Western Digital ve 3. fiskálním čtvrtletí 2026 dodala 222 exabajtů, o 34 % více meziročně, a cílí na sériovou výrobu 40TB UltraSMR v druhé polovině fiskálního roku 2026. HAMR má začít nabíhat v roce 2027.
Key Takeaways Western Digital is advancing HAMR and ePMR to meet rising AI and cloud storage demand.WDC shipped 222 exabytes in fiscal Q3 2026, up 34% year over year, including 32TB ePMR drives.Western Digital targets 40TB UltraSMR volume production in fiscal 2026 and HAMR ramp in 2027. Western Digital Corporation (WDC - Free Report) is advancing its Heat-Assisted Magnetic Recording (HAMR) strategy to support rising demand for high-capacity storage in the AI-driven data economy. As artificial intelligence (AI) adoption and cloud computing continue to accelerate data creation, the company believes the need for persistent, scalable and cost-efficient storage will continue to increase.
On the last earnings call, management highlighted that AI training, inferencing, the emergence of agentic AI, synthetic data generation and physical AI applications, including robotics and autonomous vehicles, are expected to drive long-term storage demand CAGR of more than 25%. To address these evolving requirements, the company is expanding its HDD technology portfolio with higher-capacity drives, improved performance and lower total cost of ownership.
Western Digital continues to collaborate with hyperscale customers while advancing areal density improvements and accelerating its ePMR and HAMR roadmaps. In the third quarter of fiscal 2026, the company shipped 222 exabytes, up 34% year over year, including 4.1 million next-generation ePMR drives totaling 118 exabytes with capacities of up to 32TB. It is also expanding UltraSMR adoption, leveraging its reliability, scalability and total cost of ownership advantages for data center customers.
To strengthen its HAMR capabilities, the company acquired intellectual property and talent to enhance its in-house laser development expertise and introduced UltraSMR-enabled JBOD platforms with software ecosystem partners to broaden adoption through higher storage density and hyperscale-class performance. Firm purchase orders from its top seven customers extend through 2026, while multi-year commercial agreements with three of its top five customers continue into 2027 and 2028.
Western Digital has outlined a customer-focused storage roadmap centered on scalable capacity, improved performance, better power efficiency and faster deployment while maintaining HDD economics. Its 40TB UltraSMR ePMR HDD is targeted for volume production in the second half of fiscal 2026, while HAMR drives are expected to ramp in 2027. The roadmap extends ePMR to 60TB and scales HAMR technology toward 100TB by 2029. The company is also advancing High Bandwidth Drive Technology, Dual Pivot Technology and power-optimized drives, while expanding UltraSMR adoption and its Platforms business to support AI-scale storage deployments.
Taking a Look at WDC’s CompetitorsSeagate Technology Holdings plc (STX - Free Report) is strengthening its leadership in HAMR technology to address growing AI-driven demand for high-capacity, cost-efficient storage. Its second-generation Mozaic 4+ platform delivers up to 44TB per drive, more than 30% higher capacity than earlier versions, and is expected to dominate HAMR exabyte shipments by the end of 2026. The company has already shipped millions of HAMR drives and expects Mozaic 5, offering up to 50TB capacity, to enter qualification in late 2027. Seagate believes its HAMR roadmap, focused on increasing areal density, will support long-term exabyte growth while improving cost and power efficiency per terabyte.
NetApp, Inc. (NTAP - Free Report) is benefiting from rising enterprise demand for modern all-flash storage and hybrid cloud data management as customers scale AI workloads. Fourth-quarter fiscal 2026 results showed continued growth in all-flash, Public Cloud services and Keystone, supported by deeper hyperscaler partnerships and a larger services backlog. For fiscal 2027, management expects revenue growth to accelerate, and plans to continue returning capital to shareholders, including returning up to all free cash flow, while also investing in AI-focused product refreshes. For fiscal 2027, NetApp projects net revenues in the range of $7.325 billion to $7.575 billion.
WDC Price Performance, Valuation and EstimatesIn the past month, shares of WDC have jumped 12.3% compared with the Zacks Computer-Storage Devices industry’s growth of 5.2%.
Image Source: Zacks Investment Research
In terms of forward price/earnings, WDC shares are trading at 29.54X, higher than the industry’s 13.18X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for WDC’s earnings for fiscal 2026 has been revised north 0.4% to $10.06 over the past 60 days, while the same for fiscal 2027 has gone up 8.44% to $18.64.
Image Source: Zacks Investment Research
Currently, Western Digital has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
CFTC zablokuje plán CME Group na 24/7 obchodování s futures na ropu. Komise uvedla, že kontrakt podrobí důkladnému přezkumu a zabrání jeho zalistování.
Signage is seen outside of the US Commodity Futures Trading Commission (CFTC) in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly/File Photo Purchase Licensing Rights, opens new tab
CompaniesJuly 9 (Reuters) - The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday it would exercise its authority to stay the listing of a contract that would have allowed CME Group (CME.O), opens new tab to initiate 24/7 trading on crude oil futures as soon as Friday.
The move comes after CME sought to self-certify the contract on July 8, despite an ongoing public comment period on the extension of standard futures contracts to round-the-clock trading, including crude oil.
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CME Group, the world's leading derivatives marketplace, had announced in June that it would offer 24/7 trading in some crude and gold futures contracts, pending regulatory review.
CFTC Chairman Michael Selig said the commission was still examining whether 24/7 trading of futures contracts on various asset classes was consistent with its statutory Core Principles.
"We do not take a one-size-fits-all approach to 24/7 trading," Selig added in a statement.
The commission said its regulations offer exchanges two methods to list contracts — self certification and seeking a review and approval. "CME made simultaneous, but separate filings under both provisions."
CFTC said it would conduct a thorough review of the product filings and bar CME from listing such contracts before determining they comply with the Commodity Exchange Act and Commission regulations.
Reporting by Pooja Menon in Bengaluru; Editing by Joyjeet Das
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Cenovus za poslední rok vzrostl o 85,3 % a těží z akvizice MEG Energy, která má přinést synergie nad C$150 milionů v roce 2026 a více než C$400 milionů ročně do roku 2028.
Key Takeaways Cenovus shares surged 85.3% in the past year, beating CNQ, SU and the sub-industry's 52.9% rallies.Cenovus expects to beat its C$150M 2026 MEG synergy target and generate above C$400M annually by 2028.Cenovus trades at 6.6X EV/EBITDA, below the industry average and Canadian Natural Resources' 9.08X. Over the past year, shares of Cenovus Energy Inc. (CVE - Free Report) have climbed 85.3%, comfortably outpacing Canadian Natural Resources' (CNQ - Free Report) 33.5% gain and Suncor Energy's (SU - Free Report) 49.9% rally. During the same period, the stock has surpassed the sub-industry’s 52.9% return. The strong stock performance reflects growing investor confidence in the company's execution strategy and expanding operational footprint within Canada's energy sector.
Image Source: Zacks Investment Research
Cenovus has steadily strengthened its business through disciplined capital allocation, acquisitions and production growth. As the stock continues to outperform, investors are evaluating whether the company's improving fundamentals can support further upside.
Adding to the bullish case, Cenovus has exceeded the Zacks Consensus Estimate in the past four quarters, delivering an average earnings surprise of 50.8%. Such consistent earnings outperformance highlights the company's operational strength despite the cyclical nature of the energy industry.
Image Source: Zacks Investment Research
Key Factors Driving Cenovus' Growth StoryMEG Energy Acquisition Is Already Delivering ResultsThe acquisition of MEG Energy, completed in late 2025 for C$7.1 billion, has quickly become a major value driver for Cenovus. The transaction expanded the company's oil sands portfolio by adding assets adjacent to its Christina Lake operations, creating opportunities for operational efficiencies and lower development costs.
Management has indicated that redevelopment wells at Christina Lake North are performing better than originally anticipated. Consequently, the company expects to exceed its initial C$150-million synergy target for 2026, while maintaining its outlook of generating more than C$400 million in annual synergies by 2028.
Beyond near-term cost savings, the acquisition strengthens Cenovus' reserve base, enhances production capacity and further reinforces its leadership position among Canada's oil sand producers.
Low-Cost Operations Provide a Durable Competitive AdvantageOne of Cenovus' biggest strengths remains its industry-leading cost structure. According to the company, combined operating and sustaining capital costs are approximately $21 per barrel, making Cenovus one of the lowest-cost producers in its peer group.
Its portfolio of long-life, high-quality oil sands assets enables the company to generate attractive returns across commodity price cycles. Management has also maintained a disciplined capital allocation strategy, with growth projects designed to earn acceptable returns even if WTI crude falls to around US$45 per barrel.
This structural cost advantage positions Cenovus to protect margins, generate healthy free cash flow and continue to create long-term shareholder value even in weaker commodity environments.
Integrated Operations Enhance Cash Flow StabilityWhile crude oil prices remain supportive, the longer-term outlook points to a more balanced global oil market as OPEC+ gradually restores production, geopolitical supply disruptions ease and inventories rebuild. According to the U.S. Energy Information Administration (EIA), Brent crude prices are expected to average $82 per barrel in 2026 before moderating in 2027 as higher global supply weighs on the market.
Against this backdrop, Cenovus appears well-positioned to generate resilient cash flows. The company's upstream portfolio is anchored by long-life oil sand assets with combined operating and sustaining capital costs of approximately $21 per barrel, while management expects its growth investments to generate acceptable returns even at WTI prices of US$45 per barrel. This low-cost production profile provides a meaningful cushion against weaker commodity prices.
Cenovus' integrated business model strengthens its earnings resilience. The company owns approximately 660,000 barrels per day of refining capacity across North America through refineries in Canada and the United States. This downstream business helps offset volatility in upstream earnings by capturing refining margins when crude price realizations weaken. In addition, its extensive pipeline connectivity and heavy-oil processing capabilities help reduce the impact of Western Canadian Select (WCS) price differentials.
The combination of low-cost upstream operations and a sizable downstream refining network enables Cenovus to generate relatively stable free cash flow across commodity cycles, supporting continued shareholder returns, disciplined capital allocation and long-term production growth.
Estimates Reflect Continued Earnings GrowthAnalyst sentiment has become increasingly constructive toward Cenovus in recent months. The Zacks Consensus Estimate for 2026 revenues stands at $37.6 billion, implying 5.8% year-over-year growth, while earnings are projected to reach $3.02 per share, representing an impressive 96% increase from the prior year.
For 2027, consensus estimates call for an additional 1.5% increase in revenues, although earnings are expected to decline 8.2%.
Reflecting improved confidence in the company's outlook, earnings estimates have also moved higher. Over the past 60 days, the consensus EPS estimate has increased 2.03% for 2026 and 6.13% for 2027.
Image Source: Zacks Investment Research
Attractive Valuation Compared With PeersDespite its strong share price appreciation, Cenovus continues to trade at a reasonable valuation. The stock currently carries a trailing 12-month EV/EBITDA multiple of 6.6X, slightly below the industry average of 6.65X.
The valuation also remains well below Canadian Natural Resources, which trades at 9.08X EV/EBITDA. Although Suncor Energy commands a similar multiple, Cenovus offers a more compelling long-term growth profile, supported by acquisition synergies, low-cost operations and multiple development opportunities that should drive production growth.
Image Source: Zacks Investment Research
Should You Buy CVE Stock?Cenovus has built a compelling long-term investment case by combining disciplined execution with growth initiatives. The successful integration of the MEG Energy acquisition, one of the industry's lowest operating cost structures and a highly integrated upstream-downstream business model, positions the company to generate resilient earnings across varying commodity price environments.
At the same time, improving earnings estimates indicate growing confidence in management's ability to translate these operational strengths into higher profitability. Despite its strong rally over the past year, the stock continues to trade at an attractive valuation relative to the broader industry and several key competitors.
Backed by a Zacks Rank #1 (Strong Buy), Cenovus appears well-positioned to deliver sustainable shareholder value over the long term, making the stock an attractive consideration for investors seeking exposure to a financially disciplined and operationally efficient Canadian energy producer.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Binance zařadila Helium (HNT) do spotového obchodování, čímž mu otevřela novou likviditu a větší viditelnost mezi obchodníky. Pro DePIN je to další katalyzátor zájmu.
Helium is getting a fresh liquidity window after Binance added HNT to its spot trading lineup. For a DePIN token, that matters because exchange access can quickly change who can trade the asset, how deep the order book becomes, and how visible the project is to global retail markets.
The listing is also a reminder that DePIN remains one of the market’s stickier infrastructure themes. It does not always dominate the headlines, but the idea of blockchain-linked physical networks continues to attract attention from traders and builders.
For more details, visit the official Binance platform.
TL;DR Binance listed Helium on its spot desk.The move expands global liquidity for one of the better-known DePIN tokens.HNT now gets a fresh exchange catalyst at a time when decentralized infrastructure narratives remain active. Why Binance Listings Still Matter A Binance listing is not a guarantee of lasting demand, but it remains one of the clearest exchange-access catalysts in crypto. It can improve liquidity, widen participation, and put a token into the daily rotation of active traders.
For Helium, that added visibility comes at a useful time. The project’s story is more concrete than many speculative tokens because it is tied to decentralized wireless and connectivity infrastructure.
The DePIN Angle DePIN has become a catch-all term for projects trying to coordinate physical infrastructure through token incentives. Some of those projects are still very early, but Helium is one of the names most traders recognize in the category.
That recognition matters because narratives need anchors. When a major exchange lists a recognizable DePIN asset, it can pull attention back to the broader sector.
What Traders Should Watch The first test is whether HNT volume holds after the initial listing reaction. Many new listings see a quick burst of activity and then fade. A stronger signal would be sustained depth across the listed pairs.
For now, Binance has given Helium a new market venue and a fresh reason for traders to revisit the DePIN theme.
What The Market Can Learn The useful way to read this story is not as a standalone headline about Binance, but as part of the wider pressure building around Binance coverage this week. Markets have been jumping quickly from one catalyst to the next, so the cleaner value for readers is in separating the actual development from the instant reaction around it. In this case, the source material gives us a concrete event to work from, rather than a loose rumour or a recycled social-media talking point.
That distinction matters because crypto readers are being asked to process a lot at once: ETF flows, regulatory actions, exchange listings, protocol upgrades, wallet movements, and political signals. A story like this is most useful when it helps them understand where Helium fits into that broader map. It does not need to be inflated into a guaranteed price call to be worth covering. It simply needs to explain what changed, who is affected, and why the market is paying attention today.
The caveat is also important. Even clean source-backed developments can be overinterpreted when traders are hunting for a fast narrative. A listing does not automatically create lasting demand, a regulatory update does not immediately settle every legal question, and an on-chain movement does not always translate into a finished sale. The better read is to treat the development as a fresh data point and then watch whether follow-up activity confirms the direction of travel.
For NewsBTC readers, that means keeping the focus on what can actually be verified from the source and avoiding the temptation to turn every update into a sweeping market verdict. The story is strong enough on its own terms: it gives investors and traders another piece of context around Binance, while leaving room for the next filing, dashboard update, wallet movement, governance vote, or exchange notice to decide whether the angle grows into something bigger.
This article is based on information from Binance.
This article was written by the News Desk and edited by Samuel Rae.
SHIB spálil 110 milionů tokenů za jediný den, což je nejvíc za šest měsíců, ale cena přesto klesla zhruba o 4,57 % za den. Slabá poptávka po memecoinech dál převažuje nad efektem burnů.
Token burns often act as a mechanism to help a token diverge from broader market FUD.
The logic is simple: Burning tokens permanently removes them from circulation by sending them to dead wallets, reducing the liquid supply available in the market.
If demand stays the same or increases, this lower supply can create scarcity, supporting price and helping the token outperform the broader market.
The Shiba Inu community appears to be testing this thesis in real time. As the chart below shows, more than 110 million SHIB were burned on the 8th of July, marking the biggest single-day burn in six months.
More importantly, weekly burns have now climbed to 152 million SHIB, suggesting the burn rate is accelerating despite broader memecoin weakness.
Source: Shiburn However, the burns have yet to translate into any meaningful technical strength. SHIB is down around 4.57% on the daily chart, continuing to diverge from the typical scarcity-driven narrative.
The reason becomes clearer when looking at Shiba Inu’s [SHIB] supply dynamics.
Since launch, the SHIB community has burned more than 410 trillion SHIB, yet roughly 585.6 trillion tokens still circulate in the market.
In other words, the recent increase in burn activity removes only a tiny fraction of the total supply, failing to materially tighten the circulating supply. Without a meaningful pickup in demand, reduced supply alone is unlikely to reverse SHIB’s broader downtrend.
From a market perspective, this shifts the focus back to the broader memecoin sector. If sector-wide liquidity continues to weaken, deflationary tokenomics alone may not be enough to trigger a sustained FOMO rally.
Instead, SHIB is likely to remain more sensitive to broader memecoin capital flows than its own burn rate.
SHIB burn activity surges as memecoin weakness deepens The recent 110 million SHIB burn wasn’t an isolated event.
Instead, it capped off a broader pickup in burn activity.
According to Shibburn data, the Shiba Inu community burned 152 million+ SHIB over the past week, lifting the weekly burn rate by 55.77%. Most of that increase came from the 110 million SHIB burned, marking the network’s biggest single-day burn in six months.
Even so, SHIB’s price continues to ignore the spike in burn activity.
The token is down 5%+ over the past week, showing that lower supply alone hasn’t been enough to shift market structure. The memecoin market tells the story.
During the Q4 2024 rally, memecoins made up more than 10% of the total altcoin market cap. At press time, that share has dropped to just 3.7%, showing that capital has continued to leave the sector.
Source: CryptoQuant From a supply-demand perspective, demand clearly remains the limiting factor.
While token burns continue to reduce supply at the margin, the ongoing outflow of capital from memecoins has more than offset that effect. Until liquidity returns to the sector, demand (not deflationary tokenomics) is likely to remain the primary driver of SHIB’s price.
Final Summary SHIB burned 110 million tokens in its biggest burn in six months, but the price is still falling. Weak memecoin demand continues to outweigh SHIB’s token burns.
Amcor zahájil rozšíření závodu na flexibilní obaly v čínském Dongguanu. Investice má zvýšit výrobní kapacitu a posílit odolnost dodavatelského řetězce v klíčovém trhu.
Investment reinforces Amcor's commitment to a key growth market
, /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, has commenced an expansion project at its flexible packaging solutions facility in Dongguan, China.
The project includes the construction of a 7,000-square-meter manufacturing facility and automated warehouse, expanding Amcor's existing campus to over 38,000 square meters. The expansion will increase production capacity and strengthen supply chain resilience in a key industrial hub in South China. Construction is expected to be completed by July 2027.
Amcor leaders, partners and local government representatives mark the groundbreaking of the Dongguan expansion project. Designed around the principles of sustainability and intelligent manufacturing, the expansion will feature automated solvent-free laminators, high-speed bag-making machines and automated bag arranging systems. These technologies will increase production capacity, improve operational efficiency and support the development of recycle-ready packaging solutions for food, home and personal care applications.
Amcor has operated in China for more than 30 years and currently has 23 manufacturing sites and two research and development centers across the country. The Dongguan expansion will further strengthen the company's manufacturing network to better support its customers across the Asia Pacific region.
"China is an important growth market for Amcor, and the Dongguan expansion represents an investment in the technologies and capabilities that will help shape the future of packaging," said Xin She, Vice President and General Manager of Amcor Flexibles China. "We are creating a more efficient and intelligent manufacturing ecosystem that will help our customers grow and meet the needs of millions of consumers every day."
About Amcor
Amcor is the global leader in developing and producing responsible consumer packaging and dispensing solutions across a variety of materials for nutrition, health, beauty and wellness categories. Our global product innovation and sustainability expertise enables us to solve packaging challenges around the world every day, producing a range of flexible packaging, rigid packaging, cartons and closures that are more sustainable, functional and appealing for our customers and their consumers. We are guided by our purpose of elevating customers, shaping lives and protecting the future. Supported by a commitment to safety, over 75,000 people generate $23 billion in annualized sales from operations that span over 400 locations in more than 40 countries. NYSE: AMCR; ASX: AMC
EMCOR zvýšil výhled tržeb pro rok 2026 na 18,5–19,25 mld. USD z původního rozpětí 17,75–18,5 mld. USD po rekordních tržbách za první čtvrtletí ve výši 4,63 mld. USD. Firma očekává růst nad úrovní nebytové výstavby díky datovým centrům a dalším projektům.
Key Takeaways EMCOR expects to keep growing faster than nonresidential construction, led by data center gains.EMCOR lifted 2026 revenue guidance to $18.5B-$19.25B after record Q1 sales of $4.63B.EMCOR is seeing demand across institutional, healthcare, manufacturing, water and logistics projects. EMCOR Group, Inc. (EME - Free Report) appears well positioned to outperform the broader U.S. nonresidential construction market again in 2026, supported by strong demand across multiple end markets, a record project backlog and continued share gains in mission-critical infrastructure. While industry growth is expected to remain moderate, the company continues to benefit from exposure to structural growth markets such as data centers, healthcare, institutional facilities, water infrastructure and advanced manufacturing.
Management remains confident that the company will continue growing meaningfully faster than the broader nonresidential construction market. During the first-quarter earnings call, EMCOR stated that it expects to "continue to grow in excess of nonresidential construction" while expanding its presence across existing and adjacent geographies, particularly within the data center market.
The company has already demonstrated that momentum. First-quarter 2026 revenues increased 19.7% year over year to a record $4.63 billion, or 16.8% on an organic basis. Strong execution prompted management to raise its full-year 2026 revenue guidance to $18.5-$19.25 billion from the prior range of $17.75-$18.5 billion, while also increasing its diluted EPS outlook. Importantly, management indicated that growth is extending beyond data centers.
One reason EMCOR appears capable of sustaining above-market growth is the breadth of its end-market exposure. Rather than relying on a single growth engine, the company continues to benefit from multiple construction verticals. Network and communications, which includes data centers, remains the largest contributor to growth as artificial intelligence (AI), cloud computing and digital infrastructure investments continue to accelerate. At the same time, EMCOR is experiencing strong activity in institutional construction, manufacturing and industrial facilities, healthcare projects and water and wastewater infrastructure. Mechanical construction also benefited from the recovery in warehousing, distribution and logistics projects during the quarter.
Although macroeconomic uncertainty, labor availability and project timing remain industry risks, EMCOR's diversified project portfolio, expanding backlog and exposure to long-term infrastructure investment appear to position the company to continue outperforming broader nonresidential construction trends. If demand across data centers, institutional facilities, healthcare and water infrastructure remains healthy, EMCOR could again deliver growth that exceeds the overall nonresidential construction market in 2026.
Peers Also Positioned to Outgrow the MarketEMCOR is not the only contractor benefiting from resilient demand across high-growth nonresidential construction markets. Industry peers Sterling Infrastructure, Inc. (STRL - Free Report) and Comfort Systems USA, Inc. (FIX - Free Report) are also capitalizing on sustained investment in mission-critical facilities, advanced manufacturing and data center infrastructure, positioning themselves to outpace broader construction industry growth.
Sterling continues to benefit from robust demand in its E-Infrastructure business, where data centers remain the primary growth driver. The company reported that mission-critical projects, including data centers, semiconductor facilities and advanced manufacturing, accounted for more than 90% of its E-Infrastructure signed backlog. Sterling also highlighted expanding opportunities across new geographies, growing cross-selling between its site development and electrical businesses, and increasing project size and complexity — all of which are expected to support above-market growth over the long term.
Comfort Systems is similarly benefiting from structural demand across technology and institutional markets. Management noted that advanced technology, led primarily by data center projects, accounted for 56% of first-quarter revenues and remained the company's largest driver of pipeline and backlog growth. At the same time, healthcare, education and government projects continued to provide a solid base of institutional demand, while ongoing investments in modular manufacturing capacity are expected to support future expansion and execution.
EME Stock’s Price Performance & Valuation TrendShares of this Connecticut-based infrastructure service provider have gained 25.7% year to date, slightly underperforming the Zacks Building Products - Heavy Construction industry, but outperforming the Construction sector and the S&P 500 Index.
Image Source: Zacks Investment Research
EME stock is currently trading at a premium compared with the industry peers, with a forward 12-month price-to-earnings (P/E) ratio of 24.67, as evidenced by the chart below.
Image Source: Zacks Investment Research
Earnings Estimate Revision of EME StockEME’s earnings estimates for 2026 and 2027 have moved upward in the past 60 days. The estimates for 2026 and 2027 imply year-over-year growth of 13.5% and 11.8%, respectively.
Image Source: Zacks Investment Research
EMCOR stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
BWX Technologies rozšiřuje kapacity, investuje do závodů, zařízení a technologií, aby podpořila nasazení reaktorů nové generace. Firma využívá své know-how v jaderné výrobě, inženýrství a palivových technologiích.
Key Takeaways BWX Technologies is expanding capabilities to support next-generation reactor deployment.BWXT leverages nuclear manufacturing and engineering expertise across advanced reactor programs.BWX Technologies is investing in facilities and technical capabilities to support future reactor projects. BWX Technologies, Inc. (BWXT - Free Report) continues strengthening its position in the advanced nuclear market by expanding capabilities that support next-generation reactor deployment. The company is leveraging its expertise in nuclear manufacturing, engineering and fuel technologies to support advanced reactor developers and government customers. BWXT is also investing in facilities, equipment and technical capabilities that enhance its ability to deliver specialized reactor components and related nuclear technologies.
Advanced reactors require highly specialized manufacturing processes, precision engineering and a secure domestic supply chain for critical nuclear components. BWXT's decades of experience in naval nuclear propulsion and commercial nuclear operations provide a strong foundation to support these emerging reactor programs. The company's integrated capabilities enable it to manufacture complex reactor components while meeting stringent quality and regulatory requirements.
BWXT also continues expanding its advanced reactor portfolio through collaborations with government agencies and commercial developers. Its expertise spans reactor design support, nuclear fuel development, component manufacturing and engineering services, positioning the company to participate across multiple stages of advanced reactor deployment.
As interest in advanced nuclear technologies continues growing, demand for experienced nuclear manufacturers is expected to increase. BWXT's continued investment in technical capabilities, specialized manufacturing and engineering expertise positions the company to support future advanced reactor projects while strengthening its long-term growth opportunities.
Companies Advancing Advanced Reactor CapabilitiesAs advanced nuclear technologies keep gaining momentum, companies are expanding capabilities to support the deployment of next-generation reactors. Companies like Oklo Inc. (OKLO - Free Report) and NuScale Power Corporation (SMR - Free Report) are also fortifying their positions across the advanced reactor market.
Oklo continues advancing the deployment of its Aurora advanced reactor through fuel qualification, site development and commercialization activities while expanding the capabilities needed to support future reactor operations.
NuScale Power continues advancing its small modular reactor technology through engineering, licensing and supply-chain readiness, strengthening its ability to support future reactor deployment.
Earnings Estimates for BWXT StockThe Zacks Consensus Estimate for 2026 and 2027 earnings per share suggests year-over-year growth of 14.71% and 13.90%, respectively.
Image Source: Zacks Investment Research
BWXT Stock Is Trading at a DiscountBWX Technologies is trading at a discount relative to the industry, with a forward 12-month price-to-sales of 4.25X compared with the industry average of 14.05X.
Image Source: Zacks Investment Research
BWXT Stock Price PerformanceOver the past year, BWXT shares have rallied 34.9% compared with the industry’s 20.2% growth.
Image Source: Zacks Investment Research
BWXT’s Zacks RankBWX Technologies currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
United Rentals zvýšila výhled na rok 2026 po silné poptávce po pronájmu techniky; tržby za pronájem v 1. čtvrtletí vzrostly o 8,7 % na rekordních 3,42 miliardy USD.
Key Takeaways United Rentals raised 2026 guidance after strong rental demand across construction and industrial markets.URI's Specialty business delivered record revenue growth, supported by new locations and broader offerings.United Rentals faces restructuring costs and macro risks despite strong free cash flow and capital returns. United Rentals, Inc. (URI - Free Report) surged 38.8% in the past three months, outperforming the Zacks Building Products - Miscellaneous industry, the broader Zacks Construction sector and the S&P 500 Index.
This Connecticut-based equipment rental company is benefiting from favorable secular trends in non-residential construction, infrastructure modernization, power, manufacturing, mining and data center development, which continue to drive healthy equipment rental demand. Raised 2026 guidance, robust free cash flow generation and disciplined capital allocation are likely to have strengthened investor confidence, supporting the stock's recent outperformance and reinforcing expectations for sustained earnings and shareholder value growth.
Although near-term challenges like elevated restructuring costs, margin pressures and ongoing macroeconomic uncertainties are concerning, the positive industry dynamics and expanding specialty offerings of URI are more than likely to boost mid and long-term growth.
Image Source: Zacks Investment Research
Let’s decode the factors molding United Rentals’ prospects in the upcoming period.
Factors Driving United Rentals’ Growth MomentumStrong Equipment Rental Demand: United Rentals is benefiting from sustained demand across both construction and industrial markets, reinforcing its long-term growth outlook. During the first quarter of 2026, equipment rental revenues climbed 8.7% year over year to a record $3.42 billion, driven by 2.3% growth in fleet productivity and a 5.7% expansion in average fleet size. Management highlighted robust activity in non-residential construction, infrastructure, power, manufacturing, mining and data centers, while healthcare and industrial manufacturing projects also gained traction.
URI expects to play a key role in the 2026 FIFA World Cup-related projects, adding another growth catalyst. Encouraged by strong customer feedback, particularly for large projects, United Rentals raised its 2026 guidance, expecting total revenues of $16.9-$17.4 billion (from $16.8-$17.3 billion) and higher EBITDA, reflecting confidence in continued demand for equipment rentals and market share gains.
Disciplined Acquisitions & Capital Allocation Efforts: United Rentals continues to strengthen its competitive position through strategic acquisitions while maintaining a disciplined capital allocation framework. Since its founding, the company has completed nearly 250 acquisitions to expand its geographic footprint, specialty offerings and one-stop-shop capabilities. Alongside inorganic growth, management continues investing in fleet expansion, increasing 2026 gross rental capital expenditure guidance to $4.4-$4.8 billion to meet rising customer demand.
Despite these investments, United Rentals generated more than $1 billion in first-quarter 2026 free cash flow and maintained a conservative net leverage ratio of 1.9x, providing ample financial flexibility. The company also returned $500 million to shareholders through dividends and share repurchases during the quarter and plans to repurchase approximately $1.5 billion of stock in 2026, underscoring its balanced approach toward growth investments and shareholder value creation.
Specialty Business Continues to Outperform: United Rentals' Specialty segment remains a major growth engine, supported by expanding product offerings and increasing demand for higher-value rental solutions. Specialty rental revenues surged 13.8% year over year in the first quarter of 2026 to a record $1.19 billion, significantly outpacing the General Rentals business. Growth was broad-based across all specialty lines, with the company opening 17 new greenfield ("cold start") locations during the quarter to expand market reach.
Specialty segment now represents 36.5% of total revenues (as of 2025) and has delivered a robust 20.2% revenue CAGR over the past decade, reflecting sustained customer adoption. Although margins faced temporary pressure from higher depreciation and delivery costs, management continues investing in this business, viewing Specialty as a key driver of long-term revenue growth, differentiation and cross-selling opportunities.
URI’s ROE PositionUnited Rentals' superior return on equity (ROE) indicates its growth potential. It provides solid investment returns relative to the industry average, as reflected in its current trailing 12-month ROE of 30.56%. This compares favorably with the industry's ROE of 28.04%. The factor mentioned above indicates the company’s efficiency in using its shareholders’ funds, along with its ability to generate profit with minimum capital usage.
Image Source: Zacks Investment Research
Can United Rentals Stay Ahead of Construction Rivals?United Rentals enjoys a distinct competitive advantage over peers like Armstrong World Industries, Inc. (AWI - Free Report) , Masco Corporation (MAS - Free Report) and Argan, Inc. (AGX - Free Report) because it directly benefits from rising equipment rental demand across virtually every major construction and industrial end market.
While Armstrong World and Masco primarily depend on commercial interior renovation and residential repair and remodeling activity, and Argan's growth is tied largely to power generation and industrial EPC projects, United Rentals serves all these markets simultaneously through its broad equipment rental platform. Strong demand from infrastructure, non-residential construction, manufacturing, data centers, utilities, mining and large industrial projects continues to support fleet utilization and rental pricing.
URI’s unmatched scale, approximately $23 billion rental fleet, extensive North American branch network and rapidly expanding Specialty business further strengthen its competitive position. Coupled with strategic acquisitions, robust free cash flow generation and disciplined capital allocation, these advantages enable United Rentals to outperform renowned peers, like Armstrong World, Masco and Argan, by capturing a broader range of growth opportunities while delivering more resilient earnings across market cycles.
Earnings Estimate Trend of URIURI’s earnings estimates for 2026 and 2027 have moved downward over the past 30 days to $46.76 and $52.75 per share, respectively. However, the revised estimates for 2026 and 2027 imply year-over-year improvements of 11.2% and 12.8%, respectively.
Image Source: Zacks Investment Research
What is Restricting United Rentals’ Near-Term Prospects?United Rentals faces several near-term challenges despite its strong operating momentum. It continues to incur restructuring costs tied to branch consolidations and workforce optimization, while the Specialty segment experienced margin pressure from higher depreciation, delivery expenses and a shift toward lower-margin ancillary revenues.
More broadly, management remains exposed to macroeconomic uncertainties, including inflation, elevated interest rates, tariffs, supply-chain disruptions and potential slowdowns in construction or industrial activity. Any weakening in large project spending or customer demand could reduce fleet utilization, pressure rental pricing and moderate revenue growth, potentially weighing on profitability and cash generation.
URI Stock Trading at a PremiumURI stock is currently trading at a premium compared with the industry peers, with a forward 12-month price-to-earnings (P/E) ratio of 21.48, as the trend lines suggest below.
Image Source: Zacks Investment Research
Can URI Stock Maintain Its Momentum in the Near Future?United Rentals remains well-positioned to sustain its long-term growth trajectory, supported by strong demand across non-residential construction, infrastructure, power, manufacturing, mining and data center projects. Its robust fleet utilization and raised 2026 guidance underscore management’s confidence in continued market share gains and earnings growth. The company’s disciplined acquisition strategy, industry-leading rental fleet, strong free cash flow generation and balanced capital allocation further reinforce its competitive advantage.
Although the stock trades at a premium and near-term headwinds, including restructuring costs, margin pressure and macroeconomic uncertainty, could create periodic volatility, these challenges appear manageable given the favorable end-market fundamentals. While recent downward earnings estimate revisions warrant monitoring, forecasts still indicate healthy double-digit earnings growth over the next two years.
Supported by superior return on equity and a current Zacks Rank #2 (Buy), URI stock appears capable of maintaining its market outperformance. Long-term investors can consider buying the stock at current levels rather than waiting for a better opportunity, given its durable growth drivers and resilient business model. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Vicor rozšiřuje licencování patentů, aby vedle prodeje hardwaru získával opakované licenční příjmy. Firma tak chce vytvořit dvojí model tržeb pro AI napájecí řešení.
Key Takeaways Vicor is expanding IP licensing to generate recurring royalties beyond direct product sales.VICR expects licensing and hardware sales to create a dual revenue model for AI power solutions.Vicor is investing in patent protection and licensing to broaden technology adoption and diversify revenues. Vicor Corporation (VICR - Free Report) is strengthening its long-term growth strategy by expanding its intellectual property licensing business, creating an additional avenue to monetize its proprietary power conversion technologies beyond direct product sales. As AI infrastructure providers, hyperscalers and semiconductor companies adopt increasingly complex power architectures, demand for advanced power delivery solutions continues to build. This positions Vicor to generate recurring royalty income by licensing its patented technologies to a broader customer base while reinforcing its competitive standing in power electronics.
Licensing has the potential to become an increasingly meaningful contributor to Vicor's financial profile. Royalty income requires limited incremental manufacturing investment, allowing the company to leverage decades of research and development across a wider ecosystem. VICR continues to invest in expanding its licensing practice and protecting its intellectual property through patent enforcement, a discipline that should support broader adoption of its technologies over time. The approach also gives customers a path to access Vicor's innovations through licensing agreements, creating a scalable, high-margin revenue stream that complements the company's core hardware business.
The opportunity is reinforced by next-generation AI processors requiring increasingly sophisticated power delivery architectures. Vicor expects licensing to work alongside its product portfolio, benefiting whether customers purchase its power modules directly or license its proprietary technologies, a dual revenue model that could diversify revenue sources and improve long-term earnings quality as adoption expands across AI, hyperscale computing and other high-performance applications.
The Zacks Consensus Estimate for Vicor's 2026 revenues is pegged at $594.05 million, indicating 31.22% year-over-year growth, pointing to expectations that this licensing-driven expansion will increasingly factor into the company's broader growth trajectory ahead, supporting a more durable and diversified earnings base over the long term.
VICR Faces Stiff CompetitionVicor faces stiff competition from Monolithic Power Systems (MPWR - Free Report) and Analog Devices (ADI - Free Report) . Monolithic Power Systems continues to expand its power management portfolio for AI, cloud computing and industrial applications through highly integrated semiconductor solutions. Analog Devices leverages its broad analog and power management portfolio to address data center, communications and automotive demand.
Monolithic Power Systems continues investing in innovation to strengthen its competitive position, while Analog Devices is expanding advanced power solutions for next-generation computing platforms. Although Monolithic Power Systems and Analog Devices compete across similar end markets, Vicor's expanding intellectual property licensing strategy provides an additional avenue for long-term value creation.
VICR’s Price Performance, Valuation & EstimatesVicor Corporation shares have surged 140.1% year to date, outperforming the Zacks Electronic Miscellaneous Components industry's decline of 15.1% and the broader Computer and Technology sector's appreciation of 14.7%.
VICR’s YTD Price Return Performance
Image Source: Zacks Investment Research
VICR shares are trading at a forward 12-month price/sales of 14.95X compared with the broader sector’s 6.86X.
The Zacks Consensus Estimate for VICR’s 2026 EPS is pegged at $2.94 per share, up by 23 cents over the past 30 days, indicating year-over-year growth of 12.64%.
Vicor carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Dycom v 1. fiskálním čtvrtletí zvýšil tržby segmentu Communications organicky o 24,7 % na 1,57 miliardy USD díky rozmachu fiber-to-the-home a dlouhých i středních tras. Pro fiskální rok 2027 čeká tržby 6,03–6,2 miliardy USD.
Key Takeaways Dycom's Communications revenues rose 24.7% organically year over year to $1.57 billion in fiscal Q1.Fiber-to-the-home programs and higher long-haul and middle-mile builds drove Communications growth.Dycom expects fiscal 2027 Communications revenues of $6.03B-$6.2B and 12.6-15.8% organic growth. Dycom Industries, Inc. (DY - Free Report) is benefiting from rising fiber infrastructure activity as customers expand fiber-to-the-home networks and invest in long-haul and middle-mile builds. Broader deployment programs across multiple geographies are creating additional work opportunities, while multiyear customer plans provide a favorable backdrop for the Communications segment.
In the first quarter of fiscal 2027, Communications revenues reached $1.57 billion, reflecting organic growth of 24.7% year over year. Growth was driven by ramping fiber-to-the-home programs, higher long-haul and middle-mile fiber infrastructure builds, and expanding maintenance and operations services. Adjusted EBITDA increased 28% to $192.4 million, while the segment margin reached 12.3%. Fiber-to-the-home builds also ramped ahead of expectations during the quarter, aided by expansion into additional geographies and favorable seasonal conditions.
The demand environment extends beyond near-term project activity. Customers are pursuing multiyear fiber-to-the-home and long-haul build programs, pointing to a broader investment cycle across communications networks. Dycom is also expanding its digital infrastructure capabilities, linking outside fiber networks with data center connectivity. This wider service offering could help the company participate across more parts of the infrastructure buildout.
For fiscal 2027, Dycom expects Communications revenues of $6.03 billion to $6.2 billion, implying organic growth of about 12.6% to 15.8% from the prior year. The company also expects modest adjusted EBITDA margin improvement for the segment. With fiber-to-the-home activity ramping and long-haul and middle-mile projects adding another demand source, fiber infrastructure expansion appears positioned to remain an important factor in Dycom's growth prospects.
How Dycom Compares With Key Infrastructure RivalsDycom competes closely with MasTec, Inc. (MTZ - Free Report) and EMCOR Group, Inc. (EME - Free Report) in the infrastructure construction market.
EMCOR operates across electrical and mechanical construction, building services and industrial services markets, with strong exposure to mission-critical facilities and data center construction. The company benefits from broad geographic coverage, execution capabilities and a diversified project portfolio across multiple end markets. However, EMCOR’s business remains tied to the pace of large construction projects and customer capital spending across infrastructure sectors.
Meanwhile, MasTec maintains a diversified infrastructure platform spanning communications, power delivery, clean energy, industrial construction and pipeline markets. The company's broad service offering positions it to benefit from long-term investment trends such as AI-driven data centers, grid modernization and energy infrastructure expansion. At the same time, MasTec remains exposed to variability based on project timing and execution across multiple infrastructure segments.
Dycom's specialization in communications infrastructure and fiber network deployment provides a focused advantage as broadband expansion, fiber connectivity and AI-driven data center interconnection projects continue to grow. Long-standing customer relationships and expertise in wireline network construction support its market position. However, the company's performance remains closely linked to telecommunications investment cycles and customer network spending decisions.
DY Stock’s Price Performance & Valuation TrendShares of this North America-based specialty contracting firm have gained 70.5% in the past year, outperforming the Zacks Building Products-Heavy Construction industry, the broader Construction sector and the S&P 500 Index.
Image Source: Zacks Investment Research
DY stock is currently trading at a discount compared with the industry, with a forward 12-month price-to-earnings (P/E) ratio of 23.81, as evidenced by the chart below.
Image Source: Zacks Investment Research
Earnings Estimate Revision of DYDycom’s earnings estimates for fiscal 2027 and 2028 have moved upward in the past 30 days to $16.35 and $19.95 per share, respectively. The estimates for fiscal 2027 and 2028 imply year-over-year growth of 36.6% and 22%, respectively.
Image Source: Zacks Investment Research
Dycom currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Skupina novin vedená New York Times žádá soud, aby v autorském sporu potrestal OpenAI kvůli údajnému lhaní o vyhledávání dat a používání milionů článků k tréninku AI. Tvrdí také, že OpenAI smazala nebo zpřístupnila jen nevyhledatelně miliardy relevantních konverzací ChatGPT.
OpenAI logo is seen in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/File Photo Purchase Licensing Rights, opens new tab
CompaniesJuly 9 (Reuters) - A group of newspapers including the New York Times (NYT.N), opens new tab and New York Daily News asked a federal court in Manhattan on Thursday to sanction OpenAI in their high-stakes copyright dispute for allegedly lying to the court about its ability to search its systems for proof that it misused millions of their articles in AI training.
The newspapers told the court, opens new tab in a filing that OpenAI falsely told the court it could not search its large language models for their copyrighted material while hiding that it had done so "even before the first News Plaintiff filed suit."
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The newspapers said that OpenAI had also deleted billions of relevant ChatGPT conversations or made them unsearchable. They asked the court for sanctions, including attorneys' fees, and a court finding that OpenAI's chat logs showed that the company misused their copyrighted works.
Spokespeople for OpenAI did not immediately respond to a request for comment on the motion.
The lawsuit, first filed by the Times in 2023, accused OpenAI and its largest financial backer Microsoft (MSFT.O), opens new tab of using millions of its articles without permission to train the large language model behind OpenAI's popular chatbot ChatGPT.
The case is one of many brought by copyright owners including authors, visual artists and music labels against tech companies such as OpenAI, Anthropic and Meta Platforms for allegedly misusing their material to train AI systems.
“For over two years, OpenAI lied to The Times, The Daily News Plaintiffs, the public, and the court," the New York Times' lead attorney Ian Crosby said in a statement. "It claimed searching ChatGPT outputs for copies of The Times’ and the Daily News Plaintiffs’ content was infeasible, burdensome, and invasive of users' privacy – while at the same time concealing that it had already done such searches."
OpenAI previously told the court that it did not have tools to search its datasets and output logs for copyrighted material, but an OpenAI employee later testified that the company had "performed multiple searches for News Plaintiffs’ content," according to the newspapers' Thursday filing.
Reporting by Blake Brittain in Washington; edited by David Gaffen
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Blake Brittain reports on intellectual property law, including patents, trademarks, copyrights and trade secrets, for Reuters Legal. He has previously written for Bloomberg Law and Thomson Reuters Practical Law and practiced as an attorney.
Merit Medical Systems rozšiřuje růstové možnosti díky novým produktům a akvizici View Point Medical, která má zhruba ztrojnásobit adresovatelný trh v onkologii. Krátkodobě ale firmu tíží cla, tlak na ceny v Číně a slabší OEM poptávka.
Key Takeaways MMSI is positioned for growth with its strong product portfolio, acquisitions and R&D investments.MMSI launched Resilience and acquired View Point, expanding oncology and endoscopy opportunities.MMSI faces tariff costs, China pricing pressure and OEM demand fluctuations in the near term. Merit Medical Systems, Inc. (MMSI - Free Report) is well-poised for growth in the coming quarters, courtesy of its strong product portfolio. The optimism, led by a solid product performance and its continued spending on research and development, is expected to contribute further. However, tariffs and trade policy headwinds, and China macro pressure persist.
This Zacks Rank #2 (Buy) company’s shares have declined 19.4% in the year-to-date period compared with the industry’s 1.2% drop. However, the S&P 500 has risen 9.5% during the same time frame.
The renowned medical device provider has a market capitalization of $4.30 billion. The company projects 8.9% growth for the next five years and expects to maintain its strong performance going forward. It delivered an average earnings surprise of 12.5% for the past four quarters.
Image Source: Zacks Investment Research
Let’s delve deeper.
MMSI’s Growth DriversStrong Product Portfolio and Strategic Acquisitions: Merit Medical continues to expand its presence across interventional cardiology, radiology, oncology, endoscopy and other minimally invasive procedure markets through a diversified product portfolio and disciplined acquisitions. During the first quarter of 2026, the company launched the Resilience Through-the-Scope Esophageal Stent, which management expects to support long-term growth in its endoscopy business. Merit Medical also acquired View Point Medical, adding the OneMark Detection Imaging System and Tissue Markers to complement its SCOUT platform. Management believes the acquisition expands the addressable procedure opportunity for its oncology business by roughly threefold while providing physicians with additional localization options. Earlier acquisitions, including Biolife and the C2 CryoBalloon technology, continue to strengthen the company's therapeutic portfolio and support long-term growth.
Innovation-Driven R&D: Merit Medical continues to invest in research and development to expand its product pipeline and strengthen its competitive position. The company has reorganized its R&D, marketing and commercial teams around eight product platforms, enabling faster product development and closer alignment with physician needs. Supported by approximately 2,200 patents and patent applications, Merit Medical follows a disciplined innovation strategy that prioritizes products with strong commercial potential and attractive returns, positioning the company for sustained long-term growth.
WRAPSODY Offers Long-Term Upside: Merit Medical's WRAPSODY Cell-Impermeable Endoprosthesis remains an important long-term growth opportunity within renal therapies. Clinical data continue to demonstrate superior long-term vessel patency compared with conventional angioplasty, supporting broader physician adoption. Management reaffirmed its commercial strategy and expects the product to generate approximately $7 million in revenues in the United States in 2026. While adoption remains in the early stages, continued physician education and expanding clinical evidence position WRAPSODY as a meaningful multi-year growth catalyst.
Key Challenges for MMSI StockTariffs and Macroeconomic Uncertainty: Merit Medical continues to operate in an uncertain macroeconomic environment marked by evolving trade policies and geopolitical risks. During the first quarter earnings call, management highlighted tariffs as a significant headwind and expects them to remain a drag on profitability in 2026. While the company has implemented operational initiatives to offset part of the cost pressure, the ultimate impact remains uncertain as it depends on future tariff policies, retaliatory actions and legal developments. Geopolitical disruptions, including those affecting the Middle East, have created temporary shipping delays and higher freight-related costs. Although management described these challenges as manageable, prolonged macroeconomic uncertainty could pressure margins and weigh on earnings growth.
OEM and Pricing Headwinds: Merit Medical continues to face near-term pressure in its OEM business, which has experienced demand fluctuations due to inventory destocking, product line transfers and softer international demand, particularly in the Asia-Pacific region. Management expects these issues to be temporary and continues to view the OEM business as a mid- to high-single-digit grower over the long term. However, broader pricing pressure remains a challenge. The company continues to navigate China's volume-based procurement program, which has reduced pricing in recent years and is expected to remain a headwind in 2026. As Merit Medical expands its therapeutic portfolio through acquisitions and new product launches, sustaining growth will require continued innovation and disciplined execution.
Estimate TrendMMSI is witnessing a stable estimate revision trend for 2026. In the past 30 days, the Zacks Consensus Estimate for earnings per share (EPS) has remained stable at $4.07.
The Zacks Consensus Estimate for the company’s second-quarter 2026 revenues is pegged at $404.7 million, suggesting a 5.81% rise from the year-ago reported number. The consensus mark for EPS is pegged at 96 cents, implying a 4.9% decline from the prior-year reported figure.
Other Stocks to ConsiderSome other top-ranked stocks from the broader medical space are Veracyte (VCYT - Free Report) , West Pharmaceutical (WST - Free Report) and Pacific Biosciences of California (PACB - Free Report) .
Veracyte, currently sporting a Zacks Rank #1 (Strong Buy), has an estimated earnings growth rate of 5.1% for 2026. VCYT’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 45.9%. You can see the complete list of today’s Zacks #1 Rank stocks here.
Veracyte’s shares have gained 33.3% against the industry’s 14.2% decline in the year-to-date period.
West Pharmaceutical, currently carrying a Zacks Rank #2, has an estimated long-term earnings growth rate of 13.9%. WST’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 19.4%.
West Pharmaceutical’s shares have gained 28.5% against the industry’s 1.2% decline in the year-to-date period.
Pacific Biosciences of California, currently carrying a Zacks Rank #2, has an estimated earnings growth rate of 22.6% for 2026. PACB’s earnings beat estimates in each of the trailing four quarters, the average surprise being 29.8%.
Pacific Biosciences’ shares have lost 19.8% compared with the industry’s 14.2% decline in the year-to-date period.
Key Takeaways Illumina's 2026 stock rally reflects strong execution and first-quarter results above guidance.ILMN saw 20% clinical sequencing consumables demand growth outside China for a second straight quarter.Illumina's NovaSeq X placements topped 80 units as adoption and platform transition continued. Illumina (ILMN - Free Report) has delivered an impressive performance in 2026, with its shares rising 43.7% year to date. The stock has significantly outpaced the industry’s 7.5% gain and the S&P 500 composite’s 10% rise.
Carrying a Zacks Rank #2 (Buy) at present, the renowned genomics company continues to execute on its strategy to drive durable growth and higher profitability. Growing sequencing intensity across the clinical end-markets continues to support Illumina’s growth. Balance sheet strength remains another key positive for the company.
San Diego, CA.-based Illumina Inc. provides sequencing and array-based solutions for genetic and genomic analysis. The products are used for applications in the life sciences, oncology, reproductive health, agriculture and other emerging segments. Its customers include leading genomic research centers, academic institutions, government laboratories, hospitals, as well as pharmaceutical, biotechnology, commercial molecular diagnostic and consumer genomics companies. The company’s sequencing technology, sequencing by synthesis (SBS), is widely adopted worldwide and supports both single-read and paired-end libraries.
Key Drivers Behind ILMN's Price RallySince spinning off GRAIL in June 2024, Illumina has continued to center its strategy on the core sequencing franchise while scaling into adjacent multiomics and data offerings. The company is targeting a return to durable growth and higher profitability, with goals of high-single-digit revenue growth by 2027 and annual earnings per share (EPS) growth in the double-digits to teens. The strategy appears to be gaining traction, with first-quarter 2026 revenues, margins and non-GAAP EPS all exceeding management’s guidance.
Image Source: Zacks Investment Research
Broader adoption of NGS-based testing remains a key growth driver for Illumina. Clinical end-markets generated the majority of sequencing consumables revenues in first-quarter 2026, supported by the continued adoption of sequencing-based diagnostics and the growing use of sequencing-intensive tests, including comprehensive genomic profiling and whole genome sequencing, as drivers of higher sequencing intensity. Excluding China, clinical sequencing consumables demand increased 20% for the second straight quarter.
NovaSeq X placements in the quarter exceeded 80 units, around 20 more than a year ago and above the company’s targeted quarterly range. Transition progress also continued, with approximately 82% of volumes and 55% of revenues migrated to the platform, while roughly 90% of research and applied volume now runs on NovaSeq X. Management continues to plan for average quarterly NovaSeq X placements of 50 to 60 through 2026 while investing to scale supply given the current pipeline. Meanwhile, Illumina continues to expand its oncology menu as customers scale sequencing in clinical decision-making and in new trials that require larger information sets.
ILMN’s balance sheet also remains in solid shape. The company exited the first quarter of 2026 with cash and cash equivalents of $1.09 billion compared with $1.42 billion at the end of fourth-quarter 2025. Current debt was $499 million, unchanged sequentially, while long-term debt remained $1.49 billion.
Key Risks for IlluminaThe company continues to operate in a higher-cost environment shaped by tariffs and supply-chain inflation, which can affect both demand and margins. It also faces constrained demand in Greater China amid ongoing regulatory and geopolitical uncertainty, keeping the region out of step with the rest of the business.
A Look at ILMN’s EstimatesThe Zacks Consensus Estimate projects Illumina's 2026 and 2027 earnings per share (EPS) at $5.19 and $5.86, reflecting year-over-year growth of 7.2% and 12.9%, respectively. The consensus estimate for 2026 EPS has moved 0.4% higher over the past 30 days.
Revenues are expected to increase 5.1% to $4.56 billion in 2026, followed by another 6.2% increase to $4.85 billion in 2027.
Key PicksSome other top-ranked stocks in the broader medical space are IDEXX Laboratories (IDXX - Free Report) , Align Technology (ALGN - Free Report) and Integra LifeSciences (IART - Free Report) .
IDEXX Laboratories has an earnings yield of 2.6% compared to the industry’s negative 3% yield. Its earnings surpassed estimates in each of the trailing four quarters, with the average surprise being 26.3%. IDXX shares have rallied 2.7% against the industry’s 8.2% decline over the past year.
IDXX carries a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Align Technology, carrying a Zacks Rank #2, has an estimated long-term earnings growth rate of 10.3% compared with the industry’s 5.5% growth. Shares of the company have dipped 14.5% against the industry’s 10.5% growth. ALGN’s earnings outpaced estimates in three of the trailing four quarters and missed on one occasion, the average surprise being 7.8%.
Integra LifeSciences, carrying a Zacks Rank #2, has an earnings yield of 13.7% against the industry’s negative 3% yield. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 16.7%. IART shares have rallied 31.4% against the industry’s 8.2% decline over the past year.
Key Takeaways Vistra is positioned to benefit from AI, data center, electrification and industrial power demand.Long-term PPAs with Meta and AWS provide recurring revenues and reduce merchant price volatility.Vistra's diversified fleet and integrated model support operational flexibility and stable earnings. Vistra Corp. (VST - Free Report) is well-positioned to benefit from the rapidly growing U.S. electricity demand driven by artificial intelligence, hyperscale data centers, electrification and industrial expansion. The company operates one of the nation's largest and most diversified power generation portfolios, including natural gas, nuclear, coal, solar and battery storage assets. This diversified fleet enables Vistra to reliably serve increasing power demand while maintaining operational flexibility across changing market conditions.
A key long-term growth catalyst is Vistra's power purchase agreements (PPAs) with Meta and Amazon Web Services (“AWS”). These long-duration contracts provide predictable and recurring revenue streams by locking in electricity sales over extended periods. As leading technology companies continue expanding AI infrastructure and hyperscale data centers, Vistra is positioned to benefit from sustained electricity demand backed by investment-grade counterparties. The contracts improve earnings visibility, reduce merchant power price volatility and strengthen cash flow stability, supporting long-term financial performance.
Vistra continues to strengthen its competitive position through disciplined investments in power generation, battery energy storage and strategic acquisitions. Its integrated business model, which combines electricity generation with retail operations, provides natural hedging benefits and supports stable earnings across market cycles.
Growing AI-driven electricity demand, expanding clean energy investments, long-term power purchase agreements and a diversified generation portfolio position Vistra for sustained earnings and cash flow growth. These strengths, along with its ability to enhance shareholder returns, make the company an attractive long-term investment despite short-term market volatility.
PPAs Bring Stability in Utility EarningsPPAs strengthen utilities' growth prospects by providing stable, predictable revenue streams and limiting exposure to wholesale electricity price fluctuations. These contracts enhance earnings visibility, support investments in new generation assets, improve cash flow stability and drive sustainable long-term shareholder value.
Utilities such as Constellation Energy (CEG - Free Report) and NextEra Energy (NEE - Free Report) benefit significantly from long-term PPAs, which provide predictable revenue streams and reduce exposure to wholesale power price volatility. These contracts improve earnings visibility, support investments in clean energy projects and generation capacity, strengthen cash flow stability and create sustainable long-term shareholder value.
The Zacks Rundown for VSTThe Zacks Consensus Estimate for Vistra’s earnings per share for 2026 and 2027 indicates a year-over-year increase of 80.99% and 18.06%, respectively.
Image Source: Zacks Investment Research
Return on equity (“ROE”), a profitability measure, reflects how effectively a company is utilizing shareholders’ funds in its operations to generate income.
VST’s trailing 12-month ROE is 105.64%, way ahead of its industry average of 11.21%.
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VST’s Price PerformanceShares of Vistra have gained 1.4% in the past three months against the Zacks Utility- Electric Power industry’s decline of 2.9%.
Image Source: Zacks Investment Research
VST’s Zacks RankVistra currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
Independent Bank Corp. má podle odhadů za čtvrtletí vykázat zisk 1,77 USD na akcii, což je meziročně o 41,6 % více. Tržby mají vzrůst na 257,73 milionu USD.
The market expects Independent Bank Corp. (INDB - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 16. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis holding company for Rockland Trust is expected to post quarterly earnings of $1.77 per share in its upcoming report, which represents a year-over-year change of +41.6%.
Revenues are expected to be $257.73 million, up 41.8% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.88% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Independent Bank Corp.?For Independent Bank Corp., the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.94%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Independent Bank Corp. will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Independent Bank Corp. would post earnings of $1.7 per share when it actually produced earnings of $1.68, delivering a surprise of -1.18%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Independent Bank Corp. appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Rollins v 1. čtvrtletí roku 2026 zvýšil tržby o 10,2 % díky růstu rezidenčních, komerčních a termitních služeb. Zároveň ale provozní marže klesla na 16,9 %.
Key Takeaways Rollins' Q1 2026 revenues grew 10.2%, led by residential, commercial and termite services.ROL uses VRM and Orkin 2.0 plus acquisitions to expand reach, efficiency and customer wins.Rollins has increased dividends yearly, while higher costs pressured the Q1 2026 operating margin. Rollins, Inc. (ROL - Free Report) strengthens its position in the evolving pest control industry through the strategic use of technology and disciplined buyouts. Sustained segment-level performance provides a strong foundation for future objectives. Strong shareholder policies remain favorable for the company.
The company’s second-quarter 2026 earnings are expected to increase 13.3% year over year. Its 2026 and 2027 earnings are projected to rise 10.7% and 12.1%, respectively. Revenues are expected to grow 10.1% in 2026 and 9.3% in 2027.
Factors That Bode Well for ROLRollins’ top line is benefiting from robust segmental performance and a strong demand environment. The company’s revenues increased 10.2% year over year during the first quarter of 2026, driven by 6.6% organic growth. Growth was observed across its key segments, with Residential revenues and Commercial pest control revenues growing 9.3% and 9.6% year over year, respectively, while Termite and ancillary services revenues posted 13.5% growth during the same period.
The company’s use of technology platforms, such as VRM and Orkin 2.0, optimizes routing and scheduling, reduces technician mileage and improves service speed. This technology-driven approach boosts operational efficiency, improves customer experience and drives cost savings, supporting sustainable growth. ROL has expanded resources dedicated to Orkin's commercial division, resulting in new customer wins across multiple industry verticals.
ROL’s disciplined acquisitions approach has significantly accelerated the business development and expanded both its global brand presence and geographic reach. The company consistently demonstrates strong target identification and integration capabilities, completing 26 acquisitions in 2025, 44 in 2024 and 24 in 2023. ROL recently completed the acquisition of Romex Pest Control, a leading pest management company in North America, to penetrate lucrative new territories and expand service offerings for existing customers.
The company has demonstrated a strong commitment to its shareholders through consistent dividend payments. It paid dividends of $264.3 million, $298 million and $327.9 million in 2023, 2024 and 2025, respectively. This consistency underscores its dedication to creating long-term value for investors.
Risks to WatchRollins’ operating expenses have risen consistently over the past four years, increasing from $2.20 billion in 2022 to $2.49 billion in 2023 and further to $2.73 billion in 2024. This growth persisted through 2025 as expenses climbed to $3.03 billion, raising cost concerns that may compromise future profit margins.
The company's investments in customer acquisition, marketing and salesforce growth have surged in recent years to drive sales volumes and extend its competitive edge. However, the costs associated with these investments have begun to affect the bottom line, as evidenced by a dip in the adjusted operating income margin to 16.9% during the first quarter of 2026, reflecting a 100-basis-point year-over-year decline.
Rollins currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
Stocks to ConsiderA couple of better-ranked stocks in the broader Zacks Business Services sector are Veralto Corporation (VLTO - Free Report) and Corpay, Inc. (CPAY - Free Report) .
Veralto Corporation carries a Zacks Rank #2 (Buy) at present. It has a long-term earnings growth expectation of 8.4%. VLTO delivered a trailing four-quarter earnings surprise of 4.9%, on average.
Corpay also holds a Zacks Rank of 2 at present. It has a long-term earnings growth expectation of 14.3%. CPAY's earnings beat estimates in three of the last four reported quarters, while matching once, with the surprise being 2%, on average.
Akcie Vertiv 30. června vyskočily o 9,1 % poté, co Jižní Korea oznámila rozsáhlý program investic do polovodičů a AI infrastruktury. Firma sama žádné nové zprávy nevydala.
Artificial intelligence stocks often move on earnings reports, product launches, or analyst upgrades. Vertiv Holdings (NYSE: VRT | VRT Price Prediction) did none of those things on June 30, yet its shares climbed 9.1%, adding nearly $11 billion in market value in a single trading session. The catalyst originated more than 6,000 miles away in Seoul, where the South Korean government unveiled one of the world’s most ambitious semiconductor and AI infrastructure investment programs. That reaction illustrates how investors increasingly view AI infrastructure companies as global beneficiaries of AI investment, regardless of where those investments originate.
That’s an unusual way for an industrial company to gain nearly $11 billion in market value, but it says a great deal about how Wall Street now views AI infrastructure. Investors are increasingly reacting not just to company-specific news, but to any development that suggests the global AI buildout will continue accelerating.
That disconnect between where the news occurred and where investors directed their money explains much about how Wall Street is beginning to value the next phase of the AI infrastructure cycle. Increasingly, investors are reacting not simply to company-specific developments but to any indication that global AI spending will continue expanding. Vertiv has become one of the clearest beneficiaries of that trend because its products sit at the heart of virtually every modern AI data center.
The question investors now face is whether Vertiv has become the best way to invest in the global AI infrastructure buildout, or whether its shares have become a high-beta proxy for AI enthusiasm that could swing sharply whenever sentiment changes. That distinction may determine whether June 30 marks the start of another leg higher, or just another volatile day in one of the market’s fastest-growing infrastructure names.
The $576 Billion Catalyst: South Korea’s AI Ambition The news that ignited the rally came from South Korea, where President Lee Jae Myung announced a sweeping national initiative to strengthen the country’s leadership in semiconductors and artificial intelligence.
According to Table 1, South Korea’s announcement represents one of the largest government-supported AI infrastructure initiatives announced anywhere in the world. Although much of the investment will be directed toward semiconductor manufacturing, every new AI data center also requires extensive electrical distribution, power management, thermal management, and cooling infrastructure before computing hardware can be deployed. That is why investors immediately connected the announcement to companies such as Vertiv.
Vertiv was never mentioned during the announcement. It did not need to be. Every large AI data center requires electrical distribution equipment, power conversion systems, backup power, liquid cooling, thermal management, and monitoring software before a single AI accelerator is ever installed — regardless of whether the chips inside come from Nvidia, AMD, custom ASIC programs, or future architectures.
Markets make these connections long before company press releases do. Investors recognized immediately that a program of this magnitude would require far more than semiconductors—it would require the electrical and thermal infrastructure that allows AI data centers to operate.
Why Vertiv Wins Regardless of Which Chip Wins That reality increasingly explains why investors have begun viewing Vertiv as a direct beneficiary of global AI investment rather than merely another industrial equipment company. When governments or hyperscale cloud providers announce multi-billion-dollar AI infrastructure programs, investors immediately ask which companies will supply the essential systems that make those facilities operable — and Vertiv consistently appears near the top of that list.
The June 30 rally illustrates just how tightly Vertiv’s stock is now tied to AI infrastructure sentiment. The company issued no press release, offered no updated guidance, and announced no new customer wins. Investors simply interpreted Seoul’s announcement as fresh confirmation that global AI infrastructure spending remains in its early stages — a read that lines up with hyperscaler capex programs in the U.S., sovereign AI strategies across Europe, the Middle East, and Asia, and gradually rising enterprise adoption of generative AI workloads.
Unlike semiconductor manufacturers, whose growth depends partly on which AI accelerator wins market share, Vertiv benefits regardless of which computing platform customers choose. That broad exposure lets the company participate across the entire AI ecosystem rather than betting on a single chip architecture.
The Real Bottleneck: Power, Not Processors Management has been expanding Vertiv’s technological reach to address one of the industry’s fastest-growing challenges: delivering enough electrical power to increasingly dense AI computing environments. At Vertiv’s May 2026 Investor Conference, Chief Product and Technology Officer Scott Armul laid out just how quickly rack power requirements are escalating. According to Table 2, AI computing density is increasing at an extraordinary pace. Rack power requirements that only recently averaged approximately 140 kilowatts are already approaching 300 kilowatts, with 600-kilowatt systems under development and one-megawatt racks appearing on long-term technology roadmaps. This dramatic increase explains why electrical infrastructure and thermal management are becoming the primary constraints on future AI data center expansion.
That trajectory is reshaping data center design. Historically, attention centered on processors and networking gear. Today, electrical distribution, battery storage, cooling architecture, and grid integration increasingly determine whether an AI facility can be built and run efficiently at all — the bottleneck is shifting from compute hardware to the infrastructure needed to deliver that much reliable power.
Vertiv has responded with integrated products that combine medium-voltage switchgear, battery energy storage, and uninterruptible power systems into unified platforms built for multi-megawatt AI installations — designed not just as backup equipment, but to help AI campuses act as active participants within increasingly constrained electrical grids. Industry commentary increasingly backs this integration thesis: as rack densities rise, power management, liquid cooling, and thermal control stop being separate engineering disciplines and start being one interconnected system, favoring suppliers who can deliver the whole stack rather than individual components.
Vertiv’s Own Numbers: Growth With Visibility According to Table 3, Vertiv participates across nearly every major infrastructure layer required to operate a modern AI data center. Unlike semiconductor manufacturers, whose revenues depend partly on which AI accelerator customers adopt, Vertiv benefits regardless of the processor architecture because every AI installation requires reliable power delivery, thermal management, backup power, and increasingly sophisticated liquid-cooling systems.
Demand is supported by a substantial order backlog that gives Vertiv unusually strong revenue visibility for an industrial company. While many manufacturers rely on short-term orders that swing with economic conditions, Vertiv enters each quarter with a significant share of future revenue already committed by customers.
The confidence reflected in that backlog is also evident in Vertiv’s manufacturing expansion strategy. Earlier this year, the company opened a new manufacturing facility in Johor, Malaysia, its first in Southeast Asia. The facility will produce power systems, liquid-cooling equipment, and integrated infrastructure for customers across Southeast Asia, North Asia, Australia, and New Zealand. By adding manufacturing capacity well before AI infrastructure demand is expected to peak, management is signaling confidence that hyperscaler and sovereign AI investments will continue driving orders for years rather than quarters.
That confidence also shows up in capital allocation: earlier this year, Vertiv announced a new manufacturing facility in Johor, Malaysia, built to serve fast-growing demand across Southeast Asia, North Asia, Australia, and New Zealand. Expanding production capacity years ahead of anticipated demand peaks suggests management expects AI infrastructure investment to stay strong well beyond the current product cycle.
The Valuation Question: Bull Case vs. Bear Case According to Table 4, the investment debate surrounding Vertiv is straightforward. Supporters believe the company’s exceptional growth rate, expanding margins, and broad exposure to AI infrastructure justify a premium valuation. Skeptics counter that much of that future success has already been reflected in the share price, leaving little room for execution missteps should AI capital spending moderate.
The valuation debate is straightforward. Investors aren’t questioning whether Vertiv is benefiting from AI infrastructure spending—they’re debating how much of that future growth is already reflected in today’s share price.
What to Watch: Q2 Earnings The South Korean announcement demonstrated that AI infrastructure investment is no longer driven exclusively by U.S. hyperscale cloud providers. Governments increasingly treat artificial intelligence as strategic national infrastructure, requiring domestic investment in computing capacity, semiconductor manufacturing, and the electrical systems underneath it all. Every new sovereign AI initiative expands the addressable market for companies supplying that infrastructure — arguably more consequential for Vertiv’s long-term story than any single quarter.
The next real test arrives when Vertiv reports second-quarter results later this month. Investors will be watching revenue growth, order trends, operating margins, backlog conversion, and management’s outlook for the rest of 2026 — the figures that will determine whether the business keeps validating the optimism already priced into the stock.
Bottom Line June 30 answered one question while leaving another open. It confirmed that Wall Street increasingly views Vertiv as one of the purest publicly traded beneficiaries of the global AI infrastructure buildout. What’s still uncertain is whether the growth investors are now pricing in can continue long enough to justify the expectations already baked into the share price. In today’s market, sentiment can move a stock 9% in a matter of hours — sustained earnings growth is what determines whether those gains hold.
One additional factor investors should keep in mind is that AI infrastructure spending is becoming increasingly global rather than concentrated in a handful of U.S. technology companies. South Korea’s announcement illustrates how governments now view artificial intelligence as a strategic national asset requiring long-term investment in computing capacity, electrical infrastructure, and advanced semiconductor manufacturing. If similar initiatives continue to emerge in Europe, the Middle East, and other parts of Asia, companies such as Vertiv could benefit from multiple independent sources of demand rather than relying solely on the capital spending plans of a few hyperscale cloud providers. That broader geographic diversification could become an important driver of long-term growth, even as investors continue debating the company’s premium valuation.
Contact [email protected] for any questions or corrections.
Quanta očekává, že tržby z technologických koncových trhů vzrostou mezi roky 2025 a 2030 o více než 110 % díky poptávce po AI infrastruktuře. Na konci 1. čtvrtletí 2026 činil backlog 48,5 mld. USD.
Key Takeaways Quanta expects tech-related revenues to more than double from 2025 to 2030 on AI infrastructure demand.Quanta plans $500M-$700M to double transformer capacity and expand off-site facilities to 6.7M sq ft.Quanta's backlog reached $48.5B in Q1 2026, with Electric Infrastructure Solutions above $40B. Quanta Services, Inc. (PWR - Free Report) is positioning itself to capitalize on one of the fastest-growing infrastructure opportunities: the rapid expansion of AI-driven data centers and advanced manufacturing facilities. While the company has historically been known for its utility and energy infrastructure business, management now expects technology-related revenues to more than double over the next several years, highlighting data center infrastructure as an increasingly important long-term growth driver.
Quanta projected that revenues from technology-related end markets would grow by more than 110% between 2025 and 2030. The company believes accelerating investments in hyperscale data centers, AI infrastructure, semiconductor manufacturing and other large-load facilities will create a significant new avenue for growth alongside its traditional utility business.
To support this massive influx of demand, particularly from data center customers, Quanta has launched aggressive vertical supply chain initiatives. This includes an investment of $500 million to $700 million to double its power transformer manufacturing capacity and plans to nearly double its off-site manufacturing, fabrication and logistics facilities to approximately 6.7 million square feet.
PWR's technology ambitions are supported by a record project backlog. At the end of the first quarter of 2026, total backlog reached $48.5 billion, while remaining performance obligations increased to $26.2 billion, providing significant revenue visibility across future periods. The Electric Infrastructure Solutions segment accounted for more than $40 billion of backlog, underscoring continued customer demand across transmission, grid modernization and large-load infrastructure projects.
Quanta's record backlog, higher 2026 guidance and expectation for more than 110% growth in technology-related revenues through 2030 indicate that management views this market as becoming an increasingly important contributor to future growth. Although project timing remains subject to permitting, supply chain, regulatory and macroeconomic risks, the combination of expanding AI infrastructure investment and ongoing grid modernization provides a favorable backdrop for sustained long-term expansion.
Peers Also Capitalizing on AI Infrastructure DemandQuanta is not alone in benefiting from the rapid buildout of AI infrastructure and data centers. Industry peers such as MasTec, Inc. (MTZ - Free Report) and Comfort Systems USA, Inc. (FIX - Free Report) are also expanding their capabilities to capture growing investment across mission-critical infrastructure, power delivery and data center construction.
MasTec continues to see AI and data centers as a major long-term growth driver across multiple business segments. Management highlighted accelerating demand for data center interconnectivity, power infrastructure and turnkey data center construction while noting that its recent turnkey data center project is progressing well. The company believes its integrated capabilities across civil construction, power, telecommunications and maintenance position it to significantly expand this business as customers increasingly seek full-service infrastructure partners.
Comfort Systems is also benefiting from sustained investment in advanced technology projects. During the first quarter of 2026, advanced technology, led primarily by data center work, accounted for 56% of revenues and remained the company's largest source of backlog growth. To support rising demand, Comfort Systems continues to expand its modular manufacturing capacity, targeting 4 million square feet by the end of 2026 while investing in automation and electrical capabilities to serve large-scale technology customers.
PWR’s Price Performance, Valuation & EstimatesPWR stock has rallied 57.8% in the year-to-date (YTD) period, outperforming the Zacks Engineering - R and D Services industry, the broader Construction sector and the S&P 500 index.
PWR YTD Share Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, PWR trades at a forward 12-month price-to-earnings ratio of 47.37X, well above the industry’s 29.16X, as shown below.
PWR Valuation
Image Source: Zacks Investment Research
Quanta’s earnings estimates for 2026 and 2027 have decreased in the past 60 days. However, the revised estimates for 2026 and 2027 imply year-over-year growth of 30.5% and 17.3%, respectively.
Image Source: Zacks Investment Research
PWR’s Zacks RankQuanta currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Společnost Vishay Intertechnology uvedla automobilový optočlen VOMHA43A v novém pouzdře SOP-5 o šířce 3,6 mm. Nabízí CMTI 40 kV/µs a izolační napětí až 707 Vpeak.
AEC-Q102 Qualified Device Offers Industry-Best Minimum CMTI of 40 kV/µS and Maximum Repetitive Peak Isolation Voltage of 707 Vpeak
MALVERN, Pa., July 09, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced an automotive 1 MBd high speed optocoupler in a new SOP-5 package with a narrow width of 3.6 mm. Combining a comparative tracking index (CTI) of 400 with industry-leading minimum guaranteed common mode transient immunity (CMTI) of 40 kV/µS, the Vishay Semiconductors VOMHA43A is designed to deliver improved signal transmission quality and save space in applications requiring isolation voltages (VIORM) up to 707 Vpeak.
The AEC-Q102 qualified device released today is optimized for isolated data communication, fast signal switching, ground signal isolation, and logic voltage level shifting in automotive, industrial, home and building control, and telecom applications. In electric (EV), hybrid electric (HEV), and low speed electric (LSEV) vehicles, the optocoupler provides communication bus isolation for CAN, LIN, I²C, and SPI interfaces, as well as isolated drive circuit applications such as intelligent power module (IPM) drivers.
While previous SOP-5 packages offered a width of 4.4 mm, the narrower SOP-5 of the VOMHA43A requires less PCB space, while supporting stackable designs. The device’s minimum CMTI — which is more than double that of the closest competing device — provides enhanced robustness against electrical spikes and RF and EMI issues. And while competing devices offer maximum repetitive peak isolation voltages of 567 Vpeak, the optocoupler’s isolation voltage performance of 707 Vpeak meets the requirements of 400 V battery systems.
The VOMHA43A consists of a GaAlAs infrared emitting diode, optically coupled with an integrated photodetector and a high speed transistor. The photodetector is junction-isolated from the transistor to reduce miller capacitance effects. The optocoupler features an open collector output function that allows designers to adjust load conditions when interfacing with different logic systems, while a Faraday shield on the detector chip allows the device to reject and minimize high input to output common mode transient voltages.
The RoHS-compliant and halogen-free optocoupler operates over a temperature range of -40 °C to +125 °C and is pin to pin compatible with leading competing parts to provide a direct replacement and eliminate the need for electrical and mechanical redesigns.
Samples and production quantities of the VOMHA43A are available now, with lead times of six weeks.
Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.
The DNA of tech® is a registered trademark of Vishay Intertechnology, Inc.
Vishay on Facebook: http://www.facebook.com/VishayIntertechnology
Vishay Twitter feed: http://twitter.com/vishayindust
Links to product datasheets:
http://www.vishay.com/ppg?80341 (VOMHA43A)
Link to product photo:
https://www.flickr.com/photos/vishay/albums/72177720334474258
For more information please contact:
Vishay Intertechnology
Peter Henrici, +1 408 567-8400 [email protected]
or
Redpines
Bob Decker, +1 415 409-0233 [email protected]
Vishay Intertechnology v 1. čtvrtletí zvýšila tržby o 17,3 % na 839,2 mil. USD a hrubá marže se zlepšila na 21 %. Ve 2. čtvrtletí čeká hrubou marži kolem 22 %.
Key Takeaways Vishay 3.0 aims to boost profitability through capacity expansion and higher exposure to fast-growing markets.VSH's Q1'26 revenues rose 17.3% to $839.2M, while gross margin improved to 21%, driven by stronger volumes.Vishay sees Q2 gross margin near 22%, helped by price increases and higher capacity utilization. Vishay Intertechnology, Inc.'s (VSH - Free Report) Vishay 3.0 strategy is designed to improve profitability by expanding manufacturing capacity, strengthening customer relationships and increasing exposure to faster-growing markets. While the company is still investing heavily, early results suggest that the strategy is beginning to support sustainable margin expansion.
Financial results for the first quarter of 2026 reflected encouraging progress. Revenues increased 17.3% year over year to $839.2 million, beating management's guidance. Gross margin improved to 21%, up from 19.6% in the previous quarter and 19% in the year-ago quarter. Operating margin also expanded to 2.6% from 1.8% in the fourth quarter of 2025, supported by stronger shipment volumes and improved factory utilization.
Demand has strengthened across industrial, automotive, aerospace and AI-related applications. Vishay Intertechnology reported a healthy book-to-bill ratio of 1.34, including an impressive 1.47 for semiconductors. Backlog increased 21% to $1.6 billion, providing strong revenue visibility and supporting higher capacity utilization in the coming quarters.
Vishay Intertechnology expects additional margin improvement in the second quarter. Revenues are projected between $875 million and $905 million, while gross margin is expected to reach roughly 22% despite higher metals and material costs. Recently implemented price increases should also contribute more meaningfully during the second and third quarters.
Although elevated capital spending on its new German 12-inch fab and other expansion projects may pressure free cash flow in the near term, these investments position Vishay Intertechnology to benefit from future demand growth. As capacity utilization rises and pricing actions take hold, Vishay 3.0 appears well-positioned to deliver sustainable margin expansion over the long run.
How Vishay Intertechnology Compares With Key Industry RivalsVishay Intertechnology's closest competitors, ON Semiconductor (ON - Free Report) and Diodes Incorporated (DIOD - Free Report) , are also working to improve margins through a richer product mix and manufacturing efficiency.
ON Semiconductor continues shifting its portfolio toward higher-margin silicon carbide (SiC), intelligent power and automotive solutions. In the first quarter of 2026, the company’s non-GAAP gross margin expanded by 30 basis points sequentially to 38.5%. This was primarily driven by increased manufacturing facility utilization (reaching 77% in the first quarter), enhanced operational efficiencies under its "Fab Right" strategy, and a richer product mix favoring higher-margin intelligent power products for AI data centers and automotive applications.
Diodes is also expanding its presence in automotive, industrial and AI power management applications. The company posted first-quarter 2026 revenues of $405.5 million, up 22.1% year over year, while its gross margin improved 30 basis points to 31.8%. Sequentially, Diodes’ gross margin expanded by 70 basis points, primarily driven by increased revenue contribution from higher-margin automotive and industrial segments and improved manufacturing facility utilization rates.
VSH’s Price Performance, Valuation and EstimatesShares of Vishay Intertechnology have skyrocketed 191.1% so far this year compared with the Zacks Computer and Technology sector’s 14.7% gain.
From a valuation standpoint, VSH trades at a forward 12-month price-to-sales ratio of 1.52, significantly below the sector average of 6.86. Vishay carries a Value Score of C.
Vishay Intertechnology Forward 12-Month P/S Ratio
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Vishay Intertechnology’s 2026 earnings is pegged at 75 cents per share, implying a robust improvement from the loss of 5 cents in 2025. The consensus mark of $1.54 per share for 2027 earnings calls for a 105% year-over-year surge. Estimates for 2026 and 2027 have been revised upward over the past 60 days.
Image Source: Zacks Investment Research
Vishay Intertechnology currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Akcie společnosti Vishay Intertechnology za měsíc klesly o 22,8 % kvůli obavám z výdajů na AI, realizaci zisků a ředění akcií. Tržby v 1. čtvrtletí 2026 vzrostly o 17,3 % na 839,2 mil. USD a backlog stoupl o 21 % na 1,6 mld. USD.
Key Takeaways VSH has fallen 22.8% in a month amid AI spending worries, profit-taking and dilution concerns.Vishay 3.0 is lifting results, with Q1 revenues up 17.3% and backlog rising 21% to $1.6B.VSH sees growth from AI, industrial, auto, aerospace, defense and healthcare end markets. Vishay Intertechnology, Inc. (VSH - Free Report) stock has come under intense selling pressure, declining 22.8% over the past month and significantly underperforming the broader Zacks Computer and Technology sector, which has gained 1.5% during the same period.
The weakness has not been limited to Vishay Intertechnology. Several leading semiconductor stocks, including Qualcomm Incorporated (QCOM - Free Report) , FormFactor Inc. (FORM - Free Report) and Marvell Technology, Inc. (MRVL - Free Report) , have also lost ground. Over the past month, shares of Qualcomm, FormFactor and Marvell Technology have fallen 3%, 3.6% and 8.4%, respectively.
VSH stock’s recent sell-off has been driven by three major reasons.
Firstly, investors have turned cautious on semiconductor stocks amid concerns that the massive artificial intelligence (AI) spending by hyperscalers may not generate returns quickly enough to justify current investment levels.
Secondly, many chip stocks surged sharply during early 2026, pushing valuations to elevated levels and encouraging institutional investors to lock in profits. Despite the recent sell-off, Vishay Intertechnology currently trades at a forward 12-month price-to-earnings (P/E) multiple of 36.35, a significant premium to the sector’s average of 24.56.
Vishay Intertechnology Forward 12-Month Price-To-Earnings Ratio
Image Source: Zacks Investment Research
Compared with other semiconductor peers, Vishay Intertechnology trades at a premium to QUALCOMM, while at a lower multiple than FormFactor and Marvell Technology. At present, Qualcomm, FormFactor and Marvell Technology trade at P/E multiples of 16.77, 42.23 and 46.42, respectively.
Thirdly, Vishay Intertechnology faced company-specific pressure after announcing on July 7, 2026 that its 2.25% convertible senior notes due 2030 had become convertible, raising concerns about potential future share dilution. Following the news, shares of the company fell 9.4% in a single day.
While these issues have weighed heavily on sentiment, they appear to overshadow a business that is showing improving fundamentals. With demand strengthening across several end markets and management executing its long-term strategy successfully, the recent decline could offer investors an attractive buying opportunity.
Vishay Intertechnology 3.0 Strategy Is Delivering ResultsThe company's multi-year Vishay 3.0 transformation is now translating into stronger operating performance. The strategy focuses on expanding manufacturing capacity, broadening the product portfolio, improving customer engagement and increasing technical support, enabling Vishay Intertechnology to capture more business across growing markets.
The benefits became visible in the first quarter of 2026. Revenues increased 17.3% year over year to $839.2 million, exceeding management's guidance. Growth was broad-based across every end market, every sales channel and all three major geographic regions. Volume increased 5.8%, supported by stronger customer demand, inventory replenishment and continued market-share gains.
Vishay Intertechnology also reported a healthy book-to-bill ratio of 1.34, including 1.47 for semiconductors, while the backlog expanded 21% to $1.6 billion, representing 5.7 months of sales visibility. These numbers indicate that demand continues to outpace shipments, providing a favorable setup for future revenue growth.
VSH’s Multiple Market Exposure Offers Several Growth DriversUnlike many semiconductor companies that rely heavily on a single end market, Vishay Intertechnology benefits from exposure to several fast-growing industries.
AI-related demand remains one of the strongest growth engines. The company continues receiving orders for high-voltage MOSFETs, polymer capacitors, current-sense resistors and magnetics used in AI servers, networking equipment and power management systems. Management expects AI-related revenues in 2026 to be well above last year's level, helped by expanding customer relationships and additional design wins.
Industrial demand is also improving rapidly. Customers are increasing spending on renewable energy, smart grids, factory automation, power transmission and AI infrastructure. Industrial revenues have now posted five consecutive quarters of sequential growth, supported by improving customer inventories and stronger capital spending. In the first quarter of 2026, revenues from the industrial segment increased 7% sequentially and 22% year over year.
Automotive remains another attractive opportunity. Rising electronic content in hybrid and electric vehicles continues to increase semiconductor demand. Vishay has become the leading resistor supplier for several next-generation EV platforms while also expanding design wins in battery management, ADAS, electronic power steering and powertrain systems. First-quarter revenues from the automotive segment increased 3% sequentially and 11% year over year.
The aerospace and defense segment is emerging as another meaningful growth driver as higher government defense spending supports increasing orders for resistors, capacitors and custom magnetics. In the first quarter, revenues from the aerospace and defense segment increased 14% sequentially and 17% year over year. Healthcare demand also remains healthy, supported by wearable devices, patient monitoring and implantable medical technologies. First-quarter revenues from the healthcare segment increased 5% sequentially and 11% year over year.
Capacity Investments Position VSH for the Next UpcycleVishay Intertechnology has spent heavily over the past several years to prepare for stronger industry demand. Capacity expansion projects include its new 12-inch semiconductor fabrication facility in Germany, additional production at Newport, RI, silicon carbide investments and expanded subcontractor partnerships.
Although these investments have temporarily pressured free cash flow, they position Vishay Intertechnology to respond faster than competitors as industry demand strengthens. Management expects the German fab to begin non-automotive production during mid-2027, while new silicon carbide products continue entering production to address fast-growing power semiconductor markets.
Importantly, management believes the current industry recovery is arriving just as these investments become operational, creating an opportunity for both higher revenues and expanding margins over the coming years.
Vishay Intertechnology’s Profitability to Continue ImprovingWhile VSH continues investing aggressively in capacity expansion, profitability is already improving. First-quarter 2026 gross margin expanded to 21% from 19% a year ago as higher shipment volumes offset ongoing material cost inflation. EBITDA margin improved to 9.3% from 7.6% in the year-ago quarter, while GAAP earnings returned to profitability at 5 cents per share from the year-ago quarter’s loss of 3 cents.
Management expects further improvement during the second quarter, guiding for revenues between $875 million and $905 million and gross margin around 22%. Pricing actions implemented earlier this year should gradually offset higher metal costs, while increasing factory utilization is expected to provide additional operating leverage.
The Zacks Consensus Estimate for 2026 and 2027 revenues indicates year-over-year growth of 16.7% and 10.4%, respectively. The consensus mark for 2026 earnings per share is currently pegged at 75 cents, calling for a robust improvement from a loss of 5 cents in 2025. Earnings estimates of $1.54 per share for 2027 indicate a 104.9% year-over-year increase.
Buy-the-Dip Strategy Looks Good for VSH StockThe recent sell-off appears to reflect short-term market fears rather than weakening business fundamentals. Concerns surrounding AI spending, profit-taking across semiconductor stocks and temporary dilution worries have overshadowed a business that is showing stronger demand, rising backlog, expanding margins and improving market share.
While near-term volatility may continue, Vishay Intertechnology appears well-positioned to benefit from the next semiconductor upcycle due to its expanded manufacturing capacity, diversified end-market exposure and improving execution under the Vishay 3.0 strategy.
Although the stock still trades at a premium valuation, that premium appears justified, given its consistent earnings growth and long-term prospects. For investors willing to look beyond current market sentiment, the recent pullback appears to present an attractive opportunity to buy a fundamentally strengthening semiconductor company.
Vishay Intertechnology sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Paylocity oznámila akvizici Aidora, softwaru nativního pro AI pro správu a compliance při čerpání volna, který je postaven na modelu přirozené jazykové interakce a má zrychlit HR procesy a snížit manuální práci. Firma neočekává materiální dopad na výsledky za první čtvrtletí ani fiskální rok 2027.
SCHAUMBURG, Ill., July 09, 2026 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leading provider of HCM, Finance, and IT solutions, today announced the acquisition of Aidora, an AI-native leave management compliance software company built on a natural language interaction model that automates highly regulated leave processes.
Leave policies across federal, state, local, and company levels are getting more complex—driving increased administrative work, higher compliance risk, and rising expectations for timely, personalized support during key life events. Manual HR processes and disconnected systems only add to the problem, creating inefficiencies and inconsistent employee experiences.
Aidora expands Paylocity's leave management capabilities with an AI-native solution that saves HR teams time and provides employees a faster, clearer way to manage leave. For HR teams, AI handles the details—from eligibility to compliance, documentation, and payroll—all in one place. For employees, AI acts as a guide: answering questions, explaining options, and helping them navigate leave step by step. They can engage with it through a natural language interaction model, by voice or text.
“Leave management is one of the most complex and time-consuming processes HR teams deal with today,” said Toby Williams, President and CEO of Paylocity. “Aidora helps take that work off their plate by automating what has traditionally been manual, and giving HR teams more confidence in how they manage leave, while also providing a better employee experience.”
The acquisition reinforces Paylocity’s focus on embedding AI across its platform to create efficiency for HR teams and remove manual work that slows organizations down. It also extends Paylocity's value across its customer base—with particular impact for mid-market and enterprise employers navigating the most complex leave requirements.
Paylocity does not expect the acquisition of Aidora to have a material impact on first quarter or fiscal 2027 financial results. Paylocity will provide financial guidance in the normal course of business in its next earnings release.
About Paylocity
Headquartered in Schaumburg, IL, Paylocity (NASDAQ: PCTY) is an award-winning provider of HCM, Finance, and IT software solutions. Paylocity offers one unified, easy‑to‑use platform that helps businesses across HR, Finance, and IT streamline operations, manage spend and talent, and build culture and connection—with AI embedded directly into everyday workflows to save time, reduce manual effort, and support better decisions. Known for its unique culture and consistently recognized as one of the best places to work, Paylocity accompanies its clients on the journey to create great workplaces and help all employees achieve their best. For more information, visit www.paylocity.com.
Life Time otevřela nový Athletic Country Club v Brea Mall, svou 10. pobočku v Kalifornii a 4. v Orange County. Areál má téměř 123 000 čtverečních stop.
Highly anticipated North Orange County opening expands company's presence in strategic retail and mixed-use developments, including its seventh within the Simon® portfolio
Key Highlights:
Grand opening: Life Time Brea opens July 9, 2026, at Brea Mall, located at 1600 Brea Mall Road, Brea, CA 92821. Milestones: The club is Life Time's 10th location in California and 4th in Orange County. Mall Connection: This is the seventh Life Time located at a Simon center. Scale: The destination spans nearly 123,000 square feet, combining an 85,000-square-foot building with 38,000 square feet of outdoor amenities set on three acres. Resort-style Beach Club: A leisure pool with waterslides, a six-lane lap pool, cabanas, lounge chairs and an outdoor dining area and bar. Something for everyone – 90 days to 90 years: Five pickleball courts, rejuvenation suites including cold plunge, whirlpool, steam and sauna, a full-service LifeSpa, signature training including Alpha, GTX and the new CTR reformer class, LifeCafe and a Kids Academy. , /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, has opened its highly anticipated Life Time Brea Athletic Country Club, in North Orange County, marking the 10th destination in California. Located at Brea Mall®, the new club expands Life Time's Orange County presence while reinforcing the company's role as a leading anchor within leading retail and lifestyle environments.
Life Time Brea opened its tenth California location and Fourth in Orange County at Brea Mall on July 9. The highly anticipated North Orange County opening expands company’s presence in strategic retail and mixed-use developments, including its seventh within the Simon® portfolio. Spanning nearly 123,000 square feet, including the 85,000-square foot club building and an additional 38,000-square-feet of outdoor spaces set on three acres, Life Time Brea is designed as a comprehensive healthy way of life destination featuring a resort-style beach club, exceptional programs and services, dynamic personal training, pickleball, recovery, luxury wellness amenities, dedicated spaces for work and social connection, and programming for every age from 90 days to 90 years.
"As our latest athletic country club development, Life Time Brea reflects the continued demand for Life Time's unique blend of wellness, social experiences and luxury amenities at premier retail destinations alongside exceptional partners like Simon," said Parham Javaheri, Executive Vice President, Chief Property Development Officer and President of Club Operations at Life Time. "Through the daily engagement we drive and the vibrant, health-conscious communities we cultivate, Life Time has become a powerful complement to today's most sought-after experience-driven destinations. We're excited to bring that same energy to Brea while helping people of all ages live healthy, happy lives."
Life Time's continued expansion within premier retail destinations reflects a broader shift toward experience-driven environments that encourage repeat visitation, foster community and support how people live, work and connect today.
Key highlights include:
Expansive workout floor and hybrid training spaces with hundreds of pieces of best-in-class strength and cardio equipment, free weights, functional training zones and access to highly certified personal trainers and assessments Dedicated boutique studios and group fitness spaces offering small- and large-group classes across barre, circuit-style, cardio, cycle, Pilates, strength and yoga formats, all led by certified, expert instructors. Also includes CTR (Core. Tone. Reform), Life Time's newest athletic-based training reformer class Integrated recovery and wellness spaces featuring LifeClinic Chiropractic care, stretching areas, water massage and cold therapy chairs, whole-body compression technology, percussion devices, metabolic testing and nutrition coaching Resort-style beach club experience with leisure and lap pools, waterslides, outdoor bar and dining area, and expansive lounge space with cabanas and lounge chairs Five pickleball courts – three climate-controlled indoor and two outdoor – for open play, lessons, clinics, leagues and social events Luxury men's and women's dressing rooms with wet suites featuring sauna, steam, warm spa and cold plunge, plus family changing rooms LifeSpa full-service salon and spa for hair, massage, skin and nails and rejuvenating services LifeCafe serving made-to-order drinks, smoothies, healthy meals and a full-service bar Kids Academy for children ages three months to 11 years, offering daily programming across movement, sports, arts, STEM and enrichment activities Complimentary work lounge providing flexible space to work before and after workouts "We're thrilled to welcome Life Time as an important milestone in the continued evolution of Brea Mall as a more dynamic, mixed-use destination," said Sundesh Shah, Simon's Senior Vice President, Specialty Development. "Life Time brings a best-in-class athletic country club experience that complements the way today's guests live, work, play and shop. This opening also reflects our strong, long-standing relationship with Life Time."
Brea joins other South California Life Time locations, including Laguna Niguel, Lakeshore-Irvine and Rancho San Clemente. It marks an exciting addition to the community with the Brea Mall's greater redevelopment efforts, bringing new jobs, supporting local economic growth, and providing residents with a premier destination that reflects the growing demand for health, wellness, and connected living.
Life Time Brea also connects members to the company's broader healthy way of life ecosystem, including unparalleled in-club experiences, expert coaching, the complimentary Life Time app featuring L•AI•CTM, digital wellness content, and access to national athletic events. Together, these offerings provide personalized, connected pathways to support long-term health and longevity.
Life Time Brea is located at 1600 Brea Mall Road, Brea, CA 92821. For more information, visit the club website, call 714-988-1950 or follow along on the club's Instagram.
For more information about Life Time, visit www.lifetime.life, follow on social media at Facebook, Instagram and LinkedIn, or download the complimentary Life Time App.
Asset: Life Time Brea Flythrough Video
Frequently Asked Questions:
What is Life Time Brea?
Life Time Brea is an athletic country club from Life Time located at Brea Mall. Spanning nearly 123,000 square feet across three acres, it offers a resort-style Beach Club, an expansive workout floor, boutique studios, pickleball, recovery and spa amenities, LifeCafe dining, a complimentary work lounge and kids programming.
When does Life Time Brea open?
Life Time Brea opens on July 9, 2026.
Where is Life Time Brea located? What's the contact info?
Life Time Brea is located at 1600 Brea Mall Road, Brea, CA 92821, as an anchor at Brea Mall. The club can be reached at 714-988-1950. Website. lifetime.life/brea
What amenities and classes does Life Time Brea offer?
Life Time Brea features a resort-style Beach Club with a leisure pool, waterslides, and a six-lane lap pool, five indoor and outdoor pickleball courts, and an LT Recovery Zone with HydroMassage, CryoLounge chairs, Normatec compression, and Hyperice therapy. Group fitness spans barre, cycle, Pilates, strength, and yoga, plus Life Time signature formats including Alpha, GTX, MB360, and the new CTR (Core, Tone, Reform) reformer class. The club also includes a full-service LifeSpa, LifeCafe dining and a Kids Academy for children ages three months to 11 years.
How do I become a member of Life Time Brea?
Membership information is available at the Life Time Brea club website or by calling 714-988-1950.
About Life Time
Life Time (NYSE: LTH) empowers people to live healthy, happy lives through its 195 athletic country clubs across the U.S. and Canada, the complimentary and comprehensive Life Time app featuring its L•AI•C™ AI-powered health companion, and more than 30 iconic athletic events. Serving people ages 90 days to 90+ years, the Life Time ecosystem uniquely delivers healthy living, healthy aging, and healthy entertainment experiences, a range of unique healthy way of life programs, highly trusted LTH nutritional supplements and more. Recognized as a Great Place to Work®, the company is committed to upholding an exceptional culture for its more than 50,000 team members.
DigitalOcean očekává za 2. čtvrtletí tržby 282,1 milionu USD, tedy meziroční růst o 29 %, a hlásí více než 800 milionů USD v remaining performance obligations. Firma říká, že nové kontrakty jsou navázané na inference a AI workloady.
The architectural landscape of cloud infrastructure is fracturing. For years, the market assumed legacy hyperscalers like Amazon NASDAQ: AMZN and Microsoft NASDAQ: MSFT would control the enterprise server space indefinitely, leaving smaller infrastructure providers to fight over budget-conscious developers.
DigitalOcean Today
$143.20 +2.73 (+1.94%)
As of 11:02 AM Eastern
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52-Week Range$25.56▼
$187.50P/E Ratio62.37
Price Target$145.36
That paradigm shifted on June 7, 2026, as DigitalOcean Holdings NYSE: DOCN defied a broadly declining macroeconomic backdrop and rose by more than 10% following a highly bullish preliminary second-quarter earnings release. The price action signals something much deeper than an earnings beat. The market is witnessing a pivot as smaller independent cloud providers capture high-margin, enterprise-scale workloads.
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Investors chasing this momentum should unpack the underlying data to separate the growth story from the temporary distortions of short covering and passive index accumulation, because when you look closely, you can observe how DigitalOcean is changing the tide in the enterprise artificial intelligence sector.
Reeling in Revenue: Accelerating Top-Line MetricsAnalyzing the second-quarter pre-announcement reveals the distinct drivers behind the sudden upside volatility. Management now forecasts second-quarter revenue of $282.1 million, a 29% year-over-year acceleration. This decisively eclipses Wall Street’s consensus estimate of $273.6 million and marks a steep re-acceleration from the 14% growth recorded in the second quarter of last year.
While the top-line beat is impressive, the forward-looking metrics are fundamentally resetting valuation models across the sector. DigitalOcean reported remaining performance obligations exceeding $800 million. Remaining performance obligations act as a reliable leading indicator of future revenue, representing contracted but unrecognized sales.
Adding $550 million to this pipeline in a single quarter is a feat of management, reflecting a greater than tenfold increase from the prior year. The weighted-average contract life has also extended from 1.6 years to over three years. By locking in long-term capital, DigitalOcean is preserving adjusted EBITDA margins despite executing heavy infrastructure spending.
Deep Water Infrastructure: The Enterprise AI PivotThe historic surge in contracted revenue requires a permanent re-evaluation of DigitalOcean's target demographic. Historically, the broader market categorized the business as a volume-driven host for small businesses or independent software developers. A low average revenue per user model traditionally struggles during periods of macroeconomic tightening, as smaller clients churn or downsize their hosting plans to survive.
Management explicitly attributes the recent $550 million pipeline jump to multiple nine-figure annual customer commitments strictly tied to inference and AI workloads. Nine-figure contracts are fundamentally incompatible with small business budgets. These agreements are the domain of highly funded enterprise AI labs and institutional research divisions. DigitalOcean is effectively pivoting from a budget-friendly hosting service to a heavyweight player in AI infrastructure.
To support these enterprise contracts, DigitalOcean deployed capital from a recent $800 million equity offering to secure an additional 20 megawatts of data center capacity for late 2027 and early 2028. This brings the total committed capacity to 155 megawatts. By focusing on purpose-built architectures, such as its proprietary inference routing software, DigitalOcean is winning strictly on total cost of ownership against the major hyperscalers, avoiding a margin-crushing race to the bottom on pricing.
Currents of Capital: Institutional Buy-In Vs. Insider ExitsUnderstanding the mechanics of the current price action requires looking under the hood at market sentiment and institutional capital flows. Options flow reflects a strong upside bias, with the volume put-to-call ratio dropping to 0.18 and total contract volume rising above 136% of the average daily volume.
Overall MarketRank™73rd Percentile
Analyst RatingModerate Buy
Upside/Downside3.6% Upside
Short Interest LevelHealthy
Dividend StrengthN/A
News Sentiment0.72 Insider TradingSelling Shares
Proj. Earnings Growth57.41%
See Full Analysis
This bullish derivatives activity is colliding directly with forced buying in the underlying equity. Short interest currently sits at approximately ~12% of the public float, translating to roughly 12.2 million shares shorted. With a days-to-cover ratio nearing four, the double-digit intraday climb is undoubtedly exacerbated by short sellers scrambling to close underwater positions. Institutional ownership commands ~50% of outstanding shares (down from around ~90%), creating a structural floor that successfully absorbed the dilution from the recent equity offering.
Despite the institutional accumulation, retail investors should consider internal structural headwinds. Over the trailing three months, insiders liquidated approximately $565.9 million in stock. The bulk of this distribution came from major shareholder Access Industries, along with multi-million-dollar sales from key executives. With zero open-market insider purchases during this period, internal leadership is clearly utilizing the elevated valuation to take profits.
Sailing Close to the Wind: At 57x Earnings?The fundamental momentum backing DigitalOcean is undeniable, and the expanding contracted revenue provides visibility through 2026. However, market mechanics and valuation multiples should still matter for investors entering at these levels.
DigitalOcean commands a premium trailing price-to-earnings ratio of ~57x. A valuation this rich leaves very little room for operational missteps, particularly in a high-interest-rate environment where the broader technology sector remains highly sensitive to changes in the cost of capital.
The recent addition of DigitalOcean to the Russell 1000 index has led to continued passive index accumulation, creating an artificial tailwind for the share price. Investors should first acknowledge that DigitalOcean is currently priced for perfection, and the heavy insider distribution suggests that early institutional backers have already made the easy money.
Dropping Anchor: Rigging the Deck for an AI PivotThe cloud computing narrative is undergoing a fundamental shift, revealing that nimble, cost-effective infrastructure providers can thrive alongside the trillion-dollar tech giants. DigitalOcean is proving that independent operators can successfully capture enterprise market share without sacrificing profitability. The pivot toward artificial intelligence infrastructure is entirely resetting the forward growth trajectory and shielding DigitalOcean from the high-churn risks typically associated with small business clients.
The underlying data support the bullish price action, driven by tangible contract expansions rather than speculative hype. Investors evaluating the infrastructure space might consider adding DigitalOcean to their watchlist as a high-growth alternative to mega-cap technology stocks, provided they have the risk tolerance for premium valuation multiples and post-squeeze volatility.
Should You Invest $1,000 in DigitalOcean Right Now?Before you consider DigitalOcean, you'll want to hear this.
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Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.
H.B. Fuller ve 2. čtvrtletí zvýšila čisté tržby o 5,8 % na 950 milionů USD a upravené EBITDA o 9 % na 181 milionů USD díky cenám a lepší marži. Pro fiskální 2026 čeká růst tržeb i vyšší EBITDA.
Key Takeaways H.B. Fuller is prioritizing higher-value markets after its portfolio realignment and Flooring business sale. FUL grew Q2 revenues 5.8% as pricing, restructuring savings and mix lifted margins despite softer volumes. H.B. Fuller projects fiscal 2026 revenue growth and higher EBITDA, with cash flow weighted to the second half. H.B. Fuller Company (FUL - Free Report) is no longer just a broad specialty chemicals story. The investment debate now centers on whether a cleaner portfolio, stronger pricing discipline and medical expansion can support steadier margins.
That setup looks constructive, but not one-sided. Softer consumer-linked demand, flexible packaging weakness and automotive pressure still limit the near-term volume story.
How FUL Is Reshaping Its BusinessFollowing its fiscal 2025 realignment and the sale of the North America Flooring business, H.B. Fuller reports through three segments: Hygiene, Health & Consumable Adhesives, Engineering Adhesives and Building Adhesive Solutions.
The mix spans packaging, converting, hygiene, healthcare, transportation, electronics, clean energy, aerospace, appliances, roofing, building envelope, HVAC insulation and infrastructure. The strategic direction is clear. FUL is shifting toward more resilient and higher-value niches instead of relying mainly on raw volume growth.
H.B. Fuller Pricing Still Drives ResultsPricing remains the clearest support for the current thesis. In the fiscal second quarter, net revenues rose 5.8% year over year to $950 million, while organic revenues increased 2.6%, helped by pricing that more than offset slightly lower volume.
Margin execution was also stronger. Adjusted gross margin expanded 200 basis points to 34.2%, driven mainly by pricing execution and restructuring savings. Adjusted EBITDA rose 9% to $181 million, while adjusted EBITDA margin improved 70 basis points to 19.1%.
Why FUL Still Faces Demand FrictionThe weaker side of the story is volume. The Hygiene, Health & Consumable Adhesives unit saw strength in medical, tape and label and end-of-line packaging, but flexible packaging remained weak.
Engineering Adhesives also had mixed trends. Aerospace, electronics and general industries were stronger, but automotive declined by mid-single digits. These pressures leave earnings more dependent on price, mix, sourcing and cost control than on a broad-based volume recovery.
Avery Dennison Corporation (AVY - Free Report) gives investors another way to look at materials tied to packaging and labeling demand. RPM International Inc. (RPM - Free Report) , with exposure to specialty coatings, sealants and building materials, is also relevant for investors tracking construction-linked materials trends.
What H.B. Fuller Expects NextFor fiscal 2026, H.B. Fuller still expects net revenues to increase in the mid-single digits and organic revenues to rise in the low single digits. Foreign currency translation is expected to add 1-2% to revenues.
Management now expects adjusted EBITDA of $650-$675 million and adjusted earnings of $4.60-$4.90 per share. Operating cash flow is projected at $300-$325 million, with cash generation weighted to the second half of the year.
FUL Signals for Momentum and ValueThe bottom line is that FUL has a credible margin story, but it still needs to prove that pricing, restructuring and mix can offset uneven end-market demand. The proposed Advanced Medical Solutions acquisition adds another potential higher-margin growth platform, but it also brings integration and leverage considerations.
Shares of FUL have lost 7.2% so far this year against the industry’s 15.7% rise.
Image Source: Zacks Investment Research
FUL currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The stock also has a VGM Score of A, with a Value Score of A, Momentum Score of A and Growth Score of C. That combination points to favorable value and momentum characteristics, while the Growth Score signals that growth questions have not fully disappeared.
Estimate revisions also remain supportive, with the current fiscal-year earnings estimate up 2.1% over the past four weeks. For investors, FUL looks best framed as a margin-and-mix execution story, not a simple volume recovery play.
H.B. Fuller rozšiřuje svůj záběr do zdravotnictví prostřednictvím plánované akvizice Advanced Medical Solutions, která má zvýšit adresovatelný trh o 15 miliard USD na 95 miliard USD. Ve druhém fiskálním čtvrtletí pomohlo stanovování cen zvýšit čisté výnosy o 3 % a hrubá marže vzrostla na 34,2 %.
Key Takeaways FUL is expanding into medical through the proposed Advanced Medical Solutions acquisition to widen its market.FUL saw aerospace rise 30% and electronics post double-digit gains, offsetting weaker automotive demand.FUL used pricing to lift margins despite higher raw material costs, though volume trends remain soft. H.B. Fuller Company (FUL - Free Report) gives investors a focused way to track changing demand in specialty materials. The company is not relying on one end market or one margin lever.
Its current setup rests on three connected trends: deeper exposure to regulated medical markets, solid demand in aerospace and electronics and pricing actions aimed at offsetting inflation and supply disruptions.
H.B. Fuller Pushes Deeper Into MedicalMedical is becoming a more important part of H.B. Fuller’s portfolio. The proposed acquisition of Advanced Medical Solutions would expand the company into tissue bonding adhesives, surgical tapes, dressings and biosurgical products.
The deal is expected to increase H.B. Fuller’s total addressable market by $15 billion to $95 billion. It also supports the company’s goal of reaching an adjusted EBITDA margin of more than 20% by 2028.
This matters because medical demand tends to be more procedure-driven and regulated than many industrial or consumer applications. That can make the business mix less tied to short-cycle demand swings.
3M Company (MMM - Free Report) remains a relevant comparison for investors watching materials innovation across healthcare, electronics and industrial applications. Its breadth shows why higher-specification materials businesses often attract attention when customers need reliability and regulatory know-how.
FUL Benefits From Aerospace and ElectronicsFUL’s growth is not coming from medical alone. In Engineering Adhesives, organic growth was roughly 5% excluding the exit from the lower-margin solar business.
Aerospace was up 30%, while electronics and general industries posted double-digit gains. Those areas are helping offset softness in automotive, where demand remained weaker across regions.
These trends point to the value of higher-performance niches. FUL’s adhesives are tied to applications where reliability, qualification and technical service matter.
Avery Dennison Corporation (AVY - Free Report) is another materials name investors may watch when tracking specialty materials demand. Like FUL, it gives investors exposure to markets where product performance and customer-specific solutions can shape growth.
H.B. Fuller Navigates an Inflation EraPricing remains central to the FUL story. In the second quarter of fiscal 2026, pricing increased net revenues by 3% and more than offset slightly lower volume.
Adjusted gross margin rose 200 basis points to 34.2%, helped by pricing execution and restructuring savings. Adjusted EBITDA increased 9% to $181 million, with adjusted EBITDA margin improving to 19.1%.
The operating backdrop remains unsettled. Nearly 90% of raw materials were higher in the fiscal second quarter versus the first quarter, and more than 50 force majeure events remained in place.
Management expects high-single-digit pricing in the second half. That gives FUL a margin-defense lever, but it also shows that input-cost pressure has not fully eased.
Why FUL Still Needs Better Volume TrendsThe trend story is not a clean cyclical rebound. Volume weakness remains a constraint, especially in more consumer-linked parts of the portfolio.
Flexible packaging stayed soft, and automotive declined by mid-single digits. Management’s fiscal 2026 framework also includes low- to mid-single-digit volume declines in the second half.
That keeps the investment case tied to mix improvement, pricing and restructuring rather than broad volume recovery. FUL can still improve margins, but stronger demand would make the growth profile more balanced.
The solar exit also creates noise in Engineering Adhesives comparisons. As that headwind laps, healthier niches may become easier to see, but the company still needs better volume confirmation.
FUL Screens Well for This Trend SetupThe bottom line is that FUL is participating in attractive specialty materials trends, but the stock still needs a firmer volume backdrop to turn margin resilience into a more decisive growth story.
Shares of FUL have lost 7.2% so far this year against the industry’s 15.7% rise.
Image Source: Zacks Investment Research
FUL currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The stock also has a VGM Score of A, supported by a Value Score of A and Momentum Score of A. Those scores suggest the stock screens well for investors who focus on valuation and earnings-related momentum. The Growth Score of C keeps the signal more balanced, fitting a company with improving mix and pricing power but uneven end-market demand.
The setup is constructive, not risk-free. FUL’s medical expansion, aerospace and electronics exposure, and pricing execution give the stock useful support, while consumer softness, automotive pressure and input-cost volatility remain key areas to watch.
CleanCore Solutions uzavřela první projekt datového centra v západním Texasu s kapacitou 200 MW a potenciálem rozšíření nad 500 MW. Firma plánuje financovat jeho rozvoj mezi nyní a rokem 2029, přičemž 100 milionů USD má být financováno do 1. čtvrtletí 2027.
Company announces transaction for a 200-megawatt data center campus in West Texas with potential to expand to more than 500-megawatts
Alex Spiro to continue as Chairman of the Board of Directors and Tyler Hassen appointed as Chief Executive Officer
, /PRNewswire/ -- CleanCore Solutions, Inc. (NYSE American: ZONE) ("CleanCore" or the "Company") today announced it has closed a transaction for its first data center project in partnership with HST Technologies, Inc. ZONE will own more than 95% of the project, providing capital and share promote economics with development platform provider, HST. The Company plans to further expand its portfolio of AI infrastructure developments to support the growing demand for compute capacity and is excited about partnering with a leading, experienced project developer.
"As AI adoption increases rapidly and the demand for AI infrastructure continues to accelerate, we are actively focused on expanding our footprint of strategically located data center campuses," said Tyler Hassen, Chief Executive Officer of ZONE. "Closing our first data center project within weeks of signing our initial LOI reinforces the pace at which we're executing our strategy. We look forward to announcing upcoming projects in the coming weeks."
The transaction commits the company to funding the initial 200-megawatts of the West Texas data center campus between now and 2029 with $100 million expected to be funded by the first quarter of 2027. The project has the potential to expand to more than 500-megawatts by 2030, and the Company expects the financial performance of the project to be in line with market comparables.
About CleanCore Solutions, Inc.
CleanCore Solutions, Inc. (NYSE American: ZONE) is building the critical infrastructure that powers the AI economy. Through a growing pipeline of projects, ZONE aims to help meet the increasing demand for compute capacity, power, and digital infrastructure required by the world's leading AI companies.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, but are not limited to, statements regarding the anticipated benefits, timing, development, financing, construction, operation, capacity, expansion and financial performance of the Company's data center project and any future data center projects; the Company's ability to fund capital contributions and commitments; the availability and cost of financing; the Company's plans to expand its portfolio of AI infrastructure developments; expectations regarding demand for AI infrastructure and compute capacity; anticipated future project announcements; the Company's strategic transition to AI infrastructure; and other statements that are not historical facts. Forward-looking statements are generally identified by words such as "anticipates," "believes," "expects," "intends," "plans," "may," "will," "could," "should," "estimates," "projects," "potential," "focused on," "aims," "expand," "expected," "look forward," and similar expressions.
These forward-looking statements are based on management's current expectations and assumptions as of the date of this press release and are subject to significant risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Such risks and uncertainties include, but are not limited to: the highly speculative and uncertain nature of the Company's anticipated AI critical infrastructure business; the Company's lack of operating history in the data center or computing infrastructure industry; the Company's limited experience in the data center and AI infrastructure industries; the Company's ability to successfully transition its business model from cleaning services; the ability of the parties to satisfy closing conditions and implement the transaction documents; the Company's ability to fund required capital contributions and commitments on anticipated timelines or at all; the availability, cost and terms of project-level, corporate or replacement financing; the significant capital requirements associated with data center development and the Company's limited current financial resources; construction, development, engineering, procurement, supply chain, utility, interconnection, power availability, permitting, zoning, land acquisition, site-control, environmental, operational and commissioning risks; the Company's ability to develop, bring online and expand data center projects on anticipated timelines, budgets, capacity levels or performance expectations; tenant, customer, colocation, power, utility and vendor demand, credit and performance risks; risks that expected financial performance, market comparables, revenues, EBITDA, profitability, returns, preferred returns, carried participation, promote economics or other economic benefits may not be achieved; risks associated with equity consideration, dilution, valuation, stock price volatility, liquidity, listing standards and securities-law compliance; the Company's dependence on HST Technologies, Inc. and other development, technology, operating, financing and construction partners; risks related to proprietary technology, platform licensing, cybersecurity, data security and business continuity; competition from established data center operators, hyperscale cloud providers and other market participants; changes in demand for AI infrastructure and compute capacity; changes in laws, regulations, utility tariffs, interconnection rules, government policy or market conditions affecting AI infrastructure, data centers, energy, power procurement or capital markets; the Company's ability to consummate a sale or disposition of its cleaning products business on favorable terms or at all; risks associated with the Company's transition away from its Dogecoin treasury strategy, including potential volatility in cryptocurrency markets and risks related to the disposition of digital asset holdings; conditions that raise substantial doubt about the Company's ability to continue as a going concern; and general economic, financial, capital market and industry conditions.
For a more complete discussion of risks and uncertainties, please refer to the Company's filings with the U.S. Securities and Exchange Commission ("SEC"), including the "Risk Factors" section of the Company's most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. All forward-looking statements are qualified in their entirety by this cautionary statement.
Flex a Cerebras rozšiřují výrobu superpočítačů CS-3 v Milpitasu, což má do roku 2026 zvýšit kapacitu zhruba sedminásobně. Cílí na rostoucí poptávku po AI infrastruktuře.
New manufacturing lines in Milpitas, California will support an anticipated 7x increase in production of Cerebras CS-3 systems as demand for high-performance AI infrastructure accelerates.
, /PRNewswire/ -- Flex and Cerebras Systems Inc. today announced an expanded manufacturing partnership to scale production of the Cerebras CS-3, one of the world's most advanced AI accelerator systems, at Flex manufacturing facilities in Milpitas, California. As demand for AI infrastructure accelerates, the collaboration reflects a significant expansion of advanced manufacturing capacity in the United States.
The expanded operation is expected to increase CS-3 production capacity by approximately 7x through 2026, supported by new production lines, expanded floor space, advanced test infrastructure, and additional skilled manufacturing talent based in California.
At a time when electronics manufacturing is often associated with overseas supply chains, this partnership demonstrates that some of the world's most sophisticated AI systems are being designed, assembled, integrated, and tested in the heart of Silicon Valley.
"The CS-3 is unlike any computer system ever built, and scaling its production requires an extraordinary manufacturing partner. Flex brings the technical depth, operational rigor, and manufacturing expertise needed to support that scale," said Dhiraj Mallick, COO of Cerebras. "People often think the entire AI manufacturing and packaging supply chain lives overseas, but everyday across the U.S., teams of American engineers and technicians are building state-of-the-art AI systems that power frontier AI workloads around the world."
The CS-3 is built on Cerebras' industry-leading wafer-scale engine architecture, featuring a processor physically larger than any conventional AI chip. The system integrates advanced liquid cooling, high-density power delivery, precision mechanical assembly, and tightly coordinated networking infrastructure into a platform designed for large-scale AI training and inference.
Manufacturing the CS-3 presents challenges rarely encountered in traditional server production. Each system requires specialized handling processes, custom tooling, precision calibration, and extensive system-level validation. Flex engineers worked closely with Cerebras to develop dedicated assembly flows, automated test stations, and new manufacturing methodologies tailored specifically to wafer-scale computing systems.
"The CS-3 does not resemble a conventional server or rack-scale compute platform," said Rob Campbell, President of Communication, Enterprise and Cloud at Flex. "Every stage of the manufacturing process—from mechanical integration to thermal validation and final system qualification—required deep collaboration between our engineering teams. We thank Cerebras for their partnership in demonstrating what American advanced manufacturing can achieve when two highly technical organizations work side by side."
To support the ramp, Flex is expanding dedicated manufacturing operations for Cerebras in Milpitas, with multiple new assembly and integration lines coming online through 2026. The footprint devoted to CS-3 manufacturing is expected to grow substantially this year as production accelerates to meet customer demand from AI model developers, cloud providers, and enterprise customers.
The expansion is also contributing to growth in high-skilled manufacturing roles across the region, including manufacturing, systems integration, quality, supply chain, and testing.
Inside the Milpitas facility, production operations span precision mechanical assembly, high-power electrical integration, liquid cooling installation, optical networking validation, and full-rack system qualification. To support growing demand, the site has expanded into a high-throughput manufacturing environment with parallel integration lines, enhanced burn-in and validation areas, additional automated test infrastructure, and increased warehouse and logistics capacity for critical components and finished systems. Tooling and fixtures will enable multiple CS-3 systems to move through integration and testing simultaneously, which is expected to significantly increase throughput while maintaining the rigorous quality and reliability standards required for large-scale AI deployments.
To learn more, please visit cerebras.ai/flex.
About Flex
Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps leading brands design, build, and manage products that improve the world. With a global footprint spanning 30 countries, Flex delivers advanced manufacturing and supply chain solutions, innovative products and technology, and lifecycle services that support customers from concept to scale. In the AI era, Flex is helping customers accelerate data center deployment by solving power, heat, and scale challenges through cutting-edge power and cooling technology and scalable IT infrastructure solutions. For information about Flex's intent to spin off its Cloud and Power Infrastructure portfolio, visit: https://flex.com/transaction-resources
About Cerebras Systems
Cerebras Systems (NASDAQ: CBRS) is building the fastest AI infrastructure in the world. Cerebras is a team of pioneering computer architects, computer scientists, AI researchers, and engineers of all types that have come together to make AI blisteringly fast through innovation and invention. Cerebras believes that when AI is fast, it will change the world. Cerebras' flagship technology, the Wafer-Scale Engine 3 (WSE-3) is the world's largest and fastest commercialized AI processor. Fifty-eight times larger than a leading GPU chip, the WSE-3 uses a fraction of the power per unit compute while delivering inference up to 15 times faster than leading GPU-based solutions as benchmarked on leading open-source models. Leading corporations, research institutes, and governments on four continents chose Cerebras to run their AI workloads. Cerebras solutions are available on premises and in the cloud.
Contacts
Flex Media & Press
Christie Haber
Senior Director, Commercial Marketing
(602) 245-1057
[email protected]
Flex Investors & Analysts
Michelle Simmons
Senior Vice President, Global Investor Relations and Public Relations
(669) 242-6332
[email protected]
Cerebras
[email protected]
Forward-Looking Statements
This press release contains forward-looking statements, including but not limited to: the anticipated 7x increase in production of CS-3 systems, multiple new assembly and integration lines coming online through 2026, the expected substantial growth this year in the footprint devoted to CS-3 manufacturing, and the expected significant increase in throughput of CS-3 systems while maintaining quality and reliability. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate", "estimate", "expect", "project", "plan", "intend", "target", "aim", "believe", "may", "will", "should", "becoming", "look forward", "could", "can," "can have", "likely" and other words and terms of similar meaning. Forward-looking statements give our current expectations and projections relating to the information in this press release. Neither Cerebras, Flex, nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The forward-looking statements included in this press release relate only to events and information as of the date hereof. Neither Cerebras nor Flex undertakes any obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expected.
Meta Platforms klesá o 4,1 % poté, co Reuters uvedl, že letos může do AI infrastruktury utratit až 145 miliard USD. Firma chce do roku 2027 zdvojnásobit výpočetní kapacitu.
Meta Platforms Inc (NASDAQ:META) is sitting out the broader tech rally today, down 4.1% to trade at $578.19. An internal memo reviewed by Reuters indicated the company may spend up to $145 billion on AI infrastructure this year. The aim is to double computing capacity by 2027, and plans to begin manufacturing its 'Iris' chip in September.
META is now down 12.6% in 2026 and back below $600, with recent rallies turned away at a confluence of moving averages. Longer term, the shares are down nearly 21% in the last 12 months, carving a channel of lower highs.
Options bulls are steadfast. META's 10-day call/put volume ratio of 2.21 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) ranks higher than 86% of readings from the past year.
Echoing this, the stock's Schaeffer's put/call open interest ratio (SOIR) of 0.51 sits in the 6th percentile of its annual range, which indicates a heavy preference for calls among short-term traders.
Meta spouští Muse Spark 1.1, svůj dosud nejsilnější model pro agentní a kódovací úlohy, a zpřístupňuje jeho API v public preview. Cílí tím na OpenAI a Anthropic.
Three months after unveiling its first artificial intelligence model under the leadership of AI chief Alexandr Wang, Meta is rolling out a major update as it attempts to compete with OpenAI and Anthropic in critical areas of the market.
Muse Spark 1.1, which Meta introduced on Thursday, represents its "strongest model for agentic and coding work yet," Wang said in an interview with CNBC. The initial Muse Spark model released in April was only available to "select partners" who could access the technology via a "private API preview."
Meta is making the new model's API available through a developer portal as part of a public preview, where users will be able to sign up and see instructions for integration. A Meta spokesperson said some early partners can already access the API, and new users "will be able to add themselves to a waitlist and be added from there over time." For now, Meta said it's limiting API access to its own properties rather than making it available on third-party platforms like the popular OpenRouter marketplace.
"This is going to be served on top of the computer infrastructure that we've built," Wang said.
It's Meta's second notable rollout for the Muse family this week. On Tuesday, Meta released Muse Image, originally code-named Mango, a model for creating images, as the company seeks to attract creators and advertisers to its offerings.
Meta CEO Mark Zuckerberg is coming under pressure from Wall Street to show a return on the company's massive and growing investment in AI infrastructure and development. While it's spending at the rate of its hyperscaler peers, Meta doesn't have a cloud infrastructure business (though it plans to start one), and it's failed to keep up with OpenAI, Anthropic and Google in developing popular models and AI applications.
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Wang characterized pricing of the Muse Spark update as "very aggressive and attractive" compared with similar offerings from labs like Anthropic and OpenAI. He said every new API account will start with $20 in free credits. From there, the company will charge $1.25 per million tokens in input, and $4.25 per million tokens of output, he said.
"The goal is to really have attractive pricing that scales with immense consumption usage," Wang said.
He said Muse Spark 1.1 outperformed rival models in certain tasks involving the ability to interact with various third-party coding products and services.
Wang's Meta Superintelligence Labs, or MSL, trained Muse Spark 1.1 to excel in coding-related tasks because that ultimately improves the capabilities of AI agents that can autonomously perform multiple tasks like a fleet of human interns, he said.
"You kind of have to build coding capabilities as part of that in service of overall agentic capabilities," Wang said.
The tech industry's excitement about AI agents took off in the first half of 2026, in part due to the sudden popularity of OpenClaw, which developers could use to manage AI models that power supercharged digital assistants. Wang said Meta trained Muse Spark 1.1 "to be able to work well with all of the most popular harnesses that developers use today, and we felt that was the best approach for this model given our goal to maximize adoption."
Although Meta's previous AI strategy emphasized releasing its earlier Llama family of models to the open-source community, the company is now focusing on selling access to proprietary AI models.
Wang said that Meta is still "committed to open source" and that his MSL unit has a "variant of Muse Spark that is in development that we do intend to open source." He declined to say when the company would release it.
Wang added that he's been "dog-fooding" the latest Muse Spark model, and is excited about the technology's ability to be used as tool for improving personal health via tasks like searching the web, reading academic papers and accessing personal health-related data.
"It's one of these use cases that I think really encapsulates the needs of these agentic systems," Wang said of his AI and health experiments.
Wang said Meta is currently training a more powerful AI model, code-named Watermelon, but didn't say when it would be released. Muse Spark's code name was Avocado.
Dvě nedávné události s Boeingem 737 MAX na letech Southwest Airlines znovu přitahují pozornost k bezpečnostním rizikům Boeingu i aerolinek. BA je za posledních pět dní do 8. července o zhruba 0,67 % níže.
Two recent incidents regarding a Boeing 737 MAX aircraft have put Boeing Co. NYSE: BA stock back in the spotlight, and not in a good way. Both incidents occurred on Southwest Airlines NYSE: LUV jets. The timing is notable, landing just as Boeing works to reassure investors that its production and quality-control issues are behind it.
Boeing Today
$223.46 -1.50 (-0.66%)
As of 10:06 AM Eastern
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52-Week Range$176.77▼
$254.35P/E Ratio108.36
Price Target$261.61
The first incident occurred on Southwest Flight WN139, which made an emergency return to Maui. The Boeing 737 MAX 8 was en route from Kahului to Las Vegas on July 5, 2026, when the crew reported a mechanical issue. Rather than continuing toward the mainland, the flight diverted to Honolulu.
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Passengers described a tense but orderly return, and the aircraft landed safely with no reported injuries. Southwest confirmed the diversion as a precaution, and the plane was inspected before returning to service.
A second, less-reported incident also involved a Southwest MAX 8. That flight, traveling between Denver and Dallas, diverted after the crew flagged a technical issue in mid-flight. Details are thinner, with limited official confirmation so far. Together, the two incidents highlight how quickly minor mechanical alerts can draw scrutiny, especially with a model still shadowed by its troubled history.
737 MAX Incidents Put Boeing Stock Back Under the MicroscopeThe company faced intense scrutiny after two fatal crashes involving the 737 MAX in 2018 and 2019, which led to a worldwide grounding of the aircraft. There's no indication that either recent event involved MCAS, the flight-control system tied to that earlier crisis.
This hasn’t turned into a sell-the-news event. BA is down only about 0.67% over the five days ending July 8. LUV is down about 3.01% over the same period. These new incidents, however, remind investors of the inherent risk in this sector.
One of those risks is the price of jet fuel, which is moving higher as U.S. President Donald Trump recently announced the U.S.-Iran ceasefire is over. For investors tracking BA and LUV, these incidents add a fresh variable to an already complex earnings picture heading into the back half of 2026.
Boeing's Production Recovery Still Faces Execution RisksBoeing's latest earnings paint a picture of a company gaining operational footing while still carrying real risk. Production discipline is the headline: 737 output has stabilized at 42 jets monthly, with plans to reach 47 this summer and eventually 52 once the new Everett North Line comes online.
Certification progress reinforces that momentum, with the 737-7/737-10 nearing final approval, the 777-9 advancing through FAA testing, and a supplier engine issue reportedly identified and being resolved. Higher MTOW approval on the 787-9/787-10 adds further flexibility.
Still, execution risk hasn't disappeared. A wiring nonconformance forced rework on 25 737s, pushing some deliveries into Q2. The 787 program faces its own delays, tied to seat certification and engine timing. Meanwhile, the Spirit AeroSystems integration remains a financial drag, expected to cost roughly $1 billion in cash this year.
Taken together, the stakes center on execution consistency. Boeing has a credible production ramp and certification runway ahead. That’s why the company can ill afford to deal with recurring quality lapses, particularly while integration costs threaten to undercut that progress. Investors will be watching whether operational discipline can outpace recurring one-off setbacks that still weigh on delivery timelines and cash flow.
Higher Fuel Prices Add Pressure to Airline StocksThe risk to Southwest and other airlines is not direct, but it’s nonetheless real.
Buyer behavior matters. Anecdotal evidence showed consumers actively sought out airlines and flights that didn’t use the 737 MAX after the 2018-2019 crashes. Southwest uses the 737 MAX extensively in its fleet, so the operational risk is real, albeit hard to quantify.
Southwest Airlines Today
LUV
Southwest Airlines
$49.47 +0.81 (+1.67%)
As of 10:06 AM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$28.98▼
$55.11Dividend Yield1.46%
P/E Ratio31.89
Price Target$49.58
That risk comes at a time when energy prices are on the rise, which means higher jet fuel prices at a time when the consumer is weak. Overall travel demand, including airline demand, has remained solid so far, despite sticky inflation and higher-for-longer interest rates that affect consumers at multiple levels.
Airlines such as Delta NYSE: DAL, which cater to a premium consumer, may not feel the impact as much as Southwest, which relies on a more budget-conscious consumer. That said, while consumers have options, Southwest has significant equity built with its customer base.
Energy prices will be the bigger short-term story for all the airline stocks, including Southwest. And due to the FIFA World Cup, Southwest and other airlines are likely to post good numbers this earnings season. Adding to the bull case, analysts have been raising their price targets for LUV despite the incidents.
If the investigation doesn’t reveal a systemic issue with the 737 Max, investors can remove that risk from their assessments of Southwest and Boeing. But in two sectors where the margin of error is slim, investors may want to exercise caution in the short term.
Should You Invest $1,000 in Southwest Airlines Right Now?Before you consider Southwest Airlines, you'll want to hear this.
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Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.
Citigroup dokončila první okamžitou mezinárodní platbu v USD s partnerskou bankou Siam Commercial Bank v Thajsku. SCB patří mezi 300 bank v síti Citi pro okamžité přeshraniční platby.
Citi Bank logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo Purchase Licensing Rights, opens new tab
NEW YORK, July 9 (Reuters) - Citigroup said it completed its first instant international payment in dollars with a partner bank, Thailand's Siam Commercial Bank.
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Phillip Securities Thailand, a client of SCB, made an instant transfer of funds in dollars from a Citigroup account in the UK to a Siam Commercial Bank account in Thailand during the U.S. July 4 holiday weekend, Citigroup said in a statement.
SCB is among the 300 banks integrated with Citi's international instant payments network that serves multinational clients at Citi's Services division.
Citi's Head of Payments Debopama Sen said she sees rising client interest in instant international transfers between accounts in different banks.
Instant international transfers through tokenized deposits within Citigroup accounts held by companies are close to $1 billion daily. Citigroup’s global payments division processes around $6 trillion daily across 180 countries.
Reporting by Tatiana Bautzer; Editing by Lincoln Feast.
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Tatiana Bautzer is a U.S. banking correspondent at Reuters in New York. She previously covered banks in Brazil, breaking news on deals by major global corporations, initial public offerings and bankruptcies. She has also delved into corruption scandals at Brazilian conglomerates and business disputes between billionaires. Prior to joining Reuters in 2015, Bautzer worked for business magazines Exame and Istoe Dinheiro and newspapers Valor Economico and O Estado de S. Paulo. She previously served as international correspondent for Valor Economico in Washington, D.C., covering multilateral institutions and trade. Bautzer holds a B.A. in Journalism and an MBA from the University of Sao Paulo.
Zoom uvedl samostatnou AI recepční pro existující telefonní systémy bez nutnosti Zoom Phone. Nabízí nonstop obsluhu, více než 10 jazyků, přepis hovorů, plánování schůzek a směrování hovorů.
SAN JOSE, Calif., July 09, 2026 (GLOBE NEWSWIRE) -- Zoom Communications, Inc. (NASDAQ: ZM) today announced a standalone offering for Zoom Virtual Agent (ZVA) Receptionist, enabling organizations to add an AI-powered front desk to their existing phone system without requiring Zoom Phone, helping organizations improve customer responsiveness, extend business availability, and capture more opportunities.
For many businesses, inbound calls are opportunities to win a customer, book an appointment, or strengthen an existing relationship. Yet according to research, 71% of consumers find calling a business more stressful than the issue they're trying to resolve, and 50% say they would switch to a competitor after a single bad experience.
With Zoom Virtual Agent Receptionist, organizations can provide fast, always-available customer assistance through natural, conversational AI that answers calls, assists customers, and routes inquiries around the clock. With support for more than 10 languages, built-in live transcription, appointment scheduling, and intelligent call routing, Zoom Virtual Agent Receptionist helps businesses deliver responsive customer experiences while enabling employees to focus on the conversations that matter most.
“Businesses shouldn’t have to replace their phone system to benefit from AI,” said Chris Moss, general manager of Zoom Phone. "Every inbound call is an opportunity to serve a customer or nurture a prospect. With the standalone Zoom Virtual Agent Receptionist offering, organizations can quickly add an AI-powered front desk to their existing systems, helping them answer more calls, respond faster, and stay available around the clock.”
Extending AI Receptionist capabilities beyond Zoom Phone
Originally introduced as part of Zoom Phone, Zoom Virtual Agent Receptionist is now available across existing business phone systems, making it easier for organizations to adopt AI without changing their communications infrastructure.
Answer and greet every caller with natural, conversational AI in multiple languages.Resolve common customer needs by answering business questions, scheduling appointments, and providing after-hours support.Connect customers to the right person with intelligent call routing and seamless handoff when human assistance is needed. Organizations can now add an AI-powered front desk without changing their existing phone system, making it easier to improve customer responsiveness while preserving existing technology investments and avoiding major migrations.
Whether supporting a retail store, healthcare practice, law office, or growing small business, Zoom Virtual Agent Receptionist helps ensure every caller receives timely, professional assistance while enabling employees to remain focused on serving customers.
Helping organizations capture every opportunity.
Since every inbound call has the potential to generate new business, appointments, or revenue, responsiveness is key to maintaining a competitive edge. During busy periods, after hours, or when employees are focused on helping customers in person, businesses often struggle to respond as quickly as customers expect.
By bringing AI receptionist capabilities to existing phone systems, Zoom is helping organizations improve responsiveness, extend business availability, and create better first impressions without disrupting the technology they already trust.
Available now
Standalone Zoom Virtual Agent Receptionist is available for purchase online beginning today, starting at $29.99 USD per month/100 minutes, or $24.99 USD per month/100 minutes with annual billing. To learn more, visit Zoom.com.
Organizations can also explore Zoom Virtual Agent Receptionist through a free trial program available to both new and existing customers.
About Zoom
Zoom (NASDAQ:ZM) is a system of action for modern work, turning live collaboration into completed results. From entrepreneurs to global enterprises, customers choose Zoom to seamlessly collaborate, communicate, and drive outcomes across meetings, phone, contact center, and more — all with the built-in assistance of Zoom AI. Founded in 2011, Zoom is headquartered in San Jose, CA. For more information, visit zoom.com.
Verizon bude pro nově vyráběná vozidla BMW Group pro USA poskytovat konektivitu 5G Standalone a LTE. Jde o první vozy napojené na jeho celostátní nabídku 5G Standalone pro Connected Vehicles.
July 09, 2026 08:00 ET | Source: Verizon Communications, Inc.
At a glance:
Verizon will provide 5G Standalone and LTE connectivity directly to BMW Group vehicles in the U.S., delivering exclusive telematics support for the BMW Connected Drive system in newly manufactured vehicles The deal stems from Verizon’s long-term partnership with KDDI, which supplies its proprietary Global Communications Platform to BMW Group and global connected services to OEMs in various other industries NEW YORK and DALLAS, July 09, 2026 (GLOBE NEWSWIRE) -- Verizon Business and KDDI today announced a collaboration with BMW Group uniting Verizon’s world-class 5G and LTE networks, KDDI’s expansive Global Communications Platform, and BMW Group’s superior automotive engineering for a second-to-none connected-vehicle experience.
Verizon now provides telematics connectivity for new BMW, MINI, and other BMW Group vehicles manufactured for the U.S. market. This collaboration delivers cellular connectivity directly to BMW Group vehicles, enabling BMW Connected Drive and other digital infotainment, remote, app and telematics services.
“Verizon is committed to delivering seamless connectivity for customers. Our collaboration with BMW Group and KDDI prioritizes innovation and capability to advance the connected experience for drivers across the U.S.,” said Kyle Malady, CEO, Verizon Business.
This major launch stems from Verizon’s long-standing relationship with KDDI, who provides IoT services through its Global Communications Platform to Original Equipment Manufacturers (OEMs) in demanding industries. KDDI’s platform enables a programmable connected experience for BMW Group, giving the automaker complete control of the connectivity and data packets flowing reliably and securely through Verizon’s state-of-the-art 5G network. The service is available for all newly manufactured BMW Group vehicles in the United States.
“At KDDI, we are honored to support BMW Group’s next generation connected vehicle services with our Global Communications Platform,” said Satoshi Oishi, President & CEO, KDDI America Inc. “With over two decades of experience in connected car telecommunications, we understand the critical importance of performance and reliability. Together with BMW Group and Verizon, we are committed to delivering an exceptional connected driving experience to customers across North America.”
These vehicles are the first to be connected to Verizon’s nationwide 5G Standalone for Connected Vehicles offering using its 5G core and 3GPP Release 16 industry standards for 5G standalone.
Visit LinkedIn for more information about KDDI and its connected-vehicle subsidiary KDDI Spherience.
Visit Verizon’s connected-vehicle website to learn more about our services and capabilities or to reach out to a Verizon Business sales representative.
This announcement was originally published by Verizon. Read the original press release.
McDonald’s vidí mistrovství světa FIFA 2026 jako šanci zvýšit zapojení zákazníků a návštěvnost restaurací. V USA, Kanadě a u Arcos Dorados chystá marketing spojený s turnajem během turnaje.
Key Takeaways McDonald's sees the 2026 FIFA World Cup as a chance to deepen engagement and lift restaurant traffic.McDonald's plans event-linked marketing across the U.S., Canada and Arcos Dorados during the tournament.McValue, McCafe and menu innovation may help convert World Cup attention into more restaurant visits. McDonald’s Corporation (MCD - Free Report) is navigating a challenging consumer backdrop from a position of strength. In the first quarter of 2026, global comparable sales increased 3.8%, while systemwide sales grew 6% in constant currency. The company also gained market share across nearly all of its top 10 markets, underscoring the effectiveness of its value-led strategy. As the FIFA World Cup unfolds across North America, McDonald's has an opportunity to build on that momentum by using one of the world's largest sporting events to deepen customer engagement and support restaurant traffic.
FIFA Supports McDonald's Customer Engagement StrategyMcDonald's has maintained a relationship with the FIFA World Cup for more than three decades, but the 2026 tournament carries added strategic significance as matches are being hosted across the United States, Canada and Mexico. Management stated that its U.S. and Canadian businesses, together with Arcos Dorados, have a robust marketing calendar tied to the event, reflecting the company's intent to capitalize on heightened consumer attention during the tournament.
The World Cup complements McDonald's broader growth strategy rather than serving as a standalone initiative. The company continues to pair compelling value with culturally relevant marketing and menu innovation to drive customer traffic. Its recently enhanced McValue platform, featuring under-$3 menu items and expanded meal deals, strengthens its affordability proposition, while the nationwide rollout of the new McCafe beverage platform broadens consumption occasions beyond traditional meal times. Together, these initiatives likely position McDonald's to translate event-driven consumer engagement into incremental restaurant visits.
However, weak consumer sentiment, elevated gas prices and continued pressure on lower-income customers remain concerns. Nevertheless, McDonald’s emphasis on disciplined execution and its enhanced McValue platform bodes well. If McDonald’s successfully integrates its FIFA activation with its value, marketing and menu strategies, the tournament could help reinforce customer engagement and support sales momentum through the remainder of 2026.
MCD’s Price Performance, Valuation & EstimatesShares of McDonald’s have dropped 2.8% in the past year compared with the industry’s fall of 4.3%. In the same time frame, other industry players, including Starbucks Corporation (SBUX - Free Report) , have gained 12%, while Dutch Bros Inc. (BROS - Free Report) lost 2.1%.
MCD Stock’s One-Year Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, MCD trades at a forward price-to-sales (P/S) multiple of 6.75, above the industry’s average of 3.38. Then again, other industry players, such as Starbucks and Dutch Bros, have P/S ratios of 2.98 and 4.88, respectively.
MCD’s P/S Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for MCD’s 2026 earnings per share has declined from $13.07 to $12.93 in the past 60 days.
EPS Trend of MCD Stock
Image Source: Zacks Investment Research
The company is likely to report strong earnings, with projections indicating a 6% year-over-year increase in 2026. Conversely, industry players like Dutch Bros are likely to project a rise of 22.4% in 2026 earnings. Starbucks is likely to witness growth of 12.7% year over year in fiscal 2026 earnings.
MCD’s Zacks RankMCD stock currently has a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Teva získala exkluzivní globální práva na komercializaci biosimilárního kandidáta k Ocrevusu od Polpharma Biologics po regulačním schválení. Pokryje intravenózní i subkutánní formu v USA, Evropě, Brazílii, Kanadě, Austrálii, na Novém Zélandu, v Izraeli a Turecku.
Teva secures exclusive global rights to commercialize Polpharma Biologics’ biosimilar candidate to Ocrevus® (ocrelizumab), including both intravenous and subcutaneous formulations. Agreement advances Teva’s Pivot to Growth strategy by expanding its biosimilars pipeline through strategic collaborations.Agreement reflects both companies’ commitment to broadening access to biologic medicines.
TEL AVIV, Israel and ZUG, Switzerland, July 09, 2026 (GLOBE NEWSWIRE) -- Teva Pharmaceuticals International GmbH, a subsidiary of Teva Pharmaceutical Industries Ltd (NYSE: and TASE: TEVA) and Polpharma Biologics International AG today announced a global licensing agreement granting Teva exclusive rights to commercialize both formulations of Polpharma Biologics’ proposed biosimilar to Ocrevus®1 (ocrelizumab), upon regulatory approval. This strategic agreement is expected to combine Polpharma Biologics’ proven biosimilar development expertise with Teva’s commercial footprint and capabilities.
“This agreement reflects our focus on pushing high-quality biologics to the finish line efficiently and at scale,” said Anjan Selz, Chief Executive Officer of Polpharma Biologics International AG. “Teva brings reach, discipline and real commercial strength to our strategic collaboration. Combining its global footprint with our technical and development capabilities creates a clear path to getting this medicine to patients who need more treatment options.”
Under the terms of the agreement, Polpharma Biologics retains full responsibility for the development and manufacturing of the biosimilar candidate. Teva will be responsible for regulatory submissions and, upon approval, commercialization of the intravenous and subcutaneous formulations in the United States, Europe, Brazil, Canada, Australia, New Zealand, Israel and Turkey.
“This agreement is aligned with Teva’s Pivot to Growth strategy and our focus on expanding our biosimilars pipeline. With our global commercial footprint and deep expertise in complex medicines, we are well positioned to help bring this biosimilar candidate to patients,” said Yolanda Tibbe, Vice President, Global Head of Biosimilars at Teva.
This strategic agreement reinforces both organizations’ commitment to broadening access to biologic medicines while promoting the long-term sustainability of healthcare systems.
About ocrelizumab
Ocrelizumab is a humanized monoclonal antibody designed to target CD20-positive B cells, which are believed to play a role in the autoimmune activity associated with multiple sclerosis. Ocrevus® (ocrelizumab) is indicated for the treatment of relapsing forms of multiple sclerosis and primary progressive multiple sclerosis. In the U.S., the intravenous formulation is marketed as Ocrevus®, while the subcutaneous formulation is marketed separately as Ocrevus Zunovo® (ocrelizumab and hyaluronidase-ocsq). In the EU, both formulations carry the single brand name Ocrevus®.
About Multiple Sclerosis
Multiple sclerosis is a chronic, unpredictable and progressive disease of the central nervous system, which includes the brain and spinal cord. In MS, the loss of myelin, the protective sheath surrounding nerve fibers, disrupts the transmission of electrical signals to and from the brain, leading to a wide range of symptoms.
MS affects people differently. Symptoms can fluctuate, with periods of worsening (relapses) followed by partial or full recovery (remission). Over time, some patients may also experience a gradual progression of disability.
Common symptoms include fatigue, weakness, numbness or tingling, walking difficulties, spasticity, dizziness, and vision problems, among others.
About Teva
Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is transforming into a leading innovative biopharmaceutical company, enabled by a world-class generics business. For over 120 years, Teva’s commitment to bettering health has never wavered. From innovating in the fields of neuroscience and immunology to providing complex generic medicines, biosimilars and pharmacy brands worldwide, Teva is dedicated to addressing patients’ needs, now and in the future. At Teva, We Are All In For Better Health. To learn more about how, visit www.tevapharm.com.
About Polpharma Biologics
Polpharma Biologics International AG is a biopharmaceutical company focused on development and manufacturing of biosimilars for supply to global markets. We manage the entire value chain: from product selection and investment allocation, through program execution to asset monetization, ensuring fast progress from idea to launch in strong collaboration with our global partners.
Our international team of senior experts has proven experience in program leadership, regulatory strategy, CMC integration, device development, clinical oversight, and quality assurance. Working with trusted CDMOs and CROs, we deliver end-to-end biosimilars, from cell line to finished product, across a range of major therapeutic areas. Our commercial partners ensure access for patients to these medicines worldwide.
Our mission is to accelerate access to biologics. To fulfill that mission, we maintain a robust, expanding pipeline of biosimilars in development. www.polpharmabiologics.com
Media Contact – Polpharma Biologics
Stephanie Deitzer
Lead Transformation & Communications
Polpharma Biologics International AG [email protected]
+41 78 600 53 59
Teva Cautionary Note Regarding Forward-Looking Statements
This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are based on management’s current beliefs and expectations and are subject to substantial risks and uncertainties, both known and unknown, that could cause our future results, performance or achievements to differ significantly from that expressed or implied by such forward-looking statements. You can identify these forward-looking statements by the use of words such as “should,” “expect,” “anticipate,” “estimate,” “target,” “may,” “project,” “guidance,” “intend,” “plan,” “believe” and other words and terms of similar meaning and expression in connection with any discussion of future operating or financial performance. Important factors that could cause or contribute to such differences include risks relating to: our ability to successfully execute our collaboration agreement with Polpharma Biologics for the commercialization of its biosimilar candidate to ocrelizumab, upon regulatory approval; our ability to successfully compete in the marketplace, including our ability to develop and commercialize additional pharmaceutical products; our ability to successfully execute on our Pivot to Growth strategy, including to expand our innovative and biosimilar medicines pipeline and profitably commercialize the innovative medicines and biosimilar portfolio, whether organically or through business development; our significant indebtedness; our business and operations in general; compliance, regulatory and litigation matters; other financial and economic risks; and other factors discussed in our Quarterly Report on Form 10-Q for the first quarter of 2026 and in our Annual Report on Form 10-K for the year ended December 31, 2025, including in the sections captioned “Risk Factors” and “Forward-looking statements.” Forward-looking statements speak only as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statements or other information contained herein, whether as a result of new information, future events or otherwise. You are cautioned not to put undue reliance on these forward-looking statements.
1 Ocrevus® and Ocrevus Zunovo® are registered trademarks of Genentech, Inc. and/or F. Hoffmann-La Roche Ltd.
Sony oznámila, že od roku 2028 ukončí fyzické herní disky a přejde na digitální distribuci. Firma tím chce reagovat na preference zákazníků a snížit náklady.
This is a fair market value price provided by Massive. Learn more.
52-Week Range$19.32▼
$30.34Dividend Yield0.53%
Price Target$22.00
Sony Corp. NYSE: SONY announced plans to discontinue its physical gaming discs starting in 2028. According to the company, the move is being made to coincide with consumer preferences. That sentiment is backed up by Take-Two Interactive NASDAQ: TTWO , which announced that its latest version of Grand Theft Auto will be available exclusively in a digital format.
SONY hasn’t moved much since the announcement, and for good reason. The issue of physical discs doesn’t address the larger threat that’s facing the gaming industry as a whole.
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For updates on that front, investors will have to wait for the company’s earnings report, which is due in early August.
Memory Costs Remain Sony's Biggest Gaming HeadwindThe short-term reaction to the phase-out news was predictable. The decision will lead to cost savings, which investors love. It also has the potential to improve margins.
But it does nothing to address the memory issue, which will still be front and center for Sony and other gaming companies, such as Microsoft NASDAQ: MSFT. Microsoft has recently announced company-wide layoffs of up to 4,800 workers. However, most of those displaced will come from its gaming division, which is struggling with higher memory costs for its Xbox.
Sony faces those issues with its PlayStation console, but on a much greater scale. Sony's PlayStation 5 currently dominates in market share with an estimated 75 million active units globally. That’s a stark contrast to the 30 million units sold across the Xbox Series ecosystem.
That means the company faces a memory issue that’s literally twice as large as that of Microsoft and even more so than that of Take-Two.
Sony's Move Away From Discs Raises Ownership ConcernsSony’s decision, on top of Take-Two's move, is a shot across the bow at a company like GameStop NYSE: GME, which still generates a significant share of its revenue from physical gaming hardware, including discs. But that’s been a known issue for years. GameStop has closed over 1,300 stores in the last two fiscal years due to dwindling demand for physical games.
The real backlash is coming from collectors and physical media loyalists who have now lost the ability to resell, lend, or buy used games. Eliminating discs ties ownership more tightly to platform accounts/servers. The argument is that the absence of physical discs eliminates the second-hand market and gives consumers no alternative to the PlayStation Store. That means after 2028, Sony will be the only arbiter over what a game costs and how long users can use it.
On one level, the concerns hold some merit. If Sony decides to delist a title, gamers who don’t own the physical disc could lose access entirely. Even if they have a physical disc, the functionality will be limited to that version.
Those concerns are coming to a head in a lawsuit by a Dutch law firm, which is seeking $457 billion dollars in damages. The “Fair PlayStation” campaign addresses the “Sony tax,” which refers to the 30% commission that Sony levies on all products sold through its stores.
Plus, the announcement comes shortly after Sony raised the price of its disc-edition PlayStation to $649.99 from $549.99—a not-so-subtle way to nudge consumers to higher-margin digital sales. It may be a coincidence, but the optics give the critics some validity.
However, the real erosion of consumer ownership rights is mostly an argument dressed in nostalgia's clothing. No privacy rights are being lost, and Sony’s larger point is correct. More gamers are simply choosing to download the updated version of a game.
SONY Stock Analysis: Technical Signals Point to Limited UpsideSONY is down about 17% in 2026. The good news is that it looks like it’s formed a bottom at just under $20 per share. The concern is that the upside may be limited without better momentum.
The Sony analyst forecasts on MarketBeat show a consensus price target of $22, which leaves less than 4% by way of upside. Assuming earnings growth of around 10% in the next 12 months, the company’s annual dividend looks safe and may increase. But the yield of 0.5% may not be enough to keep investors interested.
The daily chart supports a case for cautious optimism, but with a big asterisk. Shares have climbed off their recent low to about $21, and the MACD line has crossed above its signal line, a bullish signal that often precedes further near-term gains. That said, the stock remains well below its 200-day simple moving average of $24.05, a level SONY hasn't reclaimed since December 2025.
That gap between improving short-term momentum and a still-declining long-term trend line is exactly why the upside looks capped. A bounce off support isn't the same as a confirmed reversal, and bulls likely need a close above the 200-day average before the broader downtrend is truly broken.
Should You Invest $1,000 in Sony Right Now?Before you consider Sony, you'll want to hear this.
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The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public.
Rackspace Technology a Palantir představují rámec pro provoz AI v regulovaných firmách, který má pomoci bezpečně nasadit AI do produkce. Rackspace uvádí, že má už zhruba 400 certifikací Palantir.
SAN ANTONIO and MIAMI, July 09, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, and Palantir Technologies Inc. (NASDAQ: PLTR) today announced an operating model framework to help regulated and sovereign enterprises own and operate AI in production. The framework, delivered through Rackspace, combines Palantir Foundry and AIP with Rackspace’s governed private cloud, sovereign cloud, on-prem infrastructure, certified FDEs, and managed operations for customers that require control over data, security, governance, deployment location, and operational outcomes.
The framework is built for markets such as healthcare systems protecting patient records, financial institutions running on regulated data, energy operators with air-gapped infrastructure, and sovereign organizations that cannot move data across borders. For these customers, AI deployment is guided by a few fundamental, non-negotiable questions: Who owns the data? Where should the data live? And can their models be used to build someone else's business? For these customers, where governance, compliance, and security are non-negotiable, AI in production calls for both a platform and a governed operator. Palantir provides the AI operating layer; Rackspace provides the infrastructure, certified engineers, and managed operations to run that layer where the customer’s mission, data, and obligations live.
"While most regulated enterprises have an AI strategy, they often lack the operating model to put AI into production safely and at scale. This effort by Rackspace closes that gap," said Gajen Kandiah, Chief Executive Officer of Rackspace Technology. "Rackspace brings the governed infrastructure, the Palantir-certified engineers, the managed operations, and the accountability for outcomes in the environments where our customers actually live. This is deploy and operate, not deploy and leave. This is how organizations with the most demanding requirements move AI into production at scale."
“Sovereign AI requires more than access to a model. It requires an operating layer that lets enterprises govern data, enforce permissions, route models, audit actions, and deploy capability where the mission lives,” said Alex Karp, Co-Founder and Chief Executive Officer of Palantir Technologies. “This framework brings Palantir Foundry and AIP together with Rackspace’s infrastructure and delivery capabilities for mission-critical environments.”
Since the companies’ initial February 2026 announcement, the partnership has built measurable momentum. Rackspace has scaled to approximately 400 Palantir certifications across sales, engineering, delivery, and operations, including a large global cohort of Palantir-certified forward deployed engineers (FDEs) to serve demand across healthcare, financial services, energy, and mid-market. The first joint deployment closed in <2 months with Rackspace FDEs deploying AI-enabled workflows on Palantir Foundry inside a U.S.-based solar tracking manufacturer to deliver a 94% reduction in their quote cycle time.
Rackspace is also committing to deploy Foundry and AIP across more than 70% of its own back-office operations under the Rackspace OneOS program. In doing so, Rackspace runs its own business on the same governed stack it operates for customers, retaining full control of its data and models rather than ceding them to a third party.
Under the framework, Rackspace serves as a preferred operator for on-premise, private cloud, and sovereign Palantir deployments across critical infrastructure in both the public and private sectors, and for enterprises that demand the same control governments require – with Palantir Foundry and AIP as the data + AI platform layer of the governed enterprise AI stack that Rackspace has been assembling throughout 2026. The two companies will work together to acquire and serve customers in healthcare, financial services, energy, private equity, and the mid-market. The collaboration also aims to stand up large-scale private cloud and sovereign deployments, where Rackspace and Palantir FDEs work side by side inside customer environments. Across these motions, Rackspace will provide the governed infrastructure, certified forward-deployed engineers, and managed operations that take Palantir Foundry and AIP into production. The result is a new category of partnership and operating model delivered by Rackspace designed for regulated enterprises to deploy AI in production.
To learn more visit: https://www.rackspace.com/enterprise-ai/partners/palantir
About Rackspace Technology
Rackspace Technology® (NASDAQ: RXT) is the operator of the full enterprise AI stack from governed private cloud to AI inference and agents in production. With an Outcomes-as-a-Service model built on secure infrastructure, data foundations, and forward-deployed engineering, Rackspace delivers business results for regulated and mission-critical industries where governance, sovereignty, and uptime are non-negotiable. Learn more at www.rackspace.com.
About Palantir Technologies
Foundational software of tomorrow. Delivered today. Additional information is available at palantir.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, the parties’ expectations regarding the amount and the terms of the contract and the expected benefits of Palantir's software platforms and Rackspace’s governed infrastructure and delivery capabilities. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond the parties’ control. These risks and uncertainties include the ability to meet the unique needs of customers; the failure of Palantir's platforms and Rackspace’s governed infrastructure and delivery capabilities to satisfy customers or perform as desired; the frequency or severity of any software and implementation errors; Palantir's platforms’ reliability; and customers' ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings Palantir and Rackspace make with the Securities and Exchange Commission from time to time. Except as required by law, Palantir and Rackspace do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.
AstraZeneca klesla v ranním obchodování o 9,55 % poté, co Wainua selhala v klíčové studii fáze III u srdečního onemocnění. Firma uvedla, že test nesplnil primární cíl.
AstraZeneca PLC (LSE:AZN, NASDAQ:AZN) shares fell 9.55% in early trading, wiping £19 billion from the company's valuation, after its Wainua drug failed a closely watched Phase III trial in a form of heart disease.
The drop propelled the stock to the top of the FTSE 100 losers' list.
The CARDIO-TTRansform trial, run with US partner Ionis, tested Wainua in patients with transthyretin-mediated amyloid cardiomyopathy (ATTR-CM), a progressive and often fatal condition in which misfolded protein builds up in the heart.
The study did not meet its primary endpoint of reducing cardiovascular deaths and recurrent cardiovascular events over 140 weeks compared with placebo.
AstraZeneca said adding Wainua to today's standard of care, which included a stabiliser treatment for most patients, provided no statistically significant benefit.
In a prespecified subgroup of patients receiving Wainua on its own, fewer events were observed and the result was nominally significant, though no treatment effect was seen in patients already on stabiliser therapy.
The trial was the largest ever run in ATTR-CM, enrolling 1,432 patients across 130 sites in 20 countries.
Full data will be presented at the European Society of Cardiology Congress in August.
Sharon Barr, head of biopharmaceuticals research and development at AstraZeneca, said that although the trial missed its primary objective, the results support greater scientific understanding of treatment approaches for the hundreds of thousands of patients living with the disease worldwide.
The readout was one of three major Phase III catalysts hanging over the stock in the second half, alongside the SERENA-4 trial of breast cancer drug camizestrant and the AVANZAR lung cancer study of Datroway.
Citi, which has a buy rating on the shares, had modelled peak Wainua sales in ATTR-CM of around $6.2 billion, with a 59% probability of success, making it the highest-conviction of the three readouts.
The bank estimated in May that a failure of CARDIO-TTRansform would knock around 2.8% off its discounted cash flow valuation, equivalent to roughly £5.20 off its £181 fair value estimate.
Notably, Citi argued at the time that the roughly 10% fall in AstraZeneca shares from their pre-results highs already exceeded the combined 7% downside it attributed to the failure of all three trials.
Even in a scenario where all three readouts disappointed, the bank calculated a bear-case valuation of £168, still 23% above where the shares were then trading.
The broker's bull case, assuming success across all three, pointed to a valuation of around £204.
Today's sell-off suggests the market is pricing in a harsher read-across, with investors likely reassessing the risk attached to the remaining SERENA-4 and AVANZAR readouts later this year.
Citi has consistently described AstraZeneca as having the best growth and best pipeline in European pharma, with $46 billion of risk-adjusted peak pipeline sales and ten Phase III readouts due in 2026.
Wainua is already approved in more than 20 countries for the polyneuropathy of hereditary transthyretin-mediated amyloidosis, a separate nerve-damage indication unaffected by today's result.
Micron plánuje investovat až 3 miliardy USD do posílení amerického dodavatelského řetězce polovodičů. Součástí je také 500 milionů USD pro GlobalWafers a desetiletá dodávka křemíkových waferů.
Investment supports GlobalWafers’ U.S. wafer manufacturing expansion and other strategic investments for long-term supply assurance July 09, 2026 08:30 ET | Source: Micron Technology, Inc.
BOISE, Idaho, July 09, 2026 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced plans to invest up to $3 billion to strengthen the U.S. semiconductor supply-chain ecosystem and enable the critical semiconductor manufacturing footprint needed for future technology innovation. The investment reflects Micron's commitment to securing a reliable U.S. supply of critical manufacturing materials, enhancing supply assurance, improving long-term planning flexibility, and supporting the growing demand for advanced memory and storage solutions driven by artificial intelligence and other data-intensive applications.
As part of Micron’s planned investment into the U.S. supply chain, the company will provide GlobalWafers Co., Ltd. with $500 million in strategic financing support to advance the development and manufacturing capabilities of its GlobalWafers America 300mm raw silicon wafer manufacturing facility in Sherman, Texas. The companies will also enter into a 10-year supply agreement that will provide Micron with access to significant raw silicon wafer capacity to support its long-term manufacturing plans and bolster the critical semiconductor manufacturing ecosystem in the United States.
"Securing a reliable supply of critical input materials is essential to supporting Micron’s long-term growth and technology roadmap," said Ben Tessone, senior vice president and chief procurement officer at Micron Technology. "Micron’s strategic investment in the U.S. semiconductor ecosystem and GlobalWafers' raw silicon wafer manufacturing facility reflects our commitment to strengthening supply assurance, deepening collaboration with key suppliers, and supporting the expansion of the semiconductor supply chain and manufacturing infrastructure in the United States. Together, these efforts help build a more resilient supply chain that can support future innovation and growing demand for advanced memory solutions."
"Micron has long been an important partner of GlobalWafers, and we are honored to further deepen our strategic collaboration and jointly support the stable supply of critical materials for the semiconductor industry. GlobalWafers is currently the only raw silicon wafer supplier participating in the CHIPS for America Program that is capable of locally producing advanced 300mm wafers in the United States," said Doris Hsu, Chairperson and CEO of GlobalWafers. "Through this close collaboration with Micron, we are not only continuing to meet market demand for high-quality semiconductor wafers, but also helping to strengthen local manufacturing capabilities and supply chain resilience, working hand in hand with Micron to support the continued growth of the U.S. semiconductor ecosystem."
Beyond manufacturing expansion and long-term supply commitments, Micron and GlobalWafers intend to explore collaboration on next-generation wafer technologies and process innovations to support future semiconductor manufacturing requirements.
The proposed transaction remains subject to definitive agreements, customary approvals and closing conditions.
U.S. Secretary of Commerce Howard Lutnick:
“Micron’s pledge of $3 billion to strengthen the U.S. semiconductor supply chain and expand domestic manufacturing capabilities is making the United States stronger in a sector that is vital to our economy and our technological leadership,” said Commerce Secretary Howard Lutnick. “When great companies invest in America, build in America, and bet on American workers, we create the conditions for our country and companies to succeed.”
U.S. Trade Representative Ambassador Jamieson Greer:
“Memory chips are vital to the infrastructure we depend on, from satellites and cars to medical devices and defense systems. President Trump’s trade agenda is safeguarding these critical industries by incentivizing companies to build, invest, and innovate on American soil. Micron’s additional investment of $3 billion will further expand our domestic manufacturing footprint, creating more jobs, enhancing our supply chain resilience, and strengthening our semiconductor ecosystem.”
U.S. Sen. John Cornyn:
“Micron’s $500 million investment in GlobalWafers is great news for North Texas and the Lone Star State’s semiconductor industry,” said Sen. Cornyn. “This project will not only expand the GlobalWafers facility in Sherman but also help create new jobs and strengthen our nation’s chip manufacturing capabilities, and I look forward to seeing these positive developments in Texas’ Silicon Prairie.”
U.S. Rep. Pat Fallon:
“Consistent, reliable access to critical materials is essential for the U.S. to maintain a robust and resilient supply chain here at home,” commented Congressman Pat Fallon (TX-04). “This is welcome news that Micron has announced a major investment in the silicon wafer manufacturing facility here in Sherman, TX. Not only is this announcement a testament to the fact that North Texas continues to attract critical economic development, but it is also a major step forward towards shoring up domestic semiconductor manufacturing. This facility is a benefit both to Texas’ Fourth District and U.S. national security.”
Sherman Mayor Shawn Teamann:
"The city of Sherman’s central role in the domestic semiconductor ecosystem has transformed our city into the hub of the North Texas 'Silicon Prairie,' with billions of dollars in investment and thousands of new jobs,” said Sherman Mayor Shawn Teamann. “Micron’s commitment to support GlobalWafers’ expansion is a huge step forward for the U.S. semiconductor industry, the State of Texas, and our growing, historic city. We’re thrilled to have a world class company like Micron investing in the future of this great nation, right here in Sherman."
About Micron Technology, Inc.
Micron Technology, Inc. is an industry leader in innovative memory and storage solutions, transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding demand growth, investment amounts and timing, and development of the U.S. semiconductor supply chain. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially. Please refer to the documents Micron files with the Securities and Exchange Commission, specifically its most recent Form 10-K and Form 10-Q. These documents contain and identify important factors that could cause actual results to differ materially from those contained in these forward-looking statements. These certain factors can be found at https://investors.micron.com/risk-factor. Although Micron believes that the expectations reflected in the forward-looking statements are reasonable, Micron cannot guarantee future results, levels of activity, or achievements. Micron is under no duty to update any of the forward-looking statements after the date of this press release to conform these statements to actual results.
Micron zvyšuje plánované investice v USA na více než 250 miliard USD do roku 2035 a v Clay ve státě New York dokončil první betonáž více než čtvrtletí dříve, než byl původní plán.
Micron raises its planned U.S. investment to more than $250 billion through 2035 and celebrates a construction milestone at what will be the largest semiconductor manufacturing site in U.S. history July 09, 2026 08:45 ET | Source: Micron Technology, Inc.
CLAY, N.Y., July 09, 2026 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced it is accelerating its planned U.S. fab and technology investments and increasing its expected spend to more than $250 billion through 2035, driven by surging demand for memory in the AI era.
Micron anticipates that the increase in investments will support its long-term goal of producing 40% of its DRAM in the U.S. while creating additional good-paying direct and indirect jobs. The expanded investment reflects Micron’s confidence in its technology leadership and continued demand for its leading-edge memory products.
The announcement comes as Micron celebrates the first concrete pour milestone at its Clay, New York site, which occurs more than one quarter ahead of the original plan and marks the transition from site preparation to vertical construction. As announced earlier today, Micron also plans to invest up to $3 billion to develop the domestic semiconductor supply chain ecosystem in support of its U.S. manufacturing footprint.
Today, Micron Chairman, President and CEO Sanjay Mehrotra will host the concrete pour, joined by supplier partners and federal, state and local leaders, including U.S. Secretary of Commerce Howard Lutnick, New York Governor Kathy Hochul, Small Business Administration Administrator Kelly Loeffler, U.S. Chief Technology Officer Dr. Ethan Klein, Onondaga County Executive Ryan McMahon, U.S. Congressman John Mannion, U.S. Congresswoman Claudia Tenney, and Town of Clay Deputy Supervisor Joe Bick.
"As America celebrates its 250th anniversary, data and memory are foundational to the modern economy — and Micron is increasing our U.S. investments to more than $250 billion through 2035 to meet that moment," said Sanjay Mehrotra, Micron Chairman, President, and CEO. "I want to thank President Trump, Secretary Lutnick, Governor Hochul, Senator Schumer, County Executive McMahon, and our partners across government and the community for their leadership. Reaching this milestone ahead of schedule reflects the speed and determination behind this project. Micron is proud to bring the world's most advanced memory manufacturing to Central New York, strengthen the domestic semiconductor supply chain and help secure America's technology leadership for generations to come."
A Media Snippet accompanying this announcement is available by clicking on this link.
“President Trump has made it clear that America is where you should build your business and the world is responding rapidly. Today, Micron pours the foundation on its massive semiconductor campus in upstate New York and increases its American investment commitment to $250 billion, creating nearly 100,000 jobs and providing leading-edge memory supply here in the United States,” said Commerce Secretary Howard Lutnick. “The Trump economic model clearly shows there has never been a better time to invest in the United States.”
"Today's milestone marks another major step for Micron in Central New York, and what makes it even more remarkable is that we're here in July — months ahead of schedule — pouring the concrete foundation,” said Governor Kathy Hochul. “This is the largest private investment in New York State history, and it's already delivering for New Yorkers, our state economy, and our local businesses. With up to 50,000 jobs on the horizon, we are building the future of American memory manufacturing right here in Central New York, and we are building it fast."
Rapid progress in Central New York
Less than six months after breaking ground in January 2026, Micron has completed key early site work and is transitioning to vertical construction. Micron recently selected Bechtel to partner on the engineering, procurement and construction for the first New York fab. Jacobs, the architectural and engineering design partner, and Gilbane Building Company, the preconstruction and site infrastructure contractor, will also join the celebration.
To date, Micron, in partnership with Gilbane on the early site works phase, has directed approximately $675 million — more than half of the total awarded value to date — to New York-based contractors, suppliers, and subcontractors, including companies from Syracuse, Liverpool, Rome, Rochester, Watertown, Buffalo, and Binghamton. More than 80% of the workers on site to date have been New York residents, reflecting the project's impact on upstate New York businesses and communities.
Building the facility will require thousands of skilled craft professionals at peak construction, creating opportunities for union trades, apprentices, local training program graduates, specialty contractors and suppliers. With up to four fabs, Micron’s New York project is the largest private investment in state history and is expected to generate 50,000 jobs in New York, including 9,000 direct Micron jobs.
Building America's memory across the United States
The New York project is the cornerstone of Micron's U.S. investment plan. Micron is also making rapid progress in Idaho, with first wafer output expected in mid-calendar 2027 for the first fab and late calendar 2028 for the second. Earlier this year in Virginia, Micron launched initial production of its 1α (1-alpha) DDR4 technology, supporting customers’ long lifecycle product needs in auto, industrial, medical, aerospace and defense markets.
Together, these projects are expected to create more than 90,000 jobs and advance U.S. economic and national security goals. As Micron makes these investments, the company will remain disciplined in its approach and responsive to the market environment to appropriately align its supply plans.
“This milestone in Central New York shows Micron’s U.S. manufacturing strategy moving from planning to meaningful local impact,” said Manish Bhatia, Micron Executive Vice President of Global Operations. “As we build the capacity, workforce and supplier base needed for the AI era, we are creating opportunities for New York businesses, skilled trades and communities to grow with us. What we are building here will contribute to a thriving semiconductor hub in Central New York, complementing Micron’s existing sites in Idaho and Virginia.”
Investing in the Central New York Community
In honor of America's 250th anniversary, Micron recently announced a $250 million investment in Trump Accounts to reach one million children and families. The company will offer a one-time $250 seed deposit for eligible children in the communities where it operates, including Central New York, as well as an employee match benefit. To date, Micron has also committed more than $50 million to community priorities across Central New York, supporting workforce development, STEM education and other training needs, veterans’ initiatives, housing, transportation, and childcare.
Photos from the event will be available after 3 p.m. ET here.
Kelly Loeffler, Administrator of the U.S. Small Business Administration:
"Micron's massive investment in Central New York – part of a $250 billion investment nationwide – is exactly the kind of bold, American-made commitment that President Trump's agenda was designed to unleash. When a company of Micron's scale puts down roots, it has a powerful effect across our economy – not only by creating 50,000 new jobs and thousands of new work orders for local job creators, but also by strengthening small businesses across America who depend on leading-edge semiconductor technology to fuel every vital industry, from defense to energy. SBA is proud to support the small manufacturers, contractors, and local businesses that will grow alongside Micron's fab as the company advances this Administration’s mission to rebuild American industrial dominance.”
U.S. Chief Technology Officer Dr. Ethan Klein:
"The Trump Administration is committed to achieving unrivaled American leadership in AI, microelectronics, and the full semiconductor supply chain — and milestones like this one show we are turning that commitment into reality. Micron's $250 billion U.S. investments in leading-edge memory manufacturing and R&D will directly power the next generation of American innovation, and we are proud to see that future taking shape right here on American soil."
U.S. Senator Charles E. Schumer:
“Micron’s first concrete pour marks concrete progress towards bringing America’s largest semiconductor manufacturing facility to life right here in Central New York! Micron’s chips are in demand more than ever, and their Central New York project and the 50,000 jobs it’ll create put New York on the global map for advanced chip production. Micron’s total $250 billion U.S. investment is transformative for manufacturing in America and New York. I delivered a $6.1 billion CHIPS grant and billions more in Investment Tax Credit assistance from my CHIPS & Science Law to make this historic project possible. Today, we celebrate a new chapter for American chip manufacturing with Upstate New York leading the way.”
U.S. Congresswoman Claudia Tenney:
“I know how important Micron's investment is to this community — and today's milestone makes that investment tangible. Pouring the first concrete ahead of schedule is a testament to what American workers and American ingenuity can accomplish when Washington opens the path for industry to succeed. By expanding the Advanced Manufacturing Investment Credit through the One Big Beautiful Bill and championing the Working Families Tax Cut Act, Congress has sent a clear signal that the United States is committed to long-term technological leadership and supporting the next generation. Micron's $250 billion investment in making leading-edge memory in the U.S. will create good-paying jobs and strengthen our national security.”
U.S. Congressman John Mannion:
"Pouring the first concrete at Micron's Clay fab — ahead of schedule — is proof that this project is delivering for Central New York. From championing Green CHIPS in the state legislature to fighting for federal investment in Congress, I have been proud to help lay the groundwork for what will become the largest semiconductor manufacturing site in U.S. history, and part of a $250 billion Micron investment across the country. This is an investment in the thousands of workers, families, and businesses of Central New York who will build this facility and help secure America's dominance in the global semiconductor industry for generations to come."
Onondaga County Executive Ryan McMahon:
"Today's milestone is a proud and defining moment for Onondaga County, Central New York, and the country. Pouring the first concrete at Micron's historic New York campus is proof of what this community can achieve when we set ambitious goals, work together, and refuse to slow down. Reaching this milestone months ahead of schedule reflects the grit of the people of Central New York — and the strength of the partnership we have built with Micron. This project to build leading-edge memory locally will reshape the trajectory of our region for generations, and today reminds us that when Onondaga County comes together with purpose, we don't just meet expectations — we exceed them."
Matt Nesbitt, President, Central & Northern New York Building Trades:
“The Central and Northern New York Building and Construction Trades Council could not be more excited for the monumental event today. We are poised and ready for the challenge of building the largest construction project in the history of New York State. The invaluable partnership that our council has forged with Micron to prepare for this historic project is about to be on full display as we build one of the largest chip manufacturing facilities in the United States.”
Justin Driscoll, President & CEO, New York Power Authority:
“Today’s milestone at Micron’s Clay site reflects the growing momentum behind this transformative project. NYPA low-cost power allocations played a vital role in attracting this once-in-a-generation investment that will strengthen New York’s economy, create tens of thousands of good jobs, and cement New York’s role as a global leader in advanced manufacturing.”
David Anderson, President, NY Creates:
"Micron’s announcement that construction is already moving ahead of schedule is exciting for Central New York and for the future of domestic semiconductor manufacturing. This milestone represents tangible progress on a transformational project that will strengthen America’s memory chips leadership and the related supply chain, create thousands of high-tech careers, and generate lasting economic impact across the region. At the same time, NY Creates is proud to partner with Micron on our High NA EUV Lithography Center and the Industrial Manufacturing Technician (IMT) Apprenticeship Program, which advance the capabilities and talent needed to further strengthen the nation’s innovation ecosystem.”
Rob Simpson, Chief Executive Officer, CenterState CEO:
“This is one more important milestone in the foundation we are building for our region's economic resurgence and our country's national security. We are grateful to Micron for their continued partnership and investment in our region and excited to carry this message forward to the global semi-conductor supply chain — Central New York is quickly becoming one of the most important centers for memory and chip manufacturing in the world."
About Micron Technology, Inc.
Micron Technology, Inc. is an industry leader in innovative memory and storage solutions, transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding expected acceleration and expansion of construction projects, target U.S.-based DRAM production, anticipated research and development expansion, expected timing of first wafer output, planned manufacturing, supply chain and community investments, job creation and workforce expansion, and expected economic and community impacts. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially. Please refer to the documents Micron files with the Securities and Exchange Commission, specifically its most recent Form 10-K and Form 10-Q. These documents contain and identify important factors that could cause actual results to differ materially from those contained in these forward-looking statements. These certain factors can be found at https://investors.micron.com/risk-factor. Although Micron believes that the expectations reflected in the forward-looking statements are reasonable, Micron cannot guarantee future results, levels of activity, or achievements. Micron is under no duty to update any of the forward-looking statements after the date of this press release to conform these statements to actual results.
Zillow spustil Zillow Pro, prémiové členství pro realitní makléře, které jim umožní zvát klienty ke spolupráci přímo na platformě a získat přehled o jejich aktivitě. Součástí jsou také nástroje My Agent a „Likely to List“ s podporou AI.
Agents can now invite buyers and sellers they already know to collaborate with them on Zillow, unlocking insights and tools to help create more personalized client experiences and more business
, /PRNewswire/ -- With 235 million average monthly unique users1 and 70% of actual buyers and sellers in the U.S. on Zillow® today,2 most of a real estate agent's past clients are already browsing homes on Zillow, often without a clear path to take the next step. If agents could see those signals and act on them, they could show up at the right moment with the right information, giving buyers and sellers the guidance they need when they need it. And when agents are better connected to the clients they've already built relationships with, everyone wins — agents grow their business and consumers get a more responsive, more personal experience throughout their search.
Zillow has launched Zillow Pro℠, its premium membership for any and all real estate agents. It lets agents invite buyers and sellers they are working with to collaborate on Zillow, unlocking insights and tools for more personalized client experiences.
My Agent is a collaboration tool that brings agents into the shopper's Zillow experience. When a consumer accepts an invitation to My Agent, agents get real-time insight into what that shopper is browsing, saving and searching in their area.
"Likely to List" is a Zillow Pro premium feature powered by AI that helps agents spot properties in their existing Follow Up Boss database that may be coming to market soon, giving agents a reason to reconnect with past contacts who may be interested in selling.
Agents and shoppers can message or book a tour together on Zillow listings in their local market, staying connected without ever leaving their Zillow search.
A premium Agent Profile gives agents a differentiated presence on Zillow, with custom branding, photos and video. Zillow has launched Zillow Pro℠, its premium membership for any and all real estate agents, nationwide to make this possible. The membership equips agents with exclusive tools built to help them meet clients where they already are — on Zillow — and work together seamlessly. Agents can invite any buyer or seller in their network to collaborate with them on Zillow, and once that contact accepts, agents get visibility into their Zillow activity along with the tools to help them know when and how to best reach out. Nearly 20,000 agents have already used Zillow Pro in its beta version, and buyers working with agents who have a membership are 80% more likely to meet with their agent face-to-face and 50% more likely to move forward in their search.3
In a housing market where sales are on track for another flat year and mortgage rates are once again near 6.5%, agents are competing harder for every transaction. The relationships an agent builds over years are foundational to their business. But being kept in mind across a large client base is hard, and most agents have no way of knowing when someone in their network starts getting serious about a move. That closed door is where opportunities are lost.
"Real estate runs on relationships, and we see time and again the agents who win are the ones who show up at the right moment with the right information," said Cynthia Taylor, senior vice president of product at Zillow. "Now any agent can have the tools and visibility to do that across their entire business. This is our commitment to helping agents get more out of the platform where their clients are browsing, dreaming and planning."
It starts with My Agent, a collaboration tool that brings agents into the shopper's Zillow experience. When a consumer accepts an invitation to My Agent, agents get real-time insight into what that shopper is browsing, saving and searching in their area. That intelligence helps agents deliver more timely and relevant outreach by using Follow Up Boss® automatic prioritization and tailored message suggestions. Consumers who connect through My Agent convert at more than four times the rate of those with inferred relationships.4
Shoppers, in turn, see their agent across Zillow listings in their local market as they search and can easily message or book a tour with their agent, staying connected without ever leaving their Zillow search.
"The client wants to be on Zillow. Everybody is on Zillow," said Lisa Ryan, vice president of agent services at Exquisite Properties in San Antonio. "Zillow Pro membership allows us to be more intentional with keeping that relationship and nurturing it as well."
No other platform can deliver the combination of a world-class customer relationship management (CRM) system with insights from the largest online audience of home shoppers in the country. With a Zillow Pro membership, any agent — whether they advertise on Zillow or not — can extend My Agent invitations to any contact in their Follow Up Boss database.
Listing agents get a meaningful edge with the new "Likely to List" tag, a Zillow Pro premium feature. Powered by AI, Likely to List helps agents spot properties in their existing Follow Up Boss database that may be coming to market soon, giving agents a reason to reconnect with past contacts who may be interested in selling.
Powerful tools for branding, outreach and day-to-day workflow round out the agent's tool kit. A premium Agent Profile gives agents a differentiated presence on Zillow, with custom branding, photos and video. AI automatically surfaces the most engaged contacts, generates personalized outreach and gives agents instant context on a contact's history so they always know who to call and how to help. In supported MLS markets, agents can also search listings, share properties with buyers and track engagement without leaving Follow Up Boss — with their branding on every listing link they send. Combining these tools in a Zillow Pro membership, agents get a complete system for staying visible, informed and connected with clients.
Along with Zillow PreviewSM and Zillow ShowcaseSM, as well as consumer tools like its AI mode, Zillow is building a richer and more connected experience for everyone in the transaction. Buyers move from browsing to action, sellers reach the right buyers earlier and agents have the tools to guide their clients from preparation through closing.
Agents can learn more and get started at zillowpro.com.
About Zillow Group:
Zillow Group, Inc. (Nasdaq: Z and ZG) is reimagining real estate to make home a reality for more and more people.
As the most visited real estate app and website in the United States, Zillow connects hundreds of millions of consumers with innovative technology, trusted agents and loan officers, and seamless digital solutions. With industry-leading tools and resources, Zillow supercharges real estate professionals so they can grow their businesses and deliver exceptional client experiences. For renters and housing providers, Zillow offers not only a robust marketplace but a set of end-to-end products and services to streamline applications, leases, payments and more.
Zillow's ecosystem spans the entire home journey — from dreaming and shopping to renting, buying, selling and financing.
Zillow Group's affiliates, subsidiaries and brands include Zillow®, Zillow Premier Agent®, Zillow Home Loans®, Zillow Rentals®, Zillow® New Construction, Trulia®, StreetEasy®, Out East®, HotPads®, Follow Up Boss®, ShowingTime®, dotloop® and Zillow® Closing.
1 Zillow data, full-year 2025.
2 Zillow Group monthly unique visitors divided by "real estate" unique visitors (as defined by Comscore) for December 2025.
3 Based on Zillow internal analysis comparing matched contacts with and without a My Agent Relationship.
4 Internal analysis suggests this reflects the higher intent of buyers who actively confirm an agent relationship, rather than the relationship status itself driving conversion.
Eli Lilly na AAIC 2026 představí data, podle nichž krevní test P-tau217 dosáhl silného potvrzujícího výkonu srovnatelného s amyloidním PET při záchytu patologie Alzheimerovy choroby u kognitivně nepostižených jedinců.
Analyses across Kisunla (donanemab-azbt) trials providing further insights into the benefit-risk profile from long-term extension data
New data compares the diagnostic performance of P-tau217 blood tests with amyloid positron emission tomography (PET) in cognitively unimpaired Alzheimer's disease
Research spanning diagnostics, long-term treatment, disease biology, and patient-centered outcomes reflects Lilly's 35-year commitment to Alzheimer's disease science
, /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced it will present 16 abstracts at the 2026 Alzheimer's Association International Conference (AAIC), July 12-15 in London. Three oral presentations anchor the scientific program, with 13 poster presentations spanning imaging science, health economics, real-world prescribing evidence, and patient-centered outcomes, reflecting Lilly's 35-year commitment to answering open questions in Alzheimer's disease.
Key Presentations at AAIC 2026
New Clinical Evidence on Kisunla (donanemab-azbt)
On July 15, a Developing Topics Session, Donanemab in Early Symptomatic Alzheimer's Disease: Evidence to Address Clinical Questions, will present new insights from TRAILBLAZER-ALZ 6 and the TRAILBLAZER-ALZ 2 long-term extension. Findings include new data on safety through modified titration and corticosteroid pretreatment as well as long-term extension evidence on biomarkers and the potential durability of clinical benefit.
Advancing Diagnostics
Also on July 15, Samantha Burnham, Ph.D., senior research scientist, Eli Lilly and Company, will present data showing P-tau217 blood biomarker assays demonstrated strong rule-in performance comparable to amyloid PET for identifying Alzheimer's disease pathology in cognitively unimpaired individuals. Though blood biomarker tests and amyloid PET agents are not currently indicated for use in cognitively unimpaired individuals, the results generate support for a potentially scalable, accessible alternative to specialized imaging in the future.
Advancing Scientific Methodology
On July 13, as the organizer of the Featured Research Session, Lars Raket, Ph.D., Eli Lilly and Company, will deliver an oral presentation on external controls versus internal extrapolation in the TRAILBLAZER-ALZ 2 long-term extension (Room N10). The analysis addresses a key methodological question in Alzheimer's disease research: how long-term outcomes are measured and interpreted in clinical trials, reflecting Lilly's commitment to the scientific rigor that underpins credible long-term evidence generation.
A full list of abstracts appears below. Presentations will be available at www.lilly.com following their scheduled release times.
Abstract Title
Presenter
Presentation
Type/#
Details (Date, Time,
Location, Session Time)
Kisunla (donanemab-azbt)
External Controls vs. Internal
Extrapolation in the
TRAILBLAZER-ALZ 2 Long-
Term Extension
Lars Raket
Featured
Research
Session
7/13/2026
Room: N10
Session: 9-10:30 a.m.
Donanemab in Early
Symptomatic Alzheimer's
Disease: Evidence to
Address Clinical Questions
Nick Fox,
Emel Serap
Monkul Nery,
Hong Wang,
Erin Doty
Developing
Topics Session
7/15/2026
9-10:30 a.m.
Interim Analysis of the
United Kingdom
Donanemab Controlled
Access Programme: Early
Patient Characteristics and
Prescribing Patterns
Krista Schroeder
Poster
7/12/2026
Poster #8953
7:30 a.m.-4:15 p.m.
Exhibit Hall
Diagnostics
Blood Biomarker Assays
Demonstrate Strong Rule-in
Performance for Identifying
Cognitively Unimpaired AD
Samantha
Burnham
Oral
7/15/2026
Room: S11
Session: 8-8:45 a.m.
Baseline amyloid and tau
PET characteristics in early
Alzheimer's Disease: Results
from the TRAILRUNNER-ALZ
3 PET Addendum
Ilke Tunali
Poster
7/15/2026
Biomarkers: Neuroimaging,
8 a.m.- 3 p.m.
Exhibit Hall
Evaluation of Diffusion
Tensor Imaging biomarkers
in phase 2 PROSPECT-ALZ
study of Ceperognastat in
early symptomatic
Alzheimer's disease
Regional tau PET Extent to
estimate pathological
volume, capture tau
heterogeneity, and detect
treatment response in
clinical trials
Vikas Kotari
Poster
7/11/2026 and 7/14/2026
Biomarkers: Neuroimaging,
7:30 a.m.-4:15 p.m.
*Will also be presented at
AIC ahead of AAIC*
Cross-sectional evaluation of
diffusion tensor imaging
endpoints using three
clinical trials in Alzheimer's
disease
Diana Otero
Poster
7/13/2026
Biomarkers: Neuroimaging,
7:30 a.m.-4:15 p.m.
Exhibit Hall
Health Economics and Outcomes Research (HEOR)
Drivers of Increased
Healthcare Utilization and
Medicare Payments During
Cognitively Unimpaired
(Preclinical) Alzheimer's
Disease Progression
Zachary Sheff
Poster
7/12/2026
Poster #441
7:30 a.m.-4:15 p.m.
Exhibit Hall
Neurocognitive, Biomarker,
and Health Outcomes in
Those at Risk for Alzheimer's
Disease Symptoms:
ANCHOR-AD Study Design
Nalin Payakachat
Poster
7/14/2026
Poster #9036
7:30 a.m.-4:15 p.m.
Exhibit Hall
Incident institutionalization
rates among Medicare
beneficiaries with
Alzheimer's disease or mild
cognitive impairment
Zachary Sheff
Poster
7/12/2026
Poster # 7262
7:30 a.m.-4:15 p.m.
Exhibit Hall
Risk Algorithms to Predict
Elevated Plasma P-tau217
Status: A Cross-sectional
Analysis
Nalin Payakachat
Poster
7/12/2026
Poster # 2141
7:30 a.m.-4:15 p.m.
Exhibit Hall
Natural Language Processing
(NLP) Algorithms to Identify
Intracerebral Hemorrhage
>1 cm and Amyloid-Related
Imaging Abnormalities
(ARIA) in US Electronic
Medical Records
Krista Schroeder
Poster
7/15/2026
Poster # 8947
7:30 a.m.-4:15 p.m.
Exhibit Hall
About Alzheimer's Disease
By 2030, an estimated 78 million people worldwide are projected to have Alzheimer's disease, rising from approximately 55 million today, from those living with the earliest changes associated with the disease, to those experiencing profound memory loss.¹ The disease begins silently, often decades before any change in memory or thinking, with the accumulation of amyloid plaques in the brain,2 progressing through stages of increasing memory loss, behavioral changes, and growing dependence on caregivers.3
Nearly 4 in 5 Americans say they would want to know if they had Alzheimer's disease before experiencing symptoms or before symptoms interfere with their daily activities.4
About Kisunla® (donanemab-azbt)
Kisunla is currently approved as an amyloid-targeting treatment for people with mild cognitive impairment as well as people with mild dementia stage of early symptomatic Alzheimer's disease with confirmed amyloid pathology. Kisunla is a humanized monoclonal antibody that targets and reduces insoluble N-truncated pyroglutamate amyloid beta plaques, a defining feature of Alzheimer's disease, and is administered as an intravenous infusion every four weeks. Kisunla can cause serious side effects, including ARIA and infusion-related reactions. Apolipoprotein E ε4 (ApoE ε4) homozygotes have a higher incidence of ARIA, including symptomatic and serious ARIA, and testing for ApoE ε4 status should be performed prior to initiating treatment. Carriers of one or two copies of the ApoE ε4 gene may be at higher risk of developing Alzheimer's disease and experiencing ARIA. Patients should discuss any safety concerns with their healthcare providers.
INDICATION AND SAFETY SUMMARY WITH WARNINGS
Kisunla® (kih-SUHN-lah) is used to treat adults with early symptomatic Alzheimer's disease (AD), which includes mild cognitive impairment (MCI) or mild dementia stage of disease.
Warnings - Kisunla can cause Amyloid-Related Imaging Abnormalities or "ARIA." This is a common side effect that does not usually cause any symptoms, but serious symptoms can occur. ARIA can be fatal. ARIA is most commonly seen as temporary swelling in an area or areas of the brain that usually goes away over time. Some people may also have spots of bleeding on the surface of or in the brain and infrequently, larger areas of bleeding in the brain can occur. Although most people do not have symptoms, some people have:
Headache Dizziness Nausea Difficulty
walking Confusion Vision changes Seizures Some people have a genetic risk factor (homozygous apolipoprotein E ε4 gene carriers) that may cause an increased risk for ARIA. Talk to your healthcare provider about testing to see if you have this risk factor.
You may be at higher risk of developing bleeding in the brain if you take medicines to reduce blood clots from forming (antithrombotic medicines) while receiving Kisunla. Talk to your healthcare provider to see if you are on any medicines that increase this risk.
Your healthcare provider will do magnetic resonance imaging (MRI) brain scans before and during your treatment with Kisunla to check you for ARIA. You should carry information that you are receiving Kisunla, which can cause ARIA, and that ARIA symptoms can look like stroke symptoms. Call your healthcare provider or go to the nearest hospital emergency room right away if you have any of the symptoms listed above.
There are registries that collect information on treatments for Alzheimer's disease. Your healthcare provider can help you become enrolled in these registries.
Warnings - Kisunla can cause serious allergic and infusion-related reactions. Do not receive Kisunla if you have serious allergic reactions to donanemab-azbt or any of the ingredients in Kisunla. Symptoms may include swelling of the face, lips, mouth, or eyelids, problems breathing, hives, chills, irritation of skin, nausea, vomiting, sweating, headache, or chest pain. You will be monitored for at least 30 minutes after you receive Kisunla for any reaction. Tell your healthcare provider right away if you have these symptoms or any reaction during or after a Kisunla infusion.
Other common side effects
Headache Tell your healthcare provider right away if you have any side effects. These are not all of the possible side effects of Kisunla. You can report side effects at 1-800-FDA-1088 or www.fda.gov/medwatch.
Before you receive Kisunla, tell your healthcare provider:
About all medicines you take, including prescription and over-the-counter medicines, as well as vitamins and herbal supplements. Especially tell your healthcare provider if you have medicines to reduce blood clots from forming (antithrombotic medicines, including aspirin). About all of your medical conditions including if you are pregnant, breastfeeding, or plan to become pregnant or breastfeed. Kisunla has not been studied in people who were pregnant or breastfeeding. It is not known if Kisunla could harm your unborn or breastfeeding baby. How to receive Kisunla
Kisunla is a prescription medicine given through an intravenous (IV) infusion using a needle inserted into a vein in your arm. Kisunla is given once every 4 weeks. Each infusion will last about 30 minutes.
Learn more
For more information about Kisunla, call 1-800-LillyRx (1-800-545-5979) or go to kisunla.lilly.com.
This summary provides basic information about Kisunla. It does not include all information known about this medicine. Read the information given to you about Kisunla. This information does not take the place of talking with your healthcare provider. Be sure to talk to your healthcare provider about Kisunla. Your healthcare provider is the best person to help you decide if Kisunla is right for you.
DN CON BS APP
Kisunla® is a registered trademark owned or licensed by Eli Lilly and Company, its subsidiaries, or affiliates.
Frequently Asked Questions
How accurate are blood tests for diagnosing Alzheimer's disease? What is P-tau217 and how is it used in Alzheimer's disease diagnosis? How effective is Kisunla in slowing Alzheimer's disease progression? What was presented at the Alzheimer's Association International Conference (AAIC) 2026? About Lilly
Lilly is a medicine company turning science into healing to make life better for people around the world. We've been pioneering life-changing discoveries for 150 years, and today our medicines help tens of millions of people across the globe. Harnessing the power of biotechnology, chemistry and genetic medicine, our scientists are urgently advancing new discoveries to solve some of the world's most significant health challenges: redefining diabetes care; treating obesity and curtailing its most devastating long-term effects; advancing the fight against Alzheimer's disease; providing solutions to some of the most debilitating immune system disorders; and transforming the most difficult-to-treat cancers into manageable diseases. With each step toward a healthier world, we're motivated by one thing: making life better for millions more people. That includes delivering innovative clinical trials that reflect the diversity of our world and working to ensure our medicines are accessible and affordable. To learn more, visit Lilly.com and Lilly.com/news, or follow us on Facebook, Instagram, and LinkedIn. P-LLY
Trademarks and Trade Names
All trademarks or trade names referred to in this press release are the property of the company, or, to the extent trademarks or trade names belonging to other companies are references in this press release, the property of their respective owners. Solely for convenience, the trademarks and trade names in this press release are referred to without the ® and ™ symbols, but such references should not be construed as any indicator that the company or, to the extent applicable, their respective owners will not assert, to the fullest extent under applicable law, the company's or their rights thereto. We do not intend the use or display of other companies' trademarks and trade names to imply a relationship with, or endorsement or sponsorship of us by, any other companies.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about Kisunla (donanemab-azbt) as a treatment for people with early symptomatic Alzheimer's disease and as a potential treatment for patients with cognitively unimpaired Alzheimer's disease and other conditions and reflects Lilly's current beliefs and expectations. However, as with any pharmaceutical product, there are substantial risks and uncertainties in the process of drug research, development, and commercialization. Among other things, there is no guarantee that planned or ongoing studies will be completed as planned, that future study results will be consistent with study results to date, that Kisunla will receive additional regulatory approvals, or that Kisunla will be commercially successful. For further discussion of these and other risks and uncertainties, see Lilly's Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.
References
Alzheimer's Disease International. 2026 Dementia statistics. https://www.alzint.org/about/dementia-facts-figures/dementia-statistics/. Accessed 24 June 2026. Sperling RA, Donohue MC, Rissman RA, et al. Amyloid and Tau Prediction of Cognitive and Functional Decline in Unimpaired Older Individuals: Longitudinal Data from the A4 and LEARN Studies. J Prev Alzheimers Dis. 2024;11(4):802–813. Alzheimer's Association. Stages of Alzheimer's. www.alz.org/alzheimers-dementia/stages. Accessed 24 June 2026. Alzheimer's Association. 2025 Alzheimer's disease facts and figures. Alzheimers Dement. 2025;21(5):3708–3821. Refer to: Gina Goodenough; [email protected] (Media)
Michael Czapar; [email protected] (Investors)
Akcie ServiceNow v první polovině roku klesly o 36 %, protože trh se obává dopadu agentické AI na SaaS. Firma ale hlásí 22% meziroční růst předplatného tržeb v 1. čtvrtletí 2026.
ServiceNow (NOW 1.09%) stock dropped 36% in the first half of the year, according to data provided by S&P Global Market Intelligence. The market has been worried about the impact of agentic artificial intelligence (AI) on software-as-a-service (SaaS) stocks like ServiceNow, but ServiceNow is pushing back with its own AI platform.
Out with SaaS, in with AI? ServiceNow is a major player in organizational management, with more than 8,800 clients who rely on it to manage their workflows. Its platform is embedded into these clients' databases, unifying and automating various workplace processes.
When agentic AI first came out on a major scale a few months back, SaaS stocks plunged. The market has been worried about how SaaS companies will fare if clients can get the same value through AI agents that can be customized to do the same thing.
Image source: Getty Images.
ServiceNow has been ahead of the curve, and it launched its Control Tower product just over a year ago. The Control Tower acts, as the name implies, as a single point connecting all of the client's AI agents and platforms, as well as the rest of the organization. And it uses AI to analyze how it all works and provide insights. After all, even if AI agents can take care of the work of some employees, companies still need to set up, monitor, and manage them. And since it's also based in AI and machine learning, it's continually upgraded to improve along with advances in technology.
At least for now, the response has been positive, and ServiceNow hasn't seen a disruption in its business. It reported a 22% year-over-year increase in subscription revenue in the 2026 first quarter, and management is guiding for similar growth in the second quarter and for the full year.
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Is ServiceNow stock priced to buy? At the current price, ServiceNow stock trades at 64 times trailing 12 months. That's a hefty price tag, but it's actually a lot lower than it's been over the past few years. In fact, it's just off its lowest P/E ratio ever as it starts to climb back higher. Investors have been willing to pay a high premium for the stock, since it has a strong economic moat as the platform of choice for a large percentage of the country's top companies.
That kind of valuation can hardly be called a bargain, especially in the changing AI landscape, but it could still be a defensive play as more workflow goes toward AI, and investors could feel comfortable taking a small position right now.
USA plánují v roce 2026 utratit za obranu 1 bilion USD a v roce 2027 žádají zhruba 1,5 bilionu USD, což by byl největší meziroční nárůst v historii. Z toho mohou těžit Lockheed Martin a RTX díky obřím zakázkám a dlouhodobým kontraktům.
The U.S. plans to spend $1 trillion for defense in 2026, and the 2027 funding request stands at about $1.5 trillion, which would mark the largest year-over-year increase ever if approved. Rising military spending comes amid rising geopolitical tensions, including the U.S.-Iran and Ukraine-Russia conflicts. The U.S. is also looking to modernize the military and bolster the defense industrial base and has allocated capital for space-based missile defense initiatives.
Defense contractors should benefit from growing order books and long-term contracts that provide insight into future earnings. Against this capital-intensive backdrop, defense stocks Lockheed Martin (LMT 1.21%) and RTX Corporation (RTX 0.17%) stand out as beneficiaries due to their strong positions in the industry. Here's what investors need to know.
Image source: Getty Images.
Lockheed Martin's growing platform makes it a defense spending winner Lockheed Martin is a behemoth in the defense industry, boasting a backlog exceeding $186 billion from long-term government contracts. The company has a broad portfolio of offerings, anchored by its flagship F-35 Lightning II jet fighter program, which provides a strong moat that translates into predictable, long-term revenue.
Its F-35 program is projected to cost $2.1 trillion during its 94-year lifecycle and generate roughly a third of Lockheed's revenue. The size and stability of this long-term program help buffer Lockheed's earnings against economic recessions and market volatility and lock in long-term revenue from both jet sales and aftermarket services, including maintenance, repairs, upgrades, and pilot training.
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In addition to the F-35, Lockheed holds a strong position in high-altitude missile defense, serving as the sole prime contractor for the Terminal High Altitude Area Defense (THAAD) weapon system. In late June, the U.S. government formally awarded it a contract for as much as $35 billion over seven years to quadruple the production of its THAAD interceptors.
In another major move, on July 6, Lockheed Martin signed an agreement to acquire Ultra Maritime Solutions for $3.45 billion, giving it a strong foothold in the rapidly growing undersea weapons market. Lockheed acquired the company from Advent International and now controls key undersea defense technologies, including sonobuoys for submarine detection, torpedo defense systems, and uncrewed underwater vehicles.
As military spending ramps up, Lockheed Martin is a top defense contractor that stands to benefit. Its position provides it with steady, predictable revenue that powers steady long-term growth. The company has raised its dividend for 23 consecutive years and yields about 2.6%, making Lockheed a top pick for investors looking to capitalize on growing global defense budgets.
RTX combines defense upside with commercial aerospace stability RTX Corporation boasts an even more impressive backlog of $271 billion, up 25% during the past year. RTX's business spans commercial aerospace and defense, operating three segments: Raytheon, Pratt & Whitney, and Collins Aerospace. As a result, RTX has a more diverse portfolio than pure-play military contractors, balancing defense awards with commercial contracts. Like Lockheed, RTX benefits from its huge backlog that ensures long-term revenue consistency years down the road.
Through Pratt & Whitney, RTX provides aircraft propulsion systems for both commercial aircraft and Lockheed Martin's F-35 Lightning II Joint Strike Fighter, generating high-margin recurring aftermarket revenue. Through Raytheon, the company manufactures the Patriot air defense system, advanced missiles, naval and land radars, and directed-energy weapons. The segment accounts for $109 billion of its enormous backlog.
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The company is seeing robust demand for its air defense systems, and on July 7, it announced it would partner with European manufacturers in Germany and the Netherlands to double the global production capacity for its Stinger surface-to-air missiles. In addition, in late June, it announced a $1.1 billion contract modification to replenish American stockpiles and arm allied nations with tactical missiles.
RTX's large backlog ensures rising earnings in the years ahead, and the company stands to benefit from growing military budgets and long-term demand for aftermarket services through its aerospace business, making it another top defense stock for investors to consider scooping up today.
Reliance za posledních šest měsíců vzrostla o 23,2 % díky rekordním čtvrtletním objemům a akvizicím. V 1. čtvrtletí prodala zhruba 1,673 milionu tun, meziročně o 2,7 % více.
Reliance, Inc.’s (RS - Free Report) shares have rallied 23.2% in the past six months. The company has also outperformed the Zacks Mining - Miscellaneous industry’s 2.8% growth over the same time frame.
The rally was driven by strong first-quarter results, including record quarterly tons sold, with shipments outperforming industry trends and significant acquisitions.
Image Source: Zacks Investment Research
Let’s take a look at the factors that are driving RS stock.
RS Gains From Record Shipments and AcquisitionsReliance reported first-quarter 2026 tons sold of roughly 1.673 million, up 9.4% sequentially and 2.7% year over year, marking its 13th consecutive quarter of outperforming industry shipment trends.
The company continues to benefit from strong demand in non-residential construction, driven by public infrastructure, heavy civil construction, data centers, energy infrastructure and manufacturing projects.
Through its AMI Metals subsidiary, Reliance secured major Department of Homeland Security border wall contracts that are expected to support revenue growth. Demand also remained healthy across automotive toll processing, semiconductors, defense, shipbuilding, industrial machinery and nuclear-related markets, particularly those tied to small modular reactor programs.
Reliance continues to strengthen its growth profile through acquisitions that expand its geographic footprint, product offerings and value-added processing capabilities. Earlier acquisitions, such as Metals USA, Tubular Steel, Best Manufacturing, Ferguson, All Metals, Fry Steel Company and Merfish United, enhanced its service center network and higher-margin product mix.
Recent acquisitions, including Rotax, Admiral Metals, Nu-Tech Precision Metals, Southern Steel Supply, Cooksey Iron & Metal Co. and American Alloy, further increase its presence in attractive U.S. growth markets.
The company ended the quarter with $249.7 million in cash and cash equivalents, up from $216.6 million sequentially, supported by record shipment volumes and strong profitability.
Some better-ranked stocks in the Basic Materials space are CSW Industrials, Inc. (CSW - Free Report) , Idaho Strategic Resources, Inc. (IDR - Free Report) and Albemarle Corporation (ALB - Free Report) . CSW, IDR and ALB carry a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for CSW’s current-year earnings stands at $12.52 per share, implying a 20.6% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average surprise being 3.8%. Shares of the company have plunged around 15.1% in the past six months.
The Zacks Consensus Estimate for IDR’s current-year earnings is pegged at $1.52 per share, implying a 33.3% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average surprise being 68.7%. Shares of IDR have plunged around 33.8% in the past six months.
The Zacks Consensus Estimate for ALB’s current-year earnings is pegged at $13.15 per share, indicating a 1,764.6% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average surprise being 74.5%. Shares of IDR are down around 23.6% in the past six months.
MARA uzavřela dohodu o koupi energeticky napájeného pozemku v Texasu s přístupem až k výkonu 2 GW. Po plném zprovoznění má kapacita MARA vzrůst na zhruba 4,8 GW.
Expands MARA's digital infrastructure platform with access to approximately 2 GW of power capacity
HIF to retain minority ownership in the project
Thousands of jobs expected for Texas
MIAMI, FL and HOUSTON, TX, July 09, 2026 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) (“MARA”), a leading energy and digital infrastructure company, and HIF USA LLC (“HIF”), a leading energy and sustainable fuels company, today announced that they have entered into a definitive agreement under which MARA will acquire from HIF a large-scale powered land site in Matagorda County, Texas, approximately 90 miles southwest of Houston. HIF will continue its advanced fuels development plans on other sites.
The site encompasses more than 1,200 acres and is expected to provide access to up to an initial 1 GW of grid capacity by October 2027 and up to 2 GW by April 2028. The site is well positioned to support next-generation, efficient digital infrastructure development, and has already received interest from potential High-Performance Computing (“HPC”) tenants. MARA intends to develop the site through its previously announced partnership with Starwood Digital Ventures as a large-scale digital infrastructure campus capable of supporting high-performance computing workloads, as well as flexible compute operations, including Bitcoin mining. Upon execution of a lease with an HPC tenant, HIF will retain a minority ownership interest in the project.
The transaction enables HIF to unlock value from infrastructure assets while maintaining participation in the site’s future development and supporting its broader advanced fuels strategy.
Upon full energization, the site is expected to more than double MARA's potential power capacity to approximately 4.8 GW across its portfolio (including the anticipated close of MARA’s previously announced agreement to acquire Long Ridge Energy & Power), further strengthening MARA's position as a developer and operator of large-scale digital infrastructure.
“This transaction advances our strategy of securing strategically located infrastructure assets capable of supporting high-performance compute and bitcoin workloads,” said Fred Thiel, MARA's chairman and CEO. “As demand for digital infrastructure continues to grow, we believe sites with access to reliable, scalable power will become increasingly valuable. This acquisition meaningfully expands our long-term development pipeline and strengthens our ability to support high-performance compute and maximize the value of that power over time. We look forward to working with our partners at the site to deliver on the project buildout and drive long-term value for all our stakeholders.”
Renato Pereira, CEO of HIF USA, said, “We are pleased to welcome MARA to our long-term partnership with Matagorda County, accelerating our commitment to economic investment and jobs for Texans. The development of this digital infrastructure serves as a powerful economic anchor to strengthen Matagorda County and create local career opportunities for a prosperous future. We have given Notice to Proceed for construction on the switchyard to connect the site to the grid. We continue work on our advanced fuels facilities on other sites we control in Texas and worldwide to provide new sources of secure energy supply to meet rapidly growing global demand.”
Site Development Details
Phased construction of the digital infrastructure campus is expected to begin in 2026, contingent upon regulatory approvals.
By combining MARA's expertise in securing and managing large-scale power loads, Starwood Digital Ventures' world-class experience developing and operating data centers, and HIF's history in Matagorda, MARA believes the site is well positioned to support future digital infrastructure opportunities and create long-term value for customers, local communities, and shareholders.
MARA has a proven track record of investing in the communities where it operates while supporting grid reliability and local economic growth. To date, MARA has invested more than $1.2 billion in Texas. MARA intends to continue investing significantly to develop a premier digital infrastructure campus that is expected to support thousands of construction and permanent full-time jobs upon completion.
About MARA
MARA (NASDAQ: MARA) deploys digital energy technologies to advance the world’s energy systems. Harnessing the power of compute, MARA transforms excess energy into digital capital, balancing the grid and accelerating the deployment of critical infrastructure. Building on its expertise to redefine the future of energy, MARA develops technologies that reduce the energy demands of high-performance computing applications, from AI to the edge.
About HIF Global
HIF Global is a world leading e-Fuels company developing large scale infrastructure projects to recycle captured CO₂ and produce synthetic fuels for existing engines. The name HIF reflects the company’s mission: to produce Highly Innovative Fuels that contribute to global energy security. HIF already produces e-Fuels at its HIF Haru Oni facility in southern Chile and is developing large scale projects in the United States, Uruguay, Brazil, Australia, and Chile. For more information, visit www.hifglobal.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical fact, included in this press release are forward-looking statements. The words “may,” “will,” “could,” “anticipate,” “expect,” “intend,” “believe,” “continue,” “target” and similar expressions or variations or negatives of these words are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Such forward-looking statements include, among other things, statements related to the occurrence of any event, change or other circumstance that could give rise to the exercise of any return or forfeiture right under, the purchase agreement entered into in connection with MARA’s acquisition of the site; MARA’s planned development of the site as a digital infrastructure campus; the expected power capacity (including as a result of the agreement to acquire Long Ridge Energy & Power), scalability and performance of the site; the anticipated ability to commercialize the site’s power capacity for high-performance compute and bitcoin workloads; the number of construction and other jobs anticipated to be created; and the anticipated benefits of the transaction to MARA. Such forward-looking statements are based on management’s current expectations about future events as of the date hereof and involve many risks and uncertainties that could cause MARA’s actual results to differ materially from those expressed or implied in these forward-looking statements. Subsequent events and developments, including actual results or changes in MARA’s assumptions, may cause MARA’s views to change. Readers are cautioned not to place undue reliance on such forward-looking statements. All forward-looking statements included herein are expressly qualified in their entirety by these cautionary statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including uncertainties related to market conditions, the risk that the transaction disrupts MARA’s current plans and operations or diverts management’s attention from its ongoing business, the effect of the announcement of the transaction on the ability of MARA to retain and hire key personnel and maintain relationships with others with whom it does business, the effect of the announcement of the transaction on MARA’s operating results and business generally and the other factors discussed in the “Risk Factors” section of MARA’s most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) and the risks described in other filings that MARA may make from time to time with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and MARA specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise, except to the extent required by applicable law.
MARA Company Contact:
Telephone: 800-804-1690
Email: [email protected]
DraftKings spustí 13. července v Albertě online sázky a kasino, čímž rozšíří svou přítomnost v Kanadě na druhou provincii. Současně tam nabídne i značku Golden Nugget Online Gaming.
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) today announced plans to launch its top-rated online sportsbook and casino, along with its Golden Nugget Online Gaming brand, in Alberta on July 13. Alberta will become the second Canadian province and the 34th jurisdiction across North America where DraftKings Sportsbook is available. With the launch, DraftKings Casino will be available in five U.S. states and Golden Nugget Online Gaming casino in four U.S. states, with both brands available in Alberta and Ontario in Canada.
Ahead of the official launch, DraftKings will host a watch party for the World Cup on July 11 at the Wildhorse Saloon in Calgary. The event is part of DraftKings' broader initiative that has brought fans across North America closer to the excitement of the tournament through a series of watch parties in Los Angeles, Dallas, Miami and Hoboken. Each event has featured live match viewing, giveaways and interactive activations designed to create memorable fan experiences.
“We’re thrilled to launch DraftKings Sportsbook and DraftKings Casino, as well as Golden Nugget Online Gaming in Alberta and continue expanding our presence in Canada,” said Greg Karamitis, Executive Vice President and General Manager of Sports at DraftKings. “Alberta is home to a passionate sports fan base, and we’re excited to bring customers across the province our industry-leading sports betting and online casino experiences. Launching during one of the biggest moments in global sports, with the World Cup taking place across North America, makes this an especially exciting time to welcome Albertans to DraftKings.”
To celebrate the launch in Alberta, DraftKings employees will volunteer with Food Banks Alberta and present a $150,000 donation to the organization. The funding will purchase over 40,000 pounds of essential food items to be distributed through Food Banks Alberta's network of member food banks, ensuring resources reach communities both large and small throughout Alberta. This donation will help provide essential food support, including high demand items like fruits and vegetables and baby formula to individuals and families facing hunger, while strengthening local food banks' ability to meet growing demand.
Eligible customers in Alberta will have access to DraftKings’ comprehensive suite of sports betting and online casino offerings. From same-game parlays, live in-game wagering, and special odds boosts on DraftKings Sportsbook to thousands of casino games, including fan-favorite titles like “Wheel of Fortune – Triple Extreme Spin,” exclusive slot titles, as well as progressive jackpots across Golden Nugget Online Gaming and DraftKings Casino, DraftKings delivers one of the industry’s most robust and engaging entertainment experiences.
DraftKings leads the industry in responsible engagement by promoting customer awareness and use of budget and control tools and resources like deposit limits, cool off periods, and self-exclusion to help customers have a fun source of entertainment with a brand they can trust.
The DraftKings Sports and Casino app and Golden Nugget Online Gaming casino app are available to be downloaded today for iOS and Android here and here. Customers can review DraftKings’ Responsible Engagement tools here. For additional problem gambling support or services, Alberta customers can visit GameSense or ABiGaming.ca, or contact the GameSense Info Line at 1-833-447-7523.
About DraftKings
DraftKings Inc. is a digital sports and gaming company created to be the Ultimate Host and fuel the competitive spirit of sports fans with platforms that range across daily fantasy, regulated gaming, prediction markets and digital media. Headquartered in Boston and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator. DraftKings’ mission is to make life more exciting by responsibly creating the world’s favorite real-money games, betting experiences and event contracts trading. DraftKings Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 30 states, Washington, D.C., Puerto Rico, and Ontario, Canada. The Company operates iGaming pursuant to regulations in five states and in Ontario, Canada under its DraftKings brand and pursuant to regulations in four states and in Ontario, Canada, under its Golden Nugget Online Gaming brand. DraftKings also owns Jackpocket, the leading digital lottery courier app in the United States. DraftKings’ daily fantasy sports platform is available in 44 states, Washington, D.C., and certain Canadian provinces. DraftKings' wholly-owned subsidiary GUS III LLC (d/b/a DraftKings Predictions) also operates DraftKings Predictions, offering federally regulated event contracts under CFTC oversight. DraftKings is both an official sports betting and daily fantasy partner of the NHL, PGA TOUR and WNBA, as well as an official daily fantasy partner of NASCAR, an official sports betting partner of the NBA and an authorized gaming operator of MLB. In addition, DraftKings owns and operates DraftKings Network, a multi-platform content ecosystem. DraftKings is committed to delivering responsible engagement tools and resources, while focusing on integrity and customer education.
Velryby hromadí Tether Gold (XAUT): za posledních 24 hodin zaznamenal čistý odtok z burz 17,4 milionu USD, asi 16násobek denního průměru. Abraxas Capital i další peněženky XAUT stahují do vlastní správy.
Crypto whales are accumulating gold again just as spot prices slide. Asset manager Abraxas Capital pulled millions in Tether Gold (XAUT) off exchanges this week, and on-chain data suggests it is not acting alone.
The whale activity comes as gold posts mixed results in July. Prices climbed early in the month, then slipped as US-Iran tensions escalated.
Gold’s Volatility Pushes Traders On-ChainAccording to Onchain Lens, investment firm Abraxas Capital withdrew approximately 3,931 XAUT, worth around $15.96 million, from four major exchanges.
The transfers included 760.244 XAUT ($3.09 million) from Bitfinex, 940.207 XAUT ($3.82 million) from OKX, 230 XAUT ($934,000) from Bybit, and 2,001 XAUT ($8.12 million) from Binance.
Lookonchain also reported that a whale wallet identified as 0xD20E resumed accumulating XAUT after a three-year hiatus. Over the past three days, the wallet withdrew 953 XAUT, valued at roughly $3.93 million, from Binance.
The broader exchange flow data reinforces the trend. Nansen data showed XAUT recorded $17.4 million in net exchange outflows over the past 24 hours, around 16 times its average daily level.
The momentum has also persisted over a longer period. Over the past seven days, XAUT registered net outflows of $34.1 million, more than four times its typical weekly pace.
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XAUT Exchange Outflows By Window, Source: BeInCrypto/NansenSuch sustained exchange withdrawals are generally viewed as a sign of accumulation, as investors moving tokens into self-custody are typically positioning for longer-term holding rather than immediate trading.
The trend is not limited to XAUT. As previously reported by BeInCrypto, Paxos Gold (PAXG) has also posted notable net exchange outflows, suggesting rising demand across tokenized gold assets.
Not All Signals Point UpThe picture is not one-sided. Nansen data shows a meaningful distribution alongside the buying. One holder sold about 2,900 XAUT in 24 hours, worth roughly $11.8 million. Another cut 757 tokens over the same period.
Top XAUT Holders 30-day Net Change, Source: BeInCrypto/NansenTwo of the largest tracked wallets, 0x77134c and 0x28c6c0, each shed more than 5,000 XAUT over 30 days. That selling tempers the bullish read on outflows.
Tether Gold tracks physical bullion, so its direction likely follows spot prices. The next Federal Reserve signal and geopolitical developments may decide whether whale buying holds.
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