Track market-moving stories before they get noisy

THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak”), a leading provider of critical energy infrastructure, and Baker Hughes (NASDAQ: BKR), an energy technology company, announced a multi-year strategic agreement under which Baker Hughes will provide power generation solutions to support Kodiak's expanding energy infrastructure initiatives. The agreement is anchored by an initial equipment award that will enable approximately 1 gigawatt (GW) of reliable, scala.

Enovix offers a unique 3D stacked silicon-anode battery architecture, delivering higher energy density and dramatically reduced fire risk versus conventional lithium-ion batteries. I see a margin of safety at current ENVX price levels, supported by a fortress balance sheet, ramping production, and imminent commercial milestones in smart eyewear and smartphone batteries. Licensing potential for ENVX's architecture, especially post-smartphone commercialization, could drive high-margin, recurring revenues and significantly expand earnings beyond current manufacturing capacity.

Duolingo, Inc. has continued to report strong user growth. User base momentum should remain great. DUOL's DAU momentum defies AI concerns, and underlines that the brand remains strong despite a slowdown in social media engagement. Profitability is decreasing over the short-term as DUOL focuses on user growth instead of monetization. The headwind is only a short- to mid-term one.

A logo of Tencent at an exhibition center during organized media tour in Hohhot, Inner Mongolia Autonomous Region, China, June 11, 2026. REUTERS/Maxim Shemetov Purchase Licensing Rights, opens new tab

CompaniesSINGAPORE, July 9 (Reuters) - Chinese gaming and internet company Tencent (0700.HK), opens new tab is in ​talks to become Manus' largest ​shareholder as investors seek alternatives after ⁠Beijing ordered Meta (META.O), opens new tab to unwind ​its $2 billion acquisition of the AI ​startup, two people with knowledge of the matter said on Friday.

The Financial Times first ​reported Tencent's talks earlier in ​the day.

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Tencent, together with Manus' original investors, including ‌ZhenFund ⁠and HSG, are planning to buy the company back from Meta for no less than $2 billion, said ​one of ​the ⁠sources and a third person briefed on the matter.

Tencent, ​Manus, Meta and the two ​investment ⁠firms did not immediately respond to Reuters requests for comment.

Reporting by ⁠Fanny ​Potkin and Kane Wu ​in Singapore and Preetika Parashuraman in Bengaluru; Editing ​by Sherry Jacob-Phillips and Muralikumar Anantharaman

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Kane Wu covers M&A, private equity, venture capital and investment banks in Asia. She tracks the region's most high-profile deals, fundraisings as well as investment trends amidst geopolitical, macroeconomic and regulatory changes. She was nominated for a SOPA Excellence in Business Reporting award for coverage of China regulatory crackdown in 2021. Prior to Reuters, she worked at the Wall Street Journal and also wrote about Asia's loan market for Thomson Reuters Basis Point. She is based in Hong Kong.

Philippe Petitcolin

Good afternoon, ladies and gentlemen. Dear shareholders, I declare open this session of the combined shareholders meeting of Alstom. First of all, I would like to thank the shareholders attending the meeting as well as shareholders who did connect remotely to attend this shareholders' meeting I have the honor to preside.

Attending today on stage, Mr. Martin Sion, the new CEO of your company, who will introduce himself in a moment. Madam Emmanuelle Petrovic, General Counsel; and Mr. Bernard-Pierre Delpit, Chief Financial Officer. I would like also to welcome here in the first row the members of our Board of Directors.

In accordance with the law, it is now my responsibility to appoint the presiding officers. I call upon the 2 members of the meeting who represent the larger number of votes and who have agreed to take on this role, Caisse de dépôt et placement du Québec as scrutineers. Caisse de dépôt et placement du Québec share 80,930,484 shares represented by Mrs. Kim Thomassin and BPIFrance Investissement, which holds 34,930,254 shares represented by Mr. Samuel Dalens in the second row.

I would like now with the agreement of the scrutineers to appoint Madam Emmanuelle Petrovic as Secretary of the shareholders' meeting. Representatives from Forvis Mazars and PricewaterhouseCoopers audit, statutory auditors for Alstom are also attending this meeting, and I would like to thank them indeed for being here with us.

I shall now hand over to Mrs. Emmanuelle Petrovic.

Emmanuelle Petrovic
General Counsel

Thank

Advanced Micro Devices: Steady Revenue TrajectoryAdvanced Micro Devices (AMD +5.71%) primarily generates revenue by developing microprocessors, graphics processing units, and custom system-on-chip products for personal computers, servers, gaming consoles, and embedded systems worldwide.

It recently announced an investment of more than $10 billion to expand packaging capabilities in Taiwan alongside committing up to £2 billion for research in the United Kingdom. It reported 14% net income margin for the quarter ended March 28, 2026.

Nvidia: Rapid Revenue ExpansionNvidia (NVDA 0.62%) earns most of its revenue by providing advanced graphics processors, networking hardware, and computational solutions used across personal computing, professional visualization, automotive platforms, and high-performance data centers.

While launching its Vera Rubin supercomputing platform and authorizing an additional $80 billion for share repurchases, it reported 72% net income margin for the quarter ended April 26, 2026.

Why Revenue Matters for Retail InvestorsRevenue serves as a fundamental indicator of the total money a company brings in from its core operations before any expenses are deducted. This measurement gives retail investors insight into a company’s overall size, market footprint, and long-term trajectory.

Quarter (Period End)Advanced Micro Devices RevenueNvidia RevenueQ3 2024$6.8 billion (period ended Sept. 2024)$30.0 billion (period ended July 2024)Q4 2024$7.7 billion (period ended Dec. 2024)$35.1 billion (period ended Oct. 2024)Q1 2025$7.4 billion (period ended March 2025)$39.3 billion (period ended Jan. 2025)Q2 2025$7.7 billion (period ended June 2025)$44.1 billion (period ended April 2025)Q3 2025$9.2 billion (period ended Sept. 2025)$46.7 billion (period ended July 2025)Q4 2025$10.3 billion (period ended Dec. 2025)$57.0 billion (period ended Oct. 2025)Q1 2026$10.3 billion (period ended March 2026)$68.1 billion (period ended Jan. 2026)Q2 2026Not yet reported$81.6 billion (period ended April 2026)Data source: Company filings. Data as of July 7, 2026.

Foolish TakeThe revenue gap between Nvidia and Advanced Micro Devices, and the former’s consistent quarter-over-quarter sales growth, illustrate Nvidia’s market dominance in high-performance semiconductor products, particularly for the artificial intelligence sector.

While AMD’s first-quarter sales of $10.3 billion represented excellent 38% year-over-year growth, it pales in comparison to Nvidia’s 85% year-over-year increase in its latest fiscal quarter, ended April 26. This significantly higher revenue growth rate underscores the robust demand Nvidia is experiencing for its AI solutions.

Despite what these revenue trends show, AMD’s stock has soared a jaw-dropping 273% over the past 12 months through July 9. Nvidia’s share price was up a mere 23% in that time.

The price-to-sales ratio between this pair of semiconductor giants points to the reason behind the share price disparity. Until its stock began to skyrocket, AMD’s P/S ratio at the end of Q1 was around 10 while Nvidia exceeded 20. This suggests AMD’s stock was a better value, leading to investors scooping up shares.

Moreover, Wall Street now has high expectations for Nvidia. Combined with investor concerns of the company’s dependence on AI spending to deliver outsized result, these factors make it progressively harder for the AI chip leader to achieve spectacular share price gains.

A Chevron logo at the Chevron building in Houston, Texas, U.S. August 19, 2025. REUTERS/Kaylee Greenlee Purchase Licensing Rights, opens new tab

CompaniesJuly 10 (Reuters) - Chevron Australia (CVX.N), opens new tab said on Friday it has signed a ​long-term agreement with energy retailer ‌Alinta Energy to supply natural gas from its Western Australian portfolio.

Chevron said ​starting July 2027 it ​will supply 46 petajoules of gas ⁠to its long-standing partner ​Alinta Energy over a five- year ​period from across its equity interests in the Chevron-operated Gorgon and Wheatstone facilities, ​and the North West ​Shelf Project.

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"Following almost a decade in operation, ‌Gorgon ⁠and Wheatstone have become pillars of energy security for the state and together provide approximately 40 ​percent of ​WA’s ⁠domestic gas supply," Chevron Australia President Balaji Krishnamurthy ​said in a press ​release.

Singapore's ⁠Sembcorp Industries (SCIL.SI), opens new tab acquired Australian gas and electricity provider Alinta Energy for an ⁠enterprise ​value of A$6.5 ​billion ($4.32 billion) last year.

Reporting by Swati Verma ​in Bengaluru; Editing by Kim Coghill

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On July 09, 2026, RH (RH) shares rose 3.5% to a current price of $168.33, showing a notable recovery in the midst of a volatile performance over the past year.

Micron Technology (MU +4.51%) just reported a gross margin most software companies would envy, and it came from a business that stamps out physical memory chips. In its core data center unit, gross margin reached 87% last quarter.

For a company long treated as the poster child for commodity boom-and-bust cycles, that number is stunning. It is also the clearest sign yet that memory has become one of the scarcest, most valuable inputs in artificial intelligence (AI).

While the 87% margin is the headline, the more important question for the stock is how durable that pricing power is, and, at today's price, whether the market believes it can last at all.

Imag source: Getty Images.

A number that rewrites the story In its fiscal third quarter of 2026 (the period ended May 28, 2026), Micron's core data center business generated record revenue of $11.5 billion. That was up 103% from the prior quarter, and the unit now accounts for about 28% of the whole company. Gross margin there expanded roughly 12 percentage points in a single quarter to 87%.

Put another way, that one segment is now running above a $45 billion annual pace, up from a roughly $6 billion annual pace a year ago.

The strength wasn't confined to one corner of the business. Companywide revenue set a record at about $41.5 billion, up a staggering 346% year over year from $9.3 billion, and non-GAAP (adjusted) earnings per share hit a record $25.11.

What drove the margin was price, not just volume. Memory prices have soared as artificial intelligence has strained supply. Micron's newest high-bandwidth memory (HBM), the dense chips stacked beside AI processors, has already shipped more than $1 billion of its latest generation. That product is ramping about twice as fast as the one before it, and its entire 2026 supply is already sold out under multi-year agreements.

Management said industry demand for DRAM and NAND memory continues to run well ahead of supply, and it expects those tight conditions to persist beyond 2027. That is the sort of visibility a commodity chipmaker almost never gets.

That backdrop points to enormous near-term earnings power. Micron guided for fiscal fourth-quarter revenue of about $50 billion at a gross margin near 86%, which would stretch the run of records at least one quarter further.

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The market isn't convinced it lasts And yet the stock tells a far more skeptical story. Even after jumping more than 8% today as of this writing, as Micron raised its planned U.S. investment to more than $250 billion through 2035 -- and despite the record results -- Micron shares still trade at less than 7 times the earnings analysts expect over the next 12 months. This is well under a third of the S&P 500's roughly 25 times earnings.

A multiple that low usually signals that investors expect earnings growth to eventually stall and even start to decline. And this checks out. Memory has always been cyclical. Historically, capacity eventually catches up, prices roll over, and a fat margin narrows quickly.

In short: Investors have watched that movie enough times to price Micron as though the boom is borrowed time -- even as it prints the best numbers in its history.

The bull case is that this cycle breaks the old pattern. HBM is far harder to make than commodity memory. And bringing new capacity online can take years, which could keep supply tight well after past cycles would have cracked.

Personally, I think the truth sits somewhere in the middle. The 87% data center margin is almost certainly a peak rather than a baseline, and I wouldn't bet on it holding for years to come.

But a stock priced at less than 7 times forward earnings doesn't need the peak to last. It just needs the eventual downturn to be milder, or to arrive later, than the market is currently assuming.

At about $1,026 as of this writing, Micron looks cheap if AI keeps memory tight into 2027 and beyond. But the stock could look expensive in hindsight if the cycle turns.

That makes it a bet on timing more than on how impressive the margin is. The record margin tells you the boom is here. The single-digit multiple tells you the market still expects it to end. For investors comfortable with the volatility, it's arguably one of the more compelling ways to play the memory boom. But it's a deeply cyclical stock, and I'd want to own it in a size I could stomach through the next downturn.

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Ještě před několika týdny patřila Jižní Korea díky AI boomu mezi nejvýkonnější akciové trhy světa. Prudká korekce technologických titulů však pořadí obrátila, a tak nyní nejvyšší dolarové výnosy v letošním roce nabízí Nigérie.

Nigerijské akcie předběhly ty jihokorejské, když letos investorům přinesly nejvyšší výnos v dolarech. Stojí za tím i zhoršující se sentiment ohledně akcií společností zabývajících se umělou inteligencí, což tlačí ještě nedávno světového rekordmana do medvědího pásma.

Referenční index Nigérie letos dosáhl v dolarovém vyjádření návratnosti 67 %, čímž překonal 66% nárůst jihokorejského indexu Kospi, jak vyplývá z údajů Bloombergu. Index Kospi klesl od svého vrcholu 19. června o 22 % poté, co se investoři začali vybírat zisky a zpochybňovat, zda je poptávka po akciích AI udržitelná. Jihokorejský won od začátku roku oslabil o 5 % a je čtvrtou nejhůře výkonnou asijskou měnou.

Naproti tomu akcie největšího afrického producenta ropy letos posílily díky makroekonomickým reformám, vyšším cenám ropy a lepší nabídce deviz, přičemž naira od ledna vzrostla o 4 %. Investiční atraktivitu země mohla navíc posílit i informace z tohoto týdne, že S&P Dow Jones Indices uvažuje o jejím zařazení mezi frontier markets.

Růst nigerijského trhu táhnou především finanční společnosti obchodované na burze v Lagosu. Mimořádný výnos přinesla investorům pojišťovna Fortis Global Insurance – v dolarovém vyjádření více než 1 400 %.

Na rozdíl od korejského indexu Kospi nejsou firmy kótované na nigerijské burze přímo napojené na boom umělé inteligence. Investory, kteří v této západoafrické zemi nakupují akcie ve velkém, přitahují jiné faktory, uvedl Damilola Okeleye, obchodník ze společnosti Stonex Nigeria Financial. „Silným motorem letošních zisků byly ekonomické reformy v Nigérii a také možnost, že na burzu vstoupí Dangote Petroleum Refinery & Petrochemicals, největší rafinerie ropy v Africe,“ uvedl Okeleye.

Tagy: akcie, Jižní Korea, návratnost, Nigérie, Výkon
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Shares of Mara Holdings (MARA +9.98%) popped on Thursday after the digital infrastructure developer announced a major new project.

Image source: Getty Images.

Land, power, and compute Mara agreed to purchase powered land from sustainable fuels company HIF USA for an aggregate purchase price of up to $600 million.

The more than 1,200-acre site is located roughly 90 miles southwest of Houston, Texas. It's projected to provide access to up to 2 gigawatts (GW) of grid capacity by April 2028.

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Mara plans to build a digital infrastructure campus in collaboration with Starwood Digital Ventures that can run artificial intelligence (AI) and other high-performance computing workloads, including Bitcoin mining operations.

Mara said prospective computing clients have already demonstrated interest in becoming tenants.

Construction is slated to start this year, subject to regulatory approval.

Shifting from Bitcoin to AI The project is expected to more than double Mara's total power capacity to about 4.8 GW, thereby bolstering its standing as a provider of large-scale computing services.

"As demand for digital infrastructure continues to grow, we believe sites with access to reliable, scalable power will become increasingly valuable," Mara CEO Fred Thiel said. "This acquisition meaningfully expands our long-term development pipeline and strengthens our ability to support high-performance compute and maximize the value of that power over time."

Investors clearly approve of the strategy, which has the potential to be far more lucrative than Mara's prior focus on Bitcoin mining operations.

Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy.

Rivian (RIVN +8.70%) is capitalizing on increasing EV momentum.

*Stock prices used were the afternoon prices of July 7, 2026. The video was published on July 9, 2026.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

United Wholesale Mortgage (UWMC +2.46%), which usually just goes by the acronym UWM, just got beaten. But in this case, being a loser could be the best thing that happened to the company and its shareholders. Here's what happened and why the failed bid to buy Two Harbors (TWO +0.00%) isn't really that bad of an outcome.

Bidding wars can lead to trouble UWM and privately held CrossCountry Mortgage were both attempting to buy the mortgage real estate investment trust (REIT) Two Harbors. It all started with UWM and Two Harbors agreeing to a $1.3 billion all-stock deal in late 2025. CrossCountry Mortgage stepped in at the end of the first quarter of 2026, offering an all-cash deal that Two Harbors deemed superior.

Image source: Getty Images.

As often happens in such situations, there was an ugly, public back-and-forth. At the end of the day, CrossCountry Mortgage's cash offer rose from an original $10.70 per share to $12, or roughly $1.3 billion. That comes even after UWM offered $12.50 in cash for Two Harbor shareholders who preferred cash over 2.3328 shares of UWM. While UWM was clearly displeased with losing out, it also didn't pursue it further after its final offer.

If you own UWM, you should probably be pleased with the outcome. As anyone who's ever been in a bidding war knows, the winner often ends up overpaying. And, as Benjamin Graham, the famous investor who helped train Warren Buffett, often noted, paying too much for a good company can turn it into a bad investment. Corporate acquisitions are no different.

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Sometimes the winner is the loser Buffett, however, is a rather interesting name here. He backed Occidental Petroleum's (OXY 2.41%) winning bid for Anadarko Petroleum, helping the energy company outbid industry giant Chevron (CVX 1.09%). Only the deal left OXY with a huge amount of debt, just as the energy industry started a downturn. OXY had to cut its dividend to free up cash for deleveraging, and the stock price crumbled.

It isn't clear what will happen with CrossCountry Mortgage and Two Harbors, since CrossCountry Mortgage is private. However, UWM showed discipline by not pursuing Two Harbors to the point of putting its own business at risk. The importance of this outcome increases when you note that UWM's dividend yield is a shockingly high 20% and its earnings don't currently cover the dividend payment. In fairness, loan origination volume in the first quarter of 2026 rose 39% year over year, making it "the second-highest first quarter production in company history." Still, it is probably better for the company to avoid the cost and complexity of a contentious merger, given its massive dividend yield, which suggests investors are already worried about the risk of a dividend cut.

LOS ANGELES--(BUSINESS WIRE)---- $CNXC--CNXC Investors Have Opportunity to Join Concentrix Corporation Fraud Investigation with the Schall Law Firm.

On July 09, 2026, Sonic Automotive Inc (SAH) shares rose 8.3% to $95.31. The stock has demonstrated significant price performance, with a year-to-date increase

On July 09, 2026, Steven Madden Ltd (SHOO) shares rose 3.4% today, closing at $40.32. Despite today's positive movement, the stock has seen a 10.3% decline over

AeroVironment Flies Under Wall Street’s Radar Toward a $4 Billion TargetAeroVironment NASDAQ: AVAV executives used the company’s 2026 Investor Day in New York to outline a plan to roughly double revenue by fiscal 2030, supported by new defense programs, expanded production capacity and higher spending on research and development.

Chairman, President and CEO Wahid Nawabi said the company has expanded significantly since its 2024 Investor Day, describing AeroVironment as a roughly $2 billion business with about 4,000 employees, more than 60,000 systems fielded and customers in more than 55 countries. He said the company is organized into two segments: Autonomous Systems, or AxS, and Space, Cyber and Directed Energy.

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Drone Stocks Are Down, But Defense Backlogs Tell a Different StoryNawabi said the company’s portfolio is focused on four mission areas: multi-mission intelligence, surveillance and reconnaissance; strike solutions; counter-unmanned aircraft systems; and space and advanced technologies. He said AeroVironment’s total addressable market has grown from about $30 billion two years ago to more than $80 billion today.

“We have built our portfolio very deliberately, to meet the rising demands of the pretty much highest-priority items that are in the U.S. Department of War’s strategic needs and capability gaps,” Nawabi said.

Fiscal 2030 Targets Call for Revenue of $3.5 Billion to $4 Billion Why Wall Street Still Sees Massive Upside for AeroVironment StockChief Financial Officer Sean Woodward said AeroVironment is targeting fiscal 2030 revenue of $3.5 billion to $4 billion, representing a compound annual growth rate of 15% to 20% from fiscal 2026. The company ended fiscal 2026 with nearly $2 billion in revenue, $2.7 billion in total backlog and adjusted EBITDA margins of 14.5%.

For fiscal 2027, Woodward said the company expects top-line growth of 10% at the midpoint of its guidance range. He said that figure excludes revenue related to the SCAR BADGER program and excludes incremental Ukraine-related revenue.

By fiscal 2030, Woodward said AeroVironment expects adjusted EBITDA margins to improve to 18% to 20%, a 350- to 550-basis-point increase from fiscal 2026. He said adjusted EBITDA is expected to rise from $286 million in fiscal 2026 to a range of $630 million to $800 million by fiscal 2030.

Woodward said the growth outlook is expected to be driven by several operating groups, including Precision Strike and Defensive Systems, Space and Directed Energy, unmanned aircraft systems, Cyber & Mission Solutions, and other all-domain systems such as ground robots and underwater vehicles.

Company Plans Heavy Fiscal 2027 Investment Year Executives emphasized that fiscal 2027 will be an investment year. Woodward said AeroVironment expects capital expenditures of 12% to 14% of revenue in fiscal 2027, or nearly $300 million, as the company expands production capacity and infrastructure.

Chief Operating Officer Rob Smith said the company is investing in facilities in Albuquerque, New Mexico; Salt Lake City, Utah; Huntsville, Alabama; and Northern and Southern California. He said Salt Lake City will support Switchblade production, Albuquerque will support LOCUST directed-energy systems and Huntsville will support Freedom Eagle-1, the company’s kinetic counter-UAS interceptor missile program.

Smith said the company’s capital investments are expected to support about $4 billion of additional manufacturing capacity. He also said AeroVironment has reduced its supplier base from more than 3,000 a year ago to about 1,400 and that 92% of parts are dual sourced. He said 98% of the company’s parts are NDAA-compliant.

Woodward said the elevated capital spending is expected to decline after fiscal 2027 toward more historical levels. In response to an analyst question, he clarified that AeroVironment does not expect to be free cash flow positive in fiscal 2027, but expects positive free cash flow from fiscal 2028 through fiscal 2030.

Executives Highlight Recent Contract Wins and Program Pipeline Chief Growth Officer Church Hutton said AeroVironment has more than 20 products either in production or entering production. He highlighted several recent awards and program opportunities, including:

A $117 million U.S. Army Long-Range Reconnaissance award for P550. A $186 million task order for Switchblade 600 under the Lethal Unmanned Systems Directed Requirement contract. A $17 million Army award for Red Dragon, the company’s one-way attack capability. A $500 million sole-source IDIQ for RF counter-UAS, supported by the Titan system, with an $81 million first delivery order. More than $350 million, approaching $400 million, in laser communications wins in the last fiscal year. Hutton said AeroVironment expects to compete for more than $35 billion of opportunities from fiscal 2027 through fiscal 2030. Those opportunities include programs in multi-mission ISR, strike, counter-UAS and space and advanced technologies.

“We are working with customers we know, relationships that we have, products that they need to solve problems that are their highest priorities,” Hutton said.

Counter-UAS and Directed Energy Identified as Key Growth Areas Executives repeatedly pointed to counter-UAS as a major growth market. AeroVironment’s counter-drone portfolio includes Titan RF jamming systems, LOCUST laser weapon systems and Freedom Eagle-1 kinetic interceptors.

Mary Clum, president of Space, Cyber and Directed Energy, said the LOCUST system has demonstrated mobility and modularity, including testing on multiple vehicles and a roll-on, roll-off containerized configuration for Navy use. Smith said the company’s directed-energy product has been deployed operationally and tested by both the Navy and the Army, including on the USS George H.W. Bush.

Nawabi said he views laser weapon systems for counter-UAS as being at an adoption inflection point similar to where loitering munitions were several years ago. He cited cost per shot, mobility and reliability as potential advantages of LOCUST, and said the U.S. Army’s Enduring High Energy Laser program could be a key market catalyst.

International Expansion and M&A Remain Part of Strategy Executives said international growth is a major focus. Hutton said AeroVironment recorded more than $500 million in international sales in fiscal 2026 and sees demand in Europe, Latin America, the Middle East and Asia-Pacific for counter-UAS, strike and long-range ISR systems.

Woodward said international revenue represented about 28% of fiscal 2026 revenue after the BlueHalo acquisition changed the company’s mix, and he expects that percentage to increase by fiscal 2030, though not necessarily return to prior levels above 50%.

Nawabi also said mergers and acquisitions remain a tool to fill capability gaps, but are not the company’s primary growth strategy. He said the fiscal 2030 outlook is primarily organic and that the company will remain “judicious” given current valuation levels in the market.

In closing, Nawabi said the company is positioned in markets that are receiving increased defense investment and has a portfolio aligned with customer priorities. He said AeroVironment will update investors as new awards and program milestones develop.

About AeroVironment NASDAQ: AVAVAeroVironment, Inc NASDAQ: AVAV is a technology company specializing in unmanned aerial systems (UAS), tactical missiles and precision loitering munitions, electric vehicle charging and scalable energy systems. Headquartered in Monrovia, California, the company develops solutions for defense, public safety and commercial markets. Their offerings include small UAS for intelligence, surveillance and reconnaissance, as well as advanced weapons systems designed to meet the needs of modern military operations.

The company's unmanned aerial systems portfolio features platforms such as the Raven, Puma and Switchblade series, which are deployed by the U.S.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in AeroVironment Right Now?Before you consider AeroVironment, you'll want to hear this.

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The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.

Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.

Get This Free Report

NEW YORK, July 09, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Verra Mobility Corporation (NASDAQ: VRRM) between February 24, 2026 and May 26, 2026, inclusive (the “Class Period”), of the important August 4, 2026 lead plaintiff deadline.

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

WHAT TO DO NEXT: To join the Verra class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 4, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

DETAILS OF THE CASE: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra’s relationship with Avis Budget Group (“Avis”), and in particular obtaining a contract extension with Avis. Further, Verra minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Verra class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

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

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

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        The Rosen Law Firm, P.A.
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Shares of Arm Holdings (ARM +9.20%) rocketed 224.4% higher in the first half of 2026, according to data from S&P Global Market Intelligence. The computer chip design and licensing firm is poised to benefit greatly from the next phase of the artificial intelligence (AI) boom, driving investor demand for the stock. It is now the 40th-largest company in the world by market cap, valued at $350 billion as of the close on July 9th, 2026.

Here's why Arm Holdings stock has boomed so far in 2026, and whether you should consider buying right now.

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Embracing the future with AI In the global computer chip supply chain, there is perhaps no greater gap between a company's importance and general awareness than that of Arm Holdings. It designs and licenses chip architectures for central processing units (CPUs) and has built a reputation for energy-efficient smartphone architectures, which is why Apple uses Arm for all of its internal chips.

Now, its CPU architecture is expanding rapidly into a new market: AI. Many AI infrastructure players, such as Meta Platforms and Amazon, have used Arm to design internal CPUs for data centers. It has even designed its own computer chip, the AGI CPU, an energy-efficient CPU that could arrive at the exact right moment as the power bottleneck in AI data centers grows and grows.

Arm's revenue was $4.92 billion in 2026, driven by its royalty and licensing revenue for CPU designs. By 2031, Arm projects it will generate $25 billion in revenue, driven almost entirely by the growth of its new AGI CPU. Direct sales from the chip are expected to be $15 billion five years from now.

Image source: Getty Images.

Should you buy Arm Holdings stock? The potential for growth at Arm is salivating. It could see a 5x increase in revenue over the next five years, if management's guidance is taken at face value. Investors are anticipating this growth, which has driven up the stock so far in 2026. Arm Holdings is officially a new thematic winner for the AI boom.

That doesn't mean you need to pile into the stock today. Arm management is projecting it will generate $9 in earnings per share (EPS) in 2031. Compared to the current stock price of $334, that would give it a price-to-earnings ratio (P/E) of over 36 five years from now, assuming the company can achieve these aggressive growth targets. At this stock price, investors would do best to avoid buying Arm stock.

Brett Schafer has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Apple, Arm Holdings, and Meta Platforms. The Motley Fool has a disclosure policy.

As the race for quantum supremacy intensifies, investors are weighing the commercial momentum of D-Wave Quantum (QBTS +2.52%) against the specialized architecture of Rigetti Computing (RGTI +0.65%) to decide which is the better buy.

Both companies are pioneers in the quantum space, yet they pursue different technical paths to reach quantum advantage. While D-Wave focuses on solving optimization problems today, Rigetti is building general-purpose quantum computers designed for broad future applications across diverse industries.

The case for D-Wave QuantumD-Wave Quantum specializes in quantum annealing, a specific type of computing designed to solve complex optimization problems such as logistics and manufacturing schedules. The company delivers these services through its Leap cloud platform, serving over 100 organizations including NASA and the Oak Ridge National Laboratory. Following the acquisition of Quantum Circuits Inc. in early 2026, the company now offers a dual-platform strategy that incorporates gate-model computing alongside its established annealing technology.

In its 2025 fiscal year (FY), revenue reached $24.6 million, representing a significant revenue growth of 178.5% compared to the prior year. Despite this rapid top-line expansion, the company reported a net loss of $355.1 million for the period. This trend reflects the high costs of scaling emerging technologies in the quantum computing sector, which remains highly competitive.

As of its December 2025 balance sheet, the company maintained a debt-to-equity ratio of 0.1x. This ratio measures total debt against shareholder equity, with a lower number indicating that a company is not heavily reliant on borrowed funds. The current ratio stands at 42.4x, which measures the ability to pay short-term liabilities with current assets. Free cash flow was negative at $75.8 million, calculated as cash from operations minus capital expenditures.

The case for Rigetti ComputingRigetti Computing operates a vertically integrated business model, designing and manufacturing its own superconducting quantum processors at its Fab-1 facility. The company serves enterprise and government clients through its Quantum Cloud Services. A key driver for Rigetti is its modular architecture, which aims to scale quantum power by connecting multiple chips together for complex tasks like drug discovery.

For FY 2025, the company reported revenue of $7.1 million, which was a decline of 34.3% year-over-year. Rigetti recorded a net loss of $216.2 million during this period as it continued to prioritize research and development. Unlike its peers, the company faces high customer concentration, as government contracts with entities like DARPA and the Department of Energy represent a large portion of its total business.

According to the December 2025 balance sheet, the debt-to-equity ratio was zero, indicating the company carried virtually no debt relative to its shareholder equity. The current ratio stands at 37.4x, suggesting a strong ability to cover near-term financial obligations with liquid assets. Free cash flow for the year was a negative $77.2 million, which represents the cash remaining after the company pays for its operating costs and equipment investments.

Risk profile comparisonD-Wave Quantum faces significant risks regarding its persistent operating losses and its heavy reliance on external funding to sustain its development roadmap. The successful integration of Quantum Circuits Inc. is vital for its new dual-platform strategy, and any failure here could weaken its market position. Furthermore, it faces intense competition from global tech giants, such as IBM, which have much larger budgets for quantum research.

Rigetti Computing is exposed to high customer concentration risk, with its revenue closely tied to government fiscal policies and contract renewals. The company also faces technical execution risks associated with its in-house chip fabrication and the unproven scalability of its modular architecture. Additionally, Rigetti has been subject to legal scrutiny and securities-related investigations stemming from past volatility in its stock price, which could impact investor confidence.

Valuation comparisonD-Wave Quantum appears to be the more expensive option based on its sales multiple, though it is currently generating significantly higher revenue than its peer.

MetricD-Wave QuantumRigetti ComputingSector BenchmarkForward P/En/an/a357.9xP/S ratio566.4x543.3xn/aSector benchmark uses the SPDR XLK sector ETF. Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.

I’ve analyzed and invested in quantum computing stocks for a few years now. In looking at how D-Wave and Rigetti have evolved over that time, and where each is going, I believe the better investment right now is D-Wave. That said, quantum computers are still in their early stages, and so, either company, or both, could end up capturing significant market share as the industry matures.

Several reasons drive the decision behind my preference for D-Wave over Rigetti. The former’s quantum annealing technology is the superior choice for solving optimization problems, but that also limited the company’s market opportunities. Its decision to acquire Quantum Circuits adds superconducting quantum integrated circuits to its solution set, the same approach championed by Rigetti and IBM.

Now, D-Wave is positioned to capture a larger share of the market. It was also among the handful of companies in the industry to receive $100 million in funding from the U.S. government in May, a testament to its technological offerings. Rigetti was not awarded funding.

At this point, the companies holding the superior quantum computing technology are poised to be long-term winners. Given D-Wave’s more comprehensive solutions, it looks to be in a better position than Rigetti right now.

, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Futu Holdings Ltd. ("Futu" or the "Company") (NASDAQ: FUTU). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

The class action concerns whether Futu and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

You have until August 25, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Futu securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.

[Click here for information about joining the class action]

On May 22, 2026, Reuters published an article entitled "China to crack down on 'illegal' cross-border securities." The article reported that China "would punish brokers it accused of illegally moving money to foreign markets[.]" The article further reported that online brokers, including Futu, "would be penalised for soliciting business in China without an onshore licence[.]" 

On this news, the price of Futu American Depositary Shares ("ADSs") fell $34.10 per ADS, or 27.5%, to close at $89.76 per ADS on May 22, 2026. 

Then, on May 28, 2026, Futu issued a press release reporting its financial results for the first quarter 2026, including net income of HK$831.0 million (US$106.0million) after giving effect to the proposed penalties comprised of: "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion." The press release reported this adjustment under the Company's financial statements as "Others, net" in its statements of comprehensive income for the applicable period. 

On this news, Futu's ADS price fell $5.31 per ADS, or 4.8%, to close at $104.91 per ADS on May 28, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

Amazon (AMZN +1.38%) plans to borrow an additional $25 billion to support its data center expansion.

*Stock prices used were the afternoon prices of July 7, 2026. The video was published on July 9, 2026.

Parkev Tatevosian, CFA has positions in Amazon. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Alibaba Group Holding Limited ("Alibaba" or the "Company") (NYSE: BABA). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Alibaba and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On June 24, 2026, the Financial Times reported that Anthropic has accused Alibaba "of obtaining illicit access to Claude by creating fake accounts designed to access the AI model which the American company does not offer to Chinese groups." 

On this news, Alibaba's American Depositary Receipt ("ADR") price fell $7.53 per ADR, or 7.34%, over the following two trading sessions, to close at $95.07 per ADR on June 25, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Hyliion Holdings Corp. ("Hyliion" or the "Company") (NYSE: HYLN). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Hyliion and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On June 23, 2026, Pelican Way Research ("PWR") published a short report entitled "Hyliion: A Glorified Science Project Who Has Continuously Failed To Meet Expectations And Is Now Throwing Around A Meaningless Deal." The report stated that Hyliion's stock had risen significantly following the Company's announcement of a non-binding letter of intent ("LOI") with VFG Holdings ("VFG") for up to 250 KARNO Cores, representing approximately $133 million in potential revenue. The PWR report alleged that the VFG LOI accounted for roughly one-third of Hyliion's reported $400 million-plus pipeline and questioned whether the LOI provided meaningful commercial validation. The report further alleged that VFG, which PWR identified as VFG Tech Holdings, LLC, was incorporated in January 2026, appeared to have only four employees listed on LinkedIn, had only a minimal website, and lacked evidence of funding or operating substance sufficient to support an order of that size. 

Following publication of the PWR report, Hyliion's stock price fell $1.27 per share, or 17.2%, to close at $6.10 per share on June 23, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

When you expect your stocks to pay you for holding them, dividend cuts are your worst nightmare. Not only does a dividend cut mean you're losing that passive income, but the stock itself often tanks once a company announces the cut.

Fortunately, investors can avoid picking lousy dividend stocks by focusing on certain traits. An established track record of paying dividends and raising them helps, but it goes beyond that. Companies with safe dividends often operate recession-resistant business models, have healthy financials, and maintain a solid growth trajectory, so their dividends can continue to grow alongside profits.

Realty Income (O 0.12%), Altria Group (MO 1.68%), and PepsiCo (PEP 3.26%) are top-notch dividend stocks that check all these boxes. Buy and hold them to get paid while sleeping well at night.

Image source: Getty Images.

1. One of the market's most dependable real estate stocks Realty Income is one of the world's top real estate investment trusts (REITs). It acquires and leases properties, paying most of its taxable income out to shareholders as non-qualified dividends. Realty Income specializes in single-tenant properties, typically leased to recession-resistant businesses such as grocery and convenience stores. It uses net leases, which place the burden of property taxes, insurance, and maintenance on the tenant.

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That business model has made Realty Income a very dependable dividend stock. The company has increased its dividend at least once annually for over 30 years. That feat is especially impressive when you consider that Realty Income pays a monthly dividend, something most companies don't do. That high level of consistency demonstrates Realty Income's ability to navigate and endure adversity.

Realty Income's dividend still has plenty of financial breathing room. The payout ratio is approximately 73% of its guided 2026 funds from operations, the distributable cash flow that a REIT produces. Realty Income is a slow-and-steady business that has grown its dividend at a low-single-digit annualized rate since its IPO in the 1990s. That said, its 5% dividend yield makes the stock a strong choice for anyone seeking immediate dividend income they can count on.

2. This company continues to prove the doubters wrong The smoking rate in the United States has declined for decades. Yet, Altria Group continues to pay investors more money each year. The tobacco giant is best known for selling Marlboro cigarettes in the U.S. Nicotine's notoriously addictive nature has made Altria a recession-proof business and enabled it to steadily raise its prices to offset the slow volume declines as Americans buy fewer cigarettes each year.

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It's not clear whether that formula can work forever. For now, Altria's dividend remains strong. The company spends 81% of its cash flow on dividends, which isn't a major concern because Altria's business requires little investment. Even advertising is heavily restricted under modern tobacco laws. On top of that, Altria owns a multi-billion-dollar stake in Anheuser-Busch InBev, a chip it can cash in if needed.

Altria's business probably won't grow very quickly until it diversifies away from its core cigarette business. Still, analysts see Altria growing earnings by an average of 4% to 5% annually over the next three to five years. That's plenty of growth to continue inching that dividend higher. Plus, the stock's current 5.8% yield is the highest of the three on this list.

3. This food and beverage giant is dividend royalty Although most people associate PepsiCo with its namesake soda, its Frito-Lay and Quaker Foods segments make it a global food and beverage juggernaut, with iconic brands such as Doritos, Lay's, and Gatorade, just to name a few. People almost assuredly buy at least one PepsiCo product with each trip to the grocery store. The basic need people have to eat and drink makes PepsiCo a very resilient business -- and a Dividend King with over 50 consecutive years of annual dividend increases.

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Admittedly, PepsiCo's dividend payout ratio is a tad high for comfort at 87% of cash flow over the past year. On the other hand, PepsiCo has $10.8 billion in cash on hand and an A+ credit rating with a stable outlook. Investors might see modest dividend increases while the company creates some breathing room for the dividend, but its fortress-like balance sheet makes a dividend cut highly unlikely.

PepsiCo has struggled somewhat in recent years as consumers backed away from spending on name brands. Fortunately, management has already adapted, and some recent acquisitions could help bolster its portfolio. Analysts expect annual earnings growth of 5% to 6% over the next three to five years, solid output for a stock offering a 4% dividend yield right now.