Track market-moving stories before they get noisy

Key Takeaways Pembina Pipeline gained 24.5% in six months, outperforming its sector and sub-industry peers.PBA raised 2026 adjusted EBITDA guidance after a stronger marketing performance and market conditions.PBA is advancing major projects backed by demand and contracts to support future earnings growth. Pembina Pipeline Corporation (PBA - Free Report) is one of Canada’s premier energy infrastructure companies, operating a vast network of pipelines, gas gathering and processing facilities, liquids infrastructure, storage assets and export terminals. Its integrated business model provides end-to-end services that connect production sites with key markets across North America and beyond. Backed largely by long-term, fee-based agreements, Pembina Pipeline generates stable and predictable cash flows while maintaining a strong focus on operational safety, reliability and disciplined capital allocation. The company continues to invest in strategic infrastructure projects aimed at supporting resource development, improving market connectivity and reinforcing its competitive position in a changing global energy environment.

For investors, the central question is whether the stock’s recent strong performance justifies maintaining a position for additional upside or warrants a reassessment of valuation levels. Evaluating Pembina Pipeline’s financial strength, favorable industry dynamics and long-term growth opportunities can provide valuable insight into whether the stock remains an attractive holding.

PBA’s Price PerformanceIn the past six months, PBA’s shares have gained 24.5%, outperforming the broader oil and energy sector's rise of 19.3% and the Oil & Gas Production and Pipelines sub-industry’s growth of 17.3%.

PBA’s Six-Month Stock Performance
Image Source: Zacks Investment Research

Core Strengths of Pembina PipelineStrong Fee-Based Business Model Provides Stable Cash Flows: Pembina Pipeline's business remains heavily supported by long-term, fee-based contracts, insulating earnings from commodity price volatility. Management highlighted that the fee-based business is performing ahead of plan and continues to support the company's target of approximately 5% annual adjusted EBITDA-per-share growth through 2026. This predictable cash flow profile allows Pembina Pipeline to fund growth projects, maintain balance sheet strength and support shareholder returns even during periods of energy market uncertainty. The stability of its pipeline and midstream infrastructure network makes the company particularly attractive for income-oriented and risk-conscious investors.

Upward Revision to 2026 EBITDA Guidance Signals Momentum: Following a strong first quarter, management increased its 2026 adjusted EBITDA guidance range to C$4.35-C$4.55 billion, representing a midpoint increase of approximately C$175 million from prior expectations. The upgrade reflects stronger marketing performance, improved commodity-related opportunities and favorable market conditions. Raising guidance early in the year demonstrates confidence in operating performance and suggests earnings momentum is stronger than originally anticipated. Companies that consistently outperform and raise forecasts often command higher valuation multiples over time.

A Positive 2026 Earnings Estimate: The Zacks Consensus Estimate for PBA’s 2026 earnings is pegged at $2.28 per share, indicating 20% year-over-year growth. The positive earnings estimate outlook makes the stock attractive for investors.

PBA’s Earnings Estimate Overview
Image Source: Zacks Investment Research

Significant Growth Project Portfolio Creates Long-Term Upside: The company continues to advance a substantial portfolio of projects, including Cedar LNG, the RFS IV fractionator, Alliance Pipeline expansion and the Greenlight Electricity Center. Several projects are progressing on time and under budget, while others are approaching final investment decisions. These developments should contribute incremental earnings over the next several years and expand Pembina Pipeline's integrated value chain. Importantly, many of these projects are backed by customer demand and long-term contracts, increasing the likelihood that future capital investments will generate attractive returns.

Risks That Could Hinder PBA's GrowthDeclining EBITDA in the First Quarter of 2026: Despite a solid quarter overall, first-quarter adjusted EBITDA fell approximately 3% from the prior year. Management attributed the decline partly to the new Alliance Pipeline toll structure and revenue-sharing mechanisms, as well as weaker NGL marketing economics earlier in the quarter. While the company expects improvement going forward, the decline highlights that regulatory changes, contract renegotiations and market conditions can offset volume growth and operational improvements, creating headwinds for earnings expansion.

Earnings Remain Exposed to Commodity-Related Marketing Activities: Although Pembina Pipeline's core business is fee-based, a meaningful portion of earnings still comes from marketing operations that are influenced by commodity prices, frac spreads and market conditions. Management acknowledged that guidance improvements were driven largely by stronger marketing expectations. If propane prices weaken, frac spreads narrow, or global energy markets soften, marketing profits could decline materially. This introduces earnings variability and can make financial results less predictable than those of a purely regulated pipeline operator.

Elevated Leverage Due to Growth Investments: Pembina Pipeline expects its debt-to-adjusted EBITDA ratio to range between approximately 3.5x and 3.7x in 2026. While manageable for a midstream company, leverage remains elevated due to ongoing capital spending and investments such as Cedar LNG. Rising interest rates, weaker earnings, or unexpected project expenditures could place additional pressure on the balance sheet. Investors seeking highly conservative financial profiles may view this leverage level as a potential concern.

Dependence on Producer Activity Levels: The company’s infrastructure volumes depend heavily on drilling activity and production levels from upstream energy companies. While management expects long-term production growth in Western Canada, short-term activity can fluctuate due to commodity price swings, mergers among producers, or changes in drilling plans. If upstream operators reduce capital spending, throughput volumes on Pembina Pipeline’s pipelines and facilities could decline, affecting revenues.

Final Thoughts on PBA StockPembina Pipeline appears well-positioned with its stable fee-based contract structure and upward 2026 EBITDA revision that supports predictable cash flows. Ongoing expansion projects and LNG export opportunities also provide visible long-term growth potential, while positive earnings expectations reinforce confidence in its operational outlook.

However, recent EBITDA pressure, exposure to commodity market fluctuations and the company’s heavy capital spending phase introduce near-term financial risks and potential earnings volatility. Given the balance between solid long-term fundamentals and short-term uncertainties, a wait-and-see approach appears prudent for this company, allowing investors to participate in structural upside while waiting for clearer earnings traction.

Key PicksCurrently, PBA has a Zacks Rank #3 (Hold).

Investors interested in the energy sector may consider some top-ranked stocks like Global Partners LP (GLP - Free Report) , Crescent Energy Company (CRGY - Free Report) and CrossAmerica Partners LP (CAPL - 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.

Global Partners is a Delaware limited partnership formed by affiliates of the Slifka family. It owns, controls or has access to one of the largest terminal networks of refined petroleum products in New England. The Zacks Consensus Estimate for GLP’s 2026 earnings indicates 113.1% year-over-year growth.

Crescent Energy is a U.S. onshore oil and gas producer focused on three major basins: the Eagle Ford in Texas, the Permian in Texas and New Mexico and the Uinta in Utah. The Zacks Consensus Estimate for CRGY’s 2026 earnings indicates 39.4% year-over-year growth.

CrossAmerica Partners engages in the wholesale distribution of motor fuels, consisting of gasoline and diesel fuel, and owns and leases real estate used in the retail distribution of motor fuels. The Zacks Consensus Estimate for CAPL’s 2026 earnings indicates 4% year-over-year growth.

Cathie Wood has been taking it slow with her shopping sprees lately. The co-founder, CEO, and chief investment officer at Ark Invest has been doing more selling than buying across her firm's aggressive growth exchange-traded funds (ETFs).

Wood kicked off the new trading week by buying shares in Space Exploration (SPCX +1.61%), Roblox (RBLX 0.34%), and Alamar Biosciences (ALMR +0.70%). They were the only three stocks she purchased on Monday. Let's take a closer look at these fresh purchases.

Image source: Getty Images.

1. SpaceX It's been a wild first six days of trading for SpaceX stock. Following the record-shattering IPO, shares rose sharply in their first three days on the market, only to give most of those gains away in the past three trading sessions.

Just 3% above its first-day trade of $150, the stock has shed nearly a third of its value since peaking a week ago. But despite the swift pullback, SpaceX remains one of just seven U.S. exchange-listed stocks with market caps north of $2 trillion.

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There is some truth to the hype around this stock, because there's more to it than just pie-in-the-sky dreams of data centers in space. It offers a blank easel for the future. Starlink is the real deal, a global communications platform serving rural markets and providing connectivity for enterprises, governments, the military, and consumers in hard-to-reach areas. SpaceX is leading the pack in launches, and if Starship can nail its reusability and reliability, this will be the beginning of what's possible as costs move lower.

But SpaceX isn't cheap. It's trading for more than 100 times its trailing revenue of $19.3 billion. Analysts see it turning profitable on an adjusted basis next year -- and on a reported basis come 2028 -- but those multiples are even higher. 

Wood was able to get into the company ahead of its IPO for Ark investors. This week was the first time since the stock's debut that she was buying again. She clearly sees an opportunity after its six-day public journey.

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2. Roblox Shares of Roblox tumbled 8% on Tuesday, shedding more than half of their value over the past year. The online gaming platform developer has seen better days, although it may not seem that way at first. Roblox was entertaining 132 million daily active users on its platform, a 35% jump over the past year. The 31 billion hours of engagement on Roblox in the first three months of this year mark a 43% increase. It's great to see usage outpace the user base, right?

But zoom in a bit closer, sequentially, and the trend is less forgiving. The number of daily active users has fallen from a peak of 152 million in the third quarter of last year to 144 million in the fourth quarter, and then settled at 132 million today. Hours engaged have also experienced back-to-back quarters of sequential declines.

Losses continue, too. Roblox's stock more than tripled over the previous three years, but now the concern is whether it can get back on track. The year-over-year comparisons will get harder, particularly for the third quarter that starts in a week. Thankfully for those viewing this as a compelling entry opportunity, Roblox has bounced back from weakness before.

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3. Alamar Biosciences It's been two months since Alamar Biosciences went public at $17 per share. It didn't get the same kind of media attention as SpaceX, and it raised less than $220 million before fees in its April IPO.

Alamar is interesting. It's a commercial-stage proteomics company that leverages proprietary technology for protein detection and analysis to enable early disease detection. Unlike many bioscience debutantes, Alamar is already generating revenue in the form of instruments and consumables. It's a classic early stage razor-and-blades business.

Revenue almost doubled to $26 million in the first-quarter results it posted last month, obviously its first report as a public company. Outright profitability is still a few years away, but this is still roughly a ground-floor opportunity for today's investors. The stock is trading less than 1% from its IPO price of $22.60 and 16% below its April high.

Bumble Inc. (BMBL - Free Report) closed at $2.96 in the latest trading session, marking a -3.27% move from the prior day. This change lagged the S&P 500's daily loss of 1.22%. On the other hand, the Dow registered a loss of 0.98%, and the technology-centric Nasdaq decreased by 1.35%.

The company's shares have seen a decrease of 3.16% over the last month, not keeping up with the Computer and Technology sector's gain of 1.19% and the S&P 500's gain of 1.56%.

The upcoming earnings release of Bumble Inc. will be of great interest to investors. The company's upcoming EPS is projected at $0.24, signifying a 62.50% drop compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $210.02 million, indicating a 15.39% downward movement from the same quarter last year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.99 per share and revenue of $836.19 million, indicating changes of +116.42% and -13.41%, respectively, compared to the previous year.

Investors should also take note of any recent adjustments to analyst estimates for Bumble Inc. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Bumble Inc. is holding a Zacks Rank of #3 (Hold) right now.

Looking at its valuation, Bumble Inc. is holding a Forward P/E ratio of 3.09. This expresses a discount compared to the average Forward P/E of 18.64 of its industry.

It's also important to note that BMBL currently trades at a PEG ratio of 0.1. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Internet - Software industry stood at 1.03 at the close of the market yesterday.

The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 86, putting it in the top 36% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

Key Takeaways FIS launched Trade & Distribution Manager to automate the full secondary loan trading lifecycle.Fidelity National reported Banking Solutions revenues up 45% and lending ACV up 63% in Q1 2026.FIS integrates the new platform with existing lending tools for one commercial lending system. Fidelity National Information Services, Inc. (FIS - Free Report) recently launched Trade & Distribution Manager, a dedicated secondary loan trading platform designed to automate the entire loan trading lifecycle. The solution enables financial institutions to manage trade capture, settlement, participant allocation and position reconciliation through a single system. It also integrates with FIS' existing lending products, allowing institutions to manage the commercial lending process on one platform.

The secondary loan market processes trillions of dollars each year. Yet, many institutions continue to rely on manual workflows and separate systems. FIS launched the platform to help simplify these operations. By automating key processes and providing real-time trade visibility, the solution is expected to help lenders improve efficiency, reduce operational complexity and expand their trading activities.

The launch supports FIS' strategy of strengthening its Banking Solutions segment through product innovation and deeper client engagement. In the first quarter of 2026, Banking Solutions revenues increased 45% year over year to $2.4 billion, supported by solid margin expansion while lending ACV rose 63%, highlighting strong demand for modern lending technology solutions.

The New Trade & Distribution Manager expands the FIS Commercial Lending Suite, which now includes six integrated solutions covering origination, credit assessment, servicing, syndication, amendments and trading. The new offering can help broaden FIS' client base and strengthen its position in the commercial lending market. As banks continue to modernize operations and automate workflows, FIS is well positioned to benefit from rising technology spending in the lending industry. The expanded lending suite also positions the company to capitalize on growing demand for integrated lending technology solutions.

FIS’ Stock Price PerformanceShares of Fidelity National have lost 40.6% year to date compared with the industry’s decline of 17.4%.

Image Source: Zacks Investment Research

Zacks Rank & Key PicksFIS currently has a Zacks Rank #3 (Hold).

Some better-ranked stocks in the business services space are Sezzle Inc. (SEZL - Free Report) , Klarna Group plc (KLAR - Free Report) and Remitly Global, Inc. (RELY - Free Report) . SEZL sports a Zacks Rank #1 (Strong Buy) at present, while KLAR and RELY carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Sezzle’s 2026 earnings is pinned at $5.09 per share, which has witnessed four upward revisions in the past 60 days against no movement in the opposite direction. Sezzle beat earnings estimates in each of the trailing four quarters, with the average surprise being 17.4%. The consensus estimate for 2026 revenues is pegged at $592.59 million, implying 31.6% year-over-year growth.

The Zacks Consensus Estimate for Klarna’s 2026 earnings indicates a 105.1% year-over-year improvement. KLAR has witnessed four upward estimate revisions over the past 60 days against no movement in the opposite direction. The consensus estimate for 2026 revenues is pegged at $4.44 billion, indicating 26.5% year-over-year growth.

The Zacks Consensus Estimate for Remitly Global’s 2026 earnings is pinned at $1.38 per share, which has witnessed one upward revision in the past 60 days against no movement in the opposite direction. The consensus estimate for RELY’s 2026 revenues is pegged at $1.97 billion, implying 20.4% year-over-year growth.

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Key facts

FIS has been ranked #1 in the Chartis BuySideRisk50, also claiming category wins for Breadth of Functionality, Strategy, Wealth Management, and Managed Services. FIS has been named a Category Leader in the Chartis RiskTech Quadrant® for client lifecycle management (CLM) Solutions for Corporate and Investment Banking (CIB), 2026, earning the highest policy management score of any vendor evaluated. These recognitions validate FIS’s strategy of delivering compliance technology that spans the full investment lifecycle, from pre-trade risk and portfolio analytics to client onboarding and regulatory controls. JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS) has been ranked No. 1 overall in the Chartis BuySideRisk50 and named a Category Leader in the Chartis RiskTech Quadrant® for client lifecycle management (CLM) Solutions for Corporate and Investment Banking (CIB), 2026, earning the highest policy management score of any vendor among the 14 evaluated. These recognitions establish FIS as the compliance technology provider of choice for buy-side institutions. With organizations facing growing regulatory complexity across the full investment lifecycle, buy-side institutions increasingly need a provider that spans pre-trade risk, portfolio analytics, and client onboarding, without stitching together point solutions.

The Chartis BuySideRisk50 ranks the 50 leading vendors of buy-side analytics. FIS ranked No. 1 overall and led four of the five scoring criteria, including outright wins in Breadth of Functionality and Strategy. It also earned category awards in Wealth Management, and Managed Services for Convertibles and Equity-Linked Instruments. Together, these recognitions reflect the depth of FIS’s Cross Asset Trading and Risk (CATR) suite, which brings together cross-asset trading, portfolio and risk management, pricing, and analytics to support complex trading and investment strategies.

In the Chartis CLM Solutions 2026 report, FIS was positioned in the Category Leader quadrant for CIB, a designation reserved for vendors that demonstrate strength across the broadest set of capabilities while showing clear execution of core strategy and innovation. FIS received the highest policy management score among all 14 vendors evaluated, reflecting its ability to deliver automated policy updates, customizable compliance frameworks, and dynamic risk-based enforcement embedded directly into client onboarding workflows. Helping to solidify its spot in the top quadrant are FIS’s capabilities in fund services, an area of growing strategic focus for financial institutions managing complex client structures and multi-jurisdictional requirements.

Andrés Choussy, President, Capital Markets, FIS said: “Compliance is no longer a discrete function that sits at either end of the investment lifecycle. As financial institutions expand into private assets, credit markets, and more complex client structures, the need for comprehensive compliance across the investment lifecycle and regulatory controls is becoming a defining factor in technology selection. FIS’s performance across both the BuySideRisk50 and the CLM quadrant reflects the investment we have made to deliver for our clients where it matters most.”

“FIS’s No. 1 placing in our BuySideRisk50 ranking reflects several key capabilities that the company brings to this space,” said Sid Dash, Chief Researcher at Chartis. “Crucially, its breadth of services, tools and platform functionality enable it to address the needs of a wide variety of buy-side players, from private credit providers and traditional asset managers through to specialist hedge funds.”

About FIS

FIS is a financial technology company providing solutions to financial institutions and businesses. We unlock financial technology to the world across the money lifecycle underpinning the world’s financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor’s 500® Index. To learn more, visit FISglobal.com. Follow FIS on LinkedIn, Facebook and X.

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Snap (SNAP - Free Report) ended the recent trading session at $4.66, demonstrating a -1.69% change from the preceding day's closing price. This change lagged the S&P 500's 1.09% gain on the day. Elsewhere, the Dow gained 0.14%, while the tech-heavy Nasdaq added 1.91%.

The company behind Snapchat's shares have seen a decrease of 15.66% over the last month, not keeping up with the Computer and Technology sector's gain of 0.22% and the S&P 500's gain of 0.29%.

Analysts and investors alike will be keeping a close eye on the performance of Snap in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.07, indicating a 800% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $1.53 billion, up 13.99% from the prior-year quarter.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.6 per share and revenue of $6.7 billion. These totals would mark changes of +81.82% and +12.91%, respectively, from last year.

Any recent changes to analyst estimates for Snap should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 10.64% higher. Snap is currently a Zacks Rank #3 (Hold).

In the context of valuation, Snap is at present trading with a Forward P/E ratio of 7.97. Its industry sports an average Forward P/E of 18.05, so one might conclude that Snap is trading at a discount comparatively.

Investors should also note that SNAP has a PEG ratio of 0.15 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. SNAP's industry had an average PEG ratio of 1 as of yesterday's close.

The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 84, placing it within the top 35% of over 250 industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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UNITE HERE Urges PENN’s Board to Take Concrete Action to Implement Annual Director Elections

NEW YORK--(BUSINESS WIRE)--UNITE HERE announced today that PENN Entertainment, Inc. (NASDAQ: PENN) shareholders approved the advisory proposal to declassify the Company’s Board of Directors at PENN’s Annual Meeting of Shareholders held on June 16.

This marks the second time a majority of PENN shareholders have backed board declassification, following majority support for a similar proposal presented in 2010.

“PENN shareholders have spoken clearly: they want annual elections for all directors,” said Michael Hachey, Director of Gaming Industry Research at UNITE HERE. “The Board should now take the necessary steps toward implementing declassification.”

“Investors will be looking for real, timely responsiveness here; not performative action that kicks the can down the road, and certainly not silence from leadership,” said Derrick Wortes, founder and principal of Cora Strategies, a boutique advisory firm focused on shareholder activism, corporate governance, and investor engagement.

Annual director elections are widely recognized as a cornerstone of effective corporate governance, providing shareholders with a regular mechanism to evaluate board performance and hold directors accountable for their oversight. A classified board structure can insulate directors from shareholder feedback and diminish a board’s responsiveness to investor concerns.

“By adopting annual elections, PENN would strengthen alignment between directors and shareholders and bring its governance practices more closely in line with investor expectations,” said Hachey. “We look forward to seeing how the Board takes action.”

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It has been about a month since the last earnings report for V.F. (VFC - Free Report) . Shares have added about 7.1% 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 V.F. 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 drivers for V.F. Corporation before we dive into how investors and analysts have reacted as of late.

VFC Posts Break-Even Q4 Earnings, Beats Sales EstimatesV.F. Corporation posted fourth-quarter fiscal 2026 results, wherein top and bottom lines beat the Zacks Consensus Estimate and improved year over year.

Net sales of $2,166 million beat the consensus mark of $2,128 million by 1.8%, and increased 1% year over year. The company reported breakeven earnings, against the consensus estimate of a loss of 2 cents a share. In the prior-year quarter, it reported a loss of 13 cents per share.

V.F. Corp. witnessed clear momentum in the Americas. Results were led by continued global gains at The North Face and Timberland, while Vans remained softer overall but began to show early signs of improvement, highlighted by a return to growth in the Americas' direct-to-consumer business. The bottom line improved versus last year, reflecting the company’s ongoing transformation efforts and tighter execution, and management pointed to further progress in strengthening the balance sheet and reducing leverage as it heads into fiscal 2027.

V.F. Corp.’s Q4 Revenue DetailsOn a regional basis, revenues in the Americas rose 2% year over year on a reported basis. In the EMEA region, revenues were up 1% on a reported basis and down 9% on a constant-currency basis. Revenues in the APAC region were flat on a reported basis but down 4% on a constant-currency basis. International revenues grew 2% year over year on a reported basis but were down 7% on a constant-currency basis.

Channel-wise, wholesale revenues fell 1% on a reported basis. Direct-to-consumer revenues were up 4% year over year on a reported basis and down 1% on a constant-currency basis. Our model estimated the wholesale revenues to fall 1.1% and direct-to-consumer revenues to rise 3.9% year over year.

Revenues in the Outdoor segment improved 11% year over year on a reported basis (up 5% on a constant-currency basis) to $1,339 million. In the Active segment, revenues of $588.6 million declined 1% year over year on a reported basis and 6% on a constant-currency basis. Revenues in the All Other segment fell 29% year over year on a reported basis (down 33% on a constant-currency basis) to $237.5 million.

Financial Details of VFCV.F. Corp. ended the fiscal year with cash and cash equivalents of $823.9 million, long-term debt of $3.52 billion and shareholders’ equity of $1.85 billion. Net debt was down $0.8 billion from the year-ago period.

What to Expect From VFC in FY27For fiscal 2027, VFC expects revenues to increase 1-2% year over year in constant currency, supported by continued growth at The North Face, Timberland and Altra, while Vans is projected to decline in the mid-single digits with trends improving in the second half versus the first. Management also noted that first-quarter fiscal 2027 revenues are expected to be down in the low single digits.

The company projected an adjusted operating margin of about 8% for fiscal 2027, driven by a higher adjusted gross margin and a lower adjusted SG&A rate versus last year. Free cash flow is expected to be flat to up from fiscal 2026’s $405 million, with operating cash flow also improving year over year.

How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a downward trend in estimates review.

The consensus estimate has shifted -31.6% due to these changes.

VGM ScoresCurrently, V.F. has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.

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

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

Performance of an Industry PlayerV.F. is part of the Zacks Textile - Apparel industry. Over the past month, Under Armour (UAA - Free Report) , a stock from the same industry, has gained 13.9%. The company reported its results for the quarter ended March 2026 more than a month ago.

Under Armour reported revenues of $1.17 billion in the last reported quarter, representing a year-over-year change of -0.8%. EPS of -$0.03 for the same period compares with -$0.08 a year ago.

Under Armour is expected to post earnings of $0.02 per share for the current quarter, representing no change from the year-ago quarter. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

Under Armour has a Zacks Rank #4 (Sell) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of D.

When artificial intelligence (AI) first took off, many investors assumed companies like S&P Global (SPGI 1.62%) could eventually face disruption.

The concern seemed logical. If AI can summarize earnings reports, analyze financial statements, and answer financial questions instantly, why would investors continue paying for expensive data and analytics platforms? That fear pressured sentiment around several financial information companies over the past year.

But the market may have underestimated the sources of S&P Global's real competitive advantages. Ironically, AI could strengthen the company's moat rather than weaken it.

Image source: Getty Images.

Why did investors become concerned? The bear case is not difficult to understand. AI models are rapidly improving at tasks that once required junior analysts and research teams. Summarizing filings, screening companies, compiling industry reports, and organizing financial information are becoming increasingly automated.

That creates legitimate concerns for parts of the financial analytics industry. As information becomes easier and cheaper to generate, some lower-end research and workflow tools could gradually lose pricing power. And at first glance, S&P Global appears exposed to that risk. After all, the company sells financial data, analytics, and research tools to institutional customers worldwide.

But this view misses an important distinction.

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S&P Global is not simply selling information Many investors still think of S&P Global primarily as a ratings agency. In reality, the company has quietly evolved into one of the most important financial infrastructure businesses in the world.

Its ecosystem now spans credit ratings, benchmark indexes, commodity intelligence, enterprise analytics, and private market data. Products like Capital IQ (a financial data platform), Platts (for energy), and S&P Dow Jones indexes are deeply embedded in institutional workflows across the global financial system.

That matters because customers are not simply paying for access to information. They are paying for trusted data sets, regulatory-grade accuracy, historical consistency, and systems that have become integrated into daily investment and risk-management workflows. Replacing that kind of infrastructure is far more difficult than replacing a simple research report.

AI still depends on trusted data This is where the debate around AI and S&P Global becomes far more interesting. Large language models are powerful, but they still depend heavily on the quality of the data that feeds them. AI can organize and interpret information, but it still needs reliable data pipelines, verified records, and structured financial data sets to function effectively.

And few companies own more valuable financial datasets than S&P Global. The company has spent decades building proprietary databases across bond markets, corporate financials, commodity pricing, credit histories, and benchmark indexes. These datasets are deeply embedded in the financial system and extremely difficult to replicate.

In many ways, AI may actually increase the value of this type of proprietary information. As AI-generated content floods the internet, trust becomes more important. Financial institutions do not simply want fast answers. They want auditable outputs, verified information, trusted benchmarks, and lower hallucination risk.

That dynamic could strengthen companies like S&P Global. The company already appears to understand this shift. It has been integrating AI capabilities into platforms like Capital IQ while expanding AI-powered workflow tools across its enterprise offerings. In other words, it is positioning itself as part of the underlying data infrastructure powering the AI era.

What does it mean for investors? Let's start by saying that S&P Global is not immune to AI disruption. Some lower-end analytics and research functions could absolutely become more commoditized over time.

But the market may have misunderstood where the company's real moat resides. S&P Global is not merely selling information. It owns a trusted financial infrastructure, proprietary data sets, benchmark systems, and decades of institutional credibility. And in the AI era, where trust becomes a scarce resource, the company's strength becomes even more prevalent.

So yes, information itself may become cheaper. But a trusted financial infrastructure may become even more valuable in the AI world.

Shares of Strategy (previously known as Microstrategy), the bitcoin-accumulation firm founded by Michael Saylor, fell sharply on Tuesday and were on track for their lowest close in more than two years.

MSTR stock dropped 4.8% in afternoon trading and is now down more than 30% this year, reflecting renewed pressure across both its equity and preferred securities.

The decline comes as concerns build around the company’s funding model, which relies heavily on issuing equity and preferred stock to finance continued bitcoin purchases.

Strategy currently holds 847,000 bitcoin, roughly 4% of the total supply, with total holdings valued at over $50 billion.

The company continues to accumulate bitcoin despite market weakness, recently purchasing 520 coins at an average price of $67,068, bringing total holdings to 847,363 bitcoin acquired at roughly $75,651 each.

Investor anxiety has intensified around Strategy’s preferred securities, particularly its variable-rate preferred known as Stretch (STRC).

The instrument, which pays an 11.5% dividend on a $100 face value, has fallen below par and was trading around $88 on Tuesday after briefly reaching near $100 in late May.

The weakness is significant because the structure is designed to trade close to $100 through monthly dividend adjustments.

However, recent declines have raised doubts about the effectiveness of that mechanism and its ability to support future issuance.

The preferred stock decline also affects Strategy’s ability to raise new capital.

With pricing well below par, issuing additional shares becomes more challenging and potentially dilutive.

Preferred dividend payments across the structure now total about $1.7 billion annually, according to company data, while Strategy has about $15 billion of preferred stock outstanding, with Stretch accounting for roughly $9 billion of that total.

Benchmark analyst Mark Palmer addressed recent concerns, writing that STRC had been affected by market dynamics rather than a structural breakdown:

“The term 'peg' implies the existence of a fixed exchange relationship. Stablecoins such as TerraUSD, USDC, and USDT were designed to maintain a defined value relative to another asset, typically the US dollar. STRC has no such obligation. Strategy's objective has been to support STRC's trading at a level near $100, not to guarantee it,” he wrote.

The broader weakness in Strategy’s structure has been compounded by a decline in bitcoin prices, which fell about 3% on Tuesday to around $62,000 and are down nearly 20% over the past month.

The company generates no operating income from bitcoin and relies on capital markets to fund both purchases and preferred dividend obligations.

Recent volatility has raised concerns about the sustainability of that model, particularly as annual preferred dividend payments approach $1.7 billion.

Strategy has taken steps to strengthen liquidity, recently increasing cash reserves by $300 million to $1.4 billion, providing roughly 10 months of dividend coverage.

However, this has not been enough to stabilize sentiment, and shares of both the common and preferred stock continue to decline.

Analysts also noted that leveraged positions tied to the preferred may have amplified the selloff, with margin-related unwinding adding pressure to already weak trading conditions.

Despite criticism, Strategy maintains that its approach assumes bitcoin will appreciate at a faster rate than the cost of preferred dividends, allowing equity issuance to generate long-term value.

So far, however, falling bitcoin prices and rising funding costs have challenged that thesis.

HomeDividends AnalysisREITs AnalysisFinancials 

SummaryAGNC Investment Corp. is rated Buy, driven by improved Agency MBS spreads, better funding costs, and constructive capital issuance above book value.Despite a ~14% yield, AGNC's dividend is not risk-free; book value volatility and spread sensitivity remain central to the investment thesis.Q1 saw net spread and dollar-roll income rise to $0.42/share, comfortably covering the dividend, but book value declined, highlighting ongoing risk.AGNC’s premium to book enables accretive equity issuance, but the Buy case depends on stable or tightening Agency MBS spreads and disciplined portfolio management. Klaus Vedfelt/DigitalVision via Getty Images

AGNC Investment Corp. (AGNC) has a forward yield of ~14%, which makes it look like a monthly dividend producer. But AGNC is primarily a leveraged Agency MBS portfolio. The dividend tags along, but cannot be understood outside of

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

By PYMNTS  |  June 18, 2026

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Kroger’s revenues ticked up slightly last quarter as its shoppers felt increased financial strain.

“The customer is under pressure,” Greg Foran, chief executive of America’s largest traditional supermarket chain, said Thursday (June 18) as Kroger reported earnings showing revenues up 1%, compared to a 3.2% rise in the same quarter last year.

“High gas prices and reduced SNAP benefits are squeezing budgets,” Foran continued. “Customers are managing spend carefully and shopping with real intent. That pressure is showing up in the market.”

SNAP, he said later in the call, is impacted the most in three states in particular, a phenomenon that shows up in terms of the price of fuel impacting “when that price gets up to what it has.”

“I think we see that some of the basket sizes, some of the items that people buy tend to be traded down a bit. I think that helps probably with Our Brands and how we’re operating,” he added, referring to the company’s private label products.

Those brands outpaced national brands by 175 points during the quarter, said Foran, a Walmart vet who became CEO in February. The quarter also saw Kroger’s eCommerce business turn a profit, with revenues from that unit up 19% and attracting a record number of new households.

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Foran also noted that Kroger’s omnichannel customers — those who shop both online and in person — spend nearly two and a half times more than in store-only shoppers. And 95% of all transactions, he said, are tied to the company’s loyalty card.

The selective behavior Kroger is witnessing from its shoppers is in keeping with PYMNTS Intelligence research, which found that financially stressed consumers across generations continually cite grocery prices as a hardship.

Foran told Bloomberg News in May that the company was considering significant price reductions as it tries to reclaim market share from companies such as Walmart that have pushed into the traditional grocery space.

During Thursday’s call, the executive spoke of opportunities for Kroger to “sharpen” its pricing and “make value simpler” for its shoppers.

“Over time our promotions have gotten too complicated and our price position has not kept pace where it needed to,” Foran said.

“Let me be clear on what this means. We do not need to be the lowest price retailer. We need to be more competitive, more consistent and easier for customers to understand. When a customer is deciding where to shop, we want more of them.”

Meanwhile, rival grocery chain Aldi is spending $9 billion as it tries to compete with Kroger in the U.S. According to a Financial Times (FT) report Thursday, the German company plans to have 4,000 stores nationwide, giving it more locations than Kroger.

“We don’t know what the ceiling is,” Scott Patton, Aldi USA’s chief commercial officer, told the FT. “We’re trying to take market share from anyone who sells groceries.”

Kroger Co (NYSE:KR, XETRA:KOG) shares closed more than 8% lower on Thursday after the grocery retailer reported first-quarter results that largely met expectations and reaffirmed its full-year outlook, while investors looked for greater clarity on planned investments and cost savings.

Jefferies analysts maintained a ‘Buy’ rating on the stock and a $74 price target, describing Kroger's strategy as becoming more defined under CEO Greg Foran.

"Kroger's Q1 results were in-line with expectations, with identical sales excluding fuel up 1% led by e-commerce, fresh products and private-label brands," the analysts wrote. They added that grocery volumes remained negative but improved relative to prior periods, while management indicated unit market share performance was the strongest in two to three years.

Jefferies wrote that fiscal 2026 is expected to be "an H2 story," with Kroger anticipating earnings growth to accelerate in the second half of the year as cost-saving initiatives and investments increase. Management expects second-quarter identical sales to be roughly in line with the first quarter and adjusted earnings per share to be flat year over year, while acknowledging continued pressure on consumers.

The analysts noted that cost savings in the quarter exceeded internal plans by about 30%, with opportunities identified across merchandise costs and non-resale expenses. E-commerce sales increased 19%, driven by delivery services, and Kroger's combined e-commerce and retail media business became profitable.

Jefferies wrote that Foran's strategy is centered on narrowing Kroger's price gap with competitors, simplifying promotions and fostering a faster-paced operating culture. Management has indicated that planned price and value investments will be fully funded by cost reductions and that savings are expected to exceed investments.

However, the company declined to quantify either the amount of expected savings or the scale of planned investments, instead directing investors to its Oct. 20 investor day for additional details.

"Importantly, management was explicit that the strategy is not about being the lowest-price retailer, rather, it's about being more competitive," Jefferies wrote, adding that Kroger is resisting supplier price increases while maintaining pricing discipline.

Despite reducing earnings estimates to account for ongoing consumer weakness, Jefferies wrote that accelerating market share gains, profitable e-commerce operations and a greater focus on execution support its positive view on the company.

HPQ signed an LOI with LN Innov' and Novacium SAS to evaluate a Canadian-based platform integrating advanced batteries, electric motors and propulsion systems for North American drone and defense markets. HPQ has direct exposure to the proposed platform through their 36.8% equity interest in Novacium SAS and exclusive North American commercialization rights. More than 20 customers have tested LN Innov electric propulsion systems, and more than a dozen have subsequently placed commercial orders. LN Innov is presently scaling up its manufacturing capacity to reach up to 20,000 drone motors per month in France by the end of Q3 2026. Novacium's advanced battery technologies are currently being evaluated by French drone manufacturers introduced through LN Innov for potential integration into future drone platforms. , /PRNewswire/ - HPQ Silicon Inc. ("HPQ" or the "Company") (TSXV: HPQ) (OTCQB: HPQFF) (FRA: O08), a technology company specializing in advanced materials innovation and next-generation industrial processes, today announced that it signed a Letter of Intent ("LOI") with LN Innov' ("LN Innov"), a French developer and manufacturer of high-performance electric propulsion systems, and Novacium SAS ("Novacium") on June 16 2026, during the 2026 edition of the Eurosatory exhibition in Paris, France.

HPQ holds a 36.8% equity interest in Novacium and exclusive North American commercialization rights to its technologies.

"As drones become increasingly critical across commercial, industrial and defense applications, governments and industry are recognizing that batteries and electric propulsion systems have become strategic technologies," said Bernard Tourillon, President and CEO of HPQ Silicon. "Today, much of that supply chain remains concentrated in Asia, creating vulnerabilities that many jurisdictions are actively working to reduce. Through our partnership with Novacium and this new collaboration with LN Innov, we have an opportunity to evaluate the adaptation of an industrial model currently being deployed in Europe for North American markets, combining advanced battery technologies with proven electric propulsion expertise. For HPQ, this represents another step in our broader strategy of identifying innovative technologies with demonstrated market potential and positioning the Company to assess potential commercialization opportunities across North America."

Scope of the LOI

The LOI establishes a framework for HPQ, Novacium and LN Innov to evaluate, over the next 190 days, the feasibility of establishing a Canadian-based platform integrating Novacium's battery technologies, to be sold under the HPQ ENDURA+ brand and LN Innov's electric propulsion systems for drone, robotics and defense markets across North America.

The parties have already completed preliminary technical reviews that supported the decision to enter into this LOI. The evaluation contemplated under the LOI will focus primarily on industrialization, manufacturing, supply-chain requirements, certification pathways, target applications, business structure and potential commercialization strategies for North American markets.

The LOI is non-binding, does not grant exclusivity and does not include financial commitments, payment obligations or minimum purchase requirements. Any future collaboration would remain subject to further evaluation and the negotiation of definitive agreements.

Any future collaboration would remain subject to further evaluation and the negotiation of definitive agreements.

There can be no assurance that the evaluation activities contemplated by the LOI will result in the execution of a definitive agreement or any commercial arrangement between the parties.

LN Innov' Sovereign High-Performance Electric Propulsion Platform

Electric motors are at the heart of every autonomous platform, directly influencing performance, efficiency and thrust-to-weight ratio. LN Innov' develops and manufactures high-performance propulsion systems for a broad range of applications, including FPV drones, interception systems, surveillance platforms and payload-delivery drones.

More than 20 customers operating in the drone, robotics and defense sectors have tested LN Innov's electric motors under operating conditions, and more than a dozen customers have subsequently placed commercial orders.

These activities support LN Innov's ongoing efforts to expand its production capacity in France, with the objective of scaling its manufacturing capability to up to 20,000 drone motors per month by the end of Q3 2026. The parties intend to evaluate whether elements of this industrial model could be adapted for North American markets.

"We are still at the beginning of this adventure, but the market signals are encouraging," said Nathalie Mazeau, President of LN Innov'. "Having more than 20 customers test our motors and seeing more than a dozen subsequently place orders provides valuable feedback regarding the performance of our technology. This Letter of Intent creates an opportunity to explore how our industrial and technological expertise, combined with Novacium's advanced battery technologies and HPQ's North American presence, could contribute to the development of an electric propulsion ecosystem in North America."

Novacium's High-Performance Drone Battery Platform

As drone adoption continues to expand across commercial, industrial and defense applications, operators seek battery solutions that balance energy density, reliability, safety and manufacturability.

Novacium is developing silicon-enhanced battery technologies intended for drone and autonomous-system applications. As part of its ongoing development activities, Novacium has produced battery configurations designed to meet operating requirements commonly used in current drone platforms, including systems delivering approximately 15 Ah capacity, 21.3 V nominal voltage and energy densities near 205 Wh/kg.

Novacium's advanced silicon-enhanced battery technologies are being developed to meet these requirements while providing a pathway toward future higher-energy-density solutions.

Novacium's battery technologies are currently being evaluated by industrial and defense-sector participants to assess their suitability for integration into future drone and autonomous-system platforms.

The proposed collaboration with LN Innov provides an opportunity to evaluate the integration of Novacium's advanced battery technologies, marketed under the HPQ ENDURA+ brand, into complete electric propulsion systems for drone, robotics and autonomous-system applications in North America.

"One of the most important developments in our battery program is that manufacturers are evaluating our technologies against defined operational requirements," said Jed Kraiem, COO of Novacium. "The collaboration with LN Innov creates an opportunity to assess how advanced battery technologies and high-performance electric propulsion systems can be combined into integrated solutions for drone, robotics and autonomous-system applications."

About HPQ Silicon

HPQ Silicon Inc. is a Quebec-based TSX Venture Exchange industrial issuer (TSX-V: HPQ) focused on innovation in advanced materials and critical process development. In partnership with its research and development partner Novacium—of which HPQ is a shareholder—the Company is advancing next-generation silicon-based anode materials (Gen3 and Gen4) for batteries, commercializing its ENDURA+ lithium-ion cells, and developing breakthrough clean-hydrogen and waste-to-energy technologies, for which HPQ holds exclusive North American rights.

HPQ is also pursuing proprietary technologies to become a low-cost, zero-CO₂ producer of fumed silica with technical support from PyroGenesis Inc. Together, these initiatives position HPQ to capture growth opportunities in the energy storage, clean hydrogen, and advanced materials markets essential to achieving global net-zero goals.

For more information, please visit HPQ Silicon web site.

About NOVACIUM SAS

Novacium is an innovative technology start-up created in 2022, in France. It is an engineering and R&D company dedicated to materials for energy, with a specialization in silicon and hydrogen. Novacium is developing 2 technologies. The first concerns a new silicon-based anode material that significantly increases the capacity of Li-ion batteries. Novacium's second activity is the generation of hydrogen. Novacium is developing an autonomous hydrogen generation system for civil and military applications fueled by a patented alloy based on silicon and aluminum.

About LN Innov'

LN Innov' is a French technology company specialized in high-performance electric propulsion systems for drones and unmanned platforms. The company develops next-generation motors and integrated propulsion solutions delivering industry-leading power-to-weight ratios, efficiency and reliability. Through its Groupe Moto-Propulseur strategy, LN Innov' is building a complete ecosystem integrating batteries, power electronics, motors and propulsion

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking statements. These statements rely on assumptions about technology performance, market demand, permits, financing, supply chains, and economic conditions but remain subject to significant risks, including delays, regulatory challenges, competition, pricing, financing availability, and macroeconomic uncertainties. Actual outcomes may differ materially from expectations. Detailed risk factors are outlined in HPQ's Annual Information Form available on SEDAR+. Forward-looking information is provided solely to outline management's future expectations and objectives.

A more detailed cautionary note regarding forward-looking information related to the HPQ Endura+ batteries project is available for download [here].

Further information regarding the Company is available in the SEDAR+ database (www.sedarplus.ca), and on the Company's website at: http://www.hpqsilicon.com/

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This News Release is available on the company's CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders. 

SOURCE HPQ Silicon Inc.

CrowdStrike expands Falcon AI Detection and Response protections for AI applications built on AWS and broadens Falcon platform access through AWS Marketplace free trials and new cloud-scale integrations

AUSTIN, Texas & NEW YORK--(BUSINESS WIRE)--AWS Summit New York -- CrowdStrike (NASDAQ: CRWD), in collaboration with Amazon Web Services (AWS), today announced new AI, cloud, and Next-Gen SIEM innovations that help organizations securely build, deploy, and operate AI applications and cloud workloads on AWS.

CrowdStrike is expanding CrowdStrike Falcon® AI Detection and Response (AIDR) capabilities on AWS, helping organizations identify and mitigate AI runtime risks across AI applications built with AWS technologies including Amazon Bedrock, Kiro, and Strands Agents.

CrowdStrike is also expanding CrowdStrike Falcon® platform availability in AWS Marketplace with new 30-day free trials for CrowdStrike Falcon® Next-Gen SIEM, CrowdStrike Falcon® Cloud Security, and CrowdStrike Falcon® Endpoint Security on a pay-as-you-go basis. New Quick Start connectors for Amazon CloudWatch and Amazon Simple Storage Service (Amazon S3) access logs help streamline onboarding and accelerate time-to-value. AWS PrivateLink cross-region support further simplifies cloud-scale security operations on AWS.

Securing AI Applications on AWS

As organizations operationalize AI agents and autonomous workflows on AWS, CrowdStrike is helping customers securely build, deploy, and scale AI applications across the AI development and deployment lifecycle. Building on CrowdStrike's designation as an inaugural AWS Agentic AI Specialization Partner and the companies' broader work advancing secure frontier AI innovation through Anthropic's Project Glasswing initiative, CrowdStrike is extending visibility and protection across customer AI applications built on AWS.

Falcon AIDR delivers real-time security evaluation of agent, LLM, and Model Context Protocol (MCP) communications to help stop prompt injection, sensitive data leakage, and malicious AI activity. CrowdStrike is extending these protections across AI applications built on AWS, including applications developed with Kiro, agents built with Strands Agents, and workloads running on Amazon Bedrock, helping organizations identify and mitigate AI runtime risks while maintaining continuous visibility across the AI development and deployment lifecycle.

The CrowdStrike Falcon MCP integration for Kiro enables developers to securely access CrowdStrike intelligence, detections, and security context directly within coding workflows, creating real-time feedback loops during agentic application development. Together with Falcon Next-Gen SIEM and Falcon Cloud Security, organizations can secure their broader AI workload stack on AWS by protecting non-human identities and credentials, governing data flows, and assessing Amazon Bedrock and AWS service misconfigurations, enabling customers to accelerate AI adoption with confidence.

"Organizations are rapidly moving AI applications from experimentation into production," said Daniel Bernard, chief business officer at CrowdStrike. “Together, CrowdStrike is helping customers securely build, deploy, and operate AI-powered applications on AWS, with protection that spans development, runtime, identities, and cloud infrastructure."

Expanding Flexible Access to Falcon on AWS

Following the flexible pay-as-you-go consumption model introduced for the Falcon platform in AWS Marketplace, the new 30-day free trials make it easier for organizations to experience Falcon Next-Gen SIEM, Falcon Cloud Security and Falcon Endpoint Security before transitioning to consumption-based pricing, accelerating onboarding and time-to-value.

Accelerating Cloud-Scale Security Operations on AWS

Building on recent Falcon Next-Gen SIEM integrations for AWS services including AWS Security Hub, Amazon GuardDuty, and AWS CloudTrail, CrowdStrike is introducing new AWS Quick Start connectors for Amazon CloudWatch and Amazon S3 access logs, streamlining onboarding and helping organizations rapidly ingest AWS telemetry at scale across multi-account, multi-region AWS deployments.

CrowdStrike is also introducing AWS PrivateLink cross-region support, enabling organizations to securely route Falcon platform traffic across the AWS backbone while reducing internet exposure and data transfer costs.

Together, these capabilities help organizations accelerate investigations, simplify operations, and optimize security at cloud scale.

For more information on the CrowdStrike and AWS collaboration, visit CrowdStrike at AWS Summit New York Booth #438.

Forward-Looking Statements

This press release may include discussion of unreleased services or features. Any unreleased services or features referenced here are still in development and subject to change. Customers should make their purchase decisions based upon features that are currently available.

About CrowdStrike

CrowdStrike (NASDAQ: CRWD), a global cybersecurity leader, has redefined modern security with the world’s most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.

Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft, and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting, and prioritized observability of vulnerabilities.

Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity, and immediate time-to-value.

CrowdStrike: We stop breaches.

Learn more: https://www.crowdstrike.com/

Follow us: Blog | X | LinkedIn | Instagram

Start a free trial today: https://www.crowdstrike.com/trial

© 2026 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon are marks owned by CrowdStrike, Inc. and are registered in the United States and other countries. CrowdStrike owns other trademarks and service marks and may use the brands of third parties to identify their products and services.

Key Takeaways PLUG posted a Q1 2026 net loss of about $246M, wider than $196.9M a year earlier.PLUG improved Q1 gross margin to negative 13% from negative 55% year over year.PLUG is pursuing margin gains via cost cuts, hydrogen network expansion and electrolyzer growth. Plug Power Inc. (PLUG - Free Report) continues to face profitability challenges despite making progress through cost-reduction and operational efficiency initiatives. The company is focused on lowering hydrogen sourcing costs, optimizing its workforce and reorganizing its manufacturing and real estate setup. These steps are meant to lower expenses and help improve margins over time by increasing utilization across its hydrogen network.

However, Plug Power remains unprofitable. In the first quarter of 2026, PLUG reported a net loss of approximately $246 million compared with a net loss of $196.9 million in the year-ago quarter. Ongoing operating losses and cash usage continue to pressure the company's financial performance.

Plug Power delivered significant margin improvement during the quarter. In the first quarter, its gross margin improved to negative 13% from negative 55% reported in the year-ago period, improving 71% year over year. The improvement was driven by higher sales volumes, cost optimization efforts, enhanced service performance and lower third-party hydrogen sourcing costs. Hydrogen fuel margin rates also improved 54% year over year due to greater leverage on the company's hydrogen network, higher volumes and improved operating efficiency.

Despite the challenges, Plug Power remains committed to long-term recovery. The company continues to focus on margin expansion, disciplined capital deployment and converting its project pipeline into profitable growth. Through ongoing cost reductions, expansion of its hydrogen production network and growth in its electrolyzer business, Plug Power aims to improve its margin trajectory.

Margin Performance of PLUG’s PeersAmong PLUG’s major peers, Bloom Energy Corp.’s (BE - Free Report) cost of revenues surged more than 100% year over year in the first quarter of 2026. However, Bloom Energy’s gross profit rose 154.3% year over year. Bloom Energy’s gross margin expanded 280 basis points to 30%, driven by productivity gains, higher volumes and favorable pricing.

Plug Power’s another peer, Flux Power Holdings, Inc.’s (FLUX - Free Report) total cost of sales was $4.8 million, down 58% year over year in the fiscal third quarter of 2026. However, Flux Power’s gross profit declined 66% year over year. Flux Power’s gross margin decreased 430 basis points year over year.

The Zacks Rundown for PLUGShares of Plug Power have surged 161.5% in a year compared with the industry’s growth of 113.2%.

Image Source: Zacks Investment Research

From a valuation standpoint, Plug Power is trading at a forward price-to-earnings ratio of a negative 15.85X against the industry average of 38.36X. PLUG carries a Value Score of F.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for PLUG’s bottom line for 2026 has declined in the past 60 days.

Image Source: Zacks Investment Research

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

Acquisition adds multiple immunology assets to Biogen’s portfolio, including a lead asset poised to enter Phase 1 development June 17, 2026 18:59 ET  | Source: Biogen Inc.

CAMBRIDGE, Mass. and SAN DIEGO, June 17, 2026 (GLOBE NEWSWIRE) -- Biogen Inc. (Nasdaq: BIIB) and RayThera Inc., a private biotechnology company focused on discovering and developing small molecule therapies in immunology, today announced the companies have entered into a definitive agreement under which Biogen has agreed to acquire RayThera Inc. for up to $1 billion, consisting of an upfront payment and, predominantly, payments contingent on the achievement of future clinical and regulatory milestones.

RayThera’s portfolio includes multiple anti-inflammatory assets that could potentially treat immune-mediated conditions across a range of indications. The lead candidate is expected to enter Phase 1 development in early Q3 2026.

“With this acquisition, we are further deepening our pipeline in immunology by adding a suite of assets that can allow us to expand into new disease areas,” said Priya Singhal, M.D., M.P.H., Executive Vice President and Head of Development at Biogen. “We believe these assets can meaningfully contribute to our long-term pipeline potential and we’re excited about the opportunity to rapidly advance the first candidate into the clinic.”

“With its strong global development capabilities in immunology, we believe that Biogen is the natural fit to move these assets forward into Phase 1 development and beyond,” said Qing Dong, co-founder, Chairman and CEO of RayThera. “I am proud of our team at RayThera for the innovative pipeline we have built together and the rapid advancement of these molecules.”

Financial Details and Terms of the Transaction
Under the terms of the agreement, Biogen will make an upfront payment to RayThera’s shareholders, who would also be eligible for clinical and regulatory milestone payments for a total potential deal value of up to $1 billion. The transaction is subject to customary closing conditions, including receipt of necessary regulatory approvals and is currently anticipated to close in the third quarter of 2026. With the acquisition, once closed, Biogen will lead development, manufacturing and global commercialization of these assets. 

About Biogen
Founded in 1978, Biogen is a leading biotechnology company that pioneers innovative science to deliver new medicines to transform patients’ lives and to create value for shareholders and our communities. We apply deep understanding of human biology and leverage different modalities to advance first-in-class treatments or therapies that deliver superior outcomes. Our approach is to take bold risks, balanced with return on investment to deliver long-term growth.

We routinely post information that may be important to investors on our website at www.biogen.com. Follow us on social media - Facebook, LinkedIn, X, YouTube.

About RayThera, Inc.
RayThera, Inc. is a small molecule drug discovery company focused on building an immunology pipeline. Based in San Diego, CA, and co-founded by Qing Dong, Ph.D., and Gene Hung, M.D., the company is led by a team of accomplished drug discovery leaders and executives with a proven track record across the biotech and pharma industries. RayThera recently completed its Series A financing co-led by Foresite Capital and OrbiMed Advisors, with participation from TTM Capital. For more information, visit www.raythera.com.

Biogen Safe Harbor 
This press release contains forward-looking statements that are being made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995 (the PSLRA) with the intention of obtaining the benefits of the “Safe Harbor” provisions of the PSLRA. This press release contains forward-looking statements, relating to: the anticipated benefits of the RayThera Inc. acquisition (the “Acquisition”), our strategy and our future financial and operating results, costs and other anticipated financial impacts of the Acquisition, and our long-term pipeline potential in immunology. These forward-looking statements may be accompanied by such words as “aim,” “anticipate,” “assume,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “guidance,” “hope,” “intend,” “may,” “objective,” “outlook,” “plan,” “possible,” “potential,” “predict,” “project,” “prospect,” “should,” “target,” “will,” “would,” and other words and terms of similar meaning. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical trials may not be indicative of full results or results from later stage or larger scale clinical trials and do not ensure regulatory approval. You should not place undue reliance on these statements. Given their forward-looking nature, these statements involve substantial risks and uncertainties that may be based on inaccurate assumptions and could cause actual results to differ materially from those reflected in such statements. These forward-looking statements are based on management's current beliefs and assumptions and on information currently available to management. Given their nature, we cannot assure that any outcome expressed in these forward-looking statements will be realized in whole or in part.

We caution that these statements are subject to risks and uncertainties, many of which are outside of our control and could cause future events or results to be materially different from those stated or implied in this document, including, among others, factors relating to: the possibility that the thresholds for clinical and regulatory milestone payments are never met; results of litigation, settlements and investigations; actions by third parties, including governmental agencies; unexpected costs, charges or expenses resulting from the Acquisition; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the Acquisition; the risk that Biogen may not be able to successfully integrate the business of RayThera and realize the expected benefits of the Acquisition in a timely manner or at all; uncertainty of our long-term success in developing, licensing, or acquiring other product candidates or additional indications for existing products; expectations, plans, prospects and timing of actions relating to product approvals, approvals of additional indications for our existing products, sales, pricing, growth, reimbursement and launch of our marketed and pipeline products; the potential impact of increased product competition in the biopharmaceutical and healthcare industry, as well as any other markets in which we compete, including increased competition from new originator therapies, generics, prodrugs and biosimilars of existing products and products approved under abbreviated regulatory pathways; our ability to effectively implement our corporate strategy; difficulties in obtaining and maintaining adequate coverage, pricing, and reimbursement for our products; the drivers for growing our business, including our dependence on collaborators and other third parties for the development, regulatory approval, and commercialization of products and other aspects of our business, which are outside of our full control; risks related to commercialization of biosimilars, which is subject to such risks related to our reliance on third-parties, intellectual property, competitive and market challenges and regulatory compliance; the risk that positive results in a clinical trial may not be replicated in subsequent or confirmatory trials or success in early stage clinical trials may not be predictive of results in later stage or large scale clinical trials or trials in other potential indications; risks associated with clinical trials, including our ability to adequately manage clinical activities, unexpected concerns that may arise from additional data or analysis obtained during clinical trials, regulatory authorities may require additional information or further studies, or may fail to approve or may delay approval of our drug candidates; and the occurrence of adverse safety events, restrictions on use with our products, or product liability claims; and any other risks and uncertainties that are described in other reports we have filed with the U.S. Securities and Exchange Commission, which are available on the SEC’s website at www.sec.gov.

These statements speak only as of date hereof and are based on information and estimates available to us at this time. Should known or unknown risks or uncertainties materialize or should underlying assumptions prove inaccurate, actual results could vary materially from past results and those anticipated, estimated, or projected. Investors are cautioned not to put undue reliance on forward-looking statements. A further list and description of risks, uncertainties and other matters can be found in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and in our subsequent reports on Form 10-Q, in each case including in the sections thereof captioned “Note Regarding Forward-Looking Statements” and “Item 1A. Risk Factors,” and in our subsequent reports on Form 8-K. Except as required by law, we do not undertake any obligation to publicly update any forward-looking statements whether as a result of any new information, future events, changed circumstances or otherwise.

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Cloudflare (NET +2.96%) hasn't fared as well as other cybersecurity stocks this year. It's only up 13.8% year to date, while competitors like CrowdStrike (CRWD +0.81%) and Fortinet (FTNT +1.85%) are up by 49% and 87% year to date, respectively. This gap may exist for a reason, and there is good cause to believe that Cloudflare is overvalued, even at current levels.

Image source: Getty Images.

Profitability remains an issue for Cloudflare Cloudflare's first-quarter results once again showed a net operating loss, which is one of the major headwinds holding the stock back from a higher valuation. Solid growth rates matter, but when a company has been around for more than 15 years, profitability matters a lot more.

The company produced a net operating loss of $62 million. That's a higher operating loss than last year, but it also represents 9.7% of revenue, while the Q1 2025 net operating loss represented 11.1% of revenue. CrowdStrike and Fortinet are both profitable, which partially explains why those stocks have enjoyed better rallies.

Revenue is still good for Cloudflare, with total sales up 34% year over year. Like many cybersecurity companies, Cloudflare enjoys an annual recurring revenue model, which makes it easier to project future results.

Cloudflare also anticipates $2.81 billion in full-year revenue at the midpoint, which represents a 29.6% year-over-year improvement. It's a step down from the 34% growth rate in Q1, but it's also normal for growth-oriented companies to beat and raise guidance. There was no guidance for GAAP (generally accepted accounting principles) net income, indicating that profitability may remain an issue.

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Cloudflare's valuation is already high The price-to-sales (P/S) ratio does not paint a pretty picture for Cloudflare. The stock trades at more than 33 times sales, which is similar to CrowdStrike's valuation and more than double Fortinet's valuation. Still, CrowdStrike delivers profits, while Cloudflare isn't at that level yet.

Cloudflare's P/S ratio doesn't leave much flexibility if revenue growth starts to decelerate in future quarters. Artificial intelligence can accelerate revenue growth rates across the cybersecurity industry, but Cloudflare's recent guidance does not suggest this scenario will play out for the company.

It would be easier to give the stock a chance if it had a lower P/S ratio. Some high-growth companies can get away with high valuations, but if they remain unprofitable for too long, more investors will start to notice and look for other investments.

Cloudflare does a good job of retaining customers and has more than 4,400 large customers, defined as any business that pays at least $100,000 per year for Cloudflare's cybersecurity solutions. Cloudflare also works with more than 40% of Fortune 500 companies.

The company has an excellent service that continues to attract leading businesses. That part is good. However, profitability concerns, guidance forecasting revenue deceleration, and a lofty P/S ratio suggest that investors can do better with other stocks.

The entrance to oilfield service provider SLB's office in Houston, Texas, showing the former Schlumberger's new name and logo, is seen in this handout image taken June 2023. Courtesy of... Purchase Licensing Rights, opens new tab Read more

CompaniesJune 17 (Reuters) - SLB (SLB.N), opens new tab said on Wednesday that it aims to nearly double its annual digital revenue ​to $2 billion by 2030, as it expects AI-driven adoption ‌to lift the global digital market to as much as $50 billion by the end of the decade.

At its Digital Investor Day, the oilfield services provider ​also said it expects annual digital spending to grow ​by an additional $10 billion by 2030.

Learn about the latest breakthroughs in AI and tech with the Reuters Artificial Intelligencer newsletter. Sign up here.

Outlining growth targets for ⁠SLB's digital business, CFO Stephane Biguet said, "We see a ​path to approximately double our current adjusted EBITDA for digital to ​between $1.8 billion and $2 billion by 2030 with margins expanding to a range of 38% to 42% towards the end of the decade."

Oilfield contractors including ​SLB are also pursuing growth by providing power equipment, turbines ​and data solutions to artificial intelligence data centers to tap into the AI ‌infrastructure ⁠boom.

AUTOMATION AND AIEnergy companies like SLB are increasingly adopting digital technologies to manage growing volumes of geological, production and infrastructure data as they look to cut costs, improve reliability and reduce emissions.

SLB said it is widening digital ​adoption by expanding connected equipment ​and data-led services, ⁠with around 35% of its electrical submersible pumps currently connected and monitored, and a target to reach 60% by 2030.

It ​also aims to increase the use of digital ​add-ons in ⁠formation evaluation operations to 60% from roughly 14%, while boosting autonomous drilling to 25% from about 3% over the same period.

In ⁠March, ​SLB had said it would expand its partnership ​with Nvidia (NVDA.O), opens new tab to develop AI infrastructure and models for the energy sector.

Reporting by ​Sumit Saha and Pooja Menon in Bengaluru; Editing by Diti Pujara

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

SLB (NYSE:SLB | SLB Price Prediction) and NVIDIA (NASDAQ:NVDA) have collaborated for roughly two decades, and their partnership just took center stage on CNBC. SLB CEO Olivier Le Peuch sat down with Jim Cramer on June 18, 2026 to walk through the company’s digital investor day and explain how AI is rewiring the oil patch into something that looks a lot more like a software business.

Cramer’s framing was direct: the way oil majors “are going to make more money is by bringing in the technology of SLB.” That is a meaningful endorsement for a company whose stock has had a rough month even as the AI narrative around it has strengthened.

The 20-Year Nvidia Backbone Le Peuch clarified the nature of the Nvidia relationship. SLB discovered Nvidia’s GPU horsepower roughly 20 years ago for reservoir simulation and seismic processing, and the two companies have built what he describes as a symbiotic relationship ever since. The new wrinkle is scale. SLB has been selected as a “modular design partner for NVIDIA DSX AI factories,” and the joint “AI Factory for Energy” announced in March 2026 is being industrialized across SLB’s Delfi and Lumi platforms.

The technical moat matters because oil and gas data is messy, proprietary, and physics-heavy. Le Peuch put it plainly on the Q1 call: “It is the right time for the industry to adopt AI at scale. We are unique in our capability; we have deep domain knowledge and a platform that can help scale AI capability.”

A Software Business Hiding Inside an Oilfield Services Company SLB’s digital business is only about 7% of revenue, yet it carries higher margins than the core and recurring-revenue characteristics typical of enterprise software. Digital revenue hit $640 million in Q1 2026, up 9% year over year, with digital operations growing 87%. Annual recurring revenue crossed $1.02 billion, up 15%. Data center solutions, the modular infrastructure piece tied to the Nvidia partnership, grew 45% year over year and is targeting a $1 billion run rate by year end.

Le Peuch’s anchor message to Cramer: “This digital trend… is here to be a secular trend… This is durable growth. This is adding a new earnings growth engine to the company.” That reframes the stock. Investors used to discount SLB against crude price cycles. The digital layer changes the equation.

Libya: Proof That Drilling Itself Is Becoming AI The most concrete data point came from a Libyan operation. Using autonomous drilling, SLB steered the well dynamically to stay in the reservoir sweet spot, cutting drilling time roughly in half while accessing significantly higher net reservoir pay than prior wells. Customers are moving from pilots to full enterprise rollouts. SLB also reports automated footage reading up 145% year on year, a tangible adoption metric rarely seen in oilfield services.

The Stock Setup SLB shares trade at $48.28, down 11.48% over the past month as WTI crude slid 22.3% from its early-June highs to $84.65. Year to date, SLB is up 32.57%, with a forward P/E of 20 and an analyst target of $62.36. The pullback resets the digital thesis at a lower price for investors weighing Le Peuch’s secular argument.

Nvidia reported Q1 FY2027 revenue of $81.61 billion, up 85.2% year over year, with Jensen Huang calling AI factory buildout “the largest infrastructure expansion in human history.” Energy is the next frontier of that buildout. The supporting filing is available via the company’s Q1 FY2027 8-K.

What To Watch If Le Peuch is right that digital is decoupled from crude, the next two quarters should show data center solutions ARR continuing to compound even as oil prices wobble. The Nvidia partnership is the compute backbone making autonomous drilling commercially viable. For Nvidia, SLB validates that AI factories sell into industries far beyond the cloud. For SLB, the relationship is the bridge from cyclical services vendor to durable AI platform. Keep an eye on the stock as that thesis gets tested.

Key Takeaways Cameco posted 7% Q1 revenue growth and adjusted earnings jumped 194% year over year.Centrus raised 2026 revenue guidance and reported a $3.9 billion backlog extending to 2040.CCJ's 2026 and 2027 earnings outlook outpaces LEU, whose estimates point to declines. Cameco Corp. (CCJ - Free Report) and Centrus Energy (LEU - Free Report) are two prominent names positioned to benefit from the growing global demand for nuclear power. 

Cameco is one of the world’s largest uranium producers with an integrated business spanning mining, milling and fuel services. The company owns interests in world-class assets such as McArthur River and Cigar Lake and benefits from established production, long-term contracts and strong operating cash flows. Centrus Energy supplies nuclear fuel and services for the nuclear power industry, and is pioneering the production of High-Assay, Low-Enriched Uranium (HALEU).

As governments increasingly embrace nuclear energy to meet rising electricity demand and decarbonization goals, both companies appear well-placed for long-term growth. In this context, which stock offers better long-term growth prospects, Cameco or Centrus Energy? To make an informed decision, let us analyze their fundamentals, growth potential and key challenges.

The Case for CCJIn the first quarter of 2026, Cameco’s total revenues were up 7% to CAD 845 million ($616 million), reflecting improved performance of the uranium segment, which helped offset lower revenues in Fuel services.  Uranium revenues increased 15% to CAD712 million ($520 million) on higher volumes and prices. Fuel Services revenues were down 1% year over year to CAD 134 million ($98 million), with higher volumes being offset by a 17% decline in average realized prices. 

Cameco’s adjusted earnings surged 194% year over year to CAD 0.47 (34 cents) per share in the quarter. This was mainly attributed to higher revenues and stronger equity earnings from its 49% interest in Westinghouse Electric Company.

For 2026, CCJ expects its share of uranium production from McArthur River mine/Key Lake and Cigar Lake to range between 19.5 million and 21.5 million pounds compared with 21 million pounds of uranium in 2025. Although flooding in northern Saskatchewan temporarily disrupted operations at the Key Lake mill and McArthur River earlier this year, management has established a reliable flow of critical supplies through a secondary transportation route, restoring operations.

Cameco’s share of uranium from Cigar Lake is currently expected to be 9.5-10 million pounds and McArthur River’s contribution is anticipated at 10.0-11.5 million pounds for 2026. Cameco recently announced plans to increase its stake in Cigar Lake to 57.418%. Following the closure of the deal, which is expected in the third quarter of 2026, the guidance from the mine is expected to be revised subsequently. 

Uranium deliveries are targeted at 29-32 million pounds for 2026, below the 33 million pounds delivered in 2025. Uranium revenues are projected at CAD 2.54–2.73 billion for 2026, which implies a 7% year-over-year decline at the midpoint due to lower volumes. The fuel services segment is expected to fare better, with revenues projected at CAD 590-630 million, suggesting a 9% increase from 2025 levels.  Cameco’s total revenue guidance for the year is CAD 3.13-3.37 billion, indicating a 7% decline at the midpoint from 2025.

Cameco also benefits from excellent long-term contract visibility. As of March 31, 2026, Cameco had secured contracts requiring average annual uranium deliveries of more than 28 million pounds per year over the next five years. The company also has sale contracts for roughly 83 million kilograms of UF6 conversion to 33 customers. 

Cameco is investing to expand production and capture favorable market conditions, including extending Cigar Lake’s mine life to 2036 and ramping up output at McArthur River and Key Lake toward their licensed annual capacity of 25 million pounds (100% basis).

The Case for Centrus EnergyFor the first quarter of 2026, Centrus Energy reported revenue growth of 5% year over year to $76.7 million. Revenues from the Low-Enriched Uranium segment decreased 13% year over year to $44.6 million. Management noted that SWU revenues slid 19% to $41.6 million as the volume of SWU sold fell 47%, partly offset by a 52% jump in the average selling price. Uranium sales added $3 million in the quarter.  
The Technical Solutions segment generated revenues of $32.1 million, up 47% from the year-ago quarter. The lift was primarily tied to a $9.8 million increase from the HALEU Operation Contract with the Department of Energy.

Centrus Energy raised its full-year 2026 revenue guidance to a range of $450-$500 million from the prior range of $425-$475 million. As of March 31, 2026, the total company backlog was $3.9 billion, which extends to 2040, providing significant long-term revenue visibility.

The company is pursuing a multi-billion-dollar expansion of its Piketon, OH, facility to increase LEU and HALEU output and support more than $2.4 billion of contingent LEU sales commitments that are under definitive agreements as of March 31, 2026. The company continues to expect total capital deployment of $350-$500 million in 2026, driven by increased investment tied to its industrial buildout.

To improve operational efficiency, Centrus Energy has partnered with Palantir Technologies (PLTR - Free Report) and identified nearly $300 million in potential cost savings tied to its expansion initiatives.

The company is targeting annual HALEU production of 12 metric tons sometime after 2030, with initial production expected before the end of the decade.

Importantly, Centrus Energy remains the only licensed producer of HALEU in the Western world, giving it a unique strategic advantage as demand for advanced reactor fuel grows. Management estimates the HALEU market opportunity could reach $8 billion annually by 2035.

The company recently signed an agreement with Oklo Inc. (OKLO - Free Report) under which Centrus Energy will supply enough HALEU to power up to five Aurora powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus Energy will supply HALEU from the American Centrifuge Plant in Ohio to support Oklo’s planned 1.2 GW power campus in the region.

How do Estimates Compare for Cameco & Centrus Energy?The Zacks Consensus Estimate for Cameco’s 2026 earnings indicate a year-over-year increase of 17.5%. The estimate for 2027 indicates a year-over-year rise of 58.7%.

The consensus estimate for Centrus Energy’s 2026 earnings is pegged at $2.74 per share, which indicates a year-over-year decline of 29.7%. The estimate for 2027 earnings is pinned at $2.73 per share, indicating a year-over-year dip of 0.14%.

Image Source: Zacks Investment Research

Over the past 90 days, the EPS estimates for Cameco’s fiscal 2026 have moved down, while the estimates for 2027 have moved up. The estimates for Centrus Energy for both fiscal 2026 and fiscal 2027 have moved down in the same timeframe.

Image Source: Zacks Investment Research

CCJ & LEU: Price Performance & ValuationIn the past six months, Cameco stock has appreciated 23% while Centrus Energy shares have declined 18.4%.

Image Source: Zacks Investment Research

Cameco is trading at a forward price-to-earnings multiple of 63.08X. Centrus Energy’s forward sales multiple sits at 62.25X.

Image Source: Zacks Investment Research

ConclusionBoth Centrus Energy and Cameco are poised to thrive as nuclear energy gains global traction. Cameco offers scale, diversification and steady earnings visibility through its integrated fuel cycle and Westinghouse investment. Centrus Energy is uniquely positioned to drive the next phase of nuclear innovation through HALEU production.

Both stocks currently have a Zacks Rank #3 (Hold) each, which makes choosing one a difficult task. From a price performance standpoint and earnings growth projections, Cameco is the more appealing option at the moment, albeit at a slightly higher valuation.

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

(We are reissuing this article to correct a mistake. The original article, issued on June 18, 2026, should no longer be relied upon.) 

Key Takeaways BEN reached a 52-week high of $33.29 and outperformed IVZ and TROW over six months.BEN's AUM grew at a 3.1% CAGR over five years, with continued momentum in the first half of fiscal 2026.BEN is expanding through acquisitions and partnerships across alternatives and digital assets. Shares of Franklin Resources, Inc. (BEN - Free Report) touched a new 52-week high of $33.29 during yesterday’s trading session before closing slightly lower at $33.18.

Over the past six months, BEN shares have rallied 38.9% against the industry’s decline of 9.7%. The stock has also fared better than its close peers, Invesco Ltd. (IVZ - Free Report) and T. Rowe Price Group, Inc. (TROW - Free Report) , which gained 10.3% and 5.5%, respectively, over the same period.

Price Performance
Image Source: Zacks Investment Research

Does Franklin have more upside left after touching a new 52-week high? Let us find out.

Other Factors Supporting Franklin’s GrowthAUM Growth Driven by Diversification Efforts: Franklin has continued to deliver healthy growth in its assets under management (AUM) over the years, registering a 3.1% compound annual growth rate (CAGR) over the past five fiscal years through fiscal 2025, despite declines in fiscal 2022 and 2025. The upward momentum continued in the first half of fiscal 2026.

AUM Growth Trend
Image Source: Franklin Resources, Inc.

The company’s strategic push into higher-demand asset classes, especially alternatives, is expected to remain a key driver of AUM expansion going forward. In addition, its regionally diversified distribution network has helped strengthen its non-U.S. franchise and supported steady net inflows.

Solid Organic Growth: Organic growth has been a key strength for Franklin over the years. Although revenues declined in fiscal 2023, the company recorded a CAGR of 1.9% over fiscal 2022-2025. The growth momentum continued in the first six months of fiscal 2026, with revenues increasing year over year.

Going forward, revenues are likely to benefit from BEN's relatively strong distribution platform, which has supported diversification inflows across funds, vehicles and asset classes. The company also enjoys a first-mover advantage in several international markets and continues to diversify its business to build broader sources of revenues, primarily driven by a solid fixed-income pipeline. These initiatives, along with expanding investment capabilities, are expected to support long-term revenue growth.

The Zacks Consensus Estimate for BEN's fiscal 2026 and fiscal 2027 revenues is pegged at $9.1 billion and $9.2 billion, indicating year-over-year growth rates of 3.6% and 0.9%, respectively.

Revenue Estimates
Image Source: Zacks Investment Research

Strategic Acquisitions and Partnerships to Expand Capabilities: As part of its ongoing strategy to diversify investment offerings and strengthen its presence in high-growth asset classes, Franklin has continued to expand through acquisitions and strategic partnerships. In April 2026, the company agreed to acquire 250 Digital, a crypto investment firm spun out of CoinFund, and launch the Franklin Crypto unit to enhance its digital asset capabilities and broaden its institutional reach. Earlier, in February 2026, BEN partnered with Binance to introduce an off-exchange institutional collateral program aimed at improving the safety and capital efficiency of digital asset trading.

Franklin has also been strengthening its alternatives and technology capabilities. In November 2025, the company partnered with Wand AI to bolster AI-driven research and operations. Earlier, in October 2025, BEN acquired Apera Asset Management, expanding its alternative credit AUM to more than $90 billion and increasing its overall alternatives platform to approximately $270 billion. In September 2025, partnerships with Copenhagen Infrastructure Partners, DigitalBridge and Actis broadened its private infrastructure offerings, while the alliance with SBI Holdings in 2024 strengthened its exchange-traded fund and digital asset capabilities.

Together, these acquisitions and partnerships are expected to enhance Franklin's alternative investment capabilities, diversify revenue streams and support long-term AUM growth across its global asset management platform.

Strong Liquidity to Aid Shareholder Returns: Franklin maintains a healthy liquidity profile, providing financial flexibility and supporting its ability to pursue growth opportunities while returning capital to shareholders. As of March 31, 2026, the company had no short-term debt, while its liquidity position, comprising cash and cash equivalents, receivables and investments, stood at $6.6 billion.

As such, Franklin's strong liquidity position continues to support its shareholder-friendly capital distribution activities. In December 2025, the board authorized the repurchase of an additional 20.8 million shares, taking the total authorization to 40 million shares. As of March 31, 2026, shares worth $35.9 million remained available under the authorization. Further, the company raised its quarterly cash dividend by 3.1% to 33 cents per share in December 2025 and has increased dividends five times over the past five years. BEN currently offers a dividend yield of 3.9%, above the industry average of 2.5%. Meanwhile, Invesco and T. Rowe Price offer dividend yields of 2.9% and 4.8%, respectively.

Dividend Yield
Image Source: Zacks Investment Research

Concerns Prevailing for BENInvestment Management Fees Remain a Key Concentration Risk: The company's total revenues are heavily dependent on investment management fees, which represent its largest revenue source. These fees accounted for 79.3% of total revenues as of March 31, 2026, and have witnessed a volatile trend over the years. While the metric has generally trended upward in recent years, it largely depends on the level and mix of AUM, which are influenced by market conditions, client flows and investor preferences.

Further, Franklin's AUM is exposed to foreign exchange movements, regulatory changes and broader economic conditions. Thus, any sustained decline in AUM levels may pressure investment management fees and adversely impact the company's financial performance.

Higher Expenses Could Pressure Profitability: Franklin has been witnessing elevated operating expenses over the years. Though expenses declined in fiscal 2022, the metric recorded a CAGR of 7.9% over fiscal 2022-2025, with the upward trend continuing in the first six months of fiscal 2026.

Moreover, the acquisition of Apera Asset Management is expected to add roughly $30 million in expenses in fiscal 2026. While management expects efficiency savings to offset these costs, ongoing investments in technology, higher fundraising expenses and integration costs related to specialist investment managers may continue to pressure margins and limit bottom-line growth.

Analyzing BEN's Earnings Estimates and ValuationAnalysts are optimistic regarding Franklin’s earnings growth potential. Over the past month, the Zacks Consensus Estimate for the company’s fiscal 2026 and 2027 earnings has been revised upward. The estimated figures reflect respective year-over-year growth rates of 23.4% and 8.4%.

Earnings Revision Trend
Image Source: Zacks Investment Research

In terms of valuation, BEN stock appears inexpensive relative to the industry. The company is currently trading at a forward 12-month price-to-earnings (P/E) multiple of 11.4X, which is below the industry’s P/E of 13.8X.

Price-to-Earnings F12M
Image Source: Zacks Investment Research

Meanwhile, Invesco holds a P/E ratio of 10.62X, while T. Rowe Price’s P/E ratio stands at 11.3X.

How to Approach BEN Stock Now?Franklin’s expanding alternatives platform, along with its strategic acquisitions and growing digital asset capabilities, is expected to support long-term AUM and revenue growth. Strong liquidity and consistent capital return initiatives further highlight the company’s financial strength and shareholder-friendly approach.

Improving earnings performance, a diversified product suite and a strengthening global distribution network continue to support Franklin’s long-term growth outlook. Additionally, BEN stock appears attractively valued relative to the industry.

However, volatility in investment management fees, along with a rising expense base driven by acquisitions and integration costs, is likely to pressure margins and earnings in the near term.

Hence, despite the recent rally, investors may prefer to wait for a more attractive entry point. Existing shareholders, however, may continue to hold the stock, given Franklin’s solid fundamentals and long-term growth initiatives.

The company 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 Cardinal Health shares are up 7.9% YTD after gaining 74% in 2025 on strong execution.CAH raised fiscal 2026 guidance after reporting 35% EPS growth in third-quarter results.Cardinal Health is expanding specialty pharma, advanced therapies and higher-margin services. After delivering a remarkable 74% gain in 2025, shares of Cardinal Health (CAH - Free Report) have climbed another 7.9% year to date, reflecting continued investor confidence in the company’s evolving growth strategy. The rally can be attributed to consistently strong earnings execution, accelerating specialty pharmaceutical expansion and growing contribution from higher-margin healthcare services businesses.

CAH stock has outperformed its closest peers, McKesson (MCK - Free Report) and Cencora, Inc. (COR - Free Report) , so far this year. Over the same period, shares of McKesson have lost 8.5%, while those of Cardinal Health have declined 19.5%.

On its fiscal third-quarter 2026 earnings call, Cardinal Health once again raised earnings guidance after reporting 35% earnings per share (EPS) growth, underscoring management’s confidence in sustained operational momentum. While macro uncertainties and pricing headwinds remain, Cardinal Health is increasingly transforming itself from a traditional pharmaceutical distributor into a diversified healthcare infrastructure company positioned to benefit from specialty medicine growth, advanced therapies and expanding outpatient care trends.

YTD Performance: CAH vs Industry & Peers

Image Source: Zacks Investment Research

Key Growth Drivers

Specialty Pharmaceutical Business Continues to Power Core Growth: Cardinal Health’s Pharmaceutical and Specialty Solutions business remains its primary growth engine. In the fiscal third quarter, segment revenues rose 11% to $56.1 billion while segment profit jumped 18%, significantly outpacing top-line growth.

Specialty revenues continue to expand above market rates, with management expecting specialty sales to exceed $50 billion in fiscal 2026. Growth is being supported by expanding manufacturer partnerships, specialty distribution and increasing penetration across physician practices.

MSO Platform Expansion Strengthens Competitive Position: The company continues to focus on expanding its physician-focused management services organization (MSO) platform, a key strategy to support long-term growth. Management highlighted continued progress with integrating Solaris into Specialty Alliance, helping expand multispecialty physician offerings.

This strengthens Cardinal Health’s downstream presence with providers while deepening relationships with manufacturers. As specialty drugs become increasingly complex and high-value, the physician networks should help drive durable growth through improved care coordination and service differentiation.

Advanced Therapies and Radiopharma Offer High-Growth Opportunities: Cardinal Health is aggressively positioning itself in next-generation therapies. Its recent 2026 Advanced Therapies report highlighted strong industry momentum toward moving gene and cell therapies into community-based care settings.

Simultaneously, the company significantly expanded Actinium-225 production capacity after already quadrupling output since late 2024. As targeted alpha therapies and radiopharmaceuticals are rapidly emerging as key oncology growth areas, Cardinal Health is building early leadership in this potentially multibillion-dollar market.

Adjacent Businesses Are Becoming Meaningful Profit Drivers: Beyond core pharmaceutical distribution, Cardinal Health’s newer healthcare businesses are scaling rapidly. The company reported 31% revenue growth and 34% profit increase in its “Other Growth Businesses” segment, driven by At-Home Solutions, Nuclear and Precision Health Solutions, and OptiFreight Logistics.

Particularly noteworthy is theranostics, where Nuclear and Precision Health Solutions delivered more than 30% growth, reflecting rising demand for precision medicine and oncology-focused diagnostics.

Estimate Revision Trend for CAHEstimates for Cardinal Health’s fiscal 2026 earnings have moved up 16.5% to $10.76 per share over the past year, while the same for fiscal 2027 earnings has improved 17.2% to $11.98. The positive estimate revision depicts bullish sentiments for the stock.

Image Source: Zacks Investment Research

Competition Remains Intense as Rivals Expand Similar Specialty StrategiesCardinal Health continues to face aggressive competition from McKesson and Cencora, both of which are pursuing similar specialty-driven strategies. McKesson delivered 18% adjusted EPS growth in fiscal 2026 while expanding oncology and multispecialty platforms, adding over 570 providers and strengthening AI-enabled supply-chain capabilities.

Cencora continues to invest heavily in specialty pharmaceuticals, oncology-focused MSO platforms and digital infrastructure through its OneOncology acquisition. Compared with peers, Cardinal Health currently stands out for stronger earnings momentum and faster scaling of high-margin businesses like theranostics and precision health, giving it a relative execution advantage entering the second half of 2026.

Valuation OutlookCardinal Health’s improving fundamentals have translated into stronger earnings visibility and guidance. Strong earnings momentum supports the stock’s performance and suggests that Cardinal Health remains attractively positioned relative to its historical growth profile.

CAH’s shares currently trade at a forward 12-month price-to-earnings (P/E) of 18.57X, higher than the industry average of 16.15X.

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Risks and Challenges Could Limit Further UpsideDespite strong momentum, several risks remain. Tariff exposure continues to put pressure on Cardinal Health’s GMPD segment, where profits declined due to adverse tariff impacts despite operational improvements. Growth in GLP-1 drug sales has moderated after prior strength, while Inflation Reduction Act pricing adjustments continue to hurt pharmaceutical revenue growth.

Rising competitive intensity in specialty distribution from McKesson and Cencora could pressure market share gains. Execution risk around scaling newer businesses, such as radiopharma and advanced therapies, also remains an important factor for investors monitoring the stock’s next move.

CAH’s Zacks Rank & Another Key PickCurrently, Cardinal Health has a Zacks Rank #2 (Buy).

West Pharmaceutical (WST - Free Report) is another top-ranked stock from the broader medical space. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

West Pharmaceutical, sporting a Zacks Rank #1 at present, reported first-quarter 2026 earnings per share (EPS) of $2.13, which beat the Zacks Consensus Estimate by 26.8%. Revenues of $844.9 million surpassed the Zacks Consensus Estimate by 8.5%.

West Pharmaceutical has an estimated long-term earnings growth rate of 13.9%. WST’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 19.4%.

NEW YORK, June 23, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Lucid Group, Inc. (“Lucid” or the “Company”) (NASDAQ: LCID) and certain officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 26-cv-05128, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Lucid securities between February 25, 2026 and April 13, 2026, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are an investor who purchased or otherwise acquired Lucid securities during the Class Period, you have until July 28, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

[Click here for information about joining the class action]

Lucid is a technology company that designs, develops, manufactures, and sells electric vehicles, EV powertrains, and battery systems. The Company’s products include, inter alia, the “Lucid Air” sedan and “Lucid Gravity” sport utility vehicle.

At all relevant times, Defendants touted purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations. In particular, beginning in late-February 2026, Defendants represented that, in fiscal year (“FY”) 2025, they had implemented sustainable improvements in these areas, including with respect to the production and ramp-up of deliveries of the Lucid Gravity. Defendants likewise asserted that these improvements would lead to profitable growth and performance efficiencies in FY 2026. Unbeknownst to investors, however, Lucid’s performance was materially hampered by significant supplier and delivery issues in February 2026, putting the Company on track for dismal, rather than improved, performance in its first quarter (“Q1”) of 2026.

The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (ii) the foregoing was likely to, and did, have a material negative impact on the Company’s business and financial results; (iii) accordingly, the Defendants had overstated the purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations; and (iv) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

The truth began to emerge on April 3, 2026, when Lucid issued a press release “announc[ing its Q1 2026] production and delivery totals[.]” Lucid revealed that it had “produced 5,500 vehicles” during Q1 2026, while only “deliver[ing] 3,093 vehicles.” The press release further disclosed that, “[d]uring the quarter, deliveries of the Lucid Gravity were disrupted for 29 days due to a supplier quality issue with the second-row seats” and, “[a]s a result of this, the company’s ability to meet customer demand was impacted.”

The same day, Reuters published an article entitled “Lucid misses first-quarter vehicle delivery estimates on supplier disruptions”. The article provided additional color and comments from Defendant Marc Winterhoff (“Winterhoff”), the Company’s Interim Chief Executive Officer (“CEO”), regarding Lucid’s disappointing Q1 2026 delivery results—most notably that deliveries were particularly impacted over a month earlier in February 2026, when Lucid paused to reverse an unauthorized supplier change and inspect vehicles already produced.

The next trading day, April 6, 2026, 24/7 Wall St. published an article entitled “Lucid Faces Biggest Disaster Ever”, which described the number of vehicles that Lucid delivered in Q1 2026 as “remarkably small”, stating that Lucid “cannot sell fewer than 4,000 vehicles and even pretend this is sustainable.” 

Following the foregoing news and disclosures, Lucid’s stock price fell $1.13 per share, or 11.35%, over the following two trading sessions, to close at $8.83 per share on April 7, 2026.

On April 14, 2026, Lucid filed a current report on Form 8-K with the United States Securities and Exchange Commission (“U.S.”), reporting, inter alia, its preliminary Q1 2026 financial results, including revenue in the range of $280 million to $284 million—well below the consensus estimate of $433.8 million—and losses from operations in the range of $985 million to $1.005 billion.

The same day, Lucid issued a press release revealing its plans for a $1.05 billion capital raise, including a $300 million public stock offering.

Following these disclosures, Lucid’s stock price fell $0.44 per share, or 4.76%, to close at $8.80 per share on April 14, 2026.

Then, on May 5, 2026, Lucid issued a press release reporting its Q1 2026 financial results, including GAAP earnings per share of -$3.46, missing consensus estimates by $0.83, a net loss of over $1 billion, and revenue of $282.47 million, missing consensus estimates by $76.04 million. Defendant Winterhoff, as quoted in the press release, acknowledged that the previously disclosed “supplier issue . . . during the quarter had an impact,” and the need to “align[] production and delivery with customer demand.” Lucid’s Chief Financial Officer, Defendant Taoufiq Boussaid, as quoted in the same press release, likewise acknowledged that “[w]e ended the quarter with elevated inventory that we expect to convert to revenue and cash as deliveries normalize[.]”

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com. 

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

Enhances portfolio, high grades capital allocation, lowers costs and enhances liquidity June 17, 2026 02:00 ET  | Source: Kosmos Energy, LLC

DALLAS, June 17, 2026 (GLOBE NEWSWIRE) -- Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) is pleased to announce the completion of the sale of its interests in the Ceiba Field and Okume Complex production assets in Block G offshore Equatorial Guinea to Panoro Energy (“Panoro”).

The final cash consideration on completion, post-closing adjustments, was approximately $127 million. The closing adjustments reflect the cash received from the assets in the first half of 2026 to completion on June 16, 2026. Future contingent payments of up to ~$40 million are subject to certain oil price and production thresholds.

The transaction proceeds will be used to repay borrowings under the Company’s reserves-based lending (RBL) credit facility.

Andrew G. Inglis, Kosmos Energy’s chairman and chief executive officer said: “We are pleased to have closed this transaction, a win-win for Kosmos and Panoro. For Kosmos, the transaction high grades our portfolio by divesting high unit operating cost production and increases balance sheet resilience, with retained exposure to future upside from the assets. Strategically, it also enables Kosmos to focus our capital and expertise on our world-class assets where we can add the most value for our stakeholders over the long-term. We’d like to thank CEMAC and the Government of Equatorial Guinea for their timely approvals.” 

To reflect the impact of the sale completion, Kosmos will provide updated full year 2026 guidance with its second quarter results in August. Production year-to-date has been around 5,800 barrels of oil per day net to Kosmos. An asset retirement obligation liability of around $140 million will also be removed from the balance sheet.

About Kosmos Energy

Kosmos Energy is a leading deepwater exploration and production company focused on meeting the world’s growing demand for energy. We have diversified oil and gas production from assets offshore Ghana, Mauritania, Senegal and the Gulf of America. Additionally, in the proven basins where we operate, we are advancing high-quality development opportunities, which have come from our exploration success. Kosmos is listed on the NYSE and LSE and is traded under the ticker symbol KOS. As an ethical and transparent company, Kosmos is committed to doing things the right way. The Company’s Business Principles articulate our commitment to transparency, ethics, human rights, safety and the environment. Read more about this commitment in the Kosmos Sustainability Report. For additional information, visit www.kosmosenergy.com. 

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Kosmos expects, believes or anticipates will or may occur in the future are forward-looking statements. Kosmos’ estimates and forward-looking statements are mainly based on its current expectations and estimates of future events and trends, which affect or may affect its businesses and operations. Although Kosmos believes that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made in light of information currently available to Kosmos. When used in this press release, the words “anticipate,” “believe,” “intend,” “expect,” “plan,” “will” or other similar words are intended to identify forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Kosmos, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Further information on such assumptions, risks and uncertainties is available in Kosmos’ Securities and Exchange Commission (“SEC”) filings. Kosmos undertakes no obligation and does not intend to update or correct these forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by applicable law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.

Investor Relations
Jamie Buckland
+44 (0) 203 954 2831
[email protected]

Media Relations
Thomas Golembeski
+1-214-445-9674
[email protected]