Track market-moving stories before they get noisy

Key Takeaways Denali gained 59.4% YTD as Avlayah approval marked its shift to a commercial-stage company.DNLI will receive $195 million from selling its Rare Pediatric Disease Priority Review Voucher.DNLI regained full rights to DNL593 after Takeda ended the partnership for strategic reasons. Denali Therapeutics, Inc. (DNLI - Free Report) has put up a stupendous year-to-date performance. Shares of the company have surged 59.4% year to date compared with the industry’s growth of 5.9%. The stock has outperformed the sector and the S&P 500 Index during this time frame.

The rally is largely attributed to investor optimism surrounding FDA approval of its lead drug, Avlayah, for the treatment of Hunter syndrome, as well as other regulatory updates.

DNLI Outperforms Industry, Sector & S&P 500 Index
Image Source: Zacks Investment Research

While the approval serves as a major catalyst, a deeper assessment of the company's growth drivers and potential risks will be essential to determine whether current levels represent an attractive entry point.

Avlayah Approval Positions DNLI for Long-Term UpsideAvlayah is an enzyme replacement therapy indicated for pediatric patients with Hunter syndrome (MPS II), targeting neurological symptoms when initiated early.

Developed by Denali, Avlayah is enabled by its TransportVehicle platform, which facilitates delivery of biologics throughout the body, including the brain.

Approval was based on strong biomarker data, showing a 91% reduction in cerebrospinal fluid heparan sulfate levels, a key disease marker.

This accelerated approval is particularly noteworthy as it introduces the first new therapeutic option for this rare disorder in nearly two decades. The continued approval for this indication may be contingent upon verification of clinical benefit in a confirmatory study.

Denali’s ongoing global phase II/III COMPASS study is expected to provide confirmatory data and support regulatory filings for tividenofusp alfa-eknm worldwide, including in young adult patients with Hunter syndrome.

The approval came with a Rare Pediatric Disease Priority Review Voucher (“PRV”).

Last month, DNLI entered into a definitive agreement to sell its PRV, which is expected to generate gross proceeds of $195 million.

The added financial flexibility will help advance Denali’s broad TransportVehicle-enabled clinical portfolio for lysosomal storage disorders and neurodegenerative diseases.

DNLI’s Other Pipeline CandidatesDenali's clinical-stage portfolio includes DNL126 for Sanfilippo syndrome type A (MPS IIIA), DNL593 for GRN-related frontotemporal dementia, DNL952 for Pompe disease and DNL628 for Alzheimer's disease.

Denali is also advancing several early-stage pipeline candidates, including DNL921 for Alzheimer's disease, DNL111 for Parkinson’s and Gaucher diseases, DNL622 for Hurler syndrome (MPS I), and DNL422 (OTV) for Parkinson’s disease.

Denali has also collaborated with other pharma and biotech giants like Sanofi (SNY - Free Report) , Biogen (BIIB - Free Report) and Takeda (TAK - Free Report) to develop other candidates.

In May 2026, Denali and partner Biogen announced disappointing top-line results from a mid-stage study evaluating BIIB122 (DNL151) in individuals with early-stage Parkinson’s disease. The study did not meet its primary or secondary endpoints.

Biogen and Denali have discontinued the development of BIIB122 in idiopathic Parkinson’s disease.

Nonetheless, Denali will continue to independently advance the phase IIa BEACON study evaluating the small-molecule inhibitor in patients carrying pathogenic LRRK2 variants.

Partner Sanofi is developing eclitasertib for moderate-to-severe ulcerative colitis.

In April 2026, Denali announced that partner Takeda decided to terminate their collaboration for DNL593 (PTV:PGRN) in frontotemporal dementia associated with GRN mutations (FTD-GRN).

The termination returns full rights to the program to Denali. According to DNLI, Takeda's decision was driven by strategic priorities rather than any efficacy or safety concerns.

However, Takeda’s exit may raise concerns. Even though the decision was not tied to safety or efficacy, the loss of a large pharma partner removes external validation and shared financial burden.

Denali’s Valuation and EstimatesGoing by the price/book ratio, DNLI’s shares currently trade at 4.51X, higher than its mean of 3.02X for the industry and the industry’s mean of 3.64X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for 2026 loss per share has narrowed to $2.77 from $2.90 over the past 60 days, while that for 2027 loss has narrowed to $2.53 from $2.69 in the same time frame.

Image Source: Zacks Investment Research

Invest in DNLI Stock NowThe approval of Avlayah represents Denali’s transition into a commercial-stage company and a potential inflection point in its long-term growth trajectory. As its first marketed product, Avlayah introduces a new revenue stream, though the pace and scale of commercialization will be critical in determining its ultimate financial impact.

Beyond near-term revenues, the approval also validates Denali’s proprietary TransportVehicle platform, which is designed to enable biologic therapies to cross the blood-brain barrier — an area that has historically posed significant challenges.

On the financial front, Denali appears well capitalized, ending the first quarter with approximately $1.05 billion in cash and investments. This provides sufficient runway to support ongoing clinical development and strategic initiatives. Narrowing loss estimates indicate improving investor sentiment and a clearer path toward operational leverage.

The sale of PRV provides a significant non-dilutive capital infusion, strengthening the company’s balance sheet without requiring an equity raise.

We remain bullish on the stock's prospects and believe it offers additional upside potential. Accordingly, we view the shares favorably for prospective investors, while existing shareholders may consider maintaining their positions to capitalize on further growth opportunities.

The AI infrastructure boom is still in its early days. Alphabet (GOOG 2.04%) (GOOGL 1.89%) has initiated an $84.75 billion equity capital raise "to expand AI infrastructure and compute," while Amazon (AMZN 1.23%) more recently issued over $25 billion in corporate bonds for AI investments.

All that money has to go somewhere, and some of it can flow into Sterling Infrastructure's (STRL 2.03%) coffers. The construction company has turned into a top AI data center builder, and as demand for those facilities rises, Sterling Infrastructure will continue to build on its backlog.

Image source: Getty Images.

The e-infrastructure opportunity Sterling Infrastructure is a site development specialist for residential and commercial properties. It also helps with transportation infrastructure, which includes highways, roads, and bridges. Those parts of the business had moderate growth in the first quarter, but they were completely overshadowed by e-infrastructure.

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That's the part of the business that's focused on AI data centers, e-commerce warehouses, and advanced manufacturing facilities. Its revenue was up by 174% year over year in the quarter, and a $5.15 billion backlog offers clear revenue visibility for multiple years. Sterling Infrastructure was recently awarded a contract to develop a large, multi-year semiconductor fabrication campus. The company has secured the initial developmental phase of that project and could end up building the entire facility.

AI infrastructure demand won't be slowing down anytime soon. Alphabet and Amazon are going deep into their pockets and raising capital to build more sites and buy key components that enable AI technology. E-infrastructure has served as a major catalyst, and if its revenue continues to accelerate, overall sales will go up with it.

Assessing the 30% drop Although Sterling Infrastructure enjoys solid fundamentals and AI spending continues to climb, the stock is down by more than 30% from all-time highs. Furthermore, it's down by more than 20% over the past month. This isn't a Sterling Infrastructure problem, since many AI stocks have endured sharp corrections over the past month.

Even Micron (MU +0.93%) wasn't safe. More than quadrupling revenue year over year wasn't enough for the company to avoid a 20% downturn in less than two weeks.

The fact that many AI stocks and tech companies are in the middle of corrections indicates that Sterling Infrastructure is not suffering from company-specific issues. Its fundamentals are improving despite the sell-off, and investors will soon pick up on that opportunity.

Sterling Infrastructure's full-year revenue projections also point to meaningful expansion. It's expected to reach $3.75 billion in total revenue at the midpoint, which represents a 50.6% year-over-year growth rate from the $2.49 billion in total revenue in full-year 2025.

While some investors are cashing out, others can benefit by investing in the dip and capitalizing on long-term AI tailwinds at a discount.

Marc Guberti has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, Micron Technology, and Sterling Infrastructure. The Motley Fool has a disclosure policy.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

SanDisk (NASDAQ:SNDK | SNDK Price Prediction | SNDK Price Prediction) has become the strangest stock in the S&P 500. Shares are up 634.87% year to date, dwarfing the 67.8% gain on the VanEck Semiconductor ETF. Behind the move is a genuine business transformation.

Q3 FY26 revenue hit $5.95 billion, up 251.03% year over year, with datacenter revenue exploding 645%. CEO David Goeckeler called it “a fundamental inflection point for Sandisk”. Can SanDisk shares reach $2,500 by 2027? There is a real path, but it is not a straight line.

Why SanDisk Shares Have Stalled This Summer The stock is down 14.92% over the past week despite being up 11.87% over one month.

Two factors are at play. First, a broader semiconductor sell-off tied to South Korean semiconductor weakness jolted the group in late June. Second, investors are booking profits after one of the sharpest rallies in memory-chip history.

Alpha Vantage flagged “SanDisk Slides as Chip Sell-Off Jolts Investors” and questioned whether the name is overbought at a trailing P/E of 60. Beta sits at 1, but realized volatility is much higher given the 52-week range from $40.10 to $2,354.39. That disconnect is keeping shares stuck.

Wall Street Sees Upside. Our Model Wants Proof The Street is decisively bullish. The consensus 12-month target is $1,930.50, with 3 Strong Buys, 15 Buys, 3 Holds, and 1 Sell. Bulls have gone further: Bernstein moved to $3,000 and China Renaissance reached $3,169. Our model is more cautious.

The one-year base case sits at $1,642.21, a total return of -5.86% with 90% confidence, driven by a mega-cap dampening factor. The bull case reaches $2,417.53. Earnings growth is contributing positively to the 247Factor, and 82% of analysts are bullish. That is a meaningful signal.

The Path to $2,500 Per Share Reaching $2,500 from today’s price of $1,744.43 would require a 43.3% gain. With forward EPS of $32.68, a price of $2,500 implies a forward P/E of 77x. Our base case of $1,642.21 already implies 56x, meaning the bold target requires roughly 20x of additional multiple expansion.

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That is steep. But three things could get it done. Q4 FY26 guidance calls for revenue of $7.75B to $8.25B and non-GAAP EPS of $30 to $33. If those numbers hit, forward EPS will re-rate sharply higher and the implied multiple compresses.

Second, the New Business Model is real. Goeckeler said multi-year customer commitments are “driving structurally higher and more durable earnings power”.

Third, on July 3, 2026, SanDisk began sampling BiCS10 1Tb TLC 3D NAND with a 59% improvement in bit density, positioning the company inside the AI memory buildout. A resurgence of the sector sell-off is the primary risk.

Where SanDisk Trades Today Versus Its Earnings Power At $1,744.43, shares trade at a forward P/E of roughly 53x on $32.68 forward EPS. That is not cheap, but not absurd for a company printing 78.4% gross margins with a zero-debt balance sheet and $2.99 billion in quarterly free cash flow.

Shares sit 18% below the 52-week high, well within reach on any renewed NAND cycle. Since separating from Western Digital, SNDK has rallied over 3,489%. That history sets a wide range of possible outcomes.

Is $2,500 Realistic? Here’s My Take Getting SanDisk to $2,500 by 2027 requires a 43.3% gain from here. I think that is a stretch, but not a long shot.

Three things need to go right: Q4 EPS lands at the high end of guidance near $33, the New Business Model contracts continue accumulating, and the structural memory undersupply extends through 2027 as Bank of America expects. A pricing crack in NAND would derail it fast. We’ve outlined the blueprint for how SanDisk could reach $2,500 in 2027.

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Meta’s AI glasses have a growing reputation as a creepy technology. The company hopes to change that opinion by announcing an update that will disable the camera if the LED light that indicates the glasses are recording has been tampered with.

The move is seemingly a concession to consumer sentiment that the glasses aren’t just fun, fashionable accessories, happily promoted by Kylie Jenner, but have serious implications for consumer privacy: They can be abused as surveillance devices.

Yet, even as Meta touts the new safeguard this week, the company is also pushing products and features that ask users to surrender more of their privacy to the company.

Whether that’s training its AI on your images, enabling AI features using your personal content unless you opt out, or exploring ways to continuously record or use biometric facial recognition, Meta’s vision of the future seems to always depend on collecting more of your personal data.

In its blog post about the new camera safety feature, the company pats itself on the back, noting that “no other kind of camera has done this and we’re proud to lead the industry effort.” However, Meta also admits that the move was necessary because some people had been using tape to cover the LED light, which had already forced Meta to adapt its tech to disable recording when the LED is blocked.

Determined, those same AI glasses creeps would then use “sophisticated efforts to modify or destroy the capture LED,” Meta’s announcement explains.

In other words, Meta is confirming that some people who use AI glasses have hidden agendas — namely a desire to record situations or people (often women) without their consent.

Despite this, the company is reportedly testing a prototype of AI glasses that would “continuously collect audio while taking photos every few seconds,” sources recently told Financial Times.

Meta’s blog post about the glasses feature attempts to assuage people’s fears about the devices’ privacy by answering questions like “who can see the photos and videos I take on my glasses?” Meta answers by promising, “You, and only you — unless you choose to share them.” Yet, Meta’s privacy policy has explained that any image you share with Meta AI can be used to train its AI.

Image Credits:Meta (screenshot of privacy policy on July 8, 2026) All the while, the company is facing multiple investigations and lawsuits over Meta AI glasses privacy violations. One lawsuit comes after Meta notably canceled a contract with an outsourced tech firm after some of its Kenyan workers alleged they had to view graphic content, like sex, nudity, and people using the toilet, while training Meta’s AI using people’s Meta AI glasses’ videos.

These are hardly Meta’s first scrapes with privacy violations or safety measures, either.

Arguably, Meta’s reputation on privacy has been tainted for years after numerous leaks and lost lawsuits about its alleged lack of child safety measures and desire for growth at all costs. There are books by whistleblowers documenting its alleged abuses, not to mention previous large-scale privacy disasters, like the Cambridge Analytica data scandal and others.

After the 2018 Cambridge Analytica scandal, Meta now insists on its Privacy Progress Update page, “Since 2019, we’ve invested significantly in people, products, and technology to continue to evolve our rigorous privacy program.”

Still, the company plows forward with what many people would consider privacy-violating ideas. Case in point: On the same day it announced the Meta glasses’ new safeguard, it shared that Meta AI can now use anyone’s public Instagram photos to make AI images, unless you opt out.

It also built features to use Meta AI on images in your Camera Roll you’ve never shared and implemented such poor privacy controls in its Meta AI app, leading users to essentially dox themselves by revealing their embarrassing searches.

This is the same company that Apple wouldn’t partner with due to privacy concerns, that records its employees’ keystrokes to train its AI, and that plans to sell targeted ads based on data in your AI chats.

So, while an LED safeguard on AI glasses might be a necessary feature, consumers clearly still have many reasons to remain distrustful of how social media will use their images and data, especially in its broader AI plans.

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Sarah has worked as a reporter for TechCrunch since August 2011. She joined the company after having previously spent over three years at ReadWriteWeb. Prior to her work as a reporter, Sarah worked in I.T. across a number of industries, including banking, retail and software.

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Tesla (TSLA 2.93%) stock is down about 7% on the year and off more than 15% from its 52-week high, as of this writing. However, things could be looking up after a dose of good news to start the month.

First, the company announced that it had delivered 480,126 vehicles in the second quarter. This was well above the 406,000 deliveries expected by analysts, as compiled by StreetAccounts. That was also much higher than the approximately 384,000 vehicles it delivered in Q2 of last year. The outperformance appears to be largely driven by Europe, with Deutsche Bank forecasting a 40% increase in the region during the quarter. Cox Automotive, meanwhile, estimated that U.S. deliveries dropped 20%.

Image source: The Motley Fool.

After the Fourth of July holiday weekend, Tesla announced on social media platform X that its robotaxi services were now available in Miami. According to Electrek, these services are only available in a small zone, with no service in areas like downtown Miami, the airport, and most of Miami-Dade County.

The improvement in deliveries is good news for Tesla, as its primary electric vehicle business has been struggling. However, it is still facing headwinds in the U.S. (loss of the federal EV tax credit) and in China (fierce competition), and the uptick in Europe could have stemmed largely from higher gas prices following the closure of the Strait of Hormuz. Because of this, there is no guarantee that this uptick is sustainable, and it may be more of a one-off pickup in demand.

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Meanwhile, much of Tesla's valuation is still tied to its robotaxi ambitions. While it is encouraging that the company is expanding beyond Austin, the area it is operating in around the Miami area is still very geofenced. At the same time, the company's operations in Austin remain a work in progress, with Electrek reporting that it only has around 14 unsupervised robotaxis in operation, down from a peak of 25 vehicles.

The reason for the slow expansion appears to be safety concerns. The NHTSA (National Highway Traffic Safety Administration) has reported several crashes, while independent data points to Tesla's robotaxis having a crash rate almost four times that of human drivers. While Tesla's camera-only tech is cheaper and would give it a cost advantage, its safety record is worse than the records of competitors, such as Alphabet's Waymo, that use lidar.

With the stock trading at a forward price-to-earnings of nearly 200 times and still struggling with its robotaxi ambitions, I'd stay on the sidelines. However, I think a potential acquisition by SpaceX likely limits some of the downside in the stock.

Microsoft (MSFT 1.34%) stock fell after the company announced layoffs in its Xbox unit. Despite double-digit increases in revenue during the third quarter of fiscal 2026 (ended March 31), revenue in its Xbox unit decreased by 5% annually in that quarter, likely drawing attention to that segment.

The restructuring announcement is likely welcome news after the recent drop and could improve the company's financial performance. Nonetheless, investors should probably not expect a dramatic recovery in the tech stock because of this move. Here's why.

Image source: The Motley Fool.

Microsoft's ongoing struggles Admittedly, the Xbox unit looks like the obvious target for a restructuring, as it was Microsoft's worst-performing unit. Also, the division that oversees the Xbox unit, "More Personal Computing," reported a 1% annual decrease in revenue in fiscal Q3, even as Microsoft's overall revenue rose by 18% during the quarter.

To get Xbox on track, Microsoft is laying off 4,800 employees, a 2.1% reduction in its overall workforce. Also, four studios will go independent. It is quite possible these moves will stem the revenue declines for both Xbox and More Personal Computing overall.

Moreover, the company's P/E ratio has fallen to 23, just above multiyear lows. That arguably makes it a deep value stock, increasing the odds of a turnaround in Microsoft's stock price.

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Unfortunately for investors, the cloud has long driven the growth in Microsoft stock. Since Microsoft Cloud revenue increased by 29% over the last year, one might think the stock should be surging.

However, the earnings report glosses over challenges the company has faced with AI. Like its peers, Microsoft has spent heavily on capital expenditures (capex), allocating over $80 billion in the first nine months of fiscal 2026.

Unfortunately, Microsoft has relied heavily on OpenAI, which has burned cash at an alarming rate. Also, with around 45% of Microsoft's $627 billion backlog tied to OpenAI, Microsoft faces significant uncertainty.

Additionally, adoption of Copilot, Microsoft's AI-powered assistant, has underwhelmed the market with only about 4.7 million paid subscriptions in fiscal Q2, less than the 9 million for ChatGPT. This calls into question whether it can compete with OpenAI or peers such as Anthropic's Claude or Gemini, developed by Google parent Alphabet.

That factor also makes it less likely investors are watching the Xbox unit closely, which could mean the restructuring may go unnoticed.

Expect few changes in Microsoft stock Ultimately, restructuring the Xbox unit is unlikely to help Microsoft's stock.

On the surface, addressing the worst-performing business unit could make its financials appear more sound. Amid the company's falling P/E ratio, such a move should reduce stock losses.

Unfortunately, the company's deepest struggles with Microsoft's stock appear to stem from its AI performance relative to competitors'. Even though its AI adoption has grown, it appears that growth has lagged that of Anthropic or Google. That makes it increasingly likely that Microsoft will need to address that competitive gap for the stock to outperform the market for the foreseeable future.

Item 1 of 2 A Bank of America logo is seen on the entrance to a Bank of America financial center in New York City, U.S., July 11, 2023. REUTERS/Brendan McDermid

[1/2]A Bank of America logo is seen on the entrance to a Bank of America financial center in New York City, U.S., July 11, 2023. REUTERS/Brendan McDermid Purchase Licensing Rights, opens new tab

CompaniesJuly 8 (Reuters) - Bank of America (BAC.N), opens new tab has extended a $520 million credit line to OpenAI, its first loan to the AI company that is preparing for an initial ​public offering, a person familiar with the matter told Reuters on ‌Wednesday.

The loan makes BofA one of OpenAI's largest lenders and bolsters its credentials as a market leader in AI-related capital markets financing, the source said, requesting anonymity to ​discuss confidential information.

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BofA has helped raise nearly $500 billion in capital for AI-related ​companies since 2025, accounting for 60% of such fundraising across investment-grade ⁠debt, leveraged finance and equity capital markets, according to internal data seen ​by Reuters.

The second-largest American lender is also eyeing advisory roles on the ​planned IPOs of OpenAI and Anthropic, according to a second source familiar with the matter.

The move follows its role in SpaceX's blockbuster IPO, where it was a joint bookrunner and ​led the U.S. retail distribution effort. The rockets-to-AI company led by ​Elon Musk debuted in June at a valuation of more than $2 trillion after pulling off the ‌world's ⁠largest IPO.

OpenAI confidentially filed for a U.S. IPO last month. Reuters has reported that the ChatGPT maker, a key player in the AI race, is targeting a valuation of more than $1 trillion in a listing that could come ​as soon as this ​year.

Mega IPOs ⁠are typically very lucrative for Wall Street banks, generating hundreds of millions of dollars in fees while opening the door ​to years of follow-on business.

OpenAI did not immediately respond ​to Reuters' ⁠request for comment. The news of BofA handing the company a credit line was first reported by Bloomberg earlier on Wednesday.

The AI company was founded in ⁠2015 ​as a research-focused nonprofit, but created a for-profit arm ​four years later to help fund the soaring costs of developing AI systems.

Reporting by Saeed ​Azhar in New York and Manya Saini in Bengaluru; Editing by Diti Pujara

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

Key Takeaways UnitedHealth plans to invest nearly $1.5B in AI across insurance, pharmacy, care and technology operations.UNH's AI tools speed prior authorizations, automate claims and expand digital healthcare capabilities.Optum Real is expected to process 2.5B transactions in 2026, supporting software growth opportunities. UnitedHealth Group Incorporated (UNH - Free Report) is making artificial intelligence a core pillar of its long-term strategy, committing nearly $1.5 billion to AI initiatives in 2026. Rather than limiting AI to back-office automation, the company is embedding it across insurance, pharmacy, care delivery and technology operations. It aims to simplify healthcare processes, improve user experience and create scalable technology platforms that support future growth.

The investment is already translating into measurable improvements. UnitedHealthcare is expanding AI-powered digital tools for members, while automation is accelerating prior authorization decisions and reducing administrative burden for providers. At Optum Rx, the company's PreCheck Prior Authorization capability cuts prescription approval times from more than eight hours to under 30 seconds. Meanwhile, Optum Health is deploying AI-enabled scheduling and workflow tools to improve access and enhance clinical productivity.

UNH is extending these capabilities beyond its own operations through Optum Insight. Its AI-first solutions help payers and providers automate claims processing, coverage validation and other administrative tasks. The company expects its Optum Real platform to process more than 2.5 billion transactions in 2026, while several AI products are gaining traction among healthcare organizations, creating opportunities beyond traditional insurance operations.

Although the financial benefits will take time to fully materialize, UnitedHealth appears to be pursuing a strategy that extends well beyond cost reduction. By combining AI with its broad healthcare ecosystem, the company is building new technology capabilities that could strengthen customer relationships, expand software revenue opportunities and reinforce its competitive position in an increasingly digital healthcare industry.

How Are Competitors Faring?Some of UNH’s major competitors in the healthcare service provider space are Humana Inc. (HUM - Free Report) and Centene Corporation (CNC - Free Report) .

Humana is expanding AI across care management, prior authorization and member engagement to improve efficiency and health outcomes. HUM is also using predictive analytics to identify high-risk members earlier, supporting value-based care while helping manage medical costs and streamline healthcare delivery.

Centene is primarily using AI to strengthen payment integrity and manage rising healthcare costs. CNC’s advanced analytics help detect suspicious claims, identify billing anomalies and improve medical cost management, supporting margins while enhancing oversight across its government-sponsored healthcare programs.

UnitedHealth’s Price Performance, Valuation & EstimatesShares of UNH have gained 41.4% in the past year compared with the industry’s rise of 31.6%.

Image Source: Zacks Investment Research

From a valuation standpoint, UnitedHealth trades at a forward price-to-earnings ratio of 21.84, above the industry average of 18.18. UNH carries a Value Score of B.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for UnitedHealth’s 2026 earnings is pegged at $18.32 per share, implying 12.1% growth from the year-ago period.

Image Source: Zacks Investment Research

UNH stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction) now carries a market capitalization of a little more than $300 billion as of July 3, 2026, which has taken many investors on a nice ride, given the company’s the software-with-a-defense-flavor story. Palantir is now arguing for a seat inside the mega-cap conversation, alongside the AI infrastructure names its own CEO likes to invoke.

What It Means A valuation this size implies specific operational realities, and Palantir’s Q1 2026 filing supplies them. Revenue reached $1.632 billion this past quarter, growing nearly 85% year over year. That’s the highest reported growth rate in the company’s history as a public company. Additionally, the engine of the company (U.S. revenue) climbed 104% year over year to $1.282 billion, crossing 100% growth for the first time since the direct listing. U.S. commercial revenue rose 133% year over year to $595 million.

It’s not only a revenue story. In fact, Palantir’s profitability has closely correlated with its revenue growth. This past quarter, GAAP operating income landed at $754 million, up 328.29% from a year earlier, with the company posting a 46% operating margin. Adjusted operating margin expanded to 60% from 44% a year earlier, and free cash flow reached $924.63 million, up 204.08%. The Rule of 40 score hit 145%, a level the CEO framed as company territory shared only with NVIDIA (NASDAQ:NVDA), Micron (NASDAQ:MU) and SK hynix.

As a result of these numbers, Palantir raised its guidance considerably. The company now guides for full-year 2026 revenue between $7.650 billion to $7.662 billion, which amounts to roughly 71% year over year growth. That’s impressive, because this is 10 percentage points above the prior quarter’s outlook. U.S. commercial guidance is in excess of $3.224 billion, calling for at least 120% growth.

Market Reaction The stock has not tracked the fundamentals in a straight line. PLTR closed at $129.30 on July 2, 2026, versus $177.75 to start the year, a 27.26% year to date decline. The stock’s one-month change is -15.03%, so clearly momentum has flipped hard in the last week. That said, over five years, Palantir stock is still up 429.05%.

Bull Case The case for long-term holders leans on three facts, all in the filing. First, the business is doubling in the U.S. with expanding, not compressing, margins. Growth of 104% year over year in the U.S. paired with a 60% adjusted operating margin is the profile investors typically pay up to own.

Second, the backlog validates the growth rate. Total remaining deal value reached $11.8 billion, up 98% year over year. Remaining performance obligations climbed to $4.5 billion, up 134% year over year, with net dollar retention hit 150%. This was driven by the fact that Palantir closed 206 deals of $1 million or more and 47 deals of $10 million or more in the quarter.

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Third, cash generation is real and rising. Operating cash flow reached $899.17 million in the quarter, and the balance sheet holds $8 billion in cash, equivalents, and short-term U.S. Treasuries. As CEO Alex Karp put it on the Q1 call, “Our free cash flow this quarter is larger than our revenue a year ago in the same quarter.” Full-year adjusted free cash flow guidance is $4.2 billion to $4.4 billion.

Prediction market participants have started to reflect the shift. Polymarket assigns a 70.5% probability to PLTR hitting $138 in July, with 47.5% for $144 and 32.5% for $150. Sub-$100 outcomes carry 10.5% or less.

Bottom Line For retirement-focused holders, the story is the combination of an 84.71% growth rate, a 60% adjusted operating margin, and a raised full-year outlook calling for 71% growth, layered onto a $296.88 billion market cap.

Certainly, Palantir’s valuation remains rich, with a forward P/E near 80 and a price to sales ratio of 53.54, and the filing lists real risks. Those can best be described as long sales cycles, contracts terminable for convenience, and $201.6 million in quarterly stock-based compensation.

The next test is the company’s upcoming Q2 2026 report, where management has guided revenue of $1.797 billion to $1.801 billion. If Palantir’s U.S. commercial engine holds triple-digit growth into a second consecutive quarter, the $100 billion narrative stops being a narrative.

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

Contact [email protected] for any questions or corrections.

Key Takeaways Danaher's Biotechnology segment grew 7% in Q1 2026, driven by strong bioprocessing demand. DHR's bioprocessing equipment orders rose more than 30% on solid pharmaceutical demand. Danaher expects Biotechnology growth despite weaker filtration, consumables and equipment demand. Danaher Corporation’s (DHR - Free Report) Biotechnology segment continues to be a major contributor to its growth. In the first quarter of 2026, the segment’s core revenues increased 7% on a year-over-year basis, driven by strength in the bioprocessing business. On a geographical basis, higher sales in Western Europe and China fueled the increase in core sales.

The bioprocessing business is benefiting from higher demand for consumables from large pharmaceutical customers. Also, solid demand from pharmaceutical customers for monoclonal antibodies (mAbs) has been aiding the business. In the first quarter of 2026, orders for bioprocessing equipment increased more than 30%. For 2026, Danaher expects core revenues from the bioprocessing business to rise in high single digits on a year-over-year basis. Also, strength in the medical filtration and research consumables business bodes well for the Biotechnology segment.

However, the Biotechnology segment is facing headwinds due to weak demand for medical filtration products and research consumables in the discovery and medical business. Lower equipment demand is also weighing on the segment's performance.

Despite these headwinds, Danaher expects the Biotechnology segment’s core revenues to grow in the mid-single digits year over year in the second quarter of 2026. Rising demand for bioprocessing products is expected to support the segment’s performance in the coming quarters.

Segment Snapshot of DHR's PeersAmong its major peers, Labcorp Holdings Inc.’s (LH - Free Report) Biopharma Laboratory Services segment generated net sales of $780.6 million in the first quarter of 2026, up 8.2% year over year. This was driven by Labcorp’s strong drug development capabilities and scientific expertise. Labcorp derived 22.1% of its total revenues from this segment during the quarter.

Its another peer: CVS Health Corporation’s (CVS - Free Report) Health Services segment reported net sales of $48.24 billion in the first quarter of 2026, up 11% year over year. CVS Health generated 48% of its total sales from this segment in the quarter. Favorable pharmacy drug mix and brand inflation aided the segment’s results in the second quarter.

DHR's Price Performance, Valuation and EstimatesShares of Danaher have gained 3% in the past month compared with the industry’s growth of 7.1%.

Image Source: Zacks Investment Research

From a valuation standpoint, DHR is trading at a forward price-to-earnings ratio of 22.08X, above the industry’s average of 16.51X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for DHR’s 2026 earnings has increased a penny over the past 30 days.

Image Source: Zacks Investment Research

Key Takeaways Coinbase secured UK approval to offer eligible users derivatives and equities alongside crypto.The UK is key as nearly 7 million adults own crypto and new rules are expected in October 2027.Coinbase is securing licenses globally to reduce U.S. reliance and broaden its customer base. Coinbase Global (COIN - Free Report) recently secured authorization to offer investment services in the United Kingdom, enabling eligible users to trade derivatives and equities alongside cryptocurrencies. The approval marks another milestone in Coinbase’s effort to build a comprehensive, globally regulated digital asset platform. As regulatory clarity improves across major markets, the company is strengthening its position as one of the few crypto-native firms capable of serving both institutional and retail clients within established regulatory frameworks.

The United Kingdom is a strategically important market, given its deep capital markets and leadership in fintech adoption. According to the Financial Conduct Authority (FCA), nearly 7 million UK adults already own crypto assets, while about 25% of non-owners say they would be more likely to invest under a clear regulatory framework. With the UK's comprehensive crypto regulations expected to take effect in October 2027, Coinbase is well-positioned to benefit from rising adoption. Its UK product suite now spans crypto trading, derivatives, equities, stablecoin payments, savings, borrowing, with tokenized real-world assets planned for the future.

The authorization also supports Coinbase's broader international expansion strategy. The company has steadily secured licenses across Europe, Asia-Pacific, the Middle East and Latin America, reducing reliance on the U.S. market while broadening its global customer base. Management described the approval as the largest expansion of Coinbase's UK offering since entering the market. More broadly, Coinbase is transforming from a crypto exchange into an "everything exchange," aiming to provide a unified platform for cryptocurrencies, derivatives, tokenized assets, stablecoins and, eventually, additional traditional financial products as regulations evolve.

What About COIN’s Peers?    Circle Internet Group’s (CRCL - Free Report) international expansion strengthened its position as a global fintech powerhouse. By expanding its footprint across Europe, Asia and Latin America, Circle has gained stronger access to regulated digital markets. By accelerating global USDC adoption, Circle positions itself for sustained growth and leadership in the rapidly evolving digital financial ecosystem.

Robinhood Markets’ (HOOD - Free Report) international expansion enables it to tap into rising global retail investing demand. By establishing operations in the United Kingdom and Asia, Robinhood broadens revenue streams and reduces reliance on U.S. markets. With strategic acquisitions and regional hubs, Robinhood is well-positioned for sustained growth and a stronger presence in the global fintech landscape.

COIN’s Price PerformanceShares of COIN have lost 30.3% in the year-to-date period, underperforming the industry.

Image Source: Zacks Investment Research

COIN’s Expensive ValuationCOIN trades at a price-to-earnings ratio of 51.72, significantly above the industry average of 9.6.

Image Source: Zacks Investment Research

Estimate Movement for COINThe Zacks Consensus Estimate for COIN’s second-quarter 2026 earnings per share (EPS) witnessed no movement in the last 30 days. While the consensus estimate for full-year 2026 EPS has witnessed no movement in the last 30 days, the same for 2027 has moved south in the same time frame.
 

Image Source: Zacks Investment Research

A month has gone by since the last earnings report for FuelCell Energy (FCEL - Free Report) . Shares have added about 48.4% in that time frame, outperforming the S&P 500.

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

FuelCell Q2 Earnings MissFuelCell Energy posted a second-quarter fiscal 2026 adjusted loss of 58 cents per share, wider than the Zacks Consensus Estimate of a 54-cent loss. The underperformance was tied largely to softer service and generation activity. Management attributed the service decline to the absence of module exchanges during the quarter, while generation revenue reflected lower operating output as the Groton project underwent repairs.

However, the bottom line improved from the year-ago adjusted loss of $1.79 on the back of cost reduction and operating efficiency.

Quarterly revenues came in at $35.6 million, below the Zacks Consensus Estimate of $41 million and the year-ago sales of $37.4 million. Even so, contracted backlog remained sizable at more than $1.1 billion as of April 30, 2026.

FuelCell Energy generated $18 million of product revenues in the quarter, supported by scheduled module deliveries to Gyeonggi Green Energy in South Korea. Service revenues were $4.2 million, while generation revenues were $8.7 million and advanced technologies revenues were $4.7 million.

FuelCell Energy Leans Into Data Centers as Pipeline JumpsFCEL emphasized accelerating demand for behind-the-meter baseload power tied to AI and high-density data center buildouts. During the quarter, the company highlighted a 4-gigawatt proposal pipeline, with data centers accounting for roughly 89% of the total.

Management also pointed to a larger deal profile, with average proposal size rising to 130 megawatts as of May 1, 2026. The company believes its standardized 12.5-megawatt “FuelCell Energy Block” is designed to reduce repeat engineering and permitting work and support faster multi-megawatt deployments.

FCEL Takes a Large Hit From Groton-Related ChargesProfitability was weighed down by a significant non-cash impairment tied to the Groton project. The company recorded a $42.6 million impairment expense related to its decision to upgrade equipment at the 7.4-megawatt Groton Navy project to utilize three standard 2.5-megawatt blocks.

As a result, operating expenses rose to about $65 million in the quarter, and loss from operations widened to $77.9 million. While the impairment drove most of the year-over-year increase, management framed the upgrade as a reliability-focused decision tied to supporting a critical U.S. government asset.

FuelCell Energy’s Cash Position Strengthens After Equity SalesFuelCell Energy ended the quarter with $440.9 million in total cash, cash equivalents and restricted cash, including $373.2 million of unrestricted cash and $67.7 million of restricted cash.

The balance sheet benefited from equity issuance under the company’s at-the-market program. During the quarter, FCEL sold about 10.9 million shares at an average price of $9.45 per share for net proceeds of roughly $100.4 million, and it completed additional sales after quarter-end at a higher average price.

FCEL Scales Torrington Toward 500 MW of Annual CapacityFCEL is moving forward with manufacturing expansion at its Torrington, CT facility, initiating work to support an annualized production rate of up to 500 megawatts. The company reiterated an estimated total expansion cost of $200-$275 million, with execution expected over the next 24 months.

For fiscal 2026 specifically, management maintained its $20-$30 million capital spending plan tied to the ramp, while noting that capacity will be expanded in alignment with demand and structured capital support. Separately, the company reiterated a key profitability marker, targeting adjusted EBITDA positivity once it reaches consistent production volumes at or above a 100-megawatt annualized run rate.

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

The consensus estimate has shifted 33.93% due to these changes.

VGM ScoresCurrently, FuelCell Energy has a nice Growth Score of B, however its Momentum Score is doing a bit better with an A. However, the stock was allocated a score of F on the value side, putting it in the bottom 20% quintile for this investment strategy.

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

OutlookEstimates have been trending upward for the stock, and the magnitude of this revision looks promising. It comes with little surprise FuelCell Energy has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.

Key Takeaways Carvana's integrated retail system connects buying, reconditioning, listing and delivery in one process. CVNA uses ADESA Clear to support wholesale vehicle purchases and sells most wholesale inventory.Carvana is investing in technology, logistics and operations to improve efficiency and support growth. Carvana Co.’s (CVNA - Free Report) digital wholesale auction platform, ADESA Clear, has evolved into a key component of its operating model, with continued improvements in quality, scale and functionality. The platform is becoming an increasingly important part of Carvana's wholesale operations, supporting the purchase of vehicles through wholesale channels and the sale of most of those vehicles via ADESA Clear.

The company's long-term strategy centers on building a fully integrated automotive retail system that delivers a seamless customer experience for both sellers and buyers while minimizing the costs involved in vehicle transactions. Rather than treating each stage of the process as a separate operation, Carvana has developed an end-to-end system that connects every step, from purchasing a used vehicle to delivering it to its next owner. This integrated approach is designed to improve speed, reduce operational complexity and enhance overall efficiency.

One example of these operational improvements is Carvana's ability to complete the entire retail cycle in as little as 4.8 days. The process begins when a customer receives an online valuation for their vehicle and decides to sell it. It is followed by identity verification, title processing and scheduling either a vehicle pickup or customer drop-off. After receiving the vehicle, Carvana transports it to one of its inspection and reconditioning centers, where technicians evaluate its condition, perform the necessary repairs and prepare it for resale. The vehicle is then photographed, priced using automated systems and listed on the company's online marketplace.

Once another customer selects the vehicle, the purchase process is completed digitally, followed by delivery scheduling and transportation to the buyer. Completing all of these steps, from acquisition to final delivery, in less than five days highlights the efficiency of Carvana's logistics network, technology platform and reconditioning operations. Continued investments in technology, logistics and operations are aimed at further optimizing the system, improving efficiency and supporting the company's long-term growth. CVNA currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

Other automotive retailers are also expanding their digital capabilities to simplify vehicle transactions and strengthen operating performance.

Lithia Motors, Inc.’s (LAD - Free Report) digital platforms, Driveway and GreenCars, are helping boost profitability and expand its market presence. These e-commerce platforms let customers buy, sell and service vehicles online. Early results from Lithia’s investment in Wheels, a top fleet management company, are also strong. Its minority stake in Wheels creates powerful synergies between retail and fleet operations. Together, these moves strengthen Lithia’s mobility ecosystem and support customer retention and long-term profitability.

Group 1 Automotive, Inc. (GPI - Free Report) is steadily improving its sales process through digital tools, moving beyond just generating online leads to closing deals faster and at lower cost. Virtual finance and insurance are now available in about one-third of Group 1’s U.S. stores and handle roughly 20% of deals there, with positive customer feedback and lower compensation costs. At the same time, tools like AcceleRide, along with AI-based scheduling and CRM platforms, are helping Group 1 work more efficiently, improve deal conversions and deliver more consistent performance across its dealerships over time.

Carvana’s Price Performance, Valuation and EstimatesCarvana has underperformed the Zacks Internet – Commerce industry in the last six months. CVNA shares have plunged 27.1% compared with the industry’s decline of 7.2%.

Image Source: Zacks Investment Research

 
From a valuation perspective, Carvana appears overvalued. Going by its price/sales ratio, the company is trading at a forward sales multiple of 2.32, higher than its industry’s 1.91.

Image Source: Zacks Investment Research

 
The Zacks Consensus Estimate for Carvana’s 2026 and 2027 EPS has moved up 6 cents and 5 cents, respectively, in the past 60 days. 

Image Source: Zacks Investment Research

Warner Music Group Corp (NASDAQ:WMG) is expected to see a normalization in market share during its fiscal third quarter while continuing to benefit from broader growth trends in the music industry, according to Bank of America.

The bank maintained its 'Neutral' rating and $35 price objective on the company, writing that WMG’s upcoming results should reflect a return toward more typical market share levels after several quarters of stronger-than-usual performance.

Shares of WMG traded hands at $29 on Wednesday afternoon, down about 5% so far this year.

“WMG continues to see the benefit of PSM escalators and/or recent price increases, and after several quarters of robust market share, there has been some mean reversion toward other labels,” Bank of America wrote. The firm added that the shift had been well telegraphed following WMG’s fiscal second-quarter results.

Bank of America expects subscription streaming growth could accelerate later in the year, supported by an additional PSM agreement rolling into the fourth fiscal quarter. The firm noted that recent agreements with digital service providers (DSPs) have improved visibility into subscription streaming growth and, alongside cost-cutting initiatives, could support multi-year earnings growth.

The analyst also highlighted artificial intelligence as a key area of focus for investors, with the technology presenting both opportunities and risks for the music industry. While concerns remain around synthetic content and potential disruption to traditional music models, Bank of America wrote that AI could create new monetization opportunities.

The firm pointed to Spotify’s recent investor day, where the streaming platform outlined plans for a potential higher-priced AI and “superfan” subscription tier. However, Spotify has not yet reached an agreement with WMG, despite announcing a deal with Universal Music Group (AEX:UMG), which Bank of America believes would be necessary before such a product could launch.

“Although the structure of these agreements remains uncertain, we see a path to win-win outcomes if AI-enabled premium tiers can drive further monetization of music content,” the firm wrote.

Bank of America maintained its fiscal third-quarter estimates for WMG, forecasting revenue of $1.81 billion and adjusted operating income before depreciation and amortization (OIBDA) of $417 million. For fiscal 2026, the firm kept its revenue forecast at $7.29 billion and adjusted OIBDA estimate at $1.72 billion.

The bank said it continues to view the risk-reward profile for WMG shares as balanced at current levels, citing improved visibility from recent DSP agreements.

Key Takeaways Interparfums is using digital commerce as shoppers move fragrance purchases to newer retail channels.Amazon and TikTok are boosting U.S. performance and helping Interparfums reach younger consumers.Cashmere Mist performs well online, while Be Delicious Core sales rebounded 16% in Q1 2026. Interparfums, Inc. (IPAR - Free Report) is increasingly leveraging digital commerce as consumer shopping habits reshape the global fragrance market. In the first quarter of 2026, the company indicated that more fragrance purchases are taking place through nontraditional retail channels such as Amazon, reflecting the growing role of digital marketplaces in product discovery and purchasing.

Consumers are increasingly discovering and engaging with fragrances through social media, major e-commerce platforms and other digital channels. This trend is also being supported by growing interest in personalized experiences, including fragrance layering and AI-driven product recommendations. Interparfums is aligning its brand strategy with these evolving consumer preferences while maintaining a consistent brand experience across digital and physical channels.

The importance of digital commerce is also evident across several brands. Donna Karan's Cashmere Mist deodorant continues to perform well on TikTok Shop and Amazon. The company also reported a 16% rebound in Be Delicious Core sales in the first quarter of 2026, reflecting improved momentum for the franchise.

Digital channels are becoming an increasingly important growth avenue in the United States, with Amazon U.S. and TikTok U.S. delivering stronger performance than several other regions. These platforms are also helping expand the company's reach among younger consumers.

As digital commerce continues to evolve, Interparfums is maintaining its focus on key online platforms where consumers increasingly discover and purchase prestige fragrances. Amazon and TikTok remain important channels for consumer engagement across several brands, reflecting the growing role of digital commerce within the company's distribution and brand-building efforts.

IPAR’s Zacks Rank & Share Price PerformanceShares of this Zacks Rank #2 (Buy) company have rallied 33.4% over the past three months, significantly outperforming the broader Consumer Discretionary sector, which declined 3.5% during the same period. Interparfums has also surpassed the industry and the S&P 500 index’s growth of 1.2% and 10.9%, respectively, during the same period.

IPAR Stock's Past 3 Months’ Performance
Image Source: Zacks Investment Research

Is IPAR a Value Play Stock?Interparfums currently trades at a forward 12-month P/E ratio of 23.66 compared with the industry average of 15.14 and the sector’s 16.59. This valuation places the stock at a noticeable premium relative to comparable peers and the sector overall.

IPAR P/E Ratio (Forward 12 Months)
Image Source: Zacks Investment Research

Other Stocks to ConsiderThe Estee Lauder Companies Inc. (EL - Free Report) manufactures, markets and sells skin care, makeup, fragrance and hair care products worldwide. It currently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Estee Lauder’s current fiscal-year sales and earnings calls for growth of 4.5% and 59.6%, respectively, from the year-ago reported numbers. EL delivered a trailing four-quarter average earnings surprise of 39.1%.

Five Below, Inc. (FIVE - Free Report) operates as a specialty value retailer in the United States and currently flaunts a Zacks Rank #1. FIVE delivered a trailing four-quarter earnings surprise of 70.1%, on average.

The Zacks Consensus Estimate for Five Below’s current fiscal-year sales and earnings calls for growth of 14.7% and 34.3%, respectively, from the year-ago reported numbers.

Dollar Tree, Inc. (DLTR - Free Report) is an operator of discount variety stores offering a broad assortment of everyday consumables and discretionary merchandise. DLTR currently carries a Zacks Rank #2. The company delivered a trailing four-quarter average earnings surprise of 32.1%.

The Zacks Consensus Estimate for Dollar Tree’s current fiscal-year earnings and sales indicates growth of 21.4% and 6.5%, respectively, from the year-ago actuals.

Key Takeaways NFG is expanding pipeline and storage assets to boost capacity, reliability and regulated earnings. Tioga Pathway and Shippingport Lateral are expected to add 395,000 Dth/day of capacity in late 2026. NFG plans $210-$250M in fiscal 2026 Pipeline & Storage spending to support rate base growth. National Fuel Gas (NFG - Free Report) is strengthening its pipeline network through pipeline and storage expansion projects and ongoing infrastructure modernization. These investments expand transportation capacity, enhance pipeline reliability and drive long-term regulated earnings growth.

National Fuel Gas is progressing with the Shippingport Lateral and Tioga Pathway expansion projects, both of which are expected to begin service in late 2026. Tioga Pathway is expected to provide 190,000 dekatherms per day (Dth/day) of capacity, while Shippingport Lateral is projected to add 205,000 Dth/day of transportation capacity. The company has launched the Line N System Upgrade Project, which will add 94,000 Dth/day of transportation capacity under a long-term contract with an investment-grade customer. The project replaces aging pipelines, improves system reliability and is expected to begin service in late 2028, supporting stable long-term cash flows.

National Fuel Gas aims to invest in the $210-$250 million range in Pipeline & Storage projects in fiscal 2026, supporting 5-7% long-term rate base growth and driving steady earnings expansion. NFG currently has 77 billion cubic feet (Bcf) of natural gas storage capacity and specializes in underground storage of natural gas.

According to the U.S. Energy Information Administration (“EIA”), nearly 44.9 bcf per day of new pipeline capacity is planned for 2026-2027. Favorable industry trends and NFG's disciplined capital investment plans are expected to support long-term Pipeline & Storage expansion and earnings growth.

Investments in Pipeline & Storage Boost Midstream OperationsAccording to the U.S. EIA, pipeline investments enhance transportation efficiency, reduce bottlenecks and improve energy delivery reliability. These investments also support rising oil and natural gas production, strengthen long-term fee-based cash flows and enhance connectivity among production regions, storage facilities and end markets.

Kinder Morgan (KMI - Free Report) is expanding its natural gas network through the Gulf Coast Express expansion, South System Expansion, Trident and Mississippi Crossing, increasing pipeline capacity, meeting rising power demand and supporting fee-based growth.

Energy Transfer LP (ET - Free Report) continues to expand its natural gas pipeline network through the Desert Southwest Pipeline, Hugh Brinson Pipeline and Mustang Draw projects, increasing transportation capacity and supporting EBITDA and cash flow growth.

NFG’s Earnings EstimatesThe Zacks Consensus Estimate for 2026 and 2027 earnings per share indicates an increase of 9.70% and 4.98%, respectively, year over year.

Image Source: Zacks Investment Research

NFG’s Returns on Equity (ROE)National Fuel Gas' trailing-12-month ROE is 20.62%, higher than the industry average of 10.94%.

Image Source: Zacks Investment Research

NFG’s Stock Price PerformanceIn the past month, the company’s shares have risen 4.2% against the industry’s 6.3% fall.

Image Source: Zacks Investment Research

NFG’s Zacks RankNFG currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
 

Key Takeaways VRT expanded in Johor to boost AI and high-density computing infrastructure capacity across APAC. The site will make power, cooling and integrated infrastructure solutions, including liquid cooling systems. VRT shares have surged 88.6% year to date, while its Price/Book valuation stands above the sector. Vertiv (VRT - Free Report) is benefiting from the accelerating global demand for artificial intelligence (AI) infrastructure and its expansion in Malaysia is a strategic move to capture growth in the Asia-Pacific (APAC) region. In the first quarter of 2026, Vertiv reported robust organic sales growth across multiple regions, with the Americas leading at 44% organic growth and APAC up 12%. In 2026, the company expects high-30s organic growth in the Americas, mid-20s in APAC and a return to growth in EMEA in the second half of the year.

The expansion in Malaysia is part of VRT’s broader strategy to increase its manufacturing and service footprint across APAC. The company recently opened a new manufacturing facility in Johor, Malaysia, expanding its production capacity to meet rising demand for AI and high-density computing infrastructure across Asia. The site strengthens Vertiv’s regional manufacturing, engineering, logistics and deployment capabilities while enhancing supply-chain resilience.

It will manufacture advanced power, cooling and integrated infrastructure solutions, including liquid cooling systems and prefabricated power modules, supported by full-scale testing. The expansion is expected to accelerate the deployment of AI-ready data centers, reduce implementation risks and improve customer responsiveness across Southeast Asia, North Asia, Australia and New Zealand.

This expansion is part of a larger strategy at Vertiv to increase manufacturing capacity to meet rising demand in AI infrastructure. Its strong portfolio will continue to benefit the company’s top-line growth. For the second quarter of 2026, revenues are expected to be between $3.25 billion and $3.45 billion, reflecting confidence in sustained AI infrastructure spending.

VRT Faces Stiff CompetitionVertiv faces intense competition from Super Micro Computer (SMCI - Free Report) and Amphenol (APH - Free Report) . Both Super Micro Computer and Amphenol are expanding their AI infrastructure portfolios.

Super Micro Computer continues to broaden its AI infrastructure offerings through collaborations with AMD, Arm and NVIDIA. The company has introduced new rack-scale AI platforms and data center building blocks designed to accelerate the deployment of large-scale AI and agentic AI workloads, intensifying competition in AI-ready infrastructure.

Amphenol is also benefiting from rising AI infrastructure investments. In the first quarter of 2026, IT datacom accounted for approximately 41% of sales and grew 81% organically year over year, driven by accelerating investments in AI data centers and strong demand for high-speed connectivity and interconnect solutions.

Vertiv’s Share Price Performance, Valuation & EstimatesVRT’s shares have surged 94.4% in the year-to-date (YTD) period compared with the broader Zacks Computer & Technology sector's 14.7% growth. The Zacks Computers - IT Services industry declined 23.3% in the same time frame.

VRT's YTD Stock Performance
Image Source: Zacks Investment Research

Vertiv stock is trading at a premium, with a trailing 12-month Price/Book of 27.65X compared with the sector’s 10.63X. VRT has a Value Score of D.

VRT Valuation
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for 2026 earnings is pegged at $6.38 per share, which has increased 3.73% over the past 30 days. This indicates a 51.90% increase from the reported figure of 2025.

Vertiv currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Key Takeaways Datadog topped $1 billion in quarterly revenues as first-quarter 2026 sales rose 32% year over year.DDOG unveiled 100 plus AI and security capabilities and acquired Adaptive ML to expand AI agents.Datadog forecasts 2026 revenues of $4.30-$4.34B despite margin, competition and macro risks. Datadog (DDOG - Free Report) shares have surged 88.7% year to date, comfortably outpacing the Zacks Computer and Technology sector's 14.8% growth and the Zacks Internet Software industry's 8% decline over the same stretch of trading.

The rally reflects growing investor confidence in Datadog's role as a core observability and security platform for enterprises navigating increasingly complex, AI-driven infrastructure. With first-quarter 2026 results confirming accelerating growth and management issuing upbeat forward guidance, the near-term setup still looks favorable for investors willing to ride out some volatility, even as rising costs and intensifying competition warrant a genuinely watchful eye.

DDOG Outperforms Sector, Peers YTD
Image Source: Zacks Investment Research

Catalysts Fuelling DDOG’s RallyDatadog's first-quarter 2026 results showed revenues climbing 32% year over year to $1,006 million, marking the company's first quarter above $1 billion and a sequential acceleration from 29% growth in the prior period. Customers with annual recurring revenues of $100,000 or more grew 21% year over year to about 4,550. Non-GAAP operating margin held at 22%, while free cash flow reached $289 million.

Momentum has continued into the current quarter. Last month, Datadog hosted its DASH 2026 conference, unveiling more than 100 new capabilities to help customers manage growing AI and security complexity, including expanded agentic tooling. On June 30, the company announced its acquisition of Adaptive ML, a startup building a Reinforcement Learning Operations platform, which will join Datadog AI Research to accelerate work on specialized AI agents trained on real-world observability signals. The company also achieved FedRAMP High certification during the quarter and launched GPU Monitoring to help customers better manage AI infrastructure spend.

Forward-Looking Guidance by DDOG Holds PromiseFor the second quarter of 2026, Datadog guided revenues between $1.07 billion and $1.08 billion, non-GAAP operating income to be $225-$235 million, and non-GAAP earnings per share between 57 cents and 59 cents.

The Zacks Consensus Estimate calls for 2026 revenues of $4.34 billion, up 26.62% year over year, with earnings pegged at $2.41 per share, up 17.56%, suggesting the current valuation gap is arguably well justified by Datadog's faster, AI-driven observability growth trajectory relative to the broader field.

For full-year 2026, management projected revenues between $4.30 billion and $4.34 billion, non-GAAP operating income to be $940-$980 million, and non-GAAP earnings per share between $2.36 and $2.44, underscoring continued confidence in sustained double-digit growth.

Headwinds Worth MonitoringDespite the strong trajectory, risks remain. GAAP operating margin was just 1% in the quarter, reflecting heavy stock-based compensation and continued R&D investment, including newly absorbed costs tied to the Adaptive ML deal. Continued reliance on large enterprise deals also introduces some lumpiness to quarterly bookings, and management has flagged macro uncertainty tied to trade policy and IT spending as ongoing watch items.

Valuation and Competitive LandscapeDatadog carries a Zacks Value Score of F, trading at a forward 12-month price-to-sales ratio of 19.2X, well above the industry median of 4.78X. That steep premium reflects Datadog's notably stronger growth profile relative to slower-growing peers, whose more modest multiples mirror decelerating or largely flat expansion.

DDOG’s P/S Valuation
Image Source: Zacks Investment Research

DDOG faces significant competition from the likes of International Business Machines (IBM - Free Report) , Cisco Systems (CSCO - Free Report) and Dynatrace Software (DT - Free Report) , among others. Cisco Systems has advanced 45.2%, while Dynatrace has gained 4.1% and International Business Machines has returned 3.4%, highlighting Datadog's clear outperformance against all three legacy and pure-play rivals alike.

Cisco Systems leans on its deep network-layer footprint and hardware relationships to push observability bundles into existing accounts, while Dynatrace differentiates through AI-driven causal analytics aimed squarely at large enterprise customers. International Business Machines folds observability into its broader hybrid-cloud and consulting stack, giving it reach but comparatively less focus. Datadog's unified platform keeps winning share, though Cisco Systems, Dynatrace, and International Business Machines each retain entrenched enterprise relationships that keep the observability and security market intensely contested heading into the second half of 2026.

ConclusionWith accelerating revenue growth, robust guidance and steady AI-driven innovation spanning GPU monitoring, agentic security tooling and the Adaptive ML acquisition, Datadog's growth story remains firmly intact. Despite thin GAAP margins and a crowded competitive field, the near-term outlook still tilts favorably enough for patient, growth-oriented investors to consider Datadog.

DDOG currently carries a Zacks Rank #2 (Buy) and a Growth Score of A, a favorable combination that offers a strong investment opportunity per the Zacks proprietary methodology. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

Key Takeaways Oceaneering won a four-year Petrobras contract to provide offshore Brazil ROV services from 2027.OII will supply two work-class ROV systems and specialized tooling for offshore subsea operations.Oceaneering's Brazil team will execute the project using local expertise and established infrastructure Oceaneering International, Inc. (OII - Free Report) has strengthened its position as a leading subsea technology and offshore services provider after the Brazilian subsidiary, Marine Production Systems do Brasil LTDA (“MPS”), secured a new contract from Petrobras (PBR - Free Report) to deliver remotelyoperated vehicle (“ROV”) services offshore Brazil. The four-year agreement represents a significant milestone in Oceaneering’s continued support of complex deepwater operations and reinforces its long-standing partnership with one of the world’s largest offshore energy companies.

The contract was awarded following a competitive tender process and is expected to begin operations in 2027. Under the agreement, Oceaneering will provide advanced subsea capabilities designed to support Petrobras’ offshore intervention, installation and abandonment activities. The project highlights the increasing importance of reliable subsea robotics, specialized tooling and operational expertise in the development and maintenance of deepwater energy infrastructure.

Advanced ROV Solutions to Support Petrobras’ Offshore ActivitiesAs part of the contract, Oceaneering will supply two work-class ROV systems along with specialized tooling packages developed to support demanding offshore tasks. These advanced robotic systems will provide critical underwater capabilities, enabling precise inspection, intervention, monitoring and positioning support in challenging subsea environments.

The ROV technology will be deployed from AKOFS Offshore’s subsea engineering support vessel Aker Wayfarer, which Petrobras has contracted to perform a range of offshore intervention, installation and abandonment support scopes. By combining a highly capable subsea vessel with Oceaneering’s robotic technologies and engineering expertise, the project will deliver an integrated solution for complex offshore operations.

Oceaneering’s local Brazilian team will execute the project, bringing extensive regional knowledge, technical expertise and operational experience to Petrobras’ offshore campaigns. The use of a locally established team also supports efficient project execution while maintaining the high safety and performance standards required for deepwater activities.

Strengthening a Long-Term Partnership With PetrobrasOceaneering has supported Petrobras’ subsea engineering campaigns for more than a decade, establishing a strong relationship built on technical reliability, innovation and operational excellence. The latest contract award further expands this collaboration and provides additional long-term visibility in Brazil’s important deepwater market.

Simao Silva, Brazil country manager at Oceaneering, highlighted the importance of the agreement, noting that the award reflects Petrobras’ continued confidence in its ability to provide advanced subsea solutions for complex offshore environments.

The partnership demonstrates the value of combining global technology capabilities with local expertise. Through years of supporting offshore projects in Brazil, Oceaneering has developed a deep understanding of regional operational requirements and the technical challenges associated with deepwater energy production.

Oceaneering’s Nearly Three Decades of Operations in BrazilOceaneering has maintained a presence in Brazil for nearly three decades, developing a comprehensive infrastructure network to support offshore energy activities. Through MPS, the company operates multiple facilities that provide specialized services, including ROV operations, survey services, subsea intervention tooling and engineered solutions.

The company’s Brazilian operations include a dedicated center for ROV, Survey, Subsea Intervention Tooling and Engineered Solutions, as well as an Onshore Remote Operations Center located in Macaé. These facilities support offshore projects through advanced engineering, remote monitoring capabilities, equipment preparation and technical services.

Oceaneering also operates an umbilical manufacturing plant in Niterói, strengthening its ability to provide integrated subsea solutions within the Brazilian market. This local infrastructure enables the company to respond efficiently to the needs of offshore operators while supporting the country’s evolving energy sector.

Delivering Technology-Driven Offshore Energy SolutionsOceaneering’s latest Petrobras contract reflects its broader mission of delivering engineered services, advanced products and robotic solutions across multiple industries. The company combines decades of subsea experience with innovative technologies to improve offshore safety, efficiency and reliability.

Work-class ROV systems play a vital role in modern offshore operations by allowing operators to perform underwater activities with precision and reduced risk. These systems support essential tasks such as subsea inspection, equipment installation, maintenance activities and intervention operations at significant depths.

Through continuous investment in technology and skilled personnel, Oceaneering continues to advance the capabilities available to offshore operators worldwide. This agreement demonstrates how sophisticated robotics, engineering expertise and local operational knowledge can work together to support increasingly complex offshore projects.

Strong Future for Subsea Services in BrazilBrazil remains one of the world’s most important deepwater energy markets, with significant offshore resources and a growing demand for advanced subsea technologies. Oceaneering’s expanded collaboration with Petrobras positions it to continue contributing to major offshore developments while supporting safe and efficient operations.

The new four-year contract reinforces Oceaneering’s reputation as a trusted subsea services provider and highlights the company’s ability to deliver specialized solutions for challenging marine environments. With experienced teams, established facilities and advanced robotic technologies, Oceaneering is prepared to support the next generation of offshore operations in Brazil.

Through this agreement, Oceaneering and Petrobras continue a partnership focused on innovation, reliability and operational excellence, helping drive the future of deepwater subsea engineering and offshore energy development.

OII's Zacks Rank & Key PicksCurrently, OII and PBR have a Zacks Rank #3 (Hold) each.

Investors interested in the energy sector might look at some better-ranked stocks like Paramount Resources (PRMRF - Free Report) and Cenovus Energy (CVE - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Paramount Resources is valued at $2.83 billion. It is a Canadian energy company focused on the exploration, development and production of natural gas, crude oil and natural gas liquids. Paramount Resources stock has delivered 28.9% total return over the past year.

Cenovus Energy is valued at $45.32 billion. It is a Canadian integrated energy company engaged in the production of crude oil and natural gas, as well as refining, upgrading and marketing petroleum products, operating across Canada, the United States and the Asia-Pacific region. Cenovus Energy stock has delivered a 72.6% total return over the past year.

, /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, today announced that funds managed by Blue Owl, together with Moor Park Capital Partners ("Moor Park"), have successfully completed the acquisition of a portfolio of 12 acute-care hospitals operated by Spire Healthcare Group plc, the UK's leading private hospital operator.

"The acquisition of the Spire portfolio represents a strategic investment in a portfolio of high-quality UK private hospitals with a market leading tenant, well-structured long-term leases and significantly accelerates the expansion of our European Net Lease strategy," said Marc Zahr, Co-President and Global Head of Real Assets at Blue Owl. "This transaction builds on the firm's experience investing across the healthcare landscape and represents an opportunity to capitalize on the strong supply and demand fundamentals in the European healthcare real estate sector while delivering what we believe to be compelling value for investors and the communities these facilities serve."

The completion of the transaction marks an important milestone for Blue Owl's Real Assets platform and reflects the firm's continued focus on expanding its presence across essential real estate sectors. As part of Blue Owl's Real Assets platform, the Spire portfolio will benefit from the firm's institutional scale, investment expertise and long-standing relationships across the real estate market, creating a strong foundation for continued growth and long-term value creation.

Blue Owl and Moor Park see tremendous opportunity for further growth in the European healthcare sector and will continue to pursue opportunities in the space offering compelling risk-adjusted returns.

The acquisition was financed by a new secured term loan, with Standard Chartered Bank, Natixis and Crédit Agricole CIB acting as joint Mandated Lead Arrangers and lenders to the transaction.

Advisors
Rothschild & Co served as Blue Owl's exclusive financial advisor. Kirkland & Ellis and Hogan Lovells served as Blue Owl's legal counsel. Deloitte served as Blue Owl's tax and financial due diligence advisors.

About Blue Owl
Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®. With $315 billion in assets under management as of March 31, 2026, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,390 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com or LinkedIn: https://www.linkedin.com/company/blue-owl-capital.

About Moor Park Capital Partners
Moor Park Capital Partners, founded by Gary Wilder, Shemeel Khan and Jagdeep Kapoor, is a specialist international real estate private equity investment and asset management firm focused on acquiring, financing, developing and managing high-quality operational real estate across healthcare, living, hospitality, logistics, data centres, retail, offices, bank branches, car parks, leisure, service stations and other alternative real estate sectors.

Established more than twenty years ago, the firm has built an internationally recognised reputation for identifying, structuring, financing and executing highly complex, frequently proprietary real estate transactions that are often inaccessible through traditional market channels.

Across their careers, Moor Park's management team has successfully executed transactions with an aggregate value exceeding €26 billion on behalf of sovereign wealth funds, pension funds, insurance companies, managed accounts and other leading global institutional investors, consistently delivering strong long-term investment performance through disciplined investment, active asset management and innovative capital solutions.

Investor Contact      
Ann Dai           
Head of Investor Relations    
[email protected] 

Media Contact
[email protected] 

SOURCE Blue Owl Capital

Key Takeaways APAC became Abercrombie & Fitch's fastest-growing region in Q1, with net sales up 24% and comps up 15%.Growth across Abercrombie and Hollister helped offset EMEA weakness tied to geopolitical tensions.Abercrombie & Fitch is reviewing partnerships and capital-light options to scale APAC with strong returns. Abercrombie & Fitch Co. (ANF - Free Report) views the Asia-Pacific (APAC) region as an increasingly important part of its long-term international growth strategy. While the company continues to generate the majority of its revenues from the Americas, APAC is demonstrating strong momentum and reinforcing management's confidence in the region's long-term potential. Rather than pursuing rapid expansion, Abercrombie & Fitch is taking a disciplined approach by evaluating the optimal go-to-market model, including partnerships and other capital-light opportunities that can support profitable, scalable growth. This measured strategy could allow the company to strengthen its presence while preserving financial flexibility.

The first quarter of fiscal 2026 highlighted APAC's growing importance. Regional net sales increased 24% year over year, following 5% growth in the prior-year quarter, while comparable sales advanced 15%, making APAC the company's fastest-growing geography. Growth was broad-based across both the Abercrombie and Hollister brands, helping offset weakness in EMEA, where geopolitical tensions weighed on demand. Encouraged by this performance, ANF said its ongoing strategic review aims to determine how best to scale the region while generating strong returns, with partnerships and capital-light expansion among the options under evaluation.

Looking ahead, APAC could become an increasingly meaningful contributor to Abercrombie & Fitch's global growth story if the company successfully expands its regional footprint while maintaining its disciplined operating model. Management emphasized that the strong fiscal first-quarter performance reinforces its belief in the sizeable long-term opportunity across the region, even as the strategic review continues. With healthy brand momentum, a modernized technology platform and a focus on scalable, high-return growth, APAC has the potential to complement the company's established Americas business and emerge as a more significant earnings driver over time.

ANF’s Zacks Rank & Share Price PerformanceShares of this Zacks Rank #3 (Hold) company have lost 14% in the past three months, underperforming the industry’s decline of 2.8% and the broader Retail-Wholesale sector’s rise of 2.5%.

ANF Stock's Past Three-Month Performance
Image Source: Zacks Investment Research

Is ANF a Value Play Stock?ANF currently trades at a forward 12-month P/E ratio of 8.05X, which is lower than the industry average of 14.51X and notably below the sector average of 22.74X. This valuation positions the stock at a modest discount relative to both its direct peers and the broader consumer staples sector.

ANF P/E Ratio (Forward 12 Months)
Image Source: Zacks Investment Research

Stocks to ConsiderUrban Outfitters, Inc. (URBN - Free Report) offers lifestyle products and services in the United States and internationally. At present, URBN sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for URBN’s current fiscal-year sales and earnings implies growth of 8.7% and 11.8%, respectively, from the year-ago figures. URBN has delivered a trailing four-quarter earnings surprise of 12.2%, on average.

Tapestry, Inc. (TPR - Free Report) provides accessories and lifestyle brand products in North America, Greater China, the rest of Asia, and internationally. At present, TPR carries a Zacks Rank of 2 (Buy).

The Zacks Consensus Estimate for TPR’s current fiscal-year sales and earnings implies growth of 13.8% and 36.3%, respectively, from the year-ago figures. TPR has delivered a trailing four-quarter earnings surprise of 15.6%, on average.

Fossil Group, Inc. (FOSL - Free Report) designs, develops, markets and distributes consumer fashion accessories in the United States, Europe, Asia and internationally. At present, FOSL has a Zacks Rank of 2.

The Zacks Consensus Estimate for FOSL’s current fiscal-year sales indicates a decline of 4.9%, while the same for earnings indicates growth of 87.6% from the year-ago figures. FOSL delivered a trailing four-quarter negative earnings surprise of 381.8%, on average.

Key Takeaways ARM's total revenues increased 20% year over year to $1.49 billion in fiscal Q4 2026.Licensing and other revenues surged 29% to $819 million.Royalty revenues grew 11% to $671 million on Armv9 adoption, Arm CSS and expanding data center deployments. Arm Holdings (ARM - Free Report) continues to capitalize on robust demand for its semiconductor intellectual property, with its latest quarterly results highlighting licensing as a key growth engine.

In the fourth quarter of fiscal 2026, total revenues climbed 20% year over year to $1.49 billion. While the royalty business remained a significant contributor, licensing and other revenues once again delivered the strongest growth, underscoring sustained customer demand for ARM’s technology.

The company continues to benefit from rising investments in artificial intelligence, cloud computing, mobile devices and custom silicon. As chipmakers increasingly design specialized processors for AI workloads and high-performance computing, ARM’s architecture has become an essential foundation for product development, supporting a healthy pipeline of new licensing agreements and long-term customer relationships.

Licensing and other revenues surged 29% year over year to $819 million, making it the primary driver of ARM’s top-line expansion during the quarter. Growth was supported by previously signed agreements, as well as the timing of several high-value licensing contracts.

Meanwhile, ARM’s royalty business continued to provide a stable stream of recurring revenues. Royalty revenues increased 11% year over year to $671 million, driven by broader adoption of Armv9, increasing deployment of Arm Compute Subsystems (CSS), and the growing use of Arm-based processors in data center infrastructure.

For investors, the takeaway is straightforward: strong licensing demand continues to strengthen Arm Holdings’ competitive position. As customers accelerate investments in AI infrastructure and next-generation computing, ARM appears well-positioned to benefit from a growing pipeline of licensing opportunities while simultaneously expanding its high-margin royalty base, providing multiple long-term drivers of sustainable growth.

How Arm Holdings Stacks Up Against Key U.S. PeersNVIDIA (NVDA - Free Report) dominates the AI accelerator market with its GPUs and networking platforms. Unlike Arm Holdings, which primarily generates revenue through licensing and royalties, NVIDIA designs and sells complete hardware and software solutions. While NVIDIA's growth is driven by direct chip sales, ARM benefits as more semiconductor companies adopt its CPU architecture to develop AI-optimized processors, making the two companies complementary in many AI deployments rather than direct competitors.

Advanced Micro Devices (AMD - Free Report) competes in CPUs, GPUs and data center processors, focusing on designing and selling semiconductor products. ARM, in contrast, licenses its processor architecture to a broad ecosystem of chipmakers. As demand for custom AI chips and energy-efficient computing grows, AMD competes through product innovation, while ARM benefits from broader adoption of its intellectual property across multiple customers and end markets.

ARM’s Price Performance, Valuation and EstimatesThe stock has surged a massive 175% year to date, significantly underperforming the industry’s 46% rally.

                                                         Image Source: Zacks Investment Research

From a valuation standpoint, ARM trades at a forward price-to-sales ratio of 49.11X, well above the industry’s 9.13X. It carries a Value Score of F.

                                                              Image Source: Zacks Investment Research

The Zacks Consensus Estimate for the company’s fiscal 2027 earnings has declined over the past 30 days.

                                                                   Image Source: Zacks Investment Research

ARM currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

First-of-its-kind system combines flight display, IFR GPS, NAV/COMM and audio panel capability into a single display for certified, experimental and LSA (MOSAIC) aircraft

, /PRNewswire/ -- Garmin (NYSE: GRMN) today announced AXIS™, an all-new family of flight displays, designed from the ground up to offer a highly integrated and flexible cockpit display solution. AXIS brings Garmin's latest avionics technology to certified piston-powered single and twin1 engine aircraft via an expansive AML STC covering hundreds of models, as well as experimental and LSA aircraft. In an industry-first, AXIS flight displays come in a variety of models that can include a built-in IFR GPS, NAV/COMM radio, and audio panel capability – creating an integrated solution that enhances the user experience, reduces aircraft weight, and simplifies installation. Also compatible with many of the same navigators, radios, modules and sensors as Garmin's popular G3X Touch™ flight displays, AXIS features an easy upgrade path, including leveraging the same panel cutouts and mounting points.

Garmin unveils AXIS, a new generation of highly integrated flight displays "AXIS redefines Garmin's flight display portfolio and brings industry-first capability to a single flight display. This game-changing flight display system delivers a modern, highly capable cockpit experience while significantly reducing time, complexity and cost of installation through integration of navigation, communication and audio functions into a single flight display. The visual design elements and crisp user interface bring together decades of Garmin innovation in a familiar yet modern design. AXIS sets the new standard for what pilots can expect from an integrated flight display system." 
–Carl Wolf, Garmin Vice President Aviation Sales, Marketing, Programs & Support 

A next-level flight display system

The AXIS family of flight displays features three display sizes — 11.6-inch landscape, 8-inch portrait1 and 8-inch landscape1— that include highly responsive touchscreen displays as well as physical controls for quick access to key functions. Each display can be configured as a primary flight display (PFD) or multi-function display (MFD) with an optional engine indication system (EIS). Pilots can maximize their situational awareness with full-screen or split-screen options, leveraging a familiar yet modernized user interface. The flight displays are configurable for both experimental and certified aircraft and provide incredible flexibility for installation across many aircraft types.

First-of-its-kind integration

AXIS 11.6-inch displays are optionally available with a TSO certified IFR GPS, COMM radio, NAV radio and audio panel all built into a single display. This combined capability from a single display creates a highly integrated panel experience and enables a simpler and more cost-effective installation. The VHF COMM radio offers 10 watts of transmit power, supports 8.33khz frequency tuning and standby COMM monitoring, allowing pilots to monitor a standby frequency while tuned to the active ATC frequency. Pilots can access the flight plan across displays and easily load waypoints or VORs, holds, GPS and ILS procedures and more. The built-in 4-place intercom audio panel includes dual-comm switching with support for one external radio, comm playback and Bluetooth capability for music and phone calls. Available in three certified (TSO) variants, the base version offers a PFD/MFD, while the GPS/COMM and GPS/NAV/COMM models include an IFR GPS and integrated audio panel. Experimental and LSA aircraft can leverage both certified and non-TSO versions of the 11.6-inch displays.

Enhanced situational awareness

Important information is easily accessible on the PFD including primary flight data, as well as the horizontal situation indicator (HSI) which can include an embedded map or traffic view. Widgets provide additional situational awareness on the PFD by displaying three compact views of MFD functions including map, flight plan, weather, traffic and more. Enhanced Synthetic Vision Technology (SVT™) provides 3D depictions of terrain, obstacles, runway and taxiway markings and more, allowing for pilots to clearly interpret their surroundings. Pathway rectangles will help pilots to visualize the highway in the sky, depicting their flight path including enroute legs, flight track, course intercepts and more. Additionally, 3D SafeTaxi® provides pilots with a three-dimensional, exocentric view of the airport environment directly on their PFD, reducing potential confusion by giving a clear, localized picture of taxiways, runways, hangars and surrounding buildings.

The MFD features dynamic mapping, ADS-B traffic2, weather2, waypoint information (including terminal charts) and expanded EIS. Additionally, an HDMI video input on each display allows for live-camera video monitoring.

Innovative safety tools

AXIS supports many of Garmin's award-winning safety enhancing technologies. A dedicated emergency button is located on the display bezel, allowing pilots to quickly access emergency procedure options if needed. Smart Glide™ – a Garmin Autonomí™ technology – helps pilots in loss of engine power emergencies by efficiently navigating to an airport in range and, if the aircraft is equipped with either a GFC™ 500 or GFC 600, the system can auto-engage to fly the aircraft enroute.

Terminal safety solutions include award-winning Runway Occupancy Awareness (ROA), a solution that uses ADS-B traffic to alert the crew of potential runway incursions caused by nearby airborne aircraft, taxiing aircraft and ground vehicles. Additionally, optional SurfaceWatch™ runway monitoring technology provides general situational awareness in airport environments as well as visual and aural cues to help prevent pilots from taking off or landing on a taxiway.

Advanced engine monitoring

The EIS within AXIS provides aircraft with real-time data to help better manage engine operation and protect aircraft engines. Large, prominent engine gauges provide color-coded pointers and data bands that indicate normal operating ranges, cautions and exceedances. Bar gauges display numerical values for additional precision. With an interface adapter and sensors, AXIS can serve as the primary EIS display in piston-powered aircraft equipped with most normally aspirated or turbocharged 4- to 6-cylinder engines, plus radial and turbine-powered experimental aircraft3. Upon landing, flight and engine data logs can be automatically uploaded to flyGarmin.com via the Garmin Pilot™ app or the GDL® 60 datalink1 and PlaneSync™ service. Pilots can optionally choose to share these logs with analysis services such as FlySto or SavvyAviation to gain deeper insights on engine health, maintenance updates, flight analysis and more.

Stay connected

Advanced connectivity options allow pilots to stay more connected than ever before. Built-in Wi-Fi and Bluetooth allow pilots to connect with Garmin Pilot in-flight as well as share GPS, traffic, weather, flight plans and more. PlaneSync, powered by the GDL 60 datalink1, will support automatic database downloads3, remote aircraft status4 as well as automatic flight log uploading. A built-in USB-C data port supports data transfer capabilities like downloading databases and offloading flight logs. The USB-C port will also support device charging up to 27W. Additionally, Database Concierge allows pilots to download updates to their Garmin Pilot app and wirelessly transfer to their compatible avionics via a compatible mobile device.

Team X simplifies installations

Team X – the experimental aircraft specialists at Garmin – were the voice for experimental builders and pilots throughout the development of AXIS. Composed of engineers, pilots and aircraft builders, they understand the flexibility and affordability needed to execute an experimental aircraft build. That's why AXIS features a streamlined, easy upgrade path from G3X Touch that utilizes most existing sensors, LRUs and even the same panel cutout and existing mounting holes. Simplified wiring, configuration and additional built-in I/O makes AXIS an even faster and more scalable system. Team X is committed to providing support throughout AXIS upgrades for experimental aircraft builders.

Available for certified and experimental aircraft

The AXIS 11.6-inch flight displays have achieved FAA/EASA Technical Standard Order (TSO) and will be available in July. The 8-inch displays are expected to be available in early 2027. The FAA Supplemental Type Certificate (STC) will cover hundreds of models of certified Part 23 Class I/II piston singles and twins1. STC approvals with other civil aviation authorities are expected in the near future. For more information, visit Garmin.com/AXIS.

Garmin products and services have revolutionized flight and become essential to the lives of pilots and aircraft owners and operators around the world. A leading provider of solutions to general aviation, business aviation, rotorcraft, advanced air mobility, government and defense, and commercial air carrier customers, Garmin believes every day is an opportunity to innovate. Recipient of the prestigious Robert J. Collier Trophy for Garmin Autoland, Garmin developed the world's first certified autonomous system that activates during an emergency to control and land an aircraft without human intervention. Visit the Garmin Newsroom, email our media team, connect with @garminaviation on social, or follow our blog.

1 Certified Twin EIS, 8-inch displays and GFC 600 compatibility coming soon.
2 Compatible datalink required; sold separately.
3 Active PlaneSync and database subscriptions required for automatic database updates. Active PlaneSync subscription plan required for flight log uploading. Features are available on-ground only and requires GDL 60 to have active LTE or Wi-Fi connectivity; signal strength and other factors may apply. See Garmin.com/PlaneSyncCoverage for LTE coverage details.
4 Remote aircraft status requires active PlaneSync subscription. User's smart device must have internet connectivity. Feature is available on-ground only and requires GDL 60 to have LTE connectivity; signal strength and other factors may apply. See Garmin.com/PlaneSyncCoverage for coverage details.

About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, SafeTaxi and GDL are registered trademarks and AXIS, G3X Touch, SVT, Smart Glide, Autonomí, GFC, SurfaceWatch, Garmin Pilot and PlaneSync are trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 27, 2025, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). Copies of such Form 10-K are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Media Contact: Mikayla Rudolph // 913-397-8200 // [email protected]

SOURCE Garmin International, Inc.

Key Takeaways SPCX fell 6.8% on its Nasdaq-100 debut, closing at $149.47, its lowest level since IPO.Starlink, Starship and AI infrastructure plans are key growth engines for SpaceX's long-term story.SpaceX's $2T valuation and 36X forward sales multiple leave little room for execution missteps. Shares of Space Exploration Technologies (SPCX - Free Report) fell 6.8% yesterday on their first day as part of the Nasdaq-100 Index, closing at $149.47. The stock is now trading at its lowest level since its June 12 IPO and well below its closing high of $211.39.

SpaceX became one of the fastest companies to join the Nasdaq-100, but the milestone failed to provide the boost many investors had expected. Instead, the stock came under pressure as a broad technology selloff weighed on the sector.

The weakness was due to growing concerns over heavy AI-related spending, rising U.S. bond yields, higher oil prices and escalating tensions in the Middle East. Several technology stocks, including Marvell Technology (MRVL - Free Report) , Micron Technology (MU - Free Report) and Advanced Micro Devices (AMD - Free Report) , also declined sharply yesterday.

Yesterday’s Price Decline  Image Source: Zacks Investment Research

With SpaceX now trading near its post-IPO lows, the key question is whether the recent pullback offers a compelling buying opportunity or signals further downside ahead.

Multiple Growth Engines Support SPCX’s Long-Term StorySpaceX's long-term growth story remains compelling, supported by multiple high-growth businesses.

The biggest growth driver is Starlink, SpaceX’s satellite Internet arm. It is benefiting from rising demand for broadband connectivity in underserved regions and is positioned to offer text, voice and data services directly to standard smartphones. The business generated more than $11.4 billion in revenues and $4.4 billion in operating income in fiscal 2025, highlighting its ability to generate meaningful profits while expanding globally.

Another major catalyst is Starship. Following its 12th successful test flight in May 2026, the next-generation launch vehicle is expected to carry much heavier payloads than Falcon 9. This would enable the deployment of larger Starlink satellites while significantly reducing the cost of delivering satellite bandwidth, improving the economics of the Starlink business over time.

SpaceX is also transforming into an AI infrastructure company following the acquisitions of xAI and X earlier this year. By combining AI models, large-scale computing infrastructure and satellite connectivity, the company is building an integrated platform that few competitors can match. It plans to launch AI compute satellites by 2028, paving the way for space-based data centers.

The company's growing presence in AI is already attracting major customers. Multi-billion-dollar computing agreements with Alphabet's Google and Anthropic provide long-term revenue visibility, while the planned acquisition of Anysphere, the company behind the AI coding assistant Cursor, strengthens its position in the fast-growing enterprise AI software market.

But Can We Look Past the Valuation Concerns?While SpaceX's long-term opportunities are significant, its valuation leaves little room for disappointment.

The company is currently valued at around $2 trillion despite generating just $4.69 billion in first-quarter revenues and incurring a net loss of $4.28 billion. On a forward 12-month basis, the stock trades at roughly 36 times sales, a rich premium even among high-growth technology companies.

Image Source: Zacks Investment Research

Investors are paying for what SpaceX could become rather than what it is today. That optimism rests on Starlink's continued expansion, AI infrastructure, space-based data centers and Elon Musk's vision of building a company capable of generating $100 billion in annual revenues by 2028.

However, reaching that milestone will require flawless execution across multiple capital-intensive businesses. Also, history suggests that investors should treat Musk's timelines with caution. We know that many of Tesla's ambitious projects, including robotaxis and humanoid robots, have taken longer than initially projected. Likewise, many of SpaceX's biggest growth initiatives are still years away from making a meaningful financial contribution and will require huge investment before they begin generating attractive returns.

Is SpaceX Stock a Buy?SpaceX remains one of the most compelling long-term growth stories in the market. Few companies have leadership positions across commercial space, satellite connectivity and AI infrastructure, giving SPCX multiple avenues for expansion over the coming decade.

That said, much of this optimism already appears reflected in the stock's premium valuation. Even after the recent pullback, investors are still paying a steep price for future growth that will take years to materialize.

Having said that, for existing shareholders, the recent decline does not change the long-term investment thesis, making the stock worth holding through near-term volatility. Wall Street's average price target still implies roughly 35% upside from current levels.

Image Source: Zacks Investment Research

However, new investors may be better served by waiting for a more attractive entry point. While SpaceX's long-term prospects remain attractive, the current valuation still offers a limited margin of safety, leaving little room for execution missteps or broader market weakness.

SPCX stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Key Takeaways Uber's gross bookings rose 25% to $53.7B in Q1, topping the consensus estimate of $52.9B. Uber expects Q2 gross bookings of $56.25B-$57.75B, up 18-22% on a constant-currency basis. Uber benefits from strong Mobility and Delivery demand, Uber One growth and ongoing app improvements. Gross bookings at Uber Technologies (UBER - Free Report) , the San Francisco-based ride-hailing giant, continue to grow despite geopolitical tensions because demand for its services remains strong. Notwithstanding the current turbulent scenario, people need rides to go to work, airports, restaurants and events, while food and grocery delivery continues to be part of everyday life. Uber also benefits from operating in many countries, so weaknesses in one market are often offset by strengths in others. 

In addition, the company's Uber One membership program, expanding delivery business and ongoing improvements in its app are encouraging customers to use the platform more often and spend more, helping drive higher gross bookings.

Higher gross bookings are benefiting Uber by increasing both revenues and profitability. As more customers use the platform, Uber earns more fees while keeping costs under control, allowing profits and free cash flow to grow faster. Strong booking growth also attracts more drivers and merchants to the platform, making the service more reliable and improving the customer experience. 

Despite the crisis in the Middle East, UBER’s Mobility business saw impressive demand in first-quarter 2026, with segmental revenues increasing 5% year over year on a reported basis and 1% on a constant currency basis to $8.2 billion.

Gross bookings from the unit were highly impressive, aiding the first-quarter results. Gross bookings from the Mobility segment in the March quarter increased 20% year over year on a constant-currency basis to $26.4 billion. Uber’s Delivery business also performed well in the quarter, with segmental revenues growing 23% year over year on a constant-currency basis. Gross bookings from the Delivery segment in the first quarter rose 23% year over year on a constant-currency basis to $26 billion. Total gross bookings jumped 25% to $53.7 billion, ahead of the Zacks Consensus Estimate of $52.9 billion.

The gross bookings forecast for the second quarter of 2026 is also very impressive, highlighting the bullishness surrounding the key metric. Despite the ongoing tensions in the Middle East and the resultant fuel price spike, gross bookings are projected in the range of $56.25-$57.75 billion, highlighting growth of 18% to 22% year over year on a constant-currency basis. The outlook assumes a roughly 2 percentage-point currency tailwind to total reported year-over-year growth.

Comparable Metrics of Other Ride-Hailing EntitiesGross bookings are strong at rival Lyft (LYFT - Free Report) as well, mainly owing to the growing active rider base, expansion into new markets and the success of its customer-friendly "Price Lock" feature. In the March quarter, gross bookings increased 19% year over year to $4.9 billion at Lyft. This was the 20th consecutive quarter where Lyft demonstrated double-digit year-on-year growth in the key metric, demonstrating the resilience and momentum of its customer-friendly strategy. Active Riders increased 17% year over year to 28.3 million.

For the second quarter of 2026, Lyft anticipates gross bookings to grow 18-21% year over year, reaching $5.3-$5.43 billion.

Singapore-based Grab (GRAB - Free Report) is benefiting from strong growth in its On-Demand Gross Merchandise Value (“GMV”). On-Demand GMV refers to the sum of GMV of the mobility and deliveries segments. In the first quarter of 2026, On-Demand GMV increased 21% year over year (on a constant currency basis) at Grab. Grab expects 2026 revenues between $4.04 billion and $4.1 billion, indicating 20-22% year-over-year growth.

UBER’s Share Price Performance, Valuation and EstimatesShares of UBER have declined in double digits over the past six months. Courtesy of the downbeat performance, UBER’s shares have underperformed the Zacks Internet-Services industry over the same time frame.

6-Month Price ComparisonImage Source: Zacks Investment Research

From a valuation standpoint, UBER trades at a 12-month forward price-to-sales of 2.42X. UBER is inexpensive compared with its industry.

Image Source: Zacks Investment Research

See how the Zacks Consensus Estimate for Uber’s earnings has been revised over the past 90 days.

Image Source: Zacks Investment Research

Uber’s Zacks RankUber currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.