Instead, Navellier advises that investors should “prefer individual stocks,” specifically recommending refiners like Phillips 66 (NYSE:PSX) to capitalize on the 2026 energy crunch.
Case Against Energy ETFsNavellier, founder and chief investment officer of Navellier & Associates, is taking a firm stance against broad commodity funds amid surging market volatility. "I do not recommend any energy ETFs and prefer individual stocks," Navellier stated.
This sentiment regarding the structural risks of ETFs is echoed by Bitunix Exchange analyst Dean Chen. Chen warned that funds like USO and the BNO carry significant futures rollover risks.
If the U.S.-Iran conflict suddenly de-escalates and supply chains normalize, the futures curve could flip into contango, generating painful “negative roll costs” for long-term ETF holders.
‘Temporary’ War PremiumWhile geopolitical tensions and naval blockades have pushed crude prices to near-term highs, Navellier does not foresee a sustained, runaway rally driven by the conflict alone.
He expects strong seasonal factors to support prices, projecting WTI crude to remain high—”up to $82 per barrel for WTI”—through Labor Day due to peak worldwide demand.
However, he dismissed the longevity of the war-driven price premium. "The recent uptick in crude oil prices due to the resumption of U.S. attacks on the IRGC is expected to be temporary, since the IRGC is being systematically neutered," Navellier explained.
The 2026 Refining BottleneckNavellier’s preference for individual refining stocks like PSX aligns perfectly with a broader structural shift in the energy sector. With approximately 10% of global refining capacity currently offline, active refiners are posting historic profit margins.
As Chen summarized, "In 2026, global oil pricing is no longer determined only by how much crude exists underground, but by the physical limits of alternative trade routes and whether critical energy infrastructure can survive geopolitical conflicts."
For now, experts agree that investing directly in resilient refining infrastructure offers a stronger tactical advantage than betting on crude futures.
Price Action in Crude and Related InstrumentsNavellier’s recommendations, PSX and DINO have both advanced in 2026. PSX was up 56.01% year-to-date, 17.05% over the month and 62.79% over the year. Meanwhile, DINO gained 88.45% YTD, 30.43% over the month and 102.57% over the year.
At the last check, Crude Oil WTI Futures were up 1.63% at $80.24, and Brent Oil Futures were up 1.28% at $85.31. Meanwhile, USO closed 1.71% lower on Thursday, and it was up 1.38% in the premarket on Friday. Similarly, BNO closed 1.70% lower at $47.78, and it was 1.22% higher in the premarket on Friday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: MMD Creative on Shutterstock.com
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
The transaction involved 39,161 shares with a total value of ~$3.1 million based on a weighted average execution price of $79.00 on July 10, 2026. This disposition accounted for 10% of the insider's total equity holdings and 22% of their direct ownership in the company.
Jim Cramer has a message for anyone who bought Micron, Corning, or Seagate with borrowed money: get out now, before the margin clerks make the decision for you.
On Mad Money, the CNBC host laid out why the current unraveling in tech and semiconductor stocks has almost nothing to do with how these companies are actually performing, and everything to do with leverage. “Panic is not a strategy,” he said, before explaining exactly why panic is winning anyway.
Cramer’s Core Argument: Leverage Beats Fundamentals Cramer’s central point is that strong fundamentals cannot save a stock once a leverage-fueled rally goes into reverse. “When you get these parabolic rallies that they’ve had based on overconfidence and leverage on the part of overexuberant traders, well, if you buy a stock thinking that it can fly all the way to the sun, you’re going to get burned no matter how good the fundamentals are, especially if you use margin, something I abhor and will be the bane of your existence if you’re not careful.”
Corning Was Exhibit A Corning (NYSE:GLW | GLW Price Prediction) drew Cramer’s sharpest example. “When you watch Corning go from $77 to $271 in a short period of time, you know that you have to sell some,” Cramer said. “Maybe you have to cut the position in half because the fundamentals are no longer in the driver’s seat. The crazies are.” Our data shows Corning surging more than 200% over the past year, then tumbling nearly 18% in just the past week, exactly the kind of round trip he describes. Corning trades around $158 after that flush.
The Mechanics of a Forced Unwind Once big institutions start selling, there is nobody left with the firepower to hold prices up. “When you get the professionals selling huge chunks of stock, as we have right now, the margin amateurs and the call buyers and inexperienced hedge fund managers cannot possibly prop up the share prices. So what happens? The calls quickly cease to be worth anything. The margin buyers don’t have enough money to fend off the margin calls, so they’re forced to sell at bad prices.” Company quality becomes beside the point. “At this very moment, it doesn’t matter one bit how these companies are actually doing. Do you know that what matters is how the margin clerks are doing? That’s why, by the way, I like to wait until 2 p.m. to see if there’s a real bottom. That’s when the margin clerks are done selling for the day.” In a forced-selling cascade, the bottom arrives when liquidations exhaust themselves, not when earnings stabilize.
Micron: A Blowout Quarter Meets a Margin Flush The companies themselves are fine. Micron Technology (NASDAQ:MU) delivered a fiscal Q3 that raised the bar for the entire memory complex: revenue of $41.46 billion versus $35.25 billion expected, non-GAAP EPS of $25.11, and GAAP gross margin of 84.6%, per the company’s 8-K filing. CEO Sanjay Mehrotra told investors that “Micron’s record fiscal Q3 financial results and even stronger outlook for Q4 reflect the strategic value of memory in the AI era.” Q4 guidance calls for $50.0 billion in revenue and $31.00 in non-GAAP EPS.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Grab the names FREE today.
Then the stock rolled over anyway. Micron down 14% on the week even as it sits up nearly 199% on the year. Options positioning tells the same story: tomorrow’s expiration alone carries 337,818 calls of open interest against 577,051 puts, evidence of the leveraged, speculative crowd Cramer is describing.
Seagate Rides the Same Wave Seagate Technology (NASDAQ:STX) sits in the same demand story and the same drawdown. Fiscal Q3 revenue hit $3.11 billion, up 44.1% year over year, with CEO Dave Mosley telling investors that “Seagate is entering a new era of structural growth as AI applications amplify data creation and support sustained storage demand.” The stock still slid 16.25% over the past week.
That gap between fundamentals and price action is exactly what Cramer flagged as healthy. “The faster you get rid of those who borrow the money to buy an SK Hynix or Micron, the healthier this market will be. The unwind is good news.”
The Warning That Gives This Story Its Edge “If you’re borrowing money to buy stocks, I think you’ll still have a chance to get out with your shirt on. But if you persist, you might be naked by Monday.”
Parabolic moves unwind faster than they build, and margin turns a good company into a perilous stock the moment sentiment cracks. Cramer sees Micron and Corning as fundamentally sound businesses. His warning is that borrowed money in a forced-selling market is a trap, and the exit is closing. Sell the leverage, he argues, and once the margin clerks finish their work, the opportunity comes back elsewhere.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Grab the names FREE today.
Intuitive Surgical shares fell about 12% in premarket trading on Friday.
The decline came after the robotic surgery company issued a full-year procedure growth forecast that disappointed investors.
The weak outlook overshadowed stronger-than-expected second-quarter earnings and revenue.
The maker of the da Vinci robotic surgery platform reported adjusted earnings of $2.80 per share for the quarter, comfortably ahead of analysts' estimates of $2.51.
Revenue rose 19% year over year to $2.89 billion, beating Wall Street expectations of $2.82 billion.
Despite the earnings beat, investors focused on management's projection that da Vinci procedure growth for 2026 will range between 13.5% and 15.5%, with growth expected to be near the midpoint of 14.5%.
The company continued to benefit from the growing adoption of its robotic-assisted surgery platforms.
Worldwide procedures performed using the company's da Vinci and Ion systems increased by about 16% during the quarter.
Da Vinci procedures rose approximately 15%, while procedures using the Ion endoluminal system surged 36%.
Intuitive placed 468 da Vinci surgical systems during the quarter, compared with 395 in the same period last year.
The figure included 246 installations of its latest da Vinci 5 platform.
The company's installed base also continued to expand.
As of June 30, Intuitive had 11,710 da Vinci systems installed globally, up 12% from a year earlier.
The installed base for Ion systems grew 21% to 1,096 units.
Revenue from instruments and accessories, which represents the company's largest and most recurring business, climbed 18% to $1.73 billion.
Systems revenue increased to $685 million from $575 million a year ago.
The company also benefited from a one-time tariff-related refund worth $28 million after tax, equivalent to $0.08 per share.
Management expects adjusted gross margins of between 68% and 69% of revenue for 2026, an improvement from its earlier guidance of 67.5% to 68.5%.
The forecast includes an estimated one percentage point impact from tariffs.
The company also projected adjusted operating expense growth of 11% to 13%.
However, market attention centered on the procedure growth outlook, which many investors viewed as conservative given the company's premium valuation and long history of double-digit expansion.
The results also come shortly after hospital operator HCA Healthcare warned about softer surgical procedure demand and a rise in uninsured patients following the expiration of pandemic-era Affordable Care Act subsidies.
Analysts remain optimistic despite concernsISRG shares have declined about 29% this year, reflecting concerns over slowing growth, increasing competition, and premium valuations.
TD Cowen recently lowered its price target on the stock to $520 from $585 while maintaining a Buy rating.
The brokerage cited competitive pressures, remanufactured surgical instruments, international market challenges, and valuation concerns as factors weighing on sentiment.
Even after lowering its target, TD Cowen's revised valuation still implies roughly 29% upside from Thursday's closing price.
Stifel has maintained a more optimistic stance.
The brokerage reiterated its Buy rating and $670 price target following a survey of 100 robotic surgeons across multiple specialties.
The survey suggested surgeons continue to view Intuitive's technology leadership favourably despite the emergence of new competitors in robotic surgery.
According to Stifel, recently announced upgrades to the da Vinci 5 platform further strengthen the company's competitive position.
The US robotic surgery market is entering its first significant competitive phase in more than two decades after Intuitive largely dominated the segment.
Some market commentators believe the recent sell-off has made the stock more attractive.
The Motley Fool's James Halley noted that Intuitive's forward price-to-earnings multiple has fallen to around 36 times, well below its five-year average of more than 58 times.
"This compression offers a much more attractive entry point into a company where more than 80% of revenue is highly durable and recurring, from instruments, accessories, and services," Halley said.
Wall Street remains broadly positive on the company despite the recent weakness.
According to analyst estimates, the average price target has moderated from $556.89 to $521.37, with forecasts ranging from $366 to $750 per share.
Based on Wednesday's closing price, the consensus target still implies approximately 30% upside.
Among 35 analysts covering the stock, 24 recommend buying Intuitive Surgical, while 10 rate it a Hold and only one recommends selling, indicating that most analysts continue to view the current weakness as a short-term setback rather than a deterioration in the company's long-term growth prospects.
AMC Entertainment Holdings, Inc. (NYSE:AMC) will release its second quarter earnings report before the opening bell on Monday, July 20.
Analysts expect the Leawood, Kansas-based company to report a quarterly loss of 6 cents per share. The consensus estimate for AMC Entertainment’s quarterly revenue is $1.46 billion. It reported $1.4 billion last year, according to Benzinga Pro.
On June 25, AMC Entertainment announced closing of $200 million registered direct offering of common stock.
Shares of AMC Entertainment rose 0.2% to close at $2.07 on Thursday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying AMC stock? Here’s what analysts think:
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NEW YORK, July 17, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Zillow Group, Inc. (NASDAQ:Z, ZG) and certain of the Company’s senior executives for securities fraud after significant stock drops resulting from potential violations of the federal securities laws.
Lead Plaintiff Deadline: August 10, 2026Alleged Misconduct: Securities fraud relating to Zillow’s allegedly anticompetitive agreement with Redfin CorporationLargest Alleged Stock Drop: February 11, 2026 – 16.54% Stock Drop on Class C shares; 17.13% Stock Drop on Class A shares.Court: U.S. District Court for the Western District of WashingtonAction: Contact BFA Law to discuss your rights Investors have until August 10, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Zillow Class C and Class A common stock. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned Breidert v. Zillow Group, Inc., et al., No. 26-cv-02016.
Why is Zillow Being Sued for Securities Fraud?
On February 6, 2025, Zillow entered into an agreement with Redfin through which Zillow became the exclusive provider of multifamily rental listings on Redfin’s platform and affiliate websites, including Rent.com. According to the complaint, during the relevant period, Zillow characterized the agreement with Redfin as a “partnership” that would provide Zillow exclusive access to Redfin’s advertising platform.
As alleged, in truth, under the terms of the agreement, Zillow paid Redfin $100 million to stop competing with Zillow, facilitate the transition of its multifamily rental advertising business to Zillow, and close the remainder of its business.
Why did Zillow’s Stock Drop?
On September 30, 2025, the FTC filed a complaint against Zillow and Redfin alleging violations of the federal antitrust laws. According to the FTC complaint, “Zillow and Redfin executed an unlawful agreement to remove competition from [the online rental marketplaces industry], starting with a $100 million payment to Redfin to exit the [Internet Listing Services] market.” In sum, the FTC alleged, “[t]his agreement is nothing more than an end run around competition on the merits with Redfin for customers…” This news caused the price of Zillow’s Class C and A common stock to decline 4.33% and 4.5%, respectively.
On February 10, 2026, Zillow’s CFO told investors that Zillow experienced increased legal expenses which “will result in approximately 200 basis points headwind to EBITDA margins in Q1.” On this news, the price of Zillow’s Class C and A common stock declined 16.54%, and 17.13%, respectively.
Finally, on May 7, 2026, Reuters reported that a “federal judge rejected [Zillow and Redfin’s] request to end a [FTC] lawsuit accusing them of illegally agreeing to suppress competition for online apartment rental listings.” This news caused the price of Zillow’s Class C and A common stock to decline 1.9% and 1.76%, respectively.
Click here for more information: https://www.bfalaw.com/cases/zillow-class-action-lawsuit.
What Can You Do?
If you invested in Zillow, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) stock fell in Friday’s premarket session as investors weighed the chipmaker’s sharply higher capital spending plans despite another quarter that topped expectations.
While Taiwan Semiconductor boosted its U.S. investment plans and raised its 2026 capital spending outlook to meet surging AI demand, the announcements also renewed concerns about rising costs, potential margin pressure, and whether massive AI-related spending is becoming increasingly difficult for investors to justify.
Taiwan Reassures Investors On Domestic ExpansionThe spending plans also prompted renewed attention on Taiwan’s role as the world’s leading semiconductor manufacturing hub.
Taiwan’s government said Friday it will work to ensure Taiwan Semiconductor’s most advanced chip technology remains on the island after the company unveiled an additional $100 billion investment in Arizona.
Cabinet spokesperson Michelle Lee said Taiwan Semiconductor’s planned construction of 13 leading-edge and advanced packaging fabs in Taiwan will help preserve the country’s semiconductor leadership, while the government continues supporting domestic expansion through land, water, electricity and energy infrastructure, according to Focus Taiwan.
Higher AI Spending Raises New QuestionsThe government’s comments came after Taiwan Semiconductor increased its 2026 capital spending forecast to $60 billion to $64 billion and raised its sales outlook, underscoring management’s confidence in long-term AI demand.
Chief Financial Officer Wendell Huang told analysts that the company’s conviction in the AI megatrend remains very strong and said capital spending over the next three years will be significantly higher than in the past three years, Bloomberg reported Thursday.
Even so, investors focused less on the stronger outlook and more on the implications of sharply higher spending. Taiwan Semiconductor shares declined in both the U.S. and Taipei as concerns grew over capital intensity, future margins and signs of fatigue across AI-related stocks.
Analysts See Short-Term Pressure, Long-Term OpportunityAnalysts largely agreed that near-term sentiment has become more cautious, although many remain constructive on Taiwan Semiconductor’s longer-term outlook.
Leonid Mironov of Gavekal Capital told Bloomberg that investors appear to be rotating away from semiconductor stocks after a prolonged run-up in valuations.
Morgan Stanley said the higher spending partly reflects inflation in semiconductor equipment costs and warned that investors are increasingly focused on the potential impact on profit margins.
Still, not everyone expects the weakness to last.
Kevin Wang of Mizuho Securities told CNBC on Friday that the recent pullback looks more like a temporary correction than a fundamental shift.
The analyst said Taiwan Semiconductor remains fundamentally “very solid” despite the recent share price pullback, arguing the decline reflects broader semiconductor sector volatility rather than company-specific weakness.
He noted that Taiwan Semiconductor continues to trade at a valuation discount to many AI peers and raised his price forecast to 3,150 New Taiwan dollars from 3,000 New Taiwan dollars, citing sustained demand for generative AI servers, CPUs and application-specific integrated circuits.
Wang said the higher capital spending should support stronger growth over the next two years by expanding advanced manufacturing capacity.
Taiwan Semiconductor Price ActionTSM Stock Price Activity: Taiwan Semiconductor shares were down 3.63% at $394.86 during premarket trading on Friday, according to Benzinga Pro data.
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Eli Lilly's first venture into psychedelic medicine, a takeover of AtaiBeckley worth up to $3.8 billion, is above all a vindication of two decades of British research once dismissed as fringe science.
The prize at the centre of the deal is BPL-003, a nasal spray formulation of the psychedelic compound 5-MeO-DMT developed by Beckley Psytech, the Oxford company founded by Amanda Feilding and her son Cosmo Feilding Mellen.
Feilding, who died in May 2025 and was often called the "Queen of Psychedelics", spent decades dragging the field towards scientific respectability through her Beckley Foundation, collaborating with Imperial College London and playing a pivotal role in the world's first LSD brain imaging study.
Her son's company took that work commercial, and its lead compound entered phase III trials for treatment-resistant depression this year, following phase IIb data showing statistically significant improvements in patients from day two, maintained through day 57.
Beckley Psytech merged with Germany's atai Life Sciences last November in a $390 million all-share deal, and barely eight months later the combined company has been swallowed by one of the world's largest drugmakers at almost ten times that valuation.
Lilly will pay $6.75 per share in cash, an upfront equity value of around $2.8 billion and a 26% premium to Wednesday's close, with up to a further $1 billion tied to development and regulatory milestones.
Shares in Nasdaq-listed AtaiBeckley jumped more than 30% on the news.
For Lilly, the company that transformed depression treatment with Prozac, the deal is a bet that the next revolution in psychiatry will work very differently.
Where conventional antidepressants slowly alter brain chemistry, psychedelics are thought to rapidly promote the growth of new neural connections, addressing the lack of brain plasticity seen in patients who do not respond to standard treatments.
Lilly's chief scientific officer, Daniel Skovronsky, said the science of how such drugs bind to brain receptors and trigger neurons to become more plastic is now well understood, even if the field still debates whether the hallucinogenic experience is essential to the effect.
The commercial logic is equally clear.
Jefferies analyst Andrew Tsai estimates BPL-003 could generate sales of $1 billion to $2 billion if late-stage trials succeed, while RBC Capital Markets reckons the psychedelics industry could reach $12 billion in revenue by 2034, rivalling the current $8 billion market for branded antidepressants.
Johnson & Johnson (NYSE:JNJ) has already proved the model, with its ketamine-derived nasal spray Spravato generating $468 million in first-quarter sales, and AbbVie bought Gilgamesh Pharmaceuticals' lead psychedelic candidate for up to $1.2 billion last year.
A friendlier regulatory backdrop under the Trump administration, which has prioritised psychedelic-based treatments for depression and post-traumatic stress disorder, has removed another barrier.
Topline phase III data on BPL-003 is not expected until early 2029, so Lilly is paying $2.8 billion upfront for a drug that is years from market.
That it is willing to do so says much about how far psychedelics have travelled, and how much of that journey began in Oxford.
Here are three stocks with buy rank and strong income characteristics for investors to consider today, July 17:
Texas Instruments Incorporated (TXN - Free Report) : This semiconductor company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.4% the last 60 days.
This Zacks Rank #1 company has a dividend yield of 1.9%, compared with the industry average of 0.3%.
JPMorgan Chase & Co. (JPM - Free Report) : This bank and financial holding company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.1% the last 60 days.
This Zacks Rank #1 company has a dividend yield of 1.7%, compared with the industry average of 1.1%.
The Goldman Sachs Group, Inc. (GS - Free Report) : This financial services company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.3% in the last 60 days.
This Zacks Rank #1 company has a dividend yield of 1.6%, compared with the industry average of 1.1%.
See the full list of top ranked stocks here.
Find more top income stocks with some of our great premium screens.
NEW YORK, July 17, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Intuit Inc. (NASDAQ:INTU) and certain of the company’s senior executives for securities fraud after significant stock drops resulting from potential violations of the federal securities laws.
If you invested in Intuit, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/intuit-class-action-lawsuit.
Key Details of the Intuit ($INTU) Class Action:
Lead Plaintiff Deadline: September 8, 2026Class Action Allegations: Securities fraud alleging that Intuit misled investors regarding TurboTax’s purported competitive advantages and growth prospectsLargest Alleged Stock Drop: May 21, 2026 – 20.02% Stock Drop Court: U.S. District Court for the Northern District of CaliforniaAction: Contact BFA Law to discuss your rights Investors have until September 8, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Intuit securities. The class action is pending in the U.S. District Court for the Northern District of California. It is captioned Baldwin v. Intuit Inc., et al., No. 26-cv-7086.
Why is Intuit Being Sued for Securities Fraud?
Intuit is a financial technology platform that serves consumers, small and mid-market businesses, and accountants through its offerings, which include TurboTax, Credit Karma, and QuickBooks.
During the relevant period, Intuit told investors it had significant “momentum” across its business segments, including TurboTax. Intuit attributed its “momentum” to purportedly significant competitive advantages, including integration of AI in its business and operations. Intuit also told investors that the 2026 tax season was “off to a strong start” as the company was poised to deliver the “best price for our customers.”
In truth, as alleged, the company was facing pressure among the most price-sensitive DIY tax filers and was not competitive on price in this segment.
Why did Intuit’s Stock Drop?
On May 20, 2026, before market hours, Reuters published an article titled “Intuit to cut 17% of global jobs to streamline operations, memo shows.” Reuters reported that Intuit was “laying off about 17% of its workforce” and was “winding down its Reno and Woodland Hills offices as part of a strategic restructuring to consolidate teams[.]” This news caused the price of Intuit stock to decline $15.78 per share, or 3.95%, from a closing price of $399.71 per share on May 19, 2026, to $383.93 per share on May 20, 2026.
Also on May 20, 2026, after market hours, Intuit released its fiscal Q3 2026 financial results, which included its 2026 tax season revenue. Intuit stated that it “did not have the overall tax season we expected” and that it “faced pressure among the most price-sensitive DIY filers.” Intuit stated that “[w]e [lost] on price.” Intuit also announced that TurboTax online paying units were expected to grow by only 2% as total IRS filers were expected to decline by approx. 30 basis points, representing the “most significant industry-wide contraction since the post-COVID tax season.” This news caused the price of Intuit stock to decline $76.86 per share, or 20.02%, from a closing price of $383.93 per share on May 20, 2026, to $307.07 per share on May 21, 2026.
Click here for more information: https://www.bfalaw.com/cases/intuit-class-action-lawsuit.
What Can You Do?
If you invested in Intuit, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Scotts (SMG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
South Korea's decision to fine e-commerce firm Coupang over a data leak has drawn criticism from Washington and raised questions about the country's openness to American tech, raising worries the matter is impacting Seoul's relations with the U.S.
NEW YORK, July 17, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against ZoomInfo Technologies Inc. (NASDAQ:GTM) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in ZoomInfo, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit.
Key Details of the ZoomInfo ($GTM) Class Action:
Lead Plaintiff Deadline: August 24, 2026Alleged Misconduct: Securities fraud alleging that ZoomInfo misled investors regarding the impact of ZoomInfo’s AI-integrated products on customer retentionStock Drop: May 12, 2026 – 33% Stock DropCourt: U.S. District Court for the Western District of WashingtonAction: Contact BFA Law to discuss your rights Investors have until August 24, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in ZoomInfo securities. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned Tejeda v. ZoomInfo Technologies et al., No. 26-cv-05696.
Why is ZoomInfo Being Sued for Securities Fraud?
ZoomInfo has been sued for securities fraud following a significant stock drop resulting from potential violations of the federal securities laws. The decline in ZoomInfo’s stock price caused significant losses to investors.
ZoomInfo provides go-to-market (“GTM”) intelligence and a customer engagement platform for sales, marketing, operations, and recruiting professionals.
Throughout the relevant period, ZoomInfo allegedly stated that “the demand for AI for GTM is evident up and down our customer stack.” According to ZoomInfo, its “innovative go-to-market AI” was “driving stronger daily engagement from a diverse set of go-to-market personas.”
On February 9, 2026, ZoomInfo issued its 2026 revenue guidance “in the range of $1.247 billion to $1.267 billion,” because “in 2026, our focus is on bringing” ZoomInfo’s “all-in-one AI platform for go-to-market teams . . . to our customers at scale.”
In truth, as alleged, ZoomInfo’s customer retention declined as customers were rejecting ZoomInfo’s AI products.
Why did ZoomInfo’s Stock Drop?
On May 11, 2026, ZoomInfo announced its Q1 2026 results and slashed its 2026 revenue guidance from $1.247-$1.267 billion to $1.185-$1.205 billion. ZoomInfo revealed that its customer growth “regressed” due to “AI and agentic confusion” leading to “a pause in [customers’] purchasing decisions[.]”
This news caused the price of ZoomInfo stock to decline $1.98 per share, or 32.78%, from a closing price of $6.04 per share on May 11, 2026, to $4.06 per share on May 12, 2026.
Click here for more information: https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit.
What Can You Do?
If you invested in ZoomInfo, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
New York, NY, July 17, 2026 (GLOBE NEWSWIRE) -- Tribeca Strategic Acquisition Corp. (the “Company”) announced today that, commencing July 20, 2026, holders of the units sold in the Company's initial public offering may elect to separately trade the Company's Class A ordinary shares and rights included in the units. The Class A ordinary shares and rights that are separated will trade on the Nasdaq Global Market under the symbols “BID” and “BIDWR,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “BIDWU.” Holders of units will need to have their brokers contact Efficiency, INC., the Company’s transfer agent, in order to separate their respective units into Class A ordinary shares and rights.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Tribeca Strategic Acquisition Corp.
The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Although the Company may pursue an initial business combination in any business or industry sector or geographical location, it intends to focus on identifying a business combination target in the software, technology, artificial intelligence, digital asset, clean energy and other high growth sectors.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated use of the net proceeds from the offering and simultaneous private placement and search for an initial business combination. No assurance can be given that the Company will ultimately complete a business combination transaction.
Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company's registration statement and prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Company Contact
Tribeca Strategic Acquisition Corp.
1301 Avenue of the Americas, 6th Floor
New York, NY, 10019
Attn: Timothy R. Ramdeen [email protected]
(646) 593-7050
Shares of petroleum refiner PBF Energy (PBF +3.71%) rose by 10.5% in the week to Friday morning. The reason for the move is pretty straightforward, but the factors that need to come together to stop it are anything but straightforward.
Why PBF stock is soaring The refiner's stock is up almost 125% in 2026 as of the time of writing. The overall move and this week's performance are driven by higher crack spreads. In other words, the difference between the price of refined products and the key input price of crude oil.
Today's Change
(
3.71
%) $
2.18
Current Price
$
60.94
The most commonly followed crack spread is the so-called 3-2-1 crack spread. It represents the difference between two barrels of gasoline and one barrel of diesel compared to three barrels of crude oil. This is the key metric for PBF, rather than focusing solely on crude oil input prices. The good news, from PBF's perspective, is that the 3-2-1 crack spread has risen by double digits over the last week to close to $69.
It's a significant improvement from nearly $43 at the start of June, when optimism over a potential resolution to the hostilities with Iran was higher. It's also a massive increase from the $20 that it started in 2026 with.
Image source: Getty Images.
The Strait of Hormuz and PBF The increase came as the memorandum of understanding with Iran collapsed, leading to an escalation in the conflict and, at the very least, restricting commercial traffic through the Strait of Hormuz. Not only does about a fifth of global crude oil flow through the Strait of Hormuz, but the Gulf countries are also major producers of refined oil products.
As such, it's not just a problem of non-US refiners getting hold of crude oil to refine; it's also an issue of a lack of refined products (jet fuel, etc.) hitting the market. All of which is a positive for PBF, because even though it has to pay a higher price for crude, it's still able to secure domestic crude oil and profit from widening crack spreads. Moreover, the longer traffic through the Strait is restricted, the more PBF is likely to benefit.
Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
SummaryWestern Union trades at a compelling 4.6x 2026 adjusted EPS guidance, offering an 11% dividend yield and speculative turnaround potential.Despite declining traditional remittance revenues and margin pressure, WU maintains profitability and confirmed 2026 guidance, with digital and Consumer Services showing growth.The $500M Intermex acquisition targets improved Americas performance, aiming for $0.10+ EPS accretion, but faces integration and regulatory risks.Digitalization, stablecoin initiatives, and aggressive cost management underpin WU’s speculative Buy rating, contingent on stabilizing earnings and sustaining dividends. martinrlee/iStock Editorial via Getty Images
Introduction The Western Union Company (WU) may not be the perfect company, but its valuation has dropped to very attractive levels. The company faces problems with the rise in digital competition, deteriorating remittance trends from the
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
, /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "HKEX") which require advance notice of board meetings at which a dividend is expected to be declared, that its board of directors (the "Board") will consider the declaration and payment of a quarterly dividend (the "Dividend"). If the Board decides to proceed, the declaration will be adopted by Board resolution on or around July 30, 2026 (Beijing/Hong Kong Time) and will be promptly disclosed by the Company.
The Company makes available through the Investor Relations section of its internet website at http://ir.yumchina.com its filings with the HKEX as soon as reasonably practicable after electronically filing such materials with the HKEX. These filings may also be obtained by visiting the HKEX's website at http://www.hkex.com.hk.
As no Board resolution in relation to the Dividend has been adopted as of the date of this press release, there is no assurance that the Dividend will be declared.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "project," "likely," "will," "continue," "should," "forecast," "outlook" or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q) for additional detail about factors that could affect our financial and other results.
About Yum China Holdings, Inc.
Yum China is the largest restaurant company in China with a mission to make every life taste beautiful. The Company operates over 18,000 restaurants under six brands across around 2,600 cities in China. KFC and Pizza Hut are the leading brands in the quick-service and casual dining restaurant spaces in China, respectively. In addition, Yum China has also partnered with Lavazza to develop the Lavazza coffee concept in China. Little Sheep and Huang Ji Huang specialize in Chinese cuisine. Taco Bell offers innovative Mexican-inspired food. Yum China has a world-class, digitalized supply chain which includes an extensive network of logistics centers nationwide and an in-house supply chain management system. Its strong digital capabilities and loyalty program enable the Company to reach customers faster and serve them better. Yum China is a Fortune 500 company with the vision to be the world's most innovative pioneer in the restaurant industry. For more information, please visit http://ir.yumchina.com.
On Dec. 31, arguably the most renowned investor of our generation, billionaire Warren Buffett, hung up his work coat for the final time. In his more than half-century as CEO of Berkshire Hathaway (BRKA +0.75%)(BRKB +0.82%), the Oracle of Omaha led his company's Class A shares (BRKA) to a nearly 6,100,000% gain, outperforming the benchmark S&P 500 (^GSPC 0.51%) by well over 6,000,000%!
Even though Buffett is no longer overseeing Berkshire's day-to-day operations or its $356 billion investment portfolio, his wisdom and investing philosophies still echo through Wall Street -- and with good reason.
Although you'd struggle to find someone more steadfastly optimistic about America's future than Buffett, his views on today's stock market are less than encouraging.
Warren Buffett retired as Berkshire's CEO on Dec. 31. Image source: The Motley Fool.
Casino culture is ruining Wall Street Berkshire's now-former boss relied on a laundry list of unwritten rules when putting his money to work on Wall Street. He sought out businesses with experienced management teams, favored companies with sustainable moats, and appreciated businesses that delivered robust capital-return programs.
But above all else, he focused on the long-term and demanded value from his investments (whether he was buying pieces of a company or acquiring it). In Buffett's eyes, both of these key pieces needed for success in the stock market are currently missing.
Warren Buffett on the markets: "Since humans love to gamble so much, there's more money in actually cultivating gamblers than there are cultivating investors." https://t.co/yf0a04TmKJ pic.twitter.com/xtO2c6oX2Y
-- CNBC (@CNBC) July 15, 2026 In an exclusive CNBC interview with Becky Quick on July 15, Quick probed Buffett about his views on finding opportunities in today's market, to which he responded:
Since humans love to gamble so much, there's more money in actually cultivating gamblers than there are cultivating investors.
These final 12 words, "there's more money in actually cultivating gamblers than there are cultivating investors," are a sad but inescapable reality for today's stock market. Same-day option contracts volume has soared, courtesy of retail investors, and shades of irrational exuberance 2.0 are prevalent as investors pile into anything related to artificial intelligence infrastructure.
Image source: Getty Images.
Irrational exuberance 2.0 has taken hold While history firmly supports Buffett's long-term optimism -- the S&P 500 hasn't had a single negative rolling 20-year total return -- it also backs up his wariness of short-term gambling culture and sky-high valuations.
In a 2001 interview with Fortune magazine, Buffett referred to the market-cap-to-GDP ratio as "probably the best single measure of where valuations stand at any given moment." This ratio, arrived at by dividing the cumulative value of all public companies by U.S. gross domestic product (GDP), is now known as the Buffett indicator.
Warren Buffett Indicator hit an all-time high of 239% last week, the most expensive stock market valuation in history 🚨🚨 pic.twitter.com/NoIMxNRGkP
-- Barchart (@Barchart) June 10, 2026 On June 1, the Buffett indicator reached an all-time high of 238.5%. For context, the market-cap-to-GDP ratio has averaged closer to 88% since December 1970.
Likewise, the S&P 500's Shiller Price-to-Earnings (P/E) Ratio nearly hit 43 in early June. The other two occasions in which the Shiller P/E topped 40 were followed by declines in the S&P 500 of 49% and 25%, respectively. Value is virtually nonexistent today, and Buffett knows it!
Hub Group (HUBG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
NEW YORK, July 17, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Hub Group Inc. (NASDAQ:HUBG) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in Hub Group, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.
Key Details of the HUBG ($HUBG) Class Action:
Lead Plaintiff Deadline: August 28, 2026Alleged Misconduct: Securities fraud relating to Hub Group’s financial results, revenue recognition, accounting of costs, internal controls, and prospects for/drivers of growthLargest Stock Drop: February 6, 2026 – 18% Stock DropCourt: U.S. District Court for the Northern District of IllinoisFiling Law Firm: Bleichmar Fonti & Auld (“BFA Law”)Action: Contact BFA Law to discuss your rights Investors have until August 28, 2026, to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Hub Group securities. The class action is pending in the U.S. District Court for the Northern District of Illinois. It is captioned Lawler v. Hub Group, Inc., No. 1:26-cv-07596.
Why is Hub Group Being Sued for Securities Fraud?
Hub Group is a transportation and logistics freight carrier that provides trucking and related services to operators across the supply chain. Hub Group services a customer base extending across various industries, including retail, consumer products, automotive, and durable goods, and reports to be one of the largest freight transportation providers in North America.
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements concerning the premature and incorrect revenue recognition of certain transactions, the understatement of purchased transportation costs and accounts payable, the effectiveness of internal controls, and the Hub Group’s drivers of financial results and growth.
Why did Hub Group’s Stock Drop?
On February 5, 2026, Hub Group announced that the Company’s financial statements for the first three quarters of 2025 should not be relied upon and would be restated due to “an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025.” Hub Group revealed that its reports for those quarters “were in each case materially misstated due to the aforementioned error and should no longer be relied upon” and that “the Company [wa]s also continuing to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting and appropriate remediation steps.” Hub Group also estimated that “[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million.”
This news caused the price of Hub Group stock to decline roughly 18%, from $51.33 per share at close on February 5, 2026, to $41.96 per share at close on February 6, 2026.
On May 12, 2026, Hub Group announced that it had “identified certain transactions that were prematurely or incorrectly recognized or not adequately supported,” causing its 2023 and 2024 annual reports filed with the SEC to be “materially misstated,” such that they “should no longer be relied upon.” Hub Group did not quantify the expected misstatement, although it “expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023.”
This news caused the price of Hub Group stock to decline a further 13%, from $41.86 per share at close on May 11, 2026, to $36.62 per share at close on May 12, 2026.
Click here for more information: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.
What Can You Do?
If you invested in Hub Group, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, July 17, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Insulet Corporation (NASDAQ:PODD) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in Insulet, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/insulet-class-action-lawsuit.
Key Details of the Insulet ($PODD) Class Action:
Lead Plaintiff Deadline: August 31, 2026Alleged Misconduct: Securities fraud relating to the safety of Insulet’s Omnipod productsLargest Alleged Stock Drop: March 12, 2026 – 6.88% Stock DropCourt: U.S. District Court for the District of MassachusettsTake Action: Contact BFA Law to discuss your rights
Insulet investors have until August 31, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Insulet securities. The class action is pending in the U.S. District Court for the District of Massachusetts. It is captioned Hu v. Insulet Corporation et al., No. 26-cv-13062.
Why is Insulet Being Sued for Securities Fraud?
Insulet is primarily engaged in the development, manufacture, and sale of insulin delivery systems for people with insulin-dependent diabetes through its Omnipod platform. The Omnipod platform includes: the Omnipod® 5 Automated Insulin Delivery System (“Omnipod 5”), the Omnipod DASH® Insulin Management System (“Omnipod DASH”), and the Omnipod Insulin Management System (“Omnipod Eros”).
Throughout the relevant period, Insulet misrepresented the safety of its Omnipod products as well as its ability to efficiently produce “medical grade quality at consumer electronic scale.” In reality, certain of Insulet’s products suffered from undisclosed manufacturing defects that put patient safety at risk.
Why did Insulet’s Stock Drop?
On March 12, 2026, Insulet disclosed that a manufacturing issue with its Omnipod® 5 Pods caused a “tear in the internal tubing that delivers insulin” resulting in insulin being released inside the Pod “instead of being fully infused into the body as intended.” Accordingly, Insulet “initiated a voluntary Medical Device Correction for specific lots of Omnipod® 5 Pods.”
This news caused the price of Insulet stock to drop $16.23 per share, or 6.88%, from a closing price of $236.07 per share on March 12, 2026, to $219.84 per share on March 13, 2026.
On May 26, 2026, Insulet announced another voluntary Medical Device Correction due to a manufacturing issue, this time to its Omnipod 5, Omnipod DASH, and Omnipod Eros systems. It again indicated that the manufacturing issue resulted in a tear in the tubing which “could result in insulin under-delivery.”
This news caused the price of Insulet stock to drop $7.79 per share, or 5.07%, from a closing price of $218.11 per share on May 26, 2026, to $146.01 per share on May 27, 2026.
Click here for more information: https://www.bfalaw.com/cases/insulet-class-action-lawsuit.
What Can You Do?
If you invested in Insulet, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Analysts expect the Salt Lake City, Utah-based company to report quarterly earnings of $1.92 per share, up from $1.63 per share in the year-ago period. The consensus estimate for Zions Bancorp’s quarterly revenue is $876.52 million. It reported $851 million last year, according to Benzinga Pro.
On June 2, Zions Bancorp elected Daniel J. Ryan to its board of directors.
Zions Bancorp shares gained 2.5% to close at $73.31 on Thursday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying ZION stock? Here’s what analysts think:
Photo via Shutterstock
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WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that it will hold a conference call on Thursday, August 6, 2026, at 10:00 a.m. Eastern time to discuss the company’s second quarter 2026 results, which will be announced after the market closes on Wednesday, August 5, 2026.
The conference call will be webcast live on the company’s website at https://www.radian.com/for-investors/investor-events or at radian.com. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the conference call dial-in instructions below.
The call may be accessed via telephone by registering for the call here to receive the dial-in numbers and unique PIN. It is recommended that you join 10 minutes prior to the event start (although you may register and dial in at any time during the call).
A digital replay of the webcast will be available on Radian’s website approximately two hours after the live broadcast ends for a period of one year at https://www.radian.com/for-investors/investor-events.
In addition to the information provided in the company's earnings news release, other statistical and financial information, which is expected to be referred to during the conference call, will be available on Radian's website at https://www.radian.com/for-investors/quarterly-results.
About Radian
Radian Group Inc. (NYSE: RDN) is a trusted, global multi-line specialty insurer that helps businesses navigate risk with confidence. Built on financial strength and disciplined risk management, Radian brings clarity to complex risk decisions through its proprietary view of risk and a global perspective. Visit radian.com to learn how our collaborative and customer-centric culture transforms risk into a world of opportunity.
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NYSE: FITB): Key Financial Data Key Highlights $ in millions for all balance sheet and income statement items 2Q26 1Q26 2Q25 Stability: Strong credit performance. Net charge-offs(b) of 30 bps in 2Q26, the lowest level since 2Q23 Interest-bearing deposit costs decreased 2 bps sequentially to 2.13% Tangible common equity(a) increased 43 bps year-over-year Profitability: Net interest margin(a) e.
, /PRNewswire/ -- Leidos (NYSE: LDOS) and DHL Supply Chain have formed a strategic alliance to bring integrated, resilient and scalable logistics capabilities aligned to the UK Ministry of Defence's (MOD) Future Defence Support Services (FDSS) programme.
Operating as the Logistics & Mission Support Alliance as part of a competitive contract bidding process, the partnership brings together Leidos' Defence integration expertise and DHL's global logistics scale and operational capability in support of the MOD's future Defence logistics requirements. If successful, the alliance would help modernise Defence logistics, strengthen readiness, improve resilience and provide more agile support to the UK's Armed Forces.
Purpose built for complex and contested environments, the alliance will operate as a single, integrated team, drawing on global networks, proven infrastructure and surge capacity to keep Defence operations moving through disruption. By maintaining continuity of supply and enabling rapid recovery, the alliance will help ensure the Armed Forces have the support they need, when and where they need it.
The alliance will also draw on advanced technologies, including artificial intelligence, data analytics and automation to help optimise logistics operations and enhance visibility across demand, inventory and assets. This approach is intended to support more informed decision-making and strengthen operational effectiveness.
Adam Clarke, Chief Executive Officer, Leidos UK & Europe, said:
"Leidos and DHL bring together proven delivery expertise and complementary strengths to transform how Defence logistics is delivered. Through this alliance, we are aligning capability, data and decision-making to enable faster, more resilient and more precise support to the UK's Armed Forces.
By combining advanced technologies with deep operational experience, we will strengthen readiness, improve visibility and deliver the agility Defence needs to respond with confidence in an increasingly complex and contested environment."
Martin Willmor, Chief Executive Officer, DHL Supply Chain UK&I, said:
"The FDSS programme presents an opportunity to modernise support of UK Defence at a time of increasing operational complexity.
DHL brings global logistics scale, advanced digital capabilities and proven operational leadership, and by working in partnership with Leidos, we aim to enable a more integrated, resilient and responsive supply chain that helps the MOD maximise its strategic advantage."
About Leidos
Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Leidos UK & Europe is a leading partner to the UK and Scottish governments supporting national security, defence and logistics programmes, as well as serving key clients in transportation and energy. Headquartered in Reston, Virginia, with 50,000 global employees, Leidos reported annual revenues of approximately $17.2 billion for the fiscal year ended January 2, 2026. For more information, visit www.leidos.com.
About DHL
DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfilment solutions, international express, road, air and ocean transport to industrial supply chain management. With approximately 389,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as "The logistics company for the world".
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Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) reported its second quarter 2026 results today. Investors can access the live second quarter 2026 earnings call at 8 a.m. ET today by webcast or dial-in as follows:
Webcast: app.webinar.net/oM9yPobVKXd Dial-in: 1-877-883-0383, passcode 0575894 The earnings release, investor presentation, including an appendix reconciling non-GAAP disclosures, and Truist's Second Quarter 2026 Quarterly Performance Summary, which contains detailed financial schedules, are available at Truist's Investor Relations website at https://ir.truist.com/earnings. A replay of the call will be available on the website for 30 days.
About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Headquartered in Charlotte, North Carolina, Truist has leading market share in many of the high-growth markets in the U.S. and offers a wide range of products and services through wholesale and consumer businesses, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending businesses. Truist is a top-10 commercial bank with total assets of $556 billion as of June 30, 2026. Truist Bank, Member FDIC. Equal Housing Lender. Learn more at Truist.com.
Výsledky Netflixu za druhé čtvrtletí potvrdily, že streamingový gigant zůstává mimořádně ziskovou a finančně silnou společností. Investory však zklamalo pokračující zpomalování růstu tržeb a opatrný výhled na další kvartály.
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17.07.2026 12:17Netflix naráží na pomalejší růst. Akcie odepisují přes 9 % 11:55Perly týdne: Omezený potenciál pro růst dolaru a vytrácející se AI nadšení 9:02Rozbřesk: Cenové stropy končí, benzín a nafta zdraží. Prodlužovat regulace ale nedává smysl 8:55Netflix zklamal výhledem, akcie šly po výsledcích o devět procent dolů 8:54Výprodej čipařů pokračuje, Netflix zklamal výhledem a k nervozitě přispívá i Írán 16.07.2026 22:01Wall Street dnes poklesla, přičemž nejvíce ztrátovým byl index Nasdaq 16:32PODCAST Analytický radar: Akciový výhled Patrie pro druhé pololetí 16:00Další cykly zvedání sazeb a to, na čem u akcií skutečně záleží 15:47Google bude muset v EU otevřít služby konkurenci v AI, rozhodl Brusel 15:12Nvidia představila nový model pro roboty a rozšiřuje svůj japonský ekosystém pro fyzickou AI 13:40TSMC: Trh ignoruje silné výsledky a trestá vyšší kapitálové investice 12:10Zlato, dolar a Mag7 jako světové rezervní aktivum 10:35TSMC po vzoru ASML navyšuje výhled tržeb. Bobtnají i kapitálové výdaje 10:17Lidé nakoupili státní dluhopisy za 74 miliard, pořídilo si je 92 000 občanů 9:52Uber chce převzít vlastníka Foodory. Za Delivery Hero nabízí přes 14 miliard dolarů 9:32Rozbřesk: Fed přepisuje svou komunikační strategii: méně slov, více dat 8:54Komerční banka, a.s.: Dozorčí rada zvolila člena představenstva KB 8:53Nové americké útoky v Perském zálivu, zdražení ASML a SpaceX dál padá pod tlakem investorů 6:12U umělé inteligence se to posouvá k „příliš velké na to, aby padly“ 15.07.2026 22:00Akcie rostly díky příznivým inflačním datům, výrobci čipů zůstali pod tlakem
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At the end of last year, the cannabis industry was rocked by a significant change in the laws covering the drug.
This, however, wasn't as momentous as it first seemed. Let's shine a grow light on how it will affect -- or not -- three prominent marijuana companies, Canada-based Canopy Growth (CGC 2.71%) and Tilray Brands (TLRY 0.69%), and the U.S. multi-state operator (MSO) Green Thumb Industries (GTBIF 0.83%).
Image source: Getty Images.
Medical moved For those unfamiliar, the federal government sorts controlled substances into five so-called schedules. Schedule I is for substances considered the most dangerous and with the least medicinal value. Harmfulness declines, and utility rises as we descend through Schedules II to V.
Last December, President Donald Trump issued an executive order directing the Drug Enforcement Administration (DEA) to reschedule pot from Schedule I to Schedule III. This past April, the move was enacted by acting Attorney General Todd Blanche. That was a great triumph for the marijuana business, and a boon to every weed consumer in this country.
Actually, aside from medical marijuana patients who no longer have to worry about being busted with the product they need, it wasn't.
That's because only medical marijuana was rescheduled; the far larger recreational category remains mired in Schedule I. Oh well. At least the companies that produce/sell medical products will benefit from this change.
Except, not entirely. The most significant change for medical pot businesses is that being moved from Schedule I to Schedule III means these products are no longer subject to the Internal Revenue Service's (IRS) Section 280E.
This is a federal statute under which Schedule I drug purveyors are not allowed to deduct ordinary business expenses -- rent, utilities, etc. -- from income in their financial results. Now freed from this burden, medical pot companies can treat that business like any other and enjoy the same tax advantages.
But even that's not a clear win.
Medicinal weed being in Schedule III confers a new set of obligations on a seller in terms of regulatory compliance and reporting, and record-keeping. It's also a headache for the numerous companies that sell both recreational and medical products, as they now have to painstakingly track sales of each separately.
Incremental at best As for the trio of mentioned companies, the Canadians, Canopy Growth and Tilray, are active in the medical segment. Of the pair, Canopy Growth is currently the frontrunner, with medical sales of more than 25 million Canadian dollars ($17.7 million) in its home country. This comprised nearly half of its total marijuana revenue in its most recently reported quarter.
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Tilray, meanwhile, is proportionally less dependent on medical pot. That said, its international sales in the category have been soaring lately, rising by 73% year over year in its fiscal third quarter of 2026 to more than $24 million.
But this is almost entirely beside the point, as neither company can directly export medical marijuana to the U.S. As such, they're not subject to our currently byzantine restrictions and laws on these products.
Canopy Growth has an affiliate -- not, importantly, a subsidiary or even a stake in a joint-venture -- Canopy USA, which sell medical pot. As such, it will be affected by rescheduling. We won't get into the weeds (sorry) here, but due to push-back from Nasdaq, Canopy Growth has elected not to consolidate Canopy USA's financials into its own. So there's no effect on Canopy Growth.
Tilray is very active in the U.S. market, but not as a seller of any variety of weed. It's invested heavily in craft beer companies, and does decent business selling such drinks south of the Canadian border.
Finally, since Green Thumb doesn't break down its cannabis revenue into recreational and medical -- although it has retail licenses in states that have legalized sales of both -- we can't get much of a grip on the impact medical rescheduling will have on its fundamentals. The company hasn't provided any insight on the matter, either.
Rescheduling rescheduled? As of this writing, the federal agency tasked with implementing U.S. narcotics law, the DEA, was about to close the administrative hearing on the proposed rescheduling of non-medical marijuana.
As with most developments in weed legal reform, the DEA is certain to be very deliberate (i.e., slow) in rendering a decision. Which, no matter what, will surely be challenged by determined lobbyists in either the pro- or anti-reform camp.
I feel that given public sentiment and the fact that meaningful cannabis legal reform is an easy political win, it's almost inevitable that recreational pot will be rescheduled too. But we still have a long road ahead of us.
Meanwhile, the escape from the heavy burdens of IRS Section 280E is a small win for certain medical pot purveyors; it's just too bad this brings a host of new headaches to the companies affected.
As it stands now, the fortunes of Canopy Growth and Tilray won't shift significantly because of the DEA's move (Green Thumb is something of a black box, due to the lack of detail about its medical business). Ultimately, I wouldn't change my cautious view on any of the three because of it.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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V Goldman Sachs se diskutuje o tom, že na trhu klesá nadšení z „těch, kteří utrácejí,“ tedy z hyperscalerů, ale stále panuje optimismus u „těch, kteří jim prodávají“. TS Lombard ukazuje vývoj kurz dolaru relativně k jeho PPP „valuaci“, hlavní ekonom investiční společnosti Apollo Torsten Slok rozebírá americké zadlužování a zájem zahraničních investorů o americká aktiva.
Omezený potenciál pro růst dolaru
K diskusi o dalším vývoji na dolaru přispívá TS Lombard následujícím grafem ukazujícím pohyb kurzu dolaru ke koši měn (DXY index) a kurz dolaru implikovaný paritou kupní síly, tedy relativními cenovými hladinami v USA a v zahraničí. Podle obrázku se tak nyní kurz dolaru pohybuje na horní hranici vyznačeného pásma (20% odchylka nahoru a dolů od kurzu implikovaného paritou). Z tohoto pohledu by tedy neměl být velký prostor pro další posilování kurzu americké měny. V tom smyslu, že ve vyznačeném období měl dolar spíše tendenci se od hranic uvedeného pásma odrážet opačným směrem:
Zdroj: X
Návratnost investic
Goldman Sachs přinesl diskusi o tom, zda a nakolik budou investice do umělé inteligence ziskové. Mark Wilson si myslí, že trhy už potřebují vidět „nějakou návratnost“, jinak začne proces poklesu valuačních násobků hyperscalerů. „A to bude neudržitelné ekvilibrium.“ Na trh přitom vstupují noví hráči, kteří snižují ceny AI tokenů, ale podle experta i tohle mohou akcioví býci interpretovat jako impuls pro další růst trhu. Tedy jako něco, co zvyšuje poptávku po čipech a elektrické energii, a co se znatelným způsobem projevuje v celé ekonomice a na trhu jako celku. Klíčové ale podle Wilsona je to, že „potřebujeme vidět návratnost, jinak nejsou současné investice udržitelné.“
Expert uvažoval o tom, že na trhu nyní klesá nadšení z „těch, kteří utrácejí,“ tedy z hyperscalerů, ale stále panuje optimismus u „těch, kteří jim prodávají.“ To podle jeho zkušeností končí tak, že nakonec opadne nadšení i u druhé skupiny, ale „řada chytrých lidí mi říká, že nyní to bude jinak.“ Wilson je tak podle svých slov otevřen i této možnosti, ale nakonec stejně vše směřuje opět k tomu, zda se už začne ukazovat, že investice do AI mají odpovídající návratnost. Jen ta totiž ospravedlní další výdaje do infrastruktury a souvisejících oblastí. Zisky obchodovaných společností jako celku přitom momentálně rychle rostou, očekávání ale také leží vysoko.
Americké dluhy a chování zahraničních investorů
Hlavní ekonom investiční společnosti Apollo Torsten Slok v rozhovoru se Stevem Eismanem hovořili o vysokých rozpočtových deficitech americké vlády a rostoucím zadlužení. Slok řekl, že „trend tu skutečně není přítelem“, protože dluhy míří k historickým rekordům. Na druhou stranu je ale znát pokračující zájem zahraničních investorů o americká aktiva. „Pokud jste penzijním fondem v Evropě a chcete investovat do umělé inteligence, musíte držet americké akcie. Jestliže chcete držet dluhopisy, pak vidíte, že sazby v Evropě leží poměrně nízko a v USA výš. A to pomáhá financovat americké rozpočtové deficity.“
Podle Sloka tak existuje „extrémní ochota ze zahraničí kupovat americkou umělou inteligenci i dluhy“. Americké penzijní instituce se ale stále více zaměřují na dlouhodobé cenné papíry vydávané soukromým sektorem, které z jejich pohledu nabízí lepší návratnost relativně k riziku, než jakou nachází u vládních dluhopisů. Domácnosti také mění své preference, posouvají se od dlouhodobých vládních dluhopisů k peněžním fondům a krátkodobějším cenným papírům, protože sazby u nich jsou ve srovnání s dřívějším obdobím výš. Klesá tak poptávka po delším konci výnosové křivky a roste ta po kratším konci.
Slok si tedy myslí, že pokud bude americká vláda dál zvyšovat své dluhy, může nastat situace, kdy je budou na delším konci křivky, tedy u dlouhodobějších dluhopisů, kupovat téměř výhradně zahraniční subjekty. Kdysi to přitom byla zejména Čína, která nebyla moc citlivá na výši sazeb a výnosů dluhopisů. Nyní ale zůstali především investoři, kteří jsou na sazby citliví hodně. Pokud by pak Fed sazby výrazně snižoval, projevilo by se to na poptávce po dluhopisech z USA. Celkově se pak zvyšuje riziko pramenící jednak z rostoucí dluhové trajektorie a na druhé straně ze zmíněné větší citlivosti zahraničních investorů na výši výnosů dluhopisů.
K Číně Slok dodal, že ta během posledních pěti let výrazně snížila objem držených amerických dluhopisů. Důvodů je několik a platí, že v zájmu Číny určitě není nějak brzdit americkou ekonomiku. Snaží se totiž sice diverzifikovat své exporty, ale velká část čínské produkce na vývoz stále míří do USA. Slabší americké hospodářství by se tak projevilo sníženou poptávkou po čínské produkci. Čína tak „pravděpodobně pečlivě přemýšlí o tom, jaké kroky učiní.“ Slok hovořil i o dalších aktuálních ekonomických a investičních tématech. Více ve Víkendářích.
If you had $1,000 and asked me to recommend one consumer growth stock built for the way people actually shop today, I would point you toward a company that sells an $11 face primer that goes toe-to-toe with a $55 luxury version. That company is e.l.f. Beauty (ELF +0.50%), and once you see how it operates, you'll understand why it keeps stealing shelf space from brands many times its size.
The heart of e.l.f.'s strategy is a simple, ruthless idea: giving people prestige-quality makeup at drugstore prices. Its Poreless Putty Primer sells for about $11 and is regularly compared to a primer made by Tatcha (a brand owned by Unilever) that runs roughly $55. Its Halo Glow Liquid Filter goes for around $14, versus a Charlotte Tilbury product that goes for around $50.
The industry calls this "masstige," a blend of mass and prestige, and e.l.f. has turned it into an art form. For a shopper who wants the look without the luxury markup, e.l.f. is not a compromise. In an era when consumers scrutinize every dollar, selling the same result for a fraction of the price is a powerful place to stand.
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Built for the speed of the internet Here is the part I find genuinely impressive. Most beauty companies take 12 to 18 months to bring a new product to market; e.l.f. Beauty does it in roughly 13 to 20 weeks. That speed lets it spot a trend bubbling up on social media and put a product on shelves before the moment passes, rather than long after.
Its marketing matches that tempo. E.l.f. was early and fearless on TikTok, and its #eyeslipsface campaign became one of the most viral branded challenges the platform has ever seen, racking up billions of views and millions of user videos. It has run ads during the Super Bowl, built games inside Roblox, and treated its customers like a community rather than an audience. The result is that e.l.f. has become the favorite beauty brand of Gen Z, the exact group forming the shopping habits that will define the next twenty years.
Moving upmarket with Rhode The knock on e.l.f. used to be that it was stuck in the cheap seats. It answered that last year by acquiring Rhode, the skincare brand founded by Hailey Bieber, in a deal worth up to $1 billion. Rhode pulls e.l.f. into higher-priced skincare and toward wealthier shoppers, and Bieber stayed on as chief creative officer, bringing tens of millions of engaged social-media followers with her. Rhode is rolling into Sephora stores, giving e.l.f. a foothold in prestige retail it never had. Pair that with a huge international runway, since e.l.f. is still lightly sold outside the United States, and you can see several distinct growth engines firing at once.
Image source: Getty Images.
No growth story is free of snags. E.l.f. Beauty trades at a rich valuation, so the market already expects a lot, and any slowdown could hurt the stock. It sources heavily from overseas, which leaves it exposed to tariffs. Its trend-chasing model demands constant hits, and folding Rhode in smoothly is not guaranteed. This is a growth stock, with the bumps that come with that label.
The takeaway for investors Put $1,000 into e.l.f. Beauty, and you're buying a fast, internet-native operator that undercuts luxury on price, ships product at the speed of a meme, owns the loyalty of the youngest shoppers, and is now reaching upmarket through Rhode with room to grow abroad. I think that combination makes it one of the more compelling consumer growth stories around. Buy it for the strategy, hold it for the runway, and size the position for the volatility that comes with any stock priced for big things.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Rigetti (RGTI 7.54%) is building a risky but fascinating quantum hardware story. Its U.S.-based Fab-1 facility, government-linked research, and superconducting quantum platform could matter more if America treats domestic quantum capability as strategic infrastructure.
Stock prices used were the market prices of July 7, 2026. The video was published on July 16, 2026
Rick Orford has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Sandisk (SNDK 12.63%) became a stand-alone public company again in early 2025 when it was spun out from Western Digital (which had acquired it in 2016). The separation was intended to position Sandisk's management to concentrate its resources and focus on NAND flash memory and enterprise-grade solid-state drives (SSDs) at a time when hyperscalers were sharply accelerating capital spending on artificial intelligence (AI) infrastructure.
That meant that Sandisk could more easily accelerate capacity expansions and technology road maps tailored specifically to the explosive storage requirements of large language model (LLM) training and inference deployments.
At the time of this writing, Sandisk stock trades at $1,539 -- a gain of roughly 3,748% from its 52-week low of $40 per share. The magnitude of this move inevitably prompts the question of whether the market has already priced the most optimistic upside scenario for Sandisk into its stock or whether meaningful appreciation potential remains.
Image source: The Motley Fool.
Analyzing Sandisk's business amid the AI memory supercycle Sandisk designs, manufactures, and sells NAND flash memory chips and the SSDs built from them. These products serve as the high-speed storage layer that AI systems rely on to hold training data and real-time inference outputs. As generative AI workloads scale up, the volume of data that must be stored and accessed has grown at a much faster pace than traditional enterprise or consumer storage demand ever did.
The result has been a memory supercycle in which both chip sales volumes and average selling prices are rising in tandem. Memory supplies are now far short of demand, and prices have soared. Sandisk's data center revenue and earnings per share (EPS) are growing at triple-digit percentage rates year over year, underscoring the company's operating leverage and improving gross margins as the adoption rates for AI surge toward ongoing compute capacity limits.
SNDK Revenue (TTM) data by YCharts. TTM = trailing 12 months. EPS = earnings per share.
Storage demand is becoming more secular During Sandisk's most recent earnings call, management told investors that the company had signed a series of multiyear supply contracts worth $42 billion. These agreements lock in sales volumes and prices, and provide Sandisk with clear revenue visibility well into the latter half of the decade.
Because the contracts are tied to the multiyear build-out of AI data centers rather than to a short-term device upgrade cycle, Sandisk's order book appears stable. That's a notable contrast to the boom-and-bust pattern that has historically plagued memory and storage producers. Investors can view the current demand surge as more secular and durable than transitory.
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Sandisk stock could continue soaring So far this year, Sandisk stock has rocketed upward by 563% -- making it the top performer in the Nasdaq-100 by a mile. With that said, smart investors understand that absolute percentage gains reveal very little about a company's valuation.
For the current fiscal year, Wall Street analysts estimate that Sandisk will report $66.51 in EPS. However, by next fiscal year, the consensus forecast points to a meaningful step change in profitability, with EPS expected to reach $208.22. On that basis, Sandisk trades at a modest forward price-to-earnings (P/E) multiple of just 7.6.
SNDK PE Ratio (Forward) data by YCharts. PE Ratio = price-to-earnings ratio.
In my view, Sandisk is set up for further valuation expansion based on a straightforward premise: AI infrastructure spending is projected to reach trillions of dollars annually over the next several years, and high-bandwidth memory (HBM) and storage form one of the indispensable pillars of that build-out. This positions Sandisk's earnings base to continue compounding through the combination of chip volume growth, pricing power, and operating leverage.
While periods of consolidation and sharp pullbacks in the stock are likely, any material decline would simply reset the entry point for a company whose AI-driven trajectory remains intact. On that basis, I see Sandisk as a compelling stock to buy and hold rather than as a name to exit in the wake of its tremendous rally.
After a hot start following its IPO, Space Exploration Technologies (SPCX 3.08%), better known as SpaceX, has seen its stock price come back down to Earth. The price is now approaching its IPO price of $135 per share.
Investors who couldn't get in on the IPO may be wondering whether to buy the stock if it dips below that number. Here's what history has to say.
Image source: Getty Images.
How well do IPOs hold up over the long run? Most IPO stocks see a pop on their first day of trading. Underwriters intentionally underprice offerings to ensure enough demand to fully allocate the stock offering and guarantee success for the company. Indeed, SpaceX closed its first day of trading about 19% above its IPO price, which is about average based on data dating back to 1960.
But most investors aren't interested in SpaceX's short-term outcomes. The company's value is based on its potential to disrupt multiple industries over the long run. The stock should appeal to investors who believe in CEO Elon Musk's ability to build more efficient reusable rockets, expand its satellite constellation, and reshape broadband internet access and artificial intelligence (AI). So, looking at how IPOs usually hold up after at least three years of trading can provide valuable insight.
For investors who buy just any new IPO as it comes to market, the long-term results aren't great. Even with a big first-day pop, the average IPO since 1980 (excluding the 1999-2000 dot-com bubble) produced worse returns than the overall market, according to data compiled by professor Jay Ritter. He found that all IPOs produce an average return of 44.2% from their IPO price over three years, but that trails the weighted-average market return by 1.6%.
But tech stocks specifically do significantly better. Tech IPOs produced average three-year returns of 73.3%, massively outperforming the market by 25.8%. And if you dig a little bit deeper, big tech stocks with sales exceeding $100 million (adjusted for inflation) perform even better. These companies have delivered an average three-year return of 82.5% and outperformed the market by 43.1%. Even if they're unprofitable, they still produce excess returns of 41.7% on average, according to Ritter's data.
In other words, history is on SpaceX's side as a large tech company making its public debut. Still, there are a few reasons to remain cautious about buying SpaceX, even at its IPO price.
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The SpaceX IPO is a special case SpaceX was the largest IPO in history, raising over $85 billion after underwriters exercised their option to buy additional shares. With a valuation of about $1.75 trillion, it's already a massive business. But that valuation puts its price-to-sales ratio above 90. And valuation still matters.
According to a University of Florida 2026 study of IPOs, since 1980, only 14 other IPOs have had over $100 million in sales and a price-to-sales ratio above 40. The average three-year return from their IPO price was just 3.1%, trailing the market average by 15.4%. While it's a small sample size, there's a clear correlation between IPO price-to-sales valuation and returns. The lower the valuation, the better the returns. SpaceX has one of the highest price-to-sales ratios in the market.
There's additional concern that SpaceX's stock price could be weighed down as lockup periods expire and early investors and employees can sell their shares. Interestingly, the same University of Florida study found that companies that float a smaller percentage of shares (SpaceX offered about 5% of the company's shares) end up outperforming companies that sell a larger portion of the equity at their IPO. That said, there's never been a company the size of SpaceX with so many shares locked up. That's a lot of capital for the market to absorb over the next six months or so.
The truth of the matter is that SpaceX is unlike any IPO we've ever seen. Using historical averages to project SpaceX's future stock price can only go so far. The actual results will depend on the same thing that applies to every stock in the market, whether old or new. Will the company perform better than the market expects? If it does, the stock price could outperform the market average. At its current valuation, the market is setting a very high bar for SpaceX to exceed.
SpaceX shares fell in after-hours trading after closing below their IPO price for the first time on Thursday.
The decline came after the company's 13th Starship test flight was aborted less than a second before liftoff.
The setback added to investor concerns as bearish bets against the stock continue to rise.
The stock dropped about 4.5% in after-hours trading after the launch was scrubbed, extending losses from the regular session when it closed at $131.11, below its June IPO price of $135.
The shares are now down roughly 19% since the company's market debut last month.
The failed launch comes as investors closely monitor SpaceX's progress in advancing its reusable rocket programme, which is central to its ambitions in satellite internet, lunar exploration and future artificial intelligence infrastructure.
Industry experts noted that launch delays and test failures are common during rocket development, though the timing alongside the stock's recent decline has increased investor attention.
The Starship rocket was set to lift off from SpaceX's Starbase facility in South Texas when an automatic hold was triggered during engine ignition.
The rocket's 33 Raptor engines began firing before the system shut them down moments before launch.
"We did trigger a hold on the booster that aborted our liftoff as we were starting to light those Raptor engines," SpaceX spokesperson Dan Huot said during the company's livestream.
Chief Executive Elon Musk later confirmed that the launch had been halted because several engines failed to start properly.
"Some of the engines didn't start, triggering an automatic launch abort," Musk wrote on X.
"To be confident of a good flight, 2 Raptors will be removed & replaced. The most probable launch timing is early next week."
Thursday's mission would have marked the first flight of the upgraded Starship V3 configuration since SpaceX completed the largest IPO in US history.
The test programme remains under scrutinyThe latest setback follows another imperfect Starship test in May.
Although the rocket reached space successfully, multiple engines failed to reignite during the Super Heavy booster's landing sequence, causing it to crash into the Gulf of Mexico.
The Federal Aviation Administration subsequently ordered an investigation before clearing the vehicle for another launch earlier this week.
"The final mishap report cites the two most probable root causes for the loss of the Super Heavy booster as heat effects on propulsion system components during the ascent and erroneous engine alarm system settings," the FAA said.
SpaceX implemented four corrective measures, including software and hardware updates, before Thursday's planned launch.
The mission also aimed to deploy 20 next-generation Starlink satellites designed to test new communications capabilities before intentionally burning up during atmospheric re-entry.
The weakness in SpaceX shares has coincided with a sharp increase in bearish positioning.
According to Ortex Technologies, investors betting against the stock are sitting on approximately $8.7 billion in unrealised profits as the shares have fallen from a post-IPO high of $225.64, Reuters reported.
"SpaceX has been a rollercoaster for the short sellers, and it has ended up firmly in their favor," Ortex co-founder Peter Hillerberg said.
"Rather than take profits, the bears kept adding the whole way down."
Nearly 49% of the company's tradable shares are now on loan to short sellers, according to Ortex, creating the potential for heightened volatility.
The research firm estimates that every $1 move in SpaceX shares represents more than $300 million in gains or losses for bearish investors.
Much of the recent pressure reflects broader concerns about expensive technology valuations and debt-funded artificial intelligence investments.
Analysts remain divided on valuationThe stock's decline has prompted debate over whether the recent correction presents a buying opportunity.
Former hedge fund manager Whitney Tilson argued that valuations remain stretched despite the sell-off.
"Don't even think about bottom-fishing this one, as it still trades at 92 times trailing revenues," Tilson wrote.
"That means it's still nearly 10 times overvalued, given that I think a generous multiple for the stock would be 10 times revenues."
Piper Sandler initiated coverage of SpaceX on Thursday with a Neutral rating and a $156 price target.
The brokerage said it remains positive on the company's long-term prospects but expects near-term challenges, including staged lock-up expirations, uncertainty surrounding a potential Tesla acquisition, and the substantial capital expenditure required to develop orbital AI data centres.
The firm also noted that annual investment requirements could run into tens of billions of dollars before investors gain confidence in the company's long-term strategy.
Despite the recent weakness, Wall Street remains broadly optimistic.
According to LSEG data, 27 of the 32 analysts covering SpaceX recommend buying the stock, while four have neutral ratings and only one maintains a sell recommendation, suggesting that most analysts continue to view the recent decline as a short-term setback rather than a change in the company's longer-term growth outlook.
SpaceX stock price has fallen below its initial public offering (IPO) price price just one month after the company’s blockbuster market debut. Investors who bought SpaceX stock at the IPO price of $135 on June 12 would now be sitting on a loss.
Namely, a $10,000 investment made at the initial SpaceX IPO price of $135 per share on June 12, 2026, would now be worth approximately $9,706, with the space exploration leader trading just barely above $131 as of press time, July 17.
SpaceX 24-hour stock price chart. Source: Finbold The losses come after a rather turbulent first month of trading following the largest IPO in history. Indeed, Elon Musk’s company debuted with an initial valuation of around $1.77 trillion and closed the first trading session with a market capitalization above $2 trillion.
In just four days, SPCX shares hit an intraday high of roughly $211 before broader market weakness kicked in and profit-taking and renewed concerns over the company’s valuation sent the stock lower.
SpaceX shares fell below their $135 IPO price for the first time on July 15, reaching a session low of $132.28 before recovering to close at $135.27. By press time, the price had gone even lower, to the aforementioned $131.
The decline has reduced SpaceX’s market capitalization to approximately $1.72 trillion, a significant retreat from the roughly $2.9 trillion valuation recorded just four days after its debut.
Why did SpaceX stock crash? First and foremost, the selloff reflects growing investor concerns regarding SpaceX’s valuation and financial outlook as the company approaches its first earnings report in August.
Currently, analysts expect SpaceX to generate between $34 billion and $43 billion in revenue this year, up from $18.7 billion in 2025. However, many investors are on edge as SpaceX recorded a net loss of approximately $4.9 billion in 2025.
Shareholders are also watching for a potential increase in selling pressure later in 2026. For instance, insider share unlocks following the upcoming quarterly could expand the public float, allowing some employees to sell portions of their holdings.
Looking ahead, SpaceX’s growth is driven by several prospects. The most important of those are its Falcon launch business, expanding Starlink satellite internet network, Starship development, and potential artificial intelligence (AI) infrastructure projects.
However, the company faces significant execution risks as it invests heavily in these technologies. With its first earnings report as a public company approaching, investors will be watching whether management can turn technological leadership into financial performance strong enough to justify the multi-trillion-dollar valuation and deliver gains to early and future backers.
Featured image via Shutterstock
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Say what you will about Elon Musk, but he has never blinked on his Tesla vision.
Through years of skeptics declaring Tesla (TSLA 0.87%) was doomed, he kept promising a future of electric cars, self-driving fleets, and humanoid robots, and he kept plowing money back into those bets.
With the stock slipping below $400 and second-quarter earnings due July 22, some investors are wondering whether this dip is the moment to buy into that conviction.
Image source: The White House.
The founder-led lens There is a reason founder-led companies command loyalty, and Tesla is the textbook case. Musk holds an enormous personal stake and has worked to increase his voting control, which means his fortune rises and falls with the same shares ordinary investors own.
Rather than harvesting profits, he keeps funneling them into ambitious projects: the robotaxi rollout, the Dojo supercomputer, the Optimus robot, and the energy business. To believers, that relentless reinvestment amid constant criticism is the whole point.
It signals an owner playing a decade-long game while Wall Street frets over the next quarter. Founders who refuse to sell their vision have, more than once, been proven right long after the doubters moved on.
The July 22 reality check That is the romantic case. The sober one is that Tesla's most recent quarter showed the tension clearly. Deliveries actually beat expectations, yet the stock fell as investors focused on shrinking margins, softening sales in North America, and the heavy spending required to chase all those moonshots.
The stock still trades at a valuation that assumes the autonomous future arrives more or less on schedule, and Musk's timelines have a long history of slipping. Buying specifically to front-run one earnings report is less an investment than a coin flip, because a single print can swing hard in either direction.
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The takeaway for investors So should you buy the dip before July 22? I would gently separate the two questions tangled up in that headline.
Believing in Musk's founder-led vision is a legitimate, decade-long call, and plenty of investors are comfortable backing a leader who has never wavered. But timing a purchase to a specific earnings date is a different, riskier game, and Tesla's lofty valuation leaves little cushion if the report disappoints.
If you are putting hard-earned savings to work here, the better question is not "before or after July 22," but whether you are willing to own an expensive stock through years of volatility on the strength of a vision that is still unproven. Decide that first, and the earnings date matters a lot less.
Tesla stock (NASDAQ: TSLA) extended its decline heading into Friday as investors questioned whether SpaceX could realistically finance a takeover of Elon Musk’s electric-vehicle company.
Tesla fell 0.9% to $391.06 on Thursday, while SpaceX slid 3.1% to $131.11, below its $135 IPO price.
The parallel weakness matters because any acquisition would probably rely heavily on SpaceX stock.
As that currency loses value, the rocket company would need to issue more shares, increasing dilution and making an already complicated transaction harder to justify.
Tesla was valued at about $1.4 trillion on Thursday, while SpaceX’s retreat from its post-IPO peak has reduced the purchasing power of its equity.
An all-stock acquisition would require SpaceX to create and distribute a substantial block of new shares to Tesla investors.
Gary Black, managing partner of The Future Fund, estimated that such a deal could dilute existing SpaceX holders by roughly 25%.
“At $132 and sinking, SPCX can’t just buy TSLA in a 25% dilutive equity deal,” Black wrote on X.
Those who think $SPCX will buy $TSLA don’t understand the concept of board fiduciary duty. Sure, Elon owns 82% of the SPCX voting control (and 42% of overall SPCX equity) but that doesn’t magically let the SPCX board off the fiduciary hook. At $132 and sinking, SPCX can’t just…
— Gary Black (@garyblack00) July 16, 2026 Dilution does not mean investors immediately lose one-quarter of their money. It means their ownership would be spread across a much larger share count.
The combined company would therefore need to generate enough additional earnings or strategic value to compensate them.
Black has separately warned that conglomerates often inherit the valuation multiple of their slower-growing component.
Under one scenario, he estimated that combining the companies could erase about $750 billion of equity value unless unusually large revenue or cost synergies emerged.
Also read: SpaceX stock has erased all its IPO gains, but a 76% rally may be brewing
Musk’s influence over both companies could shape discussions around any potential transaction, but it would not eliminate the need for independent scrutiny, shareholder protections and a process designed to address conflicts of interest.
Black argued that SpaceX’s board still owes fiduciary duties to shareholders and could not simply disregard the financial effect of a heavily dilutive acquisition.
The related-party conflict would be obvious.
Musk leads Tesla and controls most SpaceX voting power, placing intense scrutiny on the exchange ratio, valuation assumptions, negotiations and any role assigned to independent directors.
SpaceX’s controlled-company status gives Musk exceptional authority, but it does not make minority investors indifferent to price.
The companies already have growing financial links.
Tesla disclosed that it invested $2 billion in SpaceX common stock in March, representing less than 1% ownership.
It also recognised $87 million of first-quarter revenue from SpaceX purchases of Megapack energy-storage products.
Those links strengthen the industrial argument for closer collaboration across energy and computing.
They also make governance more sensitive, because directors would need to distinguish genuine shareholder benefits from transactions that primarily consolidate Musk’s businesses.
Since 2017, Iason Gabriel has worked at the tech giant, trying to anticipate – and think through – the impact of AI. But as commercial and geopolitical pressures escalate, can ethicists make any difference?
Alphabet (GOOG 4.46%) (GOOGL 4.48%) stock has climbed in the triple digits over the past three years as the company benefited from two things -- the strength of its long-established businesses and an extra boost from the artificial intelligence (AI) boom. Even people who don't recognize the name "Alphabet" may actually be big users of the company's flagship product, Google Search.
The search engine is the world's most popular, with more than 90% market share. And the advertising across the Google platform makes it the company's biggest revenue driver. On top of this, Alphabet also generates significant revenue from its Google Cloud business, and AI has helped this unit's growth truly take off in recent quarters.
Considering these points, should you buy Alphabet before a potential catalyst on July 22? Let's find out.
Image source: Getty Images.
Alphabet's biggest revenue source Before we talk about this upcoming event, though, let's catch up on the Alphabet story so far. As mentioned, advertising represents the company's biggest revenue source. For example, in the latest quarter, Google advertising, at more than $77 billion, accounted for 70% of total revenue. And this ad revenue climbed 15% from the year-earlier period.
Advertisers rush to the Google platform because they know they will easily find us, their target audience, there. And now, thanks to Alphabet's work in AI, Google Search is getting better, which is driving increased usage, and that should prompt advertisers to keep coming back and even spend more. This use of AI in search pushed queries to a record level in the recent quarter.
Alphabet has developed its own large language model, Gemini -- it's the AI driving Google Search, it serves as an AI assistant to Google users, and Gemini also serves Google Cloud customers.
Gemini has recently made significant progress in market share. While OpenAI's ChatGPT still is the world's No. 1 AI assistant, its market share fell below 50% recently for the first time, TechCrunch reported, citing Sensor Tower's State of AI Report for 2026. Gemini is the second most-used AI assistant after ChatGPT -- they hold 27.7% and 46.4% market share, respectively.
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Backlog almost doubles Meanwhile, Alphabet's cloud business has experienced enormous growth. In the first quarter, revenue soared more than 60% to $20 billion, and backlog almost doubled from the previous quarter to more than $400 billion. Though Google Cloud has seen revenue climb in recent years, the AI wave has offered the business an extra lift -- and considering the general sustained demand that Alphabet and others in the space are seeing, this is likely to continue. In the quarter, Alphabet said the biggest driver of cloud revenue was AI solutions.
Now, let's consider what is on the agenda for July 22. Alphabet is scheduled to report second-quarter earnings after the closing bell. The message we've heard from others in the AI space in the previous quarter and in recent days offers us reason to be optimistic about the company's report. For example, ASML, a chip equipment maker, this week increased its annual sales forecast for a second time this year amid high AI chip demand.
A look at valuation It's also important to note that, while Alphabet isn't the cheapest of its fellow tech stocks, it still trades at a very reasonable level -- at 25x forward earnings estimates. This offers investors a solid entry point, and this level may also prompt investors to get in on the stock, particularly after a strong earnings report.
Meanwhile, Alphabet is a great choice for both cautious and aggressive investors as it offers something to please both of these groups. Alphabet built a strong business prior to the AI boom, excelling in search and cloud computing, so its successes aren't tied to the future of AI. But AI offers the company an extra growth opportunity over time.
All of this makes Alphabet a buy -- but you don't have to rush to get in on the stock prior to the earnings report. This is because short-term shifts in stock price won't have much of an impact on your returns if you hold on for the long term -- and long-term investing is the best way to go. This means you can take your time and buy Alphabet shares before or after July 22 -- and potentially set yourself up for a long-term win.
Amazon (AMZN 1.92%) has been one of the best-performing stocks ever on the market, but it's not so hot right now. It's underperforming the S&P 500 with a 7% year-to-date increase, right smack in the middle of the "Magnificent Seven" stocks.
One Wall Street analyst sees Amazon stock gaining 50% over the next 12 months. If that were to happen, Amazon would reach $4 trillion in total value. Here's how it could work.
Opportunities in AI Amazon's biggest opportunities today are in artificial intelligence (AI). It was in a position to harness the opportunity when AI exploded almost four years ago, since its cloud services company, Amazon Web Services (AWS), is the largest of its kind, accounting for nearly 30% of the global market, according to Statista.
Image source: Amazon.
This business is growing at the rate of an AI upstart, which is basically what it is. However, it's leveraging Amazon's backing and cash to get ahead.
Some examples of recent performance: Spending on Bedrock, AWS's signature AI building platform, increased 170% sequentially in the 2026 first quarter, and the number of developers using Kiro, AWS's agentic AI coding tool, more than doubled.
This trend is also driving growth into AWS as a whole, which had been slowing. AWS sales increased 28% year over year in the first quarter, the highest growth in 15 quarters, and on a base close to twice the size of what it was 15 quarters ago.
"We have never seen a technology grow as rapidly as AI," said CEO Andy Jassy.
Adventures in e-commerce and more The company's engine is still e-commerce, which represented more than 60% of total sales in the first quarter. Amazon accounts for more than 40% of all U.S. e-commerce, according to Statista, and the continued shift to online shopping benefits perhaps Amazon more than any other company in the world. Amazon recently overtook Walmart as the largest company in the world by sales, driven by the e-commerce machine.
E-commerce is still growing by double digits, and management is constantly improving the value proposition. It now reaches hundreds of markets with one-hour delivery, and 2,000 markets with three-hour delivery, and it's planning to have same-day delivery available in 4,500 U.S. cities by the end of the year.
Amazon continues to acquire smaller companies that support its businesses, and it's also rolling out its own new ventures. One project to watch is Amazon Leo, formerly Project Kuiper, which is a direct competitor of Space Exploration Technologies' Starlink business. It's just launching and much smaller than Starlink, but it has already made some important deals with companies including Delta Airlines, which will use it for in-flight Wi-Fi, and Apple, which will use it for Apple Watches and other products.
Can Amazon stock gain 50% by next year? Amazon has been demonstrating fine performance recently, and it has robust long-term opportunities. However, its performance hasn't been enough to quell market fears about AI overspending and failing to recoup its investments.
At the current price, Amazon trades at under 30 times trailing-12-month earnings, just off a 10-year low. That gives the stock some space to rise.
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For Amazon to reach $4 trillion, keeping the P/E ratio constant, net income would need to increase 50% over the next 12 months. It grew 31% in 2025, and 50% is possible but a high goal. However, if it grows 31% again in 2026, the stock could still gain 50% at a higher P/E ratio.
Management is guiding for operating income to increase only slightly year over year in the second quarter. It's cash outlays for the AI build-out are eating into profitability, and management says it's short-term pressure for long-term gain. However, Amazon stock may have limited upside in the short term without a skyrocketing valuation if profits are pressured.
The consensus analyst target price for Amazon stock over the next year or so is 30%, reaching close to $3.5 trillion in value, and there's more of a case for that to happen.
The current state of Nvidia's stock (NVDA 2.43%) makes little sense on the surface. Despite reporting 85% yearly revenue growth in its latest quarter, the stock sells for just 32 times earnings, the same as the S&P 500's average P/E ratio.
Some of that may have to do with the gains of nearly 1,700% since the fall of 2022, or the implied growth limitations of its $5.1 trillion market cap when considering the law of large numbers. However, another possible explanation is the unprecedented spending on AI and the historical tendency for such spending sprees to end in disaster.
Admittedly, investors do not know whether the ghosts of events past are hampering the present growth of the chip stock. Still, even if it is true, should investors care? Let's take a closer look.
Image source: Nvidia.
Historical precedent and Nvidia Indeed, this historical precedent is not one investors should dismiss. Experienced investors might remember how the internet spending boom of the late 1990s and early 2000s gave way to the dot-com bust. Looking further back, the boom in automobile spending in the 1920s ended with the Great Depression.
Big tech's AI spending seems reminiscent of such spending sprees. Key hyperscalers pledged to spend $725 billion on capital expenditures (capex) alone. Much of that spending has gone to Nvidia hardware, as the company generated $81.6 billion in revenue in the first quarter of fiscal 2027 (ended April 26).
Also, analysts forecast an 82% revenue surge for fiscal 2027, though they also predict growth slowing to a 41% revenue increase for fiscal 2028.
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One has to assume that the AI boom will not go on forever, and that slower growth could be a sign of further slowing in later years.
However, Nvidia's massive size may partially explain that slowdown, as the higher percentage gains are more difficult to sustain as enterprises grow larger.
Additionally, Nvidia's forward valuation of 24 makes it appear too cheap to ignore, and the forward one-year P/E ratio of 17 would arguably seem reasonable even in an AI bust. Thus, even if slowing growth causes a pullback, the decline would likely not be long-term.
Should investors stay with Nvidia? Amid its growth and valuation, investors should not worry about history undermining the Nvidia investment thesis.
From what is known about the history of boom cycles, investors should assume that the AI boom will end at some point and should invest accordingly.
Nonetheless, the current state of Nvidia appears to insulate the stock from such an occurrence. Investors should expect slower growth after fiscal 2027, though revenue growth appears robust for as far as one can reasonably predict.
Moreover, Nvidia's forward multiples are so low that they already seem to factor in such a slowdown. Although investors should not rule out the possibility of a near-term pullback and less stock price appreciation than in the past, Nvidia should remain safe even if the history of tech boom cycles points to pain later.
Nick Parker, Nvidia's incoming executive vice president of Worldwide Field Operations. Bloomberg/Getty Images Nvidia is ushering in a new era for its global sales organization.
In June, Jay Puri — the chip giant's head of worldwide field operations, and a billionaire who served in Nvidia CEO Jensen Huang's inner circle — told the company he is retiring after 21 years. He will transition to an advisory role.
To replace him, Nvidia looked outside its ranks — something of an unorthodox move for a C-Suite synonymous with long tenures, internal promotions, or executives coming in from acquisitions.
Nick Parker, a 26-year Microsoft veteran, joins Nvidia next month. Most recently, he served as executive vice president and chief business officer of Microsoft's worldwide sales and solutions organization.
Prior to his departure from Microsoft, Business Insider learned that Parker had just accepted a role leading its new $2.5 billion Microsoft Frontier Company, which connects 6,000 engineers and industry experts with its customers to help with AI. The role included a CEO title and a bigger head count than Parker's previous role, according to people familiar with the matter.
Per a securities filing, Parker's pay package at Nvidia includes $40 million in stock awards, a $5 million signing bonus, and a $1 million annual base salary.
The hire signals to Wall Street that Nvidia isn't "resting on its laurels" as the dominant AI chipmaker and is eyeing its next chapter of growth, said David Nicholson, chief technology advisor at The Futurum Group.
Puri steered Nvidia's global sales during its rise from a graphics card company into the world's dominant AI chip maker.
Parker inherits a different challenge. Rather than selling more AI chips, Nvidia needs to help customers successfully deploy AI — a job well suited to someone who spent 26 years selling enterprise technology at Microsoft.
Parker also brings deep relationships with governments, cloud providers, and other partners, said Brad Gastwirth, the global head of research and market intelligence at Circular Technology.
As Nvidia pushes deeper into business software, it faces a familiar challenge: helping large, highly regulated companies move from buying AI infrastructure to deploying it.
Earlier this year, Business Insider reported that Nvidia sales executives discussed how Bank of America struggled to deploy the chip giant's AI Factory software, highlighting common hurdles across industries.
Microsoft declined to comment. Nvidia did not respond to a request for comment from Business Insider.
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Geoff Weiss You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Geoff Weiss is a senior reporter on Business Insider’s tech team, where he writes about AI startups and Y Combinator, the intersection of AI and the media industry, and workplace dynamics within top AI labs and chip companies.Previously, Geoff was on the media desk, covering YouTube and Netflix, and themes like the intersection of Hollywood and the creator economy. His work on Netflix’s video podcasting ambitions and Mr Beast’s lessons for Hollywood won second and first prize, respectively, at the 2025 LA Press Club Awards.Prior to joining Business Insider, Geoff was the senior editor of Tubefilter and a staff writer at Entrepreneur. He graduated from New York University with a degree in English Literature.He can be reached at [email protected], on Signal @geoffweiss.25, and on LinkedIn. Have a tip? Use a personal email address and a nonwork device; here's our guide to sharing information securely.Selected stories:Nvidia crushed its quarter — and CEO Jensen Huang said in a leaked all-hands that 'the market did not appreciate it'Nvidia will foot the bill for Trump's new visa fees. Here's what CEO Jensen Huang told staff.Massive AI salaries and RTO are fueling a real estate boom in San Francisco: 'It's going to rain money'The AI talent wars are ricocheting across startups. Here's how they're competing with Big Tech.
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