Arvest Bank Trust Division ve 1. čtvrtletí snížila podíl v Micron Technology o 48,8 % a prodala 41 176 akcií. Po prodeji držela 43 135 akcií v hodnotě 14 573 000 USD.
Arvest Bank Trust Division cut its holdings in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 48.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 43,135 shares of the semiconductor manufacturer’s stock after selling 41,176 shares during the quarter. Arvest Bank Trust Division’s holdings in Micron Technology were worth $14,573,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in the business. Petra Financial Advisors Inc. lifted its stake in Micron Technology by 4.3% in the first quarter. Petra Financial Advisors Inc. now owns 967 shares of the semiconductor manufacturer’s stock worth $327,000 after acquiring an additional 40 shares during the period. WealthCollab LLC lifted its position in shares of Micron Technology by 11.0% in the 1st quarter. WealthCollab LLC now owns 353 shares of the semiconductor manufacturer’s stock worth $119,000 after purchasing an additional 35 shares during the period. Acumen Wealth Advisors LLC lifted its position in shares of Micron Technology by 456.4% in the 1st quarter. Acumen Wealth Advisors LLC now owns 3,333 shares of the semiconductor manufacturer’s stock worth $1,127,000 after purchasing an additional 2,734 shares during the period. Marin Bay Wealth Advisors LLC bought a new stake in shares of Micron Technology during the 1st quarter valued at about $527,000. Finally, Saturna Capital Corp boosted its stake in shares of Micron Technology by 83.7% during the 1st quarter. Saturna Capital Corp now owns 1,778 shares of the semiconductor manufacturer’s stock valued at $601,000 after purchasing an additional 810 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.
Analysts Set New Price Targets MU has been the topic of several research reports. The Goldman Sachs Group lifted their price target on Micron Technology from $900.00 to $1,100.00 and gave the company a “neutral” rating in a research report on Thursday, June 25th. Morgan Stanley boosted their target price on shares of Micron Technology from $1,050.00 to $1,200.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. DA Davidson upped their target price on shares of Micron Technology from $1,500.00 to $2,000.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Bank of America increased their price target on shares of Micron Technology from $950.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Finally, Erste Group Bank raised shares of Micron Technology from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $1,268.93.
View Our Latest Stock Report on Micron Technology
Insider Buying and Selling In related news, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the completion of the sale, the executive vice president directly owned 85,737 shares in the company, valued at $92,933,763.78. This trade represents a 31.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction on Monday, May 11th. The stock was sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the transaction, the director directly owned 17,139 shares of the company’s stock, valued at $13,488,907.17. The trade was a 10.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 163,300 shares of company stock worth $152,667,204. 0.24% of the stock is owned by company insiders.
Micron Technology Trading Up 12.2% Shares of MU stock opened at $970.82 on Wednesday. Micron Technology, Inc. has a 52-week low of $103.38 and a 52-week high of $1,255.00. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. The firm has a market capitalization of $1.10 trillion, a PE ratio of 21.98 and a beta of 2.14. The stock has a fifty day simple moving average of $954.95 and a two-hundred day simple moving average of $610.96.
Micron Technology (NASDAQ:MU – Get Free Report) last issued its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $21.39 by $3.72. The company had revenue of $41.46 billion for the quarter, compared to the consensus estimate of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The firm’s quarterly revenue was up 345.8% on a year-over-year basis. During the same quarter last year, the company earned $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, analysts predict that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.
Micron Technology Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were given a $0.15 dividend. The ex-dividend date was Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is currently 1.36%.
Key Headlines Impacting Micron Technology Here are the key news stories impacting Micron Technology this week:
Positive Sentiment: Micron is benefiting from a broad rebound in memory stocks, with SanDisk, SK Hynix, and Western Digital also bouncing as investors bet the recent slump was overdone. MU, SNDK, SKHY: Memory Stocks Rip Higher as Key Names Lead a Buy-the-Dip Comeback Positive Sentiment: Bank of America’s bullish take that low-cost AI models could increase memory demand helped revive sentiment around Micron and other chip stocks. Micron stock jumps 12%: what is driving the memory stock today Positive Sentiment: Multiple notes highlighted that the recent memory-stock selloff may have created an attractive entry point, with analysts saying data-center shortages and AI spending should keep demand firm. Why Micron and other chip stocks are bouncing back so strongly Positive Sentiment: Wall Street commentary remained constructive, with reports that Micron was added to “best investment ideas” lists and that analysts still see strong profitability from the AI memory cycle. NVIDIA Isn’t Leading AI Stocks in 2026 – These 2 Are Up Over 180% Neutral Sentiment: Some coverage also noted that traders are watching upcoming Big Tech earnings for clues on AI infrastructure spending, which could either extend the rally or cool it off. Micron and SK Hynix Stocks Jump. Watch for This Memory-Related Catalyst. Negative Sentiment: A few articles warned that valuations may already reflect a lot of the AI boom, and that customers could eventually push back against soaring memory costs, creating a risk of more volatility. Micron and SK Hynix Stocks Jump. Watch for This Memory-Related Catalyst. Micron Technology Profile (Free Report)
Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.
Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.
Featured Articles Five stocks we like better than Micron Technology Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding MU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Micron Technology, Inc. (NASDAQ:MU – Free Report).
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Aviance Capital Partners LLC reduced its stake in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) by 2.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 102,813 shares of the semiconductor manufacturer’s stock after selling 2,934 shares during the period. Broadcom comprises 3.7% of Aviance Capital Partners LLC’s investment portfolio, making the stock its 4th biggest position. Aviance Capital Partners LLC’s holdings in Broadcom were worth $31,822,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Broadcom by 21.8% in the fourth quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer’s stock worth $6,882,000 after acquiring an additional 5,322 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of Broadcom by 10.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer’s stock worth $1,854,000 after buying an additional 756 shares in the last quarter. United Bank boosted its position in shares of Broadcom by 76.5% in the first quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer’s stock valued at $392,000 after acquiring an additional 1,014 shares during the period. Sivia Capital Partners LLC boosted its position in shares of Broadcom by 10.1% in the second quarter. Sivia Capital Partners LLC now owns 12,693 shares of the semiconductor manufacturer’s stock valued at $3,499,000 after acquiring an additional 1,160 shares during the period. Finally, Capital & Planning LLC grew its stake in Broadcom by 10.5% during the second quarter. Capital & Planning LLC now owns 3,983 shares of the semiconductor manufacturer’s stock valued at $1,098,000 after acquiring an additional 378 shares in the last quarter. Hedge funds and other institutional investors own 76.43% of the company’s stock.
Insider Transactions at Broadcom In other Broadcom news, Director Justine Page sold 1,602 shares of the firm’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $373.86, for a total transaction of $598,923.72. Following the completion of the transaction, the director owned 17,426 shares of the company’s stock, valued at approximately $6,514,884.36. This trade represents a 8.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Mark David Brazeal sold 25,000 shares of the business’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $401.33, for a total transaction of $10,033,250.00. Following the sale, the insider owned 194,989 shares in the company, valued at approximately $78,254,935.37. This trade represents a 11.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 61,644 shares of company stock valued at $24,016,214 in the last three months. Company insiders own 1.90% of the company’s stock.
Key Broadcom News Here are the key news stories impacting Broadcom this week:
Positive Sentiment: UBS said the recent momentum unwind in semiconductors may be nearing its end, which could allow investors to rebuild positions in names like Broadcom as forced selling eases. UBS sees Broadcom, Sandisk, Oracle stocks rebounding: here’s why Positive Sentiment: Analysts highlighted Broadcom’s VMware Cloud Foundation momentum, saying the software platform is becoming a larger growth engine as enterprises move private clouds and AI workloads to virtualized environments. VCF is Becoming Broadcom’s Growth Engine: More Upside Ahead? Positive Sentiment: Broadcom benefited from a broader semiconductor rebound, with chip stocks rising as investors bought the dip after the recent selloff and AI-related volatility. 5 Things to Know Before the Stock Market Opens on Tuesday Positive Sentiment: Morgan Stanley continued to frame Broadcom as one of the more attractive AI infrastructure names, citing strong cash generation and favorable risk-reward after the sector pullback. Broadcom stock gains 2% today: here’s why Neutral Sentiment: Broadcom also got a boost from a new Standard Chartered deal to power banking cloud modernization across 54 markets, reinforcing the value of its VMware-based infrastructure software. Broadcom (AVGO) Lands Standard Chartered Deal To Power Banking Cloud In 54 Markets Negative Sentiment: Sentiment remains somewhat pressured by an ITC investigation tied to Netlist’s patent complaint, which pulled Broadcom into broader regulatory noise around Samsung memory products and customers. Is Broadcom (AVGO) Still Undervalued As Netlist Patent Claims Test Sentiment? Negative Sentiment: Some headlines also noted that an AI-focused trading model sold Broadcom after its expected return profile weakened, reflecting lingering caution after the recent tech selloff. Claude AI Sells Broadcom (AVGO) Stock Wall Street Analysts Forecast Growth AVGO has been the topic of a number of analyst reports. Truist Financial upped their target price on shares of Broadcom from $545.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, June 4th. Royal Bank Of Canada raised their price target on shares of Broadcom from $360.00 to $400.00 and gave the company a “sector perform” rating in a report on Thursday, June 4th. Zacks Research cut shares of Broadcom from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. Jefferies Financial Group set a $550.00 price target on shares of Broadcom and gave the stock a “buy” rating in a report on Thursday, June 4th. Finally, KeyCorp reissued an “overweight” rating and set a $575.00 price objective (up from $500.00) on shares of Broadcom in a research note on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $493.24.
Read Our Latest Research Report on Broadcom
Broadcom Stock Up 2.2% Shares of AVGO opened at $386.50 on Wednesday. The firm has a market cap of $1.84 trillion, a P/E ratio of 64.42, a P/E/G ratio of 0.66 and a beta of 1.45. The stock has a 50 day simple moving average of $399.63 and a two-hundred day simple moving average of $365.90. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.24 and a quick ratio of 2.01. Broadcom Inc. has a 1 year low of $273.00 and a 1 year high of $495.00.
Broadcom (NASDAQ:AVGO – Get Free Report) last posted its quarterly earnings results on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 EPS for the quarter, topping the consensus estimate of $2.40 by $0.04. The firm had revenue of $22.19 billion for the quarter, compared to the consensus estimate of $22.13 billion. Broadcom had a net margin of 38.85% and a return on equity of 41.61%. The business’s revenue was up 47.9% compared to the same quarter last year. During the same period last year, the firm posted $1.58 earnings per share. On average, analysts forecast that Broadcom Inc. will post 10.24 earnings per share for the current fiscal year.
Broadcom Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were paid a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, June 22nd. Broadcom’s dividend payout ratio is presently 43.33%.
Broadcom Profile (Free Report)
Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.
On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.
Further Reading Five stocks we like better than Broadcom Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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Ascent Wealth Partners LLC grew its stake in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 5.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,804 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,347 shares during the quarter. Ascent Wealth Partners LLC’s holdings in Broadcom were worth $7,677,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in Broadcom by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 482,707,302 shares of the semiconductor manufacturer’s stock valued at $167,064,997,000 after acquiring an additional 3,919,715 shares during the period. State Street Corp lifted its position in Broadcom by 2.7% in the 4th quarter. State Street Corp now owns 190,084,351 shares of the semiconductor manufacturer’s stock valued at $65,788,194,000 after acquiring an additional 5,040,801 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Broadcom by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 111,277,280 shares of the semiconductor manufacturer’s stock valued at $38,396,634,000 after purchasing an additional 1,548,699 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Broadcom by 3.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 85,546,083 shares of the semiconductor manufacturer’s stock valued at $29,607,500,000 after acquiring an additional 2,491,644 shares during the last quarter. Finally, Norges Bank purchased a new stake in Broadcom during the 4th quarter valued at $24,252,196,000. Institutional investors own 76.43% of the company’s stock.
Trending Headlines about Broadcom Here are the key news stories impacting Broadcom this week:
Positive Sentiment: UBS said the recent momentum unwind in semiconductors may be nearing its end, which could allow investors to rebuild positions in names like Broadcom as forced selling eases. UBS sees Broadcom, Sandisk, Oracle stocks rebounding: here’s why Positive Sentiment: Analysts highlighted Broadcom’s VMware Cloud Foundation momentum, saying the software platform is becoming a larger growth engine as enterprises move private clouds and AI workloads to virtualized environments. VCF is Becoming Broadcom’s Growth Engine: More Upside Ahead? Positive Sentiment: Broadcom benefited from a broader semiconductor rebound, with chip stocks rising as investors bought the dip after the recent selloff and AI-related volatility. 5 Things to Know Before the Stock Market Opens on Tuesday Positive Sentiment: Morgan Stanley continued to frame Broadcom as one of the more attractive AI infrastructure names, citing strong cash generation and favorable risk-reward after the sector pullback. Broadcom stock gains 2% today: here’s why Neutral Sentiment: Broadcom also got a boost from a new Standard Chartered deal to power banking cloud modernization across 54 markets, reinforcing the value of its VMware-based infrastructure software. Broadcom (AVGO) Lands Standard Chartered Deal To Power Banking Cloud In 54 Markets Negative Sentiment: Sentiment remains somewhat pressured by an ITC investigation tied to Netlist’s patent complaint, which pulled Broadcom into broader regulatory noise around Samsung memory products and customers. Is Broadcom (AVGO) Still Undervalued As Netlist Patent Claims Test Sentiment? Negative Sentiment: Some headlines also noted that an AI-focused trading model sold Broadcom after its expected return profile weakened, reflecting lingering caution after the recent tech selloff. Claude AI Sells Broadcom (AVGO) Stock Wall Street Analyst Weigh In Several research firms have weighed in on AVGO. UBS Group set a $485.00 price target on shares of Broadcom and gave the stock a “buy” rating in a research report on Thursday, June 4th. TD Cowen reaffirmed a “buy” rating and issued a $500.00 price target on shares of Broadcom in a report on Thursday, June 4th. Citigroup reissued a “buy” rating on shares of Broadcom in a research note on Thursday, June 4th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $525.00 price target on shares of Broadcom in a research note on Thursday, June 4th. Finally, KeyCorp reaffirmed an “overweight” rating and set a $575.00 target price (up from $500.00) on shares of Broadcom in a research report on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Broadcom has an average rating of “Moderate Buy” and an average target price of $493.24.
View Our Latest Research Report on Broadcom
Insider Transactions at Broadcom In other news, Director Harry L. You acquired 1,000 shares of Broadcom stock in a transaction dated Thursday, June 11th. The stock was purchased at an average cost of $373.57 per share, for a total transaction of $373,570.00. Following the completion of the purchase, the director directly owned 38,466 shares in the company, valued at $14,369,743.62. This trade represents a 2.67% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Justine Page sold 1,602 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $373.86, for a total transaction of $598,923.72. Following the transaction, the director directly owned 17,426 shares of the company’s stock, valued at $6,514,884.36. This represents a 8.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 61,644 shares of company stock valued at $24,016,214 over the last three months. Company insiders own 1.90% of the company’s stock.
Broadcom Trading Up 2.2% NASDAQ:AVGO opened at $386.50 on Wednesday. The company has a quick ratio of 2.01, a current ratio of 2.24 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $1.84 trillion, a price-to-earnings ratio of 64.42, a PEG ratio of 0.66 and a beta of 1.45. Broadcom Inc. has a 52 week low of $273.00 and a 52 week high of $495.00. The firm has a 50 day moving average of $399.63 and a 200 day moving average of $365.90.
Broadcom (NASDAQ:AVGO – Get Free Report) last announced its earnings results on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share for the quarter, topping the consensus estimate of $2.40 by $0.04. Broadcom had a return on equity of 41.61% and a net margin of 38.85%.The firm had revenue of $22.19 billion for the quarter, compared to the consensus estimate of $22.13 billion. During the same period in the previous year, the business earned $1.58 EPS. The firm’s revenue for the quarter was up 47.9% on a year-over-year basis. As a group, sell-side analysts anticipate that Broadcom Inc. will post 10.24 earnings per share for the current fiscal year.
Broadcom Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.65 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. Broadcom’s payout ratio is 43.33%.
Broadcom Company Profile (Free Report)
Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.
On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.
Featured Articles Five stocks we like better than Broadcom Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding AVGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO – Free Report).
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Arvest Bank Trust Division ve 1. čtvrtletí zvýšila podíl v CVS Health o 2 401,7 % na 66 945 akcií za 4,808 milionu USD. CVS zároveň oznámila čtvrtletní dividendu ve výši 0,665 USD na akcii.
Arvest Bank Trust Division increased its holdings in CVS Health Corporation (NYSE:CVS – Free Report) by 2,401.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 66,945 shares of the pharmacy operator’s stock after acquiring an additional 64,269 shares during the quarter. Arvest Bank Trust Division’s holdings in CVS Health were worth $4,808,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in CVS Health by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 120,709,530 shares of the pharmacy operator’s stock valued at $9,579,508,000 after buying an additional 1,824,424 shares during the last quarter. State Street Corp increased its position in CVS Health by 2.1% in the fourth quarter. State Street Corp now owns 60,183,743 shares of the pharmacy operator’s stock worth $4,776,182,000 after buying an additional 1,245,457 shares during the period. Capital International Investors increased its position in CVS Health by 3.4% in the fourth quarter. Capital International Investors now owns 27,592,356 shares of the pharmacy operator’s stock worth $2,189,793,000 after buying an additional 900,153 shares during the period. Norges Bank bought a new stake in CVS Health in the fourth quarter valued at $1,666,265,000. Finally, Morgan Stanley increased its holdings in shares of CVS Health by 6.3% in the 4th quarter. Morgan Stanley now owns 20,373,774 shares of the pharmacy operator’s stock worth $1,616,863,000 after acquiring an additional 1,211,631 shares during the period. Institutional investors and hedge funds own 80.66% of the company’s stock.
CVS Health Stock Up 2.6% CVS Health stock opened at $110.40 on Wednesday. CVS Health Corporation has a twelve month low of $58.50 and a twelve month high of $110.62. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.66 and a current ratio of 0.87. The firm has a market cap of $140.87 billion, a PE ratio of 48.64, a P/E/G ratio of 1.05 and a beta of 0.61. The firm’s 50 day moving average price is $99.58 and its two-hundred day moving average price is $85.58.
CVS Health (NYSE:CVS – Get Free Report) last issued its earnings results on Wednesday, May 6th. The pharmacy operator reported $2.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.36. CVS Health had a net margin of 0.72% and a return on equity of 11.88%. The company had revenue of $100.43 billion during the quarter, compared to analyst estimates of $94.99 billion. During the same quarter last year, the business posted $2.25 EPS. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. CVS Health has set its FY 2026 guidance at 7.300-7.500 EPS. On average, research analysts predict that CVS Health Corporation will post 7.46 EPS for the current fiscal year.
CVS Health Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 23rd will be given a $0.665 dividend. This represents a $2.66 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Thursday, July 23rd. CVS Health’s dividend payout ratio is presently 117.18%.
Insider Activity In related news, Director Larry Robbins sold 1,983,538 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $94.45, for a total value of $187,345,164.10. Following the transaction, the director owned 6,213,261 shares in the company, valued at approximately $586,842,501.45. This represents a 24.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Tilak Mandadi sold 69,551 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $89.58, for a total transaction of $6,230,378.58. Following the transaction, the executive vice president directly owned 10,133 shares in the company, valued at approximately $907,714.14. The trade was a 87.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 3,441,551 shares of company stock worth $323,703,977. Insiders own 0.85% of the company’s stock.
Key Headlines Impacting CVS Health Here are the key news stories impacting CVS Health this week:
Positive Sentiment: CVS announced that common prescription medications for dogs and cats are now available at its roughly 9,000 CVS Pharmacy locations nationwide, expanding the chain’s role beyond human prescriptions and potentially adding a small but incremental revenue stream while increasing store traffic. Pet medications now available at CVS Pharmacy® Positive Sentiment: Market commentary highlighted that CVS has been outperforming the broader market, reflecting continued investor confidence in the company’s ongoing operational improvement and turnaround efforts. CVS Health (CVS) Surpasses Market Returns: Some Facts Worth Knowing Positive Sentiment: Another report echoed the same outperformance theme, noting CVS’s strong trading versus the market and suggesting that investors remain focused on the company’s improving fundamentals. CVS Health (CVS) Surpasses Market Returns: Some Facts Worth Knowing Neutral Sentiment: A longer-form analysis argued CVS is still in the middle of a meaningful turnaround, with improving margins, declining leverage, and strong cash flow, but it also noted the stock is no longer viewed as a deep bargain after its rally. CVS Health Update: The C- Student Now Pulling Down A B+ Analysts Set New Price Targets Several research analysts have recently issued reports on CVS shares. Wells Fargo & Company increased their price target on CVS Health from $103.00 to $123.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. TD Cowen raised their price objective on shares of CVS Health from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, May 11th. HSBC reissued a “hold” rating and issued a $103.00 price objective on shares of CVS Health in a research note on Monday, July 6th. JPMorgan Chase & Co. lifted their price target on shares of CVS Health from $101.00 to $111.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Finally, Cantor Fitzgerald upped their target price on CVS Health from $100.00 to $110.00 and gave the company an “overweight” rating in a report on Tuesday, July 7th. Twenty-one analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $105.38.
Get Our Latest Analysis on CVS Health
CVS Health Company Profile (Free Report)
CVS Health Corporation is a diversified healthcare company that operates a large network of retail pharmacies, pharmacy benefit management services and health care solutions. Headquartered in Woonsocket, Rhode Island, the company traces its roots to the early 1960s and has grown into an integrated provider of prescription drugs, over‑the‑counter products, clinical services and health insurance offerings. Its operating model combines retail pharmacy locations and in‑store clinics with broader pharmacy and health plan capabilities.
Key business activities include CVS Pharmacy retail operations, MinuteClinic walk‑in medical clinics and HealthHUB locations that offer expanded clinical services.
Recommended Stories Five stocks we like better than CVS Health Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding CVS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CVS Health Corporation (NYSE:CVS – Free Report).
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Balefire LLC v 1. čtvrtletí koupila nový podíl ve společnosti Palo Alto Networks za zhruba 301 000 USD. Několik dalších fondů ve stejném období svůj podíl v PANW zvýšilo.
Balefire LLC bought a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,876 shares of the network technology company’s stock, valued at approximately $301,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PANW. Boston Common Asset Management LLC raised its holdings in Palo Alto Networks by 10.8% in the 1st quarter. Boston Common Asset Management LLC now owns 47,194 shares of the network technology company’s stock worth $7,566,000 after purchasing an additional 4,618 shares in the last quarter. Nelson Capital Management LLC boosted its stake in shares of Palo Alto Networks by 14.7% during the 1st quarter. Nelson Capital Management LLC now owns 2,671 shares of the network technology company’s stock valued at $428,000 after purchasing an additional 343 shares in the last quarter. Greenwood Gearhart LLC increased its position in shares of Palo Alto Networks by 53.4% during the first quarter. Greenwood Gearhart LLC now owns 84,030 shares of the network technology company’s stock valued at $13,472,000 after buying an additional 29,245 shares during the period. S&CO Inc. increased its position in shares of Palo Alto Networks by 4.3% during the first quarter. S&CO Inc. now owns 86,925 shares of the network technology company’s stock valued at $13,935,000 after buying an additional 3,579 shares during the period. Finally, True North Advisors LLC raised its stake in Palo Alto Networks by 14.0% in the first quarter. True North Advisors LLC now owns 2,888 shares of the network technology company’s stock worth $463,000 after buying an additional 354 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.
Analysts Set New Price Targets Several analysts have commented on the stock. Jefferies Financial Group set a $335.00 price objective on shares of Palo Alto Networks and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Stifel Nicolaus set a $340.00 target price on Palo Alto Networks in a research report on Wednesday, June 3rd. Wells Fargo & Company raised their target price on Palo Alto Networks from $325.00 to $420.00 and gave the company an “overweight” rating in a research note on Wednesday, July 1st. Morgan Stanley restated an “overweight” rating and issued a $387.00 target price (up from $320.00) on shares of Palo Alto Networks in a research note on Tuesday. Finally, Citigroup restated a “buy” rating and set a $400.00 price target (up from $340.00) on shares of Palo Alto Networks in a research report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and an average target price of $331.48.
View Our Latest Stock Analysis on Palo Alto Networks
Palo Alto Networks Trading Down 1.9% NASDAQ:PANW opened at $342.15 on Wednesday. The firm has a market capitalization of $278.85 billion, a P/E ratio of 280.45, a PEG ratio of 12.95 and a beta of 0.91. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $368.80. The company’s 50-day simple moving average is $295.28 and its 200 day simple moving average is $214.74.
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter last year, the firm earned $0.37 earnings per share. The business’s revenue for the quarter was up 31.1% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. As a group, analysts forecast that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.
Insider Activity at Palo Alto Networks In other Palo Alto Networks news, EVP Lee Klarich sold 62,904 shares of Palo Alto Networks stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the completion of the transaction, the executive vice president owned 235,983 shares in the company, valued at approximately $61,037,002.95. The trade was a 21.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Josh D. Paul sold 1,100 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $285.08, for a total value of $313,588.00. Following the completion of the sale, the chief accounting officer directly owned 81,636 shares in the company, valued at approximately $23,272,790.88. This represents a 1.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 101,239 shares of company stock worth $27,174,360 over the last quarter. 1.40% of the stock is currently owned by company insiders.
Key Palo Alto Networks News Here are the key news stories impacting Palo Alto Networks this week:
Positive Sentiment: J.P. Morgan-style rotation into cybersecurity is showing up in the news flow, with multiple commentators arguing that AI-driven security demand should benefit PANW as enterprises spend more to protect themselves from increasingly powerful AI tools. Why Palo Alto Stock Can Be a Big Winner in Cybersecurity’s New AI Era Positive Sentiment: Morgan Stanley said sentiment on software stocks has become “too negative,” and named high-profile names like PANW as potential rebound candidates if investors rotate back into quality software leaders. Morgan Stanley Analysts Say Sentiment Has Gotten ‘Too Negative’ on Software Stocks. These Are Their Picks Positive Sentiment: Citi Wealth’s CIO highlighted cybersecurity as a favored theme, saying “infinite AI agents” could drive more enterprise spending on security, which reinforces the bull case for PANW. Citi Wealth CIO Warns “Infinite AI Agents” Will Accelerate Cybersecurity’s Share of Enterprise Spending Positive Sentiment: Palo Alto Networks announced it intends to acquire Embrace to expand its observability platform with digital experience monitoring, adding real-user monitoring and synthetics tools that could broaden its product offering and deepen customer value. Palo Alto Networks to Extend Leading Observability Platform with Innovative Digital Experience Monitoring Neutral Sentiment: One market note said PANW had slipped recently alongside broader software weakness, suggesting investor caution may still be weighing on the shares. Palo Alto Networks (PANW) Sees a More Significant Dip Than Broader Market: Some Facts to Know About Palo Alto Networks (Free Report)
Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.
The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.
Read More Five stocks we like better than Palo Alto Networks Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding PANW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report).
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Freeport-McMoRan (FCX) čeká na výsledky za 2. čtvrtletí s odhadovanými výnosy 6,47 mld. USD, meziročně o 14,6 % níže. Firma má těžit z vyšších cen mědi, ale brzdit ji mají nižší objemy prodeje a vyšší náklady.
Key Takeaways Freeport reports Q2 results on July 23 with a positive Earnings ESP of 6.93%. FCX is expected to benefit from higher copper prices despite lower sales volumes and higher costs. Freeport's Q2 revenue estimate is $6.47B, down 14.6% year over year, with weaker volumes weighing on sales. Freeport-McMoRan Inc. (FCX - Free Report) is set to release second-quarter 2026 results before the opening bell on July 23.
The mining giant beat the Zacks Consensus Estimate for earnings in each of the last four quarters. It has a trailing four-quarter earnings surprise of 32.1% on average. While higher unit costs and weaker volumes are likely to have impacted FCX’s performance, it is expected to have benefited from favorable copper prices.
FCX’s shares have gained 36.6% in a year, underperforming the Zacks Mining - Non Ferrous industry’s 40.7% rise.
Image Source: Zacks Investment Research
Let’s see how things are shaping up for this announcement.
What Our Model Unveils for FCX StockOur proven model predicts an earnings beat for Freeport 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.
Earnings ESP: Earnings ESP for FCX is +6.93%. The Zacks Consensus Estimate for the second quarter is currently pegged at 60 cents. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: FCX currently carries a Zacks Rank #3.
What do FCX’s Revenue Estimates Indicate?The Zacks Consensus Estimate for FCX’s second-quarter consolidated sales is currently pegged at $6,474 million, calling for a decline of 14.6% from the year-ago quarter’s tally.
Factors at Play for FCX StockFreeport’s second-quarter results are expected to reflect favorable copper prices. Copper prices started 2026 on a strong note, underpinned by robust demand from China and the United States. Structural tailwinds, including electric vehicles (EVs), renewable energy projects, data center growth and grid modernization, continue to boost copper consumption. Worries about tightening supply amid rising EV and infrastructure demand also supported the red metal. These factors led to prices surging to roughly $6.4 per pound in late January. Prices of the red metal were mostly volatile during February, largely trading near $6 per pound.
Copper prices came under pressure in March amid concerns about the impact of surging oil prices on the global economy due to the war in the Middle East. This dragged down prices to a three-month low of around $5.3 per pound in late March. Prices rebounded in April on hopes of a de-escalation in the Iran war. Prices shot up to around $6.6 per pound in May amid robust demand in China and supply worries linked to the Middle East conflict.
Copper surged to an all-time high near $6.7 per pound in early June on supply woes. Prices are currently hovering near $6.5 per pound. Our estimate for the second-quarter average realized copper price for FCX is $5.98 per pound, which indicates a year-over-year rise of 31.7%.
FCX’s results are likely to be unfavorably impacted by lower sales volumes due to the Grasberg mine incident. Freeport’s copper sales volumes tumbled approximately 25% year over year in the first quarter to 657 million pounds, and fell from 709 million pounds in the prior quarter. The downside primarily resulted from lower operating rates due to the temporary suspension of operations since the mud rush incident at the Grasberg Block Cave mine in Indonesia in September 2025.
While the company’s outlook for copper sales volumes for the second quarter of 690 million pounds indicates a sequential improvement, it still suggests a 32% year-over-year decline. For full-year 2026, consolidated sales volume projections were revised lower to around 3.1 billion pounds of copper from the prior view of 3.4 billion pounds due to an expected delay in achieving full ramp-up of the Grasberg Block Cave mine. Lower year-over-year sales volumes are expected to have weighed on its top line.
Higher unit costs are also likely to have affected the company’s performance in the June quarter. Its outlook for the second quarter suggests higher costs on a sequential basis. FCX expects unit net cash costs to rise to $2.24 per pound, while projecting a full-year average of roughly $1.95 (compared with $1.65 in 2025). The projected second-quarter unit cost reflects a roughly 98% year-over-year and 17% increase from the prior quarter. The uptick in costs reflects higher costs of energy and other consumables due to the Middle East conflict and persistent pressure on volumes.
Basic Materials Stocks That Warrant a LookHere are some companies in the basic materials space you may want to consider, as our model shows they too have the right combination of elements to post an earnings beat this quarter:
The Sherwin-Williams Company (SHW - Free Report) , scheduled to release earnings on July 28, has an Earnings ESP of +0.94% and carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
The consensus estimate for SHW’s earnings for the second quarter is currently pegged at $3.56.
Methanex Corporation (MEOH - Free Report) , scheduled to release earnings on July 28, has an Earnings ESP of +0.06%.
The Zacks Consensus Estimate for MEOH's earnings for the second quarter is currently pegged at $4. MEOH currently carries a Zacks Rank #2.
Element Solutions Inc (ESI - Free Report) , slated to release earnings on July 27, has an Earnings ESP of +1.54% and carries a Zacks Rank #2 at present.
The consensus mark for ESI’s second-quarter earnings is currently pegged at 43 cents.
Iridium Communications (IRDM - Free Report) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.2 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -26.92%. A quarter ago, it was expected that this satellite phone company would post earnings of $0.27 per share when it actually produced earnings of $0.2, delivering a surprise of -25.93%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Iridium, which belongs to the Zacks Satellite and Communication industry, posted revenues of $225.24 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.82%. This compares to year-ago revenues of $216.91 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.
Iridium shares have added about 171.8% since the beginning of the year versus the S&P 500's gain of 9.7%.
What's Next for Iridium?While Iridium 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 Iridium was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.30 on $228.78 million in revenues for the coming quarter and $1.02 on $895.01 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, Satellite and Communication is currently in the bottom 20% 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.
One other stock from the same industry, Satellogic Inc. (SATL - Free Report) , is yet to report results for the quarter ended June 2026.
This company is expected to post quarterly loss of $0.03 per share in its upcoming report, which represents a year-over-year change of +50%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Satellogic Inc.'s revenues are expected to be $9.33 million, up 110.1% from the year-ago quarter.
Ares Capital (ARCC) oznámí výsledky za 2. čtvrtletí 2026 ve středu 29. července před otevřením trhu. Analytici čekají EPS 0,47 USD a výnosy 770,6710 milionu USD.
Ares Capital (NASDAQ:ARCC – Get Free Report) is anticipated to announce its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $0.47 per share and revenue of $770.6710 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 12:00 PM ET.
Ares Capital (NASDAQ:ARCC – Get Free Report) last announced its earnings results on Tuesday, April 28th. The investment management company reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). The firm had revenue of $763.00 million for the quarter, compared to analysts’ expectations of $778.00 million. Ares Capital had a net margin of 37.30% and a return on equity of 9.85%. The business’s revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.50 earnings per share. On average, analysts expect Ares Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Ares Capital Stock Down 0.2% Shares of NASDAQ:ARCC opened at $18.95 on Wednesday. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.40 and a quick ratio of 1.40. The firm has a market capitalization of $13.61 billion, a PE ratio of 11.63 and a beta of 0.56. The firm’s 50-day moving average is $18.66 and its two-hundred day moving average is $18.99. Ares Capital has a 1 year low of $17.40 and a 1 year high of $23.20.
Ares Capital Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.48 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.92 annualized dividend and a dividend yield of 10.1%. Ares Capital’s dividend payout ratio (DPR) is presently 117.79%.
Analyst Upgrades and Downgrades ARCC has been the subject of a number of research reports. JPMorgan Chase & Co. dropped their price objective on shares of Ares Capital from $19.00 to $18.50 and set an “overweight” rating for the company in a report on Thursday, July 2nd. Royal Bank Of Canada reduced their target price on shares of Ares Capital from $22.00 to $21.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Citizens Jmp decreased their price target on shares of Ares Capital from $23.00 to $22.00 and set a “market outperform” rating for the company in a research report on Wednesday, April 22nd. Truist Financial dropped their price target on shares of Ares Capital from $23.00 to $22.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Keefe, Bruyette & Woods cut their price objective on Ares Capital from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report on Thursday, April 16th. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ares Capital currently has an average rating of “Moderate Buy” and an average target price of $20.60.
Check Out Our Latest Research Report on ARCC
Hedge Funds Weigh In On Ares Capital A number of institutional investors and hedge funds have recently made changes to their positions in the stock. First Citizens Bank & Trust Co. grew its holdings in shares of Ares Capital by 5.3% during the fourth quarter. First Citizens Bank & Trust Co. now owns 10,530 shares of the investment management company’s stock worth $213,000 after purchasing an additional 532 shares during the last quarter. PCG Wealth Advisors LLC increased its position in shares of Ares Capital by 3.4% during the third quarter. PCG Wealth Advisors LLC now owns 19,282 shares of the investment management company’s stock worth $394,000 after purchasing an additional 643 shares in the last quarter. Navis Wealth Advisors LLC lifted its holdings in shares of Ares Capital by 2.3% in the 3rd quarter. Navis Wealth Advisors LLC now owns 28,104 shares of the investment management company’s stock valued at $574,000 after purchasing an additional 643 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Ares Capital by 2.1% in the 4th quarter. Empowered Funds LLC now owns 38,803 shares of the investment management company’s stock valued at $785,000 after purchasing an additional 780 shares during the last quarter. Finally, DCM Advisors LLC boosted its position in shares of Ares Capital by 4.0% in the 2nd quarter. DCM Advisors LLC now owns 23,348 shares of the investment management company’s stock valued at $471,000 after purchasing an additional 905 shares during the period. 27.38% of the stock is owned by institutional investors and hedge funds.
Ares Capital Company Profile (Get Free Report)
Ares Capital Corporation (NASDAQ: ARCC) is a publicly traded business development company (BDC) that specializes in providing debt and equity financing solutions to U.S. middle-market companies. As a BDC, Ares Capital offers investors access to a diversified portfolio of tailored credit investments, including senior secured loans, unitranche financing, mezzanine debt and equity co-investments. The firm’s flexible capital structures are designed to support companies seeking growth capital, refinancing or strategic acquisitions.
Through its credit platform, Ares Capital focuses on originations, underwriting and portfolio management across a range of industries, with a particular emphasis on sectors such as healthcare, technology, industrials and business services.
Featured Stories Five stocks we like better than Ares Capital Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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COLUMBUS, Ohio, July 22, 2026 (GLOBE NEWSWIRE) -- Root (NASDAQ: ROOT), the leading technology company in car insurance, today announced the launch of its mobile-first, behavior-based car insurance in New Jersey, marking its 37th state. This expansion allows Root to reach over 80% of the U.S. population as the company advances toward its goal of providing nationwide coverage in the contiguous U.S. by 2027.
By leveraging advanced mobile telematics, Root eliminates traditional friction in the insurance buying journey and rewards safe drivers in New Jersey. With more than 6.6 million eligible drivers in the state, motorists have the potential to save up to $1,300 annually.*
Expanded Footprint: Root Insurance is now available in 37 U.S. states, collectively representing over 80% of the total U.S. population.Behavior-Based Pricing: Rates are calculated primarily on actual driving performance, such as focused driving, smooth braking, and gentle turns.Significant Consumer Savings: Safe drivers in New Jersey can unlock potential annual savings of up to $1,300.*Seamless Digital Experience: Driver onboarding, customized coverage selection, policy management, and claims routing are handled entirely through Root’s mobile application. "Expanding to New Jersey is a massive milestone in our state expansion strategy as we accelerate toward our goal of coverage in the contiguous U.S. by 2027," said Alex Timm, Founder and CEO of Root. "By entering the Garden State, we're expanding our reach to a market historically characterized by limited consumer choice. Our ability to scale our behavioral pricing model demonstrates the efficiency of our technology and positions us to capture more market share."
How Root Insurance Works for New Jersey Drivers
Download and Onboarding: Drivers download the Root mobile app and sign up in minutes via the app or at joinroot.com.The Test Drive: The smartphone's sensors automatically measure real-time driving behaviors, analyzing individual risk signals to inform pricing.Personalized Quote: Safe driving habits are rewarded with lower rates, customizable coverage options, and a completely digital policy management experience.
Frequently Asked Questions
Is Root Insurance available in New Jersey?
Yes. Root offers its behavior-based auto insurance to drivers across New Jersey, bringing its availability to 37 U.S. states. To see where Root is available nationwide, visit joinroot.com/availability.
How does Root Insurance determine rates for New Jersey drivers?
Root uses data science and mobile technology to measure actual driving behavior. Rates are personalized based on driving performance metrics, including focused driving, smooth braking, and gentle turning habits.
How much can you save with Root Insurance in New Jersey?
Safe drivers who switch to Root Insurance can save up to $1,300 annually, depending on their test-drive results and chosen coverage levels.*
*Potential annual savings based on survey of actual customers who purchased a new Root policy between February 2025 - February 2026 and reported savings; changes in coverage levels not evaluated. Potential savings will vary.
About Root, Inc.
Founded in 2015 and based in Columbus, Ohio, Root, Inc. (NASDAQ: ROOT) is the parent company of Root Insurance Company. Root is revolutionizing insurance through data science and technology to provide consumers a personalized, easy, and fair experience. The Root mobile app has reached more than 17 million downloads and has analyzed more than 36 billion miles of driving data to deliver fair, telematics-based pricing.
For more information, visit root.com.
Root is headquartered in Columbus, Ohio, and offers auto insurance to drivers in Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Mexico, Nevada, New Jersey, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, and Wisconsin. Root Insurance also offers renters insurance in Arkansas, Georgia, Kentucky, Missouri, Nevada, New Mexico, Ohio, Tennessee, and Utah. Auto insurance is underwritten by Root Property & Casualty in New Jersey.
Root Inc, Forward-Looking Statements
This press release contains forward-looking statements within the meaning of federal securities laws regarding Root, Inc. These forward-looking statements relate to, among other things, expectations about our future business results, the success of our business in New Jersey, and our ability to complete our expansion into the contiguous U.S. by year-end 2027. Such forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond the company's control and are difficult to predict. We have based our forward-looking statements on our current expectations, estimates, and projections about our industry and our company. We caution that these statements are not guarantees of future performance and you should not rely unduly on them, as they involve risks, uncertainties, and assumptions that we cannot predict. Accordingly, our actual results may differ materially from the future performance that we have expressed or forecast. In accordance with "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, we have included in Root's Form 10-K for the year ended Dec. 31, 2025, and other SEC filings, cautionary language identifying important factors that could cause future outcomes to differ materially from those set forth in the forward-looking statements. Copies of Root's Form 10-K and other SEC filings are available on the SEC's website, Root's website at ir.joinroot.com/investor-relations, or by contacting Root's Investor Relations office.
Kuwait Oil Company udělila Halliburtonu víceletou smlouvu na rozvoj Ahmadi Innovation Valley, centra pro vývoj technologií a R&D v kuvajtském energetickém sektoru.
HOUSTON--(BUSINESS WIRE)--Kuwait Oil Company (KOC) awarded Halliburton (NYSE: HAL) a multi-year agreement to support the development of the Ahmadi Innovation Valley (AIV), a flagship initiative that advances Kuwait’s energy sector transformation.
The research and development (R&D) center will support KOC to deliver solutions in brownfield, greenfield, and unconventional fields, address higher operational complexity, and build technology designed for Kuwait’s upstream challenges. The center embeds applied research as a permanent capability from concept through prototyping, piloting, and commercialization.
This award builds on the established presence of Halliburton in Kuwait. Halliburton will deploy key technologies to execute a tailored program of projects and engineered solutions. Digital capabilities are central to the program, through the application of data, scientific analysis, and artificial intelligence for the full field lifecycle.
This approach will help KOC make faster decisions with confidence, improve asset performance, and align teams. The projects support KOC asset needs and build in-country capability for long-term growth.
“This award reflects the depth of the long-term collaboration with KOC and the shared focus on advancing technology development in Kuwait’s energy sector,” said Jeff Miller, Halliburton chairman, president, and CEO. “We collaborate and engineer solutions to maximize asset value for our customers. The upstream R&D center demonstrates this approach in action. We combine global expertise, digital capabilities, and in-country presence to address Kuwait’s unique upstream challenges.”
The AIV program represents a strategic national asset and marks a shift from traditional field services to the co-creation of technology and innovation. It further demonstrates KOC’s vision to make innovation a permanent foundation of Kuwait’s energy sector and positions the center as a platform for applied research and upstream technology development.
About Halliburton
Halliburton is one of the world's leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at www.halliburton.com; connect with us on LinkedIn, YouTube, Instagram, and Facebook.
Workday globálně spustil Workday Learning powered by Sana, AI nativní vzdělávací řešení pro personalizované školení, tvorbu kurzů a automatizaci learningových operací. Pro zákazníky Workday HCM je nyní obecně dostupné.
New Solution Combines Workday Learning and Sana Learn to Deliver Personalized AI Tutoring, Interactive Course Creation, and Automated Learning Operations
, /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), the enterprise AI platform for HR, finance, and IT, today announced the general availability of Workday Learning, powered by Sana. The solution combines Workday's trusted people and skills data with Sana's AI-native learning experience, so organizations can deliver personalized training grounded in the workforce data they already trust.
Combining Workday's trusted people and skills data with Sana's AI-native learning experience. As organizations race to become AI‑ready, many learning teams are still constrained by fragmented systems, manual workflows, and generic courses that can't keep up with the pace of change. When training is generic and irrelevant, employees find ways to route around it, and completion rates say little about real capability. Organizations need learning that is personalized, dynamic, and engaging enough that employees want to use it – while giving learning teams a faster way to create, update, translate, and manage programs.
Workday Learning, powered by Sana, brings AI into each part of the learning experience. Learners get a personal tutor that coaches them through complex material, breaks down difficult concepts into practical guidance, and recommends what to learn next. Creators use AI to turn existing, static material into engaging, interactive learning experiences, while reducing the time it takes to create, update, and translate courses for global audiences. Administrators get AI‑powered automation for assignments, campaigns, and other key learning tasks, helping Learning and Development (L&D) teams spend less time managing processes and more time shaping strategy and business impact.
"Checking the box isn't the same as building a skill," said Joel Hellermark, chief AI officer, Workday. "With a personal AI tutor, interactive quizzes, and learning tailored to each employee's role and skills, Workday Learning, powered by Sana, turns required training into engaging experiences employees can apply in their day-to-day work."
Learning That Meets Employees Where They Work
With Workday Learning, powered by Sana, learning feels like a natural part of the workday rather than a separate task. Embedded in the learning experience, a personal AI tutor gives employees in-the-moment support tailored to their role, skills, and goals. Employees can ask questions in natural language, get clear, actionable explanations tied to the material in front of them, practice new skills, and receive feedback in the format that works best for them. The solution also recommends personalized learning paths that help employees build the skills they need for their current role and what comes next.
Smart search helps employees find specific answers instead of digging through long modules. A question like "How do I handle a customer data request in Germany?" can surface a relevant lesson or policy explanation for that scenario, rather than requiring the learner to click through multiple generic compliance courses.
Because recommendations are informed by Workday Human Capital Management (HCM) data, including an employee's role, skills, organization, and location, employees see learning paths that reflect their actual context. For example, a manager who moves to a new region can be directed to relevant local policies and leadership resources, while an employee building skills for a new role can receive recommendations aligned to that role's requirements. Courses can also include interactive elements like quizzes, polls, and reflection prompts to help employees check their understanding as they go, turning learning from a one‑off event into an ongoing, adaptive experience.
From Blank Page to Live Course in Hours, Not Weeks
For instructional designers, L&D teams, and subject‑matter experts, Workday Learning, powered by Sana, is built to remove the production bottlenecks that slow learning down. Instead of starting from a blank slide deck, teams can upload existing PDFs, presentations, or other online course files and have them converted into structured, interactive courses in minutes.
The AI-powered editor helps teams transform static source material into engaging, interactive learning experiences. It proposes outlines, learning objectives, knowledge checks, and interactive elements that authors can review and adjust. An integrated writing assistant helps handle everyday tasks like drafting lesson text, simplifying long policies into learner‑friendly explanations, generating quiz questions, and adapting content for different roles or regions.
Built-in translation capabilities allow teams to localize courses into dozens of languages from the same source, helping global organizations roll out programs simultaneously across markets instead of in slow, sequential waves. Multiple contributors can work together in real time on the same course, simplifying reviews across learning, compliance, and business stakeholders.
Organizations using these AI‑powered authoring capabilities have reported reductions of up to 98% in content creation time for many learning programs, moving from multi‑week production cycles to hours and allowing teams to keep content aligned with fast‑changing regulations, products, and skills needs.
One Place to Run Learning Operations
For learning administrators and HR teams, Workday Learning, powered by Sana, provides one place to manage assignments, campaigns, reporting, and controls across both Workday‑native and Sana‑created content.
Learning paths update automatically when employees join, change roles, or move regions, reducing the amount of time administrators spend on manual list building for compliance, onboarding, and skills programs.
Because learning data sits alongside HR data in Workday, leaders and administrators can track how programs relate to outcomes like skills development, internal mobility, performance, and retention – not just completion rates. A safety program, for example, can be evaluated not only by completion rates but also in relation to incident data for specific regions.
Customers using these capabilities have seen learning operations move from reactive to proactive – with some reporting up to five times faster compliance reporting, three times higher learner engagement compared to legacy learning systems, and significant time savings for administrators and learning teams.
Customers Are Reshaping How Learning Gets Done
"At The Josh Bersin Company, we shifted our learning business to an AI-first model using Sana, moving thousands of learners into an interactive, always-on environment and converting a large library of programs into interactive courses in months rather than years," said Josh Bersin, global industry analyst and CEO of The Josh Bersin Company. "Now integrated into Workday Learning, Sana gives companies an extraordinary opportunity to modernize large learning libraries into AI-fueled personal experiences and maintain enterprise governance standards."
"At Accenture, reinvention is powered by continuous learning and the ability to build skills at speed and at scale," said Colin Anderson, chief operating officer, HR at Accenture. "We're evolving our learning ecosystem to be more intelligent, personalized, and aligned to the changing needs of our clients. Workday Learning, powered by Sana, is an important part of that journey and builds on top of the Accenture LearnVantage foundation—helping us deliver more adaptive, AI-enabled experiences that accelerate capability building across our workforce."
Availability
Workday Learning, powered by Sana, is now generally available globally as an integrated learning solution for Workday HCM customers. For organizations that do not use Workday HCM or Workday Financial Management, Sana Learn is available as a standalone offering. Existing guidance for Workday Learning will continue to apply in environments where Sana components cannot yet be used, including certain regulated and sovereign deployments.
For More Information
Join the webinar to see how Accenture will revamp its global learning program with Workday Learning, powered by Sana. Read the blog to learn how Workday used Sana Learn to improve L&D efficiency. Download the e-book to explore the new agentic operating model for L&D. About Workday
Workday operates at the heart of the enterprise – HR, finance, and IT – where the margin for error is effectively zero. By tightly coupling AI with the context, guardrails, and trusted processes that run the business, Workday goes beyond AI that assists work to agents that do the work and drive measurable outcomes. More than 11,500 organizations worldwide, including more than 65% of the Fortune 500, trust Workday to deliver. For more information about Workday, visit workday.com.
This press release contains forward-looking statements including, among other things, statements regarding Workday's plans, beliefs, and expectations. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission ("SEC"), including our most recent report on Form 10-Q or Form 10-K and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by law.
Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently generally available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available.
Andra AP fonden v 1. čtvrtletí zvýšil podíl v Dell Technologies o 90,8 % na 74 268 akcií po nákupu dalších 35 335 kusů. Hodnota podílu činila 12,19 milionu USD.
Andra AP fonden lifted its stake in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) by 90.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 74,268 shares of the technology company’s stock after buying an additional 35,335 shares during the period. Andra AP fonden’s holdings in Dell Technologies were worth $12,190,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of DELL. Cassaday & Co Wealth Management LLC acquired a new position in Dell Technologies during the 1st quarter worth about $169,000. MWA Asset Management raised its holdings in Dell Technologies by 1.8% during the 1st quarter. MWA Asset Management now owns 23,533 shares of the technology company’s stock worth $3,862,000 after purchasing an additional 409 shares during the last quarter. Convergence Investment Partners LLC raised its holdings in Dell Technologies by 237.5% during the 1st quarter. Convergence Investment Partners LLC now owns 44,982 shares of the technology company’s stock worth $7,383,000 after purchasing an additional 31,653 shares during the last quarter. Kapitalo Investimentos Ltda acquired a new position in shares of Dell Technologies in the 1st quarter worth approximately $1,018,000. Finally, Alta Advisers Ltd bought a new stake in shares of Dell Technologies in the 1st quarter valued at $202,000. Institutional investors and hedge funds own 76.37% of the company’s stock.
Analyst Upgrades and Downgrades Several equities research analysts recently commented on the company. Argus raised their target price on Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Guggenheim upgraded Dell Technologies to a “buy” rating in a report on Monday, June 1st. Loop Capital raised their price objective on shares of Dell Technologies from $150.00 to $550.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Finally, UBS Group set a $700.00 target price on shares of Dell Technologies in a research note on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $492.76.
Check Out Our Latest Analysis on Dell Technologies
Trending Headlines about Dell Technologies Here are the key news stories impacting Dell Technologies this week:
Positive Sentiment: Shares moved higher after Super Micro Computer’s preliminary results showed booming margins and strong orders, which traders viewed as a positive read-through for Dell’s AI server demand. Super Micro Soars Late On Booming Margins, Orders; Dell, HP Enterprise Also Rally Positive Sentiment: Market commentary from Jim Cramer flagged Dell as a likely next winner after SMCI’s results, reinforcing the bullish AI-demand narrative around Dell Technologies. QUICK SPARK: Jim Cramer Flags Dell as the Next Winner After SMCI Preliminary Results Positive Sentiment: Analysts and market reports noted Dell was rallying alongside other AI hardware names as the Nasdaq rebounded, suggesting broad sector strength is helping support the stock. Super Micro Jumps 6%, Dell Climbs 7%, HPE Rises 5% as AI Hardware Rebounds With the Nasdaq Neutral Sentiment: Several articles highlighted Dell as a trending AI-PC and enterprise hardware stock, but these pieces were more commentary than fresh company-specific catalysts. Dell Technologies Inc. (DELL) Is a Trending Stock: Facts to Know Before Betting on It Negative Sentiment: Dell also saw a prior-day pullback, with reports saying the stock underperformed the broader market, which may have set up the stronger rebound seen today. Here’s Why Dell Technologies (DELL) Fell More Than Broader Market Insider Activity In other news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $457.99, for a total transaction of $86,928,791.95. Following the completion of the transaction, the director directly owned 24,287 shares of the company’s stock, valued at $11,123,203.13. This represents a 88.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Spv-2 L.P. Sl sold 175,901 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction of $80,560,898.99. Following the sale, the director owned 36,659 shares of the company’s stock, valued at approximately $16,789,455.41. The trade was a 82.75% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 3,434,758 shares of company stock valued at $1,448,870,683. 41.50% of the stock is owned by company insiders.
Dell Technologies Trading Up 5.7% Shares of NYSE:DELL opened at $403.55 on Wednesday. The stock has a market cap of $261.54 billion, a PE ratio of 32.05, a price-to-earnings-growth ratio of 0.82 and a beta of 1.31. The stock’s fifty day simple moving average is $378.67 and its two-hundred day simple moving average is $233.13. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $469.47.
Dell Technologies (NYSE:DELL – Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The business had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. During the same period in the prior year, the firm posted $1.55 EPS. The firm’s quarterly revenue was up 87.5% compared to the same quarter last year. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. On average, sell-side analysts forecast that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.
Dell Technologies Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be given a dividend of $0.63 per share. The ex-dividend date is Tuesday, July 21st. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies’s dividend payout ratio is presently 20.02%.
About Dell Technologies (Free Report)
Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.
Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.
See Also Five stocks we like better than Dell Technologies Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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Alesco Advisors LLC nově ve 1. čtvrtletí koupila 2 884 akcií Applied Materials za zhruba 986 000 USD. Institucionální investoři drží 80,56 % akcií společnosti.
Alesco Advisors LLC An ESL Co acquired a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,884 shares of the manufacturing equipment provider’s stock, valued at approximately $986,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Insight Advisors LLC PA acquired a new position in Applied Materials during the 1st quarter worth approximately $253,000. Saturna Capital Corp grew its stake in Applied Materials by 34.2% in the first quarter. Saturna Capital Corp now owns 1,590 shares of the manufacturing equipment provider’s stock valued at $543,000 after acquiring an additional 405 shares during the period. Danica Pension Livsforsikringsaktieselskab increased its holdings in shares of Applied Materials by 0.7% during the first quarter. Danica Pension Livsforsikringsaktieselskab now owns 78,906 shares of the manufacturing equipment provider’s stock valued at $26,969,000 after acquiring an additional 576 shares in the last quarter. ABN Amro Investment Solutions raised its position in shares of Applied Materials by 33.3% during the first quarter. ABN Amro Investment Solutions now owns 438,392 shares of the manufacturing equipment provider’s stock worth $149,838,000 after purchasing an additional 109,506 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in Applied Materials by 13.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 567,604 shares of the manufacturing equipment provider’s stock valued at $194,001,000 after purchasing an additional 69,366 shares during the period. Institutional investors own 80.56% of the company’s stock.
Wall Street Analysts Forecast Growth A number of research analysts have weighed in on AMAT shares. Wolfe Research raised their price objective on shares of Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Mizuho increased their price target on Applied Materials from $540.00 to $650.00 and gave the company an “outperform” rating in a research report on Wednesday, July 8th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Applied Materials in a report on Wednesday, June 24th. Susquehanna upped their target price on Applied Materials from $575.00 to $900.00 and gave the company a “positive” rating in a report on Tuesday, June 30th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $525.00 price target on shares of Applied Materials in a report on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Applied Materials presently has an average rating of “Moderate Buy” and a consensus target price of $593.84.
Read Our Latest Research Report on AMAT
Insider Activity In other news, SVP Timothy M. Deane sold 8,621 shares of Applied Materials stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the completion of the sale, the senior vice president owned 134,631 shares in the company, valued at approximately $79,534,609.56. This trade represents a 6.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Omkaram Nalamasu sold 24,263 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the completion of the transaction, the senior vice president directly owned 146,916 shares in the company, valued at $87,184,361.88. The trade was a 14.17% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 278,088 shares of company stock worth $169,654,805. Company insiders own 0.30% of the company’s stock.
Key Applied Materials News Here are the key news stories impacting Applied Materials this week:
Positive Sentiment: Peer Taiwan Semiconductor Manufacturing announced plans to raise chipmaking prices by up to 10% in 2027, while wafer supplier IQE lifted guidance, reinforcing expectations for strong AI and data-center chip demand and more equipment spending across the semiconductor supply chain. Why Applied Materials (AMAT) Stock Is Up Today Positive Sentiment: Applied Materials’ installed base services business appears to be a growing recurring-revenue engine, with Applied Global Services revenue rising to $1.665 billion from $1.42 billion a year earlier as fab utilization improves. Is AMAT’s Installed Base Business Built for Long-Term Growth? Positive Sentiment: Industry commentary continues to point to AI-driven semiconductor growth as a tailwind for AMAT, with analysts highlighting the company as a beneficiary of sustained demand for advanced chips and manufacturing equipment. 3 Stocks to Buy From the Prospering Semiconductor Industry Neutral Sentiment: Applied Materials also joined CuspAI’s AI Materials Foundry as a founding member, a strategic move that could support long-term materials discovery efforts, though it is not an immediate earnings catalyst. Applied Materials (AMAT) Joins CuspAI Foundry To Speed Semiconductor Materials Discovery Negative Sentiment: Some market commentary flagged seasonal weakness for AMAT heading into late July, which could temper momentum if investors focus on near-term trading patterns. Three Stocks Just Flashed Seasonal Signals Applied Materials Stock Performance NASDAQ:AMAT opened at $564.55 on Wednesday. The business’s fifty day moving average is $537.43 and its 200 day moving average is $418.14. The firm has a market cap of $448.23 billion, a price-to-earnings ratio of 53.01, a PEG ratio of 1.34 and a beta of 1.57. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. Applied Materials, Inc. has a 52-week low of $154.46 and a 52-week high of $739.67.
Applied Materials (NASDAQ:AMAT – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The company had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. During the same period last year, the business earned $2.39 earnings per share. Applied Materials’s revenue was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Research analysts predict that Applied Materials, Inc. will post 12.14 EPS for the current year.
Applied Materials Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio (DPR) is presently 19.91%.
Applied Materials Company Profile (Free Report)
Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.
Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.
Further Reading Five stocks we like better than Applied Materials Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding AMAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Applied Materials, Inc. (NASDAQ:AMAT – Free Report).
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Divize Arvest Bank Trust v 1. čtvrtletí snížila podíl v Applied Materials o 39,3 % a prodala 14 870 akcií. Po prodeji držela 22 931 akcií v hodnotě 7,838 milionu USD.
Arvest Bank Trust Division cut its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 39.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,931 shares of the manufacturing equipment provider’s stock after selling 14,870 shares during the period. Arvest Bank Trust Division’s holdings in Applied Materials were worth $7,838,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Evolve Private Wealth LLC grew its holdings in shares of Applied Materials by 59.0% in the first quarter. Evolve Private Wealth LLC now owns 2,875 shares of the manufacturing equipment provider’s stock valued at $983,000 after acquiring an additional 1,067 shares in the last quarter. Worth Asset Management LLC bought a new stake in shares of Applied Materials in the fourth quarter valued at $1,531,000. World Investment Advisors raised its stake in Applied Materials by 4.5% in the 4th quarter. World Investment Advisors now owns 82,296 shares of the manufacturing equipment provider’s stock valued at $21,149,000 after acquiring an additional 3,508 shares during the period. WealthPlan Investment Management LLC bought a new stake in Applied Materials in the 4th quarter valued at about $1,082,000. Finally, Baker Chad R lifted its holdings in Applied Materials by 76.6% during the fourth quarter. Baker Chad R now owns 16,530 shares of the manufacturing equipment provider’s stock valued at $4,297,000 after purchasing an additional 7,170 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.
Trending Headlines about Applied Materials Here are the key news stories impacting Applied Materials this week:
Positive Sentiment: Peer Taiwan Semiconductor Manufacturing announced plans to raise chipmaking prices by up to 10% in 2027, while wafer supplier IQE lifted guidance, reinforcing expectations for strong AI and data-center chip demand and more equipment spending across the semiconductor supply chain. Why Applied Materials (AMAT) Stock Is Up Today Positive Sentiment: Applied Materials’ installed base services business appears to be a growing recurring-revenue engine, with Applied Global Services revenue rising to $1.665 billion from $1.42 billion a year earlier as fab utilization improves. Is AMAT’s Installed Base Business Built for Long-Term Growth? Positive Sentiment: Industry commentary continues to point to AI-driven semiconductor growth as a tailwind for AMAT, with analysts highlighting the company as a beneficiary of sustained demand for advanced chips and manufacturing equipment. 3 Stocks to Buy From the Prospering Semiconductor Industry Neutral Sentiment: Applied Materials also joined CuspAI’s AI Materials Foundry as a founding member, a strategic move that could support long-term materials discovery efforts, though it is not an immediate earnings catalyst. Applied Materials (AMAT) Joins CuspAI Foundry To Speed Semiconductor Materials Discovery Negative Sentiment: Some market commentary flagged seasonal weakness for AMAT heading into late July, which could temper momentum if investors focus on near-term trading patterns. Three Stocks Just Flashed Seasonal Signals Wall Street Analysts Forecast Growth AMAT has been the subject of several recent research reports. Cantor Fitzgerald lifted their target price on shares of Applied Materials from $650.00 to $850.00 and gave the stock an “overweight” rating in a research note on Monday, June 29th. Barclays lifted their target price on Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a report on Thursday, June 11th. Royal Bank Of Canada boosted their price target on shares of Applied Materials from $500.00 to $520.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Zacks Research upgraded Applied Materials from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 1st. Finally, Wolfe Research boosted their price objective on Applied Materials from $500.00 to $550.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $593.84.
Check Out Our Latest Report on Applied Materials
Insider Activity In other Applied Materials news, insider Prabu G. Raja sold 10,000 shares of the stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $633.53, for a total value of $6,335,300.00. Following the completion of the transaction, the insider owned 346,642 shares in the company, valued at approximately $219,608,106.26. This represents a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Thomas J. Iannotti sold 9,250 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total value of $5,547,872.50. Following the transaction, the director directly owned 40,559 shares of the company’s stock, valued at $24,326,071.43. This represents a 18.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 278,088 shares of company stock worth $169,654,805. 0.30% of the stock is owned by company insiders.
Applied Materials Price Performance AMAT opened at $564.55 on Wednesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. The stock’s 50 day simple moving average is $537.43 and its 200 day simple moving average is $418.14. The firm has a market cap of $448.23 billion, a price-to-earnings ratio of 53.01, a PEG ratio of 1.34 and a beta of 1.57. Applied Materials, Inc. has a 1 year low of $154.46 and a 1 year high of $739.67.
Applied Materials (NASDAQ:AMAT – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. During the same quarter in the prior year, the firm posted $2.39 earnings per share. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, analysts predict that Applied Materials, Inc. will post 12.14 earnings per share for the current year.
Applied Materials Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is currently 19.91%.
Applied Materials Profile (Free Report)
Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.
Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.
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Wellington, Vanguard a Blackstone spustily dva nové fondy, které mají investorům zjednodušit přístup ke kombinaci veřejných a soukromých trhů. První z nich bude dostupný klientům Merrill a Bank of America Private Bank.
BOSTON & VALLEY FORGE, Pa. & NEW YORK--(BUSINESS WIRE)--Wellington Management (“Wellington”), Vanguard, and Blackstone (NYSE: BX) today announced the launch of two new investment solutions created as part of their recently formed strategic alliance and designed to give eligible investors simplified access to professionally managed portfolios that combine public and private markets.
WVB All Markets Fund, a multi-asset solution for investors who want to simplify the integration of public and private markets. The fund will integrate Wellington’s expertise in active public equities, Vanguard’s strengths in active fixed income and index strategies, with exposure to Blackstone’s leading perpetual private markets platform. The fund will trade under the tickers WVBIX, WVBAX, and WVBMX. WVB Blackstone All Privates Fund, a professionally managed solution providing a simple access point to Blackstone’s leading perpetual private markets platform, including private equity, private infrastructure, private real estate, and private credit in a single allocation. The new closed-end funds will be available at launch to Merrill and Bank of America Private Bank clients, providing advisors on one of the industry’s leading wealth management platforms with access to the first solutions from the strategic alliance. The alliance also anticipates broad participation and adoption from the RIA community, and will explore additional distribution opportunities across the wealth ecosystem over time.
The solutions aim to help advisors build more diversified portfolios for high-net-worth and mass-affluent clients in a simplified investment framework. The funds are intended to help advisors construct long-term portfolios that seek strong performance, long-term growth, and broad portfolio diversification.
A Powerful Alliance of Investment Leaders
The WVB All Markets Fund and WVB Blackstone All Privates Fund bring together:
Wellington’s nearly 100-year heritage of active management, fundamental research, and multi-asset allocation expertise; Vanguard’s 50-year legacy of delivering high-performing active strategies and index funds1 with a relentless focus on cost efficiency and investor outcomes; and Blackstone’s 40-year track record of cycle-tested performance and leadership position as the world’s largest alternative asset manager and number one provider of private markets solutions for individuals. Together, the firms are uniquely positioned to deliver integrated investment solutions that were historically available primarily to large institutions. To expand access to their collective strengths, Wellington, Vanguard, and Blackstone are actively exploring additional product structures to support retirement savers, financial advisors, and individual investors.
Mark Sutterlin, Head of Alternative Investments, Merrill and Bank of America Private Bank, said:
“Our clients are increasingly seeking broader access to private markets and for thoughtful ways to implement these strategies over time. Our scale and integrated platforms are expanding access to differentiated investment opportunities that can support more resilient long-term portfolios.”
Jean M. Hynes, CEO and Managing Partner, Wellington Management, said:
“The launch of the WVB All Markets and WVB Blackstone All Privates Funds reflects the strength of our strategic alliance with Vanguard and Blackstone. By combining our deep active management and asset allocation capabilities with Vanguard’s scale and expertise in fixed income and indexing and Blackstone’s leadership in private markets, we are delivering thoughtfully constructed solutions designed to meet investors’ evolving needs. We are particularly pleased to introduce these funds initially through the powerful Merrill and Bank of America Private Bank platforms.”
Greg Davis, President and CIO of Vanguard, said:
“For five decades, Vanguard has worked to improve investor outcomes through disciplined active management, low-cost index strategies, and a client-focused approach. Through this collaboration with Wellington and Blackstone, we are extending that mission into integrated public and private market solutions. Launching these funds with Bank of America Private Bank and Merrill is an important first step in expanding access to those solutions.”
Jon Gray, President and COO of Blackstone, said:
“Blackstone has delivered performance in private markets for individuals for more than two decades, helping them access the premium returns, lower volatility, and diversification that private markets can provide. These new solutions bring together the performance and scale of Blackstone’s private markets platform with the exceptional strengths of Wellington and Vanguard, creating simple and comprehensive access for advisors and their clients to help build long-term wealth.”
1 For the 10-year period ending June 30, 2026, 77% of Vanguard funds outperformed the average return of their peer group, or 260 of 336 Vanguard funds. Results will vary for other time periods. Only funds with a minimum ten-year history were included in the comparison. Source: LSEG Lipper. Note that the competitive performance data shown represent past performance, which is not a guarantee of future results, and that all investments are subject to risks. For the most recent performance, visit our website at www.vanguard.com/performance.
Wellington is the investment manager of the funds. Blackstone and Vanguard are not sponsors, promoters, investment advisers, sub-advisers, underwriters, or affiliates of the funds.
Investors should consider the investment objectives, risks, charges, and expenses carefully before investing in a Wellington fund. A prospectus containing this and other information about the Funds may be obtained by calling 888-287-3403 or by visiting http://www.wvbfunds.com/. Investors should read the prospectus carefully before investing.
Distributed by Foreside Fund Services, LLC. For US investors only.
About Wellington Management
Wellington Management is one of the world’s largest independent investment management firms, serving as a trusted adviser to over 2,500 clients in more than 60 countries. The firm manages more than US$1.35 trillion, as of April 30, 2026, for pensions, endowments and foundations, insurers, family offices, fund sponsors, global wealth managers, and other clients. Wellington aspires to provide excellent service to clients through a unique combination of independence enabled by its distinctive private partnership model, diverse perspectives through its unified, multi-asset investment platform, and relentless curiosity and intellectual rigor fostered by its enduring collaborative culture. For more information, visit wellington.com.
About Vanguard
Founded in 1975, Vanguard is one of the world's leading investment management companies. The firm offers investments, advice, and retirement services to tens of millions of individual investors around the globe—directly, through workplace plans, and through financial intermediaries. Vanguard operates under a unique, investor-owned structure and adheres to a simple purpose: to give investors the best chance for investment success. For more information, visit vanguard.com.
About Blackstone
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com.
Important disclosures
Wellington Management, Vanguard and Blackstone are not affiliated. The firms maintain a strategic alliance to deliver public-private investment solutions to investors. Statements in support of each party are made in this capacity and not as a current client or investor. While there is no direct compensation provided for these statements, each party has a conflict of interest in making statements in support of the other parties as a result of the firms’ alliance, including expense sharing thereunder.
All investing is subject to risk, including possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss. Private investments involve a high degree of risk and, therefore, should be undertaken only by prospective investors capable of evaluating and bearing the risks such an investment represents. Investors in private investments generally must meet certain minimum financial qualifications that may make it unsuitable for specific market participants.
An investment in the Funds involve a high degree of risk and other considerations and, therefore, should be undertaken only by investors capable of evaluating the risks of the Funds and bearing the risks they represent. Prospective investors should carefully consider the following factors, in addition to the matters set forth elsewhere in the prospectus, prior to investing in the Funds. Below is a summary of some of the risks of investing in the Funds. For a more complete discussion of the risks of investing in each Fund, see “Types of Investments and Related Risks.” in each Fund’s prospectus. Investors should consider carefully the following risks and those risks set forth in the “Types of Investments and Related Risks” section before investing in the Funds.
There is not expected to be any secondary trading market in either Fund’s Shares. Thus, an investment in the Funds may not be suitable for investors who may need the money they invest within a specified timeframe.
Unlike many closed-end funds, the Shares are not listed on any securities exchange. Liquidity for the Shares is expected to be provided only through quarterly tender or repurchase offers, as applicable, of the Shares at net asset value (“NAV”) per share. There is no guarantee that repurchases will occur or that an investor will be able to sell all the Shares that the investor desires to sell in a tender or repurchase offer, as applicable, nor will the Shares be exchangeable for shares of any other fund. Due to these restrictions, an investor should consider the Funds to offer limited liquidity. Investing in the Shares may be speculative and involves a high degree of risk, including the risks associated with leverage. Underlying Exposure to private markets, passively managed equities and public fixed income assets shall be obtained through allocations of the Funds’ assets by the Adviser to investment vehicles (each, an “Underlying Fund”) managed by affiliates of Blackstone Inc. (together with its affiliates, “Blackstone”) or by The Vanguard Group, Inc. or its affiliates (together with its affiliates, “Vanguard”), as applicable. Interests in certain Underlying Funds are illiquid and may only be redeemed during periodic repurchase offers pursuant to which such Underlying Funds repurchase limited amounts of their outstanding shares at the Underlying Fund’s discretion. An Underlying Fund may accept less than the amount of Underlying Fund shares that the Fund tenders in a repurchase offer. There is no regular market for interests in such Underlying Funds, which typically must be sold in privately negotiated transactions. Any such sales would likely require the consent of the Underlying Fund’s manager and could occur at a discount to the stated NAV. If the Advisor determines to cause the Fund to sell its interest in an Underlying Fund, the Fund may be unable to sell such interest quickly, if at all, and could therefore be obligated to continue to hold such interest for an extended period of time, or to accept a lower price for a more expeditious sale. This document may contain certain statements deemed to be forward-looking statements. All statements, other than historical facts, contained within this document that address activities, events or developments that Wellington Management expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions and analyses made by Wellington Management in light of its experience and perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances, many of which are detailed herein. Such statements are subject to a number of assumptions, risks, uncertainties, many of which are beyond Wellington Management's control. Please note that any such statements are not guarantees of any future performance and that actual results or developments may differ materially from those projected in the forward-looking statements.
ARRAY Technologies představila novou 60° variantu trackeru DuraTrack, která má snižovat riziko krupobití a kapitálové náklady. K dispozici k nabídce bude v roce 2026, dodávky se očekávají v polovině roku 2027.
ALBUQUERQUE, N.M., July 22, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, today announced a new 60-degree variant of its trusted ARRAY DuraTrack® platform. Designed to effectively mitigate hail risk while reducing capital expenditures, the new solar tracker builds on the exceptional hail alert response and patented passive wind stow reliability of the DuraTrack platform and further strengthens the breadth of ARRAY's portfolio of tracker solutions.
As developers and insurers seek practical ways to balance project economics with extreme weather resilience, demand is growing for tracking solutions that effectively mitigate hail risk without significantly increasing capital costs. ARRAY is addressing this need with the 60-degree DuraTrack variant, developed with input and feedback from customers and insurance stakeholders.
Combining a 60-degree stow angle with ARRAY SmarTrack® software suite, including Hail Alert Response technology, this system delivers an effective balance of cost, risk mitigation, and performance for projects in moderate hail risk regions. The 60-degree variant also carries forward the wired AC motor and wired communications architecture which dramatically differentiates the reliability of the DuraTrack product line and provides maximum dependability when hail approaches compared to systems relying on batteries and wireless communications. The new 60-degree variant also includes ARRAY Wind XP™ patented passive wind stow technology which minimizes unnecessary stow and sensor failure risk through ARRAY’s trusted mechanical stow solution.
This announcement comes as insurance leaders from 25+ companies convene for ARRAY’s third annual Insurance Forum in Boston, Massachusetts, which delves into ARRAY’s capabilities for mitigating the effects of severe weather and the tracker industry's essential role in reducing risk in the solar market.
“ARRAY is proud to offer trusted technology that mitigates the realities of severe weather demands while maximizing energy generating potential," said Nick Strevel, Chief Product Officer at ARRAY. “Adding a 60-degree tracker expands our existing portfolio to give our customers more options for resilient and reliable solutions in hail-prone regions, including Texas and the Great Plains.
Key Features and Availability
Leading Hail Resiliency: Designed to mitigate hail risk effectively, including through its compatibility with ARRAY’s Hail Alert Response software with 99%+ reliable stow execution rate.Lower Capital Expenditure: Reduces tracker and foundation costs compared to higher-angle trackers.Increased Reliability: Delivers more dependable stow behavior in adverse conditions through an AC grid-powered motor and wired communications compared to systems relying on battery power and wireless communications, which can be disrupted by extreme weather.Fewer Energy Losses: Reduces production losses by protecting only the rows that need it via ARRAY’s patented and DNV-validated WindXP passive stow technology, shown to offer an energy yield benefit of up to 4%Availability: Available to quote in 2026, with deliveries expected in mid-2027. About ARRAY Technologies
ARRAY Technologies (NASDAQ: ARRY) is a leading global provider of solar tracking technology and fixed-tilt systems to utility-scale and distributed generation customers who construct, develop, and operate solar photovoltaic sites. With solutions engineered to withstand harsh weather conditions, ARRAY’s high-quality solar trackers, fixed-tilt systems, software platforms, foundation solutions, and field services combine to maximize energy production and deliver value to our customers for the entire lifecycle of a project. Founded and headquartered in the United States, ARRAY is rooted in manufacturing and driven by technology – relying on its domestic manufacturing, diversified global supply chain, and customer-centric approach to design, deliver, commission, train, and support solar energy deployment around the world. For more news and information on ARRAY, please visit www.arraytechinc.com.
Forward Looking Statements
This press release contains forward-looking statements. These statements are not historical facts but rather are based on the Company's current expectations and projections regarding its business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would, “should,” “anticipate,” “designed,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward-looking statements. Forward-looking statements include, without limitation, statements regarding the expected performance and market adoption of the Company's recently launched products including the anticipated hail-mitigation effectiveness, cost and capital expenditure benefits, reliability advantages, and quoting and delivery timelines of the 60-degree DuraTrack variant; and the anticipated adoption of hail-mitigation technologies by insurers and other industry stakeholders. These statements are only predictions, and as such are not guarantees of future performance, and involve risks, uncertainties and assumptions that are difficult to predict. These risks, uncertainties, and assumptions include, without limitation: changes in demand for utility-scale solar projects domestically and internationally; delays in product availability or shipment including any delays affecting the anticipated quoting availability or delivery timeline for the 60-degree DuraTrack variant; actual field performance of the Company's products, including, without limitation the ability of the 60-degree DuraTrack to mitigate hail risk and to deliver stow behaviors that may differ from modeled or anticipated results, including with respect to hail resiliency, cost reduction, or reliability compared to DC battery-powered stow systems; macroeconomic conditions, trade policy changes, or supply chain disruptions affecting operations; changes in government policy or incentives supporting solar energy deployment; changes in insurer underwriting practices or the availability of financing tied to hail-mitigation performance; and reliance on third-party partners to perform their respective roles on schedule and to specification. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors. Forward-looking statements should be evaluated together with the risks and uncertainties that affect our business and operations, particularly those described in more detail in the Company's most recent Annual Report on Form 10-K and other documents on file with the SEC, each of which can be found on our website www.arraytechinc.com. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Travel + Leisure Co. (TNL - Free Report) came out with quarterly earnings of $1.88 per share, missing the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $1.65 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -2.59%. A quarter ago, it was expected that this company would post earnings of $1.31 per share when it actually produced earnings of $1.45, delivering a surprise of +10.69%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Travel Leisure Co., which belongs to the Zacks Leisure and Recreation Services industry, posted revenues of $1.06 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.56%. This compares to year-ago revenues of $1.02 billion. The company has topped consensus revenue estimates four 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.
Travel Leisure Co. shares have added about 4% since the beginning of the year versus the S&P 500's gain of 9.7%.
What's Next for Travel Leisure Co.?While Travel Leisure Co. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Travel Leisure Co. was favorable. 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 #1 (Strong Buy) for the stock. So, the shares are expected to outperform 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 $2.04 on $1.07 billion in revenues for the coming quarter and $7.50 on $4.12 billion 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, Leisure and Recreation Services is currently in the top 36% 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.
Airbnb, Inc. (ABNB - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.
This company is expected to post quarterly earnings of $1.20 per share in its upcoming report, which represents a year-over-year change of +16.5%. The consensus EPS estimate for the quarter has been revised 0.6% higher over the last 30 days to the current level.
Airbnb, Inc.'s revenues are expected to be $3.58 billion, up 15.6% from the year-ago quarter.
Otis Worldwide (OTIS - Free Report) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $1.05 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +1.00%. A quarter ago, it was expected that this company would post earnings of $0.91 per share when it actually produced earnings of $0.89, delivering a surprise of -2.2%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Otis Worldwide, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $3.86 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.71%. This compares to year-ago revenues of $3.6 billion. The company has topped consensus revenue estimates three 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.
Otis Worldwide shares have lost about 17.6% since the beginning of the year versus the S&P 500's gain of 9.7%.
What's Next for Otis Worldwide?While Otis Worldwide has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Otis Worldwide 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 $1.09 on $3.82 billion in revenues for the coming quarter and $4.16 on $15.06 billion 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, Manufacturing - General Industrial 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.
Xometry (XMTR - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 4.
This marketplace for on-demand manufacturing is expected to post quarterly earnings of $0.36 per share in its upcoming report, which represents a year-over-year change of +300%. The consensus EPS estimate for the quarter has been revised 350% higher over the last 30 days to the current level.
Xometry's revenues are expected to be $215.54 million, up 32.6% from the year-ago quarter.
California Public Employees Retirement System ve 1. čtvrtletí zvýšil podíl v KeyCorp o 4,7 % a nakoupil dalších 78 529 akcií. Po nákupu držel 1 766 616 akcií v hodnotě 35,421 milionu USD.
California Public Employees Retirement System boosted its position in shares of KeyCorp (NYSE:KEY – Free Report) by 4.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,766,616 shares of the financial services provider’s stock after purchasing an additional 78,529 shares during the quarter. California Public Employees Retirement System owned about 0.16% of KeyCorp worth $35,421,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. MCF Advisors LLC increased its holdings in shares of KeyCorp by 31.6% in the 4th quarter. MCF Advisors LLC now owns 1,898 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 456 shares during the period. Prime Capital Investment Advisors LLC raised its position in shares of KeyCorp by 1.7% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 28,498 shares of the financial services provider’s stock valued at $588,000 after purchasing an additional 486 shares during the last quarter. Harbour Investments Inc. raised its holdings in shares of KeyCorp by 19.0% in the fourth quarter. Harbour Investments Inc. now owns 3,180 shares of the financial services provider’s stock worth $66,000 after buying an additional 508 shares during the last quarter. Centennial Wealth Advisory LLC raised its stake in KeyCorp by 1.2% in the 4th quarter. Centennial Wealth Advisory LLC now owns 44,986 shares of the financial services provider’s stock worth $929,000 after acquiring an additional 524 shares during the last quarter. Finally, CoreCap Advisors LLC raised its stake in shares of KeyCorp by 4.6% in the fourth quarter. CoreCap Advisors LLC now owns 12,198 shares of the financial services provider’s stock worth $252,000 after purchasing an additional 539 shares during the last quarter. Hedge funds and other institutional investors own 79.69% of the company’s stock.
Wall Street Analyst Weigh In A number of research analysts recently issued reports on KEY shares. Wells Fargo & Company boosted their target price on shares of KeyCorp from $24.00 to $27.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Susquehanna lifted their price target on shares of KeyCorp from $300.00 to $415.00 and gave the company a “positive” rating in a research note on Monday, May 18th. Stephens started coverage on KeyCorp in a report on Monday, June 15th. They issued an “overweight” rating and a $26.00 price objective on the stock. Weiss Ratings raised shares of KeyCorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Finally, Royal Bank Of Canada upped their price target on KeyCorp from $22.00 to $24.00 and gave the company an “outperform” rating in a research report on Friday, April 17th. Thirteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $47.34.
View Our Latest Stock Report on KEY
Key KeyCorp News Here are the key news stories impacting KeyCorp this week:
Positive Sentiment: KeyCorp beat Q2 earnings estimates with adjusted EPS of $0.44, ahead of Wall Street’s $0.42 forecast, while revenue rose 6.7% year over year to $1.96 billion. KEYCORP REPORTS SECOND QUARTER 2026 NET INCOME OF $472 MILLION, OR $0.44 PER DILUTED COMMON SHARE INCREASING 26% YEAR-OVER-YEAR Positive Sentiment: Net interest income increased 9% year over year and 2% sequentially, and net interest margin edged up to 2.89%, showing improving core banking profitability. KEYCORP REPORTS SECOND QUARTER 2026 NET INCOME OF $472 MILLION, OR $0.44 PER DILUTED COMMON SHARE INCREASING 26% YEAR-OVER-YEAR Positive Sentiment: Management highlighted momentum in priority growth businesses, including a 9% quarter-over-quarter increase in investment banking pipelines and double-digit fee growth in commercial payments, supporting the outlook for continued growth. KeyCorp Expands US Middle Market Footprint and Targets European M&A Neutral Sentiment: The company reaffirmed its growth path in the earnings call, with analysts pointing to continued margin expansion and stronger fee income as key themes. KeyCorp (KEY) Q2 2026 Earnings Call Transcript Neutral Sentiment: KeyCorp also updated its FY2026 revenue guidance to $8.0 billion-$8.1 billion, broadly in line with consensus, which should keep investor focus on execution rather than a big change in outlook. Insider Buying and Selling at KeyCorp In other news, insider Angela G. Mago sold 22,826 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $21.66, for a total value of $494,411.16. Following the sale, the insider directly owned 281,564 shares in the company, valued at approximately $6,098,676.24. This trade represents a 7.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.56% of the company’s stock.
KeyCorp Price Performance Shares of KEY opened at $23.02 on Wednesday. KeyCorp has a 1-year low of $16.47 and a 1-year high of $24.07. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a 50-day simple moving average of $22.36 and a two-hundred day simple moving average of $21.56. The stock has a market cap of $24.85 billion, a PE ratio of 14.12, a P/E/G ratio of 0.73 and a beta of 1.02.
KeyCorp (NYSE:KEY – Get Free Report) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.02. The company had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.97 billion. KeyCorp had a return on equity of 10.80% and a net margin of 17.03%.The firm’s revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.35 earnings per share. As a group, analysts forecast that KeyCorp will post 1.82 EPS for the current year.
KeyCorp Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Tuesday, September 1st. KeyCorp’s dividend payout ratio is presently 50.31%.
KeyCorp announced that its board has initiated a stock buyback program on Wednesday, May 13th that permits the company to buyback $3.00 billion in shares. This buyback authorization permits the financial services provider to repurchase up to 13% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its shares are undervalued.
KeyCorp Profile (Free Report)
KeyCorp is a bank holding company headquartered in Cleveland, Ohio, that operates through its primary banking subsidiary, KeyBank. It provides a broad range of banking and financial services to individual consumers, small businesses, middle-market companies and large corporations. KeyBank’s offerings span traditional deposit and lending products as well as more specialized financial solutions designed for commercial and institutional clients.
The company’s product and service mix includes retail banking products such as checking and savings accounts, consumer and residential mortgage lending, and auto financing.
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zerohash a Marqeta oznámily partnerství, které umožní utrácet stablecoiny prostřednictvím globálních karetních sítí. Uživatelé budou moci platit digitálními dolarovými zůstatky u milionů obchodníků a obchodníci obdrží fiat.
Integration unlocks global stablecoin balances into everyday card spending experiences July 22, 2026 07:00 ET | Source: Zero Hash Holdings LLC
CHICAGO, July 22, 2026 (GLOBE NEWSWIRE) -- zerohash, a leading infrastructure platform powering crypto, stablecoin, and tokenized asset capabilities for financial institutions, and Marqeta, Inc. (NASDAQ: MQ), the modern card issuing platform, today announced they will collaborate to integrate zerohash’s stablecoin infrastructure into Marqeta’s flexible card issuing capabilities. The partnership will enable Marqeta customers to embed stablecoin payments directly into new and existing financial products without rebuilding core systems or taking on new regulatory burden.
The collaboration comes as stablecoin adoption accelerates across financial services. In February 2026 alone, stablecoin monthly transaction volume hit $7.2 trillion, surpassing the U.S. ACH network ($6.8 trillion) for the first time in history. On zerohash’s platform specifically, transaction volume grew 690% year-over-year in 2025, while transaction frequency was up 208%, underscoring significant growth as stablecoins become embedded in financial workflows. zerohash today supports instant global payouts for platforms including Gusto and Worldpay, as well as real-time account funding for Interactive Brokers, Kalshi, tastytrade, and more.
Marqeta has been a trusted partner for crypto-native companies, powering debit card offerings in the U.S. and Europe that enable users to spend in fiat currency based on crypto holdings and earn rewards back in crypto. The partnership will extend Marqeta’s capabilities, allowing both crypto and non-crypto companies to take advantage of the value of stablecoins through this integration. Marqeta’s platform processed nearly $400 billion of payments volume in 2025, while enabling innovative, global payment experiences across diverse use cases.
The partnership will let users spend digital dollar balances at tens of millions of merchants globally using a standard payment card. Merchants get paid in fiat currency, just as with any other card transaction. zerohash will provide the underlying infrastructure that handles custody, compliance and liquidity for onchain money custody and movement. Concurrently, Marqeta will manage card issuance, acceptance and bank and network relationships. Together, the integration will give platforms a faster, more flexible way to create spendability for stablecoins with real-time settlement and improved capital efficiency.
“Our customers are building the next generation of financial products, and that requires new ways to manage and move money,” said Anthony Peculic, Interim Chief Product Officer at Marqeta. “By integrating with zerohash, we will be able to give our customers a full solution to deliver multinational and stablecoin-backed card programs that meet the needs of their users, while also being compliant and ready for global scale.”
“Compatibility between stablecoins and traditional payment networks is a critical unlock for users’ onchain money, while also opening new opportunities for traditional businesses through stablecoin-backed cards,” said Edward Woodford, Founder & CEO of zerohash. “zerohash’s role is to abstract the complexity behind the scenes so stablecoins can be leveraged as a seamless part of everyday payments and money movement.”
About zerohash
zerohash is a leading infrastructure provider for crypto, stablecoin, and tokenized assets. Its API and embeddable dev-kit enable innovators to easily launch solutions across cross-border payments, commerce, trading, remittance, payroll, tokenization, and on/off-ramps. The company has a global regulatory footprint across the EU, Latin America, Australia, New Zealand, Bermuda, and the U.S., and operates regulated entities in 51 U.S. jurisdictions. For more information, visit zerohash.com.
Disclosures
zerohash services and product offerings may not be available in all jurisdictions. zerohash accounts are not subject to FDIC or SIPC protections, or any such equivalent protections that may exist outside of the US. zerohash's technical support and enablement of any asset is not an endorsement of such asset and is not a recommendation to buy, sell, or hold any crypto asset. zerohash is not registered with the SEC or FINRA. zerohash llc, NMLS ID #1699379, is licensed as a money transmitter, and zerohash llc and zerohash liquidity services llc are licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. For additional information please visit www.zerohash.com/disclosures.
About Marqeta, Inc.
Marqeta makes it possible for companies to build and embed financial services into their branded experience—and unlock new ways to grow their business and delight users. The Marqeta platform puts businesses in control of building financial solutions, enabling them to turn real-time data into personalized, optimized solutions for everything from consumer loyalty to capital efficiency. With compliance and security built-in, Marqeta’s platform has been proven at scale, processing nearly $400 billion in annual payments volume in 2025. Marqeta is certified to operate in more than 40 countries worldwide and counting. Visit www.marqeta.com to learn more.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements expressed or implied in this press release include, but are not limited to, quotations and statements relating to the planned partnership between zerohash and Marqeta, including the responsibilities of each party and of third-party beneficiaries of that partnership, the benefits of that partnership for each of zerohash and Marqeta, and the benefits of that partnership for the customers of each of zerohash and Marqeta; and statements made by each of zerohash’s and Marqeta’s senior leadership. In some cases, these forward-looking statements can be identified by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Actual results may differ materially from the expectations contained in these statements due to risks and uncertainties, including, but not limited to: any factors creating issues with changes in domestic and international business, market, financial, political and legal conditions; and those risks and uncertainties included in the “Risk Factors” disclosed in Marqeta's Annual Report on Form 10-K, as may be updated from time to time in Marqeta’s quarterly and periodic filings with the SEC, available at www.sec.gov and Marqeta’s website at http://investors.marqeta.com. The forward-looking statements in this press release are based on information available to Marqeta as of the date hereof. Marqeta disclaims any obligation to update any forward-looking statements, except as required by law.
RPM International (RPM - Free Report) came out with quarterly earnings of $1.89 per share, beating the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $1.72 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +2.72%. A quarter ago, it was expected that this specialty chemicals company would post earnings of $0.37 per share when it actually produced earnings of $0.57, delivering a surprise of +54.05%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
RPM International, which belongs to the Zacks Chemical - Specialty industry, posted revenues of $2.23 billion for the quarter ended May 2026, surpassing the Zacks Consensus Estimate by 2.06%. This compares to year-ago revenues of $2.08 billion. The company has topped consensus revenue estimates three 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.
RPM International shares have lost about 2.4% since the beginning of the year versus the S&P 500's gain of 9.7%.
What's Next for RPM International?While RPM International has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for RPM International was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.92 on $2.23 billion in revenues for the coming quarter and $5.94 on $8.23 billion 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, Chemical - Specialty is currently in the top 35% 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.
CSW Industrials (CSW - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 30.
This industrial products and coatings maker is expected to post quarterly earnings of $3.66 per share in its upcoming report, which represents a year-over-year change of +28.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
CSW Industrials' revenues are expected to be $340.56 million, up 29.2% from the year-ago quarter.
Eve Air Mobility uzavřela partnerství s FDOT na rozvoji Advanced Air Mobility na Floridě. Projekt v SunTrax Air má prověřit infrastrukturu, provoz i navigaci pro eVTOL.
Leveraging SunTrax Air's purpose-built testing environment, the initiative will help shape the infrastructure and operational framework needed to support Advanced Air Mobility and future commercial eVTOL operations.
, /PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX, EVEXW; B3: EVEB31), a global leader in eVTOL aircraft and integrated services, is announcing a partnership with the Florida Department of Transportation (FDOT) for a focused Advanced Air Mobility (AAM) initiative at SunTrax Air.
The FDOT-led initiative will bring together Eve's expertise in eVTOL aircraft, operations, and services with SunTrax Air's research, testing, and validation capabilities. The effort will focus on delivering insights into the infrastructure, operational procedures, and airspace navigation procedures needed to enable the safe and efficient integration of Advanced Air Mobility into Florida's transportation network.
"Florida recognizes its strategic role in the future of Advanced Air Mobility and is proactively building the ecosystem needed to support it," said Johann Bordais, chief executive officer of Eve Air Mobility. "Chief Will Watts and the FDOT team understand that successfully introducing a new mode of transportation requires alignment across aircraft, infrastructure, operations, and communities. Building on Embraer's longstanding relationship with the state, Eve is proud to bring its expertise to help advance Florida's vision and readiness for eVTOL operations."
Owned and operated by FDOT, SunTrax Air serves as Florida's dedicated Advanced Air Mobility research and development hub, providing a collaborative environment to evaluate technologies, operational concepts, and supporting infrastructure for next-generation aviation.
"This partnership is another step of forward-progress being made in Florida toward achieving the implementation of Advanced Air Mobility," said Jared W. Perdue, P.E., FDOT Secretary. "The unique resources and infrastructure found only at SunTrax will play a key role in Eve's research and testing needed to ensure the safe integration of Advanced Air Mobility into our transportation system."
The partnership builds on the growing relationship between Eve and FDOT. Through ongoing collaboration, the organizations will work to position Florida as a national leader in AAM. Using SunTrax Air's purpose-built research and testing environment, they will evaluate operational concepts, infrastructure readiness, passenger experience, and future ecosystem requirements, creating a foundation that supports Florida's long-term transportation strategy while helping accelerate the commercialization of Advanced Air Mobility.
About Eve Air Mobility
Eve Air Mobility is dedicated to accelerating the Urban Air Mobility (UAM) ecosystem. Benefitting from a start-up mindset, backed by Embraer's 56-year history of aerospace expertise, and with a singular focus, Eve is taking a holistic approach to progressing the UAM ecosystem, with an advanced eVTOL project, comprehensive global services and support network and a unique air traffic management solution. Eve is listed on the New York Stock Exchange (EVEX; EVEXW) and the São Paulo Stock Exchange (EVEB31), where its shares of common stock, public warrants and Brazilian Depository Receipts are traded. For more information, please visit www.eveairmobility.com
Image: FDOT at the Farnborough Air Show
Forward-Looking Statement Disclosure
Certain statements contained in this release are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as "may," "will," "expect," "intend," "anticipate," "believe," "estimate," "plan," "project," "could," "should," "would," "continue," "seek," "target," "guidance," "outlook," "if current trends continue," "optimistic," "forecast" and other similar words or expressions. All statements, other than statements of historical facts, are forward-looking statements, including, but not limited to, statements about the company's plans, objectives, expectations, outlooks, projections, intentions, estimates, and other statements of future events or conditions, including with respect to all companies or entities named within. These forward-looking statements are based on the company's current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain events to differ materially from the information in the forward-looking statements. These risks and uncertainties include, but are not limited to, those set forth herein as well as in Part I, Item 1A. Risk Factors and Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations of the company's most recent Annual Report on Form 10-K, Part I, Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations and Part II, Item 1A. Risk Factors of the company's most recent Quarterly Report on Form 10-Q, and other risks and uncertainties listed from time to time in the company's other filings with the Securities and Exchange Commission. Additionally, there may be other factors of which the company is not currently aware that may affect matters discussed in the forward-looking statements and may also cause actual results to differ materially from those discussed. The company does not assume any obligation to publicly update or supplement any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting these forward-looking statements. other than as required by law. Any forward-looking statements speak only as of the date hereof or as of the dates indicated in the statement.
California Public Employees Retirement System v 1. čtvrtletí snížil podíl v The Ensign Group o 7,5 % a prodal 10 863 akcií. Po prodeji držel 134 667 akcií v hodnotě 27,135 milionu USD.
California Public Employees Retirement System trimmed its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG – Free Report) by 7.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 134,667 shares of the company’s stock after selling 10,863 shares during the quarter. California Public Employees Retirement System owned 0.23% of The Ensign Group worth $27,135,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Mitsubishi UFJ Trust & Banking Corp increased its position in shares of The Ensign Group by 52.5% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 54,336 shares of the company’s stock valued at $9,465,000 after purchasing an additional 18,699 shares during the last quarter. Cypress Wealth Services LLC purchased a new position in shares of The Ensign Group in the 4th quarter worth about $1,508,000. SG Americas Securities LLC boosted its holdings in shares of The Ensign Group by 70.2% in the 4th quarter. SG Americas Securities LLC now owns 38,029 shares of the company’s stock worth $6,625,000 after buying an additional 15,683 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in The Ensign Group by 8.4% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 163,131 shares of the company’s stock valued at $28,417,000 after buying an additional 12,602 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its position in The Ensign Group by 14.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 129,756 shares of the company’s stock valued at $22,567,000 after buying an additional 16,853 shares during the period. 96.12% of the stock is currently owned by institutional investors.
Insider Activity In other news, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total value of $114,996.00. Following the sale, the director owned 21,352 shares of the company’s stock, valued at $3,507,706.56. The trade was a 3.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is currently owned by company insiders.
Analysts Set New Price Targets A number of research firms recently issued reports on ENSG. Truist Financial decreased their price objective on shares of The Ensign Group from $215.00 to $202.00 and set a “hold” rating for the company in a report on Tuesday, July 14th. Wall Street Zen raised shares of The Ensign Group from a “hold” rating to a “buy” rating in a research report on Sunday, June 14th. Weiss Ratings downgraded shares of The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 16th. Zacks Research lowered shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of The Ensign Group in a report on Tuesday, June 9th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $213.50.
Get Our Latest Report on ENSG
The Ensign Group Stock Down 0.7% ENSG stock opened at $170.87 on Wednesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market capitalization of $9.99 billion, a price-to-earnings ratio of 27.83, a PEG ratio of 1.68 and a beta of 0.69. The Ensign Group, Inc. has a fifty-two week low of $134.79 and a fifty-two week high of $218.00. The stock has a fifty day moving average of $165.80 and a 200-day moving average of $184.01.
The Ensign Group (NASDAQ:ENSG – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.79 by $0.06. The Ensign Group had a return on equity of 16.78% and a net margin of 6.89%.The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the previous year, the business posted $1.52 EPS. The firm’s quarterly revenue was up 18.4% compared to the same quarter last year. The Ensign Group has set its FY 2026 guidance at 7.480-7.620 EPS. As a group, equities research analysts predict that The Ensign Group, Inc. will post 6.82 earnings per share for the current year.
The Ensign Group Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be paid a $0.065 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.26 annualized dividend and a dividend yield of 0.2%. The Ensign Group’s dividend payout ratio (DPR) is presently 4.23%.
About The Ensign Group (Free Report)
The Ensign Group, Inc is a diversified provider of post-acute healthcare services in the United States, operating a network of skilled nursing, assisted living, independent living, home health and hospice care centers. The company’s model emphasizes integrated care by employing multidisciplinary teams—including nursing staff, therapists and physicians—to deliver personalized rehabilitation and long-term care services for seniors and other patients recovering from injury, illness or surgery.
Through its owned and managed centers, The Ensign Group offers a broad spectrum of rehabilitation services such as physical, occupational and speech therapy.
Featured Articles Five stocks we like better than The Ensign Group Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding ENSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Ensign Group, Inc. (NASDAQ:ENSG – Free Report).
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Sameer to drive growth, investment in wealth management business
, /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced Shimna Sameer as head of Truist Wealth. Sameer joins the company to accelerate the performance and scale the delivery of Truist's wealth management business.
As head of Truist Wealth, Sameer will have broad oversight of business strategy, including the delivery of Truist's purpose-driven wealth experience to clients, enhancing the advisor and client experience, investing in and deploying innovative technology, strengthening partnerships across the enterprise and delivering long-term growth.
Shimna Sameer announced head of Truist Wealth. Sameer has more than 20 years of experience in consumer banking, wealth management and private banking. Most recently, she served as head of products, solutions and platforms at Bank of America Private Bank. In this role, Sameer was responsible for managing the Private Bank's digital platforms, business and talent strategies and client experience, as well as driving business opportunities across the enterprise. She also led the delivery of the firm's specialized capabilities – including wealth strategy, trust services, custom lending and art services – to all of Bank of America's wealth management clients. Throughout her career, Sameer has led scaled client-facing businesses and large transformational initiatives, including developing the strategy for the sales organization, digital solutions and talent development for Merrill Edge.
Sameer will join Truist in October, reporting to Chief Wholesale Banking Officer Kristin Lesher, and serve as a member of the Truist Operating Council. She will be based in Truist's Hudson Yards offices in New York City.
"Truist Wealth is critical to our enterprise growth strategy and we'll continue to invest in technology enhancements, empower our advisors and broaden the solutions we provide clients," said Kristin Lesher, Truist Chief Wholesale Banking Officer. "Shim has spent her career serving clients, leading organizations to achieve outsized results and designing and implementing strategies that drive performance. She has a proven ability to partner across the enterprise, support advisor growth and development and leverage technology to scale businesses. Her experience and success across banking and wealth management will shape Truist Wealth at an important moment in our business."
Truist Wealth delivers holistic wealth management solutions to affluent, high, and ultra-high net worth individuals, families, and business owners across the U.S. and abroad. Truist Wealth is part of the Truist Wholesale Banking segment which provides comprehensive solutions to commercial, corporate, institutional and high-net-worth clients through a combination of regional coverage and industry-focused teams serving clients across the U.S.
About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Headquartered in Charlotte, North Carolina, Truist has leading market share in many of the high-growth markets in the U.S. and offers a wide range of products and services through wholesale and consumer businesses, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending businesses. Truist is a top-10 commercial bank with total assets of $556 billion as of June 30, 2026. Truist Bank, Member FDIC. Equal Housing Lender. Learn more at Truist.com.
About Truist Wealth
Truist Wealth delivers holistic wealth management solutions to affluent, high, and ultra-high net worth individuals, families, and business owners across the U.S. and abroad. Truist Wealth provides distinct solutions for individuals and businesses through the following affiliates: Banking products and services, corporate trust, escrow, and institutional investment management services to public, private, and nonprofit organizations provided by Truist Bank, Member FDIC. Securities, brokerage accounts, and/or annuities offered by Truist Investment Services, Inc., member FINRA, SIPC, and a licensed insurance agency. Investment advisory services offered by Truist Advisory Services, Inc. and affiliated SEC registered investment advisers.
AMD a Anthropic uzavřely dohodu na dodávky serverů pro AI v hodnotě desítek miliard USD. Anthropic má odebrat čipy Instinct MI450 až 2 gigawaty od první poloviny roku 2027.
Společnosti AMD a Anthropic podepsaly dohodu na dodávky serverů pro umělou inteligenci v hodnotě desítek miliard dolarů. Tento podle krok deníku Wall Street Journal posiluje konkurenční pozici AMD vůči lídrovi trhu Nvidia a zároveň poskytuje startupu Anthropic tolik potřebný výpočetní výkon.
Anthropic podle podmínek dohody odkoupí nejnovější generaci čipů AMD s označením Instinct MI450 v objemu až 2 gigawattů, a to od první poloviny roku 2027. Společnost AMD zároveň po dosažení stanovených milníků v odběru čipů investuje do Anthropicu až 5 mld. USD, což představuje její vůbec první přímý finanční vstup do této AI firmy.
„Velmi jsme usilovali o to, abychom se stali významnou součástí jejich infrastruktury,“ uvedla generální ředitelka AMD Lisa Su a dodala, že inženýrské týmy obou společností již nějakou dobu úzce spolupracují.
Anthropic v rámci nové dohody nakoupí část čipů AMD pro vlastní datová centra a další část kapacity si pronajme prostřednictvím velkých cloudových poskytovatelů či specializovaných neocloudů. Obě firmy aktuálně společně vybírají vhodná datová centra pro umístění těchto čipů, doplnila Su.
Akcie AMD Akcie AMD (AMD) v předburzovní fázi obchodování klesají o 3,16 % na 527,20 USD.
Hershey mění Halloween na několik mikrosezón a začíná s ním už v létě, aby podpořila prodej Reese's a dalších značek. Firma zároveň nasazuje AI do marketingu i prodeje v prodejnách.
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Hershey is leaning into the "trunk or treat" trend, which often takes place long before Halloween. Hershey Stacy Taffet, Hershey's chief growth and marketing officer, has already entered her spooky season.
The Reese's and Jolly Rancher parent is conjuring up a new Halloween playbook, carving the holiday into distinct micro-seasons that start months before October 31, Taffet exclusively told CMO Insider.
A Morning Consult survey commissioned by Hershey in July found that 67% of US parents had bought Halloween candy or snacks during the summer in recent years. Almost half (49%) of parents polled were familiar with the term "Summerween."
With consumers celebrating Halloween early, CMOs face a challenge in building excitement without peaking too soon.
Taffet said Hershey has shifted from treating Halloween as "one long extended season" to a more occasion-led approach, with different brands and products promoted at different points.
Summer is about cueing the season with Reese's assorted Halloween shapes and marketing that centers on rituals like pumpkin carving and fall lattes.
"We'll use more parts of the portfolio that are either for individual consumption or for sharing in small groups as a way to say, 'Let's get excited, the season's coming,'" Taffet said.
As fall approaches, Hershey plans to lean into the "trunk or treating" trend, where families gather in parking lots for children to collect candy from car trunks.
When October nears, activity will ramp up, including a partnership with Amazon to deliver ready-to-go large trick-or-treat bowls and a bigger push for non-chocolate brands, such as its Pirate's Booty salty snacks.
Halloween is a high-stakes moment for Hershey. Last year, Hershey CEO Kirk Tanner said its Halloween sales performance had been disappointing, citing warmer weather among other factors. Retailers were also discounting candy at the time, following price hikes driven by higher cocoa prices.
Tanner said on last October's earnings call that there were opportunities to "go to school" on consumer insights to improve for Halloween 2026, such as evaluating new pack types, price points, and the product mix.
Behind the scenes, Taffet, who joined the company in April 2025, has been reconfiguring her department to handle moments like these.
"The biggest thing I've been focused on is really breaking down functional silos," so the company can more quickly react to consumer trends, Taffet said.
Within the growth office, the marketing, insights, innovation, and research and development teams now function together.
Hershey recently introduced a new marketing mix model — a method that determines the impact of individual marketing channels on sales — enabled by AI.
Taffet said AI and automation tools are making it easier for Hershey to flag celebrities and influencers who are already talking about its brands and reach out about potential partnerships. It has also deployed AI tools to its retail sales force to strengthen merchandising.
"Our retail team will go to a store manager and, using an augmented reality tool and analytics powered by AI, say, 'If you put the KitKat display over here by the checkout, your sales are going to go up by X%,'" Taffet said.
Taffet said Hershey is also aware that many people are financially stretched, and is introducing new product formats at lower prices.
"If they only have $20 to spend on getting their kid excited about Halloween, it could be a costume, it could be decorations, it could be Reese's Shapes, and we want to make sure that we're top of mind to delight people in that season," she said.
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Lara O'Reilly You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Lara O'Reilly is the anchor of the CMO Insider newsletter.She is a senior correspondent who has covered the digital advertising, marketing, and media industries since 2010. Her current beat includes big tech companies like Alphabet, and Meta, and adtech firms, agencies, publishers, the creator economy, and CMOs.Lara has previously worked as a reporter and executive producer at titles including The Wall Street Journal, Digiday, Yahoo Finance, and Marketing Week. She was previously Business Insider's senior global advertising editor from 2014 to 2017.Lara was named "Digital Journalist of the Year" by the London Press Club in 2016.Lara is a regular guest on TV and radio and has appeared on outlets such as the BBC, NPR, SiriusXM's Wharton Business Daily, and CTV Television Network. She also frequently speaks on stage at major events such as Web Summit, IFA, VivaTech, Advertising Week, and Cannes Lions.To get in touch with Lara O'Reilly, email [email protected] or contact her on Signal at @loreilly.71Check out Insider's source guide for tips on sharing information securely.Read some of Lara's recent work below:
Inside Amazon's plan to clobber rivals The Trade Desk and Google in a key area of advertisingMeet Cindy Rose, the former lawyer and top Microsoft exec set to become CEO of ad giant WPPHow X CEO Linda Yaccarino went from Elon Musk's fixer to out of a job in 2 yearsInside the political reckoning shaking up the ad industryMeet the 'reclusive' tech billionaire making an audacious bid to buy TikTokTop marketers are under a ton of pressure. They told me how they're trying to make themselves recession-proof.Big Tech workers got too used to perks. The pampering is over. Halloween
Baader Bank Aktiengesellschaft bought a new position in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,105 shares of the company’s stock, valued at approximately $490,000.
Several other hedge funds also recently made changes to their positions in the business. SFE Investment Counsel increased its stake in Vertiv by 1.1% in the first quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock valued at $765,000 after acquiring an additional 32 shares during the last quarter. Webster Bank N. A. increased its stake in shares of Vertiv by 6.9% in the 1st quarter. Webster Bank N. A. now owns 542 shares of the company’s stock valued at $136,000 after purchasing an additional 35 shares during the last quarter. Sachetta LLC raised its holdings in shares of Vertiv by 41.4% during the 1st quarter. Sachetta LLC now owns 123 shares of the company’s stock worth $31,000 after buying an additional 36 shares in the last quarter. Onyx Bridge Wealth Group LLC lifted its position in shares of Vertiv by 2.1% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 1,908 shares of the company’s stock worth $478,000 after buying an additional 40 shares during the last quarter. Finally, Quotient Wealth Partners LLC boosted its stake in Vertiv by 2.5% in the first quarter. Quotient Wealth Partners LLC now owns 1,813 shares of the company’s stock valued at $454,000 after buying an additional 45 shares in the last quarter. 89.92% of the stock is owned by institutional investors.
Vertiv Stock Performance NYSE:VRT opened at $304.73 on Wednesday. The company has a fifty day moving average of $317.64 and a 200-day moving average of $272.03. The firm has a market capitalization of $117.05 billion, a P/E ratio of 76.56, a P/E/G ratio of 1.26 and a beta of 2.03. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. Vertiv Holdings Co. has a twelve month low of $118.70 and a twelve month high of $379.93.
Vertiv (NYSE:VRT – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same period in the previous year, the company posted $0.64 EPS. The firm’s revenue was up 30.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Vertiv Holdings Co. will post 6.38 EPS for the current year.
Vertiv Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a $0.0625 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is presently 6.28%.
Wall Street Analysts Forecast Growth A number of equities research analysts have recently weighed in on VRT shares. Bank of America raised their price target on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Friday, May 15th. BNP Paribas Exane began coverage on shares of Vertiv in a research note on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 price objective for the company. HSBC began coverage on shares of Vertiv in a research note on Wednesday, March 25th. They set a “buy” rating and a $325.00 target price on the stock. TD Cowen increased their price target on Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Finally, Jefferies Financial Group restated a “hold” rating and set a $260.00 price objective (down from $280.00) on shares of Vertiv in a research report on Tuesday, March 31st. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $342.73.
Read Our Latest Stock Analysis on VRT
Key Vertiv News Here are the key news stories impacting Vertiv this week:
Positive Sentiment: Vertiv announced a major expansion at its Tognana campus in Italy to increase manufacturing and testing for data center cooling systems, with chiller production capacity expected to double by the end of 2026. The move supports rising demand tied to AI and high-density computing. Vertiv Expands Global Manufacturing Capacity for AI-Ready Data Center Cooling Solutions Positive Sentiment: Vertiv completed the acquisition of Strategic Thermal Labs, adding advanced liquid-cooling and cold-plate expertise that should strengthen its offerings for AI servers and other power-dense computing environments. Vertiv (VRT) Is Buying Strategic Thermal Labs For AI Cooling Growth Positive Sentiment: Separately, Zacks highlighted Vertiv as one of several stocks offering both AI exposure and dividend payouts, keeping the name on investors’ radar as an AI beneficiary with income appeal. These Stocks Offer AI Exposure and Dividend Payouts Neutral Sentiment: Vertiv has also been attracting unusual investor attention and media coverage, which can boost trading activity but does not by itself change the company’s fundamentals. Vertiv Holdings Co. (VRT) is Attracting Investor Attention: Here is What You Should Know Negative Sentiment: Jim Cramer’s “wait before buying the dip” comment is a cautious signal that may temper near-term enthusiasm, though it is more opinion than a direct company-specific warning. Jim Cramer says wait before buying the dip on Vertiv Vertiv Company Profile (Free Report)
Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.
The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.
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Amphenol byla zvýšena na doporučení koupit díky silnému organickému růstu, akvizicím a rozšiřujícím se maržím. Tržby v 1. čtvrtletí dosáhly rekordních 7,62 miliardy USD.
SummaryAmphenol Corporation is upgraded to a buy, driven by robust organic growth, disciplined acquisitions, and expanding margins.APH’s Q1 revenue hit a record $7.62 billion, fueled by 33% organic growth and the CCS acquisition, with EBITDA tripling over three years.Non-GAAP operating margin reached 27.3%, and further margin expansion is expected as CCS integration matures and synergies materialize.While APH trades at a premium (P/E ~43x), accelerating earnings and secular tailwinds increasingly justify the valuation, supporting durable long-term growth. Supersmario/iStock via Getty Images
Amphenol Corporation (APH) is becoming one of the most renowned manufacturers of electronic connectors, cable assemblies, sensors, antennas, and other interconnect systems. These are the systems that enable the transmission of power, data, and signals for markets like AI data centers, automotive, aerospace, defense, industrial automation, mobile devices, and communications. The company generates
745 Followers
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Teledyne zvýšila celoroční odhad upraveného zisku na 24,45 až 24,65 USD na akcii. Ve 2. čtvrtletí překonala odhady ziskem 6,28 USD na akcii a tržbami 1,66 miliardy USD.
Short-wave infrared sensors made by Teledyne FLIR are mounted under an APEX aircraft in Taitung, Taiwan, October 13, 2025. REUTERS/Ann Wang/File Photo Purchase Licensing Rights, opens new tab
July 22 (Reuters) - Teledyne Technologies (TDY.N), opens new tab on Wednesday raised its 2026 profit forecast as demand remained robust at its digital imaging, instrumentation as well as aerospace and defense segments.
Shares of the sensing-systems maker, which also reported better-than-expected quarterly profit and revenue, rose nearly 3% before the bell.
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Teledyne, which continues to benefit from elevated demand for defense and surveillance equipment amid heightened geopolitical tensions, noted further boost to its top-line from recent acquisitions.
"Organic growth was greatest in our Digital Imaging segment, where infrared detectors and systems for space and airborne and marine unmanned systems, as well as counter unmanned applications, each increased considerably," CEO Robert Mehrabian said.
"We achieved growth in our other segments and each product line within the Instrumentation segment," the CEO added.
Teledyne now expects full-year adjusted profit between $24.45 and $24.65 per share, compared with its prior range of $23.85 to $24.15.
The mid-point of the new forecast range is 39 cents ahead of average analysts' estimate of $24.16, according to data compiled by LSEG.
On an adjusted basis, Teledyne earned $6.28 per share in the quarter ended June 28, compared with estimates of $5.80 a share.
The Thousand Oaks, California-based company posted a 9.8% year-on-year rise in second-quarter revenue to $1.66 billion, compared with estimates of $1.58 billion.
Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Joyjeet Das
Our Standards: The Thomson Reuters Trust Principles., opens new tab
ABN Amro Investment Solutions trimmed its position in shares of Quanta Services, Inc. (NYSE:PWR – Free Report) by 6.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,353 shares of the construction company’s stock after selling 3,106 shares during the quarter. ABN Amro Investment Solutions’ holdings in Quanta Services were worth $25,998,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC bought a new stake in shares of Quanta Services in the 4th quarter worth about $298,000. Woodline Partners LP raised its position in Quanta Services by 40.7% in the 1st quarter. Woodline Partners LP now owns 12,471 shares of the construction company’s stock worth $3,170,000 after purchasing an additional 3,606 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in Quanta Services in the second quarter worth about $4,632,000. Marshall Wace LLP purchased a new position in shares of Quanta Services during the second quarter valued at approximately $996,000. Finally, StoneX Group Inc. bought a new position in shares of Quanta Services during the second quarter valued at approximately $204,000. Hedge funds and other institutional investors own 90.49% of the company’s stock.
Quanta Services Price Performance PWR opened at $638.74 on Wednesday. The company has a market capitalization of $95.85 billion, a price-to-earnings ratio of 87.62, a PEG ratio of 2.49 and a beta of 1.21. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.57. Quanta Services, Inc. has a 12-month low of $363.01 and a 12-month high of $788.75. The business’s fifty day simple moving average is $698.00 and its 200-day simple moving average is $602.38.
Quanta Services (NYSE:PWR – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The construction company reported $2.68 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.64. Quanta Services had a return on equity of 18.64% and a net margin of 3.67%.The firm had revenue of $7.87 billion during the quarter, compared to the consensus estimate of $7 billion. During the same period in the previous year, the company posted $1.78 earnings per share. The firm’s quarterly revenue was up 26.3% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. On average, equities research analysts anticipate that Quanta Services, Inc. will post 12.8 earnings per share for the current fiscal year.
Quanta Services Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Monday, July 13th. Stockholders of record on Wednesday, July 1st were given a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Wednesday, July 1st. Quanta Services’s dividend payout ratio is presently 6.04%.
Quanta Services announced that its board has authorized a share buyback program on Friday, May 22nd that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the construction company to buy up to 0.9% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.
Wall Street Analyst Weigh In A number of equities research analysts recently issued reports on PWR shares. UBS Group raised their price target on Quanta Services from $646.00 to $900.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. B. Riley Financial reiterated a “neutral” rating on shares of Quanta Services in a research note on Friday, May 1st. Zacks Research lowered shares of Quanta Services from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Truist Financial upped their price target on shares of Quanta Services from $851.00 to $940.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Finally, CICC Research began coverage on shares of Quanta Services in a research note on Thursday, May 21st. They issued an “outperform” rating and a $872.00 price target on the stock. Seventeen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Quanta Services currently has a consensus rating of “Moderate Buy” and an average price target of $745.55.
Check Out Our Latest Research Report on PWR
Insider Activity at Quanta Services In other Quanta Services news, CAO Paul Nobel sold 4,000 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $756.98, for a total transaction of $3,027,920.00. Following the completion of the sale, the chief accounting officer owned 8,080 shares in the company, valued at $6,116,398.40. This represents a 33.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Earl C. Jr. Austin sold 25,992 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $770.71, for a total value of $20,032,294.32. Following the sale, the chief executive officer owned 16,508 shares of the company’s stock, valued at $12,722,880.68. This trade represents a 61.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 159,992 shares of company stock valued at $123,244,714 in the last ninety days. Corporate insiders own 0.60% of the company’s stock.
Key Stories Impacting Quanta Services Here are the key news stories impacting Quanta Services this week:
Positive Sentiment: Quanta was named the 2026 Top U.S. Solar Solutions Provider by Solar Power World for the third time in four years, highlighting its leadership in solar project execution and its ability to win large renewable-energy contracts. Quanta Services Named 2026 Top U.S. Solar Solutions Provider by Solar Power World Positive Sentiment: Analysts and investors are pointing to Quanta’s execution certainty as a competitive advantage, especially as utilities and technology customers ramp up spending on large, complex infrastructure projects. Can Quanta’s Execution Certainty Strengthen Its Competitive Position? Positive Sentiment: JPMorgan reaffirmed a Neutral rating but set a $714 price target, which is above the current share price and suggests upside if execution remains strong. JPMorgan rating update via Benzinga Neutral Sentiment: Market commentary noted that PWR has outpaced the broader market in the latest session, reflecting continued investor interest but not a new fundamental catalyst. Quanta Services (PWR) Outpaces Stock Market Gains: What You Should Know Neutral Sentiment: One article argued the stock may look pricey on cash flow and earnings, which could limit near-term upside if valuation concerns gain traction. Quanta Services (PWR) Stock Looks Pricey On Cash Flow And Earnings Neutral Sentiment: NZS Capital said it strengthened its position in Quanta in a quarterly letter, but the note was broader portfolio commentary rather than a company-specific catalyst. NZS Capital Quanta Services position update Quanta Services Profile (Free Report)
Quanta Services, Inc is a leading specialty contractor that provides comprehensive infrastructure solutions for the electric power, pipeline and energy, and communications markets. Headquartered in Houston, Texas, the company delivers engineering, procurement, construction, installation, maintenance and repair services that support the development, modernization and ongoing operation of critical energy and communications networks.
In the electric power sector, Quanta works on transmission and distribution systems, substation construction and grid modernization projects that include integration of renewable generation and energy storage.
Featured Stories Five stocks we like better than Quanta Services Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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July 22, 2026 07:30 ET | Source: BridgeBio Pharma, Inc.
- PDUFA target action date of May 8, 2027
- If approved, encaleret will be the first and only approved therapy specifically indicated for individuals living with ADH1, representing a potential blockbuster opportunity for BridgeBio
- Encaleret demonstrated consistent efficacy across all pre-specified primary and key secondary efficacy endpoints normalizing key markers of CaSR-driven disease biology without the need for calcium and vitamin D supplements, with a favorable safety and tolerability profile
- BridgeBio is also currently enrolling CALIBRATE-PEDS, a registrational Phase 2/3 trial to study encaleret in pediatric ADH1 and intends to initiate the RECLAIM-HP Phase 3 registrational study of encaleret in chronic hypoparathyroidism later this summer; successful development could extend encaleret’s utility to a broader patient population
PALO ALTO, Calif., July 22, 2026 (GLOBE NEWSWIRE) -- BridgeBio Pharma, Inc. (Nasdaq: BBIO) (“BridgeBio” or the “Company”), a commercial-stage, multi-product biopharmaceutical company focused on developing medicines for genetic conditions, today announced the FDA has accepted for filing its New Drug Application (NDA) for encaleret for the treatment of individuals living with autosomal dominant hypocalcemia type 1 (ADH1). The FDA has assigned a Prescription Drug User Fee Act (PDUFA) target action date of May 8, 2027, and BridgeBio is prepared to launch encaleret upon approval, representing a potential blockbuster opportunity for the Company. The FDA also notified the Company that it is not currently planning to hold an advisory committee meeting to discuss the application.
"The FDA's acceptance of our NDA is a powerful validation of encaleret’s differentiated clinical profile and enables a major step forward for the ADH1 community. We believe encaleret has the potential to transform care for patients who currently have no indicated treatment options, and we're moving with urgency to bring it to them,” said Ananth Sridhar, Chief Executive Officer of BridgeBio Endocrinology.
CALIBRATE, the Phase 3 clinical trial of encaleret in ADH1, successfully achieved all pre-specified primary and key secondary efficacy endpoints, supporting encaleret’s potential as a disease-modifying therapy by targeting the underlying genetic cause of ADH1. The topline results can be found here. Additional results were presented at the European Congress of Endocrinology (ECE) 2026 and the Endocrine Society 2026 annual meeting (ENDO) in oral presentations, with data showing simultaneous restoration of blood and urine calcium, as well as restoration of physiologic parathyroid hormone (PTH) production.
"For too long, ADH1 has been an invisible condition, that disrupts several systems in the body, from the kidneys to the nervous system to the muscles and often goes unrecognized for years. The path to diagnosis is frequently a long and exhausting one, especially for patients with a genetic disorder. Patients often cycle through specialists before anyone connects the dots to their diagnosis. The FDA's acceptance of this NDA is a moment of real hope for ADH1 patients and a signal that the medical and regulatory community understand the seriousness of this condition and that an orally administered option may finally be on the horizon for those in need," said Patty Keating, Executive Director of the HypoPARAthyroidism Association.
As of April 2026, over 2,100 individuals have been diagnosed in the U.S. with autosomal dominant hypocalcemia since October 2023 based on claims data, suggestive of a growing marketplace and elevated diagnostic suspicion. The Company also intends to submit a Marketing Authorization Application (MAA) to the European Medicines Agency (EMA) for the use of encaleret in ADH1 in the second half of 2026.
BridgeBio is currently enrolling CALIBRATE-PEDS (NCT07080385), a global registrational Phase 2/3 study of encaleret in pediatric ADH1. The Company also plans to initiate RECLAIM-HP, a global Phase 3 study of encaleret in chronic hypoparathyroidism later this summer, building on the positive Phase 2 proof-of-concept findings of PTH-independent effects of encaleret on renal calcium handling and expanding the potential applications of encaleret beyond ADH1. Successful development could extend encaleret’s utility to a broader patient population.
About Autosomal Dominant Hypocalcemia Type 1 (ADH1)
ADH1 is a common form of genetic hypoparathyroidism caused by gain-of-function variants in the calcium-sensing receptor gene (CASR). The calcium-sensing receptor (CaSR) constantly monitors and balances blood calcium levels by regulating parathyroid hormone secretion and calcium reabsorption in the kidneys. Individuals with ADH1 typically experience hypocalcemia, hypercalciuria, and inappropriately low levels of PTH. Symptoms of hypocalcemia may include severe muscle cramps, muscle spasms (tetany), a burning or prickling sensation in the hands or feet (paresthesia), brain fog, fatigue, and seizures. Hypercalciuria may result in kidney calcification (nephrocalcinosis), kidney stones (nephrolithiasis), and kidney failure.
About Encaleret
Encaleret is an investigational, orally administered small molecule under investigation to treat ADH1 and chronic hypoparathyroidism, that is designed to selectively negatively modulate the calcium sensing receptor. Encaleret has been granted Fast Track Designation by the U.S. FDA and Orphan Drug Designation in the U.S., European Union, and Japan.
About BridgeBio
BridgeBio exists to develop transformative medicines for genetic conditions. Millions of people worldwide living with genetic conditions lack treatment options, often because drug development for small patient populations can be commercially challenging. We aim to bridge the gap between advancements in genetic science and meaningful medicines for underserved patient populations. Our decentralized, hub-and-spoke model is designed for speed, precision, and scalability. Autonomous and empowered teams focus on individual conditions, while a central hub provides the clinical, regulatory, and commercial capabilities needed to bring innovation to market. For more information, visit bridgebio.com and follow us on LinkedIn, X, Facebook, Instagram, YouTube, and TikTok.
BridgeBio Forward-Looking Statements
This press release contains forward-looking statements. Statements in this press release may include statements that are not historical facts and are considered forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended (the Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), which are usually identified by the use of words such as “anticipates,” “believes,” “continues,” “estimates,” “expects,” “hopes,” “intends,” “may,” “plans,” “projects,” “remains,” “seeks,” “should,” “will,” and variations of such words or similar expressions. BridgeBio intends these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Exchange Act. These forward-looking statements include express and implied statements relating to the Company’s expectations regarding the regulatory review process for encaleret in ADH1, including the FDA’s review of the NDA and the potential for approval; the Company’s preparedness to launch encaleret upon approval; the potential for encaleret to become the first and only approved therapy specifically indicated for individuals living with ADH1 and to transform care for patients with ADH1; the potential for encaleret to be a disease-modifying therapy by targeting the underlying genetic cause of ADH1; the potential commercial opportunity for encaleret in ADH1, including as a potential blockbuster opportunity for the Company; the timing of a potential Marketing Authorization Application submission to the European Medicines Agency for encaleret in ADH1; the Company’s plans to initiate RECLAIM-HP, a global Phase 3 study of encaleret in chronic hypoparathyroidism, and the potential expansion of encaleret beyond ADH1, including the potential for encaleret to become a multi-billion-dollar opportunity for the Company. Such statements reflect the Company’s current views about the Company’s plans, intentions, expectations and strategies, which are based on the information currently available to it and on assumptions the Company has made. Although the Company believes that its plans, intentions, expectations and strategies as reflected in or suggested by those forward-looking statements are reasonable, the Company can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a number of risks, uncertainties and assumptions, including, but not limited to, initial and ongoing data from the Company’s clinical trials not being indicative of final data, the design and success of ongoing and planned clinical trials, future regulatory filings, approvals and/or sales, despite having ongoing and future interactions with the FDA or other regulatory agencies to discuss potential paths to registration for the Company’s product candidates, the FDA or such other regulatory agencies not agreeing with the Company’s regulatory approval strategies, components of the Company’s filings, such as clinical trial designs, conduct and methodologies, or the sufficiency of data submitted, regulatory submissions not being accepted or approved on anticipated timelines or at all, encaleret not becoming the first and only approved therapy specifically indicated for individuals living with ADH1, the Company not being successful in launching encaleret on anticipated timing or at all, the potential commercial opportunity for encaleret not being realized, the Company’s plans for RECLAIM-HP not proceeding as expected, the impacts of current macroeconomic and geopolitical events, including changing conditions from hostilities in Ukraine and in Israel and the Middle East, increasing rates of inflation and changing interest rates, on business operations and expectations, as well as those risks set forth in the Risk Factors section of the Company’s most recent Annual Report on Form 10-K and the Company’s other filings with the U.S. Securities and Exchange Commission. Moreover, the Company operates in a very competitive and rapidly changing environment in which new risks emerge from time to time. These forward-looking statements are based upon the current expectations and beliefs of the Company’s management as of the date of this press release, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as required by applicable law, BridgeBio assumes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
BridgeBio Media Contact:
Bubba Murarka, Executive Vice President [email protected]
(650)-789-8220
California Public Employees Retirement System increased its position in shares of BorgWarner Inc. (NYSE:BWA – Free Report) by 12.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 532,927 shares of the auto parts company’s stock after acquiring an additional 58,960 shares during the period. California Public Employees Retirement System owned about 0.26% of BorgWarner worth $28,917,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in BorgWarner by 1.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 11,961,482 shares of the auto parts company’s stock worth $538,996,000 after purchasing an additional 178,853 shares during the period. AQR Capital Management LLC boosted its stake in shares of BorgWarner by 22.7% in the fourth quarter. AQR Capital Management LLC now owns 9,222,352 shares of the auto parts company’s stock valued at $415,559,000 after purchasing an additional 1,703,576 shares during the period. State Street Corp grew its holdings in shares of BorgWarner by 5.3% in the second quarter. State Street Corp now owns 7,633,760 shares of the auto parts company’s stock valued at $255,578,000 after purchasing an additional 380,942 shares in the last quarter. LSV Asset Management increased its stake in BorgWarner by 6.7% during the 4th quarter. LSV Asset Management now owns 6,446,541 shares of the auto parts company’s stock worth $290,481,000 after buying an additional 402,887 shares during the period. Finally, Geode Capital Management LLC increased its stake in BorgWarner by 10.9% during the 4th quarter. Geode Capital Management LLC now owns 4,297,717 shares of the auto parts company’s stock worth $193,695,000 after buying an additional 423,933 shares during the period. 95.67% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets In other news, VP Isabelle Mckenzie sold 3,500 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total value of $221,725.00. Following the transaction, the vice president owned 57,828 shares in the company, valued at approximately $3,663,403.80. This represents a 5.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Tania Wingfield sold 5,000 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $63.24, for a total value of $316,200.00. Following the sale, the executive vice president directly owned 35,365 shares in the company, valued at $2,236,482.60. This trade represents a 12.39% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 67,500 shares of company stock valued at $4,310,115. 0.76% of the stock is owned by insiders.
BorgWarner Trading Up 3.2% Shares of NYSE:BWA opened at $63.60 on Wednesday. BorgWarner Inc. has a 52 week low of $34.27 and a 52 week high of $78.82. The company’s 50 day moving average is $68.03 and its two-hundred day moving average is $58.69. The company has a market cap of $13.05 billion, a PE ratio of 37.63, a P/E/G ratio of 1.32 and a beta of 1.09. The company has a current ratio of 2.13, a quick ratio of 1.75 and a debt-to-equity ratio of 0.69.
BorgWarner (NYSE:BWA – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.08. The business had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the company earned $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities analysts predict that BorgWarner Inc. will post 5.16 earnings per share for the current fiscal year.
BorgWarner Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, June 1st. BorgWarner’s dividend payout ratio is currently 40.24%.
Analysts Set New Price Targets Several research firms have commented on BWA. Morgan Stanley boosted their price target on shares of BorgWarner from $60.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 27th. Wolfe Research reiterated an “outperform” rating and issued a $95.00 price objective on shares of BorgWarner in a research note on Wednesday, June 3rd. TD Cowen lifted their target price on BorgWarner from $66.00 to $67.00 and gave the company a “hold” rating in a report on Thursday, May 7th. UBS Group raised BorgWarner from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $61.00 to $95.00 in a research note on Wednesday, June 10th. Finally, Barclays upped their price target on BorgWarner from $75.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $74.57.
View Our Latest Analysis on BWA
BorgWarner Profile (Free Report)
BorgWarner Inc is a global automotive supplier specializing in propulsion and drivetrain solutions for combustion, hybrid and electric vehicles. The company’s product portfolio includes turbochargers, thermal management systems, transmission components, e-Propulsion modules and advanced fuel-efficiency technologies. BorgWarner serves original equipment manufacturers (OEMs) across passenger cars, light trucks and commercial vehicles, supporting both legacy internal-combustion engines and emerging electrification trends.
Founded in 1928 through the merger of several driveline companies, BorgWarner has grown through strategic acquisitions and continuous investment in research and development.
Further Reading Five stocks we like better than BorgWarner Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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California Public Employees Retirement System decreased its position in shares of Equifax, Inc. (NYSE:EFX – Free Report) by 26.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 160,205 shares of the credit services provider’s stock after selling 56,857 shares during the period. California Public Employees Retirement System owned 0.13% of Equifax worth $28,848,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of EFX. Cullen Frost Bankers Inc. bought a new stake in Equifax during the 4th quarter valued at approximately $25,000. Ameriflex Group Inc. increased its position in Equifax by 612.5% in the 4th quarter. Ameriflex Group Inc. now owns 114 shares of the credit services provider’s stock worth $25,000 after buying an additional 98 shares during the period. Kemnay Advisory Services Inc. acquired a new position in shares of Equifax during the fourth quarter worth approximately $26,000. Reflection Asset Management acquired a new position in shares of Equifax during the fourth quarter worth approximately $26,000. Finally, State of Wyoming bought a new stake in shares of Equifax in the second quarter valued at approximately $34,000. 96.20% of the stock is currently owned by institutional investors.
Key Stories Impacting Equifax Here are the key news stories impacting Equifax this week:
Positive Sentiment: Equifax posted Q2 2026 EPS of $2.25, topping estimates, while revenue of $1.70 billion rose 11% year over year and matched Wall Street expectations. The company also highlighted strength in USIS, mortgage, and verification businesses, and announced an agreement to acquire Círculo de Crédito, which could expand its credit data footprint. Article Title Positive Sentiment: Management said early AI and agentic-automation gains are helping drive efficiency, and it doubled its expected three-year AI-driven cost savings target to $150 million from $75 million, a potentially meaningful margin tailwind over time. Article Title Neutral Sentiment: Free cash flow remained strong at $326 million for the first six months, and the company returned $366 million to shareholders, supporting the longer-term investment case even as near-term sentiment stays cautious. Article Title Negative Sentiment: Investor reaction has been pressured by Equifax’s weaker-than-expected Q3 and full-year 2026 guidance, which came in below consensus and suggests headwinds from a tough mortgage market and broader macro conditions. Article Title Negative Sentiment: Margins were also hit by a legal settlement accrual tied to a previously disclosed coding issue, adding another overhang as analysts noted the company’s near-term outlook appears less exciting than the quarter’s operating results. Article Title Insider Activity In other Equifax news, CEO Mark W. Begor sold 37,791 shares of the firm’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $172.40, for a total transaction of $6,515,168.40. Following the completion of the transaction, the chief executive officer owned 271,730 shares in the company, valued at $46,846,252. This trade represents a 12.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chad M. Borton sold 2,455 shares of Equifax stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $173.89, for a total value of $426,899.95. Following the sale, the executive vice president directly owned 29,518 shares in the company, valued at $5,132,885.02. The trade was a 7.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.70% of the company’s stock.
Analysts Set New Price Targets EFX has been the topic of several research analyst reports. Jefferies Financial Group lowered their price objective on shares of Equifax from $220.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. The Goldman Sachs Group reissued a “neutral” rating and issued a $182.00 price target on shares of Equifax in a report on Tuesday. Morgan Stanley decreased their price target on shares of Equifax from $244.00 to $243.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Equifax from $225.00 to $217.00 in a report on Thursday, July 9th. Finally, Weiss Ratings upgraded shares of Equifax from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 16th. Thirteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $221.63.
Get Our Latest Analysis on EFX
Equifax Stock Down 4.4% Shares of EFX stock opened at $172.23 on Wednesday. The stock has a market cap of $20.51 billion, a P/E ratio of 30.32, a price-to-earnings-growth ratio of 1.36 and a beta of 1.32. Equifax, Inc. has a one year low of $150.74 and a one year high of $271.84. The stock has a fifty day moving average price of $165.31 and a 200 day moving average price of $183.40. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.61 and a quick ratio of 0.61.
Equifax (NYSE:EFX – Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share for the quarter, topping analysts’ consensus estimates of $2.20 by $0.05. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.70 billion. Equifax had a net margin of 11.12% and a return on equity of 20.41%. The business’s revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.00 earnings per share. Equifax has set its Q3 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.390-8.690 EPS. Analysts predict that Equifax, Inc. will post 8.56 earnings per share for the current year.
Equifax Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 22nd were paid a $0.56 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $2.24 dividend on an annualized basis and a yield of 1.3%. Equifax’s payout ratio is presently 39.44%.
Equifax Profile (Free Report)
Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.
The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.
Further Reading Five stocks we like better than Equifax Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding EFX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equifax, Inc. (NYSE:EFX – Free Report).
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TE Connectivity (TEL - Free Report) came out with quarterly earnings of $2.94 per share, beating the Zacks Consensus Estimate of $2.85 per share. This compares to earnings of $2.27 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +3.16%. A quarter ago, it was expected that this electronics maker would post earnings of $2.7 per share when it actually produced earnings of $2.73, delivering a surprise of +1.11%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
TE Connectivity, which belongs to the Zacks Electronics - Miscellaneous Components industry, posted revenues of $5.16 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.14%. This compares to year-ago revenues of $4.53 billion. The company has topped consensus revenue estimates four 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.
TE Connectivity shares have lost about 8.1% since the beginning of the year versus the S&P 500's gain of 9.7%.
What's Next for TE Connectivity?While TE Connectivity has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for TE Connectivity was favorable. 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 #2 (Buy) for the stock. So, the shares are expected to outperform 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 $2.96 on $5.12 billion in revenues for the coming quarter and $11.31 on $19.56 billion 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, Electronics - Miscellaneous Components is currently in the top 25% 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.
One other stock from the same industry, Universal Display Corp. (OLED - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on July 30.
This organic light-emitting diode technology company is expected to post quarterly earnings of $1.04 per share in its upcoming report, which represents a year-over-year change of -26.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Universal Display Corp.'s revenues are expected to be $158.37 million, down 7.8% from the year-ago quarter.
Archer Aviation a Anduril představily autonomní rotorové letadlo Thunder pro obranné využití, čímž Archer míří mimo civilní trh s leteckými taxi. Akcie po oznámení vzrostly o 19 %.
The civilian electric vertical takeoff and landing market remains trapped in a regulatory holding pattern. Developing a functional urban air-taxi network requires deep consumer adoption, local infrastructure overhauls, and grueling Federal Aviation Administration approvals.
For pre-revenue developers in the aerospace sector, this translates to heavy cash burn with an ambiguous timeline for actual commercial deployment. The capital requirements to bring a clean-sheet aviation design from prototype to passenger-ready status are staggering, leaving early investors exposed to years of dilutive funding rounds.
Navigating these early-stage aviation equities requires identifying structural pivots before they are fully priced into the market. A pure-play focus on civilian urban air mobility presents a high-risk scenario tied entirely to municipal regulations and retail demand. To survive the prolonged path to commercialization, an aerospace developer needs a secondary source of capital to validate its core flight architecture.
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Entering the Arsenal: A Tactical AllianceArcher Aviation Today
$5.28 -0.04 (-0.66%)
As of 07/21/2026 03:59 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$4.30▼
$14.62Price Target$11.83
Archer Aviation NYSE: ACHR just altered that trajectory, forcing a structural repricing across the entire sector. Partnering with defense technology heavyweight Anduril, Archer Aviation unveiled its Thunder autonomous rotorcraft at the Farnborough International Airshow on July 20, 2026. By adapting its core flight architecture for contested defense environments, Archer Aviation is decisively bypassing civilian regulatory gridlock and tapping into immediate Department of War demand.
This strategic shift from a speculative civilian air-taxi provider to a manufacturer of artificial intelligence (AI) powered kinetic warfare hardware fundamentally changes the risk profile for Archer Aviation. The underlying flight technology is no longer waiting for consumer validation. It is being validated on the battlefield. Securing a dual-use military application completely shifts the narrative from cash-burning consumer tech to essential national security infrastructure.
Stealth and Stature: Flying Under the RadarWhen evaluating aerospace developers, identifying total addressable market expansion is a crucial fundamental metric. The Thunder platform is not a personnel transport vehicle. It is explicitly classified as a Group 5 autonomous attack rotorcraft, engineered to serve as a loyal wingman alongside crewed combat platforms like the AH-64 Apache.
The technical specifications perfectly align with modern asymmetric warfare requirements. Thunder integrates Archer Aviation's series-hybrid electric powertrain and dual tiltrotors with the Lattice mission autonomy software developed by Anduril.
The hardware allows for runway-independent operations and heavy modular payload delivery. Crucially, the electric propulsion reduces the aircraft's acoustic signature, enabling nap-of-the-earth flight to bypass radar in contested airspace.
From a capital structure perspective, the Department of War operates on a completely different budget paradigm than the retail consumer market. Military contracts offer structured milestone payments and established procurement volume, providing a pathway to non-dilutive capital.
Traditional pre-revenue developers survive by issuing secondary shares, heavily diluting existing shareholders to fund ongoing research. Securing early defense spending insulates the balance sheet from consumer macroeconomic headwinds and validates intellectual property in a way civilian prototypes cannot.
Desert Departure: Joby's Retail RunwayUnderstanding the gravity of this pivot requires looking at the broader competitive landscape. While Archer Aviation develops its defense applications, its peer, Joby Aviation NYSE: JOBY, currently dominates the civilian market. Joby Aviation has locked in a commercial launch in Dubai slated for 2026, working directly with established ride-sharing networks to launch a functional urban air mobility ecosystem.
The imminent revenue realization from Joby Aviation creates existential pressure on the rest of the sector. Engaging in a price-to-market war for civilian adoption against an entrenched competitor is a fast track to margin compression and capital exhaustion.
Archer Aviation recognized this threat and executed a strategic maneuver to capture a non-correlated revenue stream. Rather than fighting Joby Aviation for early market share in saturated urban centers, Archer Aviation is focusing on contested logistics and precision weapon deployment. This removes equity from direct civilian competition and positions it to capture government defense allocations, a sector that has remained historically robust regardless of broader economic conditions.
Burning Capital: The Liquidity EquationNavigating these specific equities requires strict attention to liquidity and capital runway. Archer Aviation ended the first quarter of 2026 with approximately $1.8 billion in total liquidity, combining cash and short-term investments.
This robust cash position is an absolute necessity against an elevated burn rate. The operations currently post an earnings before interest, taxes, depreciation, and amortization loss of roughly $200-$225 million per quarter, driven almost entirely by intensive research and development costs.
While the $1.8 billion provides a substantial buffer, the timeline remains extended. The official first flight for Thunder is scheduled for 2027, delaying immediate revenue recognition. The market responded enthusiastically to the Anduril partnership, sending shares up 19% on heavy options volume, with traders purchasing 77,081 call options in a single session.
Archer Aviation Inc. (ACHR) Price Chart for Wednesday, July, 22, 2026
Despite this retail momentum, structural overhead remains a prominent factor. Short interest sits between 15% and 17% of the free float, representing roughly 108 million shares sold short. With days-to-cover metrics ranging from 2.5 to 4.6, the stock has the structural framework for localized short-covering rallies amid high-volume catalyst events. However, careful investors must reconcile this options-driven momentum with recent executive actions.
Recent Form 4 filings reveal a persistent pattern of insider liquidations. Key executives executed numerous open-market sales over the trailing six months with zero open-market purchases. While insider selling often occurs for tax purposes or basic portfolio diversification, steady distribution during a major positive catalyst warrants close monitoring. It signals that management recognizes the lengthy commercialization timeline ahead and prefers immediate liquidity while waiting for defense contracts to materialize into hard revenue.
Final Approach: The Future of FlightThe integration of commercial electric aviation into military operations marks a definitive shift in defense procurement. Archer Aviation has successfully demonstrated that its proprietary propulsion and rotor designs have significant value beyond the highly speculative air-taxi market. The partnership with Anduril legitimizes the hardware, offering a viable path to government-backed funding that bypasses the friction of early retail adoption.
Market dynamics validate the necessity of this defense pivot, even if the timeline for materializing capital remains extended into 2027. This structural shift provides a compelling narrative for long-term valuation expansion, provided Archer Aviation can efficiently manage its cash bleed through the upcoming testing phases.
Investors seeking exposure to next-generation aerospace technologies might consider monitoring upcoming quarterly filings for any material shifts in research expenditures or definitive timelines regarding initial Department of War delivery milestones.
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California Public Employees' Retirement System ve 1. čtvrtletí zvýšil podíl v Host Hotels & Resorts o 10,5 % na 1 496 020 akcií. Hodnota podílu činila 28,664 milionu USD.
California Public Employees Retirement System grew its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) by 10.5% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 1,496,020 shares of the company’s stock after buying an additional 141,653 shares during the period. California Public Employees Retirement System owned 0.22% of Host Hotels & Resorts worth $28,664,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Zions Bancorporation National Association UT lifted its position in Host Hotels & Resorts by 89.1% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock worth $29,000 after acquiring an additional 781 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in shares of Host Hotels & Resorts during the second quarter worth $29,000. SJS Investment Consulting Inc. grew its position in Host Hotels & Resorts by 64.7% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $31,000 after buying an additional 641 shares during the last quarter. MUFG Securities EMEA plc purchased a new position in Host Hotels & Resorts in the 2nd quarter valued at $32,000. Finally, Cedar Mountain Advisors LLC purchased a new position in Host Hotels & Resorts during the 1st quarter worth $35,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.
Host Hotels & Resorts Stock Performance NASDAQ HST opened at $24.44 on Wednesday. The business has a 50 day moving average price of $23.64 and a 200 day moving average price of $20.99. The company has a market capitalization of $16.74 billion, a P/E ratio of 16.63, a PEG ratio of 2.71 and a beta of 1.09. Host Hotels & Resorts, Inc. has a 1-year low of $15.11 and a 1-year high of $25.41. The company has a debt-to-equity ratio of 0.74, a current ratio of 7.91 and a quick ratio of 7.91.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.31. The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. Host Hotels & Resorts had a return on equity of 15.15% and a net margin of 16.40%.The business’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter last year, the business posted $0.64 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. Sell-side analysts expect that Host Hotels & Resorts, Inc. will post 2.14 EPS for the current fiscal year.
Host Hotels & Resorts Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, June 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is 54.42%.
Wall Street Analysts Forecast Growth Several brokerages have recently weighed in on HST. BMO Capital Markets reaffirmed an “outperform” rating and issued a $27.00 target price on shares of Host Hotels & Resorts in a report on Friday, June 12th. JPMorgan Chase & Co. boosted their target price on Host Hotels & Resorts from $22.00 to $25.00 and gave the stock a “neutral” rating in a research report on Tuesday. Truist Financial increased their target price on Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. UBS Group raised their price target on Host Hotels & Resorts from $20.00 to $23.00 and gave the company a “neutral” rating in a report on Tuesday, June 2nd. Finally, Raymond James Financial restated an “outperform” rating and issued a $27.00 price target on shares of Host Hotels & Resorts in a research note on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Host Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $24.20.
Check Out Our Latest Stock Analysis on Host Hotels & Resorts
Insider Buying and Selling at Host Hotels & Resorts In related news, EVP Nathan S. Tyrrell sold 58,579 shares of Host Hotels & Resorts stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $22.00, for a total transaction of $1,288,738.00. Following the completion of the transaction, the executive vice president directly owned 697,658 shares in the company, valued at $15,348,476. The trade was a 7.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.50% of the stock is currently owned by company insiders.
Host Hotels & Resorts Company Profile (Free Report)
Host Hotels & Resorts, Inc is a real estate investment trust (REIT) focused on owning and managing premium lodging properties. The company’s portfolio predominantly comprises luxury and upper-upscale hotels and resorts operated under leading global brands. Through strategic acquisitions, dispositions and capital investments, Host Hotels & Resorts seeks to enhance long-term value by aligning property-level operating performance with broader market trends in hospitality demand.
The company’s holdings span major urban, resort and conference destinations across North America, Europe and the Asia-Pacific region.
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Assetmark Inc. trimmed its holdings in shares of Reddit Inc. (NYSE:RDDT – Free Report) by 8.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,971 shares of the company’s stock after selling 3,573 shares during the quarter. Assetmark Inc.’s holdings in Reddit were worth $5,517,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. NewEdge Advisors LLC grew its stake in Reddit by 143.3% in the 1st quarter. NewEdge Advisors LLC now owns 7,982 shares of the company’s stock valued at $837,000 after purchasing an additional 4,701 shares during the period. Empowered Funds LLC purchased a new stake in shares of Reddit during the 1st quarter valued at $213,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Reddit by 106.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 216,960 shares of the company’s stock worth $22,759,000 after purchasing an additional 111,780 shares during the period. Focus Partners Wealth raised its stake in shares of Reddit by 40.8% during the 1st quarter. Focus Partners Wealth now owns 10,224 shares of the company’s stock worth $1,073,000 after purchasing an additional 2,965 shares during the period. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Reddit by 344.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 369 shares of the company’s stock worth $39,000 after buying an additional 286 shares during the last quarter.
Analysts Set New Price Targets RDDT has been the subject of several research reports. UBS Group restated a “mixed” rating on shares of Reddit in a research report on Thursday, July 9th. Bank of America dropped their target price on shares of Reddit from $205.00 to $175.00 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd. Citizens Jmp reduced their target price on shares of Reddit from $250.00 to $240.00 and set a “market outperform” rating for the company in a research report on Friday, May 1st. The Goldman Sachs Group restated a “neutral” rating and set a $200.00 price target on shares of Reddit in a research note on Friday, May 1st. Finally, Truist Financial set a $265.00 price target on shares of Reddit in a report on Friday, May 1st. Nineteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat, Reddit presently has a consensus rating of “Moderate Buy” and a consensus price target of $232.48.
Get Our Latest Analysis on Reddit
Reddit Stock Up 2.4% Shares of NYSE RDDT opened at $185.93 on Wednesday. The company has a market cap of $35.79 billion, a P/E ratio of 53.12 and a beta of 1.93. Reddit Inc. has a 52 week low of $119.27 and a 52 week high of $282.95. The business has a 50-day simple moving average of $173.90 and a two-hundred day simple moving average of $168.62.
Reddit (NYSE:RDDT – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.39. The company had revenue of $663.41 million during the quarter, compared to analyst estimates of $607.74 million. Reddit had a net margin of 28.60% and a return on equity of 25.48%. Reddit’s revenue was up 69.1% compared to the same quarter last year. During the same period last year, the business earned $0.13 earnings per share. Equities research analysts anticipate that Reddit Inc. will post 4.85 EPS for the current year.
Insiders Place Their Bets In other news, CEO Steve Ladd Huffman sold 18,000 shares of the company’s stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $173.13, for a total value of $3,116,340.00. Following the transaction, the chief executive officer owned 373,814 shares of the company’s stock, valued at approximately $64,718,417.82. This represents a 4.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Michelle Marie Reynolds sold 808 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $200.00, for a total value of $161,600.00. Following the completion of the sale, the chief accounting officer owned 15,060 shares in the company, valued at $3,012,000. This trade represents a 5.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 169,141 shares of company stock worth $28,680,845 in the last three months. 28.48% of the stock is currently owned by corporate insiders.
Reddit Company Profile (Free Report)
Reddit is an online social news aggregation, discussion and content-sharing platform organized around user-created communities called “subreddits,” each focused on a particular topic or interest. Registered users submit links, text posts, images and video, and community members vote and comment to surface popular content. The site is accessed via its web platform and mobile apps for iOS and Android, and it supports live events such as Ask Me Anything (AMA) sessions and community-driven discussions.
Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit is headquartered in San Francisco and serves a global audience with particularly large user bases in the United States and other English-speaking markets.
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Earnings Preview & HistoryReddit is scheduled to report second-quarter earnings on July 30. The company is expected to report earnings per share of 97 cents along with revenue of $732.82 million. For the prior quarter, Reddit reported earnings per share of $1.01, beating the consensus estimate of 58 cents. The company also posted revenue of $663.41 million, exceeding the consensus estimate of $609.04 million.
Reddit has beaten EPS estimates in eight consecutive quarters. Over the last four quarters, the company has averaged an EPS surprise of 0.74% and a revenue surprise of 0.10%.
A Mixed Technical Picture Ahead of EarningsReddit is trading 6.1% below its 20-day SMA ($185.96), which tells you the stock has been losing short-term trend support and is now trying to stabilize after a pullback. At the same time, it’s still 1% above its 50-day SMA ($172.99) and 9.3% above its 100-day SMA ($159.74), so the intermediate trend hasn’t fully rolled over yet.
RSI is the cleaner momentum read right now: at 51.01, it’s neutral, suggesting the stock isn’t stretched enough to be "washed out," but it’s also not showing the kind of strong upside pressure that typically powers breakouts. In plain English, RSI helps gauge whether buying or selling has gotten overdone, and this reading points to a market that’s more balanced than emotional.
The moving-average structure is mixed: the 20-day SMA is above the 50-day SMA (a bullish short-term alignment), but the death cross from March (50-day SMA below the 200-day SMA) is still a longer-term caution flag. That combination often produces choppy trading where rallies can fade quickly unless price can reclaim the longer moving averages.
Key Resistance: $187.50 — close to the 20-day SMA/EMA area where recent bounces can run into supply Key Support: $158.50 — a nearby downside level to watch if the stock loses the 100-day SMA and sellers press the May swing-low zone Analyst Consensus & Recent Actions The stock carries a Buy rating with an average price forecast of $230.41. Recent analyst moves include:
Wedbush: Outperform (Target $250.00) (July 16) Wells Fargo: Equal-Weight (Raises Target to $187.00) (July 7) Needham: Buy (Maintains Target $300.00) (June 24) Benzinga Edge RankingsBelow is the Benzinga Edge scorecard for Reddit, highlighting its strengths and weaknesses compared to the broader market:
The Verdict: Reddit’s Benzinga Edge signal reveals a growth-heavy profile, with strong growth characteristics but a weak value setup. With momentum sitting in the middle, the next directional push likely depends on whether the stock can reclaim key moving averages ahead of earnings.
Reddit Shares PlummetRDDT Price Action: At the time of publication, Reddit shares are trading 5.69% lower at $175.26, 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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GE Vernova zvýšila celoroční výhled tržeb na 45,5–46,5 miliardy USD díky silné poptávce po elektřině a růstu objednávek. Zároveň očekává, že cla v roce 2026 zvýší náklady o 100–200 milionů USD.
GE Vernova's logo during the CERAWeek energy conference 2026 in Houston, Texas, U.S., March 24, 2026. REUTERS/Danielle Villasana Purchase Licensing Rights, opens new tab
CompaniesJuly 22 (Reuters) - GE Vernova (GEV.N), opens new tab said on Wednesday global tariffs would increase its costs by about $100 million to $200 million in 2026, after the company narrowly missed estimates for second-quarter core profit.
The expected cost increase reflects contract protections and some cost recovery efforts, though the tariff burden underscores the pressure on manufacturers navigating global trade barriers.
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GE Vernova shares were down 8% in premarket trading.
The Cambridge, Massachusetts-based company reported adjusted core earnings of $1.25 billion for the quarter, missing analysts' estimates of $1.28 billion, according to LSEG data.
Its wind business continued to lag its faster-growing Power and Electrification segments, as weaker onshore equipment deliveries and higher offshore wind project costs weighed on results.
Revenue from the wind segment fell about 10% to $2.03 billion, while its core loss widened to about $275 million.
POWER DEMAND DRIVES OUTLOOK UPGRADEThe company raised its 2026 revenue forecast for a second consecutive quarter, helped by strong power demand and rising orders.
It now expects $45.5 billion-$46.5 billion, up from $44.5 billion-$45.5 billion.
GE Vernova reported $24.2 billion in orders in the second quarter, compared with $12.4 billion a year earlier.
U.S. power consumption is forecast to rise in 2026 and 2027 as data center expansion and electrification drive demand, with commercial-sector demand expected to outpace residential this year.
It also raised its annual free cash flow forecast to $11.5 billion-$12.5 billion from its previous range of $6.5 billion-$7.5 billion.
The electrification unit reported a core profit of $671 million, up from $314 million a year ago, while the power unit posted $1.03 billion, nearly a 31.3% rise.
Reporting by Sumit Saha in Bengaluru; Editing by Vijay Kishore, Jonathan Ananda and Tasim Zahid
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Garmin oznámil akvizici platforem TrainingPeaks a TrainHeroic pro sportovce a trenéry. Transakce posílí jeho fitness ekosystém a rozšíří koučovací služby.
Acquisition enhances Garmin's athlete and coaching experiences
, /PRNewswire/ -- Garmin Ltd. (NYSE: GRMN) today announced it has acquired the TrainingPeaks and TrainHeroic training platforms for athletes and coaches. The acquisition strengthens Garmin's fitness ecosystem with customizable coaching experiences for endurance, strength and performance-focused athletes across every stage of their fitness journey.
Garmin has acquired the TrainingPeaks and TrainHeroic platforms to enhance its fitness ecosystem with customizable coaching experiences for endurance, strength and performance-based athletes. "TrainingPeaks and TrainHeroic share Garmin's passion for empowering athletes and coaches around the world with world-class training tools, performance metrics and actionable insights. The addition of these highly successful platforms to the Garmin ecosystem will expand access to more authentic coaching experiences—connecting athletes with professional coaches who guide, motivate and inspire them to reach their goals."
–Brad Trenkle, Garmin Co-Chief Operating Officer
"We're thrilled to join forces with Garmin to advance our shared mission of empowering coaches and athletes with science-based training. For over a decade, we've worked together to democratize coaching and performance insights, helping millions of athletes reach their peak through data-driven, structured training."
–Andy Stephens, CEO of Peaksware Holdings, parent company of TrainingPeaks and TrainHeroic
TrainingPeaks and TrainHeroic are digital services specializing in connecting coaches and athletes of all abilities who are looking to improve. Headquartered in Louisville, Colo., 120 combined associates from TrainingPeaks and TrainHeroic will join Garmin's global workforce. Financial terms of the acquisition will not be disclosed.
Engineered on the inside for life on the outside, Garmin products have revolutionized the aviation, automotive, fitness, marine and outdoor markets. Dedicated to helping people make the most of the time they spend pursuing their passions, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. Visit the Garmin Newsroom, email our media team, connect with @garmin on social, or follow our blog.
About Garmin Ltd. Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.
Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 27, 2025, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). Copies of such Form 10-K are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
MEDIA CONTACT:
Krista Klaus
913-397-8200
[email protected]
Rogers Communications vyhlásila čtvrtletní dividendu 50 centů na akcii pro své akcie třídy A i B. Výplata bude provedena 2. října 2026, rozhodný den je 8. září 2026.
October 2, 2026 payment date following September 8, 2026 record date July 22, 2026 07:00 ET | Source: Rogers Communications, Inc.
TORONTO, July 22, 2026 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“Rogers”) announced that a quarterly dividend totaling 50 cents per share (the “Quarterly Dividend”) has been declared on each of its outstanding Class B Non-Voting shares and Class A Voting shares.
The declared Quarterly Dividend will be paid October 2, 2026 to shareholders of record on September 8, 2026. Such quarterly dividends are only payable as and when declared by Rogers’ Board and there is no entitlement to any dividend prior thereto.
About Rogers Communications Inc:
Rogers is Canada’s communications, sports and entertainment company and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more information, please visit rogers.com or about.rogers.com/investor-relations.
For further information:
Investor Relations
1-844-801-4792 [email protected]
Rogers Communications ve 2. čtvrtletí zvýšila tržby ze služeb o 8 % na 5,1 miliardy CAD a upravený EBITDA o 3 % na 2,4 miliardy CAD. Zároveň oznámila dohodu o koupi zbývajícího 25% podílu v MLSE za 4,35 miliardy CAD.
Rogers reports strong growth in consolidated service revenue and adjusted EBITDA, alongside decline in capital intensity strengthening free cash flow; company completes next stage of sports monetization strategy with agreement to buy remaining 25% minority stake in iconic Maple Leaf Sports & Entertainment (MLSE)
Total service revenue up 8% to $5.1 billion; adjusted EBITDA up 3% to $2.4 billionFree cash flow of $1.0 billion, up 6%Capital intensity improves 350 basis points to 12.4%, lowest capital intensity ratio since the first quarter of 2008Expects remaining minority stake purchase of MLSE to close in the fourth quarter Delivers adjusted EBITDA growth in Wireless and Cable; robust base management performance drives notable churn reduction while adding 57,000 combined mobile phone and retail Internet net additions
Wireless service revenue stable; adjusted EBITDA up 1% with adjusted EBITDA margin up 70 basis points to 66%Cable service revenue and adjusted EBITDA both up 1% with adjusted EBITDA margin up 10 basis points to 58%Postpaid mobile phone churn of 0.94%, mobile phone ARPU of $54.25Added 40,000 mobile phone net additions, including 22,000 postpaidRetail Internet net additions of 17,000 Robust sports and media financial results, agreement to purchase remaining minority stake in MLSE position company well for intended sports monetization opportunity
Revenue of $1.2 billion, up 53%; organic sports and media revenue up 13% excluding impact from MLSEAdjusted EBITDA of $69 million, an improvement of $61 millionFollowing close of minority stake purchase, investors to be offered minority stake in the consolidated Rogers world-class sports and media holdings to unlock significant value for company Company reaffirms its 2026 outlook
Total service revenue growth of 3% to 5%, adjusted EBITDA growth of 1% to 3%, capital expenditures of $2.5 billion to $2.7 billion, and free cash flow of $4.1 billion to $4.3 billion TORONTO, July 22, 2026 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI) today announced its unaudited financial and operating results for the second quarter ended June 30, 2026.
"Our second quarter results reflect strong execution, delivering growth across our three lines of business," said Tony Staffieri, President and CEO. "We’re excited to bring together Canada's premier communications company with one of the world's premier sports and entertainment organizations and unlock long-term value for our shareholders."
Consolidated Financial Highlights
(In millions of Canadian dollars, except per share amounts, unaudited)Three months ended June 30
Six months ended June 30 2026
2025
% Chg 2026
2025
% Chg
Total revenue5,615 5,216 8 11,097 10,192 9 Total service revenue5,055 4,668 8 9,967 9,115 9 Adjusted EBITDA12,442 2,362 3 4,806 4,616 4 Net (loss) income(665)148 n/m (183)428 n/m Net (loss) income attributable to RCI shareholders(726)157 n/m (288)437 n/m Adjusted net income1633 632 —
1,183 1,175 1 Adjusted net income attributable to RCI shareholders1640 620 3 1,190 1,163 2 Diluted (loss) earnings per share attributable to RCI shareholders($1.37)$0.29 n/m ($0.55)0.79 n/m Adjusted diluted earnings per share attributable to RCI shareholders1$1.15 $1.14 1 $2.17 2.14 1 Cash provided by operating activities1,517 1,596 (5)3,012 2,892 4 Free cash flow1982 925 6 1,758 1,511 16 n/m - not meaningful
_______________________________________
1 Adjusted EBITDA is a total of segments measure. Free cash flow is a capital management measure. Capital intensity and Wireless mobile phone ARPU are supplementary financial measures. Adjusted diluted earnings per share is a non-GAAP ratio. Adjusted net income and adjusted net income attributable to RCI shareholders (a component of adjusted diluted earnings per share) are non-GAAP financial measures. See "Non-GAAP and Other Financial Measures" in our Q2 2026 Management's Discussion and Analysis (MD&A), available at www.sedarplus.ca, and this earnings release for more information about each of these measures. These are not standardized financial measures under International Financial Reporting Standards (IFRS) and might not be comparable to similar financial measures disclosed by other companies.
Strategic Highlights
The five objectives set out below guide our work and decision-making as we further improve our operational execution and make well-timed investments to grow our core businesses and deliver increased shareholder value. Below are some highlights for the quarter.
Build the biggest and best networks in the country
Ranked best 5G+ network in Canada by umlaut in June 2026, a global leader in independent network performance benchmarking.Expanded satellite-to-mobile coverage to the US for roaming customers, providing the most coverage in Canada and the US of any Canadian wireless service provider.Deployed cloud-native network technology as an additional layer of mobile network resilience with Nokia and AWS – a global first.Invested $27 million to upgrade Canada’s best 5G+ network at stadiums and fan zones in Toronto and Vancouver, host cities for the FIFA World Cup. Deliver easy to use, reliable products and services
Expanded Rogers Xfinity Multiview to allow viewers to watch four live events at once.Delivered new 5G+ plans with premium features, including industry‑first Priority Network Access.Launched Rogers Red Partner, an integrated point-of-sale and credit card program for small- and medium-sized businesses. Be the first choice for Canadians
More Canadians continued to choose Rogers Wireless and Internet over any other provider.Attracted attendance over 95% of capacity for Toronto Blue Jays games at Rogers Centre, the best second quarter attendance since 1994.Reached 24 million Canadians throughout the 2026 Stanley Cup Playoffs on Sportsnet.Secured the #1 Canadian conventional English-language drama for the third consecutive year with Law & Order Toronto: Criminal Intent. Be a strong national company investing in Canada
Invested $695 million in capital expenditures.Launched "The 5.2 Project" as part of our Screen Break program to help Canadian youth balance their screen time.Named one of Canada’s Greenest Employers for the eleventh consecutive year by Mediacorp Canada Inc.Announced a new long-term agreement renewing Rogers as a partner of Toronto Pearson Airport. Be the growth leader in our industry
Grew total service revenue by 8% and adjusted EBITDA by 3%.Generated strong free cash flow of $982 million and cash flow from operating activities of $1,517 million. Update on sports and entertainment assets
On July 6, 2026, we announced we had entered into an agreement to acquire the remaining 25% ownership interest in MLSE from Kilmer Sports Inc. for $4.35 billion in cash (MLSE minority interest acquisition), which we intend to fund through existing and new short-term credit facilities. Upon completion of this transaction, we will own 100% of MLSE. This transaction is subject to league approvals and is expected to close in the fourth quarter. As a result of this agreement, we have recognized a loss related to the MLSE put liability (see "Review of Consolidated Performance" for more information).
MLSE owns the Toronto Maple Leafs (NHL), Toronto Raptors (NBA), Toronto FC (MLS), Toronto Argonauts (CFL), various minor league teams, and associated real estate holdings, including Scotiabank Arena. MLSE also holds interests in certain entities that are complementary to its sports and events businesses. Following completion of this transaction, MLSE will become a wholly owned subsidiary of Rogers, further enhancing our sports and entertainment portfolio, which also includes the Toronto Blue Jays, Rogers Centre, and Sportsnet.
Following the close of the above transaction, we intend to pursue the sale of a minority interest in our consolidated sports, media, and entertainment assets (Rogers Sports) to third-party investors over the next year. We expect this will unlock significant value for Rogers.
Quarterly Financial Highlights
Revenue
Total revenue and total service revenue increased by 8% this quarter, primarily as a result of revenue growth in Media and Cable.
Wireless service revenue this quarter was in line with the prior year as the impact of the cumulative addition of new customers was offset by a decline in mobile phone ARPU. Wireless equipment revenue increased by 2%, primarily as a result of a continued shift in the product mix towards higher-value devices.
Cable service revenue increased by 1% this quarter, primarily as a result of retail Internet subscriber growth and base management activities. Excluding the impact of the sale of our customer-facing data centre business in 2025, Cable service revenue would have increased by 2% this quarter.
Media revenue increased by 53% this quarter, primarily as a result of revenue from MLSE following the July 1, 2025 closing of the MLSE Transaction.
Adjusted EBITDA and margins
Consolidated adjusted EBITDA increased 3% this quarter, primarily as a result of EBITDA growth in Media, and our adjusted EBITDA margin decreased by 180 basis points.
Wireless adjusted EBITDA increased by 1%, primarily as a result of higher equipment margins. This gave rise to an adjusted EBITDA margin of 66%, up 70 basis points.
Cable adjusted EBITDA increased by 1% due to the flow-through impact of higher revenue, as discussed above. This gave rise to an adjusted EBITDA margin of 58%, up 10 basis points. Excluding the impact of the sale of our customer-facing data centre business in 2025, Cable adjusted EBITDA would have increased by 2% this quarter.
Media adjusted EBITDA increased by $61 million this quarter, primarily due to the aforementioned revenue impacts and associated costs.
Net loss and adjusted net income
There was a net loss of $665 million this quarter as a result of the $1,034 million non-cash loss on revaluation of the MLSE put liability (see "Update on sports and entertainment assets"). Adjusted net income this quarter was in line with the prior year, as higher adjusted EBITDA was offset by higher depreciation and amortization and higher finance costs.
Cash flow, available liquidity, and returns to shareholders
This quarter, we generated cash provided by operating activities of $1,517 million (2025 - $1,596 million), which decreased as a result of higher net investment in net operating assets and liabilities partially offset by higher adjusted EBITDA, and free cash flow of $982 million (2025 - $925 million), which increased primarily as a result of lower capital expenditures and higher adjusted EBITDA, partially offset by distributions to non-controlling interests. Our free cash flow generation is expected to further strengthen our balance sheet over time through accelerated repayment of debt.
As at June 30, 2026, we had $6.1 billion of available liquidity2 (December 31, 2025 - $5.9 billion), reflecting $1.7 billion in cash and cash equivalents and $4.4 billion available under our bank and other credit facilities.
Our debt leverage ratio2 was 3.8 as at June 30, 2026 (December 31, 2025 - 4.0, or 3.92 on an adjusted basis to include trailing 12-month adjusted EBITDA of a combined Rogers and MLSE as if the MLSE Transaction had closed at the beginning of the trailing 12-month period). See "Financial Condition" for more information.
We also returned $270 million in dividends to shareholders this quarter and we declared a $0.50 per share dividend on July 21, 2026.
________________________________________
2 Available liquidity and debt leverage ratio are capital management measures. Pro forma debt leverage ratio is a non-GAAP ratio. Pro forma trailing 12-month adjusted EBITDA is a non-GAAP financial measure and is a component of pro forma debt leverage ratio. See "Non-GAAP and Other Financial Measures" and "Financial Condition" in our Q2 2026 Management's Discussion and Analysis (MD&A), available at www.sedarplus.ca, and "Non-GAAP and Other Financial Measures" in this earnings release for more information about these measures. These are not standardized financial measures under IFRS and might not be comparable to similar financial measures disclosed by other companies. See "Financial Condition" in our Q2 2026 MD&A for a reconciliation of available liquidity.
About this Earnings Release
This earnings release contains important information about our business and our performance for the three and six months ended June 30, 2026 and forward-looking information (see "About Forward-Looking Information") about future periods. This earnings release should be read in conjunction with our Second Quarter 2026 Interim Condensed Consolidated Financial Statements (Second Quarter 2026 Interim Financial Statements) and notes thereto, which have been prepared in accordance with International Accounting Standard 34, Interim Financial Reporting, as issued by the International Accounting Standards Board (IASB); our Second Quarter 2026 MD&A; our 2025 Annual MD&A; our 2025 Annual Audited Consolidated Financial Statements and notes thereto, which have been prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the IASB; and our other recent filings with Canadian and US securities regulatory authorities, including our Annual Information Form, which are available on SEDAR+ at sedarplus.ca or EDGAR at sec.gov.
For more information about Rogers, including product and service offerings, competitive market and industry trends, our overarching strategy, key performance drivers, and objectives, see "Understanding Our Business", "Corporate Overview", and "Delivering on our Priorities" in our 2025 Annual MD&A.
References to the Shaw Transaction are to our acquisition of Shaw Communications Inc. (Shaw) on April 3, 2023 (see "Shaw Transaction" in our 2023 Annual MD&A and our 2023 Annual Audited Consolidated Financial Statements). References to the MLSE Transaction are to our acquisition of BCE Inc.'s (Bell) indirect 37.5% interest in Maple Leaf Sports & Entertainment Ltd. (MLSE) on July 1, 2025 (see "MLSE Transaction" in our 2025 Annual MD&A and our 2025 Annual Audited Consolidated Financial Statements). References to the "network transaction" are to our sale of a non-controlling interest in Backhaul Network Services Inc. (BNSI), a Canadian subsidiary of Rogers that owns a minor part of our wireless network (see "Subsidiary Equity Investment" in our 2025 Annual MD&A and our 2025 Annual Audited Consolidated Financial Statements).
We, us, our, Rogers, Rogers Communications, and the Company refer to Rogers Communications Inc. and its subsidiaries. RCI refers to the legal entity Rogers Communications Inc., not including its subsidiaries. Rogers also holds interests in various investments and ventures.
All dollar amounts in this earnings release are in Canadian dollars unless otherwise stated and are unaudited. All percentage changes are calculated using the rounded numbers as they appear in the tables. This earnings release is current as at July 21, 2026 and was approved by the Audit and Risk Committee of RCI's Board of Directors (the Board) on that date.
In this earnings release, this quarter, the quarter, or second quarter refer to the three months ended June 30, 2026, the first quarter refers to the three months ended March 31, 2026, and year to date refers to the six months ended June 30, 2026, unless the context indicates otherwise. All results commentary is in descending order of magnitude and is compared to the equivalent period in 2025 or as at December 31, 2025, as applicable, unless otherwise indicated.
Reportable segments
We report our results of operations in three reportable segments. Each segment and the nature of its business is as follows:
SegmentPrincipal activitiesWirelessWireless telecommunications operations for Canadian consumers, businesses, the public sector, and wholesale providers.CableCable telecommunications operations, including Internet, television and other video (Video), Satellite, telephony (Home Phone), and home monitoring services for Canadian consumers and businesses, and network connectivity through our fibre network to support a range of voice, data, networking, hosting, and cloud-based services for the business, public sector, and carrier wholesale markets.MediaA diversified portfolio of media properties, including sports media and entertainment, sports team ownership, television and radio broadcasting, specialty channels, and digital media.
Wireless and Cable are operated by our wholly owned subsidiary, Rogers Communications Canada Inc. (RCCI), and certain other subsidiaries. Media is operated by our wholly owned subsidiary, Rogers Media Inc., its subsidiaries, and MLSE. Effective July 2025, TSC was transferred from the Media reportable segment to Corporate Items, consistent with changes to its management structure. Comparative results have been recast to reflect this change, with no impact on consolidated results.
Summary of Consolidated Financial Results
Three months ended June 30
Six months ended June 30
(In millions of dollars, except margins and per share amounts)2026
2025
% Chg 2026
2025
% Chg Revenue Wireless2,540 2,540 — 5,131 5,084 1 Cable1,984 1,968 1 3,932 3,903 1 Media1,155 757 53 2,143 1,299 65 Corporate items and intercompany eliminations(64)(49)31 (109)(94)16 Revenue5,615 5,216 8 11,097 10,192 9 Total service revenue15,055 4,668 8 9,967 9,115 9 Adjusted EBITDA Wireless1,313 1,305 1 2,636 2,616 1 Cable1,158 1,147 1 2,280 2,255 1 Media69 8 n/m 69 (55)n/m Corporate items and intercompany eliminations(98)(98)— (179)(200)(11)Adjusted EBITDA2,442 2,362 3 4,806 4,616 4 Adjusted EBITDA margin243.5%45.3%(1.8 pts)43.3%45.3%(2.0 pts) Net (loss) income(665)148 n/m (183)428 n/m Net (loss) income attributable to RCI shareholders(726)157 n/m (288)437 n/m (Loss) earnings per share attributable to RCI shareholders: Basic($1.34)$0.29 n/m ($0.53)$0.81 n/m Diluted($1.37)$0.29 n/m ($0.55)$0.79 n/m Adjusted net income2633 632 — 1,183 1,175 1 Adjusted net income attributable to RCI shareholders2640 620 3 1,190 1,163 2 Adjusted earnings per share attributable to RCI shareholders2: Basic$1.19 $1.15 3 $2.20 $2.16 2 Diluted$1.15 $1.14 1 $2.17 $2.14 1 Capital expenditures695 831 (16)1,503 1,809 (17)Cash provided by operating activities1,517 1,596 (5)3,012 2,892 4 Free cash flow982 925 6 1,758 1,511 16 1 As defined. See "Key Performance Indicators".
2 Adjusted EBITDA margin is a supplementary financial measure. Adjusted basic and adjusted diluted earnings per share attributable to RCI shareholders are non-GAAP ratios (of which adjusted net income attributable to RCI shareholders is a component). These are not standardized financial measures under IFRS and might not be comparable to similar financial measures disclosed by other companies. See "Non-GAAP and Other Financial Measures" in our Q2 2026 MD&A for more information about each of these measures, available at www.sedarplus.ca.
Results of our Reportable Segments
WIRELESS
Wireless Financial Results
Three months ended June 30
Six months ended June 30
(In millions of dollars, except margins)2026
2025
% Chg 2026
2025
% Chg Revenue Service revenue from external customers1,954 1,972 (1)3,951 3,975 (1)Service revenue from internal customers36 27 33 70 50 40 Service revenue1,990 1,999 — 4,021 4,025 — Equipment revenue from external customers550 541 2 1,110 1,059 5 Revenue2,540 2,540 — 5,131 5,084 1 Operating costs Cost of equipment503 528 (5)1,044 1,036 1 Other operating costs724 707 2 1,451 1,432 1 Operating costs1,227 1,235 (1)2,495 2,468 1 Adjusted EBITDA1,313 1,305 1 2,636 2,616 1 Adjusted EBITDA margin166.0%65.3%0.7 pts 65.6%65.0%0.6 pts Capital expenditures188 365 (48)467 772 (40) 1 Calculated using service revenue.
Wireless Subscriber Results 1
Three months ended June 30
Six months ended June 30
(In thousands, except churn and mobile phone ARPU)2026
2025
Chg 2026
2025
Chg Postpaid mobile phone Gross additions333 362 (29)762 699 63 Net additions22 35 (13)50 46 4 Total postpaid mobile phone subscribers211,045 10,910 135 11,045 10,910 135 Churn (monthly)0.94%1.00%(0.06 pts) 1.08%1.01%0.07 pts Prepaid mobile phone Gross additions199 135 64 348 267 81 Net additions18 26 (8)23 49 (26)Total prepaid mobile phone subscribers21,223 1,160 63 1,223 1,160 63 Churn (monthly)5.01%3.23%1.78 pts 4.52%3.28%1.24 pts Mobile phone ARPU (monthly)3$54.25 $55.45 ($1.20)$54.94 $56.24 ($1.30) 1 Subscriber counts and subscriber churn are key performance indicators. See "Key Performance Indicators".
2 As at end of period.
3 Mobile phone ARPU is a supplementary financial measure. See "Non-GAAP and Other Financial Measures" in our Q2 2026 MD&A for more information about this measure, available at www.sedarplus.ca.
Service revenue
Service revenue this quarter and year to date were in line with the prior year as the cumulative addition of new customers was offset by a decline in mobile phone ARPU as a result of the cumulative impact of competitive intensity.
The decreases in postpaid gross and net additions this quarter were a result of the overall slowing of population growth in Canada. The increases in postpaid gross and net additions year to date were a result of sales execution in a highly promotional and competitive Canadian market in the first quarter of 2026.
Equipment revenue
The 2% increase in equipment revenue this quarter and 5% increase year to date were primarily a result of:
a continued shift in the product mix towards higher-value devices; partially offset bya decrease in new subscribers purchasing devices. The increase year to date was also affected by higher device upgrades by existing customers.
Operating costs
Cost of equipment
The 5% decrease in the cost of equipment this quarter and 1% increase year to date were a result of the equipment revenue changes discussed above.
Other operating costs
The 2% increase in other operating costs this quarter and 1% increase year to date were a result of:
costs associated with our new satellite-to-mobile product offering; andhigher costs associated with marketing and advertising initiatives. Adjusted EBITDA
The 1% increases in adjusted EBITDA this quarter and year to date were a result of the revenue and expense changes discussed above.
CABLE
Cable Financial Results
Three months ended June 30
Six months ended June 30
(In millions of dollars, except margins)2026
2025
% Chg 2026
2025
% Chg Revenue Service revenue from external customers1,952 1,944 — 3,874 3,851 1 Service revenue from internal customers22 17 29 38 34 12 Service revenue1,974 1,961 1 3,912 3,885 1 Equipment revenue from external customers10 7 43 20 18 11 Revenue1,984 1,968 1 3,932 3,903 1 Operating costs826 821 1 1,652 1,648 — Adjusted EBITDA1,158 1,147 1 2,280 2,255 1 Adjusted EBITDA margin58.4%58.3%0.1 pts 58.0%57.8%0.2 pts Capital expenditures367 404 (9)775 850 (9)
Cable Subscriber Results 1
Three months ended June 30
Six months ended June 30
(In thousands, except ARPA and penetration)2026
2025
Chg 2026
2025
Chg Homes passed210,624 10,354 270 10,624 10,354 270 Customer relationships Net additions9 16 (7)6 20 (14)Total customer relationships24,862 4,825 37 4,862 4,825 37 ARPA (monthly)3$135.49 $135.74 ($0.25)$134.32 $136.59 ($2.27) Penetration245.8%46.6%(0.8 pts) 45.8%46.6%(0.8 pts) Retail Internet Net additions17 26 (9)24 49 (25)Total retail Internet subscribers24,521 4,446 75 4,521 4,446 75 Video Net losses(22)(25)3 (54)(57)3 Total Video subscribers22,449 2,560 (111)2,449 2,560 (111)Home Monitoring Net additions1 3 (2)5 8 (3)Total Home Monitoring subscribers2158 141 17 158 141 17 Home Phone Net losses(26)(29)3 (56)(55)(1)Total Home Phone subscribers21,333 1,452 (119)1,333 1,452 (119) 1 Subscriber results are key performance indicators. See "Key Performance Indicators".
2 As at end of period.
3 ARPA is a supplementary financial measure. See "Non-GAAP and Other Financial Measures" in our Q2 2026 MD&A for more information about this measure, available at www.sedarplus.ca.
Service revenue
The 1% increases in service revenue this quarter and year to date were a result of:
retail Internet subscriber growth; andbase management activities, including adjustments to subscriber rates and bundled service offerings; partially offset bydeclines in our Home Phone and Video subscriber bases. Excluding the impact of the sale of our customer-facing data centre business in 2025, Cable service revenue would have increased by 2% this quarter and year to date.
Operating costs
The 1% increase in operating costs this quarter was a result of:
increased licensing rights associated with changes to our bundled service offerings; partially offset byother efficiency and productivity initiatives. Operating costs for the year to date were stable.
Adjusted EBITDA
The 1% increases in adjusted EBITDA this quarter and year to date were a result of the service revenue and expense changes discussed above. Excluding the impact of the sale of our customer-facing data centre business in 2025, Cable adjusted EBITDA would have increased by 2% this quarter and year to date.
MEDIA
Media Financial Results
Three months ended June 30
Six months ended June 30
(In millions of dollars, except margins)2026
2025
% Chg
2026
2025
% Chg Revenue from external customers1,075 679 58 1,991 1,142 74 Revenue from internal customers80 78 3 152 157 (3)Revenue1,155 757 53 2,143 1,299 65 Operating costs1,086 749 45 2,074 1,354 53 Adjusted EBITDA69 8 n/m 69 (55)n/m Adjusted EBITDA margin6.0%1.1%4.9 pts
3.2%(4.2)%7.4 pts Capital expenditures43 26 65 119 61 95
Revenue
The 53% increase in revenue this quarter and 65% increase year to date were a result of:
approximately $0.31 billion and $0.79 billion in revenue from the consolidation of MLSE beginning in the second half of 2025, respectively; andexcluding the consolidation of MLSE, organic growth of 13% and 6%, respectively, substantially reflects higher Toronto Blue Jays revenue, primarily driven by higher game day attendance and sponsorships. Higher subscriber revenue from the Warner Bros. Discovery suite of channels substantially offset lower advertising revenue, primarily as a result of lower participation by Canadian teams in the NHL playoffs and ongoing softness in media advertising. Operating costs
The $337 million (45%) increase in operating costs this quarter and $720 million (53%) increase year to date were a result of:
approximately $0.23 billion and $0.64 billion of increased costs from the consolidation of MLSE; andthe combined effect of higher player salaries and other game day costs at the Toronto Blue Jays and higher programming costs. Adjusted EBITDA
The increases in adjusted EBITDA this quarter and year to date were a result of the revenue and expense changes discussed above.
CAPITAL EXPENDITURES
Three months ended June 30
Six months ended June 30
(In millions of dollars, except capital intensity)2026
2025
% Chg 2026
2025
% Chg Wireless188 365 (48)467 772 (40)Cable367 404 (9)775 850 (9)Media43 26 65 119 61 95 Corporate97 36 169 142 126 13 Capital expenditures1695 831 (16)1,503 1,809 (17) Capital intensity212.4%15.9%(3.5 pts)13.5%17.7%(4.2 pts) 1 Includes additions to property, plant and equipment net of proceeds on disposition and accrued government grants, but does not include expenditures for spectrum licences, additions to right-of-use assets, or assets acquired through business combinations.
2 Capital intensity is a supplementary financial measure. See "Non-GAAP and Other Financial Measures" in our Q2 2026 MD&A for more information about this measure, available at www.sedarplus.ca.
We continue to (i) expand the reach and capacity of our 5G network across the country and (ii) invest in fibre deployments, including fibre-to-the-home (FTTH), in our cable network as we expand our network footprint to reach more homes and businesses, including in rural, remote, and Indigenous communities. These investments are expected to strengthen network resilience and stability and help us bridge the digital divide by expanding our network further into rural and underserved areas through participation in various programs and projects.
In April 2026, we updated our 2026 capital expenditure guidance range (see "Financial Guidance") as a direct reflection of the ongoing impacts from heightened competitive intensity and recent regulatory decisions. Our strategic priorities remain unchanged and our current capital expenditure guidance range continues to support these priorities. We expect to achieve our guidance range through (i) ongoing investments progressing at a slower pace, (ii) the deferral and/or cancellation of certain projects, and (iii) lower capital costs for projects, most predominantly affecting Wireless and Cable.
Wireless
In addition to the above, the decreases in capital expenditures in Wireless this quarter and year to date were due to the impact of $90 million of proceeds received on the sale of certain network assets. We continued to expand and enhance our wireless network through investments in network development and 5G deployment. We are actively deploying advanced spectrum assets, including the ongoing rollout of 3500 MHz spectrum and 3800 MHz spectrum. These investments build on our existing 5G infrastructure in the 600 MHz spectrum band, enabling greater speed, lower latency, and improved reliability for customers across urban and rural areas.
Cable
In addition to the above, the decreases in capital expenditures in Cable this quarter and year to date were a result of customers increasingly choosing to self-install new products. This quarter, we also sold certain cable network assets for $46 million (2025 - $47 million), the proceeds from which reduced capital expenditures. We are growing our network through expanded fibre deployments to increase our FTTH distribution and to extend our service footprint. At the same time, we are enhancing our network by upgrading our DOCSIS 3.1 platform as we transition to DOCSIS 4.0 to improve network resilience, stability, and capacity while delivering faster speeds. As part of this upgrade, we are rolling out mid-split technology (which has a greater number of frequencies than older technology and also allocates a greater number of frequencies to uploading data) in Ontario and Eastern Canada, significantly increasing upload speeds. These advancements leverage the latest technologies to provide greater bandwidth, improved performance, and an enhanced customer experience as we advance our connected home roadmap.
Media
The increases in capital expenditures in Media this quarter and year to date primarily reflect the continued modernization of Rogers Centre and Scotiabank Arena.
Capital intensity
Capital intensity decreased this quarter and year to date as a result of the revenue growth and capital expenditure changes discussed above.
Review of Consolidated Performance
This section discusses our consolidated net income and other income and expenses that do not form part of the segment discussions above.
Three months ended June 30
Six months ended June 30
(In millions of dollars)2026
2025
% Chg 2026
2025
% Chg Adjusted EBITDA2,442 2,362 3 4,806 4,616 4 Deduct (add): Depreciation and amortization1,194 1,184 1 2,415 2,350 3 Restructuring, acquisition and other211 238 (11)260 365 (29)Finance costs565 628 (10)1,008 1,207 (16)Gain on disposition of assets(30)— — (30)— — Other expense (income)1,019 (9)n/m 1,015 (7)n/m Income tax expense148 173 (14)321 273 18 Net (loss) income(665)148 n/m (183)428 n/m
Depreciation and amortization
Three months ended June 30
Six months ended June 30 (In millions of dollars)2026
2025
% Chg
2026
2025
% Chg
Depreciation of property, plant and equipment931 933 — 1,888 1,864 1 Depreciation of right-of-use assets122 113 8 244 211 16 Amortization141 138 2 283 275 3 Total depreciation and amortization1,194 1,184 1 2,415 2,350 3
Restructuring, acquisition and other
Three months ended June 30 Six months ended June 30 (In millions of dollars)2026
2025 2026
2025
Restructuring, acquisition and other excluding Shaw Transaction integration-related costs207 213 245 303 Shaw Transaction integration-related costs4 25 15 62 Total restructuring, acquisition and other211 238 260 365
The restructuring, acquisition and other costs excluding Shaw Transaction integration-related costs in the second quarters of 2025 and 2026 primarily include severance and other departure-related costs associated with the targeted restructuring of our employee base, specifically including $120 million arising from a voluntary departure program in 2026. Year to date, we also incurred costs associated with certain litigation. In 2025, these costs also included costs related to the network transaction, an unfavourable regulatory decision related to retransmission of distant signals, and real estate rationalization programs.
The Shaw Transaction integration-related costs in 2025 and 2026 consisted of incremental costs supporting integration activities related to the Shaw Transaction.
Finance costs
Three months ended June 30
Six months ended June 30
(In millions of dollars)2026
2025
% Chg 2026
2025
% Chg Interest on borrowings, net1502 488 3 984 999 (2)Interest on lease liabilities41 36 14 80 72 11 Interest on post-employment benefits(1)(1)— (3)(3)— Loss (gain) on foreign exchange30 (75)n/m 37 (86)n/m Change in fair value of derivative instruments(23)59 n/m (35)72 n/m Change in fair value of subsidiary equity derivative instruments2(16)93 n/m (121)93 n/m Capitalized interest(8)(8)— (14)(17)(18)Deferred transaction costs and other40 36 11 80 77 4 Total finance costs565 628 (10)1,008 1,207 (16) 1 Interest on borrowings, net includes interest on short-term borrowings and on long-term debt.
2 Reflects the change in fair value of derivatives entered into related to the network transaction (see "Financial Risk Management" in our Q2 2026 MD&A for more information). This amount is removed from the calculation of adjusted net income and adjusted net income attributable to RCI shareholders (see below).
Other expense
The other expense this quarter and year to date primarily reflects a $1,034 million non-cash loss to recognize the change in the fair value of the MLSE put liability from $3.3 billion to $4.35 billion as at June 30, 2026 (see "Update on sports and entertainment assets").
Income tax expense
Three months ended June 30
Six months ended June 30(In millions of dollars, except tax rates)2026
2025
2026
2025
Statutory income tax rate26.2%26.2%26.2%26.2%(Loss) income before income tax expense(517)321 138 701 Computed income tax (recovery) expense(135)84 36 184 Increase (decrease) in income tax expense resulting from: Non-(taxable) deductible stock-based compensation(7)1 (4)(1)Non-(taxable) deductible portion of equity (income) losses(1)1 (3)1 Non-deductible loss on revaluation of MLSE put liability274 — 274 — Non-(taxable) deductible portion of capital (gains) losses(10)44 (10)44 Unrealized capital losses for which no deferred tax asset is recognized19 45 19 45 Other items8 (2)9 — Total income tax expense148 173 321 273 Effective income tax rate(28.6)%
53.9%232.6%38.9%Cash income taxes paid166 126 366 314 Cash income taxes paid increased this quarter and year to date due to timing of installments.
Net (loss) income
Three months ended June 30
Six months ended June 30 (In millions of dollars, except per share amounts)2026
2025 % Chg
2026
2025 % Chg
Net (loss) income(665)148 n/m (183)428 n/m Net (loss) income attributable to RCI shareholders(726)157 n/m (288)437 n/m Basic (loss) earnings per share attributable to RCI shareholders($1.34)$0.29 n/m ($0.53)$0.81 n/m Diluted (loss) earnings per share attributable to RCI shareholders($1.37)$0.29 n/m ($0.55)$0.79 n/m
Adjusted net income
We calculate adjusted net income from adjusted EBITDA as follows:
Three months ended June 30
Six months ended June 30
(In millions of dollars, except per share amounts)2026
2025
% Chg 2026
2025
% Chg
Adjusted EBITDA2,442 2,362 3 4,806 4,616 4 Deduct (add): Depreciation and amortization11,022 972 5 2,062 1,909 8 Finance costs2581 535 9 1,129 1,114 1 Other income3(15)(9)67 (19)(7)171 Income tax expense4221 232 (5)451 425 6 Adjusted net income633 632 — 1,183 1,175 1 Adjusted net income attributable to RCI shareholders640 620 3 1,190 1,163 2 Adjusted earnings per share attributable to RCI shareholders: Basic$1.19 $1.15 3 $2.20 $2.16 2 Diluted$1.15 $1.14 1 $2.17 $2.14 1 1 Depreciation and amortization excludes depreciation and amortization on the fair value increment recognized on acquisition of Shaw Transaction-related property, plant and equipment and intangible assets for the three and six months ended June 30, 2026 of $172 million and $353 million (2025 - $212 million and $441 million). Adjusted net income includes depreciation and amortization on the acquired Shaw property, plant and equipment and intangible assets based on Shaw's historical cost and depreciation policies.
2 Finance costs exclude the $16 million and $121 million (2025 - $93 million and $93 million) change in fair value of subsidiary equity derivative instruments for the three and six months ended June 30, 2026.
3 Other income excludes a $1,034 million non-cash loss on revaluation of the MLSE put liability (see "Update on sports and entertainment assets" for more information).
4 Income tax expense excludes recoveries of $73 million and $130 million (2025 - recoveries of $59 million and $152 million), respectively, for the three and six months ended June 30, 2026 related to the income tax impact for adjusted items.
Regulatory Developments
See "Regulation in our Industry" in our 2025 Annual MD&A for a discussion of the significant regulations that affected our operations as at March 6, 2026. The following are the relevant developments since that date.
Prohibition of Fees
On March 12, 2026, the Canadian Radio‑television and Telecommunications Commission (CRTC) issued Telecom Regulatory Policy CRTC 2026‑43, Prohibition of fees that are a barrier to switching cellphone and Internet plans, regarding fees incurred as a result of activating or modifying telecommunications service plans. The policy amends both the Internet Code and the Wireless Code to add a new definition of "activation or modification fee", which amendments became effective on June 12, 2026. On June 30, 2026, the CRTC issued Notice of Consultation CRTC 2026-155, Show cause and call for comments – Compliance with the prohibition of fees that are a barrier to switching cellphone and Internet plans, requiring each of Rogers, Bell, and Telus Corporation to show cause why certain fees charged by those carriers that the CRTC believes may be in contravention of Telecom Regulatory Policy 2026-43 are not in violation of sections 24 and 27.04 of the Telecommunications Act and Telecom Regulatory Policy 2026-43. Submissions addressing the issues are due to the CRTC by July 30, 2026.
CRTC Codes of Conduct
On April 13, 2026, in Telecom Regulatory Policy CRTC 2026-67, Enhancing customer notifications, the CRTC amended the Wireless Code and the Internet Code to set out what information must be included in notices sent to customers before the end of their contract and to require notifications to customers before the end of a time-limited discount or promotion and when their data usage reaches $50 when roaming internationally. The new requirements will come into effect on April 13, 2027.
Online Streaming Act
On May 21, 2026, the CRTC issued Broadcasting Regulatory Policies CRTC 2026-95 and 2026-96, which introduced (i) a new financial contribution requirement of 1.55% of annual Canadian broadcasting revenues to support a new Services of Exceptional Importance Fund (SEIF) applicable to all broadcasting ownership groups with annual revenues of at least $100 million and (ii) a new Canadian Programming Expenditures (CPE) framework. On June 3, 2026, the Government of Canada directed the CRTC to review its decision to regulate online streamers and Canadian broadcasters and stated it would be issuing new policy directions to the CRTC requiring it to adjust its implementation of the Online Streaming Act.
Updates to Risks and Uncertainties
See "Risk Management" and "Regulation in our Industry" in our 2025 Annual MD&A for a discussion of the principal risks and uncertainties that could have a material adverse effect on our business and financial results as at March 6, 2026, which should be reviewed in conjunction with this earnings release. The following updates and supplements those risks and uncertainties.
Monetization of sports, media, and entertainment assets
We intend to sell a minority interest in Rogers Sports after obtaining a 100% ownership interest in MLSE (see "Update on sports and entertainment assets"). While we believe there is a significant market for these assets, there is no guarantee we will be successful in selling a minority interest, whether at the expected investment amount, within the anticipated timing, or at all. Such a sale would also require approval from the various leagues governing our professional sports teams, which is not guaranteed. We may not proceed with, or complete, any sale of a minority interest in Rogers Sports, whether at the expected investment amount, within the anticipated timing, or at all, due to alternative opportunities or requirements, general economic and market conditions, or other internal or external considerations.
Sports franchises
After obtaining a 100% ownership interest in MLSE (see "Update on sports and entertainment assets"), our exposure to risks associated with owning and operating sports franchises will increase.
Financial Guidance
On April 22, 2026, concurrently with the release of our first quarter 2026 results, we updated our consolidated guidance ranges for select full-year 2026 financial metrics that were originally provided on January 29, 2026 as a direct reflection of the ongoing impacts from heightened competitive intensity and recent regulatory decisions. This press release is available under Rogers' profile on SEDAR+ at sedarplus.ca and on EDGAR at sec.gov.
Key Performance Indicators
We measure the success of our strategy using a number of key performance indicators that are defined and discussed in our 2025 Annual MD&A and this earnings release. We believe these key performance indicators allow us to appropriately measure our performance against our operating strategy and against the results of our peers and competitors. The following key performance indicators, some of which are supplementary financial measures (see "Non-GAAP and Other Financial Measures"), are not measurements in accordance with IFRS. They include:
subscriber counts; Wireless;Cable; andhomes passed (Cable); Wireless subscriber churn (churn);Wireless mobile phone average revenue per user
(ARPU); Cable average revenue per account (ARPA);Cable customer relationships;Cable market penetration (penetration);capital intensity; andtotal service revenue. Non-GAAP and Other Financial Measures
Reconciliation of adjusted EBITDA
Three months ended June 30
Six months ended June 30
(In millions of dollars)2026
2025
2026
2025
Net (loss) income(665)148 (183)428 Add (deduct): Income tax expense148 173 321 273 Finance costs565 628 1,008 1,207 Depreciation and amortization1,194 1,184 2,415 2,350 EBITDA1,242 2,133 3,561 4,258 Add (deduct): Other expense (income)1,019 (9)1,015 (7)Restructuring, acquisition and other211 238 260 365 Gain on disposition of assets(30)— (30)— Adjusted EBITDA2,442 2,362 4,806 4,616
Reconciliation of adjusted net income
Three months ended June 30
Six months ended June 30
(In millions of dollars)2026
2025
2026
2025
Net (loss) income(665)148 (183)428 Add (deduct): Restructuring, acquisition and other211 238 260 365 Change in fair value of subsidiary equity derivative instruments(16)93 (121)93 Depreciation and amortization on fair value increment of Shaw Transaction-related assets172 212 353 441 Loss on revaluation of MLSE put liability1,034 — 1,034 — Gain on disposition of assets(30)— (30)— Income tax impact of above items(73)(59)(130)(152) Adjusted net income633 632 1,183 1,175
Reconciliation of pro forma trailing 12-month adjusted EBITDA
As at
December 31 (In millions of dollars)2025 Trailing 12-month adjusted EBITDA9,820 Add (deduct): MLSE adjusted EBITDA - January to June 2025166 Pro forma trailing 12-month adjusted EBITDA9,986
Reconciliation of adjusted net income attributable to RCI shareholders
Three months ended June 30
Six months ended June 30
(In millions of dollars)2026
2025
2026
2025
Net (loss) income attributable to RCI shareholders(726)157 (288)437 Add (deduct): Restructuring, acquisition and other211 238 260 365 Change in fair value of subsidiary equity derivative instruments(16)93 (121)93 Depreciation and amortization on fair value increment of Shaw Transaction-related assets172 212 353 441 Loss on revaluation of MLSE put liability1,034 — 1,034 — Gain on disposition of assets(30)— (30)— Revaluation of subsidiary US dollar-denominated balances180 (21)131 (21)Income tax impact of above items(85)(59)(149)(152) Adjusted net income attributable to RCI shareholders640 620 1,190 1,163 1 Reflects RCI's share of the impacts of foreign exchange revaluation on US dollar-denominated intercompany balances in BNSI, our non-wholly owned subsidiary formed in connection with the network transaction. These impacts are eliminated on consolidation.
Reconciliation of free cash flow
Three months ended June 30
Six months ended June 30
(In millions of dollars)2026
2025
2026
2025
Cash provided by operating activities1,517 1,596 3,012 2,892 Add (deduct): Capital expenditures(695)(831)(1,503)(1,809)Interest on borrowings, net and capitalized interest(494)(480)(970)(982)Interest paid456 395 1,008 990 Restructuring, acquisition and other211 238 260 365 Program rights amortization(33)(31)(86)(50)Change in net operating assets and liabilities160 28 319 111 Distributions paid by subsidiaries to non-controlling interests(117)— (233)— Net cash proceeds on subsidiary equity derivatives12 — 24 — Post-employment benefit contributions, net of expense(18)(19)(34)(36)Cash flows relating to other operating activities(16)38 (37)35 Other investment income(1)(9)(2)(5) Free cash flow982 925 1,758 1,511 Rogers Communications Inc.
Interim Condensed Consolidated Statements of Income
(In millions of Canadian dollars, except per share amounts, unaudited)
Three months ended June 30
Six months ended June 30
2026
2025
2026
2025
Revenue5,615 5,216 11,097 10,192 Operating expenses: Operating costs3,173 2,854 6,291 5,576 Depreciation and amortization1,194 1,184 2,415 2,350 Restructuring, acquisition and other211 238 260 365 Finance costs565 628 1,008 1,207 Gain on disposition of assets(30)— (30)— Other expense (income)1,019 (9)1,015 (7) (Loss) income before income tax expense(517)321 138 701 Income tax expense148 173 321 273 Net (loss) income for the period(665)148 (183)428 Net (loss) income for the period attributable to: RCI shareholders(726)157 (288)437 Non-controlling interest61 (9)105 (9) (Loss) earnings per share attributable to RCI shareholders: Basic($1.34)$0.29 ($0.53)$0.81 Diluted($1.37)$0.29 ($0.55)$0.79 Rogers Communications Inc.
Interim Condensed Consolidated Statements of Financial Position
(In millions of Canadian dollars, unaudited)
As at
June 30 As at
December 31 2026 2025 Assets Current assets: Cash and cash equivalents1,726 1,344 Accounts receivable5,728 6,105 Inventories553 550 Current portion of contract assets153 151 Other current assets1,341 1,239 Current portion of derivative instruments303 99 Total current assets9,804 9,488 Property, plant and equipment26,286 26,307 Intangible assets28,771 28,898 Investments1,292 1,291 Derivative instruments960 746 Financing receivables1,065 1,198 Other long-term assets2,093 2,052 Goodwill20,032 20,032 Total assets90,303 90,012 Liabilities and equity Current liabilities: Short-term borrowings2,237 4,000 Accounts payable and accrued liabilities4,375 4,831 Other current liabilities4,838 3,831 Contract liabilities952 1,114 Current portion of long-term debt4,855 1,186 Current portion of lease liabilities728 690 Total current liabilities17,985 15,652 Provisions56 55 Long-term debt35,191 35,872 Lease liabilities2,687 2,428 Other long-term liabilities2,063 2,225 Deferred tax liabilities9,471 9,494 Total liabilities67,453 65,726 Equity Equity attributable to RCI shareholders16,559 17,751 Non-controlling interest6,291 6,535 Equity22,850 24,286 Total liabilities and equity90,303 90,012 Rogers Communications Inc.
Interim Condensed Consolidated Statements of Cash Flows
(In millions of Canadian dollars, unaudited)
Three months ended June 30
Six months ended June 30
2026
2025
2026
2025
Operating activities: Net (loss) income for the period(665)148 (183)428 Adjustments to reconcile net income to cash provided by operating activities: Depreciation and amortization1,194 1,184 2,415 2,350 Program rights amortization33 31 86 50 Finance costs565 628 1,008 1,207 Income tax expense148 173 321 273 Post-employment benefits contributions, net of expense18 19 34 36 Income from associates and joint ventures(14)— (17)(2)Gain on disposition of assets(30)— (30)— Loss on revaluation of MLSE put liability1,034 — 1,034 — Other16 (38)37 (35)Cash provided by operating activities before changes in net operating assets and liabilities, income taxes paid, and interest paid2,299 2,145 4,705 4,307 Change in net operating assets and liabilities(160)(28)(319)(111)Income taxes paid(166)(126)(366)(314)Interest paid, net(456)(395)(1,008)(990) Cash provided by operating activities1,517 1,596 3,012 2,892 Investing activities: Capital expenditures(695)(831)(1,503)(1,809)Additions to program rights and other intangible assets(43)(24)(141)(48)Changes in non-cash working capital related to investing activities(83)(68)(195)(56)Acquisitions and other strategic transactions, net of cash acquired— — (85)— Other(6)7 (9)8 Cash used in investing activities(827)(916)(1,933)(1,905) Financing activities: Net proceeds received from (repayment of) short-term borrowings161 (483)(1,791)(1,336)Net (repayment) issuance of long-term debt— (2,178)2,169 424 Net proceeds (payments) on settlement of debt derivatives and subsidiary equity derivatives20 (6)26 77 Transaction costs incurred(2)(61)(29)(99)Principal payments of lease liabilities(141)(134)(297)(267)Dividends paid to RCI shareholders(270)(188)(540)(373)Distributions paid by subsidiaries to non-controlling interests(117)— (233)— Issuance of subsidiary shares to non-controlling interest— 6,656 — 6,656 Other(1)(3)(2)(4) Cash (used in) provided by financing activities(350)3,603 (697)5,078 Change in cash and cash equivalents340 4,283 382 6,065 Cash and cash equivalents, beginning of period1,386 2,680 1,344 898 Cash and cash equivalents, end of period1,726 6,963 1,726 6,963 About Forward-Looking Information
This earnings release includes "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws (collectively, "forward-looking information"), and assumptions about, among other things, our business, operations, and financial performance and condition approved by our management on the date of this earnings release. This forward-looking information and these assumptions include, but are not limited to, statements about our objectives and strategies to achieve those objectives, and about our beliefs, plans, expectations, anticipations, estimates, or intentions.
Forward-looking information
typically includes words like could, expect, may, anticipate, assume, believe, intend, estimate, plan, project, guidance, outlook, target, and similar expressions;includes conclusions, forecasts, and projections that are based on our current objectives and strategies and on estimates, expectations, assumptions, and other factors that we believe to have been reasonable at the time they were applied but may prove to be incorrect; andwas approved by our management on the date of this earnings release. Our forward-looking information in this earnings release includes forecasts and projections related to the following items, among others:
revenue;total service revenue;adjusted EBITDA;capital expenditures;cash income tax payments;free cash flow (including its application to strengthen our balance sheet through accelerated debt repayment);dividend payments;the growth of new products and services;expected growth in subscribers and the services to which they subscribe; the cost of acquiring and retaining subscribers and deployment of new services;continued cost reductions and efficiency improvements;our debt leverage ratio and how we intend to manage that ratio;the completion and funding of the MLSE minority interest acquisition, including its timing, and the sale of a minority interest in Rogers Sports to third-party investors, including the timing, size, and proceeds therefrom; andall other statements that are not historical facts. Our conclusions, forecasts, and projections in this earnings release are based on a number of estimates, expectations, assumptions, and other factors, including, among others:
general economic and industry conditions, including the effects of inflation;currency exchange rates and interest rates;product pricing levels and competitive intensity;subscriber growth;pricing, usage, and churn rates;changes in government regulation; technology and network deployment;availability of devices;timing of new product launches;content and equipment costs;the integration of acquisitions; andindustry structure and stability.
Except as otherwise indicated, this earnings release and our forward-looking information do not reflect the potential impact of any non-recurring or other special items or of any dispositions, monetization events, mergers, acquisitions, other business combinations, or other transactions that may be considered or announced or may occur after the date on which the statement containing the forward-looking information is made.
Risks and uncertainties
Actual events and results may differ materially from what is expressed or implied by forward-looking information in this earnings release as a result of risks, uncertainties, and other factors, many of which are beyond our control or our current expectations or knowledge, including, but not limited to:
regulatory changes;technological changes;economic, geopolitical, and other conditions affecting commercial activity and the costs of goods and services, including the potential application or modification of tariffs, trade wars, recessions, or reduced immigration levels;unanticipated changes in content or equipment costs;changing conditions in the sports, media, entertainment, information, and communications industries;performance of our sports teams, including uncertainty as to their participation or success in their respective postseasons;sports-related work stoppages or cancellations and labour disputes;the integration of acquisitions;litigation and tax matters;the level of competitive intensity;the emergence of new opportunities;external threats, such as epidemics, pandemics, and other public health crises, natural disasters, the effects of climate change, or cyberattacks, among others;the MLSE minority interest acquisition is subject to closing conditions and termination rights and may not be completed on the anticipated terms, in the anticipated timeline, or at all; the anticipated benefits of the MLSE minority interest acquisition may not be realized;we may be unable to proceed with, or complete, the sale of a minority interest in Rogers Sports, within the anticipated timing or at all, due to alternative opportunities or requirements, general economic and market conditions, or other internal or external considerations;if completed, the sale of a minority interest in Rogers Sports may not be at the expected valuation or may not raise the anticipated proceeds;we may fund all or a portion of the MLSE minority interest acquisition through alternate sources;new interpretations or accounting standards, or changes to existing interpretations and accounting standards, from accounting standards bodies; changes to the methodology, criteria, or conclusions used by rating agencies in assessing or assigning equity treatment or equity credit on our subordinated notes or for the network transaction; and the other risks outlined in "Risks and Uncertainties Affecting our Business" in our 2025 Annual MD&A and "Updates to Risks and Uncertainties" in this earnings release.
These risks, uncertainties, and other factors can also affect our objectives, strategies, plans, and intentions. Should one or more of these risks, uncertainties, or other factors materialize, our objectives, strategies, plans, or intentions change, or any other factors or assumptions underlying the forward-looking information prove incorrect, our actual results and our plans could vary materially from what we currently foresee.
Accordingly, we warn investors to exercise caution when considering statements containing forward-looking information and caution them that it would be unreasonable to rely on such statements as creating legal rights regarding our future results or plans. We are under no obligation (and we expressly disclaim any such obligation) to update or alter any statements containing forward-looking information or the factors or assumptions underlying them, whether as a result of new information, future events, or otherwise, except as required by law. All of the forward-looking information in this earnings release is qualified by the cautionary statements herein.
Before making an investment decision
Before making any investment decisions and for a detailed discussion of the risks, uncertainties, and environment associated with our business, its operations, and its financial performance and condition, fully review the sections in our 2025 Annual MD&A entitled "Regulation in our Industry" and "Risk Management", as well as our various other filings with Canadian and US securities regulators, which can be found at sedarplus.ca and sec.gov, respectively. Information on or connected to sedarplus.ca, sec.gov, our website, or any other website referenced in this document is not part of or incorporated into this earnings release.
About Rogers
Rogers is Canada's communications, sports and entertainment company and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI).
Investment Community ContactMedia Contact Paul CarpinoSarah Schmidt647.435.6470647.643.6397paul.carpino@[email protected]
Quarterly Investment Community Teleconference
Our second quarter 2026 results teleconference with the investment community will be held on:
July 22, 20268:00 a.m. Eastern Timewebcast available at about.rogers.com/investor-relationsmedia are welcome to participate on a listen-only basis A rebroadcast will be available at about.rogers.com/investor-relations for at least two weeks following the teleconference. Additionally, investors should note that from time to time, Rogers management presents at brokerage-sponsored investor conferences. Most often, but not always, these conferences are webcast by the hosting brokerage firm, and when they are webcast, links are made available on our website at about.rogers.com/investor-relations.
For More Information
You can find more information relating to us on our website (about.rogers.com/investor-relations), on SEDAR+ (sedarplus.ca), and on EDGAR (sec.gov), or you can e-mail us at [email protected]. Information on or connected to these and any other websites referenced in this earnings release is not part of, or incorporated into, this earnings release.
You can also go to about.rogers.com/investor-relations for information about our governance practices, corporate social responsibility reporting, a glossary of communications and media industry terms, and additional information about our business.
Evropa podle šéfa Equinoru pravděpodobně nesplní cíl naplnit zásobníky plynu na 80 % před zimou. Zásoby jsou jen na 54 % a kontinent tak čeká větší cenová volatilita.
Anders Opedal, CEO of Equinor, speaks to Reuters reporters as major oil executives, energy ministers, mining and government officials attend CERAWeek by S&P Global in Houston, Texas, U.S.,... Purchase Licensing Rights, opens new tab Read more
SummaryCompaniesStorage levels below five-year averageAsian buyers draw LNG cargoes from EuropeEurope will be more exposed to price swings, Equinor CEO saysOSLO, July 22 (Reuters) - The CEO of Europe's largest supplier of natural gas expects the region to fall short of its goal to fill gas storage sites to 80% of capacity before the winter, hampered by market tightness that has increased competition from buyers in Asia.
Gas volumes at European storage sites are significantly lower than the five-year average and at their second-lowest level in 15 years, Equinor (EQNR.OL), opens new tab chief Anders Opedal told Reuters on Wednesday after the company reported its highest quarterly profit since early 2023.
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"We do not think that Europe will necessarily be able to fill up its stocks to more than 80% this autumn," Opedal said.
As a result of lower gas storage levels, which currently stand at 54%, Europe will be more exposed to market price swings this winter than in previous winters, he added.
The U.S.-Iran war has effectively halted shipping through the Strait of Hormuz, including about a fifth of the world's liquefied natural gas, typically delivered to Asian customers.
Europe, meanwhile, has been unable to call on Russian pipeline gas as those supplies are phased out because of the war in Ukraine.
Equinor says that Europe relies on LNG to meet about 30% of its import needs, but supply is now missing.
"The gas that was supposed to come from Qatar was supposed to go to Asia, and that means that LNG that earlier in the year came into Europe is now going to Asia," Opedal said, referring to the increased competition for global supplies.
Reporting by Nora Buli Editing by Terje Solsvik and David Goodman
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Žaloba tvrdí, že Meta při výběru zaměstnanců k propuštění použila nástroje AI, ale zaměstnanci zatím nedokážou prokázat, jak přesně byly využity. Soud zatím zamítl jejich návrh na dočasný zákaz dokončení propouštění 26 zaměstnanců.
Item 1 of 3 A 3D-printed Meta logo and word "AI" are seen in this illustration created on July 20, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
[1/3]A 3D-printed Meta logo and word "AI" are seen in this illustration created on July 20, 2026. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab
SummaryCompaniesCase against Meta is first to target AI use in layoffsWorkers grappling with lack of evidence, arbitration pactsObstacles help explain dearth of AI-related lawsuits by workersJuly 22 (Reuters) - A novel lawsuit claiming that Meta Platforms (META.O), opens new tab relied on discriminatory AI tools to select employees for layoffs highlights the problems workers face in suing employers over the new technology, including proving how it was actually used.
The case helps illustrate why a widely predicted wave of employment lawsuits over AI use has yet to arrive. Legal experts say workers often have little understanding of how AI systems are used in the workplace and many have also signed away their right to sue in court, agreeing instead to resolve workplace disputes through a private process called arbitration that can keep such claims from ever being tested publicly.
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In a ruling last week declining to block Meta from finalizing the terminations of 26 people who sued, U.S. District Judge William Orrick identified a fundamental obstacle for plaintiffs who allege that AI discriminated against them: "they were not in the rooms where it happened."
That means workers like the Meta employees, who claim they were targeted for layoffs because they have disabilities or took medical or family leave, often cannot muster the evidence of wrongdoing necessary to quickly secure a win in court.
And they face another obstacle: Like a majority of U.S. workers, the plaintiffs are bound by an arbitration agreement, meaning they cannot band together in a class action, put their case before a jury, or push for a multimillion-dollar settlement in open court.
ARBITRATION AGREEMENTS BLOCK LAWSUITSCompanies generally prefer arbitration, which they say is a faster, cheaper alternative to court, while worker advocates say it often favors employers and discourages workers from bringing claims. The arbitration process is also confidential, so it can shield unfavorable evidence unearthed in an individual case from wider disclosure.
"Even if you establish that a particular system would produce discriminatory outcomes left and right, you have no way of sharing that information with other employees," said Christine Webber, co-chair of the civil rights and employment practice at plaintiffs' firm Cohen Milstein Sellers & Toll. Webber's firm is not involved in the Meta case.
Webber and other plaintiffs' lawyers said those hurdles explain the lack of high-profile court cases involving employers' use of AI even as it becomes routine, and why even the lawsuit against Meta seeking only temporary relief is unusual.
One of the few cases to emerge over companies' workplace use of AI tools involves Workday (WDAY.O), opens new tab, which is facing claims that its popular HR management software unlawfully filtered out applicants for jobs at other companies based on race, age and disability. Arbitration is not an issue in that case because Workday does not have agreements with its customers' job applicants. Workday denies the allegations.
PLAINTIFFS SEEK INJUNCTIONThe agreements signed by the Meta workers contain a common, narrow exception for seeking a court order that temporarily blocks one side from taking some irreversible action. But that exception is typically invoked in cases involving the alleged theft of trade secrets or the solicitation of clients or employees, and not layoffs of at-will workers.
Orrick denied the plaintiffs a temporary restraining order that would have stopped Meta from completing the layoffs. He must still decide whether to issue a preliminary injunction, a temporary but longer-lasting order that would put the workers back in their jobs until their individual arbitration cases are resolved. He said he could change his mind and grant the injunction if the plaintiffs come up with evidence "regarding whether and how AI was used in an improper manner."
A hearing is scheduled for August 24, and the losing side can appeal Orrick's decision.
The plaintiffs claim that in selecting jobs to cut, Meta consulted AI tools that tracked productivity and AI token usage (a measure of how much workers use AI tools), disadvantaging people who missed work because of medical conditions or to care for family members.
They allege that Meta used a number of internal AI-assisted systems including a large language model assistant known as "Metamate," an employee-trained "second brain" that tracked workers' communications and documents, and a productivity score drawn from scanning keystrokes, screen content, emails and browser history, according to the lawsuit.
Meta said in court filings and statements last week in response to the lawsuit that humans made all of the decisions concerning nearly 8,000 layoffs announced earlier this year and has denied treating AI usage as a basis for identifying workers to terminate or to conduct performance reviews. A Meta spokesman said on Tuesday that the company had no further comment.
Orrick said in his decision that he was bound to take Meta at its word since the plaintiffs could not present any evidence to rebut those claims.
The plaintiffs' lawyers in a joint statement last week acknowledged the hurdles they face in gathering evidence, even calling on current and former Meta employees to contact them with knowledge of how AI was used in the selection process.
"Meta holds virtually all the relevant information," they said.
Reporting by Daniel Wiessner in Albany, New York; Editing by Alexia Garamfalvi and Matthew Lewis
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Dan Wiessner (@danwiessner) reports on labor and employment and immigration law, including litigation and policy making. He can be reached at [email protected].
Alphabet v 1. čtvrtletí poprvé za deset let neprovedl žádné zpětné odkupy vlastních akcií a místo toho zvýšil kapitálové výdaje na 35,67 miliardy USD. Firma zároveň míří do AI, včetně zhruba 40miliardového podílu v Anthropic.
Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) is asking its investors to accept a trade-off that would have been unthinkable a year ago: give up the buybacks, and trust the AI bet instead.
According to CNBC’s MacKenzie Sigalos, in a segment on how “Alphabet sacrifices buybacks to fund its AI buildout,” the Google parent repurchased nothing in the first quarter, the first time it has bought back zero stock in a decade. That halts a buyback spree that returned close to $300 billion over the past five years. “Alphabet repurchased close to $300 billion worth of stock over the past five years, more than any of the other major AI hyperscalers,” Sigalos noted. “But then in Q1 it bought back nothing for the first time in a decade.”
The company’s own filings back that up. Alphabet listed no share repurchases in Q1 2026, while capital expenditures climbed to $35.67 billion, up 107.44% YoY, as the company nearly doubled its AI infrastructure spending. For the full year, Alphabet has guided to capex in the range of $175-$185 billion, disclosed in the company’s Q4 2025 SEC filings.
The Bet: Build, Don’t Buy Back The logic is a confidence statement about AI’s profitability. “Management is betting that the same cash can earn a greater return by building the infrastructure needed to run and sell AI at scale,” Sigalos explained. In other words, Alphabet believes a dollar spent on AI-serving infrastructure will beat the immediate earnings-per-share lift it would get from shrinking its share count.
Alphabet is also buying stakes. “They’ve also been putting it toward a very aggressive venture operation,” Sigalos said. “Close to $40 billion stake in Anthropic.” That is the eye-opener: the same cash that once flowed back to shareholders is now funding both Alphabet’s own data centers and a massive equity position in one of the leading rival AI labs. Alphabet is hedging its in-house Gemini development with a strategic position in a direct competitor, spreading its bets across the AI landscape.
The Proof Point Arrives at Earnings All of this sets up a high-stakes test when Alphabet reports. The number to watch is Google Cloud. “The whisper number is around 70% growth year over year,” Sigalos said, “and Alphabet has got to show that giving up the immediate return from buybacks can produce faster cloud growth and stronger margins.” Cloud grew 63% in the first quarter, so a step up toward 70% would help validate the reallocation. Faster cloud growth and expanding margins are the receipts management needs to justify sending buyback cash into servers and startups.
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Prediction markets already lean heavily toward a beat. Polymarket traders assign a 96.3% probability that Alphabet clears the earnings bar ahead of its upcoming earnings report, though shares have slipped -5.67% over the past month even as they sit up 83.14% over the last year.
The Bigger Question Underneath the numbers sits a debate about what this spending really signals. As the CNBC host put it, “Buybacks are what companies do if they don’t feel they have productive use for the cash. It’s surplus cash.” By that logic, halting buybacks says Alphabet believes it now has a productive use for every dollar. The bull case is conviction: a company seeing returns so compelling it would rather build than hand cash back.
The bear case is less flattering. It reads the buyback halt as competitive conformity in an AI arms race where enormous spending has become table stakes. The distinction matters for shareholders, because one interpretation means the money compounds and the other means it evaporates.
There is a telling detail in the comparison set. Among Alphabet, Microsoft, and Amazon, only Microsoft repurchased stock in the recent period. That makes Alphabet’s pivot part of a broader pattern of hyperscalers prioritizing the buildout over shareholder returns.
For now, Alphabet has drawn a clear line: the future of the company runs through AI infrastructure and strategic stakes like Anthropic. Whether that was visionary capital allocation or expensive herd behavior will start to become clear when Cloud’s numbers land. Investors who spent five years enjoying $300 billion in repurchases are being asked to be patient.
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Čipy Nvidia a další čipy pro AI minulý týden oslabily po uvedení modelu Kimi 3 od Moonshot. Text ale tvrdí, že jeho provoz stále vyžaduje špičkový hardware a síťování od Nvidia. Kimi 3 je 2,8bilionový model a vyžaduje 1,5 TB paměti s vysokou propustností.
Shares of Nvidia (NVDA +2.10%) and most of the AI-related semiconductor sector sold off last week after Moonshot, a China-based AI start-up, released its Kimi 3 model.
Kimi made waves across the industry, as the open-weights model displayed impressive performance against even the latest frontier models by Anthropic and OpenAI.
But the knee-jerk reactions to Kimi 3 seem like an echo of the DeepSeek and TurboQuant sell-offs of early 2025 and 2026, respectively. In both cases, innovations that made AI much more efficient didn't derail the AI build-out; in fact, one could argue they accelerated it by lowering adoption costs.
While these past cases aren't perfect mirrors of Kimi 3, here's why Nvidia investors shouldn't panic over this new model.
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Why Kimi sent a shudder through U.S. AI stocks Although Moonshot and other Chinese AI labs may have smuggled in some Nvidia chips illegally, Moonshot likely doesn't have access to nearly as many Nvidia chips for model training as the leading U.S. labs. There is also some uncertainty about whether Moonshot merely "distilled" a leading LLM from either Anthropic or OpenAI, essentially copying the weights from the U.S. labs.
Either way, Kimi 3 appears to have been trained at a small fraction of the cost of leading U.S. models, leading to panic over whether the U.S. giants should and will keep spending on high-end, very expensive Nvidia GPUs.
Another reason why Kimi may have spurred a sell-off in Nvidia and AI memory stocks is that it displayed a novel innovation called Kimi Delta Attention (KDA). This architecture enables the model to selectively read prior tokens to process new ones, rather than reading all prior tokens. The result is a 75% decline in KV cache, essentially an AI's short-term memory required to run the model, and a sixfold increase in speed. That means the model requires less memory and processing power, all things being equal.
Kimi doesn't lower inference requirements as much as feared Regardless of how Kimi was trained, if consumers and enterprises want to use it, the model has to run. And while KDA certainly makes more efficient use of KV cache, other architectural features make it somewhat compute-intensive, requiring high-end hardware such as the latest Nvidia racks.
First, Kimi 3 is a massive 2.8 trillion-parameter model that requires 1.5 terabytes of high-bandwidth memory. Second, Kimi 3 uses 896 experts in a "mixture of experts" architecture. A mixture of experts means a query can go to a specific, specialized "subnetwork" of the entire model, so each query doesn't have to run the entire model.
While that theoretically frees up space and lowers speed and cost, Kimi 3's experts aren't loaded entirely onto a GPU but rather are split across 16 experts per GPU, requiring at least 56 chips to hold and inference the model. Spreading the experts over more chips is a technique called WideEP.
According to chip research firm SemiAnalysis, this means that to run the model efficiently, one will need high-end chip systems with the required number of chips and associated networking, such as the Nvidia GB300 NVL72 reference architecture. Moreover, SemiAnalysis says that the lower KV cache per chip requires a subsequent massive scale-up in bandwidth to coordinate the dozens of chips required. That means a greater focus on rack-level networking and, therefore, Nvidia's NVLink technology.
Image source: Nvidia.
Don't forget U.S. regulations or the Jevons paradox Finally, even if Kimi does deliver certain efficiencies, many workloads likely won't be able to run Chinese models, especially if they have been distilled -- a fancy word for "pirated" -- from leading U.S. labs. Regulations will likely still spur many U.S. enterprises to adopt U.S.-based models, or at least take security precautions that will also increase costs.
Meanwhile, even if Kimi 3 still provides much more efficient frontier-level AI usage, the Jevons paradox, an economic concept that states as technology makes resource use more efficient, overall resource consumption increases rather than decreases, indicates this will only unlock greater adoption and usage, offsetting any efficiencies regarding Nvidia chips or memory.
Just as the DeepSeek and TurboQuant scares of 2025 and early 2026 proved to be buying opportunities in AI names, it appears as though the Kimi 3-inspired sell-off looks to be another such opportunity for long-term investors.
Investice 1 000 USD do akcií Nvidia při spuštění DeepSeek-R1 by dnes měla hodnotu asi 1 480 USD, tedy zhruba o 48 % více. Akcie se po lednovém propadu téměř o 17 % zotavily.
A $1,000 investment in Nvidia (NASDAQ: NVDA) around the launch of DeepSeek-R1 in January 2025 would be worth approximately $1,480 today, representing a gain of about 48%.
DeepSeek-R1, unveiled on January 20, 2025, drew global attention by demonstrating advanced reasoning capabilities at a fraction of the computing cost of many leading AI models.
The development sparked concerns that more efficient AI systems could reduce demand for expensive AI hardware.
Those fears culminated on January 27, 2025, when Nvidia shares plunged nearly 17% in a single session, erasing roughly $600 billion in market value in the largest one-day market-cap loss ever recorded by a public company.
The downturn proved temporary as Nvidia recovered and continued climbing. An investor who bought about 7.14 shares at roughly $140 each shortly after the DeepSeek-R1 launch would now hold a position worth around $1,480, based on Nvidia’s current share price near $207.
NVDA one-year stock price chart. Source: Finbold Nvidia’s rebound after DeepSeek AI scare While DeepSeek-R1 raised concerns about AI infrastructure spending, the broader AI market continued expanding throughout 2025 and into 2026.
Nvidia benefited from sustained investment by hyperscalers, enterprises, and AI developers building large-scale training and inference systems.
The company also continued advancing its data center and AI chip offerings, helping maintain its leadership position.
Nvidia’s business has continued expanding at a rapid pace based on the financial figures. The company reported record fiscal 2026 revenue of $215.9 billion, including $68.1 billion in fourth-quarter revenue and $62.3 billion from its data center segment.
Investor attention is now turning to Nvidia’s August 4 earnings report. In this line, recent market expectations call for quarterly revenue of around $91 billion, reflecting continued demand for Blackwell AI systems.
Additional support has come from improving sentiment around international sales. Recent U.S. approvals allowing limited AI chip exports to China have eased some concerns about access to one of the world’s largest AI markets.
Despite periodic volatility, Wall Street continues to view Nvidia as one of the main beneficiaries of the global AI buildout. The upcoming earnings report is expected to provide a key test of whether massive AI infrastructure spending by major technology companies can continue at its current pace.
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Johnson & Johnson získal od FDA marketingové povolení pro robotický chirurgický systém Ottava. Firma zahájí omezené komerční uvedení na americký trh s vybranými zákazníky.
People gather next to a logo of Johnson & Johnson at the company’s booth at the 8th China International Import Expo (CIIE) in Shanghai, China, November 6, 2025.REUTERS/Maxim Shemetov Purchase Licensing Rights, opens new tab
CompaniesJuly 22 (Reuters) - Johnson & Johnson (JNJ.N), opens new tab said on Wednesday the U.S. Food and Drug Administration had granted marketing authorization for its robotic surgery device, clearing the way for the healthcare conglomerate to enter the soft-tissue robotic surgery market.
The Ottava robotic surgical system was authorized for use in multiple general surgery procedures in the upper abdomen, including gastric bypass, gastrectomy, gallbladder removal, gastric sleeve surgery, appendectomy and hiatal hernia repair.
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J&J said it would begin a U.S. commercial launch with select customers, while working to expand the system into additional indications and regulatory markets.
Reporting by Puyaan Singh in Bengaluru; Editing by Joyjeet Das
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Target jmenoval bývalého generálního ředitele 7-Eleven Joe DePinta do správní rady. Přichází v době, kdy se maloobchodník snaží o obrat po několika letech slabého růstu tržeb.
A Target logo appears in this illustration taken August 18, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
CompaniesJuly 22 (Reuters) - Target (TGT.N), opens new tab on Wednesday named former 7-Eleven CEO Joe DePinto to its board, adding an industry veteran as the retailer works to sustain a turnaround under new CEO Michael Fiddelke.
DePinto, who led convenience-store operator 7-Eleven for nearly two decades, brings over 30 years of experience across the retail and consumer sectors. He has also held senior leadership roles at PepsiCo (PEP.O), opens new tab and GameStop (GME.N), opens new tab.
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The appointment comes as Target seeks to regain momentum after several years of sluggish sales growth, which saw shoppers gravitate toward lower-priced rivals and pull back on discretionary purchases.
Since taking over as CEO earlier this year from longtime chief Brian Cornell, Fiddelke has focused on improving inventory availability, strengthening product assortment and sharpening the retailer's value proposition.
The company has been lowering prices and releasing fresher products on the shelves to compete with aggressive pricing strategies of rivals such as Walmart (WMT.O), opens new tab and Amazon (AMZN.O), opens new tab.
The efforts have shown early signs of success. In May, Target raised its annual sales-growth forecast for the first time in two years after posting stronger-than-expected quarterly results.
It, however, cautioned that a tough macroeconomic backdrop could continue to pressure demand.
DePinto's appointment also follows a shareholder vote last month rejecting a proposal that would have required the board's chair to be an independent director. The measure was prompted by Target's decision last year to move Cornell into the role of executive chair.
The retailer said DePinto will join its board on August 1 and serve on infrastructure and finance, and audit and risk committees.
Reporting by Koyena Das in Bengaluru; Editing by Maju Samuel
Our Standards: The Thomson Reuters Trust Principles., opens new tab
PayPal odmítl společnou nabídku na odkup od Stripe a Advent International za 53,4 miliardy USD, protože ji označil za příliš nízkou. Akcie po oznámení rostly až o 19 % v předobchodní fázi a ten den uzavřely téměř o 16 % výše.
Since its founding in December 1998, PayPal NASDAQ: PYPL has grown alongside e-commerce into a financial services giant. Today, the company’s market cap exceeds $50 billion. But along the way, the stock has not been kind to investors.
Following its return to public trading in July 2015 after being spun off from eBay NASDAQ: EBAY, PayPal surged to its all-time high of $308.53 per share in July 2021. But it has been a difficult ride for shareholders, with PYPL down nearly 82% since then.
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PayPal Holdings, Inc. (PYPL) Price Chart for Wednesday, July, 22, 2026
But last week, long-term holders were treated to an unexpected catalyst: Stripe and private equity firm Advent International proposed a joint $53.4 billion acquisition of PayPal. Shares rose up as much as 19% in pre-market trading on July 15, finishing the day up nearly 16%.
In the days that followed, PayPal’s board declined the offer, stating that the bid was too low. Nonetheless, a deal could still materialize.
In the meantime, shares have continued to climb above their pre-bid level. Here’s what investors need to know about the digital payment platform’s future, and whether or not the stock’s recent turnaround can be sustained.
Details of the $53 Billion Bid PayPal Passed OnPayPal Today
$55.85 -0.97 (-1.71%)
As of 07/21/2026 04:00 PM Eastern
52-Week Range$38.46▼
$79.50Dividend Yield1.00%
P/E Ratio10.48
Price Target$54.61
Seeing a potentially mispriced company, the offer was priced at $60.50 per share—about 6.5% higher than the stock's July 20 closing price, and around 28% above its July 14 pre-announceemnt close.
Had the bid been accepted, at $53.4 billion, it would have been the largest fintech acquisition in history. Stripe and Advent reportedly planned to hold equal ownership stakes in PayPal rather than divide the company’s assets.
The move makes sense for privately-held Stripe, a financial infrastructure platform that provides global payment processing, subscription management, and fraud prevention services to businesses.
But that offer was not aimed at absorbing PayPal’s 439 million active consumer and merchant accounts around the world. According to Tech Times, the bid was aimed at securing PayPal’s “consumer-facing stablecoin distribution network and the peer-to-peer trust relationship those accounts represent.
PayPal’s Stablecoin Is the Ultimate PrizeLaunched on Aug. 7, 2023, PayPal’s native stablecoin—PayPal USD (PYUSD)—represents the next chapter in the company’s payment facilitation playbook.
Built on the Ethereum (ETH) and Solana (SOL) blockchains ,PYUSD is designed to remain worth $1 and is backed by cash and short-term U.S. government debt. Eligible PayPal users can currently earn a variable 4% annual reward by holding it in their accounts.
But more importantly, Visa NYSE: V added PYUSD to its stablecoin settlement platform, allowing participating issuers and acquirers to use the token for certain settlement transactions across Visa’s network. The integration could expand PYUSD’s role in cross-border and on-chain payments as Visa builds out its stablecoin infrastructure.
Visa Today
V
Visa
$355.94 -4.63 (-1.28%)
As of 07/21/2026 03:59 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$293.89▼
$365.14Dividend Yield0.75%
P/E Ratio31.00
Price Target$398.36
According to Visa’s 2025 annual report, the company reported 4.7 billion Visa-branded cards with total volume of $16.7 trillion last year.
Meanwhile, industry consultancy firm Grand View Research forecasts the global stablecoins segment of the decentralized finance market to grow to nearly $183 billion by 2033 from $3.3 billion in 2025—good for an almost comical compound annual growth rate of 69%.
As part of its expanded payment settlement rails, Visa’s decision to embrace the PYUSD stablecoin to allow partners to settle fiat currency-backed transactions directly on-chain is poised to be a massive windfall for PayPal.
At the same time, PayPal continues to expand PYUSD’s utility as a low-cost, near-instant payment and transfer mechanism within its digital wallet ecosystem on Venmo and PayPal.
Together with the $60.50 offering, this suggests that at current prices, shares of the San Jose, California-based firm could be dramatically undervalued.
Current Price$55.85High Forecast$100.00Average Forecast$54.61Low Forecast$32.00PayPal Stock Forecast Details
For now, Wall Street has yet to price in the stablecoin story.
Based on the 46 analysts who cover the stock, PayPal carries a consensus Hold rating and an average 12-month price target implies nearly 2% downside from current prices.
While that may be discounting the underlying price drivers PayPal is set to enjoy, it also overlooks solid fundamentals and sound management.
In Q1, revenue growth stood at 7.21%—a dramatic year-over-year increase from 1.2% in Q1 2025.
Similarly, after four consecutive quarters of free cash flow (FCF) contraction, PayPal posted back-to-back quarters of FCF in Q4 2025 and Q1 at nearly 354% and 155%, respectively.
Earnings per share (EPS) offers another clue. Despite their struggles, PayPal has beat on earnings in nine of the last 11 quarters, including seven of the last eight. In Q1, the company reported EPS of $1.34, topping the consensus estimate of $1.27, and with a trailing price-to-earnings ratio of 10.66, PayPal’s earnings are expected to grow 8.27% in the next year.
In the company's Q1 earnings call, PayPal’s new CEO Enrique Lores, who officially took on that role on March 1, reaffirmed the company’s focus on three lines of business: Checkout/PayPal, Consumer Financial Services/Venmo, and Payment Services/Crypto—the latter of which underscores the significance of PYUSD.
Management also expects at least $1.5 billion of gross run-rate savings over the next two to three years as broad AI and automation adoption drives down operating costs. Ultimately, these factors should continue to fuel a long-awaited rebound for the company, which next reports earnings on July 28.
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