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2026-07-24 22:35 15d ago
2026-07-24 17:45 15d ago
American Rebel Light Beer Amplifies National Brand Presence at the NHRA Northwest Nationals with Leah Pruett Headlining and Matt Hagan Returning as Defending Seattle Champion on FOX and FS1
FOXA Fox Corp
FMP Stock News
Original source text
TSR Racing and NHRA's powerhouse fanbase provide American Rebel Light Beer a premier national stage to showcase its patriotic brand - American Rebel Light - America's Patriotic Beer at the track and on national television broadcast

NASHVILLE, TN AND SEATTLE, WA / ACCESS Newswire / July 24, 2026 / American Rebel Holdings, Inc. (OTC PINK:AREB), maker of America's Patriotic Beer, accelerates into Pacific Raceways for the Muckleshoot Casino Resort NHRA Northwest Nationals (July 24-26) with a powerful two‑car Tony Stewart Racing showcase. Leah Pruett's American Rebel-branded Top Fuel Dragster leads the weekend as the primary flagship entry, while defending Seattle Funny Car Champion Matt Hagan carries secondary American Rebel branding as he returns to chase back‑to‑back titles.

American Rebel Light Beer Expands Its National Broadcast Footprint

American Rebel Light Beer will be prominently featured across national television coverage on FOX Sports 1 (FS1) and the FOX Broadcasting Network, delivering millions of impressions to motorsports fans and beer consumers nationwide. With two of the NHRA's most recognizable nitro drivers carrying American Rebel branding, the company strengthens its coast‑to‑coast visibility and reinforces its patriotic identity on one of drag racing's biggest stages.

"NHRA drag racing is pure American horsepower, and the fans represent the backbone of this country," said Andy Ross, Chairman and CEO of American Rebel Holdings, Inc.. "These are hardworking, freedom‑loving patriots who value grit, faith, family, and country. Seeing American Rebel Light Beer thunder down the track at over 300 miles per hour on national television isn't just exposure - it's a statement. We're putting America's Patriotic Beer front and center for millions who live the American Rebel lifestyle."

Tony Stewart Racing (TSR): Leah Pruett & Matt Hagan Lead the Brand

American Rebel continues its strong partnership with Tony Stewart Racing, anchoring two championship‑caliber nitro entries under one banner.

Leah Pruett - Top Fuel Dragster (Primary Sponsor - Seattle)Thirteen‑time NHRA national event winner and 2023 Top Fuel runner‑up Leah Pruett leads TSR's Top Fuel program aboard the American Rebel Light Top Fuel Dragster. Leah recorded her first victory of the 2026 season at Bristol and currently sitting third in the championship standings, Pruett embodies the relentless spirit of an American Rebel as she carries the American Rebel fully branded entry into Seattle.

Matt Hagan - Dodge//SRT Hellcat Funny Car (Secondary Sponsor - Seattle)

Four‑time NHRA Funny Car World Champion and 57‑time national event winner Matt Hagan returns to Pacific Raceways as the defending 2025 Seattle Funny Car Champion. American Rebel is proud to be a continuing sponsor on his TSR Dodge//SRT Hellcat, Hagan aims to secure back‑to‑back Northwest Nationals victories.

On‑Track Action & National Broadcast Schedule

On‑Track Competition (Pacific Time) • Friday, July 24 - Nitro Qualifying at 2:00 p.m. & 5:30 p.m. • Saturday, July 25 - Nitro Qualifying at 12:00 p.m. & 2:30 p.m. • Sunday, July 26 - Final Eliminations at 10:00 a.m.

National Broadcast (Eastern Time) • Friday, July 24 (FS1): Qualifying at 10:00 p.m. ET • Sunday, July 26 (FS1): Qualifying at 2:30 p.m. ET • Sunday, July 26 (FOX): Final Eliminations LIVE at 4:00 p.m. ET

Andy Ross on National and Northwest Momentum for American Rebel Holdings

"There's nothing in motorsports like the thunder of 11,000‑horsepower nitro engines and the passion of NHRA fans," said Andy Ross, CEO of American Rebel Holdings Inc. "We're proud to stand as the primary sponsor of Leah Pruett's Top Fuel Dragster and to support Matt Hagan's championship defense. The Pacific Northwest is home to hardworking, freedom‑loving Americans who embody the values our company was built upon."

"With national television coverage, passionate race fans, and two elite racers carrying American Rebel Light Beer, this weekend is a tremendous opportunity to amplify our brand presence nationwide. So grab an ice‑cold American Rebel Light, raise a toast to freedom, family, faith, and the American Dream, and join us for an unforgettable weekend of NHRA racing. Rebel Up!"

American Rebel is Building America's Patriotic Brand Through Motorsports and Music Events

American Rebel's NHRA platform serves as a powerful engine for national brand expansion:

National Broadcast Reach: FOX and FS1 deliver millions of impressions across the U.S.A. throughout the season for American Rebel Light Beer.

Distributor & Retail Growth: High‑visibility partnerships with TSR support shelf expansion and distributor acquisition.

Audience Alignment: NHRA fans strongly reflect American Rebel's core values - patriotism, hard work, freedom, and family.

Driving Consumer Engagement Beyond the Finish Line for American Rebel Light Beer

American Rebel continues leveraging premier motorsports sponsorships as an important component of its broader retail expansion strategy. By aligning with championship-caliber organizations like Tony Stewart Racing and competing across three NHRA professional classes, the Company continues generating meaningful exposure that supports retailer engagement, distributor relationships, consumer trial, and long-term brand recognition. These authentic consumer touchpoints complement American Rebel's expanding distribution footprint and reinforce the Company's strategy of growing America's Patriotic Brand through experiences that connect directly with consumers.

"Motorsports continue to be one of the most authentic ways for us to connect with hardworking Americans who share our values," Andy Ross, Chief Executive Officer, American Rebel Holdings, Inc. "We're proud to have Matt Hagan, Leah Pruett, and John Hall representing American Rebel across three professional NHRA classes while showcasing America's Patriotic Brand before one of the most passionate fan bases in sports. Every race weekend creates new opportunities to introduce consumers to American Rebel Light Beer, strengthen relationships with our retail partners, and continue building a brand that celebrates freedom, faith, family, and the American spirit."

About American Rebel Light Beer
American Rebel Light Beer is a crisp, refreshing, all-natural, better-for-you premium light lager created for consumers who celebrate freedom, country music, motorsports, tailgates, backyard barbecues, patriotic festivals, and the American way of life. The brand is built around its signature statement: American Rebel Light Beer - America's Patriotic, GOD FEARING, CONSTITUTION LOVING, NATIONAL ANTHEM SINGING, STAND YOUR GROUND BEER™. Brewed and co-packed by City Brewing, one of North America's premier contract brewing partners, and facilitated through AlcSource, a leading beverage alcohol facilitator, American Rebel Light Beer brings the Company's patriotic lifestyle brand into the beverage category with a fully scalable supply chain designed to support high-frequency social occasions and community-driven celebrations. The brand is built for the moments when Americans come together: Fourth of July celebrations, concerts, race weekends, sporting events, tailgates, military appreciation events, and patriotic gatherings across the country. As America celebrates its 250th birthday in 2026, American Rebel Light Beer is proud to be the beer patriotic Americans raise in honor of freedom. American Rebel Light Beer. It tastes like Freedom.

www.americanrebelbeer.com

About American Rebel Holdings, Inc.
American Rebel Holdings, Inc. (OTC PINK:AREB) is America's Patriotic Brand. The Company is a Nevada corporation with its principal executive offices in Nashville, Tennessee, and offers safes and security products, branded lifestyle merchandise, and American Rebel Light Beer. American Rebel is a diversified branded products and marketing company focused on freedom, patriotism, self-reliance, and the independent spirit. Through American Rebel Light Beer, Champion Safe, branded merchandise, live events, media appearances, and community-based activations, the Company is working to expand national brand recognition while strengthening the connection between consumer identity, product demand, and long-term shareholder value. American Rebel Beverages executes a premium brand marketer model - partnering with AlcSource as its beverage alcohol facilitator and City Brewing as its contract brewing and co-packing partner - providing the Company with a fully scalable, asset-light supply chain capable of fulfilling large regional and national chain orders as distribution coverage expands nationally. The Company believes its Champion Safe platform supports its broader mission by combining American Rebel's brand platform with American-made safe manufacturing capabilities.

www.AmericanRebel.com | www.championsafe.com | www.americanrebelbeer.com

Forward‑Looking Statements and Additional Disclosures

This press release contains forward‑looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995. Forward‑looking statements relate to expectations, beliefs, projections, future plans, strategies, anticipated events, or trends and are not historical facts. These statements are often identified by words such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "projects," "intends," "potential," "continue," "could," and similar expressions, or the negative of these terms. Forward‑looking statements in this press release include, without limitation, statements regarding:

The Company's brand‑expansion strategy, including national visibility, consumer engagement, and anticipated marketing impact from NHRA events and motorsports partnerships.

The Company's expectations regarding distribution growth, retail placement, and the scalability of American Rebel Light Beer's supply chain.

The Company's beliefs about audience alignment, consumer values, and the ability of motorsports and music events to drive long‑term brand recognition.

Statements relating to the Company's future financial performance, market expansion, product demand, and shareholder value creation.

The Company's expectations regarding national broadcast exposure, impressions generated through FOX and FS1, and the marketing value of participation in NHRA events.

The Company's reliance on third‑party partners, including AlcSource, City Brewing, Tony Stewart Racing, and retail/distribution partners, to execute its beverage strategy and national rollout.

Statements regarding the Company's ability to leverage sponsorships across three NHRA professional classes to support consumer trial, distributor acquisition, and retail engagement.

Statements about the Company's broader mission to build America's Patriotic Brand and the anticipated impact of the United States' 250th anniversary celebrations on consumer demand for American Rebel Light Beer.

Risks, Uncertainties, and Factors That May Cause Actual Results to Differ

Forward‑looking statements are subject to numerous known and unknown risks, uncertainties, and assumptions that could cause actual results to differ materially from those projected. These risks include, but are not limited to:

Marketing and Sponsorship Risks: The effectiveness of motorsports sponsorships, including NHRA events, may vary and may not produce the anticipated national exposure, consumer engagement, or sales lift. Broadcast schedules, viewership levels, and media coverage are subject to change by FOX, FS1, and NHRA.

Distribution and Retail Risks: The Company's ability to expand distribution depends on retailer acceptance, distributor commitments, competitive dynamics in the beverage alcohol industry, and the Company's ability to maintain consistent supply through third‑party brewing and co‑packing partners.

Operational and Supply Chain Risks: The Company relies on AlcSource and City Brewing for production, facilitation, and co‑packing. Any disruption, delay, capacity constraint, regulatory issue, or change in partner performance could impact product availability, quality, or scalability.

Regulatory and Compliance Risks: The beverage alcohol industry is highly regulated. Changes in federal, state, or local laws, licensing requirements, taxation, or enforcement practices could affect the Company's operations, distribution, marketing activities, or costs.

Market Adoption and Consumer Preference Risks: Consumer acceptance of American Rebel Light Beer, including its patriotic brand positioning, may differ from expectations. Shifts in consumer preferences, competitive product launches, pricing pressure, or macroeconomic conditions may impact demand.

Event‑Related Risks: NHRA event schedules, attendance, weather conditions, and operational factors may affect the visibility and promotional impact of the Company's sponsorships. Driver performance, team participation, or unforeseen racing‑related events may also influence exposure.

Economic and Industry Risks: Broader economic conditions-including inflation, supply chain constraints, consumer spending trends, and competitive pressures-may affect the Company's ability to achieve its strategic goals.

Forward‑Looking Assumptions: Statements regarding national brand expansion, distributor acquisition, retail growth, and consumer engagement rely on assumptions that may prove inaccurate or incomplete.

No Obligation to Update

American Rebel Holdings, Inc. undertakes no obligation to update or revise any forward‑looking statements contained in this press release, whether as a result of new information, future events, or otherwise, except as required by law. Readers are cautioned not to place undue reliance on forward‑looking statements, which speak only as of the date of this release.

General Disclosure Regarding Alcohol Products

American Rebel Light Beer is intended for adults 21 years of age and older. The Company encourages responsible consumption and compliance with all applicable laws governing the purchase, possession, and consumption of alcoholic beverages.

Third‑Party Names, Trademarks, and Partnerships

References to Tony Stewart Racing, NHRA, FOX, FS1, Dodge//SRT, City Brewing, AlcSource, and other third‑party organizations are for descriptive purposes only. All trademarks, logos, and brand names are the property of their respective owners. No endorsement or affiliation is implied beyond the sponsorships and partnerships expressly stated.

Investor Relations:
American Rebel Holdings, Inc.
[email protected]
[email protected]

American Rebel Beverages | American Rebel Light Beer Distribution & Account Inquiries:
Todd Porter, President, American Rebel Beverages
[email protected]

American Rebel Light Beer is intended for adults 21 years of age and older. Please enjoy responsibly.

SOURCE: American Rebel Holdings
2026-07-24 22:34 15d ago
2026-07-24 17:41 15d ago
Monolithic Power Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Monolithic Power Systems, Inc. - MPWR
MPWR Monolithic Power Systems
FMP Stock News
Original source text
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Monolithic Power Systems, Inc. (NasdaqGS: MPWR) (“Monolithic” or the “Company”).On November 11, 2024, Edgewater Research analysts published a report revealing that Nvidia, the Company's largest customer, had cancelled half of its outstanding Monolithic Power orders and int.
2026-07-24 22:33 15d ago
2026-07-24 16:42 15d ago
VRRM DEADLINE NOTICE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Verra Mobility Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important August 4 Deadline in Securities Class Action - VRRM
VRRM Verra Mobility
FMP Stock News
Original source text
New York, New York--(Newsfile Corp. - July 24, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Verra Mobility Corporation (NASDAQ: VRRM) between February 24, 2026 and May 26, 2026, inclusive (the "Class Period"), of the important August 4, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Verra common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Verra class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 4, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra's relationship with Avis Budget Group ("Avis"), and in particular obtaining a contract extension with Avis. Further, Verra minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Verra class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306442

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us
2026-07-24 22:32 15d ago
2026-07-24 16:00 15d ago
Calix, Inc. (CALX) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
CALX Calix
FMP Stock News
Original source text
Calix, Inc. (CALX) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit PR Newswire LOS
2026-07-24 22:29 15d ago
2026-07-24 18:12 15d ago
EUR/USD Analysis: Euro ends the week under pressure
EURUSD EUR/USD
FMP Forex News
Original source text
It was not an easy week for the euro. Now, EUR/USD has accumulated a decline of more than 0.4% over the last 2 trading sessions, reflecting significant short-term weakness in the European currency.

For now, selling pressure remains relevant, in a context where the European Central Bank decision failed to generate greater appeal for the euro. In addition, the U.S. dollar continues to show some strength as global risk events drive demand for liquidity and more defensive assets.

If this dynamic continues, selling pressure could continue to shape EUR/USD movements over the next few trading sessions.

Does the ECB fail to support the euro? During the week, the European Central Bank held its interest rate decision. The deposit rate remained unchanged at 2.25%, while the refinancing rate stayed stable at 2.4%.

In its message after the meeting, the central bank maintained a cautious pause. The institution noted that inflationary pressures could remain relevant, but also highlighted that economic dynamics in Europe may not support consistent interest rate increases.

For this reason, the ECB showed a fairly neutral stance toward possible changes in monetary policy. It also emphasized that future decisions will depend on economic data meeting by meeting, without committing to a specific path in the short term.

After the event, the central bank’s neutrality did not generate a relevant increase in the euro’s relative appeal. This is mainly because the ECB did not confirm an outlook for higher rates, while in the United States, the Federal Reserve continues to show signs that it could adopt a more aggressive stance over the coming months.

This difference keeps in place a dynamic that has been relevant for several months in the bond market. Currently, U.S. 10-year Treasury yields remain above 4.6%, while European bond yields barely reach the 3.6% area.

Source: TradingEconomics

The differential between both markets continues to favor dollar-denominated investments. The United States maintains a more attractive bond market, supported by a potentially more aggressive Fed, while Europe faces a more indecisive central bank and a less competitive bond yield.

This dynamic could continue to limit appetite for the euro in the short term. If the rate differential remains in place, EUR/USD could continue to face selling pressure over the next few trading sessions.

Is uncertainty becoming relevant? The week was also marked by important risk events for markets. On one hand, new escalations in the Middle East conflict pushed WTI crude oil above 90 dollars per barrel. On the other hand, new comments from the U.S. government pointed to a global tariff plan of up to 12.5% for several countries.

Both events have revived market concerns about a broader trade conflict and possible additional inflationary pressure. This combination could be affecting risk sentiment and driving flows toward safe-haven assets in the short term.

In this scenario, the behavior of the U.S. dollar is key. In previous months, the currency had already acted as one of the market’s main liquidity safe havens. During this week, that dynamic became evident again in the DXY index, which measures the dollar’s strength against its main peers.

As risks increased across markets, the DXY maintained consistent gains and moved back above the 101-point area, approaching the year’s highs again. This behavior reflects relevant demand for the dollar in an environment of greater uncertainty.

Source: TradingEconomics

The role of the U.S. dollar remains fundamental. If the market once again sees the currency as a liquidity safe haven, and risk events continue to generate uncertainty, demand for the USD could remain strong.

This would make a consistent recovery in the euro more difficult and could continue to generate selling pressure on EUR/USD over the next few trading sessions.

Technical forecast for EUR/USD Source: StoneX, Tradingview

Sideways range begins to emerge: Although the daily EUR/USD chart still maintains a major long-term bearish trend line, a short-term sideways range has also started to form. This range has an upper barrier near 1.14742 and a lower area around 1.13538. If selling pressure fails to stabilize consistently, this sideways structure could remain relevant over the next few trading sessions.
  RSI: Now, the RSI remains below the neutral 50 level, suggesting that selling impulses continue to dominate the average of the last 14 sessions. If this dynamic continues, the indicator could keep highlighting a relevant selling bias in EUR/USD over the next few sessions.
  TRIX: The TRIX also remains below the neutral 0 line, indicating that bearish strength in the exponential moving averages remains relevant. This reading reinforces the possibility that the selling bias could continue to be important in the short term.
  Key levels:

1.14742 – Relevant resistance: This recent weekly high coincides with the area of the 50-period simple moving average. Price movements above this level could start to put the bearish structure and current sideways range at risk, opening room for a more relevant buying bias over the coming weeks.
  1.14125 – Near-term barrier: This level corresponds to an important retracement area on the daily chart. If price fails to move consistently away from this reference, it could continue to highlight a phase of indecision and give more relevance to the current sideways channel over the next few sessions.
  1.13538 – Definitive support: This level corresponds to the 2026 low zone and represents the most important bearish barrier in the short term. Moves below this area would mark new relevant lows for the year and could reinforce a dominant selling bias, potentially extending the long bearish trend line over the coming weeks.
  Written by Julian Pineda, CFA, CMT – Market Analyst

Follow him on: @julianpineda25
2026-07-24 22:29 15d ago
2026-07-24 16:40 15d ago
Tenet Healthcare Corporation (THC) Q2 2026 Earnings Call Transcript
THC Tenet Healthcare Corporation
FMP Stock News
Original source text
Tenet Healthcare Corporation (THC) Q2 2026 Earnings Call Transcript
2026-07-24 22:29 15d ago
2026-07-24 17:26 15d ago
Primoris Services Corporation Notice of September 21, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline
PRIM Primoris Services Corporation
FMP Stock News
Original source text
New York, New York and New Orleans, Louisiana--(Newsfile Corp. - July 24, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in Primoris Services Corporation ("Primoris" or the "Company") (NYSE: PRIM) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors of Primoris Services who were adversely affected if they purchased the Company's shares between August 5, 2025 and June 22, 2026, both dates inclusive (the "Class Period"). This action is pending in the United States District Court for the Northern District of Texas.

Cannot view this video? Visit:
https://www.youtube.com/watch?v=JFqktFKaX3o

Follow the link below to get more information and be contacted by a member of our team:

https://www.ksfcounsel.com/cases/nyse-prim/

Primoris investors should contact KSF Managing Partner Lewis Kahn toll-free at 1-833-538-3653 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-prim/ to learn more.

CLICK HERE for more information

CASE DETAILS: According to the Complaint, Primoris and certain of its executives are charged with failing to disclose material information during the class period, violating federal securities laws.

On June 22, 2026, following a series of prior negative disclosures, the Company disclosed

that, following an internal review supported by an independent third-party industry expert, it had identified substantial challenges, cost overruns, and project delays affecting six renewable energy projects, and reduced its full-year 2026 Adjusted EPS guidance to $2.05-$2.60, lowered its Adjusted EBITDA guidance to $275 million-$325 million, projected that 2026 Renewables revenue would decline to approximately $2.1 billion, and announced the resignation of its Chief Operating Officer.

On this news, the price of Primoris shares fell 22%, closing at $84.95 per share on June 23, 2026.

The case is Boston Retirement System v. Primoris Services Corp., No. 26-cv-02416.

WHAT TO DO? If you invested in Primoris and suffered a loss during the relevant time frame, you have until September 21, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff.

To Learn More, Click HERE

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-833-538-3653
1100 Poydras St., Suite 960
New Orleans, LA 70163

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306548

Source: Kahn Swick & Foti, LLC

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us
2026-07-24 22:25 15d ago
2026-07-24 16:00 15d ago
Kaplan Fox Urges Investors of Badger Meter, Inc. (BMI) with Significant Losses to Seek a Leadership Role Before August 3, 2026
BMI Badger Meter
FMP Stock News
Original source text
New York, New York--(Newsfile Corp. - July 24, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Badger Meter, Inc. ("Badger Meter" or the "Company") (NYSE: BMI) on behalf of investors that purchased or otherwise acquired Badger Meter securities between April 18, 2024 and April 16, 2026 (the "Class Period").

CLICK HERE TO JOIN THE CASE

If you are an investor in Badger Meter and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 3, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

On April 17, 2026, Badger Meter reported first quarter 2026 results, including a deceleration of sales. Specifically, total sales of $202.3 million for the quarter were "9% lower than the prior year's $222.2 million." Additionally, the Company stated with respect to its first quarter operating results that "Utility water sales declined 10% year-over-year, reflecting project timing and other softer short-cycle municipal ordering . . . ."

Following this news, the price of Badger Meter shares declined by $36.75 per share, or more than 24%, to close at $115.54 per share on April 17, 2026.

The complaint alleges that throughout the Class Period, Defendants misrepresented the drivers of Badger Meter's "record" financial results, demand for the Company's products, and its prospects for continued growth. During the Class Period, Defendants allegedly told investors that Badger Meter's strong financial results reflected "ongoing favorable industry trends," "secular growth drivers," and "solid operating execution." They also allegedly touted "strong" demand and said they were seeing "robust order pacing and a strong bid pipeline that positions us well for continued sales and earnings growth," and that Badger Meter possessed a "long runway" for growth.

According to the complaint, in truth, "Badger Meter's financial results during the Class Period were at least partially attributable to the Company's practice of pulling-forward customer orders to recognize revenue early, which concealed weakening demand and deteriorating near-term order trends. This practice also depleted revenue otherwise available for future periods, ultimately causing the disappointing financial results the Company later reported."

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

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2026-07-24 22:24 15d ago
2026-07-24 14:20 15d ago
ARK Invest Scoops Up Tesla (TSLA) Shares While Offloading Figma Stake
ARK ARK
CoinGecko News
Original source text
Key Highlights Table of Contents

Key HighlightsTesla’s Core Metrics Show WeaknessFigma Divestment and Broader Portfolio TrimmingCircle Internet Expansion and Minor AcquisitionsGet 3 Free Stock Ebooks ARK Invest acquired 160,151 shares of Tesla distributed among four ETFs, totaling approximately $59.9 million following Tesla’s nearly 15% stock decline Tesla’s second-quarter operating profit reached approximately $400 million, falling short of Wall Street projections by $1.3 billion ARK divested 976,368 Figma shares through two ETFs, generating roughly $21 million ARK acquired 130,136 shares in Circle Internet Group valued at approximately $8.6 million Additional portfolio reductions included Robinhood, Deere, Twist Bioscience, and 10X Genomics On Thursday, July 23, Cathie Wood’s ARK Invest executed a substantial acquisition of Tesla shares amid a steep price decline triggered by disappointing earnings results. Simultaneously, the investment firm liquidated a significant portion of its Figma holdings and expanded its Circle Internet position.

Tesla, Inc., TSLA

The electric vehicle manufacturer posted second-quarter operating profit figures hovering around $400 million. This result came in approximately $1.3 billion short of analyst expectations. Tesla’s stock tumbled nearly 15% during Thursday’s trading session. ARK capitalized on the price drop.

The investment firm accumulated 160,151 shares of Tesla distributed across four separate funds: ARK Innovation ETF, ARK Space & Defense Innovation ETF, ARK Next Generation Internet ETF, and ARK Autonomous Technology & Robotics ETF. The combined transaction reached an estimated value of $59.9 million.

Tesla represents the top holding within ARK Innovation ETF, comprising nearly 10% of total fund assets. ARK has maintained unwavering support for Tesla despite the stock’s underwhelming performance throughout the current year.

Heading into Friday’s session, Tesla showed a 29% decline year to date and a 3% decrease over the trailing twelve months. The stock experienced an additional 0.6% pullback during early Friday activity, trading near $317.86.

Tesla’s Core Metrics Show Weakness Tesla’s second-quarter deliveries reached approximately 480,000 vehicles, representing a 25% year-over-year increase. Despite this volume expansion, reduced pricing power and elevated operating costs undermined profitability metrics.

The company currently trades at more than 150 times forward earnings estimates. By comparison, other Magnificent Seven stocks maintain an average valuation around 24 times forward earnings. This substantial valuation premium has generated investor concern.

Tesla introduced a robotaxi service in Austin, Texas during June 2025. While the program has extended to several additional cities, adoption rates have remained modest.

Figma Divestment and Broader Portfolio Trimming Among ARK’s selling activity, the firm liquidated 976,368 Figma shares through its ARKK and ARKW ETFs, generating approximately $20.96 million. This transaction extends ARK’s recent trend of scaling back Figma exposure.

Additional divestments included 45,713 shares of Twist Bioscience and 152,597 shares of 10X Genomics. Both transactions occurred within the ARKK ETF and signal a retreat from biotechnology holdings.

Robinhood experienced another reduction as ARK sold 40,553 shares via its ARKW fund. The sustained selling pattern across multiple sessions indicates a strategic withdrawal from the digital brokerage platform.

The firm reduced its Deere position by 15,177 shares spread across three ETFs, valued at approximately $9.2 million.

Circle Internet Expansion and Minor Acquisitions ARK purchased 130,136 shares of Circle Internet Group distributed among ARKK, ARKW, and ARKF ETFs, totaling roughly $8.6 million. Circle Internet specializes in digital finance and blockchain infrastructure, sectors where ARK has been building larger positions.

Additional minor acquisitions included 31,016 shares of Compass Pathways valued at $370,020 and 48,377 shares of Securitize Corp worth $371,051.

These transactions reflect ARK’s ongoing portfolio realignment—reducing biotechnology and brokerage exposure while reinforcing its Tesla conviction and expanding into cryptocurrency-related companies like Circle Internet.
2026-07-24 22:24 15d ago
2026-07-24 22:03 15d ago
DECRYPT: Stocks Just Topped Crypto on Hyperliquid. ARK Says That Changes Everything
ARK ARK HYPE Hyperliquid
CoinGecko News
Original source text
In brief Real-world assets (RWAs)—tokenized versions of traditional financial instruments like company stocks, crude oil, and market indices traded as blockchain contracts—accounted for 54% of Hyperliquid's weekly trading volume during July 13–19, the first time non-crypto assets have dominated the exchange. ARK Invest's director of digital assets research Lorenzo Valente said Hyperliquid's $26 billion in RWA trading last week surpassed the combined crypto perpetual volume of every other decentralized exchange on earth. South Korean chipmaker SK Hynix—a direct rival to Samsung in AI memory production—drove most of the interest on Hyperliquid's third-party market platform. For the first time, traders on Hyperliquid moved more money through stocks and commodities than through crypto. Lorenzo Valente, director of digital assets research at ARK Invest, announced the milestone Thursday on X: "We are entering a new era for DeFi." Hyperliquid, he said, had for the first time generated more trading volume from so-called real-world assets, or RWAs, than from crypto in a single week.

RWAs—meaning tokenized versions of traditional financial instruments like company shares, crude oil, or the S&P 500, converted into blockchain-based contracts that traders can buy and sell around the clock—totaled $25.1 billion during July 13–19, or 52% of Hyperliquid's $48.2 billion in weekly volume, per Blockworks data. Valente put the latest running figure at $26 billion and 54%.

The context makes that number land harder. Total perpetual DEX volume across the industry last week was $79 billion. Hyperliquid processed $50 billion of it. The $26 billion in RWA trading alone—just the stock bets, the oil contracts, the index plays—was larger than the combined crypto perpetual volume of every other decentralized exchange on the market.

How stocks ended up on a crypto exchangeThe mechanism behind this is HIP-3, a framework Hyperliquid launched in October 2025 that lets outside teams build their own perpetual markets—contracts that track an asset's price with no expiry date, letting traders bet on it going up or down with borrowed money—using Hyperliquid's existing infrastructure. Builders stake 500,000 HYPE tokens, currently worth roughly $30 million, to access the system.

We are entering a new era for DeFi.

For the first time ever, @HyperliquidX generated more volume from RWAs than crypto in a single week. RWAs accounted for 54% of total trading volume.

An even more interesting trend: since June, single stocks have overtaken indices and… pic.twitter.com/INbfCwc5pJ

— Lorenzo Valente (@LorenzoARK) July 23, 2026

Since June, individual stocks have overtaken indices and commodities inside HIP-3, with single-stock perpetuals now making up 61% of all RWA trading. The HIP-3 platform has already hosted pre-IPO markets for SpaceX, Anthropic, and OpenAI. "RWAs accounted for 54% of total trading volume," Valente noted.

The most-traded stock is SK Hynix, the South Korean memory chipmaker that competes with Samsung in supplying DRAM and high-bandwidth memory for AI systems.

ARK's interest in Hyperliquid goes back further. In September 2025, CEO Cathie Wood told the Master Investor podcast that the platform "reminds me of Solana in the earlier days," adding that Solana had proven its worth and earned its place with the biggest names in crypto. She called Hyperliquid "the new kid on the block," and ARK has not confirmed any position since.

Now one of ARK's own analysts is raising a harder question for the whole industry. "I'm no longer convinced RWA trading will naturally aggregate on the same venue as crypto," Valente wrote, predicting that dedicated category leaders may emerge within RWA—and that a platform's grip on Bitcoin and Ethereum flow may prove "far less important than many people assume."

Traders still focused only on crypto tokens, he added, "are focusing on the wrong market."

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2026-07-24 22:24 15d ago
2026-07-24 22:03 15d ago
Stocks Just Topped Crypto on Hyperliquid. ARK Says That Changes Everything
ARK ARK HYPE Hyperliquid
CoinGecko News
Original source text
In brief Real-world assets (RWAs)—tokenized versions of traditional financial instruments like company stocks, crude oil, and market indices traded as blockchain contracts—accounted for 54% of Hyperliquid's weekly trading volume during July 13–19, the first time non-crypto assets have dominated the exchange. ARK Invest's director of digital assets research Lorenzo Valente said Hyperliquid's $26 billion in RWA trading last week surpassed the combined crypto perpetual volume of every other decentralized exchange on earth. South Korean chipmaker SK Hynix—a direct rival to Samsung in AI memory production—drove most of the interest on Hyperliquid's third-party market platform. For the first time, traders on Hyperliquid moved more money through stocks and commodities than through crypto. Lorenzo Valente, director of digital assets research at ARK Invest, announced the milestone Thursday on X: "We are entering a new era for DeFi." Hyperliquid, he said, had for the first time generated more trading volume from so-called real-world assets, or RWAs, than from crypto in a single week.

RWAs—meaning tokenized versions of traditional financial instruments like company shares, crude oil, or the S&P 500, converted into blockchain-based contracts that traders can buy and sell around the clock—totaled $25.1 billion during July 13–19, or 52% of Hyperliquid's $48.2 billion in weekly volume, per Blockworks data. Valente put the latest running figure at $26 billion and 54%.

The context makes that number land harder. Total perpetual DEX volume across the industry last week was $79 billion. Hyperliquid processed $50 billion of it. The $26 billion in RWA trading alone—just the stock bets, the oil contracts, the index plays—was larger than the combined crypto perpetual volume of every other decentralized exchange on the market.

How stocks ended up on a crypto exchangeThe mechanism behind this is HIP-3, a framework Hyperliquid launched in October 2025 that lets outside teams build their own perpetual markets—contracts that track an asset's price with no expiry date, letting traders bet on it going up or down with borrowed money—using Hyperliquid's existing infrastructure. Builders stake 500,000 HYPE tokens, currently worth roughly $30 million, to access the system.

We are entering a new era for DeFi.

For the first time ever, @HyperliquidX generated more volume from RWAs than crypto in a single week. RWAs accounted for 54% of total trading volume.

An even more interesting trend: since June, single stocks have overtaken indices and… pic.twitter.com/INbfCwc5pJ

— Lorenzo Valente (@LorenzoARK) July 23, 2026

Since June, individual stocks have overtaken indices and commodities inside HIP-3, with single-stock perpetuals now making up 61% of all RWA trading. The HIP-3 platform has already hosted pre-IPO markets for SpaceX, Anthropic, and OpenAI. "RWAs accounted for 54% of total trading volume," Valente noted.

The most-traded stock is SK Hynix, the South Korean memory chipmaker that competes with Samsung in supplying DRAM and high-bandwidth memory for AI systems.

ARK's interest in Hyperliquid goes back further. In September 2025, CEO Cathie Wood told the Master Investor podcast that the platform "reminds me of Solana in the earlier days," adding that Solana had proven its worth and earned its place with the biggest names in crypto. She called Hyperliquid "the new kid on the block," and ARK has not confirmed any position since.

Now one of ARK's own analysts is raising a harder question for the whole industry. "I'm no longer convinced RWA trading will naturally aggregate on the same venue as crypto," Valente wrote, predicting that dedicated category leaders may emerge within RWA—and that a platform's grip on Bitcoin and Ethereum flow may prove "far less important than many people assume."

Traders still focused only on crypto tokens, he added, "are focusing on the wrong market."

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2026-07-24 22:22 15d ago
2026-07-24 17:50 15d ago
OWL Announces Reprising Its Previously Announced Non-Brokered Private Placement.
OWL Blue Owl Capital
FMP Stock News
Original source text
VANCOUVER, BC – July 24, 2026 – TheNewswire - One World Lithium Inc. (CSE-OWLI) (the “Company “or “OWL”) announces it is has reprised its non-brokered private placement (the “Offering”), announced on May 5, 2026.

Under the revise terms, the Offering will consist of up to 20,000,000 units (each, a “Unit”) at a price of $0.035 per Unit, for gross proceeds of up to $910,000.

Each Unit will consist of one common share (each, a “Common Share”) of the Company and one non-transferable Common Share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one additional Common Share (each, a “Warrant Share”) at a price of $0.08 per Warrant Share for a period of 36 months from the closing of the Offering.

All other terms and conditions of this Offering reman unchanged.

Further details regarding the Offering are available under the Company’s profile filed SEDAR+ at www.sedarplus.ca.

About One World Lithium

One World Lithium Inc. is developing proprietary lithium extraction technologies and pursuing strategic partnership to commercialize lower-impact, scalable lithium production from brines and clay slurries. For more information, visit: https://oneworldlithium.com/.

On behalf of the Board of Directors of One World Lithium Inc.,

“Doug Fulcher”

President and Chief Executive Officer

For further information please visit www.oneworldlithium.com or email [email protected] or call 604-564-2017 Ext 104.

 Forward‑Looking Information: This press release may include forward‑looking information and forward‑looking statements within the meaning of applicable Canadian securities legislation. Such forward‑looking information includes, without limitation, statements relating to future plans, objectives, expectations, estimates and projections. Forward‑looking information is based on certain material expectations and assumptions made by management of the Company, including, but not limited to: (I) the ability of OWL to further develop its DLCE technology, including its potential applicability to lithium extraction, (II) OWL’s ability to advance toward potential commercialization of its lithium extraction technologies, (III) OWL’s ability to close the Offering and, in connection therewith, receive the necessary corporate and regulatory approvals, as applicable, (IV) the anticipated use of proceeds of the Offering, and (V) the availability of certain prospectus exemptions to potential investors as described herein. Although OWL believes that the expectations and assumptions on which such forward‑looking information is based are reasonable, there can be no assurance that such expectations or assumptions will prove to be correct, and undue reliance should not be placed on such forward‑looking information. Forward‑looking information is subject to a number of risks and uncertainties that could cause actual results and future events to differ materially from those anticipated in such forward‑looking information. Such risks and uncertainties include, but are not limited to: (I) the inability of OWL to commercialize its DLCE technology, (II) OWL’s inability to execute its business plan or raise additional financing as required, (III) risks and market fluctuations common to the mining industry and the lithium sector in particular, (IV) advancements in competing lithium extraction or direct lithium extraction technologies, and (V) the inability to obtain the requisite regulatory approvals for the Offering or to complete the Offering on the terms proposed. The reader is cautioned that assumptions used in the preparation of forward‑looking information may prove to be incorrect, and that events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of OWL. All forward‑looking information contained in this press release is made as of the date hereof, and OWL does not undertake any obligation to update or revise any forward‑looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward‑looking information contained in this press release.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
2026-07-24 22:17 15d ago
2026-07-24 17:10 15d ago
How Much of a $12,000 Monthly Dividend Paycheck Do You Actually Keep After Taxes?
EWBC East West Bancorp
FMP Stock News
Original source text
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

© New Africa / Shutterstock.com

A $12,000 monthly dividend paycheck means $144,000 a year in gross portfolio income. That is roughly double the $68,391 per capita disposable income the BEA reported for Q1 2026, and it sits well above what most households spend. The number you keep depends on two variables: the yield tier you build around and the tax character of those securities.

The Capital Required at Each Yield Tier The equation is simple: $144,000 divided by yield equals capital required. The tradeoffs are not.

Conservative tier (3% to 4% yield). At 3.5%, hitting $144,000 requires roughly $4.11 million invested. This is the dividend-growth zone: regulated utilities, broad dividend ETFs, and large-cap payers with rising distributions. Alliant Energy (NASDAQ:LNT | LNT Price Prediction) is a fair example. Its $0.535 quarterly dividend equates to a 2.8% yield, and the payout has climbed from $0.4025 in 2021 to $0.535 in 2026. East West Bancorp (NASDAQ:EWBC) sits in a similar bucket after its 33% dividend hike to $0.80 quarterly in early 2026. Distributions from both are qualified dividends.

Moderate tier (5% to 7% yield). At 6%, capital required drops to $2.4 million. This range covers midstream MLPs, preferred shares, and higher-payout equity funds. Plains All American (NASDAQ:PAA) illustrates the MLP end: an annualized $1.595 distribution at a 6.6% yield, with distributions rising from $1.07 in 2023 to $1.67 annualized in 2026. Bank OZK preferred (NASDAQ:OZKAP) shows the preferred-share profile: a fixed $0.28906 quarterly payment unchanged since 2023.

Aggressive tier (8% to 14% yield). At 12%, $1.2 million throws off $144,000. This is where mortgage REITs, BDCs, and leveraged option-income funds live. AGNC Investment (NASDAQ:AGNC) pays a $0.12 monthly dividend, an annualized 13.4% yield. That payout was cut from $0.16 in 2020, and prior rates ran higher. The high current yield does the heavy lifting on capital required. Principal stability does not come with it.

What Actually Lands in Your Bank Account Under 2026 rules for married filing jointly, the 22% bracket starts at $100,800 and the 24% bracket at $211,400, with a $32,200 standard deduction. That places $144,000 of ordinary dividend income in the 22% federal marginal bracket.

The character of the dividend dictates the actual bite:

Qualified dividends (LNT, EWBC common): taxed at the 15% long-term capital gains rate. Federal tax on $144,000 of purely qualified dividends runs roughly $17,000 after the standard deduction, leaving about $127,000. REIT dividends (AGNC): taxed as ordinary income. Effective federal tax lands closer to $18,000 to $22,000 depending on other income, so net roughly $122,000 to $126,000. MLP distributions (PAA): largely return of capital, tax-deferred at the federal level, with K-1 reporting and depreciation recapture on sale. Preferred stock (OZKAP): often non-qualified, taxed as ordinary income. State tax is the swing factor. A qualified-dividend portfolio in Florida or Texas keeps close to $127,000. That same portfolio in California, with a top state rate above 13%, delivers closer to $105,000. An ordinary-income mREIT portfolio in a high-tax state can slip under $95,000 net on the same $144,000 gross.

The Compounding Trap Most Income Hunters Fall Into The 12% mREIT solves the capital problem and creates a different one. AGNC’s $0.12 monthly rate has held flat since April 2020, and the prior rate was higher. Flat or declining distributions on eroding principal is spending down the asset dressed up as income.

Compare that to EWBC lifting its payout from $0.275 quarterly in 2020 to $0.80 in 2026. A 3% starting yield growing at that pace pushes past a static 12% yield on total income within roughly nine to ten years, and the underlying shares typically appreciate rather than bleed. With Core PCE at 130.08 and still climbing, an income stream that does not grow loses ground in real terms every year.

Three Moves Worth Making This Week Pull your last two years of actual spending as the baseline, rather than relying on your gross salary. Many households targeting a $144,000 replacement need closer to $110,000 once payroll taxes, 401(k) contributions, and mortgage principal drop out. Sort your existing dividend holdings by tax character. Qualified, REIT, MLP, and preferred each land differently on your 1040. Given the 10-year Treasury near 4.6% and the 3.75% fed funds upper bound, tax-inefficient positions in a taxable account carry a real opportunity cost against Treasuries. Model a blended portfolio: roughly 60% conservative dividend growth, 30% moderate hybrid, 10% aggressive. That mix typically clears a 5% blended yield, needs about $2.9 million, and keeps enough growth to defend purchasing power over a 20-year retirement. Contact [email protected] for any questions or corrections.
2026-07-24 22:12 15d ago
2026-07-24 17:00 15d ago
These 3 Healthcare Stocks Have Crushed the Market This Year. Here's Why There's More Upside Ahead
KRYS Krystal Biotech
FMP Stock News
Original source text
If you had invested in Krystal Biotech (KRYS +2.34%), Exelixis (EXEL -0.52%), or CVS Health (CVS +0.70%) at the beginning of the year, you'd be sitting pretty. All three companies have outpaced the market, which has itself proved resilient amid macroeconomic problems, fears of a recession, and other problems. However, all three of these healthcare stocks have important catalysts ahead that may allow them to maintain their momentum for much longer and continue delivering market-beating returns. Here's why these stocks are still worth serious consideration.

Image source: Getty Images.

1. Krystal Biotech Krystal Biotech, a drugmaker that focuses on developing medicines for rare diseases, is performing well thanks to its only approved product, Vyjuvek. This therapy treats a condition called dystrophic epidermolysis bullosa (DEB), which causes the skin to blister and tear very easily, often from minor rubbing or bumps. Vyjuvek, a topical gel applied directly onto wounds, helps patients' cells produce a protein that strengthens and repairs fragile skin. Krystal Biotech is posting strong financial results thanks to Vyjuvek, with the company's revenue and profits growing at a good clip in recent years.

KRYS Revenue (Quarterly) data by YCharts

Krystal Biotech has earned approval for Vyjuvek in other regions, notably Europe and Japan. The company making headway in these regions will help drive sales even higher. Krystal Biotech is also developing several pipeline candidates for other rare diseases, including cystic fibrosis. Clinical and regulatory progress over the next few years could jolt the stock.

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Krystal Biotech could have a much larger portfolio of approved products by the end of the decade while still delivering consistent top and bottom-line growth. There is some risk, particularly if the company encounters commercial setbacks with Vyjuvek, as biotech stocks sometimes do. But given the medicine's position in this small, high-unmet-need area, the company should continue riding this tailwind over the medium term. That's why there may be plenty more upside potential.

2. Exelixis Exelixis is on the verge of entering a new era. The company's current crown jewel, Cabometyx, a cancer medicine, has received approval across multiple indications and has been highly successful. But the biotech is close to launching a new therapy called zanzalintinib, which could earn approval by the end of the year for treating metastatic colorectal cancer. Once Cabometyx starts facing generic competition in the U.S., probably in 2030, zanzalintinib should be ready to take over.

Here are two reasons why. First, it targets an area with a significant need. Colorectal cancer is the second-leading cause of cancer death in the world, despite having high five-year survival rates when caught early. So, there should be a large market for patients with stage 4 colorectal cancer.

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Second, zanzalintinib should earn important label expansions beyond this area. The medicine is being investigated across meningioma, some forms of kidney cancer, and more. Zanzalintinib appears to have pipeline-in-a-drug potential, just like Cabometyx. In the meantime, Exelixis' revenue and earnings should continue growing at a good clip. And beyond zanzalintinib, the company is also working on other oncology candidates that are in the early stages of development. The company's medium-term prospects look bright.

3. CVS Health CVS Health's rebound continues. After lagging the market for a few years, it has been performing well since 2025. But the company may not be done yet. CVS Health has worked hard to stabilize expenses in its health insurance business, and we are still seeing the results of these efforts, which could continue to drive higher profits and margins for the company. It is also pursuing initiatives that could boost sales.

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For instance, CVS Health recently announced a platform that will help patients access GLP-1 medicines more easily while benefiting from support from healthcare professionals on their weight-loss journey. Anti-obesity drugs have risen in popularity, but they remain hard to access for many patients because of their high prices and spotty insurance coverage. CVS Health could help fill this need, potentially leading to meaningfully higher sales within its pharmacy segment. The company has other projects that may also boost revenue and earnings over the medium term. And that's before we factor in its strong dividend program, all of which suggests that CVS Health could perform well over the next five years.
2026-07-24 22:11 15d ago
2026-07-24 15:59 15d ago
Nu Holdings: High-Quality Business With Strong Growth And Low Valuation
NU Nu Holdings
FMP Stock News
Original source text
Nu Holdings: High-Quality Business With Strong Growth And Low Valuation
2026-07-24 22:09 15d ago
2026-07-24 14:21 15d ago
Bitcoin Rejected at $67K, Strategy Stays on Hold, BitMEX Shuts Down: Weekly Crypto Recap
BMEX BitMEX BTC Bitcoin
CoinGecko News
Original source text
BTC has dropped by roughly three grand after marking a local peak at $67,000. Strategy doesn't want to buy or sell, while a derivatives giant says goodbye.

The previous business week ended with a leg down that drove the primary cryptocurrency to $62,500. However, it reacted swiftly and recovered to $64,000 during the weekend.

The gradual climb continued on Sunday and Monday morning when BTC peaked at $65,000, but it was rejected and slipped south by over a grand to $63,750. The next leg up was a lot more impressive. Bitcoin didn’t stop at $65,000, and even the $66,000 resistance fell on the first attempt. Thus, the asset’s rally extended for a bit more, reaching $67,000 (on some exchanges) for the first time since the middle of June.

It came on the heels of renewed ETF net inflows and new accumulations from certain large investors. However, the price run couldn’t be sustained for long, and BTC quickly dipped back down to $66,000 on Wednesday, $65,000 on Thursday, and it plunged to $64,000 earlier today.

Despite its $3,000 correction from the local top, bitcoin remains about 2% up on the week. Similar gains are evident from Ethereum, which challenged $1,950 at one point, and TRX, which remains at around $0.33. Even more impressive price performance comes from XMR; a 9% pump has driven the privacy token to over $350. UNI and HBAR have posted notable gains as well, while HYPE, ZEC, CC, and DOGE remain in the red on a weekly scale.

Bitcoin’s market dominance has also dwindled in the past few days. It exploded to over 57% during the mid-week run, but it has dipped below 56% on CoinGecko now.

Market Data Cryptocurrency Market Overview Weekly July 24. Source: QuantifyCrypto Market Cap: $2.295T | 24H Vol: $61B | BTC Dominance: 55.9%

BTC: $64.000 (+2%) | ETH: $1,855 (+2.4%) | XRP: $1.09 (+1.7%)

You may also like: Bitcoin’s Sharpe Ratio Signals an ‘Optimal’ Spot Accumulation Window Analyst: Bitcoin Stuck Near $65K Because Capital Is Flowing to AI Has Bitcoin Already Bottomed? Grayscale Says Macro Signals Matter More This Week’s Crypto Headlines You Can’t Miss Strategy Extends Bitcoin Buying Pause While Growing Its USD Reserve: Details. Saylor’s company appears to have listened to some market experts who suggested that it should pause its BTC purchases in favor of rebuilding its USD reserve. The past week proved that narrative right once again with another no-buy bitcoin announcement.

Veteran Crypto Exchange BitMEX to Shut Down in September. After nearly a decade in existence, the veteran derivatives platform BitMEX announced that it will close shop in September. The creator of the 100x perpetual swap will permanently cease operations on September 23 and urged users to withdraw their funds by then. While on the subject, DEX aggregator Odos said it will shut down next week.

SEC Agrees to Overhaul Recordkeeping After Settling Coinbase Lawsuit Over Gensler’s Lost Texts. Despite not admitting any wrongdoing, the US Securities and Exchange Commission settled with Coinbase a lawsuit launched by the exchange and agreed to pay $150,000 in attorney fees. The regulator also said it will review its own internal processes.

‘Hackers Day’: 3 Crypto Protocols Drained of $35 Million in 24 Hours. July 23 became known in the crypto community as ‘Hackers’ Day’ with 3 major exploits taking place within less than 24 hours. The largest of the bunch was against Arbitrum-based protocol AFX Trade, in which the bad actors swiped over $24 million in USDC.

EU Hits Russia With Toughest Crypto Crackdown Yet. The European Union approved its 21st sanctions package against Russia, targeting 11 crypto operators and 94 financial institutions to combat sanctions evasion. Many of those platforms came from Belarus and Nigeria and were linked to numerous Russian financial activities.

Ethereum (ETH) Is Cheap, But Not at Bottom Yet: Analysts. The world’s largest altcoin may be trading well below its record peaks and at a discount, but that doesn’t necessarily mean that it has bottomed yet. Analysts at CryptoQuant noted that only two out of five signals suggest that the worst is behind ETH.

Charts This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid – click here for the complete price analysis.

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2026-07-24 22:09 15d ago
2026-07-24 14:42 15d ago
BitMEX CEO Calls New Insider Trading Lawsuit 'Spurious and Opportunistic'
BMEX BitMEX BTC Bitcoin
CoinGecko News
Original source text
BitMEX faces a proposed class action lawsuit alleging its co-founders ran a secret trading desk that used customer data to engineer liquidations, filed the same day the exchange announced it would shut down in September.

What Are The Plaintiffs Actually Alleging?The first allegation centers on a hidden trading desk that ran from BitMEX’s Manhattan office throughout 2018 under former business development head Gregory Dwyer. 

The desk used software to pinpoint which price moves would force the most customer liquidations, then traded to push prices to those exact levels. 

Plaintiffs say the desk saw everything — customer account data, hidden orders, and liquidation points, despite BitMEX telling users that information stayed private.

The second allegation centers on March 13, 2020, when users lost access to the platform for about 25 minutes as BitMEX force-closed roughly $800 million in leveraged positions.

BitMEX first pointed to a cloud hardware failure, then switched its explanation to two DDoS attacks four days later. Plaintiffs claim BitMEX gave false explanations, deliberately froze the platform, and never compensated any affected users.

What Did BitMEX Say In Response?Benzinga reached out to BitMEX for comment and received a response from CEO Peter Wilkinson.

“This is yet another spurious and opportunistic claim that has no basis whatsoever,” Wilkinson said. 

“We have had many such claims against us in our history and successfully dealt with each and every one, and look forward to vigorously defending ourselves again this time,” he added.

Plaintiffs filed a substantially similar lawsuit in the same court in April 2020 before voluntarily dismissing it on June 30, 2025.

How Much Did Each Plaintiff Lose?BKX Services claims losses of at least 305.8 BTC across 13 liquidations between July and August 2018. 

Namdar claims roughly 316.9 BTC lost across 14 named liquidations plus at least 69 smaller ones, spanning August 2019 to May 2020.

Both plaintiffs are seeking return of the actual Bitcoin rather than cash damages, a legal claim known as replevin. 

The proposed class covers anyone who bought Bitcoin swap products on BitMEX in domestic U.S. transactions from July 23, 2018 onward, with aggregate claims estimated above $5 million.

The suit names co-founders Arthur Hayes, Samuel Reed, Benjamin Delo, and Gregory Dwyer as defendants alongside parent company HDR Global Trading and four affiliated entities.

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2026-07-24 22:09 15d ago
2026-07-24 15:03 15d ago
BitMEX Plaintiffs Race a Shutdown Deadline for Payout
BMEX BitMEX
CoinGecko News
Original source text
BitMEX Plaintiffs Race a Shutdown Deadline for Payout
2026-07-24 22:09 15d ago
2026-07-24 16:06 15d ago
BitMEX, Hayes Sued Over 623 BTC Liquidation Claims as Exchange Winds Down
BMEX BitMEX
CoinGecko News
Original source text
A proposed class action landed in New York federal court the same day BitMEX announced it will close on Sept. 23, reviving allegations the exchange pocketed customer collateral.good job I as

BitMEX and its co-founders, including Arthur Hayes, were sued in a proposed class action accusing the exchange of keeping customer collateral seized in liquidations and running an internal trading desk with access to confidential position data. The complaint was filed July 23 in the Southern District of New York — the same day BitMEX said it will shut down after 11 years.

Plaintiffs BKX Services Inc. and David Namdar claim BitMEX auto-liquidated their leveraged positions while their remaining collateral was worth roughly twice their losses, then routed the excess into the exchange's insurance fund instead of returning it. Together they seek the return of 622.66 BTC — about $40 million at current prices, per CoinGecko — plus compensatory and punitive damages.

"BitMEX deliberately developed a system that profited from the liquidations (by seizing its customers' bitcoin), while its customers were unable to escape the unfavorable positions BitMEX created," the complaint says.

Insider With “God Access”The filing alleges an internal "Insider Trading Desk," run largely by former business development head Gregory Dwyer out of Manhattan, had "God access" to customer positions and liquidation points, used software to find the price moves that would liquidate the most customers, and kept trading during server freezes that locked everyone else out.

The complaint brings two counts — replevin, seeking the bitcoin back in kind, and fraud — and details each liquidation: 13 hits on BKX Services between July 4 and Aug. 20, 2018, and 14 larger ones on Namdar between August 2019 and May 2020, including a 128.58 BTC liquidation in October 2019.

The suit names HDR Global Trading, 100x Holdings, and related entities, along with co-founders Hayes, Benjamin Delo, and Samuel Reed, and Dwyer. The proposed class covers US customers of BitMEX's BTC swap products going back to July 23, 2018.

BitMEX did not reply to a request for comment from The Defiant by oress time.

A Recycled ComplaintThe filing revives a 2020 class action that made similar claims about BitMEX's liquidation engine and insurance fund under the Commodity Exchange Act. That case was voluntarily dismissed without prejudice in June 2025, with no ruling on the allegations; the new complaint attaches the old one as its first exhibit, along with Hayes's 2020 indictment and plea allocution.

Hayes, Delo, and Reed pleaded guilty in 2022 to Bank Secrecy Act violations after BitMEX entities paid a $100 million civil penalty to the CFTC and FinCEN. President Donald Trump pardoned all three, plus Dwyer, in March 2025. Hayes is now CIO of his family office, Maelstrom.

An 11-Year Run EndsHours before the suit was filed, BitMEX announced it will close on Sept. 23 at 04:00 UTC, following what owner-operator HDR Global Trading called "a strategic review of the business and the broader crypto industry." New registrations stopped immediately, position limits kick in Aug. 26, and remaining positions will be force-closed before the deadline. The exchange said users can withdraw after closure and that "all assets exceed liabilities" per its proof-of-reserves page.

The exchange that invented the 100x perpetual swap had faded to under 0.01% market share, with daily volumes around $400,000, according to Kaiko data cited by Reuters. Its BMEX token dropped roughly 90% on the closure news. BitMEX removed its CEO and CFO in late June amid reports it was seeking a buyer.

Hayes marked the end with a post on X: "Satoshi for life."
2026-07-24 22:09 15d ago
2026-07-24 17:08 15d ago
BitMEX hit with $40.7 million lawsuit on day it announces September shutdown
BMEX BitMEX
CoinGecko News
Original source text
BitMEX hit with $40.7 million lawsuit on day it announces September shutdown
2026-07-24 22:09 15d ago
2026-07-24 18:35 15d ago
BitMEX Hit With 623 BTC Lawsuit After Announcing Shutdown
BMEX BitMEX
CoinGecko News
Original source text
BitMEX Hit With 623 BTC Lawsuit After Announcing Shutdown
2026-07-24 22:09 15d ago
2026-07-24 20:13 15d ago
3 Real Reasons Why BitMEX is Shutting Down, and Who Could Be Next
BMEX BitMEX BNB BNB BTC Bitcoin FTT FTX Token HYPE Hyperliquid USDT Tether
CoinGecko News
Original source text
3 Real Reasons Why BitMEX is Shutting Down, and Who Could Be Next
2026-07-24 22:08 15d ago
2026-07-24 16:32 15d ago
Reddit: Ignore The Potential Google Scuffle And Carry On
RDDT Reddit
FMP Stock News
Original source text
HomeStock IdeasLong IdeasCommunication Services

SummaryReddit remains a buy, supported by rapid revenue growth and strong fundamentals despite a rich valuation and recent price volatility.RDDT's AI data licensing, notably the $60M/year Alphabet deal, is important but not existential; future exclusivity deals or renegotiations could shift the landscape.Gross margin stands at 91.37% and net income margin at 28.60%, with revenue growth of 70.64% largely driven by advertising rather than AI licensing.Upcoming earnings may outperform expectations, but RDDT's reliance on advertising and potential AI-driven shifts in web traffic are key risks to monitor. stockcam/iStock Unreleased via Getty Images

Some months back, I mentioned that Reddit (RDDT) could thrive in an AI-driven world by providing vast quantities of data for AI training models to learn on. I still like the AI angle

1.31K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOOG RDDT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-07-24 21:59 15d ago
2026-07-24 13:51 15d ago
SanDisk (SNDK) Stock Surges 578% in 2025 — Will Earnings Sustain the Rally?
RLY Rally
CoinGecko News
Original source text
Key Highlights SanDisk announces fiscal Q4 2026 results after trading ends on August 5 Options market anticipates a 25% price movement following the earnings announcement Analysts project Q4 revenue reaching $8.42 billion, representing 343% year-over-year growth Earnings per share forecasted at $34.67 versus $0.29 in the prior-year quarter SNDK shares have soared 578% year-to-date, propelled by NAND pricing strength and AI infrastructure storage needs SanDisk (SNDK) prepares to unveil its fourth-quarter fiscal 2026 financial results following the market close on August 5. Shares are presently hovering near $1,636, with the consensus analyst price target of $2,052.50 suggesting potential upside of 27.46%.

Sandisk Corporation, SNDK

SNDK has emerged as a top-tier performer in equity markets this year, recording a remarkable 578% advance year-to-date. This exceptional climb reflects escalating NAND flash memory prices coupled with surging storage requirements across AI-focused data center infrastructure.

Derivatives markets signal heightened volatility expectations. Options pricing suggests a potential 25.08% movement in either direction post-announcement. This considerably exceeds the company’s typical post-earnings volatility of 8.75% recorded across the previous four quarterly reports.

The Street’s consensus revenue forecast for the fourth quarter stands at $8.42 billion — representing a staggering 343% year-over-year increase. Earnings per share are anticipated to reach $34.67, a dramatic improvement from the $0.29 reported in the comparable quarter last year.

Looking at the full fiscal 2026 picture, analysts are modeling EPS of $64.52, marking a substantial acceleration from the $1.78 delivered in fiscal 2025. Such explosive earnings expansion typically captures significant investor interest.

SanDisk’s previous quarterly disclosure provided encouraging signals. When Q3 numbers were released on April 30, the stock rallied 8.3%. Revenue soared 251% year-over-year to $5.95 billion, while adjusted EPS hit $23.41 alongside an impressive gross margin of 78.4%.

Enterprise Data Center Revenue Critical Investors should concentrate on data center segment performance this reporting period. Enterprise solid-state drive revenue climbed approximately seven-fold year-over-year in the previous quarter, advancing 233% sequentially to reach $1.467 billion. Market participants are eager to determine whether this trajectory persisted through Q4.

Hyperscale cloud provider spending patterns will command attention as well. Any indications regarding order trends from major cloud infrastructure operators could trigger significant share price reactions.

NAND flash pricing dynamics and profitability metrics represent another critical area. Should NAND prices have maintained their upward trajectory throughout the quarter, this would likely support continued gross margin improvement.

Wall Street Outlook and Ratings Susquehanna analyst Mehdi Hosseini, who holds a five-star ranking, recently adjusted his price objective to $3,050 from $3,250 after identifying modeling errors in his firm’s financial projections. This adjustment was purely technical in nature rather than reflecting a fundamental shift in perspective — he maintained his Buy recommendation and continues to express optimism regarding SanDisk’s multi-year growth trajectory linked to AI-powered flash storage adoption.

According to TipRanks data, SNDK maintains a Strong Buy consensus rating derived from 14 Buy recommendations and three Hold ratings. The mean price target of $2,052.50 indicates approximately 27% appreciation potential from present trading levels.

The organization has also scheduled its Investor Day event for August 13, potentially offering additional transparency regarding fiscal 2027 projections and strategic priorities. Executive commentary surrounding the upcoming fiscal year outlook will represent a crucial element for market participants to monitor during the earnings conference call.
2026-07-24 21:59 15d ago
2026-07-24 15:46 15d ago
Bitcoin's 9% July Rally May Not Last as 2026 Mirrors 2018: Is a September Drop Coming?
BTC Bitcoin RLY Rally
CoinGecko News
Original source text
Bitcoin (CRYPTO: BTC) is up 9% in July, but crypto analyst Benjamin Cowen said the gains are likely temporary and August and September could erase them, just as they did in 2018 and 2022.

Why Cowen Says Bitcoin Is Stuck Between Two Key LevelsCowen said in a youtube video that Bitcoin is ping-ponging between the bear market resistance band above and the 200-week moving average below, with neither level breaking convincingly in either direction. 

Every approach to the resistance band has produced a rejection, and every dip toward the 200-week moving average has produced a bounce.

He said this setup mirrors 2018 almost exactly. Both years saw a low in February, a retest of that low in late June, and then a July countertrend rally. 

The key difference is volatility — in 2018 the range was about 40% wide, while in 2026 it is only about 20%, making this a quieter, slower version of the same pattern.

What History Says About July Rallies in Midterm YearsCowen tracked Bitcoin’s July returns across every midterm year and found the pattern consistent. 

In 2022, Bitcoin gained 20% in July before August and September wiped out those gains. 

In 2018, it gained nearly 40% in July before the same thing happened. Even where July was slightly negative, like 2014, the weakness still arrived in the months that followed.

He said the window for Bitcoin to stay strong is likely closing within two to four weeks, with August and September historically the months where the summer bounce gives way to renewed selling pressure.

What Needs to Happen for the Pattern to BreakCowen said the S&P 500 (NYSE:SPY) is the key variable Bitcoin is waiting on. In 2018 and 2022, stocks topped in August or September and then dropped 10% to 20%, pulling Bitcoin down with them and forming the cycle low. 

He said that stock market correction has not happened yet, which is partly why Bitcoin has not broken down either.

His base case is that the S&P 500 tops in August or September, drops, Bitcoin follows, and the market cycle bottom forms from that level. 

If Bitcoin has not broken down by the end of the year, he said he would treat that as time-based capitulation and shift his view toward a new bull market beginning.

He put the theoretical cycle low around late November, noting that is why the ITC conference he is hosting is scheduled for that window.

Image: Shutterstock

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© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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2026-07-24 21:52 15d ago
2026-07-24 16:22 15d ago
Why Booz Allen Hamilton Stock Soared Today
BAH Booz Allen Hamilton Holding
FMP Stock News
Original source text
Ending the week on a bullish note, shares of defense contractor Booz Allen Hamilton (BAH +10.11%) ripped higher today after the defense contractor reported strong first-quarter 2027 financial results and fiscal 2027 guidance before the opening bell rang.

Shares of Booz Allen climbed 10.1% today, paring back an earlier gain of 15.7%.

Image source: Getty Images.

Beating analysts' expectations on the bottom line isn't the only thing investors are celebrating Coming up just short of analysts' top-line estimates of $2.81 billion, Booz Allen reported Q1 sales of $2.8 billion. At the bottom of the income statement, however, Booz Allen crushed expectations, reporting adjusted earnings per share (EPS) of $1.81 -- notably higher than the $1.49 that analysts had anticipated.

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On the cash flow statement, investors found another sign of the company's strong recent performance. During the first quarter of 2027, Booz Allen generated free cash flow of $261 million, a year-over-year increase of 172%.

In addition to the Q1 2027 financial results, Booz Allen provided 2027 revenue guidance of $11.2 billion to $11.7 billion, as well as adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance of $1.24 billion to $1.29 billion. Should the company achieve the midpoints of both of these metrics, it will represent year-over-year revenue and adjusted EBITDA growth of 2.2% and 2.8%, respectively.

Booz Allen stock is sitting in the bargain bin Trading at 7 times operating cash flow, Booz Allen shares are trading at a steep discount to their five-year average cash flow multiple of 16. Between the stock's attractive price tag, the company's strong Q1 2027 financial performance, and management's encouraging outlook for the remainder of the fiscal year, investors seeking a leading defense stock would be well-served to consider Booz Allen stock right now.

Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Booz Allen Hamilton. The Motley Fool has a disclosure policy.
2026-07-24 21:44 15d ago
2026-07-24 15:05 15d ago
Could $2,000 in Oklo Stock Today Set You Up for a Dream Retirement?
OKLO Oklo
FMP Stock News
Original source text
As expenses keep rising, Americans 65 and older may be seeing a shortfall between what they are bringing in and what they are spending. According to research from The Motley Fool, in 2024, the median annual income for Americans 65 and older was $56,680, while households headed by someone who lists their occupation as retired spent an average of $59,616.

Ahead of retirement, stats like that may have some people on the hunt for stocks that could add more cushioning for when it's time to stop working. One such growth stock attracting significant interest is the nuclear power company Oklo (OKLO -8.52%).

A $2,000 investment in Oklo today could certainly become worth more in the future, but whether it's enough to help fuel a dream retirement or even just offer more of a cushion is a different question.

Image source: The Motley Fool.

Why a $2,000 investment isn't enough What everyone wants and needs in retirement is based on individual circumstances. But we can look at some broad scenarios for whether Oklo could provide a nice-sized nest egg in retirement. For instance, the Oklo stock would need to trade at $2,154 per share for a $2,000 investment to turn into $100,000.

Looking at two more scenarios, Oklo would need to reach $10,771 per share to turn that $2,000 investment into $500,000. To turn that $2,000 investment into $1 million, Oklo would need to trade at $21,542 per share.

That tells us a one-time investment of $2,000 in Oklo is not enough to be a major contributor toward any retirement planning. Since it's a pre-revenue growth stock, relying heavily on Oklo as part of any retirement plan is also risky.

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What's ahead for Oklo Oklo lacks commercial operations, so investing in it is all about what it can do in the future and the unique position it can establish in the nuclear energy space. It's developing a vertically integrated business model that allows continuous power generation, as it not only sells the power and heat its reactors generate but also recycles fuel for reuse in the reactors.

To lock in a deal and help move Oklo's commercialization efforts along, Meta Platforms signed an agreement with Oklo in January to prepay for power and to provide funding for its reactor project in Ohio. Its powerhouse facility is expected to deliver up to its full power target of 1.2 gigawatts by 2034.

Oklo also announced a collaboration with Nvidia and the Los Alamos National Laboratory in April that could bear fruit. In the announcement, Oklo said:

Projects under the agreement include integrated full-stack solutions to support nuclear powered AI factories; AI development, including physics and chemistry trained AI models to support nuclear fuel R&D; grid stabilization, reliability, and redundancy studies; materials science efforts focused on plutonium-bearing fuel; and proof of concept work related to the development of a nuclear powered AI factory.

What to consider next Among the 22 analysts tracked by CNN, the median price target for Oklo over the next year is $84. As of this writing, that would be a gain of around 90%, showing there could be plenty of upside.

That said, there's still plenty of execution risk in what Oklo is trying to accomplish, and without commercial operations, it could still be years before Oklo would reach that median price target. Simply put, a $2,000 investment today isn't going to create a windfall for retirement.
2026-07-24 21:39 15d ago
2026-07-24 19:40 15d ago
Waymo and Uber split in Phoenix as robotaxi rivalry heats up
PHB Phoenix Global
CoinGecko News
Original source text
Waymo and Uber have officially ended their robotaxi partnership in Phoenix, Arizona. The breakup was finalized in May 2026, with public confirmation landing on June 29.

The partnership, which launched in 2023, involved just over a dozen Waymo autonomous vehicles integrated into Uber’s ride-hailing platform.

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What happened in Phoenix Following the split, Waymo has pulled those vehicles back into its own fleet. They’re now accessible through the Waymo app and being used for DoorDash deliveries and Via Transportation partnerships.

Uber is expected to announce a new autonomous vehicle partner for Phoenix, signaling that its strategy was never about Waymo specifically.

Still partners, sort of The Phoenix split doesn’t mean a complete divorce. Waymo vehicles remain available through Uber’s app in both Atlanta and Austin, where their integration continues for now.

Both companies are also eyeing London as a future battleground.

The regulatory angle Beyond fleet logistics, Uber has been actively lobbying against proposed regulations in Washington, D.C. that it perceives as favoring Waymo.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
2026-07-24 21:35 15d ago
2026-07-24 15:11 15d ago
SL Green Q2 FFO Beat Estimates on Leasing Gains, '26 Guidance Raised
SLG SL Green Realty
FMP Stock News
Original source text
Key Takeaways SLG posted Q2 FFO of $1.43 per share, beating estimates by 20.17% despite a yearly decline.SLG signed 53 Manhattan leases, while replacement rents rose 18% and occupancy reached 94.7%.SLG raised 2026 FFO guidance to $5.60-$5.90 per share from $4.40-$4.70. SL Green Realty Corp. (SLG - Free Report) reported second-quarter 2026 funds from operations (FFO) per share of $1.43, which beat the Zacks Consensus Estimate of $1.19 by 20.17%. However, FFO declined 12.3% from $1.63 in the year-ago quarter.

Net rental revenues of $171.85 million surpassed the consensus estimate of $171.48 million by 0.22% and increased 16.5% year over year.  The results reflected stronger Manhattan leasing, higher occupancy and growth in same-store cash net operating income (NOI).

SLG's Leasing Momentum StrengthensDuring the second quarter, SL Green signed 53 Manhattan office leases covering 445,161 square feet. The average rent was $93.17 per rentable square foot, while the average lease term was 5.8 years.

Replacement leases covering 308,680 square feet had average starting rents of $98.42 per rentable square foot. This represented an 18% increase over the previous fully escalated rents for the same office spaces, indicating healthy pricing for recently occupied space.

On July 22, 2026, SL Green announced that an AI tenant had entered into a new 10-year lease totaling 98,420 square feet for the entire 11th floor at 11 Madison Avenue. With this lease, the company has executed office leases covering 1,478,673 square feet to date in 2026 and maintains a current pipeline of more than 900,000 square feet.

SLG's Occupancy and NOI ImproveManhattan same-store office occupancy, including leases signed but not yet commenced, rose to 94.7% as of June 30, 2026. This compares with 94.4% at the end of the prior quarter and 93% at the end of 2025. Management expects occupancy on the same basis to reach 95% by year-end 2026.

Manhattan same-store cash NOI, including the company’s share from unconsolidated joint ventures and excluding lease termination income, increased 4.3% from the prior-year quarter.

SLG's Portfolio Activity Remains ActiveThe company closed the sale of the residential and retail components of 7 Dey Street for $222.6 million, generating net cash proceeds of $23.7 million. It retained ownership of the 21,000-square-foot office condominium.

SL Green also sold a 49% joint venture interest in the 346 Madison Avenue development at a gross valuation of $175 million and received $94.9 million in net proceeds. Separately, it agreed to sell 10 East 53rd Street for $312.2 million, with expected net proceeds of about $100 million earmarked for corporate debt repayment.

SLG’s Debt Fund, Liquidity & Buyback Add SupportThe company deployed $94.7 million from its $1.3 billion SLG Opportunistic Debt Fund during the second quarter. Since the beginning of the year through July 22, 2026, deployment reached $306.4 million, bringing the cumulative deployment to $590.5 million, of which $517.5 million had been funded.

SLG ended June 2026 with cash and cash equivalents of $180.8 million, up from $143.9 million at the end of March 2026. Consolidated debt declined to $4.55 billion from $4.77 billion sequentially.

SLG repurchased $14.1 million of common stock at an average price of $49.67 per share.

SLG Raises 2026 GuidanceManagement increased its 2026 FFO guidance to $5.60-$5.90 per share from $4.40-$4.70. The midpoint rose $1.20, including 40 cents per share from higher NOI generated by the company's real estate portfolio, incremental fees and other income, and 80 cents per share of additional income expected from One Vanderbilt Avenue. The Zacks Consensus Estimate for 2026 FFO per share is currently pegged at $4.58.

SLG’s Zacks Rank & RecommendationSL Green currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Upcoming Earnings ReleasesWe now look forward to the earnings releases of other REITs like Extra Space Storage (EXR - Free Report) and Cousins Properties (CUZ - Free Report) , slated to report on July 28 and 30, respectively.

The Zacks Consensus Estimate for EXR’s second-quarter 2026 FFO per share is pegged at $2.06, which implies a 0.49% year-over-year decrease. EXR currently carries a Zacks Rank #3.

The Zacks Consensus Estimate for CUZ’s second-quarter 2026 FFO per share is pinned at 74 cents, which indicates a 5.7% rise year over year. CUZ currently carries a Zacks Rank #3.

Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
2026-07-24 21:34 15d ago
2026-07-24 15:50 15d ago
Flagstar Bank, National Association (FLG) Q2 2026 Earnings Call Transcript
FLG Flagstar Financial
FMP Stock News
Original source text
Flagstar Bank, National Association (FLG) Q2 2026 Earnings Call Transcript
2026-07-24 21:34 15d ago
2026-07-24 15:17 15d ago
Bragar Eagel & Squire, P.C. Reminds Futu Holdings Limited Stockholders that a Class Action Lawsuit Has Been Filed Against Futu and Encourages Investors to Contact the Firm
FUTU Futu Holdings
FMP Stock News
Original source text
Bragar Eagel & Squire, P.C.  Litigation Partner  Brandon Walker  Encourages Investors Who Suffered Losses In Futu (FUTU) To Contact Him Directly To Discuss Their Options
2026-07-24 21:34 15d ago
2026-07-24 15:52 15d ago
Futu Holdings Limited (FUTU) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
FUTU Futu Holdings
FMP Stock News
Original source text
, /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU) have opportunity to lead the securities fraud class action lawsuit.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN FUTU HOLDINGS LIMITED (FUTU), CLICK HERE BEFORE AUGUST 25, 2026 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

What Is The Lawsuit About?
The complaint filed alleges that, between May 24, 2023 and May 27, 2026, Defendants failed to disclose to investors that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz, 
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

SOURCE The Law Offices of Frank R. Cruz, Los Angeles
2026-07-24 21:34 15d ago
2026-07-24 16:00 15d ago
Futu Holdings Limited (FUTU) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
FUTU Futu Holdings
FMP Stock News
Original source text
Futu Holdings Limited (FUTU) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit PR Newswire
2026-07-24 21:34 15d ago
2026-07-24 17:19 15d ago
Futu Holdings Limited Securities Fraud Class Action Result of Undisclosed Regulatory Compliance Failures and Approximately 32% Stock Decline - Investors May Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
FUTU Futu Holdings
FMP Stock News
Original source text
New York, New York and New Orleans, Louisiana--(Newsfile Corp. - July 24, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until August 25, 2026 to file lead plaintiff applications in a securities class action lawsuit against Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU), if they purchased or otherwise acquired the Company's securities between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of New York.

Cannot view this video? Visit:
https://www.youtube.com/watch?v=Tmjc32xVGrk

What You May Do

If you purchased securities of Futu as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-833-538-3653 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgm-futu/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by August 25, 2026.

>>>CLICK HERE for more information

About the Lawsuit

Futu and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company was not in compliance with the requirements of the China Securities Regulatory Commission, including because it continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (ii) as a result, the Company was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (iii) as a result of the foregoing, the Company's financial results were overstated; and (iv) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

The case is Tang v. Futu Holdings Limited, et al, 26-cv-05453.

>>>To Learn More, Click HERE

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

>>>For More Information about the case, Click HERE

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306541

Source: Kahn Swick & Foti, LLC

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2026-07-24 21:29 15d ago
2026-07-24 15:48 15d ago
'Inference Speed Makes Markets Bigger,' says Cerebras CEO
CBRS Cerebras Systems
FMP Stock News
Original source text
AMD is teaming up with Cerebras on a new server designed to slash response times, taking direct aim at Nvidia and promising some of the fastest AI systems on the market. Cerebras CEO Andrew Feldman explains how the partnership works, why speed is becoming the next battleground in AI infrastructure, and what it means for the rapidly evolving AI chip market.
2026-07-24 21:29 15d ago
2026-07-24 15:55 15d ago
Is the Musk premium baked into SpaceX stock price?
SPCX SpaceX
FMP Stock News
Original source text
Investors betting on SpaceX SPCX shares are buying into more than just reusable orbital rockets and a global satellite internet network – they are purchasing a ticket to the visionary leadership of Elon Musk.

However, according to a recent analysis from HSBC, that celebrated “Musk factor” may already be fully priced into the equity.

Analysts at the bank initiated coverage on the aerospace pioneer with a Hold rating and a $115 target price, indicating absence of any meaningful upside from current levels.

Note that SpaceX stock has been in a sharp downtrend in recent weeks. At writing, it’s trading even below its IPO price of $135.

Standard financial formulas used for traditional conglomerates, SPACs, or biotech firms simply fail to reflect how the market rates elite founders who reshape global industries.

To capture this reality, HSBC departed from classic metrics and built a custom sum-of-the-parts model featuring a 2x “innovation premium”.

The benchmark for this multiplier was drawn directly from Tesla’s first decade on public markets, leveraging Musk’s established track record in disruptive manufacturing and commercial deployment.

The bank noted that while analysts often apply holding company discounts, special founder premiums are warranted when leaders consistently upend whole sectors.

Yet even with this generous multiplier factored in, HSBC concludes that current market prices leave very little room for short-term upside on SPCX shares.

The core takeaway from HSBC’s base-case framework is that today’s market valuation already anticipates seamless execution across SpaceX’s main business pillars.

Investors have fully embedded expectations for Starlink's expanding global subscriber footprint, high-frequency Falcon launch manifests, and early-stage spatial artificial intelligence initiatives.

However, the report cautions that for SpaceX shares to breach higher territory, the company must overdeliver; HSBC did outline an optimistic  “blue sky” scenario valuation of $293 per share.

But achieving it requires aggressive operational milestones: commercial viability for the next-generation Starship rocket by 2027, doubling overall launch throughput relative to base estimates, extracting significantly higher average revenue per user (ARPU) from Starlink, and securing top-tier software multiples for its internal AI infrastructure.

While long-term bulls point to that $293 optimistic view, short-term realities on the trading floor reflect heightened scrutiny.

SPCX stock has faced headwinds following technical delays around its pivotal 13th Starship test flight and market anxiety over massive insider share unlock periods approaching in August.

While institutional backers continue to view Starship as the key to unlocking exponential payload scale, HSBC’s balanced stance highlights that execution risks cannot be ignored.

Until SpaceX consistently proves out Starship's full orbital reusability and commercial monetization, the stock appears bound to its fundamental trajectory, leaving the famous Musk premium firmly baked into the price for now.
2026-07-24 21:29 15d ago
2026-07-24 16:03 15d ago
Elon Musk's SpaceX Flies 20 Starlink V3 Satellites Tonight. The Stock Sits 49% Below Its High.
SPCX SpaceX
FMP Stock News
Original source text
At 6:45 p.m. ET tonight, SpaceX (SPCX -2.85%) gets a third try at its most consequential launch as a public company. Starship Flight 13 has a 90-minute window to lift off from the company's Starbase site in Texas, carrying the first 20 next-generation Starlink V3 satellites.

"Some of the engines didn't start, triggering an automatic launch abort," CEO Elon Musk wrote on X after the first attempt on July 16. SpaceX swapped out engines, and then weather postponed the second try on Thursday.

The stock could use the win. Shares sit at about $112 as of this writing, roughly 1% above their all-time low of $110.85 and well below the $135 price from June's initial public offering (IPO).

Image source: The White House.

What tonight actually decides is the timeline of Starlink's next capacity leap. Each V3 satellite is designed to deliver about 1 terabit per second of downlink capacity, roughly 10 times what the current generation of satellites provides. A full Starship load of about 60 of them would add roughly 60 terabits per second to the network, about 20 times what a Falcon 9 launch delivers today. That capacity is what lets a satellite network sell faster service to more subscribers without congestion. It's the foundation of the company's plan to turn Starlink into a gigabit-speed internet provider.

Today's Change

(

-2.85

%) $

-3.37

Current Price

$

114.87

The satellites can only ride on Starship, though, and Starship has kept them grounded for eight days now. The 20 satellites aboard are a deployment test: They will extend their solar arrays and antennas and attempt to connect with the larger Starlink constellation. Until that demonstration works, the V3 capacity ramp stays theoretical.

A successful flight tonight won't settle the argument over the stock, which still carries a market value near $1.5 trillion against a business that loses money. The next major financial update arrives Aug. 4, when SpaceX is scheduled to report its first quarterly results as a public company. But a clean deployment would show the next generation of the company's biggest product working in space before those numbers land. After six weeks of nearly uninterrupted decline, that would count as the first hard piece of good news this stock has had.

Daniel Sparks and his clients do not have positions in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
2026-07-24 21:29 15d ago
2026-07-24 15:00 15d ago
Rexford Industrial Realty, Inc. (REXR) Q2 2026 Earnings Call Transcript
REXR Rexford Industrial Realty
FMP Stock News
Original source text
Rexford Industrial Realty, Inc. (REXR) Q2 2026 Earnings Call Transcript
2026-07-24 21:29 15d ago
2026-07-24 16:29 15d ago
Like It or Not, Apple Built a Perfect Mousetrap, So I Keep on Buying
AAPL Apple
FMP Stock News
Original source text
I keep buying Apple (NASDAQ:AAPL | AAPL Price Prediction), and I stopped apologizing for it a long time ago.
2026-07-24 21:29 15d ago
2026-07-24 16:49 15d ago
Rotation Hits Magnificent 7: How Strong Ratings Sparked Apple Stock Swing Trade
AAPL Apple
FMP Stock News
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Rotation hit the Magnificent Seven as well as the market. Apple came out on top.

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2026-07-24 21:29 15d ago
2026-07-24 15:10 15d ago
Elon Musk Has Lost This Much Money as SpaceX, Tesla Stock Tank
TSLA Tesla
FMP Stock News
Original source text
Tesla and SpaceX stock, as investors know, have gotten hammered this week, and the drops have cost Elon Musk a boatload of money.
2026-07-24 21:29 15d ago
2026-07-24 16:08 15d ago
TSLA Week's Worst SPX Performer: Investors Pump Brakes Near 52-Week Low
TSLA Tesla
FMP Stock News
Original source text
Tesla (TSLA) was the worst performing stock in the S&P 500 (SPX) this week. @CharlesSchwab's Rachel Dashiell looks at the charts and the options activity as the company trades near a 52-week low.
2026-07-24 21:29 15d ago
2026-07-24 16:20 15d ago
Musk's bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
TSLA Tesla
FMP Stock News
Original source text
It was a rough week for Elon Musk.

Tesla shares plunged 18% during the week to close at $313.03 on Friday, their worst weekly slump since 2022. And SpaceX continued its downward slide, dropping 7.2% over five days to close at $115.07 Friday, its lowest since the company's record IPO last month.

The declines in both stocks wiped away about $130 billion of Musk's wealth, weeks after he'd become the world's first trillionaire. In a post on X on Friday, Musk wrote, "(Former) trillionaire."

Tesla's slump was spurred by weaker-than-expected earnings when the electric vehicle maker reported second-quarter results late Wednesday. The company turned cash flow negative due to a surge in spending on futuristic projects like robotaxis, humanoid robots and a giant chip fab.

"We expect this to pressure free cash flow and delay earnings growth, without providing any near-term shareholder return," wrote analysts at Argus Research, which has a hold rating on the stock, in a report on Friday. "We believe it will be nearly impossible for Tesla to generate any consistency in profit growth in the near-term."

Tesla's stock is now down 30% for the year, by far the worst performer among tech's megacaps.

Read more CNBC tech newsMoonshot AI accessed Nvidia's chips despite Chinese export ban, White House official saysAlphabet and Tesla test Wall Street's patience as AI spending overshadows growthAlphabet earnings takeaways: Q2 revenue beats, GOOGL stock sinks on 2026 capex hikeTesla misses on earnings, as free cash flow turns negative and margins slideMeanwhile, SpaceX's stock has been on a steady downward trajectory over the past month following an initial pop when the company went public. The shares have dropped for four of the past five weeks and are about 43% off their peak close on June 16.

On Friday evening, SpaceX will again attempt the 13th test flight of Starship, the largest rocket ever built or flown. The company plans to fly the new version of the rocket, Starship V3, from its company town and launch facility in Starbase, Texas. The rocket is designed to be fully reusable and is considered crucial for SpaceX's near-term aims to vastly grow its Starlink satellite network.

In a post on X, which is owned by SpaceX, the company said it delayed the test flight planned for Thursday "due to weather." SpaceX previously scrubbed a test flight last week, after the rocket's booster triggered a hold, which "shut down the engines right as they were starting to ignite," a SpaceX employee said during a livestream of the event.

A successful launch of Starship V3, an upgraded version of its roughly 400-foot-tall rocket, would be the first since the company's IPO.

SpaceX plans to use Starship to bring U.S. astronauts back to the Moon's surface, and Musk wants the rocket to eventually run manned missions to Mars.

Musk made a public appearance this week, sitting down for what turned out to be a contentious interview with The Economist.

Zanny Minton Beddoes, editor-in-chief of the publication, asked Musk about his support for "not just the populist right, but the far right, in fact very fringe parties in some countries."

In addition to his financial and vocal support for President Donald Trump, including his work for the second administration, Musk has endorsed Germany's AfD, an extreme anti-immigrant party, as well as the UK's Restore Britain, founded by Rupert Lowe, who also calls to "reverse mass migration."

"It's just normal people!" Musk said in response. He berated Beddoes and "the traditional media" for an "absurd characterization of the far right."

watch now
2026-07-24 21:28 15d ago
2026-07-24 16:43 15d ago
Waymo reportedly mulling a breakup with Uber
UBER Uber
FMP Stock News
Original source text
In Brief

Posted:

1:43 PM PDT · July 24, 2026

Image Credits:Eric Thayer/Los Angeles Times / Getty Images Waymo is reportedly looking for a way out of its deal with Uber, which has made the Alphabet-owned company’s robotaxis available on the ride-hailing giant’s network in Austin and Atlanta, according to the Financial Times.

Waymo already told Uber that it intends to offer robotaxis on its own app in those markets starting in January 2028 and alongside the existing offering, the ride-hail giant told TechCrunch on Friday. Uber said the contract with Waymo that covers Austin and Atlanta ends in May 2028. The two companies already split in Phoenix earlier this year, as TechCrunch first reported.

Waymo didn’t immediately respond to a request for comment.

This all follows months of rising tensions between Waymo and Uber. Earlier this year, Uber CTO Praveen Neppalli posted a video of what he thought was unsafe and “scary” behavior of a Waymo robotaxi. In May, Uber CEO Dara Khosrowshahi lightly criticized the behavior of Waymo’s robotaxis in school zones and emergency situations during an earnings call, though without naming the company.

Waymo, meanwhile, has wound up opposite Uber in a number of fresh policy fights over robotaxi regulations.

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2026-07-24 21:28 15d ago
2026-07-24 15:58 15d ago
Trump defends DOJ subpoenas of NY Times reporters; Google also was targeted
GOOGL Alphabet
FMP Stock News
Original source text
President Donald Trump on Friday defended his Department of Justice's issuance of subpoenas to New York Times reporters, as it was revealed that Google also received a subpoena in the same criminal investigation of the leak of information about the president's new Air Force One plane.

Trump's comments on the subpoenas came a day after the DOJ told a New York federal judge it was withdrawing those subpoenas for grand jury testimony by Times reporters and their phone records. The DOJ is investigating the leak of concerns about the security measures on the president's Qatari-donated plane, which the Times wrote about earlier in July.

Judge Arun Subramanian had warned prosecutors on Thursday that if they did not voluntarily withdraw the subpoenas, he would quash them.

"We're not after journalists," Trump told reporters in the Oval Office on Friday. "We're after leakers. We're after people that are cowards, people that are unpatriotic, people that are treasonous in many cases."

"And the way you find them is through journalists," the president said.

"That person should be found, and the way you find them is to tell the journalist, if it's something having to do with national security, you tell the journalist: 'Who is it?' " Trump said.

"And we have a long way to go with that case," he added.

At around the same time that Trump was talking, a letter that lawyers for Google sent Friday to Subramanian was unsealed in U.S. District Court in Manhattan on the order of the judge.

The letter revealed that Google on July 16 was issued a subpoena from a grand jury at the behest of the DOJ seeking "subscriber information associated with a phone number."

The subpoena was sent to Google a day after lawyers for the Times moved to quash subpoenas issued to their reporters.

Google also received on July 16 an order not to disclose to the phone number subscriber that fact that it had received a subpoena for their information.

In their letter on Friday, Google's lawyers asked Subramanian to vacate the non-disclosure order, which had been signed by a magistrate judge, arguing that the order violates the First Amendment of the Constitution, which established the right to free speech.

"The government has admitted that, at the time of its application for the NDO, it 'inadvertently included language that the investigation was "not public" when the fact of the investigation was public,' " the letter said.

Subramanian granted the request to vacate the NDO, a court filing shows.
2026-07-24 21:28 15d ago
2026-07-24 15:58 15d ago
Alphabet: Strong Buy Despite AI CapEx Fears
GOOGL Alphabet
FMP Stock News
Original source text
Alphabet Inc. delivered Q2 results with 24% revenue growth and strong AI-driven monetization across Search, Cloud, and YouTube. GOOG's aggressive AI CapEx strategy led to negative free cash flow and raised 2026–2027 CapEx guidance, fueling investor concerns about capital intensity. Google Cloud revenue nearly doubled to $24.8B with margin expansion, while AI tools are driving higher ad conversions and enterprise adoption.
2026-07-24 21:28 15d ago
2026-07-24 16:21 15d ago
Alphabet: Is the Stock a Buy on the Dip as Cloud Revenue Surges?
GOOGL Alphabet
FMP Stock News
Original source text
Despite delivering strong second-quarter results, Alphabet (GOOGL +0.58%) (GOOG +0.21%) shares sank following its results. The company upped its capital expenditures (capex) forecast, as it continues to plow money into AI infrastructure. The stock is still up 65% over the past year, although it's off more than 20% from its earlier highs this year.

Let's dive into the company's Q2 results and prospects, and why I think this is a great opportunity to buy the stock.

Today's Change

(

0.58

%) $

1.84

Current Price

$

319.53

Alphabet's cloud computing unit, Google Cloud, once again stood out in Q2. Revenue for the segment continued to accelerate, surging 82% to $24.8 billion. That compares to 63% growth in the first quarter, 48% growth in the fourth quarter of 2025, 34% growth in the third quarter of 2025, and 32% growth in Q2 of last year. Perhaps even more impressive, though, is the operating leverage that the unit has been seeing.

Google Cloud's operating income soared from $2.8 billion a year ago to $8.8 billion, a more than threefold increase. Its cloud backlog, meanwhile, rose from $462 billion at the end of Q1 to $518 billion. This includes both cloud agreements and orders for its Tensor Processing Units (TPUs).

The reason the stock sold off, though, is that Alphabet once again increased its capex budget. It now plans to spend between $195 billion and $205 billion on AI data center infrastructure this year, up from a prior forecast of $180 billion to $190 billion, as it remains capacity-constrained. Its original capex guidance was for between $175 billion and $185 billion for 2026. It also said that its spending on AI infrastructure will be significantly higher next year.

Alphabet's core Google Search business, meanwhile, saw revenue climb 17% to $63.3 billion. The integration of Gemini into its ad platform is helping improve ad quality and relevance. At the same time, AI-powered features are helping fuel more search usage. Its stand-alone Gemini app also now has more than 950 million monthly users.

YouTube continues to perform well, with ad revenue jumping 13% to $9.9 billion. Meanwhile, subscription (which includes YouTube, its Gemini App, cloud storage, and music) and device revenue rose 15% to $12.9 billion. Google Network revenue continues to be a weak spot, with revenue down nearly 1%.

Overall, Alphabet's total quarterly revenue increased by 24% to $119.8 billion, above the $116.9 billion consensus, as compiled by LSEG. Earnings per share (EPS) soared from $2.31 to $9.11, but that included a large gain on its Space Exploration Technologies holdings.

Image source: The Motley Fool.

Why Alphabet stock is a buy While the market punished Alphabet for its capex plans, the company is clearly demonstrating that it is getting strong returns on its investments. Not only is Google Cloud revenue surging, but its segment operating margins have also greatly improved. At the same time, its AI investments are also helping drive strong growth within its Google Search business.

Given the cost edge the company currently has with its TPUs, the right move is to press its advantage and spend aggressively on AI infrastructure. This is the smart decision, regardless of how the stock reacts.

The stock currently trades at a forward price-to-earnings ratio (P/E) of around 22 times 2026 analyst estimates. That's an attractive valuation for a company that is the most complete AI player, especially given its large investments in SpaceX and Anthropic.

Alphabet remains well-positioned, and its growth prospects look bright. While it has faced some delays with its Gemini Pro 3.5 model due to wanting to improve its agentic coding features, it has the resources to catch up in this area. Meanwhile, what it has been best at is creating models that work well in the consumer space, which it can monetize better than any other company, given its distribution and ad network advantages.

I'd be a buyer of Alphabet stock on this dip.
2026-07-24 21:28 15d ago
2026-07-24 15:46 15d ago
Amazon confirms it's closing key AI site in San Francisco but says work on its top models continues
AMZN Amazon
FMP Stock News
Original source text
by Todd Bishop on Jul 24, 2026 at 12:46 pmJuly 24, 2026 at 12:49 pm

GeekWire File Photo Amazon is closing its San Francisco AGI site as part of the layoffs it made this week in its artificial general intelligence organization, but said its frontier model research lab will continue.

A company spokesperson confirmed the news of the site closure, which was first reported by The Information. Amazon’s frontier model research work will carry on under Pieter Abbeel, a UC Berkeley professor who joined Amazon in 2024 when the company licensed the technology and hired the team from Covariant, the robotics startup he co-founded.

The AGI Lab was founded in December 2024 and initially built around several dozen employees Amazon brought in from the startup Adept, including its co-founder and CEO David Luan.

The team grew to about 80 people at its peak, according to The Information, but more than a dozen of the Adept hires have since left, Luan among them. Earlier this week, Amazon confirmed it was cutting an unspecified number of jobs across the broader AGI organization.

Impacted employees will have the chance to explore other roles at Amazon, the spokesperson said, and the company is supporting them through that process.

Nova Act, the browser-agent model and service that came out of the group, remains available on AWS and in use by customers. More broadly, AWS has continued to build out its agentic AI lineup, including Bedrock AgentCore and applications like Kiro, Quick, Continuum and Transform.

The moves come as Amazon invests heavily in helping customers deploy AI, including a $1 billion AWS effort to embed engineers with businesses building AI agents. The initiative reflects an expanded industry focus toward putting agents and models to better use for customers.

Previous Story‘The Odyssey’ isn’t on IMAX 70mm in Seattle — is it worth a journey for the summer’s biggest film?
2026-07-24 21:28 15d ago
2026-07-24 16:41 15d ago
Want part of Amazon's $2.5 billion settlement? The deadline is Monday
AMZN Amazon
FMP Stock News
Original source text
If you’ve been an Amazon Prime member at some point in the past several years, you have until Monday to file a claim to be included in a $2.5 billion settlement.

Eligible customers could receive up to $51 from a lawsuit brought against Amazon by the Federal Trade Commission regarding allegations the Seattle-based retail giant enrolled millions of customers in Amazon Prime subscriptions without their knowledge or consent and made it difficult to subsequently cancel their subscriptions. As part of Amazon’s settlement with the FTC in September, it agreed to pay the highest-ever civil penalty of $1 billion and establish a $1.5 billion fund to refund affected Prime customers. 

Whether you’re a longtime Amazon Prime customer or you’ve ditched the subscription, only days remain to be included in that settlement. Here’s what you need to know to cash in.

WHO QUALIFIES FOR A PAYOUTIf you already received a refund from Amazon for this settlement, you don’t have a further claim to make. That’s because Amazon sent refunds to eligible customers late last year. 

Subscribe to the Daily newsletter.Fast Company's trending stories delivered to you every day

However, as part of the settlement, Amazon also agreed to a claims process for those eligible customers who didn’t get an automatic refund. While you may have received a claim notice from the company, you can also file a claim online by providing some basic personal information and attesting to your eligibility. 

You will need to satisfy the following requirements to file a claim as part of the settlement:

You must live in the U.S. You unintentionally enrolled in an Amazon Prime subscription or tried to cancel and were unable to do so at some point between June 23, 2019 and June 23, 2025. You used less than 10 of the Amazon Prime benefits during any 12-month period following enrollment. You didn’t receive an automatic payment as part of this settlement already. The way you signed up for an Amazon Prime membership will also matter—you must have subscribed through what’s referred to as a “challenged enrollment flow” which includes at the shipping selection page. But Amazon will ultimately determine whether you did so. 

Explore TopicsAmazonAmazon Primesettlement
2026-07-24 21:28 15d ago
2026-07-24 15:13 15d ago
MICROSOFT CLASS ACTION ALERT: Bragar Eagel & Squire, P.C. Urges Microsoft Corporation Investors to Contact the Firm Regarding Lead Plaintiff Role
MSFT Microsoft
FMP Stock News
Original source text
Bragar Eagel & Squire, P.C. Litigation Partners Brandon Walker and Melissa Fortunato Encourage Investors Who Suffered Losses In Microsoft (MSFT) To Contact Them Directly To Discuss Their Options

If you purchased or acquired Microsoft common stock between May 1, 2025 and January 28, 2026 and would like to discuss your legal rights, contact Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato by email at [email protected] or by telephone at (212) 355-4648

Click here to participate in the action.

NEW YORK, July 24, 2026 (GLOBE NEWSWIRE) --

What’s Happening:

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Microsoft Corporation (“Microsoft” or the “Company”) (NASDAQ:MSFT) in the United States District Court for the Western District of Washington on behalf of all persons and entities who purchased or otherwise acquired Microsoft common stock between May 1, 2025 and January 28, 2026, both dates inclusive (the “Class Period”). Investors have until August 11, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Allegation Details:

According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Microsoft's Copilot family of products had experienced significant brand positioning, user experience, usage, data siloing, computational capacity, organizational, and interoperability problems; (2) Microsoft's flagship proprietary AI model ranked well below competitors on a number of benchmark tests; (3) Microsoft needed to increase by billions of dollars its capital expenditures and divert graphics processing unit ("GPU") and central processing unit ("CPU") capacity away from fulfilling demand for its profitable Azure services in order to improve the competitive positioning of its critical Copilot family of products and increase its AI-related research and development ("R&D"); and (4) as a result, Microsoft had failed to convert a significant percentage of its commercial Microsoft 365 users to paid Copilot subscriptions and Microsoft's Copilot offerings had lost market share to rival products, a trend that was increasing. When the true details entered the market, the lawsuit claims that investors suffered damages. Next Steps:

If you purchased or otherwise acquired Microsoft shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Follow us for updates on LinkedIn and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
[email protected]
www.bespc.com