USD/ZAR daily price chart showing the descending triangle pattern, EMA cluster (20/50/100/200), and support zones at 16.18 and 15.72. Source: TradingView A descending triangle is drawn on the chart, with a falling upper trendline capping every rally since April and horizontal support underneath. That pattern typically resolves lower, which aligns with the marked target arrow pointing down toward the support zones.
Will the SARB Hike Keep the Rand Bid? The case for a lower USD/ZAR rests on South African carry. According to Statistics South Africa, headline inflation jumped to 5.0% in June from 4.5% in May, the highest reading in two years and above the 4.7% consensus.
Transport was the main driver, with fuel prices up 34.3% over the year. That print lands one day before the South African Reserve Bank decision on July 23.
Bank of America and Goldman Sachs both expect a 25bp move to 7.25%, and Governor Kganyago has flagged that further tightening may be needed. Higher local rates widen the yield gap that pays traders to hold the rand, which supports the currency and pressures USD/ZAR.
If the SARB delivers and defends that carry, the bearish trend stays live. A daily close below the 20- and 50-day EMAs near 16.39 opens the door to the first support band at 16.18. A break of 16.18 would expose the lower support zone around 15.72.
The key risk to this bearish thesis is a dovish surprise. A split committee that holds at 7.00%, similar to the 4-2 vote in May, would remove the carry catalyst and let the pair drift back toward its moving averages.
Teledyne Technologies Incorporated (TDY) Q2 2026 Earnings Call July 22, 2026 11:00 AM EDT
Company Participants
Jason VanWees - Vice Chairman
Robert Mehrabian - Executive Chairman
George Bobb - President, CEO & Director
Stephen Blackwood - CFO & Executive VP
Conference Call Participants
Zachary Walljasper - UBS Investment Bank, Research Division
Bradley Eyster - Citigroup Inc., Research Division
Adam Samuelson - Jefferies LLC, Research Division
James Ricchiuti - Needham & Company, LLC, Research Division
Edward Magi - BNP Paribas, Research Division
Joseph Giordano - TD Cowen, Research Division
Sebastian Rivera - Stifel, Nicolaus & Company, Incorporated, Research Division
Robert Jamieson - Vertical Research Partners, LLC
Presentation
Operator
Welcome to Teledyne's Second Quarter Earnings Call. Here is our first speaker, Mr. Jason VanWees.
Jason VanWees
Vice Chairman
Good morning. This is Jason VanWees, Vice Chairman. I'd like to welcome everyone to Teledyne's Second Quarter 2026 Earnings Release Conference Call. We released our earnings earlier this morning before the NYSE open. Joining me today are Teledyne's Executive Chairman, Robert Mehrabian; President and CEO, George Bobb; EVP and CFO, Steve Blackwood; Melanie Cibik, EVP, General Counsel, Chief Compliance Officer and Secretary.
After remarks by Robert, George and Steve, we will ask for your questions. But of course, before we get started, attorneys have reminded me to tell you that all forward-looking statements made this morning are subject to various assumptions, risks and caveats as noted in the earnings release and our periodic SEC filings. And of course, actual results may differ materially. In order to avoid potential selective disclosures, this call is simultaneously being webcast and a replay, both via webcast and dial-in will be available for approximately 1 month.
Here is Robert.
Robert Mehrabian
Executive Chairman
Thank you, Jason. This morning, we were pleased to announce the strongest quarterly orders, sales and operating profit in the company's history. Specifically, sales increased 9.8% and non-GAAP earnings increased 20.8%. Orders
Highwoods Properties vyhlásila čtvrtletní dividendu 0,50 USD na akcii kmenových akcií, což odpovídá roční sazbě 2,00 USD na akcii. Dividenda je splatná 9. září 2026.
RALEIGH, N.C., July 22, 2026 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended June 30, 2026, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on September 9, 2026 to all holders of record as of August 17, 2026.
The Board also declared a cash dividend of $21.5625 per share of the Company’s 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on August 31, 2026 which is the next regularly scheduled dividend payment date, to all holders of record as of August 17, 2026.
About Highwoods
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (“REIT”) that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Our vision is to be a leader in the evolution of commercial real estate for the benefit of our customers, our communities and those who invest with us. Our mission is to create environments and experiences that inspire our teammates and our customers to achieve more together. We are in the work-placemaking business and believe that by creating exceptional environments and experiences, we can deliver greater value to our customers, their teammates and, in turn, our shareholders. For more information about Highwoods, please visit our website at www.highwoods.com.
Contact: Brendan Maiorana
Executive Vice President and Chief Financial Officer [email protected]
919-872-4924
DoorDash Crimson nově nabízí okamžité vklady poháněné platformou Astra Payment Cloud. Řidiči tak mohou v reálném čase převádět peníze z externích účtů přes Visa Direct a Mastercard Send.
DoorDash’s banking product for delivery drivers, DoorDash Crimson, now includes instant deposits powered by Astra’s Payment Cloud.
With this capability, DoorDash delivery drivers can use Visa Direct and Mastercard Send to add funds from external accounts in real time, Astra said in a Wednesday (July 22) press release.
Astra’s Payment Cloud is a vertically integrated platform that powers real-time money movement for businesses through a single application programming interface (API), according to the release.
The integration of this payments infrastructure into DoorDash Crimson includes payment execution, workflow automation, optimized card authorization, embedded risk controls and automated treasury functionality, per the release.
“We chose Astra because their platform architecture combines instant payments with automated treasury capabilities in a single system,” Nancy Yang, director, strategy and operations at DoorDash, said in the release. “The ease of integration and consistent performance gave us confidence we could support DoorDash Crimson at scale.”
Astra CEO Gil Akos said in the release that Astra’s payments infrastructure delivers the reliability and speed required by companies like DoorDash that process millions of transfers.
“We built the Payments Cloud to provide infrastructure that makes real-time money movement dependable and straightforward for teams building modern financial products,” Akos said.
The PYMNTS Intelligence report “Banking Both Sides: Instant Payouts Turn Receivers Into Customers” found that instant deposit has become something workers actively shop for when they are picking gig platforms and employers.
Thirty-one percent of gig workers said it is urgent that they receive disbursements instantly, according to the report.
Gig, creator and marketplace platforms are the most aggressive adopters of instant payouts in absolute terms, with nearly one-third of senders offering instant payouts always or most of the time, per the report.
“The disbursement market is moving to instant with or without any individual bank’s participation,” the report said. “Recipient demand is real, sender response is accelerating and the rails are in place.”
Astra announced in a February blog post that it secured a $10 million strategic investment from Nyca Partners to scale the Payments Cloud.
“Instant capabilities are no longer nice-to-have,” Akos said in the post. “Velocity creates value and enabling real-time payments is the difference between winning and losing customers.”
ONDO od 15. července vzrostlo o 27 % z $0.32 na intradenní maximum kolem $0.42. Růst podpořily institucionální tokenizační dohody a průraz z klesajícího kanálu.
Ondo price has climbed 27% from $0.32 on July 15 to an intraday high near $0.42 as institutional tokenization deals and a decisive chart breakout have strengthened bullish sentiment around the RWA-focused token.
Summary
ONDO price surged 27% from $0.32 as institutional tokenization deals and stronger network activity attracted buyers. A breakout from the descending channel has opened potential targets at $0.45 and $0.47. Liquidation clusters near $0.417 could fuel another short squeeze, while $0.39 remains the key support. According to data from crypto.news, Ondo (ONDO) price traded near $0.41 at press time, up about 2% on the day, with a market capitalization close to $2 billion. The token has outperformed Bitcoin and Ethereum over the past week as traders moved toward crypto projects tied to real-world financial infrastructure.
Recent interest followed Ondo Finance’s work with the Depository Trust & Clearing Corporation on a model for tokenizing securities held at the Depository Trust Company. Products linked to assets such as the SPDR S&P 500 ETF and Circle shares could use entitlements tied to securities held within existing custody systems, rather than stand-alone synthetic copies.
Ondo’s institutional case also includes a cross-border redemption completed with Mastercard, Kinexys by J.P. Morgan and Ripple. The transaction announced in May tested the redemption of tokenized U.S. Treasuries across two banking networks, giving investors another example of how regulated assets can move between blockchain and conventional payment systems.
Meanwhile, Ondo has expanded its tokenized-stock platform to more than 440 assets, while its website reports about $1.05 billion in value locked across those products. The company also introduced round-the-clock minting and redemption for tokenized stocks in June, reducing the dependence on U.S. market hours.
A separate agreement with Japan’s SBI Group added another source of demand for the RWA narrative. The companies plan to explore tokenized Japanese securities distributed through SBI’s network, with yen-based settlement through the JPYSC stablecoin.
Institutional deals have driven ONDO’s breakout Daily active addresses rose from 2,589 to around 3,300 on July 21 as the price approached $0.40, according to network data cited in the market analysis. The increase came alongside a sharp rise in trading volume, which helped ONDO break from a descending channel that had controlled price action since May.
Spot buying also pushed cumulative volume delta back above zero, while derivatives open interest rebounded from its recent low. Those moves show that fresh capital entered both markets during the advance, although the speed of the recovery also forced traders holding short positions to close contracts as ONDO crossed $0.39.
Investor sentiment has turned firmly positive after repeated failures below the same resistance. According to analyst Michaël van de Poppe, the token’s brief return to $0.34 created a successful retest before the latest push.
“I assume that, with this short retest at $0.34 and the fact that we’re having a test of this resistance so fast, it’s likely that we’ll continue to rally upwards.”
Van de Poppe placed $0.45 as the next likely objective and argued that strength in ONDO could also pull other RWA tokens higher. His view matches the latest spot structure, though the token must first absorb sellers between $0.41 and $0.42.
Macro conditions have also favored assets with clear institutional links. Bitcoin traded near $66,000, and Ethereum hovered around $1,930 as both assets registered limited daily gains, while investors assessed commodity volatility and the next round of central-bank decisions. ONDO’s 27% weekly advance has separated it from that subdued large-cap performance.
ONDO price must secure $0.42 before targeting $0.47 The daily chart shows ONDO breaking above the upper boundary of its multimonth descending channel after several failed attempts. Based on the height of the channel, the measured move places the main bullish target near $0.472, an area that also served as resistance during May.
Ondo price daily chart has broken out of a descending channel pattern on the daily chart — July 22 | Source: crypto.news Momentum supports the advance but leaves little room for a weak close. The daily relative strength index has reached 69.18, just below the conventional overbought threshold of 70, while its average remains at 53.89. The MACD line has risen to 0.0130 above the 0.0044 signal line, and the positive histogram has expanded to 0.0086.
On the 4-hour chart, ONDO has moved above the Murray Math ultimate resistance at $0.3906 and the $0.4028 overbought level. Price has now entered the band between $0.4028 and $0.4150, where traders may take profits after the rapid advance. The next extension sits at $0.4272 if buyers secure a 4-hour close above $0.415.
Ondo price 4-hour chart — July 22 | Source: crypto.news Cash flow remains supportive, with the 4-hour Chaikin Money Flow reading at 0.28. A positive value of that size confirms that buying volume has outweighed selling volume during the breakout, though a drop below $0.3906 would weaken the immediate setup. Lower supports sit at $0.3784 and $0.3662.
CoinGlass’ 24-hour liquidation heatmap places the largest nearby leverage pool around $0.416–$0.417, just above the current price. A push through that cluster could liquidate additional short positions and carry ONDO toward $0.42. Below the market, leveraged positions are concentrated near $0.393–$0.390, with another dense pocket around $0.389.
Ondo liquidation heatmap | Source: CoinGlass A daily close above $0.42 would open the route toward $0.45 and the channel target at $0.472. Rejection from the current resistance could send ONDO back toward $0.39, while loss of that level would expose $0.378 and delay the bullish continuation.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Binance Wallet spustila Trade and Win Season 4, dvoutýdenní on-chain soutěžní akci s Virtuals_io na Robinhood Chain a výherním fondem 60 000 USDG. Jde o první sezónu zaměřenou výhradně na jednu externí blockchainovou síť.
@BinanceWallet has kicked off Trade and Win Season 4, a two-week on-chain trading competition run in partnership with @Virtuals_io and built entirely around the AI agent ecosystem on the @RobinhoodChain.
What the Competition Involves The campaign runs from July 22 to August 5, 2026. Participants trade eligible tokens launched through the @Virtuals_io protocol, with all activity required to take place on-chain via the Binance Web3 interface. Rankings are determined by realized profit and loss (PnL), and the top performers share a prize pool of 60,000 $USDG.
This is the first season of the Trade and Win series to focus exclusively on a single external blockchain, marking a deliberate push by Binance into the Robinhood Chain ecosystem. The move comes weeks after @BinanceWallet added Robinhood Chain filters to its Meme Rush token discovery feature, adding support for Robinhood Chain projects including Virtuals Protocol on July 18 and 19, roughly two and a half weeks after Robinhood Chain's mainnet went live on July 1.
Why Robinhood Chain Is Attracting Attention Robinhood Chain is a layer-2 blockchain built on Arbitrum and designed for tokenized real-world assets and decentralized finance applications. Its public mainnet launch brought tokenized stock trading live in more than 120 countries and introduced Robinhood Earn, a decentralized lending product offering an estimated 7% yield on USDG, as Robinhood expands beyond its brokerage roots into crypto, tokenized assets, and AI-powered trading.
@Virtuals_io has moved quickly to establish itself on the new network. Between 2,100 and 2,400 individual AI agents went live on the chain within roughly two weeks of that integration, generating trading volume in the range of $77 million to $100 million. The $VIRTUAL token saw a roughly 20% price increase tied to the Robinhood Chain integration milestones.
For Binance, anchoring a high-profile trading competition to Robinhood Chain at this early stage serves a dual purpose: it draws its own user base onto a fast-growing network while giving @Virtuals_io tokens a concrete incentive layer. Whether trading volumes hold beyond the promotional window remains the key question for both ecosystems.
Sources:
Crypto Briefing: Virtuals Protocol agents now discoverable on Binance Wallet's Meme Rush after Robinhood Chain integration
CoinDesk: Robinhood rolls out public blockchain as it expands deeper into crypto
Robinhood Newsroom: Robinhood Chain Mainnet launch announcement
Key Takeaways Pegasystems' revenues rose 9.4%, while earnings increased 25% but missed estimates. Pega Cloud revenues jumped 28% and accounted for 51% of quarterly revenues.Pegasystems warned that delayed client decisions may pressure ACV growth and cash generation. Pegasystems (PEGA - Free Report) reported second-quarter 2026 non-GAAP earnings of 35 cents per share, missing the Zacks Consensus Estimate by 18.61%. Earnings rose 25% year over year.
Revenues rose 9.4% year over year to $420.72 million but missed the consensus mark by 1.84%. The shortfalls came despite continued cloud momentum. Pega Cloud annual contract value rose 22% year over year, while total annual contract value increased 7% or 8% in constant currency.
Backlog grew year over year, supporting longer-term revenue visibility. Total backlog increased 10% year over year to $2.02 billion as of June 30, 2026 or 11% in constant currency. Pega Cloud backlog rose 18% to $1.56 billion and accounted for 77% of total backlog, up from 72% a year earlier.
PEGA's Cloud Growth Supports Revenue ExpansionPega Cloud revenues climbed 28% year over year to $213.93 million and represented 51% of quarterly revenues, up from 43% a year earlier. Maintenance revenues declined 6% to $74.53 million.
Together, subscription services revenues advanced 17% to $288.46 million. Subscription license revenues rose 2% to $82.03 million, taking total subscription revenues up 13% to $370.49 million.
PEGA's Revenue Mix Shows Subscription StrengthConsulting revenues declined 13% year over year to $50.23 million and accounted for 12% of total revenues compared with 15% in the prior-year quarter. The decline partly offset gains across the subscription business.
Subscription revenues represented 88% of quarterly revenues, up from 85% a year earlier. The higher recurring-revenue mix supported the top-line increase, but higher operating costs and delayed client decisions limited the benefit to profitability.
Pegasystems Faces Slower ACV GrowthTotal annual contract value reached $1.62 billion at June 30, 2026, compared with $1.51 billion a year earlier. Pega Cloud ACV increased to $926.29 million from $761.05 million, highlighting the continued shift toward cloud contracts.
However, management said unprecedented changes in the AI market prompted clients to delay purchasing decisions. The company added that ACV growth slowed in the first half and warned that these factors may continue to pressure growth for the rest of the year.
PEGA's Operating DetailsGross profit rose 13.7% year over year to $312.69 million. The gross margin expanded about 280 basis points to 74.3%, driven by revenue growth and a slight decline in total cost of revenues.
Operating expenses increased 14.9% to $296.05 million. Selling and marketing expenses rose 12.4%, research and development expenses increased 6.8%, and general and administrative expenses jumped 37.6%.
GAAP operating income slipped 3.7% year over year to $16.64 million. The operating margin contracted roughly 50 basis points to 4% as expense growth outpaced revenues.
PEGA’s Balance Sheet & Cash FlowAs of June 30, 2026, cash and cash equivalents and marketable securities totaled $361.9 million, down from $474 million as of March 31, 2026.
For the first six months of 2026, cash provided by operating activities increased 2.7% year over year to $298.23 million. Free cash flow rose 0.6% to $288.26 million, even as the company cautioned that slower ACV growth could weigh on cash generation for the remainder of the year.
PEGA's Zacks Rank & Stocks to ConsiderCurrently, Pegasystems carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader Zacks Computer and Technology sector include Agilysys (AGYS - Free Report) , Bandwidth (BAND - Free Report) and Fortinet (FTNT - Free Report) , each currently sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Agilysys have declined 15.3% in the year-to-date period. AGYS is set to report its first-quarter fiscal 2027 results on July 27.
Shares of Bandwidth have surged 355.4% in the year-to-date period. BAND is slated to report its second-quarter 2026 results on July 29.
Fortinet shares have gained 99.1% in the year-to-date period. FTNT is set to report its second-quarter 2026 results on July 29.
CIO Bitwise Matt Hougan uvedl, že Hyperliquid a Robinhood mohou patřit mezi hlavní vítěze dalšího kryptoměnového cyklu díky rostoucímu propojení tradičních financí a blockchainu. Hyperliquid už v červnu překonal 1 miliardu USD kumulovaných výnosů a Robinhood Chain po spuštění přilákal přes 300 milionů USD vkladů a během dvou týdnů od spuštění zpracoval 3,6 milionu denních transakcí.
Bitwise Chief Investment Officer Matt Hougan said Hyperliquid and Robinhood could emerge as leading beneficiaries of the next crypto bull market as traditional financial markets increasingly adopt blockchain infrastructure.
In a Tuesday market memo, Hougan argued that the next crypto cycle will be driven by the convergence of traditional and onchain finance, including stablecoins, tokenized assets, round the clock trading, instant settlement, and institutional decentralized finance.
Hougan said the shift could produce a larger cycle than previous crypto rallies because it would be supported by financial activity and revenue rather than primarily speculative demand.
He identified two categories that could benefit from the transition. The first includes crypto native financial applications that generate substantial revenue and connect token value to platform usage. The second consists of established financial companies deploying products directly on blockchain networks.
Hougan placed Hyperliquid in the first category. The Layer 1 network initially gained traction through its decentralized perpetual futures exchange but has expanded into markets linked to traditional assets such as commodities and equity indexes.
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According to Hougan, Hyperliquid surpassed $1 billion in cumulative revenue in June and is on track to generate about $800 million this year. He said the protocol directs 99% of its revenue toward purchasing HYPE tokens on the open market.
Hougan argued that the model addresses a recurring issue across crypto markets, where applications generate trading volume and fees without creating corresponding demand for their native tokens. He also pointed to Uniswap, Aave, and Morpho as protocols moving toward stronger connections between platform activity and token value.
Robinhood represents the second category by approaching the transition from the traditional finance side.
The brokerage launched the public mainnet of Robinhood Chain on July 1. The Layer 2 network was built using Arbitrum technology and is designed to support financial services and tokenized real world assets.
Robinhood also introduced stock tokens through its self custody wallet in more than 120 countries, subject to local restrictions. Eligible users can trade the products around the clock and interact with decentralized applications including Uniswap and Lighter.
The products are tokenized debt securities that provide economic exposure to underlying stocks but do not give holders legal or beneficial ownership rights in the shares. They are not available to users in the United States.
Hougan said Robinhood Chain attracted more than $300 million in deposits and processed 3.6 million daily transactions within two weeks of its launch. He argued that its early activity could pressure competing financial institutions to move beyond limited blockchain pilots and launch products at a similar scale.
Beyond Hyperliquid and Robinhood, Hougan identified Coinbase, Figure, BlackRock, Visa, Stripe, and JPMorgan as companies with meaningful exposure to the transition toward blockchain based financial infrastructure.
Bitcoin has risen 9% since July 1 while the Nasdaq 100 has fallen 6%, according to Hougan. He said improving exchange traded fund flows and market sentiment may indicate that crypto is forming a bottom, though he cautioned that it remains too early to confirm a broader recovery.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Movement se připojil k programu Mesh Alliance, který má zjednodušit převody kryptoměn a propojit aplikace s účty, kde už uživatelé drží prostředky. Motion Wallet už jako první nasazuje integraci Mesh.
Movement has joined the Mesh Alliance Program (MAP), Mesh's industry-wide interoperability initiative designed to simplify the growing complexity of crypto payments. Movement joins more than 50 partners that connect through Mesh's shared infrastructure, giving every app built on Movement a direct path to the hundreds of accounts where users already hold funds.
Accessing onchain liquidityFor Movement, Mesh closes the gap that stops most users before they start: getting money onto the network. Any app built on Movement can embed Mesh, let a user connect an account they already hold, and pull that balance onchain in a couple of taps. No withdrawal form. No wallet address to copy. No network to pick.
Movement adds one thing on top. A user holding MOVE, or any other token, on an exchange can deposit and receive a stablecoin on Movement instead. The asset the user holds and the asset the app needs do not have to match. The conversion happens inside the deposit.
Motion Wallet ships with Mesh firstMotion Wallet is Movement's self-custodial wallet. Keys stay on the user's device. It ships with the Mesh integration first. A user opens Motion Wallet, connects an exchange account through Mesh, and funds the wallet in a few taps. The same pattern is open to every partner building on Movement.
Remittance corridor realityRemittances to low and middle-income countries reached $685 billion in 2024. Those transfers settle in 278ms on Movement. But settlement speed only matters once the money is on the network, and that first step is where most products lose their users.
Most people in the markets Movement's partners serve already hold a balance on an exchange. They have the money. What they lack is a way to move it into an app without a withdrawal process that loses them halfway through. The markets Mesh is expanding into next, across Latin America, Asia, and Europe, are the same corridors Movement's partners are building for.
Movement CEO, Torab Torabi explains, "Until now, if you wanted to move money in crypto, you had to do all the heavy lifting yourself. Set up a wallet, keep balances on a couple of exchanges, bridge between networks, then paste in a 40-character address and hope the money actually showed up. Nobody liked doing that. We put up with it because there wasn't a better option. This is the pain point that Mesh alleviates. Your money moves from wherever it is to where you needs to be. The bridging happens underneath, where you as the user never have to deal with it. If we want the next billion people moving funds onchain, it has to be that simple."
Full CEX deposit support on Movement targets Q3 2026. Once network support is live across exchanges, the integration takes one to three weeks. The alliance is open to every partner building on Movement.
Move is for Money.
*This post is informational only and does not constitute an offer or solicitation of any digital asset, security, financial instrument, investment product, or stablecoin, or financial, investment, legal, or tax advice. Mesh's products and services are operated solely by Mesh, subject to Mesh's terms and applicable law. Products built on Movement Network by independent partners are operated by those partners subject to their own terms, eligibility criteria, and jurisdictional availability, and may not be available to US persons or in jurisdictions where prohibited. Product descriptions reflect publicly available information and have not been independently verified. Forward-looking statements reflect current expectations and are not guarantees.
Nexstar spustí od poloviny srpna večerní primetime zpravodajství v Dallasu a Phoenixu, a to sedm dní v týdnu na stanicích KDAF-TV a KAZT-TV. Nové relace poběží ve 21:00 místního času.
KDAF-TV and KAZT-TV to Add News Seven-Days-a-Week Beginning in Mid-August
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NXST: NASDAQ), today announced that it will launch primetime newscasts Monday through Sunday in Dallas and Phoenix in mid-August, bringing local news content to millions of new viewers in two of the nation’s top-12 markets.
In Dallas, where Nexstar owns KDAF-TV (CW33), the new newscasts will air at 9 p.m. local time, following programming on The CW Network. In Phoenix, where Nexstar provides services to KAZT-TV (CW7 Arizona) under a Time Brokerage Agreement, the new newscasts also will air at 9 p.m. local time after CW programming.
“We’re excited to launch daily primetime newscasts in two of the country’s top-12 markets and provide viewers with a new outlet for news and information that didn’t exist previously,” said Andrew Alford, President of Nexstar’s broadcasting division. “Nexstar is committed to serving our communities with high-quality, fact-based local journalism, which is particularly important now, as the mid-term elections approach and voters look for reliable, credible information about the issues and the candidates running for office.”
About Nexstar Media Group, Inc.
Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms. For more information, please visit nexstar.tv.
J.B. Hunt Transport Services oznámila pravidelnou čtvrtletní dividendu 0,45 USD na akcii. Vyplacena bude 21. srpna 2026 akcionářům k rozhodnému dni 7. srpna 2026.
LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced today that its Board of Directors has declared a regular quarterly dividend on its common stock of $ 0.45 (forty five cents) per common share. The dividend is payable to stockholders of record on August 7, 2026 and will be paid on August 21, 2026.
About J.B. Hunt
J.B. Hunt’s vision is to create the most efficient transportation network in North America. The company’s industry-leading solutions and mode-neutral approach generate value for customers by eliminating waste, reducing costs and enhancing supply chain visibility. Powered by one of the largest company-owned fleets in the country and third-party capacity through its J.B. Hunt 360°® digital freight marketplace, J.B. Hunt can meet the unique shipping needs of any business, from first mile to final delivery, and every shipment in-between. Through disciplined investments in its people, technology and capacity, J.B. Hunt is delivering exceptional value and service that enable long-term growth for the company and its stakeholders.
J.B. Hunt Transport Services Inc. is an S&P 500 company and a component of the Dow Jones Transportation Average. Its stock trades on NASDAQ under the ticker symbol JBHT. J.B. Hunt Transport Inc. is a wholly owned subsidiary of JBHT. The company’s services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, last mile, transload and more. For more information, visit www.jbhunt.com.
CryptoQuant varuje, že růst Bitcoinu z 64 000 USD na 66 000 USD za dva dny táhla hlavně páka, ne spotové nákupy. Open interest futures vystřelil na nové maximum 23 miliard USD, zatímco spotový objem zůstává slabý.
Bitcoin’s price surged from $64,000 to $66,000 over two days, propelled by a spike in leveraged trading rather than a renewed wave of spot buying, according to on-chain data platform CryptoQuant. Analyst Sunny Mom indicated that this recent climb appears fragile, citing a lack of significant spot volume behind the move.
Leverage-backed surge raises concernsOpen interest in Bitcoin futures jumped from $21.2 billion to $23 billion as prices rose, marking a new all-time high. This increase in open interest suggests that traders added new leveraged positions instead of simply closing shorts.
At the same time, spot volume has remained subdued since April, failing to signal genuine buying activity in the spot market. Despite the apparent momentum, Bitcoin’s actual support from direct purchases of the asset remains weak.
As of the latest data, Bitcoin trades at $65,725.07, reflecting a 0.95% dip over the last 24 hours but a 1.89% gain for the week, according to CoinGecko.
Funding rates briefly turned negative on July 18 and July 19, fueling a short squeeze that helped power the rebound toward $66,000. Open interest continued to climb throughout the rally, reinforcing the idea that additional leverage, rather than short covering alone, was at play.
Funding has not reached overheated levels, but the rally lacks robust support. Spot volume needs to strengthen before bulls can feel confident in further upside, suggested the analysis by Sunny Mom.
CryptoQuant’s data shows futures volume in a neutral zone, with no major spike accompanying the rally. This further indicates that the current market conditions are not at an extreme, but a convincing breakout remains elusive without spot activity picking up.
Spot demand remains mutedTrading activity in the spot market has yet to reflect the excitement seen in derivatives. Since April, spot volume has been in a cooling phase, signaling that volatility is largely being driven by traders in the futures market and not by widespread buying on exchanges.
Stablecoin netflows on exchanges turned negative during the rally. While the overall stablecoin market cap has only slowed, capital is moving away from exchanges to the sidelines instead of exiting crypto entirely.
United States spot bitcoin ETFs recorded their second straight week of inflows, with $271 million added on July 20. BlackRock’s IBIT saw the largest single-day inflow, attracting $116.5 million. These figures suggest institutional interest is returning, albeit at a gradual pace. Regardless, these flows have not been strong enough to change the spot market’s subdued state.
DateBitcoin PriceOpen InterestSpot Volume TrendNotable ETF InflowJuly 17$64,000$21.2BCooling–July 20$66,000$23BCoolingIBIT $116.5MMini dictionary: CryptoQuant is a blockchain analytics platform that provides on-chain data and insights for cryptocurrency traders and investors, helping them track important market signals such as open interest, volume, and investor behavior across exchanges.
Traders eye FOMC reversal as Fed meeting nearsTrader Astronomer initiated a countertrend short position after Bitcoin surpassed $66,000, pointing to a recurring price pattern ahead of Federal Reserve policy meetings. This so-called “FOMC reversal” refers to a trend where Bitcoin’s price tends to change direction a few days prior to an official Fed announcement.
Past cycles have shown this pattern to be highly reliable, with the next Fed meeting scheduled for July 29. The trader includes it as one factor among several within a larger trading strategy.
Market participants frequently reduce risk before major Federal Reserve statements, anticipating price swings. This behavior has historically aligned with early reversals, rather than reactions immediately following the announcement.
The recent rally, therefore, combines a leveraged short squeeze, steadily rising open interest, and modest ETF inflows while spot demand remains weak. Analysts at CryptoQuant caution that, while the market does not appear overheated, the price could swiftly correct if leveraged positions unwind in the coming days.
With the Federal Reserve meeting set for July 29, traders are expected to monitor spot volume for signs of genuine buying interest and to gauge if the recent upward move can sustain its momentum beyond leveraged speculation.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Spotové ETF na Bitcoin přilákaly od 14. července čistý příliv 930,39 milionu USD. Přesto analytici varují, že bez nové likvidity a průrazu nad 66 tis. až 72 tis. USD zůstává obrat trendu nejistý.
Bitcoin [BTC] spot ETF net flows have measured a cumulative $930.39 million since July 14. Data from SoSoValue showed that the BTC spot ETFs have seen net inflows since the 14th of the month.
It was the first time since May that the inflows streak was maintained for over five successive days.
Pessimism reigns supreme despite ETF flow shift Technical indicators flashed a long-term buy signal for Bitcoin. Yet, liquidity posed a serious challenge to any attempt at recovery, AMBCrypto reported.
A price breakout without fresh liquidity in the form of stablecoin netflows was not indicative of a macro bottom for BTC.
Source: CryptoQuant Crypto analyst Darkfost observed that the Coinbase Premium Gap has been negative since the 6th of May. This represented the highest level of pessimism in two years.
Coinbase premium refers to the difference in Bitcoin prices between Coinbase Advanced, where institutions and professionals trade, and Binance, which is retail-dominated.
A negative trend implies steady selling pressure from smart money, despite the attempted rallies toward $70k over the past month.
The analyst concluded that investors would choose to limit risk when macroeconomic or geopolitical factors were unstable, as they have been in recent months.
Leverage is gradually leaving the Bitcoin market The price of Bitcoin has gradually been rising since July 1, when the price reached a swing low of $57,800. The gains since then have been accompanied by a decline in realized volatility.
Source: Axel Adler Jr. Crypto analyst Axel Adler Jr. used the 1-week realized volatility, smoothed by the 30DMA, compared to Bitcoin’s price and its 200DMA.
Since 2016, 92% of trading days have seen higher realized volatility than the current levels.
The falling realized volatility alongside rising prices meant that the most recent price bounce came without any sharp price swings.
Source: Axel Adler Jr. The Open Interest to market capitalization ratio measures if the derivatives share is rising or falling compared to price trends. It shifted negatively in early July and has been negative for 21 consecutive days.
The decline suggests derivatives leverage has continued falling even as Bitcoin recovered, reducing the immediate risk of a large liquidation-driven move. Compared to a month ago, the threat of a liquidation cascade was lower due to these factors.
The analyst concluded that the market is in a low-activity phase. A sustained price move beyond $66k-$72k, alongside further derivatives reduction, is needed to give a major signal of market recovery.
Final Summary Bitcoin ETF inflows were improving, and its realized volatility was falling. The derivatives leverage was in decline as prices advanced higher, but a breach of $66k-$72k is needed to majorly reduce the threat of further bearishness in the long-term.
SoundHound rozšiřuje restaurační automatizaci prostřednictvím OASYS a tvrdí, že AI drive-thru u velkého zákazníka z oblasti QSR přinesly vyšší tržby než srovnatelné provozovny. Ve 1. čtvrtletí 2026 tržby meziročně vzrostly o 52 % a hotovost činila zhruba 216 milionů USD bez dluhu.
Key Takeaways SoundHound is expanding restaurant automation with OASYS across drive-thrus, kiosks, phones and chat.AI-enabled drive-thru locations generated higher revenues for a major QSR customer than comparable stores.First-quarter 2026 revenues rose 52%, while cash reached about $216 million with no debt. SoundHound AI (SOUN - Free Report) is strengthening its position as a leading provider of AI-powered restaurant automation, making 2026 an important year for the company. While SoundHound is still expanding beyond its automotive roots, its growing traction in restaurants, combined with new agentic AI capabilities, could make it one of the industry's key disruptors.
A major catalyst is SoundHound's newly launched OASYS platform, a self-learning agentic AI system that allows businesses to build, deploy and continuously improve AI agents across drive-thrus, kiosks, phones, web, chat and other customer touchpoints. This unified platform significantly reduces deployment time while enabling restaurants to automate ordering, customer service and workflow management with minimal manual intervention.
The company's restaurant momentum is also becoming increasingly tangible. Management noted that a major quick-service restaurant (QSR) customer found AI-enabled drive-thru locations generated higher revenues than comparable stores without SoundHound's technology. The company also reported rising cross-selling opportunities among restaurant customers and growing adoption of its Voice Insights analytics platform, suggesting that customers are expanding beyond initial deployments.
Another potential growth driver is the planned acquisition of LivePerson. Once completed, the transaction will combine SoundHound's voice AI with LivePerson's digital messaging capabilities, enabling restaurants to offer seamless customer interactions across voice, text and chat. The acquisition is also expected to expand cross-selling opportunities while broadening the company's enterprise customer base.
Financially, SoundHound appears well positioned to support these initiatives. First-quarter 2026 revenues rose 52% year over year to a record level, the company ended the quarter with approximately $216 million in cash and no debt, and management reaffirmed its full-year revenue outlook of $225-$260 million.
Although continued losses and execution risks around integrating LivePerson remain challenges, SoundHound's expanding restaurant footprint, differentiated voice AI technology and growing enterprise ecosystem position it well to become a meaningful force in restaurant automation during 2026.
Restaurant AI Competition Is IntensifyingNCR Voyix (VYX - Free Report) is one of SoundHound's strongest competitors in restaurant automation due to its extensive restaurant software ecosystem spanning point-of-sale, payment processing, self-service kiosks and digital ordering. NCR Voyix has deep relationships with leading restaurant chains and continues to enhance its AI-driven ordering and operational capabilities.
While NCR Voyix primarily focuses on restaurant commerce infrastructure, it is still expanding its conversational AI capabilities. This creates an opportunity for the company to compete directly with SoundHound as restaurants increasingly seek integrated voice-enabled ordering and customer engagement solutions.
Par Technology (PAR - Free Report) is another major rival, offering cloud-based restaurant management software, digital ordering, loyalty programs, back-office solutions and restaurant analytics. Through acquisitions and continued product development, Par Technology has built a comprehensive platform serving thousands of restaurant locations.
As restaurants increasingly adopt AI to improve order accuracy, labor productivity and customer experience, Par Technology is embedding more automation across its software suite. While Par Technology offers a broad restaurant operating platform, SoundHound differentiates itself with its proprietary voice AI, agentic AI platform and drive-thru automation capabilities, positioning the company to capture a larger share of AI-first restaurant deployments.
SOUN’s Price Performance, Valuation & EstimatesSoundHound shares have lost 34.2% year to date (YTD), underperforming the industry, as shown below:
SOUN’s YTD Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, SOUN trades at a forward price-to-sales (P/S) multiple of 11.18, slightly above the industry’s average.
SOUN’s P/S Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
Over the past 60 days, the Zacks Consensus Estimate for SoundHound’s 2026 loss per share has remained unchanged at 18 cents, as shown below. The expected loss also remains wider than the previous year’s loss of 13 cents.
Financial markets run on speed, often pricing in geopolitical shifts fractions of a second before standard retail feeds register a headline. For high-frequency trading firms and quantitative hedge funds, paying a steep premium for a latency advantage can be a required cost of doing business.
Trump Media & Technology Group Today
DJT
Trump Media & Technology Group
$9.14 -0.69 (-6.98%)
As of 03:39 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$6.96▼
$20.17 Trump Media & Technology Group NASDAQ: DJT plans to launch Truth API—a licensed data feed that will automatically deliver verified Truth Social posts to institutional customers in milliseconds—on Aug. 1, 2026.
The prevailing narrative surrounding Trump Media historically centers on its consumer-facing social network and the associated retail user base.
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The fundamental reality of operating an advertising-supported consumer platform has proven exceptionally challenging in the current macroeconomic environment.
Building an infrastructure to support millions of free users requires immense capital, often leading to severe margin compression before a platform ever achieves true scale.
Trading Pennies in Ad Spend for Six-Figure ContractsEvaluating Trump Media through a traditional fundamental lens requires addressing the immediate financial metrics.
Trump Media generated $3.68 million in total revenue during 2025, with first-quarter 2026 revenue coming in just over $870,000. The trailing 12-month net margin is deeply negative at 29,103%, which is difficult to interpret, given the company’s unusually small revenue base and the fact that its 2025 loss included substantial investment-related losses. Valuing an enterprise with a $2.6 billion market capitalization against those distinct sales figures yields a price-to-sales ratio that defies standard value investing principles.
The Truth API marks a structural pivot aimed at rectifying those exact metrics. Instead of chasing fractions of a cent in retail ad spend, Trump Media is adding an enterprise software-as-a-service model. The machine-readable feed will give institutional clients machine-readable access to posts from 10 influential Truth Social accounts within milliseconds of publication. The service will reportedly cost up to $100,000 per month, or $60,000 per month with a three-year commitment.
The unit economics here could materially alter the fundamental outlook for Trump Media. Securing just four enterprise clients at the premium tier would yield $4.8 million annually, instantly outpacing the entire gross revenue Trump Media generated in 2025. This could redefine the path to profitability, shifting the focus away from mass-audience acquisition toward specialized B2B data licensing.
High Beta Meets High-Margin Revenue GrowthPricing market-moving information requires historical context. A Truth Social post regarding international tariffs in April 2025 triggered a 9.5% single-day rally in the broader index, while statements on U.S.-Iran relations in March 2026 caused immediate price dislocations in the crude oil market. Algorithms executing trades milliseconds ahead of standard public feeds form the core value proposition for prospective Truth API buyers.
Trump Media & Technology Group Corp. (DJT) Price Chart for Wednesday, July, 22, 2026
Trump Media currently trades around $9.40. Trading dynamics reveal a high beta of 4.10, indicating DJT moves with over four times the volatility of the broader market.
This metric pairs with a heavily bearish short-interest profile. When fundamental shifts occur in highly shorted equities, the mechanics for a sharp upside price dislocation become a distinct possibility. If the upcoming API launch produces material revenue news, it could force short sellers to cover their positions and the resulting buy-side pressure could be aggressive.
Trump Media also authorized a $400 million share repurchase program in June 2025, permitting the buyback of up to 10.2% of outstanding shares at the time. This authorization acts as a potential floor against further margin compression, providing potential capital support just as the new revenue model comes online.
Current top-tier institutional positioning remains negligible at around 4.3%, with funds like Handelsbanken Fonder AB holding just 0.02% of shares. Demonstrating repeatable enterprise software revenue is often the primary vehicle for attracting broader institutional capital, which could help stabilize a volatile shareholder base over the long term.
Mitigating Digital Risks With Hard Asset InvestmentsEvaluating a specialized data provider requires a critical look at the underlying asset. The inherent vulnerability for Trump Media is key-person concentration risk. The API's demand elasticity relies on one specific account continuing to bypass standard press channels in favor of exclusive social media disclosures. If regulatory interventions or ethics litigation compel simultaneous public disclosure of presidential policies, the latency edge could narrow or disappear.
Trump Media appears to recognize these structural vulnerabilities and is actively deploying capital to offset them. Recent corporate announcements confirm the settlement of critical legacy legal disputes, reducing legal uncertainty.
More critically, emerging reports indicate an aggressive capital deployment strategy outside the digital media sector, specifically eyeing nuclear energy investments. Trump Media has agreed to an all-stock merger with fusion developer TAE Technologies. The transaction remains pending, but if completed, it would move the company well beyond digital media. It would, however, add significant execution, financing, and commercialization risk.
Diversifying into hard assets while operating a high-margin data licensing business creates a much more resilient financial profile than operating a standalone social media application.
Trump Media also recently transferred 2,650 Bitcoin, valued at nearly $205 million, to Crypto.com, reflecting a high-risk tolerance in treasury management that strays far from traditional cash equivalents.
Watching for Material Revenue ConfirmationAdding an institutional data feed to a consumer network is a complex endeavor.
Demand for a six-figure social media feed remains unproven, especially when comprehensive institutional data terminals from established financial data providers cost a fraction of the quoted price for the Truth API. Quantitative funds will rigorously test the feed's latency against traditional scraping methods before committing to long-term enterprise contracts.
The optionality embedded in the Trump Media data extends well beyond immediate trading latency. Trump Media indicated an intent to explore licensing the platform's historical text archives to artificial intelligence (AI) developers. Training large language models requires vast amounts of proprietary conversational data, creating an additional scalable revenue stream not tied solely to daily market volatility.
If Trump Media packages its archives for AI model training, the total addressable market expands well beyond the specialized high-frequency trading niche.
Investors might consider watching for evidence that the Truth API can produce material, repeatable revenue in upcoming quarterly filings. Disclosed contract values, enterprise customer acquisition rates, and any materialized AI licensing agreements offer the clearest evidence that Trump Media is building a scalable business.
Cautious market participants may prefer to wait for official revenue confirmation from the API launch before allocating capital, while those with a higher risk tolerance may want to closely monitor the mechanics of underlying volatility as the August rollout approaches.
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Trh sleduje CLARITY Act a podle kryptoměnových lídrů má šanci projít i přes spory o etické podmínky. Ripple mezitím posiluje institucionální pozici, RLUSD už přesáhl 1 miliardu.
The US cryptocurrency industry is closely monitoring the progress of the CLARITY Act, as lawmakers face an increasingly tight deadline to enact the legislation. Digital Asset Investor, a widely followed crypto analyst, expressed growing confidence that the bill will advance despite ongoing disputes between Senate Democrats and the White House over ethics provisions.
Political negotiation and Trump’s possible roleDigital Asset Investor suggested that former President Donald Trump is likely to concede to Senate Democrats’ ethics demands, allowing them all to be formally documented before agreeing to proceed. According to his assessment, stipulations restricting Trump’s personal trading activities in digital assets would not extend to his immediate family or trusts outside his direct control.
He noted, “Just because Trump can’t trade in crypto doesn’t mean his family member” will face equivalent restrictions, implying that the scope of these ethics requirements remains limited in their reach.
He argued that the ethics delays are not insurmountable, referencing Nancy Pelosi’s past trading performance as evidence that ethics debates often center on politics rather than substantive reform. In his view, the bill’s passage is a matter of national security and likely to be settled, regardless of the opposition’s persistence.
The ongoing stalemate has fueled uncertainty in the crypto sector, given the two-week window left for lawmakers to take action on the bill.
XRP’s position and Ripple’s infrastructureBeyond legislative developments, Digital Asset Investor commented on Ripple’s growing prominence in the stablecoin and payment infrastructure space. He referenced recent remarks from the CEO of Wormhole—a cross-chain messaging protocol and Ripple partner—highlighting that RLUSD stablecoin issuance has surpassed $1 billion. Wormhole’s CEO also pointed to Ripple’s strong financial reserves as a strategic advantage in competing with current stablecoin leaders.
A senior Ripple executive further outlined the technical strengths of the XRP Ledger, describing it as purpose-built for large-scale payments and institutional applications. The platform integrates features for escrow, a decentralized exchange, and compliance tools directly into its core, enabling these functions without requiring external smart contracts.
Mini dictionary: Wormhole, a cross-chain protocol, facilitates interoperability by enabling the transfer of data and assets between otherwise separate blockchains.
DTCC collaboration and Ripple’s institutional reachThe discussion also touched on the Depository Trust & Clearing Corporation (DTCC), a key US financial market infrastructure provider processing more than $4 quadrillion in settlements annually. DTCC’s digital assets division stated that no single blockchain currently meets the capacity to process its settlement volume. Instead, DTCC is collaborating with multiple platforms, including Canton and Stellar, with Ripple listed as a partner.
Digital Asset Investor highlighted that Ripple’s broad network of institutional relationships, such as access to central banks and the International Monetary Fund, has positioned the company as an informal incumbent within the growing digital asset ecosystem.
NetworkSettlement CollaborationRippleYes (partnered with DTCC)StellarYes (DTCC collaboration)CantonYes (DTCC collaboration)Ripple, headquartered in San Francisco, provides enterprise blockchain solutions for global payments, and plays a significant role in developing the XRP Ledger for real-time settlement and cross-border transactions.
He concluded that Ripple’s involvement with market infrastructure players is not coincidental, describing the company as “almost like a disguised incumbent” given its extensive high-profile partnerships.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Američtí institucionální investoři přesouvají kapitál do spotových XRP ETF: denní čisté přílivy dosáhly 5,66 milionu USD, zatímco fondy Hyperliquid ztratily 698 040 USD. Děje se to před postupem zákona CLARITY v Senátu USA.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
American institutional investors have begun reallocating capital into spot XRP ETFs while actively taking profits in the DeFi segment. According to SoSoValue, daily net inflows into XRP funds reached $5.66 million, while Hyperliquid (HYPE) funds lost $698,040.
Wall Street's shift in priorities comes amid rapid progress in the U.S. Senate on the historic CLARITY Act. The bill, passed by the House of Representatives in July 2025, transfers oversight of digital commodities to the CFTC while leaving the SEC in control only of tokens classified as securities.
Why XRP is gaining traction ahead of the CLARITY ActOptimism surged after Treasury Secretary Scott Bessent said the bill was on the "1-yard line" before approval. Senate Majority Leader John Thune and White House officials also confirmed progress in negotiations, easing disagreements over ethics provisions.
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A special Senate briefing will take place behind closed doors in the near future, with the goal of accelerating an official vote before lawmakers leave for recess. Despite opposition from Democrats, prediction markets now estimate the bill's chances of success at 50%–70%.
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For investors, buying XRP ETFs is a beta bet on the American company Ripple, which develops payment solutions based on the XRP Ledger blockchain. Full legal clarity under the CLARITY Act would give the company's infrastructure more room to expand, including the scaling of its new RLUSD stablecoin.
In the long term, this ripple effect could sharply increase transaction activity across XRPL and trigger mass adoption of XRP by large businesses. Major capital is clearly moving into regulated assets ahead of the curve, restructuring portfolios around the future rules of the market.
Wall Street prefers policyYesterday's crypto ETF data clearly illustrates this trend. While Bitcoin continues to attract most of the capital, recording its sixth consecutive day of growth, and Ethereum steadily holds its position, a clear divide has emerged in the altcoin market.
XRP is attracting funds at roughly the same pace as Solana. However, while capital in Solana remains at high levels because of the network's strong performance in the real-world asset tokenization sector, the DeFi-focused Hyperliquid segment is losing ground.
Investors are actively withdrawing money from BlackRock's iShares HYPE fund. Capital flows into Bitwise's fund have completely stalled, while Grayscale recorded only a symbolic daily transaction.
Total US Spot XRP ETF net inflow over the last 30 days, Source: SoSoValueThis outflow continued a negative trend for Hyperliquid, whose ETFs already suffered substantial losses last week. The rest of the market is currently at a standstill: investors showed only minimal interest in Litecoin and Dogecoin, while capital flows into BNB, LINK, HBAR, AVAX, and DOT funds stopped completely.
An official date for the Senate vote has not yet been set, but fund data confirms that major U.S. buyers no longer want to play regulatory roulette and are already choosing assets tied to American jurisdiction.
RedotPay spustila platební kartu krytou XRP přes síť Visa a pro vypořádání integruje stablecoin RLUSD od Ripple. Uživatelé mohou proti XRP získat úvěrovou linku při 50% LTV bez nutnosti tokeny prodávat.
RedotPay has introduced a new payment card that allows users to spend XRP-backed credit globally across the Visa network, integrating Ripple’s RLUSD stablecoin as a settlement layer. This move aims to enhance the real-world utility of the XRP Ledger (XRPL) and provide digital asset holders with expanded spending options.
How the XRP-backed card worksThe card enables users to pledge their XRP holdings as collateral, unlocking a credit line at a 50% loan-to-value (LTV) ratio. Instead of selling their crypto, users can access liquidity while continuing to benefit from any future growth in XRP’s value. The loan is settled in RLUSD, Ripple’s stablecoin, directly on the XRPL, and the funds become immediately available for use at any merchant worldwide that accepts Visa cards.
For those looking to retain exposure to XRP, this approach removes the need to liquidate tokens for day-to-day spending, offering flexibility for both long-term holders and regular users.
RLUSD operates as the bridge between blockchain and traditional payment networks. By leveraging XRPL’s speed and low cost, RLUSD allows rapid, efficient settlement for each transaction made using the card.
Mini dictionary: RLUSD is Ripple’s stablecoin issued on the XRP Ledger, designed for low-cost, fast settlement within blockchain-based financial networks.
FeatureRedotPay XRP CardTraditional Credit CardCollateralXRP pledged at 50% LTVNo crypto collateralSettlement CurrencyRLUSD (stablecoin) on XRPLNational fiat (USD, EUR, etc.)NetworkVisaVisaGlobal AcceptanceYesYesGrowing demand for stablecoin paymentsRedotPay, a fintech platform serving over 8 million users in more than 100 countries with $12 billion in annual payment volume, reported a surge in stablecoin-powered card transactions this year. The company stated that transaction volume has increased 80% since January and 250% compared with the previous year. This data highlights the gathering pace of stablecoin adoption for real-world payments.
Odelia Torteman, Head of Digital Assets at XRPL Commons, and Taylor Bossung, RedotPay’s Head of Corporate Affairs, discussed how the new XRP Card offers an opportunity for users to unlock spending power through crypto-backed collateral. They also noted the broader financial shift as on-chain lending and blockchain-powered remittances gain momentum in global markets.
Odelia Torteman and Taylor Bossung emphasized that the XRP Card enables holders to maintain their cryptocurrency positions while tapping into everyday spending, reflecting a significant step forward in linking digital assets to real-world payments.
Expanding the XRP ecosystemRedotPay continues to grow its footprint within the XRP ecosystem. In May, the company delivered expanded XRP payment features to millions of users. The platform previously worked with Ripple to boost XRP-powered remittances throughout Africa, aiming to accelerate crypto-to-fiat transfers and make cross-border payments more efficient.
The recent initiatives signal a broader shift for the XRP Ledger, positioning it as more than just a tool for international transfers. Through advances in stablecoin settlements, tokenized lending, and integration with major card networks, XRPL is becoming foundational infrastructure for both digital and everyday commerce—including the emerging field of AI-driven payments where autonomous agents handle transactions.
By combining RLUSD, XRP-collateralized credit, and Visa’s global reach, RedotPay is building a comprehensive bridge between blockchain and traditional finance, driving innovation in payment systems.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Americké spotové Ethereum ETF zaznamenaly třetí den v řadě čisté přílivy ve výši 37,47 milionu USD. BlackRock ETHA přilákal 52,79 milionu USD, zatímco Fidelity FETH zaznamenal odliv 15,32 milionu USD.
US spot Ethereum ETFs have recorded a third consecutive day of net inflows, giving ETH traders another sign that institutional demand is improving after a choppy stretch for the products.
Farside Investors data shows the Ethereum ETF group brought in $37.47 million in net inflows on July 21. BlackRock’s ETHA led the day with $52.79 million in net inflows, while Fidelity’s FETH posted $15.32 million in net outflows.
That split matters. The headline number was positive, but the flow picture was not evenly distributed across issuers. BlackRock continued to attract capital, while Fidelity saw money leave the product.
For Ethereum, the short-term message is still constructive. A third straight day of net inflows suggests demand is not isolated to a single session. But it is also too early to call it a durable trend.
TL;DR US spot Ethereum ETFs recorded $37.47 million in net inflows on July 21. BlackRock’s ETHA led with $52.79 million in inflows. Fidelity’s FETH saw $15.32 million in outflows, showing the demand is still uneven across issuers. Ethereum ETF Demand Is Improving, But Unevenly Ethereum ETFs have had a more complicated start than Bitcoin ETFs.
Bitcoin’s spot ETF launch quickly became one of the market’s dominant demand stories. Ethereum’s products have had to fight harder for attention, partly because ETH sits in a different part of the market structure. It is not only a monetary asset or store-of-value trade. It is also tied to staking, DeFi, stablecoins, Layer 2 networks, and smart contract activity.
That makes the ETF story more nuanced.
Investors are not just asking whether ETH is “digital gold.” They are asking whether Ethereum remains the core settlement layer for crypto finance and whether an ETF is the cleanest way to express that view.
A third day of inflows helps answer part of that question. It shows that investors are still allocating through the ETF wrapper, even after periods of weaker demand.
But the issuer split is important. BlackRock pulling in more than $50 million while Fidelity saw outflows suggests capital is concentrating around the largest and most liquid products. That is common in ETF markets. Larger issuers often attract the deepest flows because institutions prefer liquidity, brand familiarity, and tight trading conditions.
For smaller or less dominant products, that can make the competitive environment harder.
Why BlackRock’s ETHA Matters BlackRock’s ETHA remains one of the key products to watch because BlackRock has already shaped the Bitcoin ETF market.
When BlackRock’s Bitcoin ETF began attracting large flows, traders treated that as a major sign of institutional demand. The same logic applies to Ethereum, although the scale is different.
If ETHA continues to lead inflows, the market may start viewing BlackRock’s Ethereum product as the main institutional gateway into ETH exposure.
That would not automatically mean ETH price strength. ETF inflows are only one part of the market. Spot demand, derivatives positioning, staking dynamics, macro liquidity, and broader risk appetite all matter.
Still, ETF flows are visible, trackable, and easy for traders to use as a sentiment gauge.
That is why a positive three-day streak gets attention.
Fidelity Outflows Keep The Picture Balanced The Fidelity outflow is the part of the data that prevents the story from becoming too bullish.
A healthy ETF market can still have mixed flows across issuers. Money can move from one product to another, or investors can reduce exposure in one fund while adding elsewhere. But outflows from a major issuer show that demand is not broad-based across the full category.
That is a reminder to keep the data in proportion.
The Ethereum ETF group had a positive day. BlackRock led strongly. The streak extended. But this is not the same as saying all Ethereum ETFs are seeing synchronized demand.
The market will need more sessions before the trend becomes more convincing.
ETH Traders Need More Than Three Days For ETH traders, the key question is whether ETF demand can become persistent.
A few days of inflows can support sentiment, especially when they come during a market that is already watching institutional products closely. But sustained inflows over several weeks would carry more weight.
The ETF story also needs to be read alongside Ethereum’s broader fundamentals.
Ethereum transaction activity, Layer 2 usage, stablecoin settlement, DeFi liquidity, and staking demand all feed into the market’s long-term view of ETH. ETFs give traditional investors access to the asset, but they do not replace the need for Ethereum itself to remain useful on-chain.
That is why the ETF data is important but not complete.
For now, the July 21 inflow number is a positive signal. BlackRock’s ETHA continues to show institutional pull, and the group has extended its inflow streak to three days.
The next test is whether that demand can continue without relying on one issuer to carry the category.
This article is based on Farside Investors Ethereum ETF flow data and supporting SoSoValue ETF data.
This article was written by the News Desk and edited by Samuel Rae.
Cardano wallet SecondFi is shutting down after a software exploit allowed attackers to steal 16.1 million ADA ($2.4 million) from 374 wallets.The breach stemmed from a vulnerability in transaction signing software that enabled the derivation of private keys from blockchain transaction data.SecondFi will release wallet export tools in early August and a recovery portal later that month, though no distribution date for recovered funds is set.Cardano wallet SecondFi is winding down after attackers exploited a flaw in its transaction signing software to steal 16.1 million ADA, worth roughly $2.4 million, from 374 wallets.
The service, which replaced EMURGO’s Yoroi wallet, said it will not resume normal operations despite patching the vulnerability.and at the time securing 129 million ADA before attackers could reach the funds.
The flaw allowed attackers to derive private key material from transaction data visible on the Cardano blockchain, SecondFi said. The Cardano network itself was not compromised, and hardware wallet users were not affected.
Groom Lake, the blockchain intelligence firm hired by EMURGO, found that the main attacker was sophisticated and well-funded. Some indicators point to North Korea’s Lazarus Group, though no attribution has been confirmed, the firm said.
A separate attacker targeted another set of wallets during the same period.
SecondFi expects to release wallet export tools in early August and a zero-knowledge recovery portal later that month. EMURGO has funded an asset recovery wallet, but no firm distribution date has been given.
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Crypto Flows, Share and the Selective Rotation
Crypto Flows, Share and the Selective Rotation
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
5 hours ago
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters:
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Zilliqa po odhalení kritické chyby v aplikaci Ledger pozastavila všechny nativní transakce ZIL. Chyba byla přítomná ve všech verzích od spuštění aplikace v roce 2019 a mohla odhalovat soukromé klíče z on-chain dat. Zilliqa detekovala aktivní zneužívání 19. července 2026 a o dva dny později izolovala příčinu a transakce pozastavila.
A bug that sat quietly in Zilliqa’s Ledger hardware wallet app for seven years just went from dormant to devastating. The flaw, present in every version of the app since its 2019 launch, allowed attackers to recover users’ private keys from publicly available on-chain data.
Zilliqa detected active exploitation on July 19, 2026. Two days later, the team isolated the root cause and immediately suspended all native ZIL transactions.
What went wrong, and for how long The vulnerability lives in how the Ledger app generates nonces for EC-Schnorr signatures during native ZIL transactions. The most significant 64 bits of the ephemeral nonce were fixed at zero, stemming from a mishandling of a 32-byte copy from a 40-byte randomness buffer.
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That partial predictability is a death sentence for cryptographic security. An attacker with access to just five or more affected signatures, all of which are visible on-chain to anyone who cares to look, could use a technique called lattice reduction to mathematically reverse-engineer a user’s private key.
This is not a flaw in Zilliqa’s blockchain itself, nor in Ledger’s core hardware security. It’s a bug in the companion app, the software layer that connects the Ledger device to the Zilliqa network. Zilliqa’s SDKs, including zilliqa-js, gozilliqa-sdk, and pyzil, remain completely unaffected. EVM-compatible transactions processed through the Ledger are also fine, since those use a different signing routine.
The fallout so far Upbit, one of the largest crypto exchanges in South Korea, designated ZIL as a cautionary asset and halted both deposits and withdrawals. Other exchanges are reportedly monitoring the situation.
Zilliqa’s response has been a mix of crisis management and damage control. The team confirmed the root cause was isolated on July 21, and they are now collaborating directly with Ledger to develop a fix.
The company has been explicit in its guidance to affected users. Compromised keys need to be retired entirely, not transferred. If an attacker has already derived your private key, they can front-run any transfer you attempt. The recommended path is to generate entirely new keys through a secure method and treat the old ones as permanently burned.
What investors should watch The immediate concern for ZIL holders is whether the suspension of native transactions will be brief or prolonged. A fix requires coordination between Zilliqa and Ledger. Until a patched app is released, audited, and verified, native transactions will likely remain frozen. With Upbit already halting deposits and withdrawals, trading volumes for ZIL are under pressure from multiple directions simultaneously.
For anyone holding ZIL on a Ledger device, the priority is straightforward: do not attempt to move funds using the compromised app. Wait for official guidance from Zilliqa on the key retirement process.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Gasless USDT transfers, cross-chain liquidity services and AI-powered payment infrastructure are driving new activity across the TRON ecosystem, according to a new report from CryptoQuant.
The report said GasFree, a payment mechanism on TRON that enables on-chain fees to be deducted directly from transferred tokens instead of requiring TRX, is seen as a key driver of growing USDT transfer volumes on TRON.
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The model has seen rapid adoption, with weekly transfer volume rising to $2.9 billion by the end of June from virtually zero in early 2025. Activity peaked at a record $3 billion during the first week of May 2026, surpassing the previous weekly high of $1.9 billion recorded last year.
CryptoQuant also pointed to growing enterprise demand for TRON-based liquidity. Rhino.fi, which connects liquidity across more than 30 blockchain networks, uses TRON USDT in its Wirex integration to provide near-instant spendable balances, completing transactions in under 10 seconds.
According to the report, weekly USDT volume originating from TRON has increased from approximately $1 million to a record $48 million, while average transaction sizes have grown to $24,000, suggesting increasing business and institutional adoption.
Meanwhile, AI-focused payment infrastructure is beginning to gain traction. Providers including B.AI, MERX, Oobit and dTelecom are integrating x402-based payment rails supported by USDT liquidity, with B.AI’s deposit activity accelerating since April 2026 as early adoption builds.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Tokenized stocks, the blockchain-native versions of traditional equities, have surged to a record market capitalization of $2.3B as of mid-July 2026. That figure has roughly doubled since March, when the sector first crossed the $1B threshold.
BNB Chain has emerged as the clear frontrunner in this race, capturing approximately 30% of the total market share. With cumulative trading volumes surpassing $5B by late June and over 700 tokenized stocks and ETFs available on the chain, Binance’s network has become the de facto home for on-chain equities.
Who’s actually building this market Three names dominate the tokenized stock leaderboard, and they’re not exactly obscure players. Ondo Global Markets leads the pack with around $955M in issued on-chain equities, making it the single largest issuer in the space. That’s nearly half the total market, concentrated in one protocol.
Kraken’s xStocks comes in second with approximately $507M in equity value, while Binance’s own bStocks accounts for roughly $334M. Together, these three platforms represent the vast majority of the tokenized stock market’s capitalization.
BNB Chain’s appeal in this sector comes down to basics: lower transaction fees and higher throughput compared to Ethereum and Solana. When you’re trying to replicate the experience of buying Apple or Tesla stock but on a blockchain, nobody wants to pay $15 in gas fees for a $50 fractional share. Both Ethereum and Solana maintain meaningful positions in the tokenized equity space, but BNB Chain’s cost advantage has proven decisive so far.
The available selection on BNB Chain includes tokenized versions of major companies like AAPL and TSLA, essentially giving users a crypto-native way to gain exposure to traditional blue chips. Think of it as Robinhood meets DeFi, except the settlement layer is a blockchain instead of the DTCC’s legacy infrastructure.
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The DTCC enters the chat Speaking of the DTCC, here’s where things get genuinely interesting. The Depository Trust & Clearing Corporation, which processes virtually every securities transaction in the US, conducted its first live trades of tokenized US securities on July 15, 2026.
For context, the DTCC settles roughly $2.2 quadrillion in securities annually. Its entry into tokenized trading isn’t just a proof of concept. It’s a signal that the largest financial plumbing organization in the world sees blockchain-based settlement as a viable path forward.
This matters because tokenized stocks have historically lived in a regulatory gray zone. When the entity responsible for clearing most US equity trades starts processing tokenized versions of those same securities, it lends a degree of institutional legitimacy that no amount of DeFi protocol marketing could achieve on its own.
The growth trajectory also benefits from features that traditional brokerages struggle to match. Tokenized stocks trade 24/7, not just during the roughly six and a half hours that US exchanges are open. They enable fractional ownership at granular levels, and they integrate directly with DeFi protocols for lending, borrowing, and yield generation.
In English: you can buy a sliver of a Tesla share at 2 AM, use it as collateral in a lending protocol, and earn yield on it simultaneously. Traditional finance would need about four intermediaries and three business days to approximate something similar.
Scale and perspective Look, $2.3B is meaningful growth, but context matters. The global equities market is worth well north of $100 trillion. Tokenized stocks currently represent a rounding error in that context, roughly the market cap of a mid-tier regional bank.
But the trajectory is what deserves attention. Doubling from $1B to $2.3B in roughly four months suggests the sector is hitting an adoption inflection point. The involvement of Kraken and Backed, which are expanding trading opportunities across multiple chains, indicates that infrastructure is scaling to meet demand rather than the other way around.
Ondo Global Markets has been particularly aggressive, offering numerous US stocks and ETFs through its platform. This breadth of selection matters because tokenized stocks are only useful if investors can actually access the names they want to own.
For investors watching this space, the competitive dynamics between chains could prove as important as the overall market growth. BNB Chain’s current dominance isn’t guaranteed. Ethereum’s institutional credibility and Solana’s speed improvements could shift market share in coming quarters, particularly if fee structures become more competitive.
The bigger question is whether tokenized stocks remain a crypto-native phenomenon or evolve into a mainstream alternative to traditional brokerage accounts. The DTCC’s involvement suggests the latter is at least plausible. If traditional clearinghouses begin routing meaningful volume through tokenized rails, the $2.3B market cap that looks impressive today could end up looking quaint.
The risk side of the equation isn’t trivial, though. Regulatory frameworks for tokenized securities remain fragmented across jurisdictions. The securities themselves introduce counterparty risk tied to the issuers, and smart contract vulnerabilities could expose holders to losses that traditional stock ownership doesn’t carry. Investors treating tokenized stocks as equivalent to their traditional counterparts should understand they’re also inheriting blockchain-specific risk layers that don’t exist in conventional markets.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Sats Terminal spustil na Starknet BTC zajištěné půjčky v USDC s čistým ročním výnosem kolem -2,04 % při LTV 50 %. Odměny ve STRK mají pokrýt náklady na úroky.
Getting paid to borrow money sounds like a financial fever dream. Sats Terminal just made it real on Starknet.
The BTC lending platform announced its integration with Starknet on July 22, enabling users to borrow USDC against their Bitcoin collateral through the Vesu lending protocol at a net APR of approximately -2.04% at a 50% loan-to-value ratio. In English: borrowers walk away with more money than they owe in interest, courtesy of STRK token rewards that more than cover the borrowing costs.
How negative interest actually works Negative APRs aren’t magic. They’re subsidized. Starknet has allocated at least 100 million STRK tokens toward its rewards program, and those incentives are what make the economics work for borrowers.
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Here’s the math on a concrete example. A borrower putting up 1 BTC as collateral can expect to earn roughly $1,997 annually from STRK rewards while paying approximately $1,344 in interest. That nets out to about $653 in the borrower’s pocket, just for taking out a loan.
The maximum loan-to-value ratio through Vesu can stretch up to 86%, though the juiciest negative rates come at the more conservative 50% LTV tier.
The integration runs through Vesu, a lending protocol on Starknet that positions itself as capital-efficient. Sats Terminal acts as the front-end interface, connecting Bitcoin holders to USDC liquidity without requiring them to sell their underlying BTC position. The loans are non-custodial, meaning users maintain control of their assets throughout the process.
Sats Terminal’s growing footprint The platform has onboarded over 100,000 unique wallets since its inception. Its backers include yzilabs, Coinbase Ventures, and Draper VC. Tim Draper himself highlighted the platform back in January 2026.
Co-founder Stanislav Havryliuk and his team have been building toward this kind of cross-chain integration. Moving onto Starknet, a ZK-rollup scaling solution originally designed for Ethereum, represents a bet that Bitcoin-native users want access to DeFi infrastructure beyond the Bitcoin network itself.
What this means for investors Negative rates funded by token rewards only work as long as the reward tokens maintain their value and the incentive programs keep running. STRK rewards that generate $1,997 annually today could generate significantly less if the token price drops or if Starknet decides to redirect those 100 million tokens elsewhere.
The 86% maximum LTV deserves attention from a risk perspective. High LTV ratios in volatile markets can lead to cascading liquidations. Conservative borrowers sticking to the 50% tier have meaningful buffer. Those pushing toward the ceiling are betting that Bitcoin’s price won’t move against them fast enough to trigger a margin call.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Flash Trade potvrdil exploit na Solaně, při kterém bylo z platformy neoprávněně odčerpáno 98 000 USDC. Tým uvedl, že všichni uživatelé byli plně odškodněni.
Flash Trade, a decentralized perpetual trading platform operating on the Solana network, experienced an exploit resulting in the unauthorized withdrawal of $98,000 in USDC. The incident took place on July 22 at 00:21 SGT and was linked to a validation flaw in the MagicBlock software development kit (SDK) used by the platform.
MagicBlock SDK flaw triggers unauthorized withdrawalThe exploit was traced to a vulnerability within the #[ephemeral] Anchor macro in the MagicBlock SDK, which handles callback processes for integrator smart contracts during undelegation requests. The flaw allowed an attacker to bypass undelegation checks by submitting a fabricated account designed to mimic a genuine user deposit.
Within a single transaction, the attacker’s account was used as the buffer for a sibling undelegation instruction. While the system correctly verified that the buffer was a signer owned by the delegation program, it failed to check that the buffer’s seeds matched the correct program-derived address. This oversight provided an opening for the exploit and resulted in the unauthorized withdrawal.
MagicBlock responded by reviewing other integrations that used the affected macro and notifying impacted projects. A patched version of the SDK, 0.16.2, now addresses the missing validation and is being recommended for immediate adoption by all integrators.
Mini dictionary: MagicBlock is a blockchain infrastructure company specializing in software tools and SDKs that enable fast and secure smart contract integration on Solana and other networks.
On July 22 at 00:21 SGT, Flash experienced an attack that resulted in a 98,000 USDC withdrawal from the platform. Flash’s batching and monitoring systems surfaced the activity immediately, and the team paused deposits and withdrawals within minutes.
According to statements from MagicBlock, the company has already worked with affected ecosystem participants to prevent similar incidents and is encouraging early upgrades to the patched SDK version.
Flash Trade reported that its new monitoring and batching systems flagged the unauthorized withdrawal within minutes, allowing the team to react quickly. All trading, deposits, and withdrawals were immediately paused as a precaution while the incident was investigated in coordination with MagicBlock.
Normal trading functions resumed within a few hours, but deposits and withdrawals remained offline for approximately 24 hours during a reconciliation process aimed at confirming all platform balances and ensuring user fund integrity. The team emphasized that this suspension was intentional to guarantee a full and accurate reconciliation.
Flash Trade and MagicBlock have jointly contributed to a reimbursement fund covering the entire affected amount, ensuring that users bear no losses resulting from the exploit.
Both Flash Trade and MagicBlock affirmed that they would fully cover the unauthorized withdrawals, guaranteeing that no user funds would be lost. The prompt response and full reimbursement have drawn praise from the broader Solana community.
Industry reaction and security recommendationsArmani Ferrante, CEO of Backpack, an established digital asset wallet provider, commented publicly on the incident. Ferrante identified the exploit as an example of system design weaknesses in margin trading platforms, suggesting the need for a structural overhaul. He recommended implementing an isolated, formally verified custody contract combined with a 24-hour withdrawal timelock to provide platforms with more time to halt suspicious transactions in the event of a compromise.
Such mechanisms, Ferrante argued, would help contain damage from attacks affecting oracle systems, wallet compromises, and margin manipulation. He recognized Flash Trade’s rapid response, noting the importance of proactive security measures in reducing potential losses.
MagicBlock, following the incident, has pledged ongoing collaboration with blockchain integrators, auditors, and independent security researchers to improve the resilience of their SDK offerings and support the wider ecosystem in mitigating such vulnerabilities moving forward.
PlatformExploit DateAsset AffectedAmount LostUser Funds Covered?Flash TradeJuly 22, 2026USDC$98,000Yes (fully covered)Wanchain Cardano BridgePrevious monthsNIGHT515 millionN/ADisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
GE Vernova zveřejnila výsledky za 2. čtvrtletí 2026 a na konferenčním hovoru uvedla, že meziroční změny objednávek, tržeb a EBITDA jsou očištěné o akvizici Prolec GE.
GE Vernova Inc. (GEV) Q2 2026 Earnings Call July 22, 2026 7:30 AM EDT
Company Participants
Michael Lapides - Vice President of Investor Relations
Scott Strazik - CEO, President & Director
Kenneth Parks - Chief Financial Officer
Conference Call Participants
Nicole DeBlase - Deutsche Bank AG, Research Division
Andrew Obin - BofA Securities, Research Division
Nigel Coe - Wolfe Research, LLC
Andrew Kaplowitz - Citigroup Inc., Research Division
Ameet Thakkar - BMO Capital Markets Equity Research
David Arcaro - Morgan Stanley, Research Division
Joseph Ritchie - Goldman Sachs Group, Inc., Research Division
Julien Dumoulin-Smith - Jefferies LLC, Research Division
Christopher Dendrinos - RBC Capital Markets, Research Division
Sunaina Ocalan - Bernstein Institutional Services LLC, Research Division
Presentation
Operator
Good day, ladies and gentlemen, and welcome to GE Vernova's Second Quarter 2026 Earnings Conference Call. [Operator Instructions] My name is Liz, and I will be your conference coordinator today. [Operator Instructions] As a reminder, this conference is being recorded.
I would now like to turn the program over to your host for today's conference, Michael Lapides, Vice President of Investor Relations. Please proceed.
Michael Lapides
Vice President of Investor Relations
Thank you. Welcome to GE Vernova's Second Quarter 2026 Earnings Call. I'm joined today by our CEO, Scott Strazik; and CFO, Ken Parks.
Our conference call remarks will include both GAAP and non-GAAP financial results. Reconciliations between GAAP and non-GAAP measures can be found in today's Form 10-Q press release and the presentation slides, all of which are available on our website. Please note that unless otherwise specified, our year-over-year commentary or variances on orders, revenue, adjusted and segment EBITDA, and margin discussed during our prepared remarks are on an organic basis, which includes the removal of the impact of our Prolec GE acquisition.
We will make forward-looking statements about our performance. These statements are based on how we see things
GE Vernova uvedla, že je u plynových turbín „většinou vyprodána“ až do roku 2030 a do konce roku čeká nejméně 125 gigawattů v zakázkách. Firma už má podepsané dohody i na rok 2031.
Artificial intelligence has fueled a surge in demand for power infrastructure, but GE Vernova Inc. (NYSE:GEV) says investors may still be underestimating just how far into the future that demand now stretches.
Speaking on the company’s second-quarter earnings call Wednesday, CEO Scott Strazik said GE Vernova expects to finish the year with at least 125 gigawatts of gas turbines under contract—enough to leave the company “mostly sold out through ’30” while already filling production slots for the following year.
The comments offer one of the clearest signs yet that utilities, hyperscalers and other large customers are locking in electricity infrastructure years in advance as AI data centers, electrification and grid modernization reshape long-term power demand.
Production Slots Are Filling Years AheadGE Vernova’s gas power business continued to benefit from strong global demand during the quarter, signing 20 gigawatts of equipment orders and slot reservation agreements while increasing total contracted capacity from 100 gigawatts to 116 gigawatts. The company now expects that figure to reach at least 125 gigawatts before year-end.
Strazik said the company already has “agreements signed into ’31” and expects “to have sold more than half of the 30 gigawatts of ’31 production slots by the end of this year,” underscoring how customers are committing to capacity years before equipment is scheduled to ship.
The visibility extends even further. During the question-and-answer session, Strazik revealed there are already “active discussions for ’32 and beyond,” although he cautioned that it is too early to discuss the timing of future contracts.
Why Investors Should Pay AttentionThe headline isn’t simply that GE Vernova has a record backlog. It’s what that backlog says about the durability of electricity demand.
While much of Wall Street has tied the company’s momentum to AI data centers, management described a much broader investment cycle. Strazik said “the long-cycle electric power industry is in the early stages of a multi-decade growth opportunity,” adding that GE Vernova is “in the early stages of this electricity investment supercycle.”
That confidence is allowing the company to expand production capacity without building entirely new factories. GE Vernova now expects annual gas turbine output to reach 30 gigawatts by 2030 through lean manufacturing improvements and incremental investments within its existing footprint, with much of that expansion effectively supported by customer commitments already on the books.
Photo: Saskia B / Shutterstock
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, /PRNewswire/ -- The European Commission has today formally cleared the acquisition of Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("WBD") by Paramount Skydance Corporation (NASDAQ: PSKY) ("Paramount"), representing a major milestone in completing the transaction in line with the publicly stated timeline.
Paramount has already received competition clearances from antitrust and competition authorities in the following jurisdictions: the United States, Australia, Brazil, Canada, China, Kuwait, Montenegro, New Zealand, North Macedonia, Saudi Arabia, Serbia, South Africa, South Korea, Ukraine, and the COMESA Competition Commission (the regional competition authority for the Common Market for Eastern and Southern Africa). Additionally, Paramount has received foreign direct investment clearances in Australia, Germany, France, Spain, Slovenia, Belgium, Czechia, New Zealand, Italy, and Romania. The transaction was also unconditionally approved by European Commission under its Foreign Subsidies Regulation regime and by the Austrian Federal Competition Authority under its media merger control regime.
With the clearance from the European Commission, bodies and governments representing 65 jurisdictions have either cleared the transaction or chosen not to challenge it on competition and/or foreign direct investment grounds.
These clearances recognize that the combination of Paramount and WBD will enhance consumer choice and enable a creative-first company to invest in more projects and bring stories to audiences worldwide. It will create a scaled media and entertainment company capable of competing with the tech companies that have come to dominate the industry, strengthening the media ecosystem and creating more opportunities for creatives both in front of and behind the camera.
The conclusions reached by the European Commission directly refute key assumptions that underpin the state AGs' complaint seeking to block the transaction. In its finding that "at film production level, enough film studios remain as competitors in the EEA", the European Commission correctly defined the market as including "smaller US studios such as Amazon MGM, A24 and Lionsgate, as well as European studios" in addition to "other major US studios like Disney, NBC Universal and Sony." The European Commission did not find that high-budget or 'blockbuster' films constituted a relevant market. It rather considered them as an element of differentiation in its competitive assessment, and found that the market will remain competitive for these types of films too. In coming to the conclusion that "as regards the AV value chain, the Commission's investigation showed that enough alternative competitors remain to exert sufficient competitive pressure on the merged entity in the EEA", the European Commission rightly considered streaming platforms as competing directly with linear TV. These conclusions further undermine the market definition relied upon by the state AGs in their complaint.
"Today's approval from the European Commission marks another significant milestone in bringing Paramount and Warner Bros. Discovery together. We appreciate the Commission's constructive engagement and thorough analysis throughout its review," said Makan Delrahim, Chief Legal Officer, Paramount. "Not only does this combination not pose any competitive harms, it actually enhances competition by creating a scaled media and entertainment company with the ability to truly challenge the tech platforms that have come to dominate the industry. By strengthening competition it will support increased investment in content, expand opportunities for creatives and deliver greater choice for consumers. We are pleased that the European Commission, following its robust review, joins other bodies, including the United States Department of Justice, Australia's ACCC, Canada's CCB, Brazil's CADE, China's SAMR and South Africa, in concluding that this transaction does not harm competition and can proceed, further underscoring its potential to strengthen the global media and entertainment ecosystem."
The transaction brings together the two companies' complementary strengths to create more competition and support greater investment in storytelling and talent. Paramount has proactively made clear its plans and incentives for the combined company: to increase output to at least 30 high-quality films annually, each of which will receive a full theatrical release starting immediately; to continue licensing content to and acquiring content from third parties; and to preserve iconic brands with independent creative leadership.
***
About Paramount, a Skydance Corporation
Paramount, a Skydance Corporation is a next-generation global media and entertainment company, comprised of three business segments: Studios, Direct-to-Consumer, and TV Media. PSKY's portfolio unites legendary brands, including Paramount Pictures, Paramount Television, CBS, CBS News, CBS Sports, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+, Pluto TV, and Skydance Animation, Film, Television, Interactive/Games, and Paramount Sports Entertainment.
This communication contains "forward-looking statements" regarding the Merger. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of PSKY or WBD. Risks and uncertainties include, but are not limited to: the risk that the closing conditions for the Merger will not be satisfied, including the risk that clearances under applicable antitrust or regulatory laws will not be obtained; the possibility that the transaction will not be completed in the expected timeframe or at all; potential adverse effects to the businesses of PSKY or WBD during the pendency of the transaction, such as employee departures or distraction of management from business operations; the risk of stockholder litigation relating to the transaction, including resulting expense or delay; the potential that the expected benefits and opportunities of the Merger, if completed, may not be realized or may take longer to realize than expected; risks related to PSKY's streaming business; the adverse impact on PSKY's advertising revenues as a result of changes in consumer behavior, advertising market conditions and deficiencies in audience measurement; risks related to operating in highly competitive and dynamic industries; the unpredictable nature of consumer behavior, as well as evolving technologies and distribution models; risks related to PSKY's decisions to invest in new businesses, products, services and technologies, and the evolution of PSKY's business strategy; the potential for loss of carriage or other reduction in, or the impact of negotiations for, the distribution of PSKY's content; damage to PSKY's reputation or brands; losses due to asset impairment charges for goodwill, content and long-lived assets, including finite-lived intangible assets; liabilities related to discontinued operations and former businesses; increasing scrutiny of, and evolving expectations for, sustainability initiatives; evolving business continuity, cybersecurity, privacy and data protection and similar risks; challenges in protecting and maintaining PSKY's intellectual property rights; domestic and global political, economic and regulatory factors affecting PSKY's businesses generally; the inability to hire or retain key employees or secure creative talent; disruptions to PSKY's operations as a result of labor disputes; risks and costs associated with the integration of, and PSKY's ability to integrate, the businesses of Paramount Global and Skydance successfully and to achieve anticipated synergies; litigation relating to the transactions contemplated by the transaction agreement entered into on July 7, 2024, between Paramount Global and Skydance, potentially resulting in substantial costs; volatility in the price of PSKY's Class B common stock; the effect PSKY's dual-class capital structure and the concentrated ownership may have on the price of its Class B common stock or business; risks related to a private sale of a controlling interest in PSKY, including that PSKY's stockholders may not realize any change of control premium on shares of PSKY's Class B common stock and that PSKY may become subject to the control of a presently unknown third party; risks associated with PSKY's status as a "controlled company" under Nasdaq rules, including its exemption from certain corporate governance requirements; risks associated with the lack of voting rights of PSKY's Class B common stock; risks that anti-takeover provisions in PSKY's amended and restated certificate of incorporation (the "Charter") and amended and restated bylaws, and under Delaware law, could deter, delay, or prevent a change of control; risks that exclusive forum provisions in the Charter could limit a stockholder's choice of forum for certain claims and discourage lawsuits against PSKY's directors and officers; risks that corporate opportunity provisions in the Charter could permit certain persons to pursue competitive opportunities that might otherwise be available to PSKY; risks associated with PSKY's holding company structure, including its dependence on distributions from its subsidiaries to meet tax obligations and other cash requirements; risks related to PSKY's indebtedness, including PSKY's substantial outstanding debt obligations; risks related to PSKY's ability to incur substantially more debt and PSKY's ability to meet the financial and other covenants contained in the agreements governing PSKY's indebtedness; risks relating to PSKY's ability to deleverage the business in accordance with management's targets, including risks arising from assumptions, uncertainties and contingencies that may affect PSKY's ability to reduce indebtedness; risks relating to management's ability to execute on its strategic plan and improve its financial profile and cash flows from operations; and risks relating to any capital or other financing PSKY may have to raise in order to reduce its indebtedness following the Merger. A further list and description of these risks, uncertainties and other factors and the general risks associated with the respective businesses of PSKY and WBD can be found in PSKY's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 25, 2026, and PSKY's Form 10-Q for the quarterly period ended March 31, 2026, filed with the SEC on May 4, 2026, including, in each case, in the sections captioned "Cautionary Note Concerning Forward-Looking Statements" and "Item 1A. Risk Factors," and PSKY's subsequent filings with the SEC, and WBD's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 27, 2026, and WBD's Form 10-Q for the quarterly period ended March 31, 2026, filed with the SEC on May 6, 2026, including, in each case, in the sections captioned "Cautionary Note Concerning Forward-Looking Statements" and "Item 1A. Risk Factors," and WBD's subsequent filings with the SEC. Copies of these filings, as well as subsequent filings, are available online at www.sec.gov, ir.wbd.com or on request from PSKY or WBD. PSKY undertakes no obligation to update any forward-looking statement as a result of new information or future events or developments, except as required by law.
It's not every day that a business can invest $1 into a marketing campaign and turn it into $7. However, it's actually quite common for Zeta Global's (ZETA -5.47%) customers.
Zeta CEO David A. Sternberg touted "an average 600% return on marketing spend for our customers," but the company's stock is only up by 8% this year. While investors shouldn't expect the stock to rise by 600% in a single year, it's hard to imagine that its shareholder returns will stay modest for long if the company continues to execute.
Image source: Getty Images.
Zeta is capitalizing on agentic AI Zeta touts itself as an AI marketing cloud platform that helps businesses run data-driven marketing campaigns. Its AI agents make it easier for marketers to analyze consumer behavior, and more than half of Fortune 500 companies use its platform.
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Athena by Zeta acts as the brains behind the operation. It can analyze results from a company's past marketing campaigns and determine which actions can yield the highest ROI. The Zeta Marketing Platform lets enterprises gather all of their marketing campaign data in the same place, which lets Athena provide more accurate recommendations.
Zeta's progress with agentic AI has attracted Palantir's attention. The two companies announced a strategic partnership that Sternberg anticipates can generate more than $100 million in annual recurring revenue for his company in the future.
Artificial intelligence is revolutionizing many industries, including marketing. According to a forecast by Grand View Research, the marketing technology industry will grow at a compound annual rate of 20.1% through 2033 to a value of $2.38 trillion. If Zeta can get a larger slice of that pie through its AI-powered marketing platform, it could outperform the S&P 500 over an extended period of time.
Growth in super-scaled customers lifts the entire business Although Zeta's stock has posted moderate gains so far this year, its fundamentals continue to grow significantly. In Q1, the company delivered its 19th consecutive "beat and raise" quarter as overall revenue surged by 50% year over year.
Super-scaled customers were a big part of that successful quarter. Zeta defines this group of customers as enterprises that generate more than $1 million in annual recurring revenue for the company. Zeta now has 189 super-scaled customers, up by 19% year over year, with an average revenue per user of $1.7 million. That means the company is bringing in approximately $321.3 million per year from those 189 customers.
Zeta currently anticipates 37% year-over-year revenue growth in 2026, but it's possible that its growth rate will outpace that. After all, the company has beaten estimates and raised guidance every quarter for almost five years.
Many of its super-scaled customers upgrade their plans as their needs evolve. It's also easier for these enterprises to pay for more expensive plans once they see high ROIs from Zeta's platform.
If the company can finally report consistent profits, that could be a major catalyst for the stock. Right now, its net profit margins are in the negative, but not by much. Zeta still has good top-line scaling, and once it becomes profitable, net income could scale up quickly as well. Zeta has already guided for positive GAAP net income for 2026, implying that this will happen sooner rather than later.
Astera Labs těží ze silné poptávky po portfoliu Taurus, které v 1. čtvrtletí přispělo k růstu tržeb o 93 % meziročně. Na 2. čtvrtletí očekává tržby 355–365 mil. USD.
Key Takeaways Astera Labs' Taurus portfolio drove strong Q1 results with 93% year-over-year revenue growth. ALAB expanded Taurus with new Smart Retimers and Redrivers for rack-scale AI infrastructure. ALAB expects Q2 revenues of $355M-$365M, implying 15% to 18% sequential growth. Astera Labs (ALAB - Free Report) is benefiting from robust demand for its Taurus portfolio, which is driving significant growth and positioning the company for further upside. The Taurus product line, focused on signal conditioning and reach extension for both AI and general-purpose compute platforms, has seen broad adoption, particularly as AI infrastructure spending accelerates across hyperscalers, AI labs and sovereign entities.
One of the key strengths of the Taurus portfolio is its ability to support advanced Ethernet Active Electrical Cables, which are critical for extending reach in AI clusters and data center environments. During the first quarter of 2026, Taurus delivered solid results, contributing to Astera Labs’ impressive 93% year-over-year revenue growth.
The company’s expanding Taurus portfolio has been noteworthy. Astera Labs recently expanded its Taurus 3.2T Smart Signal Conditioner portfolio with footprint-compatible 16-lane Smart Retimers and Smart Redrivers for 200G-per-lane Ethernet, UALink and ESUN connectivity in rack-scale AI infrastructure.
The new Taurus family enables customers to switch between retimers and redrivers using the Smart Swap feature without redesigning boards, improving deployment flexibility. Managed through the COSMOS software platform, the solutions provide advanced telemetry, intelligent link management and diagnostics to optimize signal integrity, reduce power consumption and accelerate large-scale AI cluster deployments while supporting multi-vendor sourcing through the OCP standard footprint.
Aster Labs is benefiting from strong demand for its Aries, Taurus, and Scorpio product families, all of which are expected to drive growth in the second quarter of 2026. For the same quarter, ALAB expects revenues between $355 million and $365 million, implying 15% to 18% sequential growth.
ALAB Faces Stiff CompetitionALAB is facing stiff competition from other industry players like Marvell Technology (MRVL - Free Report) and Credo Technology (CRDO - Free Report) . Both Marvell Technology and Credo Technology are making strong efforts in the connectivity space.
Marvell Technology’s expanding portfolio has been noteworthy. In June 2026, Marvell Technology introduced the Teralynx T100, a 102.4 Tbps AI-optimized switch silicon designed to enhance high-speed connectivity and networking efficiency in large-scale AI data centers through lower latency and reduced power consumption.
Credo Technology’s expanding portfolio has been noteworthy. In May 2026, Credo Technology completed its acquisition of DustPhotonics, adding industry-leading silicon photonics technology to strengthen its optical interconnect portfolio across 800G, 1.6T and 3.2T solutions. The acquisition enhances Credo Technology’s vertically integrated AI connectivity stack and is expected to be a significant growth driver in fiscal 2027, supported by increasing hyperscale AI adoption.
ALAB’s Share Price Performance, Valuation, and EstimatesALAB shares have surged 92.3% in the year-to-date period, outperforming the broader Zacks Computer & Technology sector’s increase of 12.1%. The Zacks Internet - Software industry has decreased 6.1% in the same time frame.
ALAB Stock’s Performance
Image Source: Zacks Investment Research
ALAB stock is trading at a premium, with a forward 12-month Price/Sales of 29.28X compared with the Internet - Software industry’s 3.98X. ALAB has a Value Score of F.
ALAB’s Valuation
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for 2026 earnings is pegged at $ 2.97 per share, which has increased by a couple of pennies over the past 30 days. This suggests 61.41% year-over-year growth.
ALAB’s Zacks RankAstera Labs currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Cathie Wood říká, že SpaceX by mohla být nejdůležitější firmou v historii, a ARK dokupuje i po 38% poklesu od nedávného vrcholu. Firma čeká na uvolnění akcií k obchodování za 116 miliard USD.
Cathie Wood is doing the Cathie Wood thing again. SpaceX (NASDAQ:SPCX | SPCX Price Prediction) is down 38% from its recent peak and trading below its IPO price; the lockup clock is ticking, and the founder of the firm that manages $30 billion in assets just told Fox Business on July 22, 2026, that the company “could become the most important company in history.” Not the decade. History. ARK is buying more instead of trimming.
The underlying claim is more interesting than the headline, because Wood is not defending a rocket business anymore. She is defending an AI holding company that happens to own the world’s cheapest way to leave the atmosphere. The public-market proxies for this thesis, Tesla (NASDAQ:TSLA) and Rocket Lab (NASDAQ:RKLB), tell you what the market thinks of the space-and-AI trade right now. Tesla is down 14% year to date, and Rocket Lab is down 27% over the past month. Wood is buying anyway.
The Moat Wood Is Actually Defending “SpaceX has a first mover advantage. It will be difficult. It has a ten year lead and the key has been reusable rockets.” That decade of iteration shows up in one number that matters more than any valuation multiple. SpaceX controls 70% of satellites in orbit. Reusable boosters are the reason. Every competitor has to build the flywheel from zero while SpaceX is already spinning it.
Rocket Lab is the closest publicly traded pure-play alternative, and Peter Beck’s team is running the correct playbook. Q1 2026 revenue hit $200.35 million, up 63.46% year over year, with a backlog of $2.20 billion and non-GAAP gross margins of 43.0%. Neutron, the medium-lift vehicle meant to compete with Falcon 9, is targeted for its debut launch later in 2026 after a stage-1 tank test failure pushed the timeline. That is the state of “second place” in launch. Impressive, growing, and still years behind.
The Real Thesis Is Orbital Data Centers Rockets are the setup. The punchline is compute. Wood argued that “The secret to scaling technologies is falling costs as units increase… SpaceX has a first mover advantage with 70% of the satellites and beyond that we have the global data centers, orbital data centers so they will be the most economic and will allow Elon and team the opportunity to develop… some of the most sophisticated frontier models in the world at the lowest cost.”
If you own launch, you own the cheapest way to put racks of GPUs into orbit where solar is free, and cooling is a physics problem instead of a water bill. The GAO flagged this exact concept in April, noting that data centers could account for up to 12% of U.S. electrical demand by 2028 and that since January 2026, the FCC has received three applications from U.S. companies for large satellite constellations operating as data centers. Wood says SpaceX is already renting data center capacity to Anthropic and Google. If that scales, the company competes with hyperscalers, not Boeing (NYSE:BA).
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Tesla is the tell. Tesla disclosed a roughly $2 billion equity investment in SpaceX in Q1 2026 and is partnering with SpaceX on a vertically integrated semiconductor fab at Gigafactory Texas. Elon is stitching his companies into one AI-industrial stack. The Q1 filing shows where the money moves.
The Multi-Trillion Stack Versus the $116 Billion Unlock Wood’s final flourish stacks the businesses on top of each other. “Ultimately SpaceX when they combine the most powerful, the robotaxi opportunity, the orbital data center opportunity… There are lots of opportunities and they are multi trillion dollar opportunities.” She also framed AI productivity as a generational advantage for U.S. companies, with Chinese competitors looking less efficient despite throwing raw compute at the problem.
Now the ugly part. SpaceX is set to unlock $116 billion in shares after IPO restrictions lift. That is a supply wave arriving into a stock already down 38%. Prediction markets are pricing 96.4% odds against S&P 500 inclusion in 2026, meaning index-fund buying will not rescue the float. Nasdaq-100 inclusion is already resolved yes, which helps, but does not neutralize the coming supply.
Wood’s thesis is coherent and more sophisticated than the headline suggests. The launch moat is real, the orbital compute angle is not science fiction, and the Tesla-SpaceX-xAI convergence is happening in filings. Whether you buy the dip depends on whether you can sit through the unlock. Wood can. Most retail cannot.
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Meta jedná o dvouleté cloudové smlouvě s Anthropic za 10 miliard USD, která by jí otevřela nový zdroj tržeb z AI infrastruktury. Dohoda ale zatím není uzavřená.
Investors have long known that Meta Platforms (META -2.76%) planned to continue growing through AI. Most investors assumed that it would leverage its massive data collection to train AI models in ways that its competitors could not precisely replicate.
Hence, even though Meta has been a hyperscaler for years, it may have come as a surprise to some to hear that Mark Zuckerberg was also contemplating a move into leasing cloud computing capacity. Knowing that, investors will likely be watching Meta and its CEO closely when the company reports its Q2 earnings on July 29.
Image source: The Motley Fool.
The move into the neocloud So far, investors don't seem enthusiastic about Meta's expensive AI ambitions. The company has pledged to spend between $125 billion and $145 billion on capital expenditures in 2026 alone, primarily to develop its AI. That comes after it spent almost $70 billion on capex in 2025.
Additionally, the social media stock trades at a P/E ratio of 23, the lowest among the "Magnificent Seven" stocks. Its revenue grew by 33% year over year in the first quarter of 2026, a level of growth that supports the investment thesis for Meta, particularly given its low multiple and its success in digital advertising.
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Nonetheless, uncertainty about where it could derive significant long-term growth from may partially explain its low P/E ratio.
Today, an average of 3.56 billion people, about 43% of the world's population, already log into a Meta-owned site daily. That past success has left it with relatively few potential new users to pursue.
For now, the start of its shift to the neocloud appears to hinge on a proposed two-year, $10 billion deal with Anthropic, and some believe an announcement during its July 29 earnings call that such a deal has been sealed will send the stock soaring. That deal would allow Meta to put some of its AI infrastructure to use in a way that directly translates into revenue.
Admittedly, that deal is not final and could still fall through. However, there is plenty of demand for cloud infrastructure across the market. Though it has been viewed as one of the four major hyperscalers throughout the AI build-out, analysts including Mark Mahaney of Evercore see what Meta is likely to offer to its clients as more akin to the specialized cloud offerings of the smaller neocloud providers.
That looks like a promising model: Mordor Intelligence estimates a compound annual growth rate of 46% for the neocloud through 2031.
However, if such an announcement occurs, it still may not ease investor concerns. Nearly 98% of Meta's revenue came from digital advertising in Q1, and Zuckerberg has yet to prove that he can turn his company into a cloud infrastructure provider on par with Amazon Web Services or Microsoft Azure. Until investors feel more confident about Meta's pivot in this direction, many may remain skeptical.
Should investors buy Meta Platforms stock before earnings? The good news for investors is that Meta Platforms stock is likely a buy before July 29, when Zuckerberg will probably offer more clarity on its AI ambitions.
Indeed, Meta Platforms stock could take a hit if the Anthropic deal falls through. Additionally, its massive capex spending on new AI data centers is concerning to many investors, given that almost all of the company's revenue still comes from digital ads.
Fortunately, that digital ad business is likely not going anywhere, and the company's AI efforts have enhanced its effectiveness. Considering its rapid revenue increases and the 23 P/E ratio, the company's growth should continue even if Meta's AI plans fail to meet investor expectations.
Jefferies vidí v AI brýlích od Meta dlouhodobou růstovou příležitost a odhaduje hardwarový byznys na 14 až 18 miliard USD v příštích letech. Firma má podle analytiků náskok, protože jako jediná dodává AI brýle ve velkém.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB)’s AI-enabled glasses could represent a new growth opportunity for the company as the wearables move toward broader consumer adoption, according to Jefferies analysts who tested multiple models and highlighted the product’s potential as a future computing interface.
The analysts wrote that Meta’s AI glasses impressed across areas including camera quality, setup experience and their traditional glasses design, noting that the company currently has a first-mover advantage as the only major player shipping AI glasses at scale. Jefferies estimated that the category could create a $14 billion to $18 billion hardware revenue opportunity over the next several years, assuming adoption levels similar to the Apple Watch and an average selling price of about $400.
Meta’s AI glasses are screen-free, voice-controlled wearables that combine cameras, open-ear audio and integration with the Meta AI application. Jefferies tested three models, including the Ray-Ban Meta Gen2 priced at $379, the Oakley Meta priced at $499 and the Ray-Ban Display with Neural Band priced at $799, and wrote that the devices integrated naturally into daily activities including sports, communication and productivity.
The analysts’ base-case scenario estimates the hardware opportunity could translate into roughly 35 million to 45 million units sold, with additional potential upside from AI subscriptions, advertising and commerce-related monetization. Jefferies highlighted Meta AI’s growing user base, noting that monthly active users have reached approximately 1 billion and daily glasses users are increasing year over year.
Jefferies wrote that the longer-term opportunity could extend beyond hardware sales if AI assistants shift toward “agentic” experiences where users delegate tasks rather than simply search for information. In that scenario, the analysts noted that AI glasses could capture user intent at the point of discovery and potentially position Meta closer to future commerce transactions.
The analysts highlighted several strengths of the products, including camera performance, easy photo capture and synchronization through the Meta AI app. They also pointed to the open-ear audio experience as a key advantage, allowing users to listen to music, handle calls and receive notifications while maintaining awareness of their surroundings. Spotify integration, the glasses’ comfortable design and their ability to combine functions typically handled by a phone camera, earbuds and action camera were also cited as benefits.
However, Jefferies noted that the technology remains in development. The analysts pointed to areas for improvement including video quality, speaker volume, voice activation reliability, battery life and the adjustment required for users to incorporate the glasses into everyday routines. They also noted that launches in some regions, including Europe, have faced delays related to supply constraints and regulatory considerations around AI, privacy and always-on cameras.
Jefferies maintained a positive view on Meta’s AI glasses opportunity, writing that the company’s early position in the category could provide a long-term growth opportunity that is not yet reflected in current expectations.
Shares of Meta traded hands at $630 on Wednesday, down about 5% so far this year.
U Alphabetu bude klíčový capex: v dubnu zvýšil výhled na rok 2026 na 180 až 190 miliard USD a v 1. čtvrtletí utratil 35,7 miliardy USD. Trh sleduje, zda výdaje na AI stále podporují růst.
Alphabet (GOOG +0.00%)(GOOGL -0.13%) reports second-quarter results after the market closes today, with the earnings call scheduled for 4:30 p.m. ET. The revenue and earnings may end up being the focus on many of the headlines. But I'd argue the number that actually has more implications for the stock sits further down the report. It's capital expenditures -- the money Alphabet is pouring into data centers and the computing infrastructure behind its artificial intelligence (AI) push.
After all, nobody doubts that the business is growing. The question is whether the company's AI spending is an investment compounding into more growth or a cost rising faster than the returns it generates.
Image source: Alphabet.
The spending curve keeps steepening In April, alongside first-quarter results, Alphabet raised its 2026 capital expenditure guidance to a range of $180 billion to $190 billion, up from $175 billion to $185 billion. Chief financial officer Anat Ashkenazi also said the company expects its 2027 capital expenditures to "significantly increase" from there.
And Alphabet spent $35.7 billion on capital expenditures during Q1 specifically. So, even to reach even the low end of its full-year range, spending would need to average about $48 billion per quarter for the rest of the year -- a step-up of more than 30% from the first quarter's pace.
To be fair, the tech company's growth has been impressive. Alphabet's first-quarter revenue rose 22% year over year to $109.9 billion, the company's 11th consecutive quarter of double-digit growth. Google Cloud revenue climbed 63% year over year to $20 billion -- an acceleration that made the segment the company's most powerful growth catalyst. And Alphabet notably said its cloud backlog swelled to more than $460 billion.
Further, Alphabet remains compute-constrained.
"We are compute constrained in the near term," CEO Sundar Pichai said in the company's first-quarter earnings call. "Our cloud revenue would have been higher if we were able to meet the demand."
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What would be reassuring -- and what wouldn't As for the earnings line, it has gotten noisy recently. Alphabet's first-quarter net income rose 81% year over year, but a $36.9 billion pre-tax gain on equity securities added $28.7 billion to the bottom line, a swing factor that has nothing to do with the operating business. That's exactly why profit is a poor scoreboard for this report, and the capital expenditure line is a better one.
So what would a reassuring report look like?
Capital expenditure guidance held at $180 billion to $190 billion, cloud growth still running near 60%, and clear evidence that the more than $460 billion cloud backlog is converting into revenue. That combination would say the spending is buying growth at a steady exchange rate.
The worrying version is the opposite. Another guidance raise stacked on top of April's, paired with decelerating cloud growth, would suggest the price of keeping up in AI is rising faster than the payoff. Investors could probably forgive either one on its own. Both together, however, could hit the stock hard.
Valuation frames the stakes. At about $347 per share, Alphabet trades at about 27 times earnings -- closer to 32 times without the first quarter's equity gains, but hardly extreme either way for a company growing revenue 22%. Shares also sit about 15% below their 52-week high of $408.61, so some caution is already priced in.
But a multiple like that still assumes Alphabet's strong growth persists as its investments pay off.
Alphabet has earned patience from investors on this front before. Google Cloud spent years absorbing investment before it became the profit driver it is now, and the company's balance sheet gives it more room for error than almost any business on Earth. The bull case, therefore, is simply that history repeats: spend heavily, wait, collect a bigger business on the other side.
Ultimately, the report lands this afternoon, and the reaction will come fast. When it does, I'll go straight past revenue and earnings to the capital expenditure line -- and I think investors should, too. If Alphabet holds the range while cloud keeps compounding, the stock's premium valuation looks earned. But if the spending number jumps again without growth to match, investors may have some cause for concern.
Google odkládá svůj další špičkový model Gemini 3.5 Pro, zatímco konkurenti OpenAI a Anthropic už uvádějí nové top modely. Téma má přijít i na středeční večer při oznámení výsledků za 2. čtvrtletí.
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Google CEO Sundar Pichai is likely to face questions about its delayed frontier AI during earnings. Bloomberg/Getty Images In the AI race, the throne is never safe. Just ask Google.
After the success of Gemini 3, Google found itself in a strong position at the end of 2025. As of this week, the situation is a little shakier.
While the company just rolled out three faster, more cost-effective models, it continues to delay its next frontier model, Gemini 3.5 Pro, and it's unclear whether this week's launches will be enough to keep users and investors happy in the interim.
Some of Google's competitors are using the opportunity to land a few jabs.
Alexandr Wang, Meta's chief AI officer, wrote on X "gemini who?" in response to a leaderboard that ranked Meta's Spark model above one launched by Google this week.
Thibault Sottiaux, a member of technical staff at OpenAI, also took an apparent jab at the search giant. In a post on X, Google's Logan Kilpatrick announced that pre-training on Gemini 4 — the next big milestone model — had begun. "Hope it finishes one day too!" Sottiaux replied.
Google declined to comment.
'Too early to count anyone out'Google's delay is particularly glaring because OpenAI and Anthropic have rolled out new top-tier models in recent weeks. The pushback of Gemini 3.5 Pro has "shifted perception from leading edge to trailing edge," said Josh Beck, an analyst at Raymond James, in a note this week. He said he saw this as a byproduct of the fast pace of change among the labs right now.
At the same time, Google's business has been humming along nicely in recent quarters, with strong momentum across Search, YouTube, Cloud, and other areas benefiting from Google's AI advancements. Google is also betting that faster, more cost-effective models may be a winning strategy at a time when token costs are racking up.
Google's focus on more efficient models has received praise from some users.
"Google gets a lot of criticism on here for falling behind on agentic coding, but Gemini 3.5 Flash has long been my daily driver for agentic document extraction, which is one of the highest-value use-cases for LLMs IMO," Kyle Walker, founder of Clearfork Intelligence, wrote on X.
Still, Google may need to address this trade-off between efficiency and power when it announces Q2 earnings on Wednesday evening. Analysts are likely to raise the topic of 3.5 Pro and its release timeline.
"I love Gemini, probably more than I should but them hyping 4 before even delivering 3.5 Pro is a lil weird," Anshel Sag, analyst at Moor Insights & Strategy, wrote on X.
Sag told Business Insider he felt that Google hyping up Gemini 4 was an "admission they already have something better." However, he said the "feverish pace" of AI right now doesn't necessarily yield meaningful improvements.
"I just feel like Google is a much bigger company and moves a bit differently from its competitors," said Sag.
He added: "It's just way too early to count anyone out."
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Reddit a další vydavatelé zvažují omezení přístupu Googlu kvůli souhrnům od AI, která jim odčerpávají návštěvnost. USA Today uvedl, že jeho návštěvnost z Googlu za 12 měsíců končících v červnu 2026 klesla téměř o polovinu.
Reddit and a growing number of news publishers are reportedly mulling whether to cut off Google’s access to their sites as the Big Tech giant’s controversial AI search summaries siphon web traffic.
Reddit, which previously inked a $60 million per year deal which permitted Google to use its online message boards to train AI models, has grown disillusioned with the search giant’s tactics and is debating whether the agreement is worth it, the Wall Street Journal reported, citing people familiar with the matter.
USA Today, Politico, Reuters and The Economist are also reconsidering their ties to Google over its use of AI-generated “overviews” – which are placed at the top of search results instead of links to outside outlets in what critics have called an existential threat to online publishers.
Reddit is considering cutting ties despite having a content partnership with Google. SDF_QWE – stock.adobe.com
Social media community forum Reddit is considering cutting off Google’s access to the site. Amanda Alamsyah – stock.adobe.com “It’s time to take a stand and say enough is enough,” said USA Today CEO Mike Reed told the Journal.
Google search traffic from US users to USA Today plummeted by nearly half over the 12 months ending in June 2026, according to data compiled by Semrush. Traffic plunged 23% for Politico and by more than 85% for Business Insider, the report found.
USA Today – which is already suing Google for alleging operating a monopoly over digital advertising technology – is considering cutting off Google’s access to its articles for AI training. That would also mean its articles would no longer appear in search results.
Politico, which is owned by publishing giant Axel Springer, has discussed blocking Google and other bots from accessing its non-paywalled articles, according to the report. Reuters is also considering limits.
USA Today could cut off Google’s access to its articles. sharafmaksumov – stock.adobe.com “We are certainly looking at the economic trade-offs between search and AI summaries,” Reuters President Paul Bascobert told the Journal.
A Google spokesperson pushed back on the criticism, asserting that publishers are able to opt out of allowing their sites to be used for training its Gemini AI models without removing themselves from search.
“Google’s AI Search features send billions of clicks to the web every week, meeting people’s evolving preferences for how they want to find information while driving significant traffic to websites,” the spokesperson said.
Google is accused of siphoning traffic from news publishers. Koshiro K – stock.adobe.com “Our AI features highlight links to the web and help creators and publishers grow their audiences, and we offer clear controls for website owners to manage their content.”
Meanwhile, Google has turned up the heat on news publishers.
An example of AI Overview on a Google search page. Google In June, The Information reported that the company was pitching news publishers on a pilot program to have their sites featured in AI Overviews – but only if they agreed to allow sweeping access to their content for AI training.
Amazon Earnings: What Wall Street Will Be WatchingThe brokerage reiterated its Buy rating and $310 price forecast, citing improving AI positioning, accelerating AWS growth and continued momentum in generative AI services as potential catalysts for the stock in the second half of 2026.
Bank of America now expects Amazon to report second-quarter revenue of $198.8 billion and operating income of $24.1 billion, above Wall Street consensus estimates of $196.8 billion and $23.6 billion, respectively.
The firm also raised its AWS revenue growth forecast to 33% year over year, up from its prior estimate of 31%, driven by growing demand from Anthropic, OpenAI-powered Bedrock services and broader enterprise AI adoption.
AWS Growth Remains The Key FocusAnalysts expect Amazon’s third-quarter revenue guidance to range between $200.5 billion and $205.5 billion, roughly bracketing Street expectations.
They noted that an earlier-than-usual Prime Day will likely create a headwind for third-quarter retail comparisons after shifting some sales into the second quarter.
The firm said investors should focus less on headline earnings and more on AWS growth, cloud margins, AI backlog expansion and commentary around capital spending.
Bank of America believes Amazon’s cloud business continues to strengthen relative to competitors, supported by Bedrock adoption, Trainium chips and growing AI workloads.
AI Spending And Anthropic PartnershipThe brokerage also said Amazon could increase its 2026 capital expenditure outlook to about $210 billion because of higher memory costs and additional AI infrastructure investment.
While that could weigh on near-term sentiment, analysts said stronger cloud demand and improving AI monetization should outweigh those concerns over time.
Bank of America added that Amazon’s expanding relationship with Anthropic could further boost results. The firm estimates Anthropic-related workloads alone could contribute more than $1.5 billion in sequential AWS revenue growth during the quarter, while Amazon’s stake in the AI startup could generate a significant mark-to-market gain.
Wall Street Remains Bullish Ahead Of EarningsAmazon is scheduled to report second-quarter results on July 30.
Wall Street expects earnings of $1.82 per share, up from $1.68 a year earlier. Revenue is projected to reach $196.02 billion, compared with $167.70 billion in the prior-year quarter.
The stock trades at about 29.6 times forward earnings. Analysts maintain a Buy consensus rating with an average price forecast of $320.10. Recent analyst actions include:
Wells Fargo reiterated Overweight and raised its price forecast to $322 on July 21. KeyBanc maintained Overweight and increased its price forecast to $335 on July 16. Wedbush reiterated Outperform with a $293 price forecast on July 16. Amazon ETF ExposureAmazon is a major holding in several exchange-traded funds, including:
Large fund flows into or out of these ETFs can influence Amazon’s share price because of its significant portfolio weighting.
Amazon Price ActionAMZN Stock Price Activity: Amazon.com shares were down 1.47% at $243.91 at the time of publication on Wednesday, according to Benzinga Pro data.
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Akcie Nvidia ve středu vzrostly o více než 3 %, protože investoři čekají na výsledky Alphabetu kvůli signálům o výdajích na AI. Bank of America potvrdila doporučení Buy a cílovou cenu 350 USD.
Nvidia NVDA shares rose over 3% on Wednesday as investors looked ahead to Alphabet's quarterly earnings for fresh insight into artificial intelligence spending, a key driver of demand for the chipmaker's processors.
The gains followed a 2% rally on Tuesday that lifted the broader semiconductor sector.
Advanced Micro Devices and Broadcom also traded about 2% higher on Wednesday.
The broader US market was little changed as rising oil prices tempered investor sentiment.
The S&P 500 edged up 0.1%, the Nasdaq Composite slipped 0.1%, and the Dow Jones Industrial Average gained 152 points, or 0.3%.
Although Nvidia shares have gained nearly 25% over the past year, the stock has underperformed several other semiconductor companies as investors weigh concerns over growing competition and the sustainability of elevated AI chip pricing.
The earnings season is expected to provide a clearer picture of whether major technology companies plan to maintain their current pace of investment in AI infrastructure.
Investor attention has shifted to earnings from major technology companies, beginning with Alphabet's results after Wednesday's market close.
The report is expected to provide additional clarity on artificial intelligence investment plans that could influence demand for Nvidia's chips.
Companies including Microsoft, Meta Platforms, and Amazon are scheduled to report quarterly results this month, with investors closely monitoring capital expenditure guidance as an indicator of future AI infrastructure spending.
Beyond overall spending levels, investors are also expected to scrutinize commentary on the mix of AI hardware purchases.
Large technology companies have increasingly explored custom-designed processors, often developed with partners such as Broadcom, for certain workloads.
While those chips may not match the performance of Nvidia's graphics processing units, they could reduce dependence on third-party suppliers for specific applications.
Bank of America Research maintained a Buy rating and a $350 price target on Nvidia, arguing that the company's recently introduced Vera central processing unit expands its position in artificial intelligence infrastructure.
The bank estimates the server CPU total addressable market could reach $170 billion by 2030, roughly four times current levels.
According to analyst Vivek Arya, the launch of Vera marks the beginning of a direct competition with AMD over how agentic AI workloads should be measured and monetized.
"The key question for investors is whether agentic AI is primarily constrained by time-to-complete an agent or number-of-agents-per-rack," Arya wrote.
Nvidia's Vera architecture is designed around the former approach.
The processor combines 88 custom Olympus Arm-based cores with 1.2 terabytes per second of memory bandwidth and 3.4 terabytes per second of on-die fabric bandwidth.
Vera is intended to operate as part of an integrated AI platform that includes Nvidia's Rubin graphics processing unit, NVLink interconnect, Spectrum networking switches, and BlueField networking and storage interface cards.
Bank of America said its bullish view is based on Nvidia's ability to offer a co-designed AI system rather than a standalone processor.
AT&T Inc. (T) Q2 2026 Earnings Call July 22, 2026 8:30 AM EDT
Company Participants
Brett Feldman - Senior Vice President of Finance & Investor Relations
John Stankey - CEO, President & Chairman
Pascal Desroches - Senior EVP & CFO
Conference Call Participants
Sean Diffley - Morgan Stanley, Research Division
John Hodulik - UBS Investment Bank, Research Division
David Barden - New Street Research LLP
Craig Moffett - MoffettNathanson LLC
Michael Rollins - Citigroup Inc., Research Division
Samuel McHugh - BNP Paribas, Research Division
Peter Supino - Wolfe Research, LLC
Presentation
Operator
Good morning, and welcome to AT&T's Second Quarter 2026 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference call over to our host, Brett Feldman, Treasurer and Head of Investor Relations. Please go ahead.
Brett Feldman
Senior Vice President of Finance & Investor Relations
Thank you, and good morning. Welcome to our second quarter call. I'm Brett Feldman, Treasurer and Head of Investor Relations for AT&T. Joining me on the call today are John Stankey, our Chairman and CEO; and Pascal Desroches, our CFO. Before we begin, I need to call your attention to our safe harbor statement. It says that some of our comments today may be forward-looking. As such, they are subject to risks and uncertainties described in AT&T's SEC filings. Results may differ materially. Additional information as well as our earnings materials are available on the Investor Relations website.
With that, I'll turn things over to John.
John Stankey
CEO, President & Chairman
Thanks, Brett, and good morning, everyone. I do appreciate you joining us today. Earlier this year, we provided an outlook for accelerated growth and execution of our strategy, and that's exactly what we delivered in the second quarter. We gained more than 1 million advanced connectivity subscribers from fiber, fixed wireless and postpaid phones, with all 3
Cars are pictured at the Ford factory in Almussafes near Valencia, Spain June 15, 2018. REUTERS/Heino Kalis/File Photo Purchase Licensing Rights, opens new tab
CompaniesLISBON/MADRID, July 22 (Reuters) - Ford Motor (F.N), opens new tab and China's Geely (0175.HK), opens new tab have struck a landmark deal under which the U.S. automaker will sell part of its Almussafes plant near Valencia, paving the way for Geely to manufacture electric vehicles in Spain, ABC newspaper reported on Wednesday.
Citing sources familiar with the matter, ABC said the announcement is expected during a visit to the Almussafes plant on Thursday by Spanish Prime Minister Pedro Sanchez and Ford Europe President Jim Baumbick.
Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here.
Ford and Geely did not immediately respond to requests for comment emailed outside regular business hours.
ABC said the deal would give Geely, owner of brands including Volvo, Polestar and Lotus, a manufacturing base inside the European Union, helping it to avoid EU tariffs on electric vehicles imported from China while providing direct access to the European market.
For Ford, the deal would cut fixed costs through the shared use of factory infrastructure while helping to safeguard jobs and production at Almussafes, the future of which has been clouded by the phasing out of several models and its dependence on its Kuga model.
The newspaper said the agreement would allow Geely to produce its EX2 electric vehicle at Almussafes.
Reporting by Sergio Goncalves and Victoria Waldersee Editing by David Goodman
Our Standards: The Thomson Reuters Trust Principles., opens new tab
GM má 6,3 miliardy USD odložených tržeb, což odráží rostoucí podíl softwaru a služeb s opakovanými příjmy. GM očekává v roce 2026 více než 3 miliardy USD tržeb ze softwaru a služeb.
Buried in the company’s prepared remarks was a figure that has quietly grown into a multibillion-dollar asset: $6.3 billion in deferred revenue. That growing backlog reflects what CFO Paul Jacobson called GM’s “highly profitable software and services revenue,” a business that continues to expand through connected vehicles, subscriptions and digital services rather than one-time vehicle sales.
The number offers perhaps the clearest sign yet that GM wants investors to think beyond vehicles and begin valuing the company as a recurring revenue business.
GM’s Software Business Is Quietly Getting BiggerAccording to Jacobson, GM expects “more than $3 billion of software and services revenue” in 2026 while ending the year with “$6.3 billion of deferred revenue on our balance sheet.” He also said the company expects “over 1 million new software subscriptions” this year, underscoring the growing contribution of connected vehicle services.
Unlike vehicle sales, which are recognized immediately, deferred revenue represents money that will be recognized over time as customers continue paying for software-enabled features and services. Every new subscription adds to a backlog of future revenue that is already under contract.
The strategy marks a notable shift for a company historically valued on vehicle deliveries and manufacturing scale. Instead, GM is increasingly generating recurring revenue long after customers leave the dealership through connected services, Super Cruise and other digital offerings.
The Bigger Story Isn’t Cars. It’s Recurring Revenue.GM reinforced that strategy elsewhere during the earnings call by expanding one of its flagship software products.
Barra said the company is “making Super Cruise standard on our High Country Silverado and Denali Sierra” while expanding availability across much of the pickup lineup. Beginning with the 2027 model year, she said the move is expected to add “approximately 160,000 incremental Super Cruise units annually.”
For investors, that announcement is about more than a premium driver-assistance feature. Every additional Super Cruise-equipped vehicle creates another opportunity for GM to deepen customer engagement and expand its recurring software business over time.
The deferred revenue balance, meanwhile, offers a tangible measure of that transformation. As Jacobson put it, “Our highly profitable software and services revenue continues to grow,” highlighting a business that is becoming an increasingly meaningful contributor to GM’s earnings profile.
Photo courtesy: Jonathan Weiss / Shutterstock.com
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AbbVie čeká ve 2. čtvrtletí mírný pokles tržeb z onkologie na 1,62 mld. USD, protože růst Venclexty a nových léků má převážit slabost Imbruvicy. Příspěvek Decnupazu má být po květnovém schválení FDA jen omezený.
Key Takeaways AbbVie's Q2 oncology revenues are expected to decline slightly as Imbruvica sales remain under pressure.ABBV expects growth from Venclexta and newer therapies to be offset by continued Imbruvica weakness.Decnupaz may add only a modest Q2 revenue contribution following its FDA approval in May. AbbVie’s (ABBV - Free Report) oncology franchise has evolved considerably in recent years. What was once largely a hematology-focused business has expanded into solid tumors through a series of acquisitions, collaborations and internal innovation. However, the continued decline in Imbruvica sales remains the franchise’s biggest headwind ahead of the company’s second-quarter 2026 results on July 31.
The portfolio currently comprises six marketed therapies. While blood cancer drugs Imbruvica and Venclexta continue to generate the majority of oncology revenues, AbbVie has expanded its portfolio with newer products. These include Epkinly for lymphoma, Elahere for ovarian cancer, Emrelis for lung cancer and, most recently, Decnupaz for blastic plasmacytoid dendritic cell neoplasm (or BPDCN – a rare and aggressive blood cancer).
The Zacks Consensus Estimate for oncology revenues is pegged at $1.62 billion, suggesting a slight decline from the year-ago period. Growth from Venclexta and newer therapies, such as Epkinly, Elahere and Emrelis, is expected to be more than offset by the continued weakness in Imbruvica. Sales of this blockbuster blood cancer drug are likely to remain the franchise's biggest drag as competitive pressure from newer BTK inhibitors and the impact of Medicare IRA pricing continue to weigh on sales.
Since Decnupaz received FDA approval in May, its contribution to second-quarter revenues is expected to be modest.
Competition in the Oncology SpaceOther bigger players in the oncology space are AstraZeneca (AZN - Free Report) , Merck (MRK - Free Report) and Pfizer (PFE - Free Report) .
For AstraZeneca, oncology sales now account for 44% of total revenues. Sales in its oncology segment rose 16% year over year in first-quarter 2026, driven by the strong performance of medicines such as Tagrisso, Lynparza, Imfinzi, Calquence and Enhertu (in partnership with Daiichi Sankyo).
Merck’s key oncology medicines are PD-L1 inhibitor Keytruda and PARP inhibitor Lynparza, which it markets in partnership with AstraZeneca. Keytruda, approved for several types of cancer, alone accounted for roughly half of MRK’s total revenues in first-quarter 2026.
Pfizer’s oncology revenues grew 7% in first-quarter 2026, driven by drugs such as Lorbrena, the Braftovi-Mektovi combination and Padcev. The segment now accounts for more than 26% of Pfizer’s total revenues.
ABBV’s Price Performance, Valuation & EstimatesShares of AbbVie have outperformed the industry year to date, as seen in the chart below.
Image Source: Zacks Investment Research
From a valuation standpoint, AbbVie is trading at a discount to the industry. Based on the price/earnings (P/E) ratio, the company’s shares currently trade at 16.74 times forward earnings, lower than its industry’s average of 18.78.
Image Source: Zacks Investment Research
EPS estimates for 2026 and 2027 have declined over the past 30 days.
Image Source: Zacks Investment Research
AbbVie currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Strata Markets spustila novou strategii EarnUSD postavenou na Lido Finance’s EarnUSD, která využívá PT tokeny s pevným výnosem v senior tranši srUSDe. Strategie zároveň zvyšuje limity pro větší alokace kapitálu.
Strata Markets, the DeFi protocol that slices yield strategies into risk tranches, has rolled out a new allocation strategy built around Lido Finance’s EarnUSD. The setup uses fixed-yield principal tokens on Strata’s senior tranche, loops them through Aave via Twyne, and opens up higher caps for users looking to park more capital.
How the EarnUSD strategy actually works The protocol operates a risk-tranching system that splits investment strategies into two buckets. Senior tranches, labeled srUSDe, are designed for investors who want lower risk and more predictable returns. Junior tranches absorb losses first, acting as a buffer — if something goes sideways, junior tranche holders take the hit before senior tranche holders feel anything.
The new EarnUSD strategy lives on the senior side. It allocates fixed-yield principal tokens, commonly called PT tokens, through the srUSDe tranche. These tokens represent a claim on a fixed return at maturity, similar to how a zero-coupon bond works in traditional finance.
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The strategy uses Aave’s lending protocol, accessed through Twyne, to loop those positions. Looping means depositing an asset as collateral, borrowing against it, and redeploying the borrowed funds back into the same or similar strategy. The result is a strategy that targets stable fixed yields with the junior tranche acting as first-loss capital underneath. Higher allocation caps mean users can deploy more capital into the strategy than previous offerings allowed.
Strata’s growing footprint in structured DeFi The protocol launched its first structured yield products on October 13, 2025, initially centered around Ethena’s USDe stablecoin. Since then, it has built up a total value locked of approximately $77 million as of July 2026.
The announcement of the EarnUSD integration was shared on Lido’s X account on July 22, 2026. Strata’s own X account, @strata_markets, has been active since April 2025 and has served as the primary communication channel for protocol updates.
Why this matters for DeFi investors The integration between Strata, Lido, and Aave highlights a pattern of major DeFi protocols building on top of each other through composability. But it also means risk is interconnected — a vulnerability in Aave’s lending markets could cascade through the Twyne leverage layer and into Strata’s tranches.
For investors weighing this strategy, the key questions are straightforward: What are the actual fixed yields being offered on the PT-srUSDe tokens? How much leverage is Twyne applying through Aave? And what happens to the junior tranche in a stress scenario where the underlying assets lose value quickly? The higher allocation caps allow larger depositors to concentrate more capital into a single strategy, but concentration risk is real, and smart contract risk doesn’t scale down just because the yield strategy is labeled “senior.”
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Palantir Technologies Inc. (NYSE:PLTR) stock fell on Wednesday, driven by targeted regulatory scrutiny regarding its UK National Health Service (NHS) Federated Data Platform (FDP) contract.
The Nasdaq is down 0.21% while the S&P 500 has gained 0.11%, and Technology is the weakest sector on the day (down 0.4%), setting a tougher backdrop for high-multiple software names.
• Palantir Technologies shares are sliding. Why is PLTR stock dropping?
UK Regulator Addresses FDP MetricsThe UK’s Office for Statistics Regulation (OSR) addressed public concerns on Wednesday regarding NHS England’s communication of performance metrics for the FDP.
On June 6, NHS England updated its methods page, adding: "We cannot therefore draw conclusions about cause and effect as other variables have not been controlled for."
The OSR noted that NHS England added the caveat following Freedom of Information requests regarding FDP data analysis. NHS England committed to placing caveats on its main FDP website and commissioning Imperial College to conduct an independent academic evaluation.
Contract Controversies and CriticismThe regulatory developments follow broader scrutiny over the NHS contract.
Jo Maugham, executive director of the Good Law Project, stated: “Palantir is not — and frankly never has been — a company that can be trusted with this nationally important contract.”
Domestic Alternatives In the UKRegional NHS entities have also opted out of the system. In a Guardian letter published on July 20, Dr. Devan Moodley, CEO of Health Connect Global, highlighted that Greater Manchester’s integrated care board declined the platform, relying instead on local capabilities built with UK universities and firms.
Financial Results ApproachingPalantir will report its second-quarter financial results on Aug. 3. Analysts project earnings per share of 33 cents on quarterly revenue of $1.81 billion.
Technical AnalysisFrom a trend perspective, Palantir is still trying to stabilize after a longer downtrend: it’s trading 2.9% below its 50-day SMA ($132.22) and 17.1% below its 200-day SMA ($154.84), keeping the intermediate and long-term bias tilted bearish. The 20-day SMA ($126.81) is just underneath price, but the 20-day remains below the 50-day (bearish), and the Death Cross that formed in February (50-day below 200-day) continues to hang over rallies.
Momentum is best read through RSI, which sits at 47.37 — neutral and consistent with a stock that’s chopping rather than trending strongly.
Key Resistance: $136.50 Key Support: $122.50 PLTR Stock Price Activity: Palantir Technologies shares were down 4.93% at $126.12 at the time of publication on Wednesday, according to Benzinga Pro data.
Image via Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Intuitive Surgical ve 2. čtvrtletí zvýšila opakující se tržby o 19 % na 2,47 miliardy USD, což bylo 85 % celkových tržeb. Počet výkonů da Vinci a Ion vzrostl meziročně o 16 %.
Key Takeaways ISRG's recurring revenue rose 19% to $2.47 billion, accounting for 85% of total revenue.Da Vinci and Ion procedures grew 16%, led by 36% Ion growth and a 61% increase in SP procedures.Intuitive Surgical faces slower U.S. growth, bariatric declines and pressure on China placements. Intuitive Surgical (ISRG - Free Report) remains a procedure-driven growth story built around robotic systems, instruments, services and software.
The central question for investors is whether da Vinci 5, SP, Ion and digital tools can keep expanding clinical reach while offsetting weaker areas such as bariatric surgery, U.S. deferrable procedures and China placements.
ISRG Builds on a Broad Robotic PlatformIntuitive Surgical’s platform spans da Vinci multi-port systems, the da Vinci SP single-port platform and Ion. Da Vinci supports robot-assisted soft tissue surgery across general surgery, urology, gynecology, cardiothoracic care and head and neck specialties.
Ion extends the company into minimally invasive lung biopsy through a flexible, robotic-assisted, catheter-based platform. ISRG is building a broader care ecosystem designed to widen procedure reach across specialties and settings.
Intuitive Surgical Gains From Recurring RevenueRecurring revenue is central to the model because instruments, accessories, leases and services rise with utilization and installed-base growth. In the second quarter of 2026, recurring revenue increased 19% to $2.47 billion.
That represented 85% of total revenue, making the business less dependent on one-time system sales. Instruments and accessories revenues rose 18% to $1.73 billion, while service revenues grew 21% to $472 million.
ISRG Procedure Growth Still Drives the StoryProcedure volume remains the key operating indicator. In the second quarter of 2026, total da Vinci and Ion procedures increased 16% year over year, including 15% da Vinci growth and 36% Ion growth.
International da Vinci procedures rose 20%, with Europe and Asia each up 20%. SP procedures increased 61%, while cardiac and nipple-sparing mastectomy procedures rose 39% and 43%, respectively. Management maintained its 2026 da Vinci procedure growth outlook of 13.5% to 15.5%, with expectations near the midpoint.
Intuitive Surgical Expands the Ecosystem With Digital ToolsSoftware and data are becoming more important to the Intuitive Surgical’s business model. The company began rolling out more than 100 planned da Vinci 5 updates focused on telepresence, simulation-based training and care-team workflow.
It also completed its first My Intuitive+ renewals, covering telepresence, simulation and artificial intelligence-driven case insights. No customer in the initial cohort opted out, suggesting these tools can deepen engagement and make the installed base more valuable.
What ISRG Investors Should Watch NextThe bottom line is that ISRG still has a clear platform-dependent growth scenario. Da Vinci 5 upgrades, Ion adoption, SP growth, recurring revenue and digital tools all support a wider ecosystem.
Risks remain visible. U.S. da Vinci procedure growth moderated to 12% in the second quarter from 14% in the first quarter, bariatric procedures declined at a high-single-digit rate and China remains pressured by lower tender activity, local competition and policy-driven pricing.
Medtronic plc (MDT - Free Report) and Johnson & Johnson (JNJ - Free Report) are relevant comparables for investors tracking surgical robotics and digitally enabled medical technology. Their presence keeps the competitive context important, even as ISRG maintains a competitive moat with high installed systems, improving utilization and procedure-linked revenue as well as strong clinical evidence.
Investors should pair this operating view with ISRG’s current Zacks Rank #2 (Buy) and Zacks Style Scores of B before forming a fuller stock view. The Zacks Rank is a short-term timeliness indicator, while the Style Scores help evaluate value, growth and momentum characteristics. Higher grades, especially A or B, are more favorable when considered alongside top-ranked stocks, but they should be weighed with procedure trends, placement dynamics and margin risks. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
TSMC oznámila rekordní čtvrtletí, ale akcie po zveřejnění výsledků klesly. Firma zároveň zvýšila výhled kapitálových výdajů na fiskální rok 2026 na 60–64 miliard USD.
SummaryTaiwan Semiconductor Manufacturing Company Limited reported another record-breaking quarter, but TSM stock reacted ambivalently despite strong AI-driven revenue growth.HPC now dominates TSMC's revenue mix, with North America contributing 75% of revenue and China below 10%, reflecting increased geographic and segment concentration.TSMC forecasts Q3 2026 revenue of $44.6–45.8 billion and gross margins of 65–67% but faces margin pressure from aggressive U.S. and Taiwan fab expansions.Raised FY 2026 CapEx guidance to $60–64 billion signals significant capital deployment and potential pricing power to offset higher production costs. Getty Images
After Taiwan Semiconductor Manufacturing Company Limited, aka TSMC (TSM), announced its Q2 2026 earnings on the 16th of July, the market’s reaction to the stock has been ambivalent at best, with the stock slipping after
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.
I lead research at an ETP issuer that offers daily-rebalanced products in leveraged/unleveraged/inverse/inverse leveraged factors with various stocks, including some mentioned in this article, underlying them. As an issuer, we don't care how the market moves; our AUM is mostly driven by investor interest in our products.
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.
ServiceNow klesá o 5,9 %, protože slabé výsledky Pegasystems naznačily, že zákazníci odkládají objednávky softwaru kvůli přesunu výdajů do AI. Investoři teď čekají na dnešní výsledky ServiceNow.
Shares of ServiceNow (NOW -6.42%) were pulling back today after disappointing results from Pegasystems (PEGA -17.13%), a small-cap enterprise automation software company, seemed to confirm a concerning trend for ServiceNow, that customers were delaying software orders as they spend on AI.
As of 12:44 p.m. ET, ServiceNow was down 5.9%, while Pegasystems had lost 16.2%, and the iShares Expanded-Tech Software ETF, which tracks top software stocks like ServiceNow, was down 2.7%, showing software stocks were down broadly even as the major indexes were flat.
Image source: Getty Images.
Why the Pegasystems report is bad news for ServiceNow Pegasystems missed estimates on the top and bottom lines as management said, "Unprecedented changes in the AI market caused clients to delay their purchasing decisions."
That commentary and the poor results echo the update from IBM last week, as the legacy tech giant plunged after it warned that several large customer deals were delayed as its customers redirect capital expenditure budgets to AI hardware, with prices for components like memory rising rapidly.
Pega CEO Alan Trefler also said cost uncertainties around generative AI programs were causing companies to be more hesitant, adding that decision cycles have lengthened.
The development has implications for ServiceNow, which relies on similar budgetary spending on its cloud software.
Today's Change
(
-6.42
%) $
-6.56
Current Price
$
95.51
What's next for ServiceNow ServiceNow is due to report second-quarter earnings after the bell, and investors may be expecting to hear similar commentary from the enterprise software giant.
The analyst consensus calls for revenue to grow 22.2% to $3.93 billion, and for adjusted earnings per share to tick up from $0.82 to $0.86.
ServiceNow has been one of the biggest losers in the so-called SaaSpocalypse as software stocks have plunged on fears of AI disruption. The stock is now down more than 50% from its peak in late 2024, even as it's continued to deliver solid results.
Tonight's report comes at a pivotal moment. Expect the stock to swing big one way or the other tomorrow, depending on the results.
Jeremy Bowman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends International Business Machines and ServiceNow. The Motley Fool has a disclosure policy.
Intuit ve spolupráci s Mastercard představil novou firemní kreditní kartu napojenou na QuickBooks. Má pomoci malým firmám spravovat výdaje, úvěr i finanční zdraví na jednom místě.
Intuit has debuted a new small business-focused credit card in collaboration with Mastercard.
The World Elite Business Mastercard, announced Wednesday (July 22), is designed to sync with Intuit’s QuickBooks platform to help businesses manage spending, access credit and get a handle on their financial health from a single place.
“We know businesses don’t have a one-size-fits-all need for capital, which is why we’re building a range of capital solutions on the Intuit platform,” David Hahn, executive vice president and general manager of Intuit’s services group, said in a news release. “The Intuit Business Credit Card introduces a smarter way to power business growth with critical controls and value on every dollar spent. This is an important part of Intuit’s broader commitment to building the capital solutions small businesses need to grow with confidence.”
The release points to in-house findings from Intuit showing that businesses that use financing are almost twice as likely to be “in an active growth phase” than businesses who rely on personal funds.
“Yet many businesses still lack timely access to capital and real-time visibility into their financial health, relying on disconnected tools and manual processes to manage spending, accounting, and financing,” the release said.
Intuit argues its new card addresses this by combining spending, credit, and financial data, allowing for “smarter cash flow control, confident spending, and growth opportunities.”
Research by PYMNTS Intelligence and Mastercard has found that a sizable number of small- to medium-sized businesses (SMBs) don’t use a business credit card, with 30% saying they use personal cards to cover work-related expenses.
“With small businesses alone numbering 36 million in the United States and driving 43.5% of U.S. GDP, it all adds up to a lot of missed opportunity for card issuers,” PYMNTS wrote earlier this year.
More recently, PYMNTS spoke with Ginger Siegel, North America small and medium business lead at Mastercard, about some of the working capital burdens facing SMBs.
“The biggest challenge that small businesses face is really around cash flow uncertainty and everything that cascades from it,” Siegel said in an interview earlier this week, adding that lag times require owners to tap into personal reserves or credit lines.
Siegel went on to say that many businesses also lose purchasing opportunities while waiting for funds to settle, a burden compounded by administrative work that falls to owners who often oversee finance, operations and customer service on their own.
“The card is becoming more than a payment vehicle, and in fact is becoming a salve against those pain points,” PYMNTS wrote.
See More In: credit, credit cards, Intuit, Mastercard, News, partnerships, PYMNTS News, QuickBooks, small businesses, What's Hot, working capital
, /PRNewswire/ -- The Board of Directors of Air Products (NYSE: APD) today declared a quarterly dividend of $1.81 per share of common stock.
The dividend is payable on November 9, 2026 to shareholders of record at the close of business on October 1, 2026.
About Air Products
Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global hydrogen supplier, Air Products develops, engineers, builds, owns and operates some of the world's largest hydrogen projects. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.
Air Products had fiscal 2025 sales of $12.0 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedIn, X, Facebook or Instagram.
Extra Space Storage má za 2. čtvrtletí vykázat meziroční růst výnosů o 3,07 % na 867,4 mil. USD a core FFO na akcii na 2,06 USD. Konkurenční tlak mohl omezit ceny.
Key Takeaways Extra Space Storage is expected to report higher Q2 revenues and FFO per share year over year.EXR's diversified portfolio, strong brand and recession-resilient demand support expected top-line growth.Competitive pressure in the fragmented self-storage market may have weighed on pricing during the quarter. Extra Space Storage (EXR - Free Report) , a leading self-storage real estate investment trust (REIT) in the United States, is set to release its second-quarter 2026 results on July 28, after market close. The company’s quarterly results are likely to display a year-over-year rise in revenues and funds from operations (FFO) per share.
In the last reported quarter, this Salt Lake City, UT-based REIT reported FFO per share of $2.04, surpassing the Zacks Consensus Estimate of $2.01. Results reflected a year-over-year increase in same-store NOI. However, lower occupancy during the quarter was a spoilsport.
The company beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average surprise being 1.11%. The graph below depicts this surprising history:
Factors to Consider & Projections for EXRIn the second quarter, Extra Space Storage is likely to have gained from its high brand value, geographically diversified portfolio and presence in key cities in the United States. The self-storage asset category is need-based and recession-resilient in nature. The self-storage industry continues to benefit from favorable demographic changes. Collectively, these factors are likely to have contributed to the company’s top-line growth.
The Zacks Consensus Estimate of $738.7 million for quarterly property rental revenues suggests an increase from the year-ago period’s $721 million. The consensus estimate for revenues from tenant reinsurance is pegged at $91.3 million, up from the year-ago reported figure of $88.6 million. The consensus mark for management fees and other income for the quarter stands at $34.2 million, slightly up from $32 million in the year-ago period.
The Zacks Consensus Estimate of $867.4 million for quarterly revenues suggests a 3.07% increase year over year.
Extra Space Storage’s activities during the second quarter were adequate to gain analysts’ confidence. The Zacks Consensus Estimate for the quarterly core FFO per share has moved a cent upward to $2.06 over the past two months. It also indicates a 0.5% rise from the year-ago reported figure.
However, EXR operates in a highly fragmented market in the United States, facing intense competition from numerous operators. This competitive environment is likely to have weighed on pricing in the to-be-reported quarter.
What Our Quantitative Model Predicts for EXROur proven model likely predicts a surprise in terms of core FFO per share for Extra Space Storage this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an FFO beat, which is the case here.
Extra Space Storage currently has an Earnings ESP of +0.39% and carries a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Other Stocks That Warrant a LookHere are two stocks from the broader REIT industry — BXP, Inc. (BXP - Free Report) and Cousins Properties (CUZ - Free Report) — that you may want to consider, as our model shows that these have the right combination of elements to report a surprise this quarter.
BXP, which is scheduled to report quarterly results on July 28, has an Earnings ESP of +0.18% and a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Cousins Properties is slated to report quarterly numbers on July 30. CUZ has an Earnings ESP of +0.45% and carries a Zacks Rank of 3 at present.
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.
