Track market-moving stories before they get noisy

Key Takeaways Stripe and Advent offered $60.50 per share, valuing PayPal at over $53 billion, per Reuters. PYPL shares jumped after the news, boosting the outlook for PYPL-heavy ETFs. PYPU, FINX and IPAY could benefit if PayPal's takeover momentum continues. Stripe and private equity firm Advent International have jointly offered to acquire PayPal Holdings (PYPL - Free Report) in a deal valued at more than $53 billion, according to Reuters, as quoted on Yahoo Finance. The proposal marks one of the biggest potential transactions in the digital payments industry in recent years.

$60.50-Per-Share OfferThe consortium has offered $60.50 per PayPal share, representing a roughly 28% premium to the stock's closing price on Tuesday. PayPal shares surged about 13.17% after hours on July 14, 2026.

The bid, submitted earlier this month, is backed by about $50 billion in committed bank financing, according to sources familiar with the matter.

Talks Began Earlier This YearThe proposal follows an initial approach made in early April. Sources said Stripe and Advent have yet to receive a response from PayPal but are hoping to advance discussions in the coming weeks.

If completed, the two firms would jointly own PayPal, each holding an equal stake. The proposal does not involve breaking up the company.

Why PayPal Is Drawing InterestOnce a pioneer in digital payments, PayPal has struggled in recent years amid intensifying competition from alternative payment platforms, including Apple Pay and Google Pay.

The company has also faced slowing growth since the pandemic-era e-commerce boom faded, leading to a significant decline in its market valuation.

Despite these challenges, PayPal remains one of the world's largest digital payments platforms, making it an attractive acquisition target for strategic and financial buyers.

PayPal Continues to Improve OperationsDespite competitive pressures, PayPal has shown signs of operational improvement.

In the first quarter, revenue rose 7% year over year to $8.35 billion, exceeding analysts' expectations. On a constant-currency basis, total payment volume increased 8% to approximately $464 billion.

Management has also outlined plans to use artificial intelligence to streamline operations, reduce organizational complexity, and generate roughly $1.5 billion in savings over the next two to three years, with those savings expected to be reinvested in future growth initiatives.

For the second quarter, PayPal expects low-single-digit currency-neutral revenue growth, a low-single-digit decline in transaction margin dollars (TM$) and a high-single-digit fall in non-GAAP EPS. The comparison is difficult because last year's second quarter benefited from a partner renewal, stronger credit performance, lower operating expenses and a favorable tax rate.

PYPL stock currently has a great value score of “A”, but downbeat growth score of “D” and a momentum score of “F.”

ETFs to Gain As the acquisition news lifted PayPal shares, exchange-traded funds (ETFs) with significant exposure to the stock could also benefit. These include Direxion Daily PYPL Bull 2X ETF (PYPU - Free Report) , Global X FinTech ETF (FINX - Free Report) and Amplify Digital Payments ETF (IPAY - Free Report) .

PayPal Holdings PYPL shares are trading cheaply, as suggested by the Value Score of A. In terms of forward 12-month price-to-earnings (P/E), PayPal is currently trading at 8.53X, lower than the Zacks Financial Transaction Services industry average of 17.02X.

I am upgrading Qualcomm (QCOM) to a buy, citing its data center pivot and accelerating automotive segment as key growth drivers. QCOM targets doubling non-handset revenue to $40B by FY29, with data center and Automotive momentum offsetting Apple modem business loss. Intrinsic value is estimated at $220 per share, making QCOM attractively valued at a 23% discount after a recent 31% share price decline.

Key Takeaways Cisco raised its fiscal 2026 AI infrastructure order target to about $9 billion on hyperscaler demand.Enterprise switching orders rose over 40%, while campus networking orders increased more than 25%.Acacia secured over $1 billion in quarterly orders and is expected to grow more than 200% in fiscal 2026. Cisco Systems (CSCO - Free Report) shares have jumped 52% year to date (YTD), outperforming the broader Zacks Computer & Technology sector’s return of 14.7%. The company has been benefiting from a strong AI push, a networking supercycle, improving its enterprise networking business and recovering its security business. These factors have helped in improving Cisco’s competitive prowess compared with the likes of Hewlett Packard Enterprise (HPE - Free Report) , Broadcom (AVGO - Free Report) and Arista Networks (ANET - Free Report) , shares of which have appreciated 106.4%, 39.4% and 12.6%, YTD, respectively. Is there room for further upside in Cisco shares? Let’s find out.

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

AI Push & Strong Networking Growth Aids Cisco’s ProspectsCisco’s growing AI infrastructure business has been a major growth driver. The company raised its fiscal 2026 AI infrastructure order target from $5 billion to approximately $9 billion, reflecting stronger-than-expected hyperscaler demand. Cisco secured five new hyperscaler AI design wins during the third quarter of fiscal 2026, including Silicon One-powered systems and Acacia optical networking products. This reinforces investor confidence that the AI networking opportunity is expanding beyond a handful of deployments. Cisco now expects to recognize approximately $4 billion in AI infrastructure revenues from hyperscalers in fiscal 2026. The company expects at least $6 billion of AI-related revenues in fiscal 2027, indicating strong visibility into future growth.

Cisco is a key beneficiary of the networking supercycle as hyperscalers, enterprises, sovereign cloud operators, public-sector organizations and telecom providers modernize networks simultaneously to support AI workloads. The company believes this demand is larger and faster than previous technology cycles because AI infrastructure cannot function without modern, high-speed networking. In the third quarter of fiscal 2026, enterprise data center switching orders grew more than 40%, campus networking orders reached record levels (up more than 25%), and wireless orders increased more than 40% year over year.

The Acacia optics business generated more than $1 billion of orders in the third quarter of fiscal 2026 and is expected to grow over 200% in fiscal 2026, positioning Cisco to capture a larger share of AI networking spend. The business has shipped more than 750,000 400G coherent optics and over 40,000 800G coherent optics, giving Cisco leadership in AI optical interconnects. Meanwhile, Silicon One continues winning large hyperscaler deployments, strengthening Cisco's competitive position in AI networking.

The company’s refreshed security portfolio is gaining traction, with double-digit order growth in core security products (excluding Splunk) and strong firewall momentum. Cisco is leveraging its unique position across networking, security, identity and observability to address emerging AI security needs, including agentic AI security, AI Defense, Hypershield and Zero Trust Access. Cisco has also expanded its Secure AI Factory with NVIDIA and announced acquisitions of Galileo and Astrix to strengthen AI identity and agentic security capabilities.

Cisco’s Prospects: Key Catalysts Outweigh ChallengesCisco’s prospects are likely to benefit from accelerating AI networking demand. Continued expansion of Silicon One, Acacia optics and AI switching is expected to support another leg of growth. A strong pipeline of AI infrastructure buildout ($3 billion roughly) across enterprise, sovereign AI and neocloud customers suggests that AI demand is broadening beyond hyperscalers. Cisco believes campus upgrades remain in the early innings as enterprises migrate to Wi-Fi 7, AI-enabled switching and secure networking.

In terms of the Security business, Cisco expects easier comparisons beginning in fiscal 2027 as Splunk’s cloud transition normalizes. Combined with stronger adoption of Hypershield, AI Defense and Zero Trust, Security could become a faster growth contributor. Strong adoption of agentic AI bodes well for Cisco’s prospects. The company believes that agentic AI requires security to be embedded directly into networking infrastructure, an area where Cisco has a competitive advantage over pure networking or standalone cybersecurity vendors.

These positive drivers are expected to help Cisco comfortably navigate challenges related to higher memory prices, Splunk’s cloud transition, stiff competition and heightened AI-related spending.

2026 Earnings Estimate Revisions Positive for CSCOThe Zacks Consensus Estimate for CSCO’s fiscal 2026 earnings is currently pegged at $4.28 per share, up 0.9% over the past 60 days, indicating year-over-year growth of 12.3%.
 

The consensus mark for CSCO’s fourth-quarter fiscal 2026 earnings is currently pegged at $1.17 per share, up a penny over the past 60 days, indicating year-over-year growth of 18.2%.

CSCO Shares Are Trading at a PremiumCisco shares are trading at a premium, as suggested by the Value Score of F. In terms of the forward 12-month price/sales, CSCO is trading at a premium of 6.83X, higher than the broader sector’s 6.79X and Hewlett Packard Enterprise’s 1.35X.

However, Cisco shares are trading at a discount compared with Arista Networks and Broadcom. In terms of the forward 12-month P/S, Arista Networks and Broadcom shares are trading at 17.8X and 12.18X, respectively.

CSCO Stock’s Valuation
Image Source: Zacks Investment Research

ConclusionDespite trading at a modest premium, Cisco’s improving fundamentals and expanding AI opportunity continue to support a constructive long-term outlook. Strong momentum in AI infrastructure, Silicon One, Acacia optics, campus networking and security, combined with rising earnings estimates and solid execution, provides multiple avenues for sustained growth. CSCO remains an attractive stock for investors seeking long-term exposure to enterprise networking and AI infrastructure driven by durable demand drivers and increasing revenue visibility.

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

Gary Cohn, IBM vice chairman and former Trump NEC director, joins ‘Squawk on the Street' to discuss Federal Reserve Chairman Kevin Warsh's first semiannual monetary policy testimony to Congress, the outlook for rate cuts, the economic impact of AI, and more.

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On July 14, 1789, the people of Paris stormed the Bastille, signaling a violent end to the absolute authority of the ancien régime. Today, on that very same date, (albeit 237 years later) the stock market staged its own financial revolution against the ancien régime of technology: International Business Machines.

IBM shares fell just over $73 to ~$217 — a jaw-dropping 25% single-day decapitation. It is the steepest single-session drop in my lifetime, matching a scale of destruction not seen since January 3, 1968, before I was born.

The catalyst for this sudden coup was a preliminary Q2 sales miss. IBM reported revenue of $17.2 billion, falling short of Wall Street's $17.9 billion expectations, driven by a 7% slide in its infrastructure division. According to CEO Arvind Krishna, enterprise customers shifted their spending away from IBM's traditional products, hoarding cash to buy hardware, servers, and storage to hedge against AI-fueled supply shortages and impending price hikes. While this may be Krishna's own convenient narrative rather than an independently verified trend, the market didn't wait for a trial. The verdict was absolute, and the execution was swift.

But where there is panic, there is premium. In the option pits, the crowd has gathered but hasn't dispersed. Typically, when bad news drops, implied volatility undergoes a rapid "vol crush." Instead, IBM's one-month implied volatility is trading at its 99.6%ile — dwarfing the premium expansion seen during the 2019 Taper Tantrum, the 2022 rate-hike bear market and the various tariff tantrums, exceeded only by the "Pandemic Plunge" in 2020.

IBM, YTD

With the market pricing in absolute chaos, it is time to adopt an "off with their heads" stance on high premiums. Since the stock has already endured a massive 25% structural re-rating, the majority of the downward momentum is likely exhausted. By selling the monthly August 21, 2026, 190/245 short strangle, we can collect a massive premium from terrified buyers, betting that the stock will quietly consolidate within its new post-revolutionary boundaries.

Premium Captured: ~$11.25 per strangle (as of the July 14, 2026, close). This represents a 5.18% standstill yield relative to the underlying stock price in just 38 days.

Downside Breakeven: $178.75 (approx. 17.6% below current price)Upside Breakeven: $256.25 (approx. 18.1% above current price)This trade relies on a wide, symmetrical margin of safety. To breach the lower barrier of $178.75 — a level not visited since early 2024 — IBM would need to drop an additional 18% from its already-shattered state. If forced to take assignment, you are establishing a long position at a steep historical discount. On the upside, reclaiming $256.25 would require IBM to recoup more than half of today's historic sell-off before August expiration, an unlikely feat given the sudden enterprise freeze on software and consulting budgets.

As the dust settles on this Bastille Day blowout, the market has left the gates wide open for option sellers. The news is out, but panic has kept options premiums elevated. For those willing to capture the fear, the short strangle offers a high-probability path to watch the remaining premium slowly bleed away.

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering UnitedHealth Group (UNH - Free Report) , which belongs to the Zacks Medical - HMOs industry.

When looking at the last two reports, this largest U.S. health insurer has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 6.44%, on average, in the last two quarters.

For the last reported quarter, UnitedHealth came out with earnings of $7.23 per share versus the Zacks Consensus Estimate of $6.46 per share, representing a surprise of 11.92%. For the previous quarter, the company was expected to post earnings of $2.09 per share and it actually produced earnings of $2.11 per share, delivering a surprise of 0.96%.

Price and EPS Surprise

For UnitedHealth, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

UnitedHealth has an Earnings ESP of +7.71% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #2 (Buy), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on July 16, 2026.

Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.

Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Chevron (CVX - Free Report) , which belongs to the Zacks Oil and Gas - Integrated - International industry, could be a great candidate to consider.

This oil company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 29.41%.

For the last reported quarter, Chevron came out with earnings of $1.41 per share versus the Zacks Consensus Estimate of $0.92 per share, representing a surprise of 53.26%. For the previous quarter, the company was expected to post earnings of $1.44 per share and it actually produced earnings of $1.52 per share, delivering a surprise of 5.56%.

Price and EPS Surprise

Thanks in part to this history, there has been a favorable change in earnings estimates for Chevron lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Chevron currently has an Earnings ESP of +0.86%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner. We expect the company's next earnings report to be released on July 31, 2026.

Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.

Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Key Points

Seabourn's Ruby Collection features 54 voyages in 2028 across its five-ship ocean and expedition fleet, commemorating the line's 40th anniversary, or "Ruby Jubilee." Voyages span the Caribbean, Mediterranean, Southeast Asia, Japan, Alaska, Northern Europe, the Arctic, and Antarctica. They range from seven-day Yachtsman yacht-harbor sailings in the Caribbean and Mediterranean to a 120-day "Cape to Cape" World Cruise and a 96-day Grand Expedition: Pole to Pole. New ports include Taichung and Tainan in Taiwan, and Petersburg, Valdez, and the Chiswell Islands in Alaska, as well as maiden expedition calls at Tvøroyri in the Faroe Islands and Cape Clear Island in Ireland. New and distinctive experiences include Taiwan's Pingxi Sky Lantern Festival, an eight-day pre-cruise Denali Experience in Alaska, and Seabourn's return to the historic Basque port of Red Bay, Canada. All Ruby Collection voyages are now open for booking. , /PRNewswire/ -- Seabourn has revealed "The Ruby Collection," a curated series of 54 voyages in 2028 to commemorate the line's 40th anniversary. Spanning its fleet of five luxury ships, the collection features enhanced onboard offerings, exclusive experiences, and access to destinations where larger ships cannot reach.

From yacht harbors to polar regions, the Ruby Collection commemorates Seabourn’s Ruby Jubilee with Yachtsman sailings, newly designed itineraries and notable voyages Now open for booking, the Ruby Collection spans the Caribbean, Mediterranean, Southeast Asia, Japan, Alaska, Northern Europe, the Arctic, and Antarctica. Notable voyages include: a 120-day "Cape to Cape" World Cruise departing January 7, 2028; the line's second Grand Expedition: Pole to Pole, a 96-day journey from the High Arctic to Antarctica; a Yachtsman Collection of Caribbean and Mediterranean voyages returning to the intimate harbors that inspired the line's founding; and newly curated itineraries designed around seasonal cultural moments in Japan, Southeast Asia, and beyond.

"Some journeys stay with travelers forever," said Mark Tamis, president of Seabourn. "Our own journey began in 1988 when we redefined cruising with the world's first fleet of luxury small ships, designed to feel like private yachts. As we celebrate 40 years of exploration, that same pioneering spirit shapes The Ruby Collection, featuring voyages across our ocean and expedition fleet that reflect where we began while pushing further into the places and experiences that define what exploration means with Seabourn."

The Yachtsman Collection
The Yachtsman Collection revisits the vision that launched The Yachts of Seabourn in 1988: intimate ships built for relaxed elegance and access to harbors beyond the reach of larger vessels. The voyages concentrate on smaller Mediterranean and Caribbean ports, with extended time ashore and unhurried days at sea.

The collection leans on the destinations and events that distinguish Seabourn from larger-ship competitors. Itineraries call at secluded yacht havens including Bequia, Martinique, and British Virgin Islands, and pair coastal exploration in Corsica and Sardinia with signature experiences such as Caviar in the Surf at Carambola Beach, St. Kitts and Shopping with the Chef market visits in select ports. Several sailings build in evening stays, including an overnight in Portofino and time on Pátmos to visit the Monastery of St. John.

In the Caribbean, Seabourn Ovation operates a series of seven- to 14-day yacht-harbor voyages between Sint Maarten and Barbados, among them itineraries through the ABC Islands of Aruba, Bonaire, and Curaçao. Two New Year's itineraries culminate in a New Year's Day Caviar in the Surf celebration as Seabourn Ovation and Seabourn Quest converge at Carambola Beach, St. Kitts.

In the Mediterranean, Seabourn Ovation runs a series of seven-day yacht-harbor sailings across the Aegean Sea, the Côte d'Azur, the Dalmatian Coast, and the islands of Sardinia and Corsica. The itineraries feature Seabourn's signature Marina Day, when the ship's retractable marina opens to the sea for complimentary watersports.

New & Distinctive
From new ports to innovative itinerary combinations, the Ruby Collection features newly designed voyages and experiences created specifically for the Ruby Jubilee, extending Seabourn's reach from the fjords of Greenland to the festivals of Taiwan.

Southeast Asia & Japan
Seabourn Encore sails a series of Southeast Asia and Japan itineraries built around overnights in Shanghai, Osaka, and Kobe, and new Taiwan port calls at Taichung and Tainan. One voyage is timed to Taiwan's Pingxi Sky Lantern Festival, staged after a visit to the mountain town of Shifen, while Shopping with the Chef excursions take guests through regional markets from Nagasaki to Kagoshima. Alaska
Seabourn Encore returns to Alaska with itineraries timed to the extended daylight of the summer solstice, adding maiden calls to Petersburg, Valdez, and the Chiswell Islands. The season offers an eight-day pre-cruise Denali Experience, combining rail travel into Denali National Park, a flightseeing excursion, and a farewell dinner in Juneau. Canada & New England
On Seabourn Quest, a new Canada and New England itinerary marks Seabourn's return to Red Bay, with an overnight in St. John's, Newfoundland, and scenic cruising along the St. Lawrence River. Northern Europe, the Arctic and the Canadian Maritimes
Seabourn Venture and Seabourn Pursuit expand the line's exploration of the North. A round-trip Reykjavík expedition dedicates six days to Svalbard, home to the Arctic's largest concentration of polar bears, with 199 guests aboard. New expedition itineraries linking Iceland and the British Isles add three port calls in the Faroe Islands, including a maiden call at Tvøroyri, along with the capital of Tórshavn and a Zodiac landing at Klaksvík. A maiden call at Cape Clear Island, Ireland, brings guests to the cliffs of Mizen Head. Farther west, expedition voyages trace the Greenland coast to Nanortalik and reach the Torngat Mountains and the Labrador coast. South America & Antarctica
Seabourn's expedition ships extend deeper into the Southern Hemisphere, with itineraries that combine Antarctica with the Juan Fernández Islands and Chilean Fjords, or with the Falklands, South Georgia, and Brazil. A 34-day voyage will cross the Atlantic Ocean, with visits to Port Stanley in the Falkland Islands, South Georgia, and the remote islands of Saint Helena and Tristan da Cunha - the most remote inhabited island in the world - along with scenic cruising from Seabourn Venture around Boatswain Bird Island. The season emphasizes expedition access, with Zodiac and kayak exploration, penguin colonies, and landings on remote Antarctic shores. 2028 Cape to Cape World Cruise
The centerpiece of The Ruby Collection is the 120-Day "Cape to Cape" World Cruise. Departing January 7, 2028, Seabourn Quest will traverse more than 26,000 nautical miles, visiting 58 destinations across 23 countries on five continents, with immersive exploration in destinations such as Antarctica, Easter Island, the Falkland Islands, and Cape Town. The voyage begins with a transit of the Panama Canal, a nod to Seabourn's very first sailing. A 112-day option from Miami to Lisbon is also available.

For the first time, guests will enjoy complimentary expedition-style experiences as part of a World Cruise itinerary, led by an 18-person expedition team. These immersive adventures will be available in Antarctica, Chilean Fjords, and other select locations, bringing guests closer to the continent's stunning landscapes and wildlife.

2028 Grand Expedition: Pole to Pole
In a defining moment for the brand during its 40th anniversary year, Seabourn Venture will once again unite the world's northernmost and southernmost frontiers with a 96-day voyage departing August 16, 2028, sailing from the Arctic to Antarctica across more than 20,500 nautical miles and 147 degrees of latitude. The journey begins in the High Arctic, exploring Ellesmere Island, one of the world's northernmost and most remote frontiers. Along the way, guests experience wildlife sightings and expedition landings across 14 countries and territories, including five days in Antarctica, three in South Georgia, and three in the Falkland Islands. An 82-day Arctic to Antarctica option is also available, departing August 30, 2028.

Returning Favorites
The Ruby Collection also brings back guest favorites that have anchored the Seabourn experience for nearly four decades. Baltic itineraries return alongside established routes across Alaska, the British Isles, Southeast Asia, and Antarctica, from the glacier-lined Inside Passage and the Scottish Isles to the Northwest Passage and the wildlife-rich waters of South Georgia and the Falkland Islands.

Exclusive: The Atlantic
In 2028, as Seabourn celebrates its 40th anniversary, the line debuts a first-of-its-kind collaboration with The Atlantic, inspired by their annual Atlantic Festival. The "12-Day with The Atlantic: A Seabourn Conversations Exclusive" sailing departs October 4, 2028, on Seabourn Quest from Montréal to Boston, bringing leading thinkers and cultural voices on board for dynamic programming curated exclusively for Seabourn guests, with rare opportunities for direct dialogue at sea. As part of the Ruby Jubilee, this partnership expands Seabourn's flagship Seabourn Conversations enrichment program.

Celebrating 40 Years on Every Sailing
Throughout 2028, every Seabourn sailing will feature special onboard enhancements inspired by the Ruby Jubilee, from specialty events and signature celebrations to themed entertainment and enrichment inspired by eras past. The Ruby Collection voyages will feature additional celebratory touches designed to bring Seabourn's 40-year story to life on board. Seabourn will share additional details as they become available.

Frequently Asked Questions
What is the Ruby Collection?
The Ruby Collection is a series of 54 voyages sailing in 2028 to mark Seabourn's 40th anniversary, or Ruby Jubilee. It spans the line's five-ship ocean and expedition fleet and brings together heritage-inspired Yachtsman sailings, newly designed itineraries and ports, returning guest favorites, and landmark voyages including the "Cape to Cape" World Cruise and the Grand Expedition: Pole to Pole.

What voyage lengths are available?
Voyages range from seven-day yacht-harbor sailings in the Caribbean and Mediterranean to a 120-day World Cruise and a 96-day Grand Expedition, with a wide range of ocean and expedition itineraries in between.

Where do the voyages travel?
Itineraries span the Caribbean, Mediterranean, Southeast Asia, Japan, Alaska, Northern Europe, the Arctic, and Antarctica, with new ports in Taiwan, Alaska, the Faroe Islands, and Ireland.

What is included on board?
Seabourn voyages are all-inclusive, with all-suite oceanfront accommodations, complimentary premium spirits and fine wines, gratuities included, and signature events such as Caviar in the Surf, Marina Day, and Shopping with the Chef.

For reservations or more details, please call Seabourn at 1-800-929-9391, visit www.seabourn.com or contact a professional travel advisor.

About Seabourn:
Seabourn represents the pinnacle of luxury ocean and expedition travel and operates a suite of five modern ships. The all-inclusive, boutique ships offer all-suite accommodations with oceanfront views; award-winning dining; complimentary premium spirits and fine wines available at all times; renowned service provided by an industry-leading crew; a relaxed, sociable atmosphere that makes guests feel at home; a pedigree in expedition travel through the Ventures by Seabourn program and two new luxury purpose-built expedition ships, including Seabourn Venture that launched in 2022 and Seabourn Pursuit in 2023. Seabourn takes travelers to every continent on the globe, visiting more than 400 ports including marquee cities and lesser-known ports and hideaways. Guests of Seabourn experience extraordinary offerings and programs, including partnerships with leading entertainers, dining, personal health and wellbeing, and engaging speakers.

Seabourn is part of Carnival Corporation, the world's largest cruise company with a portfolio of cruise lines operating in over 800 ports and destinations worldwide. (NYSE: CCL).

Find Seabourn on X, Facebook, Instagram, YouTube and Pinterest. 

IMAGES HERE

SOURCE Seabourn

As data processing needs accelerate in 2026, many investors are deciding whether Digital Realty Trust (DLR +0.99%) or Equinix (EQIX 0.48%) is the better buy for long-term growth in the technology infrastructure space.

Digital Realty Trust provides massive data center solutions primarily for cloud and information technology service providers. Equinix operates a vast ecosystem that prioritizes interconnection, enabling more than 10,500 customers to connect their networks. Both companies operate as Real Estate Investment Trusts, offering exposure to essential technology through physical property ownership.

Digital Realty Trust sells colocation and interconnection solutions to a global customer base spanning finance, healthcare, and energy. It operates 309 data centers and recently expanded by acquiring a majority stake in several large data centers in Northern Virginia. To capitalize on its expanding development pipeline, the company recently completed a 12.3 million share secondary equity offering and acquired 1,440 acres near Kansas City.

For the fiscal year 2025, revenue reached nearly $6.1 billion, representing a 10.0% increase over the previous year. Net income for the period was nearly $1.3 billion, which was a significant increase from the roughly $602.5 million reported in the prior year. This resulted in a net margin of approximately 21.4% for the fiscal year 2025.

As of its December 2025 balance sheet, the debt-to-equity ratio was roughly 1.1x. This metric measures total debt against shareholder equity, with a lower number typically indicating less reliance on borrowed funds. The current ratio, which measures the ability to cover short-term obligations with short-term assets, was approximately 4.5x. Free cash flow reached nearly $2.4 billion, representing the cash remaining after the company paid for capital expenditures. This liquidity supports the company's long-term real estate investing strategy.

The case for EquinixEquinix manages 280 data centers across 36 countries, focusing on interconnection services that help enterprises deploy hybrid cloud environments. It serves a diverse group of customers, including Nvidia (NVDA 0.69%) and Cisco (CSCO 4.23%), with no single client accounting for more than 10% of total revenue. In 2026, the firm emphasized the deployment of artificial intelligence through several high-profile partnerships and the planned acquisition of Nordic operator atNorth.

During FY 2025, the company generated revenue of approximately $9.3 billion, a growth of nearly 5.9% compared to the prior year. Net income for the fiscal period was roughly $1.4 billion, rising from the $815.0 million earned in the previous fiscal year. This translated to a net margin of close to 14.6% for the year.

According to the December 2025 balance sheet, Equinix had a debt-to-equity ratio of roughly 1.6x. The current ratio was approximately 1.3x, suggesting a narrower margin for covering short-term liabilities than its peers. For the fiscal year 2025, free cash flow was negative at nearly $400.0 million. This figure reflects significant cash spent on capital projects, exceeding cash generated from operations, as the company continued to build out its global platform.

Risk profile comparisonDigital Realty Trust faces risks due to its reliance on third-party utility providers for power and connectivity. Grid constraints and price volatility can impact the uptime of its data centers. The company also faces the risk of facility obsolescence as rapid advancements in artificial intelligence infrastructure increase power density requirements. Integrating large acquisitions, such as those involving Blackstone assets, carries risks of hidden liabilities. Furthermore, with close to $18.6 billion in debt, the firm is sensitive to interest rate fluctuations.

Equinix addresses potential bottlenecks in the AI supply chain, where shortages of specialized semiconductors may delay server deployments for customers such as Amazon. Rising global energy costs and constrained power grids also threaten its expansion capacity in high-demand regions. The company remains a target for sophisticated cybersecurity threats, including those driven by artificial intelligence. Equinix must also manage the complex integration of international acquisitions. Finally, ongoing litigation and securities class-action investigations could consume management resources and damage the firm's reputation.

Valuation comparisonEquinix trades at a lower forward P/E of nearly 58.9x based on future earnings estimates, while Digital Realty Trust carries a higher P/S ratio of 10.3x.

MetricDigital Realty TrustEquinixSector BenchmarkForward P/E85.5x58.9x32.7xP/S ratio10.3x10.8xSector benchmark uses the SPDR XLRE sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.

Which stock would I buy in 2026?Digital Realty and Equinix are both giants in the world of interconnected data centers, though they offer different business strategies. Both are benefiting from the massive AI build-outs. So which one is a better investment?

Equinix is the premier global interconnection and colocation provider. That means it builds gigantic data centers full of fiber-optic cables and server racks, then rents out the space to thousands of customers. Its focus on connectivity rather than square footage helps it earn higher margins. However, its valuation is high relative to its earnings, with much of its predicted upside already priced in.

Digital Realty takes a different approach. As a real estate investment trust (REIT), it owns data center campuses and leases them to major customers such as Amazon (AMZN +2.91%), Microsoft (MSFT +3.09%), and Alphabet (GOOGL +3.55%) (GOOG +3.91%) under long-term contracts. Those leases help generate predictable cash flow, and because REITs must distribute at least 90% of their taxable income as dividends, shareholders receive a higher yield than they would from Equinix.

If I had to choose one of these companies, I would select Digital Realty because its REIT structure and higher dividend make it an appealing source of passive income. But considering both companies' premium valuations, I would prefer to build a position gradually rather than buy in all at once.

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at M&T Bank Corporation (MTB - Free Report) , which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. M&T Bank Corporation currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for MTB that show why this company shows promise as a solid momentum pick.

A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.

For MTB, shares are up 1.45% over the past week while the Zacks Banks - Major Regional industry is up 1.35% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 5.91% compares favorably with the industry's 5.91% performance as well.

While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of M&T Bank Corporation have increased 10.48% over the past quarter, and have gained 22.59% in the last year. On the other hand, the S&P 500 has only moved 8.52% and 21.6%, respectively.

Investors should also pay attention to MTB's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. MTB is currently averaging 1,056,760 shares for the last 20 days.

Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with MTB.

Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost MTB's consensus estimate, increasing from $18.62 to $18.81 in the past 60 days. Looking at the next fiscal year, 4 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineTaking into account all of these elements, it should come as no surprise that MTB is a #2 (Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep M&T Bank Corporation on your short list.

M&T Bank Corporation (MTB) Q2 2026 Earnings Call July 15, 2026 8:00 AM EDT

Company Participants

Steven Wendelboe - Senior Vice President of Investor Relations
Daryl Bible - Senior EVP & CFO

Conference Call Participants

Manan Gosalia - Morgan Stanley, Research Division
L. Erika Penala - UBS Investment Bank, Research Division
John Pancari - Evercore ISI Institutional Equities, Research Division
Gerard Cassidy - RBC Capital Markets, Research Division
Kenneth Usdin - Bernstein Autonomous LLP
Ebrahim Poonawala - BofA Securities, Research Division
Matthew O'Connor - Deutsche Bank AG, Research Division
David Chiaverini - Jefferies LLC, Research Division
Christopher McGratty - Keefe, Bruyette, & Woods, Inc., Research Division

Presentation

Operator

Welcome to the M&T Bank Second Quarter 2026 Conference Call. [Operator Instructions]

Please be advised that today's conference is being recorded.

I would now like to hand the conference over to Steven Wendelboe, Senior Vice President of Investor Relations. Please go ahead.

Steven Wendelboe
Senior Vice President of Investor Relations

Thank you, Chelsea, and good morning. I'd like to thank everyone for participating in M&T's Second Quarter 2026 Earnings Conference Call. If you have not read the earnings release we issued this morning, you may access it along with the financial tables and schedules by going to our Investor Relations website at ir.mtb.com.

Also, before we start, I'd like to mention that today's presentation may contain forward-looking information. Cautionary statements about this information are included in today's earnings release materials and in the investor presentation as well as our SEC filings and other investor materials. The presentation also includes non-GAAP financial measures as identified in the earnings release and investor presentation. The appropriate reconciliations to GAAP are included in the appendix.

Joining me on the call this morning is M&T's Senior Executive Vice President and CFO, Daryl Bible. Now I'd like to turn the call over to Daryl.

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Two of the market’s most talked-about AI plays sit on very different footings this summer. Palantir (NASDAQ:PLTR | PLTR Price Prediction) has cooled after a torrid run, while AMD (NASDAQ:AMD) has ripped higher on accelerating Data Center demand.

Our proprietary model has a buy on both, but the upside profiles differ meaningfully. Our 24/7 Wall St. price target for PLTR is $161.23, implying 20.57% upside from $133.72. For AMD, the 24/7 Wall St. price target is $605.85, or 10.53% above $548.13. Confidence on both at 90%.

Metric PLTR AMD Current Price $133.72 $548.13 24/7 Wall St. Price Target $161.23 $605.85 Upside 20.57% 10.53% Recommendation BUY BUY Confidence 90% 90% How Palantir and AMD Got Here in 2026 Palantir is down 24.77% year to date and 10.35% over one year, well off its 52-week high of $207.52. Q1 2026 revenue hit $1.63 billion, up 84.7% YoY, with adjusted EPS of $0.33 beating estimates for the eighth straight quarter. CEO Alex Karp raised full-year guidance to 71% growth and touted a Rule of 40 score of 145%.

AMD is the opposite: up 155.94% YTD and 274.82% over one year. Q1 2026 revenue reached $10.25 billion (+37.85%), with Data Center contributing $5.78 billion (+57%). Q2 guidance calls for roughly $11.2 billion.

The Bull Case for Both AI Names PLTR bulls point to the $3.22 billion U.S. Commercial revenue guide (+120%), 46% GAAP operating margins, and $4.2 to $4.4 billion in projected adjusted free cash flow. Our bull-case one-year target is $203.13, a 51.91% return.

AMD bulls cite hard commitments: OpenAI’s 6GW deployment, Meta’s 1GW MI450 rollout, and Oracle’s 27,000-node cluster. Our AMD bull case reaches $636.61, or 16.14%.

What Could Go Wrong For Palantir, valuation is the elephant. A trailing P/E near 143 leaves no cushion, and Polymarket traders assign only 61.5% odds to closing above the current level this week. Our bear case sits at $141.58. Bulls counter that high stock-based compensation ($201.6 million in Q1) reflects growth-stage hiring.

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AMD’s downside is dominated by China export uncertainty on MI308 and NVIDIA’s grip on the AI accelerator market. Our AMD bear case is $464.38, a 15.28% loss. Wall Street is bullish on the stock. Rosenblatt raised the firm’s price target on AMD to $665 from $490 and keeps a Buy rating on the shares while UBS analyst Timothy Arcuri raised the price target to $700 from $670 and keeps a Buy rating.

How PLTR and AMD Stack Up Against NVIDIA and Snowflake NVIDIA (NASDAQ:NVDA) is the natural yardstick for AMD. NVIDIA posted Q1 FY27 revenue of $81.6 billion (+85.2%), and trades at a P/E of roughly 43. AMD’s 185 trailing multiple makes our AMD target look aggressive on absolute valuation but reasonable given AMD’s earnings ramp is still early.

Snowflake (NYSE:SNOW) is the closer read on PLTR. Snowflake grew Q1 FY27 revenue 33.5% to $1.39 billion with a 126% net retention rate, yet trades at a market cap under $100 billion versus Palantir’s roughly $311 billion. Palantir’s premium is earned by faster growth and 46% margins, making our $161.23 target appropriate.

Our Verdict on PLTR and AMD Our 24/7 Wall St. price target model is constructive on both: $161.23 on PLTR (Buy, 90% confidence) and $605.85 on AMD (Buy, 90% confidence).

The PLTR thesis strengthens if U.S. Commercial keeps compounding above 120%. The AMD thesis weakens if MI450 customer forecasts slip or China restrictions tighten.

Year PLTR Target AMD Target 2026 $161 $606 2027 $179 $647 2028 $198 $695 2029 $217 $740 2030 $236 $788 These projections assume both companies execute on current AI-driven growth trajectories. Meaningful upside or downside could come from a China export-control resolution for AMD or sustained triple-digit U.S. Commercial growth at Palantir.

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Contact [email protected] for any questions or corrections.

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The Direxion Daily Semiconductor Bear 3X Shares (NYSEARCA:SOXS) is up again today, climbing roughly 11% as memory chip stocks lead a broad semiconductor pullback. The move is a mirror image of what is happening under the hood: Micron Technology (NASDAQ:MU | MU Price Prediction) is down about 8% intraday and SK Hynix (NASDAQ:SKHY) is down 11%, dragging the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) down with them, and SOXS is designed to deliver three times the daily inverse of that basket. So, when chips are down by a certain amount, SOXS is generally up about 3x that (and vice versa).

The Trigger: A Chinese DRAM IPO Reprices the Competitive Map According to reporting from Barron’s, Chinese memory maker CXMT (ChangXin Memory Technologies) is set to begin taking orders for a listing on Shanghai’s STAR Market, aiming to raise roughly $8.5 billion, nearly double its initial target, at an implied market capitalization over $80 billion. That is a much larger war chest than investors expected for the country’s leading DRAM producer.

Why it lands so hard on Micron and SK Hynix: DRAM is a near-oligopoly. Three companies, Micron, Samsung, and SK Hynix, have historically controlled the bulk of global supply. CXMT is the world’s fourth-largest DRAM manufacturer, with DRAM share that roughly tripled year over year to about 8% in Q1, per Counterpoint Research. That is still well behind Micron at around 22% DRAM share, but the direction of travel is what spooked memory investors this morning. A well-funded fourth player with a mandate to keep expanding capacity is exactly what a supply-constrained market does not want to see.

There is an important limit that keeps this from being an existential threat. CXMT is constrained by US sanctions that curb its access to the most advanced chipmaking equipment, so it cannot easily supply US customers or produce the most advanced high-bandwidth memory (HBM) that powers AI servers. HBM is the fastest-growing, highest-margin corner of DRAM, and it remains the domain of Micron and the two Korean incumbents. Still, more Chinese standard-DRAM supply pressures pricing across the industry, and Micron generates the large majority of its revenue from DRAM, including HBM.

Why the Selloff Is Notable Given Micron’s Fundamentals The competitive-share worry is hitting a stock that has been one of the year’s biggest AI beneficiaries. Micron is up roughly 245% year to date and about 730% over the past year, and the company most recently reported fiscal Q3 2026 revenue of $41.46 billion, up 346% year over year, with non-GAAP EPS of $25.11. CEO Sanjay Mehrotra said the results “reflect the strategic value of memory in the AI era” and guided Q4 revenue to $50 billion, plus or minus $1 billion, with gross margin near 86%. The stock carries a market capitalization of roughly $1 trillion and trades at about 6 times forward earnings, with a consensus analyst price target of $1,486. The fundamental picture remains intact. What changed today is the perceived competitive slope.

SK Hynix just listed in the USA as an ADR; its price is suffering today from the same DRAM competition fears plus profit-taking after a strong memory rally. When the two largest DRAM suppliers by market value both drop together, the semiconductor index has nowhere to hide, and that is precisely the setup SOXS is built to profit from on a single-day basis.

The Leverage Warning: SOXS Is a Short-Term Tactical Vehicle Today’s pop is dramatic, but it sits inside a brutal trend. Even with today’s pop and an amazing one-month return of over 1,000%, SOXS is still down 22% YTD, 66% over the last year, and 99.7% over the last five years, per Yahoo Finance.

Leveraged and inverse funds compound daily, which means a choppy but rising underlying index produces significant volatility drag on the inverse side. SOXS amplifies moves in both directions, and over any period longer than a single session the path matters as much as the destination. It is a short-term tactical vehicle for traders who want to press a specific view on chips over hours or days, or a hedging overlay for a semiconductor-heavy book. For anyone thinking about the AI hardware trade over a longer horizon, 24/7 Wall St. maintains a broader look at the names driving it in its 7 Stocks Powering the AI Boom research.

What to Watch Next The near-term question for memory stocks like Micron and SK Hynix, and therefore SOXS, is whether the CXMT overhang is a one-day repricing or the start of a rerating of DRAM’s supply outlook. Micron’s HBM franchise, where the company noted HBM4 in high-volume shipments and HBM4E targeting calendar 2027 volume production, remains outside CXMT’s reach under current export controls. If pricing on standard DRAM holds and HBM demand from AI accelerator makers stays firm, today’s move looks more like a sentiment shock than a fundamentals event. If Chinese capacity ramps faster than expected, the memory cycle’s next leg gets more complicated, and vehicles like SOXS will keep drawing tactical flows on the down days.

Contact [email protected] for any questions or corrections.

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$8.5 billion. That is what Chinese memory maker ChangXin Memory Technologies, or CXMT, is set to raise in its Shanghai STAR Market listing, nearly double its initial target, at an implied market cap near $85.5 billion. The proceeds represent an incoming war chest, not yet in the bank, earmarked to expand production of the same commodity DRAM chips that make up a huge portion of Micron Technology (NASDAQ:MU | MU Price Prediction)’s business.

What It Means Micron is a DRAM company first.  CXMT’s DRAM market share roughly tripled year over year to about 8% in the first quarter, per Counterpoint Research, still well behind Micron’s roughly 22%, but a triple in a year is still an amazing trajectory. That’s unnerving investors, especially as the fresh capital should enable CXMT to invest in further closing the gap. Commodity DDR4 and DDR5 used in PCs, servers, and smartphones is exactly where a well funded Chinese entrant can press hardest, and it is exactly the pool Micron swims in outside the United States.

Of course, it’s worth noting that CXMT is subject to US sanctions that curb its access to the most advanced chipmaking equipment, which limits its ability to supply US customers and to make the most advanced high-bandwidth memory (HBM) that powers AI servers. That caps the near-term damage. It does not eliminate the pressure on standard DRAM pricing that Micron needs to hold to defend the fat margins it just printed.

How fat? Q3 FY26 came in at $41.5 billion in revenue, non-GAAP EPS of $25.11, and GAAP gross margin of 84.6% versus 37.7% a year ago. Operating income ran $33.3 billion. Those margins are the prize CXMT is aiming at, even if it never touches HBM.

Market Reaction Not surprisingly, Micron traded down sharply on the news, with shares off 7% as of the time of this writing. The move is not solely about CXMT. Memory names sold off across the board (SK Hynix’s (NASDAQ:SKHY) US-listed ADR is down 9% on the day as well) as traders locked in a strong run, but the DRAM competition headline sat squarely at the center of the narrative.

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Part of the problem here is that Micron is up over 240% year to date and 730% over one year as of yesterday. A rerating of that scale needs the fundamentals to keep sprinting. Q4 guidance says they will: $50 billion ± $1 billion in revenue and non-GAAP EPS of $31.00 ± $1.00. That guidance assumes DRAM pricing holds. A better-funded CXMT is a direct threat to that assumption in the commodity segment where Micron cannot hide behind HBM.

Then look at the capital intensity of Micron’s own defense. Capital expenditures hit $7.8 billion in Q3 alone, up 166.37% year over year. CEO Sanjay Mehrotra framed it directly: “Micron is investing at record levels in technology, products and supply to address our customers’ rapidly growing demand.” Record capex is the price of staying ahead. It is also the number that CXMT’s IPO proceeds are designed to match on the low end of the technology ladder. The AI leg of the story hinges on a small number of buyers whose orders can flex.

SK Hynix looks insulated today as the DRAM revenue leader that dominates HBM. The longer term question, several years out, is whether a funded CXMT can close the technology gap under sanctions. If it does, the pressure eventually reaches the largest incumbents too.

Bottom Line For long term holders, the CXMT raise highlights that these competitive threats are intensifying. Micron’s Q3 numbers are the peak of an AI memory cycle, and the stock has been priced accordingly. The $8.5 billion raise is the first hard evidence that the competitive equation on commodity DRAM is changing in the background. The next catalyst is fiscal Q4 2026 earnings, when management’s confidence in that $50 billion revenue guide meets the first questions about what a bigger CXMT means for pricing into calendar 2027. That is the number to watch – and we’ll all be waiting.

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Key Takeaways Intuitive Surgical is relying on technology, clinical evidence and its ecosystem to defend market leadership.ISRG uses da Vinci 5 and refurbished XiR to serve different budgets while protecting premium positioning.Intuitive Surgical emphasizes value, training, AI tools and services instead of competing on price. Intuitive Surgical (ISRG - Free Report) is navigating an increasingly competitive robotic surgery landscape as domestic Chinese manufacturers, European innovators and large global medtech companies expand their presence. Management acknowledged persistent competitive and pricing pressures in China, particularly amid lower tender activity and policy-driven pricing. The company, however, remains confident that it can preserve its leadership through differentiated technology, strong clinical evidence and a comprehensive ecosystem, rather than competing solely on price.

A key pillar of Intuitive Surgical's strategy is a tiered product portfolio that addresses varying customer budgets without diluting its premium positioning. The flagship da Vinci 5 targets hospitals seeking advanced capabilities such as Force Feedback, AI-enabled digital features and higher utilization, while the refurbished Xi (XiR) platform serves cost-sensitive markets, particularly outside the United States.

Management believes XiR offers a compelling value proposition because customers receive access to the full Intuitive Surgical ecosystem — including instruments, software, services and training — at a more affordable price point. This segmentation allows the company to compete across multiple price tiers while protecting margins on its latest-generation platform.

Rather than engaging in price wars, Intuitive Surgical continues to focus on value-based selling. Management said customer discussions increasingly focus on the overall value of a robotic surgery program — including improved patient outcomes, greater procedural efficiency, higher utilization and expansion of minimally invasive surgery — rather than the upfront purchase price of a robot. The company is also tailoring pricing and commercial strategies by geography while working with policymakers to strengthen reimbursement frameworks and demonstrate long-term clinical and economic benefits.

Perhaps Intuitive Surgical's strongest competitive moat remains its ecosystem. Beyond a large installed base, the company offers integrated surgeon training, digital services through My Intuitive+, telepresence capabilities, clinical evidence generation and AI-driven innovations powered by real-world surgical data. Management believes this combination of technology, outcomes data, service infrastructure and customer support creates a durable competitive advantage that will be difficult for newer entrants to replicate as global competition intensifies.

Peer UpdatesGlobus Medical (GMED - Free Report) is defending its position in robotic spine surgery by combining differentiated technology with a broader procedural ecosystem rather than competing on hardware alone. Management emphasized that ExcelsiusGPS continues to benefit from its ground-up design, navigation-based workflow, ease of use and proven reliability across nearly 130,000 robotic procedures. The company stated that newer competing systems are yet to match its accuracy and workflow efficiency.

GMED is also strengthening its moat through robotics pull-through, flexible leasing and rental models that expand placements while driving recurring implant revenues. Integration of patient-specific implants, navigation, robotics and surgical intelligence into a closed-loop ecosystem further differentiates Globus Medical, while aggressive surgeon recruitment and cross-selling help capture market share despite intensifying competition from Medtronic and other entrants.

Stereotaxis (STXS - Free Report) is responding to intensifying competition by transforming itself from a single-product robotics company into a comprehensive endovascular robotics platform. Rather than relying on its legacy robotic system, the company has launched GenesisX, MAGiC robotic ablation catheters and the Synchrony digital surgery cockpit, reducing its historical dependence on Johnson & Johnson while expanding recurring revenue opportunities.

Management believes GenesisX's ability to operate in existing catheter labs without construction significantly broadens its addressable market. At the same time, investments in AI, automation, wireless robotic platforms and the Robocath acquisition position Stereotaxis to compete across electrophysiology, neurovascular and cardiovascular interventions. By building an integrated ecosystem of robotics, proprietary devices and digital intelligence, the company aims to create a differentiated long-term competitive position despite growing global competition.

ISRG’s Price Performance, Valuation and EstimatesShares of ISRG have lost 32.9% so far this year compared with a 13% decline for the industry.

Image Source: Zacks Investment Research

From a valuation standpoint, Intuitive Surgical trades at a forward price-to-earnings ratio of 34.18X, above the industry average. But, it is still lower than its five-year median of 69.50X. ISRG carries a Value Score of D.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Intuitive Surgical’s 2026 earnings implies a 16.6% rise from the year-ago period’s level.

Image Source: Zacks Investment Research

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

Taiwan Semiconductor Manufacturing (NYSE:TSM) looks to hit new all-time highs with a strong earnings report Thursday before market open.

Here are the earnings estimates and key items to watch.

Taiwan Semiconductor Manufacturing Q2 Earnings EstimatesAnalysts expect TSM to report second-quarter revenue of $39.76 billion, up from $30.07 billion in last year’s second quarter, according to data from Benzinga Pro.

The revenue estimate would mark a new company record, surpassing the $35.90 billion reported in the first quarter.

The company has beaten analyst estimates for revenue in 12 straight quarters.

Analysts expect TSM to report second-quarter earnings per share of $3.77, up from $2.47 in last year’s second quarter.

The company has beaten analyst estimates for earnings per share in more than 15 straight quarters.

Key Items to WatchTSM recently reported June revenue being up 6.2% month-over-month, with strong demand for AI chips cited as a reason for growth. The monthly revenue total was up 67.9% year-over-year.

The company is expected to give an update on its second half outlook for the rest of the year, which could impact the stock price and also impact the overall semiconductor market based on the health of demand.

Commentary on demand and costs could put the stock under pressure or send shares to new highs.

TSM stock is down 0.2% to $419.40 on Wednesday versus a 52-week trading range of $223.70 to $479.00. TSM stock is up 31.3% year-to-date in 2026 and up over 70% over the last 52 weeks.

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Key Takeaways Abbott is seeing strong growth in EPD, led by emerging markets and biosimilar expansion. ABT is resetting its Nutrition business through innovation and pricing action to support long-term growth. Abbott faces risks from higher costs, macro uncertainty and foreign exchange impacts on reported results. Strong momentum in Abbott Laboratories' (ABT - Free Report) Nutrition business is expected to support growth in the coming quarters. The company is driving solid growth in emerging markets within the Established Pharmaceuticals Division (“EPD”) business. However, currency fluctuations and dull macro scenario may restrict Abbott’s growth potential.

In the past year, this Zacks Rank #3 (Hold) company’s shares have lost 32.4% compared with the industry’s 27.5% decline. The S&P 500 composite has risen 23.3% in the same period. 

The leading at-home healthcare company has a market capitalization of $228.81 billion. Abbott beat on earnings in two of the trailing four quarters and matched in the other two, delivering an average surprise of 0.42%.

ABT’s TailwindsEPD Momentum Across Emerging Markets: Abbott’s EPD remains a steady contributor, supported by branded generics positions in faster-growing geographies. In the first quarter of 2026, EPD sales increased 13.2% on a reported basis and 9.0% on a comparable basis, with Key Emerging Markets up 9.4% on a comparable basis led by double-digit growth in several countries across Latin America and Asia Pacific. 

The company continues to focus on demand drivers such as chronic disease prevalence and expanding access to care, which support durable volume growth across therapy areas. It is also expanding its biosimilar portfolio, which should deepen its offering in key markets and help sustain above-market growth as the business scales.

Innovation-Led Reset in Nutrition: Abbott is working through a transition in Nutrition that is intended to restore a healthier balance between price and volume over time. In the first quarter of 2026, Nutrition sales declined 6.0% on a reported basis and 7.7% on a comparable basis, reflecting lower volumes and the impact of strategic pricing actions taken in the fourth quarter of 2025. Adult Nutrition remains an important franchise within the portfolio and a more consistent cadence of innovation, which should help it defend brand positions as category conditions normalize.

Image Source: Zacks Investment Research

What Ails ABT Stock?Macro and Cost Variability: Abbott continues to operate amid an uncertain macro backdrop that can influence input costs and demand patterns across categories. In the first quarter of 2026, selling, general and administrative expenses increased 22.2% year over year, partly reflecting acquisition-related items, and the company continues to incur incremental costs tied to European MDR and IVDR compliance. If pricing, mix or volumes weaken in areas such as Nutrition, Abbott may have less flexibility to offset these costs, which could weigh on profitability even with ongoing cost actions.

Foreign Exchange Can Swing Reported Results: Abbott’s large international revenue base makes reported growth sensitive to currency translation. Any reversal in currency trends would quickly reduce reported growth rates and complicate comparisons against expectations.

Abbott’s Estimate TrendThe Zacks Consensus Estimate for 2026 earnings per share has remained unchanged at $5.48 in the past 30 days.

The Zacks Consensus Estimate for 2026 revenues is pegged at $50.42 billion, indicating a 13.7% rise from the year-ago reported number.

Key PicksSome better-ranked stocks in the broader medical space are Globus Medical (GMED - Free Report) , Integra LifeSciences (IART - Free Report) and Phibro Animal Health (PAHC - Free Report) . 

Globus Medical has an earnings yield of 5.5%, well ahead of the industry’s negative 3% yield. Its earnings surpassed estimates in each of the trailing four quarters, the average surprise being 26.3%. The company’s shares have rallied 43.8% against the industry’s 4.8% decline over the past year.

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

Integra LifeSciences, carrying a Zacks Rank #2 at present, has an earnings yield of 16% against the industry’s negative 3% yield. Shares of the company have gained 22.8% compared with the industry’s 4.8% growth. IART’s earnings topped estimates in each of the trailing four quarters, the average surprise being 16.8%.

Phibro Animal Health, carrying a Zacks Rank #2 at present, has an earnings yield of 9.2% compared with the industry’s 2.8% yield. Shares of the company have climbed 43.1% against the industry’s 27.9% decline. PAHC’s earnings beat estimates in each of the trailing four quarters, the average surprise being 16.3%.

Key Takeaways HON's Process Automation and Technology organic revenues fell 6% in Q1 on weaker aftermarket sales.Honeywell expects the Middle East conflict to reduce Q2 sales by about 1%, weighing on the segment.HON completed its aerospace spin-off, sharpening its focus on industrial automation and capital allocation. Honeywell Technologies (HON - Free Report) has been witnessing weakness in the Process Automation and Technology segment. In the first quarter of 2026, the segment’s organic revenues decreased 6% on a year-over-year basis.

This decline was attributable to a 10% drop in organic sales in the aftermarket business owing to lower refining catalyst shipments and project delays. Also, reduced customer demand in the Middle East due to ongoing geopolitical tensions hurt its results. The conflict is likely to have hurt its Process Automation and Technology segment’s performance in the second quarter. HON anticipates the Middle East conflict to have an adverse impact on the segment's sales by 1% in the second quarter.

Nevertheless, growth in orders across petrochemical and refining verticals in the segment is expected to drive its long-term performance. The Process Technology segment’s orders grew 11% year over year in the first quarter.

It is worth noting that on June 29, Honeywell Technologies became a standalone public company following the spin-off of the Aerospace Technologies business from Honeywell International. The separation completed the company's multi-year portfolio restructuring, creating three independent publicly traded companies. With a sharper focus on industrial automation, Honeywell Technologies expects to benefit from improved operational focus, disciplined capital allocation and greater financial flexibility.

Business Performance of HON's PeersRBC Bearings Incorporated (RBC - Free Report) is witnessing strength in the Industrial segment (revenues increased 5.5% year over year in fourth-quarter fiscal 2026). Stable demand for RBC Bearings’ highly engineered bearings and precision components in food & beverage, semiconductor and warehousing markets bodes well for the segment.

Another peer, 3M Company (MMM - Free Report) , has been witnessing solid momentum in the Safety and Industrial segment, driven by strength in personal safety, industrial adhesives and tapes, and electrical markets. Stable demand for 3M’s electrical infrastructure products, like medium voltage cable accessories and insulation tapes, augurs well for the segment in the quarters ahead. Organic sales from 3M’s Safety and Industrial segment grew 3.2% year over year in the first quarter of 2026.

HON's Price Performance and ValuationFollowing the spin-off of the Aerospace business, Honeywell’s shares have lost 2.2% compared with the Zacks Diversified Operations industry’s 3.7% decline.

Image Source: Zacks Investment Research

From a valuation standpoint, HON is trading at a trailing price-to-earnings ratio of 25.09X, above the industry’s average of 15.05X. Honeywell carries a Value Score of F.

Image Source: Zacks Investment Research

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BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Intuit Inc. (“Intuit” or the “Company”) (NASDAQ: INTU) securities between August 22, 2025 and May 20, 2026, inclusive (the “Class Period”). Intuit investors have until September 8, 2026 to file a lead plaintiff motion.IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN INTUIT INC. (INTU), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN TH.

Investors interested in Computer - Software stocks are likely familiar with Intuit (INTU - Free Report) and Microsoft (MSFT - Free Report) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.

There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.

Right now, Intuit is sporting a Zacks Rank of #2 (Buy), while Microsoft has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that INTU likely has seen a stronger improvement to its earnings outlook than MSFT has recently. But this is just one factor that value investors are interested in.

Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.

Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.

INTU currently has a forward P/E ratio of 11.84, while MSFT has a forward P/E of 19.95. We also note that INTU has a PEG ratio of 0.79. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. MSFT currently has a PEG ratio of 1.17.

Another notable valuation metric for INTU is its P/B ratio of 3.74. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, MSFT has a P/B of 6.9.

Based on these metrics and many more, INTU holds a Value grade of B, while MSFT has a Value grade of C.

INTU is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that INTU is likely the superior value option right now.

New York, New York--(Newsfile Corp. - July 15, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Intuit Inc. (NASDAQ: INTU) between August 22, 2025 and May 20, 2026, inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 8, 2026.

SO WHAT: If you purchased Intuit securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Intuit class action, go to https://rosenlegal.com/cases/intuit-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 8, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) they had overstated Intuit's competitive advantages and growth, as well as the overall strength and sustainability of its business model and operations; (2) in reality, Intuit was losing significant business in its tax-related business, particularly in its Turbo Tax business, as a result of, inter alia, increasing competitive and pricing pressures; (3) accordingly, Intuit's previously issued full year ("FY") 2026 TurboTax revenue growth guidance was unreliable and/or unrealistic; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Intuit class action, go to https://rosenlegal.com/cases/intuit-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305286

Source: The Rosen Law Firm PA

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San Diego, California--(Newsfile Corp. - July 15, 2026) - The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Intuit Inc. (NASDAQ: INTU) securities between August 22, 2025 and May 20, 2026, both dates inclusive (the "Class Period"), have until September 8, 2026 to seek appointment as lead plaintiff of the Intuit class action lawsuit. Captioned Baldwin v. Intuit Inc., No. 26-cv-07086 (N.D. Cal.), the Intuit class action lawsuit charges Intuit and certain of Intuit's top executive officers with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Intuit class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-intuit-inc-class-action-lawsuit-intu.html

You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].

CASE ALLEGATIONS: Intuit provides financial management, payments and capital, compliance, and marketing products and services.

The Intuit class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) they had overstated Intuit's competitive advantages and growth, as well as the overall strength and sustainability of its business model and operations; (ii) in reality, Intuit was losing significant business in its tax-related business, particularly in its Turbo Tax business, as a result of, among other things, increasing competitive and pricing pressures; and (iii) accordingly, Intuit's previously issued 2026 TurboTax revenue growth guidance was unreliable and/or unrealistic.

On May 20, 2026, during pre-market hours, Reuters published an article entitled "Intuit to cut 17% of global jobs to streamline operations, memo shows," allegedly reporting that Intuit "is laying off about 17% of its workforce, or about 3,000 employees worldwide." On this news, the price of Intuit stock dropped nearly 4%, according to the complaint.

Later that day, during post-market hours, Intuit issued a press release announcing its fiscal third quarter 2026 results, allegedly reporting weak Q3 2026 tax season revenue, including that TurboTax revenue grew by only 7% year-over-year versus consensus estimates of at least 8% revenue growth. The Intuit class action lawsuit further alleges that on an accompanying conference call that day, Sasan K. Goodarzi, Intuit's Chairman and CEO, disclosed that TurboTax online paying units were expected to grow by only 2% as total Internal Revenue Service filers were expected to decline by approximately 30 basis points, representing the "most significant industry-wide contraction since the post-COVID tax season." On this news, the price of Intuit stock dropped over 20%, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Intuit securities during the Class Period to seek appointment as lead plaintiff in the Intuit class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Intuit class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Intuit class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Intuit class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

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Services may be performed by attorneys in any of our offices.

Contact:
Robbins Geller Rudman & Dowd LLP
Ken Dolitsky
Michael Albert
655 W. Broadway, Suite 1900, San Diego, CA 92101
800/851-7783
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305056

Source: Robbins Geller Rudman & Dowd LLP

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Investors might want to bet on Cummins (CMI - Free Report) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.

Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.

As such, the Zacks rating upgrade for Cummins is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Cummins imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.

Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for CumminsFor the fiscal year ending December 2026, this engine maker is expected to earn $29.35 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for Cummins. Over the past three months, the Zacks Consensus Estimate for the company has increased 12.6%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Cummins to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.