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2026-09-09 12:03 16h ago
2026-09-09 03:53 1d ago
Danaher Corporation $DHR Shares Acquired by Concurrent Investment Advisors LLC
DHR Danaher
FMP Stock News
Original source text
Concurrent Investment Advisors LLC lifted its stake in shares of Danaher Corporation (NYSE:DHR – Free Report) by 29.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,715 shares of the conglomerate’s stock after acquiring an additional 2,691 shares during the period. Concurrent Investment Advisors LLC’s holdings in Danaher were worth $2,231,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. NEOS Investment Management LLC raised its stake in Danaher by 10.8% during the second quarter. NEOS Investment Management LLC now owns 102,582 shares of the conglomerate’s stock worth $19,540,000 after purchasing an additional 10,013 shares during the period. Braidwell LP grew its stake in shares of Danaher by 8.1% in the 2nd quarter. Braidwell LP now owns 150,627 shares of the conglomerate’s stock valued at $28,691,000 after buying an additional 11,300 shares during the period. Greenspring Advisors LLC increased its holdings in shares of Danaher by 94.5% during the 2nd quarter. Greenspring Advisors LLC now owns 2,373 shares of the conglomerate’s stock worth $452,000 after buying an additional 1,153 shares during the last quarter. Nykredit A S acquired a new stake in shares of Danaher during the 2nd quarter worth approximately $32,719,000. Finally, Investors Research Corp raised its position in shares of Danaher by 28,000.0% during the 2nd quarter. Investors Research Corp now owns 2,810 shares of the conglomerate’s stock valued at $535,000 after buying an additional 2,800 shares during the period. Institutional investors and hedge funds own 79.05% of the company’s stock.

Analyst Ratings Changes A number of research analysts recently commented on DHR shares. Wells Fargo & Company decreased their price objective on Danaher from $212.00 to $195.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 22nd. Weiss Ratings raised Danaher from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $240.00 target price on shares of Danaher in a research report on Wednesday, July 22nd. TD Cowen decreased their price target on Danaher from $240.00 to $236.00 and set a “buy” rating on the stock in a research note on Wednesday, July 22nd. Finally, Piper Sandler started coverage on Danaher in a research report on Thursday, June 11th. They set a “neutral” rating and a $200.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $228.91.

Get Our Latest Stock Report on DHR Danaher Trading Down 1.2% Shares of DHR stock opened at $205.23 on Wednesday. Danaher Corporation has a fifty-two week low of $160.93 and a fifty-two week high of $242.80. The company has a 50 day moving average price of $202.33 and a 200 day moving average price of $192.13. The stock has a market capitalization of $144.28 billion, a P/E ratio of 36.45, a price-to-earnings-growth ratio of 2.59 and a beta of 0.78. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.25 and a current ratio of 1.65.

Danaher (NYSE:DHR – Get Free Report) last issued its quarterly earnings results on Monday, July 20th. The conglomerate reported $1.94 earnings per share for the quarter, topping the consensus estimate of $1.85 by $0.09. The company had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.12 billion. Danaher had a return on equity of 11.04% and a net margin of 15.95%.Danaher’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.77 EPS. Equities research analysts predict that Danaher Corporation will post 8.53 EPS for the current fiscal year.

About Danaher (Free Report)

Danaher Corporation (NYSE:DHR) is a global science and technology company that develops products, services and solutions for the life sciences, biotechnology and diagnostics markets. Its businesses support pharmaceutical and biotechnology research, biomanufacturing, clinical laboratories and healthcare providers.

The company’s portfolio includes bioprocessing technologies, laboratory instruments, consumables, reagents and software. Key businesses include Cytiva, which provides biomanufacturing solutions; Beckman Coulter, which supplies laboratory diagnostics and automation systems; Leica Biosystems, which develops pathology products; and IDT, which provides genomic and nucleic acid products.

Featured Stories Five stocks we like better than Danaher Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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2026-09-09 12:03 16h ago
2026-09-09 04:03 1d ago
California State Teachers Retirement System Acquires 156,085,748 Shares of Medtronic PLC $MDT
MDT Medtronic
FMP Stock News
Original source text
California State Teachers Retirement System increased its holdings in Medtronic PLC (NYSE:MDT – Free Report) by 7,655.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 158,124,578 shares of the medical technology company’s stock after buying an additional 156,085,748 shares during the quarter. California State Teachers Retirement System owned 12.35% of Medtronic worth $12,370,086,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Monetary Solutions Ltd bought a new stake in shares of Medtronic during the 4th quarter valued at $27,000. Acumen Wealth Advisors LLC purchased a new stake in shares of Medtronic in the 4th quarter worth $29,000. Imprint Wealth LLC bought a new position in Medtronic in the 3rd quarter worth $31,000. Basepoint Wealth LLC bought a new position in Medtronic in the 4th quarter worth $32,000. Finally, Tucker Asset Management LLC purchased a new position in Medtronic during the fourth quarter valued at $33,000. 82.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In MDT has been the subject of several recent research reports. JPMorgan Chase & Co. cut their price target on Medtronic from $100.00 to $86.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. Wall Street Zen cut Medtronic from a “buy” rating to a “hold” rating in a research report on Saturday. The Goldman Sachs Group cut their price objective on Medtronic from $84.00 to $83.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Truist Financial reissued a “hold” rating and issued a $99.00 target price (up from $86.00) on shares of Medtronic in a report on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $92.00 target price on shares of Medtronic in a research note on Thursday, September 3rd. Nineteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Medtronic presently has a consensus rating of “Moderate Buy” and a consensus target price of $103.92.

Read Our Latest Stock Analysis on MDT Medtronic Stock Down 1.9% Shares of NYSE MDT opened at $92.41 on Wednesday. The company has a current ratio of 2.07, a quick ratio of 1.54 and a debt-to-equity ratio of 0.50. Medtronic PLC has a 12-month low of $73.31 and a 12-month high of $106.33. The firm’s 50-day moving average price is $87.33 and its 200-day moving average price is $85.21. The stock has a market capitalization of $118.20 billion, a price-to-earnings ratio of 22.76, a P/E/G ratio of 2.21 and a beta of 0.56.

Medtronic (NYSE:MDT – Get Free Report) last issued its quarterly earnings data on Tuesday, September 1st. The medical technology company reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.06. Medtronic had a return on equity of 14.78% and a net margin of 13.93%.The company had revenue of $9.76 billion for the quarter, compared to analysts’ expectations of $9.55 billion. During the same period in the previous year, the firm posted $1.26 earnings per share. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. Medtronic has set its Q2 2027 guidance at 1.320-1.340 EPS and its FY 2027 guidance at 5.940-6.000 EPS. On average, equities research analysts anticipate that Medtronic PLC will post 5.96 EPS for the current fiscal year.

Medtronic Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Friday, September 25th will be given a dividend of $0.72 per share. The ex-dividend date of this dividend is Friday, September 25th. This represents a $2.88 annualized dividend and a dividend yield of 3.1%. Medtronic’s payout ratio is currently 70.94%.

Medtronic Profile (Free Report)

Medtronic plc is a global medical technology company that develops, manufactures and sells devices and therapies used to diagnose and treat a broad range of medical conditions. Its products are designed for hospitals, physicians and patients across areas including cardiac care, diabetes, neurological disorders, spinal conditions and surgical procedures.

The company’s portfolio includes pacemakers, implantable cardioverter-defibrillators, cardiac ablation systems, heart valves, neurostimulation systems, implantable pumps, spinal implants and surgical technologies.

See Also Five stocks we like better than Medtronic Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding MDT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Medtronic PLC (NYSE:MDT – Free Report).

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2026-09-09 12:03 16h ago
2026-09-09 04:29 1d ago
Analyzing Energous (NASDAQ:WATT) and Texas Instruments (NASDAQ:TXN)
TXN Texas Instruments
FMP Stock News
Original source text
Texas Instruments (NASDAQ:TXN – Get Free Report) and Energous (NASDAQ:WATT – Get Free Report) are both technology companies, but which is the better stock? We will compare the two companies based on the strength of their risk, valuation, dividends, analyst recommendations, profitability, institutional ownership and earnings.

Analyst Ratings This is a summary of recent ratings and recommmendations for Texas Instruments and Energous, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Texas Instruments 4 8 15 2 2.52 Energous 1 1 0 0 1.50 Texas Instruments presently has a consensus price target of $312.12, indicating a potential upside of 20.55%. Given Texas Instruments’ stronger consensus rating and higher possible upside, research analysts clearly believe Texas Instruments is more favorable than Energous.

Volatility and Risk Texas Instruments has a beta of 1.33, suggesting that its share price is 33% more volatile than the S&P 500. Comparatively, Energous has a beta of 1.56, suggesting that its share price is 56% more volatile than the S&P 500. Valuation & Earnings This table compares Texas Instruments and Energous”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Texas Instruments $17.68 billion 13.37 $5.00 billion $6.57 39.41 Energous $5.63 million 10.76 -$9.59 million ($2.21) -4.95 Texas Instruments has higher revenue and earnings than Energous. Energous is trading at a lower price-to-earnings ratio than Texas Instruments, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership 85.0% of Texas Instruments shares are owned by institutional investors. Comparatively, 4.3% of Energous shares are owned by institutional investors. 0.6% of Texas Instruments shares are owned by company insiders. Comparatively, 0.2% of Energous shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Profitability This table compares Texas Instruments and Energous’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Texas Instruments 31.11% 35.77% 17.31% Energous -76.37% -28.67% -24.91% Summary Texas Instruments beats Energous on 14 of the 15 factors compared between the two stocks.

(Get Free Report)

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products. This segment provides signal chain products that sense, condition, and measure signals to allow information to be transferred or converted for further processing and control, including amplifiers, data converters, interface products, motor drives, clocks, and logic and sensing products. The Embedded Processing segment offers microcontrollers that are used in electronic equipment; digital signal processors for mathematical computations; and applications processors for specific computing activity. This segment offers products for use in various markets, such as industrial, automotive, personal electronics, communications equipment, enterprise systems, and calculators and other. It provides DLP products primarily for use in project high-definition images; calculators; and application-specific integrated circuits. The company markets and sells its semiconductor products through direct sales and distributors, as well as through its website. Texas Instruments Incorporated was founded in 1930 and is headquartered in Dallas, Texas.

About Energous (Get Free Report)

Energous Corporation provides wireless charging system solutions in the United States. The company develops WattUp wireless power networks technology that consists of semiconductor chipsets; software controls; hardware designs; and antennas that enables radio frequency-based charging for Internet of Things devices. Its products are used in asset trackers; sensors; retail displays; and security devices; smart home; medical; industrial; and other sensors; electronic shelf labeling; logistics and asset tracking tags and sensors; computer mice and keyboards; remote controls; gaming consoles and controllers; hearing aids; rechargeable batteries; automotive accessories; smart textiles; wearables; and medical devices. The company was formerly known as DvineWave Inc. and changed its name to Energous Corporation in January 2014. Energous Corporation was incorporated in 2012 and is headquartered in San Jose; California.

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2026-09-09 12:03 16h ago
2026-09-09 03:54 1d ago
Allworth Financial LP Sells 17,231 Shares of Union Pacific Corporation $UNP
UNP Union Pacific
FMP Stock News
Original source text
Allworth Financial LP decreased its position in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 25.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,370 shares of the railroad operator’s stock after selling 17,231 shares during the period. Allworth Financial LP’s holdings in Union Pacific were worth $13,973,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. California State Teachers Retirement System boosted its stake in Union Pacific by 29,250.5% during the second quarter. California State Teachers Retirement System now owns 247,700,336 shares of the railroad operator’s stock valued at $67,374,491,000 after buying an additional 246,856,396 shares during the last quarter. State Street Corp increased its stake in Union Pacific by 4.3% in the 4th quarter. State Street Corp now owns 26,330,080 shares of the railroad operator’s stock worth $6,090,674,000 after acquiring an additional 1,082,285 shares during the last quarter. Capital World Investors raised its holdings in shares of Union Pacific by 92.1% during the 4th quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock worth $4,658,142,000 after acquiring an additional 9,655,306 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Union Pacific by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 15,360,668 shares of the railroad operator’s stock worth $3,552,550,000 after acquiring an additional 296,814 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Union Pacific by 0.4% during the 2nd quarter. Bank of America Corp DE now owns 14,527,563 shares of the railroad operator’s stock valued at $3,951,497,000 after acquiring an additional 64,492 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance NYSE:UNP opened at $288.68 on Wednesday. The stock’s fifty day moving average is $294.62 and its 200 day moving average is $271.35. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $315.99. The firm has a market capitalization of $171.50 billion, a PE ratio of 23.37, a PEG ratio of 2.88 and a beta of 0.96. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.99.

Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.26 by $0.15. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The company had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.72 billion. During the same period last year, the company earned $3.03 earnings per share. Union Pacific’s revenue was up 11.5% on a year-over-year basis. On average, sell-side analysts anticipate that Union Pacific Corporation will post 13.02 earnings per share for the current year. Union Pacific Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be paid a dividend of $1.42 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.0%. This is a boost from Union Pacific’s previous quarterly dividend of $1.38. Union Pacific’s dividend payout ratio is presently 45.99%.

Analysts Set New Price Targets A number of research firms recently weighed in on UNP. Barclays reissued an “overweight” rating and issued a $350.00 target price (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Benchmark increased their price objective on shares of Union Pacific from $325.00 to $335.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Citigroup lifted their price objective on shares of Union Pacific from $326.00 to $349.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. The Goldman Sachs Group set a $317.00 target price on shares of Union Pacific and gave the stock a “neutral” rating in a report on Thursday, July 23rd. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $335.00 price target (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $320.89.

Read Our Latest Research Report on Union Pacific

Union Pacific Profile (Free Report)

Union Pacific Corporation is a transportation company that operates Union Pacific Railroad, one of the largest freight railroad networks in the United States. The company provides rail transportation and logistics services for a broad range of commodities, including agricultural products, automotive goods, chemicals, coal, industrial products, and intermodal shipments.

Union Pacific’s railroad network serves the western two-thirds of the United States, connecting major markets and ports across approximately 23 states.

Recommended Stories Five stocks we like better than Union Pacific Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Corporation (NYSE:UNP – Free Report).

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2026-09-09 12:02 16h ago
2026-09-09 04:03 1d ago
California State Teachers Retirement System Raises Stock Holdings in Reliance, Inc. $RS
RS Reliance Steel & Aluminum
FMP Stock News
Original source text
California State Teachers Retirement System lifted its stake in shares of Reliance, Inc. (NYSE:RS – Free Report) by 20,857.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,965,343 shares of the industrial products company’s stock after acquiring an additional 32,808,048 shares during the period. California State Teachers Retirement System owned 64.56% of Reliance worth $12,315,852,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. HB Wealth Management LLC lifted its holdings in Reliance by 23.7% in the 2nd quarter. HB Wealth Management LLC now owns 1,854 shares of the industrial products company’s stock valued at $693,000 after purchasing an additional 355 shares in the last quarter. Saudi Central Bank raised its position in shares of Reliance by 85.4% in the second quarter. Saudi Central Bank now owns 3,578 shares of the industrial products company’s stock valued at $1,337,000 after buying an additional 1,648 shares during the last quarter. Compass Financial Management LLC purchased a new position in shares of Reliance during the second quarter valued at approximately $46,000. AlphaGrep UK Ltd purchased a new position in shares of Reliance during the second quarter valued at approximately $488,000. Finally, denkapparat Operations GmbH acquired a new stake in Reliance during the second quarter worth approximately $400,000. Hedge funds and other institutional investors own 79.26% of the company’s stock.

Insider Buying and Selling In related news, SVP William A. Smith II sold 2,353 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $414.21, for a total value of $974,636.13. Following the sale, the senior vice president owned 19,394 shares of the company’s stock, valued at approximately $8,033,188.74. This trade represents a 10.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Arthur Ajemyan sold 2,200 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $410.11, for a total value of $902,242.00. Following the completion of the sale, the chief financial officer directly owned 14,640 shares in the company, valued at approximately $6,004,010.40. This trade represents a 13.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.40% of the company’s stock.

Reliance Stock Down 0.5% Shares of NYSE:RS opened at $398.56 on Wednesday. The firm has a market cap of $20.35 billion, a PE ratio of 23.17, a price-to-earnings-growth ratio of 1.03 and a beta of 0.96. The company has a fifty day simple moving average of $397.95 and a 200 day simple moving average of $364.69. The company has a current ratio of 4.30, a quick ratio of 2.27 and a debt-to-equity ratio of 0.22. Reliance, Inc. has a 12-month low of $260.31 and a 12-month high of $433.02. Reliance (NYSE:RS – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The industrial products company reported $6.27 EPS for the quarter, topping analysts’ consensus estimates of $5.47 by $0.80. Reliance had a return on equity of 12.51% and a net margin of 5.65%.The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.26 billion. During the same period last year, the firm earned $4.43 earnings per share. The company’s revenue for the quarter was up 26.5% compared to the same quarter last year. Reliance has set its Q3 2026 guidance at 6.400-6.600 EPS. On average, equities research analysts anticipate that Reliance, Inc. will post 22.23 EPS for the current fiscal year.

Reliance Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, August 14th. Reliance’s dividend payout ratio (DPR) is presently 29.07%.

Analysts Set New Price Targets RS has been the subject of several recent analyst reports. KeyCorp lifted their target price on shares of Reliance from $378.00 to $418.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 24th. JPMorgan Chase & Co. reduced their price target on Reliance from $378.00 to $376.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 15th. BMO Capital Markets raised their price objective on Reliance from $390.00 to $415.00 and gave the stock a “market perform” rating in a report on Monday, July 27th. Zacks Research raised Reliance from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. Finally, Wells Fargo & Company dropped their target price on Reliance from $398.00 to $391.00 and set an “equal weight” rating for the company in a research note on Monday, August 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Reliance has an average rating of “Hold” and an average price target of $377.50.

Read Our Latest Research Report on RS

About Reliance (Free Report)

Reliance Steel & Aluminum Co (NYSE: RS) is a leading metals service center company that distributes and processes a broad array of metal products. The company offers cut-to-length, shearing, blanking, sawing, bending, machining and value-added services for carbon and alloy steel, stainless steel, aluminum, brass, titanium and specialty metal alloys. Its products serve diverse end markets, including energy, infrastructure, general manufacturing, transportation, aerospace and defense.

Founded in 1939 in Los Angeles, Reliance Steel & Aluminum has grown through a combination of organic expansion and strategic acquisitions.

See Also Five stocks we like better than Reliance Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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2026-09-09 12:02 16h ago
2026-09-09 05:16 23h ago
Broadcom Inc. $AVGO Holdings Boosted by Ferguson Wellman Capital Management Inc.
AVGO Broadcom
FMP Stock News
Original source text
Ferguson Wellman Capital Management Inc. lifted its position in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) by 0.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 707,464 shares of the semiconductor manufacturer’s stock after purchasing an additional 6,399 shares during the period. Broadcom comprises about 3.3% of Ferguson Wellman Capital Management Inc.’s holdings, making the stock its 6th largest position. Ferguson Wellman Capital Management Inc.’s holdings in Broadcom were worth $267,244,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. ROSS JOHNSON & Associates LLC boosted its holdings in shares of Broadcom by 1,320.0% in the fourth quarter. ROSS JOHNSON & Associates LLC now owns 71 shares of the semiconductor manufacturer’s stock valued at $25,000 after acquiring an additional 66 shares during the period. SWAN Capital LLC increased its holdings in shares of Broadcom by 261.9% in the 4th quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 55 shares during the period. Networth Advisors LLC raised its position in Broadcom by 546.2% in the 1st quarter. Networth Advisors LLC now owns 84 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 71 shares during the last quarter. Harborfront Financial Group LLC purchased a new stake in Broadcom in the 2nd quarter valued at $38,000. Finally, Cherry Tree Wealth Management LLC boosted its stake in Broadcom by 44.9% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 129 shares of the semiconductor manufacturer’s stock worth $45,000 after purchasing an additional 40 shares during the period. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Broadcom Stock Up 3.0% AVGO stock opened at $368.56 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.50 and a quick ratio of 2.29. The company’s 50 day simple moving average is $383.09 and its 200-day simple moving average is $378.02. Broadcom Inc. has a 12 month low of $289.96 and a 12 month high of $495.00. The firm has a market capitalization of $1.75 trillion, a PE ratio of 47.07 and a beta of 1.44.

Broadcom (NASDAQ:AVGO – Get Free Report) last issued its quarterly earnings data on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.22 by $0.10. The firm had revenue of $29.59 billion during the quarter, compared to the consensus estimate of $29.24 billion. Broadcom had a return on equity of 48.33% and a net margin of 42.94%.The company’s quarterly revenue was up 85.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.69 EPS. Equities analysts expect that Broadcom Inc. will post 10.25 earnings per share for the current fiscal year. Broadcom Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be paid a dividend of $0.65 per share. The ex-dividend date of this dividend is Monday, September 21st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is presently 33.21%.

Wall Street Analyst Weigh In AVGO has been the subject of a number of research reports. Cantor Fitzgerald upped their target price on shares of Broadcom from $525.00 to $600.00 and gave the company an “overweight” rating in a report on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $515.00 price objective (up from $430.00) on shares of Broadcom in a research report on Thursday, June 4th. Lake Street Capital upgraded shares of Broadcom to a “buy” rating in a research note on Thursday, September 3rd. Benchmark lifted their target price on shares of Broadcom from $485.00 to $545.00 and gave the company a “buy” rating in a report on Thursday, June 4th. Finally, Raymond James Financial restated an “outperform” rating and issued a $475.00 price objective (up from $450.00) on shares of Broadcom in a research report on Thursday, September 3rd. Thirty investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Broadcom has a consensus rating of “Moderate Buy” and an average target price of $504.93.

Read Our Latest Analysis on AVGO

Insider Buying and Selling In related news, Director Justine Page sold 1,602 shares of the business’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $373.86, for a total value of $598,923.72. Following the completion of the transaction, the director owned 17,426 shares of the company’s stock, valued at approximately $6,514,884.36. The trade was a 8.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Mark Brazeal sold 25,000 shares of the firm’s stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $401.33, for a total transaction of $10,033,250.00. Following the sale, the insider directly owned 194,989 shares in the company, valued at $78,254,935.37. This represents a 11.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 61,644 shares of company stock worth $24,016,214. 1.90% of the stock is owned by company insiders.

Trending Headlines about Broadcom Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Broadcom’s latest results showed powerful AI momentum: AI semiconductor revenue increased 221% to $16.7 billion, while management raised its fiscal 2027 AI revenue outlook to approximately $115 billion, up from more than $100 billion previously. Some projections cited in the coverage point to $230 billion in AI revenue by fiscal 2028. Broadcom’s AI Forecast Suggests Hyperscalers Want More Than Nvidia GPUs Positive Sentiment: Analysts continue to raise their expectations, with Cantor reportedly assigning a $600 price target. Bullish analysts argue that hyperscalers increasingly want custom accelerators, AI networking and complete data-center architectures—not only Nvidia GPUs—giving Broadcom a larger role in inference and other workloads. Top Analyst Sets $600 Broadcom Stock Target Positive Sentiment: A multi-generation Amazon AI-silicon agreement with Qualcomm also highlights the growing data-center market for custom chips. Although Qualcomm is the direct beneficiary, the deal reinforces the strategic importance of custom silicon and supports the broader investment case for Broadcom’s design and networking business. Qualcomm Amazon AI Silicon Deal Neutral Sentiment: The post-earnings reaction has been mixed because investors are scrutinizing near-term guidance, Broadcom’s share of customers’ tensor processing unit programs, and whether constrained chip supply can keep pace with demand. Wall Street remains broadly optimistic, but expectations are exceptionally high. Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Negative Sentiment: Bearish coverage points to margin pressure, customer concentration, supply constraints and a premium valuation—Broadcom trades at roughly 47 times earnings—leaving limited room for execution mistakes. These concerns help explain why strong earnings did not produce a uniformly positive market response. Broadcom Buy, Sell or Hold Analysis About Broadcom (Free Report)

Broadcom Inc (NASDAQ:AVGO) designs, develops and supplies semiconductor and infrastructure software products for businesses, telecommunications providers and other organizations worldwide. Its semiconductor portfolio includes networking and connectivity components, custom application-specific integrated circuits, broadband and wireless communications products, storage adapters, optical components, and industrial solutions.

The company also provides enterprise infrastructure software through businesses including VMware, which offers virtualization and private- and hybrid-cloud solutions; mainframe and enterprise software; and cybersecurity products.

Featured Stories Five stocks we like better than Broadcom Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding AVGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO – Free Report).

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2026-09-09 12:02 16h ago
2026-09-09 05:16 23h ago
Broadcom Inc. $AVGO is Braun Stacey Associates Inc.’s 8th Largest Position
AVGO Broadcom
FMP Stock News
Original source text
Braun Stacey Associates Inc. cut its holdings in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 12.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 200,903 shares of the semiconductor manufacturer’s stock after selling 27,916 shares during the period. Broadcom accounts for about 2.2% of Braun Stacey Associates Inc.’s holdings, making the stock its 8th biggest position. Braun Stacey Associates Inc.’s holdings in Broadcom were worth $75,891,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. ROSS JOHNSON & Associates LLC lifted its position in Broadcom by 1,320.0% during the fourth quarter. ROSS JOHNSON & Associates LLC now owns 71 shares of the semiconductor manufacturer’s stock worth $25,000 after buying an additional 66 shares during the period. Networth Advisors LLC grew its holdings in Broadcom by 546.2% in the 1st quarter. Networth Advisors LLC now owns 84 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 71 shares during the period. SWAN Capital LLC increased its stake in shares of Broadcom by 261.9% during the 4th quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 55 shares during the last quarter. Harborfront Financial Group LLC acquired a new position in shares of Broadcom during the 2nd quarter valued at about $38,000. Finally, Cherry Tree Wealth Management LLC lifted its holdings in shares of Broadcom by 44.9% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 129 shares of the semiconductor manufacturer’s stock worth $45,000 after acquiring an additional 40 shares during the period. Institutional investors and hedge funds own 76.43% of the company’s stock.

Insider Activity In other news, Director Gayla Delly sold 1,890 shares of Broadcom stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $385.38, for a total transaction of $728,368.20. Following the sale, the director owned 31,326 shares in the company, valued at $12,072,413.88. This trade represents a 5.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Mark Brazeal sold 25,000 shares of the business’s stock in a transaction on Friday, July 10th. The stock was sold at an average price of $401.33, for a total transaction of $10,033,250.00. Following the transaction, the insider directly owned 194,989 shares in the company, valued at approximately $78,254,935.37. The trade was a 11.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 61,644 shares of company stock worth $24,016,214 over the last three months. Insiders own 1.90% of the company’s stock.

Analyst Upgrades and Downgrades Several research firms recently issued reports on AVGO. Raymond James Financial reissued an “outperform” rating and issued a $475.00 target price (up from $450.00) on shares of Broadcom in a research report on Thursday, September 3rd. Weiss Ratings downgraded shares of Broadcom from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 30th. Wells Fargo & Company reiterated an “overweight” rating and issued a $545.00 price target (up from $430.00) on shares of Broadcom in a report on Thursday, May 14th. Cantor Fitzgerald boosted their price objective on shares of Broadcom from $525.00 to $600.00 and gave the company an “overweight” rating in a research note on Thursday, September 3rd. Finally, Benchmark increased their target price on Broadcom from $485.00 to $545.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. Thirty analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $504.93. Read Our Latest Analysis on Broadcom

Broadcom Stock Up 3.0% Shares of NASDAQ AVGO opened at $368.56 on Wednesday. Broadcom Inc. has a 12-month low of $289.96 and a 12-month high of $495.00. The company has a market cap of $1.75 trillion, a P/E ratio of 47.07 and a beta of 1.44. The company has a current ratio of 2.50, a quick ratio of 2.29 and a debt-to-equity ratio of 0.57. The stock has a fifty day moving average price of $383.09 and a 200 day moving average price of $378.02.

Broadcom (NASDAQ:AVGO – Get Free Report) last issued its quarterly earnings data on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 EPS for the quarter, topping analysts’ consensus estimates of $3.22 by $0.10. Broadcom had a return on equity of 48.33% and a net margin of 42.94%.The company had revenue of $29.59 billion for the quarter, compared to analysts’ expectations of $29.24 billion. During the same quarter in the previous year, the firm posted $1.69 earnings per share. The firm’s quarterly revenue was up 85.5% on a year-over-year basis. Research analysts anticipate that Broadcom Inc. will post 10.25 EPS for the current fiscal year.

Broadcom Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be given a $0.65 dividend. The ex-dividend date of this dividend is Monday, September 21st. This represents a $2.60 annualized dividend and a yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is 33.21%.

Trending Headlines about Broadcom Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Broadcom’s latest results showed powerful AI momentum: AI semiconductor revenue increased 221% to $16.7 billion, while management raised its fiscal 2027 AI revenue outlook to approximately $115 billion, up from more than $100 billion previously. Some projections cited in the coverage point to $230 billion in AI revenue by fiscal 2028. Broadcom’s AI Forecast Suggests Hyperscalers Want More Than Nvidia GPUs Positive Sentiment: Analysts continue to raise their expectations, with Cantor reportedly assigning a $600 price target. Bullish analysts argue that hyperscalers increasingly want custom accelerators, AI networking and complete data-center architectures—not only Nvidia GPUs—giving Broadcom a larger role in inference and other workloads. Top Analyst Sets $600 Broadcom Stock Target Positive Sentiment: A multi-generation Amazon AI-silicon agreement with Qualcomm also highlights the growing data-center market for custom chips. Although Qualcomm is the direct beneficiary, the deal reinforces the strategic importance of custom silicon and supports the broader investment case for Broadcom’s design and networking business. Qualcomm Amazon AI Silicon Deal Neutral Sentiment: The post-earnings reaction has been mixed because investors are scrutinizing near-term guidance, Broadcom’s share of customers’ tensor processing unit programs, and whether constrained chip supply can keep pace with demand. Wall Street remains broadly optimistic, but expectations are exceptionally high. Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Negative Sentiment: Bearish coverage points to margin pressure, customer concentration, supply constraints and a premium valuation—Broadcom trades at roughly 47 times earnings—leaving limited room for execution mistakes. These concerns help explain why strong earnings did not produce a uniformly positive market response. Broadcom Buy, Sell or Hold Analysis About Broadcom (Free Report)

Broadcom Inc (NASDAQ:AVGO) designs, develops and supplies semiconductor and infrastructure software products for businesses, telecommunications providers and other organizations worldwide. Its semiconductor portfolio includes networking and connectivity components, custom application-specific integrated circuits, broadband and wireless communications products, storage adapters, optical components, and industrial solutions.

The company also provides enterprise infrastructure software through businesses including VMware, which offers virtualization and private- and hybrid-cloud solutions; mainframe and enterprise software; and cybersecurity products.

Read More Five stocks we like better than Broadcom Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding AVGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO – Free Report).

Receive News & Ratings for Broadcom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Broadcom and related companies with MarketBeat.com's FREE daily email newsletter.
2026-09-09 12:02 16h ago
2026-09-09 06:34 22h ago
Amazon CEO Andy Jassy Explained Why Semiconductor Sales Could Keep Climbing for Years to Come. Here's My Favorite AI Chipmaker Right Now.
AVGO Broadcom
FMP Stock News
Original source text
Semiconductor companies have been among the biggest beneficiaries of the massive AI data center build-out over the last few years. Companies like Nvidia (NVDA -2.01%) and Broadcom (AVGO +2.98%) are at the center of the industry, with their leading AI accelerator chips. Other chipmakers specializing in memory or networking chips have also seen profits soar and their stock prices rise.

And the incredible growth could continue for years to come. PwC expects total capital expenditures for data centers to climb from $800 billion this year to $1.8 trillion by 2050. More importantly, it's how that spending will be allocated that makes that estimate so bullish for semiconductor stocks. Amazon (AMZN -0.60%) CEO Andy Jassy explained on the company's most recent earnings call that spending will shift toward more semiconductors, suggesting there's a lot of room for revenue growth in semiconductor stocks.

But Nvidia and Broadcom might not be the best semiconductor stocks right now. Another industry giant could be an even better opportunity to play the long-term growth potential in chips.

Image source: Amazon.com.

The big shift coming in AI data center spending When you dig under the hood of hyperscalers' massive capital expenditure budgets, there are two core components: the data center buildings and the servers and networking equipment inside them. As Jassy points out, "these have different capital cycles." Data centers depreciate much more slowly than the server racks full of GPUs.

"For our data centers, which have 30-plus-year useful lives, we should get at least five to six generations of server economics," Jassy told analysts during Amazon's second-quarter earnings call. "This means in the short term, when demand is necessitating so many data centers being built simultaneously in advance of when we can start monetizing them, we'll spend a lot of capex and encounter free cash flow headwinds until these data centers come online, can be monetized, and we get a few years into these servers being utilized."

In other words, once a data center is built, Amazon doesn't have to build the data center again. However, it does have to periodically refresh the chips inside of it. As a result, over time, more and more of its capital expenditures will go toward semiconductors. The same is true at all the other hyperscalers.

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In fact, Microsoft (MSFT -1.15%) CFO Amy Hood said she's already seeing the shift happen for the company's competing Azure cloud computing business. "You've seen our capex really pivot toward what I would call and do call short-lived assets," she said on Microsoft's fourth-quarter earnings call. She noted roughly two-thirds of Microsoft's capex currently goes toward GPUs, CPUs, and other equipment for data centers.

PwC's estimates suggest a significant slowdown in spending at some point over the next decade. But if chips make up a significantly larger portion of the budget in the future, the growth in semiconductor spending can climb at a relatively high pace. That bodes well for one semiconductor stock in particular.

Nvidia's leading GPU systems are very likely to retain a significant portion of AI spending well into the future. It's establishing partnerships and even providing funding to ensure its chips continue to find their way into big data centers. That said, there's a growing push toward custom silicon among the hyperscalers. Jassy noted that it's bringing more of its own Trainium chips into its data centers than Nvidia chips this year during Amazon's first-quarter earnings call.

Meanwhile, Broadcom is experiencing tremendous growth for its AI business, which includes its partnership co-developing and engineering Alphabet's (GOOG +0.02%) (GOOGL -0.03%) popular TPU chips. The company recently reported quarterly AI-related revenue growth of 221% with expectations for that number to accelerate next quarter.

But the semiconductor company best positioned to benefit over the long run is Taiwan Semiconductor Manufacturing (TSM +2.35%). The largest contract chip manufacturer in the world works with Nvidia, Broadcom, and almost every other fabless chip designer in the world. It benefits from both its scale and its leading technology, creating a virtuous cycle that's only strengthening amid the AI build-out.

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Taiwan Semiconductor Manufacturing, or TSMC as it's known, has grown its market share of third-party chip manufacturing to 73%. That provides huge amounts of revenue ($143 billion over the past 12 months) with which it can reinvest in research and development and additional manufacturing capacity. That allows it to maintain its leading technological capabilities in designing the world's most advanced chips for AI data centers while supplying the capacity hyperscalers demand. That, in turn, ensures it wins more contracts with Nvidia, Broadcom, and everyone else in the future.

No matter which chips hyperscalers decide to put in their data centers, it's very likely they'll be manufactured by TSMC. The stock trades for less than 25 times earnings, despite expectations for revenue growth of around 25% per year and potential for even better earnings growth. That makes it a great buying opportunity with a long runway for growth from here.

Adam Levy has positions in Alphabet, Amazon, Microsoft, and Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Alphabet, Amazon, Broadcom, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy.
2026-09-09 12:02 16h ago
2026-09-09 07:15 21h ago
This AI Chipmaker Looks Like a Bargain With AI Revenue Set to Double Again Next Year
AVGO Broadcom
FMP Stock News
Original source text
Broadcom (AVGO +2.98%) hasn't had the best year. It's only up by 3% so far in 2026, while the S&P 500 has gained 13%. However, on a business level, Broadcom had a tremendous year, and it recently implied that its next two years will be even better.

This forecast has resulted in a compelling buying opportunity for long-term investors.

Image source: Getty Images.

Broadcom anticipates AI revenue doubling annually for the next two years Broadcom has established itself as the leading designer of application-specific integrated circuits (ASICs). These custom-made chips are built to offer a more cost-efficient alternative for handling narrow types of AI workloads, and they have won over many big tech companies. That has given Broadcom impressive revenue visibility for that business unit for multiple years.

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For its fiscal 2026 second quarter, which ended May 3, the company's revenue grew 48% year over year, but the AI semiconductor segment's top line more than doubled. However, that wasn't the biggest news. Broadcom told investors to expect AI semiconductor revenue to more than double in its fiscal 2027, and then to double yet again in fiscal 2028.

This growth further highlights Broadcom's commanding position in the ASIC chip space, and confirms that artificial intelligence infrastructure remains in high demand. The growth of the company's AI semiconductor business has also come with higher profit margins. Net income jumped by 88% year over year in fiscal Q2, comfortably outpacing overall revenue growth.

Previously, the company told investors to expect revenue of $22 billion in its fiscal 2026 second quarter, but it actually delivered $22.2 billion in sales. It has become more common for chipmakers to beat and raise guidance, and Broadcom has been following that pattern. With that in mind, the path ahead for its AI semiconductor business may be even better than the back-to-back years of doubling revenue it's forecasting.

The stock hasn't budged much despite the seismic fundamental changes Broadcom's guidance implies that revenue will accelerate meaningfully in the years ahead. AI semiconductor revenue now makes up more than 60% of Broadcom's total sales. Each time this segment doubles (significantly outpacing the growth of the rest of the business), it will result in AI chips producing a larger percentage of total revenue. That will give it an even stronger influence on future results.

At the same time, Broadcom continues to improve its profit margins. Higher demand for AI products will give the company more pricing power. It already enjoys net profit margins above 40%, but those margins can widen as AI semiconductor revenue surges.

Yet this outcome hasn't been priced into the stock. The mismatch has resulted in a compelling 19 forward P/E ratio, which is a lower valuation by that metric than most companies in the S&P 500. As Broadcom releases additional earnings reports that validate its ambitious targets for fiscal 2027 and fiscal 2028, more investors may pile into the stock.
2026-09-09 12:01 16h ago
2026-09-09 04:33 1d ago
LIT climbs another 10% in 24 hours, lifting its market capitalization to $1.277 billion.
LIT LITWTF
CoinGecko News
Original source text
On the "Niulai" Profit Ranking, the total profit of a single cryptocurrency has exceeded $2 million.

According to GMGN monitoring, the token Niu Lai saw a short-term 40% surge driven by news of its listing on Binance spot trading, with its market cap temporarily standing at $120 million. The address ranking first in on-chain profits currently holds approximately 13.51 million Niu Lai tokens, valued at around $1.576 million, accounting for 1.35% of the total token supply. The address’s cumulative profit is roughly $2.026 million, including about $606,000 in realized profit and $1.42 million in unrealized gains. It has previously sold a total of around 11.59 million tokens.

9 minutes ago

Binance will list 'Niu Lai' and add a seed tag to the token.

According to an official announcement, Binance will list "Niu Lai" at 22:30 Beijing time on September 9, 2026, add a "Seed" tag to it, and launch spot trading pairs for "Niu Lai"/USDT, "Niu Lai"/USDC, and "Niu Lai"/TRY.

9 minutes ago

Affected by news of its listing on Binance, the token "Niu Lai" surged 40% in a short period.

According to GMGN market data, driven by news of its listing on Binance’s spot trading, "Niu Lai" rallied 40% in a short period, hitting a peak of $147 million before pulling back to set a new all-time high. Its current market capitalization stands at $129 million.

9 minutes ago

Jiang Zhuoer: BTC may first rally to $84,000 before pulling back to $72,000

Jiang Zhuoer, founder of 莱比特矿池 (B.TOP), stated in a published article that BTC is currently still operating within an uptrend channel, but a subsequent correction is unavoidable. If $82,300 has become the phase high prior to this round of correction, the market may enter a prolonged period of wide-range consolidation, with prices completing adjustments through repeated fluctuations. In contrast, Jiang Zhuoer is more inclined to expect BTC to first rise further to the $83,000–$84,000 range, before correcting back to approximately $72,000.

9 minutes ago

Analysis: Bitcoin's on-chain profit structure nears the early stages of a bull market, though downside risks remain.

CryptoQuant data shows Bitcoin’s Spent Output Profit Ratio (SOPR) has stayed above the break-even line of 1 for three consecutive weeks since August 19, marking the longest such stretch since 2026, with the current reading at roughly 1.002. A SOPR above 1 indicates that BTC transferred on-chain is overall in a profitable state. On-chain analytics platform Checkonchain notes that during bear markets, price rebounds into profitable territory usually trigger sell-offs, while brief dips below the break-even line in bull markets often create dip-buying opportunities, and the current market structure is approaching the early recovery phase of a bull market. However, David Puell, portfolio manager at ARK Invest, argues Bitcoin still faces downside risks. For more conclusive evidence that the bear market has ended, SOPR needs to remain above 1 for a longer period, and BTC prices must form consecutive higher highs and higher lows.

9 minutes ago

OpenAI Partners With Samsung on Next-Generation Chips, Expanding Collaboration From Memory to Chip R&D

Beating AI News Flash: Harrison Kim, OpenAI’s head of Korea, said OpenAI is co-developing and manufacturing next-generation chips with Samsung Electronics, with clear progress made in the collaboration. He did not disclose details on the chip’s architecture, process technology, or mass production timeline. Previously, Samsung mainly served as a supplier in OpenAI’s chip roadmap. Last year, when both parties joined the Stargate Korea project, Samsung’s stated role was to provide OpenAI with advanced memory chips, as well as wafer foundry and advanced packaging capabilities. This marks the first time Samsung has explicitly entered the joint R&D and production of next-generation chips. OpenAI’s first self-developed inference chip, Jalape?o, was launched in June this year, co-developed with Broadcom and manufactured by TSMC, with deployment planned for the end of the year. OpenAI noted at the time that Jalape?o is only the first generation, with multiple subsequent chip generations to follow.

9 minutes ago
2026-09-09 12:01 16h ago
2026-09-09 06:52 22h ago
LIT surges past $5.2 to hit a new all-time high, gaining over 13% in the past 24 hours.
LIT LITWTF
CoinGecko News
Original source text
On the "Niulai" Profit Ranking, the total profit of a single cryptocurrency has exceeded $2 million.

According to GMGN monitoring, the token Niu Lai saw a short-term 40% surge driven by news of its listing on Binance spot trading, with its market cap temporarily standing at $120 million. The address ranking first in on-chain profits currently holds approximately 13.51 million Niu Lai tokens, valued at around $1.576 million, accounting for 1.35% of the total token supply. The address’s cumulative profit is roughly $2.026 million, including about $606,000 in realized profit and $1.42 million in unrealized gains. It has previously sold a total of around 11.59 million tokens.

9 minutes ago

Binance will list 'Niu Lai' and add a seed tag to the token.

According to an official announcement, Binance will list "Niu Lai" at 22:30 Beijing time on September 9, 2026, add a "Seed" tag to it, and launch spot trading pairs for "Niu Lai"/USDT, "Niu Lai"/USDC, and "Niu Lai"/TRY.

9 minutes ago

Affected by news of its listing on Binance, the token "Niu Lai" surged 40% in a short period.

According to GMGN market data, driven by news of its listing on Binance’s spot trading, "Niu Lai" rallied 40% in a short period, hitting a peak of $147 million before pulling back to set a new all-time high. Its current market capitalization stands at $129 million.

9 minutes ago

Jiang Zhuoer: BTC may first rally to $84,000 before pulling back to $72,000

Jiang Zhuoer, founder of 莱比特矿池 (B.TOP), stated in a published article that BTC is currently still operating within an uptrend channel, but a subsequent correction is unavoidable. If $82,300 has become the phase high prior to this round of correction, the market may enter a prolonged period of wide-range consolidation, with prices completing adjustments through repeated fluctuations. In contrast, Jiang Zhuoer is more inclined to expect BTC to first rise further to the $83,000–$84,000 range, before correcting back to approximately $72,000.

9 minutes ago

Analysis: Bitcoin's on-chain profit structure nears the early stages of a bull market, though downside risks remain.

CryptoQuant data shows Bitcoin’s Spent Output Profit Ratio (SOPR) has stayed above the break-even line of 1 for three consecutive weeks since August 19, marking the longest such stretch since 2026, with the current reading at roughly 1.002. A SOPR above 1 indicates that BTC transferred on-chain is overall in a profitable state. On-chain analytics platform Checkonchain notes that during bear markets, price rebounds into profitable territory usually trigger sell-offs, while brief dips below the break-even line in bull markets often create dip-buying opportunities, and the current market structure is approaching the early recovery phase of a bull market. However, David Puell, portfolio manager at ARK Invest, argues Bitcoin still faces downside risks. For more conclusive evidence that the bear market has ended, SOPR needs to remain above 1 for a longer period, and BTC prices must form consecutive higher highs and higher lows.

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Resource-conversion and resource-addition drilling returned multiple high-grade silver and gold intercepts across the San Dimas district

New drilling results at Convención and El Cristo have expanded the exploration footprint and support the potential for future Mineral Resource growth

Vancouver, British Columbia--(Newsfile Corp. - September 9, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce positive drill results from its ongoing 2026 exploration program at its San Dimas Silver/Gold Mine in Durango, Mexico. Recent resource-conversion and resource-addition drilling has returned multiple high-grade silver and gold intercepts across several areas of the San Dimas district, supporting near-mine Mineral Resource conversion and growth opportunities. Additionally, new drill results at Convención and El Cristo have expanded the district's exploration footprint and identified additional targets for follow-up drilling as part of the Company's 2026 exploration program, which includes approximately 117,000 metres ("m") of planned drilling.

"San Dimas continues to validate its position as one of our most prospective and enduring mining districts," stated Keith Neumeyer, CEO of First Majestic. "The latest drill results have returned multiple high-grade silver and gold intercepts from both resource-conversion and resource-addition programs, reinforcing the near-mine growth potential of established vein systems while expanding the exploration footprint at Convención and El Cristo. With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration programs, focused on Mineral Resource conversion, testing new targets and identifying additional growth opportunities throughout the San Dimas district."

KEY DRILLING HIGHLIGHTS

Exploration drilling at San Dimas has intersected significant silver ("Ag") and gold ("Au") mineralization across multiple vein systems, supporting both near-mine Mineral Resource conversion and broader district exploration opportunities. A total of approximately 89,000 m of exploration drilling has been completed year-to-date in 2026, of the planned approximately 117,000 m program, with work focused on resource-conversion and resource-addition drilling in the West Block, Central Block and Graben block, together with follow-up drilling in the El Cristo mine area and continued target testing in the East/Arana Block.

Recent results include high-grade intercepts from resource-conversion and resource-addition drilling within the Sinaloa-Elia vein complex, continued expansion of the mineralized footprint at the Coronado-Carmen Escobosa vein system in the West Block, confirmation of a new target north of the Jessica vein at Convención, and encouraging early results from the Luz and Patricia veins within the El Cristo mine area. Selected significant intercepts are summarized in Table 1, and the principal target areas are shown in Figure 1.

Table 1: Selection of Significant Silver and Gold Drill Hole Intersections from the San Dimas 2026 Drill Program

DrillholeTargetSignificant InterceptsFromToTrue WidthAgAuAgEq(m)(m)(m)(g/t)(g/t)(g/t)Sinaloa - Elia ComplexELI26X-08Sinaloa - Elia198.50200.852.041,37721.382,980ELI26X-10Sinaloa - Elia191.50192.700.882,60443.085,835ELI25X-58Sinaloa - Elia218.10221.351.751,07024.512,908ELI26X-22Sinaloa - Elia342.60345.301.9967315.151,809ELI26X-07Sinaloa - Elia177.55183.654.453734.75729Coronado - Carmen Escobosa ComplexCOR26X-06Coronado588.75594.704.222462.94466CMNE26X-02Carmen Escobosa327.00329.751.585886.051,042CMNE26X-04Carmen Escobosa303.00307.653.421751.87315Convención Vein TargetSJE26X-08Convención310.70314.052.572512.56433SJE26X-10Convención358.70361.801.552812.81492El Cristo Mine AreaLUZ26X-02Luz511.30513.001.302,62558.256,994LUZ26X-03Patricia391.15393.351.691,89528.914,063

Figure 1: San Dimas District Vein Occurrence Map

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_001full.jpg

Sinaloa-Elia Vein Complex

Resource-addition and infill drilling at the historic Sinaloa-Elia vein complex has returned multiple high-grade silver and gold intercepts, further supporting the continuity and Mineral Resource growth potential of the system. New drill results extend the footprint of known mineralization beyond the current Mineral Resources to the east, west and locally down dip. Infill drilling has also returned thick, high-grade intercepts that support increased confidence in the mineralized system and the potential conversion of Inferred Mineral Resources to Indicated Mineral Resources, providing additional support for future mine planning (Figure 2).

Table 2: Selection of Significant Silver and Gold Drill Hole Intersections at the Sinaloa-Elia Vein Complex

DrillholeTargetSignificant InterceptsFromToTrue WidthAgAuAgEq(m)(m)(m)(g/t)(g/t)(g/t)ELI26X-08Sinaloa - Elia198.50200.852.041,37721.382,980ELI26X-10Sinaloa - Elia191.50192.700.882,60443.085,835ELI25X-58Sinaloa - Elia218.10221.351.751,07024.512,908ELI26X-22Sinaloa - Elia342.60345.301.9967315.151,809ELI26X-07Sinaloa - Elia177.55183.654.453734.75729

Figure 2: Sinaloa and Elia Veins, Vertical Long Section, Looking North

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_002full.jpg

Convención Vein

Geological analysis and targeting around the Jessica vein identified several historic anomalous vein and breccia intercepts that were reinterpreted as evidence for the presence of a hanging wall structure. Initial drill testing of this target returned five significant intercepts in seven holes, supporting the exploration hypothesis (Figure 3). The structure, the Convención vein, was intersected approximately 100 m north of Jessica and may represent a potential near-term mining opportunity. The target vein remains open in multiple directions, supporting additional follow-up drilling in the area (Figure 4).

Table 3: Selection of Significant Silver and Gold Drill Hole Intersections at the Convención Vein

DrillholeTargetSignificant InterceptsFromToTrue WidthAgAuAgEq(m)(m)(m)(g/t)(g/t)(g/t)SJE26X-08Convención310.70314.052.572512.56433SJE26X-10Convención358.70361.801.552812.81492

Figure 3: Santa Jessica Vein and New Convención Vein Geologic Interpretation, 1050 Level Plan, Looking Down

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_003full.jpg

Figure 4: Convención Long Section with Santa Jessica Historic Mining Footprint Shown for Reference, Looking North

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_004full.jpg

Coronado - Carmen Escobosa Complex

Drilling in the West Block has focused on the Coronado and Carmen Escobosa veins. Results from 2025 were incorporated into the Inferred Mineral Resources for San Dimas and provided the basis for follow-up drilling in 2026. Results received to date support the interpretation of Coronado and Carmen Escobosa as a two-vein mineralized system with continued potential for Mineral Resource addition (Figure 5).

At Carmen Escobosa, five drill holes testing the western continuity of mineralization, together with a drill hole targeting the eastern extension, returned significant intercepts. The target remains open for approximately 400 m to the west of these new intercepts, supporting additional follow-up drilling along strike (Figure 6). At Coronado, three drill holes testing the continuity of mineralization to the west also returned significant intercepts, further supporting the potential to expand the mineralized footprint in the West Block (Figure 7).

Table 4: Selection of Significant Silver and Gold Drill Hole Intersections at the Coronado - Carmen Escobosa Complex

DrillholeTargetSignificant InterceptsFromToTrue WidthAgAuAgEq(m)(m)(m)(g/t)(g/t)(g/t)COR26X-06Coronado588.75594.704.222462.94466CMNE26X-02Carmen Escobosa327.00329.751.585886.051,042CMNE26X-04Carmen Escobosa303.00307.653.421751.87315

Figure 5: Coronado and Carmen Escobosa Geologic Model, 700 Level Plan, Looking Down

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_005full.jpg

Figure 6: Carmen Escobosa Long Section, Looking North

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_006full.jpg

Figure 7: Coronado Long Section, Looking North

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_007full.jpg

El Cristo Mine

Exploration activities have expanded to include the El Cristo mine area, the southernmost historically mined areas on the property. Results to date have returned high-grade silver and gold intercepts from the Luz and Patricia veins, supporting follow-up drilling to evaluate the continuity and extent of mineralization. Select drill hole assay results and true-width vein intersections include:

Table 5: Selection of Significant Silver and Gold Drill Hole Intersections at the El Cristo Mine

DrillholeTargetSignificant InterceptsFromToTrue WidthAgAuAgEq(m)(m)(m)(g/t)(g/t)(g/t)LUZ26X-02Luz511.30513.001.302,62558.256,994LUZ26X-03Patricia391.15393.351.691,89528.914,063

Figure 8: El Cristo Mine Area, La Luz Vein Long Section, Looking Northwest

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_008full.jpg

The 2026 drill program at San Dimas is expected to continue advancing near-mine Mineral Resource conversion while testing additional targets across the district. Results received to date support the potential for Mineral Resource growth within established vein systems and highlight new opportunities at Convención and El Cristo for follow-up drilling.

Table 6: Selection of Significant Silver and Gold Drill Hole Intercepts at San Dimas

DrillholeTargetTarget TypeSignificant InterceptsFromToTrue WidthAuAgAgEq(m)(m)(m)(g/t)(g/t)(g/t)COR25X-15Carmen EscobosaResource addition432.75434.651.652.52255444COR25X-19Carmen EscobosaResource addition457.90461.653.331.85164303COR26X-02CoronadoResource addition467.80469.751.320.74118174COR26X-03Carmen EscobosaResource addition617.75619.351.313.06281511COR26X-06Coronado 1Resource addition588.75594.704.222.94246466
Include 1Resource addition589.10590.000.646.445441027
Include 2Resource addition591.15591.700.398.246471264
Coronado 2Resource addition597.70604.254.631.32105204COR26X-08CoronadoResource addition550.70556.803.051.33121221CMNE26X-01Carmen EscobosaResource addition373.20374.901.201.24125218CMNE26X-02Carmen EscobosaResource addition327.00329.751.586.055881042
Include 1Resource addition328.00329.000.5712.4812082144CMNE26X-04Carmen EscobosaResource addition303.00307.653.421.87175315CMNE26X-05Carmen EscobosaResource addition407.05410.302.491.45137246ELI25X-58Sinaloa - EliaResource conversion218.10221.351.7524.5110702908
Include 1Resource conversion218.75219.800.5674.0031708720ELI25X-59Sinaloa - EliaResource addition307.85310.151.552.12173332
Include 1Resource addition309.00309.450.307.435251082ELI26X-01Sinaloa - EliaResource addition252.85256.102.301.2881177ELI26X-02Sinaloa - EliaResource addition337.95339.251.181.45103212ELI26X-03FW VeinResource conversion117.70118.800.781.05104182ELI26X-03Sinaloa - EliaResource conversion123.25124.751.0622.65921791
Include 1Resource conversion124.35124.750.2884.412066537ELI26X-05Sinaloa - EliaResource conversion149.80150.800.716.65348847ELI26X-07Sinaloa - EliaResource conversion177.55183.654.454.75373729
Include 1Resource conversion182.30183.650.9816.6013802625ELI26X-08Sinaloa - EliaResource conversion198.50200.852.0421.3813772980
Include 1Resource conversion198.50200.401.6526.0516803634
HW VeinResource conversion219.95222.802.267.89329920
Include 1Resource conversion219.95220.850.7115.876121802ELI26X-09FW VeinResource conversion174.05175.201.003.77300582
Sinaloa - EliaResource conversion191.40192.851.1111.6568941
Include 1Resource conversion192.45192.850.3141.231613253
HW VeinResource conversion206.45208.801.804.69315667
Include 1Resource conversion206.45207.400.736.685051006ELI26X-10FW VeinResource conversion128.65129.600.780.98108182
Sinaloa - EliaResource conversion191.50192.700.8843.0826045835
Include 1Resource conversion192.00192.700.5270.5242359524
HW VeinResource conversion196.10197.451.004.80372732ELI26X-11Sinaloa - EliaResource conversion255.00258.802.687.93344939
Include 1Resource conversion256.20257.250.7423.1010502783ELI26X-13Sinaloa - EliaResource conversion120.95122.200.961.17105193ELI26X-14Sinaloa - EliaResource conversion275.25277.201.206.44369852
Include 1Resource conversion275.85276.400.3422.7613013008
HW VeinResource conversion296.75298.601.132.07103258ELI26X-16FW VeinResource conversion119.70120.550.801.09128210
VeinResource conversion159.40162.101.553.30155402
Sinaloa - EliaResource conversion179.10181.902.483.64134407ELI26X-19FW VeinResource conversion164.60166.050.961.5263177
Sinaloa - EliaResource conversion167.05168.801.162.51141329ELI26X-21Sinaloa - EliaResource conversion137.75138.800.8012.969041876
VeinResource conversion216.75218.301.001.02104180
VeinResource conversion225.20227.651.732.19247411
Include 1Resource conversion225.20225.950.535.046291007ELI26X-22VeinResource addition308.70311.202.223.16172409
Include 1Resource addition308.70309.100.3513.106501633
VeinResource addition342.60345.301.9915.156731809
Include 1Resource addition342.60344.351.2922.589812675SIN25X-21Sinaloa - EliaResource addition633.75635.250.963.06208438SIN26X-01VeinResource addition234.05235.701.523.89171463
Sinaloa - EliaResource addition396.45397.651.134.27258578SIN26X-03Sinaloa - EliaResource addition189.10190.901.4311.047831611
Include 1Resource addition189.60190.901.0313.709601988SIN26X-07Sinaloa - EliaResource addition136.40137.300.7013.057701749
Include 1Resource addition136.80137.300.3921.1512362822SIN26X-08Sinaloa - EliaResource addition182.35184.001.065.51393806SIN26X-11Sinaloa - EliaResource addition239.90240.900.9120.0413002803SIN26X-13Sinaloa - EliaResource addition126.45127.600.7010.142921053
IncludeResource addition126.45126.950.3022.265702240SIN26X-14Sinaloa - EliaResource addition210.70213.752.168.737821437
IncludeResource addition212.90213.200.2150.7349188723SIN26X-15Sinaloa - EliaResource addition175.20176.951.1218.868922306
Include 1Resource addition175.20176.100.5829.6613283552SIN26X-15Include 2Resource addition176.60176.950.177.434981055SJE26X-06ConvenciónResource addition245.80246.850.741.24152244SJE26X-08ConvenciónResource addition310.70314.052.572.56251443SJE26X-10ConvenciónResource addition358.70361.801.552.81281492
Include 1Resource addition359.45360.200.385.865641004CNV26X-01ConvenciónResource addition321.10322.200.851.01133209CNV26X-03ConvenciónResource addition265.90268.951.961.78166299ROBBIN26S-03VeinResource addition272.85273.950.716.7438544ROT26X-01RobertaResource conversion227.20228.200.794.04414717ROT26X-04VeinResource conversion3.255.702.260.93146216
RobertaResource conversion100.00101.450.831.42140247ROT26X-06RobertitaResource conversion11.2012.651.112.12180339ROT26X-11VeinResource addition14.6017.201.202.21242408
Include 1Resource conversion16.8517.200.167.017801306ROT26X-13San EnriqueResource addition27.1029.001.221.60215335
includeResource addition92.4593.300.740.86131196
VeinResource addition163.50164.600.719.1324709SRE26X-03Santa ReginaResource addition183.30192.005.591.75173304
Include 1Resource addition190.55190.950.266.797331242SRE26X-04Santa ReginaResource addition135.25137.151.720.87152217SRE26X-12Santa ReginaResource addition201.45203.451.292.09205362
VeinResource addition211.00212.501.232.41213394
Include 1Resource addition211.95212.500.456.405661046
San JuanResource addition216.85218.200.871.06147227ROS26X-01RosarioResource addition196.55197.700.886.9813551879
Include 1Resource addition197.10197.700.4612.7925003459
RosarioResource addition200.00206.805.212.91593811
Include 1Resource addition200.00202.201.696.3311731648NBU26X-02Noche BuenaResource conversion254.50255.600.933.33303553
Include 1Resource conversion255.20255.600.346.175781041NBU26X-03Noche BuenaResource conversion276.60277.450.726.756491155NBU26X-04Noche BuenaResource conversion310.65311.650.911.00105180LUZ26X-02LuzResource conversion511.30513.001.3058.2526256994
Include 1Resource conversion512.25513.000.57131.72582715706LUZ26X-03PatriciaResource conversion391.15393.351.6928.9118954063
Include 1Resource conversion392.05393.351.0047.4431036661LUZ26X-05GertrudisResource conversion117.10118.951.777.804401025
Include 1Resource conversion117.10117.750.6220.5612092751LUZ26X-06LuzResource conversion130.70131.450.704.29187509LUZ26X-10LuzResource addition112.60113.651.033.87397687LUZ26X-12LuzResource conversion212.55215.001.021.52120234LUZ26X-13LuzResource addition223.60224.951.108.685171168
IncludeResource addition224.25224.950.5715.799072091ARN26X-01ARANA 1Resource addition627.25629.701.100.05348352
ARANA 2Resource addition638.05639.650.800.19895909
includeResource addition638.55639.650.550.2512111230  
Notes:

All holes are Diamond Drill Core; AgEq grade = Ag grade (g/t) + [Au (g/t) * 75].From and To length indicated in metres, True Width of the intercept is calculated per drill hole and vein angles.See Appendix to this news release for details regarding drill hole locations, sample type, azimuth, dip and total depth.San Dimas: silver and gold drill hole significant intercepts were composited using the length weighted averages of uncapped sample assays, a 171g/t AgEq minimum grade (cut-off grade, "COG"), and a minimum composite length of 0.7 m (true width). A maximum of 1 m below the minimum COG was allowed as internal dilution. Where necessary to achieve minimum length, a single sample below the COG but grading >70g/t AgEq was allowed to be composited for short intervals.Where present, single samples or intercepts with assay results higher than 1000 g/t AgEq are highlighted as "Include" in each intercept.First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream. After geological logging, all drill core samples are cut in half. One half of the core is submitted to the laboratory for analysis, and the remaining half core is retained on-site for verification and reference purposes or future metallurgical testing.

Core samples are submitted to First Majestic's Central Laboratory ("Central Laboratory") (ISO 9001:2015). At the Central Laboratory, gold is analyzed by 30 g fire assay atomic absorption finish (AU-AA13). Results above 10 g/t gold are re-analyzed by 30 g fire assay gravimetric finish (ASAG-14). Silver is analyzed by 3-acid digestion atomic absorption finish (AAG-13). Results above 100 g/t silver are re-analyzed by 30 g fire assay gravimetric finish (ASAG-14, ASAG-13).

For further information concerning QA/QC and data verification matters, key assumptions, parameters, and methods used by the Company to estimate Mineral Reserves and Mineral Resources, and for a detailed description of known legal, political, environmental, and other risks that could materially affect the Company's business and the potential development of Mineral Reserves and Mineral Resources, see the Company's most recently filed Annual Information Form available under the Company's SEDAR+ profile at www.sedarplus.ca and the Company's most recently filed Annual Report on Form 40-F, available on the Company's website at www.firstmajestic.com and filed with the United States Securities and Exchange Commission on EDGAR at www.sec.gov/edgar.

QUALIFIED PERSONS

Gonzalo Mercado, P. Geo., the Company's Vice-President of Exploration and Technical Services and a "Qualified Person" as defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"), has reviewed and approved the scientific and technical information contained in this news release. Mr. Mercado has verified the exploration data contained in this news release, including the sampling, analytical, and test data underlying such information.

ABOUT FIRST MAJESTIC

First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates four producing underground mines in Mexico: the Santa Elena Silver/Gold Mine, the Los Gatos Silver Mine (the Company holds a 70% interest in the Los Gatos Joint Venture that owns and operates the mine), the San Dimas Silver/Gold Mine, and the La Encantada Silver Mine, as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold Mine located in northeastern Nevada, U.S.A, which the Company is currently in the process of re-starting.

First Majestic is proud to own and operate its own minting facility, First Mint, LLC, and to offer a portion of its silver production for sale to the public. Bars, ingots, coins, and medallions are available for purchase online at www.firstmint.com, at some of the lowest premiums available.

FIRST MAJESTIC SILVER CORP.

"signed"

Keith Neumeyer, CEO

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward‐looking information" and "forward-looking statements" under applicable Canadian and U.S. securities laws (collectively, "forward‐looking statements"). These statements relate to future events or the Company's future performance, business prospects or opportunities that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management made in light of management's experience and perception of historical trends. Forward-looking statements in this news release include but are not limited to statements with respect to: the total number of metres planned to be drilled at San Dimas in 2026; the potential for future Mineral Resource growth at San Dimas; the potential for the Convención vein to represent a near-term mining opportunity at San Dimas; and the Company's plans for the remainder of the 2026 drill program at San Dimas and the results of such program. Assumptions may prove to be incorrect and actual results and future events may differ materially from those anticipated. As such, investors are cautioned not to place undue reliance upon forward-looking statements as there can be no assurance that the plans, assumptions, or expectations upon which they are placed will occur. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "forecast", "potential", "target", "intend", "could", "might", "should", "believe" and similar expressions) are not statements of historical fact and may be "forward‐looking statements".

Actual results may vary from forward-looking statements. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to materially differ from those expressed or implied by such forward-looking statements, including but not limited to: material adverse changes; general economic conditions including inflation risks; labour relations; relations with local communities; changes in national or local governments; exchange rate fluctuations; environmental risks; requirements for additional capital; outcomes of pending litigation; unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the Company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations as well as those factors discussed in the section entitled "Risk Factors" in the Company's most recent Annual Information Form for the year ended December 31, 2025 filed with the Canadian securities regulatory authorities under the Company's SEDAR+ profile at www.sedarplus.ca and in the Company's Annual Report on Form 40-F for the year ended December 31, 2025 filed with the United States Securities and Exchange Commission on EDGAR at www.sec.gov/edgar. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated, or intended.

The Company believes that the expectations reflected in these forward‐looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking statements included herein should not be unduly relied upon. These statements speak only as of the date hereof. The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.

Cautionary Note to United States Investors

The Company is a "foreign private issuer" as defined in Rule 3b-4 under the United States Securities Exchange Act of 1934, as amended, and is eligible to rely upon the Canada-U.S. Multi-Jurisdictional Disclosure System, and is therefore permitted to prepare the technical information contained herein in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of the securities laws currently in effect in the United States. Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.

Technical disclosure contained in this news release has not been prepared in accordance with the requirements of United States securities laws and uses terms that comply with reporting standards in Canada with certain estimates prepared in accordance with NI 43-101.

NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning the issuer's material mineral projects.

APPENDIX - DRILL HOLE DETAILS

Table A1: Drill hole collar location, sample type, azimuth, dip and total depth.

DrillholeEastNorthElevationAzimuthDipDepth 
(m)TypeCOR25X-15397620266760557933216807CoreCOR25X-19397623266758457931711876CoreCOR26X-0239699926683951215168-59573CoreCOR26X-03397700266755957834815846CoreCOR26X-0639699926683951215141-66660CoreCOR26X-0839699926683951215164-70630CoreCMNE26X-013971462667860104886-47438CoreCMNE26X-023971452667860104861-83501CoreCMNE26X-0439714526678601048204-71369CoreCMNE26X-053971422667860104969-72474CoreELI25X-584002492666593395333-26258CoreELI25X-594003192667087550143-22432CoreELI26X-014002502666593395333-27312CoreELI26X-024003192667087550129-15429CoreELI26X-034002492666593395338-22312CoreELI26X-054002492666592395306-12399CoreELI26X-074002492666593395319-20201CoreELI26X-084002492666593395318-26258CoreELI26X-094002492666592395303-22222CoreELI26X-104002492666593395325-24225CoreELI26X-114002492666593395330-29273CoreELI26X-134002502666593395338-21276CoreELI26X-144002492666593395342-29318CoreELI26X-164002492666593395347-22294CoreELI26X-194003852666629376338-4249CoreELI26X-214003852666629376338-13450CoreELI26X-224003852666629376334-24507CoreSIN25X-213993102666219500302-30231CoreSIN26X-014001432666431464311-15471CoreSIN26X-033993082666219500271-1351CoreSIN26X-073993092666219500288-11195CoreSIN26X-083993082666218499276-10270CoreSIN26X-1139930826662185002652345CoreSIN26X-1339930826662195002814162CoreSIN26X-1439930826662185002649276CoreSIN26X-1539930826662185002717258CoreSJE26X-06400853267128311723353324CoreSJE26X-0840085426712831172352-27387CoreSJE26X-1040085426712831171347-33555CoreCNV26X-0140085326712831172340-20441CoreCNV26X-0340085326712831172342-10342CoreROBBIN26S-0339940826715321196115-86288CoreROT26X-01401987266915643234456258CoreROT26X-04401780266911672731036165CoreROT26X-0640178226691167281041192CoreROT26X-11401783266911672546-16381CoreROT26X-13401784266911672555-14324CoreSRE26X-04399738267066199580-23198CoreSRE26X-1239973826706639969517342CoreROS26X-01400044266539355717615255CoreNBU26X-024010182671218118319911291CoreNBU26X-034010182671219118319916300CoreLUZ26X-02404682266478359616712564CoreLUZ26X-03404681266478459616820594CoreLUZ26X-0540468226647825961681582CoreLUZ26X-06404886266422460232230162CoreLUZ26X-104048872664223600323-2174CoreLUZ26X-124048892664224601527309CoreLUZ26X-13404888266422460235242228CoreARN26X-014051092673471143194-451302Core  
Notes:

All drill hole collar coordinates are determined using total station equipment after hole completion with UTM WGS84, Zone 13 (metres) as the reference system.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313544

Source: First Majestic Silver Corp.

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2026-09-09 12:01 16h ago
2026-09-09 04:21 1d ago
Baird Financial Group Inc. Purchases 183,238 Shares of Fastenal Company $FAST
FAST Fastenal
FMP Stock News
Original source text
Baird Financial Group Inc. increased its position in Fastenal Company (NASDAQ:FAST – Free Report) by 1.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,561,007 shares of the company’s stock after buying an additional 183,238 shares during the quarter. Fastenal accounts for approximately 1.0% of Baird Financial Group Inc.’s investment portfolio, making the stock its 22nd largest position. Baird Financial Group Inc. owned approximately 1.36% of Fastenal worth $747,395,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in Fastenal during the 4th quarter worth $496,000. Integrated Wealth Concepts LLC lifted its stake in shares of Fastenal by 2.4% in the first quarter. Integrated Wealth Concepts LLC now owns 6,276 shares of the company’s stock worth $487,000 after acquiring an additional 147 shares during the period. Quantbot Technologies LP bought a new stake in Fastenal in the second quarter valued at approximately $158,000. Jump Financial LLC acquired a new stake in Fastenal during the 2nd quarter valued at approximately $2,199,000. Finally, Cary Street Partners Financial LLC raised its holdings in Fastenal by 111.0% during the 2nd quarter. Cary Street Partners Financial LLC now owns 3,367 shares of the company’s stock worth $141,000 after purchasing an additional 1,771 shares during the last quarter. 81.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Fastenal In other Fastenal news, Director Michael Ancius sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $49.00, for a total transaction of $147,000.00. Following the completion of the sale, the director directly owned 58,690 shares of the company’s stock, valued at approximately $2,875,810. The trade was a 4.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Rita J. Heise sold 34,964 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $50.05, for a total value of $1,749,948.20. Following the completion of the sale, the director directly owned 20,000 shares of the company’s stock, valued at approximately $1,001,000. This trade represents a 63.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.28% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades FAST has been the subject of several recent analyst reports. Barclays decreased their price objective on shares of Fastenal from $47.00 to $46.00 and set an “equal weight” rating for the company in a research report on Thursday, July 16th. William Blair reissued an “outperform” rating on shares of Fastenal in a research report on Friday. Sanford C. Bernstein restated an “underperform” rating on shares of Fastenal in a research report on Wednesday, July 15th. Weiss Ratings raised Fastenal from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 26th. Finally, Rothschild & Co Redburn set a $55.00 price target on Fastenal and gave the company a “buy” rating in a research note on Monday, July 13th. Six equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $49.17. Read Our Latest Analysis on FAST

Fastenal Stock Performance Shares of FAST opened at $49.38 on Wednesday. The stock has a 50-day moving average of $48.78 and a 200-day moving average of $46.64. Fastenal Company has a one year low of $38.97 and a one year high of $52.92. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.18 and a quick ratio of 2.21. The company has a market cap of $56.66 billion, a PE ratio of 41.85, a P/E/G ratio of 3.09 and a beta of 0.72.

Fastenal (NASDAQ:FAST – Get Free Report) last released its quarterly earnings data on Tuesday, July 14th. The company reported $0.33 EPS for the quarter, meeting the consensus estimate of $0.33. The firm had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.34 billion. Fastenal had a return on equity of 34.03% and a net margin of 15.45%.The company’s quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.29 earnings per share. On average, equities research analysts predict that Fastenal Company will post 1.26 EPS for the current fiscal year.

Fastenal Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Tuesday, July 28th were given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, July 28th. This is a positive change from Fastenal’s previous quarterly dividend of $0.24. Fastenal’s payout ratio is 88.14%.

Fastenal Company Profile (Free Report)

Fastenal (NASDAQ: FAST) is a wholesale distributor of industrial and construction supplies, best known for its broad assortment of fasteners such as bolts, nuts, screws and anchors. Founded in Winona, Minnesota, Fastenal has grown from a regional supplier into a national and international distributor serving a wide range of end markets, including manufacturing, construction, maintenance, repair and operations (MRO), and government customers. The company is publicly traded and operates through a network of locally staffed branches combined with national distribution capabilities.

Product offerings extend beyond fasteners to include tools, safety and personal protective equipment, power transmission components, cutting and welding supplies, janitorial and material handling items, and other industrial consumables.

Read More Five stocks we like better than Fastenal Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding FAST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fastenal Company (NASDAQ:FAST – Free Report).

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2026-09-09 12:01 16h ago
2026-09-09 03:59 1d ago
Air Products and Chemicals, Inc. $APD Shares Sold by Amundi
APD Air Products
FMP Stock News
Original source text
Amundi decreased its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 11.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 621,653 shares of the basic materials company’s stock after selling 77,909 shares during the period. Amundi owned approximately 0.28% of Air Products and Chemicals worth $182,256,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in APD. Lloyd Advisory Services LLC. acquired a new position in shares of Air Products and Chemicals in the fourth quarter valued at approximately $25,000. Evolution Wealth Management Inc. purchased a new position in Air Products and Chemicals in the 1st quarter valued at $25,000. Fiduciary Financial Advisors acquired a new position in Air Products and Chemicals in the 2nd quarter valued at $25,000. Meeder Asset Management Inc. acquired a new position in Air Products and Chemicals in the 4th quarter valued at $25,000. Finally, Mcguire Capital Advisors Inc. purchased a new position in Air Products and Chemicals during the 4th quarter worth $25,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance APD opened at $297.74 on Wednesday. The stock has a market cap of $66.30 billion, a P/E ratio of -1,353.36, a P/E/G ratio of 3.04 and a beta of 0.75. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. The stock’s 50 day simple moving average is $301.60 and its 200 day simple moving average is $292.63. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $314.87.

Air Products and Chemicals (NYSE:APD – Get Free Report) last posted its earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the previous year, the business earned $3.09 earnings per share. Air Products and Chemicals’s quarterly revenue was up 4.6% compared to the same quarter last year. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. As a group, equities analysts anticipate that Air Products and Chemicals, Inc. will post 13.45 EPS for the current fiscal year. Air Products and Chemicals Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be paid a $1.81 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. Air Products and Chemicals’s dividend payout ratio is presently -3,290.91%.

Wall Street Analysts Forecast Growth Several analysts have recently weighed in on APD shares. UBS Group lifted their target price on shares of Air Products and Chemicals from $330.00 to $336.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Morgan Stanley set a $320.00 price objective on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Royal Bank Of Canada lifted their price objective on Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Mizuho increased their target price on Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $320.00 price target on shares of Air Products and Chemicals in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $332.76.

View Our Latest Report on APD

Air Products and Chemicals Company Profile (Free Report)

Air Products and Chemicals, Inc is a global industrial gases and chemicals company headquartered in Allentown, Pennsylvania. Founded in 1940, the company supplies atmospheric and process gases, including oxygen, nitrogen, argon, hydrogen, helium, carbon monoxide and syngas, along with related equipment and technical services.

Air Products serves customers in industries such as refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings support applications including combustion, metal fabrication, semiconductor production, food preservation, medical care and industrial processing.

Recommended Stories Five stocks we like better than Air Products and Chemicals Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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2026-09-09 12:01 16h ago
2026-09-09 07:52 20h ago
Bankless Founder Shifts Positions to Altcoins, All of Which Have Significantly Outperformed ETH; ZEC, LIT, and VVV Have Repeatedly Hit New All-Time Highs.
ETH Ethereum LIT LITWTF
CoinGecko News
Original source text
On the "Niulai" Profit Ranking, the total profit of a single cryptocurrency has exceeded $2 million.

According to GMGN monitoring, the token Niu Lai saw a short-term 40% surge driven by news of its listing on Binance spot trading, with its market cap temporarily standing at $120 million. The address ranking first in on-chain profits currently holds approximately 13.51 million Niu Lai tokens, valued at around $1.576 million, accounting for 1.35% of the total token supply. The address’s cumulative profit is roughly $2.026 million, including about $606,000 in realized profit and $1.42 million in unrealized gains. It has previously sold a total of around 11.59 million tokens.

9 minutes ago

Binance will list 'Niu Lai' and add a seed tag to the token.

According to an official announcement, Binance will list "Niu Lai" at 22:30 Beijing time on September 9, 2026, add a "Seed" tag to it, and launch spot trading pairs for "Niu Lai"/USDT, "Niu Lai"/USDC, and "Niu Lai"/TRY.

9 minutes ago

Affected by news of its listing on Binance, the token "Niu Lai" surged 40% in a short period.

According to GMGN market data, driven by news of its listing on Binance’s spot trading, "Niu Lai" rallied 40% in a short period, hitting a peak of $147 million before pulling back to set a new all-time high. Its current market capitalization stands at $129 million.

9 minutes ago

Jiang Zhuoer: BTC may first rally to $84,000 before pulling back to $72,000

Jiang Zhuoer, founder of 莱比特矿池 (B.TOP), stated in a published article that BTC is currently still operating within an uptrend channel, but a subsequent correction is unavoidable. If $82,300 has become the phase high prior to this round of correction, the market may enter a prolonged period of wide-range consolidation, with prices completing adjustments through repeated fluctuations. In contrast, Jiang Zhuoer is more inclined to expect BTC to first rise further to the $83,000–$84,000 range, before correcting back to approximately $72,000.

9 minutes ago

Analysis: Bitcoin's on-chain profit structure nears the early stages of a bull market, though downside risks remain.

CryptoQuant data shows Bitcoin’s Spent Output Profit Ratio (SOPR) has stayed above the break-even line of 1 for three consecutive weeks since August 19, marking the longest such stretch since 2026, with the current reading at roughly 1.002. A SOPR above 1 indicates that BTC transferred on-chain is overall in a profitable state. On-chain analytics platform Checkonchain notes that during bear markets, price rebounds into profitable territory usually trigger sell-offs, while brief dips below the break-even line in bull markets often create dip-buying opportunities, and the current market structure is approaching the early recovery phase of a bull market. However, David Puell, portfolio manager at ARK Invest, argues Bitcoin still faces downside risks. For more conclusive evidence that the bear market has ended, SOPR needs to remain above 1 for a longer period, and BTC prices must form consecutive higher highs and higher lows.

9 minutes ago

OpenAI Partners With Samsung on Next-Generation Chips, Expanding Collaboration From Memory to Chip R&D

Beating AI News Flash: Harrison Kim, OpenAI’s head of Korea, said OpenAI is co-developing and manufacturing next-generation chips with Samsung Electronics, with clear progress made in the collaboration. He did not disclose details on the chip’s architecture, process technology, or mass production timeline. Previously, Samsung mainly served as a supplier in OpenAI’s chip roadmap. Last year, when both parties joined the Stargate Korea project, Samsung’s stated role was to provide OpenAI with advanced memory chips, as well as wafer foundry and advanced packaging capabilities. This marks the first time Samsung has explicitly entered the joint R&D and production of next-generation chips. OpenAI’s first self-developed inference chip, Jalape?o, was launched in June this year, co-developed with Broadcom and manufactured by TSMC, with deployment planned for the end of the year. OpenAI noted at the time that Jalape?o is only the first generation, with multiple subsequent chip generations to follow.

9 minutes ago
2026-09-09 12:01 16h ago
2026-09-09 08:03 20h ago
LIT’s rally forces short sellers to trigger stop-losses one after another, with $6 million in remaining positions still only 2.6% away from liquidation.
LIT LITWTF
CoinGecko News
Original source text
On the "Niulai" Profit Ranking, the total profit of a single cryptocurrency has exceeded $2 million.

According to GMGN monitoring, the token Niu Lai saw a short-term 40% surge driven by news of its listing on Binance spot trading, with its market cap temporarily standing at $120 million. The address ranking first in on-chain profits currently holds approximately 13.51 million Niu Lai tokens, valued at around $1.576 million, accounting for 1.35% of the total token supply. The address’s cumulative profit is roughly $2.026 million, including about $606,000 in realized profit and $1.42 million in unrealized gains. It has previously sold a total of around 11.59 million tokens.

9 minutes ago

Binance will list 'Niu Lai' and add a seed tag to the token.

According to an official announcement, Binance will list "Niu Lai" at 22:30 Beijing time on September 9, 2026, add a "Seed" tag to it, and launch spot trading pairs for "Niu Lai"/USDT, "Niu Lai"/USDC, and "Niu Lai"/TRY.

9 minutes ago

Affected by news of its listing on Binance, the token "Niu Lai" surged 40% in a short period.

According to GMGN market data, driven by news of its listing on Binance’s spot trading, "Niu Lai" rallied 40% in a short period, hitting a peak of $147 million before pulling back to set a new all-time high. Its current market capitalization stands at $129 million.

9 minutes ago

Jiang Zhuoer: BTC may first rally to $84,000 before pulling back to $72,000

Jiang Zhuoer, founder of 莱比特矿池 (B.TOP), stated in a published article that BTC is currently still operating within an uptrend channel, but a subsequent correction is unavoidable. If $82,300 has become the phase high prior to this round of correction, the market may enter a prolonged period of wide-range consolidation, with prices completing adjustments through repeated fluctuations. In contrast, Jiang Zhuoer is more inclined to expect BTC to first rise further to the $83,000–$84,000 range, before correcting back to approximately $72,000.

9 minutes ago

Analysis: Bitcoin's on-chain profit structure nears the early stages of a bull market, though downside risks remain.

CryptoQuant data shows Bitcoin’s Spent Output Profit Ratio (SOPR) has stayed above the break-even line of 1 for three consecutive weeks since August 19, marking the longest such stretch since 2026, with the current reading at roughly 1.002. A SOPR above 1 indicates that BTC transferred on-chain is overall in a profitable state. On-chain analytics platform Checkonchain notes that during bear markets, price rebounds into profitable territory usually trigger sell-offs, while brief dips below the break-even line in bull markets often create dip-buying opportunities, and the current market structure is approaching the early recovery phase of a bull market. However, David Puell, portfolio manager at ARK Invest, argues Bitcoin still faces downside risks. For more conclusive evidence that the bear market has ended, SOPR needs to remain above 1 for a longer period, and BTC prices must form consecutive higher highs and higher lows.

9 minutes ago

OpenAI Partners With Samsung on Next-Generation Chips, Expanding Collaboration From Memory to Chip R&D

Beating AI News Flash: Harrison Kim, OpenAI’s head of Korea, said OpenAI is co-developing and manufacturing next-generation chips with Samsung Electronics, with clear progress made in the collaboration. He did not disclose details on the chip’s architecture, process technology, or mass production timeline. Previously, Samsung mainly served as a supplier in OpenAI’s chip roadmap. Last year, when both parties joined the Stargate Korea project, Samsung’s stated role was to provide OpenAI with advanced memory chips, as well as wafer foundry and advanced packaging capabilities. This marks the first time Samsung has explicitly entered the joint R&D and production of next-generation chips. OpenAI’s first self-developed inference chip, Jalape?o, was launched in June this year, co-developed with Broadcom and manufactured by TSMC, with deployment planned for the end of the year. OpenAI noted at the time that Jalape?o is only the first generation, with multiple subsequent chip generations to follow.

9 minutes ago
2026-09-09 12:01 16h ago
2026-09-09 10:37 18h ago
A Whale Profited $14.93 Million from VVV and LIT in 6 Months
LIT LITWTF
CoinGecko News
Original source text
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

This site is protected by reCAPTCHA.
2026-09-09 12:01 16h ago
2026-09-09 10:52 17h ago
A crypto whale accurately targeted LIT and VVV, raking in $14.93 million in profits over six months.
LIT LITWTF
CoinGecko News
Original source text
On the "Niulai" Profit Ranking, the total profit of a single cryptocurrency has exceeded $2 million.

According to GMGN monitoring, the token Niu Lai saw a short-term 40% surge driven by news of its listing on Binance spot trading, with its market cap temporarily standing at $120 million. The address ranking first in on-chain profits currently holds approximately 13.51 million Niu Lai tokens, valued at around $1.576 million, accounting for 1.35% of the total token supply. The address’s cumulative profit is roughly $2.026 million, including about $606,000 in realized profit and $1.42 million in unrealized gains. It has previously sold a total of around 11.59 million tokens.

9 minutes ago

Binance will list 'Niu Lai' and add a seed tag to the token.

According to an official announcement, Binance will list "Niu Lai" at 22:30 Beijing time on September 9, 2026, add a "Seed" tag to it, and launch spot trading pairs for "Niu Lai"/USDT, "Niu Lai"/USDC, and "Niu Lai"/TRY.

9 minutes ago

Affected by news of its listing on Binance, the token "Niu Lai" surged 40% in a short period.

According to GMGN market data, driven by news of its listing on Binance’s spot trading, "Niu Lai" rallied 40% in a short period, hitting a peak of $147 million before pulling back to set a new all-time high. Its current market capitalization stands at $129 million.

9 minutes ago

Jiang Zhuoer: BTC may first rally to $84,000 before pulling back to $72,000

Jiang Zhuoer, founder of 莱比特矿池 (B.TOP), stated in a published article that BTC is currently still operating within an uptrend channel, but a subsequent correction is unavoidable. If $82,300 has become the phase high prior to this round of correction, the market may enter a prolonged period of wide-range consolidation, with prices completing adjustments through repeated fluctuations. In contrast, Jiang Zhuoer is more inclined to expect BTC to first rise further to the $83,000–$84,000 range, before correcting back to approximately $72,000.

9 minutes ago

Analysis: Bitcoin's on-chain profit structure nears the early stages of a bull market, though downside risks remain.

CryptoQuant data shows Bitcoin’s Spent Output Profit Ratio (SOPR) has stayed above the break-even line of 1 for three consecutive weeks since August 19, marking the longest such stretch since 2026, with the current reading at roughly 1.002. A SOPR above 1 indicates that BTC transferred on-chain is overall in a profitable state. On-chain analytics platform Checkonchain notes that during bear markets, price rebounds into profitable territory usually trigger sell-offs, while brief dips below the break-even line in bull markets often create dip-buying opportunities, and the current market structure is approaching the early recovery phase of a bull market. However, David Puell, portfolio manager at ARK Invest, argues Bitcoin still faces downside risks. For more conclusive evidence that the bear market has ended, SOPR needs to remain above 1 for a longer period, and BTC prices must form consecutive higher highs and higher lows.

9 minutes ago

OpenAI Partners With Samsung on Next-Generation Chips, Expanding Collaboration From Memory to Chip R&D

Beating AI News Flash: Harrison Kim, OpenAI’s head of Korea, said OpenAI is co-developing and manufacturing next-generation chips with Samsung Electronics, with clear progress made in the collaboration. He did not disclose details on the chip’s architecture, process technology, or mass production timeline. Previously, Samsung mainly served as a supplier in OpenAI’s chip roadmap. Last year, when both parties joined the Stargate Korea project, Samsung’s stated role was to provide OpenAI with advanced memory chips, as well as wafer foundry and advanced packaging capabilities. This marks the first time Samsung has explicitly entered the joint R&D and production of next-generation chips. OpenAI’s first self-developed inference chip, Jalape?o, was launched in June this year, co-developed with Broadcom and manufactured by TSMC, with deployment planned for the end of the year. OpenAI noted at the time that Jalape?o is only the first generation, with multiple subsequent chip generations to follow.

9 minutes ago
2026-09-09 12:01 16h ago
2026-09-08 09:27 1d ago
UnitedHealth (UNH) Stock Surges 39% in Six Months: Can the Rally Continue?
RLY Rally
CoinGecko News
Original source text
Key Takeaways UNH shares have climbed over 20% in 2026 and surged 39% during the last half-year period The medical care ratio has improved significantly to 85.3% compared to 87.1% in the prior year, while medical expenses decreased 2% to $148.8 billion Analysts project 2026 earnings per share at $19.82, representing 21% annual growth Analysts maintain a Strong Buy rating with a consensus price target of $481.67, suggesting 21% potential appreciation The company is eliminating 30% of its remaining prior authorization protocols UNH shares are currently hovering near $397, representing a year-to-date increase exceeding 20% and approximately 39% growth across the previous six-month period. This performance has significantly outperformed the S&P 500’s 12% advance during the comparable timeframe.

UnitedHealth Group Incorporated, UNH

The stock’s resurgence stems from diminishing medical expense pressures. During the initial half of 2026, UnitedHealth’s medical care ratio contracted to 85.3% from the previous year’s 87.1% figure. Aggregate medical expenditures declined 2% to reach $148.8 billion.

Strategic portfolio adjustments have also played a role. The healthcare giant is withdrawing from select Medicare Advantage and Optum Health segments to minimize losses and reallocate resources toward higher-margin operations.

Shareholder return initiatives have strengthened investor sentiment. By mid-July 2026, UNH had executed $4 billion in stock buybacks and maintains its commitment to repurchase a minimum of $5 billion annually. The company distributed $4.1 billion in dividend payments during the first six months.

Authorization Requirement Reduction UnitedHealthcare revealed plans to eliminate 30% of its current prior authorization protocols, affecting surgical procedures, diagnostic imaging, and therapeutic services. This initiative aims to streamline administrative processes and enhance patient experience.

However, the strategy carries inherent risks. Reduced authorization requirements may lead to increased healthcare service utilization and elevated medical expenditures. Leadership will need robust pricing strategies and care coordination systems to manage potential cost escalation.

Financial Projections The Zacks analyst consensus projects 2026 earnings per share at $19.82, marking a 21.2% year-over-year increase. This forecast has been revised upward twice during the past month without any downward adjustments.

Looking ahead to 2027, earnings are anticipated to expand an additional 13.7% to $22.54, while revenues are expected to increase 2.6% to $458.33 billion. The company has exceeded earnings expectations in all four recent quarterly reports, delivering an average positive surprise of 12.1%.

From a valuation perspective, UNH is priced at 18.51x forward earnings, exceeding the industry benchmark of 16.13x but remaining below its five-year median multiple of 19.11x.

Bernstein’s Lance Wilkes reaffirmed his Buy recommendation recently with a $512 price objective. He emphasized Optum Insight as a critical long-term value creator, especially regarding artificial intelligence applications in healthcare operations.

Some analysts express caution. Erste Group’s Hans Engel recently lowered his rating to Hold, pointing to revenue expansion in 2026 and 2027 that appears modest compared to industry competitors, alongside what he considers an elevated valuation.

The Street consensus reflects a Strong Buy stance on UNH, incorporating 16 Buy recommendations and five Hold ratings. The mean price objective of $481.67 represents approximately 21% appreciation potential from present trading levels.

Additionally, the Centers for Medicare & Medicaid Services’ April determination to increase 2027 Medicare Advantage reimbursement rates by an average of 2.48%—substantially higher than the initially proposed 0.09%—has improved the company’s revenue outlook.
2026-09-09 12:01 16h ago
2026-09-08 10:04 1d ago
XRP Golden Cross Nears as Bullish Setup Mirrors Rally From $2.20 to $3.60
XRP Ripple
CoinGecko News
Original source text
XRP is showing a bullish signal as its short-term moving average gets closer to its long-term moving average.

The 50-day Simple Moving Average (SMA) is moving toward the 150-day SMA. If the 50-day average crosses above the 150-day average, it would create a golden cross.

Notably, traders see a golden cross as a sign that momentum may be turning bullish. Traders are watching this setup because the last time XRP formed a similar pattern, its price climbed from around $2.20 to above $3.60, a gain of more than 63%.

If the current moving averages eventually cross, traders may look to that previous move as a possible reference for what could happen next.

XRP Golden Cross Is Not Confirmed Yet It is important to note that XRP has not formed a golden cross yet. As of September 8, XRP was trading around $1.39, up 2.10% over the past week.

The 50-day moving average is about $1.197, while the 150-day moving average is around $1.238. This shows that the two averages are very close.

XRP is now at an important point. If the 50-day average moves above the 150-day average, it could strengthen the bullish outlook and attract traders expecting a recovery.

However, if the 50-day average fails to move above the 150-day average, the golden-cross setup could disappear, and XRP may not see the expected price increase.

BINANCE: XRP/USD price Chart Can XRP Repeat the $2.20-to-$3.60 Rally? XRP’s previous rally is interesting, but it does not mean the same thing will happen again.

For XRP to continue rising, buyers would need to push the price higher while keeping it above the key moving-average levels. A strong price breakout accompanied by higher trading volume would make the bullish signal stronger.

XRP Stuck Between $1.30 and $1.50 Meanwhile, according to analyst ChartNerd, XRP has been trapped in a tight range between $1.30 support and $1.50 resistance for about three weeks. He says this pattern looks similar to a range XRP traded in earlier in 2026, before the price eventually dropped.

XRP hit a low in February, then recovered toward $1.50 and moved sideways for several months. In May, it reached its 20-week moving average but failed to break above it and later fell to a cycle low of around $0.98.

Since then, XRP has recovered, moved back above the 20-week moving average, and climbed toward the 50-week EMA, which is now the main resistance level.

The 50-Week EMA Is the Key Test The two important levels are the weekly moving averages:

50-week EMA: around $1.53 20-week EMA: around $1.28 This puts XRP between two important levels, with the $1.50 area acting as the main resistance. Breaking back above the 20-week EMA is already a positive sign because XRP previously failed at this level in May before falling toward $0.98.

However, the 50-week EMA remains the bigger challenge. ChartNerd also pointed out that XRP faced the 50-week EMA in January near $2.50 and then dropped sharply. Because of this, how XRP reacts around the current 50-week EMA could be important.

For now, the analyst believes traders should wait for confirmation. A break above $1.50 could signal further upside, while a drop below around $1.20 could signal weakness.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
2026-09-09 12:00 16h ago
2026-09-08 11:34 1d ago
Meta Platforms (META) Stock: Analysts Project 32% Rally on AI Chip Developments
RLY Rally
CoinGecko News
Original source text
Key Takeaways Shares of Meta climbed 4% on September 3 following the launch of Muse Spark 1.3, an enhanced AI coding platform Bank of America maintained its Buy recommendation with an $810 price objective, suggesting 32% potential gains from September 3 closing levels The latest Muse Spark iteration delivers 20% reduction in tool calls and 25% fewer tokens versus its predecessor Custom MTIA silicon developed with Broadcom partnership may account for 15-20% of Meta’s AI infrastructure The social media giant trades at 18x forward 2027 GAAP earnings, below its historical valuation average Shares of Meta Platforms closed at $613.62 on September 3, registering approximately 4% gains. The broader equity market advanced roughly 1%, indicating Meta-specific catalysts drove the outperformance.

Meta Platforms, Inc., META

The catalyst? Muse Spark version 1.3.

The company unveiled this upgraded model on September 2. Engineered for coding applications and agentic workflows, it’s accessible via Muse Code and the Meta Model API. The platform achieves comparable engineering outcomes using approximately 20% fewer tool calls and 25% reduced token consumption compared to Muse Spark 1.2.

$META ROLLS OUT MUSE SPARK 1.3

Meta says its latest model delivers its biggest coding/agentic jump yet, matching GPT-5.6 Sol on Terminal-Bench 2.1 at 88.8 and scoring 75.4 on DeepSWE.

Available now in Muse Code/API. Zuckerberg also teased 🍉 Watermelon + open weights next. https://t.co/2hpuAOUszN pic.twitter.com/Zb5cVQIR7q

— Wall St Engine (@wallstengine) September 2, 2026

The pricing structure remained unchanged at $1.25 per million input tokens and $4.25 per million output tokens. Meta is directly challenging Anthropic’s Claude Code and OpenAI’s development tools in the agentic coding arena.

The enhanced model delivers improved reliability for extended tasks, orchestrates multiple workflows within single conversations, and integrates contextual information from diverse sources.

What captured Wall Street’s attention was the velocity of innovation. Muse Spark 1.3 launched approximately 30 days after version 1.2. Such rapid iteration represents an aggressive development timeline.

Bank of America’s Bullish Perspective Bank of America analyst Justin Post reaffirmed his Buy recommendation and $810 price objective following the model launch. This target represents approximately 32% upside potential from the September 3 closing price.

Post’s analysis highlighted the agentic enhancements as foundational infrastructure for Meta’s upcoming initiatives. The firm is working on a consumer-facing AI agent with the internal designation Hatch, initially disclosed by The Information. Neither an official brand name nor release timeline has been announced.

Bernstein similarly maintained an Outperform stance with an $800 objective, emphasizing Meta’s AI-powered advertising platform as a competitive differentiator.

Trading around $617 when BofA issued its analysis, Meta carried a valuation of approximately 18 times estimated 2027 GAAP earnings. The company’s historical average hovers near 21 times. The S&P 500 currently trades at roughly 20 times. Meta’s valuation sits below both its own historical norm and the benchmark index.

BofA’s $810 objective assumes 24 times 2027 GAAP earnings. The firm contends this premium valuation is warranted given Meta’s expansion trajectory.

Custom Silicon Initiative The investment thesis extends beyond software developments.

During its Q2 2026 earnings discussion, Broadcom disclosed expectations to supply three successive generations of Meta’s proprietary Training and Inference Accelerator processors through 2027. The chipmaker also has visibility into approximately three gigawatts of Meta infrastructure deployments extending through 2028, with volume shipments anticipated to commence in Q4 2026.

BofA projects these MTIA implementations could ultimately comprise 15% to 20% of Meta’s aggregate AI computational capacity.

KeyBanc maintained an Overweight stance but reduced its price objective to $760 from $855. The research shop acknowledged Meta Superintelligence Labs achieved substantial advancement with Muse Spark while noting escalating expectations for demonstrable AI monetization.

Meta’s 52-week trading range spans from $520.26 to $790.80. Following the September 3 appreciation, shares remain positioned in the lower portion of this range.

Volume production of MTIA processors is slated to begin during Q4 2026.
2026-09-09 12:00 16h ago
2026-09-08 12:00 1d ago
Attention HYPE Investors: A Critical Warning Has Been Issued!
HYPE Hyperliquid
CoinGecko News
Original source text
Hyperliquid’in HYPE tokeni kısa süre önce yaklaşık 89 dolarla tüm zamanların en yüksek seviyesine ulaşmasının ardından kritik bir döneme girdi. Güçlü yükselişe rağmen teknik göstergeler kısa vadeli momentumun zayıflayabileceğine işaret ediyor. MACD göstergesinde oluşan düşüş sinyali satış baskısı riskini artırırken, yatırımcıların son yedi günde gerçekleştirdiği yaklaşık 445 milyon dolarlık HYPE alımı olası geri çekilmeyi sınırlayabilecek önemli bir faktör olarak öne çıkıyor.

HYPE Grafiğinde Kritik Sinyal HYPE fiyatındaki güçlü yükselişin ardından MACD göstergesinde düşüş yönlü bir kesişim oluştu. MACD çizgisinin sinyal çizgisinin altına gerilemesi, piyasada yükseliş momentumunun zayıflamaya başladığına yönelik bir işaret olarak değerlendiriliyor. Benzer bir teknik yapı Haziran ayında da görülmüş ve HYPE sert bir çöküş yerine belirli bir fiyat aralığında hareket etmişti. Aynı senaryonun tekrarlanması durumunda 80 dolar seviyesi HYPE için kısa vadede kritik destek bölgesi haline gelebilir.

Teknik görünümdeki zayıflamaya rağmen spot piyasada yatırımcıların HYPE biriktirmeye devam etmesi dikkat çekiyor. Son 24 saatte borsalardan yaklaşık 4,54 milyon dolar değerinde HYPE çekilirken, bu hareket 73,32 milyon dolarlık alımların ardından gerçekleşti. Son yedi günlük veriler ise yatırımcıların yaklaşık 445 milyon dolar değerinde HYPE satın aldığını gösteriyor. Borsalardan token çıkışlarının devam etmesi, yatırımcıların HYPE’ı satmak yerine ellerinde tutmayı tercih ettiğine yönelik olumlu bir sinyal olarak yorumlanabilir.

HYPE’ta Long Pozisyonlar Baskı Altında Vadeli işlem piyasasındaki tasfiye verileri ise HYPE için daha temkinli bir tablo ortaya koyuyor. Son verilere göre long pozisyonlarda yaklaşık 225.270 dolarlık tasfiye yaşanırken, short pozisyonlardaki kayıp yalnızca 9.520 dolar civarında kaldı. Aradaki belirgin fark, özellikle fiyatın yükselmeye devam edeceğini bekleyen yatırımcıların son geri çekilmeden daha fazla etkilendiğini gösteriyor. Bu rakamlar, long yatırımcıların short pozisyonlara kıyasla yaklaşık 23,6 kat daha fazla tasfiyeyle karşı karşıya kaldığına işaret ediyor. Long pozisyonlardaki tasfiyelerin artmaya devam etmesi, piyasadaki satış baskısını daha da güçlendirebilir ve kısa vadeli volatiliteyi artırabilir. Bu senaryoda HYPE fiyatının kritik destek seviyelerine doğru geri çekilmesi ve grafikte yeni dip seviyelerin oluşması riski gündeme gelebilir.

HYPE Yükselişi Sona mı Eriyor? HYPE açısından teknik göstergeler ile spot piyasa hareketleri şu anda farklı sinyaller veriyor. MACD’deki düşüş yönlü kesişim ve long tasfiyeler kısa vadeli riskleri artırırken, güçlü spot alımları fiyatın daha sert bir düzeltme yaşamasını engelleyebilir.

Öne çıkan iki kritik sinyal şöyle:

Teknik risk: Satış baskısının güçlenmesi halinde HYPE fiyatı 80 dolar desteğine doğru gerileyebilir. Güçlü birikim: Son yedi günde gerçekleşen 445 milyon dolarlık alım, olası düşüşün sınırlı kalmasına yardımcı olabilir. Sonuç olarak HYPE için 80 dolar seviyesi kısa vadede yakından takip edilecek kritik bölgelerden biri olacak. Spot piyasadaki güçlü birikimin devam etmesi toparlanmayı destekleyebilirken, satış baskısının güçlenmesi son rallinin ardından daha kapsamlı bir düzeltmenin önünü açabilir.

Son dakika kripto para haberleri için hemen tıkla.

Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
2026-09-09 12:00 16h ago
2026-09-08 12:41 1d ago
Tom Lee: Asset Tokenization and Agentic AI Could Trigger a New Rally for ETH
BTC Bitcoin ETH Ethereum RLY Rally
CoinGecko News
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

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2026-09-09 12:00 16h ago
2026-09-08 18:31 1d ago
3 Red Flags Are Emerging for Chainlink After LINK’s Powerful 95% Rally
LINK Chainlink RLY Rally
CoinGecko News
Original source text
3 Red Flags Are Emerging for Chainlink After LINK’s Powerful 95% Rally
2026-09-09 12:00 16h ago
2026-09-08 21:07 1d ago
Chime Financial, Inc. (CHYM) Stock: Surge as $590M Stride Bank Acquisition Fuels Rally 
STRD Stride
CoinGecko News
Original source text
TLDR Table of Contents

CHYM surged 10.38% after hours as Chime agreed to acquire Stride Bank for $590M. Chime will pay $590 million in cash to acquire longtime banking partner Stride Bank. The Stride deal could deliver more than $100 million in net synergies for Chime. Chime lifted its full-year 2026 revenue guidance to as much as $2.77 billion. The Stride Bank acquisition is expected to close during the first half of 2027. Chime Financial shares surged after hours after the company agreed to acquire Stride Bank for $590 million in cash. CHYM closed at $32.31, down 4.30%, before jumping 10.38% after hours to $35.67. The deal gives Chime direct control of a national bank charter and strengthens its banking infrastructure.

Chime Financial, Inc. Class A Common Stock, CHYM

Chime Moves Toward Full-Stack Banking Chime will acquire Stride Bank, its banking partner for seven years, through a cash agreement. After closing, Stride will become Chime Bank, N.A. and operate as Chime’s wholly owned subsidiary. The structure gives Chime a faster route to bank ownership than seeking a new charter.

Stride was founded in 1913 and operates from Enid, Oklahoma, with established banking and compliance capabilities. The bank already supports many Chime accounts, which contribute significantly to Stride’s deposit base. That relationship should help Chime integrate banking functions without rebuilding its operating model.

Chime expects bank ownership to remove partner fees, reduce funding costs, and improve unit economics. The company also plans to connect its ChimeCore technology stack with Stride’s banking infrastructure. As a result, Chime expects faster product development, simpler regulatory processes, and more direct account management.

$100M Synergies Support CHYM Stock Rally Chime expects the acquisition to increase earnings per share immediately after the transaction closes. The company forecasts over $100 million in net synergies from fee savings, lending growth, and cheaper funding. Chime values Stride at about 1.5 times tangible book value and will use existing cash.

The company plans to keep its payments-led, asset-light model while gaining more control over banking operations. Direct ownership should also support lending growth through lower funding costs and integrated underwriting. Meanwhile, Chime expects to keep bank assets below $10 billion for the foreseeable future.

Chime serves more than 10 million active members through its digital banking and payments platform. Its business has relied on partner banks to hold deposits and provide regulated banking services. Buying Stride shifts key infrastructure inside Chime while preserving its consumer-focused operating strategy.

Chime Raises 2026 Revenue Guidance Chime also raised third-quarter guidance, adding further support to the after-hours CHYM stock rally. The company now expects $705 million in revenue, representing about 30% year-over-year growth. Adjusted EBITDA should reach $117 million to $120 million, implying a margin near 17%.

For 2026, Chime projects revenue between $2.76 billion and $2.77 billion. That range represents annual growth of about 26% to 27% under the updated outlook. Adjusted EBITDA should reach $481 million to $489 million, with margins between 17% and 18%.

The transaction should close during the first half of 2027 after receiving required federal approvals. The OCC and Federal Reserve must approve the ownership change before Chime completes the deal. Both boards approved the transaction, while Stride will mainly support Chime’s consumer business after closing.
2026-09-09 12:00 16h ago
2026-09-09 01:33 1d ago
Bitcoin Whales Were Urging Friends to Buy Zcash Before Its Rally to $1,000
RLY Rally
CoinGecko News
Original source text
Some of Bitcoin’s oldest whales spent months privately urging early investor Dan Held to buy Zcash (ZEC) before the token’s rally past $1,000, he said in a recent interview.

Held, a former Kraken head of marketing who bought his first Bitcoin in 2012, said the messages came from investors with eight- and nine-figure net worths who have traded Bitcoin since 2013.

Whales Pitch Zcash to a Bitcoin PuristHeld said that over roughly three to six months, these investors pushed him to buy ZEC between $100 and $400. Many funded the trade by trimming a fifth to an eighth of their long term Bitcoin holdings.

Zcash has since crossed $1,000 last week, its first time above that level in nearly a decade, since it was launched. Rising Zcash ETF inflows into Grayscale’s ZCSH fund have added to the rally’s momentum.

Held said he still views the timing skeptically. He argued that crypto narratives typically form only after an asset has already moved, not before it. That pattern, he said, looks familiar in Zcash’s case as well.

Held Isn’t Convinced YetHeld contrasted Zcash with Bitcoin’s fixed 21 million supply cap. He said the Zcash community accepted a tradeoff between privacy and supply auditability that Bitcoin’s community rejected.

Zcash is up 182% in the last three months. Image Source: CoingeckoHe pointed to an episode from roughly six months to a year ago. Confusion over a possible exploit briefly made it unclear exactly how much ZEC was in circulation. Held said that kind of uncertainty would be intolerable for an asset marketed as digital gold.

Held added that he generally avoids buying whatever the market already loves. He said his best trades, including Bitcoin and SpaceX, came from assets nobody wanted at the time. On Zcash, he said, that is no longer the case.

Some Zcash short sellers have also been squeezed by the rally, a sign of how fast sentiment turned.

Whether the whales’ early timing proves right will likely take a full market cycle to judge.
2026-09-09 12:00 16h ago
2026-09-09 07:17 21h ago
Solana (SOL) Breaks 10-Month Losing Streak: Can It Rally to $150?
SOL Solana
CoinGecko News
Original source text
Key Highlights Solana closed its first positive monthly candle in nearly a year following a rebound from the $60 level Technical indicators show monthly RSI breaking multi-year resistance while MACD nears bullish territory Large investor accumulated 285,503 SOL tokens valued at $28.82 million through Hyperliquid over recent weeks Daily chart golden cross formation suggests possible advance beyond $150 price level Network’s real-world asset ecosystem reached record $4.35 billion valuation with dominant memecoin trading share Solana (SOL) currently trades around $102, experiencing a 3% decline in the past day. However, the broader picture shows a strong 34.8% gain across the last month. Today’s trading activity has kept the token between $102.28 and $105.20.

Solana (SOL) Price Technical analysis reveals three significant developments on monthly timeframes. The second indicator to watch is the MACD, which appears ready for a bullish crossover pending confirmation. Additionally, the RSI indicator has successfully broken through a descending resistance line that had constrained price action for approximately 24 months.

Market analyst Ash Crypto shared observations on X: “$SOL is showing one of the most bullish setups in crypto right now. Closed its first green monthly candle in 10 months. Monthly MACD is about to cross bullish. Monthly RSI has broken a 2 year downtrend. Is SOL starting its major bullish reversal?” The commentary highlighted changing momentum without declaring a confirmed reversal.

$SOL is showing one of the most bullish setups in crypto right now.

– Closed its first green monthly candle in 10 months
– Monthly MACD is about to cross bullish
– Monthly RSI has broken a 2 year downtrend

Is SOL starting its major bullish reversal? pic.twitter.com/HREhkUYrlh

— Ash Crypto (@AshCrypto) September 8, 2026

The token previously reached levels above $200 before declining toward $60. Maintaining support between $60 and $80 remains crucial for sustaining the current recovery pattern. Breaking through and consolidating above $100 to $120 would add credibility to the bullish thesis.

Large-Scale Token Acquisition Blockchain tracking data reveals that whale wallet HURDw executed a series of SOL purchases via Hyperunit’s hot wallet spanning three weeks. The accumulated position totaled 285,503 SOL with an approximate value of $28.82 million. The most substantial individual transaction involved 49,732 SOL, representing roughly $5.07 million.

These acquisitions were spread across numerous transactions instead of a single bulk order, taking place during SOL’s recovery phase from its bottom near $60.

Golden Cross Formation Suggests $150 Possibility Technical analyst 0xSweep highlighted the emergence of a golden cross pattern on Solana’s daily timeframe. This technical signal appears when a short-period moving average rises above a longer-period counterpart.

0xSweep drew parallels to an earlier golden cross instance on the same chart, which preceded a 56.22% price surge that pushed SOL into the $250 territory. Extrapolating similar percentage gains from present price levels suggests a theoretical target exceeding $150 by October’s conclusion. This projection relies on historical pattern comparison rather than guaranteed forecasting.

The Solana network’s real-world asset sector achieved an unprecedented valuation of $4.35 billion, supported by more than 420,000 RWA token holders. Data from September 7 showed Solana commanding 67% of spot decentralized exchange memecoin trading volume among monitored blockchains, representing nearly triple Robinhood’s 23% market share.
2026-09-09 12:00 16h ago
2026-09-09 07:20 21h ago
XRP (XRP) Eyes $2.10 Rally as Technical Patterns Align for Breakout
XRP Ripple
CoinGecko News
Original source text
Key Highlights XRP currently trades at $1.43, posting daily gains of 3.8% and weekly advances of 4.2% Technical analyst Ali Charts monitors $1.40 as crucial resistance, with a breakout potentially driving price to $1.46 Crypto trader Dark Defender identifies bull flag formation with upside projection to $1.8815 Daily chart reveals bullish flag configuration suggesting potential 48% surge to $2.10 XRP exchange-traded funds recorded $13 million in net capital inflows during early September XRP has surged 3.8% in the past 24 hours, reaching a trading price of $1.43. The digital asset has also registered a 4.2% increase across the seven-day period as market participants observe the formation of promising technical patterns near critical support zones.

XRP Price This upward momentum persists despite broader market headwinds. Approximately $350 billion evaporated from US equity markets today as crude oil reached its highest levels in three months.

Nevertheless, cryptocurrency market sentiment maintains an optimistic tone. The Crypto Fear and Greed Index currently registers at 72, indicating investors remain in “Greed” mode despite the recent correction following the late-August price surge.

Technical analyst Ali Charts highlighted a descending triangle formation appearing on XRP’s hourly timeframe. In a social media update on X, the analyst stated they’re monitoring for an hourly candle close above the $1.40 threshold, noting that a validated breakout could catalyze upward momentum toward $1.46.

XRP BREAKOUT WATCH$XRP appears to be forming a descending triangle on the hourly chart.

I'm watching for an hourly close above $1.40. If confirmed, the breakout could trigger a rally toward $1.46. pic.twitter.com/K1RNqYkPnM

— Ali Charts (@alicharts) September 8, 2026

Meanwhile, prominent trader Dark Defender offered additional perspective, highlighting a bull flag configuration on XRP’s price chart. Dark Defender noted that a breakout and subsequent retest have already occurred, with the next upside objective set at $1.8815.

Bullish Flag Formation Suggests $2.10 Objective Examining the daily timeframe, XRP has developed a classic bullish flag structure following its powerful late-August price advance. This technical pattern functions as a continuation formation, typically indicating the preceding uptrend is preparing to resume.

The flag structure slopes downward, which technical experts interpret as a consolidation phase driven by profit-taking from early-entry traders. A decisive move above the $1.50 zone, representing the flag’s upper boundary, would be necessary to validate this bullish setup.

Should this breakout materialize, a measured move calculated from the flagpole’s height establishes a price objective at $2.10. This projection represents an impressive 48% appreciation from present valuation levels.

Blockchain Metrics Suggest Significant Price Movement Ahead Blockchain analytics from Santiment reveal that active wallet addresses on the XRP Ledger experienced a notable surge during late August before declining. A crossover event between the 7-day and 30-day moving averages for active addresses has historically served as a precursor to substantial price fluctuations in both directions.

XRP exchange-traded fund products opened September with $13 million in net inflows, translating to a daily average of $3.3 million. If this pace continues, monthly inflows could reach $60–$70 million, though this would still represent a decline exceeding 50% compared to the previous month.

Source; SoSoValue Ripple’s CEO Brad Garlinghouse maintains his advocacy for the CLARITY Act, legislation designed to establish comprehensive regulatory frameworks for digital assets. The Federal Reserve is scheduled to announce its interest rate determination on September 16th, with market expectations of a rate increase currently standing at 60%.

The earlier XRP price forecast targeting $1.80 continues to hold validity, with the $1.50 breakout threshold representing the critical level for traders to monitor in the immediate term.
2026-09-09 12:00 16h ago
2026-09-09 08:30 20h ago
Bitcoin Whales Stockpiled This Coin Months Ago!
RLY Rally
CoinGecko News
Original source text
Bitcoin’in ilk dönemlerinden bu yana piyasada bulunan bazı büyük yatırımcılar, Zcash 1.000 doları aşmadan aylar önce Dan Held’e ZEC almasını tavsiye etti. Held’a göre bu yatırımcılar 100 ila 400 dolar aralığındaki seviyeleri işaret ederken, bazıları alımı finanse etmek için uzun vadeli Bitcoin varlıklarının bir bölümünü sattı.

Zcash geçtiğimiz hafta yaklaşık on yıl sonra yeniden 1.000 doların üzerine çıktı. Ancak bu yükseliş, erken dönemde yapılan çağrıların ne kadar isabetli olduğunu yeniden gündeme getirirken Held hâlâ rallinin arkasındaki anlatıya temkinli yaklaşıyor.

Bitcoin’in Eski Balinaları Zcash İçin Neden Israr Etti? Held, yaklaşık üç ila altı aylık dönemde bazı büyük yatırımcıların kendisini Zcash almaya ikna etmeye çalıştığını söyledi.

Söz konusu yatırımcıların Bitcoin piyasasında 2013’ten beri işlem yaptığını ve servetlerinin 8 ila 9 haneli seviyelere ulaştığını belirten Held, kendisine özellikle 100-400 dolar aralığında ZEC alması yönünde tavsiyeler geldiğini aktardı.

Daha da dikkat çekici olan ise bu yatırımcıların Zcash pozisyonu açmak için Bitcoin varlıklarının bir kısmından vazgeçmesiydi.

Held’a göre bazıları uzun vadeli Bitcoin portföylerinin yaklaşık %20 ila %12,5’ini azaltarak ZEC alımını finanse etti.

Aylar sonra Zcash’in 1.000 doları aşması, bu yatırımcıların zamanlamasını yeniden gündeme taşıdı.

Zcash 1.000 Dolara Nasıl Ulaştı? ZEC geçtiğimiz hafta 1.000 doların üzerine çıkarak yaklaşık on yıldır görülmeyen bir seviyeye ulaştı.

Bu yükselişe yalnızca piyasadaki alım ilgisi eşlik etmedi. Grayscale’in ZCSH adlı Zcash ETF’sine yönelik girişlerin de rallinin ivmesini desteklediği belirtildi.

Böylece daha önce sınırlı kalan Zcash anlatısı, fiyat yükseldikçe daha geniş bir yatırımcı kitlesinin dikkatini çekmeye başladı.

Fakat Held’ın temel itirazı tam olarak burada ortaya çıkıyor.

Dan Held Zcash Rallisine Neden Şüpheyle Bakıyor? Held, kripto piyasasında anlatıların çoğu zaman fiyat hareketinden önce değil, sonra ortaya çıktığını düşünüyor.

Başka bir ifadeyle bir varlığın fiyatı yükseliyor, ardından piyasada bu yükselişi açıklayan güçlü bir hikâye oluşuyor. Held, Zcash tarafında da benzer bir süreç yaşandığını savunuyor.

Bu nedenle mevcut ralliyi yalnızca gizlilik odaklı yeni bir anlatının ortaya çıkmasıyla açıklamanın doğru olmadığını düşünüyor.

Üstelik Held’ın Zcash konusunda daha temel bir çekincesi bulunuyor.

Bitcoin ile Zcash Arasındaki En Kritik Fark Ne? Held, Zcash ile Bitcoin arasındaki en önemli ayrımlardan birinin arzın doğrulanabilirliği olduğunu söylüyor.

Bitcoin’in toplam arzı 21 milyon adetle sınırlı. Zcash tarafında ise gizlilik özelliği nedeniyle bazı farklı tasarım tercihleri bulunuyor.

Held’a göre Zcash topluluğu, daha güçlü gizlilik elde etmek için arzın denetlenebilirliği konusunda Bitcoin topluluğunun kabul etmediği bir tavizi benimsedi.

Bunun neden önemli olduğunu ise yaklaşık altı ila 12 ay önce yaşanan bir olay üzerinden anlatıyor.

Zcash ağıyla ilgili olası bir istismar konusunda ortaya çıkan belirsizlik sırasında dolaşımdaki toplam ZEC miktarının ne kadar olduğu kısa süreliğine netliğini kaybetti.

Held’a göre bu tür bir belirsizlik, “dijital altın” anlatısıyla öne çıkan bir varlık açısından ciddi bir sorun.

Balinaların Avantajı Nerede Ortaya Çıkabilir? Held’ın yaklaşımında dikkat çeken bir başka nokta ise yatırım tercihi.

Tecrübeli yatırımcı, piyasada herkesin ilgisini çeken varlıklara yönelmekten genellikle kaçındığını söylüyor. Bitcoin ve SpaceX yatırımlarını örnek gösteren Held, en başarılı işlemlerinin piyasada henüz kimsenin istemediği varlıklarda gerçekleştiğini belirtiyor.

Zcash söz konusu olduğunda ise aynı koşulların artık geçerli olmadığını düşünüyor.

ZEC 100-400 dolar aralığında yatırımcıların radarına girdiğinde hikâye henüz geniş kitlelere ulaşmamıştı. Bugün ise token 1.000 doların üzerine çıktı ve gizlilik odaklı varlıklara yönelik ilgi belirgin biçimde arttı.

Üstelik yükseliş, bazı short pozisyonların zorunlu kapanmasına da yol açtı. Zcash rallisi sırasında açığa satış yapan bazı yatırımcıların sıkışması, fiyat hareketinin ne kadar hızlı gerçekleştiğini gösterdi.

Bu tablo Bitcoin balinalarının zamanlamasını ilginç hale getiriyor. Ancak onların aylar önce gördüğü fırsatın bugün hâlâ devam edip etmediği başka bir soru.

Zcash’in 1.000 doların üzerine çıkması erken yatırımcıları haklı çıkarmış olabilir. Fakat bu rallinin yeni ve kalıcı bir piyasa döngüsünün başlangıcı mı, yoksa güçlü bir anlatının fiyat hareketini takip ettiği geçici bir dönem mi olduğunu anlamak için daha uzun bir süre gerekecek.

Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.

Son Dakika kripto para haberleri için hemen tıkla.

Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
2026-09-09 12:00 16h ago
2026-09-09 08:31 20h ago
A VVV Whale's New Address Gains Over $2 Million in Profit from Buying the Rally
RLY Rally
CoinGecko News
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2026-09-09 12:00 16h ago
2026-09-09 09:12 19h ago
Nvidia (NVDA) Stock: Cantor Fitzgerald Projects 55% Rally Ahead
RLY Rally
CoinGecko News
Original source text
Key Takeaways Cantor Fitzgerald maintains Buy rating on NVDA with $350 target, suggesting 55% appreciation potential Shares declined 2.1% Tuesday amid broader market pressure from escalating oil prices and geopolitical concerns Second quarter FY27 revenue reached $96.22 billion, representing 105.9% year-over-year growth and surpassing expectations Analyst consensus points to Strong Buy with mean price target of $325.23, indicating 44.1% potential gain Board member Mark Stevens divested more than 1 million shares valued at approximately $235.6 million in early September Shares of Nvidia experienced a 2.1% decline on Tuesday, settling near $225.73 as Wednesday’s trading session commenced. The retreat came as crude oil prices surged amid heightened Middle East geopolitical tensions, weighing on overall market sentiment and dragging down NVDA alongside other growth stocks.

NVIDIA Corporation, NVDA

The pullback hasn’t shaken Cantor Fitzgerald’s conviction. Analyst C.J. Muse maintained his Buy recommendation on NVDA while keeping his $350 price objective intact. That target represents approximately 55% appreciation potential from Tuesday’s closing level. Muse holds the No. 9 position among over 12,500 analysts monitored by TipRanks, boasting a 72% accuracy rate and delivering average returns of 78.1% per recommendation across a one-year timeframe.

Muse’s investment thesis rests on a straightforward premise: demand for artificial intelligence infrastructure shows no signs of cooling. He observes that Nvidia currently trades at the most attractive valuation multiple among computing sector peers when measured against 2028 earnings projections. Additionally, he highlighted that NVDA remains relatively under-represented in both hedge fund portfolios and long-only institutional holdings, presenting significant runway for position expansion.

Impressive Financial Performance Supports Optimistic Outlook Nvidia unveiled its Q2 FY27 financial results on August 26th. The company posted revenue of $96.22 billion, marking a 105.9% surge compared to the prior-year period and exceeding Wall Street’s $92.27 billion forecast. Earnings per share registered at $2.22, outperforming the consensus estimate of $2.09 by $0.13.

The company’s net profit margin came in at 63.66%, while return on equity reached an impressive 96.04%. Company leadership reaffirmed guidance calling for approximately 70% revenue expansion through fiscal 2028.

Following the earnings release, BMO Capital analyst Harsh Kumar also maintained his Buy recommendation on NVDA with a $340 price objective after conducting a follow-up discussion with the company’s investor relations department. He emphasized that same 70% growth projection as a fundamental pillar supporting his bullish stance.

Notable Insider Transaction Activity However, not all signals point uniformly bullish. Board member Mark Stevens offloaded more than 1.02 million NVDA shares during September 3rd through 4th, collecting roughly $235.6 million and reducing his direct stake by approximately one-third.

Collectively, company insiders have divested approximately 2.59 million NVDA shares valued at around $571 million throughout the past three-month period. These transactions occurred through pre-established Rule 10b5-1 trading arrangements, which are programmed ahead of time and don’t necessarily signal concerns about the company’s immediate prospects.

Regarding institutional ownership, 65.27% of NVDA shares are held by institutional investment firms. TriaGen Wealth Management expanded its holdings by 23.4% during Q2, acquiring 9,412 additional shares to bring its total position to 49,597 shares valued at approximately $9.9 million.

The Street’s collective outlook on NVDA registers as Strong Buy, supported by 29 unanimous Buy recommendations. The consensus price target of $325.23 points to 44.1% upside potential. Shares have advanced more than 21% since the beginning of the year.

Nvidia has also announced a quarterly dividend distribution of $0.25 per share, payable October 1st to stockholders registered as of September 10th. The company’s $80 billion share repurchase authorization, unveiled in May, continues to be in effect.
2026-09-09 12:00 16h ago
2026-09-09 10:13 18h ago
Zcash (ZEC) Price: Shorts Hit 72% as Traders Bet Against a Rally
ZEC Zcash
CoinGecko News
Original source text
TLDR Binance top traders are heavily short on ZEC, with shorts at 72.05% versus 27.95% long. Garrett Jin’s $44.9 million short position is down about $21.98 million in unrealized losses. Spot Taker CVD shows buyers still absorbing supply despite the bearish positioning. ZEC Open Interest dropped 11.49% to $2.41 billion, and derivatives volume fell 42.06%. A fair value gap near $1,023.60 could decide if ZEC starts a new upward wave. Zcash (ZEC) traders on Binance have piled into short positions even as the price holds above $1,100. Data from CoinGlass shows short accounts made up 72.05% of top trader positioning, compared to 27.95% long. That puts the Long/Short Ratio at 0.39, a clear tilt toward expecting a price drop.

One trader feeling the pressure of this bet is Garrett Jin. He holds a 39.76K ZEC short worth close to $44.90 million.

Jin entered his position at $576.30. With ZEC trading near $1,128.58 at the time of writing, his unrealized loss sits at about $21.98 million.

His liquidation price is $2,540.50, so he isn’t in immediate danger. But a further price increase would add to his losses and could pressure other traders holding similar short bets.

Zcash Price on CoinGecko Spot Buyers Push Back Against Short Bias While derivatives traders lean bearish, spot market activity tells a different story. The 90-day Spot Taker CVD indicator remains buyer-dominant, meaning aggressive buyers continue to control cumulative taker activity on the spot side.

This is a divergence worth noting. The heavy short positioning hasn’t been matched by equal selling pressure in the spot market.

Buyers have kept absorbing available supply, even as many traders expect a deeper correction. This gap between spot demand and short positioning is part of what’s keeping Jin’s position underwater.

Derivatives activity has also cooled off. ZEC Open Interest fell 11.49% over 24 hours, landing at $2.41 billion.

Trading volume in derivatives dropped even more, down 42.06% to $5.99 billion in the same period. Both numbers point to traders reducing exposure rather than opening new leveraged bets.

This matters because a genuine wave of fresh short selling would usually come with rising Open Interest, not falling. Instead, the current short-heavy ratio looks more like a pullback in overall trading activity following ZEC’s earlier price run.

Technical Structure Still Points to a Possible Wave Five On the daily chart, ZEC is in a pullback after failing to clear resistance at $1,256.68. Analysts using Elliott Wave theory are treating this dip as a potential Wave (4) correction.

A fair value gap sits below the current price, stretching down toward the $1,023.60 support zone. This area is being watched as a line in the sand for the bullish structure to hold.

The MACD indicator remains above its signal line, at 138.95 versus 112.00, with a positive histogram reading of 26.94. That keeps the broader momentum picture constructive despite the recent pullback.

If buyers continue to defend the fair value gap, the setup could open the door to a Wave (5) move higher. That kind of move would increase pressure on the crowded short positions still open on Binance.

As it stands, ZEC was trading near $1,128.58, holding above the $1,100 mark despite the heavy short bias among top traders.
2026-09-09 12:00 16h ago
2026-09-09 05:30 23h ago
Wall Street Loves CVS Health Stock Right Now. Should You?
CVS CVS Health
FMP Stock News
Original source text
CVS Health (CVS -0.69%) dealt with significant headwinds after the COVID-19 pandemic. The company's financial results suffered as sales of coronavirus-related products (such as diagnostic tests) declined, while expenses in its insurance business rose substantially, resulting in lower profits and margins. However, CVS Health has done a good job of addressing those problems, and the stock has rebounded. Shares are up 31% over the past 12 months. Wall Street thinks there may be even more upside on the horizon. CVS Health's average price target is $116.04 (according to Yahoo! Finance), implying a meaningful 20% upside from current levels. Is now a great time to buy the stock?

Image source: The Motley Fool.

Recent financial results paint a bright picture Over the past 18 months (or so), CVS Health has implemented several initiatives that have helped improve its business. For instance, the company closed dozens of stores, many of which were unprofitable. The pharmacy chain specialist also scaled back its insurance division, notably by exiting the Affordable Care Act marketplace. The results have been pretty impressive. Consider the company's second-quarter results. CVS Health's revenue increased by a healthy 7.3% year over year to $106.1 billion.

Adjusted earnings per share were $2.58, 42.5% higher than the year-ago period. Note the improvement in CVS Health's healthcare benefits segment, which offers health insurance services. Operating expenses as a percentage of revenue declined slightly to 12.4%, down from 12.5% in the prior-year quarter, even as revenue grew 3.5% year over year. And operating margins within this unit came in at 5.8%, up from the 2.8% reported in the year-ago period. Also, CVS Health's medical benefits ratio -- the percentage of insurance premiums the company spent on medical care (the lower the better) -- declined to 87.4% in the second quarter, down from 89.9% in Q2 2025.

CVS Health also increased its guidance for the full fiscal year 2026. The company now expects its adjusted EPS to fall between $7.90 and $8.10, up from its previous range of between $7.30 to $7.50. The company is also now projecting cash flow from operations of at least $11.5 billion, up from the previous lower bound of $9.5 billion. These are signs of a much-improved business.

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CVS Health pounces on a new opportunity CVS's disciplined cost control and large, diversified healthcare offerings could power solid revenue and earnings growth over the medium term. It's also worth noting that the company is positioning itself to capitalize on a key growth driver: the rapidly expanding weight-loss market. Insurance coverage for GLP-1 weight loss medicines such as Zepbound, Wegovy, and Foundayo has been lacking. As a result, some patients who want these therapies haven't been able to access them.

CVS Health is making it easier for them to do so. The company offers low-cost consultations with licensed healthcare professionals for GLP-1 prescriptions, along with access to all medicines in this niche that are approved by the U.S. Food and Drug Administration. Further, CVS Health offers coaching (still with professionals) as patients go through their weight-loss journeys, along with over-the-counter products to manage side effects.

These initiatives could meaningfully impact the company's revenue, and it's important to highlight just how massive this opportunity could be. According to some analysts, the weight loss market will reach $150 billion by 2035 -- it was worth just $15 billion in 2024. Over the next few years, more medicines will enter the field, and perhaps insurance coverage will evolve as more data come in on the benefits of these drugs. CVS Health is well-positioned to capitalize on this opportunity through its pharmacy and insurance divisions.

CVS Health's vertically integrated healthcare model, popular brand name, and large ecosystem of patients who rely on it for their prescriptions are important assets that have allowed it to keep costs under control in recent years while positioning it well to profit from the weight-loss market's growth. And these are all qualities that make the stock an attractive long-term bet, even before we mention its attractive dividend program: CVS Health offers a forward yield of 2.8%, versus the S&P 500's average of 1.1%. In short, Wall Street's optimism is well-founded: CVS Health is an attractive stock to buy.
2026-09-09 12:00 16h ago
2026-09-09 07:00 21h ago
ION partners with Coinbase to support Kalshi's event contracts
COIN Coinbase
FMP Stock News
Original source text
, /PRNewswire/ -- ION, a global leader in trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates, announces that Coinbase has selected ION's XTP for Event Contracts to support event contract clearing for Kalshi, the world's largest prediction market.

Event Contracts is ION's latest extension to its flagship XTP solution, offering a fully automated, real-time platform for the creation, resolution, and settlement of event-based contracts. It provides Coinbase with the ability to confidently support execution and processing of event contracts in real-time with minimal impact to existing operational processes while supporting real-time contract design capability, onboarding of tens of thousands of accounts per day, and fully automated 24/7 processing.

ION and Coinbase partnered to support Kalshi's listing of event contracts in December 2025. XTP's modern architecture has enabled the adoption of an accelerated deployment timeframe through three-way collaboration between ION, Coinbase and Kalshi, who worked to expedite analysis, development, and rollout. During the initial rollout, XTP demonstrated its ability to support high-volume activity for Kalshi, including processing its first one million trades over Super Bowl weekend.

XTP for Event Contracts provides Futures Commission Merchants (FCMs) with a unique opportunity to run event contracts alongside existing ETD and cOTC business in a single solution, thanks to native reporting, automated settlement, and multiexchange connectivity. The result is fast onboarding, low operational lift, and seamless scaling as the volume grows. Already relied upon by leading FCMs, XTP now brings the same robustness and real-time processing to the fast-growing prediction market sector. 

Toni Gemayel, Head of Prediction Markets at Coinbase, said: "Partnering with ION provides the operational infrastructure needed to support our expanding event contracts business. XTP's real-time processing capability allows us to manage growing prediction market volumes while maintaining the back-office stability and execution standards."

Max Crowley, Vice President of Business Development at Kalshi, said: "We're excited that XTP can support Kalshi and Coinbase FCM in this offering. Safe and regulated markets require not only strong exchange rules and oversight, but also sound operational risk management and processing such as that provided by XTP."

Samuel Shorthouse, Head of Client Engagement, Cleared Derivatives at ION, said: "We are pleased to partner with Coinbase and Kalshi as they expand access to regulated event‑based markets at a time when this sector is evolving rapidly. Deploying XTP to support these workflows provides a robust and trusted foundation with real‑time capabilities that help clients manage their activity effectively. This collaboration reflects our commitment to supporting the growth of this emerging market in a secure, scalable, and sustainable way."

About ION

ION provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their businesses for sustained success through continuous innovation. For more information, visit https://iongroup.com/.

About Coinbase Inc.

Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom in the world. The most trusted crypto platform, Coinbase stores more digital assets than any other company and is building the everything exchange — one place to access crypto, equities, derivatives, prediction markets, and more. Coinbase serves consumers through its suite of financial apps, institutions through Coinbase Prime, and developers through the Coinbase Developer Platform. Coinbase's full-stack platform was purpose-built to power the future of finance: secure custody, deep exchange liquidity, stablecoin infrastructure, and global settlement rails — all built on a decade-plus foundation of security and compliance.

About Kalshi

Founded in 2018, Kalshi is the world's next-generation financial exchange. Prediction markets provide accurate, real-time information on the likelihood of events, making humanity more informed about the future. As the first regulated exchange for events, Kalshi is credited with legalizing and establishing prediction markets as a financial asset class. It's the leading safe and regulated platform, trusted by millions of people and a growing number of institutions in America. To learn more about Kalshi, visit www.kalshi.com.

All product and company names herein may be trademarks of their registered owners.

SOURCE ION
2026-09-09 11:59 16h ago
2026-09-09 03:53 1d ago
Nucor Corporation $NUE Position Lifted by California State Teachers Retirement System
NUE Nucor
FMP Stock News
Original source text
California State Teachers Retirement System grew its stake in shares of Nucor Corporation (NYSE:NUE – Free Report) by 23,029.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,424,649 shares of the basic materials company’s stock after acquiring an additional 61,159,082 shares during the period. California State Teachers Retirement System owned about 27.07% of Nucor worth $13,682,341,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Transamerica Financial Advisors LLC bought a new position in shares of Nucor during the second quarter worth about $25,000. Manning & Napier Advisors LLC bought a new stake in Nucor in the second quarter valued at about $27,000. Bell Investment Advisors Inc bought a new stake in Nucor in the second quarter valued at about $28,000. Markowski Investments acquired a new stake in Nucor during the second quarter valued at approximately $29,000. Finally, Strive Financial Group LLC acquired a new stake in Nucor during the fourth quarter valued at approximately $27,000. Institutional investors own 76.48% of the company’s stock.

Nucor Stock Performance Shares of NUE stock opened at $256.49 on Wednesday. The company has a quick ratio of 1.36, a current ratio of 2.51 and a debt-to-equity ratio of 0.27. The business has a 50 day moving average of $249.48 and a two-hundred day moving average of $222.65. Nucor Corporation has a 52 week low of $131.32 and a 52 week high of $280.11. The company has a market cap of $58.19 billion, a P/E ratio of 20.45, a PEG ratio of 0.97 and a beta of 1.87.

Nucor (NYSE:NUE – Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The basic materials company reported $4.84 earnings per share for the quarter, topping analysts’ consensus estimates of $4.46 by $0.38. The business had revenue of $10.40 billion for the quarter, compared to analysts’ expectations of $10.15 billion. Nucor had a return on equity of 12.73% and a net margin of 7.99%.The business’s quarterly revenue was up 23.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.60 EPS. As a group, analysts anticipate that Nucor Corporation will post 17.95 EPS for the current year. Insiders Place Their Bets In related news, COO Stephen Laxton sold 3,968 shares of the company’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $256.96, for a total transaction of $1,019,617.28. Following the completion of the transaction, the chief operating officer directly owned 77,867 shares in the company, valued at $20,008,704.32. This represents a 4.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thomas Batterbee sold 4,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $261.02, for a total value of $1,044,080.00. Following the completion of the sale, the executive vice president directly owned 16,138 shares in the company, valued at $4,212,340.76. This represents a 19.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.62% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In NUE has been the subject of a number of research analyst reports. CICC Research assumed coverage on Nucor in a report on Monday, May 25th. They issued an “outperform” rating for the company. Wells Fargo & Company reduced their price objective on Nucor from $297.00 to $285.00 and set an “overweight” rating on the stock in a research note on Monday, August 24th. BMO Capital Markets lifted their price objective on shares of Nucor from $285.00 to $295.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Seaport Research Partners boosted their target price on shares of Nucor from $245.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Finally, Morgan Stanley set a $270.00 target price on shares of Nucor in a report on Wednesday, July 29th. Thirteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $272.38.

Check Out Our Latest Research Report on Nucor

Nucor Profile (Free Report)

Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.

Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.

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2026-09-09 11:59 16h ago
2026-09-09 04:51 1d ago
Hsbc Holdings PLC Acquires 586,611 Shares of Annaly Capital Management Inc $NLY
NLY Annaly Capital Management
FMP Stock News
Original source text
Hsbc Holdings PLC grew its holdings in Annaly Capital Management Inc (NYSE:NLY – Free Report) by 215.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 858,481 shares of the real estate investment trust’s stock after buying an additional 586,611 shares during the period. Hsbc Holdings PLC owned 0.11% of Annaly Capital Management worth $19,288,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in NLY. HUB Investment Partners LLC raised its stake in Annaly Capital Management by 3.3% in the 2nd quarter. HUB Investment Partners LLC now owns 14,668 shares of the real estate investment trust’s stock valued at $328,000 after acquiring an additional 462 shares during the period. Quadcap Wealth Management LLC increased its holdings in shares of Annaly Capital Management by 2.3% in the first quarter. Quadcap Wealth Management LLC now owns 21,889 shares of the real estate investment trust’s stock valued at $463,000 after purchasing an additional 495 shares during the last quarter. Fourth Dimension Wealth LLC increased its holdings in shares of Annaly Capital Management by 76.9% in the fourth quarter. Fourth Dimension Wealth LLC now owns 1,150 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 500 shares during the last quarter. GWN Securities Inc. raised its position in shares of Annaly Capital Management by 5.0% in the fourth quarter. GWN Securities Inc. now owns 10,811 shares of the real estate investment trust’s stock valued at $242,000 after purchasing an additional 514 shares during the period. Finally, Quadrant Capital Group LLC raised its position in shares of Annaly Capital Management by 1.4% in the third quarter. Quadrant Capital Group LLC now owns 39,282 shares of the real estate investment trust’s stock valued at $794,000 after purchasing an additional 524 shares during the period. 51.56% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In Several brokerages recently commented on NLY. BTIG Research set a $24.00 target price on shares of Annaly Capital Management in a report on Wednesday, June 17th. Zacks Research downgraded shares of Annaly Capital Management from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 31st. Piper Sandler boosted their price objective on Annaly Capital Management from $24.50 to $25.00 and gave the stock an “overweight” rating in a report on Thursday, July 2nd. Wells Fargo & Company decreased their target price on Annaly Capital Management from $25.00 to $24.00 and set an “overweight” rating on the stock in a research report on Thursday, July 23rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $25.00 target price on shares of Annaly Capital Management in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $24.33.

View Our Latest Stock Report on NLY Annaly Capital Management Stock Performance Shares of Annaly Capital Management stock opened at $22.75 on Wednesday. The firm has a 50-day moving average of $22.90 and a 200-day moving average of $22.38. Annaly Capital Management Inc has a 52-week low of $20.00 and a 52-week high of $24.52. The stock has a market cap of $17.15 billion, a PE ratio of 5.70, a PEG ratio of 1.79 and a beta of 1.16.

Annaly Capital Management (NYSE:NLY – Get Free Report) last released its quarterly earnings results on Tuesday, July 21st. The real estate investment trust reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.04. Annaly Capital Management had a net margin of 43.66% and a return on equity of 16.00%. The business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $639.80 million. Equities research analysts predict that Annaly Capital Management Inc will post 3.09 earnings per share for the current fiscal year.

(Free Report)

Annaly Capital Management, Inc is a publicly traded real estate investment trust (REIT) that specializes in generating income through investment in mortgage-related assets. The company’s core business activities include the acquisition, financing, and management of a diversified portfolio of agency and non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), and other real estate debt instruments. Annaly seeks to profit from the spread between the interest earned on its mortgage investments and its cost of funds, as well as from capital gains realized through active portfolio management.

Founded in 1997 and headquartered in New York City, Annaly has grown to become one of the largest mortgage REITs in the United States.

Featured Articles Five stocks we like better than Annaly Capital Management Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding NLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Annaly Capital Management Inc (NYSE:NLY – Free Report).

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2026-09-09 11:59 16h ago
2026-09-09 06:01 22h ago
Sysco Reaffirming Fiscal 2027 Guidance; Introducing $500 Million Multi-Year AI Powered Efficiency Program; Raising Mid-Term Financial Algorithm Targets
SYY Sysco
FMP Stock News
Original source text
 | Source: Sysco Corporation

HOUSTON, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) (“Sysco” or the “Company”) is reaffirming its fiscal 2027 financial guidance (originally issued on August 4, 2026) ahead of the Company’s webcast presentation from the Barclays 19th Annual Global Consumer Staples Conference in Boston scheduled for today, Wednesday, September 9, at 12:00 p.m. ET. The live conference webcast can be accessed at investors.sysco.com.

Re-affirming fiscal 2027 guidance including 9% to 11% adjusted EPS growth (on a 53 week basis)Introducing target of at least $500 million for AI powered efficiency to be realized by fiscal year 2029Raising mid-term guidance range for net sales growth of 4%-7% and adjusted EPS growth of 9%-11% in fiscal 2028 and fiscal 2029
In conjunction with this reaffirmation of guidance, Sysco also introduced a $500 million multi-year AI powered efficiency improvement program. The AI program will help remove structural cost from the business across the next three fiscal years. The program includes and builds upon the AI and technology enabled efficiency work the Company outlined on its fourth quarter earnings call, which identified $100 million of expected in-year savings included within fiscal 2027 guidance targets. These expected savings, in addition to the Company’s core business performance, will build over time and are expected to deliver meaningful adjusted EPS growth across the three year time horizon. All in, these actions provide confidence in raising the Company’s mid-term growth algorithm which now includes net sales growth of approximately 4%-7% (previously 4%-6%) and adjusted EPS growth of 9%-11% (previously 6%-8%).

“We finished fiscal 2026 with momentum, and that momentum has carried into the new year,” said Kevin Hourican, Sysco’s Chair of the Board and Chief Executive Officer. “The $500 million of AI powered efficiency improvement will deploy over the next three years. These savings reflect a durable change in how we execute our day-to-day business across truck routing, merchandising, and sales. As the leader in the industry, we are incredibly excited about raising the long-term growth algorithm across sales and adjusted EPS growth. Our technology transformation initiatives and recent Board appointments help to unlock the power of our industry-leading sales force to further strengthen the service levels our customers receive, accelerate the Company’s earnings profile for our shareholders, and position Sysco to delever quickly following the expected closure of the Jetro Restaurant Depot transaction by the third quarter of fiscal 2027.”

Reaffirms Fiscal 2027 Guidance & Raises Mid-Term Financial Targets

Sysco is reaffirming the following expectations for the fiscal year 2027, all of which reflect core Sysco on a standalone basis and include the benefit of the 53rd week:

Net sales growth of approximately 6% to 7%, to approximately $90 billion;Adjusted earnings per share of approximately $5.02 to $5.12, representing growth of approximately 9% to 11%; andExcluding the 53rd week, the midpoint of the Company’s adjusted EPS guidance sits at the high end of its long-term growth algorithm.
Sysco is also raising mid-term financial targets for fiscal year 2028 and 2029, all of which reflect core Sysco on a standalone basis:

Annualized net sales growth of approximately 4% to 7% (previously 4% to 6%)Annualized adjusted earnings per share growth of approximately 9% to 11% (previously 6% to 8%) Multi-Year AI Technology Transformation, Enabling Efficiency Improvement

Sysco is targeting at least $500 million of AI powered efficiency savings to be realized by fiscal 2029. For fiscal 2027, we remain on-target for the $100 million of in-year net cost savings previously introduced. Going forward, our overarching cost out efforts position Sysco to accelerate our savings on a multi-year basis. Additionally, the entire organization is aligned on these efforts as achievement of structural cost-out targets has been added to the Company’s long-term equity performance program.

The program is anchored in the following workstreams:

Supply chain productivity: routing software modernization, warehouse selector efficiency, and reduction in miles driven;Automation across merchandising and procurement, including strategic sourcing;Indirect spend management; andCustomer experience and back-office simplification About Sysco

Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodging establishments, entertainment venues, and more. Sysco operates 333 distribution centers, in 10 countries, with 75,000 colleagues serving approximately 670,000 customer locations. The Company generated sales of more than $84 billion in fiscal year 2026 that ended June 27, 2026.

As the world’s largest food-away-from-home distributor, Sysco offers customized supply chain solutions, bespoke specialty product offerings, and culinary support to drive customers to innovate and optimize their operations. We act as a trusted business partner to our customers, helping them grow through our industry-leading portfolio that includes fresh produce, premium proteins, specialty products, sustainably focused items, equipment and supplies, and innovative culinary solutions. For more information, visit www.sysco.com. For important news and key information for Sysco investors, visit the Investor Relations section of the company’s website at investors.sysco.com.

SYY-INVESTORS

Forward-Looking Statements

Statements made in this press release include statements that are forward-looking or that express management’s beliefs, expectations or hopes and are forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements include, among other things, statements about our future financial performance and results, business strategy, plans, goals and objectives, and other statements that are not historical facts, including expectations regarding our future growth, including growth in sales and earnings per share, expectations regarding cost savings associated with AI, as well as statements about the expected timing and completion of the proposed transaction with Jetro Restaurant Depot and the anticipated benefits of such proposed transaction.

Such forward-looking statements reflect the views of management at the time such statements are made and are subject to a number of risks, uncertainties, estimates, and assumptions, including those outside of Sysco’s control. Risks and uncertainties include without limitation: the impact of geopolitical, economic and market conditions and developments, including changes in global trade policies and tariffs and foreign conflicts; risks related to our business initiatives; periods of significant or prolonged inflation or deflation and their impact on our product costs, volume, foot traffic, and profitability generally; risks related to our efforts to implement our transformation initiatives and meet our other long-term strategic objectives; risks of interruption of supplies and increase in product costs; risks related to changes in consumer eating habits; and impact of natural disasters or adverse weather conditions, public health crises, adverse publicity or lack of confidence in our products, and product liability claims as well as risks and uncertainties associated with our proposed transaction with Jetro Restaurant Depot, including but not limited to, the occurrence of any event, change or other circumstances that could give rise to the right of either or both parties to terminate the merger agreement; the risk that regulatory approvals may not be obtained or other closing conditions may not be satisfied in a timely manner or at all, as well as the risk that regulatory approvals are obtained subject to conditions that are not anticipated; the risk of other delays in closing the transaction; the possibility that any of the anticipated benefits and projected synergies of the transaction will not be realized or will not be realized within the expected time period; and the risk that the proposed transaction and its announcement could have an adverse effect on the market price of the common stock of Sysco. Should one or more of these risks or uncertainties materialize, or underlying assumptions prove incorrect, actual results may vary materially from those indicated in our forward-looking statements. Therefore, you should not place undue reliance on any of the forward-looking statements contained herein. For more information on these risks and other concerning factors that could cause actual results to differ from those expressed or forecasted, see our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the SEC. We do not undertake to update our forward-looking statements, except as required by applicable law.

For more information contact: Kevin KimCassandra MauelInvestor ContactMedia [email protected]@sysco.comT 281-584-1219T 281-584-1390
2026-09-09 11:58 16h ago
2026-09-09 04:03 1d ago
California State Teachers Retirement System Buys 76,371,782 Shares of State Street Corporation $STT
STT State Street Corporation
FMP Stock News
Original source text
California State Teachers Retirement System increased its stake in shares of State Street Corporation (NYSE:STT – Free Report) by 16,194.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 76,843,386 shares of the asset manager’s stock after acquiring an additional 76,371,782 shares during the period. California State Teachers Retirement System owned about 27.97% of State Street worth $13,032,638,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Wedmont Private Capital increased its holdings in State Street by 4.0% during the 2nd quarter. Wedmont Private Capital now owns 6,906 shares of the asset manager’s stock worth $1,245,000 after purchasing an additional 264 shares in the last quarter. HB Wealth Management LLC boosted its position in shares of State Street by 4.1% during the second quarter. HB Wealth Management LLC now owns 13,737 shares of the asset manager’s stock worth $2,330,000 after buying an additional 540 shares during the period. Saudi Central Bank boosted its position in shares of State Street by 89.2% during the second quarter. Saudi Central Bank now owns 19,511 shares of the asset manager’s stock worth $3,309,000 after buying an additional 9,201 shares during the period. Angeles Wealth Management LLC grew its holdings in shares of State Street by 6.7% during the second quarter. Angeles Wealth Management LLC now owns 2,496 shares of the asset manager’s stock worth $423,000 after buying an additional 156 shares in the last quarter. Finally, Compass Financial Management LLC bought a new position in shares of State Street during the second quarter worth about $1,424,000. 87.44% of the stock is owned by institutional investors.

State Street Trading Down 1.2% Shares of State Street stock opened at $191.97 on Wednesday. State Street Corporation has a 12-month low of $104.64 and a 12-month high of $195.93. The stock has a market cap of $52.73 billion, a P/E ratio of 16.93, a P/E/G ratio of 0.92 and a beta of 1.41. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.04. The business’s 50 day moving average is $185.45 and its 200-day moving average is $159.20.

State Street (NYSE:STT – Get Free Report) last released its earnings results on Thursday, July 16th. The asset manager reported $3.65 earnings per share for the quarter, beating the consensus estimate of $3.34 by $0.31. The business had revenue of $4.05 billion during the quarter, compared to analysts’ expectations of $3.88 billion. State Street had a net margin of 15.02% and a return on equity of 15.26%. The firm’s revenue was up 23.3% on a year-over-year basis. During the same period last year, the business earned $2.04 earnings per share. Equities research analysts predict that State Street Corporation will post 13.75 earnings per share for the current fiscal year. State Street Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 13th. Stockholders of record on Thursday, October 1st will be given a $0.92 dividend. This is a boost from State Street’s previous quarterly dividend of $0.84. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.9%. State Street’s payout ratio is 32.45%.

Insider Activity In related news, EVP W. Hu sold 9,758 shares of State Street stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $184.52, for a total transaction of $1,800,546.16. Following the completion of the transaction, the executive vice president owned 49,794 shares in the company, valued at approximately $9,187,988.88. This trade represents a 16.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Hanley Ronald P. O sold 14,553 shares of the business’s stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $184.17, for a total value of $2,680,226.01. Following the transaction, the chief executive officer directly owned 240,959 shares in the company, valued at approximately $44,377,419.03. This trade represents a 5.70% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.27% of the stock is owned by insiders.

Analyst Upgrades and Downgrades STT has been the topic of several research reports. Evercore set a $200.00 target price on State Street in a research note on Monday, July 20th. Zacks Research raised shares of State Street from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 21st. Weiss Ratings reiterated a “buy (b+)” rating on shares of State Street in a report on Tuesday, August 25th. JPMorgan Chase & Co. boosted their price objective on shares of State Street from $176.50 to $187.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. Finally, Citigroup increased their target price on shares of State Street from $193.00 to $210.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, State Street has a consensus rating of “Moderate Buy” and a consensus price target of $185.38.

View Our Latest Report on STT

About State Street (Free Report)

State Street Corporation is a global financial services company that provides a range of investment servicing, investment management and investment research and trading services to institutional investors. Its principal activities include custody and fund administration, securities lending, performance and risk analytics, trading and execution services, and foreign exchange. The company also offers investment management through State Street Global Advisors, a major provider of exchange-traded funds and institutional investment strategies.

State Street serves a broad client base of asset managers, insurance companies, pension funds, endowments, and other institutions across North America, Europe, Asia and other global markets.

See Also Five stocks we like better than State Street Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding STT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for State Street Corporation (NYSE:STT – Free Report).

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2026-09-09 11:58 16h ago
2026-09-09 03:53 1d ago
HB Wealth Management LLC Buys 1,770 Shares of Aon plc $AON
AON Aon
FMP Stock News
Original source text
HB Wealth Management LLC boosted its position in shares of Aon plc (NYSE:AON – Free Report) by 23.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,279 shares of the financial services provider’s stock after acquiring an additional 1,770 shares during the period. HB Wealth Management LLC’s holdings in AON were worth $3,078,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Capital World Investors increased its stake in shares of AON by 1.5% in the fourth quarter. Capital World Investors now owns 12,252,904 shares of the financial services provider’s stock worth $4,323,850,000 after purchasing an additional 176,207 shares in the last quarter. State Street Corp lifted its stake in shares of AON by 1.2% during the 3rd quarter. State Street Corp now owns 9,229,464 shares of the financial services provider’s stock valued at $3,291,048,000 after buying an additional 105,154 shares in the last quarter. Dodge & Cox boosted its holdings in AON by 126.6% in the 4th quarter. Dodge & Cox now owns 7,852,456 shares of the financial services provider’s stock worth $2,770,975,000 after buying an additional 4,387,773 shares during the period. Geode Capital Management LLC increased its stake in AON by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 5,141,363 shares of the financial services provider’s stock worth $1,810,726,000 after buying an additional 28,066 shares in the last quarter. Finally, Norges Bank bought a new stake in AON during the fourth quarter valued at about $1,155,981,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

AON Stock Down 2.2% AON opened at $316.08 on Wednesday. The company has a market capitalization of $67.05 billion, a PE ratio of 17.42, a price-to-earnings-growth ratio of 1.63 and a beta of 0.66. The firm has a 50-day simple moving average of $353.17 and a two-hundred day simple moving average of $334.17. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 1.34. Aon plc has a 52 week low of $304.59 and a 52 week high of $382.34.

AON (NYSE:AON – Get Free Report) last issued its earnings results on Wednesday, July 29th. The financial services provider reported $3.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.80 by $0.01. AON had a return on equity of 42.13% and a net margin of 22.27%.The firm had revenue of $4.25 billion for the quarter, compared to analysts’ expectations of $4.28 billion. During the same period in the previous year, the firm posted $3.49 earnings per share. The business’s revenue was up 2.2% compared to the same quarter last year. Analysts forecast that Aon plc will post 18.99 earnings per share for the current fiscal year. AON Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were paid a $0.82 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $3.28 dividend on an annualized basis and a yield of 1.0%. AON’s payout ratio is presently 18.08%.

Insider Activity at AON In other news, Director Lester Knight bought 20,000 shares of the stock in a transaction dated Wednesday, September 2nd. The stock was purchased at an average cost of $327.48 per share, for a total transaction of $6,549,600.00. Following the transaction, the director owned 163,000 shares of the company’s stock, valued at $53,379,240. The trade was a 13.99% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Darren Zeidel sold 1,900 shares of the firm’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $377.76, for a total transaction of $717,744.00. Following the completion of the transaction, the general counsel directly owned 11,504 shares of the company’s stock, valued at approximately $4,345,751.04. This trade represents a 14.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 4,450 shares of company stock worth $1,659,242 over the last ninety days. Insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth AON has been the topic of several research analyst reports. Wells Fargo & Company lowered their price objective on AON from $419.00 to $383.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 1st. Keefe, Bruyette & Woods lifted their target price on AON from $412.00 to $417.00 and gave the company an “outperform” rating in a research note on Tuesday, September 1st. Roth Capital set a $380.00 price target on AON in a report on Tuesday, September 1st. UBS Group restated a “neutral” rating on shares of AON in a research note on Monday, August 31st. Finally, TD Cowen reaffirmed a “buy” rating on shares of AON in a report on Tuesday, September 1st. Twelve research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $399.12.

Get Our Latest Research Report on AON

About AON (Free Report)

Aon plc is a global professional services firm that helps organizations manage risk, support workforce strategies and make informed decisions. Its principal activities include commercial risk brokerage, insurance and reinsurance consulting, retirement and investment advisory services, health and benefits consulting, and data- and analytics-based business solutions.

Aon serves businesses, governments, institutional investors and individuals across a broad range of industries and geographies.

Featured Stories Five stocks we like better than AON Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding AON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aon plc (NYSE:AON – Free Report).

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2026-09-09 11:57 16h ago
2026-09-09 06:00 22h ago
Goldman Sachs Warns $120 Oil Is Back on the Table. Time to Buy Plug Power Stock?
PLUG Plug Power
FMP Stock News
Original source text
The past year has been a wild ride for oil prices.

Oil prices last September hovered around $60 per barrel. They would remain at roughly that level for the next six months.

This March, however, prices began to climb sharply amid rising geopolitical tensions. In April, prices surged well above $100 per barrel, only to fall back toward $60 in July.

Today, oil prices are back above $90 per barrel. And according to a new report from Goldman Sachs, $120-per-barrel oil could be just around the corner.

If oil prices climb that high, investors would be wise to search for promising oil stocks. There is, however, another way to bet on rising oil prices: buy hydrogen fuel stocks.

Hydrogen fuel is a potential substitute for fossil fuels in a wide variety of applications, particularly in hard-to-decarbonize sectors like aviation, steelmaking, chemicals production, and cement making. When fossil fuel prices rise, switching to an alternative fuel source like hydrogen can become more attractive.

One of the more popular hydrogen fuel companies right now is Plug Power (PLUG +4.15%). Plug Power is already experiencing impressive revenue growth. Higher oil prices could provide even more sales growth momentum.

But before you jump in, there are two things investors must understand.

Premium Feature

Moneyball Superscore

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Today's Change

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4.15

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0.09

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2.26

1. Goldman Sachs hasn't been the best oil price prognosticatorSwings in oil prices today are largely a matter of geopolitical tensions. The active war between the U.S. and Iran started on Feb. 28. This is the primary reason oil prices began to move higher in March.

At the time, Goldman Sachs was guiding for higher oil prices. The bank expected "21 days of low Strait of Hormuz oil flows at 10% of normal levels, followed by 30 days of gradual recovery." Goldman predicted $98 per barrel oil in early 2026, with prices falling to $71 per barrel by the end of the year.

Now, Goldman is reversing its previous end-of-year price prediction.

"In a span of just three months, Goldman Sachs analysts have gone from lowering their oil-price forecasts to hiking them," observes a report from MarketWatch. "The reduction came after the memorandum of understanding between the U.S. and Iran, but now, with no sign of a let-up in Strait of Hormuz hostilities, commodities research head Daan Struyven is obliged to reverse direction and lift his price assumptions."

While informed, investors should remember that predictions from Goldman Sachs -- or any other bank for that matter -- should not be taken as guaranteed.

Image source: Getty Images

2. Switching to hydrogen fuel isn't straightforwardPlug Power is expected to grow revenue by 15% this year, with another 18% growth expected in 2027. Higher sales are the result of the sale of more hydrogen fuel systems, as well as higher hydrogen fuel itself to a larger installed base of users.

Higher oil prices should help hydrogen become a more economic fuel source. But here's the problem: pricing for other alternative fuel sources like wind and solar continue to drop as well. So while potential customers will be more likely to pursue alternative fuel sources during a higher-for-longer oil pricing environment, hydrogen is far from their only option.

Additionally, the production of hydrogen fuel often involves the use of fossil fuels. According to a recent industry report, more than 90% of hydrogen projects in the U.S. rely on fossil fuels for hydrogen production. In short, higher oil prices cuts both ways. The end result for Plug Power stock is far from straightforward.
2026-09-09 11:57 16h ago
2026-09-09 07:00 21h ago
Schrödinger Announces Licensing and Collaboration Agreement with Tectora Therapeutics, a New Biotechnology Company It Co-founded to Advance Immunology and Inflammation Programs
SDGR Schrodinger
FMP Stock News
Original source text
NEW YORK--(BUSINESS WIRE)---- $SDGR #AI--Schrödinger announced the formation of Tectora, a biotech it co-founded with NEA and RA Capital, focused on immunology and inflammation therapies.
2026-09-09 11:55 16h ago
2026-09-09 03:53 1d ago
HB Wealth Management LLC Increases Stock Holdings in Cloudflare, Inc. $NET
NETUSA CloudFlare
FMP Stock News
Original source text
HB Wealth Management LLC increased its stake in shares of Cloudflare, Inc. (NYSE:NET – Free Report) by 40.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,240 shares of the company’s stock after buying an additional 2,657 shares during the quarter. HB Wealth Management LLC’s holdings in Cloudflare were worth $2,266,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Geode Capital Management LLC boosted its holdings in Cloudflare by 4.2% during the 4th quarter. Geode Capital Management LLC now owns 6,018,175 shares of the company’s stock worth $1,184,044,000 after acquiring an additional 241,981 shares during the last quarter. Jennison Associates LLC raised its holdings in shares of Cloudflare by 135.8% in the first quarter. Jennison Associates LLC now owns 4,394,484 shares of the company’s stock valued at $906,758,000 after purchasing an additional 2,530,872 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of Cloudflare by 1.6% in the fourth quarter. First Trust Advisors LP now owns 4,019,157 shares of the company’s stock valued at $792,377,000 after purchasing an additional 63,198 shares during the last quarter. Invesco Ltd. lifted its position in shares of Cloudflare by 1.3% during the third quarter. Invesco Ltd. now owns 3,964,733 shares of the company’s stock valued at $850,792,000 after purchasing an additional 49,485 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Cloudflare during the fourth quarter valued at about $718,316,000. 82.68% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Cloudflare In related news, CAO Janel Riley sold 3,481 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $305.26, for a total value of $1,062,610.06. Following the transaction, the chief accounting officer owned 41,547 shares in the company, valued at approximately $12,682,637.22. This represents a 7.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Graham-Cumming sold 2,520 shares of the stock in a transaction on Monday, August 10th. The shares were sold at an average price of $303.97, for a total value of $766,004.40. Following the transaction, the director directly owned 494,909 shares of the company’s stock, valued at approximately $150,437,488.73. This trade represents a 0.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 706,244 shares of company stock worth $186,761,866 over the last 90 days. Corporate insiders own 10.66% of the company’s stock.

Cloudflare Price Performance NET opened at $284.53 on Wednesday. Cloudflare, Inc. has a fifty-two week low of $158.83 and a fifty-two week high of $332.22. The firm has a 50-day moving average of $281.89 and a 200 day moving average of $236.66. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.82 and a current ratio of 1.82. The firm has a market cap of $100.57 billion, a P/E ratio of -490.57, a PEG ratio of 228.00 and a beta of 1.66. Cloudflare (NYSE:NET – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.27 by $0.02. The business had revenue of $696.06 million for the quarter, compared to analyst estimates of $664.66 million. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The company’s revenue for the quarter was up 35.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.21 earnings per share. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. On average, research analysts expect that Cloudflare, Inc. will post 0.03 EPS for the current year.

Wall Street Analysts Forecast Growth A number of equities research analysts have issued reports on the stock. Citizens Jmp reaffirmed a “market outperform” rating and issued a $394.00 price objective on shares of Cloudflare in a research report on Monday, August 31st. Citigroup reissued a “market outperform” rating on shares of Cloudflare in a research report on Monday, August 31st. Wall Street Zen downgraded Cloudflare from a “buy” rating to a “hold” rating in a research note on Sunday. Deutsche Bank Aktiengesellschaft upgraded Cloudflare to a “buy” rating in a research note on Tuesday, July 7th. Finally, Royal Bank Of Canada upped their target price on Cloudflare from $290.00 to $346.00 and gave the company an “outperform” rating in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Cloudflare has a consensus rating of “Moderate Buy” and a consensus target price of $320.19.

Check Out Our Latest Stock Report on Cloudflare

Cloudflare Profile (Free Report)

Cloudflare, Inc is a technology company that provides cloud-based connectivity, security and performance services for websites, applications, networks and other internet-connected resources. Its platform is designed to help organizations deliver digital content more quickly, protect against cyber threats and manage internet traffic across a global network.

The company’s offerings include content delivery and domain name system services, distributed denial-of-service protection, web application and application programming interface security, bot management, and network security tools.

Further Reading Five stocks we like better than Cloudflare Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding NET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cloudflare, Inc. (NYSE:NET – Free Report).

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2026-09-09 11:54 16h ago
2026-09-09 04:25 1d ago
HB Wealth Management LLC Boosts Stock Holdings in Devon Energy Corporation $DVN
DVN Devon Energy
FMP Stock News
Original source text
HB Wealth Management LLC raised its stake in Devon Energy Corporation (NYSE:DVN – Free Report) by 70.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 50,855 shares of the energy company’s stock after purchasing an additional 20,958 shares during the quarter. HB Wealth Management LLC’s holdings in Devon Energy were worth $2,101,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in DVN. BlackRock Inc. raised its position in shares of Devon Energy by 57.6% in the 2nd quarter. BlackRock Inc. now owns 95,378,854 shares of the energy company’s stock worth $3,941,054,000 after buying an additional 34,871,366 shares during the period. Wellington Management Group LLP boosted its holdings in Devon Energy by 418.3% in the second quarter. Wellington Management Group LLP now owns 51,522,376 shares of the energy company’s stock valued at $2,128,905,000 after acquiring an additional 41,581,435 shares during the last quarter. State Street Corp grew its position in Devon Energy by 0.6% during the fourth quarter. State Street Corp now owns 35,542,293 shares of the energy company’s stock valued at $1,301,914,000 after acquiring an additional 212,074 shares during the period. Geode Capital Management LLC grew its position in Devon Energy by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 19,177,835 shares of the energy company’s stock valued at $700,238,000 after acquiring an additional 186,743 shares during the period. Finally, Victory Capital Management Inc. increased its stake in Devon Energy by 17.5% during the fourth quarter. Victory Capital Management Inc. now owns 13,916,979 shares of the energy company’s stock worth $509,779,000 after acquiring an additional 2,071,021 shares during the last quarter. 69.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth A number of equities analysts have recently commented on DVN shares. Wells Fargo & Company cut their price objective on Devon Energy from $68.00 to $65.00 and set an “overweight” rating on the stock in a report on Thursday, August 13th. Argus reiterated a “buy” rating and set a $45.85 target price on shares of Devon Energy in a report on Monday, August 17th. Zacks Research downgraded shares of Devon Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. The Goldman Sachs Group dropped their target price on shares of Devon Energy from $54.00 to $53.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Finally, JPMorgan Chase & Co. cut their price target on shares of Devon Energy from $62.00 to $55.00 and set an “overweight” rating on the stock in a report on Wednesday, July 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $59.23.

Get Our Latest Stock Analysis on Devon Energy Devon Energy Trading Up 0.8% NYSE:DVN opened at $48.44 on Wednesday. The business’s 50-day moving average is $45.05 and its two-hundred day moving average is $45.85. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.72 and a quick ratio of 0.67. Devon Energy Corporation has a 12 month low of $31.47 and a 12 month high of $52.71. The firm has a market capitalization of $53.29 billion, a PE ratio of 11.51, a price-to-earnings-growth ratio of 1.31 and a beta of 0.37.

Devon Energy (NYSE:DVN – Get Free Report) last issued its earnings results on Tuesday, August 4th. The energy company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.17. Devon Energy had a return on equity of 14.93% and a net margin of 16.67%.The company had revenue of $7.42 billion during the quarter, compared to the consensus estimate of $6.01 billion. During the same quarter in the prior year, the business earned $0.84 earnings per share. The company’s revenue was up 73.1% compared to the same quarter last year. Research analysts predict that Devon Energy Corporation will post 5.24 earnings per share for the current fiscal year.

Devon Energy Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Tuesday, September 15th. Devon Energy’s dividend payout ratio is currently 30.40%.

Devon Energy Profile (Free Report)

Devon Energy Corporation (NYSE: DVN) is an independent oil and gas exploration and production company headquartered in Oklahoma City, Oklahoma. The company focuses on the exploration, development, production and marketing of hydrocarbons, including crude oil, natural gas liquids (NGLs) and natural gas. Devon operates as an upstream energy company that acquires, evaluates and develops onshore resource plays using a combination of drilling, completion and production optimization techniques.

Core business activities include identifying and developing energy reserves, operating well programs and managing reservoir performance to generate production and cash flow.

Further Reading Five stocks we like better than Devon Energy Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding DVN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Devon Energy Corporation (NYSE:DVN – Free Report).

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2026-09-09 11:54 16h ago
2026-09-09 04:25 1d ago
Concurrent Investment Advisors LLC Has $2.58 Million Stake in Devon Energy Corporation $DVN
DVN Devon Energy
FMP Stock News
Original source text
Concurrent Investment Advisors LLC lowered its holdings in Devon Energy Corporation (NYSE:DVN – Free Report) by 46.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,339 shares of the energy company’s stock after selling 54,389 shares during the period. Concurrent Investment Advisors LLC’s holdings in Devon Energy were worth $2,576,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in shares of Devon Energy by 57.6% during the 2nd quarter. BlackRock Inc. now owns 95,378,854 shares of the energy company’s stock worth $3,941,054,000 after buying an additional 34,871,366 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Devon Energy by 418.3% in the second quarter. Wellington Management Group LLP now owns 51,522,376 shares of the energy company’s stock valued at $2,128,905,000 after acquiring an additional 41,581,435 shares during the last quarter. State Street Corp increased its position in shares of Devon Energy by 0.6% in the fourth quarter. State Street Corp now owns 35,542,293 shares of the energy company’s stock valued at $1,301,914,000 after acquiring an additional 212,074 shares during the last quarter. Geode Capital Management LLC raised its holdings in Devon Energy by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 19,177,835 shares of the energy company’s stock worth $700,238,000 after acquiring an additional 186,743 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in Devon Energy by 17.5% during the fourth quarter. Victory Capital Management Inc. now owns 13,916,979 shares of the energy company’s stock valued at $509,779,000 after purchasing an additional 2,071,021 shares during the last quarter. 69.72% of the stock is currently owned by institutional investors and hedge funds.

Devon Energy Price Performance Shares of NYSE DVN opened at $48.44 on Wednesday. The company has a quick ratio of 0.67, a current ratio of 0.72 and a debt-to-equity ratio of 0.24. The business’s 50 day moving average price is $45.05 and its two-hundred day moving average price is $45.85. The company has a market cap of $53.29 billion, a PE ratio of 11.51, a price-to-earnings-growth ratio of 1.31 and a beta of 0.37. Devon Energy Corporation has a twelve month low of $31.47 and a twelve month high of $52.71.

Devon Energy (NYSE:DVN – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The energy company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.17. Devon Energy had a return on equity of 14.93% and a net margin of 16.67%.The company had revenue of $7.42 billion during the quarter, compared to analysts’ expectations of $6.01 billion. During the same period last year, the firm posted $0.84 earnings per share. The business’s revenue was up 73.1% on a year-over-year basis. On average, analysts predict that Devon Energy Corporation will post 5.24 EPS for the current year. Devon Energy Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.32 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.28 annualized dividend and a yield of 2.6%. Devon Energy’s dividend payout ratio (DPR) is currently 30.40%.

Analysts Set New Price Targets A number of research analysts have weighed in on DVN shares. Susquehanna raised their price target on Devon Energy from $57.00 to $63.00 and gave the company a “positive” rating in a research note on Tuesday, July 21st. Jefferies Financial Group upped their price objective on Devon Energy from $62.00 to $63.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Zacks Research downgraded Devon Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 27th. Wall Street Zen cut shares of Devon Energy from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, UBS Group lowered their target price on shares of Devon Energy from $58.00 to $54.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $59.23.

Check Out Our Latest Stock Report on Devon Energy

Devon Energy Company Profile (Free Report)

Devon Energy Corporation (NYSE: DVN) is an independent oil and gas exploration and production company headquartered in Oklahoma City, Oklahoma. The company focuses on the exploration, development, production and marketing of hydrocarbons, including crude oil, natural gas liquids (NGLs) and natural gas. Devon operates as an upstream energy company that acquires, evaluates and develops onshore resource plays using a combination of drilling, completion and production optimization techniques.

Core business activities include identifying and developing energy reserves, operating well programs and managing reservoir performance to generate production and cash flow.

Featured Articles Five stocks we like better than Devon Energy Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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2026-09-09 11:54 16h ago
2026-09-09 03:56 1d ago
Allworth Financial LP Has $8.76 Million Stock Holdings in Ecolab Inc. $ECL
ECL Ecolab
FMP Stock News
Original source text
Allworth Financial LP decreased its position in Ecolab Inc. (NYSE:ECL – Free Report) by 9.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 31,444 shares of the basic materials company’s stock after selling 3,187 shares during the quarter. Allworth Financial LP’s holdings in Ecolab were worth $8,761,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in ECL. Erste Asset Management GmbH grew its holdings in shares of Ecolab by 2.2% during the fourth quarter. Erste Asset Management GmbH now owns 163,731 shares of the basic materials company’s stock worth $43,464,000 after purchasing an additional 3,500 shares during the last quarter. Findlay Park Partners LLP bought a new stake in Ecolab during the 2nd quarter worth about $115,674,000. Cornerstone Advisors LLC acquired a new stake in Ecolab in the 2nd quarter valued at about $16,698,000. North Dakota State Investment Board bought a new position in shares of Ecolab in the fourth quarter worth about $2,245,000. Finally, Norges Bank acquired a new position in shares of Ecolab during the fourth quarter worth approximately $880,506,000. Institutional investors and hedge funds own 74.91% of the company’s stock.

Analysts Set New Price Targets A number of brokerages recently weighed in on ECL. BMO Capital Markets raised their price target on shares of Ecolab from $345.00 to $360.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Citigroup upped their price objective on Ecolab from $325.00 to $330.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. UBS Group reiterated a “buy” rating and issued a $342.00 price objective on shares of Ecolab in a research report on Wednesday, July 29th. Weiss Ratings raised Ecolab from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, August 31st. Finally, JPMorgan Chase & Co. boosted their target price on Ecolab from $295.00 to $305.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $327.56.

View Our Latest Report on ECL Insider Transactions at Ecolab In related news, EVP Benjamin Clark bought 1,000 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was bought at an average cost of $263.83 per share, for a total transaction of $263,830.00. Following the transaction, the executive vice president owned 1,083 shares of the company’s stock, valued at $285,727.89. This represents a 1,204.82% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Christophe Beck sold 17,862 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $280.14, for a total value of $5,003,860.68. Following the completion of the sale, the chief executive officer directly owned 72,932 shares of the company’s stock, valued at approximately $20,431,170.48. This trade represents a 19.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.50% of the stock is currently owned by company insiders.

Ecolab Trading Down 0.3% ECL opened at $278.45 on Wednesday. The firm has a 50 day simple moving average of $278.85 and a 200 day simple moving average of $272.66. Ecolab Inc. has a fifty-two week low of $243.15 and a fifty-two week high of $309.27. The company has a market cap of $78.06 billion, a price-to-earnings ratio of 37.38, a price-to-earnings-growth ratio of 2.71 and a beta of 0.88. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.84 and a quick ratio of 1.57.

Ecolab (NYSE:ECL – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The basic materials company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.01. The firm had revenue of $4.42 billion for the quarter, compared to analysts’ expectations of $4.38 billion. Ecolab had a net margin of 12.57% and a return on equity of 22.72%. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period last year, the firm earned $1.89 earnings per share. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. On average, sell-side analysts anticipate that Ecolab Inc. will post 8.17 earnings per share for the current year.

Ecolab Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be paid a $0.73 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.92 annualized dividend and a yield of 1.0%. Ecolab’s dividend payout ratio is presently 39.19%.

Ecolab Company Profile (Free Report)

Ecolab Inc (NYSE:ECL) provides water, hygiene, infection prevention and technology solutions to businesses and institutions worldwide. Its customers include restaurants, hotels, hospitals, manufacturers, food and beverage companies, retailers and other organizations that rely on safe, efficient and sustainable operating environments.

The company’s offerings include cleaning and sanitizing products, water-treatment and process-management systems, food-safety programs, infection-prevention solutions and pest-elimination services.

Read More Five stocks we like better than Ecolab Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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2026-09-09 11:53 16h ago
2026-09-09 07:36 21h ago
Gold buyers struggle near $4,400 amid Fed rate hike bets, rising Oil prices FMP Forex News
Original source text
Gold (XAU/USD) rebounds on Wednesday, snapping a three-day losing streak, but struggles to extend its recovery. Tit-for-tat attacks between the United States (US) and Iran push Oil prices higher, while a rebound in the US Dollar (USD) keeps the metal below the $4,400 mark after touching a one-week low near $4,341 earlier in the day.

The US military said it destroyed five Iranian crude Oil carriers after the Islamic Revolutionary Guard Corps (IRGC) attempted to strike a US Navy warship. Tehran responded by targeting two American vessels, eight Oil tankers and another 10 ships accused of trying to pass through the Strait of Hormuz. The IRGC also said it attacked a US military base in Jordan.

West Texas Intermediate (WTI) Oil trades around $93.00 per barrel, near its highest level since June 8, and has gained about 4.25% so far this week. Markets are concerned that higher energy costs will keep inflation elevated and force major central banks, particularly the Federal Reserve (Fed), to raise interest rates. Higher borrowing costs tend to weigh on Gold by increasing the appeal of interest-bearing assets.

The benchmark 10-year US Treasury yield trades around 4.81%, near its highest level since November 2023. According to the CME FedWatch Tool, traders currently price in around a 60% chance of a 25-basis-point (bps) rate hike at next week’s meeting.

Traders now look ahead to this week’s US inflation data, with the Producer Price Index (PPI) due on Thursday and the Consumer Price Index (CPI) scheduled for Friday. The figures could bolster the case for a Fed rate hike at its September 15-16 meeting.

Hawkish Fed expectations and elevated Treasury yields help the US Dollar avoid a steeper decline. The Greenback has been under pressure from a sharp rally in the Japanese Yen (JPY), with USD/JPY hovering near 153.50, around levels last seen in February.

The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, trades around 98.80 after touching an intraday low of 98.62, its weakest level since August 21.

Looking ahead, Gold is likely to stay sensitive to Fed rate expectations and developments in the Middle East. On Wednesday’s US economic calendar, traders await the ADP Employment Change 4-week average and details of the US Treasury’s expanded bond-buyback program taking effect at 15:00 GMT.

Technical analysis: XAU/USD holds above key 200-period SMA

On the 4-hour chart, XAU/USD holds above the 200-period Simple Moving Average (SMA) at $4,356, suggesting buyers remain active on dips. However, the 50-period SMA at $4,415 caps the immediate upside. The Relative Strength Index (RSI) stands at 47, while the Moving Average Convergence Divergence (MACD) remains slightly negative, pointing to weak momentum and a broadly neutral near-term bias.

On the upside, the 50-period SMA at $4,415 acts as the first resistance, followed by the 100-period SMA around $4,489. A break above these levels could bring the $4,550 horizontal barrier into focus, followed by $4,700.

On the downside, initial support is seen at the 200-period SMA near $4,356. A clear break below this level could intensify selling pressure and open the door toward the $4,200 support zone.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.

Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.

Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.
2026-09-09 11:53 16h ago
2026-09-09 03:59 1d ago
Amundi Has $170.78 Million Position in Expeditors International of Washington, Inc. $EXPD
EXPD Expeditors International
FMP Stock News
Original source text
Amundi cut its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD – Free Report) by 24.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,047,849 shares of the transportation company’s stock after selling 336,498 shares during the quarter. Amundi owned 0.81% of Expeditors International of Washington worth $170,778,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Expeditors International of Washington by 4.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,168 shares of the transportation company’s stock worth $1,944,000 after acquiring an additional 623 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in Expeditors International of Washington by 75.4% in the first quarter. Jones Financial Companies Lllp now owns 2,324 shares of the transportation company’s stock valued at $279,000 after acquiring an additional 999 shares during the last quarter. Woodline Partners LP increased its position in Expeditors International of Washington by 40.7% during the 1st quarter. Woodline Partners LP now owns 11,826 shares of the transportation company’s stock valued at $1,422,000 after purchasing an additional 3,420 shares during the period. Focus Partners Wealth increased its position in Expeditors International of Washington by 33.9% during the 1st quarter. Focus Partners Wealth now owns 5,227 shares of the transportation company’s stock valued at $628,000 after purchasing an additional 1,324 shares during the period. Finally, EverSource Wealth Advisors LLC raised its holdings in Expeditors International of Washington by 29.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,113 shares of the transportation company’s stock worth $127,000 after purchasing an additional 255 shares during the last quarter. 94.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In A number of equities research analysts have recently commented on EXPD shares. Bank of America upped their price objective on shares of Expeditors International of Washington from $181.00 to $189.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Stephens upgraded shares of Expeditors International of Washington to a “strong-buy” rating in a report on Wednesday, July 8th. UBS Group increased their price target on Expeditors International of Washington from $191.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Truist Financial lifted their price objective on Expeditors International of Washington from $145.00 to $175.00 and gave the stock a “hold” rating in a research report on Wednesday, July 15th. Finally, JPMorgan Chase & Co. raised Expeditors International of Washington from an “underweight” rating to a “neutral” rating and set a $200.00 price objective on the stock in a research note on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $168.78.

Check Out Our Latest Report on EXPD Expeditors International of Washington Price Performance EXPD stock opened at $186.05 on Wednesday. The company’s 50-day moving average is $179.43 and its 200-day moving average is $161.47. The stock has a market capitalization of $24.18 billion, a PE ratio of 32.53, a price-to-earnings-growth ratio of 5.00 and a beta of 1.06. Expeditors International of Washington, Inc. has a 1 year low of $112.94 and a 1 year high of $192.28.

Expeditors International of Washington (NASDAQ:EXPD – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The transportation company reported $2.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.34. Expeditors International of Washington had a return on equity of 36.16% and a net margin of 7.64%.During the same quarter in the prior year, the company posted $1.34 EPS. The company’s revenue for the quarter was up 32.1% compared to the same quarter last year. On average, analysts anticipate that Expeditors International of Washington, Inc. will post 5.39 earnings per share for the current fiscal year.

(Free Report)

Expeditors International of Washington is a global logistics and freight forwarding company headquartered in Seattle, Washington. The firm specializes in providing tailored supply chain solutions that encompass air, ocean and ground transportation. Through an integrated service model, Expeditors coordinates and manages the movement of goods for a diverse customer base, including manufacturers, retailers and technology companies.

The company’s core offerings include customs brokerage, cargo insurance, distribution and warehousing services, as well as vendor consolidation and inventory management.

Featured Articles Five stocks we like better than Expeditors International of Washington Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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2026-09-09 11:51 17h ago
2026-09-09 03:59 1d ago
Baird Financial Group Inc. Trims Position in Dell Technologies Inc. $DELL
DELL Dell
FMP Stock News
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Baird Financial Group Inc. trimmed its position in Dell Technologies Inc. (NYSE:DELL – Free Report) by 14.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 233,210 shares of the technology company’s stock after selling 40,655 shares during the quarter. Baird Financial Group Inc.’s holdings in Dell Technologies were worth $100,621,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Commonwealth Retirement Investments LLC bought a new position in shares of Dell Technologies in the fourth quarter worth $25,000. Rossby Financial LCC boosted its stake in Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after buying an additional 184 shares during the period. Cornerstone Financial Management LLC grew its position in Dell Technologies by 56.1% during the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after buying an additional 23 shares in the last quarter. Navalign LLC bought a new position in Dell Technologies in the 4th quarter worth about $29,000. Finally, Kemnay Advisory Services Inc. bought a new position in Dell Technologies in the 4th quarter worth about $29,000. 76.37% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades DELL has been the subject of a number of research analyst reports. Susquehanna set a $289.00 price target on Dell Technologies and gave the company a “neutral” rating in a research report on Friday, May 29th. Jefferies Financial Group cut shares of Dell Technologies to a “hold” rating in a research report on Monday, June 1st. William Blair initiated coverage on shares of Dell Technologies in a research note on Monday, June 1st. They issued a “neutral” rating on the stock. UBS Group reissued an “outperform” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Finally, Citic Securities increased their price target on shares of Dell Technologies from $160.00 to $505.00 and gave the stock a “buy” rating in a report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $553.79.

Read Our Latest Research Report on Dell Technologies Insider Activity In other news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $47,176,751.94. Following the transaction, the director owned 64,209 shares in the company, valued at approximately $33,217,884.06. This trade represents a 58.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Spv-2 L.P. Sl sold 83,006 shares of Dell Technologies stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the completion of the transaction, the director directly owned 73,185 shares in the company, valued at approximately $37,861,527.90. The trade was a 53.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 1,248,199 shares of company stock worth $558,352,352. Company insiders own 41.50% of the company’s stock.

Dell Technologies Price Performance Shares of DELL opened at $533.27 on Wednesday. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $538.47. The stock has a 50 day simple moving average of $443.55 and a two-hundred day simple moving average of $316.11. The firm has a market cap of $345.62 billion, a P/E ratio of 30.95, a P/E/G ratio of 0.54 and a beta of 1.34.

Dell Technologies (NYSE:DELL – Get Free Report) last announced its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. During the same period in the previous year, the business posted $1.70 EPS. The business’s quarterly revenue was up 57.7% on a year-over-year basis. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. On average, equities analysts anticipate that Dell Technologies Inc. will post 25.14 earnings per share for the current year.

Dell Technologies Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.

Trending Headlines about Dell Technologies Here are the key news stories impacting Dell Technologies this week:

Positive Sentiment: Record AI server orders of $60.9 billion helped drive quarterly revenue to $46.97 billion, while earnings of $7.04 per share exceeded the $4.91 consensus estimate. The results reinforce expectations for rapid growth in AI-related infrastructure. Dell Q2 2027 Earnings Call Transcript Positive Sentiment: Coverage emphasizes that Dell is benefiting from an “on-premise” AI buildout, as enterprises install servers and AI systems internally rather than relying exclusively on public cloud providers. This broadens the potential demand opportunity beyond hyperscale data centers. Dell’s latest reinvention and on-premise AI Positive Sentiment: Analysts and financial commentators continue to raise Dell’s profile as a leading AI infrastructure investment, citing surging earnings, strong demand and the company’s roughly $95 billion AI backlog. Wall Street optimism has supported the stock’s recent momentum. Wall Street raises Dell targets after earnings Neutral Sentiment: Dell’s consumer PC business is also expanding with the lower-priced Dell 14S laptop, supported by improving PC demand. However, competition from HP and Apple limits the significance of this opportunity relative to the much larger AI server business. Dell expands consumer PC reach Negative Sentiment: At roughly $524 per share after a gain of more than 300% over the past year, valuation and execution risk are becoming more important. Investors are questioning how much of the AI backlog will convert into revenue and profitable margins, while the stock’s proximity to its high leaves less room for disappointment. Is Dell Making Money Where You Think It Is? Dell Technologies Company Profile (Free Report)

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.

Featured Articles Five stocks we like better than Dell Technologies Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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