Track market-moving stories before they get noisy

At an internal Meta town hall on July 2, 2026, CEO Mark Zuckerberg told employees that AI agent development over the prior four months “hasn’t really accelerated in the way that we expected,” per a recording heard by Reuters. He added that the company’s reorganization was not as “clean” as planned and that its bets on the new structure “haven’t come to fruition yet,” though he expects meaningful benefits within three to six months.

The admission came six weeks after Zuckerberg’s May layoff memo declared “AI is the most consequential technology of our lifetimes” and that “the companies that lead the way will define the next generation.”

The $145 billion Contradiction Meta Platforms (NASDAQ:META | META Price Prediction) has committed to $125 billion to $145 billion in 2026 capex, more than double its $72.215 billion 2025 outlay. In April, Meta inked a $21 billion expanded AI infrastructure deal with CoreWeave through 2032, on top of a 6-gigawatt AMD GPU partnership signed in February. And yet, last week it was reported Meta will rent out capacity much like SpaceX (Nasdaq: SPCX). Bulls have cheered the announcement, noting it gives Meta Platforms more flexibility and could raise substantial revenue in the year ahead.

Bears point ot the fact Meta has enough compute its not able to effectively use it on its products. That could show the company is reaching the limits of AI producing strong ROIC when applied to products from Instagram, Facebook, and WhatsApp. In the past Meta has managed to continue driving engagement across its product suite (and advertising solutions) through increased AI usage.

Shares trade near $584, down roughly 11.5% year to date and about 18% over the past 12 months, underperforming megacap peers. If AI “hasn’t really accelerated,” what is $145 billion buying?

Who Got Cut, Who Got Protected Meta notified roughly 8,000 employees in May 2026, about 10% of its then-80,000 person workforce. Per CNBC reporting from May 20, 2026, cuts hit integrity teams, cybersecurity, content design, and Reality Labs hardest, while AI infrastructure, foundation models, and AI monetization teams were protected. Another 7,000 employees were redirected into newly created AI-focused teams, and 6,000 planned hires were cancelled.

US workers received 16 weeks severance plus two additional weeks per year of tenure, with health insurance extended 18 months. Zuckerberg told staff: “Success isn’t a given.” CFO Susan Li added on the Q1 call that executives “don’t really know what the optimal size of the company will be in the future.”

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The Human Cost One Meta policy employee told Wired that morale is low because the US workforce feels it is “being used to train the AI models that will replace them.” Meta’s overall employee rating on Blind has fallen 25% from its Q2 2024 peak, with culture ratings down 39%. Median total compensation slipped by nearly $30,000.

The Counterargument Meta’s Chief AI Officer Alexandr Wang took to X to defend Meta’s efforts and layer on additional context to Zuckerberg’s quote:

First, Mark was clearly talking about the industry’s progress on agentic capabilities on the whole.

But, while we’re on the topic: Our next Muse Spark update is coming soon. Big improvements in coding and agentic capabilities to be more competitive with other leading models.… https://t.co/uTjx8sZM2A

— Alexandr Wang (@alexandr_wang) July 3, 2026

Wang also claimed that while Meta has lagged rivals, its upcoming model (code-named Watermelon) will equal 5.5 from OpenAI.  If Meta can catch up to other ‘frontier labs’ that have made major investments into areas like coding and agentic capabilities, it would go a long way to soothing negative investor sentiment.

An Industry Pattern Meta joins a broader industry trend. Layoffs.fyi counts roughly 110,000 layoffs at 137 tech companies in 2026 so far, after about 125,000 cuts in all of 2025. Goldman Sachs pegs AI-driven layoffs at more than 16,000 payroll cuts per month industry-wide. Cisco cut roughly 4,000 employees the same week as Meta, and Microsoft offered buyouts to about 7% of its US workforce in April.

Zuckerberg’s remark appears to be the first time a major CEO has publicly conceded the acceleration isn’t happening on schedule. Reality Labs alone lost $4.03 billion in Q1 2026. The core ad engine grew revenue 33.08% year over year, but expenses climbed 35%.

If the three-to-six-month window Zuckerberg cited slips, what happens to remaining employees, signed capex commitments, and a stock that has already given back a fifth of its value?

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Amazon plans to raise at least $25 billion through an eight-part bond sale, as it looks to continue its massive artificial intelligence buildout, sources told CNBC's David Faber.

The company has also shared with its underwriters that it won't issue any more debt this year, according to people familiar with the matter, who asked not to be named because the details are private.

Amazon disclosed plans for the capital raise in a filing with the SEC on Tuesday, but it didn't disclose the dollar amount.

Bloomberg was first to report the value of Amazon's bond sale.

The debt sale comes after Amazon raised roughly $54 billion in bonds earlier this year in the U.S. and Europe, followed by a $10 billion bond raise in Canada in June.

Tech companies have turned to the capital markets to help fund their aggressive spending plans on AI infrastructure. Nvidia, Oracle, Alphabet and Meta have also announced debt raises and issued stock in recent months.

Amazon has projected its capital expenditures will reach $200 billion this year, up from $131 billion in 2025, with most of the spending going toward data centers, chips and other equipment. CEO Andy Jassy has tried to reassure investors skeptical of its plans by arguing AI is a "once-in-a-lifetime opportunity" that requires big bets.

An Amazon spokesperson told CNBC in a statement that proceeds from the latest bond sale will be used for general corporate purposes, which could include supporting investments, funding future capital expenditures and debt repayment.

"We regularly evaluate our operating plan and make financing decisions, like issuing bonds, accordingly," the spokesperson said.

— CNBC's Jim Forkin contributed reporting to this story.

Read more CNBC tech newsMeta's push into cloud computing means Wall Street has to prepare for lower marginsChip stocks that notched record rallies in second quarter start Q3 with a dudPlayStation will end physical disc production for new games in 2028Employers who laid off workers citing AI are already starting to regret it

Nvidia Corporation (NASDAQ:NVDA) shares are trading lower following reports suggesting China’s DeepSeek is developing AI chips for inference, which reduces its reliance on the company.

DeepSeek’s Quiet Push Into SemiconductorsIf successful, the move would mark a major strategic shift for DeepSeek — widely regarded as China’s AI champion — and could reduce its reliance on both Nvidia and Huawei chips, which it has historically depended on to train and run its globally popular models.

The Broader ContextDeepSeek would be joining a growing list of AI companies seeking to reduce dependence on Nvidia by developing custom silicon. OpenAI last month unveiled Jalapeño, its first custom inference chip developed with Broadcom, while Anthropic has been weighing building its own chips, Reuters reported in April.

Nvidia Shares FallNVDA Price Action: At the time of publication, Nvidia shares are trading 1.62% lower at $192.39, according to data from Benzinga Pro.

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Jim Cramer spent his July 6, 2026 Stop Trading segment pointing away from the obvious AI trade. While traders chase every hyperscaler capex beneficiary and GPU adjacency they can find, he told viewers to “check, without the cauldron of the data center, [they] should be looking at IBM.” His pitch leaned on a fresh Bank of America upgrade and a valuation that, in a market where AI names routinely trade north of 40x forward earnings, looks almost quaint.

IBM (NYSE:IBM | IBM Price Prediction) is the trade he wants you to make while the rest of the market is busy elsewhere.

The Cramer pitch, in his own words Cramer’s setup was direct. “Bank of America raising price target, raising earnings per share. It’s got some of course AI. But it really is this great computer company,” he said, before landing on the number that matters. “And it sells at 22 times next year’s earnings. I think this one works.” He also acknowledged the elephant. “I know it got hit very badly when it reported, but I think it’s going to be a good, good idea.”

IBM printed a clean beat on April 22, then sold off anyway. Shares closed the filing day at $257.80, dropped roughly 10% within a week, then clawed back to $299.68 by Monday morning. BofA is now at $330 (raised from $315), citing software strength, Confluent synergies, and IBM’s dividend record. The forward P/E per Alpha Vantage is 23x, close enough to Cramer’s 22 to call it a match.

What’s actually inside the “boring” AI story The AI part of IBM’s business is bigger than casual observers realize. The generative AI book of business had crossed $12.5 billion inception-to-date by year-end, with roughly four-fifths in Consulting and one-fifth in Software, and it has been accelerating from $7.5 billion in Q2 2025 and $9.5 billion in Q3 2025. That is real money attached to real workloads.

Q1 2026 gave the thesis teeth. Revenue of $15.917 billion, up 9.46% year over year, beat by 1.70%. Non-GAAP EPS of $1.91 versus $1.81 consensus made it the fourth consecutive EPS beat. Software grew 11.3% with Red Hat up 13% and Data up 19%. Infrastructure was the shocker. IBM Z mainframe revenue rose 51% year over year and segment margin expanding to 15.8% from 8.6%.

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Arvind Krishna claimed on the call that IBM’s fully populated Z can now handle “about 450 billion inferences a day”, which is why banks are running fraud models directly on the transaction rail instead of shipping data out.

Then there is the ballast. IBM raised the dividend to $1.69 per share, the 31st consecutive annual increase, and the company has paid a quarterly dividend every year since 1916. That income floor does not exist in the data-center-darling universe. You can verify the Q1 numbers in the Q1 2026 8-K exhibit filed with the SEC.

Pressure-testing the 22x trade Is 22x forward earnings actually cheap for what IBM does, or is it priced correctly for a company that grew Consulting only 4% in the quarter and carries elevated debt after Confluent? Free cash flow guidance calls for an approximately $1 billion year-over-year increase in 2026. Return on equity sits at 35.8%. Beta is 0.675, so you are getting AI exposure with less whip than the rest of the complex.

The bearish read has weight. Consulting is the largest slice of that $12.5 billion AI book, and consulting revenue growing 4% while the backlog is 30% GenAI raises a fair question about whether AI is expanding the pie or eating older services. Reddit conversation in June kept surfacing IBM in “forgotten tech stocks” threads, which is either the contrarian’s dream or the market telling you something.

Cramer’s call is coherent. A 2.25% dividend yield, a forward multiple in the low 20s, a real AI book compounding fast, and a mainframe cycle that will not quit. Whether that trade-off works depends on whether you are trying to win the next quarter or the next five years.

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EL SEGUNDO, Calif., July 07, 2026 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND), otherwise known as Beyond The Plant Protein Company™, today announced that Beyond Steak Filet will begin rolling out to Meijer stores this month, expanding its retail presence following recent launches at Wegmans and H-E-B.

Since debuting on the brand's direct-to-consumer site in October 2025, Beyond Steak Filet has quickly become the site's #1 selling product1, earning enthusiastic consumer reviews for its delicious taste, great texture, and strong nutritional profile. Made with mycelium and heart-healthy2 avocado oil, the whole-cut filet delivers 28g of plant protein, 3g of fiber, and just 1g of saturated fat per serving. Beyond Steak Filet is made with clean, simple ingredients and is one of more than 20 Beyond Meat products to earn Clean Label Project Certification. It also contains no added antibiotics or hormones and is Non-GMO Project Verified.

"We're excited to bring Beyond Steak Filet to more consumers across the country," said Ethan Brown, Founder and CEO of Beyond Meat. "The response we saw during our direct-to-consumer launch signaled that consumers share our enthusiasm for this special whole-cut steak, which delivers on taste, texture, and nutrition while being made with clean, simple ingredients. As we offer Beyond Steak Filet at more retailers, we're making it easier than ever for consumers to enjoy a satisfying, nutritious steak experience at home."

To learn more about Beyond Steak Filet, discover delicious ways to enjoy it, and find a retailer near you, visit www.BeyondMeat.com.

About Beyond Meat
Beyond Meat, Inc. (NASDAQ: BYND), otherwise known as Beyond The Plant Protein Company™, is a plant protein company offering a portfolio of plant-based products made with non-GMO ingredients, no added hormones or antibiotics, and 0mg of cholesterol per serving. Founded in 2009, Beyond Meat’s core products are designed to have the same taste and texture as animal-based meat while being better for people and the planet. The company’s brand promise, Eat What You Love®, represents a strong belief that there is a better way to feed our future and that the positive choices we all make, no matter how small, can have a great impact on our personal health and the health of our planet. By shifting from animal-based protein to plant-based protein, we can positively impact four growing global issues: human health, climate change, constraints on natural resources and animal welfare. Visit www.BeyondMeat.com and follow @BeyondMeat on Facebook, Instagram, Threads and LinkedIn.

Beyond Meat Forward Looking Statements
Certain statements in this release constitute “forward-looking statements.” These statements are based on management’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Beyond Meat believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. There are many risks and uncertainties that could cause actual results to differ materially from forward-looking statements made herein including, most prominently, the risks discussed under the heading “Risk Factors” in Beyond Meat’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the U.S. Securities and Exchange Commission (“SEC”) on April 9, 2026, Beyond Meat’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 28, 2026 filed with the SEC on May 7, 2026, as well as other factors described from time to time in Beyond Meat’s filings with the SEC. Such forward-looking statements are made only as of the date of this release. Beyond Meat undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If Beyond Meat does update one or more forward-looking statements, no inference should be made that Beyond Meat will make additional updates with respect to those or other forward-looking statements.

Media Contact
Shira Zackai
[email protected]

1 "#1 seller" refers exclusively to unit sales on Beyond Test Kitchen DTC website since October 2025. No comparison to broader market or category sales is intended or implied.
2 Diets low in saturated fat and cholesterol, and as low as possible in trans fat, may reduce the risk of heart disease.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/d4f4613f-05c5-4a9b-8592-055cfb9d67a1
https://www.globenewswire.com/NewsRoom/AttachmentNg/bef10e02-0d89-493e-9999-b5f5f246ba97

BEYOND MEAT INTRODUCES BEYOND STEAK FILET AT MEIJER Adding to availability at Wegmans and H-E-B, Meijer is the latest retailer to offer Beyond Steak Fil... Beyond Steak Filet delivers 28g of plant protein, 3g of fiber, and just 1g of saturated fat per serv... Beyond Steak Filet is made with clean, simple ingredients and is one of more than 20 Beyond Meat pro...

Key Takeaways Dow ended Q1 with about $14B in liquidity, supporting growth investments and shareholder returns.DOW generated about $1.1B in Q1 operating cash flow and has no major long-term debt due until 2029.DOW trades at a forward P/E below the industry average, while 2026 and 2027 EPS estimates have risen. Dow Inc. (DOW - Free Report) exited the first quarter with solid liquidity of around $14 billion, including cash and cash equivalents of roughly $4.1 billion. It generated solid cash flow from operating activities of roughly $1.1 billion in the first quarter.

DOW’s strong balance sheet and substantial cash flows support capital allocation, enabling it to finance its growth investments in higher-value businesses and regions and drive shareholder value while navigating a challenging macroeconomic environment. It remains focused on growth actions in attractive end markets and executing high-return incremental growth projects in cost-advantaged regions, leveraging strong financial health.

Dow returned $1.5 billion to shareholders through dividends in 2025. Dow has a policy of returning roughly 45% of its operating net income through dividends. It paid $252 million in dividends in the first quarter. It has no substantial long-term debt maturities until 2029.

Looking across the competitive landscape, LyondellBasell Industries N.V. (LYB - Free Report) had $2.64 billion in cash and cash equivalents as of the end of the first quarter. LYB’s total available liquidity was $7.3 billion. LyondellBasell generated $2.6 billion in cash from operating activities over the 12 months (ending March 31, 2026) and achieved 111% cash conversion.

Eastman Chemical Company (EMN - Free Report) ended the first quarter with cash and cash equivalents of $665 million, up from $418 million at the end of the prior-year period. EMN’s cash and cash equivalents rose $99 million sequentially from $566 million at the beginning of the quarter. Eastman Chemical generated around $1 billion in operating cash flow in 2025 and sees similar cash flows in 2026.

The Zacks Rundown for DOWShares of Dow have lost 5.9% in the past year compared with the Zacks Chemicals Diversified industry’s decline of 2.6%.

Image Source: Zacks Investment Research

From a valuation standpoint, DOW is currently trading at a forward 12-month earnings multiple of 11.72, a 13.1% discount to the industry average of 13.49X. It carries a Value Score of A.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for DOW’s 2026 and 2027 earnings implies a year-over-year rise of 395.7% and a decline of 31.6%, respectively. The EPS estimates for 2026 and 2027 have been trending higher over the past 60 days.

Image Source: Zacks Investment Research

ROTTERDAM, Netherlands, July 07, 2026 (GLOBE NEWSWIRE) -- Global chemical leader LyondellBasell (NYSE: LYB) today announced an innovative flexible packaging solution for Marabou chocolate bars, developed in collaboration with Mondelez International, Amcor, Taghleef Industries and other key industry players. Using LYB CirculenRevive polymers with 100% attributed recycled content via an ISCC PLUS-certified mass balance approach, Mondelez is now able to offer packaging sourced from 75% recycled content, helping transform hard-to-recycle post-consumer mixed plastic waste into high-quality materials for food packaging.

“Our collaboration with Mondelez illustrates our shared vision for the future and highlights our ability to provide innovative, high-quality circular solutions tailored to demanding specifications,” said Yvonne van der Laan, executive vice president, Sustainable Solutions and Technology Business, LYB. “We’re committed to making circular and low carbon solutions work for businesses while creating solutions for everyday sustainable living.”

Scaling circular polymers through the LYB integrated ecosystem

As LYB continues to expand its circular solutions, the company plans to supply future polymers for Marabou packaging through MoReTec-1, its first commercial-scale catalytic chemical recycling plant under construction in Wesseling, Germany. Once operational, MoReTec-1 will strengthen access to circular feedstock within the LYB integrated ecosystem, which connects advanced sorting and recycling infrastructure with the company’s existing crackers and polymerization assets.

“This collaboration demonstrates how LYB can connect chemical recycling innovation with the scale and reach of our existing production network,” said LYB CEO Peter Vanacker. “As we advance MoReTec-1, we expect the facility to support future polymer supply for Marabou packaging and strengthen our ability to convert hard-to-recycle plastic waste into circular feedstocks for our existing assets. This integrated approach positions LYB to deliver value while advancing our circular and low carbon strategy.”

Once operational, the MoReTec-1 facility is designed to produce 50,000 metric tons of feedstock annually for use in existing LYB production units, enabling the production of recycled polymers. Source One Plastics, an LYB joint venture located in Eicklingen, Germany, processes mixed plastic waste into feedstock suitable for chemical recycling, supporting future supply to MoReTec-1. LYB currently sources recycled feedstock for CirculenRevive polymer production from third-party pyrolysis oil producers.

Collaborating across the packaging value chain

Solutions like the Marabou chocolate bar packaging depend on collaboration across the value chain to help advance a more circular economy for plastics. LYB supplies the circular polymers, Taghleef Industries develops the base film and Amcor converts the material into the final flexible packaging solution for Mondelez.

“Looking ahead, our ambition is to increase the use of recycled plastic in our packaging materials, and we’re proud to collaborate with multiple value chain players, including LYB and other industry leaders, on this journey,” said Packaging Sustainability Manager at Mondelez International, Richard Akkermans. “For consumers, the message is simple: plastic packaging can be recycled and allocated back into new food packaging. This initiative shows what becomes possible when brand owners, recyclers, packaging material producers and converters work together to turn circular ambition into commercial reality.”

Meeting brand-owner demand for circular packaging solutions

The collaboration reflects growing demand from brand owners for high-performance circular polymers that can support recycled-content goals while delivering the quality required for flexible food packaging.

The new packaging supports progress toward European recycling ambitions and readiness for anticipated recycled-content requirements under the European Union Packaging and Packaging Waste Regulation (PPWR). Chemical recycling can help address flexible packaging waste, which has historically proven challenging to recycle into materials suitable for food packaging.

How CirculenRevive supports solutions

CirculenRevive polymers are created by converting hard-to-recycle mixed plastic waste, including flexible packaging, into feedstock for polymer production through a chemical recycling process. LYB uses these feedstocks in existing production processes, displacing fossil-based feedstocks, and attributes them to end products through an ISCC PLUS-certified mass balance approach.

The resulting polymers offer a drop-in, virgin-quality solution that allows brand owners to incorporate recycled content while maintaining performance and compliance with regulatory requirements.

To learn more about the LYB full portfolio of circular and low carbon solutions, visit www.lyb.com/circulen.

About LyondellBasell

We are LyondellBasell (NYSE: LYB) ― a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world's largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.

Circulen is a trademark owned or used by the LyondellBasell family of companies.

FORWARD-LOOKING STATEMENTS
The statements in this release relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon assumptions of management of LyondellBasell which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual results could differ materially based on factors including, but not limited to, market conditions, including the prolonged industry downturn, the business cyclicality of the chemical and polymers industries; the availability, cost and price volatility of raw materials and utilities, particularly the cost of oil, natural gas, and associated natural gas liquids; the supply/demand balances for our and our joint ventures’ products; customer and consumer demand for circular products, and regulatory support for such demand; industry production capacities, operating rates, and the pace of global capacity rationalizations; our ability to successfully construct and operate MoReTec-1; technological developments, and our ability to develop new products and process technologies; our ability to meet our sustainability goals, including the ability to operate safely, increase production of recycled and renewable-based polymers to meet our targets and forecasts; our ability to build a profitable Circular & Low Carbon Solutions business. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the “Risk Factors” section of our Form 10-K for the year ended December 31, 2025, which can be found at www.LyondellBasell.com on the Investors page and on the Securities and Exchange Commission’s website at www.sec.gov. There is no assurance that any of the actions, events or results of the forward-looking statements will occur, or if any of them do, what impact they will have on our results of operations or financial condition. Forward-looking statements speak only as of the date they were made and are based on the estimates and opinions of management of LyondellBasell at the time the statements are made. LyondellBasell does not assume any obligation to update forward-looking statements should circumstances or management’s estimates or opinions change, except as required by law.

About Mondelez International

Mondelez International is a global leader in snack foods, committed to sustainable practices and innovation across its diverse portfolio of iconic brands, including Marabou.

About Marabou

Marabou is a renowned brand known for its high-quality confectionery products. This collaboration represents a significant step toward a more sustainable future by integrating environmentally responsible packaging solutions.

MEDIA CONTACT:
Sarah Allen
713-309-7575
[email protected]

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/2e94e5d7-b16e-4857-9096-b2e03d9027e6
https://www.globenewswire.com/NewsRoom/AttachmentNg/14a329d6-fdfd-4b16-b54d-661ea955be8e

Marabou Chocolate Bar Packaging Using LYB CirculenRevive polymers with 100% attributed recycled content via an ISCC PLUS-certified m... Collaborating across the value chain Solutions like the Marabou chocolate bar packaging depend on collaboration across the value chain to...

Investors who put $1,000 into Airbnb (NASDAQ: ABNB) stock at the start of the 2026 FIFA World Cup have already generated a double-digit return.

In this line, a $1,000 investment made on June 11, 2026, when Airbnb shares traded at $130, would now be worth approximately $1,131 based on the stock’s July 6 closing price of $147.65. The investment gained about $131, representing a return of roughly 13.1% in less than a month.

Airbnb one-month stock price chart. Source: Google Finance The strong Airbnb stock performance has coincided with the company’s role as the official alternative accommodations partner for the 2026 FIFA World Cup, which is being hosted across the United States, Canada, and Mexico.

The expanded 48-team tournament has created what Airbnb describes as the largest single-event demand surge in its history. 

The World Cup features 104 matches and is expected to attract millions of fans, with Airbnb projecting more than 380,000 guests will book accommodations through its platform during the tournament, surpassing demand seen during the Paris Olympics.

The tournament has also boosted local economies. In Miami, Airbnb expects about 31,000 guests to generate $384 million in economic output and nearly $20 million in host earnings, while Atlanta could see up to $70 million in economic impact. To meet demand, the company has offered incentives of up to $750 for new hosts.

Alongside its World Cup partnership, Airbnb expanded its platform through its 2026 Summer Release, adding car rentals, airport pickups, grocery delivery, boutique hotels, and enhanced AI-powered tools.

The company has also launched football-themed experiences hosted by former players and introduced select listings across all 16 host cities that include complimentary match tickets, with bookings averaging about $385 per night.

Airbnb stock fundamentals The World Cup boost comes as Airbnb continues to post strong financial results. In the first quarter of 2026, the company reported revenue of $2.68 billion, up 18% year-over-year, while maintaining strong profitability with trailing 12-month earnings per share of about $4.05 and free cash flow margins above 60%.

For the second quarter, Airbnb guided revenue between $3.54 billion and $3.60 billion, representing growth of 14% to 16%, and raised its full-year outlook to low-to-mid-teens expansion.

With earnings due on August 5 and the World Cup entering its final stages, investors will be watching whether tournament-driven demand can support further gains in Airbnb stock.

Lower mortgage costs and sales jump offer hope, even as inventory growth hits a three-year low

Home sales jumped 5.9% from last year, according to Zillow's June Market Report, reversing May's decline. New listings grew 3% annually after falling in May, though total inventory has nearly stalled after a long run of gains. Listing trends are diverging by price tier, with more inventory and sales for lower-priced homes. Lower mortgage rates helped push the typical monthly payment 2.5% below year-ago levels. , /PRNewswire/ -- Home sales jumped in June and mortgage costs fell further below last year's levels, offering some hope for a mild sales recovery this year, according to the Zillow® June Market Report.

Sales climbed 9.2% from May and are now 5.9% above year-ago levels, a trend reversal after sales fell on an annual basis in May. Affordability continued to improve, as well, with the cost of a typical mortgage down 2.5% from last year, before taxes and insurance. Mortgage rates are driving the improvement, down more than 20 basis points since last year, according to Freddie Mac. The typical U.S. home value of $372,057 is up just 1.1% from a year ago.

In another reversal from May, new listings rose 3% year over year, a sign that there may yet be some life left in this year's home shopping season. Total inventory rose again on a year-over-year basis, extending a long streak of gains. But the gain was just 0.9%, the smallest since December 2023.

"The market wrestled with some uncertainty throughout the spring shopping season, but mortgage rates declining from their mid-spring peak has added some extra heat as we head into an already toasty summer," said Mischa Fisher, chief economist at Zillow. "While the lowest price tiers are exhibiting some softness in terms of price, they also had the most listing-activity growth, the first time since 2022 that's been the case. While the divergence in sale price is notably 'k-shaped,' affordability gains did continue in June."

Home Values & Mortgage Payments

The typical U.S. home value is $372,057. The Zillow Home Value Index (ZHVI) rose 0.7% month over month in June. Home values are 1.1% higher than a year earlier. The monthly mortgage payment on a typical U.S. home is $1,884, assuming a 20% down payment and excluding taxes and insurance. That is 2.5% lower than last year. Inventory

There were 1.39 million homes for sale nationwide in June. Active inventory was 0.9% higher than a year earlier. Inventory rose 2% from May. New for-sale listings totaled 403,811 in June, up 3% from a year earlier and down 4.6% from May. Sales

381,125 homes were sold in June, according to the preliminary Zillow sales count nowcast. That is 5.9% higher than a year earlier and up 9.2% from May. These figures will be revised mid-month. Newly pending listings, which measures listings that changed from for-sale to pending status rather than closed sales, shows 7.6% growth from a year earlier and a 1.5% decrease from May. Competition

Homes took a median of 20 days to go pending in June. That was the same as a year earlier and two days slower than in May. The share of listings with a price cut in June was 25.8%. That was down from 26.6% a year earlier and up from 23.9% in May. 30.3% of homes sold above list price in May, the most recent data available. That's compared to 31.1% a year earlier and 28.3% in April. Rents

The typical rent nationwide is $1,965, according to the Zillow Observed Rent Index. That's 2.2% higher than a year earlier and up 0.4% from May. 39.7% of rental listings on Zillow offered a concession in June. That's up from 39.5% in May, and up from 35.2% a year earlier. Local data can be found on Zillow's market explorer. The Zillow July Market Report is expected to be released August 5.

Zillow June Market Report

Metro Area

Typical
Home
Value

Home
Value
Change:
MoM

Home
Value
Change:
YoY

Inventory
Change:
YoY

Sales
Count
Nowcast
Change:
YoY

Typical
Rent
(ZORI)

Rent
Change:
MoM

Rent
Change:
YoY

United States

$372,057

0.7 %

1.1 %

0.9 %

5.9 %

$1,965

0.4 %

2.2 %

New York, NY

$736,042

1 %

4.4 %

1.6 %

-4.3 %

$3,573

0.9 %

4.5 %

Los Angeles, CA

$965,867

0.2 %

0.6 %

-2 %

6.6 %

$2,927

0.2 %

1.5 %

Chicago, IL

$359,897

1.3 %

4.8 %

0.6 %

8.5 %

$2,275

0.7 %

5.2 %

Dallas, TX

$365,048

0.3 %

-2.5 %

-6.4 %

9.4 %

$1,673

0.2 %

0 %

Houston, TX

$307,273

0.2 %

-2 %

3.5 %

6 %

$1,648

0.3 %

-0.1 %

Washington, DC

$584,571

0.5 %

0.1 %

6.9 %

5.8 %

$2,448

0.2 %

0.1 %

Philadelphia, PA

$394,620

1.1 %

2.6 %

8.6 %

-0.6 %

$1,928

0.5 %

3.6 %

Miami, FL

$476,638

0.4 %

-1.2 %

-14 %

17.9 %

$2,695

0.1 %

1.2 %

Atlanta, GA

$381,729

0.3 %

-1.7 %

-0.9 %

-0.4 %

$1,854

0.6 %

1.9 %

Boston, MA

$744,972

0.9 %

2 %

12.2 %

8.7 %

$3,210

0.2 %

2.6 %

Phoenix, AZ

$445,343

0 %

-1.5 %

-3.4 %

8.9 %

$1,733

0.1 %

0 %

San Francisco, CA

$1,144,062

0.4 %

1.4 %

-15.3 %

10.9 %

$3,301

1.7 %

8.2 %

Riverside, CA

$584,574

0.1 %

-0.5 %

-7.5 %

7 %

$2,539

0.3 %

2.3 %

Detroit, MI

$270,689

1.1 %

2.4 %

9.2 %

0.6 %

$1,518

0.5 %

3.2 %

Seattle, WA

$742,220

0 %

-1.7 %

14 %

-1.1 %

$2,269

0.7 %

1.4 %

Minneapolis, MN

$394,234

0.8 %

2 %

15.9 %

7.9 %

$1,727

0.5 %

3.4 %

San Diego, CA

$940,304

0.3 %

0.1 %

-5.7 %

12.5 %

$2,991

0.4 %

1.7 %

Tampa, FL

$359,973

0.3 %

-2.1 %

-9.2 %

3.3 %

$2,020

0.1 %

-0.7 %

Denver, CO

$571,808

0.3 %

-2.1 %

-7 %

8.1 %

$1,930

0.6 %

-1.3 %

Baltimore, MD

$406,745

0.6 %

0.8 %

9.5 %

6.1 %

$1,936

0.3 %

2.2 %

St. Louis, MO

$280,017

1.2 %

3.4 %

7.3 %

5.6 %

$1,459

0.5 %

4 %

Orlando, FL

$385,766

0.1 %

-2.3 %

-5.1 %

14.3 %

$1,972

0.4 %

0.7 %

Charlotte, NC

$389,125

0.3 %

-0.4 %

8.8 %

-0.4 %

$1,750

0.3 %

0.5 %

San Antonio, TX

$278,941

0.1 %

-1.8 %

3.4 %

14 %

$1,416

-0.1 %

-1.8 %

Portland, OR

$551,911

0.5 %

-0.5 %

0.3 %

9.1 %

$1,805

0.4 %

0.4 %

Sacramento, CA

$582,799

0.4 %

-0.7 %

-7 %

15 %

$2,308

0.5 %

2 %

Pittsburgh, PA

$234,727

1.3 %

0.5 %

10.6 %

2.1 %

$1,523

0.4 %

3.6 %

Cincinnati, OH

$312,453

0.9 %

2.5 %

10.7 %

4 %

$1,583

0.1 %

2.8 %

Austin, TX

$424,110

0.1 %

-5.2 %

-7.1 %

16.3 %

$1,653

0.5 %

-1.7 %

Las Vegas, NV

$427,825

-0.1 %

-3.1 %

0.2 %

10.9 %

$1,748

0.3 %

0.3 %

Kansas City, MO

$331,552

1 %

3.8 %

0.3 %

5.5 %

$1,545

0.5 %

3.4 %

Columbus, OH

$334,559

0.9 %

1.4 %

7.5 %

22.1 %

$1,528

0.4 %

1.5 %

Indianapolis, IN

$296,207

0.6 %

1.1 %

11.3 %

14.1 %

$1,558

0.6 %

2.5 %

Cleveland, OH

$254,986

1.4 %

4 %

11.9 %

10.4 %

$1,474

0.4 %

4 %

San Jose, CA

$1,579,943

-0.5 %

-0.9 %

0.4 %

1.9 %

$3,729

1.5 %

6.2 %

Nashville, TN

$456,355

0.4 %

-0.6 %

8.3 %

8.7 %

$1,810

0.6 %

0.4 %

Virginia Beach, VA

$376,903

0.8 %

2.8 %

2.9 %

3.9 %

$1,878

0.5 %

5.5 %

Providence, RI

$531,763

1.2 %

3.6 %

4 %

7.1 %

$2,172

0.4 %

3.5 %

Jacksonville, FL

$352,624

0.4 %

-0.8 %

-14.9 %

2.9 %

$1,708

0.5 %

1.2 %

Milwaukee, WI

$393,554

1.3 %

5.3 %

6.6 %

9.5 %

$1,552

0.5 %

4.2 %

Oklahoma City, OK

$247,292

0.5 %

1 %

6.4 %

9.5 %

$1,393

0.3 %

2.8 %

Raleigh, NC

$436,249

0.2 %

-1.9 %

11 %

17 %

$1,689

0.3 %

0.3 %

Memphis, TN

$246,954

0.4 %

0.1 %

13.5 %

-7.3 %

$1,435

0.1 %

0.7 %

Richmond, VA

$399,039

0.8 %

2.7 %

4 %

11.6 %

$1,772

0.5 %

3.3 %

Louisville, KY

$283,500

0.7 %

1.5 %

20 %

12.6 %

$1,385

-0.1 %

2.3 %

New Orleans, LA

$264,193

0.6 %

2.5 %

-2.6 %

0.6 %

$1,617

0.3 %

0.8 %

Salt Lake City, UT

$566,343

0.3 %

1.3 %

1.2 %

17.5 %

$1,638

0.4 %

0.6 %

Hartford, CT

$407,270

1.6 %

5.4 %

1.5 %

4.9 %

$2,013

0.4 %

3.1 %

Buffalo, NY

$294,112

1.8 %

4.5 %

18.6 %

-2.9 %

$1,461

0.3 %

3.1 %

Birmingham, AL

$263,437

0.8 %

2.3 %

3 %

2.4 %

$1,462

0.3 %

1.2 %

*Table ordered by market size

Forward-looking statements
This press release includes forward-looking statements about future housing market conditions, mortgage rates, rental trends and other economic factors. These statements are based on current expectations and assumptions, which are subject to change. Actual outcomes may differ materially due to changes in economic and market conditions. Forward-looking statements speak only as of the date of this release, and Zillow Group undertakes no obligation to update them.

About Zillow Group
Zillow Group, Inc. (Nasdaq: Z and ZG) is reimagining real estate to make home a reality for more and more people.

As the most visited real estate app and website in the United States, Zillow connects hundreds of millions of consumers with innovative technology, trusted agents and loan officers, and seamless digital solutions. With industry-leading tools and resources, Zillow supercharges real estate professionals so they can grow their businesses and deliver exceptional client experiences. For renters and housing providers, Zillow offers not only a robust marketplace but a set of end-to-end products and services to streamline applications, leases, payments and more.

Zillow's ecosystem spans the entire home journey — from dreaming and shopping to renting, buying, selling and financing.

Zillow Group's affiliates, subsidiaries and brands include Zillow®, Zillow Premier Agent®, Zillow Home Loans®, Zillow Rentals®, Zillow® New Construction, Trulia®, StreetEasy®, Out East®, HotPads®, Follow Up Boss®, ShowingTime®, dotloop® and Zillow® Closing.

All marks herein are owned by MFTB Holdco, Inc., a Zillow affiliate. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). © 2026 MFTB Holdco, Inc., a Zillow affiliate.

(ZFIN)

SOURCE Zillow

Feasibility studies launched to expand European co-production and accelerate deliveries

, /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, today announced an important step forward in expanding global production capacity for the AMRAAM® missile.

Working in partnership with the U.S. government and multiple NATO nations, Raytheon is conducting a series of feasibility studies to qualify additional suppliers in Europe for priority AMRAAM components. This activity is funded by participating allies and is designed to increase production capacity, accelerate deliveries, enhance supply chain resilience and support the urgent air defense needs of both U.S. and European forces.

"Expanding AMRAAM production capacity is essential to meeting the urgent air defense needs of the United States and our allies," said Michael P. Duffey, U.S. Department of War Under Secretary for Acquisition and Sustainment. "As the world's most advanced air-to-air missile, AMRAAM is central to maintaining our operational edge. This is the kind of practical industrial cooperation that turns Allied commitments into tangible warfighting capability, strengthens burden sharing and ensures the United States and its Allies continue to deliver capability at the speed today's security environment demands."

Additional nations are expected to join this multinational collaboration to expand industrial capacity and meet growing global demand for AMRAAM.  

The combat-proven AMRAAM remains the most capable air-to-air missile system in the world, and a cornerstone of air superiority for more than 40 nations.

"This initiative underscores how industry and governments can work together to strengthen the transatlantic defense industrial base," said Sam Deneke, president of Air & Space Defense Systems at Raytheon. "With allies investing in expanded capacity and the U.S. government supporting the policy framework needed to enable it, we can accelerate delivery of this proven capability to the warfighters who rely on AMRAAM every day."

A signing ceremony recognizing the cooperation between the United States, participating allies and Raytheon occurred today during the NATO Summit. It was attended by senior government officials, including Under Secretary of War for Acquisition and Sustainment, the Honorable Michael Duffey, and international counterparts.

About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact [email protected].

SOURCE RTX

ServiceNow stock is gaining positive traction. What’s pushing NOW stock higher? What Is Driving ServiceNow’s Stock Momentum?The move follows ServiceNow’s rollout with Accenture of two AI-focused offerings: managed security services built on the ServiceNow AI Platform and an Accenture AI-powered automation solution aimed at lowering the cost and complexity of modernizing enterprise risk and security operations. The news flow also includes an upgrade to Buy from Guggenheim, which framed the pullback as a better entry setup.

Critical Price Levels To Watch For NOW StockThe bigger-picture chart is still in repair mode: the stock is down 47.86% over the past 12 months and remains 15.9% below its 200-day SMA ($132.45), which is why rallies can still face "prove it" price action. That said, the near-term trend has improved with shares trading 9.7% above the 20-day SMA ($101.54), 11.2% above the 50-day SMA ($100.25), and 8.3% above the 100-day SMA ($102.88).

Momentum looks like it’s trying to turn the corner using MACD as the cleaner read here: MACD is above its signal line and the histogram is positive, which points to improving upside pressure versus the prior downswing. In plain terms, when MACD is above the signal line, it suggests downside momentum is fading and buyers are gaining traction.

The moving-average structure is mixed, which fits the "bounce vs. trend reversal" debate. The 20-day SMA is above the 50-day SMA (bullish), but the death cross from August 2025 (50-day below 200-day) is still a longer-term headwind until price can reclaim and hold that long average.

Key Resistance: $126.50 — a nearby ceiling that lines up closely with the 200-day EMA ($126.10), a common area where countertrend rallies can stall Key Support: $89.50 — a prior demand zone that sits above the 52-week low area ($81.24), making it a key "last line" if the bounce fails How ServiceNow Operates in the SaaS MarketServiceNow provides software solutions to structure and automate various business processes via a SaaS delivery model, with a core focus on the IT function for enterprise customers. It started in IT service management, expanded across IT workflows, and has pushed workflow automation into customer service, HR service delivery, and security operations.

That backdrop matters for the Accenture tie-up because security operations and risk workflows are areas where large enterprises often want packaged solutions plus implementation help. Partnerships that bundle platform software with services can shorten adoption cycles, but the stock still needs follow-through on monetization to shift the longer-term trend.

ServiceNow Earnings Preview for July 2026Looking further out, the next major catalyst for the stock arrives with the July 22, 2026 (confirmed) earnings report.

EPS Estimate: 76 cents (Down from 82 cents YoY) Revenue Estimate: $3.93 Billion (Up from $3.21 Billion YoY) Valuation: P/E of 64.2x (Indicates premium valuation relative to peers) Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price target of $138.21. Recent analyst moves include:

Guggenheim: Upgraded to Buy (Target $125.00) (July 1) BTIG: Buy (Maintains Target $150.00) (June 29) Benchmark: Buy (Raises Target $130.00) (June 15) ServiceNow’s Benzinga Edge Scorecard BreakdownBelow is the Benzinga Edge scorecard for ServiceNow, highlighting its strengths and weaknesses compared to the broader market:

The Verdict: ServiceNow’s Benzinga Edge signal reveals a growth-heavy profile with weak value and weak momentum, meaning the setup can work, but it tends to need sustained upside follow-through to justify the premium. For longer-term bulls, reclaiming the 200-day area is the cleaner "trend repair" tell; for risk control, the $89.50 zone is the key downside level to monitor.

ServiceNow Stock Price Movement NOW Stock Price Activity: ServiceNow shares were up 3.40% at $111.60 at the time of publication on Tuesday, according to Benzinga Pro data.

Image: Shutterstock

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

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Transaction Gives CuriosityStream Control of Its Top Non-English-Speaking Market, Creating New Opportunities for Growth, Operational Efficiency and Revenue Expansion

SILVER SPRING, MD / ACCESS Newswire / July 7, 2026 / CuriosityStream Inc. (Nasdaq:CURI), the global factual media and entertainment company, today announced that it has completed the acquisition of the remaining ownership interests in its German operations from its longtime partners, SPIEGEL TV and Autentic. The transaction gives CuriosityStream sole ownership of one of its most important international markets and marks the next phase of the company's global growth strategy.

The acquisition follows a successful partnership established in 2021, when CuriosityStream joined forces with SPIEGEL TV and Autentic to expand the Curiosity brand across Germany, Austria and Switzerland through a joint venture focused on premium factual programming. Saevar Lemke will continue to lead the German operations as General Manager, providing continuity for employees, partners and customers while overseeing the next chapter of growth.

"We are grateful to our longtime partners, SPIEGEL TV and Autentic, for helping establish a world-class factual media platform in Germany," said Clint Stinchcomb, President and CEO of CuriosityStream. "Together, we built a strong foundation in one of the world's most sophisticated markets for documentary and factual programming. We look forward to building on that success as we integrate our German operations more fully into CuriosityStream's global organization."

Germany has long been the company's largest and most important non-English-speaking market, with audiences demonstrating a deep appreciation for premium factual storytelling. The transaction enables CuriosityStream to accelerate growth by aligning its German market presence with the company's global strategy while unlocking new operational and commercial opportunities.

CuriosityStream will seamlessly continue to operate and distribute the following German portfolio:

Curiosity Stream, a German-language subscription streaming service, available direct to consumer as well as through channels stores for Amazon Germany and O2;

Curiosity Channel, a premium pay television network carried by 11 affiliate partners in Germany, Austria and Switzerland;

SPIEGEL Geschichte, one of Germany's leading history-focused pay television channels; And

Curiosity Now, a FAST channel serving German-speaking audiences and carried across 15 platforms.

With complete ownership, CuriosityStream expects to streamline operations, further integrate its German assets across the broader organization, and leverage the company's global technology, content, advertising, distribution and AI licensing capabilities to create additional revenue opportunities.

"As a focused, publicly traded global media company, CuriosityStream has the ability to move quickly, make decisions efficiently and capitalize on emerging opportunities," Stinchcomb added. "Full ownership allows us to bring those advantages directly to our German operations, creating a more integrated platform, expanding monetization opportunities, and positioning our German presence for long-term growth."

The acquisition further advances CuriosityStream's strategy of expanding its international media footprint while strengthening its portfolio of owned and operated distribution assets. It also creates additional opportunities to monetize the company's premium factual content library across subscription, linear television, FAST, traditional licensing and AI training partnerships.

About CuriosityStream, Inc.

CuriosityStream Inc. (Nasdaq:CURI) is the entertainment brand for people who want to know more. The global media company is home to award-winning original and curated factual films, shows, and series covering science, nature, history, technology, society, and lifestyle. CuriosityStream is also a leading provider of AI model training datasets, leveraging one of the world's largest and most valuable rights-cleared media corpora. The company's portfolio spans millions of hours of premium video and audio, 850 billion tokens of production-grade code rich with developer context, and dozens of bespoke datasets created with proprietary content intelligence tools. CuriosityStream's data licensing partnerships enable leading technology companies to train and fine-tune generative, agentic, and physical AI systems that will power the next era of infrastructure and enterprise capabilities.

CuriosityStream also reaches millions of subscribers worldwide, operating the flagship Curiosity Stream SVOD service; Curiosity Channel, the linear television channel available via global distribution partners; Curiosity University, featuring talks from the best professors at the world's most renowned universities as well as courses, short and long-form videos, and podcasts; Curiosity Now, Curiosity History, Curiosity Animals, Curiosity Explora, and other free, ad-supported channels; Curiosity Audio Network, with original content and podcasts; and Curiosity Studios, which oversees original programming. For more information, visit CuriosityStream.com.

Media Contact:

Vanessa Gillon
[email protected]

SOURCE: CuriosityStream

July 07, 2026 09:00 ET  | Source: Wix.com, Ltd.

New York – Wix (Nasdaq: WIX) and Elavon, a wholly owned subsidiary of U.S. Bank (NYSE: USB) and one of the world’s largest payment processors with nearly nine billion transactions annually, today announced a partnership. This will expand Elavon Business Solutions (EBS) with new unified commerce offerings designed to streamline online and in-person sales, bookings, inventory, Elavon payments, real-time analytics and more to help businesses launch, grow and scale their online and in-person operations with greater flexibility.

Building on the recent introduction of EBS, the partnership with Wix enhances the platform by combining Elavon’s purpose-built small business payments and software capabilities with Wix’s leading website creation and unified commerce technology. Together, the companies are delivering a more complete, unified commerce experience tailored to the evolving needs of small businesses.

EBS brings payments and vertical specific software into a single platform, enabling business owners to manage operations across channels while reducing complexity and improving visibility. Through its integration with Wix, businesses can seamlessly establish a digital presence and connect online and in-person sales in one cohesive system. 

“At Elavon, our commitment is to help small businesses succeed—no matter where they are in their journey,” said Pari Sawant, global chief product officer at Elavon. “Elavon Business Solutions reflects that commitment by giving businesses the flexibility to start quickly, operate efficiently and scale with confidence. Through our partnership with Wix, we’re delivering a unified platform that brings together payments, digital capabilities and human support—so business owners can focus on growth, not complexity.”

The tiered structure of Wix and EBS is designed to meet businesses wherever they are, offering packages aligned to their stage, complexity and growth ambitions:

Launch — Simple, streamlined tools to help new businesses quickly establish a digital presence, accept payments and begin selling across multiple channels, i.e. in-person, online, on-the-goGrow — Expanded capabilities to help businesses manage operations more efficiently, with enhanced reporting, inventory and customer engagement toolsScale — Advanced, customizable solutions for more complex businesses looking to optimize performance, expand reach and support higher transaction volumes Each tier is backed by Elavon’s global payments infrastructure and integrated with Wix’s online commerce capabilities, enabling businesses to operate seamlessly across channels without switching platforms as they grow. 

“Wix is focused on making advanced digital tools simple and accessible for every business,” said Anthony Scaglione, EVP of global sales at Wix. “Together with Elavon, we’re delivering a seamless, tiered platform that brings commerce, payments and digital presence into one solution—helping small businesses choose what’s right for them today and scale for what’s next.”

For more information about Elavon Business Solutions, visit elavon.com.

About Wix.com Ltd.
Wix’s vision is to simplify complex technologies and deliver the best tools for every type of user and business to create online. Powered by advanced AI and enterprise-grade infrastructure, Wix is trusted by millions of users worldwide. Founded in 2006 and strengthened by the acquisition in 2025 of Base44, the no-code application platform, Wix is continuing to build for the future of the internet.

For more about Wix, please visit our Press Room.
Media Relations Contact:  [email protected]  

About Elavon
Elavon, a wholly owned subsidiary of U.S. Bank, provides end-to-end payment processing solutions and services to more than 1.3 million customers across the United States, Europe and Canada.

Wix and Elavon Launch Unified Commerce Solutions to Help Small Businesses Start, Grow and Scale

Wix and Elavon Launch Unified Commerce Solutions to Help Small Businesses Start, Grow and Scale Wix and Elavon, a wholly owned subsidiary of U.S. Bank and one of the world’s largest payment proces...

July 07, 2026 09:15 ET  | Source: XWELL, Inc.

Transformative transaction intended to maximize stockholder valueRepositions the Company to pursue a new strategic direction in the national security sector Strengthens the Company’s ability to deploy capital toward growth initiatives NEW YORK, July 07, 2026 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL) (“XWELL” or the “Company”), a provider of wellness and biosecurity solutions, and Face Haus, LLC (“Face Haus”), a leading skincare service and product business, today announced that the Company has entered into a definitive agreement with an affiliate of Face Haus, Express Wellness Group, LLC, under which XWELL will divest its XpresSpa Holdings, LLC and XpresTest, Inc. businesses for $13 million, subject to certain closing adjustments.

The divestiture is intended to maximize value for XWELL’s stockholders and help facilitate a transformative strategic restructuring of XWELL. As the Company seeks to pursue a new direction in the national security sector, proceeds from the divestiture are expected to strengthen the Company’s ability to deploy capital toward growth initiatives and support the Company’s long-term success.

XWELL’s health and wellness operations at retail locations outside of airports are not included in the divestiture. In conjunction with the transaction, XWELL will continue its efforts to streamline operations, reduce operating expenses, and allocate capital toward initiatives aligned with its evolving business strategy.

Bruce Bernstein, Chairman of the Board of the Company, stated, “This transaction represents an important milestone in the Company’s strategic evolution. By simplifying our portfolio and strengthening our balance sheet, we believe XWELL will be better positioned to pivot and pursue opportunities in the national security sector while maintaining financial discipline and creating long-term value for our stockholders.”

The transaction, which is expected to close later in 2026, is subject to XWELL stockholder approval and the satisfaction of other closing conditions.

About XWELL, Inc.  

XWELL, Inc. (Nasdaq: XWEL) is a global wellness company on a mission to liberate science-proven wellness for all. Through a portfolio of brands that include XpresSpa®, Naples Wax Center®, and XpresCheck®, XWELL delivers accessible, real-world wellness across travel, retail, and clinical settings. For more information on XWELL’s offerings, visit www.XWELL.com.

About Face Haus

Face Haus is a leading and innovative skincare service company that operates retail locations in Texas and California and provides wellness offerings in several airport lounges across the U.S. The company also distributes and sells a full assortment of high quality skincare products under the Face Haus brand. For more information on Face Haus, visit www.thefacehaus.com.

Participants in the Solicitation

The Company and its directors and executive officers, and other members of management and employees, may be deemed to be participants in the solicitation of proxies from the Company’s stockholders in connection with the proposed transaction. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation, and a description of their direct and indirect interests, by security holdings or otherwise, will be set forth in the proxy statement and other relevant materials to be filed with the SEC when they become available.

Additional Information and Where to Find It

This communication is being made in connection with the proposed transaction. In connection with the proposed transaction, the Company intends to file relevant materials with the Securities and Exchange Commission (the “SEC”), including a proxy statement. This communication is not a substitute for the proxy statement or any other document that the Company may file with the SEC. STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT AND ALL OTHER RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Stockholders will be able to obtain the proxy statement and other documents (when available) free of charge at the SEC’s website, www.sec.gov, or free of charge from the Company at www.XWELL.com.

Forward-Looking Statements

This press release may contain “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These include statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” or the negative of such terms, or other comparable terminology. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: (i) the receipt of third-party approvals and the satisfaction of other closing conditions in the anticipated timeframe or at all, including the possibility that the proposed transaction does not close; (ii) risks related to the ability to realize the anticipated strategic, financial or other benefits of the proposed transaction, including the possibility that unforeseen liabilities, future capital expenditures, revenues, expenses, earnings, synergies, economic performance, indebtedness, financial condition, losses, future prospects, business and management strategies could impact the value, timing or advisability of the proposed transaction; and (iii) impacts to business operations of the separation of business lines in scope for the divestiture. Forward-looking statements relating to expectations about future results or events are based upon information available to XWELL as of the date of this press release, and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. Additional information concerning these and other risks is contained in the Company’s Annual Report on Form 10-K, as amended, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and other Securities and Exchange Commission filings. All subsequent written and oral forward-looking statements concerning XWELL, or other matters and attributable to XWELL or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. XWELL does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof.

Media Contact:

[email protected]

First Horizon Corporation (NYSE:FHN) will release its second quarter earnings report before the opening bell on Wednesday, July 15.

Analysts expect the Memphis, Tennessee-based company to report quarterly earnings of 53 cents per share, up from 45 cents per share in the year-ago period. The consensus estimate for First Horizon’s quarterly revenue is $881.11 million. It reported $833 million last year, according to Benzinga Pro.

On July 1, First Horizon Bank named Jason Triplett as Western North Carolina Area President for the Mid-Atlantic Region.

First Horizon shares rose 0.7% to close at $25.85 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

Considering buying FHN stock? Here’s what analysts think:

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SCOTTSDALE, Ariz., July 07, 2026 (GLOBE NEWSWIRE) -- onsemi (Nasdaq: ON) today announced it has entered into definitive agreements to divest two manufacturing facilities. These planned divestitures are part of onsemi’s ongoing initiative to improve companywide manufacturing cost structure to drive sustained gross margin expansion as part of its Fab Right strategy.

onsemi’s Fab Right manufacturing strategy focuses on continuous optimization of manufacturing footprint and directs resources to the most competitive, scalable and technology-aligned operations across its global manufacturing footprint. This approach is designed to improve the company’s long-term cost structure and strengthen overall competitiveness by enabling a highly efficient manufacturing network.

Tarlac, Philippines
onsemi has entered into an agreement with Greatek Electronics Inc., a Taiwan-based semiconductor company specializing in integrated circuit packaging and testing services. The transaction is expected to close within the next three to six months, subject to customary closing conditions and regulatory approvals.

The Tarlac site will continue operating as part of onsemi’s manufacturing network throughout the transition period. The companies have established a long-term supply agreement to support ongoing production and ensure continuity for customer commitments following the close of the transaction.

Mountain Top, Pennsylvania
onsemi has also entered into an agreement with Silex Microsystems, a Sweden-based semiconductor company. The transaction is expected to close in January 2028, subject to customary closing conditions and regulatory approvals.

The extended transition period is intended to allow onsemi to continue an orderly transfer of the products currently manufactured at the site to other facilities within its network, ensuring continuity for customers and a structured migration of technologies.

These actions are expected to result in cost savings of approximately $35 million per year, with initial savings starting in 2027 and the full savings realized in 2028. This represents an important step in shaping a more focused and efficient manufacturing network. By aligning its footprint to long-term strategic priorities, onsemi is strengthening its ability to deliver sustained value to customers and stakeholders.

About onsemi 

onsemi (Nasdaq: ON) delivers intelligent power and sensing technologies that enable electrification, energy efficiency, safety, and automation across automotive, industrial, and AI data center end-markets. With a highly differentiated and innovative product portfolio, onsemi helps customers solve complex challenges to achieve higher efficiency, improved performance, and lower system cost, while supporting a safer, cleaner, and more energy‑efficient world. The company is part of the S&P 500® index. Learn more at www.onsemi.com.

onsemi and the onsemi logo are trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders.  

Caution Regarding Forward-Looking Statements:

This press release includes “forward-looking statements,” as that term is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included or incorporated in this press release could be deemed forward-looking statements, particularly statements about the proposed divestitures, their impact on onsemi’s manufacturing cost structure and, more broadly, the impact of onsemi’s Fab Right strategy on its operating results and financial condition. Forward-looking statements are often characterized by the use of words such as “believes,” “estimates,” “expects,” “projects,” “may,” “will,” “intends,” “plans,” “anticipates,” “targets,” “should,” “would” or similar expressions or by discussions of strategy, plans, expectations, projections or intentions. All forward-looking statements in this document are made based on onsemi’s current expectations, forecasts, estimates and assumptions and involve risks, uncertainties and other factors that could cause results or events to differ materially from those expressed in the forward-looking statements. Certain factors that could affect onsemi’s future results or events are described under Part I, Item 1A “Risk Factors” in the 2025 Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on February 9, 2026 and from time to time in onsemi’s other SEC reports. Readers are cautioned not to place undue reliance on forward-looking statements. onsemi assumes no obligation to update such information, which speaks only as of the date made, except as may be required by law.

Contacts: 

Krystal Heaton
Director, Head of Public Relations
onsemi
(480) 242-6943
[email protected] 

Parag Agarwal
Vice President, Investor Relations & Corporate Development
onsemi
(602) 244-3437
[email protected]

New capabilities unify Certara's biosimulation software, products, datasets, and scientific expertise with AI-driven agents to deliver specialized insights for life sciences July 07, 2026 08:00 ET  | Source: Certara

RADNOR, Pa., July 07, 2026 (GLOBE NEWSWIRE) -- Certara, Inc. (Nasdaq: CERT), a global leader in model-informed drug development, is partnering with NVIDIA to advance Certara's open integrated AI platform, unifying its scientific software, regulatory expertise, and proprietary datasets with AI-first, agentic frameworks.

The NVIDIA BioNeMo Agent Toolkit turns any AI agent into an autonomous life sciences scientist, providing access to NVIDIA’s full life science stack. Within Certara's platform, BioNeMo Agent Toolkit serves as one of several agentic frameworks available to clients, working alongside Certara's biosimulation models, regulatory expertise, and scientific teams to accelerate insight generation.

“Agentic AI combined with Certara's world-class scientists, validated models, and data keeps the scientist in the loop while delivering the speed, scale, and reproducibility our clients need to generate integrated evidence for regulators,” said Jon Resnick, Chief Executive Officer. “Our collaboration with NVIDIA intends to bring frontier AI to life sciences responsibly, at scale, and with the scientific rigor the industry demands.”

Specialized AI agents will reason over Certara's scientific models, data, and domain expertise to produce insights across the full development continuum — optimizing a dosing strategy with systems pharmacology models, interrogating a clinical dataset, simulating patient and trial scenarios, evaluating ADMET properties, assembling regulatory-ready evidence, and exploring early discovery hypotheses. Agentic AI augments biosimulation experts and scientific teams, delivering faster access to insights while keeping scientists at the center of decision-making.

“We believe it will become increasingly possible to computationally simulate human biology in ways that will transform the discovery and development of new medicines,” said Chris Bouton, Chief Technology Officer, Chief AI Officer. “Our collaboration with NVIDIA and addition of the BioNeMo Agent Toolkit to the integrated platform helps accelerate that vision.”

About Certara

Certara transforms drug discovery and development for good, helping scientists and clinical teams generate regulatory-grade evidence faster. Its solutions combine biosimulation, clinical intelligence, and regulatory science, and are embedded in the workflows of drug developers worldwide. Certara clients include more than 2,600 biopharmaceutical companies, academic institutions, and global regulatory agencies. Learn more at certara.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding Certara’s integrated platform, the collaboration with NVIDIA, the integration of NVIDIA BioNeMo Agent Toolkit, and the anticipated benefits, capabilities, availability, and impact of these technologies. These statements are based on management’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Certara undertakes no obligation to update any forward-looking statement except as required by law.

Investor Relations Contact:
David Deuchler
Gilmartin Group
[email protected]

Media Contact:
Sheila Rocchio
[email protected]

The Social 50 Income ETF combines exposure to stocks widely held in SoFi member-driven accounts, with an active options strategy that seeks monthly income and long-term growth

SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), the everything app for digital financial services, today announced the availability of a new exchange-traded fund (ETF), the SoFi Social 50 Income ETF (NYSE Arca: SFYI). SFYI invests in the top 50 U.S.-listed stocks held by SoFi Invest self-directed brokerage accounts and adds an actively managed options strategy designed to pursue monthly income distributions and growth potential.

Many investors use options strategies, like covered calls, as part of an income-oriented investment approach. But putting those strategies into practice can require a significant upfront investment, ongoing risk management, and time to execute.

SFYI offers a simpler way to access potential income by combining a professionally managed options strategy with a diversified portfolio of stocks held in SoFi Invest self-directed brokerage accounts. Through a single ETF, investors can gain exposure to an options-based income strategy without having to build and manage covered call positions on their own.

“Income-seeking investors are being challenged to rethink their traditional playbook amid an uncertain interest rate environment and economic volatility – but they may not know where to start,” said Brian Walsh, Head of Advice and Planning at SoFi. “With SFYI, we are providing investors with another way to pursue their objectives. By combining the most-widely held stocks by members of the SoFi Active Invest community with a strategy that seeks monthly income and potential growth, SFYI helps simplify options-based strategies by offering exposure through a single ETF.”

SFYI offers a simpler path to options-based income with strategies such as covered calls and call spreads. By embedding these tools directly into the fund, investors receive:

Lower Capital Barriers: Covered call strategies typically require owning at least 100 shares of a stock. SFYI provides access to an options-based income strategy through a single ETF. Active Management: The fund is actively managed by professional portfolio managers, removing the need for investors to manually execute and manage options trades. Convenient ETF Structure: SFYI provides an efficient way for investors to access complex options strategies rather than executing them independently. Greater Diversification: Rather than concentrating on a single company stock, the fund's options strategy is applied across a broad portfolio of some of the most widely-held stocks, offering a more diversified approach to income investing. SFYI builds upon SoFi’s existing ETF, the SoFi Social 50 ETF (NYSE Arca: SFYF), which invests in the top 50 stocks most widely held by members of the SoFi Active Invest community, and adds an income-generating options strategy. Current holdings for SFYF, though subject to change, include names such as Tesla, NVIDIA, and Amazon. Stocks are rebalanced monthly and weighted according to how much money members have invested in each company at the end of every month.

SFYI is a series of Tidal Trust I. Tidal Investments LLC, a Tidal Financial Group company, is the Investment Adviser to SFYI with a gross expense ratio of 0.73%. SoFi serves as brand sponsor and marketing support provider, but does not make investment decisions, provide investment advice, or otherwise act as investment adviser. SFYI is listed on NYSE Arca and can be purchased through SoFi Invest and other brokerage platforms like other ETFs available in the secondary market.

In addition to SFYI and SFYF, other SoFi-sponsored ETFs are advised by Tidal Investments LLC:

SoFi Agentic AI ETF (AGIQ) – invests in U.S. companies driving the next wave of artificial intelligence SoFi Select 500 (SFY) – composed of the 500 largest publicly traded U.S. companies, weighted using a proprietary growth factor SoFi Enhanced Yield ETF (THTA) – combines U.S. Treasuries and options-trading to pursue monthly income For more information on SFYI, please visit: sofi.com/invest/etfs/sfyi/.

About SoFi

SoFi Technologies (NASDAQ: SOFI) is the everything app for digital financial services on a mission to help people achieve financial independence to realize their ambitions. 14.7 million members trust SoFi to borrow, save, spend, invest, and protect their money and buy, sell and hold their crypto – all in one app – and get access to financial planners, exclusive experiences, and a thriving community. Fintechs, financial institutions, and brands use SoFi’s technology platform Galileo to build and manage innovative financial solutions across 133 million global accounts. For more information, visit www.sofi.com or download our iOS and Android apps.

About Tidal

Tidal Investments LLC, a Tidal Financial Group company, serves as investment adviser to the Fund.

Disclosures

Investing involves risk, including possible loss of principal. SFYI’s investment objective, strategy, distribution target, and references to monthly income, long-term capital appreciation, growth potential, or options-based income are not guarantees of future results. There is no guarantee that SFYI will achieve its investment objective or make distributions in any given month. Distributions, if any, may vary and may include return of capital. Options strategies involve risks different from ordinary portfolio securities transactions and may limit gains or result in losses. Review the Characteristics and Risks of Standardized Options.

SoFi Invest is a trade name used by SoFi Wealth LLC and SoFi Securities LLC when offering investment products and services. Robo investing and advisory services are provided by SoFi Wealth LLC, an SEC-registered investment adviser. Brokerage and self-directed investing products offered through SoFi Securities LLC, Member FINRA/SIPC. Neither SoFi Securities LLC nor SoFi Wealth LLC are the issuer, investment adviser, distributor, or underwriter of SFYI and do not sponsor SFYI in their broker-dealer or investment adviser capacities, respectively. This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy shares of SFYI or any other security through SoFi Securities LLC or any other broker-dealer.

For disclosures on SoFi Invest platforms visit SoFi.com/legal. For a full listing of the fees associated with SoFi Invest please view our fee schedule.

Before investing in Exchange Traded Funds (ETFs), always read the fund's prospectus. It contains important information about the fund’s objectives, risks, and fees. You can get a prospectus from the fund company’s website or by emailing our customer service at [email protected].

Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes.

NAV Decline Risk Due to Distributions. When the Fund makes a distribution, the Fund’s NAV will typically drop by the amount of the distribution on the related ex-dividend date.

Concentration Risk. The Fund’s investments will be concentrated in an industry or group of industries to the extent SFYF is so concentrated.

High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.

New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

Non-Diversification Risk. The Fund is classified as “non-diversified,” which means the Fund may invest a larger percentage of its assets in the securities of a smaller number of issuers than a diversified fund.

If you purchase investment funds, including Exchange Traded Funds (ETFs), through SoFi Invest, either on your own or with automated investing, the funds have their own management fees. These fees are paid by the fund itself, not directly by you and can reduce the fund's returns. More detailed information about a fund's fees can be found in its prospectus.

SoFi Invest does not receive sales commissions or other fees from the ETFs it invests in on your behalf, but could earn management fees if SoFi Invest creates its own fund(s).

SoFi may waive or change its fees at any time. The most current fee schedule is available in your Account Documents within the SoFi app or online account.

Distributed by Foreside Fund Services, LLC. Foreside is not affiliated with SoFi or Tidal.

Availability of Other Information About SoFi

Investors and others should note that we communicate with our investors and the public using our website (https://www.sofi.com), the investor relations website (https://investors.sofi.com), and on social media (X and LinkedIn), including but not limited to investor presentations and investor fact sheets, Securities and Exchange Commission filings, press releases, public conference calls and webcasts. The information that SoFi posts on these channels and websites could be deemed to be material information. As a result, SoFi encourages investors, the media, and others interested in SoFi to review the information that is posted on these channels, including the investor relations website, on a regular basis. This list of channels may be updated from time to time on SoFi’s investor relations website and may include additional social media channels. The contents of SoFi’s website or these channels, or any other website that may be accessed from its website or these channels, shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

©2026 SoFi Technologies, Inc. All rights reserved.

SOFI-F

June 2026 ADV reaches $357 billion;
DLR market data now available to Bloomberg Terminal subscribers

, /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), global Fintech leader, today announced that its Distributed Ledger Repo (DLR) processed an average of $357 billion in daily repo transactions during June, with volumes totaling $7.5 trillion. The daily average is a 68% increase year-over-year, reflecting the continued evolution of tokenized market infrastructure and the expanding role of distributed ledger technology in modernizing funding and collateral markets.

"With DLR, we're seeing tokenized finance move into a new phase of maturity," said Horacio Barakat, Global Head of Digital Innovation at Broadridge. "Institutions are moving beyond evaluating distributed ledger technology. They're incorporating it into their day-to-day market activity. That shift reflects growing confidence that tokenized settlement can support the scale, resiliency and performance required by today's capital markets."

DLR enables firms to settle repo transactions using distributed ledger technology while operating within existing trading and post-trade workflows. By facilitating the efficient movement of tokenized securities, the platform helps firms improve capital utilization, increase funding flexibility and streamline collateral management while integrating seamlessly into established market infrastructure.

Building on DLR's continued growth, Broadridge is now making aggregated market data from DLR available to Bloomberg Terminal subscribers through a collaboration with Kaiko. The offering provides access to DLR repo par value, turnover and trade count alongside existing fixed income data, giving subscribers greater visibility into institutional onchain repo activity through one of the financial industry's most widely used market data platforms.

DLR is a cornerstone of Broadridge's broader tokenization strategy, supporting the issuance, trading, financing, settlement and servicing of tokenized securities across multiple asset classes. As part of its recently announced integrated infrastructure for tokenized securities, Broadridge continues to expand DLR's capabilities while helping financial institutions operate seamlessly across traditional and tokenized markets. To learn more about DLR, the world's largest institutional platform for settling tokenized real assets, visit Broadridge's DLR.

About Broadridge's Tokenization Solutions

Broadridge enables on-chain proxy voting and governance, digital asset infrastructure including post trade, wallets and custody, and the scaling of digital asset capabilities across multiple asset classes. Through these innovations, Broadridge is helping financial institutions unlock the next era of digital assets investing.

Broadridge's Distributed Ledger Repo (DLR) solution is the world's largest institutional platform for settling tokenized real assets, tokenizing $357 billion a day. As tokenization gains momentum across financial services, Broadridge is meeting the complexity of operating across traditional and digital ecosystems with established scale, critical market knowledge, and technological expertise.

About Broadridge

Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries.

For more information about us, please visit www.broadridge.com 

Broadridge Contacts:

Investors:
[email protected]           

Media:
[email protected]

SOURCE Broadridge Financial Solutions, Inc.

Item 1 of 5 A GlobalEye aircraft, manufactured by Saab Technologies, on static design during the fifth day of Dubai Air Show in Dubai, United Arab Emirates November 21, 2019. REUTERS/Christopher Pike/File Photo

[1/5]A GlobalEye aircraft, manufactured by Saab Technologies, on static design during the fifth day of Dubai Air Show in Dubai, United Arab Emirates November 21, 2019. REUTERS/Christopher Pike/File Photo Purchase Licensing Rights, opens new tab

SummaryCompaniesSaab valued the potential purchase at up to $4.5 billionSays could start deliveries in 2030 if a deal were signed soonPrice could range from roughly $400 million to $450 million per aircraftANKARA, July 7 (Reuters) - NATO announced a roughly $4.5 billion plan on Tuesday to buy up to 10 ‌Saab (SAABb.ST), opens new tab GlobalEye surveillance planes to replace ageing AWACS early warning aircraft, backing a Swedish system over a rival solution from U.S. planemaker Boeing (BA.N), opens new tab.

Secretary-General Mark Rutte said the replacement of Cold War-era Airborne Warning and Control System (AWACS) planes, best known for their rotating radomes, ​with a new system based on smaller business jets would tackle threats like drone swarms.

The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis of the Iran war. Sign up here.

"This will ensure ​we keep NATO's... surveillance and early warning capability strong and credible for decades to ⁠come," he said during an event at a NATO summit.

With U.S. President Donald Trump repeatedly pressing allies to ​spend more on defence and buy more U.S. equipment, Rutte took pains to underline the international pedigree of the ​system which is mounted on top of Bombardier Global 6500 business jets.

"Like its predecessor, GlobalEye is a transatlantic programme, delivered by European and Canadian industries with essential contributions from US industries. It is a real success story, again, made in NATO," he told ​delegates.

Trump has repeatedly criticised European allies for relying on the U.S. for their security, while pressing them to ​buy more U.S. weapons. He has also threatened at times to quit NATO.

GlobalEye competes with Boeing's E-7 Wedgetail, an early warning ‌and command-and-control ⁠aircraft based on the 737 jetliner and designed to oversee and direct battle.

NATO said GlobalEye was a mission-proven system but did not elaborate.

Saab's shares rose near 4% on Tuesday, outperforming the European aerospace and defence index (.SXPARO), opens new tab that edged lower.

POTENTIAL DELIVERIES FROM 2030Reuters reported on Thursday that NATO would replace its Boeing E-3 Sentry AWACS jets with Saab's ​Swedish GlobalEye.

Technically, NATO is now ​entering into formal negotiations ⁠with Saab after making its provisional selection public.

Saab CEO Micael Johansson valued the purchase at up to $4.5 billion and told reporters that the Swedish group would be able ​to start deliveries in 2030 if a deal were signed soon.

He added that the ​final price ⁠had not been agreed but that it would be between roughly $400 million and $450 million per aircraft.

The final number of aircraft had been unclear as planners debated whether to order a more expensive version capable of mid-air refuelling.

A person familiar with ⁠the ​matter said the GlobalEyes would not initially have this capability but that ​it was expected to be added in a later update.

The current AWACS fleet can be refuelled in flight, a capability that has proved ​valuable for missions near Ukraine.

Reporting by Sabine Siebold, Additional reporting by Tim Hepher, Louise Rasmussen, Editing by Alexandra Hudson

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Shares of Fiserv climbed more than 6% in premarket trading on Tuesday after a report said several of the largest US banks had explored acquiring one of the fintech company's debit-card networks, highlighting the growing strategic importance of payments infrastructure as banks compete with fintech firms and crypto players.

According to The Wall Street Journal, JPMorgan Chase, Bank of America, Wells Fargo, and PNC Financial Services Group have in recent months held preliminary discussions about a potential acquisition of a payments network owned by Fiserv.

The discussions remain tentative, and there is no certainty that a transaction will materialize.

The report said several banks that reviewed the opportunity have already concluded they are unlikely to proceed.

Reuters also reported that some institutions expressed concerns that such a deal could trigger opposition from lawmakers, regulators, and merchant groups.

The reported discussions underscore how aggressively traditional banks are searching for new ways to strengthen their position in the fast-changing payments industry.

The sector has faced mounting competition from fintech companies and digital assets as the Trump administration has taken a more supportive stance toward financial innovation and cryptocurrencies.

Owning payment infrastructure could provide banks with greater control over transaction processing while potentially creating new revenue opportunities.

The interest in Fiserv's network is also tied to long-running debates over debit-card interchange fees.

Under the Durbin amendment, a provision of the 2010 Dodd-Frank Act, large banks face limits on the debit-card fees they can collect from merchants when transactions are routed through outside payment networks.

However, banks that own a payments network are exempt from those caps, making ownership of such infrastructure strategically valuable.

Interchange fees are paid by merchants whenever consumers use debit cards and largely flow to the financial institutions issuing those cards.

The Federal Reserve regulates these fees for banks with more than $10 billion in assets.

Banks have long argued that reduced interchange income forced them to scale back free checking accounts and debit-card rewards programs after the Durbin rules took effect.

Merchant groups, meanwhile, maintain that lower fees have helped reduce costs for businesses and ultimately benefited consumers through lower prices.

Fiserv owns the STAR and Accel debit-payment networks, which process debit card transactions across the United States.

According to the company's website, the STAR Network routes debit, ATM, and e-commerce transactions between consumers, merchants, and financial institutions.

The network serves more than 115 million debit-card holders through over 2,800 financial institutions.

The payments infrastructure has become increasingly valuable as banks seek to strengthen their competitive positions in digital payments.

The reported takeover interest comes during a difficult period for Fiserv.

The company has faced significant pressure over the past year, with its shares falling roughly 70% from year-earlier levels before Tuesday's rally.

SILVER SPRINGS, Nev., July 07, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) and Comstock Metals LLC (“Comstock Metals”), 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 integrated, tested and operated the robotic loading and initial conveyance system, representing the front-end stages of its production process as part of the overall commissioning of its first-of-a-kind, industry-scale solar recycling facility.

The operating system has three major operating stages that are currently being integrated, individually stress tested and commissioned. This represents another significant step toward the full commissioning, start up and continuous operation of the 100,000 ton per year solar panel recycling production line. The robotic arms and the continuous loading and conveyance systems that feed the initial crushers are now fully integrated and operational.

“We are pleased to report that, as of last week, we completed the wiring, interconnection of the PLC systems, integration and testing of the first third of the plant, and specifically the robotic loading arms and that the initial tests all resulted in effective and expedient loading of the panels into the system. In fact, the loading systems capacity test exceeded our estimated capacity design maximums by 10%,” stated Corrado De Gasperis, CEO of Comstock. “The team will now stress test the particle size reduction stage of the system and continue forward into our proprietary process integration and testing. We remain on track for stress testing those components over the next two weeks.”

Comstock Metals’ robotic arms feeding solar panels onto conveyance system.

“We are now well into the process of bringing the industry-scale production plant online while taking great care to make sure each stage is working as designed and to specification and then stress-testing these processes at volumes representing the equipment’s stated capacities,” stated Dr. Fortunato Villamagna, Comstock Metals President. “The front end is now actually working better than initial designs and has been tested and operating, and we will continue moving through the rest of the production system in that same sequence, such that by next month, the nine distinct unit operations will all be operational together. We are also now leveraging the modular nature of the start-up process to train and develop the operating crews to move from a 24/5 to a 24/7 on a 12-hour rotating shift basis.”

The start-up sequence is largely dictated by the engineering requirements and, to a lesser extent, the responses to continued requests for materials and samples from the growing population of potential offtake customers.

While we work on bringing the recycling process online, we also continue to stress-test the secondary upgrading processes for the offtake products, especially glass, in order to ensure compliance with customer specifications as we continue expanding our addressable markets for those products,” continued Villamagna. “The operating team and the personnel development that resulted from a multi-year demonstration facility is now proving extremely beneficial. These developmental and commissioning activities, along with all aspects of integration, testing, tuning and staged stress testing will continue throughout July, while continuous operations should commence this August.”

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. 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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/81bffda1-1105-49c1-81ff-d9a93bf6744e

Apple’s Discounts Boost Market ShareAccording to Counterpoint Research, Apple’s iPhone sales fell 9% year over year during the four-week 618 promotional period, despite a strong sequential rebound.

The company began promotions about a month before the annual shopping festival, offering savings of up to 2,000 yuan (about $290) on the iPhone 17 Pro series through official discounts, e-commerce platform incentives, and trade-in offers. Those promotions helped Apple climb to the No. 2 spot in China’s smartphone rankings.

The research firm said the year-over-year decline reflected tougher comparisons, as Apple had run even more aggressive promotions for the iPhone 16 series during last year’s 618 event.

China’s Smartphone Market Faces Broad SlowdownThe broader Chinese smartphone market remained under pressure. Counterpoint estimated total smartphone sales fell 13% from a year earlier during the promotional period as rising memory prices forced manufacturers to raise prices and scale back discounts. The weaker promotional environment dampened already soft consumer demand.

Huawei Outperforms RivalsHuawei was the standout performer, becoming the only major smartphone brand to post year-over-year growth. The company captured a 21% market share, driven by strong demand for the Enjoy 90 Pro Max and solid performance from the Mate 80.

Counterpoint also noted that Chinese Android vendors, including OPPO, HONOR, vivo and Xiaomi, all posted double-digit sales declines as manufacturers prioritized profitability over aggressive discounting.

Counterpoint Sees More Weakness AheadLooking ahead, Counterpoint expects China’s smartphone market to weaken further in the second half of 2026. The firm said vendors and supply chain partners have signaled that higher prices are likely to persist, while manufacturers continue adopting a profit-first strategy and trimming shipment plans. As a result, Counterpoint forecasts a double-digit decline in China’s smartphone shipments for the full year.

Apple Stock Technical AnalysisApple continues to trade well above its major moving averages, signaling a strong long-term uptrend. The stock sits 6.8% above its 20-day simple moving average, 7% above its 50-day SMA, 13.6% above its 100-day SMA and 16.2% above its 200-day SMA.

The 20-day SMA remains above the 50-day SMA, while the 50-day stays above the 200-day SMA, reinforcing a bullish “golden cross” formation.

Momentum indicators also remain constructive. The moving average convergence divergence (MACD) indicator is above its signal line, suggesting buyers continue to control the near-term trend despite the stock’s extended rally.

On the upside, resistance is near $317.50, close to Apple’s 52-week high of about $317.40. A decisive move above that level could attract additional buying interest. On the downside, initial support sits around $287.50, near the rising 20-day and 50-day moving averages.

Apple Earnings And Analyst OutlookApple is scheduled to report quarterly earnings on July 30. Wall Street expects earnings of $1.89 per share, up from $1.57 a year earlier, on revenue of $108.86 billion compared with $94.04 billion in the prior-year period.

The stock trades at about 37.9 times earnings, reflecting a premium valuation.

Analysts maintain a consensus Buy rating with an average price forecast of $324.16. Recent analyst moves include Evercore ISI reiterating an Outperform rating with a $365 price forecast, KGI Securities downgrading the stock to Hold with a $315 price forecast, and Bank of America maintaining a Buy rating with a $380 price forecast.

Apple Price ActionAAPL Stock Price Activity: Apple shares were up 0.65% at $314.68 during premarket trading on Tuesday, according to Benzinga Pro data.

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Powerful single frame and rack mount systems and new AI and automation software upgrades for IBM Z and LinuxONE 5 help enterprises deploy workloads with more flexibility

, /PRNewswire/ -- IBM (NYSE: IBM) today announces new IBM z17 and IBM LinuxONE 5 configurations, marking the first time IBM is offering rack mount alongside single frame systems across its full Z and LinuxONE portfolio. The expanded IBM z17 and LinuxONE 5 portfolios now offer a wide range of deployment options, engineered with the same flagship performance, security, and ecosystem standards. New single frame and rack mount options provide additional ways for organizations to position their infrastructure where it fits best for their business needs, helping support flexibility and operational efficiency.

LinuxONE 5 Single Frame System

z17 Single Frame System. Organizations processing highly sensitive workloads at scale are facing record-low data center vacancy and rental rates exceeding $400 per kW/month, according to CBRE's 2026 Global Data Center Trend Report.1 At the same time, they need infrastructure that can optimize their data center footprint while prioritizing the resilience required for their core applications. Enterprises can use IBM z17 and LinuxONE 5 rack mount and single frame systems to address these challenges, optimizing their data center real estate to meet today's realities. 

"The number of mission-critical workloads is rising at an incredible pace, forcing organizations to make tough decisions about performance, AI integration, and infrastructure footprint," said Tom McPherson, General Manager, IBM Z and LinuxONE. "With these new IBM Z and IBM LinuxONE systems, we're making it easier to run workloads where they make the most sense, while opening the door for a wider range of organizations to benefit from these technologies for the first time."

New Systems Built for Data Center Flexibility
The new IBM z17 and IBM LinuxONE 5 configurations support up to 82 cores and 18 TB of memory across two processor drawers, representing about a 20% increase in core count and 12% increase in memory capacity. Single processor capacity of IBM z17 ME2 provides full speed IBM z/OS configurations including 10% greater throughput per core than IBM z16 A02 with some variation based on workload and configuration.2

Clients have the flexibility to co-locate IBM and non-IBM equipment to achieve the best fit-for-purpose installation in their data center. Each system is designed to help organizations reclaim space, improve energy efficiency, and integrate seamlessly into existing environments:

IBM z17 single frame is a fully packaged solution in an IBM rack and intelligent power distribution units (iPDUs), delivered as a complete enclosed unit ready to deploy, now with the added flexibility for clients to co-locate other technologies within the frame. IBM z17 rack mount allows clients to install IBM Z components directly into their own industry-standard rack, with built-in flexibility for co-location with other technologies. IBM LinuxONE Rockhopper 5 is the scalable, multi-drawer LinuxONE system for high-density workloads, with on-chip AI acceleration, confidential computing, and post- quantum cryptography available in both single frame and rack mount configurations. IBM LinuxONE Rockhopper 5 rack mount and Express offerings deliver enterprise-grade Linux, confidential computing, and on-chip AI acceleration in a compact 18U configuration. Designed for organizations supporting a smaller set of workloads, the offering provides a cost-efficient entry point that can scale as business grows, while prioritizing security, resiliency, and performance. As with the rest of the IBM z17 and LinuxONE 5 portfolio announced last year, the single frame and rack mount systems deliver advanced multi-model AI inferencing through the IBM Telum® II processor, Red Hat OpenShift AI and the IBM Spyre™ Accelerator to deliver in-transaction predictive AI and generative AI.

Maximizing Business Value at the Core
Building on the flexibility of IBM Z and IBM LinuxONE systems, IBM is announcing new software and management capabilities designed to help clients simplify infrastructure operations, reduce the skills required to run the platform, and get more value from the workloads already running their business.

IBM Infrastructure Management for Z and LinuxONE brings together provisioning, configuration, and operations together. Enterprises can now leverage Terraform and widely adopted Infrastructure-as-Code that are engineered to automate infrastructure deployments, and orchestrate configurations in a unified user interface with a simple visual I/O topology and configuration while addressing the number of specialists required. IBM COBOL Elevate for z/OS is built to simplify modernization and optimize performance for COBOL applications running on IBM z17, helping clients get more value from the applications they depend on with no rewrites or specialized skills required, with availability beginning September 18. Post-quantum cryptography security is now standard on z17 and LinuxONE Rockhopper 5 systems, leveraging post-quantum cryptography, confidential computing, and enterprise-wide secrets management. New IBM Crypto Discovery & Inventory capabilities are engineered to simplify security operations by giving security teams a consolidated view of their cryptographic posture across the enterprise, helping them prepare for post-quantum standards with end-to-end visibility. "With the emergence of generative AI methods, we need the highest levels of performance, efficiency, resiliency and security to safely hold, and process the sensitive datasets," said Dr. Owain Kenway, Head of Research and Development (Platform Technologies) in ARC at University College London. "The new IBM LinuxONE 5 single frame, rack mount, and Express models enable organizations like us to access advanced technologies at cost-effective prices, and help our academic teams deliver outstanding research."

Availability

The new z17 single frame and rack mount configurations, IBM LinuxONE Rockhopper 5, and IBM LinuxONE 5 Express will all be generally available August 12, 2026. IBM Infrastructure Management for IBM Z and IBM LinuxONE will be generally available August 14, 2026. IBM COBOL Elevate for z/OS will be generally available September 18, 2026. For more information, visit https://www.ibm.com/products/z17 and https://www.ibm.com/products/linuxone-5.

Statements regarding IBM's future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only.

Disclaimer:

CBRE's 2026 Global Data Center Trend Report. Based on internal measurements. Results may vary by customer based on
individual workload, configuration and software levels. Visit LSPR website for more details at: www.ibm.com/support/pages/ibm-z-large-systems-performance-reference About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service.

Additional Sources

New z17 capabilities blog New LinuxONE capabilities blog Security blog z17 Ecosystem & Skills blog Media contacts: 

Marshall Hampson
IBM Infrastructure Communications
[email protected]

Aishwerya Paul
IBM Infrastructure Communications
[email protected]

SOURCE IBM

Item 1 of 2 An Army Tactical Missile System (ATACMS) is displayed during the inauguration of a new artillery plant of ammunition maker Rheinmetall, in Unterluess, Germany August 27, 2025. REUTERS/Annegret Hilse

[1/2]An Army Tactical Missile System (ATACMS) is displayed during the inauguration of a new artillery plant of ammunition maker Rheinmetall, in Unterluess, Germany August 27, 2025. REUTERS/Annegret Hilse Purchase Licensing Rights, opens new tab

CompaniesANKARA, July 7 (Reuters) - U.S. defence company Lockheed Martin (LMT.N), opens new tab and Germany's Rheinmetall (RHMG.DE), opens new tab signed a ​memorandum of understanding on Tuesday to ‌jointly produce ATACMS missiles in Germany, a move that would mark the first manufacture ​of the short-range ballistic missile ​outside the United States.

In a joint ⁠statement, the companies said the agreement, ​backed by the U.S. and German governments, ​was a step toward establishing a joint venture to create a European hub for the ​manufacture, integration and distribution of ​ATACMS missiles for NATO members and allied countries.

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The ‌guided ⁠missiles will be made at Rheinmetall's artillery plant in Unterluess, northern Germany, Rheinmetall CEO Armin Papperger said.

The memorandum, signed ​at a ​NATO ⁠Industry Forum on the sidelines of the alliance's summit in Ankara, ​reflects efforts by the United ​States ⁠and its European allies to expand defence industrial capacity and replenish weapons stockpiles ⁠strained ​by conflicts in Ukraine ​and the Middle East.

Reporting by Sabine Siebold, writing ​by Emanuele Berro, editing by Miranda Murray

Our Standards: The Thomson Reuters Trust Principles., opens new tab