Pomerantz LLP vyšetřuje Pegasystems kvůli možnému podvodu s cennými papíry po slabých výsledcích za 2. čtvrtletí 2026. Akcie po oznámení klesly o 4,95 USD, tedy o 16 %, na 25,99 USD.
NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Pegasystems Inc. (“Pegasystems” or the “Company”) (NASDAQ: PEGA). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Pegasystems and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On July 21, 2026, Pegasystems reported its financial results for the second quarter of 2026. Among other items, Pegasystems reported earnings per share and total revenue that significantly missed consensus expectations, as well as a decline in year-over-year total Annual Contract Value growth relative to the previous quarter. Pegasystem’s management acknowledged that rapid shifts in the broader AI market had caused enterprise clients to elongate decision cycles and delay software purchases, a headwind expected to weigh on growth through the rest of 2026.
On this news, Pegasystem’s stock price fell $4.95 per share, or 16%, to close at $25.99 per share on July 22, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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A Bridgeless Path Between Ledgers@hedera has opened a draft proposal for its Cross-Ledger Protocol, or CLPR (pronounced "clipper"), to public review, marking a significant step in the project's governance process. The draft was filed to the Hiero GitHub on August 19 by Hashgraph's Richard Bair and Edward Wertz, alongside Hedera co-founder Leemon Baird, before @hedera issued a public call for community feedback on Tuesday.
CLPR is designed to enable cryptographically secured communication and token transfers between independent blockchain networks, all without bridges, pooled liquidity, or intermediary validator networks. Under the proposal, a Hiero network would verify proofs of another ledger's state directly, meaning no wrapped tokens and no bridge validator set would sit in between the two chains.
Traditional bridges introduce intermediary trust points whose compromise can result in total loss of funds. CLPR instead establishes trust directly ledger-to-ledger using state proofs. Because it eliminates single points of failure and preserves each chain's native consensus model, security assumptions are not weakened, and transfers complete as fast as the underlying networks reach consensus.
Known Risks and the Road to ApprovalThe authors are candid about what remains unresolved. The proposal names verifier compromise as the primary systemic risk and flags an outstanding queue-flooding vulnerability that must be addressed before any production deployment.
The protocol is designed to be chain-agnostic. On the public blockchain side, CLPR is being built to first support major networks, including Ethereum and other widely adopted public chains. Its initial deployment targets interoperability between HashSphere private enterprise networks and the Hedera public network, covering both Sphere-to-Sphere and Sphere-to-Hedera transfers.
Before CLPR can reach the hedera-hashgraph native network, the proposal must clear two governance hurdles: approval from the Hiero Technical Steering Committee and formal acceptance by Hedera. Hiero is an open-source distributed ledger project under the Linux Foundation Decentralized Trust. That governance structure means the community review now underway is not ceremonial. Substantive feedback from the public comment period could shape the final specification before it advances.
Sources:
Hashgraph: CLPR, a new bridgeless standard for cross-ledger communication
PR Newswire: Hashgraph unveils three major announcements at HederaCon in Miami
Hiero Improvement Proposals on GitHub
Liquidium na síti Internet Computer zaznamenal o víkendu rekordní aktivitu, když zpracoval 91 úspěšných vkladů a půjček. Celková likvidita dosáhla 6,20 mil. USD a nesplacené půjčky vystoupaly na rekordních 1,73 mil. USD.
@LiquidiumFi recorded its busiest period to date over the weekend, posting all-time highs across key lending metrics on the @dfinity Internet Computer network. The figures mark a notable step forward for decentralized lending activity on ICP.
Record Numbers Across the Board The protocol processed 91 successful deposit and borrow actions over the two-day period, bringing total supplied liquidity to $6.20M. Outstanding borrows on the platform climbed simultaneously to a record $1.73M, underlining growing user confidence in the protocol. On-chain data also confirms the deposit of 53.1K ICP into the ecosystem since Saturday.
The weekend results reflect a broader growth story for Liquidium. The protocol has processed over 119,000 loans and more than $400 million in borrowing volume since its inception, building a track record that underpins its expansion onto the Internet Computer.
How Liquidium Uses ICP Liquidium.fi is a non-custodial cross-chain lending platform that leverages Chain Fusion technology developed by the Internet Computer to enable users to supply and borrow native assets, including Bitcoin and USDT on Ethereum, without the security risks of centralized bridges or the need to manage wrapped tokens.
The protocol operates using the Internet Computer Protocol in the backend, where smart contracts manage lending logic, collateral, and liquidation processes. It leverages ICP's direct Bitcoin integration, enabling on-chain smart contracts to control native BTC via ckBTC. When users deposit BTC or USDT, the platform converts them into ckBTC or ckUSDT on ICP.
All loans are over-collateralized to manage risk, meaning borrowers deposit more value than they borrow. The platform uses Pyth's price oracle for asset pricing, aggregating data from major exchanges to support real-time collateral valuation and automated liquidations when thresholds are breached, alongside a dynamic interest rate model that automatically adjusts based on supply and demand.
The weekend performance adds further weight to the case that ICP is becoming a meaningful home for cross-chain DeFi activity, with Liquidium emerging as one of the ecosystem's most active protocols.
Manulife Financial Corporation umístila veřejnou nabídku subordinovaných dluhopisů v USA v objemu 750 mil. USD se splatností v roce 2041 a kupónem 6.146 %.
, /PRNewswire/ -- Manulife Financial Corporation (NYSE: MFC) (the "Company") today announced that it has priced a public offering in the United States of U.S.$750,000,000 aggregate principal amount of 6.146% subordinated notes due 2041 (the "Notes") at a public offering price of 100.000%. The Notes are anticipated to qualify as Tier 2 regulatory capital of the Company.
The Notes are expected to be issued on September 11, 2026 and will bear interest at a fixed annual rate of 6.146% for the period from, and including, the issue date to, but excluding, September 11, 2036 (the "Reset Date"), and, during the period from, and including the Reset Date to, but excluding, September 11, 2041, at an annual rate equal to the CMT Rate (as defined in the prospectus supplement) determined on the third business day immediately preceding the Reset Date plus a spread of 1.350%. The Company may, at its option, redeem the Notes, in whole at any time or in part from time to time, with the prior written approval of the Superintendent of Financial Institutions (Canada) (the "Superintendent"), on or after September 11, 2031 and prior to the Reset Date at the applicable make-whole redemption price described in the prospectus supplement. The Company may also redeem the Notes, in each case, in whole, but not in part, with the prior written approval of the Superintendent, (i) on the Reset Date, (ii) at any time within 90 days following a specified regulatory event or (iii) at any time following a specified tax event, in each case, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest thereon to, but excluding, the date of redemption.
The offering was made pursuant to a preliminary prospectus supplement, dated September 1, 2026, to the Company's registration statement declared effective by the Securities and Exchange Commission (the "SEC") on September 29, 2025.
The Company intends to use the net proceeds from the sale of the Notes for general corporate purposes, which may include future refinancing requirements.
BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering.
This release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A prospectus supplement and the accompanying prospectus related to the offering have been filed with the SEC and are available on its website at www.sec.gov. Copies of the prospectus supplement and accompanying prospectus, when available, may be obtained by contacting BofA Securities, Inc., 201 North Tryon Street, NC1-022-02-25, Charlotte, NC 28255-0001; Attention: Prospectus Department; Email: [email protected]; Telephone: 1-800-294-1322; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717; Email: [email protected]; Telephone: 1-800-831-9146; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, Attention: Prospectus Department, 1155 Long Island Avenue, Edgewood, NY 11717; Email: [email protected]; Telephone: 1-212-834-4533; or Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department; Email: [email protected]; Telephone: 1-866-718-1649.
The securities will not be offered or sold, directly or indirectly, in Canada or to any resident of Canada.
About Manulife
Manulife Financial Corporation is a leading international financial services provider, headquartered in Toronto, Canada. Anchored in our ambition to be the number one choice for customers, we operate as Manulife across Canada and Asia, and primarily as John Hancock in the United States, providing financial advice, insurance and health solutions for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment solutions, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2025, we had more than 37,000 employees, over 106,000 agents, and thousands of distribution partners, serving over 37 million customers with operations across 25 markets globally. We trade as 'MFC' on the Toronto, New York, and Philippine stock exchanges, and under '945' on the Hong Kong stock exchange.
Media Relations:
Fiona McLean
Manulife
437-441-7491
[email protected]
Pump.fun v mobilní aplikaci spustil nativní limitní příkazy pro Solana tokeny, včetně take-profit a stop-loss. Obchodníci tak mohou automaticky uzavírat pozice bez externích botů.
Pump.fun, the Solana-based memecoin launchpad that has become synonymous with the chain’s degen culture, just rolled out native limit order functionality in its mobile app. Users can now set take-profit and stop-loss levels directly within the platform, automating their exits on token trades without needing to rely on external bots or manual babysitting of positions.
What the update actually does The new feature lets Pump.fun users define specific price levels at which they want to automatically sell their token positions. Set a take-profit order, and the app sells when a token hits your target price on the upside. Set a stop-loss, and it sells when the price drops to your chosen floor.
Previously, anyone who wanted this kind of automated execution on Pump.fun tokens had to use third-party Solana trading bots, tools like BonkBot or Trojan that plug into Telegram or operate as standalone services. Those bots work, but they introduce additional counterparty risk, require sharing wallet access, and often charge premium fees. Native integration removes all of that friction.
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The update doesn’t change anything about Pump.fun’s underlying mechanics. The bonding curve model that governs how tokens are priced during their initial launch phase and the PumpSwap automated market maker remain untouched. This is purely an app-level enhancement, a better interface for the same trading infrastructure.
Pump.fun’s trajectory in numbers Pump.fun launched in January 2024 and quickly became the dominant launchpad for memecoin creation on Solana. The platform’s daily trading activity has scaled dramatically, growing from roughly $250K per day around its launch period to approximately $50M in daily volume by late August 2026. That same period saw around 905K daily transactions flowing through the app.
Co-founders Alon Cohen, Dylan Kerler, and Noah Tweedale have steadily expanded the platform’s capabilities over its lifespan. In March 2026, the team locked a creator-fee redirection to a one-time change as part of broader platform updates, a move designed to prevent repeated fee manipulation by token creators.
Why limit orders matter for memecoin trading The memecoin market operates on a different clock than the rest of crypto. Tokens can launch, pump 1,000%, and crash back to near-zero within hours. In that environment, the difference between a profitable trade and a total loss often comes down to whether you were staring at your screen at the right moment.
Limit orders change that dynamic. A trader who buys a newly launched token can immediately set a take-profit at, say, 3x their entry price and a stop-loss at 50% below it. If the token moons while they’re asleep, they lock in gains. If it crashes, they limit the damage. Neither outcome requires them to be actively watching.
This is table stakes functionality on centralized exchanges like Binance or Coinbase. But in the decentralized trading world, particularly for long-tail tokens that only exist on DEX infrastructure, it has historically been much harder to access. Pump.fun bringing it natively into the app closes a gap that has cost plenty of traders money.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitwise v srpnu získal 1,27 milionu SOL v čistých stakingových přílivech a jeho validátor se posunul na páté místo v síti Solana. Aktivní stake vzrostl na zhruba 9,455 milionu SOL.
Bitwise’s Onchain Solutions validator pulled in 1.27 million SOL during August, vaulting it to the fifth-largest validator on the Solana network. The influx pushed the validator’s total active stake to approximately 9.455 million SOL, up from around 8.3 million SOL in mid-July when it sat at rank six.
Most of that growth traces back to a single product: Bitwise’s BSOL ETF, which stakes nearly all of its Solana holdings through the same validator. The fund crossed $1 billion in assets under management by late August, becoming the first Solana ETF to hit that mark.
BSOL’s dominance in the Solana ETF race The BSOL ETF launched on October 28, 2025, with a straightforward pitch: buy SOL exposure and earn staking yield on top of it. The fund targets 100% staking of its holdings, with roughly 96% of its 9.33 million SOL actively staked at a net yield of approximately 5.8% after fees.
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BSOL has captured somewhere between 77% and 80% of all US spot Solana ETF inflows since launch. On August 27 alone, the fund saw $60.91 million in single-day inflows, its peak for the month. Total inflows across all US spot Solana ETFs have exceeded $1.3 billion since the category debuted.
How Bitwise built the infrastructure Bitwise acquired Chorus One in February 2026, a move that significantly expanded its staking operations across multiple blockchain networks. Chorus One brought established infrastructure and operational expertise in running validators at scale, giving Bitwise the backbone to handle the kind of delegation growth that followed.
The jump from 8.3 million to 9.455 million SOL in active stake over roughly six weeks represents a 14% increase.
A shrinking validator set raises concentration questions Active validators on the network have declined approximately 34% year-over-year, a trend driven primarily by rising operational costs that make it uneconomical for smaller operators to continue running nodes.
Solana’s roughly 46% price appreciation during August provided a tailwind that amplified the dollar value of staking inflows.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
DeFi Development Corp. nabízí 2,2 milionu preferenčních akcií za 9 USD za kus a většinu výtěžku chce použít na nákup SOL. Firma nedávno přikoupila zhruba 19 000 SOL a drží přibližně 2 333 432 SOL a ekvivalentů.
In brief DeFi Development Corp. is offering 2.2 million preferred shares at $9 each. CEO Joseph Onorati said most of the proceeds are expected to fund SOL purchases. The company recently bought 19,000 SOL, increasing its treasury to 2.33 million SOL and equivalents. Solana treasury firm DeFi Development Corp. has launched a preferred stock offering that could raise $19.8 million, with most of the proceeds expected to fund SOL purchases.
DeFi Development Corp. is a publicly traded company listed on the Nasdaq under the ticker DFDV. It has adopted a treasury strategy centered on accumulating and staking SOL.
Myriad: Where does Solana price go next? Click to make your prediction.According to CEO Joseph Onorati, the company intends to use the net proceeds from the offering for general corporate purposes, including for working capital and the acquisition of SOL.
“Intended use of proceeds are outlined in the prospectus, but we expect to buy SOL with most of the proceeds,” he told Decrypt.
The Nasdaq-listed company is offering 2.2 million shares of Variable Rate Series C Perpetual Preferred Stock at $9 each, according to a preliminary prospectus. It has applied to list the shares under the ticker CHAD.
The prospectus lists working capital, SOL and other digital asset investments, strategic transactions and growth initiatives as possible uses of the proceeds. It does not specify how much will go toward each purpose.
The company said last week that it had purchased approximately 19,000 SOL at an average price of $98.14. The acquisition brought its holdings to about 2,333,432 SOL, worth about $236 million.
1/ Let the $SOL accumulation resume! 🟠
Today, we announce that we've acquired ~19K $SOL, bringing treasury holdings to ~2.333M SOL.
Quarter-to-Date:
🔸 $SOL beat Nasdaq-100 by 33%
🔸 $DFDV outperformed SOL by 1.8x
More $SOL, even more amplified exposure. pic.twitter.com/TKk142byRZ
— DeFi Dev Corp. (DFDV) (@defidevcorp) August 27, 2026
Proceeds from the sale of DFDV’s ZeroStack position partially funded the purchase, according to a company press release. DFDV plans to retain the tokens as a long-term treasury asset and deploy them through its staking and on-chain infrastructure.
Along with holding SOL, the company operates its own Solana validators. That allows it to earn staking rewards and fees from delegated tokens. It also participates in decentralized finance projects built on Solana.
Onorati said DFDV is designed to give shareholders leveraged exposure to SOL. He pointed to the company’s trading volume, SOL holdings and staking income as central parts of that strategy.
“Our equity has become one of the most liquid ways to express that view within the SOL DAT category, while our treasury continues to generate differentiated organic yield,” he said in a statement at the time. “When SOL performs well, we believe DFDV has the potential to amplify that performance.”
DFDV said its returns were more than double SOL’s month-to-date and 1.8 times SOL’s quarter-to-date, which the company attributed to its leveraged exposure, trading liquidity, and treasury yield.
On several days that week, DFDV recorded the category’s highest absolute dollar trading volume, the company said. It also led in trading volume as a percentage of market capitalization.
If completed, the preferred-stock offering would give DFDV more money to continue buying SOL.
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Soud zamítl všechny nároky vůči Solana Labs a Solana Foundation v žalobě týkající se Pump.fun. Případ pokračuje už jen jako spor podle RICO proti Baton Corporation a třem zakladatelům.
A federal judge has dismissed all claims against Solana Labs, the Solana Foundation, and the named executives connected to them in the Pump.fun class action lawsuit.
Judge Colleen McMahon of the U.S. District Court for the Southern District of New York issued the 79-page ruling on August 31, granting defendants’ motions to dismiss in part and denying them in part. The decision leaves a narrower case focused on Pump.fun operator Baton Corporation Ltd. and its 3 founders, Alon Cohen, Dylan Kerler and Noah Tweedale.
The lawsuit began in January 2025 after plaintiffs alleged that Pump.fun facilitated a scheme that favored insiders through advance token positions, coordinated promotion and subsequent selling into retail demand. Plaintiffs estimated that retail traders collectively lost between $4 billion and $5.5 billion trading Pump.fun tokens.
$FRED and $GRIFFAIN Fail the Securities Test The ruling also rejected the plaintiffs’ Securities Act claims involving the 2 tokens they actually purchased, $FRED and $GRIFFAIN.
Judge McMahon did not rule that memecoins can never qualify as securities. Instead, she found that the complaint failed to establish a "common enterprise" under the Howey test.
The plaintiffs argued that $SOL deposited into each token’s bonding curve created a common pool. The judge disagreed, finding that the bonding curve did not connect investors to an underlying venture whose success or failure determined their collective fortunes. Early buyers could profit by selling to later buyers, while later purchasers could lose when demand declined.
The court dismissed the securities claims involving $FRED and $GRIFFAIN with prejudice. Claims involving the other 18 tokens failed because the named plaintiffs lacked class standing to pursue tokens they had not purchased.
That distinction matters. The ruling does not establish that all memecoins fall outside securities laws. It addresses the specific allegations surrounding $FRED and $GRIFFAIN, which were the tokens the plaintiffs actually purchased.
Pump.fun Still Faces RICO Claims The decision leaves the most consequential part of the lawsuit alive. The plaintiffs can continue pursuing substantive RICO and RICO conspiracy claims against Baton, Cohen, Kerler and Tweedale. The court found that the plaintiffs adequately pleaded wire-fraud allegations and a direct connection between the alleged conduct and transaction-fee losses.
The gambling theory did not survive. Judge McMahon concluded that buying and selling memecoins, although risky, does not constitute placing a bet under New York law.
The ruling also rejected the RICO claims against the Solana Defendants. The court found no adequately pleaded predicate racketeering act by Solana Labs, the Foundation, or their named executives.
Discovery and the September 10 Deadline The case now moves forward primarily as a RICO dispute against Pump.fun's operator and its 3 founders. Plaintiffs previously obtained nearly 5,000 internal chat messages and amended their complaint using that material.
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The court also ordered the plaintiffs to explain why 25 unidentified Lead KOL defendants should not face dismissal. They have until September 10 to identify any defendants they have located, explain their efforts to serve them, and identify any discovery they need to determine their identities. Failure to respond could lead to dismissal of those claims.
Pump.fun Keeps Building The ruling arrives as Pump.fun continues expanding its product. The memecoin launchpad announced the introduction of limit orders on Solana on its mobile app, including take-profit and stop-loss functionality. Co-founder Alon lauded it as “the FIRST memecoin trading mobile app that supports limit orders”, adding that EVM-chain support for limit orders would follow.
The pump.fun mobile app has consistently hit new all-time highs in daily active app traders, according to Sapijiju, another pseudonymous co-founder of pump.fun. He also reported that the app crossed 100,000 daily active users this week, highlighting the platform's continued growth, which has amassed over $1.4 billion in lifetime revenue.
The legal fight therefore narrows, but it does not disappear. Solana has exited the claims against it, the securities theory has collapsed for the 2 tokens at issue, and the gambling theory has failed. The remaining RICO allegations against Pump.fun and its founders now face discovery, where the parties will have to test the allegations against evidence before going to trial.
Read More on SolanaFloor Fomo Acquires Mobula for $17M as Its Weekly Volume Surpasses $1B
Sunrise Brings $PONS to Solana Amidst as Meme/Stock Pairs Dominate DeFi
Pomerantz LLP vyšetřuje možné porušení pravidel ze strany Klarna a některých jejích vedoucích pracovníků. Firma po výsledcích za 2. čtvrtletí snížila celoroční výhled tržeb na 4,08 až 4,16 miliardy USD z více než 4,34 miliardy USD.
NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Klarna Group plc (“Klarna” or the “Company”) (NYSE: KLAR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Klarna and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On or around September 10, 2025, Klarna completed its initial public offering (“IPO”), selling 34.3 million shares priced at $40.00. Then, on August 18, 2026, Klarna announced its financial results for the second quarter of 2026. Among other items, Klarna significantly lowered its full-year 2026 revenue forecast to a range of $4.08 billion to $4.16 billion, down sharply from previous guidance of more than $4.34 billion. Klarna also announced that the Company’s Chief Financial Officer and Chief Marketing Officer would both depart Klarna early in 2027.
On this news, Klarna’s ordinary share price fell $4.45, or 22.81%, to close at $15.06 per share on August 18, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Na burzy dorazilo 145,9 miliardy SHIB, což zvyšuje riziko prodeje a testu podpory 0,0000055 USD. Shiba Inu zároveň trápí slábnoucí příliv nového kapitálu.
Shiba Inu traded at $0.0000055 on Monday as the meme coin faced renewed selling pressure following the transfer of 145.9 billion SHIB tokens to exchanges on August 29, 2026. Analysts noted that large token inflows often precede a sell-off, although immediate liquidation is not guaranteed. The movement of such a considerable volume has raised concerns that Shiba Inu could retest its support floor in the days ahead.
Exchange inflows trigger uncertaintyMarket participants observed that the arrival of 145.9 billion SHIB on exchanges has heightened the risk of a downturn. While not every token deposited is instantly sold, the gradual process of exiting positions can still weigh heavily on price dynamics.
Many traders are closely watching the $0.0000055 zone, which could act as a critical support level if further selling occurs. The likelihood of a significant liquidation event has increased, especially given the scale of the recent token transfers.
Should a decline play out, Shiba Inu’s price may face further challenges unless buying interest emerges to counteract the selling pressure and help stabilize the coin around its current levels.
Stagnant inflows and fading investor interestRecent observations show that fresh capital inflows into Shiba Inu have slowed noticeably. First-time investor activity has tapered off, suggesting the project is experiencing diminished enthusiasm compared to its initial surge.
The meme token has trailed behind other assets for more than three years, with many traders shifting their focus to different projects in pursuit of better returns. As a result, those entering new positions in SHIB are contending with increased volatility and uncertainty.
The risk of a downturn is high, and an entry position into SHIB can prove hazardous. Inflows to exchanges don’t guarantee immediate sell-offs but signal a gradual process in hitting the exit button.
In parallel with these developments, traditional markets are undergoing a significant transformation as Wall Street embraces Web3 technology. Investors now utilize platforms such as 1stepSwap to hold tokenized real-world assets, including blue-chip stocks and precious metals, directly within their crypto wallets. By removing intermediaries and providing instant access to the best market prices, these platforms are facilitating a broader shift away from conventional brokers.
Challenges for recoveryShiba Inu’s potential for a rebound hinges on two main factors: renewed buying pressure and a substantial increase in token burns by Shibarium. Although the team had initially predicted that Shibarium would eliminate trillions of tokens annually, performance has not kept pace with expectations.
Since its launch in August 2023, Shibarium has removed just over 1 billion SHIB tokens—well below its marketed targets. As a result, market participants have struggled with long holding periods and ongoing losses, leading to a decline in trust and attention directed toward the token.
Shibarium has burned more than 1 billion SHIB tokens in the three years since its launch in August 2023. The scale is very minimal, compared to what it was marketed to do before its launch.
Many investors have held their SHIB holdings for nearly five years without reaching a break-even point, further eroding confidence in the meme coin’s prospects.
Tesla je zhruba 30 % pod svým maximem, zatímco dodávky vzrostly o 25 % a energetické úložiště o 40 %. Trh teď čeká na představení produkční verze Cybercab 3. září v Austinu.
I keep hearing people say they want to own Tesla (TSLA -3.22%) stock but are waiting for a better price, and I understand the instinct, because the stock has swung between $297.38 to $498.83 over the past year. The problem is that Tesla is already 30% off its high while deliveries grew 25% and energy storage jumped 40%, so the discount everyone is waiting for may already be here.
Tesla is down roughly 17% over the past four weeks, and I think that pullback is the entry point rather than a reason to wait for a deeper one.
Premium Feature
Moneyball Superscore
65/100
Today's Change
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-11.86
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Where the stock sits Tesla trades today roughly 25% below its 52-week high, and about 23% above its 52-week low. Over the past 12 months, the stock has risen by 9.5%, meaning a year of operational progress has produced half the average price appreciation of the S&P 500, which is up by about 19%. Tesla's forward price-to-earnings ratio sits near 207, with a trailing multiple of about 340, so nobody is buying the stock based on its current earnings math. If you're buying it at all, you're doing so based on your view of what the company is building.
Image source: Getty Images.
Second-quarter deliveries hit 480,126 electric vehicles (EVs), up 25% year over year, compared with 451,758 vehicles produced. The energy storage business deployed 13.5 GWh of capacity in the quarter, up 40% from 9.6 GWh in the prior-year quarter and up 53% from the 8.8 GWh it deployed in 2026's first quarter. It was Tesla's second-largest quarterly increase in storage ever, behind only the 14.2 GWh it added in the fourth quarter of 2025. Cumulative deployments now exceed 132 GWh since 2016, with 22.3 GWh in the first half of 2026 alone.
Tesla's network of Powerwalls -- rechargeable home batteries that store electricity for later use, including during power outages -- supported more than 89,000 virtual power plant events across over 1 million installed units, saving homeowners more than $1 billion on electricity bills. Megapack 3 and Megablock production are starting at Megafactory Houston this year.
Why the next few weeks matter Tesla will unveil the production version of the Cybercab at a launch event on Sept. 3 in Austin. Pilot production started in February at Gigafactory Texas, and by July, hundreds of units had been spotted near the plant. The production specs are public: a 48-kWh battery, a single-motor setup producing 219 horsepower, roughly 293 miles of EPA range, no steering wheel or pedals, and a target price of $30,000. Tesla's stated annual goal is to produce 2 million Cybercabs per year at full design capacity across multiple factories.
Mass production of the Optimus Gen 3 robot began at the company's Fremont factory on Jan. 21, with roughly 300 units in Tesla factories running in a learning phase, and a planned $20,000 to $30,000 target price at scale. Tesla ended production of the Model S and Model X at Fremont this spring, specifically to free up capacity to manufacture the robots.
How I would actually buy it First, a risk to consider: Tesla pulled its production volume guidance for the Cybertruck, Semi, and Megapack 3 from 2026 in its second-quarter letter, and removed the language on Optimus volume production entirely. Its capital expenditures will run to $25 billion this year, about three times historical levels. The more than doubled its on-site compute capacity in Texas in the first half of 2026 and is targeting nearly 400 MW by year's end. That spending is compressing Tesla's near-term margins.
Position sizing will do more work for you than entry timing here. For a stock with this type of volatility profile, I cap the size of my equity allocation to 2% to 5% of my portfolio, then build my position with gradual purchases on a set schedule rather than by making a single lump-sum buy. Tesla pays no dividend, so every dollar of return on this investment will depend on how it executes on its Cybercab, Optimus, and energy storage plans. If those land, waiting to buy until the stock dips by another 20% dip from its current $365 could look like a costly error.
Nebius zvýšil cíl nasmlouvané kapacity do konce roku 2026 na 5 GW, a to už potřetí za šest měsíců. Firma zároveň uvedla, že její tržby za 2. čtvrtletí vzrostly meziročně o 454 % na 582,3 milionu USD.
In February, Nebius Group (NBIS -3.29%) told investors to expect more than 3 gigawatts (GW) of contracted power by the end of 2026. In May, the target became more than 4 GW. In August, alongside second-quarter results, the artificial intelligence (AI) cloud provider raised it again, to 5 GW.
Contracted power is the raw material of Nebius' business. It's the electricity capacity the company has secured for data centers that rent out graphics processing units (GPUs). Three raises in six months say the company keeps finding more of it, faster than it expected. That escalation has my attention.
Nebius carries a market value of about $56 billion, with shares just above $200 as of this writing. Its revenue over the past 12 months was about $1.4 billion.
What does 5 GW of power have to earn to justify a price like that?
Image source: Getty Images.
Three raises in six monthsThe escalation is the company's own, laid out in its August shareholder letter. A year ago the target was more than 1 GW. It became more than 2.5 GW in November, more than 3 GW in February, more than 4 GW in May, and 5 GW now.
The business underneath is scaling almost as fast.
Second-quarter revenue grew 454% year over year to $582.3 million, with the core AI cloud business contributing about 98% of the total. Annualized run-rate revenue reached $3.0 billion at the end of June -- up 598% year over year, and up 56% from $1.9 billion just three months earlier.
Profitability is arriving with scale, too. The AI cloud business produced an adjusted EBITDA margin of 50% in the quarter, up from 45% in the first quarter and 24% in the fourth quarter of 2025. Companywide, adjusted EBITDA swung to a positive $236 million from a loss a year earlier. (EBITDA is earnings before interest, taxes, depreciation, and amortization.)
Each megawatt is worth more than it used to beNebius closed four landmark deals in the second quarter, averaging more than $1 billion in total contract value, with AI developers Reflection and Cohere among the customers. The company said those deals carry annual contract value of $20 million to $25 million per megawatt.
That is up from about $12 million per megawatt on its 2026 base of business. And early third-quarter short-term capacity deals are pricing above $40 million per megawatt. All told, the company counts $40 billion in customer commitments.
So what could the full target earn? If Nebius eventually deployed all 5 GW (5,000 megawatts) and sold it at even the older $12 million rate, the implied revenue would be about $60 billion a year. At the second quarter's deal prices, the figure could be far higher.
Against a $56 billion market value, that is the bull case in one calculation.
The capacity can't arrive all at onceHowever, contracted power is not deployed power, and deployed power is what generates revenue. Nebius says it plans to bring more than 1 GW of capacity online per year starting in 2027. At that pace, turning 5 GW of contracts into running data centers is a project that can stretch toward the end of the decade.
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The spending, meanwhile, is immediate. Nebius spent $5.7 billion on property and equipment in the second quarter alone, and management expects $20 billion to $25 billion of capital expenditures for the full year. The company still runs at an operating loss ($176 million in the second quarter), and its quarterly depreciation and interest costs are climbing fast as the build-out compounds.
Of course, customer prepayments help. The company expects more than $9 billion of them in 2026, and prepayments covered 50% to 60% of the capital spending tied to recent deals. The capital markets supply much of the rest, including a convertible note sale that closed in August with about $5.75 billion of gross proceeds. But the model still consumes enormous amounts of money before it returns any.
Even so, management reaffirmed its full-year guidance, including revenue of $3 billion to $3.4 billion and a year-end run-rate target of $7 billion to $9 billion. Hit the top of that range, and today's market value works out to about six times year-end run-rate revenue. For growth like this, that's arguably a fair price. But it leaves no room for deployment delays, softer GPU pricing, or a pause in AI spending.
I believe the contracts will become revenue -- the customers are signed, and the price per megawatt keeps rising. Still, most of those megawatts won't produce a dollar until 2027 or later, and the building costs land now. I'm watching Nebius closely, but I'm not buying shares yet.
, /PRNewswire/ -- The Board of Directors of Royal Caribbean Group (NYSE: RCL) today declared a quarterly dividend of $1.50 per common share payable on October 8, 2026, to shareholders of record at the close of business on September 17, 2026.
About Royal Caribbean Group
Royal Caribbean Group is a leading global vacation company spanning cruise, one-of-a-kind destinations, and land-based vacation experiences. The company operates 71 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands - Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises, which operates the Mein Schiff and Hapag-Lloyd brands.
The Group is expanding its portfolio of private destinations through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.
Named to the Fortune World's Most Admired Companies 2026 list and to Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit royalcaribbeangroup.com.
GoPro uzavře definitivní fúzi se Starman Optical a rozšíří se do datových center s umělou inteligencí a na obranné trhy. Akcie po zprávě uzavřely o 40 % výše.
GoPro is joining the artificial intelligence craze.
The action camera maker announced on Tuesday it would enter into a definitive merger with Starman Optical, a private photonics company, and expand into AI data center and defense markets, according to a release.
"We expect this merger to enable GoPro to grow across consumer, commercial and defense markets as a leading American imaging and optical solutions company, addressing important areas of national security related to cameras, optics and AI infrastructure," said GoPro CEO Nicholas Woodman in the release.
Shares closed up 40% following the news. GoPro declined to share additional details about the move.
As part of the deal, the company's shareholders will receive a $285 million cash payment, or $1.14 per share, and the stock will remain listed on the Nasdaq.
One of the shareholders benefiting most from the news is Youtuber Markiplier, who acquired a massive 8.5% stake, according to a July 13 filing. Private equity firm BlackRock also disclosed a 6.4% stake earlier this summer.
Since going public back in 2014, when it debuted at $38 a share, GoPro has struggled to gain the confidence of investors in the years since, trading at penny stock levels until a few days ago.
The company also said its $92 million debt will be repaid at the deal closing, and that it "will continue to fully support its existing consumer products and its subscription and cloud platform while investing in growth and a broader, diversified product roadmap."
GoPro isn't the only well-known consumer name eyeing the AI boom.
In April, struggling retailer Allbirds announced it would pivot away from making its sustainable shoes into AI compute and hardware, rebranding itself as Smartbird.
"People always roll their eyes when it's something they don't understand," said Smartbird CEO Nadia Carlsten said in an interview on CNBC's "The Exchange" last week.
"It's about building a product, building a pipeline of customers, making sure that the world understands what it is that you're building, getting customers to sign contracts to actually sell them your product and so on," she added.
Read more CNBC tech newsApple enters John Ternus era as AI challenges and memory crunch intensifyGoPro joins AI bonanza with pivot into data centers as shares skyrocket 40%AI data center play SB Energy, which is backed by Softbank and Nvidia, files for IPOWaymo and Zoox expand into more U.S. markets as robotaxi race heats up
EU antimonopolní regulátoři se zaměřují na licenční praktiky Oracle a shromažďují informace od třetích stran. Zatím ale neprobíhá žádné formální vyšetřování.
The licensing practices of U.S. cloud computing company Oracle (ORCL.N) are on the radar of EU antitrust regulators, a person familiar with the matter said, in a case similar to one involving German rival SAP (SAPG.DE) which was settled with concessions in July.
The European Commission, which acts as the EU competition enforcer, is seeking information from third parties on the issue, the person said.
This could help regulators build up a case or drop it if there is no evidence of any wrongdoing.
Oracle did not immediately respond to an emailed request for comment.
"The commission will continue to monitor possible further anticompetitive practices and abusive conduct in this sector. At this stage, however, there is no formal investigation into any company," a commission spokesperson said.
In July, SAP offered to make it easier for customers to switch to rival service providers or end their contracts, averting a potential fine that could be as much as 10% of its global annual turnover.
News agency MLex was the first to report on the EU scrutiny of Oracle's licensing practices.
RedStone uvedl, že ztráta Tectonic ve výši zhruba 75 milionů USD nebyla chybou orákula, ale důsledkem slabých kontrol zástavy. TONIC prý během asi 20 minut vyskočil asi 100× a byl použit jako kolaterál.
RedStone has said Tectonic’s estimated $75 million exploit resulted from weak collateral controls rather than an inaccurate oracle after TONIC’s reported price rose about 100-fold in 20 minutes.
Summary
An onchain researcher estimated that the Tectonic exploit affected about $75 million. TONIC’s reported price increased roughly 100 times before the token was supplied as collateral. RedStone said borrow caps tied to executable liquidity could have limited the losses. Cronos has restarted after restoring its chain state to a point before the attack. RedStone co-founder Marcin Kazmierczak told crypto.news that the oracle accurately reported TONIC’s price in the pool it monitored, but Tectonic allegedly accepted the reading without checking whether the token could be sold at that valuation in meaningful size.
Cronos validators halted block production on Aug. 30 after Tectonic disclosed an incident involving the decentralized lending protocol. Independent researcher Weilin Li estimated that approximately $75 million was affected, although neither Tectonic nor Cronos has confirmed the final loss.
According to Li’s initial analysis, the attacker pushed TONIC’s price about 100 times higher within roughly 20 minutes. The inflated tokens were then supplied to Tectonic as collateral, allowing the attacker to borrow assets with more established liquidity.
TONIC reportedly had a collateral factor of 20%, meaning the protocol allowed users to borrow assets worth up to one-fifth of the collateral’s reported value. Li identified about 364.6 trillion TONIC in the position, which would have needed a reported value of around $375 million to support approximately $75 million in borrowing.
Tectonic oracle reported a manipulated market price Kazmierczak rejected the idea that the oracle itself necessarily produced incorrect data, drawing a distinction between observing the available market price and deciding whether that price is safe for a lending protocol.
“The oracle wasn’t wrong. It accurately reported the price of TONIC on the pool it was reading from at that moment,” he said.
A thinly traded token can register a high spot price after a limited number of trades, even when the market lacks enough buyers to support large sales at the same level. According to Kazmierczak, Tectonic’s alleged failure was accepting the manipulated price as collateral without testing how much TONIC could actually be sold before its value collapsed.
“Reporting a price and validating that a price is safe to lend against are two different jobs, and Tectonic’s design conflated them.”
The initial Tectonic incident left most of the identified assets on Cronos when validators stopped the chain. Li estimated that about $6 million had reached Ethereum, while roughly $60 million remained at one Cronos address. A second address holding close to $8 million raised his combined estimate to about $75 million.
Funds remaining at identified addresses should not be treated as recovered unless the network, protocol or affected users regain control of them. Cronos and Tectonic had not confirmed Li’s address attribution or asset estimates when the preliminary analysis was published.
Borrow caps could have limited the Tectonic loss Among the safeguards available to lending protocols, Kazmierczak said borrow caps linked to executable liquidity would have provided the strongest protection. Such a cap limits the total amount users can borrow against an asset based on how much of the collateral could realistically be sold without causing a steep price decline.
“Even if TONIC’s reported price moves 100x, a borrow cap sized to what could realistically be exited without collapsing the market limits the damage regardless of what the price feed says,” he said.
Dynamic collateral factors, price-impact limits and minimum market-depth requirements could also have reduced Tectonic’s exposure, according to Kazmierczak. However, he argued that a properly set borrow cap can contain losses even when another risk parameter fails.
Tectonic apparently lacked those protections, he said, allowing a token with limited liquidity to support borrowing on the basis of a temporarily inflated valuation. Neither Tectonic nor Cronos has released a technical postmortem confirming which controls were active when the incident occurred.
Kazmierczak also cautioned against treating a longer time-weighted average price window as a complete solution. A TWAP calculates an average price across a set period, making brief market moves less influential than they would be under a spot-price feed.
Although longer windows can filter out short-lived price changes, Kazmierczak said protocols must set them according to each asset’s liquidity and trading history. In his assessment, a 100-fold increase in 20 minutes should have raised questions about TONIC’s eligibility as collateral rather than prompting a debate over the ideal averaging period.
“A move like TONIC’s, 100x in 20 minutes, isn’t a volatility event a wider TWAP window would smooth over. It’s a signal the asset shouldn’t have been usable as collateral at any meaningful size in the first place.”
Thin collateral has caused similar DeFi attacks Tectonic’s reported attack followed an $8.7 million Moonwell exploit on Base on Aug. 27. Security firms said the Moonwell attacker manipulated the collateral value of the relatively illiquid MAMO token before borrowing cbBTC from the protocol’s mBTC market.
Following the incident, Moonwell lowered borrow caps across its Base Core Markets to 1 wei, effectively preventing new loans. It also reduced the supply caps for MAMO and WELL to 1 wei while investigating the transactions.
Kazmierczak compared Tectonic with Mango Markets and Moola Market, two protocols targeted through variations of inflated collateral pricing in October 2022. Mango Markets lost more than $100 million after Avraham Eisenberg increased the value of positions linked to the thinly traded MNGO token and borrowed other assets against them.
The Mango case also provides a U.S. legal example of how difficult it can be to apply existing fraud and commodities laws to automated lending systems. A Manhattan jury convicted Eisenberg in 2024 of commodities fraud, commodities manipulation and wire fraud, but a federal judge vacated the convictions in May 2025 over venue problems and insufficient evidence supporting the wire fraud count.
According to Kazmierczak, protocols repeatedly expose themselves to such attacks because listing a native governance token as collateral can increase its use and help attract deposits. The cost of weak settings may remain hidden until someone tests how the lending market responds to a manipulated token price.
He placed primary responsibility on risk curators and other service providers tasked with setting and maintaining collateral parameters, working alongside protocol developers and oracle providers. Governance participants may approve an asset listing, Kazmierczak said, but many voters lack the market-structure knowledge needed to judge liquidity and price-impact risks.
Cronos restored the chain to its pre-exploit state Cronos has since restarted network operations after validators restored the blockchain to a point before the Tectonic incident. The network described the halt as an emergency action agreed through validator consensus to protect users.
Restoring the earlier chain state removed transactions recorded after the chosen rollback point from the restarted version of Cronos. Crypto.com CEO Kris Marszalek said the company’s centralized app and exchange continued to operate during the halt and that funds held through those services were unaffected.
Tectonic had asked users not to interact with the lending protocol while its team investigated the incident. Cronos has not published the technical process validators used to select and approve the restored state, while the promised postmortem is expected to address the attack, the emergency halt, and the subsequent restart.
Na HDFC Bank byla podána hromadná žaloba kvůli podezření z podvodů s cennými papíry a nelegálních praktik. Investoři mají čas do 13. října 2026 na podání žádosti o jmenování hlavním žalobcem.
NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against HDFC Bank Limited (“HDFC” or the “Company”) (NYSE: HDB). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
The class action concerns whether HDFC and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until October 13, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired HDFC securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
On March 18, 2026, during U.S. market hours, HDFC filed a letter with the Bombay Stock Exchange and the National Stock Exchange of India Limited, reporting the resignation of Mr. Atanu Chakraborty from his roles as part-time Chairman and Independent Director of HDFC. The Company’s letter attached Mr. Chakraborty’s resignation letter, which stated that “[c]ertain happenings and practices within the bank, that I have observed over last two years, are not in congruence with my personal Values and Ethics. This is the basis of my aforementioned decision.”
On this news, the price of HDFC’s American Depositary Shares (“ADS”) fell $2.09, or 7.28% to close at $26.62 per share on March 18, 2026, on unusually heavy trading volume.
On May 27, 2026, before the market opened, The Indian Express published an article entitled “HDFC Bank ‘camouflaged’ crores as marketing spend to pay higher interest to state firm.” The article reported that HDFC Bank had made covert payments of approximately “Rs 45 crore,” or approximately $4.7 million USD, to the Maharashtra State Road Development Corporation (“MSRDC”) to induce MSRDC to make large deposits with the Company. The Company offered 6.01% interest to MSRDC, a 2.51% markup over the interest offered to other savings accounts, and paid that markup by “disguis[ing] [it] as sponsorship payments for a road safety awareness campaign run by MSRDC.” Reportedly, an internal probe in March and April 2026 concluded that over ten top officials bore responsibility, including HDFC’s CEO Sashidhar Jagdishan.
On this news, HDFC’s ADS price fell $1.02, or 4.11%, to close at $23.78 per ADS on May 27, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
RTX (RTX -1.24%) is one of the world's largest defense companies by revenue, and it's posting strong sales and earnings growth amid a tense geopolitical backdrop and rising military spending. The company's revenue rose 14% year over year to $24.7 billion in the second quarter, and non-GAAP (generally accepted accounting principles) adjusted earnings per share increased 21% to $1.89.
Strikingly, the company's backlog -- deals that have been signed but not yet delivered or recorded as revenue -- increased by 22% compared to the prior-year period, reaching $289 billion. But while RTX's massive backlog is undeniably impressive, its composition might not be what you would expect.
Image source: Getty Images.
RTX isn't just a defense leader. The company also operates a commercial aerospace division, which accounted for 48% of overall revenue in its last fiscal year.
As of the company's second-quarter report, roughly 60% of its $289 billion backlog was orders for its commercial aerospace business -- with the remaining 40% coming from defense orders. The key takeaway here is that RTX's order book is actually meaningfully diversified, and the backlog suggests a strong sales outlook in the coming years.
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Its backlog is likely even stronger than reported for Q2, with the company recently announcing it had secured a seven-year contract to provide Tomahawk cruise missiles to the U.S. military. The contract is worth $22.9 billion over the stretch.
RTX's latest guidance update calls for sales to come in between $95 billion and $96 billion this year. With the company's backlog showing a robust order pipeline and catalysts that could continue to push defense orders higher, the business has solid foundations and an encouraging growth outlook.
Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends RTX. The Motley Fool has a disclosure policy.
Na společnost Intuit byla podána hromadná žaloba kvůli údajným zavádějícím tvrzením o růstu a síle byznysu, zejména TurboTax. Firma zároveň přiznala slabší daňové tržby a snížila výhled růstu TurboTax na 7 %.
NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Intuit Inc. (“Intuit” or the “Company”) (NASDAQ: INTU) and certain officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 26-cv-07086, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Intuit securities between August 22, 2025 and May 20, 2026, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are an investor who purchased or otherwise acquired Intuit securities during the Class Period, you have until September 8, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
Intuit provides financial management, payments and capital, compliance, and marketing products and services in the United States. The Company has four reportable business segments: (i) Global Business Solutions; (ii) Consumer; (iii) Credit Karma; and (iv) ProTax. Intuit’s Consumer segment provides do-it-yourself (“DIY”) and assisted income tax preparation products and services under the “TurboTax” brand name, whereas its ProTax segment provides tax-preparation software products and electronic tax filing, payment, and related products and services. The Company sells its products and services through direct sales channels, multichannel shop-and-buy experiences, mobile application stores, and partner and other channels.
At all relevant times, Defendants touted purportedly significant “momentum” across Intuit’s various business segments, particularly with respect to its tax-related business. Defendants attributed this purported “momentum” to, inter alia, Intuit’s purportedly significant competitive advantages, including integration of artificial intelligence (“AI”) in its business and operations.
For example, in August 2025, Defendants provided financial guidance for Intuit’s fiscal full year (“FY”) of 2026, ended July 31, 2026, including 8% revenue growth in its TurboTax business, citing “outstanding execution across our platform” and “breakthrough adoption in assisted tax” as a result of the aforementioned purported competitive advantages.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) they had overstated Intuit’s competitive advantages and growth, as well as the overall strength and sustainability of its business model and operations; (ii) in reality, Intuit was losing significant business in its tax-related business, particularly in its TurboTax business, as a result of, inter alia, increasing competitive and pricing pressures; (iii) accordingly, Intuit’s previously issued FY 2026 TurboTax revenue growth guidance was unreliable and/or unrealistic; and (iv) as a result, Defendants’ public statements were materially false and misleading at all relevant times.
The truth began to emerge on May 20, 2026, when, during pre-market hours, Reuters published an article entitled “Intuit to cut 17% of global jobs to streamline operations, memo shows”. Citing an internal Company memorandum and email from Defendant Sasan K. Goodarzi (“Goodarzi”), Intuit’s Chairman and Chief Executive Officer, to staff earlier in the day, the article reported that “Intuit . . . is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus on its key bets including its AI efforts[.]” The article further revealed that Intuit “is also winding down its Reno and Woodland Hills offices as part of a strategic restructuring to consolidate teams in key hubs, according to the memo.”
On this news, Intuit’s stock price fell $15.78 per share, or 3.95%, to close at $383.93 per share on May 20, 2026.
The same day, during post-market hours, Intuit issued a press release announcing its fiscal third quarter (“Q3”) 2026 results. Therein, Defendants reported weak Q3 2026 tax season revenue, including, inter alia, TurboTax revenue that grew by only 7% year-over-year, versus consensus estimates of at least 8% revenue growth. During the accompanying earnings call held the same day, also during post-market hours, Defendant Sandeep S. Aujla, Intuit’s Executive Vice President and Chief Financial Officer, acknowledged that, with respect to TurboTax, “we did not have the overall tax season we expected[.]” On the same call, Defendant Goodarzi likewise stated that he was “dissatisfied with our performance”, noting “[w]e faced pressure among the most price-sensitive DIY filers earning less than $50,000 a year”, and that “[w]e lost on price.” Defendant Goodarzi also revealed that TurboTax online paying units were expected to grow by only 2% as total Internal Revenue Service filers were expected to decline by approximately 30 basis points, representing the “most significant industry-wide contraction since the post-COVID tax season.” Accordingly, Defendant Goodarzi acknowledged that “we expect TurboTax to grow 7% for the full year”—down from Defendants’ prior guidance of 8% growth—and that, “[t]o reaccelerate this part of our business,” Defendants will need to “evolve our business model by delivering the right lineups and price points to meet simple filers’ needs at the low end and lean into the power of our broader Consumer platform to monetize beyond tax.”
Following these disclosures, Intuit’s stock price fell $76.86 per share, or 20.02%, to close at $307.07 per share on May 21, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Palo Alto Networks oznámila za 4. čtvrtletí výnosy 3,41 miliardy USD a upravený EPS 1,02 USD, obojí nad odhady. Výhled výnosů na 1. čtvrtletí i FY27 také překonal očekávání.
Live 4 updates · Last at 4:44pm ET Updates appear automatically.
By Thomas Richmond · Updated Sep 1, 4:44pm ET · Published Sep 1, 2:35pm ET
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That wraps up our initial coverage of Palo Alto’s Q4 results. Thank you for stopping by!
Palo Alto Networks just reported earnings with shares initially up 6% following the report. Here are the key numbers:
Revenue: $3.41 billion vs. $3.35 billion expected Adjusted EPS: $1.02 vs. $0.98 expected NGS ARR: $9.10 billion, up 63% year over year Free Cash Flow: $1.3 billion Guidance:
Q1 Revenue: $3.30 billion to $3.31 billion vs. $3.22 billion expected Q1 EPS: $0.96 to $0.98 FY27 Revenue: $14.10 billion to $14.20 billion vs. $13.83 billion expected FY27 EPS: $4.16 to $4.19 Quick Read:
Beat-and-raise across the board: Palo Alto topped Q4 revenue and EPS estimates while both Q1 and full-year revenue guidance came in ahead of Wall Street expectations. NGS growth is the standout: NGS ARR surged 63% to $9.10 billion, with nearly $1 billion of net new ARR added during Q4, reinforcing the company’s AI and platformization growth story.
Consensus for Q4 sits at on in revenue, essentially matching management’s own range. The real event is the first FY27 outlook.
Wall Street currently models in FY27 revenue, with EPS estimates trimmed to from ninety days ago on .
CEO Nikesh Arora has beaten and raised for five straight quarters, so a conservative guide is baked in.
Bullish scenario: FY27 revenue above $14B, NGS ARR growth above 40%, and FCF margin tracking toward the target early.
Bearish scenario: revenue below $13.5B, Q1 EPS under consensus, or FCF margin stalling at . With shares already off intraday, the guide dictates the next leg.
Palo Alto Networks reports Q4 FY26 earnings after the bell, with Wall Street focused on $3.35 billion in revenue and adjusted EPS guidance of $0.96-$0.98.
The bigger number may be Next-Generation Security ARR. Management guided for $8.90 billion to $8.95 billion, representing 59-60% growth, with investors watching closely for CyberArk’s contribution.
Expectations are high. Palo Alto shares have roughly doubled year to date as investors bet on platformization, AI security demand, and a longer-term path toward 40% free cash flow margins. Yet each of the company’s last three earnings beats was followed by a negative day-of stock reaction.
A clean beat and strong FY27 outlook could validate the rally. Any softness in NGS ARR or cautious forward guidance could quickly put the stock’s premium valuation under pressure.
This article is updated throughout the trading day. Check back for more.
Full CoverageThe story so far
Palo Alto Networks (NASDAQ:PANW | PANW Price Prediction) reports fiscal Q4 2026 results today at 4:05 PM ET. Shares have climbed 89.18% year to date, but the stock is down 5.67% intraday.
Momentum Meets a Premium Setup Q3 delivered revenue of $3.002 billion, up 31.15% year over year, and non-GAAP EPS of $0.85, beating by 6.65% and extending the streak to five quarters.
NGS ARR reached $8.13 billion, up 60%, while trailing 12-month adjusted free cash flow margin ran at 38.5%, a 430 basis point improvement. CEO Nikesh Arora called Q3 “a record quarter,” citing accelerating organic bookings as customers race to secure AI deployments. Shares now trade at $359.66 against a forward P/E of 93, so high expectations are already priced in.
Consensus Estimates Metric Q4 FY26 Estimate YoY Change FY26 Estimate FY27 Estimate Revenue $3.35B +32% $11.42B $13.84B EPS (Non-GAAP) $0.9777 +10% $3.7754 $1.9418 Revisions skew sharply positive, with 40 upward Q4 EPS revisions in the trailing 30 days against one downward. FY27 EPS, however, has been reset from $2.33 ninety days ago to $1.94 as acquisition dilution flows through models.
What I’m Watching Tonight: NGS ARR, AI Security Traction, and FY27 Framing Tonight, I’ll be watching whether NGS ARR lands inside guidance, and how much came from organic growth versus acquisitions. Q3 organic NGS ARR grew 28% against the 60% reported figure, so the split shapes the growth narrative.
I’ll be tracking Prisma AIRS after customer count expanded to more than 300 in Q3 from 100 at the end of Q2, with $100 million ARR in sight. XIM ended Q3 at $600 million ARR across 740 customers, validating the AI security thesis.
Analysts will also focus on CyberArk profitability convergence, which management said is running 3-6 months ahead of the original 12-18 month timeline. The path to 40% adjusted FCF margin by FY28 hinges on that work.
Management also flagged FY27 segment disclosures across Network Security, Cortex, and Identity. Initial FY27 framing will reset the debate. Rising memory and storage costs, plus $517 million in Q3 share-based compensation, are also items to watch.
Earnings History Table Quarter EPS Surprise Day-of Move 1-Week Move 30-Day Move Q3 FY26 +6.65% -5.64% -6.14% +20.19% Q2 FY26 +9.70% -6.82% -4.93% +6.96% Q1 FY26 +4.35% -7.42% +2.73% +1.65% Q4 FY25 +6.74% +3.06% +1.47% +14.67% On average, shares moved -1.14% one week after earnings over the past year.
Contact [email protected] for any questions or corrections.
Thomas Richmond
Thomas Richmond is a financial writer and content strategist with 5+ years of experience covering stocks and financial markets. He has published over 250 articles focused on individual stock analysis, helping investors better understand business fundamentals, stock valuations, and long-term opportunities.
Thomas previously served as a Content Lead at TIKR, a stock research platform, where he helped scale the company’s blog to hundreds of articles per month and contributed to a weekly newsletter reaching more than 100,000 investors.
He specializes in breaking down complex companies into clear, actionable insights for everyday investors, with a focus on fundamentals-driven research.
His work has also been featured on platforms including Seeking Alpha and Sure Dividend.
Outside of work, Thomas enjoys weight lifting and soccer.
Palo Alto Networks oznámila akvizici Console, AI-native platformy pro agentní funkce. Má posílit Cortex a automatizovat práci se signály, prioritami i zásahy.
Transforming how customers benefit from agentic-driven workflows that are purpose-built for the AI era
, /PRNewswire/ -- Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, today announced it has acquired Console, an AI-native platform that enables agentic capabilities. Console is designed to help organizations apply AI-driven analysis and action across their enterprise operations, giving organizations the force multiplier they need to resolve alerts, issues, and requests at machine speed.
As AI reshapes the threat landscape, organizations need a security platform that can operate with speed, context, and operational discipline. Console will help advance this vision by deepening our agentic capabilities in Cortex®, supporting teams as they investigate signals, prioritize work, and take action across their environment.
Nikesh Arora, Chairman and CEO, Palo Alto Networks
"Security operations can no longer be about managing dashboards and queuing tickets just to help humans work faster. By bringing Console into Palo Alto Networks, our customers can have a direct conversation with data and build agentic workflows in natural language that helps alert and remediate issues automatically. This is the shift to software-as-an-agent, giving our platform the arms and legs to deliver autonomous security outcomes across the entire enterprise."
Andrei Serban, Co-Founder and CEO, Console
"We built Console around a simple idea: people should be able to express an operational goal, and intelligent software should handle the complexity required to achieve it. Our customers have already proven that agents can dramatically slash overhead and transform their business. Joining Palo Alto Networks gives our team the security expertise, platform foundation, and global scale to bring that vision to the world's largest enterprises. Together, we can make agentic operations faster to adopt, safer to govern, and far more consequential."
Follow Palo Alto Networks on X, LinkedIn, Facebook and Instagram.
About Palo Alto Networks
Palo Alto Networks (NASDAQ: PANW), the global AI cybersecurity leader, protects our digital way of life with a comprehensive portfolio of cybersecurity solutions and platforms across Network, Cloud, Security Operations, AI and Identity. Trusted by 70,000+ customers and powered by Unit 42 threat intelligence, our AI-driven platforms eliminate complexity, empowering enterprises to modernize with confidence and securing the speed of innovation. Explore the future of security at www.paloaltonetworks.com.
Palo Alto Networks and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners. Any unreleased services or features (and any services or features not generally available to customers) referenced in this or other press releases or public statements are not currently available (or are not yet generally available to customers) and may not be delivered when expected or at all. Customers who purchase Palo Alto Networks applications should make their purchase decisions based on services and features currently generally available.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks, uncertainties, and assumptions, including, but not limited to, statements regarding the anticipated benefits and impact of the acquisition of Console on Palo Alto Networks, Console and their customers. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including, but not limited to: the effect of the announcement of the acquisition on the parties' commercial relationships and workforce; significant and/or unanticipated difficulties, liabilities or expenditures relating to acquisition, risks related to disruption of management time from ongoing business operations due to the acquisition and the ongoing integration of other recent acquisitions; our ability to effectively operate Console's operations and business, integrate Console's business and products into our products, and realize the anticipated synergies in the transaction in a timely manner or at all; changes in the fair value of our contingent consideration liability associated with acquisitions or the fair value of our convertible senior notes and capped call transactions; developments and changes in general market, political, economic and business conditions; failure of our platformization product offerings; risks associated with managing our growth; risks associated with new product, subscription and support offerings; shifts in priorities or delays in the development or release of new product or subscription or other offerings or the failure to timely develop and achieve market acceptance of new products and subscriptions, as well as existing products, subscriptions and support offerings; failure of our product offerings or business strategies in general; defects, errors, or vulnerabilities in our products, subscriptions or support offerings; our customers' purchasing decisions and the length of sales cycles; our ability to attract and retain new customers; developments and changes in general market, political, economic, and business conditions; our competition; our ability to acquire and integrate other companies, products, or technologies in a successful manner; our debt repayment obligations; and our share repurchase program, which may not be fully consummated or enhance shareholder value, and any share repurchases which could affect the price of our common stock.
Additional risks and uncertainties that could affect our financial results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Quarterly Report on Form 10-Q filed with the SEC on June 2, 2026, which is available on our website at investors.paloaltonetworks.com and on the SEC's website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
Root a Carvana prodloužily exkluzivní embedded pojišťovací partnerství minimálně do srpna 2028. Společný produkt od roku 2022 překonal 200 000 prodaných pojistek.
COLUMBUS, Ohio, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Root (NASDAQ: ROOT), the leading technology company in car insurance, today announced the extension of its exclusive embedded partnership with Carvana (NYSE: CVNA).
Root and Carvana launched Carvana Insurance Built with Root, their inaugural embedded insurance product, in 2022, creating an industry-first seamless, fully integrated experience that brings personalized insurance directly into the car-buying journey.
The result redefined the purchase experience for customers, creating a simpler, faster, more intuitive way to buy both a car and insurance. In less than four years, the partnership surpassed 200,000 policies sold. Carvana Insurance Built with Root combines Carvana’s leading customer experience with Root’s world-class data science platform. Together, the companies created an industry-first, 3-click insurance purchase at the point of sale that removes friction from a traditionally complex process.
“The program results, paired with this renewal, demonstrate the power of giving customers exactly what they want: easy, simple insurance—something this program uniquely delivers,” said Alex Timm, Founder & CEO of Root Insurance. “We’re so excited about what this means for today’s car shoppers and how they can finally have a delightful purchase experience.”
This agreement extends the partnership to at least August 2028. As both companies continue to innovate across the automotive and insurance landscapes, this partnership stands as a bold example of how deeply aligned, technology-enabled collaborations can redefine customer experiences.
About Root, Inc.
Root Insurance is a technology company revolutionizing car insurance through data science and automation. Founded in 2015 and based in Columbus, Ohio, Root, Inc. (NASDAQ: ROOT) is the parent company of Root Insurance Company. The Root app has reached more than 18 million downloads and has analyzed more than 37 billion miles of driving data to deliver personalized, easy, and fair pricing. For more information, visit root.com.
Root Insurance Company and Root Property & Casualty Insurance Company are headquartered in Columbus, Ohio, with renters insurance available through Root Insurance Company in Arkansas, Georgia, Kentucky, Missouri, Nevada, New Mexico, Ohio, Tennessee, and Utah. Root Insurance is active in 37 markets for auto insurance: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, and Wisconsin. Business is underwritten by Root Insurance Company and/or Root Property & Casualty Insurance Company depending on the market. In Texas, we also write business as a Managing General Agent, underwritten by Redpoint County Mutual Insurance Company. Carvana Insurance built with Root is exclusively offered, subject to limited exceptions, in the states where Root writes insurance, except New Jersey.
Root. Inc, Forward-Looking Statements
This press release contains forward-looking statements within the meaning of federal securities laws regarding Root, Inc. These forward-looking statements relate to, among other things, expectations about our future business results, including our ability to maintain, and drive a significant long-term competitive advantage through, our partnership with Carvana. Statements such as “guidance”, “expect”, “anticipate”, “strong”, “believe”, “intend”, “goal”, “objective”, “target”, “position”, “potential”, “will”, “may”, “would”, “should”, “can”, “deliver”, “accelerate”, “enable”, “estimate”, “projects”, “outlook”, “opportunity”, “expansion”, “creation” or similar words, as well as specific projections of future events or results qualify as forward-looking statements.. Such forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the company's control and are difficult to predict. We have based our forward-looking statements on our current expectations, estimates and projections about our industry and our company. We caution that these statements are not guarantees of future performance and you should not rely unduly on them, as they involve risks, uncertainties and assumptions that we cannot predict and many of which are beyond our control. Accordingly, our actual results may differ materially from the future performance that we have expressed or forecast in our forward-looking statements. In accordance with "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, we have included in Root's Form 10-K for the year ended Dec. 31, 2025, and other SEC filings, cautionary language identifying important factors, though not necessarily all such factors, that could cause future outcomes to differ materially from those set forth in the forward-looking statements. Copies of Root's Form 10-K and other SEC filings are available on the SEC's website, Root's website at ir.joinroot.com/investor-relations, or by contacting Root's Investor Relations office.
Dell zvýšil výhled na fiskální rok 2027 díky síle AI serverů a nyní čeká tržby 192 miliard USD a upravený zisk na akcii 25,50 USD. Akcie po zveřejnění výsledků v prodlouženém obchodování stouply o 9 %.
Dell Technologies shares moved 9% higher in extended trading on Tuesday after the computer maker reported results and a forecast that easily cleared Wall Street expectations.
Here's how the company did relative to LSEG consensus:
Earnings per share: $7.04 adjusted vs. $4.92 expectedRevenue: $46.97 billion vs. $44.92 billion expectedRevenue came in higher than every estimate, growing about 58% year over year for the fiscal second quarter, which ended on July 31, according to a statement. Net income of $4.13 billion, or $6.34 per share, increased from $1.16 billion, or $1.70 per share, in the same quarter a year ago. Adjusted earnings exclude impact from stock-based compensation.
For the fiscal third quarter, Dell called for $6.50 in adjusted earnings per share on $49.0 billion in revenue, which implies 81% growth. Analysts polled by LSEG had anticipated $4.49 per share and $41.42 billion in revenue.
Dell ratcheted up its full-year view. The company now sees $25.50 in adjusted earnings per share on $192 billion in revenue. Analysts surveyed by LSEG were expecting $18.92 per share and $172.67 billion in revenue. As of May, the company's 2027 guidance included $17.90 in adjusted earnings per share, with $165 billion to $169 billion in revenue.
Price increases brought on by climbing input costs factor in to the elevated revenue guidance, Jeff Clarke, Dell's operating chief, said on a conference call with analysts.
As of Tuesday's close, Dell shares had gained 236% year to date, while the wider S&P 500 index is up 11% over the same period. The stock has become a popular choice for investors who want to bet on the continuing growth of artificial intelligence infrastructure. In July President Trump, who has bought Dell shares since returning to office last year, again recommended buying Dell computers.
Michael Dell, the company's founder, chairman and CEO, is now the world's fifth richest person, according to Bloomberg calculations.
"There's an old Texas saying I may have just made up...," Michael Dell posted on X after the results became available. "If you keep growing EPS 200%+ y/y something good will happen."
The company's Infrastructure Solutions Group targeting data center hardware posted $31.78 billion in fiscal second-quarter revenue, up 89% and more than the $29.61 billion consensus among analysts polled by StreetAccount. In that segment, Dell generated $16.40 billion in revenue from AI-optimized servers. The sum was above StreetAccount's $16.07 billion consensus.
Storage revenue, at $4.85 billion, went up almost 26%. Revenue from traditional servers and networking equipment jumped 122% to $10.53 billion.
"We are seeing a growing trend of customers that require meaningful CPU compute capacity to support AI and agentic workflows," Clarke said. "These workloads are creating incremental demand for traditional servers."
Dell's Client Solutions Group, which sells PCs and accessories to consumers and commercial clients, contributed $15.03 billion in revenue. The number was up 20% but slightly lower than StreetAccount's $15.08 billion consensus.
"One of the things that we did earlier this year is we saw the PC market showing signs of softening in the second half," Clarke said. "We optimized the bits and bytes we have towards the infrastructure business."
During the quarter, Dell received a $9.7 billion contract to provide software to the U.S. military, and AI-centric cloud infrastructure provider Iren said it agreed to buy $1.6 billion in Dell hardware, including servers that contain Nvidia chips.
Dell now foresees $74 billion in AI-optimized server sales for the fiscal year, which would be up 200%. Just six months ago, the company had predicted 103% growth.
Dell Technologies Inc. (NYSE:DELL) posted its fiscal year 2027 second-quarter results after Tuesday’s closing bell, beating expectations across the board. Here’s a look at the details inside the report.
DELL stock is moving. Watch the price action here. Dell Q2 Details
Dell Technologies reported an adjusted/non-GAAP diluted EPS of $7.04 per share, which blew past the consensus estimate of $4.91 by 43.38%.
Quarterly revenue came in at $46.97 billion, which beat the Street estimate of $44.95 billion and was up from $29.78 billion in the same period last year.
Dell reported the following second-quarter segment results:
Infrastructure Solutions Group (ISG)
Record revenue: $31.8 billion, up 89% year-over-year Record AI-Optimized Servers revenue: $16.4 billion, up 100% year-over-year Record Traditional Servers and Networking revenue: $10.5 billion, up 122% year-over-year Record second-quarter Storage revenue: $4.9 billion, up 26% year-over-year Record operating income: $4.8 billion, up 225% year-over-year Client Solutions Group (CSG)
Revenue: $15 billion, up 20% year over year Record Commercial Client revenue: $13.2 billion, up 22% year-over-year Consumer revenue: $1.8 billion, up 7% year-over-year Operating income: $1.1 billion, up 42% year-over-year “IT environments have shifted from cost centers to value drivers that fuel growth and competitive advantage, and customers are investing accordingly — creating opportunity across our portfolio,” said COO Jeff Clarke.
“That’s clearest in our AI server business where we booked a record $60.9 billion in orders, recognized a record $16.4 billion in revenue and exited the quarter with a record $95 billion backlog,” Clarke added.
Read Next
Looking AheadDell expects third-quarter adjusted EPS of $6.50, versus the $4.49 analyst estimate, and revenue of $49 billion, versus the $41.43 billion estimate.
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DELL Stock Price: According to data from Benzinga Pro, Dell stock was up 8.47% to $461 in Tuesday’s extended trading.
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Chipotle Mexican Grill oznámí hospodářské výsledky za 3. čtvrtletí 2026 28. října a následně uspořádá konferenční hovor. Současně zveřejní i aktualizaci výhledu podnikání za dosavadní 4. čtvrtletí.
, /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) will host a conference call on Wednesday, October 28, 2026, at 4:30 p.m. ET to discuss third quarter 2026 financial results and provide a business update for the fourth quarter to date.
A press release with third quarter financial results will be issued at approximately 4:10 p.m. ET on Wednesday, October 28, 2026.
Participants can join the conference call by dialing 1-888-317-6003 and will be prompted to enter the code 6029014. International callers can dial 1-412-317-6061 and will be prompted to enter the code 6029014.
The call will also be webcast live from the company's website on the investor relations page at ir.chipotle.com, and registration is available at https://app.webinar.net/eoKjwMGDP7l. An archived webcast will be available approximately one hour after the end of the call.
ABOUT CHIPOTLE
Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. There are over 4,200 restaurants as of June 30, 2026, in the United States, Canada, the United Kingdom, France, Germany, and the Middle East and it is the only restaurant company of its size that owns and operates all its restaurants in the United States, Canada and Europe. With nearly 140,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. For more information or to place an order online, visit chipotle.com.
UBS uvedla, že Cheniere Energy může letos znovu zvýšit výhled objemu pro rok 2026, který už nyní činí 53 až 54 milionů tun ročně. Akcie během dne klesly o 1,43 %.
Management guided 2026 volumes to 53 to 54 MTPA, with a third of the increase from Stage 3 Summary
UBS reiterated Buy on Cheniere with a $340 target, saying management could raise 2026 volume guidance again before year-end.
UBS reiterated a Buy rating and $340 price target on Cheniere Energy LNG, pointing to a record of delivering projects on time and on budget. Shares were down 1.43% intraday.
The company told investors on its second quarter call that roughly a third of the increase in its revised 2026 volume guidance of 53 to 54 million tonnes per annum came from the Stage 3 ramp, with trains starting earlier than planned. UBS said that revision only modestly reflected the benefit, and that management could lift guidance again before year-end.
UBS described global LNG as undersupplied, citing extended downtime at a major Qatari facility and a widening spread between European TTF and US Henry Hub prices. The firm said Cheniere's ability to accelerate project start-ups represents a competitive advantage.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Pomerantz LLP vyšetřuje EHang kvůli možnému porušení zákonů o cenných papírech po oznámení neauditovaných finančních výsledků za 2. čtvrtletí 2026 dne 25. srpna 2026. Tržby činily 11,48 milionu USD, meziročně klesly o 31,3 % a zaostaly za odhadem 16,62 milionu USD.
NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of EHang Holdings Limited (“EHang” or the “Company”) (NASDAQ: EH). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether EHang and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On August 25, 2026, EHang issued a press release “announc[ing] its unaudited financial results for the second quarter of 2026. Among other items, EHang disclosed revenue of only $11.48 million, representing a 31.3% year-over-year decline and missing the $16.62 million consensus estimate. EHang’s management advised investors that “a major accident involving a piloted light-sport aircraft in China prompted greater caution around low-altitude aviation safety regulation and affected the pace of passenger commercial operation approvals in certain regions.”
On this news, EHang’s American Depositary Share (“ADS”) price fell $0.37, or 7.12%, to close at $4.83 per ADS on August 25, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
MSC Income Fund dokončil soukromé umístění dluhopisů za 150 mil. USD s fixním úrokem 6,83 % ročně a splatností 30. září 2029. Výnos použije na splacení dluhu splatného 30. října 2026.
, /PRNewswire/ -- MSC Income Fund, Inc. (NYSE: MSIF) ("MSC Income" or the "Fund") is pleased to announce the closing of a private notes offering totaling $150.0 million in aggregate principal amount (the "Notes"). The Notes are unsecured and bear interest at a fixed rate of 6.83% per year, payable semiannually, mature on September 30, 2029 and may be redeemed in whole or in part at any time or from time to time at MSC Income's option at par plus accrued interest to the prepayment date and, if applicable, a make-whole premium. The Notes will be issued in two separate closings. The initial issuance of $75.0 million of Notes closed today, and the Fund will issue the remaining $75.0 million of Notes in October 2026, subject to customary closing conditions.
MSC Income intends to use the net proceeds from this offering to repay the $150.0 million of outstanding 4.04% Series A Senior Notes due 2026 on or before their maturity on October 30, 2026. Pending such use, MSC Income intends to repay a portion of the outstanding debt borrowed under its floating rate multi-year revolving credit facility (the "Corporate Facility") and its special purpose vehicle revolving credit facility (the "SPV Facility" and, together with the Corporate Facility, the "Credit Facilities") and then, through re-borrowing under its Credit Facilities, to fund investments in accordance with its investment objective and strategies, to pay operating expenses and other cash obligations and for general corporate purposes.
The Notes have not been and will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or a solicitation of an offer to purchase the Notes or any other securities and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
ABOUT MSC INCOME FUND, INC.
The Fund (www.mscincomefund.com) is a principal investment firm that primarily provides debt capital to private companies owned by or in the process of being acquired by a private equity fund. The Fund's portfolio investments are typically made to support leveraged buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. The Fund seeks to partner with private equity fund sponsors and primarily invests in secured debt investments within its private loan investment strategy. The Fund also maintains a portfolio of customized long-term debt and equity investments in lower middle market companies, and through those investments, the Fund has partnered with entrepreneurs, business owners and management teams in co-investments with Main Street Capital Corporation (NYSE: MAIN) ("Main Street") utilizing the customized "one-stop" debt and equity financing solutions provided in Main Street's lower middle market investment strategy. The Fund's private loan portfolio companies generally have annual revenues between $25 million and $500 million. The Fund's lower middle market portfolio companies generally have annual revenues between $10 million and $150 million.
ABOUT MSC ADVISER I, LLC
MSC Adviser I, LLC ("MSCA") is a wholly-owned subsidiary of Main Street that is registered as an investment adviser under the Investment Advisers Act of 1940, as amended. MSCA serves as the investment adviser and administrator of the Fund in addition to several other advisory clients.
FORWARD-LOOKING STATEMENTS
This news release may contain certain forward-looking statements, including but not limited to the availability of future financing capacity under the Fund's Credit Facilities. Any such statements other than statements of historical fact are likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under the Fund's control, and that the Fund may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual performance and results could vary materially from these estimates and projections of the future as a result of a number of factors, including those described from time to time in the Fund's filings with the U.S. Securities and Exchange Commission. Such statements speak only as of the time when made and are based on information available to the Fund as of the date hereof and are qualified in their entirety by this cautionary statement. The Fund assumes no obligation to revise or update any such statement now or in the future.
CNO Financial Group, Inc. (CNO) Discusses Worksite and Medicare Business Strategies and Growth Drivers September 1, 2026 10:00 AM EDT
Company Participants
Adam Auvil - Vice President of Investor Relations & Sustainability
Karen DeToro - President of Worksite Division
Richard Shaffer - Senior Vice President of Small Market Sales & Worksite Insurance Operations
Todd Louer
Liana Castellano
Scott Goldberg - President of Consumer Division
Jeremy Williams - Chief Actuary
Conversation
Adam Auvil
Vice President of Investor Relations & Sustainability
Good morning, and welcome to CNO Financial Group's investor briefing on our Worksite division and Medicare business. I'm Adam Auvil, Vice President of Investor Relations & Sustainability. Thank you for joining us today. These briefings are designed to provide a deeper understanding of CNO and the drivers that support our growth. If you have not watched our prior investor briefings on Investments and the Consumer division, both are available in the Investor Relations section of our website. Today's discussion is grounded in our purpose to secure the future of middle-income America. Both our Worksite & Medicare businesses bring that purpose to life by helping customers navigate important coverage needs with the support of our trusted in-person agents.
Before we begin, I need to cover a few housekeeping items. This morning's presentation is available in the Investors section of our website and was filed today in a Form 8-K. Any forward-looking statements we make today are subject to a number of factors, which may cause actual results to be materially different than those contemplated by the forward-looking statements. Finally, today's presentation contains a number of operating metrics. Certain operating metrics do not have a corresponding GAAP measure, but are presented because management believes they provide useful insight into our business and performance. These metrics should not be considered a substitute for results reported in accordance with GAAP.
Injective uvedl, že po urychleném upgradu byli někteří validátoři dočasně jailed, což vedlo k dočasnému poklesu stakovaného množství, a některé burzy dočasně pozastavily vklady a výběry INJ, ale blockchain i INJ zůstaly během celé akce plně bezpečné a bez výpadku. Urychlený upgrade byl vyvolán útoky na malý počet aplikací pro binární opce v ekosystému Injective.
Injective officials announced that community contributors coordinated an accelerated network upgrade yesterday. As the time required for all validators and ecosystem infrastructure to complete the upgrade exceeded expectations, some validators were temporarily jailed, leading to a temporary dip in the network’s staked amount. Several exchanges also temporarily suspended INJ deposits and withdrawals. Injective stressed that its blockchain network and INJ token remained fully secure throughout the process: the underlying protocol and consensus mechanism were not compromised, user and staked funds suffered no losses or risks, and the network continued processing transactions without any downtime. The official noted that the accelerated upgrade was triggered by attacks on a small number of binary options market applications within the Injective ecosystem. The incident only impacted those applications, and did not exploit the Injective blockchain, protocol, native assets, or consensus mechanism. The attack vector has since been contained and repaired. Injective added that its team is deploying enhanced security mechanisms, real-time monitoring systems, and additional protective measures to identify abnormal activities earlier and reduce the risk of similar incidents recurring.
California Resources Corporation dokončila all-cash akvizici Crimson Midstream Holdings za zhruba 63 milionů USD. Transakce má posílit její energetické portfolio a místní produkci v Kalifornii.
LONG BEACH, Calif., Sept. 01, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today announced the closing of its approximately $63 million all-cash acquisition of Crimson Midstream Holdings, LLC (“Crimson”) from CorEnergy Infrastructure Trust, Inc. The transaction was approved by the California Public Utilities Commission on August 13, 2026. The assets complement CRC’s integrated energy portfolio and will support reliable, more affordable local production in the Golden State.
"As the state’s largest oil producer, the acquisition of this diversified midstream network will enhance our ability to efficiently deliver California-produced barrels directly to the highest-value markets, while increasing operating flexibility and flow assurance across our portfolio,” said Francisco Leon, CRC’s President and Chief Executive Officer. “In addition, Crimson's pipeline corridors add to the broader set of options we'll continue to evaluate as we look at longer-term development of CO2 transportation across California."
Third Quarter 2026 Guidance
The following table provides Crimson G&A expenses and capital investment expectations for the third quarter of 2026, reflecting the September 1, 2026 closing of the Crimson acquisition. CRC plans to update its full-year 2026 guidance in conjunction with its third quarter 2026 earnings release.
3Q26E CRIMSON OUTLOOK3Q26EG&A expenses ($ millions)$1 –$2Capital ($ millions)$1 –$2
*: This table is not intended to represent actual results and remains subject to the completion of accounting, financial close and reporting processes, including but not limited to conforming Crimson’s accounting policies and processes to CRC. Advisors
Jefferies LLC served as financial advisor to CRC. Evercore served as financial advisor to CorEnergy Infrastructure Trust, Inc.
About California Resources Corporation
California Resources Corporation (CRC) is an independent energy and carbon management company advancing the energy transition. CRC is committed to environmental stewardship while safely providing local, responsibly sourced energy. CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions reducing projects. For more information about CRC, please visit crc.com.
About Carbon TerraVault
Carbon TerraVault (CTV), CRC’s carbon management business, is developing services to capture, transport and permanently store CO2 for its customers. CTV is engaged in a series of proposed CCS projects to inject CO2 captured from industrial sources into depleted reservoirs deep underground for permanent sequestration. For more information, visit carbonterravault.com.
Forward-Looking Statements
Information set forth in this communication, including financial estimates and statements as to the effects of the Crimson acquisition, constitute “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other securities laws. All statements other than historical facts are forward-looking statements, and include statements regarding the benefits of the Crimson acquisition, CRC's future financial position, business strategy, projected revenues, earnings, costs, capital expenditures and plans and objectives and intentions of management for the future. Words such as “expect,” “could,” “may,” “anticipate,” “intend,” “plan,” “ability,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “guidance,” “outlook,” “opportunity” or “strategy” or similar expressions are generally intended to identify forward-looking statements. These forward-looking statements are based upon the current beliefs and expectations of the management of CRC and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, projected in, or implied by, such statements.
Although CRC believes the expectations and forecasts reflected in its forward-looking statements are reasonable, they are inherently subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond its control. No assurance can be given that such forward-looking statements will be correct or achieved or that the assumptions are accurate or will not change over time. Particular uncertainties that could cause CRC’s actual results to be materially different than those expressed in its forward-looking statements are described in its most recent Annual Report on Form 10-K and its other periodic filings with the SEC. These factors include, but are not limited to: fluctuations in commodity prices; production levels and/or pricing by OPEC, OPEC+ or U.S. producers; government policy, war and political conditions and events; integration efforts and projected synergies and other benefits in connection with the Crimson acquisition and other acquisitions; divestitures and joint ventures; regulatory actions and changes that affect the oil and gas industry generally and us in particular; the efforts of activists to delay or prevent oil and gas activities or the development of CRC’s carbon management segment; changes in business strategy and the ability and financial resources to execute our capital plan in a timely manner; lower-than-expected production; changes to estimates of reserves and related future cash flows; the recoverability of resources and unexpected geologic conditions; general economic conditions and trends; results from operations and competition in the industries in which it operates; CRC’s ability to realize the anticipated benefits from prior or future efforts to reduce costs; environmental risks and liability; the benefits contemplated by its energy transition strategies and initiatives; CRC’s ability to successfully identify, develop and finance carbon capture and storage projects, power projects and other renewable energy efforts; future dividends and share repurchases and de-leveraging efforts; and natural disasters, accidents, mechanical failures, power outages, labor difficulties, cybersecurity breaches or attacks or other catastrophic events.
CRC cautions you not to place undue reliance on forward-looking statements contained in this document, which speak only as of the date hereof, and CRC is under no obligation, and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking statements, whether as a result of new information, future events or otherwise. This communication may also contain information from third-party sources. This data may involve a number of assumptions and limitations, and CRC has not independently verified them and does not warrant the accuracy or completeness of such third-party information.
CINCINNATI, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or “the Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that its Board of Directors (the “Board”) approved a 6.2% increase to the monthly dividend distributions payable October 1, 2026; November 3, 2026; and December 1, 2026 to stockholders of record as of September 15, 2026; October 15, 2026; and November 16, 2026, respectively.
The Board approved the distribution at a rate of $0.115 per share of the Company’s common stock. When annualized, this is equal to a rate of $1.38 per share, representing an increase of 6.2% over the previous annualized rate of $1.30 per share.
Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding.
Jeff Edison, Chairman and Chief Executive Officer of PECO stated: “Our decision to increase the dividend reflects the continued strength of our cash flows and our commitment to delivering consistent shareholder value. This marks our sixth consecutive annual dividend increase and our third consecutive increase over 5%. This increase underscores our confidence in PECO’s operational execution and long-term growth strategy.”
Connect with PECO
For additional information, please visit https://www.phillipsedison.com/
Follow PECO on:
X at https://x.com/PhillipsEdison
LinkedIn at https://www.linkedin.com/company/phillipsedison&company
About Phillips Edison & Company
Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of June 30, 2026, PECO managed 330 shopping centers, including 302 wholly-owned centers comprising 33.9 million square feet across 31 states and 28 shopping centers owned in three institutional joint ventures. PECO is focused on creating great grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.
PECO uses, and intends to continue to use, its Investors website, which can be found at https://investors.phillipsedison.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.
Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by the Company’s use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” “seek,” “objective,” “goal,” “strategy,” “plan,” “focus,” “priority,” “should,” “could,” “potential,” “possible,” “look forward,” “optimistic,” “commit,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Such statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those projected or anticipated, including the risk factors and other risks and uncertainties described in the Company’s 2025 Annual Report on Form 10-K, filed with the SEC on February 10, 2026, as updated from time to time in the Company’s periodic and/or current reports filed with the SEC, which are accessible on the SEC’s website at www.sec.gov. Except as required by law, the Company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Investors
Kimberly Green, Head of Investor Relations
(513) 692-3399, [email protected]
Union Pacific uvedl, že jeho sloučení s Norfolk Southern vstoupilo do věcné fáze federálního přezkumu a může být uzavřeno ve 3. nebo 4. čtvrtletí 2027. Firma dál čeká 1,8 miliardy USD ročních čistých synergií z příjmů a 1 miliardu USD ročních nákladových synergií.
Buffett Spent 60 Years Ignoring Tech and the Bill Is Coming DueUnion Pacific NYSE: UNP executives said the company is moving into the merits phase of federal review for its proposed merger with Norfolk Southern, expressing confidence that the transaction will satisfy Surface Transportation Board requirements and create customer, safety and financial benefits.
Speaking at a Bernstein fireside chat, Chief Executive Officer Jim Vena said the STB accepted the company’s application and confirmed that the statutory 12-month review clock began when the application was accepted on May 28, 2026. While Vena said Union Pacific would have preferred a faster initial process, he said the company does not view the extended pre-acceptance period as a meaningful signal about the eventual outcome.
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AI Broke the Trucks: 3 Transports to Buy After the AI Panic“We are in the merits review,” Vena said. “The conversation will be focused on data and facts.” He said parties seeking to participate in the proceeding face upcoming filing deadlines, including a November 18 deadline for competing railroads and stakeholders to support their positions with details.
Merger benefits and customer protections Union Pacific said its application projects that the combination would remove 2.1 million truckloads annually from highways, reduce congestion, improve driver safety and generate $3.5 billion in annual shipper savings. The company also said a coast-to-coast single-line railroad would provide faster, more reliable service and introduce new intermodal and manifest products.
2026 Sector Playbook: 3 Sectors Trading Below Fair ValueVena argued that eliminating handoffs between railroads would reduce transit delays, improve equipment utilization and allow the combined company to build freight blocks that travel closer to their final destinations without repeated handling. He said intermodal transfers can add hours of delay compared with crew changes on a single railroad, while carload freight could avoid 24 to 48 hours of handling time in some cases.
The company has also offered a series of commitments designed to address competitive concerns, including expanded Committed Gateway Pricing, protections for certain shippers with limited Class I rail options, additional service-level protections and access to a new rate-relief process. Vena said gateways would remain open, allowing customers to choose routing options involving other carriers.
“The railroad benefit is for us to have a single line haul is we don’t have to hand off,” Vena said. “You change the whole paradigm of what your fixed costs are.”
Chief Financial Officer Jennifer Hamann said the company believes the transaction would create opportunities for customers to access additional markets, including ports and destinations that may be less efficient to reach through current interchange arrangements. She also said faster rail service could improve customers’ freight-car turns and reduce their asset costs.
Financial targets maintained Hamann said Union Pacific continues to expect approximately $1.8 billion in annual net revenue synergies and $1 billion in annual cost synergies from the proposed combination. The estimates have remained consistent despite adjustments made during the company’s late-July filing process, she said.
The company expects to resume share repurchases in the second year following the merger’s closing, return to its leverage targets and maintain strong investment-grade credit ratings. Hamann said the company expects to generate roughly $11.8 billion of cash by the third year after closing.
Based on the STB’s schedule, Union Pacific expects a possible closing in the third or fourth quarter of 2027, Hamann said. She added that having a formal review timetable allows the company to further develop its integration planning.
Canadian National agreement and competitive response Vena also discussed Union Pacific’s agreements with Canadian National, which were announced in late July. He said the arrangements address competitive concentration concerns related to the St. Louis-to-Kansas City route that Union Pacific would acquire through Norfolk Southern, while providing Canadian National access to Kansas City.
The agreement also gives Union Pacific access to Canadian National’s route around Chicago through the Elgin, Joliet & Eastern Railway. Vena said the arrangement could improve network efficiency and create new single-line service opportunities between Canada and Mexico, increasing competition with Canadian Pacific Kansas City.
Vena said Union Pacific remains open to discussions with other railroads but has not identified other parties willing to negotiate comparable agreements. He rejected arguments that partnerships alone could reliably deliver the same benefits as a merger, citing operational disputes involving train lengths, locomotive availability and capital investment priorities.
Addressing objections from shipper associations and rival railroads, Hamann said the company has not heard an argument that it views as a substantial threat to its case. She said Union Pacific’s analysis continues to support its conclusion that the merger serves the public interest through truck-to-rail conversion, consumer savings, safety improvements and expanded single-line service.
Vena added that a more integrated railroad network could also support broader U.S. transportation and national-security needs by moving critical freight more seamlessly across the country.
About Union Pacific (NYSE:UNP)Union Pacific Corporation NYSE: UNP is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.
Union Pacific's core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.
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Binance provedla další měsíční spálení Terra Luna Classic (LUNC) a trvale odstranila 334 879 422 tokenů. Celkově už spálila 87,7 miliardy LUNC a blíží se hranici 90 miliard.
@Binance has executed its latest monthly Terra Luna Classic ($LUNC) burn, permanently removing 334,879,422 tokens from circulation. The burn covers trading fees collected on the exchange during August 2026 and brings Binance's running total to 87.7 billion LUNC destroyed to date.
A Consistent Commitment to Deflation The move is part of Binance's standing policy of burning a portion of LUNC spot and margin trading fees each month, a programme the exchange has maintained since late 2022. The September burn of 334.8 million tokens reflects a month-on-month increase in fee volume, pointing to firmer trading activity in August.
The September contribution pushes that figure to 87.7 billion, closing in on the 90 billion mark.
Supply Reduction in Context While the monthly burns are a visible signal of Binance's support for the Terra Classic deflationary roadmap, analysts caution that the pace of reduction remains slow relative to the overall supply.
The exchange burns run alongside the Terra Classic community's own on-chain mechanism.
Despite that progress,
Sources
CoinReporter: Binance Executes Monthly LUNC Burn, August 2026
CoinMarketCap: Terra Classic Latest Updates
LUNC Metrics: Binance LUNC Burn Tracker
Federated Hermes uzavřel strategické partnerství s Conduit Digital Holdings za účelem spuštění regulované tokenizované distribuce fondu peněžního trhu v APAC. Podkladovým aktivem bude fond Federated Hermes Short-Term U.S. Prime Fund.
Builds on over 50-years of money markets innovation Further evidence of commitment to evolving Digital Assets Product and Strategy Continues growth of APAC product offering following recent announcement of Hong Kong expansion plans , /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced a strategic alliance with Singapore-based Conduit Digital Holdings Pte Ltd, part of the Conduit Group, to support the launch of a regulated tokenized distribution structure in APAC. Under this arrangement, the Conduit-managed investment fund will invest in the Federated Hermes Short-Term U.S. Prime Fund. Shares of the Conduit fund, which provide exposure to the underlying Federated Hermes fund, will then be tokenized and offered to institutional and wholesale investors, in APAC.
For over 50 years, Federated Hermes has been a leader in money market innovation with US$676.9 billion1 in money market assets under management. The Federated Hermes Short-Term U.S. Prime Fund is an actively managed, UCITS-authorized money market fund that aims to provide current income while maintaining daily liquidity and a stable principal value. It invests primarily in high-quality, U.S. dollar-denominated short-term debt instruments like commercial paper and certificates of deposit.
Federated Hermes' strategic alliance with Conduit builds on a series of recent money market initiatives including: an alliance with UK-based Archax, an FCA-regulated digital securities exchange, to provide tokenized access to three UCITS money market funds; participation in an industry-wide, regulated initiative using mirrored tokenization to enhance transferability, collateral utility and real-time tracking of fund shares; and the launch of Federated Hermes' first GENIUS Act-aligned money market fund in the US, designed to support stablecoin reserve use cases, with potential for future tokenization/tokenized share classes.
Federated Hermes' approach to regulated digital assets, tokenization and next-generation investment infrastructure is led by Kevin Barr, who was appointed as Director, Digital Assets Product and Platform Strategy in May 2026.
This announcement represents Federated Hermes' first digital assets initiative in APAC, demonstrating a continued commitment to the growing digital asset ecosystem in the market by enhancing visibility and supporting customer needs through its role as the underlying asset manager to this tokenized offering. Earlier this year, Federated Hermes announced plans to expand its Asia-Pacific footprint - which includes existing offices in Singapore, Tokyo and Sydney - with the opening of a Hong Kong office as part of a long-term growth strategy to deepen relationships with private banks, family offices, wealth intermediaries and institutional investors across the region.
1As of 30 June 2026
Kevin Barr, Director, Digital Assets Product and Platform Strategy at Federated Hermes comments: "We are excited to support innovative cash management solutions that better serve client needs, building on our legacy of innovation in the money market fund space. Vaults represent a compelling evolution in investment management, and we see a significant opportunity to bring our legacy of trust and fiduciary responsibility to this emerging space. We continue to explore on-chain distribution opportunities to enhance flexibility and accessibility, while preserving access to the stability and yield characteristics typically associated with money market funds. Today's announcement reflects our continued commitment to building a larger digital asset presence, leveraging one of our core strengths in liquidity management.
Jim Roland, Head of Business Development, Asia Pacific and Australia at Federated Hermes further added: "Tokenized products represent a new and evolving way to engage with our clients, combining our investment expertise with Conduit's MAS-regulated end-to-end tokenization capabilities and regional distribution network. Our customers in the APAC market are leading worldwide adoption of tokenization, making this strategically important region a highly receptive market the natural choice for the launch our latest digital assets initiative."
Richard Schroder, Co-Founder and CEO of Conduit Digital Holdings commented: "We are delighted to work with Federated Hermes to have their U.S. Prime Fund as the anchor product of the CDH tokenized multicurrency money market offering. We are committed to unlocking the full utility of these tokens - moving beyond simple settlement to enable use as collateral, multicurrency management, and integration into AI agentic treasury management systems. This is where the real efficiency gains for our customers lie, and we are building the infrastructure to make that a reality."
Chris O'Meara, CEO of Conduit Asset Management and Chairman of the Conduit Group, added: "This collaboration with Federated Hermes marks a defining moment for the Conduit Group. Conduit Digital Holdings sits at the heart of our vision for the future of asset management in Asia-Pacific - bringing institutional-grade products onchain through regulated, MAS-licensed infrastructure. As investment manager to the fund, Conduit Asset Management is proud to combine our fiduciary oversight with the strength of an active manager with over 50 years of money market leadership. The Group is fully committed to Conduit Digital Holding's growth, and this launch is only the first step in building the institutional access layer for tokenized real-world assets across the region."
For further information, please contact:
Federated Hermes
[email protected]
Conduit
[email protected]
This is a corporate communication and is not to be construed as a solicitation or an offer to buy or sell any securities in the US. Shares of the fund have not been and will not be registered under the US Securities Act of 1933, as amended (the "1933 Act") or the securities laws of any of the states of the US. The Shares may not be offered or sold directly or indirectly in the US or to or for the account or benefit of any US Person.
About Federated Hermes
Federated Hermes, Inc. (NYSE: FHI) is a global leader in active investment management, with $911.6 billion in assets under management, as of June 30, 2026. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies to more than 11,000 institutions and intermediaries worldwide. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes has more than 2,000 employees in London, New York, Boston and offices worldwide. For more information, visit FederatedHermes.com.
About Conduit Digital Holdings
Conduit Digital Holdings (CDH) is a specialized digital assets firm dedicated to the tokenization of Real-World Assets. By leveraging distributed ledger technology (DLT), we work with investment managers to provide investors with fractional access to high-value assets with enhanced liquidity, automated compliance, and real-time settlement. CDH was created by Conduit Group in Singapore, a leading independent investment and financial services firm.
Website: https://www.conduit.group/
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By Thomas Richmond · Updated Sep 1, 4:51pm ET · Published Sep 1, 3:04pm ET
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That wraps up our initial coverage of MongoDB’s results. Thank you for stopping by!
MongoDB just reported earnings, with shares initially down 13% following the report. Here are the key numbers:
Revenue: $772 million vs. $734 million expected Adjusted EPS: $1.90 vs. $1.61 expected RPO: $1.52 billion, up 91% year over year Atlas Revenue: $566 million, up 29% year over year Guidance:
FY27 Revenue: $3.01 billion vs. $2.96 billion expected FY27 EPS: $6.49 vs. $6.13 expected Quick Read:
A strong beat-and-raise isn’t enough: MongoDB topped revenue and EPS expectations and lifted its full-year outlook above consensus, yet shares initially plunged 13%. Atlas growth remains strong at 29%: With RPO surging 91%, the selloff suggests expectations and valuation were simply extremely high after the stock’s sharp run into earnings, rather than an obvious deterioration in headline fundamentals.
Wall Street models Q2 revenue near and EPS of , sitting right at the top of MongoDB‘s (NASDAQ:MDB) own guide of and . CFO Mike Berry said guidance while staying a framework that produced .
Bullish: FY27 revenue lifted above , Atlas sustained near , and full-year EPS raised above .
Bearish: An unchanged FY27 range, Atlas decelerating below 27%, or a Q3 view soft versus the consensus.
CFO Mike Berry noted Atlas has as it scales. RPO of , up year over year, gives management cover to raise. Anything less than a confident raise risks a repricing.
Ahead of tonight’s MongoDB (NASDAQ:MDB) earnings release, here’s the analyst playbook for the call.
Top 5 Analyst Questions Can Atlas sustain as it laps tougher comps? What is real revenue contribution from Voyage AI, Vector Search, and agent memory? How durable is as forward visibility? Federal traction after the Clarity Business Solutions acquisition? Path to consistent GAAP profitability given stock-based comp? Key Topics Management Must Address Magnitude of the FY27 raise above Enterprise Advanced decline trajectory Progress under CEO CJ Desai and new CPOs Buzzwords to Listen For Rule of 40, agentic AI, unified data platform, consumption trends, mission-critical workloads Red Flags Atlas below 29%, softer Q3 guide, slowing customer adds, or macro caution commentary
Bull Case: Why MongoDB Could Beat and Rally Atlas grew in Q1 with RPO up to , signaling durable forward visibility. Polymarket assigns a probability of a beat, backed by upward EPS revisions and zero cuts in 30 days. Agentic AI wins with Adobe (NASDAQ:ADBE), , and validate Atlas as a scaled AI backend for enterprise workloads. Bear Case: Why the Setup Looks Stretched Shares are up in a month, leaving little margin for error. Q4 FY26 topped estimates by , yet shares plunged on guidance concerns. Q3 FY27 consensus saw downward EPS revisions, hinting at a softer second-half setup. Leadership turnover adds execution risk against elevated expectations.
MongoDB is expected to report Q2 FY27 earnings at 4:05 PM ET, with management guiding for $729-$734 million in revenue. The bigger question is whether Atlas can sustain the roughly 26% growth management has targeted for the quarter.
Expectations have risen sharply. MongoDB shares are up 34.34% over the past month, while Polymarket traders are assigning a 97.1% probability that the company beats expectations.
That makes guidance especially important. A strong quarter accompanied by a raise that pushes FY27 revenue above $2.96 billion would strengthen the case that MongoDB is becoming a major beneficiary of agentic AI and growing database demand.
In Q4 of FY26, MongoDB topped expectations by 12.08%, yet shares still plunged 22.24%. With the stock rallying into tonight’s print, investors will likely demand both strong results and an improving outlook.
This article is updated throughout the trading day. Check back for more.
Full CoverageThe story so far
MongoDB (NASDAQ:MDB | MDB Price Prediction) reports Q2 FY27 results today at 4:05 PM ET. The database platform enters the report with a $35.9 billion market cap, with the stock down 3.5% today.
Momentum Meets a Higher Bar Last quarter, MongoDB posted $687.6 million in revenue, up 25.25% year over year, and non-GAAP EPS of $1.32 versus a $1.1835 consensus.
Atlas, now roughly 75% of revenue, grew 29.4% and crossed a $2 billion run rate. Free cash flow nearly doubled to $197.5 million, and RPO jumped 88% to $1.46 billion. CEO CJ Desai raised full-year guidance on that strength. Shares have followed through, with MDB rising 43.65% over the past year and trading at $437.47 into the report.
Consensus Estimates Metric Q2 FY27 Estimate YoY Change FY27 Estimate FY28 Estimate Revenue $734.4M +24% $2.96B $3.48B EPS (Normalized) $1.609 +145% $6.13 $7.34 The Q2 EPS bar has climbed from $1.28 ninety days ago to $1.609, with 34 upward revisions in the past 30 days and zero cuts. Consensus now sits above the guidance midpoint, meaning MongoDB effectively needs to clear its own top end to keep the beat streak intact.
What I’m Watching Tonight: Atlas Consumption, AI Workloads, and Margin Leverage Tonight, I’ll be watching Atlas consumption first. Management guided Q2 Atlas growth to approximately 26%, a deceleration from 29.4%, and CFO Mike Berry described the segment as “more predictable and less sensitive” at scale. Any reacceleration reframes the multiple.
Second, analysts are of course going to be watching AI traction. Desai said “AI adoption of MongoDB technologies across our customer base continues to accelerate,” with vector search “far outpacing overall company growth.” New Adobe, Zomato, and 11 Labs deployments should give management fresh proof points.
Third, margins. Non-GAAP operating margin expanded to 18% from 16%, and the company targeted approximately 21% at the Q2 high end. Rule of 40 status is on the line.
Fourth, EA. Enterprise Advanced grew 13% last quarter, but management guided to approximately flat EA growth in the second half. Deal timing commentary matters.
Finally, the Clarity acquisition and federal push. Investors want scope on the $10 million annual services contribution and pipeline build.
Earnings History Quarter EPS Surprise Day-Of Move 1-Day Move 1-Week Move Q1 FY27 +11.53% +3.03% +20.36% +4.53% Q4 FY26 +12.08% -22.24% -1.87% +7.05% Q3 FY26 +66.23% +22.23% +0.98% +3.00% Q2 FY26 +52.39% +37.96% +7.58% +8.91% On average, shares moved 3.39% seven days after earnings over the past year.
Contact [email protected] for any questions or corrections.
Thomas Richmond
Thomas Richmond is a financial writer and content strategist with 5+ years of experience covering stocks and financial markets. He has published over 250 articles focused on individual stock analysis, helping investors better understand business fundamentals, stock valuations, and long-term opportunities.
Thomas previously served as a Content Lead at TIKR, a stock research platform, where he helped scale the company’s blog to hundreds of articles per month and contributed to a weekly newsletter reaching more than 100,000 investors.
He specializes in breaking down complex companies into clear, actionable insights for everyday investors, with a focus on fundamentals-driven research.
His work has also been featured on platforms including Seeking Alpha and Sure Dividend.
Outside of work, Thomas enjoys weight lifting and soccer.
Ultragenyx zveřejnila 96týdenní data ze studie GENGLYCOS/DTX401 u GSDIa: průměrná denní dávka kukuřičného škrobu klesla o 61 % při zachování glykemické kontroly. U 33 % původní skupiny a 42 % crossover skupiny byla noční dávka zcela ukončena.
At Week 96, participants across treatment and crossover groups experienced mean reduction in daily cornstarch intake of 61% while maintaining glycemic control, with most participants achieving reduction of at least 50%
Complete elimination of nighttime cornstarch dosing observed in 33% of DTX401 treatment group and 42% of crossover group, while maintaining glycemic control
Analyses at Week 48 showed that 83% of DTX401-treated participants met or exceeded their own expectations for meaningful cornstarch reduction
NOVATO, Calif., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) today announced the publication of 96-week data from its Phase 3 study of GENGLYCOS™ AAV gene therapy (pariglasgene brecaparvovec-opnr), also known as DTX401, for the treatment of glycogen storage disease type Ia (GSDIa) in The Journal of Inherited Metabolic Disease. GENGLYCOS was recently approved by the U.S. Food and Drug Administration (FDA) in patients ages eight and older with GSDIa.
“These results demonstrate the potential of gene therapy to provide greater stability in day-to-day life for patients with GSDIa and may help guard against the risk of severe hypoglycemia associated with missed doses of raw cornstarch," said Dr. John Mitchell, scientist in the Child Health and Human Development Program at the Research Institute of the McGill University Health Centre (The Institute), pediatric endocrinologist at the Montreal Children’s Hospital, lead author of the publication and an investigator on the study. “For me, the reduction in overnight cornstarch dosing will have the most meaningful impact by reducing sleep disruption, with patient-reported outcomes included in the publication underscoring the profound impact that cornstarch reductions may have on daily life. I view long-term outcomes from the 96-week period showing continued improvements as particularly important, offering valuable insight into how post-treatment management may continue to evolve and improve as clinical experience grows."
“The complete results from this Phase 3 study more fully capture the benefits of this gene therapy and the importance of providing patients the ability to breakdown glycogen to provide a source of glucose during fasting or times of increased metabolic demands,” said Eric Crombez, M.D., chief medical officer at Ultragenyx. “Most patients achieved cornstarch reductions that met or exceeded their own expectations, with substantially less overnight treatment burden and reduced dependence on the around-the-clock cornstarch need that defines life with this disease. Importantly, reducing cornstarch dependence while maintaining glycemic control indicates the establishment of the liver’s ability to regulate glucose production on its own, giving us confidence that the therapy is directly addressing the underlying cause of disease and offering protection from the risk of life-threatening hypoglycemia.”
Authors emphasize statistically significant and clinically meaningful reductions in cornstarch while maintaining glycemic control
As previously reported, the study met its primary endpoint with patients treated with DTX401 (n=20) experiencing a mean reduction in cornstarch of 41% at Week 48 compared to 10% reduction in the placebo group (n=24) (p < 0.0001). Data at Week 96 showed even greater improvements, with both the DTX401 group (n=20) and the crossover group (n=19) achieving a mean reduction in daily cornstarch intake of 61% from baseline. Participants in both groups also experienced statistically significant improvements in other cornstarch-related endpoints.
Additionally, 72% of participants in the crossover-DTX401 group and 67% of participants in the original DTX401 group achieved reductions of at least 50% in daily cornstarch intake by Week 96. In the manuscript, the authors noted that reductions within the crossover period are particularly meaningful, as that period more closely approximates anticipated patient management in a real-world setting.
Importantly, participants maintained low levels of hypoglycemia and improved levels in euglycemic range (70-120 mg/dL) throughout the second year of the study despite substantial reductions in daily cornstarch intake. Participants dosed with DTX401 also experienced improved normalized fasting tolerance in a controlled fasting challenge (CFC) through year 2 of the study, supporting the potential for protection from severe hypoglycemia (< 54 mg/dL).
Publication offers additional insights into nighttime treatment burden
The publication provides detailed analyses of nighttime cornstarch use, one of the most burdensome aspects of current GSDIa management.
Among participants requiring nighttime cornstarch at baseline:
At Week 48, 50% of DTX401-treated participants eliminated at least one nighttime cornstarch dose compared with 7% of placebo-treated participants (p=0.031).At Week 96, 67% of participants in both treatment groups eliminated at least one nighttime cornstarch dose.By Week 96, 33% of original DTX401 participants and 42% of crossover-DTX401 participants had completely eliminated nighttime cornstarch dosing. Despite substantial reductions in daily and nighttime cornstarch use, participants maintained glycemic control throughout the study, without inducing severe hypoglycemic episodes. These findings build upon previously reported reductions in nighttime cornstarch requirements and provide additional insight into the impact of DTX401 on overnight disease management.
Patient-reported outcomes support treatment effect as clinically meaningful
Authors detailed findings of a patient-centered analysis that showed the average reduction in daily cornstarch intake considered meaningful by participants at baseline was 45%. At Week 48, 83% of DTX401-treated participants met or exceeded their own baseline expectations for meaningful reduction in cornstarch use, with continued improvements through Week 96.
At Week 48, 79% of DTX401-treated participants reported improvement in GSDIa on the Patient Global Impression of Change compared with 52% of placebo-treated participants (p=0.131); at Week 96, improvement was reported by 95% of crossover-DTX401 participants and 83% of original DTX401 participants.
The publication further characterizes how reducing cornstarch requirements affected overall nutritional management. At baseline, cornstarch accounted for nearly 50% of study participants’ total caloric intake. Following treatment with DTX401, participants were able to transition to a more balanced, food-based diet closer to the U.S. Dietary Guidelines for the general population.
DTX401 was generally well tolerated with an acceptable safety profile
Consistent with previously reported findings, the authors concluded that DTX401 demonstrated an acceptable and manageable safety profile. The most common treatment-related adverse events were transient elevations in liver enzymes, which were generally nonserious and managed with prophylactic corticosteroids.
No AAV8 class effects of dorsal root ganglion toxicity, malignancy, or thrombotic microangiopathy were observed in the study through Week 96. Hypertriglyceridemia was observed in all study groups but more frequently following DTX401 treatment.
INDICATION
GENGLYCOS (pariglasgene brecaparvovec-opnr) is indicated to reduce daily cornstarch intake as an adjunct to nutritional management in adult and pediatric patients 8 years of age and older with glycogen storage disease type Ia (GSDIa).
This indication is approved under accelerated approval based on reduction in daily cornstarch intake. Continued approval for this indication may be contingent upon verification of clinical benefit in confirmatory trial(s).
IMPORTANT SAFETY INFORMATION
CONTRAINDICATIONS
GENGLYCOS is contraindicated in patients with known severe hepatic fibrosis or cirrhosis.
WARNINGS AND PRECAUTIONS
Hypersensitivity and Infusion Reactions (IRs)
Hypersensitivity reactions including anaphylaxis and IRs have occurred with GENGLYCOS treatment. Severe reactions have been reported. Monitor for signs and symptoms of hypersensitivity and IRs, including urticaria, flushing, hypotension, bronchospasm, dyspnea, chest tightness, nausea, vomiting, headache, abdominal pain, lightheadedness, flu-like symptoms, shivering, rash, and hypertension.Premedicate with acetaminophen and non-sedating antihistamines and administer GENGLYCOS according to recommended infusion rates. Monitor patients during and after completion of GENGLYCOS infusion as clinically indicated. If anaphylaxis or severe IR occurs, pause GENGLYCOS infusion immediately and initiate medical treatment as clinically indicated, monitoring as needed. For mild to moderate IRs, consider slowing or temporarily interrupting the infusion, and administer symptomatic treatment as clinically indicated. The infusion may be restarted at half the prior rate upon resolution of symptoms.Medical support measures, including cardiopulmonary resuscitation equipment and medications for the treatment of anaphylaxis (e.g., epinephrine, antihistamines, corticosteroids), should be available during GENGLYCOS administration. Hepatotoxicity
Immune-mediated hepatotoxicity, with elevated alanine aminotransferase (ALT) and/or aspartate aminotransferase (AST) levels, has occurred with GENGLYCOS. Avoid use in patients with preexisting hepatic impairment or acute hepatic viral infection.Prior to GENGLYCOS infusion, evaluate liver-related medical history and assess liver function by clinical examination and laboratory testing. Advise patients to immediately report signs and symptoms of hepatotoxicity, including fatigue, jaundice, dark urine, nausea, vomiting, and right upper quadrant pain. Administer corticosteroids to all patients after GENGLYCOS infusion in order to mitigate hepatic reactions. Elevated transaminases may require adjustment of the corticosteroid treatment regimen, including increased dose or prolongation of the corticosteroid taper.Monitor transaminase levels for the first 6 months after GENGLYCOS administration. Continue to monitor transaminases in all patients who develop transaminase elevations, until transaminases return to baseline or as clinically indicated. Adrenal Insufficiency
Adrenal insufficiency, including serious events, has been reported in patients receiving GENGLYCOS during corticosteroid use and tapering.Signs and symptoms of adrenal insufficiency include fatigue, weakness, anorexia, nausea, vomiting, hypotension, hyponatremia, and hypoglycemia. Adrenal crisis may present as severe hypotension, acute abdominal pain, or loss of consciousness.Monitor patients for signs and symptoms of adrenal insufficiency and adrenal crisis after GENGLYCOS administration during and after corticosteroid therapy and tapering. Taper corticosteroid therapy gradually. Do not abruptly discontinue corticosteroid therapy. AAV Vector Integration and Risk of Tumorigenicity
There is a theoretical risk of tumorigenicity due to integration of AAV vector DNA into the genome.GENGLYCOS is composed of a recombinant, non-replicating AAV8 vector whose DNA persists largely in episomal form. Random integration of recombinant AAV-vector DNA into human DNA has been reported with AAV gene therapies. The clinical relevance of individual integration events is unknown, but it is acknowledged that individual integration events could potentially contribute to a risk of tumorigenicity. If a tumor develops in a patient receiving GENGLYCOS, health care providers should contact and report the tumor to Ultragenyx Pharmaceutical Inc. at 1-888-756-8657. Adverse Reactions
Seven serious adverse events were observed in the Primary Efficacy Analysis Period (PEAP) of Study 1 (Weeks 1-48), including anaphylaxis/infusion reaction (2), adrenal insufficiency (2), high lactate level (2) and hypoglycemia (1).The most common adverse reactions during the PEAP of Study 1 (occurring in ≥10% of patients) with higher frequency in GENGLYCOS compared to placebo were ALT/AST Enzyme elevated (71%), Nausea (38%), Headache (24%), Hypertriglyceridemia (29%), Adrenal Insufficiency (24%), Constipation (19%), Hyperglycemia (14%), Acne/Dermatitis Acneiform (19%), Cushingoid Features (14%), and Anaphylaxis (10%). DRUG INTERACTIONS
Vaccinations
Vaccine schedules may need to be adjusted for immunosuppressive therapy, and vaccines should be avoided 1 month prior to GENGLYCOS administration. USE IN SPECIFIC POPULATIONS
Pregnancy
GENGLYCOS should not be used during pregnancy. There are no data on the use of GENGLYCOS in pregnant women. It is unknown whether GENGLYCOS can cause fetal harm when administered to a pregnant woman or can affect reproductive capacity. Contraception
Women of childbearing potential should use effective contraception for at least 12 months after administration of GENGLYCOS.For 6 months after administration of GENGLYCOS, men must not donate semen, and men of reproductive potential and their female partners must prevent or postpone pregnancy using an effective form of contraception. ADDITIONAL PATIENT COUNSELING INFORMATION
Vector Shedding
Inform patients/caregivers that vector distribution in blood and vector shedding in urine, stool, and saliva can occur after GENGLYCOS infusion. Advise patients/caregivers on proper hygiene when handling patient body waste. These precautions should be followed for 3 months after GENGLYCOS infusion. Report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch or call 1-800-FDA-1088. You may also report side effects to Ultragenyx Pharmaceutical Inc. at 1-888-756-8657.
Please see the full Prescribing Information for GENGLYCOS.
About the Phase 3 GlucoGene study
The 48-week randomized, double-blind, placebo-controlled study treated 46 participants aged eight years and older with DTX401 (1.0 x 10^13 GC/kg dose measured by ddPCR) or placebo. There were 44 participants in the modified intention-to-treat (mITT) population providing efficacy data within the Week 48 analysis period following treatment with DTX401 (n=20) or placebo (n=24). At Week 48, eligible participants crossed over and received the alternate treatment. After crossover, participants continued to be followed with analyses conducted at Week 96 and Week 144. After study completion, participants will be offered enrollment into the GSDIa Disease Monitoring Program (DMP) where they will be followed for 10 years post-DTX401 infusion.
About Glycogen Storage Disease Type Ia (GSDIa)
GSDIa is an ultra-rare, serious, and life-threatening disease due to an inborn error of carbohydrate metabolism caused by pathogenic variants of the G6PC gene, which encodes G6Pase, an enzyme that is critical for the release of glucose from glycogen and other metabolic sources. Deficiency of G6Pase activity results in severe hypoglycemia during periods of fasting between meals and during the night along with excess hepatic glycogen storage, metabolic derangements and other disease related complications. Cornstarch is critical in the management of GSDIa throughout the day and night in providing an exogenous source of glucose to help avoid sudden and severe drops in plasma glucose levels; however, current management strategies carry a significant burden to patients and families. GSDIa affects approximately 1,500-2,500 patients in the U.S. and 6,000-8,000 worldwide within commercially accessible geographies.
About Ultragenyx
Ultragenyx is a biopharmaceutical company committed to bringing novel products to patients for the treatment of serious rare and ultra-rare genetic diseases. The company has built a diverse portfolio of approved therapies and product candidates aimed at addressing diseases with high unmet medical need and clear biology for treatment, for which there are typically no approved therapies treating the underlying disease.
The company is led by a management team experienced in the development and commercialization of rare disease therapeutics. Ultragenyx’s strategy is predicated upon time- and cost-efficient drug development, with the goal of delivering safe and effective therapies to patients with the utmost urgency.
For more information on Ultragenyx, please visit the company's website at: www.ultragenyx.com.
Forward-Looking Statements and Use of Digital Media
Except for the historical information contained herein, the matters set forth in this press release, including statements regarding the interpretation, significance and potential implications of the published 96-week Phase 3 data and analyses for GENGLYCOS (also known as DTX401); the clinical meaningfulness and durability of reductions in daily and nighttime cornstarch requirements; the ability of patients to maintain glycemic control and improve fasting tolerance following treatment; the potential for GENGLYCOS to protect against severe hypoglycemia, reduce treatment burden, improve nutritional management and provide other patient benefits; the safety and tolerability of GENGLYCOS; expectations regarding continued follow-up of study participants and the design, enrollment, timing, conduct and results of the GSDIa Disease Monitoring Program and other post-marketing requirements; Ultragenyx’s ability to confirm clinical benefit, satisfy FDA requirements and maintain accelerated approval for GENGLYCOS; and estimates of the prevalence of GSDIa and the potential patient population for GENGLYCOS, are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve substantial risks and uncertainties that could cause actual results to differ significantly from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, the risk that results from a limited number of study participants, including crossover and other analyses, may not be replicated or predictive of future or real-world results; the risk that longer-term follow-up may not demonstrate sustained efficacy, durability, safety or patient benefit; risks related to serious or undesirable side effects, including risks associated with AAV gene therapy; Ultragenyx’s ability to complete post-marketing requirements within required timeframes and confirm clinical benefit; the risk that the FDA may modify the approved indication or impose additional requirements, or may withdraw accelerated approval if clinical benefit is not confirmed or post-marketing requirements are not satisfied; and other matters that could affect the availability or commercial potential of Ultragenyx’s products and product candidates. Ultragenyx undertakes no obligation to update or revise any forward-looking statements.
For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Ultragenyx in general, see Ultragenyx's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (SEC) on August 5, 2026, and its subsequent periodic reports filed with the SEC.
In addition to its SEC filings, press releases and public conference calls, Ultragenyx uses its investor relations website and social media outlets to publish important information about the company, including information that may be deemed material to investors, and to comply with its disclosure obligations under Regulation FD. Financial and other information about Ultragenyx is routinely posted and is accessible on Ultragenyx’s Investor Relations website (https://ir.ultragenyx.com/) and LinkedIn website (https://www.linkedin.com/company/ultragenyx-pharmaceutical-inc-/).
Lamar Advertising Company schválila čtvrtletní hotovostní dividendu ve výši 1,65 USD na akcii. Vyplacena bude 30. září 2026 akcionářům zapsaným k 21. září 2026.
BATON ROUGE, La., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.65 per share payable on September 30, 2026 to stockholders of record of Lamar’s Class A common stock and Class B common stock on September 21, 2026. Subject to the approval of its board of directors, Lamar expects aggregate quarterly distributions to stockholders in 2026, including the dividend payable on September 30, 2026, will total at least $6.50 per common share.
Forward-Looking Statements
This press release contains “forward-looking statements” concerning Lamar Advertising Company’s goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical facts. Actual results may differ materially from those indicated in our forward-looking statements as a result of various factors, including those factors set forth in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025, as supplemented by any risk factors contained in our Quarterly Reports on Form 10-Q and our Current Reports on Form 8-K. We undertake no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.
About Lamar Advertising Company
Founded in 1902, Lamar Advertising Company is one of the largest outdoor advertising companies in North America, with over 360,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with over 5,700 displays.
Company Contact:
Buster Kantrow
Director of Investor Relations
Lamar Advertising Company
(225) 926-1000 [email protected]
SAN FRANCISCO--(BUSINESS WIRE)--All-Remote–GitLab Inc. (NASDAQ: GTLB), the intelligent orchestration platform for DevSecOps, today reported financial results for its second quarter fiscal year 2027, ended July 31, 2026.
“Q2 was an exceptional quarter, with record gross bookings and net ARR growth exceeding 40% year over year,” said Bill Staples, GitLab Chief Executive Officer. “As AI drives more software creation and more work through the development lifecycle, the context, security, governance and control GitLab provides become increasingly valuable. We believe this creates a significant opportunity for GitLab as humans and agents increasingly build software together.”
“I am proud of our team’s performance, which delivered revenue growth of 21% and continued improvement across the business,” said Jessica Ross, GitLab Chief Financial Officer. “We saw sequential acceleration in dollar-based net retention and meaningful operating leverage, reflecting the strength of our execution and the increasing scalability of our model. These results demonstrate the durability of our growth opportunity and our ability to create long-term value.”
GitLab posted a letter on the Investor Relations section of its website at https://ir.gitlab.com to capture additional information about the company’s strategic investments that are designed to drive durable revenue growth.
Business Highlights:
Introduced a new commercial model with GitLab Flex to give customers one annual commitment covering platform seats, GitLab Credits, and new eligible capabilities as they become available, with monthly reservations that can be reshaped as needs change without contract amendments. Launched GitLab Secrets Manager, which is now available as a usage-based add-on for Premium and Ultimate customers on GitLab.com, to make credentials easier to rotate and less likely to leak while bringing them under the same permissions and audit trail as the code that uses them. Expanded context for AI agents with GitLab Orbit, available in public beta, by connecting code, work items, pipelines, deployments, and production signals into a unified context graph, helping agents respond up to 11x faster with up to 45x fewer hallucinations in internal testing. Recognized as a Leader in the Gartner® Magic Quadrant™ for DevSecOps Platforms1 for the fourth consecutive year, reinforcing the value of a unified platform that gives enterprises speed with control across the software lifecycle. Quantified the potential business value of GitLab Duo Agent Platform through an independent Forrester Consulting Total Economic Impact™ study, which found organizations can achieve a 400% return on investment and $7.5 million in net present value (NPV) over three years, with payback in under six months. Second Quarter Fiscal Year 2027 Financial Highlights (in millions, except per share data and percentages):
Q2 FY 2027
Q2 FY 2026
Y/Y Change
Revenue
$
286.3
$
236.0
21
%
GAAP Gross margin
84
%
88
%
Non-GAAP Gross margin
86
%
90
%
GAAP Operating margin
(20
)%
(8
)%
Non-GAAP Operating margin
15
%
17
%
GAAP Operating loss
$
(56.9
)
$
(18.4
)
$
(38.5
)
Non-GAAP Operating income
$
42.6
$
39.6
$
3.0
GAAP Net loss attributable to GitLab
$
(36.8
)
$
(9.2
)
$
(27.6
)
Non-GAAP Net income attributable to GitLab
$
42.1
$
40.9
$
1.2
GAAP Net loss per share attributable to GitLab, basic
$
(0.22
)
$
(0.06
)
$
(0.16
)
GAAP Net loss per share attributable to GitLab, diluted
$
(0.22
)
$
(0.06
)
$
(0.16
)
Non-GAAP Net income per share attributable to GitLab, basic
$
0.25
$
0.25
$
—
Non-GAAP Net income per share attributable to GitLab, diluted
$
0.24
$
0.24
$
—
GAAP net cash provided by operating activities
$
(3.1
)
$
49.4
$
(52.5
)
Non-GAAP adjusted free cash flow
$
9.8
$
46.5
$
(36.7
)
A reconciliation between GAAP and non-GAAP financial measures is contained in this release under the section titled “Non-GAAP Financial Measures.”
Additional Second Quarter Fiscal Year 2027 Financial Highlights:
First Order growth of more than 100% year on year. Customers with more than $5,000 of ARR reached 11,114, an increase of 8% year-over-year. Customers with more than $100,000 of ARR reached 1,571, an increase of 17% year-over-year. Dollar-Based Net Retention Rate was 117%. Total RPO grew 16% year-over-year to $1.2 billion, while cRPO grew 20% to $744.7 million. In the quarter, GitLab repurchased approximately 3.5 million shares. Third Quarter and Fiscal Year 2027 Financial Outlook
For the third quarter and fiscal year 2027, GitLab Inc. expects (in millions, except share and per share data):
Q3 FY 2027 Guidance
FY 2027 Guidance
Revenue
$281 - $283
$1,129 - $1,133
Non-GAAP operating income
$35 - $37
$148 - $152
Non-GAAP diluted net income per share assuming approximately 172 million and 172 million weighted average shares outstanding during Q3 FY 2027 and FY 2027, respectively.
$0.19 - $0.20
$0.85 - $0.87
These statements are forward-looking and actual results may differ materially as a result of many factors. Refer to the Forward-Looking Statements safe harbor below for information on the factors that could cause our actual results to differ materially from these forward-looking statements.
A reconciliation of GAAP to non-GAAP financial measures has been provided in the financial statement tables included in this press release. An explanation of these measures is also included below in Non-GAAP Financial Measures. We have not provided the most directly comparable GAAP financial guidance measures because certain items are out of our control or cannot be reasonably predicted. Accordingly, a reconciliation of non-GAAP guidance for operating income (loss) and net income (loss) per share to the corresponding GAAP measures is not available.
Conference Call Information
GitLab will host a conference call today, September 1, 2026, at 1:30 p.m. (PT) / 4:30 p.m. (ET) to discuss its second quarter fiscal year 2027 financial results and its guidance for the third quarter and full fiscal year 2027. Interested parties may register for the call in advance by visiting https://bit.ly/4qpW4tl. A live webcast of this conference call will be available on GitLab’s investor relations website (ir.gitlab.com), and a replay will also be archived on the website for one year.
About GitLab
GitLab is the intelligent orchestration platform for DevSecOps. GitLab enables organizations to increase developer productivity, improve operational efficiency, reduce security and compliance risk, and accelerate digital transformation. More than 50 million registered users and approximately 50% of the Fortune 100* trust GitLab to ship better, more secure software faster.
*Fortune 500® is a registered trademark of Fortune Media IP Limited, used under license. Claim based on GitLab data. Fortune 100 refers to the top 20% ranked companies in the 2025 Fortune 500 list, published in June 2025. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of GitLab.
Non-GAAP Financial Measures
GitLab believes non-GAAP measures are useful in evaluating its operating performance. GitLab uses this supplemental information to evaluate its ongoing operations and for internal planning and forecasting purposes. GitLab believes that non-GAAP financial information, when taken collectively with its GAAP financial information, may be helpful to investors because it provides consistency and comparability with past financial performance. However, non-GAAP financial information is presented for supplemental informational purposes only, has limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. Reconciliations of non-GAAP financial measures to the most directly comparable financial results as determined in accordance with GAAP are included at the end of this press release following the accompanying financial data. We define non-GAAP financial measures as GAAP measures, excluding certain items such as stock-based compensation expense, amortization of acquired intangible assets, foreign exchange (gain) loss, acquisition related expenses, charitable donation of common stock, restructuring charges, a non-recurring income tax adjustment related to bilateral advance pricing agreement (“BAPA”) negotiations, non-recurring charges associated with the formation of our GitLab Information Technology (Hubei) Co., LTD Joint Venture in China (“JiHu”), and other expenses that the Company believes are not indicative of its ongoing operations. In addition to these exclusions, effective Q1 FY26 we utilize a fixed long-term projected tax rate in our computation of the non-GAAP income tax provision which reflects the new location of GitLab’s intellectual property in the U.S. following the conclusion of our bilateral advance pricing agreements. For FY26 and FY27, we have determined the projected non-GAAP tax rate to be 22%. Shares used for net income per share on a non-GAAP basis include incremental dilutive shares related to restricted stock units, options, and shares issuable under GitLab Inc.’s 2021 Employee Stock Purchase Plan that are anti-dilutive on a GAAP basis. A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty of expenses that may be incurred in the future. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures and not rely on any single financial measure to evaluate our business.
Adjusted Free Cash Flow
Adjusted free cash flow is a non-GAAP financial measure that we calculate as net cash provided by operating activities less cash used for purchases of property and equipment, plus any non-recurring income tax payments related to the BAPA or minus any non-recurring income tax refunds related to the BAPA, plus any non-recurring payments related to the formation of JiHu. We believe that adjusted free cash flow is a useful indicator of liquidity that provides information to management and investors about the amount of cash generated from our operations that, after the investments in property and equipment, any non-recurring income tax payments or refunds related to the BAPA, and any non-recurring payments related to the formation of JiHu, can be used for strategic initiatives, including investing in our business, and strengthening our financial position. One limitation of adjusted free cash flow is that it does not reflect our future contractual commitments. Additionally, adjusted free cash flow does not represent the total increase or decrease in our cash balance for a given period.
Forward-Looking Statements
This press release and the accompanying earnings call contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Although we believe that the expectations reflected in the forward-looking statements contained in this release and the accompanying earnings call are reasonable, they are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results or outcomes to be materially different from any future results or outcomes expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions, and other factors include, but are not limited to the following:
our ability to effectively manage our growth; our revenue growth rate in the future; our ability to achieve and sustain profitability, our business, financial condition, and operating results; security and privacy breaches; intense competition in our markets and loss of market share to our competitors; our ability to respond to rapid technological changes; the market for our services may not grow; a decline in our customer renewals and expansions; fluctuations in our operating results; our incorporation of artificial intelligence features into our products; our transparency; our publicly available company Handbook; customers staying on our free self-managed or SaaS product offering; our ability to accurately predict the long-term rate of customer subscription renewals or adoption, or the impact of these renewals and adoption; our hiring model; the effects of ongoing armed conflict in different regions of the world on our business; and general economic conditions (including changes in interest rates, inflation, tariffs, regulatory uncertainty (including with respect to the federal budget and potential government shutdowns), volatile capital markets, and actual or perceived instability in the global banking sector) and slow or negative growth of our markets. Further information on these and additional risks, uncertainties, and other factors that could cause actual outcomes and results to differ materially from those included in or contemplated by the forward-looking statements contained in this release are included under the caption “Risk Factors” and elsewhere in the filings and reports we make with the Securities and Exchange Commission. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events, except as required by law.
Operating Metrics
Annual Recurring Revenue (“ARR”): We define annual recurring revenue as the annual run-rate revenue of subscription agreements, including our self-managed and SaaS offerings but excluding professional services, from all customers as measured on the last day of a given month. We calculate ARR by taking the monthly recurring revenue (“MRR”) and multiplying it by 12. MRR for each month is calculated by aggregating, for all customers during that month, monthly revenue from committed contractual amounts of subscriptions, including our self-managed license, self-managed subscription, and SaaS subscription offerings but excluding professional services.
Dollar-Based Net Retention Rate: We calculate Dollar-Based Net Retention Rate as of a period end by starting with our customers as of the 12 months prior to such period end (“Prior Period ARR”). We then calculate the ARR from these customers as of the current period end (“Current Period ARR”). The calculation of Current Period ARR includes any upsells, price adjustments, user growth within a customer, contraction, and attrition. We then divide the total Current Period ARR by the total Prior Period ARR to arrive at the Dollar-Based Net Retention Rate.
GitLab Inc.
Condensed Consolidated Balance Sheets
(in thousands, except per share data)
(unaudited)
July 31, 2026(1)
January 31, 2026(1)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
$
226,491
$
229,576
Short-term investments
1,030,495
1,030,327
Accounts receivable, net of allowance for doubtful accounts of $1,018 and $967 as of July 31, 2026 and January 31, 2026, respectively
257,343
304,301
Deferred contract acquisition costs, current
39,588
42,676
Prepaid expenses and other current assets
41,138
48,899
Total current assets
1,595,055
1,655,779
Property and equipment, net
11,093
11,815
Goodwill
17,446
17,379
Intangible assets, net
5,744
9,774
Deferred contract acquisition costs, non-current
27,431
23,705
Other non-current assets
5,063
4,295
TOTAL ASSETS
$
1,661,832
$
1,722,747
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable
$
9,955
$
9,205
Accrued expenses and other current liabilities
51,580
58,185
Accrued compensation and benefits
46,932
39,657
Deferred revenue and customer advances, current
553,844
545,096
Total current liabilities
662,311
652,143
Deferred revenue, non-current
20,829
26,994
Other non-current liabilities
7,205
7,362
TOTAL LIABILITIES
690,345
686,499
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.0000025 par value; 50,000 shares authorized; no shares issued and outstanding as of July 31, 2026 and January 31, 2026
—
—
Class A Common stock, $0.0000025 par value; 1,500,000 shares authorized; 166,166 and 153,336 shares issued and outstanding as of July 31, 2026 and January 31, 2026, respectively
—
—
Class B Common stock, $0.0000025 par value; 250,000 shares authorized; 1,115 and 16,732 shares issued and outstanding as of July 31, 2026 and January 31, 2026, respectively
—
—
Additional paid-in capital
2,190,455
2,207,361
Accumulated deficit
(1,265,386
)
(1,223,570
)
Accumulated other comprehensive income
460
6,877
Total GitLab stockholders’ equity
925,529
990,668
Noncontrolling interests
45,958
45,580
TOTAL STOCKHOLDERS’ EQUITY
971,487
1,036,248
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
$
1,661,832
$
1,722,747
GitLab Inc.
Condensed Consolidated Statements of Operations
(in thousands, except per share data)
(unaudited)
Three Months Ended July 31,
Six Months Ended July 31,
2026
2025
2026
2025
Revenue:
Subscription—self-managed and SaaS
$
258,311
$
212,684
$
497,617
$
407,165
License—self-managed and other
27,943
23,276
52,795
43,304
Total revenue
286,254
235,960
550,412
450,469
Cost of revenue:
Subscription—self-managed and SaaS
38,258
21,753
68,849
41,021
License—self-managed and other
7,380
6,752
14,277
12,519
Total cost of revenue
45,638
28,505
83,126
53,540
Gross profit
240,616
207,455
467,286
396,929
Operating expenses:
Sales and marketing
134,363
109,583
253,721
217,170
Research and development
94,980
71,488
166,462
136,898
General and administrative
68,208
44,735
119,787
95,822
Total operating expenses
297,551
225,806
539,970
449,890
Loss from operations
(56,935
)
(18,351
)
(72,684
)
(52,961
)
Interest income
12,202
11,511
24,149
22,373
Other income (expense), net
5,406
(911
)
5,661
(10,882
)
Loss before income taxes
(39,327
)
(7,751
)
(42,874
)
(41,470
)
Provision for (benefit from) income taxes
(3,195
)
2,245
(1,163
)
4,784
Net loss
$
(36,132
)
$
(9,996
)
$
(41,711
)
$
(46,254
)
Net income (loss) attributable to noncontrolling interest
712
(788
)
105
(1,171
)
Net loss attributable to GitLab
$
(36,844
)
$
(9,208
)
$
(41,816
)
$
(45,083
)
Net loss per share attributable to GitLab Class A and Class B common stockholders, basic and diluted:
$
(0.22
)
$
(0.06
)
$
(0.25
)
$
(0.27
)
Weighted-average shares used to compute net loss per share attributable to GitLab Class A and Class B common stockholders, basic and diluted:
168,703
165,953
169,313
165,233
GitLab Inc.
Condensed Consolidated Statements of Cash Flows
(in thousands)
(unaudited)
Three Months Ended July 31,
Six Months Ended July 31,
2026
2025
2026
2025
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss, including amounts attributable to noncontrolling interest
$
(36,132
)
$
(9,996
)
$
(41,711
)
$
(46,254
)
Adjustments to reconcile net loss to net cash provided by operating activities:
Stock-based compensation expense, net of amounts capitalized
75,006
54,284
125,067
110,111
Charitable donation of common stock
1,166
1,787
1,987
3,526
Amortization of intangible assets
2,015
2,015
4,030
4,035
Depreciation and amortization
1,345
759
2,640
1,315
Amortization of deferred contract acquisition costs
10,580
13,370
23,504
27,269
Net amortization of premiums or discounts on short-term investments
(364
)
(2,609
)
(688
)
(5,605
)
Unrealized foreign exchange loss (gain), net
(2,249
)
1,069
(3,260
)
10,970
Other non-cash expense, net
451
192
640
400
Changes in assets and liabilities:
Accounts receivable
(57,325
)
3,859
46,031
69,787
Prepaid expenses and other current assets
1,303
1,219
7,690
2,746
Deferred contract acquisition costs
(15,002
)
(12,304
)
(24,747
)
(20,430
)
Other non-current assets
(1,147
)
(198
)
(919
)
181
Accounts payable
1,115
(472
)
762
3,114
Accrued expenses and other current liabilities
(21,419
)
(14,257
)
(6,968
)
(4,278
)
Accrued compensation and benefits
18,575
2,021
7,605
(11,063
)
Deferred revenue and customer advances
18,754
8,284
4,466
9,489
Other non-current liabilities
236
346
(24
)
358
Net cash provided by (used in) operating activities
(3,092
)
49,369
146,105
155,671
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of short-term investments
(199,621
)
(237,946
)
(421,817
)
(483,898
)
Proceeds from maturities of short-term investments
139,823
184,280
358,647
347,886
Proceeds from sales of short-term investments
50,476
—
60,398
1,367
Additions to property and equipment
(213
)
(2,904
)
(2,606
)
(3,816
)
Net cash used in investing activities
(9,535
)
(56,570
)
(5,378
)
(138,461
)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from the issuance of common stock upon exercise of stock options, including early exercises, net of repurchases
2,988
3,947
5,361
7,275
Issuance of common stock under employee stock purchase plan
6,886
8,404
6,886
8,404
Common stock repurchased
(104,637
)
—
(154,685
)
—
Payments for taxes related to net share settlement of equity awards
(748
)
—
(908
)
—
Net cash provided by (used in) financing activities
(95,511
)
12,351
(143,346
)
15,679
Impact of foreign exchange on cash and cash equivalents
(766
)
502
(466
)
833
Net increase (decrease) in cash and cash equivalents
(108,904
)
5,652
(3,085
)
33,722
Cash and cash equivalents at beginning of period
335,395
255,719
229,576
227,649
Cash and cash equivalents at end of period
$
226,491
$
261,371
$
226,491
$
261,371
GitLab Inc.
Reconciliation of GAAP to Non-GAAP
(in thousands, except per share data)
(unaudited)
Three Months Ended July 31,
Six Months Ended July 31,
2026
2025
2026
2025
Gross profit on GAAP basis
$
240,616
$
207,455
$
467,286
$
396,929
Gross margin on GAAP basis
84
%
88
%
85
%
88
%
Stock-based compensation expense
3,891
2,261
6,755
4,190
Amortization of acquired intangibles
2,015
2,015
4,030
4,035
Restructuring charges
1,023
—
1,023
—
Gross profit on non-GAAP basis
$
247,545
$
211,731
$
479,094
$
405,154
Gross margin on non-GAAP basis
86
%
90
%
87
%
90
%
Sales and marketing on GAAP basis
$
134,363
$
109,583
$
253,721
$
217,170
Stock-based compensation expense
(25,327
)
(19,950
)
(42,772
)
(42,041
)
Restructuring charges
(5,220
)
—
(5,220
)
—
Sales and marketing on non-GAAP basis
$
103,816
$
89,633
$
205,729
$
175,129
Research and development on GAAP basis
$
94,980
$
71,488
$
166,462
$
136,898
Stock-based compensation expense
(21,803
)
(19,197
)
(35,433
)
(33,469
)
Restructuring charges
(8,011
)
—
(8,011
)
—
Research and development on non-GAAP basis
$
65,166
$
52,291
$
123,018
$
103,429
General and administrative on GAAP basis
$
68,208
$
44,735
$
119,787
$
95,822
Stock-based compensation expense
(23,985
)
(12,876
)
(40,107
)
(30,411
)
Restructuring charges
(5,168
)
—
(5,168
)
—
Charitable donation of common stock
(1,166
)
(1,787
)
(1,987
)
(3,526
)
Acquisition related expenses
(607
)
(157
)
(917
)
(340
)
Other non-recurring charges
(1,285
)
320
(1,361
)
(643
)
General and administrative on non-GAAP basis
$
35,997
$
30,235
$
70,247
$
60,902
Loss from operations on GAAP basis
$
(56,935
)
$
(18,351
)
$
(72,684
)
$
(52,961
)
Stock-based compensation expense
75,006
54,284
125,067
110,111
Amortization of acquired intangibles
2,015
2,015
4,030
4,035
Restructuring charges
19,422
—
19,422
—
Charitable donation of common stock
1,166
1,787
1,987
3,526
Acquisition related expenses
607
157
917
340
Other non-recurring charges
1,285
(320
)
1,361
643
Income from operations on non-GAAP basis
$
42,566
$
39,572
$
80,100
$
65,694
Other income (expense), net on GAAP basis
$
5,406
$
(911
)
$
5,661
$
(10,882
)
Foreign exchange gains (losses), net
(1,817
)
1,117
(2,353
)
11,071
Other non-recurring charges (3)
(3,679
)
172
(3,497
)
342
Other income (expense), net on non-GAAP basis
$
(90
)
$
378
$
(189
)
$
531
Net loss attributable to GitLab common stockholders on GAAP basis
$
(36,844
)
$
(9,208
)
$
(41,816
)
$
(45,083
)
Stock-based compensation expense (2)
75,006
54,284
125,067
110,111
Amortization of acquired intangibles
2,015
2,015
4,030
4,035
Restructuring charges (1)
19,422
—
19,422
—
Charitable donation of common stock
1,166
1,787
1,987
3,526
Acquisition related expenses
607
157
917
340
Foreign exchange gains (losses), net
(1,817
)
1,117
(2,353
)
11,071
Income tax adjustment (4)
(15,068
)
(9,077
)
(24,034
)
(14,708
)
Other non-recurring charges (3)
(2,394
)
(148
)
(2,136
)
985
Net income attributable to GitLab common stockholders on non-GAAP basis
$
42,093
$
40,927
$
81,084
$
70,277
GAAP net loss per share, basic
$
(0.22
)
$
(0.06
)
$
(0.25
)
$
(0.27
)
GAAP net loss per share, diluted
$
(0.22
)
$
(0.06
)
$
(0.25
)
$
(0.27
)
Non-GAAP net income per share, basic
$
0.25
$
0.25
$
0.48
$
0.43
Non-GAAP net income per share, diluted
$
0.24
$
0.24
$
0.47
$
0.41
Shares used in per share calculation - basic on GAAP basis
168,703
165,953
169,313
165,233
Effect of dilutive securities
5,246
4,535
3,151
5,220
Shares used in per share calculation - diluted on non-GAAP basis
173,949
170,488
172,464
170,453
GitLab Inc.
Reconciliation of GAAP Cash Flow from Operating Activities to Adjusted Free Cash Flow
(in thousands)
(unaudited)
Three Months Ended July 31,
Six Months Ended July 31,
2026
2025
2026
2025
Computation of adjusted free cash flow
GAAP net cash provided by (used in) operating activities
$
(3,092
)
$
49,369
$
146,105
$
155,671
Less: Additions to property and equipment
(213
)
(2,904
)
(2,606
)
(3,816
)
Add: Non-recurring payments related to the formation of JiHu
Symbotic měl v posledním čtvrtletí objednávkovou knihu 22,5 miliardy USD, ale 85 % tržeb ve fiskálním roce 2025 pocházelo od Walmartu. Trh tak dál řeší vysokou koncentraci zákazníků.
Symbotic (SYM -3.65%), a developer of autonomous warehouse robots, went public through a merger with a special purpose acquisition company (SPAC) on June 8, 2022. It started trading at $10.51 per share, closed at a record high of $87.30 on Nov. 26, 2025, but now trades at $38.
Symbotic is still a divisive stock. The bulls are impressed by its robust revenue growth, its expanding margins, and its growing backlog -- which reached $22.5 billion in its latest quarter. But the bears will warn you that it's overly dependent on Walmart (WMT +1.00%) and that many investors overlook that customer concentration risk.
Image source: Getty Images.
Why is Symbotic so dependent on Walmart? Walmart is Symbotic's largest customer and one of its top investors. The world's largest retailer accounted for 85% of its revenue in fiscal 2025 (which ended last September), driven by a long-term contract to automate all of its U.S. regional distribution centers through 2037.
Symbotic also acquired Walmart's own robotics division in early 2025, and the two companies have been co-developing automated micro-fulfillment systems for its brick-and-mortar stores. In other words, Symbotic wouldn't exist in its current form without Walmart's support.
Premium Feature
Moneyball Superscore
72/100
Today's Change
(
-3.65
%) $
-1.45
Current Price
$
38.22
How will Symbotic reduce its dependence on Walmart? Symbotic is trying to reduce its dependence on Walmart with four strategies. First, it's expanding Greenbox, a warehouse-as-a-service joint venture it launched with its other major investor, SoftBank (SFTBY -1.67%), in 2023. Instead of selling large-scale supply chain automation systems to large enterprise clients, GreenBox gives smaller businesses access to Symbotic's robotic systems through cheaper usage-based and subscription-based plans.
Second, Symbotic signed contracts with other retailers, including Target and Albertsons; beverage distribution companies; and healthcare logistics providers. Third, it acquired smaller companies -- such as Fox Robotics and ARMS Innovations -- to expand its ecosystem and gain footholds in adjacent markets. Lastly, Symbotic is gradually expanding beyond North America into Asia and Europe.
Does Symbotic's dependence on Walmart make it a weak investment? Symbotic's initial Master Automation Agreement (MAA) won't expire until 2037, which gives the company more than a decade to diversify its business. Walmart also won't abruptly end its relationship with Symbotic after the MAA ends, since it will still need the company to service its systems. Instead, it would likely expand that relationship or launch new automation projects.
From fiscal 2025 to fiscal 2028, analysts expect Symbotic's revenue and adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) to grow at CAGRs of 26% and 72%, respectively. Based on its true market cap (which includes its super-voting shares) of $24 billion, Symbotic still looks reasonably valued at less than seven times next year's sales. Therefore, it makes sense to buy Symbotic's stock today -- even if it depends on Walmart for most of its revenue.
PHOENIX--(BUSINESS WIRE)--Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced a planned leadership transition, effective January 4, 2027, whereby Nick Konat, current president and chief operating officer, will take on the role of chief executive officer and join the board of directors. Jack Sinclair, who has served as CEO since 2019, will transition to the role of executive chairman.
Sinclair said, “The Board and I have spent significant time and consideration developing our succession plan, and we believe that now is the right time to transition Sprouts to its next generation of leadership. Following the Board’s comprehensive search process, we determined that Nick was the right leader for Sprouts. I’ve worked closely with Nick since he joined Sprouts in 2022 and seen firsthand his talent, drive and strong dedication to our people. He played a central role in shaping and executing our strategy, and I have tremendous confidence in his ability to lead the company to new heights. I want to thank all our team members for their deep commitment to Sprouts and their support for each other, our customers, our communities and our shareholders. I will be supporting Nick during the transition period, and it will be a privilege for me to continue serving Sprouts as its executive chairman.”
“Jack has guided the company through a significant phase of transformation and value creation. We are extremely grateful for his leadership,” said Joe Fortunato, chairman of the board of Sprouts. “I am proud of the work that our Board has put into our succession planning. The Board believes that Nick’s experience, along with his deep knowledge of our business and Sprouts’ unique culture and market position, make him the ideal leader for the next phase of the company’s journey. We are also pleased that Jack will continue serving as a trusted partner to him. This transition enables Jack’s ongoing involvement while allowing Nick’s significant depth and breadth of experience to shine even brighter.”
“It will be an honor to serve as the next CEO of Sprouts at this exciting and important time for our company,” said Konat. “We remain focused on executing our growth strategy, expanding into new markets and strengthening our connection with customers as we navigate an evolving consumer environment. I am grateful to Jack and our Board for their leadership, support, and confidence in me. I look forward to continuing to work closely with Jack to ensure a seamless transition. Since I joined Sprouts, our dedicated team and our purpose—to help people live and eat better—have inspired me every day. Looking ahead, I am confident in the opportunities before us and in our ability to build on our momentum and create long-term value for our shareholders.”
As part of this leadership transition, Joe Fortunato will serve as lead independent director beginning January 4, 2027, the first day of Sprouts’ 2027 fiscal year.
About Nick Konat
Konat joined Sprouts in March 2022 as president and chief operating officer where he has overseen the company’s operations, marketing, merchandising, supply chain, and innovation functions. Konat previously served at Petco Health and Wellness Company for over six years, culminating as chief merchandising officer. Prior to joining Petco, Konat served over nine years at Target Corporation, where he held a range of merchandising, planning, and leadership roles across the food and fashion categories. Konat also spent six years with Accenture plc, a multinational professional services company. Konat holds an honors bachelor’s degree in political science and government from St. John’s University.
About Sprouts Farmers Market, Inc.
Sprouts Farmers Market is one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the United States. Sprouts helps people live and eat better with fresh produce at the heart of the store and delicious discoveries for every dietary lifestyle. Always foraging for what’s fresh and innovative, Sprouts offers a carefully curated assortment of products that inspire wellness naturally, including organic, gluten-free, plant-based and non-GMO favorites. Headquartered in Phoenix, AZ, Sprouts employs approximately 36,000 team members and operates more than 480 stores in 25 states nationwide. To learn more about Sprouts and the role it plays in its communities, visit sprouts.com/about/.
Forward-Looking Statements
Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including those using “believes,” “will,” “look forward,” or “am confident” or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, statements regarding the company’s outlook, growth, opportunities and long-term strategy. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. These risks and uncertainties include, without limitation, risks related to the upcoming CEO transition; the company’s ability to execute on its long-term strategy; the company’s ability to successfully compete in its competitive industry; the company’s ability to successfully open new stores; the company’s ability to manage its growth; the company’s ability to maintain or improve its operating margins; the company’s ability to identify and react to trends in consumer preferences in a timely manner; product supply disruptions; equipment supply disruptions; general economic conditions that impact consumer spending or result in competitive responses; accounting standard changes; potential inflationary and/or deflationary trends; tariffs; and other factors as set forth from time to time in the company’s Securities and Exchange Commission filings, including, without limitation, the company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The company intends these forward-looking statements to speak only as of the time of this release and does not undertake to update or revise them as more information becomes available, except as required by law.
ARB led the 108 largest non-stablecoin tokens after chain fees on Robinhood's network doubled in a day, taking the Arbitrum DAO's contractual 10% cut to roughly $192,000 a day. Bitcoin fell 0.7% while Japanese and U.S. government bond yields rose and gold dropped 1.9%.
Arbitrum's ARB rose more than 25% through the Asian and European sessions and held the gain into the U.S. open, the largest advance among the biggest tokens, after fees collected on Robinhood Chain doubled from Monday.
ARB holders earn a fixed share of that revenue. Every Arbitrum chain deployed outside Arbitrum One and Nova owes 10% of its net revenue under the licence that lets it use the technology, and Robinhood Chain has become the largest single source of it two months after launch. Tuesday put the first sizeable figure on the arrangement.
ARB last changed hands at $0.1087, up 25% over 24 hours and 14% over seven days, after trading as low as $0.08347, DefiLlama and CoinGecko data shows.
Bitcoin was at $77,787, down 0.71% on the day and 1.75% on the week. Ether stood at $2,437, down 0.92% and 1.42%. XRP was flat at $1.369 and 6.9% lower over seven days; Solana fell 1.6% to $101.34 while holding a 3.5% weekly gain; BNB slipped 0.52% to $685.18. Total crypto market value was $2.72 trillion, up 0.22% over 24 hours, on $78.4 billion of volume, with bitcoin dominance at 57.9%, according to CoinGecko.
Rent From RobinhoodRobinhood Chain collected $2.13 million in chain fees and $1.92 million in chain revenue over 24 hours, against the $963,612 in gas fees the network had recorded on Monday, DefiLlama data shows. Applications on the chain took a further $3 million. Total value locked reached $738.5 million, up 3.8% on the day, and decentralized exchange volume hit $1.56 billion, an 89.5% increase over seven days.
At Monday's revenue rate, the 10% owed under the licence works out to about $192,000 a day. Arbitrum's own network produced $12,152 in chain fees over the same 24 hours.
The obligation is written into Arbitrum's chain licensing. Chains "deployed outside of Arbitrum One and Arbitrum Nova must pay 10% of their Protocol Net Revenue to the Arbitrum Foundation," according to the Arbitrum documentation, routed through what it calls AEP Fee Routers. The licensing page puts the split at "8% flows to the DAO and 2% to the developer guild." The Defiant covered the fee-capture arrangement when Robinhood's chain launched.
ARB's market value stands at about $726 million on 6.678 billion circulating tokens. The token is 95.5% below the $2.39 it reached in January 2024.
Memecoins Pay The BillMemecoin trading produces most of that revenue, ahead of the tokenized equities Robinhood pitched at launch. Robinhood launched the chain on July 1 with 24/7 stock tokens, onchain lending and plans for agentic trading. Memecoin trading arrived in week one, and CEO Vlad Tenev said the chain works for memes too. By late July the network carried more tokenized stock volume than Solana's venues combined, most of it a byproduct of memecoin trades. The Defiant reported Monday that applications on the chain out-earned Ethereum's over 24 hours (LINK TK).
A separate proposal would route more of Arbitrum One's own fees to the treasury. Offchain Labs has asked the DAO to replace Timeboost with priority gas auctions on Arbitrum One and Nova, ordering transactions by priority fee in 125-millisecond rounds. Under the proposal, fees would split "97% to the ArbitrumDAO Treasury and 3% to the Arbitrum Developer Guild." Timeboost has produced about $7.46 million cumulatively since April 2025, running at roughly $2 million annualized as of March, with three entities winning about 97% of auctions. The constitutional vote has not concluded.
Bonds Sell, Gold FollowsGovernment bonds sold off across three continents overnight while crude held above $90.
Japan's 10-year government bond yield reached 2.943% on Aug. 31, the highest of the year, from 2.897% on Aug. 25, according to Japan's Ministry of Finance. The ministry had not published Tuesday's rate at the time of writing.
U.S. yields followed. The 10-year Treasury par yield closed Monday at 4.75% and the 30-year at 5.25%, from 4.73% and 5.22% on Friday, Treasury data shows.
Iliya Kalchev, an analyst at digital asset platform Nexo, wrote in the firm's daily dispatch that the bond move was the session's driver. "The dominant story is a historic move in global bond markets, worth understanding clearly rather than dramatizing," he wrote.
Kalchev pointed to which assets were being sold. "The notable feature: government bonds, traditionally a safe haven during geopolitical stress, are being sold alongside riskier assets rather than bought — consistent with markets pricing persistent, energy-driven inflation rather than a simple flight from risk," he wrote. On the fiscal reading: "The bond market's rise, in effect, reads as a warning against further fiscal expansion, with little sign markets expect a near-term reversal." The dispatch put Japan's 10-year above 3%, a level the ministry's published series has not yet reached.
Europe added an inflation print. Euro area annual inflation ran at 3.3% in August, up from 2.9% in July, according to a flash estimate Eurostat published Tuesday.
Gold took the hit. Spot traded at $4,358 an ounce, down 1.87% on the day, TradingEconomics data shows. Equities opened lower, with the S&P 500 at 7,635.28, down 0.66%, the Nasdaq 100 at 28,943.56, down 1.74%, and the Dow at 52,938.76, down 0.46%, according to TradingEconomics.
A Hike Stays The FavoritePolymarket priced a quarter-point increase at the Sept. 15-16 meeting at 57% and no change at 40%, on $75.6 million of event volume. A cut of any size trades below 1%. The same market read 55.5% for an increase and 43.5% for a hold on Monday, on $70.9 million of volume.
Traders moved into that position after Chair Kevin Warsh's Jackson Hole speech on Friday, which The Defiant covered at the time. August CPI publishes Sept. 11, four days before the meeting opens.
Strategy Buys Above MarketStrategy paid more than the current price for its first bitcoin in 10 weeks.
The company acquired 4,603 BTC for $369.7 million between Aug. 24 and Aug. 30 at an average of $80,318, according to an 8-K filed Monday. Bitcoin at $77,787 is 3.2% below that average. Holdings reached 845,050 BTC at an aggregate purchase price of $63.73 billion and an average of $75,412, leaving the position about 3% above cost. The filing also disclosed the repurchase of 1,557,177 shares of STRC stock for $151.8 million over the same week, USD cash of $1.61 billion and a USD reserve of $5.10 billion as of Aug. 30.
The Defiant covered the purchase on Monday, its first since June 22.
ETFs Report LateU.S. spot bitcoin ETFs showed $17.3 million of inflows for Monday on Farside Investors, with Bitwise's BITB at $4.3 million, Grayscale's mini product at $9.4 million and Morgan Stanley's MSBT at $3.6 million. BlackRock, Fidelity, Invesco, Franklin, Valkyrie and VanEck had not posted figures at the time of writing, so the total is partial. Friday's $201.9 million of outflows ended five days of inflows, and the week to Aug. 28 still netted $924.5 million.
Spot ether ETFs took in $87.6 million on Monday, with BlackRock's ETHA accounting for $59.9 million and Grayscale's product $13.5 million. Every session Farside lists from Aug. 25 onward is positive.
Breadth Turns PositiveSeventy-six of the 108 largest non-stablecoin tokens rose and 32 fell, reversing Monday, when 88 of 125 declined. Total crypto market value gained 0.22% while bitcoin fell 0.71%.
The Crypto Fear & Greed Index read 69 on Tuesday, up from 62 on Monday, according to Alternative.me. The index has been in greed since Aug. 20.
DeFi total value locked stood at $88.32 billion, up 0.36% over 24 hours, DefiLlama data shows. Stablecoin supply reached $304.4 billion, up 0.42% over seven days and 1.43% over 30 days, or $1.27 billion of net issuance on the week.
DeFi Tokens Take The DayTokenPrice24h7dArbitrum (ARB)$0.1087+25.2%+14.5%Curve DAO (CRV)$0.3611+14.1%+11.6%Optimism (OP)$0.09874+13.9%-4.2%Trust Wallet Token (TWT)$0.5506+12.2%+19.8%Uniswap (UNI)$5.74+11.1%+30.5%NEAR Protocol (NEAR)$2.02+7.8%+5.5%Uniswap's UNI has the clearest link to the same revenue. Its V4 and V3 deployments are the largest fee earners on Robinhood Chain, collecting $2.68 million and $1.45 million over 24 hours as of Monday, and protocol fees on the network burn UNI. Uniswap Labs proposed extending fee collection to the chain on July 11, writing that the change would "extend the infrastructure for collecting and burning protocol fees to Robinhood Chain" and "enable v2, v3, and v4 protocol fees." The snapshot vote ran July 10-15. No announcement is dated to Tuesday's move.
Curve's 14.1% gain has no dated trigger. Its blog has published nothing on the token since an Aug. 13 post recording annual CRV emissions falling below 100 million for the first time, to about 97.2 million from 115.5 million as Epoch 6 began. The most recent entry is a weekly metrics post dated Aug. 27.
Optimism rose 13.9% and remains 4.2% lower over seven days. Trust Wallet's TWT leads the week among the group at 19.8%.
Mantle And Jito Give BackTokenPrice24h7dMantle (MNT)$0.5396-4.8%+5.7%Venice Token (VVV)$16.29-4.3%-10.0%Morpho (MORPHO)$2.54-4.2%+0.6%Jito (JTO)$0.4255-4.0%-21.5%Rain (RAIN)$0.01655-3.1%+14.0%LayerZero (ZRO)$1.01-3.0%-13.8%Jito's JTO is 21.5% lower over seven days, the steepest weekly decline in the group, and LayerZero's ZRO 13.8% lower. Morpho fell 4.2% a day after gaining 6.3%.
Monero held a 12.9% weekly gain at $504, and Zcash a 4.9% weekly gain at $849. Pepe is 11.8% lower over seven days and Injective 14.7% lower.
Prices and market data as of 11:35 a.m. ET on Sept. 1, 2026. Percentage changes and prices are drawn from DefiLlama's CoinGecko-keyed price feed; aggregate market value, volume and dominance from CoinGecko.
New York City, USA, September 1st, 2026, Chainwire
As gold’s recent run higher has renewed interest in the metal as a store of value, Arch Lending, the alternative-asset lending platform operated by ChainFi, Inc, today began accepting PAX Gold (PAXG) and Tether Gold (XAUT) as loan collateral at starting loan-to-value ratios of up to 75%.
Borrowing Against Gold Is Already Happening
Demand for credit against tokenized gold is documented rather than theoretical. By January 29, 2026, Aave governance data showed $24.99 million in outstanding debt against a $25 million isolated debt ceiling for Tether Gold, effectively full utilization, with the ceiling raised repeatedly in the following weeks as borrowing continued to fill available capacity.
That activity took place on a decentralized protocol, at variable rates, without fiat funding or a regulated custodian. Arch Lending now offers the same underlying trade through a regulated, custodial structure: fixed 12-month terms, funding in dollars or USDC, and eligible collateral custodied by Anchorage Digital, a federally chartered bank.
PAXG, issued by Paxos Trust Company, represents one fine troy ounce of gold from an LBMA-accredited London Good Delivery bar held in Brink’s vaults. XAUT, issued by TG Commodities Limited, represents one fine troy ounce from a London Good Delivery bar held in Swiss custody. Together they account for the overwhelming majority of a category that generated $90.7 billion in spot trading volume in the first quarter of 2026, according to CoinGecko, surpassing the $84.64 billion recorded across the whole of 2025.
A New Class of Borrower
Arch Lending is targeting a profile that has largely sat outside crypto lending: gold investors, wealth advisors, commodities traders, family offices, and corporate treasuries with existing precious-metals allocations.
“We’re seeing real demand from advisors and family offices with a gold sleeve who have never borrowed against it, because the process was slow and usually ended in a sale,” said Himanshu Sahay, Co-Founder and CTO of Arch Lending. “Tokenization fixed the plumbing. Credit is the part that makes it worth doing.”
Terms
Loans start at $250,000, generally with 12-month terms. Rates for monthly-payment loans begin at 9.25% APR between $250,000 and $750,000, comprising 8.50% interest and a 0.75% origination fee, falling to 7.25% APR above $5 million. Rates and fees are subject to applicable state requirements.
$250,000 minimum loan size Up to 75% initial LTV 85% margin-call threshold 90% liquidation threshold Generally 12-month loan structures USD or USDC funding No credit score is used for loan approval. Eligibility requirements apply. No prepayment penalties 24-hour cure window Partial-only liquidation Eligible collateral custodied by Anchorage Digital N.A., which maintains $100 million of insurance coverage through Lloyd’s of London No rehypothecation PAXG and XAUT now sit alongside Bitcoin, Ethereum, Solana, and XRP within Arch Lending’s collateral set, extending Arch Lending’s core Bitcoin-backed lending platform into a multi-asset collateral set spanning digital assets and gold.
About Arch Lending
Arch Lending is a U.S.-based lending platform that lets holders of alternative assets borrow against their holdings without selling. It supports Bitcoin, Ethereum, Solana, XRP, PAX Gold and Tether Gold as collateral. Eligible client assets are held 1:1 in segregated custody with Anchorage Digital, a federally chartered bank and qualified custodian, and are not rehypothecated.
For more information, you can visit: archlending.com
All terms are illustrative, subject to change, and not available in every jurisdiction. This announcement is not a commitment to lend. Loans are subject to application, verification, applicable law, and final loan documentation. Digital assets involve significant risks, including price volatility, liquidation, loss of value, issuer and counterparty risk, technology risk, and possible loss of principal. Digital assets held in custody are not subject to the protections of the FDIC or SIPC. Terms are subject to underwriting, collateral type, loan size, jurisdiction, and other eligibility requirements.
Oscar Health letos vzrostl o 108,5 % a těží z prudkého růstu počtu členů i výnosů. Počet členů vzrostl o 46 % na 2,96 milionu a ve 2. čtvrtletí výnosy vyskočily o 70 % na 4,88 miliardy USD.
Key Takeaways Oscar Health shares have surged 109% YTD, outperforming its industry, sector and S&P 500 composite.Membership rose 46% to 2.96 million, while second-quarter revenues jumped 70% to $4.88 billion.OSCR plans more than 150 new metro areas by 2027 and targets a 20% revenue CAGR and 5% operating margin. Shares of Oscar Health (OSCR - Free Report) have gained 108.5% year to date, outperforming the industry, its sector, as well as the Zacks S&P 500 composite in the same time frame. OSCR shares are trading at a discount to their 52-week high.
The surge likely reflects a major profitability turnaround at Oscar Health. Strong ACA membership growth, higher revenue, improved medical-loss ratios, and better cost management significantly boosted earnings. Management’s substantial increase in 2026 profit guidance further strengthened investor confidence, leading to a major rerating of the stock.
Oscar is a leading healthcare technology company built around a full-stack technology platform. It is well-positioned for sustained growth as it strengthens its presence in the expanding U.S. individual health insurance market.
OSCR vs Industry, Sector, S&P 500 YTD
Image Source: Zacks Investment Research
Oscar’s peer, Molina Healthcare (MOH - Free Report) , a government-focused managed-care insurer with Marketplace and Medicaid exposure, has gained 51.1% year to date, while another peer, Centene (CNC - Free Report) , a major managed-care insurer with substantial ACA Marketplace exposure, has gained 68.5% in the same time frame.
OSCR Shares Are ExpensiveThe stock is overvalued compared with its industry. It is currently trading at a price-to-book multiple of 4.5, higher than the industry average of 2.67 and the median of 2.64 over five years. It has a Value Score of B.
Image Source: Zacks Investment Research
OSCR is expensive compared to Molina Healthcare and Centene.
The Case for OSCR StockStructural shifts in employment—including the rise of gig work, part-time jobs, self-employment and early retirement—are increasing demand for portable health insurance outside traditional employer-sponsored plans. Oscar Health is well-positioned to capitalize on this trend through its differentiated technology platform, which integrates plan design, member engagement, care navigation, claims processing and provider management. Its Individual Coverage Health Reimbursement Arrangements, Lucie Health marketplace and Trove Group also create growth opportunities beyond the core insurance business.
Strong membership growth reflects rising acceptance of Oscar’s offerings. Membership reached 2.96 million as of June 30, 2026, up 46% year over year. Second-quarter revenues jumped 70% to $4.88 billion, supported by membership gains and premium-rate increases. Oscar expects 2026 revenues of $18.7-$19.0 billion, demonstrating its growing scale in the individual insurance market.
The company plans to enter more than 150 additional metropolitan statistical areas by 2027. Disciplined pricing, consumer-focused products and a scalable technology platform should support continued expansion in the Affordable Care Act marketplace. Oscar’s strategy also aligns with major healthcare trends, including rising costs, consumerization, digitization and greater personalization. Its early focus on these areas could provide a sustainable competitive advantage as the healthcare system evolves.
Management targets a 20% revenue CAGR through 2027 and a 5% operating margin next year. Technology and AI initiatives, fixed-cost leverage and lower risk-adjustment expenses as a percentage of premiums are already helping improve the expense ratio.
Oscar’s financial position has also strengthened. As of June 30, 2026, it held approximately $4.08 billion in cash and cash equivalents and $6.08 billion in investments, compared with long-term debt of roughly $432 million. This liquidity provides ample flexibility to meet regulatory capital requirements, fund technology investments and support continued membership growth.
Optimistic Analyst SentimentThe Zacks Consensus Estimate for 2026 and 2027 revenues indicates a 60.8% and 9.6% year-over-year increase, respectively. The same for 2026 and 2027 earnings implies a 191.2% and 15.8% year-over-year increase, respectively.
The expected earnings growth rate is pegged at 31.5%, better than the industry average of 12.8%. The company has a Growth Score of A.
The consensus estimate for 2026 and 2027 earnings has moved 144.4% and 31.6% north, respectively, in the past 30 days.
Image Source: Zacks Investment Research
The consensus estimates for 2026 and 2027 earnings of Molina Healthcare, as well as Centene, witnessed upward movement in the past 30 days.
How to Play OSCR SharesOscar’s expanding membership, improving cost structure, scalable technology platform, consistent underwriting discipline and solid balance sheet will help it convert its strong results into durable earnings. Its VGM Score of A instills confidence.
Optimistic analyst sentiment, price appreciation and discounted valuation make this Zacks Rank #2 (Buy) stock a strong contender for addition to one’s portfolio. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
PJM vyřadil z připojovací fronty projekt Oklo v Ohiu podpořený Meta Platforms, což má výstavbu zdržet nejméně o 14 měsíců a zvýšit náklady. Akcie Oklo v odpoledním obchodování klesly o 5 %.
PJM yanked a Meta-backed nuclear campus from its grid queue, hitting Oklo with a company-specific blow on top of a sector already reeling from surging Treasury yields. How those two pressures compound tells investors something important about every pre-revenue reactor…
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Two separate stories are stacked on the nuclear sector today, and Oklo (NYSE:OKLO | OKLO Price Prediction) sits at the center of both. Rising long-term Treasury yields are pressuring every pre-revenue reactor developer, and Oklo carries an added company-specific hit after PJM Interconnection pulled its Meta-backed Ohio project from the grid queue.
Oklo stock is down 5% to $38.46 in early afternoon trading, a fresh reminder that the shares were already down 43% year to date (YTD) through Monday’s close. The move sets Oklo apart from the rest of the sector today.
Meanwhile, NuScale Power (NYSE:SMR) stock is down 0.8% to $9.20, barely moving despite Oklo’s slide. Centrus Energy (NYSE:LEU) stock is down 3% to $166.53, tracking the sector rather than Oklo’s project-specific news.
FERC Complaint Over Meta-Backed Ohio Queue Oklo filed an emergency complaint at the Federal Energy Regulatory Commission on Friday, August 28, arguing that PJM Interconnection improperly removed a 750-megawatt generating project from its interconnection study cycle. The project combines 150 megawatts of advanced nuclear generation, 300 megawatts of fuel cells, and 300 megawatts of gas-fired generation.
PJM withdrew the project on August 3, citing application shortcomings that included Oklo not showing its project could ride through a sudden drop in grid voltage. Oklo says the removal will delay the project by at least 14 months and significantly increase development costs, that the deficiencies are fixable, and that PJM violated its own tariff by failing to flag problems and allow a chance to cure them.
The project sits inside Oklo’s planned 1.2-gigawatt power campus in Pike County, Ohio. Meta Platforms (NASDAQ:META) agreed in January to back the campus, which is intended to supply its data centers.
PJM spokesman Jeffrey Shields said the grid operator doesn’t comment on individual interconnection applications, and noted that nearly 90% of the 811 projects submitting new service requests met the requirements to be studied in the most recent cycle. The most probable outcome from here remains a project delay.
Rates Weigh on the Wider Nuclear Complex A global bond selloff has lifted the 10-year Treasury note yield to 4.786%, above its prior one-year high of 4.75% set on July 31. Pre-revenue nuclear developers are long-duration assets whose value sits years out, so they discount harder as yields rise.
Also, Global X Uranium ETF (NYSEARCA:URA) is down 3% to $44.16, tracking the broader repricing across uranium and nuclear names. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.7% to $761.68, a milder pullback that highlights how much pressure sits in duration-sensitive corners of the market.
The nuclear complex is falling harder than the broad market, and Oklo is falling harder than the nuclear complex. The pressure on Oklo today comes from grid interconnection, an execution risk that runs across every pre-revenue nuclear developer regardless of how sound its reactor design (we mapped five ways to play the restart, utilities and fuel included, in a free nuclear guide).
What to Watch Oklo asked FERC to restore its original queue position and to order PJM to respond by September 4, and PJM plans to file its response by Friday. Interconnection queue position is an unglamorous variable that decides whether any of these reactors ever sells power, and it now sits alongside licensing and construction as something to track.
Position sizing on Oklo stock should reflect that queue removal can compound with rising discount rates to widen drawdowns. Investors holding existing shares can trim into strength if the FERC response arrives on schedule, while new buyers can wait for clarity on whether the Ohio queue slot is restored.
Contact [email protected] for any questions or corrections.
Meta přechází z Google Chat na Slack pro interní komunikaci, protože podle firmy je lepší pro AI agenty. Pro Slack je to velká výhra a potvrzení rostoucího zájmu o AI nástroje.
Meta CEO Mark Zuckerberg. Bloomberg/Getty Images Get ready to hear Slack notifications if you work at Meta.
The tech giant is switching over from Google Chat to Slack for internal communications, according to a memo its AI chief, Alexandr Wang, sent out this week.
Meta is making the move because it says Slack is better for handling AI agents, the memo reads.
"Slack is the strongest platform available today for agents, which is why we're deciding to make the switch," it says. "Slack has a rich conversational interface for agents, mature developer tooling and strong 3P integrations. While not all of us are building agents today, everyone at the company will benefit from a robust and useful agent ecosystem."
Wang's comment about "strong 3P integrations" refers to third-party integrations, meaning Slack is not only attractive because of the tool itself but because it already has a large range of external tools and AI agents that can plug directly into it.
The move is a major win for Slack owner Salesforce, which has been investing heavily in AI features and products. Salesforce bought Slack for $27.7 billion in 2021.
Meta and Salesforce declined to comment. Google didn't respond to a request for comment.
The migration also shows how Slack has capitalized on the current craze for AI agents. The product has made it easy for users to integrate AI agents into it to automate tasks, request data, and provide teams with updates.
Salesforce's stock has fallen over the past year amid concerns about whether those AI agents will eventually replace the software that many workers use.
The company's stock surged nearly 23% in a single day last week following an expanded partnership with Anthropic and an earnings release reporting strong results, including new annual order growth and rising subscription and support revenue.
"This is not the SaaSpocalypse," Salesforce CEO Marc Benioff said. "We've been hearing about this for the last two quarters, these dire predictions about the end of software, and how the models eat everything, but none of them have come true for us."
Have a tip? Contact Meta reporter Charles Rollet securely on Signal at charlesrollet.12 or +1-628-282-2811. Contact Salesforce reporter Ashley Stewart via email at [email protected] or Signal at +1-425-344-8242. Use a personal email address and a nonwork device; here's our guide to sharing information securely.
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Charles Rollet is BI's tech correspondent in San Francisco. Prior to joining BI, Charles worked at TechCrunch covering startups and VC. Charles is based in the Bay Area, where he enjoys hiking with his dogs. You can contact Charles securely on Signal at charlesrollet.12 or +1-628-282-2811.
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Antimonopolní regulátoři EU zjišťují, zda vydavatelé využijí návrh Googlu na opt-out z vyhledávání s využitím AI, aniž by to ovlivnilo jejich pozice ve výsledcích vyhledávání. Výsledek může ovlivnit vyšetřování, které může Googlu vynést další vysokou pokutu.
EU antitrust regulators are seeking feedback from publishers on Google's (GOOGL.O) proposal to let them opt out of AI search without affecting their rankings in search results, a questionnaire seen by Reuters showed.
The publishers' feedback could determine the outcome of an ongoing EU investigation that could result in yet another hefty fine for Google if the proposal fails to address competition concerns and publishers' worries about unfair use of their content.
Google announced its AI opt-out for publishers in June, the same day the UK antitrust watchdog ordered it to allow publishers the option to stop their content being used to power its AI features.
The U.S. tech giant, which plans to roll out the opt-out globally, declined to comment and referred to its June 3 blog post on the topic.
Its AI Overviews, which are AI-generated summaries that appear above traditional hyperlinks, have triggered EU antitrust complaints by publishers concerned about falling traffic and declining revenues.
The EU questionnaire, sent out in July with an August 28 deadline for replies, asked if publishers will make use of the opt-out and the factors influencing their decision.
The document also asked publishers for their views on changes to Google's search box announced in May which included bringing AI Overviews and AI Mode into one AI Search.
The world's most popular internet search engine has racked up more than 10 billion euros in EU antitrust fines for various violations over nearly two decades.
Amazonův Zoox a Alphabetův Waymo rozšiřují služby robotaxi do dalších amerických měst. Zoox začne testovat v Houstonu a San Diegu, Waymo přijme první veřejné pasažéry v Denveru, San Diegu a Tampě.
Amazon's Zoox and Alphabet's Waymo on Tuesday separately announced expansions of their driverless ride-hailing operations into new U.S. cities, weeks after Zoox started paid services.
Zoox said it would begin testing in Houston and San Diego, bringing its presence to 12 U.S. locations. It will initially use retrofitted test vehicles for manual mapping and testing before deploying its purpose-built driverless robotaxis.
Its commercial launch has intensified competition with Waymo and Tesla as companies race to scale autonomous ride-hailing in the U.S.
Waymo, meanwhile, said it would begin welcoming its first public riders in Denver, San Diego and Tampa, bringing its fully autonomous ride service to 14 cities. The company said it would gradually expand access to riders in the three cities.
Zoox has been carrying passengers for free in Las Vegas, San Francisco, Austin and Miami as part of its testing program, before it started offering paid rides in Las Vegas in August.
Waymo already operates paid driverless services in multiple U.S. cities and is also expanding overseas. The company said last month it would begin testing in Munich ahead of a planned commercial launch in Germany toward the end of 2027.
Nokia ve 2. čtvrtletí 2026 více než zdvojnásobila výnosy z AI a cloudu, objednávky dosáhly 2,8 miliardy EUR. Zároveň vykázala 390 milionů EUR restrukturalizačních nákladů a záporný volný cash flow ve výši 732 milionů EUR.
Key Takeaways Nokia's AI & Cloud sales more than doubled in Q2 2026, with order intake reaching 2.8 billion euros.Nokia is expanding optical capacity and advancing AI-RAN to capture rising AI and cloud infrastructure demand.Nokia faces near-term pressure from restructuring charges, stiff competition and negative free cash flow. Nokia Corporation (NOK - Free Report) shares have surged 135.8% in the past year compared with the industry’s growth of 26.4%. The stock has outperformed the Zacks Computer & Technology sector and the S&P 500 during the same time frame.
Image Source: Zacks Investment Research
The company has outperformed its peers like Arista Networks, Inc. (ANET - Free Report) and Ericsson (ERIC - Free Report) . Shares of Ericsson have gained 27.9%, and shares of Arista have risen 40.4%.
Major Growth DriversIn the near term, one of the key growth drivers for Nokia is accelerating investment in AI and cloud infrastructure. Nokia’s AI & Cloud sales more than doubled year over year in the second quarter of 2026, representing 105% growth. AI & Cloud order intake reached €2.8 billion. It is to be noted that the demand was not confined to a particular product category. The company secured long-term orders across both Optical Networks and IP Networks.
Nokia’s optical portfolio supports applications spanning from metro and regional networks to long-haul connectivity and data-center interconnects. Rising bandwidth requirements of AI workloads, cloud computing and data-center interconnectivity is propelling sales in the Optical Networks business. Nokia is also expanding optical manufacturing capacity in the United States. Its San Jose facility is expected to begin ramping production toward the end of 2026. Such initiatives to support increasing demand are positive.
IP Networks is another important growth contributor. Stronger demand for IP routing and data-center switching is driving net sales in this vertical.
Nokia’s development of AI-RAN provides a longer-term growth opportunity. The company has already launched the industry’s first commercial AI-RAN platform during the quarter. The leading-edge tech is designed to increase network capacity using existing spectrum. It also allows radio networks to evolve through software rather than requiring frequent hardware replacements.
It is evident from its recent strategy that Nokia is expanding beyond traditional connectivity hardware by incorporating AI into network operations. The company is collaborating with Google Cloud to introduce AI agents for autonomous networks. Nokia is partnering with Vodafone to develop AI-powered network slicing that can dynamically allocate network resources. Such strategic collaboration with industry leaders bodes well for sustainable growth.
Key ChallengesNokia’s strategy of pivoting toward higher-growth businesses is creating significant near-term financial pressure. The company recorded €390 million of restructuring and associated charges in the second quarter of 2026. This is weighing on operating profit. Nokia’s AI and optical infrastructure expansion requires substantial capital investment.
Free cash flow was negative €732 million in the second quarter, while net working-capital outflows were approximately €1.15 billion. Continued investment in optical manufacturing capacity may bring long-term benefits but will likely impact free cash flow in the near term.
Nokia continues to compete in highly competitive telecommunications equipment markets where pricing, technology differentiation and customer procurement decisions influence contract awards and long-term profitability. In data-center and IP networking, Arista Networks brings strong competition, while Ericsson remains a major rival in mobile infrastructure.
The company remains exposed to the cyclical nature of telecommunications infrastructure spending, which can create uneven revenue and profitability across investment cycles. While AI and cloud demand is supporting Optical Networks and IP Networks, carrier spending remains mixed across regions and business lines.
Estimate Revision TrendThe company’s earnings estimates for 2026 have declined, and 2027 have improved over the past 60 days.
Image Source: Zacks Investment Research
Key Valuation Metric of NOKFrom a valuation standpoint, NOK is currently trading at a discount compared to the industry. Going by the price/earnings ratio, the company’s shares currently trade at 21.96 forward earnings, lower than 30.71 for the industry and above its mean of 20.02.
Image Source: Zacks Investment Research
End NoteNokia's growth strategy is increasingly shifting from traditional telecom infrastructure toward AI-driven connectivity infrastructure. Strong momentum in the Optical Networks and IP Networks business is positive. Partnership with leading tech companies is boosting commercial opportunities. However, competitive market dynamics and cyclical end markets remain major concerns. Macroeconomic uncertainty remains a headwind. With a Zacks Rank #3 (Hold), Nokia appears to be treading in the middle of the road, and new investors could be better off if they trade with caution. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Anthropic uzavřela s Lambda cloudovou smlouvu za 35 miliard USD na nákup výpočetního výkonu. Kapacita má pocházet z datacentra Hut 8 v Texasu s hardwarem Nvidia.
Anthropic has agreed to a $35 billion deal to buy computing power from Nvidia-backed cloud provider Lambda, the Wall Street Journal reported, citing unnamed sources.
The new capacity will be sourced from a Texas data center operated by bitcoin miner Hut 8, with Nvidia holding the underlying lease on the property, according to the report.
The arrangement is the latest example of the tangled web of deals reshaping the AI industry, with Nvidia serving simultaneously as landlord, chip supplier and facilitator across the transaction. Anthropic has now signed $175 billion in cloud deals in recent months as it looks to secure computing capacity ahead of an anticipated supply crunch.
The capacity for the Anthropic-Lambda deal will run through Hut 8's Beacon Point campus in Nueces County, Texas. Hut 8 had previously signed two 15-year leases covering 704 megawatts at the campus with an investment-grade customer later identified as Nvidia, which holds the primary facility lease. Those underlying contracts carry $19.6 billion in base-term contract value for Hut 8.
Once fully operational, the 704-megawatt Beacon Point campus is expected to generate an average of $1.31 billion in annual operating income for Hut 8.
Under the structure of the deal, Anthropic pays Lambda, Lambda installs Nvidia hardware, and Nvidia pays Hut 8 the underlying facility rent, a setup that guarantees Hut 8's long-term infrastructure revenue regardless of specific compute utilization.
