Broadcom očekává ve fiskálním roce 2027 tržby z AI kolem 115 miliard USD a říká, že poptávka je vyšší než tento výhled. Růst ale bude záviset na dostupnosti dodávek a připravenosti datacenter.
Key Takeaways Broadcom sees fiscal 2027 AI semiconductor revenues near $115B, supported by secured supply.Customer demand exceeds AVGO's 2027 outlook, but supply and data center readiness will shape deployments.Broadcom expects AI networking revenues to grow as fast as XPUs over the next few years. Broadcom Inc. (AVGO - Free Report) used its fiscal third-quarter 2026 earnings call to extend the AI story through fiscal 2028, while stressing that supply and data center readiness will determine the pace of deployment.
Third-quarter revenues of $29.59 billion and non-GAAP EPS of $3.32 topped the Zacks Consensus Estimate of $29.47 billion and $3.22, respectively. Management focused more on the execution and durability of AI demand than on the quarterly beat.
AVGO Maps an AI Revenue Doubling PathPresident and CEO Hock Tan expects fiscal fourth-quarter AI semiconductor revenues of $21.7 billion, up 236% year over year, and consolidated revenues of $34.8 billion, up 93%. Fiscal 2026 AI revenues are now expected at $58 billion, above the prior $56 billion guidance.
For fiscal 2027, Tan said Broadcom has secured supply to support about $115 billion of AI semiconductor revenues. Customer demand exceeds that outlook, and management plans to work on expanding supply.
Broadcom also outlined about $230 billion of AI semiconductor revenues for fiscal 2028. Tan framed the figures as a growth trajectory and tied realization to actual data center deployment readiness.
Broadcom Details the XPU Customer Ramp-UpCEO Tan said the Google relationship now includes a long-term agreement covering future TPU generations and AI networking, with multi-tens of billions of dollars of TPUs planned annually over the next several years.
Anthropic is expected to deploy another 5 gigawatts of TPU version 8i in 2027 after 1 gigawatt of Ironwood in 2026, followed by an incremental 10 gigawatts in 2028.
OpenAI is on track for 1.3 gigawatts of Jalapeno in 2027 and more than 5 gigawatts in 2028. Meta remains on track for three MTIA generations and 3 gigawatts through 2028.
AVGO Puts Supply Discipline Behind the OutlookA Morgan Stanley analyst asked whether the fiscal 2027 AI outlook could move higher. Tan said customers want more product, but Broadcom based its outlook on secured supply and deployments it believes can be completed.
A Jefferies analyst asked about substrate capacity. Tan said Broadcom plans to begin deploying its Singapore substrate fab in fiscal 2027 to address a key supply bottleneck.
Goldman Sachs and Truist analysts focused on infrastructure constraints. Tan said land, power and shell can dictate timing, while leading-edge wafers, substrates, HBM and system memory add further supply-chain variables.
Broadcom Extends Ethernet Across AI ClustersPresident of Semiconductor Solutions Charlie Kawwas said both 100-gig and 200-gig Tomahawk 6 versions are deployed across AI hyperscalers building XPUs with Broadcom, and among customers using other accelerators.
Kawwas said Tomahawk Ultra is entering scale-up applications in the current quarter and fiscal 2027. He cited deployments across XPU clusters and some GPU clusters, using Ethernet as an open interconnect.
Tan added that AI networking revenues are expected to grow as fast as XPUs over the next few years. Broadcom also taped out Tomahawk 7, its 200-terabit-per-second Ethernet switch.
AVGO Balances Margin Dilution and AI FinancingChief financial officer Amie Thuener guided fiscal fourth-quarter consolidated gross margin to about 73% as XPUs and higher memory content increase their mix. Non-GAAP operating margin is expected near 66%.
Tan reinforced the operating-leverage focus in Q&A, noting that revenue growth is outpacing the operating spending required to support the AI ramp-up. Third-quarter non-GAAP operating margin was 67.9%.
Thuener said the XPV financing platform will be evaluated deal by deal. The first $35 billion tranche supports Anthropic's 1-gigawatt deployment, while future structures may include modest residual-value guarantees.
Broadcom Keeps Execution at the CenterManagement combined aggressive AI capacity plans with explicit execution controls. Customer commitments, secured supply and data center construction schedules shape the fiscal 2027 and 2028 revenue framework.
Broadcom is also funding substrate and optical capacity while protecting operating leverage. The call centered on scaling custom compute and networking together, with supply discipline shaping how quickly demand converts to revenues.
Zacks Signals for AVGOAVGO carries a Zacks Rank #3 (Hold), with a Growth Score of B and Value, Momentum and VGM Scores of D. Zacks' framework treats A and B Style Scores as more favorable, while a Rank #3 can still be held with the same grade hierarchy applied. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The B Growth Score is the strongest Style Score signal, while the D ratings temper the broader profile. The Zacks Rank can change as earnings-estimate revisions incorporate the just-reported results, so the current reading should be viewed as dynamic rather than permanent.
Washington's push to regulate stablecoins sent Circle Internet stock soaring past a key threshold this morning, even as 21 of the biggest names in traditional finance quietly assembled a rival that could upend the very advantage regulators are handing Circle.
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Stablecoin regulation is driving a sharp rerating in Circle Internet stock this morning, as a policy push in Washington outweighs the news of a bank-led rival coin. Circle Internet Group (NYSE:CRCL | CRCL Price Prediction) stock is up 14% to $100.63 in morning trading, a decisive move that pushes the shares above the psychologically important $100 level.
The broader benchmarks are calmer but still constructive. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 0.91% to $772.09, tracking the S&P 500 higher this morning. Circle Internet stock was up 12% year to date through the prior close, so today’s advance stacks on an already hot run and lifts the year-to-date gain sharply from that mark.
Testimony Fuels the Rally Circle President Heath Tarbert testified before the House Financial Services Committee, urging full implementation of the GENIUS Act, the federal framework for payment stablecoins covering reserve requirements, redemption at par, and disclosures that takes effect no later than January 2027. Tarbert warned lawmakers that the country risks losing financial influence if the next generation of money and capital markets is built on infrastructure governed outside the United States, and he called for closing offshore loopholes.
Tarbert stated, “Congress cannot determine which technologies will succeed. It can determine whether American law, American institutions, and the dollar will remain embedded in the systems that do.” Circle Internet issues USDC, the second-largest stablecoin, with a circulating supply of 73.7 billion tokens, according to Circle Internet Group.
A federal charter, tighter reserve rules, and closed offshore loopholes read as a direct tailwind for the issuer with the deepest U.S. regulatory footprint. Circle already secured its OCC federal trust bank charter and set up Circle National Trust as a supervised foundation for institutional digital-asset services.
Bank Consortium Adds the Bear Case The counterweight in this story sits on the other side of the same regulatory frame. Goldman Sachs (NYSE:GS) is a member of a consortium of 21 financial institutions planning to issue a dollar-pegged stablecoin in the first half of 2027, backed one-to-one by reserves on public blockchains, expanded from the 10 banks involved at its announcement. Goldman Sachs and its consortium peers first floated the group in October 2025, and the roster has more than doubled since, according to Goldman Sachs Group Inc.
That’s the tension worth sitting with. The same regulation that legitimizes USDC also legitimizes a competing bank-issued token backed by balance sheets and customer relationships Circle can’t match. For now, the near-term reading favors Circle Internet, since USDC has scale and distribution today while the consortium product isn’t due for more than a year.
Peers and the Crypto Backdrop Coinbase Global (NASDAQ:COIN) is Circle’s primary USDC distribution partner and shares in reserve economics, and Coinbase stock is riding the same wave this morning. Coinbase confirmed on its most recent call that the Circle partnership auto-renewed on the same terms, which removes a near-term overhang that had weighed on both names. COIN stock jumped 10% $191.98 in Thursday morning trading.
Meanwhile, the iShares Bitcoin Trust ETF (NASDAQ:IBIT) is advancing 4% to $45.74 alongside firmer crypto prices, a helpful backdrop for stablecoin sentiment even though the fund’s mandate is pure Bitcoin (CRYPTO:BTC) exposure. BlackRock (NYSE:BLK), the ETF’s sponsor, is a Circle institutional partner and a founding validator on Circle’s forthcoming Arc network, tying the largest asset manager on the planet directly into the USDC ecosystem.
Cathie Wood’s ARK Invest added conviction to the narrative last week. On August 31, Wood’s firm bought 35,192 Circle Internet shares worth roughly $3.36 million, days after Circle announced a front-of-shirt partnership with Chelsea Football Club.
What to Watch Next The next moves on GENIUS Act rulemaking and any concrete consortium filings in the coming weeks may reset the debate. The Arc mainnet public launch on September 16 is the next scheduled catalyst on Circle’s calendar, with BlackRock’s BUIDL tokenized fund and DTCC’s tokenized-securities pipeline lined up as flagship use cases.
With the bulk of Circle Internet stock’s advance concentrated in the past month and tied to a legislative timetable rather than delivered results, investors sizing their exposure should keep their positions moderate. A framework that arrives with 21 large banks on the other side is a two-edged catalyst, and the trade could turn quickly if consortium timelines accelerate.
Contact [email protected] for any questions or corrections.
CN v srpnu přepravila 2,50 milionu metrických tun obilí z Western Canada a stanovila nový měsíční rekord. Překonala tak dosavadní maximum 2,34 milionu tun ze srpna 2020.
MONTREAL, Sept. 03, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that it set another a new monthly record for grain movement across its network. In August, CN moved 2.50 million metric tonnes (MMT) of grain from Western Canada, surpassing the previous record of 2.34 MMT set in August 2020.
The record movement marks a strong start to the 2026–27 crop year as the harvest progresses across Western Canada and new grain begins moving through the supply chain. This performance reflects strong customer demand, close collaboration with grain supply chain partners and the consistent execution of CN’s operating plan.
Following a record 2025–26 crop year, CN remains focused on maintaining this momentum through the fall harvest and delivering safe, consistent and reliable service for producers, grain companies and supply chain partners.
CN’s 2026–27 Grain Plan outlines how the Company has prepared its network, resources and operations to support customers through harvest and the year ahead.
About CN
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.
Contacts:
MediaInvestment CommunityAshley MichnowskiJamie LockwoodSenior Manager Vice-PresidentMedia RelationsInvestor Relations and Special Projects(438) 596-4329(514) 399-0052 [email protected] [email protected]
Cardinal Health uvedla, že generika zůstávají důležitým a relativně stabilním zdrojem zisku v segmentu Pharma. Ve fiskálním roce 2027 očekává podporu z nových generických launchů, konverzí a stabilní dynamiky Red Oak.
Key Takeaways Cardinal Health says generics remains an important, relatively steady profit contributor in Pharma.Generic volume growth topped the 2-3% long-term planning assumption in fiscal 2026.New generic launches, conversions and stable Red Oak dynamics are expected to support fiscal 2027 profits. Generics continues to function as an important, relatively steady profit contributor for Cardinal Health’s (CAH - Free Report) Pharma business, even though its revenue impact can be uncertain due to changes in brand pricing, IRA-related adjustments and GLP-1 volumes. In fiscal 2026, generic volume growth exceeded Cardinal Health’s long-term planning assumption of 2-3%, creating what management described as some of the company’s more profitable volume growth. Management expects generic volumes to moderate toward normalized levels in fiscal 2027, but still views the category as a meaningful earnings driver.
The economics are particularly attractive when branded drugs convert to generics. CFO Aaron Alt said Cardinal Health is focused on the profitability associated with generic conversions and noted that the company received an additional benefit from these conversions in the fourth quarter of fiscal 2026.
Management expects some of this benefit to contribute to Pharma segment profit in fiscal 2027. This highlights Cardinal Health’s focus on capturing the profitability benefits of generic conversions while maintaining attractive margins as its product mix changes.
The Red Oak-enabled generics program provides another layer of consistency. Cardinal Health expects fiscal 2027 to benefit from new generic item launches, including fiscal 2026 carryover products, alongside continued consistent market dynamics within the Red Oak program. The company also maintains a strategic relationship with CVS through Red Oak, reinforcing the program’s importance within its broader pharmaceutical ecosystem.
Overall, generics appears to be a stable margin contributor rather than a headline growth engine. With Pharma segment profit expected to grow 8-11% in fiscal 2027, continued strength in generic and brand volumes is explicitly identified as a key driver. The combination of higher generic volumes, favorable brand-to-generic conversions and stable Red Oak market dynamics should therefore continue to support Pharma profitability, even as revenue growth normalizes.
Peer UpdatesMcKesson’s (MCK - Free Report) generics portfolio remained a meaningful contributor to North American Pharmaceutical profitability in the first quarter of fiscal 2027. Prescription transaction volumes increased 5%, although revenues were partly constrained by branded-to-generic conversions. Those conversions supported gross profit, while the timing of new branded and generic product launches helped drive the segment’s 19% operating-profit growth to $894 million. Management also highlighted the strength of ClarusONE, McKesson’s generic sourcing program, which continues to create customer value and support supply stability. Although the company did not disclose a standalone generic margin, management noted that product mix, including generics, influences segment margins, as operating profit grew substantially faster than revenues.
Cencora (COR - Free Report) emphasizes broader pharmaceutical distribution, specialty growth and biosimilars. U.S. Healthcare Solutions revenues increased 5% to $74.9 billion, while operating income rose 16% to $966 million, with strength in specialty and underlying utilization supporting profitability.
Management specifically characterized Part B biosimilars as an incremental profit opportunity, given Cencora’s larger role through distribution, GPO and MSO services surrounding physician-administered products. By contrast, Part D biosimilar conversions can reduce revenues with less meaningful profit improvement. Thus, Cencora’s generics-related earnings opportunity appears more service- and mix-driven than volume-driven.
CAH’s Price Performance, Valuation and EstimatesShares of CAH have gained 19.4% so far this year compared with the industry’s 6.5% growth.
Image Source: Zacks Investment Research
From a valuation standpoint, Cardinal Health trades at a forward price-to-earnings ratio of 19.2X, above the industry average. However, it is trading lower than its five-year high of 22.19X. CAH carries a Value Score of A.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Cardinal Health’s fiscal 2027 earnings implies an 11.5% rise from the year-ago period’s level.
Image Source: Zacks Investment Research
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
DraftKings letos klesl o 31,98 % a za poslední rok o 51,15 %, zatímco jeho produkt Predictions zvýšil anualizovaný objem z 2,3 miliardy na 11 miliard USD mezi dubnem a červencem. Ve 2. čtvrtletí ale tržby i upravené EPS zaostaly za odhady.
DraftKings has shed nearly half its value over the past year while quietly building a Predictions product that went from $2.3 billion to $11 billion in annualized volume in just three months. Whether that pivot justifies a major rebound or…
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DraftKings (NASDAQ:DKNG | DKNG Price Prediction) has been one of 2026’s most disappointing large caps, sliding 31.98% year to date and 51.15% over the past year. With shares at $24.42, bulls are asking whether a 50% rebound is realistic.
Our 24/7 Wall St. price target for DraftKings is $22.56 over the next 12 months, implying -7.69% downside and a hold rating at 90% confidence.
Metric Value Current Price $24.42 24/7 Wall St. Price Target $22.56 Upside/Downside -7.69% Recommendation HOLD Confidence 90% Why We Could Be Wrong Our 24/7 Wall St. price target sits just below the current price, and DraftKings has real optionality. A strong NFL season could reset sportsbook margins, and the Predictions product is growing faster than anticipated with annualized volume traded jumping from $2.3 billion to $11 billion between April and July. Treat our target as one datapoint. A full bull case sits below.
A Rough Year Meets a Predictions Pivot Shares fell 9.11% in the past week and now trade well off the $48.78 52-week high, closer to the $20.46 low. Q2 2026 revenue of $1.44 billion came in missing expectations by 4.48%, and adjusted EPS of $0.09 came in missing expectations against a $0.1917 consensus.
Adjusted EBITDA compressed to $114.60 million from $300.64 million a year earlier as sports outcomes and Predictions launch spend weighed on margins. Management kept FY26 guidance of $6.5 billion to $6.9 billion in revenue and $700 million to $900 million in adjusted EBITDA intact.
Bull Case for $47+ Bulls have a clean story. Robins told investors DraftKings has “an excellent product experience,” and July sportsbook handle was up 20% year over year post World Cup. Customer acquisition costs came in 25% better than anticipated, and more than 600,000 customers have engaged with Predictions year to date.
Wall Street’s average target sits at $34.98, with 24 Buy and 5 Strong Buy ratings. Our own model’s bull case reaches $47.61 in 12 months, roughly 94.85% upside, if Predictions scales into a real second engine and sportsbook margins normalize.
What Could Go Wrong Sportsbook revenue fell 10.6% in Q2, and sports net revenue margin compressed to 6.8% from 8.7%. Sales and marketing surged to $322.54 million.
Bulls would counter that the margin hit reflects customer-friendly outcomes plus a deliberate $200 million to $300 million Predictions investment. Still, the bear scenario in our model prices DKNG at $21.32, roughly -12.76%, if regulatory friction on event contracts intensifies.
How DraftKings Compares to Flutter The cleanest comp is Flutter Entertainment (NYSE:FLUT), which owns FanDuel and competes head-to-head in US sportsbook. Flutter trades at 17x forward earnings against DraftKings at 24x, and its EV/EBITDA of 16 is a fraction of DraftKings’ 119. Flutter’s TTM revenue of $17.16 billion dwarfs DraftKings’ $6.22 billion.
That gap makes our 24/7 Wall St. price target for DKNG look reasonable rather than aggressive: DraftKings already commands a growth premium over the category leader, and further multiple expansion requires proof.
Company Forward P/E EV/EBITDA DraftKings 24 119 Flutter 17 16 DraftKings Price Prediction 2026-2030 My verdict on DraftKings is hold. The 24/7 Wall St. price target of $22.56 at 90% confidence reflects a real disconnect between the current forward EPS profile and today’s price.
I would be a buyer here if Q3 shows sportsbook margin recovery above 7% and Predictions crosses one million active customers. I would stay on the sidelines if promo spend continues climbing without matching handle growth. A 50% rebound is achievable, but only under the bull path.
Year 24/7 Wall St. Price Target 2026 $22.56 2027 $21.84 2028 $21.49 2029 $21.45 2030 $22.17 These projections assume DraftKings continues executing on Predictions and defends sportsbook share. Meaningful upside could arrive from California or Texas legalization, while regulatory action on event contracts could push actual outcomes toward the model’s bear path.
Contact [email protected] for any questions or corrections.
FuelCell Energy přesouvá zaměření z 10GW pipeline datových center na pevné zákaznické závazky. Cílí na kladné upravené EBITDA ve 4. čtvrtletí fiskálního roku 2027.
Key Takeaways FCEL is shifting its data center focus from a 10 GW proposal pipeline toward firm customer commitments.FuelCell targets a 100 MW annualized production rate in October 2026 as Torrington capacity ramps.FCEL targets positive adjusted EBITDA in fiscal Q4 2027, requiring at least 100 MW of production volume. FuelCell Energy, Inc. (FCEL - Free Report) used its fiscal third-quarter 2026 earnings call to emphasize movement from a large data center pipeline toward customer commitments, while acknowledging pressure from current manufacturing economics.
President, CEO and director Jason Few and executive vice president, CFO and treasurer Michael Bishop tied progress to backlog conversion, production scaling and cost reduction, with a new adjusted EBITDA profitability target providing a clearer execution benchmark.
Fiscal third-quarter revenues were $33 million, below the Zacks Consensus Estimate of $39.1 million. The loss of 64 cents per share was wider than the Zacks Consensus Estimate of a 32-cent loss.
FCEL Converts Data Center Demand Into CommitmentsFuelCell’s CEO said fiscal 2026 year-to-date proposals reached roughly 10 gigawatts, with data centers representing about 97% of the fiscal third-quarter pipeline.
The Fit Energy agreement covers up to 380 MW across four phases. Few said the initial 30 MW is committed, while the remaining 350 MW is awarded capacity backlog subject to Fit Energy elections. Bishop stressed that awarded capacity is not firm contracted backlog.
Few also highlighted a post-quarter 75 MW capacity reservation with a major colocation data center operator in Texas and said he anticipates follow-on opportunities with the same customer.
FuelCell Scales Torrington Toward 100 MWBishop stated FuelCell operated at an annualized production rate of about 37 MW and is targeting 100 MW in October 2026.
In Q&A, FuelCell’s CFO said the ramp includes added labor and supply-chain scaling. Bishop said FuelCell had added another factory shift and expected a meaningful production increase during the fiscal fourth quarter.
He also informed that the broader Torrington expansion targets 500 MW of annualized capacity by June 2028, with an estimated $200 million to $275 million requirement that is fully funded.
FCEL Maps a Path to Positive Adjusted EBITDABishop said FuelCell now targets positive adjusted EBITDA in the fourth quarter of fiscal 2027, dependent on backlog conversion, customer schedules and manufacturing cost reductions.
A B. Riley Securities analyst asked what production level supports the target. Bishop said at least 100 MW of volume would be needed, with customer demand influencing the ultimate level.
A Canaccord Genuity analyst questioned reliance on customer decisions. Bishop pointed to the broader 10 GW pipeline and said FuelCell has a defined cost-reduction curve under execution.
FuelCell Explains Phase 0 Economics in Q&AFiscal third-quarter included a $24.5 million gross loss, including $17 million of charges tied to Fit Energy Phase 0 inventory and firm purchase commitments as current costs exceeded contractual pricing.
A Jefferies analyst asked about the timing of those costs and revenues. Bishop said Phase 0 revenues should begin in the fiscal fourth quarter and continue into fiscal 2027.
FCEL Broadens Partnerships Beyond Data CentersFew said the first two carbonate fuel cell carbon capture modules were delivered to ExxonMobil's Rotterdam complex. The demonstration targets more than 90% carbon capture while producing power, thermal energy and hydrogen.
Few also discussed a memorandum of understanding with Siemens intended to support faster, lower-cost deployment of projects above 100 MW through integrated electrical balance-of-plant systems.
He said completion of the 42-module Gyeonggi Green Energy repowering program in South Korea demonstrated FuelCell's ability to execute utility-scale international repowering work.
FuelCell Keeps Execution at the CenterFew emphasized conversion and delivery rather than pipeline size alone. He identified closing transactions, disciplined manufacturing expansion and customer execution as the company's central priorities.
Bishop added measurable milestones through the October 2026 production target and the fiscal fourth-quarter 2027 adjusted EBITDA objective.
He also reiterated that awarded capacity backlog is not firm contracted backlog, keeping conversion into definitive agreements as a key operating marker as capacity expands.
FCEL Shows Mixed Zacks SignalsFCEL carries a Zacks Rank #3 (Hold). The Zacks framework reserves its strongest combinations for Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks paired with A or B Style Scores. You can see the complete list of today’s Zacks #1 Rank stocks here.
FCEL’s Growth Score of B and Momentum Score of B are favorable within their styles, while the Value Score of F and VGM Score of D weaken the combined profile. The Zacks Rank can change as earnings estimates are revised after the just-reported results.
Michael Burry snížil podíl ve Veeva po prudkém růstu akcií, ale zůstává na firmu býčí. U Snowflake varuje, že ocenění je těžko obhajitelné, i když akcie v premarketu vzrostly o více než 23 %.
Michael Burry Takes Profits in Veeva. But He Has a Stark Warning for Snowflake Summary
Michael Burry trimmed his Veeva position after the shares rallied sharply while maintaining a bullish view on the software company
Michael Burry (Trades, Portfolio) has kept a bullish stance on Veeva Systems VEEV while reducing part of his holding after a rapid increase in the shares.
Burry disclosed the position earlier this year as part of a broader view that software stocks could recover. He later added to the investment before trimming it as Veeva approached a level he considered a potential barrier for further gains.
The move does not signal that Burry has abandoned the company. His comments indicate that valuation and the speed of the rally influenced the decision to reduce exposure rather than exit the investment.
Burry also raised concerns about Snowflake SNOW, describing its valuation as difficult to justify and pointing to potential long-term risks from cybersecurity developments involving artificial general intelligence and quantum computing.
Snowflake's shares, however, rose more than 23% in premarket trading after its latest results exceeded expectations. The company lifted its fiscal 2027 product-revenue forecast to $6.07 billion, representing 36% annual growth, from $5.84 billion previously.
Burry's Veeva trim may temper sentiment, while Snowflake's stronger outlook could offset valuation concerns.
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Michael Burry Undervalued Stocks Michael Burry Top Growth Companies Michael Burry High Yield stocks, and Stocks that Michael Burry keeps buying Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Kratos ve 2. čtvrtletí zvýšil tržby o 30,5 % na 458,8 milionu USD a zvýšil celoroční výhled tržeb na 1,75 až 1,81 miliardy USD. Northrop Grumman má rekordní backlog 105 miliard USD a zvýšil celoroční výhled tržeb i upraveného EPS.
Kratos Defense and Security Solutions (KTOS -1.63%) and Northrop Grumman (NOC +0.47%) present two distinct options for capitalizing on growing demand for military drones. Kratos is a high-growth pure-play drone maker, while Northrop Grumman is a large military contractor with significant exposure to drones and other franchise programs.
Both defense stocks are down so far this year, though. Northrop Grumman's tight margins, partly due to fixed-price contracts, have helped push its shares down by more than 6% so far this year. Kratos, after a huge run-up early this year, has fallen back to Earth, with its shares down by more than 35%, as rising costs play a big role.
Let's see which drone stock is better right now.
Image source: Getty Images.
Kratos offers more revenue growth The San Diego company is a favorite of growth-oriented investors seeking pure-play exposure to cheap, autonomous combat drones and target systems. A significant portion of Kratos's business is directly tied to uncrewed aerial systems (UAS) and target drones, such as the BQM-177 and the XQ-58A Valkyrie, which uses some Northrop Grumman technology.
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The company focuses on high-performance, low-cost jet drones that are mass-produced and used in swarms in combat. Over the past five years, the company has increased revenue by more than 65%, compared with just more than 17% for Northrop Grumman. In the second quarter, Kratos reported 30.5% growth year over year in revenue at $458.8 million, and the company's defense rocket systems had 50.2% sales growth compared to the same period last year. Despite the rising revenue, earnings per share (EPS) were flat at $0.02.
Kratos increased its annual revenue guidance to $1.75 billion to $1.81 billion, representing a 32.2% increase at the midpoint.
Northrop Grumman has a better product balance Northrop Grumman stands to benefit particularly from surging demand for military drones, where it serves as a primary contractor for high-altitude, long-range intelligence, surveillance, and reconnaissance (ISR) aircraft.
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Its uncrewed lineup includes the MQ-4C Triton for 24-hour maritime reconnaissance, the RQ-4 Global Hawk, which offers more than 30 hours of continuous surveillance, and the autonomous MQ-8B Fire Scout helicopter. Northrop also builds the NATO Alliance Ground Surveillance system and highly adaptable Bat drones, which can be configured with specialized fuel tanks and sensors for targeting, communications, or reconnaissance.
Beyond its autonomous capabilities, Northrop Grumman secures major strategic modernization efforts through multidecade prime contracts, including the B-21 Raider stealth bomber and the LGM-35A Sentinel ICBM system.
These foundational franchise programs supply predictable, multibillion-dollar revenue streams that help insulate the business from macroeconomic shifts.
Northrop Grumman is more profitable with a better valuation Supported by strong U.S. Department of Defense and international allied demand, the company ended the second quarter with a record $105 billion backlog.
It reported revenue of $10.9 billion, up 5%, year over year, but EPS fell 6% over the same period in 2025, to $7.68.
The company raised its yearly revenue guidance, saying it expected revenue between $43.75 billion and $44.25 billion, up from $43.5 billion to $44 billion and a jump from the $42 billion it reported in 2025. It also increased its yearly market-to-market (MTM) adjusted EPS estimates. Initially, the company had predicted MTM adjusted EPS to be between $27.40 and $27.90, but now says it should be between $28.60 and $29.10.
Northrop, considering its big backlog and steady growth, is underpriced compared to Kratos and to its closest peers of Lockheed Martin (LMT -0.18%), L3Harris (LHX -0.46%), General Dynamics (GD -0.26%), and RTX (RTX +0.20%). It trades at less than 17 times trailing earnings.
Northrop Grumman's dividend stands out Northrop's capital distribution is designed to return at least 85% of free cash flow to shareholders through dividends and share buybacks. Northrop Grumman's most recent quarterly buyback was $62.79 million as of March 31, following a $388.87 million buyback in December 2025 and $206.57 million in September 2025.
The company has increased its quarterly dividend for 22 consecutive years, including a 6.8% raise this year to $2.47, equaling a yield of 1.79% at its current share price. That's more than the S&P 500 (^GSPC +0.53%) average of 1.04%. Kratos does not offer a dividend.
A relatively easy choice Unless your only concern is revenue growth, Northrop Grumman appears to be the better drone stock of the two. It has other programs beyond drones that generate revenue, and the company has the size and scope to drive growth through acquisitions.
The other main advantage for Northrop is that its shares are undervalued relative to peers, and certainly relative to Kratos.
However, Kratos may be a good long-term stock for investors who are not risk-averse, particularly now after its shares have tumbled significantly. With its high double-digit revenue growth, it could be a solid long-term hold.
Kratos Defense získal zakázky za více než 20 milionů USD na satelitní komunikace a přibližně 35 milionů USD na vojenský hardware. KTOS letos klesl o 37 %.
Key Takeaways Kratos Defense secured major awards across satellite communications and mission-critical defense hardware.KTOS' 2026 and 2027 EPS estimates rise 50.91% and 37.06%, respectively, year over year.Supply-chain disruptions and a 4.54% ROE remain key headwinds despite KTOS' discounted valuation. Kratos Defense & Security Solutions, Inc.’s (KTOS - Free Report) shares have lost 37% year to date compared with the Zacks Aerospace-Defense Equipment industry’s decline of 4.5%. Kratos Defense is the primary unmanned aerial target drone system provider for the U.S. Air Force, Navy, Army and several allied defense agencies. The company is also expanding in hypersonics, rocket systems, propulsion and microwave electronics.
Image Source: Zacks Investment Research
Other defense equipment stocks like Teledyne Technologies (TDY - Free Report) and AeroVironment (AVAV - Free Report) have delivered mixed performance in the said time frame. Shares of Teledyne Technologies have risen 18.7% while those of AeroVironment have lost 39.9%. Teledyne Technologies is benefiting from strong demand in the space market, particularly for infrared detectors, imaging sensors and specialty semiconductors. AeroVironment is benefiting from the growing adoption of unmanned systems by securing major global defense contracts and expanding its portfolio of tactical drones, smart munitions and control software.
Given Kratos Defense’s underperformance, investors may be wondering what lies ahead for the stock. Let’s examine the key factors and assess its investment prospects to help make an informed decision.
Tailwinds for KTOS StockKratos Defense serves the defense industry with products spanning target drones, rocket systems and SRMs, hypersonic vehicles, jet engines for drones and missiles, and virtualized ground systems for satellites. Management noted that defense funding priorities continue to include areas tied to Kratos programs. In second-quarter 2026, consolidated bookings totaled $492.2 million, implying a 1.1 book-to-bill, while the last 12-month book-to-bill was 1.3.
On Sept. 1, 2026, Kratos Defense secured a $20 million-plus contract from an Asian defense customer to provide mobile satellite communications gateways, highlighting growing demand for resilient communications infrastructure in contested environments. For Kratos Defense, the award provides both near-term revenues and a strategic opportunity to expand its Space and communications business in the Asia-Pacific region.
In August 2026, Kratos Defense received an approximately $35 million award for a national security-related military-grade hardware production program, with the hardware and related systems expected to directly support warfighters in the field. The award reinforces its role as a supplier of mission-critical defense hardware across areas such as hypersonics, counter-drone systems, air defense, missiles, radars and directed-energy systems. The contract provides incremental revenues while validating the company’s ability to move advanced defense technologies into large-scale production.
Kratos Defense is expanding production of its Spartan TDI-J85 turbojet engines to support Boeing’s Joint Direct Attack Munition Long Range (JDAM LR) program, following the U.S. Air Force’s recent $75 million production award to Boeing. The JDAM LR is a long-range precision weapon designed to carry a 500-pound-class payload more than 300 nautical miles, with KTOS’ J85 engine providing the propulsion needed to significantly extend the weapon’s range. This moves the Spartan engine from development into higher-volume production and gives the company exposure to a potentially scalable weapons program.
Headwinds for KTOSKratos Defense continues to cite supply-chain disruptions and parts availability as industry issues that can delay material receipts and deliveries. Management’s 2026 outlook explicitly assumes potential manufacturing and supply-chain disruptions, parts shortages and continued cost increases. Inventoried costs increased to $235.9 million as of June 28, 2026, from $188.2 million as of 2025-end, consistent with larger lot purchases and long-lead items. Persistently higher input costs or further supply friction could pressure margins and keep cash conversion below investor expectations.
Estimates for KTOS StockThe Zacks Consensus Estimate for 2026 and 2027 earnings per share (EPS) indicates an increase of 50.91% and 37.06%, respectively, year over year.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Teledyne Technologies’ 2026 and 2027 EPS implies an increase of 12.32% and 8.9%, respectively, year over year. The consensus estimate for AeroVironment’s fiscal 2027 EPS indicates a decrease of 1.8% year over year.
KTOS’ Earnings Surprise HistoryThe company beat on earnings in each of the trailing four quarters, delivering an average surprise of 32.47%.
Image Source: Zacks Investment Research
KTOS’ Return on Equity Lower Than IndustryThe company’s trailing 12-month return on equity of 4.54% is lower than the industry average of 15.35%. Return on equity, a profitability measure, reflects how effectively a company utilizes its shareholders’ funds to generate income.
Image Source: Zacks Investment Research
KTOS Stock Trades at a DiscountIn terms of valuation, KTOS’ forward 12-month price/sales (P/S) is 4.35X, a discount to the industry’s average of 7.50X.
Image Source: Zacks Investment Research
What Should an Investor Do Now?Kratos Defense is benefiting from sustained defense spending across unmanned systems, hypersonics, propulsion, space communications, and mission-critical defense hardware, with recent awards strengthening its position in these high-growth markets.
Given its current price performance and lower ROE, new investors should wait and look for a better entry point. Investors who already own this stock may continue holding it, given its strong earnings growth. KTOS has a Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Na UWM Holdings byla podána hromadná žaloba kvůli údajnému podvodu s cennými papíry po ztrátě za 2. čtvrtletí fiskálního roku 2026 ve výši 451,9 milionu USD a poklesu akcií o 34,78 % na 1,20 USD 6. srpna 2026.
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against UWM Holdings Corporation ("UWM" or the "Company") (NYSE: UWMC). Such investors are advised to 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.
The class action concerns whether UWM and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until October 13, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired UWM securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
In December 2025, UWM and Two Harbors Investment Corp. ("Two Harbors") (owner of RoundPoint Mortgage Servicing) signed an all-stock merger agreement valued at $1.3 billion to expand UWM's mortgage servicing rights (MSRs). However, in March 2026, Two Harbors terminated the UWM agreement after CrossCountry Mortgage stepped in with a competing cash offer and agreed to pay UWM's termination fee. UWM aggressively countered by raising its proposals, but Two Harbors' board repeatedly rebuffed these advances, leading to a brief mandated negotiation waiver period in June 2026 that expired without a new deal. On August 5, 2026, after the market closed, UWM reported second quarter fiscal year 2026 financial results, including a $603.2 million interest rate derivatives loss which contributed to a $451.9 million second-quarter net loss. Total equity also fell 43.6% year over year, reflecting the net loss and derivative-related charges. Then, on August 6, 2026, at 10:30 AM EDT, the Company held an earnings call in connection with its second quarter 2026 financial results. During that call, Chief Executive Officer Mathew Ishbia ("Ishbia") disclosed "We were over-hedged, if you think of it that way, protecting against the Two Harbors transaction." Ishbia further stated "[w]e don't traditionally hedge our MSRs [Mortgage Servicing Rights]" but "when you're going through and acquiring a company like Two Harbors and a massive MSR book . . . it created a little more risk. So . . . we did put a hedge on to protect against that risk and then a lot of things happen[ed] . . . and then obviously, the Two Harbors transaction went away. And so a confluence of events that created a hedge loss."
On this news, UWM's stock price fell $0.64 per share, or 34.78%, to close at $1.20 per share on August 6, 2026.
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 numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Akcie Super Micro Computer v srpnu vzrostly o 31,3 % po lepších výsledcích za 4. fiskální čtvrtletí a výhledu na příští fiskální rok. Firma navíc 20. srpna uzavřela interní vyšetřování převozu serverů do Číny bez zapojení vedení.
Shares of AI server leader Super Micro Computer (SMCI -1.51%) rallied 31.3% in August, according to data from S&P Global Market Intelligence.
Super Micro reported its fiscal fourth-quarter results in August, delivering an earnings beat and an impressive outlook for the year ahead. Furthermore, the company completed its internal investigation into the illegal diversion of certain servers to China, in violation of U.S. export controls.
The report cleared senior management of any culpability, as the compliance lapse seems to have been the work of a small number of employees. That report, combined with Super Micro's impressive margins and outlook, appeared to put some lingering worries behind the company's investors.
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Super Micro's gross margins nearly double Beyond Super Micro's corporate governance concerns, the big worry about the company has been its gross margins. Fortunately, Super Micro showed a massive improvement on that front.
June quarter earnings showed revenue up 91.7% year-over-year to $11.1 billion, which is obviously strong growth, though the top line slightly missed analyst expectations. However, Super Micro's adjusted (non-GAAP) earnings per share of $1.70 trounced expectations by a whopping $0.74.
The massive profit beat came thanks to a near-doubling of gross margins, from 9.5% in the year-ago quarter to 17.5%. Of note, Super Micro's traditional target gross margin range before the AI revolution was 14%-17%. However, as super-expensive GPU-based AI server growth took off, Super Micro's gross margins declined into the single digits.
The June quarter appeared to mark a change in the recent trend, with a 17.5% gross margin exceeding even Super Micro's traditional target range. Management attributed the higher gross margin to two main factors: first, a pivot toward enterprise servers, likely for agentic CPU-based workloads. The shift from massive training clusters to more dispersed, agentic inference AI workloads likely gives Super Micro greater pricing power with customers relative to its large, high-volume training-cluster customers, such as Space Exploration Technologies (SPCX +5.46%).
Second, Super Micro attributed the margin improvement in part to the ramp of its data center building block solutions (DCBBS). This is Super Micro's modular data center offering, which delivers faster time-to-market and lower costs through end-to-end standardization of the entire data center infrastructure. Super Micro has said DCBBS is a higher-margin product for the company.
In addition to the margin improvement, Super Micro also forecast revenue of $65 billion to $72 billion for the year ahead. That forward guidance was well above analyst estimates of $53 billion and fiscal 2026 revenues of $39 billion.
Image source: Getty Images.
Aside from earnings, on Aug. 20, Super Micro disclosed that an investigation into the smuggling of some of its servers to China found that senior management had no knowledge of or responsibility for it. The investigation also turned up new recommendations for the company's compliance program going forward.
Finally, Super Micro ended the month with another vote of confidence as enterprise networking giant Cisco announced it was adopting Super Micro's liquid and air-cooled servers as part of its Secure AI Factory offering. The new partnership gave a vote of confidence and helped ease investor fears over Super Micro's governance and technology.
Super Micro remains among the cheapest of AI stocks Even after its strong August run, Super Micro trades for just nine times this year's forward earnings estimates. That ranks it among the cheapest AI hardware stocks.
That undervaluation likely stems from lingering concerns over corporate governance and margins. However, it appears Super Micro made strides in getting past some of those concerns last month. If management keeps up the execution, Super Micro's valuation could climb, on top of its outsize earnings growth, in the quarters ahead.
Boston Scientific oznámila kybernetický incident, který narušil výrobu i zpracování a odesílání objednávek. Zároveň snížila výhled na rok 2026 kvůli slabším výsledkům WATCHMAN a Electrophysiology.
Key Takeaways BSX faces an uncertain cyberattack impact amid disruptions to manufacturing and customer order processing.BSX lowered 2026 guidance as WATCHMAN and Electrophysiology face unexpected headwinds.BSX has plunged 49.1% YTD, trades below key SMAs and carries a premium to its industry. Boston Scientific (BSX - Free Report) , the Marlborough-based medical device maker, is navigating a challenging period. On Aug. 25, the company disclosed a cybersecurity incident that affected access to certain operating systems and business applications, including its ability to manufacture products, as well as process and ship customer orders.
Once detected, Boston Scientific activated its incident response protocols and launched an investigation with the help of CrowdStrike and other third-party experts. The company is working to restore affected operations, but the timeline for full recovery and the financial impact remain uncertain. The incident also comes amid a series of recent cybersecurity incidents across the medical device industry. BSX’s peer Abbott (ABT - Free Report) faced a cyber incident in July that impacted a limited number of internal systems in its Cancer Diagnostics business, while Medtronic (MDT - Free Report) faced a cyber issue in April that impacted a few of its corporate IT systems.
Adding to the pressure, the latest development comes on top of a weaker annual outlook issued during the second-quarter earnings call in late July. Despite beating top- and bottom-line estimates, Boston Scientific lowered its full-year 2026 organic sales guidance to 5-6% and adjusted earnings per share (EPS) guidance to $3.28-$3.32. Foreign exchange is expected to create a roughly $0.05 headwind to the bottom line. Full-year adjusted gross margin is also projected to fall from the 2025 levels, largely due to unexpected headwinds within two high-growth franchises, WATCHMAN and Electrophysiology (“EP”).
BSX Stock Price PerformanceYear to date, shares of Boston Scientific have plunged 49.1% compared with its industry’s 17% decline and the Medical sector’s 4.2% growth. The S&P 500 composite has risen 10.8% during the period. BSX has also significantly trailed both Abbott and Medtronic, whose shares have dropped 11.8% and 4%, respectively, during the same period.
Image Source: Zacks Investment Research
BSX’s Technical IndicatorsThe following chart also shows that BSX is currently trading below its 90- and 200-day simple moving averages (SMAs), pointing to continued bearish momentum.
Image Source: Zacks Investment Research
Factors Impacting Boston ScientificSluggish Recovery in Urology: The Urology business within the company’s MedSurg segment fell short of internal expectations, growing just 1% in the second quarter of 2026. The weakness stemmed from underperformance in the stone management franchise due to volume-based procurement in China, and some key product gaps in the core stone portfolio. Sacral neuromodulation also continued to see the impact of commercial model disruption. Management now expects full-year Urology growth to be flat to low-single digits.
CRM’s Portfolio Gaps: Boston Scientific’s Cardiac Rhythm Management (“CRM”) continued to face pressure, with sales down 2% in the second quarter. The core business saw a high-single-digit decline in low-voltage products and a mid-single-digit decline in high-voltage products. Competitive pressures and gaps in the company’s portfolio are adding to these challenges. Management expects growth in this division to be flat for 2026, with only modest improvement later in the year, supported by the full launch of EluPro.
WATCHMAN Demand Weakness: WATCHMAN’s U.S. market has slowed sharply and unexpectedly because of compounding clinical evidence regarding stroke risk in AF patients affecting referral patterns. The rapid uptake of concomitant procedures has also created operational inefficiencies, making it difficult to sustain growth. Against this backdrop, Boston Scientific now expects global WATCHMAN growth to be flat to low-single digits in 2026, with the second-half growth declining mid- to high-single digits on a year-over-year basis. Third-quarter U.S. sales are projected to decline sequentially, while concomitant growth is also expected to slow materially in the second half due to tougher comparisons with 2025.
Rising Competition Hits Electrophysiology: Boston Scientific is facing an unanticipated degree of competitive share movement in the U.S. EP market. The rapid adoption of the FARAPULSE technology has pushed U.S. pulsed field ablation revenues to approximately 80% of the atrial fibrillation market. With this faster-than-anticipated penetration, the company’s ability to offset some competitive pressures has become limited. Management has adjusted its market share assumptions to reflect these developments and now expects global Electrophysiology growth to be flat in the second half of 2026. U.S. sales in the third quarter are expected to decline in the mid-single digits sequentially.
As shown below, estimates for BSX’s 2026 and 2027 earnings have been steadily revised downward.
Image Source: Zacks Investment Research
BSX’s ValuationBoston Scientific currently trades at a forward price/sale (P/S) of 3.17X over the past 12 months, below its median of 4.77X but above the industry average of 2.23X. The stock sits with a Value Score of C.
Image Source: Zacks Investment Research
EndnoteBoston Scientific is yet to fully assess the financial consequences of the cybersecurity incident, if any, that has disrupted its global operations. The company is also dealing with several other challenges across its businesses, including weaker U.S. demand in WATCHMAN and portfolio gaps within CRM. The lowered full-year 2026 financial outlook further reflects these pressures. So far this year, BSX has been a major underperformer compared to its benchmarks and key peers. Although trading below its historical median, the stock still carries a premium to the industry. The company’s earnings outlook has also continued to slide in recent months. Given all these factors, current BSX holders should consider exiting their positions.
Boston Scientific carries a Zacks Rank #5 (Strong Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of ResMed Inc. ("ResMed" or the "Company") (NYSE: RMD). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether ResMed and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On August 7, 2026, ResMed reported financial results for its fiscal 2026 fourth quarter. Among other items, ResMed reported lower-than-expected adjusted gross margins and operating income. The Company disclosed that it was negatively impacted in the quarter by approximately $42 million worth of field safety notification expenses for its Astral respirators, some of which had a leak issue.
On this news, ResMed's stock price fell $11.30 per share, or 5.06%, to close at $211.94 per share on August 7, 2026.
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 numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Ciena oznámila za 3. čtvrtletí zisk 2,11 USD na akcii a tržby 1,67 miliardy USD, obojí nad odhady. Zisk byl meziročně výrazně vyšší než 0,67 USD na akcii.
Ciena (CIEN - Free Report) came out with quarterly earnings of $2.11 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +21.26%. A quarter ago, it was expected that this developer of high-speed networking technology would post earnings of $1.46 per share when it actually produced earnings of $1.64, delivering a surprise of +12.33%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Ciena, which belongs to the Zacks Communication - Components industry, posted revenues of $1.67 billion for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 1.44%. This compares to year-ago revenues of $1.22 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Ciena shares have added about 51.4% since the beginning of the year versus the S&P 500's gain of 12%.
What's Next for Ciena?While Ciena has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Ciena was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.83 on $1.7 billion in revenues for the coming quarter and $6.55 on $6.33 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Communication - Components is currently in the top 13% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the broader Zacks Computer and Technology sector, ServiceTitan Inc. (TTAN - Free Report) , has yet to report results for the quarter ended July 2026. The results are expected to be released on September 8.
This company is expected to post quarterly earnings of $0.36 per share in its upcoming report, which represents a year-over-year change of +9.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
ServiceTitan Inc.'s revenues are expected to be $285.14 million, up 17.8% from the year-ago quarter.
Barrick Mining se obchoduje asi s 15% diskontem vůči průměru odvětví, ale vyšší náklady a slabý výhled produkce pro rok 2026 tlačí na marže. Přesto firma těží ze silných cash flow a rozjetých růstových projektů.
Key Takeaways Barrick trades at a discount to peers as its shares retreat amid the recent pullback in gold prices.Barrick's growth projects and strong cash flows support production and shareholder returns.Higher costs and softer 2026 production outlook may weigh on margins and near-term performance. Barrick Mining Corporation (B - Free Report) is currently trading at a forward 12-month earnings multiple of 11.04, a roughly 15% discount when stacked up with the industry average of 12.97X. It is also trading at a discount to its gold mining peers, Agnico Eagle Mines Limited (AEM - Free Report) , Newmont Corporation (NEM - Free Report) and Kinross Gold Corporation (KGC - Free Report) . Barrick, Newmont and Kinross Gold have a Value Score of B each, while Agnico Eagle has a Value Score of C.
B’s P/E F12M Vs. Industry, NEM, AEM & KGC Image Source: Zacks Investment Research
B stock has lost its shine lately, with a pullback in gold prices, losing nearly 6% in a week. Despite this retreat, its shares are up 15.5% in the past month.
Barrick has underperformed the Zacks Mining – Gold industry’s rise of 23% while outperforming the S&P 500’s decline of 2%. Newmont, Kinross Gold and Agnico Eagle have rallied 28.1%, 28.3% and 30.6%, respectively, over a month.
B’s One-month Price Performance Image Source: Zacks Investment Research
B stock broke above its 50-day simple moving average (SMA) on Aug. 5, 2026, thanks to a rebound in gold prices. It also crossed its 200-day SMA on Aug. 18, 2026, and subsequently accelerated sharply before pulling back. Following the recent declines, the stock is again approaching the 200-day SMA. The pullback reflects renewed pressure on gold prices from higher oil prices and rising rate-hike expectations. The 50-day SMA has been below the 200-day SMA since a death crossover on June 23, 2026, signaling bearish momentum.
B Trades Above 50-Day SMA Image Source: Zacks Investment Research
Let’s take a look at Barrick’s fundamentals to better analyze how to play the stock.
Growth Projects to Underpin Production Upside for BarrickBarrick is well-positioned to capitalize on advancements across its key growth projects, which are expected to meaningfully boost production. Its major gold and copper initiatives, including Goldrush, the Pueblo Viejo plant expansion and mine life extension, Fourmile and Lumwana Super Pit, are progressing on schedule and within budget, setting the stage for the next wave of profitable output.
The Goldrush mine is ramping up to the targeted 400,000 ounces of production per annum by 2028. Bordering Goldrush is the Fourmile project, which is yielding grades double those of Goldrush and is anticipated to become another Tier One mine. Barrick has announced the advancement of its planned IPO of a new company that will hold its North American gold assets and the Fourmile project, in which it will hold a significant controlling interest. Newmont also consented to Barrick’s planned North American IPO.
The $2-billion Super Pit Expansion Project at Barrick’s Lumwana mine is progressing steadily, accelerating its shift into a Tier One copper mine. Barrick stated that the Lumwana expansion is the result of a significant turnaround, transforming the mine from an underperforming asset into a vital part of both its global copper portfolio and Zambia’s long-term development strategy. The expansion is expected to produce 240,000 tons of copper annually. First copper from the expansion is targeted by the end of the first quarter of 2028.
Robust Liquidity & Cash Flows Back B’s Capital AllocationBarrick has a solid liquidity position and generates healthy cash flows, positioning it well to take advantage of attractive development, exploration and acquisition opportunities, drive shareholder value and reduce debt. As of June 30, 2026, the company held roughly $5.9 billion of cash against $4.7 billion of debt, leaving $1.2 billion of net cash. It also had an undrawn $3 billion revolving credit facility and no meaningful debt maturities until 2033.
Attributable free cash flow reached $1.35 billion in the first half of 2026, up 211% year over year. Barrick returned $1.5 billion to its shareholders in the second quarter, including $1.21 billion of share repurchases under its $3 billion authorization. Barrick offers a dividend yield of 1.6% at the current stock price. Its payout ratio is 20%, with a five-year annualized dividend growth rate of roughly 14.3%.
Favorable gold prices should translate into higher realized prices, leading to strong profit margins and free cash flow generation for Barrick. While gold prices have eased from the record highs logged earlier this year, they remain supportive.
Bullion has come under renewed pressure after hitting a more than three-month high near $4,650 per ounce in late August 2026. Prices fell to a more than three-week low near $4,300 an ounce yesterday. A spike in oil prices amid heightened U.S.-Iran tensions intensified inflation concerns, while higher Treasury yields and a stronger dollar reduced gold's appeal. These, combined with increased expectations for a U.S. interest rate hike, weighed on gold. Nonetheless, bullion prices have again climbed above $4,400 an ounce as the greenback and Treasury yields eased from recent highs.
Barrick Hamstrung by Higher Production CostsBarrick is challenged by higher costs, which may weigh on its margins. Its total cash costs per ounce of gold and all-in-sustaining costs (AISC) increased around 15% and 11% year over year, respectively, in the second quarter. Both also rose sequentially. AISC of $1,866 increased from the year-ago quarter due to higher total cash costs per ounce. Higher fuel prices began affecting costs in the second quarter, although management said operating efficiencies mitigated some of the impact.
For 2026, Barrick projects AISC in the range of $1,760-$1,950 per ounce, indicating a significant year-over-year increase at the midpoint compared with $1,637 in 2025. Cash costs per ounce are forecast to be $1,330-$1,470, up from $1,199 in 2025.
Tepid Production View Dampens B’s ProspectsBarrick’s operating execution improved in the second quarter, but the full-year gold outlook implies no growth from 2025. It maintained 2026 attributable gold production guidance of 2.9-3.25 million ounces versus 3.26 million ounces produced in 2025. This leaves full-year delivery dependent on continued second-half execution across several operations despite production tracking slightly ahead of plan at midyear.
What B’s Earnings Estimates IndicateThe Zacks Consensus Estimate for B’s 2026 earnings per share has been revised lower over the past 60 days. The consensus estimate for 2026 earnings implies a year-over-year rise of 47.1%.
Image Source: Zacks Investment Research
Conclusion: Hold Onto B SharesBarrick’s initiatives to boost production, its strong balance sheet, attractive valuation and healthy dividend yield present a favorable setup. Despite the recent retreat, still-favorable gold prices should further aid margins and cash flows. Higher production costs and a soft production outlook, however, call for caution. Therefore, retaining this Zacks Rank #3 (Hold) stock will be prudent for investors who already own it.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Finance and operations leader brings deep marketplace and software experience, scaling consumer and B2B brands
BOSTON, Sept. 03, 2026 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 most visited automotive shopping site in the U.S.1, today announced it has appointed Matthew Mandel as Chief Financial Officer (CFO), effective Oct. 19, 2026. Reporting to CarGurus Chief Executive Officer (CEO) Jason Trevisan, Mandel will lead financial strategy and operations; corporate development; and leadership operations as the company focuses on accelerating product innovation to deepen its role as a trusted partner for dealers and expert guide for shoppers. He succeeds Trevisan, who has served as interim principal financial and principal accounting officer since March 2025.
“Matt has a unique combination of strategic, operational, financial, and people leadership strengths that are well matched to our priorities as we grow our leading marketplace into a multi-product platform,” said Trevisan, CarGurus CEO. “His impact at both large-scale and hypergrowth organizations translates directly to our focus on expanding dealer software and data intelligence offerings and developing a trusted, AI-led consumer shopping experience. Matt’s role sits at the center of that strategy and our disciplined approach to capital, earnings power, and stockholder value.”
Mandel brings deep experience scaling teams with a focus on driving enterprise value through customer-centric products and technology. He joins CarGurus from Fleetio, a leading fleet maintenance and optimization software platform, where he was CFO and Chief Operating Officer (COO) since November 2023. Before Fleetio, he was COO and then Co-CEO at Cometeer, a beverage technology company, where his responsibilities included overseeing finance, strategy, and operations. Before Cometeer, Mandel held senior roles at Wayfair, including as head of the company’s North American Transportation and Home Delivery business, and prior to that was an investment professional at Advent International and Bain Capital.
“CarGurus’ market leadership and strong business model, exciting product roadmap, and talented team drew me to this role,” said Mandel. “It's especially compelling to support the company's evolution as it invests in platform growth across the dealer workflow and consumer journey.”
Mandel has an M.B.A. from Harvard Business School and a Bachelor of Arts from Duke University.
About CarGurus, Inc.
CarGurus (Nasdaq: CARG) is the leading multinational automotive platform helping consumers and dealers confidently buy and sell vehicles. Founded in 2006 with a mission to bring more trust and transparency to car shopping, CarGurus is the No. 1 visited automotive shopping site in the U.S.1 with the largest selection of inventory and network of dealers.2 CarGurus’ unmatched selection, trusted automotive insights, and data-driven products and solutions support each shopper’s journey — from online research and shopping to in-dealership decisions — to empower them at every step. And, by translating data from billions of monthly site interactions, CarGurus provides dealers a personalized, predictive intelligence platform with software solutions that helps them run their businesses more efficiently and profitably at all stages of inventory acquisition and pricing, marketing, and conversion to sale.
CarGurus operates online marketplaces in the U.S., U.K., and Canada. The company’s network of brands includes PistonHeads, the largest online motoring community in the U.K.3, and Autolist, a U.S.- based online marketplace.
To learn more about CarGurus, visit www.cargurus.com.
1Similarweb: Traffic and Engagement Report (Cars.com, Autotrader.com, TrueCar.com, CARFAX.com
Listings (defined as CARFAX.com Total Visits minus Vehicle History Reports)), Q2 2026, U.S.
2Compared to Autotrader.com, Cars.com, TrueCar.com, and CARFAX (Joreca as of June 30, 2026)
3Similarweb: Traffic Insights, Q2 2026, U.K.
CarGurus® and Autolist® are each a registered trademark of CarGurus, Inc., and PistonHeads® is a registered trademark of CarGurus Ireland Limited in the U.K. and the European Union. All other product names, trademarks, and registered trademarks are property of their respective owners.
MarketAxess diverzifikuje mimo americký úvěrový trh: tržby mimo americký úvěrový trh ve 2. čtvrtletí 2026 vzrostly o 9 %, zatímco výnosy z amerického úvěrového trhu klesly o 9 %.
Key Takeaways MarketAxess is diversifying beyond U.S. credit as international markets and new trading protocols expand.MKTX's revenues outside U.S. credit rose 9%, offsetting a 9% decline in U.S. credit commission revenues.MarketAxess faces risks from trading volumes, investment costs and a forward P/E above the industry average. MarketAxess Holdings Inc. (MKTX - Free Report) is a leading multi-dealer electronic trading platform that provides institutional investors with access to global liquidity across products including U.S. high-grade and high-yield corporate bonds, emerging markets, Eurobonds and other fixed-income securities.
MarketAxess’ growth is driven by strong trading volumes, international expansion, new trading protocols, strategic acquisitions and partnerships, and robust cash generation that support continued investment and shareholder returns. Over the past three months, shares of MKTX have gained 35%, outperforming the industry’s 7.1% growth. MKTX currently carries a Zacks Rank #3 (Hold).
Where Do Estimates for MKTX Stand?The Zacks Consensus Estimate for MKTX’s 2026 earnings is pegged at $8.06 per share, indicating a 9.1% year-over-year rise, which has remained stable over the past seven days. The consensus mark for revenues is pegged at $896.57 million for 2026, implying a 5.9% year-over-year increase. MKTX beat earnings estimates in each of the past four quarters, with an average surprise of 4.6%.
MarketAxess Holdings Inc. Price, Consensus and EPS SurpriseMKTX’s Growth DriversMarketAxess’ continued expansion beyond its core U.S. credit business represents an important growth factor, as international markets and newer electronic trading protocols are helping diversify revenue growth. In the second quarter of 2026, revenues outside U.S. credit increased 9%, while strong activity in emerging markets and alternative trading channels supported continued expansion. However, overall revenues remained relatively flat year over year and U.S. credit commission revenues declined 9%, highlighting the importance of diversification in offsetting weakness in the company’s traditional U.S. credit business.
MarketAxess’ continued investment in platform innovation, proprietary data and AI is an important growth factor because it can improve trading efficiency, execution quality and client experience. The enhanced X-Pro front end and ongoing technology modernization support a more scalable platform, while MarketAxess’ proprietary data provides a strong foundation for AI-driven analytics. Its global network generated more than $5 trillion of notional inquiry information and $34 trillion of notional response information in 2025, giving the company a differentiated data asset that can support further development of analytics and trading solutions.
MarketAxess is also expanding its platform capabilities into new electronic trading and connectivity opportunities, creating additional avenues for future growth. The RFQ Hub acquisition strengthens its technology and connectivity capabilities, while the DirectBooks partnership supports the development of an integrated new-issue trading solution. These initiatives broaden the functionality of the platform and allow MarketAxess to capture trading activity beyond its established markets.
MKTX maintains a strong financial position, supported by substantial cash reserves and healthy profitability. It concluded second-quarter 2026 with $245.8 million in cash and cash equivalents, coupled with minimal operating lease liabilities of $63 million. Profitability also remains healthy. Its trailing 12-month return on equity (ROE) is 22.5%, well above the industry average of 14.1%. This reflects efficient use of shareholder capital.
MKTX’s Key RisksThere are some factors, however, which investors should keep an eye on.
MarketAxess’ performance remains sensitive to institutional fixed-income trading activity. Lower volatility, tighter spreads or subdued market volumes could reduce transaction-based revenues. The company continues investing in technology, automation and platform development, which could increase costs and pressure margins. Though second-quarter 2026 showed expense discipline, with total expenses rising only 1% year over year, sustained investment requirements could continue to weigh on profitability.
The company’s valuation also remains relatively elevated. MarketAxess currently has a forward 12-month P/E of 19.08X, above the industry average of 13.81X, leaving less room for disappointment if growth or profitability falls short of expectations.
Key PicksSome better-ranked stocks in the broader Finance space are Morgan Stanley (MS - Free Report) and The Goldman Sachs Group, Inc. (GS - Free Report) , both sporting a Zacks Rank #1 (Strong Buy) at present, and JPMorgan Chase & Co. (JPM - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Morgan Stanley’s 2026 earnings is pegged at $12.79 per share, which has witnessed eight upward revisions in the past 60 days, with no movement in the opposite direction. MS beat earnings estimates in each of the trailing four quarters, with the average surprise being 19.4%. The consensus estimate for 2026 revenues is pinned at $81.87 billion, implying 15.9% year-over-year growth.
The Zacks Consensus Estimate for Goldman Sachs’s 2026 earnings is pegged at $68.89 per share, which has witnessed seven upward revisions in the past 60 days, with no movement in the opposite direction. GS beat earnings estimates in each of the trailing four quarters, with the average surprise being 20.4%. The consensus estimate for 2026 revenues is pinned at $70.58 billion, implying 21.1% year-over-year growth.
The Zacks Consensus Estimate for JPMorgan’s 2026 earnings is pegged at $24.93 per share, which has witnessed six upward revisions in the past 60 days, with no movement in the opposite direction. JPM beat earnings estimates in each of the trailing four quarters, with the average surprise being 7.3%. The consensus estimate for 2026 revenues is pinned at $206.63 billion, implying 13.3% year-over-year growth.
Cipher Digital buduje plynovodní přípojky na více místech, které mají podpořit až 2,5 GW nové výroby elektřiny pro datová centra. Nová kapacita má zvýšit pronajímatelnou kapacitu HPC.
Developing Lateral Pipelines Capable of Delivering Natural Gas Sufficient to Support Up to 2.5 GW of New Generation Across Multiple Sites
New Generation Expected to Increase Cipher’s Leasable HPC Data Center Capacity
NEW YORK, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Cipher Digital Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer, owner, and operator of industrial-scale data centers, today announces that it has begun the development of lateral pipelines at multiple sites to deliver natural gas to support bring-your-own-generation capacity.
The lateral pipelines will connect Cipher’s sites to nearby natural gas supplies, enabling on-site generation of up to 2.5 gigawatts (“GW”) of electricity. Cipher will work with power providers to develop and operate generation infrastructure at these sites, and building the lateral pipelines is a significant step toward making new power available to the sites before the end of 2027.
The Company plans to use this bring-your-own-generation capacity to develop and lease additional industrial-scale data center capacity to premier tenants for HPC workloads. The proximity of Cipher’s sites to significant natural gas resources provides an excellent opportunity for the Company to expand its leasing portfolio.
“Securing and delivering power is the foundation of everything we do and bringing our own electricity generation allows us to unlock significant new capacity quickly,” said Tyler Page, Chief Executive Officer. “By developing these lateral pipelines, we are taking a decisive step toward adding up to 2.5 GW of power to our portfolio, and we plan to seek grid connection for this generation capacity, in an effort to proactively contribute to greater grid stability in the communities in which we build our data centers.”
About Cipher
Cipher develops and operates industrial-scale data centers engineered for next-generation computing at the highest standards of innovation, precision, and excellence. The Company brings together deep expertise across power sourcing, construction, engineering, operations, real estate, and technology to deliver high-quality data centers purpose built for HPC workloads. By partnering with premier tenants, Cipher seeks to meet the growing demand for industrial-scale data center capacity and become a leading HPC development platform that is built for hyperscale. To learn more about Cipher, please visit https://www.cipherdigital.com/.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, such as statements about the development and timing of the lateral pipelines, the amount and timing of power generation capacity, the expected impact on the Company’s leasable data center capacity, the Company’s beliefs and expectations regarding its planned business model and strategy, timing and likelihood of success, capacity, functionality and operation of its data centers, expectations regarding its data center development and operations, potential strategic initiatives, and management plans and objectives, are forward-looking statements and should be evaluated as such. These forward-looking statements generally are identified by the words “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “strategy,” “future,” “forecasts,” “opportunity,” “predicts,” “potential,” “would,” “will likely result,” “continue,” and similar expressions (including the negative versions of such words or expressions).
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and its management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher’s securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, Cipher’s evolving business model and strategy and efforts it may make to modify aspects of its business model or engage in various strategic initiatives, variations in performance across competitors, changes in laws and regulations affecting Cipher’s business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Cipher’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 filed with the Securities and Exchange Commission (“SEC”) on February 24, 2026, Cipher’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026 filed with the SEC on August 4, 2026, and in Cipher’s subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Website Disclosure
The Company maintains a dedicated investor website at https://investors.cipherdigital.com/ (“Investors’ Website”). Financial and other important information regarding the Company is routinely posted on and accessible through the Investors’ Website. Cipher uses its Investors’ Website as a distribution channel of material information about the Company, including through press releases, investor presentations, reports and notices of upcoming events. Cipher intends to utilize its Investors’ Website as a channel of distribution to reach public investors and as a means of disclosing material non-public information for complying with disclosure obligations under Regulation FD. In addition, you may sign up to automatically receive email alerts and other information about the Company by visiting the “Email Alerts” option under the Investor Resources section of Cipher’s Investors’ Website and submitting your email address.
Contacts:
Investor Contact:
Courtney Knight
Head of Investor Relations at Cipher Digital [email protected]
Media Contact:
Ryan Dicovitsky
Dukas Linden Public Relations [email protected]
Na Primoris Services Corporation byla podána hromadná žaloba kvůli údajnému podvodu s cennými papíry a dalším nezákonným praktikám. Společnost mezitím opakovaně snížila výhled upraveného EPS z 5,80–6,00 USD na 4,80–5,00 USD a upraveného EBITDA kvůli problémům v oblasti obnovitelné energetiky.
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Primoris Services Corporation ("Primoris" or the "Company") (NYSE: PRIM). Such investors are advised to 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.
The class action concerns whether Primoris and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until September 21, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Primoris securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
On February 23, 2026, Primoris issued a press release reporting its fourth-quarter and full-year 2025 financial results. In the press release, Primoris disclosed increased costs on certain renewable energy projects, more challenging-than-anticipated soil conditions, and margin compression within its Energy segment, acknowledging that these issues adversely affected fourth-quarter profitability despite higher revenue.
On this news, Primoris's stock price fell $13.72 per share, or 8.28%, to close at $151.92 per share on February 24, 2026.
Then, on May 5, 2026, Primoris issued a press release reporting its financial results for the first quarter of 2026. In the press release, Primoris disclosed additional adverse developments affecting its renewable energy business, including revenue and margin pressure, delayed project starts, and weaker-than-expected first-quarter 2026 results. The Company also reduced its full-year 2026 Adjusted EPS guidance from $5.80-$6.00 to $4.80-$5.00 and lowered its Adjusted EBITDA guidance.
On this news, Primoris's stock price fell $101.69 per share, or 50.11%, to close at $101.23 per share on May 6, 2026.
Then, on June 8, 2026, Primoris issued a press release announcing that Anthony Vorderbruggen, the Company's President of Renewables, was departing Primoris, effective immediately.
On this news, Primoris's stock price fell $18.92 per share, or 15.4%, to close at $103.90 per share on June 9, 2026.
Finally, on June 22, 2026, Primoris issued a Business Update announcing that, following an internal review supported by an independent third-party industry expert, it had identified substantial challenges, cost overruns, and project delays affecting six renewable energy projects. The Company reduced its full-year 2026 Adjusted EPS guidance to $2.05-$2.60, lowered its Adjusted EBITDA guidance to $275 million-$325 million, projected that 2026 Renewables revenue would decline to approximately $2.1 billion, and announced the resignation of its Chief Operating Officer.
On this news, Primoris's stock price fell $23.39 per share, or 21.59%, to close at $84.95 per share on June 23, 2026.
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 numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
AECOM čelí vyšetřování kvůli možnému podvodu s cennými papíry poté, co oznámila slabé hospodářské výsledky a provozní cash flow 4 miliony dolarů, což znamenalo meziroční pokles o 98 %, a upravený volný cash flow -27 milionů dolarů. Akcie po zveřejnění zprávy výrazně oslabily, když klesly o 9,55 dolaru na 69,95 dolaru za akcii.
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of AECOM ("AECOM" or the "Company") (NYSE: ACM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether AECOM and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On May 11, 2026, AECOM announced its second quarter fiscal 2026 results, including, in relevant part, that quarterly operating cash flow was $4 million, down 98% year over year, and adjusted free cash flow which swung to negative $27 million. In the accompanying earnings call, the Company's Chief Financial Officer, Gaurav Kapoor, revealed that "longer-than-anticipated claim resolution on certain projects" among other things, impacted the quarter. Kapoor further stated these were "projects we bid in fiscal year 2019 and 2020, two projects" for two clients, and that "individual claims for these two clients have gone through the resolution process. And we've been successful on each one of them. But it's just been very slow and dragged out on the resolution process. That is what has surprised us as to how long the process has taken." Then, on May 12, 2026, AECOM filed its quarterly report on Form 10-Q, which showed that significant claims recorded in contract assets and other non-current assets were approximately $680 million as of March 31, 2026, compared with approximately $400 million as of September 30, 2025.
Following these disclosures, AECOM's stock price fell $9.55 per share, or 12%, to close at $69.95 per share on May 12, 2026.
Then, on August 11, 2026, AECOM reported weaker-than-expected results for the third quarter of 2026, which were impacted by a $337 million pre-tax loss related to the delayed completion of a construction management project.
On this news, AECOM's stock price fell $6.25 per share, or 8.53%, to close at $67.05 per share on August 11, 2026.
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 numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
EUR/USD přitahuje kupce ve čtvrtek, protože prudký růst japonského jenu (JPY), slabší data z trhu práce v USA a pokles výnosů amerických státních dluhopisů tlačí na americký dolar (USD). V době psaní se pár obchoduje kolem 1,1622, zhruba 0,30 % nad úrovní dne.
EUR/USD attracts buyers on Thursday as a sharp rally in the Japanese Yen (JPY), softer United States labour-market data and a pullback in US Treasury yields weigh on the US Dollar (USD). At the time of writing, EUR/USD trades around 1.1622, up roughly 0.30% on the day.
The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, trades around 99.00, near a one-week low, after reaching 99.86 on Wednesday, its highest level since August 14. Meanwhile, the benchmark 10-year US Treasury yield falls for the second consecutive day to around 4.74%, retreating from 4.81%, its highest level since October 2023.
Dovish comments from Federal Reserve (Fed) Governor Christopher Waller prompt traders to scale back bets on a rate hike this month. Waller said he is “finally seeing some signs of disinflation in recent data” and that the “rate decision in September hinges on August inflation.” He added that he would support keeping interest rates unchanged if the August data confirm recent progress.
Waller also said the Fed’s mandate is to achieve “price stability and full employment, not financial conditions,” adding that the current interest-rate setting “could get us back to 2% inflation.”
According to the CME FedWatch Tool, the probability of a rate hike at the Fed’s September 15-16 meeting has fallen to around 48% from 63% a day earlier.
Meanwhile, mixed US economic data offers conflicting signals. Initial Jobless Claims increased to 206K in the week ending August 29, slightly above the market forecast of 205K and the previous reading of 204K. However, the ISM Services PMI rose to 55.4 in August from 54.1 in July, exceeding expectations of 54.3. The Prices Paid and Employment indices increased to 72.6 and 47.8, respectively. Traders now await Friday’s Nonfarm Payrolls (NFP) report for fresh clues on the Fed’s monetary policy outlook.
Across the Atlantic, the European Central Bank (ECB) is widely expected to raise interest rates at next week’s monetary policy meeting. The move would mark the second rate hike this year as the central bank seeks to curb inflation, which has been driven largely by elevated Oil prices linked to the war in the Middle East.
A Reuters poll showed that all 65 economists surveyed expect the ECB to raise its Deposit Facility Rate by 25 basis points to 2.50% on September 10. Around 91% expect the rate to stay at 2.50% through the end of the year, while 78% see it holding at that level through mid-2027.
US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the British Pound.
USDEURGBPJPYCADAUDNZDCHFUSD-0.29%-0.18%-2.02%-0.31%-0.28%-0.32%-0.59%EUR0.29%0.10%-1.75%-0.08%0.01%-0.10%-0.31%GBP0.18%-0.10%-1.85%-0.16%-0.09%-0.18%-0.41%JPY2.02%1.75%1.85%1.72%1.78%1.67%1.45%CAD0.31%0.08%0.16%-1.72%0.04%-0.06%-0.27%AUD0.28%-0.01%0.09%-1.78%-0.04%-0.08%-0.30%NZD0.32%0.10%0.18%-1.67%0.06%0.08%-0.19%CHF0.59%0.31%0.41%-1.45%0.27%0.30%0.19% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
GoodRx spustí rodinné předplatné Companion na běžné léky a služby a od 1. ledna 2027 ho nabídne i jako zaměstnanecký benefit. Rodiny zaplatí 24,99 USD měsíčně za přístup k více než 250 lékům a dalším službám.
GoodRx, a prescription drug savings site, announced on Thursday a family healthcare subscription for access to common medical services and over 250 medications, and it plans to launch the program as part of employer health benefits in 2027.
The program, called Companion, offers 250 generic medications for free and discounted access to telehealth, vision, dental and lab services for families paying $24.99 each month.
The subscription was previously only available directly to consumers on an individual basis. Individual Companion subscriptions cost $14.99 monthly.
CEO Wendy Barnes said the launch is meant to address affordability gaps families are facing amid changes to health insurance coverage.
"America’s healthcare affordability crisis is widening on both sides of the insurance divide," said Barnes, adding cost pressures are impacting entire households, while affordability tools often focus on individual patients. "Rising deductibles, out-of-pocket costs and coverage restrictions mean that having insurance no longer guarantees affordable access to care."
GoodRx says it is already lining up employers that want to offer the program. Those partnerships are expected to start January 1, 2027.
A spokesperson for GoodRx said employers can choose to subsidize the membership costs, and employees who choose to enroll would pay any remaining share.
During this year's second quarter, GoodRx's subscription revenue increased 39% year over year, and uptake for the Companion program exceeded expectations, Barnes said.
Employers expect healthcare costs to increase 9.2% in 2027, if they do not take action to mitigate expenses, according to the Business Group on Health.
Some employers aiming to manage cost increases plan to offer plans with higher deductibles, requiring workers to pay more out of pocket before insurance coverage takes effect, the Business Group on Health said.
"Pressure on insured consumers may be just as consequential as the number of people who lose coverage," said Barnes. "A person can have insurance and still face a prescription price they cannot afford."
Casella Waste Systems a Waga Energy letos zprovoznily provoz třetího zařízení na výrobu RNG, tentokrát na skládce McKean v Pensylvánii. Projekt má ročně vyrobit až 407 000 MMBtu (120 GWh) plynu.
RUTLAND, Vt., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling and resource management services company in the Eastern United States, and Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas (“RNG”) from landfills, announced the start of operations of the RNG production facility at the McKean Landfill in Mount Jewett, Pennsylvania.
The McKean facility is the third to come online this year, following the successful commissioning of facilities at the Chemung County Landfill and the Hyland Landfill. Together, the three projects complete the partnership agreement signed in 2023.
“Bringing this facility online at our McKean landfill is another important step in our efforts to recover more value from the materials we manage,” said Ned Coletta, President and CEO of Casella Waste Systems, Inc. “Our partnership with Waga Energy has always been focused on collaborating to leverage each other’s strengths, and it’s extremely gratifying to see the third facility come online and producing as anticipated.”
The facility uses Waga Energy's patented WAGABOX® technology to upgrade landfill gas into pipeline-quality RNG. With 2,000 SCFM of installed processing capacity, McKean can generate up to 407,000 MMBtu (120 GWh) of renewable gas annually. Production will ramp up progressively as landfill gas volumes increase at the site.
“The commissioning of the McKean WAGABOX® unit is a strong testament to the commitment and execution capabilities of the Casella and Waga Energy teams,” said Guénaël Prince, Chief Executive Officer of Waga Energy Inc. “This project also demonstrates the strength of a partnership model that creates long-term value for both partners by transforming landfill gas into a reliable source of renewable energy.”
The RNG produced on-site is injected directly into the National Fuel Gas network, supplying the region with a renewable alternative to fossil natural gas. The project is expected to avoid 31,000 tons of CO₂-equivalent emissions each year, according to U.S. Environmental Protection Agency standards.
Under the terms of the agreement, Waga Energy fully funded the construction of each facility and will own and operate each of them for 20 years, while Casella and Waga Energy share the revenue generated from RNG sales.
About Casella Waste Systems, Inc.
Casella Waste Systems, Inc., headquartered in Rutland, Vermont, provides resource management expertise and services to residential, commercial, municipal, institutional and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling and organics services in the eastern United States. For more information, visit www.casella.com.
About Waga Energy
Waga Energy produces competitively priced Renewable Natural Gas (RNG, also known as biomethane) by upgrading landfill gas using a patented purification technology called WAGABOX®. The RNG produced is injected directly into the gas grids that supply individuals and businesses, providing a substitute for natural fossil gas. Waga Energy currently operates 36 RNG production units in France, Spain, Canada and the USA, representing an installed capacity of more than 6.5 million MMBtu (1.9 TWh) per year. To date, Waga Energy has 19 RNG production units under construction worldwide. Each project initiated by Waga Energy contributes to the fight against global warming and helps the energy transition. Waga Energy is listed on Euronext Paris (FR0012532810 – EPA: WAGA).
Safe Harbor Statement
Certain matters discussed in this press release, including but not limited to, the statements regarding our intentions, beliefs or current expectations concerning, among other things, projections as to the anticipated benefits of the commercial agreement, the anticipated amounts of renewable natural gas to be produced and the anticipated impact of the commercial agreement and the renewable natural gas facilities on the Company’s business and future financial and operating results are "forward-looking statements". These forward-looking statements can generally be identified as such by the context of the statements, including words such as “believe,” “expect,” “anticipate,” “plan,” “may,” “would,” “intend,” “estimate,” “will,” “guidance” and other similar expressions, whether in the negative or affirmative. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which the Company operates and management’s beliefs and assumptions. The Company cannot guarantee that it actually will achieve the financial results, plans, intentions, expectations or guidance disclosed in the forward-looking statements made. Such forward-looking statements, and all phases of the Company’s operations, involve a number of risks and uncertainties, any one or more of which could cause actual results to differ materially from those described in its forward-looking statements.
Such risks and uncertainties include or relate to, among other things, the following: project development timelines may extend past anticipated schedules; the Company may not fully recognize the expected financial benefits from the RNG facilities due to operational challenges, gas production levels, market or economic factors outside its control which may impact revenues and costs, or for other reasons; and potential regulatory changes could adversely impact operations.
There are a number of other important risks and uncertainties that could cause the Company’s actual results to differ materially from those indicated by such forward-looking statements. These additional risks and uncertainties include, without limitation, those detailed in Item 1A. “Risk Factors” in the Company’s most recently filed Form 10-K for the fiscal year ended December 31, 2025, and in other filings that the Company may make with the Securities and Exchange Commission in the future.
The Company undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
Contact Us
Casella Waste Systems, Inc.
Media Relations
Jeff Weld
Vice President of Communications
(802) 772-2234Investor Relations
Henry Baby, CFA
Vice President of Investor Relations and Finance
(802) 417-3841 Waga Energy
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TraceLink a Omnicell propojily DSCSA compliance s nemocničními systémy správy lékáren, aby nemocnice mohly ověřovat serializované léky přímo při příjmu. Cílem je méně manuální práce a rychlejší řešení výjimek i hlášení.
Integration brings serialized product verification and traceability directly into medication receiving workflows, intended to enable more efficient pharmacy operations without separate compliance processes.
, /PRNewswire/ -- TraceLink, the world's largest Agentic Business Network for the life sciences and healthcare supply chain, today announced an integration between its Drug Supply Chain Security Act (DSCSA) compliance solution and the pharmacy inventory management systems of Omnicell, Inc. (Nasdaq: OMCL), a leading healthcare technology provider focused on empowering autonomous medication management. This integration is expected to enable hospitals and health systems to manage product verification, traceability, and compliance as part of everyday medication receiving workflows.
Medication shipments received by a hospital or health system pharmacy must be verified, documented, incorporated into inventory, and made available for patient care. When verification or data discrepancies occur, pharmacy teams must also resolve compliance exceptions while maintaining accurate records for regulatory reporting. While the DSCSA established new standards for product verification and traceability, many pharmacy teams still rely on separate compliance tools and manual processes alongside their operational workflows. Managing compliance outside the pharmacy system can add complexity, consume valuable staff time, and create unnecessary interruptions during medication receiving.
Through this integration, hospitals can access TraceLink's DSCSA capabilities directly within Omnicell central pharmacy inventory management workflows. Pharmacy teams can verify serialized products, access traceability information, resolve product verification exceptions, complete compliance reporting, and document receiving activities as medications are received, intended to help reduce manual effort, eliminate disconnected processes, and streamline pharmacy operations without changing established workflows.
TraceLink's DSCSA solution is built on the Integrate-Once™ Agentic Business Network, which links more than 315,000 authenticated entities across life sciences and healthcare and supports hundreds of billions of annual supply chain transactions. By extending this trusted digital infrastructure into hospital pharmacy operations, healthcare organizations are expected to gain immediate access to accurate serialized medicine information exchanged across the broader life sciences supply chain, improve confidence in product authenticity while enabling faster product verification, more efficient compliance exception resolution, and targeted response when recalled products enter the pharmacy.
"Hospital pharmacies shouldn't have to choose between maintaining regulatory compliance and operating efficiently," said Shabbir Dahod, President and CEO of TraceLink. "By integrating TraceLink's trusted DSCSA network with Omnicell's central pharmacy inventory management workflows, we're able to embed verification and traceability directly into medication receiving so pharmacy teams spend less time managing compliance processes and more time ensuring medicines are available for patient care."
Together, TraceLink and Omnicell are working to help hospitals and health systems:
Verify serialized medicines within existing medication receiving workflows. Reduce manual effort associated with DSCSA compliance and audit-ready reporting. Resolve product verification and compliance exceptions more efficiently. Improve traceability to support faster identification of affected recalled products. Increase operational efficiency while supporting medication safety and availability. Sundar Tamma, Vice President of Product Management for Hospital Solutions at Omnicell, said, "Hospital pharmacies continue to face increasing operational demands with limited resources. The integration of TraceLink's solution expands the range of DSCSA integrations available to Omnicell Central Pharmacy Manager customers, providing additional options to support compliance while preserving the efficient workflows pharmacists depend on every day."
As hospital pharmacies continue to modernize medication management, the same trusted serialized medicine information should be able to support broader operational capabilities—including faster compliance exception resolution, targeted recall management, and future intelligent pharmacy workflows—without requiring separate data sources or disconnected compliance systems. This integration represents another step toward embedding trusted supply chain information directly into the systems healthcare providers use every day to deliver safe, efficient patient care.
Learn more about TraceLink's DSCSA compliance solutions for hospitals and health systems.
About TraceLink
TraceLink powers the transformation to an Agentic Supply Chain Operating Model, enabling organizations to perform and improve supply chain work across their business and trading partner networks. The Agentic Supply Chain Operating System, built on the OPUS Platform, brings together Agentic Business Processes, Agentic Control Towers, governed OPUS Agents, with the Integrate-Once™ Agentic Business Network to link systems, end-to-end business transactions, and collaborative peer-to-peer processes to create trusted, real-time operational context. In this agentic environment, humans and agents work together with greater speed, reasoning, control, and accountability to improve organizational productivity, service, inventory, working capital, cost, compliance, quality, resilience, and revenue performance.
Learn more at www.tracelink.com.
About Omnicell
Since 1992, Omnicell has been committed to delivering innovative, outcomes-centric pharmacy and nursing solutions for all settings of care. As an intelligent medication management technology company, Omnicell empowers autonomous medication management by unifying automation and AI-enabled intelligence, optimized by expert services, to drive clinical and business outcomes that are helping to improve efficiency and enhance patient safety for healthcare facilities worldwide.
Learn more at https://www.omnicell.com/
OMNICELL and the Omnicell logo are registered trademarks of Omnicell, Inc. or one of its subsidiaries.
Emergent BioSolutions dokončila zpětný odkup dluhu za 75 milionů USD a snížila nesplacený objem seniorních nezajištěných dluhopisů na zhruba 364,7 milionu USD.
Repurchase reduces unsecured note balance to approximately $364.7 millionManagement to discuss this key milestone and broader transformation progress at upcoming investor conferences GAITHERSBURG, Md., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE: EBS) today announced that it has completed the repurchase of $75 million aggregate principal amount of its 3.875% Senior Unsecured Notes due 2028 (the “Senior Unsecured Notes”), following authorization granted by its Board of Directors. In total, Emergent deployed approximately $68 million of cash for the repurchases, resulting in an average repurchase price of 90.6% of face value. Following completion of the repurchases, the outstanding aggregate principal balance of the Senior Unsecured Notes has been reduced to approximately $364.7 million.
“This bond repurchase reflects our continued discipline in deploying capital to strengthen Emergent’s financial profile while maintaining flexibility to support our strategic growth priorities,” said Joe Papa, president and CEO of Emergent. “The transactions were executed at attractive market levels, reduced our outstanding unsecured debt and further demonstrate our commitment to prudent balance sheet management as we continue advancing our multi-year transformation plan.”
Emergent continues to maintain a strong cash position on its balance sheet and has access to an additional $50 million under its asset-based revolving loan facility, providing liquidity to support the company’s ongoing key strategic priorities. The company also plans to continue to monitor market conditions and evaluate the optimal timing for refinancing the remaining outstanding Senior Unsecured Notes, which mature in August 2028.
Emergent management will discuss this important milestone, along with the company’s broader transformation progress, at the following investor conferences:
21st Annual Wells Fargo Healthcare Conference, September 9, 2026H.C. Wainwright 28th Annual Global Investment Conference, September 14, 2026Presentation and webcast to be held at 3:30 pm ET; register here. A replay will be made available on Emergent’s Investor page. About Emergent BioSolutions
At Emergent, our mission is to protect and save lives. For over 25 years, we’ve been at work preparing those entrusted with protecting public health. We deliver protective and life-saving solutions for health threats like smallpox, mpox, botulism, Ebola, anthrax and opioid overdose emergencies. To learn more about how we help prepare communities around the world for today’s health challenges and tomorrow’s threats, visit our website and follow us on LinkedIn, X, Instagram, Apple Podcasts and Spotify.
Safe Harbor Statement
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including statements regarding our ability to opportunistically deploy capital, the potential refinancing of additional Senior Unsecured Notes and our multi-year transformation plan, are forward-looking statements. We generally identify forward-looking statements by using words like "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "future," "goal," "intend," "may," "plan," "position," "possible," "potential," "predict," "project," "should," "target," "will," "would," and similar expressions or variations thereof, or the negative thereof, but these terms are not the exclusive means of identifying such statements.
These forward-looking statements are based on our current intentions, beliefs and expectations regarding future events based on information that is currently available. We cannot guarantee that any forward-looking statement will be accurate. Readers should realize that if underlying assumptions prove inaccurate or unknown risks or uncertainties materialize, actual results could differ materially from our expectations. Readers are, therefore, cautioned not to place undue reliance on any forward-looking statement, as contained herein. Any such forward-looking statement speaks only as of the date of this press release, and, except as required by law, we do not undertake any obligation to update any forward-looking statement to reflect new information, events or circumstances.
There are a number of important factors that could cause the company's actual results to differ materially from those indicated by any forward-looking statements. Readers should consider this cautionary statement, as well as the risks identified in our periodic reports filed with the U.S. Securities and Exchange Commission, when evaluating our forward-looking statements.
Investor Contact:
Richard S. Lindahl
Executive Vice President, CFO [email protected]
Media Contact:
Assal Hellmer
Vice President, Communications [email protected]
Jupiter, největší swap agregátor na Solaně, je nyní součástí MoonPay PayBox, non-custodial AI payment vaultu, který umožňuje obchodování s kryptem pomocí přirozeného jazyka v AI chatbotech. Integrace zpřístupňuje routing, limitní příkazy, dollar-cost averaging i earn produkty prostřednictvím konverzačních rozhraní.
Jupiter, the largest swap aggregator on Solana, is now live inside MoonPay’s PayBox, a non-custodial AI payment vault that lets users trade crypto by typing natural-language instructions into AI chatbots. The integration went live on September 3, connecting Jupiter’s routing engine, limit orders, dollar-cost averaging tools, and earn products to conversational interfaces powered by Claude, ChatGPT, and Grok.
What PayBox actually does MoonPay launched PayBox on July 29 as its bet on “agentic payments.” The core idea: users interact with AI assistants they already use, and PayBox handles the on-chain execution in the background.
The security model relies on multi-party computation (MPC) and trusted execution environments (TEE). Neither MoonPay nor the AI chatbot can independently access a user’s private keys. The keys are split across multiple parties, and transactions require a passkey from the user before anything moves on-chain.
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Users can configure permissions along a spectrum. “Always Ask” mode requires verification for every transaction. More autonomous settings allow the AI to execute trades within pre-set limits without additional confirmation, which is useful for recurring strategies like dollar-cost averaging.
Solana is the primary blockchain supported by PayBox, though it also works with several EVM-compatible networks including Ethereum, Base, Arbitrum, and Polygon.
Why Jupiter matters in this equation Jupiter has historically processed hundreds of billions in trading volume and handles a substantial share of all Solana DEX activity.
MoonPay CEO Ivan Soto-Wright framed the integration in characteristically direct terms.
“Jupiter is the standard for how serious traders trade on Solana.”
Jupiter reorganized its product suite into three pillars, Trade, Earn, and Manage, in July 2026. That restructuring now maps onto what’s accessible through PayBox, giving conversational AI users a path to tools that previously required navigating Jupiter’s own dashboard.
This isn’t the first time Jupiter and MoonPay have collaborated. Back in 2024, the two companies worked together to introduce fiat on-ramps to Jupiter Mobile, enabling card and Apple Pay purchases. The PayBox integration represents a deeper layer of connectivity, moving beyond simple fiat-to-crypto bridges into full trading functionality.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
SummaryCoreWeave, Inc. retains my Strong Buy rating, as Q2 revealed a step-change in adjusted operating margin from 1% to 5%.CRWV’s forward guidance implies a massive Q4 ramp, with up to 60% of full-year adjusted operating income expected in that quarter.Weighted-average cost of debt fell by 300 basis points despite a hawkish Fed, signaling improved lender confidence and robust capital access.Bear risks center on surging interest expense and leverage, but margin ramp and contract durability—such as 2029 A100 GPU deals—support the bullish thesis. Erik Isakson/DigitalVision via Getty Images
Back in July, I covered CoreWeave, Inc. (CRWV) and argued that the selloff was a rate scare without an underlying business problem, and that the crowd would find its way back to the
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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.
QCi ve 2. čtvrtletí zvýšila tržby na 5,6 mil. USD, ale stále vykázala hrubou ztrátu asi 1,2 mil. USD. Provozní náklady vyskočily o 114 % na 21,8 mil. USD.
Key Takeaways QCi posted $5.6M in Q2 revenues but still recorded a gross loss of about $1.2M. QCi's operating expenses jumped 114% to $21.8M on payroll, marketing and acquisition costs. QCi spent about $180M on three buyouts, enhancing capabilities while rising integration and execution risks. Quantum Computing Inc. (QUBT - Free Report) or QCi faces a key risk as its strong revenue growth has not yet translated into positive profitability. Second-quarter 2026 revenues rose to $5.6 million from just $61,000 a year ago, but the company still reported a gross loss of about $1.2 million.
This indicates that current production volumes are not yet high enough to absorb manufacturing-related fixed costs efficiently. The company is working toward scalable commercial manufacturing and higher production volumes, which could help improve gross margins over time.
Second-quarter operating expenses also surged 114% year over year to $21.8 million, mainly due to higher personnel and payroll costs for research and development, increased sales and marketing spending, and about $7.3 million in acquisition-related transaction expenses.
QCi used approximately $180 million in cash, including transaction expenses, to acquire Luminar Semiconductor, NuCrypt and NHanced Semiconductors during the first half of 2026. These deals not only expanded QCi’s technology and manufacturing capabilities but also introduced integration and execution risks. Increasing production volumes, converting backlog into revenues and controlling expenses will therefore be critical to the company’s path toward profitability.
Peer UpdateD-Wave Quantum (QBTS - Free Report) revenues remain uneven because large system contracts still shape reported results, even as recurring commercial usage is improving underneath. Second-quarter 2026 revenues remained essentially flat year over year, while first-half revenues declined to $5.93 million from $18.10 million in the prior-year period, primarily because the year-ago period benefited from a major system sale.
Expense intensity also remains high as D-Wave funds both near-term commercialization and a multi-year technology roadmap. Second-quarter 2026 operating expenses rose 93% year over year, while first-half operating cash outflow increased to $73.5 million from $34.6 million, reflecting a 112% jump.
Rigetti’s (RGTI - Free Report) revenue profile remains tied to the timing of system deliveries and milestone-based development work rather than recurring commercial usage. Revenues reached $5.1 million in the second quarter of 2026, up from $1.8 million a year earlier, driven mainly by sales of 9-qubit Novera systems and related products.
However, concentration remains high, with one customer accounting for 64% of second-quarter 2026 revenues and another for 16%. Rigetti continues to fund a large research and infrastructure program against a small revenue base. Operating expenses rose 48% year over year to $30.3 million, including a 53% increase in R&D to $20.7 million.
QUBT’s Share Price PerformanceOver the past year, QCi’s shares have plunged 47.9% compared with the industry’s 11.7% decline.
Image Source: Zacks Investment Research
QUBT’s Expensive ValuationQUBT currently trades at a forward 12-month price-to-sales (P/S) of 34.61X compared with the industry’s median of 4.09X.
Image Source: Zacks Investment Research
QUBT Stock Estimate TrendOver the past 30 days, QCi’s loss per share estimate for 2026 has moved south.
Image Source: Zacks Investment Research
QUBT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Brinker International za poslední tři měsíce vzrostla o 69,4 % díky obratu Chili’s, kde srovnatelné tržby ve 4. čtvrtletí stouply o 6 % a návštěvnost o 1,5 %.
Firma čeká ve fiskálním roce 2027 upravený EPS 12,60 až 13,40 USD.
Key Takeaways Brinker International shares surged 69.4% in three months as Chili's turnaround gained traction.Chili's posted 6% comparable-sales growth, with traffic up 1.5% and menu launches driving momentum.Brinker expects fiscal 2027 EPS of $12.60-$13.40 as margins, reimages and new-unit growth support expansion. Brinker International, Inc. (EAT - Free Report) has delivered an impressive run, with shares advancing about 69.4% over the past three months. Over the same period, the industry and the S&P 500 have gained 1.3% and fallen 0.4%, respectively.
The sharp gain reflects improving fundamentals at its Chili’s business, where sustained traffic growth, successful menu launches and stronger restaurant economics have strengthened Brinker’s growth outlook. The company’s latest results suggest that the turnaround is gaining traction.
Notably, Brinker has outperformed peers such as Wingstop Inc. (WING - Free Report) , Shake Shack Inc. (SHAK - Free Report) and Domino's Pizza, Inc. (DPZ - Free Report) during this period.
Price Performance
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Chili’s Continues to Drive GrowthChili’s remains the centerpiece of Brinker’s investment story. The brand generated 6% comparable-sales growth in the fourth quarter, marking its 21st consecutive quarter of same-store sales growth. The result was particularly impressive, as Chili’s delivered another solid increase after posting a strong 24% comparable-sales gain in the year-ago quarter. Over the past three years, Chili’s comparable sales have grown roughly 50%.
Traffic is becoming an increasingly important component of that growth. Fourth-quarter comparable sales increased 5.6%, driven by 1.5% traffic growth and 4.3% pricing, with a 0.2% negative mix impact. Management also noted that sales and traffic accelerated significantly in July and August, offering an encouraging start to fiscal 2027.
Chili’s focus on value is helping the brand attract consumers across income groups. Management noted that the average per-person spend at Chili’s remains $3-$4 below competitors, reinforcing its value positioning and helping generate a cycle of higher traffic, sales growth, margin improvement and reinvestment.
Big Crispy Strengthens the BrandMenu innovation is another important growth driver. The Big Crispy Chicken Sandwich has significantly exceeded management’s initial expectations. Daily sales climbed from around 20 sandwiches per restaurant before its launch to 55 by the end of the fourth quarter, representing a 175% increase. Management said sales continued to build during the quarter.
The product joins other successful offerings, including the Big Smasher, Big QP and Triple Dipper, which have helped Chili’s attract new customers. Marketing initiatives such as Margarita of the Month and refreshed advertising campaigns are also helping maintain the brand’s visibility and relevance.
Improving Margins Could Support EarningsBrinker is also benefiting from better operating leverage. Fiscal 2026 revenues increased 7.9%, restaurant operating margin expanded 30 basis points and adjusted EPS advanced 20.6%. In the fourth quarter, revenues totaled $1.536 billion, while adjusted EPS rose 23% year over year to $3.07.
Restaurant operating margin improved to 18% from the prior year, aided by sales leverage. Labor costs were particularly favorable, improving 90 basis points year over year despite wage inflation and higher health-insurance costs.
Management expects further margin improvement as the business grows. Rather than simply maximizing near-term profitability, Brinker plans to reinvest in food, restaurant atmosphere and the overall guest experience. This approach could help sustain traffic gains and strengthen the brand over time.
Expansion Adds to the Long-Term OpportunityBrinker’s fiscal 2027 outlook also supports the bullish case. The company expects revenues of $6.15 billion to $6.27 billion and adjusted EPS of $12.60 to $13.40. Its assumptions include mid-single-digit comparable-sales growth and positive traffic at Chili’s for the remainder of the year. The outlook also includes the benefit of a 53rd operating week.
EAT is simultaneously investing in its restaurant base. After completing 11 Chili’s reimages in fiscal 2026, Brinker plans to complete another 60 to 80 in fiscal 2027. New-unit growth is expected to be modest initially but accelerate from fiscal 2028, with a stronger development pipeline already taking shape.
Brinker’s Bottom Line Continues to StrengthenBrinker’s earnings outlook remains encouraging, with estimates pointing to solid profit growth over the next two fiscal years. The company is expected to generate $13.01 in earnings per share in fiscal 2027, representing a 21.1% year-over-year increase. Earnings are projected to rise further in fiscal 2028, reaching $13.90 per share, up 6.8% from the prior-year level.
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The continued improvement in earnings reflects Brinker’s strong operating momentum, particularly at Chili’s, where healthy traffic, menu innovation and improved restaurant-level economics are supporting profitability. If the company maintains this momentum, sustained earnings growth could provide further support for EAT shares.
EAT Offers Attractive ValuationDespite its strong stock performance over the past three months, Brinker does not appear excessively valued relative to several restaurant peers. EAT currently trades at 17.32X forward 12-month earnings, which is below the industry average and suggests that the stock still offers a relatively reasonable valuation.
The valuation looks even more appealing when compared with several high-growth restaurant stocks. Wingstop, Shake Shack and Domino’s Pizza trade at forward P/E of 22.35X, 53.53X and 17.19X, respectively. While each company has its own growth profile, EAT’s lower valuation multiple, combined with its strong earnings outlook, could make the stock an attractive option for investors seeking a balance between growth and valuation.
EAT P/E Ratio (Forward 12 Months)
Image Source: Zacks Investment Research
Does EAT Still Have Room to Run?Brinker’s rally appears to be supported by a meaningful improvement in its underlying business rather than short-term market enthusiasm alone. Chili’s continues to strengthen its competitive position through compelling value, successful menu innovation, rising traffic and a more engaging guest experience, while improving restaurant economics are translating into stronger profitability.
The company also has additional growth opportunities through restaurant reimaging, new-unit development and disciplined capital allocation. At the same time, the stock’s valuation remains relatively reasonable compared with several restaurant peers, making the risk-reward profile appealing. With earnings momentum, a strengthening core brand and multiple avenues for future growth, investors may consider adding EAT to their portfolios as Brinker’s turnaround story continues to mature.
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.
LayerZero Labs představila Zero, novou architekturu Layer 1 s cílem až 2 milionů TPS v Atomicity Zone a s horizontálním škálováním až na 5 milionů TPS. Mainnet má být spuštěn na podzim 2026.
LayerZero Labs, the team behind the widely used cross-chain messaging protocol, unveiled Zero, a new heterogeneous Layer-1 blockchain architecture on February 10, 2026. The architecture uses zero-knowledge proofs to decouple transaction execution from verification, splitting validators into two roles: lightweight Block Validators that handle verification, and optional high-performance Block Producers that handle execution. The verification layer stays decentralized and accessible. The execution layer scales horizontally through parallel Atomicity Zones.
The performance targets are eye-catching. LayerZero is claiming up to 2 million transactions per second per “Atomicity Zone,” with horizontal scaling potentially pushing that figure to 5 million TPS. Transaction costs sit at roughly $0.0001. For context, Ethereum’s mainnet processes around 15-30 TPS on a good day, and even Solana’s theoretical maximum hovers around 65,000 TPS.
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How Zero actually works Each Atomicity Zone functions as its own specialized environment. Rather than competing for block space on a single chain, different use cases get their own lanes. ZK proofs allow the network to confirm transactions are valid without requiring every node to re-execute them.
LayerZero also built custom infrastructure components to support the architecture. QMDB handles state storage, while a system called FAFO manages parallel compute. The development process took approximately 2.5 years.
Institutional backing tells the real story Strategic partners include Citadel Securities, ARK Invest, Google Cloud, the DTCC (which processes the vast majority of US securities transactions), and ICE, the parent company of the New York Stock Exchange.
LayerZero reinforced that positioning with ATLAS, a headless exchange backend designed to handle financial transactions across multiple asset classes. ATLAS was unveiled on August 25, 2026, and runs on the Zero framework. A notable tokenomics detail: 75% of certain fees generated through ATLAS are directed toward a ZRO buy-and-burn mechanism.
The mainnet launch is targeted for fall 2026. The ZRO token secures the network and benefits from the fee structure built around ATLAS.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The U.S. Army just crossed a threshold it has never crossed before, and one battered defense stock is suddenly the center of a sector-wide scramble to figure out what comes next.
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A first-of-its-kind U.S. Army directed-energy production contract has reshaped the counter-drone trade Thursday morning, lifting AeroVironment, Inc. (NASDAQ:AVAV | AVAV Price Prediction) shares while smaller drone-defense names ride the read-across. The REX Drone ETF (NASDAQ:DRNZ) is up 1%, and the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 0.3%, signaling a sector-specific bid rather than a broad risk-on session.
AeroVironment stock is up 6% to $153.93 after the company landed a $464.8 million Enduring-High Energy Laser production contract from the U.S. Army. Also catching a bid on the counter-drone read-across, Unusual Machines (NYSEAMERICAN:UMAC) shares are up 1% to $23.89 without an award of their own. Red Cat Holdings (NASDAQ:RCAT) stock is climbing 3% to $8.57 as investors extend the theme to the smaller pure plays in the group.
The broader directed-energy and counter-UAS cluster is participating too, with Ondas Inc. (NASDAQ:ONDS) and Kratos Defense & Security Solutions (NASDAQ:KTOS) both ticking higher alongside the featured movers. That group has spent much of the year as a defense-sector laggard, making Thursday’s coordinated bid notable.
First Production Award for Directed Energy AeroVironment disclosed a $464.8 million award from the U.S. Army Portfolio Acquisition Executive for Fires, funding delivery of dozens of LOCUST X3 laser weapon systems under the Enduring-High Energy Laser program. It’s the first production contract for directed energy in U.S. history, moving laser weapons from prototype work into fielded units built to defeat group 1 through 3 unmanned aircraft threats.
The LOCUST X3 is a 30-kilowatt platform-agnostic system built to integrate with the Army’s Joint Light Tactical Vehicle, with palletized configurations and Infantry Squad Vehicle integration under evaluation, according to AeroVironment, Inc.. AeroVironment is supporting the production ramp with a $30 million expansion of its Albuquerque, New Mexico facility announced in March, according to AeroVironment, Inc..
On the fiscal fourth-quarter call, management previewed Enduring High Energy Lasers as “about a half a billion dollar program in size total,” so Thursday’s award sits near the top of that framing. AeroVironment also flagged that the FAA cleared directed-energy systems like LOCUST for domestic airspace earlier this year, widening the pool of protectable assets beyond overseas theaters.
AeroVironment CEO Wahid Nawabi called the deal “a defining moment not only for AV, but for the future of modern defense.” Directed Energy Systems Vice President John Garrity added that “E-HEL is not a future capability, it is a production-ready system, built on proven technology, and designed to meet the demands of today’s fight while scaling for tomorrow’s threats.”
Counter-Drone Peers Catch the Read-Across Unusual Machines and Red Cat had no matching award, so their moves reflect sector sentiment rather than a company-specific catalyst. Both names benefit from the same NDAA-compliance and counter-UAS demand story that has driven their sharp revenue ramps this year, and both carry meaningful cash cushions relative to market cap.
Ondas fits the same directed-energy and counter-drone cluster through its Sentrycs and Iron Drone brands, along with a Mistral unit that participates in a U.S. Army loitering munitions program. Kratos offers a bigger-cap read on the theme, and management flagged its own $160 million directed-energy counter-UAS award during the second-quarter call in August.
Uneven Scoreboard Through Wednesday’s Close The scoreboard heading into Thursday told very different stories across the featured group. AeroVironment stock was down 40% year to date (YTD) through Wednesday’s close, turning today’s bounce into a news-driven rally against a broken chart rather than the continuation of a trend that was already running higher.
Unusual Machines stock was up 85% YTD, the clear outlier and proof that the same counter-drone theme has paid very differently depending on the name. Red Cat stock was up 5% YTD, close to flat and giving today’s bid a little more room to run before it meets meaningful technical resistance.
The broader cluster tells a similarly split story. Ondas stock was down 22% YTD, and Kratos stock was down 37% YTD, leaving the counter-drone theme with plenty of room to catch up if additional production awards follow.
What to Watch Next The unresolved question for AeroVironment is whether a first-of-its-kind production award changes the trend or simply interrupts a rough year. LOCUST X3 deliveries stretch across multiple years, so the impact on financial results filters in gradually rather than in a single quarter, and management has already flagged that fiscal 2027 revenue is weighted toward the back half.
For AeroVironment’s counter-drone peers, the read-across only holds if additional Army and Navy counter-UAS awards follow through the fall. Investors sizing their exposure to this cluster should consider modest positions given the year-to-date volatility already visible above and the tendency of contract-driven moves to fade once the initial headline is digested.
Contact [email protected] for any questions or corrections.
NANO Nuclear posunula vývoj primárního heliového cirkulátoru pro KRONOS MMR do fáze detailního návrhu. Spolupráce se společností Howden, součástí Baker Hughes, je dalším milníkem směrem ke komerční připravenosti.
Engineering milestone marks continued progress in the maturation of the KRONOS MMR™ toward commercial readiness
New York, N.Y., Sept. 03, 2026 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear micro modular reactor and technology company focused on developing clean energy solutions, announced continued progress toward the development of the primary helium circulator for its proprietary KRONOS MMR™ Energy System under its engineering collaboration with Howden, a Baker Hughes Business.
The helium circulator is a critical mechanical subsystem within the KRONOS MMR™ Energy System, responsible for circulating helium coolant throughout the reactor to efficiently transfer heat generated within the reactor core. As one of the principal components supporting reactor performance, the circulator plays an essential role in overall plant efficiency, thermal performance, and long-term operational reliability.
Working closely with NANO Nuclear's reactor engineering team, Howden, a provider of air and gas handling products that is now a part of Baker Hughes after its acquisition of Chart Industries, is leading the engineering design of the helium circulator, applying its expertise from decades of experience in helium turbomachinery and high-temperature gas-cooled reactor technology to develop a solution tailored to the performance requirements of the KRONOS MMR™ Energy System.
The progress from preliminary engineering into the detailed design phase marks an important engineering milestone. Building upon the reactor performance requirements established by NANO Nuclear, Howden has completed key engineering evaluations, developed detailed three-dimensional design models, performed supporting engineering analyses, and conducted formal design reviews with NANO Nuclear's engineering team. Collectively, these activities establish a mature technical foundation for the helium circulator subsystem and increase confidence in its performance, manufacturability, and integration within the broader KRONOS MMR™ Energy System. NANO Nuclear and Howden are continuing engineering activities, including component qualification, materials and performance testing, continued design optimization, and manufacturing planning.
Figure 1 - NANO Nuclear and Howden, a Baker Hughes Business, Advance Engineering Collaboration for the KRONOS MMR™ Primary Helium Circulator to Detailed Design Phase
This announcement follows recent progress related to NANO Nuclear’s collaboration with Fortil on the design of the Fuel Handling & Storage System, another essential subsystem within the KRONOS MMR™ Energy System architecture. The Fuel Handling & Storage System supports the safe handling, storage, and management of nuclear fuel throughout reactor operations. Collectively, these announcements support future subsystem standardization and reinforce the engineering foundation necessary for future deployments and long-term commercialization.
James Walker, Chief Executive Officer of NANO Nuclear Energy, said:" Progressing the primary helium circulator into detailed design represents another important milestone in the continued development of the KRONOS MMR™ Energy System. Advancement of the circulator design strengthens the technical foundation of the overall reactor program and demonstrates the disciplined engineering execution essential for successful commercialization. We continue to make steady progress across both engineering and regulatory activities as we advance the KRONOS program toward prototype construction, regulatory licensing and future deployment."
Jay Yu, Founder and Chairman of NANO Nuclear Energy, added: "NANO Nuclear's strategy is built upon developing advanced reactor technology through disciplined engineering execution and strategic collaborations with world-class supply chain partners. Our continued work with Howden reflects that commitment, bringing together complementary expertise to advance a critical reactor subsystem. Each engineering milestone strengthens the industrial ecosystem supporting KRONOS while further positioning the program for future first-of-a-kind deployment and long-term commercial success."
About NANO Nuclear Energy, Inc.
NANO Nuclear Energy Inc. (NASDAQ: NNE) is a North American advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel supply chain, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services.
Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include the proprietary KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign, “ZEUS”, a portable solid core battery reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.
Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, bolstered by the May 2026 acquisition of Secured Transportation Services (STS), is led by former executives from the largest transportation company in the world and provides nuclear engineering and materials transport services in the U.S. and globally. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy.
HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.
NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon's surface.
For more corporate information please visit: https://NanoNuclearEnergy.com/
For further NANO Nuclear information, please contact:
Email: [email protected]
Business Tel: (212) 634-9206
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This news release and statements of NANO Nuclear’s management and collaborators in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “explore,” “plans”, “aim,” “goal,” “believes”, “potential”, “will”, “should”, “could”, “would” or “may” or derivations of these words and other words of similar meaning about the future. In this press release, forward-looking statements include those relating to the Company’s future development and commercial plans and goals for the helium circulator subsystem described herein and the KRONOS MMR™ Energy System generally. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”), U.S. Nuclear Regulatory Commission (“NRC”), Canadian Nuclear Safety Commission (“CNSC”) or related state or other U.S. or non-U.S nuclear licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complementary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain and maintain key vendor, technology and customer contracts and the significant funding necessary to execute on our business plan, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE, and the NRC, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, and (vi) similar risks and uncertainties associated with the operating a developing business a highly regulated, competitive and rapidly evolving industry, including that our plans may change and we may use our cash on hand faster or in different ways than anticipated as our business requires. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.
NANO Nuclear Energy Inc.
NANO Nuclear Energy Inc. NANO Nuclear and Howden, a Baker Hughes Business, Advance Engineering Collaboration for the KRONOS M...
Meta uzavřela dohodu v žalobě kvůli bezpečnosti dětí ve výši až 17 miliard USD a zavede výrazná omezení pro teenagery v aplikacích. Patří mezi ně dvouhodinový denní limit, blokace mezi půlnocí a 6:00 a vypnutí notifikací ve školních hodinách.
Meta's landmark settlement in its child safety trial will precipitate the most significant change to its social media platforms for teen users ever.
The social media giant's settlement with more than 40 states plus the District of Columbia and multiple territories, includes up to $17 billion in payments over 10 years, changes to the apps for teens and stricter age assurances.
"It's the highest amount of money ever paid in a case like this," California Attorney General Rob Bonta, who led the trial, told CNBC in an interview after the settlement. "And $17 billion can do a lot of good to prevent and remediate mental health harms for kids."
Perhaps even more meaningful for Meta, which generated $201 billion in revenue last year, it must implement a range of product changes for users ages 13-17.
The list includes a two-hour default limit for time spent on its app, blocking the apps between midnight and 6 a.m., and muting notifications during school hours. Teen users will also have likes hidden, cosmetic filters disabled, and the option to control autoplay of videos as well as the ability to opt for a non-algorithmic feed.
Meta said it'll roll out many of the default protections in the next six months, but it will take up to a year to introduce age assurances — stricter age verification requirements to keep kids off its platforms and accurately identify teens who have lied about their age.
To address this complex problem, Meta is building a new prediction model to determine users who are under 13 or in the range of 13-17 by pulling in data like who they're connected to, who they follow and who their followers are, as well as the likes of happy birthday greetings.
Age verification — especially without facial recognition, which Meta doesn't use — is notoriously tough. The challenge has prompted a debate between Meta and app store owners Apple and Google about which entity should be responsible. Meta has also been working on age-gating technology in Australia to comply with laws banning social media for kids under age 16, but teens are finding workarounds.
After years of denying that its products negatively impacted kids, Meta's now trying to be a leader in a wave of changes, and is calling on rivals YouTube and Snap to join them.
Meta will pay $5.3 billion of its $17 billion settlement only if TikTok and YouTube agree to pay the same, and also set default limits of an hour on their apps, which Meta said it would then adopt. TikTok and YouTube have not responded to Meta or to CNBC's request for comment.
Not everyone is satisfied with this $17 billion settlement, which is just a fraction of the $200 billion that the state AGs were originally pursuing.
Florida Attorney General James Uthmeier, who did not participate in the settlement and is pursuing separate litigation against Meta, told CNBC he was frustrated with the five-year commitment Meta made for some features and 10 years for others.
"Child protection is not a short-term, temporary goal. They violated Florida law, and our law is not temporary, it's permanent. These changes need to be permanent," Uthmeier said.
Meta still faces other lawsuits, as do other social media companies, but questions remain about how much the teen changes will affect its bottom line.
Meta has said that teens generate less than 1% of its revenue and eMarketer reports that teens spend less time on Instagram and Facebook than they do on TikTok and YouTube. But the added restrictions could drive teen users of Instagram and Facebook to other platforms without restrictions, impacting Meta's appeal to these teens once they grow into adults, who are far more valuable in terms of ad revenue.
"Kids are extremely valuable to Meta," said Kelly Stonelake, a former Meta director who is now a child safety advocate. "It's actually pretty devastating to Meta's current strategy to limit the kind of hooks that they can put into young people."
Watch the video to find out how Meta will pull off massive changes to its platforms.
Tesla má po smíšených výsledcích silný býčí i medvědí příběh: tržby ve 2. čtvrtletí vzrostly meziročně o 25,5 % na 28,24 miliardy USD, ale provozní marže spadla na 1,4 % a volný peněžní tok byl záporný.
Tesla's bull case and bear case are both stronger than usual right now, and that tension is exactly what makes the stock so difficult to read at current levels.
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Tesla (NASDAQ:TSLA | TSLA Price Prediction) trades at $357.01, and the split reaction after the stock touched $355 shows why the setup is unusually balanced. The bull case and the bear case are both stronger than usual right now, which is a signal to slow down rather than press.
Tesla still sells more electric vehicles than any Western rival, but the story reflected in the stock is no longer just cars. It is robotaxi expansion into seven US markets, an Optimus ramp management calls potentially the biggest product it has ever built, an in-house semiconductor fab, and roughly 1.5 million paid FSD customers globally.
The stock has round-tripped from a Q4 2025 filing high near $439 to today, and consensus estimates are getting cut. That is the tension.
AI Optionality and Record Deliveries Anchor the Bull Case Bulls have real numbers to point to. Q2 2026 revenue rose 25.5% year over year to $28.24 billion, deliveries hit a record 480,126 vehicles, and management said Tesla exited the quarter with its largest order backlog since 2023.
Energy storage deployments jumped 53% sequentially to 13.5 gigawatt hours, feeding directly into data center power demand. The robotaxi fleet has logged more than 380,000 unsupervised miles with what management describes as zero notable incidents. The balance sheet holds roughly $43.5 billion in cash, giving Tesla runway to fund the Optimus, CyberCab, and semiconductor buildouts without stress.
Margin Collapse and a 371 P/E Frame the Bear Case The bear case starts with the multiple. Tesla trades at roughly 371 times earnings while Q2 operating margin compressed to 1.4%, non-GAAP EPS of $0.33 missed the $0.54 consensus by nearly 39%, and free cash flow flipped to negative $1.09 billion.
Analyst estimates are moving the wrong way. The 2026 EPS consensus has fallen to $1.77 from $2.13 just 30 days ago, and downward revisions outnumbered upward ones 18 to 7. Barron’s headlines this week flagged that Tesla’s robotaxi fleet lags far behind Waymo and questioned Cybercab hype, exactly the narratives Tesla’s premium depends on.
Waiting for Execution to Catch Up With Ambition The wait-and-see case is the clearer read. Capex is on track to exceed $25 billion for the year, and management said heavy spending will continue for two or three years. That is a long window before Optimus, CyberCab, and the Austin fab either justify the multiple or force a rerating.
Automotive margins ex-credits slid from 19.2% to 16.3% sequentially, yet Q1 already showed the model can snap back when tariff and warranty timing normalize. Neither side has the last word yet.
What the Numbers Actually Say Tesla currently trades at $357.01 against an analyst target of $390.09, implying roughly 9.3% upside. Coverage is deep: 6 strong buys, 16 buys, 19 holds, 3 sells, and 2 strong sells. Targets are one data point among many, and the estimate range for 2027 EPS runs from $0.80 to $3.65.
Shares are up 10.85% over the past month and 8.4% over the past year, but down 20.62% year to date. The S&P 500 is up 12.21% year to date and 19.51% over one year. Tesla is underperforming the broader market badly in 2026.
Why the Setup Looks Balanced at $357 At $357, the risk/reward looks balanced. Here is why.
The stock sits within a few percent of fair value on our modeled base case of $373.67, and the bull and bear paths ($457 vs $341) bracket the current price too tightly to justify aggressive positioning either way. Estimate cuts are still landing, capex is climbing, and margins have not stabilized.
What would strengthen the bull thesis: robotaxi miles compounding, FSD attach rate breaking above 60% in North America from the current 55%, and automotive gross margin ex-credits rebuilding above 19%. What would strengthen the bear thesis: a third consecutive EPS miss, capex overshooting $30 billion without revenue follow-through, or a robotaxi safety incident.
The cost of patience is small relative to the cost of picking wrong before the Q3 earnings report. Tesla is a story stock in a show-me quarter, and the next earnings report is likely to settle the argument.
Contact [email protected] for any questions or corrections.
Coca-Cola zvýšila čtvrtletní dividendu na 0,53 USD na akcii a prodloužila sérii každoročních zvýšení na více než šest desetiletí. Zpětný dividendový výnos je ale jen asi 2,32 %.
Coca-Cola just extended a dividend streak that spans six decades, but a surging stock price and a tight payout ratio raise real questions about whether this legendary income name still delivers for buyers entering today.
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Coca-Cola (NYSE:KO | KO Price Prediction) just sent another check to shareholders. The board declared a $0.53 per share quarterly dividend with an ex-date of September 15, 2026 and a payment date of October 1, 2026. That extends one of the longest dividend-growth records on the market. It also raises a fair question: does a legendary streak translate into a great dividend today? Here is how the payout scores on five measures.
1. Growth Streak: A+ Coca-Cola paid $8.8 billion in dividends during 2025 and, on the company’s own math, extended its consecutive annual increase streak past six decades. The quarterly rate has climbed from $0.41 in 2020 to $0.53 in 2026. Few Dividend Kings can match that consistency.
2. Current Yield: C+ The trailing yield sits at roughly 2.32%, based on a $2.08 trailing payout and a share price of $88.85. That is above the S&P 500 average, but it is a byproduct of price appreciation working against income buyers. KO is up 27.57% year to date and 31.19% over the last year. New money buys less yield than it did in December.
3. Recent Growth Rate: B The 2025 to 2026 hike, from $0.51 to $0.53, is a step down from the double-digit raises Coca-Cola delivered decades ago. It is roughly in line with the pace since 2020 and consistent with management’s comparable EPS growth guidance of 9 to 10% for 2026. Reliable, not thrilling.
4. Payout Ratio: B- 2025 EPS came in at $3, against a forward annualized dividend of $2.12 per share. That is a payout ratio in the high 60s. Management can support it, but the cushion is thinner than income investors sometimes assume, and it leaves less room for buybacks even with a $5.2 billion repurchase authorization outstanding.
5. Cash Flow Coverage: B 2025 operating cash flow was $7.408 billion against capital expenditures of $2.112 billion and dividends of $8.779 billion. Free cash flow did not fully cover the payout last year. The 2026 outlook improves the math sharply: management guides to free cash flow of roughly $12.4 billion, and CFO John Murphy noted net debt leverage of 1.4 times EBITDA, below the 2 to 2.5 times target range. First-half free cash flow was approximately $6.9 billion, tracking that guide.
Final Grade: B+ The streak is untouchable, the balance sheet supports it, and the 2026 cash flow ramp resolves last year’s coverage gap. What KO does not offer is a high starting yield or fast growth. Investors weighing whether a 60-year raiser still earns a spot in the income sleeve can compare it against the rest of the club in our free Dividend Kings report, which ranks ten of them by valuation right now. Watch the pending 11th Circuit IRS decision and the CCBA divestiture closing, either of which could shift capital allocation ahead of the next dividend declaration.
Contact [email protected] for any questions or corrections.
Chris Lange
Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics. Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications. A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.
Shareholders on record as of September 4, 2026, will receive $0.22 per share in quarterly Google (NASDAQ: GOOGL) dividend on September 14, 2026.
Paid on each of the company’s Class A, Class B, and Class C shares, the next dividend represents no change from the previous one, issued on June 15.
Thus, 100 GOOGL shares will net investors exactly $22 in quarterly Google stock dividends next week. As the first quarter payout was lower, at $0.21, the same investment will yield $87 in dividends over the course of the year.
Alphabet dividend schedule. Source: Dividend.com With $0.22 per share in dividends and one share costing $337.12 at press time, September 3, investors will need to own about 114 shares to earn approximately $100 in dividends this month. At the current price, such an investment would cost $38,426.88.
Google stock dividend strategy The company paid its first dividend in June 2024, initially setting the quarterly payout at $0.2 per share. The company increased the dividend by 5% to $0.21 per share in 2025, followed by another 5% increase to $0.22 in April 2026.
Right now, across approximately 12.2 billion shares outstanding, management is looking at roughly $10.8 billion in annual dividend payments. At first glance, that may seem significant, but in June, Alphabet raised nearly $50 billion by selling new securities in just one week. What’s more, it announced an $80 billion equity raise on June 1 to help finance its massive artificial intelligence (AI) expansion.
Even so, income isn’t the primary reason investors own Alphabet. After all, at a yield of roughly 0.25%, the dividend is far too small to make the stock attractive as an income investment. What’s more, Google now has a much more expensive dividend obligation ahead of its common stock dividend.
The mandatory convertible preferred shares issued in June carry a 6.25% annual dividend. That amounts to approximately $1.2 billion per year until the preferred shares convert into common stock by May 2029.
Therefore, the quarterly Google dividend isn’t meaningful because of the income it provides, but rather as an important signal of Alphabet’s evolving capital strategy.
Featured image via Shutterstock
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Zoox rozšířil komerční robotaxi službu v Las Vegas o jízdy na letiště Harry Reid International Airport. Jde o jediný robotaxi provoz na letišti v Las Vegas.
Zoox isn’t wasting any time now that it’s allowed to operate and charge for rides in its custom-built robotaxi.
The company has extended its commercial robotaxi service in Las Vegas to include rides to and from Harry Reid International Airport. Customers will be able to hail rides to the airport beginning Thursday, according to Zoox. The expansion, which unlocks a critical ride-hailing destination, builds on a series of recent wins for the Amazon-owned autonomous vehicle technology company.
Silicon Valley-based Zoox spent more than a decade developing its self-driving system and custom robotaxi that lacks traditional controls like a steering wheel and pedals. While it has made progress, even providing rides to customers in Las Vegas for a year, it wasn’t able to operate as a true commercial robotaxi service.
That changed in August after federal safety regulators gave Zoox a temporary exemption from certain motor vehicle safety standards. The commercial exemption, which lasts two years and allows Zoox to deploy up to 2,500 vehicles, spans eight federal motor vehicle standards, including windshield defrosting and light vehicle braking systems.
The exemption has kicked Zoox’s business expansion into drive. The company started charging for rides on August 10, said it would begin testing its self-driving vehicles in San Diego and Houston, and released its safety framework — all actions that point to a company ramping up operations.
Image Credits:Zoox / The company’s expansion to the Las Vegas airport appears to give it a bit of an edge over traditional ride-hailing companies Uber and Lyft, at least when it comes to grabbing a ride from the airport into the city. According to Zoox, its robotaxi will pick up and drop off riders at both airport terminals near baggage claim. While Uber and Lyft can drop passengers off at the curb at the terminal, the pick up location is about a five- to ten-minute walk from baggage claim on the upper floor of a nearby parking garage.
Zoox is the only robotaxi company operating a service to the Las Vegas airport, but more competition is coming.
The city has served as a testing ground for several autonomous vehicle companies over the years, and is now expected to be teeming with commercial robotaxi operators in the next year. Tesla, Uber and Waymo all received permits last month from the Nevada Transportation Authority to operate commercial robotaxi services in Clark County, home to Las Vegas. Uber plans to operate robotaxis through partnerships with Hyundai subsidiary Motional, and Zoox.
Together, these permits would allow the deployment of up to 8,000 robotaxis across the county over the next 12 months.
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Kirsten Korosec is a reporter and editor who has covered the future of transportation from EVs and autonomous vehicles to urban air mobility and in-car tech for more than a decade. She is currently the transportation editor at TechCrunch and co-host of TechCrunch’s Equity podcast. She is also co-founder and co-host of the podcast, “The Autonocast.” She previously wrote for Fortune, The Verge, Bloomberg, MIT Technology Review and CBS Interactive.
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Microsoft ve 4. fiskálním čtvrtletí 2026 zvýšil cloudové tržby meziročně o 27 % a objem nevyřízených zakázek vzrostl o 84 % na 678 miliard USD. Azure zároveň překonal 100 miliard USD v ročních opakovaných tržbách.
Microsoft (MSFT -0.84%) continues to deliver exceptional quarterly results, with cloud computing playing a major role. Not only was cloud revenue up by 27% year over year in its fiscal 2026 fourth quarter, but that growth came along with sales backlog growth of 84% year-over-year to $678 billion.
It also came during a period when Microsoft Azure topped $100 billion in annual recurring revenue. All of these details create the narrative of a growing business, and for investors considering buying now, Microsoft's forward P/E ratio of 25 is the icing on the cake.
Image source: Getty Images.
High cloud revenue visibility makes future growth more predictable Microsoft has been consistently delivering double-digit percentage revenue growth rates for many years. It has grown its top line at a compound annual rate of 14.6% over the past decade, and that compound annual growth rate (CAGR) accelerated to 16.1% over the past three years.
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Artificial intelligence tailwinds that have boosted the demand for enterprise cloud solutions are the major catalysts. Microsoft Cloud made up roughly two-thirds of total revenue. This segment is also growing faster than most of Microsoft's businesses, so its continued success should lift total revenue and net income growth rates.
Microsoft Cloud revenue also came to 8.7% of its commercial remaining performance obligations. The backlog is growing at a faster rate than realized revenue. Eventually, all of that backlog will be realized as sales, which makes the stock's forward P/E ratio of 25 quite compelling.
AI-fueled cloud growth is a multiyear trend The shift isn't just happening at Microsoft. Amazon's (AMZN +0.02%) cloud platform saw its highest revenue growth rate in more than four years, while Alphabet (GOOG +0.53%) (GOOGL +0.63%) reported 82% year-over-year growth in Google Cloud revenue in the second quarter.
Cloud computing is becoming more important because it is the digital backbone of so many AI platforms and services. Grand View Research projects a 30.6% CAGR for the artificial intelligence industry through 2033, and all of that growth will require more complex cloud computing plans and storage. It's one of the main reasons why hyperscalers are scrambling to accumulate as much compute capacity as possible. They'll need more infrastructure to keep up with demand.
Although Microsoft has made many of its early investors wealthy, the stock has largely missed out on AI-driven momentum in 2026. It's only up by roughly 3% this year despite revenue and net income growth rates comfortably exceeding that return. These types of mismatches do not last forever, and a low valuation combined with strong fundamentals may serve as an open invitation for patient investors.
Marc Guberti has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, and Microsoft. The Motley Fool has a disclosure policy.
AMD ve 2. čtvrtletí zvýšila tržby datového centra o 107 % na 6,72 miliardy USD a získala další podíl na trhu x86 serverů. Zároveň oznámila zakázky na až dvě gigawatty GPU řady MI450 v rámci Helios od Anthropic a Microsoftu, přičemž první gigawatt má začít v 1. polovině roku 2027.
AMD and Intel both posted blockbuster data center quarters, but one company is bleeding billions from its own factories while the other signs gigawatt GPU deals with Anthropic and Microsoft. The gap between their margin stories reveals which x86 giant…
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Advanced Micro Devices (NASDAQ: AMD | AMD Price Prediction) and Intel (NASDAQ: INTC) both reported second-quarter results that show a widening gap in the data center. AMD posted 107% year-over-year Data Center growth, while Intel notched its strongest revenue growth in more than fifteen years. The story underneath the numbers is a real x86 share shift.
EPYC Keeps Winning Sockets. Xeon Keeps Playing Catch-Up. AMD’s quarter was carried by servers and accelerators. Data Center revenue hit $6.72 billion, or 58% of total revenue, up from 42% a year ago. Lisa Su told investors AMD delivered its fifth consecutive quarter of record server CPU revenue and “gained x86 server revenue share year-over-year.” Cloud and enterprise EPYC sales each grew more than 70% year-over-year, with more than 230 5th Gen EPYC platforms now shipping from HPE, Dell, Lenovo, and Supermicro.
Intel’s DCAI segment was healthy too, at $6.26 billion, up 59%. But CEO Lip-Bu Tan admitted “some area we are still behind,” pointing to future parts like Coral Rapid to close the gap. Capacity, rather than demand, is Intel’s ceiling right now.
Fabless Flexibility vs. a $2.1 Billion Foundry Bill The margin picture tells you why AMD trades where it does. Non-GAAP gross margin came in at 56%, versus Intel’s 41.8%. Intel Foundry generated $5.77 billion in revenue but lost $2.1 billion in the quarter. A $12.53 billion non-cash CHIPS Act escrow charge pushed Intel to a GAAP loss of $11.03 billion.
Lens AMD Intel Core Bet Instinct GPUs + EPYC servers Xeon 6 + Intel 18A foundry Q2 Revenue $11.54B $16.13B Key Vulnerability Gaming -31% Foundry losses, capex AMD Locks In the #2 AI Accelerator Slot With Marquee Wins AMD is clearly the second name in AI silicon, and the customer list is getting harder to ignore. Anthropic committed to up to two gigawatts of MI450 series GPUs in Helios, with the first gigawatt starting in the first half of 2027. Microsoft will deploy Helios “at scale on Azure”. Su claims Helios delivers “up to 30% more tokens per dollar than the competition.” Every gigawatt of accelerators also needs power, cooling, and networking behind it, which is why we pulled seven non-chipmaker suppliers into a free AI infrastructure report. AMD guided Q3 revenue to roughly $13 billion, or about 41% growth.
What I Am Watching Into 2027 Intel’s ramp on 18A and 14A matters. Tan says 14A risk production for internal products in the second half of 2027. If that slips, AMD’s runway widens. I will keep an eye on whether AMD’s server revenue grows “more than 80% year-over-year in the second half of 2026” as guided.
Why I Lean AMD With Eyes Open to Intel’s Upside Personally, AMD is the cleaner story for me right now. The share gain in x86 servers is real, the Instinct roadmap has anchor customers writing gigawatt checks, and margins do not carry a foundry albatross. That said, AMD is up 181.58% over the past year, and Intel is up 271.95% as the turnaround narrative takes hold. If you believe Tan can fix the foundry, Intel has more asymmetric upside. If you want the operator executing today, AMD is quietly walking off with Intel’s lunch tray.
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Hyperliquid po spuštění bez oprávnění pro HIP-4 téměř ztrojnásobil objem obchodů. Denní objem vyskočil na 1,97 milionu dolarů a počet aktivních traderů vzrostl z 1 256 na 1 841.
Hyperliquid Research Collective (HRC) released a report noting that after Hyperliquid opened third-party permissionless deployment for its HIP-4 prediction market layer on August 29, the platform’s trading volume grew rapidly. The average daily trading volume of HIP-4 in the first 28 days of August was around $545,000; following the deployment opening, single-day volume hit $1.97 million on August 31, with a 24-hour trading volume reaching $2.75 million, and the number of active traders rose from 1,256 to 1,841. The report points out that prediction market project Outcome has been the main beneficiary, currently accounting for nearly 85% of HIP-4’s total trading volume, and its $1 million trading incentive program further boosted liquidity growth. HRC attributes Hyperliquid’s core advantage to its unified account system: prediction markets can share the same account environment as perpetual contracts and HIP-3 assets, allowing users to hedge perpetual positions via prediction market contracts—an experience not currently offered by platforms like Kalshi and Polymarket. Sports prediction markets may become HIP-4’s largest growth area. During the recent World Cup, HIP-4-related markets recorded a cumulative trading volume of $189.5 million, accounting for around 3% of the global World Cup prediction market trading volume. However, HRC states that HIP-4’s current main limitation is not on-chain deployment, but regulatory access. The U.S. market involves regulatory frameworks from the CFTC, SEC, and other bodies, with sports prediction markets in particular likely triggering gambling-related regulatory scrutiny. HIP-4 has proven that permissionless deployment can rapidly expand trading scale, but whether it can further grow its market share will depend on the regulatory environment, recovery of the sports market, and future governance votes.
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Fed Mouthpiece: Governor Waller shifts stance, now cautiously optimistic about holding interest rates steady
Wall Street Journal reporter Nick Timiraos, known as the "Fed’s mouthpiece", says Fed Governor Christopher Waller’s overall stance has not fundamentally changed since July, but his policy tilt has shifted: from concerns and a bias toward tightening monetary policy back then, to cautious optimism and a preference for keeping interest rates unchanged now. The final decision will depend on August’s inflation data. Waller’s reaction path for the September 15-16 policy meeting is clear: if inflation continues moving toward the 2% target, he will hold rates steady; if August’s inflation figures come in higher, he will consider a rate hike.
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Apple Inc. is facing a class-action lawsuit in London seeking up to ￡2 billion (approximately $2.7 billion) in damages. The suit was filed today at the Competition Appeal Tribunal in London, initiated by Ann Pope, a former senior official at the UK’s Competition and Markets Authority, on behalf of app developers. The core allegation is that Apple’s App Tracking Transparency (ATT) feature, launched in 2021, imposes stricter restrictions on third-party developers than on its own services, granting Apple’s in-house advertising ecosystem an unfair competitive advantage. Ann Pope stated that Apple’s policies have "caused very significant harm to businesses that rely on Apple as a gatekeeper." Since its rollout, ATT has been a longstanding focus of global regulatory scrutiny. Apple’s official stance is that the feature is designed to let users control whether apps track their activity across other companies and websites. However, plaintiffs argue there is a double standard in the rule’s implementation: third-party apps’ tracking requests require strict pop-up authorization, while Apple’s own personalized ads and services can bypass equivalent restrictions. This lawsuit is the latest legal challenge facing Apple over its ATT policy, and marks the first major private antitrust lawsuit in the UK targeting Apple’s app ecosystem rules, following regulatory reviews from the EU, the U.S., and multiple other countries.
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Multicoin Capital has now sold roughly another 10% of its HYPE position, according to blockchain intelligence platform Arkham.
The latest sale leaves the investment firm with approximately $90.5 million worth of HYPE.
This is its largest on-chain holding despite continued sales.
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Multicoin accumulated roughly 4 million HYPE during February and March, when its position reached a peak. Its current holdings stand at slightly more than one-quarter of that amount. The firm has now sold nearly 75% of its peak position.
In July, Multicoin also made a decision to make a direct investment into the Hyperliquid ecosystem.
On July 16, Multicoin invested $1.75 million in Trasia Labs, an Asia-focused perpetual futures platform built on Hyperliquid.
Multicoin was the sole investor in the seed round. This makes the deal notable given the firm’s large HYPE position.
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And in February, co-founder Kyle Samani stepped back from Multicoin after nearly a decade. He remained chairman of Forward Industries.
HYPE's continued momentum HYPE recently made a debut within Hashdex’s Nasdaq CME Crypto Index ETF (NCIQ). HYPE was added with a roughly 3.4% weighting.
This is the fund’s fifth-largest holding behind Bitcoin, Ethereum, XRP and Solana. This is the first reported inclusion of HYPE in a U.S.-listed crypto index ETF.
HYPE is now also more accessible to U.S. investors. Coinbase currently lists Hyperliquid for trading and offers HYPE-related derivatives, including cash-settled futures.
There are also some important developments on the institutional side. Grayscale’s Hyperliquid Staking ETF, HYPG, continues to make the case for HYPE around the token’s economics and Hyperliquid’s growth.
Hyperliquid připravuje HIP-3*, doplňkovou vrstvu pro povolené trhy s onchain allowlisty řízenými deployerem. Funkce je zatím na testnetu a stávající nasazení HIP-3 nemění.
Hyperliquid is preparing HIP-3*, an optional set of deployer features that will add support for permissioned markets on top of its existing HIP-3 framework through deployer-controlled onchain allowlists, co-founder Jeffrey Yan said Thursday.
The allowlists will be managed by the deployer or its sub-deployers, giving them an additional way to configure access to their markets.
HIP-3 is a Hyperliquid protocol upgrade that makes the creation of perpetual futures markets permissionless, allowing independent builders to deploy markets directly on HyperCore without approval from the core team.
Deployers control market parameters including the assets, oracles, leverage limits and fee structures, while taking responsibility for operating and settling their markets.
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HIP-3* will not change existing HIP-3 deployments. The functionality is strictly additive and will only be activated by deployers that need the additional access-control capabilities, according to Yan.
The initial HIP-3* release is currently available on testnet, where the specifications remain preliminary and could change based on feedback.
The Hyperliquid CEO said the upgrade is intended to give independent market operators more flexibility to meet requirements applicable to their individual deployments. The company will continue to provide the underlying onchain infrastructure, while deployers remain responsible for operating and managing their own markets.
The announcement comes shortly after Hyperliquid Labs reportedly discussed a potential partnership with Payward, the parent company of Kraken, that could give US traders access to selected Hyperliquid-linked perpetual futures through regulated exchange Bitnomial.
The proposed structure would allow registered Bitnomial customers to trade a subset of futures tied to crypto tokens built using Hyperliquid technology. Payward has reportedly submitted the basic proposal to the CFTC, but the arrangement would still need regulatory approval before going live.
The talks follow President Donald Trump’s recent comments that his administration was working to bring Hyperliquid into the US. The platform is currently unavailable to US users, despite becoming one of the largest venues for perpetual futures.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Nvidia se dohodla na koupi open-source AI platformy Hugging Face za 12,9 miliardy USD. Transakce má rozšířit její působení dál za hardware a posílit AI infrastrukturu.
Nvidia has officially agreed to buy open-source artificial intelligence platform Hugging Face for $12.9 billion, as the chipmaker moves beyond hardware and further up the AI stack.
With the deal, which has been expected since The Information reported on it last week, Hugging Face will "remain an open platform for the entire AI ecosystem," Nvidia CEO Jensen Huang wrote in a blog post on Thursday.
"Together, we will scale Hugging Face's platform, strengthen its infrastructure and expand access to AI for developers and institutions worldwide," Huang wrote.
Hugging Face CEO Clément Delangue told CNBC on Thursday that the company approached Huang over the summer about a deal, "and a few weeks later, here we are."
"During the summer, I think we realized that Hugging Face and open source AI in general was at the turning point, and that it needed more, more resources, more scale, more visibility," he told CNBC's Becky Quick on "Squawk Box."
Delangue said he approached first because Nvidia was "a perfect home" for his company, adding that discussions went quite fast to get a deal done.
Read more CNBC tech newsApple enters John Ternus era as AI challenges and memory crunch intensifyGoPro joins AI bonanza with pivot into data centers as shares skyrocket 40%AI data center play SB Energy, which is backed by Softbank and Nvidia, files for IPOWaymo and Zoox expand into more U.S. markets as robotaxi race heats upThe acquisition marks Nvidia's second biggest on record, following the $20 billion purchase of assets from chipmaker Groq in December. Prior to that, its largest deal was the purchase of Israeli chipmaker Mellanox for almost $7 billion in 2019.
Nvidia has become the world's most valuable company due to the insatiable demand for its graphics processing units, which have powered the generative AI boom. Hugging Face marks a big bet on a popular AI platform, as Nvidia continues to show that it's more than just a chip company.
Hugging Face was recently at the center of a hacking incident that raised concerns about the rapid evolution of powerful AI and cybersecurity tools.
Delangue, a proponent of open-source models, blamed engineering mistakes for the recent attack on Hugging Face and said his company used an Nvidia version of a Chinese open model to resolve it.
Clement told CNBC on Thursday that the breach proved the importance of open models and the need for his company to "double down" on the proliferation of open source AI.
Huang said that the open source environment can give defenders an "asymmetric advantage" over attackers.
"When I say asymmetric capability, there are way more people who are protecting than there are people who are attacking," he explained. "And so, the benefit of having the community come together with open models, so that they can collaborate all transparently with each other, gives the defenders an asymmetric advantage."
Physical Products, Global Events, and a Growing Payment NetworkPudgy Penguins used August to push further into mainstream consumer territory, rolling out new physical products, community events, and payment tools across multiple continents.
On the collectibles side, the project shipped new Schleich figurines alongside 14-inch Pengu plushies available worldwide. The Schleich partnership pairs the Pudgy Penguins IP with a figurine brand that has a 90-year crafting history, with figures such as Pax Pengu and Polly now available through the official Pudgy Penguins store and select retailers.
The Pengu World Tour also gained momentum during the month, bringing community events to cities across Asia, North America, and other regions. The tour is part of a broader effort to build offline engagement alongside the project's digital ecosystem.
Pengu Card Growth and On-Chain ExpansionThe Pengu Card, integrated with the Visa network and backed by a partnership with KAST, surpassed 35,000 users across more than 170 countries in August. The card allows $PENGU holders to spend tokens at merchants that accept Visa and supports Apple Pay and Google Pay. The user milestone underscores growing adoption of the payment product since its launch earlier this year.
On the token side, $PENGU (solana:2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv) expanded to Robinhood Chain through LayerZero. Robinhood Chain is an Ethereum Layer 2 built on the Arbitrum stack, with LayerZero serving as its cross-chain connectivity provider. The move extends $PENGU's reach into another retail-oriented blockchain environment and marks another step in the project's multi-chain strategy, which already spans Solana and Ethereum.
Taken together, August's activity reflects a project pushing across physical retail, consumer finance, and on-chain infrastructure at the same time, a combination that has become central to the Pudgy Penguins playbook.
Sources:
The Toy Book: Pudgy Penguins Expands Licensing and Collaboration Reach
Robinhood Newsroom: Robinhood Chain Launches Public Testnet
CoinMarketCap: LayerZero Surges on Robinhood Chain Partnership
Why Brent’s break above $97 is failing to lift Dollar, and why Japan, not oil, is setting today’s currency direction What’s happening: USD/JPY broke decisively through 157.99 to around 156, bringing the 155 area back into range, as Yen’s rally gathers fresh momentum from speculation that Japan’s roughly $2 trillion GPIF could raise its domestic bond allocation, on top of an already-hawkish BoJ repricing. At the same time, Brent climbed to an intraday high around $97.62, its strongest level in six weeks, as the US-Iran conflict shows signs of extending well beyond 2026.
Why it matters: Brent above $97 and a conflict that could extend into 2027 would normally form a potent Dollar-supportive combination through inflation and rates. Instead, Dollar is broadly weaker because Japan has taken control of the FX narrative. Oil is still setting global inflation risk, but today, Japan is setting currency direction.
Yen Takes Over as GPIF Speculation Adds to BoJ Repricing Yen extended its powerful rally on Thursday, sending USD/JPY decisively through 157.99 to around 156 and putting the 155 area back within reach. Latest leg appears to have received fresh fuel from speculation surrounding Japan’s roughly $2 trillion Government Pension Investment Fund. GPIF held an unusual management committee meeting on August 21, its first August meeting since 2019, and revisited discussion around its basic portfolio only five months after a March assessment concluded that a review was unnecessary.
Market interest centers on whether GPIF could eventually raise its strategic allocation to domestic assets, particularly government bonds. Domestic bonds currently carry a 25% target allocation, alongside 25% each for domestic equities, foreign bonds and foreign equities. The timing is significant because Japan’s 10-year government bond yield has climbed roughly one percentage point since March and briefly reached 3.015% this week, highest since 1996. Higher domestic yields are already changing relative attractiveness of Japanese assets, with Japanese investors reducing overseas bond exposure this year. A larger GPIF domestic allocation would reinforce that repatriation theme and potentially relieve some upward pressure on JGB yields.
That speculation is adding to a much broader Yen-positive repricing already underway. BoJ officials have become increasingly explicit about further tightening, with markets now focused not only on a possible September hike but on a faster cycle over coming year. Japan’s top currency diplomat Atsushi Mimura added another layer of caution Thursday, saying he was “neither satisfied nor reassured” by recent Yen developments and that authorities remained on “a state of heightened alert.” He declined to confirm whether officials had conducted a rate check. Traders nevertheless continue to attribute Yen strength primarily to BoJ tightening expectations rather than fresh intervention.
The 155 level is critical. USD/JPY is approaching the same territory reached after July’s record intervention campaign, which cost Japan roughly $96.5bn and included rare US participation. The 155.22 area marks July’s post-intervention low, while 155.01 provides nearby technical support. This time, however, pair is approaching those levels organically rather than through any confirmed official Yen buying.
Why the 155 Level Matters Japan’s 10-year JGB yield: briefly reached 3.015% this week, highest since 1996. July’s record intervention: cost roughly $96.5bn, included rare US participation. 155.22: July’s post-intervention low. 155.01: nearby technical support. Mimura: “neither satisfied nor reassured,” authorities on “a state of heightened alert.” July’s Intervention-Driven Move vs. Today’s Organic Approach to 155 July’s Intervention Today How USD/JPY reached this territory Record intervention, cost roughly $96.5bn, included rare US participation Approaching organically, no confirmed official Yen buying Key levels 155.22 (post-intervention low), 155.01 (support) Same levels now back within reach Attributed driver Direct official Yen buying BoJ tightening expectations and GPIF speculation Dollar Weakens Even as Oil Sends a Normally Bullish Signal Yen’s surge has become dominant force in FX, with Dollar lower against all major counterparts despite a backdrop that would normally be considerably more supportive. In Dollar index specifically, Yen’s sizeable weighting means its appreciation directly pulls index lower. More broadly, modest easing in Treasury yields has allowed Dollar weakness to spread across EUR, GBP and CHF as traders focus on Japanese policy repricing rather than extending this week’s US rates trade.
That creates today’s most counterintuitive cross-asset signal. Brent has broken above $97 to fresh six-week highs as US-Iran conflict intensifies, yet Dollar is falling. Earlier this week, higher oil transmitted relatively cleanly through inflation fears into higher Treasury yields and firmer expectations for Fed tightening. That channel has not disappeared, but it is being overshadowed in FX by Yen’s much larger independent move and the pause in US yields.
Wednesday’s softer ADP report, with private payrolls rising only 38K, contributed to that pause in further hawkish repricing, but it is not the principal driver of Thursday’s Dollar move. Initial jobless claims subsequently matched expectations at 206K, offering little additional direction. Markets still attach substantial probability to September Fed hike, leaving Friday’s NFP as decisive test. For now, more revealing question is not simply why Dollar is weaker, but why Brent above $97 has failed to make Dollar stronger. Answer lies in Japan: Yen and BoJ repricing have become larger currency-market forces today.
Oil Story Shifts From Escalation to Duration Brent meanwhile climbed to an intraday high around $97.62, extending this week’s rally and reaching its strongest level in six weeks. But narrative is beginning to shift. Earlier phases of renewed fighting were dominated by immediate questions over each US strike, Iranian retaliation and potential disruption to Strait of Hormuz. Markets are now considering a more difficult possibility: conflict and impaired regional energy flows could persist into 2027. Recent market commentary has explicitly moved toward that longer time horizon, with Capital Economics expecting restoration of Middle East energy flows to be delayed until early next year and forecasting Brent around $100 by end-2026.
That matters more for inflation than another isolated military exchange. A conflict measured in additional months rather than days would prolong pressure on shipping, inventories and refined-product markets, increasing chances that energy inflation becomes persistent enough to influence central-bank decisions. Iranian retaliation has also widened geographically, while US officials continue to signal that military pressure could intensify again even as Washington tries to limit escalation ahead of November elections. Reuters reported that administration officials see possibility of more intense attacks after midterms, underscoring absence of a clear near-term exit from a war now in its seventh month.
The closing contradiction is therefore striking. Brent above $97 and rising concern that US-Iran conflict could extend into 2027 would normally form a potent Dollar-supportive combination through inflation and rates. Instead, Dollar is broadly weaker because Japan has taken control of FX narrative. Oil is still setting global inflation risk, but today, Japan is setting currency direction.
Related Coverage Yen & Precious Metals Deep Dives Read why Silver’s rebound from 63.27 still depends on holding 62.54-62.92 to keep its five-wave recovery from 54.77 alive ahead of Friday’s NFP: Silver’s Correction Has Reached Its Line in the Sand — What Happens Next?. See why Friday’s NFP creates an asymmetric setup for USD/JPY, with weak data opening a clearer path toward 155 than strong data does above 160: USD/JPY Tumbles Under the Shadow of Intervention, Faces Asymmetric NFP Test. US Data Deep Dive Read why jobless claims matching expectations at 206K still leaves Friday’s NFP as the clearer labor-market signal: US Initial Jobless Claims Rise from 204K to 206K. Global Inflation Deep Dives See why Eurozone PPI’s swing to +1.6% m/m was driven largely by a 5.6% jump in energy prices, with annual producer inflation accelerating to 5.8%: Eurozone PPI Surges 1.6% M/M as Energy Drives Renewed Producer Inflation (full Eurostat release). Read why Swiss CPI’s jump to 0.8% was driven mostly by energy and imported prices, with core inflation holding at 0.4%: Swiss CPI Jumps to 0.8%, but Energy Drives Much of Inflation Surprise. Global PMI Round-Up See why UK services hitting a four-month high still came with employment falling for a 23rd straight month: UK PMI Services Hits Four-Month High as Cost Pressures Reaccelerate. Read why Eurozone’s composite PMI holding at an eight-month high alongside stalled disinflation is strengthening the case for ECB tightening: Eurozone PMI Composite Holds Firm as Sticky Prices Strengthen ECB Tightening Case. See why Japan’s record composite selling-price inflation is adding to the case for another BoJ hike even as growth accelerates: Japan PMI Growth Accelerates as Record Selling Prices Strengthen BoJ Hike Case. Read why Australian services confidence hit a six-month high even as fuel and wage costs kept input inflation elevated: Australia PMI Services Holds Firm at 53.2 as Confidence Rises but Costs Stay High. See why China’s services and composite PMI gains reflect stronger domestic demand and sustained hiring: China RatingDog PMIs Strengthen as Services and Employment Gain Momentum. Frequently Asked Questions Q: Why is Dollar falling even though oil just broke above $97? A: Because Yen’s much larger, independent move is overwhelming the usual oil-to-Dollar transmission channel. Higher oil normally supports Dollar through inflation fears feeding into higher Treasury yields and firmer Fed tightening expectations, and that channel hasn’t disappeared. But Yen’s sizeable weighting in the Dollar index, combined with a pause in US yields, means Japanese policy repricing is currently the bigger force in FX. The real question today isn’t why Dollar is weaker, it’s why Brent above $97 hasn’t made it stronger, and the answer is Japan.
Q: What is GPIF and why does speculation about it matter for Yen? A: GPIF is Japan’s roughly $2 trillion Government Pension Investment Fund. It held an unusual management committee meeting on August 21, its first August meeting since 2019, revisiting its basic portfolio just five months after concluding in March that no review was needed. Markets are watching whether GPIF could raise its 25% target allocation to domestic bonds. A larger domestic allocation would reinforce the repatriation trend already underway as Japanese investors reduce overseas bond exposure, adding further support to Yen and potentially easing some upward pressure on JGB yields.
Q: How is this approach to 155 different from July’s intervention? A: July’s move to the 155 area came from a record, roughly $96.5bn intervention that included rare US participation. This time, USD/JPY is approaching the same 155.22 and 155.01 levels organically, with no confirmed official Yen buying. Traders are attributing the move to BoJ tightening expectations and GPIF speculation rather than direct intervention, even though currency diplomat Mimura says authorities remain on “a state of heightened alert.”
Key Takeaways USD/JPY broke through 157.99 to around 156: Bringing the 155 area back into range for the first time since July’s intervention. GPIF speculation is adding fresh fuel to Yen’s rally: Markets are watching whether Japan’s roughly $2 trillion pension fund raises its 25% domestic bond allocation after an unusual August 21 committee meeting. Japan’s 10-year JGB yield briefly hit 3.015% this week: The highest since 1996, up roughly one percentage point since March. Currency diplomat Mimura kept intervention rhetoric alive: Saying he’s “neither satisfied nor reassured,” though traders still attribute Yen strength to BoJ tightening expectations, not intervention. Brent climbed to a six-week high around $97.62: As the oil narrative shifts from immediate escalation questions to concern the conflict could extend into 2027. Reuters reported officials see possible intensified attacks after the US midterms: Underscoring no clear near-term exit from a conflict now in its seventh month. Dollar is broadly weaker despite a combination that would normally support it: Brent above $97 and extended conflict risk usually mean higher inflation and rates support for Dollar, but Japan has taken control of the FX narrative instead. Unlike July, today’s approach to 155 is organic: No confirmed official Yen buying, unlike July’s roughly $96.5bn intervention with rare US participation. What to Watch Next Friday’s US nonfarm payrolls report is the decisive near-term test for Dollar, following a softer ADP print and in-line jobless claims. Watch whether USD/JPY breaks below 155, further signals on GPIF’s portfolio review, and whether Brent extends toward $100 as Capital Economics and others push their Middle East normalization timelines further into 2027.
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Strive Inc. (ticker: ASST) held 23,156 BTC as of August 28, positioning it among the top five publicly traded Bitcoin holders globally. CEO Matt Cole has signaled that the company could push well past 27,000 BTC before the year closes out.
From 5,000 to 23,000 BTC in under a year In fall 2025, the company held roughly 5,000 BTC. By June 2026, that figure had crossed 20,000, vaulting Strive into the top five among public companies.
During the last week of August alone, Strive scooped up 1,800 BTC for approximately $143 million.
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The firm came into existence through a reverse merger with Asset Entities and the acquisition of Semler Scientific, a combination that gave it both a public listing and a clear mandate: accumulate Bitcoin.
The financing trick that makes it work Rather than taking on debt or diluting common shareholders through secondary offerings, the company uses its Variable Rate Series A Perpetual Preferred Stock, trading under the ticker SATA.
By June 2026, Strive had expanded SATA’s capacity by $4.2 billion. The result is a balance sheet that carries zero debt while maintaining ample reserves for preferred stock dividends.
TD Cowen raised its year-end BTC forecast for Strive to 27,156, reflecting confidence in the firm’s treasury trajectory, and analysts there have also bumped up their stock price targets accordingly.
Cole’s thesis: Bitcoin’s strongest cycle yet Matt Cole has described the current market environment as potentially Bitcoin’s strongest cycle to date, pointing to structural demand for scarce assets amid persistent inflationary pressures.
The risks are real. Bitcoin’s price could decline substantially, leaving Strive holding a depreciating asset while still owing preferred dividends.
With 23,156 BTC already on the books and a stated target that implies acquiring another 4,000 or more coins before December, Strive is making one of the largest concentrated bets on Bitcoin in corporate history.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Beacon Pointe Advisors LLC ve 2. čtvrtletí nově koupila 139 098 akcií společnosti Home Depot za zhruba 49,1 mil. USD. Home Depot zároveň oznámila čtvrtletní dividendu ve výši 2,33 USD na akcii.
Beacon Pointe Advisors LLC acquired a new stake in The Home Depot, Inc. (NYSE:HD – Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 139,098 shares of the home improvement retailer’s stock, valued at approximately $49,057,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HD. Advocate Investing Services LLC acquired a new position in Home Depot in the 4th quarter worth about $25,000. Zeit Capital LLC acquired a new position in Home Depot in the second quarter worth approximately $26,000. Parvin Asset Management LLC raised its position in Home Depot by 110.0% during the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after acquiring an additional 33 shares in the last quarter. Cache Advisors LLC bought a new stake in Home Depot in the first quarter worth approximately $27,000. Finally, Merkkuri Wealth Advisors LLC bought a new stake in Home Depot in the first quarter worth approximately $28,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.
Trending Headlines about Home Depot Here are the key news stories impacting Home Depot this week:
Positive Sentiment: Home Depot’s AI-powered Magic Apron tools are now available across U.S. stores, providing localized product search and project assistance. The technology could improve customer engagement and support the company’s professional-customer growth strategy. Home Depot Could Be 15% Undervalued On Its Pro Growth Narrative Positive Sentiment: Zacks Research modestly raised its fiscal 2027 EPS forecast for HD to $15.03 from $14.95, while analysts continue to project earnings growth through fiscal 2029. The company also recently exceeded quarterly EPS and revenue expectations, offering some fundamental support. Home Depot Faces Weak DIY Demand Positive Sentiment: A regional competitor, Earl May, reportedly plans to close roughly one-quarter of its stores. While the impact is likely limited, store closures could reduce competition in some local markets. Earl May Closing Stores Analysts Set New Price Targets HD has been the topic of several analyst reports. Jefferies Financial Group restated a “buy” rating and set a $398.00 price target on shares of Home Depot in a research note on Tuesday, August 18th. BNP Paribas Exane cut their target price on Home Depot from $348.00 to $325.00 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. Citigroup decreased their target price on Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Stifel Nicolaus lifted their target price on shares of Home Depot from $320.00 to $340.00 and gave the stock a “hold” rating in a report on Monday, August 17th. Finally, TD Cowen reissued a “buy” rating on shares of Home Depot in a research report on Monday, August 10th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $375.54. Check Out Our Latest Research Report on HD
Home Depot Price Performance Home Depot stock opened at $318.63 on Thursday. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The business has a 50 day simple moving average of $340.43 and a 200 day simple moving average of $337.03. The Home Depot, Inc. has a one year low of $289.10 and a one year high of $426.75. The company has a market capitalization of $317.89 billion, a PE ratio of 22.30, a price-to-earnings-growth ratio of 3.52 and a beta of 0.95.
Home Depot (NYSE:HD – Get Free Report) last issued its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The company had revenue of $47.86 billion during the quarter, compared to analysts’ expectations of $47.24 billion. During the same period last year, the business earned $4.68 earnings per share. The business’s revenue was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, sell-side analysts forecast that The Home Depot, Inc. will post 15 EPS for the current fiscal year.
Home Depot Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be paid a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Thursday, September 3rd. Home Depot’s dividend payout ratio is currently 65.22%.
Insiders Place Their Bets In other news, EVP Teresa Wynn Roseborough sold 2,455 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the transaction, the executive vice president directly owned 14,061 shares of the company’s stock, valued at $4,622,834.97. The trade was a 14.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michael F. Rowe sold 710 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the transaction, the executive vice president directly owned 6,838 shares in the company, valued at $2,302,764.88. The trade was a 9.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 9,154 shares of company stock valued at $3,132,798. 0.08% of the stock is currently owned by insiders.
Home Depot Company Profile (Free Report)
The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.
Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.
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Sberbank očekává, že nově legalizovaný ruský kryptotrh zpracuje v prvním roce asi 3,5 až 4 biliony rublů, tedy zhruba 46 miliard USD. Na regulovaných platformách mají být zpočátku jen Bitcoin, Ethereum a USDT.
Russia’s largest bank has issued a cautious but sizable outlook for the country’s newly legalized cryptocurrency market. Sberbank Deputy Chairman Anatoly Popov said licensed trading platforms could handle roughly 3.5 trillion to 4 trillion rubles—about $46 billion—during the first 12 months after the rules take effect on September 1.
That figure is framed as conservative: analysts at SberCIB Investment Research expect only about one-fifth of existing activity to move onto regulated venues at first.
The baseline comes from Finance Ministry figures from February, which put daily crypto transactions in Russia near 50 billion rubles, or roughly 18 trillion rubles on an annualized basis.
Most of that flow still travels through peer-to-peer channels, unregistered services, and offshore platforms.
Popov noted that a large share of deals is likely to remain outside the official exchange system even after legalization, because professional market participants have until July 1, 2027, to obtain the necessary licenses.
The market therefore will not be fully built out in year one.
The new framework lets investors buy crypto assets through licensed brokers rather than informal routes.
Retail, or non-qualified, investors face a tight annual cap of 300,000 rubles (around $3,800) through a single intermediary and must first pass a risk-awareness test.
Qualified investors can go up to 3 million rubles (about $38,000) a year. Official venues are expected to start with a narrow list of assets—Bitcoin, Ethereum, and USDT—while other tokens stay off the regulated boards for now.
Payments in crypto for goods and services inside Russia remain prohibited.Sberbank’s longer-term path assumes gradual migration toward official rails.
Regulated volume could rise to 4.75–5.25 trillion rubles by 2028 and reach about 7.5 trillion rubles, or roughly $87 billion, by 2029 as more participants complete licensing and investors grow more comfortable with the supervised system.
The bank itself has been preparing infrastructure, including plans for trading tools and a digital depository, so it can serve clients once the rules are live.
The forecast highlights a dual-track market: a visible, capped, licensed segment sitting beside a much larger informal one.
Whether the official slice grows faster than the conservative 20 percent starting share will depend on how quickly brokers and exchanges finish registration, how attractive the limited product set proves, and whether retail limits stay in place. For now, Sberbank’s numbers treat the first year as a measured opening rather than an overnight shift of the entire 18-trillion-ruble activity base.
Uphold potvrdil, že funkce „Earn on XRP“ je téměř hotová a má se týkat 1,62 miliardy XRP, které platforma drží. Firma zároveň řeší newyorskou BitLicense a podmínky oznámí v příštích týdnech.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The new "Earn on XRP" feature will affect a colossal pool of 1.62 billion tokens held on one of the largest trading platforms. Uphold Chief Product Officer Paul Underwood has officially confirmed that the long-awaited passive income tool is in the final stages of development.
The announcement was made at the XRP Vegas conference and later repeated on X. Underwood acknowledged that development had taken longer than planned but assured users: "The wait is almost over, with details coming in the next few weeks."
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The intrigue surrounding this release is purely technical. By design, the XRP Ledger (XRPL) does not support native staking in the same way as networks such as Ethereum or Solana.
To give users the opportunity to earn interest, Uphold has to implement workarounds—for example, by using DeFi lending protocols such as Exactly Protocol or wrapped tokens through its partner, Flare Network.
At my talk at XRP Vegas, I shared that Uphold is working on a way to earn on XRP. We're getting closer to launch! It has taken longer than planned - but the wait is almost over. Will be sharing more in the coming weeks.
— Paul U. (@PaulWavelength) September 2, 2026 In addition to the technical side, the exchange is also addressing legal issues. In his responses to users, Underwood confirmed that the company is currently working to obtain New York's strict BitLicense. This is a clear signal that the new Earn tool is being prepared under the strict oversight of U.S. regulators.
Why does the exchange need it? (Spoiler: to retain its XRP Army)For the platform, launching this product is a strategic move backed by enormous figures. According to its official Proof of Reserves report, the exchange currently holds around 1.62 billion XRP.
This is a colossal amount:
It represents 1.63% of all XRP in circulation worldwide.It places Uphold among the world's top three exchanges by XRP holdings, behind only South Korea's Upbit and global exchange Binance.XRP is the largest asset on the platform by market capitalization, with user holdings backed at a 1:1 ratio. You Might Also Like
Uphold has long positioned itself as the main haven for the XRP community. The exchange already offers debit cards in the U.S. with up to 6% cashback in XRP, as well as bonuses of up to 3% for recurring purchases.
The launch of a full-fledged Earn program will address the main need of long-term investors—the ability to safely monetize their holdings within a regulated platform without moving them to complex and risky third-party DeFi platforms. The company has promised to disclose the official terms and interest rates in the coming weeks.
XRP byl na prezentaci Bitwise pro zhruba 400 správců majetku nejčastěji probíraným kryptem. Zároveň 67 % dotázaných zatím nealokuje klientská portfolia do krypta.
XRP generated more questions than any other cryptocurrency during a Bitwise presentation to approximately 400 wealth managers, research analyst Ryan Rasmussen said on Sept. 2.
Summary
About 400 wealth managers attended Bitwise’s presentation, where XRP generated the most audience questions overall. 67% of surveyed participants said they did not currently allocate client portfolios to cryptocurrency investments. 60% expected crypto prices to rise by year-end, according to Bitwise analyst Ryan Rasmussen’s poll. Another 60% said they planned cryptocurrency allocations within one year, although intentions may change materially. U.S. spot XRP funds ended eleven inflow sessions with approximately $7.2 million leaving September 2. Rasmussen and Bitwise chief investment officer Matt Hougan discussed Bitcoin, Solana, Hyperliquid, stablecoins and tokenization during the event. When asked about XRP afterward, Rasmussen said it was “the most asked about throughout the presentation,” adding that there was “a lot of interest.”
The statement provides evidence of attention among attendees at one Bitwise event. It does not establish that XRP is the most popular cryptocurrency among wealth managers generally, nor does it show that participants intend to invest specifically in XRP.
XRP interest contrasts with limited crypto allocations Rasmussen’s audience poll found that 67% of participants did not currently allocate to cryptocurrency. The wording did not specify whether the question concerned personal investments, client portfolios or firm-wide allocations.
Another 60% said they expected cryptocurrency prices to be higher by the end of 2026. The same share said they planned to allocate to the asset class within the next year.
XRP was the most asked about throughout the presentation. A lot of interest.
— Ryan Rasmussen (@RasterlyRock) September 3, 2026 Those responses reflect expectations and stated intentions rather than completed investment decisions. Market conditions, compliance policies and client risk limits could affect whether the planned allocations occur.
Bitwise did not publish the participants’ firms, assets under management, geographic distribution or sampling method. The results should therefore be treated as an informal event poll rather than a representative survey of the wealth-management industry.
XRP ETF flows provide a regulated access route U.S. spot XRP exchange-traded funds recorded 11 consecutive trading sessions of net inflows through Sept. 1, attracting approximately $170 million during the period, according to SoSoValue data.
The products had accumulated roughly $1.68 billion in net inflows since launching in November 2025. However, the streak ended on Sept. 2, when the funds recorded approximately $7.2 million in combined net outflows.
One negative session does not establish a longer-term reversal. Daily ETF flows can change because of portfolio rebalancing, short-term trading and broader market conditions.
Crypto.news previously reported that XRP’s recovery increasingly depended on sustained ETF inflows and regulatory progress. At the time, cumulative inflows had already exceeded the threshold used in one external bullish forecast, although the pace of new investment remained uneven.
Institutional filings show exposure, not investor intent Goldman Sachs was the largest disclosed institutional holder of U.S. spot XRP ETFs at the end of the second quarter, according to Bloomberg Intelligence data compiled from Form 13F filings.
The bank disclosed approximately $87.4 million in XRP ETF exposure. Jane Street followed with about $16.6 million, while Millennium Management reported roughly $16.2 million.
Form 13F filings provide quarterly snapshots of certain securities held by large investment managers. They do not explain whether positions are proprietary investments, client holdings, hedges or inventory supporting market-making operations.
The filings are also backward-looking. Second-quarter reports show positions as of June 30 and do not reveal changes made afterward. They support the conclusion that regulated XRP products have attracted professional market participants, but they do not prove a directional view on XRP.
Wealth managers still face allocation barriers Wealth managers considering cryptocurrency exposure must assess volatility, custody, liquidity, suitability and regulatory requirements. Approval processes can also differ between independent advisers, broker-dealers and larger financial institutions.
Spot ETFs remove the need to manage wallets or private keys directly. They nevertheless retain exposure to movements in the underlying cryptocurrency and can experience substantial price declines.
Interest in XRP may reflect several developments, including ETF availability, Ripple’s institutional expansion and activity across the XRP Ledger. In related coverage, crypto.news reported that Ripple’s regulated financial businesses continued expanding even as XRP’s price weakened.
The next measurable development will be whether the stated allocation plans produce sustained fund inflows. Future 13F filings will also show whether large managers increased, reduced or exited their XRP ETF positions during the third quarter.
For now, Bitwise’s event indicates curiosity rather than confirmed demand. XRP dominated questions from the audience, but most participants had not yet made any cryptocurrency allocation.
