In May, Micron Technology (MU 1.02%) became the 12th U.S. company to achieve a $1 trillion market value, and the memory-chip maker reached the milestone in record time. After hitting $500 billion earlier this year, Micron soared to $1 trillion in just 48 days.
Before this year, Tesla held the record at 230 days. And it took Nvidia nearly 500 days. But an unprecedented memory chip supply shortage pushed Micron over the line rapidly this year, alongside two other chipmakers: Samsung and SK Hynix doubled from $500 billion to $1 trillion in 82 days and 61 days, respectively.
However, most Wall Street analysts think Micron is headed lower. The median target price of $840 per share implies 15% downside from the current share price of $990. But investors shouldn't necessarily count that against the stock. Micron beat Wall Street's earnings forecasts in the past six quarters, meaning analysts tend to underestimate the company.
Here are the important details.
Image source: Getty Images.
How Micron's memory chips fit into the AI revolution Most investors have heard of central processing units (CPUs) and graphics processing units (GPUs). CPUs are the brains that actually run applications and operating systems, while GPUs are the muscle that accelerate demanding workloads like artificial intelligence. But I suspect fewer investors know how memory chips fit into the equation.
CPUs and GPUs require memory. "CPUs store information in NAND, or long-term memory, and use DRAM, or working memory, to perform tasks," according to Meera Pandit, strategist at J.P. Morgan. Meanwhile, high-bandwidth memory (HBM) is a special type of DRAM that's essential to AI because it feeds data to GPUs at very high speeds.
Micron develops and manufacturers memory and storage solutions based on NAND flash and DRAM chips. In terms of market share, the company is tied with Sandisk for fourth place in NAND, it ranks third in DRAM, and it's tied with SK Hynix for second place in HBM, according to Counterpoint Research.
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The driving force behind Micron's success is a supply shortage Micron crushed Wall Street's estimates in the second quarter of fiscal 2026, which ended in February. Revenue rose 196% to $23.8 billion and non-GAAP net income increased 682% to $12.20 per diluted share. However, the driving force behind those numbers was price increases (not a durable competitive moat) driven by a severe supply shortage.
In the past year, NAND prices have tripled and DRAM prices have quadrupled, but the good times will not last forever. Major memory chip manufacturers, including market leaders Samsung and SK Hynix, are building new fabrication plants to boost production capacity. Those facilities could move the supply needle as early as next year.
In the meantime, demand for AI infrastructure should keep memory prices elevated, which should translate into strong financial results from Micron for at least another year or two. But supply will almost certainly overtake demand within three years, at which point prices could crater. Memory chips have historically been the most cyclical of the semiconductor markets.
Micron stock looks expensive at its current valuation Wall Street expects the current memory chip cycle to peak in 2028. Micron's adjusted earnings are projected to increase at 92% annually during that period. But analysts expect the company's adjusted earnings to drop 70% in 2029 as excess memory chip supply saps its pricing power.
Putting those projections together, we find that Micron's adjusted earnings are forecast to grow at 13% annually through 2029. That makes the current valuation of 45 times earnings look rather expensive. I think investors can own a small position in Micron stock today, so long as they understand earnings could drop sharply after the memory chip cycle peaks.
As successful as Micron (NASDAQ: MU) has been in the 2026 stock market, the equity’s year-to-date (YTD) 211.21% rally from $315.42 to $981.61 has rendered MU exceedingly overbought and put it at risk of a severe sell-off.
Micron stock price YTD chart. Source: Google Specifically, at the most recent – Friday, June 12 close – the memory giant’s shares hit a relative strength index (RSI) of 90 – a 30-year high.
Notably, the RSI moves on a scale between 0 and 100, with values below 30 indicating a stock is ‘oversold’ – hinting at a buying opportunity – and a reading higher than 70 positions it as ‘overbought’ – indicating a strong selling opportunity.
Micron stock RSI all-time chart. Source: Barchart Examining Micron shares’ historical values, the highs recorded on Friday evening strongly hint that a substantial correction is on the way within the upcoming 12 months, and Micron stock has become a ‘sell.’
Here’s when the massive Micron stock price correction could start For example, MU RSI entered overbought territory in June 2024, leading the equity to suffer an overall 50% decline by early April 2025.
Similarly, the metric hit a high close to 80 in early 2021 and, after briefly climbing above $90, retraced some 40% and toward $50 by 2023.
Notably, Micron stock did not correct immediately after its RSI soared five years ago and even recorded a secondary high in 2022 before selling started in earnest one year later.
The phenomenon of MU shares achieving a secondary high after technical analysis (TA) strongly indicated it was time to sell can also be observed during the 2018 rally, while the correction lagged behind the ‘overbought’ reading in 2014, 2000, and 1995 – the year in which the RSI record was recorded.
Given the historical trajectory, it appears highly likely that Micron stock can enjoy an additional leg up through the summer of 2026 – especially with the most recent tailwinds enabling the stock to soar above $1,000 in the Monday, June 15 pre-market – before entering a downturn later in the year.
Micron stock price all-time chart. Source: Google Additionally, there is a possibility of the memory equity recording new highs in the first half of 2027 before beginning a protracted decline that could take it as low as $500 – for a 49% drop from the latest close and a 53% crash relative to the press-time price of $1,056.47 – sometime in 2028.
Why Micron stock price could soar higher despite elevated RSI Elsewhere, it is plausible that Micron stock will prove resilient to the technical sell signals through the rest of the 2020s.
Indeed, recent Wall Street analyst notes have, almost universally, highlighted that pricing in the memory stock will remain elevated through 2027 and likely 2028 as artificial intelligence (AI) companies continue driving demand.
Under the circumstances, Micron’s business has the potential to continue expanding in the same fashion it has within the last six months, helping the equity weather the period of elevated RSI.
Still, the recent debate over the costs of AI and the reports that even the biggest names in the technology sector are looking to reduce usage could damage the narrative through the remainder of 2026.
If the more bearish trends are confirmed, MU stock might be especially vulnerable given how overbought it has become.
Panthalassa began testing Ocean-2, a prototype data center node off the coast of Washington state, in 2025.
Panthalassa
Among big future businesses Elon Musk is selling investors in newly public SpaceX is his plan to put data centers in space: solar-powered satellites, spread across a vast network, processing information in space and beaming it back to Earth. As pitches go, it has the clean geometry of a Musk bull case. It’s the kind of “I want to die on Mars, just not on impact” sci-fi idea the newly minted trillionaire is famous for. And it’s particularly well timed: the AI feeding frenzy is in overdrive, but the terrestrial data centers they require are becoming an unwanted menace in many communities, raising utility rates, creating noise and pollution, and generating few local economic benefits.
SpaceX hopes to begin launching orbital data centers in 2028, though its IPO filing gives no cost estimates for such a system. It does, however, include the kind of caveat that sits in a securities filing like a flare on the runway: The plan involves “significant technical complexity, unproven technologies, or technologies that do not exist or may require significant advancement, and such initiatives may not achieve commercial viability.”
SpaceX lawyers meant it as a warning. Musk could probably plaster it on the lobby wall.
But if the goal is simply to move data centers off land and run them at lower cost, there’s a far better option: the ocean. It’s far away from taxpayers, zoning fights and the sudden arrival of hyperscale neighbors. And it may be a climate-friendly source of power and a cheap way to cool massive data centers.
“What we’re doing is totally crazy”
This is where Panthalassa wants to go. The Portland, Oregon startup, backed by Peter Thiel and a raft of Silicon Valley venture firms, has spent the past decade developing floating data centers that generate their own electricity from open-ocean waves and cool themselves with cold seawater. It expects commercial units to be operational in 2027, a year before SpaceX says it may begin putting compute satellites in orbit, with all those securities filing caveats.
“What we’re doing is totally crazy,” CEO and cofounder Garth Sheldon-Coulson told Forbes. “We're the first company that’s going to the middle of the ocean to do this.”
The Ocean-2 prototype node that Panthalassa (Greek for “all sea”) has been testing off the coast of Washington state since last year looks less like a data center than a marine-industrial lollipop: a 70-meter steel tower submerged below the surface, with a bulbous head floating above the waterline. As it bobs up and down in the waves, water pumps up through the neck and into the spherical reservoir at the top, then flows through a turbine that can generate up to a megawatt of continuous electricity. The unit Panthalassa plans to deploy next year will be loaded with chips and computing hardware to run AI learning operations on board, beaming out data via satellite, just like Musk’s SpaceX concept.
“This will be the lowest cost way to do large segments of AI computing, inference reinforcement learning, without any emissions at all,” Sheldon-Coulson told Forbes.
Tapping the ocean for energy has intrigued scientists for over a century. It has also humbled them. No large-scale systems or techniques have yet proven commercially viable. The interest persists because it's a massive resource. One assessment from the International Energy Agency estimated wave power could produce thousands of terawatt-hours of electricity annually. Even capturing a fraction of that on a consistent basis would be a game-changer. The ocean, inconveniently, has had a vote in every prior business plan.
Panthalassa cofounders Brian Moffat, left, and Garth Sheldon-Coulson, center, with Chief Engineer Daniel Place.
Panthalassa
Panthalassa isn’t the first company to see the ocean as a data-center workaround. Microsoft spent years testing undersea units connected to onshore power off the coast of Scotland, before ending the research in 2024. China is also experimenting with undersea data centers powered by wind turbines. Those projects use the ocean mainly as a cooling system. Panthalassa wants it to be a power plant as well.
“We operate in the deep ocean where the wave energy is most abundant, as opposed to shallow coastal waters,” Sheldon-Coulson said. “Our nodes are self-propelled and can reposition themselves autonomously. There is no connection to the seafloor.”
He cofounded Panthalassa in 2016, after earning a master's at MIT and a Harvard law degree, with engineer Brian Moffatt, who was also researching wave energy. Chief engineer Daniel Place came from SpaceX, while other engineering staff came from tech and aerospace giants, including Google, Blue Origin, Apple, Boeing, Amazon and Tesla. In May, Panthalassa raised $140 million in a Series B round for its first commercial deployment, backed by Thiel, John Doerr, Marc Benioff’s TIME Ventures, Max Levchin’s SciFi Ventures, and tech funds including Gigascale Capital, created by Mike Shroepfer, who oversaw construction of data centers for Meta when he was its CTO.
Shroepfer sees the concept of floating data center buoys as audacious. He also thinks it is a possible answer to anti-data-center backlash and the brutal economics of trying to feed AI’s appetite for power and cooling.
“We're going to use literally 10 terawatts of untapped wave power in a part of the ocean that no shipping is in. There's nothing there,” he said.
The Ocean-2 unit being towed to sea.
Panthalassa
Both space-based and sea-based data centers are attempts to claim free energy: sunlight in orbit, waves in the Southern Ocean. Schroepfer’s argument for the ocean version begins with logistics. Putting hardware at sea is hard. Putting hardware in orbit is the same problem with a massive rocket bill attached: SpaceX charges up to $90 million per launch.
“If you compare how much it costs to launch a ton into the ocean versus a ton into space, the answer is it’s a hundred times more expensive to launch it into space,” Shroepfer said. “So we've got a 100X cost advantage. … Let's say we're off by a factor of 1. We've still got a factor of 10X better in terms of cost.”
Panthalassa wants to deploy hundreds – eventually thousands – of free-floating data center buoys in the seas between the South Pole, South America and Africa, because it has the steadiest, most powerful waves and is far from shipping lanes. The energy they generate would be used on site, as transmitting electricity back to shore would be far too costly. If its data center plans work, Panthalassa’s next goal, starting in the early 2030s, is to also use its floating electricity nodes to generate fuels like carbon-free hydrogen or ammonia, using desalinated seawater and electrolyzers to split the H2O.
“We get that onto ships, and we bring it to land where it’s needed,” Sheldon-Coulson said. Making green hydrogen in this way, with no carbon emissions, would cost a fraction as much as doing so with solar energy, he said.
His case rests on the price and consistency of the power. “We have an enormously low cost of energy. Our cost of electrons is down around 2 cents per kilowatt hour, and we also have a very high capacity factor, which means we are on almost all the time, with over 90% capacity factor,” he said. “You can envision that what we're trying to build is this whole new energy ecosystem out there using super-abundant energy in the middle of the ocean, far from land, far from conflicting uses, to supply these two goods that humans really need: lots of computing and clean fuel.”
First, the machines have to survive the place they are meant to exploit. The Southern Ocean is particularly rough, owing to the absence of large land masses, allowing unimpeded buildup of the planet's most powerful wave system.
To help ensure that, Panthalassa’s nodes have relatively few moving parts to make energy and are built with the types of sturdy industrial materials heavy ships use: thick steel with coatings of zinc or aluminum. They should last at least 15 years, according to Sheldon-Coulson. “We plan to swap out the compute payload about every five years.”
The cooling story is simpler than the power story. And it is particularly compelling at the moment because data centers are turning cooling into a water, power, permitting and irate citizen problem on land. The average temperature in regions where Panthalassa plans to deploy its nodes is just 10 Celsius (50 Fahrenheit). At that temperature, you don’t need data center-specific chillers, cooling towers or fresh water.
“It's a big bet, but it would be a place to put a lot of compute that no one would ever have to worry about.”
“It’s much more efficient, much lower cost, much lower resource consumption and it provides a much better environment for the chips, which causes them to last longer as well,” Sheldon-Coulson said.
Cooling may prove to be the biggest challenge for Musk’s space-based data center concept, since satellites orbiting the earth operate in an environment in which temperatures fluctuate from as cold as -170 to 120 Celsius. And because they’re also in a vacuum, which prevents heat from being expelled through air cooling, they need sophisticated thermal systems to prevent damage to sensitive computing systems.
Launching the Ocean-2 floating data center prototype.
Panthalassa
Panthalassa’s CEO declined to make a direct cost comparison with Musk’s orbital concept for obvious reasons, but it’s easy to extrapolate from his remarks. “We will be significantly lower cost than data centers on land. And I think that means we will also be quite a bit better than orbital concepts, at least for the foreseeable future,” he said.
There’s still a real chance Panthalassa’s plan fails. Wave energy has a long history of eating elegant machines, and the Southern Ocean can be an unfriendly, downright malicious laboratory. But the upside potential is huge.
That’s what compelled Shroepfer to invest. “It's a big bet, but it would be a place to put a lot of compute that no one would ever have to worry about.”
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NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Intuit Inc. (NASDAQ:INTU) for potential securities fraud after its significant stock drop.
If you invested in Intuit, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/intuit-class-action-lawsuit.
Key Details of the Intuit ($INTU) Class Action Investigation:
Investigation Overview: Securities fraud regarding the company’s price positioning among DIY tax filers ahead of and during the 2026 tax seasonStock Decline: May 20, 2026 – 20% Stock DropAction: Contact BFA Law to discuss your rights
Why is Intuit Being Investigated for Securities Fraud?
Intuit is a financial technology platform that serves consumers, small and mid-market businesses, and accountants through its offerings, which include TurboTax, Credit Karma, and QuickBooks.
During the relevant period, Intuit told investors that it had been preparing for the 2026 tax season “a couple of years ago” and that the company understood what worked in 2025, which was “being at the lowest price compared to alternatives.” Intuit also stated that the 2026 tax season was “off to a strong start” as the company was poised to deliver the “best price for our customers.”
In truth, it appears that the company was facing pressure among the most price-sensitive DIY tax filers and was not competitive on price in this segment.
Why did Intuit’s Stock Drop?
On May 20, 2026, Intuit released its fiscal Q3 2026 financial results, which included its 2026 tax season revenue. Intuit stated that it “did not have the overall tax season we expected” and that it “faced pressure among the most price-sensitive DIY filers.” Intuit stated that “[w]e [lost] on price,” and revealed that the company needed to evolve its business model by delivering the right lineup and price points to meet simple filers’ needs at the low end. Intuit also announced that TurboTax online paying units were expected to grow by only 2% as total IRS filers were expected to decline by approximately 30 basis points, representing the “most significant industry-wide contraction since the post-COVID tax season.”
This news caused the price of Intuit stock to decline $76.86 per share, or 20%, from a closing price of $383.93 per share on May 20, 2026, to $307.07 per share on May 21, 2026.
Click here for more information: https://www.bfalaw.com/cases/intuit-class-action-lawsuit.
What Can You Do?
If you invested in Intuit, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
RBLX Investors Have Opportunity to Lead Roblox Corporation Securities Fraud Lawsuit with the Schall Law Firm PR Newswire
LOS ANGELES, June 15, 2026
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Roblox Corporation ("Roblox" or "the Company") (NYSE: RBLX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between October 30, 2025 and April 30, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before August 7, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Roblox assured investors that it could minimize risks associated with age verification and accurately forecast its business performance. The Company claimed to be "enormously bullish" and able to rely on "tremendous organic growth." The Company relied on viral events to supply growth while misleading shareholders about how age verification would impact platform engagement and the public's view of its products. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Roblox, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335 [email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/rblx-investors-have-opportunity-to-lead-roblox-corporation-securities-fraud-lawsuit-with-the-schall-law-firm-302799904.html
NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Roblox Corporation (NYSE:RBLX) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in Roblox, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/roblox-class-action-lawsuit.
Key Details of the Roblox ($RBLX) Class Action:
Lead Plaintiff Deadline: August 7, 2026Alleged Misconduct: Securities fraud alleging that Roblox misled investors regarding the impact of age verification features on Roblox’s business and growth potentialStock Drop: May 1, 2026 – 18.33% Stock DropCourt: U.S. District Court for the Northern District of CaliforniaAction: Contact BFA Law to discuss your rights
Investors have until August 7, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Roblox common stock. The class action is pending in the U.S. District Court for the Northern District of California. It is captioned Mukherjee v. Roblox Corporation, et al., No. 26-cv-5489.
Why is Roblox Being Sued for Securities Fraud?
Roblox is a gaming and creation platform. In late-2025, Roblox introduced age verification systems to its platform. By January 2026, age verification systems were mandatory in all chat enabled regions.
During the relevant period, Roblox stated that 2026 bookings would grow by 22% to 26%, which reflected Roblox’s “confidence in the adoption of our age-checking technology.” Roblox also stated that its age verification features provided “a bigger growth opportunity in the 18-plus demographic than previously assumed” and stated that its “18 and over cohort is growing at over 50%[.]”
In truth, as alleged, Roblox’s age verification rollout was causing a slowdown in on-platform communication, app store rating reductions, and a considerable reduction in organic growth.
Why did Roblox’s Stock Drop?
On April 30, 2026, Roblox announced its Q1 2026 results and slashed bookings growth guidance from 22%-26% to 8%-12%. Roblox revealed that its age verification features reduced communication on the platform, caused a reduction in app store ratings, and were “contributing to a reduction in organic sign-ups[.]”
This news caused the price of Roblox stock to decline $10.13 per share, or 18.33%, from a closing price of $55.26 per share on April 30, 2026, to $45.13 per share on May 1, 2026.
Click here for more information: https://www.bfalaw.com/cases/roblox-class-action-lawsuit.
What Can You Do?
If you invested in Roblox, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
LCID Investors Have Opportunity to Lead Lucid Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm PR Newswire
LOS ANGELES, June 15, 2026
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lucid Group, Inc. ("Lucid" or "the Company") (NASDAQ: LCID) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between February 25, 2026 and April 13, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before July 28, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Lucid's deliveries were disrupted by a supplier quality issue. The Company suffered a material impact on its business results due to this quality issue. The Company overstated the strength of manufacturing capabilities. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Lucid, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335 [email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/lcid-investors-have-opportunity-to-lead-lucid-group-inc-securities-fraud-lawsuit-with-the-schall-law-firm-302799928.html
NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Wix.com Ltd. (NASDAQ:WIX) for potential securities fraud after its significant stock drop.
If you invested in Wix, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/wix-class-action-lawsuit.
Key Details of the Wix ($WIX) Class Action Investigation:
Investigation Overview: Securities fraud regarding Wix’s misrepresentations to investors regarding demand, AI competition, and its ability to deliver new products and innovation to sustain growth.Stock Decline: May 13, 2026 – 27% Stock DropAction: Contact BFA Law to discuss your rights Why is Wix Being Investigated for Securities Fraud?
Wix provides a platform for creating and managing websites without coding. The company has recently increased focus on artificial intelligence tools, including its AI-powered website builder, Wix Harmony, and its acquisition of the AI application platform Base44.
BFA is investigating whether Wix made false and misleading statements to investors regarding demand from professional designers, AI competition, and its ability to deliver new products and innovation to sustain growth.
Why did Wix’s Stock Drop?
On May 13, 2026, Wix released its 1Q 2026 financial results. The company reported earnings and revenue below consensus expectations, and a sharp decline in operating margins which it largely attributed to softness in its professional developer business. Specifically, Wix acknowledged that its professional developer customers were using competing AI tools, its new Wix Harmony platform had “holes” and “missing capabilities,” there had been delays in delivering product updates and innovation to professional developer customers, and as a result the company had fallen behind “the workflow and the needs of” professional developers.
This news caused the price of Wix stock to decline $20.56 per share, or 27%, from a closing price of $75.88 per share on May 12, 2026, to $55.32 per share on May 13, 2026.
Click here for more information: https://www.bfalaw.com/cases/wix-class-action-lawsuit.
What Can You Do?
If you invested in Wix, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
ZTS Investors Have Opportunity to Lead Zoetis Inc. Securities Fraud Lawsuit with the Schall Law Firm PR Newswire
LOS ANGELES, June 15, 2026
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Zoetis Inc. ("Zoetis" or "the Company") (NYSE: ZTS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between January 14, 2025 and May 6, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before July 27, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Zoetis suffered from weakening veterinarian prescription growth for its Librela medication after the FDA issued safety warnings about neurological complications in dogs. The Company's Trio product lost market share to competitors. The Company's Apoquel and Cytopoint dermatology products lost market share to newly launched competing treatments for dogs. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Zoetis, investors suffered damages.
Join the case to recover your losses
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This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335 [email protected]
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This year marks a new era for the trillion-dollar company that billionaire Warren Buffett built. The Oracle of Omaha retired as Berkshire Hathaway's (BRKA +0.76%)(BRKB +0.71%) CEO on Dec. 31, officially passing the torch to his protégé, Greg Abel.
Abel has wasted little time making his presence known. According to Berkshire's first-quarter Form 13F, he completely exited 16 positions and put tech stocks back on the menu, as evidenced by his sizable investment in Google parent Alphabet (GOOGL +0.53%)(GOOG +0.45%).
It took just one quarter for Abel to make clear that this isn't your grandparents' Berkshire Hathaway anymore -- and he's not done transforming Berkshire's $325 billion investment portfolio just yet.
Warren Buffett retired as Berkshire's CEO on Dec. 31, 2025. Image source: The Motley Fool.
Abel continues to pile into one of Wall Street's leading virtual monopolies During the first quarter, Abel more than tripled Berkshire's stake in Alphabet's Class A shares (GOOGL) with a 36,403,656-share purchase, and opened a brand-new position in the Class C shares (GOOGL) with a 3,585,215-share purchase.
On June 1, Alphabet announced plans to sell $80 billion in stock to fund the expansion of its artificial intelligence (AI) infrastructure. Days later, it upsized its stock offering to a staggering $84.75 billion. Abel's Berkshire committed to buying $10 billion of this offering in a private placement ($5 billion Class A and $5 billion Class C). This additional investment will make Alphabet a top-four holding, with the market value of this position exceeding $30 billion.
Alphabet is dropping $80bn in equity to fund mass CapEx for AI compute dominance: $30bn public, $40bn ATM, and $10bn in a private placement with Berkshire.
Greg Abel isn't waiting. Buffett never embraced big tech, Abel is betting on it. pic.twitter.com/AU9lLxR3Bs
-- JUNK BOND ANALYST (@junkbondanalyst) June 1, 2026 Most investors are familiar with Alphabet's virtual monopoly status in internet search. Google has accounted for between 89% and 93% of global internet search traffic over the trailing decade, per GlobalStats. When coupled with Alphabet's ownership of YouTube, the second-most-visited social site on the planet behind Google, it's easy to see why it possesses truly exceptional ad-pricing power.
But there's much more to Berkshire's new No. 4 holding than just premium ad pricing power and strong cyclical ties. It's risen through the ranks to become a leading AI stock.
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While Nvidia has established itself as the hardware kingpin of the AI revolution, Alphabet is making a strong case to be the premier deployer of AI applications. Since integrating generative AI solutions and large language model capabilities into Google Cloud, sales for Alphabet's cloud infrastructure services platform have soared. Revenue for the world's No. 3 cloud infrastructure services platform jumped 63% in the March-ended quarter compared with the previous year.
Although cutting-edge technology and large-scale tech companies were typically outside the scope of Warren Buffett's knowledge, this isn't the case with Berkshire's new boss. Abel recognizes Alphabet's sustainable moat in advertising, its key position in AI applications, and has likely been attracted by a valuation that, until recently, had been consistently cheaper on a forward-earnings basis than the benchmark S&P 500.
We may be witnessing the birth of a new multidecade/core holding for Abel and Berkshire Hathaway.
Sean Williams has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet, Berkshire Hathaway, and Nvidia. The Motley Fool has a disclosure policy.
Tap Global Group PLC (LSE:TAP) shares rose 20% to 1.5p on Monday after the AIM-listed digital finance company reported that assets under management in its Tap Earn yield product had grown 43% to more than $5 million despite a sharp fall in cryptocurrency prices over the past month.
The company said the growth was driven by net customer deposits rather than price appreciation, with Bitcoin and Ethereum both falling materially since Tap Earn's AUM was last reported at $3.5 million on 18 May.
Tap Global said the performance demonstrated the counter-cyclical characteristics the product was designed to deliver, with yield-based revenue continuing to accrue as deposits grew during a period when trading volumes across the crypto sector typically contract.
Tap Earn works by generating revenue from the spread between the gross yield the group earns through its treasury management programme and the variable rate paid out to customers, meaning income accrues on balances held rather than transactions completed.
The company also announced it had raised the customer-facing yield on supported stablecoins, digital assets pegged to fiat currencies, from up to 7.0% at launch to up to 8.0%, which it said positioned Tap Earn among the highest published rates in the retail crypto yield market.
Chief executive Arsen Torosian said every dollar of AUM added recurring yield revenue that did not depend on trading volumes, describing the past four weeks as evidence of the strategy working as intended.
The update marks the second AUM disclosure since Tap Earn launched, with the board having set out in May its intention to build a revenue base that functions across all phases of the market cycle, reducing the group's historical dependence on transactional income tied to crypto price activity.
Key Takeaways Lennar lowered full-year delivery guidance as mortgage rates and macro uncertainty weigh on buyers.LEN said incentives eased for the first real time after three years of steady increases.Lennar cited lower costs, faster cycle times and tighter inventory as drivers of margin repair. Lennar Corporation (LEN - Free Report) used its second-quarter 2026 earnings call to argue that its operating model is starting to show through a difficult housing backdrop. Management pointed to lower incentives, faster cycle times and tighter inventory as early evidence that margins can recover even with affordability still under pressure.
The company paired that message with a more guarded volume outlook, lowering full-year delivery guidance as mortgage rates and macro uncertainty continue to weigh on buyer urgency.
LEN Sees Incentives Finally Start to EaseExecutive chairman, CEO and president Stuart Miller said the clearest change in the quarter was the sales incentive rate on deliveries, which fell to 12.9% from 14.1% in the prior quarter and 14.5% in the fourth quarter of 2025.
He said that marked the first real decline in incentives after three years of steady increases. Miller framed that shift as a potential early sign of margin recovery, even though he stressed that affordability remains strained and the market is still uneven.
That backdrop shaped the quarter’s mixed headline results. Adjusted earnings per share of $1.31 beat the Zacks Consensus Estimate of $1.23, delivering a surprise of 6.5%. However, revenues of $7.94 billion missed the Zacks Consensus Estimate of $8.07 billion by 1.6%.
Lennar Balances Demand With a More Careful PaceMiller said mortgage rates stayed in the mid- to upper-6% range during the quarter, keeping monthly payments elevated for buyers. He also described traffic as inconsistent, with interest still present but decisions taking longer.
That caution showed up in guidance. CFO Diane Bessette projected third-quarter deliveries of 20,500 to 21,500 homes and new orders of 21,000 to 22,000 homes, while full-year delivery guidance was reduced to 82,000-83,000 homes.
In the analyst Q&A, a JPMorgan analyst pressed management on why Lennar lowered closing expectations instead of sacrificing more price or margin to preserve prior volume goals. Miller said the company chose prudence, arguing that inventory discipline and start pace mattered more than pushing aggressively into a market he called erratic.
LEN Leans Harder Into Its Asset-Light ModelManagement spent much of the call reinforcing Lennar’s land-light transformation. Miller said less than 5% of land is now on the balance sheet, while Bessette said the company owns 2% of homesites and controls 98% through third parties.
Bessette said that structure lowers balance sheet risk and supports a more capital-efficient growth model. The company ended the quarter with 11,000 owned homesites, 484,000 controlled homesites, $1.8 billion in cash and total liquidity of $4.9 billion.
Analysts focused heavily on ACORE and land banking costs. Management said the build-in capitalized option maintenance fees reflect the transition to a broader multiyear off-balance-sheet land platform, not an overstatement of earnings, while also acknowledging that most land bank structures still require current pay.
Lennar Touts Cost Gains and Core ProductChief operating officer Jim Parker and executive vice president of Homebuilding David Grove said Lennar is pushing more standardized core products across divisions. They described smaller, easier-to-build homes as a key lever for better returns, faster turns and lower costs.
The operating metrics supported that argument. Construction cost per square foot fell to $81, down 7% from a year earlier, while cycle time improved to a record 121 days from 132 days a year ago. Inventory also fell to just above two homes per community from three in the first quarter.
Management tied those gains directly to cash generation. Miller said lower cycle times and lower cost per square foot should continue to lift inventory turns, which improved to 2.5x from 1.8x a year ago.
LEN Says Technology Work Should Lower OverheadTechnology was another central theme. Miller said Lennar’s foundational systems have required heavy updating and included some missteps, but he argued that the work is setting up future reductions in SG&A and corporate overhead.
Grove said the technology effort is also intended to improve the customer experience. He linked the company’s digital funnel, faster engagement and stronger conversion to a broader effort to make Lennar’s buying process more efficient and more attractive to payment-sensitive buyers.
That efficiency case also shaped margin guidance. Bessette said third-quarter gross margin should be about 16%, with SG&A at 8.8% to 9.0%, while Miller told analysts the expected improvement is driven more by core product and operating execution than by a sharp assumed drop in incentives.
Lennar Keeps a Measured but Constructive ToneThe call’s closing tone was controlled rather than celebratory. Miller argued that housing demand remains real, supply remains structurally short, and government attention to affordability has intensified, even as near-term macro pressures remain unresolved.
He repeatedly returned to consistency as the company’s edge. Across prepared remarks and Q&A, management emphasized even-flow production, disciplined inventory, lower land intensity and gradual margin repair instead of betting on a quick rebound in housing conditions.
Zacks Signals Still Point to CautionLEN carries a Zacks Rank #4 (Sell), along with a Value Score of C, Growth Score of F, Momentum Score of B and VGM Score of D. Under the Zacks framework, Style Scores are meant to complement the Zacks Rank, not override it.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
That matters here because a weaker Zacks Rank tempers the usefulness of any stronger individual style reading. The current Momentum Score stands out, but the overall setup remains cautious, and the Zacks Rank can still change as earnings estimate revisions move after the quarter.
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WILMINGTON, Del., June 15, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video, and AI technology research and development company, will participate in the 13th FOKUS Media Web Symposium to demonstrate expertise and the latest innovations enabling interactive AR experiences and energy-efficient video streaming.
The FOKUS Media Web Symposium brings together global media technology experts to explore advancements in web-based media delivery, with this year’s program spotlighting AI-driven creativity, immersive experiences, and sustainable practices across the media value chain. InterDigital is a silver sponsor of the event, and will demonstrate innovation empowering more interactive, interoperable, and sustainable ways to deliver and consume media.
“Next-generation media experiences will be defined by two equally important requirements: greater immersion and greater efficiency,” said Rajesh Pankaj, Chief Technology Officer at InterDigital. “At FOKUS, InterDigital will demonstrate how our research expertise and contributions to global standards are helping make interactive AR experiences feel seamless and also enabling video streaming that reduces energy use without sacrificing quality.”
During the symposium, InterDigital will showcase expertise through demonstrations and workshop presentations.
Energy-Efficient Video Streaming: This demo showcases how InterDigital’s AI-enabled Pixel Value Reduction (PVR) technology enables energy-efficient adaptive video streaming and can boost energy efficiency in video services without compromising perceived visual quality or user experience. AI-enabled PVR has extended video watch time on smartphones by up to 22% in controlled testing, and this demo highlights how PVR-supported adaptive streaming can enable devices to dynamically optimize between energy efficiency and quality of experience.As part of the Green Streaming workshop on June 16 at 16:30 CET, InterDigital’s Principal Engineer Franck Aumont will deliver a presentation on “Enabling Energy-Efficient Luminance-Adaptive Video Streaming.” Franck will outline how InterDigital’s approach to luminance-aware adaptive bitrate streaming can adapt different quality, luminance, and device energy metrics to balance quality of experience and energy objectives. This approach uses InterDigital’s AI-enabled PVR as a content pre-processing technique alongside the MPEG Energy-Efficient Media Consumption standard for novel luminance-aware adaptive bitrate algorithms on the end device.
Interactive AR Experiences: This augmented reality-enhanced interactive world enabled by InterDigital’s contributions to 3GPP and MPEG Scene Description, Avatar, and Haptic standards blends physical and virtual environments in real time. The demo allows virtual objects to remain anchored in a physical environment while responding naturally to user actions and integrating multiple media inputs, like video, spatial audio, avatars, and haptic feedback. InterDigital’s standards contributions support interoperability and scalable deployment across devices and networks, enabling content and service providers to “design once and play everywhere.”As part of the Provenance in Digital & Virtual Worlds workshop on June 16 at 15:00 CET, InterDigital’s Senior Scientist Patrice Hirtzlin will deliver a presentation on “MPEG-I Scene Description,” and its role as a standard enabling interactive and immersive media experiences. Patrice will explain the architecture, procedures, and standards efforts that are shaping new levels of interactivity and engagement in immersive and augmented reality communication.
The 13th FOKUS Media Web Symposium will take place in Berlin, Germany from June 16 - 17, 2026. To register, please visit: https://mws.fraunhofer.de/mws26/registrationmws26/
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital® is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
One of Friday's biggest winners was Roku (ROKU +20.52%), even if that title warrants an asterisk. The company behind the country's most popular TV streaming operating system jumped 20% after sources told Bloomberg Roku was in talks with at least one media company for a potential sale.
Roku doesn't need to be bailed out. It's growing faster than it has in several years. It's been consistently profitable over the past year, and its balance sheet is flush with more than $2 billion in cash and no long-term debt. It shouldn't be desperate, giving it more leverage than a typical company that is reportedly open to a buyout.
Image source: Getty Images.
There are plenty of potential suitors, if the account is accurate. Let's look at five possible buyers that just make sense to have Roku on their side.
I think Comcast (CMCSA +2.21%), Microsoft (MSFT +0.11%), Netflix (NFLX 1.20%), The Trade Desk (TTD +2.06%), and Disney (DIS 0.43%) are five names to watch, in that order. Let's take a closer look at the five potential suitors for Roku.
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1. Comcast A company that relies on cable TV and broadband internet for more than half of its revenue -- and the lion's share of profitability -- may seem an odd choice at the top of this list, but follow the money. Folks are cutting the cord that's tethering them to cable TV. They're flocking to Roku and other streaming platforms.
Buying Comcast transforms the sleepy media stock from having its largest business as a disruption risk to owning the leading disruptor. Roku does that immediately. It will take time for operating profit to offset the loss of Comcast's cash cow, but it's a strong pivot.
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Comcast needs a spark. Comcast stock has lost more than a quarter of its value over the past year. In fairness, though, all five of these stocks have fallen between 16% and 73% over the past year. They all need a spark.
However, Comcast has missed out on back-to-back summers of smaller rivals being acquired, fortifying a competitor. A spinoff and a juicy 5.4% dividend yield haven't attracted investors. It's time for a more aggressive move.
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2. Microsoft I'm not seeing Microsoft on the list of analysts and buyout watchers handicapping this particular race, but it does make sense for Microsoft to make a move. Microsoft's Xbox has gone from a leading platform for digital streaming -- being the first console to pair up with Netflix in its TV streaming efforts -- to an afterthought. Sure, Xbox owners can still access all of the popular apps, but that leaves its audience of viewers to die-hard gamers.
Microsoft saw rival consumer tech behemoths roll out Fire, Chromecast, and Apple TV to go mainstream. Buying Roku would make it the top dog in both dongles and factory-installed TV operating systems. Unlike its three rivals already entrenched in this niche, Microsoft has an easier path to regulatory approval in this particular market. Microsoft is also the wealthiest company on this list. Its market cap of $2.9 trillion and a cash balance four times Roku's enterprise value make it an easy lift.
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3. Netflix If Netflix were smart, it wouldn't be in this situation. The company had Roku founder CEO Anthony Wood in the building, working on what would've been its first streaming device. Netflix decided against going that route, and Roku took things from there.
Netflix saw what happened to its stock after it made a play for Warner Bros. Discovery (WBD +0.45%) late last year. The stock only started to recover after Netflix lost out, collecting a hefty termination fee in the process.
Netflix doesn't need to own the leading app ecosystem. It might also have a harder time getting antitrust regulators to sign off. However, if there's a juicy prize out there, it's fair to say that Netflix is on the short list of contenders after falling short on Warner Bros. Discovery.
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4. The Trade Desk Roku and The Trade Desk are passing ships. Roku stock has soared 87% over the past year. The Trade Desk has plummeted 73%, far worse than the double-digit declines for other names on this suitor list. There's been a total reversal of fortune.
A year ago, bears were concerned that The Trade Desk would eat into Roku's market. Instead, Roku wound up being the more fortified player by striking a well-received partnership with The Trade Desk's largest adtech rival in connected TV. Revenue has decelerated for four consecutive quarters, from 25% in the first quarter of last year to a 12% increase in its latest report. Roku's revenue growth has accelerated to 22% in the first three months of this year, its strongest showing in four years.
A big challenge for The Trade Desk in pulling this off is how the two have truly changed paces. The Trade Desk's enterprise value of $8 billion is less than half of Roku's $19 billion. This feels like something more out of the Ryan Cohen playbook. A deal can be done, and The Trade Desk CEO Jeff Green needs a transformative deal like this to cool his hot seat. However, in this scenario, don't be surprised if a deal for The Trade Desk to acquire Roku winds up going the other way around.
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5. Disney There is less of an incentive for Disney to make a play for Roku than for the other players, but read the room. Disney has a great content catalog and a streaming business that has been profitable for two years. However, new CEO Josh D'Amaro came over after heading up the theme park business at the House of Mouse.
In two months, at its D23 fan conference, D'Amaro will discuss many of the new experiences coming to Disney's global theme parks. Disney will also talk about new studio content. He may want to consider a signature move to prove how important streaming is to the overall business, such as a potential purchase of Roku. This is the least likely of the five scenarios to happen, but it wouldn't be a shock if the company behind some of the most popular streaming apps -- Disney+, Hulu, and ESPN -- decides to be the forever home of the lucrative Roku ecosystem.
Rate cuts appear to be off the table for now due to surging inflation and a relatively strong jobs market. The current dynamics could drive increased market volatility, but they could also make dependable income more appealing to investors.
The good news is that there are plenty of stocks that offer attractive dividends and are good picks. Here are three high-yield dividend stocks to buy hand over fist in June.
1. AbbVie AbbVie (ABBV +1.32%) markets 12 blockbuster drugs. Seven of them generate annual sales of over $2 billion, with autoimmune disease therapies Skyrizi and Rinvoq at the top of the list.
The pharma stock is a member of the Dividend Kings, a group limited only to stocks with at least 50 consecutive dividend increases. AbbVie's streak of dividend hikes now stands at 54 years, including the time it was part of Abbott Labs (ABT 1.64%). Its dividend yield tops 3%.
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Aside from its strong dividend, what makes AbbVie a great pick to buy in June? For one thing, the company is poised to deliver solid growth. AbbVie's product lineup includes at least a dozen drugs whose sales increased by double digits year over year in the latest quarter. The big drugmaker's pipeline also includes around 60 programs in mid- or late-stage clinical studies that could fuel additional growth in the coming years.
Another big plus for AbbVie is that its stock remains attractively valued despite delivering solid returns over the last 12 months. Shares trade at roughly 15.8 times forward earnings, well below the S&P 500 (^GSPC +0.50%) healthcare sector average of 17.2.
2. Chevron Few companies are better positioned to benefit from the high energy prices driving inflation to soar than Chevron (CVX +0.75%). It's the world's third-largest energy company by market cap -- and the second-largest based in the U.S.
Image source: Getty Images.
Chevron isn't a member of the Dividend Kings yet. However, the company has increased its dividend for an impressive 39 consecutive years. Its dividend growth has handily outpaced top rivals ExxonMobil (XOM +0.28%), Shell (SHEL 0.22%), BP (BP +0.23%), and Total Energies (TTE +0.34%) over the last two decades. Chevron's dividend yield of 3.8% is also one of the juiciest among major oil companies.
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The energy giant consistently rewards shareholders with what some call "invisible" dividends, too -- stock buybacks. Chevron has repurchased shares in 18 of the last 22 years. Management targets buybacks of between 3% and 6% of outstanding shares per year going forward.
Chevron expects to deliver average annual earnings-per-share growth of over 10%. Even if oil prices fall below $50 per barrel, Chevron will be able to fund the dividend and planned capital expenditures.
3. Enterprise Products Partners Enterprise Products Partners (EPD 0.08%) isn't as well-known as Chevron, but I think it's one of the best energy stocks for income investors to buy this month. The limited partnership (LP) is a leader in the U.S. midstream energy industry, operating over 50,000 miles of pipeline.
If you're looking for an especially high yield, Enterprise could be just the ticket. Its distribution yield currently stands at 5.8%. Even better, the company has increased its distribution for 27 consecutive years.
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Enterprise Products Partners shouldn't have any problems extending that streak. Its strong balance sheet has earned the company the highest credit rating in the midstream energy industry. Enterprise's leverage ratio is a respectable 3.2x. Around 90% of its long-term contracts are insulated from inflation through escalation provisions.
The pipeline stock could deliver solid growth, too. The Iran war has driven higher demand for U.S.-produced natural gas liquids (NGLs). Data centers hosting artificial intelligence (AI) applications require massive amounts of power, with natural gas providing an ideal fuel source. Enterprise's energy infrastructure assets position the company well to benefit from these trends.
Keith Speights has positions in AbbVie, Chevron, Enterprise Products Partners, and ExxonMobil. The Motley Fool has positions in and recommends AbbVie, Abbott Laboratories, and Chevron. The Motley Fool recommends BP and Enterprise Products Partners. The Motley Fool has a disclosure policy.
Valmont (VMI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Verra Mobility Corporation ("Verra" or "the Company") (NASDAQ: VRRM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between February 24, 2026, and May 26, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before August 4, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Verra misled investors about its growth prospects. The Company downplayed the risk of major customers in the rental car industry replacing its services with in-house solutions. The Company concealed the fact that its relationship with Avis Budget Group, which represented 10% of its revenue, was at significant risk of falling apart. The Company finally revealed that Avis Budget Group terminated its relationship on May 26, 2026. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Verra, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
VRRM Investors Have Opportunity to Lead Verra Mobility Corporation Securities Fraud Lawsuit with the Schall Law Firm PR Newswire
LOS ANGELES, June 15, 2026
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Verra Mobility Corporation ("Verra" or "the Company") (NASDAQ: VRRM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between February 24, 2026, and May 26, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before August 4, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Verra misled investors about its growth prospects. The Company downplayed the risk of major customers in the rental car industry replacing its services with in-house solutions. The Company concealed the fact that its relationship with Avis Budget Group, which represented 10% of its revenue, was at significant risk of falling apart. The Company finally revealed that Avis Budget Group terminated its relationship on May 26, 2026. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Verra, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
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Office: 310-301-3335 [email protected]
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Calix, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - CALX PR Newswire
LOS ANGELES, June 15, 2026
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Calix, Inc. ("Calix" or "the Company") (NYSE: CALX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of CALX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: January 28, 2026 to April 21, 2026
DEADLINE: July 27, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Calix's Q1 performance was improved by the advanced purchase of memory modules. As the Company's supply of memory fell, it suffered from significant margin pressure due to increasing memory prices on the open market. Based on these facts, Calix's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
View original content:https://www.prnewswire.com/news-releases/calix-inc-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--calx-302799915.html
FS KKR Capital Corp. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - FSK PR Newswire
LOS ANGELES, June 15, 2026
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against FS KKR Capital Corp. ("FSK" or "the Company") (NYSE: FSK) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of FSK during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: May 8, 2024 to February 25, 2026
DEADLINE: July 3, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. FSK overvalued its portfolio and misled the market about its portfolio valuation process. The Company downplayed weakness in its quarterly dividend program. Based on these facts, FSK's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
View original content:https://www.prnewswire.com/news-releases/fs-kkr-capital-corp-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--fsk-302799914.html
Casey's General Stores delivered strong Q4 2026 results, with broad-based inside-store growth and notable margin expansion. CASY's inside-store performance improved structurally, with margin gains driven by better cost management and a favorable sales mix. Fuel margins surged, but I view the Q4 levels as unsustainable and would not capitalize them as a new baseline.
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Badger Meter, Inc. ("Badger" or "the Company") (NYSE: BMI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between April 18, 2024 and April 16, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before August 3, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Badger Meter claimed its financial performance was based on "secular growth drivers," and "solid operating execution." The Company touted "strong" demand and a "long runway" for growth. In truth, the Company's performance was partially based on pulling forward customer orders to recognize revenue early. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Badger Meter, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
Blue Owl Capital is rated Buy, trading at a steep discount despite robust growth in fee-related earnings and AUM. OWL's recurring management fees, primarily from permanent capital, drive predictable earnings and support a well-covered dividend. Real assets, especially data center buildouts with partners like Meta, are a key growth engine, offsetting concerns in the Credit Platform.
Global cybersecurity company expands investment in India to strengthen business resilience, support compliance readiness, and deepen access to local talent
BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE: NABL), a global cybersecurity company delivering business resilience, today announced the opening of its new Global Capability Centre (GCC) in Bengaluru, marking a strategic investment in India as the company expands its global security footprint in one of the world’s fastest-growing cybersecurity markets.
Reuters recently reported that India’s GCC workforce is expected to reach 2.36 million employees by the end of 2026, with cybersecurity and AI among the most in-demand skills. As cyberthreats evolve and AI reshapes the technology landscape, this investment in Bengaluru reflects N-able’s commitment to helping businesses minimize risk, respond effectively, and maintain continuity. In India, where organisations are navigating rising cyber risk alongside data protection requirements, the expansion also supports stronger compliance readiness and cyber resilience for small and medium-sized businesses (SMBs).
By expanding global innovation and advancing AI-driven capabilities, N-able continues to help IT providers strengthen business resilience across the full threat lifecycle – before, during, and after an attack.
“Opening our Bengaluru office is an important step in how we scale true business resilience by investing in a market with deep technical talent,” said John Pagliuca, CEO N-able. “India plays a critical role in helping businesses address cyber risk, compliance demands, and operational complexity, not only locally, but for global organisations looking to build resilience at scale.”
“With deep expertise under one roof in Bengaluru, we’re fast-tracking the next generation of capabilities from AI-powered innovation to modernized security operations,” said Mike Adler, Chief Technology and Product Officer at N-able. “We’re enabling the IT professionals and security experts to work smarter, respond faster, and confidently stay ahead of the rapidly evolving threat landscape.”
The Bengaluru centre will support a range of core functions, including engineering, product management, user experience, and security operations. The centre currently employs over 100, with plans to scale by 50% or more by the end of 2026, reinforcing its long-term investment in India as a strategic innovation focus, supporting local job creation, and strengthening Bengaluru’s role as a cyber talent centre and growth engine in one of the country’s leading technology markets.
To explore career opportunities and learn more about the people-first culture at N-able, visit the N-able Careers page.
About N-able
N-able protects businesses from evolving cyberthreats. Our AI powered cybersecurity platform delivers business resilience to more than 500,000 organizations worldwide, leveraging advanced end-to-end capabilities, simplified workflows, market leading integrations, and flexible deployment options to improve efficiency and drive critical security outcomes. Our partner first approach pairs our technology with experts, training, and peer-led events that empower customers to be secure, resilient, and successful. n-able.com
The N-able trademarks, service marks, and logos are the exclusive property of N-able Solutions ULC and N-able Technologies Ltd. All other trademarks are the property of their respective owners.
June 15 (Reuters) - U.S.-based cybersecurity firm N-able Inc (NABL.N), opens new tab plans to expand its India workforce by at least 50% by the end of 2026, targeting the country's deep pool of AI and cybersecurity talent, CEO John Pagliuca said.
N-able, which provides IT management, cybersecurity, and data protection software to more than 500,000 organizations globally, opened a Global Capability Center (GCC) in Bengaluru on Monday. The center currently employs more than 100 people.
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The expansion comes amid a broader boom in India's GCC ecosystem. The country's GCC workforce is projected to reach 2.36 million employees by the end of 2026, with AI and cybersecurity driving much of the demand, according to a report by industry body Nasscom and consultancy Zinnov.
"The reason we're in Bengaluru is capability," Pagliuca told Reuters in an interview. "Our priority is to build for the long term, with the right people and a strong foundation, not to pursue a short-term headcount play."
Pagliuca said N-able's move was driven primarily by access to talent rather than cost reduction.
While Bengaluru is India's premier technology hub, the market for AI and cybersecurity professionals is highly contested, with multinational companies and local technology firms competing for the same talent.
Pagliuca said skills in AI engineering, applied machine learning, cloud security, and threat research are among the hardest to source. To attract high-caliber talent, N-able is relying on competitive packages and the opportunity to drive global innovation while building strong local career paths, he said.
The launch comes as cybercriminals increasingly use generative AI to carry out sophisticated, automated attacks, with Pagliuca adding that the Bengaluru team will play a key role in developing defensive AI capabilities, including automated threat detection, monitoring and faster response times.
However, N-able did not disclose its current market penetration among Indian small and medium-sized businesses or specific revenue targets for the country.
Reporting by Chandini Monnappa in Bengaluru; Editing by Rashmi Aich
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Chandini Monnappa leads a team of reporters at Reuters overseeing coverage of European companies. She has helped run various breaking news teams over the last seven years, covering corporate news across the UK, South Africa, Australia, and Asia. She has previously reported on automaker and consumer retail firms in India and frequently contributes to the coverage of Indian general and political news.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of APO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Helen of Troy Limited ("Helen of Troy" or "the Company") (NASDAQ: HELE) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between April 24, 2024 and October 8, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before August 3, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Helen of Troy misled investors about the success of its Project Pegasus restructuring program. The Company touted the "fuel" produced by Project Pegasus, despite what it called "implementation hiccups." The Company continued to tout its restructuring effort, telling shareholders, "despite the delayed savings related to our Tennessee distribution center, Project Pegasus continues to move forward. We have made good progress on the cost of goods sold work streams, implementing multiple projects that reduce costs and simplify our supplier base." Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Helen of Troy, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Here are three stocks with buy rank and strong value characteristics for investors to consider today, June 15:
Pebblebrook Hotel Trust (PEB - Free Report) : This publicly traded real estate investment trust carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 5% over the last 60 days.
Pebblebrook Hotel Trust has a price-to-earnings ratio (P/E) of 10.84 compared with 13.70 for the industry. The company possesses a Value Scoreof A.
GDS Holdings Limited (GDS - Free Report) : This data center company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 222.8% over the last 60 days.
GDS Holdings Limited has a price-to-earnings ratio (P/E) of 5.76 compared with 9.80 for the industry. The company possesses a Value Score of A.
Alto Ingredients, Inc. (ALTO - Free Report) : This specialty chemicals company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 184.21% over the last 60 days.
Alto Ingredients has a price-to-earnings ratio (P/E) of 10.56 compared with 12.20 for the industry. The company possesses a Value Score of A.
See the full list of top ranked stocks here.
Learn more about the Value score and how it is calculated here.
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against POET Technologies Inc. ("POET" or "the Company") (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between April 1, 2026, and April 27, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before June 29, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. POET misrepresented its tax status due to the likelihood it would be deemed a passive foreign investment company ("PFIC"), which would have negative tax implications for individual investors. The Company's business prospects were endangered by CFO Thomas Mika violating a business agreement in a public interview. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about POET, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against POET Technologies Inc. ("POET" or "the Company") (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of POET during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: April 1, 2026 to April 27, 2026
DEADLINE: June 29, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. The likelihood of POET being declared a passive foreign investment company ("PFIC") led it to misrepresenting its tax status. Based on these facts, POET's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Modern warfare has shifted forever, and Ondas is right at the epicenter. Q1 revenue skyrocketed 11x. Partnering with AI giant Palantir, ONDS has unlocked a revolutionary kinetic drone-intercept technology, securing a massive $457M backlog. But are you ready for the shocking catch? To fund this explosive growth, the company diluted its shares by a staggering 324% in just one year.
Ladder Capital stands out as the top commercial mREIT pick, offering a compelling blend of yield, growth, and conservative management. LADR's diversified model, investment-grade ratings, and founder-led management drive resilience, with a covered 9.1% yield and consensus 20% growth for 2027. Starwood Property Trust is positioned as a stable, high-yield income vehicle, maintaining an 11.3% yield and conservative leverage but limited dividend growth.
Hancock Prospecting Executive Chairman Gina Rinehart reacts during the Lest We Forget sunset tribute on the eve of ANZAC Day at Sydney Opera House in Sydney, Australia, April 24, 2025.... Purchase Licensing Rights, opens new tab Read more
MELBOURNE, June 15 (Reuters) - Australia's wealthiest person, mining baron Gina Rinehart, has taken a stake of more than $1 billion in the record-setting $75 billion SpaceX (SPCX.O), opens new tab IPO, the Wall Street Journal reported on Monday, citing a person familiar with the matter.
Rinehart's company Hancock Prospecting did not confirm the size of its stake in Elon Musk's SpaceX. However, she said in a statement: "This is a significant investment for Hancock, and we are pleased to have received an allocation in what has been an extremely popular and oversubscribed IPO."
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She praised Musk for having built two of the world's top 10 largest companies.
“We see SpaceX as a rare business: led by a truly exceptional person, technically exceptional and operating in sectors that are crucial, and with long-term potential," said Rinehart, whose wealth was built on iron ore mined by her company, Hancock Prospecting.
Hancock, which is a significant investor in critical minerals projects, aims to work with SpaceX on supplying its mineral needs.
“In the future, we also see the possibility of mutually beneficial arrangements between SpaceX and Hancock Prospecting’s significant critical minerals investments, as demand grows for the materials and infrastructure needed to support advanced technology," Hancock CEO Garry Korte said in the statement.
Hancock is a significant investor in a swathe of rare earths companies including U.S.-based MP Materials, and Rare Earths Americas (REA.A), opens new tab, and Australia's Lynas Rare Earths (LYC.AX), opens new tab, as well as lithium producer Liontown Resources (LTR.AX), opens new tab among many others.
It bulked up its defence, gold and rare-earths holdings in its $3.3 billion U.S. portfolio this year, filings showed last month.
Rinehart's investment in SpaceX was an instant winner. The shares shot up 19% in their debut last Friday, sending the company's value past $2 trillion to make it the sixth-biggest U.S. company as investors jumped at the chance to get a piece of Musk's sprawling empire spanning rockets, satellites and AI.
While commending Musk's entrepreneurial prowess, Rinehart also called him a patriot for slashing U.S. federal jobs through President Donald Trump's Department of Government Efficiency (DOGE).
"SpaceX is yet another clear example of why the world needs more enterprise, more builders and much less bureaucracy," Rinehart said.
Rinehart, too, has become increasingly political, encouraging some of Australia's wealthiest voters to shift support from the country's opposition Liberal-National conservatives to populist, anti-migration party One Nation.
Reporting by Melanie Burton; Editing by Sonali Paul
Our Standards: The Thomson Reuters Trust Principles., opens new tab
SpaceX (SPCX +19.22%) advanced more than 19% on Friday, its first day of trading -- and reached a market value of $2.1 trillion. This immediately puts it in the league of the world's biggest tech companies, such as Apple and Microsoft, in the so-called "trillion-dollar" club. SpaceX set its IPO price at $135, the stock opened at $150, and it closed at more than $160. The IPO offers SpaceX a spot in the record books, as it raised $75 billion for the biggest IPO ever.
It isn't uncommon for a stock to soar on its IPO day, and we saw this recently with names such as Cerebras Systems surging 68% on its debut last month and biotech Parabilis Medicines advancing 58% during its first trading day last week. So now, the natural question is: How will SpaceX stock perform in the weeks and months to come? A look at history suggests where the stock price might be in three months...
Image source: Getty Images.
The SpaceX excitement First, let's talk a bit about SpaceX and why it's generated so much excitement. SpaceX is led by Elon Musk, who is also the chief of Tesla, and at both companies, Musk is known for his big ambitions and innovations -- for example, at SpaceX, he aims to put data centers in space. Though Musk's roadmap doesn't please everyone, certain major investors, such as Ark Invest and Baron Capital, are supporters and have backed SpaceX since its earlier days.
SpaceX focuses on three businesses: rocket launches, satellite-based connectivity, and artificial intelligence (AI). Today, Starlink, the connectivity service, is the growth engine, generating $4.4 billion in income from operations last year, for a 120% gain year over year. And what's particularly interesting is SpaceX's strengths in rocket launches can serve all of its businesses, as goals across each rely on delivering certain types of equipment to space -- the fact that SpaceX can do this on its own is a big plus, as it offers the company flexibility, control, and a better cost structure.
Musk said on a livestream before the IPO that the company is heading into "a significant growth phase," according to CNBC. One of the plans is to send 100,000 satellites into space for communications.
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Hefty investments required All of this is exciting, and if Musk reaches some of his goals, the company may be extremely successful. But it's important to note that these projects involve a good deal of risk, too. This is because they require hefty investment, and we can't be sure that certain goals, which depend on new or not yet fully developed technology, will be reached.
Last year, capital spending in the AI business was particularly high, reaching $12 billion, and overall, SpaceX delivered an annual loss of $4.9 billion. Considering Musk's growth ambitions, I would expect this heavy investment to continue. So, while SpaceX could offer enormous rewards down the road, risk remains high.
Now let's talk about stock performance and what may happen next. A look back in time at other big IPOs can offer us some clues. SpaceX's first-day gain is actually in line with the average first-day return of IPOs from 1990 through last year. An IPO report from the University of Florida's Jay Ritter shows the average gain at 21.6%.
10 big IPOs And a look at 10 of the biggest U.S. IPOs from 1999 through 2023 offers us a clear performance pattern. Eight out of the 10 delivered a decline in the three-month period following their market debuts. And the average drop was about 13%. For example, Meta Platforms slid 50% in its first three months of trading, while Uber Technologies lost 4%.
All of this suggests that, if SpaceX follows the pattern of other enormous IPOs, the stock price could fall over the coming three months. In fact, if it's in line with the average, it could drop to $139, a level that's only slightly above its IPO price.
Though it's impossible to predict near-term stock performance with 100% certainty, history suggests that SpaceX, like other enormous IPOs before it, may not result in immediate gains for investors. All of that means, if you're intrigued by SpaceX, you don't have to rush to get in on the stock -- it's likely there will be additional buying opportunities down the road.
Scottish Mortgage Trust share price jumped by over 1% on Friday, paring back some of the losses made earlier that week as investors cheered the SpaceX IPO, which marked a major milestone for the fund. It jumped to a high of 1,497p before paring back the gains to close at 1,450p. SMT stock now faces a major headwind, but the upcoming Anthropic IPO may offer a reprief.
The SMT stock has embarked on a strong rally earlier this year as investors cheered the growing valuation of SpaceX, its biggest investment. SpaceX launched its IPO on Friday, raising $75 billion and attaining a $2.1 trillion valuation.
This means that Scottish Mortgage has a substantial return as it invested in the company when it was valued at less than $100 billion. It invested 315 million pounds in the company in 2018, a figure that has now surged.
Still, the trust faces a major risk based on how companies behave when they go public. Data shows that over 90% of all companies that went public since January 2025 made a similar pattern. They surged initially amid the IPO hype and then retreated sharply after that.
There are several good examples of this, including Figma, Circle, and Medline. Figma stock price jumped from $33 to $142, before crashing to below $20 today. Circle jumped to $300 and then crashed to $49 a few months later. Medline rose to $50 and then tumbled to $36 today.
Therefore, there is a likelihood that the SPCX stock will retreat in the coming days as investors book profits and valuation concerns remain. If this happens, the value of Scottish Mortgage’s investment will drop substantially.
Some key companies in Scottish Mortgage’s portfolio have lost momentum this year. Meta Platforms has sunk by 30% from its highest point last year, while Amazon has dropped by 14% from the YTD high.
Still, on the positive side, the SMT share price will receive a reprieve because of its stake in Anthropic, the creator of Claude. Bailie Gifford, which runs SMT, made its first investment in Anthropic in 2021 and has steadily grown its position. Anthropic now accounts for about 2.7% of its holdings.
The fund’s return has been strong as Anthropic recently raised capital at a $900 billion valuation. This fundraising makes it the fastest-growing company to cross that valuation.
Anthropic recently filed its IPO papers, with traders anticipating that it will receive a $1.5 trillion valuation after going public later this year.
The company’s other potential catalysts are its investments in Stripe and Bytedance, the parent company of TikTok. Stripe has become a major player in the finance industry, where it is used by some of the biggest companies in the world like OpenAI, Amazon, Nvidia, Ford, Coinbase, and Google.
It processes transactions worth trillions of dollars a year, with its valuation soaring to over $150 billion. After remaining private for years, Stripe will likely go public in the near future.
ByteDance will also likely go public, a move that will see it attract hundreds of billions of dollars in value.
The daily chart shows that the Scottish Mortgage share price has slipped in the past few days. It retreated from a high of 1,565p earlier this month to a low of 1,395p. It then rebounded to the current 1,450p.
The stock has formed a doji candlestick pattern, pointing to a reversal as the SpaceX IPO hype starts to fade. If this happens, the stock will drop to about 1,300p before resuming the uptrend.
SpaceX shares jumped in premarket trading on Monday following its record-breaking debut last week on the Nasdaq, which marked the biggest initial public offering in history.
Shares of SpaceX were around 6% higher at the start of premarket trading, hovering around the $170 mark.
SpaceX jumped 19% on Friday with the stock closing at $161 after being priced at $135 per share. That put the company's market capitalization above $2 trillion.
Elon Musk's space company operates the Starlink satellite internet service and a fleet of reusable rockets. In February, Musk merged the company with his artificial intelligence startup xAI. SpaceX lost nearly $5 billion in 2025 and the blockbuster IPO has sparked debate over whether the company's huge valuation is justified.
Valuation a key concernCFRA on Friday initiated coverage of the stock with a "sell" rating and a 12-month price target of $115, which is a nearly 29% drop from Friday's closing price. CFRA said its view was "due to the company's extremely ambitious growth strategy, elevated valuation expectations, and significant capital intensity."
SpaceX's capital expenditures in the three months ended March totaled $10.1 billion versus $4.1 billion in the same period last year. The majority of that went toward artificial intelligence.
Morningstar analyst Nicolas Owens released a note on June 8, in which he said the firm values SpaceX at $63 per share, and described the stock as "overvalued."
However, other analysts are more bullish. New Street Research initiated coverage of SpaceX with a $165 price target.
Item 1 of 2 A Tesla robotaxi drives on the street along South Congress Avenue in Austin, Texas, U.S., June 22, 2025. REUTERS/Joel Angel Juarez/File Photo To Match Special Report TESLA-FSD/SAFETY
[1/2]A Tesla robotaxi drives on the street along South Congress Avenue in Austin, Texas, U.S., June 22, 2025. REUTERS/Joel Angel Juarez/File Photo To Match Special Report TESLA-FSD/SAFETY Purchase Licensing Rights, opens new tab
SummaryCompaniesTesla used dubious safety stats to make case for FSD approval in EuropeAutomaker's crash data has been called into question by researchersSweden says regulators 'look beyond headline figures' to assess safetyJune 15 (Reuters) - In its efforts to secure European approval of its “Full Self-Driving” (FSD) system, Tesla (TSLA.O), opens new tab has presented self-published safety statistics to regulators in Sweden and the Netherlands that independent traffic-safety researchers have said amount to misleading marketing.
A Reuters examinationpublished last month found that Tesla CEO Elon Musk and other leaders over the past year have increasingly cited statistics they say prove its FSD driver-assistance feature is up to 10 times safer than human drivers. But the news agency’s review found several invalid data comparisons underlying Tesla’s statistics, opens new tab that exaggerated its safety claims.
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Tesla has presented the inflated safety data to some European regulators, according to correspondence obtained by Reuters through public records requests, as the EV maker seeks wider approval of FSD in a region where it is trying to regain market share. Tesla approached RDW, the Dutch road regulator, in late 2024 to begin the FSD approval process.
In a November 2024 letter to RDW, Tesla provided a link to its safety report and claimed “increased usage” of FSD “leads to safer roads.” Tesla charges a monthly subscription for FSD, which can drive itself under certain circumstances but requires the human driver to pay attention.
After more than a year of testing and discussions with Tesla, RDW in April approved FSD for use in the Netherlands. The Dutch regulator is now seeking EU-wide approval on behalf of Tesla.
RDW declined to comment on the issues Reuters identified with Tesla's safety statistics, but the agency said in a statement that it "does not rely on marketing claims or external statistics" to make decisions and performs its own "tests, analyses and verifications" of the system on public roads and test tracks. The agency did not say whether it assessed Tesla's U.S. safety statistics.
RDW said Tesla “collected a lot of data” during testing and the agency “validated, tested and audited all of this data.” RDW did not say what kind of data Tesla collected or what it measured.
Tesla did not respond to requests for comment.
SAVING 32,000 LIVES?Soon after the Dutch announced the decision on April 10, a Tesla policy manager, Ivan Komusanac, wrote an email to Swedish regulators asking for similar FSD approval. He attached a slide presentation displaying the exaggerated claim that Teslas using FSD can travel more than seven times farther between crashes than the average U.S. human driver.
The presentation also claimed FSD could have potentially saved 32,000 lives and prevented 1.9 million injuries.
Researchers interviewed by Reuters said those figures are highly misleading because they are based on the unrealistic assumption that every U.S. vehicle, including freight trucks and crash-prone motorcycles, would be replaced by an FSD-enabled Tesla car – and that every Tesla car is, in fact, at least seven times safer than the one it replaces.
The Reuters examination also found Tesla exaggerates the technology’s safety by comparing a rate of crashes in FSD-piloted Teslas that triggered airbag deployments to a U.S. crash rate for all vehicles that includes far less-severe accidents. The company also compares its cars to the average U.S. vehicle – which is much older than the average Tesla. That distorts the results because automakers have gradually introduced new safety features that reduce crashes.
Anders Eriksson, an investigator at the Swedish Transport Agency, declined to comment on the data Tesla provided, but added that Swedish regulators “look beyond headline figures” and that any assessment of such a system would not be based “solely on aggregated safety claims, but on the overall evidence presented.”
The regulator did not answer Reuters’ questions about what other evidence Tesla provided.
Dudley Curtis, a spokesperson for the watchdog group European Transport Safety Council, said his organization is “certainly concerned” that Tesla presented “unreliable safety data” from the United States to regulators in Sweden, after Reuters told the group about the correspondence.
He added that if Tesla wants to make safety claims, they should “give the data to a university, have it independently verified by a qualified researcher, and then let’s talk.”
TESLA LOOKS TO FSD FOR EUROPEAN REBOUNDTesla has said FSD approval in Europe is key to vehicle sales growth in the region. The EV maker is still trying to regain market share after sales plummeted last year amid protests over Musk’s political activities, including his embrace of far-right European political parties.
Failing to secure approval could make it harder for Tesla to compete in a region where Chinese EV makers are steadily making inroads.
In the coming months, representatives of 55% of member states that make up 65% of the bloc's population must vote “yes” for FSD to become legal throughout the EU.
In the meantime, individual member states can approve the technology on their own. A regulator in Greece, which said last month the country aims to approve FSD, cited data “from the other side of the Atlantic” that showed “this system ultimately leads to a very significant drop in accidents.”
The Greek transport ministry declined to answer questions about whether the data it cited was from Tesla’s safety report.
Regulators in other European countries have been inundated by drivers citing Tesla’s safety statistics and urging swift approval of FSD, emails showed.
Several Tesla drivers wrote to Norwegian road regulators citing Tesla’s vehicle safety report last autumn. One argued the technology is “significantly safer than average manual driving,” with the potential to “reduce traffic accidents by up to 90% and thus save lives on Norwegian roads.”
Stein-Helge Mundal of the Norwegian Public Roads Administration responded to several Tesla enthusiasts, saying Tesla’s figures “are self-produced,” which makes it “difficult to find correlation with the authorities’ accident statistics.”
Reporting by Chris Kirkham in Los Angeles and Marie Mannes in Stockholm; Additional reporting by Toby Sterling in Amsterdam; Editing by Mike Colias and Anna Driver
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Chris Kirkham is a business reporter in Los Angeles who writes about Tesla, electric vehicles and the wider automotive industry. He previously worked at The Wall Street Journal and the Los Angeles Times, and has covered topics including tobacco, worker safety, gambling, and the economy over a two-decade career. Contact him at [email protected] or on Signal at chris_kirkham.51
Stockholm-based company news correspondent who mainly covers anything to do with retail and industrial companies in Sweden as well as other sectors with Swedish companies. She previously covered the general Nordic stock market from Gdansk, reporting on a range of subjects, from companies exiting Russia to M&As and supply chain concerns. Marie has degrees in journalism and international relations and is keen on finding stories that drive the market and that have unreported elements to it.
A collaboration between PYMNTS Intelligence and Visa Direct, “The Power of Now: Moving At The Speed Of Life: Why Real-Time Payments Matter For Healthcare Insurance Payouts,” examines why healthcare insurance payouts remain slower than many consumers expect, even after insurance has approved a claim. The report shows that the last step in the claims process, getting money to the member, is often still tied to legacy payout methods such as paper checks and ACH transfers. That creates delays, complaints, errors and compliance concerns for insurers.
The report finds that healthcare insurance has a two-speed payout system. Core claims, such as reimbursements and coordination-of-benefits refunds, remain heavily dependent on traditional rails. More than nine in 10 insurers use ACH for core claims, and nearly as many still use paper checks. By contrast, non-claims payouts, such as wellness incentives, settlements and medical loss ratio rebates, are more likely to use faster options. That gap shows that many insurers already have access to real-time payment capabilities, but those capabilities have not yet reached the claims workflows members may care about most.
Payment processors play a major role in determining payout speed. Most insurers rely partly on outside processors for member payouts, and only about one-quarter of those insurers fully control which payment methods those processors use. That means the path to faster healthcare payouts depends not only on insurer investment, but also on whether processors can support easy-to-integrate real-time options.
The stakes are operational, financial and regulatory. Healthcare insurers report frequent friction, including consumer complaints about payment status, rejected payments, incorrect bank details and late-arriving funds. Larger insurers face especially high compliance exposure when payouts are delayed. Still, the industry is moving. Many insurers are investing in system integration, fraud prevention, verification and automation to support faster member payouts.
Download the Playbook Moving At The Speed Of Life: Why Real-Time Payments Matter For Healthcare Insurance Payouts
In “Moving At The Speed Of Life: Why Real-Time Payments Matter For Healthcare Insurance Payouts,” learn how: Healthcare insurers are using real-time payments more often for non-claims payouts than for core claims. This creates a gap between what healthcare insurers can do and how members often receive claims money. Payment processors shape the speed and choice of healthcare insurance payouts. Their capabilities can determine whether faster payment options reach members. Delayed payouts create more than a customer service problem. They can raise compliance risk, increase rework and make payment operations harder to manage. About the Report PYMNTS Intelligence surveyed 120 U.S. healthcare insurance executives between December 2025 and January 2026 for this study. All respondents hold in-depth knowledge of and decision-making responsibility for the ways their organizations issue payouts to individual members.
Respondents represent healthcare insurance carriers and providers across three annual-revenue tiers: under $100 million, $100 million to under $1 billion and $1 billion or more. The survey measured payout methods, speed of delivery, operational friction, consequences of delayed payments, barriers to real-time payout adoption, forward-looking investment plans and anticipated impacts of real-time capabilities.
See More In: featured insights, Healthcare, instant payments, Main Feature, News, Payments Intelligence, PYMNTS Intelligence, PYMNTS News, PYMNTS Study, real time payments, Visa
Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 15:
Douglas Dynamics, Inc. (PLOW - Free Report) : This commercial vehicle equipment company witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.4% the last 60 days.
This Zacks Rank #1 company has a dividend yield of 2.5%, compared with the industry average of 0.0%.
Luxfer Holdings PLC (LXFR - Free Report) : This materials and industrial component company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% the last 60 days.
This Zacks Rank #1 company has a dividend yield of 2.9%, compared with the industry average of 0.0%.
Starbucks Corporation (SBUX - Free Report) : This coffee company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.4% in the last 60 days.
This Zacks Rank #1 company has a dividend yield of 2.4%, compared with the industry average of 0.0%.
See the full list of top ranked stocks here.
Find more top income stocks with some of our great premium screens.
Integration with Venmo on The Knot’s Wedding Registry gives guests a familiar and trusted way to contribute to registry cash funds, while keeping registry tracking all in one place
NEW YORK--(BUSINESS WIRE)--Today, The Knot Worldwide (TKWW), a leading global wedding technology platform and marketplace, announced Venmo, a money movement app for the next generation, is now a payment option within The Knot’s Wedding Registry. This provides a free and trusted way for users to send money from their bank, debit card, or Venmo balance for registry cash fund gifting. The new offering gives wedding guests a familiar and trusted way to contribute to couples' cash funds, while also giving couples more flexibility and control over how they receive gifts.
About 89% of couples surveyed by The Knot this year say that when it comes to cash funds, couples care the most about the ease of use for their guests. In addition, 68% of couples want to be able to track all of their gifts in one place. With Venmo now available on The Knot’s Wedding Registry, both are easy to achieve as couples can receive funds directly with Venmo.
"Venmo is widely used and trusted by more than 100 million customers worldwide, making it easy for guests to contribute in a way that feels familiar and seamless," says Anu Penmetcha, Chief Product and Experience Officer, The Knot Worldwide. "By integrating Venmo into The Knot Wedding Registry, we're removing friction from the gifting experience and helping couples maximize their funds. The Knot Wedding Registry is bringing together trusted payment options and intuitive tracking in one place, empowering couples to get the most out of every gift, from the people who matter most."
“Venmo has always been part of how people share and celebrate together, and The Knot Worldwide has long set the standard for the wedding industry,” said Alexis Sowa, General Manager, Venmo. “Together we’re enhancing the gifting experience by delivering a secure, intuitive solution that meets couples and guests where they already are.”
When guests receive cash funds in their Venmo, they now have easy access to online, in-store, and in-app merchants to easily pay with Venmo. The new feature is launching today and is available exclusively in The Knot’s app, available on the App Store for iOS or on Google Play for Android devices.
About The Knot Worldwide
Across North America, Europe, Latin America, and Asia, The Knot Worldwide champions the power of celebration. The company’s global family of brands provides best-in-class products, services, and content to take celebration planning from inspiration to action. Through its wedding brands, including The Knot, WeddingWire, Bodas.net, Hitched.co.uk, Mariages.net, Matrimonio.com, and others, the company offers an extensive database of hundreds of thousands of wedding professionals to assist couples in organizing the happiest day of their lives. We have a brand for every kind of celebration—from booking a birthday party, to planning a wedding, to preparing to become a parent, and every moment in between.
About Venmo
Venmo is the go-to money movement app of the next generation, offering fast, safe, and social payments. With best-in-class experiences for users to send, split, shop, and sell, Venmo enables a seamless flow of money between the people and places that matter most to millions of users across the United States. For more information, go to: Venmo.com.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Past performance is not an indicator of future performance. This post is illustrative and educational and is not a specific offer of products or services or financial advice. Information in this article is not an offer to buy or sell, or a solicitation of any offer to buy or sell the securities mentioned herein. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy, and it should not be regarded as a complete analysis of the subjects discussed. Expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
SummaryOracle is upgraded to Strong Buy, as I believe the market underestimates its AI-driven growth and cloud momentum.ORCL posted stellar earnings, with 47% cloud revenue growth and a 93% surge in cloud infrastructure, despite a post-earnings sell-off.Oracle's $638B RPO, disciplined cost structure, and premium margins support a rerating case, even as execution risks and leverage warrant monitoring.At 23x forward P/E and a 0.80 PEG, ORCL trades at a discount to peers despite superior top and bottom line growth. J Studios/DigitalVision via Getty Images
Well, my bull case for Oracle (ORCL) isn't playing out the way I thought it would. But I have already pointed out in my previous coverage that it may take some time
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in ORCL over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
DaVita Inc. (DVA - Free Report) : This kidney dialysis company has a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days.
DaVita Inc. has a PEG ratio of 0.65 compared with 2.13 for the industry. The company possesses a Growth Score of B.
Five Below, Inc. (FIVE - Free Report) : This specialty retail company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.1% over the last 60 days.
Five Below has a PEG ratio of 1.09 compared with 2.01 for the industry. The company possesses a Growth Score of A.
Pitney Bowes Inc. (PBI - Free Report) : This shipping and mailing services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11% over the last 60 days.
Pitney Bowes has a PEG ratio of 0.75 compared with 0.86 for the industry. The company possesses a Growth Score of A.
See the full list of top ranked stocks here.
Learn more about the Growth score and how it is calculated here.
Roku (ROKU) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Roblox Corporation ("Roblox" or "the Company") (NYSE: RBLX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between October 30, 2025 and April 30, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before August 7, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Roblox assured investors that it could minimize risks associated with age verification and accurately forecast its business performance. The Company claimed to be "enormously bullish" and able to rely on "tremendous organic growth." The Company relied on viral events to supply growth while misleading shareholders about how age verification would impact platform engagement and the public's view of its products. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Roblox, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
Crude oil settling near $95 a barrel after touching almost $115 in early April has handed the market a cleaner rotation setup than anything tech has offered in months. The IBD Stock Market Today host made the call directly: with USO breaking its 10-week moving average and the 10-year Treasury yield retreating from mid-May highs, conditions favor travel, materials, and infrastructure plays that have lagged the AI trade.
I have followed enough rotation calls to know most fade inside a week. This one has the weight behind it.
Jets Catch a Bid as Fuel Costs Cool The U.S. Global Jets ETF (NYSEARCA:JETS) closed Friday near $30, up almost 6% for the week and 13% over the past month. The host said: “A lot of times these travel stocks do much better when oil starts coming in. And this is not a bad setup. It had a good week, up over 5% for this week.” JETS also found support at its 40-week moving average, which technicians read as a credible base.
Jet fuel is the second-largest cost item for airlines after labor. Every $10 drop in crude flows directly into operating margin. With WTI down 4% for the month and the 12-month average sitting near $73, carriers have room either to expand earnings or to hold fares and grab share.
Materials Break the Downtrend The Materials Select Sector SPDR (NYSEARCA:XLB) rose 2% Friday and 3% for the week to near $52. The host flagged the chart: “Are we crossing that downtrend? And it certainly looks the case in XLB.” Three names inside XLB matter most to this story.
Linde (NASDAQ:LIN | LIN Price Prediction), the industrial gases giant, trades near $523 with Q1 2026 EPS of $4.33 and a fresh dividend bump to $1.60 quarterly from $1.50 last year. Linde returned $1.545 billion to shareholders in Q1 alone and guided FY 2026 EPS to $17.60 to $17.90.
Nucor (NYSE:NUE) is the steel story. Shares trade at $266, up 64% year-to-date and 128% over twelve months. Q1 2026 revenue rose 21% to $9.50 billion, EPS came in at 3.23, beating the 2.82 estimate, and the company authorized a $4.0 billion buyback in February. Nucor just paid its 212th consecutive quarterly dividend and notched its 53rd straight year of increases.
Freeport-McMoRan (NYSE:FCX) hands investors copper and gold exposure into the electrification buildout. The stock rallied 8% on the week to almost $68, with Q1 2026 revenue up 12% to $6.23 billion. The dividend stays at $0.15 quarterly (half base, half variable), and $2.9 billion remains on the $5.0 billion buyback authorization.
Infrastructure Where the Backlog Tells the Story The Global X U.S. Infrastructure Development ETF (NYSEARCA:PAVE) closed near $58, up 21% year-to-date. PAVE’s deliberate diversification keeps any single holding under 4% of net assets, so the story is the basket.
The flagship name is Quanta Services (NYSE:PWR). The electric grid services contractor printed Q1 2026 EPS of 2.68, beating the 2.03 estimate, revenue jumped 26% to $7.87 billion, and the backlog hit a record $48.5 billion. Management guided FY 2026 adjusted EPS to $13.55 to $14.25. Shares trade at $707, up 68% YTD, though the stock is down 9% over the past month, the only soft spot in this group.
Rates Cooperate, Too The 10-year Treasury yield sits at 4.45%, down from a mid-May high of 4.67%. That move matters more than the oil drop for capital-intensive names. Quanta, Nucor, and Freeport all carry leverage to project economics that improve when long rates ease.
What I Am Watching Three things keep this rotation alive or kill it.
WTI under $100. Anything north of $100 flips airlines back to defense and erases the JETS thesis. The 10-year staying below the May peak. A retest of 4.67% pressures every name in PAVE and XLB through discount-rate math. Spot prices in copper and steel. FCX and NUE need commodity pricing to validate the equity move, otherwise the rally is rotation in search of fundamentals. The cleanest expression here is the ETF route: JETS for the fuel-cost reversal, XLB for the materials trend break, PAVE for the multi-year grid buildout. The names inside are the ones doing the heavy lifting, and they are where the next leg of this trade will be won or lost.
The Kroger Co. (NYSE:KR) will release its first quarter earnings report before the opening bell on Thursday, June 18.
Analysts expect the Cincinnati, Ohio-based grocer to report quarterly earnings of $1.59 per share, up from $1.49 per share in the year-ago period. The consensus estimate for Kroger’s quarterly revenue is $45.49 billion. It reported $45.12 billion last year, according to Benzinga Pro.
On May 26, Kroger announced the retirement of Tim Massa, executive vice president and chief associate experience officer.
Kroger shares fell 0.6% to close at $51.26 on Friday.
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