Track market-moving stories before they get noisy

Western Midstream (WES - Free Report) closed the most recent trading day at $45.74, moving +2.51% from the previous trading session. This move outpaced the S&P 500's daily loss of 0.79%. Meanwhile, the Dow experienced a drop of 0.26%, and the technology-dominated Nasdaq saw a decrease of 1.55%.

Shares of the oil and gas transportation and storage company witnessed a gain of 0.11% over the previous month, beating the performance of the Oils-Energy sector with its loss of 3.33%, and underperforming the S&P 500's gain of 4.28%.

Analysts and investors alike will be keeping a close eye on the performance of Western Midstream in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.85, signifying a 2.30% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $1.11 billion, up 17.75% from the prior-year quarter.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.44 per share and revenue of $4.45 billion. These totals would mark changes of +15.44% and +15.76%, respectively, from last year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Western Midstream. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, Western Midstream boasts a Zacks Rank of #3 (Hold).

With respect to valuation, Western Midstream is currently being traded at a Forward P/E ratio of 12.97. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 12.97.

It is also worth noting that WES currently has a PEG ratio of 1.88. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. WES's industry had an average PEG ratio of 1.64 as of yesterday's close.

The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 40, putting it in the top 17% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

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

CRH (CRH - Free Report) closed the most recent trading day at $102.71, moving -1.91% from the previous trading session. This change lagged the S&P 500's 0.79% loss on the day. On the other hand, the Dow registered a loss of 0.26%, and the technology-centric Nasdaq decreased by 1.55%.

The building material company's shares have seen a decrease of 1.66% over the last month, not keeping up with the Construction sector's gain of 2.79% and the S&P 500's gain of 4.28%.

The investment community will be paying close attention to the earnings performance of CRH in its upcoming release. The company is slated to reveal its earnings on July 30, 2026. The company is predicted to post an EPS of $1.96, indicating a 1.03% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $10.67 billion, up 4.57% from the year-ago period.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.92 per share and revenue of $39.84 billion, indicating changes of +6.28% and +6.39%, respectively, compared to the previous year.

Investors should also take note of any recent adjustments to analyst estimates for CRH. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, CRH holds a Zacks Rank of #3 (Hold).

In terms of valuation, CRH is currently trading at a Forward P/E ratio of 17.7. This indicates a discount in contrast to its industry's Forward P/E of 18.01.

We can additionally observe that CRH currently boasts a PEG ratio of 1.82. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Building Products - Miscellaneous industry was having an average PEG ratio of 1.54.

The Building Products - Miscellaneous industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 201, finds itself in the bottom 19% echelons of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

Neil Gregory Almstead, the chief technical ops officer of PTC Therapeutics, Inc. (PTCT 4.15%), sold 2,464 shares of common stock on July 9, 2026, at $90.25 per share, according to an SEC Form 4 filing.

Transaction summaryMetricValueTransaction value~$222,376Shares sold (direct)2,464Post-transaction shares (directly held)60,299Post-transaction shares (indirectly held)2,899Post-transaction value$5.66 millionTransaction value based on SEC Form 4 weighted average sale price ($90.25); post-transaction value based on July 09, 2026 market close ($89.55).

Key questionsWhat was the structural context of this disposal?
The transaction was part of a routine liquidity event conducted under a Rule 10b5-1 trading plan. The shares were sourced from an option grant issued on January 3, 2025, which is currently subject to a four-year vesting schedule. By utilizing a pre-established plan, the insider manages equity compensation in a manner that mitigates the potential for trading on material non-public information.How does this impact the insider’s total economic exposure?
While the sale involved 2,464 shares, Neil Gregory Almstead continues to hold a substantial interest in the company. In addition to the 63,198 shares of common stock held across direct and indirect accounts, the insider also holds 45,036 derivative securities, including vested and unvested awards, ensuring continued alignment with shareholder outcomes.What is the current operational and financial profile of the issuer?
PTC Therapeutics is a biopharmaceutical company focused on developing therapies for rare genetic disorders, maintaining a $7.0 billion market capitalization as of the July 10, 2026 market close. The firm reported trailing twelve-month revenue of $827.1 million and a net loss of $186.7 million, with an insider ownership base that represents 0.0762% of the company.Company OverviewMetricValueShare Price (as of market close 2026-07-10)$84.85Market Capitalization$7.0 billionRevenue (TTM)$827.1 millionNet Income (TTM)-$186.7 millionCompany SnapshotPTC Therapeutics develops and commercializes innovative therapies targeting rare genetic disorders, with a diversified portfolio of approved medications and experimental drug candidates across multiple stages of clinical development.The company generates revenue through the commercialization of approved therapeutic products while advancing a robust pipeline of novel drug candidates designed to address unmet medical needs in rare disease indications.PTC Therapeutics serves patients suffering from rare genetic disorders and their healthcare providers, focusing on therapeutic areas where there are significant unmet medical needs and limited treatment options.PTC Therapeutics is a biopharmaceutical enterprise with a market capitalization of $7 billion. The company has achieved TTM revenue of $827.1 million, demonstrating meaningful commercial traction in the rare disease therapeutics market. PTC's competitive differentiation lies in its specialized expertise in rare genetic diseases, coupled with a diversified pipeline spanning early-stage research through late-stage clinical development, positioning the company to capture significant value as pipeline candidates advance toward regulatory approval and commercialization.

What this transaction means for investorsWhen a technical-operations officer sells a stake this small on a schedule, there's simply nothing to decode. Almstead sold 2,464 shares under a preset plan, and they came straight off an option grant, so this is the routine way executives convert a sliver of vesting compensation into cash. He still holds 63,198 shares plus another 45,036 in options and awards, so the vast majority of his exposure is untouched.

Meanwhile, the company underneath is in the middle of a genuine commercial inflection. PTC posted first-quarter product revenue of $225.6 million, powered by its new PKU drug Sephience, which hit $124.6 million in sales, up 36% in a single quarter. Management raised full-year product guidance to between $750 million and $850 million, and CEO Matthew Klein pointed to sustained launch momentum in the U.S. and abroad. The company sits on roughly $1.89 billion in cash. For long-term investors, the real questions are whether Sephience's launch keeps compounding. More clarity on that front should be expected on July 29, when the firm reports fiscal 2026 third-quarter results.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of TSM 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.

Whenever investors are required to take on even modest amounts of risk, "best" is a subjective word. It means different things to different market participants, and that's true with energy stocks and any other corner of the equity market, for that matter.

For some, the best stock is simply the top-performing name. Others assess "best" in value terms, while some investors view leadership from an income perspective. On the note of dividends, there's Oneok (OKE +2.52%), an Oklahoma-based midstream powerhouse that's been in business for 120 years.

Image source: Getty Images.

The stock currently has a dividend yield 4.7%, which is enough to entice many income investors. Yield alone doesn't make any stock "good" or "the best." That said, Oneok is undoubtedly one of the energy sector's top dividend ideas. Here's why.

Oneok has the two Cs Dividend investing is a long-term style. When accounting for that, investors ought to consider the two Cs: commitment and consistency.

When evaluating dividend stocks, regardless of sector, investors should prioritize companies' commitments to their dividends and the consistency with which those payouts grow and are delivered. Oneok easily checks those boxes, highlighting why it's one of the best payout names in energy. 

Over the past 30 years, not only has this midstream company's payout been delivered uninterrupted, but it's also grown more than 14-fold. Over the past 12 years, Oneok's dividend growth easily trounced the payout growth rates of multiple C-Corp peers. The energy company is also clear about its dividend intentions, telling investors it expects to grow the payout at an annual rate of 3% to 4% while maintaining a payout ratio of 85% or lower. If inflation normalizes, Oneok's dividend growth would likely outpace rising consumer costs, fortifying the stock's status as one of the best energy dividend names.

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All of that sounds great, and it is, but astute investors know that, for energy dividend payers, payout consistency must be rooted in earnings growth, not taking on debt to fund shareholder rewards. This is another area in which Oneok shines as one of the best. The company holds investment-grade credit ratings and has a 12-year streak of growing earnings before interest, taxes, depreciation, and amortization (EBITDA).

There's no shortage of oil dividend stocks to consider, but they're not all cut of the same cloth. There are some questionable characters and, to borrow a phrase from "Top Gun," there are energy payout names that are the best of the best.

Oneok is in the latter camp, and that's not hyperbole. It's a claim supported by other fundamental factors, including smart deal-making that generated $500 million in savings to bolster the bottom line. Additionally, Oneok's capital spending is forecast to decline after this year. Throw in some significant tax deferments, and free cash flow could top $2 billion by 2027.

Plus, Oneok trades at a discount to peers, but if the company hits its cost-savings and deleveraging objectives, that gap could close in its favor, potentially generating significant upside for investors exclusive of the dividend.

Badger Meter (BMI - Free Report) ended the recent trading session at $140.12, demonstrating a -2.82% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.79%. Meanwhile, the Dow lost 0.26%, and the Nasdaq, a tech-heavy index, lost 1.55%.

The manufacturer of products that measure gas and water flow's stock has climbed by 9.45% in the past month, exceeding the Computer and Technology sector's gain of 3.44% and the S&P 500's gain of 4.28%.

The investment community will be closely monitoring the performance of Badger Meter in its forthcoming earnings report. The company is scheduled to release its earnings on July 22, 2026. In that report, analysts expect Badger Meter to post earnings of $1.01 per share. This would mark a year-over-year decline of 13.68%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $219.66 million, down 7.75% from the year-ago period.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.51 per share and a revenue of $909.27 million, representing changes of -5.85% and -0.81%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for Badger Meter. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. As of now, Badger Meter holds a Zacks Rank of #3 (Hold).

In the context of valuation, Badger Meter is at present trading with a Forward P/E ratio of 31.97. This expresses no noticeable deviation compared to the average Forward P/E of 31.97 of its industry.

We can also see that BMI currently has a PEG ratio of 2.58. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Instruments - Control industry was having an average PEG ratio of 1.95.

The Instruments - Control industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 48, positioning it in the top 20% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

In the latest trading session, Owens Corning (OC - Free Report) closed at $141.11, marking a -1.56% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.79% for the day. Elsewhere, the Dow saw a downswing of 0.26%, while the tech-heavy Nasdaq depreciated by 1.55%.

Shares of the construction materials company witnessed a gain of 18.04% over the previous month, beating the performance of the Construction sector with its gain of 2.79%, and the S&P 500's gain of 4.28%.

The upcoming earnings release of Owens Corning will be of great interest to investors. The company is forecasted to report an EPS of $3.02, showcasing a 28.27% downward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $2.67 billion, indicating a 2.75% downward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates are projecting earnings of $9.53 per share and revenue of $9.93 billion, which would represent changes of -20.91% and -1.68%, respectively, from the prior year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Owens Corning. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. As of now, Owens Corning holds a Zacks Rank of #3 (Hold).

Looking at its valuation, Owens Corning is holding a Forward P/E ratio of 15.05. This expresses a discount compared to the average Forward P/E of 18.01 of its industry.

Meanwhile, OC's PEG ratio is currently 2.6. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Building Products - Miscellaneous industry held an average PEG ratio of 1.54.

The Building Products - Miscellaneous industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 201, which puts it in the bottom 19% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

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

Sterling Infrastructure (STRL - Free Report) closed at $660.04 in the latest trading session, marking a -3.26% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.79%. Elsewhere, the Dow lost 0.26%, while the tech-heavy Nasdaq lost 1.55%.

The stock of civil construction company has fallen by 20.57% in the past month, lagging the Construction sector's gain of 2.79% and the S&P 500's gain of 4.28%.

Market participants will be closely following the financial results of Sterling Infrastructure in its upcoming release. The company is predicted to post an EPS of $5.2, indicating a 93.31% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $1.07 billion, up 74.03% from the prior-year quarter.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $19.12 per share and a revenue of $3.96 billion, representing changes of +75.74% and +59.15%, respectively, from the prior year.

Any recent changes to analyst estimates for Sterling Infrastructure should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Sterling Infrastructure currently has a Zacks Rank of #1 (Strong Buy).

In the context of valuation, Sterling Infrastructure is at present trading with a Forward P/E ratio of 35.68. This valuation marks a premium compared to its industry average Forward P/E of 24.69.

It is also worth noting that STRL currently has a PEG ratio of 2.38. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. STRL's industry had an average PEG ratio of 1.61 as of yesterday's close.

The Engineering - R and D Services industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 75, positioning it in the top 31% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of FWRG, SHAK 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.

SkyWest (SKYW - Free Report) closed at $97.78 in the latest trading session, marking a -1.95% move from the prior day. This move lagged the S&P 500's daily loss of 0.79%. At the same time, the Dow lost 0.26%, and the tech-heavy Nasdaq lost 1.55%.

The stock of regional airline has risen by 8.69% in the past month, leading the Transportation sector's gain of 3.77% and the S&P 500's gain of 4.28%.

The investment community will be closely monitoring the performance of SkyWest in its forthcoming earnings report. The company is scheduled to release its earnings on July 23, 2026. The company is forecasted to report an EPS of $2.7, showcasing a 7.22% downward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.11 billion, indicating a 6.83% increase compared to the same quarter of the previous year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $10.88 per share and a revenue of $4.37 billion, indicating changes of +5.12% and +7.71%, respectively, from the former year.

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

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.03% lower within the past month. SkyWest is holding a Zacks Rank of #4 (Sell) right now.

Valuation is also important, so investors should note that SkyWest has a Forward P/E ratio of 9.17 right now. This expresses a discount compared to the average Forward P/E of 11.27 of its industry.

Investors should also note that SKYW has a PEG ratio of 1.41 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Transportation - Airline industry held an average PEG ratio of 0.83.

The Transportation - Airline industry is part of the Transportation sector. This group has a Zacks Industry Rank of 178, putting it in the bottom 28% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

In the latest close session, SoundHound AI, Inc. (SOUN - Free Report) was down 2.26% at $6.49. This change lagged the S&P 500's 0.79% loss on the day. Elsewhere, the Dow lost 0.26%, while the tech-heavy Nasdaq lost 1.55%.

Shares of the company have depreciated by 3.77% over the course of the past month, underperforming the Computer and Technology sector's gain of 3.44%, and the S&P 500's gain of 4.28%.

The investment community will be paying close attention to the earnings performance of SoundHound AI, Inc. in its upcoming release. On that day, SoundHound AI, Inc. is projected to report earnings of -$0.05 per share, which would represent a year-over-year decline of 66.67%. Simultaneously, our latest consensus estimate expects the revenue to be $52.49 million, showing a 22.99% escalation compared to the year-ago quarter.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.18 per share and revenue of $233.16 million, indicating changes of -38.46% and +38.03%, respectively, compared to the previous year.

Investors should also note any recent changes to analyst estimates for SoundHound AI, Inc. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, SoundHound AI, Inc. is carrying a Zacks Rank of #4 (Sell).

The Computers - IT Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 83, which puts it in the top 34% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

CleanSpark (CLSK - Free Report) ended the recent trading session at $12.36, demonstrating a -3.81% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.79%. Meanwhile, the Dow experienced a drop of 0.26%, and the technology-dominated Nasdaq saw a decrease of 1.55%.

Heading into today, shares of the company had lost 22.03% over the past month, lagging the Finance sector's gain of 5.64% and the S&P 500's gain of 4.28%.

The upcoming earnings release of CleanSpark will be of great interest to investors. The company is predicted to post an EPS of -$0.29, indicating a 137.18% decline compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $158.26 million, down 20.33% from the prior-year quarter.

For the full year, the Zacks Consensus Estimates project earnings of -$3.19 per share and a revenue of $643.48 million, demonstrating changes of -549.3% and -16.03%, respectively, from the preceding year.

Investors should also pay attention to any latest changes in analyst estimates for CleanSpark. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, CleanSpark possesses a Zacks Rank of #3 (Hold).

The Financial - Miscellaneous Services industry is part of the Finance sector. This group has a Zacks Industry Rank of 161, putting it in the bottom 35% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

In the latest close session, Copa Holdings (CPA - Free Report) was down 4.34% at $144.05. This change lagged the S&P 500's 0.79% loss on the day. Elsewhere, the Dow lost 0.26%, while the tech-heavy Nasdaq lost 1.55%.

Shares of the holding company for Panama's national airline have appreciated by 6.28% over the course of the past month, outperforming the Transportation sector's gain of 3.77%, and the S&P 500's gain of 4.28%.

Investors will be eagerly watching for the performance of Copa Holdings in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 5, 2026. It is anticipated that the company will report an EPS of $1.9, marking a 47.37% fall compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.07 billion, indicating a 26.86% upward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $16.54 per share and a revenue of $4.39 billion, demonstrating changes of +1.6% and +21.3%, respectively, from the preceding year.

Investors should also note any recent changes to analyst estimates for Copa Holdings. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 8.97% increase. Right now, Copa Holdings possesses a Zacks Rank of #3 (Hold).

In terms of valuation, Copa Holdings is presently being traded at a Forward P/E ratio of 9.11. This signifies a discount in comparison to the average Forward P/E of 11.27 for its industry.

We can also see that CPA currently has a PEG ratio of 1.11. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Transportation - Airline industry stood at 0.83 at the close of the market yesterday.

The Transportation - Airline industry is part of the Transportation sector. This group has a Zacks Industry Rank of 178, putting it in the bottom 28% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Underperforming the S&P 500, shares of USA Rare Earth (USAR 6.87%) inched 3.7% higher in 2025, while the index rose 16.4%. The first half of 2026, however, featured a very different story. According to data provided by S&P Global Market Intelligence, shares of USA Rare Earth soared 81.3% through the first six months of 2026.

With analysts consistently providing bullish outlooks on the stock and the rare-earth company reporting progress toward commencing commercial operations, investors found sufficient cause to click the buy button over the past several months.

Image source: Getty Images.

Digging into the sources of this mining stock's rise It didn't take long after the ball dropped before investors started bidding USA Rare Earth stock higher. Shares rose more than 88% in January after the company announced a partnership with the French government to develop a metal and alloy production facility in France that management expects to commence operations in late 2026.

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Reporting progress toward the start of domestic operations, USA Rare Earth announced in late January that it had selected Fluor to assist with its Definitive Feasibility Study for the company's cornerstone Round Top Rare Earth Project in Texas. Plus, the company announced that it had signed a non-binding Letter of Intent with the U.S. Department of Commerce and entered into a collaboration with the U.S. Department of Energy, totaling about $1.6 billion in federal funding. In addition, the company announced $1.5 billion in private funding provided by Inflection Point.

Analysts also espoused a more bullish outlook on USA Rare Earth stock in the early part of the new year. On Jan. 26, Roth Capital hiked its price target to $35 from $25, and the following day, Benchmark boosted its price target to 45 from $15.

Despite a strong start to the year, shares dipped in February and March. But the decline didn't persist. In April, USA Rare Earth stock headed higher after the company reported that its subsidiary had poured commercial-grade yttrium (a rare-earth metal) at its facility in the United Kingdom. The company lauded the achievement, characterizing it as a milestone that sets it apart as one of the few companies to do so outside China.

Another catalyst for the stock's rise in April was the company's announcement that it had entered into a definitive agreement to acquire Serra Verde Group, a large-scale producer of all four magnetic rare-earths, including the valuable heavy rare-earth dysprosium, terbium, and yttrium, for about $2.8 billion. According to USA Rare Earth management, the acquisition will de-risk the company as Serra Verde is expected to achieve annualized run rate earnings before interest, taxes, depreciation, and amortization of $550-$650 million by the end of 2027.

How are things looking in the second half of the year? Despite the strong performance in the first half of 2026, the second half of the year hasn't provided much for investors to celebrate, with shares sinking more than 20% as of this writing since June 30. For a speculative stock such as USA Rare Earth, the volatility is to be expected. Thus, those with lower risk tolerances who are interested in growth stocks that provide rare-earth exposure will be more interested in a rare-earth ETF.

Modine (MOD - Free Report) ended the recent trading session at $234.28, demonstrating a -4.73% change from the preceding day's closing price. This change lagged the S&P 500's 0.79% loss on the day. Elsewhere, the Dow lost 0.26%, while the tech-heavy Nasdaq lost 1.55%.

The stock of heating and cooling products maker has fallen by 10.42% in the past month, lagging the Auto-Tires-Trucks sector's gain of 5% and the S&P 500's gain of 4.28%.

Market participants will be closely following the financial results of Modine in its upcoming release. The company's earnings per share (EPS) are projected to be $1.43, reflecting a 34.91% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $895.49 million, indicating a 31.15% growth compared to the corresponding quarter of the prior year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $7.73 per share and revenue of $4.03 billion, indicating changes of +53.98% and +26.76%, respectively, compared to the previous year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Modine. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Modine presently features a Zacks Rank of #3 (Hold).

In terms of valuation, Modine is presently being traded at a Forward P/E ratio of 31.81. For comparison, its industry has an average Forward P/E of 12.64, which means Modine is trading at a premium to the group.

It's also important to note that MOD currently trades at a PEG ratio of 0.8. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Automotive - Original Equipment industry had an average PEG ratio of 0.8.

The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 109, putting it in the top 45% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

According to a report, the company plans to skip higher-performance versions of some of its processors along the way.

Omar Gallaga has covered technology, digital culture and other topics for outlets including CNET, NPR, WIRED, Texas Monthly, MSNBC, Consumer Reports, The Washington Post, the Los Angeles Times, The Atlantic and the Austin American-Statesman, where he was a longtime tech reporter, editor and podcaster. He lives in the Texas Hill Country.

3 min read

Apple is changing the way it will handle the release of its next flagship M processors going forward, according to a report from Bloomberg's Power On newsletter.

Power On author Mark Gurman wrote that in a race to get to its M7 generation of processors, which use neural processing to improve AI performance, Apple will skip some iterations of processors along the way. For instance, whereas Apple may have released Pro, Max and Ultra versions of some M-series processors, it may not do so for the next one in line, M6, due out this fall.

Apple's M5 processors for desktop and laptop Mac computers, as well as some iPads, started becoming available in those products in the fall of 2025.

Bloomberg previously reported anticipated changes in the M6 roadmap in June, but is now reporting how Apple's plans for its processor lineup, up to the M8, are being influenced by artificial intelligence, including competition from companies like Nvidia. Gurman points to the development of advanced AI performance for the M7 Ultra processor as one reason for accelerating the chip-release roadmap. An even more advanced M8 processor codenamed Soko is also in the works, according to the report.

A representative for Apple didn't respond to a request for comment.

Apple's long game on AIApple has not been as overtly aggressive with its AI efforts as other tech giants like Microsoft, Google, Meta and OpenAI. But as Gurman suggests in his report, it has been quietly laying the groundwork for its long-term AI goals using technology it developed, even on failed projects such as the canceled Apple Car.

The company has delayed versions of its Siri assistant to refine its AI capabilities while continuing to develop processors that can handle the high demands of on-device AI rather than offloading processing to data centers, as many AI services do.

This strategy has served Apple well in the past: Wait for others to introduce new technology, learn from their mistakes, and then release its own products that are more refined. It's how Apple dominated headphones with its AirPods and what it did in wearables with the Apple Watch.

But with AI, Apple is battling competitors -- including partners like Google -- on several fronts. And that is requiring the company to shift its strategy in several ways. With its processors, Apple is pushing for improvements in memory bandwidth and Neural Engine improvements, said Mahdi Eslamimehr. executive vice president at Quandary Peak Research.

"Skipping the M6 Pro, Max and Ultra to pull the M7 generation forward is the clearest signal yet that AI has displaced CPU and graphics as the organizing principle of Apple's chip roadmap," Eslamimehr told CNET.

That move, he said, is bolstered by the company's hardware chief, John Ternus, taking over as CEO in the fall. "That silicon-first bet now has backing at the very top of the company," Eslamimehr said.

Apple, he said, won't be competing with Nvidia on the data center side of the AI business where it dominates with its processors, but will instead focus on making devices that excel as private, on-device AI computing powerhouses that eventually "would push local performance toward workstation class."

The payoff for Apple power users, he said, will be more powerful hardware-native AI, but it might not be until late 2027 before they get their hands on top-tier Apple M7 hardware.

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OMAR GALLAGA

Omar Gallaga has covered technology, digital culture and other topics for outlets including CNET, NPR, WIRED, Texas Monthly, MSNBC, Consumer Reports, The Washington Post, the Los Angeles Times, The Atlantic and the Austin American-Statesman, where he was a longtime tech reporter, editor and podcaster. He lives in the Texas Hill Country. See full bio

By PYMNTS  |  July 13, 2026

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Apple’s lawsuit against OpenAI announced Friday (July 10) includes allegations that highlight the importance of protecting corporate data when employees leave, TechCrunch reported Monday (July 13).

The lawsuit includes allegations that a former employee who went to work for OpenAI exploited an authentication bug to access the company’s network after leaving Apple. It does not describe the nature of the bug, according to the report.

The company said that it fixed the bug upon learning about it and that only the one former employee exploited the bug when it was active, per the report.

Apple alleged that the former employee failed to return an Apple-issued laptop when leaving the company, misused the access of an acquaintance who was an Apple employee at the time but later went to work for OpenAI, discovered the authentication bug after leaving Apple, and failed to report that bug as required by his employment agreement, according to the report.

TechCrunch reported Monday that the allegations show why companies often immediately cut off access by departing employees, as well as the risks companies face if they fail to do so completely.

It was reported Friday that Apple sued OpenAI and two former Apple employees now working at OpenAI, including the one later featured in the TechCrunch report, alleging that they stole trade secrets from Apple to support OpenAI’s development of devices.

The suit alleged that one employee emailed himself information about Apple’s suppliers and asked Apple employees to bring parts to OpenAI during job interviews; that the other employee downloaded confidential files from Apple’s network and coached an Apple employee on how to copy confidential files; and that “at every level, from members of its Technical Staff to its Chief Hardware Officer, and in coordination with business partners, OpenAI has been stealing Apple’s trade secrets and confidential information.”

An OpenAI spokesperson told CNBC: “We have no interest in other companies’ trade secrets. We remain focused on building innovative technology that empowers people everywhere.”

PYMNTS reported Monday that Apple’s lawsuit echoes the company’s legal battles in the 2010s against various companies making Android phones, including one legal fight that lasted eight years before the two sides reached a settlement.

A fisheye view of thousands of servers at Facebook’s data center in Luleå, Sweden, in 2013. The facility illustrates the scale of Meta’s infrastructure but is separate from its $50 billion Louisiana expansion.

AFP via Getty Images

On July 13, Meta said it would put more than $50 billion into a single Louisiana data center, more than doubling its planned capacity to 5 gigawatts. Twelve days earlier, Bloomberg reported that the same company was developing plans to sell its "excess" AI computing capacity to outsiders. Read those two headlines together and something doesn’t add up. One of the largest buyers of compute on earth is telling the market it needs vastly more, and that it expects to have enough to spare, within 12 days.

That contradiction is not really about Meta. It’s the question the whole AI buildout has been dodging: how much of the compute already bought is actually being used?

The most flattering answer is also the most revealingStart with the most charitable reading, because it’s probably the right one. Meta is building for the future and renting out the slack until it needs it. That isn’t a stretch. It follows a basic cloud logic: build at scale, then sell the capacity you aren’t using yet. AWS turned that model into Amazon’s most profitable business. If that’s the play, selling "excess" compute is the smartest move on the board.

But it only works when the provider can measure its own utilization precisely, so it knows exactly how much slack it can safely lease out. The real question about Meta is not whether building ahead is wise. It’s whether Meta can prove which story it’s in. Without a utilization number, no outsider can separate "deliberately built ahead" from "bought more than the workloads will absorb." That gap is not academic. Amazon, Microsoft, Alphabet and Meta plan to spend roughly $725 billion in 2026 capital spending, primarily for AI data-center equipment, up 77% from last year. Even a small utilization miss across a buildout that large can strand billions in equipment sitting warm, waiting for work.

The polite word for selling that gear is optionality. The blunt one is overbuilding.

Why the market cheered the confusionThe stock reaction is the tell. Meta shares rose about 8.8% on the report, while a chunk of the chip complex sold off the same day. Micron dropped 10.6%. AMD fell nearly 7%. Even Nvidia slipped.

Meta's plan was probably a catalyst rather than the whole cause; semiconductors had run up hard, and doubts about whether AI spending could hold this pace were already in the air. But the split is hard to unsee. Investors paid up for the company that found a fresh way to earn money off its infrastructure, and stepped back from the companies whose growth assumes hyperscalers keep buying hardware forever. For most of this boom, the market rewarded whoever built the most. That afternoon offered an early sign that investors may be starting to grade something harder: what the buildout actually returns.

The number every board is about to get asked forHaving sat through enough capital-allocation reviews to recognize the pattern, I hear “we can always sell the excess” differently. It doesn’t sound like confidence. It sounds like management doesn’t want to say how much of the capacity it actually expects to use.

Every company in this race can quote its inputs: GPUs bought, gigawatts planned, dollars committed. What public disclosures rarely include is the one figure that would settle it: how much of that capacity is doing real work, rather than sitting warm and depreciating. Meta may have a strong answer, and it’s plainly still expanding rather than retreating, which is exactly why the resale plan is worth watching. It hints that owning the most compute is no longer the whole game. The gear has to be used, priced, and measured against a result.

Resale is a thin safety net anyway. AI hardware can lose value quickly, each new chip generation raises the bar, and specialized clouds already compete hard on price, so capacity that looks scarce today can cheapen the moment a few sellers crowd in. A 5-gigawatt buildout still depends on transformers, transmission lines and other grid hardware, and those physical constraints don’t care how the compute eventually gets billed.

What executives should do about itThe buildout wasn’t necessarily a mistake. Demand may grow into it. But the metric the market rewards is shifting under everyone’s feet. Phase one measured ambition by how much you would spend. Phase two measures how well you use it. Before the next infrastructure check clears, boards and CFOs should ask three plain questions: what share of the AI compute we already own is in productive use, what business result it produces, and who owns moving that number. If nobody can answer, you don’t have an infrastructure strategy. You have a very expensive warehouse.

Key Takeaways Tesla stock historically moves in cycles of innovation.A new suite of multi-decade catalysts looms. As the AI boom roars, Tesla Energy will cash in. Catalysts: The Spark that Unleashes Large Stock AdvancesStocks don’t move because they are “cheap” or they have done well in the past. Instead, stocks move on new information and expectations about the future, prompting Wall Street investors to reassess their value. The most common catalysts come in the form of earnings beat or bullish forward guidance that exceeds Wall Street expectations. However, often the most potent catalysts come in the form of a new, innovative product announcement. For instance, Apple ((AAPL - Free Report) ) announced the iPhone in January 2007. By the time the product was released in June 2007, Apple shares had already gained 50% as investors correctly began to discount the bullish impact the breakthrough product would have on the company’s earnings.

Elon Musk: This Generation’s DisruptorTesla ((TSLA - Free Report) ), under the direction of CEO Elon Musk, is the perfect example of a disruptive growth stock. Through bold risk-taking, vision, and engineering, Elon Musk transformed Tesla from an obscure electric vehicle startup into the largest automaker in the world (by market cap).  Challenging an industry that had not seen a successful startup in more than a century wasn’t a walk in the park. Musk innovated at every step of the way, leveraging his Silicon Valley background and producing never-before-seen technology that reached far beyond EVs. Here is a list of the game-changing products Elon Musk has unveiled since 2006:

Image Source: Zacks Investment Research

Tesla Stock Performance Hasn’t Been in a Straight LineFor Elon Musk, the success hasn’t come in a straight line. Throughout Tesla’s 16-year history as a public company, Tesla and Elon Musk have faced SEC lawsuits, political backlash, a plethora of short sellers, and constant doubt (which continues today). That said, any unbiased investor must acknowledge the blatant success before them. Since going public, Tesla’s stock performance has been breathtaking. TSLA shares have gained ground in 14 of the 16 years it’s been public, accumulating monster gains of some 36,000% along the way.

Although Tesla’s long-term performance is undeniable, its intermediate-term performance has been lackluster. TSLA shares are essentially where they were in late 2021 amid slowed growth, shrinking margins, expired tax credits, and Elon Musk’s political controversies. Before investors write off Tesla as a “has-been”, it’s worth studying its history. The current lackluster price action is not the first time investors have faced a frustrating multi-year price consolidation. Tesla shares were dead money from the mid-2010 IPO until 2013 as the company struggled to become profitable, gain investor attention, and prove the EV concept. Next, from ~2014 to ~2020, Tesla shares were essentially flat as some investors took chips off the table after the massive IPO move. What investors must understand is that long, frustrating share price consolidations are the norm for Tesla. In other words, Tesla has always been a stock that delivers massive gains in bursts before consolidating. Investors should also understand that these consolidations serve a purpose. Frustrating stock returns breed fear, uncertainty, and doubt. That said, Elon Musk and his team never stop innovating.

Image Source: Zacks Investment Research

Latest Delivery Numbers ImpressTesla's latest delivery numbers confirm that the EV maker has officially turned around its legacy business. The 480,000 global vehicle deliveries mark the best Q2 ever. What makes the delivery number even more impressive is that Tesla beat expectations and surpassed its prior quarter results despite the end of the EV tax credit last year. Better yet, Europe, which has been an especially sore spot for Tesla EV sales, has turned the corner. Tesla registrations rose in several European markets in June

Image Source: Zacks Investment Research

Wall Street Warms Up to OptimusAccording to a recent research report from Nomura, Tesla has raised the annualized production capacity target for its Optimus Gen 3 humanoid robot at the Fremont plant to roughly 70,000 units, using factory space repurposed from older vehicle assembly lines. Looking ahead, Tesla plans to add another 70,000 units of capacity at its Austin facility by 2028. These near-term expansions are laying the groundwork for a highly ambitious, long-term capacity target of 1.5 million units. The Optimus timeline is bullish for Tesla. CEO Elon Musk has long predicted that Optimus will eventually become the company’s best-selling product.

Tesla Robotaxi is ScalingAfter many delays, Tesla’s highly anticipated robotaxi business is finally beginning to scale. Initially launched in Austin in 2025 with safety supervisors, Tesla has officially crossed the milestone of deploying unsupervised robotaxis (no driver or safety monitor inside the vehicle). Recently, Tesla has expanded to other markets such as Dallas, Houston, and Miami. Meanwhile, Tesla’s low-cost Cybercab has been spotted in public testing. Because of its unique “unboxed” manufacturing process, Tesla expects to efficiently scale Cybercab to millions of units. The Cybercab will give Tesla a huge cost advantage over competitors like Waymo.

Long-time Tesla investor and bull Cathie Wood believes that robotaxis will be “Elon’s gift to patient Tesla shareholders.” Wood expects the autonomous taxi market to scale from $1B today to $10T over the next 5-10 years. Additionally, Wood expects that Tesla’s costs will be 50% lower than Waymo’s by the end of the decade.

FSD to Have Wider Reach, Generate More RevenueElon Musk just announced that after a complex transition, vehicles built between 2019 and 2023 will be able to access Tesla’s modern Full Self-Driving (FSD) technology. In other words, if you drive an older Tesla, your car will continue to get “smarter” via optimized “Lite” neural networks for supervised driving. This will allow Tesla to capture previously unrealized FSD subscription revenue from its older models. Even before this news, Tesla FSD was scaling nicely:

Image Source: Zacks Investment Research

Tesla Energy is on FireMcKinsey predicts that U.S. electricity demand will soar by ~50% by 2050. Although solar energy production requires higher start-up capital than coal, it is zero-emission, and long-term generation costs are far lower. The latest energy production data tells the story. Solar energy accounted for 12.8% of U.S. electricity in May, surpassing coal (12.2%) for the first time in history. While low-cost natural gas remains the dominant electricity source (~37%), solar is catching up. In fact, solar and battery storage accounted for a staggering 91% of U.S. power capacity installed in Q1 2026. In other words, Tesla’s red-hot energy business has a long runway that is just gaining momentum.

Image Source: Ember

Elon Musk Announces TeraFab ProjectElon Musk unveiled TeraFab in March 2026, a joint initiative between Tesla, SpaceX, and xAI aimed at producing advanced semiconductor chips at an unprecedented scale. The project involves a planned $20 billion factory in Austin, Texas, designed to supply chips for Tesla vehicles and SpaceX orbital data centers. Recently, Tesla announced its first big hire for its TeraFab project, Gary Jiang. Jiang is a semiconductor manufacturing legend who spent 18 years at Intel ((INTC - Free Report) ). The Jiang hire is another example of how Tesla is building a flurry of potential new non-EV businesses that could help drive the stock for decades to come.

Bottom Line

While Tesla’s price action has been lackluster lately, history proves that these frustrating lulls are often the quiet before the storm. The latest delivery numbers prove that Tesla’s EV business has turned the corner. Meanwhile, a plethora of upcoming catalysts set up the next bull run.

Alphabet Inc. is resilient due to its integrated hardware/software AI stack, but valuation is elevated at current levels. Cloud backlog stands at $462 billion, with significant customer concentration risk from Anthropic and a need to monitor backlog conversion rates. Capex is surging, with 2026 guidance at $185 billion and risks if spending outpaces monetization, especially into 2027-2028.

Big tech hyperscalers like Amazon, Alphabet, Microsoft, and Meta are positioned for significant free cash flow growth as CapEx investments begin to yield returns post-2028. Semiconductor and memory stocks have led the market, but expectations are now high, making risk-to-reward more attractive in hyperscalers and select software names.

Advanced Micro Devices (AMD - Free Report) ended the recent trading session at $534.39, demonstrating a -4.21% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.79%. Elsewhere, the Dow lost 0.26%, while the tech-heavy Nasdaq lost 1.55%.

The chipmaker's stock has climbed by 9.05% in the past month, exceeding the Computer and Technology sector's gain of 3.44% and the S&P 500's gain of 4.28%.

The upcoming earnings release of Advanced Micro Devices will be of great interest to investors. The company's earnings report is expected on August 4, 2026. The company's upcoming EPS is projected at $1.6, signifying a 233.33% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $11.28 billion, indicating a 46.79% increase compared to the same quarter of the previous year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $7.22 per share and a revenue of $48.98 billion, representing changes of +73.14% and +41.39%, respectively, from the prior year.

Investors should also take note of any recent adjustments to analyst estimates for Advanced Micro Devices. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.54% higher. Advanced Micro Devices is holding a Zacks Rank of #3 (Hold) right now.

Looking at valuation, Advanced Micro Devices is presently trading at a Forward P/E ratio of 77.3. Its industry sports an average Forward P/E of 27.79, so one might conclude that Advanced Micro Devices is trading at a premium comparatively.

We can additionally observe that AMD currently boasts a PEG ratio of 1.4. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Computer - Integrated Systems industry stood at 1.04 at the close of the market yesterday.

The Computer - Integrated Systems industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 6, putting it in the top 3% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

Nvidia (NVDA - Free Report) ended the recent trading session at $203.53, demonstrating a -3.52% change from the preceding day's closing price. This change lagged the S&P 500's 0.79% loss on the day. Meanwhile, the Dow lost 0.26%, and the Nasdaq, a tech-heavy index, lost 1.55%.

Heading into today, shares of the maker of graphics chips for gaming and artificial intelligence had gained 2.81% over the past month, lagging the Computer and Technology sector's gain of 3.44% and the S&P 500's gain of 4.28%.

Analysts and investors alike will be keeping a close eye on the performance of Nvidia in its upcoming earnings disclosure. The company's upcoming EPS is projected at $2.09, signifying a 99.05% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $91.58 billion, up 95.91% from the prior-year quarter.

For the full year, the Zacks Consensus Estimates project earnings of $9.1 per share and a revenue of $385.48 billion, demonstrating changes of +90.78% and +78.52%, respectively, from the preceding year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Nvidia. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.24% rise in the Zacks Consensus EPS estimate. Nvidia is currently a Zacks Rank #3 (Hold).

Valuation is also important, so investors should note that Nvidia has a Forward P/E ratio of 23.19 right now. Its industry sports an average Forward P/E of 57.17, so one might conclude that Nvidia is trading at a discount comparatively.

It's also important to note that NVDA currently trades at a PEG ratio of 0.45. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. NVDA's industry had an average PEG ratio of 1.01 as of yesterday's close.

The Semiconductor - General industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 25, finds itself in the top 11% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow NVDA in the coming trading sessions, be sure to utilize Zacks.com.

In the latest close session, MasterCard (MA - Free Report) was up +2.08% at $537.70. The stock exceeded the S&P 500, which registered a loss of 0.79% for the day. At the same time, the Dow lost 0.26%, and the tech-heavy Nasdaq lost 1.55%.

Heading into today, shares of the processor of debit and credit card payments had gained 7.5% over the past month, outpacing the Business Services sector's gain of 4.59% and the S&P 500's gain of 4.28%.

The upcoming earnings release of MasterCard will be of great interest to investors. The company's earnings report is expected on July 30, 2026. In that report, analysts expect MasterCard to post earnings of $4.75 per share. This would mark year-over-year growth of 14.46%. At the same time, our most recent consensus estimate is projecting a revenue of $9.06 billion, reflecting a 11.45% rise from the equivalent quarter last year.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $19.61 per share and a revenue of $37.01 billion, signifying shifts of +15.29% and +12.87%, respectively, from the last year.

Any recent changes to analyst estimates for MasterCard should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.06% upward. MasterCard is holding a Zacks Rank of #3 (Hold) right now.

Digging into valuation, MasterCard currently has a Forward P/E ratio of 26.86. This expresses a premium compared to the average Forward P/E of 11.4 of its industry.

Also, we should mention that MA has a PEG ratio of 1.64. 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. As the market closed yesterday, the Financial Transaction Services industry was having an average PEG ratio of 0.84.

The Financial Transaction Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 69, putting it in the top 29% of all 250+ industries.

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

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

Delta Air Lines Inc (NYSE:DAL) reaffirmed its full-year earnings outlook despite higher fuel costs, a move Bank of America said underscores the carrier's earnings resilience and supports its valuation following stronger-than-expected second quarter results.

Bank of America maintained its ‘Buy’ rating on Delta after the airline reported second-quarter earnings per share above consensus, with the beat driven by lower-than-expected costs while revenue was broadly in line with expectations.

The analysts wrote that Delta's decision to reaffirm its 2026 earnings guidance, first issued in January, was a key takeaway from the report.

"We believe the reiteration of the full year is important and shows the resiliency of DAL's earnings algo regardless of the macro," Bank of America wrote, noting the company maintained its forecast despite absorbing roughly $3.5 billion in higher fuel costs than the firm had originally estimated.

Delta's third quarter earnings guidance of $2 to $2.50 per share was broadly in line with the firm's expectations. Bank of America said the outlook implies mid-teens revenue growth alongside improving unit costs.

The firm noted that investors remain focused on the revenue assumptions implied by Delta's reaffirmed full-year guidance. It said the earnings outlook suggests fourth-quarter revenue growth comparable to the third quarter, even as industry capacity is expected to increase and year-over-year comparisons become more challenging.

Bank of America noted that Delta expressed confidence in maintaining pricing into the fourth quarter, citing an improving mix of corporate travel, continued industry capacity discipline, international booking trends and encouraging fall booking patterns.

On costs, the analysts wrote that unit cost inflation should moderate after rising 6.8% in the second quarter, helped by increasing capacity and easing operational pressures. It added that 2027 could see a return to Delta's longer-term target of low-single-digit unit cost growth as capacity normalizes.

Looking across the sector, Bank of America believes that Delta's results reinforce its positive outlook for airline earnings but may temper expectations for upside from other carriers. The firm said it still expects sequential improvements in unit revenue at airlines including United Airlines due to easier comparisons and slower capacity growth, although higher fuel costs could make it more difficult for some peers to reaffirm full-year earnings guidance as Delta has.

Despite Delta's recent share price re-rating, Bank of America said the stock's valuation could continue to improve, supported by what it described as consistent earnings generation and strong free cash flow through periods of weaker demand and higher fuel prices.

Shares of Delta have added about 24% so far this year, trading hands at about $86 on Monday afternoon.