Track market-moving stories before they get noisy

Shares of Take-Two Interactive Software, Inc (NASDAQ:TTWO), are 1.2% lower to trade at $240.32 this morning, pivoting lower despite the company announced pre-orders for its Grand Theft Auto VI game, priced at $79.99. Shortly after, BTIG initiated coverage with a "buy" rating and $290 price target, the analyst citing the game release and sustainable improvements.

TTWO initially traded at its highest level since early January, but has since pivoted lower. The shares are now contending with both their year-to-date and year-over-year breakeven levels. Its worth noting that due to a 20% quarterly gain, Take-Two stock is sitting in "overbought" territory with a 14-day Relative Strength Index (RSI) of 72. 

Options traders are leaning bullish. At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), Take-Two stock's 10-day call/put volume ratio of 7.33 ranks in the 92nd annual percentile.

Echoing this, the stock's Schaeffer's put/call open interest ratio (SOIR) of 0.36, which ranks lowest possible percentile of readings from the past year.

FSLR expands manufacturing capacity and advances next-generation solar technology, but competitive pressures remain a key challenge.

Key Takeaways Gilead won EC approval for Trodelvy in first-line metastatic TNBC for eligible adult patients.Trodelvy cut progression or death risk by 38% versus chemotherapy in the ASCENT-03 study.GILD is pursuing broader first-line TNBC approvals in Europe and the United States. Gilead Sciences, Inc. (GILD - Free Report) obtained approval from the European Commission (EC) for a label expansion of its breast cancer drug Trodelvy (sacituzumab govitecan-hziy).

The EC granted marketing authorization to Trodelvy as monotherapy for the treatment of adult patients with unresectable or metastatic triple-negative breast cancer (TNBC) who have not received prior systemic therapy for metastatic disease and are not candidates for PD-1 or PD-L1 inhibitor therapy.

Trodelvy is a first-in-class Trop-2-directed antibody-drug conjugate (ADC). It is already approved in several countries for second-line or later metastatic TNBC and in more than 50 countries for certain patients with pre-treated HR+/HER2- metastatic breast cancer.

The latest approval makes Trodelvy the first ADC to be approved in first-line metastatic TNBC in the European Union and the first new treatment option in 20 Years in Europe for these patients.

Gilead’s shares have gained 1.9% year to date compared with the industry's growth of 0.9%.

Image Source: Zacks Investment Research

More on Gilead’s TrodelvyThe EC’s marketing authorization is based on data from the late-stage ASCENT-03 study, which showed that Trodelvy delivered a statistically significant and clinically meaningful improvement in progression-free survival compared with standard-of-care chemotherapy when used as a first-line treatment.

Trodelvy demonstrated a 38% reduced risk of disease progression or death in patients who are not candidates for PD-1/PD-L1 inhibitors. The ASCENT-03 study utilized a patient-centered crossover design, which allowed patients in the chemotherapy arm to receive Trodelvy after their disease progressed.

Gilead has expanded its regulatory efforts for Trodelvy in the first-line metastatic TNBC setting. The company has submitted an application to the EMA seeking approval of Trodelvy in combination with Merck’s (MRK - Free Report) Keytruda (pembrolizumab) for patients with PD-L1-positive unresectable locally advanced or metastatic TNBC, supported by data from the phase III ASCENT-04 study.

This application is currently under review. If approved, Trodelvy could become a backbone first-line treatment option for metastatic TNBC across PD-L1 status in Europe.

In the United States, Gilead has also filed supplemental applications with the FDA for Trodelvy in the first-line treatment of unresectable locally advanced or metastatic TNBC. The filings seek approval of Trodelvy as a monotherapy for patients who are not eligible for PD-(L)1 inhibitor-based therapy and in combination with Keytruda or Keytruda Qlex for patients with PD-L1-expressing tumors (CPS ≥10), as determined by an FDA-authorized test.

Trodelvy continues to gain market share in the second-line setting. Approval in additional indications will further boost sales.

Trodelvy is currently being investigated in multiple ongoing phase III studies across different tumor types, including in small cell lung cancer and gynecologic cancers, where previous proof-of-concept studies have demonstrated clinical activity.

However, earlier this month, Merck and Gilead Sciences announced the discontinuation of the phase III KEYNOTE-D46/EVOKE-03 study evaluating Trodelvy in combination with Keytruda as a first-line treatment for patients with metastatic non-small cell lung cancer (NSCLC) whose tumors express high levels of PD-L1 (TPS ≥50%).

The open-label phase III study sponsored by Merck evaluated Trodelvy in combination with Keytruda versus Keytruda alone in this NSCLC patient population. The trial enrolled approximately 620 patients.

The decision follows a recommendation from the external Data Monitoring Committee after reviewing the pre-specified final progression-free survival (PFS) analysis and an interim overall survival (OS) analysis.

While the combination demonstrated a numerical improvement in PFS compared with Keytruda alone, the result did not achieve statistical significance. The committee concluded that the likelihood of demonstrating a statistically significant OS benefit at the final analysis was low.

GILD’s Efforts to Diversify PortfolioGilead’s robust HIV franchise continues to maintain momentum, driven by the solid performance of Biktarvy and Descovy, and incremental contributions from Yeztugo.

Simultaneously, GILD is looking to strengthen its oncology franchise.

Gilead’s recent aggressive dealmaking strategy, including the acquisition of Arcellx and Tubulis, highlights the company’s commitment to diversifying beyond its core HIV franchise into higher-growth oncology and immunology markets.

However, GILD lowered its full-year earnings outlook due to expected acquired IPR&D charges of $11.5 billion and financing expenses associated with the Arcellx, Ouro Medicines, and Tubulis GmbH deals.

While these transactions strengthen Gilead’s long-term pipeline and growth potential, the sizable upfront payments and integration-related costs are pressuring near-term profitability.

This, in turn, has prompted Gilead to lower its EPS guidance, raising investor concerns about margin pressure and the timeline required for these acquisitions to generate meaningful returns.

GILD’s Zacks Rank and Stocks to ConsiderGilead currently has a Zacks Rank #3 (Hold).  Some better-ranked stocks in the biotech sector are Liquidia Corporation (LQDA - Free Report) and Immunocore (IMCR - Free Report) , both currently sporting a Zacks Rank #1 (Strong Buy).  You can see the complete list of today’s Zacks #1 Rank stocks here.

Over the past 60 days, estimates for Liquidia’s 2026 earnings per share have risen from $1.50 to $2.97, while those for 2027 have increased from $2.91 to $4.81. LQDA’s shares have surged 114.7% year to date.

Liquidia’s earnings beat estimates in three of the trailing four quarters and missed in one, with the average surprise being 54.40%.

Over the past 60 days, 2026 loss per share estimates for Immunocore have narrowed from 97 cents to 16 cents, while 2027 estimates have improved from a loss of 39 cents to earnings of 11 cents per share.

Immunocore’s earnings beat estimates in three of the trailing four quarters and missed in one, with the average surprise being 46.66%.

Key Takeaways CF benefits from healthy nitrogen fertilizer demand in key markets and higher pricing.CF's natural gas cost rose to $4.57/MMBtu in Q1, increasing the cost of sales.EPS estimates for CF's 2026 and 2027 have trended higher over the past 60 days. CF Industries Holdings, Inc. (CF - Free Report) is benefiting from healthy nitrogen fertilizer demand in major markets and higher prices. It, however, remains hamstrung by headwinds from higher costs stemming from an uptick in natural gas prices.

Higher prices of natural gas, a key feedstock for nitrogen fertilizer, have resulted in increased production costs for CF. It saw a notable rise in natural gas costs during 2025. The average cost of natural gas increased to $3.31 per MMBtu (million metric British thermal unit) in 2025 from $2.40 per MMBtu a year ago.

The same for first-quarter 2026 increased to $4.57 per MMBtu from $3.68 per MMBtu a year ago, leading to a higher cost of sales. Natural gas prices have shot up in Europe and Asia due to constrained supply availability. Higher gas costs are expected to weigh on CF’s margins.

Among its peers, Nutrien Ltd. (NTR - Free Report) remains exposed to a volatile input cost environment amid supply tightness. Nutrien uses sulfur, ammonia and natural gas as key inputs. NTR saw higher sulfur input costs in the first quarter, leading to a higher cost of goods sold per ton in the phosphate businesses, hurting margins. It expects further pressure on phosphate margins in the second quarter, resulting from higher sulfur and ammonia costs.

The Mosaic Company (MOS - Free Report) is also buffeted by higher costs of inputs.  Mosaic uses sulfur and ammonia as key inputs for the production of phosphate. It witnessed a sharp increase in sulfur price since late 2025, which weighed on phosphate margins in the first quarter. MOS expects an additional impact of the sulfur price inflation on the cost of goods sold in the second quarter.

CF’s Price Performance, Valuation & EstimatesCF Industries has gained 11.7% in the past year compared with the Zacks Fertilizers industry’s decline of 5.2%.

Image Source: Zacks Investment Research

From a valuation standpoint, CF is currently trading at a forward 12-month earnings multiple of 7.15, a 34.1% discount relative to the industry average of 10.85X. It carries a Value Score of A.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for CF’s 2026 and 2027 earnings implies a year-over-year rise of 83.1% and a decline of 34.9%, respectively. The EPS estimates for 2026 and 2027 have been trending higher over the past 60 days.

Image Source: Zacks Investment Research

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

It also includes access to the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: SSR Mining (SSRM - Free Report) SSR Mining Inc. is a precious metals miner engaged in the operation, acquisition, exploration and development of gold and silver assets across four key jurisdictions: the United States, Türkiye, Canada and Argentina. Incorporated in British Columbia in 2005, the company is headquartered in Denver, Colorado. Its portfolio is anchored in several of the world’s most prolific mineral belts. These include the Çöpler mine along the Tethyan Metallogenic Belt in Türkiye; the Marigold mine situated on Nevada’s Battle Mountain–Eureka trend; the Cripple Creek & Victor (CC&V) mine in Colorado’s historic Cripple Creek Mining District; the Seabee operation along the Trans-Hudson Corridor in Saskatchewan, Canada; and the Puna operation positioned within the Bolivian silver belt in Jujuy, Argentina.

SSRM is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Additionally, the company could be a top pick for growth investors. SSRM has a Growth Style Score of A, forecasting year-over-year earnings growth of 123.9% for the current fiscal year.

Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.58 to $4.50 per share. SSRM boasts an average earnings surprise of +54%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, SSRM should be on investors' short list.

, /PRNewswire/ -- As part of the final round of grants through the Duke Energy Foundation's America250 initiative, $186,100 is being distributed to 16 nonprofit organizations across North Carolina that are bringing the nation's 250th anniversary to life through local stories, public art, oral histories and community programming.

Why it matters: The grants back hometown projects across more than 20 North Carolina counties – bringing history to life through museum exhibits, public art, oral histories and student field trips.

Dig in: From immersive exhibits and student access programs in Charlotte and Winston-Salem to a statewide rural storytelling tour led by PBS North Carolina and community-driven projects along the coast, these efforts help more North Carolinians connect with the people, places and stories that shaped the country.

Our view – Kendal Bowman, Duke Energy's North Carolina president: "North Carolina's story is woven into America's story – from the pivotal moments at Kings Mountain and the Battle of Guilford Courthouse to the bold declarations of independence in Halifax and Mecklenburg, and the small-town main streets that built this state. These grants give communities the chance to tell their own piece of that 250-year story in ways that bring people together, spark curiosity in the next generation and remind us that history doesn't just live in textbooks – it lives right here, in our towns and neighborhoods."

Where the funding is going:

Western N.C.

Friends of Lake James State Park: Expanding the free Overmountain Victory Trail Annual March Celebration with Native American stories, traditional music, living-history demonstrations and a StoryWalk® for families across seven mountain counties. Transylvania Heritage Museum: Mounting Let Freedom Ring, a six-month exhibit and program series exploring Revolutionary-era Appalachia through Patriot soldiers, an Enslaved African Provision Garden and a Cherokee Medicine Wheel.  Tryon Arts & Crafts School: Digitizing 200+ Foothills heritage artifacts, hosting the Hearth & Anvil culinary challenge and curating two museum-grade exhibitions celebrating multigenerational mountain craft. Piedmont & Charlotte region

Charlotte Museum of History: Hosting American Revolution, Augmented – the East Coast's first major semiquincentennial exhibition, with 23 interactive 3D and VR experiences expected to reach 150,000 visitors from five states. Lincoln County Historical Association: Building a 1,200-square-foot multimedia museum display tracing Lincoln County from the Catawba people and 1779 through the formation of Lake Norman, with portable mini-exhibits for schools. Stanly County Arts Council: Producing a traveling 8'-by-20' mosaic mural – 950 hand-painted tiles by Stanly County residents – that will tour all 10 municipalities before its permanent installation. Soil Conservation Society of America, N.C. Chapter: Revitalizing the Anson County homeplace of Hugh Hammond Bennett – the "Father of Soil Conservation" – with interpretive signage, historical markers and a native pollinator demonstration garden. Old Salem Inc.: Underwriting admission and bus transportation so 1,175 Winston-Salem/Forsyth County Title I students can experience pre-Revolutionary life inside a National Historic Landmark district. Triangle & Central N.C.

Alliance for Historic Hillsborough: Completing Phase II of Telling the Full Story, an interactive digital map paired with oral histories that surface the Black and Indigenous voices that helped shape one of N.C.'s oldest towns. Friends of the City of Raleigh Museum: Launching Patterns of Belonging, a year-long exhibit featuring journals, murals and recorded reflections from Raleigh Parks' English Language Learners on what America means to them. Durham Center for Senior Life: Producing Preserving Memories, a 10-panel oral history exhibit with QR-linked audio that elevates Durham's older adults as the community's memory-keepers. Clayton Historical Association: Hosting Clayton Area History Day with reenactors, blacksmiths, period musicians and Colonial-era demonstrations that connect Johnston and Wake counties to the Revolutionary story. Heritage Quilters Giving Circle: Creating Stitching the People's History, a series of portrait quilts and essays honoring change leaders in Warren and Vance counties – from Congresswoman Eva Clayton to civil rights organizer Ella Baker. Coast & Eastern N.C.

Tryon Palace Foundation: Transforming a New Bern lot into Wilson Park, a landscaped green space anchored by a 16-foot sculpture by N.C. artists telling the stories of New Bern's free and enslaved African American artisan class. WWII Wilmington Home Front Heritage Coalition: Delivering public history programs in America's first WWII Heritage City – honoring shipyard workers, Coast Guard history, women's wartime contributions and local Medal of Honor recipients. Statewide

NC Public Television Foundation: Bringing PBS NC's Homegrown History series into two rural communities for free documentary screenings, moderated dialogue and a story-submission portal that adds local voices to the national archive. Big picture: These grants represent the second round of funding under the Duke Energy Foundation's America250 initiative, a more than $1 million investment in community‑driven projects across the company's six states to recognize America's 250th anniversary.

Duke Energy Foundation
Duke Energy Foundation provides nearly $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.  

Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.

Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.

More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities. 

Contact: Madison McDonald
24-Hour: 800.559.3853

SOURCE Duke Energy

Monthslong initiative capped off with more than $260,000 in grants to 14 nonprofits telling the American – and Palmetto State – story , /PRNewswire/ -- As America's 250th anniversary approaches this Fourth of July, Duke Energy Foundation is providing more than $260,000 in grants to South Carolina organizations to help preserve local history and expand civic learning across the Palmetto State. This is the final round of the Foundation's America250 initiative, completing a $550,000 investment in South Carolina tied to the nation's anniversary focused on community-driven projects.

Where the money goes: The grants have been awarded to 14 organizations that will help educate and share history at a statewide and local level.

SC American Revolution Trust International African American Museum Black Creek Arts Council Dillon County Boys and Girls Club Fine Arts Center of Kershaw Lancaster Council of Arts Performing Arts and Science Academy (PASA) Oconee History Museum Honor for Heroes Partners for Active Living (PALS) Kids Upstate Beautiful Places Alliance Sumter Museum Ann Springs Close Greenway Why it matters: "As we plan to celebrate this milestone anniversary in our country, it's important to recognize that history is local, personal and still making an impact on our communities," said Tim Pearson, Duke Energy South Carolina president. "We are proud to support our communities in bringing those stories forward in a way that helps invite people to learn, reflect and connect."

Positive Response:

Molly Fortune, South Carolina American Revolution Sestercentennial Commission Chief Executive Officer: "As we celebrate the founding of our nation, we are grateful to the Duke Energy Foundation for this grant which will help give equal access to immersive historical experiences to students across the Palmetto State. Sharing the South Carolina story is an important part of America's 250th anniversary, and we are grateful that Duke Energy has helped us to create a lasting impact on students and teachers in our state." Annie Rivers, Sumter Museum Executive Director: "The Sumter Museum is honored to be a recipient of the Duke Energy Foundation America250 Grant and is uniquely positioned to serve our community by enhancing and expanding our Carolina Backcountry Homestead programming for the 250th anniversary of the American Revolution. This support allows us to bring the American story to life through immersive living history experiences that connect our community to the people, skills, and struggles that shaped our shared past. By extending these programs both on-site and into the community, we will deepen access, inspire curiosity, and strengthen understanding of our region's role in America's founding story." Joy Raintree, Director of South Carolina State Parks: "We are grateful to the Duke Energy Foundation for helping make this project possible through the America250 grant program. This investment at Musgrove Mill will enhance how we share South Carolina's Revolutionary War history, creating meaningful educational experiences and stronger connections to our collective past for visitors and the local community." Annie Smith, Director, Dillon County Boys and Girls Youth Center: "Because of this grant, our students were able to stand in the very places where history was made, from Birmingham to Selma to Montgomery – and see the Civil Rights Movement not as a chapter in a book, but as a living legacy they are now part of. This support allows us to continue giving young people experiences that shape their identity, deepen their understanding of justice, and inspire them to lead with purpose." The Bigger Picture
The grants mark the final round of the Foundation's America250 initiative, completing a more than $1 million investment across six states tied to the nation's anniversary and helping communities bring local history to life in new, more accessible ways. Earlier this year in South Carolina, $275,000 was granted to organizations committed to taking care of our shared green spaces while $30,000 was granted to veteran workforce development.

Duke Energy Foundation
Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.

Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.

Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.

More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities.

Media Contact: Catherine Ramirez
24-Hour: 800.559.3853

SOURCE Duke Energy

Pinterest (PINS - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Shares of this digital pinboard and shopping tool company have returned +1% over the past month versus the Zacks S&P 500 composite's -1.3% change. The Zacks Internet - Software industry, to which Pinterest belongs, has lost 5.4% over this period. Now the key question is: Where could the stock be headed in the near term?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current quarter, Pinterest is expected to post earnings of $0.36 per share, indicating a change of +9.1% from the year-ago quarter. The Zacks Consensus Estimate has changed -16.7% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $1.91 points to a change of +19.4% from the prior year. Over the last 30 days, this estimate has changed -6.2%.

For the next fiscal year, the consensus earnings estimate of $2.22 indicates a change of +16.3% from what Pinterest is expected to report a year ago. Over the past month, the estimate has changed -0.5%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Pinterest is rated Zacks Rank #3 (Hold).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of Pinterest, the consensus sales estimate of $1.15 billion for the current quarter points to a year-over-year change of +15.3%. The $4.86 billion and $5.48 billion estimates for the current and next fiscal years indicate changes of +15% and +12.8%, respectively.

Last Reported Results and Surprise HistoryPinterest reported revenues of $1.01 billion in the last reported quarter, representing a year-over-year change of +17.8%. EPS of $0.27 for the same period compares with $0.23 a year ago.

Compared to the Zacks Consensus Estimate of $963.8 million, the reported revenues represent a surprise of +4.53%. The EPS surprise was +22.73%.

Over the last four quarters, Pinterest surpassed consensus EPS estimates two times. The company topped consensus revenue estimates three times over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Pinterest is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Pinterest. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

Micron remains one of the strongest AI winners of 2026 despite the recent semiconductor selloff. The stock has surged 268% year-to-date and 227% since 30 March, significantly outperforming the SOX Index and Nasdaq 100. The earnings report is less about historical numbers and more about visibility into future AI demand.

Wall Street indices opened higher on Wednesday as investors rotated back into beaten-down technology stocks and positioned ahead of key earnings from Micron Technology.

The positive start follows two straight sessions of losses driven by concerns over AI-related spending and interest rates.

The Dow Jones Industrial Average was up 67 points. While the S&P 500 rose 0.44% and the Nasdaq Composite gained 0.6%.

The move comes after the S&P 500 and Nasdaq Composite fell 1.44% and 2.21% in the previous session, extending a tech-led sell-off that wiped out more than $1 trillion in value from the Nasdaq 100 over recent days.

Oil prices also extended declines, with Brent crude falling 3% to around $74 a barrel and West Texas Intermediate slipping 3% to around $71, as geopolitical tensions in the Middle East remained in focus.

Semiconductor and memory chip stocks led the rebound after sharp losses on Tuesday.

Micron Technology rose about 2.11% in trading, while SanDisk added 2.7%, recovering part of its 13% decline in the prior session.

The Roundhill Memory ETF also moved higher after dropping 14% on Tuesday.

Micron’s earnings, due after the closing bell, are now a key focal point for investors assessing the durability of the AI-driven semiconductor rally.

Micron has been one of the standout performers of the year, rising more than 268% in 2026 despite recent volatility.

Analysts surveyed by FactSet expect earnings of $20.83 per share on revenue of $35.75 billion.

Other chipmakers also rebounded in trading, with Intel and Qualcomm both up more than 1% after steep losses in the previous session.

The recent market weakness has been driven by concerns over debt-funded artificial intelligence infrastructure spending and expectations of a more hawkish Federal Reserve.

Traders are increasingly pricing in a potential second rate hike by the Fed by December-end, according to CME Group’s FedWatch tool, as inflation expectations remain elevated.

Investors are also awaiting Thursday’s release of the Personal Consumption Expenditures Price Index, the Fed’s preferred inflation gauge, with economists expecting a reading of 4.1%.

Concerns over the AI trade have also broadened beyond chips.

Analysts pointed to pricing pressure and shifting strategies among major technology firms, including changes in approach from Microsoft regarding lower-cost AI models.

Despite recent volatility, JPMorgan raised its year-end S&P 500 target to 7,800 points, citing strong earnings momentum and economic resilience.

Broader markets stabilize as earnings and geopolitics remain in focusOutside of technology, several notable stocks moved on company-specific developments.

Cerebras Systems fell 11.24% after forecasting lower full-year profit margins in its debut earnings report since going public.

FedEx dropped 0.3% after reporting weaker margins in its core delivery business, while Hertz plunged 23% following a weak outlook and a planned equity offering.

Alphabet gained 1.66% after S&P Global said it would replace Verizon in the Dow Jones Industrial Average, adding to its recent strength.

As investors await Micron’s results, sentiment remains balanced between renewed buying in beaten-down tech stocks and lingering concerns over valuations, monetary policy, and AI-driven capital spending.

Global equity markets woke up to a severe shock on the morning of June 23, 2026. South Korea's KOSPI index plunged 10%, triggering a market-wide trading halt and delivering the third-worst regional decline of the calendar year. The sharp sell-off was driven by an MSCI Developed Market inclusion setback, fears of taxation on unrealized capital gains, and aggressive portfolio rebalancing by the National Pension Service. Heavyweight memory-chip makers absorbed massive hits in Seoul, and that regional selling pressure immediately crossed the Pacific.

Micron Technology Today

MU

Micron Technology

$1,038.57 -13.20 (-1.26%)

As of 12:40 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$103.38▼

$1,213.56Dividend Yield0.06%

P/E Ratio49.19

Price Target$1,008.13

Shares of Micron Technology NASDAQ: MU started slipping in pre-market trading, sliding more than 8% at the opening after closing the previous session at an all-time high.

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Panic selling often blinds market participants to underlying business fundamentals. This sudden pullback arrives less than 48 hours before a historic fiscal third-quarter earnings report and just one day after a transformative partnership announcement.

For investors monitoring the artificial intelligence hardware rotation, this macro-driven dip in a structurally sound asset creates a highly compelling entry window. The prevailing data suggests the broader market is vastly underestimating the long-term cash flow generation of the memory sector. Smart capital does not panic during regional liquidity events; it accumulates assets at a temporary discount.

From Memory Maker to Neural ArchitectOn June 22, Micron executives revealed a multi-layered strategic agreement with Anthropic. This alliance guarantees a long-term supply of high-bandwidth memory, standard dynamic random-access memory, and solid-state drives for Anthropic's frontier Claude models. The deal moves significantly beyond a traditional vendor relationship. Micron Technology and Anthropic will actively co-design memory subsystems specifically optimized for agentic artificial intelligence infrastructure and complex token economics.

Micron Technology also secured a strategic equity stake in Anthropic's Series H funding round. This massive funding initiative raised $65 billion at a staggering $965 billion valuation ahead of a confidential United States initial public offering filing. Coupling dedicated hardware supply with an equity stake in one of the world's most dominant artificial intelligence developers transforms Micron from a cyclical component manufacturer into a foundational co-designer of next-generation compute architecture.

The partnership operates in both directions to compound operational efficiencies. The agreement includes the enterprise-wide deployment of Claude inside Micron Technology operations, integrating advanced language models directly into semiconductor manufacturing and fabrication design processes. This internal adoption aims to accelerate research and development cycles, creating structural cost advantages that legacy competitors will struggle to match.

Monetizing the AI Brain's Bandwidth DeficitTo understand the true ceiling of this market, investors need to consider the physical limitations of silicon fabrication. High-bandwidth memory requires more than three times the wafer capacity of conventional dynamic random-access memory. As global fabricators allocate massive portions of their production lines to meet the insatiable demand for artificial intelligence clusters, the standard memory supply is effectively being starved.

Micron Technology's calendar-year 2026 high-bandwidth memory capacity is entirely allocated and sold under non-cancelable, multi-year contracts. This total supply vacuum has triggered a sequential surge of over 60% in average selling prices for standard dynamic random-access memory. Wall Street consensus projects the upcoming fiscal third-quarter revenue to hit $35.59 billion, a 282.6% year-over-year increase that handily beats previous guidance ranges.

Even more critical for free cash flow generation, gross margins are estimated to reach an unprecedented 81.6%. When a semiconductor manufacturer possesses absolute pricing power alongside guaranteed multi-year demand, cyclical margin compression becomes a distant threat rather than an immediate risk. Despite climbing over 320% since the start of the calendar year, Micron Technology trades at a forward price-to-earnings (P/E) ratio of just 20. Generating $16.20 in cash flow per share, the underlying valuation remains grounded in massive earnings growth rather than speculative multiple expansion.

Whales Accumulate During the GlitchMicron's trailing 12-month rally of almost 900% naturally invites heavy protective positioning. Heading into the June 24 earnings call, the options market exhibits intense hedging activity. Implied volatility for the weekly expiration has spiked to 155%, while the institutional put-to-call ratio has risen to 1.60. Market makers are currently pricing in a massive post-earnings swing of up to 17%.

Micron Technology, Inc. (MU) Price Chart for Wednesday, June, 24, 2026

This pre-earnings volatility, heavily exacerbated by the South Korean market plunge, reflects tactical risk management rather than a fundamental deterioration in the core business. Regulatory filings show that key insiders, including Chief Executive Officer Sanjay Mehrotra, have recently sold shares. This predictable activity reflects routine capital preservation and basic profit-taking following a historic run, not a lack of internal conviction regarding future earnings.

Behind the protective put buying, major funds continue to aggressively accumulate shares. Recent Securities and Exchange Commission Form 13F filings reveal sophisticated capital building deep positions despite the high nominal share price. Top holders such as Bank of America Corp and Dimensional Fund Advisors LP maintain substantial allocations. Generate Investment Management Ltd recently doubled its stake, adding over 100% to its holdings, bringing its total to 202,187 shares valued at more than $68 million.

Cementing the Foundation of Neural ComputeThe prevailing narrative surrounding memory stocks typically focuses on boom-and-bust cycles. Historical data shows that overcapacity eventually floods the semiconductor market, collapsing prices and destroying margins. The transition to advanced artificial intelligence infrastructure directly challenges that legacy model.

Building agentic artificial intelligence models capable of autonomous reasoning requires exponentially larger memory pools than early-stage generative chatbots. The physical economy simply cannot produce enough advanced memory to oversupply the market within the next 24 months. Total available wafer capacity acts as a hard ceiling on global output, guaranteeing elevated pricing power for the few manufacturers capable of producing high-bandwidth solutions.

Investors monitoring the semiconductor rotation may find the current macro-driven pullback an attractive area to reassess portfolio exposure. Cautious market participants might prefer to wait for the volatility to settle following the June 24, 2026, earnings call. Those seeking foundational infrastructure plays may want to add Micron Technology to their immediate watchlist, as absolute supply scarcity and strategic artificial intelligence integrations establish a highly defensible long-term floor for memory pricing.

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The artificial intelligence boom has created winners across the semiconductor industry, but few areas have benefited more recently than memory chips. Every AI server needs vast amounts of high-bandwidth memory (HBM) and DRAM to feed increasingly powerful processors from Nvidia (NASDAQ:NVDA | NVDA Price Prediction), Advanced Micro Devices (NASDAQ:AMD), and others. Without memory, even the fastest AI chip becomes a bottleneck.

That demand has transformed memory manufacturers into some of the market’s biggest winners. In the U.S., no company has benefited more than Micron Technology (NASDAQ:MU). The stock has surged roughly 270% year-to-date and 726% over the past year, even after suffering a 13% pullback during yesterday’s selloff. 

Yet a new development could alter where investors put their next dollar. South Korean memory giant SK hynix plans to begin trading American depositary receipts (ADRs) on the Nasdaq on July 10.

The question isn’t whether Micron remains a strong investment. It does. The real question is whether SK hynix now deserves a larger share of new capital.

The AI Memory Shortage Remains Intact The investment case for memory stocks remains straightforward. AI infrastructure spending continues to accelerate.

The world’s four largest hyperscalers are expected to spend hundreds of billions of dollars on AI infrastructure this year, and memory remains one of the industry’s tightest supply constraints. According to industry market-share data, three companies effectively control the entire HBM market:

Company HBM Market Share SK hynix 57% Samsung Electronics 22% Micron Technology 21% Those numbers tell investors something important. While Micron has become the primary U.S. beneficiary of the AI memory boom, SK hynix remains the industry’s dominant supplier.

The story looks similar in DRAM.

Company DRAM Market Share Samsung Electronics 38% SK hynix 29% Micron Technology 22% Others 11% In both critical memory categories, three companies control nearly the entire market. That’s a powerful position when demand continues to exceed supply.

Micron Is Still Winning Let’s be clear: nothing about SK hynix’s Nasdaq listing weakens Micron’s business. The memory chipmaker remains my favorite stock to own in 2026. The company has successfully moved up the value chain, becoming a major supplier of HBM used in AI accelerators. Revenue, margins, and earnings have all benefited from rising memory prices and persistent shortages.

Perhaps most importantly, Micron remains the only major U.S.-based producer competing at the highest levels of the memory market. That strategic position has become increasingly valuable as governments and customers seek supply-chain diversification.

Granted, Micron’s stock has delivered enormous gains. After a 726% run over the past year, expectations are far higher today than they were 12 months ago. That doesn’t make the stock unattractive, but it does raise the hurdle for future returns.

Why SK hynix Changes the Investment Equation SK hynix’s Nasdaq arrival gives U.S. investors something they haven’t had before: easy access to the memory industry’s market-share leader.

Surprisingly, many American investors have owned Micron simply because it was the most accessible pure-play memory stock available in U.S. markets. Beginning July 10, they’ll be able to buy shares in the company controlling 57% of the HBM market and holding the No. 2 position in DRAM.

That changes the calculus. If investors are looking to deploy fresh capital into the AI memory theme, SK hynix may offer the stronger opportunity because it leads the most important segment of the AI memory market. HBM has become the fuel powering modern AI systems, and SK hynix currently occupies the driver’s seat.

That said, this doesn’t create a sell signal for Micron. Far from it. The memory shortage remains intact, AI spending continues rising, and Micron still controls 21% of the HBM market and 22% of the DRAM market.

Key Takeaway In short, investors don’t need to dump Micron because SK hynix is joining the Nasdaq. Micron remains one of the strongest ways to invest in the AI infrastructure buildout and continues to benefit from robust demand for HBM and DRAM.

However, SK hynix’s July 10 ADR listing introduces a compelling new option, as it holds stronger competitive positions in the two memory categories driving AI growth. For investors putting new money to work after the recent selloff, SK hynix may deserve a larger allocation.

Ultimately, the smartest move may not be choosing one over the other. The AI memory shortage appears likely to persist for years, and owning the companies that dominate the market could prove far more important than trying to pick a single winner.

© William Potter / Shutterstock.com

Before Micron Technology’s (NASDAQ:MU | MU Price Prediction)  fiscal Q3 2026 results, Stephanie Link of Hightower told CNBC viewers what most retail traders watching a parabolic chart do not want to hear. The fundamentals are fine. The entry point is the problem. Micron is up 229% year to date after a run from $285.28 at the end of 2025 to $1,051.77 at Monday’s close, and Link wants you to wait.

What Link actually said Her exact framing on the segment was direct. “This stock is up 268% year to date. We’re short memory. ASPs are going to be north of 30 to 35%. I think the guidance is going to be great. I think it’s going to be a great report. Just high expectations. Wait for a pullback. You know I’m thinking like 10, 15%, 20%. I think that’s when you can buy.”

Link’s argument is with the cushion. The cycle itself looks healthy. DRAM supply is tight, hyperscalers are still writing capex checks like the cloud build needs another rerun, and Micron has been raising guidance at a cadence that makes the sell-side look quaint. The question on a day like today is whether a stock that already moved 40.05% in the past month can absorb good news without a digestion period.

The numbers behind the run The Q2 fiscal 2026 report Micron delivered in March set the stage for everything that has happened since. Revenue came in at $23.86 billion, up 196.3% year over year, beating the $19.51 billion consensus by 22.28%. Non-GAAP EPS landed at $12.20 against an $8.73 estimate. GAAP gross margin expanded to 74.4% from 36.8% a year earlier, an operating-leverage profile you usually only see in software businesses pretending to be hardware.

Then management guided fiscal Q3 to $33.5 billion in revenue, $19.15 in non-GAAP EPS, and roughly 81% gross margin. CEO Sanjay Mehrotra framed it succinctly in the Q2 release, saying “In the AI era, memory has become a strategic asset for our customers” while the board pushed through a 30% dividend increase to $0.15 per share. The same filing, documents $650 million in repurchases over the six months ended February 26, 2026.

Why expectations are the real risk Link’s caution has receipts. The Polymarket contract for tonight’s report prices a 96.65% probability that Micron beats the $19.66 non-GAAP EPS estimate. Options markets agree something is coming, with one widely shared r/options post noting implied volatility at the 98th percentile heading into the report.

When the prediction market consensus is functionally certain and the options chain is pricing a panic-grade move, a clean beat may already be in the stock. Reddit sentiment captured the tension, with one popular post observing that “MU is pricing in some insanely abnormal panic” the night before earnings.

The Tom Lee counterpoint Tom Lee of Fundstrat offered the patient man’s rebuttal on the same segment. “Investors have actually benefited from taking a longer time horizon on a lot of these ideas. There’s a lot of visibility and that’s pretty scarce when you look outside of AI.”

His point reframes Link’s tactical concern. If order books really extend into 2027 and HBM remains supply-constrained, then trying to thread a 15% pullback risks underweighting an asset that keeps repricing higher between dips.

What to watch tonight Three things matter when results hit. First, whether the company guides fiscal Q4 above the implicit run rate set by tonight’s $33.5 billion midpoint. Second, whether HBM allocations stretch deeper into calendar 2027, which would validate the supply-tightness thesis Link cited.

Third, the reaction itself. A muted move on a clean beat is exactly the pullback Link is waiting for, and the stock already gave back 1.63% on Tuesday’s session before the report. Patience and conviction are both defensible here. The trade is choosing which one matches your time horizon.

Micron's stunning performance this year could be about to get even better.

Pre-market futures are mostly up at this hour, but off earlier morning highs. Global concerns about AI spending have once again dominated conversations on Wall Street over the past week or so, and after 20%+ growth in the tech-heavy Nasdaq year to date, the June swoon has taken profits and brought down gains here in the final weeks of the first half of calendar 2026.

Earnings results for one of the more recent trillion-dollar AI companies, Micron (MU - Free Report) , are due after today’s close. The Zacks Rank #1 (Strong Buy) company is up +3% in early trading this morning, but roughly flat over the past month and -4% in the days leading up to the print. Expectations are typically lofty for one of the top AI firms, with +998% projected earnings gains on +292% in revenues for its fiscal Q3 performance.

Micron is working on a string of 12 straight earnings beats, with the trailing four-quarter average around +21%. So +1000% earnings growth year over year would not be too big of a surprise. That said, the share price has exploded to $1100 per share. A year and a half ago, Micron was trading under $100 per share.

Homebuilding Takes Center Stage After Months in CrisisIn a bipartisan bill passed by both houses of the U.S. Congress — when’s the last time we said that? — the 21st Century Road to Housing Act demonstrates lawmakers addressing the struggles in the domestic housing market. With a deficit of between 4-7 million homes and demand pushing prices ever higher, including +6% per month in places like Chicago, we see the housing formation on which much of the economy relies wallow at crisis levels.

The Road to Housing Act aims to cut both time and costs to create new housing, reducing red tape and staunch requirements for building. It also will give local jurisdictions more flexibility to convert unused structures into multi-family housing units, with monetary incentives included for communities committed to increasing housing supply. The bill is scheduled to be signed into law by President Trump today.

After today’s opening bell, New Home Sales for May are due. Expectations are for a bump of +10K from the previous month to +632K seasonally adjusted, annualized units, which would remain on the low end of the range over the past 10 years. Compare this with the recent high — +748K in November of 2025 — and low: +576K in January of 2026.

The tally for April demonstrated a downturn of -6.2% in new home sales, as mortgage rates stayed aloft and home prices continued to climb, particularly in the big cities. The survey saw a 9.4 months’ supply of new housing, totaling 489K units. The median price for a new home last month, nation-wide, was $422,500.

KB Home (KBH - Free Report) , in its fiscal Q2 report Tuesday afternoon, saw a +2% beat on revenues but a -0.99% miss on earnings. These were off expectations of -71% earnings growth year over year and -28% on revenues. Homebuilder Lennar (LEN - Free Report) and Pulte Home (PHM - Free Report) report earnings roughly four weeks from now.

Key Takeaways ISRG raised 2026 procedure growth outlook to 13.5-15.5% as adoption accelerates.Intuitive Surgical posted 23% Q1 revenue growth, with recurring revenues now at 86% of sales.ZBH is expanding robotics with ROSA and mBos, but growth remains slower than peers. The surgical robotics market remains one of the fastest-growing segments within the MedTech industry, and both Intuitive Surgical (ISRG - Free Report) and Zimmer Biomet (ZBH - Free Report) are investing aggressively to capture long-term growth. Intuitive Surgical continues to dominate robotic-assisted surgery through its expansive da Vinci ecosystem, while Zimmer Biomet is building momentum in orthopedic robotics with ROSA and next-generation autonomous robotic systems.

Although ISRG has lost 28.8% year to date compared with ZBH’s modest 2.6% decline, the long-term growth outlook appears more favorable for Intuitive, particularly as innovation and procedure growth continue accelerating into the remainder of 2026.

Both companies enter the second half of 2026 with meaningful catalysts ahead. ISRG recently raised its full-year procedure growth outlook to 13.5-15.5%, reflecting confidence in continued adoption of da Vinci 5, Ion, and SP platforms.

Zimmer Biomet reaffirmed revenue growth guidance of 1-3% while raising EPS expectations to $8.40-$8.55 as its commercial transformation and robotics investments begin to show early progress. While both companies remain innovation-driven, Intuitive Surgical’s stronger growth trajectory continues to stand out.

YTD Price Chart ISRG vs ZBH

Image Source: Zacks Investment Research

Case for ISRGIntuitive Surgical’s greatest strength lies in its unmatched leadership in robotic-assisted surgery and its highly scalable recurring revenue model. In the first quarter of 2026, revenues surged 23% to $2.77 billion, significantly outpacing the company’s 17% procedure growth — an indication that innovation is driving pricing power and improving monetization.

Recurring revenues grew 23% to $2.4 billion and now accounts for 86% of total revenues, providing exceptional earnings visibility. The continued rollout of da Vinci 5, which now has nearly 1,500 installed systems globally, remains a key driver of future growth.

Beyond core robotic surgery, ISRG continues expanding into high-growth adjacencies. Ion procedures grew 39%, while SP procedures jumped 68%, reflecting broader adoption across lung biopsy and minimally invasive specialty procedures. The company is also aggressively building AI-enabled capabilities around force feedback, digital surgery, telepresence, augmented dexterity, and future automation, strengthening its long-term competitive moat.

Challenges remain in China and Japan due to tender weakness and pricing pressure, but management’s raised outlook suggests confidence that these headwinds remain manageable. With a Zacks Rank #2 (Buy) and stronger earnings momentum, ISRG remains well positioned for the rest of 2026.

ISRG’s Sales Estimate

Image Source: Zacks Investment Research

Case for ZBHZimmer Biomet’s core strength lies in its orthopedic robotics strategy and broader diversification across implants, technology, and surgical solutions. In the first quarter of 2026, the company delivered organic revenue growth of 2.9% and adjusted EPS growth of 15.5%, driven by strong adoption of ROSA robotics, TMINI systems, AI-enabled hip navigation through OrthoGrid, and accelerating shoulder and upper-extremity businesses. Technology and data-driven solutions grew nearly 12%, while robotic sales continued expanding at double-digit rates.

The company’s future growth strategy centers on its autonomous robotic platform mBos, acquired through Monogram, which management expects to launch in a semi-autonomous form in early 2027. Additional growth drivers include the Paragon 28 acquisition, expanding digital orthopedic ecosystems, and increasing investments in AI-enabled robotics.

However, near-term challenges remain meaningful. The company continues to navigate disruption from its large U.S. sales force transformation, ongoing pricing pressure in legacy knee implants, modest international growth, and a slower overall revenue growth profile compared with Intuitive Surgical. While ZBH remains a stable operator, its Zacks Rank #3 (Hold) reflects a comparatively more measured upside outlook.

ZBH’s Sales Estimate

Image Source: Zacks Investment Research

Valuation ComparisonISRG trades at a premium, but this valuation is supported by sustained double-digit growth, expanding global adoption, and a long runway in minimally invasive surgery. Its performance demonstrates resilience despite external pressures, such as tariffs. The company currently trades at a forward 12-month P/E multiple of 36.56X, well above the industry average of 23.71X, and carries a Value Score of D.

ISRG’s P/E F12M Chart

Image Source: Zacks Investment Research

ZBH offers a more balanced risk profile, with dependable earnings growth and margin expansion driven by operational discipline. Its upside potential appears comparatively constrained, given its mature and diversified business mix. The company currently trades at P/E F12M ratio of 10.08X, below the industry average of 15.2X. ZBH carries a Value Score of B.

ZBH’s P/E F12M Chart

Image Source: Zacks Investment Research

ConclusionBoth Intuitive Surgical and Zimmer Biomet are positioning themselves to benefit from the long-term adoption of robotic-assisted surgery, but their growth trajectories differ considerably. Zimmer Biomet offers steady execution, expanding orthopedic robotics exposure, and promising long-term innovation through autonomous surgery platforms.

Intuitive Surgical continues to offer a strong investment case currently. Its superior revenue growth, expanding recurring revenue model, aggressive AI integration strategy, and dominant installed base create a significantly stronger long-term growth narrative. Despite stock underperformance this year compared to ZBH, ISRG’s accelerating innovation pipeline makes it the better robotic surgery stock to own right now.

Ryan Cohen, the GameStop chairman and CEO whose Chewy exit made him a household name in retail-investor circles, sat down with Jason Calacanis on the All-In podcast and made clear that his unsolicited run at eBay is not a pose. “I’m going to do whatever we need to do, whatever I need to do in order to succeed,” he said when asked about going hostile or launching a tender offer. The message to eBay (NASDAQ:EBAY | EBAY Price Prediction) shareholders, and to the board that already told him no, is that he plans to keep showing up.

The board of eBay has treated the bid as something to be managed rather than negotiated. In May, directors rejected Cohen’s $55.5 billion offer at $125 per share as “neither credible nor attractive,” citing financing, operational risk, and governance concerns. Cohen’s response was to keep buying. GameStop (NYSE:GME) has built its position to roughly 7.8% of eBay, and its Q1 FY2026 filing now lists the “proposed acquisition of eBay Inc.” as a formal risk factor, complete with derivative positions providing economic exposure.

Cohen’s argument in his own words The strategic case Cohen made to Calacanis was a scope argument, not a cost-cutting one. “It makes sense for me to pay this for the business because of what I could do with the business. Not just short-term in terms of increasing the earnings, but long-term in terms of really taking significant market share in live commerce,” he said, framing the deal as a path to “a digital marketplace for gaming.” Existing eBay management, in his telling, could “never” build that “in their wildest dreams.”

Then comes the antitrust wrinkle. Cohen argued that eBay’s natural strategic acquirers, Amazon and other platform giants, are boxed out by regulators, so a competing bid is unlikely. Without rival bidders, eBay’s bankers end up negotiating against themselves, and if active holders sell into the open market to event-driven funds, the board faces a different shareholder base than the one that backed the rejection. Cohen said he is working with “high-priced advisors” and has “a lot of different escalation paths.”

What the numbers support The arithmetic of the bid is what skeptics keep returning to. GameStop carries a market cap near $9.64 billion and is trying to swallow a company worth roughly $49.4 billion. eBay closed out FY2025 with $11.1 billion in revenue, $1.996 billion in net income, and a $1.2 billion all-cash deal for Depop already in the pipeline, details visible in the company’s Q4 8-K filing. eBay shares have risen 28% year to date and ~50% over the past year, which complicates any premium argument. The stock currently trades at $111, narrowing the gap to Cohen’s $125 offer and shrinking the headline premium.

Financing is the other open question. GameStop has roughly $7.40 billion in cash and securities and points to a $20 billion financing commitment from TD Securities, though that arrives in the form of a “highly confident letter” rather than hard capital. Michael Burry exited his GameStop position after the bid, telling anyone who would listen that “the debt is the problem.” Steve Eisman lined up alongside him.

What the market is pricing Prediction markets have settled into a clear stance. Polymarket bettors put the odds of GameStop acquiring eBay by year-end 2026 at 14%, with an 86% implied probability that the deal fails. The market is competitive and well-trafficked, which makes the skepticism harder to dismiss as thin liquidity.

GameStop itself is the wildcard. Q1 FY2026 revenue grew 14% to $835.3 million, gross margin expanded to 40.7% from 34.5%, and the collectibles category jumped 65% year over year. Shares are roughly flat year to date, which suggests holders are not penalizing Cohen for the eBay distraction, but they are not rewarding him either.

Cohen has built the cash, the stake, and the rhetoric. Whether eBay’s board ever has to actually negotiate depends on whether shareholders make them.

SEATTLE--(BUSINESS WIRE)--Flood-prone America lost far more residents than it gained in 2025, continuing and intensifying a trend that started in 2024, according to a new report from Redfin, the real estate brokerage powered by Rocket.

High-flood-risk U.S. counties lost 63,357 more residents than they gained in 2025. That’s nearly double the net outflow from the year before. In 2024—the first time in five years flood-prone counties posted a net outflow—34,099 more people moved out than in.

The opposite trend is happening in places at low risk of flooding. Low-flood-risk counties gained 69,857 more people than they lost last year—the biggest gain since 2018.

This is based on a Redfin analysis of domestic migration data from the U.S. Census Bureau (excludes immigration) and climate-risk scores from First Street. Redfin defines a high-risk county as one that ranks in the top 10% when it comes to the share of homes facing high flood risk—in other words, counties with 23.7%-99.1% of homes facing high risk. Migration data for 2025 covers July 1, 2024-July 1, 2025.

The significant uptick in movement away from flood-prone places suggests that concerns about flooding and climate are beginning to reshape where Americans choose to settle. While high-flood-risk counties are losing residents, lower-risk counties are seeing strong population gains, indicating that more movers may be prioritizing climate resilience and relative safety in their relocation decisions.

Several forces are likely driving residents away from flood-prone parts of America:

Increasing climate risks. Repeated flooding and stronger storms have increased the physical and financial risks of living in vulnerable communities, particularly in coastal and low-lying regions.Rising cost of homeownership in flood-prone places. Homeowners in high-risk counties are facing rising insurance premiums, higher repair costs and, in some cases, difficulty obtaining or renewing flood coverage altogether. Soaring HOA dues in places that are particularly prone to climate disasters are also a factor.Those pressures have been compounded by the rising cost of homeownership more broadly. Buyers are weighing long-term climate risks when deciding where to move, and many appear to be choosing areas where the threat of flooding—and the costs associated with it—are lower.Reduced community appeal of flood-prone areas. Frequent disasters can also disrupt local economies, damage infrastructure and reduce property values, making flood-prone communities less attractive places to live over time.Destroyed or damaged homes. In some flood-prone counties, thousands of homes have been destroyed or damaged by recent hurricanes, prompting people to move away.Factors other than climate, such as soaring home prices and politics. Soaring housing costs have driven some residents out of flood-prone places. And Redfin agents have said some people who moved to Florida during the pandemic are now leaving because they don’t like the state’s politics.“If you don’t live here and you’re thinking of moving here, hurricane risk is top of mind,” said Kyle Kleinman, a Redfin agent in Miami. “I’ve worked with a lot of house hunters who were searching in Miami from out of town, then they completely backed out. Most of them realized it’s much more expensive to live here than they thought because of flood risk and sky-high insurance premiums. Coupled with high mortgage rates, the expense is through the roof.”

Miami Leads List of Flood-Prone Places Losing Residents

Miami-Dade County lost 72,254 more residents than it gained last year—the largest net outflow among the flood-prone counties in this analysis. That’s also the largest net outflow on record for the county.

Florida counties make up four of the 10 flood-prone places that lost the most residents in 2025: In addition to Miami-Dade, Pinellas (Clearwater and St. Petersburg), Collier (Naples) and Monroe (Key West) counties are on the list.

Harris County, TX, home to Houston, had the second-biggest outflow of residents in 2025. It lost 43,377 more residents than it gained.

Notably, Orleans Parish, LA (New Orleans) and Jefferson Parish, LA (part of the greater New Orleans area) are both on the top 10 list: They have net outflows of 2,724 and 5,553, respectively. In both of those counties, nearly all (roughly 99%) of homes face high flood risk—the highest shares in the nation.

In all but two of these counties, net outflow accelerated in 2025 from 2024. The exceptions are Hudson County, NJ (Jersey City) and Orleans Parish.

“Climate risk is becoming a more important factor when Americans weigh the costs and benefits of living in a certain place,” said Daryl Fairweather, Redfin’s chief economist. “Repeated disruptions and damage from extreme weather are making it more expensive—and less predictable—to own homes and live in the most flood-prone parts of the country. It’s becoming more common for natural disasters to cost homeowners money in the form of rising insurance premiums and repairs. When people’s bank accounts take a hit, they’re more likely to genuinely consider living in a less risky place—or reconsider a move to a risky place.”

Climate Risk Is a Top Reason Americans Are Moving This Year: Redfin Survey

Climate risk is one of the top reasons Americans are looking to move, according to a Redfin survey conducted by Ipsos in May 2026.

The survey asked roughly 1,000 U.S. residents with plans to move in the next 12 months about their reasons for moving. Nearly one in six (16%) said “concern for natural disasters or climate risks in my previous area, including heat, drought, flooding, fire, smoke or poor air quality.”

Respondents could choose from 29 possible reasons; concern for natural disasters was the fourth-most common reason. The only more commonly cited answers were “want more space,” “upgrade to a better home or neighborhood,” “lower overall cost of living,” and “concern for safety/crime.” Concern for natural disasters ranked higher than every other option, including “to be with or nearer to family” and “move for a new job or job relocation.”

Among people planning to move out of state in the next 12 months, one in five (21%) are moving due to concern about natural disasters. That was the second most commonly cited reason; only better weather (22%) surpassed it.

And among people who have experienced a climate disaster and plan to move in the next 12 months, 20% are moving because they’re concerned about natural disasters, one of the most common reasons after “upgrade to a better home or neighborhood.”

A Look Back: America’s Flood-Prone Counties Have Gone From Attracting Residents to Making Them Think Twice

Looking back, America’s flood-prone counties gained residents from 2011, as far back as Redfin’s records go, to 2016.

The trend reversed the next year, when flood-prone places started losing residents, partly because 2017 and 2018 were two of the most destructive hurricane seasons in history. Hurricane Harvey in Texas and Hurricanes Irma and Michael in Florida both caused extensive flooding.

The next sea change happened in 2020, when the pandemic’s record-low mortgage rates and remote work culture motivated many Americans to move to the Sun Belt, especially Miami and other parts of coastal Florida. From 2020 to 2023, flood-prone areas gained residents.

Some Flood-Prone Areas Are Still Gaining More People Than They Are Losing

Among the 310 high-flood-risk counties Redfin analyzed, 128 saw more people move out than move in. The remaining 182 high-risk counties experienced net inflows. Many of the high-risk counties that saw net inflows are in Texas or Florida.

In St. Johns County, FL (just south of Jacksonville), 12,549 more people moved inthan out in 2025—the biggest net inflow of all the high-risk counties in the analysis.

Next comes Fort Bend County, TX (just outside of Houston), with a net inflow of 10,406, followed by Lee County, FL (Fort Myers, Cape Coral), with a net inflow of 8,603.

Note that the high-risk counties that gained residents experienced much smaller inflows than the outflows seen by the counties that lost residents. The county with the most outflow, Miami-Dade, lost more 70,000 residents last year, while the county with the biggest inflow, St. Johns, gained 13,000.

The flood-prone places that gained residents are also generally more affordable than the places that lost them, and that affordability can outweigh climate risks for residents and people looking to move in. For instance, in three of the counties that lost the most residents—Kings County, NY (Brooklyn), Marin County, CA, and Monroe County, FL (Key West)—the median list price for a home is about $1 million or more. All 10 counties that gained the most residents have median list prices under $500,000.

To view the full report, including charts, additional metro-level data and a methodology, please visit: redfin.com/news/climate-migration-real-estate-2026

About Redfin

Redfin is a technology-driven real estate company with the country's most-visited real estate brokerage website. As part of Rocket Companies (NYSE: RKT), Redfin is creating an integrated homeownership platform from search to close to make the dream of homeownership more affordable and accessible for everyone. Redfin’s clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and save thousands in fees while working with a top local agent.

You can find more information about Redfin and get the latest housing market data and research at https://www.redfin.com/news. For more information about Rocket Companies, visit https://www.rocketcompanies.com.

NEW YORK, June 24, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Zillow Group, Inc. (NASDAQ: Z) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Zillow securities between February 11, 2025 and May 7, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/Z.

Zillow Case Details

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

(1) Zillow's agreement with Redfin Corporation was not a "partnership," but rather an acquisition of Redfin's business; 
(2) as a result of the Redfin Agreement, Zillow faced a materially heightened risk of regulatory scrutiny and liability under federal antitrust laws; 
(3) upon the filing of an antitrust lawsuit, Zillow continued to downplay its legal exposure; and 
(4) as a result, defendants' statements about Zillow's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

What's Next for Zillow Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/Z or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Zillow you have until August 10, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Zillow Investors

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

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

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

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

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

Contact Info

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

Attorney advertising.
Prior results do not guarantee similar outcomes.

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Taiwan Semiconductor Manufacturing (NYSE:TSM | TSM Price Prediction) just put the rest of the chip sector on notice. Monthly revenue for May 2026 hit NT$416.98 billion, up 30.1% year over year, and CEO C.C. Wei is telling investors the company will “grow by above 30% in U.S. dollar terms” for full-year 2026.

Shares are already up 44.32% year to date, closing at $436.39 after a 6.69% single-day pullback. Can TSM print $500 before 2026 is over?

What’s Holding TSMC Back Right Now TSM is up 109.73% over the past year and trades just 1% from its 52-week high of $476.31. The 8.12% one-month gain ran headfirst into valuation fatigue, and the most recent session lopped off 6.69% in a single day.

Wei flagged caution on the call, citing “the impact of rising component prices” and Middle East macro risks. With a beta of 1.25, this stock amplifies tech-sector wobbles. Add a patent infringement complaint at the U.S. ITC and persistent NT-dollar FX pressure, and traders have hit pause near $440.

Wall Street Sees 8.5% Upside. Our Model Says More Sell-side analysts carry an average target of $473.40, backed by 5 Strong Buys, 12 Buys, 2 Holds, and zero sell ratings. Our internal model anchors on a base case of $512.37 with a bull case of $534.19 and a bear case of $417.73. Confidence is rated at 90%.

With 89% of the bullish/bearish coverage tilted bullish and quarterly earnings growth running at 58.4% year over year, the Street is anchoring to old EPS assumptions. $500 sits between consensus and our base case, the most reachable round number on the board. BofA raised the firm’s price target on TSMC to $590 from $490 and keeps a Buy rating on the shares.

The Path to $500 Per Share Reaching $500 from today’s price of $436.39 requires a gain of 14.6%. With forward EPS of $14.50, a price of $500 implies a forward P/E of 35x. Our base case of $512.37 already implies 36x, so $500 actually demands slightly less multiple expansion than where our model already sits.

Earnings do the heavy lifting. Q1 2026 net income jumped 43.82% YoY, and Q2 guidance implies USD $39.0 billion to $40.2 billion in revenue, a 32% YoY increase at the midpoint. Wei said “AI-related demand continues to be extremely robust” and that the shift to agentic AI is driving “higher 50s of CAGR” in AI accelerator demand.

Add the 35% Arizona investment tax credit effective January 1, 2026 and a $52-56 billion CapEx envelope, and the forward multiple compresses naturally as EPS catches up. The primary risk is a Taiwan geopolitical shock that re-rates the entire foundry complex lower.

Where TSMC Trades Today vs Its Earnings Power At $436.39 against forward EPS of $14.50, TSM trades at a forward P/E of roughly 30x. That is reasonable for a business compounding earnings near 50%. Shares sit in the upper third of the 52-week range of $218.79 to $476.31, and the 10-year return is 2,086.07%. When a company owns the leading-edge node and prints 58% earnings growth, paying 30x forward is the bull case.

Is $500 Realistic? Reaching $500 requires a 14.6% gain from here. That is realistic before year-end 2026.

Three things need to go right: Q2 results hit the upper end of Wei’s $40.2 billion guide, gross margins land above 66%, and the AI accelerator order book stays at the higher 50s CAGR Wei flagged. What derails it is a Taiwan Strait headline or a meaningful customer capex pause. We’ve outlined the blueprint for how Taiwan Semiconductor Manufacturing could reach $500 in 2026.

A scientist looks at hypometabolic and hypoperfusion patterns at the single-subject level from a patient suffering from Alzheimer's disease at the Memory Centre at the Department of... Purchase Licensing Rights, opens new tab Read more

CompaniesJune 24 (Reuters) - ALZpath said on Wednesday it had signed a global licensing agreement with Abbott Laboratories (ABT.N), opens new tab to help advance blood-based ​testing for Alzheimer's disease, as companies race to offer ‌easier-to-use diagnostic options for the brain-wasting disease.

Here are some more details:

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Abbott will incorporate ALZpath's antibody into a test designed to run on its Alinity ​laboratory systems.

Blood tests offer an alternative to diagnosing Alzheimer's, ​which has been traditionally diagnosed through expensive and invasive ⁠PET imaging and cerebrospinal fluid analysis.

The California-based company has previously ​partnered with Roche, Beckman Coulter and Siemens Healthineers.

ALZpath CEO Mike Banville ​told Reuters exclusively that the company has opted to partner with firms through licensing agreements, as this approach enables it to reach patients more ​quickly with its blood-based test.

"With Abbott on board... we will ​now have 80% of the in-vitro diagnostic market, roughly, using the ALZpath antibody," ‌Banville ⁠added.

The test targets pTau217, a blood marker linked to changes seen in Alzheimer's disease.

ALZpath scientific adviser Henrik Zetterberg said that pTau217 is a "bit of a revolution in detecting Alzheimer's disease early." ​The marker can ​reveal changes years ⁠before dementia sets in, and help assess patients with memory symptoms.

Regulatory progress is expected in the ​coming months, with U.S. approvals for some partners ​anticipated ⁠in the back half of the year, Banville said.

Blood tests, including one developed by Japan-based Fujirebio, have already received U.S. regulatory clearance, opens new tab for ⁠Alzheimer's ​diagnosis.

ALZpath did not disclose the financial terms ​of the deal with Abbott, but Banville said the partnership follows a royalty-based ​licensing model.

Reporting by Sahil Pandey in Bengaluru; Editing by Shinjini Ganguli

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

, /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced the successful completion of its acquisition of Centessa Pharmaceuticals plc. Centessa is a clinical-stage company developing orexin receptor 2 agonists as a new class of medicines for the treatment of narcolepsy and potentially other sleep-wake disorders.

"The orexin system plays a fundamental role in human brain health, governing wakefulness, alertness, and the stability of sleep in ways that, when disrupted, can be profoundly disabling," said Carole Ho, Lilly executive vice president and president, Lilly Neuroscience. "For people living with narcolepsy, that disruption is severe and life-altering. Orexin's reach extends further to diseases impacted by disrupted sleep, and so does the unmet need. Centessa has built a clinical portfolio with the depth to explore both, and Lilly intends to pursue that potential with urgency."

About Lilly
Lilly is a medicine company turning science into healing to make life better for people around the world. We've been pioneering life-changing discoveries for 150 years, and today our medicines help tens of millions of people across the globe. Harnessing the power of biotechnology, chemistry and genetic medicine, our scientists are urgently advancing new discoveries to solve some of the world's most significant health challenges: redefining diabetes care; treating obesity and curtailing its most devastating long-term effects; advancing the fight against Alzheimer's disease; providing solutions to some of the most debilitating immune system disorders; and transforming the most difficult-to-treat cancers into manageable diseases. With each step toward a healthier world, we're motivated by one thing: making life better for millions more people. That includes delivering innovative clinical trials that reflect the diversity of our world and working to ensure our medicines are accessible and affordable. To learn more, visit Lilly.com and Lilly.com/news, or follow us on Facebook, Instagram, and LinkedIn. F-LLY

Trademarks and Trade Names 
All trademarks or trade names referred to in this press release are the property of Lilly, or, to the extent trademarks or trade names belonging to other companies are referenced in this press release, the property of their respective owners. Solely for convenience, the trademarks and trade names in this press release are referred to without the ® and ™ symbols, but such references should not be construed as any indicator that the company or, to the extent applicable, their respective owners will not assert, to the fullest extent under applicable law, the company's or their rights thereto. We do not intend the use or display of other companies' trademarks and trade names to imply a relationship with, or endorsement or sponsorship of us by, any other companies.

Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about the benefits of Lilly's acquisition of Centessa Pharmaceuticals, Lilly's neuroscience platform and development plans, Centessa's clinical-stage pipeline of programs targeting sleep disorders, including its lead program targeting orexin dysfunction, and reflects Lilly's current beliefs and expectations. However, as with any such undertaking, there are substantial risks and uncertainties in implementing the acquisition and in the process of drug research, development, and commercialization. Among other things, there can be no guarantee that Lilly will realize the expected benefits of the acquisition, that the acquisition will achieve the results discussed in this press release or that the acquisition will yield commercially successful products. For further discussion of these and other risks and uncertainties that could cause actual results to differ from Lilly's expectations, see Lilly's Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this press release.

SOURCE Eli Lilly and Company

Honeywell analysis and MIT Center for Sustainability Science and Strategy modeling project annual savings of up to $225 billion in production costs for oil-based fuels, $80 billion in LNG alone, by 2050, using AI-enabled technologies

, /PRNewswire/ -- Honeywell (NASDAQ: HON), in collaboration with the MIT Center for Sustainability Science and Strategy, today released new research titled Accelerating Energy Expansion, which shows that digital and AI-enabled technologies can significantly reduce the cost of fuel production annually, citing applications across traditional oil-based fuels and LNG.

Honeywell and the MIT Center for Sustainability Science and Strategy released research showing AI-enabled technologies could reduce global production costs for traditional oil-based fuels by up to $55 billion annually within five years of application and $225 billion by 2050. For LNG, AI-based technologies could cut annual costs by $15 billion within five years and up to $80 billion by 2050. The report addresses three focus areas and the supporting policies needed to help achieve energy security and affordability: increasing energy supply, efficiently managing demand, and diversifying energy resources and feedstocks.

"Meeting the world's growing energy needs will require both investment in new technologies to broaden feedstock options and more efficient use of today's energy infrastructure," said Ken West, President and CEO of Honeywell Process Technology. "Honeywell is helping customers apply AI, automation, digital and connected solutions to help get more out of their existing assets while also increasing reliability and throughput. The MIT analysis highlights the significant cost-reduction opportunities AI-enabled technologies can unlock in fuel production, which is top of mind for consumers and policymakers alike as we navigate increasingly complex geopolitical dynamics."

"Energy demand is rising quickly, and many organizations are looking for practical ways to add power without waiting years for new generation to come online," said Jim Masso, President and CEO of Honeywell Process Automation. "On-site power generation and energy storage can help operators add capacity where it's needed most, helping to support the growing demands of AI infrastructure and reduce reliance on already stretched grids. As a result, this enables them to scale more quickly and efficiently."

Based on Honeywell analysis and modeling by the MIT Center for Sustainability Science and Strategy, key themes and findings revealed through the research include:

Digital Technologies, Including AI, Help Increase Energy Supply and Reduce Production Costs

Energy producers are increasingly using physical AI to improve efficiency, reliability and performance across existing infrastructure.
  When applied to traditional oil-based fuels, AI-enabled technologies can reduce global annual production costs by up to $55 billion within five years of application, and up to $225 billion by 2050. For LNG, global production costs could be reduced by $15 billion annually after applying AI-based technologies for five years, and up to $80 billion by 2050. If applied in the U.S. alone, for example, this could help reduce LNG prices by 1.1% by 2050; and, if applied globally, long-term LNG prices could be reduced by 4.5%. Scaling Power for a New Era of Energy Demand Begins with Improving Existing Infrastructure

With rising electricity demand creating new challenges for energy infrastructure, improving the efficiency and performance of existing infrastructure may be one of the fastest ways to add available energy supply while enabling improved affordability and energy security as longer-term fuel generation projects are developed.  On-site energy production can help heavy energy users increase supply by adding power faster, improving reliability and supporting AI infrastructure growth. Conventional gas-turbine solutions for this purpose currently face permitting and equipment delays, making emerging technologies like fuel-cell-based systems more attractive, as they can be deployed quickly and with lower carbon emissions. Intelligent energy storage technology can also help address energy demand and resilience through improving grid flexibility and reliability by managing periods of peak demand. By shifting energy to align with periods of high demand, battery energy storage can reduce the need for costly incremental grid and additional fuel generation investments while helping operators manage growing electricity loads more effectively. Achieving Regional Energy Security by Diversifying Energy Resources with Alternative Fuels

Meeting rising energy demand and addressing energy security will require adding new sources, such as sustainable aviation fuel, to the energy mix at a faster rate.
  Technology will play a central role in advancing regional energy security. By creating fuels from a broad range of local feedstocks, regions can make good use of abundantly available biomass, waste oils and non-edible crops for scalable fuel solutions. Developing resilient regional energy infrastructure helps countries reduce reliance on imports and protects against geopolitical volatility. The Accelerating Energy Expansion report was released at Honeywell's 2026 Future of Energy Summit, an annual event that brings together industry leaders, policymakers and technology experts to discuss strategies for strengthening energy security, affordability and competitiveness while meeting growing global energy demand.

About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Media Contact:
Melissa Volin
1-980-502-9330
[email protected]

SOURCE Honeywell

You've probably never ordered a Skol at your local bar. But it's basically the Bud Light of the Southern Hemisphere. Skol is ubiquitous, affordable, and ice-cold at every Brazilian beach kiosk from Belém to São Paulo.

Skol's parent company is Ambev (ABEV 0.11%), Latin America's dominant brewer and a subsidiary of Anheuser-Busch InBev (BUD +2.02%). Besides local winners like Skol, Ambev bottles and distributes global brands like Budweiser, Stella Artois, and Corona.

As of June 23, the stock trades around $3.10, which might trigger penny-stock alarm bells.

Don't let it.

Ambev is no lightweight, sporting a market cap near $50 billion. Seven hundred and seventy shares cost about $2,387 and should generate roughly $100 in dividends per year based on recent payouts.

Today's Change

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One important quirk Operating under Brazilian regulations and business traditions, Ambev doesn't follow the predictable quarterly schedule most U.S. investors expect.

Brazilian corporate law requires a minimum payout of 40% of adjusted net income, but companies can distribute profits as either dividends or "interest on shareholders' equity," each taxed differently. As a result, payouts arrive in lumps throughout the year rather than neat quarterly installments. Most years, it's just one large payout in December.

The consistency shows up in the totals. Per-share payouts have averaged around 0.70 Brazilian reals annually over the past three years. That's roughly $0.13 in U.S. dollars, which works out to a 4.2% annual yield.

Why this dividend has legs Ambev isn't coasting on cheap lager and household-name brands. The company is moving upmarket in a hurry.

Premium and super-premium brands grew volumes at a high-teens rate last year, while nonalcoholic drinks surged 30%. Fancier beer means tastier margins, generating more cash for dividends.

Management also built a digital distribution edge in recent years. Zé Delivery handled 67 million orders in 2025. The BEES platform connects over a million small retailers directly to Ambev's supply chain, helping management optimize pricing and squeeze more profit from every bottle.

Image source: Getty Images.

Ambev's cash engine is still humming Ambev has a fortress balance sheet, an effective premiumization strategy, and distribution tech that competitors can't easily copy. And I didn't even mention the stellar brand portfolio yet. For investors comfortable with emerging-market volatility and an unpredictable payout schedule, this brewer offers solid income potential.

Holding fewer than 800 Ambev shares is a safe way to collect about $100 in dividend income each year.

Morgan Stanley Bank, N.A1., a national bank subsidiary of Morgan Stanley (NYSE: MS), has been recognized with the highest rating from the Office of the Comptroller of the Currency (OCC) for its work meeting the credit needs of the communities it serves. The Firm received its tenth consecutive “Outstanding” rating for its combined community reinvestment activities across both of its banks.

The publicly available evaluation report from the OCC notes the excellent level of community development activity that contributed to the “Outstanding” rating, including a total of $5.5 billion in community development loans and investments that supported affordable housing, community services and small businesses.

“We are proud to receive an 'Outstanding' rating from the OCC for the tenth consecutive time across both banks, reflecting our continued commitment to community reinvestment,” said John Ryan, Head of U.S. Banks, Morgan Stanley. "Our efforts remain focused on affordable housing, economic development and community services, which are critical priorities in the communities we serve.”

The OCC report highlights several initiatives including loans and investments that support construction and rehabilitation of affordable housing. These include a $57 million loan for the construction of a 576-unit affordable housing project and a $24.4 million investment to rehabilitate a 118-unit low-income apartment complex. The complex also offers services to its residents, including computer skill programs, job search assistance, career planning and community activities.

“I commend Morgan Stanley for achieving its tenth consecutive 'Outstanding' rating, a remarkable reflection of its sustained commitment to community investment, small business growth and equitable access to capital,” said Sarah Brundage, President and CEO, National Association of Affordable Housing Lenders (NAAHL). “The firm has consistently demonstrated meaningful leadership and partnership in advancing economic opportunity and neighborhood revitalization through the communities it serves.”

The report also highlighted the Bank’s support for community services and economic development. This includes an $8.6 million investment for the development of a new specialty healthcare center primarily serving low- and moderate-income tribal members and the rehabilitation of an existing tribal building.

Another noted initiative is a $24 million revolving line of credit to an organization that offers capital to entrepreneurs. The organization provides strategic financing for those who cannot access capital through traditional means, assists with capacity building and offers social innovation programs.

“We thank our Community Development Advisory Board members and other partners for their collaboration as we work together to understand and meet community needs. Designing and executing on innovative ideas ensures we are adding value and delivering solutions where they are most needed,” said Joy Hoffmann, Managing Director, Morgan Stanley Community Development Finance.

About Morgan Stanley

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

1 Morgan Stanley Bank, N.A. is one of two national bank subsidiaries of Morgan Stanley, alongside Morgan Stanley Private Bank, National Association.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260624859879/en/