Fifth Third Bancorp grew its stake in shares of Charles River Laboratories International, Inc. (NYSE:CRL – Free Report) by 51.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,733 shares of the medical research company’s stock after acquiring an additional 6,002 shares during the quarter. Fifth Third Bancorp’s holdings in Charles River Laboratories International were worth $3,059,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in CRL. Tema Etfs LLC bought a new position in Charles River Laboratories International during the fourth quarter valued at approximately $26,000. Los Angeles Capital Management LLC bought a new stake in shares of Charles River Laboratories International in the fourth quarter worth $42,000. Sfam LLC purchased a new stake in Charles River Laboratories International during the fourth quarter valued at $43,000. Activest Wealth Management increased its position in Charles River Laboratories International by 10,900.0% during the fourth quarter. Activest Wealth Management now owns 220 shares of the medical research company’s stock valued at $44,000 after acquiring an additional 218 shares during the last quarter. Finally, Elyxium Wealth LLC bought a new position in Charles River Laboratories International in the fourth quarter valued at about $46,000. 98.91% of the stock is currently owned by institutional investors.
Insiders Place Their Bets In related news, Director James C. Foster sold 75,000 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $225.00, for a total transaction of $16,875,000.00. Following the completion of the transaction, the director directly owned 31,596 shares of the company’s stock, valued at approximately $7,109,100. This trade represents a 70.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.30% of the company’s stock.
Wall Street Analyst Weigh In Several brokerages have recently weighed in on CRL. Mizuho increased their price objective on shares of Charles River Laboratories International from $192.00 to $230.00 and gave the stock a “neutral” rating in a research note on Monday, July 13th. Royal Bank Of Canada initiated coverage on shares of Charles River Laboratories International in a research report on Tuesday, April 14th. They set an “outperform” rating and a $215.00 target price for the company. Barclays upped their target price on shares of Charles River Laboratories International from $210.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Sanford C. Bernstein set a $250.00 price target on shares of Charles River Laboratories International in a research note on Wednesday, July 1st. Finally, Robert W. Baird set a $213.00 target price on Charles River Laboratories International in a report on Friday, May 8th. Eleven research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $220.75.
View Our Latest Stock Report on Charles River Laboratories International
Charles River Laboratories International Trading Down 2.0% Shares of CRL stock opened at $219.91 on Tuesday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.03 and a current ratio of 1.36. The stock has a fifty day simple moving average of $193.76 and a two-hundred day simple moving average of $186.77. The firm has a market capitalization of $10.59 billion, a PE ratio of -58.49, a PEG ratio of 2.50 and a beta of 1.40. Charles River Laboratories International, Inc. has a 52-week low of $144.26 and a 52-week high of $237.86.
Charles River Laboratories International (NYSE:CRL – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The medical research company reported $2.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.96 by $0.10. The business had revenue of $995.83 million during the quarter, compared to analyst estimates of $977.46 million. Charles River Laboratories International had a negative net margin of 4.59% and a positive return on equity of 15.36%. The company’s revenue was up 1.2% on a year-over-year basis. During the same period last year, the firm posted $2.34 EPS. Charles River Laboratories International has set its FY 2026 guidance at 10.800-11.300 EPS. On average, analysts predict that Charles River Laboratories International, Inc. will post 11.05 EPS for the current fiscal year.
Charles River Laboratories International Profile (Free Report)
Charles River Laboratories International, Inc is a leading provider of research models and preclinical and clinical support services for the pharmaceutical, biotechnology and medical device industries. The company’s core offerings include discovery, safety assessment, toxicology, and pathology services, as well as supply of laboratory animals and related diagnostics. Services extend across in vivo and in vitro testing, biologics testing, and support for advanced therapies, helping clients accelerate drug development from early discovery through regulatory submission.
Founded in 1947 in Wilmington, Massachusetts, Charles River has grown through strategic investments and acquisitions to establish a broad portfolio of capabilities.
Read More Five stocks we like better than Charles River Laboratories International The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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California Public Employees Retirement System lowered its holdings in shares of Hubbell Inc (NYSE:HUBB – Free Report) by 1.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 101,455 shares of the industrial products company’s stock after selling 1,697 shares during the period. California Public Employees Retirement System owned about 0.19% of Hubbell worth $49,788,000 as of its most recent filing with the SEC.
A number of other large investors also recently added to or reduced their stakes in HUBB. Wellington Management Group LLP grew its stake in shares of Hubbell by 140.4% during the fourth quarter. Wellington Management Group LLP now owns 2,514,632 shares of the industrial products company’s stock valued at $1,116,773,000 after buying an additional 1,468,701 shares during the last quarter. State Street Corp increased its holdings in shares of Hubbell by 1.8% in the fourth quarter. State Street Corp now owns 2,302,567 shares of the industrial products company’s stock worth $1,022,593,000 after buying an additional 40,623 shares during the period. Geode Capital Management LLC lifted its stake in shares of Hubbell by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 1,376,000 shares of the industrial products company’s stock valued at $608,704,000 after acquiring an additional 10,898 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Hubbell by 5.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,214,236 shares of the industrial products company’s stock valued at $539,257,000 after acquiring an additional 60,071 shares during the last quarter. Finally, Deutsche Bank AG boosted its holdings in Hubbell by 0.8% during the 4th quarter. Deutsche Bank AG now owns 1,142,410 shares of the industrial products company’s stock valued at $507,356,000 after acquiring an additional 9,202 shares during the period. Hedge funds and other institutional investors own 88.16% of the company’s stock.
Analysts Set New Price Targets HUBB has been the topic of several recent research reports. Weiss Ratings lowered Hubbell from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, July 14th. Wall Street Zen upgraded Hubbell from a “hold” rating to a “buy” rating in a research report on Saturday. UBS Group reissued a “neutral” rating and set a $515.00 price objective on shares of Hubbell in a research note on Tuesday, June 16th. Barclays raised their target price on shares of Hubbell from $481.00 to $503.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Finally, Wells Fargo & Company lifted their target price on shares of Hubbell from $530.00 to $560.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $554.38.
Get Our Latest Report on Hubbell
Hubbell Stock Down 0.7% HUBB stock opened at $485.43 on Tuesday. Hubbell Inc has a twelve month low of $403.82 and a twelve month high of $565.50. The company has a quick ratio of 0.94, a current ratio of 1.58 and a debt-to-equity ratio of 0.54. The firm has a market cap of $25.65 billion, a PE ratio of 28.67, a price-to-earnings-growth ratio of 2.46 and a beta of 0.89. The business has a 50 day moving average of $488.31 and a 200 day moving average of $496.00.
Hubbell (NYSE:HUBB – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $3.93 EPS for the quarter, beating the consensus estimate of $3.87 by $0.06. Hubbell had a net margin of 15.10% and a return on equity of 27.09%. The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the firm posted $3.50 EPS. Hubbell’s revenue for the quarter was up 11.1% on a year-over-year basis. Hubbell has set its FY 2026 guidance at 19.300-19.850 EPS. On average, research analysts forecast that Hubbell Inc will post 19.86 EPS for the current fiscal year.
Hubbell Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a $1.42 dividend. This represents a $5.68 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, May 29th. Hubbell’s dividend payout ratio is 33.55%.
About Hubbell (Free Report)
Hubbell Incorporated (NYSE: HUBB) is an industrial manufacturer and distributor of electrical and electronic products serving a range of end markets including commercial and residential construction, industrial, and utility customers. Founded in 1888 by Harvey Hubbell, the company has a long history in electrical innovation and product development and is headquartered in Connecticut. Hubbell designs, manufactures and sells components and systems that enable the distribution and control of electrical power and provide lighting solutions for indoor and outdoor environments.
The company’s offerings span a broad portfolio of products used by contractors, utilities, original equipment manufacturers and facility owners.
Further Reading Five stocks we like better than Hubbell The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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MELVILLE, N.Y.--(BUSINESS WIRE)--Henry Schein, Inc. (Nasdaq: HSIC), the world's largest provider of healthcare solutions to office-based dental and medical practitioners, announced today that it will release its second quarter 2026 financial results before the stock market opens on Tuesday, August 4, 2026, and will provide a live webcast of its earnings conference call on the same day beginning at 8:00 a.m. Eastern time. Speakers on the call will include Fred Lowery, Chief Executive Officer and.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
The analysis is provided exclusively for informational purposes and should not be considered professional investment advice. Before investing, please conduct personal in-depth research and utmost due diligence, as there are many risks associated with the trade, including capital loss.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Bessemer Group Inc. lifted its stake in Red Rock Resorts, Inc. (NASDAQ:RRR – Free Report) by 48.5% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 81,494 shares of the company’s stock after purchasing an additional 26,600 shares during the period. Bessemer Group Inc. owned 0.08% of Red Rock Resorts worth $4,349,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Louisiana State Employees Retirement System acquired a new position in shares of Red Rock Resorts in the first quarter valued at approximately $1,147,000. UBS Group AG raised its holdings in shares of Red Rock Resorts by 205.1% during the fourth quarter. UBS Group AG now owns 476,311 shares of the company’s stock worth $29,507,000 after acquiring an additional 320,175 shares during the period. BI Asset Management Fondsmaeglerselskab A S lifted its position in Red Rock Resorts by 54.8% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 125,800 shares of the company’s stock valued at $7,793,000 after acquiring an additional 44,546 shares in the last quarter. Legal & General Group Plc lifted its position in Red Rock Resorts by 147.9% in the 4th quarter. Legal & General Group Plc now owns 119,453 shares of the company’s stock valued at $7,400,000 after acquiring an additional 71,274 shares in the last quarter. Finally, Tudor Investment Corp ET AL acquired a new position in Red Rock Resorts in the 3rd quarter worth $15,114,000. 47.84% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades A number of research firms have issued reports on RRR. Wells Fargo & Company upgraded Red Rock Resorts from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $55.00 to $75.00 in a report on Tuesday, July 14th. Weiss Ratings raised Red Rock Resorts from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 10th. Morgan Stanley set a $59.00 price objective on Red Rock Resorts in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $72.00 target price on shares of Red Rock Resorts in a research report on Thursday, April 30th. Finally, Zacks Research cut Red Rock Resorts from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 6th. Fourteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $70.24.
Read Our Latest Research Report on RRR
Red Rock Resorts Price Performance NASDAQ:RRR opened at $64.94 on Tuesday. The company has a debt-to-equity ratio of 14.42, a quick ratio of 0.76 and a current ratio of 0.81. The stock’s 50-day simple moving average is $60.16 and its 200 day simple moving average is $59.66. The company has a market cap of $6.82 billion, a P/E ratio of 20.88, a P/E/G ratio of 4.90 and a beta of 1.35. Red Rock Resorts, Inc. has a 52-week low of $50.52 and a 52-week high of $68.99.
Red Rock Resorts (NASDAQ:RRR – Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.17). The company had revenue of $507.32 million for the quarter, compared to the consensus estimate of $505.63 million. Red Rock Resorts had a return on equity of 61.67% and a net margin of 9.21%.The business’s revenue was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.75 EPS. As a group, sell-side analysts forecast that Red Rock Resorts, Inc. will post 1.53 EPS for the current fiscal year.
Red Rock Resorts Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a dividend of $0.26 per share. The ex-dividend date was Monday, June 15th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.6%. Red Rock Resorts’s dividend payout ratio is currently 33.44%.
Red Rock Resorts Company Profile (Free Report)
Red Rock Resorts, Inc (NASDAQ: RRR) is a publicly traded gaming and hospitality company headquartered in Summerlin, Nevada. The company owns and operates a diversified portfolio of full-service casino resorts and neighborhood gaming properties in the Las Vegas valley. Its core business activities include resort hotel accommodations, casino gaming, food and beverage operations, entertainment and convention services designed to meet the needs of both leisure and business travelers.
The company’s flagship resort, Red Rock Casino Resort & Spa, features a full range of table games, slot machines, a luxury spa, convention space, multiple signature restaurants and live entertainment venues.
Further Reading Five stocks we like better than Red Rock Resorts The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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AST SpaceMobile, known for building a space-based cellular broadband network, recently priced its $1 billion proposed public offering of convertible senior notes.
Fiserv, Inc. (NASDAQ:FISV), meanwhile, has to merge with another company, Cramer said. The company provides payment processing and digital banking, and there are far too many companies in that sector, he added.
Fiserv said it will announce its second quarter financial results before the opening bell on Thursday, Aug. 6.
Cramer said Lyft (NASDAQ:LYFT) CEO David Risher is doing a good job. “It’s been trading back and forth and back and forth, but $15 is a good level to start,” he added.
On the earnings front, Lyft said it will release financial results for the second quarter after the close of the market on Thursday, Aug. 6.
CleanSpark, on July 14, announced it entered into a $6.6 billion, 20-year lease with a global technology company.
“That thing has just been crushed,” Cramer said when asked about First Solar (NASDAQ:FSLR) “It has one of the worst charts I’ve ever seen.”
First Solar said it will report financial results for the second quarter after the market closes on Thursday, July 30.
Lending support to his choice, Citigroup analyst Jon Tower, on July 10, maintained Cheesecake Factory with a Buy and raised the price target from $76 to $90.
Price Action Fiserv shares gained 2.1% to settle at $51.68 on Monday. Lyft shares fell 0.6% to close at $15.43 during the session. CleanSpark shares jumped 10.7% to settle at $14.42 on Monday. First Solar shares declined 3.2% to close at $205.31. Cheesecake Factory shares gained 0.4% to settle at $86.11 on Monday. AST SpaceMobile shares fell 0.7% to settle at $57.42 on Monday. Photo via Shutterstock
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Bank of New York Mellon Corp lifted its stake in shares of Nu Holdings Ltd. (NYSE:NU – Free Report) by 4.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,011,073 shares of the company’s stock after purchasing an additional 349,255 shares during the period. Bank of New York Mellon Corp owned 0.16% of NU worth $115,119,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in NU. LOM Asset Management Ltd acquired a new stake in shares of NU in the fourth quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of NU by 14,810.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,491 shares of the company’s stock worth $25,000 after acquiring an additional 1,481 shares during the period. Cornerstone Planning Group LLC lifted its holdings in NU by 5,448.3% during the 4th quarter. Cornerstone Planning Group LLC now owns 1,609 shares of the company’s stock valued at $27,000 after purchasing an additional 1,580 shares during the last quarter. Zions Bancorporation National Association UT bought a new position in NU during the fourth quarter worth $27,000. Finally, Morse Asset Management Inc bought a new position in NU during the fourth quarter worth $31,000. 84.02% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at NU In other news, Director Anita M. Sands sold 21,000 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $12.24, for a total transaction of $257,040.00. Following the completion of the sale, the director directly owned 162,150 shares of the company’s stock, valued at $1,984,716. The trade was a 11.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Wall Street Analyst Weigh In NU has been the subject of a number of research reports. Scotiabank downgraded NU to a “sector perform” rating and set a $13.00 target price for the company. in a report on Wednesday, June 3rd. Weiss Ratings lowered shares of NU from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 13th. UBS Group dropped their price objective on shares of NU from $18.10 to $16.90 and set a “buy” rating for the company in a research note on Wednesday, May 20th. Susquehanna downgraded shares of NU from a “positive” rating to a “neutral” rating and cut their price objective for the company from $18.00 to $13.00 in a report on Wednesday, June 3rd. Finally, Needham & Company LLC assumed coverage on shares of NU in a research report on Friday, June 26th. They set a “buy” rating and a $17.00 target price on the stock. Ten equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, NU has a consensus rating of “Moderate Buy” and a consensus target price of $17.24.
Get Our Latest Analysis on NU
NU Stock Up 3.2% Shares of NU opened at $14.03 on Tuesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.58 and a current ratio of 0.58. Nu Holdings Ltd. has a 52 week low of $11.20 and a 52 week high of $18.98. The stock has a market capitalization of $68.13 billion, a price-to-earnings ratio of 21.59, a PEG ratio of 0.54 and a beta of 0.95. The stock has a fifty day moving average of $12.90 and a 200-day moving average of $14.75.
NU (NYSE:NU – Get Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). NU had a net margin of 18.20% and a return on equity of 30.91%. The company had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.06 billion. As a group, sell-side analysts anticipate that Nu Holdings Ltd. will post 0.83 earnings per share for the current fiscal year.
NU declared that its board has approved a stock repurchase plan on Thursday, June 4th that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its shares are undervalued.
NU Profile (Free Report)
Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.
Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.
Further Reading Five stocks we like better than NU The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding NU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nu Holdings Ltd. (NYSE:NU – Free Report).
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Baader Bank Aktiengesellschaft lowered its holdings in Nu Holdings Ltd. (NYSE:NU – Free Report) by 46.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 257,129 shares of the company’s stock after selling 226,729 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in NU were worth $3,695,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Maxi Investments CY Ltd grew its position in NU by 85.5% in the 4th quarter. Maxi Investments CY Ltd now owns 783,000 shares of the company’s stock worth $13,107,000 after purchasing an additional 361,000 shares during the last quarter. C WorldWide Group Holding A S raised its holdings in shares of NU by 1,045.3% during the fourth quarter. C WorldWide Group Holding A S now owns 311,792 shares of the company’s stock valued at $5,219,000 after buying an additional 284,569 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of NU by 4.4% during the fourth quarter. Vanguard Group Inc. now owns 24,814,878 shares of the company’s stock valued at $415,401,000 after buying an additional 1,037,438 shares during the last quarter. Genoa Capital Gestora de Recursos Ltda. acquired a new position in shares of NU during the fourth quarter worth approximately $3,869,000. Finally, Danske Bank A S boosted its position in shares of NU by 515.0% during the fourth quarter. Danske Bank A S now owns 5,074,732 shares of the company’s stock worth $84,951,000 after buying an additional 4,249,632 shares during the period. 84.02% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes A number of equities analysts recently issued reports on the company. UBS Group decreased their price objective on NU from $18.10 to $16.90 and set a “buy” rating for the company in a report on Wednesday, May 20th. Susquehanna lowered NU from a “positive” rating to a “neutral” rating and reduced their price target for the stock from $18.00 to $13.00 in a research report on Wednesday, June 3rd. Weiss Ratings cut NU from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 13th. Scotiabank lowered NU to a “sector perform” rating and set a $13.00 price target on the stock. in a report on Wednesday, June 3rd. Finally, Needham & Company LLC initiated coverage on shares of NU in a research note on Friday, June 26th. They set a “buy” rating and a $17.00 price objective on the stock. Ten analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, NU presently has a consensus rating of “Moderate Buy” and a consensus target price of $17.24.
Check Out Our Latest Analysis on NU
Insider Buying and Selling at NU In other NU news, Director Anita M. Sands sold 21,000 shares of NU stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $12.24, for a total transaction of $257,040.00. Following the transaction, the director owned 162,150 shares of the company’s stock, valued at $1,984,716. The trade was a 11.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
NU Stock Performance NYSE:NU opened at $14.03 on Tuesday. The company has a 50-day moving average of $12.90 and a 200-day moving average of $14.75. The firm has a market cap of $68.13 billion, a price-to-earnings ratio of 21.59, a price-to-earnings-growth ratio of 0.54 and a beta of 0.95. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.36. Nu Holdings Ltd. has a twelve month low of $11.20 and a twelve month high of $18.98.
NU (NYSE:NU – Get Free Report) last released its quarterly earnings data on Friday, May 15th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.01). NU had a return on equity of 30.91% and a net margin of 18.20%.The company had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.06 billion. Analysts forecast that Nu Holdings Ltd. will post 0.83 earnings per share for the current fiscal year.
NU announced that its board has initiated a share repurchase plan on Thursday, June 4th that permits the company to buyback $0.00 in shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.
NU Company Profile (Free Report)
Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.
Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.
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JERUSALEM--(BUSINESS WIRE)--Select Stellantis vehicles will use Mobileye's REM Road Experience Management technology, expanding key ADAS features such as hands-free driving.
A logo on the exterior of a Stellantis office building in Poissy, near Paris, France, May 4, 2026. REUTERS/Benoit Tessier Purchase Licensing Rights, opens new tab
CompaniesJuly 21 (Reuters) - Mobileye Global (MBLY.O), opens new tab will supply Stellantis with cloud-driven advanced driver-assistance technology, the Israeli company said on Tuesday, as automakers race to meet rising demand for connected safety systems.
The ADAS hardware maker's shares were up about 6% in premarket trading.
Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here.
The companies said select models from Stellantis, the parent of Jeep and Chrysler, will integrate Mobileye's Road Experience Management technology from 2027, using crowdsourced road data to improve lane keeping and hands-free driving.
ADAS has become one of the auto industry's fastest-growing technologies as carmakers race to offer increasingly sophisticated safety and convenience features and generate higher-margin software revenue.
The technology is widely seen as a step toward fully autonomous driving, though regulators still require drivers to remain attentive when using hands-free systems.
The first applications are expected in select U.S. Stellantis models next year, with wider rollout subject to vehicle platform and configuration.
Stellantis will be the fifth of the world's 10 largest automakers to contribute data to Mobileye's REM platform, which covers more than 95% of public roads in the United States and Europe. More than 8 million vehicles logged 34 billion miles of data on the platform last year, Mobileye said.
Jerusalem-based Mobileye's system collects road data through front-facing cameras in EyeQ-equipped vehicles and combines it with cloud-based mapping intelligence. That allows vehicles to receive real-time updates on lane markings, road layouts and construction zones.
Reporting by Akash Sriram in Bengaluru; Editing by Tasim Zahid
Our Standards: The Thomson Reuters Trust Principles., opens new tab
SoundHound AI (SOUN +0.64%) aims to control the conversational layer that connects users, AI models, and real-world services. Its growing presence in vehicles and restaurants creates an intriguing opportunity, but profitability remains the crucial test that could determine whether this emerging platform becomes an enduring AI business.
Stock prices used were the market prices of July 10, 2026. The video was published on July 19, 2026.
Rick Orford has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends SoundHound AI. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
FARNBOROUGH, England--(BUSINESS WIRE)--Hexcel Corp. (NYSE: HXL), a global leader in advanced composites, has completed qualification of its HexPly® M91 carbon fiber-reinforced epoxy prepreg system through the National Center for Advanced Materials Performance (NCAMP), an initiative of the National Institute for Aviation Research (NIAR) at Wichita State University.The qualification includes both unidirectional tape and plain weave fabric forms, establishing a fully characterized material system f.
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) today announced it will release financial results for the second quarter ended June 30, 2026 before the market opens on Wednesday, July 29, 2026. The Company will host a conference call to discuss these financial results the same day at 8:00 a.m. Pacific Time (PT). Interested parties are welcome to attend the conference call by dialing (888) 317-6003 and referencing event code 9364475. A link to the live audio w.
Největší americká automobilka General Motors ve druhém čtvrtletí zvýšila provozní zisk meziročně o 30 procent na 3,9 miliardy dolarů (82,5 miliardy Kč) a znovu zlepšila i celoroční výhled. Oznámila to dnes ve své výsledkové zprávě. Výsledku pomohl především prodej ziskových sportovně-užitkových vozů (SUV) a nákladních automobilů. Tržby vzrostly o dvě procenta na 48 miliard dolarů.
Detroitská automobilka výrazně překonala odhady analytiků, kteří podle dat společnosti LSEG očekávali čtvrtletní zisk před započtením úroků a daní 3,2 dolaru na akcii, zatímco firma oznámila zisk 3,57 USD na akcii. Podařilo se jí to navzdory nestabilní ekonomické situaci, kdy se zákazníci ve druhém čtvrtletí potýkali s vyššími cenami pohonných hmot, přetrvávající inflací a pomalejším růstem zaměstnanosti.
Podobně jako v prvním čtvrtletí automobilka zvýšila celoroční výhled zisku opět o 500 milionů dolarů, aktuálně na rozmezí 14 až 16 miliard dolarů. Firma očekává, že půl miliardy dolarů získá zpět za cla zavedená prezidentem Donaldem Trumpem, která v únoru zrušil americký nejvyšší soud.
Generální ředitelka GM Mary Barraová uvedla, že očekává pokračování pozitivního trendu i v příštím roce. "Očekáváme, že tyto trendy budou i nadále posilovat naše výsledky až do roku 2027 a dále, protože disponujeme řadou faktorů podporujících růst marží a celkový růst, přičemž zachováváme kapitálovou disciplínu," napsala Barraová v dopise akcionářům.
Novo Nordisk podal ve Spojených státech žalobu na svého hlavního konkurenta Eli Lilly. Dánská firma tvrdí, že reklamní kampaně propagující přípravky Zepbound a Mounjaro uvádějí spotřebitele v omyl tím, že prezentují neúplné a zastaralé údaje o účinnosti konkurenčních léků Wegovy a Ozempic od Novo Nordisku. Informoval o tom server CNBC.
Zastaralé klinické studie ohledně porovnání nejvyšších dávek léků Lilly s nižšími dávkami léků Novo „vedou k nevyhnutelnému závěru, že léky Lilly jsou lepší než léky od Novo, a to není přesné“, sdělil CNBC John Kuckelman, hlavní právní zástupce skupiny Novo, jež tvrdí, že takové srovnání neodráží současný stav trhu a dostupných klinických dat.
Novo Nordisk v žalobě požaduje, aby soud Eli Lilly zakázal další šíření sporných reklam a zároveň nařídil zveřejnění opravných sdělení. Kromě toho se firma domáhá finanční náhrady škody, jejíž výše zatím nebyla specifikována.
Dánská společnost prý zaslala svému konkurentovi formální výzvu k ukončení reklamních kampaní už v dubnu, avšak bez výsledku. Pokud Lilly reklamy nestáhne dobrovolně, chce Novo v následujících dnech usilovat také o předběžné opatření, které by jejich vysílání zastavilo ještě před konečným rozhodnutím soudu.
Dánské firmě vadí zejména to, že reklamy konkurenta nezohledňují nově schválenou vysokodávkovou variantu léku Wegovy, která byla uvedena na trh letos na jaře. Podle Novo právě tato verze přináší výsledky v redukci hmotnosti, které jsou mnohem bližší účinkům Zepbound od Lilly.
„Reklamní sdělení vedou spotřebitele k závěru, že přípravky Eli Lilly jsou jednoznačně účinnější než naše léky. Domníváme se, že takový závěr není podložen aktuálními důkazy,“ stojí v žalobě.
V té je konkrétně zmíněna televizní reklama, která přímo srovnává Zepbound a Wegovy. Ve spotu zaznívá, že pacienti užívající Zepbound ztrácejí v průměru přibližně 50 liber (22,7 kg) tělesné hmotnosti, zatímco u Wegovy to je zhruba 33 liber (15 kg). Tato čísla vycházejí z klinického srovnání nejvyšších dávek přípravku Zepbound s dávkami Wegovy 1,7 mg a 2,4 mg.
Podle Novo Nordisk však novější studie ukazují, že vyšší dávka Wegovy 7,2 mg vede v průměru k úbytku hmotnosti okolo 47 liber (21,3 kg), což se podle firmy pohybuje na srovnatelné úrovni s nejnovějšími výsledky dosahovanými přípravkem Zepbound.
Dánský výrobce zároveň tvrdí, že existence této vyšší dávky je v reklamních materiálech zmíněna pouze v obtížně čitelné poznámce pod čarou, která podle něj spotřebitelům neposkytuje dostatečné informace o aktuální účinnosti léčby, píše CNBC.
Přímá studie neexistuje
Dalším argumentem Novo Nordisku je skutečnost, že dosud nebyla provedena přímá klinická studie, která by porovnávala nejvyšší komerčně dostupné dávky Wegovy a Zepbound. Podle žaloby proto Eli Lilly nemá dostatečný základ pro kategorická tvrzení o nadřazenosti svého přípravku.
„I když to bylo možné říci předtím, než byl Wegovy dostupný i v dávce 7,2 miligramu, tak dnes už to není přesné. Myslíme si, že mají právní povinnost, ale ještě důležitější je, že mají povinnost vůči pacientům sdílet přesné informace,“ dodal Kuckelman.
JACKSONVILLE, Fla.--(BUSINESS WIRE)---- $RDW--Redwire Corporation (NYSE: RDW), a global leader in space and defense technology solutions, has opened its new 30,000 square foot state-of-the-art, vertically-integrated research and microgravity payload development facility in Georgetown, Indiana. The facility will serve as a global hub supporting accelerated demand as the company continues to expand its leadership in space-enabled research, development, and manufacturing with a focus on pharmaceutical/biot.
Andra AP fonden cut its stake in Garmin Ltd. (NYSE:GRMN – Free Report) by 7.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,356 shares of the scientific and technical instruments company’s stock after selling 7,744 shares during the quarter. Andra AP fonden’s holdings in Garmin were worth $21,660,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Westmount Partners LLC grew its stake in shares of Garmin by 1.9% during the first quarter. Westmount Partners LLC now owns 2,205 shares of the scientific and technical instruments company’s stock valued at $512,000 after acquiring an additional 42 shares in the last quarter. Caldwell Trust Co boosted its holdings in Garmin by 4.4% in the first quarter. Caldwell Trust Co now owns 1,023 shares of the scientific and technical instruments company’s stock worth $237,000 after purchasing an additional 43 shares during the period. HHM Wealth Advisors LLC raised its holdings in shares of Garmin by 6.9% during the first quarter. HHM Wealth Advisors LLC now owns 698 shares of the scientific and technical instruments company’s stock worth $162,000 after purchasing an additional 45 shares during the period. Fulton Bank N.A. lifted its position in shares of Garmin by 2.9% in the 1st quarter. Fulton Bank N.A. now owns 1,672 shares of the scientific and technical instruments company’s stock worth $388,000 after buying an additional 47 shares during the last quarter. Finally, Daymark Wealth Partners LLC lifted its position in shares of Garmin by 0.7% in the 4th quarter. Daymark Wealth Partners LLC now owns 6,813 shares of the scientific and technical instruments company’s stock worth $1,382,000 after buying an additional 48 shares during the last quarter. 81.60% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Garmin In other Garmin news, CFO Douglas G. Boessen sold 2,000 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $237.91, for a total transaction of $475,820.00. Following the transaction, the chief financial officer owned 26,049 shares of the company’s stock, valued at approximately $6,197,317.59. This trade represents a 7.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Joseph J. Hartnett sold 643 shares of the business’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $263.57, for a total transaction of $169,475.51. Following the sale, the director owned 21,277 shares in the company, valued at $5,607,978.89. This trade represents a 2.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 14.80% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth A number of brokerages recently weighed in on GRMN. Tigress Financial boosted their price objective on shares of Garmin from $320.00 to $325.00 and gave the company a “strong-buy” rating in a research report on Wednesday, May 20th. Weiss Ratings reissued a “buy (b)” rating on shares of Garmin in a report on Monday, June 8th. Zacks Research downgraded Garmin from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. upped their target price on Garmin from $265.00 to $285.00 and gave the company a “neutral” rating in a report on Thursday, April 16th. Finally, Wall Street Zen cut Garmin from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $269.40.
View Our Latest Stock Analysis on GRMN
Garmin Trading Down 1.7% GRMN opened at $245.23 on Tuesday. The business’s 50 day moving average is $238.23 and its 200-day moving average is $233.94. The stock has a market cap of $47.30 billion, a PE ratio of 27.34, a price-to-earnings-growth ratio of 2.95 and a beta of 0.90. Garmin Ltd. has a twelve month low of $186.67 and a twelve month high of $273.32.
Garmin (NYSE:GRMN – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The scientific and technical instruments company reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.84 by $0.24. Garmin had a return on equity of 20.07% and a net margin of 23.26%.The business had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.72 billion. During the same period in the prior year, the company posted $1.61 EPS. The business’s revenue for the quarter was up 14.0% compared to the same quarter last year. Garmin has set its FY 2026 guidance at 9.350-9.350 EPS. As a group, analysts forecast that Garmin Ltd. will post 9.53 EPS for the current year.
About Garmin (Free Report)
Garmin Ltd. is a technology company best known for designing and manufacturing navigation, communication and information devices that leverage global positioning system (GPS) technology. The company serves a diverse set of markets including consumer fitness and wearables, automotive navigation, aviation avionics, marine electronics and outdoor handheld devices. Garmin’s products combine hardware, mapping and software services to deliver location-aware solutions for personal, recreational and professional uses.
Garmin’s product lineup includes wearable fitness and multisport watches (Forerunner, Fenix, Venu), cycling computers and accessories (Edge, Varia), handheld and handheld-mounted GPS devices for outdoor activities, automotive and portable navigation units, marine chartplotters and fishfinders, and certified avionics for fixed- and rotary-wing aircraft.
Recommended Stories Five stocks we like better than Garmin The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding GRMN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Garmin Ltd. (NYSE:GRMN – Free Report).
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Smart golf tool sends precise distances to compatible devices, giving players extra confidence when making decisions on the course
, /PRNewswire/ -- Garmin (NYSE: GRMN) today unveiled Approach® Z10, a compact laser rangefinder that provides precise measurements1 to the pin of up to 350 yards with six times magnification. Weighing less than 7 ounces, the rangefinder is smaller and lighter than most smartphones and offers powerful attributes, including Garmin's Range Relay feature which sends ranged distances to a compatible smartwatch, handheld or the Garmin Golf™ smartphone app. Once the target has been locked in, players can see a laser range arc on their paired devices that reveals everything in play as well as distances to the front and back of the green to quickly understand where the pin is located2.
Smart golf tool sends precise distances to compatible devices, giving players extra confidence when making decisions on the course. "For players that use a Garmin smartwatch or golf handheld on the course, the Approach Z10 can supercharge their devices, making them extremely precise with measurements to the pin, the front and back of the green and everything else in play. We understand the importance of having accurate distances when you're deciding which club to use and how you approach each shot."
–Susan Lyman, Garmin Vice President of Consumer Sales and Marketing
Ready for the round
Quickly range distance to the pin: View distance to the pin and the front and back of the green, with vibrational feedback to know when the rangefinder is locked in on its target. Dynamic distance: Ranged distances synced to a compatible Garmin device stay dynamic, automatically adjusting as players approach the target. No need to re-range before each shot. PlaysLike distance: See how far each shot should play directly through the viewfinder, with yardage adjusted for elevation changes. Tournament mode: An external indicator light lets competitors know that the device is only providing data within the rules. Magnetic mount: Conveniently store the range finder with an included magnetic mount when riding in a golf cart. Find My Rangefinder: If misplaced, players can see their rangefinder's last known location when paired to the Garmin Golf app. Exceptional battery life: Enjoy up to one year of use without needing to replace the battery. Become a Garmin Golf member
Not only does the Garmin Golf app provide players with premium features when using the Approach Z10, but a Garmin Golf membership ($9.99/month or $99.99/year) also gives golfers access to Green Contour Data, allowing them to see the slope direction of the green on select courses. Using the slope information, golfers can figure out how much the ball will release after pitching, know which side of the pin is better to putt from and know the best miss for worst-case scenarios. Players can also get aerial imagery for a high-resolution, realistic view of the shot ahead on the more than 43,000 courses from around the world.
The Approach Z10 laser rangefinder is available now with a suggested retail price of $299.99. To learn more, visit garmin.com/golf.
Engineered on the inside for life on the outside, Garmin products have revolutionized life for adventurers, athletes, off-road explorers, road warriors and outdoor enthusiasts everywhere. Committed to developing products that enhance experiences, enrich lives and help provide peace of mind, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. Visit the Garmin Newsroom, email our media team, connect with @garmin on social, or follow our blog.
1 Ranged distances are accurate within one yard.
2 When connected to the Garmin Golf app or a compatible Garmin device.
About Garmin: Garmin Ltd. (NYSE: GRMN) is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin and Approach are registered trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.
Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 27, 2025, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). Copies of such Form 10-K are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Media Contacts:
Mike Cummings & Connor Hoffman
913-397-8200
[email protected]
Distraction-free design provides comprehensive 24/7 health monitoring and activity tracking—no subscription required
, /PRNewswire/ -- Garmin (NYSE: GRMN) today announced CIRQA™ Smart Band, its first screen-free smart band that tracks advanced fitness and wellness features—all without the need for a subscription. Designed to help users make improvements toward a healthier lifestyle without commanding all their attention, this smart band gets up to 10 days of battery life and provides around-the-clock health and fitness monitoring with data that can instantly be accessed through the Garmin Connect™ app.
CIRQA Smart Band is Garmin's first screenless smart band that provides comprehensive 24/7 health monitoring and activity tracking - no subscription required. "We purposefully created CIRQA Smart Band for those who are passionate about staying healthy and active. With its discreet design and trusted health and fitness tracking tools Garmin is known for, this smart band complements our lineup of popular smartwatches and wellness monitors, allowing users to transition smoothly between their Garmin devices throughout the day. Plus, with no subscription required, CIRQA Smart Band helps you stay on top of your health and fitness goals—and makes a thoughtful gift for others who want to do the same."
—Susan Lyman, Garmin Vice President of Consumer Sales and Marketing
Comfortable and distraction-free
Inconspicuous design helps minimize distractions while tracking important health and performance metrics. Automatically detect and record a variety of activities, even without a screen. The activities can be viewed and edited afterwards in Garmin Connect and, as users confirm or edit their activities, the smart band will adapt to more accurately classify them in the future. Fabric band provides maximum comfort for all-day wear and is available in both fun and neutral colors like Citron Gray, Mauve, French Gray, Dark Olive, Captain Blue, French Blue and Black. Can be worn around the wrist or as an arm band based on activity or sleeping preferences. Health monitoring
When worn day and night, CIRQA Smart Band helps provide a more complete picture of overall health1. Users can track metrics like wrist-based heart rate, Body Battery™ energy monitoring, Pulse Ox2, stress, skin temperature and more and immediately see their data in Garmin Connect. Women can also track their menstrual cycle and pregnancy, get better period predictions and past ovulation estimates by tracking skin temperature while sleeping3 and sync their data with the FDA-cleared Natural Cyclesº birth control app4 (Natural Cycles subscription required).
Comfortable without compromise, CIRQA Smart Band can help users log a better night's sleep and understand how well they've recovered. This smart band provides comprehensive sleep data, including a detailed breakdown of sleep stages, a sleep score, guidance on optimal sleep duration, heart rate variability, respiration and nap detection—all readily available within the Garmin Connect app.
Fitness tracking
In addition to tracking daily steps, calories burned and more, CIRQA Smart Band includes popular fitness features to help users make the most of their workouts.
Manual activity tracking: Track more than 80 different activities – including running, walking, yoga and more – or select a favorite activity to track by simply tapping the single side button. Advanced training metrics: Dial in with performance features like training readiness to know whether it's a good day to go hard or take it easy and track progress with HRV status, VO2 max and training status to get insights into training effectiveness. Workout benefit and recovery time: Better understand how each workout affects the body and how much time is needed to recover. Connected GPS: Connect to a compatible iPhone® or Android™ smartphone's GPS to accurately track outdoor walks, rides and runs. LiveTrack location sharing: Let friends and family follow along in real-time when using a smartphone and the Garmin Connect app. Available now, CIRQA Smart Band has a suggested retail price of $199.99.
Engineered on the inside for life on the outside, Garmin products have revolutionized the aviation, automotive, fitness, marine and outdoor markets. Dedicated to helping people make the most of the time they spend pursuing their passions, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. Visit the Garmin Newsroom, email our media team, connect with @garmin on social, or follow our blog.
1 Activity tracking accuracy.
2 This is not a medical device and is not intended for use in the diagnosis or monitoring of any medical condition; see Garmin.com/ataccuracy. Pulse Ox not available in all countries.
3 This feature is not intended to support conception, contraception or birth control. This is not a medical device and is not intended for diagnosing or monitoring any medical condition. See Garmin.com/ataccuracy.
4 Compatible Garmin smartwatches are consumer wellness devices and are not medical devices intended to diagnose, treat, prevent or monitor medical conditions. The Natural Cycles app independently determines fertility status based on skin temperature and other data when worn on the wrist.
About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark and CIRQA, Garmin Connect, Body Battery and Garmin Active Intelligence are trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved. iPhone is a trademark of Apple Inc., registered in the U.S. and other countries. Android is a trademark of Google LLC.
Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 27, 2025, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). Copies of such Form 10-K are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
MEDIA CONTACTS: Stephanie Kelner, Natalie Miller and Adrieanna Norse / 913-397-8200 / [email protected]
What a time for tech investors. Quantum computing looks like a remarkable follow-up to artificial intelligence (AI). Researchers at McKinsey estimate that quantum computing could create up to $2.7 trillion in economic value for companies worldwide by 2040. Quantum computers could unlock new possibilities across applications, ranging from drug discovery to cybersecurity and AI.
D-Wave Quantum (QBTS 0.06%) is a promising quantum computing company. Its quantum annealing systems are already commercially available, and the acquisition of Quantum Circuits earlier this year gives it a pathway to gate-model systems. As a result, the company can pursue a broad range of commercial opportunities.
But is D-Wave Quantum stock actually a millionaire-maker? Investors may want to temper their expectations.
Image source: Getty Images.
The stock is way ahead of the business Many millionaire-maker stocks start out really small. That's because it's usually much easier for a stock's market cap to grow from $500 million to $5 billion than it is to go from $50 billion to $500 billion. It's just difficult to grow large numbers for all but the most exceptional businesses. D-Wave Quantum's current market cap of $6.2 billion doesn't seem huge at first glance. That's until you look at the actual business, which is still in its infancy.
D-Wave Quantum has generated only $12.4 million in total revenue over the past year. Wall Street analysts estimate that revenue will grow to $42.8 million this year and $85.8 million next year. That's really strong growth, but from a tiny base. The stock is still very expensive, trading at approximately 72 times next year's revenue estimate. To realistically deliver life-changing investment returns from here, D-Wave Quantum probably needs to grow to a market cap of at least $100 billion.
Why that could be a very tall task It's highly unlikely that D-Wave Quantum will have the opportunity to achieve that anytime soon. The quantum computing industry is overcrowded with other emerging pure-play companies and established tech firms, including International Business Machines, Microsoft, Amazon, Nvidia, and Alphabet, all developing quantum computers. McKinsey estimated that total industry revenue was $1 billion in 2025, so you can see just how insignificant D-Wave Quantum is at this moment.
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It's still so early that investors have little way of knowing how D-Wave Quantum eventually fits into the competitive landscape. On top of that, it's hard to see D-Wave Quantum competing with the cloud giants in cloud-based quantum services. That potentially restricts the company's primary market opportunity to on-premise systems.
Lastly, none of this takes profitability into account. D-Wave Quantum has burned through $102.7 million in free cash flow over the past four quarters, resulting in a net loss of $368 million. Investors face share dilution as the company raises new capital to fund its operations over time. It's an understatement to call the stock risky. A risky stock can be a millionaire-maker when you buy at a cheap valuation. But D-Wave Quantum isn't that anymore.
Justin Pope has positions in Alphabet and Microsoft. The Motley Fool has positions in and recommends Alphabet, Amazon, International Business Machines, Microsoft, and Nvidia. The Motley Fool has a disclosure policy.
D.A. Davidson & CO. increased its holdings in Expand Energy Corporation (NASDAQ:EXE – Free Report) by 177.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,535 shares of the company’s stock after purchasing an additional 13,772 shares during the quarter. D.A. Davidson & CO.’s holdings in Expand Energy were worth $2,364,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently bought and sold shares of the company. Capital Research Global Investors grew its position in shares of Expand Energy by 33.2% in the 4th quarter. Capital Research Global Investors now owns 21,251,283 shares of the company’s stock worth $2,345,303,000 after buying an additional 5,291,948 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Expand Energy by 36,574.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,420,912 shares of the company’s stock valued at $267,172,000 after acquiring an additional 2,414,311 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Expand Energy by 94.7% during the first quarter. Bank of New York Mellon Corp now owns 4,498,905 shares of the company’s stock valued at $493,890,000 after acquiring an additional 2,188,422 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Expand Energy by 192.0% in the fourth quarter. Victory Capital Management Inc. now owns 3,286,361 shares of the company’s stock worth $362,683,000 after acquiring an additional 2,160,979 shares during the period. Finally, Dragoneer Investment Group LLC purchased a new stake in Expand Energy in the fourth quarter worth $145,633,000. Hedge funds and other institutional investors own 97.93% of the company’s stock.
Insider Buying and Selling In related news, CFO Marcel Teunissen purchased 2,000 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were purchased at an average cost of $96.43 per share, with a total value of $192,860.00. Following the transaction, the chief financial officer directly owned 9,144 shares in the company, valued at $881,755.92. This trade represents a 28.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael Wichterich purchased 1,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was bought at an average price of $88.90 per share, for a total transaction of $88,900.00. Following the purchase, the chief executive officer directly owned 85,498 shares in the company, valued at $7,600,772.20. The trade was a 1.18% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders bought 4,000 shares of company stock worth $375,120. Insiders own 0.22% of the company’s stock.
Expand Energy Trading Down 1.3% EXE opened at $86.95 on Tuesday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.21. Expand Energy Corporation has a 52 week low of $84.99 and a 52 week high of $126.62. The stock has a market cap of $20.80 billion, a PE ratio of 6.48 and a beta of 0.34. The business has a 50 day moving average of $91.11 and a 200-day moving average of $99.69.
Expand Energy (NASDAQ:EXE – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $3.83 earnings per share for the quarter, topping the consensus estimate of $3.61 by $0.22. The company had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $3.53 billion. Expand Energy had a return on equity of 10.26% and a net margin of 22.53%. Equities research analysts predict that Expand Energy Corporation will post 8.4 earnings per share for the current fiscal year.
Expand Energy Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th were issued a dividend of $0.575 per share. This represents a $2.30 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Thursday, May 14th. Expand Energy’s dividend payout ratio (DPR) is presently 17.15%.
Wall Street Analysts Forecast Growth Several research firms recently weighed in on EXE. Morgan Stanley cut their price target on shares of Expand Energy from $139.00 to $131.00 and set an “overweight” rating on the stock in a report on Monday, June 29th. KeyCorp reaffirmed a “sector weight” rating on shares of Expand Energy in a research report on Thursday, April 2nd. William Blair cut shares of Expand Energy from an “outperform” rating to a “market perform” rating in a research report on Thursday, April 30th. Barclays lowered shares of Expand Energy from an “overweight” rating to a “reduce” rating in a research note on Tuesday, May 26th. Finally, Weiss Ratings cut shares of Expand Energy from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 19th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $130.19.
Get Our Latest Report on EXE
Expand Energy Company Profile (Free Report)
Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.
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Amova Asset Management Americas Inc. lifted its position in shares of Klarna Group plc (NYSE:KLAR – Free Report) by 57.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,198,554 shares of the company’s stock after acquiring an additional 438,930 shares during the quarter. Amova Asset Management Americas Inc. owned approximately 0.32% of Klarna Group worth $15,701,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in KLAR. US Bancorp DE bought a new position in Klarna Group in the 3rd quarter worth approximately $30,000. Global Retirement Partners LLC raised its stake in shares of Klarna Group by 800.0% during the 4th quarter. Global Retirement Partners LLC now owns 900 shares of the company’s stock valued at $26,000 after purchasing an additional 800 shares during the period. Allworth Financial LP purchased a new stake in Klarna Group during the 3rd quarter worth about $37,000. Leonteq Securities AG purchased a new stake in Klarna Group during the 4th quarter worth about $29,000. Finally, CWM LLC boosted its stake in Klarna Group by 172.9% in the 4th quarter. CWM LLC now owns 1,498 shares of the company’s stock worth $43,000 after purchasing an additional 949 shares during the period.
Klarna Group Stock Up 0.1% NYSE:KLAR opened at $18.77 on Tuesday. The company has a fifty day moving average of $17.82 and a 200 day moving average of $18.17. Klarna Group plc has a 52 week low of $12.06 and a 52 week high of $57.20. The firm has a market capitalization of $7.09 billion and a P/E ratio of -36.09.
Klarna Group (NYSE:KLAR – Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.12. Klarna Group had a negative net margin of 5.21% and a negative return on equity of 7.62%. Klarna Group’s quarterly revenue was up 42.7% compared to the same quarter last year. As a group, analysts anticipate that Klarna Group plc will post 0.05 EPS for the current year.
Analyst Ratings Changes A number of equities research analysts recently issued reports on KLAR shares. Barclays initiated coverage on Klarna Group in a research report on Wednesday, July 8th. They issued an “equal weight” rating and a $20.00 price objective on the stock. The Goldman Sachs Group upped their target price on shares of Klarna Group from $21.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Keefe, Bruyette & Woods raised their price target on Klarna Group from $22.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft lifted their price target on Klarna Group from $18.00 to $27.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Finally, UBS Group upped their price objective on Klarna Group from $20.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $32.11.
Get Our Latest Stock Analysis on KLAR
Klarna Group Company Profile (Free Report)
Klarna Group is a global payments provider specializing in “buy now, pay later” (BNPL) solutions for online and in-store shoppers. The company partners with merchants to offer flexible payment options, including interest-free installments and deferred payments, aiming to enhance conversion rates and customer loyalty. Klarna’s platform integrates risk assessment, fraud prevention, and a one-click checkout experience to streamline transactions for both retailers and consumers.
Through its digital wallet and mobile app, Klarna enables users to manage purchases, track spending and access exclusive shopping offers from partner merchants.
Featured Articles Five stocks we like better than Klarna Group The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding KLAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Klarna Group plc (NYSE:KLAR – Free Report).
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Baader Bank Aktiengesellschaft purchased a new position in shares of Klarna Group plc (NYSE:KLAR – Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 150,000 shares of the company’s stock, valued at approximately $1,964,000.
A number of other institutional investors have also recently bought and sold shares of the business. US Bancorp DE acquired a new position in shares of Klarna Group during the 3rd quarter worth approximately $30,000. First Trust Advisors LP bought a new position in shares of Klarna Group during the third quarter worth approximately $526,000. Russell Investments Group Ltd. acquired a new stake in shares of Klarna Group in the third quarter valued at approximately $19,272,000. Legal & General Group Plc acquired a new stake in shares of Klarna Group in the third quarter valued at approximately $148,000. Finally, Franklin Resources Inc. bought a new stake in shares of Klarna Group in the third quarter valued at approximately $10,995,000.
Klarna Group Trading Up 0.1% Shares of NYSE KLAR opened at $18.77 on Tuesday. The company has a market cap of $7.09 billion and a price-to-earnings ratio of -36.09. Klarna Group plc has a 12 month low of $12.06 and a 12 month high of $57.20. The stock has a 50-day moving average price of $17.82 and a two-hundred day moving average price of $18.17.
Klarna Group (NYSE:KLAR – Get Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.12. Klarna Group had a negative net margin of 5.21% and a negative return on equity of 7.62%. The firm’s revenue for the quarter was up 42.7% on a year-over-year basis. On average, sell-side analysts predict that Klarna Group plc will post 0.05 earnings per share for the current year.
Analyst Ratings Changes KLAR has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their price objective on Klarna Group from $20.00 to $22.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 8th. Keefe, Bruyette & Woods upped their target price on Klarna Group from $22.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. UBS Group increased their target price on Klarna Group from $20.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Morgan Stanley raised their price target on Klarna Group from $16.00 to $18.00 and gave the stock an “equal weight” rating in a research report on Monday, May 18th. Finally, Wall Street Zen raised Klarna Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Klarna Group presently has an average rating of “Moderate Buy” and a consensus price target of $32.11.
Get Our Latest Stock Report on Klarna Group
About Klarna Group (Free Report)
Klarna Group is a global payments provider specializing in “buy now, pay later” (BNPL) solutions for online and in-store shoppers. The company partners with merchants to offer flexible payment options, including interest-free installments and deferred payments, aiming to enhance conversion rates and customer loyalty. Klarna’s platform integrates risk assessment, fraud prevention, and a one-click checkout experience to streamline transactions for both retailers and consumers.
Through its digital wallet and mobile app, Klarna enables users to manage purchases, track spending and access exclusive shopping offers from partner merchants.
Recommended Stories Five stocks we like better than Klarna Group The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding KLAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Klarna Group plc (NYSE:KLAR – Free Report).
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California Public Employees Retirement System lowered its stake in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) by 11.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 927,715 shares of the business services provider’s stock after selling 119,918 shares during the period. California Public Employees Retirement System owned 0.17% of Fiserv worth $51,766,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. WFA of San Diego LLC purchased a new stake in Fiserv during the 2nd quarter worth about $55,000. Oakworth Capital Inc. purchased a new position in Fiserv during the 4th quarter valued at about $25,000. Private Wealth Asset Management LLC bought a new stake in shares of Fiserv during the fourth quarter valued at about $25,000. Goodman Advisory Group LLC bought a new stake in shares of Fiserv during the fourth quarter valued at about $27,000. Finally, Tripletail Wealth Management LLC purchased a new stake in shares of Fiserv in the fourth quarter worth about $27,000. 90.98% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling In other news, CFO Paul M. Todd bought 10,060 shares of Fiserv stock in a transaction that occurred on Wednesday, June 17th. The shares were acquired at an average price of $49.70 per share, with a total value of $499,982.00. Following the completion of the purchase, the chief financial officer directly owned 184,107 shares in the company, valued at $9,150,117.90. The trade was a 5.78% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 0.06% of the stock is currently owned by corporate insiders.
Fiserv Price Performance FISV stock opened at $51.68 on Tuesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. Fiserv, Inc. has a one year low of $47.04 and a one year high of $167.39. The stock has a market cap of $27.56 billion, a PE ratio of 8.76, a P/E/G ratio of 1.42 and a beta of 0.82. The firm has a 50 day simple moving average of $52.49 and a two-hundred day simple moving average of $58.12.
Fiserv (NASDAQ:FISV – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The firm had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company’s revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, analysts predict that Fiserv, Inc. will post 8.13 EPS for the current fiscal year.
Analyst Upgrades and Downgrades FISV has been the subject of a number of analyst reports. Rothschild & Co Redburn cut their price objective on shares of Fiserv from $50.00 to $40.00 and set a “sell” rating for the company in a research report on Tuesday, May 12th. JPMorgan Chase & Co. decreased their target price on shares of Fiserv from $75.00 to $62.00 and set a “neutral” rating on the stock in a report on Wednesday, July 8th. Mizuho lowered their target price on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 6th. UBS Group set a $65.00 price target on shares of Fiserv and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, Weiss Ratings lowered shares of Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, June 12th. Seven research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Fiserv has a consensus rating of “Hold” and an average target price of $77.23.
View Our Latest Stock Analysis on Fiserv
Fiserv Profile (Free Report)
Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.
Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.
Featured Stories Five stocks we like better than Fiserv The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding FISV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiserv, Inc. (NASDAQ:FISV – Free Report).
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Alta Advisers Ltd bought a new position in shares of Sandisk Corporation (NASDAQ:SNDK – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 555 shares of the data storage provider’s stock, valued at approximately $353,000.
Several other hedge funds and other institutional investors also recently modified their holdings of SNDK. Osaic Holdings Inc. acquired a new stake in shares of Sandisk in the 2nd quarter worth approximately $317,000. Merit Financial Group LLC acquired a new stake in shares of Sandisk during the 3rd quarter worth $408,000. Dimensional Fund Advisors LP purchased a new stake in shares of Sandisk in the third quarter worth about $100,080,000. First Trust Advisors LP purchased a new stake in shares of Sandisk during the third quarter valued at approximately $9,788,000. Finally, Blair William & Co. IL bought a new position in Sandisk during the 3rd quarter valued at $591,000.
Insider Buying and Selling In other news, Director Necip Sayiner sold 579 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $1,503.11, for a total transaction of $870,300.69. Following the sale, the director owned 2,900 shares of the company’s stock, valued at $4,359,019. This trade represents a 16.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Michael Pokorny sold 2,446 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $1,426.18, for a total transaction of $3,488,436.28. Following the completion of the transaction, the chief accounting officer owned 22,375 shares of the company’s stock, valued at $31,910,777.50. This trade represents a 9.85% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 6,225 shares of company stock worth $10,166,297. Corporate insiders own 0.21% of the company’s stock.
Sandisk Stock Up 2.7% NASDAQ:SNDK opened at $1,390.95 on Tuesday. The firm has a market capitalization of $205.99 billion, a PE ratio of 48.35 and a beta of 4.74. The firm has a 50-day moving average price of $1,743.12 and a 200 day moving average price of $1,056.26. Sandisk Corporation has a 12-month low of $40.10 and a 12-month high of $2,354.39.
Sandisk (NASDAQ:SNDK – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The data storage provider reported $23.41 earnings per share for the quarter, topping the consensus estimate of $14.17 by $9.24. The firm had revenue of $5.95 billion for the quarter. Sandisk had a net margin of 34.19% and a return on equity of 44.06%. Sandisk’s quarterly revenue was up 251.0% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.30) earnings per share. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. On average, research analysts expect that Sandisk Corporation will post 64.52 EPS for the current year.
Analysts Set New Price Targets Several equities research analysts have weighed in on the company. UBS Group set a $1,700.00 target price on Sandisk in a research report on Monday, May 4th. Zacks Research cut shares of Sandisk from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Royal Bank Of Canada raised their price objective on shares of Sandisk from $650.00 to $1,000.00 and gave the company a “sector perform” rating in a research note on Friday, May 1st. Wells Fargo & Company boosted their price objective on Sandisk from $975.00 to $1,250.00 and gave the stock an “equal weight” rating in a report on Friday, May 1st. Finally, Weiss Ratings raised shares of Sandisk from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,803.29.
Get Our Latest Stock Analysis on Sandisk
Sandisk News Summary Here are the key news stories impacting Sandisk this week:
Positive Sentiment: Memory and semiconductor stocks are rebounding sharply in Monday trading, lifting Sandisk along with peers as investors regain confidence after the recent selloff. Micron Jumps 5%, SanDisk Rises 6%, Western Digital Climbs 4% as Memory Stocks Rebound With Chips Positive Sentiment: Investors are viewing the memory-stock pullback as a strong entry point, which is encouraging dip-buying in SanDisk and other chip names. The Memory Stock Sell-Off Created a ‘Strong Entry Point,’ Says Morgan Stanley. Investors Are Buying In. Positive Sentiment: Morgan Stanley reportedly flagged several semiconductor and AI infrastructure stocks as attractive after the memory-equity selloff, supporting a broader rebound in the group. Banking giant names 7 stocks to buy after memory equities sell-off Positive Sentiment: Recent commentary remains constructive on Sandisk’s earnings power, citing strong revenue growth, higher margins, and its position in AI storage demand. Sandisk: The Math Supporting A Rare Opportunity Positive Sentiment: Additional bullish coverage says Sandisk remains attractive despite its big 2026 run, pointing to ongoing memory-chip shortage conditions. Sandisk: Even After a 580% Rise in 2026, It’s Still a Screaming Buy (NASDAQ: SNDK) About Sandisk (Free Report)
SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components. It offers SSDs for client computing applications, which encompass desktop computers, notebook computers, tablets and other computing devices.
Featured Articles Five stocks we like better than Sandisk The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding SNDK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sandisk Corporation (NASDAQ:SNDK – Free Report).
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Andar Capital Management HK Ltd acquired a new stake in Sandisk Corporation (NASDAQ:SNDK – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 6,800 shares of the data storage provider’s stock, valued at approximately $4,320,000. Sandisk comprises approximately 3.7% of Andar Capital Management HK Ltd’s investment portfolio, making the stock its 11th biggest holding.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. acquired a new stake in shares of Sandisk in the first quarter valued at about $25,000. Cedar Mountain Advisors LLC boosted its position in Sandisk by 2,750.0% during the first quarter. Cedar Mountain Advisors LLC now owns 57 shares of the data storage provider’s stock worth $36,000 after acquiring an additional 55 shares during the last quarter. Roble Belko & Company Inc purchased a new stake in Sandisk during the 1st quarter valued at about $39,000. Main Street Group LTD purchased a new stake in Sandisk during the 1st quarter valued at about $53,000. Finally, First United Bank & Trust purchased a new stake in Sandisk during the 1st quarter valued at about $54,000.
Sandisk Trading Up 2.7% Sandisk stock opened at $1,390.95 on Tuesday. The firm has a market capitalization of $205.99 billion, a P/E ratio of 48.35 and a beta of 4.74. Sandisk Corporation has a twelve month low of $40.10 and a twelve month high of $2,354.39. The stock’s fifty day simple moving average is $1,743.12 and its 200-day simple moving average is $1,056.26.
Sandisk (NASDAQ:SNDK – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The data storage provider reported $23.41 earnings per share for the quarter, topping the consensus estimate of $14.17 by $9.24. The company had revenue of $5.95 billion for the quarter. Sandisk had a return on equity of 44.06% and a net margin of 34.19%.Sandisk’s revenue for the quarter was up 251.0% compared to the same quarter last year. During the same quarter last year, the company earned ($0.30) EPS. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. Sell-side analysts predict that Sandisk Corporation will post 64.52 earnings per share for the current year.
Insider Buying and Selling In other Sandisk news, CAO Michael Pokorny sold 2,446 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $1,426.18, for a total value of $3,488,436.28. Following the sale, the chief accounting officer directly owned 22,375 shares of the company’s stock, valued at approximately $31,910,777.50. This represents a 9.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Alper Ilkbahar sold 2,000 shares of the business’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $1,756.58, for a total transaction of $3,513,160.00. Following the transaction, the executive vice president owned 52,677 shares of the company’s stock, valued at approximately $92,531,364.66. The trade was a 3.66% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 6,225 shares of company stock valued at $10,166,297. Corporate insiders own 0.21% of the company’s stock.
Analyst Upgrades and Downgrades SNDK has been the topic of several analyst reports. Raymond James Financial reiterated an “outperform” rating and set a $1,470.00 price target on shares of Sandisk in a report on Friday, May 1st. Citigroup raised their price target on shares of Sandisk from $2,025.00 to $2,500.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Wells Fargo & Company upped their price objective on Sandisk from $975.00 to $1,250.00 and gave the company an “equal weight” rating in a report on Friday, May 1st. Melius Research set a $2,350.00 price objective on shares of Sandisk in a report on Monday, May 18th. Finally, Zacks Research cut shares of Sandisk from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 1st. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,803.29.
Read Our Latest Analysis on SNDK
Key Headlines Impacting Sandisk Here are the key news stories impacting Sandisk this week:
Positive Sentiment: Memory and semiconductor stocks are rebounding sharply in Monday trading, lifting Sandisk along with peers as investors regain confidence after the recent selloff. Micron Jumps 5%, SanDisk Rises 6%, Western Digital Climbs 4% as Memory Stocks Rebound With Chips Positive Sentiment: Investors are viewing the memory-stock pullback as a strong entry point, which is encouraging dip-buying in SanDisk and other chip names. The Memory Stock Sell-Off Created a ‘Strong Entry Point,’ Says Morgan Stanley. Investors Are Buying In. Positive Sentiment: Morgan Stanley reportedly flagged several semiconductor and AI infrastructure stocks as attractive after the memory-equity selloff, supporting a broader rebound in the group. Banking giant names 7 stocks to buy after memory equities sell-off Positive Sentiment: Recent commentary remains constructive on Sandisk’s earnings power, citing strong revenue growth, higher margins, and its position in AI storage demand. Sandisk: The Math Supporting A Rare Opportunity Positive Sentiment: Additional bullish coverage says Sandisk remains attractive despite its big 2026 run, pointing to ongoing memory-chip shortage conditions. Sandisk: Even After a 580% Rise in 2026, It’s Still a Screaming Buy (NASDAQ: SNDK) Sandisk Company Profile (Free Report)
SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components. It offers SSDs for client computing applications, which encompass desktop computers, notebook computers, tablets and other computing devices.
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SILVER SPRINGS, Nev., July 21, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE American: LODE) (“Comstock” and the “Company”), and Comstock Metals LLC a leader in the responsible, zero-landfill recycling of end-of-life solar panels with the first certified North American operations announced today that it has entered into a Solar Material Recycling Services Agreement with Illuminate USA LLC.
Under the new agreement, Comstock Metals will provide comprehensive recycling services for solar panel materials from Illuminate USA’s advanced manufacturing operations in Pataskala, Ohio. The services include safe transportation, sorting, and environmentally responsible recycling for a broad range of solar panel manufacturing byproducts. Illuminate USA operates the largest single-site solar panel manufacturing facility in North America.
“Our partnership with Illuminate USA is a testament to the industry’s growing commitment to circularity and stewardship,” said Dr. Fortunato Villamagna, President of Comstock Metals. “By providing a zero-landfill solution for solar panel manufacturing byproducts, we are helping Illuminate USA ensure that all materials are safely repurposed into new industrial goods, eliminating all downstream liability, and giving their team peace of mind knowing all materials are responsibly recycled. This is a major step toward enabling and aligning a truly systemic solar energy ecosystem.”
Comstock operates a growing, strategically positioned national recycling network, including Central Ohio, to serve customers throughout the broader Midwest, one of the larger and most centrally located solar markets in the country.
The agreement further positions Comstock Metals and Illuminate USA as leaders in the solar panel recycling and advanced manufacturing industries, respectively. The two companies will work together over the next few years to responsibly recycle various material streams.
Illuminate USA operates a state-of-the-art facility in Ohio producing advanced technology solar panels for a wide range of applications. The company is dedicated to delivering advanced and efficient solar panels while building sustainable systems into its operations.
“Our new partnership with Comstock Metals strengthens our commitment to environmental responsibility,” said Bryan Kresak, Illuminate’s Vice President of Environmental, Health, Safety and Facilities. “Together, we are taking these important steps to ensure that our operations reflect our deeply held values and advance sustainable practices across the industry.”
The partnership marks a significant step in Comstock Metals’ and Illuminate USA’s strategy to expand their roles in enabling a clean supply chain for solar energy production at each stage of the life cycle.
About Illuminate USA
Illuminate USA is a leading U.S.-based solar panel manufacturer focused on innovation, quality, and domestic production. Headquartered in Pataskala, Ohio. Illuminate USA operates a state-of-the-art, 1.1 million square foot facility that uses advanced and efficient technology to produce solar panels for a variety of applications. The company began production in February 2024 and has produced more than 15 million solar panels. With a workforce of over 1,600 skilled professionals and a five-gigawatt annual capacity, Illuminate USA is dedicated to delivering reliable, high-quality products that power communities. For more information, visit us online at IlluminateUSA.com.
About Comstock Metals
Comstock Metals is a leading, Nevada-based, zero-landfill recycling solution that specializes in the environmentally responsible recycling of solar panels and related renewable energy infrastructure and equipment. Comstock’s unique processes, ongoing material innovations, and sustainable practices differentiates its recycling leadership and strengthens the supply chain of domestically manufactured electrification products. www.comstockmetals.com
About Comstock Inc.
Comstock Inc. (NYSE: LODE) innovates and commercializes technologies, systems and supply chains that enable, support and sustain clean energy systems by efficiently, effectively, and expediently extracting and converting under-utilized natural resources into reusable metals, like silver, aluminum, gold, and other critical minerals, primarily from end-of-life photovoltaics and renewable fuels and other forms of energy.
To learn more, please visit www.comstock.inc.
Comstock Social Media Policy
Comstock Inc. has used, and intends to continue using, its investor relations link and main website at www.comstock.inc in addition to its X.com, LinkedIn and YouTube accounts, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.
Contacts
For investor inquiries:
Judd B. Merrill, Chief Financial Officer
Tel (775) 413-6222 [email protected]
For media inquiries:
Zach Spencer, Director of External Relations
Tel (775) 847-7573 [email protected]
Forward-Looking Statements
This press release and any related calls or discussions may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, are forward-looking statements. The words “believe,” “expect,” “anticipate,” “estimate,” “project,” “plan,” “forecast,” “seek,” “target,” “should,” “intend,” “may,” “will,” “would,” “potential” and similar expressions identify forward-looking statements but are not the exclusive means of doing so. Forward-looking statements include statements about matters such as: future market conditions; future financial, natural, and social gains; future prices and sales of, and demand for, our products and services; permits; production capacity and operations; operating and overhead costs; future capital expenditures and their impact on us; operational and management changes (including changes in the Board of Directors); changes in business strategies, planning and tactics; future employment and contributions of personnel, including consultants; future land and asset sales; investments, acquisitions, joint ventures, strategic alliances and business combinations; litigation, administrative or arbitration proceedings; environmental compliance and changes in the regulatory environment; offerings of equity or debt securities; and future working capital needs, revenues, variable costs, throughput rates, operating expenses, debt levels, cash flows, margins, taxes and earnings. These statements are based on assumptions and assessments made by our management in light of their experience and their perception of historical and current trends, current conditions, possible future developments and other factors they believe to be appropriate. Forward-looking statements are not guarantees, representations or warranties and are subject to risks and uncertainties, many of which are unforeseeable and beyond our control and could cause actual results, developments and business decisions to differ materially from those contemplated by such forward-looking statements. Some of those risks and uncertainties include the risk factors set forth in our filings with the SEC. Occurrence of such events or circumstances could have a material adverse effect on our business, financial condition, results of operations or cash flows, or the market price of our securities. All subsequent written and oral forward-looking statements by or attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. Except as may be required by securities or other law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Neither this press release nor any related calls or discussions constitutes an offer to sell, the solicitation of an offer to buy or a recommendation with respect to any securities of the Company or any other issuer.
Amova Asset Management Americas Inc. lowered its stake in shares of Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU – Free Report) by 3.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 182,067 shares of the company’s stock after selling 6,640 shares during the period. Amova Asset Management Americas Inc. owned approximately 0.13% of Futu worth $24,905,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently modified their holdings of FUTU. WCM Investment Management LLC increased its stake in shares of Futu by 116.0% in the 1st quarter. WCM Investment Management LLC now owns 2,816 shares of the company’s stock valued at $370,000 after acquiring an additional 1,512 shares during the last quarter. SEB Asset Management AB bought a new position in Futu during the 1st quarter worth approximately $1,110,000. Jennison Associates LLC grew its holdings in Futu by 31.1% during the first quarter. Jennison Associates LLC now owns 211,509 shares of the company’s stock valued at $28,926,000 after purchasing an additional 50,229 shares during the period. Dorsey Wright & Associates grew its holdings in Futu by 40.7% during the first quarter. Dorsey Wright & Associates now owns 14,768 shares of the company’s stock valued at $2,020,000 after purchasing an additional 4,274 shares during the period. Finally, Barings LLC increased its stake in Futu by 3,576.6% in the first quarter. Barings LLC now owns 58,054 shares of the company’s stock valued at $7,939,000 after purchasing an additional 56,475 shares in the last quarter.
Futu Stock Performance NASDAQ:FUTU opened at $98.28 on Tuesday. The stock has a 50-day simple moving average of $102.96 and a 200 day simple moving average of $136.92. Futu Holdings Limited Sponsored ADR has a 52-week low of $80.50 and a 52-week high of $202.53. The company has a market cap of $13.78 billion, a PE ratio of 10.81, a PEG ratio of 1.12 and a beta of 0.39.
Futu (NASDAQ:FUTU – Get Free Report) last released its earnings results on Thursday, May 28th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $2.89 by ($2.12). Futu had a net margin of 41.87% and a return on equity of 26.48%. The firm had revenue of $694.17 million during the quarter, compared to the consensus estimate of $761.35 million. On average, research analysts predict that Futu Holdings Limited Sponsored ADR will post 8.95 earnings per share for the current fiscal year.
Key Stories Impacting Futu Here are the key news stories impacting Futu this week:
Negative Sentiment: Multiple law firms, including Rosen, Faruqi & Faruqi, Kahn Swick & Foti, Glancy Prongay Wolke & Rotter, Kaplan Fox, Bronstein Gewirtz & Grossman, Levi & Korsinsky, and Berger Montague, all issued notices reminding shareholders about an August 25, 2026 lead-plaintiff deadline in a filed securities class action against Futu. Article Title Negative Sentiment: The lawsuits allege investor harm tied to undisclosed regulatory compliance failures and other securities-law violations, which can weigh on sentiment and raise concerns about potential legal costs, damages, and reputational damage for Futu. Article Title Neutral Sentiment: The news mostly consists of repetitive legal notices rather than new operational disclosures, so the immediate stock impact is driven more by headline risk than by fresh fundamental information. Article Title Analyst Upgrades and Downgrades A number of brokerages have recently weighed in on FUTU. Zacks Research cut shares of Futu from a “hold” rating to a “strong sell” rating in a research report on Monday, June 8th. Jefferies Financial Group restated a “buy” rating and issued a $170.50 price objective on shares of Futu in a research report on Thursday, May 28th. The Goldman Sachs Group downgraded Futu from a “buy” rating to a “neutral” rating and set a $102.13 price objective on the stock. in a research note on Monday, May 25th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $87.00 target price (down from $300.00) on shares of Futu in a report on Friday, May 22nd. Finally, Wall Street Zen cut Futu from a “hold” rating to a “sell” rating in a research note on Saturday, May 30th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $162.80.
Get Our Latest Stock Analysis on FUTU
Futu Company Profile (Free Report)
Futu Holdings Ltd. is a technology-driven brokerage and wealth management company that provides online brokerage services, market data, and investment tools to retail and institutional clients. Headquartered in Hong Kong and listed on the NASDAQ under the ticker FUTU, the company operates digital trading platforms that combine order execution, real-time quotes, news, and research tools to serve active investors and wealth management customers.
The firm’s product suite includes brokerage access to equities, exchange-traded funds and derivatives across major markets, margin financing, initial public offering (IPO) subscription services, wealth management products and discretionary investment solutions.
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July 21, 2026 06:30 ET | Source: Willis Lease Finance Corp.
COCONUT CREEK, Fla., July 21, 2026 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, today announced it will release its financial results for the second quarter of 2026 before the market opens on August 4, 2026. The Company will host a conference call led by the executive management team that day at 10:00 a.m. Eastern Time.
To participate in the conference call, please use the following dial-in numbers:
U.S. and Canada: +1 (800) 330-6730
International: +1 786 297 8585
Conference ID: 7661930
Participant Passcode: 442978
The conference call may also be accessed by registering via the following link:
https://event.webcasts.com/starthere.jsp?ei=1768040&tp_key=c567b99f23.
A digital replay will be available two hours after the completion of the conference call. To access the replay, please visit the Company’s website at www.wlfc.global under the Investor Center section for details.
Willis Lease Finance Corporation
Willis Lease Finance Corporation leases large and regional spare commercial aircraft engines and aircraft to airlines, aircraft engine manufacturers and maintenance, repair, and overhaul providers worldwide. These leasing activities are integrated with engine and aircraft trading, engine lease pools, and asset management services through Willis Mitsui & Co. Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials provided through Willis Aeronautical Services, Inc. Through Willis Engine Repair Center®, Jet Centre by Willis, and Willis Aviation Services Limited, the Company’s service offerings include Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, airport FBO and ground and cargo handling services.
Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them to reflect any change in the Company’s expectations or any change in events, conditions, or circumstances on which the forward-looking statement is based, except as required by law.
The Company’s actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as war, terrorist activity and the COVID-19 pandemic; changes in oil prices, rising inflation and other disruptions to world markets; trends in the airline industry and the Company’s ability to capitalize on those trends, including growth rates of markets and other economic factors; risks associated with owning and leasing jet engines and aircraft; the Company’s ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to the Company and its customers; the Company’s ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in the Company’s portfolio; and risks detailed in the Company’s Annual Report on Form 10-K and other continuing and current reports filed with the Securities and Exchange Commission. It is advisable, however, to consult any further disclosures the Company makes on related subjects in such filings. These statements constitute the Company’s cautionary statements under the Private Securities Litigation Reform Act of 1995.
D.A. Davidson & CO. boosted its holdings in shares of BioMarin Pharmaceutical Inc. (NASDAQ:BMRN – Free Report) by 467.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,063 shares of the biotechnology company’s stock after purchasing an additional 36,293 shares during the period. D.A. Davidson & CO.’s holdings in BioMarin Pharmaceutical were worth $2,489,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Assenagon Asset Management S.A. boosted its position in shares of BioMarin Pharmaceutical by 312.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,419,067 shares of the biotechnology company’s stock worth $84,335,000 after purchasing an additional 1,074,929 shares in the last quarter. Perpetual Ltd increased its position in BioMarin Pharmaceutical by 425.7% during the 4th quarter. Perpetual Ltd now owns 25,621 shares of the biotechnology company’s stock valued at $1,523,000 after buying an additional 20,747 shares in the last quarter. Paragon Capital Management Inc. purchased a new position in BioMarin Pharmaceutical during the fourth quarter valued at $1,191,000. Swedbank AB raised its stake in BioMarin Pharmaceutical by 70.6% during the fourth quarter. Swedbank AB now owns 796,737 shares of the biotechnology company’s stock valued at $47,350,000 after buying an additional 329,794 shares during the last quarter. Finally, LSV Asset Management boosted its holdings in BioMarin Pharmaceutical by 4.3% in the fourth quarter. LSV Asset Management now owns 882,200 shares of the biotechnology company’s stock worth $52,429,000 after acquiring an additional 36,700 shares in the last quarter. Institutional investors own 98.71% of the company’s stock.
Wall Street Analyst Weigh In BMRN has been the subject of several analyst reports. HC Wainwright restated a “neutral” rating on shares of BioMarin Pharmaceutical in a report on Tuesday, July 14th. Royal Bank Of Canada reduced their price objective on shares of BioMarin Pharmaceutical from $66.00 to $62.00 and set a “sector perform” rating for the company in a research note on Tuesday, July 7th. Bank of America decreased their target price on shares of BioMarin Pharmaceutical from $85.00 to $80.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Sanford C. Bernstein cut their price target on shares of BioMarin Pharmaceutical from $94.00 to $82.00 and set an “outperform” rating on the stock in a report on Tuesday, May 5th. Finally, Morgan Stanley decreased their price objective on shares of BioMarin Pharmaceutical from $120.00 to $119.00 and set an “overweight” rating for the company in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $88.26.
Check Out Our Latest Stock Analysis on BioMarin Pharmaceutical
BioMarin Pharmaceutical Price Performance Shares of NASDAQ:BMRN opened at $59.11 on Tuesday. BioMarin Pharmaceutical Inc. has a fifty-two week low of $49.26 and a fifty-two week high of $66.28. The business has a 50-day simple moving average of $56.05 and a two-hundred day simple moving average of $56.83. The company has a debt-to-equity ratio of 0.23, a quick ratio of 4.20 and a current ratio of 5.81. The firm has a market cap of $11.42 billion, a price-to-earnings ratio of 43.15, a price-to-earnings-growth ratio of 0.45 and a beta of 0.24.
Insider Buying and Selling at BioMarin Pharmaceutical In related news, EVP Gregory R. Friberg sold 3,281 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $53.85, for a total transaction of $176,681.85. Following the transaction, the executive vice president owned 51,818 shares in the company, valued at $2,790,399.30. This represents a 5.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.68% of the stock is owned by insiders.
About BioMarin Pharmaceutical (Free Report)
BioMarin Pharmaceutical Inc is a biopharmaceutical company specializing in the development and commercialization of therapies for rare genetic and metabolic diseases. The company focuses on addressing unmet medical needs by leveraging enzyme replacement therapy, small molecule pharmacological chaperones and gene therapy technologies. Headquartered in Novato, California, BioMarin operates research and development facilities in the United States and Europe.
The company’s commercial portfolio includes several approved therapies targeting inherited disorders.
Recommended Stories Five stocks we like better than BioMarin Pharmaceutical The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding BMRN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BioMarin Pharmaceutical Inc. (NASDAQ:BMRN – Free Report).
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Cathie Wood is known for ignoring short-term obstacles and instead focusing on a company's long-term picture. That has allowed her to get in on some of the world's most exciting and innovative companies at fantastic prices. The chief executive officer of Ark Invest doesn't wait for everyone else to get excited about a stock and pile in; she's known to buy during low periods, when other investors are hesitant, and the particular stock is in the doldrums.
With this in mind, it's no surprise that, as many artificial intelligence (AI) and technology stocks fell in recent days, Wood has been on a buying spree. She recognizes the potential of certain players a few years down the road, so she views today's declines as a key buying opportunity. Wood has picked up shares of a number of stocks over the past few weeks, and two names in particular have shown up more than once in her list of purchases. In fact, she just bought more of the following two discounted stocks on July 17. They've each fallen more than 30% over the past month.
Let's check out the two potential long-term winners that Wood is aggressively buying right now.
Image source: Getty Images.
1. Space Exploration Technologies Space Exploration Technologies (SPCX 3.20%) has been a longtime favorite of Wood. Through the Ark Venture Fund, she invested in the company well before its historic initial public offering. Wood then bought shares of SpaceX in its early days of trading, following the June 12 IPO, and has picked up shares periodically ever since. In her latest move, she bought shares for her flagship Ark Innovation fund, and the Ark Autonomous Technology and Robotics, Ark Next Generation Internet, and Ark Space and Defense Innovation funds.
SpaceX is the top holding in the Ark Space fund and among the top holdings in Ark Innovation and the autonomous technology and robotics fund.
Today's Change
(
-3.20
%) $
-3.97
Current Price
$
120.02
Wood may view SpaceX as a bargain right now. The stock on July 17 closed at $123.99, lower than its IPO price of $135. Though SpaceX climbed in its initial days of trading, the stock has tumbled in more recent times amid general concerns about tech companies' enormous investments in AI -- and some investors also may worry that SpaceX's capital spending in its AI unit may make it difficult for the company to become profitable any time soon.
SpaceX could have a very bright future if it's able to succeed in the development of certain technologies and reach big goals, such as operating data centers in space. But the company comes with a significant amount of risk right now -- so this Cathie Wood favorite is best left to the most aggressive of investors.
2. CoreWeave Cathie Wood added shares of CoreWeave (CRWV 0.20%) to Ark Innovation and Ark Next Generation Internet on July 17. It's the 16th biggest position in the internet fund and the 20th biggest position in Ark Innovation. Wood has bought shares of this tech player on other occasions in recent weeks, too, so she clearly sees it as a deal to get in on now.
CoreWeave offers something that's in great need at the moment: access to compute for AI workloads. The cloud provider specializes in these types of workloads, helping it stand out from cloud giants like Amazon or Microsoft, which offer a broader range of services well beyond AI.
Today's Change
(
-0.20
%) $
-0.15
Current Price
$
73.06
CoreWeave allows customers to rent access to its enormous fleet of Nvidia graphics processing units (GPUs), offering them the advantage of flexibility, speed, and cost savings -- instead of building their own data centers, customers can turn to CoreWeave for exactly what they need, when they need it. CoreWeave works closely with Nvidia, which is also a CoreWeave shareholder, and has been among the first to make Nvidia's platforms generally available.
Like SpaceX, CoreWeave isn't yet profitable and carries some risk, but for aggressive investors, this Cathie Wood stock pick may represent an interesting buying opportunity.
If you own a Nasdaq-100 index fund in your 401(k), you probably bought SpaceX this month automatically. A rule change made the decision for you, and right now it is not looking like a good one.
On July 7, 2026, SpaceX joined the Nasdaq-100, just 15 trading days after its IPO, the fastest major index inclusion ever, made possible by a new Nasdaq fast-track rule. Normally a newly public company seasons far longer before it qualifies. This time the door opened almost immediately, and the timing matters for retirement savings far beyond Elon Musk’s rocket company.
Why Your 401(k) Had No Choice Index funds track an index mechanically. When the Nasdaq-100 adds a stock, funds tracking it, including Invesco QQQ Trust (NASDAQ:QQQ), Invesco NASDAQ 100 ETF (NASDAQ:QQQM), and related products, must buy that stock regardless of price or valuation. The rule required the purchase of SpaceX (NASDAQ:SPCX | SPCX Price Prediction) regardless of any fund manager’s judgment on its merits.
The scale was enormous. JPMorgan estimated QQQ alone generated about $4.3 billion in buying demand, with total passive flows tied to Nasdaq-100-linked products reaching $22 billion to $27 billion. Most of it hit around the July 6 close and July 7 open, with SPCX trading in the $157 to $161 range. Millions of ordinary investors bought SpaceX at roughly $160 a share, all at once, without choosing it.
The Stock They Never Chose Is Falling SPCX has dropped hard since inclusion. As of the July 20 close, SPCX traded around $119.85, after falling 3.34% that day and about 14% over the past week. That is well below the roughly $160 entry price the index funds paid, below the company’s own IPO and debut prices, and, according to market reporting, roughly 40% beneath its all-time high near $225. It is a textbook sell-the-news slide following index inclusion.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and SpaceX didn't make the cut. Grab the names FREE today.
Doing the Rough Math Apply even a mid-teens percentage decline from that roughly $160 entry to $22 billion to $27 billion in forced inflows, and unrealized losses across these index funds plausibly run past $1 billion. With SPCX now near $120, meaningfully below the entry, the billion-dollar estimate looks conservative. No single source has confirmed the exact number, but the direction and scale are hard to dispute.
Who Is Actually Holding This Fidelity and other major 401(k) providers offer Nasdaq-100 index funds as core retirement holdings. Millions of everyday savers now carry SpaceX exposure inside their retirement accounts without researching the company or deciding it belonged in their portfolio.
The Important Caveats Keep perspective. These are unrealized paper losses, and the position is a small slice of a broad index fund. SpaceX carries real long-term bull cases in Starlink, launch services, and AI infrastructure, alongside bearish concerns around valuation, a limited float, and ongoing losses. It is also telling that the S&P 500 has not added SpaceX, because the company does not yet meet the S&P’s profitability and float requirements. S&P 500 index fund holders were not forced into this position at all.
When an index changes its rules, your retirement account changes with it, automatically, whether the timing makes sense or not.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and SpaceX didn't make the cut. Grab the names FREE today.
Six weeks ago, Elon Musk's artificial intelligence (AI) and space infrastructure conglomerate, Space Exploration Technologies (SpaceX) (SPCX 3.20%), was the talk of Wall Street.
On June 12, SpaceX raised $85.7 billion from its initial public offering (IPO), including the underwriters' overallotment. This nearly tripled the previous largest-ever IPO capital raise of $29.4 billion from overseas oil giant Saudi Aramco.
Image source: Getty Images.
But IPO buzz fades quickly on Wall Street, and reality can hit even the most-hyped stocks like a ton of bricks. Since peaking at $225.64 per share intra-day on June 16, SpaceX stock has plunged 45% to less than $124 per share (as of the July 17 close).
Some investors will undoubtedly see a bargain, given Elon Musk's track record at Tesla and SpaceX's opportunity amid the two hottest trends on Wall Street: AI and the space economy. I see far more pain to come for shareholders as historical precedent takes hold.
The accelerated unlock period is quickly approaching For starters, SpaceX's insiders (high-ranking executives, board members, and early investors) are set to enjoy the greatest wealth transfer in history. In a matter of weeks, most insiders will be able to sell a portion of their shares to retail investors.
Whereas most newly public companies adhere to a 180-day lockup period, in which insiders can't sell their shares, SpaceX offers a staggered and accelerated unlock schedule that begins two days after the company's first quarterly operating report as a public company. SpaceX is currently estimated to report its latest quarterly operating results on Aug. 6.
Great look at the SpaceX shares unlock schedule as well as the potential passive buying schedule from @JSeyff @FrancisSharoon Depending on the early post-IPO returns, this could really play with and disperse the returns of "passive" funds (which is why there's arguably no such... pic.twitter.com/KOuEkJlngF
-- Eric Balchunas (@EricBalchunas) May 28, 2026 The company's float is set to grow every few weeks through mid-December, adding downside pressure on SpaceX stock.
Historically, SpaceX's valuation is a nightmare Although it's not uncommon for investors to place high premiums on companies at the forefront of game-changing technologies, SpaceX's valuation is historical nightmare fuel.
No company heralding the charge of a leading innovation has ever sustained a price-to-sales ratio above 30 for any lengthy period. SpaceX is currently trading at 42 times Wall Street's consensus sales estimate for this year. In other words, Musk's company would need to fall nearly 30% more from its current level just to push below historic bubble territory.
Furthermore, the company isn't particularly close to recurring profits, and its capital-intensive operating model leaves virtually no margin for error or delays.
Image source: Getty Images.
Debt and equity offerings are coming To round things out, SpaceX's prospectus made clear that, in addition to its IPO capital raise, debt and equity offerings would be used to fund the company's AI infrastructure expansion, among other corporate initiatives.
Less than two weeks after going public, the company priced a $25 billion bond offering, with maturities from 2031 to 2056. The price of these bonds has been falling steadily since issuance, signifying concern from bondholders that SpaceX may be unable to meet its obligations.
Additionally, equity offerings would be dilutive to existing shareholders. Given that SpaceX is spending a small fortune on its AI data center build-out, capital-raising activity that weighs on the company's shares is a near-certainty.
SummaryI remain cautious on Micron (MU) and Apple (AAPL), despite their strong fundamentals and popularity, due to valuation and cycle risks.MU faces potential oversupply and normalization risks as new entrants like CXMT expand capacity, challenging the current supercycle thesis.AAPL's valuation is stretched at a 39x P/E, making future returns vulnerable if AI hardware adoption or consumer sentiment falters.I prioritize allocating capital to high-quality companies outside of hyped sectors, avoiding crowded trades even in well-managed firms.Looking for more investing ideas like this one? Get them exclusively at Main Street Alpha. Learn More » Klaus Vedfelt/DigitalVision via Getty Images
Introduction "I have to think very, very hard before another public short. It’s not worth the brain damage." - Bill Ackman
The quote above is, as the name tag shows, from Bill Ackman, who used to be
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Amova Asset Management Americas Inc. increased its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 4.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,007,964 shares of the electric vehicle producer’s stock after purchasing an additional 39,495 shares during the quarter. Tesla makes up 5.3% of Amova Asset Management Americas Inc.’s holdings, making the stock its 2nd largest position. Amova Asset Management Americas Inc.’s holdings in Tesla were worth $376,071,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Norges Bank acquired a new position in shares of Tesla in the fourth quarter valued at approximately $17,128,100,000. Corient Private Wealth LLC grew its holdings in Tesla by 3,205.5% in the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock valued at $9,650,811,000 after buying an additional 20,810,386 shares in the last quarter. Bank of America Corp DE grew its holdings in Tesla by 56.0% in the 4th quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer’s stock valued at $9,334,211,000 after buying an additional 7,450,766 shares in the last quarter. Cardano Risk Management B.V. increased its position in Tesla by 882.8% during the 4th quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer’s stock worth $3,688,630,000 after buying an additional 7,367,507 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in shares of Tesla by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after buying an additional 6,538,720 shares in the last quarter. Institutional investors own 66.20% of the company’s stock.
Analyst Upgrades and Downgrades A number of research analysts have issued reports on TSLA shares. Citigroup began coverage on shares of Tesla in a research report on Thursday, July 9th. They set a “market perform” rating on the stock. China Renaissance dropped their price objective on Tesla from $382.00 to $372.00 and set a “hold” rating for the company in a report on Monday, April 27th. Zacks Research upgraded Tesla from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Phillip Securities decreased their price target on Tesla from $220.00 to $215.00 and set a “sell” rating on the stock in a research report on Wednesday, May 13th. Finally, Sanford C. Bernstein raised Tesla from an “underperform” rating to an “outperform” rating in a research note on Friday, June 5th. Twenty-one investment analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $408.07.
Get Our Latest Research Report on Tesla
Insider Buying and Selling at Tesla In other news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $8,147,700. This represents a 14.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the business’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the sale, the director owned 48,399 shares in the company, valued at $18,300,145.89. This represents a 35.30% 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. Insiders have sold 32,015 shares of company stock valued at $12,383,640 over the last quarter. Company insiders own 19.90% of the company’s stock.
Key Stories Impacting Tesla Here are the key news stories impacting Tesla this week:
Positive Sentiment: Analysts and strategists still see upside catalysts from Tesla’s Q2 report, especially around robotaxi progress, Cybercab, Optimus, and other AI/autonomy updates that could support a higher valuation. This Analyst Bets On Tesla’s Robotaxi And Cybercab Businesses Ahead Of Q2 Results – Retail Sees Stock Climbing To $450 Positive Sentiment: Tesla’s delivery rebound and stronger-than-expected sales trends have improved sentiment into earnings, with some coverage saying a Q2 beat looks likely and that production growth in Germany could help margins and volume. Tesla’s Earnings Setup: Most of the Good News Is Already Out Positive Sentiment: Bank of America reportedly raised its Tesla forecasts ahead of earnings, reinforcing the view that results and near-term guidance could come in better than feared. Bank of America raises Tesla forecasts ahead of July 22 earnings Positive Sentiment: There are also reports that Tesla is planning a major production boost in Germany, which could support future output and help the company maintain global EV scale. Tesla plans for a major production boost at its plant in Germany Neutral Sentiment: Tesla investors are focused on key earnings questions around margins, AI spending, FSD subscriptions, and whether autonomy can justify the company’s premium valuation. Tesla investors share their most burning questions ahead of earnings Neutral Sentiment: The stock is also being viewed as a major volatility event into earnings, with traders expecting a sizable move but no clear consensus on direction. Here’s How Much Traders See Tesla Stock Moving After Earnings Negative Sentiment: Options traders are betting heavily against Tesla ahead of earnings, reflecting concern that expectations are too high and that the stock may be vulnerable if results disappoint. Options Traders Bet $550M Against Tesla Ahead Of Earnings Negative Sentiment: Several articles warn that Tesla’s AI4 hardware may already be falling behind and that the company’s valuation depends heavily on future autonomy gains, adding pressure if management does not deliver fresh upside. Tesla’s (TSLA) AI4 Hardware May Already Be Falling Behind Negative Sentiment: Competition remains a concern, with BYD’s strong EV deliveries and XPeng teasing a lower-priced rival to the Model Y, highlighting pressure on Tesla’s global dominance and pricing power. BYD Delivered 557,090 Battery-Electric Vehicles in Q2 2026. Here Is What That Means for Tesla’s Global Dominance. Tesla Stock Performance Tesla stock opened at $369.57 on Tuesday. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The stock has a market cap of $1.39 trillion, a PE ratio of 339.06, a P/E/G ratio of 13.08 and a beta of 1.80. Tesla, Inc. has a 12-month low of $297.82 and a 12-month high of $498.83. The business’s 50-day moving average price is $407.91 and its two-hundred day moving average price is $405.03.
Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period last year, the company posted $0.27 EPS. As a group, analysts expect that Tesla, Inc. will post 1.34 earnings per share for the current fiscal year.
Tesla Company Profile (Free Report)
Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.
Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.
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Item 1 of 2 A Tesla Cybercab is displayed at the Los Angeles Auto Show, in Los Angeles, California, U.S., November 21, 2024. REUTERS/Daniel Cole
[1/2]A Tesla Cybercab is displayed at the Los Angeles Auto Show, in Los Angeles, California, U.S., November 21, 2024. REUTERS/Daniel Cole Purchase Licensing Rights, opens new tab
SummaryCompaniesHeavy outlays target AI infrastructure, robotaxis and OptimusBarclays says stronger vehicle operations can help finance AI-related expendituresQuarterly update may show first cash burn in over two yearsJuly 21 (Reuters) - Tesla (TSLA.O), opens new tab is expected to report its first quarterly cash burn in over two years on Wednesday, as its spending on AI and robotics soars, intensifying investor scrutiny over when those bets will pay off.
CEO Elon Musk has pivoted the electric-vehicle maker's focus from manufacturing cars to building so-called physical AI businesses such as self-driving taxis and humanoid robots. Much of Tesla's valuation hangs on that promise.
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However, investors are growing increasingly uneasy as spending on AI infrastructure, including data centers, and manufacturing capacity is projected to climb to $25 billion this year, outstripping quarterly cash generated by Tesla's core automotive and energy operations.
"As capex more than doubles and free cash flow turns negative, investors are increasingly focused on evidence that Tesla's spending is strengthening its physical AI moat," Morgan Stanley analysts wrote in a note.
Investors have been betting that Tesla's autonomous-driving technology and robotics ambitions could eventually unlock new, high-margin revenue streams. But progress has been slower than many analysts expected, and Musk has missed some self-imposed deadlines.
Soon after launching its robotaxi service in Austin, Texas, in April last year, Musk predicted Tesla robotaxis would serve half the U.S. population by the end of 2025. In January, Tesla said the service would expand to seven new cities in the first half of 2026. But its robotaxi network remains confined to Austin, Dallas, Houston in Texas, and Miami in Florida.
Ahead of Wednesday's earnings call, the most-voted question on Tesla's investor-relations site, submitted by a retail investor, was: "What is keeping Tesla back from accomplishing these short-term goals that they've set for themselves?"
Nine of the top 10 most-voted questions center around Tesla's AI-driven bets - robotaxis, Optimus humanoid robots and its Full Self-Driving technology.
"Why has growth of robotaxi vehicles stalled? When will we see Cybercab start customer rides?" asked another retail investor.
Tesla has said that it has started manufacturing its Cybercab vehicle, a tailor-made robotaxi without a steering wheel and pedals. However, the vehicles have not been deployed into a robotaxi network, with Musk saying that the production ramp would be "agonizingly slow."
AUTO BUSINESS REBOUNDSTesla delivered a record number of vehicles for the April-to-June period, far exceeding market estimates, as higher oil prices helped drive sales of EVs, especially in Europe.
Analysts expect Tesla to deliver 1.7 million vehicles in 2026, up 3.9% from last year, which would snap a two-year skid of declining annual deliveries.
Barclays analysts said investors remained focused on Tesla's AI ambitions, but a stronger automotive business would help generate the cash needed to finance those investments.
For the second quarter, however, the vehicle-sales rebound may not be enough to offset heavy spending. Tesla is expected to report negative free cash flow of $3.3 billion, according to LSEG data.
Analysts expect Tesla's second-quarter profit to come in at 50 cents per share, compared with 40 cents per share in the same period a year earlier.
However, Deutsche Bank analysts expect the elimination of upfront Full Self-Driving software purchases earlier this year and low interest-rate financing in May to hit profitability.
Wall Street expects automotive gross margin excluding regulatory credits of 18.1% in the second quarter, lower than 19.2% in the prior three-month period, according to Visible Alpha data.
Reporting by Akash Sriram in Bengaluru and Abhirup Roy in San Francisco; Editing by Mike Colias and Anil D'Silva
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Akash reports on technology companies in the United States, electric vehicle companies, and the space industry. His reporting usually appears in the Autos & Transportation and Technology sections. He has a postgraduate degree in Conflict, Development, and Security from the University of Leeds. Akash's interests include music, football (soccer), and Formula 1.
Abhirup Roy is a U.S. autos correspondent based in San Francisco, covering Tesla and the wider electric and autonomous vehicle industry. He previously reported from India on global corporations, capital markets regulation, white-collar crime, and corporate litigation. Contact him at (415) 941-8665 or connect securely via Signal on abhiruproy.10
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Speculation is growing among investors that Elon Musk will merge his rocket and EV companies. SERGIO FLORES/AFP via Getty Images Whispers that Elon Musk might combine Tesla and SpaceX are growing — and investors want answers.
Shareholders took to an online Tesla investor forum to submit questions for executives ahead of the company's second-quarter earnings and clamor for more details about a rumored merger with SpaceX.
"Will SpaceX merge with Tesla?" asked one retail investor, in a question representing around 100,000 Tesla shares. Others asked if investors would get a vote on any proposed merger and how executives would ensure that a tie-up treats Tesla investors fairly.
One retail investor asked how Musk would balance his compensation plan, which requires the Tesla CEO to hit a series of ambitious goals to unlock the full $1 trillion payout, with a SpaceX merger.
"To reward long-term Tesla retail shareholders for their loyalty, can you commit to achieving at least half of the goals outlined in your 2025 compensation plan before considering any offers to acquire or merge Tesla?" they wrote in a post that has received nearly 300 votes.
Musk's goals include passing 20 million EV sales, 10 million Full Self-Driving subscriptions, and deploying 1 million robotaxis and Optimus robots.
While the majority of questions on the Q&A platform were focused on Tesla's sluggish robotaxi rollout and plans for Optimus, Business Insider counted at least 20 questions about the potential merger, making it one of the most-discussed topics among investors.
It's a sign that Tesla investors are increasingly responding to rampant speculation about a mega-merger with SpaceX, which raised a record $86 billion in a blockbuster IPO last month.
Musk is the CEO of two public companies that are worth more than $1 trilion. Bloomberg/Getty Images Longtime Tesla investor Ross Gerber told Business Insider he expected the merger to come up in Tesla's Q2 earnings call on Wednesday.
"I expect management to downplay it, because on the surface it does not create obvious value for either company. It would be complicated, distracting, and difficult to structure in a way that makes everyone happy," said Gerber, who is the CEO of wealth management firm Gerber Kawasaki.
Gerber added that the slow pace of Tesla's robotaxi expansion, which he said underpinned the company's $1.4 trillion valuation, is investors' main focus right now. However, he still expects a tie-up with SpaceX to happen eventually.
"SpaceX is where much of the innovation and excitement is right now, while Tesla's core EV business is under increasing pressure," Gerber said.
"If investor interest continues shifting away from EVs and toward SpaceX's growth story, a merger may become a way to reframe Tesla around Elon's stronger innovation platform," he added.
Tesla and SpaceX's share prices have both languished in the past month. Tesla's stock is down nearly 8%, while SpaceX has fallen 35% as the rocket maker's shares tumbled from their post-IPO peak.
SpaceX's IPO broke records, but it has had a bumpy landing. TIMOTHY A. CLARY / AFP via Getty Images Investors and Tesla bulls previously told Business Insider that a combination would make it easier for the two companies, which are already heavily intertwined, to work together.
SpaceX and Tesla are already collaborating on Musk's Terafab chip-building moonshot, and SpaceX president Gwynne Shotwell didn't rule out a merger last month.
"That might make Elon's life a little easier, actually," Shotwell said.
"There's no question that there's synergies between Tesla and SpaceX in our futures, definitely, there's a convergence of a kind of what we're all trying to accomplish in the future," she added.
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Are you a true buy-and-hold (and hold) investor? The rewards are well worth it if you pick the right stock and then commit to leaving it alone for a long, long time.
Case in point: Coca-Cola (KO +0.63%). Here's how you would have fared if you had bought a $1,000 stake in the beverage giant 30 years ago.
Image source: Getty Images
There are actually two answers. One of them assumes you didn't reinvest any dividends this stock paid. In this instance, your initial $1,000 position would be worth $3,443 now. If you had reinvested its dividend payments during this three-decade stretch, however, your investment would now be worth $7,374.
KO data by YCharts
Yes, investors' compounded dividend payments did more net work here than simple price appreciation.
While this sort of dividend-driven outperformance doesn't happen all the time, it isn't exactly unusual either. It just takes patience. Note that most of the reinvested dividend position's value didn't really start running away from the non-reinvested holding's value until roughly the last one-third of the time frame in question, when the cumulative, compounding effect of dividend reinvestment really started to kick into high gear.
That being said, choosing quality stocks with true staying power that can consistently grow because their product or service never falls out of favor -- like Coca-Cola -- is still arguably the key to outstanding buy-and-hold gains.
James Brumley has positions in Coca-Cola. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Andra AP fonden lessened its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 14.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 329,000 shares of the ride-sharing company’s stock after selling 55,498 shares during the quarter. Andra AP fonden’s holdings in Uber Technologies were worth $23,665,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies during the 3rd quarter worth approximately $25,000. Nalls Sherbakoff Group LLC acquired a new stake in Uber Technologies in the 4th quarter valued at $25,000. Osbon Capital Management LLC acquired a new stake in Uber Technologies in the 4th quarter valued at $25,000. Imprint Wealth LLC purchased a new stake in Uber Technologies in the 3rd quarter worth $32,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in Uber Technologies in the 4th quarter worth $27,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Wall Street Analyst Weigh In Several analysts have recently issued reports on the stock. KeyCorp dropped their target price on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th. Citizens Jmp reiterated a “market outperform” rating and issued a $100.00 price objective on shares of Uber Technologies in a report on Tuesday, April 28th. Royal Bank Of Canada started coverage on Uber Technologies in a research note on Monday, May 11th. They set an “outperform” rating for the company. Wolfe Research set a $100.00 target price on Uber Technologies in a report on Friday, May 29th. Finally, Citigroup restated a “market outperform” rating on shares of Uber Technologies in a research report on Monday, June 22nd. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and a consensus price target of $104.65.
Check Out Our Latest Report on Uber Technologies
Uber Technologies Stock Performance UBER opened at $72.22 on Tuesday. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The firm has a market capitalization of $147.02 billion, a PE ratio of 18.01 and a beta of 1.12. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The firm’s 50-day moving average price is $72.64 and its 200 day moving average price is $75.03.
Uber Technologies (NYSE:UBER – Get Free Report) last released its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same period last year, the company posted $0.83 EPS. The business’s revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, sell-side analysts expect that Uber Technologies, Inc. will post 3 EPS for the current fiscal year.
Uber Technologies News Roundup Here are the key news stories impacting Uber Technologies this week:
Positive Sentiment: Uber’s stock is being viewed as attractively valued ahead of a major investor update, which could help support shares if management reinforces its growth outlook. Should You Buy Uber Stock Before the Huge Investor Update? Positive Sentiment: Uber continues to expand Uber Eats into retail, adding Foot Locker, Kids Foot Locker, and Champs Sports across more than 1,000 U.S. locations, which broadens the delivery platform beyond restaurant food. Uber Expands Uber Eats Retail Reach With Foot Locker And 1,000 Stores Positive Sentiment: Analysts remain constructive after Uber’s $13.7 billion Delivery Hero acquisition, with several still assigning Buy ratings and price targets as high as $125, suggesting confidence in the company’s growth strategy. Uber Stock: Analysts Remain Confident Following $13.7B Delivery Hero Acquisition Neutral Sentiment: Uber’s coverage was initiated by Wedbush, adding another Wall Street opinion to the name, though the provided summary does not indicate whether the stance was bullish or bearish. Uber Technologies Research Coverage Started at Wedbush Negative Sentiment: Some investors are worried that driverless technology could erode Uber’s competitive advantage over time, which is a key overhang on the stock. Should You Buy Uber Stock Before the Huge Investor Update? Uber Technologies Company Profile (Free Report)
Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.
Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.
Featured Stories Five stocks we like better than Uber Technologies The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBER – Free Report).
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Alphabet (GOOGL +1.54%) (GOOG +1.56%) will announce its second-quarter financial results after the market closes on Wednesday, July 22. The stock is up 87% in the past year, but it's also down 14% from the record high it reached in May.
Should investors buy a few shares ahead of the earnings report? Most Wall Street analysts say the answer is "yes." Alphabet has a median target price of $440 per share, which implies 27% upside from the current share price of $346. However, investors should first acquaint themselves with the company.
Read on to learn more.
Image source: The Motley Fool.
Here's what Wall Street expects when Alphabet reports earnings on July 22 Alphabet reported impressive financial results in the first quarter. Revenue increased 22% to $109.8 billion, the fourth straight acceleration, driven by particularly strong sales growth in the cloud segment, which itself was due to insatiable demand for artificial intelligence (AI) infrastructure.
Meanwhile, net income increased 82% to $5.11 per diluted share, but that figure was inflated by unrealized investment gains, primarily from Alphabet's stake in SpaceX. Operating earnings, which excludes those investment gains, increased 29% to $39.6 billion.
Alphabet didn't provide guidance for the second quarter. But the Wall Street consensus estimate says revenue will increase 21% to $116.8 billion and earnings (excluding the impact of unrealized investment gains) will increase 25% to $2.89 per diluted share.
Investors should review management's commentary about capital expenditures (capex), meaning what the company plans to spend on property, plants, and equipment this year. During the first-quarter earnings call, management said capex would total $180 billion to $190 billion in 2026, slightly higher than what it projected earlier in the year. Investors may get nervous if the company revises that figure even higher.
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The investment thesis for Alphabet centers on AI cloud services Alphabet's primary growth driver will be its cloud computing business. The company still trails Amazon and Microsoft, but it's steadily gaining market share because of the popularity of its Gemini models and custom AI accelerators called tensor processing units (TPUs). Google Cloud accounted for 14% of cloud infrastructure spending in Q1 2026, up from 12% in Q1 2025.
Gemini could become a major source of revenue. Using Google Cloud tools, developers can fine-tune and integrate the models into custom applications. For instance, Apple used Gemini infrastructure to develop the foundation models that power its upgraded Siri voice assistant. But Alphabet also offers prebuilt applications, such as the AI agent Gemini Spark.
TPUs could also become a major source of revenue. Earlier this year, Alphabet announced plans to create a new AI cloud company in partnership with private equity firm Blackstone. Unlike other cloud platforms, TPUs (rather than Nvidia GPUs) will power the infrastructure. Additionally, Alphabet recently started selling TPUs to customers for use in their own data centers.
Morgan Stanley analyst Brian Nowak estimates TPUs will account for 25% of Google Cloud revenue by 2028, up from about 5% today. In turn, he expects Google Cloud revenue to grow at 75% annually over that period, bringing Alphabet's companywide earnings per share to $19 in 2028. That implies annual growth of 15%, which more or less aligns with the Wall Street consensus.
In that context, Alphabet's current valuation of 26 times earnings looks quite reasonable. That's especially true because the company has another compelling growth opportunity in its autonomous driving business Waymo. Investors should feel comfortable buying a small position today, though I would keep some cash in reserve to capitalize on a post-earnings dip should the company's second-quarter results fail to impress.
Google’s parent company, Alphabet (NASDAQ: GOOGL), is approaching its next earnings report – scheduled for Wednesday, July 22 – in a somewhat uncertain position.
On the one hand, GOOGL stock remained slightly in the green through the volatility in the previous 30 days, thus retaining the overall 11.43% year-to-date (YTD) rally to $351.37.
Google stock price YTD chart. Source: Google Similarly, the company is overall seen as in a strong position given its continued advancement of artificial intelligence (AI) technology, extensive partnership network, and the successful raising of more than $80 billion in an equity offer that, among others, involved Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A, BRK.B).
On the other hand, the firm recently suffered a significant setback when it delayed the launch of the Gemini 3.5 Pro AI model after it failed to meet internal expectations, while Nikkei research flagged Alphabet as one of big tech’s firms with an exceptionally high ‘hidden debt.’
Is Google a good stock to buy? The overall picture, however, remains bullish for Google stock as far as Wall Street analysts are concerned. Indeed, GOOGL equity is overall regarded as a ‘Strong Buy’ and, on average, expected to rise 24.37 to $437.79 in the next 12 months, per the data Finbold retrieved from TipRanks on July 21.
Google stock price 12-month target. Source: TipRanks Simultaneously, institutional experts to weigh in on Alphabet shares’ future in the second half of July proved unanimously bullish, with Wedbush’s Ygal Arounian offering a standout $671 forecast on July 15 and setting a new Street high.
Though the most recent price target – assigned by BMO’s Brian Pitz – was not as optimistic, it nonetheless featured a ‘Buy’ rating and an estimate upgrade from $435 to $455.
Could Google’s past success drive GOOGL stock lower? Meanwhile, Google’s own earnings history backs the notion the Wednesday filing will be bullish, considering it has beaten every earnings per share (EPS) forecast since the second quarter (Q2) of 2025, but outperformed the expectations by 93.56% in Q1, 2026.
Nonetheless, the scale of the previous beat could itself present some headwinds should Alphabet fail to match it, as, indeed, the company’s strong history and high investor hopes themselves pose a danger even if the financials are generally strong.
Google stock technical analysis Technical analysis (TA) of the stock, for its part, highlights both that there is a degree of uncertainty and that the odds are partially skewed toward Google stock being a buy ahead of the next earnings.
Data based on the last week and the last month of trading that Finbold retrieved from TradingView on July 21 generally paint a favorable picture of the equity. Still, the overall ‘Buy’ recommendation results from moving averages (MA) reading ‘Strong Buy’ and oscillators “Neutral.’
Google stock technical analysis. Source: TradingView The daily figures further muddy the waters as they indicate Alphabet shares are, at least in the short-term, a ‘Sell.’
SummaryI stayed constructive through the $84.75 billion raise, but I'm downgrading to hold now, and dilution or CapEx isn't the main reason.In my view, Alphabet's record profit in Q1 may have been driven by its stake in Anthropic (think equity markups), and that's the part I no longer want to ignore.Series H priced Anthropic at two and a half times Series G, so I expect an even bigger markup this print, given that Series H happened during the second quarter.I won't chase a $4, $5, or even $8 EPS number on Wednesday if other income is doing most of the work, and not the operating business.I'm not bearish on Alphabet, just concerned with the market's reaction to a headline EPS that I believe may be mostly driven by marks, not the ads/cloud/YouTube business. Kaspars Volonts/iStock via Getty Images
Alphabet's (GOOGL) (GOOG) most profitable quarter ever, reported about three months ago, mostly had nothing to do with selling search ads or cloud contracts.
Strange, right?
You probably remember that the headline (particularly on the
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In another one of this week’s tests of investor sentiment around artificial intelligence (AI) – and a tentpole one at that — Google’s parent company, Alphabet (NASDAQ: GOOGL), reports second-quarter results after the close of U.S. markets on Wednesday, July 22.
This report could be an opportune time for short-term traders to consider Alphabet single-stock ETFs, such as the Direxion Daily GOOGL Bull 2X Shares (GGLL) and the Direxion Daily GOOGL Bear 1X Shares (GGLS). When preparing for Alphabet’s earnings with these funds, traders should note that GGLL attempts to deliver 200% of the daily returns of the internet stock, while the bearish GGLS seeks intraday performances corresponding with the inverse returns of Alphabet.
Although shares of Alphabet are up 12% year to date, they have slipped 3% over the past month — perhaps signaling a near-term burden of proof for the company as it heads into its earnings report. If that’s accurate, either GGLL or GGLS could be worth considering.
“Look for Google Cloud growth in both quarterly numbers and contracted future revenue (or backlog),” noted Malik Khan of Morningstar. “We think investors want certainty that the $460 billion backlog will convert to sales over the next two years, and also want to know what that trajectory will look like. Non-backlog factors, such as consumption-based spending and new commitments, will be important for understanding the health of the cloud business.”
More Alphabet Angles Without the benefit of a crystal ball, it’s difficult to determine which of the Direxion ETFs will come into focus following Alphabet’s earnings report. However, identifying the catalysts that could move the stock and these ETFs is relatively easy. That list starts with planned expenditures, particularly those related to AI.
“The firm should be at the top end of its $180 billion-$190 billion annual capital expenditure guidance. We think investors will key in on the annual capital expenditure for 2026, as well as any implied numbers it may provide for 2027 and their associated impacts on earnings,” added Khan.
For traders looking to approach Alphabet in bullish fashion, potentially deploying GGLL in the process, it’s worth noting that some market observers believe the stock remains one of the more attractively valued names in the mega-cap growth space.
“We see the stock as cheap and expect investors to appreciate the firm’s multi-vector monetization opportunity in AI throughout the year,” concluded Khan. “While there are concerns about Gemini falling behind at the frontier, we think Alphabet remains competitively well-positioned in the model layer and across the entire AI stack (chips, cloud infrastructure, and applications). We believe Alphabet can find monetization opportunities across its businesses, leveraging AI.”
For more news, information, and strategy, visit the Leveraged & Inverse Content Hub.
A securities fraud class action lawsuit has been filed on behalf of Microsoft investors after its stock plummeted 10% because Microsoft allegedly misled investors regarding its AI chatbot Copilot and cloud computing platform Azure.
, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Microsoft Corporation (NASDAQ:MSFT) and certain of the Company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in Microsoft, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit.
Key Details of the Microsoft ($MSFT) Class Action:
Lead Plaintiff Deadline: August 11, 2026 Alleged Misconduct: Securities fraud alleging that Microsoft misled investors regarding its Azure cloud computing platform and AI chatbot Copilot Stock Drop: January 28, 2026 – 10% Stock Drop Court: U.S. District Court for the Western District of Washington Action: Contact BFA Law to discuss your rights Investors have until August 11, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Microsoft common stock. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned City of St. Clair Shores Police and Fire Retirement System, et al., No. 26-cv-02071.
Why is Microsoft Being Sued for Securities Fraud?
Microsoft is a multinational technology company that develops software, cloud services, and devices. In recent years, Microsoft's cloud computing platform named Azure has been Microsoft's main growth driver. A key reason for Azure's recent growth is Microsoft's multi-billion-dollar investment into AI, including the development of its own generative AI chatbot named Copilot.
According to the complaint, during the relevant period, Microsoft consistently touted Copilot's best-in-class capabilities, which purportedly drove widespread and growing user adoption. Copilot's apparent success allowed Microsoft to report surging Azure-related revenue.
As alleged, in truth, Copilot suffered from severe functionality issues that caused user adoption to decline and put Microsoft's Azure revenue at risk.
Why did Microsoft's Stock Drop?
On January 28, 2026, Microsoft announced disappointing 2Q 2026 financial results and that Azure growth had slowed suddenly. Microsoft also allegedly revealed for the first time that the number of Microsoft 365 Copilot premium customers totaled only 15 million, materially below analyst estimates.
This news caused the price of Microsoft common stock to decline $48.13 per share, or 10%, from $481.63 per share on January 28, 2026, to $433.50 per share on January 29, 2026.
Additionally, on February 3, 2026, The Wall Street Journal reported in an article titled "Microsoft's Pivotal AI Product Is Running Into Big Problems" that severe challenges and functionality issues had plagued Copilot, causing the application to lose market share. Specifically, The Wall Street Journal reported that "[c]onfusing brand positioning and interoperability problems have frustrated users."
Click here for more information: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit.
What Can You Do?
If you invested in Microsoft, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
AMD stock jumped more than 4% in premarket trading on Tuesday as Microsoft’s endorsement of its artificial-intelligence platform fuelled expectations that a broader customer push could follow.
The stock had already gained 5.1% on Monday after Microsoft said it would deploy AMD’s Helios rack-scale systems and next-generation EPYC processors across Azure.
The agreement gives AMD commercial validation before its Advancing AI event begins Wednesday.
Microsoft plans to use Helios for Azure infrastructure supporting frontier-model inference, its AI services and customer applications.
AMD expects to begin shipping the systems to customers, including Microsoft, during the second half of 2026.
Helios combines MI455X accelerators, sixth-generation EPYC “Venice” processors, Pensando networking and ROCm software in an integrated rack.
That breadth matters because AMD has historically been viewed as a chip supplier competing against Nvidia’s larger ecosystem.
The approach gives data-centre operators a complete system.
It also allows Microsoft to diversify its infrastructure beyond Nvidia while combining outside processors with its own Maia chips.
“What makes this more significant than a routine cloud partnership is its breadth,” Baptista Research analyst Ishan Majumdar told MarketWatch.
Majumdar said the deal validated AMD as an integrated AI-infrastructure provider rather than a chip-level challenger.
He cautioned that neither financial terms nor deployment volumes were disclosed, making the announcement a sign of potential future revenue rather than an immediately measurable earnings contribution.
AMD’s two-day Advancing AI event on July 22 and 23 will focus on infrastructure, architecture, customer deployments and the company’s wider computing strategy.
Investors expect updates on Helios, MI455X accelerators, future MI500 products and the ROCm software ecosystem.
The biggest source of speculation is Anthropic.
Jefferies analysts said a more conventional agreement with the Claude developer would be a “major positive for the stock” and strengthen confidence that AMD can compete for demanding AI workloads without offering large equity incentives.
An Anthropic deal had not been confirmed as of Tuesday.
The stronger test is whether Microsoft becomes the first of several customers prepared to deploy Helios at scale.
AMD has already named Meta, OpenAI and Oracle among early adopters, but investors will want deployment timetables and economics.
Another recognisable customer would suggest that Helios is becoming a broadly accepted platform rather than depending on a small number of structured partnerships.
Bank of America analysts expect the event to provide greater visibility into 2027 deployments, production ramps and adoption among hyperscale customers.
Those details will determine whether Microsoft’s endorsement can translate into earnings.
Investors need to know how quickly AMD can manufacture racks, how many systems customers may install, and when orders will begin contributing materially to data-centre revenue.
Execution remains the central risk. AMD must coordinate accelerators, processors, networking hardware and software while competing against Nvidia’s established rack-scale platform.
Delays, limited initial volumes or weak margins could temper enthusiasm.
Amova Asset Management Americas Inc. boosted its stake in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 18.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 482,630 shares of the specialty retailer’s stock after buying an additional 73,607 shares during the period. Amova Asset Management Americas Inc.’s holdings in Alibaba Group were worth $60,580,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Hoey Investments Inc. boosted its stake in shares of Alibaba Group by 95.2% during the 1st quarter. Hoey Investments Inc. now owns 205 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 100 shares during the period. Costello Asset Management INC purchased a new position in shares of Alibaba Group during the fourth quarter valued at approximately $34,000. Palisade Asset Management LLC purchased a new position in shares of Alibaba Group during the third quarter valued at approximately $37,000. Palladiem LLC bought a new position in shares of Alibaba Group during the fourth quarter valued at approximately $38,000. Finally, SJS Investment Consulting Inc. raised its holdings in shares of Alibaba Group by 15,000.0% in the first quarter. SJS Investment Consulting Inc. now owns 302 shares of the specialty retailer’s stock worth $38,000 after buying an additional 300 shares during the period. 13.47% of the stock is owned by hedge funds and other institutional investors.
Key Alibaba Group News Here are the key news stories impacting Alibaba Group this week:
Positive Sentiment: Alibaba unveiled its new Qwen3.8-Max AI model, which it says is among the most capable in the market and second only to Anthropic’s Fable 5, reinforcing the company’s push to compete in global AI and cloud. Alibaba’s New AI Model Takes On Anthropic. What It Means for the Stock. Positive Sentiment: Investor commentary also stayed constructive, with Jim Cramer calling Alibaba “still the best way to play China,” which may be helping sentiment around the stock. Jim Cramer: Alibaba Is “Still the Best Way to Play China” Despite Being Down 18% YTD Neutral Sentiment: Multiple reports highlighted broader excitement around China’s AI models gaining share and Alibaba’s AI ecosystem expanding, which supports the long-term growth narrative but does not change fundamentals immediately. China AI Models Capture 63% of U.S. OpenRouter Usage as Xi Pushes Global Rules Neutral Sentiment: Alibaba-related lobbying disclosures showed the company is actively engaging on issues such as tariffs, capital markets access, product safety, and AI regulation, which is more of a background policy update than a direct trading catalyst. Lobbying Update: $920,000 of ALIBABA GROUP HOLDING LIMITED lobbying was just disclosed Negative Sentiment: Alibaba’s AliExpress unit was hit with a record €550 million EU fine over illegal, unsafe, and counterfeit product sales, raising compliance and reputational risks and likely weighing on the stock. AliExpress hit with $629 million EU fine over sales of illegal, counterfeit products Negative Sentiment: That EU fine was followed by multiple U.S. law-firm announcements about securities and fraud investigations into Alibaba, adding legal overhang and potentially increasing investor caution. Rosen Law Firm Encourages Alibaba Group Holding Limited Investors to Inquire About Securities Class Action Investigation – BABA Alibaba Group Stock Up 4.8% Shares of NYSE BABA opened at $120.44 on Tuesday. Alibaba Group Holding Limited has a 12-month low of $91.99 and a 12-month high of $192.67. The stock’s fifty day simple moving average is $116.33 and its two-hundred day simple moving average is $134.94. The stock has a market capitalization of $288.70 billion, a PE ratio of 19.78, a price-to-earnings-growth ratio of 2.12 and a beta of 0.51. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.21.
Alibaba Group (NYSE:BABA – Get Free Report) last released its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 EPS for the quarter. The firm had revenue of $35.30 billion during the quarter. Alibaba Group had a return on equity of 4.76% and a net margin of 10.31%. As a group, analysts expect that Alibaba Group Holding Limited will post 6.28 EPS for the current fiscal year.
Alibaba Group Dividend Announcement The company also recently disclosed an annual dividend, which was paid on Monday, July 13th. Stockholders of record on Thursday, June 11th were given a $1.05 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a dividend yield of 93.0%. Alibaba Group’s payout ratio is presently 16.91%.
Insider Transactions at Alibaba Group In other Alibaba Group news, CFO Hong Xu sold 175,054 shares of Alibaba Group stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $12.15, for a total value of $2,126,906.10. Following the transaction, the chief financial officer directly owned 280,496 shares of the company’s stock, valued at approximately $3,408,026.40. The trade was a 38.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Fan (Fj) Jiang sold 13,579 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $12.10, for a total value of $164,305.90. Following the transaction, the chief executive officer directly owned 556,617 shares in the company, valued at approximately $6,735,065.70. The trade was a 2.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 920,303 shares of company stock worth $70,796,370. 12.50% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades Several equities analysts have commented on the company. Barclays upped their price objective on Alibaba Group from $186.00 to $195.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Wall Street Zen raised shares of Alibaba Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 23rd. Argus upgraded shares of Alibaba Group to a “hold” rating in a report on Tuesday, March 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Alibaba Group in a report on Wednesday, May 27th. Finally, Susquehanna boosted their price objective on shares of Alibaba Group from $170.00 to $185.00 and gave the company a “positive” rating in a research report on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $186.90.
Read Our Latest Research Report on Alibaba Group
About Alibaba Group (Free Report)
Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co‑founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high‑profile initial public offering on the New York Stock Exchange in 2014.
The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.
Featured Stories Five stocks we like better than Alibaba Group The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding BABA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alibaba Group Holding Limited (NYSE:BABA – Free Report).
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