Track market-moving stories before they get noisy

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Delta Air Lines (DAL - Free Report) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.

Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.

As such, the Zacks rating upgrade for Delta is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.

For Delta, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.

Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for DeltaFor the fiscal year ending December 2026, this airline is expected to earn $6.66 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for Delta. Over the past three months, the Zacks Consensus Estimate for the company has increased 31%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Delta to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

Marley Kayden discusses General Motors' (GM) latest earnings as shares rally on a beat and raise quarter. She says consumer demand in North America remains strong even as tariffs and an unclear geopolitical backdrop pose last challenges.

Goldman Sachs has created a new platform to expand its offerings for wealthy clients and family offices who increasingly want direct stakes in fast-growing private companies, CNBC has learned.

The new group, called the alternative investments platform, combines Goldman's existing alternatives business with two newly established teams, according to a memo seen first by CNBC.

The new teams focus on direct investments in individual private companies, rather than broader private equity funds, and on helping clients buy and sell those stakes, according to the memo.

"There has been a lot of focus on the big growth tech names and getting clients access to those before they debut in the public markets," Kristin Olson, Goldman Sachs' global head of alternatives for wealth, told CNBC in an interview.

Goldman's move reflects two of the biggest trends reshaping Wall Street. The firm has spent years pushing deeper into wealth and asset management because of its perception as providing steadier revenues than investment banking and trading. At the same time, the most successful startups are staying private far longer than they once did, allowing early investors to capture most of the gains before public investors get a chance.

"Companies are going public at a trillion dollars," Olson said. "If you haven't participated along the way, you're clearly missing a big part of the growth cycle."

AI boomGoldman has been arranging direct investments in later-stage private companies for wealthy clients for roughly two decades, Olson said, pointing to Facebook before its 2012 IPO and later SpaceX, Stripe and Canva. But growth in demand for the asset class convinced executives to break out the business, she added.

The firm's goal, Olson said, is to help clients identify promising companies before they become household names.

Rather than targeting early-stage startups, Olson said Goldman generally focuses on later-stage companies that have established products, meaningful revenue and clearer paths toward profitability, seeking what she described as a "sweet spot" between risk and return.

The AI investment boom has only intensified demand. Beyond leading model developers, Goldman is increasingly steering clients toward investments in the infrastructure underpinning AI, including data centers and related projects, Olson said.

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The announcement comes days after Goldman reported record quarterly revenue, with executives highlighting AI-driven activity across investment banking, trading and financing businesses. The results reinforced investors' view that Goldman is positioned to benefit from multiple facets of the AI investment cycle.

The announcement also formalizes Goldman's growing business helping clients find liquidity for private investments.

Through its new secondary advisory group, the firm plans to expand a marketplace that allows clients to buy and sell private holdings while also advising clients looking to exit investments held outside Goldman.

"We said, let's break that out and let's make it very clearly defined as something that we're leaning into," Olson said.

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Hilton Worldwide Holdings Inc. (HLT - Free Report) , which belongs to the Zacks Hotels and Motels industry.

This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 3.28%.

For the most recent quarter, Hilton Worldwide was expected to post earnings of $1.96 per share, but it reported $2.01 per share instead, representing a surprise of 2.55%. For the previous quarter, the consensus estimate was $2 per share, while it actually produced $2.08 per share, a surprise of 4.00%.

Price and EPS Surprise

For Hilton Worldwide, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Hilton Worldwide has an Earnings ESP of +1.54% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on July 28, 2026.

Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.

Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

I believe Intel Corporation CEO Tan is executing the turnaround quite well. Datacenter, ASICs, and 18A all look better, and the stock reflects that. That's precisely the problem. I now see a real INTC turnaround priced as though the hard part is already done. At 87x forward earnings, there is little room for error. Consensus for Q2 sits just above Intel's own guide. After seven straight revenue beats, simply landing near the midpoint is unlikely to be enough.

NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of International Business Machines Corporation (“IBM” or the “Company”) (NYSE: IBM).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether IBM and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On July 14, 2026, IBM released its financial results for the second quarter of 2026.  IBM announced a disappointing quarter that it attributed to “a shortfall in our Z performance and the associated software stack, primarily in Transaction Processing.”  IBM also disclosed that it had “faltered,” and “did not adapt and move quickly enough” so that “numerous large deals failed to close on the timelines we expected, driving the majority of our shortfall.” 

On this news, IBM’s stock price fell $73.16 per share, or 25.21%, to close at $217.07 per share on July 14, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

Goldman Sachs sees a potential return of triple-digit crude prices on the horizon if disruptions to oil flows out of the Strait of Hormuz don’t ease soon. Analysts at the investment bank estimate that Brent crude oil, the global benchmark price, could top $120 a barrel next quarter and average more than $100 a barrel next year if that key waterway remains disrupted. The recent increase in hostilities between the U.S. and Iran has already driven Brent up over $90 a barrel, a roughly 30% surge from its recent bottom in the low $70s, when it appeared that the two sides had a deal to end hostilities and reopen the Strait.

Here’s a look at the investment bank’s current oil price scenarios and what they mean for oil stocks.

Image source: Getty Images.

Two paths for oil pricesAnalysts at Goldman Sachs recently published a note outlining their outlook for crude prices. The base case is that Brent will average $80 a barrel in the fourth quarter of 2026 and be around $75 next year. This outlook assumes that there’s a de-escalation in hostilities between the U.S. and Iran before the end of this year. Despite recent attacks by both sides, there’s renewed hope that they could take steps to de-escalate the current conflict. Several news outlets recently reported that mediators presented a proposal to Iran that included a 10-day ceasefire to revive peace talks between the countries.

However, while de-escalation is Goldman Sachs’ base case, it now sees upside price risks. Oil flows out of that key waterway have nearly stopped since the recent resurgence in fighting and have averaged 45% below pre-war levels in the last month, according to Goldman’s estimates. That’s driving the bank’s upside scenario. It sees Brent surging past $120 a barrel by the fourth quarter if the Strait remains disrupted. Meanwhile, it sees crude averaging $100 a barrel next year if the disturbance continues throughout 2027, and production in the Persian Gulf doesn’t recover to its pre-war level until the end of the year, when additional oil bypass pipeline capacity comes online.

Oil stocks can thrive in either scenarioGoldman Sachs’ upside scenario for oil prices would be a boon for oil producers. They’d cash in on triple-digit crude prices, enabling them to further strengthen their balance sheets and return more cash to shareholders through higher dividends and share repurchases. However, the bank’s base case for crude prices -- $80 by the fourth quarter and $75 a barrel in 2027 -- is still a great range for oil companies.

For example, Chevron (CVX +0.16%) can thrive at $70 oil. The company initially expected to generate an additional $12.5 billion in free cash flow this year at that oil price point, fueled by its merger with Hess, recently completed expansion projects, and cost-saving initiatives. Given where crude prices have been and Goldman Sachs’ estimates for the rest of this year, Chevron will vastly exceed that projection. Meanwhile, it can grow its free cash flow at a more than 10% annual rate through 2030 at $70 oil, putting it in a position for another strong showing in 2027.

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Fellow oil giant ExxonMobil (XOM +1.80%) can also thrive at lower oil prices. Exxon is in the middle of a multi-year structural cost-savings initiative that has already delivered $15.6 billion in cumulative savings since 2019, with the goal of reaching $20 billion by 2030. The oil giant is also investing heavily in its highest-return, highest-margin assets. These catalysts could add $25 billion in earnings growth and $35 billion in cash flow growth by 2030 at the same prices and margins as 2024. Exxon would produce $145 billion in surplus free cash during this period at $65 Brent. It’s on track to generate a lot more surplus cash over the next year at Goldman’s base case for oil prices.

Even the base case is optimistic for oil stocksGoldman Sachs sees the potential for crude prices to top $120 a barrel next quarter if the U.S. and Iran don’t de-escalate soon. That would enable oil companies like Exxon and Chevron to generate even bigger gushers of excess free cash flow. However, they’d still thrive under its base case. That makes oil stocks compelling investments in the current environment, as they should deliver strong returns in the base case and significant upside in a higher oil price scenario.

Investors looking for stocks in the Internet - Software sector might want to consider either Salesforce (CRM - Free Report) or Adyen N.V. Unsponsored ADR (ADYEY - Free Report) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.

There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.

Right now, Salesforce is sporting a Zacks Rank of #2 (Buy), while Adyen N.V. Unsponsored ADR has a Zacks Rank of #3 (Hold). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that CRM has an improving earnings outlook. But this is just one factor that value investors are interested in.

Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels.

Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.

CRM currently has a forward P/E ratio of 12.31, while ADYEY has a forward P/E of 20.82. We also note that CRM has a PEG ratio of 0.68. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. ADYEY currently has a PEG ratio of 1.25.

Another notable valuation metric for CRM is its P/B ratio of 4.16. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, ADYEY has a P/B of 5.48.

These metrics, and several others, help CRM earn a Value grade of B, while ADYEY has been given a Value grade of D.

CRM sticks out from ADYEY in both our Zacks Rank and Style Scores models, so value investors will likely feel that CRM is the better option right now.

Investors might want to bet on Commerce Bancshares (CBSH - Free Report) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.

Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.

Therefore, the Zacks rating upgrade for Commerce basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.

Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Commerce imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.

Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for CommerceFor the fiscal year ending December 2026, this bank holding company is expected to earn $4.22 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for Commerce. Over the past three months, the Zacks Consensus Estimate for the company has increased 4.1%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Commerce to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

All the fears that worried the market in the past are percolating. Inflationary concerns are rising, with oil prices near a six-week high, more tariffs, and geopolitical tensions in the Middle East unlikely to go away anytime soon. The Federal Reserve is likely to nudge rates higher -- not lower -- the next time it meets. Suddenly, everything that is borrowed is about to be something blue.

It's against this unsettling climate, with consumer confidence hitting a new low before rebounding this summer, that investors might want to consider investing in Costco (COST 0.63%). Yes, Costco.

The country's top warehouse club operator may not seem much of a growth stock. It's also certainly not cheap by most measuring sticks. However, if reality catches up to today's buoyant market later this month, you're probably going to learn the real reason why Costco is worth its market premium.

Image source: Getty Images.

Welcome to Costco, I love you Costco stock is trading for 47 times trailing earnings, a big markup to both the market average and the retailer's own growth. Its revenue multiple may initially seem low at 1.4, but in the low-margin world of groceries and other consumer staples retail, it's a princely premium. If you're an income investor, the stock's 0.6% dividend yield isn't going to ring a dinner bell, even though Costco does reward shareholders with substantially larger special dividends every few years.

The warehouse club operator's appeal in bear markets, if not outright crashes, lies in its resilience. Costco has posted positive net sales growth in 32 of the last 33 years. The one time it fell short was a modest 1.5% decline in 2009 during the Great Recession. It was a stalwart that year, as the U.S. corporate sector saw its revenue plummet 13%.

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You beta, you beta, you bet Costco's beta -- a measure of stock volatility -- clocks in at 0.87, only slightly below the market at 1.00. However, the all-weather retailer's one-year beta is roughly zero. Put another way, over the past year, Costco shares haven't moved in step with the market. If you're worried about a market crash, this lack of correlation should excite you.

In a rising market, Costco investors have experienced a 2% decline. This may not seem bullish, but with Costco's business continuing to expand and its dominance growing, its valuation has become even more compelling than a year ago.

Costco isn't cheap, but it's a safe, recession-resistant stock, if not recession-resilient. You don't typically say that about a company with a paid membership model, but the money it collects from its 82.9 million paid memberships accounts for most of its profit. Shoppers know they are getting a good deal, and that matters even more when the economy is headed in the wrong direction.

Nobody wants the market to crash, but it will inevitably happen several times in your lifespan as an investor. It's good to have Costco on your side, ready for the worst, like an airbag in a car or a flotation device on a boat or a plane.

Key Takeaways T1 Energy is expanding solar manufacturing and entering battery storage through the KORE Power acquisition.First Solar is increasing module capacity while its order backlog extends through 2030.Both companies are positioned to benefit from rising U.S. solar demand and domestic manufacturing expansion. T1 Energy (TE - Free Report) and First Solar (FSLR - Free Report) provide investors with exposure to the growing U.S. solar industry. T1 Energy is an emerging clean energy manufacturer that is in the early stages of building its solar business, while First Solar is the largest and most established solar manufacturer in the United States. Both companies stand to benefit as governments continue to promote domestic clean energy production and supply-chain localization.

The comparison is particularly relevant today because both companies are positioned to benefit from the same long-term industry tailwinds. The U.S. government's emphasis on strengthening domestic solar manufacturing, reducing dependence on imported panels, and expanding renewable energy capacity has created a favorable environment for American solar manufacturers. Companies that can successfully scale domestic production while maintaining competitive costs are likely to benefit from increasing demand over the coming years.

Let us compare the stocks' fundamentals to determine which one is a better investment option at present.

Factors Acting in Favor of TE StockT1 Energy already operates one of the world's largest and most advanced solar module manufacturing facilities while building a 2.1 gigawatt (GW) solar cell plant that will significantly expand its domestic production capacity. Management has indicated that customer demand for the combined output of these facilities already exceeds planned production for 2027 and 2028, suggesting strong market demand, high expected utilization, and improved revenue visibility. Beyond solar manufacturing, the company is expanding into battery energy storage systems (BESS) and energy infrastructure solutions for high-growth markets, such as hyperscale data centers. This diversification broadens its revenue opportunities and positions it to capitalize on multiple long-term energy transition trends.

In June 2026, T1 Energy entered into a definitive agreement to acquire KORE Power, Inc., an established engineering-focused BESS and software solutions provider supporting industrial hyperscaler development. Through this acquisition, the company is expected to gain an established engineering platform with decades of experience in designing, deploying and operating utility-scale battery storage systems, along with deep relationships with utilities, government agencies, developers and industrial customers.

Factors Acting in Favor of FSLR StockFirst Solar has been investing heftily in the production ramp-up of its modules to expand its manufacturing capacity. The company manufactured 4.3 GW in the first quarter of 2026 and sold 3.8 GW of solar modules. With a strong global footprint, First Solar enjoys a solid presence in the United States, India, Malaysia and Vietnam. The company’s new 3.7 GW capacity module finishing line in the United States is expected to commence operations in the fourth quarter of 2026. These vigorous manufacturing capacity expansions will help boost its revenues.

The growth prospects of FSLR remain solid in the United States, thanks to favorable solar demand growth in the nation. The company commenced operations at its fourth and fifth manufacturing facilities in the United States and completed the expansion of its manufacturing footprint at its existing facilities in Ohio. FSLR has added 1.9 GW of gross booking since the previous earnings call and its total booking backlog is 47.9 GW extending through 2030, which indicates a strong demand for its products.

How Do Zacks Estimates Compare for TE & FSLR?The Zacks Consensus Estimate for T1 Energy’s 2026 earnings per share (EPS) indicates growth of 85.28% year over year. 
 

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for First Solar’s 2026 EPS implies growth of 23.43%.

Image Source: Zacks Investment Research

Valuation for TE & FSLRT1 Energy’s shares trade at a forward 12-month price/sales (P/S F12M) of 1.56X compared with First Solar’s P/S F12M of 3.91X.

Image Source: Zacks Investment Research

TE & FSLR Stock’s LiquidityCurrent ratio for TE and FSLR is 1.26 and 2.56, respectively. A ratio of more than one suggests a healthy liquidity position, in which the business can meet its immediate financial obligations without selling long-term assets.

TE & FSLR Stock’s Price PerformanceIn the past three months, shares of T1 Energy and First Solar have risen 18.3% and 10.1%, respectively, compared with the industry’s 4.7% growth.

Image Source: Zacks Investment Research

TE & FSLR: Which Is a Better Choice Now?Expanding manufacturing capacity, strong customer demand, and diversification into battery storage and energy infrastructure position T1 Energy for sustained long-term growth. Ongoing manufacturing expansion, a strong order backlog, and favorable solar demand trends position First Solar for continued revenue growth.

Our choice at the moment is T1 Energy, given its better earnings growth, price performance, and more attractive valuation than First Solar. Both TE and FSLR carry a Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

First Solar, Inc. (FSLR) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit PR Newswire

Realty Income is rated Hold as current prices embed strong long-term growth not fully supported by recent numbers. Q1 2026 AFFO growth was driven mostly by non-recurring items, with core organic rental growth modest and same-store rents lagging inflation. The dividend remains well-covered with a 72% payout ratio and strong occupancy, but dividend growth is slowing and yield has compressed below 5%.

Kraft Heinz's multiyear partnership with Disney expands its brands across theme parks, cruises, streaming, and consumer products, but investors see little reason to change earnings expectations without evidence the deal will boost growth.

If Monday was a tale of divergence, Tuesday brought something rarer: agreement. All three major indexes climbed together, powered by a semiconductor rally that showed no signs of fading.

By 11:31 a.m. ET, the Nasdaq Composite (^IXIC +1.37%) had jumped 1.3%, the S&P 500 (^GSPC +0.85%) was up 0.7%, and the Dow Jones Industrial Average (^DJI +0.69%) had gained 0.6%. The session started with a brief wobble; all three indexes opened in the green but dipped in the first 20 minutes before finding their footing. By late morning, each had hit fresh session highs.

^IXIC data by YCharts

Why chip stocks keep bouncing back Memory chip stocks stole the show on Tuesday. Micron Technology (MU +12.42%) surged 10.1% after Morgan Stanley predicted memory prices could rise 25% on continued AI demand. SK Hynix (SKHY +13.10%), the Korean memory giant that just debuted on the Nasdaq earlier this month, jumped 10.9% as bargain hunters piled in to take advantage of last week's sell-off.

The iShares Semiconductor ETF (SOXX +5.52%) climbed 5.2%, extending Monday's gains. Memory chips led the charge, but the chipmaker rally was broad. Nvidia (NVDA +1.72%) rose 1.5% after releasing new details about its Vera CPU for AI data centers. Advanced Micro Devices (AMD +7.85%) popped 6.1% without much news of its own. If anything, Nvidia's Vera chips pose a new threat to AMD's EPYC server processors; no one said the stock market had to make sense.

Image source: Getty Images.

The Dow got help from an unlikely source. Caterpillar, Monday's biggest drag, reversed course with a 2.7% gain. 3M (MMM +7.12%) extended a post-earnings rally to 9.8% after beating expectations with bullish second-half guidance. Together, the two industrials contributed more than 230 points to the Dow's advance.

President Donald Trump's announcement of 50% tariffs on most Canadian goods barely registered with investors. The duties take effect in 30 days, leaving room for negotiation. Canadian Prime Minister Mark Carney said Ottawa is ready to talk.

Oil prices kept climbing. Brent crude topped $91 per barrel as tankers reportedly caught fire in the Strait of Hormuz. Gold caught a tailwind, too. The SPDR Gold Shares ETF (GLD +1.90%) rose 1.8%, suggesting some investors are hedging their optimism.

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The week is just getting started Tuesday's rally suggests investors remain focused on AI-driven semiconductor demand despite mounting geopolitical and trade uncertainties.

So far, 87% of S&P 500 companies have beaten earnings estimates this quarter. The real tests are coming over the next couple of weeks, with several major names on tap before the weekend. Alphabet and Tesla report on Wednesday. Intel, up 7% Tuesday on news of a new foundry customer, reports Thursday. If AI spending remains robust, the chip rally could have room to run.

For now, Tuesday belongs to the memory makers. The semiconductor sector is reminding investors why it remains the market's most volatile corner, and its most closely watched. Whether the current rally has legs depends on what the earnings calls reveal about demand and pricing power in the months ahead.

Anders Bylund has positions in Alphabet, Intel, Micron Technology, and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Caterpillar, Intel, Micron Technology, Nvidia, Tesla, and iShares Trust-iShares Semiconductor ETF. The Motley Fool recommends 3M. The Motley Fool has a disclosure policy.

Micron (MU +12.42%) stock shot higher for a second straight day Tuesday, soaring 13.4% through 1 p.m. ET.

You can thank Taiwan Semiconductor Manufacturing Company (TSM +5.39%) for that -- and Bank of America, too.

Image source: Micron.

TSMC raises prices Nikkei Asia reports TSMC will raise prices for contract chip manufacturing by "up to 10%" in 2027 (and some prices might spike 20%). Nikkei says TSMC is doing this to offset "rising costs for materials, manufacturing equipment and construction of new overseas chip plants."

But that's just one reason -- the other reason is that TSMC can raise prices.

Just because input prices rise doesn't mean a manufacturer can raise its product prices without losing customers. If customers balk, the manufacturer may need to absorb the higher costs of the more expensive inputs, hurting its profit margin. In light of strong demand for artificial intelligence chips, though, it seems TSMC is comfortable raising prices -- and confident its customers will not flee.

Today's Change

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Current Price

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972.99

Implications for Micron By implication -- because AI chips require lots of memory chips when performing inference functions -- this means Micron can raise its prices, too. So in essence, TSMC has reinforced the bull thesis for Micron stock today.

Separately, Bank of America analyst Vivek Arya addressed concerns that cheap AI models from China might threaten Micron's business... a theory he says is nonsense. Just because Chinese models charge lower prices than American models from Anthropic and OpenAI doesn't mean they're doing so profitably, or that their input costs are lower.

To the contrary, Arya thinks that by using fewer and lower-quality GPUs, Chinese AI companies may actually need to buy more memory chips to answer questions -- not fewer. And if he's right about that, he's just given investors yet another reason to buy Micron stock.

Bank of America is an advertising partner of Motley Fool Money. Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Micron Technology and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy.

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SummaryMicron Technology, Inc. is re-rated as a Buy, driven by AI super-cycle demand and transformative strategic customer agreements (SCAs).MU’s Q3 ’26 revenue surged 346% YoY, with strong margin expansion—operating margin reached 81.2% and is forecasted to peak at 86% in Q4.SCAs now represent ~20% of DRAM and 1/3 of NAND volume, providing multi-year revenue visibility, margin floors, and $22B in financial commitments.Investors are mispricing MU’s profitability; sustainable margins above 60% are likely, supported by tight supply, pricing power, and structural industry change. JHVEPhoto/iStock Editorial via Getty Images

Investment Thesis Since my last coverage, Micron Technology, Inc.’s (MU) stock has been up by over 100%, and since my initial Buy analysis, it is up almost 300%.

To remind readers, in my initial analysis

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in MU:CA, MU over 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.

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.

NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Zillow, Inc. (“Zillow” or the “Company”) (NASDAQ: Z). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

The class action concerns whether Zillow and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

You have until August 10, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Zillow securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.   

[Click here for information about joining the class action]  

On September 30, 2025, the U.S. Federal Trade Commission (“FTC”) filed a complaint (the “FTC Complaint”) against Zillow and Redfin alleging violations of federal antitrust laws arising from, among other things, the Redfin Agreement.  The FTC Complaint alleged that “on February 6, 2025, Zillow and Redfin executed an unlawful agreement to remove competition from [the online rental marketplaces industry], starting with a $100 million payment to Redfin to exit the [Internet Listing Services] market.” 

On this news, Zillow’s Class C common stock price fell $3.49 per share, or 4.33%, to close at $77.05 on September 30, 2025.  The following day, it fell a further $3.57 per share, or 4.63%, to close at $73.48 per share on October 1, 2025.  Meanwhile, Zillow’s Class A common stock price fell Class A common stock fell $3.51 per share, or 4.5%, to close at $74.44 per share on September 30, 2025.  The following day, it fell a further $3.26 per share, or 4.37%, to close at $71.18 per share.

Then, on February 10, 2026, Zillow conducted an earnings call to discuss its financial performance for the fourth quarter of 2025.  During the call, Chief Financial Officer Jeremy Hoffman disclosed that the Company was facing significant “ongoing elevated legal expenses.”

On this news, Zillow Class C stock fell $9.32 per share, or 17.12%, to close at $45.10 per share on February 11, 2026.  The next day, it fell a further $1.40 per share, or 3.1%, to close at $43.70 per share on February 12, 2026.  Meanwhile, Zillow Class A stock fell $9.05 per share, or 16.5%, to close at $45.66 on February 11, 2026.  The following day, it fell a further $1.84, or 4.02%, to close at $43.82 per share on February 12, 2026.

Finally, on May 7, 2026, Reuters published an article entitled “Zillow, Redfin fail to end FTC lawsuit claiming they suppressed rental competition.”  The article reported that a “federal judge rejected [Zillow and Redfin’s] request to end a [FTC] lawsuit accusing them of illegally agreeing to suppress competition for online apartment rental listings.”

On this news, Zillow’s Class C common stock fell $0.85 per share, or 1.9%, to close at $43.68 on May 7, 2026.  The following day, Zillow’s Class C common stock fell a further $2.25 per share, or 5.15%, to close at $41.43 on May 8, 2026.  Meanwhile, Zillow’s Class A stock fell $0.79 per share, or 1.76%, to close at $44.04 on May 7, 2026.  The following day, it fell a further $2.10 per share, or 4.76%, to close at $41.94 on May 8, 2026.  The following trading day, May 11, 2026, Zillow Class A common stock fell a further $1.29, or 3.07%, to close at $40.65 per share.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. 

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT: 
Danielle Peyton 
Pomerantz LLP 
[email protected] 
646-581-9980 ext. 7980 

TSMC could be about to pile even more pain on Big Tech companies, which are already stretching their finances to invest in AI.

Investors choosing between the iShares Global Healthcare ETF (IXJ +0.38%) and the Invesco S&P 500 Equal Weight Health Care ETF (RSPH 0.07%) need to weigh the stability of cap-weighted global giants against an equal-weighted, U.S.-only strategy.

While both funds target the same sector, they take very different approaches. RSPH’s equal-weight strategy means every one of its holdings has a roughly equal allocation in its portfolio. IXJ, by contrast, casts a wider net globally and uses traditional market-cap weighting, which favors the largest pharmaceutical companies.

Snapshot (cost & size)MetricRSPHIXJIssuerInvescoiSharesExpense ratio0.40%0.40%1-year return (as of July 20, 2026)21.01%18.29%Dividend yield0.70%1.47%Beta0.810.52AUM$704.8 million$3.8 billionBeta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-year return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.

The two funds' expense ratios are identical at 0.4%. However, IXJ offers a notably higher dividend for income-seeking investors, with a yield more than double RSPH’s.

Performance & risk comparisonMetricRSPHIXJMax drawdown (5 yr)(21.95%)(18.14%)Growth of $1,000 over 5 years (total return)$1,167$1,251RSPH carries a more aggressive risk profile, with a higher beta and a deeper five-year maximum drawdown than IXJ. That's consistent with its structure -- by giving equal weight to smaller, faster-growing healthcare names, the fund becomes more sensitive to swings in those stocks, for better or worse.

What's insideLaunched in 2001, IXJ provides exposure to a diversified basket of global healthcare equities spanning pharmaceuticals, biotech, and medical devices. The fund holds 110 securities, and its cap-weighted approach results in meaningful concentration at the top. Its largest positions include Eli Lilly and Co. (LLY +1.48%) at 10.9%, Johnson & Johnson (JNJ +0.21%) at 7.0%, and Abbvie (ABBV +0.80%) at 5.1%.

RSPH tracks an index that assigns identical weight to every healthcare company in the S&P 500, reducing the influence of mega-cap giants and increasing the fund's sensitivity to smaller, high-growth names. It holds 60 securities, with top positions in Moderna (MRNA +0.44%) at 2.5%, Bio-Techne Corp. (TECH +0.22%) at 2.2%, and Charles River Laboratories International (CRL 0.56%) at 2.0%. Those weights aren't perfectly even because the index only resets to equal weight at each quarterly rebalance -- stocks that outperform their peers drift to a slightly higher weight, and laggards drift lower, until the next reset. RSPH was launched in 2006.

For more guidance on ETF investing, check out the full guide at this link.

What this means for investorsAs with most ETF comparisons, the best choice here really comes down to what role you want a healthcare ETF to play in your portfolio. IXJ behaves more like a defensive, income-generating fund. Its cap-weighted structure concentrates money in established drugmakers like Eli Lilly, Johnson & Johnson, and AbbVie -- companies with steady cash flows, established products, and a long history of paying dividends. That's fairly typical of global healthcare funds, which tend to gravitate toward the biggest, most stable names by design.

RSPH takes a different tack. By weighting every S&P 500 healthcare stock equally, it hands more influence to smaller, faster-growing companies like Moderna and Bio-Techne -- names with more room to run, but also more room to fall, as reflected in the fund's higher beta and deeper five-year maximum drawdown.

Neither of these approaches is inherently better. These ETFs were simply built for different goals. Retirees or conservative investors leaning on dividend income may find IXJ's steadier, higher-dividend profile more appealing. Investors willing to stomach more volatility in exchange for greater potential upside from smaller, growth-oriented healthcare names may prefer RSPH.

Key Takeaways Danaher beat Q2 earnings and revenue estimates as sales rose 5.5% year over year.DHR's Life Sciences delivered its strongest quarter in years, while core sales rose 3.0%.Danaher raised its 2026 adjusted EPS outlook and expects 3-4% adjusted core sales growth. Danaher Corporation’s (DHR - Free Report) second-quarter 2026 adjusted earnings of $1.94 per share beat the Zacks Consensus Estimate of $1.84. The bottom line increased 7.8% year over year.

Revenues of $6.3 billion surpassed the consensus estimate of $6.09 billion and rose 5.5% year over year. Core sales advanced 3.0%, while core sales excluding respiratory testing increased 4.5%. Acquisitions added 1.5% to reported sales growth, while foreign-currency translation contributed 1.0%. Life Sciences segment delivered its strongest quarter in several years.

DHR’s Segmental DiscussionRevenues from the Life Sciences segment totaled $1.88 billion, up 5.5% year over year. Core sales increased 5.5% year over year. Foreign-currency translations had no impact on sales. Operating profit was $244 million against a loss of $239 million reported in the year-ago quarter.

Revenues from the Diagnostics segment totaled $2.47 billion, up 7.0% year over year. Core sales increased 2.0%, acquisitions contributed 4.0% while foreign currency had a positive impact of 1.0% on sales. Operating profit was $416 million, down 24.9% on a year-over-year basis.

Revenues from the Biotechnology segment totaled $1.92 billion, up 4.0% year over year. Core sales increased 2.5% year over year and foreign-currency translations had a positive impact of 1.5%. Operating profit was $556 million, up 4.7% year over year.

Danaher’s Margin ProfileIn the second quarter, Danaher’s cost of sales increased 10% year over year to $2.65 billion. Gross profit of $3.61 billion increased 2.5% year over year. The gross margin was 57.6% compared with 59.3% in the year-ago quarter.

Selling, general and administrative expenses decreased 12.2% year over year to $2.07 billion. Research and development expenses were $412 million, up 2.2% year over year.

Danaher’s operating profit increased 48.3% year over year to $1.13 billion. Operating margin increased to 18.0% from 12.8% in the year-ago quarter.

DHR’s Balance Sheet & Cash FlowExiting the second quarter, DHR had cash and equivalents of $4.35 billion compared with $4.62 billion at 2025-end. Long-term debt was $25.1 billion at the end of the quarter compared with $18.4 billion at the end of December 2025.

Danaher generated net cash of $2.85 billion from operating activities in the first six months of 2026 compared with $2.64 billion in the previous year’s comparable period. Capital expenditures totaled $506 million in the same period, up 2.6% year over year. Adjusted free cash flow increased 15.5% year over year to $1.27 billion in the first six months of 2026.

In the same period, DHR paid out dividends of $509 million, up 20.3% on a year-over-year basis.

Danaher Raises 2026 EPS ViewFor the third quarter of 2026, Danaher expects adjusted core sales to increase 2-3% on a year-over-year basis.

The metric is anticipated to increase 3-4% on a year-over-year basis in 2026. The company expects adjusted earnings to be $8.45-$8.60 per share compared with $8.35-$8.55 expected earlier.

DHR’s Zacks RankThe company currently carries a Zacks Rank #2 (Buy).

Other Stocks to ConsiderSome other top-ranked companies from the same space are discussed below:

Progyny, Inc. (PGNY - Free Report) currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

PGNY delivered a trailing four-quarter average earnings surprise of 16.1%. In the past 30 days, the Zacks Consensus Estimate for Progyny’s 2026 earnings has increased 3.6%.

Avantor, Inc. (AVTR - Free Report) currently carries a Zacks Rank #2 (Buy). AVTR delivered a trailing four-quarter average earnings surprise of 0.7%.

In the past 30 days, the Zacks Consensus Estimate for Avantor’s 2026 earnings has remained steady.

CVS Health Corporation (CVS - Free Report) currently carries a Zacks Rank of 2. CVS delivered a trailing four-quarter average earnings surprise of 16.8%.

In the past 30 days, the Zacks Consensus Estimate for CVS Health’s 2026 earnings has increased 0.7%.

Terrain Minerals Ltd (ASX:TMX, OTC:TMXAF, FRA:T4Y) advanced its flagship Smokebush Gold and Silver Project toward a maiden mineral resource estimate during the June 2026 quarter, supported by high-grade drilling results, completed technical studies and new exploration targets across its Western Australian portfolio.

At the Lightning prospect, Terrain completed 29 reverse circulation holes for 5,309 metres, testing extensions to the known gold system along strike and at depth.

Standout intersections included 8 metres at 6.87 g/t gold from 76 metres, including 5 metres at 10.06 g/t, and 7 metres at 7.08 g/t from 217 metres, including 1 metre at 21.80 g/t.

Other results included 5 metres at 3.26 g/t gold from 196 metres and 11 metres at 2.61 g/t from 86 metres.

The drilling confirmed continuity across the Lightning and Monza structures and indicated the possible emergence of a third mineralised zone, providing further targets for follow-up drilling. 

Lightning resource work nears completion Terrain also completed four diamond holes for 671 metres, comprising 340 metres of RC pre-collars and 331 metres of diamond tails.

The program delivered density measurements and structural data required for the planned maiden “starter” mineral resource estimate at Lightning.

Diamond drilling returned a high-grade intercept of 3.4 metres at 4.96 g/t gold from 213.6 metres, including 1 metre at 10.93 g/t, supporting the continuity of mineralisation at depth.

Metallurgical test work commenced during the quarter, with early geological assessment indicating the gold is unlikely to be refractory and may be suited to a conventional processing route.

Terrain also completed flora and fauna surveys, a differential GPS survey and topographic drone work, while submitting an application for a roughly seven-kilometre haul road connecting the mining lease with the Warriedar Coppermine Road.

The company said mining studies would begin alongside continued exploration following completion of the initial resource estimate.

Wildflower drilling supports emerging gold camp First-pass drilling at the nearby Wildflower area intersected gold across the Wildflower, T16 and Cota targets.

Terrain drilled 13 RC holes for 2,276 metres, with gold recorded in eight holes.

Key results included 1 metre at 6.05 g/t gold from 171 metres at Wildflower and 1 metre at 4.38 g/t gold with 20.34 g/t silver from 140 metres at Cota.

The strongest intersections were generally encountered below 130 metres, mirroring the depth profile observed at Lightning.

Terrain said the results supported its induced polarisation targeting strategy and strengthened the potential for multiple deposits associated with the Mt Mulgine intrusive system.

The company also expanded an IP survey over the granted Lightning mining lease to test the Hurley, Paradise City and T17 prospects for repetitions of Lightning-style mineralisation.

Rare earth and gold targets broaden portfolio Subsequent to quarter-end, Terrain reported results from a 35-hole aircore campaign at the Lort River Rare Earth Elements Project near Esperance.

Rare earth mineralisation was identified in 25 holes, led by 8 metres at 3,349 ppm total rare earth oxides from 27 metres, including 6 metres at 4,230 ppm and a peak three-metre composite of 5,568 ppm.

The higher-grade zone contained a strong heavy rare earth component, including dysprosium and terbium, while several holes ended in mineralisation.

Terrain is progressing single-metre assays and evaluating deeper reverse circulation drilling to support future resource definition.

At the Carlindie Project near Port Hedland, a first-pass soil program defined a coherent gold-pathfinder anomaly measuring about 4 kilometres by 3 kilometres.

The anomaly coincides with a concealed greenstone target independently identified through machine-learning-assisted bedrock mapping.

Terrain plans field reconnaissance around a high-intensity bismuth-tungsten feature, followed by a CSIRO UltraFine+ soil program from August 2026.

Placement supports exploration programs Terrain completed a A$1.5 million placement during the quarter through the issue of about 375 million shares at A$0.004 each.

Funds have been directed toward the Lightning resource and mining studies, further work at Lort River and Carlindie, and general working capital.

The company finished the quarter with A$1.39 million in cash after spending A$868,000 on exploration and evaluation activities.

About Terrain Minerals Terrain Minerals is an exploration company with projects across Western Australia and Queensland.

Its principal focus is the 100%-owned Smokebush Gold and Silver Project in the Murchison region of Western Australia, where Lightning is the company’s most advanced target and Wildflower provides additional district-scale exploration potential.

Terrain’s wider portfolio includes the Larin’s Lane gallium and rare earth project, the Lort River rare earth project, the Carlindie lithium and gold project and the Biloela gold and copper project in Queensland.

NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Intuit Inc. (“Intuit” or the “Company”) (NASDAQ: INTU) and certain officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 26-cv-07086, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Intuit securities between August 22, 2025 and May 20, 2026, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are an investor who purchased or otherwise acquired Intuit securities during the Class Period, you have until September 8, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

[Click here for information about joining the class action]

Intuit provides financial management, payments and capital, compliance, and marketing products and services in the United States. The Company has four reportable business segments: (i) Global Business Solutions; (ii) Consumer; (iii) Credit Karma; and (iv) ProTax.  Intuit’s Consumer segment provides do-it-yourself (“DIY”) and assisted income tax preparation products and services under the “TurboTax” brand name, whereas its ProTax segment provides tax-preparation software products and electronic tax filing, payment, and related products and services.  The Company sells its products and services through direct sales channels, multichannel shop-and-buy experiences, mobile application stores, and partner and other channels.

At all relevant times, Defendants touted purportedly significant “momentum” across Intuit’s various business segments, particularly with respect to its tax-related business.  Defendants attributed this purported “momentum” to, inter alia, Intuit’s purportedly significant competitive advantages, including integration of artificial intelligence (“AI”) in its business and operations.

For example, in August 2025, Defendants provided financial guidance for Intuit’s fiscal full year (“FY”) of 2026, ended July 31, 2026, including 8% revenue growth in its TurboTax business, citing “outstanding execution across our platform” and “breakthrough adoption in assisted tax” as a result of the aforementioned purported competitive advantages.

The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects.  Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) they had overstated Intuit’s competitive advantages and growth, as well as the overall strength and sustainability of its business model and operations; (ii) in reality, Intuit was losing significant business in its tax-related business, particularly in its TurboTax business, as a result of, inter alia, increasing competitive and pricing pressures; (iii) accordingly, Intuit’s previously issued FY 2026 TurboTax revenue growth guidance was unreliable and/or unrealistic; and (iv) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

The truth began to emerge on May 20, 2026, when, during pre-market hours, Reuters published an article entitled “Intuit to cut 17% of global jobs to streamline operations, memo shows”.  Citing an internal Company memorandum and email from Defendant Sasan K. Goodarzi (“Goodarzi”), Intuit’s Chairman and Chief Executive Officer, to staff earlier in the day, the article reported that “Intuit . . . is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus on its key bets including its AI efforts[.]”  The article further revealed that Intuit “is also winding down its Reno and Woodland Hills offices as ⁠part of a strategic restructuring to consolidate teams in key hubs, according to the memo.”

On this news, Intuit’s stock price fell $15.78 per share, or 3.95%, to close at $383.93 per share on May 20, 2026.

The same day, during post-market hours, Intuit issued a press release announcing its fiscal third quarter (“Q3”) 2026 results.  Therein, Defendants reported weak Q3 2026 tax season revenue, including, inter alia, TurboTax revenue that grew by only 7% year-over-year, versus consensus estimates of at least 8% revenue growth.  During the accompanying earnings call held the same day, also during post-market hours, Defendant Sandeep S. Aujla, Intuit’s Executive Vice President and Chief Financial Officer, acknowledged that, with respect to TurboTax, “we did not have the overall tax season we expected[.]”  On the same call, Defendant Goodarzi likewise stated that he was “dissatisfied with our performance”, noting “[w]e faced pressure among the most price-sensitive DIY filers earning less than $50,000 a year”, and that “[w]e lost on price.”  Defendant Goodarzi also revealed that TurboTax online paying units were expected to grow by only 2% as total Internal Revenue Service filers were expected to decline by approximately 30 basis points, representing the “most significant industry-wide contraction since the post-COVID tax season.”  Accordingly, Defendant Goodarzi acknowledged that “we expect TurboTax to grow 7% for the full year”—down from Defendants’ prior guidance of 8% growth—and that, “[t]o reaccelerate this part of our business,” Defendants will need to “evolve our business model by delivering the right lineups and price points to meet simple filers’ needs at the low end and lean into the power of our broader Consumer platform to monetize beyond tax.”

Following these disclosures, Intuit’s stock price fell $76.86 per share, or 20.02%, to close at $307.07 per share on May 21, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising.  Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

The UK is hosting the Farnborough International Air Show, a key gathering of leaders in the aerospace industry. Wes Streeting, the new UK Defence Secretary, has set aside billions for space capabilities.