Track market-moving stories before they get noisy

Japan’s Finance Minister Satsuki Katayama announced at the Open QUICK 2026 seminar, organized by leading financial information provider QUICK on July 10, that the government is progressing as scheduled in the process to legalize crypto asset exchange-traded funds (ETFs) in the country. This development follows growing international interest in similar financial products abroad.

Regulatory shift for crypto assetsRecently, Japan’s House of Representatives approved a regulatory change transferring the oversight of spot crypto assets from the Payment Services Act to the Financial Instruments and Exchange Act. This move paves the way for crypto assets to be classified as fully regulated financial products, aligning their legal framework more closely with that of equities and bonds.

Finance Minister Satsuki Katayama confirmed that the government is proceeding with the legalization of crypto asset ETFs as originally intended.

The new regulation strengthens the legal basis for crypto asset ETFs to be listed and traded on Japanese exchanges. Under the current timetable, these products may begin trading on Japan’s markets as early as next year.

SBI develops two innovative fund offeringsIn May, SBI Holdings announced the launch of a new crypto asset ETF. The company’s plans include a dual-asset ETF structure that will provide investors with regulated access to both Bitcoin and XRP. As one of Japan’s largest financial groups, SBI operates across banking, brokerage, and asset management services.

In addition, SBI proposed a hybrid investment fund bringing together gold-based ETFs and crypto asset ETFs. In this structure, 51% of the portfolio would be allocated to gold ETFs, while the remaining 49% would be dedicated to crypto assets such as Bitcoin ETFs. This approach targets more cautious institutional and retail investors seeking diversified exposure.

ProductContentTarget audienceDual-asset ETFBitcoin and XRPInvestors seeking regulated crypto accessHybrid fund51% gold-based ETF, 49% crypto asset ETFMore cautious institutional and retail investorsAmbitious asset growth and competitionSBI aims to reach approximately 5 trillion yen, equivalent to $32 billion in assets under management, within three years of launching these products. This target represents a bold step for crypto-themed investment products within Japan’s financial sector and signals significant anticipated demand.

The company also hopes to secure an early market advantage by moving ahead of major Japanese financial groups such as Nomura and Rakuten Securities. With expanding regulatory clarity, competition in the crypto ETF space in Japan is expected to intensify in the coming period.

Ripple partnership comes to the foreSBI’s inclusion of XRP in its ETF plan aligns with its longstanding corporate partnership with Ripple. Known for its XRP-focused payment solutions, Ripple has established close business relationships in the Japanese market, and this collaboration continues to play a significant strategic role for SBI.

SBI is developing a structure uniting Bitcoin and XRP within the same fund, while also introducing a separate model that combines gold and crypto asset ETFs in a single portfolio.

Through these initiatives, SBI seeks to attract both aggressive crypto investors and more risk-averse clients, offering diverse routes to engage with digital assets under a regulated framework.

Market analysts expect SBI’s pioneering approach and regulatory developments to spur wider adoption of crypto ETFs in Japan, potentially altering the landscape for both institutional and retail participation in the coming years.

As Japan prepares to launch crypto asset ETFs, the convergence of traditional finance and blockchain technology is poised to reshape investment options in the country, with major players vying for leadership in a rapidly evolving sector.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

BlackRock has transferred 8,700 ETH—valued at approximately $15.81 million—to Coinbase Prime in the latest significant move tracked on the blockchain. According to data from Onchain Lens, the transfer originated from wallets linked to BlackRock’s Ethereum ETF, known by its ticker ETHA, coinciding with escalating outflows from the fund.

Transfer coincided with mounting ETF redemptionsOn the same day, BlackRock’s spot Ethereum ETF, ETHA, saw a net outflow of 7,240 ETH, representing around $12.67 million. This continued a trend of weak capital inflows into Ethereum ETFs, underlining continued pressure on the investment products amid challenging investor sentiment.

BlackRock, one of the world’s largest asset managers, remains under close observation in the cryptocurrency ETF sector. Coinbase Prime, on the other hand, serves as a leading platform offering custody, trading, and execution services tailored to institutional clients navigating the digital asset space.

According to Onchain Lens, 8,700 ETH was moved from BlackRock’s ETHA-linked wallets to Coinbase Prime during the exact period when substantial outflows hit ETHA.

Outflows deepen in Ethereum ETFsData for July 9 shows total daily outflows from spot Ethereum ETFs reaching $52.08 million. The largest single-fund withdrawal was recorded in Fidelity’s FETH. These figures highlight persistently weak short-term investor demand across the sector.

ETF flows have become a key barometer of overall market sentiment in recent quarters. June stood out as a period of heightened redemptions, with Ethereum ETFs seeing $690 million in net outflows—extending the negative streak that began in the first quarter of the year.

ItemAmountBlackRock transfer8,700 ETHTransfer value$15.81 millionETHA daily outflow7,240 ETHETHA daily outflow value$12.67 millionTotal daily Ethereum ETF outflow$52.08 millionNet figure after June$690 million net outflowMarket looks to Q3 signalsFollowing a lackluster first half of the year, investors have begun watching for signals that could shape the remainder of 2026. Historical data suggest that the third quarter has sometimes marked the beginning of recovery phases for Ethereum.

Analytics from CoinGlass reveal that since 2016, Ethereum has averaged an 8.08% return in third quarters, finishing seven out of the last eleven Q3 periods in positive territory. Notably, Q3 of 2025 saw a robust 66.55% surge.

Despite prior years hinting at stronger Q3 trends, investors are cautious, noting that a lack of new catalysts means past performance alone might not be enough to spark a sustainable recovery.

It is repeatedly emphasized that historical results are no guarantee of future outcomes. Over the past 24 hours, Ethereum posted a 2.6% gain, outperforming Bitcoin and climbing to $1,790. This price action fuels ongoing debate about whether ETH can break above its pattern of descending highs and lows.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

An exploit drained roughly 16 million ADA, about $2.4 million, from 374 Cardano wallets in late June. What happened next is the interesting part: EMURGO, one of Cardano’s founding entities, announced a recovery path to return the assets within two weeks, while an independent forensic team including Mt. Gox veterans published competing findings. Crypto has spent fifteen years insisting stolen funds are gone forever. Cardano is running a live experiment in whether that has to be true, and every chain is watching the precedent.

Summary

A Cardano linked exploit drained about 16 million ADA from 374 wallets, with EMURGO outlining a two week plan to return affected users’ funds. Independent investigators challenged parts of the official account, putting competing forensic findings at the centre of how victims could qualify for restitution. The recovery effort is testing whether a blockchain ecosystem can compensate theft victims without reversing the ledger or compromising decentralization principles. Between June 21 and 23, an exploit connected to a protocol called SecondFi drained approximately 16 million ADA, worth about $2.4 million, from 374 addresses on Cardano. As crypto thefts go, it barely registers: the industry loses that much most weeks, and 2026’s running total makes $2.4 million a rounding error. The theft is not the story.

The story is the response. Within days, EMURGO, the commercial arm among Cardano’s founding entities, announced it had identified a recovery path for affected users and would begin returning assets within roughly two weeks, one week to build the recovery mechanism and one to test it. Simultaneously, an independent forensic team, Tibane Labs, whose personnel include investigators from the Mt. Gox case, crypto’s original catastrophic theft, published a competing analysis of what actually happened, disputing elements of the official account. And the affected community, 374 wallets whose owners did nothing wrong beyond using a protocol, became the test population for one of the most consequential questions in the industry: whether a blockchain ecosystem can make theft victims whole without breaking the properties that make it a blockchain.

That question has a fifteen-year history of being answered no, at enormous cost, and a handful of famous exceptions that each bent the rules in a different way. Ethereum rolled back its ledger once, in 2016, and the decision split the chain permanently. Exchanges have reimbursed hacks from their own treasuries. Protocols have negotiated with attackers, paying bounties for returns. But a founding entity engineering restitution for users of a third-party protocol, on a chain whose ledger will not be rolled back, through a mechanism built and tested in two weeks, is a new entry in the genre, and its outcome, success, failure, or messy middle, will be cited in every post-exploit governance fight for years. This piece covers the exploit as best the competing forensics allow, the anatomy of the recovery mechanism and the hard constraints it must respect, the restitution genre’s history and where this attempt sits in it, the moral-hazard and precedent questions that make recovery controversial even when it works, and what the two-week experiment will actually prove.

What happened, as far as the forensics agree The reconstruction begins with an unusual feature: there are two of them. The official account, from EMURGO and ecosystem responders, describes an exploit connected to SecondFi that extracted funds from user wallets across a three-day window, with 374 affected addresses and roughly 16 million ADA taken. The independent account, from Tibane Labs, a forensic team whose resume includes the Mt. Gox investigation, examines the same on-chain evidence and disputes elements of the official narrative, a disagreement whose specifics matter less, for this piece’s purposes, than its existence: three weeks after the event, the ecosystem’s official and independent investigators have not converged on a single story of what occurred.

That divergence is itself a finding about the state of crypto incident response.

On-chain data is perfectly preserved and public, which is why blockchain forensics can achieve certainties conventional financial investigation cannot; but the interpretation layer, which contract behavior was intended, which approvals were informed, where the boundary between exploit and design flaw sits, remains contested terrain where reputations, liability, and recovery eligibility all hang on the framing. The pattern is familiar from the anatomy of every major protocol disaster: the chain records what happened with perfect fidelity and no opinion, and the fight is always over what it meant. For the 374 wallet owners, the practical consequence is concrete: the recovery mechanism’s design, and who qualifies for it, depends on which reconstruction prevails, which is why competing forensics are not academic but constitutive of the restitution itself.

The scale deserves honest framing too. Sixteen million ADA is about 0.04% of circulating supply; $2.4 million is small enough that EMURGO could plausibly reimburse it from corporate resources without any mechanism at all. The choice to build a recovery process instead, engineered, tested, documented, signals that the exercise is understood by its architects as infrastructure, a template being built at low stakes for use at higher ones, which is exactly why it merits the scrutiny this piece gives it.

The mechanism: what recovery can and cannot mean Every recovery attempt on a public blockchain operates inside the same iron constraint: the ledger does not go backward. Cardano’s history will not be rewritten; the stolen ADA sits wherever the attacker moved it, validly, as far as the protocol is concerned. Whatever EMURGO’s two-week build produces, it is not an undo button, and enumerating what it can be maps the entire design space of crypto restitution.

The first family is interception: if stolen funds sit on exchanges or touch regulated venues, they can be frozen and clawed back through compliance channels, the path that has recovered the largest sums industry-wide and the reason attackers launder through mixers and cross-chain routes, the bridge-hopping playbook every major theft now follows. Its reach ends where the attacker’s operational security begins. The second is negotiation: bounty offers converting attackers into white hats retroactively, effective embarrassingly often, and dependent entirely on the attacker’s incentives.

The third is replacement: making victims whole from some treasury, corporate funds, protocol reserves, an ecosystem pool, without touching the stolen assets at all, which is restitution in the economic sense and abandons recovery in the literal one. The fourth, rarest and most Cardano-specific in this instance, is mechanism-level remediation: where the exploited system itself, a protocol’s contracts, a wallet standard, retains any authority over the affected assets or their derivatives, that authority can sometimes be repurposed to restore balances, the approach that requires exactly the one-week-build-one-week-test cadence EMURGO described.

The announced timeline suggests a combination weighted toward the third and fourth families, and the details, at this writing, remain unpublished, which is appropriate caution and also part of the test: restitution mechanisms revealed before deployment invite gaming by exactly the adversaries they respond to. What can be evaluated in advance is the constraint set any design must satisfy. It must distinguish victims from opportunists, on-chain, against forensics that are themselves disputed. It must not create authority that persists after the emergency, because a standing power to reassign user balances is a bigger vulnerability than any exploit. It must not require the base protocol to special-case the event, the line Cardano’s own decentralization principles, governed by DReps precisely to prevent unilateral intervention, will not permit crossing. And it must complete fast, because every week of delay compounds the harm and shrinks the interceptable share. Two weeks, against those constraints, is aggressive, and the aggressiveness is the announcement’s real content: EMURGO believes the mechanism exists and is discoverable on a schedule.

The victims’ fortnight: what waiting inside a recovery is like The 374 addresses deserve a section of their own, because restitution debates chronically abstract the people they are about, and this population is unusually legible. The affected wallets skew small: the $2.4 million total across 374 addresses averages under $6,500 per victim, savings-scale money for the retail holders who dominate Cardano’s famously loyal base, not fund-scale positions with legal departments and insurance. Their fortnight is a specific experience the industry has never bothered to design for: funds visibly gone, an official promise of return on a stated schedule, competing expert accounts of what even happened, and no action available except watching announcements, a limbo in which every day of official silence gets read as bad news and every community rumor moves through the victim population at chat speed.

Two features of this experience matter beyond sympathy. The first is that victim behavior during recovery windows is itself an attack surface: fake recovery portals, phishing campaigns impersonating the restitution process, and advance-fee scams targeting exactly this population appear within days of every publicized exploit, harvesting victims a second time, and the quality of official communication, clear channels, signed announcements, explicit warnings that no one will DM them, is as much a part of the mechanism’s success as its code. The second is that the fortnight sets the template for what users can expect from the ecosystem, and expectations are load-bearing: an institution-courting chain whose retail base learns that infrastructure failures get handled competently retains those users through the next incident, while a botched communication cycle converts a $2.4 million exploit into a permanent trust discount far more expensive than the theft. The recovery’s architects are, whether they framed it this way or not, running crypto’s first serious customer-service operation for a decentralized loss event, and the industry’s notes on it will be as valuable as the mechanism itself.

The genre: how crypto has answered theft before The SecondFi experiment enters a genre with a defined canon, and its position in that canon is what gives a $2.4 million incident industry-wide stakes.

The founding text is Ethereum’s 2016 DAO intervention: facing the theft of a double-digit share of all ETH, the community altered the ledger to reverse it, and the decision’s price was permanent schism, the unaltered chain persisting as Ethereum Classic and the precedent haunting every subsequent governance debate. The lesson the industry took was that base-layer intervention works exactly once, at existential scale, and costs a chain’s neutrality forever; no major network has repeated it, through losses orders of magnitude larger. The second tradition is the exchange model: centralized custodians from the Mt. Gox estate through the modern majors have run reimbursements, creditor processes, and insurance funds, restitution as a corporate liability question, effective where custody was centralized and irrelevant where it was not. The third is the protocol-treasury model: DeFi projects reimbursing exploits from token treasuries or negotiated bounties, case by case, with outcomes ranging from full restoration to governance-vote refusals that left victims holding the loss, a genre in which the liquidation-era bad-debt socializations supplied some of the bitterest chapters.

What the canon lacks, and what SecondFi supplies, is the founding-entity model on a decentralization-first chain: an ecosystem steward, not the thief’s counterparty, not the ledger’s operator, engineering restitution for a third-party protocol’s users without touching the base layer. Cardano is, in one sense, the natural venue for the attempt, its culture prizes formal process and its governance apparatus is unusually explicit, and in another sense the hardest one, because the same culture treats ledger neutrality as close to sacred, and the community debate around the recovery has featured exactly the voices, on exactly the lines, the DAO fight canonized: make victims whole versus code is law, with a decade of intervening history sharpening both sides.

The timing layer: why this experiment, this month The recovery’s context supplies half its meaning, because the experiment is running inside the most delicate month Cardano has had in years, and every audience the mechanism performs for is watching for its own reasons.

The institutional audience arrived the same week: Clearstream, Deutsche Borse’s post-trade arm with trillions in custody, added ADA to its regulated custody services on July 7, the most significant institutional on-ramp in the asset’s history, landing days into the recovery window. Institutions selecting crypto assets audit precisely the thing SecondFi tests, how an ecosystem behaves when its infrastructure fails, and the recovery’s execution is, functionally, a live due-diligence exhibit for every custody and ETF conversation the ecosystem hopes to have. The market audience is watching a fragile turn: ADA rebounded roughly 30% from multi-year lows in the same fortnight, whale wallets accumulated through the crash while on-chain usage thinned, and the recovery sits inside a sentiment window where a competence story compounds the bounce and an incompetence story validates the lows. And the governance audience is internal: Cardano’s DRep apparatus and its constitutional culture have spent two years building the machinery of collective decision-making, the Van Rossem fork is moving through exactly that machinery this month, and a founding entity executing an emergency restitution adjacent to, but not through, the formal governance process is itself a constitutional data point, read closely by everyone who cares where the ecosystem’s real authority lives.

The timing also explains the two-week aggression. A recovery that completes before the news cycle moves on is an asset; one that drags into autumn is a liability regardless of outcome, because unresolved incidents metastasize in exactly the audiences above. The schedule is the strategy, and its keeping or slipping is the first verdict the experiment will render.

Moral hazard, precedent, and the case against success The strongest objections to the recovery deserve their full weight, because they are not callousness; they are the accumulated lessons of the genre.

The moral-hazard argument runs: every successful restitution teaches users that losses get reversed, which erodes the diligence that self-custody requires, subsidizes risk-taking on unaudited protocols, and converts founding entities into implicit insurers of an ecosystem they cannot actually underwrite, a liability that compounds until an exploit arrives at a scale no one can cover, whereupon the implicit promise defaults at the worst moment. The precedent argument runs deeper: a proven capability to restore balances is a proven capability to reassign them, and every government, litigant, and pressure group learns from the proof; the neutrality that makes public chains valuable is precisely the credible inability to do favors, and each benevolent exception prices that credibility down. And the selection argument is the practical edge of both: 374 wallets got a recovery mechanism because their loss was legible, bounded, and adjacent to a founding entity’s reputation, while the ecosystem’s countless smaller victims, of rug pulls, drainers, and their own mistakes, get nothing, which converts restitution from a principle into a lottery whose winners are chosen by newsworthiness.

The answers, from the recovery’s defenders, are also serious. Users harmed by infrastructure failures they could not have evaluated are not moral-hazard cases but consumer-protection ones, and an industry courting mainstream adoption cannot tell mainstream users that their diligence should have included auditing smart contracts. Precedent cuts both ways: an ecosystem that visibly cares for its users compounds trust, the asset every chain claims to optimize, and the intervention line, no base-layer changes, no persistent authority, can be held publicly and verifiably. The honest synthesis is that both sides are describing real gradients, and the experiment’s value is precisely that it will convert the argument into evidence: a recovery that completes cleanly, inside its constraints, without scope creep, is a data point the make-whole side has never had on a decentralization-first chain, and a recovery that fails, stalls, or requires quiet rule-bending is the strongest code-is-law exhibit since the DAO.

The forensics fight: why the second opinion matters The Tibane Labs dimension deserves fuller treatment before the conclusion, because independent forensics entering a live recovery is nearly as novel as the recovery itself, and its implications outlast this incident.

Crypto incident analysis has historically been a monopoly of the responding party: the exploited protocol, the affected foundation, or the security firm they retain writes the post-mortem, and the community consumes it as fact, with no institution playing the adversarial-review role that accident investigation runs on in every mature industry. The entry of an unaffiliated team, staffed by investigators whose formative case was Mt. Gox, the theft whose decade of creditor litigation taught crypto what unresolved forensics cost, breaks the monopoly on exactly the incident where the official account carries financial consequences: eligibility for restitution flows from the accepted reconstruction, and a disputed reconstruction means disputed eligibility, appeals, and the exact procedural morass the two-week schedule cannot absorb.

The dispute’s existence, whatever its resolution, teaches two durable lessons. The first is that restitution mechanisms need an evidentiary standard before they need code: who adjudicates victimhood, against which account of events, with what appeal path, questions the traditional financial system answers with courts and regulators and that a decentralized recovery must answer with something, publicly, in advance, or improvise under fire. The second is that a market for adversarial blockchain forensics is forming, funded by exactly these disputes, and its emergence is unambiguously healthy: official accounts that expect independent review are written more carefully, mechanisms designed under scrutiny are designed better, and the industry’s post-mortem culture, long a public-relations genre, acquires the beginnings of a discipline. If the SecondFi fortnight produces nothing else, a precedent that serious incidents get second opinions would justify the episode’s place in the canon by itself.

What the two weeks will actually prove The experiment resolves into observable outcomes on a short clock, and the reading guide is worth writing in advance. Completion on schedule, with victims restored and the mechanism’s design published for audit, proves the founding-entity model viable at small scale and makes it the reference implementation every future incident invokes, on Cardano and beyond. Partial completion, some victims, disputed eligibility, timeline slippage, proves the harder truth that restitution’s binding constraint is not engineering but forensics, and elevates the Tibane-versus-official divergence from footnote to headline. Failure or quiet abandonment feeds the code-is-law canon and, less obviously, damages the specific asset that motivated the attempt: Cardano’s institutional courtship, the Clearstream custody listing landing the same week, leans on the ecosystem’s reputation for process, and a botched recovery is a process failure in the one arena institutions watch.

Beyond the fortnight, the durable questions are two. Whether the mechanism, whatever it is, gets generalized, documented, criticized, and hardened into ecosystem infrastructure, or remains a one-off that future victims cite and cannot access. And whether the precedent’s boundary holds: the recovery’s architects have implicitly drawn a line, exceptional response, no base-layer change, no standing power, and the entire value of the experiment, for Cardano and for the industry, depends on that line surviving its own success. Crypto has proven, exhaustively, that it can build systems where theft is final. The SecondFi fortnight is a test of something the industry has barely attempted: whether it can build justice on top of finality without dissolving the finality, and 374 wallets, $2.4 million, and one founding entity’s reputation are the stakes of the first controlled trial.

Beyond Cardano, the audiences with the most to learn are the ones building the systems where this question arrives at a thousand times the scale. The tokenized-asset rails now carrying equities and Treasuries onto public chains inherit, with the assets, traditional finance’s non-negotiable expectation that errors and thefts get remediated, and every institution wiring real-world value into blockchain settlement is implicitly betting that something like the SecondFi mechanism, generalized, standardized, and legally legible, will exist when it is needed. The corporate chains have answered the question by centralizing it, their operators can intervene, and everyone knows it, which is exactly the answer the decentralized ecosystems cannot give and the reason this experiment matters disproportionately: it is a test of whether the neutral chains can offer remediation without becoming the corporate ones. Regulators, meanwhile, read incidents like this in their own dialect: a shown industry capacity for orderly restitution is an argument against prescriptive consumer-protection mandates, and a shown incapacity is the argument for them, which places the fortnight’s outcome, improbably, inside the same policy conversations deciding the industry’s classification and custody rules.

The final word belongs to proportion, which has been this piece’s method throughout. Two point four million dollars is nothing; 374 wallets are a village; two weeks is a news cycle. And the question the village and the fortnight are answering, whether a system built so that no one can reverse anything can still, when it matters, make things right, is the oldest and largest open question in the industry, older than the DAO, as large as adoption itself. Small experiments that answer large questions are the best bargains in institutional history. This one cost sixteen million ADA, none of it EMURGO’s, and its findings, either way, will be cited for a decade.

For readers tracking the experiment live, the checklist is short: the mechanism’s technical publication, the first restored balances on-chain, the treatment of disputed addresses, the Tibane findings’ final form, and whether any authority created for the recovery is verifiably dismantled afterward. Five items, two weeks, one precedent, and the rare crypto story whose ending will be a matter of public record rather than public argument.

And a housekeeping note befitting a live experiment: this piece freezes a moving story at the midpoint of its two-week window, the mechanism’s details were unpublished at this writing, and the account above should be read against the recovery’s actual outcome, which, by the time most readers arrive here, will be a matter of on-chain record. That the story can be checked against the chain is, fittingly, the whole point of the system being tested.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Digital asset markets are volatile, and you can lose your entire investment. Incident details reflect public reporting as of July 9, 2026, and the recovery process described is ongoing; verify current status before relying on any account of it. Always do your own research.

Shares of Trade Desk (TTD 1.19%) fell 52.4% in the first half of 2026, according to data from S&P Global Market Intelligence. The digital advertising platform faced a combination of slowing growth, executive turnover, and a public dispute with one of its largest partners.

Soft guidance and a major client dispute Trade Desk kicked off 2026 with a February earnings report that beat revenue estimates but came with the kind of guidance targets no investor wanted to hear. Management projected a sharp slowdown in Q1 growth, and many shareholders headed for the exits in a hurry.

Then came the Publicis problem. In March, advertising giant Publicis Groupe (PUBGY +1.81%) pulled its recommendation of Trade Desk after an audit alleged the company had been stacking fees in ways that didn't match contractual terms. Trade Desk disputed the findings, but the fallout contributed to reduced ad spending and soft Q2 guidance in May.

Image source: Getty Images.

This clash was a big deal, because Publicis used to be one of Trade Desk's top clients. The French company's market cap is more than twice Trade Desk's nowadays. It also sports roughly $19.9 billion in trailing sales, far outweighing Trade Desk's $3.0 billion.

The two sides eventually settled privately on June 12, with Publicis resuming its recommendation. Terms were not disclosed, and it wasn't market-moving news.

At the same time, Trade Desk's revenue growth is slowing down. The company is still growing at a double-digit percentage clip, year over year, but just barely. Two years ago, the top-line growth rate remained reliably above 20%. And management guided to just 8% sales growth in the upcoming Q2 2026 report. That's a long way from the hypergrowth days Trade Desk investors once took for granted.

Executive turnover added to the uncertainty. The company went through another CFO transition in early 2026; the departure of former CFO Alex Kayyal remains unexplained. The former venture capitalist still holds a board seat, so there can't be a ton of bad blood in his CFO departure. Still, the split raised eyebrows and dragged Trade Desk's stock down again.

Today's Change

(

-1.19

%) $

-0.24

Current Price

$

19.52

A vote of confidence from the CEO Not everything was doom and gloom. In April, CEO Jeff Green made headlines by personally buying $150 million worth of company stock. That's a meaningful vote of confidence from someone with a front-row seat to the business and its prospects.

Trade Desk's stock now trades 84% below its 2024 peak. The company remains profitable and is still growing revenue. It's the pace of growth that's slowing down. For patient investors, the depressed valuation could represent an attractive entry point; for skeptics, it reflects real risks that haven't fully played out.

Key questions for the second half of 2026 include whether growth can stabilize, how Trade Desk will fend off competition from Amazon's (AMZN 0.73%) advertising platform, and whether new AI tools and streaming-TV partnerships can translate into meaningful revenue.

The Q2 earnings report in early August should offer some clarity. I can hardly wait.

Key Takeaways Dynatrace is winning larger platform deals as enterprises replace fragmented monitoring tools.More than 500 customers use agentic capabilities, while 850-plus monitor AI and LLM workloads.Triple-digit log growth topped $100 million in annualized consumption, but hosting costs may pressure margins. Dynatrace (DT - Free Report) is benefiting from several themes shaping enterprise software spending, including artificial intelligence, cloud complexity, platform consolidation and rising telemetry volumes.

The opportunity is clear, but not risk-free. Higher consumption can lift demand while also raising hosting costs, and DT still has to convert usage growth into annual recurring revenue and profit expansion.

Dynatrace Gains as Enterprises Cut Tool SprawlEnterprises are moving away from fragmented monitoring tools and toward end-to-end platforms. Dynatrace has gained from that shift, with larger and more strategic deals supporting its platform story.
 

In the fourth quarter of fiscal 2026, the company recorded 22 deals with incremental annual contract value above $1 million, including nine new logos. That shows consolidation is not just a market slogan. It is affecting buying behavior.

Competition remains intense. Datadog (DDOG - Free Report) is also positioned around cloud monitoring and observability, giving investors another way to track demand for AI-era infrastructure visibility. Cisco Systems (CSCO - Free Report) , through AppDynamics and Splunk, adds scale and breadth to the same competitive field. DT is also facing competition from Elastic (ESTC - Free Report) .

Year to date (YTD), Dynatrace shares have appreciated 1.5% compared with Datadog’s jump of 89.3% and Cisco’s 55.6%. Elastic shares have dropped 19.7% YTD.

DT Stock’s Price Performance
Image Source: Zacks Investment Research

DT Sees AI Demand Shift Toward Autonomous OperationsDynatrace is aligning its platform with the move from reactive monitoring to autonomous operations. Its technology combines observability data, causal context and automation to help enterprises identify problems and take action faster.

The company’s AI positioning is tied to actual workflows. More than 500 customers are deploying its agentic capabilities, while more than 850 customers are using Dynatrace to observe and trust artificial intelligence and large language model workloads in production.

Developer adoption is another part of the story. The Postman collaboration brings AI-powered observability closer to application programming interface design and testing workflows, extending Dynatrace beyond traditional operations teams.

Dynatrace is Tied to the Explosion in Logs and TelemetryTelemetry growth is becoming a major demand driver. Logs were Dynatrace’s fastest-growing product in fiscal 2026, with triple-digit growth, and log management annualized consumption surpassed $100 million.

The planned Bindplane acquisition strengthens this angle. Bindplane is intended to improve telemetry capture, optimization and routing, helping customers manage data quality, ingest costs and governance.

That growth has a margin trade-off. Dynatrace expects about a one-point gross margin headwind in fiscal 2027 as cloud hosting costs rise with platform consumption. Management expects the pressure to be temporary, but execution on cloud cost efficiency matters.

DT Public Sector Push Opens a New Trend LineDynatrace is also extending its trend exposure into regulated markets. Its plan to pursue FedRAMP High authorization builds on its existing FedRAMP Moderate authorization and targets stricter government security requirements.

That push connects observability and AI adoption with compliance needs. For government and highly regulated organizations, the ability to monitor complex environments while meeting data and security standards can influence vendor selection.

This does not remove competitive pressure, but it gives DT another avenue for growth. Regulated-sector demand may support larger platform opportunities when buyers need security, visibility and governance in the same operating environment.

ConclusionDynatrace is a credible beneficiary of AI, cloud and telemetry growth. The company has scale, platform breadth and evidence of customer expansion, but its stock case still depends on cleaner conversion of consumption into annual recurring revenue and profits.

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

CHARLOTTE, N.C., July 10, 2026 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) announced that its Board of Directors has declared a dividend for the third quarter of 2026 of $0.25 per share on shares of the Company's Common Stock and Class B Common Stock payable on August 7, 2026, to stockholders of record as of the close of business on July 24, 2026.

CONTACTS: Brian K. Little (Media)Matt Blickley (Investors)Vice President, Corporate Communications OfficerChief Financial Officer and Chief Accounting Officer(980) 378-5537(704) [email protected]@cokeconsolidated.com About Coca-Cola Consolidated, Inc.
Headquartered in Charlotte, N.C., Coca-Cola Consolidated (NASDAQ: COKE) is the largest Coca-Cola bottler in the United States. We make, sell and distribute beverages of The Coca-Cola Company, and other partner companies, in more than 300 brands and flavors across 14 states and the District of Columbia, to approximately 60 million consumers.

For over 124 years, we have been deeply committed to the consumers, customers and communities we serve and passionate about the broad portfolio of beverages and services we offer. Our Purpose is to honor God in all we do, to serve others, to pursue excellence and to grow profitably.

More information about the Company is available at www.cokeconsolidated.com. Follow Coca-Cola Consolidated on Facebook, X, Instagram and LinkedIn.

Algorand quietly racked up over 1.8 million new smart contract deployments in the past quarter, a 25.7% increase in activity that puts the Layer 1 blockchain in a peculiar position. Developer interest is clearly climbing. The token price, not so much.

The contract deployment surge, tracked by Token Terminal, represents a meaningful acceleration for a network that many crypto observers had written off during the bear market doldrums. For context, Algorand’s January 2026 Algo Insights Report showed 808,000 smart contracts deployed at that point, marking a 31.5% increase at the time.

The numbers behind the builder boom On-chain asset creation on Algorand surged 239% month-over-month, according to the Algorand Foundation’s own evaluation. Contract deployments specifically grew 47% in a recent monthly period.

Advertisement

The most tangible proof point might be Lofty AI, a real estate tokenization platform built on Algorand. As of early July 2026, Lofty crossed $100 million in total value locked. That’s capital flowing into tokenized real-world assets.

Active wallet growth and transaction volumes have also increased alongside the contract deployment numbers.

The quantum play The Algorand Foundation published a formal roadmap for post-quantum cryptography in June 2026, setting a target of comprehensive quantum resistance by the end of 2027. The initiative builds on work that started back in 2022.

The price disconnect investors should watch ALGO currently trades around $0.08. The disconnect between on-chain activity and token price isn’t unique to Algorand, but the gap here is particularly stark given that contract deployments more than doubled since January, asset creation exploded by 239%, a major DApp hit $100M in TVL, and the foundation is executing on a multi-year quantum security roadmap.

Algorand’s tokenomics have faced criticism over the years regarding early investor unlocks and foundation distributions, which may be suppressing price appreciation even as fundamentals improve. The real-world asset tokenization angle gives Algorand a differentiated narrative, with Lofty AI’s $100M TVL milestone as concrete evidence. Ethereum, Avalanche, and Polygon are all aggressively courting the RWA sector.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Key Takeaways Resmed will sell MatrixCare to Frazier Healthcare Partners, with closing expected in fiscal Q1 2027.The divestiture enables Resmed to focus its investments on sleep, breathing and connected home-based care.Brightree and MEDIFOX DAN remain central to Resmed's connected care strategy and are not part of the deal. Resmed (RMD - Free Report) has entered into a definitive agreement to sell its MatrixCare business to private equity firm Frazier Healthcare Partners. The divestiture aligns with the company's long-term strategy to sharpen its focus on higher-growth opportunities across sleep health, breathing health and connected home-based care. The transaction is expected to close in the first quarter of fiscal 2027, subject to regulatory approvals and customary closing conditions.

From an investor's perspective, the divestiture underscores Resmed's disciplined capital allocation strategy and reinforces its commitment to businesses with stronger long-term growth potential and higher scalability. By streamlining its portfolio and reallocating resources toward innovation in its core connected care ecosystem, the company is positioning itself to strengthen its competitive edge and drive sustainable value creation, while enabling MatrixCare to pursue growth under an owner dedicated to the long-term care software market.

Likely Trend of RMD Stock Following the NewsShares of RMD have traded flat since the announcement on July 7. In the year-to-date period, shares of the company have lost 13.5% compared with the industry’s 21.8% decline. The S&P 500 increased 9.5% in the same time frame.

The divestiture is likely to strengthen Resmed's long-term growth profile by enabling the company to concentrate investments on its core sleep and breathing care franchises, where it enjoys strong market leadership and significant innovation opportunities. The transaction should also enhance capital allocation flexibility, allowing Resmed to accelerate product development, expand its AI-powered digital health offerings and scale its connected home-care ecosystem.

By exiting a non-core software business, the company can simplify operations, improve strategic focus and better position itself to capitalize on the growing global demand for home-based healthcare and sleep therapy solutions.

RMD currently has a market capitalization of $29.86 billion.

Image Source: Zacks Investment Research

More on the NewsThe transaction covers the entire MatrixCare business, including Healthcare First, Citus and its home health and hospice software solutions, which together serve more than 15,000 providers across skilled nursing, senior living, life plan communities, home health and hospice settings. However, the deal does not include Resmed's other healthcare software businesses, Brightree in the United States and MEDIFOX DAN in Germany, both of which remain integral to the company's connected care strategy.

Management stated that MatrixCare will continue operating as part of Resmed until the transaction closes, with no disruption to customer service or support. Resmed also noted that it will provide additional details regarding the transaction's financial impact in its fiscal fourth-quarter 2026 regulatory filings and has furnished a Form 8-K with the SEC outlining the agreement.

For Frazier Healthcare Partners, the acquisition represents a strategic investment in the growing post-acute care technology market. The private equity firm, which focuses exclusively on healthcare investments, plans to invest aggressively in product innovation to strengthen MatrixCare's capabilities and support evolving customer needs across long-term and post-acute care settings.

Resmed believes the new ownership structure will allow MatrixCare to pursue its long-term growth ambitions with a dedicated strategic focus, while enabling it to devote greater attention and resources to advancing AI-powered digital health solutions, cloud-connected medical devices and other technologies aimed at improving sleep, breathing and home-based healthcare outcomes.

Favorable Industry Prospect for RMDGoing by the data provided by Grand View Research, the global home healthcare market size was valued at $485.3 billion in 2025 and is projected to grow from $504.8 billion in 2026 to $1015.8 billion by 2033, at a CAGR of 10.5% from 2026 to 2033.

The market is driven by rising demand for cost-effective alternatives to curb rising healthcare costs and the growing penetration of the virtual and remote care industry. 

A Recent Development by RMDRecently, Resmed completed the acquisition of Noctrix Health to broaden its clinical sleep health portfolio with the addition of Nidra Tonic Motor Activation Therapy, an FDA De Novo-classified, non-invasive treatment for moderate-to-severe Restless Legs Syndrome RLS. The deal expands Resmed's presence into one of the most prevalent sleep disorders, complementing its core sleep therapy business while enhancing its ability to offer innovative, drug-free treatment options. The acquisition is also expected to accelerate patient access to the therapy by leveraging Resmed's global commercial and distribution capabilities.

RMD’s Zacks Rank & Key PicksCurrently, RMD carries a Zacks Rank #3 (Hold).

Some better-ranked stocks from the broader medical space are Veracyte (VCYT - Free Report) , West Pharmaceutical (WST - Free Report) and Pacific Biosciences of California (PACB - Free Report) .

Veracyte, currently sporting a Zacks Rank #1 (Strong Buy), has an estimated earnings growth rate of 5.1% for 2026. VCYT’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 45.9%. You can see the complete list of today’s Zacks #1 Rank stocks here.

Veracyte’s shares have gained 33.3% against the industry’s 14.2% decline in the year-to-date period.

West Pharmaceutical, currently carrying a Zacks Rank #2 (Buy), has an estimated long-term earnings growth rate of 13.9%. WST’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 19.4%.

West Pharmaceutical’s shares have gained 28.5% against the industry’s 1.2% decline in the year-to-date period.

Pacific Biosciences of California, currently carrying a Zacks Rank #2, has an estimated earnings growth rate of 22.6% for 2026. PACB’s earnings beat estimates in each of the trailing four quarters, the average surprise being 29.8%.

Pacific Biosciences’ shares have lost 19.8% compared with the industry’s 14.2% decline in the year-to-date period.

Aave V3 On zkSync Era Gives DeFi Lending Another Push Into ZK Rollups is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. Aave’s expansion strategy is a good lens for the broader DeFi market: liquidity follows users, but users also follow trusted liquidity venues.

The reason it deserves attention today is not that one announcement or filing magically changes the whole market. It is that the update adds another data point to a sector still trying to work out where capital, users, and regulation are actually moving.

For more details, visit the official Governance platform.

TL;DR Aave DAO approved steps to deploy Aave V3 pools on zkSync Era.The move would bring more lending liquidity into a ZK-rollup environment.It shows major DeFi protocols are still expanding across scaling networks. What The Governance Move Changes Aave V3 deployments give users familiar lending and borrowing tools on new networks.

zkSync Era offers a scaling environment built around zero-knowledge rollup technology.

DeFi is in a more mature phase now. The market is less impressed by vague promises and more interested in where liquidity actually goes, which networks get deployments, and which governance decisions can change usage. That makes protocol-level votes and launches worth watching.

Why DeFi Liquidity Keeps Spreading The DAO approval process also shows how major DeFi protocols are still using governance to decide where liquidity should go next.

The question is whether these moves create practical depth. More chains, more pools, and more governance proposals only matter if users find better pricing, easier access, or stronger risk controls.

For NewsBTC readers, the practical takeaway is to avoid treating this as an isolated headline. The stronger read is to connect it with the current market environment: liquidity is still selective, regulatory pressure has not disappeared, and the projects that keep shipping useful updates are the ones most likely to hold attention when the cycle gets noisy.

That does not mean the story should be stretched beyond what the source supports. The cleaner approach is to keep the facts tight, explain the mechanism, and show readers why it may matter if follow-up data confirms the same direction over the next few sessions.

In other words, this is a development to watch rather than a guaranteed turning point. Crypto moves quickly, but the useful signals are usually the ones that still make sense after the first reaction fades.

The important thing for readers is context. A single development rarely defines the market on its own, but a series of source-backed updates can show where momentum is building. That is why this article keeps the focus on the specific mechanism in play, the source behind it, and the reason traders or builders may care today.

This article is based on information from governance.aave.com.

This article was written by the News Desk and edited by Samuel Rae.

Temp check would extend the fee switch to Uniswap's newest architecture, drawing an early warning that the move "risks killing the protocol."

Uniswap Labs on July 7 proposed activating protocol fees on a subset of Uniswap v4 pools, extending the fee rollout that DAO voters approved under the UNIfication package to the exchange's newest and most flexible pool architecture.

The temperature check went to a five-day Snapshot vote running July 7-12, with an onchain vote scheduled to begin the week of July 13. Because Uniswap's GovernorBravo contract caps proposals at 10 actions, Uniswap Labs said two onchain votes will be posted in parallel to cover all the chains involved.

UNI is up 6.8% to $3.57 in the past 24 hrs, giving Uniswap a market capitalization of $2.2 billion, according to CoinGecko, while ETH is up almost 3%. The token remains down more than 90% from its May 2021 record of about $44.92, though it had climbed more than 40% over the past month amid the UNIfication burns and Uniswap's expansion onto new venues.

UNIfication RolloutThe proposal follows the UNIfication overhaul, which DAO members passed in December with near-unanimous support and which turned on protocol fees and directed them toward burning UNI. It builds on four earlier fee proposals, numbered #93 through #96, and uses the same expedited governance track those proposals established.

Protocol fees are now live across all v2 and v3 pools on 11 chains: Ethereum, Arbitrum, Base, Celo, OP Mainnet, Soneium, X Layer, Worldchain, Zora, BNB Chain and Polygon. Uniswap Labs said the protocol set a record last month, citing the UNIBurnBot account's report that 186,000 UNI were burned in a single day.

A New Fee System for v4v4's design forced a different approach. Where v2 pools carry a single static fee tier and v3 pools carry several, v4's hooks allow potentially unlimited fee tiers, and a pool's fee can change from one block to the next. Setting a fee on each pool individually is not workable at that scale.

To handle it, the proposal introduces a V4 Fee Controller split across two contracts. A V4FeePolicy contract computes the fee for any pool from rules that governance defines, and can be swapped out if the logic needs to change. A V4FeeAdapter contract enforces any per-pool overrides governance has set, otherwise applies the policy's fee, pushes it to the pool and routes the proceeds to a TokenJar contract on each chain. The policy sorts each pool into a "family" based on its characteristics, then resolves the fee from the most specific applicable rule down to a global default. The contracts are published in Uniswap's protocol-fees repository.

The temp check would switch on fees for three families: static fee pools without hooks, pools launched through Continuous Clearing Auctions, and aggregator hook pools that route external liquidity into v4. Static and CCA pools follow a curve pegged to a proportion of each pool's LP fee. Aggregator hooks carry a flat fee with a 25x multiplier that lifts the cap to 250 basis points, set at a 10 bps family default and 3 bps for select stable pairs on most chains, and 3 bps and 1 bps respectively on Base. Uniswap Labs stressed the proposal does not enable fees on any v4 pools outside those families. As with v2 and v3, collected fees fund UNI burns, with tokens accumulated on L2s and alternative L1s bridged back to Ethereum and sent to the 0xdead address.

LP PushbackThe proposal drew immediate opposition from Guillaume Lambert, founder of the options protocol Panoptic, who disclosed he had voted "Abstain" on UNIfication and argued the fee switch should never touch v4.

"Turning on the v4 fee switch risks killing the protocol," Lambert wrote, contending that liquidity providers are "structurally short convexity" and, by his analysis, already earn less than the volatility they take on. Taxing v4 pools without compensating LPs, he said, would leave them "nowhere to go except to other AMMs/UniV3-forks." He said he could only support the move if LPs were directly compensated with sustained UNI incentives running "practically forever until organic activity returns."

Not all early feedback was critical. Forum participant Abel189 backed the proposal, calling a deterministic, on-chain fee policy "a more scalable approach than configuring individual pools one by one" and praising the gradual rollout across specific families.

Key Takeaways MSCI and UBS will develop AI-powered tools for private markets research, due diligence and portfolios. The partnership targets fragmented data and limited transparency across major private asset classes. MSCI's run rate rose 12.7% to $3.36 billion, while Private Assets run rate increased 8.4%. MSCI (MSCI - Free Report) is strengthening its private markets platform through a strategic partnership with UBS (UBS - Free Report) , expanding its artificial intelligence (AI)-powered capabilities for institutional investors. Under the collaboration, MSCI will combine its private assets data, analytics and AI technologies with UBS' alternatives expertise to develop more transparent, standardized and scalable private markets solutions. UBS will become an early adopter of MSCI's AI-powered private markets platform, helping enhance investment research, due diligence and portfolio management across private equity, private credit, real estate and infrastructure.

The partnership is expected to improve access to high-quality private markets intelligence while addressing one of the industry's biggest challenges, limited transparency and fragmented data. The integration of AI-powered analytics into institutional investment workflows is expected to help investors make faster, more informed investment decisions while supporting broader institutional adoption of private assets globally. The collaboration also strengthens MSCI's growing ecosystem of AI-enabled investment solutions and reinforces its position as a leading provider of private markets data and analytics.

MSCI Strengthens AI-Powered Private Markets PlatformMSCI shares have gained 5.2% year to date, modestly outperforming the broader Finance sector's return of 4.6%. The stock has benefited from resilient subscription growth, expanding AI capabilities and continued innovation across private markets and investment analytics.

The UBS partnership builds on MSCI's broader strategy of expanding AI across its private markets platform. During the first quarter of 2026, the company enhanced its Private Capital Solutions portfolio with AI-enabled products, including daily private valuation indices, private equity and private credit benchmarks, AI-powered capabilities within Private Capital Intel and AI connectors compatible with leading large language models to simplify private fund research and due diligence. The company achieved nearly 44% recurring net new sales growth in Private Capital Solutions in the first quarter of 2026, with high retention rates across client segments.

MSCI strengthened its AI capabilities through the acquisitions of Vantager, an AI-native private markets due diligence platform, Compass Financial Technologies and PM Insights, expanding its offerings in AI-driven due diligence, index customization, private market pricing and portfolio analytics.

These initiatives are translating into stronger business momentum. In the first quarter of 2026, recurring subscription run rate grew 8.9% reported and 8.2% organically, while recurring subscription revenues increased 8.6%. Recurring net new subscription sales were $39.6 million, up 52%, marking the best first quarter since 2022.

The company also reported a record asset-based fee run rate, while its Private Assets run rate grew 8.4% year over year, supported by rising demand for Private Capital Transparency Data, Total Plan Manager and Private Capital Intel solutions.

MSCI Offers Solid Financial OutlookMSCI's expanding AI-powered private markets platform, growing institutional adoption and strengthening strategic partnerships are expected to support the company's top-line growth.

For 2026, MSCI expects operating expenses of $1.490-$1.530 billion and adjusted EBITDA expenses of $1.305-$1.335 billion.

The Zacks Consensus Estimate for second-quarter 2026 revenues is pegged at $851.32 million, indicating continued year-over-year growth of 10.18%.

The consensus mark for second-quarter 2026 earnings is pegged at $4.82 per share, unchanged over the past 30 days. The figure implies a year-over-year increase of 15.59%.

MSCI's Zacks Rank & Other Stocks to ConsiderCurrently, MSCI carries a Zacks Rank #2 (Buy).

Macro Bank (BMA - Free Report) and Evercore

((EVR - Free Report) are some other top-ranked stocks that investors can consider in the broader Zacks Finance sector. Macro Bank and Evercore sport a Zacks Rank #1 (Strong Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.

BMA shares have declined 0.4% in the year-to-date period. The long-term earnings growth rate for Macro Bank is pegged at 30.04%.

EVR shares have declined 0.2% in the year-to-date period. The long-term earnings growth rate for Evercore is pegged at 26.03%.

The real-world asset (RWA) ecosystem of Solana has quadrupled in value during the first half of 2026. 

It grew from $873 million in January to a record $3.62 billion in July. The surge was driven by rapid growth in tokenized stocks, rising institutional adoption, and record trading activity.

According to the latest ecosystem data, Solana is now the third-largest blockchain for tokenized RWAs, with a 10.39% market share. The network hosts 2,119 tokenized assets across 295,853 holders. Its RWA ecosystem has also grown 20.91% over the past 30 days.

Meanwhile, Solana’s stablecoin supply has surpassed $16 billion, making it the second-largest among all blockchains. The large stablecoin base has provided deep dollar liquidity for tokenized asset trading.

Solana RWA Data Tokenized Asset Trading Reaches New Highs Notably, Solana recorded its strongest quarter for tokenized assets in Q2 2026. Spot trading volume climbed to $5.77 billion, up 7.4 times from the $775 million recorded during the second half of 2025.

June alone generated more than $2 billion in tokenized asset trading. That marked the highest monthly volume ever recorded on any blockchain.

The network also led global tokenized equity trading during the week of June 15–21. It processed $1.298 billion of the $1.324 billion traded worldwide, accounting for roughly 97% of the market.

SpaceX Listing Boosts Tokenized Stock Activity Solana’s tokenized stock ecosystem received a major boost after SpaceX’s June 12 Nasdaq listing. Tokenized SpaceX shares launched on the blockchain the same day.

SpaceX-related tokens generated $1.19 billion in June trading volume, accounting for 31% of the month’s total. Backpack Securities’ SPCX contributed $1.08 billion, while xStocks’ SPCXx added $852 million.

On June 24, Solana’s tokenized stock market reached a record $644 million in daily trading volume. The milestone highlights the network’s shift from a memecoin-focused blockchain toward a hub for tokenized financial assets.

Institutional Offerings Continue to Expand The ecosystem has continued to attract institutional issuers and infrastructure providers.

Backed Finance’s xStocks platform now offers 134 tokenized stocks. It has surpassed $3 billion in cumulative on-chain trading volume and attracted more than 57,000 unique holders. 

Solflare, which reports 4 million monthly active users, has integrated all xStocks assets and added a Google Pay on-ramp.

Ondo Global Markets has also launched more than 200 tokenized U.S. stocks and ETFs. At launch, those assets represented roughly 65% of all Solana RWAs.

Meanwhile, Jupiter Lend has added tokenized SPYx, QQQx, NVDAx, and TSLAx as collateral. Users can now borrow against tokenized equities within DeFi.

Institutions Deepen Solana Adoption Institutional participation has accelerated across the network. BlackRock’s BUIDL fund has deployed $615 million on-chain through Securitize. It is now the largest individual RWA position on Solana.

Citigroup completed a tokenized Bill of Exchange settlement pilot with PwC in February. Institutional market maker B2C2 has also chosen Solana as its primary stablecoin settlement network.

Financial firms, including SoFi and R3, have expanded their enterprise banking and tokenization initiatives on Solana. The moves reinforce the blockchain’s growing role in institutional-grade digital asset infrastructure.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Circle's $USDC now accounts for just 46% of Solana's stablecoin supply, its lowest share in more than 2 years.

According to DefiLlama data, $USDC's share has fallen to 46.13%, while $USDT's share has risen to 16.42%. Other stablecoins now collectively account for more than 26% of Solana's stablecoin market, highlighting broader liquidity diversification across the network.

Drift Fallout Changed Community Sentiment The shift follows the April 1 Drift exploit, which sparked widespread criticism of Circle across the Solana ecosystem. After attackers reportedly moved more than $230M via Circle's Cross Chain Transfer Protocol (CCTP), many ecosystem participants urged DeFi users to swap $USDC for $USDT. Critics argued that Circle should have frozen the stolen funds.

When challenged on the decision, Circle CEO Jeremy Allaire said the company would not intercept funds without legal precedent, describing the situation as a "moral quandary." Meanwhile, Tether earned goodwill across parts of the Solana community after supporting Drift during its recovery efforts, strengthening $USDT's standing among many users.

Fresh Legal Challenges Add to Pressure Circle now faces renewed scrutiny following a July 8 report by the International Consortium of Investigative Journalists. According to the report, law enforcement authorities in Wisconsin and New York accused Circle of refusing to assist in freezing or recovering $USDC linked to scams. Wisconsin prosecutors filed a criminal complaint alleging that Circle failed to comply with a court order requiring the recovery of stolen assets.

Although the complaint involves a single misdemeanor count, former FBI financial crime expert Karen Greenway noted that criminal charges against a major financial firm are highly unusual.

Circle rejected the allegations, calling the complaint meritless. The company argued that it lacked the technical ability to comply with the order and maintained that the Wisconsin court lacked jurisdiction.

Stablecoin issuers such as Circle also face pressure from a changing regulatory landscape. Polymarket now places the odds of the CLARITY Act passing in 2026 at 40%, down from 82% in February.

Senator Cynthia Lummis recently warned that failure to pass the CLARITY Act could delay meaningful U.S. stablecoin legislation until 2030, turning what could have been a 1-year delay into a 4-year setback.

Solana's Stablecoin Economy Continues to Expand The decline in $USDC's market share comes even as Solana's stablecoin economy continues to grow at a record pace. During the first half of 2026, Solana recorded $1.12T in peer-to-peer stablecoin volume, up 72%, alongside 83.6M peer-to-peer transactions, up 37%. Active wallets reached an all-time high of 4.3M.

Retail transfers between $100 and $1,000 totaled a record $13.5B. Institutional transfers above $20,000 reached $1.07T, while micropayments between $0.50 and $100 climbed to an all-time high of $1.50B.

Circle has continued to expand its infrastructure despite a decline in market share. Gateway, launched in July 2025 and integrated with Solana in January 2026, allows users and businesses to access a unified $USDC balance across supported blockchains without manual bridging or third-party liquidity. The stablecoin giant recently reported that lifetime Gateway volume has now surpassed $4.5B.

Circle Scores a Major Regulatory Win Despite mounting competitive and legal challenges, Circle recently secured one of its biggest regulatory milestones. The U.S. Office of the Comptroller of the Currency granted final approval for Circle to establish Circle National Trust, a national trust bank operating as First National Digital Currency Bank, N.A.

The approval strengthens $USDC infrastructure through federally regulated custody, with reserve management planned as a future capability, while placing Circle's trust operations under direct federal oversight.

Investors welcomed the development, sending Circle's stock, $CRCL, more than 15% higher to around $71 following the announcement before retracing to its current price of $66.

While $USDC remains Solana's largest stablecoin by a wide margin, its share has fallen below 50% for the first time in more than 2 years. With growing competition, evolving regulation, and changing community sentiment, the battle for stablecoin dominance on Solana appears far from over.

Read More on SolanaFloor Claynosaurz’s HEEBOO Studio Introduces $HEEBOO Fan Token’s Public Sale Through Metaplex Genesis
Solana Memecoin Traders Flock to RobinHood - Will it Last?

Solana Joins the Prediction Market Race

Key Takeaways SOUN is shifting beyond automotive voice AI into enterprise customer service and workflow use cases.Subscriptions drove SOUN's 2025 revenues, rising as part of a 99% total revenue jump to $168.9M.OASYS and the planned LivePerson deal may expand SOUN's enterprise reach and cross-selling potential. SoundHound AI, Inc. (SOUN - Free Report) is no longer just an automotive voice-assistant story. The company’s investor debate now centers on whether broader enterprise adoption can support durable revenue growth.

The opportunity is clear, but so are the risks. SoundHound is expanding across restaurants, healthcare, retail, financial services, telecom and other verticals while still operating at a loss.

SoundHound Pushes Beyond AutomotiveSoundHound positions itself as an independent conversational intelligence platform for enterprises. Its pitch is that businesses can build branded assistants and customer-facing AI experiences without relying fully on third-party ecosystems.

The product set now spans Smart Answering, Smart Ordering, Dynamic Interaction, Employee Assist and SoundHound Chat AI. That broader portfolio shifts the business identity away from a narrower automotive focus and toward enterprise customer service, ordering, workflow and digital interaction use cases.

SOUN Finds Growth in Service SubscriptionsThe revenue mix is central to the SOUN thesis. Total revenues in 2025 rose 99% to $168.9 million from $84.7 million in 2024.

Service subscriptions accounted for $133.5 million of 2025 revenues, compared with product royalties of $34.9 million and monetization revenues of $0.5 million. That mix highlights why investors are focused on recurring enterprise demand as the main growth engine.

SoundHound Builds a Wider AI PlatformSoundHound’s technology stack includes Speech-to-Meaning, Deep Meaning Understanding, Collective AI, Dynamic Interaction and hybrid Edge+Cloud deployment. These capabilities are designed to support faster natural-language understanding, low-latency performance and flexible deployment across customer environments.

The company reported more than 359 granted patents and more than 100 pending patents as of 2025. For enterprises, the strategic value is control: branded assistants can be customized around customer experience, data, workflow and monetization priorities.

SOUN Has Catalysts but Also Integration RiskOASYS is a major catalyst in SoundHound’s next phase. The platform is designed to help businesses build, orchestrate, evaluate and improve AI agents across voice, chat and digital channels.

The planned LivePerson acquisition adds another layer to the opportunity. SoundHound expects the deal to expand its enterprise footprint, create cross-selling opportunities and support a combined revenue opportunity of about $500 million.

Still, the story is not de-risked. Persistent operating losses, long enterprise sales cycles, acquisition integration demands, fierce AI competition and continued investment needs remain key concerns.

Microsoft Corporation (MSFT - Free Report) and Salesforce, Inc. (CRM - Free Report) also frame the competitive backdrop. Microsoft markets Microsoft 365 Copilot as an enterprise AI tool with access to agents and work-data integrations, while Salesforce markets Agentforce as a platform for building, deploying and managing AI agents at scale.

What SOUN Signals Say About the SetupThe bottom line is that SoundHound has a more interesting business narrative than it did when investors viewed it mainly through automotive voice AI. Enterprise AI adoption, subscription growth, OASYS and acquisition-driven cross-selling all support the long-term case.

The stock, however, currently carries a Zacks Rank #4 (Sell). It also has a Value Score of F, a Growth Score of F, a Momentum Score of C and a VGM Score of F. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Zacks Style Scores are graded from A to F, with stronger scores generally indicating more favorable characteristics for the relevant style category. SOUN’s current mix suggests that, despite the attractive enterprise AI narrative, the near-term stock profile still reflects caution around execution, profitability and valuation.

Key Takeaways SoundHound is shifting from voice recognition toward broader conversational and agentic AI platforms.OASYS is positioned to help businesses build and improve AI agents across voice, chat and digital channels.SOUN's losses, margin pressure, acquisition integration and competition remain key execution tests. SoundHound AI, Inc. (SOUN - Free Report) sits at the center of a shift from narrow voice tools to broader conversational and agentic artificial intelligence platforms. The investment case is no longer just about voice recognition. It is about whether SOUN can convert enterprise demand into scalable, recurring software revenue.

That trend gives SoundHound a clear growth narrative. It also raises a harder stock question: can the company turn platform expansion, acquisitions and new products into better margins and steadier execution?

SoundHound Rides Enterprise AI AdoptionEnterprises are adopting conversational and agentic artificial intelligence across voice, chat and digital channels. SoundHound has expanded beyond its historical automotive base into restaurants, retail, healthcare, financial services, telecommunications and energy.

That broader reach matters because it reduces dependence on a single end market. In the first quarter of 2026, revenues rose 52% year over year to $44.2 million, while core automotive and Internet of Things artificial intelligence revenues, excluding acquisitions, increased 88%.

Microsoft (MSFT - Free Report) is also relevant to this trend because its artificial intelligence strategy includes enterprise workflow, healthcare and productivity use cases. IBM (IBM - Free Report) provides another comparison point through its focus on artificial intelligence agents and workflow automation for enterprises.

SOUN Turns OASYS Into a Key Trend MarkerOASYS is becoming the clearest marker of SoundHound’s move toward agentic artificial intelligence. The platform is designed to help businesses build, orchestrate, evaluate and improve artificial intelligence agents across voice, chat and digital channels.

The strategic appeal is faster implementation. Management has positioned OASYS as a way for businesses to move from months-long builds to faster deployments, while also lowering operating costs and making agents better over time through usage.

That puts SOUN in a market where enterprises increasingly want unified platforms rather than isolated tools. NVIDIA (NVDA - Free Report) remains an important part of the broader enterprise artificial intelligence discussion because infrastructure and software platforms are central to scaling agentic workloads.

SoundHound Uses M&A to Broaden Its ReachAcquisitions are central to SoundHound’s platform-breadth strategy. SYNQ3 added restaurant-focused voice artificial intelligence capabilities, Amelia expanded the company into full-stack enterprise agentic artificial intelligence, and Interactions added customer-service and workflow-orchestration capabilities.

The planned LivePerson acquisition is another step in that direction. It is expected to expand SoundHound’s digital messaging and enterprise customer footprint, creating cross-selling opportunities across voice, messaging and agentic artificial intelligence.

This matters because platform breadth is becoming a competitive requirement. Enterprises want systems that can handle contact-center inquiries, ordering, transactions, workflow automation and customer engagement across multiple channels.

SOUN Still Faces Margin and Execution TestsThe opportunity remains balanced by clear operating risks. SoundHound posted a GAAP net loss of $25 million in the first quarter of 2026 and an adjusted EBITDA loss of $26.7 million.

Margins also showed pressure. GAAP gross margin fell to 31.1% from 36.5% a year earlier, while non-GAAP gross margin was 49.7%, compared with 50.8% in the prior-year period.

Competition is another concern. Large technology companies and specialized artificial intelligence vendors are investing aggressively, while long enterprise sales cycles can delay revenue conversion. SoundHound also needs continued research and development spending to keep pace with fast-moving voice, generative and agentic artificial intelligence markets.

Commercialization risk is still part of the story. OASYS, Dynamic Interaction and broader agentic offerings may become future growth drivers, but adoption, customer acceptance and recurring revenue generation are still developing.

Why SOUN Ratings Temper the Trend NarrativeThe bottom line is that SoundHound has meaningful exposure to conversational and agentic artificial intelligence, but the stock still needs execution to catch up with the trend. Revenue growth, product expansion and acquisition-driven scale are encouraging, yet losses, integration risk and competitive pressure remain material.

SOUN currently carries a Zacks Rank #4 (Sell). The stock also has a Value Score of F, a Growth Score of F and a Momentum Score of C. These scores suggest that, despite the company’s industry positioning, shares do not currently screen well on valuation or growth characteristics, while momentum is more neutral.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

For investors, that creates a measured setup. SoundHound may remain a closely watched artificial intelligence name, but the Zacks Rank and Style Scores point to caution until operating leverage, platform monetization and acquisition integration show clearer progress.

Key Takeaways Sezzle's rally is backed by rising GMV, revenue, profits and higher 2026 guidance.Purchase frequency hit 7.1 times, while subscribers rose by 44,000 to 714,000 in the quarter.SEZL's premium valuation raises risk, but margins, AI efficiency and new products support growth. Sezzle Inc. (SEZL - Free Report) has been one of the more exciting names in buy now, pay later, and the rally in SEZL has naturally made investors ask a simple question: Is the move already done, or is there still upside left?

The stock has earned attention because the business is not just growing; it is growing profitably. That matters in a fintech market where PayPal Holdings, Inc. (PYPL - Free Report) and Shift4 Payments, Inc. (FOUR - Free Report) still draw plenty of investor focus, but where investors are rewarding companies that can show clean execution.

SEZL’s price performance has already been sharp, and that creates a higher bar. Over the past month, the company has rallied more than 37%, well ahead of its industry’s increase of 8.4%. Meanwhile, peers like PayPal Holdings and Shift4 Payments have risen 9.9% and 24.9%, respectively, while the S&P 500 composite has inched up 1.8%.

One-Month Price Performance

Image Source: Zacks Investment Research

SEZL’s Earnings Power is Driving the ThesisSezzle’s first-quarter 2026 results provide a strong foundation for the bullish case. Gross merchandise volume (GMV) rose 37.3% year over year to roughly $1.1 billion, while total revenues increased 29.2% to $135.5 million. Net income reached $51.3 million, equal to a 37.9% profit margin, and adjusted EBITDA was $71.1 million, representing a 52.5% margin.

Sezzle is not relying only on volume growth. The company is converting growth into earnings at a high rate, which gives the stock a stronger fundamental base after its rally. For a fintech company operating in a credit-sensitive category, that combination of revenue growth and profitability is especially important.

Management also raised its full-year 2026 outlook. Sezzle now expects revenue growth of 30-35%, adjusted net income of $180 million and adjusted EPS of $5.10. This guidance gives investors a clearer earnings anchor when thinking about valuation. SEZL is not a low-multiple stock after its run, but the premium looks more defensible if earnings continue scaling at this pace.

Sezzle’s Engagement Trends Point to Quality GrowthThe strongest part of Sezzle’s operating story is user engagement. Average quarterly purchase frequency increased to 7.1 times from 6.1 times a year earlier. Active consumers reached about 3.1 million, while monthly on-demand users and subscribers stood at 887,000.

This matters because higher purchase frequency can support better unit economics over time. A customer who uses Sezzle more often is more valuable than one who appears only at checkout once or twice. The company’s subscriber base also continues to move in the right direction, with subscribers rising by 44,000 in the quarter to 714,000.

That subscriber focus is central to the investment thesis. Sezzle is prioritizing users with higher lifetime value, stronger repeat behavior and better engagement across the platform. This should help reduce dependence on one-time transactions and create a more durable revenue stream.

Product Expansion Adds Upside Optionality for SEZLSezzle is also widening its product set beyond its original Pay-in-4 offering. Pay-in-5, enhanced long-term lending, the virtual card in Canada and Sezzle Mobile all add more ways for consumers to use the platform. These products may not all become major profit drivers immediately, but they increase the number of touchpoints between Sezzle and its customers.

The company is also using AI to improve efficiency. Its AI support chatbot is resolving roughly 60-70% of chats without escalation, while internal tools are being used across chargebacks, support, business intelligence and engineering. That operating discipline is important because it supports margin expansion while the business continues to grow.

SEZL’s Estimate Revisions Depict a Bright OutlookOver the past week, earnings estimates for both 2026 and 2027 have been revised marginally upward, signaling a bullish outlook from analysts. These figures also suggest year-over-year growth of 42.06% and 25.74%, respectively.

Image Source: Zacks Investment Research

Valuation is the Main Risk for SEZLThe main concern is valuation. SEZL’s rally has already priced in a lot of optimism, so the company needs to keep delivering strong quarters. The stock trades at 8.88X forward 12-month sales per share versus 5.00X for the Zacks sub-industry. This is no longer cheap, but it looks fair for a fintech growing revenue around 30% to 35% and producing strong adjusted EBITDA.

On the other hand, PYPL trades at 1.14X forward 12-month sales per share, while FOUR trades near 1.44X forward 12-month sales per share.

Image Source: Zacks Investment Research

Competition also remains a watch item, especially as PayPal and Shift4 Payments continue shaping investor expectations for BNPL and digital payments. Still, Sezzle’s current momentum is being driven by its own execution rather than broad sector enthusiasm alone.

Conclusion: SEZL Still Looks Like a BuySEZL has already rallied hard, but the move does not look empty. Sezzle is growing GMV, expanding revenue, lifting guidance, improving engagement and producing strong profits. Valuation is no longer cheap after the rally, and that raises the need for consistent execution. PayPal and Shift4 Payments remain important BNPL and payments peers, yet Sezzle offers a cleaner, high-growth, high-margin story.

  Guidance, margins and subscriber growth support the view that the business can grow into its higher expectations. With earnings momentum still strong and multiple growth levers in place, SEZL remains a Buy for investors comfortable with volatility. Estimate revisions also echo a similar sentiment, and therefore, for investors, the recent rally looks justified rather than excessive.

At present, SEZL carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Key Takeaways APLD derives nearly 86% of contracted lease revenues from just two hyperscale customers. Applied Digital has about $36B in contracted leases, with most tied to existing hyperscale relationships. APLD faces diversified rivals EQIX and DLR, while customer concentration heightens execution risk. Applied Digital (APLD - Free Report) continues to expand its artificial intelligence data center platform aggressively, but its persistently high customer concentration remains an important investment risk. Although the company has built a sizable portfolio of long-term hyperscale leases, future revenue generation remains heavily dependent on a limited number of counterparties, tying growth closely to the investment priorities and financial health of a few large customers.

The exposure remains substantial. Applied Digital has approximately $36 billion in contracted lease revenues, with nearly $20 billion associated with one hyperscaler across Delta Forge 1, Polaris Forge 3 and Delta Forge 2. CoreWeave represents another $11 billion through Polaris Forge 1, while a third hyperscaler at Polaris Forge 2 accounts for the remaining $5 billion. Consequently, nearly 86% of the company's contracted revenues are derived from just two customers, highlighting the limited diversification of its revenue pipeline.

This dependence increases execution risk as multiple AI data center campuses are scheduled to become operational through 2027 and 2028. Any delay in capacity deployments, moderation in AI infrastructure investments or deterioration in the credit profile of these key tenants could materially affect future revenue generation. While Applied Digital continues to expand its development pipeline, much of the incremental contracted capacity remains tied to existing hyperscale relationships instead of materially broadening its customer mix.

With the bulk of contracted revenues still resting on just two hyperscalers and little evidence of a broader tenant base taking shape, APLD's customer concentration is likely to remain a defining constraint on the sustainability of its growth trajectory.

APLD Faces Stiff CompetitionApplied Digital faces intense competition from Equinix (EQIX - Free Report) and Digital Realty Trust (DLR - Free Report) , both of which operate with significantly more diversified customer portfolios.

Equinix generates revenues from a broad base of enterprise, cloud and network customers across global markets, while Digital Realty Trust serves a balanced mix of hyperscalers, enterprises and colocation customers. In comparison, Applied Digital remains heavily reliant on a limited number of hyperscale tenants for the bulk of its contracted lease revenues.

Unlike Equinix and Digital Realty Trust, Applied Digital's elevated customer concentration increases its exposure to customer-specific investment decisions and execution risks, potentially making its long-term revenue stream more volatile.

APLD’s Share Price Performance, Valuation & EstimatesApplied Digital shares have returned 31.7% year to date, while the broader Zacks Finance sector has appreciated 4.6% and the Zacks Financial-Miscellaneous Services industry has plunged 12.5%.

APLD Stock’s Performance
Image Source: Zacks Investment Research

Applied Digital stock is trading at a forward 12-month price/sales of 13.14X compared with the broader sector’s 8.97X. APLD has a Value Score of F.

APLD’s Valuation
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for fiscal 2026 loss is pegged at 70 cents per share. Applied Digital reported a loss of 80 cents per share in the previous year.

Centrus Energy Corp (LEU) has signed a definitive contract with the U.S. Department of Energy (DOE), a notable update for the entire nuclear industry. Originally selected earlier this year for a $900 million award, the final contract value has expanded to over $1 billion. 

Key Takeaways Centrus Energy Corp finalized a DOE contract valued at over $1 billion to scale up domestic commercial manufacturing of critical high-assay low-enriched uranium (HALEU). The operational expansion directly supports a recent commercial letter of intent (LOI) signed with Oklo Inc to fuel advanced reactor deployments in Ohio. Advisors can access both Centrus Energy and Oklo via the Range Nuclear Renaissance Index ETF (NUKZ), which captures the broader nuclear fuel and reactor ecosystem. This major funding is designed to transition the company’s HALEU production cascade in Piketon, Ohio, into full-scale commercial operations. For investors monitoring the space, this development highlights the significant public-private capital deployment driving next-generation nuclear infrastructure.

Expanding the Advanced Nuclear Fuel Supply Chain Securing a domestic supply of HALEU remains a bottleneck for the deployment of advanced nuclear reactors in the U.S. The DOE’s commitment derisks the capital expenditure required for Centrus to scale its deployment. Furthermore, this contract allows the company to ramp up production to meet commercial demand.

This infrastructure upgrade directly builds upon recent private sector commercial commitments. Just weeks prior to this contract signing, Centrus finalized a LOI with Oklo Inc. (OKLO). Under the agreement, Centrus will provide enrichment services to supply the necessary fuel for Oklo’s flagship Aurora Powerhouse project slated for southern Ohio.

Playing the Advanced Nuclear Fuel Supply Chain via NUKZ For advisors looking to capture this investment opportunity, an index-based solution like the Range Nuclear Renaissance Index ETF (NUKZ) provides balanced exposure to the entire nuclear value chain.

Both Centrus and Oklo are holdings in NUKZ, allowing advisors to capture both fuel production and reactor deployment. As utilities seek reliable, emissions-free baseload power to meet rising data center electricity demands, the nuclear fuel chain represents a resilient thematic allocation.

Looking for nuclear insights in your inbox? Subscribe here to keep a pulse on nuclear investing through our weekly research.

For more news, information, and analysis, visit the Nuclear Energy Content Hub.

vettafi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for NUKZ, for which it receives an index licensing fee. However, NUKZ is not issued, sponsored, endorsed, or sold by VettaFi. VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of NUKZ.

© kasinv / iStock Editorial via Getty Images

Netflix (NASDAQ:NFLX | NFLX Price Prediction) closed July 2, 2026 with a market capitalization of roughly $327 billion, a figure that would have seemed unreachable to skeptics who watched the stock slide 39.57% over the past year. The valuation reflects 4,210,799,000 shares outstanding at a closing price of $77.65, a level the crowd on Polymarket now assigns a 0.79 probability of ending the month at the $80 level. This is a reported figure, but one that has some investors growing concerned.

What It Means A market cap of that scale after a year like this one requires a business that keeps compounding through the noise. Netflix delivered such performance.

In fact, the company’s Q1 2026 revenue landed at $12.25 billion, up 16% year over year and beating consensus of $12.17 billion. Net income reached $5.28 billion, growing 82.8% against the year-ago quarter, boosted by a $2.80 billion termination fee tied to the abandoned Warner Bros. deal. Strip that one-time item out and operating income still expanded 18.23% to $3.96 billion. Additionally, the company’s free cash flow of $5.09 billion grew 91.44%, while Netflix’s return on equity sits at 48.5%.

Growth is spread across the map. North America grew 14%, EMEA 17%, Latin America 19%, and Asia Pacific 20%, with Japan the largest single contributor to member growth after the World Baseball Classic drew 31.4 million viewers.

Market Reaction Shares closed at $77.65 on July 2, 2026, up 4.66% on the day and 9.52% over the past week (from $70.90 on June 25 to $77.65 on July 2). Over ten years, the stock is up 703.25%.

Bull Case The bull case for Netflix rests on the gap between what the business is producing and what the stock price has been telling investors. Full-year 2026 revenue guidance was reaffirmed at $50.7 billion to $51.7 billion, or 12% to 14% growth. On the positive side, Netflix’s operating margin is targeted at 31.5%, up from 29.5% in 2025, and free cash flow guidance was raised to approximately $12.5 billion from $11 billion.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Netflix didn't make the cut. Grab the names FREE today.

The company’s advertising business is on track to roughly double to $3 billion in 2026, with the advertiser base up 70% year over year to more than 4,000 clients. The ad-supported tier drove over 60% of Q1 sign-ups in ads markets. Netflix ended 2025 with more than 325 million paid members and management estimates it captures only roughly 7% of an addressable revenue pool worth $670 billion.

Capital is coming back to shareholders as well in the form of buybacks, which resumed after the Warner Bros. deal collapsed. Netflix repurchased 13.5 million shares for $1.3 billion in Q1 and $6.8 billion of authorization remaining.

Analyst coverage tilts the same direction, with Wall Street putting forward 37 Buy or Strong Buy ratings, 13 Hold, and zero Sells, with a consensus price target of $114.15. Co-CEO Greg Peters framed the setup on the Q1 call: “We are maintaining our guidance and strong outlook for organic growth that we established for 2026: revenue growth of 12% to 14% and operating margin at 31.5%.”

Bottom Line For long-term holders, the story is a company still compounding at scale while trading at 23x trailing earnings and 23x forward. The next test comes fast, with Q2 2026 earnings confirmed for July 16, 2026 (after market close). Investors will watch closely to see if management can hit its guide of approximately $12.574 billion and a Q2 operating margin of 32.6%. Hit those marks, and the $327 billion price tag stops looking like a ceiling and starts looking like a floor.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Netflix didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

Key Takeaways American Express launched new AI tools to support secure AI-powered payments and developer integrations.AXP uses its closed-loop network to improve approvals, verify intent and strengthen fraud protection.AXP reported 11% revenue growth, reaffirmed 2026 EPS guidance despite higher technology investments. Artificial intelligence is becoming a key part of American Express Company’s (AXP - Free Report) long-term strategy. During its latest earnings call, the company highlighted several AI initiatives aimed at preparing its payments business for the next phase of digital commerce. AmEx also plans to increase technology investments, signaling that AI will remain a major area of focus.

AmEx recently launched the Amex Agentic Commerce Experiences Developer Kit, enabling developers to integrate its cards into AI-powered transactions. It also introduced Amex Agent Purchase Protection, an industry-first feature that protects purchases made by registered AI agents. In addition, the company is building proprietary AI features on its own platforms while partnering with leading AI companies to make its premium membership benefits discoverable and actionable across their platforms.

The company is using its closed-loop payments platform to support these initiatives. Access to end-to-end transaction data helps verify purchase intent, improve payment approvals and strengthen fraud protection and security for both card members and merchants. These capabilities could become increasingly important as AI handles a larger share of digital transactions.

AmEx delivered strong first-quarter results, supporting its investment in future growth. Revenues increased 11% year over year to $18.9 billion, and earnings per share (EPS) rose 18% to $4.28. Despite raising technology investments, the company reaffirmed its full-year 2026 EPS guidance of $17.30-$17.90. As AI continues to reshape digital commerce, these investments could strengthen customer engagement, deepen merchant relationships and support long-term growth.

How Are Competitors Faring?American Express faces intense competition in the payments space from Mastercard Incorporated (MA - Free Report) and Visa Inc. (V - Free Report) , both of which are expanding their AI capabilities to strengthen payment security and support the next phase of digital commerce.

Mastercard recently expanded its Agent Pay platform and introduced Verifiable Intent to support secure AI-driven transactions. These initiatives reflect Mastercard's focus on building trust and security as agentic commerce evolves.

Visa is expanding its AI capabilities to strengthen digital payments and fraud prevention. It recently launched the Visa Threat Intelligence Platform (VTIP) to identify cyber threats before they become payment fraud, reflecting its continued focus on AI-driven payment security.

AXP’s Price Performance, Valuation & EstimatesShares of AXP have risen 8.6% over the past year against the industry’s decline of 26.6%.

Image Source: Zacks Investment Research

From a valuation standpoint, AXP trades at a forward price-to-earnings ratio of 18.28X, up from the industry average of 9.87X. AXP carries a Value Score of C.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for AXP’s 2026 earnings is pegged at $17.67 per share, implying a 14.9% jump from the year-ago period’s level.

Image Source: Zacks Investment Research

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

A month has gone by since the last earnings report for Oracle (ORCL - Free Report) . Shares have lost about 21.7% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Oracle due for a breakout? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent catalysts for Oracle Corporation before we dive into how investors and analysts have reacted as of late.

Oracle Q4 Earnings Beat Estimates, Cloud Growth Fuels RevenuesOracle reported fourth-quarter fiscal 2026 non-GAAP earnings of $2.11 per share, which beat the Zacks Consensus Estimate by 7.65% and surged 24% in dollar terms and 23% in constant currency (cc) on a year-over-year basis.

Total quarterly revenues beat the consensus mark by 0.54% and increased 21% year over year to $19.2 billion, reflecting broad-based demand for Oracle's industry-leading cloud technology and applications suites.

Cloud revenues (IaaS + SaaS) increased 47% to $9.9 billion, driven by 93% growth in Cloud Infrastructure (IaaS), and 10% growth in Cloud Applications (SaaS). This represents a notable acceleration in cloud infrastructure growth compared to prior quarters, signaling unprecedented demand from AI-focused customers.

Oracle's Remaining Performance Obligations ended the fourth quarter at $638 billion, up 363% from the prior year and $85 billion sequentially from the end of the fiscal third quarter. Most of the RPO increase in both the fiscal third and fourth quarters was large-scale AI contracts where the customer prepaid Oracle for the purchase of the GPUs, or the customer bought and supplied the GPUs to Oracle. This substantial backlog provides remarkable visibility into future revenue growth.

ORCL's Q4 Top-Line DetailsCloud Infrastructure revenues (IaaS) surged 93% in USD and 92% in cc to $5.8 billion, marking another dramatic acceleration from the fiscal third quarter's 84% growth rate. Cloud Application revenues (SaaS) were $4.1 billion, up 10% in USD and 9% in cc.

Total cloud revenues (SaaS plus IaaS) surged 47% in USD and 46% in cc to $9.9 billion, demonstrating that cloud remains the primary driver of Oracle's growth trajectory. Cloud revenues now represent 52% of total quarterly revenues.

Software revenues were down 2% to $6.8 billion, reflecting customers' continuing migration from on-premise software to the Cloud. Services revenues were $1.5 billion, up 13%, and Hardware revenues were $0.9 billion, up 9%.

Operating Details of OracleOracle generated fourth-quarter GAAP operating income of $6.1 billion, up 20%, while non-GAAP operating income rose to a record $8.6 billion, up 22%, driven by strong revenue growth and operating efficiency actions taken during the quarter.

GAAP net income available to common shareholders reached $4.2 billion, up 23%, and non-GAAP net income available to common shareholders grew to $6.2 billion, up 26%. Fiscal fourth-quarter GAAP earnings per share increased to $1.45, up 21%, and non-GAAP earnings per share climbed to $2.111, up 24%.

ORCL's Balance Sheet & Cash FlowOracle's strong operating income translated to a record fiscal year operating cash flow of $32 billion, up 54%. However, free cash flow was negative $23.7 billion for fiscal 2026 as Oracle continued to execute on investments to support the growth of its Cloud Infrastructure business.

Total notes payable and borrowings stood at approximately $129.5 billion as of May 31, 2026 (current portion of $7.2 billion and non-current portion of $122.3 billion). In fiscal 2026, Oracle raised $43 billion in debt financing and $5 billion in equity financing. In fiscal 2027, Oracle expects to raise approximately $40 billion through a combination of debt and equity financing, including its previously announced $20 billion at-the-market equity issuance.

The board of directors declared a quarterly cash dividend of 50 cents per share of outstanding common stock, consistent with prior quarters.

Forward GuidanceOracle provided the following forward-looking guidance for first-quarter fiscal 2027. Total Revenues are expected to grow from 27% to 29% in both constant currency and USD. Total Cloud revenues are expected to grow between 57% and 63% in constant currency and 58% and 64% in USD. Non-GAAP earnings per share are expected to grow in the range of 16-19% and be between $1.71 and $1.75 in constant currency. Non-GAAP earnings per share are projected to increase 17% to 20% and be between $1.72 and $1.76 in USD.

For fiscal 2027, the company confirmed prior revenue guidance of $90 billion and raised non-GAAP EPS guidance to $8.05, indicating growth of 18% after adjusting for the one-time events of selling its Ampere chip business and Bloom Energy warrants in fiscal 2026.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a upward trend in estimates revision.

The consensus estimate has shifted 5.31% due to these changes.

VGM ScoresCurrently, Oracle has a great Growth Score of A, though it is lagging a bit on the Momentum Score front with a B. Charting a somewhat similar path, the stock was allocated a score of C on the value side, putting it in the middle 20% for value investors.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Oracle has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Key Takeaways PLTR generated $1.3 billion in U.S. revenues during the first quarter of 2026, marking a 104% Y/Y increase.U.S. revenue growth accelerated from 55% in Q1 2025 to 104% in Q1 2026, highlighting strengthening demand.The sustained acceleration reflects rising adoption of Palantir's software. Palantir (PLTR - Free Report) continues to produce impressive financial results, but one metric deserves more attention than any other: U.S. revenue growth.

The company generated $1.3 billion in U.S. revenues during the first quarter of 2026, more than doubling from the year-ago quarter with a 104% increase. Delivering triple-digit growth at Palantir's current scale demonstrates that demand for its Artificial Intelligence Platform (AIP), Gotham and Foundry remains exceptionally strong.

Even more encouraging is the consistent acceleration in this metric. U.S. revenue growth improved from 55% in the first quarter of 2025 to 68% in the second quarter, 77% in the third quarter, 93% in the fourth quarter, and 104% in the first quarter of 2026. Rather than slowing as the business expands, Palantir continues to gain momentum, driven by growing adoption across both public-sector and commercial customers.

Although investors often focus on profitability, valuation, operating margins and cash flow, Palantir's U.S. revenue trajectory may be the clearest indicator of its competitive strength. Sustained triple-digit growth in its largest market suggests the company is still capturing market share and that customer demand remains far from saturated.

As long as Palantir continues delivering robust growth in its U.S. operations, the company is likely to remain one of the most compelling long-term growth stories in enterprise software.

What's Fueling Palantir's U.S. Momentum?Several structural trends are driving the company's remarkable domestic growth.

Artificial Intelligence adoption remains the biggest catalyst. Organizations are increasingly deploying AI across mission-critical workflows, creating strong demand for Palantir's AIP platform, which enables customers to operationalize large language models while integrating them with enterprise data and existing business processes.

The commercial business has become another major growth engine. More private-sector companies are adopting Palantir's software to improve decision-making, automate operations and enhance productivity, resulting in a rapidly expanding customer base.

At the same time, government demand remains robust. Palantir continues to deepen its relationships with U.S. defense, intelligence and civilian agencies, benefiting from rising investments in AI-enabled national security, defense modernization and data analytics.

The combination of expanding government contracts and accelerating commercial adoption has created a powerful growth flywheel that continues to lift overall U.S. revenues.

Peer ComparisonTwo of Palantir's most prominent AI software peers are Snowflake (SNOW - Free Report) and MongoDB (MDB - Free Report) , both of which are benefiting from enterprise AI adoption, albeit through different business models.

Snowflake continues to expand its AI-powered cloud data platform, helping enterprises consolidate, manage and analyze large volumes of data. As companies invest more heavily in generative AI, demand for AI-ready data infrastructure should continue supporting Snowflake's long-term growth.

MongoDB is strengthening its position in AI-driven application development through its flexible developer data platform. The company enables enterprises to build scalable, modern applications capable of supporting increasingly sophisticated AI workloads, positioning it to benefit from ongoing software modernization initiatives.

While all three companies are capitalizing on the AI revolution, Palantir currently stands apart because of the extraordinary acceleration in its U.S. business. The company's ability to more than double domestic revenues while simultaneously increasing its growth rate underscores the strength of customer demand and reinforces its leadership position in the rapidly evolving AI software landscape.

PLTR’s Price Performance & EstimatesThe stock has declined 27.5% year to date compared with the industry’s 6.5% fall.

                                                              Image Source: Zacks Investment Research

From a valuation standpoint, PLTR trades at a forward price-to-sales ratio of 33X, well above the industry’s 3.98X. It carries a Value Score of F.

                                                                     Image Source: Zacks Investment Research

The Zacks Consensus Estimate for PLTR’s 2026 earnings has declined over the past 60 days.

PLTR currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

© gorodenkoff / iStock via Getty Images

Abbott Laboratories (NYSE:ABT | ABT Price Prediction) and Danaher (NYSE:DHR) both closed the books on Q1 2026 with very different stories. Abbott leaned on consumer-facing devices and diagnostics that sit inside pharmacies and homes. Danaher leaned on bioprocessing tools and lab equipment sold to drugmakers. One business feels recession resistant. The other depends on capital spending decisions inside biotech.

FreeStyle Libre Carries Abbott. Cepheid Drags Danaher. Abbott’s Medical Devices segment hit $5.539 billion, up 13.2%, with FreeStyle Libre continuous glucose monitors alone bringing in $2.08 billion. That is a device sold to millions of everyday diabetics, and CEO Robert Ford told investors the addressable market sits at “between 70 million and 80 million people” globally against roughly 10 to 12 million users today. Cologuard, absorbed through the $21 billion Exact Sciences deal closed March 23, grew mid-teens.

Danaher’s picture is messier. Diagnostics core sales fell 4.0% as Cepheid respiratory revenue dropped roughly 25% year over year on a soft flu season. Bioprocessing equipment declined modestly, though CEO Rainer Blair pointed to “orders growth of more than 30%, marking the first quarter of year-over-year equipment order growth in nearly 2 years.” Encouraging, but customer wallets stay tight.

Consumer Cash Flow Versus Capital Equipment Cycles Lens Abbott Danaher Core Bet Consumer medical devices, CGM, cancer screening Bioprocessing tools, lab instruments, diagnostics Growth Engine FreeStyle Libre, Cologuard, Electrophysiology Cytiva bioprocessing consumables Main Vulnerability Nutrition volume, FX, tariffs Biotech capex cycle, respiratory seasonality Abbott’s growth reads like a consumer staples business dressed as healthcare. Rhythm Management posted its third consecutive quarter of double-digit growth, and Ford framed Cologuard’s edge against a “fixed amount of colonoscopy capacity”. Danaher’s fortunes depend on when biotech customers greenlight new bioreactor lines. Nutrition remains Abbott’s soft spot at -6.0%, which I would not ignore.

The Next Test Is Biotech Capex Danaher raised its full-year adjusted EPS band to $8.35 to $8.55 and guided Q2 adjusted operating margin near 26.5%. The Masimo acquisition adds patient monitoring, but integration risk is real. Abbott guided full-year comparable sales growth of 6.5% to 7.5% and Q2 adjusted EPS of $1.25 to $1.31. Polymarket traders currently assign a 32% probability that Abbott’s Q2 comparable sales growth lands in the 8% to 10% range.

Why I Lean Toward Abbott Right Now I want the business that gets paid whether or not biotech venture funding thaws. Abbott sells sensors, screening tests, and cardiac devices to patients and insurers, and it just paid its 409th consecutive quarterly dividend in a 54th consecutive year of increases. Shares are down 26.76% year to date, a notable drawdown against the CGM runway.

Danaher fits a different investor. For investors who believe the bioprocessing order rebound is real and durable, DHR trades at $190.48, offering leverage to that recovery. The consumer cash flow engine looks more durable today, with Danaher worth revisiting once brownfield projects convert into greenfield builds.

Contact [email protected] for any questions or corrections.

Key Takeaways Intuit repurchased $3.37B of stock in the first nine months and approved a new $8B buyback authorization.INTU generated $7.51B in operating cash flow, supporting buybacks, dividends and growth investments.Intuit expanded lending, sold $1.4B of business loans and continued investing across AI and core platforms. Intuit's (INTU - Free Report) strong cash generation is enabling it to aggressively invest in growth while returning substantial capital to shareholders. In third-quarter fiscal 2026, the company repurchased $1.6 billion of stock, more than double the prior-year quarter. During the first nine months, it bought back 6.6 million shares for $3.37 billion, up more than 60% year over year.

The board also approved a new $8 billion repurchase authorization, underscoring confidence in the company's long-term prospects. Repurchases reduced shares outstanding to about 273.5 million by May 14, despite 1.7 million shares issued under employee stock plans, resulting in a meaningful net decline in the share count.

Intuit returned roughly $4.4 billion to its shareholders through buybacks and dividends during the first nine months of fiscal 2026, while operating cash flow climbed 29% year over year to $7.51 billion, comfortably funding these returns. The company ended the quarter with about $6.8 billion in cash and investments, and $6.2 billion of debt.

At the same time, Intuit continued investing heavily in AI, TurboTax Live, QuickBooks Online, Intuit Enterprise Suite, payments, payroll, business lending, Credit Karma and mid-market expansion. Research and development spending rose 18% to $2.52 billion, while selling and marketing expenses increased 13% to $4.27 billion.

The company also expanded its lending business, with loan originations and purchases reaching $4.93 billion. Although credit-loss provisions increased, Intuit sold about $1.4 billion of business loans to institutional investors, helping manage balance-sheet risk while supporting continued growth.

How Are INTU’s Competitors Returning CapitalH&R Block (HRB - Free Report) raised its quarterly dividend 12% to 42 cents per share and maintains a $1.5 billion share repurchase authorization. Over the past eight years, HRB has reduced its share count by more than 40% through aggressive buybacks, highlighting HRB's strong focus on shareholder returns.

Automatic Data Processing (ADP - Free Report) is an active dividend payer. It has increased its dividend annually for roughly 50 consecutive years. ADP's current annualized dividend is approximately $6.80 per share, based on a quarterly payout of $1.70. ADP also conducts share repurchases, complementing dividends with buybacks while continuing to invest in cloud payroll, HR software and AI-enabled services.

INTU’s Price Performance, Valuation and EstimatesShares of Intuit have fallen 0.4% over the past month, outperforming the broader industry and underperforming the S&P 500 Index.

Image Source: Zacks Investment Research

In terms of forward 12-month Price/Sales (P/S), Intuit is currently trading at 3.15X, which is at a discount to the industry average of 5.21X.

Image Source: Zacks Investment Research

Intuit’s estimate revisions reflect a positive trend. The Zacks Consensus Estimate for fiscal 2026 EPS has been revised upward by a cent to $23.86 over the past 30 days. The consensus estimate for 2026 calls for 18.4% growth year over year.

Image Source: Zacks Investment Research

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

Key Takeaways PANW added 110 new platformized customers in Q3 2026, bringing the total to about 2,280 customers.PANW is expanding its platform with CyberArk and Chronosphere to strengthen security capabilities.PANW targets more than 4,000 platformized customers and $20 billion in Next-Generation Security ARR by 2030. Palo Alto Networks (PANW - Free Report) is focusing on its platformization strategy, which involves getting its customers to adopt multiple PANW products spanning across network, cloud and endpoint security, under a unified platform approach. In the third quarter of fiscal 2026, the company added 110 new platformized customers, including 20 from the CyberArk and Chronosphere acquisitions. Total platformized customers reached approximately 2,280 at the end of the third quarter.

Platformized customers continue to show strong spending and retention trends. PANW's platformized customers currently have a 120% net retention rate and single-digit churn. This means existing customers continue to buy more PANW products over time, while very few leave the platform. During the third quarter, the company shared examples of customers expanding their deployments. A large U.S. power producer adopted next-generation firewalls and SASE in an $80 million deal, while a global consulting company signed a contract worth more than $20 million to use Prisma AIRS for securing its AI applications and agents.

PANW is also expanding its platform through acquisitions. The CyberArk acquisition adds identity security, while Chronosphere strengthens its observability capabilities. The company has already launched around 1,000 cross-selling engagements related to CyberArk. Management believes these additions will help customers manage network security, cloud security, identity security, AI security and security operations from a single platform instead of using multiple vendors.

Platformization is central to PANW's long-term financial goals. The company aims to reach more than 4,000 platformized customers and $20 billion in Next-Generation Security annual recurring revenues by fiscal 2030. If adoption continues to rise, PANW's platformization strategy could remain one of the most important contributors to the company’s long-term growth. The Zacks Consensus Estimate for fiscal 2026 and 2027 revenues indicates a year-over-year increase of around 23.7% and 20.2%, respectively.

How Competitors Fare Against PANWCompetitors like CrowdStrike (CRWD - Free Report) and SentinelOne (S - Free Report) are also gaining ground through platform expansion and AI innovation.

CrowdStrike ended its first quarter of fiscal 2027 with $5.51 billion in ARR, reflecting 24% year-over-year growth. The robust increase was fueled by the growing adoption of CrowdStrike’s Falcon Flex subscription model.

Though comparatively a small competitor, SentinelOne posted first-quarter fiscal 2027 year-over-year growth of 23% in its ARR. The growth was fueled by the rising adoption of SentinelOne’s AI-first Singularity platform and Purple AI.

PANW’s Price Performance, Valuation & EstimatesShares of Palo Alto Networks have jumped 83.4% in the year-to-date period compared with the Zacks Security industry’s return of 61.2%.

PANW’s YTD Price Return Performance
Image Source: Zacks Investment Research

From a valuation standpoint, Palo Alto Networks trades at a forward price-to-sales ratio of 20.31X compared with the industry’s average of 18.07X. The Zacks Value Score of F also suggests that PANW stock is overvalued.

PANW Forward 12-Month P/S Ratio
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Palo Alto Networks’ fiscal 2026 and 2027 earnings implies year-over-year growth of 12.9% and 8.1%, respectively. The estimates for fiscal 2026 and 2027 have been revised up by 6 cents and 8 cents, respectively, over the past 60 days.

Image Source: Zacks Investment Research

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