Společnost Komerční banka, a.s. zveřejnila aktuální informaci o struktuře hlavních akcionářů Komerční banky, a.s. k 30.06.2026, více informací zde česky a zde anglicky.
(komerční sdělení)
Tagy: Povinně uveřejňované informace
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13.07.2026 14:30Komerční banka, a.s.: Hlavní akcionáři KB k 30.6.2026 13:19Týdenní výhled: Nové napětí v Hormuzu, americká inflace a začátek výsledkové sezóny 11:45Starbucks chce díky AI nahradit software od Microsoftu a IBM 10:58TSMC má za druhé čtvrtletí rekordní tržby 10:07Nejhorší den na burze. Akcie SK Hynix potkal více než 15procentní výplach 8:59ČEZ, a.s.: Vnitřní informace - Elevion Group podepsal kupní smlouvu na akvizici 100% podílu v italské společnosti BTS Biogas 8:52Eskalace konfliktu s Íránem zhoršuje náladu na trzích. SK Hynix po americkém debutu propadl 8:47Rozbřesk: Hormuz znovu straší trhy. Česká ekonomika však drží kurz 6:03Wood: Úvahy o konci americké výjimečnosti jsou notně přehnané 12.07.2026 9:22Víkendář: Greenspan předpovídal inflaci 4,5 % a 8% výnosy z desetiletých amerických státních dluhopisů 11.07.2026 9:21Víkendář: Greenspan se evidentně mýlil, akcie nebyly v roce 1996 nijak nadhodnocené 10.07.2026 17:39Nemělo by se nyní více mluvit o nesprávném monetárním kurzu? 16:08Bylo by nebezpečné vědět, proč centrální banky jednají tak, jak jednají? 14:10Analytici otáčejí. Očekávání zisků evropských firem rostou nejrychleji za dva roky 12:22Perly týdne: Červená karta pro Američany a klesající dynamika akcií malých firem 11:02Volkswagen spouští jednu z největších proměn ve své historii. Omezí výrobu i nabídku modelů 10:51Techy korigují včerejšek, ale trhy mezitím podporuje obnovení jednání s Íránem 10:41ExxonMobil může těžit z návratu geopolitických rizik. Má prostor pro růst akcií 9:24O easyJet se rozhořel boj. Apollo nabídlo víc než konkurence a získalo podporu vedení 9:01Rozbřesk: Polská centrální banka drží sazby, Glapiński se nebrání podzimnímu snížení
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TORONTO, July 13, 2026 (GLOBE NEWSWIRE) -- Premier American Uranium Inc. (“PUR”, the “Company” or “Premier American Uranium”) (TSXV: PUR) (OTCQB: PAUIF) is pleased to announce the successful completion of its drilling program at the Company's wholly owned Cebolleta Uranium Project (“Cebolleta” or the “Project”) in New Mexico. As announced in a press release on May 12, 2026, the program was designed to recover representative samples from the underground resource area to support advanced technical studies as part of the Company’s 2026 work program focused on advancing process optimization and Project economics. The recovered samples have now been delivered to Hazen Research, Inc. (“Hazen Research”), the Company’s contracted metallurgical laboratory in Golden, Colorado, where they will support a planned comprehensive metallurgical testing program aimed at optimizing heap-leach uranium recovery and informing key assumptions for future economic studies including a planned update to the Company’s current Preliminary Economic Assessment with respect to the Project (the “2025 PEA”) targeted for completion in 2027.
Highlights
Representative Drill Program Successfully Completed: Completion of a 6,030-foot PQ-core drilling program. Core drilling occurred at four locations targeting mineralization representative of the underground mining portion of the Company’s current Mineral Resource Estimate (“MRE”) for the Project included in the 2025 PEA. To obtain sufficient sample volume for metallurgical tests, mineralized core was collected from a total of 18 vertical holes (4 to 6 per location) with results summarized in Table 1. Downhole gamma results are generally consistent with historic drilling and the Company’s 2023 confirmation drilling program and will be added to the drilling database for the planned updated MRE in the 2027 PEA.
Metallurgical Samples Delivered to Hazen Research: Delivery of 77 core samples to Hazen Research. Combined mineralized PQ-core samples totaled 282.6 feet (85.9 m) and 2,124 pounds (963.3 kg). Selection of core samples was guided by handheld scintillometer readings in a sterile background combined with downhole gamma results, utilizing a cutoff grade of 0.06% eU3O8, the underground mining cut-off grade used in the 2025 PEA.
High Sample Recovery Enables Expanded Metallurgical Testing Program: Drilling conditions achieved 97% footage recovery in mineralized zones and an overall mass recovery of 90%, exceeding the target sample mass of 800 kg by 20%. The recovered material provided representative samples for the planned metallurgical test program. Sample preparation by Hazen Research is underway, and the Company anticipates the extra sample material will facilitate additional laboratory tests including density, chemical disequilibrium, and a larger suite of geochemical analyses. Colin Healey, CEO of PUR commented, “We are pleased with the progress being made to advance and optimize Cebolleta. With representative underground and open-pit samples now with Hazen Research, our comprehensive metallurgical program is underway with the goal of optimizing uranium recoveries and refining processing assumptions for future engineering and economic studies. As demonstrated in our 2025 PEA, increasing metallurgical recovery from 80% to 90% has the potential to increase the after-tax NPV (8%) by approximately 90%, from US$84 million to US$159 million, if test work can successfully validate this potential. This program is designed to evaluate those opportunities and support the continued advancement of the Cebolleta Project.”
The results of the 2025 PEA are included in a Technical Report (the “Technical Report”) prepared in accordance with the requirements of NI 43-101 by SLR International Corporation (“SLR”), an independent consulting firm with extensive experience in mining and mineral processing, including uranium operations in the United States. The 2025 PEA is preliminary in nature and includes Inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the 2025 PEA will be realized.
Metallurgical Testing
Under the guidance of Dr. Terence (“Terry”) McNulty, P.E., of T.P. McNulty and Associates, a metallurgical consultant to the Company and a Qualified Person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), Hazen Research has commenced a metallurgical testing program including mineralogical characterization, bottle roll recovery testing, and long-term column leach tests to simulate heap leaching utilizing both the underground core samples referenced herein and the open-pit bulk sample delivered in March 2026.
Bottle roll and column leach tests will examine multiple oxidants, lixiviants, and application rates to assess uranium recovery characteristics and support future engineering and economic studies. The Company expects to report key findings as the metallurgical testing progresses.
Table 1. 2026 Drilling Results and Core Sampling Summary
2026 drill hole IDs are from the current core drilling program. 2023 Twin drill hole IDs are from the Company's 2023 confirmation drilling program. Historic drill hole IDs are historic drill holes completed by Sohio Western Mining Co. Historical and twin holes are presented for comparison purposes.All drill holes were vertical (90 degrees) through flat lying strata. Measured and reported intercepts represent true thicknesses.Downhole geophysical surveys included natural gamma, self-potential (SP) and single point resistivity (SPR) measurements and were completed by the Company with direct oversight by management with 20 years’ experience performing downhole gamma surveys in connection with uranium exploration.Natural gamma, SP and SPR were measured using a 40LGR-1000 downhole gamma probe manufactured in 2024 by Mount Sopris Instrument Company.Contemporaneous gamma calibration of the 40LGR-1000 probe was completed by the Company at the U.S. Department of Energy's calibration facility in Grand Junction, Colorado on March 18, 2026, measuring a Dead Time (DT) of 2.89 microseconds and K Factor of 5.93×10-6. A Mud Factor (MF) of 1.18 was derived from Century Geophysical LLC’s Mud Factor Correction Chart using the true measured hole diameter of 5.0 inches and true measured drilling mud weight of 8.4 pounds per gallon (ppg). Pipe Factor (PF) was calculated comparing downhole gamma results at 465 identical 0.1-foot intervals measured within and without the core drill pipe through the mineralized zone of LJ-25 2026 A, yielding a no-pipe:pipe mean ratio of 1.52, median ratio of 1.52, with low skew of 0.15 (PF only applicable for RLB-83 2026 F and LJ-25 2026 D).Calibration factor summary: Dead Time (DT) 2.89 ; K Factor (K) 5.93×10-6; Mud Factor (MF) 1.18; Pipe Factor (PF) 1.52;Grade (% eU3O8) calculated using standard 2KN formula with natural gamma results expressed in counts per second (CPS) at 0.1-foot intervals:
2026 results are reported at a cut-off grade of 0.06% eU3O8 in conformance with the underground mining cut-off grade utilized to calculate the MRE in the 2025 PEA.eU₃O₈ grades are equivalent uranium grades derived from calibrated downhole natural gamma surveys and have not been verified by chemical assays. Numerous historical comparisons of eU₃O₈ and chemical assays of core samples from the Project indicate that eU₃O₈ is a reasonable indicator of the actual uranium assay.Numbers in table may not add due to rounding and 3% footage recovery loss. About the Cebolleta Uranium Project and Mineral Resources
Located in New Mexico, the Project is a past-producing property with extensive historical work and infrastructure. Its location in one of the U.S.’s premier uranium districts provides strategic advantages, including proximity to utilities and existing processing facilities.
Figure 1: Plan View Map of the Cebolleta Uranium Project and Uranium Deposits. See Qualified Person Statement for additional details.
Qualified Person Statement
The scientific and technical information contained in this news release relating to the 2026 drilling program were reviewed and approved by Mike Thompson, C.P.G., who is a “Qualified Person” (as defined in NI 43-101), a consultant to the Company, and the Company’s Project Manager for the Cebolleta Project.
The scientific and technical information contained in this news release relating to the 2025 PEA and the MRE was reviewed and approved by Mr. Mark B. Mathisen, C.P.G. for SLR, the lead author of the Technical Report, who is a “Qualified Person” (as defined in NI 43-101).
Mr. Mathisen has verified the exploration, sampling, analytical, and testing data supporting the MRE and the 2025 PEA through a review and audit of historical and recent databases, comparisons with original geophysical logs and assay records, and inspections of drill hole collar, interval, and grade data for completeness and accuracy. Verification included a site visit on September 12, 2023, a review of drilling and downhole logging procedures, and an evaluation of the 2023 twin-hole and 2025 Willie P database audits, which confirmed a strong correlation with historical results and overall data reliability. Although no historical core or quality assurance/quality control reference materials are available, and most legacy holes lack deviation surveys, no limitations were placed upon the QP during the verification process, and the QP considers the verification methods and resulting database adequate for mineral resource estimation and compliant with NI 43-101 requirements.
For additional information regarding the Project, including the 2025 PEA and the MRE, please refer to the Technical Report, available under PUR’s profile on www.sedarplus.ca.
Additional scientific and technical information in this news release not specific to the 2025 PEA and MRE and relating to the 2026 work program has been reviewed and approved by Terry McNulty, PE, a consultant of Premier American Uranium, who is a “Qualified Person” (as defined in NI 43-101).
About Premier American Uranium Inc.
Premier American Uranium is focused on consolidating, exploring, and developing uranium projects across the United States to strengthen domestic energy security and advance the transition to clean energy. The Company’s extensive land position spans five of the nation’s top uranium districts, with active work programs underway in New Mexico’s Grants Mineral Belt and Wyoming’s Great Divide and Powder River Basins.
Backed by strategic partners including Sachem Cove Partners, IsoEnergy Ltd., Mega Uranium Ltd., and other leading institutional investors, PUR is advancing a portfolio supported by defined resources and high-priority exploration and development targets. Led by a distinguished team with deep expertise in uranium exploration, development, permitting, operations, and uranium-focused M&A, the Company is well positioned as a key player in advancing the U.S. uranium sector.
For More Information, Please Contact:
Premier American Uranium Inc.
Colin Healey, CEO and Director [email protected]
Toll-Free: 1-833-223-4673
X: @PremierAUranium
www.premierur.com
Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Non-GAAP Financial Measures
This news release includes certain terms or performance measures commonly used in the mining industry that are not defined under International Financial Reporting Standards (“IFRS“). Such non-GAAP performance measures, including operating costs and free cash flow, are included because it understands that investors use this information to determine the Company’s ability to generate earnings and cash flows. The Company believes that conventional measures of performance prepared in accordance with IFRS do not fully illustrate the ability of mines to generate cash flows. Non-GAAP financial measures should not be considered in isolation as a substitute for measures of performance prepared in accordance with IFRS and are not necessarily indicative of cash flows presented under IFRS. These measures have no standardized meaning under IFRS and may not be comparable to similar measures presented by other companies.
Cautionary Statement Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements with respect to, the planned metallurgical testing and the anticipated results thereof and the expected timing thereof; economic and scoping-level parameters of the 2025 PEA and the Project; the potential impact of increased metallurgical recovery on the results of the 2025 PEA; the planned update to the 2025 PEA and the expected timing thereof; mineral resource estimates; the NPV of the Project; the uranium industry and uranium prices; expectations with respect to project development and permitting, construction and operational processes; availability of services to be provided by third parties; future development methods and plans; and other activities, events or developments that are expected, anticipated or may occur in the future. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.
Forward-looking information and statements are based on our current expectations, beliefs, assumptions, estimates and forecasts about PUR’s business and the industry and markets in which it operates. Such forward-information and statements are based on numerous assumptions, including among others, assumptions that the results of planned metallurgical testing activities are as planned and will be reported when anticipated; that changes to metallurgical recovery rates will have the anticipated impact on the results of the 2025 PEA; that updates to the 2025 PEA will be completed and on the timing anticipated; general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company’s planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by PUR in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.
Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of Premier American Uranium to differ materially from any projections of results, performances and achievements of Premier American Uranium expressed or implied by such forward-looking information or statements, including, among others: risks related to the inherent uncertainties regarding cost estimates; changes in commodity and metal prices; results of future exploration activities; cost overruns; the limited operating history of the Company; negative operating cash flow and dependence on third party financing; uncertainty of additional financing; delays or failure to obtain required permits and regulatory approvals; changes in mineral resources; no known mineral reserves; aboriginal title and consultation issues; reliance on key management and other personnel; potential downturns in economic conditions; availability of third party contractors; availability of equipment and supplies; failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry; changes in laws and regulation, competition, and uninsurable risks and the risk factors with respect to Premier American Uranium set out in the documents of PUR filed with the Canadian securities regulators and available under PUR’s profile on SEDAR+ at www.sedarplus.ca.
Although PUR has attempted to identify important factors that could cause actual actions, events or results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. PUR undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities law.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/eadbee05-9fdd-41c7-8464-4541d6263b99
https://www.globenewswire.com/NewsRoom/AttachmentNg/8171ba2a-17bd-4aa5-8331-6b1db8e9dbf0
Former Blue Foundry Bank customers now have access to full suite of Fulton Bank products, services and financial centers
, /PRNewswire/ -- Fulton Financial Corporation (NASDAQ: FULT) ("Fulton") announced the merger of Blue Foundry Bank with and into Fulton Bank, N.A. ("Fulton Bank"), effective July 11, 2026, and the subsequent conversion of Blue Foundry Bank's systems onto Fulton Bank's banking platforms.
"We are excited to welcome Blue Foundry Bank customers to Fulton Bank and to provide access to our full suite of products, services, digital platforms and more than 215 financial centers throughout the Mid-Atlantic region," said Fulton's Curt Myers, Chairman, CEO, and President. "This milestone reflects the tremendous work of our teams who remain deeply committed to maintaining a personalized, relationship-based approach to banking. By combining our strengths, we are better positioned to serve our customers, support our communities, and drive long-term growth in New Jersey."
Fulton Bank has established dedicated support resources to assist customers during the transition and address any questions. Customers are encouraged to visit their local financial center or contact Fulton Bank's Customer Care Center at 1-800-385-8664 for assistance. More details are available at www.FultonBank.com/WelcomeBlueFoundry.
As previously announced, in conjunction with its acquisition of Blue Foundry Bancorp on April 1, 2026, Fulton made a $1.5 million contribution to the Fulton Forward® Foundation—designated to provide impact gifts to nonprofit community organizations in New Jersey.
About Fulton Financial Corporation
Headquartered in Lancaster, Pa., Fulton Financial Corporation is a premier community banking organization and a $34 billion asset financial holding company providing a variety of financial services through its subsidiary bank, Fulton Bank, in Pennsylvania, Maryland, Delaware, New Jersey and Virginia. At Fulton Financial Corporation, we seek to change lives for the better by building strong customer relationships, providing significant community support and empowering more than 3,300 employees to do the same. Through the Fulton Forward® initiative, we're helping build vibrant communities. Learn more at www.FultonBank.com. Member FDIC.
MEDIA CONTACT: Lacey Dean (717) 735-8688
INVESTOR CONTACT: Pat Lafferty (717) 327-2556
DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) will announce second quarter 2026 earnings on Friday, July 31, 2026, before the opening of the New York Stock Exchange. The company will host a conference call at 11 a.m. Eastern time that day to discuss second quarter 2026 earnings results.
The conference call will be available through a live webcast that can be accessed at Eaton.com/investor under “Presentations.” The call replay and news release will also be available at the same link.
Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial and institutional, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re helping to solve the world’s most urgent power management challenges and building a more sustainable society for people today and generations to come.
Founded in 1911, Eaton has continuously evolved to meet the changing and expanding needs of our stakeholders. With revenues of $27.4 billion in 2025, the company serves customers in 180 countries. For more information, visit www.eaton.com. Follow us on LinkedIn.
VIENNA, Va.--(BUSINESS WIRE)---- $CVM #Multikine--CEL-SCI to launch FDA Registration-Enabling Phase 3 Confirmatory Study to bring Multikine to Market for newly diagnosed head and neck cancer.
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Pre-Market Stock Futures: Futures are trading lower as we get ready for the start of second-quarter earnings this week, after a solid winning week on Wall Street. Renewed strikes against Iran and a chip sell-off are weighing on shares on Monday. All of the major indices closed higher on Friday, except the small-cap Russell 2000, which finished down 0.43% at 2,979. The S&P 500 finished a strong week, closing at 7,575, up 0.42%, while the tech-heavy Nasdaq was last seen at 26,281, up 0.29%. The legacy Dow Jones Industrials finished at 52,637, up 0.29%.
Friday saw the debut of Korean semiconductor giant SK hynix (NASDAQ: SKYH), which has been on fire as memory demand has exploded, driven by AI. Shares finished the day up 12.76% at $168.01. The company’s massive U.S. share debut is officially the largest equity share sale by a foreign company in U.S. history, raising almost $26.5 billion, officially eclipsing Alibaba’s (NYSE: BABA | BABA Price Prediction) $25 billion U.S. debut in 2014.
Treasury Bonds: The sellers returned to the Treasury complex as yields rose across the entire curve, with the combination of the ongoing situation with Iran and worries over the federal deficit, which has soared, the main factors behind Friday’s weakness. The ballooning U.S. budget deficits and massive government debt auctions pushed yields higher, as investors demanded higher returns to absorb the large supply coming to market. When the final bell rang, the 30-year Treasury bond closed the session at 5.06%, while the benchmark 10-year note was last seen at 4.56%.
Oil and Gas: After jumping higher on the renewal of air strikes on Iran, oil prices were moderately lower on Friday as the President said that while the ceasefire has been suspended, peace talks are ongoing. Numerous articles over the last few weeks have stressed that many oil-producing Middle Eastern nations are seeking alternative routes to ship their production and avoid the Strait of Hormuz altogether. When the market closed on Friday, Brent Crude was down 0.39% at $76, while West Texas Intermediate was down 0.72% at $71.56. Natural gas, which had a bigger-than-expected inventory build last week, closed Friday at $2.94, down 2.46%.
Gold: After a volatile week, Gold and Silver finished Friday somewhat quietly. The second quarter of 2026 was the worst quarter for Gold since 2013, down 13%; however, many on Wall Street feel that after the strong rally over the last two years, a consolidation period was inevitable. That being said, many also think this is a chance for investors who may have been waiting to start initiating positions to get involved. For pure gold exposure, we have always felt the SPDR Gold Shares ETF (NYSE: GLD) is the best route. Gold closed Friday at $4,119, down just 0.08%, while Silver ended at $59.76, down 0.12%.
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Crypto: Cryptocurrency markets surged on Friday, with Bitcoin breaking above $64,500 and fully recovering its earlier weekly losses. The broader crypto market rose about 1.4%, as Ethereum approached $1,800, while XRP and Solana also posted strong gains. The rebound was primarily fueled by easing geopolitical tensions in the Middle East.
Crypto-related stocks followed suit with a sharp rally, led by Circle Internet Group (NYSE: CRCL), which jumped nearly 15% after receiving approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank. At 8 AM EDT, Bitcoin was trading at $62,900, while Ethereum was last quoted at $1,781.
24/7 Wall St. reviews dozens of analyst research reports every day to identify fresh investment ideas for investors and traders alike. These daily analyst notes include recommendations on stocks to buy, sell, or avoid, as well as new coverage initiations. It is important to remember that no single analyst report should ever be the sole basis for buying or selling a stock.
Here are some of the best Wall Street analyst upgrades, downgrades, and initiations seen on Monday, July 13, 2026.
Upgrades: BeOne Medicines (NASDAQ: ONC) was upgraded to Buy from Hold at Jefferies, which boosted the target price to $380 from $333. Biogen (NASDAQ: BIIB) was upgraded to Buy from Hold at Truist Financial, with a $235 target price objective. Capital One (NYSE: COF) was raised to Buy from Hold at HSBC, with a $229 target price. Deckers Outdoor (NYSE: DECK) was upgraded to Buy from Hold at Jefferies, which raised the price target for the popular retailer to $130 from $110. Shopify (NASDAQ: SHOP) was upgraded to Buy from Hold at Jefferies, which moved the target price for the shares to $160 from $140. Downgrades: Best Buy Co (NYSE: BBY) was cut to Hold from Buy at Loop Capital, with an unchanged $82 target price. Kymera Therapeutics (NASDAQ: KYMR) was cut to Sector Perform from Outperform at RBC Capital, which bumped the target price up to $115 from $106. Resmed (NYSE: RMD) was downgraded to Neutral from Buy at Citigroup, which cut the target price for the stock to $235 from $270. Papa John’s International (NASDAQ: PZZA) was downgraded to Underperform from Neutral at Bank of America, which trimmed the target price for the pizza giant to $34 from $42. Sezzle (NASDAQ: SEZL) was downgraded to Market Perform from Outperform at Keefe Bruyette, which raised the price target for the shares to $190 from $115. Initiations: Atmos Energy (NYSE: ATO) was initiated with an Overweight rating at Wells Fargo, which has set a $200 target price. BelFuse (NASDAQ: BELFA) was initiated with a Buy rating at Citigroup, with a $325 target price. Costco Wholesale (NASDAQ: COST) was started with a Sector Perform rating at RBC Capital, which has a $1,000 target for the big-box retail giant. Fastenal Company (NASDAQ: FAST) was initiated with a Buy rating at Rothschild & Co Redburn, with a $55 target price. Walt Disney (NYSE: DIS) was started with a Buy rating at Benchmark, with a $115 target price objective for the entertainment behemoth.
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DALLAS--(BUSINESS WIRE)--AECOM (NYSE: ACM), the trusted global infrastructure leader, today announced it has been selected as Independent Certifier for the design and construction of The Wave – Stage 1, with joint venture partner Bureau Veritas. As Queensland’s next major rail project, The Wave will enhance regional connectivity, reduce road congestion, improve accessibility, and support population growth as part of the 2032 Delivery Plan for the Brisbane 2032 Olympic and Paralympic Games.
For the next six years, the joint venture will certify the design and construction of a new dual-track rail line from Beerwah to Caloundra that includes new and upgraded stations along the line. Through this work, the joint venture will ensure the project meets its safety, operational and regulatory objectives.
"The Wave represents a transformative step forward for South East Queensland, connecting the eastern communities of the Sunshine Coast to the passenger rail network and making travel simpler for thousands of residents across the region,” said Mark McManamny, chief executive of AECOM’s Australia and New Zealand region. “As Independent Certifier, we are focused on giving the Queensland Government, communities and future users confidence that the project meets the standards expected of infrastructure that will serve the region for generations.”
AECOM brings deep, multidisciplinary expertise across rail, transport and major infrastructure, with a proven track record of delivering Independent Assurance on some of Australia's most complex and high-profile projects, including Melbourne Metro Tunnel, Sydney Metro Brownfields and the M1 Pacific Motorway extension to Raymond Terrace.
“We continue to win premier roles on a robust pipeline of major transportation opportunities in Australia,” said Russell Jackson, interim chief executive of AECOM’s global Transportation business. “Our advantage is the result of decades-long investment in trusted, local teams backed by the technical knowledge of the #1 Transportation design firm in the world, as ranked by Engineering-News Record. We’re proud to support Australia’s federal, state and local governments as they continue to prioritize transportation modernization and capacity upgrades, particularly ahead of the Brisbane 2032 Olympic and Paralympic Games.”
The Wave is a key component of the Queensland Government’s 2032 Delivery Plan and infrastructure program for the Games. Beyond the Games, the project is expected to strengthen regional connectivity across the Sunshine Coast, improving access to employment hubs, social infrastructure and tourist destinations throughout the region.
About AECOM
AECOM (NYSE:ACM) is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. Our teams’ partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2025. Learn more at aecom.com.
Forward-Looking Statements
All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, capital allocation strategy including stock repurchases, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; government shutdowns; changes in administration or other funding directives and circumstances that cause governmental agencies to modify, curtail or terminate our contracts; government contracts are subject to audits and adjustments of contractual terms; long-term government contracts are subject to uncertainties related to government contract appropriations; losses under fixed-price contracts; limited control over operations run through our joint venture entities; liability for misconduct by our employees or consultants; changes in government laws, regulations and policies, including failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; our capital allocation strategy, including our ability to continue payment of dividends and purchase stock; exposure to political and economic risks in different countries, including tariffs and trade policies, geopolitical events, and conflicts; inflation, currency exchange rates and interest rate fluctuations; changes in capital markets and stock market volatility; retaining and recruiting key technical and management personnel; legal claims and litigation; inadequate insurance coverage; environmental law compliance and inadequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; managing pension costs; AECOM Capital real estate development; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas construction businesses, including the risk that any purchase adjustments from those transactions could be unfavorable and any future proceeds owed to us as part of the transactions could be lower than we expect; risks associated with our strategic initiatives, including AI investments and potential acquisitions and divestitures; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.
ANDOVER, Mass., July 13, 2026 (GLOBE NEWSWIRE) -- MKS Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today announced that the Company will release second quarter 2026 financial results after market close on Wednesday, August 5, 2026.
A conference call with management will be held on Thursday, August 6, 2026 at 8:30 a.m. (Eastern Time). A live and archived webcast of the call can be accessed on the company’s website at https://investor.mks.com/, or by registering as a Participant by clicking here. We encourage participants to register at least 15 minutes prior to the start of the call.
About MKS Inc.
MKS Inc. (NASDAQ: MKSI) enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. We apply our broad science and engineering capabilities to create instruments, subsystems, systems, process control solutions and specialty chemicals technology that improve process performance, optimize productivity and enable unique innovations for many of the world’s leading technology and industrial companies. Our solutions are critical to addressing the challenges of miniaturization and complexity in advanced device manufacturing by enabling increased power, speed, feature enhancement, and optimized connectivity. Our solutions are also critical to addressing ever-increasing performance requirements across a wide array of specialty industrial applications. Additional information can be found at www.mks.com.
Seasoned Cybersecurity and Channel Sales Executive to Lead Global Sales, Partner Ecosystem, Support and Sales Operations
BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE: NABL), a global cybersecurity company delivering business resilience, today announced the appointment of Russell Rosa as Chief Revenue Officer (CRO), effective July 13, 2026. In this role, Rosa will assume full responsibility for N-able's global sales organization, channel and partner ecosystem, support, and sales operations. With significant leadership experience across cybersecurity, AI, and SaaS, Rosa brings the proven expertise to accelerate N-able's next phase of revenue growth through its global channel network protecting more than 500,000 businesses worldwide.
Concurrent with this appointment, Frank Colletti has left his role as N-able's Executive Vice President and Chief Revenue Officer. N-able thanks Colletti for more than two decades of service and the instrumental role he played in building the company's culture, global presence, and go-to-market foundation.
A Proven Revenue Leader Built for the Channel
Russell Rosa joins N-able with a more than 25-year proven track record executing highly successful channel sales strategies and partner-driven go-to-market motions across global markets. Most recently, Rosa served as Chief Revenue Officer at Sumo Logic, where he led the global sales and partner organization across North America, EMEA, and Asia-Pacific, consistently delivering double-digit growth while building high-performing, collaborative teams. Prior to his CRO role, he served as Sumo Logic's Senior Vice President of Americas Sales, overseeing enterprise and public sector teams across North America, Canada, and Latin America.
Before Sumo Logic, Rosa built decades of progressive sales leadership at Cisco, Actifio, and VCE (a joint venture of VMware, Cisco, and EMC). At Actifio, he built worldwide sales channels and a go-to-market strategy from the ground up. Across these roles, Rosa developed a career defined by scaling channel programs and achieving strong growth. He holds a BSBA in Marketing and an MBA in Management from Suffolk University’s Sawyer Business School.
Rosa's appointment reflects a deliberate investment in N-able's channel-first commercial model. His commitment to customer outcomes and partner-driven growth is a natural fit for N-able's robust channel approach, serving businesses of all sizes through MSPs, VARs, and distributors worldwide.
John Pagliuca, Chief Executive Officer of N-able, said:
“Businesses around the world are navigating unprecedented complexity and risk, and the partners who serve them—whether MSPs, VARs, or distributors—need a trusted cybersecurity vendor that understands their business and the threat landscape firsthand. Russell has spent his career building exactly that kind of channel organization. His track record at scale in cybersecurity, combined with a genuine commitment to partner success, is precisely what N-able needs to accelerate our next phase of growth. We are thrilled to welcome him to the team.”
Russell Rosa stated:
“The depth and diversity of N-able’s channel is incredible. MSPs, VARs, and distributors all play a role in how N-able protects customers ranging from small businesses to large enterprises, and navigating that complexity is what I’ve built my career around. My focus will be on strengthening those partner relationships, building programs that help the channel grow, and running a sales organization built for consistent, repeatable execution. I am thrilled to join the N-able team and look forward to getting to work!”
About N-able
N-able protects businesses from evolving cyberthreats. Our AI powered cybersecurity platform delivers business resilience to more than 500,000 organizations worldwide, leveraging advanced end-to-end capabilities, simplified workflows, market leading integrations, and flexible deployment options to improve efficiency and drive critical security outcomes. Our partner first approach pairs our technology with experts, training, and peer-led events that empower customers to be secure, resilient, and successful. n-able.com
The N-able trademarks, service marks, and logos are the exclusive property of N-able Solutions ULC and N-able Technologies Ltd. All other trademarks are the property of their respective owners.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks and uncertainties. Actual results may differ materially. Readers are referred to the Company's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, for a discussion of risks that could cause actual results to differ materially from those expressed in any forward-looking statement.
Toronto, Ontario--(Newsfile Corp. - July 13, 2026) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging restaurant brands, is pleased to announce that further to its news release on June 15th announcing the signing of the largest Multi-Unit Franchise Agreement to date for 45 Locations Led by Alex Rechichi and Bedford Park Capital for Heal Wellness, the franchise group has now secured a real-estate location in Toronto's Leaside neighborhood, at the prominent intersection of Eglinton Avenue East and Laird Drive, as they accelerate their openings through the remainder of 2026 and 2027. Heal Wellness ("Heal") is a fast-growing quick-service restaurant ("QSR") brand specializing in fresh smoothie bowls, açaí bowls, and smoothies, built around clean ingredients and a better-for-you lifestyle.
Happy Belly 1
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Toronto's Leaside neighborhood is one of the city's most established and sought-after urban communities, anchored by a dense residential population, strong household incomes, and a dynamic mix of families, professionals, and students. Situated at the prominent intersection of Eglinton Avenue East and Laird Drive, the location benefits from exceptional visibility, high daily traffic, major national retailers, office employment, and continued investment through the Eglinton Crosstown LRT. Together, these attributes create an ideal environment for Heal's fresh smoothie bowls, açaí bowls, and clean-ingredient smoothies, serving consumers seeking convenient, health-forward meal options throughout the day.
"Securing a real estate location in Toronto's Leaside neighborhood for one of our multi-unit franchisees is an important step in Heal's disciplined, asset-light expansion strategy," said Sean Black, Chief Executive Officer of Happy Belly Food Group. "Our strategy is to partner with experienced franchisees and secure premier locations that can deliver sustainable, long-term growth. Leaside checks every box, from its strong demographics and established retail ecosystem to its exceptional accessibility and growing transit connectivity. This is exactly the type of market where Heal's premium wellness-focused offering can become part of customers' daily routines, and we're excited to continue building our presence across the Greater Toronto Area."
Happy Belly 2
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"Heal Wellness continues to expand rapidly across Canada and into the United States, solidifying its position as a leading acai and smoothie bowl brand," said Sean Black. "With 44 locations now open and more than 164 in development, Heal remains a key driver of growth within Happy Belly's broader portfolio of 686 contractually committed retail franchise locations across multiple emerging brands in various stages of development, construction, and operation. We continue to build a predictable and disciplined growth engine designed to create long-term shareholder value."
"We are just getting started", said Sean Black.
About Heal Wellness
Heal Wellness was founded with a passion and mission to provide quick, fresh wellness foods that support a busy and active lifestyle. We currently offer a diverse range of smoothie bowls and smoothies. We take pride in meticulously selecting every superfood ingredient on our menu to fuel the body, including acai smoothie bowls, smoothies, and super-seed grain bowls. Our smoothie bowls are crafted with real fruit and enriched with superfoods like acai, pitaya, goji berries, chia seeds, and more.
Franchising
For franchising inquiries please see www.happybellyfg.com/franchise-with-us/ or contact us at [email protected].
About Happy Belly Food Group
Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company") is a leader in acquiring and scaling emerging food brands across Canada.
Happy Belly 3
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Sean Black
Co-founder, Chief Executive Officer
Shawn Moniz
Co-founder, President
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.
All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Forward-Looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include the future performance of Happy Belly and her subsidiaries. Forward-Looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for Happy Belly described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis and other disclosure filings with Canadian securities regulators, which are posted on www.sedarplus.ca.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304902
Source: Happy Belly Food Group Inc.
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Mr. Rath brings senior leadership experience in business development across a range of biopharmaceutical companies July 13, 2026 08:00 ET | Source: Geron Corporation
FOSTER CITY, Calif., July 13, 2026 (GLOBE NEWSWIRE) -- Geron Corporation (Nasdaq: GERN), a commercial-stage biopharmaceutical company aiming to change lives by changing the course of blood cancer, today announced the appointment of Chinmaya Rath as Chief Business Officer.
“Chinmaya is an experienced business development leader who will bring strategic insights and further executional focus to our team,” said Harout Semerjian, President and Chief Executive Officer of Geron. “His appointment underscores our continued dedication to maximizing the value of RYTELO across the globe and evaluating opportunistic innovation to build a leading hematology company.”
“RYTELO’s best-in-class profile, strong commercial performance in lower-risk myelodysplastic syndromes, along with the management team’s commitment to operational excellence, position Geron well for continued growth,” said Mr. Rath. “I am honored to join Geron at this exciting time in the company’s evolution and look forward to working with the team to make a meaningful impact on the lives of people with blood cancers.”
Mr. Rath brings over 25 years of U.S. and global biopharma leadership experience to Geron. He spent a significant portion of his career at Novartis, advancing through roles of increasing responsibility with substantial experience leading high-impact, enterprise-wide strategic initiatives, including the integrations of GSK Oncology and Alcon.
Most recently, he served as Head of Pharma Solutions at Cellworks and Chief Business Officer at GlycoMimetics. He also served as Founder CEO of CelluRx, and as Vice President of Innovation and Strategic Alliances at Omega Therapeutics. He has been instrumental in major U.S. launches across both hematology (Tasigna® TFR, Ped) and solid tumors (Lynparza® ovarian cancer, co-promotion with Merck). He formerly served as Head of Strategy and Operations for the Novartis U.S. Oncology Business Unit. Additionally, as a Venture Partner with Social Impact Capital, he represents the firm on the Board of Directors at Catena Biosciences and as a Board Observer at Menten AI.
Mr. Rath received his MBAs from Warwick Business School in the United Kingdom and Army Institute of Management studies in India. He completed his undergraduate studies in Life Science with honors from Ravenshaw University, India.
About Geron
Geron is a commercial-stage biopharmaceutical company aiming to change lives by changing the course of blood cancer. Our first-in-class telomerase inhibitor RYTELO® (imetelstat) is approved in the United States and the European Union for the treatment of certain adult patients with lower-risk myelodysplastic syndromes with transfusion dependent anemia. We are also conducting a pivotal Phase 3 clinical trial of imetelstat in JAK-inhibitor relapsed/refractory myelofibrosis, as well as studies in other hematologic malignancies. Inhibiting telomerase activity, which is increased in malignant stem and progenitor cells in the bone marrow, aims to potentially reduce proliferation and induce death of malignant cells. To learn more, visit www.geron.com or follow us on LinkedIn.
Use of Forward-Looking Statements
Except for the historical information contained herein, this press release contains forward-looking statements made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such statements, include, without limitation, those regarding: (i) Geron’s ability to advance its strategy to build a leading, sustainable hematology company; (ii) Geron’s commercial strategy positioning it for long term sustainable growth; (iii) Geron delivering on its strategic priorities and driving value creation for patients and shareholders; and (iv) and other statements that are not historical facts, constitute forward-looking statements. These forward-looking statements involve risks and uncertainties that can cause actual results to differ materially from those in such forward-looking statements. These risks and uncertainties, include, without limitation, risks and uncertainties related to: (a) whether Geron is successful in commercializing RYTELO for the treatment of certain patients with lower-risk MDS with transfusion dependent anemia and achieves market acceptance across the breadth of the eligible patient segments in RYTELO’s approved indication; (b) whether the FDA and European Commission will approve imetelstat for other indications on the timelines expected, or at all; (c) Geron’s plans to commercialize RYTELO outside of the U.S. and risks related to operating outside of the U.S.; (d) Geron’s future opportunities and plans, including the uncertainty of future revenues, expenses and other financial performance and results; (e) whether Geron overcomes potential delays and other adverse impacts that may be caused by enrollment, clinical, safety, efficacy, technical, scientific, intellectual property, manufacturing, regulatory and healthcare challenges in order to have the financial resources for and meet expected timelines and planned milestones; (f) whether regulatory authorities permit the further development of imetelstat on a timely basis, or at all, without any clinical holds; (g) whether any future safety or efficacy results of RYTELO treatment cause its benefit-risk profile to become unacceptable; (h) whether imetelstat actually demonstrates disease-modifying activity in patients and the ability to target the malignant stem and progenitor cells of the underlying disease; (i) whether Geron meets its post-marketing requirements and commitments for RYTELO; and (j) whether there are failures or delays in manufacturing or supplying sufficient quantities of RYTELO (imetelstat) or other clinical trial materials that impact commercialization of RYTELO or the continuation of clinical trials. Additional information on the above risks and uncertainties and additional risks, uncertainties and factors that could cause actual results to differ materially from those in the forward-looking statements are contained in Geron’s filings and periodic reports filed with the Securities and Exchange Commission under the heading “Risk Factors” and elsewhere in such filings and reports, including Geron’s annual report on Form 10-K for the year ended December 31, 2025. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made, and the facts and assumptions underlying the forward-looking statements may change. Except as required by law, Geron disclaims any obligation to update these forward-looking statements to reflect future information, events, or circumstances.
Investors and Media
Dawn Schottlandt
Senior Vice President, Investor Relations and Corporate Affairs [email protected]
Výsledková sezóna v USA se tento týden začíná rozbíhat. V centru pozornosti bude především finanční sektor, zejména výsledky velkých amerických bank, jako jsou JPMorgan Chase, Bank of America, Goldman Sachs, Wells Fargo, Citi či Morgan Stanley. Investoři budou sledovat také výsledky správce aktiv BlackRock. Mimo finance budou důležité také výsledky ze segmentu polovodičů, kde reportují ASML a TSMC. Pozornost investorů přitáhne rovněž Netflix, zatímco zdravotnický sektor zastoupí UnitedHealth Group, Johnson & Johnson, Abbott a Intuitive Surgical.
Přehled vybraných společností reportujících své výsledky v tomto týdnu (zdroj: síť X - Earnings Whispers)
Úterý (14. července) USA (před trhem): JPMorgan Chase, Bank of America, Goldman Sachs, Wells Fargo, Citi, Fastenal, Ericsson
Středa (15. července) USA (před trhem): Johnson & Johnson, ASML, Morgan Stanley, BlackRock, Progressive, The Bank of New York Mellon, PNC Financial Services, Elevance Health, Cintas, M&T Bank
USA (po trhu): United Airlines, J.B. Hunt Transport Services
Eurozóna (před trhem): ASML
Čtvrtek (16. července) USA (před trhem): UnitedHealth Group, General Electric, Abbott Laboratories, Prologis, U.S. Bancorp, Kinder Morgan, State Street, Citizens Financial Group
USA (po trhu): Netflix, Intuitive Surgical
Evropa (před trhem): ABB, Nordea Bank
Taiwan: TSMC
Pátek (17. července) USA (před trhem): The Travelers, Truist Financial, Fifth Third Bancorp, Regions Financial
July 13, 2026 06:45 ET | Source: Brookfield Corporation
BROOKFIELD, NEWS, July 13, 2026 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) will host its second quarter 2026 conference call and webcast on Thursday, August 13, 2026, at 10:00am (ET).
Results will be released that morning at approximately 7:00am (ET) and available on our website at https://bn.brookfield.com/events-news/press-releases
Participants can join by conference call or webcast:
Conference Call
Please pre-register by conference call:
https://register-conf.media-server.com/register/BI33fe6ec1392e4d5b96be7ae5bf3808cf Upon registering, you will be emailed a dial-in number, and unique PIN. This process will bypass the operator and avoid the queue. Webcast
Please join and register by webcast: https://edge.media-server.com/mmc/p/54f6ymvpReplay of the event is available on the above webcast link for 90 days. About Brookfield Corporation
Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world. We have three core businesses: Asset Management, Wealth Solutions, and our Operating Businesses which are in infrastructure, energy, private equity, and real estate.
We have a track record of delivering 15%+ annualized returns to shareholders for over 30 years, supported by our unrivaled investment and operational experience. Our conservatively managed balance sheet, extensive operational experience, and global sourcing networks allow us to consistently access unique opportunities. At the center of our success is the Brookfield Ecosystem, which is based on the fundamental principle that each group within Brookfield benefits from being part of the broader organization. Brookfield Corporation is publicly traded in New York and Toronto (NYSE: BN, TSX: BN).
For more information, please visit our website at bn.brookfield.com or contact:
NuScale Power (SMR +0.11%) went public in 2022. Shares of the nuclear energy stock struggled out of the gate. From August 2022 through the end of 2023, NuScale's share price collapsed by more than 80%.
Then, something incredible happened: NuScale shares went on an incredible bull run. From the start of 2024 to the summer of 2025, NuScale stock soared by more than 1,800%!
What caused NuScale's resurgence? One catalyst: the rise of AI.
The artificial intelligence industry needs more energy to power its energy-intensive data centers. And NuScale's small modular reactor (SMR) technology could be the solution.
After its astronomical rise, however, investor enthusiasm began to wane. Since last summer, NuScale's stock price has once again slumped by more than 80%.
Is this another clear buying opportunity? To determine that, we must understand what the next few years will look like for the company.
Today's Change
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What will happen to NuScale Power now? NuScale's SMR technology is the real deal. The company was the first to receive approval from the Nuclear Energy Commission for its SMR designs in 2020. In 2025, regulators approved another upscaled design, prompting the company to announce itself as "the most near-term American SMR power solution."
SMRs are gaining real steam as a potential energy solution for the AI industry's rapidly rising energy needs. Bank of America analysts predict that nuclear energy will be a $10 trillion opportunity over the next couple of decades, with SMRs playing a key role.
"[N]ew advancements in technology may now make the tipping point in sight for small modular reactors (SMRs) to reshape nuclear energy supply chains over the next decade," the bank concludes.
Image source: Getty Images
NuScale has several projects in its pipeline. But these projects have suffered several delays, and even outright cancellations. The company's SMR development in Romania, for example, has seen its completion date pushed back from 2030 to 2034.
Repeated struggles with advancing its project pipeline make NuScale a difficult business to forecast over the next few years. It is this uncertainty that is likely plaguing the current stock price. Keep in mind that only a handful of SMR facilities currently operate worldwide. So what NuScale is attempting to do -- that is, scale production of a relatively novel energy source -- is far from guaranteed despite rosy predictions for the SMR industry overall.
I'll be mostly watching NuScale's project with the Tennessee Valley Authority: a 6GW SMR project located in the eastern United States. I don't expect that project to be built in the next three years, but we could receive news of a power purchasing agreement as early as this December, committing the utility to buying power from NuScale's facility for decades to come.
In short, don't expect NuScale to have any operational facilities by the end of this decade. The stock price, therefore, will swing based on investor confidence in its project pipeline. Swings in the market's assessment of NuScale's risk profile, therefore, should result in heavy volatility for the stock -- both up and down.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of NBIS 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.
, /PRNewswire/ -- Hut 8 Corp. (Nasdaq, TSX: HUT) ("Hut 8" or the "Company"), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies, today announced it will release financial results for the second quarter of 2026 before the market opens on August 4, 2026. The Company will host a conference call and webcast to review the results on the same day at 8:30 a.m. ET.
Conference Call and Webcast Details
Date: Tuesday, August 4, 2026
Time: 8:30 a.m. ET
To register for the webcast, use the following link: https://app.webinar.net/aA6jEPYlwy5.
Supplemental Materials and Upcoming Communications
For important news and information regarding the Company, including investor presentations and timing of future investor conferences, visit the Investor Relations section of the Company's website, hut8.com/investors, and its social media accounts, including on X and LinkedIn. The Company uses its website and social media accounts as primary channels for disclosing key information to its investors, some of which may contain material and previously non-public information.
About Hut 8
Hut 8 is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies such as AI, high-performance computing, and ASIC compute. The Company develops, commercializes, and operates industrial-scale energy and data center infrastructure through a power-first, innovation-driven approach. For more information, visit hut8.com.
Vertical Aerospace ("Vertical" or the "Company") (NYSE: EVTL), a global aerospace and technology company that is pioneering electric aviation, today provided a
The iShares Morningstar Small-Cap Growth ETF (ISCG 0.69%) provides a low-cost, highly diversified approach to small-cap growth, while the Invesco S&P SmallCap 600 Pure Growth ETF (RZG 0.86%) offers a more concentrated strategy.
Both funds target the small-cap growth segment but build their portfolios in different ways. ISCG follows a traditional market-cap-weighted index of small companies, while RZG screens the S&P SmallCap 600 for stocks with the strongest growth characteristics -- such as sales growth, earnings momentum, and price momentum -- and weights its holdings accordingly.
Snapshot (cost & size)MetricRZGISCGIssuerInvescoiSharesExpense ratio0.35%0.06%1-year return (as of July 9, 2026)38.84%27.53%Dividend yield0.42%0.57%Beta1.041.22AUM$135.9 million$1.0 billionBeta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-year return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
ISCG is significantly cheaper, with an expense ratio of 0.06%, compared to RZG’s 0.35%. ISCG also offers a slightly higher dividend yield of 0.57%, compared to RZG's 0.42% -- a modest edge for income-minded investors.
Performance & risk comparisonMetricRZGISCGMax drawdown (5 yr)(38.33%)(41.47%)Growth of $1,000 over 5 years (total return)$1,375$1,298What's insideLaunched in 2004, ISCG tracks a broad index of small-cap growth stocks. The fund has heavy concentrations in industrials and technology at 23.9% and 22.5%, respectively, as well as healthcare at 17.9%. With 933 holdings, it offers extensive diversification, minimizing individual stock risk. Its largest positions include Sterling Infrastructure (STRL 3.47%) at 0.8%, Okta (OKTA 6.89%) at 0.7%, and Guardant Health (GH 2.46%) at 0.6%.
RZG provides a narrower portfolio of 125 stocks, built from the S&P SmallCap 600 index. This index uses a growth-score methodology that favors companies with strong sales growth, earnings momentum, and price momentum. Its top sector allocations are healthcare at 25.1%, technology at 17.3%, and industrials at 16.4%. RZG’s approach leads to higher concentration than ISCG's, with top holdings including ACM Research (ACMR 2.87%) at 3.7%, Powell Industries (POWL 1.80%) at 2.0%, and Argan (AGX 8.32%) at 2.0%. RZG fund was launched in 2006.
For more guidance on ETF investing, check out the full guide at this link.
What this means for investorsThe choice between these two funds really comes down to how much an investor is willing to pay for the potential to outperform.
Cost is almost always a primary consideration when two funds target a similar corner of the market. ISCG's 0.06% expense ratio is about as cheap as small-cap investing gets -- on a $10,000 investment, ISCG charges roughly $6 a year, versus about $35 a year for RZG. Over long holding periods, that fee gap can compound meaningfully.
That said, RZG's recent outperformance isn't surprising given the type of stocks it holds. By concentrating on companies already showing strong sales and earnings momentum, growth-oriented funds like RZG tend to do well when those trends stay intact -- but that same concentration can cut both ways if momentum fades or a handful of its largest holdings stumble. ISCG's broader, market-cap-weighted approach spreads that risk across more than 900 companies, trading some upside potential for more diversified exposure to the small-cap growth space.
Investors who want the cheapest, most diversified way to own small-cap growth stocks may lean toward ISCG, while those comfortable with more concentrated bets on recent momentum, and willing to pay more for it, may find RZG's recent track record more appealing. As with any small-cap allocation, these funds are probably best used as a slice of a diversified portfolio rather than a core holding, given the added volatility that comes with smaller companies.
Every company needs working capital, particularly to get things going. Space Exploration Technologies (SPCX 4.51%) is no exception.
The timing and scope of SpaceX's most recent fundraising, however, are a bit of a red flag. We're not talking about SpaceX's mid-June initial public offering, which raised proceeds of $85.7 billion when demand exceeded the $75 billion worth of stock it originally intended to issue.
Surprise! Without nearly as much fanfare as that surrounding the record-breaking June 12 IPO, late last month SpaceX issued $25 billion in bonds with maturity dates extending all the way out to 2056. The primary purpose of these funds was to fully pay off its bridge loan, which stood at $20 billion as of the end of March. Any remaining proceeds were earmarked for "general corporate purposes," although nearly $10 billion more in other debt-based financing remains on the company's balance sheet.
Image source: Getty Images.
This begs the (not entirely rhetorical) question: Why didn't the company just sell enough stock less than two weeks earlier to eliminate this debt entirely? It certainly wasn't a lack of demand, or pricing power, or availability of shares to issue. SpaceX is now a $2 trillion behemoth, with only a tiny fraction of the company now publicly traded.
More to the point, perhaps the bond sale should have been disclosed -- even if only as a possibility -- prior to the public offering, particularly given that SpaceX is going to remain in the red for a while and is likely to raise more money in the foreseeable future. That was the case when CEO Elon Musk was turning Tesla into an electric vehicle titan, anyway.
That's not the only curveball SpaceX shareholders were thrown since its IPO, either. Shortly after its initial public offering, the company also disclosed its intent to acquire Anysphere, the parent company of AI coding specialist Cursor, for $60 billion, payable in stock. Again, it's material information that could have been -- and arguably should have been -- disclosed to investors prior to the public offering, given how few shares are now issued and outstanding.
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Ordinary shareholders aren't in charge There's nothing illegal, atypical, or untoward about any of it. Companies acquire other companies. Young companies are often unprofitable at the beginning and need cash, which is often supplied by the sale of stock at a bargain relative to that ticker's long-term potential.
The worry here, rather, is the lack of transparency that's already evident in just the first few days of SpaceX's existence as a publicly traded entity. It hasn't yet earned the leeway with investors to make a major acquisition at a price three times last year's revenue. The company's not yet deserving of the right to simply turn a bridge loan into a long-term debt burden that could be difficult for the unprofitable outfit to service with actual operating profits anytime soon.
Yet, that's exactly what's happened.
Shareholders should be hoping this sort of unilateral, unchecked decision-making doesn't remain the norm. Given that Musk controls over 80% of total shareholder voting rights, however, there's little that investors could do if it does.
As Space Exploration Technologies Corp. (NASDAQ: SPCX) stock opened Monday, July 13, at a new lower low since hitting the all-time high (ATH), analysts at TrendSpider, an AI-powered market analysis platform, signaled a bearish outlook.
In an X post on 12, the platform noted that the SpaceX stock price chart could be in the early phase of breaking out of a descending triangle. The analyst at TrendSpider argued that SPCX stock has fallen below the horizontal support of the falling wedge, signaling a downtrend.
SpaceX stock price chart. Source: TrendSpider After closing Friday trading at $145.30, SpaceX stock traded around $143.77 during Monday’s pre-market trading session. As such, sellers of SPCX stock have been outnumbering existing buyers, thereby increasing post-IPO (Initial Public Offering) selling pressure.
The analyst supported the bearish technical breakout by citing the company’s low revenue relative to its market capitalization. Notably, SpaceX recorded $18 billion in revenue and a market capitalization of approximately $1.9 trillion at press time.
Meanwhile, the analyst argued that Amazon.com, Inc. (NASDAQ: AMZN) posted revenue of $747 billion in 2025 and had a market cap of about $2.6 trillion at the time of reporting.
Wall Street’s SpaceX stock price forecast 2026 Despite the near-term bearish outlook for SpaceX stock, 27 Wall Street analysts surveyed by TipRanks have set an average price target of $245.96 over the next 12 months. The majority of these analysts assigned a Buy rating for SpaceX shares, thus the average ‘Strong Buy’ rating.
SpaceX stock price forecast. Source: TipRanks Although the company’s midterm technicals have signaled a potential further correction, Wall Street analysts have pointed out its strong fundamentals. For instance, the company was added to the Nasdaq-100 index, which tracks the 100 largest non-financial companies listed on Nasdaq.
Additionally, SpaceX’s AI ventures, including its recently acquired Cursor, have helped the company attract investors seeking exposure to AI stocks. As such, SpaceX stock could rebound in the long haul, fueled by increased revenue from its AI segment.
In a dazzling display of market enthusiasm last month, Space Exploration Technologies (SPCX 4.51%) completed the largest initial public offering (IPO) in history. Debuting at $150 per share, SpaceX was instantly propelled into the ranks of the world's most valuable companies.
The historic event reflected genuine excitement over the company's ability to lower the cost of putting satellites into orbit through reusable rocket technology, its expanding Starlink constellation, and an emerging role in the artificial intelligence (AI) landscape.
Supported by synergies from xAI and Cursor, these factors painted a picture of a company uniquely positioned to dominate not only launch services but also the data and connectivity layers that underpin modern society.
Image source: Getty Images.
SpaceX's post-IPO reality check Within a month of going public, SpaceX's stock has now slipped below its $150 debut price, and the company's market capitalization has contracted by roughly $1 trillion from its highs. At the post-IPO peak, SpaceX commanded a $2.9 trillion market value -- a valuation that was undoubtedly stretched relative to its current revenue and inconsistent profitability.
Much of the selling pressure stemmed from a sober reassessment of the company's business model, which features heavy capital expenditures (capex) required to increase Starship production and Starlink deployments. Some investors also have doubts about the speed and scale at which the company can complement existing product lines with meaningful AI-driven revenue.
SPCX Market Cap data by YCharts
This fueled a typical post-IPO pattern: Momentum investors and day traders who had piled into the IPO for a quick pop began locking in gains, amplifying downward pressure and leaving unsuspecting investors holding the bag.
Tailwinds pointing toward a recovery in SpaceX stock The same dynamics that fueled SpaceX's original surge could be the recipe for a credible path to recovery. SpaceX's vertically integrated model -- managing rocket design, manufacturing, launch cadence, and satellite production -- gives the company an edge when it comes to cost discipline and product iteration speed. This reduces the need to rely on external suppliers and accelerates the timeline for routine, low-cost heavy-lift capability with Starship.
Recent AI-focused agreements with Anthropic, Google Cloud, and Reflection further strengthen the bull case. These partnerships carry more than headline value; they provide tangible validation that established AI developers recognize the value of collaborating with SpaceX.
By combining Starlink's global, low-latency network with AI model deployment and edge computing, these collaborations help counter the notion that SpaceX cannot evolve into a serious player in AI infrastructure. Instead, they position the company as a core connectivity backbone for distributed AI workloads.
Against this backdrop, AI is becoming a natural extension of SpaceX's core segments: advancing space exploration through intelligent autonomy, expanding connectivity through low-orbit satellites, and ultimately reshaping telecommunications networks that legacy terrestrial carriers struggle to replicate.
How should you approach investing in SpaceX stock?
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Investors weighing a position in SpaceX stock should exercise measured patience rather than hoping for a quick rebound. Although the pullback from its post-IPO highs has created a more attractive entry point, sentiment rarely reverses on a dime after such a dramatic retreat.
Operational milestones will be required before broader investor confidence returns, especially from institutional capital. These catalysts are more realistically recognized during the course of several quarters than in mere weeks.
Adopting a multiyear investment horizon makes the most sense. During this time frame, the compounding effects of lower launch costs, global broadband expansion, and AI-enabled services have a better chance of materially increasing revenue and expanding profit margins. The prudent way to invest in SpaceX stock is through dollar-cost averaging, committing capital across market cycles rather than attempting to time a bottom and going all-in. This strategy mitigates the inherent volatility that comes with investing in a high-growth, capital-intensive business.
Short-term traders will likely continue driving price swings. In the long run, however, the current environment favors disciplined investors who remain focused on SpaceX's gradual transformation over those who make speculative bets on an imminent turnaround.
Three members of the U.S. House of Representatives purchased SpaceX (NASDAQ: SPCX) shares within days of the company’s record-breaking initial public offering (IPO).
The trades occurred as the stock surged following its market debut, drawing interest because of the lawmakers’ committee assignments and SpaceX’s extensive business ties with the federal government.
Notably, SpaceX completed the largest IPO in history on June 12, 2026, pricing shares at $135 and raising about $75 billion. The stock surged to close near $192.50 on June 15 and briefly climbed as high as $225 in the following days.
Now the Congress trade disclosures show that Rep. Daniel Meuser reported a dependent child’s purchase of between $15,001 and $50,000 in SpaceX stock on June 15 at an average price of $192.50.
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On the same day, Rep. John McGuire bought between $1,001 and $15,000 worth of shares at the same price.
Three days later, Rep. Gilbert Ray Cisneros Jr. purchased between $1,001 and $15,000 worth of SpaceX stock at an average price of $185.
The purchases came just days after SpaceX’s historic IPO, when strong investor demand pushed the stock well above its $135 offering price.
SpaceX stock trades source of interest The trades are of interest because all three lawmakers serve on committees with oversight of areas relevant to SpaceX.
For instance, Meuser sits on the House Financial Services Committee, while McGuire and Cisneros are linked to the House Armed Services Committee.
SpaceX is a major U.S. government contractor through its launch business and Starlink satellite network, both of which have growing defense and national security applications.
While the STOCK Act permits lawmakers to own and trade individual stocks if transactions are disclosed, critics argue that investments in companies affected by federal policy can create potential conflicts of interest.
The purchases were made near SpaceX’s early post-IPO highs. Since then, the stock has been volatile as investors reassess its valuation, growth outlook, and upcoming insider share unlocks. By press time, SPCX was valued at $145.
SpaceX one-month stock price chart. Source: Finbold SpaceX’s market debut pushed its valuation into about $2 trillion, making it one of the world’s most valuable public companies.
However, analysts have cautioned that sustaining those levels will depend on continued growth in launches, Starlink, and future space ventures.
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Apple sues OpenAI, former employees. (00:13) This strike could cost Hyundai. (01:32) Wall Street is craving CAKE. (02:31)
This is an abridged transcript.
Apple (AAPL) filed a civil suit against OpenAI (OPENAI) and former employees for misappropriation of trade secrets on Friday.
The case comes as OpenAI is also in the midst of pursuing its own line of AI-powered devices.
Apple alleged OpenAI used former and current Apple employees to steal confidential hardware designs and confidential information of unreleased technologies, processes and products. It also alleges that the misconduct was orchestrated by OpenAI's leadership.
Apple is seeking an injunction to prevent two former employees from destroying any evidence and to return all confidential information. The company is also suing for monetary damages related to the alleged thefts.
This story took a twisted turn over the weekend when Elon Musk jumped in. He called Sam Altman “Scam Altman” again. Altman fired back saying ″[T]here are a lot of benchmarks that suggest 5.6 sol is the best model in the world right now, but the most reliable way to tell is that elon is obsessed with me again,” Altman wrote on X.
5.6 sol is OpenAI’s new model.
Hyundai Motor (HYMTF) workers began a three-day partial strike on Monday after wage negotiations with management ended without an agreement.
The union is demanding larger bonuses, higher wages, and stronger job protections.
The production workers at South Korea's largest automaker are walking off the job two hours before the end of their scheduled shifts through Wednesday. Union leaders are set to meet Thursday to determine their next steps while continuing negotiations with management.
The union stated, "Management has not made a responsible decision regarding our core demands, and has also betrayed the members' expectations regarding additional wage-related items," adding that they would "go their own way."
According to Yonhap News, the strike could result in production losses exceeding 18.7B won per hour, which is about $12M.
Hyundai said it has limited room to increase compensation after operating profit declined about 19.5% last year.
Shares of The Cheesecake Factory (CAKE) hit record high with the help of a price target hike from Citi Research.
The restaurant’s newly launched mobile app, expanding rewards program, and its free slice promo all “may be enough to return Cheesecake Factory to positive traffic,” analyst Jon Tower said in his note to clients.
Tower also cites a more engaging social media strategy, a growing relevance with younger customers, and the re-emergence of shopping malls as an entertainment destination will also amplify a firmer same-store sales trajectory.
Citi Research views The Cheesecake Factory (CAKE) as a Buy with a new price target of $90, an 18% increase from the prior PT.
What’s Trending on Seeking Alpha
SK Hynix slides 12% in Seoul as investors lock in post-Nasdaq profits
SpaceX sheds 35% from post-IPO peak one month after record debut
Which companies reporting earnings this week show the strongest bullish signals?
Stock index futures are lower before the opening bell. Tensions in the Middle East intensified after Washington and Tehran exchanged military strikes.
Crude oil is up 2.1% at $72. Bitcoin is down 1.1% at $63,000. Gold is down 1.2% at $4,071.
The FTSE 100 is little changed and the DAX is up 0.3%.
One stock on the biggest movers list: SK Hynix (SKHYV) -10% - Shares slid after the company's record-breaking $26.5B Nasdaq ADR debut.
Economic calendar:
12:30 pm Fed's Christopher Waller speaks on the economic outlook in conversation before the New York Association for Business Economics.
Meta's massive Hyperion data center project in rural Louisiana is getting much bigger and costlier, with a big assist from the state's government.
The company said in a blog post on Monday that the site in Richland Parish, Louisiana — home to what will be Meta's largest data center — will be a 5GW facility and cost over $50 billion. That's higher than the $27 billion figure that was revealed in October, when Meta and Blue Owl Capital formed a joint venture to help with the buildout and management of the facility, originally planned as a 2GW data center.
As Meta pursues its multi-hundred-billion-dollar buildout artificial intelligence buildout, the company and hyperscaler rivals Microsoft, Alphabet and Amazon are taking advantage of tax rebates and energy deals being offered by states that are fighting to get a piece of the AI boom.
In late 2024, Louisiana Republican Governor Jeff Landry signed into law a 20-year sales tax exemption for data centers built before 2029 as part of an effort to court Meta in the state, CNBC previously reported. Landry is set to host a press event on Monday in Baton Rouge.
"I'm a business guy," Landry told CNBC in an interview last year. "What we know is when you look at the overall comprehensive package here, it's in the black. For local government, and the state, and how you get to the bottom line is irrespective to me."
Meta is expanding the project as it seeks to build out enough AI infrastructure to meet demand. The announcement comes after Meta had its best week on the stock market since early 2024 following the release of two major AI models under the leadership of AI chief Alexandr Wang, head of Meta Superintelligence Labs. Investors have been looking for the company to start showing returns on its outsized AI investments.
Meta said in Monday's post that the company "pays the full costs of the energy, water, and related infrastructure the data center uses so consumers aren't paying the cost." Since construction of the Louisiana data center began in December 2024, local businesses have received over $1.6 billion in contracts from Meta, the company said.
"With this expansion, we will be investing over $1 billion in local infrastructure improvements, including roads, water and wastewater systems," Meta said in the post. The company didn't announce a financial partner for the expansion.
When the project began, the estimated price tag was $10 billion. CEO Mark Zuckerberg said in a Facebook post roughly six months later that the supercluster, named Hyperion, would be "able to scale up to 5GW over several years." Unlike traditional data centers, superclusters are packed with graphics processing units and related cutting-edge hardware tailored for AI workloads.
"Meta Superintelligence Labs will have industry-leading levels of compute and by far the greatest compute per researcher," Zuckerberg wrote.
A Meta spokesperson told CNBC that the Hyperion project should reach 2GW by 2030, but there's no timeline for when the full 5GW project will be completed.
People walk behind a logo of Meta Platforms company, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas Purchase Licensing Rights, opens new tab
CompaniesJuly 13 (Reuters) - Meta (META.O), opens new tab said on Monday its data center in Richland Parish, Louisiana, will expand to 5 gigawatts of compute capacity, with investment in the project increasing to more than $50 billion.
The planned data center, known as Hyperion, was earlier projected to deliver more than 2 gigawatts of compute capacity to support training of large language models, the technology behind tools such as ChatGPT.
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The announcement comes as environmental and consumer groups increasingly push back against the energy-intensive buildout.
U.S. environmental law group Earthjustice's request to investigate the financing of Meta's Louisiana data center project was denied earlier this year.
Earthjustice had said the financing arrangement could ultimately shift project costs unfairly onto utility customers if Meta walks away from the project before the utility recovers its investment.
Last year, U.S. President Donald Trump had said the company's data center project would cost $50 billion.
Since breaking ground in December 2024, local Louisiana businesses have received more than $1.6 billion in contracts from Meta, the company said.
With this expansion, the company said it plans to invest over $1 billion in local infrastructure improvements, including roads, water and wastewater systems.
Meta, like its Big Tech peers, has been pouring billions of dollars into AI data centers and computing power, as demand continues to outstrip supply.
The company has pledged to invest $600 billion in U.S. infrastructure and jobs over the next three years, as it builds out massive data centers to power CEO Mark Zuckerberg's aggressive bets on AI agent technologies.
Reporting by Jaspreet Singh in Bengaluru; Editing by Leroy Leo and Devika Syamnath
Our Standards: The Thomson Reuters Trust Principles., opens new tab
The company scaled up the size of its massive data-center project in Northeast Louisiana to 5 gigawatts of compute capacity and said it would now cost more than $50 billion.
New Berkshire Hathaway Chief Executive Officer Greg Abel appears to have chosen his favorite stock early in his tenure.
Since Abel took over for Warren Buffett as the new chief of Berkshire Hathaway, the company has plowed more than $20 billion into Alphabet (GOOG 0.29%) (GOOGL 0.50%) through open-market purchases and direct equity offerings.
Alphabet, the parent company of Google, is now the fourth-largest position in Berkshire's portfolio when combining both Class A and Class B shares it owns.
Abel appears to have chosen his horse early. Does Alphabet achieve the Rule of 40?
Image source: Alphabet.
What is the rule of 40? There are many financial metrics that investors use to assess the health and future prospects of a stock, and one is the Rule of 40. The Rule of 40 is used by investors to assess how well a company balances growth and profitability and is frequently applied to software companies.
The formula looks at revenue growth, typically on a year-over-year basis, combined with net profit margin. If the total is above 40%, then a company has done a good job of growing profitably. If it's below 40%, the company may not be investing efficiently.
Companies that do achieve the Rule of 40 can receive higher valuations. It's also important to note that investors don't have to use net profit margin. They can use operating margin, free-cash-flow margin, or EBITDA (earnings before interest, taxes, depreciation, and amortization) margin.
How Alphabet performs We can assess Alphabet's performance using the Rule of 40, based on profit margin, operating margin, and free-cash-flow margin.
I looked at Alphabet's year-over-year revenue growth on a constant-currency basis and reviewed all metrics for the full year 2025 and the first quarter of 2026 to assess both the most recent numbers and the 12-month performance. The large conglomerate generated 15% annual revenue growth in 2025 and 19% in the first quarter of 2026.
Rule of 4020251Q26Operating margin47%55%Profit margin48%76%Free-cash-flow margin33%28% Data source: Alphabet.
As you can see, when it comes to operating margin and profit margin, Alphabet passed the Rule of 40 with flying colors. Artificial intelligence (AI) has been a huge boon to companies like Alphabet, with their cloud businesses benefiting immensely.
Alphabet has also rolled out its own large language models (LLMs), which many investors believe are competitive with perceived leaders like Anthropic's Claude and OpenAI's ChatGPT.
The area where Alphabet has struggled is when using free-cash-flow margin in the Rule of 40. Perhaps even more concerning is that this metric declined in the first quarter of 2026.
This actually makes sense, given Alphabet's capital expenditures (capex) and the company's capex forecast as it continues to build out AI infrastructure. Alphabet has projected between $180 billion and $190 billion in capex this year.
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Some Wall Street analysts even foresee the company's free cash flow turning negative during the next few years.
Just one data point Investors should understand that many financial metrics are used to evaluate a company's health. You should never lean too heavily on any individual metric as the basis for an investment; instead, use the sum of your research to inform your decision-making.
In this case, the Rule of 40 indicates that Alphabet's AI initiatives and investments have so far paid dividends. But the struggles with free-cash-flow margin also indicate the company may be overspending on AI, a concern that many investors have with other AI hyperscalers, too.
Many investors, including Abel, likely expect the investments to pay off, but if you also start to see Alphabet struggle with the Rule of 40 when using operating and profit margins in the formula, that would be a major red flag about these AI infrastructure investments.
Over the last few years, large language models (LLMs) have burst onto the scene with unprecedented speed. What once felt like science fiction -- chatbots that can reason, write, code, and converse almost like humans -- has become an everyday reality reshaping industries from software development to healthcare. The race to build the most capable systems has drawn billions in capital investment and brought newfound attention to the world's largest technology companies.
Among the frontrunners stand ChatGPT from OpenAI, Claude from Anthropic, Grok from xAI, and Perplexity's search-augmented models. These companies are backed by heavyweight investors: Microsoft has poured enormous resources into OpenAI, Amazon (AMZN 0.73%) and Alphabet (GOOGL 0.50%) (GOOG 0.29%) have each made substantial commitments to Anthropic, while xAI represents Elon Musk's ambitious push into the field of frontier AI.
The competition is fierce, the stakes are immense, and the questions on everyone's mind are simple yet electric: Which model is actually the best and on what basis should it be judged -- raw intelligence, reliability, speed, or something else? Elon Musk just offered his own pointed answer. And ironically enough, he didn't say Grok!
Image source: The White House.
Giving credit where credit is due In a recent post on X (formerly Twitter), Musk delivered a striking admission: He says he was wrong about Anthropic and now views the company as the clear current leader in AI. Musk went on to admit that no other lab has released a model that matches the quality of Anthropic's Mythos/Fable system.
While openly praising a competitor may seem counterintuitive, Musk has a history of lending support to rivals. As he made sure to remind his nearly 241 million X followers, Tesla open-sourced its patents and made its Supercharger network available to other electric vehicle (EV) developers.
Just about any public remark by Musk is influential. In this specific instance, it signals that even a competitor is willing to acknowledge superior performance when it appears, rather than dismissing it. In an AI landscape defined by rapid iteration and enormous capital outlays, such candor can easily influence talent flows and partnership decisions.
By highlighting his own history of enabling rivals, Musk appears aligned with the idea that competitive fair play is a choice rather than a weakness. More directly, he declares Anthropic's Mythos/Fable as the most capable model currently available.
Anthropic's success is great news for Amazon and Alphabet Anthropic's rise carries tangible upside for both Alphabet and Amazon, which have each made meaningful investments in the company. Beyond equity stakes, the relationship runs deeper through infrastructure.
Anthropic relies on custom silicon designed by both hyperscalers -- Amazon's Trainium and Inferentia chips for training and inference workloads, and Google Cloud's Tensor Processing Units (TPUs) for custom workloads. Moreover, Anthropic trains and runs its models across both Amazon Web Services (AWS) and Google Cloud Platform (GCP).
When an AI lab scales its models, it consumes incrementally more compute. This demand benefits the cloud providers supplying the underlying hardware and platform services. In other words, greater adoption of Trainium, Inferentia, and TPUs increases utilization of specialized capacity. This translates into higher cloud revenue and improved operating leverage for AWS and GCP.
Image source: The Motley Fool.
Why Amazon and Alphabet stock both have upside Amazon first invested in Anthropic in September 2023. Back then, AWS revenue was growing 13% year over year and the segment boasted an operating margin of 30%. Meanwhile, Alphabet initially invested in Anthropic in February 2023. Around this time, GCP was growing 28% annually and had just reached profitability. Today, AWS revenue is growing 28% year over year, and the operating margin has expanded to 38%. Sales from GCP are now accelerating 63% year over year while this division maintains operating margins in excess of 30%.
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Despite the visible acceleration in Amazon's and Alphabet's cloud revenues and the expansion of operating profit in those businesses, the compression in forward price-to-earnings (P/E) multiples for both Amazon and Alphabet suggests that the maximum upside from Anthropic is not yet fully reflected in their current stock prices.
GOOGL PE Ratio (Forward) data by YCharts
While current tailwinds from AI-related cloud demand are clearly contributing to results, smart investors realize that they largely capture today's workloads. Anthropic's next-generation models -- such as Mythos 2 -- will almost certainly require more compute than previous generations. This step-change in scale creates layered demand for custom silicon and cloud capacity throughout the AI infrastructure era.
While the accretive impact from Anthropic's existing integrations in AWS and GCP is already helping revenue growth and profit margins, the longer-term trajectory remains largely ahead as successive leaps in model capability and the resulting compute hunger manifest. For investors, this means the most substantial rewards from Anthropic's progress are still to come rather than already priced into Amazon and Alphabet.
Amazon (AMZN 0.73%) is reportedly exploring external sales of its custom AI chips, creating a potential new catalyst beyond AWS. If Trainium and Inferentia gain traction, Amazon could challenge Nvidia's pricing power while expanding its role in AI infrastructure. But execution risk, software ecosystems, and free cash flow pressure still matter.
Stock prices used were the market prices of July 1, 2026. The video was published on July 12, 2026.
Rick Orford has positions in Amazon. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
NEW YORK, July 13, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Microsoft Corporation (NASDAQ:MSFT) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in Microsoft, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit.
Key Details of the Microsoft ($MSFT) Class Action:
Lead Plaintiff Deadline: August 11, 2026Alleged Misconduct: Securities fraud alleging that Microsoft misled investors regarding its Azure cloud computing platform and AI chatbot CopilotStock Drop: January 28, 2026 – 10% Stock DropCourt: U.S. District Court for the Western District of WashingtonAction: Contact BFA Law to discuss your rights Investors have until August 11, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Microsoft common stock. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned City of St. Clair Shores Police and Fire Retirement System, et al., No. 26-cv-02071.
Why is Microsoft Being Sued for Securities Fraud?
Microsoft is a multinational technology company that develops software, cloud services, and devices. In recent years, Microsoft’s cloud computing platform named Azure has been Microsoft’s main growth driver. A key reason for Azure’s recent growth is Microsoft’s multi-billion-dollar investment into AI, including the development of its own generative AI chatbot named Copilot.
According to the complaint, during the relevant period, Microsoft consistently touted Copilot’s best-in-class capabilities, which purportedly drove widespread and growing user adoption. Copilot’s apparent success allowed Microsoft to report surging Azure-related revenue.
As alleged, in truth, Copilot suffered from severe functionality issues that caused user adoption to decline and put Microsoft’s Azure revenue at risk.
Why did Microsoft’s Stock Drop?
On January 28, 2026, Microsoft announced disappointing 2Q 2026 financial results and that Azure growth had slowed suddenly. Microsoft also allegedly revealed for the first time that the number of Microsoft 365 Copilot premium customers totaled only 15 million, materially below analyst estimates.
This news caused the price of Microsoft common stock to decline $48.13 per share, or 10%, from $481.63 per share on January 28, 2026, to $433.50 per share on January 29, 2026.
Additionally, on February 3, 2026, The Wall Street Journal reported in an article titled “Microsoft’s Pivotal AI Product Is Running Into Big Problems” that severe challenges and functionality issues had plagued Copilot, causing the application to lose market share. Specifically, The Wall Street Journal reported that “[c]onfusing brand positioning and interoperability problems have frustrated users.”
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Microsoft (MSFT +0.15%), Alphabet (GOOG 0.29%)(GOOGL 0.50%), Amazon (AMZN 0.73%), and Meta Platforms (META +6.16%) are pouring hundreds of billions of dollars into data centers, chips, and other infrastructure needed to support rising artificial intelligence (AI) adoption among consumers and enterprises. Nvidia (NVDA +3.90%) is raking in profits on its graphics processing unit (GPU) AI chips. Meanwhile, Tesla (TSLA +0.22%) and Apple (AAPL 0.37%) have taken different approaches to AI.
But no matter the business model, every company speaks the language of free cash flow (FCF), the cash profits remaining after funding operations and capital expenditures (capex). You can divide a company's FCF by the stock's market cap to calculate its FCF yield (the higher the percentage, the better).
From there, investors will see just how AI spending is impacting each of these "Magnificent Seven" stocks and identify which stocks you may want to buy and which to avoid. Here is how they currently rank.
Image source: Getty Images.
1. Meta Platforms Free-cash-flow yield: 2.8% Social media giant Meta Platforms is vying for the top spot despite investing aggressively in AI data centers. Part of the reason for that is the stock's recent slide on concerns over Mark Zuckerberg's ambitious AI spending plans. Meta's core advertising business continues to flourish and help fund all this spending. That said, it may not be enough to keep up with the company's planned 2026 capex of $125 billion to $145 billion. If not, Meta's FCF yield could easily drop.
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2. Apple Free-cash-flow yield: 2.8% Critics initially saw Apple as a loser in the AI race. It whiffed on Apple Intelligence and then decided against building out its own AI infrastructure. Now, Apple is sitting pretty with over $129 billion in trailing-12-month FCF. Its new AI-capable Siri will use Alphabet's Gemini models, keeping Apple's cash flow primarily intact. It's fair to wonder about Apple's long-term growth prospects, given how little it has invested in its own AI to date. For now, it might be the best value in the Magnificent Seven.
3. Microsoft Free-cash-flow yield: 2.5% Microsoft's ongoing slide has helped lift its FCF yield despite its massive AI expenditures. The company looked brilliant at first for partnering with OpenAI, but that relationship has soured somewhat, and its Copilot AI app hasn't taken off as hoped. Fortunately, Microsoft's software products have helped fund massive data center investments, and AI adoption is fueling booming demand for Azure cloud services. In the end, Microsoft may not need the best AI products to profit from its sticky enterprise relationships.
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4. Nvidia Free-cash-flow yield: 2.3% As the leader in data center GPU chips, Nvidia has arguably been the biggest AI winner to date. Nvidia's cash flow has exploded over the past several years. The only reason the stock's FCF yield isn't higher is that Nvidia's share price keeps going up, too. Nvidia isn't the cheapest, but it probably has the best near-term growth prospects on this list. Analysts expect the company's revenue to soar even higher as Vera Rubin, Nvidia's next-generation AI chip architecture, begins shipping later this year.
5. Alphabet Free-cash-flow yield: 1.5% Google's parent company has been one of the most aggressive spenders in the AI race. Although its enormous advertising business helps foot the bill, the aggressive spending has weighed on the stock's FCF yield. Alphabet believes its ambitious AI investments will pay off over time, with ample growth opportunities across Gemini, Google Cloud, and Waymo. The stock just isn't offering that upside at a very appealing price right now.
6. Tesla Free-cash-flow yield: 0.5% Elon Musk is pivoting Tesla away from its roots in electric vehicles (EVs) toward autonomous vehicles and humanoid robotics. That future sounds exciting, but EVs still pay the bills for the time being. That places Tesla toward the bottom of this list with a paltry FCF yield of just 0.5%. It's not that Tesla can't deliver on Musk's goals, but paying such a high valuation to find out makes the stock riskier than some of the other Magnificent Seven names.
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7. Amazon Free-cash-flow yield: -0.1% As the world's leading cloud services company, Amazon has almost no choice but to expand data center capacity to compete in AI and protect its market share. That's tricky because Amazon's e-commerce segment operates on thin margins and doesn't produce much cash flow to help fund AI spending that could reach upward of $200 billion this year alone. The spending has cratered Amazon's FCF, putting it last on this list with a negative FCF yield. Investors must hope that Amazon can monetize these investments over the coming years.
Nvidia stock's NASDAQ:NVDA latest movement has little evidence that the AI infrastructure boom is losing momentum.
NVDA jumped 4% on Friday to close at $210.96, extending their weekly gain to about 8.3% as investors returned to the AI-chip leader following a period of relative underperformance.
The advance left the stock roughly 13% higher in 2026, based on its adjusted year-end close of $186.27.
Yet a warning from Taiwan has drawn attention to the financial conditions supporting that growth.
Central bank governor Yang Chin-long told lawmakers on July 9 that AI was driving genuine economic expansion, but excessive borrowing could encourage speculative investment and overbuilding.
Taiwan matters because TSMC sits at the centre of the supply chain, serving Nvidia and other global technology companies.
Yang did not declare that AI demand was about to collapse, nor did he single out Nvidia’s valuation.
His concern was that technology companies could borrow too aggressively and expand before the financial returns from their investments were fully established.
“AI is driven by real growth potential,” Yang said at the parliamentary hearing, while warning about over-expansion caused by excessive leverage.
That distinction goes directly to Nvidia’s business model. The company supplies the processors, networking equipment and complete systems used to build AI data centres.
Large cloud operators must spend heavily on chips, buildings, electricity and cooling before those assets produce meaningful revenue.
For Nvidia, greater hyperscaler spending supports near-term sales.
But if that expenditure creates weaker cash flow, rising debt or disappointing returns, customers could eventually delay data-centre projects, keep existing hardware running for longer or increase their use of cheaper custom processors.
Taiwan has therefore highlighted a financial-cycle risk rather than a product weakness.
Nvidia could remain the dominant AI-chip supplier and still suffer if the overall infrastructure budget grows more slowly.
Bank of America remains firmly bullish. Analyst Vivek Arya reiterated a Buy rating and $350 price target, arguing that investors are undervaluing Nvidia’s pricing power.
Nvidia can “sustain” roughly 65% to 70% of AI capital spending over the long term, Arya said in a research note.
He expects the Rubin platform to command higher prices than Blackwell, helping Nvidia maintain gross margins in the mid-70% range despite rising memory costs.
Goldman Sachs analyst James Schneider has also maintained a Buy rating, with a $285 target.
Schneider noted that Nvidia traded at less than 14 times his forecast for 2027 earnings, a valuation he considers compelling given the company’s growth.
Even after allowing for market-share gains by custom AI chips and rival processors, Goldman expects Nvidia’s revenue to climb about 55% to $635 billion next year.
The message from both banks is that competition is real, but Nvidia’s valuation already reflects a considerable amount of anxiety about it.
Empowering software and systems to make autonomous, split-second decisions can add $15.7 trillion in global economic value by 2030. Although Advanced Micro Devices (AMD) and Broadcom are garnering headlines, neither is a threat to Nvidia's dominance in AI data centers.
On Thursday afternoon, Netflix will report second quarter earnings. Its next Engagement Report, covering the first half of 2026, matters more than the earnings print.
The reason is a scoreboard Netflix once dominated. YouTube captured 13.4% of all television viewing in the United States in April, according to Nielsen's Gauge. Netflix has slipped from 8.8% in January to 7.9% in April. The company that taught Wall Street to worship engagement is no longer winning at it.
That gap explains a run of announcements that has puzzled much of the industry. In recent weeks Netflix has signed the Stokes twins, YouTube creators with 160 million subscribers. It has brought over food creator Meredith Hayden and Sean Evans's Hot Ones, and struck partnerships with publishers including Condé Nast, Hearst and People Inc., for exactly the kind of short, inexpensive video those brands usually post to YouTube.
The prevailing read is that Netflix is having an identity crisis, chasing YouTube downmarket and diluting the most valuable brand in premium streaming. That read misses the mechanism. Netflix is not chasing YouTube's audience. It is chasing YouTube's ad load.
The Arithmetic Has No Slack In ItNetflix expects advertising revenue to double this year to roughly $3 billion, a target management reaffirmed in its first quarter shareholder letter and again at its May Upfront, where the company said Netflix with ads now reaches more than 250 million global monthly active viewers, up from 190 million only months earlier. That is a reach figure, based on members who watch at least 1 minute of ads on Netflix each month and Netflix's estimate of the number of people watching in each household, not a count of subscriptions. As I wrote in May, the burden is on Netflix to convert reach into impressions advertisers will pay a premium for.
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Advertising revenue is a simple chain. Revenue requires impressions. Impressions require time spent. And the viewing concentrated around Netflix's biggest titles is showing signs of strain. Bloomberg's Lucas Shaw found that second-season viewing fell more than 50% for Running Point and The Four Seasons, and more than 70% for Beef, comparing the first four weeks of each season using Netflix's own viewing data.
Meanwhile the cost of that slate keeps rising. Netflix has guided to content amortization growth of roughly 10% in 2026, weighted toward the first half of the year. Netflix is absorbing faster content amortization at the exact moment its advertising business needs more viewing hours.
Creator content, podcasts and magazine-brand clips offer one answer to that tension. They are cheap, they are abundant, and every additional hour of viewing is an hour that can carry commercials. This is not simply programming strategy. It is inventory manufacturing.
The Measurement WarWatch the language on Thursday as closely as the numbers. Expect a version of the argument that not all engagement is created equal, and that the passive scroll of a YouTube or an Instagram should count for less than intentional Netflix viewing. The groundwork is already laid: in the first quarter, management pointed to a member-quality metric at an all-time high rather than raw hours.
There is real irony here. That is the argument linear television networks made for two decades as their audiences leaked away, and Netflix built its empire dismantling it. When a company starts redefining the scoreboard, it is usually because the score has turned against it. Nielsen itself is recalibrating its methodology this year, so even the scoreboard is contested.
What To Watch Thursday Three things will tell the story. First, the next Engagement Report's total view hours against the first half of 2025, whether it lands Thursday or shortly after. Management said in April that hours were growing at a rate similar to last year. If the report leans on quality-weighted language instead of raw totals, that is a tell.
Second, the advertising commentary. Any hedging on the $3 billion figure changes the investment case, because ad growth is the narrative supporting a stock down roughly 40% from its 2025 high. The company guided to $12.57 billion in second quarter revenue, up 13.5%, on a 32.6% operating margin. Netflix beat its own first quarter forecast, but shares fell roughly 10% when that second quarter guidance came in below Wall Street expectations. This print carries more weight than usual.
Third, funnel language. A growing warehouse of low-cost video makes a free tier easier to imagine. Pluto TV proved the free-to-paid pipeline for Paramount+, and the market has already voted for ads: ad plans accounted for 78% of net additions at streaming services that offer them over the past nine quarters, according to Antenna. Netflix is building the shelf space to sell against, whether or not the gate ever opens fully.
The Cost Of More InventoryNone of this means the strategy is wrong. Netflix's churn was back to 2% by May 2025 after briefly rising following a price increase, according to Antenna, and its subscribers have proved unusually patient. Diversifying away from expensive originals could free capital for international programming and sports, categories Netflix increasingly uses to drive acquisition.
But there is a cost. Netflix has been called the Costco of streamers, premium in a curated, warehouse-scale way. Stocking the shelves with creator clips and magazine video moves it toward something closer to Walmart. Netflix is the only major streamer with no parent company to subsidize that transition. Amazon sells goods, Apple sells hardware, YouTube has Google. Netflix has only the subscription and the ad unit.
Thursday's earnings, and the Engagement Report that follows, will show whether the inventory strategy is producing the hours the ad business requires. The identity question can wait. The arithmetic cannot.
Mastercard is reportedly considering a sale of its U.K. retail payments business Vocalink.
That’s according to a report Monday (July 13) from the Financial Times (FT), which says this move comes as Mastercard fields concerns about a “strategically critical” asset being under American ownership.
These discussions, the report added, come at a pivotal moment for Vocalink, which provides the systems upholding key parts of the British financial infrastructure. The company is readying itself to seek a contract to build a new payments platform for the U.K..
The report cites two sources briefed on the discussions, who say talks are at a very early stage. A spokesperson for Mastercard declined to comment when reached by PYMNTS.
Mastercard acquired a majority stake in Vocalink from a group of 18 British banks in 2016 for 700 million pounds. One source told the FT that a deal for a 51% stake in the company could be worth roughly 400 million pounds ($535 million).
According to the report, one potential buyer could be DeliveryCo, a new company backed by many of the U.K.’s top banks and payment firms that was established to handle the procurement and funding of the next iteration of the country’s retail payment system.
However, the sources told the FT DeliveryCo is still setting up its funding and governance arrangements, meaning a deal with Mastercard is unlikely to happen before next year.
The FT notes that the potential sale is happening amid concerns by England’s government and central bank about the lack of competition for Mastercard and Visa, which handle the wide majority of retail payments in the U.K.
The U.K.’s Financial Conduct Authority in May announced it had launched an investigation into PayPal, Mastercard and Visa to determine whether the three companies engaged in what it called “anti-competitive conduct linked to the funding and usage of PayPal’s digital wallet.”
All three companies have said they would cooperate with the FCA’s probe.
Another source of unease is President Donald Trump’s willingness to intervene in the overseas operations of U.S. companies, the FT report added, citing the example of the White House’s recent export controls on artificial intelligence startup Anthropic.
PYMNTS Intelligence has collaborated with Mastercard on research reports, including the recent “The Cross-Border Opportunity: What Global Sourcing by US SMBs Means for Payment Providers.” It found that the wall between corporate operations and small and medium-sized business (SMB) workflows has begun to grow more porous.
“As international sourcing becomes routine rather than exceptional, America’s small businesses are inheriting enterprise finance responsibilities ranging from foreign exchange management to supplier liquidity and cross-border cash flow,” PYMNTS wrote earlier this month.
MIAMI, July 13, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“WRAP” or the “Company”), a global public safety technology company delivering intelligent detection, orchestration and response solutions designed for the next generation of autonomous public safety, today announced that it has entered the third quarter of 2026 with momentum, driven by international orders from customers in Brazil and India, which management believes provides an early commercial foundation for the quarter and reflects growing worldwide demand for the Company’s non-lethal public safety technologies.
The orders reflect continued expansion across the Company’s international markets and represent commercial activity already secured as WRAP entered the quarter — independent of the increased inbound interest the Company has experienced following the recent landmark Bureau of Alcohol, Tobacco, Firearms and Explosives (“ATF”) ruling classifying the BolaWrap® 150 as an instrument of restraint rather than a firearm or an “any other weapon.”
Management believes the convergence of expanding international adoption, repeat customer demand, and a more favorable regulatory environment positions WRAP for what could be one of the Company’s most significant quarters to date.
Momentum from International Orders to Open Q3
WRAP received international orders totaling approximately $1.2 million to open the third quarter. In Brazil, distributors placed orders on behalf of two public safety agencies, and a distributor in India placed an additional order. These orders were booked as WRAP entered the third quarter, with the associated revenue expected to be recognized in the period.
These bookings underscore continued international adoption of the BolaWrap 150. Management believes repeat purchasing activity across the Company’s international base is particularly meaningful, as it reflects customers moving beyond initial evaluations to expand deployments following operational experience with the product.
Landmark ATF Ruling Removes a Longstanding Regulatory Barrier
On June 15, 2026, the ATF issued Ruling 2026-2, formally classifying the BolaWrap 150 as an instrument of restraint rather than a firearm or an “any other weapon” (AOW). The ruling supersedes prior ATF classifications and, in management’s view, removes a longstanding federal classification that previously complicated procurement, distribution, and adoption in certain markets.
Management believes the decision may simplify procurement, policy adoption, and deployment while further differentiating BolaWrap from traditional pain-compliance and higher-force alternatives. In the days following the ruling, WRAP has experienced increased interest from both domestic and international customers and believes the decision could represent an important catalyst for future adoption.
The Company further believes the ruling provides meaningful federal recognition of BolaWrap’s role as an instrument of restraint while reinforcing WRAP’s broader mission to equip officers with a non-lethal option designed to create time, distance, and tactical advantage before encounters escalate to higher levels of force.
International Commercial Momentum
WRAP continues to expand commercial activity internationally through new customer acquisitions, repeat orders, product evaluations, and a growing distribution network.
Brazil has emerged as one of WRAP’s fastest-growing international markets, with recent follow-on orders supporting broader deployment across multiple public safety agencies and additional evaluations that management believes may advance toward procurement.
In India, a distributor order booked to open the third quarter establishes a commercial foothold in one of the world’s largest public safety markets and may create additional opportunities across South Asia.
More broadly, WRAP continues to build its international channel through experienced regional partners that provide localized sales, training, deployment, and long-term customer support.
2026 Growth Outlook
WRAP reaffirms its previously stated target of approximately 100% year-over-year revenue growth in 2026, reflecting management’s current expectations regarding international adoption, repeat customer activity, improving regulatory conditions, and a growing commercial pipeline.
“We are entering the third quarter with meaningful commercial momentum already in place,” said Scot Cohen, Chief Executive Officer of WRAP. “Opening the quarter with significant international orders is encouraging on its own, but what matters more is what those orders represent — repeat customers expanding their deployments and new markets adopting our technology, independent of the additional interest generated by the ATF’s decision.”
“For years, BolaWrap operated under a federal classification that did not reflect what the product actually is. The ATF’s recognition of BolaWrap as an instrument of restraint removes a real barrier and aligns federal policy with how agencies use our technology every day. Combined with expanding global demand, we believe this may position WRAP for a strong second half of 2026, and reinforces our conviction that WRAP is building a differentiated public safety technology platform positioned for long-term growth.”
About Wrap Technologies, Inc.
Wrap Technologies, Inc. (Nasdaq: WRAP) a global leader in innovative public safety technologies and non-lethal tools, delivering cutting-edge technology with exceptional people to address the complex, modern day challenges facing public safety organizations.
WRAP’s complete public safety portfolio includes the non-lethal BolaWrap® 150 device, Wrap Reality® immersive training platform, WrapVision™ body-worn camera system, WrapTactics™ training programs, and next-generation C-UAS solutions like the 1KC Kinetic Anti-Drone Cassette, all of which supports the Company's mission to provide safer, scalable, and cost-effective technologies for public safety, defense, and critical infrastructure markets.
With a growing demand for non-lethal tools and techniques to create time, distance and tactical advantage in non-criminal calls, Wrap's BolaWrap® 150 incorporates a multi-sensory distraction of sight and sound as a first response, followed by a non-lethal restraint if further escalation is required. This approach reduces the risk of injury to officers, subjects, and the community.
Wrap's BolaWrap® 150 solution is intended to provide law enforcement with a safer choice for nearly every phase of a critical incident. This innovative, patented device deploys a multi-sensory, cognitive disruption to expand the pre-escalation period and gives officers the advantage and critical time to manage non-compliant subjects before resorting to higher-force options. The BolaWrap® 150 is not pain-based compliance. It does not shoot, strike, shock, or incapacitate, instead, it helps officers strategically operate pre-escalation on the force continuum, reducing the risk of injury to both officers and subjects. Used by over 1,000 agencies across the U.S. and in 60 countries, BolaWrap® is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST), reinforcing Wrap's commitment to public safety through cutting-edge technology and expert training.
WrapReality™ VR is a fully immersive training simulator to enhance decision-making under stress.
As a comprehensive public safety training platform, it provides first responders with realistic, interactive scenarios that reflect the evolving challenges of modern law enforcement. By offering a growing library of real-world situations,
WrapReality™ is intended to equip officers with the skills and confidence to navigate high stakes encounters effectively, which we believe leads to safer outcomes for both responders and the communities they serve.
WrapVision is a body-worn camera and evidence management system built for efficiency.
Designed for efficiency, security, and transparency to meet the rigorous demands of modern law enforcement, WrapVision captures, stores, and helps manage digital evidence, ensuring operational security, regulatory compliance, and enhanced video picture quality and field of view.
Trademark Information
WRAP, the Wrap logo, BolaWrap®, Non-Lethal Response™, WrapReality™, Wrap Training Academy, and Non-Lethal Response™ are trademarks of WRAP Technologies, Inc., some of which are registered in the U.S. and abroad. All other trade names used herein are either trademarks or registered trademarks of the respective holders.
Cautionary Note on Forward-Looking Statements - Safe Harbor Statement
This release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Words such as "expect," "anticipate," "should", "believe", "target", "project", "goals", "estimate", "potential", "predict", "may", "will", "could", "intend", and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements include, but are not limited to, statements relating to the Company’s expected revenue recognition from booked orders; the Company’s revenue growth target for 2026; the expected benefits, effects, limitations, and implications of ATF Ruling 2026-2; customer interest, demand, adoption, deployments, evaluations, procurement activity, commercial momentum, market adoption, and expansion of WrapShield; the Company’s ability to develop, integrate, manufacture, sell, and support current and future products and technologies; the intended performance, benefits, and safety outcomes of the Company’s products and training solutions; expected market opportunities; and the Company's planned future products, technologies, integrations, product designs, and related benefits. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company's ability to maintain compliance with the Nasdaq Capital Market's listing standards; the Company's ability to successfully implement training programs for the use of its products; the Company's ability to manufacture and produce products for its customers; the Company's ability to develop sales for its products; market acceptance of existing and future products; changes in law enforcement budgets, policies, procurement practices, and use-of-force standards; the availability of funding to continue to finance operations; the complexity, expense, and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company's product solutions; product defects; litigation risks from alleged product-related injuries; risks of government regulations and changes in regulatory classifications or interpretations; the impact resulting from geopolitical conflicts and any resulting sanctions; the ability to obtain export licenses for countries outside of the United States; the ability to obtain patents and defend intellectual property against competitors; the impact of competitive products and solutions; and the Company's ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company's most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations.
Patent filing follows recent RCL metallurgical testwork and further strengthens Temas' growing critical minerals technology platform
Highlights
Temas has initiated the filing of a new process patent covering the extraction of chromium from complex ore bodies using its proprietary Regenerative Chloride Leach ("RCL") mixed chloride leaching technology.
Patent application, entitled "Chloride-based process for Chromium extraction," establishes a priority filing date of July 10, 2026, further expanding Temas' growing RCL intellectual property portfolio.
Chromium is a critical material essential to the stainless steel, aerospace, defence, energy infrastructure and advanced manufacturing, with a global market valued at approximately US$23.9 billion in 2024.
Filing follows the recent completion of the Company's previously announced RCL vanadium metallurgical patent filing demonstrating the ability of the RCL Platform Technology to be adapted across multiple critical minerals, as well as its strong applicability to Temas' 100% owned La Blache Project, which hosts high grade of vanadium over broad intervals.
The chromium extraction process has the potential application to Temas' wholly owned La Blache and Lac Brule titanium-vanadium-iron projects, as well as third-party chromium bearing deposits, concentrates and mine waste.
Expands the commercial opportunity for the RCL Platform through future technology licensing, strategic processing partnerships and deployment across global mining operations.
Builds on Temas' portfolio of eleven granted metallurgical process patents and reinforces the Company's strategy of becoming a leading provider of environmentally responsible critical minerals processing technology.
The Company continues to advance confidential discussions and third-party metallurgical testing with potential commercial partners regarding deployment of the RCL platform across multiple critical minerals.
Why this matters to Investors - Every New RCL Application Expands the Company's Commercial Opportunity
Expands the value of the RCL technology platform. Each new patent broadens the commercial reach of Temas' proprietary RCL process beyond titanium and vanadium into another strategically important critical mineral, increasing the potential for future licensing, processing partnerships and additional revenue opportunities.
Adds to Temas's growing portfolio of high-value intellectual property.
With eleven granted patents and new patent applications for both vanadium and chromium, Temas continues to strengthen the competitive moat around its metallurgical technology, creating long-term strategic value that extends well beyond its mineral assets.
Positions Temas to benefit from increasing demand for secure Western critical mineral supply chains.
Chromium is essential to stainless steel, aerospace, defence, energy infrastructure and advanced manufacturing. By developing environmentally responsible extraction technology applicable to both its own projects and third-party deposits, Temas is building a scalable technology business aligned with growing global demand for critical minerals.
VANCOUVER, BC / ACCESS Newswire / July 13, 2026 / Temas Resources Corp. ("Temas" or the "Company") (ASX:TIO)(CSE:TMAS)(OTCQB:TMASF)(FSE:26P0) is pleased to announce that, following the recent completion of the Company's Regenerative Chloride Leach ("RCL") metallurgical testwork announced earlier this year, the Company has initiated the filing of a new process patent covering the extraction of chromium from complex ore bodies using mixed chloride leaching technology.
The patent application, entitled "Chloride-based process for Chromium extraction" establishes a priority filing date of July 10, 2026, providing intellectual property protection for a novel process developed through the Company's ongoing metallurgical research and development activities.
Chromium is classified as a critical mineral in numerous Western countries due to its importance in defence, aerospace, energy infrastructure and advanced manufacturing. Approximately 85-90% of chromium production is consumed in the manufacturing of stainless steel, while high-purity chromium metal is increasingly required for aerospace superalloys, military armour systems, turbine components, hydrogen technologies and emerging battery applications. According to Grand View Research, the global chromium market was valued at US$23.9 billion in 2024 and is forecast to reach approximately US$34.5 billion by 2030 (Source: Grand View Research, Chromium Market Size, Share & Trends Report, 2025), reflecting continued demand growth by infrastructure investment, electrification, and defence manufacturing.
Tim Fernback, President & Chief Executive Officer, commented:
"The filing of this patent is another important step in transforming Temas from a critical minerals developer into a global clean metallurgical technology company. Every new patent strengthens our competitive position and builds long-term value in our technology licensing business. This growing global market for chromium metal further highlights the commercial significance of developing proprietary environmentally responsible chromium extraction technologies such as the Temas' RCL platform. As demand accelerates for secure supplies of critical minerals such as chromium, we believe proprietary processing technologies like RCL will become increasingly valuable to miners seeking lower-cost, environmentally responsible extraction."
The new patent application builds upon the encouraging results generated from Temas' proprietary RCL metallurgical testing on its 100%-owned La Blache Titanium-Vanadium-Iron Project in Québec, Canada. The work further demonstrates the adaptability of the RCL technology platform across multiple critical minerals while expanding the Company's growing portfolio of proprietary processing technologies.
The Company believes that securing intellectual property protection remains a critical component of its strategy to commercialize the RCL technology through future licensing agreements, strategic partnerships and deployment across global mineral projects. The Temas RCL technology platform is comprised of successfully granted US and Canadian metallurgical process patents for the extraction of Gold, Iron, Titanium, Nickel and Rare Earth Elements using its proprietary mixed-chloride leaching technology.
In addition to this new patent applications for the extraction of Chromium and the recently announced patent filing for Vanadium extraction, which is directly applicable to the Company's La Blache Project in Québec, Canada. The RCL platform is supported by eleven granted patents across multiple critical minerals and jurisdictions:
Gold - granted (United States)
Gold - granted (Canada)
Iron - granted (United States)
Iron - granted (Canada)
Iron - granted (India)
Titanium - granted (United States)
Titanium - granted (Canada)
Nickel - granted (United States)
Nickel - granted (Canada)
Rare Earth Elements - granted (India)
Rare Earth Elements - granted (Canada)
Vanadium - application filed, priority date 8 July 2026 (new)
Chromium - application filed, priority date 10 July 2026 (new)
Expanding the RCL Intellectual Property Platform
The RCL technology platform continues to evolve beyond its original titanium applications into a broad hydrometallurgical process capable of recovering multiple critical minerals from complex ores, concentrates and mine waste.
The Company's intellectual property strategy is focused on protecting novel metallurgical processes that can be commercialized through:
Technology licensing;
Joint venture opportunities;
Strategic processing partnerships;
Proprietary processing of Temas' wholly-owned mineral assets.
The filing of "Chloride-based process for Chromium extraction" represents another significant addition to Temas' expanding portfolio of proprietary RCL technologies.
No representations or warranty, express or implied, is made by the Company that the material contained in this announcement will be achieved or proved correct. Except for the statutory liability which cannot be excluded, each of the Company, its directors, officers, employees, advisors, and agents expressly disclaims any responsibility for the accuracy, fairness, sufficiency or completeness of the material contained in this announcement and excludes all liability whatsoever (including in negligence) for an loss or damage which may be suffered by any person as a consequence of any information in this announcement or any effort or omission therefrom. The Company will not update of keep current the information contained in this announcement or to correct any inaccuracy or omission which may become apparent, or to furnish any person with any further information. Any opinions expressed in the announcement are subject to change without notice.
ABOUT TEMAS RESOURCES
Revolutionizing Metal Production
Proprietary IP. Global Licensing. Titanium & Critical Minerals.
Temas Resources Corp. (ASX:TIO)(CSE:TMAS)(OTCQB:TMASF)(FRA:26P0) is a technology-driven critical minerals company advancing a dual-business model built around proprietary processing innovation and strategic mineral ownership. The Company's patented Regenerative Chloride Leach (RCL) technology platform delivers significant operational cost reductions - validated at up to 65% lower than traditional processing - while dramatically reducing energy use and environmental impact.
Temas' RCL process is the foundation of its technology licensing and partnership business, enabling global mining and materials companies to adopt sustainable, high-margin metal extraction methods across a range of critical minerals including titanium, vanadium, nickel, and rare earth elements.
Complementing its technology division, Temas also owns 100% of two advanced titanium-vanadium-iron projects in Québec, Canada - La Blache and Lac Brûlé - which are strategically positioned to feed directly into the Company's proprietary processing platform, creating a fully integrated mine-to-market supply chain for Western metals.
Through this combination of innovative IP commercialization and resource ownership, Temas Resources is positioned to deliver scalable, low-carbon solutions that strengthen Western critical-mineral independence and create long-term value for shareholders.
Benefits the ORF - RCL Technology:
The RCL platform technology involves the hydrometallurgical mineral extraction of concentrates, whole ores, slags and tailings to enhance recovery of critical metals, battery metals, Platinum Group Minerals ("PGMs"), precious and base metals and Rare Earth Element ("REE") recovery at materially higher through-yields and lower capital and operating costs than many of the conventional approaches that are in use traditionally. This novel RCL technology is ideally suited to treat increasingly complex ores in an environmentally sensitive manner.
Pilot Testing Complete: The Company has completed a pilot test of approximately 1 ton of material from its La Blache TiO2 mineral property yielding 88 kgs of a 99.8% pure TiO2 commercial grade product.1
Validated Cost Reduction: A significant cost reduction of over 65%2 ,3 is validated for TiO2 processing using the RCL platform technology (e.g., reagent recycling, potentially lower energy use, optimized recovery etc.). These fundamental process efficiencies are expected to translate into economic advantages when applying the platform to Nickel or other target minerals hosted in complex ores.
Environmental Performance: The closed-loop design and high reagent recycling rates are core to the RCL platform, irrespective of the target mineral. Over 69% lower operating costs compared to conventional processing due to its core features operating at near ambient temperatures.[3] This means the reduced environmental footprint and enhanced ESG profile are benefits that extend to ores and minerals previously noted, not just TiO2.
High Recovery Potential: Just as we've demonstrated high-quality, 99.8% TiO2 product from pilot testing1 the RCL platform is engineered for high recovery and purity of all target metals. Our metallurgical expertise focuses on optimizing these recoveries and maximizing margins for each specific mineral.
RCL results in a quicker and more complete liberation of the target metals using atmospheric pressure and lower temperatures than competing methods and improves the selectivity and efficiency of subsequent solvent extraction steps. Management believes that this novel metallurgical process can be applied to many complex resource deposits worldwide, enhancing both extraction and recovery for the operator.
Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements
Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with mineral exploration generally and results from anticipated and proposed exploration programs, conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals.
Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.
1 Source: Temas Resources Corp. "Pilot Scale Evaluation of Temas La Blache Ilmenite - Final Report PRO 21-16," 24 June 2022.
2 These metallurgical test results and cost-reduction data were first reported in the Company's Canadian market announcement dated 13 April 2021, titled "Temas Resources Acquires 50 % of Green Mineral Process Developer ORF Technologies Inc."
3 The cost-reduction figure is supported by independent evaluation conducted by the Natural Resources Research Institute (University of Minnesota, 2017) and subsequent pilot-scale validation by ORF Technologies Inc., as detailed in Temas Resources news releases of 2021 and 2022.
Also Named One of Fortune's Best Workplaces in New York™ for the Third Consecutive Year
, /PRNewswire/ -- W. P. Carey Inc. (W. P. Carey, NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties, is proud to announce it has been Certified™ by Great Place to Work® in the U.S., the Netherlands and the U.K.
W. P. Carey Earns 2026 Great Place to Work Certification™ in the U.S., the Netherlands and the U.K. In addition, W. P. Carey was selected as one of the Best Small and Medium Workplaces in New York by Fortune for the third consecutive year. The Fortune Best Workplaces in New York™ list is highly competitive and determined by an analysis of over 155,000 survey responses from employees at eligible Great Place to Work Certified™ companies.
"These recognitions belong to our employees, whose dedication and enthusiasm make W. P. Carey a truly special place to work," said Jason Fox, Chief Executive Officer and President, W. P. Carey. "Earning Great Place to Work Certification in all three countries in which we have offices —the U.S., the Netherlands and the U.K.—is especially meaningful, as it underscores our commitment to fostering an environment where employees feel valued, supported and connected to our culture, no matter where they are."
Results from the 2026 certification survey highlight that 96% of global respondents said W. P. Carey is a great place to work—significantly higher than the average company benchmark. 96% of global respondents are also proud to tell others they work at W. P. Carey and feel they work in an inclusive environment that welcomes differences.
For more information on W. P. Carey's culture, employee programs and benefits, read our 2025 Corporate Responsibility Report.
W. P. Carey Inc.
W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,703 net lease properties covering approximately 185 million square feet as of March 31, 2026. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant industrial, warehouse and retail properties located in the U.S. and Europe, under long-term net leases with built-in rent escalations.
www.wpcarey.com
Institutional Investors:
Peter Sands
1 (212) 492-1110
[email protected]
Individual Investors:
W. P. Carey Inc.
1 (212) 492-8920
[email protected]
Warren Buffett last year prepared to vacate his spot in the driver's seat at Berkshire Hathaway and hand over the steering wheel to Greg Abel. But before he did so, he bought a few new stocks -- and one of them was UnitedHealth Group (UNH 1.64%), a down-but-not-out health insurance leader. As CEO of Berkshire Hathaway, Buffett added the stock to his portfolio in the second quarter of the year.
At the time, UnitedHealth was struggling with a number of challenges, but Buffett likely viewed it as a strong recovery story, particularly considering the company's market leadership: UnitedHealth is the country's biggest health insurer.
Earlier this year, though, Abel, in his first quarter as Berkshire Hathaway CEO, decided to cash out on this healthcare giant. He sold the entire position, or 5,039,564 shares. UnitedHealth previously represented 0.6% of Berkshire Hathaway's portfolio.
Now you may be wondering whether this stock, among one of Buffett's last stock picks as CEO, has reached its potential -- or if the stock is a steal at its current valuation. Let's find out.
Image source: Getty Images.
Buffett buys, Abel sells First, let's consider why Buffett may have bought and why Abel may have sold. We don't know the exact reasons, as these investors only declare their trades publicly but aren't required to offer further details. Considering Buffett's investing focus on buying quality companies at reasonable or even bargain prices, we might deduce that he applied this idea when picking up the shares.
Buffett bought UnitedHealth in the second quarter, a time when valuation dropped sharply.
UNH PE Ratio (Forward) data by YCharts
The billionaire probably liked this price tag, along with UnitedHealth's strong moat or competitive advantage. The company dominates the U.S. health insurance market and has two enormous pillars -- the UnitedHealthcare insurance unit and the Optum healthcare services business. It would be very difficult for a rival to copy this model and unseat the market leader.
Today's Change
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-1.64
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-7.06
Current Price
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424.62
Meanwhile, UnitedHealth was making clear moves to spur recovery. The company, which struggled with increased patient use of healthcare and higher healthcare costs, cut certain plans and adjusted pricing, for example. UnitedHealth also invested in artificial intelligence (AI) to streamline certain processes and gain efficiency. And all of this has been progressively bearing fruit, as we've seen in recent earnings reports.
UNH Revenue (Quarterly) data by YCharts
Potential reasons for Abel's move But at the start of this year, Abel decided to part ways with UnitedHealth. Again, we don't know the reasons behind his move. It may have simply been to free up more cash for other stocks that Abel aimed to include in the portfolio. Depending on the exact timing of Buffett's buy and Abel's sell, UnitedHealth could have delivered a gain of more than 20% to Berkshire Hathaway. (This is just an example of what might have happened -- we don't know the exact dates of the buys and sells, so we can't be sure of the return.)
UNH data by YCharts
In any case, the move doesn't necessarily mean Abel doesn't like the stock or that it isn't right for your portfolio. It's important to keep in mind that professional investors often make moves to support a broader strategy -- so a "sell" doesn't always suggest the fund manager no longer believes in the stock's potential.
With this in mind, has UnitedHealth reached its maximum today? Or is the stock a steal?
At 23x forward earnings estimates, the stock is more expensive than when Buffett added it to the portfolio.
But, it's still cheaper than it was in the past -- and right now we might consider that revenue growth prospects are improving. This is considering the recent aggressive moves UnitedHealth has made to recover and favor growth moving forward.
All of this means that UnitedHealth may not be an absolute steal, but it remains reasonably priced. And that makes it a great healthcare stock to buy today and hold onto for the long term as this recovery story continues to unfold.
NEW YORK, July 13, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating Barry Diller’s bid to buy MGM Resorts International (NYSE:MGM). MGM is incorporated in Delaware.
Barry Diller is a member of MGM’s board of directors. People, Inc. (“People,” f/k/a/ IAC, Inc.), a company that Diller founded and controls, is MGM’s largest single stockholder. On June 1, 2026, People made an unsolicited bid to buy the remaining MGM stock for $48.30 per share.
If you are a current shareholder of MGM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation.
Key Details of the MGM ($MGM) Investigation:
Investigation Overview: Breaches of Fiduciary Duty in connection with Barry Diller’s offer to acquire the remaining stock of MGM for $48.30 per shareAction: Contact BFA Law to discuss your rights Why is the MGM Transaction being Investigated?
As a director, Diller owes fiduciary duties to MGM and its stockholders. People also recently entered a governance agreement with MGM that gave People the right to designate two MGM directors going forward. Because Diller “stands on both sides” of the proposed deal, and because other MGM fiduciaries could potentially receive benefits that other stockholders do not receive, these facts create a create conflicts of interest under Delaware law. If MGM and Diller reach an agreement, they must comply with Delaware’s strict requirements for “cleansing” these conflicts and ensuring the deal is fair to MGM’s stockholders.
In a news release on June 1, MGM stated that the board of directors “will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders.”
BFA is investigating whether the potential agreement complies with Delaware law.
If you are a current holder of MGM stock, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
SummaryAmerican International Group (AIG) is upgraded to buy, driven by undervaluation, improving insurance metrics, and a robust investment-grade balance sheet. AIG's combined ratio and margins are improving, with the analyst consensus forecasting +12.8% YoY EPS growth and 19 upward revisions. Dividend growth and safety are meaningful, with AIG leading its peer group in 5-year dividend growth and maintaining a conservative payout ratio. Key risks remain from outsized catastrophe events, but diversified assets and liquidity position AIG as both a growth and dividend idea. Gary Yeowell/DigitalVision via Getty Images
A Major P&C Insurer With +$41B in Market Cap, With Lots More Upside Potential American International Group (AIG) is on my radar again for a followup ahead of its upcoming Q2 earnings results, and
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
