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2026-07-16 12:31 25d ago
2026-07-16 07:35 26d ago
Kennedy Wilson Announces Add-On Senior Notes Offering
KW Kennedy-Wilson Holdings
FMP Stock News
Original source text
-

BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Kennedy-Wilson, Inc. (the “Issuer”), a wholly-owned subsidiary of global real estate investment company Kennedy-Wilson Holdings, Inc. (the “Company” or “Kennedy Wilson”), today announced that it has commenced a private offering (the “Offering”) of $200 million aggregate principal amount of additional 7.250% senior notes due 2033 and/or additional 7.000% senior notes due 2031 (as applicable, the “Additional Notes”) pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”).

On May 29, 2026, the Issuer issued an aggregate principal amount of $700 million of 7.250% senior notes due 2033 and $1.1 billion of 7.000% senior notes due 2031 (as applicable, the “Existing Notes”). The Additional Notes and the Existing Notes will be treated as the same series for all purposes under the indenture that governs the Existing Notes, and that will govern the Additional Notes. The Additional Notes will have the same terms, other than issue date and initial price, as the Existing Notes.

The Existing Notes are, and on the issue date of the Additional Notes, the Additional Notes will be, fully and unconditionally guaranteed on an unsecured basis by the Company and certain subsidiaries of the Issuer. The guarantees will rank equally in right of payment with all existing and future senior indebtedness of the guarantors and senior in right of payment to all existing and future subordinated indebtedness of the guarantors. There can be no assurance that the Offering will be completed.

The Issuer intends to use the net proceeds from the sale of the Additional Notes to repay a portion of the indebtedness outstanding under the unsecured revolving credit facility.

This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any securities. The Additional Notes and the guarantees will be offered only to persons reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A under the Securities Act) and to certain persons outside the United States pursuant to Regulation S under the Securities Act. The Additional Notes have not been and will not be registered under the Securities Act or under any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act, and, accordingly, are subject to significant restrictions on transfer and resale.

About Kennedy Wilson

Kennedy Wilson is a leading real estate investment company with $36 billion of assets under management in high growth markets across the United States, the UK and Ireland. Drawing on decades of experience, its relationship-oriented team excels at identifying opportunities and building value through market cycles, closing more than $60 billion in total transactions across the property spectrum since 2009. Kennedy Wilson owns, operates, and builds real estate within its high-quality, core real estate portfolio and through its investment management platform, where the company targets opportunistic equity and debt investments alongside partners.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the Issuer’s financing plans, including statements related to the Offering of the Additional Notes and the intended use of net proceeds of the Offering. These forward-looking statements are necessarily estimates reflecting the judgment of the Company’s senior management based on the Company’s current estimates, expectations, forecasts and projections and include comments that express the Company’s current opinions about trends and factors that may impact future results. Disclosures that use words such as “believe,” “may,” “anticipate,” “estimate,” “intend,” “could,” “plan,” “expect,” “project” or the negative of these, as well as similar expressions, are intended to identify forward-looking statements. Forward-looking statements involve significant known and unknown risks and uncertainties that may cause the Company’s actual results in future periods to differ materially from those projected or contemplated in the forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. There can be no assurance that the Offering of the Additional Notes will be completed, and there are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein as a result of various factors, including, without limitation, risks related to whether the Issuer will consummate the offering of the Additional Notes on the expected terms, or at all, market and other general economic conditions, whether the Issuer and the guarantors will be able to satisfy the conditions required to close any sale of the Additional Notes, the ability of the Issuer to use the proceeds from any sale of the Additional Notes as currently intended and other risks that could affect the Company’s business, financial condition or results of operations. Forward-looking statements are not guarantees of future performance, rely on a number of assumptions concerning future events, many of which are outside of the Company’s control, and involve known and unknown risks and uncertainties that could cause the Company’s actual results, performance or achievement, or industry results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties may include the risks and uncertainties described elsewhere in this press release, in other filings with the Securities and Exchange Commission (the “SEC”) and in the offering memorandum for the Additional Notes. Any such forward-looking statements, whether made in this press release or elsewhere, should be considered in the context of the various disclosures made by the Company about its business including, without limitation, the risk factors discussed in the Company’s filings with the SEC. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof. Except as required by applicable law, neither the Issuer nor the Company undertakes any obligation to update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

KW-IR

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2026-07-16 12:29 25d ago
2026-07-16 08:00 26d ago
Integra LifeSciences to Host Second Quarter 2026 Financial Results Conference Call on July 29, 2026
IART Integra LifeSciences Holdings
FMP Stock News
Original source text
PRINCETON, N.J., July 16, 2026 (GLOBE NEWSWIRE) -- Integra LifeSciences Holdings Corporation (NASDAQ: IART), a leading global medical technology company, will release second quarter 2026 financial results on Wednesday, July 29, 2026, prior to the market open. In conjunction with the earnings release, Integra’s management team will host a conference call at 8:30 a.m. ET.

A live webcast will be available on the Investors section of the Company’s website at investor.integralife.com. For those planning to participate on the call, register here to receive dial-in details and an individual pin. While not required, joining 10 minutes before the event starts is recommended. A webcast replay of the conference call will be available on the Investors section of the Company’s website following the call. 

About Integra LifeSciences

Integra LifeSciences (Nasdaq: IART) is a global medical technology leader dedicated to restoring lives. We are advancing transformational care through impactful innovation in neurosurgery and tissue reconstruction, specialized fields that demand exceptional expertise and precision. Our portfolio of highly differentiated, gold-standard technologies are trusted by healthcare professionals to deliver life-saving care. For our latest news and information, visit www.integralife.com.

Investor Relations:
Chris Ward
(609) 772-7736
[email protected]   

Media Contact:
Laurene Isip
(609) 208-8121
[email protected]

Integra LifeSciences Holdings Corporation
2026-07-16 12:28 25d ago
2026-07-16 08:00 26d ago
Hollister Features Rising Pop Superstar Freya Skye in “Made for this Moment” Denim Campaign
ANF Abercrombie & Fitch Company
FMP Stock News
Original source text
NEW ALBANY, Ohio, July 16, 2026 (GLOBE NEWSWIRE) -- Hollister Co. (“Hollister”), a division of Abercrombie & Fitch Co. (NYSE: ANF), announces the launch of its women’s fall denim campaign with rising popstar Freya Skye. The latest collection celebrates self-expression, confidence and the versatility of denim made for modern moments.

At the center of the campaign is Freya Skye, who embodies what it means to be “Made for this Moment.” As she tours, writes and lives in denim, Freya brings an authentic perspective shaped by her life in music and as a longtime fan of Hollister. Through a series of dynamic images and video content, the campaign captures Freya on stage, behind the scenes and in everyday moments, highlighting Hollister denim as a foundation for individuality. Together, Hollister and Freya celebrate personal style, encouraging customers to show up as themselves wherever life takes them.

Extending the partnership beyond the campaign, Hollister will launch limited-edition product, serve as an official sponsor of Freya Skye’s North America and UK and European tour, and host exclusive in-store appearances across the U.S. and Europe this fall.

This season’s denim collection features an updated range of styles, including ultra-low rise, baggy fits, adjustable waist and more. Designed with comfort, versatility and trend-forward styling in mind, the assortment offers pieces that can be dressed up or down, from everyday adventures to special occasions.

“Denim has always been a staple of self-expression, and this Hollister collection reflects the personal style and individuality we see in our customers,” said Carey Collins Krug, chief marketing officer at Abercrombie & Fitch Co. “Music is central to how our customers express themselves, and Freya’s authenticity, creativity and energy make her a natural partner for this campaign.”

“Hollister has been a part of my life for as long as I can remember, and it’s always felt like a brand everyone connects to. I grew up with Hollister, so being able to partner together now feels incredibly surreal,” said Freya Skye. “Hollister’s laidback, versatile style really reflects how I live, always moving between everyday moments and being on stage, which is why I love their denim. For me, the perfect pair of jeans is something I can wear all day, no matter the occasion. I love how this collection lets you style pieces your own way while feeling comfortable and confident - it’s made for every moment.”

The campaign will roll out across digital, social and in-store channels, featuring exclusive content and behind-the-scenes moments inspired by Freya’s world in music.

The new denim collection is available now in Hollister stores and online in sizes 00 to 20, starting at $49.95.

About Hollister
Hollister creates quality apparel, accessories and fragrance made for capturing moments, creating memories and being unapologetically you. Hollister Co. is a division of Abercrombie & Fitch Co. (NYSE: ANF) and is sold through more than 500 stores worldwide and at HollisterCo.com

About Freya Skye
Rising popstar Freya Skye continues to soar into the stratosphere - amassing over 2.5 billion streams of her music and garnering over 5 million social media followers, with sold-out concerts worldwide. In everything Freya does - from unforgettable live shows to deeply personal songwriting to impactful acting - her talent and authenticity shine through. Her relatable connection with fans, her kindness, and her accessibility invite a sense of community around the globe.

Since the beginning of 2026, Freya's achievements include breaking into the Billboard Hot 100, and her debut EP "stardust" debuting in the Top 100 in both the U.S. and UK. Her breakout hit "silent treatment" landed on the cover of Spotify's Pop Rising, among others, and broke into the Top 10 on Mediabase's Top 40 Pop Radio Chart - earning unprecedented support across the UK with Capital, BBC Radio 1, and Bauer; in Australia with NOVA, Hit Network, iHeart, and Triple J; and countless others around the world. She has sold out every one of her 100+ concerts this year, growing from 200 to upwards of 7,000 tickets a market since January. Her "stardust" EP hit #1 on the Billboard Vinyl Chart and UK Vinyl Charts.

Media Contact:
[email protected]

Investor Contact:
Mohit Gupta
Abercrombie & Fitch Co.
(614) 283-6877
[email protected]

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/4af4f945-d343-4f6d-8bf8-826791877a63

https://www.globenewswire.com/NewsRoom/AttachmentNg/3b9199e9-9a67-4485-9c85-c721f91c306e

https://www.globenewswire.com/NewsRoom/AttachmentNg/90021b65-1347-4d77-9744-b4a8863e6d4f
2026-07-16 12:28 25d ago
2026-07-16 06:55 26d ago
MasTec Schedules Second Quarter 2026 Earnings Conference Call
MTZ MasTec
FMP Stock News
Original source text
CORAL GABLES, Fla.--(BUSINESS WIRE)--MasTec, Inc. (NYSE: MTZ) will release its second quarter financial results on Thursday, July 30, 2026, after the market close. In addition, MasTec's senior management will host a webcast to review these results on Friday, July 31, 2026, at 9:00 a.m. ET. The event will be broadcast live and can be accessed through the MasTec Investor Relations website at https://investors.mastec.com/events-presentations/events. A replay link, along with the earnings release a.
2026-07-16 12:27 25d ago
2026-07-16 06:30 26d ago
UNITED PARKS & RESORTS INC. ANNOUNCES SECOND QUARTER 2026 EARNINGS RELEASE DATE AND CONFERENCE CALL INFORMATION
PRKS United Parks & Resorts
FMP Stock News
Original source text
, /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS) announced today that it will release its second quarter financial results before the market opens on Tuesday, August 4, 2026. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet on Tuesday, August 4, 2026, at 9 a.m. Eastern Time. The release and the conference call can be accessed via the Company's website at www.UnitedParksInvestors.com.

For those unable to participate in the live webcast, a replay will be available beginning at approximately 12 p.m. Eastern Time on August 4, 2026, under the "Events & Presentations" tab of www.UnitedParksInvestors.com. A replay of the call can also be accessed telephonically from approximately 12 p.m. Eastern Time on August 4, 2026, through 11:59 p.m. Eastern Time on August 11, 2026, by dialing (800) 770-2030 from anywhere in the U.S. or Canada, or (609) 800-9909 from other international locations and entering the conference code 5841517.

About United Parks & Resorts Inc.

United Parks & Resorts Inc. (NYSE: PRKS) is a global theme park and entertainment company that owns or licenses a diverse portfolio of award-winning park brands and experiences, including SeaWorld®, Busch Gardens®, Discovery Cove, Sesame Place®, Water Country USA, Adventure Island, and Aquatica®. The Company's seven world-class brands span 13 parks in seven markets across the United States and Abu Dhabi, offering experiences that matter with exhilarating thrill and family-friendly rides, coasters, and experiences, inspiring up-close and educational presentations with wildlife, and other various special events throughout the year. In addition, the Company collectively cares for one of the largest zoological collections in the world, is a global leader in animal welfare, training, and veterinary care, and is one of the leading marine animal rescue organizations in the world with a legacy of rescuing and caring for animals that spans over 60 years, including coming to the aid of over 43,000 animals in need. To learn more, visit www.UnitedParks.com.

Copies of this and other news releases as well as additional information about United Parks & Resorts Inc. can be obtained online at www.unitedparks.com. Shareholders and prospective investors can also register to automatically receive the Company's press releases, SEC filings and other notices by e-mail by registering at that website.

Contact:

Investor Relations Inquiries:
Matthew Stroud
Investor Relations
888-410-1812
[email protected]

Media Inquiries:
AnneMarie Iturrizaga
United Parks & Resorts Inc.
[email protected]

SOURCE United Parks and Resorts Inc.
2026-07-16 12:27 25d ago
2026-07-16 07:30 26d ago
Organon to Report Second Quarter 2026 Results in Its Regularly Scheduled Form 10-Q Filing
OGN Organon & Co
FMP Stock News
Original source text
JERSEY CITY, N.J.--(BUSINESS WIRE)--Organon (NYSE: OGN), a global healthcare company with a mission to deliver impactful medicines and solutions for a healthier every day, plans to release its second quarter 2026 financial results via its regularly scheduled Form 10-Q filing with the Securities and Exchange Commission (“SEC”). The company also plans to disclose certain non-GAAP financial measures and their reconciliation to their comparable GAAP measures for the second quarter 2026, which will be disclosed in a Form 8-K filing to be filed on the same day as the Form 10-Q. During the pendency of the previously announced acquisition by Sun Pharmaceutical Industries Limited on April 26, 2026, Organon has suspended its quarterly earnings calls.

IPR&D and Milestones

Organon currently expects to record approximately $1 million of milestone expense in the second quarter of 2026.

Organon’s second quarter results have not been finalized and are subject to the company’s quarterly financial statement closing procedures. There can be no assurance that actual results will not differ from the preliminary estimates described herein.

About Organon

Organon (NYSE: OGN) is a global healthcare company with a mission to deliver impactful medicines and solutions for a healthier every day. With a portfolio of over 70 products across Women’s Health and General Medicines, which includes biosimilars, Organon focuses on addressing health needs that uniquely, disproportionately or differently affect women, while expanding access to essential treatments in over 140 markets.

Headquartered in Jersey City, New Jersey, Organon is committed to advancing access, affordability, and innovation in healthcare. Learn more at www.organon.com and follow us on LinkedIn, Instagram, X, YouTube, TikTok and Facebook.

Cautionary Note Regarding Forward-Looking Statements

The information above reflects management’s current intentions and expectations for the future with respect to Organon’s expectations regarding the filing of its Form 10-Q for the quarter ended June 30, 2026 and related Form 8-K with certain non-GAAP financial measures and comparable GAAP measures and its milestone expenses, which constitute “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are subject to a number of risks, assumptions, uncertainties and other factors, such as the completion of Organon’s quarter-end closing process, including review by management and the audit committee of the Organon’s board of directors, which could result in material changes to the preliminary estimates described herein. Risks and uncertainties include, but are not limited to uncertainties as to the timing of the proposed transaction with Sun Pharma; the risk that the proposed transaction may not be completed on the anticipated terms in a timely manner or at all; the failure to satisfy any of the conditions to the consummation of the proposed transaction, including receiving, on a timely basis or otherwise, the minimum vote required by Organon’s stockholders to approve the proposed transaction; the possibility that competing offers or acquisition proposals for Organon will be made; the possibility that any or all of the various conditions to the consummation of the proposed transaction may not be satisfied or waived, including the failure to receive any required regulatory approvals from any applicable governmental entities (or any conditions, limitations or restrictions placed on such approvals); the occurrence of any event, change or other circumstance that could give rise to the termination of the definitive agreement, including in circumstances which would require Organon to pay a termination fee; the effect of the announcement or pendency of the proposed transaction on Organon’s ability to retain and hire key personnel, its ability to maintain relationships with its customers, suppliers and others with whom it does business, or its operating results and business generally; risks related to diverting management’s attention from Organon’s ongoing business operations; the risk that stockholder litigation in connection with the proposed transaction may result in significant costs of defense, indemnification and liability; certain restrictions during the pendency of the proposed transaction that may impact Organon’s ability to pursue certain business opportunities or strategic transactions; the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of Organon’s common stock, including if the proposed transaction is not consummated; risks that the benefits of the proposed transaction are not realized when and as expected; and legislative, regulatory and economic developments. Although Organon believes that the expectations reflected in its forward-looking statements are reasonable, it cannot assure that those expectations will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, even if subsequently made available by Organon on its website or otherwise. Organon undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Factors that could cause results to differ materially from those described in the forward-looking statements can be found in Organon’s filings with the SEC, including Organon’s most recent Annual Report on Form 10-K and subsequent SEC filings (as amended, where applicable), available at the SEC’s Internet site (www.sec.gov).

Additional Information and Where to Find It

This press release may be deemed to be solicitation material in respect of the proposed transaction between Organon, Sun Pharmaceutical Holdings USA, Inc. and Sun Pharma America, Inc. In connection with the proposed transaction, Organon filed relevant materials with the SEC, including Organon’s definitive proxy statement on Schedule 14A with the SEC on June 17, 2026, which is available at https://www.sec.gov/Archives/edgar/data/1821825/000119312526266707/d141679ddefa14a.htm (the “Merger Proxy Statement”). Organon mailed the Merger Proxy Statement and a proxy card to its stockholders in connection with the proposed transaction.

INVESTORS AND STOCKHOLDERS OF ORGANON ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING THE MERGER PROXY STATEMENT, BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT ORGANON, SUN PHARMACEUTICAL HOLDINGS USA, INC., SUN PHARMA AMERICA, INC. AND THE PROPOSED TRANSACTION AND RELATED MATTERS. Investors and stockholders of Organon are able to obtain these documents free of charge from the SEC’s website at www.sec.gov, or through the investor relations section of Organon’s website, https://www.organon.com.

Participants in the Solicitation

Organon and its directors, executive officers and other members of management and employees, under SEC rules, may be deemed to be “participants” in the solicitation of proxies from stockholders of Organon in favor of the proposed transaction. Information about Organon’s directors and executive officers is set forth in the Merger Proxy Statement, which is available at https://www.sec.gov/Archives/edgar/data/1821825/000119312526266707/d141679ddefa14a.htm. To the extent holdings of Organon’s securities by its directors or executive officers have changed since the amounts set forth in the Merger Proxy Statement, such changes have been or will be reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=1821825. Additional information concerning the interests of Organon’s participants in the solicitation, which may, in some cases, be different than those of Organon’s stockholders generally, are set forth in the Merger Proxy Statement.

More News From Organon & Co.
2026-07-16 12:24 25d ago
2026-07-16 05:46 26d ago
Apollo Global Just Got Kicked Out of the Russell Growth Indexes. Is the Forced Selling a Buying Opportunity?
APO Apollo Global Management
FMP Stock News
Original source text
Apollo Global Management's (APO +1.58%) stock price is down about 15% in recent weeks. The decline is mainly tied to the annual reconstitution of the Russell indexes. Apollo, an alternative asset manager, was removed from the Russell 1000 Growth Index following the latest reconstitution, which took effect on June 26.

In the algorithms that Russell uses to reconstitute its various indexes, Apollo no longer exhibited the traits of a growth stock. Instead, it was deemed a value stock and was moved into the Russell 1000 Value Index.

Right after the rebalancing took effect, Apolloʻs stock price dropped sharply and is now trading at roughly $120 per share, off 18% year to date. But is this an opportunity to buy low on this growth-turned-value stock?

Image source: Getty Images.

Growth to value A big reason Apollo stock dropped is that it got kicked out of two massive growth exchange-traded funds (ETFs) -- the $127 billion iShares Russell 1000 Growth ETF (IWF +0.28%) and the $44 billion Vanguard Russell 1000 Growth ETF (VONG +0.26%). Losing invested capital from these sizeable funds, literally overnight, can leave a big dent in the stock price.

It did get added to two value ETFs -- the $81 billion iShares Russell 1000 Value ETF (IWD +0.37%) and the $20 billion Vanguard Russell 1000 Value ETF (VONV +0.47%). But combined, these two ETFs have almost $75 billion less in assets to invest than the two growth ETFs.

That aside, Apollo Global still has strong fundamentals, and this rebalancing could present an excellent buying opportunity.

Showtime for Apollo? Apollo stock looks like a good buy right now, with some momentum following a strong first quarter. As an alternative asset manager, it invests in private equity, private debt, and other alternative investments. These assets tend to have a low correlation to stocks, often performing well when stocks don't -- like they did in the first quarter.

Today's Change

(

1.58

%) $

1.90

Current Price

$

121.83

In Q1, Apollo had record fee-related income of $728 million, up 30% year over year, while adjusted net income rose 8% to $1.2 billion. Wall Street analysts project 21% revenue growth in 2026 and 14% growth in 2027. Earnings are expected to rise 6% this year and another 20% in 2027.

One concern that contributed to the sell-off was a June 22 Securities and Exchange Commission (SEC) filing that said Apollo was capping redemptions at 5%. This was most likely due to high redemption requests to its flagship fund, Apollo Debt Solutions, totalling 16.8% of the fund. This was sparked by heightened concerns among investors about problems in the private credit market. It's the second quarter in a row that they've put redemption caps in place. While private credit has been resilient, it is something to watch.

Apollo is a good value on a forward earnings basis Apollo's price-to-earnings (P/E) ratio is high, but that's because it took GAAP (generally accepted accounting principles) losses last quarter due to a high one-time offshore tax-related expense. But on a forward earnings basis, it is relatively cheap, trading at 13 times forward earnings.

Some 73% of Wall Street analysts rate it as a buy, with a median price target of $150 per share. That would suggest 25% upside.

I think reconstitution will benefit investors, as they can now get this value stock at a discount.
2026-07-16 12:23 25d ago
2026-07-16 06:27 26d ago
J.B. Hunt Stock Jumps as Earnings Exceed High Expectations for Trucking
JBHT JB Hunt Transport Services
FMP Stock News
Original source text
Wednesday, J.B. Hunt reported earnings per share of $1.91, up 45% year over year, from sales of $3.5 billion, up 19%.
2026-07-16 12:23 25d ago
2026-07-16 06:30 26d ago
Zelman, A Walker & Dunlop Company, Launches Speakers Bureau Featuring Leading Voices in Housing and Commercial Real Estate
WD Walker & Dunlop
FMP Stock News
Original source text
BETHESDA, Md.--(BUSINESS WIRE)--As investors, developers, lenders and corporate leaders navigate one of the most consequential periods for housing and commercial real estate in decades, Zelman, a Walker & Dunlop company, today announced the launch of the Zelman Speakers Bureau, providing organizations with direct access to some of the industry's most respected analysts and thought leaders.

From interest rate volatility and affordability pressures to capital markets, demographic shifts and evolving investment strategies, audiences are looking for more than market commentary. They want informed perspectives from experts who shape industry conversations. Through the Speakers Bureau, conference organizers, corporate boards, trade associations and executive teams can engage Zelman's nationally recognized experts for keynote presentations, panel discussions, executive briefings and custom workshops.

"Today's market demands informed views grounded in data, industry relationships and real-world experience," said Ivy Zelman, EVP and co-founder of Zelman, a Walker & Dunlop Company. "Our team is in constant dialogue with builders, developers, investors and operators across the country, giving us a front-row seat to the trends reshaping housing and commercial real estate. Our Speakers Bureau brings those insights directly to organizations so they can make those strategic decisions."

Recognized throughout the industry, Zelman's analysts cover every segment of the housing ecosystem, including homebuilding, multifamily, single-family rentals, manufactured housing, building products, consumer, real estate services and mortgage finance. The Speakers Bureau features several of Zelman's leading analysts, including Alan Ratner, Ryan McKeveny, McClaran Hayes, Marius Morar, and Jesse Lederman. Collectively, they bring decades of industry experience and are frequent speakers at leading conferences and contributors to national business media, including CNBC, Barron’s and The Wall Street Journal.

Supported by the broader expertise of Walker & Dunlop, one of the nation's largest commercial real estate finance and advisory firms, speakers can also provide perspective on commercial real estate capital markets, demographics and the broader macroeconomic forces influencing real estate performance.

Speaking engagements can be tailored to virtually any audience, with topics ranging from U.S. housing market trends and homebuilding to multifamily, mortgage finance, building products, housing policy and investment strategy.

For more information on this opportunity or to request a speaker, visit our website.

Founded in 2007, Zelman, a Walker & Dunlop Company, is the leading institutional research advisory and investment banking firm dedicated exclusively to the U.S. housing industry. Zelman provides distinguished institutional research and investment banking capabilities with the highest levels of client service, trust, sophistication and credibility unique to the housing, institutional research and investment banking industries.

All securities offered through Zelman Partners LLC, a registered broker dealer and member of FINRA and SIPC.

About Walker & Dunlop

Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in the United States and internationally. Our ideas and capital create communities where people live, work, shop, and play. Our innovative people, breadth of our brand, and our technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry.

More News From Walker & Dunlop, Inc.
2026-07-16 12:22 25d ago
2026-07-16 07:00 26d ago
Bath & Body Works Expands Global Footprint With Entry Into Brazil
BBWI Bath & Body Works
FMP Stock News
Original source text
COLUMBUS, Ohio, July 16, 2026 (GLOBE NEWSWIRE) -- Bath & Body Works, a global leader in personal care and home fragrance, today announced its entry into Brazil with the debut of its first store and digital destination, bathandbodyworks.com.br. This entry strengthens Bath & Body Works' global footprint as the brand expands its reach into prime international markets where consumer demand for fragrance and self-care is strong and growing.

Now open at Morumbi Shopping—one of São Paulo’s premier retail destinations—Bath & Body Works’ first store in Brazil brings the brand’s market-leading fragrance expertise to new consumers with an assortment of iconic and beloved scents across body care and home.

Brazil is recognized as one of the world’s largest beauty markets where demand for accessible, high-quality fragrance is growing. Brazilian consumers see fragrance as an essential part of their daily self-care routine, often layering multiple scents to create a more personalized experience. As a global fragrance leader with a wide portfolio of accessible, high-quality scents, Bath & Body Works is well positioned to meet this consumer demand.

"The best opportunities are where consumers already love the category,” said Daniel Heaf, Bath & Body Works chief executive officer. “Brazil is one of the largest and most passionate fragrance markets in the world, making it a natural place for Bath & Body Works. We're excited to bring our fragrances to more consumers and become part of how they express themselves every day.”

Brazilian consumers can shop a wide assortment of Bath & Body Works’ perfumer-crafted, fan-favorite collections. These include Champagne Toast, A Thousand Wishes, In the Stars, Into the Night, Gingham and Warm Vanilla Sugar across body care and home fragrance, including fine fragrance mist, body cream, lotion, eau de parfum, body wash, hand soap, 3-wick candles and more.

In addition to best-sellers and brand icons, Bath & Body Works localizes its assortments through a strong franchise partner model. By tapping into partners’ deep regional consumer expertise, the brand can refine its approach and curate product offerings that resonate with fragrance preferences across global markets.

In Brazil where demand for fruity and tropical scents is strong, the product assortment was tailored to meet these specific preferences. Consumers can explore fragrances like Waikiki Beach Coconut, Pink Pineapple Sunrise, Mango Papaya Paradise, Rainforest Falls and Sea Salt Coast.

The Viva collection, which first debuted in U.S. stores, is also represented in this assortment. It was developed alongside world-class perfumers and features fragrances inspired by Brazil’s vibrant culture, energetic spirit and breathtaking scenery.

This collection includes:

Viva Brazil, a bright, juicy blend of fresh guava, maracuja zest and coconut water. Available in body care, 3-wick and single wick candles, diffusers and hand soap.  Dreaming of Rio, an evocative escape featuring golden banana, gardenia petals and sunlit cedarwood. Available in body care.Warm Summer Evening, warm florals, calming amber and velvety sandalwood. Available in 3-wick and single wick candles and hand soap.Banana Cream Latte, a playful gourmand scent with whipped banana, smooth espresso and sweet cream. Available in a 3-wick candle. International growth remains a key pillar of the brand’s strategy to place Bath & Body Works in new environments that strengthen discovery, drive awareness and attract new consumers, creating new pathways into the brand.

Today, Bath & Body Works has more than 550 international locations spanning six continents and over 45 countries.

Driven by strong global demand, Bath & Body Works continues to accelerate international growth, expanding its store footprint and reach to consumers worldwide.

ABOUT BATH & BODY WORKS 
Bath & Body Works is a global leader in personal care and home fragrance, driven by the belief that everybody deserves to feel good. 

The brand’s beloved and iconic scents are expertly crafted for exceptional performance and a luxury fragrance experience. Formulated with thoughtfully chosen ingredients, Bath & Body Works’ body care products are available in multiple forms including fine fragrance mist, body cream, lotion, eau de parfum, body wash, hand soap, sanitizer and more. The brand’s famous 3-wick candles are made with rich, high-quality fragrance oils layered throughout a premium soy wax base, for up to 45 hours of room-filling fragrance. 

Consumers can shop Bath & Body Works anytime and anywhere they choose, from welcoming, in-store experiences at more than 1,900 stores in the U.S. and Canada, 550-plus international locations and select Ulta Beauty stores. Online, consumers can visit bathandbodyworks.com, Amazon and Ulta.com.

Media Contact:
Stephanie Ross
[email protected] 

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/3a116270-4c83-48c2-9849-01c3a1ae5ae7

https://www.globenewswire.com/NewsRoom/AttachmentNg/15d2c290-b017-4390-be9c-ca8e0fe4bb72

https://www.globenewswire.com/NewsRoom/AttachmentNg/80844b1a-626f-4dab-bd5d-5eec50cc0261
2026-07-16 12:21 25d ago
2026-07-16 07:05 26d ago
AST SpaceMobile Shares Sink After $1 Billion Convertible Notes Deal
ASTS AST SpaceMobile
FMP Stock News
Original source text
AST SpaceMobile (ASTS) fell in after-hours trading after the satellite communications company priced a $1 billion private offering of convertible senior notes d
2026-07-16 12:20 25d ago
2026-07-16 06:24 26d ago
Domino's Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
DPZ Domino’s Pizza
FMP Stock News
Original source text
Domino’s Pizza, Inc. (NASDAQ:DPZ) will release its second quarter earnings report before the opening bell on Monday, July 20.

Analysts expect the Ann Arbor, Michigan-based company to report quarterly earnings of $4.17 per share, up from $3.81 per share in the year-ago period. The consensus estimate for Domino’s quarterly revenue is $1.18 billion. It reported $1.15 billion last year, according to Benzinga Pro.

On July 14, Domino’s announced appointment of two new independent directors and election of Corie Barry as lead independent director.

Shares of Domino’s rose 0.3% to close at $310.87 on Wednesday.

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 DPZ stock? Here’s what analysts think:

Photo via Shutterstock

Market News and Data brought to you by Benzinga APIs

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

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2026-07-16 12:20 25d ago
2026-07-16 07:00 26d ago
Marex offers clients ability to post USDC as margin for derivatives
MRX Marex Group
FMP Stock News
Original source text
NEW YORK, July 16, 2026 (GLOBE NEWSWIRE) -- Marex Group Limited (NASDAQ: MRX), the diversified financial services platform, today announced that clients will be able to utilize USDC, a regulated1, fully reserved dollar-denominated stablecoin issued by Circle, serving as the digital collateral asset in this workflow, as initial margin (IM) collateral. This initiative is enabled in collaboration with Coinbase, and will assist clients in deploying their digital asset portfolios more effectively while tapping into the benefits of blockchain-native transfer rails. Coinbase provides the underlying infrastructure supporting custody, on/off-ramps, and reporting required for this capability.

“The future of finance is unfolding before our eyes,” said Stephen Hood, Head of Clearing, Americas at Marex. “With regulatory clarity helping to shape the future of USDC and other stablecoins, the speed and accessibility of blockchain technology is transforming clearing globally. For clients actively trading digital assets, the ability to use USDC as good segregated collateral will enhance capital efficiencies and set the stage for a new wave of innovation.”

The launch of this service follows the issuance of a no-action letter from the Commodities Futures Trading Commission (CFTC) in December 2025, on the use of digital assets as collateral. The letter effectively permits Futures Commission Merchants (FCMs) to accept non-securities digital assets, including USDC, Bitcoin and Ethereum, as customer margin collateral for CFTC-regulated derivatives and to treat them in certain risk calculations, subject to strict conditions. Coinbase supports Marex’s implementation through NYDFS-qualified custody, 1:1 instant fiat-to-USDC conversion, and bespoke reporting infrastructure aligned with CME requirements.

The integration of USDC marks a significant step toward modernizing global derivatives market infrastructure. In today’s markets, risk moves in response to global events as they unfold, yet collateral relies on traditional banking rails constrained by operating hours and multi-day settlement. The ability to post USDC as initial margin empowers Marex clients to manage risk in near real time, moving collateral 24/7 at internet-speed to keep pace with always-on markets. Over time, as the use of tokenized collateral becomes more prevalent, its real-time mobility and transparency can help drive down risks across the system.

“USDC, when integrated into institutional trading and clearing workflows, enables initial margin to move at internet speed, unlocking new levels of efficiency and programmability in collateral management all while meeting the rigorous standards institutional markets demand,” said Claire Ching, VP of Global Capital Markets at Circle. “By supporting USDC as IM collateral, Marex is equipping institutional trading clients to operate seamlessly in a 24/7 global market environment.”

“Stablecoin collateral is moving from concept to production. Coinbase is providing the institutional infrastructure underneath: NYDFS-qualified custody, instant fiat-to-USDC conversion, and reporting built to meet clearing-grade requirements. The same infrastructure that safeguards assets for the majority of US spot crypto ETFs is now powering collateral workflows in regulated derivatives clearing. We expect this model to extend across more clearinghouses and margin workflows as the market moves toward always-on collateral,” said Liz Martin, Coinbase VP of Markets and Head of Derivatives.

Joe Balcarcel, Chief Administrative Officer, said: “Prime Trading, LLC is excited to partner with Marex on this innovative initiative and support the continued evolution of digital asset infrastructure within traditional derivatives markets. We believe this represents an important step forward for the trading industry, as blockchain-based collateral solutions have the potential to enhance capital efficiency, improve the speed and flexibility of collateral management, and provide the ability to respond to significant market events and trading opportunities beyond traditional banking hours.”

Ram Vittal, Chief Executive Officer, Marex Americas, said: “We’re proud to be at the forefront of the convergence of digital assets and traditional finance to enhance market access and responsibly reshape the financial ecosystem for clients and future generations.”

For its first transaction, Marex accepted USDC as IM collateral from Prime Trading, with Coinbase’s supporting custody, settlement, and reporting infrastructure, and delivered cash to fund positions.

Marex is a leader in digital assets innovation and regulated crypto markets. In addition to being a large clearer of crypto derivatives on CME, Cboe, SGX, Coinbase Derivatives Exchange, and Bitnomial, Recently, Marex was a day one clearer for the launch of SGX Crypto Perpetual Futures, cleared the first-ever Bitcoin Friday Futures block trade and the first-ever Bitcoin Friday Futures options trade on CME.

About Marex:
Marex Group Limited (NASDAQ: MRX) provides market access, infrastructure services and essential liquidity to clients across global commodity and financial markets. The Group provides comprehensive breadth and depth of coverage across four services: Clearing, Agency and Execution, Market Making and Hedging and Investment Solutions. It has a leading franchise in many major metals, energy and agricultural products, with access to more than 60 exchanges. Marex has over 3,400 active clients, including some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers. With more than 50 offices worldwide, the Group has over 3000 employees across Europe, Asia and the Americas. For more information visit www.marex.com.

About Circle Internet Group, Inc.
Circle (NYSE: CRCL) is one of the world’s leading internet financial platform companies, building the foundation of a more open, global economy through programmable blockchain infrastructure, digital assets, and payment applications. Circle’s platform includes the world’s largest stablecoin network anchored by USDC, Circle Payments Network for global money movement, and Arc, an enterprise-grade blockchain designed to become the Economic OS for the internet. Enterprises, financial institutions, and developers use Circle to power trusted, internet-scale financial innovation.

About Coinbase
Crypto creates economic freedom by ensuring that people can participate fairly in the economy, and Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom for more than 1 billion people. We’re updating the century-old financial system by providing a trusted platform that makes it easy for people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and fast, free global transfers. We also provide critical infrastructure for onchain activity and support builders who share our vision that onchain is the new online. And together with the crypto community, we advocate for responsible rules to make the benefits of crypto available around the world.

About Prime Trading LLC
Prime Trading LLC is a Chicago-based proprietary trading firm specializing in futures, options, equities, and digital assets across global markets. The firm combines experienced discretionary traders with systematic and quantitative trading strategies, supported by dedicated teams in operations, technology, and risk management. Prime maintains memberships and market access across major global derivatives exchanges through longstanding clearing and execution relationships, enabling it to trade a diverse range of asset classes worldwide. Through continued investment in technology and its traders, the firm remains focused on innovation, disciplined risk management, and long-term growth.

Enquiries please contact:

Nicola Ratchford / Adam Strachan

+44 778 654 8889 / +1 914 200 2508

[email protected] / [email protected]

River Communications
+19146865599 [email protected]

1 USDC is issued by regulated affiliates of Circle. See Circle’s list of regulatory authorizations.
2026-07-16 11:56 25d ago
2026-07-16 05:56 26d ago
BlackSky: Their Tech Is Ahead Of The Curve - Here's What We Need To See In Earnings
BKSY BlackSky Technology
FMP Stock News
Original source text
BlackSky Technology Inc. is transitioning from a satellite imagery provider to an AI-driven, real-time intelligence platform targeting defense workflows. BKSY's investment thesis hinges on scaling pilot programs into multi-year, high-margin recurring contracts, leveraging proprietary Gen-3 architecture and embedded machine learning models. Despite a $350M+ backlog and management's $140M full-year revenue guide, near-term execution risks persist with Q1 revenue down 29.5% YoY and ongoing guidance misses.
2026-07-16 11:56 25d ago
2026-07-16 07:00 26d ago
BlackSky to Host Second Quarter 2026 Results Conference Call
BKSY BlackSky Technology
FMP Stock News
Original source text
HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (NYSE: BKSY) will host a live webcast and conference call to discuss second quarter 2026 financial results and its business outlook on Thursday, August 6, 2026, at 8:30 a.m. EDT. A press release with BlackSky's financial results will be released in advance of the conference call that same day. To access the live webcast, please click here or visit the company's investor relations website at http://ir.blacksky.com and then select “News &amp.
2026-07-16 11:56 25d ago
2026-07-16 06:59 26d ago
Garmin unveils G2000 PRIME Integrated Flight Deck
GRMN Garmin
FMP Stock News
Original source text
G2000 PRIME brings turbine-class avionics technology to high-performance piston and electric aircraft

, /PRNewswire/ -- Garmin (NYSE: GRMN) today introduced G2000® PRIME, its new premium integrated flight deck for high-performance Class I/II piston and electric aircraft. Leveraging innovations debuted in the G3000 PRIME flight deck, G2000 PRIME refines the flight deck experience for another class of aircraft with sleek, intuitive, all-touchscreen displays. State-of-the-art user interface design and advanced connectivity enable G2000 PRIME to leverage cutting-edge technologies that can enhance safety potential and efficiency while minimizing pilot workload in every phase of flight.

Garmin unveils G2000 PRIME Integrated Flight Deck "The response to our PRIME flight decks has been incredibly enthusiastic, and we're excited to bring this next-generation technology to high-performance light general aviation aircraft with G2000 PRIME. As pilots and aircraft manufacturers continue to seek more intuitive, capable and connected avionics, G2000 PRIME delivers on that demand with a premium flight deck experience designed to help simplify operations, enhance situational awareness and support advanced safety-enhancing technologies. It represents an important step forward in bringing Garmin's most advanced integrated flight deck innovations to more aircraft and more pilots."

–Phil Straub, Garmin Executive Vice President and Managing Director, Aviation

Stunning edge-to-edge glass flight displays

G2000 PRIME features expansive 14-inch touchscreen primary display units (PDU) with edge-to-edge, sunlight-readable, fingerprint-resistant glass, redefining expectations in cockpit aesthetics and functionality. The vibrant displays include multiple performance enhancements such as quadruple the memory and gigabit system connectivity that is up to 100 times faster than earlier systems. New, faster multi-core processors more than double the processing power – leveraging Garmin's experience certifying multi-core technology for civil and military aviation markets as early as 2017. Additionally, higher display refresh rates provide crisp, smooth animations and an impressively responsive and fluid experience.

The secondary display units (SDU) provide data entry and system control, with the added capability to display multi-function applications. The high-resolution, 7-inch SDUs boast a 40% increase in screen area over prior Garmin touch controllers. Additionally, in certain aircraft applications, the SDUs can double as an integrated standby flight instrument display, removing the need for a dedicated standby flight instrument in the panel.

G2000 PRIME's new advanced multi-touch touchscreen interface, capable of recognizing up to 10 touchscreen inputs at once, allows both pilot and copilot to interact with the same display simultaneously. The enhanced multi-touch technology also enables on-screen hand stabilization, allowing pilots to give precise touchscreen inputs while simultaneously resting their fingers on the display.

Modern & intuitive new user interface

G2000 PRIME boasts a modern, yet familiar user interface, blending Garmin's rich experience in avionics design with a sleek, contemporary look and feel. Enhanced fonts and iconography ensure clarity and familiarity, while smartly organized and shallow application menus provide quick access to critical functions.

Primary Flight Windows (PFW) and Multi-Function Windows (MFW) maximize situational awareness with full-screen or split-screen options. New quick access bars allow pilots to open common apps such as maps, traffic, weather and charts with one touch. While viewing maps, pilots can touch anywhere to open a radial menu with options for accessing additional airport, weather, or airspace information, or quickly adjusting a flight plan via graphical editing. Interactive engine and electrical indications allow pilots to quickly open systems controls and information such as cabin environmental controls, synoptics and more.

To further ease information management, the Window Manager feature allows pilots to configure app display, window sizing, and more across the entire flight deck from one SDU. The Window Manager also provides multiple preset options that can configure all displays with one command, eliminating the need for operators to manually configure each window for various phases of flight.

Advanced flight tools

G2000 PRIME provides enhanced flight management system (FMS) tools like the Modified Flight Plan, which allows pilots to use both the PDU and SDUs to provide a side-by-side graphical preview of flight plan changes, including performance calculation comparisons or what-if scenarios. During initialization, pilots can also elect to set up an Emergency Return function, which simplifies pilot responses to in-flight emergencies shortly after takeoff. Recently introduced to Garmin integrated flight decks,

Taxiway Routing has been further improved to provide automated route guidance on the 2D navigational maps and 3D Synthetic Vision Technology (SVT™) depictions.

G2000 PRIME provides advanced automation with smart checklists that are linked to crew alerting system (CAS) messages. When pilots receive a CAS message that is associated with a checklist, pilots may simply tap the message to open the appropriate checklist with a single touch. The checklists can also now sense indications and show within the checklist that the item is in the correct position, value or configuration – or provide pilots with the option to quickly view detailed synoptics. Integration with Garmin-designed Electronic Power Distribution Systems replaces traditional switches with intuitive electronic circuit breakers, providing enhanced automation and ensuring a streamlined and modern cockpit experience.

Unmatched safety-enhancing innovations

G2000 PRIME features a wide array of industry-leading advanced safety-enhancing technologies available only from Garmin, including Autonomí, Garmin's family of autonomous safety-enhancing technologies. Collier Trophy recipient, Garmin Autoland, can take complete control of the flight to land the aircraft in an emergency situation where the pilot is unable to do so1. Additional safety tools such as Smart Glide™, Smart Rudder Bias, Electronic Stability Protection (ESP™), Emergency Descent Mode (EDM) and Garmin Autothrottle further ensure confidence in every flight.

Garmin's terminal safety solutions add even more capabilities to G2000 PRIME-equipped aircraft. Award-winning Runway Occupancy Awareness (ROA) technology analyzes GPS and ADS-B traffic information relevant to the airport's runways and taxiways to assess and alert the flight crew of a possible runway incursion or collision. ROA builds upon Garmin's other terminal safety solutions including 3D SafeTaxi® and Garmin SurfaceWatch™.

Seamless connectivity and integration

Stay fully connected while flying behind G2000 PRIME using a variety of supported connectivity options such as Connext Satellite Services, LTE, SiriusXM, Wi-Fi, Bluetooth® and more. Garmin's PlaneSync™ connected aircraft management system automatically updates databases2, logs flight and engine data and allows aircraft owners and operators to remotely check fuel and systems status via the Garmin Pilot™ app3. Automated cockpit functions such as flight plan uploads over PlaneSync ensure pilots have access to real-time data, enhancing their operational efficiency and decision-making.

Initial aircraft delivering with G2000 PRIME will be announced by aircraft manufacturers. To learn more, visit Garmin.com/G2000PRIME.

Garmin products and services have revolutionized flight and become essential to the lives of pilots and aircraft owners and operators around the world. A leading provider of solutions to general aviation, business aviation, rotorcraft, advanced air mobility, government and defense, and commercial air carrier customers, Garmin believes every day is an opportunity to innovate. Recipient of the prestigious Robert J. Collier Trophy for Garmin Autoland, Garmin developed the world's first certified autonomous system that activates during an emergency to control and land an aircraft without human intervention. Visit the Garmin Newsroom, email our media team, connect with @garminaviation on social, or follow our blog.

1 See Garmin.com/ALuse for Autoland system requirements and limitations.

2 Active PlaneSync and database subscriptions required for automatic database updates. Active PlaneSync subscription plan required for flight log uploading. Features are available on-ground only and requires GDL 60 to have active LTE or Wi-Fi connectivity; signal strength and other factors may apply. See Garmin.com/PlaneSyncCoverage for LTE coverage details.

3 Remote aircraft status requires active PlaneSync subscription. User's smart device must have internet connectivity. Feature is available on-ground only and requires GDL 60 to have LTE connectivity; signal strength and other factors may apply. See Garmin.com/PlaneSyncCoverage for coverage details.

About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, G2000 and SafeTaxi are registered trademarks and SVT, Smart Glide, ESP, SurfaceWatch, PlaneSync and Garmin Pilot are trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 27, 2025, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). Copies of such Form 10-K are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made, and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

MEDIA CONTACT:
Mikayla Rudolph
913-397-8200
[email protected]

SOURCE Garmin International, Inc.
2026-07-16 11:52 25d ago
2026-07-16 06:29 26d ago
AIRO Completes Major Delivery of its RQ-35 ISTAR UAS, Highlighting Production Scale
AIRO AIRO Group Holdings
FMP Stock News
Original source text
MCLEAN, Va.--(BUSINESS WIRE)--AIRO Group Holdings, Inc. (Nasdaq: AIRO), a next-generation aerospace and defense company, today announced the successful delivery of a major unmanned aircraft systems (UAS) order to a global defense customer. Completed during the second quarter of 2026, the delivery highlights the continued expansion of AIRO’s autonomous systems business.

“Because we build the sensor, the autonomy and the airframe in-house, we control quality, cost and delivery in a way competitors relying on outside suppliers cannot.” - Joe Burns, CEO of AIRO

ShareThe delivery marks another milestone in AIRO’s strategy to expand its portfolio of proprietary technologies, increase the value delivered on each platform, and strengthen its ability to scale production for allied defense customers. Importantly, this significant delivery demonstrates AIRO’s ability to respond rapidly to large-volume customer demand, leveraging the strength of its SkyWatch brand’s supply chain, manufacturing capabilities, and operational execution.

The RQ-35 Heidrun is a battle-proven, fixed-wing UAS that gives soldiers and decision-makers real-time intelligence, surveillance and reconnaissance capabilities. Its onboard mission-centric AI supports detection, recognition and identification, along with customer-specific edge applications.

“Getting proven systems into operators’ hands quickly is what matters most in today’s environment, and this delivery reflects our ability to do exactly that at scale,” said AIRO Executive Chairman Dr. Chirinjeev Kathuria. “As demand for unmanned ISR accelerates across allied forces, our focus is on being the partner that delivers reliable capability when and where it is needed.”

Continuously refined through battlefield feedback and validated in Ukraine, the RQ-35 Heidrun offers up to three hours of endurance, a 50 km operational range, onboard AI processing, electronic warfare-resilient navigation support and a low visual and acoustic profile. The platform is designed for time-sensitive ISTAR, target observation, route reconnaissance and terrain awareness missions.

“This delivery underscores AIRO’s strategy to build and scale advanced unmanned systems that meet the urgent needs of allied defense and security customers,” said Joe Burns, Chief Executive Officer of AIRO. “Because we build the sensor, the autonomy and the airframe in-house, we control quality, cost and delivery in a way competitors relying on outside suppliers cannot. That vertical integration is what let us convert this order into a fielded capability on schedule, and it is how we intend to keep executing against our backlog.”

This major RQ-35 drone delivery demonstrates the continued scaling of AIRO’s unmanned systems production and the growing role of its platforms in allied defense and security operations. The Company remains focused on expanding production capacity, increasing the amount of proprietary technology across its platform, and delivering mission-critical systems that support future growth opportunities across U.S., NATO, and allied markets.

About AIRO Group Holdings, Inc.

AIRO Group Holdings is a next-generation aerospace and defense platform driving innovation across defense and commercial markets. Headquartered in McLean, Va., with operations in the U.S., Canada and Denmark, AIRO combines global reach with deep technical expertise. Through a vertically integrated model, AIRO delivers mission-critical solutions centered on drone platforms, advanced avionics, integrated training capabilities and embedded autonomy.

Forward looking statements

The statements contained in this press release that are not historical facts are forward-looking statements. You can identify forward-looking statements because they contain words such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “intends,” “plans,” “estimates,” or “anticipates,” or similar expressions which concern our strategy, plans, projections or intentions. These forward-looking statements may be included throughout this press release and include, but are not limited to, the expected timing of full-scale production of the RQ-35; AIRO's ability to leverage its existing manufacturing infrastructure and supply chain capabilities; the development, testing, scaling, production, deployment, performance and capabilities of the RQ-35; customer interest in, demand for, market acceptance of and deployment opportunities for the RQ-35 and AIRO's other drone platforms; AIRO’s ability to compete across a broader set of mission requirements and grow its global defense platform; AIRO’s ability to execute its strategic initiatives across U.S., NATO, and allied markets; and other statements that are not historical fact. By their nature, forward-looking statements are not statements of historical fact or guarantees of future performance and are subject to risks, uncertainties, assumptions or changes in circumstances that are difficult to predict or quantify, including those described in the section titled “Risk Factors” in AIRO’s most recent Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission (“SEC”), as well as other filings AIRO may make with the SEC in the future. Forward-looking statements represent AIRO’s management’s beliefs and assumptions only as of the date such statements are made. AIRO undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

More News From AIRO Group Holdings, Inc.
2026-07-16 11:47 25d ago
2026-07-16 06:30 26d ago
3 Hypergrowth Tech Stocks to Load Up On Now
SNDK Sandisk
FMP Stock News
Original source text
The market tends to broadly group stocks into two buckets: growth and value. Growth stocks are those that are growing faster than the market, while value stocks are those that are far cheaper than the market. However, there are several subcategories that investors need to understand. I think the most exciting is hypergrowth, which meets the criteria for a growth stock but is growing so fast that it needs to be analyzed differently.

These stocks can deliver jaw-dropping gains in a short time frame and make for fantastic investments for investors looking for ultimate upside. I've got three stocks that easily fit this category, and each looks poised to soar.

Image source: Getty Images.

Micron and Sandisk I'm grouping Micron (MU 7.72%) and Sandisk (SNDK 8.32%) together because they have very similar investment theses. Both make memory chips, which are vital for nearly every computing device. Micron makes both NAND and DRAM memory, while Sandisk solely makes NAND. Although the applications for each of these memory types are different, both of them are in enormous demand thanks to increased artificial intelligence (AI) data center build-outs.

With the data center build-out not slowing down anytime soon, that will further increase supply pressure on these components. When demand is high and supply is low, commodity prices skyrocket, and that mechanism has pushed Micron's stock far higher during the past few months. But it could easily go even higher.

Today's Change

(

-7.72

%) $

-75.89

Current Price

$

907.23

Micron told investors that it expects the shortage in the memory chip market to persist beyond 2027. That bodes well for its future, and that's reflected in Wall Street's projections.

For fiscal year (FY) 2027 (which ended in June), Wall Street expects Sandisk's revenue to rise 143%. Micron's FY 2026 ends next month, so using FY 2027's projections is valid. Next year, Wall Street expects 81% growth, easily meeting hypergrowth levels.

Despite that, each company's shares trade for a relatively cheap price tag.

SNDK PE Ratio (Forward) data by YCharts

The cheap price tag is the market pricing in skepticism of long-term memory chip prices remaining elevated. However, Micron told investors they can expect high prices for at least another year and a half, which is plenty of time for investors to make major returns with these two stocks.

Nvidia Nvidia (NVDA +0.29%) is the original hypergrowth stock in the AI realm, and it has delivered incredible returns year after year. However, 2026 hasn't been the same, and the stock is up about 13% on the year, well below historical levels. But that doesn't mean Nvidia isn't growing rapidly.

There is a huge demand for Nvidia's GPUs (graphic processing units) and other products. During its last quarter, Nvidia reported 85% revenue growth, and next quarter, Wall Street expects nearly 100% growth. That easily meets the criteria for a hypergrowth stock, and I think there is still major growth ahead.

Nvidia's stock isn't priced all that expensive at about 23 times forward earnings. Plus, there are several impending catalysts, such as its new Rubin chip architecture and increased data center spending. This year, the AI hyperscalers expect to spend about $650 billion on data center capacity increases. Next year, Nvidia estimates that figure could top $1 trillion.

Nvidia likely has information about future orders, so trusting what it says is a pretty safe bet. That makes Nvidia a strong candidate to continue putting up strong results while its revenue rises at a rapid rate, especially considering its size.

I think Nvidia, Micron, and Sandisk are among the most impressive companies available on the market right now, and their growth status will propel their stocks to new heights during the next year or so.
2026-07-16 11:45 25d ago
2026-07-16 05:56 26d ago
Silence Therapeutics (SLN) Moves 7.2% Higher: Will This Strength Last?
SLN Silence Therapeutics
FMP Stock News
Original source text
Silence Therapeutics (SLN) 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.
2026-07-16 11:44 25d ago
2026-07-16 07:00 26d ago
Modine to Host First Quarter Fiscal 2027 Earnings Conference Call on July 30, 2026
MOD Modine Manufacturing
FMP Stock News
Original source text
, /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that it will host a conference call and webcast to discuss its first quarter fiscal year 2027 financial results for the period ended June 30, 2026, on Thursday, July 30, 2026, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Results are scheduled to be released after the market closes on Wednesday, July 29, 2026.

During the call, Modine President and Chief Executive Officer, Neil D. Brinker, and Executive Vice President and Chief Financial Officer, Michael B. (Mick) Lucareli, will review the company's first quarter financial results.

To access the live webcast, including presentation slides, please log on through the investor section of Modine's website at http://www.modine.com at least 10 minutes prior to the start of the event. A replay of the slides and the audio will be available on or after July 30, 2026, on the investor section of Modine's website at http://www.modine.com. An audio only replay will be available through midnight on August 6, 2026, by dialing 877-660-6853 (international replay 201-612-7415) and entering the Conference ID# 13761279. A transcript of the call will be posted to the company's website on or after August 3, 2026.

About Modine
For more than 100 years, Modine has solved the toughest thermal management challenges for mission-critical applications. Our purpose of Engineering a Cleaner, Healthier World™ means we are always evolving our portfolio of technologies to provide the latest heating, cooling, and ventilation solutions. Through the hard work of more than 13,000 employees worldwide, our businesses advance our purpose with systems that improve air quality, reduce energy and water consumption, lower harmful emissions, enable cleaner running vehicles, and use environmentally friendly refrigerants. Modine is a global company headquartered in Racine, Wisconsin (U.S.), with operations in North America, South America, Europe, and Asia. For more information about Modine, visit www.modine.com.

Contact: Kathleen Powers (262) 636-1687 [email protected]

SOURCE Modine
2026-07-16 11:44 25d ago
2026-07-16 07:25 26d ago
FUTU SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Reminds Futu Holdings Limited (FUTU) Investors of Securities Class Action Lawsuit Deadline on August 25, 2026
FUTU Futu Holdings
FMP Stock News
Original source text
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Futu To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Futu between May 24, 2023 and May 27, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - July 16, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Futu Holdings Limited("Futu" or the "Company") (NASDAQ: FUTU) and reminds investors of the August 25, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On May 22, 2026, pre-market, Futu issued a press release allegedly disclosing that it had received a notification letter from the CSRC stating that "certain Futu entities in mainland China and Hong Kong . . . without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China" and that the CSRC "proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million)." The Futu class action lawsuit further alleges that the regulatory authority "proposes to impose a personal fine of RMB1.25 million (approximately USD 183,575) on Mr. LI Hua, the founder and CEO of the Company." On this news, the price of Futu stock fell more than 27%, according to the complaint.

Then, on May 28, 2026, before the market opened, Futu issued a press release reporting financial results for the first quarter of 2026, allegedly including the proposed penalties comprised of "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD] and (ii) imposition of fines of approximately RMB1.38 billion in an aggregate amount of approximately RMB1.85 billion." On this news, the price of Futu stock declined nearly 5%, according to the complaint.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Futu's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Futu Holdings Limited class action, go to www.faruqilaw.com/FUTU or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Futu Holdings Limited Securities Class Action Lawsuit:

What is the Futu Holdings Limited securities fraud lawsuit about?

The lawsuit alleges that Futu misled investors by failing to disclose it was conducting certain securities, public fund sales, and futures businesses in mainland China without required CSRC licenses or approvals. According to the complaint, this exposed the Company to significant regulatory penalties, overstated its financial results, and made its public statements about its business and prospects materially misleading.

Who may be eligible to participate in the lawsuit?

Investors who purchased or otherwise acquired Futu Holdings Limited (NASDAQ: FUTU) securities between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), and suffered losses may be eligible to participate in the securities class action. Eligibility depends on the specific facts of each investor's transactions and losses.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff is the investor appointed by the court to represent the interests of all class members during the litigation. Generally, the investor with the largest financial interest who meets the legal requirements may be selected. Investors seeking appointment must file a motion with the court by the August 25, 2026 deadline through counsel of their choice.

What should investors do if they purchased Futu Holdings Limited stock during the Class Period?

Investors who purchased Futu securities during the Class Period should review their investment records, preserve relevant documents, and consider contacting counsel to understand their legal rights. Those interested in serving as lead plaintiff must act before the August 25, 2026 deadline, while investors who do not seek that role may still remain eligible to share in any potential recovery.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Futu Holdings Limited securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305334

Source: Faruqi & Faruqi LLP

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2026-07-16 11:43 25d ago
2026-07-16 11:40 25d ago
TSMC: Trh ignoruje silné výsledky a trestá vyšší kapitálové investice Patria Stock News
Original source text
Společnost TSMC (Watchlist) dnes zveřejnila velmi silná čísla za 2Q26, která potvrzují, že současný cyklus poptávky po čipech pro umělou inteligenci stále více připomíná strukturální změnu v celém polovodičovém odvětví.

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2026-07-16 11:40 25d ago
2026-07-16 05:00 26d ago
This Renowned Investor Sees 80% Downside in SpaceX Stock. Is He Right?
SPCX SpaceX
FMP Stock News
Original source text
Renowned investor George Noble didn't mince words when it came to Space Exploration Technologies (SPCX 0.59%), saying that its initial public offering (IPO) was "built to separate retail investors from their money." Noble, who ran Fidelity's first international fund, estimates the stock has a fair value of about $30; that would mean about 80% downside as of this writing. Although I don't think the stock will fall to those levels, I do agree that SpaceX is extremely overvalued, and I would stay away from its shares.

Noble noted that SpaceX's early gains were largely a "manufactured squeeze," made possible by the company selling less than 5% of its shares and then getting the popular Nasdaq-100 index to rewrite its rules to include it early, without meeting normal requirements. He added that the IPO was one of the largest wealth transfers ever packaged into a fanciful story, and that the impending lock-ups, letting early investors sell shares, would be a catalyst to drive down the stock price.

Calling Starlink a "wonderful business" worth hundreds of billions of dollars, Noble said that it was the only part of SpaceX's story that wasn't science fiction, but that it was worth much less than $2 trillion, roughly SpaceX's current market value. He finished up by saying, "This is the most grossly overpriced stock at scale that I have ever seen."

Today's Change

(

-0.59

%) $

-0.81

Current Price

$

135.27

A stock valued on hopes, dreams, and unrealistic expectations SpaceX's satellite internet business, Starlink, is currently the company's only profitable operation. I agree with Noble that Starlink is a nice business, but worth nowhere near $2 trillion. It can offer internet services to airlines, and provide gap coverage to mobile providers in remote areas. However, Starlink is unlikely to become a full-fledged mobile operator without actually buying one.

There are technical and regulatory hurdles; one of the biggest is that satellite internet doesn't work well in modern office buildings, because of their construction. The service would also be overwhelmed in large cities and suburban areas. That means that Starlink is a nice business, but not one that will take over the world by any stretch.

One of SpaceX's big ambitions is to build data centers in space, which Elon Musk recently said could happen next year. It won't. Once again, the technology is not there for this to happen within the next year. Chips need to be developed that will not be compromised by cosmic radiation, and systems need to be developed that could handle cooling artificial intelligence (AI) infrastructure in the vacuum of space.

Other proposed businesses, like asteroid mining and terrestrial cargo transportation, also face obstacles. The extraction tools for mass asteroid mining still need to be developed, and the economics are uncertain, as bringing mass quantities of a raw material to Earth could crash those markets. Meanwhile, one-hour cargo journeys here on Earth would face safety, regulatory, and infrastructure hurdles -- and would likely require cooperation between the U.S. and China to make them feasible, a prospect that seems unlikely anytime soon.

Many of SpaceX's ambitions also center around the Starship initiative, the company's huge next-generation reusable rocket platform. Starship's 13th test flight is scheduled for July 16, but the rocket is not planned to reach full Earth orbit, and whether the company can recover both stages remains unclear.

Image source: The Motley Fool.

If Elon Musk had a history of underpromising and overdelivering, it would be easy to see why investors would be excited about SpaceX stock, but the opposite is true. Musk's stated deadlines for projects such as colonizing Mars, a hyperloop connecting Los Angeles to San Francisco, Tesla's Optimus robots, and Tesla's autonomous-driving and robotaxi services have all been badly missed. In fact, an analysis by The New York Times tracking over 600 of his public predictions and commitments found that fewer than 20% were delivered on schedule.

For a growth stock whose price is solely based on the future, that's not the track record I'd want to see. Investors will likely keep the stock price higher than it should be, but I still wouldn't want to buy into it right now.
2026-07-16 11:40 25d ago
2026-07-16 05:03 26d ago
Space startup funding holds near record highs as SpaceX IPO draws new investors
SPCX SpaceX
FMP Stock News
Original source text
Starship 40 rolls out of the SpaceX production facility toward the launch pad as preparations continue for the 13th test flight of the Starship spacecraft and the Super Heavy v3 booster in... Purchase Licensing Rights, opens new tab Read more

SummaryCompaniesSpace startups raised about $7.5 billion across 141 venture deals in Q2Investors are watching whether Blue Origin raises about $10 billion, Seraphim Space saidSpaceX listing drew investors beyond specialist funds ​into the sectorJuly 16 (Reuters) - Global investment in space startups was near ‌record levels in the second quarter, buoyed by investor enthusiasm following SpaceX's (SPCX.O), opens new tab nearly $86 billion initial public offering, according to a Seraphim Space report on Thursday.

The landmark listing has broadened investor interest beyond traditional ​space-focused funds, reinforcing the industry's emergence as a mainstream asset class.

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It has also ​supported larger financing rounds for companies developing launch systems, satellite networks, defense ⁠technologies and other orbital infrastructure.

"We've seen a clear increase in investor interest over the ​past year, which has been supported by the SpaceX IPO, but also reflects broader investor recognition ​of the commercial maturity of the sector," said Lucas Bishop, investment analyst at the British investment firm.

"We are seeing increased inbound from investors with limited or no prior space exposure, who are now looking ​to build positions in the category."

While Bishop said the first half of 2026 represented an ​exceptional period for fundraising and quarterly totals may fluctuate, he said the industry's underlying investment drivers remained ‌strong.

Investors ⁠said interest was also increasingly focused on companies serving defense and national security customers, as well as businesses developing in-space computing capabilities, reflecting expectations that governments and commercial customers will boost spending in those areas.

Space companies raised about $7.5 billion across 141 venture funding deals ​in the second quarter, ​compared with a record $8 ⁠billion across 159 deals in the previous quarter.

"We are now seeing investors put more money into larger funding rounds for established space ​businesses. That will mean there's more capital for companies that have ​already proved ⁠their technology works, that there's clear demand, and that now's the time to scale," said Felix von Schubert, executive partner at NewSpace Capital.

Investors will be watching whether Jeff Bezos' Blue Origin ⁠completes ​its reported plan to raise about $10 billion.

The transaction could become ​among the largest private fundraises in the sector's history and extend one of the strongest periods of capital formation ​the commercial space industry has seen.

Reporting by Akash Sriram in Bengaluru; Editing by Shreya Biswas

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

Akash reports on technology companies in the United States, electric vehicle companies, and the space industry. His reporting usually appears in the Autos & Transportation and Technology sections. He has a postgraduate degree in Conflict, Development, and Security from the University of Leeds. Akash's interests include music, football (soccer), and Formula 1.
2026-07-16 11:40 25d ago
2026-07-16 05:42 26d ago
Here's how much SpaceX stock crashed below its IPO price
SPCX SpaceX
FMP Stock News
Original source text
SpaceX  (NASDAQ: SPCX) stock fell below its initial public offering (IPO) price of $135 for the first time on Wednesday, July 15. 

The stock dropped as low as $132.28 during the session as investors reassessed the company’s valuation, before it recovered slightly to close at $135.27. 

At the current price, SpaceX shares are more or less back at the IPO price. However, they are down roughly 16% from their closing price of $160 on June 12, when the space company went public, and about 36% from the record price of around $211 on June 16.

Now, the company has a market cap of $1.78 trillion, marking a notable retreat from the $2.9 trillion recorded just four days after the IPO.

SpaceX stock price chart (1M). Source: Finbold SpaceX stock price continues to decline The decline highlights how quickly investor enthusiasm can fade, even for a company backed by Elon Musk and involved with key growth narratives such as artificial intelligence (AI). Primarily, the selloff comes as investors reassess SpaceX’s valuation and financial outlook as the first earnings date in August draws near.

Among the key concerns is SpaceX’s $4.9 billion net loss in 2025 as heavy investment in AI infrastructure and Starship development weighed on its bottom line. The stock’s inclusion in the NASDAQ 100 failed to reverse the decline, with shares down about 13% since joining the index. 

Analysts expect SpaceX’s revenue to reach between $34 billion and $43 billion this year (versus $18.7 billion in 2025), supported by continued Starlink subscriber growth and expanding AI computing contracts.

However, investors are also preparing for a potential increase in selling pressure in late 2026. Notably, insider share unlocks expected after the company reports its second-quarter results in August could significantly increase the public float, allowing eligible employees and early investors to sell portions of their holdings.

Still, SpaceX remains among the top ten largest publicly traded companies in the world. 

Featured image via Shutterstock

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2026-07-16 11:39 25d ago
2026-07-16 05:54 26d ago
Meta: My Concerns Have Finally Alleviated (Rating Upgrade)
FB Meta Platforms
FMP Stock News
Original source text
I am upgrading Meta Platforms to a buy, driven by its entry into the cloud business and alleviated concerns over excess compute monetization. META's cloud initiative is expected to stabilize cash flow, enhance profitability, and position META competitively against neo-clouds and hyperscalers. Despite heavy CAPEX, META maintains double-digit FCF margins, superior operational efficiency, and trades at a discount to peers on FCF multiples.
2026-07-16 11:39 25d ago
2026-07-16 06:02 26d ago
Meta Oversight Board finds top AI models less likely to criticize repressive regimes
FB Meta Platforms
FMP Stock News
Original source text
The artificial intelligence AI acronym at the 10th edition of the VivaTech technology startups and innovation fair in Paris, France, June 18, 2026. REUTERS/Gonzalo Fuentes/File Photo Purchase Licensing Rights, opens new tab

CompaniesJuly 16 (Reuters) - AI models from leading labs including Anthropic and OpenAI are much less likely to criticize governments known ​for restricting free speech, Meta's (META.O), opens new tab Oversight Board said ‌on Thursday.

A study, the first on large language models by the body, showed AI services were echoing the rules of countries that restrict ​speech and that bias could creep into services used ​by an increasing number of users.

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The board, which is funded ⁠by Meta but operates independently, ran requests for politically critical ​content on 10 jurisdictions across 10 models, including those ​from Meta Platforms, Google (GOOGL.O), opens new tab and China's DeepSeek.

The jurisdictions were split into "permissive" and "restrictive" categories using rankings from Freedom House, the NGO that publishes ​the annual "Freedom in the World" report.

AI models refused 34% ​of requests for politically critical content about "restrictive" jurisdictions that have active laws ‌penalizing ⁠such criticism, such as China and Saudi Arabia, compared with 14% for regions that either lack such laws or do not enforce them, the study found.

"We also saw ​evidence of models ​explaining that ⁠they were following explicit rules that, as far as we could tell, did not ​exist and were not evenly applied," the ​board said.

It ⁠also urged AI companies to conduct systematic human rights analyses and asked for greater transparency in their training and ⁠evaluation ​processes.

On Tuesday, Google DeepMind CEO Demis ​Hassabis called for a U.S.-led AI watchdog, opens new tab to screen advanced models globally before ​deployment.

Reporting by Jaspreet Singh in Bengaluru; Editing by Jonathan Ananda

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-07-16 11:39 25d ago
2026-07-16 07:00 26d ago
Meta now alerts parents if their teen discussed suicide or self-harm with its AI chatbot
FB Meta Platforms
FMP Stock News
Original source text
Meta announced on Thursday that it will now notify parents if their teen discusses suicide or self-harm with the company's Meta AI chatbot. Meta says it's also working on the ability to contact emergency services if someone's conversations suggest they may be at risk of self-harm.
2026-07-16 11:39 25d ago
2026-07-16 06:07 26d ago
Traders cool on Tesla-SpaceX merger as Polymarket odds slide
TSLA Tesla
FMP Stock News
Original source text
Traders on Polymarket have sharply scaled back bets that a Tesla-SpaceX merger will be announced this year, even as Wall Street analysts insist a tie-up is only a matter of time.

The prediction market now puts just an 11% chance on an official announcement by 30 September, down 28 percentage points, while the odds of a deal being unveiled by 31 December have fallen 19 points to 24%.

More than $836,000 has been wagered across the market, which resolves yes if either company announces it is being acquired by or merged with the other, regardless of whether the deal completes.

The retreat contrasts with bullish calls from analysts, with Wedbush's Dan Ives putting the odds of a Tesla-SpaceX tie-up at about 80% and arguing the connective tissue between the companies is already forming.

Speculation intensified after SpaceX's $85.7 billion initial public offering, which created a company now valued at around $2.44 trillion with $100.8 billion in cash.

SpaceX president Gwynne Shotwell declined to dismiss the idea when asked directly in June, suggesting a tie-up might make Elon Musk's life a little easier.

Musk has exercised 304 million Tesla options, lifting his voting stake to 19.9% as he targets the 25% control he says is needed to advance the carmaker's AI ambitions.

The two companies already share extensive commercial ties, including joint ownership of the Terafab chip facility, and SpaceX bought $697 million of Tesla's Megapack battery systems in 2024 and 2025.

Musk has form for consolidation, having folded social media platform X into xAI in 2025 before SpaceX acquired xAI in an all-stock deal this year.

Musk himself has acknowledged the complexity, telling analysts that any deal would have to make sure Tesla shareholders are served and SpaceX shareholders are served.
2026-07-16 11:39 25d ago
2026-07-16 07:20 26d ago
Tesla's Delivery Surprise Was Big—Earnings Need to Be Bigger
TSLA Tesla
FMP Stock News
Original source text
Tesla Today

$394.35 -1.83 (-0.46%)

As of 07/15/2026 04:00 PM Eastern

52-Week Range$297.82▼

$498.83P/E Ratio361.79

Price Target$408.07

Tesla Inc. NASDAQ: TSLA shares have been consolidating ahead of the company's July 22 Q2 earnings report, with the stock's recent range continuing to narrow. That kind of price-action tightening is often a sign that the market is firmly in wait-and-see mode.

However, Tesla recently delivered a surprisingly strong data point that might just swing the balance in favor of the bulls. Earlier this month, the company reported record quarterly deliveries of 480,126 vehicles, beating consensus estimates by 18%. Just as importantly, deliveries outpaced production, a sign that inventory levels are healthy heading into the report rather than being propped up by discounting or channel stuffing.

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On paper, that's exactly the kind of headline that should silence at least some of the critics who’ve been questioning demand, worrying about Chinese competition, and flagging a valuation that leaves little room for disappointment.

The real question is whether it could actually translate into the kind of knockout earnings report that proves the bears wrong and gets the stock turning north again.

Its EV Business Has Some Life Left YetIt's worth noting that this delivery beat has arrived just as Tesla's core EV business has been looking its most vulnerable. Slowing growth, mounting competition, and questions over demand had combined to leave its established car business looking increasingly tired in recent months.

And while much of the investor focus has indeed shifted to other parts of the business, this latest number is the clearest sign yet that there might be some juice left in its EV business.

What makes that all the more compelling is that the stock hasn't really moved to reflect that shift. Deliveries beating estimates by roughly 18% is the kind of print that would usually spark a meaningful jump in shares. Instead, they’ve barely budged, which suggests the market either hasn't fully absorbed the news or remains too nervous to commit ahead of the report.

Why Margins Could Actually Matter MoreFor all the enthusiasm around the delivery beat, the real swing factor for the July 22 report could be the company’s gross margin. Deliveries can tell investors how many cars Tesla sold, but the margins tell them how profitably it sold them, and that's ultimately the number the market cares most about.

Gross margin deterioration has been flagged repeatedly as one of the company’s primary headwinds, and for good reason. Tesla has leaned on price cuts and incentives at various points over the past few years to keep volumes moving. If that dynamic shows up again in the Q2 numbers, it could easily offset the goodwill generated by the delivery beat.

The AI and Robotics Story Adds Another LayerFor those tempted to lean into the potential upside surprise in the Q2 earnings report, several other factors support the bull case. Beyond the core automotive business, Tesla's non-EV ambitions have been quietly gathering momentum, and they are likely to feature heavily in how investors judge the update.

The ongoing rollout of its robotaxi service is a good example, with Tesla recently expanding the offering to Miami. Its energy storage business has also been climbing steadily, emerging as an additional high-margin growth engine in its own right.

Add in the continued progress on its Full Self-Driving and Optimus initiatives, and the picture that emerges is of a company whose growth story no longer rests solely on vehicle sales. For a stock that's often been valued as much for its future potential as for its present-day earnings, that broadening base of momentum gives the bulls plenty to point to heading into the earnings report.

Sizing Up the OpportunityTesla Stock Forecast Today12-Month Stock Price Forecast:
$408.07
3.48% Upside

Hold
Based on 46 Analyst Ratings

Current Price$394.35High Forecast$600.00Average Forecast$408.07Low Forecast$25.28Tesla Stock Forecast Details

For those currently watching from the wings, the reality remains that Tesla is a famously divisive ticker, a sentiment that hasn't shifted despite the recent delivery strength. Wall Street's overall consensus rating remains a Hold, underscoring the split. Wells Fargo reiterated its Underweight rating, while other analysts have continued to focus on Tesla's long-term AI and robotics potential.

It’s this kind of divergence that places so much weight on the earnings call. If Tesla can pair healthy margins with some genuinely bullish updates to its newer growth engines, it should be enough to swing the narrative firmly back toward the bulls.

However, should those numbers miss the mark, the long-standing questions about its premium valuation will likely linger, regardless of how many cars were delivered last quarter. Either way, the coming days should finally offer some clarity on which side of the argument has been getting it right.

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2026-07-16 11:39 25d ago
2026-07-16 04:45 26d ago
The 1 AI Stock I'd Buy With $500 Right Now. And It's Not Even Close
GOOGL Alphabet
FMP Stock News
Original source text
There are plenty of artificial intelligence (AI) stocks to choose from these days, and many of them have very impressive returns. But if I had $500 to put toward just one AI stock right now, it would have to be Alphabet (GOOGL +3.15%) (GOOG +3.57%).

It might not seem like the obvious choice, considering that some AI stocks, like Micron Technology and Advanced Micro Devices, are up 674% and 280%, respectively, over the past 12 months. Meanwhile, Alphabet has gained about 98%.

Here's why I'd put my money on Alphabet right now.

Image source: Alphabet.

Alphabet can benefit from long-term AI opportunities Unlike AI hardware companies, Alphabet is a software-and-services play, which gives it the potential to continue benefiting even after the initial AI infrastructure boom has cooled. For example, Alphabet's Google Gemini chatbot already has 900 million users and is firmly integrated into Google's ecosystem of services and software, including Android, Google Workspace, Search, YouTube, and other services.

This means that for years to come, hundreds of millions of users will use Google Gemini as their AI service, even after the semiconductor boom has faded. What's more, the company is already benefiting from AI, with sales in its Google Cloud segment (which houses AI revenue) rising 63% to $20 billion in Q1 2026.

Additionally, Apple is reportedly paying Google $1 billion annually for use of Gemini in the new version of its Siri AI. It seems Apple has picked its AI horse to bet on, which could lead to long-term AI sales for Alphabet and give it an edge over other chatbots from OpenAI and Anthropic.

All of the above give Alphabet many opportunities to upsell users to more AI features, potentially generate more AI revenue from the Apple deal, and add more cloud revenue through additional artificial intelligence services.

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Alphabet is highly profitable, and its shares are relatively cheap Another important reason why I'd choose Alphabet as my top AI stock right now is that it is very profitable -- earnings jumped 82% year over year to $5.11 per share in Q1 2026 -- and the company had more than $10 billion in free cash flow in the quarter.

I can't ignore that Alphabet is spending a lot of money on AI infrastructure -- up to $190 billion this year alone. But its profits and strong free cash flow position mean investors don't need to be overly concerned about the company's financial picture. The company's spending will likely eventually slow down once enough AI infrastructure is in place.

Just as impressive is that, even with Alphabet in a leading position in AI, with plenty of cash and profitability, the company's shares are reasonably priced right now. Alphabet stock has a price-to-earnings (P/E) ratio of just 27, well below the average P/E ratio of 34.

When you add it all up, I think it's a pretty solid case for putting $500 (or more) toward Alphabet right now. It might not be the highest-flying stock, but I think it has the potential to go the furthest.
2026-07-16 11:39 25d ago
2026-07-16 05:06 26d ago
Warren Buffett's Successor, Greg Abel, Scooped Up Shares of These 4 Powerhouse Stocks in the Second Quarter
GOOGL Alphabet
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Original source text
Few events are more exciting for investors than the quarterly filing of Form 13Fs with regulators. A 13F is a required filing for money managers overseeing at least $100 million in assets. Although 13F filings detailing second-quarter trading activity aren't due until Aug. 14, investors tracking Berkshire Hathaway (BRKA 0.52%)(BRKB 0.56%) don't have to wait that long to determine which stocks Warren Buffett's successor, Greg Abel, has been buying.

Thanks to several other regulatory filings, we know that Abel scooped up shares of four powerhouse stocks in the second quarter: Alphabet (GOOGL +3.15%)(GOOG +3.57%), Mitsubishi (MTSUY +0.57%), Marubeni (MARUY +2.78%), and Sumitomo (SSUMY +0.00%).

Warren Buffett's retirement means that Greg Abel now oversees Berkshire Hathaway's investment portfolio. Image source: The Motley Fool.

Buffett's protégé piled into a virtual monopoly It's no secret that Google parent Alphabet is a favorite of Berkshire Hathaway's new boss. During the March-ended quarter, Berkshire's 13F shows that 36,403,656 Class A shares (GOOGL) and 3,585,215 Class C shares (GOOG) were purchased.

But on June 1, Alphabet announced plans to raise $80 billion (which it later upped to $84.75 billion) through an equity offering to fund its artificial intelligence (AI) data center build-out. Berkshire agreed to buy $10 billion ($5 billion of each share class) via a private placement. Although Berkshire hasn't confirmed that this private placement was completed, it likely closed before the end of the quarter.

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Alphabet provides the sustainable moat that Berkshire's current and former bosses appreciate. Google holds a virtual monopoly on global internet search traffic, with a 91% share as of June 2026, according to GlobalStats. It's also the parent of streaming platform YouTube, the second-most-visited social site on the planet. Between Google and YouTube, Alphabet sports exceptional ad pricing power.

However, Alphabet's growth story is all about cloud infrastructure services platform, Google Cloud, and its integration of generative AI and large language model solutions. During the first quarter, Google Cloud's sales skyrocketed 63%, which is noteworthy given that cloud margins are considerably higher than ad margins.

Image source: Getty Images.

Abel's fascination with Japan's trading houses continues Prior to Warren Buffett's retirement as Berkshire Hathaway's CEO, he penned an annual letter to shareholders where he outlined eight stocks that he believed were "indefinite" holdings. Among them were all five members of the sogo shosha (i.e., Japan's trading houses): Mitsubishi, Marubeni, Sumitomo, Itochu, and Mitsui.

Abel played an instrumental role in facilitating Berkshire's initial investments in the sogo shosha, which began in the summer of 2019 and were first made public in August 2020. Since Buffett's retirement, Abel has continued to hike his company's stake in these broad-reaching companies, with purchases of Mitsubishi, Marubeni, and Sumitomo reported by Japanese regulators between April 30 and May 12.

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Arguably, the most attractive aspect of Japan's five trading houses is their valuations. Amid the backdrop of the second-priciest stock market in U.S. history, Mitsubishi, Marubeni, and Sumitomo are trading at 21, 15, and 13 times trailing 12-month earnings per share, respectively.

Furthermore, Japan's trading houses are known for robust capital-return programs, including dividends and share buybacks, as well as modest executive compensation packages. The shareholder-first, long-term ethos of the sogo shosha aligns with the philosophies of Warren Buffett and his successor.
2026-07-16 11:39 25d ago
2026-07-16 07:02 26d ago
Warren Buffett Says He Now Likes “Four or Five” Businesses Berkshire Owns More than Alphabet. What Are They?
GOOGL Alphabet
FMP Stock News
Original source text
Warren Buffett rarely offers reservations about a $2 trillion tech giant. That's why his commentary on CNBC on July 15, 2026 caught our attention.
2026-07-16 11:38 25d ago
2026-07-16 04:20 26d ago
Investors Are Growing Wary of AI-Related Debt
MSFT Microsoft
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Hyperscalers -- the giant AI companies now racing to build AI data centers as quickly as possible -- have been issuing reams of corporate debt over the past year to fund their efforts.

Morgan Stanley estimates that AI-related global debt issuance totaled $236 billion as of May 31 -- 4 times as much as one year prior. And the investment bank expects AI bond issuance to grow to $570 billion by the end of 2026.

Just four companies, Meta Platforms (META +3.06%), Alphabet (GOOGL +3.15%)(GOOG +3.57%), Amazon (AMZN +2.97%), and Microsoft (MSFT +2.70%), are expected to spend a total $700 billion on capex this year, with most of it going toward AI-related outlays, and the forecasts suggest that over the next few years, such spending is only going increase. Such companies have long relied on strong cash flows to cover their capital investment needs, but the sheer scale of the AI data center build-out has sent the hyperscalers to the bond market for funding.

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At first, investors rushed to snap up the bonds issued by these companies. But they're rapidly losing their appetite for all this AI-related debt.

Demand for hyperscaler debt is waning How do we know?

Well, cover ratios -- the ratio of asset demand to supply -- for hyperscaler bonds have decreased markedly this year, from 5x in February to just 2x in July. That's according to Apollo Global Management. That suggests that if these AI companies want to keep borrowing via bond issuance, they're going to have to pay higher rates on the bonds they issue, Apollo says.

Image source: Getty Images.

That's not the only AI debt investors are growing tired of. I recently wrote about the debt issued by Elon Musk's Space Exploration Technologies (SPCX 0.61%), better known as SpaceX, which went public in June. Investors were eager to get their hands on SpaceX stock, bidding it briefly up to more than $225 in the first couple of days, far above its opening trading price of $150. As of the close of trading Wednesday, the stock had fallen back to $135.27 -- just a hair above its IPO price.

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Bond investors have been much more skeptical of SpaceX. The company's bonds were recently trading at an average 1.62-percentage-point premium over Treasuries, a credit spread that puts them in the BB category, which is technically non-investment grade, also known as "high-yield" or "junk" bonds. SpaceX carries a whopping $29 billion in long-term debt.

For all of these companies, the trends in bond prices, demand, and spreads may be an early warning signal to equity investors. That's because bond investors tend to prioritize capital preservation and cash flow, so changes in bond prices and demand can indicate shifts in a company's financial health before they appear in the stock market.

Of course, the AI revolution is still young, and these massive AI investments, while still a bit speculative, could certainly pay off in a big way. But investors in hyperscaler stocks would do well to keep an eye on the bond market, too.
2026-07-16 11:38 25d ago
2026-07-16 06:17 26d ago
MSFT Fraud Notice: Microsoft Investors are Reminded to Contact BFA Law about the Filed Securities Fraud Class Action Lawsuit to Recover Investment Losses
MSFT Microsoft
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Original source text
NEW YORK--(BUSINESS WIRE)---- $MSFT #BFA--Microsoft Investors are Reminded to Contact BFA Law about the Filed Securities Fraud Class Action Lawsuit to Recover Investment Losses.
2026-07-16 11:38 25d ago
2026-07-16 07:17 26d ago
Microsoft: The Inflection Point May Finally Be Here
MSFT Microsoft
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Original source text
HomeStock IdeasLong IdeasTech 

SummaryMicrosoft (MSFT) trades at a rare discount, down 30% from its high, despite robust ≈17% EPS growth and sector-wide SaaS weakness.I see the market mispricing MSFT’s AI integration; Office 365 remains entrenched while Copilot and Claude enhance, not disrupt, its software stack.Azure’s 40% YoY growth is capacity-constrained, but management expects these limits to resolve by end-FY26, potentially accelerating growth into FY27.MSFT’s current 23.45x P/E is below historical averages, offering higher-than-average EPS growth at a compelling valuation; I’m accumulating aggressively. Hwangdaesung/iStock via Getty Images

Microsoft (MSFT) currently trades at $395/share, not too far from its 52-week low of $350/share. The stock is down roughly 30% from its all-time high of $555/share from autumn of last year. For a blue-chip firm, like Microsoft is, a decline of 1/3

9.96K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of MSFT, NOW, PLTR, CNSWF either through stock ownership, options, or other derivatives. 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.
2026-07-16 11:38 25d ago
2026-07-16 07:26 26d ago
AMD stock sinks again despite bullish calls: what is spooking investors?
AMD AMD
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Original source text
Advanced Micro Devices stock (NASDAQ: AMD) was heading for a second straight decline on Thursday despite bullish Wall Street research.

AMD fell about 3.2% to $513 in premarket trading after dropping 3.5% on Wednesday, putting the stock on course for a two-session fall of about 6%.

The weakness reflected a wider retreat from semiconductor stocks and concern that AMD’s elevated valuation leaves little room for delays in its ambitious AI roadmap.

The Philadelphia Semiconductor Index fell 2.6% on Wednesday and ended about 16.5% below its June 22 high.

The Roundhill Memory ETF dropped roughly 7%, extending its decline from the recent peak to around 30%.

Those moves suggest investors are reducing exposure across the AI-hardware trade rather than responding only to AMD.

TSMC’s decision to raise capital spending after record earnings also revived questions about whether the industry is building capacity faster than customers can eventually monetise it.

Semiconductor shares delivered enormous gains in 2026 as chip shortages, rising prices and artificial-intelligence investment drove earnings forecasts higher.

That success has made the group vulnerable whenever investors question how long that growth can continue.

As per market data, the semiconductor index remained sharply higher for the year even after its July correction, while short interest and exchange-traded fund outflows had risen.

Alexander Lis, chief investment officer at SD Ventures, cautioned that target increases may partly reflect share-price momentum rather than guarantee future returns.

Rosenblatt Securities analyst Kevin Cassidy raised his AMD target to $665 from $490 and retained a Buy rating.

“We recommend owning AMD shares into the earnings report,” Cassidy said, according to TipRanks, citing EPYC server strength and AMD’s advantage following delays to Intel’s Diamond Rapids product.

UBS analyst Timothy Arcuri lifted his target to $700 from $670 and kept a Buy rating.

In a note reported, Arcuri said AMD’s July 22-23 AI event should highlight durable CPU and GPU roadmaps, possible partnerships and a broader data-centre market, while supply-chain checks remained supportive.

KeyBanc analyst John Vinh made the most aggressive call, raising his target to $725 from $530.

Vinh expects AMD’s AI GPU revenue to rise from $16.8 billion in 2026 to $48.5 billion in 2027 as additional server-processor capacity and the MI455 and Helios ramps support growth.

William Blair analyst Sebastien Naji provides the clearest explanation for the sell-off.

He initiated coverage at Market Perform, warning that AMD’s rally had left the shares “priced at a premium to peers with little room for error.”

Naji estimated AMD was trading at 33 times 2027 earnings.

He also questioned how long server-CPU share gains can continue as Arm-based processors, Qualcomm, Nvidia and a recovering Intel increase competition.

In accelerators, AMD must still prove it can take durable share from Nvidia while hyperscalers develop their own chips.

Performance remains strong as first-quarter revenue rose 38% to $10.3 billion, while Data Center revenue jumped 57% to $5.8 billion.

AMD guided for second-quarter revenue of approximately $11.2 billion.

The concern is therefore not weak demand today, but how much success the valuation already assumes.
2026-07-16 11:37 25d ago
2026-07-16 07:05 26d ago
Why the Mag 7 Stocks Can Save the Stock Market Rally
NVDA Nvidia
FMP Stock News
Original source text
Chinese rival to Micron could shake up the chip market, U.S. will put 25% tariff on some Brazilian goods, United Airlines raises full-year guidance, and more news to start your day.
2026-07-16 11:37 25d ago
2026-07-16 07:15 26d ago
Nvidia unveils new AI model and expands Japan's physical AI ecosystem
NVDA Nvidia
FMP Stock News
Original source text
Nvidia unveiled a new AI model for robots and vision AI agents on Wednesday, deepening its push into the physical AI market in Japan.

The company's new model, Cosmos 3 Edge, is a so-called world model, designed to help systems perceive and navigate physical environments in real time. Cosmos 3 edge is a World models are systems that can learn from a wider range of inputs compared to large language models (LLMs). The rollout follows the launch of Cosmos 3 in May.

The regional expansion takes center stage during CEO Jensen Huang's two-day visit to Japan, where the Silicon Valley chip giant is expanding its physical AI footprint by forming a coalition that local industrial giants, including Fujitsu, Hitachi, and Kawasaki Heavy Industries, intend to join, according to Nvidia.

"The next frontier of AI is in the physical world, and this is a once-in-a-generation opportunity for Japan," Nvidia CEO Jensen Huang said in a Wednesday statement. "Japan invented modern manufacturing. Now, it has the opportunity to reinvent it for the age of intelligent industries." 

The tech giant's partnership with Japanese firms comes just months after Microsoft's $10 billion investment in the country, which aims to build out AI infrastructure and beef up cybersecurity. Japanese investment giant SoftBank has bet heavily on the boom in AI. It's looking to partner with Microsoft and Sakura Internet to develop AI in Japan.

Japan's AI market is expected to reach $27.9 billion by 2029, opening doors for U.S. firms to invest, according to the International Trade Administration. This growth is driven by Tokyo's active push to promote AI adoption across industries, coupled with the eagerness of local firms to forge international partnerships.

Ajay Rajadhyaksha, global chairman of research at Barclays, told CNBC last month that the country holds an advantage in Asia, driven by its diverse AI and clean structural growth stories.

Nvidia's partnership pushNvidia is also aggressively expanding its AI footprint into Japan's healthcare and biotechnology sectors by extending its reach into agentic AI for advanced sciences through new drug discovery and medical robotics initiatives.

When it comes to agentic AI, Nvidia highlighted the ongoing expansion of Tokyo-1, the AI drug discovery consortium operated by Xeureka, a Mitsui subsidiary. The platform, which has steadily grown since its initial announcement in 2023, is powered by the Nvidia BioNeMo Agent Toolkit, a platform for accelerating autonomous AI drug discovery.

Japan's pharmaceutical heavyweights are already scaling their involvement. Major drugmakers, including Astellas Pharma Inc, Daiichi Sankyo, and Ono Pharmaceutical are utilizing Nvidia's specialized biology toolkit to streamline their workflows, the U.S. company said in a blog post.

Beyond biotech, Nvidia said it is making inroads into industrial automation through a partnership with Kawasaki Heavy Industries.
2026-07-16 11:37 25d ago
2026-07-16 07:00 26d ago
AT&T Connects Fans to the Moments Defining Sports Culture at Fanatics Fest NYC
T AT&T
FMP Stock News
Original source text
AT&T is helping fans compete, collect, and connect through experiences built around the passions, personalities, and moments driving modern fandom.

Key Takeaways:

Game on. Hosted by Nate Burleson, the AT&T Connection Cup gives fans the chance to compete in fan and celebrity matchups for exclusive memorabilia, Fanatics FanCash, and ultimate bragging rights. Celebrity appearances. Fourteen athletes and celebrity captains will join special Connection Cup competitions throughout the weekend, drafting everyday fans onto their squad to battle it out on the floor.  VIP treatment. Eligible AT&T customers receive exclusive access to the AT&T Customer Lounge with charging stations, limited-edition merch drops, complimentary Screen Skinz, and more. Network powered by AT&T. From pack rips to grail pulls, AT&T is keeping fans connected across Fanatics Fest NYC. , /PRNewswire/ -- AT&T is bringing fans into the moments that shape sports culture at Fanatics Fest NYC. Taking over Javits Center July 16-19, AT&T is creating new ways for fans to play, collect, and connect through immersive experiences, celebrity moments, and exclusive customer benefits. And behind every pack rip, card trade, and pull is the AT&T network making it all possible.

"Fanatics Fest is where the biggest personalities, stories, and viral moments in sports come to life," said Kellyn Smith Kenny, chief marketing & growth officer at AT&T. "From headline-making reveals to unforgettable fan experiences, sports culture moves in real time. AT&T is proud to keep fans connected to the moments everyone is talking about as they happen."

Bringing Fans into the Action
At the center of AT&T's on-site experience is the AT&T Connection Cup, a live fan competition hosted by studio host-analyst Nate Burleson that puts sports knowledge, fandom, and on-the-spot skills to the test. Throughout all four days of Fanatics Fest, attendees will have opportunities to compete in both fan-only and celebrity-led versions of the Connection Cup for prizes, exclusive memorabilia, and bragging rights. Eligible AT&T customers will receive priority access for participation across all Connection Cup experiences.

"Hosting the AT&T Connection Cup means I get to pull fans out of the crowd and put them on the mic, in the game, and shoulder-to-shoulder with the celebrity captains they came to see," said Nate Burleson, Emmy Award winning studio host-analyst and media personality. "And with the power of AT&T's connection, those fan moments will travel far beyond the floor."

Fourteen athletes and celebrity captains will face off two at a time, drafting fans onto their squads to battle through sports trivia, memorabilia challenges and unexpected physical competitions. Expect dynamic duos, on-court rivals turned weekend frenemies and pairings fans didn't see coming including Nikki and Brie Bella, Amon-Ra St. Brown and Jahmyr Gibbs, Alex Morgan and Candace Parker, David Wright and Don Mattingly, Folarin Balogun and Jared McCain, Jose Alvarado and Josh Hart, and Noah Lyles and Jordan Chiles.

As presenting partner of the Fanatics Collect Card Combine, AT&T is also helping bring the card-collecting hobby to life through an immersive experience designed to connect longtime collectors and first-time fans alike. From opening a first pack and trading cards to learning about grading and discovering the stories behind iconic collectibles, fans can explore every stage of the collecting journey through hands-on activities throughout the experience. Eligible AT&T customers will receive elevated card packs during the "First Pack" moment, marking the culmination of the Card Combine.

More for AT&T Customers
AT&T customers will get even closer to the action at Fanatics Fest NYC through exclusive perks designed to make the weekend easier and even more memorable.

On-site, eligible AT&T customers will have access to the AT&T Customer Lounge, a dedicated space to recharge, reset, and stay connected between sessions. Inside, customers can take advantage of:

Charging stations to keep devices ready for every moment Custom giveaways and limited-edition Fanatics Fest merch Complimentary Screen Skinz and live sneaker cleaning Priority access to participate in AT&T Connection Cup experiences throughout the weekend AT&T's presence at Fanatics Fest builds on a broader partnership with Fanatics that delivers for customers all year long. Eligible AT&T customers will be able to jump straight to Fanatics ONE Member Pro status in the coming months – no points required. This will bring them closer to the drops, special offers, FanCash opportunities, and one-of-a-kind moments that fuel modern fandom.

Powering The Fan Experience
AT&T is supporting connectivity throughout the Javits Center to meet the demands of hundreds of thousands of expected fans, with enhanced 5G coverage and capacity designed to support how attendees capture, share, and experience the action across Fanatics Fest.

Behind the scenes, AT&T engineers will be on site monitoring performance and supporting network reliability throughout the event to ensure that fans, partners, and Fanatics operations stay connected during one of the busiest sports weekends of the year.

Frequently Asked Questions

When is Fanatics Fest and where is it held? Fanatics Fest takes place July 16-19, 2026 at the Jacob K. Javits Convention Center in New York City. AT&T's activation runs across all four days of the event. What is AT&T doing at Fanatics Fest? As the Official Connectivity Provider of the Fan, AT&T is bringing three headline experiences to Fanatics Fest: the AT&T Connection Cup live game show hosted by Nate Burleson, the AT&T Customer Lounge for eligible customers, and presenting partnership of the Fanatics Collect Card Combine. What is the AT&T Connection Cup? The AT&T Connection Cup is a live fan competition inside the Javits Center hosted by Nate Burleson. Fans compete alongside celebrity captains in sports trivia, memorabilia challenges, and on-the-spot physical competitions for exclusive memorabilia, Fanatics FanCash, and bragging rights. Which celebrity captains and athletes are appearing at the AT&T Connection Cup? Fourteen athletes and celebrity captains will face off across the weekend, including Nikki Bella, Brie Bella, Amon-Ra St. Brown, Jahmyr Gibbs, Alex Morgan, Candace Parker, David Wright, Don Mattingly, Folarin Balogun, Jared McCain, Jose Alvarado, Josh Hart, Noah Lyles and Jordan Chiles. What perks do AT&T customers get at Fanatics Fest NYC? Eligible AT&T wireless and internet customers with the AT&T app or Smart Home Manager app get access to the AT&T Customer Lounge with charging stations, custom giveaways, limited-edition Fanatics Fest merch, complimentary Screen Skinz, and live sneaker cleaning. Customers also get priority access to the AT&T Connection Cup and elevated card packs at the "First Pack" moment inside the Fanatics Collect Card Combine. How is AT&T powering connectivity at Fanatics Fest NYC? AT&T is supporting connectivity throughout the Javits Center to meet the demands of hundreds of thousands of expected fans, with enhanced 5G coverage and capacity designed to support how attendees experience Fanatics Fest. AT&T engineers will be on site throughout the weekend monitoring network performance and supporting reliability for fans, partners, and Fanatics operations. Beyond this event, AT&T shows up for New Yorkers every day, delivering reliable mobile coverage and internet through AT&T Internet Air, our 5G home internet service. About AT&T
We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 150+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at about.att.com. Investors can learn more at investors.att.com

© 2026 AT&T Intellectual Property. All rights reserved. AT&T and the Globe logo are registered trademarks of AT&T Intellectual Property.

SOURCE AT&T
2026-07-16 11:37 25d ago
2026-07-16 05:50 26d ago
Walmart's people chief says these 10 jobs are still hot in the age of AI
WMT Walmart
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By You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Walmart truck drivers earn an average annual salary of $109,000. Walmart Artificial intelligence is reshaping work, but Walmart says the tech isn't shaking its need for people to power its growing business.

With more than 2.1 million workers, Walmart is not only the largest private employer in the world — it's also one of the broadest.

Behind the cart-pushers, shelf-stockers, and order-pickers, there are teams of truck drivers, supply chain managers, and data engineers who keep the business moving. Many of them got their start in hourly roles, including CEO John Furner and former chief Doug McMillon.

"It's really all careers, and that's what makes it exciting for our associates," Walmart's chief people officer Donna Morris told Business Insider. "I might start as a frontline associate, but my pathway could lead me in so many different directions."

Like many large companies, Walmart is betting heavily on an AI-powered future, but Morris said people remain at the heart of the retailer's growth strategy. The company's jobs board lists nearly 41,000 active openings with another 273,000 future roles.

"The reality is we are a service-driven organization, which means we're going to have a lot of jobs always," she said.

"We also believe that technology absolutely should serve people," she said. "But it should be done in a manner that people actually end up having better jobs and better careers over time."

Walmart is sharing its first-ever jobs spotlight, highlighting 10 career pathways at the company that it said are (and will continue to be) in high demand, many of which lead to six-figure salaries.

Some, like store and club managers and team leads, are straightforward tracks at a company that operates more than 10,000 locations around the world.

Others, like data engineers and advertising sales associates, represent the white-collar opportunities at the retail giant. The tech division laid off about 1,000 workers in May, a move its leadership said was intended to address duplication within certain teams.

And then there are the higher-paying blue-collar jobs where Walmart is training store workers to become truck drivers and skilled trades technicians.

Earlier this year, the company said it graduated its 1,000th truck driver through the program and that more than 600 associates had completed training to become HVAC specialists, electricians, or maintenance techs.

Beyond these re-skilling programs, Walmart said more than 126,000 employees have completed training through its online education portal for everything from AI certificates to four-year degrees.

Morris said she was surprised by the total.

"I should know that because I lead the function, but when you see quarter after quarter, you don't necessarily see it cumulatively," she said.

At a time when companies continue to cite AI in their decisions to shed workers, Morris also said large employers like Walmart have a responsibility to demonstrate optimism about their need for people and the opportunities it presents.

"The economy needs people to be working," she said. "The more the narrative is about people not working, the more it's frankly disruptive to everyone, and counterproductive to people's well-being."

Here is Walmart's full list of its most in-demand careers:Advertising SalesUS base pay range: $90,000 to $234,000 a yearTypical career path: Account Management > Sales Associate > Sales Loader > Senior Sales LeaderStore ManagerUS base pay range: $95,000 to $170,000 a yearTypical career path: Team Associate > Team Lead > Coach > Store ManagerData EngineerUS base pay range: $90,000 to $234,000 a yearTypical career path: Analyst > Data Engineer > Senior EngineerFacility Services TechnicianUS base pay range: $26 to $76 an hourTypical career path: Entry-Level Technician > Certified Technician > Senior TechnicianSupply Chain General ManagerUS base pay range: $116,000 to $351,000 a yearTypical career path: Area Manager > Operations Manager > General ManagerPrivate Fleet DriverUS base pay: Walmart drivers averaged more than $109,000 over the past yearTypical career path: Driver Trainee > Truck Driver > Senior Driver/TrainerPharmacistUS base pay range: $98,000 to $172,000 a yearTypical career path: Pharmacy Intern > Staff Pharmacist › Pharmacy Manager > Market DirectorStore/Club Team LeadUS base pay range: $19 to $40 an hourTypical career path: Associate > Team Lead > Coach/ManagerClub ManagerUS base pay range: $110,000 to $160,000 a yearTypical career path: Assistant Manager > Co-Manager > Club ManagerRealty Project CoachBase pay range: $50,000 to $143,000 a yearTypical career path: Field Role > Project Specialist > Realty Project Coach

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

Dominick Reuter is a senior retail reporter for Business Insider, primarily covering Walmart, Target, and Costco. His stories tend to focus on issues and trends that affect employees and customers.Prior to joining BI in 2019, Dominick worked for more than a decade as an independent photojournalist covering a wide range of stories for global wire services and newspapers, including Reuters, the Wall Street Journal, and Agence France-Presse.Dominick studied photojournalism at Boston University and later earned a Masters in business and economics journalism from Columbia University.If you're an employee or customer with a story to share, please contact me via email or text/call/Signal at 646-768-4750.

Walmart Jobs Careers More AI Employment Retail
2026-07-16 11:36 25d ago
2026-07-16 04:05 26d ago
2 Stocks With Dividend Yields of At Least 5.9% That Have Also Raised Their Annual Dividends for At Least 50 Years
MO Altria Group
FMP Stock News
Original source text
The stock market has been a difficult beast to understand. While the market has been on a multiyear bull run, investors are on edge, as numerous warning signs have emerged that suggest it might be time to head to the sidelines.

However, the market has so far shrugged these off and continued to move higher despite significant volatility.

Not all investors may want to lean in at such an uncertain time. Still, leaving money in cash and trying to time the market has never been a winning strategy. Instead, investors may want to seek more reliable dividend stocks, which can generate steady passive income annually.

Here are two dividend stocks yielding at least 5.9% and that have annually increased their dividends for at least 50 years.

Image source: Getty Images.

Altria Group -- 5.9% Altria Group (MO +0.51%) is one of the leading tobacco companies in the world. It also owns many smoke-free tobacco brands, as well as investments in cannabis. Some of its notable brands include Marlboro, Copenhagen, and on! nicotine pouches.

The company's long-standing business also allowed it to become a Dividend King, a company that has paid and raised its annual dividend for at least 50 years. Only 57 companies in the market can boast such a feat.

Altria is currently on pace to pay $4.24 in dividends, excluding any future increases. Meanwhile, management is guiding for $5.56 to $5.72 in adjusted diluted earnings per share, giving the company about a 75% dividend payout ratio.

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Altria also has a free-cash-flow yield of about 7.13%, which also covers the annual dividend, so the company clearly has room to raise it this year.

Altria stock has also enjoyed a strong year, with shares up nearly 26% (as of July 13). In the first quarter of the year, Altria managed to grow revenue net of excise taxes by 5.2%, despite smokeable product shipments being down 2.3% year over year. Operating margins expanded 1.8% year over year to 65%, largely thanks to pricing adjustments.

Meanwhile, the company continued to see revenue growth in its oral tobacco division, despite year-over-year margin contraction. Low- to mid-single-digit-percentage projected earnings growth in 2027 should also continue to support modest increases in the dividend moving forward.

Universal Corp -- 6.5% Another Dividend King, Universal Corp (UVV +0.52%) has paid and raised its annual dividend for 56 consecutive years. Universal Corp operates in a sector similar to Altria's, serving as the leading global leaf tobacco supplier to companies that make consumer tobacco products.

The company also has an ingredients division that produces specialty plant-based ingredients, such as fruits, vegetables, and flavorings, used by food and beverage companies in their products. The stock took a hit in early February, as the company's quarterly results revealed excess supply in the leaf tobacco business, and the ingredients segment also experienced softer demand and pressure due to tariffs.

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In its most recent fiscal 2026 fourth quarter, which ended on March 31 of this year, the company did manage to grow revenue 2% year over year but struggled due to a nonrecurring, noncash goodwill charge and some tobacco investor write-downs.

Still, the company increased its quarterly dividend by a penny in May for an annual dividend of $3.32 per share. Analysts covering the stock project adjusted earnings per share of $4.30 in its current fiscal year. Free cash flow in Universal's last fiscal year nearly covered the dividend, despite the significant goodwill charge. The company should be able to pay and raise its annual dividend going forward.
2026-07-16 11:36 25d ago
2026-07-16 06:00 26d ago
Dryden Gold Receives Drill Permit to Test High-Priority Mud Lake Discovery Target
TGT Target
FMP Stock News
Original source text
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2026) - Dryden Gold Corp. (TSXV: DRY) (OTCQX: DRYGF) (FSE: X7W) ("Dryden Gold" or the "Company") is pleased to announce that it has received the exploration permit for its Mud Lake target. The permit allows Dryden Gold to drill test extension targets identified through its 2025 drill program and geological mapping. Surface samples collected on a high-grade shear zone similar to Elora, where a significant fold in the mineralized structure occurs, assayed 93.00 g/t gold (Figure 1). This target is north of the previously permitted area and indicates a repetition that demonstrates the potential to extend the known mineralized system providing the foundation for a much larger gold-bearing district (Figure 2). This type of structural periodicity is typical of many high-performing gold camps in Northwest Ontario, including Red Lake.

Trey Wasser, CEO of Dryden Gold stated, "Based on the data and strong geological similarities, our team believes that Mud Lake has the potential to emerge as a significant extension within the Gold Rock Camp. We are increasingly encouraged by the prospect that the Manitou Dinorwic deformation zone ("MDdz") could host multiple gold deposits along strike. Securing this drill permit is an important step toward testing the discovery potential at Mud Lake to prove periodicity, at the deposit scale. With our strong treasury providing a robust 2026 field program, our exploration teams will continue mapping and prospecting at several additional high-priority targets across the Gold Rock Camp."

Recent geological mapping at the Mud Lake target has identified a mineralized structural corridor that shares several key characteristics with Big Master and Elora at Gold Rock. The 2026 mapping program also identified an en-echelon structural trend, where high-grade gold mineralization was discovered, further strengthening the Company's geological interpretation of the target. The approved drill permit also includes the Wamsley target; another high-priority area identified during the 2025 mapping campaign (Figure 2).

At Gold Rock, exploration drilling continues to advance several high-priority targets, including a newly interpreted central mineralized corridor located between the Elora and Big Master systems. A second drill is now operating and is testing the depth extensions of the known high-grade gold zones while the other drill is expanding the structural footprint at Gold Rock. One rig will be deployed to drill Mud Lake in early August.

Figure 1. Detailed map of the Mud Lake target highlighting key 2025 results 

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Figure 2. Geology map Gold Rock Camp (left side), detailed map of Gold Rock and
Mud Lake drill targets (right side)

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Qualified Person
The technical disclosure in this news release has been reviewed and approved by Maura Kolb, M.Sc., P. Geo., President of Dryden Gold and a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.

Analytical Laboratory and QA/QC Procedures
The Company is drilling NQ size core. Samples are cut in half, with half going to the lab for analysis and half kept as a record. True thickness/widths of the mineralization is unknown, result intervals are reported as the drilled core lengths unless otherwise stated. All sampling completed by Dryden Gold Corp. within its exploration programs is subject to a Company standard of internal quality control and quality assurance (QA/QC) programs which include the insertion of certified reference materials, blank materials, and a level of duplicate analysis. Drill samples from the 2024, 2025 and 2026 programs were sent to Activation Laboratories, with sample preparation and analysis in Dryden, where they were processed for gold analysis by 50-gram fire assay with an atomic absorption finish and over limits determined by Fire Assay with a gravimetric finish. Select samples were analyzed using metallic screens. Activation Laboratories systems conform to requirements of ISO/IEC Standard 17025 guidelines and meets assay requirements outlined for NI 43-101.

ABOUT DRYDEN GOLD CORP.
Dryden Gold is an exploration company focused on the discovery of high-grade gold mineralization listed on the TSX-V ("DRY") and traded on the OTCQX ("DRYGF") and FSE ("X7W"). The Company has a strong management team and Board of Directors comprised of experienced individuals with a track record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions. Dryden Gold controls 100% interest in mining claims in a dominant strategic land position in the Dryden District of Northwestern Ontario. The property hosts high-grade gold mineralization over 50km of potential strike length along the Manitou-Dinorwic deformation zone. The property has excellent infrastructure, enjoys collaborative relationships with First Nations communities and benefits from proximity to an experienced mining workforce. Dryden Gold is committed to building respectful, collaborative relationships with Indigenous Nations and communities throughout our area of operations. We recognize the importance of ongoing dialogue, mutual understanding, and meaningful engagement as we advance our exploration activities.

For more information go to our website www.drydengold.com.

Cautionary Note Regarding Forward-Looking Statements
The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: receipt of corporate and regulatory approvals, issuance of common shares; future development plans; and the business and operations of Dryden Gold. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable which include the number of metres of drilling the company may complete in 2026 and the timing of certain exploration programs during the coming year. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings including receipt of TSX Venture Exchange approval for the offering; risks related to environmental regulation and liability; the potential for delays in exploration or development activities; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in Dryden Gold's and the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and Dryden Gold and the Company do not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from Dryden Gold's and the Company's expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305379

Source: Dryden Gold Corp.

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2026-07-16 11:36 25d ago
2026-07-16 07:30 26d ago
Thunder Gold Reports 1.793 g/t Au over 45.0 metres at UV Target Advancing Tower Mountain Resource Growth Strategy
TGT Target
FMP Stock News
Original source text
Thunder Bay, Ontario--(Newsfile Corp. - July 16, 2026) - Thunder Gold Corp. (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) ("Thunder Gold" or the "Company") is pleased to announce exploration diamond drill results from the UV Target, at the Company's flagship Tower Mountain Property, 40 kilometres west of Thunder Bay, Ontario.

Six (6) holes totaling 2,937 metres targeted the down-dip projection of the main mineralized trend observed in historical diamond drill holes completed from 2002 to 2005. Three (3) holes, TM26-198, 199 and 200 targeted the projected trend 100 to 150 metres below the current bottom of the optimized pit constraining the Company's 2026 Mineral Resource Estimate (the "MRE"). The remaining holes targeted gaps in the MRE where there was insufficient drill data to estimate gold grades.

Key results from the program include:

TM26-204: 142.0 metres averaging 0.668 g/t Au, including 45.0 metres averaging 1.793 g/t Au and 1.5 metres averaging 44.100 g/t Au, within and immediately adjacent to the 2026 MRE optimized pit limit.TM26-200: 238.5 metres averaging 0.259 g/t Au from 361.5 metres to 600.0 metres, consistent with historical results in TM11-63, TM04-13 and TM04-12. TM26-198: 39.0 metres averaging 0.320 g/t Au within 100 metres of surface, in a new mineralized zone immediately adjacent to the current optimized pit limit. TM26-203: 13.5 metres averaging 0.612 g/t Au from 3.0 to 16.5 metres depth in previously un-estimated rock. Full assay results, including hole locations, orientations and section references, are provided in Tables 1 and 2 below.

Drilling has confirmed that the main mineralized trend at UV continues at depth and remains open, with grades and widths consistent with historical drilling and the 2026 MRE. Importantly, multiple new zones of mineralization above the 2026 MRE cut-off grade of 0.19 g/t Au were intersected in areas previously modeled as waste, providing potential to reduce the current 1.8:1 waste-to-ore strip ratio defined within the optimized pit.

Wes Hanson, President and CEO states, "These results materially advance our understanding of the UV Target and reinforce the continuity of gold mineralization below and adjacent to the current pit shell. The step-out holes confirm that the low-grade core at UV continues at depth and remains open, while the shallow holes have identified new zones of near-surface mineralization in areas previously modeled as waste. Together, this work supports our objective of growing and upgrading the Tower Mountain resource, improving the strip ratio and enhancing the overall economics of a potential open-pit operation."

"We are now completing exploration drilling at the Bench Target along the eastern margin of the optimized pit, which will conclude the current phase of drilling focused on un-estimated areas within the 2026 MRE pit shell. We plan to commence resource definition drilling on August 1, targeting conversion of Inferred Resources to Indicated, with completion expected by September 30 and results anticipated by mid-October in advance of an updated MRE, subject to any delays related to extreme forest fire conditions in northwestern Ontario."

Table 1.0 - UV Target Drill Hole Location and Alignment

Hole IDEASTNORTHELEVATIONBEARINGDIPDEPTHTM26-198300011537812039340-50747TM26-199300100537804340840-50600TM26-200300240537794042040-50600TM26-202300504537797842040-50300TM26-203300460537823740340-50288TM26-204300616537811345040-50402Table 2.0 - Summary of Significant Results - UV Target

SectionHole IDCut-off 
GradeFromToIntervalGradeTrue 
WidthGrade x Thickness

(Au g/t)(m)(m)(m)(Au g/t)(m)( Au gram metres)A - A'TM26-1980.2092.0131.039.00.32025.712.5(Figure 2)and0.20138.5143.04.51.4023.06.3
and0.20174.5183.59.00.2225.92.0
and0.20438.0445.57.50.2965.02.2
and0.20471.0477.06.00.3794.02.3
and0.20612.0633.021.00.35013.97.4

B - B'TM26-1990.2067.584.016.50.24610.94.1(Figure 3)and0.20282.0295.513.50.3638.94.9
and0.10390.0598.5208.50.220137.646.4
includes0.20390.0421.531.50.38920.812.3
includes0.20457.5483.025.50.24316.86.2
includes0.20499.5516.016.50.25210.94.2
includes0.20526.5552.025.50.30216.87.7
includes0.20579.0598.519.50.21012.94.1

0.0C-C'TM26-2000.206.040.534.50.282Unknown9.7(Figure 4)and0.20219.0240.021.00.561Unknown11.8
and0.10361.5600.0238.50.259157.461.8
includes0.20387.0400.513.50.1968.92.6
and0.20456.0600.0144.00.35095.050.4
includes0.30478.5552.073.50.49548.536.4
includes0.50505.5537.031.50.68020.821.4
TM26-2030.203.016.513.50.6128.98.3

0.0D -D'TM26-2020.2067.581.013.50.270Unknown3.6(Figure 5)and0.20262.0300.038.00.207Unknown7.9
TM26-2040.2087.5108.521.00.21613.94.5
and0.20141.5156.515.00.3079.94.6
and0.10190.0332.0142.00.66893.794.9
includes0.20276.5321.545.01.79329.780.7
includes1.00291.5293.01.544.1001.066.2

Figure 1.0 - Diamond Drill Plan, UV Target, February to June 2026

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Section A - A' TM26-198

TM26-198 was designed to test the downward continuation of the high-grade results reported in historical drill holes TM04-09, TM04-24 and TM21-90. The current optimized pit was unable to recover the mineralization associated with TM04-24 (88.5m @ 0.989 g/t Au) and TM21-90 (138.0 m @ 0.313 g/t Au) due to the unfavourable waste : ore strip ratio to access that mineralization. TM26-198 was drilled parallel to the southwestern edge of the optimized pit limit with two objectives:

Evaluate the down-dip continuity of the interpreted sub-vertical low-grade envelope; andEvaluate the potential for "new" mineralization external to the current optimized pit limit.

The UV low-grade mineralization was projected between 400 and 600 metres downhole. TM26-198 intersected a flat lying fault at the predicted upper contact of the low-grade trend and there is a definite increase in the number of individual samples above the targeted cutoff grade of 0.20 g/t Au. However, results are scattered and inconsistent throughout the projected target. The higher grade (1.0 to 10.0 g/t Au) feldspar porphyries, common in the upper drill holes, were absent throughout the target horizon, suggesting that TM26-198 is drilled parallel to the high-grade feldspar porphyry intrusives. From 400 metres onward, silicification ranged from strong to intense and there is a notable decrease in both carbonate-sericite alteration and pyrite, two key factors associated with the MRE gold distribution. Further drilling is necessary to evaluate the northern edge of the UV system.

TM26-198 successfully identified a new mineralized zone immediately adjacent to the current optimized pit limit intersecting 39.0 metres averaging 0.32 g/t Au within 100 metres of surface, immediately under the current optimized pit limit. Further shallow drilling is planned to expand this zone as it has the potential to increase the inferred resource.

Section B - B' TM26-199

TM26-199 was designed to test the downward continuation of the mineralization reported in historical drill holes TM04-03 (262.5 m @ 0.405 g/t Au), TM04-07 (168.0 m @ 0.237 g/t Au) and TM05-49 (243.0 m 2 0.241 g/t Au). TM26-199 was drilled parallel to the southwestern edge of the optimized pit limit with two objectives:

Evaluate the down-dip continuity of the interpreted sub-vertical low-grade envelope; andEvaluate the potential for "new" mineralization external to the current optimized pit limit.

TM26-199 intersected scattered, narrow intervals greater than 0.20 g/t Au from surface to 390 metres depth, parallel to the southwestern edge of the 2026 MRE optimized pit limit.

TM26-199 intersected the projected low-grade core of the UV Target from 390.0 to 598.5 metres, almost exactly as predicted, 100 metres below the 2026 MRE optimized pit limit. Gold grades are consistently above 0.10 g/t Au and average 0.220 g/t across the 208.5 metre interval. These results are consistent with the historical drill results from 2002 through 2005.

Section C - C' TM26-200 and TM26-203

As with holes TM26-198 and 199, TM26-200 was designed to test the downward continuation of the low-grade core UV mineralization, 100 to 150 metres below the 2026 MRE optimized pit limit while also testing areas that were not estimated due to insufficient drill hole density.

TM26-203, a shallow hole, targeted gaps in the 2026 MRE model that were the result of insufficient drill coverage.

TM26-200 intersected 34.5 metres @ 0.282 g/t Au from the bottom of casing at 6.0 metres depth to 40.5 metres depth. The mineralization lies external to the current MRE optimized pit, in an area previously un-estimated due to insufficient drill hole density. From 40.5 metres to 361.5 metres, TM26-200 intersected scattered, narrow intervals above the 0.20 g/t Au. TM26-200 intersected 238.5 metres @ 0.282 g/t Au from 361.5 metres to the end of the hole at 600 metres. The results are consistent with the historical results in holes TM11-63 (231.0 metres @ 0.468 g/t Au), TM04-13 (246.0 metres @ 0.177 g/t Au) and TM04-12 (108.0 metres @ 0.530 g/t Au).

TM26-203 intersected 13.5 metres @ 0.612 g/t Au from the bottom of casing at 3.0 metres to `16.5 metres depth. The remaining 271.5 metres intersected scattered, narrow intervals greater than 0.20 g/t Au in what was previously un-estimated rock due to insufficient data.

Section D - D' TM26-202 and TM26-204

Holes TM26-202 and TM26-204 were drilled as 50-metre step out holes surrounding TM23-143 which reported 109.0 metres averaging 0.317 g/t Au.

TM26-202 intersected 38.0 metres @ 0.207 g/t Au over the final 38 metres of the hole. The mineralization projects vertically under TM23-143 (109.0 metres @ 0.317 g/t Au) and is interpreted to represent the southwestern contact of the low-grade core of the UV Target defined in drill sections A-A', B-B' and C-C').

TM26-204 intersected 142.0 metres @ 0.668 g/t Au including 45.0 metres @ 1.793 g/t Au within and immediately adjacent to the 2026 MRE optimized pit limit. This intersection offers excellent potential to increase the overall inferred resource as the 2026 MRE estimated this area to be waste, due to lack of drill hole coverage. Shallow follow-up drill holes are planned before September to expand this newly identified trend.

Qualified Person

Technical information in this news release has been reviewed and approved by Wes Hanson, P.Geo., President and CEO of Thunder Gold Corp., who is a Qualified Person under the definitions established by NI 43-101.

About the Tower Mountain Gold Property

The 7,625-hectare, 100%-owned Tower Mountain Property is beside the Trans-Canada highway, 40-km west of Thunder Bay, Ontario (pop. 110,000). Gold mineralization occurs in variably brecciated and altered rocks surrounding the calc-alkalic Tower Mountain Intrusive Complex. Drilling to date has established an initial mineral resource of 500,000 ozs (Indicated) with an additional 3,000,000 ozs (Inferred), parallel to the western contact of the intrusion. The remaining 75% of the contact demonstrates similar geology, alteration, and geophysical signatures and is untested by drilling. A second gold trend, identified at surface in 2026, outcrops at surface and is continuously mineralized over a 100-metre width. The gold mineralization occurs within Timiskaming-type conglomerates that can be traced along a southwest trend for over 5.0 kilometres. Both targets offer opportunity to materially increase the total resource through systematic drilling.

About Thunder Gold Corp.

Thunder Gold is advancing the Tower Mountain project in Thunder Bay, Ont. -- an emerging gold system with the scale, consistency and quality to support a long-life, open-pit operation. Results from the disciplined drill programs have consistently reinforced confidence in the continuity and predictability of the discovery while highlighting significant potential for expansion across multiple zones of the Tower Mountain intrusive complex. With industry-leading drilling costs, existing infrastructure and a skilled local work force, Tower Mountain represents a rare combination of size, scalability and cost-effective growth.

At Thunder Gold, our vision is clear: to unlock a discovery that has the potential to become a transformational gold project, delivering long-term value for shareholders while contributing to the future of Canada's mining industry.

For more information about the Company please visit: www.thundergoldcorp.com.

On behalf of the Board of Directors,
Wes Hanson, P.Geo., President and CEO

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. All statements, other than statements of historical fact, are forward-looking statements and are based on predictions, expectations, beliefs, plans, projections, objectives and assumptions made as of the date of this news release, including without limitation: the size of the Offering and other statements concerning the Offering; the anticipated use of proceeds from the Offering; the renunciation to the purchasers of FT Shares and timing thereof; the tax treatment of the FT Shares and the Company's plans regarding exploring its mineral exploration properties; anticipated results of geophysical drilling programs, geological interpretations and potential mineral recovery. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate funding on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to the gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise any forward-looking statements, other than as required by applicable law, to reflect new information, events or circumstances, or changes in management's estimates, projections or opinions. Actual events or results could differ materially from those anticipated in the forward-looking statements or from the Company's expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305365

Source: Thunder Gold Corp.

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2026-07-16 11:36 25d ago
2026-07-16 07:30 26d ago
Quimbaya Gold Identifies New Gold Target at Tahami Southeast; Rock Samples up to 59.4 g/t Au & 52.30 g/t Ag
TGT Target
FMP Stock News
Original source text
Grab samples up to 59.4 g/t gold and a ~1 km × 1 km sericitic-alteration target with visible gold in the surrounding drainages — a third target on Quimbaya's Segovia ground, next to Aris Mining.

Vancouver, British Columbia--(Newsfile Corp. - July 16, 2026) - Quimbaya Gold Inc. (CSE: QIM) (OTCQX: QIMGF) (FSE: K05) ("Quimbaya" or the "Company") has defined a new gold exploration target at Tahami Southeast, in the southern portion of the Company's district-scale land package in Colombia's prolific Segovia Gold District — immediately adjacent to Aris Mining's high-grade gold operations. Initial field work returned rock (grab and panel-grab) sample assays of up to 59.4 g/t gold and 52.30 g/t silver from quartz vein sub-outcrops.

Highlights

Up to 59.4 g/t gold and 52.30 g/t silver in rock (grab and panel-grab) samples from quartz vein sub-outcrops with galena and sphalerite — selective samples, not necessarily representative of the property.Adjacent to Aris Mining — Tahami Southeast sits on Quimbaya's district-scale ground in Colombia's prolific Segovia Gold District.New ~1 km × 1 km target — a sericitic-alteration color anomaly, open in several directions, with sub-outcrops of quartz veins and visible gold in pan. Third target on the trend — after the Tahami South veins (December 2025) and the Tahami Center Cu-Mo-Au porphyry.Next — mapping and sampling to define drill targets, planned for the second half of 2026.

Photo 1. Strong sericitic alteration on the center of the property (WP_0652, figure 1). Gold in pan at WP_7016 and WP_0652 (location at the figure 1)

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Tahami Southeast — New Gold Target Next to Aris Mining

Tahami Southeast lies in the southern portion of Quimbaya's land package in Colombia's Segovia Gold District, immediately adjacent to Aris Mining's high-grade gold operations. Initial geological mapping and prospecting have identified at least two prospecting areas, including quartz vein sub-outcrops with gold-silver high grade confirmed by gold in pan downstream (WP_7016, photo 1, figure 1); and quartz veins hosted in porphyritic granodiorite with strong sericite alteration and high gold concentration in pan (WP_0652, photo 1, figure 1). Selective grab and panel-grab sampling target sub-outcrops returned assays of up to 59.4 g/t gold and 52.30 g/t Ag. Grab and panel-grab samples are selective by nature and are not necessarily representative of the mineralization on the property.

The second target is defined by an approximately one square kilometer color anomaly, interpreted as strong sericitic alteration, that remains open in several directions, with coarse gold in pan observed in the surrounding drainages. Two principal vein trends have been mapped: a northeast trend, associated with the historic Mina Antigua and El Chicharrón workings, and a northwest trend. Active and abandoned artisanal workings within the area are under investigation. The historic Mina Antigua and El Chicharrón workings, the Guía Antigua and Chicharrón mines shown on Figure 1, and the Aris Mining operations referred to in this news release are located on properties not held by the Company; the Qualified Person has not verified the exploration information from those adjacent properties, and such information is not necessarily indicative of the mineralization at Tahami Southeast. Currently, exploration continues to advance towards the southeast of the claim.

Alexandre P. Boivin, CEO, Quimbaya Gold:

"We do what we say we will. We drilled Tahami South and we are defining the gold-silver veins systems; we confirmed the copper-molybdenum-gold porphyry at Tahami Center, and today we are adding a third target at Tahami Southeast - right next to Aris Mining. A one-square-kilometer alteration footprint with visible gold in the creeks and rock samples up to 59.4 grams per tonne is exactly the kind of early signal that warrants disciplined follow-up. We will advance it through a mapping and sampling program planned for the second half of 2026 to define drill targets, as we build Quimbaya into a company of real scale in one of the Americas' most prolific gold districts."

Portfolio Approach: De-Risking Through Multiple Targets

Tahami Southeast is a new, distinct target within Quimbaya's district-scale Segovia land package and does not change the Company's near-term focus. Disciplined exploration across a large land position has generated an additional high-quality target — the way successful exploration companies build value and de-risk their portfolios. Quimbaya now advances three independent targets: the gold-silver veins at Tahami South, the Cu-Mo-Au porphyry at Tahami Center, and the newly defined gold-silver target at Tahami Southeast. Multiple independent targets mean multiple opportunities to deliver discovery value for shareholders.

Segovia District Context

The Segovia Gold District has produced gold for over a century and hosts Aris Mining's high-grade operations. The structurally-controlled quartz veins with galena and sphalerite identified at Tahami Southeast are characteristic of the epithermal vein systems that define the district. This geological setting is provided as technical context only and is not a representation that similar results will be achieved at Tahami Southeast.

Photo 2. a) Quimbaya's geologist team during the field recognition with the qualified person Ricardo Sierra at Tahami Southeast. b) Panoramic view of the colour anomaly (WP_0652, figure 1).

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https://images.newsfilecorp.com/files/11347/305381_c83e0a6874310902_002full.jpg

Ricardo Sierra, AusIMM, VP Exploration, Quimbaya Gold:

"In my opinion, the style and setting at Tahami Southeast — sericitic alteration, structurally-controlled quartz veins with galena and sphalerite, and coarse gold in the surrounding drainages — are characteristic of the epithermal systems linked with oxidized intrusion-related gold deposits of the Segovia District. I recommend that the Company advance a systematic program of geological mapping and sampling to identify and define drill targets."

Photo 3. Quartz vein sub-outcrop at surface, Tahami Southeast, sample number QG_002012 (location on Figure 1). Sph: sphalerite, Py: Pyrite. 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11347/305381_qim-photo3.jpg

Figure 1. Tahami Southeast (SHO-08001) gold geochemistry / target map: panel and grab rock, channel, gold in pan location and stream-sediment results including the 59.4 g/t Au grab, together with quartz veins and interpreted vein trends. Historic Guía Antigua and Chicharrón workings are shown for reference. 

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Table 1. Statistics for sampling type in Tahami South East

Figure 2.— District-scale location map showing Tahami Southeast relative to Aris Mining's Segovia operations and Quimbaya's Tahami Project. 

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https://images.newsfilecorp.com/files/11347/305381_c83e0a6874310902_006full.jpg

Exploration Program

The Company intends to advance Tahami Southeast through systematic geological mapping, rock and channel sampling, and structural interpretation to define drill targets. This program is planned for the second half of 2026. Results will be reported as they are received and verified by the qualified person.

Quality Assurance and Quality Control

Samples were collected by Company personnel under the supervision of the qualified person, with locations recorded by handheld GPS. Rock and stream-sediment samples were submitted to SGS, an ISO/IEC 17025-accredited laboratory independent of the Company. The rock results reported herein are from selective grab samples, which are not necessarily representative of the mineralization on the property.

All samples were prepared and analyzed by SGS laboratories in Medellín, Colombia, and Lima, Peru. SGS Colombia and SGS Peru are ISO 17025-accredited and are independent of the Company. Gold assays were completed using fire assay methods, with multi-element analysis conducted using ICP techniques. Gold was determined by fire assay on a 30 g charge with an atomic absorption finish (SGS method code FAA313); multi-element analysis, including silver, was conducted by four-acid digestion with ICP-AES/ICP-MS finish (SGS method code ICP40B). Over-range copper assays above the upper detection limit of 1% Cu were re-analysed by ore-grade assay methods (SGS code AAS41B). Detection limits for the primary elements were Cu 0.5 ppm, Mo 1 ppm, Au 5 ppb, Pb 2 ppm, and Zn 0.5 ppm. The analytical protocols used are industry-standard for this style of vein-hosted gold-silver mineralization and are considered appropriate for the style and grade of the samples collected.

Quimbaya implemented a quality assurance and quality control (QA/QC) program that included the regular insertion of certified reference materials, blanks, and field duplicates. Control samples were inserted at an approximate rate of 15-20% throughout the sampling program. QA/QC results were reviewed by the Company's Qualified Person and are considered acceptable, supporting the reliability of the analytical data. Certified reference materials (CRMs) used included (Epi-35, Epi-41 of Target rock certificates) covering the expected grade range for Cu, Ag, and Au. CRMs returned values within ±2 standard deviations of their certified means. Coarse blank material sourced from Bureau Veritas quartz certificates returned values below 10x the detection limit for all elements of interest. Field duplicates showed an average pair correlation of R²= 0.872, within industry-accepted tolerances.

Channel samples were collected as continuous chip channels cut perpendicular to the observed structural orientation within underground workings at the Laurel mine and surface outcrops. Channel dimensions were approximately 15 cm wide up to 2m.

Qualified Person

Ricardo Sierra, AusIMM, is a non-independent Officer "VP Exploration" and the Qualified Person for this news release. The scientific and technical content of this press release has been reviewed and approved by Mr. Sierra, who has sufficient experience with South American exploration projects relevant to the style of mineralization and type of deposit under consideration. He has verified the data disclosed herein and consents to the inclusion of the Exploration Results in the form and context in which they appear.

Grant of Incentive Securities

The Company also announces that its board of directors has approved the grant of 1,300,000 incentive stock options and 1,550,000 restricted share units (RSUs) to directors, officers, employees and consultants of the Company, pursuant to the Company's equity incentive plan. The stock options are exercisable at a price of C$0.40 per common share for a period of five years from the date of grant and vest over a period of twelve months. The RSUs vest over a period of twelve months. All securities issued under the grant are subject to applicable statutory hold periods and the policies of the Canadian Securities Exchange.

About Quimbaya

Quimbaya Gold is a Colombia-focused exploration company advancing a district-scale portfolio of more than 73,000 hectares across highly prospective mineral belts in Antioquia, Colombia. Its flagship Tahami Project, located in Segovia, is immediately adjacent to Colombia's most prolific high-grade gold mining camp, while the Berrio and Maitamac projects are strategically positioned in Puerto Berrío and Abejorral, respectively. Early-stage exploration has identified extensive mineralized vein systems and documented features consistent with a large, multi-commodity porphyry system prospective for gold, copper and molybdenum, highlighting the district-scale discovery potential of Quimbaya's land package. The Company is led by a proven technical and management team committed to disciplined exploration and responsible mining practices.

Cautionary Statement Regarding Forward-Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, contained in this news release constitute forward-looking statements. Forward-looking statements are frequently identified by words such as "plans," "planned," "expects," "intends," "anticipates," "believes," "estimates," "forecasts," "projects," "targets," "potential," "may," "will," "should," "would," "could," "continues," "ongoing," "pending," "scheduled," "upcoming," and similar expressions, or the negative thereof.

Forward-looking statements in this news release may include, but are not limited to, statements and information regarding: the Company's business strategy, plans, and outlook; the exploration and development plans, activities, and results for the Company's mineral properties in Colombia, including the Tahami Project (comprising the Tahami North, Tahami South, Tahami Center and Tahami Southeast targets), the Berrio Project, and the Maitamac Project; the timing, design, scope, costs, and results of drill programs, geochemical and geophysical surveys, mapping, sampling, metallurgical testwork, and other exploration and technical activities; the interpretation of geological, geophysical, geochemical, and sampling data, including the nature, scale, continuity, and prospectivity of mineralized systems identified on the Company's properties; the potential discovery, expansion, delineation, or future estimation of mineral resources or mineral reserves; the anticipated timing, structure, and results of planned financings, warrant exercises, and other capital markets activities, and the use of proceeds therefrom; the receipt, timing, and scope of required permits, licences, environmental approvals, and regulatory and stock-exchange approvals; the negotiation, execution, completion, and integration of acquisitions, dispositions, joint ventures, option agreements, and other strategic transactions; the Company's ability to achieve its budget, exploration, and corporate objectives; the outlook for metal prices and demand in the commodities relevant to the Company; and future financial performance.

Forward-looking statements are based on a number of material factors and assumptions, including, but not limited to: that the Company's exploration, technical, and operational activities will proceed substantially as planned and on the timelines anticipated; that the Company will have sufficient access to capital and financing on acceptable terms to fund its business plan; that the Company will obtain and maintain, in a timely manner, all required permits, licences, environmental approvals, and regulatory and stock-exchange approvals; that the Company will maintain favourable relationships with local communities, landholders, indigenous groups, and other stakeholders; that drill rigs, qualified personnel, laboratory services, equipment, materials, and other inputs will remain available on commercially reasonable terms; that currency exchange rates, metal prices, energy costs, and other macroeconomic factors will remain broadly consistent with current expectations; that the geological, geochemical, geophysical, and sampling interpretations relied upon by the Company, including those of third-party experts, accurately reflect subsurface conditions; that the Company's mineral properties are not subject to any undisclosed material title, environmental, or other encumbrance; that there will be no material adverse change in the political, economic, legal, security, or social environment in Colombia; and that counterparties to the Company's agreements will perform their obligations in accordance with their terms.

Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Such risks include, but are not limited to: risks inherent in mineral exploration, including that exploration results may be poorer than anticipated, that drilling may not intersect mineralization as expected, and that assay or sampling results may not support previously disclosed geological interpretations; fluctuations in metal prices, currency exchange rates, interest rates, and general capital market conditions; the Company's ability to finance its exploration, operating, and corporate activities on acceptable terms; delays in or failure to obtain required permits, licences, or regulatory or stock-exchange approvals; changes to applicable laws, regulations, taxation policies, and governmental policies; risks associated with operating in Colombia, including security, political, governance, regulatory, community, social-licence, and socio-economic risks, and risks associated with artisanal and informal mining activity on or adjacent to the Company's properties; environmental risks, including compliance obligations and the availability of water, power, and infrastructure; risks related to the accuracy of the Company's geological interpretations, geochemical and geophysical data, sample results, and other technical information; title and tenure risks; competition for mineral properties and for qualified personnel; reliance on key personnel, consultants, and third-party contractors; risks associated with acquisitions, dispositions, joint ventures, and option agreements, including failure to complete announced transactions or failure to realize anticipated benefits; health, safety, and pandemic-related risks; risks related to the Company's continued listing on the Canadian Securities Exchange and other markets on which its securities trade; and other risks described in the Company's continuous disclosure filings available under the Company's profile on SEDAR+ at www.sedarplus.ca.

Readers are cautioned that the foregoing lists of material factors, assumptions, and risk factors are not exhaustive. Forward-looking statements contained in this news release are made as of the date of this news release, are expressly qualified in their entirety by this cautionary statement, and represent the Company's expectations as of such date. Although the Company believes that the assumptions and expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such forward-looking statements will prove to be accurate or that underlying assumptions will be correct, and actual results and future events could differ materially from those anticipated. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements. Except as required by applicable securities laws, the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Cautionary Note Regarding Exploration Results and Mineralization

The scientific and technical disclosure in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") and the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards for Mineral Resources and Mineral Reserves adopted by CIM Council on May 10, 2014. Exploration results disclosed in this news release, including soil, rock, channel, and drill sampling results, do not constitute a mineral resource or a mineral reserve as defined under NI 43-101 and the CIM Definition Standards, and readers should not assume that any mineralization disclosed herein will ever be delineated as a mineral resource or a mineral reserve. Sample lengths and intercepts reported in this news release represent the interval measured in the drill hole, channel, or along the sampled surface, and do not necessarily represent the true width of mineralization. There is no certainty that further exploration will result in the discovery or definition of a mineral resource or a mineral reserve on any of the Company's mineral properties.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305381

Source: Quimbaya Gold Inc.

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