Fox won't negotiate a new NFL media rights deal before 2030, when its current contract with the league expires via an opt-out clause, Chief Executive Officer Lachlan Murdoch said during a Thursday earnings conference call.
The NFL has held preliminary discussions with both Fox and CBS-parent Paramount Skydance about reworking the deals to eliminate the league's opt-out clause and raise the cost of the live rights, CNBC previously reported. Fox and CBS own the NFL's Sunday afternoon packages of live game rights.
Without the opt out, Fox and Paramount's deals with the league extend until the end of the 2033-34 season.
Murdoch said Thursday that those preliminary discussions led Fox to decide it won't strike a new deal.
"In advance of the season, we've had a recent thorough and productive discussions with the league, and as a result, we will not be making any amendments to our existing contractual relationship, which extends to the completion of the 2029 season," Murdoch said. "We'll be ready to engage with the NFL on the opt-out seasons and beyond at a date closer to the 2030 season, which has been the customary timetable."
The NFL maintains flexibility to renew deals early with its other media partners, including adding new partners as it has in recent years with YouTube and Netflix. An NFL spokesperson declined to comment on Murdoch's remarks.
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NFL Commissioner Roger Goodell told CNBC last year he felt the league's rights were relatively undervalued compared to other sports. The NBA nearly tripled its media rights revenue with an 11-year, $77 billion deal struck in 2024.
The NFL signed its most recent media rights deal, worth more than $100 billion, in 2021.
"I think our partners would want to sit down and talk to us at any time, and we continue to dialogue with them. I like that opportunity," Goodell said in September. "Obviously it's not going to happen this year. But it could happen as early as next year. That could happen."
NFL programming is consistently the most watched on television. Murdoch said Fox's relationship with the NFL "is an incredibly positive one."
The NFL had discussed an increase of nearly $1 billion per year in rights costs in early talks with Paramount, CNBC reported earlier this year. In return, the league would guarantee carriage on CBS until 2034. Under the terms of the current contract, the NFL can walk away from the deal with all of its partners except Disney at the end of the 2029-30 season. Disney has one extra year.
Disney Chief Financial Officer Hugh Johnston told CNBC earlier this week that the NFL hasn't yet engaged Disney on a new deal.
"We really have pretty much all the sports rights that we need locked up into the 2030s. The NFL, you've seen they have commented a few times on reopening that, but they have not talked to us about that. So we'll see how that plays out," Johnston said in an interview.
Metalsource Mining spouští rozšířené vrtání u Silver Hill v Severní Karolíně, aby otestovala pokračování dosud nejvyššího nálezu. Vrt SH26-07 přinesl až 16 604 g/t stříbrného ekvivalentu na 2,74 metru.
Vancouver, British Columbia--(Newsfile Corp. - August 6, 2026) - Metalsource Mining Inc. (CSE: MSM) (OTCQB: MSMMF) (FSE: E9Z) ("Metalsource" or the "Company") is pleased to announce the next phase of drilling at its flagship Silver Hill Project in North Carolina. Building on the success of recent drilling and an increasingly refined geological model, the Company is launching a focused expansion program targeting strike and down plunge extensions of the highest grade polymetallic mineralization identified to date. The program is designed to systematically expand known mineralization while advancing Silver Hill toward an inaugural mineral resource estimate currently targeted for early 2027.
The next phase of drilling will focus on the area surrounding Hole SH26-07, one of the most significant intercepts reported by the Company to date. SH26-07 intersected 12.62 metres grading 3,786 g/t silver equivalent*, including 6.95 metres grading 6,730 g/t silver equivalent* and 2.74 metres grading 16,604 g/t silver equivalent*, highlighted by 209.1 g/t gold, together with strong silver, lead and zinc mineralization. Management believes the evolving geological model now provides a significantly improved understanding of the controls on this high grade intercept and is positioning the drill program to evaluate its continuity along strike, down plunge and at depth.
Key Highlights
Targeting the highest grade mineralization identified to date, anchored by Hole SH26-07, which returned up to 16,604 g/t silver equivalent over 2.74 metres.
New drill platforms will allow systematic testing of strike and down plunge extensions while improving continuity between previously successful drill holes, including SH26-05 and SH25-02.
Dual track exploration strategy continues, with the current program focused on expanding the known Silver Hill mineralization while a second drill rig prepares to evaluate newly identified district scale exploration targets generated through the Company's recent IP survey.
Technical Discussion
Construction of additional drill platforms west of the current drilling area is planned to facilitate testing of the interpreted deep extension of the Silver Hill polymetallic system and continued expansion of mineralization along strike and at depth. Concurrently, the Company will construct additional drill platforms positioned to evaluate exploration targets identified through the recently completed property scale IP survey.
During construction activities, drilling will temporarily transition to the eastern portion of the system, where step out holes will evaluate the interpreted up dip extension of the high grade polymetallic mineralization defined by SH26-07. These holes are designed to test the continuity of gold rich mineralization along trend while also improving geological understanding between SH26-07, SH26-05 and SH25-02, all of which intersected significant polymetallic mineralization with gold enrichment.
Joe Cullen, Chief Executive Officer, commented:
"One of the advantages of a successful exploration program is that each drill hole makes the next one more intelligent. Over the past several months we've significantly improved our understanding of the geological controls at Silver Hill, and we're now applying that knowledge by deliberately targeting the highest grade mineralization identified to date.
"Hole SH26-07 demonstrated the exceptional grade potential of the system, and our objective now is to determine how far that mineralization extends along strike, down plunge and at depth while continuing to strengthen the continuity of the broader polymetallic system. This work is fundamental to building a robust geological model and advancing toward our inaugural resource estimate.
"At the same time, exploration across the broader district continues to accelerate. While this program remains focused on expanding the known Silver Hill deposit, our second drill rig will begin evaluating newly identified high priority targets generated through our recent IP survey. For the first time, we'll be targeting mineralization along strike and pursuing new discoveries simultaneously, marking another important step in the evolution of the Silver Hill project."
Why This Matters to Investors
This phase of drilling represents a natural progression in Metalsource's exploration strategy. Rather than simply stepping out from previous holes, the Company is now applying an increasingly refined geological model to systematically target extensions of the highest grade polymetallic mineralization identified to date.
Importantly, this program is designed to accomplish two complementary objectives. First, it seeks to expand and strengthen the continuity of the known Silver Hill mineralization in support of an inaugural mineral resource estimate. Second, as the Company's second drill rig begins evaluating newly identified district scale targets, Metalsource will simultaneously pursue opportunities for new discoveries beyond the historic mine footprint.
Together, these initiatives represent an important evolution in Metalsource's exploration strategy. The Company is now systematically expanding the exceptional high grade polymetallic mineralization highlighted by Hole SH26-07 while simultaneously advancing district scale exploration beyond the historic mine footprint. By integrating modern drilling, geophysics and geological interpretation, management believes Silver Hill is transitioning from a historic producing mine into a growing polymetallic district with multiple opportunities for defining a resource and new discoveries.
Metalsource QA/QC protocols are maintained through the insertion of certified reference material (standards), blanks, and duplicates within the sample stream. The drill core is cut in half with a diamond saw, with one half placed in sealed bags and shipped to the laboratory and the other half retained on site. Chain of custody is maintained from the drill to the submittal into the laboratory preparation facility.
Analytical testing is performed by ALS Geochemistry (Reno, NV) and ALS Canada (Vancouver, BC). The entire sample is crushed to 70% passing 2mm mesh, with a 250 gram split pulverized to 85% passing minus 75 micron. A four-acid digest is performed on 0.25g of sample to quantitatively dissolve most geological materials. Analysis is performed with a combination of ICP-AES and ICP-MS and fire assay.
The exploration results described herein are preliminary in nature and are insufficient to define a mineral resource. Further drilling is required to determine the continuity, geometry, and grade distribution of mineralization. At the time of this release analytical results remain pending.
*Metal values used in AgEq calculations are from the 200-day moving average values from 2/6/2026, and all values are in USD. PAu= $124.5/g, PAg= $1.58/g, PCu= $4.9/lbs, PPb=$0.90/lbs, PZn=$1.11/lbs, 0.00220462262 = grams-to-pounds conversion factor, 22.0462262 = pounds per tonne for 1% metal. Metal recoveries used in the AgEq calculation are Au: 95.5%, Ag: 92.9%, Pb: 89.2%, Zn: 93.8% and Cu 90.8%. These recovery values are derived from batch metallurgical testing used to estimate recoveries of Silver Hill ores, completed in 1988. Individual metal values in the results table are composited values and not factored by recovery. Metal recoveries are applied to their respective component of the AgEq calculation only.
Qualified Person
All scientific and technical information has been reviewed and approved by Darcy Vis, B.Sc., P.Geo., President of Tripoint Geological Services Ltd., a contractor of the Company, and a Qualified Person as defined under National Instrument ("NI") 43-101 - Standards of Disclosure for Mineral Projects.
Silver Hill Project
Located in the Carolina Terrane, the property is underlain by volcaniclastic and volcano-sedimentary rocks predominantly of Neoproterozoic and Cambrian age. Current interpretations suggest this terrane is an extension of the Avalon Terrane. The property is 1,225 acres located in Davidson County, North Carolina. As the first significant discovery and first silver-producing mine in America, the property is supported by an extensive historic dataset, including drillhole data, underground mapping, historic dumps and underground chip samples. Currently known mineralization extends to 550m from surface, in a steeply trending series of lenses, which remain open in multiple directions.
Byrd-Pilot Mountain Project
The Byrd-Pilot Mountain Project is located in central North Carolina within the Carolina Terrane. Initial USGS surveys in the 1980s identified the area as a potential host for a porphyry gold-copper system. Subsequent exploration demonstrated broad gold mineralization in soils, trenches, and shallow RC drilling, coincident with strong self-potential anomalies. Geology shows intense quartz-sericite-pyrite alteration, high-sulfidation signatures, and high-alumina minerals (like Haile and Brewer deposits to the south), suggesting potential for a large epithermal or porphyry-related gold system. Geologic modelling of currently identified mineralization indicates an east-west trend open in multiple directions, with oxidation noted down to a depth of 30m. No drilling has tested the Meridian discovery zone since those 1980s campaigns, leaving potential for significant resource expansion through work commitments of the agreement.
Investor Relations Agreement
The Company has entered into an agreement dated August 1, 2026 with North Star Investor Relations Inc. ("North Star") pursuant to which the Company has engaged the services of North Star to provide investor relations and marketing services, beginning on August 1, 2026 and ending June 30, 2027.
Pursuant to the Agreement, North Star will receive a monthly payment of C$8,000 and 250,000 stock options to be granted in January 2027 at a price to be determined on the date of grant. The options shall be valid for a two year term and vest quarterly over one year. North Star does not currently own any interest, directly or indirectly, in the Company or its securities. North Star's address is 130 King Street West, Toronto, ON, M5X 2A2 (phone: (416) 842-9003, email: [email protected]). North Star and its directors and officers are arm's length from the Company.
About Metalsource Mining Inc.
Metalsource Mining Inc. is a U.S.-focused precious and critical metals exploration company advancing the Silver Hill Project in North Carolina, widely recognized as America's first silver mine. A historically producing mining district dating back to 1839, Silver Hill produced silver, gold, lead and zinc during the formative years of the American mining industry and remains one of the most historically significant mining assets in the United States.
The Company is focused on expanding known mineralization, advancing toward a modern resource estimate, and unlocking the broader potential of the Silver Hill district through systematic drilling, geological modeling and modern exploration techniques.
Cautionary Note About Forward-Looking Statements
This news release may include forward-looking statements that are subject to risks and uncertainties. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections, or conclusions will not prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company's public filings under the Company's SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.
Neither the CSE nor the Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/308328
Source: Metalsource Mining Inc.
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Insmed (INSM - Free Report) came out with a quarterly loss of $0.52 per share versus the Zacks Consensus Estimate of a loss of $0.69. This compares to a loss of $1.7 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +24.64%. A quarter ago, it was expected that this biopharmaceutical developing inhaled treatments for patients battling rare lung diseases would post a loss of $0.9 per share when it actually produced a loss of $0.76, delivering a surprise of +15.56%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Insmed, which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $425.49 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 9.18%. This compares to year-ago revenues of $107.42 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Insmed shares have lost about 43.1% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Insmed?While Insmed has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Insmed was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.52 on $461.86 million in revenues for the coming quarter and -$2.43 on $1.69 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Biomedical and Genetics is currently in the top 44% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Eton Pharmaceuticals, Inc. (ETON - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 13.
This company is expected to post quarterly earnings of $0.13 per share in its upcoming report, which represents a year-over-year change of +230%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Eton Pharmaceuticals, Inc.'s revenues are expected to be $27.22 million, up 43.8% from the year-ago quarter.
LifeStance Health Group vykázala za čtvrtletí zisk 0,06 USD na akcii, nad odhadem 0,03 USD. Tržby dosáhly 435,35 milionu USD a také překonaly očekávání.
LifeStance Health Group (LFST - Free Report) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to a loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +100.00%. A quarter ago, it was expected that this outpatient mental health services provider would post earnings of $0.01 per share when it actually produced earnings of $0.04, delivering a surprise of +300%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
LifeStance Health, which belongs to the Zacks Medical - Outpatient and Home Healthcare industry, posted revenues of $435.35 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 5.08%. This compares to year-ago revenues of $345.31 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
LifeStance Health shares have added about 47.3% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for LifeStance Health?While LifeStance Health has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for LifeStance Health was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.03 on $414.85 million in revenues for the coming quarter and $0.12 on $1.66 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Outpatient and Home Healthcare is currently in the top 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Aveanna Healthcare (AVAH - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 13.
This home health care services provider is expected to post quarterly earnings of $0.17 per share in its upcoming report, which represents a year-over-year change of -5.6%. The consensus EPS estimate for the quarter has been revised 6.7% higher over the last 30 days to the current level.
Aveanna Healthcare's revenues are expected to be $647.08 million, up 9.8% from the year-ago quarter.
FS KKR Capital oznámila zisk 0,43 USD na akcii a výnosy 290 milionů USD za čtvrtletí, obojí nad odhady. Meziročně se zisk zlepšil ze ztráty 0,6 USD na akcii.
FS KKR Capital (FSK - Free Report) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to a loss of $0.6 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +4.88%. A quarter ago, it was expected that this business development company would post earnings of $0.44 per share when it actually produced earnings of $0.41, delivering a surprise of -6.82%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
FS KKR Capital, which belongs to the Zacks Financial - SBIC & Commercial Industry industry, posted revenues of $290 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.31%. This compares to year-ago revenues of $398 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
FS KKR Capital shares have lost about 25.5% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for FS KKR Capital?While FS KKR Capital has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for FS KKR Capital was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.41 on $285.25 million in revenues for the coming quarter and $1.64 on $1.16 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - SBIC & Commercial Industry is currently in the bottom 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
PennantPark (PNNT - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 10.
This business development company is expected to post quarterly earnings of $0.14 per share in its upcoming report, which represents a year-over-year change of -22.2%. The consensus EPS estimate for the quarter has been revised 2.3% lower over the last 30 days to the current level.
PennantPark's revenues are expected to be $25.39 million, down 14.1% from the year-ago quarter.
Equinix uzavřel s Central Georgia EMC 20letou smlouvu, v níž zaplatí veškeré náklady na modernizaci sítě pro projekt v Hamptonu v Georgii. Cílem je chránit odběratele před náklady na infrastrukturu.
New contract model has Equinix cover full costs of transmission and power infrastructure, backed by a 20-year take-or-pay agreement for the Hampton, Ga. project
, /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company® and regional, not-for-profit utility cooperative Central Georgia Electric Membership Corporation (CGEMC) announced a new partnership to protect Hampton, Ga. ratepayers and surrounding communities. In keeping with the company's commitment to President Trump's Ratepayer Protection Pledge, Equinix will cover all grid infrastructure improvements and fund new transmission and power capacity needed to support growth and improve regional grid reliability and affordability for decades to come.
"The United States needs bold infrastructure investment, and we're proud to support efforts to drive economic growth and cutting-edge innovation while protecting ratepayers every step of the way," said Equinix Senior Vice President of Global Energy Adrian Anderson. "Our investment in Georgia shows the power of this idea in action. We've covered costs through an agreement that is locked in for more than 20 years, giving the community the certainty they can count on."
The agreement outlines that Equinix will cover any financial obligations CGEMC takes on for grid upgrades and new generation supply for the Hampton project, including unforeseen or shifting costs, guaranteeing that ratepayers are never left to pay costs associated with the project. Equinix will also supply up-front payments for the initial grid upgrade costs, covering a new high-voltage substation and two new high-voltage transmission lines, and early site assessments, modeling and engineering work. To lock in these provisions, Equinix and CGEMC have entered a 20-year "take-or-pay" style contract, meaning Equinix will pay 100% of CGEMC's costs for serving the contracted demand of the Hampton facility.
"This agreement with Equinix is a model for how utilities and data centers can come together to meet new power requests responsibly and fulfill President Trump's Ratepayer Protection Pledge," said CGEMC President & CEO George L. Weaver. "With this agreement in place, CGEMC can improve the reliability of our system, deliver economic opportunity to the region, and ensure large new customers are paying their fair share."
Equinix has been part of the metro Atlanta community for more than 15 years. Through the Hampton project, it will contribute up to $20 million annually in property tax revenue to the community, funding schools and emergency services, and will create more than 990 jobs from across the local economy. In 2023 alone, its presence contributed $23 million to household incomes in Atlanta from employment and value chain spend. The project will also extend Equinix's Pathways to Tech program to the region, which educates local students about careers in the data center industry. In 2025, Equinix hosted more than 60 data center tours and education sessions to engage over 1,800 students across 32 locations.
"Companies like Equinix are helping our state and nation stay at the forefront of innovative technology," said Georgia Governor Brian Kemp. "By partnering with Central Georgia EMC in this way, they are making key investments in the local community and protecting ratepayers at the same time."
"Hampton is proud to welcome this kind of responsible, long-term investment in our community," said Mayor Ann Tarpley. "Equinix's commitment to covering these infrastructure costs upfront means our residents and local businesses get the benefits of growth, new jobs, stronger schools, and a more reliable grid, without carrying the financial burden. This is exactly the kind of partnership that helps a city like ours grow the right way."
This agreement builds off Equinix's partnerships with PG&E in San Jose, Calif. and ComEd in Northern Illinois and can serve as a model for other projects across the country.
Additional Resources
Equinix Together: Our five principles of community investment Blog: We're not just building data centers. We're building communities. About Equinix
Equinix, Inc. (Nasdaq: EQIX) shortens the path to boundless connectivity anywhere in the world. Its digital infrastructure, data center footprint and interconnected ecosystems empower innovations that enhance our work, life and planet. Equinix connects economies, countries, organizations and communities, delivering seamless digital experiences and cutting-edge AI—quickly, efficiently and everywhere.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, risks to our business and operating results related to the current inflationary environment; foreign currency exchange rate fluctuations; stock price fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of building and operating IBX® and xScale® data centers, including those related to sourcing suitable power and land, and any supply chain constraints or increased costs of supplies; the challenges of developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; risks related to regulatory inquiries or litigation; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
Lamar Advertising vykázala za 2. čtvrtletí FFO ve výši 2,4 USD na akcii, nad odhadem 2,3 USD. Tržby dosáhly 616,75 milionu USD a také překonaly očekávání.
Lamar Advertising (LAMR - Free Report) came out with quarterly funds from operations (FFO) of $2.4 per share, beating the Zacks Consensus Estimate of $2.3 per share. This compares to FFO of $2.22 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of +4.35%. A quarter ago, it was expected that this outdoor and transit advertising company would post FFO of $1.57 per share when it actually produced FFO of $1.72, delivering a surprise of +9.55%.
Over the last four quarters, the company has surpassed consensus FFO estimates four times.
Lamar, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $616.75 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.44%. This compares to year-ago revenues of $579.31 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
Lamar shares have added about 25% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Lamar?While Lamar has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Lamar was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus FFO estimate is $2.35 on $614.19 million in revenues for the coming quarter and $8.81 on $2.38 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the top 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
National Health Investors (NHI - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 10.
This health care real estate investment trust is expected to post quarterly earnings of $1.26 per share in its upcoming report, which represents a year-over-year change of +3.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
National Health Investors' revenues are expected to be $118 million, up 30.2% from the year-ago quarter.
Maximus (MMS - Free Report) came out with quarterly earnings of $2.22 per share, beating the Zacks Consensus Estimate of $2.2 per share. This compares to earnings of $2.16 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +0.91%. A quarter ago, it was expected that this government health services provider would post earnings of $1.98 per share when it actually produced earnings of $2.07, delivering a surprise of +4.55%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Maximus, which belongs to the Zacks Government Services industry, posted revenues of $1.28 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 3.2%. This compares to year-ago revenues of $1.35 billion. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Maximus shares have lost about 26.8% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Maximus?While Maximus has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Maximus was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.30 on $1.31 billion in revenues for the coming quarter and $8.43 on $5.29 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Government Services is currently in the top 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the broader Zacks Business Services sector, Klarna (KLAR - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 18.
This Swedish buy now, pay later company is expected to post quarterly loss of $0.07 per share in its upcoming report, which represents a year-over-year change of +50%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Klarna's revenues are expected to be $987.94 million, up 20% from the year-ago quarter.
US Foods (USFD - Free Report) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.11%. A quarter ago, it was expected that this company would post earnings of $0.82 per share when it actually produced earnings of $0.78, delivering a surprise of -4.88%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
US Foods, which belongs to the Zacks Food - Miscellaneous industry, posted revenues of $10.53 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.67%. This compares to year-ago revenues of $10.08 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
US Foods shares have added about 33.4% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for US Foods?While US Foods has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for US Foods was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.25 on $10.58 billion in revenues for the coming quarter and $4.63 on $41.43 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Food - Miscellaneous is currently in the bottom 16% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Campbell's (CPB - Free Report) , another stock in the same industry, has yet to report results for the quarter ended July 2026.
This maker of canned soup, Pepperidge Farm cookies and V8 juice is expected to post quarterly earnings of $0.40 per share in its upcoming report, which represents a year-over-year change of -35.5%. The consensus EPS estimate for the quarter has been revised 7.3% lower over the last 30 days to the current level.
Campbell's' revenues are expected to be $2.16 billion, down 7.1% from the year-ago quarter.
ACI Worldwide (ACIW - Free Report) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.88%. A quarter ago, it was expected that this maker of software for electronic payments would post earnings of $0.45 per share when it actually produced earnings of $0.61, delivering a surprise of +35.56%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
ACI Worldwide, which belongs to the Zacks Computer - Software industry, posted revenues of $430.42 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.17%. This compares to year-ago revenues of $401.26 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
ACI Worldwide shares have added about 20.9% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for ACI Worldwide?While ACI Worldwide has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for ACI Worldwide was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.92 on $417.9 million in revenues for the coming quarter and $3.46 on $1.9 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Computer - Software is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Intuit (INTU - Free Report) , has yet to report results for the quarter ended July 2026. The results are expected to be released on August 25.
This maker of TurboTax, QuickBooks and other accounting software is expected to post quarterly earnings of $3.59 per share in its upcoming report, which represents a year-over-year change of +30.6%. The consensus EPS estimate for the quarter has been revised 0.2% higher over the last 30 days to the current level.
Intuit's revenues are expected to be $4.27 billion, up 11.5% from the year-ago quarter.
Papa John's (PZZA - Free Report) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +6.98%. A quarter ago, it was expected that this pizza chain would post earnings of $0.4 per share when it actually produced earnings of $0.32, delivering a surprise of -20%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Papa John's, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $482.4 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.02%. This compares to year-ago revenues of $529.17 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Papa John's shares have lost about 22.7% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Papa John's?While Papa John's has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Papa John's was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.28 on $475.69 million in revenues for the coming quarter and $1.47 on $1.91 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Restaurants is currently in the bottom 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Aramark (ARMK - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 11.
This provider of food, facilities and uniform services is expected to post quarterly earnings of $0.48 per share in its upcoming report, which represents a year-over-year change of +20%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Aramark's revenues are expected to be $4.95 billion, up 6.9% from the year-ago quarter.
Advanced Drainage Systems (WMS) oznámila zisk 2,49 USD na akcii a tržby 1 miliardu USD za čtvrtletí, obojí nad odhady. Zisk na akcii byl meziročně vyšší než 1,95 USD.
Advanced Drainage Systems (WMS - Free Report) came out with quarterly earnings of $2.49 per share, beating the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $1.95 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +13.70%. A quarter ago, it was expected that this maker of water drainage systems and pipes would post earnings of $1 per share when it actually produced earnings of $1.07, delivering a surprise of +7%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Advanced Drainage, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $1 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.48%. This compares to year-ago revenues of $829.88 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Advanced Drainage shares have added about 3.3% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Advanced Drainage?While Advanced Drainage has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Advanced Drainage was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.94 on $942.69 million in revenues for the coming quarter and $6.55 on $3.45 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Miscellaneous is currently in the top 44% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Janus International Group, Inc. (JBI - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 11.
This company is expected to post quarterly earnings of $0.13 per share in its upcoming report, which represents a year-over-year change of -35%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Janus International Group, Inc.'s revenues are expected to be $235.9 million, up 3.4% from the year-ago quarter.
Radiant Logistics spustila nový nezávislý agentský program pro Radiant Road & Rail v oblasti zprostředkování silniční přepravy a intermodální přepravy. Prvními agentskými partnery jsou Travis Tackett a Ryan Knight.
Two-decade track record of building the freight forwarding industry's premier agent network now extends to truck brokerage and intermodal markets, giving agency owners a built-in path to long-term liquidity
, /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, today announced the launch of a new independent agent program at Radiant Road & Rail, Inc., the Company's U.S. over-the-road and intermodal brokerage platform. The program extends the same agent-based growth strategy that has been central to Radiant's freight forwarding business, Radiant Global Logistics, to a new population of strategic operating partners operating in the truck brokerage and intermodal market, bringing the same built-in path to ownership and long-term liquidity that has long distinguished Radiant's freight forwarding agent model. The launch is anchored by the addition of two initial agency owners, Travis Tackett and Ryan Knight.
Since entering the freight forwarding business in 2006 with the acquisition of Airgroup, Radiant has built one of the industry's leading agent-based networks through a series of acquisitions, including Adcom Worldwide (2008), Distribution By Air (2011) and Service By Air (2015), along with the organic addition of dozens of independent agent locations across North America. Today, that platform gives owner-operators and independent sales professionals in the freight forwarding world access to enterprise-grade technology, purchasing power, back-office support and a path to build long-term equity value in their business. This includes, when the time comes, a built-in exit strategy whereby Radiant will buy in the agent.
The new Radiant Road & Rail agent program is designed to bring that same value proposition to entrepreneurs in the agent-based truck brokerage ecosystem. Agents gain access to Radiant's carrier base, technology platform, back-office infrastructure and bi-modal service offering spanning truckload, less-than-truckload, temperature-controlled, intermodal, drayage and transloading services.
The platform also gives agents a meaningful edge with their customers. Rather than being limited to truck brokerage alone, they can now offer intermodal services along with international air and ocean freight forwarding, customs brokerage and other value-added services through the broader Radiant network.
Just as importantly, it gives agency owners a clear, structured path to monetize the value of the business they build. That built-in succession and liquidity opportunity is one of the most distinctive features of the Radiant model.
"Our goal at Radiant has always been to be the preferred platform for logistics entrepreneurs," said Bohn Crain, Founder, Chairman and CEO of Radiant Logistics. "For twenty years, we've proven that mission through the growth of our freight forwarding agent network, where we provide our strategic operating partners with the resources to grow their business, as well as a built-in exit strategy when they are ready for one. We have long believed that same model can work equally well in the truck brokerage and intermodal space. With the launch of Radiant Road & Rail's agent program, we will be giving talented, customer-focused operators the platform, technology and support to build their own business under the Radiant umbrella, with a clear path to monetizing what they've built, and we are excited to bring that opportunity to a new community of entrepreneurs."
"Radiant Road & Rail has spent the past several years building the technology, carrier relationships and operational depth needed to compete at the highest levels of the brokerage business," said Chris Brach, SVP and General Manager of Radiant Road & Rail. "Over that time, we've built out our over-the-road brokerage offering using Revenova as our transportation management system and are pleased to now have the opportunity to open up the full capabilities of the Road & Rail platform to independent agents who want the autonomy of running their own business without having to build the infrastructure behind it themselves."
"Whether someone is an established agent looking for a stronger platform, or an experienced sales or operations professional ready to build something of their own, we are here to support them every step of the way. Just as importantly, we can offer a proven path to an eventual exit, backed by the resources of a publicly traded company with a two-decade history of supporting logistics entrepreneurs," said Brach.
With 14 years of experience in the transportation and brokerage industry, Travis Tackett will be servicing customers across the United States moving produce. "We view this as a unique opportunity to leverage the capabilities of the Radiant network to help drive value for our customers and ultimately help us take our business to the next level," said Tackett.
Ryan Knight, with over 13 years of industry experience, will also be servicing customers across the United States and specializes in moving oversized and heavy, hard-to-handle freight. "We are very excited to be joining the Radiant network," said Knight. "The Radiant team has a real appreciation for the needs of local owner-entrepreneurs and a clear and achievable plan for building a world-class logistics organization. The combination of people, process, technology and network is unique in the marketplace and represents a compelling opportunity for our organization."
Radiant Road & Rail's agent program is built around the following core offerings:
Access to Radiant Road & Rail's carrier network and pricing power across truckload, LTL, intermodal, drayage and temperature-controlled freight A technology-enabled operating platform supporting quoting, tracking, carrier management and customer-facing tools Centralized back-office support, including billing, collections, claims and compliance A clear path to building long-term, transferable equity value in an independent agency business, supported by Radiant's built-in exit strategy to monetize what they've built and achieve liquidity on their own timeline The ability to cross-sell international air and ocean freight forwarding, customs brokerage and other value-added services through Radiant's broader network Radiant is actively recruiting experienced logistics entrepreneurs, including current agents seeking a stronger platform, regional brokerages, and sales-driven operators, to join the Radiant Road & Rail network.
For more information, visit rrs.radiantdelivers.com or contact Chris Brach at 630.427.3075 or [email protected].
About Radiant Road & Rail, Inc.
Radiant Road & Rail, Inc. (rrs.radiantdelivers.com) is a wholly owned subsidiary of Radiant Logistics, Inc. and serves as the platform for the Radiant Network's U.S. intermodal and over-the-road brokerage service offering. Originally founded in 1938 as Clipper Exxpress, the company was a pioneering intermodal service provider, offering "piggyback" rail transportation by contracting flat space on rail cars to transport semi-trailers across the continent. Over its 85-plus year history, Radiant Road & Rail has evolved into a leader in intermodal, over-the-road and temperature-controlled transportation services, leveraging decades of mode-optimization experience to offer rail as a valuable, eco-friendly mode of on-time, long-distance transportation throughout the United States, Canada and Mexico.
About Radiant Logistics, Inc.
Radiant Logistics, Inc. (www.radiantdelivers.com) (NYSE American: RLGT) is a publicly traded third-party logistics company providing technology-enabled global transportation and value-added logistics solutions primarily to customers based in the United States and Canada. Through its comprehensive service offering, Radiant provides domestic and international freight forwarding along with truck and rail brokerage services to a diversified account base including manufacturers, distributors and retailers, which it supports from an extensive network of Company-owned and agent-owned offices throughout North America and other key markets around the world.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding future operating performance, events, trends and plans, including statements with respect to the anticipated growth and benefits of the Company's new agent program at Radiant Road & Rail. Such statements are based on current expectations and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Additional information concerning these risks and uncertainties is contained in the Company's filings with the Securities and Exchange Commission. Radiant undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law.
Kenvue za 2. čtvrtletí vykázala zisk 0,31 USD na akcii, což je pod odhadem 0,32 USD. Tržby ve výši 3,96 miliardy USD také mírně zaostaly za očekáváním.
Kenvue (KVUE - Free Report) came out with quarterly earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -3.13%. A quarter ago, it was expected that this consumer health company would post earnings of $0.27 per share when it actually produced earnings of $0.32, delivering a surprise of +18.52%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Kenvue, which belongs to the Zacks Consumer Products - Staples industry, posted revenues of $3.96 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 0.86%. This compares to year-ago revenues of $3.84 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Kenvue shares have added about 14% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Kenvue?While Kenvue has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Kenvue was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.30 on $3.9 billion in revenues for the coming quarter and $1.16 on $15.6 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Products - Staples is currently in the bottom 18% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Ollie's Bargain Outlet (OLLI - Free Report) , another stock in the same industry, has yet to report results for the quarter ended July 2026.
This retailer is expected to post quarterly earnings of $1.15 per share in its upcoming report, which represents a year-over-year change of +16.2%. The consensus EPS estimate for the quarter has been revised 2.4% lower over the last 30 days to the current level.
Ollie's Bargain Outlet's revenues are expected to be $761.06 million, up 12% from the year-ago quarter.
Douglas Emmett ve 2. čtvrtletí uzavřel téměř 960 tisíc čtverečních stop kancelářských nájmů a refinancoval dva úvěry za 400 milionů USD a 415 milionů USD. Výnosy vzrostly na 257 milionů USD.
Douglas Emmett NYSE: DEI reported a busy second quarter marked by stronger office leasing, a Beverly Hills medical-office acquisition, progress on redevelopment projects and more than $800 million of debt refinancing.
Chairman and CEO Jordan Kaplan said the company advanced each of its four strategic priorities: leasing office space, acquiring properties at attractive prices, redeveloping assets and refinancing debt maturities. Douglas Emmett signed approximately 960,000 square feet of office leases during the quarter and generated roughly 60,000 square feet of positive absorption.
“Healthy office rents and low concessions” helped the company execute new leases that were 3% more valuable than the expiring leases they replaced, Kaplan said. He added that most of the benefit from the quarter’s leasing activity will be realized over the next 12 months.
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Office leasing momentum builds Vice President of Investor Relations Stuart McElhinney said Douglas Emmett completed 234 office leases totaling just under 960,000 square feet in the second quarter. The activity included 93 new leases spanning more than 375,000 square feet and 141 renewal leases covering more than 584,000 square feet.
The straight-line value of leases signed during the quarter increased 3.2% from the prior leases for the same space. The company’s typical fixed annual rent escalations of 3% to 5% continued to offset lower initial cash rents, McElhinney said. Lease transaction costs averaged $5.35 per square foot per year, which he described as well below office-sector benchmarks.
Management said leasing momentum has now continued for three consecutive quarters. McElhinney characterized the first quarter as more influenced by larger transactions, while the second quarter reflected more typical activity among tenants leasing more than 10,000 square feet. Kaplan said he was encouraged by the company’s leasing performance and by what he described as favorable momentum heading into the second half of the year.
During the question-and-answer session, Kaplan said demand has improved among larger tenants, while smaller tenants had continued leasing at a relatively consistent pace. McElhinney said demand remained diversified across the company’s major tenant categories, including legal, financial services, real estate and entertainment. He said entertainment leasing has been strong despite industry headlines.
Management also highlighted the gap between leased and occupied space, which was about 470 basis points. Kaplan said a wider spread reflects fast leasing activity, although it also means revenue recognition and occupancy gains will occur over time as tenants complete buildouts and take possession.
Studio Plaza enters in-service portfolio Douglas Emmett moved Studio Plaza in Burbank from development to its in-service portfolio after leasing the property to well over 50%. However, management said first-generation tenant buildouts will take time, widening the gap between leased and occupied space for the next several quarters.
Because Studio Plaza’s occupancy remains below the company’s broader office portfolio average, its inclusion will reduce reported office leased and occupied percentages until the property reaches or exceeds that average. The company lowered its full-year office occupancy guidance range to 75% to 77%, solely due to including Studio Plaza for the full year, Chief Financial Officer Peter Seymour said.
Kaplan said Studio Plaza has no debt and that most of its metrics had already been included in company reporting. He said the primary effect of moving the asset into service relates to leasing and occupancy statistics. McElhinney added that Studio Plaza’s operating performance contributed to improved operating-income expectations.
Acquisition and redevelopment activity In April, Douglas Emmett and joint venture partners acquired The Bedford Collection, a five-building, 246,000-square-foot medical-office portfolio in Beverly Hills’ Golden Triangle, for $260 million. The portfolio was described as extremely well leased.
The joint venture was capitalized with $150 million of equity and $130 million of debt. Douglas Emmett manages the venture and holds a 13.3% equity interest.
Kaplan said the company is pursuing additional acquisitions, including potentially sizable office opportunities, and sees attractive pricing for high-quality office assets. He said the company’s estimated 10-year all-cash internal rates of return on opportunities under consideration were “probably coming in 10% or better,” excluding the economics of joint-venture structures.
He said the company is more focused on office acquisitions than apartment acquisitions, as apartments continue to trade at comparatively low capitalization rates. Douglas Emmett’s residential portfolio remained more than 99% leased, while cash same-property residential net operating income rose 2% from the prior-year quarter.
On redevelopment, Kaplan said apartment projects remain on track to add more than 1,000 units. He also said the company has slowed the timing of a redevelopment at 10900 Wilshire while evaluating interest from potential large office tenants. The project is still expected to include residential space, he said, but could potentially become mixed use if office leasing opportunities materialize.
Financial results and debt refinancing Second-quarter revenue increased to $257 million from $252 million in the second quarter of 2025. Funds from operations increased but remained rounded to $0.37 per share, while adjusted funds from operations rose to $56 million from $54 million. Same-property cash net operating income declined 1.2% for the quarter.
Seymour said general and administrative expense represented about 4.9% of revenue, which he said remained the lowest level among the company’s benchmark group.
Douglas Emmett refinanced two office loans scheduled to mature later in the year. In May, it refinanced a $400 million loan for four years and effectively fixed its interest rate at 6.15% through June 2029. In June, it refinanced a $415 million loan for four years and effectively fixed the rate at 6.18% through July 2029.
The company improved its operating-income outlook but said higher market interest rates were expected to more than offset that improvement. Douglas Emmett now expects 2026 diluted net income per common share of negative $0.20 to negative $0.16 and fully diluted FFO per share of $1.39 to $1.43.
Kaplan said management is evaluating ways to manage its exposure to higher interest costs as loans approach refinancing. He emphasized that the company maintains equity across its properties and said no buildings or ownership interests were jeopardized by its debt position.
About Douglas Emmett (NYSE:DEI)Douglas Emmett, Inc is a publicly traded real estate investment trust headquartered in Santa Monica, California. The company specializes in the ownership, management and development of high‐quality office and multifamily properties, primarily concentrated in the coastal regions of Los Angeles County and the Greater Honolulu area. As a vertically integrated real estate platform, Douglas Emmett controls all aspects of property operations, leasing, capital improvements and tenant relations, positioning it to deliver stable, long‐term cash flows.
The company's office portfolio consists predominantly of Class A buildings located in prime business districts, featuring modern amenities, campus-like settings and environmentally conscious design elements.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.
Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.
Stříbro XAG/USD po průrazu nad 50denní klouzavý průměr na 62,36 USD znovu oslabilo a návrat pod tuto úroveň naznačuje možný bull trap. Trh teď čeká na páteční payrolls.
Daily Spot Silver (XAG/USD) Spot silver is edging lower Thursday after hitting its highest level since July 6 at $62.91. At first, the breakout over the 50-day moving average at $62.36 suggested the buying was getting stronger. However, the sudden reversal and break back under the 50-day moving average suggest the move may have been a bull trap.
The 50-day moving average, today’s intraday high at $62.91 and the July 6 swing top at $63.28 are now resistance levels.
The first downside target is the long-term 50% level at $60.835. If a test of this level fails to bring in buyers, look for a potential break into the retracement zone at $58.84 to $57.89.
Since the swing chart trend indicator turned up Wednesday, traders may have shifted into buy-the-dip mode. The first area they are likely to defend is $60.835, followed by $58.84 to $57.89. They are likely to remain in this mode until the swing bottom at $56.64 is violated.
A sustained move over the intraday high at $62.91 could trigger a test of $63.28. Taking out this swing top would reaffirm the uptrend and put the 200-day moving average at $71.01 on the radar.
What to Watch Silver ran hard for two sessions on lower oil, a falling dollar and shrinking rate-hike odds. All three stalled Thursday and the metal is pulling back from the overnight high. The rally was a macro relief trade and macro relief trades need the relief to continue. Friday’s payrolls is the catalyst. Soft hiring and weaker wages keep the dollar under pressure and give silver room to hold above the breakout. Firm wages and solid hiring put the September trade back together and the pullback from $62.91 has further to go.
The breakout above the 50-day moving average failed to hold and that is a concern. Buyers who shifted into buy-the-dip mode after Wednesday’s trend change have to defend the first support area or the rally loses credibility fast. A strong jobs number on top of a failed breakout gives sellers everything they need.
Intellia Therapeutics vykázala ve čtvrtletí končícím v červnu 2026 ztrátu 0,8 USD na akcii v souladu s odhady, ale tržby 7,66 mil. USD zaostaly za očekáváním o 47,22 %.
Intellia Therapeutics, Inc. (NTLA - Free Report) came out with a quarterly loss of $0.8 per share in line with the Zacks Consensus Estimate. This compares to a loss of $0.99 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this company would post a loss of $0.92 per share when it actually produced a loss of $0.81, delivering a surprise of +11.96%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Intellia Therapeutics, which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $7.66 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 47.22%. This compares to year-ago revenues of $14.24 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Intellia Therapeutics shares have added about 22% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Intellia Therapeutics?While Intellia Therapeutics has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Intellia Therapeutics was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.80 on $14.41 million in revenues for the coming quarter and -$3.18 on $62.06 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Biomedical and Genetics is currently in the top 44% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Caribou Biosciences, Inc. (CRBU - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026.
This company is expected to post quarterly loss of $0.33 per share in its upcoming report, which represents a year-over-year change of +5.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Caribou Biosciences, Inc.'s revenues are expected to be $2.5 million, down 6.4% from the year-ago quarter.
Honeywell Aerospace ve své první zprávě po odštěpení snížil celoroční výhled organického růstu tržeb na 4 % až 5 % a pro forma standalone očištěného EBIT na 4,35–4,45 mld. USD, meziročně beze změny až +3 %, kvůli problémům v dodavatelském řetězci. Akcie HONA klesají o 21,5 %.
Letecká a obranná společnost Honeywell Aerospace reportovala výsledky hospodaření za druhé čtvrtletí roku 2026 – první report od svého odštěpení od Honeywell International. Firma zároveň výrazně snížila celoroční výhled organického růstu tržeb i očištěného provozního zisku (EBIT), a to kvůli problémům v dodavatelském řetězci.
Výsledky společnosti Honeywell Aerospace (HONA) za 2Q 2026 2Q 2026 Konsensus 2Q 2026 2Q 2025 Tržby (mld. USD) 4,52 4,57 4,29 Čistý zisk (mld. USD) 0,26 -- 0,85 Očištěný zisk na akcii (EPS, USD/akcie) 1,87 1,98 2,75 Výsledky za 2Q Tržby dosáhly 4,52 mld. USD, meziročně vzrostly o 5 % jak na vykázané, tak na organické bázi, a mírně zaostaly za odhadem analytiků (4,57 mld. USD).
Očištěný provozní zisk dosáhl 995 mil. USD, meziročně pokles o 7 %, oproti odhadu 1,17 mld. USD. Výsledek zahrnoval přibližně 100 mil. USD nákladů souvisejících s odštěpením a odpisy zastaralých zásob.
Čistý zisk klesl na 256 mil. USD z 852 mil. USD ve stejném období loňského roku.
Objem zakázek (backlog) na konci čtvrtletí vzrostl na 18,15 mld. USD, meziročně o 9 %, přičemž zakázky za posledních dvanáct měsíců vzrostly o 8 %, taženy zejména segmentem obrany a vesmíru.
Tržby podle koncových trhů: Tržby ze segmentu komerčního servisu vzrostly o 8 % na 2,03 mld. USD, taženy poptávkou napříč instalovanou základnou včetně vyšších letových hodin v byznys letectví. Tržby z komerčních nových zařízení vzrostly o 6 % na 679 mil. USD. Tržby ze segmentu obrany a vesmíru vzrostly o 3 % na 1,82 mld. USD, když vyšší domácí objemy byly částečně kompenzovány nižšími mezinárodními objemy kvůli omezením v dodavatelském řetězci a útlumu jednoho vyhrazeného vládního programu.
Tržby ve 2Q 2026 podle koncových trhů, zdroj: Honeywell Aerospace
Výsledky dle segmentů: Tržby segmentu Elektronická řešení vzrostly o 8 % na 1,77 mld. USD, taženy silným výkonem obrany, vesmíru i komerčního servisu; segmentový očištěný zisk klesl o 3 % na 459 mil. USD. Tržby segmentu Motory a energetické systémy vzrostly o 1 % na 1,41 mld. USD; segmentový očištěný zisk klesl o 32 % na 174 mil. USD kvůli nepříznivému mixu a vyšším nákladům. Tržby segmentu Řídicí systémy vzrostly o 7 % na 1,34 mld. USD; segmentový očištěný zisk vzrostl o 8 % na 389 mil. USD.
Výsledky za 2Q 2026 dle segmentů, zdroj: Honeywell Aerospace
Výhled na FY 2026 Firma snížila výhled pro celý rok 2026 a nyní predikuje:
Organický růst tržeb 4 % až 5 % (dříve: 7 % až 9 %). Pro forma standalone očištěný zisk EBIT 4,35–4,45 mld. USD (dříve: 4,65–4,75 mld. USD). Meziroční růst pro forma standalone očištěného zisku EBIT beze změny až +3 % (dříve: +7 % až +10 %). Volný peněžní tok za druhé pololetí 1,0–1,5 mld. USD (beze změny). Komentář vedení Jim Currier, generální ředitel Honeywell Aerospace, uvedl: „Naše úspěšné odštěpení představuje důležitý milník a do této nové kapitoly vstupujeme se solidní dynamikou. V posledním čtvrtletí jako segment Honeywellu jsme dosáhli růstu tržeb ve středních jednotkách procent, jelikož výrazná poptávka zákazníků po našem klíčovém portfoliu pokračuje. Sekulární trendy napříč našimi koncovými trhy zůstávají silné, zatímco omezení v dodavatelském řetězci limitovala růst výstupu ve čtvrtletí.“
Currier dodal: „Pro druhou polovinu roku 2026 považujeme za rozumné přizpůsobit náš výhled prokázaným schopnostem našeho dodavatelského řetězce ke konci druhého čtvrtletí. Zároveň podnikáme strategické a taktické kroky nezbytné k tomu, abychom Honeywell Aerospace nasměrovali k zrychlujícímu růstu a přesvědčivým finančním výsledkům.“
Komentář analytiků Analytička Sheila Kahyaoglu z Jefferies (doporučení hold) uvedla, že první reakcí většiny investorů bude otázka, jak může letecká společnost růst pouze o 4 %, přičemž další vysvětlení nechává na vedení, které se soustředí na zvyšování výstupu a zlepšování dodavatelského řetězce. Zároveň poznamenala, že firma zatím nezaznamenala výraznější dopad na poptávku v souvislosti s konfliktem na Blízkém východě.
Analytik Ken Herbert z RBC Capital Markets (doporučení outperform) uvedl, že ziskovost byla ve čtvrtletí větším zklamáním. Poukázal na to, že společnost zahájila několik kroků v dodavatelském řetězci, včetně kvalifikace více než 50 nových dodavatelů a navýšení investic do dodavatelského nářadí o 20 %. Ocenění akcie podle něj zůstává atraktivní, přiznal však nedostatek katalyzátorů pro druhou polovinu roku.
Adam Crisafulli z Vital Knowledge označil snížení výhledu za obzvláště negativní vzhledem k obecně býčím výsledkům a výhledům většiny ostatních velkých leteckých společností, a to navíc v době prvního reportu Honeywell Aerospace jako samostatné společnosti.
Akcie Honeywell Aerospace Akcie Honeywell Aerospace Inc (HONA) klesají o 21,5 % na 159,84 USD Ukazatel Ukazatel Kapitalizace (mld. USD) 50,7 P/E -- Vývoj za letošní rok (%) -- Očekávané P/E 18,9 52týdenní minimum (USD) 150,0 Prům. cílová cena (USD) 247,3 52týdenní maximum (USD) 297,5 Dividendový výnos (%) -- Zdroj: Honeywell Aerospace, Bloomberg
GigaCloud Technology Inc. (GCT - Free Report) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +36.47%. A quarter ago, it was expected that this company would post earnings of $0.87 per share when it actually produced earnings of $1.04, delivering a surprise of +19.54%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
GigaCloud Technology Inc., which belongs to the Zacks Technology Services industry, posted revenues of $411.64 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 7.28%. This compares to year-ago revenues of $322.61 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
GigaCloud Technology Inc. shares have added about 17.7% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for GigaCloud Technology Inc.?While GigaCloud Technology Inc. has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for GigaCloud Technology Inc. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.10 on $380.5 million in revenues for the coming quarter and $4.18 on $1.53 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Technology Services is currently in the bottom 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Keel Infrastructure Corp (KEEL - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 10.
This company is expected to post quarterly loss of $0.08 per share in its upcoming report, which represents a year-over-year change of -300%. The consensus EPS estimate for the quarter has been revised 6.3% higher over the last 30 days to the current level.
Keel Infrastructure Corp's revenues are expected to be $34.95 million, down 55.1% from the year-ago quarter.
Fiserv oznámil zisk na akcii 1,84 USD, což je pod odhadem 1,89 USD, a tržby 4,96 miliardy USD také zaostaly za očekáváním. Akcie letos klesly asi o 19,4 %.
Fiserv (FISV - Free Report) came out with quarterly earnings of $1.84 per share, missing the Zacks Consensus Estimate of $1.89 per share. This compares to earnings of $2.47 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -2.65%. A quarter ago, it was expected that this financial services technology company would post earnings of $1.57 per share when it actually produced earnings of $1.79, delivering a surprise of +14.01%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Fiserv, which belongs to the Zacks Financial Transaction Services industry, posted revenues of $4.96 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 1.74%. This compares to year-ago revenues of $5.2 billion. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Fiserv shares have lost about 19.4% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Fiserv?While Fiserv has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Fiserv was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.16 on $5.26 billion in revenues for the coming quarter and $8.13 on $20.04 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial Transaction Services is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Usio Inc (USIO - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 12.
This company is expected to post quarterly loss of $0.01 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Usio Inc's revenues are expected to be $23.61 million, up 18.3% from the year-ago quarter.
SanDisk má osm víceletých smluv s klíčovými zákazníky s průměrnou délkou přes čtyři roky. Firma čeká, že pokryjí více než polovinu dodávek NAND ve fiskálním roce 2027 a zhruba dvě třetiny v roce 2028.
SanDisk Corp. (NASDAQ:SNDK) wants to break the cycle that has long defined its industry.
NAND memory has historically swung between shortages, oversupply and volatile pricing, making it difficult for suppliers and customers alike to plan beyond the next few quarters.
Replacing Quarterly Negotiations With Long-Term CommitmentsHistorically, NAND suppliers and customers have negotiated pricing and supply on a relatively short-term basis, leaving both sides exposed to sudden shifts in demand and pricing.
SanDisk’s new business models, or NBMs, establish multi-year purchase commitments with strategic customers. This gives the company clearer visibility into future demand while helping customers secure long-term supply for their infrastructure needs.
SanDisk now has eight NBMs in place with data center and edge customers, with a weighted average duration of more than four years. Management expects those agreements to account for more than half of its NAND shipments in fiscal 2027 and roughly two-thirds in fiscal 2028.
CEO David Goeckeler said the objective extends well beyond improving margins. “We want to get this kind of… boom and bust out of it. It doesn’t work for anybody,” Goeckeler said.
From Three Months of Visibility to Four YearsManagement believes the biggest benefit of the new approach is visibility.
Just a year ago, the company was planning around only a few months of committed demand. Today, those agreements provide years of forward visibility into customer requirements, allowing SanDisk to better align manufacturing, technology investments and capacity planning.
“A year ago we were talking about visibility in this business of three months and now we’re talking over four years of committed financials and understanding the mix,” Goeckeler said.
That visibility is particularly important as hyperscale customers continue investing in AI infrastructure, where storage requirements are expected to grow over multiple years rather than quarter by quarter.
Management also noted that some customers have already returned to increase their commitments only months after signing their initial agreements, reinforcing its confidence in long-term demand.
SanDisk: Longer-Term Customer Deals Reduce VolatilityGoeckeler said the new agreements have also changed the nature of SanDisk’s customer relationships.
“This used to be, quite frankly, just a supply chain conversation every quarter in a price negotiation,” he said, describing how discussions have evolved beyond transactional purchasing.
Today, he said, those conversations increasingly involve long-term planning with senior executives. “We are literally talking to the CFOs, the CEOs of the largest companies in the world,” Goeckeler said.
For investors, SanDisk isn’t arguing that the NAND market will suddenly stop being cyclical. Instead, management believes longer-term customer commitments and deeper strategic partnerships can reduce the volatility that has historically defined the industry, making the business more predictable than it has been in the past. It seems to have broken the boom-bust cycle.
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Western Digital, SanDisk a Micron prudce klesají po výprodeji v akciích firem z oblasti paměťových a úložných řešení. SanDisk přitom překonal odhady tržeb, ale jeho výhled na 1. čtvrtletí fiskálního roku 2027 zklamal.
Storage and memory stocks are selling off hard early Thursday. Western Digital (NASDAQ:WDC | WDC Price Prediction) shares are sliding 16% to $437, while SanDisk (NASDAQ:SNDK) stock is dropping 11% to $1,198. Meanwhile, Micron Technology (NASDAQ:MU) shares are falling 6% to $844.
The selloff extends across the group, with Seagate Technology (NASDAQ:STX) stock down 6% to $786 and the Roundhill Memory ETF (CBOE:DRAM) declining 7% to $50. Reuters reports the moves in early trading, and they arrive despite strong fiscal Q4 2026 results from both Western Digital and SanDisk after Wednesday’s close.
The read here is a straightforward expectations reset after enormous run-ups. Both companies beat revenue estimates, yet their outlooks failed to clear a sky-high bar set by year to date (YTD) gains that had SanDisk stock up 469% and Western Digital stock up 202% heading into the reports.
Beats Meet a Sky-High AI Memory Bar SanDisk delivered fiscal Q4 2026 non-GAAP EPS of $39.25 on revenue of $8.97 billion, with data-center revenue up 103% sequentially to $2.98 billion. The company’s full-year sales came in at $20.2 billion versus $7.4 billion a year ago.
The selloff trigger was SanDisk’s Q1 FY27 revenue guide of $10.3 billion to $10.8 billion, with the midpoint landing below the $10.8 billion consensus. CEO David Goeckeler said SanDisk now has over four years of demand visibility and signed five new long-term deals worth $94 billion in minimum revenue and $91 billion in remaining performance obligations.
Western Digital’s numbers were solid, including a Q1 revenue guide of $4.1 billion (plus or minus $100 million). Yahoo Finance’s Brian Sozzi said the “sell-off looks absurd” given the durability of the demand backdrop, and after a 202% YTD rip, solid was simply not enough for a stock priced for perfection.
Analysts Trim Targets but Stay Constructive UBS lowered its Western Digital stock price target to $525 from $560 while keeping a Neutral rating, noting results were solid and that it’s hard to turn negative given management’s beat-and-raise cadence. Barclays’ Tom O’Malley calls SanDisk stock attractive on a pullback.
Citi’s Asiya Merchant opened an upside 90-day view on SanDisk stock, framing the pullback as an entry rather than a break. RBC struck a more cautious tone, flagging lingering investor skepticism and warning that margins may be near peak with price growth moderating.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Grab the names FREE today.
The bull case for the group rests on multi-year AI storage demand, contracted revenue visibility, and expanding datacenter mix. The bear case is that margins are peaking, valuations are stretched after huge run-ups, and sequential guidance is starting to decelerate.
Memory ETF and Chip Peers Feel the Chill The Roundhill Memory ETF is a narrow thematic vehicle, and it shows today. Top three holdings Samsung Electronics, SK Hynix (NASDAQ:SKHY), and Micron represent 72% of net assets, which amplifies sector-wide moves in either direction.
Sympathy selling spilled into the broader semis complex. Intel (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD), and Marvell Technology (NASDAQ:MRVLl) shares are all slipping modestly, while SK Hynix stock fell 6% on foreign exchanges.
Investors sizing exposure through the Roundhill Memory ETF should note the concentration risk. A fund this top-heavy behaves less like a diversified sector bet and more like a leveraged wager on the three largest memory names.
What to Watch Now Prior to today’s drop, the group’s YTD scoreboard was truly extraordinary. Micron stock was up 213% YTD, Seagate stock had gained 205%, and Western Digital stock had rallied 202%.
The prediction markets on Polymarket assign an 85.5% probability that Micron stock closes above $700 by month-end, a sign that traders view the sympathy selloff as overdone. Options positioning tells a mixed story, with WDC’s full-chain put/call ratio at 0.82 and MU’s at 0.72.
Investors can watch for whether today’s selling absorbs into the regular session and for further analyst target trims to arrive. Micron’s fiscal Q4 2026 report in the coming weeks may be the next major catalyst for the memory group. Shareholders should consider keeping their position sizes modest given how much of the AI thesis is already priced in.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Grab the names FREE today.
X-energy uzavřela s Centrus konečnou dohodu o dodávkách LEU a HALEU pro program Xe-100. Dohoda má zajistit část počátečních potřeb paliva pro její komerční pipeline o výkonu 11,5 GW.
Definitive Agreement for Long-Term Supply of High-Assay, Low-Enriched Uranium (“HALEU”) Advances Commercialization for HALEU Enrichment and TRISO Fuel Fabrication ROCKVILLE, Md., Aug. 06, 2026 (GLOBE NEWSWIRE) -- X-Energy, Inc. (Nasdaq: XE) (“X-energy” or “the Company”), a leading developer of advanced nuclear reactors and fuel technology, and Centrus Energy Corp. (NYSE: LEU) (“Centrus”), a trusted supplier of nuclear fuel, services and technology, today announced a definitive agreement for Centrus to provide X-energy with enrichment services for Low-Enriched Uranium (“LEU”) and High-Assay Low-Enriched Uranium (“HALEU”). At full execution, the agreement meaningfully de-risks X-energy's Xe-100 project pipeline and would secure HALEU to support a portion of the initial fuel needs of X-energy’s 11.5 GW commercial pipeline.
The partnership combines the capabilities of the first two U.S. Nuclear Regulatory Commission-licensed HALEU fuel facilities in U.S. history, advancing commercialization of next-generation nuclear fuels across concurrent segments of the domestic fuel cycle. HALEU enriched by Centrus at the American Centrifuge Plant in Piketon, Ohio will be supplied to X-energy's fuel subsidiary TRISO-X, LLC (“TRISO-X”) for the fabrication of TRISO-X coated particle fuel at its fuel fabrication campus in Oak Ridge, Tennessee.
The agreement establishes terms for commitments operating under a phased approach to scale HALEU production in alignment with the advancement of X-energy’s commercial pipeline. This helps enable a stable, domestic supply of critical HALEU enrichment services for a portion of X-energy’s initial Xe-100 projects, ramping capacity over a period of years to support commercial-scale Xe-100, and TRISO-X fuel customer needs. X-energy previously secured the initial HALEU required to fuel its first Xe-100 project with Dow through the U.S. Department of Energy's HALEU Availability Program.
“X-energy is pleased to take the next step in our strategy to secure a portion of the HALEU our current and future customers will need to deploy advanced reactors at scale,” said X-energy CEO J. Clay Sell. “Our approach is to build a resilient, long-term fuel supply strategy by partnering with enrichment providers that are investing in new HALEU production capacity. Through our agreement with Centrus, X-energy has secured enrichment capacity that will support our customers' initial fuel needs through the market's transition to a robust commercial HALEU supply.”
Enriched to approximately 15.5% uranium-235, HALEU is the primary feedstock for X-energy's TRISO-X coated particle fuel, and by design enables the Xe-100 to operate more efficiently, achieve higher temperatures, extend operating cycles, and deliver greater performance than conventional reactors fueled with low-enriched uranium (< 5% U-235). These characteristics enable designs like the Xe-100 to provide both electricity, and process heat for industrial applications, expanding the total addressable market for nuclear technologies.
X-energy and TRISO-X have established one of the industry's most comprehensive commercial fuel supply strategies, anchored by the construction of its first fuel fabrication facility under the U.S. Department of Energy’s Advanced Reactor Demonstration Program. In February 2026, TRISO-X received a 40-year, Special Nuclear Material License from the U.S. Nuclear Regulatory Commission, the first new fuel fabrication facility licensed by the NRC in over 50 years, and preceded only by Centrus’s American Centrifuge Plant as the first-ever U.S. HALEU fuel facility. X-energy is advancing more than 11 GW of new nuclear capacity across the United States and United Kingdom with commercial Xe-100 projects underway with Dow, Amazon, and Centrica.
About X-energy
X-energy is a leading designer of advanced small modular nuclear reactors (“SMR”) and fuel technology developed to establish a new standard in clean, safe, reliable energy. X-energy's intrinsically safe Xe-100 high-temperature gas-cooled reactor and TRISO-X particle fuel expand applications for nuclear technology, with commercial projects across grid, industrial, and AI. Together, X-energy's technology drives enhanced safety, lower cost, faster construction timelines, and scalable deployment when compared with other SMRs and conventional nuclear. For more information, visit X-energy.com or connect with us on X or LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements regarding X-energy's business, including, but not limited to, statements regarding its expectations with respect to the benefits of X-energy and Centrica’s partnership, the de-risking of a portion of X-energy's Xe-100 project pipeline, X-energy’s fuel supply strategy and prospects and the creation of robust commercial HALEU supply. You should not rely on such forward-looking statements as predictions of future events. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors, including, but not limited to, project setbacks; changes delays or an inability for X-energy’s suppliers or customers to receive or maintain licenses or other necessary governmental approvals; dependence on a nascent domestic HALEU enrichment industry and failure of the HALEU industry to achieve commercial-scale production; and exposure to supply disruptions, pricing risks, quality issues, and trade policy changes. More information about potential risks and uncertainties that could affect X-energy's business and financial results is more fully detailed under the caption "Risk Factors" in X-energy's most recent Form 10-Q filed with the Securities and Exchange Commission, which is available on X-energy's Investor Relations website at https://investors.x-energy.com/ and on the SEC website at www.sec.gov. In addition, please note that any forward-looking statements contained herein are based on current expectations and assumptions believed to be reasonable as of the date of this press release. X-energy undertakes no obligation to update these statements as a result of new information or future events.
Contact
Robert McEntyre, Corporate Communications [email protected]
+1 240.673.6565
Centrus Energy podepsal definitivní smlouvu s X-energy na dodávky LEU a HALEU pro malé modulární reaktory Xe-100. X-energy zároveň poskytne Centrusu zálohové platby na podporu domácí kapacity obohacování.
Advances Commercialization for Domestic LEU and HALEU Enrichment
Contract includes X-energy prepayments to Centrus
Planned project to bring clean energy investment and jobs to Eastern Tennessee
, /PRNewswire/ -- Centrus Energy Corp. (NYSE: LEU) ("Centrus"), a trusted supplier of nuclear fuel, services and technology, today announced a signed definitive contract for Centrus to provide X-energy with enrichment services for Low-Enriched Uranium ("LEU") and High-Assay, Low-Enriched Uranium ("HALEU") with quantities that are expected to support X-energy's initial Xe-100 small modular reactors and TRISO-X fuel deployments. Under the contract, X-energy will provide prepayments to Centrus to support its domestic commercial enrichment capacity program.
In support of the supply commitments under the contract, Centrus will produce LEU and HALEU from its American Centrifuge Plant in Pike County, Ohio. This agreement builds on Centrus' existing $3 billion contingent LEU and HALEU backlog, of which $2.4 billion is definitized.
The contract is another important step in strengthening the U.S. nuclear fuel supply chain required to support the growing demand for LEU and HALEU.
Including prepayments in HALEU offtake agreements continues Centrus' strategy of obtaining de-risked funding to strengthen its capital stack that includes the recent signing of its $900 million HALEU enrichment award with the Department of Energy. The company's build out of domestic commercial LEU and HALEU enrichment capacity is targeting the constrained global enriched uranium market. Centrus' build out is creating meaningful American jobs across the United States.
The announcement builds on the commercial momentum behind advanced nuclear deployment and reflects increasing demand from large energy users for reliable, carbon-free power. X-energy has previously announced commercial relationships with companies including Dow Inc., Amazon, and Centrica to support the deployment of advanced nuclear energy, underscoring the growing market opportunity for advanced small modular reactor projects.
"This is another significant agreement that validates Centrus as the go-to, de-risked supplier of HALEU to the global market," said Amir Vexler, President and Chief Executive Officer of Centrus. "Our work in Piketon and Oak Ridge is strengthening a U.S.-based nuclear fuel supply chain and is removing enrichment as a point of concern for the advanced reactor community. Agreements like these provide important non-dilutive, non-debt capital to support our build out and serves to advance commercial LEU and HALEU capacity expansion."
About Centrus: Centrus Energy is a trusted American supplier of nuclear fuel and services for the nuclear power industry, helping meet the growing need for clean, affordable, carbon-free energy. Since 1998, the Company has provided its utility customers with more than 1,850 reactor years of fuel, which is equivalent to more than 7 billion tons of coal. With world-class technical and engineering capabilities, Centrus is pioneering production of High-Assay, Low-Enriched Uranium and is leading the effort to restore America's uranium enrichment capabilities at scale so that we can meet our clean energy, energy security, and national security needs. Find out more at www.centrusenergy.com or follow us on LinkedIn and X.
Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as "expects", "anticipates", "intends", "plans", "believes", "will", "should", "could", "would" or "may" and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions with respect to future events and operational, economic and financial performance.
For Centrus Energy Corp., particular factors that involve uncertainty and could cause our actual future results to differ materially from those expressed in our forward-looking statements and which are, and may be, exacerbated by any worsening of the global business and economic environment include but are not limited to the following: our ability to conclude negotiations with our customers; the war in Ukraine and other geopolitical conflicts; our government contracts, including related to changes to the U.S. government's appropriated funding levels for HALEU and the government's inability to satisfy its obligations, our lease to our facility in Piketon, Ohio; whether or when government demand for HALEU or LEU for government or commercial uses will materialize and at what level; the impact and potential extended duration of a supply/demand imbalance in the market for LEU; significant competition from major LEU producers, including foreign competitors, who may be less cost sensitive than we are; limitations on our ability to compete in foreign markets; pricing trends and demand in the uranium and enrichment markets, especially in light of the potential of limited supply and our dependence on others for deliveries of LEU; and our ability to successfully implement our planned expansion projects in Piketon, Ohio and Oak Ridge, Tennessee.
Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. Readers are urged to carefully review and consider the various disclosures made in this news release and in our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2025, under Part II, Item 1A - "Risk Factors" in our Quarterly report on Form 10-Q for the quarter ended March 31, 2026, under Part II, Item 1A - "Risk Factors" in our Quarterly report on Form 10-Q for the quarter ended June 30, 2026, and our filings with the SEC that attempt to advise interested parties of the risks and factors that may affect our business. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.
Centrus:
Investors and Media Contract for Centrus:
Neal Nagarajan, [email protected]
AFRL udělila DZYNE, nyní součásti Ondas, kontrakt za více než 6 milionů USD na rozvoj autonomního doručovacího systému Long‑Range Grasshopper. Práce nyní probíhají v Ondas Sentinel.
Award accelerates development of the Long‑Range Grasshopper™ autonomous aerial delivery system, now integrated within Ondas Sentinel following Ondas' recent acquisition of DZYNE
Valued at more than $6 million, the award adds to Ondas' growing U.S. defense pipeline and reinforces its position in scalable, low-cost autonomous logistics.
WEST PALM BEACH, FL / ACCESS Newswire / August 6, 2026 / Ondas Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of advanced autonomous systems and next-generation defense and security technologies and services, announced today that the Air Force Research Laboratory (AFRL) has awarded a more than $6 million contract to DZYNE Technologies, LLC ("DZYNE"), now part of Ondas, to advance the Long‑Range Grasshopper™, an autonomous, runway‑independent precision aerial delivery system designed for extended‑range logistics in contested and austere environments.
Ondas recently acquired DZYNE Technologies, establishing Ondas as a vanguard autonomous defense platform uniting complementary capabilities across multi‑domain ISR, counter‑UAS, autonomous effects, aerial security, precision strike, autonomous logistics, and AI‑enabled mission orchestration. Following the acquisition, all contract work is now performed within Ondas Sentinel, the Company's dedicated U.S. defense division.
This award builds on years of collaboration between AFRL and the engineering teams now operating within Ondas Sentinel. Their 2024-2025 flight test campaign validated the Long‑Range Grasshopper's autonomous deployment, jet‑engine air‑start, extended‑range navigation, and precision payload delivery. Under Ondas Sentinel, the new contract accelerates development of scalable autonomous logistics capabilities aligned with the U.S. Air Force's Agile Combat Employment (ACE) concepts.
"This award is another important validation of Ondas' strategy to build a leading autonomous defense platform around technologies that solve urgent national security challenges," said Eric Brock, Chairman and Chief Executive Officer of Ondas. "By bringing DZYNE's proven engineering talent and advanced autonomous logistics capabilities into Ondas Sentinel, we are expanding the depth and scale of our defense portfolio while creating new opportunities to support U.S. and allied customers."
The award also reflects the broader strategic value of Ondas' recent acquisition of DZYNE, extending the Company's autonomous defense portfolio into mission-critical logistics capabilities.
"Long‑range, low‑cost autonomous delivery is a mission imperative for the future fight," said Ryan Hartman, Chief Executive Officer of Ondas Sentinel. "AFRL's continued partnership underscores the Long‑Range Grasshopper's transformative potential. With this technology and team now fully integrated into Ondas Sentinel, we are advancing a capability that directly strengthens resilient, distributed sustainment for contested operations."
The contract supports continued development across Long‑Range Grasshopper units and Grasshopper glider units. The effort builds on the mature Grasshopper glider architecture, which has seen extensive operational use delivering up to 500 pounds of critical payload with precision into contested or infrastructure‑limited environments. Leveraging this proven foundation enables rapid development cycles, reliable performance, and a clear path to scalable fielding for the jet‑powered Long‑Range Grasshopper variant. Development under the award will focus on:
Extended‑range flight and endurance
Modular payload integration
Autonomous navigation in GPS‑limited and GPS‑denied environments
Enhanced reliability and manufacturability for large‑scale fielding
These capabilities strengthen precision autonomous delivery from a wide range of platforms with minimal infrastructure, enabling rapid resupply while allowing crewed aircraft to remain outside threat envelopes.
AFRL's investment reflects the growing need for small, low-cost, long-range unmanned systems that can sustain distributed forces under threat. Ondas Sentinel's commercial manufacturing approach is designed to deliver high-performance systems at dramatically lower cost, supporting the Air Force's demand for scalable, attritable logistics solutions at speed.
The Long‑Range Grasshopper™ is part of Ondas' expanding autonomous defense portfolio, which includes long‑endurance ISR platforms (LEAP and ULTRA) and a suite of counter‑UAS systems.
About Ondas Inc.
Ondas Inc. (NASDAQ:ONDS) is a leading provider of autonomous systems, robotics, and mission-critical technologies for defense, homeland security, public safety, critical infrastructure, and industrial markets. The Company develops and deploys integrated unmanned and autonomous platforms across air, ground, and stratospheric environments, designed to support intelligence, surveillance, reconnaissance, security, and operational missions in complex environments. Ondas' solutions are deployed globally by government, defense, and commercial customers to protect infrastructure, borders, transportation networks, personnel, and strategic assets.
For additional information on Ondas Inc., visit www.ondas.com.
Forward-Looking Statements
Statements made in this release that are not statements of historical or current facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law.
Contacts
IR Contact for Ondas Inc.
888-657-2377
[email protected]
Starwood Property Trust vykázal za 2. čtvrtletí GAAP zisk 0,01 USD na zředěnou akcii a distribuovatelný zisk 0,40 USD na zředěnou akcii. Celková aktiva dosáhla rekordních 31,8 miliardy USD.
– Quarterly GAAP Earnings of $0.01 and Distributable Earnings (DE) of $0.40 per Diluted Share –
– Invested $2.5 Billion in the Quarter and $6.7 Billion through July –
– Record Total Assets of $31.8 Billion and Commercial Lending Assets of $17.3 Billion –
– Repurchased $30 Million of Common Shares in the Six Months –
– Dividend of $0.48 per Share –
– Awarded Nareit Gold Investor CARE Award for 10th Time in 12 Years –
, /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended June 30, 2026. The Company delivered second quarter GAAP net income of $6.6 million, and Distributable Earnings (a non-GAAP financial measure) was $151.5 million. See reconciliation tables below.
"Real estate fundamentals are improving steadily in almost every asset class, supported by a drop in construction and broad and robust economic growth. This provides a more constructive backdrop to deploy capital and improving credit in our loan portfolio. For us importantly, it provides a solid foundation to support the values of our real estate owned and underperforming loan assets. We expect to resolve nearly $900 million of underperforming assets by year end or shortly thereafter, returning the trapped equity to higher use cases across all our business lines," said Barry Sternlicht, Chairman and CEO of Starwood Property Trust.
"We have invested $6.7 billion through July, at double digit return on equity, and our $2.1 billion of corporate debt transactions in the quarter extends our weighted average corporate debt maturity to 3.7 years and lowers our cost of funds, solidifying an already strong balance sheet. This positions us well to continue deploying capital and driving growth across all our business lines," added Jeffrey DiModica, President of Starwood Property Trust.
Supplemental Schedules
The Company has published supplemental earnings schedules on its website in order to provide additional disclosure and financial information for the benefit of the Company's stakeholders. Specifically, these materials can be found on the Company's website in the Investor Relations section under "Quarterly Results" at www.starwoodpropertytrust.com.
Webcast and Conference Call Information
The Company will host a live webcast and conference call on Thursday, August 6, 2026, at 10:00 a.m. Eastern Time. To listen to a live broadcast, access the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. The webcast is available at www.starwoodpropertytrust.com in the Investor Relations section of the website. The Company encourages use of the webcast due to potential extended wait times to access the conference call via dial-in.
To Participate via Telephone Conference Call:
Dial in at least 15 minutes prior to start time.
Domestic: 1-877-407-9039
International: 1-201-689-8470
The playback can be accessed through August 20, 2026.
About Starwood Property Trust, Inc.
Starwood Property Trust (NYSE: STWD), an affiliate of global private investment firm Starwood Capital Group, is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. As of June 30, 2026, the Company has successfully deployed $120 billion of capital since inception and manages a portfolio of $32 billion across debt and equity investments. Starwood Property Trust's investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk adjusted returning investments across its target assets. Additional information can be found at www.starwoodpropertytrust.com.
Forward-Looking Statements
Statements in this press release which are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are developed by combining currently available information with our beliefs and assumptions and are generally identified by the words "believe," "expect," "anticipate" and other similar expressions. Although Starwood Property Trust, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, completion of pending investments and financings, continued ability to acquire additional investments, competition within the finance and real estate industries, availability of financing, and other risks detailed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as well as other risks and uncertainties set forth from time to time in the Company's reports filed with the SEC, including its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026.
In light of these risks and uncertainties, there can be no assurances that the results referred to in the forward-looking statements contained herein will in fact occur. Except to the extent required by applicable law or regulation, we undertake no obligation to, and expressly disclaim any such obligation to, update or revise any forward-looking statements to reflect changed assumptions, the occurrence of anticipated or unanticipated events, changes to future results over time or otherwise.
Additional information can be found on the Company's website at www.starwoodpropertytrust.com.
Starwood Property Trust, Inc. and Subsidiaries
Condensed Consolidated Statement of Operations by Segment
For the three months ended June 30, 2026
(Amounts in thousands)
Commercial and
Residential
Lending
Segment
Infrastructure
Lending
Segment
Property
Segment
Investing
and Servicing
Segment
Corporate
Subtotal
Securitization
VIEs
Total
Revenues:
Interest income from loans
$ 327,151
$ 66,991
$ —
$ 4,273
$ —
$ 398,415
$ —
$ 398,415
Interest income from investment securities
15,344
481
—
22,170
—
37,995
(33,245)
4,750
Servicing fees
111
—
—
20,476
—
20,587
(3,920)
16,667
Rental income
19,808
—
63,827
4,219
—
87,854
—
87,854
Other revenues
1,800
1,474
362
1,524
822
5,982
—
5,982
Total revenues
364,214
68,946
64,189
52,662
822
550,833
(37,165)
513,668
Costs and expenses:
Management fees
165
—
—
—
30,392
30,557
—
30,557
Interest expense
160,750
38,625
28,775
9,117
107,564
344,831
(254)
344,577
General and administrative
14,979
6,015
7,925
23,661
4,114
56,694
—
56,694
Costs of rental operations
16,161
—
7,254
2,898
—
26,313
—
26,313
Depreciation and amortization
4,780
9
29,137
1,082
252
35,260
—
35,260
Credit loss provision, net
29,816
348
—
—
—
30,164
—
30,164
Other expense
88
787
227
101
—
1,203
—
1,203
Total costs and expenses
226,739
45,784
73,318
36,859
142,322
525,022
(254)
524,768
Other income (loss):
Change in net assets related to consolidated VIEs
—
—
—
—
—
—
33,087
33,087
Change in fair value of servicing rights
—
—
—
1,018
—
1,018
726
1,744
Change in fair value of investment securities, net
(1,587)
—
—
(1,717)
—
(3,304)
3,252
(52)
Change in fair value of mortgage loans, net
(12,711)
—
—
12,650
—
(61)
—
(61)
Income from affordable housing fund investments
—
—
4,929
—
—
4,929
—
4,929
Earnings from unconsolidated entities
—
2,677
—
193
—
2,870
(154)
2,716
Gain on sale of investments and other assets, net
88
—
27
2,264
—
2,379
—
2,379
Gain (loss) on derivative financial instruments, net
21,529
350
8,354
983
(34,240)
(3,024)
—
(3,024)
Foreign currency (loss) gain, net
(5,719)
—
13
—
—
(5,706)
—
(5,706)
Other (loss) income, net
(2,597)
—
(1,092)
6
—
(3,683)
—
(3,683)
Total other (loss) income
(997)
3,027
12,231
15,397
(34,240)
(4,582)
36,911
32,329
Income (loss) before income taxes
136,478
26,189
3,102
31,200
(175,740)
21,229
—
21,229
Income tax (provision) benefit
(2,536)
(95)
8
(3,601)
—
(6,224)
—
(6,224)
Net income (loss)
133,942
26,094
3,110
27,599
(175,740)
15,005
—
15,005
Net income attributable to non-controlling interests
(4)
—
(5,325)
(3,119)
—
(8,448)
—
(8,448)
Net income (loss) attributable to Starwood Property Trust, Inc.
$ 133,938
$ 26,094
$ (2,215)
$ 24,480
$ (175,740)
$ 6,557
$ —
$ 6,557
Definition of Distributable Earnings
Distributable Earnings, a non-GAAP financial measure, is used to compute the Company's incentive fees to its external manager and is an appropriate supplemental disclosure for a mortgage REIT. For the Company's purposes, Distributable Earnings is defined as GAAP net income (loss) excluding non-cash equity compensation expense, the incentive fee due to the Company's external manager, acquisition costs for successful acquisitions, depreciation and amortization of real estate and associated intangibles, any unrealized gains, losses or other non-cash items recorded in net income (loss) for the period and, to the extent deducted from net income (loss), distributions payable with respect to equity securities of subsidiaries issued in exchange for properties or interests therein. The amount is adjusted to exclude one-time events pursuant to changes in GAAP and certain other non-cash adjustments as determined by the Company's external manager and approved by a majority of the Company's independent directors. Refer to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026 for additional information regarding Distributable Earnings.
Reconciliation of Net Income to Distributable Earnings
For the three months ended June 30, 2026
(Amounts in thousands except per share data)
Commercial and
Residential
Lending
Segment
Infrastructure
Lending
Segment
Property
Segment
Investing
and Servicing
Segment
Corporate
Total
Net income (loss) attributable to Starwood Property Trust, Inc.
$ 133,938
$ 26,094
$ (2,215)
$ 24,480
$ (175,740)
$ 6,557
Add / (Deduct):
Non-controlling interests attributable to Woodstar II Class A Units
—
—
4,629
—
—
4,629
Non-controlling interests attributable to unrealized gains/losses
—
—
(2,724)
(2,226)
—
(4,950)
Non-cash equity compensation expense
2,585
788
2,014
1,449
6,477
13,313
Depreciation and amortization
4,817
—
29,632
1,121
—
35,570
Straight-line rent adjustment
—
—
(1,697)
57
—
(1,640)
Interest income adjustment for loans and securities
4,675
—
—
12,686
—
17,361
Consolidated income tax provision (benefit) associated with fair value adjustments
2,536
95
(8)
3,601
—
6,224
Other non-cash items
5
447
(82)
(407)
—
(37)
Reversal of GAAP unrealized and realized (gains) / losses on:
Loans
12,711
—
—
(12,650)
—
61
Credit loss provision, net
29,816
348
—
—
—
30,164
Securities
1,587
—
—
1,717
—
3,304
Woodstar Fund investments
—
—
(4,929)
—
—
(4,929)
Derivatives
(21,529)
(350)
(8,354)
(983)
34,240
3,024
Foreign currency
5,719
—
(13)
—
—
5,706
Earnings from unconsolidated entities
—
(2,677)
—
(193)
—
(2,870)
Sales of properties
(32)
—
(27)
(2,264)
—
(2,323)
Recognition of Distributable realized gains / (losses) on:
Loans
(454)
—
—
12,636
—
12,182
Securities
(51)
—
—
(682)
—
(733)
Woodstar Fund investments
—
—
18,208
—
—
18,208
Derivatives
8,570
248
(235)
1,650
(2,907)
7,326
Foreign currency
803
—
13
—
—
816
Earnings from unconsolidated entities
—
2,146
—
469
—
2,615
Sales of properties
32
—
(35)
1,928
—
1,925
Distributable Earnings (Loss)
$ 185,728
$ 27,139
$ 34,177
$ 42,389
$ (137,930)
$ 151,503
Distributable Earnings (Loss) per Weighted Average Diluted Share
$ 0.49
$ 0.07
$ 0.09
$ 0.11
$ (0.36)
$ 0.40
Starwood Property Trust, Inc. and Subsidiaries
Condensed Consolidated Statement of Operations by Segment
For the six months ended June 30, 2026
(Amounts in thousands)
Commercial and
Residential
Lending
Segment
Infrastructure
Lending
Segment
Property
Segment
Investing
and Servicing
Segment
Corporate
Subtotal
Securitization
VIEs
Total
Revenues:
Interest income from loans
$ 637,465
$ 128,429
$ —
$ 6,332
$ —
$ 772,226
$ —
$ 772,226
Interest income from investment securities
30,981
865
—
46,103
—
77,949
(67,761)
10,188
Servicing fees
223
—
—
72,095
—
72,318
(7,631)
64,687
Rental income
36,113
—
124,670
7,042
—
167,825
—
167,825
Other revenues
4,013
2,947
819
1,927
1,492
11,198
—
11,198
Total revenues
708,795
132,241
125,489
133,499
1,492
1,101,516
(75,392)
1,026,124
Costs and expenses:
Management fees
197
—
—
—
66,542
66,739
—
66,739
Interest expense
315,673
75,321
56,726
15,943
210,218
673,881
(398)
673,483
General and administrative
31,771
11,933
16,793
45,589
8,941
115,027
—
115,027
Costs of rental operations
29,377
—
14,514
5,556
—
49,447
—
49,447
Depreciation and amortization
9,017
19
57,215
2,232
503
68,986
—
68,986
Credit loss provision (reversal), net
30,402
(615)
—
—
—
29,787
—
29,787
Other expense
165
899
299
241
—
1,604
—
1,604
Total costs and expenses
416,602
87,557
145,547
69,561
286,204
1,005,471
(398)
1,005,073
Other income (loss):
Change in net assets related to consolidated VIEs
—
—
—
—
—
—
65,589
65,589
Change in fair value of servicing rights
—
—
—
2,022
—
2,022
(815)
1,207
Change in fair value of investment securities, net
(1,136)
—
—
(9,638)
—
(10,774)
10,811
37
Change in fair value of mortgage loans, net
(33,691)
—
—
20,962
—
(12,729)
—
(12,729)
Income from affordable housing fund investments
—
—
17,393
—
—
17,393
—
17,393
Earnings from unconsolidated entities
—
3,520
—
605
—
4,125
(591)
3,534
Gain on sale of investments and other assets, net
298
—
496
2,264
—
3,058
—
3,058
Gain (loss) on derivative financial instruments, net
37,892
439
10,630
1,225
(55,673)
(5,487)
—
(5,487)
Foreign currency (loss) gain, net
(11,834)
—
38
—
—
(11,796)
—
(11,796)
Loss on extinguishment of debt
—
(31)
(304)
—
—
(335)
—
(335)
Other (loss) income, net
(5,472)
51
(1,401)
6
—
(6,816)
—
(6,816)
Total other (loss) income
(13,943)
3,979
26,852
17,446
(55,673)
(21,339)
74,994
53,655
Income (loss) before income taxes
278,250
48,663
6,794
81,384
(340,385)
74,706
—
74,706
Income tax benefit (provision)
9,192
(145)
25
(11,351)
—
(2,279)
—
(2,279)
Net income (loss)
287,442
48,518
6,819
70,033
(340,385)
72,427
—
72,427
Net income attributable to non-controlling interests
(7)
—
(12,152)
(1,833)
—
(13,992)
—
(13,992)
Net income (loss) attributable to Starwood Property Trust, Inc.
$ 287,435
$ 48,518
$ (5,333)
$ 68,200
$ (340,385)
$ 58,435
$ —
$ 58,435
Reconciliation of Net Income to Distributable Earnings
For the six months ended June 30, 2026
(Amounts in thousands except per share data)
Commercial and
Residential
Lending
Segment
Infrastructure
Lending
Segment
Property
Segment
Investing
and Servicing
Segment
Corporate
Total
Net income (loss) attributable to Starwood Property Trust, Inc.
$ 287,435
$ 48,518
$ (5,333)
$ 68,200
$ (340,385)
$ 58,435
Add / (Deduct):
Non-controlling interests attributable to Woodstar II Class A Units
—
—
9,258
—
—
9,258
Non-controlling interests attributable to unrealized gains/losses
—
—
(4,031)
(6,971)
—
(11,002)
Non-cash equity compensation expense
5,669
1,540
4,009
2,874
13,215
27,307
Management incentive fee
—
—
—
—
5,567
5,567
Depreciation and amortization
9,090
—
58,206
2,313
—
69,609
Straight-line rent adjustment
—
—
(3,346)
171
—
(3,175)
Interest income adjustment for loans and securities
9,749
—
—
18,062
—
27,811
Consolidated income tax (benefit) provision associated with fair value adjustments
(9,192)
145
(25)
11,351
—
2,279
Other non-cash items
7
447
(164)
(813)
—
(523)
Reversal of GAAP unrealized and realized (gains) / losses on:
Loans
33,691
—
—
(20,962)
—
12,729
Credit loss provision (reversal), net
30,402
(615)
—
—
—
29,787
Securities
1,136
—
—
9,638
—
10,774
Woodstar Fund investments
—
—
(17,393)
—
—
(17,393)
Derivatives
(37,892)
(439)
(10,630)
(1,225)
55,673
5,487
Foreign currency
11,834
—
(38)
—
—
11,796
Earnings from unconsolidated entities
—
(3,520)
—
(605)
—
(4,125)
Sales of properties
(356)
—
(496)
(2,264)
—
(3,116)
Recognition of Distributable realized gains / (losses) on:
Loans
(822)
—
—
21,194
—
20,372
Securities
(137)
—
—
(5,936)
—
(6,073)
Woodstar Fund investments
—
—
37,029
—
—
37,029
Derivatives
21,205
279
(3,324)
1,926
(5,724)
14,362
Foreign currency
942
—
38
—
—
980
Earnings from unconsolidated entities
—
2,657
—
905
—
3,562
Sales of properties
(4,753)
—
(135)
1,928
—
(2,960)
Distributable Earnings (Loss)
$ 358,008
$ 49,012
$ 63,625
$ 99,786
$ (271,654)
$ 298,777
Distributable Earnings (Loss) per Weighted Average Diluted Share
$ 0.94
$ 0.13
$ 0.16
$ 0.26
$ (0.71)
$ 0.78
Starwood Property Trust, Inc. and Subsidiaries
Condensed Consolidated Balance Sheet by Segment
As of June 30, 2026
(Amounts in thousands)
Commercial and
Residential
Lending
Segment
Infrastructure
Lending
Segment
Property
Segment
Investing
and Servicing
Segment
Corporate
Subtotal
Securitization
VIEs
Total
Assets:
Cash and cash equivalents
$ 22,616
$ 206,331
$ 30,912
$ 9,281
$ 98,452
$ 367,592
$ —
$ 367,592
Restricted cash
177,912
46,173
2,802
189
45,688
272,764
—
272,764
Loans held-for-investment, net
16,965,888
2,851,080
—
—
—
19,816,968
—
19,816,968
Loans held-for-sale
2,154,653
—
—
62,828
—
2,217,481
—
2,217,481
Investment securities
556,876
123,934
—
1,262,903
—
1,943,713
(1,540,884)
402,829
Properties, net
1,028,671
—
2,938,255
31,743
—
3,998,669
—
3,998,669
Investments of consolidated affordable housing fund
—
—
1,725,368
—
—
1,725,368
—
1,725,368
Investments in unconsolidated entities
8,514
61,517
—
33,200
—
103,231
(15,030)
88,201
Goodwill
—
119,409
—
140,437
—
259,846
—
259,846
Intangible assets, net
2,522
—
405,459
71,062
—
479,043
(38,069)
440,974
Derivative assets
23,233
—
931
242
—
24,406
—
24,406
Accrued interest receivable
195,044
3,611
4
493
1,664
200,816
—
200,816
Other assets
195,215
20,947
111,988
(16,670)
50,735
362,215
—
362,215
VIE assets, at fair value
—
—
—
—
—
—
30,868,147
30,868,147
Total Assets
$ 21,331,144
$ 3,433,002
$ 5,215,719
$ 1,595,708
$ 196,539
$ 31,772,112
$ 29,274,164
$ 61,046,276
Liabilities and Equity
Liabilities:
Accounts payable, accrued expenses and other liabilities
Let's get to the bad news first. Tesla (TSLA -1.77%) posted a disastrous second-quarter earnings report, sending the stock down 18% to a 52-week low. The week following Tesla's July 22 report was its worst since 2022, and the stock drop reduced CEO Elon Musk's net worth by $130 billion.
But on the other side of the coin, Tesla stock seems to have found a bottom and has risen 8.7% since hitting that low. Is this a good time to purchase the leading electric vehicle stock, given that it is apparently heavily discounted?
Tesla CEO Elon Musk. Image source: The White House.
Why did Tesla's stock fall? On the surface, Tesla's earnings report didn't look horrendous. Revenue was $28.23 billion, up a solid 26% from a year ago. Automotive revenue was strong, at $20.51 billion, up 23%. Tesla also reported delivering 480,126 vehicles, up 25% from last year.
The problem for Tesla, however, came in the company's rising expenses and falling margins. Operating expenses soared 47% from a year ago to $4.35 billion. Operating margins were nearly wiped out. Earnings per share were $0.33, badly missing consensus expectations of $0.54, as compiled by Yahoo! Finance.
On top of that, Tesla disclosed that its cash and investments dropped $1.2 billion in the quarter, and it reported negative free cash flow of $1.1 billion. CFO Vaibhav Taneja said capital expenditures more than doubled sequentially, and capital expenditures (capex) will increase in the second half of the year to more than $25 billion. Tesla will also borrow up to $30 billion for capex and plans to increase its capital spending over the next two to three years, Taneja said, adding:
We believe this is the right strategy to position the company for the next era. We'll always make such investments in a very capital-efficient manner. The path to amazing abundance is ever challenging and requires making bold bets. Our progress will be nonlinear. The future is going to be great. We are ready to rise to the occasion.
Today's Change
(
-1.77
%) $
-5.80
Current Price
$
321.55
Will investors come back to Tesla? One thing was abundantly clear from this earnings season: The market is rewarding companies that invest in AI when they deliver results. That's why Amazon, which raised its capex budget to $220 billion but showed massive gains in Amazon Web Services and its chips business, saw its stock price jump 20%.
Tesla isn't at that level yet. It's still working on full self-driving technology, and unsupervised drives are only available in a handful of cities. Musk has high hopes for the company's planned Optimus robots, which he plans to deploy in factories and as household assistants, but that technology also appears to be a long way from commercialization.
Autonomous driving and robot personal assistants are much longer-duration bets than Amazon's investments in semiconductors, data centers, and AI computing capacity. Tesla will struggle to deliver near-term results, and that will likely continue to pressure the stock. This might be a stock to avoid for now.
Alphabet těží z prudkého růstu Google Cloud, jehož tržby meziročně vzrostly o 82 % na 24,8 miliardy USD. Gemini už má 950 milionů měsíčně aktivních uživatelů.
Alphabet (GOOG -4.05%) (GOOGL -4.03%) has almost doubled over the past year, and its shares have handily outperformed the S&P 500 year to date. The online advertising giant continues to post high revenue growth while boosting margins.
While ads are still a major part of Alphabet's revenue, that's not what is attracting most investors. The company has positioned itself at the center of multiple AI opportunities, which have the potential to provide long-term market-beating returns at current levels.
These are some of the reasons investors are still excited about Alphabet.
Image source: Getty Images.
Cloud revenue is surging Google Cloud has become the most important part of Alphabet's business. The growth in cloud computing has quickly turned it into a large slice of total sales that could eclipse advertising revenue within a decade.
Today's Change
(
-4.05
%) $
-15.22
Current Price
$
360.13
Alphabet generated $24.8 billion from Google Cloud, compared to $94.5 billion in Google Services revenue, which is mostly from online ads. The cloud segment also grew by 82% year over year, compared to a 17% growth rate for Google Services.
The differences between those growth rates indicate why Google Cloud could become a larger part of the business than online ads. Its operating margins are also improving vastly. Google Cloud delivered $2.8 billion in net operating income in second-quarter 2025, and that figure more than tripled to $8.8 billion in the most recent quarter.
Google Cloud also reached a $514 billion backlog, with Gemini Enterprise playing a key role. It reached that level thanks to more than $50 billion in sequential growth. Nearly 90% of the Fortune 500 uses this feature, and as their budgets expand, so will Google Cloud's revenue.
Gemini reaches 950 million monthly active users Gemini was Alphabet's answer to ChatGPT. It was only a few years ago when bearish investors sounded the alarm about ChatGPT biting into Google's search engine market and putting the company in a challenging position.
Sometimes, the bears can overestimate risks, and that presented a compelling buy-the-dip opportunity for investors. The Gemini app recently crossed 950 million monthly active users, and the Q2 earnings call transcript offered more details.
Alphabet said that Omni, a feature in Gemini that lets users create videos based on prompts, experienced a 40% increase in daily active users creating videos on the Gemini app. The company is also working on Gemini 4, which is a more advanced AI model.
It's also attracting businesses. Gemini Enterprise is changing how companies create AI agents, enable automations, and set up cybersecurity. Alphabet has also become its own case study, with Gemini boosting conversions for its sales team and addressing 75% of support queries autonomously.
Waymo is gaining traction Waymo didn't get much attention in the Q2 press release, and executives just hinted at scaling Waymo in the Q2 earnings call. However, the self-driving vehicle company surpassed 500,000 fully autonomous rides per week in the first quarter.
Alphabet is still burning through cash to support this venture, but it has plenty of profits to make it work. This is similar to how Google endured many years of net losses for its cloud segment, and it became a critical part of the business.
Waymo established itself as the leader in the autonomous vehicle race. Grand View Research anticipates a 20.2% compound annual growth rate (CAGR) for this industry through 2033, suggesting Waymo has a lot of runway. Other companies are scrambling to capitalize on the opportunity, but being first can make it harder for competitors to penetrate the industry in a meaningful way.
As Waymo gets the green light to operate in more cities, demand should continue to build. Consumer benefits for this technology are vast. It's expensive to operate a business like Waymo, but that ironically gives Alphabet a massive advantage. Not only is it ahead of existing competitors, but the high barrier to entry keeps most potential competitors out of the industry.
Although there wasn't much news about Waymo in Q2, the self-driving company could become a significant part of the business within a few years.
Alphabet chce z nové emise dluhopisů získat až 25 miliard USD. Jde o další krok po zvýšení výhledu kapitálových výdajů na rok 2026, které vyvolalo výprodej.
Alphabet logo is seen in this illustration taken September 18, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
Aug 6 (Reuters) - Alphabet (GOOGL.O), opens new tab is looking to raise as much as $25 billion from its latest U.S. bond offering, Bloomberg News reported on Thursday citing people familiar with the matter, weeks after the tech giant's 2026 capital spending outlook triggered a selloff.
The company is offering notes in as many as 10 parts, a regulatory filing showed on Thursday. Bloomberg reported the maturities on the notes range from two to 40 years.
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Alphabet did not immediately respond to a Reuters request for comment.
The debt raise is the latest in a series of moves by tech giants who have been tapping debt markets and launching equity sales to fund their costly AI infrastructure build-out.
Big Tech collectively is expected to shell out more than $730 billion this year primarily on AI.
Alphabet late in July raised its annual capital expenditure forecast for the second time this year, fanning fears over the pace of returns on its AI investments, especially as concerns mount over delays to its flagship AI model.
The company also reported its first ever negative free cash flow in its second-quarter results.
Reporting by Deborah Sophia in Bengaluru; Editing by Arun Koyyur
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Amazon Pharmacy nabídne oprávněným příjemcům Medicare léky na hubnutí za 50 USD měsíčně v rámci nového programu Medicare Bridge. Zajistí i automatické ověření nároku, předběžný souhlas, fakturaci, doručení domů i vyzvednutí v prodejně. Doručení ve stejný den je dostupné ve více než 3 100 městech a obcích USA a do konce roku 2026 se má rozšířit na téměř 4 500 lokalit.
Item 1 of 2 A woman injects herself with Zepbound, a GLP-1 weight-loss drug, at her home in Memphis, Tennessee, U.S., July 30, 2026. REUTERS/Karen Pulfer Focht
[1/2]A woman injects herself with Zepbound, a GLP-1 weight-loss drug, at her home in Memphis, Tennessee, U.S., July 30, 2026. REUTERS/Karen Pulfer Focht Purchase Licensing Rights, opens new tab
CompaniesAug 6 (Reuters) - Amazon's (AMZN.O), opens new tab pharmacy unit said on Thursday it would offer weight-loss drugs to eligible Medicare beneficiaries for $50 a month through a new federal program created to expand access to the highly sought-after treatments.
The company said it would automate eligibility checks, prior authorization and billing, while offering home delivery and in-store pickup, to help patients access the drugs faster and reduce the administrative burden.
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The U.S. government's Medicare bridge program, launched last month, allows eligible beneficiaries to obtain drugs including Novo Nordisk's (NOVOb.CO), opens new tab Wegovy in injection or pill form, as well as Eli Lilly's (LLY.N), opens new tab four-dose Zepbound KwikPen injection and the Foundayo pill, through the end of 2027. The program does not cover single-dose Zepbound vials or pens.
Amazon Pharmacy said it would initiate the enrolment process on a customer's behalf once the patient adds insurance and Medicare details to their account and a clinician submits an electronic prescription.
Most Amazon Pharmacy Bridge Program patients received a prior authorization decision in less than 24 hours, compared with the 72-hour timeframe allowed under the Medicare Bridge Program, Tanvi Patel, vice president and general manager of Amazon Pharmacy, told Reuters.
Many of the claims submitted have already resulted in completed orders, the company added.
Amazon Pharmacy launched electronic kiosks in its One Medical primary care locations last year to improve access and cut shipping costs.
One Medical, a national primary care provider Amazon acquired in 2023, allows patients to access primary and urgent care for an annual subscription fee of $199.
Same-day delivery is available in more than 3,100 U.S. cities and towns and is expected to expand to nearly 4,500 locations by the end of 2026, Amazon said.
Reporting by Sahil Pandey in Bengaluru; Editing by Jonathan Ananda
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Microsoft otevřel v Hyderabadu své největší datové centrum v Indii a přidal tak čtvrtý cloudový region v zemi. Jako první uživatele uvedl Adani Group a HDFC Bank.
The logo of Microsoft at the 10th edition of the VivaTech technology startups and innovation fair in Paris, France, June 18, 2026. REUTERS/Gonzalo Fuentes Purchase Licensing Rights, opens new tab
Aug 6 (Reuters) - Microsoft (MSFT.O), opens new tab launched its largest India data center in Hyderabad on Thursday and has signed up Adani Group and HDFC Bank among early users as it races rivals for the country's fast-growing AI market.
The India South Central facility brings Microsoft's cloud regions in India to four, adding to existing centers in Pune, Chennai and Mumbai, and cementing its position as the country's largest cloud-computing provider,
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The Windows maker has committed about $20.5 billion to expand its India opreations, betting on a market of more than 1 billion internet users and one of the world's deepest pools of tech talent.
Here are more details:
Azure, Microsoft's cloud-computing arm, has posted double-digit revenue increases in India for the last two years, the company said.
Microsoft also operates two data centers in the South Asian nation with Indian billionaire Mukesh Ambani's Jio.
Creating value with AI "requires trusted infrastructure close to where data lives, teams work and decisions are made," said Microsoft India President Puneet Chandok, adding the new facility "is a critical part of that foundation"
Rivals Alphabet (GOOGL.O), opens new tab and Amazon (AMZN.O), opens new tab are also pouring money into data center capacity in India, drawn by the country's large potential pool of AI users.
Not all of those efforts have gone smoothly. Environmentalists have accused authorities of fast-tracking a planned Google data center hub in India without weighing risks to water supplies and wildlife, allegations the government rejects.
Reporting by Aditya Soni in Bengaluru; Editing by Tasim Zahid
Our Standards: The Thomson Reuters Trust Principles., opens new tab
AMD ve 2. čtvrtletí zvýšila tržby z datových center na 6,72 miliardy USD, meziročně o 107 %, a výhled na 3. čtvrtletí počítá s asi 13 miliardami USD tržeb.
At $518.58, Advanced Micro Devices (NASDAQ:AMD | AMD Price Prediction) looks compelling, and its punishing beta of 2.49 works in shareholders’ favor at this stage of the AI capex cycle. The stock has gained 142.15% year to date, and Q2 earnings validated the reason why.
AMD sells the two chips hyperscalers cannot get enough of: Instinct GPUs for AI training and inference, and EPYC server CPUs that run the cluster headnodes around NVIDIA (NASDAQ:NVDA) and its own accelerators. Data Center revenue hit $6.72 billion in Q2, up 107% year over year, and now represents 58% of total company revenue. That is the mix change bulls have waited three years for.
Why The Setup Favors The Bulls The bull case is straightforward capex math. Hyperscaler AI spending is accelerating past $300 billion, cloud giants are actively diversifying away from sole-source NVIDIA reliance, and AMD is playing from a low single-digit share base. Even minor budget reallocations translate into outsized top-line growth. Q3 guidance calls for roughly $13 billion in revenue, about 41% YoY growth, with non-GAAP gross margin near 56%.
Operating leverage is showing up in the numbers. Q2 operating income grew 1,585% YoY to $1.99 billion, and non-GAAP operating margin expanded to 27% from 12%. Anchor partnerships back the runway: 2 gigawatts with Anthropic on MI450, 6 gigawatts with Meta on Instinct, and 6 gigawatts with OpenAI. As Lisa Su put it, “Data Center revenue more than doubled year-over-year.”
Why The Bear Case Still Has Teeth The valuation is uncomfortable. AMD trades at a trailing P/E near 162 and a forward P/E around 66x, with a price-to-sales of 21. Any deceleration in AI capex would compress that multiple violently, and beta cuts both ways.
Competitive risk is real. Elon Musk announced SpaceX will stop buying AMD chips in favor of NVIDIA, and AMD shares dropped 8% on the news. The Gaming segment fell 31% YoY, U.S. export controls on MI308 remain a China overhang, and insiders have logged 90 recent transactions with net selling.
Why Patience Is Tempting A Hold case rests on entry timing. Shares have jumped 14.07% in the past week and sit near $584.73 52-week highs. An AI model target of $475.08 implies 8.39% downside, and composite sentiment has fallen 14.84 points over 30 days. Waiting for a pullback into the $450s would improve risk/reward without abandoning the thesis.
The Numbers Behind The Call AMD trades at $518.58 against an analyst consensus target of $579.11, implying roughly 12% upside. Coverage skews decisively bullish: 5 Strong Buy, 36 Buy, 10 Hold, and 0 Sell ratings.
AMD is up 142.15% year to date, while the S&P 500 has returned 13.11%. Over one year, AMD is up 193.35% versus 22.21% for the S&P. That is beta doing exactly what a leveraged AI position should do.
The Verdict At This Price At $518.58, the setup favors accumulators.
The path to appreciation runs through the Q3 earnings report and the MI450 ramp. Guidance of $13 billion in Q3 revenue looks conservative given Data Center’s 16.3% sequential growth and the Anthropic, Meta, and OpenAI ramps ahead. Another beat and raise expands the forward multiple even if the trailing P/E stays optically rich.
Risk/reward at this entry is asymmetric because AMD’s operating leverage is only starting to show. Non-GAAP operating margin already jumped from 12% to 27%, and EPYC share gains carry higher incremental margins than Instinct. A beta of 2.49 means every incremental capex dollar routed to AMD hits harder than it does for NVIDIA.
What invalidates the thesis: a broad hyperscaler capex pause, another marquee customer defection following the SpaceX signal, or Q3 guidance that fails to accelerate. Watch Data Center revenue, MI450 shipment cadence, and hyperscaler capex commentary from Microsoft (NASDAQ:MSFT), Meta (NASDAQ:META), and Amazon (NASDAQ:AMZN).
When the compute bottleneck is this severe and the number two vendor is finally shipping competitive silicon at scale, the high-beta name carries asymmetric upside.
American Airlines a Infinium oznámily první dodávku eSAF na komerční letiště pro let s pasažéry. Palivo z odpadu CO₂ a obnovitelné elektřiny má snížit emise v celém životním cyklu o více než 90 %.
Milestone flight demonstrates real-world deployment of ultra-low carbon electrofuels produced at Project Pathfinder from waste CO₂ and renewable energy.
, /PRNewswire/ -- American Airlines and Infinium today announced its first delivery of electro sustainable aviation fuel (eSAF) to a commercial airport for use in a commercial passenger flight, marking a major milestone in the decarbonization of aviation. The eSAF was allocated to an American flight that departed Corpus Christi International Airport (CRP) and landed at Dallas Fort Worth International Airport (DFW), demonstrating the real-world deployment of next-generation, drop-in sustainable aviation fuel.
American Airlines and Infinium advance aviation with commercial deployment of electro sustainable aviation fuel. The eSAF used for the flight was part of a batch produced and blended at Infinium's Pathfinder facility in Corpus Christi, Texas — the world's first commercial-scale power-to-liquids eFuels production site, which has been operating since 2023. The eSAF batch was blended with conventional jet fuel and tested to meet the ASTM International specification for JetA, certifying its use in today's aircraft engines and fueling infrastructure without further modification. It was then delivered to the common jet fuel tanks at CRP before being allocated to American's flight to DFW — the first delivery of SAF made without biobased feedstocks to a commercial airport in the U.S. The flight demonstrates the compatibility of eSAF with existing aviation jet fuel supply chains.
Infinium's eSAF is made using waste CO₂ and renewable electricity, delivering a meaningful reduction in lifecycle greenhouse gas (GHG) emissions compared to conventional jet fuel. Infinium's eSAF can reduce lifecycle GHG emissions by over 90% compared to conventional petroleum-based jet fuel.
"Since 2023, we have been producing scalable, drop-in eDiesel and eNaphtha at our Pathfinder facility from waste carbon and renewable energy for use in commercial trucks and plastics processing," said Infinium CEO Robert Schuetzle. "Adding eSAF to our product slate — and seeing it power a commercial passenger flight — marks another meaningful step forward in bringing practical, low-carbon fuel solutions to industry."
American Airlines, a leader in advancing sustainable aviation fuel adoption, is working across the value chain to accelerate deployment of low-carbon aviation solutions. The airline has an offtake agreement for commercial volumes of eSAF from Infinium's Project Roadrunner, supported in part by a separate agreement with Citi to enable Scope 3 emissions reductions from employee travel. These partnerships reinforce the collaboration needed to scale next-generation fuels. Project Roadrunner, financed by Breakthrough Energy Catalyst and Brookfield Asset Management, with nonrecourse project debt from HSBC, is currently under construction and expected to begin eSAF production and deliveries in 2027. Once it reaches full capacity, Project Roadrunner is expected to produce over 5 million gallons of eSAF annually.
"This flight represents a significant moment for aviation," said American's CEO Robert Isom. "Through our partnership with Infinium, we're demonstrating how next generation technologies like eSAF can move from early investment to real-world application. Scaling SAF production at lower prices is essential to reducing emissions, strengthening our long-term competitiveness, and continuing to deliver the connectivity and economic benefits that our customers rely on."
Aviation currently consumes nearly 100 billion gallons of jet fuel annually, with global air travel exceeding 4 billion passengers per year. Despite growing momentum, sustainable aviation fuel accounts for less than 1% of total jet fuel use worldwide. Scalable, drop-in fuels like eSAF offer one of the most near-term and practical solutions for reducing aviation emissions. Scaling eSAF also strengthens energy security by diversifying aviation fuel supply, helping create a more resilient system.
"This first-of-its-kind eSAF flight from American Airlines and Infinium is an important step for lower carbon aviation and we are proud to support this effort with our long-time partner," said Citi Head of Enterprise Services and Public Affairs Edward Skyler. "Given the potential SAF has on reducing emissions, we look forward to efforts to scale its production."
Today's flight marks a transition from innovation to implementation, signaling a new phase in scaling viable, low-carbon alternatives to conventional jet fuel and advancing the future of sustainable flight.
"South Texas has long been an energy leader, and today's sustainable aviation fuel announcement shows how our region continues to innovate," said Congressman Vicente Gonzalez (TX 34). "The work Infinium and American are doing in Corpus Christi strengthens our local economy while advancing our nation's energy security. We need to continue investing in domestic energy production to help create American jobs and reduce our reliance on foreign energy sources."
About American Airlines Group (NASDAQ: AAL)
American Airlines is a premium global airline connecting more of the U.S. to the world. With roots tracing back to an air mail carrier in the Midwestern United States in 1926, American now operates more than 6,000 daily flights to more than 350 destinations in more than 60 countries and serves more than 200 million customers annually. Powered by a proud and talented team of 130,000 aviation professionals, American's team lives out the airline's purpose of caring for people on life's journey every day.
The world's largest airline proudly celebrates its centennial year in 2026, reaching a milestone that reflects a century of innovation and the Forever Forward℠ spirit that changed the industry and the world. American introduced the first scheduled air cargo service, the first airport lounge and the first airline loyalty program and continues to reinvent the customer experience today. The airline is also a founding member of the oneworld alliance, whose members serve more than 900 destinations around the globe.
Get the latest about American at news.aa.com and @AmericanAir.
About Infinium
Infinium is reimagining how the world powers, moves, and computes. Through Infinium Energy™, the company transforms waste carbon into ultra-low carbon eFuels that decarbonize aviation, industry, and transport. Through Infinium Edge™, Infinium advances next-generation thermal infrastructure for data centers, removing heat as a constraint to enable more efficient, high-performance computing. Grounded in deep chemistry and energy systems expertise, Infinium's platforms turn carbon and heat from limits into opportunities. Learn more at https://www.infiniumco.com/.
J.P. Morgan Payments přidává Klarna do Commerce Platform v USA, takže obchodníci mohou nabídnout flexibilní platby bez integrace. Klarna tak získá okamžitý přístup k obchodníkům napříč maloobchodem.
Merchants using J.P. Morgan Payments’ Commerce Platform in the United States can now offer Klarna’s flexible payment options at checkout, with no integration required.
With this new capability, businesses across all retail categories can offer their customers Klarna’s pay in full, interest-free installments and longer-term financing, Klarna said in a Thursday (Aug. 6) press release emailed to PYMNTS.
“J.P. Morgan Payments’ reach combined with Klarna’s conversion power is a genuine competitive advantage, and it’s now available to every merchant on their platform,” Klarna Chief Commercial Officer David Sykes said in the release.
Michael Lozanoff, global head of merchant services at J.P. Morgan Payments, said in the release that the new integration provides a solution for merchants who know that flexible payments drive conversion but have found implementation of the payment option to be a barrier.
“By bringing Klarna directly onto our Commerce Platform, we’re helping remove that barrier for businesses of every size,” Lozanoff said.
This new integration builds upon a partnership that Klarna and J.P. Morgan Payments announced in February 2025.
The PYMNTS Intelligence report “Unpacking Merchant Strategies and Consumer Demand for Flexible Payment Plans” found that consumer preferences are shifting toward more flexible payment solutions.
About 20% of merchants have received complaints from consumers about the inability to pay how they want to pay, and merchants are working to meet consumers’ demand for a range of installment plans, according to the report.
Another PYMNTS Intelligence report, “BNPL’s Multi-Provider Moment: Why Shoppers No Longer Pick Just One,” found that among those who use buy now, pay later, 44% used Klarna.
Klarna reported in May that its U.S. business remained a key growth engine during the first quarter. The company’s gross merchandise value (GMV) in the U.S. rose 39% to $7.1 billion, and its revenue in the market climbed 67% to $399 million.
Klarna CEO and Co-Founder Sebastian Siemiatkowski said at the time in a press release: “Klarna addresses the entire consumer wallet: Pay Now for everyday spending and saving, Pay Later our charge card equivalent at 0% interest for mid-size ticket spending, and POS installments (Fair Financing) for big-ticket purchases.”
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Ford's truck gets an all-new name: Fathom. Bloomberg/Getty Images Ford has been very secretive about its all-important new slate of EVs. That's starting to change.
The Detroit automaker confirmed to Business Insider that its next EV, a midsize truck, will be called the Fathom. The company also said it will have a starting price of $28,350 — or $29,945 after destination charges.
Both the name and pricing are a big departure from Ford's recent EV efforts. The company's first generation of mass-market EVs — including the Mustang Mach-E and the F-150 Lightning — were named after iconic, nostalgic Ford vehicles. They also had sticker prices ranging from roughly $38,000 to around $90,000.
Fathom is a new nameplate for Ford. The sub-$30,000 starting price will also put the new EV in striking distance of the coming no-frills Slate truck.
Fathom is the result of a Skunkworks program that the company launched in 2022, which aimed at building simpler electric cars after Ford lost billions of dollars on its first generation of EV products.
Unlike the standard assembly line that Ford adopted in the early 1900s, the next generation of EVs will adopt an "assembly tree" production system. The company will build the EV's front, rear, and structural battery-and-interior sections on three separate lines before joining them.
Ford has teased multiple silhouettes, suggesting that the retooled assembly line could support vehicles including a hatchback, SUVs, and a cargo van — but the company has not confirmed which of those models will reach production.
Ford has teased the Fathom's design in a few images of camouflage-wrapped units during winter testing. Ford The Fathom, Ford says, has some pretty impressive specs. The automaker says it's as fast off the line as the Mustang EcoBoost, and has the same interior cargo space as the Toyota RAV4 SUV.
It's also Ford's first vehicle that will have Apple software integration.
There's still plenty we don't know about the truck: we haven't seen its full design, because Ford has only revealed images of the truck wrapped in camouflage. We also don't have trim details or range estimates.
Work at Ford? We want to hear from you. Contact Ben Shimkus at [email protected] or Signal at bshimkus.41. Use a personal email address and a nonwork device.
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Ben Shimkus You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Ben Shimkus is a reporter for the Business News desk. He writes about cars, transportation, retail, and jobs. Ben's reporting has appeared in Rolling Stone, The Verge, Automotive News, USA Today, AutoBody News, LGBTQ Nation, TopSpeed, and Out Magazine. He's also held staff writing positions at The U.S. Sun and the Daily Mail. He graduated from NYU with a Master's in journalism in 2024. Email Ben at [email protected] or message him privately on Signal at bshimkus.41.
Royal Caribbean Group zahájila veřejnou nabídku seniorních nezajištěných dluhopisů. Výnosy chce použít ke splacení části úvěrů s pohyblivou sazbou a dalšího stávajícího dluhu.
, /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has commenced a registered public offering of senior unsecured notes (the "Notes").
The Company intends to use the net proceeds from the sale of the Notes to repay a portion of the outstanding borrowings under its floating rate term loan facilities and any remaining net proceeds to repay or refinance other existing indebtedness.
BNP Paribas Securities Corp., BofA Securities, Inc. and Citigroup Global Markets Inc. are acting as lead book-running managers for the offering.
The Notes offering is being made pursuant to an automatic shelf registration statement (including a prospectus) that was filed by the Company with the Securities and Exchange Commission (the "SEC") on February 29, 2024, and became effective upon filing. Before you invest, you should read the prospectus in the shelf registration statement and the documents incorporated by reference therein and the prospectus supplement that the Company has filed with the SEC for more complete information about the Company and the offering.
Copies of the prospectus and related prospectus supplement relating to the offering may be obtained from BNP Paribas Securities Corp. by telephone at 1-800-854-5674, BofA Securities, Inc., 201 North Tryon Street, NC1-022-02-25, Charlotte, NC 28255-0001, Attn: Prospectus Department, at [email protected] or by telephone at 1-800-294-1322 or Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 1-800-831-9146 or email: [email protected]. A copy of the prospectus and the related prospectus supplement relating to the offering may also be obtained free of charge by visiting EDGAR on the SEC's website at www.sec.gov. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Special Note Regarding Forward-Looking Statements
Certain statements in this press release relating to, among other things, the offering and sale of the Notes constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited, to: statements regarding terms of the offering of the Notes and the intended use of proceeds. Words such as "anticipate," "believe," "committed," "could," "driving," "estimate," "expect," "goal," "intend," "may," "plan," "encouraged," "project," "shaping up," "position," "allows," "seek," "should," "will," "would," "considering," and similar expressions are intended to help identify forward-looking statements. Forward-looking statements reflect management's current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause the Company's actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Examples of these risks, uncertainties and other factors include, but are not limited to, the following: the impact of the economic and geopolitical environment on key aspects of the Company's business, such as the demand for cruises, passenger spending, and operating costs; changes in operating costs; the unavailability or cost of air service; incidents or adverse publicity concerning the Company's ships, port facilities, land destinations and/or passengers or the cruise vacation industry in general; the effects of weather, climate events and/or natural disasters on the Company's business; risks related to the Company's sustainability activities; the impact of issues at shipyards, including ship delivery delays or ship construction cost increases; shipyard unavailability; unavailability of ports of call; vacation industry competition and increase in industry capacity; inability to manage the Company's cost and capital allocation strategies; the uncertainties of conducting business globally and expanding into new markets and new ventures, including potential acquisitions; issues with travel advisers that sell and market the Company's cruises; reliance on third-party service providers; potential unavailability of insurance coverage; disease outbreaks and increased concern about the risk of illness on the Company's ships or when travelling to or from the Company's ships, which could cause a decrease in demand, guest cancellations, and ship redeployments; the risks and costs related to cyber security attacks, data breaches, protecting the Company's systems and maintaining data integrity and security; uncertainties of a foreign legal system as the Company is not incorporated in the United States; the Company's ability to obtain sufficient financing or capital to fund its capital expenditures, operations, debt repayments and other financing needs; the Company's expectation and ability to pay a cash dividend on its common stock in the future; changes to the Company's dividend policy; growing anti-tourism sentiments and environmental concerns; changes in U.S. or other countries' foreign travel policy; impact of new or changing legislation and regulations (including environmental regulations) or governmental orders on the Company's business; fluctuations in foreign currency exchange rates, fuel prices and interest rates; further impairments of the Company's goodwill, long-lived assets, equity investments and notes receivable; an inability to source crew or provisions and supplies from certain places; the Company's ability to recruit, develop and retain high quality personnel; and pending or threatened litigation, investigations and enforcement actions.
Forward-looking statements should not be relied upon as predictions of actual results. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to the Company on the date hereof. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About Royal Caribbean Group
Royal Caribbean Group is a leading global vacation company spanning cruise, exclusive destinations, and land-based vacation experiences. The company operates 71 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands - Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises, which operates the Mein Schiff and Hapag-Lloyd brands.
Novavax ve 2. čtvrtletí 2026 vykázal tržby 57 milionů USD a zlepšil celoroční výhled tržeb na 235 až 275 milionů USD. Zároveň snížil výhled kombinovaných nákladů na R&D a SG&A o 10 milionů USD na střední hodnotě.
Reported total revenue of $57 million for the second quarter of 2026 and raised full-year 2026 Revenue Framework Improved GAAP Combined R&D and SG&A expense guidance by $10 million at mid-point Sanofi confirmed with Novavax that they are in advanced discussions with regulators regarding their Phase 3 COVID-19-Influenza Combination trial timing and intend to be among the first movers in the combination vaccine segment Completion of manufacturing technology transfer to Sanofi expected in mid-2027 and would trigger a $75 million milestone payment to Novavax Multiple partner-led experiments with Matrix-M are currently underway in a wide array of infectious disease and oncology targets On track to advance C. difficile vaccine program into the clinic as early as 2027 , /PRNewswire/ -- Novavax, Inc. (Nasdaq: NVAX) today announced its financial results and operational highlights for the second quarter ended June 30, 2026.
"We're encouraged by the momentum we're seeing across our business as we continue to advance our strategy," said John C. Jacobs, President and Chief Executive Officer, Novavax. "As we enter the second half of 2026 and prepare for next year, we believe we are well positioned to deliver several important partner milestones while we advance our internal R&D programs and progress our MTA collaborations. This continued progress reinforces our confidence in our strategy and the potential to drive vaccine innovation to create meaningful value for our shareholders."
Second Quarter 2026 and Recent Highlights
Key Business Highlights
Sanofi partnership continues to advance, supporting significant potential near- and long-term value creation. Sanofi confirmed with Novavax they intend to be among the first movers in the combination vaccine segment and that they are in advanced discussions with regulators regarding their Phase 3 COVID-19-Influenza Combination (CIC) trial timing. Initiation of this trial in the U.S. or European Union will trigger a $125 million milestone to Novavax. Manufacturing technology transfer to Sanofi for Nuvaxovid™ is expected to be completed in mid-2027, which would trigger a $75 million milestone payment to Novavax. Sanofi is expanding the commercial reach of Nuvaxovid through broader commercial activities in the U.S. and launches in the United Kingdom, Germany and Canada from 2026 onwards, with Novavax eligible to receive royalties in the high teens to low twenties as a percentage of Sanofi's global net sales. Sanofi received Fast Track designation from the U.S. Food and Drug Administration (FDA) for its H5 pandemic influenza vaccine candidate (SP0335) utilizing Matrix-M®. A growing body of scientific evidence supports Matrix-M's utility in oncology and infectious disease. Multiple scientific evaluations by partners and potential partners are underway, enabling future licensing opportunities. Advanced Novavax's differentiated C. difficile vaccine candidate into pre-IND interactions with the FDA and initiated GMP manufacturing process, supporting potential clinical entry as early as 2027. Second Quarter 2026 Total Revenue
$ in millions
Q2 2026
Q2 2025
Change
%
Nuvaxovid Sales 1
$ 0
$ (2)
$ 2
N/A
Supply Sales 2
19
13
6
47 %
Product Sales
19
11
8
76 %
Sanofi 3
36
199
(164)
(82 %)
Takeda
0
27
(27)
(99 %)
Serum
2
2
0
N/A
Licensing, Royalties
and Other Revenue
38
229
(191)
(83 %)
Total Revenue
$ 57
$ 239
$ (183)
(76 %)
Notes
1.
Nuvaxovid Sales reflects product sales where Novavax is the commercial market lead and records revenue related to the sales and distribution of its COVID-19 vaccine.
2.
Supply Sales includes sales of finished product, adjuvant and other supplies from Novavax to its license partners.
3.
Sanofi includes revenue recognized under the license agreement including upfront payments, milestones, royalties and transition services reimbursement.
Second Quarter 2026 Financial Results
Total revenue for the second quarter of 2026 was $57 million, a 76% decrease compared to $239 million in the same period in 2025. The prior year's second quarter 2025 total revenue included the benefit of $202 million from the combination of a $175 million milestone earned for the Nuvaxovid U.S. Biologics License Application (BLA) approval and a $27 million Takeda amendment. Product sales of $19 million in the second quarter of 2026 were 76% higher than the same period in 2025 due to higher Matrix-M adjuvant demand and sales to license partners. Cost of sales for the second quarter of 2026 were $14 million, compared to $15 million in the same period in 2025.
Research and development (R&D) expenses for the second quarter of 2026 were $71 million, compared to $79 million in the same period in 2025. R&D expenses reimbursed by partners in the second quarter of 2026 were $23 million. Non-GAAP R&D expenses, net of partner reimbursement, were $48 million in the second quarter of 2026, a 34% decrease when compared to $73 million in the same period in 2025. The lower Non-GAAP R&D expenses were driven by the ongoing Novavax cost reduction program as it streamlines operations and makes targeted R&D investments. Selling, general and administrative expenses (SG&A) expenses for the second quarter of 2026 were $27 million, a 39% decrease compared to $44 million for the same period in 2025. The decrease was primarily due to the transition of lead commercial activities to Sanofi and the elimination of commercial infrastructure plus the ongoing general administrative cost reduction program. Net loss for the second quarter of 2026 was $53 million, compared to net income of $107 million in the same period in 2025. The prior years, second quarter of 2025 net income benefited from $202 million from a combination of a $175 million milestone earned for the Nuvaxovid U.S. BLA approval and a $27 million Takeda amendment. Cash, cash equivalents, marketable securities and restricted cash (Cash) were $724 million as of June 30, 2026, compared to $751 million as of December 31, 2025. Financial Framework
Improves Full Year 2026 Financial Guidance
Novavax improved its Full Year 2026 Financial Guidance by reducing Combined R&D and SG&A Expense guidance while maintaining Non-GAAP Combined R&D and SG&A Expense guidance and expects to achieve the following results:
$ in millions
Full Year 2026
(as of Aug 6, 2026)
Full Year 2026
(as of May 6, 2026)
Combined R&D and SG&A
Expenses
$370 - $410
$380 - $420
Less: R&D Reimbursements
($60 - $70)
($70 - $80)
Non-GAAP Combined R&D and
SG&A Expenses
$310 - $340
$310 - $340
Non-GAAP Combined R&D and SG&A Expenses exclude R&D Reimbursements, which are amounts reimbursed by Novavax's license partners. See "Non-GAAP Financial Measures" below. R&D Reimbursements are recorded as revenue under Licensing, Royalties and Other Revenue.
Raises Full Year 2026 Revenue Framework
For 2026, Novavax raised its 2026 Revenue Framework and expects to achieve Adjusted Total Revenue4 to between $235 million and $275 million. Novavax transitioned lead commercial responsibility of Nuvaxovid beginning with the 2025-2026 COVID-19 vaccination season to Sanofi for select markets. Since Novavax is reliant on Sanofi's sales forecasts for certain revenue components, these are not included in the Full Year 2026 Revenue Framework.
$ in millions
Full Year 2026
(as of Aug 6, 2026)
Full Year 2026
(as of May 6, 2026)
Nuvaxovid Product Sales1
$35 - $45
$35 - $45
Adjusted Supply Sales2
$45 - $55
$40 - $50
Adjusted Licensing, Royalties and
Other Revenue3
$155 - $175
$155 - $175
Adjusted Total Revenue4
$235 - $275
$230 - $270
Sanofi Supply Sales, Sanofi Royalties
and Sanofi Milestones
No guidance
No guidance
Revenue Framework Footnotes
Revenue Category
Revenue Framework Footnotes
Nuvaxovid Product
Sales1
$35 million to $45 million in Nuvaxovid Product Sales by Novavax
under existing Advance Purchase Agreements and commercial
agreements.
Adjusted Supply
Sales2
$45 million to $55 million in Adjusted Supply Sales associated with
collaborations with the Serum Institute on R21/Matrix-M™ and
collaboration partners for COVID-19 vaccine, including Serum and
Takeda and other partner related clinical and commercial supply
sales.
Adjusted Licensing,
Royalties and Other
Revenue3
•
$60 million to $70 million in R&D Reimbursement. Under the
Sanofi co-exclusive licensing agreement, Novavax is eligible to
receive reimbursement for costs incurred related to select R&D
and technology transfer activities during the transition
performance period.
•
$60 million to $70 million in Other Partner related revenue
including royalties and milestones from Pfizer, Serum on
R21/Matrix-M and collaboration partners for COVID-19 vaccine,
including Serum and Takeda. Includes a $30 million upfront
payment under the Pfizer agreement received in the first quarter
of 2026.
•
$35 million amortization related to the $500 million Upfront
Payment and the $50 million Database Lock Milestone. Revenue
recognition will occur over the transition performance period.
Adjusted Total
Revenue4
•
Adjusted Total Revenue is a Non-GAAP Financial Measure.
Adjusted Total Revenue is total revenue excluding Sanofi Supply
Sales, Sanofi Royalties and Sanofi Milestones. See "Non-GAAP
Financial Measures."
Components of Revenue excluded from the Full Year 2026 Revenue Framework are described below.
Sanofi Supply Sales
Novavax will sell Nuvaxovid commercial supply to Sanofi for the 2026-2027 COVID-19 vaccination season and the reimbursement for this supply will be recorded as product sales. Sanofi Royalties
Sanofi will lead commercial activities for the 2026-2027 COVID-19 vaccination season in select markets, including the U.S. Novavax is eligible to receive royalties in the high teens to low twenties percent on Sanofi global net sales. Sanofi Milestones
Novavax is eligible to receive up to $350 million in Phase 3 development and commercial launch milestone payments associated with Sanofi CIC products. For each new vaccine using Matrix-M, Novavax is eligible to receive up to $200 million in launch and sales milestones and mid-single digit sales royalties for 20 years. Conference Call
Novavax will discuss second quarter 2026 financial results and operational highlights at 8:30 a.m. Eastern Time on Thursday, August 6, 2026. Dial-in information can be found here. A webcast of the conference call can also be accessed on the Novavax website at ir.novavax.com/events.
About Novavax
Novavax, Inc. (Nasdaq: NVAX) tackles some of the world's most pressing health challenges with its scientific expertise in vaccines and its proven technology platform, including its Matrix-M adjuvant and protein-based nanoparticles. The Company's corporate growth strategy is designed to deliver value via three key strategic pillars: partnering its technology, targeted and capital-efficient R&D innovation and a lean and efficient operating model. This includes maximizing impact through partnerships for its marketed products (Nuvaxovid, R21/Matrix-M), Matrix technology and R&D assets. Please visit novavax.com and LinkedIn for more information.
Non-GAAP Financial Measures
The Company presents the following non-GAAP financial measures in this press release: Non-GAAP Combined R&D and SG&A Expenses, Adjusted Total Revenue and Adjusted Licensing, Royalties and Other Revenue. Non-GAAP financial measures refer to financial information adjusted from financial measures prepared in accordance with accounting principles generally accepted in the United States (GAAP). The Company believes that the presentation of these adjusted financial measures is useful to investors as they provide additional information on comparisons between periods by including certain items that affect overall comparability. The Company uses these non-GAAP financial measures for business planning purposes and to consider underlying trends of its business. Non-GAAP financial measures should be considered in addition to, and not as an alternative for, the Company's reported results prepared in accordance with GAAP. Our use of non-GAAP financial measures may differ from similar measures reported by other companies and may not be comparable to other similarly titled measures. The Company is unable to reconcile these revenue forward-looking non-GAAP financial measures to the most directly comparable GAAP measures without unreasonable effort because the Company is reliant on Sanofi sales forecasts for certain revenue categories, which are not available.
Forward-Looking Statements
This press release contains forward-looking statements relating to the future of Novavax, its mission; its corporate strategy and operating plans, objectives and prospects; its value drivers and strategic priorities; its partnerships, including expectations with respect to potential partner product sales and royalties, milestones and other commercial objectives, and cost reimbursement, Matrix-M's potential utility in partners' vaccine portfolios and plans for additional potential partnering activities; the development of Novavax's clinical and preclinical product candidates and pipeline advancement opportunities the conduct, timing and potential results from clinical trials, conducted by Novavax or its partners, ; expectations as to the timing and outcome of future and pending regulatory filings and actions; full year 2026 financial guidance and revenue framework; and Novavax's future financial or business performance. Novavax cautions that these forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, without limitation, Novavax's ability to successfully and timely obtain and maintain full U.S. FDA licensure or foreign regulatory approvals necessary to manufacture, market, distribute, or deliver its COVID-19 vaccine; the impact of delays in obtaining regulatory approval, including regulatory decisions impacting labeling, approval or authorization, including the scope of the indicated population, product dosage, manufacturing processes, shelf life, safety, for our product candidates; challenges in conducting the PMC study, our ability to obtain adequate additional funding to maintain our current level of operations and fund the further development of our vaccine candidates; challenges related to Novavax's partnership with Sanofi, including collaboration on the Nuvaxovid PMC, and in pursuing additional partnership opportunities; challenges satisfying, alone or together with partners, various safety, efficacy, and product characterization requirements, including those related to process qualification, assay validation and stability testing, necessary to satisfy applicable regulatory authorities; challenges or delays in conducting clinical trials or studies for its product candidates; manufacturing, distribution or export delays or challenges; Novavax's substantial dependence on Serum Institute of India Pvt. Ltd. and Serum Life Sciences Limited for co-formulation and filling Novavax's COVID-19 vaccine and the impact of any delays or disruptions in their operations; the impact of potential legislative, regulatory, or policy changes under the current presidential administration, including any adverse impact funding for vaccine research and development, reimbursement for vaccines and their administration, vaccine mandates and recommendations, and public perception of vaccine importance; uncertainty with respect to pricing, third-party reimbursement and healthcare reform; uncertainty in the regulatory pathway for Novavax's COVID -19 Vaccine; the impact of any new or changes in interpretations of existing trade measures, including tariffs, embargoes, sanctions, import restrictions, and export licensing requirements; difficulty obtaining scarce raw materials and supplies including for its proprietary adjuvant; resource constraints, including human capital and manufacturing capacity; constraints on Novavax's ability to pursue planned regulatory pathways, alone or with partners, in multiple jurisdictions simultaneously, leading to staggering of regulatory filings, and potential regulatory actions; Novavax's ability to timely deliver doses; challenges in obtaining commercial adoption and market acceptance of its COVID-19 vaccine or any COVID-19 variant strain containing formulation, or for its CIC vaccine candidates, stand-alone influenza vaccine candidates or other candidates; challenges meeting contractual requirements under agreements with multiple commercial, governmental, and other entities, including requirements to deliver doses that may require Novavax to refund portions of upfront and other payments previously received or result in reduced future payments pursuant to such agreements; challenges related to the seasonality of vaccinations against COVID-19; challenges related to the demand for vaccinations against COVID-19 or influenza; challenges in identifying and successfully pursuing innovation expansion opportunities; Novavax's expectations as to expenses and cash needs may prove not to be correct for reasons such as changes in plans or actual events being different than its assumptions; and those other risk factors identified in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Novavax's Annual Report on Form 10-K for the year ended December 31, 2025, and subsequent Quarterly Reports on Form 10-Q, as filed with the Securities and Exchange Commission (SEC). We caution investors not to place considerable reliance on forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at www.sec.gov and www.novavax.com, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and we undertake no obligation to update or revise any of the statements. Our business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.
NOVAVAX, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share information)
Three Months Ended
Six Months Ended
June 30,
June 30,
2026
2025
2026
2025
(unaudited)
(unaudited)
Revenue:
Product sales
$ 18,854
$ 10,724
$ 61,054
$ 632,402
Licensing, royalties and other
37,844
228,516
135,158
273,493
Total revenue
56,698
239,240
196,212
905,895
Expenses:
Cost of sales
14,246
15,325
44,941
29,439
Research and development
70,693
79,233
166,165
168,170
Selling, general and administrative
26,665
43,612
55,442
91,702
Total expenses
111,604
138,170
266,548
289,311
Income (loss) from operations
(54,906)
101,070
(70,336)
616,584
Other income (expense):
Interest expense
(5,689)
(5,518)
(10,590)
(11,241)
Other income, net
8,919
11,902
20,744
21,957
Income (loss) before income tax expense
(51,676)
107,454
(60,182)
627,300
Income tax expense
1,711
946
2,696
2,146
Net income (loss)
$ (53,387)
$ 106,508
$ (62,878)
$ 625,154
Net income (loss) per share:
Basic
$ (0.32)
$ 0.66
$ (0.38)
$ 3.87
Diluted
$ (0.32)
$ 0.62
$ (0.38)
$ 3.55
Weighted average number of common shares outstanding:
Basic
164,574
162,019
163,929
161,536
Diluted
164,574
177,215
163,929
177,410
SELECTED CONSOLIDATED BALANCE SHEET DATA
(in thousands)
June 30, 2026
December 31, 2025
(unaudited)
Cash and cash equivalents
$ 191,458
$ 240,634
Marketable securities
527,882
494,450
Total restricted cash
4,582
15,418
Total current assets
771,098
978,276
Working capital
440,524
518,326
Total assets
955,575
1,176,512
Long-term debt
291,490
244,213
Total stockholders' deficit
(190,707)
(127,753)
NOVAVAX, INC.
Reconciliation of GAAP to NON-GAAP Financial Results
(unaudited)
Three Months Ended
Six Months Ended
($ in millions)
June 30,
June 30,
2026
2025
2026
2025
R&D Expenses
$70.7
$79.2
$166.2
$168.2
Adjustments:
R&D Reimbursement
22.6
6.5
50.3
17.7
Non-GAAP R&D Expenses
$48.1
$72.8
$115.9
$150.4
Combined R&D and SG&A Expenses
$97.4
$122.8
$221.6
$259.9
Adjustments:
R&D Reimbursement
22.6
6.5
50.3
17.7
Non-GAAP Combined R&D and SG&A
Expenses
$74.8
$116.4
$171.3
$242.1
Contacts:
Investors
Naina Zaman
240-410-5353
[email protected]
Shopify vykázala upravený zisk 42 centů na akcii a tržby 3,58 miliardy USD, obojí nad odhady. Na třetí čtvrtletí čeká růst tržeb v nízkých 30 % a výhled také překonal konsensus.
The company reported adjusted earnings of 42 cents per share, topping the analyst consensus estimate of 40 cents. Revenue increased 34.3% year over year to $3.58 billion, exceeding the consensus estimate of $3.45 billion.
Shopify expects third-quarter 2026 revenue to grow in the low-30% range year over year. The guidance implies revenue of approximately $3.73 billion to $3.78 billion, above the analyst consensus estimate of $3.59 billion.
“This was a monster quarter: more than 30% growth in GMV AND revenue AND gross profit AND free cash flow,” said Harley Finkelstein, President of Shopify. “We power every kind of business, and with AI, we’re expanding what’s possible for all of them. No one else comes close.”
Shopify shares fell 0.8% to $143.05 in pre-market trading.
These analysts made changes to their price targets on Shopify following earnings announcement.
Goldman Sachs analyst Gabriela Borges maintained the stock with a Buy and raised the price target from $170 to $194. Cantor Fitzgerald analyst Deepak Mathivanan maintained the stock with a Neutral and raised the price target from $127 to $145. Considering buying SHOP stock? Here’s what analysts think:
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Charter oznámil, že k předčasnému termínu bylo upsáno dluhopisů Pool 1 za 2,66474 mld. USD a dluhopisů Pool 2 za 2,689377 mld. USD. Zároveň zvýšil limit nových dluhopisů na 2 mld. USD u obou nabídek.
, /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") announced today the early tender results for the previously announced (i) private offer by its wholly-owned subsidiaries, Charter Communications Operating, LLC ("CCO"), Charter Communications Operating Capital Corp. ("CCO Capital" and, together with CCO, collectively, the "CCO Issuers" or the "Company") and Time Warner Cable, LLC (the "TWC Issuer" and, together with CCO Issuers, the "Old Notes Issuers"), as applicable, to exchange (the "Pool 1 Offer") seven series of notes issued by the CCO Issuers or the TWC Issuer, as applicable (collectively, the "Pool 1 Notes"), for a combination of cash consideration and a new series of Senior Secured Notes due 2038 (the "New 2038 Notes") to be issued by the CCO Issuers and (ii) private offer by the CCO Issuers to exchange (the "Pool 2 Offer" and, together with the Pool 1 Offer, the "Exchange Offers") five series of notes (collectively, the "Pool 2 Notes" and, together with the Pool 1 Notes, the "Old Notes" and each series of Old Notes, a "series of Old Notes") for a combination of cash and a new series of Senior Secured Notes due 2041 (the "New 2041 Notes" and, together with the New 2038 Notes, the "New Notes" and each series of New Notes, a "series of New Notes") to be issued by the CCO Issuers.
As of the previously announced early tender time of 5:00 p.m., New York City time, on August 5, 2026 (the "Early Tender Date"), according to information provided by D.F. King & Co., Inc., the exchange agent and the information agent for the Exchange Offers, the aggregate principal amount of $2,664,740,000 of Pool 1 Notes had been validly tendered and not withdrawn in the Pool 1 Offer, representing 26.5% of the outstanding Pool 1 Notes, and the aggregate principal amount of $2,689,377,000 of Pool 2 Notes had been validly tendered and not withdrawn in the Pool 2 Offer, representing 27.8% of the outstanding Pool 2 Notes, each as detailed below.
Pool 1 Notes
Issuer(s)
Title of Security
Aggregate Principal
Amount Outstanding
CUSIP No./ ISIN(1)
Acceptance Priority
Level(2)
Sub-Cap(2)
Principal
Amount
Tendered
CCO Issuers
3.500% senior secured notes due 2042
$1,236,000,000
161175CE2 /
US161175CE27
1
N/A
$323,348,000
3.500% senior secured notes due 2041
$1,479,000,000
161175BZ6 /
US161175BZ64
2
N/A
$450,822,000
TWC Issuer
4.500% senior debentures due 2042
$1,250,000,000
88732JBD9 /
US88732JBD90
3
$ 614,423,000
$614,423,000
CCO Issuers
5.375% senior secured notes due 2047
$2,265,000,000
161175BL7 /
US161175BL78
161175BD5
US161175BD52
4
N/A
$778,719,000
2.300% senior secured notes due 2032
$1,000,000,000
161175BX1 /
US161175BX17
5
N/A
$144,042,000
2.800% senior secured notes due 2031
$1,590,000,000
161175BU7 /
US161175BU77
6
N/A
$260,060,000
2.250% senior secured notes due 2029
$1,250,000,000
161175CD4 /
US161175CD44
7
N/A
$93,326,000
(1)
No representation is made as to the correctness or accuracy of the CUSIP or ISIN numbers listed in the Offering Memorandum (as defined below). Such CUSIP and ISIN numbers are provided solely for the convenience of the holders of Pool 1 Notes.
(2)
Subject to the New 2038 Notes Cap (as defined below) and, solely with respect to the 4.500% senior debentures due 2042 issued by the TWC Issuer (the "4.500% Notes"), the sub-cap with respect to the aggregate principal amount of such series set forth in this table and proration, the principal amount of each series of Pool 1 Notes that is accepted for exchange in the Pool 1 Offer will be determined in accordance with the applicable Acceptance Priority Level (in numerical priority order with 1 being the highest Acceptance Priority Level and 7 being the lowest) specified in this column.
Pool 2 Notes
Issuer(s)
Title of Security
Aggregate Principal
Amount Outstanding
CUSIP No./ ISIN(1)
Acceptance
Priority Level(2)
Sub-Cap
Principal Amount
Tendered
CCO Issuers
3.700% senior secured notes due 2051
$2,050,000,000
161175BV5 /
US161175BV50
1
N/A
$517,617,000
3.900% senior secured notes due 2052
$2,400,000,000
161175CA0 /
US161175CA05
2
N/A
$504,449,000
4.800% senior secured notes due 2050
$2,473,000,000
161175BT0 /
US161175BT05
3
N/A
$864,822,000
5.125% senior secured notes due 2049
$1,244,000,000
161175BS2 /
US161175BS22
4
N/A
$505,766,000
5.250% senior secured notes due 2053
$1,500,000,000
161175CK8 /
US161175CK86
5
N/A
$296,723,000
(1)
No representation is made as to the correctness or accuracy of the CUSIP or ISIN numbers listed in the Offering Memorandum (as defined below). Such CUSIP and ISIN numbers are provided solely for the convenience of the holders of Pool 2 Notes.
(2)
Subject to the New 2041 Notes Cap (as defined below) and proration, the principal amount of each series of Pool 2 Notes that is accepted for exchange in the Pool 2 Offer will be determined in accordance with the applicable Acceptance Priority Level (in numerical priority order with 1 being the highest Acceptance Priority Level and 5 being the lowest) specified in this column.
Charter further announced that the Company has amended the Exchange Offers to increase the consideration for Eligible Holders who validly tender their Old Notes after the Early Tender Date (as defined below) but on or prior to the Expiration Date (as defined below), and whose Old Notes are accepted for exchange pursuant to the terms of the applicable Exchange Offers, to receive, for each $1,000 aggregate principal amount of Old Notes validly tendered after the Early Tender Date but on or prior to the Expiration Date (and not validly withdrawn), the Total Exchange Consideration (as defined in the Offering Memorandum).
In addition, the Company has increased (i) the maximum aggregate principal amount of New 2038 Notes that the CCO Issuers will issue in connection with the Exchange Offers from $1,750,000,000 to $2,000,000,000 (as increased, the "New 2038 Notes Cap"), (ii) the maximum aggregate principal amount of New 2041 Notes that the CCO Issuers will issue in connection with the Exchange Offers from $1,750,000,000 to $2,000,000,000 (as increased, the "New 2041 Notes Cap") and (iii) the maximum aggregate principal amount of 4.500% Notes that the Company will accept for exchange pursuant to the terms of the Pool 1 Offer from $450,000,000 to $614,423,000, which is equivalent to the amount of 4.500% Notes tendered prior to the Early Tender Date (as increased, the "4.500% Notes Sub-Cap"). The maximum aggregate principal amount of Pool 1 Notes that the Company will accept for exchange is an amount of Pool 1 Notes that results in the issuance of New 2038 Notes in an amount not exceeding the New 2038 Notes Cap. The maximum aggregate principal amount of Pool 2 Notes that the Company will accept for exchange is an amount of Pool 2 Notes that results in the issuance of the New 2041 Notes in an amount not exceeding the New 2041 Notes Cap. The maximum aggregate principal amount of the 4.500% Notes that the Company will accept for exchange is the 4.500% Notes Sub-Cap.
Except as stated in this press release, no other terms of the Exchange Offers have changed. The complete terms and conditions of the Exchange Offers are set forth in the offering memorandum, dated July 23, 2026 (as amended and supplemented from time to time, the "Offering Memorandum").
The withdrawal deadline for the Exchange Offers occurred at 5:00 p.m., New York City time, on August 5, 2026 (the "Withdrawal Deadline"). As a result, tenders of Old Notes submitted in the Exchange Offers after the Withdrawal Deadline will be irrevocable except in the limited circumstances where additional withdrawal rights are required by law (as determined by the Company).
The pricing of the New Notes will occur at 10:00 a.m., New York City time, on August 6, 2026.
The Company has elected to exercise its right to settle the Exchange Offers for Old Notes that were validly tendered (and not validly withdrawn) prior to or at the Early Tender Date and that are accepted for exchange pursuant to the terms of the applicable Exchange Offers on August 12, 2026 (the "Early Settlement Date").
Eligible Holders of Old Notes who validly tendered their Old Notes on or prior to the Early Tender Date, and whose Old Notes are accepted pursuant to the terms of the applicable Exchange Offers, will receive (i) the Total Exchange Consideration, which includes the Early Exchange Premium (as defined in the Offering Memorandum), and (ii) accrued and unpaid interest in cash from the last applicable interest payment date to, but excluding, the Early Settlement Date, plus amounts due in lieu of fractional amounts of New Notes.
The amount of outstanding Old Notes validly tendered at or prior to the Early Tender Date (and not validly withdrawn at or prior to the Withdrawal Deadline), as reflected in the tables above, satisfied the Minimum New Issue Condition in each of the Exchange Offers as described in the Offering Memorandum.
The Exchange Offers will expire at 5:00 p.m., New York City time, on August 20, 2026, unless extended or earlier terminated by the Company (the "Expiration Date").
The New Notes and related guarantees and the offering thereof have not been registered with the Securities and Exchange Commission (the "SEC") under the Securities Act of 1933, as amended (the "Securities Act"), or any state or foreign securities laws. The New Notes and related guarantees may not be offered or sold in the United States or to any U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The Exchange Offers are only being made, and the New Notes and related guarantees are only being offered and will only be issued to holders of Old Notes who are (1) reasonably believed to be "qualified institutional buyers" ("QIBs") as defined in Rule 144A under the Securities Act ("Rule 144A") or (2) outside the United States to persons other than "U.S. persons" as defined in Rule 902 under the Securities Act in offshore transactions in compliance with Regulation S under the Securities Act ("Regulation S") (such holders, the "Eligible Holders"). Only Eligible Holders who have properly completed and returned the eligibility certification, which is available from the information agent, are authorized to receive and review the Offering Memorandum and to participate in the Exchange Offers. Additionally, in order to participate in the Exchange Offers, Eligible Holders located in Canada are required to complete, sign and submit to the information agent a Canadian Eligibility Form (which is available from the information agent). There is no separate letter of transmittal in connection with the Offering Memorandum.
Holders are advised to check with any bank, securities broker or other intermediary through which they hold Old Notes as to when such intermediary needs to receive instructions from a holder in order for that holder to be able to participate in, or (in the circumstances in which revocation is permitted) revoke their instruction to participate in the Exchange Offers before the deadlines specified herein and in the Offering Memorandum, eligibility certification and Canadian Eligibility Form. The deadlines set by each clearing system for the submission and withdrawal of exchange instructions will also be earlier than the relevant deadlines specified herein and in the Offering Memorandum, eligibility certification and Canadian Eligibility Form.
This press release is not an offer to sell or a solicitation of an offer to buy any of the securities described herein. The Exchange Offers are being made solely by the Offering Memorandum and only to such persons and in such jurisdictions as is permitted under applicable law.
Barclays Capital Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC are serving as the joint lead dealer managers for the Exchange Offers, and BofA Securities, Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are serving as the co-dealer managers for the Exchange Offers. Questions regarding the Exchange Offers may be directed to Barclays Capital Inc., Liability Management Group at (800) 438-3242 (toll free) or (212) 528-7581 (collect), Citigroup Global Markets Inc., Liability Management Group at (800) 558-3745 (toll free) or (212) 723-6106 (collect) or Morgan Stanley & Co. LLC, Liability Management Group at (800) 624-1808 (toll free) or (212) 761-1057 (collect).
D.F. King & Co., Inc. will act as the exchange agent and information agent for the Exchange Offers. Documents relating to the Exchange Offers will only be distributed to holders of Old Notes who certify that they are Eligible Holders. Questions or requests for assistance related to the Exchange Offers or for additional copies of the Offering Memorandum, eligibility certification or Canadian beneficial holder form may be directed to D.F. King & Co., Inc. at (888) 644-5854 (toll-free) or (646) 981-1289 (banks and brokers) or by email at [email protected]. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Exchange Offers. The Offering Memorandum, eligibility certification and Canadian beneficial holder form can be accessed at the following link: www.dfking.com/charter.
About Charter
Charter Communications, Inc. (NASDAQ: CHTR) is a leading broadband connectivity company with services available to nearly 59 million homes and small to large businesses across 41 states through its Spectrum brand. Founded in 1993, Charter has evolved from providing cable TV to streaming, and from high-speed Internet to a converged broadband, WiFi and mobile experience. Over the Spectrum Fiber Broadband Network and supported by our 100% U.S.-based employees, the company offers Seamless Connectivity and Entertainment with Spectrum Internet®, Mobile, TV and Voice products.
More information about Charter can be found at corporate.charter.com.
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, the Exchange Offers. Although we believe that our plans, intentions and expectations as reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions including, without limitation, the factors described under "Risk Factors" from time to time in Charter's filings with the SEC. Many of the forward-looking statements contained in this press release may be identified by the use of forward-looking words such as "believe," "future," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," "aim," "on track," "target," "opportunity," "tentative," "positioning," "designed," "create," "predict," "project," "initiatives," "seek," "would," "could," "continue," "ongoing," "upside," "increases," "grow," "focused on" and "potential," among others.
All forward-looking statements attributable to the Company or any person acting on our behalf are expressly qualified in their entirety by this cautionary statement. The Company is under no duty or obligation to update any of the forward-looking statements after the date of this press release.
Charter Communications oznámila, že její dceřiné společnosti plánují nabídku senior secured fixed rate notes. Výnos z emise má financovat akvizici Cox Communications a obecné firemní účely, včetně splátky části dluhu a úhrady souvisejících poplatků a výdajů.
, /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that its subsidiaries, Charter Communications Operating, LLC ("CCO") and Charter Communications Operating Capital Corp. ("CCO Capital," and together with CCO, the "Issuers"), intend to offer senior secured fixed rate notes (the "Notes").
The Issuers intend to use the net proceeds from this offering to pay the cash consideration of the previously announced acquisition of Cox Communications, Inc. (the "Cox Transactions") and for general corporate purposes, including to repay certain indebtedness and to pay related fees and expenses. This offering is not conditioned on the closing of the Cox Transactions and the closing of the Cox Transactions is not conditioned on the consummation of this offering.
The offering and sale of the Notes will be made pursuant to an effective automatic shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (the "SEC"). The offering is subject to, among other things, market conditions.
Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC will act as Joint Book-Running Managers for the senior secured notes offering. The offering will be made only by means of a prospectus supplement dated August 6, 2026 and the accompanying base prospectus, copies of which, when available, may be obtained on the SEC's website at www.sec.gov or by contacting Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Telephone: (800) 831-9146, E-mail: [email protected]; or by contacting Morgan Stanley & Co. LLC, c/o 180 Varick Street, New York, NY 10014, Attention: Prospectus Department, Telephone: (866) 718-1649, Email: [email protected]; or by contacting Wells Fargo Securities, LLC, c/o 608 2nd Avenue South, Suite 1000, Minneapolis, Minnesota 55402, Attention: WFS Customer Service, Email: [email protected].
This news release is neither an offer to sell nor a solicitation of an offer to buy the Notes and shall not constitute an offer, solicitation or sale, nor is it an offer to purchase, or the solicitation of an offer to sell the Notes in any jurisdiction in which such offer, solicitation, or sale is unlawful.
About Charter
Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company with services available to nearly 59 million homes and small to large businesses across 41 states through its Spectrum brand. Founded in 1993, Charter has evolved from providing cable TV to streaming, and from high-speed Internet to a converged broadband, WiFi and mobile experience. Over the Spectrum Fiber Broadband Network and supported by our 100% U.S.-based employees, the Company offers Seamless Connectivity and Entertainment with Spectrum Internet®, Mobile, TV and Voice products.
This communication includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, the potential offering. Although we believe that our plans, intentions and expectations as reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions including, without limitation, the factors described under "Risk Factors" from time to time in our filings with the SEC. Many of the forward-looking statements contained in this communication may be identified by the use of forward-looking words such as "believe," "future," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," "aim," "on track," "target," "opportunity," "tentative," "positioning," "designed," "create," "predict," "project," "initiatives," "seek," "would," "could," "continue," "ongoing," "upside," "increases," "grow," "focused on" and "potential," among others.
All forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by this cautionary statement. We are under no duty or obligation to update any of the forward-looking statements after the date of this communication.
Parker Hannifin vykázala ve 4. fiskálním čtvrtletí rekordní tržby 5,8 miliardy USD, meziročně o 9,8 % více, a čistý zisk 1,1 miliardy USD. Za celý fiskální rok tržby stouply na rekordních 21,5 miliardy USD.
CLEVELAND, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the quarter and fiscal year ended June 30, 2026, that included the following highlights (compared with the prior year period): Fiscal 2026 Fourth Quarter Highlights: Sales increased 9.8% to a record $5.8 billion; organic sales increased 8.0% Net income was $1.1 billion, an increase of 18%, or $1.2 billion adjusted, an increase of 20% EPS increased 19% to $8.54, adjusted EPS increased 21% to a record $9.27 Segment operating margin was 26.5%, an increase of 260 bps, or 28.0% adjusted, an increase of 110 bps Fiscal 2026 Full Year Highlights: Sales increased 8.3% to a record $21.5 billion; organic sales increased 6.6% Net income was $3.6 billion, an increase of 3%, or $4.1 billion adjusted, an increase of 16% EPS increased 5% to $28.48, adjusted EPS increased 18% to a record $32.31 Segment operating margin was 24.5%, an increase of 150 bps, or 27.3% adjusted, an increase of 120 bps Cash flow from operations was a record $4.4 billion, or 20.3% of sales Completed acquisition of Curtis Instruments, Inc. and announced agreements to acquire Filtration Group Corporation and CIRCOR's Commercial and Defense Aerospace Business Returned nearly $2 billion to shareholders, through a combination of share repurchases and dividends Increased the annual dividend 11%, marking 70 consecutive fiscal years of increasing annual dividends per share paid “On behalf of the entire leadership team, thank you to our global team members for their outstanding contributions in fiscal year 2026,” said Jenny Parmentier, Chairman and Chief Executive Officer. “We had our safest year ever, continued enhancing our portfolio of interconnected technologies through strategic acquisitions, and demonstrated operational excellence to deliver record results.
Federal Realty Investment Trust oznámila soukromou nabídku směnitelných seniorních dluhopisů za 400 milionů USD splatných v roce 2031. Výnosy z nabídky chce použít na splacení dluhu a obecné firemní účely.
, /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) ("Federal Realty") announced today that its operating partnership, Federal Realty OP LP (the "Partnership"), launched an offering (the "Offering"), subject to market conditions and other factors, of $400 million aggregate principal amount of exchangeable senior notes due 2031 (the "notes") in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Partnership also intends to grant the initial purchasers of the notes an option to purchase, during a 13-day period beginning on, and including, the first date on which the notes are issued, up to an additional $60.0 million aggregate principal amount of notes.
The notes will be the Partnership's senior unsecured obligations and will accrue interest payable semi-annually in arrears. Subject to certain conditions, the notes will be exchangeable for cash up to the principal amount of the notes exchanged and, in respect of the remainder of the exchange value, if any, in excess thereof, cash or common shares of beneficial interest, par value $.01 per share, of Federal Realty ("common shares"), or a combination thereof, at the election of the Partnership. The interest rate, exchange rate and other terms of the notes will be determined at the time of pricing of the Offering.
The Partnership intends to use the net proceeds from the Offering to pay the cost of the capped call transactions described below, for the repayment of indebtedness and for general corporate purposes. Pending such use, the net proceeds may be invested in short-term, income-producing investments or the Partnership may use the net proceeds to temporarily repay current and/or future amounts outstanding under its revolving credit facility. If the initial purchasers of the notes exercise their option to purchase additional notes, the Partnership expects to use a portion of the net proceeds from the sale of the additional notes to enter into additional capped call transactions with the option counterparties and the remaining net proceeds for the purposes described above.
In connection with the pricing of the notes, Federal Realty and the Partnership expect to enter into privately negotiated capped call transactions relating to the notes with one or more of the initial purchasers of the notes or their respective affiliates and/or other financial institutions (the "option counterparties"). The capped call transactions will cover, subject to customary adjustments, the number of Federal Realty's common shares that will initially underlie the notes.
The capped call transactions are expected generally to reduce the potential dilution to Federal Realty's common shares upon exchange of any notes and/or offset any cash payments the Partnership is required to make in excess of the principal amount of exchanged notes, as the case may be, with such reduction and/or offset subject to a cap.
In connection with establishing their initial hedges of the capped call transactions, the option counterparties or their respective affiliates may enter into various derivative transactions with respect to Federal Realty's common shares and/or purchase Federal Realty's common shares or other securities of Federal Realty in secondary market transactions concurrently with or shortly after the pricing of the notes, including with or from, as the case may be, certain investors in the notes. This activity could increase (or reduce the size of any decrease in) the market price of Federal Realty's common shares or the notes at that time.
In addition, the option counterparties or their respective affiliates may modify or unwind their hedge positions by entering into or unwinding various derivatives with respect to Federal Realty's common shares and/or purchasing or selling Federal Realty's common shares or other securities of Federal Realty or the Partnership in secondary market transactions following the pricing of the notes and prior to the maturity of the notes (and are likely to do so following any fundamental change repurchase, redemption or early exchange of the notes and during the 40 trading day period beginning on the 41st scheduled trading day prior to the maturity date of the notes, or, to the extent the Partnership exercises the relevant election under the capped call transactions, following any other repurchase of the notes). This activity could also cause, reduce the extent of or avoid an increase or a decrease in the market price of Federal Realty's common shares or the notes, which could affect a noteholder's ability to exchange the notes, and, to the extent the activity occurs following exchange or during any observation period related to an exchange of notes, it could affect the number of common shares, if any, and value of the consideration that noteholders will receive upon exchange of the notes.
Neither the notes nor the common shares issuable upon exchange of the notes have been registered under the Securities Act or any state securities laws, and unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws. Accordingly, the notes are being offered and sold only to persons reasonably believed to be qualified institutional buyers (as defined in Rule 144A under the Securities Act).
This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any offer or sale of, the notes in any jurisdiction in which the offer, solicitation or sale of the notes would be unlawful prior to the registration or qualification thereof under the securities laws of any such state or jurisdiction.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may be identified by use of terms such as "propose," "will," "expect," "shall," and similar terms or the negative of such terms, and include, without limitation, statements regarding the expected timing, size, and completion of the proposed Offering, the grant to the initial purchasers of the option to purchase additional notes, the expected use of the net proceeds of the Offering, and other information that is not historical information. Actual results or developments may differ materially from those projected or implied in these forward-looking statements. Factors that may cause such a difference include risks and uncertainties related to completion of the Offering on the anticipated terms or at all, market conditions, and the satisfaction of customary closing conditions related to the Offering. More information about the risks and uncertainties faced by Federal Realty and the Partnership is contained in the section captioned "Risk Factors" in Federal Realty's and the Partnership's Securities and Exchange Commission ("SEC") filings, including their Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as well as subsequent SEC filings. The forward-looking statements contained in this release are as of the date of this release, and, except as required by law, neither Federal Realty nor the Partnership undertakes any obligation to update any such statements, whether as a result of new information, future events or otherwise.
About Federal Realty
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets and select underserved regions with strong economic and demographic fundamentals. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. This includes a portfolio of open-air shopping centers and mixed-use destinations—such as Santana Row, Pike & Rose, and Assembly Row—which together reflect the company's ability to create distinctive, high-performing environments that serve as vibrant destinations for their communities. Federal Realty's 103 properties include approximately 3,700 tenants in 28.8 million commercial square feet, and approximately 2,700 residential units.
Federal Realty has increased its quarterly dividends per common share for 59 consecutive years on an annualized basis, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT.
Hyliion získal kontrakt od U.S. Navy za 41,7 milionu USD na návrh a dodání dvou multi-megawattových modulů KARNO. Jde o jeho největší vojenskou zakázku dosud.
AUSTIN, Texas--(BUSINESS WIRE)--Hyliion Holdings Corp. (NYSE American: HYLN), a developer of modular power plant technology, today announced it has been awarded a $41.7 million contract from the Office of Naval Research (ONR) to design, develop, and deliver two multi-megawatt KARNO™ Power Modules for validation in land and maritime applications at NAVSEA, Philadelphia. This contract represents Hyliion’s largest military contract to date and marks a significant milestone in scaling the KARNO platform toward multi-megawatt power solutions for both defense and commercial applications.
Under the contract, Hyliion will develop and deliver two KARNO Power Modules rated at 2+ MW and 3+ MW scale, expanding the platform to support a broader range of U.S. Navy vessels and applications. These systems build on the company’s modular 800 kW architecture to meet the higher power requirements of naval and land-based missions.
“This contract accelerates the development of our multi-megawatt KARNO systems and expands the range of naval platforms the technology can support,” said Thomas Healy, Founder and CEO of Hyliion. “The Office of Naval Research has been a tremendous partner in advancing the KARNO technology, and their continued investment reflects the confidence they have built in both our team and the platform.”
The multi-megawatt KARNO Power Modules are expected to expand the capabilities that have driven Navy interest in the technology: unmatched fuel flexibility, high electrical efficiency, and a low-maintenance design optimized for demanding operating environments. These attributes can reduce logistical burden, extend mission endurance, and deliver resilient power for maritime and expeditionary operations while maintaining low acoustic and thermal signatures.
This award underscores the critical role of investment in accelerating innovative power technologies that support national security and the domestic industrial base. It also validates Hyliion’s strategy of deploying a common KARNO architecture across diverse markets, enabling the same scalable platform to serve both defense missions and high-growth distributed power applications including data centers.
The views expressed are those of the author and do not reflect the official policy or position of the Department of Defense or the U.S. Government.
About Hyliion
Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The Company’s primary focus is to provide modular power plant technology that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, Ohio, Hyliion is initially targeting the commercial and waste management industries with a locally deployable KARNO Power Module that can offer prime power as well as energy arbitrage opportunities. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine vessels. The Company aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy. For further information, please visit www.hyliion.com.
Forward-Looking Statements
The information in this press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding Hyliion and its future financial and operational performance, as well as its strategy, future operations, estimated financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management are forward looking statements. When used in this press release, including any oral statements made in connection therewith, the words "could," "should," "will," "may," "believe," "anticipate," "intend," "estimate," "expect," "project," the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.
These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events.
Except as otherwise required by applicable law, Hyliion expressly disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements herein, to reflect events or circumstances after the date of this press release. Hyliion cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Hyliion. These risks include, but are not limited to, our status as an early stage Company with a history of losses; our expectation of incurring significant expenses and continuing losses for the foreseeable future; our ability to develop key commercial relationships with suppliers and customers; our ability to retain the services of Thomas Healy, our Chief Executive Officer; the expected performance of the KARNO generator and system; the execution of the strategic shift from our powertrain business to our KARNO business, and the other risks and uncertainties described under the heading "Risk Factors" in our SEC filings including in our Annual Report (See item 1A. Risk Factors) on Form 10-K filed with the Securities and Exchange Commission (the "SEC") on February 25, 2026 for the year ended December 31, 2025 and our subsequently filed Form 10-Qs. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Should one or more of the risks or uncertainties described in this press release occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact Hyliion’s operations and projections can be found in its filings with the SEC. Hyliion’s SEC Filings are available publicly on the SEC’s website at www.sec.gov, and readers are urged to carefully review and consider the various disclosures made in such filings.
eBay ve 2. čtvrtletí zvýšil tržby o 15 % na 3,13 mld. USD a upravený EPS 1,60 USD překonal odhad. Firma zároveň uvedla výhled tržeb na 3. čtvrtletí v rozmezí 3,07 až 3,12 mld. USD, nad odhady trhu.
eBay Inc (NASDAQ:EBAY) on Wednesday reported upbeat second-quarter financial results.
eBay reported second-quarter revenue of $3.1 3 billion, up 15% year-over-year. The revenue total beat a Street consensus estimate of $3.02 billion, according to data from Benzinga Pro. The company reported second-quarter adjusted earnings per share of $1.60, beating a Street estimate of $1.51.
“eBay’s second quarter delivered meaningful, broad-based momentum driven by continued innovation and focused execution against our strategic roadmap,” eBay CEO Jamie Iannone said.
The company is guiding for third-quarter earnings per share in a range of $1.36 to $1.42 versus a Street estimate of $1.42. Guidance for third-quarter sales is $3.07 billion to $3.12 billion, versus a Street estimate of $2.97 billion. The sales guidance represents year-over-year growth of 8% to 10%, lower than the 15% in the second quarter.
eBay shares rose 1.4% to $112.75 in pre-market trading.
These analysts made changes to their price targets on eBay following earnings announcement.
Needham analyst Bernie McTernan maintained the stock with a Buy and raised the price target from $122 to $135. Cantor Fitzgerald analyst Deepak Mathivanan maintained the stock with a Neutral and lowered the price target from $110 to $106. Considering buying EBAY stock? Here’s what analysts think:
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BigCommerce ve 2. čtvrtletí zvýšil tržby na 84,5 milionu USD a non-GAAP provozní zisk na 8,1 milionu USD, ale snížil celoroční výhled. Firma zároveň uvedla, že dál tlačí na AI, produktovou inteligenci a B2B, a že úprava výhledu souvisí s koncentrovanější partnerskou strategií, cílenými produktovými investicemi a přetrvávající slabostí v aktivitě B2C replatformingu.
Bigcommerce NASDAQ: BIGC, which operates under the Commerce brand, reported second-quarter 2026 revenue of $84.5 million and non-GAAP operating income of $8.1 million, exceeding its prior operating-income guidance range of $4 million to $5 million. The company also revised its full-year outlook lower, citing a more concentrated partner strategy, targeted product investment and continued softness in B2C replatforming activity.
Chief Executive Officer Travis Hess said the company generated positive GAAP net income for the second consecutive quarter and improved net revenue retention for a third straight quarter. Net revenue retention reached 95.8%, up from 95.4% in the first quarter, while gross merchandise value rose 14% year over year to $8.8 billion.
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Profitability and cash generation improve Subscription solutions revenue totaled $63.1 million in the second quarter, while partner and services revenue was $21.4 million. Non-GAAP operating margin was 9.6%, an improvement of nearly 400 basis points from a year earlier.
Chief Financial Officer and Chief Operating Officer Daniel Lentz said annual recurring revenue ended the quarter at $360.5 million, compared with $359.8 million in the prior quarter. The company ended June with more than $157 million in cash equivalents, restricted cash and marketable securities. Its net cash position increased by nearly $22 million from a year earlier, according to Lentz.
For the first half of 2026, Commerce generated operating cash flow of $23.5 million and free cash flow of $14.1 million, compared with $14 million and $9 million, respectively, in the prior-year period. Second-quarter operating cash flow was $5.1 million and free cash flow was $0.1 million, as capital expenditures rose to $5 million from $1.7 million a year earlier to support product investment.
The company said it remains on track to achieve GAAP profitability for the full year.
Company shifts focus toward product intelligence and AI Hess described a changing commerce environment in which product discovery is increasingly spread across marketplaces, retail media networks, AI search, shopping agents and other channels rather than occurring only through a merchant’s website.
Commerce is organizing its strategy around three “control planes”: Feedonomics for product intelligence, Makeswift for digital experiences and BigCommerce for transactions and operational workflows. Feedonomics processes and transforms more than one trillion product listings each month, Hess said.
The company plans to introduce data-enrichment offerings across Feedonomics and BigCommerce in the third quarter, intended to improve and measure product discovery across conventional and AI-driven channels. In early fourth quarter, it expects to launch a B2C brand agent and conversational search capabilities for BigCommerce.
Hess said Commerce is also preparing a year-end freemium launch of Makeswift within BigCommerce. Feedonomics Surface, a self-service product-intelligence offering for small and mid-market merchants, continued to see adoption and stronger GMV growth among its users, he said.
Commerce has also expanded BigCommerce Payments following its U.S. launch earlier this year. Lentz said payment GMV has been running more than 30% ahead of internal plans, while adoption has included both new customers and existing accounts. The company expects to launch the offering in the U.K. later this year.
B2B strength contrasts with slower B2C replatforming B2B GMV increased 17% year over year, ahead of the platform-wide 14% GMV growth rate. Management said B2B pipeline, win rates and gross retention were stronger than those of the broader business.
However, the company noted that B2B transaction volumes tend to include fewer card-based payments, resulting in less partner revenue share than B2C activity. Lentz said closing the gap between GMV growth and revenue growth through payments, cross-selling and improved product attach rates remains a priority.
Management said B2C replatforming demand has remained subdued, with customer decision cycles taking longer as merchants consider AI’s effect on their technology choices. Hess told analysts that the company has not observed a material change in win rates or losses, characterizing the trend as more of a delay in decision-making than a broad loss of opportunities.
The company said its June pricing and packaging changes were not a broad price increase and have not affected pipeline activity or conversion rates. Lentz said the changes primarily affected smaller business plans and the company’s payments approach, while negotiated agreements representing most of its ARR were not affected.
Outlook lowered on partner decisions and investment Commerce updated its full-year 2026 outlook to revenue of $336.5 million to $344.5 million and non-GAAP operating income of $28 million to $34 million. At the midpoint, the revenue forecast is $18 million below the company’s previous outlook, while the non-GAAP operating-income midpoint is lower by $12.5 million.
For the third quarter, the company forecast revenue of $82.5 million to $85.5 million and non-GAAP operating income of $3.3 million to $5.3 million.
Lentz said the revised outlook reflects an approximately even contribution from two factors:
A decision to reduce exposure to portions of the partner ecosystem in favor of a smaller set of deeper strategic relationships. A more cautious outlook for new account bookings during the second half, particularly in B2C replatforming. The reduced operating-income outlook also incorporates higher research-and-development spending and increased infrastructure costs related to AI-driven discovery. Non-GAAP gross margin declined sequentially to 75.7% from 77.4% in the first quarter, largely because of higher hosting costs from AI crawlers and agents accessing merchant storefronts.
Hess said the company intends to keep merchant storefronts broadly accessible to AI agents despite the added near-term costs, arguing that the traffic reflects growing demand from AI-based discovery surfaces. Commerce said it is redirecting operating efficiencies toward product intelligence, payments, B2B, Makeswift and AI-related capabilities as it seeks to improve long-term monetization.
About Bigcommerce (NASDAQ:BIGC)BigCommerce Holdings, Inc NASDAQ: BIGC is a software-as-a-service (SaaS) company that provides a cloud-based e-commerce platform designed to help merchants create, manage and scale online stores. Its platform offers a suite of tools including storefront design and customization, shopping cart functionality, payment gateway integrations, order management, shipping and tax solutions, and security features. The open architecture of its API-driven platform enables businesses to connect with a wide range of third-party applications, marketplaces and digital channels.
The company was founded in 2009 by Eddie Machaalani and Mitchell Harper and is headquartered in Austin, Texas, with additional offices in San Francisco and Sydney.
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Peloton v fiskálním roce 2026 vykázal první celoroční čistý zisk 63,2 mil. USD, ale pro fiskální rok 2027 čeká pokles tržeb téměř o 4 % na 2,3 až 2,4 mld. USD.
Peloton delivered its first full year of net profit and operating income in fiscal 2026, but said it expects sales to fall in the coming fiscal year as it begins to lap price increases on its hardware and subscription plans.
Peloton shares tumbled about 13% in premarket trading as the outlook disappointed investors. Even so, Peloton CEO Peter Stern highlighted the major strides the company has made in becoming profitable.
"This was the year where Peloton sort of grew up," Stern told CNBC in an interview, calling fiscal 2026 a "landmark" year for the company financially. "That solid foundation positions us for what we need to do to get to long-term growth to deliver on our strategy of becoming a connected wellness company and puts us in really our strongest position to date."
In the year ended June 30, Peloton posted a net income of $63.2 million, up from a loss of $118.9 million in the year-ago period, helped in part by the brand's decision to raise prices last fall.
Looking ahead to fiscal 2027, the company expects another year of positive free cash flow. It also anticipates gross margin and adjusted earnings before interest, tax, depreciation and amortization will grow compared to the prior year.
Aside from its fiscal year, Peloton issued mixed results during its fiscal fourth quarter.
Here's how the company performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:
Earnings per share: 13 cents vs. 13 cents expectedRevenue: $608 million vs. $598 million expectedPeloton's reported net income for the three-month period that ended June 30 was $61.6 million, or 13 cents per share, compared with $21.6 million, or five cents per share, a year earlier.
Sales rose to $607.7 million, up slightly from $606.9 million a year earlier.
Though it raised prices last fall, Peloton's annual sales still fell in fiscal 2026 compared to the year-ago period. In the current fiscal year 2027, Peloton said it expects sales to fall nearly 4% to between $2.3 billion and $2.4 billion, worse than the $2.42 billion analysts had been looking for, according to LSEG.
It shows that while Peloton has made enormous strides in becoming a stronger, more profitable business with more say over its destiny, it's still struggling to sell its pricey hardware and keep subscribers engaged and paying.
"We are gradually improving the trajectory of our gross adds and our connected fitness sales while we're keeping churn flat," said Stern. "We're not at the stage yet where we turn the net of all those things positive, but we're getting better and better so that's basically the story of [fiscal year] '27. We're a work in progress on that one but the trajectory is getting better in '27 than it's been in a long time."
Peloton recently hired Sarah Robb O'Hagan as its new chief content and member development officer, replacing company veteran Jen Cotter, as Peloton looks to stabilize churn, or subscribers dropping off memberships. In the role, Robb O'Hagan will focus on accelerating innovation and driving engagement and loyalty, said Stern.
"We've kicked off a major project under Sarah focusing on member development. This looks at everything from onboarding through to the experience of live classes," said Stern.
"The other thing that Sarah's done is at the same time that we're adding new instructors, she has resigned contracts with a significant portion of our existing instructors. So we're continuing to deliver on what our members love about Peloton while also sort of challenging them to broaden their experience," he added.
Peloton is pursuing a number of new revenue streams under Stern. It recently announced a partnership with Spotify and is working to launch its first ever commercial Bike and Tread this fall, which will allow Peloton to expand into commercial gyms. Stern couldn't yet say which gyms the company might be partnering with as it just finalized pricing on the machines, but said there's been "plenty of interest."
"We're having lots of conversations, but we're not actually making sales yet," said Stern.
Redfin uvedl, že rozjednané prodeje v USA klesly mezitýdně o 3,7 % na nejnižší úroveň za více než 5 měsíců, protože hypoteční sazby vystoupaly na téměř roční maximum.
New listings edged higher, but buyers pulled back as mortgage rates climbed to their highest level in nearly a year
, /PRNewswire/ -- The number of homes going under contract fell 3.7% week over week nationwide—the steepest decline since 2022—as would-be buyers pressed pause amid high mortgage rates. That's according to a new report from Redfin, the real estate brokerage powered by Rocket.
Redfin is taking a break from analysis this week, but please see the tables and charts below for this week's housing-market data.
Down 4% from a
week earlier (as of
week ending July 29)
Up 3%
Mortgage Bankers
Association
Google searches of
"homes for sale"
Down about 3% from
a month earlier (as of
Aug. 2)
Down 6%
Google Trends
Touring activity
Up 12% from the
start of the year (as of
July 26)
At this time last year, it
was up 29% from the
start of 2025
ShowingTime
Key housing-market data
U.S. highlights: Four weeks ending Aug. 2, 2026
Redfin's national metrics include data from 900+ U.S. metro areas and are based on homes listed and/or sold during the period. Weekly housing-market data goes back through 2021. Subject to revision.
Four weeks ending Aug. 2, 2026
Year-over-year change
Week-over-week
change (where applicable)
Notes
Median sale price
$406,362
2.9 %
Median asking price
(seasonally adjusted)
$398,666
1.1 %
Median monthly mortgage
payment (seasonally adjusted)
$2,631 at a 6.66% mortgage rate
0.6 %
Pending sales (seasonally adjusted)
311,150
-1.9 %
-3.7 %
Lowest level in over 5
months, biggest weekly
decline since 2022
New listings (seasonally adjusted)
354,313
0.2 %
1 %
Active listings (seasonally adjusted)
1,468,943
-0.3 %
-1.5 %
Months of supply
3.6
Unchanged
4 to 5 months of supply
is considered balanced,
with a lower number
indicating seller's
market conditions
Share of homes off market in two weeks
31.5 %
Unchanged
Median days on market
41
-1 day
Share of home listings with price drops
21.5 %
Unchanged
Share of homes sold above list price
27.6 %
Up from about 27%
Average sale-to-list price ratio
99 %
Up from 98.8%
Metro-level highlights: Four weeks ending Aug. 2, 2026
Redfin's metro-level data includes the 50 most populous U.S. metros. Select metros may be excluded from time to time to ensure data accuracy.
Metros with biggest year-over-
year increases
Metros with biggest year-over-
year decreases
Notes
Median sale price
Newark, NJ (9.8%)
West Palm Beach, FL (9.5%)
Baltimore (7.6%)
St. Louis (6.8%)
Cleveland (6.5%)
San Jose, CA (-4.2%)
Seattle (-1.8%)
Dallas (-1.6%)
Los Angeles (-0.8%)
Indianapolis (-0.4%)
Portland, OR (-0.4%)
Las Vegas (-0.3%)
Declined in 7 metros
Pending sales
West Palm Beach, FL (13%)
Cincinnati (7.1%)
Pittsburgh (6.7%)
St. Louis (3.9%)
Chicago (3.4%)
Seattle (-19.8%)
Houston (-17.1%)
Phoenix (-15%)
Denver (-10.9%)
Atlanta (-9.8%)
New listings
St. Louis (13%)
San Jose, CA (11.7%)
Montgomery County, PA (9.7%)
Boston (9.4%)
Chicago (8.1%)
Dallas (-12.6%)
Atlanta (-10.9%)
Fort Worth, TX (-10.8%)
Miami (-10.1%)
San Antonio (-9.8%)
To view the full report, including charts, please visit:
https://www.redfin.com/news/housing-market-update-homebuying-demand-stalls-summer
About Redfin
Redfin is a technology-driven real estate company with the country's most-visited real estate brokerage website. As part of Rocket Companies (NYSE: RKT), Redfin is creating an integrated homeownership platform from search to close to make the dream of homeownership more affordable and accessible for everyone. Redfin's clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and save thousands in fees while working with a top local agent.
You can find more information about Redfin and get the latest housing market data and research at https://www.redfin.com/news. For more information about Rocket Companies, visit https://www.rocketcompanies.com.
Newly pending sales fell sharply from June as mortgage rates hit their highest point in a year, signaling that July's sales bump may not last
Home sales rose 7% year over year in July, the strongest annual gain of the year, according to Zillow's July Market Report. This largely represents transactions in which an offer was accepted in June. Newly pending listings, a leading indicator of future closings, grew just 0.3% from a year ago and fell 7.7% from June. Inventory sits 1.5% above year-ago levels, helped by 3.1% annual growth of new listings, extending the 32-month streak of supply gains. , /PRNewswire/ -- Home sales surged 7% in July, the strongest annual gain seen so far this year, according to the Zillow® July Market Report. But a closer look takes some air out of that headline figure. Newly pending listings are up just 0.3% year over year, suggesting the pipeline of future sales is running dry.
July's headline sales figure reflects contracts signed weeks earlier, when mortgage rates were hovering in the 6.5% range. A fresh oil price shock in July sent mortgage rates higher, likely prompting many home shoppers to pause their search.
The affordability edge that has been a silver lining to an otherwise disappointing home shopping season may disappear in the coming months. U.S. home values are up 1.1% from a year ago, according to the Zillow Home Value Index. A monthly mortgage payment on the typical U.S. home in July, assuming a 20% down payment, was 0.9% lower than the year prior. Unless they reverse course, mortgage rates will be higher than last year in August, likely enough to push the typical mortgage payment above year-ago levels.
"July was a strong month for existing home sales, but unfortunately it may represent the peak of what we can expect for the rest of the year," said Mischa Fisher, chief economist at Zillow. "Closed sales in July mostly reflect offers accepted in June, when underlying pent-up demand for housing, combined with an improving rate environment, drove strong activity. Unfortunately, the weak growth in newly pending sales in July and the worsening rate environment portend a weaker half of the year for sales growth, with flat to declining transaction volumes for the remainder of the year in some regions."
Home Values & Mortgage Payments
The typical U.S. home value is $371,757. The Zillow Home Value Index (ZHVI) rose 0.4% month over month in July. Home values are 1.1% higher than a year earlier. The monthly mortgage payment on a typical U.S. home is $1,888, assuming a 20% down payment and excluding taxes and insurance. That is 0.9% lower than last year. Inventory
There were 1.41 million homes for sale nationwide in July. Active inventory was 1.5% higher than a year earlier. Inventory rose 0.9% from June. New for-sale listings totaled 387,203 in July, up 3.1% from a year earlier and down 4.2% from June. Sales
382,898 homes were sold in July, according to the preliminary Zillow sales count nowcast. That is 7% higher than a year earlier but down 2.7% from June. These figures will be revised mid-month. Newly pending listings, which measures listings that changed from for-sale to pending status rather than closed sales, shows 0.3% growth from a year earlier and a 7.7% decrease from June. Competition
Homes took a median of 25 days to go pending in July. That was five days longer than a year earlier and one day longer than June. The share of listings with a price cut in July was 27.1%. That was down from 27.4% a year earlier and up from 25.7% in June. 30.8% of homes sold above list price in June, the most recent data available. That's compared to 30.9% a year earlier and 30.2% in May. Rents
The typical rent nationwide is $1,962, according to the Zillow Observed Rent Index. That's 2.3% higher than a year earlier and up 0.3% from June. 39.8% of rental listings on Zillow offered a concession in July. That's up from 36% a year earlier and up from 39.7% in June. 39.8% of rental listings on Zillow offered a concession in July. That's compared to 36% a year earlier and 39.7% in June. Local data can be found on Zillow's market explorer. The Zillow August Market Report is expected to be released September 8.
Zillow July Market Report
Metro Area*
Typical
Home
Value
(ZHVI)
Home
Value
Change:
MoM
Home
Value
Change:
YoY
Inventory
Change:
YoY
Sales
Count
Nowcast
Change:
YoY
Typical
Rent
(ZORI)
Rent
Change:
MoM
Rent
Change:
YoY
United States
$371,757
0.4 %
1.1 %
1.5 %
7 %
$1,962
0.3 %
2.3 %
New York, NY
$739,990
0.8 %
4.6 %
1.9 %
-0.8 %
$3,627
0.8 %
4.5 %
Los Angeles, CA
$966,820
0.1 %
0.9 %
-2.8 %
2.1 %
$2,944
0.1 %
1.5 %
Chicago, IL
$361,494
0.9 %
4.8 %
1 %
7.2 %
$2,253
0.4 %
5.1 %
Dallas, TX
$364,682
0.1 %
-2.2 %
-4.7 %
5.1 %
$1,667
0 %
0.1 %
Houston, TX
$307,199
0.1 %
-1.9 %
3 %
6.5 %
$1,654
0.1 %
0 %
Washington, DC
$581,129
0.1 %
0.1 %
10.8 %
4.5 %
$2,456
0.3 %
0.4 %
Philadelphia, PA
$393,122
0.5 %
2.4 %
8.6 %
2.3 %
$1,925
0.4 %
3.4 %
Miami, FL
$478,760
0.4 %
-0.2 %
-14.9 %
15.8 %
$2,677
0.2 %
1.4 %
Atlanta, GA
$381,578
0.1 %
-1.5 %
-0.5 %
2.8 %
$1,855
0.5 %
2.1 %
Boston, MA
$743,469
0.4 %
2 %
12.4 %
13 %
$3,165
-0.1 %
2.6 %
Phoenix, AZ
$445,622
0 %
-1.1 %
-1.1 %
5.9 %
$1,727
0.2 %
0.3 %
San Francisco, CA
$1,143,620
0.1 %
2.1 %
-15.8 %
7.9 %
$3,372
1.8 %
9.7 %
Riverside, CA
$586,925
0.2 %
-0.1 %
-7.2 %
1.3 %
$2,547
0.1 %
2.5 %
Detroit, MI
$270,291
0.5 %
1.8 %
11.7 %
-2.7 %
$1,531
0.4 %
3.6 %
Seattle, WA
$741,028
-0.3 %
-1.5 %
17.2 %
-4.4 %
$2,282
0.5 %
1.4 %
Minneapolis, MN
$394,679
0.5 %
1.6 %
19 %
14 %
$1,725
0.4 %
3.5 %
San Diego, CA
$936,560
0 %
0.6 %
-7.7 %
9.6 %
$3,008
0.3 %
1.8 %
Tampa, FL
$361,516
0.3 %
-1.2 %
-8.9 %
10.7 %
$2,013
0.1 %
-0.5 %
Denver, CO
$567,979
-0.1 %
-1.7 %
-3.9 %
7.8 %
$1,930
0.3 %
-0.9 %
Baltimore, MD
$404,816
0.2 %
0.5 %
12.2 %
13 %
$1,946
0.6 %
2.5 %
St. Louis, MO
$278,129
0.5 %
3.3 %
9.7 %
-0.6 %
$1,445
0.5 %
4.3 %
Orlando, FL
$386,386
0.1 %
-1.7 %
-4.8 %
11 %
$1,959
-0.1 %
0.6 %
Charlotte, NC
$387,653
0 %
-0.6 %
11.6 %
7.2 %
$1,756
0.2 %
0.6 %
San Antonio, TX
$278,613
0 %
-1.9 %
4 %
8.2 %
$1,425
0.2 %
-1.8 %
Portland, OR
$550,185
0.2 %
-0.3 %
2.1 %
5.5 %
$1,810
0.2 %
0.3 %
Sacramento, CA
$582,570
0.2 %
-0.3 %
-7.1 %
9 %
$2,296
-0.1 %
1.7 %
Pittsburgh, PA
$231,278
0.3 %
-0.2 %
15.7 %
2 %
$1,499
0.3 %
3.4 %
Cincinnati, OH
$311,118
0.3 %
2.2 %
11.4 %
9.6 %
$1,552
0.3 %
2.7 %
Austin, TX
$424,478
0.1 %
-4.5 %
-4.6 %
19.7 %
$1,647
0.3 %
-0.9 %
Las Vegas, NV
$428,201
0 %
-2.8 %
0.5 %
6.3 %
$1,747
-0.1 %
0.2 %
Kansas City, MO
$331,205
0.5 %
3.7 %
2.5 %
11.9 %
$1,546
0.6 %
3.7 %
Columbus, OH
$332,969
0.3 %
1.2 %
12.3 %
18.2 %
$1,519
0.5 %
1.9 %
Indianapolis, IN
$295,966
0.3 %
0.9 %
12.7 %
8.4 %
$1,571
0.6 %
2.7 %
Cleveland, OH
$254,758
0.7 %
3.5 %
14.3 %
7.3 %
$1,476
0.6 %
4.3 %
San Jose, CA
$1,569,703
-0.6 %
-0.4 %
0.4 %
3.2 %
$3,782
1.4 %
7 %
Nashville, TN
$455,148
0.2 %
-0.5 %
8.7 %
8.5 %
$1,820
0.4 %
0.6 %
Virginia Beach, VA
$376,678
0.5 %
2.8 %
4.8 %
7.8 %
$1,877
0.8 %
5.9 %
Providence, RI
$531,026
0.7 %
3.6 %
5.3 %
-1.5 %
$2,180
0.2 %
3.6 %
Jacksonville, FL
$352,756
0.2 %
-0.4 %
-14.3 %
5.2 %
$1,711
0.3 %
1.4 %
Milwaukee, WI
$393,714
0.8 %
5.3 %
9.7 %
15.7 %
$1,545
0.5 %
4.7 %
Oklahoma City, OK
$246,398
0.2 %
0.9 %
5.9 %
4.1 %
$1,390
0.2 %
2.4 %
Raleigh, NC
$436,918
0.1 %
-1.6 %
12.1 %
1.4 %
$1,683
0.4 %
0.5 %
Memphis, TN
$245,565
0 %
0 %
11.5 %
5.4 %
$1,422
0.3 %
1.2 %
Richmond, VA
$398,387
0.4 %
2.6 %
4.5 %
8.2 %
$1,751
0.2 %
2.7 %
Louisville, KY
$282,162
0.2 %
1.4 %
17.4 %
10.8 %
$1,357
0 %
1.8 %
New Orleans, LA
$262,731
0.2 %
2.2 %
-2.1 %
8.1 %
$1,604
0.2 %
1.2 %
Salt Lake City, UT
$567,006
0.2 %
1.1 %
0.9 %
19.9 %
$1,647
0.1 %
0.5 %
Hartford, CT
$405,762
0.8 %
5 %
5.5 %
1.2 %
$2,020
0.3 %
2.8 %
Buffalo, NY
$292,737
0.9 %
3.9 %
16.8 %
7.1 %
$1,446
0.6 %
3.3 %
Birmingham, AL
$263,910
0.4 %
2.4 %
6.4 %
8.8 %
$1,456
0.3 %
1.4 %
*Table ordered by market size
Forward-looking statements
This press release includes forward-looking statements about future housing market conditions, mortgage rates, rental trends and other economic factors. These statements are based on current expectations and assumptions, which are subject to change. Actual outcomes may differ materially due to changes in economic and market conditions. Forward-looking statements speak only as of the date of this release, and Zillow Group undertakes no obligation to update them.
About Zillow Group
Zillow Group, Inc. (Nasdaq: Z and ZG) is reimagining real estate to make home a reality for more and more people.
As the most visited real estate app and website in the United States, Zillow connects hundreds of millions of consumers with innovative technology, trusted agents and loan officers, and seamless digital solutions. With industry-leading tools and resources, Zillow supercharges real estate professionals so they can grow their businesses and deliver exceptional client experiences. For renters and housing providers, Zillow offers not only a robust marketplace but a set of end-to-end products and services to streamline applications, leases, payments and more.
Zillow's ecosystem spans the entire home journey — from dreaming and shopping to renting, buying, selling and financing.
Zillow Group's affiliates, subsidiaries and brands include Zillow®, Zillow Premier Agent®, Zillow Home Loans®, Zillow Rentals®, Zillow® New Construction, Trulia®, StreetEasy®, Out East®, HotPads®, Follow Up Boss®, ShowingTime®, dotloop® and Zillow® Closing.
Medtronic získal rozšířené značení CE pro systém Affera se sondou Sphere-9 k léčbě komorových arytmií včetně komorové tachykardie a PVC. FDA zároveň udělil sondě označení Breakthrough Device Designation.
Sphere-9 all-in-one mapping and ablation, large-tip focal, dual energy catheter first to be CE Marked for ventricular ablation
New indication marks important milestone for ventricular arrhythmia patients as positive physician sentiment and global expansion for Sphere‑9 continue
Sphere VT U.S. pivotal trial enrollment underway
, /PRNewswire/ -- Medtronic (NYSE: MDT), a global leader in healthcare technology, today announced an expanded CE Mark indication for the Affera™ Mapping and Ablation System with Sphere-9™ Catheter to treat ventricular arrhythmias, including ventricular tachycardia (VT) and premature ventricular complexes (PVCs). The Sphere-9 catheter is the first all-in-one mapping and ablation, large-tip focal, dual-energy catheter CE marked for ventricular ablation.
"This milestone is a major step forward as we continue to expand the footprint of the Affera technology to more physicians and patients," said Rebecca Seidel, president of the Electrophysiology Therapies business at Medtronic. "Indication expansion to include ventricular arrhythmias unlocks another fast-growing market opportunity to keep building on our momentum, powered by the versatility, safety and efficiency of the Sphere-9 catheter."
Additionally, in recognition of the critical unmet need for ventricular arrhythmia treatments, the U.S. Food and Drug Administration (FDA) granted Breakthrough Device Designation for the Sphere-9 catheter for the treatment of ventricular arrhythmias, which provides an expedited regulatory pathway for the technology in this patient population. The Sphere VT pivotal trial to evaluate Sphere-9 for the treatment of VT and support future approval in the US is now enrolling patients.
The Affera Mapping and Ablation System with Sphere-9 Catheter is an all-in-one, dual-energy pulsed field (PF) and radiofrequency (RF) ablation and high-definition mapping catheter for use in cardiac ablation procedures.
"Physicians have long needed better tools for ventricular arrhythmias, and we're proud to deliver a technology that addresses this unmet need and moves the needle on patient care," said Khaldoun Tarakji, M.D., MPH, vice president, chief medical officer, Cardiac Ablation Solutions business, which is part of the Cardiovascular Portfolio at Medtronic. "The unique features of Sphere-9, including a single catheter to map and ablate using radiofrequency or pulsed field energy and a large footprint, make it an excellent tool for a variety of arrhythmias, including those that may be challenging to treat."
About Ventricular Arrhythmias
VT is a potentially life-threatening arrhythmia that causes the heart to beat abnormally fast.1 Unlike atrial fibrillation, VT affects the lower chamber of the heart and often presents after a heart attack or together with other advanced heart diseases.1,2 VT patients are often treated with medications and may receive life-saving therapies from implanted defibrillators in the form of pacing or shocks.1 Catheter ablation for VT is an established treatment option, but outcomes have remained suboptimal2 with little ablation tool innovation in recent years. As a result, a significant unmet need exists to improve patient care.3
PVCs are extra or early heartbeats that start in the heart's lower chambers (ventricles), briefly disrupting normal rhythm and potentially causing a flutter-like feeling in the chest.4
About Medtronic
Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Galway, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people across 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic, visit Medtronic.com and follow @Medtronic on LinkedIn.
Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.
Sciria,C. et al. Trends and Outcomes of Catheter Ablation of Ventricular Tachycardia in Patients With Ischemic and Nonischemic Cardiomyopathy. Circ: Arr. and Elec. 2022; vol.15, no. 4. 2019 HRS/EHRA/APHRS/LAHRS expert consensus statement on catheter ablation of ventricular arrhythmias. Cheung, J, et al. Outcomes, Costs, and 30-Day Readmissions After Catheter Ablation of Myocardial Infarct–Associated Ventricular Tachycardia in the Real World: Nationwide Readmissions Database 2010 to 2015. Circ: Arr. and Elec. 2018; vol. 11, issue 11. American Heart Association, "Premature Contractions: PACs and PVCs." https://www.heart.org/en/health-topics/arrhythmia/about-arrhythmia/premature-contractions-pacs-and-pvcs Contacts:
Leslie Williamson
Public Relations
+1-612-227-5099
Ingrid Goldberg
Investor Relations
+1-763-505-2696
Suncor Energy jmenovala interního kandidáta Petera Zebedeeho svým příštím generálním ředitelem. Stane se prezidentem a generálním ředitelem v dubnu 2027. CFO Troy Little z firmy odešel.
General view of the Suncor Energy refinery in Sarnia, Ontario, Canada March 20, 2021. REUTERS/Carlos Osorio Purchase Licensing Rights, opens new tab
CompaniesAug 6 (Reuters) - Canada's Suncor Energy (SU.TO), opens new tab on Thursday named insider Peter Zebedee its next CEO, and said Chief Financial Officer Troy Little left the company.
Zebedee, currently executive vice president of Suncor's upstream business, will succeed Rich Kruger as president and chief executive in April 2027 — when Kruger transitions to executive vice chair, the company said.
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As part of the succession plan, Zebedee will become president and CFO on September 14, overseeing all non-operating functions while working alongside Kruger to ensure leadership transition.
Suncor did not disclose why Little left.
Zebedee joined Suncor in 2022 after serving as CEO of LNG Canada. He previously held senior roles at Shell (SHEL.L), opens new tab, Petro-Canada and Syncrude and has more than three decades of experience in the energy industry.
Reporting by Arunima Kumar in Bengaluru; Editing by Joyjeet Das
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