonomous workflows. For a complete list of Synopsys sessions and activities at DAC 2026, visit the Synopsys DAC 2026 event page. 

About Synopsys
Synopsys, Inc. (Nasdaq: SNPS) is the leader in engineering solutions from silicon to systems, enabling customers to rapidly innovate AI-powered products. We deliver industry-leading silicon design, IP, simulation and analysis solutions, and design services. We partner closely with our customers across a wide range of industries to maximize their R&D capability and productivity, powering innovation today that ignites the ingenuity of tomorrow. Learn more at www.synopsys.com.

© 2026 Synopsys, Inc. All rights reserved. Synopsys, Ansys, the Synopsys and Ansys logos, and other Synopsys trademarks are available at https://www.synopsys.com/company/legal/trademarks-brands.html. Other company or product names may be trademarks of their respective owners.

Forward-Looking Statements
This press release contains forward-looking statements, which involve risks, uncertainties and other factors that could cause our actual results, time frames, or achievements to differ materially. Information on potential risks, uncertainties and other factors that could affect our results is included in filings we make with the SEC from time to time, including in the sections entitled "Risk Factors" in our latest Annual Report on Form 10-K and Quarterly Report on Form 10-Q.

Contacts
Media 
Pete Smith
[email protected]

Kelli Wheeler
[email protected]
[email protected] 

SOURCE Synopsys, Inc.

Key Takeaways Agnico Eagle agreed to invest about C$60 million in Cadillac Mines through private placement. AEM will buy 8.696 million shares at C$6.90 each, subject to Cadillac's IPO closing conditions. Agnico Eagle's investment supports its strategy of backing junior miners near core operating regions. Agnico Eagle Mines Limited (AEM - Free Report) announced that it has made an investment in Cadillac Mines Corporation through a private placement that will accompany Cadillac's initial public offering (IPO), reinforcing Agnico Eagle's commitment to high-potential gold exploration assets in Canada's prolific Abitibi Greenstone Belt.  

Under the terms of the subscription agreement dated July 23, 2026, Agnico Eagle has agreed to purchase 8.696 million common shares of Cadillac Mines at C$6.90 per share, representing a total investment of approximately C$60 million. The transaction is subject to customary closing conditions, including the successful completion of Cadillac's IPO.  

The investment forms part of Cadillac Mines' broader financing strategy as the company prepares to enter the public markets. Cadillac recently increased the size of its IPO, reflecting strong investor demand and support from strategic mining investors. Agnico Eagle's participation serves as a significant endorsement of Cadillac's exploration portfolio and long-term development prospects. 

Following the completion of Cadillac Mines' IPO, Agnico Eagle will enter into a 180-day lock-up agreement with the IPO underwriters. Under the agreement, the company will not sell, transfer, pledge or otherwise dispose of its common shares, engage in hedging or similar transactions, or announce any such plans without the underwriters' prior written consent, subject to certain limited exceptions. 

The company noted that, depending on market conditions, strategic priorities and other factors, it may increase or reduce its investment in Cadillac Mines over time. 

The investment is consistent with AEM’s strategy of acquiring minority stakes in promising junior mining companies that control attractive exploration assets near its core operating regions. Such investments provide the company with early exposure to potential future discoveries while supporting exploration and resource development across the Abitibi district. 

AEM shares have surged 17.3% in the past year compared with a 39.7% rise in the industry. 

Image Source: Zacks Investment Research

AEM’s Zacks Rank & Key PicksAEM currently carries a Zacks Rank #5 (Strong Sell). 

Some better-ranked stocks in the Basic Materials space are CSW Industrials, Inc. (CSW - Free Report) , Carpenter Technology Corporation (CRS - Free Report)  and Ternium S.A. (TX - Free Report) . CSW, CRS and TX carry a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. 

The Zacks Consensus Estimate for CSW’s current-year earnings stands at $12.52 per share, implying a 20.6% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average surprise being 3.8%.

The Zacks Consensus Estimate for CRS’s current fiscal-year earnings is pegged at $10.58 per share, implying a 41.4% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 9%.

The Zacks Consensus Estimate for TX’s current-year earnings is pegged at $5.71 per share, indicating a 163.1% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, with the average surprise being 3.5%. 

A woman poses with a cigarette in front of Philip Morris International logo in this illustration taken July 26, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab

July 27 (Reuters) - Philip Morris International (PM.N), opens new tab said on Monday it had doubled its planned investment in its Colorado ​manufacturing campus to about $1.2 billion through 2028, as ‌it expands production capacity for the Zyn nicotine pouch business.

The company in 2024 had initially announced a $600 million ​investment to build a manufacturing facility for Zyn ​nicotine pouches in Aurora, which opened on Monday.

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The ⁠company said the facility produces Zyn nicotine pouches ​and will support exports to markets across Asia, Latin ​America and the Caribbean.

Once fully operational, the facility is expected to generate approximately $550 million in annual economic impact and ​support 1,000 indirect jobs, the company said.

The Marlboro ​maker added that the Aurora campus joins the company's existing modern ‌nicotine ⁠manufacturing operations in Owensboro, Kentucky, and Wilson, North Carolina.

Nicotine pouches are the fastest-growing nicotine product in the U.S., with millions of users, driving sales for ​Philip Morris ​and helping ⁠fuel the company's growth across smoke-free products including heated tobacco device IQOS and ​vapes.

The investment comes weeks after the ​U.S. Food ⁠and Drug Administration authorized 20 Zyn nicotine pouches as less harmful than cigarettes, allowing the company to market ⁠reduced-risk ​information compared with cigarettes.

In July, ​Philip Morris beat second-quarter estimates, helped by strong demand for smoke-free products.

Reporting ​by Sanskriti Shekhar in Bengaluru; Editing by Maju Samuel

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Vicor Corporation NASDAQ: VICR sits at one of the least glamorous and most critical points in the artificial intelligence supply chain, and almost nobody talks about it. While the market has fixated on the chipmakers, Vicor has been quietly supplying the power modules that keep large AI clusters running.

Vicor Today

$211.01 0.00 (0.00%)

As of 07/24/2026 04:00 PM Eastern

52-Week Range$41.76▼

$382.65P/E Ratio67.63

Price Target$381.67

Almost every conversation about the constraints facing AI eventually lands on power. Grid capacity and the scramble to get electricity to data centers have become a sub-theme of their own, and investors have piled into the obvious beneficiaries.

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Far less attention has been given to a harder engineering problem sitting at the very end of the chain. Getting electricity to the building is one thing, but getting more than 1,000 watts into a single AI accelerator, cleanly and without cooking it, is another entirely, and it's a problem only a handful of companies can solve.

Earlier this week, Vicor Corp. delivered a solid earnings report that beat expectations on both lines. Needham kept its Buy rating and, while cutting its target from $400 to $320, still sees roughly 50% upside from here. For investors looking to build a position in a company that has quietly become essential to the AI buildout, that gap between the results and the share price may not stay open for long.

Solving the Last Inch of the AI Power ProblemThe problem Vicor addresses is deceptively simple to describe. In essence, modern AI accelerators draw enormous amounts of current, and delivering that power across the final few millimeters onto the chip itself creates constraints that conventional approaches struggle with.

Vicor's answer is a proprietary architecture that converts power much closer to the point of use, alongside a vertical delivery approach that feeds current up through the package rather than across the board. On this week's earnings call, CEO Patrizio Vinciarelli said the company had completed development on a baseline current density target for its lead customer and would begin engaging selected customers with development systems for its second-generation technology this quarter.

The scale of the opportunity shouldn't be underestimated. As racks get denser and accelerators hungrier, the value of the power content inside each one climbs sharply, which bodes well for niche players like Vicor.

The Numbers Behind This Week's BeatThe second quarter delivered on almost every line. Earnings and core revenue both beat expectations comfortably, with the latter growing more than 49% year-over-year, while Advanced Products revenue, the part of the business tied most directly to AI infrastructure, jumped 45% sequentially to account for close to two-thirds of the total.

But the number that should hold investors' attention is the backlog, which rose 145% year-over-year to $380 million. That backlog isn't just demand being forecast; it's demand already committed.

Management also raised full-year revenue guidance, one of the most bullish signals they can make. Better still, that guidance assumes no new licensing agreements at all, meaning any fresh deals would land as pure upside on numbers the company has already committed to.

Why the Market Hasn't Caught on YetHowever, given the stock has barely moved in the days since the report, the most obvious question is why this profile is getting overlooked. The good news for investors is that the answer has very little to do with Vicor itself, and Needham actually called it out in its note to clients as the reason for trimming its target to $320.

Importantly, Needham didn't downgrade Vicor's business or cut its estimates. Still, it did lower the multiple it was willing to apply to those estimates, citing the broad compression that has swept across AI semiconductor valuations in recent weeks.

That's a critical distinction. Vicor hasn't been marked down because anything went wrong. It's been caught in a sector-wide derating that has hit every name with AI exposure, regardless of how their quarter actually went.

This Is Still a Bullish SetupThere's another point worth acknowledging. Vicor’s headline beat was flattered by one-off items. Hence, the underlying result was closer to expectations than the surface numbers suggest, and there’s a recognition that the company still has to fund significant levels of additional manufacturing capacity to meet the demand it's signing up.

But still, Needham kept its Buy rating on the stock, and that fresh target of $320, though trimmed, is still about 50% higher than where the stock is currently trading, which is a bullish setup no matter how you look at it.

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Bank of Hawaii (BOH - Free Report) came out with quarterly earnings of $1.47 per share, beating the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.06 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +0.69%. A quarter ago, it was expected that this bank holding company would post earnings of $1.33 per share when it actually produced earnings of $1.3, delivering a surprise of -2.26%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Bank of Hawaii, which belongs to the Zacks Banks - West industry, posted revenues of $196.9 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 0.71%. This compares to year-ago revenues of $174.48 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Bank of Hawaii shares have added about 22.8% since the beginning of the year versus the S&P 500's gain of 8.3%.

What's Next for Bank of Hawaii?While Bank of Hawaii has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Bank of Hawaii was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.49 on $202.38 million in revenues for the coming quarter and $5.89 on $798.87 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - West is currently in the top 26% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Coastal Financial Corporation (CCB - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on July 30.

This company is expected to post quarterly earnings of $0.95 per share in its upcoming report, which represents a year-over-year change of +33.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Coastal Financial Corporation's revenues are expected to be $162.7 million, up 36.2% from the year-ago quarter.