Track market-moving stories before they get noisy

Bitdeer Technologies has unveiled a $36 million manufacturing facility in Nevada, bringing production of its SEALMINER Bitcoin mining machines to the United States.

Summary

Bitdeer will invest $36 million in a Nevada factory to produce SEALMINER Bitcoin mining machines. The new Sparks facility is expected to begin commercial production by the end of 2026. Bitdeer shares jumped 14.1% as the company reported stronger U.S. manufacturing and 921 BTC mined in May. According to Bitdeer, the new plant in Sparks, Nevada, will manufacture key components for the company’s SEALMINER mining rigs, with commercial production scheduled to begin before the end of 2026. The company said the facility will strengthen its manufacturing capacity inside the United States while reducing its dependence on outside suppliers for critical mining equipment.

Shares of Bitdeer responded positively to the announcement, climbing 14.1% on Thursday to $14.33. Even after the rally, the stock remains about 27% below its June peak, although it has gained roughly 26% since the beginning of the year.

Nevada incentives support local manufacturing expansion Details released by Bitdeer show the Singapore-based company worked with Nevada Governor Joe Lombardo’s administration and local officials before selecting Sparks for the project. According to comments made by Bitdeer CEO Catherine Guo to local media, the state approved tax incentives, including reduced qualifying sales taxes, as part of the investment package supporting the facility.

Commercial production is expected to begin by year-end, allowing Bitdeer to manufacture more of its mining hardware domestically instead of relying as heavily on third-party suppliers. The company said the plant will focus specifically on Bitcoin mining equipment rather than artificial intelligence hardware.

Although the new factory centers on mining machines, Bitdeer has also expanded into AI cloud computing and high-performance computing services in recent years. According to the company, those businesses will continue separately from the Nevada manufacturing operation.

Bitcoin miners continue adding AI businesses Across the industry, publicly traded Bitcoin miners are investing beyond cryptocurrency mining as they seek additional revenue from power-intensive computing businesses.

MARA Holdings announced on Thursday that it plans to acquire a Texas site capable of supporting up to 2 gigawatts of capacity for AI and digital infrastructure projects. The company said the expansion will increase its ability to serve artificial intelligence workloads alongside its existing mining operations.

Earlier in the week, TeraWulf announced a 20-year data center lease agreement with AI startup Anthropic. According to TeraWulf, the contract could generate about $19 billion in revenue over its lifetime, highlighting the growing interest among mining companies in long-term AI infrastructure deals.

While several competitors are directing more resources toward AI data centers, Bitdeer continues expanding both its mining operations and supporting infrastructure. The Nevada facility adds manufacturing to that strategy by giving the company greater control over the production of its own mining hardware.

Separately, Bitdeer’s latest production update showed the company mined 921 Bitcoin during May. According to Bitdeer, the figure represents a 370% increase compared with the same month a year earlier, underscoring the rapid growth of its mining business as it adds new infrastructure and equipment.

The combination of higher Bitcoin production and domestic manufacturing comes as mining companies continue adjusting their business models after the latest Bitcoin halving. While many firms are pursuing AI-related contracts to diversify earnings, Bitdeer’s latest investment keeps its manufacturing expansion closely tied to its core Bitcoin mining business while increasing its presence in the United States.

Public companies went on a Bitcoin shopping spree in Q2 2026 that makes their prior accumulation look like a warm-up lap. Over the quarter, publicly traded firms collectively scooped up 110,000 BTC, a figure that’s 1.8 times the total they acquired across the previous two quarters combined.

Total corporate Bitcoin holdings now exceed 1.26 million BTC, valued at roughly $79 billion. That’s more than 6% of Bitcoin’s hard-capped 21 million supply locked up in public company balance sheets.

Corporations are outpacing the miners Year-to-date through early July 2026, public companies have added a net 166,984 BTC to their reserves. During that same stretch, Bitcoin miners produced approximately 81,153 BTC.

In English: corporations are buying more than twice the amount of new Bitcoin entering existence. When a growing number of buyers compete for a shrinking pool of available coins, the float gets squeezed.

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Who’s doing the buying No surprise at the top of the leaderboard. Strategy, the firm formerly known as MicroStrategy, remains the undisputed heavyweight champion of corporate Bitcoin accumulation. The company holds approximately 843,775 to 847,000 BTC.

Interestingly, even Strategy isn’t purely in accumulation mode anymore. The company sold 3,588 BTC in late June and early July, a tiny fraction of its total stack but notable because it represents one of the few times the firm has moved coins out the door rather than in.

Behind Strategy, two names have emerged as serious contenders. Twenty One Capital holds around 43,500 BTC, while Metaplanet has built a position of roughly 43,000 BTC.

The concentration is worth noting. Strategy alone accounts for roughly two-thirds of all publicly held corporate Bitcoin. The remaining third is spread across a growing but still relatively small cohort of companies.

What this means for investors The supply-demand imbalance is the headline risk and opportunity. With corporate buyers absorbing more than double the new supply being mined, Bitcoin’s available float is shrinking in real time.

There’s a reflexivity problem worth watching. Many of these companies fund their Bitcoin purchases by issuing equity or convertible notes. That works beautifully when Bitcoin’s price is rising and investor appetite for these instruments is strong. It works considerably less well during drawdowns, when the same companies face margin pressure and potentially need to sell into weakness. Strategy’s small sale in late June could be a one-off, or it could be a preview of what happens when even the most committed holders need liquidity.

The 6% supply concentration in public company hands also introduces a new category of systemic risk. If a major holder ever faced a forced liquidation, whether from regulatory action, a corporate restructuring, or a leveraged position gone wrong, the market impact could be severe. Bitcoin has never had this much supply held by entities subject to quarterly earnings calls and SEC filings.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

XRP price is up by 1.6% today, July 9, to trade at $1.09 at the time of writing. These gains come as SWIFT announces that it will be working with 17 banks, some of which are affiliated with Ripple, for a pilot phase for its blockchain-based ledger.

SWIFT Partners With Banks For Tokenized Cross-Border Payments SWIFT has announced that it will be working with 17 banks to check whether its blockchain can be used to facilitate payments made between countries.

Some of the banks named in this project, like Standard Chartered and UBS, use Ripple to custody crypto assets or to enable payments across countries using the XRP Ledger.

This initiative comes after Ripple Treasury joined the SWIFT Certified Partner Program in April 2026.

However, an analyst on X notes that Ripple’s partnership with SWIFT might not be bullish for the price of XRP because SWIFT will not use the XRP token on its blockchain-based ledger.

“Sorry $XRP holders, but the “bridge currency” and “liquidity” is tokenized deposits; not a L1 gas token,” the analyst said.

Still, XRP price made a slight gain of 1.5% on the news of SWIFT working with banks affiliated with Ripple.

XRP Technical Outlook as Price Remains Below Key EMA Levels The price of XRP has closed below the 20-day EMA of $1.11 for three straight days. This move suggests that the short-term trend is favoring bears.

If XRP fails to recover above this 20-day EMA, the price could drop to the psychological support of $1.

A drop to $1 could increase selling pressure that could pull the price down to the November 2024 low of $0.87.

However, buyers might come back because geopolitical tensions are easing after Trump said that Iran wants to make a deal for peace to end the conflict that began in February 2026.

This buying pressure could push the XRP price to the 50-day EMA level of $1.17.

XRP Price Chart However, the RSI reading of 43 suggests that the momentum is favoring bears and XRP could drop tp $0.87.

XRP ETFs Record Highest Outflows in Three Months Data from SoSoValue shows that spot XRP ETFs saw $7.29 million in outflows on July 8. This is the highest outflow that these ETFs have seen since March, 2026.

XRP ETF Inflows The outflows suggest that there is low demand for XRP by institutions, and this could make the price to drop to the psychological support of $1.

Data from Coinglass also suggests that the sentiment around XRP is bearish because of the declining long/short ratio. This ratio has dropped to 0.96, suggesting that there are more short positions than long positions.

XRP’s open interest has also dropped from $2.58 billion on July 5 to $2.33 billion today, July 9, suggesting that there is also weak demand coming from speculative traders, and the price could keep dropping.

Rising spot activity alongside falling leverage suggests long-term buyers may be replacing speculative traders.

Ethereum (ETH) is trading at nearly 65% below its all-time high, with attention around the asset at an almost yearly low, even as its largest network upgrade since The Merge is due within weeks.

But an analyst tracking the setup says the gap between weak social interest and steady on-chain usage is the kind of divergence that has often come right before sharp moves for the cryptocurrency.

Glamsterdam Approaches as On-Chain Data Stays Firm In a July 9 post on X, pseudonymous analyst Wise Crypto noted that the Ethereum network has been processing roughly 450,000 active addresses despite social media discussion sitting near yearly lows.

According to them, the upcoming Glamsterdam upgrade could become a major catalyst, considering that it could increase Ethereum’s gas limit by three times and cut transaction fees by about 78%. It has also been said that it could lift throughput to about 10,000 transactions per second.

“Major catalyst. Minimal attention,” the market watcher wrote, while naming $1,754 as the ETH level worth watching. A sustained move above that area, according to them, could open the way toward $2,440, while failure to hold support could send the world’s second-largest crypto asset back toward $880.

Looking at CoinGecko data at the time of writing, ETH was trading just a few dollars below Wise Crypto’s stated resistance level, having dipped slightly (about 1%) in 24 hours but still gaining nearly 7% during the past week and about 3% over 30 days.

That quiet backdrop is sitting alongside some unusual exchange data shared by CryptoQuant contributor Amr Taha, who said that Binance’s 30-day ETH open interest change fell to -594,000 ETH earlier in the week, marking its deepest contraction since August 2024. Around the same time, ETH spot volume on OKX climbed to $2.09 billion, 49% higher than its best reading of the year, which was recorded on February 5.

You may also like: ‘Summer of Ethereum Love’ Gaining Steam, Says Lubin, But When Will ETH Price Follow?  Charles Hoskinson Says Ethereum Is Adopting Cardano Ideas Without Credit Bitmine Buys Another 42K ETH as 5% Supply Goal Comes Within Reach According to Taha, the pairing is notable because a leverage flush alongside rising spot volumes probably means that speculators are leaving the market while spot buyers are continuing to stack ETH and not that there’s a broad retreat from the asset.

Executives Talk Up the Cycle While Traders Stay Cautious Ethereum has been rejected at $1,800 three times this week, but that didn’t stop Consensys co-founder Joseph Lubin from saying Wednesday that the “Summer of Ethereum Love is gaining steam,” pointing to newly launched steward groups like Ethlabs working alongside the Ethereum Foundation, and citing the network’s eleven years of uptime as a draw for institutions.

Analyst Michaël van de Poppe struck a similar tone over the weekend, arguing that “the worst period for ETH is over” after the token closed out its third straight quarterly loss of more than 20%, a first in its history. He called the odds of a fourth consecutive drop statistically low and pointed to the pending CLARITY Act as a potential liquidity driver.

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Karen Boone, a director at Rivian Automotive, Inc. (RIVN +8.70%), sold 20,000 shares of Class A Common Stock on July 6, 2026, according to an SEC Form 4 filing.

Transaction summaryMetricValueTransaction value$400,000Shares sold20,000Post-transaction shares (total)225,794Post-transaction shares (directly held)115,794Post-transaction shares (indirectly held)110,000Post-transaction value~$4.6 millionTransaction value based on SEC Form 4 weighted average sale price ($20.00); post-transaction value based on July 6, 2026 market close ($20.14).

Key questionsHow does this transaction align with the director's total equity exposure?
Boone reduced her indirect stake by 15%, which accounted for an 8% reduction in her total interest as reported in the Form 4. Following this sale, she maintains a combined position of about 226,000 shares, split between 116,000 shares held directly and 110,000 shares held through The Boone Family Trust dated August 6, 2015.What regulatory and contractual frameworks governed the timing of this sale?
The transaction was carried out under a Rule 10b5-1 trading plan adopted on November 24, 2025, providing a structured mechanism for liquidity. Notably, the sale occurred on the same date the director entered into a new 45-day lock-up agreement with Goldman Sachs & Co. LLC, utilizing an exception for existing trading plans.What is the company's current valuation and business focus?
Based in Irvine, Rivian Automotive specializes in the design and manufacturing of electric vehicles, including consumer pickup trucks and SUVs, and maintains a commercial van platform in partnership with Amazon.com. As of the July 7 market close, the company has a market capitalization of $20.9 billion, with trailing-12-month revenue of $5.5 billion and a net loss of -$3.5 billion.Company OverviewMetricValueShare Price (as of market close 2026-07-07)$16.49Market Capitalization$20.9 billionRevenue (TTM)$5.5 billionNet Income (TTM)-$3.5 billionCompany SnapshotRivian designs, engineers, and manufactures premium electric vehicles, including five-passenger electric pickup trucks and sport utility vehicles for consumers, as well as commercial electric delivery vans developed in partnership with Amazon.com.The company operates a direct-to-consumer sales model across both consumer and commercial segments, generating revenue through vehicle sales and related accessories while scaling production capacity to achieve profitability.Rivian targets affluent individual consumers seeking premium electric vehicles and commercial fleet operators, particularly Amazon, which represents a significant customer base for the company's commercial delivery platform.Rivian Automotive is a vertically integrated electric vehicle manufacturer with TTM revenues of $5.5 billion, positioning it as a significant player in the emerging premium EV segment. The company leverages strategic partnerships, particularly with Amazon, to diversify revenue streams across consumer and commercial markets while building manufacturing scale. With 14,861 employees and operations centered in Irvine, California, Rivian is executing a capital-intensive strategy to achieve profitability through volume production and operational efficiency improvements.

What this transaction means for investorsThis sale ultimately looks like a footnote in a much busier week for Rivian. The trade effectively ran on autopilot under a plan Boone adopted back in November, and at $400,000 it leaves her with roughly $4.6 million in stock. The more telling detail is the lock-up: she signed a fresh 45-day agreement with Goldman Sachs the same day, the kind of housekeeping that accompanies a capital raise, and Rivian filed a common stock offering prospectus on July 6, and three days later, the firm said it had raised an estimated $1.32 billion to help support a financing arrangement with the Department of Energy.

Her sale also landed amid some operational momentum. Second-quarter deliveries hit 12,194, well above guidance of 9,000 to 11,000, and management raised its full-year target to 65,000 to 70,000 vehicles, crediting "robust growth quarter-over-quarter in EDV and R1." The catch is that Rivian still burns cash, guiding to an adjusted EBITDA loss of up to $2.1 billion this year against $4.84 billion in cash plus $1 billion from Volkswagen.

For long-term investors, skip the sale and watch two numbers: the R2 production ramp and quarterly cash burn. The race between them decides whether today's $20.9 billion valuation ends up looking cheap or generous. The firm reports earnings on July 30.

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About the Author

Jonathan Ponciano is a contributing stock market analyst at The Motley Fool. He has nearly a decade of experience as a financial journalist, most recently as an editor and senior reporter at Forbes focused on markets, technology, and entrepreneurship. Jonathan has also written for Investopedia and the Los Angeles Business Journal. He holds a dual B.A. in Business Journalism and Economics from the University of North Carolina at Chapel Hill and an M.B.A. from Columbia Business School. A North Carolina native now based in New York City, Jonathan has also lived in Mexico City and Los Angeles.

Vistra Corp. (VST - Free Report) ended the recent trading session at $157.98, demonstrating a +2.04% change from the preceding day's closing price. This change outpaced the S&P 500's 0.81% gain on the day. Elsewhere, the Dow gained 0.27%, while the tech-heavy Nasdaq added 1.3%.

Coming into today, shares of the company had gained 11.75% in the past month. In that same time, the Utilities sector gained 3.47%, while the S&P 500 gained 1.13%.

The upcoming earnings release of Vistra Corp. will be of great interest to investors. The company's earnings report is expected on August 7, 2026. In that report, analysts expect Vistra Corp. to post earnings of $2.43 per share. This would mark year-over-year growth of 140.59%. Meanwhile, our latest consensus estimate is calling for revenue of $6.42 billion, up 50.98% from the prior-year quarter.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $9.52 per share and a revenue of $23.85 billion, signifying shifts of +80.99% and +34.45%, respectively, from the last year.

Investors should also pay attention to any latest changes in analyst estimates for Vistra Corp. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 2.38% upward. Vistra Corp. currently has a Zacks Rank of #3 (Hold).

With respect to valuation, Vistra Corp. is currently being traded at a Forward P/E ratio of 16.26. This expresses a discount compared to the average Forward P/E of 18.41 of its industry.

The Utility - Electric Power industry is part of the Utilities sector. This group has a Zacks Industry Rank of 108, putting it in the top 44% of all 250+ industries.

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

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

WD-40 (WDFC - Free Report) came out with quarterly earnings of $2.33 per share, beating the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.54 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +47.47%. A quarter ago, it was expected that this maintenance and cleaning product company would post earnings of $1.39 per share when it actually produced earnings of $1.5, delivering a surprise of +7.91%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

WD-40, which belongs to the Zacks Consumer Products - Staples industry, posted revenues of $195.12 million for the quarter ended May 2026, surpassing the Zacks Consensus Estimate by 13.57%. This compares to year-ago revenues of $156.91 million. The company has topped consensus revenue estimates two 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.

WD-40 shares have added about 25.2% since the beginning of the year versus the S&P 500's gain of 9.3%.

What's Next for WD-40?While WD-40 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 WD-40 was mixed. 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 #3 (Hold) for the stock. So, the shares are expected to perform in line with 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 $1.62 on $173.1 million in revenues for the coming quarter and $5.99 on $655 million 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, Consumer Products - Staples is currently in the bottom 19% 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.

Newell Brands (NWL - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 31.

This consumer products company is expected to post quarterly earnings of $0.19 per share in its upcoming report, which represents a year-over-year change of -20.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Newell Brands' revenues are expected to be $1.96 billion, up 1.5% from the year-ago quarter.

Manufacturing survey delivers blockbuster upside surprise RBNZ tightening cycle gains fresh credibility RBA rate expectations continue to unwind AUD/NZD technical breakdown gains momentum NZD/USD breakout shifts focus higher New Zealand may be on holiday, but the Kiwi dollar certainly wasn't on Thursday. It topped the G10 FX leaderboard after strong data reinforced the RBNZ's message from earlier this week that further rate hikes are likely.

Factory floor fires up The catalyst for the outperformance was a blockbuster BNZ PMI. The headline index surged to 59.7 in June, its highest reading since July 2021. Excluding the pandemic rebound, it was the strongest result since May 2017, underpinned by a sharp lift in new orders, production, deliveries and employment. Respondents reported stronger sales, growing order books and renewed confidence, outweighing concerns about Middle East tensions and cost-of-living pressures.

A hawkish roadmap The survey's release was timely, arriving just days after the RBNZ lifted its cash rate to 2.5%, the first increase of a new tightening cycle. Policymakers retained a hawkish bias, saying "some further reduction in monetary stimulus is likely to be required" to return inflation sustainably to the 2% target midpoint.

Speaking after the decision, RBNZ Governor Anna Breman said they were "feeling our way" as they sought to identify New Zealand's neutral cash rate, the level where it is neither stimulatory nor restrictive on economic activity. She suggested it may sit somewhere between 2.5% and 3.5%, implying 3% may be the Bank's initial destination for policy.

Mind the gap That’s important because relative rate expectations have long been one of the key macro drivers for AUD/NZD, making recent shifts in pricing on either side of the Tasman particularly important.

Source: Bloomberg

While the RBNZ has just embarked on a fresh tightening cycle, the RBA is likely much closer to the end of its own, or perhaps already there, after lifting its cash rate three times, unwinding the easing conducted in 2025. Although it has left the door open to further increases, softer domestic economic data and easing energy prices have seen markets scale back expectations for additional tightening. Just a few months ago, traders were flirting with the idea that the cash rate may need to near 5%. Today, there's only around an even chance of another 25 basis point increase to 4.60%.

Source: Tradingview

Thursday's data saw the Australia-New Zealand two-year yield spread compress by 14 basis points, the largest one-day decline since March 9. While the catalyst was New Zealand's stronger-than-expected manufacturing PMI, the broader narrowing in spreads has been driven just as much by the steady unwinding of hawkish RBA pricing over recent months.

Connecting the dots The rates relationship is evident in the correlation matrix below, with Australia-New Zealand two-year yield spreads maintaining a consistently positive correlation with AUD/NZD across the past week, month and quarter.

Source: Tradingview

Energy prices have also been somewhat influential. While both Australia and New Zealand are heavily reliant on imported petroleum, Australia is also one of the world's largest LNG exporters. It's perhaps no surprise then that AUD/NZD has also maintained a strong positive correlation with LNG prices over the past month, particularly over the past week, reflecting the terms of trade impact of fluctuations in gas prices on the Australian dollar.

AUD/NZD trendline snaps

Source: Tradingview

It's not only fundamentals that are pointing to the risk of Kiwi outperformance against the Australian dollar, with the technical picture increasingly aligning with that view. Thursday saw AUD/NZD break below its June 2025 uptrend, doing so emphatically while also slicing through the 100-day moving average, a level it had remained above since July last year.

The breakdown follows the formation of a series of lower highs and the completion of what resembles an evening star bearish reversal after the pair spent several sessions flirting with the 50-day moving average earlier this week. The question now is whether Thursday's breakdown attracts another wave of selling on Friday.

The immediate focus is the June 10 low at 1.2053. Should that give way, attention shifts to 1.2000, a level that's repeatedly acted as both support and resistance in recent months, followed by 1.1950. Below that sits the 23.6% Fibonacci retracement of the May 2025-June 2026 bull move, a level the pair also spent considerable time trading around back in March. The 200-day moving average at 1.1813, sitting just above the former breakout level at 1.1797, shapes as a more ambitious downside target.

Overhead, the broken June 2025 uptrend and 100-day moving average, located just below 1.2100, combine with horizontal resistance at 1.2115 to create an important resistance zone should buyers attempt to regain control.

Momentum indicators continue to favour the bears. RSI (14) is trending lower below 50 without yet reaching oversold territory, while MACD has crossed below its signal line and continues to diverge in negative territory, favouring selling into strength and downside breaks.

NZD/USD triangle delivers

Source: Tradingview

There are also signs the improving backdrop is beginning to spill over into NZD/USD. As noted yesterday, the pair was threatening to break higher from an ascending triangle, a move that's since played out through the European and North American sessions.

The breakout shifts the focus to 0.5774, a level that's repeatedly acted as both support and resistance this year. A sustained move above there would bring a cluster of key moving averages into view, starting with the 50-day moving average at 0.5815. While the 50-day moving average has recently crossed below the 200-day moving average, completing a death cross, that signal is being overridden by the improving fundamental backdrop and recent price action. Should that view prove misplaced and a retracement unfold, the former breakout level at 0.5724 is the first area to watch for support.

Momentum indicators point to the potential for further gains. RSI (14) continues to trend higher and has reclaimed the neutral 50 level, while MACD has completed a bullish crossover. Although it remains below zero, it's continuing to push higher, suggesting the bearish momentum that dragged NZD/USD to fresh 2026 lows in late June has dissipated and may be in the early stages of reversing, pointing to the potential for an extension of Thursday's breakout.

Amazon (AMZN - Free Report) closed at $247.04 in the latest trading session, marking a +1.4% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.81%. On the other hand, the Dow registered a gain of 0.27%, and the technology-centric Nasdaq increased by 1.3%.

Prior to today's trading, shares of the online retailer had gained 2.36% outpaced the Retail-Wholesale sector's gain of 0.24% and the S&P 500's gain of 1.13%.

Market participants will be closely following the financial results of Amazon in its upcoming release. The company is predicted to post an EPS of $1.82, indicating a 8.33% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $196.9 billion, reflecting a 17.41% rise from the equivalent quarter last year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $8.86 per share and a revenue of $826.36 billion, representing changes of +23.57% and +15.26%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for Amazon. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.39% higher within the past month. Amazon is holding a Zacks Rank of #2 (Buy) right now.

In terms of valuation, Amazon is currently trading at a Forward P/E ratio of 27.48. Its industry sports an average Forward P/E of 16.7, so one might conclude that Amazon is trading at a premium comparatively.

Investors should also note that AMZN has a PEG ratio of 1.59 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Internet - Commerce industry held an average PEG ratio of 1.04.

The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 187, putting it in the bottom 24% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Elon Musk's space transportation, satellite internet connectivity, and artificial intelligence (AI) company, Space Exploration Technologies (SPCX +2.60%), went public on June 12, and opened that trading session at $150 per share. In the days that followed, the stock soared to an all-time high of $225.64, but it has since plunged back to about $150 as investors grapple with its sky-high valuation.

SpaceX has a market capitalization of $2 trillion as I write this, and with just $19.3 billion in trailing-12-month revenue, that gives it a price-to-sales (P/S) ratio of 103. That's 16 times more expensive than the average for the tech-heavy Nasdaq-100 index. As a result, I won't be surprised if SpaceX declines from here.

If I had $10,000 to invest in one stock for my diversified portfolio, I'd definitely consider an alternative. Here's why Nvidia (NVDA 0.62%) might be a much better buy than SpaceX for the long term.

Image source: Nvidia.

Vera Rubin is in full production Nvidia supplies the world's best graphics processing units (GPUs) for data centers, and its chips are still the main providers of parallel processing power for AI training and inference workloads. The company's dominance in that niche started in 2022 with the H100 GPU, which was built on the Hopper architecture. But in the years since, Nvidia has launched its  Blackwell and Blackwell Ultra GPU architectures, the latter of which can deliver up to 50 times better performance than Hopper-based chips in certain configurations.

And the chipmaker just upped the ante again. It has ramped its newest architecture, Vera Rubin, up to full production and will begin shipping them in commercial quantities in the coming months. That new platform includes the Rubin GPU, the Vera central processing unit (CPU), copious memory, and a series of upgraded networking components, which combine to provide another big leap in AI computing performance. In fact, Nvidia says this new architecture will allow developers to train AI models with 75% fewer GPUs, while reducing inference token costs by up to 90% compared to its Blackwell processors.

Inference tokens represent the text, symbols, and images produced by an AI model in response to a query. So to simplify what the company is saying, Vera Rubin will dramatically reduce the cost of using AI software, which could fuel a surge in its adoption. It will also make AI providers like OpenAI and Anthropic more profitable, which could lead to even more demand for Nvidia's chips.

Vera Rubin is almost certain to be Nvidia's most successful product platform ever. According to CEO Jensen Huang, every frontier model company plans to adopt it at launch. That was not the case for Blackwell when it debuted.

Nvidia is on track for another record year Nvidia generated $81.6 billion in revenue during its fiscal 2027 first quarter (which ended April 26), representing year-over-year growth of 85%. Its data center business accounted for $75.2 billion of that total, and it grew at an even faster rate of 92%.

Analysts estimate that Nvidia could generate $392 billion in total revenue during its fiscal 2027, and a whopping $554 billion in its fiscal 2028. If the company continues to grow at this pace, it could be bringing in as much money as Walmart -- the world's biggest retailer -- within a few years.

Today's Change

(

-0.62

%) $

-1.27

Current Price

$

202.85

However, there are risks ahead. Concerns are mounting about the sustainability of the AI infrastructure boom, as shortages of GPUs and high-bandwidth memory have significantly driven up the cost of building data centers. AI software providers like Anthropic and Microsoft have implemented passive price increases this year in an effort to pass some of those additional costs to their customers -- who have not responded well to the moves.

The chief operating officer at Uber Technologies recently said it's becoming harder to justify AI spending, after his company burned through its entire 2026 AI budget in just four months. It appears he isn't alone, because a recent survey by UBS Group suggests 60% of businesses are now opting for cheaper AI models that use less computing power. That might be bad news for semiconductor demand going forward.

Buyers today are getting a great price for Nvidia stock While there are certainly risks ahead, I would argue that Nvidia's attractive valuation makes those risks worth accepting. The stock is trading at a price-to-earnings (P/E) ratio of 30.2, which is half its 10-year average of 61.6.

It's also cheaper than the Nasdaq-100 index, which has a P/E ratio of 35.2, suggesting the chipmaker is undervalued compared to its big-tech peers.

Looking ahead, the consensus among Wall Street analysts is that Nvidia's earnings will grow to $12.76 in its fiscal 2028, giving its stock a forward P/E ratio of just 15.4.

NVDA PE Ratio data by YCharts.

I'm not suggesting this will happen, but if Wall Street's fiscal 2028 estimate proves to be accurate, Nvidia stock would have to double over the next 18 months just to maintain its current P/E ratio, and quadruple to trade in line with its 10-year average P/E.

Of course, the picture will look very different if the AI industry starts buying fewer GPUs. However, I think Nvidia's valuation leaves quite a bit of room for error -- especially if we're comparing it to SpaceX, which is objectively extremely overvalued right now.

BlackRock (BLK - Free Report) ended the recent trading session at $1,019.68, demonstrating a +2.96% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.81%. Elsewhere, the Dow gained 0.27%, while the tech-heavy Nasdaq added 1.3%.

Shares of the investment firm witnessed a loss of 2.01% over the previous month, trailing the performance of the Finance sector with its gain of 4.07%, and the S&P 500's gain of 1.13%.

The investment community will be paying close attention to the earnings performance of BlackRock in its upcoming release. The company is slated to reveal its earnings on July 15, 2026. The company's upcoming EPS is projected at $12.54, signifying a 4.07% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $6.75 billion, indicating a 24.51% increase compared to the same quarter of the previous year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $53.46 per share and revenue of $28.08 billion. These totals would mark changes of +11.17% and +15.97%, respectively, from last year.

It's also important for investors to be aware of any recent modifications to analyst estimates for BlackRock. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.92% upward. Right now, BlackRock possesses a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that BlackRock has a Forward P/E ratio of 18.53 right now. This denotes a premium relative to the industry average Forward P/E of 11.41.

We can also see that BLK currently has a PEG ratio of 1.27. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Financial - Investment Management stocks are, on average, holding a PEG ratio of 1.03 based on yesterday's closing prices.

The Financial - Investment Management industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 181, finds itself in the bottom 27% echelons of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Summer.fi's own post-mortem confirms the attacker began laundering the $6M haul through the mixer, calling it a sign of "limited intent to return the funds voluntarily."

The attacker behind the $6 million Summer.fi exploit has begun laundering the stolen funds, moving roughly $1.35 million in DAI through Tornado Cash, the sanctioned crypto mixer, according to Summer.fi's own post-mortem of the July 6 attack.

Summer.fi, the front-end for the Lazy Summer Protocol, said the attacker "swapped a portion of the proceeds and routed them through Tornado Cash... via an intermediary wallet (0x46e0…eBa7)," adding that the move "signals limited intent to return the funds voluntarily."

Laundering TrailOnchain Lens via Odaily, reported the exploiter's wallet received 6.017 million DAI from the attack and has since moved 1.35 million DAI, swapping it for ETH on Uniswap before sending it through the same intermediary wallet into Tornado Cash. The original wallet still holds about 4.67 million DAI, while the intermediary wallet holds 50 ETH, per the report.

The exploit itself drained roughly $6.04 million from two Lazy Summer USDC vaults on Ethereum on July 6, after an attacker manipulated vault share pricing using a stale-valued token position built up over three months, Summer.fi said. The Defiant previously covered the initial exploit.

Summer.fi said its security partners, including SEAL 911, are continuing to trace the funds but that tracing "breaks down" once assets are swapped out of stablecoins and deposited into a mixer. The protocol publicly named the attacker's funder and beneficiary wallet, 0x7BF7…BDCa, "so the community and exchanges can flag associated activity."

Roughly 4.67 million DAI of the original haul remains untouched in the exploiter's primary wallet, leaving open whether further funds will move through Tornado Cash.

Most of the attention on Micron Technology (MU +4.55%) sits on high-bandwidth memory and the artificial intelligence data center boom. That story is real, but it hides a different shift in how the company sells its products -- a shift that could shape the next earnings report more than any single chip.

Micron is signing long-term supply agreements In the first week of July, Micron announced two strategic customer agreements within six days of each other. A strategic customer agreement is, in plain terms, a promise from a buyer to keep buying.

On July 1, it signed a deal with General Motors to secure a long-term supply of memory for the automaker's next vehicle platforms. On July 6, Micron announced a similar pact with Ford Motor Company.  

Image source: Getty Images.

Buried in both press releases is the detail that matters most. Each agreement is described as "one of the 16" discussed on Micron's fiscal third-quarter conference call. So the company has told investors it has a stack of these deals and has started revealing them one at a time. That drumbeat of announcements gives Micron a reason to stay in the news between now and its next report.

Why the automotive deals matter These are not glamorous AI chips. General Motors is locking in a supply of LPDRAM, NOR, and UFS NAND -- the memory that runs in-cabin screens and driver-assistance systems. Cars carry the kind of memory once reserved for phones and servers, and each model can stay in production for years, so a single win can feed orders long after the deal is signed.

What makes the deals valuable is their shape: multiyear commitments tied to Micron's $2 billion modernization of its Manassas, Virginia, fab.

Memory has long been a boom-and-bust business, priced like a commodity. Contracts that pin down volume across a car's production life turn some of that swing into something closer to a backlog. For a company investors treat as a cyclical bet, contracted demand is a quiet form of insurance on an investment.

Today's Change

(

4.55

%) $

43.22

Current Price

$

992.02

The risks investors should weigh None of these agreements discloses price or volume, so the financial impact remains unknown until it shows up in the results. Auto production can soften, and a broad memory downturn would pressure margins. The stock has climbed a long way, which raises the bar for any surprise.

The catalyst is not a number. If Micron keeps converting that list of 16 agreements into signed deals before its fiscal fourth-quarter report, I think the market gets a running preview of demand that most cyclical suppliers cannot offer. Investors who own the stock or watch it should track the number of these agreements as a real-time signal ahead of earnings.

APA (APA - Free Report) closed the most recent trading day at $33.29, moving -5.05% from the previous trading session. This move lagged the S&P 500's daily gain of 0.81%. Elsewhere, the Dow saw an upswing of 0.27%, while the tech-heavy Nasdaq appreciated by 1.3%.

The oil and natural gas producer's stock has dropped by 7.74% in the past month, falling short of the Oils-Energy sector's loss of 3.61% and the S&P 500's gain of 1.13%.

The upcoming earnings release of APA will be of great interest to investors. The company's earnings report is expected on August 5, 2026. The company is expected to report EPS of $1.83, up 110.34% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $2.5 billion, down 4.36% from the prior-year quarter.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.29 per share and revenue of $9.09 billion. These totals would mark changes of +40.32% and -1.37%, respectively, from last year.

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

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 3.86% lower within the past month. APA currently has a Zacks Rank of #3 (Hold).

In terms of valuation, APA is presently being traded at a Forward P/E ratio of 6.63. This indicates a discount in contrast to its industry's Forward P/E of 9.61.

The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 177, positioning it in the bottom 29% of all 250+ industries.

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

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

, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Hub Group, Inc. ("Hub Group" or the "Company") (NASDAQ: HUBG). 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 Hub Group and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

You have until August 28, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Hub Group 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 5, 2026, Hub Group announced that the Company's financial statements for the first three quarters of 2025 should not be relied upon due to "an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025."  The Company revealed that its reports for those quarters "were in each case materially misstated due to the aforementioned error and should no longer be relied upon" and that "the Company [wa]s also continuing to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting and appropriate remediation steps." The Company also estimated that "[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million."  As such, Hub Group stated that it "plans to restate its financial statements for the first, second and third quarters of 2025."

On this news, Hub Group's stock price fell $9.37 per share, or 18.25%, to close at $41.96 per share on February 6, 2026. 

Then, on May 12, 2026, Hub Group announced that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," causing its 2023 and 2024 annual reports filed with the SEC to be "materially misstated," such that they "should no longer be relied upon."  The Company did not quantify the expected misstatement, although it "expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023."  

On this news, Hub Group's stock price fell $5.24 per share, or 12.52%, to close at $36.62 per share on May 12, 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. 

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

SOURCE Pomerantz LLP

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $100.1 billion as of June 30, 2026, an increase of $644 million from assets under management of $99.5 billion at May 31, 2026. The increase was due to market appreciation of $611 million and net inflows of $495 million, partially offset by distributions of $462 million.

 Assets Under Management

(unaudited)

($ in millions)

AUM

  Net

Market

 AUM

By investment vehicle:

5/31/2026

 Flows

App/(Dep)

Distributions

 6/30/2026

Institutional Accounts:

  Advisory

$22,698

$36

$171

-

$22,905

  Subadvisory

15,712

(236)

194

(52)

15,618

Total Institutional Accounts

38,410

(200)

365

(52)

38,523

Open-end Funds

48,456

695

196

(354)

48,993

Closed-end Funds

12,589

-

50

(56)

12,583

Total AUM

$99,455

$495

$611

($462)

$100,099

About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.

SOURCE Cohen & Steers, Inc.

, /PRNewswire/ -- Sempra (NYSE: SRE) today announced leadership appointments that mark another strategic milestone in advancing the company's mission to build America's leading utility growth business while bolstering leadership continuity and talent development.

The appointments follow the company's September 2025 announcement of its agreement to sell a 45% equity interest in Sempra Infrastructure Partners (Sempra Infrastructure), one of North America's leading energy infrastructure platforms, to affiliates of KKR. The company continues to expect the transaction to close in the third quarter of 2026, and Bob Patel was recently announced as the incoming chief executive officer of Sempra Infrastructure, effective upon close.

Advancing Utility Growth Strategy with New Leadership Appointments
With the closing of the referenced transaction, Karen Sedgwick, currently executive vice president and chief financial officer of Sempra, will become chief executive officer and president of the Southern California Gas Company (SoCalGas), bringing over 30 years of experience at the Sempra family of companies, including an established leadership background in utility practice and procedure, external and regulatory affairs, operations and safety, to lead the nation's largest gas distribution utility. In addition, she will continue to serve on the board of directors of SoCalGas.

Concurrently, Justin Bird, executive vice president of Sempra and chief executive officer of Sempra Infrastructure, will become executive vice president and chief financial officer of Sempra. Combined with his track record of value creation in the capital markets at the helm of Sempra Infrastructure, Bird has a strong, multi-disciplinary foundation for a successful transition into the CFO role. With more than 20 years of experience at Sempra, Bird has held leadership roles in treasury, financial planning, corporate development and legal, including five years of prior experience in commercial and project finance. In addition to his current oversight of Sempra's corporate development program, Bird will also lead the company's investor relations, treasury, financial planning, audit, insurance and tax functions. He will continue to serve on the boards of directors of Sempra Infrastructure and Oncor Electric Delivery Company LLC.

The referenced leadership changes will become effective on or around the closing of the transaction, expected in the third quarter of 2026, subject to necessary regulatory and other approvals and closing conditions.

"This is an exciting time for our company as we continue to advance the growth of our utility businesses. These appointments further our mission alignment and strengthen our ability to deliver long-term value for our stakeholders," said Jeffrey W. Martin, chairman and chief executive officer of Sempra. "Our board has great confidence in both Karen and Justin and the leadership they will bring to their new roles. Karen is a proven leader who has touched all aspects of our California utilities over the last three decades and I am excited to see her take on the role of leading America's largest natural gas distribution utility. I am also excited to partner with Justin as he broadens the scope of his financial and strategic responsibilities and extends his positive impact across the enterprise."

Sempra's focus on developing and rotating leaders at all levels of the company has helped cultivate a mission-driven culture centered on the recognition that human capital is the most important corporate resource, as demonstrated by its recent inclusion on The Wall Street Journal's inaugural "Best Companies for the Future" list, where the company ranked among the top companies in America for leadership and talent readiness.

Strengthening Financial Position and Funding Growth
The pending transaction plays a central role in advancing Sempra's strategic priorities by generating substantial cash proceeds and supporting disciplined capital allocation to concentrate the company's investment strategy in regulated U.S. utility operations in Texas and California. Before adjustments, the $10 billion transaction announced in September 2025 implies an equity value of approximately $22.2 billion for Sempra Infrastructure.1

Upon closing, affiliates of KKR will hold a 65% equity stake in Sempra Infrastructure, while Sempra will retain a 25% interest alongside an affiliate of Abu Dhabi Investment Authority's existing 10% stake. The impact of the transaction, together with other elements of the company's simplified business strategy, are expected to result in approximately 95% of Sempra's earnings coming from regulated U.S. utilities in 2027, while also supporting the company's goal of having more than 60% of its rate base located in Texas through the end of the decade.2 These impacts also are expected to eliminate the need for common equity issuances in the company's 2026-2030 base capital plan3 and support execution of the company's 2026 value creation initiatives, including efficiently sourcing capital for growth and deconsolidating Sempra Infrastructure's debt from Sempra's consolidated financials.

About Sempra
Sempra's mission is to build America's leading utility growth business. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving energy resilience in California and Texas, the two largest economies in the U.S. The company is recognized as a leader in responsible business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in The Wall Street Journal's Management Top 250 and Fortune's World's Most Admired Companies. More information about Sempra is available at sempra.com and on social media @sempra.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations.

Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: California wildfires, including potential liability for damages regardless of fault and any inability to recover all or a substantial portion of costs from insurance, the wildfire fund established by California Assembly Bill 1054 and the wildfire fund continuation account established by California Senate Bill 254, rates from customers or a combination thereof; decisions, disallowances or denials of cost recovery, audits, investigations, inquiries, ordered studies, regulations, legislative actions, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) Comisión Nacional de Energía, California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, U.S. Internal Revenue Service, Public Utility Commission of Texas and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures, and other significant transactions such as the planned sale of a portion of our equity interest in Sempra Infrastructure Partners, including risks related to, as applicable, (i) being able to reach a positive final investment decision, (ii) negotiating pricing and other terms in definitive contracts, (iii) completing construction projects or other transactions on schedule and budget, (iv) realizing anticipated benefits from any of these efforts if completed, (v) obtaining regulatory and other approvals and (vi) third parties honoring their contracts and commitments, including with respect to closing or post-closing payments; changes to our capital expenditure plans and their potential impact on rate base or other growth; changes, due to evolving economic, political and other factors and increasing geopolitical instability as a result of wars or other conflicts in various parts of the world, to (i) trade and other foreign policy, including the imposition of tariffs by the U.S. and foreign countries (and uncertainty related to the implementation and enforceability thereof), and (ii) laws and regulations, including those related to tax and the energy industry in the U.S. and Mexico; litigation, arbitration, property disputes and other proceedings; cybersecurity threats, including by nation-state actors, of ransomware or other attacks on our systems, the energy grid or our other infrastructure, or the systems of third parties with which we conduct business; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, which can be affected by, among other things, (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, and (iii) fluctuating interest rates and inflation; the impact of efforts to increase affordability of U.S. utility customer rates on our ability to obtain cost recovery from applicable regulators, our capital expenditure and other growth plans and our ability to advance statewide policies; the impact on affordability of customer rates, cost of capital and operating margin due to (i) volatility in inflation, interest rates, commodity prices, tariff rates, and foreign currency exchange rates and (ii) with respect to San Diego Gas & Electric Company's (SDG&E) and Southern California Gas Company's (SoCalGas) businesses, the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power, natural gas and natural gas storage and transportation capacity, including disruptions caused by failures in the transmission grid or pipeline and storage systems or limitations on the injection and withdrawal of natural gas from storage facilities; Oncor Electric Delivery Company LLC's (Oncor) ability to reduce or eliminate its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; and other uncertainties, some of which are difficult to predict and beyond our control. 

These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.

Sempra Infrastructure Partners and its subsidiaries, and the Sempra Texas utilities (Oncor and Sharyland Utilities) are not the same companies as the Sempra California utilities, SDG&E or SoCalGas, nor are they regulated by the California Public Utilities Commission (CPUC).

1 Implied valuation is based on proceeds before KKR fee reimbursement of $338M, development credits of $340M and other closing and post-closing adjustments.

2 Reflects Sempra's proportionate share of its utilities' combined projected 2030 rate base, based on Sempra's ownership interest in each utility.

3 Capital plan assumes $0.6B of shares issued via direct stock purchase plan (DRIP) and 401(k) plans, which is a projection based on historical issuances under these plans. Capital plan also assumes share issuances under existing forward contracts in Sempra's at-the-market offering program that are expected to settle within the plan period.

SOURCE Sempra

ABU DHABI, July 09, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) is among the first international remittance companies to secure a Stored Value Facilities (SVF) license with Exchange Business Category IV from the Central Bank of the UAE, a major milestone in one of the world's largest remittance markets. This authorization further extends Remitly’s regulated global footprint and our service to customers across more than 175 countries, strengthening our position for long term growth in the region. The license follows a rigorous review process with the CBUAE and reflects the formal recognition of Remitly's commitment to the UAE and its customers. With the license secured, Remitly will be able to bring new products, purpose-built to serve UAE customers.

The UAE moves an estimated $50 billion across borders every year. Currently people in the UAE can transfer money via Remitly across more than 175 countries, with upfront fees and exchange rates, high transfer limits, and the speed and reliability that has earned the trust of 9.6 million quarterly users worldwide, who moved over $80 billion in send volume over the last twelve months. With CBUAE authorization in place, Remitly can now build and introduce new products designed to strengthen customers' financial lives across countries.

"The UAE is one of the most important remittance regions in the world, and receiving our CBUAE license is a defining moment for Remitly”, said Davis Dominic Parakal, UAE CEO at Remitly. “We are grateful for the rigorous engagement with CBUAE throughout this process and are proud to operate to the high bar it has set for the industry. We are here to build something valuable for the diverse communities across the UAE."

This authorization arrives as the UAE accelerates its position as a global fintech leader. The CBUAE's dedicated digital remittance license category is designed specifically for globally minded operators committed to investing in the region for the long term. Remitly's presence here directly supports the UAE's 'We the UAE 2031' vision, which places fintech and digital financial services at the heart of the country's ambition to double the contribution of its digital economy to GDP.

The UAE license is the latest chapter in Remitly's global drive to expand access to fast, fair, and transparent financial services for the millions of people worldwide who have historically been underserved.

About Remitly: Remitly is a trusted provider of financial services that transcend borders. With a footprint spanning more than 175 countries, Remitly has built one of the world’s leading global money movement platforms, trusted by millions of customers. Remitly continues to evolve beyond a remittance company into a diversified, cross-border financial services provider, serving both consumers and businesses across a growing set of use cases.

Contacts

Media Inquiries:
[email protected]

Investor Relations:
[email protected]

-

IRVING, Texas--(BUSINESS WIRE)--Darling Ingredients Inc. (NYSE: DAR) announced today that it will host a conference call on Thursday, July 30, 2026, at 9 a.m. Eastern Time (8 a.m. Central Time) to discuss second quarter 2026 financial results, which will be released earlier that day, and provide an update on company operations. A presentation with accompanying supplemental financial data will also be available at darlingii.com/investors.

To access the call as a listener, please register for the audio-only webcast.

To join the call as a participant to ask a question, please register in advance to receive a confirmation email with the dial-in number and PIN for immediate access on July 30 or call 833-461-5787 (United States) or 626-884-3620 (international) using access code 745365725.

A replay of the call will be available online via the webcast registration link two hours after the call ends. A transcript will be posted at darlingii.com/investors within 24 hours.

About Darling Ingredients

A pioneer in circularity, Darling Ingredients Inc. (NYSE: DAR) takes material from the animal agriculture and food industries, and transforms them into valuable ingredients that nourish people, feed animals and crops, and fuel the world with renewable energy. The company operates over 260 facilities in more than 15 countries and processes about 15% of the world’s animal agricultural by-products, produces about 30% of the world’s collagen (both gelatin and hydrolyzed collagen), and is one of the largest producers of renewable energy. To learn more, visit darlingii.com. Follow us on LinkedIn.

More News From Darling Ingredients Inc.

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July 09, 2026 16:05 ET  | Source: Varonis Systems, Inc.

MIAMI, July 09, 2026 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the data and AI security leader, announced that it will report its second quarter 2026 financial results following the close of the U.S. financial markets Tuesday, July 28, 2026.

In conjunction with this announcement, Varonis will host a conference call Tuesday, July 28, 2026, at 4:30 p.m. ET to discuss the company's financial results.

To access this call, dial 877-425-9470 (domestic) or 201-389-0878 (international). The conference ID number is 13761605. A replay of this conference call will be available through August 11, 2026, at 844-512-2921 (domestic) or 412-317-6671 (international). The replay passcode is 13761605.

A live webcast of this conference call will be available on the “Investor Relations” page of the company's website (https://ir.varonis.com), and the replay will be archived on the website for one year.

Additional Resources

For more information on Varonis’ solution portfolio, please visit www.varonis.com.Visit our blog, and join us on LinkedIn and YouTube. About Varonis

Varonis (Nasdaq: VRNS) secures AI and the data that powers it. The Varonis platform gives organizations automated visibility and control over their critical data wherever it lives and helps ensure safe and trustworthy AI from code to runtime. Backed by 24x7x365 managed detection and response, Varonis gives thousands of organizations worldwide the confidence to adopt AI, reduce data exposure, and stop AI-powered threats.

Investor Relations Contact:
Tim Perz
Varonis Systems, Inc.
646-640-2112
[email protected]

News Media Contact: 
Rachel Hunt
Varonis Systems, Inc.
877-292-8767 (ext. 1598)
[email protected]

Table of contents

Public markets rarely get a direct window into a company’s crypto conviction. Eightco Holdings (NASDAQ: ORBS) just pried that window open. The firm’s July 8 snapshot shows total holdings of roughly $397 million, a figure built from an unusual mix of AI equity stakes and liquid crypto assets. The treasury includes an indirect $90 million position in OpenAI, $18 million in Beast Industries, 16,278 ETH, and 283 million WLD tokens—valued at $149 million at the time of disclosure.

For a Nasdaq-listed entity, the composition reads less like a traditional balance-sheet hedge and more like a concentrated bet on AI infrastructure and on-chain identity. The Ethereum stack alone is large enough to place Eightco among the more exposed public-company ETH holders, even if it still trails dedicated crypto treasury companies by a wide margin. Meanwhile, the Worldcoin (WLD) position dwarfs many crypto-native funds’ allocations to the token and directly ties the company’s fortunes to the adoption curve of the World Network.

What the Treasury Actually Holds The numbers matter because they’re unusually granular. Most corporate disclosures round crypto exposure into a catch‑all “digital assets” line. Eightco separated equity from tokens and named the projects. That level of detail is uncommon and forces the market to price not just crypto volatility but also private AI valuation risk. The $90 million indirect OpenAI stake raises immediate questions about how that valuation was derived—secondary market pricing for OpenAI equity has been choppy, and liquidity is thin. Beast Industries, a smaller position at $18 million, adds another layer of exposure to the AI hardware and robotics sector.

On the crypto side, 16,278 ETH represents roughly $36 million at current prices, assuming a ballpark $2,200 per ether. The bulk of the reported value, however, sits in 283 million WLD tokens. WLD’s fully diluted valuation and trading volumes have swung dramatically over the past year as the project rolled out biometric verification hubs across emerging markets. Holding that many tokens—likely acquired through grant agreements, market purchases, or strategic allocations—creates a direct link between Eightco’s balance sheet and World Network user growth numbers.

A Corporate Treasury Without the Usual Guardrails Public companies that hold crypto typically stick to bitcoin or ether, often citing their liquidity and regulatory clarity. Eightco’s decision to allocate heavily to WLD sits outside that playbook and reflects a different thesis. Instead of treating crypto as a store of value or inflation hedge, the treasury appears structured around ecosystem participation—staking, governance, or alignment with a protocol’s long-term infrastructure play. The Ethereum position and the Worldcoin exposure both point toward a conviction that identity protocols and AI-native distribution rails will accrue value faster than general-purpose smart contract platforms alone.

That approach aligns with a broader shift in institutional thinking tracked by recent tokenization and treasury moves. As real-world asset tokenization crosses $20 billion on-chain and traditional finance firms settle Treasury trades directly on public ledgers, the line between equity holdings and token allocation blurs. Eightco’s structure may look aggressive now, but it’s increasingly part of a pattern where a balance sheet becomes a portfolio of protocol positions.

What Stays Unanswered The press release leaves several holes. There is no disclosed cost basis for the ETH or WLD, making it impossible to judge whether the treasury is deep in profit or exposure is concentrated near entry. The indirect OpenAI stake is not explained—whether through a special-purpose vehicle, secondary purchases, or a fund commitment. Liquidity for that position is unknown, and so is any lockup or redemption schedule.

For WLD, the lack of detail on how tokens were sourced matters. If they came from early grants tied to network contributions, selling restrictions could limit balance-sheet flexibility. If they were purchased on secondary markets, volatility cushions are thinner. Regulatory risk also hovers over Worldcoin in multiple jurisdictions where biometric data collection by a private network continues to attract scrutiny from data protection authorities. A sudden enforcement action would not only hit the token price but could reshape the company’s entire book value overnight.

The disclosure arrives during a week when Ethereum itself sat near the top of developer activity rankings, reinforcing the idea that infrastructure value and treasury allocations are becoming harder to separate. For Eightco, the market now has a clear view of a $397 million wager that mixes two of the most volatile and politically sensitive corners of tech into a single public-company filing. The numbers are big enough that every subsequent quarterly update will be watched for changes in token balances and valuation marks.

AUTHOR

Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.

Computer motherboard and chip appear in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

CompaniesNEW YORK, July 9 (Reuters) - CCC Intelligent Solutions (CCC.O), opens new tab is exploring a sale of the company, ​according to three people familiar with the ‌matter.

The Chicago-based company, which provides software and AI-powered workflow tools, has hired Morgan Stanley (MS.N), opens new tab to advise on ​a sale process and has reached out ​to prospective buyers, including private equity firms, ⁠the sources said.

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CCC and Morgan Stanley did not ​immediately respond to Reuters' requests for comment.

CCC provides ​software used by auto insurers, collision repair shops, automakers and parts suppliers to manage accident claims, vehicle repairs ​and related workflows. The company says its ​platform connects more than 35,000 businesses across the property-and-casualty insurance ‌ecosystem.

The ⁠company's market value has fallen to roughly $3.3 billion from about $6.4 billion a year ago as investors grew concerned about slowing growth, weaker industry ​claims volumes and ​slower-than-expected ⁠adoption of some of its newer software products. The company's shares have ​declined about 44% over the past ​12 months.

CCC ⁠has explored a sale before. Reuters reported in 2022 that the company was considering strategic options including ⁠a ​potential sale after attracting ​takeover interest, though no transaction materialized.

Reporting by Milana Vinn in New ​York; editing by Colin Barr and Nia Williams

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

Milana Vinn reports on technology, media, and telecom (TMT) mergers and acquisitions. Her content usually appears in the markets and deals sections of the website. Milana previously worked at GLG and PE Hub, where she spent several years covering TMT deals in private equity. She graduated from CUNY Graduate School of Journalism with Masters in Business Journalism.

PANAMA CITY, July 09, 2026 (GLOBE NEWSWIRE) -- Tilray Medical, a division of Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY) and a leading global medical cannabis company, today announced the commercial launch of its first medical cannabis product in Panama, marking a significant milestone in the company’s ongoing global expansion and commitment to improving patient access to pharmaceutical-grade cannabinoid medicines worldwide.

The launch follows the successful shipment of Tilray Oral Solution CBD100 from Tilray Medical’s EU-GMP-certified production facilities in Portugal through its joint venture with Solana Life Group S. de R.L. The product is intended to be distributed through Farmacias Arrocha, one of Panama’s leading pharmacy networks, where patients will be able to access Tilray Oral Solution CBD 100 under medical prescription. This is expected to provide patients and healthcare professionals with access to regulated, pharmaceutical-quality medical cannabis through established healthcare channels.

The milestone reinforces Tilray Medical’s position as one of the most geographically diversified medical cannabis companies globally. Today, Tilray Medical serves patients across more than 20 countries spanning Europe, Australia, Canada, Latin America, and other emerging international markets, helping advance access to safe, high-quality cannabinoid-based medicines through regulated healthcare systems.

Rajnish Ohri, President, International, Tilray Brands, stated, “At Tilray Medical, we believe every patient deserves access to safe, consistent, pharmaceutical-grade medical cannabis products. Our commercial launch in Panama reflects our broader vision to expand access to cannabinoid-based medicines through trusted healthcare systems around the world. As medical cannabis frameworks continue to advance, we are committed to working alongside healthcare providers, regulators, pharmacists, and patients to help shape the future of responsible access, advance medical education, and deliver high-quality treatment options that improve lives.”

The launch supports Panama’s emerging medical cannabis framework established under Law 242 of 2021 and follows important regulatory advancements by the Ministry of Health, including Resolution No. 0406 of May 12, 2026, which established key requirements for patient access. The Ministry also recently introduced the Medical Cannabis Users and Authorized Caregivers Identification System (SIUCMAA), creating a structured pathway for physician authorization and patient registration.

Manufactured in Portugal in accordance with rigorous European Union Good Manufacturing Practice (EU-GMP) standards, Tilray Oral Solution CBD100 is intended for use, where authorized, in patients with qualifying medical conditions authorized under Panamanian legislation. The product reflects Tilray Medical’s longstanding commitment to pharmaceutical quality, product consistency, patient safety, and regulatory compliance.

Tilray Medical’s advanced cultivation and manufacturing facilities in Portugal serve as a strategic global export hub, supplying EU-GMP-certified medical cannabis products to regulated markets around the world. The platform enables Tilray Medical to efficiently support growing international demand while maintaining the highest pharmaceutical manufacturing standards across its global operations.

The Panama launch represents another step in Tilray Medical’s broader strategy to expand access across Latin America, an emerging medical cannabis region. As governments across the region continue to establish regulatory pathways for cannabinoid-based medicines, Tilray Medical is well-positioned to support healthcare systems with trusted products, scientific expertise, and a proven track record of operating in highly regulated international markets.

As global acceptance of medical cannabis continues to accelerate, Tilray Medical remains focused on advancing patient care, supporting clinical education, investing in research, and expanding access to high-quality medical cannabis products that help address unmet patient needs worldwide.

For further information, please visit: www.Solana.pa

About Tilray Medical 
Tilray Medical is dedicated to transforming lives and fostering dignity for patients in need through safe and reliable access to a global portfolio of medical cannabis brands, including Tilray Medical, Good Supply, Redecan, ARX, and Broken Coast. Tilray grew from being one of the first companies to become an approved licensed producer of medical cannabis in Canada to building the first GMP-certified cannabis production facilities in Europe, first in Portugal and later in Germany. Today, Tilray Medical is one of the largest suppliers of medical cannabis to patients, physicians, hospitals, pharmacies, researchers, and governments, in 20 countries and across five continents.

For more information on Tilray Medical, visit Tilray Medical Europe, Tilray Medical Canada, Tilray Medical Australia-New Zealand and Solana.pa in Panama.

About Tilray Brands 

Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.

For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.

Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations concerning, among other things, the Company’s ability to commercialize new and innovative products worldwide. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. Forward‑looking statements in this communication also include statements regarding the Company’s market positioning, ability to meet evolving medical cannabis demand in regulated pharmaceutical environments, and expectations concerning the effectiveness of strategic partnerships, including the Company’s collaboration with Molteni to support the development of the Italian medical cannabis market. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.

For further information, please contact:

Media: [email protected]  

Investors: [email protected]  

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced that BD management will host an audio webcast at 8 a.m. ET on Thursday, August 6, 2026 to discuss the Company's financial results for its third quarter of fiscal year 2026, which ended on June 30, 2026, and to provide an update on its operations and strategy. The audio webcast can be accessed at BD's investor relations website at www.bd.com/investors, and a replay will be made available shortly after the call at the same website. Prior to the call, the Company will issue a news release and related presentation materials that will include summary financial information for the quarter.  The news release and related presentation materials will be made available at www.bd.com/investors.

About BD
BD is one of the world's largest pure-play medical technology companies with a Purpose of advancing the world of health™ by driving innovation across medical essentials, connected care, biopharma systems and interventional. The company supports those on the frontlines of healthcare by developing transformative technologies, services and solutions that optimize clinical operations and improve care for patients. Operating across the globe, with more than 60,000 employees, BD delivers billions of products annually that have a positive impact on global healthcare. By working in close collaboration with customers, BD can help enhance outcomes, lower costs, increase clinical efficiency, improve safety and expand access to healthcare. For more information on BD, please visit bd.com or connect with us on LinkedIn at www.linkedin.com/company/bd1/, X @BDandCo or Instagram @becton_dickinson.

SOURCE BD (Becton, Dickinson and Company)

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Palantir Technologies (PLTR 2.47%) was a retail investor darling in 2023, 2024, and 2025. The stock soared 2,670% during that period, despite Wall Street analysts suggesting the price was already too high for most of it. But the stock has taken a tumble since the end of 2025, dropping roughly 37% from its November 2025 all-time high amid the broader software-as-a-service (SaaS) stock sell-off.

Meanwhile, analysts have begun to take a fresh look at the company as it continues to deliver phenomenal revenue growth and earnings. In fact, despite a recent rally in the stock, the average Wall Street price target is significantly above the current price.

Image source: Getty Images.

How high can Palantir climb? Palantir continues to defy expectations with its revenue growth and improving profitability. Revenue accelerated once again in the first quarter, with its top-line climbing 85% year over year in the first quarter. It's showing particular strength in its U.S. business, and its backlog of remaining deal value shows strong momentum and a long runway for continue revenue growth. Overall, adjusted operating margin expanded to 60%. Management also raised its full-year guidance along with those earnings results.

The software business should continue to produce very strong operating leverage. Its research and development expenses fell to less than 10% of revenue in the first quarter. Meanwhile, the company has taken a strategic approach to sales, letting the software speak for itself for the most part. It has recently turned to boot camps to show companies and their employees how to use Palantir's software to improve operations, a move that has been extremely effective in driving customer acquisition.

Palantir seemingly has no equal to compare its software against. The threat of AI labs supplanting existing enterprise software at a lower cost seems even less likely for Palantir than for more basic software solutions. The core of Palantir is its ontology framework, which enables users to find meaningful connections between disparate data sets. The artificial intelligence built into Palantir's platform isn't easily replicated. As a result, Palantir should see high revenue retention rates.

Today's Change

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-2.47

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-3.27

Current Price

$

128.95

Execution and growth have never been a problem for Palantir. The biggest concern with the stock has always been its valuation. After the sell-off, the stock trades at 43 times next year's sales expectations and 93 times forward earnings. That's a huge premium over the market. Nonetheless, analysts think it's too cheap.

The median price target for Palantir stock on Wall Street is $200 per share. That price is roughly 54% above the stock's current price as of this writing. And if it reaches that price within 12 months, the stock would trade at roughly the same forward P/E as today, based on analysts' estimates. That suggests Wall Street sees a lot more growth to come for the business.

While management has produced excellent results over the last few years, there's only so long revenue and earnings can accelerate. When the slowdown arrives, the stock could take a hit. Whether you should buy Palantir today depends on whether you think the company can continue to efficiently attract new customers and expand its market at scale.