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FREMONT, CA / ACCESS Newswire / July 9, 2026 / Aehr Test Systems (NASDAQ:AEHR), a leading provider of test and burn-in solutions for semiconductor devices used in artificial intelligence (AI), silicon photonics, data center, automotive, and industrial applications, today announced it has received an additional follow-on production order from its lead silicon photonics customer for a fully automated FOX-XP® wafer-level burn-in (WLBI) system. The system will support high-volume production burn-in of silicon photonics devices used in AI optical interconnect and hyperscale data center applications.

The order includes Aehr's turnkey FOX-XP multi-wafer WLBI system configured to test up to nine 300mm wafers in parallel together with the fully automated FOX WaferPak® AutoAligner™, enabling automated, high-volume production burn-in with hands-free operation when integrated with an automated wafer handler.

The customer is developing advanced silicon photonics devices used in next-generation optical interconnects and optical I/O architectures for hyperscale AI and cloud data centers and advanced packaging of AI processors and high-performance computing (HPC) devices. These silicon photonics devices enable dramatically higher bandwidth and lower power communication between AI processors, memory, switches, and networking equipment, addressing one of the industry's most significant bottlenecks as AI infrastructure continues to scale. Industry leaders across the AI ecosystem have increasingly identified silicon photonics and optical I/O as key enabling technologies for future AI clusters, rack-scale computing, and chip-to-chip communications to permanently replace copper interconnects that are approaching their practical performance and power limits.

This customer took delivery of its first FOX-XP with fully automated WaferPak Aligner production system in fiscal 2026. The system has now been successfully installed and demonstrated fully automated, hands-free operation integrated with the customer's automated wafer handling equipment and an automated guided vehicle for 300mm wafer FOUP movement. This represents an important production milestone as the customer ramps up manufacturing of its silicon photonics products.

"The successful installation and production qualification of our first fully-automated system with this customer represents another important milestone in our long-term relationship with them," said Gayn Erickson, President and CEO of Aehr Test Systems. "Demonstrating fully hands-free production operation with our integrated FOX-XP platform and automated wafer handling validates not only our technology, but also our ability to support customers as they transition from engineering qualification into high-volume manufacturing.

"We are very pleased to receive this additional follow-on production order early in our new fiscal year. We believe this order reflects the customer's continued confidence in Aehr's FOX-XP platform and represents an encouraging start to fiscal 2027. As AI infrastructure evolves toward optical interconnects and optical I/O, we believe Aehr is well-positioned to support customers that require cost-effective, high-throughput WLBI and stabilization."

Demand for silicon photonics continues to accelerate as hyperscale AI infrastructure expands. Major technology companies and AI infrastructure providers are increasingly adopting optical interconnect technologies to overcome the bandwidth, latency, and power limitations of traditional electrical interconnects. Industry forecasts anticipate significant growth in silicon photonics deployments over the coming years as optical communication moves closer to AI processors and ultimately onto processor packages through optical I/O architectures.

Aehr's FOX-XP platform is designed for high-power wafer-level test and burn-in of advanced semiconductor devices, including silicon photonics integrated circuits, AI processors, power semiconductors, memory devices, sensors, and other leading-edge semiconductor technologies. The FOX-XP system enables parallel burn-in and test of up to nine wafers simultaneously and, when combined with the FOX WaferPak AutoAligner, provides a fully automated production solution that significantly reduces handling time while improving throughput, repeatability, and manufacturing efficiency. The platform utilizes Aehr's proprietary FOX WaferPak Contactors, allowing full-wafer electrical contact and burn-in before singulation to identify infant mortality failures, improve long-term reliability, and lower overall manufacturing costs.

About Aehr Test Systems

Headquartered in Fremont, California, Aehr Test Systems is a leading provider of test solutions for testing, burning-in, and stabilizing semiconductor devices in wafer-level, singulated die, and package-level form, and has installed thousands of systems worldwide. Increasing quality, reliability, safety, and security needs of semiconductors used across multiple applications, including advanced artificial intelligence (AI) processors, silicon photonics, data and telecommunications infrastructure, electric vehicles, electric vehicle charging infrastructure, solar and wind power, computing, and solid-state memory and storage are driving additional test requirements, incremental capacity needs, and new opportunities for Aehr's products and solutions. Aehr has developed and introduced several innovative products including the FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX WaferPak Contactor, FOX DiePak® Carrier and FOX DiePak Loader. The FOX-XP and FOX-NP systems are full-wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize a wide range of devices such as leading-edge silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets, and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices. The FOX-CP system is a low-cost single-wafer compact test solution for logic, memory and photonic devices and the newest addition to the FOX-P product family. The FOX WaferPak Contactor contains a unique full-wafer contactor capable of testing wafers up to 300mm that enables IC manufacturers to perform test, burn-in, and stabilization of full wafers on the FOX-P systems. The FOX DiePak Carrier allows testing, burning in, and stabilization of singulated bare die and modules up to 1024 devices in parallel per DiePak on the FOX-NP and FOX-XP systems up to nine DiePaks at a time. Acquired through its acquisition of Incal Technology, Inc., Aehr's new line of high-power package-level reliability/burn-in test solutions for AI semiconductor manufacturers, including its ultra-high-power Sonoma family of test solutions for AI accelerators, GPUs, and high-performance computing (HPC) processors, position Aehr within the rapidly growing AI market as a turnkey provider of reliability and testing that span from engineering to high volume production. For more information, please visit Aehr Test Systems' website at www.aehr.com.

Safe Harbor Statement

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements generally relate to future events or Aehr's future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "going to," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of these words or other similar terms or expressions that concern Aehr's expectations, strategy, priorities, plans, or intentions. Forward-looking statements in this press release include, but are not limited to, future requirements and orders of Aehr's new and existing customers; Aehr's ability to receive orders and generate revenue in the future, as well as Aehr's beliefs regarding the factors impacting the foregoing, including the growth of the markets referred to herein; Aehr's ability to integrate Incal efficiently; and the timing and extent to which the acquisition is accretive. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in Aehr's recent Form 10-K, 10-Q and other reports filed from time to time with the Securities and Exchange Commission. Aehr disclaims any obligation to update information contained in any forward-looking statement to reflect events or circumstances occurring after the date of this press release.

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Aehr Test Systems

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SOURCE: Aehr Test Systems

Alchemy Pay has expanded its On Ramp service—which enables users to purchase cryptocurrencies with fiat—to Bangladesh. The company has integrated the country’s four largest mobile financial services platforms, paving the way for users to buy crypto assets directly using local digital payment methods.

Leading local payment platforms join Alchemy PayThe new integration enables payments through bKash, Nagad, Rocket, and Upay. Widely used for everyday transactions, these platforms allow users in Bangladesh to access digital assets without the need for international payment methods or traditional bank transfers.

Alchemy Pay emphasized that the move is designed to lower barriers in the payment process and make crypto services more accessible by leveraging local wallets that are already familiar to Bangladeshi users.

Rather than changing local payment habits, the company underlined that its expansion in Bangladesh connects established and trusted mobile wallet infrastructures with crypto purchasing options.

Within Bangladesh’s digital payments ecosystem, bKash stands out with over 50 million registered users. Nagad is one of the fastest-growing platforms, Rocket offers bank-backed mobile finance services, and Upay has significantly extended its coverage in both urban and semi-urban areas.

PlatformKey featurebKashOver 50 million registered usersNagadRapidly growing payment platformRocketBank-backed mobile finance serviceUpayExpanding network in urban and semi-urban areasPart of a broader South Asia expansion strategyThis move furthers Alchemy Pay’s reach in South Asia, enabling direct connections to Bangladesh’s dominant mobile payment networks on behalf of cryptocurrency exchanges, wallets, decentralized applications, and Web3 platforms operating in the region.

Positioned as a payment bridge between fiat currencies and crypto, Alchemy Pay focuses especially on markets with limited access to traditional banking or high adoption of mobile wallets.

Mini glossary: “On Ramp” refers to a payment gateway infrastructure that allows users to buy crypto assets with their local currency. “Web3 platforms” are internet services operating on blockchain technology, supporting wallet connections and digital asset transactions.

Strengthening focus on emerging marketsThe company stated that its move into Bangladesh aligns closely with its growth strategy focused on emerging markets. Previously, Alchemy Pay expanded local payment coverage in Indonesia, Thailand, Malaysia, Brazil, Mexico, Argentina, and the Philippines.

According to the company, Bangladesh’s strong mobile money adoption provides ready-made infrastructure for firms that offer crypto acquisition services, making it easy for users to join the system through familiar payment habits.

Bangladesh is considered one of the most robust mobile money markets in South Asia. Digital wallets are widely used for remittances, bill payments, and retail transactions throughout the country. This structure gives an edge to platforms aiming to reach those with limited access to conventional banking services.

Recently, Alchemy Pay has obtained various regulatory approvals and registrations in jurisdictions including the US, Canada, Indonesia, South Korea, Lithuania, and Hong Kong. The company also acts as an authorized service provider for Visa and participates in the Mastercard Crypto Partner Program.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Cognizant's Frontier workforce model to create the human infrastructure that turns AI investment into enterprise outcomes Backed by decades of running technology and operations at enterprise scale, Cognizant's human capital operating model embeds outcome-owning Frontier talent inside client operations Cognizant Frontier talent operates across any cloud, any model to help close the gap between AI capability and enterprise results , /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading AI Builder and technology services provider, today announced it was committing to scaling its Frontier-certified workforce, the human and operational infrastructure enterprises need to convert AI capability into measurable business results, to 5,000 Frontier Certified Engineers and 10,000 Frontier Business Operators.

Cognizant's people investment will yield its first cohort, which will be both Frontier-assessed and deployment-ready, by fourth quarter, 2026. Cognizant also plans to augment its own Frontier talent pipeline through annual direct hires of Frontier-native talent from American and global universities.

This human capital investment is focused on solving an urgent problem facing enterprises today: most organizations have spent more on AI than on any technology in a generation, and most have little to show for it. Cognizant measures the gap between what AI can deliver and what enterprises actually realize at $4.5 trillion. That gap is not a compute problem. It is a people and process problem, and it will not be closed by provisioning more infrastructure. The required investment is skilling and deploying more Frontier-ready talent into client-oriented delivery to help clients realize a return on their technology investment.

"Closing the AI outcome gap demands talent who not only understands a client's industry deeply but can also reimagine the way work is structured and take end-to-end responsibility for delivering results in collaboration with clients, on any model or cloud the client selects," said Cognizant CEO Ravi Kumar S. "That is what a Frontier workforce does. By taking accountability for outcomes rather than stopping at technology deployment, we can help clients accelerate measurable results while managing risk. Cognizant's industry context and experience position us uniquely to unlock the value that has remained out of reach during this shift toward outcome-based delivery and a new chapter in human capital."

Cognizant's Frontier workforce is model- and cloud-agnostic by design. Its teams build an organization's unique context into whatever stack the client has already chosen, across a partnership footprint that spans Anthropic, OpenAI, Microsoft, Google, AWS, NVIDIA, Salesforce, and ServiceNow. The result is durable capability designed for enterprise ownership and portability across environments, otherwise known as solutions that are geared towards the problems being experienced by our client, not the closest thing a proprietary platform can accomplish.

"AI has exposed 93% of jobs to change, and the associated labor value remains untapped because the workforce architecture built for a pre-AI world cannot capture it. So we rebuilt the architecture for the world we are in now," said Cognizant Chief People Officer, Kathy Diaz. "Industry domain depth is a core strength of Cognizant, and we bring enterprise-scale experience across technology, processes and operations. We know how to take these powerful frontier tools and turn them into real business value, and we are training our workforce to do it at scale."

Cognizant Chief Learning Officer, Thiru Arohi said: "We are developing a new professional identity for the AI era. We are investing in the infrastructure behind this identity: the Academy, the assessment architecture, the certification pathway, and the talent pipeline from campus to senior practitioner. What we are scaling is not headcount, but a workforce capable of closing the outcome gap that no model, platform, or deployment engineer can close alone."

This Frontier model is anchored in six principles: interdisciplinary capability; a direct linkage to customer value; building, deploying, or working alongside agents as routine; end-to-end accountability; delivery through a small operational pod; and a single, unified Cognizant experience for the client. The workforce will be organized as a single premium job family of seven roles across two complementary tracks, Frontier Certified Engineers and Frontier Business Operators:

Frontier Certified Engineers: Frontier Certified Engineers architect and build agentic systems, engineer the retrieval and context layers that keep those systems grounded in domain reality, and orchestrate multi-agent pipelines into live production, remaining accountable for every system they deploy, including ongoing monitoring, tuning and improvement cycles that follow go-live. They are where industry domain expertise, full-stack AI engineering and production accountability converge in a single practitioner. They enter a client environment already fluent in its regulatory constraints, operational failure modes and business logic, and use that fluency to determine not just what AI can do, but what it should do, and how it must be governed to be trusted in alignment with client requirements. Frontier Business Operators: Frontier Business Operators are responsible for delivering operational outcomes in collaboration with client stakeholders in environments where the workforce is simultaneously human and digital, managing agent fleets and human teams against a committed outcome, in real time, with no separation between the two. Their edge is not technical configuration; it is the judgment that comes from having run the operations floors, claims pipelines, and service workflows that AI agents are now being asked to take on. They know how to feed every exception and override back into agent calibration, so the system is continuously refined to improve reliability over time. What sets these roles apart from being forward deployed engineers is permanence, accountability and something that cannot be trained overnight: Cognizant's deep industry domain expertise and the hard-won experience of an AI builder running enterprise operations at scale. The model is already live — a two-person Engineer-and-Operator pod recently reimagined a large food service company's account-management workflow into seventeen production AI agents, reclaiming roughly eleven hours per account manager each week while cutting handoff cycles by about 60 percent and nearly tripling their revenue per engagement.

Underpinning the commitment is a model built to scale and to reach the client. Cognizant stands up local capacity inside client clusters so certified pods deploy close to the work they own, while its global capability centers supply the talent base behind them. The elevation funnel narrows at each stage: from a broad base of AI-fluency skilling across hundreds of thousands of associates, through structured AI-Bridge programs to 40,000 in Frontier certification, credentialed directly by the frontier-model companies, including GitHub Copilot, Google Gemini, Anthropic's Claude, and OpenAI's Codex. Today's announced investment will expand Cognizant's SkillSpring™ capacity, deliver AI-fluency and responsible-AI training across the workforce, and fund embedded client engagements worldwide.

For enterprises, the payoff is measured where it matters most: AI investment converted into business results, delivering value from the technology stack they already run, with accountability through an AI builder firm that lasts well beyond go-live. In committing to the people who deliver those outcomes, Cognizant is making a strategic bet that the defining edge of the AI era will be human and operational, and positioning its clients to pursue the financial return from their technology investment which has eluded them. That is the future of AI: not just capability, but outcomes that endure.

About Cognizant

Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.

For more information, contact:

SOURCE Cognizant Technology Solutions

DENVER, July 09, 2026 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a leader in the Nutritional Snacking Category, today reported financial results for the thirteen and thirty-nine weeks ended May 30, 2026. Third Quarter Summary: (1) Net sales of $357.0 million versus $381.0 million Net loss of $52.0 million versus net income of $41.1 million Loss per diluted share of $0.58 versus earnings per diluted share of $0.40 Adjusted Diluted EPS (2) of $0.42 versus $0.51 Adjusted EBITDA (3) of $57.2 million versus $73.9 million Updating Fiscal Year 2026 (4) Outlook: Net sales expected to range between $1.345 and $1.355 billion, or a decline of roughly 7% to 6% year-over-year Gross margins expected to decline approximately 375 basis points year-over-year Adjusted EBITDA expected to range between $220 and $225 million, or -21% to -19% year-over-year “Our third quarter results reflect initial steps against the turnaround priorities we outlined last quarter.

The Euro to Dollar (EUR/USD) exchange rate has steadied near 1.1425 after recovering from June's lows, although Rabobank believes the single currency has lost much of the momentum that drove its rally earlier this year.

The bank expects EUR/USD to trade broadly sideways over the next one to three months before regaining a modest upward bias later in the year.

Rabobank argues that optimism surrounding Germany's decision to loosen its debt brake has faded as investors refocus on weaker Eurozone growth, higher energy costs and lingering competitiveness challenges.

According to the bank, last year's fiscal shift in Germany "was no panacea", with structural reforms still needed to tackle sluggish productivity and weak long-term growth.

Rabobank also notes that markets are already fully priced for another European Central Bank rate increase this year, limiting the Euro's ability to gain further support from monetary policy.

While the US Dollar continues to benefit from a resilient economy, the bank believes expectations for additional Federal Reserve tightening have become excessive and should gradually unwind.

Even so, Rabobank expects investors to remain reluctant to rebuild large long Euro positions in the coming months after the currency's strong performance over the past year.

The bank believes investors will remain cautious in the near term. According to Rabobank, "the market is likely to be reluctant to rebuild large, long positions in the EUR in the months ahead."

However, it also argues that expectations for further Federal Reserve tightening have become excessive. As the bank puts it, "we expect sideways trading in EUR/USD on a 3-month view and a modest upward bias to emerge in the currency pair on a 3-to-6-month view."

Moderna logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

CompaniesJuly 9 (Reuters) - Moderna (MRNA.O), opens new tab said on Thursday it has secured a European Commission contract to ​supply its respiratory syncytial virus vaccine ‌to six countries in the region.

Here are the details:

Keep up with the latest medical breakthroughs and healthcare trends with the Reuters Health Rounds newsletter. Sign up here.

The agreement gives the participating countries - Austria, ​Denmark, Ireland, Luxembourg, Norway and Portugal - ​access to up to 24 million ⁠doses of the vaccine over as ​many as four years, the company said.

The ​vaccine, mRESVIA, will be supplied in a ready-to-use, single-dose pre-filled syringe, making administration easier for healthcare ​professionals, Moderna said.

The company had a ​similar joint procurement framework agreement with the European ‌Commission ⁠for COVID-19 vaccines last year.

mRESVIA is authorized in the European Union to prevent lower respiratory tract disease caused by RSV ​in adults.

RSV ​is ⁠a common respiratory virus that causes seasonal infections such as ​the flu and is a leading ​cause ⁠of pneumonia and death in infants and older adults.

Moderna has four approved mRNA vaccines for ⁠respiratory ​infections, including a combined ​influenza and COVID-19 vaccine authorized in Europe.

Reporting by Christy ​Santhosh in Bengaluru; Editing by Leroy Leo

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UnitedHealth Group (UNH 0.60%) has been one of the best buys in the healthcare sector over the past two months, with shares rising roughly 57% since the end of March.

The stock price of the nation's largest health insurer is now up 29% year to date and 38% over the past 12 months. It is an impressive bounce-back, considering shares had fallen to a nearly seven-year low of $234.60 per share on Aug. 1 last year.

One year earlier, on Aug. 1, 2024, UnitedHealth traded at $572 per share and reached an all-time closing high of $625 per share on Nov. 11, 2024. From that high, the stock price plummeted a staggering 62% over the next nine months.

Image source: Getty Images.

What brought on UnitedHealth's 61% drop? The precipitous fall has been well documented both on The Motley Fool and elsewhere. It was a confluence of factors that included the shocking murder of Brian Thompson, CEO of the UnitedHealthcare arm, on Dec. 4, 2024.

But at the same time, UnitedHealth's earnings started tanking as the firm was hit by a huge increase in Medicare Advantage costs, driven by a surge in elective surgeries and procedures and by patients likely holding off on procedures since the pandemic. This took a huge bite out of earnings.

Also, its Optum division took a hit due in large part to Medicare funding reductions. On top of that, UnitedHealth had been under investigation by the Justice Department for antitrust concerns and its billing practices.

Finally, amid the sinking ship, the CEO of UnitedHealth Group, Andrew Witty, abruptly resigned in May 2025 after four years serving in the role. It made matters worse that the company suspended its guidance, creating massive doubt and uncertainty for investors.

How UNH bounced back After UNH hit rock bottom last August, it slowly started climbing back up. It was partly because the stock was so cheap. After losing some 60% of its value, its P/E ratio plummeted from about 33 to around 13 last June.

One bright spot was that UNH was able to maintain its dividend and even raised it for the 16th straight year. Investors looking for a cheap, high-yield dividend stock found one in UNH.

The company also made a pivot, focusing less on new enrollments, exiting some markets, and repricing plans to improve profitability.

That pivot started to show in its Q1 earnings report. Revenue rose 2% while earnings fell 1% year over year, but earnings were up significantly from the December quarter. Also, its medical cost ratio (MCR) dropped to 83.9%, down 90 basis points year over year. This is a measure of efficiency, as it means UNH spent less on healthcare for every dollar collected in premiums.

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The company also raised its earnings guidance for this fiscal year to greater than $17.35 per share, up from the previous guidance of $17.10. That would be up from $13.23 per share in 2025.

The strong earnings were one tailwind, but the company also received good news from the federal government, which boosted Medicare Advantage plan rates by 2.48% for 2027. Those rates should directly benefit UnitedHealth by providing it with more money to cover medical costs, potentially increasing profits.

Should you buy UnitedHealth stock? So UnitedHealth has some momentum heading into the second-quarter earnings season, but the fact is, the recent surge has raised UNH's valuation. The P/E ratio is now 32, its highest since March 2025, when the stock price started tanking. There were many other factors at play a year ago that waylaid UNH stock, but the only other time the P/E ratio has been this elevated was around its 2024 peak.

While things are improving, UnitedHealth does not have the kind of earnings power to carry that high multiple. For that reason, I don't think UNH is a particularly good deal right now after this big run-up.

Item 1 of 2 Honeywell Aerospace President and CEO Jim Currier speaks to employees, investors and members of the media at Honeywell Aerospace?s Inaugural Investor Day at Caesars Republic in Scottsdale, Arizona, U.S. June 3, 2026. REUTERS/Caitlin O'Hara/File Photo

[1/2]Honeywell Aerospace President and CEO Jim Currier speaks to employees, investors and members of the media at Honeywell Aerospace?s Inaugural Investor Day at Caesars Republic in Scottsdale, Arizona,... Purchase Licensing Rights, opens new tab Read more

SummaryCompaniesRising European defense spending is driving demand for parts without export roadblocksEuropean countries concerned Washington could block re-export of sensitive US componentsNew Honeywell Aero product announcement expected at Farnborough Airshow, source saysHoneywell Aero also developing non-ITAR technologies for Asia-Pacific partners like Japan and ​South KoreaJuly 9 (Reuters) - U.S. supplier Honeywell Aerospace (HONA.O), opens new tab is looking to add more products designed without restricted U.S. technologies ‌as mounting European defense spending drives demand for parts free from possible export roadblocks.

NATO leaders have unveiled arms deals worth tens of billions of dollars at a gathering in Turkey this week, as they face U.S. demands to spend more to defend Europe and due to pressure from Russia's war in Ukraine.

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Some European defense ​companies and North American suppliers are also expected to discuss demand for parts not governed by U.S. International Traffic in ​Arms Regulations (ITAR) at the world's largest air show later this month.

There is increasing demand among European countries ⁠for ITAR-free systems due to concerns over Washington potentially blocking the re-export of sensitive U.S. components embedded in foreign weapons, according to ​defense officials and industry executives.

Honeywell Aerospace is set to announce a new ITAR-free product for the international defense sector at the Farnborough ​Airshow in Britain later this month, a source told Reuters.

The Arizona-based company declined to comment on an announcement. But it has tasked a combined 1,000 engineers in Poland and the Czech Republic to design ITAR-free technologies, its CEO Jim Currier told Reuters in an interview in late June.

"Part of it is looking, ​acting, feeling and speaking like a European company," he said of doing business in Europe.

"Their main mantra, and drive and edict is ​to design non-ITAR technology for ... local strategy," Currier said of the engineers at the company's European subsidiary.

It comes as U.S. companies such as dronemakers have been ‌expanding in ⁠Europe, while the U.S. this week floated a new missile maintenance facility on the continent and two defense contractors discussed building ATACMS ballistic missiles for the first time in Germany.

INTERNATIONAL EXPANSIONHoneywell Aerospace sees international exposure growing for its defense business, which accounts for about 40% of company revenue and includes navigation systems and actuators for missiles. Last year, international sales accounted for about 30% of the company's defense business, up ​from around 18% in 2020, Honeywell ​Aerospace said.

Currier said Honeywell Aerospace ⁠was using the company's global presence to scale ITAR-free navigational technology from its 2024 acquisition of Italy's Civitanavi.

"That has been the playbook. We are developing non-ITAR technologies for use in the EU and overseas ​for our partners in the Asia-Pacific region, like Japan and Korea," he said.

While European demand for ​ITAR-free components and ⁠parts has existed for years, geopolitical tensions between the U.S. and its NATO allies are underpinning greater calls for the technology.

The Canadian government has said it was made aware during last year's Paris Air Show of greater demand from European defense firms for North American suppliers free from U.S. ⁠ITAR restrictions, ​and such demand has led Canada to attempt further integration into European supply ​chains.

Michael Iacovelli, CEO of Toronto-area aerospace and defense components supplier Ben Machine Products, said more than half of its work is now required by clients to be ITAR-free. ​In contrast, none of its work needed to be ITAR-free in 2018, he said.

Reporting by Allison Lampert in Montreal; Editing by Jamie Freed

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Collaboration advances on-site energy deployment through aligned electrical infrastructure and fuel cell technologies July 09, 2026 07:00 ET  | Source: FuelCell Energy, Inc.; Siemens

WENDELL, N.C. and DANBURY, Conn., July 09, 2026 (GLOBE NEWSWIRE) -- Siemens and FuelCell Energy, Inc. (Nasdaq: FCEL) have announced a collaboration to accelerate the growth of fuel cell-based power generation. The agreement aligns electrical design and supply with fuel cell technologies to support deployment of distributed energy systems.

As part of the collaboration, formalized in a memorandum of understanding, Siemens will design and supply electrical balance of plant (EBOP) systems for fuel cell installations, supporting the rapid deployment of 100+ MW commercial projects.

Siemens’ expertise in EBOP design and integration supports its position as a premier provider of electrical infrastructure for fuel cell-based power solutions. A leading turnkey fuel cell power producer, FuelCell Energy designs, manufactures, operates, and services fuel cell power plants for a range of mission-critical applications globally, including data centers, industrial facilities, utilities, and other distributed generation customers.

The work includes joint project development spanning engineering, integration, and delivery of distributed energy systems incorporating fuel cells, battery energy storage, microgrid controls, and medium-voltage electrical equipment. The companies will evaluate opportunities to scale and deploy solutions that improve timelines, reduce costs, and increase deployments.

“The rapid growth of electrification and distributed energy is redefining how power must be delivered at scale,” said Kevin Brown, Head of Sustainability Solutions, Electrification and Automation, at Siemens Smart Infrastructure USA. “By combining FuelCell Energy’s fuel cell technology with Siemens’ electrical infrastructure, service, and integration expertise, we can deliver scalable, on-site power solutions for energy-intensive applications – helping customers deploy power faster, scale with confidence, and advance their transition to lower-emission, more resilient energy systems.”

FuelCell Energy’s Chief Product and Technology Officer, Shankar Achanta, said, “This collaboration with Siemens enables us to deliver what the market has been asking for—bringing generation and electrical infrastructure together into a single, scalable solution. For customers, that means reliable, on-site power that is faster to deploy and built to scale, beginning with the data centers driving today’s demand.”

Additional efforts include pilot projects and solution development initiatives to assess new applications for fuel cell systems and electrical infrastructure, including medium-voltage DC power delivery and modular electrical systems. The agreement defines a path to transition successful pilot outcomes into full-scale commercial deployments, including the identification of target markets and deployment approaches.

Press Contacts

About Siemens

Siemens Corporation is a U.S. subsidiary of Siemens AG, a leading technology company focused on industry, infrastructure, transport, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably.

In fiscal year 2025, which ended on September 30, 2025, the Siemens Group USA generated revenue of $24.427 billion with 25 manufacturing sites across the U.S. and more than 50,000 employees serving customers in all 50 states and Puerto Rico.

Siemens Smart Infrastructure (SI) is shaping the market for intelligent, adaptive infrastructure for today and the future. It addresses the pressing challenges of urbanization and climate change by connecting energy systems, buildings, and industries. SI provides customers with a comprehensive end-to-end portfolio from a single source – with products, systems, solutions, and services from the point of power generation all the way to consumption. With an increasingly digitalized ecosystem, it helps customers thrive and communities progress while contributing toward protecting the planet. To protect this journey, we foster holistic cybersecurity to ensure secure and reliable operations. Siemens Smart Infrastructure has its global headquarters in Zug, Switzerland, and its U.S. corporate headquarters in Peachtree Corners, Georgia, USA. As of September 30, 2025, the business had around 79,400 employees worldwide.

About FuelCell Energy 

FuelCell Energy, Inc. (NASDAQ: FCEL) is an American clean energy technology company delivering continuous, scalable baseload power for mission-critical applications globally. The company’s fuel cell systems generate electricity directly at the point of use, enabling reliable, low-emissions power for data centers, industrial facilities, utilities, and distributed generation customers. FuelCell Energy delivers commercially proven, modular, utility-scale systems—backed by global fuel cell deployments approaching one gigawatt. Learn more at www.FuelCellEnergy.com. 

So far this month, Cathie Wood's various Ark exchange-traded funds (ETFs) have bought about $9.1 million worth of stock in Kratos Defense & Security Solutions (KTOS +0.08%). With her recent buying, the position has grown to be the tenth largest across all Ark Invest ETFs, worth just north of $110 million as of the time of this writing.

That's a lot of enthusiasm for a defense company whose shares are down more than 33% this year. Yet even after that decline, it still trades at nearly 300 times trailing earnings -- a hefty premium. If you're wondering what Wood is seeing that other investors are overlooking, here are three reasons why the stock may be a buy.

Image source: Getty Images.

Drones have proven their worth The Iran and Ukraine wars have shown the importance of drones, which have evolved from expensive supporting assets into the central drivers of attrition, surveillance, and strategy on the 21st-century battlefield. Drones that are (relatively) cheap have often defeated costly electronic defense systems, inverting the economics of air defense.

Kratos specializes in tech-driven defense hardware, including artificial intelligence-controlled combat drones priced at $3 million to $5 million, significantly less expensive than manned fighter jets, which cost more than $100 million apiece. The company had a $2 billion backlog of orders as of the end of the first quarter, and the Pentagon's fiscal 2027 budget request includes more than $70 billion specifically for military drones and anti-drone weapon systems, the technologies that Kratos directly addresses.

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Kratos's Valkyrie XQ-58A has established the company's competitive edge as a proven supplier in the evolving drone warfare landscape. It's designed to fly sorties in conjunction with crewed fighter jets, during which it can scout ahead, absorb enemy fire, and deploy weapons.

The company, recognizing the rising demand for drones from the Pentagon and America's international allies, announced on July 6 that it is building a 106,000-square-foot expansion of its Oklahoma City manufacturing plant to increase jet drone production.

Kratos is a key player in the drone trend Kratos is seen as an Nvidia equivalent in the drone warfare arena -- a key player in a field where artificial intelligence capabilities are redefining operational effectiveness. As the U.S. military increases its use of drone technology, it is looking for cost-effective solutions of a type that larger defense contractors have struggled to provide.

Kratos is expected to face increased competition from the likes of General Atomics, Anduril Industries, and Boeing, but its specialization in affordability and its rapid product development cycles give it a strategic edge. As military operations continue to adapt to the realities of modern warfare, companies that can deliver effective solutions at lower costs will likely capture larger portions of defense spending.

Kratos is already financially on solid ground For the first quarter, Kratos reported revenue of $371 million, up 22.6% year over year, while earnings per share rose by 133% to $0.07. The company is forecasting full-year revenue between $1.7 billion and $1.76 billion, up 29% at the midpoint. It also predicts that its adjusted earnings before interest, taxes, depreciation, and amortization will land between $170 million and $176 million, up 44% at the midpoint.

The company isn't just a drone manufacturer; it has landed several high-value contracts across its core divisions this year, spanning space systems, rocket propulsion, air defense, and unmanned aerial targets.

Its biggest contract came in March from the U.S. Space Force, a $468 million follow-on Other Transaction Agreement. Kratos will build the essential ground management software and system infrastructure to support the military's Resilient Missile Warning and Tracking satellite constellation in medium Earth orbit.

Buying at the right time Wood knows a good deal when she sees it, and many of her Kratos buys this year have come after the stock has fallen. Kratos operates at the nexus of the long-term trend toward the greater use of unmanned defense hardware.

The company's focus on low-cost manufacturing is endearing it to the Pentagon, and its expansion plans put it on track to scale up drone production. It's also important to note that it has a relatively broad product base, including counter-drone technology and infrastructure that connects orbital satellites to military networks. That diversity should serve the company well in the long run.

While its high price-to-earnings ratio is concerning, it is seen as a growth stock with great long-term potential.

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Signatera is the first personalized molecular residual disease (MRD) test for solid tumors to receive IVDR certification in the EU

AUSTIN, Texas--(BUSINESS WIRE)--Natera, Inc. (NASDAQ: NTRA), a global leader in cell-free DNA and precision medicine, today announced that Signatera has received certification as a Class C device under the European Union’s In Vitro Diagnostic Regulation (IVDR).

The IVDR represents one of the world’s most rigorous regulatory frameworks for in vitro diagnostic medical devices, replacing the outgoing In Vitro Diagnostic Medical Devices Directive (IVDD). To obtain certification, the Signatera platform — including the assay, specimen collection kit, and associated software — underwent a comprehensive review against some of the most stringent standards in the medical industry, including evidence of analytical and clinical validity, as well as quality system management.

IVDR certification reduces the lead time and regulatory overhead for launching new clinical trials, and it ensures that Natera can continue offering Signatera to EU patients after the IVDD transition deadline in 2028.

Under this certification, Signatera is indicated for use in the adjuvant and surveillance settings across gastrointestinal malignancies, genitourinary malignancies, non-small cell lung cancer, head and neck cancer, breast cancer, skin cancer, gynecological malignancies, diffuse large B-cell lymphoma, indolent non-Hodgkin's lymphomas, and pan-cancer immunotherapy monitoring.

Certification was supported by extensive clinical and analytical evidence demonstrating Signatera’s performance across multiple tumor types and clinical settings. It follows two significant regulatory milestones for the Signatera portfolio: in June 2026, Signatera received approval from Japan’s Pharmaceuticals and Medical Devices Agency (PMDA) for patients with colorectal cancer; and in May 2026, the U.S. Food and Drug Administration approved Signatera™ CDx as a companion diagnostic for patients with muscle-invasive bladder cancer.

“MRD testing is redefining how we assess recurrence risk and guide treatment decisions for patients with cancer,” said Julien Taieb, M.D., Ph.D., head of the gastroenterology and gastrointestinal oncology department at the Université Paris-Cité. “This certification for Signatera is an important milestone as it will enhance access to personalized MRD testing for patients across Europe within a more rigorous regulatory framework.”

“Achieving IVDR certification is a key milestone in Natera’s plan to bring Signatera MRD testing to Europe,” said Solomon Moshkevich, president, clinical diagnostics at Natera. “Backed by extensive clinical evidence across multiple cancer types, this builds on our recent regulatory approvals in both the United States and Japan.”

About Natera

Natera™ is a global leader in cell-free DNA and precision medicine, dedicated to oncology, women’s health, and organ health. We aim to make personalized genetic testing and diagnostics part of the standard-of-care to protect health and inform earlier, more targeted interventions that help lead to longer, healthier lives. Natera’s tests are supported by more than 400 peer-reviewed publications that demonstrate excellent performance. Natera operates ISO 13485-certified and CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendments (CLIA) in Austin, Texas, and San Carlos, California, and through Foresight Diagnostics, its subsidiary, operates an ISO 27001-certified and CAP-accredited laboratory certified under CLIA in Boulder, Colorado. For more information, visit www.natera.com.

Forward-Looking Statements

All statements other than statements of historical facts contained in this press release are forward-looking statements and are not a representation that Natera’s plans, estimates, or expectations will be achieved. These forward-looking statements represent Natera’s expectations as of the date of this press release, and Natera disclaims any obligation to update the forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially, including with respect to our efforts to develop and commercialize new product offerings, whether the results of clinical or other studies will support the use of our product offerings, the impact of results of such studies, our expectations of the reliability, accuracy, and performance of our tests, or of the benefits of our tests and product offerings to patients, providers, and payers. Additional risks and uncertainties are discussed in greater detail in "Risk Factors" in Natera’s recent filings on Forms 10-K and 10-Q, and in other filings Natera makes with the SEC from time to time. These documents are available at www.natera.com/investors and www.sec.gov.

More News From Natera, Inc.

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Sandisk (SNDK +6.77%) has been, by far, the best-performing stock in the S&P 500 this year. The flash memory maker has benefited from the ever-growing demand for memory and storage from AI data centers. The deep imbalance between supply and demand has allowed the company to boost its prices to a remarkable degree, and buyers keep snapping up its products.

And memory prices could surge even higher: Morningstar analyst William Kerwin expects to see that they rose by more than 100% overall in Sandisk's just-ended fiscal 2026, and predicts a nearly 100% rise from there in its fiscal 2027.

There's no doubt that's incredibly good for Sandisk's business. But the stock market is always forward-looking. Investors need to ask whether that predicted growth is already priced into the stock and whether the company can exceed expectations.

Image source: Getty Images.

Is Sandisk stock a buy right now? The memory market has a history of being extremely cyclical. When memory is in short supply, prices soar, and producers commit to building new fabrication facilities to meet demand. But as those fabs come online, the market tends to get hit with a glut of supply, and memory prices plunge. In just a few years, companies can go from extremely profitable, like Sandisk is today, to making pennies per share or even losing money.

Sandisk hasn't been trading as a stand-alone company for long -- it was spun off from Western Digital in February 2025 -- so there's not a lot of history to go on. But after that spinoff, Sandisk released some data that gave investors a good look at what a down cycle can look like for the company. It went from a $1 billion net profit in fiscal 2022 to a $2 billion net loss in fiscal 2023. It was still a loss-making operation in fiscal 2024 and fiscal 2025. It wasn't until the current fiscal year that Sandisk began to see demand spike and prices shoot higher, resulting in a strong gross margin and total profits.

When the current cycle collapses, Sandisk could sink back toward unprofitable territory. The company is investing significant amounts in its own operations and its joint venture with Kioxia. It also spends a steady amount -- over $1 billion per year -- on research and development. Those costs are unlikely to change even when revenue starts declining. They didn't in 2023 or 2024.

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Despite management's efforts to mitigate downside risk by signing long-term contracts with large buyers of its memory products, it could face significant pressure on profits as the supply-and-demand imbalance evens out. The long-term trend is for Sandisk to charge less per terabyte of memory over time. So, demand for storage will have to significantly outpace price declines over time, given the company's additional overhead and production costs.

Sandisk stock has sold off by more than 25% from its peak amid a broader semiconductor stock decline. Despite the lower price per share, it still looks fairly expensive for a cyclical stock near the peak of its earnings cycle. Despite the potential for memory prices to double again in the coming year, investors need to consider what comes when the supply-and-demand equilibrium swings back in the other direction. Indeed, Wall Street's estimates for Micron's fiscal 2028 earnings are currently below those for fiscal 2027. And 2029 could see a huge revenue collapse. At the current price, the stock looks far too expensive to take that long-term risk.

With all the excitement around Space Exploration Technologies, or SpaceX, still fresh in investors' minds, it's understandable if Tesla (TSLA 2.18%) has somewhat faded from investor attention. However, that shouldn't detract from the fact that there's been news on the company recently, some of it good, some bad, and more to come in the near term.

First, the bad news on Tesla Tesla is behind schedule on its robotaxi rollout. While recognizing that the rollout is not entirely under the company's control, the reality is that investors key in on what management tells them. Unfortunately, Tesla is not a company known for underpromising and overdelivering, especially when it comes to the robotaxi rollout.

Image source: The Motley Fool.

Back on an earnings call in July 2025, CEO Elon Musk said, "I think we'll probably have autonomous ride-hailing in probably half the population of the U.S. by the end of the year." Furthermore, going back to the fourth-quarter earnings presentation in January, the company said the robotaxi "status" for seven cities was "H1 2026." That was later changed to "ramping unsupervised" for Dallas and Houston, and "preparations underway" for Phoenix, Miami, Orlando, Tampa, and Las Vegas.

Having passed the half-year mark, only Miami has been added to the list of cities with unsupervised robotaxis (and only in a limited section of Miami), after Dallas and Houston were added in the first quarter and Austin in the last quarter.

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Does it matter? Whichever way you look at it, Tesla is behind management's previous proclamations on timelines. This matters because investors pencil in the company's earnings and cash flows based on these projections, which then need to be pushed back when timelines are not met. As such, it's not surprising that Tesla's stock price is down 6.7% as of this writing in 2026.

Moreover, investors will need to be patient with robotaxi as Musk was clear in the last earnings call in April that "I think it's not going to make sense for us to deploy unsupervised FSD or robotaxi large scale when we know that there are major architectural improvements to the software that can improve safety," and this implies waiting for v15 of its full-self driving (FSD) software, which Musk expects "hopefully by the end of this year, but certainly by early next year."

Clearly, the key question regarding the robotaxi during the upcoming earnings call is the current status of v15 FSD.

Image source: Tesla.

Tesla's second-quarter delivery total of more than 480,000 blew away the Wall Street consensus of about 406,000. While the bears will be quick to remind the bulls that Tesla isn't a car company (a long-held bullish argument), the reality is that it is good news for Tesla.

Not only does it confirm that the company has moved past the Model Y refresh issue that slowed sales last year, but it also shows it's retaining its market position even as rivals are scaling back their EV plans after failing to gain market share.

Moreover, some back-of-the-envelope calculations show that the 74,000 extra units above Wall Street estimates (assuming an average revenue per unit of $43,000) will result in $3.18 billion in "extra revenue." Given that Tesla's operating cash flow margin was about 15.6% in 2025 and assuming the extra deliveries are capital-spending-neutral, this could result in $500 million in "extra" free cash flow.

That will help derisk Tesla's capital spending plans, which include $25 billion in 2026. As such, the good news on deliveries helps derisk the company's plans.

Earnings season is about to begin, and Delta Air Lines (DAL 1.51%) is one of the first big names up. The carrier reports second-quarter results Friday, July 10, before the market opens, among the earliest S&P 500 companies to do so. With the stock up about 35% this year as of this writing, is it worth buying ahead of the report?

Let's look at what Delta told investors last quarter, what it has guided for this one, and how the valuation stacks up.

Image source: Getty Images.

What Delta set up last quarter When Delta reported March-quarter results in April, the headline was demand. Adjusted revenue rose 9.4% year over year to a record $14.2 billion for the period, and adjusted earnings per share came in at $0.64. Free cash flow was a healthy $1.2 billion. The company also kept paying down debt, trimming adjusted net debt to $13.5 billion, below where it stood in 2019.

More important for Friday is what management guided toward for the June quarter. Delta called for revenue up in the low teens year over year, an operating margin of 6% to 8%, and adjusted earnings per share of $1.00 to $1.50. It expects to lead the industry with about $1 billion in profit for the quarter.

CEO Ed Bastian struck a confident tone.

"In the June quarter, we expect to lead the industry with $1 billion of profit," he said in the company's March-quarter release. He added that while a recent fuel spike is pressuring earnings, "this environment ultimately reinforces Delta's leadership."

That last point is the swing factor. Delta's June-quarter guidance already bakes in higher fuel costs. It assumed all-in fuel of about $4.30 per gallon, and management responded by pulling back on capacity growth to protect margins. So the question Friday isn't just how strong demand was. It's whether Delta held its profit line against a costlier fuel backdrop.

It's also worth remembering how Delta makes its money. Beyond main-cabin ticket sales, the airline leans on a lucrative co-branded credit card program and a growing premium-cabin business. Those higher-margin revenue streams are a big reason Delta consistently out-earns the rest of the industry, and they're part of why management can guide to a $1 billion quarter even with fuel working against it.

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Does the setup make the stock a buy? Here's where valuation comes in, and it's the most compelling part of the story. At about $92 per share, Delta trades at roughly 13 times trailing earnings. That's well below the broader market's multiple of more than 20. Rival United Airlines is cheaper still, at about 12 times earnings. In other words, the market is pricing airlines like cyclical, low-quality businesses even as Delta generates industry-leading profits and real free cash flow.

That gap is the bull case. If Delta keeps producing $1 billion quarters and paying down debt, a low-teens earnings multiple looks too cheap for the strongest operator in the group. And the company has given itself levers to defend margins, from cutting capacity to recapturing fuel costs, instead of leaning on strong demand alone.

But should you buy specifically to catch Friday's report?

I'd be careful there. No one can know how a stock will react to a single earnings release, and buying just ahead of one is closer to a coin flip than an investment. Delta delivered last quarter's results within its own guidance despite a fuel spike, but a soft read on demand or an ugly fuel number could send shares lower regardless of how cheap they look.

Overall, I think Delta is an attractive stock at about 13 times earnings for investors willing to hold through the sector's cyclical swings. But the decision shouldn't hinge on Friday's report. Only consider the stock if you like the business and its valuation from a long-term perspective, because there's no way to know how the stock will react after the earnings report drops.

Shares of Palantir Technologies (PLTR 1.57%) got pummeled during the first six months of 2026, with shares plunging 34%, according to data provided by S&P Global Market Intelligence. That's a far cry from the 10% gains of the S&P 500.

Artificial intelligence (AI) stocks have been taking a breather over the past year as investors have grown more discriminating, casting a wary eye on stocks with frothy valuations and looking for the "next big thing." However, Palantir's stellar results and its lower stock price have combined to bring its valuation back to Earth, making the price more reasonable than it's been in some time.

Is the worst over? Let's take a look.

Image source: Getty Images.

The numbers paint a compelling picture Since the start of this year, Palantir has delivered two quarterly financial reports, and each has been better than the last.

For the fourth quarter -- which was reported in early February -- Palantir delivered record revenue that surged 70% year over year and 19% quarter over quarter to $1.4 billion. This marked the 10th successive quarter of accelerating growth. This drove adjusted earnings per share (EPS) of $0.25.

Driving the results was demand for the company's Artificial Intelligence Platform (AIP). U.S. government revenue of $507 million climbed 66% to $570 million, while U.S. commercial revenue -- which includes AIP -- soared 137% to $507 million. Perhaps more telling was Palantir's remaining performance obligation (RPO), commonly called backlog, which surged 143% to $4.21 billion. This shows the company is building a solid foundation for the future.

Palantir's first-quarter results, reported in May, were even better. Revenue jumped 85% year over year to $1.63 billion -- marking the company's highest-ever year-over-year growth rate. This fueled adjusted EPS that surged 154% to $0.33.

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While U.S. government revenue grew an impressive 84% year over year, U.S. commercial revenue flew even higher, soaring 133% year over year, as demand for AIP continued to lead the way. At the same time, its RPO jumped 134%. Its Rule of 40 score, which illustrates the balance between the company's strong growth and increasing profitability, reached rarified territory of 145% -- when any number above 40% is considered healthy.

Not only is Palantir attracting new customers, but is also expanding its relationships with existing users, as evidenced by its net dollar retention rate of 150%. Put another way, existing customers spent 50% more, on average, in Q1 than in the year-ago quarter.

Investors have been watching closely over the past year, concerned that AI adoption had peaked, but the evidence clearly suggests otherwise. Palantir increased its full-year 2026 financial guidance and is now anticipating 71% revenue growth, up from its earlier forecast of 61% issued earlier this year.

To the untrained eye, the stock appears somewhat pricey, selling for 149 times earnings -- but that doesn't account for Palantir's accelerating high-double-digit growth. Using the more appropriate price/earnings-to-growth (PEG) ratio -- which factors in the company's phenomenal growth rate -- returns a multiple of 0.52, when any number less than 1 signals an undervalued stock.

Taken together, Palantir's stellar track record, accelerating growth, and moderating valuation make the case that the stock is a buy.

Blockchain Comes to American Product CertificationU.S. supply chain firm Made In USA Inc. has selected the $XRP Ledger as the foundation for a new product verification and certification platform, marking one of the more concrete enterprise applications to emerge on the network in recent months.

The company disclosed the transaction in a Form 8-K filing dated June 26, 2026, stating that it acquired the technology assets from its affiliate, Made in USA One LLC, in exchange for 5 million restricted shares of common stock. The transferred assets include blockchain infrastructure, artificial intelligence-based verification technology, intellectual property, digital authentication tools, proprietary domains, and supply chain software that will form the foundation of the new platform.

By combining artificial intelligence with XRPL's blockchain infrastructure, the platform will create tamper-resistant digital records that verify the origin and authenticity of American-made products, offering greater trust for manufacturers, retailers, regulators, and consumers.

Hybrid Architecture Balances Privacy and TransparencyA key feature of the platform is its hybrid blockchain architecture, which combines both public and private XRP Ledger networks. Sensitive commercial information will remain on private XRPL infrastructure, while cryptographic proof of product authenticity will be anchored to the public XRP Ledger. This approach is intended to preserve enterprise privacy while enabling independent verification of product records through a public blockchain.

The initiative reflects a broader trend in which blockchain networks are increasingly being deployed for enterprise applications extending beyond digital payments. Businesses are adopting distributed ledger technology for supply chain management, digital identity, asset tokenization, and product authentication as demand grows for transparent and secure record-keeping systems.

The acquisition also highlights the expanding role of the XRP Ledger within enterprise infrastructure. Recent industry developments have demonstrated growing adoption of XRPL for business-focused applications, including artificial intelligence integrations, digital identity solutions, tokenized assets, and commercial supply chain management.

Sources
Coinpaper: Made in USA Inc. Acquires XRP Ledger Tech Stack for Supply Chain
CoinTrust: Made in USA Inc. Expands XRPL Supply Chain Platform

Key Takeaways XRP declined 4.32% to approximately $1.07 on July 8 following Trump’s announcement ending the US-Iran ceasefire The geopolitical escalation sparked over $400 million in cryptocurrency liquidations across the market XRP experienced $8.61 million in long position liquidations — the largest since June 25 XRP spot ETFs registered no capital inflows on both July 6 and July 7 Critical support zone exists at $1.00–$1.05; breaking below could send XRP down to $0.90 XRP experienced a significant downturn on July 8 after President Donald Trump announced the termination of the ceasefire agreement between the United States and Iran. During remarks at the NATO Summit in Ankara, Trump referred to Iranian leadership as “scum” and stated his unwillingness to continue diplomatic negotiations.

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The United States had conducted strikes against 80 Iranian targets on July 7, in retaliation for Iranian assaults on commercial vessels navigating the Strait of Hormuz. Trump simultaneously reinstated oil sanctions against Iran, which had been suspended when a 60-day ceasefire was established on June 17.

Oil markets responded with prices rebounding to the June 24 peak of $74 per barrel. Cryptocurrency markets moved inversely as investors liquidated risk-sensitive assets.

XRP descended 4.32% during the trading session, hovering around $1.07 at press time. The selloff resulted in $8.61 million worth of long position liquidations in XRP — marking the highest liquidation volume since June 25. The broader cryptocurrency ecosystem witnessed more than $400 million in total liquidations.

XRP Price Crypto analyst ChartNerd (@ChartNerdTA) highlighted that $XRP has developed a hidden bearish divergence pattern on the daily chart, cautioning that XRP must recapture the $1.15 level promptly or face a probable retreat toward $1.00. This forecast has proven accurate thus far.

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Technical Indicators Signal Bearish Momentum XRP has dropped beneath its 20-day exponential moving average of $1.11, indicating bearish short-term momentum. The Awesome Oscillator has shifted to red bars, confirming that sellers currently dominate market sentiment.

Immediate support is located at the June 30 low of $1.03. Below that threshold lies the psychologically important $1.00 mark. For bulls to regain control, XRP would need to close above $1.11 for three straight days. Such a move could potentially enable a recovery toward the July 4 peak of $1.18.

As of early July 9, XRP is changing hands around $1.09, consolidating within a narrow trading band. Declining peaks at $1.1133, $1.0993, and $1.0932 demonstrate that sellers continue to suppress upward momentum.

Institutional Interest Remains Subdued Ripple secured regulatory approval in Luxembourg on July 5, achieving full compliance with Europe’s MiCA framework. However, this regulatory milestone has failed to stimulate institutional interest.

Spot XRP ETFs recorded zero net inflows on both July 6 and July 7. CME XRP futures activity totaled merely 635 contracts on July 7 — representing the weakest trading volume since June 12.

Source: SoSoValue The XRPBTC trading pair is also testing support around 1,700 satoshis, indicating persistent underperformance relative to Bitcoin.

Key Highlights Ethereum has rallied approximately 10% throughout July, yet underlying demand signals remain subdued Binance holdings expanded by 221,000 ETH from late June onward, adding to tradable inventory Large holder transaction volumes have fallen to “Whale Left” territory according to CryptoQuant metrics Spot Ethereum ETFs in the United States recorded consecutive inflows over four sessions, accumulating $91.5 million A decisive move above $1,803 resistance (the 50-day EMA) is necessary for ETH to target $2,400 Ethereum has managed to climb roughly 10% since July began, yet the upward momentum appears increasingly precarious. Evidence from various market indicators suggests buyer participation exists but lacks conviction.

Ethereum (ETH) Price The Net Unrealized Profit/Loss (NUPL) indicator has improved from -0.46 to -0.30, signaling that while holders remain underwater on their positions, losses have contracted somewhat compared to previous levels.

Spot Ethereum exchange-traded funds in the United States experienced their first streak of positive net flows since early May, recording four straight days of capital entry. SoSoValue data confirms these combined inflows reached $91.5 million.

While encouraging on the surface, historical patterns indicate sustained ETF capital influx over extended periods is required to catalyze significant price appreciation. Current activity falls short of that threshold.

Crypto analyst Ash Crypto noted on X that ETH has retreated 6% from recent peaks following rejection at the 50-day moving average. He highlighted critical support zones at $1,670 and $1,500, emphasizing that reclaiming the MA 50 and breaking through $1,850 are essential steps toward reaching $2,400.

$ETH down 6% from recent high after rejection from resistance and the daily MA 50.

Next Supports:
– $1,670
– Strong support at $1,500

ETH needs to jump back above the MA 50 and $1,850 for further bullish momentum toward $2,400. pic.twitter.com/eCWlrcEBhO

— Ash Crypto (@AshCrypto) July 8, 2026

Large Holder Activity Contracts Data from CryptoQuant reveals that average whale transaction size declined from approximately 1,500 ETH per trade in mid-May to roughly 1,000 ETH currently, entering territory the analytics platform designates as “Whale Left.”

This retreat by institutional and high-net-worth participants reduces the volume of substantial orders flowing through markets. The resulting environment leaves pricing more vulnerable to smaller transactions, potentially amplifying near-term price swings.

Addresses containing between 10,000 and 100,000 ETH did absorb approximately 100,000 ETH during the previous week. However, total balances in this cohort have remained essentially unchanged across the past three weeks, indicating accumulation has not intensified.

Growing Supply on Trading Platforms Binance’s Ethereum reserves expanded from 3.64 million ETH to 3.87 million ETH since late June concluded—a notable addition of 221,000 ETH representing one of the more substantial reserve buildups observed in recent months.

Source: CryptoQuant Expanding exchange inventories signal greater availability of ETH for immediate market transactions. While this doesn’t guarantee imminent selling, it introduces additional supply-side pressure into a market already demonstrating fragility.

The Coinbase Premium Index, which measures sentiment among United States-based traders, has recovered from -0.169 to -0.076. Despite improvement, the negative reading indicates American buyers continue transacting at discounts relative to international markets.

ETH currently trades in the $1,740 to $1,777 range, maintaining position above the 20-day EMA situated at $1,714. Open interest in derivatives markets has remained stagnant, suggesting leveraged participants are adopting a wait-and-see approach.

A crypto user has lost nearly $1 million after approving a malicious Ethereum transaction that gave scammers access to drain almost the entire wallet balance, adding to hundreds of millions of dollars in phishing losses recorded this year.

Summary

A crypto user lost nearly $1 million after approving a malicious Ethereum transaction that allowed scammers to drain the wallet. Phishing scams caused $723 million in losses across 248 incidents in 2025 as approval based attacks continued targeting crypto users. The latest theft follows another multimillion dollar onchain loss, highlighting separate risks from phishing approvals and flawed transaction routing. According to blockchain security platform Scam Sniffer, the victim lost 999,999 Tether (USDT) in an Ethereum phishing token approval scam on Wednesday after signing a malicious approval request.

— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) July 9, 2026 On-chain data showed the attackers first attempted to withdraw a rounded $1 million through multicall transactions, but the transfer failed because the wallet held slightly less than that amount.

Seconds later, the attackers adjusted their script and successfully withdrew the wallet’s exact remaining balance.

“The script recalculated and pulled the exact remaining balance,” Scam Sniffer said.

Phishing approvals continue draining crypto wallets Security researchers say approval phishing remains one of the most common social engineering attacks in crypto because users unknowingly grant unlimited spending permissions while believing they are approving a harmless transaction.

According to blockchain security firm CertiK, phishing scams caused $723 million in losses across 248 incidents during 2025. In these attacks, victims are typically tricked into signing malicious token approvals, allowing attackers to move funds from their wallets without requiring another signature.

The latest incident follows another major wallet compromise reported earlier this month. In that case, a crypto holder lost about $1.65 million after connecting to a fake exchange and signing a malicious smart contract.

“The approval gave attackers unlimited access, enabling an automated sweeper to drain funds,” researcher Ryan Coleman said on Friday.

A wallet holder lost $1.65M after connecting to a fake exchange and signing a malicious contract. The approval gave attackers unlimited access, enabling an automated sweeper to drain funds. Always verify contracts and revoke unused token approvals. pic.twitter.com/MbwJx2CHSe

— Ryan C. Coleman (@RyanColeXBT) July 3, 2026 The latest phishing loss comes only days after another high-profile onchain incident highlighted a different risk facing crypto users. Earlier this week, a trader lost nearly $2 million after a decentralized exchange routed an Ether swap through a low-liquidity pool, allowing a same-block arbitrage trade to extract most of the transaction’s value. 

According to GoPlus Security, the loss was caused by transaction routing rather than phishing, prompting researchers to urge users to review execution paths carefully before confirming onchain transactions.

Scam Sniffer advised users to carefully review every signature request, avoid rushing approvals and use scam detection tools or browser extensions before signing wallet transactions.

If you’ve ever placed a bet on a prediction market and then spent the next two hours refreshing your browser waiting for it to settle, Chainlink just built the fix. The oracle network’s latest infrastructure upgrades, Chainlink Data Streams and the Chainlink Runtime Environment (CRE), compress resolution times for many prediction markets from 1-2 hours down to under five minutes.

For a market category that’s grown from $1.2 billion in monthly volume in early 2025 to over $20 billion by January 2026, that speed difference matters a lot.

How it works and who’s using it Chainlink’s Data Streams provide timestamped, verifiable price feeds that smart contracts can read automatically. The CRE layer handles the automation logic, essentially acting as the trigger that says “conditions met, pay out.” Together, they eliminate the need for extended dispute windows on deterministic outcomes like short-term cryptocurrency price movements.

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Polymarket, the largest prediction market platform by volume, is the most prominent adopter. The platform has integrated Chainlink’s technology for its 5-minute and 15-minute crypto markets, and those markets have collectively processed over $7 billion in trading volume.

But Polymarket isn’t alone. Myriad integrated Chainlink in May 2026 to power real-time markets, while the Solana-based World project launched in July 2026 using Chainlink’s oracle stack for FIFA and crypto markets.

Why slow settlements were a bigger problem than most realized When capital is locked during a dispute period, traders can’t redeploy it. Long settlement windows also create attack surfaces. With 840,000 unique wallets participating monthly in prediction markets as of the latest figures, the scale of potential exposure was growing faster than the infrastructure could handle.

Automated, verifiable resolution removes the human judgment layer for markets where outcomes are mathematically deterministic. Did BTC close above $95,000 at 4pm UTC? A timestamped data feed can answer that without a committee.

The strategic partnership between Chainlink and Polymarket, established in September 2025, was specifically designed to address these concerns. The collaboration focused on leveraging Data Streams for accuracy and CRE for automation, creating a resolution pipeline that’s both faster and harder to game.

What this means for investors The prediction market category’s growth trajectory, from $1.2 billion to over $20 billion in monthly volume within roughly a year, is one of the more striking expansion curves in recent crypto history. Five-minute markets only make sense if the settlement infrastructure can keep pace, and with that constraint removed, platforms can offer increasingly granular, high-frequency prediction products.

The risk, as always with infrastructure plays, is that the value accrual doesn’t necessarily flow to the oracle layer itself. Chainlink could enable billions in prediction market volume while the bulk of economic value gets captured by the platforms and traders using the rails. Whether LINK token holders benefit proportionally to the infrastructure’s importance remains one of the more nuanced questions in crypto valuation.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Key Takeaways Zcash reached $505 before retracing to approximately $466 following significant profit-taking activity near the psychological $500 level The forthcoming Ironwood network update, scheduled for late July, is designed to eliminate undetectable counterfeiting vulnerabilities within Zcash’s shielded transaction framework A major supply milestone has been reached with 80% of ZEC’s capped 21 million token supply now in circulation, intensifying scarcity narratives Technical analyst Ardi highlights that a decisive move above $480 compound resistance could propel ZEC toward the $500–$540 range Contrarian analyst Aladdin_LCA identifies a possible head-and-shoulders formation and cautions that long positions face heightened downside risk Zcash (ZEC) has experienced a notable correction from its recent peak near $505, settling around $466 as market participants secured gains near the critical $500 threshold. The preceding surge of approximately 28% was fueled by growing anticipation surrounding the network’s planned Ironwood protocol enhancement.

Zcash (ZEC) Price The retracement was amplified by cascading liquidations of overleveraged long positions that accumulated near the $500 mark, creating conditions for market makers to capitalize on forced selling. Nevertheless, ZEC has maintained a foothold above the crucial $440 support zone that technical traders continue to monitor closely.

On-chain analytics platform Santiment revealed a compelling social sentiment pattern. Approximately one month ago, $ZEC social media mentions surged to 1,116 on the precise day the token bottomed around $362, coinciding with revelations about the Orchard shielded-pool security flaw. Following that spike, social discussion has remained remarkably subdued, fluctuating between just 24 and 69 daily mentions — even as ZEC appreciated roughly 29% from those lows. Santiment observed: “The noise marked the bottom. The silence is marking the repair.”

A month ago, $ZEC social volume hit 1,116 mentions on the exact day it bottomed. It has stayed quiet ever since, through a recovery the crowd never came back for.
📊 That Jun 5 spike was the loudest day in a month. It marked the low, ~$362.
📉 The crash trigger was the disclosed… pic.twitter.com/YfxLvdWR6M

— Santiment Intelligence (@SantimentData) July 8, 2026

The Ironwood protocol upgrade, anticipated to deploy in late July, will implement cryptographic proofs that mathematically eliminate the possibility of undetectable token creation within Zcash’s privacy-preserving transaction pools. This enhancement follows the emergency patch deployed in June addressing the Orchard vulnerability.

Chart Analysis From a technical standpoint, ZEC is encountering a significant resistance cluster: the 0.786 Fibonacci retracement level converges with the upper Bollinger Band and a horizontal resistance barrier near $490. Chart analyst CryptDollar emphasized this confluence as the critical juncture on the daily timeframe.

Trader Ardi pinpointed compound resistance around $480 where a descending trendline intersects with horizontal price resistance. According to his analysis, a confirmed daily close above this threshold could unlock a pathway back toward $500 and potentially extend to $540.

The Chaikin Money Flow indicator currently registers 0.13, suggesting accumulation pressure continues to exceed distribution. The Aroon Up metric stands above 92%, while TradingView’s aggregated moving average signals flash a Strong Buy rating. Momentum oscillators, however, remain in neutral territory.

Opposing Viewpoint Remains Not all market participants share the optimistic outlook. Trader Aladdin_LCA has retained his bearish thesis, identifying a potential head-and-shoulders topping pattern alongside an anti-butterfly harmonic configuration on the daily timeframe. He indicated his stance would only shift bullish following either a convincing breakout above major resistance or a capitulatory reset to fresh lows.

CoinGlass liquidation heatmaps reveal concentrated short position liquidation levels between $480 and $500, suggesting potential fuel for a short squeeze scenario if buyers can reclaim that territory. Conversely, long liquidation density clusters near the $450 level.

Circulation Benchmark Zcash officially announced that 80% of its hard-capped 21 million ZEC token supply has been extracted through mining. The announcement also highlighted Shielded Labs’ Network Sustainability Mechanism initiative, designed to maintain blockchain security as mining rewards progressively diminish.

At press time, ZEC was trading in the $460 to $480 range, with the $490 resistance zone representing the pivotal level for determining the next significant price movement.

Hyundai Card just pulled off something that usually takes banks days to fumble through. The financial arm of Hyundai Motor Group completed a real stablecoin-based intercompany settlement on the Avalanche blockchain, moving $20,000 in USDT between Hyundai Motor subsidiaries in the US and Mexico. The whole thing took an average of seven minutes.

For context, traditional cross-border wire transfers between corporate entities can take anywhere from one to five business days, involve multiple intermediary banks, and rack up fees at every hop.

How the remittance layer works The proof-of-concept, completed on July 9, brought together four key players: Hyundai Card, Tether, blockchain infrastructure firm Axiym, and Ava Labs, the team behind Avalanche. Here’s the basic flow: $20,000 USD was converted into Tether’s USDT stablecoin and routed across borders on Avalanche’s network to settle obligations between Hyundai Motor’s overseas branches.

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This wasn’t a sandbox experiment with fake money. The trial involved actual intercompany settlements, real funds moving between real subsidiaries.

Axiym, the less familiar name in the group, served as the bridge connecting traditional payment rails to blockchain-based settlement.

Why a card company leading this matters This is reportedly the first stablecoin remittance initiative led by a card company. Hyundai Card isn’t some fintech startup experimenting with blockchain for a press release. It’s a subsidiary of Hyundai Motor Group, a conglomerate with a market presence spanning dozens of countries.

What comes next Hyundai Card isn’t stopping at the US-Mexico corridor. A follow-up trial is planned for the end of July 2026, this time involving European subsidiaries. The European test could be even more interesting because it may integrate local currencies, Circle’s USDC stablecoin, and Visa into the framework.

The broader ambition appears to be integrating stablecoins into Hyundai Motor Group’s treasury management operations globally.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

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Meta CTO Andrew Bosworth shared new details about a data leak from its AI training program. Bloomberg/Getty Images Meta CTO Andrew Bosworth shed new light on the data leak that made the company pause its unpopular Model Capability Initiative.

In an interview with The Atlantic CEO Nicholas Thompson, released on Wednesday, Bosworth spoke about why Meta paused the AI training program that involved tracking employee keystrokes. The interview was filmed in late June.

Bosworth said that data generated by the training program was "quite secure," with only a small number of people having access, but it had been erroneously moved by one of Meta's researchers.

"One of the researchers who was working downstream with that data—and there was no breach here— but had put it in a place it wasn't supposed to go," the executive told Thompson.

The employee data, in a transformed state, had "landed someplace that it shouldn't have landed internally," he said, adding that Meta did not suspect foul play.

The company was "locking the whole thing down" until it could get to the bottom of this incident, Bosworth said.

The Model Capability Initiative was introduced in April. It involved installing software on the majority of Meta's US employees to track their keystrokes and mouse movements to train its AI models. The program — and Meta's instruction that employees couldn't opt out of it — drew major backlash from its workforce.

Bosworth himself said, during an internal meeting, that employee morale in the company was "probably one of the worst it's ever been" in Meta's two-decade history.

However, the program was paused in June after a leak made sensitive employee data accessible to the entire company, according to screenshots seen by Business Insider.

"We have carefully designed this program with privacy safeguards, and while we have no indication at this time that any data was improperly accessed by Meta employees, we're pausing it while we investigate," a Meta spokesperson told Business Insider in June.

In the interview, Bosworth also shared another reason the program had not gone to plan. It was generating a lot of the same data, he said, when ideally, the company should have gotten more varied data that could be used to train its AI.

"Variance is far more important than a high volume of the same thing that gets collapsed into one example, basically," he said to Thompson.

"So that was why, a couple of weeks after we initially launched it, we added expanded opt-outs for people who didn't want to do it," he said. "A pause, infinite pause. Whenever you don't want to have it, just press pause."

Representatives for Meta declined to provide further comment in response to a query from Business Insider.

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, /PRNewswire/ -- An agreement announced today by John Deere, the Federal Trade Commission, and five states ensures farmers and ranchers will have access to the diagnostic and repair tools that help them and independent service technicians maintain and repair their current and future John Deere equipment.

"This is good news for our customers and for the future of how Deere equipment is supported," said Denver Caldwell, vice president of aftermarket and customer support. "Producers and equipment operators demand flexible and world class capabilities enabling the maintenance and repair of their machines; we are and will continue to deliver on that expectation."

This agreement reinforces Deere's continued innovation toward more flexible repair options, emphasizing increased access and transparency for customers. It formalizes Deere's ongoing commitment to expanding access to diagnostic and repair tools—helping customers and independent service providers maintain and repair equipment with greater choice and control—while providing the FTC and states with the ability to verify that Deere is meeting this commitment now and into the future.

"We've said from the beginning that our focus is on helping customers keep their machines running when and how they need them," said Caldwell. "This agreement bolsters that commitment, and we're confident it will make a real difference for the people who depend on our equipment every day. We share the Administration's and the states' desire to put farmers first while preserving Deere's ability to support American agricultural productivity, equipment safety and innovation."

The agreement brings to a close the matter filed by the FTC and states in early 2025 and allows the company to move forward with a continued focus on supporting its customers. Recent settlements and related agreements in this space have similarly emphasized increased access and transparency for customers, reinforcing Deere's continued innovation toward more flexible repair options.

John Deere will continue to invest in tools, technology, and services that give customers more ways to care for their equipment, whether they choose to do the work themselves or through a repair provider they trust. The company remains committed to delivering reliable equipment, strong dealer support, and practical solutions that help customers stay productive in the field.

About John Deere:

Deere & Company (www.JohnDeere.com) is a global leader in the delivery of agricultural, construction, and forestry equipment. We help our customers push the boundaries of what's possible in ways that are more productive and sustainable to help life leap forward. Our technology-enabled products including John Deere Autonomous 8R Tractor, See & Spray™, and E-Power Backhoe are just some of the ways we help meet the world's increasing need for food, shelter, and infrastructure. Deere & Company also provides financial services through John Deere Financial. For more information on Deere & Company, visit us at www.deere.com/en/news/.

SOURCE John Deere Company

If you’ve ever placed a trade on a decentralized exchange and noticed the price mysteriously moved against you right before execution, congratulations: you’ve been MEV’d. Miner extractable value, or MEV, is the blockchain equivalent of someone cutting in front of you at the deli counter, except they also somehow make you pay more for your sandwich.

Injective, a Layer 1 blockchain built on the Cosmos SDK, has positioned itself as the first and only L1 to natively resist these attacks on mainnet. The protocol’s core defense mechanism is something called Frequent Batch Auctions, and it fundamentally changes how transaction ordering works.

How Injective actually blocks MEV Injective’s approach attacks this problem at the infrastructure level. Instead of processing transactions one by one in the order they arrive, the protocol batches them together at fixed intervals. Think of it less like a first-come-first-served line and more like a sealed-bid auction where everyone submits their orders simultaneously.

The system uses a threshold-encrypted mempool, which means pending transactions are encrypted and invisible to would-be extractors until they’re processed. Combined with an on-chain order book, this architecture removes the informational advantage that MEV actors typically enjoy.

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This isn’t a bolt-on solution or a Layer 2 workaround. It’s baked into the protocol’s consensus layer, which is what makes the “first MEV-resistant L1” claim meaningful rather than marketing fluff.

The EVM upgrade and ecosystem expansion On November 10-11, 2025, the protocol launched its native EVM mainnet upgrade, bringing over 30 decentralized applications online from day one. The upgrade allows Ethereum-compatible applications to run on Injective while preserving all of the existing MEV-resistant infrastructure.

The protocol also claims approximately 25,000 transactions per second with sub-second block finality, built on Tendermint consensus. For context, Ethereum’s base layer processes roughly 15-30 transactions per second, though Layer 2 solutions significantly increase that capacity.

Injective’s model also eliminates gas fees for users, which removes a significant barrier to adoption, particularly for high-frequency trading applications where gas costs can eat into margins quickly.

Why MEV resistance matters more than you think MEV isn’t a niche problem. Research from Flashbots has previously shown that MEV extraction on Ethereum alone has amounted to hundreds of millions of dollars. The victims are almost always regular traders, not the sophisticated actors running the bots.

Injective’s Frequent Batch Auction model represents one approach to solving this at the protocol level. Other chains have experimented with MEV mitigation strategies, including Flashbots’ MEV-Share on Ethereum and various fair ordering solutions, but Injective’s claim rests on being the first to implement native resistance directly in a Layer 1’s architecture.

Since at least 2023, the project has branded itself as the “first and only MEV resistant L1,” a message it has consistently reinforced through 2025 and into 2026.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.