Cathie Wood přes ARK koupila 504 799 akcií Rocket Lab za zhruba 31,6 milionu USD. Nákup přichází v době tlaku na titul a nejistoty kolem prvního startu Neutronu.
Rocket Lab stock NASDAQ:RKLB is under pressure, Neutron’s inaugural launch window is narrowing and NASA has handed a major Mars communications contract to Blue Origin.
Yet Cathie Wood’s ARK Investment Management is buying.
ARK purchased 504,799 Rocket Lab shares across three ETFs on Tuesday, worth about $31.6 million at the $62.54 closing price.
That followed 200,303 shares bought Monday, taking two-day purchases to 705,102 shares, worth roughly $44 million.
Rocket Lab fell 2.2% Tuesday, its ninth decline in 10 sessions, then slipped further after hours.
Bank of America analyst Ronald Epstein lowered his Rocket Lab price target to $110 from $115 on August 31 but kept a Buy rating.
TipRanks reported that the cut partly reflected expectations for a higher share count rather than a major deterioration in Epstein’s operating view. At Tuesday’s close, the revised target still implied about 76% upside.
That gives bulls a straightforward argument: even after recent setbacks, one of Wall Street’s freshest targets remains far above the market price.
But a target does not prove the selloff has gone too far. Rocket Lab still has to deliver the growth embedded in those forecasts, and a growing part of that case depends on Neutron.
Rocket Lab wants Neutron to move it beyond small launch and into the larger medium-lift market, but the schedule has become increasingly important.
Chief executive Peter Beck said after second-quarter results that the window for an end-of-year inaugural launch was “narrowing.” Rocket Lab still needs to complete major testing milestones before flight.
Cantor Fitzgerald analyst Andres Sheppard raised his target to $122 from $96 after the results and called Neutron “the most material catalyst,” according to TipRanks.
Sheppard argued that the orbital launch market remains supply-constrained and Rocket Lab is well positioned to benefit through Electron, HASTE and eventually Neutron.
That creates the tension behind Wood’s purchases. If Neutron performs as intended, a stock trading more than 50% below its May record could eventually look discounted.
However, if delays continue, the catalyst supporting some of Wall Street’s highest valuations keeps moving further away.
The latest setback came after Tuesday’s close, when NASA selected Blue Origin to develop its Mars Telecommunications Network.
NASA said the firm-fixed-price contract has a maximum potential value of about $700 million and requires Blue Origin to deliver a Mars telecommunications orbiter by the end of 2028. Rocket Lab had been eligible to compete.
Rocket Lab ended the second quarter with a record $2.36 billion backlog, up 137% from a year earlier.
The company expects about 45.5% of that backlog to be recognised within 12 months and had more than 90 launches booked across Electron, HASTE and Neutron.
Roth Capital analyst Suji Desilva cut his target to $110 from $130 after the quarter but retained a Buy rating. The Fly reported that Desilva said the backlog provides “meaningful near-term revenue coverage.”
That is why Wood’s buying is notable without proving she has called the bottom.
ARK is adding exposure during Rocket Lab’s weakest stretch in months, while analyst targets remain substantially above the share price. But whether the selloff has gone too far now depends increasingly on execution.
CoreWeave ve 2. čtvrtletí zvýšil úrokové náklady na 640 milionů USD, tedy na 2,4násobek oproti loňsku. Tržby vzrostly o 112 % na zhruba 2,6 miliardy USD.
Shares of artificial intelligence (AI) cloud infrastructure provider CoreWeave (CRWV -3.58%) trade around $82 as of this writing, down about 47% from their 52-week high. But the business keeps growing at an extraordinary pace. Second-quarter revenue rose 112% year over year to about $2.6 billion, and the company's revenue backlog reached about $104 billion (a figure that excludes more than $25 billion of new commitments added early in the third quarter).
The cost of financing that growth is climbing even faster. CoreWeave's interest expense was $640 million in the second quarter -- 2.4 times the $267 million it recorded a year earlier.
And the bond market isn't helping. The 30-year Treasury yield has closed above 5% on 55 days since the start of January, the most closes above that mark in any year since 2006.
To be fair, CoreWeave doesn't borrow at 30-year maturities, and its debt doesn't price anywhere near Treasury yields. But in a bond market like that, I think borrowed money could stay expensive for a while. And CoreWeave needs a lot more of it.
Image source: The Motley Fool.
More debt, cheaper debtCoreWeave's interest expense has climbed every quarter for the past year, from $267 million in the second quarter of 2025 to $311 million, $388 million, $536 million, and now $640 million. The driver is the balance, not the rate. Total debt reached about $35 billion as of June 30, up from about $21 billion at the end of 2025. That is a lot of debt for a company that completed its initial public offering (IPO) less than 18 months ago.
The rate, in fact, has moved in CoreWeave's favor.
"Over the past year, we have reduced our weighted average cost of debt by almost 300 basis points, representing approximately $1.1 billion of annualized interest saving based on our end of Q2 debt load," chief financial officer Nitin Agrawal said in the company's second-quarter earnings call.
Those savings are real. Low-rate convertible notes and bigger credit facilities have replaced some of the expensive borrowing from earlier in its cloud build-out. The bill more than doubled anyway, because the balance grew far faster than the rate fell.
How expensive is all that debt?CoreWeave's latest quarterly filing lists effective interest rates for its borrowings, and the range is wide: 2% on its convertible notes, mostly 9% to 11% on its term loans and senior notes, and 15% on its oldest term loan.
Weight each rate by its balance, and the blended cost works out to about 8.4%. On a balance this size, each percentage point costs more than $350 million a year.
New money is still arriving above that average. CoreWeave issued senior notes at 9.75% in April and 9.625% in June, plus euro-denominated notes at 8.5% -- effective rates of 9% to 10% once fees and discounts are folded in.
And the $2.6 billion term loan facility it added in August prices at 5.5 percentage points over the benchmark short-term lending rate.
The broader bond market offers little sign of relief coming. The 30-year yield touched 5.34% in mid-August, its highest since 2007, and sits at about 5.27% as of this writing.
The bill keeps climbingManagement expects third-quarter interest expense of $860 million to $940 million, a step up of about 41% at the midpoint, against $200 million to $260 million of adjusted operating income.
Operating profit was already far behind. Adjusted operating income was $128 million in the second quarter, down from $200 million a year earlier even as revenue more than doubled.
But the maturity schedule, at least, looks manageable. About $4.4 billion of principal comes due through year-end and $6.2 billion in 2027, while nearly $15 billion isn't due until after 2030. Refinancing isn't the near-term problem, in my opinion. New borrowing is.
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That's because the spending isn't slowing down. CoreWeave spent $16.1 billion on capital expenditures in the first half, and its full-year guidance of $35 billion to $39 billion implies roughly $19 billion to $23 billion more in the second half.
Against that, CoreWeave held about $5.5 billion of cash at the end of June -- arguably not much next to spending plans that size.
Ultimately, the second quarter showed a company getting better at borrowing while needing more of it than ever. Sure, the spending builds the AI infrastructure behind the $104 billion of contracted revenue already on the books. But the interest bill is climbing faster than the operating profit that is supposed to carry it.
That gap is the number I'd watch. Interest expense ran about $500 million ahead of adjusted operating income in the second quarter, and guidance implies the distance widens in the third.
Cornerstone Robotics oznámila strategické partnerství s Medtronic, které zahrnuje investici zhruba 700 mil. USD a práva na distribuci systému Sentire na vybraných trzích mimo USA. Cílem je rozšířit dostupnost robotické chirurgie po celém světě.
, /PRNewswire/ -- Cornerstone Robotics, innowacyjna firma z branży robotyki chirurgicznej założona i mająca siedzibę w Hongkongu, ogłosiła dziś strategiczne partnerstwo z Medtronic (NYSE: MDT), światowym liderem technologii medycznych. W ramach współpracy Medtronic dokona strategicznej inwestycji w Cornerstone Robotics w wysokości około 700 mln USD i uzyska prawa do dystrybucji systemu chirurgicznego Sentire™ firmy Cornerstone Robotics na wybranych rynkach poza USA, na których system jest dopuszczony do obrotu.
Wspólna wizja: zmniejszenie luki w dostępie do małoinwazyjnego leczenia chirurgicznego
W skali światowej odsetek zabiegów wykonywanych z udziałem systemów robotycznych nadal wynosi zaledwie kilka procent, dlatego możliwość udostępnienia zaawansowanego leczenia chirurgicznego większej liczbie pacjentów, lekarzy i systemów ochrony zdrowia jest tak ważna.
Rozwój tego segmentu wymaga zarówno stałych innowacji technicznych, jak i możliwości skutecznego zwiększania skali działalności rynkowej. Łącząc technologię Cornerstone Robotics z szerokim zasięgiem międzynarodowym Medtronic, obie firmy chcą udostępnić wysokiej jakości chirurgię robotyczną większej liczbie pacjentów na świecie.
Wspólny kierunek: rozwiązania technologiczne dla większej liczby pacjentów
Cornerstone Robotics zbudowała solidne podstawy rozwoju dzięki własnym pracom badawczo-rozwojowym obejmującym cały stos technologiczny oraz pionowo zintegrowanemu modelowi działania. Firma samodzielnie rozwija kluczowy sprzęt, oprogramowanie sterujące, zaawansowane algorytmy oraz własne platformy obrazowania i energii zabiegowej, dzięki czemu zachowuje istotną kontrolę nad integracją produktów, jakością i odpornością łańcucha dostaw. Przekłada się to na wyjątkową stabilność i wysoką precyzję działania systemu chirurgicznego Sentire w wymagających warunkach klinicznych.
W 2024 r. system chirurgiczny Sentire firmy Cornerstone Robotics uzyskał zatwierdzenie chińskiej National Medical Products Administration. W maju 2026 r. system Sentire otrzymał oznakowanie CE w Unii Europejskiej oraz zatwierdzenie Health Sciences Authority w Singapurze; oba obejmują małoinwazyjne zabiegi chirurgii ogólnej, ginekologicznej, torakochirurgicznej i urologicznej.
„Partnerstwo to jest ważnym krokiem w zwiększaniu dostępności chirurgii robotycznej na świecie - powiedział prof. Kwok Wai Samuel AU, założyciel i dyrektor generalny Cornerstone Robotics. - Nadal istnieje duża luka między rosnącym zapotrzebowaniem na chirurgię małoinwazyjną a dostępnością technologii chirurgii robotycznej. W Cornerstone Robotics zbudowaliśmy silne zaplecze dzięki własnym pracom badawczo-rozwojowym obejmującym cały stos technologiczny oraz integracji pionowej, co pozwala nam stale rozwijać kluczowe technologie robotyki chirurgicznej. Partnerstwo z Medtronic daje nam możliwość dalszego przyspieszenia prac i zwiększenia ich skali, aby korzyści z chirurgii robotycznej mogły trafić do większej liczby chirurgów i pacjentów na całym świecie".
„Inwestycja i umowa dystrybucyjna zwiększają możliwości Medtronic w zakresie dalszego poszerzania dostępu do chirurgii małoinwazyjnej dla pacjentów na całym świecie. Cieszymy się, że możemy zapewnić większy wybór w obszarze robotyki, a Sentire stanowi uzupełnienie naszej platformy Hugo" - powiedział Matt Anderson, Senior Vice President i President działu rozwiązań chirurgicznych w Medtronic.
Partnerstwo jest ważnym etapem dla obu firm, które wspólnie realizują misję zwiększania dostępności chirurgii robotycznej na świecie.
Doradcy
Kancelarie Kirkland & Ellis oraz Global Law Office doradzają Cornerstone Robotics w kwestiach prawnych. Morgan Stanley & Co. LLC jest wyłącznym doradcą finansowym Medtronic, a Cleary Gottlieb Steen & Hamilton LLP pełni funkcję głównego doradcy prawnego.
Cornerstone Robotics
Cornerstone Robotics, założona i mająca siedzibę w Hongkongu, jest innowacyjną firmą z branży robotyki chirurgicznej, która realizuje wizję tworzenia innowacji medycznych na rzecz zdrowszego świata. Firma usprawnia opiekę chirurgiczną dzięki zaawansowanym systemom robotycznym, które zwiększają dostępność i efektywność wysokiej jakości opieki zdrowotnej na świecie. Cornerstone Robotics ma trzy globalne ośrodki badawczo-rozwojowe i sześć centrów biznesowych na świecie oraz zakład produkcyjny w Chinach o powierzchni 30 000 m2. System chirurgiczny Sentire™, opracowany przez Cornerstone Robotics w całości we własnym zakresie, przeszedł wielospecjalistyczne badania kliniczne i został dopuszczony do obrotu w Chinach, Unii Europejskiej i Singapurze, wspierając rozwój wysokiej jakości opieki chirurgicznej na świecie.
Więcej informacji można znaleźć na stronie https://en.csrbtx.com/ oraz na profilu firmy w serwisie LinkedIn.
Medtronic
Odważne myślenie. Jeszcze odważniejsze działania. Jesteśmy Medtronic. Medtronic plc, z siedzibą w Galway w Irlandii, jest wiodącym międzynarodowym producentem technologii medycznych, który odważnie mierzy się z najtrudniejszymi problemami zdrowotnymi ludzkości, szukając i znajdując rozwiązania. Ponad 95 tys. zaangażowanych pracowników Medtronic w przeszło 150 krajach łączy wspólna misja: łagodzić ból, przywracać zdrowie i przedłużać życie. Nasze technologie i terapie stosowane są w leczeniu 70 schorzeń. Katalog Medtronic obejmuje m. in. urządzenia kardiologiczne, robotykę chirurgiczną, pompy insulinowe, narzędzia chirurgiczne, systemy monitorowania pacjentów i wiele innych. Dzięki wiedzy naszych zespołów, ich ciekawości i gotowości do pomagania potrzebującym tworzymy innowacyjne technologie, które zmieniają życie dwóch osób w każdej sekundzie, każdej godziny i każdego dnia. Nie spoczywamy na laurach: cały czas rozwijamy opiekę opartą na danych, projektujemy rozwiązania z myślą o pacjentach i personelu medycznym oraz pracujemy nad poprawą wyników leczenia na całym świecie. We wszystkim, co robimy, tworzymy rozwiązania wykraczające poza zwyczajność. Więcej informacji o Medtronic można znaleźć na stronie www.Medtronic.com oraz na profilu firmy w serwisie LinkedIn.
Palo Alto Networks, Inc. (PANW) Q4 2026 Earnings Call September 1, 2026 4:30 PM EDT
Company Participants
Hamza Fodderwala - Senior VP of Investor Relations & Strategic Finance
Nikesh Arora - Chairman & CEO
Dipak Golechha - Executive VP & CFO
Conference Call Participants
Robbie Owens - Piper Sandler & Co., Research Division
Brian Essex - JPMorgan Chase & Co, Research Division
Saket Kalia - Barclays Bank PLC, Research Division
Fatima Boolani - Citigroup Inc., Research Division
Matthew Hedberg - RBC Capital Markets, Research Division
Michael Turrin - Wells Fargo Securities, LLC, Research Division
Gray Powell - BTIG, LLC, Research Division
Meta Marshall - Morgan Stanley, Research Division
Brad Zelnick - Deutsche Bank AG, Research Division
Presentation
Hamza Fodderwala
Senior VP of Investor Relations & Strategic Finance
Good day, everyone, and welcome to Palo Alto Networks' Fiscal Fourth Quarter 2026 Earnings Conference Call. I am Hamza Fodderwala, Senior Vice President of Investor Relations and Strategic Finance. Please note that this call is being recorded today, Tuesday, September 1, 2026, at 1:30 p.m. Pacific Time.
With me on today's call to discuss our fiscal fourth quarter results are Nikesh Arora, our Chairman and Chief Executive Officer; and Dipak Golechha, our Chief Financial Officer. You can find the press release and other information to supplement today's discussion on our website at investors.paloaltonetworks.com. While there, please click on the link for quarterly results to find the Q4 '26 supplemental financial information and Q4 '26 earnings presentation.
During the course of today's call, we will be making forward-looking statements and projections regarding the company's business operations and financial performance as well as the company's recent acquisitions. These statements made today are subject to a number of risks and uncertainties that could cause our actual results to differ from these forward-looking statements. Please review our press release and recent SEC filings for a description of these risks
Dropbox uvedl, že při srpnovém útoku bylo kompromitováno asi 5 000 účtů a útočníci viděli nebo stahovali obsah z cloudové platformy. Zasaženo bylo méně než třetina účtů.
Dropbox (DBX.O) said on Tuesday that around 5,000 accounts were compromised last month, with hackers viewing and downloading content stored on the cloud-storage platform.
Here are a few details:
Some Dropbox users received an email from the company on Monday notifying them that their accounts have been accessed without authorization between August 4 and August 21, Dropbox confirmed after Bloomberg News reported the hack earlier in the day.
Hackers accessed files in fewer than a third of the compromised accounts, the company said.
Shares of Dropbox fell around 2.4% in extended trading on Tuesday.
Dropbox told Reuters that it identified unauthorized access affecting accounts linked to a Lenovo ID that did not have its two-factor authentication enabled, prompting the company to terminate all sessions authenticated through a Lenovo ID.
The company has removed any links between Lenovo IDs and Dropbox accounts and changed its systems so that users must enter their Dropbox password before accessing an account through Lenovo.
Dropbox said it had reported the incident to data protection regulators.
Lenovo identified a "legacy integration" between Lenovo ID and Dropbox that "could be used to improperly authenticate certain Dropbox accounts". The company said its own customers were not affected and that an investigation was ongoing.
MongoDB, Inc. (MDB) Q2 2027 Earnings Call September 1, 2026 5:00 PM EDT
Company Participants
Jess Lubert - Vice President of Investor Relations
Chirantan Desai - President, CEO & Director
Michael Berry - CFO & Principal Financial Officer
Conference Call Participants
Raimo Lenschow - Barclays Bank PLC, Research Division
Aleksandr Zukin - Wolfe Research, LLC
Matthew Martino - Goldman Sachs Group, Inc., Research Division
Karl Keirstead - UBS Investment Bank, Research Division
Sanjit Singh - Morgan Stanley, Research Division
Ryan MacWilliams - Wells Fargo Securities, LLC, Research Division
S. Kirk Materne - Evercore ISI Institutional Equities, Research Division
Tyler Radke - Citigroup Inc., Research Division
Koji Ikeda - BofA Securities, Research Division
Presentation
Operator
Hello, and welcome to MongoDB's Second Quarter Fiscal '27 Earnings Call. [Operator Instructions]
I would now like to hand the conference over to Jess Lubert, Vice President of Investor Relations. You may begin.
Jess Lubert
Vice President of Investor Relations
Thank you, operator. Good afternoon, and thank you for joining us today to review MongoDB's Second Quarter Fiscal 2027 Financial Results, which we announced in our press release issued after the close of market today. Joining me on the call today are CJ Desai, President and CEO of MongoDB; and Mike Berry, CFO of MongoDB.
During this call, we will make forward-looking statements, including statements related to our market and future growth opportunities, our opportunity to win new business, our expectations regarding Atlas assumption growth, the impact of EA and other business and multiyear license revenue and the long-term opportunity of AI, our financial guidance and underlying assumptions, including expectations regarding profitability and operating margin and our investments in growth opportunities in AI.
These statements are subject to a variety of risks and uncertainties, including the results of operations and financial conditions that could cause actual results to differ materially from our expectations. For a discussion
Australský regulátor schválil převzetí společnosti Kenvue firmou Kimberly-Clark za 40 miliard USD, ale jen pod podmínkou prodeje značek Carefree a Stayfree v Austrálii. Cílem je zachovat konkurenci na trhu menstruačních potřeb.
Australia's competition regulator on Wednesday approved Kimberly-Clark's (KMB.O) proposed $40 billion takeover of Kenvue (KVUE.N), on condition the company divests Kenvue's Carefree and Stayfree period care brands in the country to address competition concerns.
Here are the details:
The Australian Competition and Consumer Commission (ACCC) said the period care brands should be divested to an approved purchaser.
The regulator said without the divestment, the deal could lessen competition in period care products supply, with both companies being two of the three major suppliers of period care products in Australia.
The deal, announced in November, would allow Kimberly-Clark to bring in Kenvue's famous global brands such as Listerine mouthwash and Neutrogena, but would expose the company to lawsuits Kenvue faces over Tylenol.
Kimberly-Clark has also sought approval from EU regulators for the takeover, documents on the EU Commission's website showed last week.
"The divestiture will preserve an independent competitor in the supply of period care products in Australia and maintain the competition that would otherwise be lost through the acquisition," ACCC Commissioner Philip Williams said.
TDS stáhla návrh na koupi zbývajících akcií Array Digital Infrastructure, které nevlastní, a dál drží zhruba 82% podíl. Firma zároveň očekává obnovení zpětného odkupu akcií TDS.
Telephone and Data Systems Announces It Is No Longer Pursuing the Acquisition of Public Shares of Array Digital Infrastructure PR Newswire
CHICAGO, Sept. 1, 2026
TDS Expects to Recommence Repurchase Program
, /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) (the "Company" or "TDS") today announced that it is no longer pursuing the acquisition of the Common Shares of Array Digital Infrastructure, Inc. (NYSE: AD) ("Array") that it does not already own and has withdrawn its previously announced proposal. Under the terms of the proposal, each Array Common Share not owned by TDS would have been exchanged for 0.86 of a TDS Common Share, subject to the assumptions set forth in the proposal. TDS will continue to hold its approximately 82% ownership interest in Array.
"While we remain confident that the combination presents substantial benefits, we no longer believe that now is the right time to complete such a transaction. Despite extensive review on both sides, we were not able to reach agreement on the form of consideration and value," said Walter Carlson, President and Chief Executive Officer of TDS. "We appreciate the time and effort that the Special Committee of the Board of Directors of Array devoted to this process. We remain confident in Array's business and long-term prospects and are committed to supporting Array's continued success as a leading owner and operator of wireless communications infrastructure. Similarly, we remain confident in the long-term prospects of TDS Telecom as we execute our strategy to expand our marketable fiber service footprint and deliver value for customers and our shareholders."
TDS continues to support Array's previously disclosed intention to opportunistically monetize its remaining wireless spectrum assets. TDS and Array intend in the near term to increase their efforts to pursue opportunities to monetize such assets.
With the withdrawal of the proposal to Array, TDS expects to recommence repurchases of TDS Common Shares under its previously announced share repurchase programs, including the additional $500 million share repurchase authorization announced in November 2025. As of June 30, 2026, approximately $523.9 million remained available under TDS's share repurchase programs. The timing, manner and amount of any repurchases will be determined by TDS in its discretion and will depend on market conditions, applicable legal requirements and other factors.
About TDS
Founded in 1969, Telephone and Data Systems provides broadband services and wireless infrastructure through its businesses, TDS Telecom and Array Digital Infrastructure, Inc.
About Array
Array is a leading owner and operator of shared wireless communications infrastructure in the United States. With over 4,400 cell towers in locations from coast to coast, Array enables the deployment of 5G and other wireless technologies throughout the country. Headquartered in Chicago, Array is approximately 82% owned by TDS.
For more information about TDS and its subsidiaries, visit:
This communication contains forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, which reflect TDS' current estimates, expectations and projections about TDS' and Array's future results, performance, prospects and opportunities. Such forward-looking statements may include, among other things, statements regarding TDS' and Array's efforts to monetize Array's remaining spectrum assets, the timing and results of such efforts, TDS' plans to repurchase TDS Common Shares and the timing and amount of any such repurchases, and any other statements regarding TDS' or Array's future operations, anticipated business levels, future earnings, planned activities, anticipated growth, market opportunities, strategies, competition and other expectations and estimates for future periods.
Forward-looking statements include statements that are not historical facts and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "plan," "may," "should," "will," "would," "project," "forecast" and similar expressions. These forward-looking statements are based upon information currently available to TDS and are subject to a number of risks, uncertainties and other factors that could cause TDS' and Array's actual results, performance, prospects, or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. The TDS business is subject to the risks and uncertainties described in TDS' Annual Report on Form 10-K on file with the Securities and Exchange Commission and from time to time in other filed reports, including TDS' Quarterly Reports on Form 10-Q. Shareholders, potential investors and other readers are urged to consider these factors in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements.
The forward-looking statements included in this communication are made only as of the date of this communication, and TDS undertakes no obligation to update any forward-looking information contained in this communication, or with respect to the announcement described herein, to reflect subsequent events or circumstances.
View original content:https://www.prnewswire.com/news-releases/telephone-and-data-systems-announces-it-is-no-longer-pursuing-the-acquisition-of-public-shares-of-array-digital-infrastructure-302866945.html
Šéf Palo Alto Networks Nikesh Arora řekl, že AI nutí firmy modernizovat zhruba 1 bilion USD zastaralé kyberbezpečnostní infrastruktury. Společnost zároveň překonala odhady za fiskální 4. čtvrtletí a poskytla silný výhled.
Palo Alto Networks CEO Nikesh Arora said Tuesday that AI is forcing companies to overhaul roughly $1 trillion of aging cybersecurity infrastructure built for a pre-AI world.
"Nothing that was deployed seven or 10 years ago is prepared or ready to handle AI at machine speed," Arora told CNBC's Jim Cramer on "Mad Money." "You have to rethink your cyber architecture."
Palo Alto's earnings report on Tuesday suggests that urgency is already translating into business. The company beat fiscal fourth quarter estimates and issued a strong outlook for its new fiscal year. Cramer's Charitable Trust, the portfolio run by the CNBC Investing Club, owns Palo Alto and cyber peer CrowdStrike.
Arora expects the opportunity to grow as AI allows attackers to find and exploit vulnerabilities faster than ever before, forcing companies to modernize security defenses that weren't designed for automated threats. "You cannot deploy AI successfully if you don't get cybersecurity right," he said.
"There's approximately $1 trillion of global cybersecurity debt that must be modernized to defend against automated threats because they operate instantaneously," Arora said on Palo Alto's earnings call.
That opportunity marks a dramatic reversal from how investors viewed AI's impact on cybersecurity earlier this year. Palo Alto and other cybersecurity stocks came under pressure on fears that increasingly capable AI models could disrupt traditional security software. Eventually, the market began to view AI as a growth driver as investors recognized that attackers can weaponize the same technology.
"Nine months ago, ... we were guilty and convicted of near death because AI was going to eat our lunch, breakfast, and dinner," Arora told Cramer. "It seems like that's not the case. It seems like we're going to have to have the feast with them."
Arora pointed to the emergence of Anthropic's Mythos model earlier this year as a turning point. Mythos prompted companies to take cybersecurity more seriously because the model could be easily used to exploit software vulnerabilities. Shares of Palo Alto have surged 113% since April 7. Prior to that point, the stock was in the red for 2026.
"I've been trying for eight years to tell customers they're not ready, and [Anthropic CEO Dario Amodei] did it in one event, just by launching Mythos," Arora said on CNBC.
Arora said Palo Alto has held conversations with roughly 2,000 companies about its Frontier AI Critical Defense Program, which uses advanced AI models to test customers' defenses, identify vulnerabilities, and help them modernize their security infrastructure. The company formally introduced the initiative in August.
While Arora cautioned that the spending won't materialize all at once, he said AI has fundamentally expanded the size and duration of the opportunity for the cybersecurity industry.
"Not everything's going to happen next quarter," Arora told Cramer. "But all I say is this changes the long-term growth rate and duration of cybersecurity, not just for Palo Alto, but as an industry."
Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting SeasonPalo Alto Networks NASDAQ: PANW said it exceeded its guidance across financial metrics in the fiscal fourth quarter, closing fiscal 2026 with accelerating bookings growth, record remaining performance obligations and continued expansion in its next-generation security businesses.
Chairman and Chief Executive Officer Nikesh Arora said the company’s results reflected adoption of its platformization strategy and heightened customer focus on cybersecurity as artificial intelligence expands the number and speed of potential threats. The company reported total remaining performance obligations, or RPO, of $21.2 billion, up 34% year over year, while Next-Generation Security annual recurring revenue reached $9.1 billion, up 63%.
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Palo Alto’s Rally Has One Big Problem Ahead of Earnings“Most notably, we added nearly $1 billion in net new NGS ARR this quarter alone,” Arora said. He added that the company recorded about 220 net new platformizations during the quarter, exceeding its previous record. Net revenue retention for its platformized customer cohort exceeded 120% in the fourth quarter, according to the company.
Fourth-Quarter and Full-Year Performance Chief Financial Officer Dipak Golechha said fourth-quarter revenue rose 34% to $3.41 billion. For fiscal 2026, revenue totaled $11.5 billion, an increase of 24% from the prior year. Growth was broad-based geographically, with revenue in the Americas up 33%, EMEA up 39% and JPAC up 34%, he said.
5 of the Most-Upgraded Stocks Over the Last Quarter Are All Software Names—Here's WhyCurrent RPO reached $9.3 billion, also up 34%, as contract durations remained steady from a year earlier. Fourth-quarter non-GAAP operating margin was 29.6%, while full-year non-GAAP operating margin was 29.2%, an increase of 40 basis points.
The company reported fourth-quarter non-GAAP earnings per share of $1.02, above the high end of its guidance by $0.04. Adjusted free cash flow was $1.29 billion in the quarter, up 35% year over year. Full-year adjusted free cash flow was $4.41 billion, representing a 38.4% margin. Palo Alto Networks ended the fiscal year with $7.9 billion in cash equivalents and short-term investments.
Golechha said gross margin declined as the revenue mix shifted toward cloud and software-as-a-service products. Fourth-quarter gross margin was 74.8%, down 100 basis points, while full-year gross margin was 75.8%, down 60 basis points. The company expects cloud-hosting costs to grow faster than revenue in fiscal 2027 as cloud and SaaS become a larger share of its business. It also expects elevated memory and storage costs in its hardware operations, though hardware represents about 10% of total company revenue.
Platform Growth and Acquisition Integration The company introduced revenue disclosures for three platforms: Network & AI Security, Cortex and Idira. Network & AI Security generated $8.35 billion in fiscal 2026 revenue, up 17%. Cortex revenue rose 25% to $1.92 billion.
Within Network & AI Security, the company said SASE bookings grew 40% during fiscal 2026. It displaced legacy vendors in nearly 100 accounts, representing more than $400 million in total contract value. Arora cited a $126 million agreement with a global telecommunications company, a $72 million deal with an IT service provider and a $53 million platformization agreement with a global payments platform.
Prisma AIRS surpassed $100 million in ARR within four quarters of general availability and has more than 800 customers, Arora said. XSIAM ended the year with more than $700 million in ARR, up 70%, and exceeded 1,000 customers. The company said customers using XSIAM have reduced mean time to respond to less than 10 minutes.
Palo Alto Networks also highlighted the performance of Chronosphere, which it acquired in the second quarter, and CyberArk, which it now refers to as Idira after closing the acquisition in early fiscal third quarter. Observability ARR more than doubled following the Chronosphere acquisition and exceeded $500 million. Arora said XSIAM contributed to 50% of net new Chronosphere customer logos during the quarter.
Idira produced $1.26 billion in fiscal 2026 revenue on a pro forma basis, growing 21%. Golechha said Idira bookings outpaced revenue in the fourth quarter. Arora said joint go-to-market efforts had generated more than 400 shared leads and more than 200 new logos from Palo Alto Networks’ installed base. Deals with total contract value above $5 million increased 50% year over year in the fourth quarter.
The company also announced that it closed its acquisition of Console during the quarter. Arora said Console’s team would join the Cortex organization to help develop AI-driven capabilities for IT and security operations. Palo Alto Networks also closed its acquisition of Embrace, which it plans to use to add real-user monitoring to its observability offering.
AI Security Focus and Fiscal 2027 Outlook Arora described AI as a long-term cybersecurity tailwind, pointing to the emergence of autonomous agents, increasingly capable cyber models and wider deployment of open-weight and open-source AI architectures. He said these developments are increasing the need to secure machine identities, monitor larger volumes of telemetry and respond to threats at machine speed.
In response to analyst questions, Arora said acquisitions are not the company’s primary strategy but can be used to address emerging technology shifts when another company has developed capabilities that can be brought to customers faster. He also said customer modernization efforts generally take one to three years rather than one quarter, despite increasing interest in consolidating cybersecurity tools on larger platforms.
For the fiscal first quarter of 2027, Palo Alto Networks expects:
NGS ARR of $9.54 billion to $9.56 billion, representing 63% growth. RPO of $20.8 billion to $20.9 billion, up 34% to 35%. Revenue of $3.30 billion to $3.31 billion, up 33% to 34%. Non-GAAP diluted EPS of $0.96 to $0.98. For fiscal 2027, the company forecast NGS ARR of $11.075 billion to $11.175 billion, revenue of $14.1 billion to $14.2 billion and RPO of $25.2 billion to $25.4 billion. It expects non-GAAP operating margin of 29.5%, non-GAAP diluted EPS of $4.16 to $4.19 and adjusted free cash flow margin of 38%.
Golechha said the company remains on track toward its long-term targets of $20 billion in NGS ARR by fiscal 2030 and a 40% adjusted free cash flow margin by fiscal 2028.
About Palo Alto Networks (NASDAQ:PANW)Palo Alto Networks NASDAQ: PANW is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.
The company's product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Skyworks prodloužila lhůtu pro výměnu dluhopisů Qorvo do 11. září 2026. K nabídce je přihlášeno 90,55 % dluhopisů splatných v roce 2029 a 93,36 % splatných v roce 2031.
IRVINE, Calif., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Skyworks Solutions, Inc. (Nasdaq: SWKS) (“Skyworks”), a leading developer, manufacturer and provider of analog and mixed-signal semiconductors and solutions for numerous applications, today announced that it has extended the expiration date of its previously announced offers to holders of Qorvo Notes (as defined herein) to exchange (the “Exchange Offers”) any and all outstanding 4.375% Senior Notes due 2029 (the “2029 Qorvo Notes”) and any and all outstanding 3.375% Senior Notes due 2031 (the “2031 Qorvo Notes” and, together with the 2029 Qorvo Notes, the “Qorvo Notes”) issued by Qorvo, Inc. (“Qorvo”) as set forth in the table below for (1) with respect to the 2029 Qorvo Notes, up to $850,000,000 aggregate principal amount of new 4.375% Senior Notes due 2029 (the “New 2029 Skyworks Notes”) issued by Skyworks and (2) with respect to the 2031 Qorvo Notes, up to $700,000,000 aggregate principal amount of new 3.375% Senior Notes due 2031 (together with the New 2029 Skyworks Notes, the “New Skyworks Notes”) issued by Skyworks.
Extension of Expiration Date
The Exchange Offers were previously scheduled to expire at 5:00 p.m., New York City time, on September 1, 2026. Skyworks has extended the expiration date to 5:00 p.m., New York City time, on September 11, 2026, unless the Exchange Offers are further extended or earlier terminated or otherwise amended (as it may be extended or otherwise amended, the “Expiration Date”). Skyworks is hopeful that the Mergers (as defined herein) will close within the calendar year (subject to satisfaction or waiver of all closing conditions) and is preparing to close as early as within the fiscal year. However, there can be no assurances that the closing will occur on this timeline. All other terms and conditions of the Exchange Offers as set forth in the Prospectus (as defined herein) remain in full force and effect.
Participation to Date
Global Bondholder Services Corporation, the information agent for the Exchange Offers, has advised Skyworks that as of 5:00 p.m., New York City time, on September 1, 2026, the last business day prior to the announcement of the extension of the Exchange Offers, the following respective principal amounts of each series of Qorvo Notes have been validly tendered and not validly withdrawn:
Title of Qorvo Notes /
CUSIP / ISIN No.Principal Amount
OutstandingPrincipal Amount
TenderedPercentage4.375% Senior Notes due 2029Registered:
74736KAH4 /
US74736KAH41
144A:
74736KAG6 /
US74736KAG67
Regulation S:
U7471QAF1 /
USU7471QAF10
$850,000,000$769,651,00090.55%
3.375% Senior Notes due 2031144A:
74736KAJ0 /
US74736KAJ07
Regulation S:
U7471QAJ3 /
USU7471QAJ32
$700,000,000$653,535,00093.36%
Holders of Qorvo Notes who have already validly tendered and not validly withdrawn their Qorvo Notes do not need to re-tender their notes or take any other action as a result of the extension of the Expiration Date, and their tenders remain effective. Holders of Qorvo Notes who have not yet validly tendered, or who validly tendered and validly withdrew, may tender or re-tender, as applicable, their Qorvo Notes at any time at or prior to the Expiration Date and will be eligible to receive the applicable consideration as described in the Prospectus, subject to the terms and conditions set forth in the Prospectus, including, subject to submitting a valid Early Participation VOI Number with respect to such tendered or re-tendered Qorvo Notes, the Early Participation Premium with respect to such Qorvo Notes.
Settlement Date
The settlement date (the “Settlement Date”) will be promptly after the Expiration Date and is expected to occur no earlier than the second business day after the closing date of the Mergers.
Additional Information
The Exchange Offers are being made pursuant to the terms and subject to the conditions set forth in Skyworks’ registration statement on Form S-4, which was declared effective on May 29, 2026, and the related final prospectus filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 29, 2026 (as it may be amended or supplemented from time to time, the “Prospectus”). Capitalized terms used but not defined herein have the meanings ascribed to such terms in the Prospectus. Each Exchange Offer is conditioned upon the closing of the transactions pursuant to which Qorvo will merge with and into a subsidiary of Skyworks (the “Mergers”), with such subsidiary continuing as the surviving entity and a wholly-owned subsidiary of Skyworks, which condition may not be waived by Skyworks. The closing of the Mergers is not conditioned upon the results of the Exchange Offers.
Skyworks, in its sole discretion, may modify or terminate either Exchange Offer and may extend the Expiration Date and/or the Settlement Date with respect to either Exchange Offer, subject to applicable law. Any such modification, termination or extension by Skyworks with respect to an Exchange Offer will not automatically modify, terminate or extend the other Exchange Offer. The Exchange Offer with respect to a series of Qorvo Notes is not conditioned upon the consummation of the Exchange Offer with respect to the other series of Qorvo Notes.
The complete terms and conditions of the Exchange Offers are described in the Prospectus, a copy of which may be obtained by contacting Global Bondholder Services Corporation, the exchange agent and information agent in connection with the Exchange Offers, at (855) 654-2015 (U.S. toll-free) or (212) 430-3774 (banks and brokers) or [email protected]. Questions regarding the terms and conditions of the Exchange Offers should be directed to the dealer manager, Goldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Collect: (212) 357-1452, Toll-Free: (800) 828-3182.
This press release does not constitute an offer to sell or purchase, or a solicitation of an offer to purchase or sell, any security. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. The Exchange Offers are being made solely pursuant to the Prospectus and only to such persons and in such jurisdictions as is permitted under applicable law.
About Skyworks
Skyworks Solutions, Inc. is empowering the wireless networking revolution. Skyworks is a leading developer, manufacturer and provider of analog and mixed-signal semiconductors and solutions for numerous applications, including aerospace, automotive, broadband, cellular infrastructure, connected home, defense, entertainment and gaming, industrial, medical, smartphone, tablet and wearables.
Skyworks is a global company with engineering, marketing, operations, sales and support facilities located throughout Asia, Europe and North America and is a member of the S&P 500® market index (Nasdaq: SWKS).
Safe Harbor Statement
This press release includes “forward-looking statements.” Forward-looking statements relate to future events, including, but not limited to, the Exchange Offers and the Mergers, as applicable. These forward-looking statements include information relating to future events, prospects, expectations and results of Skyworks (e.g., certain projections and business trends, including with respect to future sales and revenue, as well as plans for dividend payments). Forward-looking statements can often be identified by words such as “anticipates,” “estimates,” “expects,” “forecasts,” “intends,” “believes,” “plans,” “may,” “will” or “continue,” and similar expressions and variations or negatives of these words. All such statements are subject to certain risks, uncertainties and other important factors that could cause actual results to differ materially and adversely from those projected and may affect Skyworks’ future operating results, financial position and cash flows.
These risks, uncertainties and other important factors include: the risks of doing business internationally, including from trade war or trade protection measures (e.g., tariffs, retaliatory tariffs and other countermeasures or taxes), increased import/export restrictions and controls (e.g., Skyworks’ ability to obtain foreign-sourced raw materials, including from Chinese-based sources, as well as Skyworks’ ability to sell products to certain specified foreign entities only pursuant to a limited export license from the U.S. Department of Commerce), the susceptibility of the semiconductor industry and the markets addressed by Skyworks’, and Skyworks’ customers’, products to economic cycles or changes in economic conditions, including inflation and recession that could result from trade war or trade protection measures; Skyworks’ reliance on a small number of key customers for a large percentage of Skyworks’ sales; decreased gross margins and loss of market share as a result of increased competition; Skyworks’ ability to obtain design wins from customers; Skyworks’ ability to convert design wins into revenue; market acceptance of Skyworks’ products and Skyworks’ customers’ products, including market acceptance of new, emerging technologies such as AI; the mix and volume of phone models sold by Skyworks’ largest customer; the potential impacts on Skyworks’ business, reputation, relationships, results of operations, cash flows and financial condition as a result of the Mergers and related transactions with Qorvo; the possibility that expected benefits related to such transactions with Qorvo may not materialize as expected; such transactions with Qorvo being timely completed, if completed at all; regulatory approvals required for the Mergers and related transactions not being timely obtained, if obtained at all, or being obtained subject to conditions; Skyworks or Qorvo’s business experiencing disruptions as a result of the Mergers and related transactions or due to transaction-related uncertainty or other factors making it more difficult to maintain relationships with employees, customers, other business partners or governmental entities; Skyworks and Qorvo being unable to successfully implement integration strategies or to achieve expected synergies and operating efficiencies within the expected time-frames or at all; the costs, fees, expenses and other charges related to the Mergers and related transactions with Qorvo, including with respect to any related litigation; reduced flexibility in operating Skyworks’ business as a result of the substantial amount of additional indebtedness Skyworks has incurred and expects to incur in connection with the Mergers and related transactions; delays in the deployment of commercial 5G networks or in consumer adoption of 5G-enabled devices; the volatility of Skyworks’ stock price; changes in laws, regulations and/or policies that could adversely affect Skyworks’ operations and financial results, the economy and Skyworks’ customers’ demand for Skyworks’ products, or the financial markets and Skyworks’ ability to raise capital; fluctuations in Skyworks’ manufacturing yields due to Skyworks’ complex and specialized manufacturing processes; Skyworks’ ability to develop, manufacture and market innovative products, avoid product obsolescence, reduce costs in a timely manner, transition Skyworks’ products to smaller geometry process technologies and achieve higher levels of design integration; the quality of Skyworks’ products and any defect remediation costs; Skyworks’ products’ ability to perform under stringent operating conditions; the availability and pricing of third-party semiconductor foundry, assembly and test capacity, raw materials, including rare earth and similar minerals, supplier components, equipment and shipping and logistics services, including limits on Skyworks’ customers’ ability to obtain such services and materials; risks that Skyworks may not be able to optimize Skyworks’ manufacturing footprint and achieve any financial and operational benefits from such efforts, including reducing fixed costs or improving utilization rates, disruptions to Skyworks’ manufacturing processes, including relating to any relocation of Skyworks’ key facilities; Skyworks’ ability to successfully manage Skyworks’ senior management transitions; Skyworks’ ability to retain, recruit and hire key executives or the departure of any such executives, technical personnel and other employees in the positions and numbers, with the experience and capabilities, and at the compensation levels needed to implement Skyworks’ business and product plans; the timing, rescheduling or cancellation of significant customer orders and Skyworks’ ability, as well as the ability of Skyworks’ customers, to manage inventory; other economic, social, military and geopolitical conditions in the countries in which Skyworks, Skyworks’ customers or Skyworks’ suppliers operate, including the conflicts in Ukraine, Iran and other regions in the Middle East, possible disruptions in transportation networks, and fluctuations in foreign currency exchange rates; the effects of global health crises on business conditions in Skyworks’ industry, including the risk of significant disruptions to Skyworks’ business operations, as well as negative impacts to Skyworks’ financial condition; Skyworks’ ability to prevent theft of Skyworks’ intellectual property, disclosure of confidential information or breaches of Skyworks’ information technology systems; uncertainties of litigation, including Skyworks’ ongoing securities litigation, potential disputes over intellectual property infringement and rights, as well as payments related to the licensing and/or sale of such rights; Skyworks’ ability to continue to grow and maintain an intellectual property portfolio and obtain needed licenses from third parties; Skyworks’ ability to make certain investments and acquisitions, integrate companies Skyworks acquires and/or enter into strategic alliances; and other risks and uncertainties, including those detailed from time to time in Skyworks’ filings with the Securities and Exchange Commission.
The forward-looking statements contained in this press release are made only as of the date hereof, and Skyworks undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Note to Editors: Skyworks and the Skyworks symbol are trademarks or registered trademarks of Skyworks Solutions, Inc., or its subsidiaries in the United States and other countries. Third-party brands and names are for identification purposes only and are the property of their respective owners.
Additional Information about the Mergers and Where to Find It
In connection with the Mergers, Skyworks has filed with the SEC a registration statement on Form S-4, which includes a proxy statement of Qorvo that also constitutes a prospectus for the shares of Skyworks common stock to be offered in the Mergers (collectively, the “Mergers Registration Statement and Proxy Statement/Prospectus”). Each of Skyworks and Qorvo may also file other relevant documents with the SEC regarding the Mergers. This communication is not a substitute for the proxy statement/prospectus or registration statement or any other document that Skyworks or Qorvo may file with the SEC. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE MERGERS REGISTRATION STATEMENT AND PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT SKYWORKS, QORVO, THE MERGERS AND RELATED MATTERS.
Investors and security holders can obtain free copies of the Mergers Registration Statement and Proxy Statement/Prospectus and other documents containing important information about Skyworks, Qorvo and the Mergers filed with the SEC through the website maintained by the SEC at www.sec.gov. The documents filed by Skyworks with the SEC also may be obtained free of charge at Skyworks’ website at https://www.skyworksinc.com/investors or upon written request to Skyworks at [email protected]. The documents filed by Qorvo with the SEC also may be obtained free of charge at Qorvo’s website at https://ir.qorvo.com/ or upon written request to Qorvo at [email protected].
Veeva Systems spustila Veeva Falcon Safety, řešení bezpečnostních operací založené na agentické AI, které zjednoduší zadávání nežádoucích událostí, zpracování případů a dohled, aby snížilo náklady, urychlilo procesy a zajistilo soulad biopharma společností všech velikostí. Bude kompatibilní s každým bezpečnostním systémem splňujícím normu E2B, včetně Oracle Argus a ArisGlobal LifeSphere MultiVigilance. Falcon Safety má být k dispozici prvním uživatelům v listopadu 2026 a je součástí Veeva AI.
, /PRNewswire/ -- Veeva Systems (NYSE : VEEV) a annoncé aujourd'hui le lancement de Veeva Falcon Safety, une solution d'opérations de sécurité basée sur l'agentique, destinée à rationaliser la saisie des événements indésirables, le traitement des dossiers et leur suivi, afin de réduire les coûts, accélérer les processus et garantir la conformité des entreprises biopharmaceutiques de toutes tailles.
Outre son intégration transparente avec Veeva Safety, Falcon Safety assurera la gestion de la saisie et du suivi pour tout système de sécurité conforme à la norme E2B, y compris Oracle Argus et ArisGlobal LifeSphere MultiVigilance.
« Nous avons eu le privilège de travailler en étroite collaboration avec des gestionnaires de dossiers, des experts en pharmacovigilance et des spécialistes de la sécurité à l'échelle mondiale pour mettre au point Veeva Safety », a déclaré Marius Mortensen, vice-président chargé des produits Falcon chez Veeva. « Avec Falcon Safety, nous sommes ravis de renforcer ce partenariat et d'aider le secteur à réinventer ses procédures de sécurité. »
Devant être mis à la disposition des premiers utilisateurs en novembre 2026, Falcon Safety fait partie de Veeva AI, l'ensemble des solutions d'IA de Veeva destinées au secteur des sciences de la vie.
À propos de Veeva Systems
Veeva propose une plateforme cloud dédiée au secteur des sciences de la vie, comprenant des applications, des agents, des données et des services de conseil. Engagée en faveur de l'innovation, de l'excellence de ses produits et de la réussite de ses clients, Veeva compte plus de 1 500 clients, parmi lesquels figurent les plus grandes sociétés biopharmaceutiques mondiales et des biotechs émergentes. Véritable société d'utilité publique, Veeva s'engage à concilier au mieux les intérêts de toutes les parties prenantes, y compris les clients, les employés, les actionnaires et les industries qu'elle sert. Pour obtenir plus d'informations, consultez le site veeva.com.
Déclarations prospectives de Veeva
Le présent communiqué contient des déclarations prospectives concernant les produits et services de Veeva, ainsi que les résultats ou avantages attendus de l'utilisation de nos produits et services. Ces déclarations sont basées sur nos attentes actuelles. Les résultats réels pourraient différer sensiblement de ceux énoncés dans le présent communiqué, et nous ne sommes pas tenus de mettre à jour ces déclarations. Il existe de nombreux risques susceptibles d'avoir un impact négatif sur nos résultats, notamment les risques et incertitudes mentionnés dans notre rapport sur le formulaire 10-Q pour l'exercice clos le 31 juillet 2026, que vous pouvez consulter ici (un résumé des risques susceptibles d'avoir une incidence sur nos activités figure aux pages 33 et 34), ainsi que dans nos documents déposés ultérieurement auprès de la SEC, consultables à l'adresse sec.gov.
TDS stáhla nabídku na odkup zbývajících kmenových akcií Array Digital Infrastructure, které nevlastní, a ponechá si asi 82% podíl. Firma zároveň očekává obnovení zpětného odkupu vlastních akcií.
, /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) (the "Company" or "TDS") today announced that it is no longer pursuing the acquisition of the Common Shares of Array Digital Infrastructure, Inc. (NYSE: AD) ("Array") that it does not already own and has withdrawn its previously announced proposal. Under the terms of the proposal, each Array Common Share not owned by TDS would have been exchanged for 0.86 of a TDS Common Share, subject to the assumptions set forth in the proposal. TDS will continue to hold its approximately 82% ownership interest in Array.
"While we remain confident that the combination presents substantial benefits, we no longer believe that now is the right time to complete such a transaction. Despite extensive review on both sides, we were not able to reach agreement on the form of consideration and value," said Walter Carlson, President and Chief Executive Officer of TDS. "We appreciate the time and effort that the Special Committee of the Board of Directors of Array devoted to this process. We remain confident in Array's business and long-term prospects and are committed to supporting Array's continued success as a leading owner and operator of wireless communications infrastructure. Similarly, we remain confident in the long-term prospects of TDS Telecom as we execute our strategy to expand our marketable fiber service footprint and deliver value for customers and our shareholders."
TDS continues to support Array's previously disclosed intention to opportunistically monetize its remaining wireless spectrum assets. TDS and Array intend in the near term to increase their efforts to pursue opportunities to monetize such assets.
With the withdrawal of the proposal to Array, TDS expects to recommence repurchases of TDS Common Shares under its previously announced share repurchase programs, including the additional $500 million share repurchase authorization announced in November 2025. As of June 30, 2026, approximately $523.9 million remained available under TDS's share repurchase programs. The timing, manner and amount of any repurchases will be determined by TDS in its discretion and will depend on market conditions, applicable legal requirements and other factors.
About TDS
Founded in 1969, Telephone and Data Systems provides broadband services and wireless infrastructure through its businesses, TDS Telecom and Array Digital Infrastructure, Inc.
About Array
Array is a leading owner and operator of shared wireless communications infrastructure in the United States. With over 4,400 cell towers in locations from coast to coast, Array enables the deployment of 5G and other wireless technologies throughout the country. Headquartered in Chicago, Array is approximately 82% owned by TDS.
For more information about TDS and its subsidiaries, visit:
This communication contains forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, which reflect TDS' current estimates, expectations and projections about TDS' and Array's future results, performance, prospects and opportunities. Such forward-looking statements may include, among other things, statements regarding TDS' and Array's efforts to monetize Array's remaining spectrum assets, the timing and results of such efforts, TDS' plans to repurchase TDS Common Shares and the timing and amount of any such repurchases, and any other statements regarding TDS' or Array's future operations, anticipated business levels, future earnings, planned activities, anticipated growth, market opportunities, strategies, competition and other expectations and estimates for future periods.
Forward-looking statements include statements that are not historical facts and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "plan," "may," "should," "will," "would," "project," "forecast" and similar expressions. These forward-looking statements are based upon information currently available to TDS and are subject to a number of risks, uncertainties and other factors that could cause TDS' and Array's actual results, performance, prospects, or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. The TDS business is subject to the risks and uncertainties described in TDS' Annual Report on Form 10-K on file with the Securities and Exchange Commission and from time to time in other filed reports, including TDS' Quarterly Reports on Form 10-Q. Shareholders, potential investors and other readers are urged to consider these factors in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements.
The forward-looking statements included in this communication are made only as of the date of this communication, and TDS undertakes no obligation to update any forward-looking information contained in this communication, or with respect to the announcement described herein, to reflect subsequent events or circumstances.
HCA prudce snížila celoroční výhled zisku za rok 2026 po slabší skladbě plátců, která ve čtvrtletí zasáhla tržby asi o 400 milionů USD. Akcie po zprávě klesly o 27,14 USD, tedy o 6,95 %, na 363,60 USD.
NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of HCA Healthcare, Inc. ("HCA" or the "Company") (NYSE: HCA). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether HCA and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On July 14, 2026, HCA issued a press release reporting its preliminary financial and operating results for the second quarter of 2026. Among other items, HCA sharply lowered its full-2026 profit guidance, citing an unfavorable shift in the Company's payer mix, which impacted revenue by approximately $400 million in the quarter.
On this news, HCA's stock price fell $27.14 per share, or 6.95%, to close at $363.60 per share on July 14, 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.
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Enovix uvedl, že jeho baterie pro drony a obranu vyráběné v Jižní Koreji splňují TAA, což posiluje dodávky pro americké vládní obranné programy. Kapacitu vlastní výroby dronových baterií v Koreji zdvojnásobí do poloviny roku 2027.
In-house Drone Battery Production Capacity to Double by Mid-2027 | Source: Enovix Corporation
FREMONT, Calif., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Enovix”), a developer and manufacturer of advanced lithium-ion batteries, including proprietary silicon-anode architectures, highlighted that its drone and defense battery portfolio manufactured in South Korea is compliant with the Trade Agreements Act (TAA), expanding the company’s ability to serve U.S. government defense programs. Enovix is doubling its in-house drone battery production capacity in South Korea by mid-2027 to support growing demand from the U.S. and allied government customers.
“Secure access to high-performance batteries is increasingly critical to the national security of the United States and its allies,” said Ryan Benton, Interim Chief Executive Officer of Enovix. “Achieving TAA compliance, combined with our planned capacity expansion in South Korea, strengthens our ability to support that mission with high-performance batteries produced at scale through a trusted supply chain.”
“Our customers are telling us clearly that they need high-performance batteries backed by a trusted supply chain and compliant production capacity at scale,” said Steve Bakos, Senior Vice President of Sales at Enovix. “With TAA compliance and expanded capacity from our own factories, Enovix is positioned to meet those requirements across a growing range of defense applications.”
As discussed in its second quarter 2026 earnings report, the company believes demand for high-performance batteries that meet U.S. government sourcing requirements could materially exceed available supply through the end of the decade. This dynamic is most visible today in aerial and naval drones, where Enovix’s opportunities alone exceeded $100 million during the second quarter of 2026.
Enovix’s drone battery scale-up is a direct response to what customers are asking of the company. It starts with a previously announced doubling of capacity at its owned and operated production facility in South Korea, which is underway with the new capacity to come online in 2027.
This Korean facility has a fully qualified defense production history of over two decades. Today, it already manufactures high-performance, silicon-blended graphite anode batteries — upgraded with the addition of silicon-carbon know-how from Enovix’s AI-1 technology — and traditional graphite anode batteries that are compliant with U.S. government sourcing requirements under the TAA and are on track to be manufactured in compliance with programs governed by the National Defense Authorization Act (NDAA).
These products are in production and generating revenue today across defense, drone and industrial markets. The capacity expansion of this Korean manufacturing center is timed to meet the escalating demand anticipated next year.
About Enovix
Enovix develops and manufactures advanced lithium-ion batteries, including proprietary silicon-anode architectures for smartphones, smart eyewear, defense, industrial and emerging edge-AI applications. Its proprietary silicon-anode battery architecture enables higher energy density and performance in space-constrained devices while maintaining safety and reliability, supporting commercialization across consumer and industrial markets.
Enovix is headquartered in Silicon Valley with facilities in India, Korea and Malaysia, serving customers globally. For more information visit https://enovix.com and follow us on LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or our future financial or operating performance and are identified by words such as anticipate, believe, could, estimate, expect, intend, may, might, plan, possible, potential, predict, project, should, will, would and similar expressions. Forward-looking statements in this press release include, but are not limited to, statements regarding: our drone battery scale-up, including the planned doubling of our drone battery production capacity in Korea and the expected timing for that capacity to come online; our plans to meet escalating demand; the inclusion of the MX-1 platform in our drone battery scale-up, its manufacture at our Korean facility, and expectations regarding compliance of our products with U.S. government sourcing requirements; expectations regarding demand for high-performance batteries that meet U.S. government sourcing requirements, including that such demand could materially exceed available supply through the end of the decade; the growth and conversion of our drone and defense pipeline and customer opportunities; and expectations that products manufactured at our Korean facility will be manufactured in compliance with programs governed by the NDAA. These statements are based on the current expectations of our management, are not predictions of actual performance, and actual results may differ materially from the future results, performance or achievements expressed or implied by the forward-looking statements. Risks, uncertainties and assumptions that could cause actual results to differ materially from the results and events anticipated by such forward-looking statements include, but are not limited to: risks associated with delays or adverse results in customer testing and qualification; challenges in scaling manufacturing capacity and bringing expanded capacity online on schedule; customer concentration and lengthy qualification, purchasing and adoption cycles, particularly in the defense sector; changes in U.S. government sourcing requirements or procurement policies; our ability to execute on our business strategy; and the other risks described in the disclosures contained in our filings with the Securities and Exchange Commission (“SEC”), including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of our annual report on Form 10-K and quarterly reports on Form 10-Q, and other documents that we have filed, or will file, with the SEC. These documents are available in the SEC Filings section of the Investor Relations page at https://ir.enovix.com and at www.sec.gov. It is not possible for us to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. Accordingly, you should not rely on any of the forward-looking statements. Any forward-looking statements in this press release speak only as of the date on which they are made. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Credo Technology Group oznámila zisk 1,2 USD na akcii a tržby 479 mil. USD za čtvrtletí, obojí nad odhady. Zisk byl také výrazně nad 0,52 USD před rokem.
Credo Technology Group Holding Ltd. (CRDO - Free Report) came out with quarterly earnings of $1.2 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +2.56%. A quarter ago, it was expected that this company would post earnings of $1.03 per share when it actually produced earnings of $1.16, delivering a surprise of +12.62%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Credo Technology Group, which belongs to the Zacks Electronics - Semiconductors industry, posted revenues of $479 million for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 0.69%. This compares to year-ago revenues of $223.07 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Credo Technology Group shares have added about 57.2% since the beginning of the year versus the S&P 500's gain of 12.3%.
What's Next for Credo Technology Group?While Credo Technology Group 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 Credo Technology Group was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.25 on $502.69 million in revenues for the coming quarter and $6.02 on $2.35 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Electronics - Semiconductors is currently in the top 17% 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.
Ambarella (AMBA - Free Report) , another stock in the same industry, has yet to report results for the quarter ended July 2026. The results are expected to be released on September 3.
This video-compression chipmaker is expected to post quarterly earnings of $0.16 per share in its upcoming report, which represents a year-over-year change of +6.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Ambarella's revenues are expected to be $108.03 million, up 13.1% from the year-ago quarter.
Credo Technology Group vykázala rekordní tržby za 1. fiskální čtvrtletí 2027 ve výši 479 milionů USD, což je meziročně o 115 % více. Firma zároveň ve 2. čtvrtletí očekává tržby 525 až 535 milionů USD.
AMD’s Helios Launch Could Create Winners Beyond AMD StockCredo Technology Group NASDAQ: CRDO reported record fiscal first-quarter 2027 revenue of $479 million, up 10% sequentially and 115% from a year earlier, as demand for AI infrastructure connectivity products continued to expand.
Chief Executive Officer Bill Brennan said the company’s growth has been supported by rising AI cluster sizes, faster data rates and increasing requirements for reliable, power-efficient connectivity. Credo recorded its seventh consecutive quarter of triple-digit year-over-year revenue growth, according to management.
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5 AI Stocks Are Pulling Back—Which Growth Catalysts Still Look Strongest?“AECs continue to grow. Optics is growing faster,” Brennan said, referring to active electrical cables and the company’s expanding optical portfolio.
Profitability and second-quarter outlook Chief Financial Officer Dan Fleming said non-GAAP gross margin was 68% in the first quarter, while non-GAAP operating income totaled $230.6 million and non-GAAP operating margin was 48.2%.
3 Quiet AI Revenue Accelerators With Sales Growth Outpacing PeersNon-GAAP net income reached a record $236.3 million, up 4% sequentially and more than doubling from the prior-year period. Non-GAAP net margin was 49.3%.
Cash flow from operations was $90.2 million, while capital expenditures were $7.3 million, resulting in free cash flow of $82.9 million. The company ended the quarter with $764.3 million in cash and equivalents, down $679 million from the prior quarter primarily because of the cash outlay for its DustPhotonics acquisition. Ending inventory rose $62.2 million sequentially to $313.1 million.
For the fiscal second quarter, Credo forecast:
Revenue of $525 million to $535 million. Non-GAAP gross margin of 67% to 69%. Non-GAAP operating expenses of $100 million to $105 million. Diluted weighted-average share count of about 200 million shares. Fleming said the outlook is based on the current tariff regime, which he described as fluid. For fiscal 2027, the company continues to expect more than 85% year-over-year total revenue growth, non-GAAP gross margin broadly in line with fiscal 2026 levels, and non-GAAP net margin near 50%.
Optics targeted as a new growth engine Management reiterated its expectation for more than $600 million in optical revenue during fiscal 2027. The company expects its optical digital signal processors, silicon photonics PICs and ZeroFlap Optics offerings to each contribute more than $100 million during the year.
Credo’s optical DSP business generated record first-quarter revenue, including deployments of 50G- and 100G-per-lane products. Brennan said the company expects initial 1.6T DSP revenue later in fiscal 2027 and sees a continuing market for 800G ports during the transition to higher speeds.
The company also recognized its first silicon photonics PIC revenue following the DustPhotonics acquisition. Initial wins are in 800G and 1.6T optical transceivers, with products expected to ramp through the year. Brennan said the first two major DustPhotonics-related design wins do not include Credo DSPs, leaving potential for combined DSP and PIC sales over time.
Credo is also pursuing near-package optics, or NPO, for scale-up networks, where management expects denser form factors will be needed. The company joined an Open Compute Project MSA consortium and expects confirmed NPO design wins to begin ramping in fiscal 2028. Brennan said Credo plans to lead with silicon photonics PICs in NPO-related opportunities while also considering complete optical-engine offerings over the longer term.
ZeroFlap, AEC and emerging products Production shipments of ZeroFlap Optics are underway, with additional customer ramps expected in fiscal 2027 across 800G and 1.6T products for hyperscalers and neo clouds. The offering combines optical hardware, Credo’s PILOT software platform and switch-level software development kit integration to monitor link health and identify potential instability.
Brennan said the system is designed to identify deteriorating link conditions before a failure occurs, allowing customers to mitigate issues. He said telemetry can track measures including eye height, signal-to-noise ratio and post-forward-error-correction histograms, and can also help identify potential electrostatic-discharge damage or dust-related fiber issues.
Active electrical cables remained Credo’s largest business and continued to grow, supported by relationships with five hyperscalers and expanding neo cloud engagement. The company expects higher data rates, including a move toward 200G per lane and 1.6T ports, to provide another growth driver. Brennan said AEC contributions at 1.6T should begin in the second half of fiscal 2027 and become more significant in fiscal 2028.
Retimer revenue also reached a record in the first quarter, driven primarily by scale-up deployments of the Screaming Eagle product at 100G per lane and initial contributions from Blue Heron at 200G per lane.
Looking further ahead, Credo plans to demonstrate Active LED Cable solutions at OFC in October and remains on track for initial revenue in fiscal 2028. The company also expects OmniConnect SerDes and Weaver Gearbox solutions, aimed at memory bandwidth and capacity constraints in AI inference systems, to begin contributing revenue in fiscal 2028.
Customer concentration and investment Credo’s four largest customers represented 33%, 28%, 13% and 10% of first-quarter revenue, respectively, Fleming said. Management expects three to four customers to account for more than 10% of revenue in coming quarters while continuing to diversify across hyperscalers, neo clouds and other customers.
First-quarter non-GAAP operating expenses rose 16% sequentially to $95.2 million, exceeding the company’s guidance range because of research-and-development investment. For the full fiscal year, Credo expects operating expenses to rise about 55% year over year, below its anticipated revenue growth rate, as it funds new product development and broader market opportunities.
About Credo Technology Group (NASDAQ:CRDO)Credo Technology Group, Inc NASDAQ: CRDO is a fabless semiconductor company that develops high‑speed connectivity solutions for cloud, enterprise and telecommunications infrastructure. The company focuses on semiconductors and related IP that enable reliable, low‑latency movement of large volumes of data between servers, switches and optical modules in data centers and network equipment.
Credo's product portfolio centers on high‑speed analog and mixed‑signal devices designed to preserve signal integrity and extend reach over copper and optical links.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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GitLab oznámil zisk 0,24 USD na akcii a tržby 286,25 milionu USD za čtvrtletí končící v červenci 2026, čímž překonal odhady. Zisk i tržby byly nad konsensem už počtvrté za poslední čtyři čtvrtletí.
GitLab Inc. (GTLB - Free Report) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +33.33%. A quarter ago, it was expected that this company would post earnings of $0.2 per share when it actually produced earnings of $0.23, delivering a surprise of +15%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Gitlab, which belongs to the Zacks Internet - Software industry, posted revenues of $286.25 million for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 4.74%. This compares to year-ago revenues of $235.96 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Gitlab shares have added about 24% since the beginning of the year versus the S&P 500's gain of 12.3%.
What's Next for Gitlab?While Gitlab 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 Gitlab 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 $0.18 on $281.04 million in revenues for the coming quarter and $0.81 on $1.12 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, UiPath (PATH - Free Report) , has yet to report results for the quarter ended July 2026. The results are expected to be released on September 3.
This enterprise automation software developer is expected to post quarterly earnings of $0.15 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
UiPath's revenues are expected to be $397.59 million, up 9.9% from the year-ago quarter.
Na Planet Fitness byla podána hromadná žaloba kvůli údajnému podvodu s cennými papíry. Firma po slabším začátku roku snížila výhled na rok 2026 a akcie 7. května 2026 spadly o 31,19 % na 44,01 USD za akcii.
NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Planet Fitness, Inc. (“Planet Fitness” or the “Company”) (NYSE: PLNT). 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 Planet Fitness and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until September 14, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Planet Fitness 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 May 7, 2026, Planet Fitness reported its first quarter 2026 financial results and updated its full-year outlook. Among other items, Planet Fitness disclosed that “2026 is off to a slower than expected start from a net member growth perspective” as the Company faced “internal and external headwinds during our peak sign-up period.” The Company further disclosed that it was pausing its planned national Black Card price increase pending a broader pricing review. In addition, Planet Fitness stated that, based on “lower net joins than planned in the first quarter” and the decision to pause the Black Card price increase, it was reducing several of its 2026 growth expectations. The Company lowered expected system-wide same club sales growth to approximately 1%, compared to its prior guidance of 4% to 5%; revenue growth to approximately 7%, compared to prior guidance of approximately 9%; adjusted EBITDA growth to approximately 6%, compared to prior guidance of approximately 10%; adjusted net income to a decrease of approximately 2%, compared to prior guidance of 4% to 5% growth; and adjusted diluted EPS growth to approximately 4%, compared to prior guidance of 9% to 10%.
On this news, Planet Fitness’s stock price fell $19.95 per share, or 31.19%, to close at $44.01 per share on May 7, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Pomerantz LLP vyšetřuje Pegasystems kvůli možnému podvodu s cennými papíry po slabých výsledcích za 2. čtvrtletí 2026. Akcie po oznámení klesly o 4,95 USD, tedy o 16 %, na 25,99 USD.
NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Pegasystems Inc. (“Pegasystems” or the “Company”) (NASDAQ: PEGA). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Pegasystems and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On July 21, 2026, Pegasystems reported its financial results for the second quarter of 2026. Among other items, Pegasystems reported earnings per share and total revenue that significantly missed consensus expectations, as well as a decline in year-over-year total Annual Contract Value growth relative to the previous quarter. Pegasystem’s management acknowledged that rapid shifts in the broader AI market had caused enterprise clients to elongate decision cycles and delay software purchases, a headwind expected to weigh on growth through the rest of 2026.
On this news, Pegasystem’s stock price fell $4.95 per share, or 16%, to close at $25.99 per share on July 22, 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.
Manulife Financial Corporation umístila veřejnou nabídku subordinovaných dluhopisů v USA v objemu 750 mil. USD se splatností v roce 2041 a kupónem 6.146 %.
, /PRNewswire/ -- Manulife Financial Corporation (NYSE: MFC) (the "Company") today announced that it has priced a public offering in the United States of U.S.$750,000,000 aggregate principal amount of 6.146% subordinated notes due 2041 (the "Notes") at a public offering price of 100.000%. The Notes are anticipated to qualify as Tier 2 regulatory capital of the Company.
The Notes are expected to be issued on September 11, 2026 and will bear interest at a fixed annual rate of 6.146% for the period from, and including, the issue date to, but excluding, September 11, 2036 (the "Reset Date"), and, during the period from, and including the Reset Date to, but excluding, September 11, 2041, at an annual rate equal to the CMT Rate (as defined in the prospectus supplement) determined on the third business day immediately preceding the Reset Date plus a spread of 1.350%. The Company may, at its option, redeem the Notes, in whole at any time or in part from time to time, with the prior written approval of the Superintendent of Financial Institutions (Canada) (the "Superintendent"), on or after September 11, 2031 and prior to the Reset Date at the applicable make-whole redemption price described in the prospectus supplement. The Company may also redeem the Notes, in each case, in whole, but not in part, with the prior written approval of the Superintendent, (i) on the Reset Date, (ii) at any time within 90 days following a specified regulatory event or (iii) at any time following a specified tax event, in each case, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest thereon to, but excluding, the date of redemption.
The offering was made pursuant to a preliminary prospectus supplement, dated September 1, 2026, to the Company's registration statement declared effective by the Securities and Exchange Commission (the "SEC") on September 29, 2025.
The Company intends to use the net proceeds from the sale of the Notes for general corporate purposes, which may include future refinancing requirements.
BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering.
This release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A prospectus supplement and the accompanying prospectus related to the offering have been filed with the SEC and are available on its website at www.sec.gov. Copies of the prospectus supplement and accompanying prospectus, when available, may be obtained by contacting BofA Securities, Inc., 201 North Tryon Street, NC1-022-02-25, Charlotte, NC 28255-0001; Attention: Prospectus Department; Email: [email protected]; Telephone: 1-800-294-1322; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717; Email: [email protected]; Telephone: 1-800-831-9146; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, Attention: Prospectus Department, 1155 Long Island Avenue, Edgewood, NY 11717; Email: [email protected]; Telephone: 1-212-834-4533; or Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department; Email: [email protected]; Telephone: 1-866-718-1649.
The securities will not be offered or sold, directly or indirectly, in Canada or to any resident of Canada.
About Manulife
Manulife Financial Corporation is a leading international financial services provider, headquartered in Toronto, Canada. Anchored in our ambition to be the number one choice for customers, we operate as Manulife across Canada and Asia, and primarily as John Hancock in the United States, providing financial advice, insurance and health solutions for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment solutions, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2025, we had more than 37,000 employees, over 106,000 agents, and thousands of distribution partners, serving over 37 million customers with operations across 25 markets globally. We trade as 'MFC' on the Toronto, New York, and Philippine stock exchanges, and under '945' on the Hong Kong stock exchange.
Media Relations:
Fiona McLean
Manulife
437-441-7491
[email protected]
Pomerantz LLP vyšetřuje možné porušení pravidel ze strany Klarna a některých jejích vedoucích pracovníků. Firma po výsledcích za 2. čtvrtletí snížila celoroční výhled tržeb na 4,08 až 4,16 miliardy USD z více než 4,34 miliardy USD.
NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Klarna Group plc (“Klarna” or the “Company”) (NYSE: KLAR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Klarna and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On or around September 10, 2025, Klarna completed its initial public offering (“IPO”), selling 34.3 million shares priced at $40.00. Then, on August 18, 2026, Klarna announced its financial results for the second quarter of 2026. Among other items, Klarna significantly lowered its full-year 2026 revenue forecast to a range of $4.08 billion to $4.16 billion, down sharply from previous guidance of more than $4.34 billion. Klarna also announced that the Company’s Chief Financial Officer and Chief Marketing Officer would both depart Klarna early in 2027.
On this news, Klarna’s ordinary share price fell $4.45, or 22.81%, to close at $15.06 per share on August 18, 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.
Tesla je zhruba 30 % pod svým maximem, zatímco dodávky vzrostly o 25 % a energetické úložiště o 40 %. Trh teď čeká na představení produkční verze Cybercab 3. září v Austinu.
I keep hearing people say they want to own Tesla (TSLA -3.22%) stock but are waiting for a better price, and I understand the instinct, because the stock has swung between $297.38 to $498.83 over the past year. The problem is that Tesla is already 30% off its high while deliveries grew 25% and energy storage jumped 40%, so the discount everyone is waiting for may already be here.
Tesla is down roughly 17% over the past four weeks, and I think that pullback is the entry point rather than a reason to wait for a deeper one.
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Where the stock sits Tesla trades today roughly 25% below its 52-week high, and about 23% above its 52-week low. Over the past 12 months, the stock has risen by 9.5%, meaning a year of operational progress has produced half the average price appreciation of the S&P 500, which is up by about 19%. Tesla's forward price-to-earnings ratio sits near 207, with a trailing multiple of about 340, so nobody is buying the stock based on its current earnings math. If you're buying it at all, you're doing so based on your view of what the company is building.
Image source: Getty Images.
Second-quarter deliveries hit 480,126 electric vehicles (EVs), up 25% year over year, compared with 451,758 vehicles produced. The energy storage business deployed 13.5 GWh of capacity in the quarter, up 40% from 9.6 GWh in the prior-year quarter and up 53% from the 8.8 GWh it deployed in 2026's first quarter. It was Tesla's second-largest quarterly increase in storage ever, behind only the 14.2 GWh it added in the fourth quarter of 2025. Cumulative deployments now exceed 132 GWh since 2016, with 22.3 GWh in the first half of 2026 alone.
Tesla's network of Powerwalls -- rechargeable home batteries that store electricity for later use, including during power outages -- supported more than 89,000 virtual power plant events across over 1 million installed units, saving homeowners more than $1 billion on electricity bills. Megapack 3 and Megablock production are starting at Megafactory Houston this year.
Why the next few weeks matter Tesla will unveil the production version of the Cybercab at a launch event on Sept. 3 in Austin. Pilot production started in February at Gigafactory Texas, and by July, hundreds of units had been spotted near the plant. The production specs are public: a 48-kWh battery, a single-motor setup producing 219 horsepower, roughly 293 miles of EPA range, no steering wheel or pedals, and a target price of $30,000. Tesla's stated annual goal is to produce 2 million Cybercabs per year at full design capacity across multiple factories.
Mass production of the Optimus Gen 3 robot began at the company's Fremont factory on Jan. 21, with roughly 300 units in Tesla factories running in a learning phase, and a planned $20,000 to $30,000 target price at scale. Tesla ended production of the Model S and Model X at Fremont this spring, specifically to free up capacity to manufacture the robots.
How I would actually buy it First, a risk to consider: Tesla pulled its production volume guidance for the Cybertruck, Semi, and Megapack 3 from 2026 in its second-quarter letter, and removed the language on Optimus volume production entirely. Its capital expenditures will run to $25 billion this year, about three times historical levels. The more than doubled its on-site compute capacity in Texas in the first half of 2026 and is targeting nearly 400 MW by year's end. That spending is compressing Tesla's near-term margins.
Position sizing will do more work for you than entry timing here. For a stock with this type of volatility profile, I cap the size of my equity allocation to 2% to 5% of my portfolio, then build my position with gradual purchases on a set schedule rather than by making a single lump-sum buy. Tesla pays no dividend, so every dollar of return on this investment will depend on how it executes on its Cybercab, Optimus, and energy storage plans. If those land, waiting to buy until the stock dips by another 20% dip from its current $365 could look like a costly error.
Nebius zvýšil cíl nasmlouvané kapacity do konce roku 2026 na 5 GW, a to už potřetí za šest měsíců. Firma zároveň uvedla, že její tržby za 2. čtvrtletí vzrostly meziročně o 454 % na 582,3 milionu USD.
In February, Nebius Group (NBIS -3.29%) told investors to expect more than 3 gigawatts (GW) of contracted power by the end of 2026. In May, the target became more than 4 GW. In August, alongside second-quarter results, the artificial intelligence (AI) cloud provider raised it again, to 5 GW.
Contracted power is the raw material of Nebius' business. It's the electricity capacity the company has secured for data centers that rent out graphics processing units (GPUs). Three raises in six months say the company keeps finding more of it, faster than it expected. That escalation has my attention.
Nebius carries a market value of about $56 billion, with shares just above $200 as of this writing. Its revenue over the past 12 months was about $1.4 billion.
What does 5 GW of power have to earn to justify a price like that?
Image source: Getty Images.
Three raises in six monthsThe escalation is the company's own, laid out in its August shareholder letter. A year ago the target was more than 1 GW. It became more than 2.5 GW in November, more than 3 GW in February, more than 4 GW in May, and 5 GW now.
The business underneath is scaling almost as fast.
Second-quarter revenue grew 454% year over year to $582.3 million, with the core AI cloud business contributing about 98% of the total. Annualized run-rate revenue reached $3.0 billion at the end of June -- up 598% year over year, and up 56% from $1.9 billion just three months earlier.
Profitability is arriving with scale, too. The AI cloud business produced an adjusted EBITDA margin of 50% in the quarter, up from 45% in the first quarter and 24% in the fourth quarter of 2025. Companywide, adjusted EBITDA swung to a positive $236 million from a loss a year earlier. (EBITDA is earnings before interest, taxes, depreciation, and amortization.)
Each megawatt is worth more than it used to beNebius closed four landmark deals in the second quarter, averaging more than $1 billion in total contract value, with AI developers Reflection and Cohere among the customers. The company said those deals carry annual contract value of $20 million to $25 million per megawatt.
That is up from about $12 million per megawatt on its 2026 base of business. And early third-quarter short-term capacity deals are pricing above $40 million per megawatt. All told, the company counts $40 billion in customer commitments.
So what could the full target earn? If Nebius eventually deployed all 5 GW (5,000 megawatts) and sold it at even the older $12 million rate, the implied revenue would be about $60 billion a year. At the second quarter's deal prices, the figure could be far higher.
Against a $56 billion market value, that is the bull case in one calculation.
The capacity can't arrive all at onceHowever, contracted power is not deployed power, and deployed power is what generates revenue. Nebius says it plans to bring more than 1 GW of capacity online per year starting in 2027. At that pace, turning 5 GW of contracts into running data centers is a project that can stretch toward the end of the decade.
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The spending, meanwhile, is immediate. Nebius spent $5.7 billion on property and equipment in the second quarter alone, and management expects $20 billion to $25 billion of capital expenditures for the full year. The company still runs at an operating loss ($176 million in the second quarter), and its quarterly depreciation and interest costs are climbing fast as the build-out compounds.
Of course, customer prepayments help. The company expects more than $9 billion of them in 2026, and prepayments covered 50% to 60% of the capital spending tied to recent deals. The capital markets supply much of the rest, including a convertible note sale that closed in August with about $5.75 billion of gross proceeds. But the model still consumes enormous amounts of money before it returns any.
Even so, management reaffirmed its full-year guidance, including revenue of $3 billion to $3.4 billion and a year-end run-rate target of $7 billion to $9 billion. Hit the top of that range, and today's market value works out to about six times year-end run-rate revenue. For growth like this, that's arguably a fair price. But it leaves no room for deployment delays, softer GPU pricing, or a pause in AI spending.
I believe the contracts will become revenue -- the customers are signed, and the price per megawatt keeps rising. Still, most of those megawatts won't produce a dollar until 2027 or later, and the building costs land now. I'm watching Nebius closely, but I'm not buying shares yet.
, /PRNewswire/ -- The Board of Directors of Royal Caribbean Group (NYSE: RCL) today declared a quarterly dividend of $1.50 per common share payable on October 8, 2026, to shareholders of record at the close of business on September 17, 2026.
About Royal Caribbean Group
Royal Caribbean Group is a leading global vacation company spanning cruise, one-of-a-kind destinations, and land-based vacation experiences. The company operates 71 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands - Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises, which operates the Mein Schiff and Hapag-Lloyd brands.
The Group is expanding its portfolio of private destinations through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.
Named to the Fortune World's Most Admired Companies 2026 list and to Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit royalcaribbeangroup.com.
GoPro uzavře definitivní fúzi se Starman Optical a rozšíří se do datových center s umělou inteligencí a na obranné trhy. Akcie po zprávě uzavřely o 40 % výše.
GoPro is joining the artificial intelligence craze.
The action camera maker announced on Tuesday it would enter into a definitive merger with Starman Optical, a private photonics company, and expand into AI data center and defense markets, according to a release.
"We expect this merger to enable GoPro to grow across consumer, commercial and defense markets as a leading American imaging and optical solutions company, addressing important areas of national security related to cameras, optics and AI infrastructure," said GoPro CEO Nicholas Woodman in the release.
Shares closed up 40% following the news. GoPro declined to share additional details about the move.
As part of the deal, the company's shareholders will receive a $285 million cash payment, or $1.14 per share, and the stock will remain listed on the Nasdaq.
One of the shareholders benefiting most from the news is Youtuber Markiplier, who acquired a massive 8.5% stake, according to a July 13 filing. Private equity firm BlackRock also disclosed a 6.4% stake earlier this summer.
Since going public back in 2014, when it debuted at $38 a share, GoPro has struggled to gain the confidence of investors in the years since, trading at penny stock levels until a few days ago.
The company also said its $92 million debt will be repaid at the deal closing, and that it "will continue to fully support its existing consumer products and its subscription and cloud platform while investing in growth and a broader, diversified product roadmap."
GoPro isn't the only well-known consumer name eyeing the AI boom.
In April, struggling retailer Allbirds announced it would pivot away from making its sustainable shoes into AI compute and hardware, rebranding itself as Smartbird.
"People always roll their eyes when it's something they don't understand," said Smartbird CEO Nadia Carlsten said in an interview on CNBC's "The Exchange" last week.
"It's about building a product, building a pipeline of customers, making sure that the world understands what it is that you're building, getting customers to sign contracts to actually sell them your product and so on," she added.
Read more CNBC tech newsApple enters John Ternus era as AI challenges and memory crunch intensifyGoPro joins AI bonanza with pivot into data centers as shares skyrocket 40%AI data center play SB Energy, which is backed by Softbank and Nvidia, files for IPOWaymo and Zoox expand into more U.S. markets as robotaxi race heats up
EU antimonopolní regulátoři se zaměřují na licenční praktiky Oracle a shromažďují informace od třetích stran. Zatím ale neprobíhá žádné formální vyšetřování.
The licensing practices of U.S. cloud computing company Oracle (ORCL.N) are on the radar of EU antitrust regulators, a person familiar with the matter said, in a case similar to one involving German rival SAP (SAPG.DE) which was settled with concessions in July.
The European Commission, which acts as the EU competition enforcer, is seeking information from third parties on the issue, the person said.
This could help regulators build up a case or drop it if there is no evidence of any wrongdoing.
Oracle did not immediately respond to an emailed request for comment.
"The commission will continue to monitor possible further anticompetitive practices and abusive conduct in this sector. At this stage, however, there is no formal investigation into any company," a commission spokesperson said.
In July, SAP offered to make it easier for customers to switch to rival service providers or end their contracts, averting a potential fine that could be as much as 10% of its global annual turnover.
News agency MLex was the first to report on the EU scrutiny of Oracle's licensing practices.
Na HDFC Bank byla podána hromadná žaloba kvůli podezření z podvodů s cennými papíry a nelegálních praktik. Investoři mají čas do 13. října 2026 na podání žádosti o jmenování hlavním žalobcem.
NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against HDFC Bank Limited (“HDFC” or the “Company”) (NYSE: HDB). 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 HDFC and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until October 13, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired HDFC 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 March 18, 2026, during U.S. market hours, HDFC filed a letter with the Bombay Stock Exchange and the National Stock Exchange of India Limited, reporting the resignation of Mr. Atanu Chakraborty from his roles as part-time Chairman and Independent Director of HDFC. The Company’s letter attached Mr. Chakraborty’s resignation letter, which stated that “[c]ertain happenings and practices within the bank, that I have observed over last two years, are not in congruence with my personal Values and Ethics. This is the basis of my aforementioned decision.”
On this news, the price of HDFC’s American Depositary Shares (“ADS”) fell $2.09, or 7.28% to close at $26.62 per share on March 18, 2026, on unusually heavy trading volume.
On May 27, 2026, before the market opened, The Indian Express published an article entitled “HDFC Bank ‘camouflaged’ crores as marketing spend to pay higher interest to state firm.” The article reported that HDFC Bank had made covert payments of approximately “Rs 45 crore,” or approximately $4.7 million USD, to the Maharashtra State Road Development Corporation (“MSRDC”) to induce MSRDC to make large deposits with the Company. The Company offered 6.01% interest to MSRDC, a 2.51% markup over the interest offered to other savings accounts, and paid that markup by “disguis[ing] [it] as sponsorship payments for a road safety awareness campaign run by MSRDC.” Reportedly, an internal probe in March and April 2026 concluded that over ten top officials bore responsibility, including HDFC’s CEO Sashidhar Jagdishan.
On this news, HDFC’s ADS price fell $1.02, or 4.11%, to close at $23.78 per ADS on May 27, 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.
RTX (RTX -1.24%) is one of the world's largest defense companies by revenue, and it's posting strong sales and earnings growth amid a tense geopolitical backdrop and rising military spending. The company's revenue rose 14% year over year to $24.7 billion in the second quarter, and non-GAAP (generally accepted accounting principles) adjusted earnings per share increased 21% to $1.89.
Strikingly, the company's backlog -- deals that have been signed but not yet delivered or recorded as revenue -- increased by 22% compared to the prior-year period, reaching $289 billion. But while RTX's massive backlog is undeniably impressive, its composition might not be what you would expect.
Image source: Getty Images.
RTX isn't just a defense leader. The company also operates a commercial aerospace division, which accounted for 48% of overall revenue in its last fiscal year.
As of the company's second-quarter report, roughly 60% of its $289 billion backlog was orders for its commercial aerospace business -- with the remaining 40% coming from defense orders. The key takeaway here is that RTX's order book is actually meaningfully diversified, and the backlog suggests a strong sales outlook in the coming years.
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Its backlog is likely even stronger than reported for Q2, with the company recently announcing it had secured a seven-year contract to provide Tomahawk cruise missiles to the U.S. military. The contract is worth $22.9 billion over the stretch.
RTX's latest guidance update calls for sales to come in between $95 billion and $96 billion this year. With the company's backlog showing a robust order pipeline and catalysts that could continue to push defense orders higher, the business has solid foundations and an encouraging growth outlook.
Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends RTX. The Motley Fool has a disclosure policy.
Na společnost Intuit byla podána hromadná žaloba kvůli údajným zavádějícím tvrzením o růstu a síle byznysu, zejména TurboTax. Firma zároveň přiznala slabší daňové tržby a snížila výhled růstu TurboTax na 7 %.
NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Intuit Inc. (“Intuit” or the “Company”) (NASDAQ: INTU) and certain officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 26-cv-07086, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Intuit securities between August 22, 2025 and May 20, 2026, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are an investor who purchased or otherwise acquired Intuit securities during the Class Period, you have until September 8, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
Intuit provides financial management, payments and capital, compliance, and marketing products and services in the United States. The Company has four reportable business segments: (i) Global Business Solutions; (ii) Consumer; (iii) Credit Karma; and (iv) ProTax. Intuit’s Consumer segment provides do-it-yourself (“DIY”) and assisted income tax preparation products and services under the “TurboTax” brand name, whereas its ProTax segment provides tax-preparation software products and electronic tax filing, payment, and related products and services. The Company sells its products and services through direct sales channels, multichannel shop-and-buy experiences, mobile application stores, and partner and other channels.
At all relevant times, Defendants touted purportedly significant “momentum” across Intuit’s various business segments, particularly with respect to its tax-related business. Defendants attributed this purported “momentum” to, inter alia, Intuit’s purportedly significant competitive advantages, including integration of artificial intelligence (“AI”) in its business and operations.
For example, in August 2025, Defendants provided financial guidance for Intuit’s fiscal full year (“FY”) of 2026, ended July 31, 2026, including 8% revenue growth in its TurboTax business, citing “outstanding execution across our platform” and “breakthrough adoption in assisted tax” as a result of the aforementioned purported competitive advantages.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) they had overstated Intuit’s competitive advantages and growth, as well as the overall strength and sustainability of its business model and operations; (ii) in reality, Intuit was losing significant business in its tax-related business, particularly in its TurboTax business, as a result of, inter alia, increasing competitive and pricing pressures; (iii) accordingly, Intuit’s previously issued FY 2026 TurboTax revenue growth guidance was unreliable and/or unrealistic; and (iv) as a result, Defendants’ public statements were materially false and misleading at all relevant times.
The truth began to emerge on May 20, 2026, when, during pre-market hours, Reuters published an article entitled “Intuit to cut 17% of global jobs to streamline operations, memo shows”. Citing an internal Company memorandum and email from Defendant Sasan K. Goodarzi (“Goodarzi”), Intuit’s Chairman and Chief Executive Officer, to staff earlier in the day, the article reported that “Intuit . . . is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus on its key bets including its AI efforts[.]” The article further revealed that Intuit “is also winding down its Reno and Woodland Hills offices as part of a strategic restructuring to consolidate teams in key hubs, according to the memo.”
On this news, Intuit’s stock price fell $15.78 per share, or 3.95%, to close at $383.93 per share on May 20, 2026.
The same day, during post-market hours, Intuit issued a press release announcing its fiscal third quarter (“Q3”) 2026 results. Therein, Defendants reported weak Q3 2026 tax season revenue, including, inter alia, TurboTax revenue that grew by only 7% year-over-year, versus consensus estimates of at least 8% revenue growth. During the accompanying earnings call held the same day, also during post-market hours, Defendant Sandeep S. Aujla, Intuit’s Executive Vice President and Chief Financial Officer, acknowledged that, with respect to TurboTax, “we did not have the overall tax season we expected[.]” On the same call, Defendant Goodarzi likewise stated that he was “dissatisfied with our performance”, noting “[w]e faced pressure among the most price-sensitive DIY filers earning less than $50,000 a year”, and that “[w]e lost on price.” Defendant Goodarzi also revealed that TurboTax online paying units were expected to grow by only 2% as total Internal Revenue Service filers were expected to decline by approximately 30 basis points, representing the “most significant industry-wide contraction since the post-COVID tax season.” Accordingly, Defendant Goodarzi acknowledged that “we expect TurboTax to grow 7% for the full year”—down from Defendants’ prior guidance of 8% growth—and that, “[t]o reaccelerate this part of our business,” Defendants will need to “evolve our business model by delivering the right lineups and price points to meet simple filers’ needs at the low end and lean into the power of our broader Consumer platform to monetize beyond tax.”
Following these disclosures, Intuit’s stock price fell $76.86 per share, or 20.02%, to close at $307.07 per share on May 21, 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 billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Palo Alto Networks oznámila za 4. čtvrtletí výnosy 3,41 miliardy USD a upravený EPS 1,02 USD, obojí nad odhady. Výhled výnosů na 1. čtvrtletí i FY27 také překonal očekávání.
Live 4 updates · Last at 4:44pm ET Updates appear automatically.
By Thomas Richmond · Updated Sep 1, 4:44pm ET · Published Sep 1, 2:35pm ET
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Live UpdatesNewest first
That wraps up our initial coverage of Palo Alto’s Q4 results. Thank you for stopping by!
Palo Alto Networks just reported earnings with shares initially up 6% following the report. Here are the key numbers:
Revenue: $3.41 billion vs. $3.35 billion expected Adjusted EPS: $1.02 vs. $0.98 expected NGS ARR: $9.10 billion, up 63% year over year Free Cash Flow: $1.3 billion Guidance:
Q1 Revenue: $3.30 billion to $3.31 billion vs. $3.22 billion expected Q1 EPS: $0.96 to $0.98 FY27 Revenue: $14.10 billion to $14.20 billion vs. $13.83 billion expected FY27 EPS: $4.16 to $4.19 Quick Read:
Beat-and-raise across the board: Palo Alto topped Q4 revenue and EPS estimates while both Q1 and full-year revenue guidance came in ahead of Wall Street expectations. NGS growth is the standout: NGS ARR surged 63% to $9.10 billion, with nearly $1 billion of net new ARR added during Q4, reinforcing the company’s AI and platformization growth story.
Consensus for Q4 sits at on in revenue, essentially matching management’s own range. The real event is the first FY27 outlook.
Wall Street currently models in FY27 revenue, with EPS estimates trimmed to from ninety days ago on .
CEO Nikesh Arora has beaten and raised for five straight quarters, so a conservative guide is baked in.
Bullish scenario: FY27 revenue above $14B, NGS ARR growth above 40%, and FCF margin tracking toward the target early.
Bearish scenario: revenue below $13.5B, Q1 EPS under consensus, or FCF margin stalling at . With shares already off intraday, the guide dictates the next leg.
Palo Alto Networks reports Q4 FY26 earnings after the bell, with Wall Street focused on $3.35 billion in revenue and adjusted EPS guidance of $0.96-$0.98.
The bigger number may be Next-Generation Security ARR. Management guided for $8.90 billion to $8.95 billion, representing 59-60% growth, with investors watching closely for CyberArk’s contribution.
Expectations are high. Palo Alto shares have roughly doubled year to date as investors bet on platformization, AI security demand, and a longer-term path toward 40% free cash flow margins. Yet each of the company’s last three earnings beats was followed by a negative day-of stock reaction.
A clean beat and strong FY27 outlook could validate the rally. Any softness in NGS ARR or cautious forward guidance could quickly put the stock’s premium valuation under pressure.
This article is updated throughout the trading day. Check back for more.
Full CoverageThe story so far
Palo Alto Networks (NASDAQ:PANW | PANW Price Prediction) reports fiscal Q4 2026 results today at 4:05 PM ET. Shares have climbed 89.18% year to date, but the stock is down 5.67% intraday.
Momentum Meets a Premium Setup Q3 delivered revenue of $3.002 billion, up 31.15% year over year, and non-GAAP EPS of $0.85, beating by 6.65% and extending the streak to five quarters.
NGS ARR reached $8.13 billion, up 60%, while trailing 12-month adjusted free cash flow margin ran at 38.5%, a 430 basis point improvement. CEO Nikesh Arora called Q3 “a record quarter,” citing accelerating organic bookings as customers race to secure AI deployments. Shares now trade at $359.66 against a forward P/E of 93, so high expectations are already priced in.
Consensus Estimates Metric Q4 FY26 Estimate YoY Change FY26 Estimate FY27 Estimate Revenue $3.35B +32% $11.42B $13.84B EPS (Non-GAAP) $0.9777 +10% $3.7754 $1.9418 Revisions skew sharply positive, with 40 upward Q4 EPS revisions in the trailing 30 days against one downward. FY27 EPS, however, has been reset from $2.33 ninety days ago to $1.94 as acquisition dilution flows through models.
What I’m Watching Tonight: NGS ARR, AI Security Traction, and FY27 Framing Tonight, I’ll be watching whether NGS ARR lands inside guidance, and how much came from organic growth versus acquisitions. Q3 organic NGS ARR grew 28% against the 60% reported figure, so the split shapes the growth narrative.
I’ll be tracking Prisma AIRS after customer count expanded to more than 300 in Q3 from 100 at the end of Q2, with $100 million ARR in sight. XIM ended Q3 at $600 million ARR across 740 customers, validating the AI security thesis.
Analysts will also focus on CyberArk profitability convergence, which management said is running 3-6 months ahead of the original 12-18 month timeline. The path to 40% adjusted FCF margin by FY28 hinges on that work.
Management also flagged FY27 segment disclosures across Network Security, Cortex, and Identity. Initial FY27 framing will reset the debate. Rising memory and storage costs, plus $517 million in Q3 share-based compensation, are also items to watch.
Earnings History Table Quarter EPS Surprise Day-of Move 1-Week Move 30-Day Move Q3 FY26 +6.65% -5.64% -6.14% +20.19% Q2 FY26 +9.70% -6.82% -4.93% +6.96% Q1 FY26 +4.35% -7.42% +2.73% +1.65% Q4 FY25 +6.74% +3.06% +1.47% +14.67% On average, shares moved -1.14% one week after earnings over the past year.
Contact [email protected] for any questions or corrections.
Thomas Richmond
Thomas Richmond is a financial writer and content strategist with 5+ years of experience covering stocks and financial markets. He has published over 250 articles focused on individual stock analysis, helping investors better understand business fundamentals, stock valuations, and long-term opportunities.
Thomas previously served as a Content Lead at TIKR, a stock research platform, where he helped scale the company’s blog to hundreds of articles per month and contributed to a weekly newsletter reaching more than 100,000 investors.
He specializes in breaking down complex companies into clear, actionable insights for everyday investors, with a focus on fundamentals-driven research.
His work has also been featured on platforms including Seeking Alpha and Sure Dividend.
Outside of work, Thomas enjoys weight lifting and soccer.
Palo Alto Networks oznámila akvizici Console, AI-native platformy pro agentní funkce. Má posílit Cortex a automatizovat práci se signály, prioritami i zásahy.
Transforming how customers benefit from agentic-driven workflows that are purpose-built for the AI era
, /PRNewswire/ -- Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, today announced it has acquired Console, an AI-native platform that enables agentic capabilities. Console is designed to help organizations apply AI-driven analysis and action across their enterprise operations, giving organizations the force multiplier they need to resolve alerts, issues, and requests at machine speed.
As AI reshapes the threat landscape, organizations need a security platform that can operate with speed, context, and operational discipline. Console will help advance this vision by deepening our agentic capabilities in Cortex®, supporting teams as they investigate signals, prioritize work, and take action across their environment.
Nikesh Arora, Chairman and CEO, Palo Alto Networks
"Security operations can no longer be about managing dashboards and queuing tickets just to help humans work faster. By bringing Console into Palo Alto Networks, our customers can have a direct conversation with data and build agentic workflows in natural language that helps alert and remediate issues automatically. This is the shift to software-as-an-agent, giving our platform the arms and legs to deliver autonomous security outcomes across the entire enterprise."
Andrei Serban, Co-Founder and CEO, Console
"We built Console around a simple idea: people should be able to express an operational goal, and intelligent software should handle the complexity required to achieve it. Our customers have already proven that agents can dramatically slash overhead and transform their business. Joining Palo Alto Networks gives our team the security expertise, platform foundation, and global scale to bring that vision to the world's largest enterprises. Together, we can make agentic operations faster to adopt, safer to govern, and far more consequential."
Follow Palo Alto Networks on X, LinkedIn, Facebook and Instagram.
About Palo Alto Networks
Palo Alto Networks (NASDAQ: PANW), the global AI cybersecurity leader, protects our digital way of life with a comprehensive portfolio of cybersecurity solutions and platforms across Network, Cloud, Security Operations, AI and Identity. Trusted by 70,000+ customers and powered by Unit 42 threat intelligence, our AI-driven platforms eliminate complexity, empowering enterprises to modernize with confidence and securing the speed of innovation. Explore the future of security at www.paloaltonetworks.com.
Palo Alto Networks and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners. Any unreleased services or features (and any services or features not generally available to customers) referenced in this or other press releases or public statements are not currently available (or are not yet generally available to customers) and may not be delivered when expected or at all. Customers who purchase Palo Alto Networks applications should make their purchase decisions based on services and features currently generally available.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks, uncertainties, and assumptions, including, but not limited to, statements regarding the anticipated benefits and impact of the acquisition of Console on Palo Alto Networks, Console and their customers. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including, but not limited to: the effect of the announcement of the acquisition on the parties' commercial relationships and workforce; significant and/or unanticipated difficulties, liabilities or expenditures relating to acquisition, risks related to disruption of management time from ongoing business operations due to the acquisition and the ongoing integration of other recent acquisitions; our ability to effectively operate Console's operations and business, integrate Console's business and products into our products, and realize the anticipated synergies in the transaction in a timely manner or at all; changes in the fair value of our contingent consideration liability associated with acquisitions or the fair value of our convertible senior notes and capped call transactions; developments and changes in general market, political, economic and business conditions; failure of our platformization product offerings; risks associated with managing our growth; risks associated with new product, subscription and support offerings; shifts in priorities or delays in the development or release of new product or subscription or other offerings or the failure to timely develop and achieve market acceptance of new products and subscriptions, as well as existing products, subscriptions and support offerings; failure of our product offerings or business strategies in general; defects, errors, or vulnerabilities in our products, subscriptions or support offerings; our customers' purchasing decisions and the length of sales cycles; our ability to attract and retain new customers; developments and changes in general market, political, economic, and business conditions; our competition; our ability to acquire and integrate other companies, products, or technologies in a successful manner; our debt repayment obligations; and our share repurchase program, which may not be fully consummated or enhance shareholder value, and any share repurchases which could affect the price of our common stock.
Additional risks and uncertainties that could affect our financial results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Quarterly Report on Form 10-Q filed with the SEC on June 2, 2026, which is available on our website at investors.paloaltonetworks.com and on the SEC's website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
Root a Carvana prodloužily exkluzivní embedded pojišťovací partnerství minimálně do srpna 2028. Společný produkt od roku 2022 překonal 200 000 prodaných pojistek.
COLUMBUS, Ohio, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Root (NASDAQ: ROOT), the leading technology company in car insurance, today announced the extension of its exclusive embedded partnership with Carvana (NYSE: CVNA).
Root and Carvana launched Carvana Insurance Built with Root, their inaugural embedded insurance product, in 2022, creating an industry-first seamless, fully integrated experience that brings personalized insurance directly into the car-buying journey.
The result redefined the purchase experience for customers, creating a simpler, faster, more intuitive way to buy both a car and insurance. In less than four years, the partnership surpassed 200,000 policies sold. Carvana Insurance Built with Root combines Carvana’s leading customer experience with Root’s world-class data science platform. Together, the companies created an industry-first, 3-click insurance purchase at the point of sale that removes friction from a traditionally complex process.
“The program results, paired with this renewal, demonstrate the power of giving customers exactly what they want: easy, simple insurance—something this program uniquely delivers,” said Alex Timm, Founder & CEO of Root Insurance. “We’re so excited about what this means for today’s car shoppers and how they can finally have a delightful purchase experience.”
This agreement extends the partnership to at least August 2028. As both companies continue to innovate across the automotive and insurance landscapes, this partnership stands as a bold example of how deeply aligned, technology-enabled collaborations can redefine customer experiences.
About Root, Inc.
Root Insurance is a technology company revolutionizing car insurance through data science and automation. Founded in 2015 and based in Columbus, Ohio, Root, Inc. (NASDAQ: ROOT) is the parent company of Root Insurance Company. The Root app has reached more than 18 million downloads and has analyzed more than 37 billion miles of driving data to deliver personalized, easy, and fair pricing. For more information, visit root.com.
Root Insurance Company and Root Property & Casualty Insurance Company are headquartered in Columbus, Ohio, with renters insurance available through Root Insurance Company in Arkansas, Georgia, Kentucky, Missouri, Nevada, New Mexico, Ohio, Tennessee, and Utah. Root Insurance is active in 37 markets for auto insurance: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, and Wisconsin. Business is underwritten by Root Insurance Company and/or Root Property & Casualty Insurance Company depending on the market. In Texas, we also write business as a Managing General Agent, underwritten by Redpoint County Mutual Insurance Company. Carvana Insurance built with Root is exclusively offered, subject to limited exceptions, in the states where Root writes insurance, except New Jersey.
Root. Inc, Forward-Looking Statements
This press release contains forward-looking statements within the meaning of federal securities laws regarding Root, Inc. These forward-looking statements relate to, among other things, expectations about our future business results, including our ability to maintain, and drive a significant long-term competitive advantage through, our partnership with Carvana. Statements such as “guidance”, “expect”, “anticipate”, “strong”, “believe”, “intend”, “goal”, “objective”, “target”, “position”, “potential”, “will”, “may”, “would”, “should”, “can”, “deliver”, “accelerate”, “enable”, “estimate”, “projects”, “outlook”, “opportunity”, “expansion”, “creation” or similar words, as well as specific projections of future events or results qualify as forward-looking statements.. Such forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the company's control and are difficult to predict. We have based our forward-looking statements on our current expectations, estimates and projections about our industry and our company. We caution that these statements are not guarantees of future performance and you should not rely unduly on them, as they involve risks, uncertainties and assumptions that we cannot predict and many of which are beyond our control. Accordingly, our actual results may differ materially from the future performance that we have expressed or forecast in our forward-looking statements. In accordance with "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, we have included in Root's Form 10-K for the year ended Dec. 31, 2025, and other SEC filings, cautionary language identifying important factors, though not necessarily all such factors, that could cause future outcomes to differ materially from those set forth in the forward-looking statements. Copies of Root's Form 10-K and other SEC filings are available on the SEC's website, Root's website at ir.joinroot.com/investor-relations, or by contacting Root's Investor Relations office.
Dell zvýšil výhled na fiskální rok 2027 díky síle AI serverů a nyní čeká tržby 192 miliard USD a upravený zisk na akcii 25,50 USD. Akcie po zveřejnění výsledků v prodlouženém obchodování stouply o 9 %.
Dell Technologies shares moved 9% higher in extended trading on Tuesday after the computer maker reported results and a forecast that easily cleared Wall Street expectations.
Here's how the company did relative to LSEG consensus:
Earnings per share: $7.04 adjusted vs. $4.92 expectedRevenue: $46.97 billion vs. $44.92 billion expectedRevenue came in higher than every estimate, growing about 58% year over year for the fiscal second quarter, which ended on July 31, according to a statement. Net income of $4.13 billion, or $6.34 per share, increased from $1.16 billion, or $1.70 per share, in the same quarter a year ago. Adjusted earnings exclude impact from stock-based compensation.
For the fiscal third quarter, Dell called for $6.50 in adjusted earnings per share on $49.0 billion in revenue, which implies 81% growth. Analysts polled by LSEG had anticipated $4.49 per share and $41.42 billion in revenue.
Dell ratcheted up its full-year view. The company now sees $25.50 in adjusted earnings per share on $192 billion in revenue. Analysts surveyed by LSEG were expecting $18.92 per share and $172.67 billion in revenue. As of May, the company's 2027 guidance included $17.90 in adjusted earnings per share, with $165 billion to $169 billion in revenue.
Price increases brought on by climbing input costs factor in to the elevated revenue guidance, Jeff Clarke, Dell's operating chief, said on a conference call with analysts.
As of Tuesday's close, Dell shares had gained 236% year to date, while the wider S&P 500 index is up 11% over the same period. The stock has become a popular choice for investors who want to bet on the continuing growth of artificial intelligence infrastructure. In July President Trump, who has bought Dell shares since returning to office last year, again recommended buying Dell computers.
Michael Dell, the company's founder, chairman and CEO, is now the world's fifth richest person, according to Bloomberg calculations.
"There's an old Texas saying I may have just made up...," Michael Dell posted on X after the results became available. "If you keep growing EPS 200%+ y/y something good will happen."
The company's Infrastructure Solutions Group targeting data center hardware posted $31.78 billion in fiscal second-quarter revenue, up 89% and more than the $29.61 billion consensus among analysts polled by StreetAccount. In that segment, Dell generated $16.40 billion in revenue from AI-optimized servers. The sum was above StreetAccount's $16.07 billion consensus.
Storage revenue, at $4.85 billion, went up almost 26%. Revenue from traditional servers and networking equipment jumped 122% to $10.53 billion.
"We are seeing a growing trend of customers that require meaningful CPU compute capacity to support AI and agentic workflows," Clarke said. "These workloads are creating incremental demand for traditional servers."
Dell's Client Solutions Group, which sells PCs and accessories to consumers and commercial clients, contributed $15.03 billion in revenue. The number was up 20% but slightly lower than StreetAccount's $15.08 billion consensus.
"One of the things that we did earlier this year is we saw the PC market showing signs of softening in the second half," Clarke said. "We optimized the bits and bytes we have towards the infrastructure business."
During the quarter, Dell received a $9.7 billion contract to provide software to the U.S. military, and AI-centric cloud infrastructure provider Iren said it agreed to buy $1.6 billion in Dell hardware, including servers that contain Nvidia chips.
Dell now foresees $74 billion in AI-optimized server sales for the fiscal year, which would be up 200%. Just six months ago, the company had predicted 103% growth.
Dell Technologies Inc. (NYSE:DELL) posted its fiscal year 2027 second-quarter results after Tuesday’s closing bell, beating expectations across the board. Here’s a look at the details inside the report.
DELL stock is moving. Watch the price action here. Dell Q2 Details
Dell Technologies reported an adjusted/non-GAAP diluted EPS of $7.04 per share, which blew past the consensus estimate of $4.91 by 43.38%.
Quarterly revenue came in at $46.97 billion, which beat the Street estimate of $44.95 billion and was up from $29.78 billion in the same period last year.
Dell reported the following second-quarter segment results:
Infrastructure Solutions Group (ISG)
Record revenue: $31.8 billion, up 89% year-over-year Record AI-Optimized Servers revenue: $16.4 billion, up 100% year-over-year Record Traditional Servers and Networking revenue: $10.5 billion, up 122% year-over-year Record second-quarter Storage revenue: $4.9 billion, up 26% year-over-year Record operating income: $4.8 billion, up 225% year-over-year Client Solutions Group (CSG)
Revenue: $15 billion, up 20% year over year Record Commercial Client revenue: $13.2 billion, up 22% year-over-year Consumer revenue: $1.8 billion, up 7% year-over-year Operating income: $1.1 billion, up 42% year-over-year “IT environments have shifted from cost centers to value drivers that fuel growth and competitive advantage, and customers are investing accordingly — creating opportunity across our portfolio,” said COO Jeff Clarke.
“That’s clearest in our AI server business where we booked a record $60.9 billion in orders, recognized a record $16.4 billion in revenue and exited the quarter with a record $95 billion backlog,” Clarke added.
Read Next
Looking AheadDell expects third-quarter adjusted EPS of $6.50, versus the $4.49 analyst estimate, and revenue of $49 billion, versus the $41.43 billion estimate.
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DELL Stock Price: According to data from Benzinga Pro, Dell stock was up 8.47% to $461 in Tuesday’s extended trading.
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Chipotle Mexican Grill oznámí hospodářské výsledky za 3. čtvrtletí 2026 28. října a následně uspořádá konferenční hovor. Současně zveřejní i aktualizaci výhledu podnikání za dosavadní 4. čtvrtletí.
, /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) will host a conference call on Wednesday, October 28, 2026, at 4:30 p.m. ET to discuss third quarter 2026 financial results and provide a business update for the fourth quarter to date.
A press release with third quarter financial results will be issued at approximately 4:10 p.m. ET on Wednesday, October 28, 2026.
Participants can join the conference call by dialing 1-888-317-6003 and will be prompted to enter the code 6029014. International callers can dial 1-412-317-6061 and will be prompted to enter the code 6029014.
The call will also be webcast live from the company's website on the investor relations page at ir.chipotle.com, and registration is available at https://app.webinar.net/eoKjwMGDP7l. An archived webcast will be available approximately one hour after the end of the call.
ABOUT CHIPOTLE
Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. There are over 4,200 restaurants as of June 30, 2026, in the United States, Canada, the United Kingdom, France, Germany, and the Middle East and it is the only restaurant company of its size that owns and operates all its restaurants in the United States, Canada and Europe. With nearly 140,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. For more information or to place an order online, visit chipotle.com.
UBS uvedla, že Cheniere Energy může letos znovu zvýšit výhled objemu pro rok 2026, který už nyní činí 53 až 54 milionů tun ročně. Akcie během dne klesly o 1,43 %.
Management guided 2026 volumes to 53 to 54 MTPA, with a third of the increase from Stage 3 Summary
UBS reiterated Buy on Cheniere with a $340 target, saying management could raise 2026 volume guidance again before year-end.
UBS reiterated a Buy rating and $340 price target on Cheniere Energy LNG, pointing to a record of delivering projects on time and on budget. Shares were down 1.43% intraday.
The company told investors on its second quarter call that roughly a third of the increase in its revised 2026 volume guidance of 53 to 54 million tonnes per annum came from the Stage 3 ramp, with trains starting earlier than planned. UBS said that revision only modestly reflected the benefit, and that management could lift guidance again before year-end.
UBS described global LNG as undersupplied, citing extended downtime at a major Qatari facility and a widening spread between European TTF and US Henry Hub prices. The firm said Cheniere's ability to accelerate project start-ups represents a competitive advantage.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Pomerantz LLP vyšetřuje EHang kvůli možnému porušení zákonů o cenných papírech po oznámení neauditovaných finančních výsledků za 2. čtvrtletí 2026 dne 25. srpna 2026. Tržby činily 11,48 milionu USD, meziročně klesly o 31,3 % a zaostaly za odhadem 16,62 milionu USD.
NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of EHang Holdings Limited (“EHang” or the “Company”) (NASDAQ: EH). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether EHang and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On August 25, 2026, EHang issued a press release “announc[ing] its unaudited financial results for the second quarter of 2026. Among other items, EHang disclosed revenue of only $11.48 million, representing a 31.3% year-over-year decline and missing the $16.62 million consensus estimate. EHang’s management advised investors that “a major accident involving a piloted light-sport aircraft in China prompted greater caution around low-altitude aviation safety regulation and affected the pace of passenger commercial operation approvals in certain regions.”
On this news, EHang’s American Depositary Share (“ADS”) price fell $0.37, or 7.12%, to close at $4.83 per ADS on August 25, 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.
MSC Income Fund dokončil soukromé umístění dluhopisů za 150 mil. USD s fixním úrokem 6,83 % ročně a splatností 30. září 2029. Výnos použije na splacení dluhu splatného 30. října 2026.
, /PRNewswire/ -- MSC Income Fund, Inc. (NYSE: MSIF) ("MSC Income" or the "Fund") is pleased to announce the closing of a private notes offering totaling $150.0 million in aggregate principal amount (the "Notes"). The Notes are unsecured and bear interest at a fixed rate of 6.83% per year, payable semiannually, mature on September 30, 2029 and may be redeemed in whole or in part at any time or from time to time at MSC Income's option at par plus accrued interest to the prepayment date and, if applicable, a make-whole premium. The Notes will be issued in two separate closings. The initial issuance of $75.0 million of Notes closed today, and the Fund will issue the remaining $75.0 million of Notes in October 2026, subject to customary closing conditions.
MSC Income intends to use the net proceeds from this offering to repay the $150.0 million of outstanding 4.04% Series A Senior Notes due 2026 on or before their maturity on October 30, 2026. Pending such use, MSC Income intends to repay a portion of the outstanding debt borrowed under its floating rate multi-year revolving credit facility (the "Corporate Facility") and its special purpose vehicle revolving credit facility (the "SPV Facility" and, together with the Corporate Facility, the "Credit Facilities") and then, through re-borrowing under its Credit Facilities, to fund investments in accordance with its investment objective and strategies, to pay operating expenses and other cash obligations and for general corporate purposes.
The Notes have not been and will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or a solicitation of an offer to purchase the Notes or any other securities and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
ABOUT MSC INCOME FUND, INC.
The Fund (www.mscincomefund.com) is a principal investment firm that primarily provides debt capital to private companies owned by or in the process of being acquired by a private equity fund. The Fund's portfolio investments are typically made to support leveraged buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. The Fund seeks to partner with private equity fund sponsors and primarily invests in secured debt investments within its private loan investment strategy. The Fund also maintains a portfolio of customized long-term debt and equity investments in lower middle market companies, and through those investments, the Fund has partnered with entrepreneurs, business owners and management teams in co-investments with Main Street Capital Corporation (NYSE: MAIN) ("Main Street") utilizing the customized "one-stop" debt and equity financing solutions provided in Main Street's lower middle market investment strategy. The Fund's private loan portfolio companies generally have annual revenues between $25 million and $500 million. The Fund's lower middle market portfolio companies generally have annual revenues between $10 million and $150 million.
ABOUT MSC ADVISER I, LLC
MSC Adviser I, LLC ("MSCA") is a wholly-owned subsidiary of Main Street that is registered as an investment adviser under the Investment Advisers Act of 1940, as amended. MSCA serves as the investment adviser and administrator of the Fund in addition to several other advisory clients.
FORWARD-LOOKING STATEMENTS
This news release may contain certain forward-looking statements, including but not limited to the availability of future financing capacity under the Fund's Credit Facilities. Any such statements other than statements of historical fact are likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under the Fund's control, and that the Fund may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual performance and results could vary materially from these estimates and projections of the future as a result of a number of factors, including those described from time to time in the Fund's filings with the U.S. Securities and Exchange Commission. Such statements speak only as of the time when made and are based on information available to the Fund as of the date hereof and are qualified in their entirety by this cautionary statement. The Fund assumes no obligation to revise or update any such statement now or in the future.
CNO Financial Group, Inc. (CNO) Discusses Worksite and Medicare Business Strategies and Growth Drivers September 1, 2026 10:00 AM EDT
Company Participants
Adam Auvil - Vice President of Investor Relations & Sustainability
Karen DeToro - President of Worksite Division
Richard Shaffer - Senior Vice President of Small Market Sales & Worksite Insurance Operations
Todd Louer
Liana Castellano
Scott Goldberg - President of Consumer Division
Jeremy Williams - Chief Actuary
Conversation
Adam Auvil
Vice President of Investor Relations & Sustainability
Good morning, and welcome to CNO Financial Group's investor briefing on our Worksite division and Medicare business. I'm Adam Auvil, Vice President of Investor Relations & Sustainability. Thank you for joining us today. These briefings are designed to provide a deeper understanding of CNO and the drivers that support our growth. If you have not watched our prior investor briefings on Investments and the Consumer division, both are available in the Investor Relations section of our website. Today's discussion is grounded in our purpose to secure the future of middle-income America. Both our Worksite & Medicare businesses bring that purpose to life by helping customers navigate important coverage needs with the support of our trusted in-person agents.
Before we begin, I need to cover a few housekeeping items. This morning's presentation is available in the Investors section of our website and was filed today in a Form 8-K. Any forward-looking statements we make today are subject to a number of factors, which may cause actual results to be materially different than those contemplated by the forward-looking statements. Finally, today's presentation contains a number of operating metrics. Certain operating metrics do not have a corresponding GAAP measure, but are presented because management believes they provide useful insight into our business and performance. These metrics should not be considered a substitute for results reported in accordance with GAAP.
California Resources Corporation dokončila all-cash akvizici Crimson Midstream Holdings za zhruba 63 milionů USD. Transakce má posílit její energetické portfolio a místní produkci v Kalifornii.
LONG BEACH, Calif., Sept. 01, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today announced the closing of its approximately $63 million all-cash acquisition of Crimson Midstream Holdings, LLC (“Crimson”) from CorEnergy Infrastructure Trust, Inc. The transaction was approved by the California Public Utilities Commission on August 13, 2026. The assets complement CRC’s integrated energy portfolio and will support reliable, more affordable local production in the Golden State.
"As the state’s largest oil producer, the acquisition of this diversified midstream network will enhance our ability to efficiently deliver California-produced barrels directly to the highest-value markets, while increasing operating flexibility and flow assurance across our portfolio,” said Francisco Leon, CRC’s President and Chief Executive Officer. “In addition, Crimson's pipeline corridors add to the broader set of options we'll continue to evaluate as we look at longer-term development of CO2 transportation across California."
Third Quarter 2026 Guidance
The following table provides Crimson G&A expenses and capital investment expectations for the third quarter of 2026, reflecting the September 1, 2026 closing of the Crimson acquisition. CRC plans to update its full-year 2026 guidance in conjunction with its third quarter 2026 earnings release.
3Q26E CRIMSON OUTLOOK3Q26EG&A expenses ($ millions)$1 –$2Capital ($ millions)$1 –$2
*: This table is not intended to represent actual results and remains subject to the completion of accounting, financial close and reporting processes, including but not limited to conforming Crimson’s accounting policies and processes to CRC. Advisors
Jefferies LLC served as financial advisor to CRC. Evercore served as financial advisor to CorEnergy Infrastructure Trust, Inc.
About California Resources Corporation
California Resources Corporation (CRC) is an independent energy and carbon management company advancing the energy transition. CRC is committed to environmental stewardship while safely providing local, responsibly sourced energy. CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions reducing projects. For more information about CRC, please visit crc.com.
About Carbon TerraVault
Carbon TerraVault (CTV), CRC’s carbon management business, is developing services to capture, transport and permanently store CO2 for its customers. CTV is engaged in a series of proposed CCS projects to inject CO2 captured from industrial sources into depleted reservoirs deep underground for permanent sequestration. For more information, visit carbonterravault.com.
Forward-Looking Statements
Information set forth in this communication, including financial estimates and statements as to the effects of the Crimson acquisition, constitute “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other securities laws. All statements other than historical facts are forward-looking statements, and include statements regarding the benefits of the Crimson acquisition, CRC's future financial position, business strategy, projected revenues, earnings, costs, capital expenditures and plans and objectives and intentions of management for the future. Words such as “expect,” “could,” “may,” “anticipate,” “intend,” “plan,” “ability,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “guidance,” “outlook,” “opportunity” or “strategy” or similar expressions are generally intended to identify forward-looking statements. These forward-looking statements are based upon the current beliefs and expectations of the management of CRC and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, projected in, or implied by, such statements.
Although CRC believes the expectations and forecasts reflected in its forward-looking statements are reasonable, they are inherently subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond its control. No assurance can be given that such forward-looking statements will be correct or achieved or that the assumptions are accurate or will not change over time. Particular uncertainties that could cause CRC’s actual results to be materially different than those expressed in its forward-looking statements are described in its most recent Annual Report on Form 10-K and its other periodic filings with the SEC. These factors include, but are not limited to: fluctuations in commodity prices; production levels and/or pricing by OPEC, OPEC+ or U.S. producers; government policy, war and political conditions and events; integration efforts and projected synergies and other benefits in connection with the Crimson acquisition and other acquisitions; divestitures and joint ventures; regulatory actions and changes that affect the oil and gas industry generally and us in particular; the efforts of activists to delay or prevent oil and gas activities or the development of CRC’s carbon management segment; changes in business strategy and the ability and financial resources to execute our capital plan in a timely manner; lower-than-expected production; changes to estimates of reserves and related future cash flows; the recoverability of resources and unexpected geologic conditions; general economic conditions and trends; results from operations and competition in the industries in which it operates; CRC’s ability to realize the anticipated benefits from prior or future efforts to reduce costs; environmental risks and liability; the benefits contemplated by its energy transition strategies and initiatives; CRC’s ability to successfully identify, develop and finance carbon capture and storage projects, power projects and other renewable energy efforts; future dividends and share repurchases and de-leveraging efforts; and natural disasters, accidents, mechanical failures, power outages, labor difficulties, cybersecurity breaches or attacks or other catastrophic events.
CRC cautions you not to place undue reliance on forward-looking statements contained in this document, which speak only as of the date hereof, and CRC is under no obligation, and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking statements, whether as a result of new information, future events or otherwise. This communication may also contain information from third-party sources. This data may involve a number of assumptions and limitations, and CRC has not independently verified them and does not warrant the accuracy or completeness of such third-party information.
CINCINNATI, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or “the Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that its Board of Directors (the “Board”) approved a 6.2% increase to the monthly dividend distributions payable October 1, 2026; November 3, 2026; and December 1, 2026 to stockholders of record as of September 15, 2026; October 15, 2026; and November 16, 2026, respectively.
The Board approved the distribution at a rate of $0.115 per share of the Company’s common stock. When annualized, this is equal to a rate of $1.38 per share, representing an increase of 6.2% over the previous annualized rate of $1.30 per share.
Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding.
Jeff Edison, Chairman and Chief Executive Officer of PECO stated: “Our decision to increase the dividend reflects the continued strength of our cash flows and our commitment to delivering consistent shareholder value. This marks our sixth consecutive annual dividend increase and our third consecutive increase over 5%. This increase underscores our confidence in PECO’s operational execution and long-term growth strategy.”
Connect with PECO
For additional information, please visit https://www.phillipsedison.com/
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LinkedIn at https://www.linkedin.com/company/phillipsedison&company
About Phillips Edison & Company
Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of June 30, 2026, PECO managed 330 shopping centers, including 302 wholly-owned centers comprising 33.9 million square feet across 31 states and 28 shopping centers owned in three institutional joint ventures. PECO is focused on creating great grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.
PECO uses, and intends to continue to use, its Investors website, which can be found at https://investors.phillipsedison.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.
Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by the Company’s use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” “seek,” “objective,” “goal,” “strategy,” “plan,” “focus,” “priority,” “should,” “could,” “potential,” “possible,” “look forward,” “optimistic,” “commit,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Such statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those projected or anticipated, including the risk factors and other risks and uncertainties described in the Company’s 2025 Annual Report on Form 10-K, filed with the SEC on February 10, 2026, as updated from time to time in the Company’s periodic and/or current reports filed with the SEC, which are accessible on the SEC’s website at www.sec.gov. Except as required by law, the Company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Investors
Kimberly Green, Head of Investor Relations
(513) 692-3399, [email protected]
Union Pacific uvedl, že jeho sloučení s Norfolk Southern vstoupilo do věcné fáze federálního přezkumu a může být uzavřeno ve 3. nebo 4. čtvrtletí 2027. Firma dál čeká 1,8 miliardy USD ročních čistých synergií z příjmů a 1 miliardu USD ročních nákladových synergií.
Buffett Spent 60 Years Ignoring Tech and the Bill Is Coming DueUnion Pacific NYSE: UNP executives said the company is moving into the merits phase of federal review for its proposed merger with Norfolk Southern, expressing confidence that the transaction will satisfy Surface Transportation Board requirements and create customer, safety and financial benefits.
Speaking at a Bernstein fireside chat, Chief Executive Officer Jim Vena said the STB accepted the company’s application and confirmed that the statutory 12-month review clock began when the application was accepted on May 28, 2026. While Vena said Union Pacific would have preferred a faster initial process, he said the company does not view the extended pre-acceptance period as a meaningful signal about the eventual outcome.
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AI Broke the Trucks: 3 Transports to Buy After the AI Panic“We are in the merits review,” Vena said. “The conversation will be focused on data and facts.” He said parties seeking to participate in the proceeding face upcoming filing deadlines, including a November 18 deadline for competing railroads and stakeholders to support their positions with details.
Merger benefits and customer protections Union Pacific said its application projects that the combination would remove 2.1 million truckloads annually from highways, reduce congestion, improve driver safety and generate $3.5 billion in annual shipper savings. The company also said a coast-to-coast single-line railroad would provide faster, more reliable service and introduce new intermodal and manifest products.
2026 Sector Playbook: 3 Sectors Trading Below Fair ValueVena argued that eliminating handoffs between railroads would reduce transit delays, improve equipment utilization and allow the combined company to build freight blocks that travel closer to their final destinations without repeated handling. He said intermodal transfers can add hours of delay compared with crew changes on a single railroad, while carload freight could avoid 24 to 48 hours of handling time in some cases.
The company has also offered a series of commitments designed to address competitive concerns, including expanded Committed Gateway Pricing, protections for certain shippers with limited Class I rail options, additional service-level protections and access to a new rate-relief process. Vena said gateways would remain open, allowing customers to choose routing options involving other carriers.
“The railroad benefit is for us to have a single line haul is we don’t have to hand off,” Vena said. “You change the whole paradigm of what your fixed costs are.”
Chief Financial Officer Jennifer Hamann said the company believes the transaction would create opportunities for customers to access additional markets, including ports and destinations that may be less efficient to reach through current interchange arrangements. She also said faster rail service could improve customers’ freight-car turns and reduce their asset costs.
Financial targets maintained Hamann said Union Pacific continues to expect approximately $1.8 billion in annual net revenue synergies and $1 billion in annual cost synergies from the proposed combination. The estimates have remained consistent despite adjustments made during the company’s late-July filing process, she said.
The company expects to resume share repurchases in the second year following the merger’s closing, return to its leverage targets and maintain strong investment-grade credit ratings. Hamann said the company expects to generate roughly $11.8 billion of cash by the third year after closing.
Based on the STB’s schedule, Union Pacific expects a possible closing in the third or fourth quarter of 2027, Hamann said. She added that having a formal review timetable allows the company to further develop its integration planning.
Canadian National agreement and competitive response Vena also discussed Union Pacific’s agreements with Canadian National, which were announced in late July. He said the arrangements address competitive concentration concerns related to the St. Louis-to-Kansas City route that Union Pacific would acquire through Norfolk Southern, while providing Canadian National access to Kansas City.
The agreement also gives Union Pacific access to Canadian National’s route around Chicago through the Elgin, Joliet & Eastern Railway. Vena said the arrangement could improve network efficiency and create new single-line service opportunities between Canada and Mexico, increasing competition with Canadian Pacific Kansas City.
Vena said Union Pacific remains open to discussions with other railroads but has not identified other parties willing to negotiate comparable agreements. He rejected arguments that partnerships alone could reliably deliver the same benefits as a merger, citing operational disputes involving train lengths, locomotive availability and capital investment priorities.
Addressing objections from shipper associations and rival railroads, Hamann said the company has not heard an argument that it views as a substantial threat to its case. She said Union Pacific’s analysis continues to support its conclusion that the merger serves the public interest through truck-to-rail conversion, consumer savings, safety improvements and expanded single-line service.
Vena added that a more integrated railroad network could also support broader U.S. transportation and national-security needs by moving critical freight more seamlessly across the country.
About Union Pacific (NYSE:UNP)Union Pacific Corporation NYSE: UNP is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.
Union Pacific's core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.
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Federated Hermes uzavřel strategické partnerství s Conduit Digital Holdings za účelem spuštění regulované tokenizované distribuce fondu peněžního trhu v APAC. Podkladovým aktivem bude fond Federated Hermes Short-Term U.S. Prime Fund.
Builds on over 50-years of money markets innovation Further evidence of commitment to evolving Digital Assets Product and Strategy Continues growth of APAC product offering following recent announcement of Hong Kong expansion plans , /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced a strategic alliance with Singapore-based Conduit Digital Holdings Pte Ltd, part of the Conduit Group, to support the launch of a regulated tokenized distribution structure in APAC. Under this arrangement, the Conduit-managed investment fund will invest in the Federated Hermes Short-Term U.S. Prime Fund. Shares of the Conduit fund, which provide exposure to the underlying Federated Hermes fund, will then be tokenized and offered to institutional and wholesale investors, in APAC.
For over 50 years, Federated Hermes has been a leader in money market innovation with US$676.9 billion1 in money market assets under management. The Federated Hermes Short-Term U.S. Prime Fund is an actively managed, UCITS-authorized money market fund that aims to provide current income while maintaining daily liquidity and a stable principal value. It invests primarily in high-quality, U.S. dollar-denominated short-term debt instruments like commercial paper and certificates of deposit.
Federated Hermes' strategic alliance with Conduit builds on a series of recent money market initiatives including: an alliance with UK-based Archax, an FCA-regulated digital securities exchange, to provide tokenized access to three UCITS money market funds; participation in an industry-wide, regulated initiative using mirrored tokenization to enhance transferability, collateral utility and real-time tracking of fund shares; and the launch of Federated Hermes' first GENIUS Act-aligned money market fund in the US, designed to support stablecoin reserve use cases, with potential for future tokenization/tokenized share classes.
Federated Hermes' approach to regulated digital assets, tokenization and next-generation investment infrastructure is led by Kevin Barr, who was appointed as Director, Digital Assets Product and Platform Strategy in May 2026.
This announcement represents Federated Hermes' first digital assets initiative in APAC, demonstrating a continued commitment to the growing digital asset ecosystem in the market by enhancing visibility and supporting customer needs through its role as the underlying asset manager to this tokenized offering. Earlier this year, Federated Hermes announced plans to expand its Asia-Pacific footprint - which includes existing offices in Singapore, Tokyo and Sydney - with the opening of a Hong Kong office as part of a long-term growth strategy to deepen relationships with private banks, family offices, wealth intermediaries and institutional investors across the region.
1As of 30 June 2026
Kevin Barr, Director, Digital Assets Product and Platform Strategy at Federated Hermes comments: "We are excited to support innovative cash management solutions that better serve client needs, building on our legacy of innovation in the money market fund space. Vaults represent a compelling evolution in investment management, and we see a significant opportunity to bring our legacy of trust and fiduciary responsibility to this emerging space. We continue to explore on-chain distribution opportunities to enhance flexibility and accessibility, while preserving access to the stability and yield characteristics typically associated with money market funds. Today's announcement reflects our continued commitment to building a larger digital asset presence, leveraging one of our core strengths in liquidity management.
Jim Roland, Head of Business Development, Asia Pacific and Australia at Federated Hermes further added: "Tokenized products represent a new and evolving way to engage with our clients, combining our investment expertise with Conduit's MAS-regulated end-to-end tokenization capabilities and regional distribution network. Our customers in the APAC market are leading worldwide adoption of tokenization, making this strategically important region a highly receptive market the natural choice for the launch our latest digital assets initiative."
Richard Schroder, Co-Founder and CEO of Conduit Digital Holdings commented: "We are delighted to work with Federated Hermes to have their U.S. Prime Fund as the anchor product of the CDH tokenized multicurrency money market offering. We are committed to unlocking the full utility of these tokens - moving beyond simple settlement to enable use as collateral, multicurrency management, and integration into AI agentic treasury management systems. This is where the real efficiency gains for our customers lie, and we are building the infrastructure to make that a reality."
Chris O'Meara, CEO of Conduit Asset Management and Chairman of the Conduit Group, added: "This collaboration with Federated Hermes marks a defining moment for the Conduit Group. Conduit Digital Holdings sits at the heart of our vision for the future of asset management in Asia-Pacific - bringing institutional-grade products onchain through regulated, MAS-licensed infrastructure. As investment manager to the fund, Conduit Asset Management is proud to combine our fiduciary oversight with the strength of an active manager with over 50 years of money market leadership. The Group is fully committed to Conduit Digital Holding's growth, and this launch is only the first step in building the institutional access layer for tokenized real-world assets across the region."
For further information, please contact:
Federated Hermes
[email protected]
Conduit
[email protected]
This is a corporate communication and is not to be construed as a solicitation or an offer to buy or sell any securities in the US. Shares of the fund have not been and will not be registered under the US Securities Act of 1933, as amended (the "1933 Act") or the securities laws of any of the states of the US. The Shares may not be offered or sold directly or indirectly in the US or to or for the account or benefit of any US Person.
About Federated Hermes
Federated Hermes, Inc. (NYSE: FHI) is a global leader in active investment management, with $911.6 billion in assets under management, as of June 30, 2026. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies to more than 11,000 institutions and intermediaries worldwide. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes has more than 2,000 employees in London, New York, Boston and offices worldwide. For more information, visit FederatedHermes.com.
About Conduit Digital Holdings
Conduit Digital Holdings (CDH) is a specialized digital assets firm dedicated to the tokenization of Real-World Assets. By leveraging distributed ledger technology (DLT), we work with investment managers to provide investors with fractional access to high-value assets with enhanced liquidity, automated compliance, and real-time settlement. CDH was created by Conduit Group in Singapore, a leading independent investment and financial services firm.
Website: https://www.conduit.group/
Live 6 updates · Last at 4:51pm ET Updates appear automatically.
By Thomas Richmond · Updated Sep 1, 4:51pm ET · Published Sep 1, 3:04pm ET
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That wraps up our initial coverage of MongoDB’s results. Thank you for stopping by!
MongoDB just reported earnings, with shares initially down 13% following the report. Here are the key numbers:
Revenue: $772 million vs. $734 million expected Adjusted EPS: $1.90 vs. $1.61 expected RPO: $1.52 billion, up 91% year over year Atlas Revenue: $566 million, up 29% year over year Guidance:
FY27 Revenue: $3.01 billion vs. $2.96 billion expected FY27 EPS: $6.49 vs. $6.13 expected Quick Read:
A strong beat-and-raise isn’t enough: MongoDB topped revenue and EPS expectations and lifted its full-year outlook above consensus, yet shares initially plunged 13%. Atlas growth remains strong at 29%: With RPO surging 91%, the selloff suggests expectations and valuation were simply extremely high after the stock’s sharp run into earnings, rather than an obvious deterioration in headline fundamentals.
Wall Street models Q2 revenue near and EPS of , sitting right at the top of MongoDB‘s (NASDAQ:MDB) own guide of and . CFO Mike Berry said guidance while staying a framework that produced .
Bullish: FY27 revenue lifted above , Atlas sustained near , and full-year EPS raised above .
Bearish: An unchanged FY27 range, Atlas decelerating below 27%, or a Q3 view soft versus the consensus.
CFO Mike Berry noted Atlas has as it scales. RPO of , up year over year, gives management cover to raise. Anything less than a confident raise risks a repricing.
Ahead of tonight’s MongoDB (NASDAQ:MDB) earnings release, here’s the analyst playbook for the call.
Top 5 Analyst Questions Can Atlas sustain as it laps tougher comps? What is real revenue contribution from Voyage AI, Vector Search, and agent memory? How durable is as forward visibility? Federal traction after the Clarity Business Solutions acquisition? Path to consistent GAAP profitability given stock-based comp? Key Topics Management Must Address Magnitude of the FY27 raise above Enterprise Advanced decline trajectory Progress under CEO CJ Desai and new CPOs Buzzwords to Listen For Rule of 40, agentic AI, unified data platform, consumption trends, mission-critical workloads Red Flags Atlas below 29%, softer Q3 guide, slowing customer adds, or macro caution commentary
Bull Case: Why MongoDB Could Beat and Rally Atlas grew in Q1 with RPO up to , signaling durable forward visibility. Polymarket assigns a probability of a beat, backed by upward EPS revisions and zero cuts in 30 days. Agentic AI wins with Adobe (NASDAQ:ADBE), , and validate Atlas as a scaled AI backend for enterprise workloads. Bear Case: Why the Setup Looks Stretched Shares are up in a month, leaving little margin for error. Q4 FY26 topped estimates by , yet shares plunged on guidance concerns. Q3 FY27 consensus saw downward EPS revisions, hinting at a softer second-half setup. Leadership turnover adds execution risk against elevated expectations.
MongoDB is expected to report Q2 FY27 earnings at 4:05 PM ET, with management guiding for $729-$734 million in revenue. The bigger question is whether Atlas can sustain the roughly 26% growth management has targeted for the quarter.
Expectations have risen sharply. MongoDB shares are up 34.34% over the past month, while Polymarket traders are assigning a 97.1% probability that the company beats expectations.
That makes guidance especially important. A strong quarter accompanied by a raise that pushes FY27 revenue above $2.96 billion would strengthen the case that MongoDB is becoming a major beneficiary of agentic AI and growing database demand.
In Q4 of FY26, MongoDB topped expectations by 12.08%, yet shares still plunged 22.24%. With the stock rallying into tonight’s print, investors will likely demand both strong results and an improving outlook.
This article is updated throughout the trading day. Check back for more.
Full CoverageThe story so far
MongoDB (NASDAQ:MDB | MDB Price Prediction) reports Q2 FY27 results today at 4:05 PM ET. The database platform enters the report with a $35.9 billion market cap, with the stock down 3.5% today.
Momentum Meets a Higher Bar Last quarter, MongoDB posted $687.6 million in revenue, up 25.25% year over year, and non-GAAP EPS of $1.32 versus a $1.1835 consensus.
Atlas, now roughly 75% of revenue, grew 29.4% and crossed a $2 billion run rate. Free cash flow nearly doubled to $197.5 million, and RPO jumped 88% to $1.46 billion. CEO CJ Desai raised full-year guidance on that strength. Shares have followed through, with MDB rising 43.65% over the past year and trading at $437.47 into the report.
Consensus Estimates Metric Q2 FY27 Estimate YoY Change FY27 Estimate FY28 Estimate Revenue $734.4M +24% $2.96B $3.48B EPS (Normalized) $1.609 +145% $6.13 $7.34 The Q2 EPS bar has climbed from $1.28 ninety days ago to $1.609, with 34 upward revisions in the past 30 days and zero cuts. Consensus now sits above the guidance midpoint, meaning MongoDB effectively needs to clear its own top end to keep the beat streak intact.
What I’m Watching Tonight: Atlas Consumption, AI Workloads, and Margin Leverage Tonight, I’ll be watching Atlas consumption first. Management guided Q2 Atlas growth to approximately 26%, a deceleration from 29.4%, and CFO Mike Berry described the segment as “more predictable and less sensitive” at scale. Any reacceleration reframes the multiple.
Second, analysts are of course going to be watching AI traction. Desai said “AI adoption of MongoDB technologies across our customer base continues to accelerate,” with vector search “far outpacing overall company growth.” New Adobe, Zomato, and 11 Labs deployments should give management fresh proof points.
Third, margins. Non-GAAP operating margin expanded to 18% from 16%, and the company targeted approximately 21% at the Q2 high end. Rule of 40 status is on the line.
Fourth, EA. Enterprise Advanced grew 13% last quarter, but management guided to approximately flat EA growth in the second half. Deal timing commentary matters.
Finally, the Clarity acquisition and federal push. Investors want scope on the $10 million annual services contribution and pipeline build.
Earnings History Quarter EPS Surprise Day-Of Move 1-Day Move 1-Week Move Q1 FY27 +11.53% +3.03% +20.36% +4.53% Q4 FY26 +12.08% -22.24% -1.87% +7.05% Q3 FY26 +66.23% +22.23% +0.98% +3.00% Q2 FY26 +52.39% +37.96% +7.58% +8.91% On average, shares moved 3.39% seven days after earnings over the past year.
Contact [email protected] for any questions or corrections.
Thomas Richmond
Thomas Richmond is a financial writer and content strategist with 5+ years of experience covering stocks and financial markets. He has published over 250 articles focused on individual stock analysis, helping investors better understand business fundamentals, stock valuations, and long-term opportunities.
Thomas previously served as a Content Lead at TIKR, a stock research platform, where he helped scale the company’s blog to hundreds of articles per month and contributed to a weekly newsletter reaching more than 100,000 investors.
He specializes in breaking down complex companies into clear, actionable insights for everyday investors, with a focus on fundamentals-driven research.
His work has also been featured on platforms including Seeking Alpha and Sure Dividend.
Outside of work, Thomas enjoys weight lifting and soccer.
Ultragenyx zveřejnila 96týdenní data ze studie GENGLYCOS/DTX401 u GSDIa: průměrná denní dávka kukuřičného škrobu klesla o 61 % při zachování glykemické kontroly. U 33 % původní skupiny a 42 % crossover skupiny byla noční dávka zcela ukončena.
At Week 96, participants across treatment and crossover groups experienced mean reduction in daily cornstarch intake of 61% while maintaining glycemic control, with most participants achieving reduction of at least 50%
Complete elimination of nighttime cornstarch dosing observed in 33% of DTX401 treatment group and 42% of crossover group, while maintaining glycemic control
Analyses at Week 48 showed that 83% of DTX401-treated participants met or exceeded their own expectations for meaningful cornstarch reduction
NOVATO, Calif., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) today announced the publication of 96-week data from its Phase 3 study of GENGLYCOS™ AAV gene therapy (pariglasgene brecaparvovec-opnr), also known as DTX401, for the treatment of glycogen storage disease type Ia (GSDIa) in The Journal of Inherited Metabolic Disease. GENGLYCOS was recently approved by the U.S. Food and Drug Administration (FDA) in patients ages eight and older with GSDIa.
“These results demonstrate the potential of gene therapy to provide greater stability in day-to-day life for patients with GSDIa and may help guard against the risk of severe hypoglycemia associated with missed doses of raw cornstarch," said Dr. John Mitchell, scientist in the Child Health and Human Development Program at the Research Institute of the McGill University Health Centre (The Institute), pediatric endocrinologist at the Montreal Children’s Hospital, lead author of the publication and an investigator on the study. “For me, the reduction in overnight cornstarch dosing will have the most meaningful impact by reducing sleep disruption, with patient-reported outcomes included in the publication underscoring the profound impact that cornstarch reductions may have on daily life. I view long-term outcomes from the 96-week period showing continued improvements as particularly important, offering valuable insight into how post-treatment management may continue to evolve and improve as clinical experience grows."
“The complete results from this Phase 3 study more fully capture the benefits of this gene therapy and the importance of providing patients the ability to breakdown glycogen to provide a source of glucose during fasting or times of increased metabolic demands,” said Eric Crombez, M.D., chief medical officer at Ultragenyx. “Most patients achieved cornstarch reductions that met or exceeded their own expectations, with substantially less overnight treatment burden and reduced dependence on the around-the-clock cornstarch need that defines life with this disease. Importantly, reducing cornstarch dependence while maintaining glycemic control indicates the establishment of the liver’s ability to regulate glucose production on its own, giving us confidence that the therapy is directly addressing the underlying cause of disease and offering protection from the risk of life-threatening hypoglycemia.”
Authors emphasize statistically significant and clinically meaningful reductions in cornstarch while maintaining glycemic control
As previously reported, the study met its primary endpoint with patients treated with DTX401 (n=20) experiencing a mean reduction in cornstarch of 41% at Week 48 compared to 10% reduction in the placebo group (n=24) (p < 0.0001). Data at Week 96 showed even greater improvements, with both the DTX401 group (n=20) and the crossover group (n=19) achieving a mean reduction in daily cornstarch intake of 61% from baseline. Participants in both groups also experienced statistically significant improvements in other cornstarch-related endpoints.
Additionally, 72% of participants in the crossover-DTX401 group and 67% of participants in the original DTX401 group achieved reductions of at least 50% in daily cornstarch intake by Week 96. In the manuscript, the authors noted that reductions within the crossover period are particularly meaningful, as that period more closely approximates anticipated patient management in a real-world setting.
Importantly, participants maintained low levels of hypoglycemia and improved levels in euglycemic range (70-120 mg/dL) throughout the second year of the study despite substantial reductions in daily cornstarch intake. Participants dosed with DTX401 also experienced improved normalized fasting tolerance in a controlled fasting challenge (CFC) through year 2 of the study, supporting the potential for protection from severe hypoglycemia (< 54 mg/dL).
Publication offers additional insights into nighttime treatment burden
The publication provides detailed analyses of nighttime cornstarch use, one of the most burdensome aspects of current GSDIa management.
Among participants requiring nighttime cornstarch at baseline:
At Week 48, 50% of DTX401-treated participants eliminated at least one nighttime cornstarch dose compared with 7% of placebo-treated participants (p=0.031).At Week 96, 67% of participants in both treatment groups eliminated at least one nighttime cornstarch dose.By Week 96, 33% of original DTX401 participants and 42% of crossover-DTX401 participants had completely eliminated nighttime cornstarch dosing. Despite substantial reductions in daily and nighttime cornstarch use, participants maintained glycemic control throughout the study, without inducing severe hypoglycemic episodes. These findings build upon previously reported reductions in nighttime cornstarch requirements and provide additional insight into the impact of DTX401 on overnight disease management.
Patient-reported outcomes support treatment effect as clinically meaningful
Authors detailed findings of a patient-centered analysis that showed the average reduction in daily cornstarch intake considered meaningful by participants at baseline was 45%. At Week 48, 83% of DTX401-treated participants met or exceeded their own baseline expectations for meaningful reduction in cornstarch use, with continued improvements through Week 96.
At Week 48, 79% of DTX401-treated participants reported improvement in GSDIa on the Patient Global Impression of Change compared with 52% of placebo-treated participants (p=0.131); at Week 96, improvement was reported by 95% of crossover-DTX401 participants and 83% of original DTX401 participants.
The publication further characterizes how reducing cornstarch requirements affected overall nutritional management. At baseline, cornstarch accounted for nearly 50% of study participants’ total caloric intake. Following treatment with DTX401, participants were able to transition to a more balanced, food-based diet closer to the U.S. Dietary Guidelines for the general population.
DTX401 was generally well tolerated with an acceptable safety profile
Consistent with previously reported findings, the authors concluded that DTX401 demonstrated an acceptable and manageable safety profile. The most common treatment-related adverse events were transient elevations in liver enzymes, which were generally nonserious and managed with prophylactic corticosteroids.
No AAV8 class effects of dorsal root ganglion toxicity, malignancy, or thrombotic microangiopathy were observed in the study through Week 96. Hypertriglyceridemia was observed in all study groups but more frequently following DTX401 treatment.
INDICATION
GENGLYCOS (pariglasgene brecaparvovec-opnr) is indicated to reduce daily cornstarch intake as an adjunct to nutritional management in adult and pediatric patients 8 years of age and older with glycogen storage disease type Ia (GSDIa).
This indication is approved under accelerated approval based on reduction in daily cornstarch intake. Continued approval for this indication may be contingent upon verification of clinical benefit in confirmatory trial(s).
IMPORTANT SAFETY INFORMATION
CONTRAINDICATIONS
GENGLYCOS is contraindicated in patients with known severe hepatic fibrosis or cirrhosis.
WARNINGS AND PRECAUTIONS
Hypersensitivity and Infusion Reactions (IRs)
Hypersensitivity reactions including anaphylaxis and IRs have occurred with GENGLYCOS treatment. Severe reactions have been reported. Monitor for signs and symptoms of hypersensitivity and IRs, including urticaria, flushing, hypotension, bronchospasm, dyspnea, chest tightness, nausea, vomiting, headache, abdominal pain, lightheadedness, flu-like symptoms, shivering, rash, and hypertension.Premedicate with acetaminophen and non-sedating antihistamines and administer GENGLYCOS according to recommended infusion rates. Monitor patients during and after completion of GENGLYCOS infusion as clinically indicated. If anaphylaxis or severe IR occurs, pause GENGLYCOS infusion immediately and initiate medical treatment as clinically indicated, monitoring as needed. For mild to moderate IRs, consider slowing or temporarily interrupting the infusion, and administer symptomatic treatment as clinically indicated. The infusion may be restarted at half the prior rate upon resolution of symptoms.Medical support measures, including cardiopulmonary resuscitation equipment and medications for the treatment of anaphylaxis (e.g., epinephrine, antihistamines, corticosteroids), should be available during GENGLYCOS administration. Hepatotoxicity
Immune-mediated hepatotoxicity, with elevated alanine aminotransferase (ALT) and/or aspartate aminotransferase (AST) levels, has occurred with GENGLYCOS. Avoid use in patients with preexisting hepatic impairment or acute hepatic viral infection.Prior to GENGLYCOS infusion, evaluate liver-related medical history and assess liver function by clinical examination and laboratory testing. Advise patients to immediately report signs and symptoms of hepatotoxicity, including fatigue, jaundice, dark urine, nausea, vomiting, and right upper quadrant pain. Administer corticosteroids to all patients after GENGLYCOS infusion in order to mitigate hepatic reactions. Elevated transaminases may require adjustment of the corticosteroid treatment regimen, including increased dose or prolongation of the corticosteroid taper.Monitor transaminase levels for the first 6 months after GENGLYCOS administration. Continue to monitor transaminases in all patients who develop transaminase elevations, until transaminases return to baseline or as clinically indicated. Adrenal Insufficiency
Adrenal insufficiency, including serious events, has been reported in patients receiving GENGLYCOS during corticosteroid use and tapering.Signs and symptoms of adrenal insufficiency include fatigue, weakness, anorexia, nausea, vomiting, hypotension, hyponatremia, and hypoglycemia. Adrenal crisis may present as severe hypotension, acute abdominal pain, or loss of consciousness.Monitor patients for signs and symptoms of adrenal insufficiency and adrenal crisis after GENGLYCOS administration during and after corticosteroid therapy and tapering. Taper corticosteroid therapy gradually. Do not abruptly discontinue corticosteroid therapy. AAV Vector Integration and Risk of Tumorigenicity
There is a theoretical risk of tumorigenicity due to integration of AAV vector DNA into the genome.GENGLYCOS is composed of a recombinant, non-replicating AAV8 vector whose DNA persists largely in episomal form. Random integration of recombinant AAV-vector DNA into human DNA has been reported with AAV gene therapies. The clinical relevance of individual integration events is unknown, but it is acknowledged that individual integration events could potentially contribute to a risk of tumorigenicity. If a tumor develops in a patient receiving GENGLYCOS, health care providers should contact and report the tumor to Ultragenyx Pharmaceutical Inc. at 1-888-756-8657. Adverse Reactions
Seven serious adverse events were observed in the Primary Efficacy Analysis Period (PEAP) of Study 1 (Weeks 1-48), including anaphylaxis/infusion reaction (2), adrenal insufficiency (2), high lactate level (2) and hypoglycemia (1).The most common adverse reactions during the PEAP of Study 1 (occurring in ≥10% of patients) with higher frequency in GENGLYCOS compared to placebo were ALT/AST Enzyme elevated (71%), Nausea (38%), Headache (24%), Hypertriglyceridemia (29%), Adrenal Insufficiency (24%), Constipation (19%), Hyperglycemia (14%), Acne/Dermatitis Acneiform (19%), Cushingoid Features (14%), and Anaphylaxis (10%). DRUG INTERACTIONS
Vaccinations
Vaccine schedules may need to be adjusted for immunosuppressive therapy, and vaccines should be avoided 1 month prior to GENGLYCOS administration. USE IN SPECIFIC POPULATIONS
Pregnancy
GENGLYCOS should not be used during pregnancy. There are no data on the use of GENGLYCOS in pregnant women. It is unknown whether GENGLYCOS can cause fetal harm when administered to a pregnant woman or can affect reproductive capacity. Contraception
Women of childbearing potential should use effective contraception for at least 12 months after administration of GENGLYCOS.For 6 months after administration of GENGLYCOS, men must not donate semen, and men of reproductive potential and their female partners must prevent or postpone pregnancy using an effective form of contraception. ADDITIONAL PATIENT COUNSELING INFORMATION
Vector Shedding
Inform patients/caregivers that vector distribution in blood and vector shedding in urine, stool, and saliva can occur after GENGLYCOS infusion. Advise patients/caregivers on proper hygiene when handling patient body waste. These precautions should be followed for 3 months after GENGLYCOS infusion. Report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch or call 1-800-FDA-1088. You may also report side effects to Ultragenyx Pharmaceutical Inc. at 1-888-756-8657.
Please see the full Prescribing Information for GENGLYCOS.
About the Phase 3 GlucoGene study
The 48-week randomized, double-blind, placebo-controlled study treated 46 participants aged eight years and older with DTX401 (1.0 x 10^13 GC/kg dose measured by ddPCR) or placebo. There were 44 participants in the modified intention-to-treat (mITT) population providing efficacy data within the Week 48 analysis period following treatment with DTX401 (n=20) or placebo (n=24). At Week 48, eligible participants crossed over and received the alternate treatment. After crossover, participants continued to be followed with analyses conducted at Week 96 and Week 144. After study completion, participants will be offered enrollment into the GSDIa Disease Monitoring Program (DMP) where they will be followed for 10 years post-DTX401 infusion.
About Glycogen Storage Disease Type Ia (GSDIa)
GSDIa is an ultra-rare, serious, and life-threatening disease due to an inborn error of carbohydrate metabolism caused by pathogenic variants of the G6PC gene, which encodes G6Pase, an enzyme that is critical for the release of glucose from glycogen and other metabolic sources. Deficiency of G6Pase activity results in severe hypoglycemia during periods of fasting between meals and during the night along with excess hepatic glycogen storage, metabolic derangements and other disease related complications. Cornstarch is critical in the management of GSDIa throughout the day and night in providing an exogenous source of glucose to help avoid sudden and severe drops in plasma glucose levels; however, current management strategies carry a significant burden to patients and families. GSDIa affects approximately 1,500-2,500 patients in the U.S. and 6,000-8,000 worldwide within commercially accessible geographies.
About Ultragenyx
Ultragenyx is a biopharmaceutical company committed to bringing novel products to patients for the treatment of serious rare and ultra-rare genetic diseases. The company has built a diverse portfolio of approved therapies and product candidates aimed at addressing diseases with high unmet medical need and clear biology for treatment, for which there are typically no approved therapies treating the underlying disease.
The company is led by a management team experienced in the development and commercialization of rare disease therapeutics. Ultragenyx’s strategy is predicated upon time- and cost-efficient drug development, with the goal of delivering safe and effective therapies to patients with the utmost urgency.
For more information on Ultragenyx, please visit the company's website at: www.ultragenyx.com.
Forward-Looking Statements and Use of Digital Media
Except for the historical information contained herein, the matters set forth in this press release, including statements regarding the interpretation, significance and potential implications of the published 96-week Phase 3 data and analyses for GENGLYCOS (also known as DTX401); the clinical meaningfulness and durability of reductions in daily and nighttime cornstarch requirements; the ability of patients to maintain glycemic control and improve fasting tolerance following treatment; the potential for GENGLYCOS to protect against severe hypoglycemia, reduce treatment burden, improve nutritional management and provide other patient benefits; the safety and tolerability of GENGLYCOS; expectations regarding continued follow-up of study participants and the design, enrollment, timing, conduct and results of the GSDIa Disease Monitoring Program and other post-marketing requirements; Ultragenyx’s ability to confirm clinical benefit, satisfy FDA requirements and maintain accelerated approval for GENGLYCOS; and estimates of the prevalence of GSDIa and the potential patient population for GENGLYCOS, are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve substantial risks and uncertainties that could cause actual results to differ significantly from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, the risk that results from a limited number of study participants, including crossover and other analyses, may not be replicated or predictive of future or real-world results; the risk that longer-term follow-up may not demonstrate sustained efficacy, durability, safety or patient benefit; risks related to serious or undesirable side effects, including risks associated with AAV gene therapy; Ultragenyx’s ability to complete post-marketing requirements within required timeframes and confirm clinical benefit; the risk that the FDA may modify the approved indication or impose additional requirements, or may withdraw accelerated approval if clinical benefit is not confirmed or post-marketing requirements are not satisfied; and other matters that could affect the availability or commercial potential of Ultragenyx’s products and product candidates. Ultragenyx undertakes no obligation to update or revise any forward-looking statements.
For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Ultragenyx in general, see Ultragenyx's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (SEC) on August 5, 2026, and its subsequent periodic reports filed with the SEC.
In addition to its SEC filings, press releases and public conference calls, Ultragenyx uses its investor relations website and social media outlets to publish important information about the company, including information that may be deemed material to investors, and to comply with its disclosure obligations under Regulation FD. Financial and other information about Ultragenyx is routinely posted and is accessible on Ultragenyx’s Investor Relations website (https://ir.ultragenyx.com/) and LinkedIn website (https://www.linkedin.com/company/ultragenyx-pharmaceutical-inc-/).
Lamar Advertising Company schválila čtvrtletní hotovostní dividendu ve výši 1,65 USD na akcii. Vyplacena bude 30. září 2026 akcionářům zapsaným k 21. září 2026.
BATON ROUGE, La., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.65 per share payable on September 30, 2026 to stockholders of record of Lamar’s Class A common stock and Class B common stock on September 21, 2026. Subject to the approval of its board of directors, Lamar expects aggregate quarterly distributions to stockholders in 2026, including the dividend payable on September 30, 2026, will total at least $6.50 per common share.
Forward-Looking Statements
This press release contains “forward-looking statements” concerning Lamar Advertising Company’s goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical facts. Actual results may differ materially from those indicated in our forward-looking statements as a result of various factors, including those factors set forth in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025, as supplemented by any risk factors contained in our Quarterly Reports on Form 10-Q and our Current Reports on Form 8-K. We undertake no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.
About Lamar Advertising Company
Founded in 1902, Lamar Advertising Company is one of the largest outdoor advertising companies in North America, with over 360,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with over 5,700 displays.
Company Contact:
Buster Kantrow
Director of Investor Relations
Lamar Advertising Company
(225) 926-1000 [email protected]
SAN FRANCISCO--(BUSINESS WIRE)--All-Remote–GitLab Inc. (NASDAQ: GTLB), the intelligent orchestration platform for DevSecOps, today reported financial results for its second quarter fiscal year 2027, ended July 31, 2026.
“Q2 was an exceptional quarter, with record gross bookings and net ARR growth exceeding 40% year over year,” said Bill Staples, GitLab Chief Executive Officer. “As AI drives more software creation and more work through the development lifecycle, the context, security, governance and control GitLab provides become increasingly valuable. We believe this creates a significant opportunity for GitLab as humans and agents increasingly build software together.”
“I am proud of our team’s performance, which delivered revenue growth of 21% and continued improvement across the business,” said Jessica Ross, GitLab Chief Financial Officer. “We saw sequential acceleration in dollar-based net retention and meaningful operating leverage, reflecting the strength of our execution and the increasing scalability of our model. These results demonstrate the durability of our growth opportunity and our ability to create long-term value.”
GitLab posted a letter on the Investor Relations section of its website at https://ir.gitlab.com to capture additional information about the company’s strategic investments that are designed to drive durable revenue growth.
Business Highlights:
Introduced a new commercial model with GitLab Flex to give customers one annual commitment covering platform seats, GitLab Credits, and new eligible capabilities as they become available, with monthly reservations that can be reshaped as needs change without contract amendments. Launched GitLab Secrets Manager, which is now available as a usage-based add-on for Premium and Ultimate customers on GitLab.com, to make credentials easier to rotate and less likely to leak while bringing them under the same permissions and audit trail as the code that uses them. Expanded context for AI agents with GitLab Orbit, available in public beta, by connecting code, work items, pipelines, deployments, and production signals into a unified context graph, helping agents respond up to 11x faster with up to 45x fewer hallucinations in internal testing. Recognized as a Leader in the Gartner® Magic Quadrant™ for DevSecOps Platforms1 for the fourth consecutive year, reinforcing the value of a unified platform that gives enterprises speed with control across the software lifecycle. Quantified the potential business value of GitLab Duo Agent Platform through an independent Forrester Consulting Total Economic Impact™ study, which found organizations can achieve a 400% return on investment and $7.5 million in net present value (NPV) over three years, with payback in under six months. Second Quarter Fiscal Year 2027 Financial Highlights (in millions, except per share data and percentages):
Q2 FY 2027
Q2 FY 2026
Y/Y Change
Revenue
$
286.3
$
236.0
21
%
GAAP Gross margin
84
%
88
%
Non-GAAP Gross margin
86
%
90
%
GAAP Operating margin
(20
)%
(8
)%
Non-GAAP Operating margin
15
%
17
%
GAAP Operating loss
$
(56.9
)
$
(18.4
)
$
(38.5
)
Non-GAAP Operating income
$
42.6
$
39.6
$
3.0
GAAP Net loss attributable to GitLab
$
(36.8
)
$
(9.2
)
$
(27.6
)
Non-GAAP Net income attributable to GitLab
$
42.1
$
40.9
$
1.2
GAAP Net loss per share attributable to GitLab, basic
$
(0.22
)
$
(0.06
)
$
(0.16
)
GAAP Net loss per share attributable to GitLab, diluted
$
(0.22
)
$
(0.06
)
$
(0.16
)
Non-GAAP Net income per share attributable to GitLab, basic
$
0.25
$
0.25
$
—
Non-GAAP Net income per share attributable to GitLab, diluted
$
0.24
$
0.24
$
—
GAAP net cash provided by operating activities
$
(3.1
)
$
49.4
$
(52.5
)
Non-GAAP adjusted free cash flow
$
9.8
$
46.5
$
(36.7
)
A reconciliation between GAAP and non-GAAP financial measures is contained in this release under the section titled “Non-GAAP Financial Measures.”
Additional Second Quarter Fiscal Year 2027 Financial Highlights:
First Order growth of more than 100% year on year. Customers with more than $5,000 of ARR reached 11,114, an increase of 8% year-over-year. Customers with more than $100,000 of ARR reached 1,571, an increase of 17% year-over-year. Dollar-Based Net Retention Rate was 117%. Total RPO grew 16% year-over-year to $1.2 billion, while cRPO grew 20% to $744.7 million. In the quarter, GitLab repurchased approximately 3.5 million shares. Third Quarter and Fiscal Year 2027 Financial Outlook
For the third quarter and fiscal year 2027, GitLab Inc. expects (in millions, except share and per share data):
Q3 FY 2027 Guidance
FY 2027 Guidance
Revenue
$281 - $283
$1,129 - $1,133
Non-GAAP operating income
$35 - $37
$148 - $152
Non-GAAP diluted net income per share assuming approximately 172 million and 172 million weighted average shares outstanding during Q3 FY 2027 and FY 2027, respectively.
$0.19 - $0.20
$0.85 - $0.87
These statements are forward-looking and actual results may differ materially as a result of many factors. Refer to the Forward-Looking Statements safe harbor below for information on the factors that could cause our actual results to differ materially from these forward-looking statements.
A reconciliation of GAAP to non-GAAP financial measures has been provided in the financial statement tables included in this press release. An explanation of these measures is also included below in Non-GAAP Financial Measures. We have not provided the most directly comparable GAAP financial guidance measures because certain items are out of our control or cannot be reasonably predicted. Accordingly, a reconciliation of non-GAAP guidance for operating income (loss) and net income (loss) per share to the corresponding GAAP measures is not available.
Conference Call Information
GitLab will host a conference call today, September 1, 2026, at 1:30 p.m. (PT) / 4:30 p.m. (ET) to discuss its second quarter fiscal year 2027 financial results and its guidance for the third quarter and full fiscal year 2027. Interested parties may register for the call in advance by visiting https://bit.ly/4qpW4tl. A live webcast of this conference call will be available on GitLab’s investor relations website (ir.gitlab.com), and a replay will also be archived on the website for one year.
About GitLab
GitLab is the intelligent orchestration platform for DevSecOps. GitLab enables organizations to increase developer productivity, improve operational efficiency, reduce security and compliance risk, and accelerate digital transformation. More than 50 million registered users and approximately 50% of the Fortune 100* trust GitLab to ship better, more secure software faster.
*Fortune 500® is a registered trademark of Fortune Media IP Limited, used under license. Claim based on GitLab data. Fortune 100 refers to the top 20% ranked companies in the 2025 Fortune 500 list, published in June 2025. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of GitLab.
Non-GAAP Financial Measures
GitLab believes non-GAAP measures are useful in evaluating its operating performance. GitLab uses this supplemental information to evaluate its ongoing operations and for internal planning and forecasting purposes. GitLab believes that non-GAAP financial information, when taken collectively with its GAAP financial information, may be helpful to investors because it provides consistency and comparability with past financial performance. However, non-GAAP financial information is presented for supplemental informational purposes only, has limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. Reconciliations of non-GAAP financial measures to the most directly comparable financial results as determined in accordance with GAAP are included at the end of this press release following the accompanying financial data. We define non-GAAP financial measures as GAAP measures, excluding certain items such as stock-based compensation expense, amortization of acquired intangible assets, foreign exchange (gain) loss, acquisition related expenses, charitable donation of common stock, restructuring charges, a non-recurring income tax adjustment related to bilateral advance pricing agreement (“BAPA”) negotiations, non-recurring charges associated with the formation of our GitLab Information Technology (Hubei) Co., LTD Joint Venture in China (“JiHu”), and other expenses that the Company believes are not indicative of its ongoing operations. In addition to these exclusions, effective Q1 FY26 we utilize a fixed long-term projected tax rate in our computation of the non-GAAP income tax provision which reflects the new location of GitLab’s intellectual property in the U.S. following the conclusion of our bilateral advance pricing agreements. For FY26 and FY27, we have determined the projected non-GAAP tax rate to be 22%. Shares used for net income per share on a non-GAAP basis include incremental dilutive shares related to restricted stock units, options, and shares issuable under GitLab Inc.’s 2021 Employee Stock Purchase Plan that are anti-dilutive on a GAAP basis. A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty of expenses that may be incurred in the future. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures and not rely on any single financial measure to evaluate our business.
Adjusted Free Cash Flow
Adjusted free cash flow is a non-GAAP financial measure that we calculate as net cash provided by operating activities less cash used for purchases of property and equipment, plus any non-recurring income tax payments related to the BAPA or minus any non-recurring income tax refunds related to the BAPA, plus any non-recurring payments related to the formation of JiHu. We believe that adjusted free cash flow is a useful indicator of liquidity that provides information to management and investors about the amount of cash generated from our operations that, after the investments in property and equipment, any non-recurring income tax payments or refunds related to the BAPA, and any non-recurring payments related to the formation of JiHu, can be used for strategic initiatives, including investing in our business, and strengthening our financial position. One limitation of adjusted free cash flow is that it does not reflect our future contractual commitments. Additionally, adjusted free cash flow does not represent the total increase or decrease in our cash balance for a given period.
Forward-Looking Statements
This press release and the accompanying earnings call contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Although we believe that the expectations reflected in the forward-looking statements contained in this release and the accompanying earnings call are reasonable, they are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results or outcomes to be materially different from any future results or outcomes expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions, and other factors include, but are not limited to the following:
our ability to effectively manage our growth; our revenue growth rate in the future; our ability to achieve and sustain profitability, our business, financial condition, and operating results; security and privacy breaches; intense competition in our markets and loss of market share to our competitors; our ability to respond to rapid technological changes; the market for our services may not grow; a decline in our customer renewals and expansions; fluctuations in our operating results; our incorporation of artificial intelligence features into our products; our transparency; our publicly available company Handbook; customers staying on our free self-managed or SaaS product offering; our ability to accurately predict the long-term rate of customer subscription renewals or adoption, or the impact of these renewals and adoption; our hiring model; the effects of ongoing armed conflict in different regions of the world on our business; and general economic conditions (including changes in interest rates, inflation, tariffs, regulatory uncertainty (including with respect to the federal budget and potential government shutdowns), volatile capital markets, and actual or perceived instability in the global banking sector) and slow or negative growth of our markets. Further information on these and additional risks, uncertainties, and other factors that could cause actual outcomes and results to differ materially from those included in or contemplated by the forward-looking statements contained in this release are included under the caption “Risk Factors” and elsewhere in the filings and reports we make with the Securities and Exchange Commission. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events, except as required by law.
Operating Metrics
Annual Recurring Revenue (“ARR”): We define annual recurring revenue as the annual run-rate revenue of subscription agreements, including our self-managed and SaaS offerings but excluding professional services, from all customers as measured on the last day of a given month. We calculate ARR by taking the monthly recurring revenue (“MRR”) and multiplying it by 12. MRR for each month is calculated by aggregating, for all customers during that month, monthly revenue from committed contractual amounts of subscriptions, including our self-managed license, self-managed subscription, and SaaS subscription offerings but excluding professional services.
Dollar-Based Net Retention Rate: We calculate Dollar-Based Net Retention Rate as of a period end by starting with our customers as of the 12 months prior to such period end (“Prior Period ARR”). We then calculate the ARR from these customers as of the current period end (“Current Period ARR”). The calculation of Current Period ARR includes any upsells, price adjustments, user growth within a customer, contraction, and attrition. We then divide the total Current Period ARR by the total Prior Period ARR to arrive at the Dollar-Based Net Retention Rate.
GitLab Inc.
Condensed Consolidated Balance Sheets
(in thousands, except per share data)
(unaudited)
July 31, 2026(1)
January 31, 2026(1)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
$
226,491
$
229,576
Short-term investments
1,030,495
1,030,327
Accounts receivable, net of allowance for doubtful accounts of $1,018 and $967 as of July 31, 2026 and January 31, 2026, respectively
257,343
304,301
Deferred contract acquisition costs, current
39,588
42,676
Prepaid expenses and other current assets
41,138
48,899
Total current assets
1,595,055
1,655,779
Property and equipment, net
11,093
11,815
Goodwill
17,446
17,379
Intangible assets, net
5,744
9,774
Deferred contract acquisition costs, non-current
27,431
23,705
Other non-current assets
5,063
4,295
TOTAL ASSETS
$
1,661,832
$
1,722,747
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable
$
9,955
$
9,205
Accrued expenses and other current liabilities
51,580
58,185
Accrued compensation and benefits
46,932
39,657
Deferred revenue and customer advances, current
553,844
545,096
Total current liabilities
662,311
652,143
Deferred revenue, non-current
20,829
26,994
Other non-current liabilities
7,205
7,362
TOTAL LIABILITIES
690,345
686,499
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.0000025 par value; 50,000 shares authorized; no shares issued and outstanding as of July 31, 2026 and January 31, 2026
—
—
Class A Common stock, $0.0000025 par value; 1,500,000 shares authorized; 166,166 and 153,336 shares issued and outstanding as of July 31, 2026 and January 31, 2026, respectively
—
—
Class B Common stock, $0.0000025 par value; 250,000 shares authorized; 1,115 and 16,732 shares issued and outstanding as of July 31, 2026 and January 31, 2026, respectively
—
—
Additional paid-in capital
2,190,455
2,207,361
Accumulated deficit
(1,265,386
)
(1,223,570
)
Accumulated other comprehensive income
460
6,877
Total GitLab stockholders’ equity
925,529
990,668
Noncontrolling interests
45,958
45,580
TOTAL STOCKHOLDERS’ EQUITY
971,487
1,036,248
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
$
1,661,832
$
1,722,747
GitLab Inc.
Condensed Consolidated Statements of Operations
(in thousands, except per share data)
(unaudited)
Three Months Ended July 31,
Six Months Ended July 31,
2026
2025
2026
2025
Revenue:
Subscription—self-managed and SaaS
$
258,311
$
212,684
$
497,617
$
407,165
License—self-managed and other
27,943
23,276
52,795
43,304
Total revenue
286,254
235,960
550,412
450,469
Cost of revenue:
Subscription—self-managed and SaaS
38,258
21,753
68,849
41,021
License—self-managed and other
7,380
6,752
14,277
12,519
Total cost of revenue
45,638
28,505
83,126
53,540
Gross profit
240,616
207,455
467,286
396,929
Operating expenses:
Sales and marketing
134,363
109,583
253,721
217,170
Research and development
94,980
71,488
166,462
136,898
General and administrative
68,208
44,735
119,787
95,822
Total operating expenses
297,551
225,806
539,970
449,890
Loss from operations
(56,935
)
(18,351
)
(72,684
)
(52,961
)
Interest income
12,202
11,511
24,149
22,373
Other income (expense), net
5,406
(911
)
5,661
(10,882
)
Loss before income taxes
(39,327
)
(7,751
)
(42,874
)
(41,470
)
Provision for (benefit from) income taxes
(3,195
)
2,245
(1,163
)
4,784
Net loss
$
(36,132
)
$
(9,996
)
$
(41,711
)
$
(46,254
)
Net income (loss) attributable to noncontrolling interest
712
(788
)
105
(1,171
)
Net loss attributable to GitLab
$
(36,844
)
$
(9,208
)
$
(41,816
)
$
(45,083
)
Net loss per share attributable to GitLab Class A and Class B common stockholders, basic and diluted:
$
(0.22
)
$
(0.06
)
$
(0.25
)
$
(0.27
)
Weighted-average shares used to compute net loss per share attributable to GitLab Class A and Class B common stockholders, basic and diluted:
168,703
165,953
169,313
165,233
GitLab Inc.
Condensed Consolidated Statements of Cash Flows
(in thousands)
(unaudited)
Three Months Ended July 31,
Six Months Ended July 31,
2026
2025
2026
2025
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss, including amounts attributable to noncontrolling interest
$
(36,132
)
$
(9,996
)
$
(41,711
)
$
(46,254
)
Adjustments to reconcile net loss to net cash provided by operating activities:
Stock-based compensation expense, net of amounts capitalized
75,006
54,284
125,067
110,111
Charitable donation of common stock
1,166
1,787
1,987
3,526
Amortization of intangible assets
2,015
2,015
4,030
4,035
Depreciation and amortization
1,345
759
2,640
1,315
Amortization of deferred contract acquisition costs
10,580
13,370
23,504
27,269
Net amortization of premiums or discounts on short-term investments
(364
)
(2,609
)
(688
)
(5,605
)
Unrealized foreign exchange loss (gain), net
(2,249
)
1,069
(3,260
)
10,970
Other non-cash expense, net
451
192
640
400
Changes in assets and liabilities:
Accounts receivable
(57,325
)
3,859
46,031
69,787
Prepaid expenses and other current assets
1,303
1,219
7,690
2,746
Deferred contract acquisition costs
(15,002
)
(12,304
)
(24,747
)
(20,430
)
Other non-current assets
(1,147
)
(198
)
(919
)
181
Accounts payable
1,115
(472
)
762
3,114
Accrued expenses and other current liabilities
(21,419
)
(14,257
)
(6,968
)
(4,278
)
Accrued compensation and benefits
18,575
2,021
7,605
(11,063
)
Deferred revenue and customer advances
18,754
8,284
4,466
9,489
Other non-current liabilities
236
346
(24
)
358
Net cash provided by (used in) operating activities
(3,092
)
49,369
146,105
155,671
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of short-term investments
(199,621
)
(237,946
)
(421,817
)
(483,898
)
Proceeds from maturities of short-term investments
139,823
184,280
358,647
347,886
Proceeds from sales of short-term investments
50,476
—
60,398
1,367
Additions to property and equipment
(213
)
(2,904
)
(2,606
)
(3,816
)
Net cash used in investing activities
(9,535
)
(56,570
)
(5,378
)
(138,461
)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from the issuance of common stock upon exercise of stock options, including early exercises, net of repurchases
2,988
3,947
5,361
7,275
Issuance of common stock under employee stock purchase plan
6,886
8,404
6,886
8,404
Common stock repurchased
(104,637
)
—
(154,685
)
—
Payments for taxes related to net share settlement of equity awards
(748
)
—
(908
)
—
Net cash provided by (used in) financing activities
(95,511
)
12,351
(143,346
)
15,679
Impact of foreign exchange on cash and cash equivalents
(766
)
502
(466
)
833
Net increase (decrease) in cash and cash equivalents
(108,904
)
5,652
(3,085
)
33,722
Cash and cash equivalents at beginning of period
335,395
255,719
229,576
227,649
Cash and cash equivalents at end of period
$
226,491
$
261,371
$
226,491
$
261,371
GitLab Inc.
Reconciliation of GAAP to Non-GAAP
(in thousands, except per share data)
(unaudited)
Three Months Ended July 31,
Six Months Ended July 31,
2026
2025
2026
2025
Gross profit on GAAP basis
$
240,616
$
207,455
$
467,286
$
396,929
Gross margin on GAAP basis
84
%
88
%
85
%
88
%
Stock-based compensation expense
3,891
2,261
6,755
4,190
Amortization of acquired intangibles
2,015
2,015
4,030
4,035
Restructuring charges
1,023
—
1,023
—
Gross profit on non-GAAP basis
$
247,545
$
211,731
$
479,094
$
405,154
Gross margin on non-GAAP basis
86
%
90
%
87
%
90
%
Sales and marketing on GAAP basis
$
134,363
$
109,583
$
253,721
$
217,170
Stock-based compensation expense
(25,327
)
(19,950
)
(42,772
)
(42,041
)
Restructuring charges
(5,220
)
—
(5,220
)
—
Sales and marketing on non-GAAP basis
$
103,816
$
89,633
$
205,729
$
175,129
Research and development on GAAP basis
$
94,980
$
71,488
$
166,462
$
136,898
Stock-based compensation expense
(21,803
)
(19,197
)
(35,433
)
(33,469
)
Restructuring charges
(8,011
)
—
(8,011
)
—
Research and development on non-GAAP basis
$
65,166
$
52,291
$
123,018
$
103,429
General and administrative on GAAP basis
$
68,208
$
44,735
$
119,787
$
95,822
Stock-based compensation expense
(23,985
)
(12,876
)
(40,107
)
(30,411
)
Restructuring charges
(5,168
)
—
(5,168
)
—
Charitable donation of common stock
(1,166
)
(1,787
)
(1,987
)
(3,526
)
Acquisition related expenses
(607
)
(157
)
(917
)
(340
)
Other non-recurring charges
(1,285
)
320
(1,361
)
(643
)
General and administrative on non-GAAP basis
$
35,997
$
30,235
$
70,247
$
60,902
Loss from operations on GAAP basis
$
(56,935
)
$
(18,351
)
$
(72,684
)
$
(52,961
)
Stock-based compensation expense
75,006
54,284
125,067
110,111
Amortization of acquired intangibles
2,015
2,015
4,030
4,035
Restructuring charges
19,422
—
19,422
—
Charitable donation of common stock
1,166
1,787
1,987
3,526
Acquisition related expenses
607
157
917
340
Other non-recurring charges
1,285
(320
)
1,361
643
Income from operations on non-GAAP basis
$
42,566
$
39,572
$
80,100
$
65,694
Other income (expense), net on GAAP basis
$
5,406
$
(911
)
$
5,661
$
(10,882
)
Foreign exchange gains (losses), net
(1,817
)
1,117
(2,353
)
11,071
Other non-recurring charges (3)
(3,679
)
172
(3,497
)
342
Other income (expense), net on non-GAAP basis
$
(90
)
$
378
$
(189
)
$
531
Net loss attributable to GitLab common stockholders on GAAP basis
$
(36,844
)
$
(9,208
)
$
(41,816
)
$
(45,083
)
Stock-based compensation expense (2)
75,006
54,284
125,067
110,111
Amortization of acquired intangibles
2,015
2,015
4,030
4,035
Restructuring charges (1)
19,422
—
19,422
—
Charitable donation of common stock
1,166
1,787
1,987
3,526
Acquisition related expenses
607
157
917
340
Foreign exchange gains (losses), net
(1,817
)
1,117
(2,353
)
11,071
Income tax adjustment (4)
(15,068
)
(9,077
)
(24,034
)
(14,708
)
Other non-recurring charges (3)
(2,394
)
(148
)
(2,136
)
985
Net income attributable to GitLab common stockholders on non-GAAP basis
$
42,093
$
40,927
$
81,084
$
70,277
GAAP net loss per share, basic
$
(0.22
)
$
(0.06
)
$
(0.25
)
$
(0.27
)
GAAP net loss per share, diluted
$
(0.22
)
$
(0.06
)
$
(0.25
)
$
(0.27
)
Non-GAAP net income per share, basic
$
0.25
$
0.25
$
0.48
$
0.43
Non-GAAP net income per share, diluted
$
0.24
$
0.24
$
0.47
$
0.41
Shares used in per share calculation - basic on GAAP basis
168,703
165,953
169,313
165,233
Effect of dilutive securities
5,246
4,535
3,151
5,220
Shares used in per share calculation - diluted on non-GAAP basis
173,949
170,488
172,464
170,453
GitLab Inc.
Reconciliation of GAAP Cash Flow from Operating Activities to Adjusted Free Cash Flow
(in thousands)
(unaudited)
Three Months Ended July 31,
Six Months Ended July 31,
2026
2025
2026
2025
Computation of adjusted free cash flow
GAAP net cash provided by (used in) operating activities
$
(3,092
)
$
49,369
$
146,105
$
155,671
Less: Additions to property and equipment
(213
)
(2,904
)
(2,606
)
(3,816
)
Add: Non-recurring payments related to the formation of JiHu
Symbotic měl v posledním čtvrtletí objednávkovou knihu 22,5 miliardy USD, ale 85 % tržeb ve fiskálním roce 2025 pocházelo od Walmartu. Trh tak dál řeší vysokou koncentraci zákazníků.
Symbotic (SYM -3.65%), a developer of autonomous warehouse robots, went public through a merger with a special purpose acquisition company (SPAC) on June 8, 2022. It started trading at $10.51 per share, closed at a record high of $87.30 on Nov. 26, 2025, but now trades at $38.
Symbotic is still a divisive stock. The bulls are impressed by its robust revenue growth, its expanding margins, and its growing backlog -- which reached $22.5 billion in its latest quarter. But the bears will warn you that it's overly dependent on Walmart (WMT +1.00%) and that many investors overlook that customer concentration risk.
Image source: Getty Images.
Why is Symbotic so dependent on Walmart? Walmart is Symbotic's largest customer and one of its top investors. The world's largest retailer accounted for 85% of its revenue in fiscal 2025 (which ended last September), driven by a long-term contract to automate all of its U.S. regional distribution centers through 2037.
Symbotic also acquired Walmart's own robotics division in early 2025, and the two companies have been co-developing automated micro-fulfillment systems for its brick-and-mortar stores. In other words, Symbotic wouldn't exist in its current form without Walmart's support.
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Today's Change
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%) $
-1.45
Current Price
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How will Symbotic reduce its dependence on Walmart? Symbotic is trying to reduce its dependence on Walmart with four strategies. First, it's expanding Greenbox, a warehouse-as-a-service joint venture it launched with its other major investor, SoftBank (SFTBY -1.67%), in 2023. Instead of selling large-scale supply chain automation systems to large enterprise clients, GreenBox gives smaller businesses access to Symbotic's robotic systems through cheaper usage-based and subscription-based plans.
Second, Symbotic signed contracts with other retailers, including Target and Albertsons; beverage distribution companies; and healthcare logistics providers. Third, it acquired smaller companies -- such as Fox Robotics and ARMS Innovations -- to expand its ecosystem and gain footholds in adjacent markets. Lastly, Symbotic is gradually expanding beyond North America into Asia and Europe.
Does Symbotic's dependence on Walmart make it a weak investment? Symbotic's initial Master Automation Agreement (MAA) won't expire until 2037, which gives the company more than a decade to diversify its business. Walmart also won't abruptly end its relationship with Symbotic after the MAA ends, since it will still need the company to service its systems. Instead, it would likely expand that relationship or launch new automation projects.
From fiscal 2025 to fiscal 2028, analysts expect Symbotic's revenue and adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) to grow at CAGRs of 26% and 72%, respectively. Based on its true market cap (which includes its super-voting shares) of $24 billion, Symbotic still looks reasonably valued at less than seven times next year's sales. Therefore, it makes sense to buy Symbotic's stock today -- even if it depends on Walmart for most of its revenue.
PHOENIX--(BUSINESS WIRE)--Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced a planned leadership transition, effective January 4, 2027, whereby Nick Konat, current president and chief operating officer, will take on the role of chief executive officer and join the board of directors. Jack Sinclair, who has served as CEO since 2019, will transition to the role of executive chairman.
Sinclair said, “The Board and I have spent significant time and consideration developing our succession plan, and we believe that now is the right time to transition Sprouts to its next generation of leadership. Following the Board’s comprehensive search process, we determined that Nick was the right leader for Sprouts. I’ve worked closely with Nick since he joined Sprouts in 2022 and seen firsthand his talent, drive and strong dedication to our people. He played a central role in shaping and executing our strategy, and I have tremendous confidence in his ability to lead the company to new heights. I want to thank all our team members for their deep commitment to Sprouts and their support for each other, our customers, our communities and our shareholders. I will be supporting Nick during the transition period, and it will be a privilege for me to continue serving Sprouts as its executive chairman.”
“Jack has guided the company through a significant phase of transformation and value creation. We are extremely grateful for his leadership,” said Joe Fortunato, chairman of the board of Sprouts. “I am proud of the work that our Board has put into our succession planning. The Board believes that Nick’s experience, along with his deep knowledge of our business and Sprouts’ unique culture and market position, make him the ideal leader for the next phase of the company’s journey. We are also pleased that Jack will continue serving as a trusted partner to him. This transition enables Jack’s ongoing involvement while allowing Nick’s significant depth and breadth of experience to shine even brighter.”
“It will be an honor to serve as the next CEO of Sprouts at this exciting and important time for our company,” said Konat. “We remain focused on executing our growth strategy, expanding into new markets and strengthening our connection with customers as we navigate an evolving consumer environment. I am grateful to Jack and our Board for their leadership, support, and confidence in me. I look forward to continuing to work closely with Jack to ensure a seamless transition. Since I joined Sprouts, our dedicated team and our purpose—to help people live and eat better—have inspired me every day. Looking ahead, I am confident in the opportunities before us and in our ability to build on our momentum and create long-term value for our shareholders.”
As part of this leadership transition, Joe Fortunato will serve as lead independent director beginning January 4, 2027, the first day of Sprouts’ 2027 fiscal year.
About Nick Konat
Konat joined Sprouts in March 2022 as president and chief operating officer where he has overseen the company’s operations, marketing, merchandising, supply chain, and innovation functions. Konat previously served at Petco Health and Wellness Company for over six years, culminating as chief merchandising officer. Prior to joining Petco, Konat served over nine years at Target Corporation, where he held a range of merchandising, planning, and leadership roles across the food and fashion categories. Konat also spent six years with Accenture plc, a multinational professional services company. Konat holds an honors bachelor’s degree in political science and government from St. John’s University.
About Sprouts Farmers Market, Inc.
Sprouts Farmers Market is one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the United States. Sprouts helps people live and eat better with fresh produce at the heart of the store and delicious discoveries for every dietary lifestyle. Always foraging for what’s fresh and innovative, Sprouts offers a carefully curated assortment of products that inspire wellness naturally, including organic, gluten-free, plant-based and non-GMO favorites. Headquartered in Phoenix, AZ, Sprouts employs approximately 36,000 team members and operates more than 480 stores in 25 states nationwide. To learn more about Sprouts and the role it plays in its communities, visit sprouts.com/about/.
Forward-Looking Statements
Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including those using “believes,” “will,” “look forward,” or “am confident” or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, statements regarding the company’s outlook, growth, opportunities and long-term strategy. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. These risks and uncertainties include, without limitation, risks related to the upcoming CEO transition; the company’s ability to execute on its long-term strategy; the company’s ability to successfully compete in its competitive industry; the company’s ability to successfully open new stores; the company’s ability to manage its growth; the company’s ability to maintain or improve its operating margins; the company’s ability to identify and react to trends in consumer preferences in a timely manner; product supply disruptions; equipment supply disruptions; general economic conditions that impact consumer spending or result in competitive responses; accounting standard changes; potential inflationary and/or deflationary trends; tariffs; and other factors as set forth from time to time in the company’s Securities and Exchange Commission filings, including, without limitation, the company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The company intends these forward-looking statements to speak only as of the time of this release and does not undertake to update or revise them as more information becomes available, except as required by law.
