Track market-moving stories before they get noisy

Samsung Electronics významně rozšiřuje své ambice v oblasti robotiky. Největší jihokorejský výrobce elektroniky v úterý oznámil vznik nové divize zaměřené na robotiku, která bude přímo podléhat spoluvýkonnému řediteli Roh Tae-moonovi. Cílem vzniku divize je urychlit rozvoj a komercializaci v oboru a etablovat robotiku jako motor růstu společnosti.

Společnost zároveň oznámila, že do svých řad získala jednoho z předních manažerů v tomto odvětví, který usedne do vedení divize, jež ponese název RX neboli Robotics eXperience. Je jím Dongkun Lee, jenž dosud působil v Hyundai Motor Group. V automobilce měl na starosti právě robotickou strategii včetně směřování společnosti Boston Dynamics, známého amerického vývojáře robotů, jehož Hyundai v minulosti převzal.

Nové centrum bude mít hlavní zázemí v areálu výzkumu a vývoje Samsungu v jihokorejském Soulu. Firma uvedla, že hodlá pokračovat v investicích do infrastruktury a dalších kapacit potřebných pro rozvoj svého robotického byznysu, přičemž vybuduje robotická výzkumná centra ve Spojených státech, Číně a Japonsku, jejichž činnost pod novou strukturu sjednotí.

Krok Samsungu odráží rostoucí význam robotiky mezi největšími světovými technologickými a průmyslovými společnostmi. Rozvoj AI totiž výrazně rozšiřuje schopnosti robotických systémů a otevírá prostor pro jejich nasazení při stále složitějších úkolech.

Do humanoidních robotů, automatizace výroby a souvisejících technologií dnes investují miliardy dolarů firmy jako Tesla, Alphabet či Hyundai. Očekávají, že jim nové technologie pomohou zmírnit dopady nedostatku pracovní síly a přinesou nové zdroje růstu vedle tradičních segmentů, jako jsou čipy, spotřební elektronika nebo elektromobily, píše Bloomberg.

Samsung také oznámil příchod dvou respektovaných akademiků. K firmě se připojí profesor Hyoun Jin Kim ze Soulské národní univerzity a profesor Uikyum Kim z univerzity Ajou, kteří patří mezi uznávané odborníky na robotiku.

„S bývalým manažerem Boston Dynamics jmenovaným do klíčové role v oblasti robotiky v Samsung Electronics se spolupráce mezi společnostmi Hyundai Motor Group a Samsung Group v oblasti robotiky velmi pravděpodobně rozšíří. Zdá se, že spojení mezi nimi se prohlubuje prostřednictvím různých kanálů,“ uvedli ve své poznámce analytici společnosti Korea Investment & Securities Co.

Marvell Technology (MRVL +3.18%) shareholders have been on quite the roller-coaster ride this year. If you bought shares on Jan. 2 (the market was closed on Jan. 1) and only checked your position now, you're up more than 120%, and you're probably pretty happy with that result. But if you've paid a bit more attention, you may have noticed that the stock has heavily sold off recently and is down 38% from its all-time high. The question investors are asking is whether now is the time to buy the dip or if this sell-off was warranted.

I think examining the reason behind its initial rise will give investors clues as to whether the sell-off was warranted (and I think the answer is likely a resounding yes).

Image source: The Motley Fool.

Marvell got a boost from a reputable source Marvell Technologies' stock got a major boost from one of its clients when Nvidia (NVDA +0.25%) CEO Jensen Huang stated that he believes Marvell could be one of the next $1 trillion companies. At the time, Marvell was just shy of a $200 billion business, so investors got excited and bought up the stock. Now, Marvell's stock is back below the price where it was when Huang made those comments.

Marvell Technology

Today's Change

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3.18

%) $

6.00

Current Price

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194.68

I think that's an OK sell-off, as there wasn't a whole lot of substance behind that rally besides one person's opinion (even if that person is extremely well informed about the state of the chip space). But after giving up those gains, is Marvell worth an investment?

Marvell makes networking equipment for data centers and smartphones. It's also getting involved in the application-specific integrated circuit (ASIC) business, and has deals with Microsoft and Amazon, much like Broadcom has deals with several other AI hyperscalers for custom AI chip design and production. This could turn into a huge business for Marvell, as these types of computing units are starting to gain massive momentum because when used for the narrow types of workloads they are designed for, they're more cost-efficient than general-purpose GPUs.

Marvell is still ramping up this business unit, but Wall Street analysts expect it to bring strong growth; consensus expectations are for 41% revenue growth this year and 45% next year. For most businesses, those would be stellar growth rates that would earn applause. In the AI industry, they're about average among the chip companies. So, Marvell is thriving and doing better, but it isn't anything special, at least from a growth standpoint.

Despite that, Marvell still trades at a hefty premium of 46.6 times forward earnings and 30.4 times next year's earnings.

MRVL PE Ratio (Forward) data by YCharts.

There are several AI stocks (like Nvidia and Broadcom) that are growing faster than Marvell and are cheaper, and I think those two make more sense to invest in than Marvell does. Until Marvell starts to generate growth that significantly outpaces that of some of the industry giants, I think it would be better for investors to stick to the established players in this space.

Keithen Drury has positions in Amazon, Broadcom, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Amazon, Broadcom, Marvell Technology, Microsoft, and Nvidia. The Motley Fool has a disclosure policy.

LEADING EDGE MATERIALS ADVANCES MIDSTREAM PROCESSING STRATEGY FOR THE NORRA KÄRR HEAVY RARE EARTH ELEMENTS PROJECT

Initiative launched to enhance Norra Kärr’s flowsheet with collaboration on new hydrometallurgical research in support of future pilot plant establishment. Swedish Government funding secured: two projects involving the company awarded funding through Vinnova, the Swedish Innovation agency, as part of a SEK 70+ million (CAD 10 million) national push to secure Sweden's critical raw materials supply.Path to concentrate production: Domain sampling now underway to generate high-grade eudialyte concentrate, the essential feedstock for upcoming hydrometallurgical pilot testing.On track to develop the EU’s first heavy rare earth elements mine following the grant of Norra Kärr’s 25-year mining lease in June 2026 Vancouver, July 20,2 026 - Leading Edge Materials Corp. ("Leading Edge Materials" or the "Company") (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) is pleased to provide an update on its midstream processing strategy for eudialyte concentrate from the Norra Kärr Heavy Rare Earth Elements ("HREE") Project – and the path toward pilot-scale hydrometallurgical testing, a key step in demonstrating the process at commercial scale. This builds on the significant flowsheet development work completed over the last 15 years, and new research into silicate management under the Vinnova-funded SHLENK project.

Eudialyte Processing

Eudialyte is recognised globally as one of the most promising mineral sources of heavy rare earth elements, with projects in Greenland and Australia being developed in addition to Norra Kärr in Sweden.   With eudialyte, the behaviour of silicates during leaching needs to be managed to prevent gel formation. Two well-known approaches are dilution, reducing silicate concentrations through sufficient dilution during leaching and inhibiting gel formation, and pre-treatment, treating the eudialyte concentrate ahead of leaching to prevent silicate release during dissolution, while preserving rare earth element solubility. Studies have demonstrated that under correctly selected pretreatment conditions for a given source material, silicate leaching can be effectively prevented. The pre-treatment option was used in the Company's 2021 Preliminary Economic Assessment ("PEA") and current project development workstreams are focused on performance and cost optimisation, and upscaling studies.

Pilot-Scale Hydrometallurgical Testing

The pre-treatment approach has shown strong results in laboratory-scale testing for Norra Kärr material and an extended pilot is intended to further strengthen hydrometallurgical understanding. To achieve optimal pilot data, a new high-grade eudialyte concentrate will be produced. Over the summer, the Company is conducting a domain sampling programme using the existing drill core library. This will be followed by further mineral processing to produce eudialyte concentrate while also generating valuable nepheline syenite as co-product for customer trials.

Consistent with the design set out in the Company’s 2021 PEA, mineral processing at Norra Kärr will only feature crushing, grinding, and magnetic separation; the eudialyte concentrate would then be transported to a midstream hydrometallurgical facility at a separate, established industrial location – keeping the footprint at Norra Kärr small and placing chemical processing where infrastructure already exists.

New Innovation Research: The SHLENK Project

The pilot work programme will benefit from research into improved processing methods, including through the Company's collaboration with RISE (Research Institutes of Sweden) under the SEK 1.5 million (CAD 0.2 million) funded SHLENK project – "Silicate management in leaching of eudialyte from Norra Kärr”.

SHLENK is one of two research projects involving the Company’s wholly owned Swedish subsidiary, Greenna Mineral AB, that have recently been granted funding by the Swedish Government through Vinnova's Impact Innovation call, "Resilient metals and minerals supply for strengthened preparedness," alongside the NordAL (Nordic Alumina) project.

Together with 17 other projects, these initiatives form part of a national effort to strengthen Sweden's metals and minerals supply chain in peacetime, during heightened preparedness, and in times of crisis. The combined programme represents more than SEK 70 million (approximately CAD 10 million) in funding, of which approximately SEK 42 million (CAD 6 million) is provided by Vinnova.

For the Company, this funding represents strong recognition of the strategic importance of its work at Norra Kärr and its contribution to building a more resilient and secure supply chain for critical raw materials in Sweden and the Nordics.

The work is carried out within Swedish Metals & Minerals, a joint initiative by the Swedish Energy Agency, Formas, and Vinnova under the framework of Impact Innovation.

Kurt Budge, Chief Executive Officer, commented:

“Following the grant of the 25-year mining lease, our work continues towards developing Norra Kärr, the EU's first heavy rare earth elements mine.

Progressing with our Pre-feasibility Study, we continue to de-risk and enhance the processing flowsheet for Norra Kärr. We have a clear plan: working with the best eudialyte concentrate, verifying our pre-treatment approach to silicate management, and generating the data we need to run at pilot scale.

Heavy rare earths like dysprosium and terbium are foundational to the technologies driving electrification and defence readiness across Europe, and Norra Kärr remains one of the continent's richest deposits. The support from Vinnova is a strong validation of the strategic role Norra Kärr can play in strengthening Sweden's and Europe's resilience in critical raw materials."

About the Norra Kärr Project

Norra Kärr is one of Europe's most significant deposits of heavy rare earth elements, hosted in an eudialyte-bearing alkaline rock body in southern Sweden. The project's strategic value is underpinned by its high dysprosium and terbium ("Dy/Tb") content, critical inputs for permanent magnets used in electric vehicles, wind turbines, and defence applications.

On 28 June 2026, an Exploitation Concession – 25-year mining lease - was granted by the Swedish Government following a formal recommendation from the Mining Inspectorate (Sw. Bergsstaten), which submitted the application to the Government for a final decision after all involved agencies had either endorsed the application or recommended approval.

The strategic importance of heavy rare earth elements to Europe's industrial future has never been more apparent. As China's export controls have demonstrated, access to dysprosium, terbium and yttrium cannot be taken for granted — and the consequences of supply disruption are severe. Norra Kärr, now holding an Exploitation Concession, is key to addressing Europe’s critical risk exposure.

Edison Investment Research

"Leading Edge Materials - Meeting Europe's Rare Earths Challenge", 9 February 2026.
https://www.edisongroup.com/research/meeting-europes-rare-earths-challenge/BM-2766/  

Edison estimates current European dysprosium demand at 180-200 tpa of Dy₂O₃. Norra Kärr's 2021 PEA discloses average annual Dy₂O₃ production of 248t, which Edison notes is "similar to European consumption."

“Leading Edge Materials — Addressing the European REE shortage”, 21 April 2026.
https://www.edisongroup.com/research/addressing-the-european-ree-shortage/BM-2909/

The scientific and technical information contained in this news release relating to the Norra Kärr project, including details of forecast dysprosium, terbium and yttrium production, are set out the National Instrument 43-101 technical report entitled "Preliminary Economic Assessment of Norra Kärr Rare Earth Deposit and Potential By-Products, Sweden", with effective date August 18, 2021, and issue date August 19, 2021, prepared for Leading Edge Materials Corp. by SRK Consulting (UK) Ltd. The report is available on the Company's website at www.leadingedgematerials.com and under its SEDAR profile at www.sedar.ca.

Qualified Person

The scientific and technical information contained in this news release relating to the Norra Kärr project has been reviewed and approved by John Willis of SRK Consulting (UK) Ltd, a Chartered Professional and Member of the Australasian Institute of Mining and Metallurgy, who is an independent Qualified Person under the terms of NI 43-101 for REE deposits. SRK Qualified Persons are all independent as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects. 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

On behalf of the Board of Directors,
Leading Edge Materials Corp.

Kurt Budge, CEO

For further information, please contact the Company at:
[email protected]
www.leadingedgematerials.com

Corporate Head Office (Vancouver, Canada): 778-686-5357

About Leading Edge Materials

Leading Edge Materials Corp. is a Canadian-listed company focused on developing critical raw material assets across the European Union. Its primary focus is the wholly owned Norra Kärr Heavy Rare Earth Element project in Sweden — one of the world's most strategically significant heavy rare earth deposits and among the few advanced-stage projects within the EU capable of producing dysprosium, terbium, and yttrium at meaningful scale.

Situated in one of the globe's most politically and regulatory stable mining environments, Norra Kärr is well-positioned to contribute directly to the objectives of the EU's Critical Raw Materials Act, including the bloc's target of sourcing 10% of its critical raw material consumption domestically by 2030. Beyond rare earths, the Company also holds the Woxna Graphite mine in Sweden — a fully constructed and permitted facility — as well as a 90% stake in the Bihor Sud Nickel-Cobalt exploration alliance in Romania.

Additional Information

The information was submitted for publication through the agency of the contact person set out above, on July 20, 2026, at 23:30 Vancouver time.

Leading Edge Materials is listed on the TSXV under the symbol “LEM”, OTCQB under the symbol “LEMIF” and Nasdaq First North Stockholm under the symbol “LEMSE”. Svensk Kapitalmarknadsgranskning (“SKMG”) is the Company’s Certified Adviser for the Nasdaq First North Growth Market (Stockholm) and may be contacted via email [email protected] or by phone +46 (0)8 913 008.

Reader Advisory

This news release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, changes in the Company’s intended use of proceeds from the Private Placement, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

1D_20260720 Norra Kärr Processing _CLEAN

MAA's balance sheet is strong (low secured debt ratio ~2%, "A3" overall credit rating), but all three instruments are currently unattractive. MAA's asset yield is 10.33%, the asset coverage ratio is 211%, and the market-adjusted asset yield stands at 5.63%. MAA.PR.I preferred shares trade above par with a negative yield to worst, prompting a clear 'sell' recommendation until yields exceed 5%.

21.7.2026 09:24

Index PX přidává 0,07 % na 2 594,02 b.

Pražská burza, měřená indexem PX, v úvodu dnešního obchodování nepatrně roste.

Daří se akciím Primoco (+3,47 %), Photon Energy (+0,92 %) a Doosan Škoda Power (+0,82 %). Ztrácejí akcie Moneta (-1,21 %), ČEZ (-0,15 %) a CSG (-0,23 %).

Michal Bárta
Fio banka, a.s.
Prohlášení

Bitmine owns 4.8% of the total ETH coin supply of 120.7 million

Bitmine is 96% of the way to the 'Alchemy of 5%' in just 12 months

Bitmine repurchased 5.5 million common stock in the past week, authorized under the previously announced $4 billion share repurchase program

Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026

Bitmine's Series A Preferred Stock is trading on the NYSE under the symbol BMNP

Bitmine has 4,917,189 staked ETH, representing $9.2 billion at $1,879 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors

Bitmine owns $58 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI

Bitmine Crypto + Total Cash Holdings & Marketable Securities + "Moonshots" total $11.5 billion, including 5.78 million ETH tokens, total cash & marketable securities of $385 million, and other crypto holdings

Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH

, /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash & marketable securities + "moonshots" holdings totaling $11.5 billion.

Bitmine Weekly Update

STAKING: BMNR now staking over 4.9 million ETH as of July 19, 2026

ALCHEMY OF 5%: BMNR ranked #187 by 5D avg daily $ volume As of July 19, 2026 at 8:30pm ET, the Company's crypto holdings are comprised of 5,777,468 ETH at $1,879 per ETH (per CoinbaseNASDAQ: COIN), 207 Bitcoin (BTC), $180 million stake in Beast Industries, $58 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash & marketable securities of $385 million. Bitmine's ETH holdings are 4.8% of the ETH supply (of 120.7 million ETH).

"Bitmine repurchased approximately 5.5 million shares of common stock in the past week at an average price of $15.6156. We view the purchase of our common shares as accretive to shareholder value," stated Thomas "Tom" Lee, Chairman of Bitmine.

Bitmine executed the 5.5 million common stock buyback under the previously authorized $4 billion share repurchase program. 

"Over the past week, we acquired 7,430 ETH. The reduced pace of buys reflects that Bitmine repurchased 5.5 million common shares. Bitmine has bought ETH every week since the inception of the ETH Treasury Strategy on June 30, 2025," stated Lee.

On July 16, 2026, Bitmine released the latest Chairman's Message (link here) for July 2026. The title of the Message is "ETH is the cure for the Uncanny Valley of Wealth."

Earlier in 2026, Bitmine launched MAVAN (the Made in American VAlidator Network), the institutional grade staking platform. While MAVAN was originally developed to support Bitmine's own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine's ETH is already staked on the MAVAN platform.

As of July 19, 2026, Bitmine total staked ETH stands at 4,917,189 ($9.2 billion at $1,879 per ETH). "Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $290 million on an annualized basis (using 2.67% 7-day BMNR yield)," stated Lee.

"Annualized staking revenues are now projected at $247 million. And this 4.9 million ETH is 85% of the 5.78 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.67% (annualized)," continued Lee.

Bitmine's crypto holdings reign as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc., which reportedly owns 843,775 BTC valued at approximately $55 billion. Bitmine remains the largest ETH treasury in the world. 

Bitmine is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $579 million (5-day average, as of July 17, 2026), ranking #187 in the US, behind AirBnB (rank #186) and ahead of Fastenal (rank #188) among 5,704 US-listed stocks (statista.com and Fundstrat research).

Bitmine management believes the GENIUS Act and Securities and Exchange Commission's (the "SEC") Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.

The Chairman's message can be found here:
https://www.Bitminetech.io/chairmans-message

The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/

To stay informed, please sign up at: https://Bitminetech.io/contact-us/

About Bitmine
Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of "the alchemy of 5%," the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.

For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat

Forward Looking Statements
This press release contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. These forward-looking statements can be identified by terms such as "expects," "projects," "projected," "intends," "believes," "anticipates," "estimates," and similar expressions. This document specifically contains forward-looking statements regarding: (i) the Company's goals regarding ETH acquisition, including the "Alchemy of 5%" initiative and the statement that Bitmine is 96% of the way to this goal; (ii) the Company's digital asset accumulation strategy and staking operations, including the statement that Bitmine has 4,917,189 staked ETH representing $9.2 billion, projected annualized ETH staking rewards of approximately $290 million (when Bitmine's ETH is fully staked by MAVAN and its staking partners), and current projected annualized staking revenues of approximately $247 million; (iii) MAVAN's intended expansion to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure; (iv) the Company's continued commitment to acquire ETH weekly under its ETH Treasury Strategy; (v) management's belief that the GENIUS Act and SEC Project Crypto are as transformational to financial services as US action on August 15, 1971 ending Bretton Woods and the USD gold standard; (vi) expectations regarding the $4 billion share repurchase program and its accretive value to shareholders; (vii) statements regarding the Company's investment in Eightco Holdings as providing indirect exposure to OpenAI; and (viii) the future growth and advancement of the Company's Ethereum treasury strategy. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine's ability to keep pace with new technology and changing market needs; Bitmine's ability to finance its current business, Ethereum treasury operations, share repurchase activities, and proposed future business; the competitive environment of Bitmine's business; market conditions affecting the trading price of the Company's common stock and Series A Preferred Stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of the GENIUS Act and other pending legislation and SEC initiatives; the volatility and unpredictability of digital asset prices; the performance, reliability, and security of the Company's staking operations; risks related to AI systems and their impact on cryptocurrency markets; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine's control, including those set forth in the Risk Factors section of Bitmine's Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine's filings with the SEC are available on the SEC's website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

SOURCE Bitmine Immersion Technologies, Inc.

Dnes proběhne zasedání Maďarské národní banky (MNB), od kterého společně s trhem očekáváme snížení základní úrokové sazby o dalších 25 bazických bodů na 5,75 procenta. Takový krok bude nejen v souladu s červnovým rozhodnutím, kdy centrální banka snížila sazbu na šest procent, ale i s vyjádřením guvernéra Mihálye Vargy o třístupňovém „mini-cyklu“ uvolňování měnové politiky. Agresivnější redukci sazeb tudíž nepředpokládáme, neb centrální banka nadále zdůrazňuje gradualistický přístup, potřebu kladných reálných sazeb a zachování finanční stability.

Nejsilnějším argumentem pro další snížení sazeb v Maďarsku jsou čerstvá inflační data. Spotřebitelská inflace v červnu zpomalila na 1,7 procenta, tedy pod pod spodní limit toleranční pásma pro inflační cíl MNB (2–4 %). K nižší inflaci přispěly nejen klesající ceny potravin, ale také silnější forint, který srazil dovozní ceny. Guvernér MNB Varga navíc uvedl, že kurz EUR/HUF se v posledních týdnech stabilizoval v pásmu 355–360, což podporuje domácí ekonomiku. Vnímáme to jako důležitý signál, že MNB neusiluje pouze o stabilní, ale i relativně silný forint. Pokud by však maďarská měna v příštích dnech dále oslabila, bude zajímavé sledovat, zda se nezmění tón komunikace směrem k srpnovému snížení sazeb.

Důležitou roli může sehrát také fiskální politika. Technická projekce vlády naznačila, že bez dodatečných opatření by letošní deficit mohl dosáhnout až 7,5 procenta HDP, výrazně nad předpoklady červnové prognózy MNB. Do konce srpna by vláda měla představit novou rozpočtovou strategii a konsolidační balíček. Důvěryhodná fiskální konsolidace by podpořila forint i vývoj tržních sazeb, zatímco zklamání by mohlo prostor pro další uvolňování měnové politiky rychle omezit.

Vnější prostředí se ovšem mezitím zhoršilo. Obnovené narušení dopravy v Hormuzském průlivu zvýšilo ceny energií, což je pro energeticky náročnou maďarskou ekonomiku s vysokou závislostí na dovozu ropy a plynu významné riziko. Tento faktor snižuje prostor pro agresivnější snižování sazeb, což je již vidět na krátkém konci forintové výnosové křivky.

Naším základním scénářem tak zůstává snížení sazeb MNB o 25 bazických bodů v červenci i srpnu, následované podzimní stabilitou (sazeb MNB). Maďarská inflace by pak podle našeho názoru měla do tohoto konce roku zrychlit směrem ke třem procentům a poblíž této úrovně vydržet i v roce 2027. Silná domácí poptávka, vyšší ceny energií a robustní růst reálných mezd by měly znovu vytvářet inflační tlaky zejména ve službách. Další pokles sazeb proto očekáváme až v příštím roce, za předpokladu, že fiskální konsolidace sníží rizikovou přirážku Maďarska a inflace zůstane pod kontrolou.

TRHY

Koruna

Česká koruna se posunula lehce pod 24,20 EUR/CZK, ale výraznější známky aktivity na koruně zatím nepozorujeme. Včera ji mohl sice pomoci lehký pokles cen ropy, situace na Blízkém východě se však nijak materiálně nelepší a těžko v tuto chvíli doufat v trvalejší úlevu. S určitým napětím může koruna v tomto týdnu vyčkávat na čtvrteční zasedání ECB.

Eurodolar

Eurodolar sice sleduje ceny ropy, ale ty jej prozatím nevybídly k většímu pohybu. Cena ropy se přitom včera vrátila pod 90 USD za barel na základě spekulací, že začnou rozhovory mezi USA a Íránem o novém příměří. Na druhou stranu pro ropné býky je povzbudivou zprávou, že Hútiové zahájily námořní blokádu v Rudém moři. Pokud by se stala efektivní, může z trhu dočasně zmizet až sedm milionů barelů denní produkce, která je tímto kanálem exportována.

Ropa tedy zřejmě zůstane pro trhy téma, na druhou stranu eurodolar se již bude připravovat na čtvrteční zasedání ECB.

Palantir Technologies (PLTR +2.06%) and Sandisk (SNDK +2.67%) are two incredibly popular artificial intelligence (AI) stocks. However, Wall Street is looking at them differently right now.

Palantir was a poster child stock for AI for years, and it gained 1,800% from 2019 through 2025. Sandisk wasn't publicly traded as a separate company during most of the AI era, until February 2025, when it was spun off from Western Digital. Since then, it has gained an astounding 3,800%.

Both of these companies are reporting incredible growth, but while Sandisk stock soared after its latest earnings report, Palantir stock dropped. Here's why.

Image source: Sandisk.

Why Palantir stock dropped Palantir has many qualities that have made it an outstanding company and a fantastic stock to own over the past few years. It has a proprietary AI platform that unifies information from disparate silos for government and commercial clients, providing data analysis and insights, and helping leaders make informed, data-driven decisions.

There are several ways Palantir goes beyond being another AI platform. It sends in trained specialists to work with clients, and helps them embed the platform throughout their organizations. Between its long-term contracts with clients and its success at deeply integrating itself within their operations, it has erected a high barrier to entry for potential rivals. 

Today's Change

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2.06

%) $

2.72

Current Price

$

135.10

It attracts new business all the time from clients eager to get the most out of their own data, and it continues to demonstrate robust growth. In the first quarter, Palantir's revenue increased 85% year over year, with a 104% increase in U.S. commercial businesses. Total contract value increased 61%, and adjusted operating margin was 60%.

However, Palantir has been one of the most visible victims of the market's revolt against software-as-a-service (SaaS) stocks.

The chief concern is that AI agents can be built to perform many of the tasks SaaS companies handle. This technology is poised to become widely used, and as a result, investors are worried that Palantir's moat isn't quite as durable as it once appeared.

Palantir is also priced for perfection, making a share price drop almost inevitable. Its P/E ratio topped 600 last year; it's nearly impossible for any stock to sustain that kind of valuation for an extended period of time.

Why Sandisk stock is flying Sandisk, on the other hand, operates in a different part of the AI space. It's one of the only companies that makes NAND flash memory, which is critical for data centers, and it has been able to raise the prices it charges because the entire memory market is in the midst of a period of high demand and short supply.

"NAND flash is emerging as the only economically viable solution to deliver the capacity, performance, and efficiency required to keep models accessible for real-time inference at scale," said CEO David Goeckeler.

It also recently changed its business model, locking large clients into long-term contracts. That move will help add stability and steadiness to what has historically been a highly cyclical, boom-and-bust business. 

Today's Change

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2.67

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36.13

Current Price

$

1,390.95

In Sandisk's fiscal 2026 third quarter (which ended April 3), revenue increased 251% year over year, and 97% sequentially. While the company is reporting growth in all of its segments, those fantastic results were driven primarily by the data center segment, where revenue increased 233% sequentially.

Sandisk is also highly profitable, and it has become more so as the memory shortage becomes more intense and its products grow more expensive. Operating income increased from just $2 million in the prior-year period to $4.2 billion in the fiscal third quarter.

Although Sandisk stock soared after its May 7 earnings report, it also started to drop in late June after it reached a lofty valuation of around 80 times earnings. It has since fallen back to a P/E ratio of about 47, and given back the lion's share of that post-earnings surge.

That means it's well-positioned to jump again if the company continues to report unceasing demand when it releases its fiscal fourth-quarter results on Aug. 5. By contrast, Palantir still has a lot to prove, trading at 149 times trailing-12-month earnings.

SPCX 46% Below Its HighIn a post on X on Monday, the investor shared his take on AI stocks’ decline and the emergence of Chinese competitors. “More air is coming out of the AI bubble as Moonshot AI’s Kimi K3 intensifies low-cost Chinese competition,” Schiff said in the post.

The investor then outlined SpaceX’s recent decline, saying that the commercial space flight giant’s stock was trading at $121/share when he made the post, which was “almost 11% below its IPO price and more than 46% below its high.” Schiff then said that AI was not a bubble, but “AI stocks” were. “The bubble has likely already popped,” the investor said.

In the same thread, Schiff commented on SPCX declining further. “SpaceX closed under $120, near the low of the day,” he said, which was more than 11% below the IPO price of $135/share, according to the investor. “The chart is not looking good,” Schiff said.

Bearish Outlooks on SpaceXWhitney Tilson, a former hedge fund manager, expressed bearish sentiments on the company’s stock, saying that SpaceX was still trading “at 92 times trailing revenues,” which was “nearly 10 times overvalued,” he said in a newsletter.

According to Benzinga Edge Rankings, SpaceX fails to provide a favorable price trend in the Short, Medium and Long term.

Price Action: SpaceX shares were up 0.38% at $120.30 during the after-hours trading on Monday.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Photo courtesy: Thrive Studios ID via Shutterstock

Market News and Data brought to you by Benzinga APIs

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

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The past couple of years have been rough for electric vehicle (EV) makers. Between lagging charging infrastructure, the expiration of EV tax credits in the U.S., and increased competition, even Tesla (TSLA 2.87%), the top player in this niche, has seen unimpressive delivery numbers. That is, until recently. Tesla announced its second-quarter deliveries on July 2, and they were strong. Here's what that means for the stock.

Image source: The White House.

EVs are back in style Tesla's CEO, Elon Musk, may also have played a role in the company's recent struggles. His political activities led to a backlash and cost Tesla between 1 million and 1.26 million deliveries, according to some estimates. But perhaps that's all in the past now. In the second quarter, Tesla recorded 480,126 deliveries.

That was 25% higher than the prior-year quarter and significantly above the consensus Wall Street estimate of around 406,000. The last time it posted stronger year-over-year growth in deliveries was the third quarter of 2023, so almost two years ago. This performance was partly due to broader macroeconomic factors.

With tensions in the Middle East driving up oil and gas prices, many consumers opted to buy EVs. However, Tesla's strong second-quarter deliveries were not enough to impress the market: The stock declined after it released its deliveries report.

Today's Change

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369.93

All eyes on robotaxis Tesla is worth $1.2 trillion and has performed pretty well over the past year, with its shares gaining 18%, despite mixed financial results, as of writing. That tells us that the market no longer sees it as just a car company. Several of Tesla's ongoing projects could be transformative, significantly improving its financial results. That's what many investors are counting on. One of these initiatives -- and perhaps the most important -- is Tesla's robotaxi ambitions. And progress along those lines will be critical to the stock performance over the next few years. Tesla could also make headway with its humanoid robot project. The company said it would start ramping up production of its Optimus 3 in late July or early August.

With all that said, is it worth it to invest in Tesla right now? On the one hand, the company's robotaxi business, once it is up and running in many cities, could be a hit. Unlike some companies working on this project, Tesla benefits from a brand name, a large fleet of vehicles on the roads that helps the company train and improve its self-driving software, and a large production capacity -- thanks to many megafactories -- that has allowed it to achieve economies of scale. All these are significant advantages that could help Tesla dominate.

However, the market is already arguably factoring in some of that success into its stock price, and the company's shares could dip at the first sign of trouble. In other words, Tesla is a rather risky company. Long-term investors comfortable with that should consider initiating a position. But it's important to brace for the volatility that almost certainly lies ahead.

Comprehensive engine support will strengthen Emerald Airlines' regional operations through 2030

, /PRNewswire/ -- Farnborough International Airshow -- Pratt & Whitney Canada has signed a nearly five-year contract with Emerald Airlines to provide comprehensive maintenance, repair and overhaul (MRO) services for PW127M engines powering ATR 72-600 regional turboprops. Pratt & Whitney is an RTX (NYSE: RTX) business.

"We worked with Emerald Airlines to develop a customized and inclusive solution that will optimize their future engine maintenance costs, deliver dependable performance and dispatch availability," said Anthony Rossi, vice president, Pratt & Whitney Canada. "This agreement reflects our broader commitment to invest in and expand our MRO capabilities as we continue to grow alongside our customers."

Maintenance work to support Emerald Airlines will primarily be carried out at Pratt & Whitney Canada's Singapore facility, a global hub specializing in MRO front-line service for turboprop engines, with additional support from the business's Montreal site.

"We're pleased to extend our partnership with Pratt & Whitney Canada through 2030, giving us long-term certainty across our fleet," said Richard Spencer, Chief Operating Officer, Emerald Airlines. "This comprehensive MRO program delivers real peace of mind, with predictable costs and the ability to plan our operations with confidence. It also reflects a structure that aligns with the needs of our aircraft lessors, ensuring the right balance of performance, reliability and asset value over time."

The PW100 engine family delivers significant efficiency benefits on routes of 350 miles or less, cutting fuel use by25% to 40% and reducing CO2 emissions by the same amount compared to similar-sized regional jets. The engines are also compatible with biofuels and certified to operate with up to a 50% blend of synthetic aviation fuel. 

About Pratt & Whitney
Pratt & Whitney, an RTX business, is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units for military, commercial and civil aviation customers. Since 1925, our engineers have pioneered the development of revolutionary aircraft propulsion technologies, and today we support more than 90,000 in-service engines through our global network of maintenance, repair and overhaul facilities.

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.

About Emerald Airlines
Established in 2021, Emerald Airlines serves as the exclusive operator of the Aer Lingus Regional route network, providing connectivity to/from Ireland, UK, and France. Recognised as Aviation Company of the Year, the airline offers a comprehensive range of services, including franchise operations, ACMI wet lease, and private charter flights.

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

SOURCE RTX

Valox 1500 design set to deliver an optimal mix of affordability, performance and speed to market for autonomous platforms

, /PRNewswire/ -- Farnborough International Airshow -- Pratt & Whitney, an RTX (NYSE: RTX) business, has successfully completed a key design milestone for its Pratt & Whitney Valox™ 1500 engine, a new powerplant intended for semi-autonomous collaborative platforms. A comprehensive digital assessment confirms the design is on track to deliver an optimal mix of performance, affordability, and speed to market.

"This milestone reflects Pratt & Whitney's agility and commitment to delivering critical capability to the warfighter at speed," said Jill Albertelli, president of Pratt & Whitney's Military Engines business. "By optimizing the engine design for reduced mission life and moving beyond traditional development timelines, our team is bringing forward a more affordable, scalable propulsion solution for emerging operational needs."

Leveraging proactive investments in digital engineering, Pratt & Whitney has significantly de-risked the development timeline and is now focused on maturing the design for follow-on ground testing. In late 2025, Pratt & Whitney received a contract award valued at more than $10 million from the U.S. Air Force to advance the engine design.

Pratt & Whitney recently unveiled the Pratt & Whitney Valox™ engine family, which is engineered to deliver the speed, precision, and affordability required for modern collaborative combat systems and a broad range of emerging applications.

About Pratt & Whitney
Pratt & Whitney, an RTX business, is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units for military, commercial and civil aviation customers. Since 1925, our engineers have pioneered the development of revolutionary aircraft propulsion technologies, and today we support more than 90,000 in-service engines through our global network of maintenance, repair and overhaul facilities.

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

Evropské futures kontrakty se obchodují v blízkosti nuly

21.7.2026 08:10

Německo:

11:00 Průzkum ZEW - index očekávání (červenec): očekávání trhu: 15,3, předchozí hodnota: 10,5

11:00 Průzkum ZEW - index současných podmínek (červenec): očekávání trhu: -77,7, předchozí hodnota: -81

Eurozóna:

11:00 Průzkum ZEW - index očekávání (červenec): očekávání trhu: --, předchozí hodnota: 9,5

Zdroj: Bloomberg

Jakub Němec
Fio banka, a.s.
Prohlášení

GIBSON, Ga. & SPARTA, Ga.--(BUSINESS WIRE)--Comcast's Xfinity today announced that more than 3,300 new homes and businesses in Hancock and Glascock counties, including the communities of Sparta and Gibson, now have access to multi-gigabit, symmetrical Internet from America's smartest and most reliable converged network. Xfinity brings Internet, mobile, entertainment, and smart home services into one simple, seamless solution – giving customers more speed, savings, and control over their connect.

Environmental Product Declarations (EPDs)(1), which assess the full environmental footprint of the aircraft throughout its lifecycle, are an integral part of Bombardier’s sustainability strategyThe Global 8000 joins Bombardier’s Challenger 650, Challenger 3500, Global 5500, Global 6500 and Global 7500 as the only business jets in the world to carry an EPD(1)(2) – a key aspect of Bombardier’s leadership in lifecycle assessment and disclosureThe Global 8000 EPD further illustrates the steadfast commitment, pride and investment Bombardier is making to ensure it is fully transparent about our product lifecycle while continuing to innovate and identify opportunities for improvement across the value chain

MONTREAL, July 21, 2026 (GLOBE NEWSWIRE) -- Bombardier today announced that the world’s fastest civilian aircraft, the Global 8000 jet has obtained its Environmental Product Declaration (EPD), joining several other Bombardier aircraft already with EPDs, including the Challenger 650, Challenger 3500, Global 5500, Global 6500, and Global 7500 aircraft (1).

With this important designation, Bombardier becomes the only business jet manufacturer to ever disclose the scientifically-analyzed environmental impact of its in-production aircraft via the publication of EPDs (2). All of Bombardier’s business jets EPDs are publicly available on the company’s website and display, amongst other information, the aircraft CO2 emissions generated at each of the steps of the value chain: from raw material extraction until aircraft end-of-life.

“This is an important milestone for Global 8000, as EPDs transparently disclose the environmental impact they generate. The development of EPDs is in line with Bombardier’s objective to advance sustainable business aviation by making environmentally responsible choices in the full life cycle of aircraft design, from sourcing raw materials right up to assembly and operations. For us, it’s all about continuous improvement in every stage of aircraft development,” said Stephen McCullough, Executive Vice President, Engineering, Product Development and Bombardier Defense. “From its recent speed records, to its stellar performance during demonstration flights at the Farnborough International Airshow, this is yet another important milestone for this incredible aircraft. The Global 8000 offers so much promise for both our civil and defense customers in region due to its incredible performance attributes and mission flexibility.”

At Bombardier, integrating environmental sustainability into the product development function is a fundamental aspect of the process to design state-of-the-art aircraft, and is a core value. Applying a complete life cycle perspective to aircraft design is central to a product’s responsibility strategy.

As the fastest civil aircraft in the skies with a top speed of Mach 0.95 and a range of 8,000 NM(3), the Global 8000 aircraft can enable passengers to fly faster and farther than ever before. With its long-range capabilities, low cabin altitude and exceptionally smooth ride and agile, takeoff and landing performance capabilities, it’s the ideal platform to support customers for the duration of their mission.

About Bombardier

At Bombardier (BBD-B.TO), we design, build, modify and maintain the world’s best performing aircraft for the world’s most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs.

For them, we are committed to pioneering the future of aviation—innovating to make flying more reliable, efficient and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect. Because people who shape the world will always need the most productive and responsible ways to move through it.

Bombardier customers operate a fleet of more than 5,200 aircraft, supported by a vast network of Bombardier team members worldwide and 10 service facilities across six countries. Bombardier’s performance-leading jets are proudly manufactured in aerostructure, assembly and completion facilities in Canada, the United States and Mexico. In 2024, Bombardier was honoured with the prestigious “Red Dot: Best of the Best” award for Brands and Communication Design.

For Information

For corporate news and information, including Bombardier’s Sustainability report, as well as the company’s initiative to cover all its flight operations with a Sustainable Aviation Fuel (SAF) blend utilizing the Book-and-Claim system visit bombardier.com.

Learn more about Bombardier’s industry-leading products and customer service network at bombardier.com. Follow us on X @Bombardier.

Media Contacts
General media contact webform

Mark Masluch                                                                                                                                           
+1-514-855-7167 
[email protected] 

Bombardier, Challenger, Challenger 650, Challenger 3500, Global, Global 5500, Global 6500, Global 7500 and Global 8000 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

___________________
(1) The Global 8000 carries a Type III declaration in accordance with the ISO 14025 and is registered with the International EPD System, an environmental declaration program based in Sweden. It discloses fully transparent environmental information about the product’s life cycle, such as CO2 emissions, noise, water consumption and other key environmental impact indicators. The other Bombardier aircraft listed have Type II declarations in accordance with the ISO 14021, and following ISO 14044:2006 for science-based Life Cycle Assessment (LCA).
(2) Based on Bombardier's analysis of publicly available data.
(3) All specification and data are subject to certain operating rules, assumptions and other conditions, when compared to commercial and business aircraft currently in service.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/afc17925-e336-4390-839a-25a303234380

WIMBORNE, England--(BUSINESS WIRE)--Intelligent power management company Eaton opened a European Centre of Additive Manufacturing in the U.K., advancing its strategy to scale additive manufacturing globally and support growing global demand for next-generation aerospace platforms. As aerospace manufacturers continue to seek lighter, more efficient components and more resilient supply chains, additive manufacturing is gaining broader interest across the industry. Eaton's newest additive manufact.

A PAC-2 interceptor is launched from a battery in Taiwan. SAM YEH/AFP via Getty Images Lockheed Martin announced a new PAC-3 interceptor on Monday that it said costs less than half the price of a regular Patriot missile.

The PAC-3 Adapted Capability Effector, or ACE, is "built to defeat a wide range of air and missile threats for less than half the cost of a PAC-3 MSE per unit," the defense giant said in a statement.

Described as a "low-cost interceptor," the PAC-3 ACE is designed to work fully with the Patriot missile weapon system and is tailored to counter higher-end threats such as air-breathing, cruise, and ballistic missiles.

Lockheed Martin did not disclose the cost of the PAC-3 ACE, but the regular PAC-3 Missile is priced at about $4.2 million per missile.

Lockheed Martin says the PAC-3 ACE is a new "low-cost interceptor" for the Patriot missile system.  Lockheed Martin Global demand for these missiles has soared as the wars in Ukraine and the Middle East have drained the US and its allies' stock of air-defense munitions.

Ukraine, which has been receiving shipments of Patriot interceptors from the West, has repeatedly said this year that its batteries are unable to cope with the sheer scale of Russia's onslaught of missile threats. Iranian drones and missiles, meanwhile, have depleted an estimated one-third of Patriot stockpiles as the US and the Gulf States launched over 1,100 of these interceptors during the conflict.

The expenditure rate so far has sparked concern about whether the US can sustain its Patriot stockpiles in a prolonged campaign or a peer war.

Lockheed Martin produces about 600 PAC-3 MSEs annually, though it plans to continue rapidly ramping up production.

It emphasized production pace and quantity on Monday, saying that the new PAC-3 ACE "speeds up development, testing, and deployment far beyond traditional programs."

The firm said it was collaborating with the European defense industry to produce the PAC-3 ACE, an arrangement already in place for the PAC-3 MSE. Some components of that missile are built in Germany, the Netherlands, Poland, and other NATO countries on the continent.

The older PAC-2 missile is built by Raytheon, which produces about 200 interceptors a year. It plans to partner with German firm MBDA to boost production to about 600 missiles a year in a new Bavarian plant.

Read next

Matthew Loh You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Matthew is a senior reporter at Business Insider's Singapore bureau, primarily covering defense and how the war in Ukraine is rapidly changing battle technology and tactics.He joined the team in June 2021, previously focusing on internet crime and labor, examining how these issues impact modern society in Asia, with a particular emphasis on China.In 2024, he won the Singapore Press Club's Young Journalist of the Year Award. His work from 2023 also won a silver award from the North American Travel Journalists Association and accolades from Longreads.Matthew's previous work has been featured in the South China Morning Post, as well as Singaporean news companies TODAY and The Business Times.As a student, Matthew's coverage of migrant workers' nutrition in Singapore during the COVID pandemic won the SOAP Story of the Month award and the Student Category prize in the International Labor Organization's 2021 Global Media Competition on Labour Migration.Selected features:

Death on the Savage Mountain: What really happened on K2, and why 100 climbers stepped over a dying man on their way to the summitThe nuclear weapons era is making a comeback, and experts say we're all not paying attentionHow nets from a Danish fishing village found their way into Ukraine's modern warInside Ukraine's race to crank out unjammable, fiber-optic drones that can break through Russia's electronic warfareFinding Dora Ukraine War

SINGAPORE, July 21, 2026 (GLOBE NEWSWIRE) -- Zoom Communications, Inc. (NASDAQ: ZM) today announced the appointment of Carlos Quaderi as Head of Asia Pacific (APAC), effective 1 August 2026, underscoring the company’s continued investment in APAC as a strategic growth region.
His appointment comes as organisations across APAC look beyond standalone productivity tools to AI-powered systems that reduce complexity, connect workflows and help teams move more quickly from conversations to completion.

Reporting directly to Graeme Geddes, Zoom’s Chief Sales and Growth Officer, Quaderi will lead Zoom's go-to-market strategy across APAC: Australia and New Zealand (ANZ), Asia, India and Korea, excluding Japan.

Quaderi previously served as Zoom's Head of Asia where he drove regional strategy, sales execution and go-to-market initiatives for Southeast Asia, Hong Kong SAR and Taiwan, he will now oversee the broader APAC region, working closely with regional teams and global leadership to advance the company’s strategic priorities, with a focus on the customer experience (CX) business, small and medium-sized business (SMB) segment, and channel expansion.

A seasoned industry veteran with more than 30 years of experience, he previously held senior leadership roles at Workday, Amazon Web Services and Microsoft, where he led go-to-market strategy and enterprise growth across Asia Pacific and Japan. Quaderi will remain based in Singapore, and will continue overseeing Zoom's Asia business through the transition.

“APAC is a critical growth region, and our continued investment reflects the opportunities we see across enterprise & SMB segments, CX business, and our partner ecosystem,” said Geddes. “Carlos has been instrumental in building our momentum, and expanding his leadership is a natural next step. His deep understanding of the region, customer focus and track record will help more organisations embrace Zoom's AI capabilities in ways that improve productivity, strengthen customer relationships and accelerate business growth.”

“Across APAC, teams are moving faster than ever, and they need technology that keeps pace without losing the human element and momentum,” said Quaderi. “I’m excited to work alongside our customers and partners in the region to help them unlock new possibilities with Zoom's AI-powered system of action and open ecosystem, connecting conversations, people and workflows so they can move faster from ideas to impact and achieve meaningful business outcomes.”

Zoom continues to invest across the APAC region, expanding its partner ecosystem and opening a new Singapore office. By integrating with existing business applications, the company’s open platform ecosystem helps organizations improve collaboration, deepen human connections, and elevate customer experiences with signature simplicity and reliability.

About Zoom
Zoom (NASDAQ:ZM) is a system of action for modern work, turning live collaboration into completed results. From entrepreneurs to global enterprises, customers choose Zoom to seamlessly collaborate, communicate, and drive outcomes across meetings, phone, contact center, and more — all with the built-in assistance of Zoom AI. Founded in 2011, Zoom is headquartered in San Jose, CA. For more information, visit

zoom.com.

Zoom Public Relations 
Hayley Yap
[email protected] 

Trump’s latest trade offensive has placed North America’s best-known manufacturers and consumer brands under scrutiny, with integrated US-Canadian supply chains facing a cost shock.

The White House imposed additional 50% duties on specified Canadian imports under three proclamations responding to disputes over motor vehicles, alcoholic beverages and dairy.

The covered tariff lines include products such as wine, cement and hockey sticks.

The duties apply to listed goods regardless of whether they qualify for preferential treatment under the USMCA and are scheduled to take effect 30 days after the July 20 announcement.

Energy, potash, products already subject to Section 232 tariffs and certain other goods, including some critical minerals, are excluded.

The question is which companies can shift production or pass on costs before margins weaken.

General Motors carries the highest-profile exposure because its manufacturing system spans both countries.

The company has invested C$3.3 billion in Canada since 2020, including C$1.5 billion in Oshawa, where it builds trucks and stamped components.

That footprint creates pressure points. Canadian-made vehicles or parts could become more expensive in the US, while components that cross the border during assembly may face disruption.

RBC Capital maintained an Outperform rating on July 13 and trimmed its price target to $94 from $95.

The call preceded the tariff announcement and implied substantial upside from Monday’s $75.80 close.

GM’s results will test whether truck pricing, cost controls and production flexibility can absorb the Canada-related shock without forcing weaker guidance.

Magna International may be the clearest supply-chain casualty because it supplies body structures, powertrains, electronics, seating and systems to multiple automakers.

A slowdown at several customers could hurt volumes.

Scotiabank maintained Sector Outperform on Monday and lifted its target to $74 from $72, according to MarketBeat.

RBC set a $66 target with a Sector Perform rating, while UBS carried a Neutral rating and $64 target.

The tariffs challenge that optimism. Magna may seek reimbursement from customers, but automakers could pressure suppliers to absorb some cost.

Lower production would create another hit through lower utilisation.

The issue is whether Magna has contractual protection and bargaining power to defend margins across its cross-border network.

Molson Coors has consumer exposure on both sides of the border, leaving it vulnerable to duties on Canadian-made beverages entering the US and retaliation against American alcohol sold in Canada.

The White House said all but two Canadian provinces and territories had halted sales of US alcoholic drinks.

Canadian imports of US alcohol fell about 81% in the year to February 2026.

UBS cut its Molson Coors target to $40 from $46 on July 16 while maintaining Neutral. Citi reduced its target to $42 from $47. Both calls came before the escalation.

With the shares pressured by weak beer demand, retaliation could turn a consumption slowdown into a deeper earnings squeeze.

Saputo presents a nuanced case as tariffs could make Canadian dairy products less competitive in the US, yet its manufacturing presence in both countries may allow production to shift domestically.

CIBC analyst Mark Petrie raised his target to C$49 from C$47 and retained an Outperformer rating after Saputo’s June results.

The consensus target stood near C$47.63 against Monday’s C$41.66 close.

Saputo’s US plants could provide an advantage over rivals dependent on Canadian exports, although shifting volume takes time and may involve added costs.

The tariffs create a 30-day negotiation and repricing window before companies report their next quarterly results.

GM and Magna face the clearest manufacturing shock, Molson Coors carries the greatest retaliation risk, and Saputo has the best operational hedge.

The decisive evidence will come from guidance and post-announcement analyst revisions, not pre-tariff ratings alone.

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Asijské ekonomiky vstupují do druhé poloviny roku pod tlakem geopolitického napětí na Blízkém východě, vyšších cen energií a nejistoty ohledně dalšího postupu amerického Fedu. Podle Fidelity International však tento region zároveň nabízí řadu zajímavých investičních příležitostí. Zatímco Čína těží z rostoucí síly domácích technologických firem a exportu zelených technologií, Japonsko může profitovat z oživení domácí ekonomiky a růstu menších společností. Klíčovým tématem zůstává také pokračující boom umělé inteligence, který podporuje výrobce čipů v Jižní Koreji a na Tchaj-wanu. Přesto Fidelity upozorňuje, že spolu s atraktivním růstovým potenciálem budou investoři muset počítat i s vyšší volatilitou.

Asie, region silně závislý v oblasti energetiky na Blízkém východě, byla výrazně zasažena dopady konfliktu v Perském zálivu. Ty však nebyly rovnoměrné - země dovážející energii čelí nedostatku dodávek a vyšším nákladům, zatímco země vyvážející energii těží z rostoucích cen komodit. Zároveň se značně liší schopnost jednotlivých zemí tlumit tento šok. K tomu vidíme prudce rostoucí investice do umělé inteligence (AI), které vlévají krev do žil regionálním výrobcům čipů i technologickým gigantům.

Přibližně 80 procent ropy procházející Hormuzským průlivem směřuje obvykle do Asie. Blokáda vedla k značnému energetickému šoku v regionu, který zmírňuje kombinace fiskálních a administrativních opatření i různá míra destrukce poptávky. Významný rozdíl se rýsuje mezi bohatšími ekonomikami severní Asie, jako jsou Čína, Jižní Korea a Tchaj-wan, které jsou schopny lépe zvládnout dopady konfliktu, a mezi ekonomikami jihu a jihovýchodu, jako jsou Indie, Thajsko a Filipíny.

Cesta k řešení situace v Perském zálivu bude pravděpodobně dlouhá a trnitá. Největším rizikem pro Asii je dlouhodobé uzavření Hormuzského průlivu, což by podpořilo celkovou inflaci v Asii a zatížilo zdejší ekonomiky.

Nejistota panuje také ohledně měnové politiky Fedu. Pokud Fed zvýší úrokové sazby, mohlo by to zkomplikovat situaci asijským centrálním bankám, které již nyní řeší dilema mezi snižováním úrokových sazeb na podporu růstu a jejich udržováním výše za účelem obrany proti oslabení měny a boje proti importované inflaci. Stručně řečeno, rozmanité makro nám bude dělat společnost i po zbytek roku 2026. To s sebou nese na jednu stranu jasná rizika, ale také zajímavé příležitosti pro investory v tomto regionu i mimo něj.

Čína

Čína se před tímto šokem do značné míry ochránila díky značným rezervám a diverzifikovanému energetickému mixu. S tím, jak jsou vyšší vstupní ceny stále více promítány na spotřebitele, může být dopad inflace způsobené nárůstem nákladů postupně viditelnější a trvalejší, což zmírní deflační tlaky. Nemovitostní trh, který se od roku 2021 potýká s propadem, rovněž vykazuje první známky stabilizace, což snižuje potřebu akutnějšího plošného uvolnění měnové politiky. Cílené stimuly zůstávají hlavním politickým nástrojem k překonání nepříznivých vlivů energetického šoku. K trvalému oživení spotřebitelské důvěry pravděpodobně nedojde, dokud se dále nezlepší výhled na trhu s nemovitostmi. Vzhledem k utlumené domácí poptávce bude ekonomika v letošním roce jako zdroje růstu záviset na vývozu a investicích.

Čím dál větší hodnotu spatřuje Fidelity International v čínských hardwarových firmách, které se staly dominantní silou na poli fyzického obchodu s AI. Inovace přibývají, podporovány rostoucími investicemi do výzkumu a vývoje a obrovskou zásobou talentů v Číně. Domácí giganti, jako jsou výrobci průmyslových robotů a polovodičů, získávají stále vyšší podíl na místním trhu na úkor zahraničních konkurentů, k čemuž přispívá i snaha vlády o technologickou a dodavatelskou soběstačnost.

Fidelity International upřednostňuje technologické akcie kótované na pevninské burze, kde převažují výrobci hardwaru. Mají jasnější ziskový výhled než čínské internetové společnosti kótované v Hongkongu, které jsou více závislé na oživení spotřeby v Číně a na tom, zda ustoupí tvrdá konkurence, kterou je tento sektor charakteristický.

Vývoz baterií, solárních panelů a elektromobilů z Číny rychle rostl – a to ještě před konfliktem s Íránem. Krize v Hormuzském průlivu nyní nutí vlády ve střednědobém horizontu urychlit přechod na obnovitelné zdroje energie. A právě z této celosvětově rostoucí poptávky by měl těžit strukturálně silný čínský export ekologických produktů. Konkrétně je Fidelity optimistická jak ohledně čínských výrobců baterií pro elektromobily, tak ohledně výrobců energetických přenosových zařízení.

Čínský „zelený“ export zrychluje na vlně globální energetické transformace

Zdroj: Čínská celní správa, Macrobond, Fidelity International, květen 2026

Japonsko

Hospodářské oživení Japonska pokračuje, podpořené expanzivní fiskální politikou a oživující se domácí poptávkou. Vzhledem k závislosti země na dovážené energii budou vysoké ceny ropy pravděpodobně tlačit na reálné příjmy a marže podniků, čímž se zvýší riziko ekonomického zpomalení. Drtivé volební vítězství premiérky Sanae Takaičiové v únoru však zvedlo pravděpodobnost další fiskální podpory. Očekáváme, že Japonská centrální banka (BOJ) bude úrokové sazby normalizovat postupným tempem, což pomůže ukotvit inflační očekávání, aniž by došlo k utlumení růstu.

Menší japonské společnosti, které jsou zahraničním investorům méně známé než jejich větší konkurenti, jako jsou například automobilky, začínají překonávat výkonnost širšího trhu. Dařit by se mělo firmám se střední kapitalizací. Ty jsou více orientovány na domácí trh, a tedy méně ovlivněny geopolitickými otřesy, a jsou v lepší pozici, aby využily trendu oživující domácí poptávky. Přestože mají vyšší ziskový růstový potenciál, jejich ocenění je níže než celkový tržní průměr, což zvyšuje jejich atraktivitu.

Japonské mid-cap společnosti nabízejí vyšší potenciál růstu zisků než širší trh
Růst 12měsíčních forwardových zisků 12měsíční forwardové P/E

Zdroj: LSEG Datastream, Fidelity International, květen 2026

Samozřejmě tu jsou i dílčí problémy. Vysoké ceny ropy zvyšují nejistotu ohledně načasování a rozsahu zvyšování úrokových sazeb. Přetrvávají například obavy ohledně udržitelnosti japonského dluhu a ochoty Japonské centrální banky (BOJ) předcházet inflaci, což by mohlo tlačit nahoru výnosy japonských státních dluhopisů. Trvalejší růst výnosů by mohl zvýšit diskontní sazbu akciím, srazit valuační násobky a zpřísnit finanční podmínky.

Boom v oblasti čipů

Jižní Korea a Tchaj-wan ovládly globální kapitálové výdaje do AI, a to díky intenzivní poptávce po paměťových čipech a polovodičích obecně. Tchaj-wan ovládá přibližně 90 procent nejmodernější výroby čipů na světě, zatímco Jižní Korea vede ve výrobě specializovaných pamětí potřebných pro umělou inteligenci. Výdaje na infrastrukturu potřebnou pro AI nadále zrychlují a jejich vrchol stále není v dohledu. Tyto výdaje se u některých asijských společností promítly do astronomického růstu zisků.

Rostoucí váha Jižní Koreje a Tchaj-wanu v indexu MSCI EM

Zdroj: Bloomberg, Fidelity International, květen 2026. Poznámka: Tržní váhy v indexu MSCI Emerging Markets

Tempo zlepšování velkých jazykových modelů je ohromující a umělá inteligence se stále více prosazuje v různých aplikacích a odvětvích. Na rozdíl od minulých cyklů, kdy poptávku poháněla spotřební elektronika, je současný „supercyklus“ poháněn závodem v kapitálových výdajích mezi některými z největších společností na světě, které všechny soupeří o vedoucí postavení v této oblasti. Přestože akcie dosahují nových maxim, rostou obavy ohledně trvání této rally. Vzhledem k vysokým ziskům a koncentraci trhu je tento sektor náchylný k výkyvům, pokud by poptávka po AI ochabla nebo by kapitálové výdaje zpomalily. Je vcelku pravděpodobné, že nás ještě čeká další růst těchto akcií, v blízké budoucnosti je však třeba dávat pozor na volatilitu.

Zions Bancorporation, National Association (ZION) Q2 2026 Earnings Call July 20, 2026 5:30 PM EDT

Company Participants

Dave Riches
Harris Simmons - Chairman & CEO
R. Richards - Executive VP & CFO
Scott McLean - President, COO & Director
Derek Steward - Executive VP & Chief Credit Officer

Conference Call Participants

John Pancari - Evercore ISI Institutional Equities, Research Division
David Smith - Truist Securities, Inc., Research Division
Manan Gosalia - Morgan Stanley, Research Division
Bernard Von Gizycki - Deutsche Bank AG, Research Division
Benjamin Gerlinger - Citigroup Inc., Research Division
David Chiaverini - Jefferies LLC, Research Division
Christopher McGratty - Keefe, Bruyette, & Woods, Inc., Research Division
Kenneth Usdin - Bernstein Autonomous LLP
Peter Winter - D.A. Davidson & Co., Research Division
David Rochester - Cantor Fitzgerald & Co., Research Division
Anthony Elian - JPMorgan Chase & Co, Research Division
Sun Young Lee - TD Cowen, Research Division
Christopher Spahr - Wells Fargo Securities, LLC, Research Division
Jon Arfstrom - RBC Capital Markets, Research Division

Presentation

Operator

Greetings, and welcome to the Zions Bancorp Second Quarter Earnings Conference Call. [Operator Instructions] Please note that this conference is being recorded. I'll now turn the call over to Dave Riches. Thank you, Dave. You may begin.

Dave Riches

Thank you, Julian, and good evening, everyone. Welcome to our conference call to discuss Zions Bank Corporation's Second Quarter 2026 results. My name is Dave Riches, Interim Director of Investor Relations. Before we begin, I would like to remind you that during this call, we will be making forward-looking statements. Actual results may differ materially. We encourage you to review the forward-looking statements and non-GAAP disclosures in our press release and on Slide 2 of today's presentation, which apply equally to statements made during this call.

A copy of the earnings release and the presentation are available at zionsbancorporation.com. For our agenda today, Chairman and Chief Executive Officer, Harris Simmons, will

Listen to the audio version of this article (generated by AI).

Editor’s Note: Technology has a way of making the invisible visible.

That’s true in medicine and science. And increasingly, it’s true in investing.

As computing power improves, researchers can analyze data in ways that simply weren’t possible a decade ago. Investors can, too.

That’s the backdrop for today’s article from TradeSmith’s Keith Kaplan. Keith explains how his team uses modern computing to analyze decades of market history, searching for recurring opportunities that would be nearly impossible to spot by eye – and why one of those opportunities has his attention today.

He shared the full framework during his Breakthrough 2026 event. Watch the free replay here. Then read on to see how that research translates into actionable investment ideas.

How often do you see a photo that makes you question everything you thought you knew?

That’s how Nobel Prize-winning biologist James Watson described seeing “Photograph 51” for the first time, in January 1953.

It was a strange, blurry image taken by British chemist Rosalind Franklin with a technique called X-ray crystallography.

It captured a crucial pattern in our DNA that no one had detected before. The DNA strands twisted and crossed into what we now know as the double helix.

Source: King's College London

Watson didn’t discover DNA – that happened back in 1869. But 80 years went by before Franklin’s X-ray image revealed the hidden pattern that had been there all along.

From Photograph 51 to Hidden Market Patterns Something similar is true of the stock market. On the surface it can seem random, but there are also hidden patterns to how stocks move. You just have to have the right technology to spot them.

And like the DNA double helix, you can’t do it with the naked eye. You need an X-ray view.

That’s what TradeSmith’s Seasonality software is designed to do. We ran thousands of stocks through the same test, going back 33 years of market history. And we found reliable windows when they tended to rise and fall.

These patterns have held up through bull and bear markets, manias and panics, wars, and pandemics.

Based on these signals, we created a rapid-fire trading strategy to pinpoint bullish seasonality windows on 5,000 stocks – to the day. In our backtests, the system got the direction right 83% of the time – meaning the stock finished the window higher, not lower.

What the 18-Year Backtest Showed The returns beat the broad market, too. In an 18-year backtest, a model portfolio of these seasonal trades returned 857%, versus 412% for the S&P 500. 

That doesn’t mean the system will deliver those exact returns when you run it live. But it’s an edge worth paying attention to.

On Thursday, more than 16,000 viewers joined me for my Breakthrough 2026 event to see how this X-ray view works.

I walked them through how one of the most important bullish windows in the entire market closes next week – and how it closes right as the market’s biggest names report earnings. It’s the kind of moment where your timing matters more than stock picking. 

Watch it here while it’s still online. Then read on for more on how this system works – and three seasonal setups for your radar right now.

How Stock Seasonality Finds Historically Strong Trading Windows Finding seasonal cycles in stocks on your own would be an enormous undertaking.

You’d have to pull up a one-year chart like this one for Google parent Alphabet (GOOGL).

Then line up one-year charts like this, one after the other, going back a decade or more…

…and keep track of how that stock behaved across thousands of trading windows.

Or you could just type GOOGL into TradeSmith’s Seasonality software. It averages as many years as you want and gives you one simple seasonality trend line. 

Best of all, it highlights “green days” when the stock has gone up 80% of the time or more. Plus “red days,” when it’s fallen more than 80% of the time. 

You can do this for pretty much any stock you want and map out high probability trade setups in advance. Not just the buy date, either – but the sell date, too.

Alphabet’s Strongest Seasonal Window Is Open In the past 15 years, GOOGL has had stretches of green days in January, May, July, and late October. But the best window is the one we’re in now:

Between June 29 and July 30, Google stock has gone up in 14 of the past 15 years with an average return of 8.7%. In 2025, the price action lined up almost perfectly, with GOOGL gaining 8.9% during that seasonally bullish window.

Two More Stock Seasonality Signals to Watch Take Deckers Outdoor (DECK), the maker of Ugg boots and Hoka running shoes. DECK’s next green zone is July 29 through Aug. 14. In that window, the average return was 3.5% over the past 15 years:

Then DECK has an especially strong bullish window starting Nov. 23. Buying that day returned an average 7% through Dec. 11. 

Those are the optimal patterns to follow our seasonality strategy, trading individual stocks at their absolute best times of year. 

Or take Applied Materials (AMAT), which builds machines that are used to make advanced computer chips.

It gained 10% during its first stretch of green days on our seasonality chart in January and February.

And in a seasonally bullish window in May, AMAT climbed 16.8%.

But don’t be surprised if that party ends by August. From July 30 to Aug. 31, AMAT has fallen 80% of the time, with an average loss of 2.9%:

No Signal, No Trade I’m sure you’ve noticed all the other times of year that don’t get these green or red windows. They’re times when there isn’t a statistically strong enough pattern to rely on. When the data doesn’t clear our bar, we leave it alone. No signal, no trade.

Using TradeSmith’s Seasonality tool, we’ve put this approach to the test across thousands of stocks, indexes, and even commodities and currencies.

And, as I mentioned up top, over an 18-year backtest following these seasonal trades delivered 857% in total returns – more than twice what the S&P 500 delivered over the same stretch.

The worst year in our test was 2007 – and even then, our strategy still turned a profit. It beat the S&P 500 by more than two to one that year.

The S&P 500’s Bullish Window Ends July 23 I dove into the details during my Breakthrough 2026 event.

I walked through the seasonal patterns coming up that you need to watch for… why they keep working even when markets get chaotic… and how to put them to work in your portfolio.

As you’ll see, getting your seasonal timing right could matter more to your wealth than any stock pick you make this year.

The next date to watch is July 23. That’s when one of the biggest green zones in the entire S&P 500 comes to an end.

Every prior year it’s closed, the market has turned choppy – and this time it closes right as Tesla, Amazon, Apple, and Microsoft report earnings. I don’t know which way the biggest names will break. 

But I’d rather watch that window close with my eyes open than be blindsided by the market regime shift it could trigger.

Catch the replay here. 

James N. Wilson, a director at Corcept Therapeutics Incorporated (CORT +1.25%), sold 10,000 shares of the company on July 15, 2026, according to an SEC Form 4 filing.

Transaction summaryMetricValueTransaction value$883,000Shares sold10,000Post-transaction shares (indirectly held)1,484,543Post-transaction value$132.97 millionTransaction value based on SEC Form 4 weighted average sale price ($88.30); post-transaction value based on July 15, 2026 market close ($89.57).

Key questionsWhat was the structural mechanism behind this transaction?
The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on March 12, 2026, which allows insiders to sell a predetermined number of shares at set times to avoid concerns about trading on non-public information.How is the insider's remaining equity distributed?
Wilson's remaining position of about 1.5 million shares is held through three indirect entities: the James N. Wilson and Pamela D. Wilson Trust (1,084,543 shares), the James N. Wilson 2025 Grantor Retained Annuity Trust (200,000 shares), and the Pamela D. Wilson 2025 Grantor Retained Annuity Trust (200,000 shares).What is the recent performance context for the stock?
At the time of the transaction on July 15, 2026, the company's shares had achieved a one-year return of about 25%, providing a backdrop of price appreciation for this routine liquidity event.Company OverviewMetricValueShare Price (as of market close 2026-07-16)$89.72Market Capitalization$9.6 billionRevenue (TTM)$769.1 millionNet Income (TTM)$47.3 millionCompany SnapshotCorcept Therapeutics is a specialty pharmaceutical company that discovers, develops, and commercializes treatments for serious metabolic, oncological, and neuropsychiatric disorders, with its flagship product Korlym (mifepristone) tablets generating substantial revenue from adult patients with endogenous Cushing's syndrome.The company operates a focused business model centered on the development and commercialization of targeted pharmaceutical therapies, generating revenue primarily through the sale of its approved medications to healthcare providers and patients in the United States.Corcept Therapeutics serves physicians and patients within specialty care settings, particularly those treating endocrine disorders and other serious metabolic conditions, with a target market encompassing hospital systems, specialty clinics, and individual practitioners across the United States.Corcept Therapeutics is a specialty pharmaceutical company with a market capitalization of $9.6 billion, generating TTM revenues of $769.1 million and net income of $47.3 million. The company maintains a focused pipeline strategy centered on its commercial flagship Korlym, which addresses a significant unmet medical need in endogenous Cushing's syndrome treatment, positioning it as a specialized player within the pharmaceutical sector with demonstrated profitability and revenue growth momentum.

What this transaction means for investorsWilson sold at $88.30, which is roughly two and a half times where this stock closed on the last day of 2025, when the New Year’s Eve session wiped out 50% of Corcept's value in a day, dropping shares to $34.83 after the FDA rejected relacorilant for hypercortisolism. That means the plan he adopted in March was written into a recovery, not a decline, and the timing looks less like a call than a schedule catching a rebound. His trusts still hold about 1.5 million shares, including two grantor retained annuity trusts set up last year, which is estate planning rather than exit planning.

Meanwhile, the ongoing rebound has a cause. The same drug the FDA turned away in December won approval in ovarian cancer, and Corcept raised full-year revenue guidance to between $950 million and $1.05 billion. CEO Joseph Belanoff said after the rejection he was "confident we will find a way" forward. For long-term investors, the December gap is an important lesson. One regulatory letter halved this company, and its next act still depends on how far a single molecule can stretch.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Corcept Therapeutics. The Motley Fool has a disclosure policy.