Track market-moving stories before they get noisy

Corning and Qualcomm rallied on Tuesday and brought a host of AI-related stocks along with them, as a pair of infrastructure deals lifted Wall Street's confidence that data center spending will remain strong.

Chipmakers Intel and Advanced Micro Devices gained 9% and 6% respectively, while Hewlett Packard Enterprise climbed 8% and photonics company Coherent added 7%.

All of those companies have been massive winners for investors this year, with HPE and AMD more than doubling in value and Intel almost tripling, as the artificial infrastructure buildout expands to companies beyond Nvidia.

Corning, the glassmaker whose fiber-optic technology is becoming a key piece of AI data centers, jumped 8% on Tuesday bringing its gain for the year to 90%. The company said it's entering into a multibillion-dollar partnership with Verizon to build fiber-optic cables for AI connectivity. -

In June, Corning struck a multibillion-dollar deal with Amazon, a month after Nvidia promised to invest up to $3.2 billion in the company to build three new fiber-optic manufacturing facilities in North Carolina and Texas.

Meanwhile, Qualcomm said in a filing on Tuesday that it issued warrants to Amazon, allowing the cloud giant to acquire up to $4 billion worth of stock in the chipmaker. It's part of a pact between the two companies to build out AI infrastructure, with Amazon Web Services purchasing up to $60 billion worth of Qualcomm's server chips and other technology.

Qualcomm CFO Akash Palkhiwala said on Tuesday at the Goldman Sachs Communacopia + Technology Conference in San Francisco that revenue from manufacturing chips for Amazon will start to be realized n the December quarter, and will be one of the "core components" in helping the company meet its $15 billion data center revenue target for fiscal 2029.

At its investor day in June, Qualcomm said it was working with two unnamed data center companies. One of those was Amazon. Palkhiwala said Tuesday that the company is "similarly proceeding with the other data center customer."

AMD CFO Jean Hu also spoke at the Goldman event. She said that the total addressable market will now hit $3 trillion by 2030, after CEO Lisa Su said in July that the semiconductor industry would reach $2 trillion through 2028.

The frenzy for AI stocks comes as issues surrounding AI and data centers are at their most divisive. According to a May 2026 Gallup poll, 71% of Americans oppose data centers being built in their communities. That's translated directly into financial risk, with Anthropic poised to list negative public opinion towards AI and data centers as a risk factor in its forthcoming IPO prospectus.

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The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about DraftKings (DKNG - Free Report) .

DraftKings currently has an average brokerage recommendation (ABR) of 1.61, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 37 brokerage firms. An ABR of 1.61 approximates between Strong Buy and Buy.

Of the 37 recommendations that derive the current ABR, 25 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 67.6% and 8.1% of all recommendations.

Brokerage Recommendation Trends for DKNG

Check price target & stock forecast for DraftKings here>>>

The ABR suggests buying DraftKings, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.

Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.

This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.

Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.

ABR Should Not Be Confused With Zacks RankIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.

The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.

On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.

There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.

Should You Invest in DKNG?Looking at the earnings estimate revisions for DraftKings, the Zacks Consensus Estimate for the current year has declined 4.5% over the past month to $0.99.

Analysts' growing pessimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates lower, could be a legitimate reason for the stock to plunge in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for DraftKings. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, it could be wise to take the Buy-equivalent ABR for DraftKings with a grain of salt.

NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Wix.com Ltd. (“Wix” or the “Company”) (NASDAQ: WIX) on behalf of investors that purchased or otherwise acquired Wix securities between February 19, 2025 and May 12, 2026 (the “Class Period”).

CLICK HERE TO JOIN THE CASE

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

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than September 22, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

According to the complaint, Wix and the other defendants “consistently represented throughout the Class Period that Wix’s purported leadership in AI-powered web development set it apart from competitors with similar offerings.” However, in reality, according to the complaint, “the Company’s costs were accelerating at an alarming rate as it struggled to maintain its relevance in this market, particularly as competing AI technologies and services were increasingly outpacing the capabilities of Wix’s own products.”

Then, on May 13, 2026, according to the complaint, Wix reported its first quarter 2026 results, including earnings and revenue below consensus expectations, and a sharp decline in operating margins that it largely attributed to softness in its professional developer business. On this news, Wix’s stock price fell $20.56 per share, or 27.1%, to close at $55.32 per share on May 13, 2026.

WHY CONTACT KAPLAN FOX?

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

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

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

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

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

CONTACT:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
[email protected]

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704
[email protected]

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/wix-com-ltd-class-action-alert-learn-more-now/

New York, New York--(Newsfile Corp. - September 8, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Wix.com Ltd. ("Wix" or the "Company") (NASDAQ: WIX) on behalf of investors that purchased or otherwise acquired Wix securities between February 19, 2025 and May 12, 2026 (the "Class Period").

CLICK HERE TO JOIN THE CASE

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

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than September 22, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

According to the complaint, Wix and the other defendants "consistently represented throughout the Class Period that Wix's purported leadership in AI-powered web development set it apart from competitors with similar offerings." However, in reality, according to the complaint, "the Company's costs were accelerating at an alarming rate as it struggled to maintain its relevance in this market, particularly as competing AI technologies and services were increasingly outpacing the capabilities of Wix's own products."

Then, on May 13, 2026, according to the complaint, Wix reported its first quarter 2026 results, including earnings and revenue below consensus expectations, and a sharp decline in operating margins that it largely attributed to softness in its professional developer business. On this news, Wix's stock price fell $20.56 per share, or 27.1%, to close at $55.32 per share on May 13, 2026.

WHY CONTACT KAPLAN FOX?

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

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

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

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

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

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/wix-com-ltd-class-action-alert-learn-more-now/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313403

Source: Kaplan Fox & Kilsheimer LLP

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

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NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Wix.com Ltd. (“Wix” or the “Company”) (NASDAQ: WIX) and certain officers. The class action, filed in the United States District Court for the Northern District of Illinois, and docketed under 26-cv-08852, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Wix securities between February 19, 2025 and May 12, 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 Wix securities during the Class Period, you have until September 22, 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]

Wix operates a cloud-based web development platform.  The Company offers various services that allow users to create, customize, and manage professional websites.

Given Wix’s core business, the Company has, at all relevant times, endeavored to remain competitive by providing its customers with artificial intelligence- (“AI”) powered offerings.  For example, in February 2025, Defendants touted Wix’s purportedly “innovati[ve]” AI technologies and solutions as a key competitive advantage the Company enjoyed.  Further, in June 2025, Wix acquired Base44, a so-called “vibe coding” platform designed to enable users to build apps and websites simply by typing descriptions, without the need for any coding experience.  Then, in January 2026, Wix launched Wix Harmony, intended to be the Company’s flagship AI site builder, with features designed to allow users to generate website designs, content, and layouts automatically based on their preferences.

Defendants consistently represented throughout the Class Period that Wix’s purported leadership in AI-powered web development set it apart from competitors with similar offerings.  In reality, the Company’s costs were accelerating at an alarming rate as it struggled to maintain its relevance in this market, particularly as competing AI technologies and services were increasingly outpacing the capabilities of Wix’s own products.

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) Wix had overstated the competitiveness and performance of its AI product offerings relative to those offered by other companies; (ii) Wix had understated the costs associated with developing and promoting its AI product offerings; (iii) accordingly, Defendants overstated the commercial and financial benefits of Wix’s AI product offerings; and (iv) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

The truth began to emerge on May 21, 2025, when Wix issued a press release reporting its financial results for the first quarter (“Q1”) of 2025.  Although the Company reported a 12% year-over-year increase in bookings, Wix maintained its 2025 revenue guidance in the range of $1.97 billion to $2 billion, falling short of analyst expectations.  This conservative full-year guidance fueled investor and analyst concerns regarding Wix’s business and financial prospects and competition.

On this news, Wix’s stock price fell $29.40 per share, or 16.18%, to close at $152.34 per share on May 21, 2025.

On November 19, 2025, Wix reported its financial results for the third quarter of 2025.  Among other items, Wix reported that its rising post-acquisition costs to support Base44 were having a material negative impact on the Company’s financial results and mitigating the positive impacts of AI-related tailwinds.  Wix further revealed that these costs were generally comprised of AI compute and marketing costs.

On this news, Wix’s stock price fell $25.22 per share, or 19.87%, to close at $101.70 per share on November 19, 2025.

On March 27, 2026, JPMorgan issued a report on Wix, downgrading it to an “Underweight” from “Neutral” rating, and cutting its price target (“PT”) on the Company to $91.00 from $114.00.  JPMorgan explained that “our conviction to the investment case has diminished on signs of core business revenue growth deceleration”, while expressing concern “that margin improvement will be slower and more volatile than investors anticipate.”

On this news, Wix’s stock price fell $2.37 per share, or 2.65%, to close at $87.14 per share on March 27, 2026.

On April 2, 2026, UBS likewise issued a report on Wix, downgrading it to a “Neutral” from “Buy” rating, and cutting its PT on the Company to $96.00 from $145.00, “after re-evaluating its growth algorithm for the core business and its margin profile.”

On this news, Wix’s stock price fell $8.55 per share, or 9.45%, to close at $81.95 per share on April 2, 2026.

On April 7, 2026, Citizens issued an investor note on Wix, downgrading it to a “Market Perform” from “Market Outperform” rating based on, inter alia, increased costs associated with Base44 and competition concerns.

On this news, Wix’s stock price fell $3.26 per share, or 3.87%, to close at $80.99 per share on April 7, 2026.

Then, on May 13, 2026, Wix reported its Q1 2026 results, including earnings and revenue below consensus expectations, and a sharp decline in operating margins that it largely attributed to softness in its professional developer business.  On a related earnings call held the same day, Defendants acknowledged that Wix’s professional developer customers were using competing AI tools, the Company’s new Wix Harmony platform had “holes” and “missing capabilities,” there had been delays in delivering product updates and innovation to professional developer customers, and as a result the Company had fallen behind “the workflow and the needs of” professional developers.

On this news, Wix’s stock price fell $20.56 per share, or 27.1%, to close at $55.32 per share on May 13, 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

Wix.com Ltd. (WIX) Presents at Citi's 2026 Global TMT Conference Transcript

NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Wix.com Ltd. (NASDAQ: WIX) between February 19, 2025 and May 12, 2026, inclusive (the “Class Period”), of the important September 22, 2026 lead plaintiff deadline.

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

WHAT TO DO NEXT: To join the Wix class action, go to https://rosenlegal.com/cases/wixcom-ltd/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 22, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Wix had overstated the competitiveness and performance of its AI product offerings relative to those offered by other companies; (2) Wix had understated the costs associated with developing and promoting its AI product offerings; (3) accordingly, defendants overstated the commercial and financial benefits of Wix’s AI product offerings; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

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

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

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

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

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

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com

NEW YORK and NEW ORLEANS, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in Wix.com Ltd. (“Wix” or the “Company”) (NasdaqGS: WIX) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors who purchased or otherwise acquired Wix securities between February 19, 2025 and May 12, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of Illinois.

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

https://www.ksfcounsel.com/cases/nasdaqgs-wix/

Wix investors should contact KSF Managing Partner Lewis Kahn toll-free at 1-833-538-3616 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-wix/ to learn more.

>>>CLICK HERE for more information

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

The alleged false and misleading statements and/or omissions include, but are not limited to, that: (i) the Company had overstated the competitiveness and performance of its AI product offerings relative to those offered by other companies; (ii) the Company had understated the costs associated with developing and promoting its AI product offerings; (iii) accordingly, Defendants overstated the commercial and financial benefits of Wix’s AI product offerings; and (iv) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

The case is Yappi v. Wix.com Ltd., et al., No. 26-cv-08852.

WHAT TO DO? If you invested in Wix and suffered a loss during the relevant time frame, you have until September 22, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff.

>>>To Learn More, Click HERE

About Kahn Swick & Foti, LLC

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

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

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

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

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-833-538-3616
1100 Poydras St., Suite 960
New Orleans, LA 70163

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Legal & General Group Plc acquired a new position in Kosmos Energy Ltd. (NYSE:KOS – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 351,680 shares of the oil and gas producer’s stock, valued at approximately $742,000. Legal & General Group Plc owned 0.06% of Kosmos Energy as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in KOS. Equinox Partners Investment Management LLC grew its holdings in Kosmos Energy by 6.2% in the 1st quarter. Equinox Partners Investment Management LLC now owns 20,678,033 shares of the oil and gas producer’s stock valued at $57,485,000 after buying an additional 1,208,053 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Kosmos Energy by 2.0% during the third quarter. Vanguard Group Inc. now owns 14,320,597 shares of the oil and gas producer’s stock worth $23,772,000 after buying an additional 286,593 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Kosmos Energy by 19.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 12,045,593 shares of the oil and gas producer’s stock worth $10,930,000 after buying an additional 1,962,936 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Kosmos Energy by 8.0% in the fourth quarter. Geode Capital Management LLC now owns 11,272,318 shares of the oil and gas producer’s stock valued at $10,230,000 after acquiring an additional 832,029 shares during the period. Finally, Invesco Ltd. boosted its position in shares of Kosmos Energy by 3.0% in the third quarter. Invesco Ltd. now owns 9,903,093 shares of the oil and gas producer’s stock valued at $16,439,000 after acquiring an additional 289,626 shares during the period. Institutional investors and hedge funds own 95.33% of the company’s stock.

Insider Activity In related news, CFO Nealesh D. Shah sold 45,980 shares of the company’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $2.05, for a total value of $94,259.00. Following the sale, the chief financial officer owned 1,935,410 shares of the company’s stock, valued at $3,967,590.50. The trade was a 2.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Andrew G. Inglis sold 85,935 shares of the stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $2.05, for a total transaction of $176,166.75. Following the completion of the transaction, the chief executive officer directly owned 4,678,043 shares of the company’s stock, valued at $9,589,988.15. This trade represents a 1.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 169,012 shares of company stock worth $346,475. 1.90% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes KOS has been the topic of a number of research reports. Mizuho raised shares of Kosmos Energy to a “strong sell” rating in a research report on Friday, July 31st. Stephens reduced their price target on shares of Kosmos Energy from $3.00 to $2.40 and set an “equal weight” rating for the company in a report on Tuesday, July 21st. Royal Bank Of Canada lowered shares of Kosmos Energy to a “neutral” rating in a research report on Wednesday, May 27th. Wall Street Zen upgraded shares of Kosmos Energy from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Kosmos Energy in a report on Monday, August 3rd. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $2.53. Read Our Latest Report on KOS

Kosmos Energy Stock Performance KOS opened at $2.79 on Tuesday. The stock has a market cap of $1.66 billion, a PE ratio of -2.34, a P/E/G ratio of 0.21 and a beta of 0.73. The company has a current ratio of 0.59, a quick ratio of 0.38 and a debt-to-equity ratio of 3.58. Kosmos Energy Ltd. has a 1 year low of $0.84 and a 1 year high of $3.34. The stock’s 50 day simple moving average is $2.53 and its 200-day simple moving average is $2.62.

Kosmos Energy (NYSE:KOS – Get Free Report) last issued its earnings results on Monday, August 3rd. The oil and gas producer reported $0.11 EPS for the quarter, topping the consensus estimate of $0.09 by $0.02. The firm had revenue of $607.25 million during the quarter, compared to analysts’ expectations of $483.23 million. Kosmos Energy had a negative return on equity of 17.73% and a negative net margin of 33.98%. Sell-side analysts forecast that Kosmos Energy Ltd. will post 0.45 EPS for the current year.

Kosmos Energy Company Profile (Free Report)

Kosmos Energy Ltd. is an independent oil and gas exploration and production company headquartered in Dallas, Texas. Since its founding in 2003, the company has focused on identifying and developing hydrocarbon reserves in frontier and emerging basins around the world. Kosmos combines geological and geophysical expertise with a disciplined approach to acreage acquisition and partner selection to pursue high‐impact offshore exploration opportunities.

The company’s portfolio is anchored by assets in West Africa and the Gulf of Mexico.

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New York, New York--(Newsfile Corp. - September 8, 2026) - Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against FuelCell Energy, Inc. ("FuelCell" or the "Company") (NASDAQ: FCEL).

CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION

If you are a FuelCell investor and have suffered losses, or if you have information that could assist in the FuelCell investigation, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

On June 24, 2026, FuelCell announced a "strategic agreement" with Fit Energy USA LP ("Fit Energy") to manufacture, sell and deliver carbonate fuel cell block systems "for up to 380 megawatts (MW) of clean, baseload on-site power for data centers using FuelCell Energy's utility-scale fuel cell technology[,]" including "an immediate deposit for an initial 30 MW of power scheduled to begin delivery later this year."

On or around July 9, 2026, FuelCell completed an underwritten public offering of common stock, selling over 12 million shares at $21 per share for net proceeds of about $245.5 million

Then, on September 2, 2026, FuelCell reported financial results for fiscal third quarter 2026 for the quarter ending July 31, 2026. During the earnings calls, FuelCell's Chief Financial Officer ("CFO") disclosed that the "the primary driver" of the Company's "gross loss of $24.5 million in the third quarter of fiscal 2026 compared to a gross loss of $5.1 million in the third quarter of fiscal 2025" was "$17 million of charges recorded during the quarter, consisting of approximately $4 million to reduce the carrying value of certain inventories to net realizable, and approximately $13 million for losses on firm purchase commitments." Further, FuelCell's CFO stated "[b]oth were recorded in connection with Phase 0 of our CEPA with [Fit Energy] due to the fact that our current product costs and manufacturing overhead exceed the contractual pricing established under that agreement."

Following this news, the price of FuelCell stock fell $2.68 per share, or 15.7%, to close at $14.40 per share on September 2, 2026.

WHY CONTACT KAPLAN FOX?

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

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

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

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

If you have any questions about this investigation, please contact:

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/fuelcell-energy-inc-nasdaq-fcel-investor-alert-learn-more-now/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313441

Source: Kaplan Fox & Kilsheimer LLP

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NEW YORK--(BUSINESS WIRE)---- $FCEL #ClassActionLawsuit--The law firm of Kirby McInerney LLP reminds investors of its investigation on behalf of FuelCell Energy, Inc. (“FuelCell” or the “Company”) (NASDAQ: FCEL) investors concerning the Company's and/or members of its senior management's possible violation of the federal securities laws or other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] What Happened? On September 2, 2026, FuelCell filed its Quarterly Report, disclosing approximately $17 million in i.

Rithm (RITM - Free Report) ended the recent trading session at $9.95, demonstrating a -1.29% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.58%. Meanwhile, the Dow lost 1.18%, and the Nasdaq, a tech-heavy index, lost 0.32%.

Prior to today's trading, shares of the real estate investment trust had lost 0.3% lagged the Finance sector's gain of 0.23% and was narrower than the S&P 500's loss of 0.36%.

Analysts and investors alike will be keeping a close eye on the performance of Rithm in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.51, signifying a 5.56% drop compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.47 billion, indicating a 33.3% increase compared to the same quarter of the previous year.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.26 per share and a revenue of $5.84 billion, signifying shifts of -3.83% and +33.21%, respectively, from the last year.

It is also important to note the recent changes to analyst estimates for Rithm. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.8% rise in the Zacks Consensus EPS estimate. Rithm is holding a Zacks Rank of #3 (Hold) right now.

Looking at valuation, Rithm is presently trading at a Forward P/E ratio of 4.46. This valuation marks a discount compared to its industry average Forward P/E of 11.91.

One should further note that RITM currently holds a PEG ratio of 0.64. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Financial - Miscellaneous Services industry was having an average PEG ratio of 1.12.

The Financial - Miscellaneous Services industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 157, finds itself in the bottom 37% echelons of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Longtime SiriusXM leader will advance the Company's product experiences and technology strategy 

, /PRNewswire/ -- SiriusXM (NASDAQ: SIRI) today announced that Sean Gibbons has been promoted to Senior Vice President, Chief Product and Technology Officer, reporting to Chief Executive Officer Jennifer Witz and joining the Company's Executive Leadership Team. In this role, Gibbons will lead product and technology across SiriusXM and Pandora, with responsibility for product strategy and development, technology platforms and engineering, automotive and streaming distribution partnerships, and advertising technology.

"Sean has helped shape SiriusXM through some of our most important product and technology transformations, including the development and successful rollout of SiriusXM with 360L," said Jennifer Witz, Chief Executive Officer, SiriusXM. "He brings more than two decades of experience, deep knowledge of our business and a strong track record of bringing together teams, technology and partnerships to deliver for consumers. Sean is a highly respected leader and the right person to help us accelerate innovation, improve the customer experience and advance the products, platforms and partnerships that will support our growth."

Gibbons' key priorities will include advancing SiriusXM with 360L and the Company's next generation of in-car experiences; shaping the long-term technology roadmap supporting SiriusXM's satellite, broadcast and streaming platforms; applying AI to improve personalization, discovery and customer service; and creating more dynamic, connected and participatory experiences across SiriusXM's in-vehicle and streaming platforms.

"SiriusXM has a unique set of assets and a tremendous opportunity to make them work together even more powerfully for listeners," said Gibbons. "We can pair the reach and reliability of satellite with the flexibility of streaming and the intelligence of AI to make it easier for people to discover what they love, stay connected wherever they listen and participate more deeply in the content and moments that matter to them. I'm excited to take on this role and help shape the next generation of the SiriusXM experience."

Gibbons joined Sirius in 2000, before the company's first satellite launch, and has held leadership roles spanning product management, engineering, automotive, streaming, content technology and strategic partnerships. During his tenure, he established SiriusXM's first formal Product Management organization and later founded and led its first Streaming organization, expanding the SiriusXM experience across mobile, web and connected-home platforms.

Most recently, Gibbons led SiriusXM's Automotive organization, bringing together product, user experience, engineering and automotive partnerships to advance the company's in-vehicle experiences and relationships with leading automakers. Across more than two decades at SiriusXM, he has played a central role in many of the Company's most significant product and technology transformations, including its evolution toward connected, software-defined vehicle experiences and hybrid satellite-and-IP services.

About Sirius XM Holdings Inc.
SiriusXM is the leading audio entertainment company in North America, with a portfolio of audio businesses including its flagship subscription entertainment service SiriusXM; the ad-supported and premium music streaming services of Pandora; an expansive podcast network; and a complete ecosystem of advertising solutions through SiriusXM Media and AdsWizz. SiriusXM offers live, on-demand, and human-curated programming across music, talk, news, sports, and podcasts, and the company reaches approximately 255 million monthly listeners across its platforms. With deep automotive manufacturer relationships and unique spectrum assets, SiriusXM is built to reach listeners wherever they are. The company connects fans to the voices, creators, and moments they love - creating communities where listeners engage, participate, and belong. For more about SiriusXM, please go to: https://www.siriusxm.com/

Source: SiriusXM

Investor Contact:
[email protected]

Media Contact: 
Zak Paget
[email protected]

SOURCE Sirius XM Holdings Inc.

BEVERLY HILLS, CA / ACCESS Newswire / September 8, 2026 / Kartoon Studios, Inc. (NYSE American:TOON) ("Kartoon Studios" or the "Company"), a global entertainment company creating, producing, distributing and licensing children's and family content, today announced that the Company filed its proxy statement with the U.S. Securities and Exchange Commission on Friday, September 4, 2026, which included a letter to shareholders from Andy Heyward, Chairman and Chief Executive Officer.

The letter can also be accessed on the Company's website by visiting https://ir.kartoonstudios.com/annual-reports.

DEAR FELLOW SHAREHOLDERS,

For many years, I created the animated movie that opened the annual Berkshire Hathaway shareholders meeting, and have had the privilege of producing an animated series for children with Warren Buffett called Secret Millionaires Club. Warren often reminded young viewers that success is rarely built overnight. It comes from patience, discipline, sound judgment, and the willingness to plant seeds whose shade you may not enjoy for many years.

That lesson has stayed with me throughout my career, and it is especially relevant to Kartoon Studios today.

For much of my professional life, I have been fortunate to work alongside some of the most accomplished visionaries in entertainment.

I learned storytelling from Joe Barbera at Hanna-Barbera, where I had the privilege of sitting at the feet of a master, who created such greats as YOGI BEAR, SCOOBY DOO, and THE FLINTSTONES. Joe taught me how to tell a story, how to develop characters, and how to understand the simple truth that great entertainment begins with great storytelling.

I worked closely with Ted Turner in creating and producing Captain Planet, a franchise born from his passion for environmental stewardship and his belief that children's entertainment could help improve the world. Though we lost Ted this past year, his vision and friendship remain among the treasures of my career.

I was equally fortunate to spend many years alongside the legendary Stan Lee, whose imagination gave the world Spider-Man, Iron Man, the Avengers, Black Panther, Fantastic Four, and countless other iconic creations. Today, through our stewardship of the Stan Lee Universe, we are entrusted with preserving and extending one of the most significant creative legacies in entertainment history. It is a responsibility we take seriously and a privilege we treasure.

Over the course of my career, I have created, produced, written, or supervised more than 6,000 animated episodes. The lessons I learned from these remarkable individuals remain at the core of everything we do at Kartoon Studios today.

Most importantly, they taught me something that is perhaps more relevant today than ever before:

Great intellectual property is rare.

A successful television series is valuable.

A hit movie is valuable.

But a franchise that can endure across generations, across product categories, across platforms, and across global markets is something entirely different.

Those assets are exceedingly rare.

That has been our mission at Kartoon Studios: to build enduring intellectual property capable of creating value for decades.

FROM INVESTMENT TO OPPORTUNITY

Over the last several years, we have been building.

We invested in intellectual property.
We invested in production capabilities.
We invested in distribution.
We invested in licensing, consumer products, technology, infrastructure, and talent.

Those investments were not made to generate short-term excitement. They were made to create long-term shareholder value.

While that journey required patience, it has transformed Kartoon Studios into a fundamentally stronger company.

Today, we enter our next chapter from a position of considerable financial strength. We have built a balance sheet with more than $40 million in cash and no long-term debt.

In an industry where many companies are burdened by long-term debt and leverage, or restricted by capital limitations, we enjoy something increasingly uncommon: flexibility.

Flexibility to invest.
Flexibility to pursue strategic opportunities.
Flexibility to think long term.

Many companies possess capital but lack meaningful brands. Others possess great brands but lack the resources to fully exploit them. We believe Kartoon Studios is becoming distinguished by having both.

A strong balance sheet.
Valuable intellectual property.
Growing distribution.
Expanded licensing opportunities.

And a pipeline of new franchises we believe can create meaningful value for years to come.

BUILDING A TEAM FOR THE NEXT CHAPTER

While intellectual property is the foundation of our business, history teaches us that great brands alone do not create great companies.

Great execution does.

During the past year, we were extremely fortunate to welcome Jeffrey Schlesinger to our Board of Directors.

Jeff joins us following an extraordinary twenty-five-year career at Warner Bros., where he served as President of Worldwide Television.

During his tenure, Jeff oversaw a business unit generating several billions of dollars annually while monetizing some of the most successful entertainment franchises in television history, including Friends, The Big Bang Theory, ER, and many others. Equally important to us, he oversaw the global exploitation of one of the most valuable animation libraries ever assembled, including Looney Tunes, Scooby-Doo, The Flintstones, The Smurfs, and many other iconic brands.

Few executives in the entertainment industry possess Jeff's depth of experience in transforming intellectual property into enduring, multi-generational businesses. His expertise in licensing, distribution, consumer products, and franchise monetization has already proven invaluable as he chairs the Audit Committee, as we position Kartoon Studios for its next phase of growth.

Jeff's leadership is complemented by the outstanding work of our Chief Financial Officer, Brian Parisi, whom we recruited following his successful tenure with the NFL Football Hall of Fame. Brian has brought extraordinary financial discipline, operational rigor, and strategic insight to Kartoon Studios. His accomplishments were recognized when he was named last year, as Public Company CFO of the Year by the Los Angeles Business Journal.

Together, Jeff, Brian, and our broader leadership team have helped build something that may not always be visible on the screen but is every bit as important: a disciplined operating company designed to create long-term shareholder value.

Simply put, we believe we now possess not only exceptional assets, but also the leadership necessary to unlock their full value.

A FUNDAMENTAL SHIFT IN OUR BUSINESS MODEL

Throughout my career, I have been fortunate to create, produce, write, or oversee thousands of episodes of children's and family entertainment.

Along the way, I have had the privilege of working with some of the world's most respected media and consumer products companies, including Disney, Netflix, Sony, Mattel, and many others.

Many of the programs and franchises associated with those efforts ultimately generated billions of dollars in value for their owners.

Yet in most cases, we did not own those brands.

We created them.
We produced them.
We helped build them.

But the long-term economic benefits belonged largely to others.

That was the traditional business model of the animation industry for decades, and for Kartoon Studios. Create the content, Deliver the episodes, Collect the production fee, Move on to the next assignment.

There is nothing wrong with that model.

In fact, it helped me build a rewarding career doing what I love. But it is not the model that creates the greatest long-term value for shareholders.

The greatest economic rewards of successful intellectual property are generally realized long after production is completed through licensing, merchandising, consumer products, publishing, streaming, international distribution, gaming, live experiences, and the many revenue streams that great brands can generate for decades.

Historically, those economics flowed primarily to the owners of the intellectual property.

Today, we are pursuing a fundamentally different strategy:

At Kartoon Studios, we are increasingly focused on developing, acquiring, controlling, and monetizing intellectual property that we own.

That distinction may seem subtle.
Economically, it changes everything.

Rather than creating value primarily for third parties, we are now creating value for Kartoon Studios shareholders.

The experience we gained helping build successful franchises for some of the world's largest entertainment companies including Disney, Sony, MGM, Netflix, Mattel, Hasbro, and others, has given us a unique perspective on what causes brands to endure.

Today, we are applying those lessons to properties that we own and control. That strategic shift is one of the primary reasons we have invested so heavily in our intellectual property portfolio, our distribution platforms, our licensing capabilities, and our balance sheet.

Our objective is no longer simply to create successful content.

Our objective is to create enduring franchises that can compound value over many years and potentially across generations.

When I look at assets such as Hundred Acre Wood, Stan Lee's Superhero Pets, Stan Lee Universe, Captain Planet, Bitcoin Brigade, and the other properties within our portfolio today, I believe we are better positioned than at any point in our history to achieve that goal, and among the strongest providers of IP in the world.

THE OPPORTUNITY CALLED HUNDRED ACRE WOOD

Nothing better illustrates the opportunity before us than Hundred Acre Wood. When the copyrights to A.A. Milne's original works entered the public domain across much of the world, many saw only a legal milestone.

We saw a creative opportunity unlike any we had encountered in decades.

Rather than merely reproduce what had come before, we chose to reimagine Winnie-the-Pooh and his friends for a new generation. We developed an entirely original visual style, a fresh creative approach, and an imaginative interpretation of the Hundred Acre Wood itself.

At the same time, we secured the valuable Hundred Acre Wood trademark, creating a protected franchise platform for the future.

TO BRING THIS VISION TO LIFE, WE ASSEMBLED AN EXTRAORDINARY CREATIVE TEAM.

The result is not simply another animated series.

Hundred Acre Wood is a world built around kindness, imagination, friendship, emotional intelligence, and wonder.

In a world that often seems louder, faster, and more divided than ever before, Hundred Acre Wood is intended to be an oasis of goodness.

We believe children need that now more than ever.

THE STAN LEE UNIVERSE

We continue to see extraordinary opportunities within the Stan Lee Universe. Few individuals have ever influenced popular culture the way Stan Lee did. Spiderman, Ironman, Hulk, Guardians of the Galaxy Black Panther, and the Avengers to name a few, all came from this one man's extraordinary imagination.

Through our stewardship of his legacy, we have the privilege of preserving and extending a brand recognized by millions around the world, and with over 30 million followers across social media which we exclusively manage.

Projects currently in development, including Stan Lee's Superhero Pets and The Excelsiors, represent only the beginning of what we believe can become a significant franchise portfolio for years to come.

Premium Intellectual Property Has Never Been More Valuable

If there is one overarching theme in today's media landscape, it is this:

Premium intellectual property has never been more valuable.

The world's largest media companies, retailers, streamers, platforms, and consumer-products companies are all searching for recognizable brands, trusted characters, and content that can break through an increasingly crowded marketplace.

Our strategy remains straightforward:

Create valuable intellectual property.

Acquire valuable intellectual property.

Protect valuable intellectual property.

And monetize valuable intellectual property across multiple platforms and revenue streams.

That strategy has guided our decisions and remains the foundation for our future.

LOOKING AHEAD

This coming year will also mark the launch of a personal project I am particularly excited about: "Toon In... with Andy Heyward"

The podcast will feature many of the individuals who helped shape modern children's and family entertainment. Together we will share stories, lessons, insights, and behind-the-scenes experiences from an industry that has brought joy to generations of audiences around the world.

Like everything we do, it is designed to celebrate creativity, storytelling, and the enduring power of great characters, and bring greater awareness to Kartoon Studios.

CLOSING THOUGHTS

To our shareholders, thank you for your confidence, patience, and support.

Over the last several years, we have methodically built the foundation for what we believe will be a very different company than the one many first invested in.

We have assembled a world-class portfolio of intellectual property.

We have expanded our distribution footprint.

We have strengthened our licensing and consumer-products capabilities.

We have recruited exceptional leadership.

And we have built the strongest balance sheet in our history, with more than $40 million in cash and no long-term debt.

Today, we believe Kartoon Studios possesses a combination that is increasingly rare: financial strength, valuable intellectual property, growing distribution, experienced leadership, and a clear strategic vision.

For much of my career, I had the privilege of helping build billion-dollar brands for others.

Today, our mission is building brands for Kartoon Studios and its shareholders.
The foundation has been built.
The assets are in place.
The opportunities ahead are significant.
In my view, we have the strongest financial position in our history, the strongest portfolio of intellectual property in our history, and the greatest opportunity in our history.

We are not focused on where Kartoon Studios has been.
We are focused on where it is going.

And I believe the most exciting chapter of our story is still ahead of us.

Sincerely,

Andy Heyward
Chairman & Chief Executive Officer
Kartoon Studios

KEY MESSAGES FOR SHAREHOLDERS

Kartoon Studios has a strong balance sheet, with more than $40 million in cash and no long-term debt.

The major investment phase of our transformation is largely behind us, and we believe we are entering a period increasingly focused on monetization and growth.

We now possess one of the most unique collections of family-entertainment intellectual property in the industry, including Hundred Acre Wood, Stan Lee Universe, Stan Lee's Superhero Pets, Bitcoin Brigade, and other valuable assets.

A fundamental transformation has occurred in our business model. For decades, we helped create successful brands and franchises for others. Today, we are increasingly focused on owning, controlling, and monetizing the intellectual property we create, allowing Kartoon Studios shareholders to participate directly in the long-term value generated by those assets.

Hundred Acre Wood has the potential to become a significant global franchise built around one of the most beloved story universes ever created.

The Stan Lee Universe provides us with stewardship of one of the most important creative legacies in entertainment history and substantial future development opportunities.

Kartoon Channel! and Ameba continue expanding our direct relationship with children and families worldwide.

We have strengthened our leadership team with proven executives who have successfully monetized some of the world's most valuable entertainment franchises, including Jeffrey Schlesinger and CFO Brian Parisi.

We believe premium intellectual property has never been more valuable, and our strategy remains centered on creating, protecting, and monetizing exceptional brands.

Management's interests remain aligned with those of our shareholders and focused on long-term value creation.

We believe Kartoon Studios has the strongest balance sheet in its history, the strongest intellectual-property portfolio in its history, and the greatest opportunity in its history.

One Final Thought:

"Great companies are not built quarter by quarter. They are built year by year, asset by asset, relationship by relationship. We believe the foundation has been built, the assets are in place, and the opportunities ahead are substantial. The most exciting chapter of Kartoon Studios' story is still ahead of us."

About Kartoon Studios

Kartoon Studios (NYSE American:TOON) is a global, vertically integrated children's and family entertainment company turning owned and controlled intellectual property into enduring, multi-platform franchises. The Company develops, produces, distributes, licenses and monetizes content across the full value chain, creating multiple revenue opportunities and long-term brand value.

Kartoon Studios' growth portfolio includes Hundred Acre Wood and the Stan Lee Universe, alongside established brands and an extensive programming library. The Company operates Mainframe Studios and Toon Media Networks, as well as Beacon Media Group, a full-service marketing, communications, and media agency subsidiary of Kartoon Studios focused on children and family. Together, these assets provide production capabilities, direct audience access and distribution across linear television, AVOD, SVOD, FAST channels and streaming platforms in more than 60 territories. Kartoon Studios is focused on converting its intellectual property, infrastructure and global reach into scalable franchise growth and long-term shareholder value.

For more information, visit www.kartoonstudios.com.

Important Cautions Regarding Forward-Looking Statements

Certain statements in this press release that are not historical facts may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and are subject to risks and uncertainties. Forward-looking statements include statements concerning the Company accelerating strategic transformation, focus on intellectual property position ownership for next phase of growth, strategic transformation designed to focus the Company on the ownership, development and commercialization of high-value intellectual property assets, the Company's distribution partnership with Amazon; the Company expanding development initiatives surrounding the Stan Lee Universe; the distribution to the Company of any additional amounts from the escrowed litigation settlements; the Company's expectations regarding the distribution of its content, the timing and availability of streaming content, promotional support, consumer product sales, the sale of Federator sharpening the Company's strategic focus on owned and controlled IP assets; the Company implementing a strategic transformation designed to create a leaner, more focused and more profitable enterprise centered on owned and controlled intellectual property; the Company's concentrating investments on high profile animated franchises where it owns or controls the underlying rights and can participate across multiple revenue streams, including content distribution, licensing, consumer products, publishing, digital commerce and brand extensions; management's belief that their owned IP strategy offers substantially greater long-term value creation potential than the Company's historical reliance on production services and third-party-owned properties; building a fundamentally different Company; the Company's belief that it is uniquely positioned to create meaningful long-term shareholder value through the development of what it believes will be enduring global franchises; transforming from a company that historically generated much of its revenue by creating and producing content for others, into one increasingly focused on owning, building and monetizing valuable intellectual property franchises across streaming, consumer products, publishing, gaming, licensing and other platforms; Company's goal to own more of the intellectual property it creates, and to participate more fully in the economics generated across multiple platforms, and transform its creative assets into sustainable, high-margin revenue streams; the Company's belief that the actions taken this year positions the Company to pursue its objectives from a position of strength, two flagship brands, Hundred Acre Wood and Stan Lee Universe, coming into the marketplace in 2027, Hundred Acre Wood is expected to serve as the cornerstone of the Company's next-generation franchise strategy, management's belief that Stan Lee Superhero Pets has significant potential across animation, publishing, licensing, consumer products and interactive entertainment, the belief that the launch of Hundred Acre Wood, growth initiatives surrounding the Stan Lee Universe and expanded consumer product initiatives will establish the foundation for the Company's next phase of growth and are intended to improve profitability, expand ownership economics and create long-term shareholder value.. Words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "intend," "may," "plan," "potential," "project," "should," "will" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements are based on the Company's current plans, estimates, assumptions and expectations and are not guarantees that such plans, estimates or expectations will be achieved. Actual events, the timing of events ,results and performance may differ materially from those expressed or implied by these forward-looking statements due to various risks, uncertainties and other factors, including the Company's ability to execute its transition to an intellectual property-driven growth model; the Company's ability to advance its flagship franchise initiatives; the Company's ability to leverage prior investments in platform, content, and infrastructure, to support a more scalable operating foundation and the broader commercialization of the Company's intellectual property portfolio; the Company's ability to advance its flagship franchises as multi-platform initiatives extending across content, licensing, and consumer products; the Company's ability to bring properties to market and convert its franchises into scalable, higher-margin revenue opportunities to drive long-term value; the Company's ability to launch and expand Hundred Acre Wood and the Stan Lee Universe in the US and globally as planned; the Company's ability to capture value across the full lifecycle of its intellectual property by combining production capabilities, owned distribution platforms, marketing infrastructure, and licensing operations; the Company's ability to move quicker and with purpose faster than its competitors; the Company's ability to execute against its platform while continuing to expand higher-margin, IP-driven revenue streams; the Company's ability to improve operating performance and margin profile over time as its initiatives scale; the Company's ability to benefit from its investments in infrastructure and IP; the Company's ability to obtain additional financing on acceptable terms, if at all; fluctuations in the results of the Company's operations from period to period; general economic and financial conditions; the Company's ability to anticipate changes in popular culture, media and movies, fashion and technology; competitive pressure from other distributors of content and within the retail market; the Company's ability to market and advertise its products; the Company's reliance on third parties to promote its products; the Company's ability to keep pace with technological advances; the Company's ability to protect its intellectual property and those other risks described under the heading "Risk Factors" in Part I, Item 1A of the Company's most recent Annual Report on Form 10-K and in its other filings with the Securities and Exchange Commission, which are available at www.sec.gov. Additional risks and uncertainties that are not currently known to the Company or that the Company currently considers immaterial may also cause actual events, results or performance to differ materially from those expressed or implied by the forward-looking statements. All forward-looking statements speak only as of the date of this press release, and Kartoon Studios undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

INVESTOR RELATIONS CONTACT:

Lytham Partners, LLC
Robert Blum
602-889-9700
[email protected]

SOURCE: Kartoon Studios

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Lam Research (LRCX - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.

Lam Research is a member of our Computer and Technology group, which includes 613 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Lam Research is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for LRCX's full-year earnings has moved 20.6% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the latest available data, LRCX has gained about 79.7% so far this year. At the same time, Computer and Technology stocks have gained an average of 18.2%. This means that Lam Research is performing better than its sector in terms of year-to-date returns.

One other Computer and Technology stock that has outperformed the sector so far this year is CTS (CTS - Free Report) . The stock is up 33.4% year-to-date.

Over the past three months, CTS' consensus EPS estimate for the current year has increased 11.9%. The stock currently has a Zacks Rank #2 (Buy).

Breaking things down more, Lam Research is a member of the Electronics - Semiconductors industry, which includes 49 individual companies and currently sits at #43 in the Zacks Industry Rank. On average, stocks in this group have gained 27.5% this year, meaning that LRCX is performing better in terms of year-to-date returns.

In contrast, CTS falls under the Electronics - Miscellaneous Components industry. Currently, this industry has 28 stocks and is ranked #44. Since the beginning of the year, the industry has moved -17.4%.

Investors with an interest in Computer and Technology stocks should continue to track Lam Research and CTS. These stocks will be looking to continue their solid performance.

AI: The Largest Industrial Buildout Since the RailroadAs a percentage of GDP, the current artificial intelligence buildout is the largest industrial buildout since the American railroad buildout of the 19th century.

Image Source: EpochAI

However, for many investors, the pain and the memory of the late-1990s internet boom and the subsequent bust 2000 bust are still fresh in their minds. Which begs the question for investors: “What part of the AI cycle are we in currently?” In today’s commentary, I will be contrasting the AI boom to the internet boom of the 1990s, providing evidence and data that underscored my belief that we are merely in the third inning of nine in the AI boom.

AI: There is No “Dark Fiber” During the dot-com bubble of the late 1990s, telecom companies invested more than $500 billion (financed through cheap corporate debt) to dig trenches across land and under oceans, believing that internet traffic would create permanent demand for bandwidth. However, these telecom companies overestimated the need for fiber and overinvested. By the time the internet bubble popped, more than 90% of transcontinental and transatlantic fiber sat “dark” and unused, leading to plunging stock prices and widespread bankruptcies.

Today, a key part of the bear argument is that history is repeating itself, except this time, the overinvesting is occurring in NVIDIA ((NVDA - Free Report) ) GPUs. However, the evidence contradicts such a sentiment. The NVIDIA H1000 is a three-year-old training chip. Its rental price is up a staggering 22% month-over-month to $3.28 an hour. Instead of these outdated chips sitting “dark,” hyperscalers are paying a premium for them.

Image Source:TradingView

AI Companies are More Profitable than Internet CompaniesIn 1999, a massive wave of internet initial public offerings hit. Of these new issues, roughly 75% operated at a net loss. Today, tech IPOs have a GAAP profitability rate of ~50% due to because private markets have stricter expectations. Today’s top AI companies like Alphabet ((GOOGL - Free Report) ), Advanced Micro Devices ((AMD - Free Report) ), and Micron ((MU - Free Report) ) are highly profitable. For instance, last quarter, Micron generated $28.86 billion in net income.

Image Source: Zacks Investment Research

AI Valuations are ReasonableAt the peak of the internet bubble, the average price-to-earnings ratio was over 200x. Conversely, leading AI names have extremely reasonable P/E ratios, as valuations have been held down recently by geopolitical concerns. For example, Dell ((DELL - Free Report) ) has a P/E ratio of 28.52x. On the other hand, Cisco ((CSCO - Free Report) ), one of the leading internet-related names of the time, peaked with a 200x P/E.

Image Source: Zacks Investment Research

Bottom Line

While the sheer scale of the AI buildout naturally draws comparisons to the internet bubble of the late-90s, equating the two overlooks key economic realities. Backed by immediate hardware utilization, robust profitability, and low valuations, the AI boom rests on a far stronger foundation than the internet boom.

A Look at KE Holdings Inc (BEKE) After 3.6% Decline -- GF Value $17.50 vs Price $17.27 On September 08, 2026, KE Holdings Inc BEKE shares fell 3.6% to a current price of $17.27, moving within a 52-week range of $13.81 to $20.98. This decline comes amid a year-to-date increase of 11.6% but a one-year decrease of 8.5%.

GF Value™ verdict: BEKE is currently priced at $17.27, which is 1.3% below its GF Value™ estimate of $17.50, indicating it is slightly undervalued.GF Score™ of 70/100 suggests that BEKE has an above-average rating based on various performance metrics.Notable signal: The Financial Strength score of 8/10 indicates a robust financial structure.Is BEKE Overvalued or Undervalued?Currently, KE Holdings Inc BEKE is trading at $17.27, which is 1.3% below the GF Value™ estimate of $17.50. This slight undervaluation suggests a marginal opportunity for investors, as the current price reflects a minor discount compared to its intrinsic value. GF Value™ is GuruFocus' proprietary estimate of a stock's intrinsic value, derived from historical trading multiples, past growth performance, and future projections. The current trading price presents a possible margin of safety for potential investors, but it's essential to approach this opportunity with caution given the broader market conditions.

BEKE's GF Valuation label indicates it is fairly valued, which aligns with the current price being close to its estimated fair value. While the stock is not significantly undervalued, the slight discount does suggest a potential for gains if the market recognizes its intrinsic value in the near future. Investors should keep an eye on market trends and the company's performance to assess any changing valuation dynamics.

How Does BEKE's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)28.2x38.3xForward P/E13.4xN/AKE Holdings Inc's current P/E ratio of 28.2x is significantly below its 5-year median P/E of 38.3x, indicating that the stock is currently trading at a discount compared to its historical valuation metrics. This lower P/E ratio suggests that BEKE's stock may be positioned favorably for growth, as it is 26% below its historical average. This analysis supports the GF Value™ verdict, reinforcing the view that BEKE is slightly undervalued based on its past performance.

What Does BEKE's GF Score™ Tell Us?The GF Score™ provides a comprehensive assessment of a company's performance across several dimensions, including financial strength, profitability, growth, valuation, and momentum. KE Holdings Inc has a GF Score™ of 70/100, indicating a solid overall performance, with specific strengths and weaknesses across its sub-ranks.

MetricRatingGF Score™70Financial Strength8/10Profitability5/10Growth3/10Valuation9/10Momentum5/10BEKE's strongest area is its Valuation rank of 9/10, suggesting that it is well-positioned in terms of price relative to its intrinsic value. However, its Growth rank of 3/10 indicates that the company may face challenges in expanding its revenue and earnings. The Financial Strength score of 8/10 reflects a solid financial foundation, but profitability remains average, as indicated by the 5/10 score in that category. Overall, while BEKE shows promise in valuation, the growth potential may need closer examination.

What Are Gurus and Insiders Doing with BEKE?Currently, 5 gurus hold positions in KE Holdings Inc BEKE, with 3 adding to their stakes and 2 trimming their positions in recent quarters. This activity suggests a mixed sentiment among notable investors, with some expressing confidence in BEKE's future prospects while others are reassessing their investments.

Interestingly, there have been no insider transactions reported in the past 12 months, which could indicate that insiders are confident in the company's future or may simply reflect a lack of immediate liquidity needs. The guru ownership flow, especially with a higher number of additions than reductions, may imply a favorable outlook on the stock's potential performance going forward.

What This Means for InvestorsBased on the current analysis, KE Holdings Inc BEKE is considered slightly undervalued according to GF Value™, with a current price of $17.27 compared to a GF Value™ estimate of $17.50. While the stock shows promise with a strong financial framework and a favorable valuation ranking, investors should be aware of the potential challenges in growth. Keeping track of ongoing market conditions and the company's performance will be essential for assessing future opportunities. For more detailed insights, consider visiting the KE Holdings Inc (BEKE) stock page and the GF Value™ page.

Frequently Asked QuestionsWhat is BEKE's GF Score™?

BEKE has a GF Score™ of 70/100, indicating an above-average performance across various metrics.

Is BEKE overvalued or undervalued?

According to the GF Value™ verdict, BEKE is slightly undervalued with a current price of $17.27 compared to an estimated fair value of $17.50.

What is BEKE's P/E ratio?

BEKE's P/E ratio is 28.2x, which is significantly below its 5-year median of 38.3x, suggesting the stock is trading at a discount compared to its historical valuation.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

These 3 GARP Stocks Show Why Growth and Value Do Not Have to ClashApplied Materials NASDAQ: AMAT sees continued strength in semiconductor equipment demand as artificial intelligence-related investment drives customer forecasts higher, Chief Financial Officer Brice Hill said at Citi’s 2026 Global TMT Conference.

Hill said the company’s rolling eight-quarter forecasts from its largest customers, particularly DRAM and leading-edge logic manufacturers, have increased throughout the year. He attributed the trend to demand for AI systems and pointed to rising capital-expenditure forecasts from cloud service providers, which he said exceed $700 billion for U.S. companies and approach $1 trillion globally.

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Applied Materials Beat Everything but Wall Street’s Expectations for Margins“Really all the indicators, all the arrows point up,” Hill said. “Our customers are investing, our customers’ customers are investing and highly profitable, and we’re investing.”

AI Systems Drive Demand Across Logic, Memory and Packaging Applied Materials is monitoring the design of AI systems, including GPU, accelerator, CPU and memory content, to assess future demand by device category. The company is also tracking more than 100 fab projects globally, with more than 10 added during each of the past two quarters, Hill said.

MarketBeat Week in Review – 06/22 - 06/26He said clean-room availability remains an important constraint on industry capacity growth over the medium term. Applied is evaluating the timing of new fabs and the capacity they will add, while using customer forecasts to plan for demand.

Hill identified advanced packaging as a major growth area alongside leading-edge logic and DRAM. Applied’s advanced-packaging business generated $1.4 billion in revenue last year, and the company expects it to grow by more than 70% this year. He said advanced packaging should continue growing in line with leading-edge logic and DRAM as AI systems require high-performance interconnects among processors, accelerators and high-bandwidth-memory stacks.

The company is also investing in panel-level packaging, which uses larger substrates to support more chips and higher-quality interconnects in computing systems. Hill said the industry remains in the development stage, with Applied generating revenue from panel-processing equipment but no volume production yet underway. The company recently acquired NEX, which provides fine-line interconnect capabilities for panel-level packaging.

ICAPS Recovery, NAND Remains Upgrade-Driven Hill said Applied expects moderate growth in its ICAPS business in 2026. ICAPS encompasses IoT, communications, automotive, power and sensor markets and had been weak for the previous several years as China added significant capacity.

Utilization rates are now improving, Hill said, and Applied expects a more normal growth year for ICAPS next year. He characterized normal growth in the underlying device markets as mid- to high-single digits, with equipment demand eventually tracking that growth as utilization normalizes.

NAND bit demand remains strong, in the “high 20% range,” according to Hill. However, he said that gains in layer counts have made NAND manufacturing more productive, allowing producers to add bit capacity with fewer wafers. As a result, NAND remains more dependent on equipment upgrades than greenfield fab construction, keeping the market smaller than the DRAM opportunity.

By contrast, Hill said DRAM capacity is entering a more significant greenfield investment cycle. He estimated that the industry had about 1.6 million DRAM wafer starts per month a year ago and is adding roughly 400,000 wafer starts per month this year. He expects additions of 300,000 to 400,000 wafer starts per month over the next several years.

Hill said an upgrade fab requires roughly 25% of the equipment investment of a greenfield facility. He estimated that process equipment for 100,000 wafer starts of greenfield capacity could total about $10 billion, illustrating the larger equipment opportunity associated with new DRAM fabs.

Capacity, Services and Process Control Applied has invested to support the ability to produce twice its current quarterly system output by 2028, Hill said, emphasizing that the target is a capacity statement rather than a revenue forecast. The company sends aggregated eight-quarter demand outlooks to suppliers by component type to help them plan hiring and capacity investments.

Hill said Applied’s services business is growing more than 20% this year, aided by high utilization across leading-edge logic, DRAM, ICAPS and NAND. Customers are purchasing more spare parts and components to maintain output, he said. The company’s longer-term services outlook is for mid-teens growth, supported by an installed base that is expanding by roughly 5% to 7% annually and higher revenue per tool from new offerings.

Those offerings increasingly include AI-based services that use tool sensors and operating data to help customers improve yield and output, Hill said.

Applied also expects its process diagnostics and control business to grow more than 50%. Hill said demand is being driven by more complex semiconductor architectures, including gate-all-around transistors, which require electron-beam inspection to identify buried defects that cannot be seen through optical inspection methods.

On profitability, Hill said Applied’s approximately 300-basis-point gross-margin improvement over the past three years has reflected the greater value of its product solutions and improved pricing processes. The company applies value-based pricing to both new and existing products, he said, while also accounting for higher costs for labor, materials and components.

About Applied Materials (NASDAQ:AMAT)Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials' offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in Applied Materials Right Now?Before you consider Applied Materials, you'll want to hear this.

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While Applied Materials currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries. "Physical AI" is coming. Learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.

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Key Takeaways TJX raises its global store target by 500 to 7,500, leaving room for more than 2,200 new locations.TJX plans to accelerate annual store-opening growth to 4% starting in fiscal 2028, up from 3%.TJX sees rural, urban and denser-market opportunities supporting broad-based expansion across its brands. The TJX Companies, Inc. (TJX - Free Report) has lifted its long-term global store target by 500 locations to 7,500 stores across its existing retail banners and current 10 countries in the latest earnings update. The company ended the second quarter of fiscal 2027 with 5,285 stores, leaving room for more than 2,200 additional locations under the revised target.

 The expansion is centered partly on the U.S. business. TJX now sees TJ Maxx and Marshalls reaching a combined 3,300 stores, an increase of 300 from its prior long-term potential. The HomeGoods division’s long-term target has also been increased by 200 stores to 2,000.

The company plans to accelerate annual store opening growth to 4% beginning in fiscal 2028, up from the previously discussed 3% pace. Several factors support the higher target. Marmaxx has opportunities in rural markets where department stores are closing, while sustained comparable-store growth has created scope to place stores closer together than previously expected. Smaller-format stores also allow expansion in densely populated urban areas.

New stores have been exceeding expectations for an extended period. The additional store growth is expected to be broad-based across the company’s brands rather than concentrated in only one or two divisions. TJX Companies also expects sufficient availability of quality merchandise to support the expansion plans as it moves toward the higher store target and faster opening pace.

How TJX Stacks Up Against ROST and BURL on Store GrowthRoss Stores (ROST - Free Report) is also stepping up physical expansion, raising its 2026 new-store opening plan to 115 locations from 110. This includes about 90 Ross Dress for Less and 25 dd’s DISCOUNTS stores. Ross Stores opened 47 stores in the second quarter of fiscal 2026. Ross Stores also targets roughly 5% annual unit growth, while recent openings in existing and newer markets have been running ahead of plan.

Burlington Stores, Inc. (BURL - Free Report) is also pursuing aggressive store expansion, ending the second quarter of fiscal 2026 with 1,287 locations. Burlington Stores expects about 115 net new stores in fiscal 2026, while 149 net new stores opened over the past 12 months, representing 13% store-count growth. Burlington Stores remains confident in opening at least 110 net new stores annually and reaching, or likely exceeding, 1,500 stores by end-2028.

TJX’s Price Performance, Valuation and EstimatesShares of TJX Companies have fallen 16.8% in the past month compared with the industry’s decline of 6.2%.

Image Source: Zacks Investment Research

From a valuation standpoint, TJX trades at a forward price-to-earnings ratio of 23.88X, down from the industry’s average of 27.82X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for TJX Companies’ fiscal 2027 and 2028 earnings per share has inched up 1 cent to $5.22 and $5.74, respectively, in the past seven days.

Image Source: Zacks Investment Research

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

Docusign Today

$65.08 -3.33 (-4.87%)

As of 09/8/2026 04:00 PM Eastern

$40.16▼

$86.6539.68

$67.33

The great fear hanging over so many established software firms this year has been that the AI revolution will pass them by, or worse, sweep them aside. Docusign Inc. NASDAQ: DOCU, long the dominant name in electronic signatures, has faced exactly that suspicion, with the bears wondering whether a company built on signing documents online can stay relevant in an age of agentic AI.

In recent weeks, however, investors have grown notably more optimistic, both for traditional software stocks in general and Docusign in particular. Heading into its Q2 fiscal year (FY2027) report, Docusign shares had already rallied more than 60%, and the numbers did nothing to dent the enthusiasm. The stock initially moved higher after the release, putting it within reach of its highest levels since late last year.

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Like with so many of its peers, the market has been keen to see if Docusign can reinvent itself around AI, rather than be eaten up by it. On the evidence of this past quarter, at least, the answer is clear.

Docusign’s Beat Gives the Turnaround More CredibilityStarting with the headline numbers, they gave the bulls plenty to cheer about. Docusign comfortably beat analyst expectations on both revenue and profit, with sales up more than 9% year over year and margins ahead of forecasts, too. For a company whose growth prospects some had written off, that was a solid statement.

Adding to the bullish overtones was the company’s own confidence in its outlook. Management raised forward guidance for the full year, nudging up its expectations for both revenue and, crucially, the growth of its recurring revenue base.

Underpinning it all was healthy customer growth, which hit a record high above 1.9 million - not exactly the kind of trend you’d expect from a company consigned to the dustheap. Instead, it was the kind of report that quietly rebuilds the whole investment case.

IAM Adoption Becomes the Real StoryBeyond the headline numbers and shiny metrics, however, the real story lies in how Docusign is answering the AI question head-on. Rather than treating the technology as a threat, the company is weaving it through a broader platform it calls Intelligent Agreement Management, or IAM, designed to handle the entire life of a contract rather than just the signature at the end.

The evidence that this is working is compelling. IAM now accounts for more than 15% of the company's recurring revenue, up sharply from the prior quarter, and management expects that share to climb toward 19% by the end of the financial year. That steady march is the clearest sign yet that customers are buying into the vision, not just listening to the sales pitch.

Docusign is also building AI-powered tools that let customers create and deploy their own automated agents, and knitting its platform together with the major AI providers and workplace apps. The aim is to make its software a deeply embedded hub for managing agreements, far harder to rip out than a simple signing tool, and its best defense against being commoditized.

Why the Bears Still Have an ArgumentStill, for all that progress, the bears are hanging onto some legitimate concerns, and the central one is conversion. Impressive as IAM adoption is, the company's overall growth remains fairly moderate, with revenue still expanding at single-digit rates since 2023. That puts the onus on management to ensure this AI-related momentum translates into meaningfully faster growth, not just a nicer product.

Then there is the ever-present competitive threat. Basic electronic signing is one of the more straightforward tasks that could easily and cheaply be replaced by a homegrown AI tool or a nimbler, lower-cost rival. That means Docusign has to work far harder to defend its turf than an entrenched platform like Salesforce NYSE: CRM, whose sprawling web of customer data, workflows, and integrations makes it enormously difficult to rip out. This is precisely why the ongoing shift toward the stickier, more sophisticated IAM platform matters so much.

AI Turnaround, or Just a Better Quarter?Docusign Stock Forecast Today12-Month Stock Price Forecast:
$67.33
3.46% Upside

Hold
Based on 18 Analyst Ratings

Current Price$65.08High Forecast$86.00Average Forecast$67.33Low Forecast$50.00Docusign Stock Forecast Details

So which is it: a real AI success story, or a stay of execution? The weight of this quarter's evidence tilts firmly toward the former. Docusign isn't merely surviving the arrival of AI; it’s using the technology to transform itself from a one-trick signing service into something altogether more valuable.

That being said, the caveats are real. The conversion of that adoption into faster company-wide growth remains unproven, and until the company is reporting revenue growth that is consistently accelerating, the jury is still out. The recent rally in Docusign shares also suggests much of the upside is already baked into the price, leaving little margin for disappointment. In other words, the company's turnaround is seeing a ton of progress, but it is not yet finished.

Should You Invest $1,000 in Docusign Right Now?Before you consider Docusign, you'll want to hear this.

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The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge—and the key risks investors should watch as the global AI buildout accelerates.

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Docusign is leveraging AI to drive platform growth, profitability, and free cash flow margins. Product revenue grew 9% year-over-year, with international business expanding at 17% and total customers reaching 1.91 million. Free cash flow surged 36% year-over-year, outpacing revenue growth and supporting positive operating leverage and mid-30% FCF margins.

Key Takeaways Western Digital is benefiting as AI inference and Agentic AI drive persistent data storage demand.WDC is ramping 40TB ePMR drives, while its 44TB HAMR product remains on track for 2027.UltraSMR could reach 60% of nearline exabyte shipments by fiscal 2027, supporting WDC's capacity growth. As AI models become larger, inference workloads expand and businesses generate mountains of AI-created content, the amount of data that must be stored, accessed and retained continues to rise. Western Digital Corporation (WDC - Free Report) is becoming a durable long-term beneficiary of the data explosion. The shift from AI training to inference and Agentic AI is creating a more persistent and data-intensive storage opportunity. Training creates the initial data foundation, while inference continuously generates and retains prompts, outputs, logs and context.

As Agentic AI expands into multistep workflows, data volumes and retention needs continue to rise. Moreover, physical AI, autonomous vehicles, robotics and industrial automation are driving additional demand for synthetic data generation and storage. Together, these trends could make AI a structural, long-term driver of capacity-oriented storage demand for WDC. As AI workloads shift from deployment to sustained use, storage demand is becoming less about one-time infrastructure builds and more about the compounding of data—a key secular growth driver for WDC. Roughly 80% of hyperscale data-center data remains on HDDs, reflecting their scale, cost efficiency and power advantages for long-term storage.

This trend plays to WDC’s technology strengths. The company began shipping 40TB ePMR drives in June and is ramping volume production, while its 44TB HAMR product remains on track for the first half of calendar 2027. UltraSMR is also expected to account for about 60% of nearline exabyte shipments by the end of fiscal 2027. Beyond capacity, Western Digital is advancing high-bandwidth drives that target up to 8x the throughput of current drives without a comparable increase in power consumption, with sampling underway at five customers.

WDC vs. Rivals: Who is Winning the AI Storage Boom?Seagate Technology (STX - Free Report) is benefiting from the rapid increase in data creation, retention and reuse across cloud and enterprise environments. AI inference and agentic applications require persistent historical context, while physical AI applications such as robotics and autonomous vehicles are expected to generate significant volumes of video and sensor data. These trends reinforce the role of cost-efficient HDDs within tiered storage architectures. Data center revenues increased 57% year over year to $2.93 billion in the June quarter, while nearline exabyte shipments advanced 43% to 195 exabytes. Cloud demand has now increased sequentially for three consecutive years and enterprise OEM demand is also broadening. 

NetApp, Inc. (NTAP - Free Report) is benefiting from higher enterprise spending on AI-ready storage, with all-flash, Public Cloud and Keystone demand broadening across customer types. Customers are standardizing on NetApp for mission-critical workloads, including GPU-intensive AI pipelines, and reported share gains tied to product innovation and go-to-market execution. It also saw demand across high-performance flash, capacity flash and block-optimized storage as customers modernized adjacent data infrastructure for AI. NetApp is positioning its unified data platform to activate enterprise data for AI without requiring data movement. AI is also driving broader modernization of databases and unstructured data environments, expanding the opportunity beyond dedicated AI infrastructure.

WDC Price Performance, Valuation and EstimatesIn the past year, shares of WDC have surged 394.5% compared with the Zacks Computer-Storage Devices industry’s growth of 391.4%.

Image Source: Zacks Investment Research

Going by the price/earnings ratio, the company’s shares currently trade at 20.86 forward earnings compared with 10.67 for the industry.

Image Source: Zacks Investment Research

WDC’s estimate revisions are currently on an upward trajectory. The Zacks Consensus Estimate for WDC’s earnings for fiscal 2027 has been revised upward by 7.5% to $20.03 over the past 60 days, while the same for fiscal 2028 has gone up 7.6% to $34.74.

Image Source: Zacks Investment Research

Currently, Western Digital has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Western Digital (WDC +2.14%) CEO Irving Tan said in late January that the company was "pretty much sold out for calendar '26." On the same fiscal second-quarter earnings call, he pointed to firm purchase orders from its top seven customers covering this year's hard-drive production. And multiyear agreements went further -- the company had them in place with three of its top five customers, two running through calendar 2027 and one through calendar 2028.

But Western Digital isn't the outlier.

The artificial intelligence (AI) data center build-out has storage buyers committing for years ahead. Seagate Technology (STX +6.49%) says most of its nearline exabytes (the high-capacity storage cloud data centers run on) are already allocated into calendar 2028. And Sandisk (SNDK -0.12%) has buyers locked in for over half of the memory it expects to ship this fiscal year, with price floors attached.

Here's what each company has signed, and where I'd put $2,000 today.

Image source: Getty Images.

1. Western Digital: sold out, but not fully signedBy late April, Tan was saying agreement durations had stretched into calendar 2028 and calendar 2029.

Western Digital's fiscal fourth-quarter revenue (for the three months ended July 3, 2026) reached $3.75 billion, up 44% from a year earlier. Non-GAAP (adjusted) gross margin jumped about 13 percentage points year over year, to 54.4%, and earnings per share more than doubled. Management guided for fiscal first-quarter revenue to grow 42% to 49% year over year, or about $4.1 billion at the midpoint.

Cloud customers supplied 89% of revenue in the fiscal third quarter -- this is overwhelmingly a data-center business now.

However, the multiyear agreements cover only some top customers (three of the top five, as of January). And Western Digital hasn't said how much of its demand beyond this year they lock in.

Shares cost about 14 times fiscal 2028's expected earnings (that fiscal year ends in mid-2028). That isn't a rich price if the contracted growth arrives. But the risk, I think, sits in the years the contracts don't cover, when pricing could reset lower.

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2. Seagate: pricing is locked for all of 2027Seagate goes further. On its July earnings call, management said its build-to-order contracts already spell out product configurations and pricing for all of calendar 2027. Based on supply agreements in hand, most of the company's nearline exabyte supply is allocated into calendar 2028.

Growth is accelerating as those commitments stack up. Revenue for fiscal 2026 totaled $12.2 billion, up 34%, and the fiscal fourth quarter alone produced $3.63 billion, a 48% year-over-year jump. Adjusted gross margin hit 52.7%, up from 37.9%, and non-GAAP earnings per share of $5.71 was up 120%. Guidance calls for about $4.1 billion of fiscal first-quarter revenue, which implies about 56% year-over-year growth.

That acceleration is the part I keep coming back to. After all, with volumes and prices signed well in advance, a 56% outlook is largely a description of business already in hand.

At about 15 times its expected fiscal 2028 earnings, Seagate costs about what Western Digital does relative to profits. Arguably, more of Seagate's profits are already under contract.

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3. Sandisk: floors under half its shipmentsSandisk's commitments run deepest of the three. The flash memory maker has signed 10 long-term supply agreements covering eight customers.

Management expects over half of its fiscal 2027 volumes (the year now underway) to fall under the agreements, and about two-thirds of fiscal 2028's. And the contracts carry price floors. Even with every variable price at its floor, the agreements add up to at least $93.9 billion of revenue.

The floors haven't been tested by a falling market yet, though. And the boom they lock in is extraordinary: Sandisk's fiscal 2026 revenue climbed 175%, reaching $20.25 billion, on higher memory prices and a shift toward data-center customers.

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Which one would I buy?A $2,000 budget buys about four shares of Western Digital at around $467 as of this writing, two of Seagate, or one of Sandisk.

My pick is Seagate. Its contracts already fix pricing for all of calendar 2027, and most of its nearline capacity is spoken for into the year after that. Growth is accelerating, too.

Western Digital is riding the same boom at a similar price relative to expected earnings. But it hasn't shown how much of its supply beyond this year is locked in the way Seagate has, so I view that stock as a hold today. Sandisk may have the strongest protection of the three, but its floors haven't been through a downturn. I'd want to see that test first.

Of course, no contract makes the AI build-out permanent. If data-center spending slows, storage stocks could fall hard, signed volumes or not. Ultimately, though, given $2,000 to put into storage today, I'd buy Seagate.

Yum! Brands, Inc. transitions to a leaner portfolio post-Pizza Hut sale, focusing on KFC, Taco Bell, and Habit Burger. Proceeds from the Pizza Hut sale (~$2.3B) will reduce revolver debt and fund significant share buybacks, supporting a mid-single-digit yield. Post-cyclosporiasis outbreak, Taco Bell's same-store sales dipped but are expected to recover, with management guiding Q3 margins to 19–21%.

, /PRNewswire/ -- Paramount Skydance Corporation (NASDAQ: PSKY) ("Paramount") today announced the extension of the Expiration Dates in connection with the previously announced (i) offers to purchase (the "Tender Offers" and each, a "Tender Offer") for cash, upon the terms and subject to the conditions set forth in the related offer to purchase (the "Offer to Purchase"), any and all of the identified notes in each series of the Existing Tender Offer Notes (defined by reference to the table set forth below) issued by Discovery Global Holdings, Inc. (formerly WarnerMedia Holdings, Inc.) (the "DGH Issuer") and Discovery Communications, LLC (the "DCL Issuer" and together with the DGH Issuer, each a "WBD Issuer" and collectively the "WBD Issuers"), as applicable, and (ii) offers to exchange (the "Exchange Offers" and each, an "Exchange Offer" and, together with the Tender Offers, the "Offers" and each, an "Offer"), upon the terms and subject to the conditions set forth in the related exchange offer memorandum (the "Offering Memorandum"), any and all of the identified notes in each series of the Existing Exchange Offer Notes (defined by reference to the table set forth below) (together with the Existing Tender Offer Notes, the "Offer Notes") issued by the applicable WBD Issuer for notes to be newly issued by Paramount.

The Expiration Dates for the Tender Offers and Exchange Offers (as defined in each of the Offer to Purchase and Offering Memorandum, respectively) have been extended to 5:00 p.m., New York City time, on September 18, 2026, unless further extended. The Settlement Dates for the Tender Offers and Exchange Offers (as defined in each of the Offer to Purchase and Offering Memorandum, respectively) will occur promptly after the Expiration Date and are currently anticipated to occur in the third quarter of 2026. Paramount anticipates extending the Expiration Date for such Tender Offers and Exchange Offers until such time that would result in the Settlement Dates occurring on or promptly following the closing date of the proposed acquisition (the "Acquisition") by Paramount of Warner Bros. Discovery, Inc. ("WBD"). Tenders of the Offer Notes in the Offers may be withdrawn at any time prior to the Expiration Date. The aforementioned extensions further extend the Expiration Dates previously extended by Paramount on June 12, 2026, June 26, 2026, July 13, 2026, July 17, 2026, July 24, 2026, July 31, 2026, August 7, 2026, August 17, 2026, August 24, 2026, and August 31, 2026.

As of 5:00 p.m., New York City time, on September 4, 2026, approximately 66.28% and 75.31% of the aggregate principal amount of the Existing Tender Offer Notes and Existing Exchange Offer Notes, respectively, have been validly tendered in the applicable Offers. As Paramount previously announced that it anticipates extending the Offers to align with the closing date of the Acquisition, Paramount does not view these figures to be representative of the final results of the applicable Offers.

Information about each series of Offer Notes eligible to participate in the Offers is summarized below.

Type of Offer

Offer Notes to be Tendered
or Exchanged, as
Applicable

Issuer of Offer Notes

CUSIP No. / Common Code
/ ISIN Eligible to
Participate in the Offers (1)

Aggregate Principal
Amount of Offer Notes
Eligible to Participate in the
Offers (2)

Tender Offer

3.950% Senior Notes due
2028

DCL Issuer

25470D CP2

US25470DCP24

$1,234,458,000

Exchange Offer

4.125% Senior Notes due
2029

DCL Issuer

25470D CQ0

US25470DCQ07

$655,825,000

Exchange Offer

3.625% Senior Notes due
2030

DCL Issuer

25470D CR8

US25470DCR89

$914,183,000

Exchange Offer

5.000% Senior Notes due
2037

DCL Issuer

25470D CS6

US25470DCS62

$453,281,000

Exchange Offer

6.350% Senior Notes due
2040

DCL Issuer

25470D CT4

US25470DCT46

$438,102,000

Exchange Offer

4.950% Senior Notes due
2042

DCL Issuer

25470D CU1

US25470DCU19

$130,366,000

Exchange Offer

4.875% Senior Notes due
2043

DCL Issuer

25470D V91
CV9US25470DC

$141,584,000

Exchange Offer

5.200% Senior Notes due
2047

DCL Issuer

25470D W74
CW7US25470DC

$3,161,000

Exchange Offer

5.300% Senior Notes due
2049

DCL Issuer

25470D X57
CX5US25470DC

$247,860,000

Tender Offer

3.755% Senior Notes due
2027

DGH Issuer

254948 AH5

US254948AH58

254948 AN2

US254948AN27

U25483 AA3

USU25483AA38

$1,189,336,000

Exchange Offer

4.054% Senior Notes due
2029

DGH Issuer

254948 AJ1

US254948AJ15

254948 AP7

US254948AP74

U25483 AB1

USU25483AB11

$1,353,828,000

Exchange Offer

4.279% Senior Notes due
2032

DGH Issuer

254948 AK8

US254948AK87

254948 AQ5

US254948AQ57

$2,691,764,000

Exchange Offer

5.050% Senior Notes due
2042

DGH Issuer

254948 AL6

US254948AL60

254948 AR3

US254948AR31

U25483 AD7

USU25483AD76

$4,104,687,000

Exchange Offer

5.141% Senior Notes due
2052

DGH Issuer

254948 AM4

US254948AM44

254948 AS1

US254948AS14

$949,883,000

Exchange Offer

4.302% Senior Notes due
2030

DGH Issuer

XS3393993285

339399328

€234,382,000

Exchange Offer

4.693% Senior Notes due
2033

DGH Issuer

XS3393994507

339399450

€316,641,000

__________

(1)

No representation is made as to the correctness or accuracy of the identifiers listed in this press release or printed on the Offer Notes. Such identifiers are provided solely for the convenience of the holders.

(2)

Represents the aggregate principal amount of Offer Notes outstanding that are eligible to participate in the Offers.

The Exchange Offers are being made pursuant to an exemption from the registration requirements of the U.S. Securities Act of 1933, as amended (the "Securities Act"), and the rules and regulations of the Securities and Exchange Commission (the "SEC") promulgated thereunder, and are also not being registered under any state or foreign securities laws. Any securities offered pursuant to the Exchange Offers may not be offered or sold in the United States or to any U.S. persons (as defined below) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The Exchange Offers will only be made, and the securities offered pursuant to the Exchange Offers are only being offered and issued, to holders of applicable Existing Exchange Offer Notes who are (a) reasonably believed to be "qualified institutional buyers" as defined in Rule 144A under the Securities Act or (b) not "U.S. persons," as defined in Rule 902 of Regulation S under the Securities Act (such holders, "Eligible Holders"), and only Eligible Holders who have completed and returned the eligibility certification are authorized to receive or review the Offering Memorandum or to participate in the Exchange Offers. The eligibility certification is available electronically at: https://gbsc-usa.com/eligibility/paramount.

General

Each Offer is a separate offer, and each may be individually consummated, amended, extended, terminated, or withdrawn, subject to certain conditions and applicable law, at any time in Paramount's sole discretion, and without also consummating, amending, extending, terminating, or withdrawing any other Offer with respect to any other series of Offer Notes. Paramount may terminate an Offer if any of the conditions of such Offer described in the Offer to Purchase or Offering Memorandum, as applicable, are not satisfied or waived by the applicable Expiration Date, subject to applicable law. In addition, Paramount may waive the conditions to an Offer without extending such Offer in accordance with applicable law.

The Offers are being made solely by Paramount and are not being made by WBD or the WBD Issuers. None of Paramount, WBD, the WBD Issuers, the Dealer Managers, the Exchange Agent (as defined below), the Information Agent (as defined below), the trustees under each of the indentures governing the Offer Notes, the trustee or collateral agent under the indenture that will govern the notes to be issued in the Exchange Offers, or any affiliate of any of them makes any recommendation as to whether any holder of Offer Notes should tender or refrain from tendering all or any portion of the principal amount of such holder's Offer Notes for cash or notes to be issued in the Exchange Offers. No one has been authorized by any of them to make such a recommendation. Holders must make their own decision whether to tender Offer Notes in any Offer and, if so, the amount of Offer Notes to tender.

Only Eligible Holders may receive a copy of the Offering Memorandum and participate in the Exchange Offers. Paramount has engaged Global Bondholder Services Corporation to act as the exchange agent (in such capacity, the "Exchange Agent") and information agent (in such capacity, the "Information Agent") for the Offers. Questions concerning the Offers, or requests for additional copies of the Offer to Purchase or Offering Memorandum or other related documents, may be directed to Corporate Actions by telephone at (855) 654-2014 (U.S. toll-free) or (212) 430-3774 (banks and brokers) or by email at [email protected]. Holders should also consult their broker, dealer, commercial bank, trust company or other institution for assistance concerning the Offers. The Exchange Offer documents and the Tender Offer documents can be accessed at the following link: https://gbsc-usa.com/paramount.

Paramount has engaged BofA Securities and Citigroup as dealer managers (in such capacity, the "Dealer Managers") for the Offers. Holders with questions regarding the Offers should contact BofA Securities, Inc. at +1 (888) 292-0070 (toll-free) or +1 (980) 388-3646 (collect) or [email protected] or Citigroup Global Markets Inc. at +1 (800) 558-3745 (toll-free) or +1 (212) 723-6106 or [email protected]. Latham & Watkins LLP is serving as legal counsel to Paramount and Cahill Gordon & Reindel LLP is serving as legal counsel to the Dealer Managers.

This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security, and does not constitute an offer, solicitation, or sale of any security in any jurisdiction in which such offer, solicitation, or sale would be unlawful.

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.

PSKY-IR

Cautionary Note Concerning Forward-Looking Statements

This communication contains "forward-looking statements" regarding the Acquisition and the other transactions referred to herein. 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 Paramount. Risks and uncertainties include, but are not limited to: the risk that the closing conditions for the Acquisition will not be satisfied, including the risk that clearances under applicable antitrust or regulatory laws will not be obtained or will be obtained subject to conditions that are not anticipated; the possibility that the transactions described herein will not be completed in the expected timeframe or at all; the occurrence of any event, change or other circumstances that could give rise to the termination of the Acquisition; potential adverse effects to the businesses of Paramount or WBD during the pendency of the Acquisition, such as employee departures or distraction of management from business operations; negative effects of the announcement or the consummation of the Acquisition on the market price of WBD or Paramount stock; the risk of stockholder litigation relating to the Acquisition, including resulting expense or delay; the potential that the expected benefits and opportunities of the Acquisition, if completed, may not be realized or may take longer to realize than expected; risks related to the streaming business of the post-Acquisition combined business (the "Combined Company"); the adverse impact on the Combined Company'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 the Combined Company's decision to invest in new businesses, products, services, and technologies, and the evolution of the Combined Company's business strategy; the potential for loss of carriage or other reduction in, or the impact of negotiations for, the distribution of the Combined Company's content; damage to the Combined Company'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 the Combined Company's intellectual property rights; domestic and global political, economic and regulatory factors affecting the Combined Company's business generally or the Acquisition; the inability to hire or retain key employees or secure creative talent; disruptions to the Combined Company's operations as a result of labor disputes; risks and costs associated with the integration of, and Paramount's ability to integrate, the businesses of Paramount Global, Skydance Media, LLC, and WBD successfully and to achieve anticipated synergies, including in the amounts or on the timelines anticipated to realize such synergies; litigation related to the Acquisition and other matters or transactions; risks associated with the Combined Company's holding company structure, including its dependence on distributions from its subsidiaries to meet tax obligations and other cash requirements; risks related to our indebtedness, including our substantial outstanding debt obligations, our ability to incur substantially more debt and our ability to meet the financial and other covenants contained in the agreements governing the indebtedness of Paramount, WBD, or the Combined Company. A further list and description of these risks, uncertainties and other factors and the general risks associated with the respective businesses of Paramount and WBD can be found in Paramount's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 25, 2026, including in the sections captioned "Cautionary Note Concerning Forward-Looking Statements" and "Item 1A. Risk Factors," Paramount's most recently filed Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, filed with the SEC on August 4, 2026, including in the sections captioned "Cautionary Note Concerning Forward-Looking Statements" and "Item 1A. Risk Factors," and Paramount's subsequent filings with the SEC, and in WBD's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 27, 2026, including in the section captioned "Item 1A. Risk Factors," WBD's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, filed with the SEC on August 6, 2026, and WBD's subsequent filings with the SEC. Neither Paramount nor WBD undertakes to update any forward-looking statement as a result of new information or future events or developments, except as required by law.

SOURCE Paramount Skydance Corporation