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Key Takeaways AON is expected to post Q2 revenue growth, led by Commercial Risk Solutions and Health Solutions.AON's four straight earnings beats and favorable retention rates point to potential upside this quarter.Higher compensation, IT and other costs, plus weaker Wealth Solutions demand, may weigh on results. Leading global insurer Aon plc (AON - Free Report) is set to report second-quarter 2026 results on July 29, 2026, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at $3.77 per share on revenues of $4.26 billion.

The second-quarter earnings estimate has witnessed two upward revisions and five downward movements over the past 60 days. The bottom-line projection indicates a year-over-year increase of 8%. The Zacks Consensus Estimate for quarterly revenues suggests year-over-year growth of 2.6%.

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AON beat the consensus estimate for earnings in each of the last four quarters, with the average surprise being 3.1%.

Q2 Earnings Whispers for AONOur proven model predicts a likely earnings beat for the company this time around as well. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That’s precisely the case here.

AON has an Earnings ESP of +0.24% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

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

What’s Shaping AON’s Q2 Results?The Zacks Consensus Estimate for the Commercial Risk Solutions line’s revenues indicates 5.3% growth from $2.18 billion a year ago, whereas our model predicts a 5% increase. We expect the unit to witness 5% organic revenue growth in the quarter under discussion.

The consensus mark for the Health Solutions line’s second-quarter revenues suggests nearly 6% growth from the year-ago level, while our model estimate indicates an 8% increase. The segment is likely to have been supported by new business growth, strong retention rates and positive market impact.

The Zacks Consensus Estimate for Reinsurance Solutions' revenues indicates growth of 4.4% from $688 million recorded a year ago, while our model estimate suggests a 7% increase. Favorable retention rates, new business generation and facultative placement growthare expected to have benefited the unit.

The factors mentioned above are expected to have contributed to the company's year-over-year growth, positioning it for an earnings beat. However, the positives are likely to have been partially offset by high expenses due to significant investments in priority areas for long-term growth, coupled with an uptick in certain discretionary and other costs.

Our model predicts total operating expenses for the second quarter at above $3.3 billion, attributed to increased costs related to higher compensation and benefits and information technology. Specifically, the estimate for other general expenses is set at more than $400 million, while compensation and benefits costs are pegged at nearly $2.4 billion.

Moreover, the consensus estimate for second-quarter revenues in the Wealth Solutions segment suggests a 15.2% decrease from the previous year’s $519 million, whereas our model indicates a 15% decline. The unit is likely to have been affected by weaker advisory demand in the United States.

How Did AON’s Peers Perform?Several insurance companies, including Marsh & McLennan Companies, Inc. (MRSH - Free Report) , AMERISAFE, Inc. (AMSF - Free Report) and RenaissanceRe Holdings Ltd. (RNR - Free Report) , have already reported their financial results for the June quarter of 2026. Here’s how they performed:

Marsh reported second-quarter 2026 adjusted earnings per share of $2.96, which surpassed the Zacks Consensus Estimate by 2.8%. The bottom line advanced 8.8% year over year.Its strong quarterly results benefited from solid growth in the Risk and Insurance Services and Consulting units. However, the upside was partially offset by Marsh’s elevated operating expenses, primarily due to increased compensation and benefits.

AMERISAFE reported second-quarter adjusted earnings per share of 44 cents, missing the Zacks Consensus Estimate by 17%. The bottom line also declined 17% year over year. The quarterly result was affected by higher expenses and weaker underwriting margins, with additional pressure from lower investment income. AMSF’s strong premium growth partly offset these headwinds.

RenaissanceRe reported second-quarter 2026 operating income of $12.92 per share, which surpassed the Zacks Consensus Estimate by 12.9%. The bottom line also improved 5.1% year over year. The quarterly earnings benefited from lower expenses, higher net investment income and an improved total combined ratio. However, the upside was partly offset by lower net premiums earned, weaker underwriting results in RNR’s Casualty & Specialty segment and lower fee income.

Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Ryman Hospitality Properties (RHP - Free Report) and Public Storage (PSA - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.

There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.

Ryman Hospitality Properties has a Zacks Rank of #2 (Buy), while Public Storage has a Zacks Rank of #3 (Hold) right now. This means that RHP's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is just one factor that value investors are interested in.

Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels.

Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.

RHP currently has a forward P/E ratio of 14.26, while PSA has a forward P/E of 18.60. We also note that RHP has a PEG ratio of 2.32. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. PSA currently has a PEG ratio of 4.24.

Another notable valuation metric for RHP is its P/B ratio of 10.55. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, PSA has a P/B of 11.13.

Based on these metrics and many more, RHP holds a Value grade of B, while PSA has a Value grade of D.

RHP stands above PSA thanks to its solid earnings outlook, and based on these valuation figures, we also feel that RHP is the superior value option right now.

For the quarter ended June 2026, Halliburton (HAL - Free Report) reported revenue of $5.71 billion, up 3.7% over the same period last year. EPS came in at $0.55, compared to $0.55 in the year-ago quarter.

The reported revenue represents a surprise of +4.19% over the Zacks Consensus Estimate of $5.48 billion. With the consensus EPS estimate being $0.54, the EPS surprise was +1.85%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Halliburton performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenue- Latin America: $1.12 billion compared to the $1.11 billion average estimate based on three analysts. The reported number represents a change of +14.9% year over year.Revenue- Europe/Africa/CIS: $1.02 billion versus $877.28 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +24% change.Revenue- North America: $2.28 billion versus the three-analyst average estimate of $2.25 billion. The reported number represents a year-over-year change of +0.8%.Revenue- Middle East/Asia: $1.3 billion versus the three-analyst average estimate of $1.3 billion. The reported number represents a year-over-year change of -10.7%.Revenue- Drilling and Evaluation: $2.51 billion compared to the $2.35 billion average estimate based on five analysts. The reported number represents a change of +7.4% year over year.Revenue- Completion and Production: $3.2 billion versus $3.15 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +1% change.Operating income- Completion and Production: $474 million versus the five-analyst average estimate of $480.38 million.Operating income- Drilling and Evaluation: $338 million versus $322.07 million estimated by five analysts on average.Operating income- Corporate and other: $-83 million versus the two-analyst average estimate of $-96.5 million.View all Key Company Metrics for Halliburton here>>>

Shares of Halliburton have returned -5.7% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

AI’s Power Crunch Fuels a Pivot for These 2 Oilfield StocksSLB NYSE: SLB reported second-quarter revenue of $9 billion, up 3% sequentially, as growth in Latin America, Europe and Africa, U.S. land and Asia more than offset disruptions in the Middle East. Adjusted earnings per share were $0.55, up $0.03 from the prior quarter but down $0.19 from a year earlier, according to Chief Financial Officer Stephane Biguet.

The company said Middle East revenue declined 13% sequentially to $1.66 billion amid conflict-related operational disruptions. SLB took temporary cost actions to limit the earnings impact, and Biguet said the resulting effect on earnings per share was slightly below the low end of the company’s previously indicated $0.06 to $0.08 range.

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MarketBeat Week in Review – 05/04 - 05/08Despite those disruptions, SLB said its pre-tax segment operating margin increased 49 basis points sequentially and adjusted EBITDA margin rose 83 basis points.

Production Systems and Digital Lead Growth Chief Executive Officer Olivier Le Peuch said growth outside the Middle East was broad-based, supported by higher offshore activity in Brazil, Guyana, Mexico, Scandinavia, Nigeria, China, Indonesia, India and Australia. U.S. land activity also improved, with higher demand for production chemicals, artificial lift and valves.

SLB’s Tough Quarter Masks a Powerful Long-Term ShiftProduction Systems was the company’s largest division in the quarter, with revenue rising 7% sequentially to $3.8 billion. The increase was driven by OneSubsea, artificial lift, valves, surface production systems and completions. Pre-tax operating margin improved 138 basis points to 15.5%, aided by better profitability in OneSubsea and artificial lift, as well as contributions from ChampionX’s Production Chemicals and Artificial Lift businesses.

Le Peuch said Production Systems adjusted EBITDA margins returned to above 20%. He added that ChampionX delivered sequential margin expansion for a third consecutive quarter despite inflation in chemicals.

Digital revenue increased 9% sequentially to $697 million, while pre-tax operating margin rose 683 basis points to 27.8%. Digital adjusted EBITDA margin reached 34.7%, up 860 basis points sequentially, driven by exploration data licenses and transfer fees in Brazil and Indonesia, along with improved profitability in digital operations, platforms and applications. SLB said digital annual recurring revenue increased 15% year over year.

Reservoir Performance revenue declined 2% sequentially to $1.6 billion, and Well Construction revenue also fell 2% to $2.7 billion, primarily because of Middle East disruptions. Well Construction margin was essentially flat as lower profitability in the Middle East was offset by improved profitability in North America and Latin America.

Middle East Recovery Remains Uneven Management said activity resumed in several Middle Eastern countries during the quarter, though operations in Iraq remained constrained by security concerns. Le Peuch said recovery will vary by country, customer and operating environment, and a return to full activity will take time.

During the question-and-answer session, Le Peuch said customer engagement had increased as operators plan to restore shut-in wells, expand capacity and deploy production-recovery solutions. He said activity had been restored and was strengthening in the United Arab Emirates, Qatar and, to some extent, Saudi Arabia, while Iraq remained more constrained.

SLB expects initial recovery work to include well intervention, production chemicals, coiled tubing and other ChampionX-related production and recovery offerings. Management also said the disruption could accelerate interest in digital tools to optimize existing wells and operations.

For the third quarter, SLB’s base case assumes a gradual Middle East recovery and calls for global sequential revenue growth of 3% to 4%, with approximately 75 basis points of adjusted EBITDA margin expansion. Core-division revenue is expected to rise in the low- to mid-single digits, while Digital revenue is projected to increase in the low single digits.

The company also outlined a downside scenario in which renewed escalation prevents remobilization efforts and leaves Middle East revenue flat sequentially. In that case, third-quarter revenue would be about $150 million below its base case and adjusted EBITDA would face an approximately $75 million headwind, primarily in Well Construction and Reservoir Performance.

Deepwater Activity and Fourth-Quarter Outlook Le Peuch said the market is beginning to show characteristics of an upcycle, citing the need to replenish inventories and strategic reserves, diversify supply, develop domestic resources and rebuild spare capacity. He said third-party reports indicate final investment decisions for long-cycle projects could increase about 30% year over year in 2026.

SLB expects stronger exploration spending and deepwater capital investment during the second half of 2026, led by Africa, with a more meaningful impact in 2027 across Latin America, the Mediterranean and Asia. Management also highlighted continued activity in Brazil, Guyana, Suriname, the North Sea and the Gulf of America.

The company reiterated its ambition for OneSubsea bookings to reach $9 billion over two years. Le Peuch said SLB is expanding its subsea portfolio, including trees, manifolds, umbilicals, processing and boosting solutions, while pursuing life-of-field service capabilities and alliances with customers and partners.

For the fourth quarter, SLB expects Middle East revenue of $2.1 billion to $2.2 billion, or roughly 95% of the level achieved in the fourth quarter of 2025. Assuming that recovery, continued deepwater momentum and typical year-end Digital product sales, the company expects fourth-quarter revenue to exceed $10 billion, representing about 5% year-over-year growth. Adjusted EBITDA margin is expected to be about 24%.

Data Center Business Expands SLB said its data center solutions revenue grew 33% sequentially and 80% year over year. The business added hyperscaler customers and expanded from equipment manufacturing into data center design, engineering and system integration.

Le Peuch said SLB uses off-site fabrication to produce modular equipment for server infrastructure and cooling systems, aiming to provide customers with shorter delivery times and scalable deployment. The company said its backlog is already sufficient to support an annualized revenue run rate exceeding $2 billion by the end of 2027.

Biguet said the data center business is not currently accretive to SLB’s overall margins, but it is accretive to revenue and earnings growth and has strong free-cash-flow characteristics because of its capital-light business model and contract terms.

SLB generated $1.4 billion in cash flow from operations and $716 million in free cash flow during the quarter. It ended the period with net debt of $8.7 billion, repurchased $648 million of stock, and maintained its full-year target to return more than $4 billion to shareholders through dividends and buybacks.

About SLB (NYSE:SLB)SLB NYSE: SLB, historically known as Schlumberger, is a leading global provider of technology, integrated project management and information solutions for the energy industry. Founded by Conrad and Marcel Schlumberger in 1926, the company develops and supplies products and services used across the exploration, drilling, completion and production phases of oil and gas development. Its offerings are intended to help operators characterize reservoirs, drill and complete wells, optimize production and manage field operations throughout the asset lifecycle.

SLB's product and service portfolio spans reservoir characterization and well testing, wireline and logging services, directional drilling and drilling tools, well construction and completion technologies, production systems, and subsea equipment.

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

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

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NEW YORK, July 24, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Lucid Group, Inc. (NASDAQ: LCID).

Paul Singer’s Elliott Investment Management just handed retail investors a cheat sheet. The latest 13F filing, disclosing holdings as of March 31, 2026, reveals five US-listed long positions that stretch from precious metals royalties to AI infrastructure. One of them has already returned 90.1% since the filing date. The other four are still setting up. Here is where the money is moving, and whether you can still get in.

1. Triple Flag Precious Metals (TFPM): The Surprise Pick A gold streamer is rare territory for Elliott, and that is exactly why Triple Flag Precious Metals (NYSE:TFPM) belongs at the top of the list. The $6.43B royalty and streaming name is a pure play on gold at a time when the metal is repricing every commodity cycle assumption, and the stock has drifted lower even as its fundamentals have exploded.

Q1 FY26 landed with adjusted EPS of $0.45 against a $0.42 estimate, revenue of $146.99M up 78.7% year over year, and a realized gold price of $4,873 per ounce versus $2,860 a year earlier. Gross margin expanded to 72% and net income jumped 156.87% on record 30,166 GEOs sold. Our model pegs base case fair value at $35.95, a 31.73% upside from the $27.29 current price, with 73% of analysts bullish and zero bears. Screens as a Buy.

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The stock has fallen 21.6% since the 13F reference date of March 31, 2026. Elliott’s paper P&L on TFPM is underwater at current prices. Next up is a name where Singer’s paper is already very much in the black.

2. Suncor Energy (SU): The Cash Machine Masquerading as a Miss Suncor Energy (NYSE:SU | SU Price Prediction) is the integrated oil sands and refining giant that headline-scanning traders punished on a Q1 EPS miss and then quietly bought back. This is Elliott territory: a business printing cash while traders debate the wrong number.

Q1 FY26 EPS came in at $1.36 versus a $1.93 estimate, but adjusted operating earnings actually rose to $1.62B from $1.15B, and free cash flow surged 188.13% year over year to $2.05B. Management responded by lifting the monthly buyback pace from $275M to $350M, targeting nearly $4 billion in 2026 repurchases, over 30% higher than 2025. Our model reads Suncor as near fair value with 0.25% upside to a $62.02 base case. Screens as a Hold, but one that is paying shareholders to wait.

Elliott’s paper is up modestly here, with SU still down 7.61% from the March 31 filing reference even after a 60.35% one-year run. If Suncor is the boring compounder, the next name is the opposite: the one where the market has already sprinted past the activist thesis.

3. Phillips 66 (PSX): The Activist Heavyweight Running Hot This is the obvious one. Phillips 66 (NYSE:PSX) is the flagship of Elliott’s current activist book, with the fund publicly pushing for a midstream separation. Refining margins are back, buybacks are flowing, and the crowd has piled in.

Q1 FY26 delivered adjusted EPS of $0.49 against a -$0.39 estimate, revenue of $33.00B up 8.2%, and refining margins of $10.11 per barrel versus $6.81 a year earlier. Buybacks hit $269M in Q1 and the annualized dividend was raised 7% to $1.265. The problem: the stock has ripped to $206.33, above the $198.44 analyst target, and our base case models a 20.27% drawdown to $164.52 over the next year. All three of our scenarios, bull, base, and bear, produce negative to flat one-year returns. Screens as a Sell into strength based on our modeled downside.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Phillips 66 didn't make the cut. Grab the names FREE today.

Elliott is sitting on gains of 11.29% since March 31 and 68.37% over one year. The activist thesis worked. The trade has aged. And the next name on Singer’s list has an even longer activist history behind it.

4. Southwest Airlines (LUV): The Turnaround Elliott Built Southwest Airlines (NYSE:LUV) is the case study for what Elliott activism produces. The fund reshaped the board, drove the commercial overhaul, and the Q1 numbers now show the model working, if fuel cooperates.

Q1 FY26 posted EPS of $0.45 versus $0.4739 consensus, revenue of $7.249B up 12.8%, and net income of $227M against a $149M loss a year earlier. RASM grew 11.2% YoY, roughly 60% of customers bought up to assigned or extra legroom seats, and Rapid Rewards enrollments jumped 37%. CEO Bob Jordan called it a “turning point for Southwest,” even as Q2 fuel guidance leapt to $4.10 to $4.15 per gallon. Our model puts fair value at $49.99, only 4.48% above the $47.85 current price. Screens as a Hold. The easy money on the activist trade has already been made.

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LUV has already surged 32.1% since the March 31 filing reference. But the biggest Elliott win, and the punchline of this list, is not in the sky.

5. Hewlett Packard Enterprise (HPE): The Payoff Elliott’s Chris Hsu now sits on the board of Hewlett Packard Enterprise (NYSE:HPE), confirming the activist stake and giving Singer a seat at the table for what has already become the trade of 2026. The Juniper Networks integration turned a legacy enterprise IT name into an AI infrastructure operator.

Q2 FY26 (reported June 1, 2026) obliterated guidance. Non-GAAP EPS came in at $0.79 against a $0.51 to $0.55 range, revenue was $10.68 billion up 40%, and Networking revenue exploded 148.2% to $2.69 billion. Free cash flow hit $915 million, non-GAAP operating margin expanded to 13.3% from 8.0%, and management hiked full-year non-GAAP EPS guidance to $3.35 to $3.45, up from a prior $2.30 to $2.50 range. CEO Antonio Neri framed it plainly: “HPE delivered an exceptional quarter with record-breaking revenue, higher-than-anticipated profitability, and increased free cash flow.”

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The stock is up 90.1% since March 31, 2026 and 126.21% over one year. Yet our model still flags 16.09% base case upside to $53.31, the analyst target sits at $64.13, and composite sentiment reads bullish at 69.26. Screens as a Buy, and Elliott’s involvement is far from finished.

The Takeaway Singer’s five-name book is a spectrum, not a basket. HPE and TFPM screen as buys with real modeled upside. Phillips 66 has run past the activist thesis and now screens as a sell. Suncor and Southwest are compounders that already delivered the easy dollars. If you are trailing Elliott into these names, the sequence matters more than the ticker list. The window on the two still-open trades is not going to stay open forever.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Phillips 66 didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

NEW YORK, July 24, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Zoetis Inc. (NYSE: ZTS).

Shareholders who purchased shares of ZTS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/zoetis-inc-loss-submission-form-2/?id=195836&from=3 

CLASS PERIOD: January 14, 2025 to May 6, 2026

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) veterinarian prescription growth and adoption of Zoetis’ Librela, a canine pain treatment, were sharply weakening as clinicians became more cautious following FDA safety warnings concerning serious neurological complications in dogs; (ii) Zoetis’ Simparica Trio was losing significant market share to a lower priced competing canine parasiticide with broader indicated use in a slowing overall market; and (iii) Zoetis’ dermatology products, Apoquel and Cytopoint, were losing substantial market share to a newly launched competing canine treatment.

DEADLINE: July 27, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/zoetis-inc-loss-submission-form-2/?id=195836&from=3 

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of ZTS during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 27, 2026. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected] 
Phone: (646) 453-8903

2 Canadian Mid-Cap Dividend Payers Energized For GrowthOvintiv NYSE: OVV reported second-quarter 2026 free cash flow of $682 million and cash flow per share of $4.46, with both measures exceeding consensus estimates, according to executives on the company’s earnings call. The company also raised its full-year oil and condensate production outlook after production from its Permian operations surpassed expectations.

President and CEO Brendan McCracken said the company generated more than $1.3 billion in free cash flow during the first half of the year and returned approximately 63% of second-quarter free cash flow to shareholders through share repurchases and its base dividend. Ovintiv expects full-year shareholder returns to exceed 60%, following returns of about 45% year to date.

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Production Guidance Raised on Permian Outperformance Second-quarter oil and condensate production averaged 206,000 barrels per day, above the high end of Ovintiv’s guidance, while total production was 615,000 barrels of oil equivalent per day. Chief Financial Officer Corey Code said the production beat was driven by both new-well productivity and stronger-than-expected base production in the Permian Basin.

The company raised its full-year oil and condensate production guidance to between 210,000 and 212,000 barrels per day. Ovintiv also increased the go-forward Permian oil production run rate to 125,000 barrels per day from 120,000 barrels per day previously, without adding capital spending or drilling activity.

Code said the revised outlook, combined with year-to-date repurchases, represents about 4% oil production growth on a per-share basis. Ovintiv maintained its full-year capital guidance and expects third-quarter capital spending of approximately $575 million, in line with second-quarter spending. Third-quarter total production is expected to average roughly 628,000 BOE per day, including about 208,000 barrels per day of oil and condensate.

Natural gas production came in below guidance during the quarter because of planned Montney plant turnarounds, although Ovintiv said the revenue impact was limited by weak AECO natural gas prices. The company maintained the midpoint of its prior full-year natural gas outlook at 2.05 billion cubic feet per day and increased full-year NGL guidance to about 84,000 barrels per day.

Debt Reduction and Buyback Focus Ovintiv reduced net debt by about $3.4 billion during the quarter, using proceeds from its Anadarko disposition and a portion of free cash flow. Quarter-end net debt stood at $2.995 billion, resulting in a leverage ratio of 0.6 times.

Code said the lower debt balance represented a key milestone for the company, while Fitch upgraded Ovintiv’s credit rating to BBB from BBB low. McCracken said the company views its capital structure as appropriately sized and plans to balance additional debt reduction, share repurchases and smaller land-focused transactions.

During the question-and-answer session, McCracken said Ovintiv sees value in repurchasing shares but does not have a “crystal ball” on commodity prices. He said the company expects its “ground game” acquisitions to be in the low hundreds of millions of dollars range and focused on modest-sized deals in the Permian and Montney.

Operational Technology and Montney Developments Chief Operating Officer Greg Givens attributed Permian outperformance to improved new-well results, base-production optimization and the company’s development approach, which includes co-developing stacked zones from a single pad and timing adjacent development projects to limit pressure depletion.

Givens said Ovintiv has completed approximately 400 Permian wells with surfactant treatments since 2019 and has seen about a 9% improvement in oil productivity compared with wells that did not receive the treatment. The company estimates the surfactants account for roughly half of its productivity uplift over the past several years. Ovintiv said the treatment costs about $100,000 per well.

The company is beginning to evaluate surfactant use in the Montney, where McCracken said it remains in the early stages. Ovintiv also cited the use of AI, automation and its Permian Operations Control Center as contributors to reduced downtime, improved artificial-lift performance and stronger base production.

In the Montney, planned plant turnarounds were completed in the second quarter. Ovintiv said it prioritized production from its most liquids-rich wells during the outages, limiting the effect on condensate volumes. Based on current strip prices, the company expects second-half Montney condensate production of 80,000 to 85,000 barrels per day.

Canadian condensate realizations averaged about $94 per barrel during the quarter, at a premium to WTI, Givens said. Ovintiv also reported that its Montney gas realization was 187% of AECO, supported by physical sales arrangements, financial contracts and approximately $40 million of sulfur revenue. Sulfur, a byproduct from certain Montney gas operations, benefited from historically high prices during the period.

Inventory, Sand Supply and Market Access McCracken said Ovintiv has added more than 3,200 Permian and Montney drilling locations since 2023 at an average cost of $1.4 million per net 10,000-foot location. The company estimates it has nearly 15 years of premium inventory in the Permian and close to 20 years of premium oil inventory in the Montney.

Ovintiv said it has already replaced its planned 2026 drilling locations in both regions through organic additions. In the Permian, the company is evaluating approximately 100,000 acres of Barnett potential on acreage it has held for more than a decade. Givens said Ovintiv has drilled and cored the vertical section of its first Barnett well in Martin County and expects the well to begin production late this year.

In the Montney, Ovintiv said completion speeds have averaged more than 4,900 feet per day year to date, about 20% faster than its 2023 pace. The company recently completed more than 7,000 lateral feet per day in a simul-frac operation and completed Canada’s first 100% domestic wet-sand pad, according to management. Domestic wet sand is roughly 20% less expensive than imported dry sand, the company said, though Ovintiv expects broader adoption to depend on local supply infrastructure and could take until around 2028.

Management also said it continues to diversify its natural-gas pricing away from AECO and Waha. Ovintiv reported total company gas price realizations, including hedging, of $1.99 per Mcf during the quarter, or about 70% of NYMEX pricing.

About Ovintiv (NYSE:OVV)Ovintiv Inc is a North American energy company focused on the exploration, development and production of oil, natural gas and natural gas liquids. Formerly known as Encana Corporation, the company rebranded as Ovintiv in January 2020 and established its headquarters in Denver, Colorado. Ovintiv's upstream portfolio spans multiple unconventional resource plays, reflecting a strategy centered on high-return projects and disciplined capital allocation.

The company's core business activities include the acquisition and development of acreage in major shale basins across the United States and Canada.

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

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A logo of Blackstone is pictured in Manhattan, New York City, U.S. July 29, 2025. REUTERS/Mike Segar/File Photo Purchase Licensing Rights, opens new tab

SummaryCompaniesBidding for MarineMax has moved into third roundDonerail, Blackstone, Centerbridge among interested partiesInvestment firm Donerail began pushing for a sale last yearNEW YORK, July 24 (Reuters) - Investment firms ​Blackstone (BX.N), opens new tab and Donerail are among the final bidders to acquire MarineMax (HZO.N), opens new tab, two people ‌familiar with the matter said on Friday, as the recreational yacht retailer explores selling itself.

The two, as well as private equity firm Centerbridge, are in the final round of bidding for the Clearwater, Florida-headquartered ​company, said the sources who are not permitted to discuss private deliberations.

The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.

MarineMax, which ​has a market value of around $725 million, caters to a wealthy clientele through ⁠its 65 marinas and storage locations and 70 dealerships, mostly in the U.S. It ​has attracted significant interest at a time the marina business has become a popular investment ​area.

Donerail began pushing MarineMax to sell itself or replace its chief executive officer last year, intensifying pressure on the company after Levin Capital in 2024 urged management and the board to evaluate strategic alternatives.

Representatives for MarineMax, ​Blackstone, and Donerail declined to comment. A representative for Centerbridge did not immediately respond ​to a comment request.

The company has made some changes aimed at addressing concerns of disgruntled investors, including replacing ‌board directors, ⁠but has never publicly acknowledged running a sales process including on Thursday when it reported quarterly earnings.

Reuters reported in February that Donerail submitted an all-cash offer which valued MarineMax at around $1 billion. Donerail subsequently raised its offer, while other buyout firms including Blackstone jumped into ​the mix as ​the company formally solicited buyer ⁠interest from April onwards.

Marinas and superyacht services have seen significant dealmaking in the last 18 months, with investment firms being particularly active.

Lower interest ​rates have supported high-end consumers' spending on luxury items like yachts ​even as ⁠other economic brackets are forced to tighten their belts.

Blackstone, through its infrastructure arm, bought Safe Harbor Marinas in 2025 for $5.7 billion. Fellow infrastructure investor Stonepeak acquired marina owner and operator Southern ⁠Marinas in ​April.

MarineMax was trading around $33.30 per share around midday on ​Friday, putting year-to-date gains around 37%. However, it is still trading at roughly half the value of its lifetime ​high hit in May 2021.

Reporting by Svea Herbst-Bayliss; Editing by David French and Sanjeev Miglani

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Mutsamudu, Comoros, July 24th, 2026, Chainwire

MEXC, a pioneer in 0-fee digital asset trading, announced the expansion of its Ondo tokenized stock offerings as part of its collaboration with Ondo Finance, with the addition of four new tokenized U.S. stocks spanning AI infrastructure and mining companies. The latest additions broaden users’ access to some of today’s most closely watched investment themes.

The trading pairs include tokenized shares of Cloudflare, Inc. (NETON/USDT), MaxLinear, Inc. (MXLON/USDT), GlobalFoundries Inc. (GFSON/USDT), and First Majestic Silver Corp. (AGON/USDT). All four pairs went live for spot trading at 13:30 on July 23, 2026 (UTC), with withdrawals set to open at 13:30 on July 24, 2026 (UTC).

Ondo brings traditional financial assets on-chain through compliant infrastructure, giving users access to U.S. stocks and ETFs in a blockchain-native format. Each tokenized asset is backed by the corresponding underlying security held through regulated custodial brokers, allowing users to purchase fractional amounts and giving holders the same economic exposure as the underlying stock, with dividends automatically reflected in token value.

The latest expansion further strengthens MEXC’s growing U.S. stock investment ecosystem. Together with Pre-IPO opportunities, stock futures, tokenized stock offerings, and RealStocks, which enables eligible users to invest in real U.S. stocks and ETFs through a licensed securities broker partner, MEXC provides multiple pathways to access U.S. stock markets within a single platform. By bringing these investment opportunities, MEXC continues to simplify access to global markets while advancing its vision as the Gateway to Infinite Opportunities.

About MEXC

MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

Risk Disclaimer:

This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at PBF Energy (PBF - Free Report) , a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. PBF Energy currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market? In order to see if PBF is a promising momentum pick, let's examine some Momentum Style elements to see if this refiner holds up.

Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.

For PBF, shares are up 18% over the past week while the Zacks Oil and Gas - Refining and Marketing industry is up 9.82% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 46.49% compares favorably with the industry's 20.2% performance as well.

While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of PBF Energy have increased 42.87% over the past quarter, and have gained 165.54% in the last year. In comparison, the S&P 500 has only moved 4.48% and 17.65%, respectively.

Investors should also take note of PBF's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now PBF is averaging 3,021,517 shares for the last 20 days..

Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with PBF.

Over the past two months, 4 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost PBF's consensus estimate, increasing from $6.99 to $10.94 in the past 60 days. Looking at the next fiscal year, 5 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineGiven these factors, it shouldn't be surprising that PBF is a #1 (Strong Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep PBF Energy on your short list.

A month has gone by since the last earnings report for Jefferies (JEF - Free Report) . Shares have added about 5.6% in that time frame, outperforming the S&P 500.

But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Jefferies due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.

Jefferies Q2 Earnings Miss Estimates Despite Record IB PerformanceJefferies’ second-quarter fiscal 2026 (ended May 31) adjusted earnings per share from continuing operations of $1.03 missed the Zacks Consensus Estimate of $1.09. However, the bottom line increased significantly from the prior-year quarter.

Results were primarily aided by record IB advisory and underwriting net revenues, as well as record equities net revenues. However, a rise in expenses hurt the results to an extent.

Net earnings attributable to common shareholders (GAAP) increased significantly year over year from $88 million to $226.2 million.

Revenues Improve, Expenses RiseQuarterly net revenues were $2.21 billion, up 35% from the prior-year quarter. The top line marginally missed the Zacks Consensus Estimate of $2.22 billion.

Total non-interest expenses were $1.89 billion, up 26.1% from the year-ago quarter. The rise was due to an increase in almost all cost components, except for depreciation and amortization costs, cost of sales, and other expenses.

As of May 31, 2026, book value per common share was $51.95, up from $49.96 as of May 31, 2025. Furthermore, adjusted tangible book value per fully diluted share increased from $32.84 to $34.55.

Quarterly Segment PerformanceInvestment Banking & Capital Markets: Total Net revenues were $2.01 billion, rising 36.4% from the prior-year quarter. Investment Banking net revenues were $1.21 billion, up 57.5% year over year, driven by higher advisory and equity underwriting revenues, while debt underwriting remained solid but declined year over year. Capital Markets net revenues were $799.3 million, up 13.5%, driven by increases in both Equities and Fixed Income net revenues.

Asset Management: Net revenues were $187.7 million, up 21.4% from the year-ago quarter. Asset management fees and revenues, as well as investment return, declined year over year, but other investments, inclusive of net interest, increased.

Balance Sheet SolidAs of May 31, 2026, total assets were $79.54 billion, up from $74.38 billion as of Feb. 28, 2026, while total shareholders’ equity was $10.57 billion, down modestly from $10.61 billion.

The leverage ratio was 7.5 compared with 6.5 in the prior-year quarter, and the tangible gross leverage ratio was 9.0 compared with 7.9.

Return on adjusted tangible shareholders’ equity was 12.8%, up from 5.5% in the prior-year quarter.

Share Repurchase UpdateIn the reported quarter, Jefferies repurchased 4 million common shares for $197 million, at an average price of $49.83 per share.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in fresh estimates.

The consensus estimate has shifted -8.9% due to these changes.

VGM ScoresCurrently, Jefferies has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. However, the stock has a grade of B on the value side, putting it in the top 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Jefferies has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Terreno Realty (TRNO - Free Report) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Terreno Realty currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market? In order to see if TRNO is a promising momentum pick, let's examine some Momentum Style elements to see if this industrial real estate company holds up.

Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.

For TRNO, shares are up 8.16% over the past week while the Zacks REIT and Equity Trust - Other industry is up 3.41% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 10.27% compares favorably with the industry's 2.1% performance as well.

While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Over the past quarter, shares of Terreno Realty have risen 10.52%, and are up 25.91% in the last year. In comparison, the S&P 500 has only moved 4.48% and 17.65%, respectively.

Investors should also pay attention to TRNO's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. TRNO is currently averaging 1,109,706 shares for the last 20 days.

Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with TRNO.

Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost TRNO's consensus estimate, increasing from $2.79 to $2.81 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineTaking into account all of these elements, it should come as no surprise that TRNO is a #2 (Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Terreno Realty on your short list.

Key Takeaways CROX has outperformed peers recently but faces tariff, margin and HEYDUDE-related growth challenges.Crocs is investing in international expansion, marketing and inventory discipline to support long-term growth.CROX trades below the industry P/E but above its historical median valuation despite recent share gains. Crocs, Inc. (CROX - Free Report) has seen its shares rally 28.1% in the past three months, outperforming the industry’s growth of 5.6%. The stock has also outperformed the broader sector’s 4.7% decline and the S&P 500 Index’s 4% increase over the same period.

CROX Stock’s 3-Month Performance
Image Source: Zacks Investment Research

In the past three months, CROX has trailed the performance of Vince Holding Corp. (VNCE - Free Report) while outperforming G-III Apparel Group, Ltd. (GIII - Free Report) and Columbia Sportswear Company (COLM - Free Report) . In the same period, shares of VNCE, GIII and COLM have increased 31.5%, 8.8% and 1%, respectively.

CROX’s Share Price Performance VS Peers
Image Source: Zacks Investment Research

Closing at $132.47 in the last trading session, CROX stock stands 5.7% below its 52-week high of $140.42 reached on July 17, 2026. CROX is trading above its 50-day simple moving average of $120.99 and its 200-day simple moving average of $95.95, indicating a strong technical setup.

CROX Trades Above 50 & 200-Day SMA
Image Source: Zacks Investment Research

Crocs Drives Growth Through Global ExpansionCrocs remains optimistic about its international business, expecting strong growth across its international markets for the remainder of the year and seeing a multiyear runway for expansion in key markets. Management highlighted particularly robust performance in Japan and China, noting that both continue to deliver very strong growth and reinforce the company's long-term global opportunity.

To support future growth, the company is also investing in marketing across both brands to drive demand for new product launches. At the same time, Crocs is maintaining a disciplined approach to inventory and supply chain management, using lean inventory levels to improve productivity and enhance financial flexibility.

Crocs Reports Margin Pressure and Weak Brand PerformanceDespite these long-term growth opportunities, the company is facing the impact of the Middle East conflict and expects these impacts to create several challenges for the Crocs brand. Management identified three potential areas of impact: lower revenue from its Middle East distributor business, which has already been incorporated into its annual guidance; higher raw material and transportation costs associated with elevated oil prices; and the possibility of broader macroeconomic disruptions, the extent of which remains uncertain. These factors could create additional headwinds for the business going forward.

The company faced margin pressure in the first quarter of fiscal 2026, with enterprise adjusted gross margin declining 90 basis points year over year to 56.9%. The decrease was primarily driven by a 100-basis-point impact from incremental tariffs, along with an unfavorable product mix. These headwinds were only partially offset by a favorable brand mix, resulting in an overall decline in gross margin in the first quarter.

Crocs reported weaker performance across both of its key brands in the first quarter of fiscal 2026 while continuing to execute initiatives to return both brands to growth. Sales at the Crocs brand declined 2%, while the HEYDUDE brand recorded a steeper 13% decrease. Both brands reported lower adjusted gross margins in the quarter. Adjusted gross margin for the Crocs brand declined 120 basis points to 59.5%, while the HEYDUDE brand experienced a steeper contraction of 210 basis points, bringing its adjusted gross margin to 44.5%.

Crocs issued a cautious outlook, expecting second-quarter revenues to decline slightly at prevailing currency rates, with continued weakness at the HEYDUDE brand and margin pressure from tariffs. For 2026, the company projects muted enterprise revenue growth between down 1% and up 1%, while HEYDUDE is still expected to post a 5% to 7% sales decline despite an improved outlook.

How Estimates Are Shaped Up for CROX?The Zacks Consensus Estimate for CROX’s current quarter earnings per share has been revised up by 2 cents to $4.32 in the past seven days. The consensus mark for the current year earnings per share has been revised down by a penny to $13.66, reflecting a challenging outlook for the year.

Image Source: Zacks Investment Research

CROX is currently trading at a forward 12-month P/E multiple of 9.29X, lower than the industry average of 15.70X and well below the S&P 500 multiple of 20.80X. However, the stock is trading above its 12-month median P/E of 7.11X, suggesting potential overvaluation relative to its historical valuations.

Crocs’ Valuation Picture
Image Source: Zacks Investment Research

How to Play CROX Stock?Although Crocs continues to see attractive long-term opportunities in international markets, the business is facing mounting near-term challenges that could weigh on financial performance and investor sentiment. Weakening brand momentum and pressure on profitability reduce visibility into the pace of any meaningful recovery, while ongoing macroeconomic uncertainties create additional pressures. Given these risks, existing investors may consider reducing exposure, while prospective investors may prefer to remain on the sidelines until there is clearer evidence of sustained improvement in operating performance and a more favorable business environment. At present, CROX carries a Zacks Rank #4 (Sell).

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

CLARITY Act Unlikely To Pass Before August Break, Says Senate Leader

Investors looking for stocks in the Insurance - Property and Casualty sector might want to consider either Allstate (ALL) or W.R. Berkley (WRB).

Company backs the Barr-Craig framework and the administration's call to fix the federal hemp definition before the November deadline

, /PRNewswire/ -- cbdMD, Inc. (NYSE American: YCBD), a leader in hemp-derived wellness, today announced its support for the bipartisan Lawful Hemp Protection Act, introduced July 21 by Rep. Andy Barr (R-KY) and Rep. Angie Craig (D-MN). The legislation would establish a long-term federal regulatory framework for hemp-derived products while preserving consumer access to lawful products. The Company also expressed support for the Administration's call to address the federal hemp definition through pending budget legislation.

The legislation comes at a pivotal time for the U.S. hemp industry. Under Section 781 of the Fiscal Year 2026 appropriations law, the federal definition of hemp is scheduled to narrow on November 12, 2026. Without congressional action, many lawful full-spectrum CBD and hemp wellness products could be removed from the marketplace. The Lawful Hemp Protection Act would repeal that provision and replace it with a durable, science-based framework.

The bipartisan sponsorship reflects a growing consensus that responsible regulation, rather than prohibition, is the appropriate path forward for the hemp industry. The bill would establish FDA oversight for hemp-derived products, with mandatory third-party testing, transparent labeling, a 21-and-over age requirement, and domestic sourcing, while targeting the synthetic intoxicants that have drawn scrutiny to the category.

Specifically, cbdMD supports a federal framework that:

Protects access to responsibly manufactured full-spectrum CBD Requires independent testing and accurate labeling Establishes clear manufacturing and marketing standards, including limits on youth-focused marketing Prevents youth access through a 21-and-over requirement Restricts synthetic and artificially modified cannabinoids Preserves lawful interstate commerce for compliant products cbdMD also welcomed the Office of Management and Budget's recent call for Congress to update the hemp definition through the funding process, which the company believes could provide relief before the November deadline if enacted.

As one of the nation's longest-standing hemp-derived CBD companies, cbdMD believes a consistent federal regulatory framework would significantly benefit consumers and responsible businesses alike by improving consumer confidence, strengthening safety standards, and providing greater certainty for manufacturers and retailers.

"Reps. Barr and Craig have demonstrated bipartisan leadership by advancing a practical regulatory framework for hemp-derived products," said Ronan Kennedy, Chief Executive Officer of cbdMD. "Responsible companies have long supported clear federal standards that protect consumers, promote product quality, and distinguish compliant hemp products from illicit synthetic intoxicants. We encourage Congress to act before the November implementation deadline."

About cbdMD, Inc.

cbdMD, Inc. (NYSE American: YCBD) is a Charlotte, North Carolina-based hemp-derived wellness company committed to safe, high-quality, science-backed products. Its family of brands includes cbdMD, cbdMD Science, Bluebird Botanicals, Paw CBD, Oasis, and ATRx Labs. For more information, visit cbdMD.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. Statements regarding pending legislation, regulatory developments, and their potential impact on the company are based on current expectations and are subject to risks and uncertainties, including the outcome of the legislative and regulatory processes described above and risks disclosed in the Company's filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Actual results may differ materially. The company undertakes no obligation to update any forward-looking statement except as required by law.

Contacts
cbdMD, Inc.
Ronan Kennedy
Chief Executive Officer and Chief Financial Officer
[email protected]
(704) 445-3064

SOURCE cbdMD, Inc.

Kinsale Capital Group, Inc. (KNSL) Q2 2026 Earnings Call Transcript

Perpetual decentralized exchange (DEX) Hyperliquid’s weekly trading volume in tokenized real-world assets (RWAs) exceeded that of all other asset categories combined for the first time.

RWAs generated $25.1 billion in trading volume from July 13 to July 19, accounting for 52% of Hyperliquid’s total weekly volume of $48.2 billion, according to Blockworks data.

“Hyperliquid’s RWA market alone was larger than the combined crypto perpetual volume of every other DEX,” wrote ARK Invest’s research director for digital assets, Lorenzo Valente, in a Thursday X post.

The milestone reflects growing demand for tokenized assets on Hyperliquid. Over the past month, RWA holders grew by 32% to 1.25 million users, while the total value of tokenized RWAs rose by 3.5% to $36.7 billion, according to data aggregator RWA.xyz.

Hyperliquid generated $7.6 million in revenue over the past week, according to DefiLlama. The perp DEX ranked third among crypto applications by weekly revenue, behind stablecoin issuers Tether and Circle, which generated $112 million and $45 million, respectively.

Hyperliquid: Perpetual Futures Volume, 2-year chart. Source: Blockworks

Major “structural shift” for crypto markets: Circle co-founderCrypto-native firms and traditional financial institutions have expanded tokenized asset offerings as they bring more financial assets onto blockchain networks. In March, the NYSE partnered with tokenization platform Securitize to develop blockchain-based stock trading infrastructure with 24/7 trading and settlement.

Circle co-founder and CEO Jeremy Allaire said growing RWA trading on Hyperliquid marks a “major structural shift” in crypto markets, moving “away from speculating on endogenous digital commodities,” in a Friday X post.

Earlier in July, Pantera Capital said perpetual futures could become a dominant trading instrument beyond crypto, as perps offer structural advantages over traditional derivatives, including 24/7 trading, no contract expiries, simpler position management and continuous price discovery.

Hyperliquid’s growth has drawn attention from Wall Street institutions, including NYSE parent Intercontinental Exchange (ICE), whose CEO, Jeffrey Sprecher, urged regulators to create a “level playing field” for launching 24/7 onchain perpetual futures contracts.

Magazine: How Hong Kong is turning tokenized bonds into real market infrastructure

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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Hyperliquid ekosisteminin yerel tokeni HYPE, son 24 saatte yaşadığı değer kaybına rağmen yatırımcıların radarında kalmaya devam ediyor. Yazının hazırlandığı sırada HYPE yaklaşık 57,88 dolar seviyesinde işlem görürken, işlem hacmi 320,77 milyon dolar, piyasa değeri ise 14,62 milyar dolar olarak kaydedildi. Analistler, kısa vadeli düzeltme riskinin sürdüğünü belirtirken, kritik destek bölgesinin korunması halinde fiyatın yeniden güçlü bir yükseliş trendine girebileceğini ifade ediyor.

Teknik Görünümde Destek Bölgesi Kritik Önem Taşıyor Kripto para analisti Wick, HYPE fiyatının güçlü yükselişin ardından önemli bir direnç bölgesine ulaştığını ve mevcut görünümün geçmiş piyasa döngüleriyle benzerlik taşıdığını belirtiyor. Analiste göre grafikte oluşan A-B-C formasyonu, yükseliş, düzeltme ve yeniden toparlanma süreçlerinden oluşan klasik bir teknik yapı sergiliyor. Bu nedenle yaşanabilecek olası geri çekilmelerde 72 ile 100 dolar aralığı güçlü bir talep bölgesi olarak öne çıkıyor. Bu destek bölgesinin korunması, uzun vadeli yükseliş trendinin devam etmesi açısından kritik önem taşıyor.

İlginizi Çekebilir: Altın 4 Bin Dolar Direncinde!: Gözler Fed Faiz Kararında!

Wick’e göre HYPE, kritik destek alanı üzerinde kalmayı başarırsa yeni alım dalgası başlayabilir. Bu senaryoda fiyatın yeniden ivme kazanarak ilk etapta 120 dolar, ardından ise 150 dolar seviyelerine doğru hareket edebileceği değerlendiriliyor. Özellikle yatırımcı ilgisinin destek bölgesinde artması, yukarı yönlü hareketi hızlandırabilecek en önemli faktörlerden biri olarak görülüyor. Buna karşılık destek seviyesinin kaybedilmesi durumunda teknik görünüm önemli ölçüde zayıflayabilir.

72 Doların Altında Risk Artıyor Analistler, 72 dolar seviyesinin altında gerçekleşecek kalıcı fiyatlamaların daha derin bir düzeltmenin önünü açabileceğini belirtiyor. Bu durumda HYPE fiyatının yaklaşık 40 dolar seviyesinde bulunan uzun vadeli birikim bölgesine kadar geri çekilme ihtimali bulunuyor. Fiyat tarafındaki dalgalanmaya rağmen Hyperliquid ekosisteminde geliştirme faaliyetleri hız kesmeden sürüyor. PerpGame tarafından paylaşılan bilgilere göre, sürekli vadeli işlem (perpetual futures) sepetlerini temel alan yapay zeka ajan tokenleri artık HYPER EVM ağı üzerinde kullanılabiliyor.

Bu yeni ürünler sayesinde yatırımcılar:

Yapay zeka temalı token sepetlerine erişebiliyor. Sürekli vadeli işlem altyapısından faydalanabiliyor. Daha geniş portföy çeşitlendirme imkânı elde edebiliyor. HYPER EVM tabanlı DeFi uygulamalarını kullanabiliyor. Bu gelişmenin Hyperliquid ekosistemine yeni kullanıcı ve sermaye çekmesi bekleniyor.

HYPE İçin Gözler Hem Grafikte Hem Ekosistemde Uzmanlara göre HYPE fiyatının önümüzdeki dönemdeki performansı yalnızca teknik seviyelere bağlı olmayacak. Bir yandan yatırımcılar 72-100 dolar destek bölgesini yakından takip ederken, diğer yandan HYPER EVM üzerinde geliştirilen yeni ürünler ve ekosisteme giriş yapan sermaye de fiyat üzerinde belirleyici rol oynayabilir. Özellikle yapay zeka odaklı finansal ürünlerin yaygınlaşması, Hyperliquid ekosisteminin uzun vadeli büyümesini destekleyebilecek önemli gelişmeler arasında gösteriliyor. Önümüzdeki süreçte hem teknik seviyeler hem de ağ üzerindeki gelişmeler, HYPE’ın fiyat performansında belirleyici olmaya devam edecek.

Son Dakika kripto para haberleri için hemen tıkla.

Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.

MOVE: Limelight Launches on Movement

Key Takeaways BWXT combines government nuclear contracts with expanding commercial nuclear operations and acquisitions.BWX Technologies trades at 4.06X forward sales versus XE at 11.34X forward sales.BWXT shares fell 20.9% in three months versus a 45.5% decline for XE shares. As investor interest in nuclear energy continues to grow, both X-Energy (XE - Free Report) and BWX Technologies (BWXT - Free Report) have emerged as attractive ways to gain exposure to the sector. While both companies operate within the U.S. nuclear industry, they represent two very different investment opportunities. While BWX Technologies is a mature, profitable supplier of nuclear components and services to the U.S. government with decades of industry experience, X-Energy is an emerging advanced reactor developer focused on commercializing next-generation nuclear technology.

The global nuclear industry is entering a new growth cycle as governments seek reliable, carbon-free sources of electricity to complement renewable energy and strengthen energy security. Rising electricity demand driven by artificial intelligence, data centers, electrification, and industrial decarbonization is increasing the need for dependable baseload power, while geopolitical concerns have prompted many countries to reduce reliance on imported fossil fuels. As a result, governments are extending the operating lives of existing nuclear plants, restarting previously retired reactors, and investing in next-generation technologies such as small modular reactors (SMRs) and advanced reactors.

Let us compare the stocks' fundamentals to determine which one is a better investment option at present.

Factors Acting in Favor of XE StockX-Energy is focused on the future of commercial nuclear power. The company is developing the Xe-100, a Generation IV high-temperature gas-cooled SMR designed to provide carbon-free electricity, industrial heat, and hydrogen production. Unlike traditional large nuclear plants, the Xe-100 is modular, scalable, and intended to be easier and less expensive to deploy. XE is also developing TRISO-X, a business dedicated to manufacturing TRISO fuel, an advanced nuclear fuel known for its exceptional safety characteristics and high-temperature performance. The company expects fuel production to become a meaningful long-term revenue stream as advanced reactors are deployed globally.

As of March 31, 2026, the company had a project pipeline of 144 Xe-100 reactors, representing roughly 11.5 gigawatts electric (GWe) of potential capacity across the United States and the United Kingdom. This pipeline is anchored by major customers and partners including Dow, Amazon and Centrica, providing the company with a solid foundation for future reactor sales, fuel supply agreements and long-term service revenues.

Factors Acting in Favor of BWXT StockBWX Technologies has built its business around designing and manufacturing nuclear components, fuel, and reactor systems for the U.S. Navy, Department of Energy, NASA, and other government agencies. The company is the sole manufacturer of naval nuclear reactors for U.S. aircraft carriers and submarines, giving it a highly defensible competitive position supported by long-term government contracts and recurring revenues. In recent years, BWXT has also expanded its commercial nuclear operations by supplying components, fuel handling systems, and engineering services for existing nuclear power plants, while increasing its presence in medical isotopes and advanced reactor technologies. This diversified business model provides stable cash flows and relatively predictable earnings growth.

In April 2026, BWXT announced the acquisition of Precision Components Group, LLC. This marks BWXT’s first step in establishing a U.S. commercial nuclear component manufacturing footprint to support future new reactor builds and aftermarket.

How Does the Zacks Consensus Estimate Compare for XE & BWXT?The Zacks Consensus Estimate for X-Energy’s 2027 earnings per share (EPS) indicates growth of 15.09% year over year. 
 

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for BWX Technologies’ 2027 EPS implies growth of 13.74% year over year.

Image Source: Zacks Investment Research

Valuation for XE & BWXTXE shares trade at a forward 12-month price/sales (P/S F12M) of 11.34X compared with BWXT’s P/S F12M of 4.06X.

Image Source: Zacks Investment Research

XE & BWXT’s Price PerformanceIn the past three months, shares of X-Energy and BWX Technologies’ have declined 45.5% and 20.9%, respectively.  

Image Source: Zacks Investment Research

XE or BWXT: Which Is a Better Choice Now?X-Energy is developing advanced SMR technology for commercial nuclear power, with a focus on delivering carbon-free electricity, industrial heat, and hydrogen production through scalable reactor designs. XE is also building an advanced nuclear fuel business, supported by a growing pipeline of projects and partnerships that position it for long-term reactor, fuel, and service revenue opportunities.

BWX Technologies specializes in nuclear components, fuel, and reactor systems for U.S. government agencies, supported by long-term contracts that provide stable and recurring revenues. BWXT is also expanding its commercial nuclear business through advanced reactor technologies, nuclear services, and strategic acquisitions that strengthen its position in the growing commercial market.

Our choice at the moment is BWX Technologies, given its better price performance and more attractive valuation than X-Energy. BWXT carries a Zacks Rank #3 (Hold) and XE has a Zacks Rank #4 (Sell) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Ameris Bancorp (ABCB) Q2 2026 Earnings Call Transcript

Source: Binance EN

This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. Terms and conditions apply. Fellow Binancians, Binance Earn is excited to renew the campaign for the USD1 Simple Earn Flexible Products! During the Promotion Period, users who subscribe to USD1 Flexible Products may enjoy up to 8.5% APR, which includes an exclusive Bonus Tiered APR on top of Real-Time APR rewards. How to Participate Promotion Period: 2026-07-27 00:00:00 (UTC) to 2026-08-26 23:59:59 (UTC)Subscription Format: Complete subscription on a first-come, first-served basis in accordance with the terms below.Rewards Distribution:Bonus Tiered APR: Distributed to users’ Spot Accounts on a daily basis. The first reward will be given the day after accrual starts (two days after subscription).Real-Time APR: Accrued and directly accumulated in users’ Earn Accounts every minute. Offered Products Digital AssetDurationAPR During Promotion PeriodMin. 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Upon subscription, Bonus Tiered APR rewards start to accrue the next day starting from 00:00 (UTC) based on the snapshot of your subscribed amounts to the Flexible Product of the day, which will be taken randomly between 00:00:00 to 23:59:59 (UTC) daily. Rewards will start to be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the user’s Spot Account.Any redemption of Flexible Products made between 00:00:00 (UTC) and 00:00:00 (UTC) of the following day will stop the accrual of Bonus Tiered APR rewards on the redeemed amount for that day.Redemptions of Flexible Products will be processed starting with assets that have accrued rewards. Users can check the rewards history from the Earn History. Bonus Tiered APR rewards are calculated based on the subscribed amounts and are subject to the respective tier limit for each token. Please refer to the FAQ for more details.All users who hold open positions for USD1 Flexible Products will receive both Real-Time APR and Bonus Tiered APR rewards during the Promotion Period. Once the Promotion ends, users will be entitled to Real-Time APR rewards only. The Activity's subscription amount of each user has an upper limit. When the upper limit is reached, users will no longer be able to subscribe.A large amount of redemption requests might delay redemption temporarily. Redemptions may resume upon return of liquidity.Users can view their Flexible Products assets by going to Assets > Earn > Simple Earn.Redemption time for Flexible Products subscriptions: Instant. For clarity, references to “USD1” in the content above are not direct acronyms of the “United States Dollar” fiat currency unless otherwise specified. 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