Ripple se připojil k britské vládní pracovní skupině, která má pilotně ověřit tokenizaci na blockchainu na repo trhu. Projekt míří na trhy v hodnotě 33 miliard GBP a první ostrý pilot má přijít na jaře 2027.
Dr. Kamilah Stevenson reported that Ripple has joined a UK government initiative aimed at modernising wholesale financial markets using blockchain technology. She described this development as more significant than a standard business partnership, given the involvement of government bodies in shaping future market standards.
UK Treasury leads digital market modernisationStevenson highlighted the role of the UK Treasury’s Wholesale Digital Markets Taskforce, which has been tasked with establishing operational guidelines for the tokenisation of institutional finance. This effort seeks to lay the foundation for integrating distributed ledger technology across key components of the financial system.
According to Stevenson, Ripple is involved in the taskforce’s tokenisation plans and collaborates with the government-appointed Wholesale Digital Markets Champion. She emphasized that government participation is crucial because standards set at this level could shape how banks, funds, and infrastructure providers operate for years to come.
Ripple is supporting the UK government’s initiative on tokenisation strategy, with Treasury involvement potentially influencing the standards financial institutions will follow in the future.
Major tokenisation initiative targets repo marketsA government plan cited by Stevenson estimates the initiative’s potential value at approximately £33 billion, with a projection of £14 billion in extra annual tax revenue by 2035. These figures suggest that UK officials view tokenised markets as a key economic priority, moving beyond simple technology trials to large-scale policy projects.
The initiative is expected to debut in the repurchase agreement (repo) market, targeting testing and a live pilot for spring 2027. Repo markets play a central role in daily bank funding, involving short-term loans in which institutions swap securities, like government bonds, for cash before reversing the transaction.
Transferring repo processes to a blockchain could reduce the need for manual reconciliation, streamline the transfer of collateral, and enable immediate ownership updates. However, successful market adoption would depend on legal clarity, dependable technology infrastructure, and broad industry participation.
Mini dictionary: Repurchase agreement (repo) — A short-term borrowing mechanism in which financial institutions sell securities and agree to repurchase them at a later date, commonly used to manage day-to-day funding and liquidity needs in the banking sector.
MetricEstimated Value/ProjectionInitiative’s potential value£33 billionProjected annual tax revenue by 2035£14 billionFirst live pilot target dateSpring 2027XRP Ledger and the trend toward institutional adoptionStevenson also noted Ripple’s earlier partnership with Aviva Investors, a major UK fund manager overseeing about £253 billion in assets. In this initiative, Aviva began its first steps toward tokenising traditional funds on the XRP Ledger, Ripple’s blockchain-based settlement network.
She said tokenised real-world assets on the XRP Ledger grew from around $150 million to about $4 billion over one year, spanning more than 500 products. However, the source of these figures was not independently verified and should be viewed as estimates presented by Stevenson.
Stevenson distinguished between adoption by private companies and adoption driven by policymakers. She argued that government endorsement usually leads to the creation of broader industry standards, stating, “Companies choose vendors, governments choose standards.”
The transition to regulated blockchain infrastructure may no longer depend on whether institutions will use distributed ledger technology, but on which networks and settlement rails become embedded within formal market operations.
Participation in a Treasury-supported pilot does not guarantee a specific outcome for XRP or exclusive use of the XRP Ledger. Still, the involvement signals a shift as tokenisation progresses from experimental stages toward integration with core market infrastructure.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Canary XRP ETF v první polovině roku 2026 klesl v čistých aktivech o 81,6 milionu USD na 241,2 milionu USD, i když čistý příliv kapitálu činil 82,4 milionu USD. Hlavní brzdou byl pokles hodnoty XRP, který převážil nové emise podílů.
Canary Capital’s XRP exchange traded fund ended the first half of 2026 with $81.6 million fewer net assets even after positive capital share activity added $82.4 million.
Summary
Canary XRP ETF ended June with $241.2 million, down $81.6 million from December despite creations. Net capital share transactions added $82.4 million, while operations reduced assets by $164.0 million overall. Unrealized XRP depreciation accounted for $159.7 million of the fund’s operational decline during 2026 midyear. XRP holdings climbed 31.7% to 231.3 million tokens, even as their dollar value declined sharply. XRPC posted a 42.84% NAV loss during 2026’s first six months, according to Canary data. An Aug. 7 SEC filing shows that falling XRP valuations more than offset the increase in shares during the six months through June 30.
The unaudited Form 10 Q puts XRPC’s net assets at $241.17 million on June 30, down from $322.82 million at the end of 2025. Meanwhile, outstanding shares increased from 16.49 million to 21.77 million as the fund created 5.65 million shares and redeemed 370,000. XRP itself fell 43.27% from $1.84 to $1.04 over the same period.
Investors poured $82 million into Canary’s XRP ETF, but falling prices erased double what they put in
One large allocation or the start of a broader bid? pic.twitter.com/z2cGvbw7hs
— Xora Finance (@xora_finance) August 10, 2026 Canary XRP ETF added shares while XRP erased value The accounting behind the decline shows two forces moving in opposite directions. XRPC recorded $88.26 million from shares sold and $5.90 million from shares redeemed. The resulting $82.36 million increase from capital share transactions was outweighed by a $164 million decrease in net assets from operations.
Most of that operational decline came from XRP rather than fees. The fund recorded $159.70 million in unrealized depreciation, $3.59 million in realized investment losses and $716,898 in sponsor fees during the six month period. Unrealized depreciation was therefore almost twice the value added through net capital share transactions.
The contrast follows an initially strong reception for the fund. As crypto.news reported in its launch day coverage, XRPC generated about $58 million in trading volume when it debuted on Nasdaq in November 2025, making it one of that year’s largest new ETF launches by first day volume.
The $82 million figure is not simply investor cash inflow The $82.36 million increase should not be treated as $82.36 million of retail investors depositing cash into XRPC. Canary’s SEC prospectus allows authorized participants to create and redeem baskets using either cash or XRP. Investors trading XRPC shares on Nasdaq do not directly create or redeem shares with the trust.
The latest filing shows the distinction clearly. XRPC purchased 34.13 million XRP valued at $52.20 million during the first half, while another 25.93 million XRP valued at $36.05 million entered the trust through in kind share creations. The fund also sold 3.93 million XRP worth $5.90 million to meet redemptions and reported no XRP distributed in kind for redemptions.
Accordingly, the filing supports describing the $82.36 million as net capital share activity rather than a direct measure of investor cash inflows. It does show that creation activity exceeded redemptions during the period.
XRPC held 31.7% more XRP but the position was worth less XRPC’s XRP holdings increased from 175.63 million tokens at the beginning of 2026 to 231.28 million on June 30, a rise of about 31.7%. Yet the fair value of the XRP position fell from $322.97 million to $241.28 million because the underlying asset declined sharply.
That disconnect has also appeared across the wider U.S. XRP ETF market. In related ETF flow coverage, crypto.news reported in July that cumulative inflows across spot XRP funds remained well above their combined net assets as falling token prices reduced portfolio values.
The price weakness does not mean creations stopped altogether. More recent fund flow reporting showed XRP ETFs recording fresh net inflows on July 29 after a four day pause, while XRP remained near the $1.10 area.
XRPC assets slipped further after the June quarter Canary’s latest published fund data shows XRPC remained below its June level after the reporting period. Net assets stood at $237.38 million on Aug. 7, with both NAV and market price at $10.85. Shares outstanding had increased to 21.87 million from 21.77 million at June 30.
The same data puts XRPC’s NAV return at negative 43.93% for 2026 through Aug. 7, compared with negative 42.84% through June 30. Its market price return was negative 44.22% year to date. Those figures show that the valuation pressure documented in the SEC report had not fully reversed by early August.
For XRPC, the next financial filing will provide another formal snapshot of whether continued share creation can offset movements in XRP’s price. The first half results already make the current dynamic clear: the trust accumulated substantially more XRP, but the falling value of each token left the fund with fewer dollars in net assets.
Güney Kore merkezli kripto para borsası Upbit, CYS, ICNT, XAN, EDEN, AIOZ ve ALLO için yeni işlem desteği başlatacağını duyurdu. Altı altcoin, BTC ve USDT piyasalarında işlem görecek.
Borsa, ilk duyurusunda işlemlerin 10 Ağustos saat 14.00 KST’de başlamasını planladı. Ancak daha sonra yaptığı güncellemeyle listeleme başlangıcını 17.00 KST’ye, yani Türkiye saatiyle 11.00’e erteledi.
Yeni listelemelerle birlikte Upbit kullanıcıları aynı gün altı farklı token için yeni işlem çiftlerine erişebilecek.
Upbit Hangi Altcoinleri Listeliyor? Upbit’in duyurusuna göre yeni işlem desteği alacak altcoinler şöyle:
CYS (Cysic) ICNT (Impossible Cloud Network) XAN (Anoma) EDEN (OpenEden) AIOZ (AIOZ Network) ALLO (Allora) Altı varlığın tamamında BTC ve USDT işlem piyasaları açılacak.
Ancak tokenların kullanılacağı blockchain ağları birbirinden farklı.
Altcoinlerin Ağları Belli Oldu Upbit’in duyurusunda CYS ve ICNT için Base ağı destekleniyor.
XAN, EDEN ve AIOZ için ise Ethereum ağı kullanılacak. ALLO’nun yatırma ve çekme işlemleri ise Allora ağı üzerinden gerçekleştirilecek.
Borsa, kullanıcıları yatırma işlemi öncesinde doğru ağı kontrol etmeleri konusunda ayrıca uyardı. Duyuruda belirtilen ağlar dışındaki transferlerin desteklenmeyeceği belirtildi.
Bu nedenle yeni listelemelerde yalnızca işlem piyasalarının değil, yatırma ve çekme ağlarının da kontrol edilmesi gerekiyor.
Yeni Listelenen Altcoinlerde İşlem Kısıtlaması Var Upbit, yeni işlem desteği verilen varlıklar için geçici işlem sınırlamaları da uygulayacak.
Borsanın duyurusuna göre işlem başladıktan sonra yaklaşık 5 dakika boyunca alış emirleri kısıtlanacak. Ayrıca önceki kapanış fiyatının %10 altında satış emri verilmesine yönelik sınırlama uygulanacak.
Bunun yanında işlem başladıktan yaklaşık 2 saat boyunca piyasa emri gibi belirli emir türleri kullanılamayacak. Bu süreçte yalnızca limit emirleri desteklenecek.
Upbit, söz konusu fiyat sınırlarının CoinMarketCap tarafından sağlanan fiyat verileri temel alınarak belirleneceğini açıkladı.
CYS, ICNT, XAN, EDEN, AIOZ ve ALLO Nedir? Upbit’in proje açıklamalarına göre altı token farklı blockchain ve Web3 alanlarına odaklanıyor.
CYS, Cysic’in ComputeFi ekosisteminde kullanılan token olarak öne çıkıyor. Proje, GPU, ASIC ve diğer donanım kaynaklarını merkeziyetsiz bir yapı üzerinden kullanılabilir hale getirmeyi hedefliyor. ICNT, Impossible Cloud Network’ün DePIN tabanlı bulut altyapısında kullanılıyor. Proje, depolama, GPU ve CPU gibi fiziksel donanım kaynaklarını merkeziyetsiz bir ağ üzerinden hizmetlere bağlamayı amaçlıyor. XAN, Anoma ekosisteminin yönetişim tokenı olarak kullanılıyor. Anoma, farklı blockchainleri tek bir ortamda birleştirmeyi hedefleyen merkeziyetsiz bir altyapı geliştiriyor. EDEN, OpenEden’in RWA odaklı ekosisteminde yer alıyor. Proje, gerçek dünya varlıklarını blockchain üzerinde kullanıma sunmaya yönelik finansal ürünler geliştiriyor. AIOZ, merkeziyetsiz depolama, içerik dağıtımı, video ve yapay zeka altyapısına odaklanan AIOZ Network’ün yerel tokenı olarak kullanılıyor. ALLO ise Allora’nın merkeziyetsiz makine zekası ağı içinde hizmet, staking, yönetişim ve ödül mekanizmalarında kullanılıyor. Upbit Listelemesi Altcoinler İçin Neden Önemli? Altı tokenın aynı anda Upbit’te BTC ve USDT piyasalarında işlem görmeye başlaması, bu varlıkların Güney Kore’deki önemli bir kripto para borsasında yeni işlem erişimi kazanması anlamına geliyor.
Ancak listeleme kararı token fiyatının bundan sonra yükseleceği anlamına gelmiyor. Yeni işlem desteğinin fiyat üzerindeki etkisi; likidite, işlem hacmi ve yatırımcı talebi gibi farklı faktörlere bağlı olabilir.
Şimdilik kesin olan gelişme ise Upbit’in CYS, ICNT, XAN, EDEN, AIOZ ve ALLO için işlem desteğini başlatması ve listeleme saatini 17.00 KST olarak güncellemesi.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Experti varují, že kvantové počítače by mohly do roku 2028 prolomit dnešní kryptografii a ohrozit Bitcoin i stablecoiny. Nejzranitelnější mají být administrativní klíče u USDT.
The prospect of quantum computers breaking today’s cryptographic defenses is raising urgent concerns among blockchain security experts. Analysts believe that the first indication of quantum-powered breaches may not be high-profile thefts, but a series of unexplained breaches targeting multiple crypto wallets at once.
Quantum computers and blockchain securityQuantus Network CEO and co-founder Christopher Smith warned that a sufficiently advanced quantum computer could derive private keys from public ones exposed on blockchain networks. This capability would allow attackers to move funds without infiltrating wallets, devices, or exchange infrastructures. Smith noted that in such events, there would be no discernible traces of how the breach occurred: only the fact that funds had been withdrawn.
His warning follows significant progress in quantum algorithms, which have recently reduced the estimated computational resources necessary to attack elliptic-curve cryptography—a mechanism widely used by leading blockchains for security.
Quantum computing refers to a new paradigm in computation, leveraging quantum bits (qubits) to solve certain problems much faster than classical computers.
Mini dictionary: Elliptic-curve cryptography is a method of encrypting data that relies on the mathematics of elliptic curves, widely used for its efficiency in securing digital transactions and communications.
Potential quantum targets in cryptoWhile much of the crypto community’s concern centers on the fate of Satoshi Nakamoto’s untouched Bitcoin—valued at $63 billion—Smith suggested that more attractive targets could be found elsewhere. He identified administrative keys for multi-chain stablecoins such as Tether’s USDT as especially valuable. According to Smith, a successful quantum attack on such administrative wallets could enable malicious actors to rapidly mint new tokens and flood the market before issuers had time to react.
Tether, the company behind USDT, manages the world’s largest stablecoin, which operates across several blockchains. Some of these networks have already taken initial steps to prepare for a post-quantum cryptography era.
Security researcher Sean Cheetham from Blockchain Capital predicted that attackers might avoid high-visibility targets and instead quietly access exchange “hot wallets,” which routinely handle user funds and are often linked to public keys.
Smith emphasized that an attacker could disguise a quantum theft as a standard compromise, providing alternative explanations such as a lost key, thus delaying detection.
Cheetham explained that such incidents would appear ordinary, as the true method of compromise would remain undetected under current investigative techniques.
Timeline for quantum riskRecent advances in artificial intelligence are accelerating the potential impact of quantum computing. In March, Google pushed up its post-quantum transition plans to 2029, following an AI-assisted breakthrough indicating that cracking elliptic curve cryptography could require fewer qubits than previously anticipated.
Roy Blackstone, CEO of crypto security firm NGRAVE, remarked that earlier quantum risk assessments did not anticipate such rapid progress in AI and quantum algorithm research.
Despite these developments, estimates for when a quantum computer will be capable of breaking cryptographic protections remain highly variable. Smith, who leads Quantus Network, said there is a “50-50” chance this milestone could be reached by 2028, given the current pace of research.
Cheetham forecasted that the early 2030s were almost a certainty for the arrival of this technology, though he acknowledged an earlier breakthrough remains possible. Michael Coates, chief information security officer at the Solana Foundation, declined to offer a timeline, stating that uncertainty prevails and the timeframe has constantly shifted.
Blackstone observed that despite disagreements over timing, major blockchain networks are already preparing for post-quantum migration. He warned that failure to do so could have disastrous consequences.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Zcash se drží nad 500 USD, zatímco shielded supply se přesouvá z Orchard do Ironwood poolu. Orchard za 24 hodin klesl téměř o 17 % na 1,49 milionu ZEC, Ironwood vzrostl o 15 % na 2,30 milionu ZEC.
Zcash (ZEC) hovers above $500 on Monday, extending a sideways move above its 50-day Exponential Moving Average (EMA) at $490. The privacy coin experiences a shift in shielded supply to the Ironwood pool, from the old Orchard pool amid easing retail demand in Zcash futures. The technical outlook for ZEC is mixed, as the price hovers above the 50-day and 100-day EMAs at $490 and $469, respectively, yet lacks bullish momentum.
Why is Zcash's shielded supply moving to Ironwood Pool?Zcash developers discovered a four-year-old vulnerability in late May that could allow the minting of counterfeit coins, raising security concerns among privacy coin users. ZEC provides a store of value for users prioritizing financial privacy through its shielded transaction features, which conceal transaction data. However, the counterfeit vulnerability could have destroyed its store of value by minting a fake supply of ZEC tokens.
To patch the issue, Zcash developers deployed an emergency hard fork on June 3, followed by the major Ironwood network upgrade in late July 2026.
Zkp.baby data shows the migration from Orchard to the Ironwood pool in progress. Orchard pool is down nearly 17% over the last 24 hours to 1.49 million ZEC, while the Ironwood pool is up 15% to 2.30 million ZEC in the same time period. In addition, the total shielded supply at 4.36 million ZEC is holding steady after a V-shaped rebound from the August 1 low of 3.65 million ZEC, indicating a mild recovery in the privacy coin adoption.
Zcash Shielded Supply. Source: Zkp.babyIs Zcash losing speculative demand?Retail demand for the privacy coin is easing in the near term as the broader crypto market remains risk-averse. CoinGlass data shows the ZEC futures Open Interest (OI) is down nearly 2% over the last 24 hours to $874.29 million, indicating a contraction in positional buildup. At the same time, the funding rate at 0.0075%, down from 0.0098% the previous day, maintains a bullish bias while reaffirming easing demand for long positions.
Zcash derivatives data. Source: CoinGlassTechnical outlook: Could Zcash extend its rally above $550?Zcash holds above $500 on Monday, maintaining a constructive near-term bias. The privacy coin holds above the 50-day, 100-day, and 200-day EMAs at $490, $469, and $414, respectively, reinforcing an underlying uptrend structure.
Momentum is mildly positive, with the Relative Strength Index (RSI) hovering at 53 just above the midline and the Moving Average Convergence Divergence (MACD) line moving flat above its signal line, hinting that buyers are struggling to assert dominance.
On the topside, bulls face their first resistance at the 78.6% Fibonacci retracement level, measured over the recent upswing from the $368 low to the $589 high, at $532. The overhead resistance trendline near $548 reinforces the initial cluster, while a sustained break above these hurdles would open the way to the swing high zone around $589.
ZEC/USDT daily price chart.On the downside, initial support emerges at the 50-day and 100-day EMAs around $490 and $469, followed by the 50% retracement at $465.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Coinsbuy, a digital asset processing platform built for enterprise and merchant clients, was hit with a major security breach that drained more than $7.9 million from wallets across the Ethereum and TRON networks. The attack, identified on August 10, marks the first publicly known hack of the platform since it launched around 2019.
What makes this one particularly thorny for investigators: the attacker funneled a portion of the stolen crypto into Monero, the privacy coin specifically designed to make transaction tracing as difficult as possible.
How the attack unfolded On-chain monitoring by Specter flagged suspicious activity tied to Coinsbuy-linked wallets, revealing that funds were being systematically drained across two of the industry’s most widely used networks. The attacker targeted assets on both Ethereum and TRON, suggesting either compromised private keys or a vulnerability in how Coinsbuy managed its multi-chain wallet infrastructure.
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After siphoning the funds, the hacker moved quickly to obscure the trail. Portions of the stolen crypto were routed through various exchanges and converted into Monero (XMR), a coin whose privacy features make it notoriously resistant to blockchain forensics.
Damage control and frozen funds Coinsbuy partnered with ChangeNOW, a non-custodial crypto exchange, to freeze a six-figure sum of the stolen assets before the attacker could fully liquidate them.
As a precautionary measure, Coinsbuy temporarily suspended all deposit and withdrawal services across its platform. The pause was relatively brief, with operations restored shortly after.
Current investigations suggest the breach was an isolated incident rather than evidence of some deeper systemic vulnerability within Coinsbuy’s infrastructure.
Why enterprise crypto platforms are increasingly in the crosshairs Coinsbuy occupies a specific niche in the crypto ecosystem. Rather than serving retail traders, it provides digital asset processing tools for businesses and merchants. The platform has operated in this space since roughly 2019, largely flying under the radar of the broader crypto community.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Trump Media and Technology Group terminated its planned Cronos treasury venture with Crypto.com and Yorkville on August 7. The retreat signals that the corporate crypto treasury thesis, built on the premise that holding tokens is a balance sheet strategy, is running into the same saturation problem it was supposed to solve.
Summary
Trump Media and Technology Group, Crypto.com, and Yorkville Acquisition Corp mutually terminated the CRO Strategy treasury venture on August 7, 2026, ending a deal announced in August 2025 that was billed as the first and largest publicly traded CRO treasury firm with an initial $6.42 billion war chest. Interim CEO Kevin McGurn told Axios that saturation among corporate crypto treasury companies drove the decision, not regulatory pressure, and that Trump Media will instead concentrate on Truth Social, data licensing revenue, and a pending merger with fusion energy company TAE. The original deal involved Trump Media purchasing approximately $105 million in CRO tokens (684.4 million tokens at roughly $0.153 each) while Crypto.com purchased $50 million in Trump Media shares, creating a cross-investment structure that tied both companies to CRO price performance. The retreat follows a $406 million quarterly loss driven by crypto asset markdowns, raising questions about whether token treasury strategies can survive extended periods of price stagnation or modest drawdowns in the assets they are designed to accumulate. CRO traded near $0.0513 on August 7 with a market capitalization of roughly $2.4 billion, ranking 38th overall, a fraction of the valuation environment that existed when the deal was structured and announced. On August 7, 2026, Trump Media interim CEO Kevin McGurn told Axios that the company had terminated the CRO Strategy venture, the services agreement, and the digital asset product suite that accompanied the original deal. The companies also abandoned a related prediction market integration. Yorkville Acquisition Corp, the blank check vehicle created to take the treasury venture public, agreed to the termination. McGurn cited saturation. The treasury sector, he said, had become crowded.
The deal between Trump Media and Crypto.com was announced with the kind of numbers that attract headlines. A $6.42 billion treasury play. A branded entity called Trump Media Group CRO Strategy. A SPAC vehicle to take it public. The premise was simple: acquire CRO tokens at scale, hold them on a public balance sheet, and let market appreciation create shareholder value. The strategy echoed what MicroStrategy had done with Bitcoin, but applied to a token that was orders of magnitude smaller in market capitalization, less liquid, and tied to a single exchange ecosystem. The termination, coming less than a year after the announcement, is not just a deal falling apart. It is the first major public admission that the corporate crypto treasury model may have structural limits that its promoters did not advertise.
What the CRO Strategy deal was supposed to build The original announcement in August 2025 outlined a multi-layered financial structure. Trump Media would purchase approximately $105 million in CRO tokens, acquiring 684.4 million tokens at a price of roughly $0.153 per token. Crypto.com would purchase $50 million in Trump Media shares, creating a reciprocal ownership link between the media company and the exchange. The two parties would then form Trump Media Group CRO Strategy, a dedicated entity designed to function as a publicly traded digital asset treasury.
Yorkville Acquisition Corp, a blank check company, would serve as the public listing vehicle. The SEC filing described the venture as the first and largest publicly traded CRO treasury firm, a designation that was accurate only because no one else had attempted the same structure with that specific token.
The deal also included a services agreement covering digital asset product development and a prediction market integration called Truth Predict, which would embed betting features inside Truth Social using Crypto.com Derivatives North America as the infrastructure provider.
The combined structure tied Trump Media to CRO price performance in multiple ways: through direct token holdings, through the treasury entity, through the SPAC listing, and through the product integrations that assumed continued engagement with the Cronos blockchain ecosystem. The multi-layered exposure was presented as strategic depth at the time of the announcement. In retrospect, it created a situation where CRO price weakness propagated through every component of the deal simultaneously, amplifying the downside in a way that a simpler structure would not have.
The valuation environment that produced the deal was also unusual. At the time of the announcement, corporate crypto treasuries were attracting premium multiples from investors who treated token accumulation as a growth strategy. Trump Media’s management appears to have structured the CRO Strategy venture to capture that premium. When the premium disappeared and the valuation environment shifted, the economic rationale for the deal evaporated alongside it.
Why the parties walked away McGurn framed the termination around focus and saturation rather than failure. “We wanted to get focused,” Axios reported him saying. He characterized the crypto treasury sector as overcrowded, arguing that the competitive dynamics had shifted since the deal was announced.
The saturation claim has some factual basis. Between the second half of 2025 and mid 2026, more than 30 public companies announced crypto treasury strategies of various sizes. Most were modeled on the MicroStrategy template: issue equity or convertible debt, buy Bitcoin, and report the holdings as a core balance sheet item. The Trump Media venture stood apart because it targeted CRO rather than Bitcoin, but the underlying logic was the same.
What McGurn did not say is arguably more revealing than what he did. He did not claim the deal was restructured or paused. He confirmed mutual termination, meaning all three parties agreed that the venture no longer served their interests. The services agreement was also terminated. The prediction market integration was downgraded from a full product to a marketing arrangement.
McGurn added that staking CRO had become less central for Crypto.com itself, making a split logical for both sides. That detail matters. If the exchange that issues a token is de-emphasizing it, the case for a third party to build a treasury around it weakens considerably.
The $406 million loss that changed the math The termination did not occur in a vacuum. Trump Media reported a $406 million quarterly loss earlier in 2026, driven primarily by markdowns on its digital asset holdings. The loss was not a realized trading loss in the traditional sense. It reflected the accounting treatment of crypto assets under fair value rules, where price declines flow directly through the income statement.
For a company with limited operating revenue, a nine figure markdown on token holdings is not a rounding error. It is a thesis test. The crypto treasury model assumes that holding tokens creates long term value for shareholders. But the same model forces the company to report price declines as losses, creating quarterly volatility that public market investors tend to punish.
MicroStrategy, the original corporate Bitcoin treasury, has navigated this problem by leaning into it. The company rebranded as Strategy, made Bitcoin accumulation its primary corporate identity, and attracted a shareholder base that understood and accepted the volatility. Trump Media was not positioned to make the same bet. Its core business is a social media platform. Its shareholders purchased the stock for reasons that included but were not limited to the crypto treasury thesis. When the token holdings produced a loss that exceeded the company’s operating revenue by orders of magnitude, the strategic case for continuing became harder to make.
The regulatory environment added complexity. While McGurn explicitly denied that regulatory pressure drove the termination, the broader landscape has shifted. The GENIUS Act and related legislative efforts have introduced new compliance requirements for companies holding digital assets at scale. Whether those requirements directly affected the CRO Strategy venture or simply increased the cost of maintaining it is an open question that the termination announcement did not address.
The accounting treatment itself deserves closer examination. Under ASC 820, crypto assets held at fair value require quarterly mark to market adjustments. When token prices rise, the company reports unrealized gains that flow through its income statement, inflating earnings in ways that may attract shareholders who mistake accounting gains for operating performance. When prices fall, the reverse occurs, and the company must explain why its core business lost hundreds of millions of dollars in a quarter where nothing operationally changed. The asymmetry between the two scenarios creates a ratchet effect: the company captures enthusiasm during price increases but faces existential questions during declines. For a company like Trump Media, whose operating revenue from Truth Social was in the low tens of millions annually, a $406 million markdown made the treasury strategy the dominant item on the income statement, overshadowing every other aspect of the business.
Truth Predict and the prediction market retreat The CRO Strategy termination was not the only product that got scaled back. Truth Predict, the prediction market feature that Trump Media unveiled in October 2025, was also restructured.
The original plan embedded betting features inside Truth Social, powered by Crypto.com Derivatives North America. Users would trade prediction market contracts without leaving the social media platform. The integration assumed that Truth Social’s user base represented a captive audience for event contracts on politics, sports, and financial outcomes.
Under the new arrangement, the companies will pursue a marketing partnership rather than a full product integration. Crypto.com will promote its prediction products to Truth Social users, but Trump Media will not operate the back end infrastructure. McGurn argued that the space was already crowded with prediction market operators and that running infrastructure offered little return compared to simply distributing someone else’s product.
The reasoning reveals a broader shift in how Trump Media sees itself. The company is moving away from operating crypto infrastructure and toward licensing its brand and audience as distribution assets. That pivot is visible in its API business, which now serves roughly 10 customers (up from about five), most of whom are high frequency trading firms that feed Truth Social data into algorithmic strategies. McGurn said the company is also courting large language model developers and prediction market platforms as API customers.
The transition from infrastructure operator to data licensor is a meaningful strategic shift. It reduces Trump Media’s exposure to the operational risks of running crypto products while creating revenue streams that do not depend on token price performance. Whether the data licensing business can generate enough revenue to replace the value that was supposed to come from the treasury venture remains to be seen.
The prediction market landscape that existed when Truth Predict was conceived looked different from the one that emerged by mid 2026. At the time of announcement, Polymarket was the dominant player and the only U.S. focused platform with meaningful liquidity. By August 2026, Kalshi had expanded into event contracts for political and financial outcomes, Robinhood had added prediction market features to its mobile app, and several crypto native platforms had launched competing offerings. The window for Truth Social to capture a meaningful share of the prediction market audience had narrowed considerably, and the cost of operating back end infrastructure for a feature that would compete with well funded competitors no longer justified the investment when a simpler marketing arrangement could provide the same user exposure at a fraction of the cost.
The API pivot also reframes Truth Social’s value proposition. Under the treasury model, Truth Social was a distribution channel for crypto products. Under the data licensing model, it is a source of sentiment signals that have value to financial firms. The platform’s concentrated user base, which skews toward politically engaged American adults, generates text and engagement data that reflects a demographic segment that is underrepresented in other social media sentiment feeds. High frequency traders and LLM developers are willing to pay for access to that signal precisely because it is different from what Twitter, Reddit, or Stocktwits provides. The commercial value of the platform may ultimately have less to do with how many users it retains than with how unique the data those users generate is.
What happens to Yorkville and the SPAC structure Yorkville Acquisition Corp agreed to the termination alongside the other parties. The blank check vehicle was created specifically to take the CRO treasury venture public. Without that venture, the SPAC’s original purpose no longer exists.
However, one piece of the Yorkville structure survives. Yorkville America’s America First ETFs, branded as Truth Social Funds, will continue operating. These funds existed as a separate product line from the SPAC and were not dependent on the CRO Strategy venture for their investment thesis.
The survival of the ETF products while the SPAC terminates illustrates the fragmented nature of the original deal. What was presented as a unified strategic partnership between Trump Media, Crypto.com, and Yorkville was in practice a collection of loosely connected agreements. The treasury venture, the services agreement, the prediction market integration, and the ETF products could be separated because they were never truly integrated at the operational level.
For the broader SPAC market, the termination adds another data point to an already difficult environment. Blank check companies that target crypto related ventures have faced elevated scrutiny from the SEC, and the completion rate for crypto focused SPACs has declined steadily since 2024. The Yorkville termination does not set a legal precedent, but it reinforces the pattern of crypto SPAC deals that announce with fanfare and unwind quietly.
The economics of the SPAC structure also contributed to the deal’s fragility. Blank check companies carry a deadline for completing their acquisition or merger, typically 18 to 24 months from IPO. If the deal is not completed within that window, the SPAC must return capital to shareholders. This deadline pressure means SPAC targets are selected and structured under time constraints that do not always align with the pace at which crypto markets evolve. When the CRO Strategy venture was designed, the crypto treasury thesis was still generating investor enthusiasm. By the time the SPAC needed to close, the market had moved on.
The corporate crypto treasury model under stress The Trump Media termination arrives at a moment when the corporate crypto treasury thesis is being tested across the industry. The model, popularized by MicroStrategy’s multi-year Bitcoin accumulation campaign, rests on three assumptions. First, that the asset being accumulated will appreciate over time. Second, that public market investors will assign a premium to companies that hold the asset. Third, that the cost of capital used to acquire the asset (equity dilution, convertible debt, operating cash) will be lower than the asset’s long term return.
When those assumptions hold, the strategy works. MicroStrategy’s stock price outperformed Bitcoin itself during periods when all three conditions were met. But the model breaks when any of the three conditions fail. If the asset declines or stagnates, the balance sheet deteriorates. If investors stop assigning a premium, the stock trades at a discount to the value of its holdings. If the cost of capital rises, each new acquisition dilutes existing shareholders more than the asset appreciation can offset.
The Trump Media case exposed a fourth vulnerability specific to non-Bitcoin treasuries. CRO is not Bitcoin. It does not have the same market depth, the same institutional custody infrastructure, or the same regulatory clarity. A treasury strategy built around a mid-cap token tied to a single exchange ecosystem carries concentration risk that Bitcoin treasuries do not. When the issuing exchange itself begins de-emphasizing the token, the treasury holder’s position becomes structurally isolated.
The concentration risk extended beyond token price. CRO is the native token of the Cronos blockchain, which is operated by Crypto.com. Unlike Bitcoin, which has no single issuer or controlling entity, CRO’s value and utility are tied to the decisions of one company. If Crypto.com shifts its product strategy away from the Cronos chain, reduces staking incentives, or faces its own regulatory challenges, the token’s value proposition changes in ways that the treasury holder cannot influence. This dependency on a single counterparty’s strategic choices is a risk category that does not exist in Bitcoin treasury strategies, and it helps explain why the CRO Strategy venture was more fragile than its promoters acknowledged.
The question now is whether the Trump Media termination is an outlier or a leading indicator. At least a dozen other public companies have announced crypto treasury strategies since mid 2025. Most hold Bitcoin, which provides more liquidity and a deeper buyer base. But the smaller companies that adopted the model with limited operating revenue and concentrated token positions face the same pressures that led Trump Media to walk away: quarterly markdowns, shareholder skepticism, and the realization that holding tokens does not generate operating revenue on its own.
There is a structural irony in McGurn’s saturation argument. The treasury model was supposed to give companies a differentiated balance sheet strategy. When one or two companies hold crypto, it is a differentiator. When 30 companies adopt the same playbook, it becomes a crowd trade. The more firms that pile into the strategy, the less novel it becomes to investors and the more correlated the stock prices of those companies become to the underlying token price. At that point, an investor who wants crypto exposure can simply buy the token directly rather than paying a management overhead premium to hold it through a public company. The model works best when few firms use it and breaks down precisely when it succeeds in attracting imitators.
What to watch CRO price and volume over 30 days. The token traded at $0.0513 on termination day, down roughly 66 percent from the $0.153 purchase price in the original deal. A continued decline would indicate that the treasury venture was providing structural demand that no longer exists.
Quarterly earnings from other crypto treasury companies. If more firms report significant markdowns on token holdings, the pattern of terminations or strategy shifts could accelerate. Watch for language changes in earnings calls, particularly around “strategic review” or “rebalancing” of digital asset positions.
Crypto.com’s Cronos ecosystem activity. McGurn’s comment that staking CRO has become less central for Crypto.com raises questions about the exchange’s own commitment to the token. Watch for changes in staking rewards, validator counts, or DeFi activity on the Cronos chain.
SPAC completion rates for crypto focused deals. The Yorkville termination adds to a growing list of crypto SPACs that failed to complete their intended transactions. A further decline in completion rates would signal broader market skepticism about the SPAC-to-crypto pipeline.
Trump Media’s data licensing revenue in subsequent quarters. The pivot to API sales and LLM partnerships is the replacement thesis. If Truth Social API revenue scales meaningfully, it validates the decision to abandon the treasury model. If it does not, the company will need yet another strategic direction.
The TAE Technologies merger timeline. Trump Media’s pending merger with fusion energy company TAE Technologies represents the next strategic bet after crypto. The valuation assigned to that merger, the SEC review timeline, and shareholder reaction will determine whether the company can execute a pivot away from digital assets without losing its investor base.
Crypto treasury company stock price correlations. If companies that adopted the treasury model begin trading with higher correlation to each other and to bitcoin, it would validate McGurn’s saturation argument. A cluster of small cap treasury companies moving in lockstep suggests that investors treat them as interchangeable bitcoin proxies rather than differentiated businesses, which removes the strategic rationale for the model.
Frequently asked questions u003cstrongu003eWhat was the Trump Media CRO Strategy deal?u003c/strongu003e u003cpu003eTrump Media Group CRO Strategy was a planned joint venture between Trump Media and Technology Group, Crypto.com, and Yorkville Acquisition Corp. The venture would have created the first publicly traded company built around a treasury of CRO tokens, with Trump Media purchasing approximately $105 million in CRO and Crypto.com purchasing $50 million in Trump Media shares. Yorkville would have served as the SPAC vehicle to take the venture public.u003c/pu003e
u003cstrongu003eWhy did Trump Media terminate the deal?u003c/strongu003e u003cpu003eInterim CEO Kevin McGurn cited saturation in the corporate crypto treasury sector. He said the competitive landscape had shifted since the deal was announced in August 2025, and that Trump Media wanted to focus on Truth Social, data licensing, and a pending merger with fusion energy company TAE rather than operating crypto infrastructure.u003c/pu003e
u003cstrongu003eHow much did Trump Media lose on its crypto holdings?u003c/strongu003e u003cpu003eTrump Media reported a $406 million quarterly loss driven by markdowns on digital asset holdings. This was an accounting loss under fair value rules rather than a realized trading loss, but it demonstrated the balance sheet volatility that token treasury strategies create for public companies.u003c/pu003e
u003cstrongu003eWhat happens to CRO after the deal termination?u003c/strongu003e u003cpu003eCRO traded near $0.0513 on August 7, 2026, with a market capitalization of roughly $2.4 billion. The token was down approximately 66 percent from the $0.153 purchase price in the original deal. The termination removes a source of structural demand, but CRO remains the native token of the Cronos blockchain and continues to be used across the u003ca href=u0022https://crypto.news/kraken-xstocks-tokenized-equity-voting-rights/u0022 target=u0022_blanku0022u003eCrypto.com ecosystemu003c/au003e.u003c/pu003e
u003cstrongu003eWhat is Truth Predict and is it still operating?u003c/strongu003e u003cpu003eTruth Predict was a prediction market feature planned for Truth Social, powered by Crypto.com Derivatives North America. The full product integration was downgraded to a marketing arrangement. Crypto.com will promote its prediction products to Truth Social users, but Trump Media will not operate the infrastructure.u003c/pu003e
u003cstrongu003eHow does this compare to MicroStrategy’s Bitcoin treasury strategy?u003c/strongu003e u003cpu003eMicroStrategy (now Strategy) built its treasury around Bitcoin, which has deeper liquidity, broader institutional custody, and clearer regulatory treatment than CRO. MicroStrategy also made Bitcoin accumulation its primary corporate identity, attracting a shareholder base that accepted the volatility. Trump Media’s core business is a social media platform, making the treasury strategy a secondary bet that was harder to sustain when token prices declined.u003c/pu003e
u003cstrongu003eWhat is Yorkville Acquisition Corp and does it still exist?u003c/strongu003e u003cpu003eYorkville Acquisition Corp was a blank check (SPAC) company created to take the CRO Strategy venture public. The SPAC agreed to the mutual termination. However, Yorkville America’s America First ETFs, branded as Truth Social Funds, will continue operating as a separate product line.u003c/pu003e
u003cstrongu003eDoes the termination affect Trump Media’s stock price?u003c/strongu003e u003cpu003eTrump Media trades under the ticker MCGA. The stock was down 0.10 percent on August 7. The longer term impact will depend on whether investors view the termination as a positive (reduced crypto exposure risk) or a negative (loss of a growth catalyst). The company’s pivot to data licensing and the TAE merger will shape the next phase of its valuation narrative. This is educational analysis, not investment advice.u003c/pu003eu003cpu003eu003cemu003eDisclaimer: This article is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency markets carry significant risk. Always conduct independent research before making investment decisions. Information is current as of August 8, 2026.u003c/emu003eu003c/pu003e
Grayscale withdrew registration statements for three planned U.S. altcoin exchange traded products on Aug. 7, ending the current registration process for its Cardano, Hedera and Polkadot funds.
Summary
Grayscale withdrew Cardano, Hedera and Polkadot ETF registrations through three Form RW filings on Friday. All three filings state registrations never became effective and no securities were issued or sold. NYSE Arca and Nasdaq had already withdrawn corresponding listing proposals during September and November 2025. SEC generic listing standards now let qualifying crypto products bypass separate exchange rule change filings. Bittensor, Aave, BNB, NEAR and Zcash registrations remained preliminary in recent SEC filings reviewed. SEC records show the three Form RW submissions were accepted between 4:33:37 p.m. and 4:36:47 p.m. ET, a span of exactly 190 seconds.
The filings are withdrawal requests, not SEC rejections. Grayscale said it no longer intends to proceed with the planned distribution of shares under those registration statements. It also confirmed that none had become effective and that no securities had been issued or sold.
Grayscale withdraws three S-1 registrations The Cardano filing sought withdrawal of registration statement No. 333-289948, originally filed in August 2025. The Hedera request covered No. 333-290129, first filed in September 2025, while the Polkadot filing covered No. 333-289949, also first filed in August 2025.
Grayscale Withdraws Registration Applications for ADA, HBAR and DOT ETFs
According to SEC filings, Grayscale filed three Form RW submissions on August 7, withdrawing the S-1 registration statements for the Grayscale Cardano Trust ETF, Grayscale Hedera Trust ETF and Grayscale… pic.twitter.com/haXOpqcOuE
— Wu Blockchain (@WuBlockchain) August 10, 2026 Each request gives the same core explanation: the sponsor does not intend to proceed with the planned share distribution. The documents provide no separate commercial, demand related or regulatory reason. They also state that no preliminary prospectus had been distributed.
Meanwhile, the latest withdrawals follow earlier exits on the exchange listing side. SEC records show NYSE Arca withdrew its proposed rule change for the Grayscale Cardano Trust on Sept. 29, 2025. Nasdaq’s proposed rule changes for the Grayscale Polkadot Trust and Grayscale Hedera Trust were both withdrawn on Nov. 3, 2025.
Those exchange proposals were separate from the S-1 registrations withdrawn on Aug. 7. The Cardano review was covered as previously reported, while Nasdaq’s Polkadot proposal appeared in earlier related coverage. The Hedera review also entered the SEC process in March 2025, as crypto.news reported in its earlier coverage.
New SEC rules changed the crypto ETF approval route The regulatory backdrop changed after those original exchange proposals were filed. In September 2025, the SEC approved generic listing standards allowing qualifying commodity based trust shares, including digital asset products, to list without a separate Section 19(b) rule change for each fund.
The faster exchange route does not replace Securities Act registration. A sponsor still needs an effective registration statement before selling shares. That distinction matters here because Grayscale withdrew the S-1 layer itself. A current overview of the U.S. ETF process explains how exchange listing and registration now operate separately.
What happens next for Grayscale’s altcoin ETF slate Under Rule 477(b), an application to withdraw an entire registration statement before effectiveness is deemed granted when filed unless the SEC objects within 15 calendar days. The three requests therefore take effect without a separate approval order unless the Commission intervenes during that window.
The withdrawals do not establish that the SEC rejected ADA, HBAR or DOT products, and they do not prevent Grayscale from filing again later. For now, SEC records reviewed Aug. 10 show preliminary registrations for Bittensor, Aave, BNB, NEAR and Zcash at different stages. The Zcash registration received its third amendment on July 31.
Grayscale also has altcoin products further along. The SEC declared the Grayscale Avalanche Staking ETF registration effective on March 11 and the Grayscale Hyperliquid Staking ETF registration effective on June 2. Those differing statuses show the Aug. 7 filings are not evidence of a companywide retreat from altcoin exchange traded products.
What remains unknown is why Grayscale ended these three registrations together. The filings give no explanation beyond the decision not to proceed, leaving claims about investor demand, economics or regulatory resistance unconfirmed.
SpaceX stock NASDAQ:SPCX is entering the week with a different tone after Cathie Wood’s ARK Invest bought post-earnings weakness just as one of the stock’s biggest technical overhangs began to ease.
ARK bought 114,815 SpaceX shares through the ARK Innovation ETF on August 7, worth about $13.2 million.
SpaceX surged 15.83% that day to $133.11, leaving it just below its $135 IPO price.
ARK’s timing suggests Wood sees the recent weakness as a buying opportunity, with the post-earnings sell-off and lock-up pressure potentially creating the conditions for a stronger recovery if SpaceX’s growth story stays intact.
SpaceX’s first earnings report as a listed company showed strong growth, but one spending dominated the reaction.
Second-quarter revenue jumped 92% from a year earlier to $7.8 billion, while the company posted a $541 million net loss, or 9 cents a share, narrower than analysts expected.
Total capital expenditure reached $18.4 billion, including roughly $15.8 billion tied to AI infrastructure.
The shares sank nearly 14% on August 5 as investors questioned how quickly that spending would translate into cash flow.
ARK bought after that shock. Argus Research analyst Steven Silver upgraded SpaceX to Buy from Hold on August 7, setting a $160 price target.
TipRanks reported that Silver called the quarter “strong operational performance” and said the company’s “robust growth outlook” outweighed concern over higher AI spending.
For Wood, the wager appears simple: the spending hurting the stock today may be building the businesses investors value tomorrow.
The timing of ARK’s purchase matters because August 6 had been viewed as a pressure point.
About 911.5 million SpaceX shares became eligible for trading as the first major insider lock-up expired, more than doubling the previous float.
Instead of collapsing under new supply, the stock rose 6.1% to $114.92 on Thursday before Friday’s 15.83% surge.
Morgan Stanley analyst Adam Jonas described the expiry as an opportunity to buy the stock cheaply.
Jonas sees SpaceX reaching $300 by mid-2027.
Bernstein took that view after earnings. A team led by Douglas Harned maintained an Outperform rating and $239 target, telling Business Insider it saw nothing fundamentally negative in the report.
Wall Street sees upside, but capex remains the testThe bullish case now rests on whether SpaceX can turn its investment programme into faster revenue growth.
Oppenheimer maintained an Outperform rating and $250 target after earnings.
The firm brought forward its estimate for SpaceX to reach $1 trillion in annual revenue to 2032, citing faster AI build-out and monetisation, while acknowledging elevated capex remains a major concern.
Bank of America kept its Buy rating and $235 target, forecasting about $24.5 billion of AI revenue in 2026 and saying it had become more positive on SpaceX’s positioning across key markets.
Starlink adds another pillar. William Blair analyst Louie DiPalma highlighted third-generation satellites, which SpaceX says should provide roughly ten times the capacity of earlier versions.
The caution comes from Piper Sandler. The firm kept a Neutral rating and cut its target to $140, pointing to future lock-ups, rising 2027 capex and uncertainty around cancellable AI cloud contracts.
AMD and SanDisk both fell about 9% after reporting strong quarterly results last week, but one investor sees very different opportunities in the two stocks.
James Foord, economist and leader of The Pragmatic Investor, is bearish on AMD but bullish on SanDisk.
As per TipRanks, he believes AMD’s rapid AI growth is not yet producing the margin gains investors should expect, while SanDisk may be building a more profitable and less cyclical business.
AMD reported record second-quarter revenue of $11.54 billion, up 50% from a year earlier, while adjusted earnings reached $1.66 a share.
Data Center revenue more than doubled to $6.72 billion as demand for EPYC processors and Instinct accelerators accelerated.
Yet AMD expects adjusted gross margin to remain at 56% in the third quarter, unchanged from Q2. That flat outlook landed badly after the stock’s earnings run.
“The margin problem is the new bear case,” Foord argues. He believes AMD’s shift from individual accelerators towards rack-scale systems adds networking, integration and other costs, potentially limiting the operating leverage investors expect from booming AI sales.
Wall Street has noticed the same tension. William Blair analyst Sebastien Naji said the quarter left “much to prove,” pointing to fierce competition and the need for Helios to ramp and win accelerator share.
SanDisk’s numbers were striking. Fiscal fourth-quarter revenue surged 372% year on year to $8.97 billion, adjusted EPS reached $39.25 and non-GAAP gross margin climbed to 84.6%.
Data-centre revenue doubled sequentially to nearly $3 billion. But investors focused on September-quarter gross-margin guidance of 83% to 85%, suggesting profitability may be near a plateau.
Foord sees the pullback differently. “SanDisk is a Strong Buy today,” he said, according to TipRanks, arguing that the company’s New Business Model agreements could reduce the boom-and-bust character of NAND earnings.
SanDisk now has eight customers covered by those agreements, with $93.9 billion of minimum contracted revenue at floor pricing.
About half of fiscal 2027 bits and roughly two-thirds of fiscal 2028 bits are committed.
JPMorgan analyst Harlan Sur said the results point towards stronger earnings power, lower cyclicality and more durable fundamentals.
Raymond James analyst Melissa Fairbanks went further, lifting her SanDisk target to $2,000 from $1,470.
Barron’s reported that she sees AI data-centre demand and the new contract model improving earnings visibility, pricing discipline and margin resilience.
AMD still has catalysts. EPYC demand remains strong, Instinct deployments are expanding and its Helios rack-scale platform could strengthen the company’s challenge to Nvidia.
If those products drive market-share gains and margin expansion, Foord’s bearish case could weaken quickly.
SanDisk faces the opposite burden of proof. RBC Capital Markets analyst Srini Pajjuri warned that investors may remain sceptical about floor pricing until the agreements have been tested through a weaker memory environment.
Solana vede všechny blockchainy s přibližně 6 miliony měsíčních odesílatelů USDC. Síť v únoru dosáhla rekordních 650 miliard USD ve stablecoinových transakcích za jediný měsíc.
Solana now has more monthly USDC senders than any other blockchain, with the figure hitting approximately 6 million. That is not a rounding error or a one-month spike. It is the latest data point in a sustained climb that has turned Solana into the closest thing crypto has to a mainstream payments network.
For context, that sender count has grown more than tenfold since late 2023.
The numbers behind the milestone February 2026 was a watershed moment for the network. Stablecoin transaction volume on Solana hit $650 billion that month, a record for any blockchain within a single calendar month. That figure more than doubled the previous peak.
USDC makes up the majority of that stablecoin activity. The network is currently estimated to hold between $8 billion and $12 billion in USDC supply, supported by continuous minting operations that keep liquidity deep and user confidence stable.
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Weekly transaction counts on Solana have crossed 1 billion, underscoring that the 6 million sender figure is not an artifact of a few whales moving large sums. It reflects genuine, broad-based usage across the network.
The use cases driving this volume are notably mundane, in the best possible way. Salary disbursements, peer-to-peer transfers, and retail payments account for a meaningful share of activity.
Why Solana and why now Part of the answer is that USDC itself has matured. Circle’s stablecoin has increasingly become the default dollar-equivalent for on-chain commerce, and payment application developers picking a settlement layer have gravitated toward Solana’s combination of sub-second finality and fees that are measured in fractions of a cent.
Integration with consumer-facing payment applications has also accelerated the trend. Each new app that routes USDC through Solana adds another cohort of senders to the base, many of whom may not even know which blockchain they are using.
The tenfold growth in the sender base since late 2023 roughly tracks with the post-FTX recovery of the Solana ecosystem. After the FTX collapse created significant reputational damage, the network rebuilt its developer community and application layer faster than many observers expected.
What this means for the competitive landscape Ethereum remains the dominant chain for total stablecoin supply and DeFi activity. But Solana’s lead in monthly unique USDC senders points to a divergence in use cases. Ethereum is where large institutional flows and complex smart contracts tend to settle. Solana is where the transaction count lives.
For SOL as an asset, rising network utility generally creates sustained demand for the token, which is used to pay transaction fees. A billion weekly transactions, each consuming a small amount of SOL for fees, creates consistent buy pressure that is structurally different from speculation.
The next thing to watch is whether Solana’s stablecoin dominance in sender count eventually translates into a comparable lead in total stablecoin supply. Right now, Ethereum still holds the largest absolute stock of USDC across all chains.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Salad and Go podalo návrh na bankrot podle kapitoly 11 5. srpna a uzavřelo všechny provozovny. Sweetgreen kvůli obavám z nákazy 6. srpna snížil celoroční výhled na same-store sales -8,0 % až -7,0 % a upravenou EBITDA na -27,0 milionu až -23,0 milionu dolarů.
On July 21, Health and Human Services Secretary Robert F. Kennedy Jr. told reporters, “We do have the outbreak under control.” At that moment the multistate cyclosporiasis outbreak tied to iceberg lettuce had sickened roughly 1,600 people across five states, with 94 hospitalizations and no deaths. Three weeks later, the case count has nearly quadrupled, two deaths have been recorded, and a national salad chain has filed for bankruptcy. The gap between the podium and the produce aisle has rarely been wider.
What Kennedy Said, and the Wrinkle Behind It Kennedy added that “We have an extensive forensics, epidemiological forensics, and we’ve identified the source of the outbreak. We and the companies that are involved have implemented a recall.” The recall referenced iceberg lettuce from Taylor Farms de Mexico, pulled July 17, 2026. But days before Kennedy spoke, the FDA had acknowledged a Taylor Farms sample came back a false positive, muddying the “identified” claim in real time. Subsequent CDC and FDA updates converged back on Taylor Farms. The confidence did not.
What the Numbers Actually Show The CDC’s August 5 update logged 6,358 illnesses across 15 states, at least 278 hospitalizations, and two deaths, both in Michigan, with onset dates running June 22 through July 31. Separately, the FDA has estimated “at least 10,000” sickened, and more than 25,000 Cyclospora infections have been logged nationally this year, more than five times the prior record set in 2019, a broader tally that includes clusters unrelated to this outbreak.
The Salad Chain That Didn’t Serve the Lettuce Here is the twist: none of the hardest-hit healthy chains used the recalled iceberg. They got wrecked anyway. Salad and Go filed for Chapter 11 on August 5, closing all locations and citing the outbreak as an accelerant to existing pressures. Chopt saw traffic fall 24% on July 18, the day after the FDA announcement (Placer.ai via CNBC). Sweetgreen (NYSE:SG) said consumer concerns produced roughly a 6-percentage-point drag on July same-store sales; CEO Jonathan Neman noted on X that the chain has never served iceberg lettuce and sources only U.S.-grown greens. On August 6, Sweetgreen cut full-year guidance to same-store sales of -8.0% to -7.0% and adjusted EBITDA of -$27.0 million to -$23.0 million. The stock is down 35.41% since July 10.
The Contrast: Taco Bell and Chipotle Yum Brands (NYSE:YUM | YUM Price Prediction), whose Taco Bell was the only major chain actually linked to the recall, took an early hit, with foot traffic down 20.8% on July 23 versus comparable Thursdays. CEO Chris Turner said on the Q2 call that “Elevated uncertainty initially weighed on consumer demand. Since then, consumers have become increasingly aware that this is an industry-wide issue, not an issue specific to Taco Bell.” Taco Bell still delivered 7% same-store sales growth. Chipotle Mexican Grill (NYSE:CMG) CFO Adam Rymer flagged “a softening, call it about 200 basis points or so” in late July from cyclospora fears, separate from Chipotle’s salmonella recall tied to jalapenos that sickened roughly 300 people.
The Category Absorbs the Blow NielsenIQ pegged fresh lettuce unit sales down 9% for the week ending July 18 and prepackaged salad dollar sales down 14% for the four weeks ended July 25. Sysco stopped buying Mexican iceberg entirely, even as CEO Kevin Hourican called Taylor Farms a “high quality, high integrity shop.” Local growers benefited: farmers-market sales rose 15% to 30% in some markets (WSJ, via Forbes).
Stabilizing signals are emerging. Michigan lifted its precautionary advisory on bagged salad mixes on August 6 as new infections slowed. But three weeks after a Cabinet secretary declared the outbreak “under control,” one chain is gone, another has slashed guidance, and the produce aisle is still recovering trust it did not lose on its own.
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Taseko Mines vykázala rekordní čtvrtletní tržby ve výši 331 mil. CAD a provozní cash flow ve výši 183 mil. CAD ve druhém čtvrtletí 2026 díky silným cenám mědi a prvnímu plnému čtvrtletí produkce ve Florence. Společnost potvrdila celoroční cíl produkce ve Florence na úrovni 30 až 35 milionů liber.
Taseko Mines TSE: TKO reported record quarterly revenue and strong operating cash flow in its second-quarter 2026 call, citing copper prices above CAD 6 per pound, steady output at Gibraltar and the first full quarter of production from its Florence operation.
President and CEO Stuart McDonald said the company’s Gibraltar mine delivered a consistent operating performance, while Florence produced more than 5 million pounds of copper cathode during its initial full production quarter. Chief Financial Officer Bryce Hamming said the company generated CAD 331 million in revenue, CAD 183 million in operating cash flow and CAD 125 million in adjusted EBITDA during the quarter.
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Record Revenue Supported by Copper and Molybdenum Hamming said Trekor sold 37 million pounds of copper in the quarter, including 32 million pounds from Gibraltar and 5.3 million pounds from Florence. Revenue of CAD 331 million was the company’s highest ever quarterly total and included CAD 26 million from molybdenum sales.
The average London Metal Exchange copper price exceeded CAD 6 per pound during the period, according to Hamming. He also noted that COMEX copper pricing was approximately CAD 0.35 per pound above LME pricing. Most Florence sales this year are based on COMEX pricing, as are Gibraltar cathode sales.
Net income totaled CAD 22 million, or CAD 0.06 per share. Adjusted net income was CAD 40 million, or CAD 0.11 per share, after excluding unrealized losses and accretion, Hamming said.
The company recorded a CAD 24 million realized loss on hedging derivatives during the quarter related to CAD 5.40 copper call options established to support Florence’s construction ramp-up. For the third quarter, the company has collars with ceiling prices of CAD 7.50 and CAD 8.50 per pound and a minimum copper price of CAD 4.75 per pound. Beyond the third quarter, Hamming said the company does not expect to have further ceiling-price limits, while it intends to continue using out-of-the-money put options to protect against lower prices.
Florence Ramp-Up Continues McDonald said Florence’s SX/EW plant has been operating smoothly, while the operating team continues to optimize the well field, including injection and recovery wells and solution flows through the plant. Initial wells have met expectations for flow rates and copper grades, he said.
In June, Florence added its first group of 20 new production wells. An additional 18 wells had recently received state regulatory approval and were being integrated into the well field during the week of the call, with further additions expected later in the month.
McDonald said the expansion is moving into a thicker area of the ore body, where wells are expected to be more productive. The company maintained its 2026 Florence production target of 30 million to 35 million pounds and its objective of reaching plant capacity by year-end, representing a run rate of roughly 7 million pounds per month.
Florence generated approximately CAD 10 million in EBITDA in the second quarter. The operation reported a C1 cost of CAD 4.72 per pound, though McDonald cautioned that the figure was not indicative of future costs because the operation remains in its ramp-up phase. He said a significant portion of site costs is fixed and should be spread across a larger production base as output rises.
Site operating costs at Florence were CAD 24 million, compared with roughly CAD 30 million in revenue. The company also spent CAD 26 million on well field development during the quarter. McDonald said well field development costs should decline from the second-quarter level in the second half, although the ultimate drilling requirements will depend on mine planning and the number of wells needed to support annual production of 85 million pounds.
Sulfuric acid remains Florence’s largest cost component. The company has a fixed-price contract at CAD 270 per tonne for 2026 and expects to negotiate 2027 pricing with suppliers this fall. McDonald said the company expects some price escalation next year but anticipates strong margins at Florence once the operation is fully ramped up.
Gibraltar Maintains Output, Faces Higher Sustaining Capital Gibraltar produced 30 million pounds of copper in the quarter, marking its third consecutive quarter at that level. McDonald said grades, recoveries and mill throughput have been consistent during the past nine months as ore has been sourced from the lower benches of the Connector Pit.
The company expects to move into more challenging transitional ore later in the year, particularly in the fourth quarter. McDonald said this should result in lower grades and slightly lower recoveries, although Gibraltar remains on track to meet its annual production guidance of 110 million to 115 million pounds of copper.
Gibraltar cathode output was lower than expected after electrical issues emerged at the SX/EW plant following its late-April restart. Chief Operating Officer Richard Tremblay said the issues had been addressed, and production should improve during the second half with better plant performance and the second leach pad operating.
Total Gibraltar site costs were CAD 146 million, slightly above the prior quarter. The figure included CAD 28 million in capitalized stripping costs tied to the Connector Pit, where the strip ratio was 3.3-to-1. The company cited continued cost pressure from fuel, explosives, parts and equipment, although higher molybdenum prices and declining smelter treatment and refining charges provided offsets.
McDonald said the company has contracted almost all of its 2027 Gibraltar tonnage at an average treatment charge near negative CAD 140 per tonne. Under those agreements, the company also expects to receive payment for the gold content in Gibraltar concentrate.
Sustaining capital spending at Gibraltar reached approximately CAD 48 million in the first half of 2026. Management expects the elevated spending to continue, primarily due to tailings storage facility design changes and site water-management improvements.
Liquidity and Project Development Total liquidity increased by CAD 20 million during the quarter to CAD 342 million, including CAD 186 million in cash. Hamming said the company has begun reviewing and prioritizing debt-repayment strategies as it seeks to reduce leverage, supported by rising Florence production and the absence of expected realized copper-price ceilings beyond the third quarter.
Separately, McDonald said the Yellowhead Copper Project received a positive readiness decision from the British Columbia Environmental Assessment Office and is moving into the next stages of the environmental assessment process. The British Columbia government recently identified Yellowhead as a priority project, he said.
The company also highlighted continued work under the New Prosperity Agreement with the Tŝilhqot'in National Government, an extension of its Harmony Gold Project option agreement with JDS, and ongoing network and product-marketing initiatives at the Aley Niobium Project.
About Taseko Mines (TSE:TKO)Taseko Mines Ltd is a Canadian mining company. It is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada, and the State of Arizona, the United States. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.
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SpaceX ve 2. čtvrtletí zvýšila tržby o 92 % na 7,8 miliardy USD, ale provozní ztráta se prohloubila na 542 milionů USD. Největší motor, Starlink, zvedl tržby o 66 % na 4,3 miliardy USD a provozní zisk o 79 % na 1,6 miliardy USD.
The public debut of Space Exploration Technologies (SPCX +15.83%) in early June marked one of the most ambitious market entries in history. While SpaceX stock surged during its opening sessions, shares have retreated sharply over the last month -- trading well below the post-IPO peak.
SpaceX's first earnings report as a public company offers a clear window into whether the pullback has created an attractive entry point or whether further proof is still required.
Image source: Getty Images.
How were SpaceX's earnings? SpaceX's second-quarter numbers show a business accelerating across all three core segments while still incurring significant investment costs. Total revenue surged 92% year over year to $7.8 billion. The space segment generated $962 million, a 29% increase from the prior-year period. However, operating losses widened to $542 million compared to negative $369 million a year earlier.
Connectivity, driven by the Starlink broadband network, remained SpaceX's largest and most profitable engine. Revenue reached $4.3 billion, up 66% year over year. Meanwhile, operating income expanded 79% to $1.6 billion, underscoring improving scale as the subscriber base doubled to 12 million. Average revenue per user (ARPU) held steady at $66, while new enterprise and government contracts provided additional lift to the segment's consumer base.
The artificial intelligence (AI) infrastructure division delivered the most dramatic growth for SpaceX. Revenue soared 247% year over year to $2.6 billion, with the bulk coming from cloud and compute services as well as additional subscriptions to Grok and X. Operating losses stood at $1.3 billion, a modest improvement from the prior quarter, though still substantial.
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What should investors watch next? Perceptions of SpaceX will hinge on two interlocking variables: the scale and efficiency of capital expenditure (capex) and the trajectory of AI-driven revenue. Capex during the second quarter was dominated by the AI segment at nearly $16 billion, far exceeding the combined outlays across launch and connectivity.
Investors will demand evidence that this spending translates into durable utilization rates and expanding profit margins, rather than an open-ended infrastructure build. In the upcoming quarters, SpaceX will need to show whether AI revenue can sustain its current trajectory as new cloud agreements ramp up and as additional capacity comes online. Equally important will be any deceleration in connectivity growth or further narrowing of losses in the launch segment, both of which will determine how quickly overall profitability can emerge.
History offers a cautionary tale for what typically follows mega-IPO stocks. Over the past several decades, the median first-year maximum drawdown has run between 42% and 55%, with median 12-month returns often negative relative to the broader market. The five largest IPOs by capital raised delivered one-year returns ranging from single-digit gains to declines of 37%. Notably, most of the stocks in this cohort compounded strongly in the years ahead.
Staggered lockup releases usually coincide with elevated selling pressure and add an extra layer of volatility in the months that follow early earnings reports. Unless SpaceX posts sustained outsize growth that repeatedly exceeds expectations, the combination of ongoing share supply and the historical post-IPO digestion period points toward further choppiness and the risk of additional downside over the next year.
Is SpaceX stock a buy right now? While SpaceX's connectivity business is already profitable and growing solidly, and the launch franchise retains competitive advantages over peers in the space exploration industry, the AI contribution remains in its early stages.
SpaceX trades at a price-to-sales (P/S) ratio of 73, a frothy multiple relative to current run rate revenue. Even after the post-IPO correction, the company's $1.4 trillion market cap clearly embeds lofty assumptions about the AI segment's ability to scale as big tech accelerates infrastructure spend.
Until successive earnings reports illustrate that capital intensity is moderating and that AI revenue is converting into sustainable operating leverage, the stock is at risk of continuing to price in a best-case scenario. Smart investors should exercise caution rather than aggressively buying the dip right now. In my view, SpaceX still has several meaningful milestones to prove before the valuation can be fully justified.
Sony a TSMC plánují investovat zhruba 1 bilion jenů do společné výroby čipů pro obrazové senzory. Společný podnik má zahájit komerční produkci nejdříve v roce 2029 v japonské prefektuře Kumamoto.
The TSMC logo is seen in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab
TOKYO, Aug 10 (Reuters) - Sony Group (6758.T), opens new tab and Taiwan's TSMC (2330.TW), opens new tab plan to spend around 1 trillion yen ($6.32 billion) to jointly make next-generation microchips used in image sensors, the Nikkei business daily said on Monday.
A joint venture owned about 60% by Sony and 40% by TSMC will start commercial production as early as 2029 in southern Japan's Kumamoto prefecture, the paper said.
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The two tech giants said in May they planned to form a joint venture in Japan to develop and manufacture next-generation image sensors, combining Sony's sensor design expertise with TSMC's manufacturing and process technology strengths.
Sony and TSMC also said then that the partnership will explore opportunities in physical artificial intelligence applications such as automotive and robotics.
Sony is the world's largest maker of image sensors widely used in smartphones and autos, while TSMC is the world's largest contract chipmaker.
Sony declined to comment on the Nikkei report, while there was no immediate response from TSMC to Reuters' request for comment.
($1 = 158.2700 yen)
Reporting by Wen-Yee Lee, Sam Nussey, Kiyoshi Takenaka; Editing by Kate Mayberry
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Sui zavádí postkvantové podpisové schémata pro ochranu účtů před budoucími hrozbami kvantových počítačů. Kvantově bezpečné trezory míří na mainnet později v roce 2026, testnet pro ML-DSA-65 má přijít do konce roku 2026, s plným mainnetovým ověřením cíleným na 1. čtvrtletí 2027.
Sui is advancing plans to integrate post-quantum cryptographic tools, aiming to shield user accounts from potential future threats posed by quantum computers. The Layer 1 blockchain will incorporate two signature methods standardized by the National Institute of Standards and Technology (NIST).
These additions allow optional upgrades to quantum-resistant keys while preserving existing recovery phrases and addresses.
Quantum computers capable of running Shor’s algorithm could eventually compromise the elliptic-curve cryptography that underpins most blockchain accounts today.
On public ledgers, public keys become permanently visible once an account initiates a transaction, creating opportunities for “harvest-now, decrypt-later” collection of data.
Recent estimates suggest a sufficiently advanced quantum system might recover private keys from exposed public ones relatively quickly.
Regulatory timelines are also tightening, with moves to phase out classical algorithms in sensitive systems in the coming years.
Sui’s architecture emphasizes cryptographic flexibility, enabling new signature schemes to be introduced as standard protocol features rather than requiring major overhauls to consensus or network state.
This approach supports a smoother transition compared to chains that would need broader migrations.
The network will deploy two complementary schemes tailored to different use cases.
For routine accounts and everyday transactions, ML-DSA-65 (aligned with NIST’s FIPS 204) will function as a native protocol-level option at security Level 3.
This parameter set was selected over lighter alternatives to provide additional margin, informed by recent demonstrations of advances in analyzing related candidates.
Similar Level 3 choices appear in other systems securing substantial web traffic and hardware key services.
For high-value assets held in vaults, the hash-based SLH-DSA-SHA2-128s (FIPS 205) will operate inside Move smart contracts.
This placement keeps the more mature hash-based approach flexible and avoids locking the core protocol to one standard, allowing compatibility with evolving industry practices—particularly useful given Sui’s cross-chain connections.
Relying on distinct mathematical foundations (lattice-based versus hash-based) means a vulnerability in one does not automatically affect the other.Migration remains user-friendly.
Private keys under the new schemes derive from the same 32-byte seed size used today, generated via a standardized new path from existing recovery phrases.
Wallets will continue to handle backups and restores in familiar ways. Address aliases, already live on the network, enable accounts to switch authorization keys to the quantum-safe versions without relocating assets or altering addresses.
No compulsory moves or bulk transfers are required.Larger signature and public-key sizes relative to current Ed25519 implementations will expand transaction footprints—an industry-wide trade-off for enhanced resistance.
Verification performance for ML-DSA-65 is expected to remain comparable enough that per-signature costs do not increase meaningfully, with Sui’s existing limits and programmable transaction support accommodating the change.
Further optimizations are in progress.Implementation of the core components is complete and has undergone benchmarking.
Quantum-safe vaults are aimed at mainnet rollout later in 2026.
Native ML-DSA-65 accounts are scheduled for testnet by year-end, with full mainnet authentication targeted for the first quarter of 2027.
Supporting updates for wallets, SDKs, and command-line tools will accompany these releases.
Independent audits continue, and schedules may adjust based on review outcomes and testnet results.
The features will roll out as optional, additive capabilities—similar to prior introductions such as zkLogin and passkeys—leaving existing accounts, contracts, and applications unaffected. This positions Sui to adapt as quantum capabilities mature without disrupting current operations.
Akcionáři Core Scientific odmítli prodej za 9 miliard USD, zatímco firma oznámila partnerství s AMD na více než 500 MW kapacity pro AI datacentra od roku 2027.
Core Scientific shareholders said no to $9 billion. Turns out, they may have been right.
The Bitcoin mining and data center company saw its investors reject an all-stock acquisition by CoreWeave last October, a deal that would have valued the firm at roughly $9B and paid 0.1235 CoreWeave shares for each CORZ share. Seven months later, Core Scientific announced a sweeping infrastructure partnership with AMD that makes the rejected buyout look like it would have sold the company short.
The deal that died CoreWeave first pitched the acquisition in July 2025, framing it as a natural consolidation play in the AI infrastructure space. The all-stock structure meant CORZ holders would be taking on CoreWeave’s risk profile rather than receiving cash. Questions about valuation and the acquisition process piled up. By October 30, 2025, the deal was dead.
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AMD steps in with a bigger vision On July 28, 2026, Core Scientific and AMD announced a partnership to deliver over 500 megawatts of AI-ready data center capacity starting in 2027, with the potential to scale up to 2.5 gigawatts.
The deal goes beyond a simple landlord-tenant arrangement. AMD and Core Scientific will collaborate on deploying AMD’s technologies across these facilities, turning them into purpose-built environments for AI and high-performance computing workloads. The partnership also includes a warrant component, giving AMD the option to purchase Core Scientific common stock at market prices under specific commercial conditions.
From mining rigs to AI racks Core Scientific’s transformation has been one of the more dramatic pivots in the crypto-adjacent space. The company once derived the bulk of its revenue from Bitcoin mining, operating one of the largest mining fleets in North America before filing for bankruptcy in late 2022.
Post-emergence, the company began repositioning its massive portfolio of data center infrastructure toward high-density colocation, the kind of power-hungry, cooling-intensive facility space that AI model training and inference demand. Today, most of Core Scientific’s revenue comes from these colocation services rather than from mining digital assets.
The company still maintains some Bitcoin mining operations, but they’ve become a secondary business line. Core Scientific reported a notable net loss in Q2 2026.
What the AMD deal means for investors By partnering with AMD rather than selling to CoreWeave, Core Scientific retains optionality. The 500-megawatt initial commitment, with a pathway to 2.5 gigawatts, suggests AMD views this as a long-term relationship, not a one-off deal.
The warrant structure adds another layer. If AMD exercises those warrants as the commercial relationship deepens, it would become a significant shareholder in Core Scientific, further cementing the alignment between the two companies.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Wintermute USA získala registraci SEC jako broker-dealer a členství ve FINRA, což jí umožní obchodovat americké akcie a opce na vlastní účet. Firma se tím připravuje na tokenizované cenné papíry. Může také působit jako autorizovaný účastník pro způsobilé ETF.
Wintermute USA is now a registered SEC broker-dealer and FINRA member. The approval enables proprietary trading in U.S. equities and options. The firm can act as an authorized participant for eligible ETFs. Wintermute is positioning itself for the growth of tokenized securities. Wintermute has reached a significant regulatory milestone in the United States after its American subsidiary obtained broker-dealer registration with the Securities and Exchange Commission (SEC) and membership in the Financial Industry Regulatory Authority (FINRA). The approval expands the firm’s regulated activities beyond digital asset liquidity provision, allowing it to participate directly in U.S. securities markets while laying the groundwork for future tokenized financial products.
Why broker-dealer registration matters For most crypto-native firms, operating in traditional financial markets requires a separate regulatory framework from the one governing digital assets. Broker-dealer registration places Wintermute USA within the same supervisory regime as many established Wall Street trading firms.
The authorization allows the company to trade U.S. equities and equity options exclusively for its own account, provide liquidity to national securities exchanges and over-the-counter counterparties, and self-clear transactions involving eligible digital asset securities executed on a proprietary basis.
Wintermute also becomes eligible to serve as an Authorized Participant (AP) for exchange-traded products, including crypto-linked ETFs where permitted. Authorized Participants play a central role in ETF markets by creating and redeeming fund shares, helping keep ETF prices aligned with the value of their underlying assets.
Rather than representing a direct expansion into retail brokerage, the registration strengthens Wintermute’s institutional trading capabilities.
Bridging traditional finance and digital assets Wintermute has consistently argued that digital assets and traditional financial markets are becoming increasingly interconnected rather than competing ecosystems.
Founder and CEO Evgeny Gaevoy said the firm expects conventional finance and blockchain-based markets to continue developing in parallel before integrating more deeply over time. That view helps explain why the company pursued broker-dealer status instead of remaining focused exclusively on crypto market making.
The registration allows Wintermute to operate under established U.S. securities regulations while continuing to provide liquidity across cryptocurrency markets. It also reduces operational barriers as tokenized financial instruments gradually enter regulated markets.
Instead of building separate infrastructure for every asset class, the company can increasingly leverage a single institutional trading platform across traditional securities and digital assets.
Tokenized securities are the longer-term objective Although the immediate authorization covers conventional securities activities, one of the most notable aspects of the announcement is Wintermute’s intention to expand into tokenized stocks once regulators permit broader market participation.
Tokenized securities represent traditional financial assets issued or mirrored on blockchain networks. Supporters argue they can improve settlement efficiency, enable programmable ownership and expand access to around-the-clock trading.
Regulatory frameworks, however, remain fragmented across jurisdictions. The SEC has not yet established comprehensive rules governing large-scale trading of tokenized public equities, meaning Wintermute’s ambitions remain dependent on future regulatory approvals.
By obtaining broker-dealer status before those markets mature, the company positions itself to move quickly once additional permissions become available.
Scale gives Wintermute an advantage Wintermute enters the U.S. broker-dealer market with an established institutional presence rather than as a new entrant.
According to the company, the broader Wintermute group facilitates more than $10 billion in average daily trading volume while providing liquidity across more than 60 centralized and decentralized trading venues worldwide.
That experience could become increasingly valuable as institutional investors seek liquidity providers capable of operating across multiple market structures.
Unlike firms focused solely on crypto exchanges, Wintermute is attempting to build expertise spanning centralized exchanges, decentralized protocols and regulated securities venues.
This diversification may also reduce dependence on crypto trading volumes, which historically fluctuate alongside digital asset market cycles.
Regulatory convergence is reshaping crypto market infrastructure Wintermute’s approval reflects a broader shift in how major crypto firms are approaching regulation.
Rather than operating outside traditional financial systems, many institutional digital asset businesses are pursuing regulated licenses that allow them to participate directly in securities markets. Similar strategies have emerged among crypto custodians, exchanges and market makers seeking closer integration with conventional finance.
For regulators, broker-dealer oversight provides familiar compliance standards covering capital requirements, reporting obligations, customer protection rules and market conduct.
For institutional clients, those regulatory frameworks can lower operational uncertainty when engaging with digital asset service providers.
The Industry Perspective Wintermute’s broker-dealer registration does not immediately transform U.S. securities markets, nor does it authorize unrestricted trading of tokenized equities.
Its significance lies in positioning the firm ahead of anticipated market evolution.
As regulators continue developing frameworks for tokenized securities, crypto ETFs and blockchain-based settlement systems, firms already operating under established securities rules may gain an advantage over competitors still relying exclusively on crypto-specific licenses.
Whether tokenized stocks become a meaningful institutional market will depend on future SEC rulemaking, exchange participation and investor demand. Wintermute now has much of the regulatory infrastructure needed to participate once those markets begin expanding.
Premium Brands vykázala ve 2. čtvrtletí rekordní tržby z pokračujících činností ve výši 2,4 miliardy C$ a poprvé po čtyřech letech dosáhla kladného volného peněžního toku 68 milionů C$.
Premium Brands TSE: PBH said its second-quarter results marked an inflection point as the company began to generate stronger free cash flow from a multiyear capital-spending program designed to expand its manufacturing footprint and U.S. market capacity.
The company reported record sales from continuing operations of C$2.4 billion for the quarter, up C$495 million, or 26.3%, from the second quarter of 2025. Adjusted EBITDA rose 29.5% to C$225 million, while adjusted earnings from continuing operations increased 37.2% to C$79.6 million, or C$1.53 per share.
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Management said the results reflected progress in leveraging capacity created through a capital investment program that began in 2022. The program involved more than C$1.1 billion in project capital expenditures and was intended to transform the company’s production network and strengthen its ability to serve U.S. customers.
U.S. Growth and Specialty Foods Expansion The company said consumer demand for cleaner, healthier and more nutrient-dense food products is creating opportunities in categories including meat sticks, cooked proteins, sandwiches, artisan breads and kettle-cooked meal solutions. Management contrasted that demand with contracting demand for more traditional, highly processed consumer packaged goods.
Specialty Foods’ core U.S. growth initiatives generated organic volume growth of 10.7% during the quarter. Including acquisitions, the group’s U.S. sales increased by C$432.2 million to C$1.2 billion, representing 71.2% of its second-quarter sales, compared with 63.5% a year earlier.
Will Kalutycz, Premium Brands’ CFO, said acquisitions accounted for C$354.5 million of the company’s overall sales increase. Organic volume growth contributed C$74.5 million, while selling-price increases, primarily related to beef-based products, added C$59.9 million.
Within the company’s U.S.-focused operations, the Protein Group recorded 25% organic volume growth, driven by meat snacks and protein products. That performance was partially offset by lower volumes in the Custom Culinary Solutions Group after a customer’s large limited-time sandwich promotion ended in the fourth quarter of 2025. Replacement promotions are not scheduled to begin until early next year, management said.
The company also highlighted its meat-stick business, which grew 83.2% in the second quarter. Premium Brands recently launched its Italia line of shelf-stable, dry-cured meat sticks, produced at its Yorkton, Saskatchewan, facility.
Capital Program Nearing Completion Management said the recently added capacity was built for emerging food categories rather than legacy products. Premium Brands expects to continue onboarding new business and customers over coming quarters, with the additional volume expected to improve free cash flow, margins and returns on invested capital.
The company said it has C$41.6 million remaining to spend on its C$1.1 billion investment plan, which it said will create more than C$2 billion in new sales capacity. During the second quarter, capital expenditures from continuing operations totaled C$59 million, including C$18.3 million tied to the investment plan, C$21.6 million in other project capital expenditures and C$19.1 million in maintenance capital expenditures.
Premium Brands said startup and restructuring costs have declined materially as most capacity expansion projects reach base operating parameters. Kalutycz said the company expects those costs to continue declining in the second half of 2026.
Over the next 12 months, the company expects to close four older facilities while commissioning two new plants, one in the Greater Toronto Area and another in Auburn, Maine. Management said the plant rationalization is expected to create productivity improvements and scale-related efficiencies.
Cash Flow, Debt Reduction and Outlook Premium Brands generated C$68 million in net free cash flow during the second quarter, its first positive quarterly net free cash flow after four years of negative results, according to management. The company expects that trend to accelerate during the second half as it further utilizes new production capacity.
The company’s debt-to-EBITDA ratio declined to 3.8-to-1 from 4.3-to-1 at the end of 2025. Management said both its senior debt and total debt ratios are now within its short-term objectives of 3-to-1 or better for senior debt and 4-to-1 or better for total debt. It expects to reach its longer-term total debt-to-EBITDA target of 3-to-1 or better by early to mid-2027.
Net earnings totaled C$70.9 million, up from C$27.9 million a year earlier. The result included a C$73.9 million gain from the sale of Shaw Bakers and a C$30 million fee received from Clearwater related to certain lobster assets and sales. Those items were partly offset by a C$53.1 million loss related to the shutdown of a value-added beef-processing facility in Ontario and the company’s exit from certain unprofitable sales.
Premium Brands revised its 2026 guidance to sales of C$9.1 billion to C$9.3 billion and adjusted EBITDA of C$840 million to C$870 million. Kalutycz cited delays in product launches, a customer’s decision to shift several large promotions from the second half of 2026 to early 2027, the exit from unprofitable beef-related sales, and weakening consumer demand in certain foodservice segments.
Despite the revised outlook, management said it still expects strong growth in the second half of 2026 and remains on track to meet or exceed its five-year targets of C$10 billion in sales and C$1 billion in EBITDA by the end of 2027.
About Premium Brands (TSE:PBH)Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company's business segments include Specialty Foods, Premium Food Distribution, and Corporate. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company's distribution and wholesale businesses; the Corporate segment includes the company's head office activities along with its finance and information systems.
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Burger King sesadil Wendy’s z pozice americké dvojky mezi burger řetězci po šesti letech. V USA mu tržby ve stejných provozovnách ve 2. čtvrtletí vzrostly o 8,5 %, zatímco Wendy’s klesly o 7 %.
Wendy’s has lost its place as America’s runner-up to McDonald’s, ending a six-year run as the second-largest burger chain, being surpassed by a resurgent Burger King.
Burger King reclaimed the No. 2 position as its U.S. turnaround gains momentum, with domestic same-store sales jumping 8.5% in the second quarter. Wendy’s, meanwhile, reported a 7% decline in U.S. same-store sales, marking its sixth consecutive quarter of contraction.
Wendy’s new CEO Bob Wright acknowledged the chain’s problems Friday, saying its competitive edge has weakened as customers have pulled back.
“Today we are clearly not performing at our potential,” he wrote in a statement.
“Our traffic, our value proposition and franchisee economics are not meeting our expectations. We have already begun taking action across five areas that we’ve identified to drive the turnaround: rebuilding a quality menu at compelling value, marketing that drives demand, operational excellence, a digital experience that builds frequency, and restaurants as an engine for growth.”
Burger King’s comeback is fueled by an 8.5% jump in US same-store sales, while Wendy’s saw a 7% decline. jetcityimage – stock.adobe.com McDonald’s remains the dominant U.S. burger chain by a wide margin, leaving Burger King and Wendy’s fighting for a distant second place.
Wendy’s had surpassed Burger King roughly six years ago, helped by the successful nationwide rollout of its breakfast menu. But its hold on the No. 2 spot has eroded as Burger King poured money into improving restaurants, advertising and its core menu.
Restaurant Brands International, Burger King’s parent company, launched a broad U.S. turnaround effort in late 2022 after sluggish sales. The strategy has included restaurant remodels, increased marketing spending and changes intended to improve food quality and the customer experience.
More recently, Burger King has focused on its signature Whopper.
The chain revamped the burger earlier this year, making changes to its bun, packaging, mayonnaise and other elements. Burger King U.S. and Canada President Tom Curtis told The Wall Street Journal that the improvements are helping bring customers back.
“A lot of people are saying they’re coming back for the first time in a long time,” Curtis said.
Wendy’s just got dethroned as America’s second-biggest burger chain after six years, with Burger King sizzling back into the No. 2 spot. Mahmoud Suhail – stock.adobe.com Burger King has also introduced a Whopper quality guarantee, pledging to remake an order if a customer is unhappy with it and provide another Whopper free on a future visit.
“When we asked guests where we could do better, they gave us a lot of honest feedback, and now it’s our responsibility to act on it,” Curtis wrote in a statement in July. “We’re not going to get everything right every single time, but we’re committed to listening intently and improving every day.
“When guests choose us, they expect high-quality food, orders made the way they asked, and a team that’s there when they need us. That’s what these changes are about. We’re raising the standard in our restaurants, so every Guest feels like they made the right choice.”
Curtis said the chain believes it is taking market share from competitors, including potentially McDonald’s, and sees an opportunity to turn newly won customers into regulars.
“The next generation of burger lovers are being exposed to Burger King, and that means we’ve got runway ahead for years to come,” Curtis told the Journal.
The gains underscore a sharp reversal in fortunes for two longtime rivals that have wrestled with many of the same pressures in recent years.
Wendy’s has lost its place as America’s runner-up to McDonald’s, ending a six-year run as the second-largest burger chain, being surpassed by a resurgent Burger King. FOTO_STOCKER – stock.adobe.com Both companies navigated the COVID-19 pandemic, supply-chain disruptions and rising food and labor costs before confronting increasingly price-conscious consumers frustrated by years of restaurant menu inflation.
Burger King responded with its multiyear turnaround campaign. Wendy’s, by contrast, has faced leadership turnover just as restaurant traffic weakened and beef costs added pressure to its business.
Longtime Wendy’s CEO Todd Penegor retired in 2024 after eight years at the helm. Former PepsiCo executive Kirk Tanner succeeded him but left a little more than a year later to become CEO of Hershey.
Wendy’s CFO Ken Cook then served as interim chief executive before the company named Wright, the former CEO of Potbelly, to the permanent job in May.
“I returned to Wendy’s because I believe we can fix our issues and I am excited to work with our team and our franchisees to drive a strong turnaround,” Wright wrote in Friday’s release of second quarter results.
TickerSecurityLastChangeChange %MCDMCDONALD’S CORP.274.48-1.78-0.64%QSRRESTAURANT BRANDS INTERNATIONAL INC.73.89+0.97+1.33%WENTHE WENDY’S CO.7.69+0.30+4.06%SHAKSHAKE SHACK71.13+0.89+1.27%JACKJACK IN THE BOX INC.17.58+0.20+1.15%YUMYUM! BRANDS INC.150.76-1.52-1.00% He said Wendy’s recent problems have hurt customer traffic and put pressure on restaurant economics, an increasingly important issue for a largely franchised chain whose operators must absorb higher costs while competing aggressively for value-conscious diners.
Burger King’s improvement also comes as McDonald’s works through challenges in its own U.S. operation. McDonald’s has been revamping its burgers, testing new menu items and looking for ways to improve food quality, service and value.
Still, Burger King’s move ahead of Wendy’s does not put it close to overtaking the Golden Arches.
McDonald’s accounted for about 48% of the U.S. burger market in 2024, according to Barclays data. Wendy’s held an estimated 11.4% share at the time, compared with about 10% for Burger King.
Zlato v pátek obnovilo růst na nové sedmidenní maximum 4 371 USD a míří k největšímu týdennímu zisku od třetího lednového týdne. Slabá americká data z trhu práce zvýšila sázky na to, že Fed v září sazby nezvýší.
Gold resumes advance on Friday after bulls paused previous day and hit new seven- high ($4371), on track for the biggest weekly gain since the third week of January.
Disappointing US July labor data on Friday contributed to fading expectations for Fed rate hike in September that further boosted demand for the yellow metal, although, markets await release of US inflation report for July (due next week) to get more details about the monetary policy near-term outlook.
Fresh gains broke through important barrier at $4304 (Fibo 38.2% of $4889/$3942 descend) with weekly close above this level to confirm bullish signal and further strengthen near-term structure.
Bulls cracked next barrier at $4358 (daily Ichimoku cloud top) although may take a breather here, due to stretched daily studies and partial profit-taking at the end of the week, before resuming towards targets at target at $4390 (100DMA); $4400 (round-figure) and $4416 (50% retracement).
Dips should be limited and ideally contained by broken Fibo 38.2% barrier, to keep bulls intact.
The information contained in this document was obtained from sources believed to be reliable, but its accuracy or completeness cannot be guaranteed. Any opinions expressed herein are in good faith, but are subject to change without notice. No liability accepted whatsoever for any direct or consequential loss arising from the use of this document.
BitMEX nedokončil dlouho připravovaný prodej, protože zájemce odradily podíly zakladatelů a klesající obchodní aktivita. Platforma se nyní chystá ukončit činnost.
Once a dominant force in cryptocurrency derivatives trading, BitMEX has failed to complete a long-running sale process, according to people familiar with the matter. The platform, which pioneered perpetual futures contracts and once commanded a large share of leveraged trading activity, spent roughly two years seeking a buyer before its parent company decided to wind down operations.
Potential acquirers ultimately walked away, citing persistent founder ownership stakes and a steadily shrinking business as key obstacles.
Investment bank Broadhaven advised on the sale, which reportedly targeted a valuation near $1 billion.
Discussions involved rival exchanges as well as payments and wallet firm Exodus.
Yet none of the talks produced a completed transaction. Sources indicated that buyers grew uneasy over the continued majority equity control held by co-founders Arthur Hayes, Ben Delo, and Samuel Reed.
Although the three had stepped away from day-to-day management after US criminal charges related to anti-money laundering compliance in 2020, their substantial ownership remained intact.
This structure complicated negotiations, as acquirers typically prefer arrangements that allow them to retain and incentivize key personnel through portions of the purchase price rather than navigating significant founder influence post-deal. Compounding the ownership issue was BitMEX’s deteriorating market position.
Throughout the sale process, trading activity continued migrating to larger centralized platforms such as Binance and Bybit, as well as emerging decentralized perpetual futures venues.
Market share eroded sharply from the double-digit percentages the exchange once enjoyed to fractions of a percent in recent periods.
Daily volumes in some segments fell to levels that made growth-oriented revenue multiples difficult to justify.
Lingering reputational concerns tied to earlier regulatory actions further deterred interest, even after the co-founders received presidential pardons in 2025.
The unsuccessful sale paved the way for the decision to close.
HDR Global Trading, the Seychelles-based operator, announced that BitMEX would cease operations on September 23, 2026.
New user registrations stopped immediately, with risk limits and forced position closures planned in the intervening weeks to allow an orderly exit.
The company has stated that assets exceed liabilities and that no customer funds were ever lost to hacks over its more than decade-long history.
Still, the combination of regulatory history, competitive pressure, and the inability to secure an exit via sale left continued independent operation unviable.
BitMEX’s trajectory illustrates broader shifts in the crypto derivatives landscape.
The perpetual swap product it helped popularize now dominates volume across many competing venues, yet the original innovator could not maintain its early advantages.
Declining liquidity and the challenges of operating a fully compliant global platform under reduced activity levels made a clean sale elusive.
For potential buyers, the risks associated with founder ties and a contracting franchise outweighed any remaining brand value or technical infrastructure.
As the platform prepares for final shutdown, the episode underscores how ownership structures and sustained competitive performance can determine outcomes in crypto mergers and acquisitions. What began as an ambitious effort to transfer a pioneering exchange ended without a deal, marking the close of a significant chapter in the crypto industry’s development.
Ascension Capital Advisors Inc. lifted its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 49.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,694 shares of the iPhone maker’s stock after acquiring an additional 3,517 shares during the period. Apple accounts for 0.9% of Ascension Capital Advisors Inc.’s holdings, making the stock its 17th largest position. Ascension Capital Advisors Inc.’s holdings in Apple were worth $2,714,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in AAPL. Norges Bank purchased a new stake in shares of Apple during the fourth quarter worth $52,266,468,000. Nuveen LLC purchased a new position in shares of Apple in the first quarter worth about $17,472,482,000. Cardano Risk Management B.V. lifted its stake in shares of Apple by 890.7% in the fourth quarter. Cardano Risk Management B.V. now owns 41,984,810 shares of the iPhone maker’s stock worth $11,413,990,000 after buying an additional 37,746,784 shares in the last quarter. Laurel Wealth Advisors LLC boosted its position in Apple by 20,464.8% during the second quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker’s stock worth $5,553,753,000 after acquiring an additional 26,937,401 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in Apple by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker’s stock worth $387,749,545,000 after acquiring an additional 26,856,752 shares during the last quarter. 67.73% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Apple In related news, insider Ben Borders sold 116 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total transaction of $34,236.24. Following the completion of the sale, the insider directly owned 38,713 shares of the company’s stock, valued at approximately $11,425,754.82. This trade represents a 0.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 0.06% of the company’s stock.
Analyst Ratings Changes A number of analysts have commented on the stock. Oppenheimer reiterated a “market perform” rating on shares of Apple in a report on Friday, July 31st. Weiss Ratings upgraded Apple from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, August 3rd. The Goldman Sachs Group restated a “buy” rating and issued a $360.00 price target (down from $370.00) on shares of Apple in a research report on Friday, July 31st. BNP Paribas Exane raised Apple from a “neutral” rating to an “outperform” rating and set a $300.00 price target for the company in a report on Friday, April 17th. Finally, Rosenblatt Securities lifted their price objective on Apple from $276.00 to $300.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $330.44.
Read Our Latest Research Report on AAPL
Apple News Roundup Here are the key news stories impacting Apple this week:
Positive Sentiment: Planned CEO transition appears orderly. Tim Cook will step down in September and be succeeded by longtime Apple executive John Ternus, a veteran with experience dating back to the Steve Jobs era. Cook’s endorsement and Ternus’ familiarity with Apple’s products may reduce concerns about strategic disruption. Tim Cook Says There’s ‘No Better Person’ to Take Over at Apple Positive Sentiment: Core business momentum remains strong. Apple’s latest quarter exceeded earnings and revenue expectations, with revenue up roughly 16% year over year. Broad iPhone, Mac and Services demand continues to support the bullish case. Tim Cook’s Last Quarter as CEO Was Apple’s Best June Quarter Ever Positive Sentiment: App Store monetization is holding up. App Store revenue increased slightly despite a 4% decline in iPhone and iPad downloads, as revenue per download rose 4.7%. This suggests continued pricing and engagement resilience in a key Services business. Apple App Store Revenue Ticks Up Despite Falling Downloads Neutral Sentiment: OpenAI is seeking dismissal of Apple’s trade-secrets lawsuit. OpenAI denies misappropriating confidential information related to Apple’s consumer-hardware efforts. The filing does not resolve the dispute, leaving legal and competitive uncertainty in place. OpenAI Seeks Dismissal of Apple’s Trade Secrets Lawsuit Negative Sentiment: Near-term cost and growth pressures are weighing on sentiment. Rising memory prices, supply constraints and policy risks could pressure margins, while slower Services growth has prompted some firms to downgrade Apple to Hold or Moderate Sell. Apple’s Capex Strategy Worked But Other Pressures Are Mounting Negative Sentiment: Competition in emerging hardware is increasing. Samsung reported a 30% rise in foldable-device preorders, highlighting a market Apple has yet to enter. Investors may view future Apple foldables as an opportunity, but execution and timing remain uncertain. Samsung Foldable Preorders Jump 30% Apple Stock Up 0.3% Shares of NASDAQ AAPL opened at $313.33 on Friday. The company has a 50 day simple moving average of $309.45 and a 200-day simple moving average of $283.23. The company has a market capitalization of $4.57 trillion, a P/E ratio of 35.93, a P/E/G ratio of 2.69 and a beta of 1.09. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. Apple Inc. has a 1 year low of $219.25 and a 1 year high of $344.57.
Apple (NASDAQ:AAPL – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%.The firm had revenue of $109.42 billion for the quarter, compared to analysts’ expectations of $109.04 billion. During the same period in the prior year, the firm posted $1.57 earnings per share. The firm’s quarterly revenue was up 16.4% on a year-over-year basis. On average, equities research analysts predict that Apple Inc. will post 8.76 earnings per share for the current year.
Apple Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Monday, August 10th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, August 10th. Apple’s dividend payout ratio is 12.39%.
Apple Profile (Free Report)
Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.
Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.
Read More Five stocks we like better than Apple Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL – Free Report).
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Blacksheep Fund Management Ltd zvýšil podíl v Microsoftu o 54,4 % v 1. čtvrtletí na 130 140 akcií. Microsoft tvoří 19,5 % jeho portfolia a je druhou největší pozicí.
Blacksheep Fund Management Ltd raised its stake in shares of Microsoft Corporation (NASDAQ:MSFT – Free Report) by 54.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 130,140 shares of the software giant’s stock after acquiring an additional 45,860 shares during the period. Microsoft makes up 19.5% of Blacksheep Fund Management Ltd’s holdings, making the stock its 2nd biggest holding. Blacksheep Fund Management Ltd’s holdings in Microsoft were worth $48,174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also made changes to their positions in MSFT. Longfellow Investment Management Co. LLC boosted its position in shares of Microsoft by 51.3% during the second quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant’s stock worth $29,000 after buying an additional 20 shares during the period. Bernzott Capital Advisors acquired a new stake in shares of Microsoft in the fourth quarter valued at $34,000. Timmons Wealth Management LLC purchased a new stake in shares of Microsoft in the 4th quarter valued at $36,000. Fairway Wealth LLC raised its holdings in shares of Microsoft by 287.0% in the 4th quarter. Fairway Wealth LLC now owns 89 shares of the software giant’s stock valued at $43,000 after buying an additional 66 shares during the period. Finally, LSV Asset Management acquired a new position in Microsoft during the 4th quarter worth about $44,000. 71.13% of the stock is owned by hedge funds and other institutional investors.
Microsoft Stock Performance Shares of MSFT stock opened at $499.99 on Friday. The company has a current ratio of 1.23, a quick ratio of 1.22 and a debt-to-equity ratio of 0.07. The firm has a fifty day moving average price of $404.86 and a 200 day moving average price of $406.96. The company has a market cap of $3.71 trillion, a P/E ratio of 27.84, a PEG ratio of 1.61 and a beta of 1.11. Microsoft Corporation has a 12 month low of $349.20 and a 12 month high of $553.72.
Microsoft (NASDAQ:MSFT – Get Free Report) last posted its earnings results on Wednesday, July 29th. The software giant reported $4.74 earnings per share for the quarter, topping the consensus estimate of $4.24 by $0.50. Microsoft had a return on equity of 31.98% and a net margin of 40.31%.The firm had revenue of $90.01 billion during the quarter, compared to analysts’ expectations of $87.62 billion. During the same quarter in the previous year, the business earned $3.65 earnings per share. The firm’s revenue was up 17.7% compared to the same quarter last year. Sell-side analysts predict that Microsoft Corporation will post 19.58 earnings per share for the current fiscal year.
Microsoft Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.91 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $3.64 annualized dividend and a dividend yield of 0.7%. Microsoft’s dividend payout ratio (DPR) is presently 20.27%.
Wall Street Analysts Forecast Growth Several equities analysts have weighed in on the company. Guggenheim reaffirmed a “buy” rating and issued a $586.00 target price on shares of Microsoft in a research report on Monday, July 27th. Oppenheimer reissued an “outperform” rating and set a $515.00 price target on shares of Microsoft in a research report on Wednesday, July 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Microsoft in a research note on Monday, July 6th. Phillip Securities cut shares of Microsoft from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, August 3rd. Finally, Raymond James Financial downgraded shares of Microsoft from a “market perform” rating to a “market perform” rating in a research note on Tuesday, May 5th. Forty-two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $558.87.
Check Out Our Latest Report on MSFT
Microsoft News Roundup Here are the key news stories impacting Microsoft this week:
Positive Sentiment: Citi raised its Microsoft price target to $600. The upgrade follows Microsoft’s quarterly Azure performance, with analysts highlighting the 43% cloud-revenue increase and stronger-than-expected earnings as evidence that AI demand is translating into accelerating cloud growth. Citi Raises Microsoft Stock Target to $600 Positive Sentiment: Microsoft’s custom AI chips may improve cloud economics. CEO Satya Nadella said the company’s internally developed chips can deliver efficiency gains of up to 40%. Better cost and energy efficiency could help Microsoft support AI workloads while protecting Azure margins. Microsoft Custom AI Chips Improve Efficiency Positive Sentiment: Azure is expanding in India. Microsoft opened a major Hyderabad data-center region and is committing approximately $20.5 billion to its Indian cloud and AI operations. Early customers include Adani Group and HDFC Bank, supporting the case for long-term international Azure growth. Microsoft Opens Largest India Data Center Hub Positive Sentiment: Fundamentals and institutional support remain strong. Microsoft recently exceeded quarterly revenue and EPS expectations, while Bill Ackman’s Pershing Square holds a reported $2.4 billion MSFT position. Scotiabank also raised its fiscal 2027 EPS estimate and maintained an Outperform rating. Bill Ackman Microsoft Stake Neutral Sentiment: AI demand is powerful but concentrated. Reports suggest OpenAI may account for a substantial portion of Microsoft’s AI sales, creating both a major growth engine and customer-concentration risk. Microsoft’s large AI backlog also does not guarantee equivalent future profitability. Negative Sentiment: Spending, margins and valuation remain concerns. Rising data-center capital expenditures and lower cloud gross margins could pressure cash flow if AI infrastructure costs grow faster than revenue. After the sharp post-earnings rally, the stock is also more vulnerable to profit-taking or disappointing guidance. Negative Sentiment: Insider sales and securities litigation add headline risk. CEO Judson Althoff sold 10,000 shares for roughly $4.9 million, and multiple law firms are publicizing a securities class action with an August 11 lead-plaintiff deadline. These developments do not establish wrongdoing but may weigh on near-term sentiment. Insider Transactions at Microsoft In related news, EVP Takeshi Numoto sold 4,810 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $496.48, for a total transaction of $2,388,068.80. Following the transaction, the executive vice president owned 42,677 shares in the company, valued at $21,188,276.96. This trade represents a 10.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Amy Coleman sold 1,262 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $411.34, for a total value of $519,111.08. Following the transaction, the executive vice president owned 46,003 shares in the company, valued at $18,922,874.02. This represents a 2.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 38,572 shares of company stock worth $17,775,330. Corporate insiders own 0.03% of the company’s stock.
About Microsoft (Free Report)
Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.
Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).
Recommended Stories Five stocks we like better than Microsoft Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Corporation (NASDAQ:MSFT – Free Report).
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Coronation Fund Managers Ltd. raised its position in Microsoft Corporation (NASDAQ:MSFT – Free Report) by 49.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 138,606 shares of the software giant’s stock after acquiring an additional 45,793 shares during the period. Microsoft makes up approximately 2.3% of Coronation Fund Managers Ltd.’s holdings, making the stock its 12th biggest holding. Coronation Fund Managers Ltd.’s holdings in Microsoft were worth $51,308,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of Microsoft by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 717,942,580 shares of the software giant’s stock valued at $347,211,391,000 after acquiring an additional 15,955,898 shares in the last quarter. State Street Corp raised its position in shares of Microsoft by 2.1% in the 4th quarter. State Street Corp now owns 306,150,608 shares of the software giant’s stock valued at $148,060,557,000 after purchasing an additional 6,388,930 shares during the last quarter. Geode Capital Management LLC boosted its stake in Microsoft by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 182,618,400 shares of the software giant’s stock worth $88,056,019,000 after purchasing an additional 1,911,142 shares in the last quarter. Morgan Stanley boosted its stake in Microsoft by 0.8% in the 4th quarter. Morgan Stanley now owns 121,220,561 shares of the software giant’s stock worth $58,624,690,000 after purchasing an additional 980,439 shares in the last quarter. Finally, Norges Bank purchased a new stake in Microsoft during the 4th quarter worth approximately $50,664,631,000. 71.13% of the stock is owned by institutional investors and hedge funds.
Microsoft Stock Performance Shares of NASDAQ MSFT opened at $499.99 on Friday. The company has a 50 day simple moving average of $404.86 and a two-hundred day simple moving average of $406.96. The stock has a market cap of $3.71 trillion, a price-to-earnings ratio of 27.84, a PEG ratio of 1.61 and a beta of 1.11. The company has a current ratio of 1.23, a quick ratio of 1.22 and a debt-to-equity ratio of 0.07. Microsoft Corporation has a 12 month low of $349.20 and a 12 month high of $553.72.
Microsoft (NASDAQ:MSFT – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The software giant reported $4.74 earnings per share for the quarter, topping analysts’ consensus estimates of $4.24 by $0.50. Microsoft had a net margin of 40.31% and a return on equity of 31.98%. The firm had revenue of $90.01 billion for the quarter, compared to analyst estimates of $87.62 billion. During the same quarter in the prior year, the business earned $3.65 earnings per share. The business’s quarterly revenue was up 17.7% compared to the same quarter last year. As a group, analysts predict that Microsoft Corporation will post 19.58 earnings per share for the current year.
Microsoft Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be issued a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 20th. Microsoft’s dividend payout ratio is presently 20.27%.
Insiders Place Their Bets In other news, EVP Takeshi Numoto sold 4,810 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $496.48, for a total value of $2,388,068.80. Following the completion of the transaction, the executive vice president owned 42,677 shares of the company’s stock, valued at $21,188,276.96. The trade was a 10.13% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Amy Coleman sold 1,262 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $411.34, for a total value of $519,111.08. Following the completion of the sale, the executive vice president owned 46,003 shares in the company, valued at $18,922,874.02. The trade was a 2.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 38,572 shares of company stock valued at $17,775,330. Company insiders own 0.03% of the company’s stock.
Trending Headlines about Microsoft Here are the key news stories impacting Microsoft this week:
Positive Sentiment: Citi raised its Microsoft price target to $600. The upgrade follows Microsoft’s quarterly Azure performance, with analysts highlighting the 43% cloud-revenue increase and stronger-than-expected earnings as evidence that AI demand is translating into accelerating cloud growth. Citi Raises Microsoft Stock Target to $600 Positive Sentiment: Microsoft’s custom AI chips may improve cloud economics. CEO Satya Nadella said the company’s internally developed chips can deliver efficiency gains of up to 40%. Better cost and energy efficiency could help Microsoft support AI workloads while protecting Azure margins. Microsoft Custom AI Chips Improve Efficiency Positive Sentiment: Azure is expanding in India. Microsoft opened a major Hyderabad data-center region and is committing approximately $20.5 billion to its Indian cloud and AI operations. Early customers include Adani Group and HDFC Bank, supporting the case for long-term international Azure growth. Microsoft Opens Largest India Data Center Hub Positive Sentiment: Fundamentals and institutional support remain strong. Microsoft recently exceeded quarterly revenue and EPS expectations, while Bill Ackman’s Pershing Square holds a reported $2.4 billion MSFT position. Scotiabank also raised its fiscal 2027 EPS estimate and maintained an Outperform rating. Bill Ackman Microsoft Stake Neutral Sentiment: AI demand is powerful but concentrated. Reports suggest OpenAI may account for a substantial portion of Microsoft’s AI sales, creating both a major growth engine and customer-concentration risk. Microsoft’s large AI backlog also does not guarantee equivalent future profitability. Negative Sentiment: Spending, margins and valuation remain concerns. Rising data-center capital expenditures and lower cloud gross margins could pressure cash flow if AI infrastructure costs grow faster than revenue. After the sharp post-earnings rally, the stock is also more vulnerable to profit-taking or disappointing guidance. Negative Sentiment: Insider sales and securities litigation add headline risk. CEO Judson Althoff sold 10,000 shares for roughly $4.9 million, and multiple law firms are publicizing a securities class action with an August 11 lead-plaintiff deadline. These developments do not establish wrongdoing but may weigh on near-term sentiment. Analysts Set New Price Targets MSFT has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Microsoft in a research note on Monday, July 20th. BNP Paribas Exane dropped their price objective on shares of Microsoft from $556.00 to $555.00 and set an “outperform” rating on the stock in a report on Friday, May 1st. DZ Bank reissued a “buy” rating on shares of Microsoft in a research report on Thursday, April 30th. Weiss Ratings restated a “hold (c)” rating on shares of Microsoft in a research note on Monday, July 6th. Finally, Truist Financial reaffirmed a “buy” rating and set a $575.00 price target on shares of Microsoft in a research report on Wednesday, July 22nd. Forty-two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus price target of $558.87.
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About Microsoft (Free Report)
Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.
Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).
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Bull Harbor Capital LLC purchased a new stake in NVIDIA Corporation (NASDAQ:NVDA – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 43,113 shares of the computer hardware maker’s stock, valued at approximately $7,519,000. NVIDIA accounts for about 2.0% of Bull Harbor Capital LLC’s holdings, making the stock its biggest holding.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank bought a new position in NVIDIA during the fourth quarter worth $62,244,133,000. J. Stern & Co. LLP increased its stake in NVIDIA by 13,709.1% in the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock valued at $23,454,297,000 after purchasing an additional 124,849,603 shares in the last quarter. Cardano Risk Management B.V. increased its stake in NVIDIA by 896.4% in the fourth quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker’s stock valued at $14,570,119,000 after purchasing an additional 70,283,539 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of NVIDIA by 16.1% during the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock valued at $30,855,564,000 after purchasing an additional 22,896,705 shares during the period. Finally, Laurel Wealth Advisors LLC boosted its position in shares of NVIDIA by 15,496.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock worth $3,454,534,000 after purchasing an additional 21,725,326 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.
Insider Buying and Selling In related news, Director John Dabiri sold 625 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the sale, the director directly owned 14,163 shares of the company’s stock, valued at approximately $3,030,882. This represents a 4.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the transaction, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This trade represents a 14.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 1,901,125 shares of company stock worth $410,583,015. 3.94% of the stock is owned by corporate insiders.
NVIDIA News Summary Here are the key news stories impacting NVIDIA this week:
Positive Sentiment: Reports that SpaceX plans to deploy NVIDIA’s next-generation AI hardware across terrestrial and orbital computing infrastructure reinforced expectations for another major customer and expanded demand for NVIDIA systems. Time to Buy Nvidia or SpaceX Stock After Their AI Partnership? Positive Sentiment: Strong spending by hyperscalers, demand for AI data-center capacity, and NVIDIA-backed projects such as Firmus’ $2 billion fundraising in Australia and Asia-Pacific supported the view that AI infrastructure investment remains robust. Firmus nearly doubles valuation to over $10.5 billion Positive Sentiment: Analyst and market commentary highlighted NVIDIA’s leadership in sovereign AI, with one report estimating a 92% share, while investors continued to describe the company as evolving from a GPU supplier into a broader AI infrastructure platform. What’s Going On With NVIDIA Stock Friday? Positive Sentiment: Recent commentary pointed to accelerating AI demand, strong cash flow and valuation support, with the median analyst price target reported at $308.50 versus recent trading levels. Should You Buy NVIDIA Stock After Its 11% Rally in a Month? Neutral Sentiment: NVIDIA’s rally has lifted the stock roughly 12% over five sessions, increasing focus on the upcoming earnings report. Analysts remain constructive, but some traders are pausing because near-term catalysts may be limited after the sharp advance. Two reasons why Nvidia’s stock saw its biggest weekly surge Negative Sentiment: AMD’s acquisition of AI-inference chip startup Taalas could strengthen its competitive position and create a longer-term challenge to NVIDIA, although initial investor commentary suggested the deal does not immediately close NVIDIA’s AI gap. AMD Is Buying Its Way Deeper Into AI Inference Negative Sentiment: QuiverQuant data showed 45 NVIDIA insider sales and no insider purchases during the past six months, a potential caution signal as the stock trades near its highs. NVIDIA Stock Opinions on AI Market Position NVIDIA Price Performance Shares of NASDAQ NVDA opened at $223.96 on Friday. The stock has a market cap of $5.42 trillion, a price-to-earnings ratio of 34.30, a PEG ratio of 0.44 and a beta of 2.23. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. NVIDIA Corporation has a fifty-two week low of $164.07 and a fifty-two week high of $236.54. The firm’s 50-day simple moving average is $205.66 and its 200 day simple moving average is $197.19.
NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. The firm had revenue of $81.61 billion during the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company’s revenue for the quarter was up 85.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.81 EPS. As a group, research analysts anticipate that NVIDIA Corporation will post 8.79 earnings per share for the current fiscal year.
NVIDIA declared that its board has approved a stock buyback program on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.
NVIDIA Increases Dividend The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.4%. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 4th. NVIDIA’s dividend payout ratio is currently 15.31%.
Wall Street Analyst Weigh In Several analysts have recently commented on the company. Zacks Research upgraded NVIDIA from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Needham & Company LLC reiterated a “buy” rating and issued a $270.00 price target on shares of NVIDIA in a report on Tuesday, June 2nd. Craig Hallum raised their price objective on NVIDIA from $245.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Royal Bank Of Canada set a $280.00 price objective on NVIDIA in a report on Thursday, May 21st. Finally, China Renaissance began coverage on NVIDIA in a research report on Friday, June 5th. They set a “buy” rating and a $319.00 target price on the stock. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, NVIDIA has an average rating of “Buy” and a consensus price target of $304.26.
Check Out Our Latest Analysis on NVIDIA
NVIDIA Company Profile (Free Report)
NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.
The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.
Read More Five stocks we like better than NVIDIA Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).
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Altshuler Shaham Ltd. v 1. čtvrtletí zvýšila podíl v NVIDIA o 6 451,9 % a nakoupila dalších 627 510 akcií. Po transakci držela 637 236 akcií v hodnotě 111,134 mil. USD.
Altshuler Shaham Ltd increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 6,451.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 637,236 shares of the computer hardware maker’s stock after acquiring an additional 627,510 shares during the quarter. NVIDIA comprises about 1.8% of Altshuler Shaham Ltd’s investment portfolio, making the stock its 19th largest position. Altshuler Shaham Ltd’s holdings in NVIDIA were worth $111,134,000 at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in the company. Lifetime Wealth Management P.C. bought a new stake in shares of NVIDIA in the 4th quarter valued at about $26,000. Longview Financial Advisors Inc. acquired a new position in NVIDIA during the first quarter valued at approximately $27,000. Longfellow Investment Management Co. LLC increased its stake in NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after purchasing an additional 67 shares in the last quarter. Phillip James Consulting Co. bought a new stake in NVIDIA in the first quarter valued at approximately $40,000. Finally, Spurstone Advisory Services LLC acquired a new stake in NVIDIA in the second quarter worth $40,000. Institutional investors own 65.27% of the company’s stock.
Wall Street Analysts Forecast Growth A number of brokerages have recently weighed in on NVDA. President Capital lifted their price target on shares of NVIDIA from $280.00 to $295.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Raymond James Financial restated a “strong-buy” rating and issued a $330.00 price objective on shares of NVIDIA in a research report on Thursday, May 21st. Tigress Financial reiterated a “strong-buy” rating and set a $425.00 target price (up from $360.00) on shares of NVIDIA in a report on Wednesday, May 27th. CICC Research boosted their target price on NVIDIA from $240.60 to $268.30 and gave the company an “outperform” rating in a research note on Friday, May 22nd. Finally, BTIG Research assumed coverage on NVIDIA in a report on Wednesday, April 15th. They issued a “buy” rating for the company. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $304.26.
Read Our Latest Research Report on NVDA
Key Stories Impacting NVIDIA Here are the key news stories impacting NVIDIA this week:
Positive Sentiment: Reports that SpaceX plans to deploy NVIDIA’s next-generation AI hardware across terrestrial and orbital computing infrastructure reinforced expectations for another major customer and expanded demand for NVIDIA systems. Time to Buy Nvidia or SpaceX Stock After Their AI Partnership? Positive Sentiment: Strong spending by hyperscalers, demand for AI data-center capacity, and NVIDIA-backed projects such as Firmus’ $2 billion fundraising in Australia and Asia-Pacific supported the view that AI infrastructure investment remains robust. Firmus nearly doubles valuation to over $10.5 billion Positive Sentiment: Analyst and market commentary highlighted NVIDIA’s leadership in sovereign AI, with one report estimating a 92% share, while investors continued to describe the company as evolving from a GPU supplier into a broader AI infrastructure platform. What’s Going On With NVIDIA Stock Friday? Positive Sentiment: Recent commentary pointed to accelerating AI demand, strong cash flow and valuation support, with the median analyst price target reported at $308.50 versus recent trading levels. Should You Buy NVIDIA Stock After Its 11% Rally in a Month? Neutral Sentiment: NVIDIA’s rally has lifted the stock roughly 12% over five sessions, increasing focus on the upcoming earnings report. Analysts remain constructive, but some traders are pausing because near-term catalysts may be limited after the sharp advance. Two reasons why Nvidia’s stock saw its biggest weekly surge Negative Sentiment: AMD’s acquisition of AI-inference chip startup Taalas could strengthen its competitive position and create a longer-term challenge to NVIDIA, although initial investor commentary suggested the deal does not immediately close NVIDIA’s AI gap. AMD Is Buying Its Way Deeper Into AI Inference Negative Sentiment: QuiverQuant data showed 45 NVIDIA insider sales and no insider purchases during the past six months, a potential caution signal as the stock trades near its highs. NVIDIA Stock Opinions on AI Market Position NVIDIA Stock Performance NVDA opened at $223.96 on Friday. The company has a market capitalization of $5.42 trillion, a price-to-earnings ratio of 34.30, a P/E/G ratio of 0.44 and a beta of 2.23. The business’s 50-day moving average price is $205.66 and its two-hundred day moving average price is $197.19. NVIDIA Corporation has a 1 year low of $164.07 and a 1 year high of $236.54. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85.
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.11. The company had revenue of $81.61 billion during the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.During the same period in the prior year, the firm earned $0.81 earnings per share. NVIDIA’s revenue for the quarter was up 85.2% compared to the same quarter last year. Equities analysts expect that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.
NVIDIA Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio (DPR) is 15.31%.
NVIDIA declared that its Board of Directors has authorized a stock buyback plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.
Insider Activity In related news, Director Mark A. Stevens sold 885,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the transaction, the director owned 5,207,271 shares of the company’s stock, valued at approximately $1,094,412,146.07. This trade represents a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stephen C. Neal sold 15,500 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the completion of the transaction, the director directly owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,901,125 shares of company stock worth $410,583,015 over the last ninety days. Insiders own 3.94% of the company’s stock.
NVIDIA Profile (Free Report)
NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.
The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.
Read More Five stocks we like better than NVIDIA Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish
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Atreides Management LP reduced its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 77.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,248,592 shares of the computer hardware maker’s stock after selling 4,176,639 shares during the quarter. NVIDIA comprises 4.4% of Atreides Management LP’s investment portfolio, making the stock its 5th biggest position. Atreides Management LP’s holdings in NVIDIA were worth $217,754,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of NVDA. State Street Corp boosted its stake in NVIDIA by 1.2% in the 4th quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock worth $184,911,111,000 after purchasing an additional 11,451,386 shares during the period. Geode Capital Management LLC increased its position in shares of NVIDIA by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock valued at $109,446,217,000 after buying an additional 3,383,441 shares during the period. Norges Bank purchased a new stake in shares of NVIDIA in the fourth quarter worth about $62,244,133,000. Bank of America Corp DE lifted its holdings in shares of NVIDIA by 1.5% in the fourth quarter. Bank of America Corp DE now owns 187,181,484 shares of the computer hardware maker’s stock worth $34,909,347,000 after buying an additional 2,849,678 shares in the last quarter. Finally, Legal & General Group Plc boosted its position in shares of NVIDIA by 1.5% in the third quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock valued at $33,808,862,000 after acquiring an additional 2,609,560 shares during the period. 65.27% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In A number of analysts recently weighed in on the stock. Barclays reaffirmed an “overweight” rating on shares of NVIDIA in a report on Thursday, May 21st. Royal Bank Of Canada set a $280.00 price target on shares of NVIDIA in a report on Thursday, May 21st. Rosenblatt Securities restated a “buy” rating and set a $325.00 price target on shares of NVIDIA in a research report on Thursday, May 21st. DA Davidson reaffirmed a “buy” rating and issued a $300.00 price target on shares of NVIDIA in a report on Monday, June 1st. Finally, Stifel Nicolaus set a $282.00 price objective on NVIDIA and gave the stock a “buy” rating in a research report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, NVIDIA currently has an average rating of “Buy” and an average price target of $304.26.
View Our Latest Stock Analysis on NVIDIA
NVIDIA News Summary Here are the key news stories impacting NVIDIA this week:
Positive Sentiment: Reports that SpaceX plans to deploy NVIDIA’s next-generation AI hardware across terrestrial and orbital computing infrastructure reinforced expectations for another major customer and expanded demand for NVIDIA systems. Time to Buy Nvidia or SpaceX Stock After Their AI Partnership? Positive Sentiment: Strong spending by hyperscalers, demand for AI data-center capacity, and NVIDIA-backed projects such as Firmus’ $2 billion fundraising in Australia and Asia-Pacific supported the view that AI infrastructure investment remains robust. Firmus nearly doubles valuation to over $10.5 billion Positive Sentiment: Analyst and market commentary highlighted NVIDIA’s leadership in sovereign AI, with one report estimating a 92% share, while investors continued to describe the company as evolving from a GPU supplier into a broader AI infrastructure platform. What’s Going On With NVIDIA Stock Friday? Positive Sentiment: Recent commentary pointed to accelerating AI demand, strong cash flow and valuation support, with the median analyst price target reported at $308.50 versus recent trading levels. Should You Buy NVIDIA Stock After Its 11% Rally in a Month? Neutral Sentiment: NVIDIA’s rally has lifted the stock roughly 12% over five sessions, increasing focus on the upcoming earnings report. Analysts remain constructive, but some traders are pausing because near-term catalysts may be limited after the sharp advance. Two reasons why Nvidia’s stock saw its biggest weekly surge Negative Sentiment: AMD’s acquisition of AI-inference chip startup Taalas could strengthen its competitive position and create a longer-term challenge to NVIDIA, although initial investor commentary suggested the deal does not immediately close NVIDIA’s AI gap. AMD Is Buying Its Way Deeper Into AI Inference Negative Sentiment: QuiverQuant data showed 45 NVIDIA insider sales and no insider purchases during the past six months, a potential caution signal as the stock trades near its highs. NVIDIA Stock Opinions on AI Market Position NVIDIA Trading Up 2.3% Shares of NVIDIA stock opened at $223.96 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. NVIDIA Corporation has a 1 year low of $164.07 and a 1 year high of $236.54. The firm has a market cap of $5.42 trillion, a PE ratio of 34.30, a PEG ratio of 0.44 and a beta of 2.23. The company has a 50 day simple moving average of $205.66 and a two-hundred day simple moving average of $197.19.
NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. The firm had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business’s revenue for the quarter was up 85.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.81 EPS. Analysts expect that NVIDIA Corporation will post 8.79 earnings per share for the current fiscal year.
NVIDIA Increases Dividend The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were paid a $0.25 dividend. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Thursday, June 4th. NVIDIA’s payout ratio is currently 15.31%.
NVIDIA announced that its Board of Directors has initiated a stock buyback program on Wednesday, May 20th that permits the company to repurchase $80.00 billion in shares. This repurchase authorization permits the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its shares are undervalued.
Insider Activity at NVIDIA In other news, Director Mark A. Stevens sold 885,000 shares of the company’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the transaction, the director directly owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Stephen C. Neal sold 15,500 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the transaction, the director owned 116,135 shares of the company’s stock, valued at $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,901,125 shares of company stock valued at $410,583,015 over the last 90 days. 3.94% of the stock is owned by insiders.
NVIDIA Profile (Free Report)
NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.
The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.
See Also Five stocks we like better than NVIDIA Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).
Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.
Mark Cuban varuje, že Nvidia v AI boomu funguje jako „IPO stroj“ a financuje řadu firem v tomto sektoru. Riziko je největší u specializovaných cloudových operátorů závislých na externím kapitálu.
Mark Cuban recently raised concerns about how the artificial intelligence (AI) boom is being financed. In a July 28 post on X, he described Nvidia (NVDA +2.27%) as the sector's IPO, "funding everyone and anyone."
Cuban was not suggesting that Nvidia literally takes companies public. He was comparing Nvidia's role with the dot-com boom, when IPOs gave young internet companies money to expand. Nvidia is now investing in AI model developers and cloud operators, as well as other companies supporting the wider AI market.
Image source: Getty Images.
Nvidia's financing role is becoming significant Nvidia exited the first quarter of fiscal 2027 (ending April 26, 2026) with $42.3 billion of private investments and another $27 billion of contingent investment commitments. Nvidia's wider investment portfolio includes model developers OpenAI and Anthropic, cloud operators CoreWeave (CRWV +6.26%) and Nebius Group (NBIS -1.01%), and technology suppliers such as Intel, Synopsys, Nokia, and Coherent.
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Some of these investment deals could benefit Nvidia twice. Nvidia's investment may rise in value, while the company receiving the money may buy more Nvidia technology. But that link is not automatic. Several investments are also supporting suppliers and technology partners, not just customers. Therefore, its investment portfolio alone does not show that Nvidia is creating its own sales.
Impact on AI stocks Cuban's warning is not a blanket argument against AI stocks. Large cloud providers and profitable AI chip and networking players can fund much of their spending from existing operations. A slowdown in data center construction could reduce their free cash flow, orders, or valuations, but it would not immediately threaten their ability to operate.
The warning matters most for companies that need regular outside funding to keep expanding. Specialized cloud operators face greater risk.
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CoreWeave generated nearly $2.1 billion in revenue but spent $6.8 billion on capital expenditures in the first quarter of 2026 (ending March 31, 2026). Nebius shows a similar gap, with $399 million in revenue and nearly $2.5 billion in capital expenditures in the first quarter.
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Demand is not necessarily the problem. CoreWeave exited the first quarter with a $99.4 billion revenue backlog, while Nebius had nearly $4.8 billion of deferred revenue. The challenge is funding the GPUs and data centers needed to deliver that future revenue before much of the cash comes in.
Iren (IREN +8.70%) is also a close Nvidia partner, but Nvidia has not yet made the full agreed-upon $2.1 billion investment. Instead, Nvidia has the right to purchase up to 30 million Iren shares at $70 each, subject to certain conditions.
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Iren faces a similar timing issue at an earlier stage. The company generated $144.8 million of revenue in the third quarter of fiscal 2026 (ending March 31, 2026). But the company spent about $1.36 billion on computer hardware, property, and equipment.
Hence, Nvidia's stake in these companies is only part of the story. The bigger issue is whether they can eventually fund expansion with cash from their own businesses. Companies that still depend on external financing could face slower growth if funding becomes harder to obtain.
ExxonMobil ve 2. čtvrtletí vyplatil akcionářům 9,4 miliardy USD a volný peněžní tok 17,2 miliardy USD tuto částku téměř dvojnásobně kryl. Za pololetí ale krytí zůstalo těsné: 19,9 miliardy USD proti 18,6 miliardy USD.
ExxonMobil (XOM -1.16%) handed its shareholders $9.4 billion during the second quarter -- $4.3 billion of dividends and $5.1 billion of share repurchases. For an income-focused investor, the more important number is what the oil giant produced to pay for it all.
The second quarter produced plenty. Exxon earned $14.5 billion -- $3.48 per share, or $3.52 on an adjusted basis -- and cash flow from operations came to $23.6 billion. And free cash flow (what's left after capital spending) was $17.2 billion, covering the quarter's distributions nearly twice over.
Zoom out to the full first half, though, and the coverage looks much tighter. The difference matters for anyone counting on the pace to continue.
Image source: Getty Images.
A payout covered nearly twice over Second-quarter earnings of $14.5 billion nearly matched the $14.8 billion Exxon earned in all of last year's first half. The company said Permian output topped 1.8 million oil-equivalent barrels per day during the quarter, a record, and first-half earnings of $18.7 billion were up about 26% year over year.
The distributions that cash supported are enormous in absolute terms. The $4.3 billion quarterly dividend outlay reflects a payout of $1.03 per share, and the company has already declared the same $1.03 for the third quarter, payable Sept. 10. At Friday's closing price of about $153, the annualized $4.12 payout gives the dividend stock a 2.7% yield.
The buybacks are the bigger line item. Exxon bought back $5.1 billion of its shares in the second quarter, following $4.9 billion in the first. That keeps it on pace, as management put it in its first-quarter release, "with plans to repurchase $20 billion of shares in 2026, assuming reasonable market conditions."
Add roughly $17 billion of annualized dividends to a $20 billion buyback program, and Exxon's shareholder-return commitment runs near $37 billion a year.
The half-year math Covering that pace takes more than one good quarter, and the first half shows why. Exxon generated $19.9 billion of free cash flow over the six months while distributing $18.6 billion. The payout was covered, but with only about $1.3 billion to spare.
The reason is the first quarter. Exxon reported net income of $4.2 billion for the period ($8.8 billion excluding identified items and timing effects), and free cash flow of just $2.7 billion -- less than a third of the $9.2 billion it distributed in those three months.
The company leaned on its balance sheet to hold the pace, which is exactly what the balance sheet is for. Its debt-to-capital ratio stood at 15.4% at the end of that quarter, a level the company describes as industry-leading.
So free cash flow swinging from a first-quarter $2.7 billion to a second-quarter $17.2 billion is really how commodity businesses fund steady payouts out of unsteady earnings. The dividend and the annual buyback plan don't move with the quarter. The cash that pays for them does. And quarters like the first one can happen again -- when crude prices soften, or when derivative margin postings tie up cash the way they did then.
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Can the pace hold? Two things work in Exxon's favor. The first is costs. The company says it has achieved $16.3 billion of cumulative structural cost savings since 2019 (more, it says, than BP, Chevron, Shell, and TotalEnergies combined), including $1.2 billion added in the first six months of 2026.
None of that has come at the expense of investment, either. Exxon spent about $13 billion on capital projects in the first half.
The second is growth in low-cost barrels. Beyond the record Permian output, Exxon plans to start production at its fifth Guyana development in the fourth quarter, adding 250,000 barrels per day of capacity. Cheaper barrels should mean the payout stays covered at lower commodity prices. To me, that's what a dividend investor here should care about most, since it's the weak quarters that put a payout at risk.
At about 20 times earnings, the stock arguably isn't priced for a boom either -- though with an oil major, that ratio has as much to do with where crude prices sit as with the company itself.
The second quarter showed what full coverage looks like: $17.2 billion of free cash flow against $9.4 billion handed out. The first quarter showed the opposite, and the half-year ledger nets out to coverage with little margin. The payout commitments are enormous. For now, the cash is showing up.
Assenagon Asset Management S.A. lowered its holdings in shares of Phillips 66 (NYSE:PSX – Free Report) by 16.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 231,785 shares of the oil and gas company’s stock after selling 46,874 shares during the period. Assenagon Asset Management S.A. owned approximately 0.06% of Phillips 66 worth $39,183,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. MUFG Securities EMEA plc raised its position in shares of Phillips 66 by 113.5% in the 4th quarter. MUFG Securities EMEA plc now owns 16,518 shares of the oil and gas company’s stock worth $2,131,000 after purchasing an additional 8,783 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Phillips 66 by 17.0% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,371,804 shares of the oil and gas company’s stock worth $177,018,000 after purchasing an additional 199,646 shares in the last quarter. Horizon Investments LLC grew its position in Phillips 66 by 478.4% during the 4th quarter. Horizon Investments LLC now owns 63,290 shares of the oil and gas company’s stock valued at $8,167,000 after purchasing an additional 52,348 shares during the last quarter. LBP AM SA increased its stake in Phillips 66 by 237.8% during the 4th quarter. LBP AM SA now owns 56,380 shares of the oil and gas company’s stock valued at $7,275,000 after purchasing an additional 39,690 shares in the last quarter. Finally, Truist Financial Corp increased its stake in Phillips 66 by 1.6% during the 4th quarter. Truist Financial Corp now owns 675,084 shares of the oil and gas company’s stock valued at $87,113,000 after purchasing an additional 10,585 shares in the last quarter. Hedge funds and other institutional investors own 76.93% of the company’s stock.
Insiders Place Their Bets In other Phillips 66 news, EVP Vanessa Allen Sutherland sold 3,523 shares of the stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $211.05, for a total value of $743,529.15. Following the transaction, the executive vice president owned 27,537 shares of the company’s stock, valued at approximately $5,811,683.85. This represents a 11.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kevin J. Mitchell sold 11,021 shares of the firm’s stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $190.03, for a total value of $2,094,320.63. Following the completion of the transaction, the chief financial officer directly owned 97,376 shares in the company, valued at $18,504,361.28. The trade was a 10.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 15,707 shares of company stock worth $3,059,584. Company insiders own 0.40% of the company’s stock.
Analyst Upgrades and Downgrades PSX has been the topic of several analyst reports. BMO Capital Markets upped their target price on shares of Phillips 66 from $195.00 to $215.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Mizuho upgraded shares of Phillips 66 from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $170.00 to $212.00 in a report on Wednesday, May 27th. TD Cowen upped their price objective on Phillips 66 from $240.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday. UBS Group increased their target price on Phillips 66 from $212.00 to $235.00 and gave the company a “buy” rating in a research note on Monday, July 27th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Phillips 66 in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Phillips 66 currently has an average rating of “Moderate Buy” and a consensus target price of $206.50.
Get Our Latest Stock Analysis on PSX
Phillips 66 Stock Down 0.7% PSX opened at $204.05 on Friday. The stock has a market capitalization of $81.42 billion, a price-to-earnings ratio of 11.63, a PEG ratio of 0.16 and a beta of 0.68. The firm has a 50 day moving average price of $188.40 and a 200-day moving average price of $172.95. Phillips 66 has a twelve month low of $118.07 and a twelve month high of $216.08. The company has a quick ratio of 0.85, a current ratio of 1.32 and a debt-to-equity ratio of 0.57.
Phillips 66 (NYSE:PSX – Get Free Report) last issued its earnings results on Wednesday, August 5th. The oil and gas company reported $9.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.50 by $1.91. Phillips 66 had a net margin of 4.54% and a return on equity of 19.93%. The company had revenue of $52.04 billion for the quarter, compared to analysts’ expectations of $43.60 billion. During the same quarter last year, the company posted $2.38 earnings per share. Equities research analysts forecast that Phillips 66 will post 23.01 earnings per share for the current year.
Phillips 66 announced that its Board of Directors has initiated a stock repurchase plan on Friday, July 31st that allows the company to buyback $10.00 billion in shares. This buyback authorization allows the oil and gas company to purchase up to 11.8% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its stock is undervalued.
Phillips 66 Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 18th will be paid a $1.27 dividend. This represents a $5.08 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, August 18th. Phillips 66’s dividend payout ratio (DPR) is 28.95%.
Phillips 66 News Roundup Here are the key news stories impacting Phillips 66 this week:
Positive Sentiment: Record earnings and broad-based operating improvement: Second-quarter adjusted earnings reached approximately $3.8 billion, with net profit rising sharply as refining margins more than doubled. Refining, midstream, chemicals and marketing all contributed, while stronger execution helped the company exceed earnings expectations. Phillips 66 Profit Jumps as Refining Margins More Than Double Positive Sentiment: Favorable refining outlook: Management said tight product supply and limited refining capacity could keep margins strong through 2027, extending the period of elevated profitability. Phillips 66 sees strong refining margins continuing through 2027 Positive Sentiment: Balance-sheet and shareholder-return catalysts: Debt reduction, midstream growth and potential for enhanced capital returns are improving the investment case. TD Cowen maintained a Buy rating and raised its price target to $255 from $240, citing stronger fundamentals and a healthier balance sheet. TD Cowen raises Phillips 66 price target Neutral Sentiment: Analyst sentiment is positive but not unanimous: Brokerages collectively rate PSX a “Moderate Buy,” while a fair-value estimate increased to $207.53. However, Bank of America reiterated a Hold rating with a $213 target, indicating some analysts view much of the upside as already reflected. Phillips 66 receives Moderate Buy recommendation Negative Sentiment: Cyclical and valuation risks remain: The stock is near its 12-month high after a substantial rally, leaving investors concerned that refining margins may normalize and that current earnings could represent a peak. That caution may be limiting further gains despite the upbeat results. About Phillips 66 (Free Report)
Phillips 66 (NYSE: PSX) is an independent energy manufacturing and logistics company engaged primarily in refining, midstream transportation, marketing and chemicals. The company processes crude oil into transportation fuels, lubricants and other petroleum products, operates pipeline and storage infrastructure, and participates in petrochemical production through strategic investments. Phillips 66 serves commercial, industrial and retail customers and positions its operations across the value chain of the downstream energy sector.
The company’s principal activities include refining crude oil into gasoline, diesel, jet fuel and feedstocks for petrochemical production; operating midstream assets such as pipelines, terminals and fractionators that move and store crude oil and natural gas liquids; and marketing and distributing fuels and lubricants through wholesale and retail channels.
Recommended Stories Five stocks we like better than Phillips 66 Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Want to see what other hedge funds are holding PSX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Phillips 66 (NYSE:PSX – Free Report).
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SK Hynix a Samsung naznačují Micronu: růst cen paměťových čipů za poslední tři měsíce zaostal za očekáváním. To může znamenat slabší marže i zisky Micronu.
Micron (MU -0.44%), SK Hynix (SKHY -3.92%), and Samsung (SSNLF +0.00%) are some of the highest-flying stocks in the market this year. Their tremendous earnings results have been driven by a massive shortage in memory chips, a market dominated by the three companies. As AI hyperscalers buy up as many chips as possible, memory prices have gone through the roof.
Recent earnings results from SK Hynix and Samsung contain a major warning for Micron investors that could affect not just this quarter's results, but results well into the future. It could have a huge effect on the price investors should be willing to pay for the stock today.
Image source: Micron.
What did SK Hynix and Samsung report? The all-important driver of earnings for the three memory chip stocks over the last year has been pricing. The chipmakers renegotiate pricing for their chips frequently based on supply and demand. It takes years for a new manufacturing plant to start producing chips at scale, which means a spike in demand can send chip prices significantly higher. Once additional supply enters the market or demand falls, prices fall, and with higher operating costs, profits fall even more.
That's the cyclical nature of the memory chip market, but the market understands it well. It's why investors are paying single-digit earnings multiples for the chipmakers today. They expect the earnings cycle to approach its peak in the near future.
What's worrisome in SK Hynix's and Samsung's earnings releases is that peak earnings might be lower than anticipated. That's evidenced by weakness in pricing relative to expectations for both companies over the last three months.
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To be sure, SK Hynix still increased DRAM pricing by about 30% sequentially, and Samsung increased DRAM chip pricing by more than 40%. NAND pricing climbed even faster, mid-50% for SK Hynix and high-60% for Samsung.
Still, analysts were expecting better. Goldman Sachs analysts said they were looking for 39% growth for SK Hynix's DRAM chips. The analysts now expect just 19% price improvements for the current quarter. Morningstar's analysts were disappointed by Samsung's pricing, which fell short of their 48% estimate.
The results suggest Micron could also fall short of expectations for its DRAM pricing when it reports its quarterly earnings next month. Still, it's important to look into what might have caused the shortfall and what it means for each company's stock price.
What's weighing on memory chipmakers? Samsung and SK Hynix's lower-than-expected pricing indicates that AI demand may be slowing. That's exacerbated by SK Hynix's report showing slower-than-expected HBM4 shipments last quarter. Management assured investors that it was ramping HBM4 production in the second half of the year, which would positively affect overall pricing.
Perhaps the biggest weight on pricing is the long-term agreements the chipmakers are signing with customers. These agreements lock in pricing for customers for years in advance, leading to lower peak pricing, but they also protect against downside risk. It's a hedge against demand drying up and gives the chipmakers the confidence to build out new manufacturing capacity.
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The effect is already showing up, with pricing climbing more slowly than anticipated. Micron said it had covered 20% of its DRAM sales and about one-third of its NAND sales with long-term agreements as of last quarter. Those numbers could continue to climb, but they could also weigh on pricing and earnings.
As such, peak pricing is likely to fall short of analysts' prior expectations. While Micron and its competitors could fetch a slightly higher earnings multiple than in past earnings cycles due to long-term pricing stability, the earnings they'll be multiplying by will be lower. What's more, the potential long-term downside to earnings remains, as long-term agreements could simply pull demand forward, ultimately leading to a prolonged slide in earnings.
Gen Digital má od devíti sledovaných analytiků průměrné doporučení Hold a cílovou cenu 31,6667 USD. Ve čtvrtletí překonal odhady, když vykázal EPS 0,71 USD při tržbách 1,34 miliardy USD.
Shares of Gen Digital Inc. (NASDAQ:GEN – Get Free Report) have received an average rating of “Hold” from the nine research firms that are presently covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $31.6667.
A number of research firms have commented on GEN. Barclays upped their target price on shares of Gen Digital from $27.00 to $32.00 and gave the company an “equal weight” rating in a research report on Friday. Jefferies Financial Group downgraded shares of Gen Digital from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Royal Bank Of Canada upped their price objective on shares of Gen Digital from $27.00 to $30.00 and gave the stock a “sector perform” rating in a report on Friday. Argus raised shares of Gen Digital to a “strong-buy” rating in a research report on Friday, May 22nd. Finally, Wells Fargo & Company increased their price objective on shares of Gen Digital from $22.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Friday.
Read Our Latest Report on Gen Digital
Gen Digital Price Performance NASDAQ:GEN opened at $29.17 on Thursday. Gen Digital has a 52 week low of $17.78 and a 52 week high of $32.22. The stock’s fifty day moving average is $25.96 and its two-hundred day moving average is $23.33. The company has a market capitalization of $17.46 billion, a P/E ratio of 16.96 and a beta of 1.21. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 3.07.
Gen Digital (NASDAQ:GEN – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.02. The business had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Gen Digital had a return on equity of 57.01% and a net margin of 20.73%.The company’s revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.64 EPS. Gen Digital has set its FY 2027 guidance at 2.870-2.970 EPS and its Q2 2027 guidance at 0.710-0.730 EPS. Equities analysts expect that Gen Digital will post 2.61 EPS for the current year.
Gen Digital Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Monday, August 17th will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Monday, August 17th. Gen Digital’s dividend payout ratio is 31.65%.
Insider Buying and Selling at Gen Digital In other news, Director Ondrej Vlcek sold 100,000 shares of the firm’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $24.78, for a total transaction of $2,478,000.00. Following the completion of the transaction, the director directly owned 3,832,724 shares in the company, valued at $94,974,900.72. This trade represents a 2.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John C. Chrystal acquired 3,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was purchased at an average price of $27.06 per share, for a total transaction of $81,180.00. Following the acquisition, the director directly owned 31,419 shares in the company, valued at approximately $850,198.14. This trade represents a 10.56% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 9.70% of the company’s stock.
Institutional Trading of Gen Digital Institutional investors and hedge funds have recently bought and sold shares of the business. Wealthfront Advisers LLC acquired a new stake in shares of Gen Digital during the second quarter worth about $965,000. Foster & Motley Inc. acquired a new position in shares of Gen Digital in the second quarter valued at approximately $1,204,000. Meeder Advisory Services Inc. acquired a new position in shares of Gen Digital in the second quarter valued at approximately $584,000. Dunhill Financial LLC acquired a new position in shares of Gen Digital in the second quarter valued at approximately $50,000. Finally, Deutsche Bank AG purchased a new stake in Gen Digital during the 2nd quarter worth approximately $146,639,000. 81.38% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Gen Digital Here are the key news stories impacting Gen Digital this week:
Positive Sentiment: Quarterly results exceeded expectations. Gen Digital reported fiscal Q1 2027 adjusted EPS of $0.71, versus the $0.69 consensus estimate, while revenue increased 6.3% year over year to $1.34 billion, topping expectations of $1.31 billion. EPS also improved from $0.64 a year earlier. Gen Digital quarterly earnings report Positive Sentiment: Management raised fiscal 2027 targets. Gen Digital now expects full-year EPS of $2.87 to $2.97 and revenue of $5.4 billion to $5.5 billion, above analyst consensus of $2.83 EPS and approximately $5.4 billion in revenue. Second-quarter EPS guidance of $0.71 to $0.73 also exceeds the $0.70 consensus estimate. Reuters report on Gen Digital’s raised forecast Positive Sentiment: Cybersecurity demand remains supportive. The company cited strong demand for its family of digital-security products, double-digit bookings growth and increasing online threats powered by artificial intelligence. These trends support recurring revenue and Gen Digital’s growth outlook. Gen Digital fiscal Q1 2027 results release Positive Sentiment: Barclays raised its price target from $27 to $32 while maintaining an Equal Weight rating, suggesting additional potential upside based on the firm’s updated valuation. Benzinga analyst update Neutral Sentiment: Gen Digital declared a quarterly dividend of $0.125 per share. Investors of record on August 17 will receive payment on September 9. The dividend provides ongoing shareholder income, although the 1.7% yield is unlikely to be the primary catalyst for the stock. Negative Sentiment: Wells Fargo raised its price target from $22 to $28 but retained an Equal Weight rating. The new target remains below the stock’s current trading level, signaling valuation caution despite the improved earnings outlook. Benzinga analyst update Gen Digital Company Profile (Get Free Report)
Gen Digital (NASDAQ: GEN) is a global cybersecurity company specializing in consumer- and small-business-focused security, privacy, and identity protection solutions. The company offers a suite of products designed to safeguard devices, networks, and personal information against malware, ransomware, phishing attacks and other digital threats. With a focus on user-friendly interfaces and cross-platform compatibility, Gen Digital develops antivirus software, VPN services, parental controls, password management tools, and comprehensive identity-theft monitoring services.
Gen Digital traces its origins to the consumer software division of Symantec Corporation, which was spun off in late 2019 under the NortonLifeLock name.
Further Reading Five stocks we like better than Gen Digital Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish
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Akcie QuidelOrtho po otevření trhu prudce klesly poté, co společnost snížila celoroční výhled na EPS 0,65–0,90 a tržby na 2,5–2,6 miliardy USD. Čtvrtletní upravený zisk na akcii 0,13 USD i tržby 630,9 milionu USD ale překonaly odhady.
QuidelOrtho Corporation (NASDAQ:QDEL – Get Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $16.32, but opened at $12.67. QuidelOrtho shares last traded at $11.9830, with a volume of 631,070 shares trading hands.
Key Stories Impacting QuidelOrtho Here are the key news stories impacting QuidelOrtho this week:
Positive Sentiment: QuidelOrtho reported second-quarter adjusted earnings of $0.13 per share, compared with analysts’ expected loss of approximately $0.05 per share and $0.12 per share a year earlier. Revenue of $630.9 million also exceeded the roughly $618.7 million consensus estimate. QuidelOrtho Surpasses Q2 Earnings and Revenue Estimates Positive Sentiment: Quarterly revenue increased approximately 3% year over year, driven primarily by growth in the Labs and Point-of-Care businesses. Excluding China, revenue growth was stronger at 6%, suggesting underlying demand was healthier outside the Chinese market. QuidelOrtho Reports Second Quarter 2026 Financial Results Neutral Sentiment: Management’s earnings-call discussion focused on operating performance across its diagnostics portfolio and the updated outlook for the remainder of 2026. Investors are likely to scrutinize whether Labs and Point-of-Care growth can offset weaker conditions in China and support a sustained recovery. QuidelOrtho Q2 2026 Earnings Call Transcript Negative Sentiment: QuidelOrtho lowered its full-year 2026 guidance to $0.65–$0.90 in EPS and $2.5–$2.6 billion in revenue. Those ranges are substantially below analyst expectations of about $1.85–$1.87 EPS and $2.7 billion in revenue, signaling weaker profitability and sales than previously anticipated. QuidelOrtho Second Quarter Results Wall Street Analyst Weigh In A number of analysts have issued reports on the company. Zacks Research raised QuidelOrtho from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. Citigroup increased their target price on QuidelOrtho from $13.00 to $18.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. JPMorgan Chase & Co. raised their target price on shares of QuidelOrtho from $11.00 to $12.00 and gave the company an “underweight” rating in a report on Wednesday, July 1st. UBS Group restated a “neutral” rating and issued a $12.00 price target on shares of QuidelOrtho in a research report on Thursday, May 7th. Finally, Wall Street Zen raised shares of QuidelOrtho from a “sell” rating to a “hold” rating in a research note on Sunday, June 28th. Four equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $13.62.
Check Out Our Latest Report on QDEL
QuidelOrtho Trading Down 24.8% The stock has a market cap of $837.37 million, a PE ratio of -0.80 and a beta of 0.68. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.80 and a current ratio of 1.43. The stock has a fifty day moving average price of $15.75 and a 200 day moving average price of $17.55.
QuidelOrtho (NASDAQ:QDEL – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.18. The company had revenue of $630.90 million for the quarter, compared to analyst estimates of $618.72 million. QuidelOrtho had a positive return on equity of 4.78% and a negative net margin of 39.20%.QuidelOrtho’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.12 EPS. QuidelOrtho has set its FY 2026 guidance at 0.650-0.900 EPS. Equities analysts expect that QuidelOrtho Corporation will post 0.77 EPS for the current year.
Hedge Funds Weigh In On QuidelOrtho Large investors have recently made changes to their positions in the company. Hantz Financial Services Inc. raised its position in QuidelOrtho by 50.3% in the 4th quarter. Hantz Financial Services Inc. now owns 1,082 shares of the company’s stock worth $31,000 after purchasing an additional 362 shares during the period. ProShare Advisors LLC lifted its stake in QuidelOrtho by 3.0% in the fourth quarter. ProShare Advisors LLC now owns 13,164 shares of the company’s stock worth $376,000 after purchasing an additional 388 shares during the last quarter. State of Alaska Department of Revenue boosted its position in shares of QuidelOrtho by 1.1% during the fourth quarter. State of Alaska Department of Revenue now owns 38,333 shares of the company’s stock valued at $1,093,000 after buying an additional 424 shares during the period. California State Teachers Retirement System boosted its position in shares of QuidelOrtho by 1.2% during the second quarter. California State Teachers Retirement System now owns 62,188 shares of the company’s stock valued at $1,792,000 after buying an additional 725 shares during the period. Finally, Moody National Bank Trust Division grew its position in QuidelOrtho by 1.1% in the 2nd quarter. Moody National Bank Trust Division now owns 70,748 shares of the company’s stock valued at $1,239,000 after acquiring an additional 789 shares during the last quarter. 99.00% of the stock is owned by hedge funds and other institutional investors.
About QuidelOrtho (Get Free Report)
QuidelOrtho is a global diagnostics company formed through the merger of Quidel Corporation and Ortho Clinical Diagnostics. The combined entity develops, manufactures and markets a broad portfolio of rapid and high-throughput diagnostic solutions across immunoassay, molecular diagnostics and transfusion medicine. Its offerings span point-of-care platforms for acute care testing as well as large-scale automated systems designed for clinical laboratories and blood banks.
The company’s product range includes rapid antigen and antibody tests for infectious diseases, molecular assays utilizing nucleic acid amplification technology, and integrated immunodiagnostic analyzers.
Further Reading Five stocks we like better than QuidelOrtho Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Receive News & Ratings for QuidelOrtho Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QuidelOrtho and related companies with MarketBeat.com's FREE daily email newsletter.
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Ensign Energy Services ve 2. čtvrtletí zvýšila tržby o 7 % na C$397,3 milionu a upravenou EBITDA o 6 % na C$85,8 milionu. Firma zároveň snižuje zadlužení a chystá dokončení akvizice Citadel Drilling.
Ensign Energy Services TSE: ESI reported higher second-quarter revenue and adjusted EBITDA as operating activity increased across Canada, the United States and international markets, while the company continued to reduce debt and prepared to close its acquisition of Citadel Drilling Ltd.
Revenue for the second quarter of 2026 rose 7% year over year to C$397.3 million. Adjusted EBITDA increased 6% to C$85.8 million, compared with C$81.4 million in the prior-year quarter. For the first six months of 2026, revenue increased 1% to C$815.4 million, while adjusted EBITDA declined 2% to C$180.7 million.
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CFO Trevor Russell said the quarterly EBITDA improvement primarily reflected higher operating activity, partly offset by the foreign-exchange impact of translating U.S.-dollar-denominated revenue. Operating days increased 7% in Canada to 2,667, 5% in the U.S. to 3,088 and 15% internationally to 1,246.
Debt Reduction and Capital Spending Ensign repaid C$30 million of debt during the quarter and C$37.37 million during the first six months of the year. Interest expense fell 13% year over year to C$16.1 million, which Russell attributed to lower debt, lower effective interest rates and foreign-exchange translation effects.
The company revised its 2026 debt-reduction target to net C$60 million from a previously announced C$125 million target. Russell said the revision reflects the planned Citadel acquisition and increased capital investment. He said Ensign expects liquidity to be in the low C$90 million range at the end of 2026 after the acquisition closes.
Net purchases of property and equipment totaled C$58.1 million in the quarter, including C$25.4 million in upgrade capital and C$41.4 million in maintenance capital, offset by C$8.7 million in asset-disposition proceeds. Ensign maintained its 2026 maintenance capital expenditure outlook at about C$162 million and projected selective upgrade spending of approximately C$95.8 million, including C$68.6 million that is customer funded.
Citadel Deal Expands Permian Presence President and COO Bob Geddes said the Citadel Drilling acquisition was expected to close the following week and would add six active 2,000-horsepower rigs to Ensign’s Permian fleet. He said the rigs were fully utilized but declined to provide further financial details prior to closing.
Geddes said the acquisition would increase Ensign’s presence in the Permian Basin to roughly 11%, from approximately 7% to 8% currently. The company had 41 rigs under contract in the U.S. at the time of the call, excluding the Citadel fleet, and expected to add approximately one rig per month through year-end. Including Citadel’s rigs, management indicated Ensign expected to add four additional U.S. rigs by year-end.
In the company’s U.S. operations, Ensign had five high-specification ADR rigs under contract in California, eight active rigs in the Rockies and 27 active rigs in its U.S. Southern division. Geddes said the Permian remained the company’s most active market, with demand supporting expectations for four to five additional rigs to begin work by year-end. Nearly half of the company’s U.S. rigs were operating under performance-based contracts, he said.
Canadian Activity, Pricing and International Operations Ensign had 51 rigs active in the Western Canadian Basin, up 17% from a year earlier. Geddes said all five rigs that underwent five-year recertifications during breakup had returned to work. Management expects to add several Canadian rigs by year-end and said some operators are seeking to secure high-specification ADR rigs into spring 2027 and beyond.
Geddes said Ensign was raising rates by C$1,000 per day per quarter as contracts move into the second half of 2026 and into 2027. More broadly, he said the company expects rates on contract renewals to rise roughly 5% to 10% amid tightening supplies of high-specification rigs, rising contractor costs and longer lead times for new equipment.
Internationally, Ensign’s fleet reached 27 rigs following the transfer of a high-specification ADR 1500 rig to Venezuela and commissioning of a fifth ADR rig in Oman. The company’s two rigs in Kuwait and two rigs in Bahrain were shut down amid the Middle East conflict, while all five Oman rigs remained active. Ensign expects one Bahrain rig to be recontracted before year-end and has submitted bids for its two Kuwait rigs, though potential Kuwait work would not begin until mid-2027.
Ensign had four rigs operating in Australia, with a fifth expected to start within 30 days. Its two ADR 2000 rigs in Argentina remained contracted into 2027. In Venezuela, Ensign had three rigs in the country and signed a contract for a fourth rig expected to arrive in early 2027. Geddes said all of the Venezuela rigs are under three-year contracts.
Contract Backlog and Automation Geddes said Ensign’s forward guaranteed contract book expanded 25%, bringing its long-term contracted revenue runway to C$1.4 billion. He said oilfield-service conditions remained supported by limited excess high-specification rig capacity, although producers continued to focus on cash flow and maintaining production.
The company’s Edge drilling-rig control platform was installed on 65% of Ensign’s rigs globally. Geddes said Ensign sees an opportunity to grow the automation business’s revenue and profit by 15% annually. Its directional drilling, trucking, rentals and managed-pressure-drilling businesses continued to generate steady revenue and margins with little or no capital required, he added.
About Ensign Energy Services (TSE:ESI)Ensign is a global leader in oilfield services, headquartered out of Calgary, Alberta, operating in Canada, the United States and internationally. We are one of the world's top land-based drilling and well servicing contractors serving crude oil, natural gas, and geothermal operators. Our premium services include contract drilling, directional drilling, underbalanced and managed pressure drilling, rental equipment and well servicing. Please visit our website at www.ensignenergy.com.
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Post Holdings klesl na nové 52týdenní minimum 78,95 USD a uzavřel na 81,7820 USD. Přestože zisk na akcii 1,78 USD překonal odhad, tržby přibližně 1,95 miliardy USD zaostaly za konsensem a byly meziročně nižší o 1,8 %.
Shares of Post Holdings, Inc. (NYSE:POST – Get Free Report) reached a new 52-week low on Friday . The company traded as low as $78.95 and last traded at $81.7820, with a volume of 404205 shares. The stock had previously closed at $90.23.
Post News Summary Here are the key news stories impacting Post this week:
Positive Sentiment: Post reported third-quarter adjusted earnings of $1.78 per share, exceeding the $1.70 consensus estimate. Operating profit was $189.3 million, while adjusted EBITDA reached $377.3 million. Post Holdings Q3 earnings beat estimates Positive Sentiment: Management narrowed its fiscal 2026 adjusted EBITDA outlook to $1.56 billion-$1.57 billion and provided preliminary commentary for fiscal 2027, offering investors some visibility into future performance. Post Holdings fiscal 2026 results and outlook Neutral Sentiment: The earnings call highlighted foodservice strength, but investors are weighing that performance against softness elsewhere in the portfolio and the company’s broader operating challenges. Post Holdings Q3 earnings call transcript Negative Sentiment: Third-quarter revenue was approximately $1.9 billion, below the $2.02 billion consensus estimate and down 1.8% year over year. Earnings also declined from $2.03 per share in the prior-year period, indicating that the EPS beat did not reflect broad-based growth. Post Holdings Q3 earnings and sales review Negative Sentiment: Weaker volumes and higher costs are pressuring margins, leaving investors concerned about demand trends and profitability. The combination of a revenue miss, lower year-over-year EPS and operating-cost pressure explains why Post Holdings (POST) moved lower despite beating earnings expectations. Wall Street Analyst Weigh In A number of equities research analysts have weighed in on the company. Wall Street Zen cut Post from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Wells Fargo & Company reduced their price target on Post from $110.00 to $98.00 and set an “equal weight” rating for the company in a report on Wednesday, July 8th. BTIG Research began coverage on shares of Post in a research report on Monday, April 13th. They set a “neutral” rating on the stock. Barclays dropped their price target on Post from $119.00 to $106.00 and set an “overweight” rating for the company in a research report on Tuesday, July 21st. Finally, JPMorgan Chase & Co. cut their price objective on Post from $119.00 to $116.00 and set an “overweight” rating for the company in a research report on Monday, July 20th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Post presently has an average rating of “Moderate Buy” and a consensus target price of $115.71.
Check Out Our Latest Research Report on POST
Post Stock Down 12.8% The firm has a 50 day moving average price of $89.64 and a two-hundred day moving average price of $97.63. The company has a current ratio of 1.85, a quick ratio of 1.03 and a debt-to-equity ratio of 2.38. The firm has a market capitalization of $3.57 billion, a price-to-earnings ratio of 14.47 and a beta of 0.40.
Post (NYSE:POST – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.08. The firm had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $2.02 billion. Post had a return on equity of 12.85% and a net margin of 3.48%.During the same period in the prior year, the firm earned $2.03 EPS. The firm’s quarterly revenue was down 1.8% compared to the same quarter last year. On average, equities analysts expect that Post Holdings, Inc. will post 7.59 earnings per share for the current fiscal year.
Insider Buying and Selling at Post In related news, Director Gregory L. Curl sold 6,186 shares of Post stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $105.05, for a total value of $649,839.30. Following the completion of the sale, the director owned 15,107 shares in the company, valued at approximately $1,586,990.35. The trade was a 29.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 14.05% of the company’s stock.
Institutional Investors Weigh In On Post Institutional investors and hedge funds have recently made changes to their positions in the company. Larson Financial Group LLC raised its holdings in shares of Post by 62.8% during the fourth quarter. Larson Financial Group LLC now owns 267 shares of the company’s stock worth $26,000 after purchasing an additional 103 shares during the period. Argonautica Private Wealth Management Inc. lifted its holdings in Post by 4.4% in the fourth quarter. Argonautica Private Wealth Management Inc. now owns 2,603 shares of the company’s stock worth $258,000 after purchasing an additional 109 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Post by 119.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock worth $27,000 after acquiring an additional 135 shares during the period. Rockefeller Capital Management L.P. boosted its stake in Post by 7.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,056 shares of the company’s stock valued at $204,000 after purchasing an additional 143 shares in the last quarter. Finally, Venturi Wealth Management LLC boosted its stake in Post by 7.2% during the first quarter. Venturi Wealth Management LLC now owns 2,414 shares of the company’s stock valued at $239,000 after buying an additional 162 shares in the last quarter. 94.85% of the stock is owned by institutional investors and hedge funds.
About Post (Get Free Report)
Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.
The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.
Featured Stories Five stocks we like better than Post Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Receive News & Ratings for Post Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Post and related companies with MarketBeat.com's FREE daily email newsletter.
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Amundi lifted its holdings in Commercial Metals Company (NYSE:CMC – Free Report) by 118.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 20,443 shares of the basic materials company’s stock after purchasing an additional 11,065 shares during the quarter. Amundi’s holdings in Commercial Metals were worth $1,256,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the business. Global Retirement Partners LLC grew its stake in shares of Commercial Metals by 110.7% in the 4th quarter. Global Retirement Partners LLC now owns 573 shares of the basic materials company’s stock worth $40,000 after buying an additional 301 shares in the last quarter. V Square Quantitative Management LLC purchased a new stake in shares of Commercial Metals during the 4th quarter valued at about $54,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Commercial Metals by 617.2% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 832 shares of the basic materials company’s stock valued at $58,000 after acquiring an additional 716 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in Commercial Metals in the fourth quarter worth about $59,000. Finally, EverSource Wealth Advisors LLC grew its position in Commercial Metals by 105.0% in the first quarter. EverSource Wealth Advisors LLC now owns 1,222 shares of the basic materials company’s stock worth $75,000 after acquiring an additional 626 shares in the last quarter. Institutional investors own 86.90% of the company’s stock.
Insider Activity In other news, CEO Peter R. Matt purchased 8,230 shares of the stock in a transaction that occurred on Friday, July 10th. The stock was purchased at an average price of $61.30 per share, for a total transaction of $504,499.00. Following the completion of the acquisition, the chief executive officer owned 181,522 shares of the company’s stock, valued at approximately $11,127,298.60. This trade represents a 4.75% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.62% of the company’s stock.
Key Commercial Metals News Here are the key news stories impacting Commercial Metals this week:
Positive Sentiment: Share buyback supports the stock: Commercial Metals authorized a program to repurchase up to $600 million of its outstanding shares, representing as much as 7.5% of the company’s stock. The authorization signals management believes the shares are undervalued and could support earnings per share by reducing the share count. Commercial Metals to Repurchase $600 Million in Outstanding Shares Positive Sentiment: Zacks raises longer-term EPS estimates: Zacks Research increased its forecasts across several periods, including Q1 2027 EPS to $1.79 from $1.77, FY2027 EPS to $7.13 from $7.08, and FY2028 EPS to $7.32 from $7.27. Estimates for Q4 2027, Q1-Q3 2028 were also raised by $0.01 per share, suggesting slightly improved expectations for future profitability. Neutral Sentiment: Analyst target rises, but rating remains cautious: BMO Capital Markets lifted its price target for CMC from $77 to $80 while maintaining a “Market Perform” rating. The higher target offers moderate potential upside, but the unchanged rating indicates BMO does not expect substantial outperformance relative to the broader market. BMO Capital Markets Raises Commercial Metals Price Target Wall Street Analysts Forecast Growth A number of equities research analysts have issued reports on the company. The Goldman Sachs Group restated a “buy” rating and set a $85.00 price objective on shares of Commercial Metals in a research report on Thursday. BNP Paribas Exane upgraded Commercial Metals from a “neutral” rating to an “outperform” rating and set a $75.00 price target on the stock in a report on Wednesday, July 8th. Bank of America lowered their price target on Commercial Metals from $84.00 to $78.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. BMO Capital Markets lifted their price objective on shares of Commercial Metals from $77.00 to $80.00 and gave the stock a “market perform” rating in a research note on Thursday. Finally, Morgan Stanley increased their target price on shares of Commercial Metals from $83.00 to $88.00 and gave the company an “overweight” rating in a research note on Monday, June 22nd. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $81.18.
Read Our Latest Research Report on Commercial Metals
Commercial Metals Stock Performance CMC stock opened at $75.17 on Friday. The company has a quick ratio of 1.54, a current ratio of 2.33 and a debt-to-equity ratio of 0.73. The business’s fifty day simple moving average is $69.80 and its two-hundred day simple moving average is $70.32. Commercial Metals Company has a twelve month low of $52.74 and a twelve month high of $84.87. The firm has a market cap of $8.32 billion, a price-to-earnings ratio of 14.16, a PEG ratio of 0.43 and a beta of 1.52.
Commercial Metals (NYSE:CMC – Get Free Report) last issued its earnings results on Thursday, June 25th. The basic materials company reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.70 by $0.03. The firm had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.40 billion. Commercial Metals had a net margin of 6.72% and a return on equity of 15.69%. The business’s revenue was up 22.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.74 earnings per share. Analysts predict that Commercial Metals Company will post 6.64 earnings per share for the current year.
Commercial Metals announced that its board has authorized a stock repurchase plan on Wednesday, August 5th that permits the company to repurchase $600.00 million in shares. This repurchase authorization permits the basic materials company to repurchase up to 7.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.
Commercial Metals Announces Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, July 6th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, July 6th. Commercial Metals’s payout ratio is currently 15.07%.
Commercial Metals Profile (Free Report)
Commercial Metals Company (NYSE: CMC) is a leading global steel and metal recycler, manufacturer and fabricator based in Irving, Texas. The company operates an integrated network of scrap recycling facilities, electric arc furnace steel mills, metal fabrication plants and distribution centers. Through these operations, Commercial Metals collects and processes ferrous scrap to produce finished steel products and provides recycled metal to a variety of end markets.
In its steelmaking segment, CMC uses electric arc furnace technology to transform recycled scrap into reinforcing bar (rebar), merchant bar, coil and structural products.
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Akcie DoubleVerify před otevřením trhu vyskočily poté, co Wells Fargo zvýšila hodnocení z underweight na equal weight. Cílovou cenu zvedla na 13,60 USD z 8,00 USD.
DoubleVerify Holdings, Inc. (NYSE:DV – Get Free Report) shares gapped up prior to trading on Friday after Wells Fargo & Company upgraded the stock from an underweight rating to an equal weight rating. The stock had previously closed at $11.71, but opened at $13.23. Wells Fargo & Company now has a $13.60 price target on the stock, up from their previous price target of $8.00. DoubleVerify shares last traded at $13.2850, with a volume of 16,289,174 shares traded.
Several other research firms also recently weighed in on DV. Scotiabank downgraded DoubleVerify from an “outperform” rating to a “sector perform” rating and dropped their price target for the stock from $15.00 to $13.60 in a research report on Friday. Wall Street Zen lowered shares of DoubleVerify from a “buy” rating to a “hold” rating in a research report on Sunday, April 19th. Canaccord Genuity Group lowered DoubleVerify from a “buy” rating to a “hold” rating and dropped their price target for the stock from $16.00 to $13.60 in a research note on Friday. BMO Capital Markets set a $13.60 price objective on shares of DoubleVerify in a research report on Friday. Finally, Raymond James Financial lowered DoubleVerify from an “outperform” rating to a “market perform” rating in a research note on Friday. Three research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, DoubleVerify presently has an average rating of “Hold” and a consensus price target of $14.18.
View Our Latest Research Report on DV
Key DoubleVerify News Here are the key news stories impacting DoubleVerify this week:
Positive Sentiment: Nielsen will pay $13.60 per DoubleVerify share in cash, providing a meaningful premium and establishing a potential near-term valuation anchor. The transaction is expected to combine DoubleVerify’s media-quality and ad-performance technology with Nielsen’s audience measurement and media-intelligence business. Nielsen Is Acquiring DoubleVerify For $2.15 Billion Positive Sentiment: The acquisition announcement outweighed mixed quarterly results and drove heavy investor interest, with the stock trading close to Nielsen’s proposed cash consideration. Nielsen to Acquire DoubleVerify Institutional Investors Weigh In On DoubleVerify Several institutional investors and hedge funds have recently bought and sold shares of the business. Baird Financial Group Inc. acquired a new stake in shares of DoubleVerify in the first quarter valued at approximately $154,000. Woodline Partners LP raised its holdings in shares of DoubleVerify by 2.5% in the 1st quarter. Woodline Partners LP now owns 30,825 shares of the company’s stock worth $412,000 after purchasing an additional 762 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of DoubleVerify by 10.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 461,814 shares of the company’s stock valued at $6,174,000 after acquiring an additional 43,343 shares during the last quarter. Creative Planning lifted its holdings in shares of DoubleVerify by 17.8% during the second quarter. Creative Planning now owns 25,827 shares of the company’s stock valued at $387,000 after purchasing an additional 3,900 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in DoubleVerify by 624.2% during the second quarter. EverSource Wealth Advisors LLC now owns 4,635 shares of the company’s stock valued at $69,000 after buying an additional 3,995 shares in the last quarter. Institutional investors and hedge funds own 97.29% of the company’s stock.
DoubleVerify Trading Up 12.8% The company’s 50-day moving average is $11.02 and its 200 day moving average is $10.43. The firm has a market cap of $2.03 billion, a PE ratio of 36.68, a P/E/G ratio of 1.58 and a beta of 0.98.
About DoubleVerify (Get Free Report)
DoubleVerify, Inc is a leading digital media measurement and analytics company that helps advertisers, publishers and platforms ensure their digital advertising campaigns are viewable, fraud-free and brand-safe. The company’s platform integrates data science, machine learning and proprietary analytics to authenticate the quality of media across display, video, mobile, CTV and social channels. By delivering real-time insights into ad viewability, fraud detection and contextual relevance, DoubleVerify empowers marketers to optimize campaign performance and drive better return on ad spend.
At the core of DoubleVerify’s offering are solutions for viewability measurement, invalid traffic (IVT) detection, brand safety and suitability, contextual targeting and campaign performance analytics.
Further Reading Five stocks we like better than DoubleVerify Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Receive News & Ratings for DoubleVerify Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleVerify and related companies with MarketBeat.com's FREE daily email newsletter.
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Prestige Consumer Healthcare oznámila za 1. čtvrtletí EPS 0,98 USD a tržby 265,7 milionu USD, obojí nad odhady. Zároveň zvýšila výhled pro fiskální rok 2027.
California State Teachers Retirement System boosted its holdings in shares of Prestige Consumer Healthcare Inc. (NYSE:PBH – Free Report) by 21.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,310 shares of the company’s stock after acquiring an additional 10,117 shares during the quarter. California State Teachers Retirement System owned 0.12% of Prestige Consumer Healthcare worth $3,397,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lido Advisors LLC increased its position in shares of Prestige Consumer Healthcare by 5.4% during the fourth quarter. Lido Advisors LLC now owns 3,778 shares of the company’s stock worth $235,000 after buying an additional 192 shares during the period. Cerity Partners LLC lifted its holdings in Prestige Consumer Healthcare by 5.9% in the second quarter. Cerity Partners LLC now owns 3,884 shares of the company’s stock valued at $310,000 after buying an additional 218 shares during the period. UMB Bank n.a. lifted its holdings in Prestige Consumer Healthcare by 110.1% in the fourth quarter. UMB Bank n.a. now owns 418 shares of the company’s stock valued at $26,000 after buying an additional 219 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in Prestige Consumer Healthcare by 69.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 574 shares of the company’s stock valued at $35,000 after acquiring an additional 236 shares during the last quarter. Finally, Diversify Advisory Services LLC boosted its position in Prestige Consumer Healthcare by 4.6% during the third quarter. Diversify Advisory Services LLC now owns 5,837 shares of the company’s stock valued at $354,000 after acquiring an additional 256 shares during the last quarter. 99.95% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets Several research firms recently commented on PBH. Weiss Ratings cut Prestige Consumer Healthcare from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, June 25th. Canaccord Genuity Group dropped their price target on Prestige Consumer Healthcare from $86.00 to $72.00 and set a “buy” rating on the stock in a research note on Friday, May 15th. Oppenheimer lowered shares of Prestige Consumer Healthcare from an “outperform” rating to a “market perform” rating in a research note on Thursday, May 14th. Finally, Zacks Research lowered Prestige Consumer Healthcare from a “hold” rating to a “strong sell” rating in a report on Monday, May 18th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $70.75.
Check Out Our Latest Stock Analysis on PBH
Key Headlines Impacting Prestige Consumer Healthcare Here are the key news stories impacting Prestige Consumer Healthcare this week:
Positive Sentiment: Adjusted EPS was $0.98, exceeding the $0.89 analyst consensus and rising from $0.95 a year earlier. Revenue increased 6.5% year over year to $265.7 million, above the $250.3 million consensus estimate. Prestige Consumer Healthcare Q1 Earnings and Revenues Surpass Estimates Positive Sentiment: Organic sales grew 3.2%, led by the gastrointestinal and dermatological categories, suggesting underlying demand remained resilient despite a challenging consumer environment. Positive Sentiment: Prestige raised fiscal 2027 guidance to revenue of $1.290 billion-$1.315 billion, adjusted EPS of $4.55-$4.65, and adjusted free cash flow of at least $270 million. The revenue outlook includes the recently acquired Breathe Right portfolio and LaCorium Health. Prestige Consumer Healthcare Fiscal 2027 First Quarter Results Positive Sentiment: Adjusted free cash flow rose to $83.7 million, and management said the cash generation should support deleveraging. The company also extended $400 million of debt maturities to 2034, moving its closest maturity to 2031. Neutral Sentiment: An analyst roundup cited a $70.75 price target, indicating potential upside relative to recent trading levels, though price targets reflect individual estimates rather than company guidance. Analysts Set Prestige Consumer Healthcare Price Target Negative Sentiment: GAAP diluted EPS fell to $0.61 from $0.95, while net income declined to $29.2 million from $47.5 million. Gross margin also contracted to 51.3% from 56.2%, and acquisition-related expenses and higher interest costs weighed on reported profitability. Negative Sentiment: Prestige ended the quarter with approximately $2 billion of net debt, increasing financial leverage and execution risk as it integrates the new acquisitions. Prestige Consumer Healthcare Price Performance Prestige Consumer Healthcare stock opened at $54.92 on Friday. Prestige Consumer Healthcare Inc. has a 52 week low of $42.62 and a 52 week high of $71.07. The company’s 50 day moving average price is $48.82 and its two-hundred day moving average price is $56.06. The company has a quick ratio of 2.25, a current ratio of 3.23 and a debt-to-equity ratio of 1.06. The stock has a market cap of $2.60 billion, a P/E ratio of 15.38, a P/E/G ratio of 1.70 and a beta of 0.34.
Prestige Consumer Healthcare (NYSE:PBH – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.09. Prestige Consumer Healthcare had a net margin of 15.57% and a return on equity of 11.39%. The company had revenue of $265.71 million during the quarter, compared to analyst estimates of $253.02 million. During the same quarter in the prior year, the business earned $0.90 earnings per share. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. Prestige Consumer Healthcare has set its FY 2027 guidance at 4.550-4.650 EPS. On average, equities analysts predict that Prestige Consumer Healthcare Inc. will post 4.6 earnings per share for the current year.
About Prestige Consumer Healthcare (Free Report)
Prestige Consumer Healthcare, Inc is a leading manufacturer and marketer of branded over-the-counter (OTC) healthcare products. The company focuses on developing, acquiring and commercializing a diverse portfolio of non-prescription remedies designed to address common consumer health needs, including pain relief, cold and cough, digestive health, eye care, skin care and women’s health.
Key brands in Prestige’s portfolio include Clear Eyes (eye health), Carmex (lip care), Chloraseptic (sore throat relief), Dramamine (motion sickness), Rolaids (antacid), Monistat (women’s health), BC Powder (pain relief), Little Remedies (pediatric cold and gas relief) and TheraTears (dry eye therapy).
Featured Articles Five stocks we like better than Prestige Consumer Healthcare Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Want to see what other hedge funds are holding PBH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Prestige Consumer Healthcare Inc. (NYSE:PBH – Free Report).
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USD/CAD klesl na nejnižší úroveň od začátku června po slabých amerických mzdových datech a silných datech z Kanady. Trh zároveň snižuje sázky na další zvýšení sazeb Fedu.
USD/CAD opens the new week trading at its lowest level since early June, breaking lower on Friday following the release of a vastly divergent set of labour market data for July, continuing a trend seen across other economic figures over recent months.
A tale of two jobs reports That trend was on full display again last Friday, with a soggy US payrolls report sitting in stark contrast to a blowout set of figures north of the border. US non-farm payrolls fell by 23,000 in July against expectations for an 80,000 increase, with May and June also revised down by a combined 103,000. While the unemployment rate fell to 4.1%, average hourly earnings rose just 0.1% on the month, providing little evidence that labour market conditions are bolstering domestic inflation pressures.
Canada’s report could hardly have been more different. Employment jumped by 75,100 against expectations for an increase of just 16,500, with gains split almost evenly between full-time and part-time positions. The unemployment rate also fell to 6.4%, its lowest level in two years. But relativities matter. Despite the improvement, there is still considerable slack in the Canadian labour market, while annual wage growth slowed to 3.0% from 3.7%. That suggests a meaningful reacceleration in labour-driven inflation looks unlikely near-term, especially with inflation pressures already soft, questioning the need for the Bank of Canada to hike rates by year-end.
There are also reasons to be cautious about reading too much into the US payrolls miss. July has developed a habit of producing sizeable downside surprises in recent years, with seasonal adjustment around the summer months a possible factor. Much of the weakness was also concentrated in local government education, while private payrolls increased by 30,000. That doesn’t make the report strong, but it does raise questions about how much signal should be taken from the headline decline alone.
USD/CAD keeps one eye on Fed pricing
Source: TradingView, FOREX.com
When it comes to USD/CAD, there hasn’t been an obvious underlying driver of the recent move, at least based on the various relationships I’ve looked at. But one that has been reasonably consistent is the relationship between the pair and market pricing for the Fed out to its June meeting next year. As the amount of tightening priced over that period has been whittled away, USD/CAD has moved lower.
That puts plenty of emphasis on anything capable of shifting Fed pricing from here. With the Canadian calendar very quiet this week, the main event risk comes from the US, with CPI and PPI due on Wednesday and Thursday respectively. They are the key scheduled risk events for USD/CAD traders, alongside any fresh developments on the geopolitical front.
Interestingly, energy prices have shown little consistent relationship with USD/CAD over short, medium or longer-term periods, perhaps reflecting the fact that both the US and Canada are major energy producers.
CPI and PPI to test the Fed hike case
Source: LSEG Workstation, FOREX.com
A relatively soft set of inflation figures is expected this week. Core CPI is seen rising just 0.2% on the month, which would see the annual rate slow to 2.5%. That is still above the Fed’s target and CPI is not its preferred inflation measure, but it would still be a tepid outcome given how strongly the US economy has performed relative to much of the rest of the world.
The same applies to upstream inflationary pressures. Headline PPI is expected to rise just 0.1% on the month and 3.4% over the year, with the annual rate seen slowing slightly. And looking at Citi’s US inflation surprise index above, even with the supply-driven energy shocks of recent years and some inflationary pressure stemming from the AI buildout, there have been relatively few meaningful upside surprises. By and large, inflation outcomes have either been close to expectations or undershot them.
So while the Fed is still talking about the risk of further rate hikes and markets continue to mildly favour a move in September, expectations for this week’s inflation reports are benign. Could the data come in ugly? Absolutely. But based on the trend seen in recent years, repeated upside inflation surprises have not been a feature.
Canada’s data momentum continues to improve
Source: LSEG Workstation, FOREX.com
It’s not just US inflation prints that have tended to undershoot or come in close to expectations recently, but broader economic data as well. Citi’s Economic Surprise Index measures how economic releases print relative to market expectations. While the US economy is still performing strongly in absolute terms, the data have become less likely to beat expectations over recent weeks, with the index falling to its lowest level since early May.
At the same time, Canadian data have been heating up, with its surprise index moving sharply higher and overtaking the US measure for the first time since earlier this year. That relative shift has been mirrored in USD/CAD over the same period, with the pair breaking lower as the data backdrop has moved in Canada’s favour.
USD/CAD trend turns lower
Source: TradingView
From a technical perspective, USD/CAD has established a new downtrend, highlighted by a string of lower highs and lower lows. Friday’s jobs reports delivered a break below 1.3991, with the pair now sitting just above the 100-day simple moving average.
The message from the oscillators also favours selling into strength. RSI (14) continues to trend lower, setting lower highs and lower lows, and is not yet oversold. MACD has also staged a bearish crossover and slipped into negative territory, confirming that downside momentum continues to build.
The question is whether traders want to get short at current levels after the retracement already seen, especially with question marks around the signal from the US payrolls report and major inflation data looming. There are also signs that the geopolitical situation in the Gulf is deteriorating again, which could favour broader US dollar strength. With the big dollar off its highs, that raises the risk of a mild retracement in USD/CAD ahead of Wednesday’s CPI report.
In the interim, 1.3950 is worth watching. The pair has spent plenty of time either side of it this year, making it a useful near-term pivot for those looking at short-term setups. My preference would be to see a move back towards former support at 1.3991, and then watch how the price behaves. A clear rejection would suggest that former support has flipped to resistance, creating a more appealing setup for shorts, allowing for a tight stop to be placed above.
On the downside, the 100-day moving average is the first target, followed by 1.3870, which has acted as both support and resistance on several occasions this year. The 200-day moving average sits just beneath, making that broader area an obvious target zone for shorts. Beyond there, 1.3775 is a minor support level, before a much more important zone kicks in around 1.3710. It acted as resistance earlier this year and lines up with the 78.6% Fib retracement of the September 2024 to February 2025 bull move.
On the topside, a break back above 1.3991 into the low 1.40s would start to question the bearish bias, opening the risk of a retest of the minor downtrend from the July highs, currently found around 1.4070. That also lines up with the 50-day simple moving average, which the price has respected frequently in recent months. A clean break above that downtrend would break the sequence of lower highs and raise the risk of a resumption of the prior bullish trend.
Arista Wealth Management ve 2. čtvrtletí otevřela novou pozici v Axon Enterprise: koupila 1 101 akcií za zhruba 617 000 USD. Největší investor zároveň zůstává mezi institucionálními držiteli.
Arista Wealth Management LLC bought a new position in shares of Axon Enterprise, Inc (NASDAQ:AXON – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,101 shares of the biotechnology company’s stock, valued at approximately $617,000.
Several other hedge funds have also modified their holdings of the business. Brighton Jones LLC acquired a new stake in shares of Axon Enterprise in the fourth quarter valued at about $480,000. NewEdge Advisors LLC lifted its position in shares of Axon Enterprise by 41.1% during the 1st quarter. NewEdge Advisors LLC now owns 2,294 shares of the biotechnology company’s stock valued at $1,207,000 after acquiring an additional 668 shares during the period. Empowered Funds LLC boosted its stake in shares of Axon Enterprise by 8.4% during the 1st quarter. Empowered Funds LLC now owns 2,028 shares of the biotechnology company’s stock worth $1,067,000 after acquiring an additional 157 shares in the last quarter. Woodline Partners LP boosted its stake in shares of Axon Enterprise by 40.6% during the 1st quarter. Woodline Partners LP now owns 6,932 shares of the biotechnology company’s stock worth $3,646,000 after acquiring an additional 2,003 shares in the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in shares of Axon Enterprise in the 2nd quarter worth approximately $284,000. 79.08% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Axon Enterprise In related news, CEO Patrick W. Smith sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $643.79, for a total transaction of $6,437,900.00. Following the sale, the chief executive officer owned 3,040,997 shares in the company, valued at approximately $1,957,763,458.63. This trade represents a 0.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Elizabeth Reid Coughlin sold 1,554 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $485.00, for a total transaction of $753,690.00. Following the sale, the insider owned 34,024 shares in the company, valued at approximately $16,501,640. This trade represents a 4.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 58,989 shares of company stock valued at $30,527,983. Corporate insiders own 4.20% of the company’s stock.
Axon Enterprise News Summary Here are the key news stories impacting Axon Enterprise this week:
Positive Sentiment: Strong Q2 growth and higher outlook: Axon reported second-quarter revenue of approximately $904 million, up 35% year over year and above analyst expectations. The company raised its 2026 revenue-growth forecast to 32%–34%, citing record bookings, international expansion and demand for its connected devices and software. Axon Beat Estimates and Raised Guidance, Shares Dropped Positive Sentiment: AI and Dedrone momentum: AI Era revenue, including Draft One automated police-report software, grew nearly 700% from a year earlier. Dedrone counter-drone revenue exceeded $100 million, supported by deployments at all 11 World Cup sites, strengthening Axon’s long-term growth narrative. Axon Stock Falls After AI, Drone Wins Fuel Q2 Earnings Beat Positive Sentiment: Analyst and retail support: UBS raised its price target to $600 while maintaining a Neutral rating, and retail traders showed interest in buying the post-earnings pullback. William Blair also reiterated a Buy rating, highlighting recurring-revenue growth, counter-drone demand and Axon’s expanding AI platform. UBS Raises Axon Price Target Neutral Sentiment: Valuation remains elevated: Axon’s rapid share-price recovery has increased scrutiny of its valuation. Some analysis considers the stock expensive on discounted cash flow and only fairly valued on sales multiples, potentially limiting further gains unless growth remains strong. Axon Stock Could Be Overvalued Negative Sentiment: Margins and cash flow pressured the initial reaction: Software gross margin declined to 71.3% from 75.6%, while a greater mix of professional services, memory costs and investments in new products reduced profitability. Free cash flow also turned negative, and quarterly EPS was reported as slightly below some consensus estimates, prompting an initial post-earnings selloff. Axon Posts Lower Quarterly Gross Margin Axon Enterprise Stock Up 9.3% Shares of NASDAQ:AXON opened at $571.01 on Friday. The company has a quick ratio of 1.93, a current ratio of 2.15 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $46.02 billion, a P/E ratio of 236.93, a P/E/G ratio of 11.65 and a beta of 1.39. Axon Enterprise, Inc has a 52-week low of $339.01 and a 52-week high of $878.62. The stock’s fifty day simple moving average is $513.80 and its 200-day simple moving average is $474.59.
Axon Enterprise (NASDAQ:AXON – Get Free Report) last announced its earnings results on Tuesday, August 4th. The biotechnology company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.84 by $0.04. Axon Enterprise had a net margin of 6.19% and a return on equity of 2.84%. The firm had revenue of $904.39 million during the quarter, compared to the consensus estimate of $876.42 million. During the same quarter in the previous year, the company posted $2.12 EPS. The firm’s revenue for the quarter was up 35.3% on a year-over-year basis. As a group, equities research analysts forecast that Axon Enterprise, Inc will post 1.63 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth AXON has been the subject of several research analyst reports. JPMorgan Chase & Co. raised their price objective on Axon Enterprise from $750.00 to $755.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. The Goldman Sachs Group reiterated a “buy” rating and set a $715.00 target price on shares of Axon Enterprise in a research report on Thursday. Weiss Ratings reissued a “hold (c-)” rating on shares of Axon Enterprise in a report on Wednesday. UBS Group raised their price target on Axon Enterprise from $440.00 to $600.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, Morgan Stanley lifted their price target on Axon Enterprise from $600.00 to $640.00 and gave the stock an “overweight” rating in a research note on Thursday. Thirteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $730.92.
Read Our Latest Report on AXON
About Axon Enterprise (Free Report)
Axon Enterprise, Inc develops technology and weapons systems for public safety and law enforcement agencies, combining hardware, software and cloud services. The company’s hardware portfolio includes conducted energy weapons (commonly known as TASER devices), body-worn cameras and in-car camera systems. Axon pairs these devices with a suite of connected products and accessories designed to capture, store and manage field evidence.
Beyond hardware, Axon operates a subscription-based software platform for digital evidence management, evidence review and records management.
Recommended Stories Five stocks we like better than Axon Enterprise Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Want to see what other hedge funds are holding AXON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Axon Enterprise, Inc (NASDAQ:AXON – Free Report).
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Maravai LifeSciences Holdings, Inc. (NASDAQ:MRVI – Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $6.25, but opened at $5.60. Maravai LifeSciences shares last traded at $5.6880, with a volume of 683,238 shares.
Key Headlines Impacting Maravai LifeSciences Here are the key news stories impacting Maravai LifeSciences this week:
Positive Sentiment: Maravai reported second-quarter revenue of $51.44 million, exceeding analysts’ $48.67 million consensus estimate. The company also reported a quarterly loss per share of approximately $0.02, narrower than expectations of roughly $0.04-$0.05, according to the earnings coverage. Maravai LifeSciences Reports Second Quarter 2026 Financial Results Positive Sentiment: Wells Fargo’s higher valuation target and “Overweight” rating indicate greater confidence in Maravai’s growth outlook and provide a near-term catalyst for the shares. Wells Fargo price target report Neutral Sentiment: Management issued fiscal 2026 revenue guidance of $205 million to $215 million, a range that broadly brackets the $210.4 million analyst consensus. The update offers limited surprise but provides visibility into the company’s expected performance. Maravai LifeSciences 2026 Q2 Results Presentation Negative Sentiment: Maravai remains unprofitable, with a negative net margin and negative return on equity. Continued quarterly losses could limit the stock’s upside unless revenue growth translates into improving profitability. Maravai LifeSciences Q2 earnings coverage Wall Street Analysts Forecast Growth Several brokerages recently commented on MRVI. Wall Street Zen cut Maravai LifeSciences from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. UBS Group reaffirmed a “reduce” rating on shares of Maravai LifeSciences in a research report on Wednesday, June 3rd. Wells Fargo & Company lifted their target price on shares of Maravai LifeSciences from $5.50 to $6.50 and gave the company an “overweight” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $6.00 target price on shares of Maravai LifeSciences in a research report on Friday, May 8th. Finally, Weiss Ratings upgraded shares of Maravai LifeSciences from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 29th. Three investment analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $5.83.
Get Our Latest Stock Analysis on MRVI
Maravai LifeSciences Stock Performance The stock has a fifty day moving average price of $5.98 and a 200 day moving average price of $4.38. The company has a current ratio of 5.91, a quick ratio of 4.96 and a debt-to-equity ratio of 0.72. The firm has a market cap of $1.61 billion, a price-to-earnings ratio of -11.98 and a beta of 0.63.
Maravai LifeSciences (NASDAQ:MRVI – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.02. The firm had revenue of $51.44 million during the quarter, compared to analyst estimates of $48.67 million. Maravai LifeSciences had a negative return on equity of 15.34% and a negative net margin of 37.07%. As a group, analysts predict that Maravai LifeSciences Holdings, Inc. will post -0.2 earnings per share for the current year.
Insider Activity at Maravai LifeSciences In other news, General Counsel Kurt Oreshack sold 25,000 shares of the business’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $5.06, for a total value of $126,500.00. Following the completion of the sale, the general counsel directly owned 360,767 shares in the company, valued at approximately $1,825,481.02. The trade was a 6.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.49% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows Hedge funds and other institutional investors have recently bought and sold shares of the company. Brummer Multi Strategy AB acquired a new position in Maravai LifeSciences during the 4th quarter worth $1,488,000. Eversept Partners LP grew its position in shares of Maravai LifeSciences by 147.2% in the fourth quarter. Eversept Partners LP now owns 718,582 shares of the company’s stock valued at $2,335,000 after purchasing an additional 427,909 shares during the last quarter. Capricorn Fund Managers Ltd bought a new position in shares of Maravai LifeSciences in the first quarter worth about $961,000. Tejara Capital Ltd increased its stake in shares of Maravai LifeSciences by 23.1% in the fourth quarter. Tejara Capital Ltd now owns 3,020,209 shares of the company’s stock worth $9,816,000 after purchasing an additional 566,768 shares during the period. Finally, Yost Capital Management LP acquired a new position in shares of Maravai LifeSciences during the 4th quarter worth about $410,000. 50.25% of the stock is currently owned by institutional investors and hedge funds.
Maravai LifeSciences Company Profile (Get Free Report)
Maravai LifeSciences Holdings, Inc (NASDAQ: MRVI) is a life sciences company specializing in the development and supply of critical reagents and services for the development and manufacture of biologic therapies. The company’s offerings support a range of applications in genomics, molecular diagnostics, vaccine development and next-generation sequencing. Maravai’s platforms address key challenges in nucleic acid production, protein detection, epigenetic analysis and reagent quality across the biopharmaceutical industry.
Through its product portfolio, which includes proprietary mRNA capping reagents, lipid nanoparticle delivery systems, synthetic oligonucleotides and high-precision assay kits, Maravai enables customers to accelerate research and streamline manufacturing workflows.
Further Reading Five stocks we like better than Maravai LifeSciences Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Receive News & Ratings for Maravai LifeSciences Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maravai LifeSciences and related companies with MarketBeat.com's FREE daily email newsletter.
Bank of America Corp DE v 1. čtvrtletí snížila podíl v Broadridge Financial Solutions o 19,4 % na 568 358 akcií. Broadridge zároveň vykázala zisk 3,82 USD na akcii a tržby 2,22 miliardy USD.
Bank of America Corp DE cut its stake in shares of Broadridge Financial Solutions, Inc. (NYSE:BR – Free Report) by 19.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 568,358 shares of the business services provider’s stock after selling 137,235 shares during the quarter. Bank of America Corp DE owned 0.49% of Broadridge Financial Solutions worth $92,347,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of BR. Edgestream Partners L.P. purchased a new stake in shares of Broadridge Financial Solutions in the first quarter valued at about $2,229,000. Bull Harbor Capital LLC acquired a new stake in Broadridge Financial Solutions in the first quarter valued at about $209,000. South Dakota Investment Council purchased a new stake in Broadridge Financial Solutions in the 1st quarter valued at approximately $764,000. Smith Group Asset Management LLC purchased a new stake in Broadridge Financial Solutions in the 1st quarter valued at approximately $301,000. Finally, Amundi increased its position in Broadridge Financial Solutions by 67.5% during the 1st quarter. Amundi now owns 1,059,021 shares of the business services provider’s stock worth $172,070,000 after purchasing an additional 426,587 shares during the period. 90.03% of the stock is owned by institutional investors and hedge funds.
Broadridge Financial Solutions Price Performance BR stock opened at $166.47 on Friday. The firm has a 50 day moving average of $148.26 and a 200-day moving average of $162.88. The company has a market cap of $18.98 billion, a price-to-earnings ratio of 17.30 and a beta of 0.87. The company has a current ratio of 1.24, a quick ratio of 0.94 and a debt-to-equity ratio of 1.15. Broadridge Financial Solutions, Inc. has a 12-month low of $133.83 and a 12-month high of $268.17.
Broadridge Financial Solutions (NYSE:BR – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The business services provider reported $3.82 earnings per share for the quarter, topping analysts’ consensus estimates of $3.76 by $0.06. Broadridge Financial Solutions had a return on equity of 40.25% and a net margin of 15.04%.The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.17 billion. During the same quarter in the prior year, the firm posted $3.55 EPS. The company’s revenue was up 7.5% compared to the same quarter last year. Broadridge Financial Solutions has set its FY 2027 guidance at 10.370-10.750 EPS. As a group, equities analysts expect that Broadridge Financial Solutions, Inc. will post 10.54 EPS for the current fiscal year.
Broadridge Financial Solutions Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, October 5th. Stockholders of record on Thursday, September 3rd will be given a $1.09 dividend. This is an increase from Broadridge Financial Solutions’s previous quarterly dividend of $0.97. This represents a $4.36 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Thursday, September 3rd. Broadridge Financial Solutions’s dividend payout ratio (DPR) is 45.32%.
Insider Buying and Selling at Broadridge Financial Solutions In other news, insider Hope M. Jarkowski sold 1,966 shares of Broadridge Financial Solutions stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $155.00, for a total transaction of $304,730.00. Following the completion of the transaction, the insider owned 1 shares of the company’s stock, valued at $155. The trade was a 99.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.10% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In BR has been the subject of a number of analyst reports. Needham & Company LLC cut their target price on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, May 1st. DA Davidson decreased their price target on Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating on the stock in a research note on Tuesday, May 5th. UBS Group dropped their price objective on Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Morgan Stanley increased their price objective on Broadridge Financial Solutions from $169.00 to $176.00 and gave the stock an “equal weight” rating in a research report on Thursday. Finally, Royal Bank Of Canada raised their target price on Broadridge Financial Solutions from $200.00 to $225.00 and gave the company an “outperform” rating in a report on Wednesday. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Broadridge Financial Solutions has an average rating of “Moderate Buy” and a consensus price target of $213.71.
Broadridge Financial Solutions is a global fintech company that provides technology-driven solutions and outsourcing services to the financial services industry. The firm’s core offerings center on investor communications, securities processing and post-trade services, and technology platforms that support capital markets and wealth management operations. Broadridge positions itself as a provider of mission-critical infrastructure that helps financial institutions manage regulatory requirements, investor engagement and operational complexity.
Products and services include proxy and shareholder communications, investor disclosure and digital communications, proxy voting and tabulation, clearing and settlement support, trade processing and reconciliation, and a range of software-as-a-service platforms for wealth and asset managers.
See Also Five stocks we like better than Broadridge Financial Solutions Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Want to see what other hedge funds are holding BR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadridge Financial Solutions, Inc. (NYSE:BR – Free Report).
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Arrow Electronics oznámila za 2. čtvrtletí EPS ve výši 5,45 USD a tržby 9,99 mld. USD, obojí nad odhady. Pro 3. čtvrtletí čeká EPS v rozmezí 4,83–5,03 USD.
Assenagon Asset Management S.A. increased its stake in shares of Arrow Electronics, Inc. (NYSE:ARW – Free Report) by 307.9% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 220,920 shares of the technology company’s stock after purchasing an additional 166,762 shares during the period. Assenagon Asset Management S.A. owned 0.43% of Arrow Electronics worth $47,147,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. ACR Alpine Capital Research LLC increased its position in shares of Arrow Electronics by 42.6% during the fourth quarter. ACR Alpine Capital Research LLC now owns 3,445,593 shares of the technology company’s stock valued at $379,635,000 after buying an additional 1,028,778 shares during the period. AQR Capital Management LLC boosted its position in shares of Arrow Electronics by 37.7% in the third quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock valued at $384,818,000 after acquiring an additional 871,585 shares during the period. Brandes Investment Partners LP boosted its position in shares of Arrow Electronics by 1,412.3% in the fourth quarter. Brandes Investment Partners LP now owns 409,461 shares of the technology company’s stock valued at $45,115,000 after acquiring an additional 382,385 shares during the period. FIL Ltd grew its stake in Arrow Electronics by 33.8% during the fourth quarter. FIL Ltd now owns 1,231,833 shares of the technology company’s stock valued at $135,723,000 after acquiring an additional 310,936 shares in the last quarter. Finally, Alyeska Investment Group L.P. purchased a new position in Arrow Electronics during the fourth quarter valued at approximately $29,255,000. Hedge funds and other institutional investors own 99.34% of the company’s stock.
Insider Activity at Arrow Electronics In other Arrow Electronics news, insider Eric Nowak sold 3,473 shares of Arrow Electronics stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total transaction of $732,768.27. Following the sale, the insider directly owned 48,835 shares of the company’s stock, valued at approximately $10,303,696.65. The trade was a 6.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $216.00, for a total value of $648,000.00. Following the completion of the transaction, the senior vice president directly owned 12,626 shares of the company’s stock, valued at $2,727,216. This represents a 19.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.80% of the company’s stock.
Arrow Electronics Stock Down 8.4% Shares of NYSE ARW opened at $203.51 on Friday. The firm’s fifty day moving average is $215.78 and its 200 day moving average is $180.65. Arrow Electronics, Inc. has a 52 week low of $101.79 and a 52 week high of $237.33. The company has a quick ratio of 1.02, a current ratio of 1.24 and a debt-to-equity ratio of 0.35. The company has a market cap of $10.41 billion, a price-to-earnings ratio of 13.00 and a beta of 1.20.
Arrow Electronics (NYSE:ARW – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.45 by $1.00. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.63%. The business had revenue of $9.99 billion for the quarter, compared to analyst estimates of $9.67 billion. During the same quarter last year, the firm earned $2.43 EPS. The company’s revenue was up 31.8% on a year-over-year basis. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, equities research analysts expect that Arrow Electronics, Inc. will post 19.15 earnings per share for the current year.
Arrow Electronics declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, May 13th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the technology company to repurchase up to 9.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.
Key Arrow Electronics News Here are the key news stories impacting Arrow Electronics this week:
Positive Sentiment: Second-quarter results exceeded expectations: Arrow reported adjusted EPS of $5.45 versus the $4.45 consensus estimate, while revenue rose 31.8% year over year to $9.99 billion, above forecasts. Arrow Electronics Q2 Earnings Beat Estimates, Revenues Rise Y/Y Positive Sentiment: Demand and backlog trends remain encouraging: Management cited broadening demand in Global Components, including AI, aerospace and industrial markets. Book-to-bill remained above 1, with backlog extending into the first half of 2027. Arrow Q2 Earnings Call Signals More Runway in Components Positive Sentiment: Capital allocation and analyst support provided offsets: A new share-repurchase plan, lower debt and margin-expansion commentary support the investment case. Truist maintained a Buy rating with a $250 price target, implying meaningful potential upside from recent trading levels. Truist raises Arrow Electronics price target Neutral Sentiment: Leadership change: Arrow appointed Deidra C. Merriwether as president and chief operating officer. The change could support execution, but investors may await more details on her priorities and expected impact. Arrow Electronics Appoints Deidra C. Merriwether Negative Sentiment: Third-quarter guidance implies sequential earnings moderation: Arrow forecast non-GAAP EPS of $4.83–$5.03 and revenue of $9.6–$10.2 billion. Although above consensus, the EPS outlook is below the latest quarter’s result, and investors appeared to expect a larger upgrade after the stock’s strong run. Negative Sentiment: Margin concerns persist: Partner restructuring charges continued to weigh on Enterprise Computing Solutions, while management acknowledged remaining pressure in parts of the business. Negative Sentiment: Insider selling may have added pressure: Quiver Quantitative reported 14 insider sales and no purchases during the past six months. Institutional positioning was mixed, with several large funds reducing their holdings. Analyst Ratings Changes Several research firms recently issued reports on ARW. Raymond James Financial reissued an “outperform” rating and set a $250.00 price objective on shares of Arrow Electronics in a research note on Friday. Truist Financial cut their price objective on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a report on Friday. Zacks Research cut shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 3rd. Bank of America raised shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and raised their target price for the company from $122.00 to $233.00 in a research note on Wednesday, May 13th. Finally, Wells Fargo & Company lifted their price objective on shares of Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a report on Friday. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $233.25.
Get Our Latest Stock Analysis on ARW
About Arrow Electronics (Free Report)
Arrow Electronics (NYSE: ARW) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company offers a broad portfolio of semiconductors, passives, connectors, electromechanical devices and embedded solutions, serving customers across diverse end markets including automotive, communications, computing, aerospace, defense and healthcare. Through its extensive supplier relationships, Arrow enables design engineers to identify and procure components required for the development of new electronic systems and devices.
In addition to component distribution, Arrow delivers value-added services such as design engineering support, supply chain management, global logistics and technical training.
Further Reading Five stocks we like better than Arrow Electronics Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Want to see what other hedge funds are holding ARW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arrow Electronics, Inc. (NYSE:ARW – Free Report).
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Assenagon Asset Management S.A. lowered its position in shares of JFrog Ltd. (NASDAQ:FROG – Free Report) by 42.6% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 338,252 shares of the company’s stock after selling 250,638 shares during the quarter. Assenagon Asset Management S.A. owned about 0.28% of JFrog worth $30,740,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently bought and sold shares of FROG. Avior Wealth Management LLC purchased a new position in JFrog in the second quarter valued at approximately $289,000. Moody National Bank Trust Division purchased a new stake in JFrog during the second quarter worth approximately $822,000. Lavelle Capital LP purchased a new stake in JFrog during the first quarter worth approximately $1,046,000. Alpine Woods Capital Investors LLC acquired a new stake in shares of JFrog in the first quarter worth $294,000. Finally, Western Wealth Management LLC acquired a new stake in shares of JFrog in the first quarter worth $30,000. Institutional investors and hedge funds own 85.02% of the company’s stock.
JFrog Trading Up 7.8% NASDAQ FROG opened at $89.52 on Friday. The company’s fifty day simple moving average is $85.16 and its 200-day simple moving average is $63.11. JFrog Ltd. has a 52 week low of $34.05 and a 52 week high of $99.22. The stock has a market cap of $10.84 billion, a P/E ratio of -241.94 and a beta of 1.22.
JFrog (NASDAQ:FROG – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.03. The business had revenue of $163.77 million during the quarter, compared to the consensus estimate of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.76%. The business’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.18 earnings per share. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. On average, research analysts expect that JFrog Ltd. will post -0.15 EPS for the current fiscal year.
Insiders Place Their Bets In other news, Director Frederic Simon sold 120,000 shares of JFrog stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $85.84, for a total transaction of $10,300,800.00. Following the sale, the director directly owned 3,224,328 shares of the company’s stock, valued at approximately $276,776,315.52. The trade was a 3.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Yoav Landman sold 150,000 shares of JFrog stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $89.99, for a total value of $13,498,500.00. Following the sale, the chief technology officer directly owned 5,539,038 shares in the company, valued at approximately $498,458,029.62. The trade was a 2.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 938,649 shares of company stock worth $76,347,827 in the last quarter. 11.80% of the stock is owned by corporate insiders.
Key Headlines Impacting JFrog Here are the key news stories impacting JFrog this week:
Positive Sentiment: Q2 results beat expectations. JFrog reported adjusted earnings of $0.27 per share versus the $0.24 consensus estimate, while revenue rose 28.7% year over year to $163.8 million, above both analyst expectations and the company’s prior guidance. JFrog Q2 Earnings Beat Estimates on Cloud and Security Growth Positive Sentiment: Cloud and security momentum strengthened. Cloud revenue jumped 53% to approximately $87.5 million, representing 53% of total revenue. JFrog also reported 97 customers with more than $1 million in annual recurring revenue and 121% net dollar retention, supporting the company’s expansion and recurring-revenue outlook. JFrog stock jumps as Q2 results top guidance and full-year outlook moves higher Positive Sentiment: JFrog raised its outlook. Fiscal 2026 revenue guidance increased to $648 million-$652 million from $628 million-$632 million, while adjusted EPS guidance rose to $0.96-$1.00. Third-quarter guidance of $164 million-$166 million in revenue and $0.22-$0.24 in EPS also exceeds consensus estimates. JFrog forecasts 2026 revenue amid cloud growth outlook Positive Sentiment: Analysts raised targets following the report. Benchmark raised its target to $120 and JPMorgan, Oppenheimer, and BTIG lifted theirs to $115. Truist increased its target to $110, while Piper Sandler raised its target to $90 but retained a neutral rating. Analyst price-target updates Neutral Sentiment: Software stocks broadly moved higher as solid earnings reduced concerns about artificial-intelligence disruption, providing a favorable sector backdrop for FROG. Stocks that explain today’s market Negative Sentiment: Recent insider-trading data shows company insiders recorded numerous open-market sales and no purchases over the past six months. This may temper enthusiasm, although the selling can also reflect scheduled transactions or equity compensation. Analyst Upgrades and Downgrades A number of brokerages have recently commented on FROG. Piper Sandler raised their target price on shares of JFrog from $65.00 to $90.00 and gave the company a “neutral” rating in a research note on Friday. Canaccord Genuity Group set a $105.00 price target on shares of JFrog in a research report on Friday. Needham & Company LLC increased their price target on JFrog from $80.00 to $115.00 and gave the company a “buy” rating in a report on Friday. TD Cowen raised their price objective on JFrog from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Friday. Finally, Cantor Fitzgerald boosted their price objective on JFrog from $80.00 to $100.00 and gave the stock an “overweight” rating in a research note on Monday, August 3rd. Twenty-one equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, JFrog currently has a consensus rating of “Moderate Buy” and a consensus target price of $105.81.
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JFrog Profile (Free Report)
JFrog is a software company specializing in DevOps solutions designed to streamline the management, distribution and security of software binaries. Its core offering, JFrog Artifactory, serves as a universal artifact repository manager compatible with all major package formats, enabling development teams to store, version and share build artifacts across the software delivery pipeline. The company’s platform also includes tools for continuous integration and delivery (CI/CD), security scanning and release automation.
Among JFrog’s flagship products are JFrog Xray, a security and compliance scanning service that analyzes artifacts and dependencies for vulnerabilities; JFrog Pipelines, a CI/CD orchestration engine that automates build and release workflows; and JFrog Distribution, which accelerates the secure distribution of software releases to edge nodes and end users.
Featured Stories Five stocks we like better than JFrog Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Want to see what other hedge funds are holding FROG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JFrog Ltd. (NASDAQ:FROG – Free Report).
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Cetera Investment Advisers ve 1. čtvrtletí zvýšila podíl v NiCE o 121,4 % na 20 233 akcií. NiCE zároveň za čtvrtletí oznámila zisk na akcii 2,70 USD a tržby 782,29 milionu USD.
Cetera Investment Advisers lifted its position in NiCE (NASDAQ:NICE – Free Report) by 121.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,233 shares of the technology company’s stock after purchasing an additional 11,093 shares during the quarter. Cetera Investment Advisers’ holdings in NiCE were worth $2,231,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC purchased a new stake in shares of NiCE in the 2nd quarter valued at about $40,000. Manchester Capital Management LLC purchased a new position in shares of NiCE during the fourth quarter worth approximately $39,000. V Square Quantitative Management LLC bought a new stake in NiCE in the first quarter worth $40,000. Legal & General Group Plc purchased a new position in NiCE in the 2nd quarter worth approximately $65,000. Finally, MidFirst Bank bought a new stake in NiCE during the 4th quarter valued at $69,000. Institutional investors own 63.34% of the company’s stock.
NiCE Stock Performance Shares of NiCE stock opened at $101.85 on Friday. NiCE has a one year low of $83.10 and a one year high of $153.68. The stock’s fifty day moving average is $94.39 and its 200 day moving average is $102.98. The stock has a market cap of $5.95 billion, a P/E ratio of 14.83, a P/E/G ratio of 1.05 and a beta of 0.74.
NiCE (NASDAQ:NICE – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share for the quarter, topping analysts’ consensus estimates of $2.63 by $0.07. NiCE had a net margin of 13.86% and a return on equity of 15.46%. The business had revenue of $782.29 million during the quarter, compared to analyst estimates of $766.27 million. During the same period in the prior year, the business posted $3.01 earnings per share. The company’s revenue was up 7.7% on a year-over-year basis. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. Analysts predict that NiCE will post 9.11 EPS for the current year.
Wall Street Analyst Weigh In Several analysts have commented on NICE shares. DA Davidson lifted their price objective on NiCE from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday. Cantor Fitzgerald restated a “neutral” rating and issued a $104.00 target price on shares of NiCE in a research note on Wednesday, June 10th. Royal Bank Of Canada restated an “outperform” rating and set a $130.00 price target on shares of NiCE in a research report on Wednesday, June 10th. Morgan Stanley reduced their target price on shares of NiCE from $148.00 to $130.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Finally, Citizens Jmp lowered their price target on shares of NiCE from $200.00 to $170.00 and set a “market outperform” rating for the company in a research report on Thursday, May 7th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $129.50.
Check Out Our Latest Stock Report on NiCE
NiCE Profile (Free Report)
NiCE Ltd is a global software provider specializing in solutions for customer engagement, financial crime prevention, public safety, workforce optimization and border security. Its product offerings include cloud-native and on-premises platforms that leverage advanced analytics, artificial intelligence and automation to help organizations enhance customer experiences, streamline operations and ensure regulatory compliance. NiCE’s portfolio addresses the needs of contact centers, financial institutions, government agencies and enterprises across a broad range of industries.
In customer engagement, NiCE delivers tools for omnichannel interaction management, real-time and historical analytics, workforce management, and quality management.
See Also Five stocks we like better than NiCE Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish
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Buy now, pay later (BNPL) company Sezzle (SEZL -33.89%) closed at $178.53 on Thursday. By Friday's close, the stock was at $118.02 -- a one-day decline of 33.89% that wiped out about $2 billion of market value. The whole company was worth about $6 billion at Thursday's close and just under $4 billion a day later.
The report that triggered it, released Thursday evening, didn't look like that kind of news. Second-quarter revenue rose 51.7% year over year to $149.7 million -- a record, and ahead of analysts' estimates. Net income came in at $40.8 million, up 47.7%, and earnings per diluted share reached $1.17, from $0.78 a year earlier.
Active subscribers surged 76.4% to 854,000, the largest year-over-year gain in the company's history. And management raised its full-year guidance for the third time this year.
So why did a quarter that strong cost the stock a third of its value? Much of it comes down to the second half the new guidance implies, and to where the stock was trading when the report landed.
Image source: Getty Images.
Another record quarter Measured against a year ago, the second quarter was Sezzle's best. Gross merchandise volume, or GMV (the total dollar value of purchases financed on the platform), grew 37.9% year over year to $1.3 billion. Non-GAAP (adjusted) net income rose 58.4% to $39.3 million, and adjusted EBITDA reached $58 million, a 38.8% margin.
And the engagement behind those numbers deepened. Average purchase frequency hit a company high of 7.2 times per quarter, up from 6.1 a year ago.
The updated outlook moved higher, too. Management now expects revenue to grow 35% this year, the top of its prior 30% to 35% range, and raised its adjusted earnings target to $5.25 per diluted share. In February, that guidance was 25% to 30% growth and $4.70 per share. The company keeps outrunning its own forecasts.
Why did the stock fall so hard? Revenue, though, grew about 14 percentage points faster than the dollar volume behind it. That gap came from yield: Revenue as a percentage of GMV reached 11.7%, after 10.6% in the year-ago quarter. Sezzle earned more on every dollar its shoppers spent, and that yield expansion drove a meaningful share of the quarter's 51.7% growth rate.
The guidance carries the bigger signal. First-half revenue totaled $285.2 million, up 40% year over year. Growing 35% for the full year, on last year's $450.3 million, implies about $608 million of revenue in 2026, which leaves roughly $323 million for the second half.
That's about 31% growth, a sharp slowdown from the 51.7% just reported.
Some of that math reflects an easy comparison, since the year-ago second quarter was the softest stretch of Sezzle's 2025. This quarter's growth rate was likely always going to flatter the trend. But the direction is the same either way -- a second half growing near 31%, closer to volume growth than to the headline rate Sezzle just reported.
That mattered because of where the stock stood. Coming into the report, shares had climbed about 260% from their 52-week low of $49.50 and sat within about 10% of their 52-week high.
At Thursday's close, shares cost about 34 times the newly raised full-year adjusted earnings target. Investors were paying for the 51.7%, not the 31%.
Today's Change
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-33.89
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-60.51
Current Price
$
118.02
A much cheaper stock than on Thursday One day later, the price asks far less. At $118.02, Sezzle trades at about 22 times the full-year adjusted earnings figure management just guided to. That's for a growth stock still expected to grow revenue 35% this year, with a net income margin near 27% and a subscriber base up 76% from a year ago.
Of course, BNPL is a credit business, and a credit business's growth can look terrific right up until losses catch up with it. Sezzle's yield gains won't repeat forever, either. And the second half will test whether marketing spending, which more than doubled in the first half, keeps producing subscribers at this pace.
Still, I'd call Friday's move a repricing more than a verdict on the business. The quarter was excellent, but investors had been paying for the headline rate, and the new outlook shows that rate cooling toward volume growth in the second half. At about 22 times guided earnings, the stock is arguably priced much closer to the forecast the company gave.
Extendicare ve 2. čtvrtletí zvýšila tržby o 59,4 % na C$611 milionů a upravenou EBITDA o 71 % na C$68,3 milionu díky akvizicím. Firma dál integruje CBI Home Health a rozvíjí program přestavby domovů v Ontariu.
Extendicare TSE: EXE reported sharply higher second-quarter revenue and adjusted EBITDA as its recently completed acquisitions contributed for a full quarter, while management said it remains focused on integrating CBI Home Health and advancing its Ontario long-term-care redevelopment program.
Revenue rose 59.4% from a year earlier to C$611 million in the second quarter, while adjusted EBITDA increased 71% to C$68.3 million. President and CEO Michael Guerriere said the results reflected execution of the company’s acquisition strategy over the past 18 months, including the C$570 million purchase of CBI, which closed April 1.
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The quarter also included contributions from nine long-term-care homes acquired from Revera in June 2025 and Closing the Gap, a home-health-care acquisition completed in July 2025. Guerriere said all three acquisitions were exceeding the adjusted EBITDA levels originally underwritten when the transactions were announced.
CBI adds scale to home health operations CBI contributed C$145.7 million of revenue and C$18.5 million of adjusted EBITDA during the quarter, according to management. The business generated average daily visits of 33,609, representing an annualized run rate of about 12 million hours of care and approximately 20% growth from 2024 volumes.
Guerriere said CBI expands Extendicare’s presence in Western Canada and adds business models that create additional organic-growth opportunities. He said the combined scale of CBI and ParaMed should support further technology investment and future operating synergies after integration is completed.
Management said the integration remains in its early stages. Chief Financial Officer David Bacon said the immediate priority is exiting remaining transitional service arrangements, with that work targeted for the beginning of 2027. The company plans to integrate CBI methodically by geography rather than through a single cutover.
Extendicare continues to expect C$7.4 million in cost synergies once CBI is fully integrated. Management maintained its expectation that the integration will take roughly 18 to 24 months. Bacon said the company expects CBI-related integration expenses of about C$3 million to C$4 million annually over the next couple of years.
Guerriere said CBI integration will be the company’s principal focus through the rest of 2026, although Extendicare’s strengthened balance sheet gives it the ability to consider opportunities that fit its strategy. He said additional acquisition activity is more likely later in 2027 at the earliest, barring an unusually compelling opportunity.
Home health growth remains strong, margins affected by investment Home health-care volumes increased 132.6% year over year, driven by acquisitions and organic demand. Excluding CBI, average daily visits rose 31.7% from the prior-year period, reflecting both the Closing the Gap purchase and market growth.
Home health-care revenue increased by C$201.7 million year over year, while net operating income rose C$25.2 million, or 117.8%. However, the segment’s NOI margin declined 60 basis points to 12.9%.
Management attributed the margin decline to additional investment in technology and frontline-support functions, including scheduling, coordination and supervisory resources, as well as the absence of a 2026 Ontario home-care rate increase to offset labor-cost inflation.
Bacon said the company had made a “fairly large step up” in the size of its supporting back-office team over the past six months and does not expect another comparable step-up. He said management still views home health care as a higher-margin business over the medium to long term, though the timing of expansion will depend partly on funding-rate increases.
Guerriere said provincial home-care funding increases have historically tracked labor-cost inflation over the long term, though announcements are less regular than in long-term care and may include retroactive adjustments. Ontario’s two recent C$1.1 billion home-care funding announcements were primarily aimed at volumes rather than rates, he said.
Despite recent rapid expansion, Extendicare continues to expect long-run home-health-care volume growth of approximately 6% to 8% annually. Management cited roughly 4% demographic growth and continued shortages of long-term-care beds, while noting that recent higher growth likely reflects unmet demand and healthcare-system backlogs.
Long-term care and managed services contribute to earnings growth Long-term-care revenue rose C$26.5 million, or 12.8%, supported by the nine acquired homes, funding increases and improved preferred occupancy. Segment NOI increased C$5.7 million, or 23.9%, and the quarterly NOI margin rose 110 basis points to 12.7%.
Bacon said long-term-care margins tend to be higher during the second and third quarters because of the timing of funding and wage increases. For the trailing 12 months ended June, normalized long-term-care NOI margin was about 11.8%, which management said is consistent with its recent expectations.
Managed Services revenue declined C$0.6 million to C$17.1 million, partly because certain management contracts were not renewed. Still, NOI increased C$0.2 million to C$9.9 million, supported by 8.3% organic growth in SGP clients and higher management fees from the newly opened Extendicare Beauclaire home. The segment’s NOI margin was 57.6%, above the company’s expected annualized range of 50% to 55%.
Financing changes lower leverage and borrowing costs Extendicare completed its inaugural unsecured notes offering during the quarter, issuing C$450 million of five-year senior unsecured notes bearing interest at 4.345% and maturing in April 2031. Morningstar DBRS assigned both the company and the notes a BBB stable rating.
The company also established a new C$250 million unsecured credit facility maturing in April 2029 and repaid certain higher-cost and nearer-term long-term-care mortgages and loans. Bacon said these changes reduced Extendicare’s weighted-average interest rate by 80 basis points to 4.4% and extended its weighted-average debt maturity to 5.1 years.
At quarter-end, the company had C$208 million of liquidity, consisting of C$93 million of cash and C$115 million available under its unsecured revolving facility. Pro forma debt to adjusted EBITDA was approximately 2.5 times, below management’s original estimate of about 3.3 times following the CBI acquisition.
Second-quarter net earnings were C$30.9 million, down C$1.1 million from a year earlier, reflecting financing, debt-prepayment, transaction and integration costs. AFFO rose 47% to C$36.5 million, but was affected by C$8.7 million of payroll withholding taxes related to deferred share-unit settlements for two retiring directors. Excluding that impact, AFFO increased 73% to C$42.9 million, or C$0.448 per basic share.
Looking ahead, Extendicare plans to complete the Closing the Gap integration this year, continue integrating CBI and advance its redevelopment agenda. The company opened the 320-bed Extendicare Beauclaire home in Ottawa in May and has six redevelopment projects under construction, including the 256-bed Extendicare Forest Trail home in Peterborough, which is scheduled to open next month. Management said it remains on track to open four additional homes in 2027, adding 832 beds.
About Extendicare (TSE:EXE)Extendicare Inc, operating solely in Canada, is the largest private-sector owner and operator of long-term care (LTC") homes and one of the largest private-sector providers of publicly funded home health care services.
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Akcie Upstartu v červenci klesly o 23 % kvůli slabším makrodatům pro věřitele a obavám z agentické AI. Firma přesto ve 2. čtvrtletí zvýšila tržby o 42 % a čistý zisk téměř ztrojnásobila na 16,5 milionu USD.
Upstart (UPST +4.64%) stock dropped 23% in July, according to data provided by S&P Global Market Intelligence. There was macroeconomic data pointing to continued pressure for lenders, which is its core business, as well as continued concern about agentic artificial intelligence (AI) replacing software-as-a-service (SaaS) products.
Upstart is in for a long recovery Upstart stock plunged several years ago when it couldn't sustain incredibly high growth as interest rates rose, and it hasn't gotten back on its feet yet. The business has somewhat recovered, but it's not where it used to be. It's also facing a tough macroeconomic environment, hampering market confidence in its future.
Image source: Getty Images.
On top of that, the market has soured on many SaaS stocks in the age of agentic AI. The worry is that agents can perform many of the tasks that these companies take care of. Upstart is an AI-based credit evaluation platform, and it claims to approve more loans without adding risk to the lender. It uses machine learning and thousands of data points to continually improve, offering real value to its clients, and it says its underwriting model has been 2.74 times as good as traditional models over the past eight years. The fear is that agents can do this just as well.
So far, Upstart continues to make its way back up, and it has been demonstrating solid performance over the past few quarters. In the 2026 second quarter, revenue increased 42% year over year, and originations were up 50%. Net income nearly tripled to $16.5 million, but Upstart has been in and out of generally accepted accounting principles (GAAP) profitability for several quarters.
The future still looks bright The company is still well-positioned to keep growing. Management is targeting a 40% revenue increase for the 2026 full year, and it also provided longer-term guidance of a 35% compound annual growth rate through 2028.
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It continues to expand, and new products present new opportunities. It has added auto loans and home loans to its original, core personal lending products, and its secured auto and home loan originations increased 218% year over year in the second quarter. Management says that it has reduced the cost of its home equity product by 15%, and that it can be approved in six days with a price advantage of two percentage points vs. competitors.
It has also signed several funding rounds for its loans so it's keeping a small amount on its books. That reduces its direct exposure to high interest rates.
Upstart stock rose after earnings, but the stock is still well off its high as the market weighs its performance against its risks.
Rocket Lab (RKLB +9.46%) reports second-quarter results after the market closes on Monday, Aug. 10 -- and investors aren't waiting for the numbers. Shares jumped 9% on Friday, and the space company is now worth about $50 billion.
Wall Street's consensus estimate sits at about $232 million of revenue, up about 60% year over year.
Management's own guidance, issued in May, points at the same spot. It calls for $225 million to $240 million, a range whose midpoint would be up about 61% from the $144 million the company reported a year earlier.
Either number would extend a remarkable run. Rocket Lab's quarterly revenue has climbed from that $144 million a year ago to $155 million, then $180 million, then $200 million to open 2026. Each of those quarters set a company record.
So hitting the guide would make it five records in a row.
Image source: Getty Images.
A fifth straight record is the floor The first quarter showed why expectations have crept so high. Revenue grew 63.5% year over year, and the company beat every metric it had guided to, including margins and adjusted EBITDA. Backlog (the value of contracts signed but not yet fulfilled) ended the quarter at a record $2.2 billion.
And the bookings ran even hotter than the revenue. Rocket Lab signed 31 new Electron and HASTE launch contracts in the quarter, plus five dedicated Neutron missions. That's more launch business sold in three months than in all of 2025, and it took the company's manifest past 70 contracted missions.
For the second quarter, management guided for GAAP gross margins of 33% to 35% and an adjusted EBITDA loss of $20 million to $26 million. Those two lines deserve as much attention as revenue.
Rocket Lab still isn't producing net income (it lost about $183 million over the past 12 months), so the pace at which losses narrow is part of what a $50 billion valuation is counting on.
The company entered the quarter with access to more than $2 billion in total liquidity, though, which should give it plenty of room to keep funding growth in the meantime.
The contracts the results won't include Some of the company's biggest recent news won't show up in Monday's numbers at all. The first piece, announced July 27, was a $266 million missile-defense deal with the Space Force covering 12 suborbital launches, with up to six more as options -- the biggest launch contract Rocket Lab has ever signed. A $397 million Space Force award followed on Aug. 4, this one to build, launch, and operate satellites for the SB-AMTI airborne-threat-tracking program.
That's $663 million of combined contract value announced in eight days, all of it landing after the quarter closed on June 30. Of course, investors already know about it.
What they don't know is how quickly it converts into revenue, which is one reason backlog may be the most telling figure in Monday's release. Neither summer award will be in it, though -- both came after June 30, and backlog excludes unexercised options.
The other thing to watch is Neutron. The new satellite award depends on the company's larger rocket, which is supposed to carry those spacecraft to orbit and which has never flown. As of the first-quarter update, management said the vehicle remained on track for a debut launch later this year (a timeline that has slipped before). Any change to that language on Monday could matter more than the revenue number.
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What would make the quarter a success? The complicated part is the starting price. Rocket Lab is now valued at more than 70 times the roughly $680 million of revenue it has booked over the past 12 months. After all, the growth stock is up almost 90% over the past year, and Friday's 9% climb came before the company reported anything at all.
With the stock priced that way, the difference between $232 million and $238 million of quarterly revenue hardly matters. Monday's report has to keep the whole growth story intact. So in practice, I think that means three things: revenue inside or above the guided range, backlog holding near its record even as launches convert into recognized sales, and Neutron still pointed at a first flight this year.
The business has been earning its reputation, and the demand backdrop keeps improving -- $663 million of announced government contract value in eight days says as much. But a $50 billion valuation on about $680 million of trailing revenue leaves little space between a good quarter and a disappointing one. At this price, even a record Monday night might only count as meeting expectations.
