Expand Energy Corporation koupí Twin Eagle za 1,25 miliardy USD a vytvoří největší integrovanou společnost v severoamerickém plynu. Transakce má přidat více než 200 milionů USD očekávaného ročního EBITDA a 150 milionů USD synergií do konce roku 2028.
North America’s largest natural gas producer will become leading gas marketer, reaching customers across key demand markets in the United States and CanadaTransaction will accelerate Expand’s marketing and commercial ambitions, combining industry-leading natural gas supply with sophisticated and experienced asset-backed gas marketing capabilities Immediately accretive transaction, initially expected to contribute more than $200 million of projected annual EBITDA; $150 million per year of synergies by year-end 2028
SPRING, Texas and HOUSTON, July 27, 2026 (GLOBE NEWSWIRE) -- Expand Energy Corporation (NASDAQ: EXE) (“Expand” or the “Company”), the largest natural gas producer in North America, announced today that it has entered into a definitive merger agreement to acquire Twin Eagle Holdings, N.A., LLC (“Twin Eagle”), a leading private asset-backed natural gas marketing and optimization business, for $1.25 billion from Five Point Infrastructure. The transaction is subject to typical purchase price adjustments, including working capital, and is expected to close in the third quarter of 2026, pending customary closing conditions and required regulatory approvals. The Company expects to fund the transaction through a combination of cash on hand and borrowings under its revolving credit facility.
The transaction unites Expand’s industry-leading supply and financial strength with Twin Eagle’s premier physical marketing platform, creating a fully integrated natural gas company positioned to capture value across the entire chain in key U.S. and Canadian markets. Twin Eagle’s earnings are primarily supported by recurring physical supply and delivery relationships, asset-backed portfolio optimization, and experienced commercial, logistics and operating capabilities, consistently delivering earnings growth across a wide range of market conditions.
“This transaction accelerates Expand’s evolution into a leading integrated natural gas company with a commercial and marketing advantage compared to peers,” said Michael Wichterich, Expand Energy’s Interim President and Chief Executive Officer. “We’re already North America’s largest natural gas producer, and now we’ll be its leading gas marketer, with direct access to customers and structural demand growth. By combining Expand’s scale, resource depth and financial strength with Twin Eagle’s marketing and optimization platform, we’ll capture additional margin across the natural gas value chain and deliver more durable shareholder returns.”
Founded in 2010, Twin Eagle has established itself as one of the leading independent natural gas and power marketers in North America. Its business spans wholesale marketing, asset management, structuring and analytics, logistics and market intelligence.
“This is an exciting day for Twin Eagle, our employees and our customers,” said Jeremy Davis, Twin Eagle’s President and Chief Executive Officer. “This powerful combination pairs Expand’s enviable financial position and large, lower-cost natural gas supply with the talented team and marketing platform we have spent the past 16 years developing. We thank Five Point Infrastructure for their partnership and vision over the last dozen years. Together, with our new partner, we can create additional value in ways neither company could have accomplished on its own.”
“We saw a tremendous opportunity to partner with Twin Eagle management to expand its platform and capitalize on the growing demand for North American gas,” said David Capobianco, CEO and Managing Partner of Five Point Infrastructure. “Twin Eagle has generated exceptional returns for all stakeholders, while solidifying its standing as one of the leading independent asset-backed natural gas marketing and optimization platforms. We wish Jeremy and the team all the best as they move forward in partnership with Expand.”
Today, Twin Eagle markets more than 5 billion cubic feet per day (Bcf/d) of natural gas and manages roughly 44 Bcf of storage capacity and approximately 2 Bcf/d of firm transportation. It serves more than 1,000 customers across a diversified footprint spanning the U.S. and Canada. On a pro forma basis, the combined portfolio will have approximately 14 Bcf/d of marketed volume supported by roughly 9 Bcf/d of firm transportation and 49 Bcf of storage capacity.
The combination does more than add scale, it will enhance how Expand creates value by:
Accelerating the Company’s Marketing and Commercial strategy. The Company now expects to deliver $750 million per year of incremental free cash flow from its marketing and commercial strategy. This is an increase of 50% from its previous target, reflecting the value of the new integrated platform and the repeatable earnings of Twin Eagle. Expanding customer and market reach to capture greater value from every molecule. The acquisition will broaden access to premium demand centers across the U.S. and Canada, reaching approximately 90% of the natural gas market. The combined production, transportation and storage capacity will enable the Company offer additional reliability and flexibility to respond to customers’ needs and provide optimization opportunities. Leveraging scale and financial strength. Expand’s diversified portfolio and financial strength will elevate Twin Eagle’s asset-backed natural gas marketing and optimization business, enabling the combined business to extend contract terms, attract additional high-quality customers, and reach high-value markets. Adding experienced team with highly successful track record. Since its inception, Twin Eagle has consistently grown cash flows by leveraging its natural gas market expertise and effective risk management. Following the close of the merger, Twin Eagle will become a wholly-owned subsidiary of Expand, with key members of Twin Eagle’s management, including Jeremy Davis, continuing with the Company after closing.
Advisors
PJT Partners is serving as exclusive financial advisor to Expand Energy in connection with its acquisition of Twin Eagle. White & Case, LLP served as legal counsel and DrivePath Advisors served as communications advisor to Expand. Lazard is serving as financial advisor for Twin Eagle, Latham & Watkins LLP is serving as the lead legal counsel for Twin Eagle and Kekst CNC served as communications advisor to Five Point Infrastructure.
About Expand Energy
Expand Energy Corporation (NASDAQ: EXE) is North America’s largest natural gas producer, powered by dedicated and innovative employees focused on expanding the value of natural gas by connecting global scale to growing markets. Expand Energy’s returns-driven strategy strives to create sustainable value for its stakeholders by leveraging its advantaged portfolio, financial strength and operational excellence. Expand Energy is committed to expanding America’s energy reach to fuel a more affordable, reliable, lower carbon future.
About Twin Eagle
Founded in 2010, Twin Eagle is a leading physical energy marketer. Today, Twin Eagle is a recognized leader in customized and reliable energy products and services to suppliers, customers, and asset owners across the U.S. and Canada. The basis for Twin Eagle’s success is the depth of its customer relationships, the capabilities of its talented staff, and emphasis on culture, grounded by its Core Values: Safety, Integrity, Performance, Learning, and Teamwork.
About Five Point Infrastructure
Five Point Infrastructure LLC is a private equity and infrastructure investor focused on investments within the North American water management, surface management, powered land, and sustainable infrastructure sectors. The firm was founded by industry veterans with demonstrated records of success investing in, building, and running infrastructure companies. Headquartered in Houston, Texas, Five Point has approximately $7.2 billion of assets under management across multiple investment funds. For more information, please visit www.fpinfra.com.
Forward-Looking Statements
This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include our current expectations or forecasts of future events, including statements regarding the proposed transaction with Twin Eagle, including the expected closing of the proposed transaction and the timing thereof, expected synergies, EBITDA and free cash flow contributions from the proposed transaction, the acceleration of Expand Energy’s marketing and commercial ambitions and the operations, strategies and plans of the combined company, and anticipated future performance. Information adjusted for the proposed transaction should not be considered a forecast of future results. Forward-looking statements often address our expected future business, financial performance and financial condition, and often contain words such as "aim", "predict", "should", "expect," “could,” “may,” "anticipate," "intend," "plan," “ability,” "believe," "seek," "see," "will," "would," “estimate,” “forecast,” "target," “guidance,” “outlook,” “opportunity” or “strategy.” The absence of such words or expressions does not necessarily mean the statements are not forward-looking.
Although we believe the expectations and forecasts reflected in our forward-looking statements are reasonable, they are inherently subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. No assurance can be given that such forward-looking statements will be correct or achieved or that the assumptions are accurate or will not change over time. Particular uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include: the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement; the risk that we or Twin Eagle may be unable to obtain governmental and regulatory approvals required for the proposed transaction, or required governmental and regulatory approvals may delay the transaction or result in the imposition of conditions that could cause the parties to abandon the merger; the risk that the parties may not be able to satisfy the conditions to the proposed transaction in a timely manner or at all; risks related to disruption of management time from ongoing business operations due to the proposed transaction; the risk of any unexpected costs or expenses resulting from the proposed transaction; the risk that the proposed transaction and its announcement could have an adverse effect on the ability of the Company or Twin Eagle to retain and hire key personnel, on the ability of the Company and Twin Eagle to attract customers and maintain its relationships with counterparties and on the Company’s and Twin Eagle’s operating results and businesses generally; the risk that problems may arise in successfully integrating Twin Eagle’s business with the Company’s; the risk that the Company may be unable to achieve synergies or other anticipated benefits of the proposed transaction or it may take longer than expected to achieve those synergies or benefits and other important factors that could cause actual results to differ materially from those projected; the volatility in commodity prices; the effect of future regulatory or legislative actions on the companies or the industries in which they operate; the ability of management to execute its plans, to meet its goals and other risks inherent in the Company’s and Twin Eagle's businesses; the potential disruption or interruption of the Company’s or Twin Eagle’s operations due to war, accidents, political events, civil unrest, severe weather, cyber threats, terrorist acts, or other natural or human causes beyond the Company’s or Twin Eagle’s control; and the combined company's ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and other factors that are described under Risk Factors in Item 1A of Part I of our Annual Report on Form 10-K filed with the SEC.
We caution you not to place undue reliance on the forward-looking statements contained in this news release, which speak only as of the filing date, and we undertake no obligation and have no intention to update any forward-looking statement, except as required by law. We urge you to carefully review and consider the disclosures in this news release and our filings with the SEC that attempt to advise interested parties of the risks and factors that may affect our business.
All forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement.
Non-GAAP measures
The Company has not provided projected net income or a reconciliation of projected EBITDA to projected net income, the most comparable financial measure calculated in accordance with GAAP. Net income includes the impact of one-time, non-recurring and non-cash changes and certain other items that impact comparability between periods and the tax effect of such items, which may be significant and difficult to project with a reasonable degree of accuracy. Therefore, projected net income, and a reconciliation of projected EBITDA to projected net income (loss), are not available without unreasonable effort.
The Company has not provided projected net cash provided by operating activities or a reconciliation of projected free cash flow to projected net cash provided by operating activities, the most comparable financial measure calculated in accordance with GAAP. The Company is unable to project net cash provided by operating activities for any future period because this metric includes the impact of changes in operating assets and liabilities related to the timing of cash receipts and disbursements that may not relate to the period in which the operating activities occurred. The Company is unable to project these timing differences with any reasonable degree of accuracy without unreasonable efforts such as predicting the timing of its payments and its customers' payments, with accuracy to a specific day, months in advance. Furthermore, the Company does not provide guidance with respect to its average realized price, among other items, that impact reconciling items between net cash provided by operating activities and free cash flow. Natural gas prices are volatile and out of the Company's control, and the timing of transactions and the income tax effects of future transactions and other items are difficult to accurately predict. Therefore, the Company is unable to provide projected net cash provided by operating activities, or the related reconciliation of projected free cash flow to projected net cash provided by operating activities, without unreasonable effort.
Apple před výsledky sází na AI bez vlastního velkého modelu, což podle analytičky Laury Martin může být buď obrovská příležitost, nebo existenční riziko. Akcie v premarketu stouply o 0,29 % na 334,00 USD.
Apple Inc. (NASDAQ:AAPL) stock rose in Monday’s premarket trading as investor sentiment improved ahead of the opening bell. Nasdaq futures climbed 1.6%, while S&P 500 futures gained 0.97%.
Apple’s early gains largely tracked the broader rally in U.S. equity futures, with other mega-cap technology stocks also moving higher.
The stock is trading near a key resistance level around its recent highs. That makes even modest gains meaningful for short-term traders.
Investors are also positioning ahead of Apple’s quarterly earnings report later this week. As a result, trading could remain sensitive around key technical levels until the results are released.
AI Strategy In Focus: Apple Is Zigging While Big Tech Zags on AIApple’s artificial intelligence strategy is also drawing increased attention ahead of its earnings report.
Unlike Alphabet Inc., Meta Platforms Inc., Amazon.com Inc. and Microsoft Corp., Apple is not spending heavily on AI infrastructure or developing large foundation models. Instead, the company is leaning on its large installed base of consumer devices to deliver AI features.
Evercore ISI analyst Amit Daryanani told CNBC on Friday that Apple appears to view foundation models as less critical to long-term differentiation. That approach allows the company to avoid the heavy capital spending seen across the hyperscaler group while preserving greater flexibility to return cash to shareholders.
Needham analyst Laura Martin told CNBC on Saturday that Apple has chosen to position itself as the primary gateway between consumers and AI services rather than building its own foundation model.
Despite Android’s larger global market share, she said Apple is making a high-stakes wager that it can succeed without developing its own large AI model.
According to Martin, that strategy could either generate exceptional long-term returns if it proves successful or pose a significant existential risk to the company if it fails. She added that she believes Apple has made the wrong choice.
The key question for investors is whether Apple Intelligence can drive a new hardware upgrade cycle. The analyst pointed to faster iPhone replacement rates and improving demand in China as important metrics to watch.
Technical AnalysisApple traded at $334.00, just below its 52-week high of $334.99 reached in July. A move above $335 could attract momentum buyers, while failure to break through may trigger profit-taking.
The broader trend remains positive. The stock trades 6.2% above its 20-day simple moving average (SMA) of $314.39 and 20.9% above its 200-day SMA of $275.98.
The 20-day SMA remains above the 50-day SMA. In addition, the 50-day SMA continues to trade above the 200-day SMA following the golden cross that formed in September 2025. That setup suggests the longer-term uptrend remains intact.
Momentum indicators also support the bullish outlook. The moving average convergence divergence (MACD) indicator remains above its signal line, while the histogram is positive. Together, those signals point to strengthening buying momentum.
The next key resistance level is $335.00. Initial support sits near $287.50, an area where buyers have previously stepped in.
Earnings And Analyst OutlookApple is scheduled to report quarterly results on Thursday, July 30.
Wall Street expects earnings of $1.89 per share, up from $1.57 a year earlier. Revenue is projected to reach $108.86 billion, compared with $94.04 billion in the prior-year quarter.
The stock trades at 40.3 times earnings, reflecting a premium valuation.
Analysts maintain a consensus Buy rating with an average price forecast of $325.36. Recent rating changes include:
Morgan Stanley raised its price forecast to $364 on July 23 while maintaining an Overweight rating. HSBC upgraded the stock to Buy on July 17 and raised its price forecast to $366. KeyBanc downgraded Apple to Underweight on July 14 with a $250 price forecast. ETF ExposureBecause Apple represents such a large portion of these funds, strong ETF inflows or outflows can drive automatic buying or selling of the stock.
Price ActionAAPL Stock Price Activity: Apple shares were up 0.29% at $334.00 during premarket trading on Monday, according to Benzinga Pro data.
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Meta opustila deset let starý závazek RE100, protože pro datová centra pro AI stále více spoléhá na zemní plyn. Firma přitom dál tvrdí, že bude vyrovnávat 100 % spotřeby elektřiny čistou energií.
Meta's logo at the company's offices in Menlo Park, California, U.S. (Photo: Justin Sullivan)
Getty Images
Technology giant Meta - the parent company of Facebook, Instagram and WhatsApp - has exited from a clean energy pact it had been a signatory to for over a decade, following a natural gas-powered push for its hyperscale data centers.
The company’s exit from the RE100 - a corporate renewable energy initiative - was revealed late last week by Recharge News. The initiative was floated by non-profit outfit The Climate Group founded by former U.K. prime minister Tony Blair.
Despite Meta’s exit, its other big tech rivals Apple, Google and Microsoft remain among the initiative’s 400-plus signatories. Another rival Amazon is not RE100 member. While confirming the "amicable" move, a Meta spokesperson declined further comment.
Renewables Can’t Keep PaceThe company needs reliable power sources for data centers at the heart of its artificial intelligence development and expansion plans.
While Meta’s renewable energy partnerships for wind and solar energy continue, it is also turning to natural gas-fired power sources in the U.S. as renewables simply cannot keep pace with its near-term demand projections.
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ForbesU.S. Banking On ‘Co-Innovation’ For Its Trillion Dollar Energy BuildBy Gaurav SharmaForbesU.S. Market Expected To Lead Multibillion Dollar Investments In LNGBy Gaurav SharmaForbesBig Oil Is Pairing Up With Big Tech For An Opportunity Worth BillionsBy Gaurav SharmaRecent overtures include Meta’s backing of ten such power plants in Louisiana capable of generating 7.5 gigawatts of electricity, following on from a 200 megawatt facility in Ohio that it backed in June 2025.
And the tech giant is not alone in turning to natural gas. Both Google and Microsoft have also invested in power sourced from fossil fuels. However, Meta’s moves dwarf its rivals in wattage terms.
As AI development morphs into a multibillion dollar industry, deployments accelerate, and the hyperscale data centers needed for the activity continue to grow exponentially, the tension between 'Big Tech’ headline growth and clean energy commitments continues to grow too.
End Of Decade ScenariosMany tech firms have inked long-term power purchase agreements with utilities and suppliers. These contracts are underpinned by renewable energy sources such as wind and solar power.
But with power demand for data centers tipped to grow between 10% and 15% per year between now and 2030, if not more, as noted by S&P Global Commodity Insights, additional power sourced from natural gas-fired plants is increasingly coming into view both within the U.S. and elsewhere.
Meta’s predicament and response offer a true case in point. In the company’s 2025 sustainability report, Meta said it will continue matching 100% of its annual electricity use with clean and renewable energy.
Till date, Meta-supported wind and solar projects total up to nearly 30GW in the U.S. and global markets it operates in. Yet, with the AI sphere witnessing a bit of a super-cycle of sorts, and all of us living in a world where a a single ChatGPT query requires 2.9Wh of electricity, compared with 0.3Wh for a routine Google search (nearly ten times as much) - Meta and its competitors are reactively doing what they need to as energy hungry businesses.
And its not just natural gas, even coal could be a beneficiary, according to the International Energy Agency. The Paris, France-based think-tank recently forecast that demand from data centres remains a significant near-term driver of growth for natural gas-fired and coal-fired generation, through both higher utilization of existing assets and new power plants.
Natural gas and coal together are expected to meet over 40% of the additional electricity demand from data centres until 2030, it added. In such a scenario that is appearing highly likely, many clean energy pacts and pledges may well be broken by major tech brands out of necessity.
Cybertruck se podle Bloombergu stal největším obchodním propadákem v historii aut, když výrazně zaostal za cílem 250 000 vozů ročně. Tesla zároveň po výsledcích za druhé čtvrtletí zaznamenala nejhorší týden od roku 2022.
Tesla (NASDAQ:TSLA | TSLA Price Prediction) investors got a brutal reminder last week that ambitious targets can curdle into cautionary tales. A Bloomberg report published July 22, 2026 argued the Cybertruck has eclipsed the Ford Edsel as the auto industry’s benchmark commercial flop on a target-versus-actual basis. Hours later, Tesla posted a Q2 earnings miss, and the stock logged its worst week since 2022.
The Edsel Yardstick Ford launched the Edsel in 1957 with projections of 200,000 units in its first year. It sold less than one-third of that target, and its vertical grille (mocked as resembling a toilet seat) became shorthand for corporate failure that has endured nearly seven decades.
Elon Musk set a higher bar. He projected the Cybertruck could reach 250,000 units annually and called it Tesla’s “best product ever.” In its first full year, the truck sold roughly one-sixth of that target. Per Bloomberg’s chart, Year 2 sales fell to well under 25,000, a steeper proportional miss than the Edsel’s.
An Accelerating Decline Cox Automotive figures show the trajectory. Cybertruck sold 38,965 units in 2024, then 20,237 units in 2025, a 48.1% year-over-year decline. Q4 2025 volume was 4,140 units, down 68.1% from 12,991 a year earlier. Q1 2026 hit a record low of 3,519 deliveries, and only 7,133 Cybertrucks were registered in the U.S. through May 2026, per S&P Global Mobility data cited by Bloomberg.
The truck posted the steepest sales decline of any EV nameplate in the U.S. in 2025. Tesla’s earnings materials list the Cybertruck alongside Model 3, Model Y, Model S, Model X, Cybercab, Semi and Roadster, but it has not appeared as a growth driver in the last four quarterly reports.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Tesla didn't make the cut. Grab the names FREE today.
The Stock Rout The Cybertruck story is one strand in a broader unraveling. Tesla shares fell 17.81% in the week ending July 24, 2026, closing at $313.03. The single-session drop after earnings ran to 14%, sending the stock to an 11-month low.
The Q2 report explains the reaction. Revenue reached $28.24 billion, up 25.52% year-over-year, on record deliveries of 480,126 vehicles. Adjusted EPS of $0.33, missing the $0.5367 consensus. Operating income slid 56.88% to $398 million, free cash flow swung to negative $1.09 billion, and operating expenses surged 47% to $4.35 billion on AI infrastructure, R&D and stock-based compensation. Full-year capex is guided to over $25 billion for Optimus, Cybercab and AI data centers.
Short sellers booked $4.3 billion in mark-to-market gains from the single day’s selloff. The stretch cost Musk roughly $130 billion in personal net worth.
What to Watch Shares are down 30.39% year-to-date, and prediction markets imply consolidation in the $300 to $330 range through month-end, against an analyst consensus target of $402.76. Whether the Cybertruck earns a legacy similar to the Edsel remains an open question.
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Coca-Cola uvedla, že fairlife obnovila většinu výroby ve čtyřech amerických závodech po kybernetickém útoku. Firma dodala, že incident pravděpodobně nebude mít podstatný dopad na její finanční výsledky.
A driver delivers Coca-Cola products to stores in Boston, Massachusetts, April 24, 2008. REUTERS/Brian Snyder Purchase Licensing Rights, opens new tab
July 27 (Reuters) - Coca-Cola (KO.N), opens new tab on Monday said its dairy company, fairlife, resumed most of the production at four U.S. facilities, where operations were halted after unauthorized third-party access on some systems.
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Fairlife, earlier this month, joined companies grappling with a surge in AI-driven cyberattacks and ransomware that steal sensitive data and disrupt operations, leading to a halt in domestic production.
The Chicago-based company launched an investigation with the help of external cybersecurity experts and advisers; Coca-Cola, which wholly owns fairlife, had said product quality and safety had not been affected by the incident.
Hacking gang Anubis claimed credit for the hack on Tuesday, and said it had stolen 1 terabyte of data from fairlife.
The beverages giant said fairlife was working to restore impacted systems and operations; existing inventory helped maintain retail availability of products.
The company said the incident is not likely to have a material impact on its financial condition or results. Coca-Cola is expected to report second-quarter results on Tuesday.
Reporting by Neil J Kanatt in Bengaluru; Editing by Joyjeet Das
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Alphabet uvádí, že jeho podíl ve SpaceX má hodnotu 94,1 miliardy USD. Hodnota jeho neobchodovaných investic v soukromých firmách dosáhla 124,3 miliardy USD, převážně díky Anthropic.
July 22 was a pivotal day for Google parent Alphabet (GOOGL +0.58%)(GOOG +0.21%). It marked the first time in its storied history as a public company that it generated negative free cash flow -- an indication that management is spending aggressively on artificial intelligence (AI) infrastructure expansion.
But there's a lot more to Alphabet than just cloud infrastructure services platform Google Cloud and the company's integration of generative AI and large language model capabilities. Alphabet has evolved into one of Wall Street's savviest investors, and the company's second-quarter 10-Q filing with regulators fully or partially spilled the beans on how much its stakes in Space Exploration Technologies (SpaceX) (SPCX -2.85%) and AI start-up Anthropic are now worth.
Image source: Getty Images.
Google initially invested $900 million into Elon Musk's space and AI conglomerate in January 2015, when SpaceX was valued at roughly $12 billion. Although this 7.5% initial stake has been diluted a bit over the years, Alphabet's stake in SpaceX remains sizable.
In Alphabet's June-ended quarter, the 10-Q notes that $80 billion of its stake is subject to early release sale restrictions, while the remaining $14.1 billion is to abide by long-term restrictions through the third quarter of 2027. In other words, this $900 million initial investment is now worth a cool $94.1 billion.
JUST IN: Google discloses owning $94,100,000,000.00 in SpaceX stock, roughly a 6% stake.
-- Polymarket (@Polymarket) July 23, 2026 Alphabet may have the opportunity to begin ringing the register in a little over a week.
Whereas most newly public companies prohibit insider selling for the first 180 calendar days after an initial public offering, SpaceX has implemented a staggered and accelerated unlock schedule. Beginning two trading days after the company's first quarterly report on Aug. 4, early release-eligible insiders, including Alphabet, can start cashing in their chips.
Image source: Getty Images.
Google's stake in Anthropic may be approaching $124 billion In addition to outlining how much Google's longtime stake in SpaceX is worth, Alphabet's 10-Q also highlights the massive scale of its stake in Anthropic, the developer of the Claude large language model.
As of June 30, the carrying value of Alphabet's non-marketable equity securities in private companies was $124.3 billion. Bloomberg suggests that the overwhelming majority of this market value traces back to Google's stake in Anthropic.
$GOOGL stake in Anthropic is now worth $124B. pic.twitter.com/K9yyLbUgYy
-- Shay Boloor (@StockSavvyShay) July 23, 2026 Google has made several investments in Anthropic, starting with a 10% stake that cost $300 million in April 2023. This was followed up by another $2 billion investment, with $500 million upfront, in October 2023. More recently, in April 2026, Alphabet pledged $40 billion in add-on investments, with $10 billion upfront and the remainder dependent on performance milestones.
Having watched SpaceX and SK Hynix recently debut at $1 trillion-plus valuations, it's not out of the question that Anthropic adds that extra zero if and when it chooses to go public. If that happens, Alphabet will have cemented itself as a truly legendary investor.
Sean Williams has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet. The Motley Fool has a disclosure policy.
Collaborative Wealth Managment Inc. cut its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 58.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,267 shares of the computer hardware maker’s stock after selling 5,948 shares during the period. Collaborative Wealth Managment Inc.’s holdings in NVIDIA were worth $744,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in NVDA. Diversified Enterprises LLC increased its holdings in shares of NVIDIA by 44.2% during the fourth quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker’s stock worth $23,798,000 after purchasing an additional 39,129 shares during the period. ASR Vermogensbeheer N.V. boosted its stake in shares of NVIDIA by 1.8% in the fourth quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker’s stock valued at $591,086,000 after buying an additional 54,877 shares during the period. Storen Legacy Partners LLC bought a new stake in shares of NVIDIA in the fourth quarter valued at approximately $1,350,000. Weaver Capital Management LLC grew its position in NVIDIA by 5.5% during the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker’s stock worth $15,893,000 after buying an additional 4,439 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in NVIDIA by 3.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 26,652,420 shares of the computer hardware maker’s stock worth $4,970,704,000 after buying an additional 936,506 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.
Trending Headlines about NVIDIA Here are the key news stories impacting NVIDIA this week:
Positive Sentiment: NVIDIA announced a joint AI research lab with KAIST in Seoul, a $300 million collaboration that will fund researchers, internships, and AI infrastructure to advance agentic AI in South Korea. NVIDIA and KAIST Launch Joint AI Research Lab to Accelerate AI Innovation in Korea Positive Sentiment: The company also struck a $1.5 billion partnership with Amkor to expand advanced semiconductor packaging and test capacity in the U.S., reinforcing NVIDIA’s AI supply chain and manufacturing footprint. Nvidia, Amkor strike $1.5 billion chip packaging deal Positive Sentiment: Jensen Huang and NVIDIA joined Microsoft, Meta, and others in publicly backing open-source AI models, which could support broader AI adoption and future demand for NVIDIA GPUs. Nvidia, Microsoft and other tech giants back open-source AI models Positive Sentiment: Several technical reports say NVDA is holding support and may be forming a bullish inverse head-and-shoulders pattern, while other analysts point to a breakout above the 50-day moving average as a possible catalyst. NVIDIA Corp. (NVDA) Price Forecast: Can NVDA Break Above Key Resistance? Neutral Sentiment: Institutional filings show continued buying from some funds, but insider activity remains dominated by sales, which keeps sentiment mixed rather than decisively bullish. Fund Update: 337,821 NVIDIA (NVDA) shares added to COMGEST GLOBAL INVESTORS S.A.S. portfolio Negative Sentiment: Broader semiconductor shares have pulled back as investors take profits and worry about AI valuation levels and heavy capex spending, which has weighed on NVIDIA along with the rest of the AI trade. Semiconductor Crossroads: Healthy Consolidation or Deeper Repricing? Negative Sentiment: News flow also highlights investor rotation out of the biggest AI winners and concerns that the “Magnificent 7” are digesting a surge in AI infrastructure spending, creating near-term pressure on NVDA despite strong long-term demand. Magnificent 7 stocks shed hundreds of billions amid AI spending fears Analyst Upgrades and Downgrades Several brokerages have weighed in on NVDA. Robert W. Baird set a $500.00 price objective on NVIDIA and gave the company an “outperform” rating in a report on Thursday, May 21st. Rosenblatt Securities reissued a “buy” rating and set a $325.00 target price on shares of NVIDIA in a report on Thursday, May 21st. Citic Securities raised their price target on NVIDIA from $242.00 to $315.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Seaport Research Partners raised their price target on NVIDIA from $140.00 to $180.00 and gave the stock a “sell” rating in a research report on Thursday, May 21st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $285.00 price target (up from $250.00) on shares of NVIDIA in a research note on Wednesday, May 20th. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $304.26.
View Our Latest Analysis on NVDA
NVIDIA Stock Performance Shares of NVDA stock opened at $206.84 on Monday. NVIDIA Corporation has a fifty-two week low of $164.07 and a fifty-two week high of $236.54. The stock’s fifty day moving average price is $207.85 and its two-hundred day moving average price is $195.86. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The company has a market cap of $5.01 trillion, a PE ratio of 31.68, a P/E/G ratio of 0.40 and a beta of 2.21.
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company had revenue of $81.61 billion during the quarter, compared to analysts’ expectations of $78.42 billion. During the same quarter in the previous year, the firm earned $0.81 EPS. NVIDIA’s revenue was up 85.2% on a year-over-year basis. Equities analysts predict that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.
NVIDIA Increases Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a yield of 0.5%. NVIDIA’s payout ratio is presently 15.31%.
NVIDIA declared that its Board of Directors has initiated a stock repurchase program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.
Insiders Place Their Bets In related news, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the sale, the director directly owned 5,207,271 shares of the company’s stock, valued at approximately $1,094,412,146.07. The trade was a 14.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Stephen C. Neal sold 15,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,901,125 shares of company stock valued at $410,583,015. 3.94% of the stock is currently owned by corporate insiders.
NVIDIA Company Profile (Free Report)
NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.
The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.
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Nvidia podle WSJ jedná o podpoře až 600 miliard USD financování spojeného s OpenAI, včetně 250 miliard USD pro datacentrum v Ohiu a 350 miliard USD na nákup GPU. Pokud se to potvrdí, vyvolá to novou debatu o „cirkulárním“ financování AI.
The artificial intelligence boom has reshaped more than the technology industry — it has changed how the biggest AI infrastructure projects get funded. Companies are no longer just competing to build the fastest models. They are racing to secure enough computing power to train them, forcing billions of dollars into new data centers and AI chips.
Nvidia (NASDAQ:NVDA | NVDA Price Prediction) has been the biggest beneficiary of that spending, but as the cost of AI infrastructure continues climbing, investors are beginning to pay closer attention to who is ultimately paying the bill. A new report suggests Nvidia may once again play a larger role than simply supplying GPUs.
Nvidia’s Role Appears to Be Expanding According to The Wall Street Journal, Nvidia is in talks to support as much as $600 billion of OpenAI-related financing. The proposal could include $250 billion tied to OpenAI’s planned Ohio data center and another $350 billion supporting GPU purchases.
If true, the arrangement would represent a dramatic expansion of Nvidia’s relationship with its largest AI customers. OpenAI already depends on Nvidia’s GPUs to train and run models like ChatGPT. Increasingly, it may also depend on Nvidia to help finance the infrastructure required to buy those chips.
This isn’t the first time such reports have surfaced. Last year, reports suggested Nvidia was considering a financing package approaching $100 billion for OpenAI’s infrastructure ambitions. Those negotiations ultimately produced a much smaller investment than initially reported. Nvidia CEO Jensen Huang later indicated media reports overstated the scope of the discussions, explaining the conversations centered around a non-binding memorandum of understanding rather than Nvidia funding the entire project outright.
That history matters because none of the latest reports have been confirmed by Nvidia or OpenAI. Investors should remember that negotiations often evolve — or disappear entirely.
The criticism isn’t new. Nvidia has invested directly in AI startups while partnering with lenders and infrastructure providers to expand AI capacity. Those investments remain tiny compared to Nvidia’s nearly $200 billion in annual revenue and hundreds of billions of dollars in cash generation, but a $600 billion financing package would inevitably attract renewed scrutiny if completed.
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Granted, facilitating financing isn’t uncommon in capital-intensive industries. Aircraft manufacturers, industrial equipment makers, and energy companies have long helped customers secure funding. The difference is the sheer size of today’s AI infrastructure projects.
OpenAI’s Economics Remain the Bigger Question The financing discussion also shines a spotlight on OpenAI itself. Earlier this year, reports indicated OpenAI had reached roughly $2 billion in monthly revenue, an extraordinary growth rate for any software company. Yet multiple reports have also suggested the company continues generating massive operating losses as it spends aggressively on AI infrastructure, talent, and model development.
That creates a delicate balancing act. OpenAI needs ever-larger computing clusters to stay competitive, while Nvidia needs customers capable of purchasing ever-larger quantities of GPUs.
Ironically, that mutual dependence is exactly what makes investors uneasy. If OpenAI requires outside financing to sustain its expansion, skeptics may once again question whether AI chip demand is entirely organic or increasingly supported by creative financing structures.
Key Takeaway In short, investors should treat the reported $600 billion financing discussions with caution until Nvidia or OpenAI confirms the details. Similar reports last year ultimately proved far less sweeping than early headlines suggested.
Regardless, the report underscores a broader trend that matters far more than one rumored transaction: Nvidia is evolving from the world’s dominant AI chip supplier into a central player in financing the AI ecosystem itself. That strategy could deepen customer relationships and protect future GPU demand, but it also invites greater scrutiny over whether demand is being driven by end-market economics or increasingly by the availability of capital.
Ultimately, that distinction may become one of the most important questions surrounding Nvidia’s valuation over the next several years.
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Target Hospitality uzavřela novou asset-based revolvingovou úvěrovou linku za 660 milionů USD, která téměř čtyřnásobně zvyšuje její úvěrovou kapacitu a snižuje náklady na financování až o 250 bazických bodů.
, /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced the closing of a new $660 million asset-based revolving credit facility (the "ABL Facility"). The ABL Facility significantly strengthens the Company's liquidity position, extends its debt maturity profile and enhances financial flexibility as Target continues to pursue an active commercial pipeline representing more than 20,000 beds, driven by sustained development activity across high-value end markets.
The ABL Facility replaces Target's previous $175 million senior secured revolving credit facility (the "Previous Facility"), nearly quadrupling the Company's committed borrowing capacity to $660 million, subject to borrowing base availability, to support strategic growth initiatives and general corporate purposes. The ABL Facility has a five-year term maturing in July 2031 and includes an accordion feature providing for up to $190 million of incremental commitments, which could increase total committed borrowing capacity to $850 million, subject to lender commitments, customary conditions, and borrowing base availability.
Borrowings under the new ABL Facility are expected to bear interest at Term SOFR plus 2.25% to 3.00%, depending on the Company's Total Leverage Ratio.
The new ABL Facility represents a reduction in borrowing costs of up to 250 basis points compared to the Previous Facility, meaningfully lowering Target's cost of capital, enhancing expected returns on incremental growth investments, and supporting a disciplined balance sheet.
"The closing of our new ABL Facility marks an important step in the evolution of Target's capital structure," said Jason Vlacich, Chief Financial Officer of Target Hospitality. "This facility significantly increases our committed capacity, extends our debt maturity profile and meaningfully lowers our cost of capital. The size of the commitments extended by both new and existing lenders, and the terms we secured, reflect the durability of our contracted revenue base and confidence in our growth strategy. Combined with internally generated cash flow, this facility provides substantial flexibility to capitalize on the largest commercial pipeline in our history across high-value end markets with durable, long-term demand, while maintaining a disciplined and resilient financial position."
The ABL Facility was arranged by JPMorgan Chase Bank, N.A., acting as Administrative Agent, with JPMorgan Chase Bank, N.A., PNC Bank, National Association, and Wells Fargo Bank, National Association serving as Joint Lead Arrangers and Joint Bookrunners. Morgan Stanley and Huntington Bank served as Documentation Agents. Deutsche Bank AG and First National Bank of Omaha also participated as lenders in the ABL Facility.
Additional details regarding the ABL Facility will be available in the Company's Current Report on Form 8-K to be filed with the Securities and Exchange Commission.
About Target Hospitality
Target Hospitality is one of North America's largest providers of vertically integrated specialty rental modular accommodations and full-service value-added hospitality solutions in the United States. Target builds, owns and operates a customized and growing network of communities for a range of end users through a full suite of value-added solutions including premium catering and food services, maintenance, housekeeping, grounds-keeping, concierge, laundry services, logistics, security, recreational facilities services, community management, and community design and construction.
Certain statements made in this press release are "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside our control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include: operational, economic, including inflation, political and regulatory risks; our ability to effectively compete in the specialty rental accommodations and hospitality services industry, including growing the Workforce Hospitality Solutions segment; our ability to execute, expand, and manage WHS projects supporting critical mineral development, power generation, and data center infrastructure projects; our ability to achieve margin improvement through the effective servicing of contracts in our WHS segment; effective management, utilization, and performance, of our communities (including workforce hubs); natural disasters and other business disruptions including outbreaks of epidemic or pandemic disease; the duration of any future public health crisis, related economic repercussions and the resulting negative impact to global economic demand; the effect of changes in state building codes on marketing our buildings; changes in demand within a number of key industry end-markets and geographic regions, including natural resources, critical minerals, and data center/AI infrastructure; changes in customer capital spending, project schedules, or end-user demand that may result in delays, non-renewals, or cancellations of contracts, including the contract that is terminable for convenience in the Government segment; our reliance on third party manufacturers, suppliers and service providers; our ability to attract and retain key personnel and maintain workforce availability for specialized hospitality and construction operations; increases in raw material, food, labor or other operating costs; the effect of impairment charges on our operating results; our future operating results fluctuating, failing to match performance or to meet expectations; our exposure to various possible claims and the potential inadequacy of our insurance coverage; unanticipated changes in our tax obligations; our obligations under various laws and regulations, including those applicable to government contracts; the effect of litigation, judgments, orders, regulatory or customer bankruptcy proceedings on our business; our ability to successfully acquire and integrate new operations; global, national or local economic and political developments, including any changes in policy under the current or any future U.S. presidential administrations; federal government budgeting and appropriations; our ability to manage credit risk and collect on our accounts receivable; our ability to fulfill Target Hospitality's public company obligations; cybersecurity threats, incidents, or failures of our management information systems; and risks related to our liquidity, access to capital markets, and obligations under existing or future debt agreements, including compliance with financial covenants. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Investor Contact
Mark Schuck
(832) 702 – 8009
[email protected]
Ford rozšiřuje nabídku doplňků a úprav vozů, aby zvýšil ziskovost a využil americký aftermarket za 52,9 miliardy USD. První limitovaná série Bronco má 1 000 kusů a balíček za 13 695 USD zvedá cenu na 57 350 USD.
BROOKLYN, Mich. — Ford Motor is expanding its accessory and parts business in an effort to boost profits and better tap into the $53 billion U.S. aftermarket industry.
The automaker is planning to increase its aftermarket products — from exterior detailing and vehicle wraps to performance parts and systems — and have more exclusive moments it's comparing to a "Nike shoe drop," with new and special-edition vehicle models, according to Matt Simpson, Ford Customization's executive director.
"Think like a 'Nike dropping a sneaker' is the vision," Simpson told CNBC during an event at the Michigan International Speedway racetrack here promoting the company's efforts. "We're significantly increasing our investment in this group to bring more choice and to engage customers in this aftersales."
Automakers have long used special-edition vehicles and souped-up models to boost vehicle prices and profits, but Ford says it is methodically taking steps to increase customers' ability to customize vehicles across all price levels.
That includes expanding accessories as well as investing additional resources in Ford Custom Garage, which launched last year as a one-stop shop for customizations from the carmaker.
Ford Custom Garage's first shoe-like "vehicle drop" occurred Monday. It unveiled a sunrise-inspired Ford Bronco SUV that wouldn't be out of place in a new Barbie movie — although the company's designers say they did not have the Mattel toy in mind when developing the vehicle.
The automaker said it will produce 1,000 of the limited-edition Broncos with the Desert Rising package as part of the Ford Custom Garage's new Bronco Horizon Series. The $13,695 package boosts the vehicle's price to $57,350.
Other full packages through the Ford Custom Garage start at thousands of dollars and can run up to $16,000 to $18,000 for some Mustang performance packages and nearly $27,000 for a special performance version of the F-150 pickup truck.
"It is a growth lever for us. It's been a good business for us. We think it can be significantly bigger, hence the investment," Simpson said.
The efforts come as vehicles have grown increasingly more complex and harder for individual owners or non-automaker certified stores to work on in the aftermarket.
CEO Jim Farley came under fire last month after President Donald Trump said Ford and crosstown rival General Motors were supporting legislation to make it harder to keep owners from working on their own vehicles.
Farley later clarified that he thinks customers shouldn't work on cars under warranty since new vehicles require specialty tools. He has touted the automaker's aftermarket business as a major growth opportunity, including by boosting software services in addition to traditional parts and accessories.
Ford has said it is targeting growing its $15 billion high-margin software and physical services revenue — which includes its customization business — by 8% annually through the end of this decade.
"We've never had a Ford showroom as prime for this as we have today," Simpson said. "Bronco, the Mustang, Maverick, the F-Series, this is the most passionate lineup of vehicles that Ford has ever had."
Ford reports 46% of its new vehicle buyers in the U.S. customize their vehicles in some way, with Bronco buyers leading, followed by consumers with Mustang pony cars and pickup trucks.
Simpson declined to disclose exact growth targets for the customization division but said Ford is aiming to increase the number of buyers who opt into those packages as well as the money they're spending on them.
"The more that someone spends on accessories with us, the higher the loyalty is," Simpson said.
The Specialty Equipment Market Association, an auto aftermarket trade association, reports U.S. consumers spent $52.9 billion on vehicle accessories and modifications in 2025.
Unlike when a customer puts parts or accessories onto their vehicle after purchase, Ford is including customizations through its efforts into a new vehicle's warranty. Buyers also have the option to roll the cost of additional parts and packages into their monthly vehicle payments for the purchase or lease of the car, truck or SUV.
"Even with declining sales and unaffordability squeeze, a lot of these accessories, especially the kind of basic, like I want to protect my vehicle, that's margin for the dealer to add in," Simpson said.
Indie nařídila výrobcům nápojů s vysokým obsahem kofeinu přestat používat označení „energy drink“ a dala jim na splnění 90 dní. Regulátor odmítl námitky Pepsi, Red Bull i Monster Beverage.
SummaryCompaniesEnergy drink sales have boomed in India in recent yearsIndian government wants removal of descriptor 'energy drink'Global consumer firms lobby, but New Delhi unmoved, sources sayBeverage group calls for 'risk-based enforcement approach'NEW DELHI, July 27 (Reuters) - India has ordered makers of high-caffeine beverages sold as "energy drinks" to stop using that description, rejecting efforts to stall the regulatory intervention in a fast-growing market expected to be worth $1.6 billion by 2028, according to documents and sources.
India's food safety regulator said on social media in early July it had issued notices to companies saying there were no Indian standards for such products and claims that a beverage "vitalizes body and mind" or can "aid in general weakness" were misleading. It gave no further details.
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In private, the message from the Food Safety and Standards Authority of India (FSSAI) was even tougher: Pepsi (PEP.O), opens new tab, Red Bull, Monster Beverage (MNST.O), opens new tab, billionaire Mukesh Ambani's Reliance (RELI.NS), opens new tab and Hell Energy must drop "energy drink" — or any similar descriptor, according to confidential documents and people familiar with the matter.
The move has triggered a standoff with companies, who fear removing the category label could damage brands built around instant-energy claims and disrupt sales.
At a closed-door meeting with senior industry executives on Friday, FSSAI Chief Executive Rajit Punhani rejected arguments over the business impact, saying companies were free to challenge the decision in court, two people familiar with the discussion said.
FSSAI and Punhani did not respond to Reuters queries. Pepsi declined to comment, while the other companies did not respond. Reuters is first to report the lobbying efforts and India's decision.
An Indian government source said the industry agreed to comply with the labelling change after the Friday discussion, and the FSSAI has given them 90 days to comply.
Energy drinks have sparked health concerns among some regulators globally who worry they contain high caffeine, sugar and taurine, an amino acid. High-caffeine energy drinks will be banned for under-16s in England from April next year, and some regions in Pakistan mandate they be called "stimulant drinks".
INDUSTRY WOES, 'ELECTRIFYING ENERGY' ADSThe energy drinks business is built on instant-energy marketing.
Red Bull's "Gives You Wiiings" slogan is globally famous, while Pepsi promotes its Sting energy drink in Indian ads that show it sends lightning through one's body, giving "electrifying energy".
The Indian Beverage Association, which represents major companies, said it was committed to complying with regulations and engaging constructively with regulators on science-based policy.
But in a confidential July 6 letter to FSSAI, it said public disclosure of preliminary notices could damage reputations, disrupt operations and confuse consumers. It urged a "risk-based enforcement approach".
"Regular stakeholder consultations before implementing significant interpretational changes would facilitate smoother compliance, reduce litigation," the association said, adding a "predictable, consultative and transparent" framework was essential.
'I AM ADDICTED'India's energy-drinks market boomed after Pepsi launched Sting in 2017. Its 20-rupee ($0.21) plastic bottles proved popular among 15- to 19-year-olds and in rural areas, helping make it a market leader, Euromonitor says.
Retail sales are projected to reach $1.6 billion by 2028, growing 12.6% annually, faster than in the United States and China. Volumes rose nearly 100% annually between 2018 and 2023, Euromonitor says.
"Every time when we feel hungry or go out for a smoke, I buy one drink. It fills my stomach and it gives me strength to work," said Sunny Rajvansi, 24, a bike mechanic in Uttar Pradesh state, who consumes Sting and Reliance's Campa Energy.
"I feel I am addicted to them."
This month, India's Rajasthan state has seized thousands of Sting, Campa Energy and Red Bull as part of its enforcement drive, the government's social media posts show.
On July 8, the state also told e-commerce companies including Amazon (AMZN.O), opens new tab, Walmart's Flipkart, Eternal's (ETEA.NS), opens new tab Blinkit and Swiggy (SWIG.NS), opens new tab Instamart to ensure no product was promoted as an "energy drink", a letter showed.
The e-commerce companies did not respond to Reuters queries.
Reporting by Aditya Kalra; Editing by Saad Sayeed
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Aditya Kalra is the Company News Editor for Reuters in India, overseeing business coverage and reporting stories on some of the world's biggest companies. He joined Reuters in 2008 and has in recent years written stories on challenges and strategies of a wide array of companies -- from Amazon, Google and Walmart to Xiaomi, Starbucks and Reliance. He also extensively works on deeply-reported and investigative business stories.
Gabelli Funds LLC ve 1. čtvrtletí snížila podíl ve společnosti Pfizer o 11,8 % a prodala 67 900 akcií. Po transakci držela 508 600 akcií v hodnotě 14,281 milionu USD.
Gabelli Funds LLC decreased its stake in shares of Pfizer Inc. (NYSE:PFE – Free Report) by 11.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 508,600 shares of the biopharmaceutical company’s stock after selling 67,900 shares during the period. Gabelli Funds LLC’s holdings in Pfizer were worth $14,281,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Vermillion Wealth Management Inc. raised its position in shares of Pfizer by 19.4% in the 1st quarter. Vermillion Wealth Management Inc. now owns 2,352 shares of the biopharmaceutical company’s stock worth $66,000 after buying an additional 382 shares during the period. Triad Wealth Partners LLC boosted its holdings in Pfizer by 1.9% in the fourth quarter. Triad Wealth Partners LLC now owns 20,466 shares of the biopharmaceutical company’s stock valued at $510,000 after acquiring an additional 386 shares during the last quarter. Eagle Capital Management LLC grew its position in Pfizer by 0.3% during the first quarter. Eagle Capital Management LLC now owns 126,573 shares of the biopharmaceutical company’s stock valued at $3,554,000 after acquiring an additional 390 shares during the period. ETF Store Inc. grew its position in Pfizer by 3.8% during the fourth quarter. ETF Store Inc. now owns 10,913 shares of the biopharmaceutical company’s stock valued at $272,000 after acquiring an additional 396 shares during the period. Finally, Delta Financial Advisors LLC increased its stake in Pfizer by 1.6% during the first quarter. Delta Financial Advisors LLC now owns 25,266 shares of the biopharmaceutical company’s stock worth $709,000 after acquiring an additional 398 shares during the last quarter. Hedge funds and other institutional investors own 68.36% of the company’s stock.
Analyst Upgrades and Downgrades A number of equities analysts have recently commented on the company. Guggenheim cut their price objective on Pfizer from $36.00 to $35.00 and set a “buy” rating on the stock in a report on Monday, July 13th. UBS Group reiterated a “neutral” rating and set a $27.00 target price on shares of Pfizer in a report on Wednesday, May 27th. Citigroup increased their target price on shares of Pfizer from $26.00 to $27.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Royal Bank Of Canada upgraded shares of Pfizer from an “underperform” rating to a “sector perform” rating and set a $25.00 price target on the stock in a report on Tuesday, June 9th. Finally, Wolfe Research reaffirmed an “underperform” rating and set a $26.00 price target on shares of Pfizer in a research report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $28.50.
Get Our Latest Stock Analysis on Pfizer
Pfizer News Summary Here are the key news stories impacting Pfizer this week:
Positive Sentiment: Pfizer announced that PF-08057418 cleared a Phase 1 safety milestone, which helps reinforce confidence in the company’s research pipeline and early-stage development prospects. Article: Pfizer’s PF-08057418 Clears Phase 1 Safety Milestone, Offering a Quiet Boost to Pipeline Confidence Positive Sentiment: Pfizer is advancing PF-08653945 into an early-stage obesity trial, giving investors another potential growth driver in a large and competitive therapeutic market. Article: Pfizer Advances New Obesity Shot With Early Stage Trial of PF-08653945 Positive Sentiment: The FDA granted Priority Review to Pfizer’s Talzenna plus Xtandi regimen for metastatic prostate cancer, which improves the odds of a faster regulatory decision and supports oncology revenue upside if approved. Article: FDA Grants Priority Review for Pfizer’s TALZENNA Plus XTANDI for the Treatment of Metastatic Prostate Cancer Neutral Sentiment: Unusual call option activity suggests traders are positioning for a move in Pfizer shares, but it does not by itself confirm a fundamental change in the company’s outlook. Neutral Sentiment: Recent commentary on Pfizer’s dividend yield and oncology valuation highlights that investors are still weighing income appeal against execution and growth concerns. Negative Sentiment: Expanded patent litigation tied to Pfizer’s mRNA vaccine business remains a potential overhang, adding legal and operational uncertainty that could pressure sentiment if the dispute escalates. Article: Pfizer (PFE) Faces Expanded Vaccine Lawsuits On A Fair Value Narrative That Still Sees Upside Pfizer Trading Down 0.1% NYSE:PFE opened at $24.52 on Monday. The business’s 50-day moving average is $25.11 and its two-hundred day moving average is $26.17. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.25 and a quick ratio of 0.94. Pfizer Inc. has a 12 month low of $23.11 and a 12 month high of $28.75. The firm has a market capitalization of $139.78 billion, a PE ratio of 18.72 and a beta of 0.35.
Pfizer (NYSE:PFE – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The biopharmaceutical company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.03. Pfizer had a return on equity of 19.44% and a net margin of 11.83%.The company had revenue of $14.45 billion for the quarter, compared to analysts’ expectations of $13.84 billion. During the same quarter in the previous year, the firm posted $0.92 earnings per share. The firm’s quarterly revenue was up 5.4% on a year-over-year basis. Pfizer has set its FY 2026 guidance at 2.800-3.000 EPS. Research analysts predict that Pfizer Inc. will post 2.96 earnings per share for the current fiscal year.
Pfizer Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, July 24th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date is Friday, July 24th. Pfizer’s dividend payout ratio is currently 131.30%.
Pfizer Company Profile (Free Report)
Pfizer Inc (NYSE: PFE) is a multinational biopharmaceutical company headquartered in New York City. Founded in 1849 by Charles Pfizer and Charles Erhart, the company researches, develops, manufactures and commercializes a broad range of medicines and vaccines for human health. Its activities span discovery research, clinical development, regulatory affairs, manufacturing and global commercial distribution across multiple therapeutic areas.
Pfizer’s portfolio and pipeline cover oncology, immunology, cardiology, endocrinology, rare diseases, hospital acute care and anti-infectives, along with a substantial vaccine business.
Further Reading Five stocks we like better than Pfizer RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding PFE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pfizer Inc. (NYSE:PFE – Free Report).
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Compound Planning Inc. acquired a new position in shares of Chord Energy Corporation (NASDAQ:CHRD – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,437 shares of the company’s stock, valued at approximately $915,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bessemer Group Inc. boosted its position in shares of Chord Energy by 63.8% during the first quarter. Bessemer Group Inc. now owns 190 shares of the company’s stock valued at $27,000 after buying an additional 74 shares during the last quarter. Blue Trust Inc. raised its position in Chord Energy by 22.2% in the 1st quarter. Blue Trust Inc. now owns 463 shares of the company’s stock valued at $66,000 after buying an additional 84 shares during the last quarter. SBI Securities Co. Ltd. lifted its stake in Chord Energy by 16.5% during the 4th quarter. SBI Securities Co. Ltd. now owns 797 shares of the company’s stock valued at $74,000 after acquiring an additional 113 shares in the last quarter. WealthCollab LLC lifted its stake in Chord Energy by 90.6% during the 2nd quarter. WealthCollab LLC now owns 305 shares of the company’s stock valued at $30,000 after acquiring an additional 145 shares in the last quarter. Finally, Root Financial Partners LLC boosted its holdings in Chord Energy by 178.6% during the 1st quarter. Root Financial Partners LLC now owns 234 shares of the company’s stock worth $33,000 after acquiring an additional 150 shares during the last quarter. 97.76% of the stock is owned by institutional investors.
Chord Energy Stock Performance Shares of CHRD stock opened at $138.36 on Monday. The firm has a market cap of $7.79 billion, a price-to-earnings ratio of -122.44 and a beta of 0.49. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.96 and a current ratio of 1.02. Chord Energy Corporation has a 52 week low of $84.25 and a 52 week high of $151.95. The firm’s 50-day simple moving average is $129.37 and its two-hundred day simple moving average is $122.57.
Chord Energy (NASDAQ:CHRD – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $4.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.51 by $1.05. The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.21 billion. Chord Energy had a negative net margin of 1.25% and a positive return on equity of 7.06%. Chord Energy’s quarterly revenue was up 37.1% compared to the same quarter last year. During the same quarter last year, the business posted $4.04 EPS. As a group, equities analysts forecast that Chord Energy Corporation will post 18.32 earnings per share for the current year.
Chord Energy Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Wednesday, May 20th were paid a dividend of $1.30 per share. The ex-dividend date was Wednesday, May 20th. This represents a $5.20 annualized dividend and a dividend yield of 3.8%. Chord Energy’s dividend payout ratio is presently -460.18%.
Insider Buying and Selling at Chord Energy In other Chord Energy news, Director Douglas E. Brooks sold 3,500 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $136.71, for a total transaction of $478,485.00. Following the sale, the director directly owned 20,205 shares of the company’s stock, valued at $2,762,225.55. This represents a 14.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Darrin J. Henke sold 1,276 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $145.97, for a total transaction of $186,257.72. Following the transaction, the chief operating officer owned 21,157 shares of the company’s stock, valued at $3,088,287.29. This represents a 5.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,276 shares of company stock valued at $1,285,968 in the last quarter. 0.79% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades Several brokerages have recently commented on CHRD. Wells Fargo & Company increased their target price on shares of Chord Energy from $136.00 to $175.00 and gave the company an “overweight” rating in a report on Wednesday, April 8th. Mizuho boosted their price target on shares of Chord Energy from $164.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, May 27th. Citigroup reduced their price objective on shares of Chord Energy from $155.00 to $130.00 and set a “neutral” rating for the company in a research report on Friday, July 10th. Morgan Stanley decreased their price objective on shares of Chord Energy from $175.00 to $169.00 and set an “overweight” rating for the company in a research note on Monday, June 29th. Finally, Williams Trading set a $189.00 target price on shares of Chord Energy in a research report on Monday, April 20th. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $152.38.
Read Our Latest Stock Analysis on Chord Energy
Chord Energy Profile (Free Report)
Chord Energy Corporation (NASDAQ: CHRD), formerly known as Oasis Petroleum Inc, is an independent exploration and production company focused on the acquisition, development and production of crude oil, natural gas and natural gas liquids. Headquartered in Houston, Texas, Chord Energy emerged from financial restructuring in early 2021 and rebranded in October 2022 to reflect its renewed strategic vision.
The company’s core operations are concentrated in two prolific U.S. resource plays: the Williston Basin across North Dakota and Montana, and the Delaware Basin spanning parts of West Texas and southeastern New Mexico.
Featured Stories Five stocks we like better than Chord Energy RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
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GT Resources získala pro projekt Canalask Copper-Nickel v Yukonu 10leté průzkumné povolení Class III. To umožní rozsáhlejší práce včetně výstavby nových tras pro další vrty.
Toronto, Ontario--(Newsfile Corp. - July 27, 2026) - GT Resources Inc. (TSXV: GT) (OTCQB: CGTRF) (FSE: 7N1) the ("Company" or "GT") is pleased to announce it has received a Class III Exploration Permit, which is valid for 10-years, for the road accessible Canalask Copper - Nickel Project in the Yukon (the "Property" or "Canalask") (Figure 1).
In 2024, the Company undertook a drill program at Canalask which returned 1.95% nickel, 0.05% copper, 0.03% cobalt 0.19 g/t gold, and 0.44 g/t palladium over 33.5 meters near surface in Hole CSK24-05 in the Footwall Zone (see news release: November 4, 2024). This drill program was undertaken via a Class I Exploration Permit which restricted activities and access. This new Class III Exploration Permit is valid for 10 years and expands activities that can be undertaken, crucially allowing for the construction of new trails that will provide access for additional drilling. GT applied for this permit in January 2023 and would like to thank all those who have worked diligently with the Company to bring it to fruition.
The Canalask Project is located in the Whitehorse Mining District, approximately 320 km west of Whitehorse and is road accessible from the Alaska Highway near Beaver Creek, Yukon. The Property hosts the "White River Intrusive Complex" ("WRIC") which in turn forms part of the Kluane Mafic-Ultramafic Belt which includes nickel - copper deposits such as Nickel Shaw, owned by Nickel Creek Platinum and which hosts a NI 43-101 measured and indicated resource of 323 million tonnes grading 0.26% nickel and 0.15% copper (see Nickle Creek Platinum's 2023 NI 43-101 Technical Report).
Exploration Targets
The WRIC is a favourable setting for magmatic copper & nickel sulphide mineralization and is considered a "feeder system" with a high volume of magma flow. Due to the abundance of magmatic Ni-Cu-PGE showings at the base of the WRIC and the discovery of the nickel-rich Canalask footwall deposit, the project hosts strong potential for both "magmatic feeder-type" basal deposits and "epigenetic footwall-type" footwall deposits. The geological setting draws comparison to the world-class Norilsk Ni-Cu-PGE camp.
The Project also possesses copper-gold skarn-style mineralization with drill intersection of up to 2.4% Cu and 3.1 g/t Au over 1.0 meter in hole CSK24-05 (see news release December 10, 2024).
1. see Historical Resource Estimate disclaimer below
Figure 1. Location map of Canalask project, 2024 drill program (yellow dots), background is total field magnetics.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/306588_c31f452ce4577a20_001full.jpg
Readers are cautioned that the Company has not attempted to verify historic mineral resource estimates and therefore readers should not place any reliance on any historical estimate. A qualified person has not done sufficient work to classify a historical estimate as a current mineral resource, additionally, a qualified person has not yet determined what work needs to be done to upgrade or verify the historical estimate as a current mineral resources or mineral reserves. The Company is not treating the historical estimate as a current mineral resources.
The Historical Resource Estimate on the Main Zone (also referred to as the Footwall Zone) of the Canalask Project is quoted at 400,000 tonnes at 1.35% nickel (copper was not reported) by Discovery Mines Ltd. in 1968 (Yukon Assessment Report 094599). The parameters, methodology and categorise used are not known, and thus the reliability of the estimate cannot be determined, however, it is still considered relevant as underground development and diamond drilling in the 1950 & 1960s supported the estimate and provides a guide for future exploration.
Qualified PersonThe technical information in this release has been reviewed and approved by Neil Pettigrew, M.Sc., P.Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101.
About GT Resources
GT Resources Inc. (TSXV: GT) (OTCQB: CGTRF) (FSE: 7N1) is a mineral exploration company focused on the discovery and de-risking of district-scale assets in top tier mining jurisdictions. The Company's strategy is driven by a disciplined, science-based methodology designed to create shareholder value by advancing high-potential properties toward production within robust regulatory frameworks.
In Finland, the Company is advancing its flagship Läntinen Koillismaa ("LK") Project, which hosts significant mineral resources including palladium, platinum, gold, copper, and nickel. In Canada, GT maintains a portfolio of earlier-stage, pre-resource projects targeting critical and precious metals. The quality and scale of the Company's project portfolio has attracted strategic investment from Glencore plc, one of the world's largest diversified natural resource companies.
Follow GT Resources on LinkedIn, Twitter, and at https://gtresourcesinc.com/.
ON BEHALF OF THE BOARD
"Derrick Weyrauch"
President & CEO, Director
For further information contact:
Derrick Weyrauch, President & CEO or Neil Pettigrew, Vice President Exploration
Email: [email protected]
Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release is not an offer or a solicitation of an offer of securities for sale in the United States of America. The common shares of GT Resources Inc. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.
Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in mineral and commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and the impact of governmental entities. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306588
Source: GT Resources Inc.
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Bank of Nova Scotia v 1. čtvrtletí zvýšila podíl ve společnosti Globe Life o 19,2 % na 74 287 akcií. Firma zároveň vykázala zisk na akcii 3,61 USD, což bylo pod odhadem 3,67 USD.
Bank of Nova Scotia boosted its holdings in Globe Life Inc. (NYSE:GL – Free Report) by 19.2% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 74,287 shares of the company’s stock after buying an additional 11,970 shares during the period. Bank of Nova Scotia owned approximately 0.10% of Globe Life worth $10,339,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. CYBER HORNET ETFs LLC purchased a new position in Globe Life in the second quarter valued at about $28,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Globe Life in the fourth quarter worth about $30,000. MUFG Securities EMEA plc purchased a new stake in shares of Globe Life in the second quarter worth about $31,000. Torren Management LLC acquired a new stake in shares of Globe Life in the fourth quarter valued at about $37,000. Finally, AdvisorNet Financial Inc grew its stake in shares of Globe Life by 41.1% in the first quarter. AdvisorNet Financial Inc now owns 316 shares of the company’s stock valued at $44,000 after buying an additional 92 shares in the last quarter. 81.61% of the stock is owned by institutional investors and hedge funds.
Globe Life Price Performance Shares of NYSE GL opened at $173.64 on Monday. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $13.48 billion, a price-to-earnings ratio of 11.53 and a beta of 0.47. Globe Life Inc. has a twelve month low of $127.85 and a twelve month high of $191.55. The business has a 50 day simple moving average of $169.07 and a 200-day simple moving average of $152.99.
Globe Life (NYSE:GL – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $3.61 EPS for the quarter, missing analysts’ consensus estimates of $3.67 by ($0.06). Globe Life had a return on equity of 20.73% and a net margin of 19.58%.The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same period in the prior year, the firm earned $3.05 EPS. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. Globe Life has set its FY 2026 guidance at 15.550-15.950 EPS. As a group, equities research analysts expect that Globe Life Inc. will post 15.7 earnings per share for the current year.
Globe Life Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be given a $0.33 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.32 annualized dividend and a yield of 0.8%. Globe Life’s dividend payout ratio (DPR) is currently 8.76%.
Key Stories Impacting Globe Life Here are the key news stories impacting Globe Life this week:
Positive Sentiment: Keefe, Bruyette & Woods trimmed its price target only modestly to $190 from $192 and kept an outperform rating, implying roughly 9% upside from recent levels. Benzinga article Positive Sentiment: TD Cowen also reiterated a bullish view, forecasting strong price appreciation for Globe Life (GL). American Banking News article Positive Sentiment: Management raised its 2026 net operating EPS guidance to $15.55-$15.95 and lifted share repurchases to $670 million-$700 million, signaling confidence in future earnings and capital returns. Seeking Alpha article Neutral Sentiment: Globe Life’s Q2 revenue came in roughly in line with expectations, and underwriting income remained strong, showing the core business is still performing acceptably despite some headwinds. Reuters article Negative Sentiment: Q2 earnings of $3.61 per share missed the consensus estimate of $3.67, and several reports pointed to softer sales and rising expenses as reasons for investor concern. MSN article Wall Street Analyst Weigh In GL has been the topic of several recent research reports. Keefe, Bruyette & Woods reduced their price target on Globe Life from $192.00 to $190.00 and set an “outperform” rating on the stock in a research report on Friday. Weiss Ratings downgraded shares of Globe Life from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, July 20th. Morgan Stanley lifted their price objective on shares of Globe Life from $181.00 to $208.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Truist Financial boosted their target price on shares of Globe Life from $180.00 to $185.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. upped their target price on shares of Globe Life from $181.00 to $201.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $187.40.
View Our Latest Stock Report on GL
Insiders Place Their Bets In other news, CEO James Matthew Darden sold 4,663 shares of the firm’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $153.88, for a total transaction of $717,542.44. Following the transaction, the chief executive officer directly owned 58,451 shares of the company’s stock, valued at approximately $8,994,439.88. This trade represents a 7.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Frank M. Svoboda sold 20,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $156.68, for a total value of $3,133,600.00. Following the transaction, the chief executive officer directly owned 54,020 shares of the company’s stock, valued at $8,463,853.60. This represents a 27.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 90,187 shares of company stock worth $14,299,874. 2.11% of the stock is owned by company insiders.
Globe Life Profile (Free Report)
Globe Life, traded on the NYSE under the symbol GL, is a U.S.-based insurance holding company that underwrites and distributes a range of life and supplemental health insurance products. Through its subsidiary brands—Globe Life, American Income Life, Liberty National Life, United American Insurance Company and Family Heritage Life—it offers term life, whole life, fixed annuities and supplemental health coverage designed to meet the needs of individuals and families across various socioeconomic segments.
The company’s product suite includes low-cost, easy-to-understand life insurance policies, accidental death and dismemberment coverage, hospital indemnity plans and specified disease insurance.
Read More Five stocks we like better than Globe Life RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding GL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Globe Life Inc. (NYSE:GL – Free Report).
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MercadoLibre investuje do logistiky a v 1. čtvrtletí zvýšil počet aktivních kupujících o 26 %, GMV o 36 % a prodané kusy o 47 % meziročně. Zisková marže ale klesla z 8,3 % na 4,7 %.
MercadoLibre (MELI +0.16%) stock has fallen by 31% from its previous peak as Wall Street focuses on near-term margin pressure and intensifying competition. Yet the business continues to expand rapidly in Latin America's e-commerce market, potentially setting the stage for market-beating returns in the next five years.
Its lower margins are not a result of competition, but rather of its higher near-term spending on infrastructure to support growth. This makes the stock a compelling buy for patient investors.
Image source: The Motley Fool.
Building a competitive moat Similar to Amazon in the U.S., MercadoLibre has a structural advantage in Latin America's e-commerce market. It continues to invest in logistics infrastructure to build the most efficient delivery network in one of the world's fastest-growing e-commerce markets.
The growth it continues to report shows a huge opportunity ahead. The number of unique active buyers grew 26% year over year in the first quarter. Gross merchandise volume increased by 36%, with the number of items sold rising by 47%. It does face increasing competition from Asian e-commerce companies like Temu and Shopee, but these numbers show that MercadoLibre's investments to expand free shipping offers and other services are protecting its competitive position.
Investments in its delivery network are driving faster delivery and lowering costs. Unit shipping costs declined 17% year over year in local currency, despite a sharp increase in order volumes. MercadoLibre is benefiting from higher purchase frequency and greater scale and productivity, which points to healthy margins in the long run.
Today's Change
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0.16
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2.85
Current Price
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1,801.55
Growth potential and returns E-commerce is only half the story. MercadoLibre is also a major player in fintech, where its massive volume of marketplace data gives it the ability to make more accurate estimations in its credit underwriting. It has issued 2.7 million credit cards, effectively turning marketplace-only users into financial services customers and creating a powerful growth flywheel.
The stock's latest sell-off reflected the company's sliding profit margin, which fell from 8.3% a year ago to 4.7% in the first quarter. However, the long-term growth opportunity is still quite large. Latin America's retail e-commerce growth was about 1.5 times the global average in 2025, according to eMarketer. E-commerce penetration in Argentina, Brazil, Colombia, Mexico, and Uruguay is less than 10%, suggesting that MercadoLibre can continue to grow for many years.
Despite the opportunity ahead of the company, the stock is trading at its lowest sales- and earnings-based multiples in several years. Analysts expect earnings to grow at an annualized rate of 29% in the coming years. At that rate, MercadoLibre stock could reasonably double in value in five years and potentially outperform the broader market.
Blue Chip Partners LLC trimmed its holdings in shares of Morgan Stanley (NYSE:MS – Free Report) by 5.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,464 shares of the financial services provider’s stock after selling 5,334 shares during the period. Blue Chip Partners LLC’s holdings in Morgan Stanley were worth $16,040,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Brighton Jones LLC raised its position in shares of Morgan Stanley by 10.2% during the 4th quarter. Brighton Jones LLC now owns 12,782 shares of the financial services provider’s stock worth $1,607,000 after purchasing an additional 1,185 shares during the period. Main Street Financial Solutions LLC increased its stake in Morgan Stanley by 69.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 8,964 shares of the financial services provider’s stock valued at $1,263,000 after buying an additional 3,661 shares during the period. Diversify Advisory Services LLC increased its stake in shares of Morgan Stanley by 90.9% during the second quarter. Diversify Advisory Services LLC now owns 16,148 shares of the financial services provider’s stock valued at $2,378,000 after acquiring an additional 7,688 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its position in shares of Morgan Stanley by 6.3% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 263,575 shares of the financial services provider’s stock valued at $37,127,000 after purchasing an additional 15,623 shares during the period. Finally, Jupiter Wealth Management LLC lifted its holdings in Morgan Stanley by 7.8% in the 2nd quarter. Jupiter Wealth Management LLC now owns 52,825 shares of the financial services provider’s stock valued at $7,805,000 after acquiring an additional 3,807 shares during the last quarter. 84.19% of the stock is currently owned by hedge funds and other institutional investors.
Morgan Stanley Stock Down 0.2% Shares of Morgan Stanley stock opened at $214.11 on Monday. Morgan Stanley has a 12 month low of $136.17 and a 12 month high of $232.25. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 3.52. The stock has a market cap of $337.71 billion, a PE ratio of 17.31, a price-to-earnings-growth ratio of 1.53 and a beta of 1.23. The business has a fifty day simple moving average of $213.93 and a 200 day simple moving average of $189.99.
Morgan Stanley (NYSE:MS – Get Free Report) last posted its quarterly earnings data on Wednesday, July 15th. The financial services provider reported $3.46 EPS for the quarter, beating the consensus estimate of $2.89 by $0.57. Morgan Stanley had a net margin of 15.65% and a return on equity of 19.51%. The business had revenue of $21.35 billion for the quarter, compared to analysts’ expectations of $19.67 billion. During the same period in the previous year, the firm posted $2.13 EPS. The firm’s revenue was up 27.1% compared to the same quarter last year. Research analysts predict that Morgan Stanley will post 12.68 EPS for the current year.
Morgan Stanley announced that its board has authorized a share buyback plan on Wednesday, June 24th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the financial services provider to repurchase up to 5.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its stock is undervalued.
Morgan Stanley Increases Dividend The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be issued a dividend of $1.15 per share. This is an increase from Morgan Stanley’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend is Friday, July 31st. This represents a $4.60 annualized dividend and a dividend yield of 2.1%. Morgan Stanley’s payout ratio is currently 32.34%.
Analyst Ratings Changes A number of research firms recently commented on MS. Daiwa Securities Group raised their price objective on shares of Morgan Stanley from $175.00 to $198.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. CICC Research increased their target price on shares of Morgan Stanley from $175.00 to $200.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 19th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $243.00 target price on shares of Morgan Stanley in a research note on Monday, July 20th. BMO Capital Markets upped their price target on Morgan Stanley from $240.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Finally, HSBC upped their price target on Morgan Stanley from $190.00 to $215.00 and gave the company a “hold” rating in a report on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $224.50.
View Our Latest Stock Report on MS
More Morgan Stanley News Here are the key news stories impacting Morgan Stanley this week:
Positive Sentiment: Morgan Stanley’s recent earnings results were strong, with the firm beating estimates on both EPS and revenue and posting robust year-over-year growth, which supports the stock’s longer-term fundamental case. Positive Sentiment: The company continues to receive constructive Wall Street commentary, including a “Moderate Buy” consensus and recent bullish analyst coverage tied to its earnings power and capital markets franchise. Positive Sentiment: Recent headlines also pointed to Morgan Stanley’s wealth management unit attracting new assets tied to SpaceX IPO interest, which reinforces the strength of its wealth and investment management businesses. Neutral Sentiment: Several unrelated market stories involving Morgan Stanley analyst calls on other stocks, plus broader AI/capex and earnings-driven volatility across large-cap tech and financials, may be influencing sentiment around MS indirectly. Morgan Stanley Profile (Free Report)
Morgan Stanley (NYSE: MS) is a global financial services firm headquartered in New York City. Founded in 1935 by Henry S. Morgan and Harold Stanley, the company provides a broad range of investment banking, securities, wealth management and investment management services to corporations, governments, institutions and individual investors. Leadership has been guided by a senior executive team and board of directors; James P. Gorman has served as the company’s chief executive and chairman in recent years.
The firm’s primary business activities are organized around three principal businesses: Institutional Securities, Wealth Management and Investment Management.
Read More Five stocks we like better than Morgan Stanley RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
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Bittensor zavedl nové aktualizace, které odměňují delší uzamčení TAO a snižují vstupní náklady minerů. Podle textu by to mohlo podpořit poptávku a pomoci TAO prorazit rezistenci 205–220 USD.
Bittensor [TAO] is approaching a decisive moment as weeks of selling pressure begin to lose momentum. Since peaking near $292.2 in late June, the token has steadily retreated. However, each successive decline has become less aggressive.
That slowdown has formed a falling wedge, a pattern that often reflects weakening bearish conviction rather than fresh selling pressure. Consequently, at press time, TAO traded around $198.3, as it nears the pattern’s apex near the critical $182.5 support.
Buyers have defended that level several times since January, making it the foundation of the current structure. Meanwhile, the failure to reclaim $244.7 has kept the overall trend biased towards the sellers, as that previous support has turned into solid resistance.
Source: TAO/USDT on TradingView Additionally, momentum indicators show the bearish trend is waning. At the time of writing, the RSI has rebounded to 45.23 but still hasn’t reached the price’s recent lows. This shift indicates a reduction in selling momentum below the surface.
Notably, the MACD reinforces this view. While both lines of the MACD continued to converge on the zero line, the histogram has made a slight positive turn. Despite that, volume remains very light compared to what was seen during the sharp sell-off that occurred in mid-July.
That lack of follow-through suggests sellers are no longer entering with the same conviction. Therefore, a breakout above the wedge and a reclaim of $244.7 would likely confirm a bullish reversal and expose $292.2.
Yet, losing $182.5 would invalidate the setup and shift momentum back toward the February low near $150.
Do the latest upgrades support TAO’s recovery? While the technical setup suggests selling pressure is fading, Bittensor’s latest upgrades strengthen the network’s long-term foundation. Previously, subnet owners could secure their position with a one-time commitment, making it harder for new participants to compete.
Source: Bittensor.com The new conviction mechanism changes that by rewarding users who keep their TAO locked over longer periods. It also allows committed challengers to replace inactive subnet owners after a year.
As a result, operators must continue contributing instead of relying on an early advantage. Meanwhile, Spec 437 reduces miners’ upfront costs by locking part of the registration fee instead of burning it completely.
Miners can recover those locked tokens only by remaining active and earning rewards. This approach encourages continuous participation but deters spam and short-term speculation.
All in all, if these upgrades increase demand, it could be enough to provide the demand needed to break above the resistance zone of $205-$220.
Gabelli Funds LLC boosted its position in shares of The Charles Schwab Corporation (NYSE:SCHW – Free Report) by 184.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 133,437 shares of the financial services provider’s stock after buying an additional 86,557 shares during the period. Gabelli Funds LLC’s holdings in Charles Schwab were worth $12,540,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHW. State Street Corp increased its holdings in shares of Charles Schwab by 1.0% in the 3rd quarter. State Street Corp now owns 73,156,290 shares of the financial services provider’s stock valued at $6,984,231,000 after acquiring an additional 691,671 shares during the period. Geode Capital Management LLC grew its position in Charles Schwab by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 37,667,640 shares of the financial services provider’s stock worth $3,747,646,000 after purchasing an additional 98,242 shares during the last quarter. Franklin Resources Inc. grew its position in Charles Schwab by 0.3% during the 4th quarter. Franklin Resources Inc. now owns 30,184,369 shares of the financial services provider’s stock worth $3,015,720,000 after purchasing an additional 78,020 shares during the last quarter. Primecap Management Co. CA increased its stake in Charles Schwab by 9.7% in the fourth quarter. Primecap Management Co. CA now owns 23,276,071 shares of the financial services provider’s stock valued at $2,325,512,000 after purchasing an additional 2,066,884 shares during the period. Finally, Fisher Asset Management LLC increased its stake in Charles Schwab by 0.8% in the fourth quarter. Fisher Asset Management LLC now owns 21,818,514 shares of the financial services provider’s stock valued at $2,179,888,000 after purchasing an additional 171,926 shares during the period. Hedge funds and other institutional investors own 84.38% of the company’s stock.
Wall Street Analysts Forecast Growth SCHW has been the subject of a number of research reports. Wolfe Research reaffirmed an “outperform” rating and issued a $127.00 target price on shares of Charles Schwab in a report on Tuesday, July 21st. Jefferies Financial Group dropped their price target on Charles Schwab from $122.00 to $118.00 and set a “buy” rating on the stock in a research report on Monday, April 6th. Barclays upped their price objective on Charles Schwab from $122.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Citigroup reaffirmed a “market outperform” rating on shares of Charles Schwab in a research report on Wednesday. Finally, Piper Sandler set a $118.00 target price on Charles Schwab in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $119.76.
Read Our Latest Stock Analysis on SCHW
Insider Activity at Charles Schwab In other news, Director Frank C. Herringer sold 2,520 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $90.60, for a total value of $228,312.00. Following the completion of the sale, the director directly owned 177,508 shares of the company’s stock, valued at $16,082,224.80. This trade represents a 1.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jonathan S. Beatty sold 2,000 shares of Charles Schwab stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $100.01, for a total value of $200,020.00. Following the completion of the sale, the insider owned 13,738 shares in the company, valued at approximately $1,373,937.38. This trade represents a 12.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 6,520 shares of company stock worth $622,392 in the last quarter. 6.30% of the stock is currently owned by insiders.
More Charles Schwab News Here are the key news stories impacting Charles Schwab this week:
Positive Sentiment: Schwab announced a quarterly common stock dividend of $0.32 per share, along with preferred stock dividends, reinforcing its capital-return story for income-focused investors. Schwab Declares Quarterly Common Stock Dividend and Declares Preferred Stock Dividends Positive Sentiment: Argus raised its price target on SCHW to $114 from $108 and kept a buy rating, signaling confidence in further upside. Argus raises Charles Schwab price target Positive Sentiment: Schwab was added to Zacks’ “Best Income Stocks to Buy” list, suggesting investors continue to view the company as an attractive income and quality financial-services name. Best Income Stocks to Buy for July 23rd Positive Sentiment: Recent coverage highlighted Schwab’s “dual beats” in its latest quarter, with earnings and revenue both coming in above expectations, adding to the bullish case after the July 21 report. Charles Schwab: Dual Beats And Attractive Preferreds Neutral Sentiment: Schwab also received media attention for its call for the CLARITY Act to pass, framing crypto regulation as a potential long-term industry catalyst, though the timing remains uncertain. Charles Schwab Calls CLARITY Act a Fundamental Catalyst Charles Schwab Stock Down 0.1% SCHW stock opened at $101.92 on Monday. The stock has a market capitalization of $177.25 billion, a PE ratio of 18.53, a price-to-earnings-growth ratio of 0.83 and a beta of 0.77. The company has a fifty day moving average of $93.93 and a 200-day moving average of $95.33. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.62 and a current ratio of 0.62. The Charles Schwab Corporation has a one year low of $83.96 and a one year high of $107.50.
Charles Schwab (NYSE:SCHW – Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.06. The business had revenue of $7.07 billion for the quarter, compared to analyst estimates of $6.90 billion. Charles Schwab had a net margin of 38.79% and a return on equity of 24.73%. The business’s revenue was up 20.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.14 earnings per share. As a group, analysts expect that The Charles Schwab Corporation will post 6.43 EPS for the current year.
Charles Schwab Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 14th. Charles Schwab’s payout ratio is currently 23.27%.
Charles Schwab Profile (Free Report)
Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.
Featured Articles Five stocks we like better than Charles Schwab RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
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Dai-ichi Life Insurance Company Ltd. ve 1. čtvrtletí snížila podíl v Nucor o 36,7 % a prodala 7 200 akcií. Po prodeji držela 12 404 akcií v hodnotě 2,098 milionu USD.
Dai ichi Life Insurance Company Ltd cut its holdings in Nucor Corporation (NYSE:NUE – Free Report) by 36.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,404 shares of the basic materials company’s stock after selling 7,200 shares during the period. Dai ichi Life Insurance Company Ltd’s holdings in Nucor were worth $2,098,000 as of its most recent filing with the SEC.
Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Nucor by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 28,407,540 shares of the basic materials company’s stock worth $4,633,554,000 after purchasing an additional 144,038 shares in the last quarter. Morgan Stanley raised its position in shares of Nucor by 1.1% in the fourth quarter. Morgan Stanley now owns 3,853,205 shares of the basic materials company’s stock valued at $628,497,000 after buying an additional 41,728 shares in the last quarter. Norges Bank acquired a new stake in shares of Nucor in the fourth quarter valued at approximately $609,002,000. Dimensional Fund Advisors LP boosted its stake in shares of Nucor by 0.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,539,044 shares of the basic materials company’s stock valued at $429,298,000 after buying an additional 22,718 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Nucor by 3.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,919,883 shares of the basic materials company’s stock worth $313,152,000 after buying an additional 56,565 shares in the last quarter. 76.48% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth A number of research analysts recently commented on the company. Morgan Stanley boosted their price target on Nucor from $227.00 to $258.00 and gave the company an “equal weight” rating in a research note on Monday, June 22nd. Wall Street Zen upgraded shares of Nucor from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. BNP Paribas Exane increased their price objective on shares of Nucor from $210.00 to $248.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. The Goldman Sachs Group raised their target price on shares of Nucor from $260.00 to $284.00 and gave the company a “buy” rating in a report on Tuesday, June 16th. Finally, Weiss Ratings upgraded shares of Nucor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Twelve research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $266.31.
Get Our Latest Analysis on Nucor
Insider Buying and Selling at Nucor In related news, EVP Allen C. Behr sold 10,096 shares of the company’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $226.08, for a total transaction of $2,282,503.68. Following the sale, the executive vice president owned 62,871 shares in the company, valued at $14,213,875.68. This represents a 13.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael D. Keller sold 4,554 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $225.86, for a total value of $1,028,566.44. Following the transaction, the insider owned 16,834 shares in the company, valued at $3,802,127.24. The trade was a 21.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 82,378 shares of company stock valued at $18,963,930. 0.62% of the stock is owned by corporate insiders.
Nucor Stock Up 0.1% Shares of NYSE NUE opened at $247.81 on Monday. The company has a 50 day simple moving average of $239.91 and a 200 day simple moving average of $204.43. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.90 and a quick ratio of 1.55. Nucor Corporation has a 1 year low of $131.32 and a 1 year high of $270.90. The firm has a market cap of $56.44 billion, a PE ratio of 24.54, a price-to-earnings-growth ratio of 0.57 and a beta of 1.91.
Nucor (NYSE:NUE – Get Free Report) last announced its earnings results on Monday, April 27th. The basic materials company reported $3.23 EPS for the quarter, topping the consensus estimate of $2.82 by $0.41. The firm had revenue of $9.50 billion for the quarter, compared to the consensus estimate of $8.88 billion. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The business’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.77 EPS. On average, research analysts forecast that Nucor Corporation will post 17.53 EPS for the current year.
Nucor Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.56 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.24 dividend on an annualized basis and a yield of 0.9%. Nucor’s dividend payout ratio is 22.18%.
Nucor Profile (Free Report)
Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.
Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.
Featured Stories Five stocks we like better than Nucor RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding NUE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nucor Corporation (NYSE:NUE – Free Report).
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, /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG) today announced it has entered into a definitive agreement to acquire Prince & Izant ("P&I" or "the Company"), a portfolio company of Industrial Growth Partners, for approximately $1.066 billion in cash, including certain tax benefits.
Headquartered in Cleveland, Ohio, Prince & Izant is a leading global designer and manufacturer of highly engineered brazing alloys and specialty metal components used across a range of advanced performance and high cost-of-failure applications. The Company primarily supports the aerospace and defense, aeroderivative turbine, and transportation end markets. Within aerospace and defense, select applications include aircraft engine fuel nozzles and rocket engines. Additionally, but to a lesser degree, the Company also serves the medical and general industrial end markets.
The Company derives the majority of its revenue from the aftermarket and supports a large installed base globally. Prince & Izant's products are highly proprietary in nature and support end customers through the Company's advanced metallurgy, precise chemistry requirements, and deep formulation expertise which are critical to supporting the evolving performance requirements in the markets which it serves.
The Company's products span nearly 10,000 active SKUs, and the majority of P&I's revenue is derived from specialty metals including gold, silver, and platinum alloys.
P&I is expected to generate approximately $360 million in revenue for the calendar year ending December 31, 2026. The Company has manufacturing locations in Cleveland, Ohio; Tinley Park, Illinois; Franksville, Wisconsin; and Bay Shore, New York. Prince & Izant employs approximately 220 people.
Mike Lisman, TransDigm's Chief Executive Officer, stated, "We are excited to have an agreement to acquire Prince & Izant. The Company offers highly engineered, custom, proprietary products and provides excellent service to its customers - attributes that align well with TransDigm's acquisition criteria. Further, we are familiar with the applications and benefits of these products. As with all TransDigm acquisitions, we expect this acquisition to create equity value in-line with our long-term private equity-like return objectives."
The acquisition is subject to regulatory approvals in the United States and customary closing conditions.
About TransDigm Group
TransDigm Group, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, engineered latching and locking devices, engineered rods, engineered connectors and elastomer sealing solutions, databus and power controls, cockpit security components and systems, specialized and advanced cockpit displays, engineered audio, radio and antenna systems, specialized lavatory components, seat belts and safety restraints, engineered and customized interior surfaces and related components, advanced sensor products, switches and relay panels, thermal protection and insulation, lighting and control technology, parachutes, high performance hoists, winches and lifting devices, and cargo loading, handling and delivery systems, specialized flight, wind tunnel and jet engine testing services and equipment, electronic components used in the generation, amplification, transmission and reception of microwave signals, and complex testing and instrumentation solutions.
Forward-Looking Statements
All forward-looking statements involve risks and uncertainties that could cause TransDigm Group's actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, TransDigm Group. These risks and uncertainties include but are not limited to: the sensitivity of our business to the number of flight hours that our customers' planes spend aloft and our customers' profitability, both of which are affected by general economic conditions; supply chain constraints; increases in raw material costs, taxes and labor costs that cannot be recovered in product pricing; failure to complete or successfully integrate acquisitions; our indebtedness; current and future geopolitical or other worldwide events, including, without limitation, wars or conflicts and public health crises; cybersecurity threats; risks related to the transition or physical impacts of climate change and other natural disasters or meeting regulatory requirements; our reliance on certain customers; the United States ("U.S.") defense budget and risks associated with being a government supplier including government audits and investigations; failure to maintain government or industry approvals; risks related to changes in laws and regulations, including increases in compliance costs and potential changes in trade policies and tariffs; potential environmental liabilities; liabilities arising in connection with litigation; risks and costs associated with our international sales and operations; and other factors. Further information regarding the important factors that could cause actual results to differ materially from projected results can be found in TransDigm Group's most recent Annual Report on Form 10-K and other reports that TransDigm Group or its subsidiaries have filed with the Securities and Exchange Commission. Except as required by law, TransDigm Group undertakes no obligation to revise or update the forward-looking statements contained in this press release.
Ondo uvedlo, že sektor tokenizovaných reálných aktiv překročil 1 milion držitelů a onchain hodnota RWA vzrostla na zhruba 36,6 miliardy USD. Firma to označila za průlomový týden pro tokenizaci.
RWA Sector Crosses Key MilestonesOndo $ONDO says the tokenized real-world asset sector recorded a breakout week, with two headline numbers standing out: the number of tokenized asset holders has surpassed 1 million, and total onchain RWA value has climbed to approximately $36.6 billion. The figures mark a significant step for a market that has grown rapidly in 2026. The RWA tokenization market has grown from $5 billion in 2022 to over $36 billion in 2026, representing 380% growth.
Ondo sits at the centre of that expansion. The firm has emerged as one of the industry's most visible bridges between traditional finance and blockchain infrastructure, offering products including USDY, a yield-bearing token backed by short-term US Treasuries, and OUSG, a tokenized government bond fund. The platform holds over 70% market share among tokenized equity issuers, per RWA(.)xyz.
BNY, Samsung, and Regulators Add MomentumBeyond the headline data, Ondo pointed to a cluster of institutional and regulatory developments that reinforce the sector's direction. Chief among them is BNY's plan to bring round-the-clock Treasury settlement to market. BNY plans to introduce tokenized Treasuries and conduct pilot trades on its private blockchain by the end of 2026, and aims to support 24/7 settlement for both conventional and tokenized Treasuries in 2027. The move addresses a longstanding structural gap: digital assets operate 24/7, but traditional Treasury settlement infrastructure does not.
On the consumer side, Ondo flagged Samsung Wallet's upcoming stablecoin support. Samsung announced at its Galaxy Unpacked event on July 22, 2026, that its Samsung Wallet will add native stablecoin support. The integration, secured by Samsung's Knox hardware, will allow millions of Galaxy users to hold, send, and receive stablecoins directly from their mobile devices.
Ondo also noted that US and UK regulators and Oasis Pro Markets all advanced tokenized finance during the week, through new products, policy coordination, and regulatory approvals. The combination of institutional infrastructure upgrades, expanding consumer access, and a more accommodating regulatory posture points to a market that is moving well beyond the pilot stage.
Sources:
Bloomberg: BNY Pushes Toward 24/7 Treasury Settlement as Tokenization Grows
PR Newswire: Ondo Global Markets Surpasses $1 Billion in Total Value Locked
CoinDesk: 24/7 Financial Rails: How BNY Plans to Eliminate the Weekend Lag in US Treasuries
Rocket Lab získala od americké Space Force rekordní kontrakt za 266 milionů USD na 12 suborbitálních startů s možností až šesti dalších. První let má přijít nejdříve na konci roku 2026.
LONG BEACH, Calif., July 27, 2026 (GLOBE NEWSWIRE) -- Rocket Lab Corporation (Nasdaq: RKLB), a global leader in launch services and space systems today announced it has been awarded its largest launch contract to date, a $266 million multi-launch contract with the U.S. Space Force. This landmark contract further solidifies Rocket Lab’s position as a leader in launch and critical mission enabler for programs with significant national importance.
Under the contract awarded by the U.S. Space Force Space Systems Command’s Rocket Systems Launch Program (RSLP), Rocket Lab will execute 12 suborbital launches, with up to six additional launches. The first launch of this contract is expected to take place no earlier than the end of 2026.
The launches will primarily take place from a new Rocket Lab location at the Pacific Spaceport Complex-Alaska (PSCA) in Kodiak, Alaska, complementing Rocket Lab’s existing launch sites at Launch Complex 1 in New Zealand, and Launch Complex 2 and Launch Complex 3 in Virginia.
Sir Peter Beck, founder and CEO of Rocket Lab, says: “Cadence, iteration, and relentless execution are essential to maturing America’s missile defense capabilities, and that’s exactly what we bring with launch leadership. The size and scale of this contract reflects the Space Force’s confidence in our ability to meet their urgent national security demands with speed, responsiveness, and scale, and we’re proud to provide the high-frequency launch capacity required to keep the U.S. ahead of global threats.”
About Rocket Lab
Rocket Lab is a leading space company that provides launch services, spacecraft, payloads and satellite components serving commercial, government, and national security markets. Rocket Lab’s Electron rocket is the world’s most frequently launched orbital small rocket; its HASTE rocket provides hypersonic test launch capability for the U.S. government and allied nations; and its Neutron launch vehicle in development will unlock medium launch for constellation deployment, national security and exploration missions. Rocket Lab’s spacecraft and satellite components have enabled more than 1,700 missions spanning commercial, defense and national security missions including GPS, constellations, and exploration missions to the Moon, Mars, and Venus. Rocket Lab is a publicly listed company on the Nasdaq stock exchange (RKLB). Learn more at www.rocketlabcorp.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our launch and space systems operations, launch schedule and window, safe and repeatable access to space, Neutron development, operational expansion and business strategy, are forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “potential,” “continue,” “anticipate,” “intend,” “expect,” “strategy,” “future,” “could,” “would,” “project,” “plan,” “target,” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at https://investors.rocketlabcorp.com which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.
The USD/INR pair fell nearly 0.7% after failing to breach 97.00, driven by active RBI intervention and declining crude oil prices The pair’s rejection near higher levels echoes mid-May failures around 97.00, highlighting persistent resistance without stronger supporting catalysts Rising oil prices and US inflation present key risks, while delayed exporter dollar conversions offer opportunities for further rupee appreciation The USD/INR currency pair experienced a notable reversal on Monday, declining by nearly 0.7% after a period of steady gains since late June. The Indian rupee strengthened, with early trading showing gains of approximately 28 paise, reaching levels near 96.25 against the US dollar, before settling in the mid-95.80s.
This movement mirrors previous attempts to push towards the 97.00 psychological level, including a peak in mid-May. Such instances where a clear trend encounters significant resistance often lead market participants to consider whether the change is temporary or signals a broader shift.
What Drove the Latest Decline? The main source of pressure was a sharp drop in crude oil prices. Brent futures fell over 4% to about $92.74 per barrel, which eased pressure on India’s large oil import bill. Adding to this, positive signals from West Asia emerged, where the United States and Iran indicated a halt to strikes and opened the door for diplomatic talks.
US Ambassador to the United Nations Mike Waltz said negotiations were progressing on multiple fronts. This helped reduce the geopolitical risk premium that had pushed oil prices higher and boosted dollar demand.
A softer US dollar index, which came down from its highs, also helped. Strong buying in domestic equity markets encouraged capital flows, which in turn benefited the rupee.
A Familiar Ceiling Near 97.00 Today’s pullback feels like history repeating. Back in mid-May, USD/INR pushed toward the 97.00 mark but just couldn’t hold. The pair swung through one of its widest ranges in modern history in the first half of 2026, hitting an all-time record high of 96.84 on May 20. It then recovered partly to around 94.35 by late H1. That recovery was helped by RBI intervention, falling crude prices, and a coordinated package of capital-account reforms.
Now, the pattern feels almost repetitive. The pair climbed back toward similar territory over the past week. Wise’s exchange rate data shows it hit a high of 96.888 on July 23, 2026, before rolling over again. Today’s dip to a low of 96.166 on July 27, 2026, suggests the 97.00 zone remains a meaningful resistance level. The pair has now failed to clear it twice.
Risks and Opportunities for Investors For investors and traders monitoring the USD/INR pair, the current situation presents a balanced outlook. Repeated rejections near the 97.00 level indicate a technical ceiling, likely reinforced by consistent dollar selling, potentially including actions by the RBI.
Opportunities may arise for those anticipating a reduction in market volatility. A sustained decrease in oil prices would positively impact India’s macroeconomic balance by reducing the import bill and inflationary pressures.
However, underlying factors that could drive the pair higher remain. Elevated crude oil prices linked to tensions in West Asia and ongoing foreign portfolio outflows are persistent risks that could push USD/INR back towards its recent highs.
Why did USD/INR decline sharply today?
Falling crude oil prices and signals of easing US-Iran tensions reduced dollar demand and supported the rupee in Monday’s session.
How does this compare to earlier moves towards 97.00?
Similar to mid-May, advances near 97.00 failed to sustain, reflecting market caution at higher levels without stronger catalyst.
What should investors watch for in USD/INR going forward?
Going forward, investors should monitor crude oil price movements, the trend of foreign institutional investor outflows, and whether the 97.00 level holds as resistance or experiences a decisive break.
PUMP vzrostl z nedávného dna poblíž 0,0013 USD téměř o 50 % na zhruba 0,0020 USD a trh bez kolapsu absorboval dosud největší token unlock projektu. Klíčová resistance leží mezi 0,00210 a 0,00215 USD.
Key Highlights PUMP token has climbed approximately 50% from its recent bottom, reaching the $0.0020 level The project’s most significant token unlock event to date was successfully absorbed by market demand without causing a price collapse A new “BOOST mode” feature was introduced, channeling trapped liquidity into buy-and-burn mechanics for newly launched tokens Despite upward price movement, Open Interest has been falling, indicating spot market activity rather than leveraged speculation Critical price resistance zone identified between $0.00210 and $0.00215, which bulls must overcome to validate a sustained reversal The Pump.fun (PUMP) token has experienced a dramatic recovery, climbing nearly 50% from its recent bottom near $0.0013 to current levels around $0.0020. The upward momentum occurred despite market concerns surrounding the project’s largest token distribution event since inception.
Pump.fun (PUMP) Price In mid-July, a substantial quantity of tokens became available for circulation: 32.5 billion PUMP from investor allocations (representing 25% of that pool) and 50 billion PUMP from team allocations (also 25% of that category). The balance of these locked tokens will be released gradually throughout a 36-month period. Historically, significant unlock events tend to create selling pressure. However, PUMP defied this pattern.
Market participants successfully absorbed the newly released tokens while simultaneously driving prices toward a significant long-term descending trendline resistance. This development has reframed the conversation from supply concerns to whether the current momentum can sustain itself.
Cryptocurrency analyst Ansem (@blknoiz06) weighed in on the platform X, highlighting that PUMP consistently generates $1 million in daily revenue even during sluggish on-chain market conditions. He described it as “one of the few stories in crypto where the issue is actually the narrative and sentiment instead of the actual fundamentals.” His analysis suggested that renewed activity on Solana could propel PUMP to new all-time highs, while noting that HYPE commands a 15x higher market valuation despite comparable two-year revenue figures.
$PUMP thesis + trade setup from stream last week
$1M a day with worst onchain conditions is notable, one of the few stories in crypto where the issue is actually the narrative & sentiment instead of the actual fundamentals of the business
if $SOL onchain picks back up this hits… pic.twitter.com/Dy15jW6hd5
— Ansem 🐂🀄️ (@blknoiz06) July 26, 2026
Introduction of BOOST Mode Creates Additional Tailwind The platform recently unveiled “BOOST mode,” an innovative feature designed to recover liquidity that becomes inaccessible when tokens migrate from bonding curves to automated market maker pools. This mechanism redirects that otherwise-lost capital into a buy-and-burn process executed over approximately five minutes. According to platform estimates, more than $100 million in liquidity is permanently lost each year through this migration process. BOOST captures a portion of this value, reportedly increasing effective liquidity by roughly 20% for each newly graduated token.
Although BOOST primarily affects newly created tokens rather than PUMP itself, the mechanism enhances the overall ecosystem economics that PUMP represents as the platform’s native asset. The feature’s launch aligned with PUMP posting weekly gains exceeding 30%.
On July 20, PUMP experienced a dramatic single-day surge of 20-22%, accompanied by a more than 500% spike in 24-hour trading volume, which reached approximately $131 million. Open Interest expanded from roughly 100 million to 163 million contracts during this initial breakout phase.
Chart Analysis Shows Mixed Signals at Critical Junction Technical indicators present a nuanced picture. The Supertrend indicator has shifted to a bullish configuration and price action is maintaining position above the Guppy EMA array. Despite this, Open Interest has declined as price has advanced. This divergence points to spot market buying rather than leveraged futures trading as the primary force behind the rally.
On-chain monitoring services have identified multiple modest but significant PUMP accumulation transactions from large holders in recent trading sessions. Additionally, the token’s built-in buyback-and-burn mechanism is removing approximately 0.1% of circulating supply each day, creating consistent deflationary pressure that compounds with the BOOST feature.
The primary resistance barrier is positioned at $0.00210–$0.00215. Near-term support can be found at $0.00185–$0.00190, while the recent swing low at $0.0013 represents the critical level that bulls must protect to maintain the current bullish structure.
Galaxy uvedla, že v 2. čtvrtletí téměř ustal prodej nejstarších bitcoinových peněženek, což snížilo prodejní tlak na BTC. Aktivita dormantních mincí byla nejnižší od 3. čtvrtletí 2022.
For two years, the earliest bitcoin holders regularly fueled the market by reselling part of their holdings. However, this dynamic has just stopped. In the second quarter, the oldest wallets, inherited from the early days of the network, have almost ceased transferring their BTC. This unprecedented slowdown in selling pressure, highlighted by Galaxy’s on-chain data, could change the market balance. Behind this calmness, a cycle change may be emerging that traditional indicators still struggle to reflect.
In brief The movement of dormant Bitcoin reached its lowest level in the second quarter since Q3 2022. The Coin Days Destroyed indicator confirms a sharp decline in transfers of long-held coins. According to Alex Thorn (Galaxy), the waves of selling by early Bitcoin holders (“OGs taking profit”) have finally subsided after two years of distribution (2024–2025). The withdrawal of these long-term sellers is reducing the supply of BTC available on exchanges, providing a strong support base against ongoing demand. A drastic drop in historical token activity in the second quarter While the battle for bitcoin could be fought around $68,000, the second quarter ends with indisputable statistical metrics that challenge the certainties of technical analysts. The study of the ledgers reveals two major factual signals :
A near four-year low : according to data published by Alex Thorn, head of research at Galaxy, the movement of dormant bitcoins in the second quarter dropped to its lowest level recorded since the third quarter of 2022 ; The decline of Coin Days Destroyed : the analytical indicator of Coin Days Destroyed, which assigns heavier mathematical weighting to units held long-term, shows a rigorously similar contraction over the same period. To understand the scope of these measures, it is essential to recall the underlying mechanics of these benchmark indicators. Tracking dormant coins and calculating Coin Days Destroyed serve as a standard for specialists to evaluate how intensely long-term investors put their reserves back into circulation.
Historically, any increase in this activity signals an active resumption of sales and distribution orchestrated by large wallets. Conversely, the collapse observed in the second quarter factually confirms that the drying up of transfers from these old addresses is now fully realized on the Bitcoin network.
The historical parallel with the 2017 cycle This clear drying up of flows is not by chance but marks the explicit end of a very specific distribution cycle. Alex Thorn explains that the previously observed activity peaks were directly driven by the “OGs taking profit”, describing the explicit strategy of early investors who realized their capital gains.
The Galaxy analyst also highlights that this behavioral dynamic reproduces a pattern similar to that observed during the 2017 bitcoin bull market. After maintaining sustained selling pressure throughout 2024 and 2025, these blockchain veterans have apparently completed their arbitrage phase and temporarily ended the unwinding of their positions.
This attitude shift within the long-term investor class reflects a change in their time horizon. By halting their fund outflows to secondary markets, long-term holders make the explicit choice of retention rather than immediate monetization. The direct comparison with the 2017 cycle shows that this shift from active distribution to pure holding usually heralds the end of intense liquidation waves, giving way to a phase where large wallets stabilize their holdings and refuse to sell their coins at current prices.
Major impact on the future of the bitcoin market The halt in sales by long-term whales profoundly alters the overall financial equation by mechanically limiting the volume of liquid assets. By refusing to reinject their historical reserves on trading platforms, these major players create a powerful supply shock. The supply of bitcoin immediately available for purchase becomes scarce, which prevents the market from having to continuously absorb tens of thousands of coins reintroduced on the spot market. This retention offers a fundamental capital support base because it eliminates the threat of a harsh price rejection caused by massive destocking from origin entities.
This new configuration redistributes initiative to new buyers as well as institutional players. In a context where pioneers no longer sell, even the smallest increase in retail demand or exchange-traded funds faces a much narrower supply wall, which can amplify upward price responsiveness. This drying up of old supply acts as a cleansing filter, freeing bitcoin’s trajectory from the volatility excesses caused by profit-taking by the old guard.
While this slowdown of dormant coins alone does not guarantee an immediate bullish recovery, it removes a systemic risk factor that weighed on the market until now. It is now up to investors to weigh these structural data against ambient macroeconomic uncertainties. Between the constant accumulation of new entrants and the renewed passivity of historical whales, the bitcoin market seems to enter a maturity phase where the patience of veterans could once again serve as a catalyst for upcoming developments.
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Adjinacou Luc Jose
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Strategy přerušila čtyřtýdenní nákupní sérii BTC a před výsledky za 2. čtvrtletí zvýšila hotovostní rezervu na zhruba 3,225 miliardy USD. Firma zároveň prodala více než 2,73 milionu akcií MSTR.
Strategy, known as the largest corporate holder of Bitcoin, has paused its Bitcoin acquisition streak for four consecutive weeks. This marks the firm’s longest break from BTC purchases in nearly two years as it moves to strengthen its cash position before the release of its second-quarter earnings report.
Michael Saylor’s post triggers speculation on Bitcoin acquisitionOn July 26, Michael Saylor, Executive Chairman of Strategy, posted a Bitcoin purchase chart on X, captioned, “We’re gonna need another color.” This message fueled speculation among followers, with many anticipating another major Bitcoin acquisition. The anticipation was further elevated by a similar post a few days prior, in which Saylor hinted at purchasing more Bitcoin but instead oversaw a substantial BTC sale. These posts echo a longstanding pattern of Saylor hinting at upcoming Bitcoin buys, usually followed by a US Securities and Exchange Commission (SEC) disclosure.
In Saylor’s words on X, “We’re gonna need another color,” many interpreted the statement as a nod towards further BTC accumulation.
Recently, however, this historical pattern has shifted, with the company departing from routine BTC purchases after such announcements. At the same time, Strategy’s latest public filings indicate a directional change in capital management strategy.
To date, Strategy has conducted 113 Bitcoin purchases for treasury management, holding a total of 843,775 BTC. These were acquired at an average price of $75,476 per Bitcoin, totaling $63.69 billion in investment.
At the current market price of $65,373.96 per Bitcoin, the company’s BTC holdings are now valued at $55.1 billion. This reflects a notional decline of approximately $8.6 billion compared to the initial investment amount.
HoldingTotal BTCAverage Purchase PriceTotal InvestmentCurrent ValueDifferenceStrategy843,775 BTC$75,476$63.69B$55.1B-$8.6BStrategy has also encountered valuation pressure. Since late June, the firm’s market Net Asset Value (mNAV) has fallen below 1, indicating that its market capitalization has dropped beneath the market value of its Bitcoin holdings. As a result, issuing additional shares to fund more BTC acquisitions has become less attractive.
Mini dictionary: mNAV, or market Net Asset Value, compares a company’s market capitalization with the value of its underlying assets. A mNAV below 1 implies that the firm’s market value is less than the value of the assets it holds.
Capital management shift: Building cash reservesInstead of continuing aggressive Bitcoin buying, Strategy has opted to boost its cash holdings. Between July 13 and July 19, the firm sold more than 2.73 million shares of MSTR, generating approximately $263.5 million in net proceeds. According to a July 20 SEC filing, the company’s cash balance now stands at roughly $3.225 billion.
Despite this buildup, Strategy retains the option to sell an additional $23.53 billion in common stock via existing at-the-market programs. The company has also approved a $1 billion buyback for both digital credit securities and its common stock, and can liquidate up to $1.25 billion in Bitcoin if needed.
CryptoQuant Head of Research Julio Moreno suggested that the company’s annualized dividend commitments have almost quadrupled to $1.2 billion, while cash reserves have dropped 38% in 2026. Dividend coverage fell rapidly, prompting Moreno to recommend ending automatic BTC buys and focusing on rebuilding liquidity.
On July 23, Strategy updated its mNAV calculation, with representatives clarifying that figures before this change are no longer directly comparable. The firm’s leadership appears to be prioritizing a more conservative approach to capital allocation in light of increased financial obligations.
In June, CryptoQuant’s Julio Moreno urged Strategy to scale back Bitcoin purchases and replenish cash, highlighting that the ability to cover dividends from reserves had sharply declined over the past six months. Moreno emphasized the need for any future BTC purchases to follow an investment-driven philosophy rather than an automatic acquisition policy.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
CEO Metaplanet Simon Gerovich uvedl, že základní logika nákupní strategie bitcoinu od Strategy se nezměnila. Strategy dál drží 843 775 BTC v hodnotě více než 50 miliard USD.
Simon Gerovich, CEO of Japan-based investment company Metaplanet, said that there has been no fundamental change in the structure or logic of Strategy’s (formerly MicroStrategy) long-standing Bitcoin buying strategy.
In his social media post, Gerovich emphasized that while market perception of Strategy’s approach has changed several times over the years, the company has consistently pursued the same strategy.
Gerovich recalled that Strategy’s Bitcoin journey began in August 2020, noting that at the time, a software company with a market capitalization of approximately $1 billion adding $250 million worth of Bitcoin to its balance sheet was seen by many as a one-off and unusual move. However, the fact that the company’s shares subsequently increased in value by approximately tenfold led to this decision being considered a “visionary” investment strategy in the markets.
However, the sharp declines in the Bitcoin market caused Strategy shares to lose approximately 90% of their value, leading to the strategy being described as a failed experiment. According to Gerovich, while market perception has changed significantly over time, the company’s core approach has never changed.
The CEO of Metaplanet pointed out that despite all the ups and downs, Strategy has continued its Bitcoin purchases uninterrupted and currently holds 843,775 BTC. At current market prices, the total value of these assets is estimated to be over $50 billion. With this amount of Bitcoin holdings, Strategy remains the world’s largest institutional Bitcoin investor.
Gerovich’s remarks drew attention because Metaplanet has also been regularly adding Bitcoin to its balance sheet recently. With these acquisitions in recent months, the company is accelerating its institutional Bitcoin strategy, and many investors consider Metaplanet one of Japan’s companies adopting the “Strategy model.”
*This is not investment advice.
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Ameren Missouri plánuje postavit West Alton Energy Center, nový plynový zdroj o výkonu 2 100 MW pro spolehlivou celodenní dodávku elektřiny v Missouri. Projekt čeká na regulační schválení a dokončení se očekává v roce 2031.
Ameren Missouri plans to build the West Alton Energy Center, a new 2,100-megawatt facility designed to provide dependable energy at all times of day for customers across Missouri. The project will support reliable service during periods of high demand, extreme weather and changing grid conditions. By expanding in-state energy production, the West Alton Energy Center will help power Missouri's growing economy while ensuring communities have the electricity they need for the future. , /PRNewswire/ -- Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), announced plans to build the West Alton Energy Center, a new combined-cycle natural gas facility. It is designed to provide reliable, around-the-clock baseload power for customers while keeping costs as low as possible, supporting economic development in the region and strengthening the company's balanced mix of energy.
In an application filed with the Missouri Public Service Commission (MoPSC), Ameren Missouri laid out details of the proposed energy center, which will ensure grid reliability as the economy grows and other energy generation facilities reach the end of their useful lives. The plans for West Alton include generating approximately 2,100 megawatts (MW) of electricity, with an anticipated completion date of 2031, pending regulatory approval. It is expected to provide more than 1,000 construction jobs over several years. Additional details about the project are available at Ameren.com/WestAlton.
"Customers count on reliable energy to keep their homes comfortable, care for their families, run their businesses and stay connected to the things that matter most," said Aaron Melda, chairman and president of Ameren Missouri. "The West Alton Energy Center is one way we're preparing for Missouri's future and supporting the growing needs of our communities. Missouri has seen incredible economic development wins over the past year, and we're pleased to support this growth."
State law and the company's Powering Missouri Growth Plan include provisions to make sure data centers cover the costs of the infrastructure needed to serve them, protecting existing customers while providing reliable service for all.
Adding 2,100 MW of always-on generation will further improve reliability and contribute to Ameren Missouri's balanced generation mix, which is designed to optimize costs over the long term. The West Alton Energy Center will also strengthen Missouri's energy security by supplying dependable, in-state generation to serve homes, businesses and growing communities across the state.
"Projects such as the West Alton Energy Center are designed to perform under a wide range of conditions and periods of high demand," said Ajay Arora, executive vice president and chief growth and generation development officer at Ameren Missouri. "As our generation fleet evolves, this facility will add a highly efficient, Missouri-based resource that can operate 24/7 and work alongside our other resources to help maintain reliability for our customers."
The West Alton Energy Center will be built next to Ameren Missouri's Sioux Energy Center, where the company can utilize equipment and connections already on site. Doing more in one location means maximizing existing resources and more value for customers.
"Families and businesses are balancing competing priorities every day, which is why we're focused on making smart investments, controlling project costs and getting the most value from every dollar," Melda said.
Ameren Missouri's plan is designed to keep costs as low as possible for customers and recommends a financing approach that a 2024 analysis by the State of Missouri found lowers project costs by millions of dollars.
"When companies decide where to expand and create jobs, they need to know the infrastructure is in place to back their growth," Melda said. "Investments such as the West Alton Energy Center help ensure Missouri is ready for those opportunities while continuing to serve the people and businesses that already call our state home. We're committed to making those investments thoughtfully and with careful attention to costs, and the MoPSC will provide oversight throughout the process."
The project is included in Ameren Missouri's long-term energy planning process and is designed to complement the company's investments in other generation resources, and grid modernization that supports long-term customer value.
About Ameren Missouri
St. Louis-based Ameren Corporation powers the quality of life for 2.5 million electric customers and more than 900,000 natural gas customers in a 67,700-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries. Ameren Illinois provides electric transmission and distribution service and natural gas distribution service. Ameren Missouri provides electric generation, transmission and distribution services, as well as natural gas distribution service. Ameren Transmission Company of Illinois develops, owns and operates rate-regulated regional electric transmission projects in the Midcontinent Independent System Operator, Inc. For more information, visit Ameren.com, or follow us at @AmerenCorp, Facebook.com/AmerenCorp, or LinkedIn.com/company/Ameren.
FORWARD-LOOKING STATEMENTS
Statements in this release not based on historical facts are considered "forward-looking" and, accordingly, involve risks and uncertainties that could cause actual results to differ materially from those discussed. Although such forward-looking statements have been made in good faith and are based on reasonable assumptions, there is no assurance that the expected results will be achieved. These statements include (without limitation) statements as to future expectations, beliefs, plans, projections, strategies, targets, estimates, objectives, events, conditions, and financial performance. In connection with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, we are providing this cautionary statement to identify important factors that could cause actual results to differ materially from those anticipated. The following factors, in addition to those discussed under Risk Factors in Ameren Missouri's Annual Report on Form 10-K for the year ended December 31, 2025, and elsewhere in this release and in our other filings with the Securities and Exchange Commission, could cause actual results to differ materially from management expectations suggested in such forward-looking statements:
regulatory, judicial, or legislative actions, and any changes in regulatory policies and ratemaking determinations that may change regulatory recovery mechanisms or our ability to recover costs and earn a return, such as those that may result from Ameren Missouri's electric service regulatory rate review filed with the Missouri Public Service Commission ("MoPSC") in June 2026; our ability to control costs and make substantial investments in our businesses, including our ability to recover costs and investments, and to earn our allowed returns on equity, within frameworks established by our regulators, while maintaining affordability for our customers; the effect on Ameren Missouri of any customer rate caps or limitations on increasing the electric service revenue requirement pursuant to Ameren Missouri's election to use the plant-in-service accounting regulatory mechanism; Ameren Missouri's ability to construct and/or acquire wind, solar, and other renewable energy generation facilities and battery storage, as well as natural gas-fired and nuclear energy centers, extend the operating license for the Callaway Energy Center, reliably operate existing energy centers through their expected retirement dates, retire fossil fuel-fired energy centers, and implement new or existing customer energy-efficiency programs, including any such construction, acquisition, retirement, or implementation in connection with its Smart Energy Plan, preferred resource plan, or emissions reduction goals, and to recover its cost of investment, a related return, and, in the case of customer energy-efficiency programs, any lost electric revenues in a timely manner, each of which is affected by the ability to timely obtain all necessary regulatory and project approvals, including certificates of convenience and necessity ("CCNs") from the MoPSC or any other required approvals, including permits to operate the facilities; our ability to realize and support forecasted energy demand and capacity from new and potential new customers, including demand growth dependent on the addition of new data centers and other large primary service customers within our service territories, such as the large load customers that signed electric service agreements with Ameren Missouri in 2026; the effects on energy prices and demand for our services resulting from customer growth patterns or usage, including demand from data centers, technological advances, including advances in customer energy efficiency, electric vehicles, electrification of various industries, energy storage, and private generation sources, which are becoming increasingly cost-competitive; Ameren Missouri's ability to earn, utilize, or transfer at a reasonable price federal production and investment tax credits related to renewable energy and energy storage projects and nuclear energy production; the cost of wind, solar, and other renewable generation and battery storage technologies; and our ability to obtain timely interconnection agreements with the Midcontinent Independent System Operator, Inc. ("MISO") or other regional transmission organizations at an acceptable cost for each facility; the effect of changes in federal domestic energy policy to support investment in fossil fuel infrastructure and the effect of those changes on Ameren Missouri's ability to construct and/or acquire renewable energy generation facilities and battery storage; the outcome of the MISO long-range transmission planning process, including potential changes to planned projects, the ability to obtain competitively bid or assigned projects and related approvals, including CCNs from the MoPSC or any other required approvals, and changes in applicable legislative or regulatory frameworks; the inability of our counterparties to meet their obligations with respect to contracts, credit agreements, and financial instruments, including as they relate to the construction and acquisition of electric and natural gas utility infrastructure and the ability of counterparties to complete projects, which is dependent upon the availability of labor and necessary materials and equipment, including those obligations that are affected by supply chain disruptions; advancements in energy technologies, including carbon capture, utilization, and sequestration, hydrogen fuel for electric production and energy storage, next generation nuclear, and large-scale long-cycle battery storage, and the impact of federal and state energy and economic policies with respect to those technologies; the effects of changes in federal, state, or local laws and other domestic or international governmental actions, including monetary, fiscal, foreign trade, and energy policies, foreign trade tariffs, executive orders, geopolitical developments, or extended federal government shutdowns or defunding; the effects of changes in federal, state, or local tax laws or rates; additional regulations, interpretations, amendments, or technical corrections to, or in connection with the One Big Beautiful Bill Act ("OBBBA") and the Inflation Reduction Act of 2022, including the effects of the OBBBA as it relates to construction timelines of solar, wind, and battery storage projects, along with the ability to obtain materials for these projects to be eligible for federal production and investment tax credits; and any challenges to the tax positions taken by us, as well as resulting effects on customer rates; the cost and availability of fuel, such as low-sulfur coal, natural gas, and enriched uranium used to produce electricity; the cost and availability of natural gas for distribution and the cost and availability of purchased power, including capacity, zero emission credits, renewable energy credits, and emission allowances; and the level and volatility of future market prices for such commodities and credits; disruptions in the delivery of fuel, failure of our fuel suppliers to provide adequate quantities or quality of fuel, or lack of adequate inventories of fuel, including nuclear fuel assemblies primarily from the one Nuclear Regulatory Commission-licensed supplier of assemblies for Ameren Missouri's Callaway Energy Center; the cost and availability of transmission capacity required for the energy generated by Ameren Missouri's energy centers or as required to satisfy our energy sales; the effectiveness of our risk management strategies and our use of financial and derivative instruments; the ability to obtain sufficient insurance at a reasonable cost, or, in the absence of insurance, the ability to timely recover uninsured losses from our customers; the impact of cyberattacks and data security risks on us, our suppliers, or other entities on the grid, including those arising from generative or agentic artificial intelligence, which could, among other things, result in the loss of operational control of energy centers and electric and natural gas transmission and distribution systems and/or the loss of data, such as customer, employee, financial, and operating system information; acts of sabotage, which have increased in frequency and severity within the utility industry, war, terrorism, or other intentionally disruptive acts; business, economic, geopolitical, and capital market conditions, including foreign trade tariffs or trade wars, evolving federal regulatory priorities, and the impact of such conditions on interest rates, inflation, commodity prices, and investments; the impact of inflation or a recession on our customers and suppliers and the related impact on our results of operations, financial position, and liquidity; disruptions of the capital and credit markets, deterioration in our credit metrics, or other events that may have an adverse effect on the cost or availability of capital, including short-term credit and liquidity, and our ability to access the capital and credit markets on reasonable terms when needed; the actions of credit rating agencies and the effects of such actions; the impact of weather conditions and other natural conditions on us and our customers, including the impact of system outages and the level of wind and solar resources; the construction, installation, performance, and cost recovery of generation, transmission, and distribution assets; the ability to maintain system reliability by Ameren Missouri, the MISO, and the electric utility industry, as well as Ameren Missouri's ability to meet existing or future generation capacity and power obligations; the effects of failures of electric generation, electric and natural gas transmission or distribution, or natural gas storage facilities systems and equipment, which could result in unanticipated liabilities or unplanned outages; the operation of Ameren Missouri's Callaway Energy Center, including planned and unplanned outages, as well as the ability to recover costs associated with such outages and the impact of such outages on off-system sales and purchased power, among other things; Ameren Missouri's ability to recover the remaining investment and decommissioning costs associated with the retirement of an energy center, as well as the ability to earn a return on that remaining investment and those decommissioning costs; the impact of current environmental laws or their interpretation and new, more stringent, or changing requirements and environmental policies, including those related to New Source Review provisions of the Clean Air Act, carbon dioxide, nitrogen oxides, sulfur dioxide, and other emissions and discharges, cooling water intake structures, coal combustion residuals, energy efficiency, and wildlife protection, that could limit, terminate or otherwise modify the operation of certain of Ameren Missouri's energy centers, increase our operating costs or investment requirements, result in an impairment of our assets, cause us to sell our assets, reduce our customers' demand for electricity or natural gas, or otherwise have a negative financial effect; the impact of complying with renewable energy standards in Missouri; the effectiveness of Ameren Missouri's customer energy-efficiency programs and the related revenues and performance incentives earned under its Missouri Energy Efficiency Investment Act programs; labor disputes, the impact of collective bargaining unit contract negotiations, workforce reductions, our ability to attract and retain professional and skilled-craft employees, changes in future wage and employee benefits costs, including those resulting from changes in discount rates, mortality tables, medical cost trend rates, returns on benefit plan assets, and other assumptions; the impact of negative opinions of us or our utility services that our customers, investors, legislators, regulators, creditors, rating agencies, or other stakeholders may have or develop, which could result from a variety of factors, including failures in system reliability, failure to implement our investment plans or disagreement with those plans, failure to protect sensitive customer information, increases in rates, new data centers entering our service territories, negative media coverage, or concerns about company policies or practices; the impact of adopting new accounting and reporting guidance; the effects of strategic initiatives, including mergers, acquisitions, joint ventures, divestitures, and reorganizations; legal and administrative proceedings; pandemics or other significant global health events, and their impacts on our results of operations, financial position, and liquidity; and the impacts of global conflicts and related sanctions imposed by the United States and other governments, including potential impacts on the cost and availability of fuel, natural gas, enriched uranium, and other commodities, materials, and services. New factors emerge from time to time, and it is not possible for management to predict all of such factors, nor can it assess the impact of each such factor on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained or implied in any forward-looking statement. Given these uncertainties, undue reliance should not be placed on these forward-looking statements. Except to the extent required by the federal securities laws, we undertake no obligation to update or revise publicly any forward-looking statements to reflect new information or future events.
The Ensign Group ve 2. čtvrtletí zvýšila zisk na akcii na 1,68 USD a tržby na 1,44 miliardy USD. Zároveň zvedla celoroční výhled zisku na 7,75 až 7,85 USD na akcii a tržeb na 5,87 až 5,92 miliardy USD.
Raises 2026 Annual Earnings and Revenue Guidance;
Conference Call and Webcast scheduled for July 29, 2026 at 10:00 am PT
SAN JUAN CAPISTRANO, Calif., July 27, 2026 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign(TM) group of companies, which provide post-acute healthcare services and invest in the long-term healthcare industry, primarily in skilled nursing and senior living facilities, announced operating results for the second quarter ended June 30, 2026, reporting GAAP diluted earnings per share of $1.68 and adjusted earnings per share(1) of $1.92.
"This quarter's results are another reflection of that enduring connection between the commitment of our local leaders to delivering high-quality care in their communities and our financial performance. We believe exceptional outcomes ultimately create their own form of accountability, because residents, families, referral partners, regulators, and payers all independently validate whether an operation is truly delivering value,” said Barry Port, Chief Executive Officer of The Ensign Group. “We continue to see strong demand across our portfolio, improving occupancy and skilled mix. We also continue to grow in a disciplined way through acquisitions. We believe our results this quarter position us well for the remainder of the year and reinforce our confidence in our long-term strategy."
Clinical Highlights(1):
Same Facilities achieved Centers for Medicare & Medicaid Services (CMS) Quality Measure ratings that were 23% better than industry peers in our operating states, demonstrating superior clinical outcomes.Same Facilities achieved CMS Cycle 1 survey inspection results that were 18% better than industry peers in our operating states, validating clinical excellence through regulatory oversight.Over 80% of our skilled nursing operations earned a CMS Quality Measure rating of 4 or 5 stars, demonstrating our continued commitment to delivering high-quality clinical care.Rehospitalization rates for Same Facilities were 15% better than the national average, supporting successful resident recovery and continuity of care.Long-stay outpatient emergency department visit rates for Same Facilities were 24% better than the national average, minimizing unnecessary hospital transfers and reducing higher-cost care.Administrator turnover for Same Facilities was 46% lower than our industry peers in our operating states, supporting leadership continuity and operational stability.None of our 398 affiliated facilities are designated as CMS Special Focus Facilities, reflecting our ability to improve clinical performance at troubled acquisitions and consistently maintain trust from our state and federal regulators. Quarterly Highlights:
GAAP diluted earnings per share for the quarter was $1.68, an increase of 16.7% over the prior year quarter, and adjusted diluted earnings per share(2) for the quarter was $1.92, an increase of 20.8% over the prior year quarter.GAAP net income was $99.7 million for the quarter, an increase of 18.2% over the prior year quarter, and adjusted net income(2) was $114.3 million for the quarter, an increase of 22.5% over the prior year quarter.Same Facility and Transitioning Facility occupancy for the quarter were 84.1% and 84.7%, an increase of 2.7% and 2.3%, respectively, over the prior year quarter.Same Facility and Transitioning Facility skilled mix revenue for the quarter increased by 10.1% and 14.0%, respectively, and skilled days for the quarter increased by 6.2% and 9.4%, respectively, both over the prior year quarter.Same Facility and Transitioning Facility Medicare revenue for the quarter improved by 9.8% and 9.6%, respectively, and Medicare days for the quarter improved by 5.1% and 5.2%, respectively, both over the prior year quarter.Same Facility and Transitioning Facility managed care revenue for the quarter improved by 6.1% and 16.2%, respectively, and managed care days for the quarter improved by 1.9% and 7.6%, respectively, both over the prior year quarter.Same Facility and Transitioning Facility skilled services revenue for the quarter increased by 6.6% and 6.1% over the prior year quarter.Consolidated revenue for the quarter was $1.44 billion, an increase of 17.3% over the prior year quarter.Standard Bearer(3) revenue was $44.1 million for the quarter, an increase of 40.2% over the prior year quarter. FFO was $24.7 million for the quarter, an increase of 34.6% over the prior year quarter.
(1) The data source for clinical results is from CMS Care Compare Five-Star Quality Rating System, June 2026. Cycle 1 survey inspection results are based on the latest CMS-reported regulatory inspection cycle which reflects results as of Q4 2025. State-wide averages represent the average reported performance of facilities within the states in which we operate. National averages represent the average performance of all facilities included in the CMS Care Compare database nationwide.(2) See "Reconciliation of GAAP to Non-GAAP Financial Information".(3) Our Skilled Services and Standard Bearer Segments are defined and outlined in Note 7 on Form 10-Q.
Clinical and Operating Results
“The strength of our model ultimately depends on the quality and stability of our people. We have long believed that outstanding resident outcomes begin with engaged, supported, and empowered caregivers. We are especially proud of our turnover. In particular, our Director of Nursing turnover continues to improve and our overall RN retention rate is also 8% better than the average across our 17-state footprint using CMS reported data. Similarly, licensed administrator turnover is an impressive 46% lower than the CMS measured state average. We believe this level of leadership stability is one of the key differentiators of our organization by creating continuity for our caregivers and residents, reinforcing accountability at the local level, and allowing the investments we make in our clinical programs, technology, and resources to translate into consistently superior quality outcomes, care efficiency, regulatory performance, and financial results.”
He added, “On the census front, our Same Facility and Transitioning Facility occupancy for the second quarter was 84.1% and 84.7%, respectively. On the skilled mix front, our Same Facilities and Transitioning Facilities skilled revenue increased by 10.1% and 14.0%, respectively, over the prior year quarter. Medicare revenue increased for both our Same Facilities and Transitioning Facilities by 9.8% and 9.6%, respectively. Also, managed care revenue increased by 6.1% and 16.2%, respectively, for Same-Facilities and Transitioning Facilities over the prior year quarter, with total skilled mix days up 6.2% and 9.4%, respectively, from the prior year quarter. The primary driver of these improvements continues to be the expanding trust from the communities we serve—earned through consistent, high-quality clinical outcomes,” Port said.
“Due to the strength of the second quarter, we are increasing our annual 2026 earnings guidance to $7.75 to $7.85 per diluted share, up from our previously increased guidance of $7.48 to $7.62. We are also increasing annual revenue guidance to $5.87 billion to $5.92 billion, up from $5.81 billion to $5.86 billion. The midpoint of our earnings guidance represents an 18.7% increase over 2025 and 41.8% over 2024," Port said.
Speaking to the Company’s acquisition growth, Chad Keetch, Ensign’s Chief Investment Officer and Executive Vice President said, “In addition, we continue to acquire new operations with significant long-term upside and expect to maintain a healthy pace of growth as we expand our mission driven approach to transform and dignify post-acute care. During the quarter and since we accelerated our growth by adding 20 new operations, all of which included real estate assets. Since 2024, we have successfully sourced, underwritten, closed, and transitioned 102 new operations across several markets, many of which are already performing at or above expectations, both clinically and financially. We continue to see opportunities that include everything from larger portfolios, landlords looking to replace current tenants, non-profits looking to divest of their post-acute assets and a steady flow of traditional one-sie two-sies. We have several new additions lining up for the second half of 2026 as our local leadership and their deal partners at the Service Center work together to source, underwrite and carefully select the right opportunities.”
Suzanne Snapper, Ensign’s Executive Vice President and Chief Financial Officer reported that the Company’s liquidity remains strong with approximately $262.3 million of cash on hand and $591.6 million of available capacity under its line-of-credit. Ms. Snapper also indicated that, “Management’s annual guidance is based on diluted weighted average common shares outstanding of approximately 59.5 million and a 25.0% tax rate. In addition, the guidance assumes, among other things, normalized insurance costs, acquisitions expected to close through the third quarter of 2026 and management’s current expectations regarding reimbursement rates. It also excludes certain charges that arise outside the normal course of business, amortization of system implementation costs, acquisition related costs and share-based compensation.”
A discussion of the Company's use of non-GAAP financial measures is set forth below. A reconciliation of net income to adjusted EBT, EBITDA, adjusted EBITDAR, adjusted EBITDA and FFO for Standard Bearer, as well as a reconciliation of GAAP earnings per share, net income to adjusted net income and adjusted net earnings per share appear in the financial data portion of this release. More complete information is contained in the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, which is expected to be filed with the SEC today and can be viewed on the Company’s website at http://www.ensigngroup.net.
Growth and Real Estate Highlights
Mr. Keetch added additional commentary on the Company’s continued acquisition activity. “We were thrilled to complete these acquisitions, and to expand our presence in Texas. These assets are made up of newly constructed, high-quality facilities in populated and growing metro-areas. However, occupancies in these operations are almost all lower than our existing operations’ average for these geographies, and all present significant clinical and operational hurdles. These operations will take some time to establish a culture of ownership and accountability, but we are encouraged with the progress we have already seen and look forward to these new additions becoming the facility of choice in the markets they serve,” Keetch said.
Standard Bearer announced the following real estate acquisitions, which are operated by an Ensign-affiliate:
Willow Park Rehabilitation and Care Center, a 125-bed skilled nursing facility located in Willow Park, Texas;Southern Oaks Therapy and Living Center, a 150-bed skilled nursing facility located in Dallas, Texas;Country Village Care / Country Village Senior Living, a healthcare campus with 136 skilled nursing beds, 38 assisted living units, and 32 memory care beds located in Angleton, Texas;River Hills Health and Rehabilitation Center, a 150-bed skilled nursing facility located in Kerrville, Texas;Willow Creek Lodge, a 135-bed skilled nursing facility located in Tomball, Texas;Eagle Crest Rapid Recovery, a 125-bed skilled nursing facility located in Houston, Texas;Falcon Point Post Acute, a 130-bed skilled nursing facility located in Katy, Texas;Parks Health Center / Parks Assisted Living Center, a healthcare campus with 90 skilled nursing beds, 30 assisted living units, and 55 independent living units located in Odessa, Texas;La Dora Nursing and Rehabilitation Center, a 62-bed skilled nursing facility located in Bedford, Texas;River Bend Healthcare, a 115-bed skilled nursing facility located in Seguin, Texas;Mustang Park Therapy and Living Center, 120-bed skilled nursing facility located in Carrollton, Texas;Hilltop Village Nursing and Rehabilitation Center, 150-bed skilled nursing facility located in Kerrville, Texas;Mallard Creek Therapy and living Center, 120-bed skilled nursing facility located in Fort Worth, Texas;Harbor Valley Health and Rehabilitation, 120-bed skilled nursing facility located in San Antonio, Texas;TruCare Living Centers - Columbus, 104-bed skilled nursing facility located in Columbus, Texas;TruCare Living Centers - Palestine, 120-bed skilled nursing facility located in Palestine, Texas;TruCare Living Centers - Selma, 128-bed skilled nursing facility located in Selma, Texas;Woodland Health and Rehabilitation Care Center, 62-bed skilled nursing facility located in Mount Pleasant, Iowa;Las Ventanas de Socorro, a 126-bed skilled nursing facility located in Socorro, Texas; andLos Arcos del Norte Care Center, a 124-bed skilled nursing facility located in El Paso, Texas. Ensign's growing portfolio consists of 398 healthcare operations, 32 of which also include senior living operations, across 17 states. Ensign now owns 183 real estate assets, 144 of which are operated by an Ensign affiliate. Mr. Keetch noted that Ensign’s overall strategy will continue to include both leasing and acquiring real estate, and the Company is actively looking for performing and underperforming operations in several states.
In addition, the Company also acquired three senior living real estate assets that are operated by a third-party under a triple net lease:
Emerald Ridge of Neenah, a 45-unit residential care apartment complex located in Neenah, Wisconsin;Anna’s House Assisted Living, a 50-unit community based residential facility located in New Franken, Wisconsin; andMemory Care of Contra Costa, a 46-unit memory care facility located in Pleasant Hill, California. The Company continues to provide additional disclosure on Standard Bearer which is comprised of 177 owned properties. Of these assets, 140 are leased to an Ensign-affiliated operator and 38 are leased to third-party operators. Mr. Keetch noted that each of these properties are subject to triple-net, long-term leases and generated rental revenue of $44.1 million for the quarter, of which $37.8 million was derived from Ensign affiliated operations. For the quarter, Ensign reported $24.7 million in FFO.
The Company also paid a quarterly cash dividend of $0.065 per share of Ensign common stock. Ms. Snapper noted that as the Company’s liquidity remains strong, it plans to continue its long history of paying dividends into the future.
Conference Call
A live webcast will be held Wednesday, July 29, 2026, at 10:00 a.m. Pacific time (1:00 p.m. Eastern time) to discuss Ensign’s second quarter of 2026 financial results. To listen to the webcast, or to view any financial or statistical information required by SEC Regulation G, please visit the Investors Relations section of Ensign’s website at http://investor.ensigngroup.net. The webcast will be recorded and will be available for replay via the website until 5:00 p.m. Pacific time on Friday, August 28, 2026.
About Ensign™
The Ensign Group, Inc.'s independent subsidiaries provide a broad spectrum of skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 398 healthcare facilities in Alabama, Alaska, Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Tennessee, Texas, Utah, Washington and Wisconsin. As part of its investment strategy, the Company will also acquire, lease and own healthcare real estate to service the post-acute care continuum through acquisition and investment opportunities in healthcare properties. Ensign’s new business venture operating subsidiaries also offer several other post-acute-related services, including mobile x-ray, emergency and non-emergency transportation services, long-term care pharmacy and other consulting services also across several states. Each of these operations is operated by a separate, independent subsidiary that has its own management, employees and assets. References herein to the consolidated "Company" and "its" assets and activities, as well as the use of the terms "we," "us," "its" and similar verbiage, are not meant to imply that The Ensign Group, Inc. has direct operating assets, employees or revenue, or that any of the facilities, the Service Center, Standard Bearer or the captive insurance subsidiary are operated by the same entity. More information about Ensign is available at http://www.ensigngroup.net.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
This press release contains, and the related conference call and webcast will include forward-looking statements that are based on management’s current expectations, assumptions and beliefs about its business, financial performance, operating results, the industry in which it operates and other future events. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These forward-looking statements include, but are not limited to, statements regarding growth prospects, future operating and financial performance, and acquisition activities. They are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause actual results to materially and adversely differ from those expressed in any forward-looking statement.
These risks and uncertainties relate to the Company’s business, its industry and its common stock and include: reduced prices and reimbursement rates for its services; its ability to acquire, develop, manage or improve operations, its ability to manage its increasing borrowing costs as it incurs additional indebtedness to fund the acquisition and development of operations; its ability to access capital on a cost-effective basis to continue to successfully implement its growth strategy; its operating margins and profitability could suffer if it is unable to grow and manage effectively its increasing number of operations; competition from other companies in the acquisition, development and operation of facilities; its ability to defend claims and lawsuits, including professional liability claims alleging that our services resulted in personal injury, and other regulatory-related claims; and the application of existing or proposed government regulations, or the adoption of new laws and regulations, that could limit its business operations, require it to incur significant expenditures or limit its ability to relocate its operations if necessary. Additionally, our business and operations continue to be impacted by the unprecedented nature of the changes in the regulations and environment, as such, we are unable to predict the full extent and duration of the financial impact of these changes on our business, financial condition and results of operations. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. Readers should not place undue reliance on any forward-looking statements and are encouraged to review the Company’s periodic filings with the Securities and Exchange Commission, including its Form 10-Q and 10-K, for a more complete discussion of the risks and other factors that could affect Ensign’s business, prospects and any forward-looking statements. Except as required by the federal securities laws, Ensign does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changing circumstances or any other reason after the date of this press release.
Contact Information
Investor/Media Relations, The Ensign Group, Inc., (949) 487-9500, [email protected].
SOURCE: The Ensign Group, Inc.
THE ENSIGN GROUP, INC.
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME
Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 (In thousands, except per share data)REVENUE Service revenue$1,432,497 $1,221,414 $2,814,800 $2,388,454 Rental revenue 7,984 6,355 14,877 12,356 TOTAL REVENUE$1,440,481 $1,227,769 $2,829,677 $2,400,810 Expense: Cost of services 1,134,237 971,780 2,230,063 1,899,629 Rent—cost of services 66,412 57,195 131,918 114,271 General and administrative expense 85,922 69,107 160,132 131,662 Depreciation and amortization 31,406 25,785 60,207 49,973 TOTAL EXPENSES$1,317,977 $1,123,867 $2,582,320 $2,195,535 Income from operations 122,504 103,902 247,357 205,275 Other income (expense): Interest expense (1,933) (2,025) (3,865) (4,062)Interest income 4,633 5,240 11,169 12,123 Other income 8,470 5,241 7,585 5,602 OTHER INCOME, NET$11,170 $8,456 $14,889 $13,663 Income before provision for income taxes 133,674 112,358 262,246 218,938 Provision for income taxes 33,840 27,892 62,656 54,119 NET INCOME$99,834 $84,466 $199,590 $164,819 Less: net income attributable to noncontrolling interests 96 70 184 146 NET INCOME ATTRIBUTABLE TO THE ENSIGN GROUP, INC.$99,738 $84,396 $199,406 $164,673 NET INCOME PER SHARE ATTRIBUTABLE TO THE ENSIGN GROUP INC. Basic$1.72 $1.48 $3.45 $2.88 Diluted$1.68 $1.44 $3.35 $2.81 WEIGHTED AVERAGE COMMON SHARES OUTSTANDING Basic 57,958 57,157 57,865 57,128 Diluted 59,483 58,602 59,527 58,560 THE ENSIGN GROUP, INC.
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)
June 30, 2026 December 31, 2025 ASSETS Current assets: Cash and cash equivalents$262,300 $503,881Accounts receivable—less allowance for doubtful accounts of $7,895 and $7,805 at June 30, 2026 and December 31, 2025, respectively 668,902 636,985Investments—current 58,544 68,506Prepaid expenses and other current assets 81,742 62,932Total current assets$1,071,488 $1,272,304Property and equipment, net 2,096,977 1,696,863Right-of-use assets 2,143,787 2,097,862Insurance subsidiary deposits and investments 210,077 166,841Deferred tax assets 83,068 83,138Restricted and other assets 39,755 41,600Intangible assets, net 6,263 6,381Goodwill 97,981 97,981TOTAL ASSETS$5,749,396 $5,462,970LIABILITIES AND EQUITY Current liabilities: Accounts payable$119,675 $97,327Accrued wages and related liabilities 368,817 422,326Lease liabilities—current 121,117 114,816Accrued self-insurance liabilities—current 100,007 81,623Other accrued liabilities 171,001 174,027Current maturities of long-term debt 4,182 4,227Total current liabilities$884,799 $894,346Long-term lease liabilities—less current portion 1,989,485 1,949,213Accrued self-insurance liabilities—less current portion 195,813 164,792Other long-term liabilities 98,428 82,266Long-term debt—less current maturities 135,562 137,529Total equity 2,445,309 2,234,824TOTAL LIABILITIES AND EQUITY$5,749,396 $5,462,970 THE ENSIGN GROUP, INC.
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
The following table presents selected data from our condensed consolidated statements of cash flows for the periods presented:
Six Months Ended June 30, 2026 2025 NET CASH PROVIDED BY (USED IN): Operating activities$272,108 $227,950 Investing activities (478,893) (311,924)Financing activities (34,796) (16,655)Net decrease in cash and cash equivalents$(241,581) $(100,629)Cash and cash equivalents beginning of period 503,881 464,598 Cash and cash equivalents at end of period$262,300 $363,969 THE ENSIGN GROUP, INC.
UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL INFORMATION
(In thousands, except per share data)
RECONCILIATION OF GAAP TO NON-GAAP NET INCOME
The following table reconciles net income to Adjusted net income and diluted earnings per share to Adjusted earnings per share for the periods presented:
Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Net income attributable to The Ensign Group, Inc.$99,738 $84,396 $199,406 $164,673 Adjustments: Stock-based compensation expense(1) 16,166 11,662 30,061 22,386 Cost of services - loss (gain) on long-lived assets and business interruption recoveries — (1,000) 1,284 (1,000)Cost of services - acquisition related costs(2) 519 654 800 1,135 General and administrative - costs incurred related to system implementations 2,180 437 5,199 771 Depreciation and amortization - patient base(3) — 409 — 1,020 Provision for income taxes on Non-GAAP adjustments(4) (4,295) (3,238) (12,242) (6,693)Adjusted Net Income$114,308 $93,320 $224,508 $182,292 Average number of diluted shares outstanding 59,483 58,602 59,527 58,560 Diluted Earnings Per Share$1.68 $1.44 $3.35 $2.81 Adjusted Earnings Per Share$1.92 $1.59 $3.77 $3.11 Footnotes: (1) Represents stock-based compensation expense incurred. Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Cost of services$10,723 $7,874 $19,893 $15,033 General and administrative 5,443 3,788 10,168 7,353 Total Non-GAAP adjustment$16,166 $11,662 $30,061 $22,386 (2) Represents costs incurred to acquire operations that are not capitalizable.(3) Represents amortization expenses related to patient base intangible assets at newly acquired skilled nursing and senior living facilities.(4) Represents an adjustment to the provision for income tax to our historical effective tax rate of 25.0% THE ENSIGN GROUP, INC.
UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL INFORMATION
(In thousands)
The table below reconciles net income to EBITDA, Adjusted EBITDA and Adjusted EBITDAR for the periods presented:
Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Consolidated Statements of Income Data: Net income$99,834 $84,466 $199,590 $164,819 Less: Net income attributable to noncontrolling interests 96 70 184 146 Interest income 4,633 5,240 11,169 12,123 Add: Provision for income taxes 33,840 27,892 62,656 54,119 Depreciation and amortization 31,406 25,785 60,207 49,973 Interest expense 1,933 2,025 3,865 4,062 EBITDA$162,284 $134,858 $314,965 $260,704 Adjustments to EBITDA: Stock-based compensation expense 16,166 11,662 30,061 22,386 Costs incurred related to system implementations 2,180 437 5,199 771 Loss (gain) on long-lived assets and business interruption recoveries — (1,000) 1,284 (1,000)Acquisition related costs(1) 519 654 800 1,135 ADJUSTED EBITDA$181,149 $146,611 $352,309 $283,996 Rent—cost of services 66,412 57,195 131,918 114,271 ADJUSTED EBITDAR$247,561 $484,227 (1) Represents costs incurred to acquire operations that are not capitalizable.
The table below reconciles income before provision for income taxes to Adjusted EBT for the periods presented:
Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Consolidated statements of income data:(In thousands)Income before provision for income taxes$133,674 $112,358 $262,246 $218,938 Stock-based compensation expense 16,166 11,662 30,061 22,386 Costs incurred related to system implementations 2,180 437 5,199 771 Loss (gain) on long-lived assets and business interruption recoveries — (1,000) 1,284 (1,000)Acquisition related costs(1) 519 654 800 1,135 Depreciation and amortization - patient base(2) — 409 — 1,020 ADJUSTED EBT$152,539 $124,520 $299,590 $243,250 (1) Represents costs incurred to acquire operations that are not capitalizable.
(2) Represents amortization expenses related to patient base intangible assets at newly acquired skilled nursing and senior living facilities.
THE ENSIGN GROUP, INC.
UNAUDITED SELECT PERFORMANCE INDICATORS
The following tables summarize our selected performance indicators for our skilled services segment along with other statistics, for each of the dates or periods presented:
Three Months Ended June 30, 2026
2025
Change % Change TOTAL FACILITY RESULTS:(Dollars in thousands)Skilled services revenue$1,379,912 $1,173,576 $206,336 17.6%Number of facilities at period end 348 304 44 14.5%Number of campuses at period end(1) 32 30 2 6.7%Actual patient days 3,017,641 2,615,490 402,151 15.4%Occupancy percentage — Operational beds 82.9% 81.3% 1.6% 2.0%Skilled mix by nursing days 31.0% 30.8% 0.2% 0.6%Skilled mix by nursing revenue 50.0% 49.2% 0.8% 1.6% Three Months Ended June 30, 2026 2025 Change % Change SAME FACILITY RESULTS:(2)(Dollars in thousands)Skilled services revenue$988,337 $926,850 $61,487 6.6%Number of facilities at period end 234 234 — —%Number of campuses at period end(1) 25 25 — —%Actual patient days 2,164,347 2,091,332 73,015 3.5%Occupancy percentage — Operational beds 84.1% 81.9% 2.2% 2.7%Skilled mix by nursing days 32.2% 31.3% 0.9% 2.9%Skilled mix by nursing revenue 51.0% 50.1% 0.9% 1.8% Three Months Ended June 30, 2026 2025 Change % Change TRANSITIONING FACILITY RESULTS:(3)(Dollars in thousands)Skilled services revenue$197,371 $185,981 $11,390 6.1%Number of facilities at period end 50 50 — —%Number of campuses at period end(1) 4 4 — —%Actual patient days 405,468 393,063 12,405 3.2%Occupancy percentage — Operational beds 84.7% 82.8% 1.9% 2.3%Skilled mix by nursing days 29.7% 28.0% 1.7% 6.1%Skilled mix by nursing revenue 49.7% 47.0% 2.7% 5.7% Three Months Ended June 30, 2026 2025 Change % Change RECENTLY ACQUIRED FACILITY RESULTS:(4)(Dollars in thousands)Skilled services revenue$194,204 $60,745 $133,459 NMNumber of facilities at period end 64 20 44 NMNumber of campuses at period end(1) 3 1 2 NMActual patient days 447,826 131,095 316,731 NMOccupancy percentage — Operational beds 76.6% 69.9% NM NMSkilled mix by nursing days 26.9% 30.4% NM NMSkilled mix by nursing revenue 45.1% 43.0% NM NM (1) Campus represents a facility that offers both skilled nursing and senior living services. Revenue and expenses related to skilled nursing and senior living services have been allocated and recorded in the respective operating segment.(2) Same Facility results represent all facilities acquired prior to January 1, 2023.(3) Transitioning Facility results represent all facilities acquired from January 1, 2023 to December 31, 2024.(4) Recently Acquired Facility results represent all facilities acquired on or subsequent to January 1, 2025. Six Months Ended June 30, 2026 2025 Change % Change TOTAL FACILITY RESULTS:(Dollars in thousands)Skilled services revenue$2,710,747 $2,297,130 $413,617 18.0%Number of facilities at period end 348 304 44 14.5%Number of campuses at period end(1) 32 30 2 6.7%Actual patient days 5,913,675 5,153,626 760,049 14.7%Occupancy percentage — Operational beds 83.4% 81.6% 1.8% 2.2%Skilled mix by nursing days 31.5% 31.1% 0.4% 1.3%Skilled mix by nursing revenue 50.3% 49.7% 0.6% 1.2% Six Months Ended June 30, 2026 2025 Change % Change SAME FACILITY RESULTS:(2)(Dollars in thousands)Skilled services revenue$1,967,545 $1,843,338 $124,207 6.7%Number of facilities at period end 234 234 — —%Number of campuses at period end(1) 25 25 — —%Actual patient days 4,309,728 4,170,184 139,544 3.3%Occupancy percentage — Operational beds 84.2% 82.1% 2.1% 2.6%Skilled mix by nursing days 32.4% 31.8% 0.6% 1.9%Skilled mix by nursing revenue 51.1% 50.6% 0.5% 1.0% Six Months Ended June 30, 2026 2025 Change % Change TRANSITIONING FACILITY RESULTS:(3)(Dollars in thousands)Skilled services revenue$392,857 $364,903 $27,954 7.7%Number of facilities at period end 50 50 — —%Number of campuses at period end(1) 4 4 — —%Actual patient days 807,732 778,169 29,563 3.8%Occupancy percentage — Operational beds 84.9% 82.4% 2.5% 3.0%Skilled mix by nursing days 29.9% 28.4% 1.5% 5.3%Skilled mix by nursing revenue 49.7% 47.6% 2.1% 4.4% Six Months Ended June 30, 2026 2025 Change % Change RECENTLY ACQUIRED FACILITY RESULTS:(4)(Dollars in thousands)Skilled services revenue$350,345 $88,889 $261,456 NMNumber of facilities at period end 64 20 44 NMNumber of campuses at period end(1) 3 1 2 NMActual patient days 796,215 205,273 590,942 NMOccupancy percentage — Operational beds 78.3% 70.0% NM NMSkilled mix by nursing days 28.5% 27.7% NM NMSkilled mix by nursing revenue 46.8% 39.9% NM NM Campus represents a facility that offers both skilled nursing and senior living services. Revenue and expenses related to skilled nursing and senior living services have been allocated and recorded in the respective operating segment.Same Facility results represent all facilities acquired prior to January 1, 2023.Transitioning Facility results represent all facilities acquired from January 1, 2023 to December 31, 2024.Recently Acquired Facility results represent all facilities acquired on or subsequent to January 1, 2025. THE ENSIGN GROUP, INC.
UNAUDITED SKILLED NURSING AVERAGE DAILY REVENUE RATES AND
PERCENT OF SKILLED NURSING REVENUE AND DAYS BY PAYOR
The following tables reflect the change in skilled nursing average daily revenue rates, excluding services that are not covered by the daily rate(1):
Three Months Ended June 30, Same Facility Transitioning Acquisitions Total 2026 2025 2026 2025 2026 2025 2026 2025SKILLED NURSING AVERAGE DAILY REVENUE RATESMedicare$814.66 $779.77 $890.48 $854.83 $784.73 $701.40 $822.24 $789.43Managed care 599.06 575.29 658.87 609.88 630.25 555.77 609.07 578.40Other skilled 649.37 647.61 678.38 685.81 683.77 711.96 655.51 655.04Total skilled revenue 685.04 661.18 776.70 745.39 713.52 652.03 700.39 672.15Medicaid 310.64 302.36 326.89 321.75 316.83 374.44 313.78 308.87Private and other payors 317.27 288.43 362.96 357.18 330.50 392.10 326.20 305.96Total skilled nursing revenue$431.71 $413.41 $464.31 $444.50 $425.26 $460.83 $435.10 $420.43 Six Months Ended June 30, Same Facility Transitioning Acquisitions Total 2026 2025 2026 2025
2026 2025 2026 2025SKILLED NURSING AVERAGE DAILY REVENUE RATESMedicare$812.17 $777.70 $885.86 $848.13 $796.67 $667.40 $822.04 $786.58Managed care 594.97 570.02 652.52 605.80 627.83 522.15 604.67 572.51Other skilled 646.93 645.85 680.76 668.45 659.88 714.24 651.51 650.67Total skilled revenue 682.14 657.16 773.10 739.60 714.40 621.17 697.78 667.17Medicaid 311.49 299.67 328.56 316.93 318.27 356.51 314.77 304.65Private and other payors 314.74 289.10 365.97 354.74 348.25 364.34 327.66 303.52Total skilled nursing revenue$431.75 $412.14 $465.42 $441.17 $434.75 $430.70 $436.73 $417.23 (1) The rates are based on contractually agreed-upon amounts or rates, excluding the estimates of variable consideration under the revenue recognition standard, Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 606.
The following tables set forth our percentage of skilled nursing patient revenue and days for the periods presented:
Three Months Ended June 30, Same Facility Transitioning Acquisitions Total 2026
2025
2026
2025
2026
2025
2026
2025
PERCENTAGE OF SKILLED NURSING REVENUEMedicare21.2% 20.9% 28.3% 27.8% 24.1% 19.1% 22.6% 21.9%Managed care19.6 19.9 15.1 14.0 14.4 13.0 18.2 18.6 Other skilled10.2 9.3 6.3 5.2 6.6 10.9 9.2 8.7 Skilled mix51.0% 50.1% 49.7% 47.0% 45.1% 43.0% 50.0% 49.2%Private and other payors7.1 6.9 8.4 9.2 10.6 10.0 7.7 7.5 Medicaid41.9 43.0 41.9 43.8 44.3 47.0 42.3 43.3 TOTAL SKILLED NURSING100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Three Months Ended June 30, Same Facility Transitioning Acquisitions Total 2026
2025
2026
2025
2026
2025
2026
2025
PERCENTAGE OF SKILLED NURSING DAYSMedicare11.2% 11.1% 14.7% 14.5% 13.1% 12.6% 12.0% 11.6%Managed care14.1 14.3 10.6 10.2 9.7 10.8 13.0 13.5 Other skilled6.9 5.9 4.4 3.3 4.1 7.0 6.0 5.7 Skilled mix32.2% 31.3% 29.7% 28.0% 26.9% 30.4% 31.0% 30.8%Private and other payors9.6 9.9 10.7 11.5 13.7 11.8 10.4 10.2 Medicaid58.2 58.8 59.6 60.5 59.4 57.8 58.6 59.0 TOTAL SKILLED NURSING100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Six Months Ended June 30, Same Facility Transitioning Acquisitions Total 2026
2025
2026
2025
2026
2025
2026
2025
PERCENTAGE OF SKILLED NURSING REVENUEMedicare21.4% 21.1% 28.4% 28.4% 25.2% 18.2% 23.0% 22.2%Managed care19.7 20.4 14.9 14.0 14.9 12.8 18.4 19.1 Other skilled10.0 9.1 6.4 5.2 6.7 8.9 8.9 8.4 Skilled mix51.1% 50.6% 49.7% 47.6% 46.8% 39.9% 50.3% 49.7%Private and other payors7.0 6.9 8.3 9.0 9.9 10.3 7.6 7.4 Medicaid41.9 42.5 42.0 43.4 43.3 49.8 42.1 42.9 TOTAL SKILLED NURSING100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Six Months Ended June 30, Same Facility Transitioning Acquisitions Total 2026
2025
2026
2025
2026
2025
2026
2025
PERCENTAGE OF SKILLED NURSING DAYSMedicare11.4% 11.2% 14.9% 14.8% 13.8% 11.8% 12.2% 11.8%Managed care14.3 14.7 10.6 10.2 10.4 10.5 13.3 13.9 Other skilled6.7 5.9 4.4 3.4 4.3 5.4 6.0 5.4 Skilled mix32.4% 31.8% 29.9% 28.4% 28.5% 27.7% 31.5% 31.1%Private and other payors9.5 9.8 10.6 11.2 12.4 12.2 10.0 10.1 Medicaid58.1 58.4 59.5 60.4 59.1 60.1 58.5 58.8 TOTAL SKILLED NURSING100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% THE ENSIGN GROUP, INC.
UNAUDITED REVENUE BY PAYOR SOURCE
The following tables set forth our service revenue by payor source and as a percentage of total service revenue for the periods presented:
Three Months Ended June 30, 2026 2025 Revenue % of Revenue Revenue % of RevenueMedicaid(1)$566,819 39.6% $485,848 39.8%Medicare 339,650 23.7 291,117 23.8 Medicaid-skilled 80,664 5.6 75,207 6.2 Total Medicaid and Medicare$987,133 68.9% $852,172 69.8%Managed care 265,348 18.5 229,495 18.8 Private and other(2) 180,016 12.6 139,747 11.4 SERVICE REVENUE$1,432,497 100.0% $1,221,414 100.0% (1) Medicaid payor includes revenue for senior living operations.
(2) Private and other includes revenue for skilled services (private, Veteran Affairs and hospice payors), senior living and ancillary operations.
Six Months Ended June 30, 2026 2025 Revenue % of Revenue Revenue % of RevenueMedicaid(1)$1,110,269 39.4% $939,688 39.3%Medicare 675,479 24.0 578,868 24.2 Medicaid-skilled 155,902 5.6 144,758 6.1 Total Medicaid and Medicare$1,941,650 69.0% $1,663,314 69.6%Managed care 526,199 18.7 456,712 19.1 Private and other(2) 346,951 12.3 268,428 11.3 SERVICE REVENUE$2,814,800 100.0% $2,388,454 100.0% (1) Medicaid payor includes revenue for senior living operations.
(2) Private and other includes revenue for skilled services (private, Veteran Affairs and hospice payors), senior living and ancillary operations.
THE ENSIGN GROUP, INC.
UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL INFORMATION BY SEGMENT
(In thousands)
Skilled Services
The table below reconciles net income to EBITDA and Adjusted EBITDA for the skilled services reportable segment for the periods presented:
Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Statements of Income Data: Segment income(1)$179,621 $150,004 $353,638 $293,935 Depreciation and amortization 15,445 13,750 30,755 26,963 EBITDA$195,066 $163,754 $384,393 $320,898 Adjustments to EBITDA: Stock-based compensation expense 10,285 7,567 19,036 14,447 Gain on business interruption recoveries — (1,000) — (1,000)ADJUSTED EBITDA$205,351 $170,321 $403,429 $334,345 (1) Segment income reflects profit from operations before provision for income taxes and impairment charges from operations. General and administrative expenses are not allocated to the skilled services segment for purposes of determining segment profit or loss.
Standard Bearer
The following table sets forth details of operating results for our revenue and earnings, and their respective components, by Standard Bearer for the periods presented:
Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025Rental revenue generated from third-party tenants$6,348 $4,712 $11,618 $9,209Rental revenue generated from Ensign's independent subsidiaries 37,785 26,756 68,617 50,660TOTAL RENTAL REVENUE$44,133 $31,468 $80,235 $59,869Segment income(1) 12,070 9,126 22,879 17,709Depreciation and amortization 12,676 9,265 23,459 17,741FFO(2)$24,746 $18,391 $46,338 $35,450 (1) Segment income reflects profit from operations before provision for income taxes, excluding gain or loss from sale of real estate, insurance recoveries and impairment of long-lived assets. Included in Standard Bearer expenses for the three and six months ended June 30, 2026 is management fee of $2.6 million and $4.8 million, respectively, and interest of $14.1 million and $23.9 million, respectively, from intercompany agreements between Standard Bearer and the Company and its independent subsidiaries, including the Service Center. Included in Standard Bearer expenses for the three and six months ended June 30, 2025 is management fee of $1.9 million and $3.6 million, respectively, and interest of $9.0 million and $16.1 million, respectively, from intercompany agreements between Standard Bearer and the Company and its independent subsidiaries, including the Service Center.
(2) FFO, in accordance with the definition used by the National Association of Real Estate Investment Trusts, means net income attributable to common stockholders, computed in accordance with U.S. GAAP, excluding gains or losses from sale of real estate, insurance recoveries related to real estate and impairment of long-lived assets, while including depreciation and amortization related to real estate to earnings.
Discussion of Non-GAAP Financial Measures
Adjusted EBT consists of net income before (a) provision for income taxes, (b) stock-based compensation expense, (c) acquisition related costs, (d) costs incurred related to system implementations, (e) loss (gain) on long-lived assets and business interruption recoveries, and (g) amortization of patient base intangible assets. Adjusted net income consists of net income excluding (a) stock‑based compensation expense, (b) acquisition related costs, (c) costs incurred related to system implementations, (d) loss (gain) on long-lived assets and business interruption recoveries, (e) amortization of patient base intangible assets and (f) the income tax effect of these adjustments. Adjusted earnings per share consists of adjusted net income divided by the weighted‑average diluted shares outstanding for the applicable period. EBITDA consists of net income before (a) interest income, (b) provision for income taxes, (c) depreciation and amortization and (d) interest expense. Adjusted EBITDA consists of net income before (a) interest income, (b) provision for income taxes, (c) depreciation and amortization, (d) interest expense, (e) stock-based compensation expense, (f) acquisition related costs, (g) costs incurred related to system implementations, and (h) loss (gain) on long-lived assets and business interruption recoveries. Adjusted EBITDAR consists of net income before (a) interest income, (b) provision for income taxes, (c) depreciation and amortization, (d) interest expense, (e) rent-cost of services, (f) stock-based compensation expense, (g) acquisition related costs, (h) costs incurred related to system implementations, and (i) loss (gain) on long-lived assets and business interruption recoveries. Funds from Operations (FFO) for our Standard Bearer segment consists of segment income, excluding depreciation and amortization related to real estate, gains or losses from the sale of real estate, insurance recoveries related to real estate and impairment of long-lived assets. The Company believes that the presentation of adjusted EBT, adjusted net income, adjusted earnings per share, EBITDA, adjusted EBITDA and FFO provides important supplemental information to management and investors to evaluate the Company’s operating performance. Adjusted EBITDAR is a financial valuation measure that is not specified in GAAP. This measure is not displayed as a performance measure as it excludes rent expense, which is a normal and recurring operating expense. The Company believes disclosure of adjusted EBT, adjusted net income, adjusted net income per share, EBITDA, adjusted EBITDA, adjusted EBITDAR and FFO has substance because the excluded revenues and expenses are infrequent in nature and are variable in nature, or do not represent current revenues or cash expenditures. A material limitation associated with the use of these measures as compared to the GAAP measures of net income and diluted earnings per share is that they may not be comparable with the calculation of net income and diluted earnings per share for other companies in the Company's industry. These non-GAAP financial measures should not be relied upon to the exclusion of GAAP financial measures. For further information regarding why the Company believes that this non-GAAP measures provide useful information to investors, the specific manner in which management uses these measures, and some of the limitations associated with the use of these measures, please refer to the Company's periodic filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K and Quarterly Report on Form 10-Q. The Company’s periodic filings are available on the SEC's website at www.sec.gov or under the "Financials" link of the Investor Relations section on Ensign’s website at http://www.ensigngroup.net.
EverSource Wealth Advisors v rámci formuláře 13F přiznala expozici v XRP ETF, včetně 1 777 akcií ProShares Ultra XRP ETF a menší pozice ve Franklin XRP ETF. Zároveň drží 250 akcií Armada Acquisition Corp II (XRPN) spojeného s Evernorth Holdings.
In major XRP news today, $3.6 billion AUM EverSource Wealth Advisors has disclosed significant holdings in XRP ETFs along with investments in Bitcoin ETFs. The financial advisor also reported stock holdings in Evernorth Holdings’ SPAC, Strategy (MSTR), and other crypto stocks.
EverSource Wealth Advisors Reveals Exposure in XRP ETFs EverSource Wealth Advisors has disclosed exposure in multiple XRP ETFs, according to the latest 13F filing with the US SEC. The firm has joined other tradFi companies exploring crypto ETFs due to rising confidence amid growing regulatory clarity.
EverSource Wealth Advisors holds 1,777 shares of ProShares Ultra XRP ETF. In addition, the firm revealed small holdings in Franklin XRP ETF. The small position likely followed after Wall Street giants such as Bank of America’s XRP ETF exposure.
The financial advisor also disclosed 250 shares held in Ripple-backed Evernorth Holdings’ SPAC Armada Acquisition Corp II (XRPN) stock. The buy comes as Evernorth Holdings moved closer to a merger with Armada Acquisition Corp II, as CoinGape reported earlier.
Moreover, institutional interest in XRP is rising amid RWA tokenization, XRP Ledger (XRPL), and Ripple’s partnerships with Wall Street and global companies. Recently, Ripple launched Ripple Mint to enable institutions to mint, redeem, and manage RLUSD through APIs and web access.
Meanwhile, spot XRP ETFs saw net inflows of $8.15 million last week, according to SoSoValue data. As a result, the cumulative inflows to date have increased to $1.49 billion. Also, total assets under management across five XRP ETFs have reached $1 billion.
Holdings in Bitcoin ETFs, MSTR, Other Crypto Stocks Holding EverSource Wealth Advisors also revealed holdings in multiple spot Bitcoin ETFs including BlackRock Bitcoin ETF (IBIT), Fidelity’s FBTC, Ark 21Shares’ ARKB, Grayscale’s GBTC, and Bitwise’s BITB.
The firm holds 100,108 shares worth over $3.3 million in BlackRock Bitcoin ETF and 88,591 shares in ARKB. These two mark the firm’s largest holdings in spot Bitcoin ETFs.
In addition, EverSource has holdings in Strategy (MSTR), Trump family-backed American Bitcoin Corp (ABTC), Robinhood (HOOD), and other crypto stocks. Notably, the firm has 43,674 shares of MSTR and 16,355 STRK perpetual shares.
As CoinGape reported recently, Farmers & Merchants Investments disclosed XRP ETF, Bitcoin ETFs, and Robinhood holdings. ETF holdings 261 shares of BlackRock Bitcoin ETF and 475 shares of Robinhood Markets, according to the SEC filing.
While institutions purchase traditional shares, on-chain traders can access fractionalized equities directly through the best platforms to trade tokenized stocks.
XRP vzrostl o 0,69 % na 1,11 USD díky regulačnímu optimismu před možným hlasováním o CLARITY Act v týdnu od 3. srpna. Open interest v derivátech XRP stoupl na 2,43 mld. USD.
XRP price rose 0.69% to $1.11 as regulatory optimism and broader market gains supported demand. The global crypto market climbed 1.45% to $2.23 trillion, while Bitcoin reclaimed $65,000.
The Senate is now under review to pass the CLARITY Act by investors. A potential vote in the week of August 3 might influence the future trend of XRP in the short term and broader institutional trust in crypto markets within the global market.
Senate Unveils Unified CLARITY Act Draft Ahead of Possible August 3 Vote A revised proposal was issued by senators, combining ideas of the Banking and Agriculture committees. This is the first document that comes with an ethics provision. A motion to commence formal consideration can be received on Monday or Tuesday. Senate leaders could then schedule a floor vote during the week of August 3.
The bill aims at providing more transparent oversight guidelines to digital assets and other participants of the market. The advancement would enhance regulatory consistency among exchanges, issuers and investors and institutions in the United States.
A revised version of the Clarity Act has been released, combining the Senate Banking and Agriculture Committee texts and introducing an ethics provision for the first time, CoinDesk reports.
A motion to proceed is… pic.twitter.com/Vc3TNIHSQD
— Crypto Banter (@crypto_banter) July 27, 2026
XRP is also vulnerable to the legislative cycle since more transparent regulations can facilitate broader institutional involvement. Any delays or retracted agreements would undermine new ground.
Crypto Market Gains as Bitcoin Price Reclaims $65,000 The crypto market also improved as investors embraced regulatory developments and reduced tensions. Bitcoin price moved above $65,000 after its fourth consecutive weekly gain.
The United States and Iran paused attacks for a second day, pushing oil prices down 5%. Ethereum price ended at over $1,960 and XRP price at close to $1.10. The momentum indicators indicated a slight positive bias in assets.
Markets focused on the Federal Reserve’s July 29 decision. CME FedWatch assigned a 36.3% chance of a rate increase. The future action of XRP can be based on the Senate development, the stability of Bitcoin, and the information given by the Fed.
Source: CME data XRP Open Interest Reaches $2.43B as Derivatives Trading Accelerates XRP derivatives market showed increased trading volume with a total volume of 18.32% increasing to $1.28 billion. Open interest grew by 0.68% to become 2.43 billion, with a slight rise in active futures positions.
Options trading posted the largest percentage gain, climbing 96.23% to $2.90 million. Options open interest also advanced 3.45% to $67.88 million during the reporting period.
Source: Coinglass data Futures trading was still prevalent as the total open interest was much higher than the options market value. The figures indicated an increase in trading in XRP derivatives, but the volume increased at a rate higher than open interest.
XRP Price Prediction: Will a Break Above $1.12 Send XRP to $1.15? The XRP price has soared to $1.11 following the support level of $1.09 defended by the buyers in the recent four-hour session.
The Relative Strength Index was close to 50.85 which indicated balanced momentum with no overbought. Meanwhile, the MACD histogram changed to positive after the MACD line crossed the signal line.
The XRP price was trading close to $1.107, and it was above the critical level of $1.10 as it rebounded following the July 25 fall. Price action is currently under direct pressure at $1.12 that declined on numerous recovery efforts.
Tradingview A four-hour close higher than confirmed above $1.12 may kick off the move to the stronger $1.15 resistance area. The subsequent buying momentum can now focus on $1.16, to which the sellers just halted the last surge.
But the inability to hold onto $1.10 will leave XRP vulnerable to a fresh decline to $1.09 and 1.08. Further downward movement can put the area of support at $1.06 at the forefront.
Cadence Design Systems má po uzavření trhu zveřejnit výsledky za 2. čtvrtletí; analytici čekají EPS 2,06 USD a tržby 1,58 mld. USD. Loni to bylo 1,65 USD na akcii a 1,28 mld. USD.
Cadence Design Systems, Inc. (NASDAQ:CDNS) will release its second quarter earnings report after the closing bell on Monday, July 27.
Analysts expect the San Jose, California-based company to report quarterly earnings of $2.06 per share, up from $1.65 per share in the year-ago period. The consensus estimate for Cadence Design’s quarterly revenue is $1.58 billion. It reported $1.28 billion last year, according to Benzinga Pro.
On April 27, Cadence posted better-than-expected first-quarter earnings.
Cadence Design shares fell 1.3% to close at $326.24 on Friday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying CDNS stock? Here’s what analysts think:
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Stellar spustil veřejný analytický dashboard v reálném čase s Allium Labs, který ukazuje aktivitu sítě, transakce, smart kontrakty i poplatky. Analytik Javon Marks drží cíl pro XLM na 0,681 USD.
Stellar (XLM) is sustaining its upward trajectory following a breakout, as market analysts focus on further gains and buyers work to defend critical price levels. The recent launch of a real-time analytics dashboard by the Stellar network has further enhanced transparency, allowing detailed tracking of ecosystem activity and signals of network adoption.
XLM price outlook and analyst targetsXLM is currently trading at $0.1785, with a 24-hour transaction volume of $75.21 million and a total market capitalization of $6.1 billion. Despite a recent 2.4% decline, both the coin’s price structure and network data are viewed by analysts as supportive of a bullish reversal in the near future.
Crypto analyst Javon Marks continues to monitor XLM with a bullish perspective, maintaining a price target of $0.681. Reaching this level would represent a potential increase of more than 278% from the current trading price.
XLM has already climbed over 120% since leaving its previous resistance range, and buyers have consistently defended higher support levels, reinforcing the case for continued recovery.
Technical analysts note that the current period of consolidation for XLM could serve as a setup for an additional surge, should bullish momentum gather further strength.
If Stellar breaks through key resistance levels, the network’s price could move closer to the $0.681 target, aligning with ongoing growth in tokenization and blockchain adoption within its ecosystem.
MetricCurrent ValueTarget ValueXLM Price$0.1785$0.68124h Volume$75.21 million–Market Cap$6.1 billion–Dashboard launch and ecosystem transparencyStellar has recently unveiled a publicly accessible real-time analytics dashboard through a collaboration with Allium Labs. The dashboard allows anyone to monitor core network activity, including active user accounts, transaction numbers, smart contract executions, and fees as they occur.
A dedicated component of the dashboard is focused on real-world asset tokenization, providing issuer-specific details such as market capitalization and transaction volume for tokenized assets.
The dashboard builds on Allium’s analytics technology, which is designed for financial institutions and incorporates advances from companies such as Visa, Phantom, and a16z. The implementation underscores Stellar’s approach to transparency and its effort to drive broader blockchain adoption.
Mini dictionary: Allium Labs is a technology company specializing in blockchain analytics platforms for financial institutions, emphasizing transparency and regulatory compliance.
The new dashboard offers real-time public insight into every metric on Stellar’s network, including data related to active addresses, transaction volumes, smart contract operations, and network costs.
Market consolidation and future prospectsDespite optimistic forecasts and network growth, XLM continues to trade within a consolidation phase. However, broader market sentiment in the crypto sector has turned increasingly positive, potentially positioning XLM for a significant breakout if favorable conditions persist.
Analysts indicate that the next direction for Stellar will depend on its ability to maintain support levels and overcome key resistance points. A decisive move above these thresholds could drive the XLM price closer to the $0.681 mark, particularly as interest in tokenization rises and transaction volume increases.
Traders are closely watching volume and sentiment indicators as they monitor potential signals for the next major trend in XLM’s price action.
Overall, Stellar’s recent technology upgrade combined with robust analyst targets is drawing attention from investors and industry observers as the network seeks further traction in blockchain adoption and tokenization growth.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Gabelli Funds LLC v 1. čtvrtletí zvýšila podíl ve společnosti Huntington Bancshares o 56,1 % na 777 106 akcií. Banka zároveň oznámila zisk na akcii 0,39 USD a tržby 2,85 miliardy USD.
Gabelli Funds LLC boosted its holdings in Huntington Bancshares Incorporated (NASDAQ:HBAN – Free Report) by 56.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 777,106 shares of the bank’s stock after purchasing an additional 279,356 shares during the quarter. Gabelli Funds LLC’s holdings in Huntington Bancshares were worth $12,162,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the business. MV Capital Management Inc. purchased a new stake in shares of Huntington Bancshares in the fourth quarter valued at about $25,000. Palisade Asset Management LLC acquired a new stake in Huntington Bancshares during the 3rd quarter worth approximately $26,000. Centennial Bank AR purchased a new stake in shares of Huntington Bancshares during the fourth quarter worth approximately $28,000. Johnson Financial Group Inc. grew its position in Huntington Bancshares by 48.8% in the 1st quarter. Johnson Financial Group Inc. now owns 2,157 shares of the bank’s stock valued at $34,000 after buying an additional 707 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC raised its position in Huntington Bancshares by 80.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,226 shares of the bank’s stock worth $35,000 after buying an additional 994 shares during the last quarter. Institutional investors and hedge funds own 80.72% of the company’s stock.
Wall Street Analyst Weigh In Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. increased their price target on shares of Huntington Bancshares from $18.50 to $19.50 and gave the stock an “overweight” rating in a report on Monday, July 6th. UBS Group lifted their price target on Huntington Bancshares from $21.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Weiss Ratings upgraded Huntington Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, July 6th. Jefferies Financial Group set a $18.00 target price on shares of Huntington Bancshares in a research report on Thursday. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $19.00 price target (down from $21.00) on shares of Huntington Bancshares in a report on Friday. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $20.14.
Get Our Latest Research Report on HBAN
Huntington Bancshares News Summary Here are the key news stories impacting Huntington Bancshares this week:
Positive Sentiment: HBAN reported Q2 adjusted EPS of $0.39, matching Wall Street estimates, while revenue came in slightly ahead of expectations. Management also raised FY 2026 EPS guidance to $1.90-$1.93, above consensus, signaling confidence in continued earnings growth. Article Title Positive Sentiment: The bank highlighted growth in net interest income, fee income, loans, and deposits, which supports the view that core business trends remain healthy. Article Title Positive Sentiment: Huntington also announced a quarterly dividend of $0.155 per share, which may appeal to income-focused investors and reinforces capital return plans. Neutral Sentiment: Analysts remain broadly constructive, with consensus calling the stock a “Moderate Buy,” but several firms kept only an “equal weight” view. Neutral Sentiment: Morgan Stanley and Stephens both lowered their price targets to $19, while Robert W. Baird raised its target to $21 and kept an outperform rating, leaving the analyst message mixed overall. Negative Sentiment: Rising funding costs pressured Q2 margins, and higher expenses and provisions remain a headwind for profitability. Article Title Negative Sentiment: The recent pullback in analyst price targets may be limiting upside expectations, even after the earnings report. Insider Buying and Selling In other Huntington Bancshares news, Director James D. Rollins III sold 223,522 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $17.35, for a total transaction of $3,878,106.70. Following the sale, the director owned 612,155 shares in the company, valued at approximately $10,620,889.25. This represents a 26.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Marcy C. Hingst sold 10,568 shares of the firm’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $18.00, for a total value of $190,224.00. Following the transaction, the executive vice president directly owned 267,859 shares of the company’s stock, valued at $4,821,462. The trade was a 3.80% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have bought 25,029 shares of company stock valued at $464,980. Corporate insiders own 0.67% of the company’s stock.
Huntington Bancshares Stock Performance NASDAQ:HBAN opened at $17.36 on Monday. Huntington Bancshares Incorporated has a 52-week low of $14.89 and a 52-week high of $19.45. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.63. The stock has a fifty day simple moving average of $17.12 and a 200-day simple moving average of $16.93. The company has a market capitalization of $35.19 billion, a PE ratio of 13.46, a price-to-earnings-growth ratio of 0.78 and a beta of 0.93.
Huntington Bancshares (NASDAQ:HBAN – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The bank reported $0.39 EPS for the quarter, meeting analysts’ consensus estimates of $0.39. Huntington Bancshares had a net margin of 16.64% and a return on equity of 11.19%. The firm had revenue of $2.85 billion for the quarter, compared to analysts’ expectations of $2.84 billion. During the same period in the prior year, the company earned $0.34 EPS. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. On average, equities research analysts expect that Huntington Bancshares Incorporated will post 1.62 earnings per share for the current fiscal year.
Huntington Bancshares Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 17th will be paid a dividend of $0.155 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Thursday, September 17th. Huntington Bancshares’s dividend payout ratio (DPR) is 48.06%.
About Huntington Bancshares (Free Report)
Huntington Bancshares Incorporated (NASDAQ: HBAN) is a bank holding company headquartered in Columbus, Ohio, that provides a broad range of banking and financial services through its principal subsidiary, Huntington National Bank. The company’s operations are centered on retail and commercial banking, and it serves individual consumers, small and middle-market businesses, and institutional customers.
Huntington’s product offerings include traditional deposit and lending products, consumer and commercial loans, mortgage origination and servicing, auto financing, and business banking solutions.
Read More Five stocks we like better than Huntington Bancshares RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding HBAN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Huntington Bancshares Incorporated (NASDAQ:HBAN – Free Report).
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Brian Armstrong z Coinbase říká, že AI a krypto nejsou v souboji, ale se doplňují. Coinbase buduje infrastrukturu pro AI platby přes stablecoiny, včetně x402 a USDC.
Coinbase CEO Brian Armstrong is pushing back on the idea that artificial intelligence and crypto are locked in a zero-sum competition. Armstrong has argued the two technologies are better understood as complementary, with crypto set to become the financial backbone of an AI-driven economy.
Why AI Agents Need Crypto RailsAt the heart of Armstrong's argument is a structural problem. AI agents cannot open bank accounts because they cannot satisfy Know Your Customer requirements. Crypto wallets, generated from private keys without identity verification, have no such barrier. In Armstrong's framing, AI is the programmable intelligence and crypto is the programmable money, and together they form the foundation of a new economy.
According to Armstrong, stablecoin payments are not optional for AI agents. They are the only viable path. If the agentic economy scales the way Armstrong predicts, stablecoin transaction volumes could dwarf anything driven by human retail or institutional activity.
Coinbase Builds the InfrastructureCoinbase is not just making the argument in theory. Coinbase launched x402 in May 2025 as a way for APIs, apps, and AI agents to transact directly over HTTP using stablecoins. Settlement happens in about 200 milliseconds on Base with USDC at less than a fraction of a cent per transaction.
Adoption is broadening well beyond crypto. Core members of the x402 Foundation now include Google, Visa, AWS, Circle, Anthropic, and Vercel alongside the founding partners. AWS has integrated Coinbase's x402 payment protocol and wallet infrastructure into Amazon Bedrock AgentCore Payments, giving developers a managed way to build AI agents that can discover services, make micropayments, and complete tasks using USDC.
The protocol has processed 75 million transactions and $24 million in volume over 30 days. Agent-generated traffic has also overtaken human traffic on Coinbase's Base documentation pages for the first time, a milestone Coinbase points to as proof that adoption is accelerating. Together, Base, $USDC, and x402 form what Armstrong describes as the core stack for the next major evolution in finance.
Sources
Crypto Briefing: Coinbase CEO Brian Armstrong says AI enhances crypto's importance
Crypto Briefing: Coinbase and AWS bring USDC payments to enterprise AI agents
FinTech Weekly: Brian Armstrong says AI agents cannot open bank accounts
Entropy Technologies LP increased its stake in Range Resources Corporation (NYSE:RRC – Free Report) by 321.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,114 shares of the oil and gas exploration company’s stock after buying an additional 39,745 shares during the period. Entropy Technologies LP’s holdings in Range Resources were worth $2,355,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Boston Partners boosted its stake in Range Resources by 59.3% during the 3rd quarter. Boston Partners now owns 11,817,550 shares of the oil and gas exploration company’s stock valued at $445,196,000 after acquiring an additional 4,398,042 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Range Resources by 517.6% in the 3rd quarter. AQR Capital Management LLC now owns 2,440,277 shares of the oil and gas exploration company’s stock worth $91,852,000 after purchasing an additional 2,045,165 shares during the last quarter. UBS Group AG increased its position in shares of Range Resources by 66.3% in the 4th quarter. UBS Group AG now owns 3,588,540 shares of the oil and gas exploration company’s stock worth $126,532,000 after purchasing an additional 1,430,477 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Range Resources in the 1st quarter valued at about $64,481,000. Finally, Morgan Stanley raised its stake in shares of Range Resources by 54.1% in the 4th quarter. Morgan Stanley now owns 3,267,227 shares of the oil and gas exploration company’s stock valued at $115,202,000 after purchasing an additional 1,147,304 shares in the last quarter. 98.93% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes Several brokerages have recently commented on RRC. The Goldman Sachs Group reduced their price target on shares of Range Resources from $44.00 to $39.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 30th. Citigroup reissued a “neutral” rating on shares of Range Resources in a report on Thursday. Morgan Stanley cut their price objective on Range Resources from $50.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Monday, June 29th. Stephens increased their target price on Range Resources from $52.00 to $53.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, UBS Group decreased their target price on Range Resources from $49.00 to $44.00 and set a “neutral” rating for the company in a research report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $43.12.
Read Our Latest Report on RRC
Range Resources Stock Up 0.0% Shares of NYSE:RRC opened at $38.97 on Monday. The stock has a market capitalization of $9.11 billion, a price-to-earnings ratio of 10.77 and a beta of 0.41. Range Resources Corporation has a 1-year low of $32.60 and a 1-year high of $48.31. The company’s fifty day moving average is $38.23 and its two-hundred day moving average is $39.46. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.65 and a current ratio of 0.65.
Range Resources (NYSE:RRC – Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The oil and gas exploration company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.13. Range Resources had a net margin of 25.04% and a return on equity of 18.63%. The company had revenue of $759.58 million for the quarter, compared to the consensus estimate of $744.78 million. During the same period last year, the firm posted $0.66 EPS. The company’s revenue for the quarter was down 2.7% on a year-over-year basis. Equities analysts anticipate that Range Resources Corporation will post 3.49 EPS for the current year.
Range Resources Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were issued a $0.10 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a $0.40 dividend on an annualized basis and a yield of 1.0%. Range Resources’s dividend payout ratio (DPR) is currently 11.05%.
Range Resources Company Profile (Free Report)
Range Resources Corporation, headquartered in Fort Worth, Texas, is an independent energy company engaged in the exploration, development and production of natural gas, oil and natural gas liquids. The company focuses its core operations on the Appalachian Basin, with a significant presence in Pennsylvania’s Marcellus Shale. Through its drilling and completion activities, Range Resources seeks to optimize production efficiency while maintaining a disciplined approach to capital allocation and cost management.
The company’s technical expertise centers on advanced horizontal drilling and hydraulic fracturing techniques, which it applies to unlock unconventional resources.
Further Reading Five stocks we like better than Range Resources RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
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Bradley Foster & Sargent Inc. CT grew its stake in Equifax, Inc. (NYSE:EFX – Free Report) by 400.9% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 13,143 shares of the credit services provider’s stock after acquiring an additional 10,519 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Equifax were worth $2,367,000 as of its most recent filing with the SEC.
A number of other large investors also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. purchased a new position in Equifax during the 4th quarter valued at about $25,000. Ameriflex Group Inc. increased its stake in Equifax by 612.5% during the fourth quarter. Ameriflex Group Inc. now owns 114 shares of the credit services provider’s stock worth $25,000 after purchasing an additional 98 shares during the period. Reflection Asset Management purchased a new stake in Equifax during the fourth quarter worth about $26,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Equifax during the fourth quarter worth about $26,000. Finally, Lodestone Wealth Management LLC purchased a new position in shares of Equifax in the fourth quarter valued at approximately $29,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades A number of research analysts recently weighed in on EFX shares. Weiss Ratings upgraded shares of Equifax from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft set a $208.00 target price on shares of Equifax in a report on Wednesday. Rothschild & Co Redburn dropped their price target on shares of Equifax from $226.00 to $214.00 in a research note on Friday, May 8th. Barclays cut their price objective on Equifax from $215.00 to $200.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Finally, Morgan Stanley reduced their price objective on Equifax from $243.00 to $225.00 and set an “overweight” rating on the stock in a research note on Wednesday. Thirteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $215.79.
Get Our Latest Report on Equifax
Insider Activity at Equifax In other news, EVP Chad M. Borton sold 2,455 shares of the stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $173.89, for a total value of $426,899.95. Following the transaction, the executive vice president owned 29,518 shares in the company, valued at approximately $5,132,885.02. This represents a 7.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.70% of the company’s stock.
Equifax Trading Down 0.3% NYSE EFX opened at $172.08 on Monday. Equifax, Inc. has a 52 week low of $150.74 and a 52 week high of $271.84. The firm has a 50 day moving average of $165.98 and a two-hundred day moving average of $182.39. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.92. The stock has a market capitalization of $20.22 billion, a PE ratio of 30.24, a price-to-earnings-growth ratio of 1.39 and a beta of 1.32.
Equifax (NYSE:EFX – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.05. The business had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.70 billion. Equifax had a net margin of 10.73% and a return on equity of 21.61%. The company’s revenue was up 10.6% on a year-over-year basis. During the same period last year, the business earned $2.00 EPS. Equifax has set its Q3 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.390-8.690 EPS. As a group, research analysts expect that Equifax, Inc. will post 8.55 EPS for the current fiscal year.
Equifax Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 22nd were given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, May 22nd. Equifax’s dividend payout ratio is currently 39.37%.
Equifax Company Profile (Free Report)
Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.
The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.
Recommended Stories Five stocks we like better than Equifax RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding EFX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equifax, Inc. (NYSE:EFX – Free Report).
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Správce fondu vyzdvihl STRL a SITM jako méně známé AI akcie, které dál překonávají očekávání. Sterling Infrastructure v 1. čtvrtletí 2026 vykázala EPS 3,59 USD proti odhadu 2,17 USD a tržby se zvýšily o 39,8 % na 825,68 mil. USD.
Riding Fundamental Momentum“We’ve seen the price momentum pull back, and there’s a lot of doomers out there that think that’s the beginning of the end,” Nelson told Business Insider. “I’m not sure I’m there yet. The fundamental momentum of most of those AI infrastructure names is still very strong.”
CTSIX closed 2.37% lower on Friday, and it was down 8.65% over the last month and up 22.26% year-to-date.
Sterling InfrastructurePreparing land for data center construction, STRL is CTSIX’s third-largest holding, weighted at 3.18%. The company’s stock has risen 161.57% over the past 12 months.
“Someone’s got to clear the trees and make everything flat and build roads around what’s going to end up being a data center,” Nelson said. “These guys are the biggest company in the US that does this.”
As per Benzinga Pro earnings data validates his bullish stance: STRL posted a first quarter 2026 earnings surprise, delivering $3.59 EPS against a $2.17 estimate—a 65.4% beat—while revenue surged 39.8% to $825.68 million. Between August 2022 and May 2026, STRL raised its guidance outlook 14 times. — https://www.benzinga.com/quote/STRL/earnings-forecasts
STRL closed 7.86% lower on Friday at $660.94 per share, and it was down 23.79% over the last month and up 115.83% year-to-date.
SiTime CorpManufacturing silicon timing semiconductor chips, SITM is CTSIX’s fourth-largest holding, weighted at 3.09%. Shares of SiTime have gained 186.37% over the last 12 months.
“Most electronic devices need this technology,” Nelson said. “They’ve got fast growth, and they’re really good at managing expectations, and these are huge markets.”
Proprietary Benzinga Pro data demonstrates SITM repeatedly crushing expectations. In the first quarter of 2026, SITM reported an EPS of $1.44 versus $0.97 estimated, a 48.4% surprise, following a massive 155.9% EPS surprise in the third quarter of 2025.
SITM closed 3.81% lower on Friday at $554.46 per share, and it was down 19.93% over the last month and up 56.99% year-to-date.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Mid-America Apartment Communities zveřejní výsledky za 2. čtvrtletí po uzavření trhu ve středu; analytici čekají EPS 0,7590 USD a tržby 556,302 mil. USD.
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) is expected to be posting its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Mid-America Apartment Communities to announce earnings of $0.7590 per share and revenue of $556.3020 million for the quarter. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS. Investors can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $1.30. The business had revenue of $553.73 million during the quarter, compared to analyst estimates of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.Mid-America Apartment Communities’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.20 EPS. On average, analysts expect Mid-America Apartment Communities to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.
Mid-America Apartment Communities Stock Performance Shares of MAA stock opened at $133.82 on Monday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.13 and a current ratio of 0.13. Mid-America Apartment Communities has a 52 week low of $120.30 and a 52 week high of $152.35. The company’s 50 day moving average price is $134.76 and its two-hundred day moving average price is $131.82. The company has a market capitalization of $15.58 billion, a P/E ratio of 40.55 and a beta of 0.74.
Mid-America Apartment Communities Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a dividend of $1.53 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $6.12 annualized dividend and a dividend yield of 4.6%. Mid-America Apartment Communities’s dividend payout ratio is currently 185.45%.
Insiders Place Their Bets In other Mid-America Apartment Communities news, Director Tamara D. Fischer purchased 1,100 shares of the stock in a transaction on Thursday, May 21st. The shares were purchased at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the purchase, the director owned 1,100 shares of the company’s stock, valued at approximately $141,405. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.60% of the company’s stock.
Hedge Funds Weigh In On Mid-America Apartment Communities Large investors have recently modified their holdings of the business. Viking Global Investors LP bought a new stake in shares of Mid-America Apartment Communities during the 3rd quarter worth approximately $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Mid-America Apartment Communities by 621.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust’s stock valued at $168,805,000 after buying an additional 1,040,525 shares in the last quarter. Millennium Management LLC grew its stake in shares of Mid-America Apartment Communities by 3,129.2% in the fourth quarter. Millennium Management LLC now owns 738,065 shares of the real estate investment trust’s stock valued at $102,525,000 after buying an additional 715,209 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Mid-America Apartment Communities by 30.5% during the fourth quarter. JPMorgan Chase & Co. now owns 2,030,848 shares of the real estate investment trust’s stock worth $282,105,000 after buying an additional 474,989 shares during the last quarter. Finally, Balyasny Asset Management L.P. acquired a new position in Mid-America Apartment Communities during the second quarter worth $54,314,000. 93.60% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets A number of equities research analysts recently commented on the stock. Scotiabank raised their price objective on shares of Mid-America Apartment Communities from $129.00 to $137.00 and gave the stock a “sector underperform” rating in a report on Thursday, July 9th. Mizuho upped their target price on shares of Mid-America Apartment Communities from $148.00 to $152.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Jefferies Financial Group upgraded Mid-America Apartment Communities to a “hold” rating in a report on Wednesday, July 22nd. Piper Sandler boosted their price target on Mid-America Apartment Communities from $140.00 to $143.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Finally, Barclays upped their price objective on Mid-America Apartment Communities from $139.00 to $147.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 14th. Eight research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Mid-America Apartment Communities presently has a consensus rating of “Hold” and an average price target of $145.25.
Get Our Latest Stock Analysis on Mid-America Apartment Communities
Mid-America Apartment Communities Company Profile (Get Free Report)
Mid-America Apartment Communities, Inc (NYSE: MAA) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development, redevelopment and operation of multifamily residential properties. The company focuses on high-barrier-to-entry apartment communities, offering a mix of one-, two- and three-bedroom homes designed to meet the needs of diverse renter demographics. Its integrated business model encompasses property management, leasing, maintenance and customer service, providing residents with a comprehensive living experience under one ownership platform.
MAA’s portfolio comprises more than 100 communities and over 40,000 apartment homes across key Sun Belt markets.
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Spotové ETF navázané na Bitcoin, Ethereum, Solanu a XRP přilákaly za týden více než 152 milionů USD v čistých přílivech. Nejvíc přispěl Bitcoin, zatímco Solana a XRP dál postupně sbírají kapitál.
Spot ETFs tied to Bitcoin, Ethereum, Solana, and XRP collectively attracted more than $152 million in net inflows during the week of mid-July 2026. Bitcoin did the heavy lifting, as usual, but the quieter story is the steady capital trickling into newer products like Solana and XRP funds.
On July 21 alone, Bitcoin spot ETFs pulled in $203.2 million. Ethereum followed with $37.5 million, while Solana and XRP added $5.8 million and $5.66 million respectively, according to data tracked by SoSoValue.
Bitcoin still dominates, but the field is widening Bitcoin has had a spot ETF since 2024, giving it a massive head start in accumulating assets under management. Ethereum launched its own spot product the same year. Together, they account for the overwhelming majority of crypto ETF capital.
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Solana spot ETFs have now amassed over $1.14 billion in total inflows as of late July 2026.
XRP spot ETFs tell a similar story. Since launching in November 2025, these funds crossed $1 billion in cumulative inflows by the end of December 2025. The fact that positive inflows have continued well into 2026 suggests this wasn’t just a launch-day sugar rush.
What this means for investors Solana’s $1.14 billion in cumulative inflows positions it as a legitimate institutional-grade asset.
XRP’s rapid accumulation of over $1 billion in its first two months was notable in its own right. The token has historically carried regulatory baggage, but the existence of an approved spot ETF effectively signals that the regulatory cloud has cleared enough for major asset managers to participate.
The daily numbers fluctuate considerably, as the gap between Bitcoin’s $203.2 million single-day haul and Solana’s $5.8 million illustrates.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Preformed Line Products má ve středu před otevřením trhu oznámit výsledky za 2Q 2026. Analytici čekají zisk 2,41 USD na akcii a tržby 193,00 milionu USD.
Preformed Line Products (NASDAQ:PLPC – Get Free Report) is anticipated to announce its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect Preformed Line Products to post earnings of $2.41 per share and revenue of $193.00 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Friday, August 7, 2026 at 4:00 PM ET.
Preformed Line Products (NASDAQ:PLPC – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The technology company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $0.32. Preformed Line Products had a net margin of 4.92% and a return on equity of 8.96%. The firm had revenue of $176.28 million during the quarter, compared to analysts’ expectations of $178.00 million.
Preformed Line Products Stock Performance PLPC stock opened at $311.22 on Monday. Preformed Line Products has a 1-year low of $139.04 and a 1-year high of $414.35. The firm has a market cap of $1.52 billion, a P/E ratio of 44.78 and a beta of 0.88. The business’s 50 day moving average is $362.35 and its 200-day moving average is $309.62. The company has a current ratio of 3.01, a quick ratio of 1.78 and a debt-to-equity ratio of 0.07.
Preformed Line Products Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Wednesday, July 1st were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, July 1st. Preformed Line Products’s dividend payout ratio (DPR) is 12.09%.
Wall Street Analysts Forecast Growth A number of brokerages have weighed in on PLPC. Freedom Capital cut Preformed Line Products from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. Wall Street Zen upgraded Preformed Line Products from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Finally, Weiss Ratings cut Preformed Line Products from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Preformed Line Products has a consensus rating of “Hold” and an average price target of $275.00.
Read Our Latest Analysis on Preformed Line Products
Institutional Trading of Preformed Line Products Several hedge funds have recently modified their holdings of the company. Russell Investments Group Ltd. raised its stake in shares of Preformed Line Products by 2,562.5% in the third quarter. Russell Investments Group Ltd. now owns 213 shares of the technology company’s stock valued at $42,000 after acquiring an additional 205 shares during the last quarter. Tower Research Capital LLC TRC grew its position in Preformed Line Products by 199.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 299 shares of the technology company’s stock worth $48,000 after acquiring an additional 199 shares during the last quarter. Royal Bank of Canada increased its holdings in Preformed Line Products by 132.4% during the 4th quarter. Royal Bank of Canada now owns 251 shares of the technology company’s stock valued at $52,000 after purchasing an additional 143 shares in the last quarter. State of Wyoming acquired a new stake in Preformed Line Products during the 2nd quarter valued at $63,000. Finally, BNP Paribas Financial Markets raised its position in Preformed Line Products by 102.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 492 shares of the technology company’s stock valued at $97,000 after purchasing an additional 249 shares during the last quarter. Institutional investors and hedge funds own 41.19% of the company’s stock.
About Preformed Line Products (Get Free Report)
Preformed Line Products Company (NASDAQ: PLPC) is a global manufacturer of engineered solutions for electric, telecommunications and industrial infrastructure networks. The company designs, engineers and produces a broad portfolio of products, including preformed wire and cable fittings, anchors, suspension and tension clamps, splice closures and optical fiber hardware. These durable components support the installation, repair and maintenance of overhead and underground systems, helping utilities and contractors manage reliability and safety in demanding environments.
Founded in 1947 and headquartered in Mayfield Village, Ohio, Preformed Line Products operates manufacturing facilities and distribution centers across North America, Europe and the Asia Pacific region.
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Alphabet ve 2. čtvrtletí utratila za kapitálové výdaje 45 miliard USD a oznámila další závazky ve výši 811 miliard USD, hlavně na infrastrukturu a čipy. Firma zároveň zvýšila celoroční capex na 195 až 205 miliard USD.
Alphabet (GOOG +0.24%) (GOOGL +0.58%) has some investors worried about how much it's spending on artificial intelligence (AI). In its second-quarter report, the company said it had negative free cash flow for the first time since going public way back in 2004, after spending $45 billion on capital expenditures last quarter. That's double what it spent a year ago, and it plans to spend even more over the next few years.
Management raised its full-year 2026 capital expenditure budget to between $195 billion and $205 billion alongside the earnings release. It also said capex will "increase significantly in 2027." In fact, a brief note in the company's 10-Q filing with the SEC revealed that it's already committed to spending another $811 billion, mostly on artificial intelligence.
Image source: Getty Images.
Alphabet's going all-in on AI While it won't show up on the company's balance sheet, Alphabet disclosed that it had entered into purchase commitments and other contractual obligations totaling $811 billion as of the end of the second quarter. That's a huge increase from the $332 billion in commitments it had signed at the end of the first quarter.
These long-term supply agreements help it secure its chip supply, data center construction, and energy services. It may secure a guaranteed supply or favorable rates to lock in these take-or-pay contracts years into the future. The company said it expects to generally fulfill all of its agreements by 2030, while the energy service agreements range from two years to 26 years, with obligations through 2054. As such, investors can expect massive capital expenditures through at least 2030, with energy contracts in place to serve its growing portfolio of data centers for decades to come.
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It's a huge bet on the continued demand for AI compute. Management has good reason to make that bet confidently. It saw its remaining performance obligations climb to $520 billion as of the end of June. On top of that, Alphabet says it's facing a severe shortage of compute capacity as it takes on massive, multi-year deals. As a result, it's planning to increase its capacity through third-party providers as a bridge until it can build out more capacity. While that will result in a short-term margin hit, the long-term benefits outweigh the cost.
Additionally, Alphabet is ramping up the direct sales of its custom Tensor Processing Unit (TPU) systems. That requires additional commitments to its chip design partners to ramp up sales in 2027 and beyond. Its inventory notably jumped from $2.4 billion to $10 billion last quarter, and the potential sales of TPUs could be another significant driver of its long-term supply agreements.
While some investors may balk at the $811 billion headline figure, Alphabet is positioning itself to capitalize on the massive opportunity ahead. While it will weigh on its cash flow over the next few years, the core operations remain cash cows, and the cloud business is producing very strong returns on invested capital.
Zlato na začátku týdne vyskočilo asi o 1,5 % v asijském obchodování a znovu prorazilo nad 4 100 USD. Ustupující napětí mezi USA a Íránem oslabilo dolar a podpořilo cenu.
Gold was among the gainers at the start of the week, as the metal started trading on Monday with gap higher and advanced around 1.5% in Asian trading.
Softer rhetoric in geopolitical front, after US and Iran paused hostilities, opening way for potential diplomatic action, eased inflation concerns and deflated expectations for Fed rate hikes in coming months.
The action weakened the US dollar and provided fresh boost to gold price which probed again through $4100 barrier after the recent weakness found footstep above key $4000 support zone.
The price moved to the upper side of near-term $3950/$4200 range that boosts optimism, however, daily technical structure is improving but still fragile (the price needs to sustain gains above 20DMA ($4072 to keep slight bullish bias, underpinned north-heading 14-d momentum on track to break into positive territory).
In such scenario, $4200 upper breakpoint will remain exposed, with firm break here to generate initial reversal signal and formation of base.
Fundamentals need to remain in current mode (or improve further) to continue underpinning near-term action.
Initial support lays at $4072 (20DMA) followed by $4052 (10DMA) loss of which would hurt fresh bulls and risk retest of range floor.
Netflix za 12 měsíců klesl o 41 %, ale tržby dál rostou a provozní marže ve 2. čtvrtletí stoupla na 33 %. Firma zároveň zúžila výhled tržeb pro rok 2026.
Netflix (NFLX +1.73%), the streaming leader, has had quite an interesting year, to say the least.
Investors have watched the share price plummet some 41% over the past 12 months and 26% so far in 2026. The malaise has been punctuated by the failed bid to buy Warner Bros. Discovery (WBD -0.69%).
Last summer and fall, there was constant chatter that Netflix was the front-runner in the bidding war to acquire Warner Bros. Discovery (or rather, most but not all of its assets), but investors balked, thinking that Netflix was paying too much for assets that would be hard to integrate. There were also concerns that it would be saddled with debt, and that it would have to change its business model.
Then, when Paramount Skydance (PSKY -3.30%) swooped in with a large enough counter-bid to snatch Warner Bros. Discovery away from Netflix, some investors decried the loss of a potentially transformational purchase and asked, "OK, what's next?"
Image source: Getty Images.
Slowing revenue growth, rising margins Netflix has also dealt with declining revenue growth rates over the last few quarters. It grew 13% year over year in the second quarter, down from 16% in Q1 and 18% in Q4 2025.
Its guidance for Q3 calls for revenue of $13 billion, which would be 12% year-over-year growth. The company also narrowed its revenue forecast for 2026 to a range of $51 billion to $51.4 billion. The previous range was $50.7 billion to $51.7 billion.
On the other hand, viewership was up 2% in the first half of 2026, better than the 1.5% viewership growth rate in the first half of 2025.
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Further, its operating margin keeps rising. It was at 33% in Q2, up from 32% in Q1 and 24% in Q4 2025. The outlook calls for a 33% operating margin in Q3 and 31.5% for the year. That would be up from 29.5% in 2025.
The rising margins could have a lot to do with the growth of its higher-margin advertising sales. In 2026, Netflix expects to double its ad revenue to $3 billion.
It's time to buy I think the concerns are overblown. Netflix is still by far the streaming leader with the most hours of video watched and the most viewers.
Also, the company has lots of free cash flow. Netflix expects to have $12.5 billion in free cash flow in 2026, up from $10.1 billion in 2025. That provides solid ground on which to grow, possibly by getting more into streaming live TV events to boost engagement and ad revenue.
The slightly declining revenue growth rates and rising margins are signs of a maturing company -- and, in this case, one that remains the leader in its industry. The sell-off has brought down Netflix's valuation immensely. It is trading at just 21 times earnings, down from 63 times earnings a year ago. Its P/E ratio is at its lowest level in four years.
Wall Street is bullish on Netflix, with 68% of analysts rating it as a buy. Based on their median price target of $94.50, Netflix stock is expected to return about 37% over the next 12 months, so it looks like a strong buy right now.
CXMT po debutu v Šanghaji získala 8,6 miliardy USD, které mohou urychlit expanzi v DRAM a zvýšit tlak na ceny i marže Micronu. Analytici čekají, že její podíl na výrobě DRAM vzroste do konce roku 2028 zhruba na 18 %.
Micron faces a longer-term competitive challenge after CXMT’s Shanghai debut gave the Chinese memory-chip maker access to billions that could fund a rapid expansion in conventional DRAM.
MU closed at $920.95 on Friday, down 6.9%, before CXMT started trading on Monday.
CXMT opened 470% higher at 49.50 yuan, against an IPO price of 8.66 yuan, briefly lifting its valuation to about 3.3 trillion yuan, or $487 billion.
The company raised 57.92 billion yuan, or $8.6 billion, in Asia’s largest IPO of 2026.
The opening gain matters less for Micron than the capital behind it.
CXMT can use the proceeds to build factories, develop DRAM processes and support Beijing’s campaign to reduce China’s dependence on overseas memory suppliers.
Nomura initiated coverage with a Buy rating and a 116-yuan target based on 2028 earnings.
“The global supply of memory is unlikely to ease in the coming years,” analyst Donnie Teng wrote in a note.
The bank expects CXMT’s share of DRAM production to increase from about 10% to roughly 18% by the end of 2028.
Such growth would bring the Chinese producer closer to Samsung Electronics, SK Hynix and Micron, while giving it greater influence over industry supply.
CXMT’s first-day valuation does not make it Micron’s technological equal.
The more important signal is that public-market funding and government support could sustain several years of investment, even if memory prices and investment returns weaken during the next downturn.
SemiAnalysis estimates that CXMT’s production capacity could reach about 350,000 wafer starts per month by the end of 2026, only modestly below Micron’s estimated 385,000.
Ranked by wafer capacity, that would place CXMT close to becoming the industry’s third-largest supplier.
Most of CXMT’s output is directed towards conventional DDR and LPDDR memory used in smartphones, personal computers and mainstream servers.
These are markets where additional supply can influence prices more quickly than in technically demanding AI products.
That creates Micron’s hidden risk, as CXMT does not need to match Micron’s leading processes immediately.
Producing enough acceptable memory to replace imports in China and compete in price-sensitive markets could still pressure global commodity-DRAM prices, market share and margins.
Yet CXMT is not currently a low-cost rival.
SemiAnalysis estimates that its DDR5 cost per bit remains more than 30% above Micron, Samsung and SK Hynix. It said recent margin gains reflected unusually strong selling prices more than a structural improvement in manufacturing efficiency.
Micron remains better protected in high-bandwidth memory and data-centre DRAM, where qualification barriers, manufacturing complexity and customer relationships are stronger.
The company has said HBM4E development is progressing, with volume production expected in calendar 2027.
CXMT remains a small HBM supplier.
SemiAnalysis estimates that it held about 1% of global HBM wafer supply in 2025, but projects that share could reach 12% by 2028 as China channels more capacity towards domestic AI infrastructure.
Morgan Stanley analyst Joseph Moore recently described memory as becoming “increasingly THE bottleneck” for AI and agentic-computing systems.
That shortage supports Micron’s near-term pricing, earnings and capacity utilisation, making an immediate derailment of its AI-led cycle unlikely.
GBP/CAD se drží nad 1,8800 a trh čeká na rozhodnutí BoE, které může pár posunout zpět k 1,8900. Minulý týden skončil asi 0,4 % níže kvůli obavám o britské finance a dražší ropě.
GBP/CAD could recover towards 1.8900 this week, although the Bank of England decision, UK fiscal concerns and volatile oil prices will determine whether the rebound can hold. The Pound to Canadian Dollar exchange rate (GBP/CAD) opened the new week near CA$1.8820, having recovered from last week’s three-week low around CA$1.8740.
GBP/CAD nevertheless ended the previous week approximately 0.4% lower, as UK fiscal concerns weighed on Pound Sterling while rising oil prices supported the commodity-linked Canadian Dollar.
Latest — Exchange Rates:
Pound to Canadian Dollar (GBP/CAD): 1.8819 (+0.20%)
Euro to Canadian Dollar (EUR/CAD): 1.608296 (+0.35%)
Dollar to Canadian Dollar (USD/CAD): 1.4096 (+0.01%)
Image: GBP/CAD Technical Outlook Ahead of the Bank of England Decision Near-term momentum has improved after GBP/CAD moved back above the 1.8800 area.
The 15-minute chart shows the pair holding above its short-term moving average and session VWAP, while the relative strength index remains positive without signalling an extreme overbought position.
Initial resistance is located around 1.8830. A sustained break above this level could open the way towards 1.8870 and then the psychologically important 1.8900 area.
On the downside, 1.8800 is the first support to watch. A break beneath 1.8780 would weaken the recovery and expose last week’s low near 1.8740.
Near-Term GBP/CAD Forecast: Bank of England Holds the Key Thursday’s Bank of England decision will provide the week’s main test for Sterling.
The Bank is widely expected to leave interest rates unchanged at 3.75%, meaning the vote split, updated forecasts and guidance on future tightening will be more important than the decision itself.
At the previous meeting, two Monetary Policy Committee members voted for an immediate increase to 4.00%.
Further concern about the inflationary impact of elevated energy prices could therefore reinforce expectations that the Bank may raise rates later this year.
A relatively hawkish decision, particularly one that keeps a September increase under consideration, would support a GBP/CAD move through 1.8830 and towards 1.8900.
However, Pound Sterling could retreat if the Bank emphasises weaker growth, softer headline inflation or the risk that higher energy costs will damage demand rather than create persistent domestic inflation.
UK political and fiscal developments will remain an additional risk.
The Pound struggled last week after Prime Minister Andy Burnham appointed John Healey as Chancellor and investors questioned how the government’s proposed tax reductions would be funded.
This political uncertainty overshadowed stronger-than-expected UK retail sales and business activity figures, preventing Sterling from making a sustained recovery.
Oil Prices and Canadian GDP Could Support the Loonie For the Canadian Dollar, oil prices are likely to remain at least as important as domestic data.
Crude prices surged last week following attacks on Saudi tankers and infrastructure around the Red Sea, but fell sharply on Monday as a pause in US-Iran attacks encouraged hopes of renewed diplomacy.
Shipping disruption through the Bab el-Mandeb Strait means the risk premium has not disappeared, leaving CAD sensitive to further geopolitical headlines.
A renewed rise in Brent crude would probably favour the Canadian Dollar and could push GBP/CAD back towards 1.8780.
Conversely, a continued oil-price correction would remove an important source of CAD support.
Friday’s Canadian GDP report will provide the main domestic event.
Statistics Canada will publish May’s GDP figures alongside an advance estimate for June, following April’s 0.5% expansion.
Stronger growth would reinforce the downside risk for GBP/CAD.
Nevertheless, the central forecast is for the pair to remain supported above 1.8780, with a hawkish Bank of England outcome potentially driving a recovery towards 1.8870–1.8900.
POSCO International spustila s LG CNS pilotní projekt tokenizace obchodních pohledávek na blockchainu Injective, aby urychlila platby mezi svými globálními dceřinými společnostmi. Firma chce po testu přejít do plného provozu.
South Korea (Photo by Daniel Bernard on Unsplash)Summary
POSCO International is putting live trade receivables on the Injective blockchain in a pilot with LG CNS, aiming to speed up payments between its global subsidiaries.By placing receivables on a shared blockchain ledger, the companies aim to create a single, transferable record that embeds compliance rules and reduces reconciliation times for buyers, sellers and banks.The initiative, which POSCO plans to move into live production after the pilot, underscores South Korea’s growing corporate adoption of blockchain in areas such as trade finance, stablecoin-based treasury transfers and asset tokenization.POSCO International, South Korea's largest trading company, has begun tokenizing trade receivables on blockchain in a test that could speed up commercial payments between its global subsidiaries.
The company, which generated $22.2 billion in revenue last year from businesses spanning steel, energy and battery materials, is working with LG CNS, the technology arm of LG Group, to issue, transfer and settle receivables on layer-1 blockchain Injective INJ$4.9323, the firms told CoinDesk in a press briefing.
The pilot is using receivables generated by real trade between POSCO's overseas operations and their counterparties rather than simulated transactions.
Trade receivables represent money owed to a company after goods have been shipped but before payment is received. Today, those claims are typically tracked separately by buyers, sellers and banks, with reconciliation often taking days before cash can be released.
The companies said putting receivables on a shared blockchain ledger creates a single record that can be transferred and settled while carrying compliance rules with the asset itself.
"This PoC is significant in that it validated the applicability of AI and blockchain technology based on real trade data and processes," a POSCO International spokesperson said. The firm said it plans to expand the initiative into live production after completing the pilot later this year.
Tokenization expands beyond funds and stocksMuch of the industry's recent attention has centered on tokenizing funds and equities. Asset managers including BlackRock, Franklin Templeton, Apollo, Fidelity, Janus Henderson and Mubadala Capital have all brought funds onchain, betting blockchain infrastructure can streamline issuance, settlement and collateral management. The market for tokenized assets has grown rapidly in the past years to the current size of $35 billion, while Citi estimates the market could reach $5.5 trillion by 2030.
Trade finance is as another promising use case. Receivables represent real commercial obligations between businesses, allowing companies to move working capital more efficiently on blockchain rails while giving banks and financing partners a shared view of the asset.
South Korea has become one of the more active markets for corporate blockchain adoption. Earlier this month, carmaker Hyundai has begun using stablecoins for internal treasury transfers between its U.S. and Mexico operations, while stablecoin issuer Circle recently partnered with Kakao Group and Toss Bank to explore stablecoin payment infrastructure.
With the test on Injective, POSCO and LG CNS are extending that push into global trade finance. LG CNS has previously worked on the Bank of Korea's central bank digital currency pilot and operates tokenization platforms for KOSCOM and Mirae Asset Securities.
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Crypto Flows, Share and the Selective Rotation
Crypto Flows, Share and the Selective Rotation
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Jul 22, 2026
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters:
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
EUR/USD zůstává pod tlakem a vstupuje do posledního týdne července na úrovni 1,1369, přičemž se drží poblíž měsíčních minim. Trh dál počítá alespoň s jedním zvýšením sazeb Fedu do konce roku, zatímco silná americká data podporují dolar.
EUR/USD enters the final week of July at 1.1369. Friday's modest decline in energy prices reduced expectations that the Federal Reserve could raise rates as early as its upcoming meeting, scheduled for Tuesday and Wednesday.
At the same time, the main currency pair remains very close to the monthly low recorded in late June. Markets continue to price in at least one Fed rate hike before the end of the year.
Inflation risks have risen following a renewed escalation in the US–Iran conflict. Restrictions on the movement of energy tankers in the Persian Gulf and the Red Sea have pushed oil and fuel prices higher.
Additional support for the dollar is coming from strong US economic data. S&P PMIs showed the fastest pace of private business activity growth this year. Meanwhile, the number of initial jobless claims fell at the fastest pace in nearly six decades, confirming the resilience of the labour market.
Technical analysis
On the H4 chart of EUR/USD, the market has formed a consolidation range around the 1.1389 level, currently extending between 1.1336 and 1.1413. This range is nearing completion. An upside breakout would suggest a corrective move towards 1.1420, followed by a decline to 1.1313. A direct downside breakout would open the way for a move to 1.1313. The MACD indicator supports this scenario, with its signal line below zero and pointing firmly downwards, reflecting continued bearish momentum.
On the H1 chart, the market has completed an upward move to the 1.1414 level. A consolidation range is currently forming below this level. Today, a move lower to 1.1390 is expected, followed by a move higher to 1.1420, and then a decline to 1.1370, with scope for the trend to extend to 1.1313. The Stochastic oscillator confirms this scenario, with its signal line below 80 and pointing downwards towards 20, indicating increasing short-term downside pressure.
ConclusionEUR/USD remains under pressure as it approaches the final week of July, hovering near monthly lows. The modest retreat in energy prices at the end of last week briefly reduced expectations of an immediate Fed rate hike, but markets continue to price in at least one increase before the end of the year. Renewed US–Iran tensions and supply disruptions in the Persian Gulf and the Red Sea have pushed oil prices higher, reinforcing inflation risks. Strong US economic data – including robust PMI readings and a sharp decline in jobless claims – continue to support the dollar. Technically, the pair may see a temporary corrective move towards 1.1420, but the broader bearish structure remains intact, with downside potential towards 1.1313. The Federal Reserve meeting this week will be the key catalyst.
Colt CZ dodá černohorským ozbrojeným složkám produkty společností Česká zbrojovka, Sellier & Bellot a 4M Systems na základě implementačního ujednání k mezivládní dohodě o spolupráci v oblasti obrany mezi Českou republikou a Černou Horou. Zakázka se zaměřuje především na útočné pušky CZ BREN 3, pistole, samopaly, odstřelovací pušky, související vybavení a různé druhy malorážové munice.
Skupina Colt CZ oznámila, že na základě implementačního ujednání k mezivládní dohodě o spolupráci v oblasti obrany mezi Českou republikou a Černou Horou dodá černohorským ozbrojeným složkám produkty společností Česká zbrojovka, Sellier & Bellot a 4M Systems.
Zakázka se zaměřuje především na dodávky útočných pušek CZ BREN 3, pistolí, samopalů, odstřelovacích pušek, souvisejícího vybavení a různých druhů malorážové munice.
„Jsme rádi, že se můžeme stát partnerem další členské země NATO při modernizaci jejích ozbrojených sil. Zároveň nás těší, že puška CZ BREN 3 bude nově zavedena do výzbroje členského státu Aliance. Vnímáme to jako potvrzení důvěry v kvalitu našich výrobků i v český obranný průmysl,“ uvedl generální ředitel Colt CZ Group Radek Musil.
Akcie Colt CZ Akcie Colt CZ (BAACZGCE) dnes na pražské burze rostou o 0,23 % na 884 Kč, na RM-SYSTÉMu pak posilují o 0,46 % na 882 Kč.
