Track market-moving stories before they get noisy

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.

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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.

As America's first family expands its business empire, it is turning to unconventional financial partners such as Yorkville Advisors.

Meta Platforms (META 0.06%) is focusing on its AI development.

*Stock prices used were the afternoon prices of July 17, 2026. The video was published on July 19, 2026.

Parkev Tatevosian, CFA has positions in Meta Platforms. The Motley Fool has positions in and recommends Meta Platforms. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Coca-Cola (KO +0.69%) disclosed Thursday that a ransomware attack forced it to temporarily suspend U.S. production at Fairlife, its fast-growing dairy business, and the stock fell about 4% on Friday. For dividend investors, this looks like an operational headache -- not a threat to the payout.

Here's what happened. Fairlife identified unauthorized third-party access to portions of its systems, including production-related systems. The company halted U.S. production while it investigates with outside cybersecurity experts, though its Canadian operations continue unaffected. "Product quality and safety have not been impacted," Coca-Cola said in its press release about the incident. The full scope of the attack, the company acknowledged, is not yet known.

Image source: Getty Images.

How big is the hole? Fairlife matters more than a dairy brand might suggest. Its ultra-filtered milk and Core Power protein shakes have grown into a business that generated about $4 billion in retail sales in 2024, making it one of Coca-Cola's biggest growth stories of the past decade.

But scale is the key context here. Coca-Cola generated $12.5 billion of revenue in the first quarter alone. Even if U.S. Fairlife production stays offline for several weeks, the direct hit to Coca-Cola would be a small fraction of one quarter's revenue.

The dividend, meanwhile, rests on a much wider base. Coca-Cola raised its payout for a 64th consecutive year in February, lifting the quarterly dividend about 4% to $0.53 per share, and it paid shareholders $8.8 billion in dividends in 2025. At the current share price, the dividend stock yields about 2.6%. And the company generates the cash to back the payout -- management expects about $12.2 billion of free cash flow this year.

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The business also entered this mess with momentum. First-quarter organic revenue grew 10% year over year, and comparable earnings per share climbed 18% to $0.86.

The real checkpoint comes soon. Coca-Cola reports second-quarter results before the market opens on Tuesday, July 28. Expect management to address the attack directly -- how long production could stay down, what recovery will cost, and any change to the full-year outlook. That last item matters most.

Of course, ransomware is a legitimate operational risk, and shutdowns like this one can drag on longer than companies first expect. A prolonged outage would likely hand market share to rival dairy brands and take some shine off one of Coca-Cola's best growers.

But a six-decade dividend streak doesn't hinge on one brand's production line. Unless the July 28 report reveals damage far beyond what the company has described, the income case for Coca-Cola looks intact -- cyberattack and all.

LOS ANGELES, July 20, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, continues its investigation on behalf of Alphabet Inc. (“Alphabet” or the “Company”) (NASDAQ: GOOG) investors concerning the Company’s possible violations of the federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON ALPHABET INC. (GOOG), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.

What Happened?
On July 16, 2026, Bloomberg news reported that Alphabet’s Google is “months behind schedule on delivering Gemini 3.5 Pro, its most powerful flagship AI model” due to the Company’s ongoing coding efforts. Specifically, “[l]ate last month, Google updated the data being used to train Gemini in an attempt to improve [its] skills, but the results were disappointing.”

On this news, Alphabet’s stock price fell $16.40, or 4.4%, to close at $353.81 per share on July 16, 2026, thereby injuring investors.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email:  [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

Whistleblower Notice
Persons with non-public information regarding Alphabet should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email [email protected].

About Glancy Prongay Wolke & Rotter LLP
GPWR is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Recognizing the firm’s recent successes, GPWR was named one of Law360’s Securities Groups of the Year and ranked second-highest in total investor recoveries by Institutional Shareholder Services Securities Class Action Services in 2025. GPWR’s lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPWR’s past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron’s, Investor’s Business Daily, Forbes, and Money. Prior results do not guarantee a similar outcome.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles, CA 90067
Charles Linehan
Email:  [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.

Alphabet (GOOGL +1.54%) (GOOG +1.56%) and Microsoft (MSFT +2.21%) are two of the world's most prominent tech companies. Each has certainly earned their place among the Magnificent Seven. Both companies boast a portfolio of sticky products and services that generate massive cash flows.

These companies are also leaders in cloud computing and artificial intelligence (AI), which might be the two largest growth opportunities in tech for the foreseeable future. But which is better if you had to choose between the two?

Alphabet dominates the consumer-facing landscape, while Microsoft enjoys deep-rooted relationships with enterprises worldwide. In the end, it boils down to execution. Here's why that gives Alphabet a slight edge right now.

Image source: Getty Images

Alphabet's AI momentum is palpable Both companies are AI hyperscalers, pouring eye-watering amounts of capital into building data centers and other infrastructure to support widespread AI adoption. The pressure will only increase for these companies to monetize the infrastructure to justify spending the money. Alphabet is beginning to see the trickle-down impact of its AI investments. It has developed and integrated Gemini AI throughout Google Search, Android, and various software apps.

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Growth is accelerating across Alphabet, with revenue up 22% in the first quarter of 2026, compared with 12% a year ago. AI features, such as its AI overviews, are driving engagement in Google Search. Google's ad revenue increased 19% in the first quarter of 2026, versus 10% the prior year. Growth accelerated even more in Google Cloud, with revenue soaring 63% versus 28% a year ago, and operating profit more than tripling to $6.6 billion.

Microsoft has struggled to forge an AI identity of its own Microsoft took an entirely different approach to AI, initially investing in and partnering with OpenAI, the creator of ChatGPT. In one sense, it worked. Microsoft's approximately 27% stake in OpenAI is worth around $230 billion, and ChatGPT's immense usage has helped Microsoft grow its Azure cloud business. Commercial remaining performance obligations doubled to a whopping $627 billion. There's no doubt that it's been profitable.

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But the company's relationship with OpenAI has cooled over the past year. It has also left Microsoft without a notable AI identity of its own. It has integrated Copilot AI into its software products but has struggled to win users away from ChatGPT and Claude, despite Microsoft's deeply entrenched enterprise relationships. Copilot's sluggish adoption hasn't financially damaged Microsoft. Still, it seems like a missed opportunity at the very least.

Two tech stalwarts, but only one winner today Microsoft could absolutely gain in the AI race. Enterprises could begin to use Copilot more, especially after Microsoft's pivot toward using multiple models in Copilot. However, Alphabet is already executing at a high level, and Gemini has carved out a major slice of the consumer AI market, where it primarily competes. Alphabet will surely continue to go after enterprise market share as well, but that's gravy when you're already so strong in other areas.

Plus, Azure is already so large that Microsoft may eventually struggle to grow cloud revenue. On the other hand, Google Cloud is much smaller, and it can still move the needle for Alphabet as it continues to blossom. Wall Street analysts estimate that both companies will grow earnings by about 16% to 17% annually over the next three to five years. Microsoft is notably less expensive at 20 times forward earnings estimates, versus Alphabet at 24 times.

GOOGL PE Ratio (Forward) data by YCharts

Alphabet and Microsoft are both remarkable companies and among the best in their respective fields. Choosing between them is like picking your favorite child. That said, being a long-term investor is about thinking years ahead and gauging which company is more likely to maintain its competitive edge. Even though Microsoft trades at a more attractive valuation right now, Alphabet's momentum with Gemini gives it the edge. But ultimately, it's hard to go wrong owning both.

Bank Earnings Are Roaring, But Wall Street Isn't Ready to CelebrateNVIDIA NASDAQ: NVDA used its 2026 SIGGRAPH Research Keynote to outline a broad push to combine computer graphics, simulation and artificial intelligence, including a new DLSS 5 technology for real-time rendering, advances in AI-assisted physics simulation and new additions to its Cosmos world foundation model platform for physical AI.

The keynote opened with NVIDIA framing computer graphics as entering “a new era,” with AI increasingly tied to rendering, simulation, robotics and digital twins. Jensen, who introduced the session, said NVIDIA’s history at SIGGRAPH has included programmable GPUs, CUDA, RTX and Omniverse, and argued that virtual worlds will be central to training robots before they operate in the real world.

Get NVIDIA alerts:

2 Quantum Stocks That Could Challenge IonQ’s Leadership“Before robots operate in the real world, they will learn in virtual worlds with synthetic experiences,” Jensen said. “That is why computer graphics matter more than ever.”

DLSS 5 Targets Real-Time Photorealism Edward Liu, NVIDIA’s Director of Applied Deep Learning Research and the technical leader behind DLSS, introduced DLSS 5, describing it as a new generation of the company’s AI rendering technology. Liu said DLSS 5 uses traditional rendering as a foundation, then applies generation to enrich the final appearance of the image in real time.

The SK Hynix IPO and 2027’s AI Memory Squeeze“The renderer keeps building the world exactly as the game has authored it,” Liu said. “The generation becomes the learned stage afterwards to enrich its appearance.”

Liu said DLSS 5 is intended to combine the controllability of rendering with the photorealistic knowledge learned by generative models. He emphasized that the technology is not designed to replace graphics pipelines, but to extend them. He described DLSS 5 as adding a third category of AI use in real-time rendering, alongside reconstruction and function approximation.

According to Liu, NVIDIA had to address three core challenges: preserving artistic intent, maintaining temporal coherence frame by frame and fitting within the tight performance budget of real-time games. He said the model uses renderer outputs and internal buffers such as albedo, surface normals and lighting information to preserve details that are important to a scene, while enhancing elements such as subsurface scattering, material response, contact shadows and environment lighting.

Liu said DLSS 5 runs causally, “one frame in, one frame out,” without looking ahead, and was distilled into a smaller one-step pixel-space diffusion transformer model focused specifically on making real-time rendering appear more realistic. He said DLSS 5 is “shipping this fall.”

Artists Get Controls Over AI-Enhanced Frames Gaff, described as a creative artist, demonstrated how developers and artists can direct DLSS 5. He said the technology respects the original rendered frame and does not change geometry, but can uplift images by improving contrast, ambient occlusion, contact shadows, reflections and subsurface scattering.

Gaff showed controls including different models, structure intensity and tone intensity. He said developers can choose different models for different scenes or cut scenes, and can use masks to apply DLSS 5 effects to specific characters, props or parts of an environment.

“DLSS 5 is fully controllable from the developer,” Gaff said, adding that NVIDIA is working with partners to incorporate feedback so the technology can serve artists, art directors and creative directors.

NVIDIA Highlights AI Physics for Simulation Neil Ashton discussed physics-based simulation and how AI could help reduce the computational cost of high-fidelity simulations. He pointed to a large climate simulation running on more than 20,000 GPUs at one-kilometer resolution and a 50 billion-cell grid, calling it an example of the accuracy possible with physics-based methods but also a reminder of their cost.

Ashton said AI models trained on simulation data are already being used in weather and climate, where they can predict future weather in seconds or minutes compared with hours or days. He said weather centers now use AI models in production, and highlighted StormScope as an advanced AI model trained on satellite and observation data for storm prediction.

He also described applying similar methods to engineering simulations, such as airflow over aircraft. Ashton said an open dataset of roughly 2,000 aircraft simulations generated about 200 terabytes of data, while the trained model checkpoint was about 200 megabytes. He said the model could predict unseen geometries or boundary conditions more than 10,000 times faster, with accuracy within about 1% or 2%.

Cosmos Platform Expands for Physical AI Ming Liu, VP of the Cosmos Lab at NVIDIA, said physical AI faces a data problem because robots need to learn from the real world, but real-world data is slow to collect. He described Cosmos as NVIDIA’s world foundation model for physical AI developers, designed to provide better data, better environments and better starting points.

Liu said Cosmos can support world understanding, prediction, simulation and action using one shared representation, based on the idea that physical AI tasks draw from the same physics. He described a mixture-of-transformers architecture with an autoregressive tower for reasoning and a diffusion tower for generation, aligning language, vision, audio and action.

Liu announced Cosmos 3 Edge, a four-billion-parameter model built to run real time on devices such as Jetson Thor, RTX and DGX Spark. He said it is intended to enable robot policy and video analytics without a round trip to a data center. NVIDIA also demonstrated a robot arm and camera connected to Jetson Thor running Cosmos 3 Edge policy for real-time control.

Liu also announced Cosmos Dreams, described as neural closed-loop simulators. The first version is designed for autonomous vehicles, generating what vehicle sensors will see based on actions taken by a policy model. In a live demo, Andy showed an autonomous driving simulation generated from a single frame and controlled with a PS5 controller, running on a single RTX 6000 Ada Generation workstation GPU.

Liu said Cosmos Dreams can be used for policy verification and training by generating scenarios that are difficult to craft in the real world. He said Cosmos is being used across NVIDIA efforts including Metropolis VSS, Isaac, Optane and GR00T, and invited developers and partners to join the Cosmos platform.

About NVIDIA (NASDAQ:NVDA)NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

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

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

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Investors are increasingly concerned about the risks that AI poses to Salesforce (CRM +1.80%).

*Stock prices used were the afternoon prices of July 18, 2026. The video was published on July 20, 2026.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Salesforce. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Palantir (PLTR +2.06%) is scheduled to report quarterly financial results that could have huge implications.

*Stock prices used were the afternoon prices of July 17, 2026. The video was published on July 19, 2026.

Parkev Tatevosian, CFA has positions in Palantir Technologies. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

The company reported excellent quarterly results.

*Stock prices used were the afternoon prices of July 18, 2026. The video was published on July 20, 2026.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

One white-hot segment at the intersection of the tech and cryptocurrency sectors did very well for investors as the trading week kicked off. Crypto miners, which as a group have pushed harder into the lucrative field of data center operations, saw their stocks rise sharply on Monday.

This rally, which helped lift Mara Holdings (MARA +8.84%) by more than 9%, was driven by two fresh multi-billion-dollar deals announced by segment players that day.

Mining a different strategy The first of those two announcements was trumpeted by Iren, once upon a time a company known almost exclusively as a Bitcoin miner.

Image source: Getty Images.

Iren revealed, no doubt with immense satisfaction, that it had signed a set of multi-year contracts with top artificial intelligence (AI) developers, under which it'll provide compute capacity to those clients. With that strong tailwind at its back, Iren raised its annual AI cloud run rate revenue guidance from $3.7 billion to over $4 billion.

Not to be outdone, peer and rival Hut 8 announced that it had signed a new lease with a tenant at its Beacon Point data center complex in Texas. This contract, the second lease with the tenant, is worth $9.8 billion and has a 15-year term. Hut 8 did not divulge the identity of its counterparty.

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A series of serious lifts Mara Holdings wasn't directly involved in either of these deals, but it didn't need to be. On the market, a rising tide often lifts all boats. The company is similar in business activity and shares the pivot-into-AI-data-center strategy successfully being implemented by Iren and Hut 8.

While I think the foundational Bitcoin mining business will continue to be up and down for Mara Holdings, it's clear that its data center operations can be quite the powerful motor of growth. I don't blame investors for being very bullish on the prospects of pivoting crypto miners generally, and this company specifically.

Eric Volkman has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy.

In the latest close session, Rithm (RITM - Free Report) was down 1.29% at $9.20. This change lagged the S&P 500's daily loss of 0.19%. Meanwhile, the Dow experienced a drop of 0.59%, and the technology-dominated Nasdaq saw a decrease of 0.05%.

Shares of the real estate investment trust witnessed a gain of 1.41% over the previous month, trailing the performance of the Finance sector with its gain of 2.54%, and outperforming the S&P 500's gain of 0.55%.

Market participants will be closely following the financial results of Rithm in its upcoming release. The company plans to announce its earnings on July 28, 2026. It is anticipated that the company will report an EPS of $0.5, marking a 7.41% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.46 billion, up 19.89% from the year-ago period.

For the full year, the Zacks Consensus Estimates project earnings of $2.23 per share and a revenue of $6.02 billion, demonstrating changes of -5.11% and +37.48%, respectively, from the preceding year.

Investors should also take note of any recent adjustments to analyst estimates for Rithm. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.55% downward. Currently, Rithm is carrying a Zacks Rank of #4 (Sell).

Valuation is also important, so investors should note that Rithm has a Forward P/E ratio of 4.18 right now. This represents a discount compared to its industry average Forward P/E of 10.79.

The Financial - Miscellaneous Services industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 176, placing it within the bottom 29% of over 250 industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

Steel Dynamics, Inc. has surged 80% over the past year, driven by U.S. steel tariffs and robust pricing momentum. STLD's aluminum plant ramp-up should drive a free cash flow inflection, with profitability expected next year as production scales. Strong cost control and a stellar balance sheet underpin a secure dividend and active share buybacks, with leverage at 1.2x.