BlackRock (BLK - Free Report) ended the recent trading session at $1,019.68, demonstrating a +2.96% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.81%. Elsewhere, the Dow gained 0.27%, while the tech-heavy Nasdaq added 1.3%.
Shares of the investment firm witnessed a loss of 2.01% over the previous month, trailing the performance of the Finance sector with its gain of 4.07%, and the S&P 500's gain of 1.13%.
The investment community will be paying close attention to the earnings performance of BlackRock in its upcoming release. The company is slated to reveal its earnings on July 15, 2026. The company's upcoming EPS is projected at $12.54, signifying a 4.07% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $6.75 billion, indicating a 24.51% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $53.46 per share and revenue of $28.08 billion. These totals would mark changes of +11.17% and +15.97%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for BlackRock. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.92% upward. Right now, BlackRock possesses a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that BlackRock has a Forward P/E ratio of 18.53 right now. This denotes a premium relative to the industry average Forward P/E of 11.41.
We can also see that BLK currently has a PEG ratio of 1.27. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Financial - Investment Management stocks are, on average, holding a PEG ratio of 1.03 based on yesterday's closing prices.
The Financial - Investment Management industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 181, finds itself in the bottom 27% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Royal Caribbean (RCL - Free Report) ended the recent trading session at $288.08, demonstrating a +2.54% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.81%. Elsewhere, the Dow gained 0.27%, while the tech-heavy Nasdaq added 1.3%.
Heading into today, shares of the cruise operator had gained 4.55% over the past month, outpacing the Consumer Discretionary sector's gain of 0.17% and the S&P 500's gain of 1.13%.
Market participants will be closely following the financial results of Royal Caribbean in its upcoming release. The company plans to announce its earnings on July 28, 2026. The company's upcoming EPS is projected at $3.92, signifying a 10.50% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $4.81 billion, up 6.04% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $17.41 per share and revenue of $19.63 billion. These totals would mark changes of +11.32% and +9.44%, respectively, from last year.
Any recent changes to analyst estimates for Royal Caribbean should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.09% increase. Royal Caribbean is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Royal Caribbean's current valuation metrics, including its Forward P/E ratio of 16.14. This denotes no noticeable deviation relative to the industry average Forward P/E of 16.14.
One should further note that RCL currently holds a PEG ratio of 0.98. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. RCL's industry had an average PEG ratio of 1.52 as of yesterday's close.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 177, this industry ranks in the bottom 29% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Investors weren’t too eager to take a swig of PepsiCo (PEP 3.26%) after the beverage and snacks giant reported second-quarter results early on Thursday. This, despite headline figures that — depending on which consensus numbers are used — beat analyst estimates. The company’s shares slid by more than 3% that trading session, contrasting poorly with the 0.8% rise of the bellwether S&P 500 index.
Let’s tuck into PepsiCo’s quarter to find out why it was such a flat, warm can of soda for many market players.
Image source: Getty Images.
Where’s the fizz?During the quarter, PepsiCo’s net revenue was just under $24.2 billion, up 6% year over year. The company’s net income under generally accepted accounting principles (GAAP) grew much more robustly, doubling and then some to almost $2.99 billion from the year-ago profit of $1.26 billion. Yet on a per-share, non-GAAP (adjusted, or “core” in company parlance) basis, net income only inched up by 4% to $2.20.
This meant a pair of beats for PepsiCo, though these were modest. On average, analysts tracking the stock were modeling net revenue of $23.9 billion and core earnings per share (EPS) of $2.19.
Despite the growth in key fundamentals, other metrics were lower this quarter. The company’s largest single market remains its native North America, so weakness there is always cause for concern. Second-quarter sales in the company’s food (i.e., snacks) business there fell by 2% year over year. And while revenue from its beverages rose by 7%, much of this was due to recently integrated acquisitions and partnerships. The latter included a deal with Celsius (CELH 0.24%) to distribute that company’s hotly popular drink line Alani Nu.
It’s revealing that overall volumes for North America beverages sank in spite of this, falling by 4%. And, when stripping out acquisitions and divestitures from the mix, that drinks unit saw only a 1% organic revenue gain.
In the conference call discussing the results, PepsiCo CEO Ramon Laguarta attributed the U.S. declines to changes in consumer behavior. He speculated that the soaring price of gasoline was affecting traffic at convenience stores. This is a major sales channel for the company as items like its Pepsi and Doritos are often impulse buys for customers filling their tanks or taking a rest from driving.
International flavorOn a brighter note or two, PepsiCo performed better in markets abroad. Its international beverages business saw gains in both volume (5%) and, especially, reported revenue (11%, or 9% when adjusted for foreign currency exchange). Better, since those acquisitions were concentrated on U.S. products, that overseas growth was entirely organic.
The company’s snacks also proved to be popular outside our borders. Standouts in this category were Asia Pacific and Latin America foods, which saw reported revenue growth of 15% and 12%, respectively.
So basically, PepsiCo had two diverging trajectories — the sluggishness of the North America operations, and the dynamism of its international efforts. The latter should help the company achieve growth in the coming quarters — it reiterated its guidance for full-year 2026, forecasting organic revenue growth of 2% to 4% over 2025, with a rise in core, constant-currently EPS of 4% to 6%.
Importantly for this Dividend King — PepsiCo is one of the rare companies that has declared dividend raises at least once annually for a minimum of 50 years running — it expects to distribute $7.9 billion in shareholder payouts during the year. That’s up from the $7.6 billion it spent last year. Management also intends to devote $1 billion to share buybacks.
Potential yield trapI think PepsiCo still has some way to go in order to become an investor favorite again. Those slumps in the North America business are concerning and, outside of the unlikely possibility that international growth rockets much higher, softness in that market will negatively affect both the fundamentals and investor perception of the business.
A longer-term issue for PepsiCo is that, in many ways, it’s a poster boy for unhealthy food and drink consumption. That served it well for decades, but this century’s trend — at least on our shores — is towards more considered, healthier eating and quaffing. Yes, PepsiCo has diet/no-sugar drinks and moderately better-for-you snacks. But it’s still anchored by, and strongly identified with, goodies like Pepsi and Cheetos.
As for shareholder remuneration, PepsiCo is not only a Dividend King, its payout is bubbling into high-yield territory at almost 4.3%. This, however, is largely due to a weakened share price, which, after earnings, was teasing its one-year low.
While the dividend might be an attractive draw for investors hungry for yield or sniffing around for a bargain, that wouldn’t tip me into buying the stock. I don’t see either North America beverages or food improving much, and PepsiCo’s wares aren’t popular enough abroad to offset this significantly.
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Hertz Global Holdings ("Hertz" or the "Company") (NASDAQ: HTZ). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Hertz 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, Hertz issued a press release "announc[ing] that its wholly-owned indirect subsidiary, The Hertz Corporation ('Hertz Corp.'), intends to offer, subject to market and other conditions, $300 million in aggregate principal amount of Exchangeable Senior First-Lien Secured PIK Notes due 2030 (the 'Notes') in a private offering to persons reasonably believed to be qualified institutional buyers[.]" The press release specified that "Hertz Corp. intends to use the net proceeds received from the offering of the Notes for general corporate purposes, which may include the repayment of outstanding indebtedness."
On this news, Hertz's stock price fell $2.06 per share, or 40.71%, to close at $3.00 per share on June 24, 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.
Phillips 66 (PSX - Free Report) ended the recent trading session at $189.82, demonstrating a +1.07% change from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.81%. Elsewhere, the Dow saw an upswing of 0.27%, while the tech-heavy Nasdaq appreciated by 1.3%.
The stock of oil refiner has risen by 3.35% in the past month, leading the Oils-Energy sector's loss of 3.61% and the S&P 500's gain of 1.13%.
The upcoming earnings release of Phillips 66 will be of great interest to investors. The company's earnings report is expected on August 5, 2026. The company is predicted to post an EPS of $6.99, indicating a 193.7% growth compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $36.91 billion, indicating a 10.1% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $19.27 per share and a revenue of $146.18 billion, representing changes of +199.22% and +7.04%, respectively, from the prior year.
Any recent changes to analyst estimates for Phillips 66 should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 9.42% higher within the past month. As of now, Phillips 66 holds a Zacks Rank of #3 (Hold).
In terms of valuation, Phillips 66 is currently trading at a Forward P/E ratio of 9.75. For comparison, its industry has an average Forward P/E of 9.75, which means Phillips 66 is trading at no noticeable deviation to the group.
It's also important to note that PSX currently trades at a PEG ratio of 0.25. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Oil and Gas - Refining and Marketing industry had an average PEG ratio of 0.38 as trading concluded yesterday.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 60, which puts it in the top 25% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Caterpillar (CAT - Free Report) closed the most recent trading day at $938.39, moving -1.02% from the previous trading session. This move lagged the S&P 500's daily gain of 0.81%. Meanwhile, the Dow gained 0.27%, and the Nasdaq, a tech-heavy index, added 1.3%.
Shares of the construction equipment company witnessed a gain of 10.74% over the previous month, beating the performance of the Industrial Products sector with its gain of 0.86%, and the S&P 500's gain of 1.13%.
The upcoming earnings release of Caterpillar will be of great interest to investors. The company's earnings per share (EPS) are projected to be $6.21, reflecting a 31.57% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $19.08 billion, up 15.17% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $24.71 per share and revenue of $76.56 billion, which would represent changes of +29.64% and +13.28%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Caterpillar. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.06% rise in the Zacks Consensus EPS estimate. Caterpillar presently features a Zacks Rank of #2 (Buy).
Investors should also note Caterpillar's current valuation metrics, including its Forward P/E ratio of 38.37. Its industry sports an average Forward P/E of 15.52, so one might conclude that Caterpillar is trading at a premium comparatively.
We can also see that CAT currently has a PEG ratio of 1.87. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Manufacturing - Construction and Mining industry was having an average PEG ratio of 1.63.
The Manufacturing - Construction and Mining industry is part of the Industrial Products sector. At present, this industry carries a Zacks Industry Rank of 72, placing it within the top 30% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
In the latest trading session, Newmont Corporation (NEM - Free Report) closed at $94.81, marking a +1.73% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.81%. Elsewhere, the Dow gained 0.27%, while the tech-heavy Nasdaq added 1.3%.
Shares of the gold and copper miner have appreciated by 0.46% over the course of the past month, outperforming the Basic Materials sector's loss of 4.72%, and lagging the S&P 500's gain of 1.13%.
The upcoming earnings release of Newmont Corporation will be of great interest to investors. The company's earnings report is expected on July 23, 2026. The company's earnings per share (EPS) are projected to be $2.19, reflecting a 53.15% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $6.19 billion, reflecting a 16.38% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $9.76 per share and revenue of $26.74 billion, which would represent changes of +41.65% and +17.96%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Newmont Corporation. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.49% lower within the past month. Newmont Corporation currently has a Zacks Rank of #3 (Hold).
In the context of valuation, Newmont Corporation is at present trading with a Forward P/E ratio of 9.55. For comparison, its industry has an average Forward P/E of 8.98, which means Newmont Corporation is trading at a premium to the group.
It is also worth noting that NEM currently has a PEG ratio of 1.57. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Mining - Gold industry was having an average PEG ratio of 0.83.
The Mining - Gold industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 174, which puts it in the bottom 30% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Salesforce (CRM - Free Report) ended the recent trading session at $162.50, demonstrating a -2.45% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.81% for the day. At the same time, the Dow added 0.27%, and the tech-heavy Nasdaq gained 1.3%.
Prior to today's trading, shares of the customer-management software developer had lost 2.54% lagged the Computer and Technology sector's loss of 1.59% and the S&P 500's gain of 1.13%.
The investment community will be paying close attention to the earnings performance of Salesforce in its upcoming release. On that day, Salesforce is projected to report earnings of $3.27 per share, which would represent year-over-year growth of 12.37%. Meanwhile, the latest consensus estimate predicts the revenue to be $11.3 billion, indicating a 10.44% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $14.12 per share and revenue of $46.09 billion. These totals would mark changes of +12.78% and +10.99%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Salesforce. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Salesforce is holding a Zacks Rank of #3 (Hold) right now.
With respect to valuation, Salesforce is currently being traded at a Forward P/E ratio of 11.8. This denotes a discount relative to the industry average Forward P/E of 19.31.
We can also see that CRM currently has a PEG ratio of 0.76. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 1.05.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 90, finds itself in the top 37% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Wells Fargo (WFC - Free Report) closed the most recent trading day at $86.91, moving +1.58% from the previous trading session. This change outpaced the S&P 500's 0.81% gain on the day. On the other hand, the Dow registered a gain of 0.27%, and the technology-centric Nasdaq increased by 1.3%.
Shares of the biggest U.S. mortgage lender have appreciated by 4.38% over the course of the past month, outperforming the Finance sector's gain of 4.07%, and the S&P 500's gain of 1.13%.
Investors will be eagerly watching for the performance of Wells Fargo in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 14, 2026. The company is predicted to post an EPS of $1.74, indicating a 12.99% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $21.8 billion, up 4.71% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $6.99 per share and a revenue of $87.77 billion, representing changes of +11.31% and +4.87%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Wells Fargo. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 2.29% higher within the past month. Wells Fargo is holding a Zacks Rank of #3 (Hold) right now.
With respect to valuation, Wells Fargo is currently being traded at a Forward P/E ratio of 12.24. This valuation marks a discount compared to its industry average Forward P/E of 14.49.
Meanwhile, WFC's PEG ratio is currently 0.98. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Financial - Investment Bank industry had an average PEG ratio of 1.15 as trading concluded yesterday.
The Financial - Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 99, which puts it in the top 41% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow WFC in the coming trading sessions, be sure to utilize Zacks.com.
In the latest close session, Snowflake Inc. (SNOW - Free Report) was up +2.37% at $267.49. The stock outperformed the S&P 500, which registered a daily gain of 0.81%. On the other hand, the Dow registered a gain of 0.27%, and the technology-centric Nasdaq increased by 1.3%.
Shares of the company have appreciated by 8.92% over the course of the past month, outperforming the Computer and Technology sector's loss of 1.59%, and the S&P 500's gain of 1.13%.
Analysts and investors alike will be keeping a close eye on the performance of Snowflake Inc. in its upcoming earnings disclosure. In that report, analysts expect Snowflake Inc. to post earnings of $0.45 per share. This would mark year-over-year growth of 28.57%. Meanwhile, the latest consensus estimate predicts the revenue to be $1.47 billion, indicating a 28.39% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.96 per share and a revenue of $6.07 billion, representing changes of +56.8% and +29.56%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Snowflake Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 2.11% higher within the past month. Snowflake Inc. is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Snowflake Inc. has a Forward P/E ratio of 133.48 right now. For comparison, its industry has an average Forward P/E of 19.31, which means Snowflake Inc. is trading at a premium to the group.
Also, we should mention that SNOW has a PEG ratio of 5.07. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Software industry currently had an average PEG ratio of 1.05 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 90, this industry ranks in the top 37% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow SNOW in the coming trading sessions, be sure to utilize Zacks.com.
Costco Wholesale Corporation (NASDAQ:COST, XETRA:CTO) shares fell about 4% to $913 on Wednesday after the warehouse retailer reported a moderation in June...
New York, New York--(Newsfile Corp. - July 9, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of First Solar, Inc. (NASDAQ: FSLR) between February 26, 2025 and February 24, 2026, inclusive (the "Class Period"), of the important August 24, 2026 lead plaintiff deadline.
SO WHAT: If you purchased First Solar securities 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 First Solar class action, go to https://rosenlegal.com/cases/first-solar-inc/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 24, 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 lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) defendants had overstated First Solar's capacity to manage the impact of U.S. tariff policy on First Solar's business; (2) defendants understated the extent to which its responses to U.S. tariff policy, including the intentional underutilization of production facilities in Malaysia and Vietnam, and attempted relocation of production to the U.S., were likely to negatively impact First Solar's projected performance in the 2026 fiscal year; and (3) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the First Solar class action, go to https://rosenlegal.com/cases/first-solar-inc/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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AbbVie (ABBV - Free Report) closed at $249.91 in the latest trading session, marking a -1.12% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.81% for the day. At the same time, the Dow added 0.27%, and the tech-heavy Nasdaq gained 1.3%.
Heading into today, shares of the drugmaker had gained 12.35% over the past month, outpacing the Medical sector's gain of 7% and the S&P 500's gain of 1.13%.
Analysts and investors alike will be keeping a close eye on the performance of AbbVie in its upcoming earnings disclosure. The company's earnings report is set to go public on July 31, 2026. It is anticipated that the company will report an EPS of $3.76, marking a 26.6% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $16.79 billion, up 8.86% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $14.27 per share and revenue of $67.32 billion, which would represent changes of +42.7% and +10.07%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AbbVie. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.33% fall in the Zacks Consensus EPS estimate. AbbVie is currently a Zacks Rank #3 (Hold).
In the context of valuation, AbbVie is at present trading with a Forward P/E ratio of 17.72. This indicates a premium in contrast to its industry's Forward P/E of 15.87.
We can also see that ABBV currently has a PEG ratio of 0.83. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. ABBV's industry had an average PEG ratio of 2.67 as of yesterday's close.
The Large Cap Pharmaceuticals industry is part of the Medical sector. This industry, currently bearing a Zacks Industry Rank of 198, finds itself in the bottom 20% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Palantir (PLTR 2.47%) is one of the most impressive AI companies in the market, but Wall Street's valuation spread shows how difficult it is to price the stock. The bullish case depends on growth, margins, and AI demand staying strong, while the risk comes from expectations that may already be extremely high.
Stock prices used were the market prices of July 3, 2026. The video was published on July 8, 2026.
Rick Orford has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Benjamin Silbermann, a director at Pinterest, Inc. (PINS +0.40%), reported a sale of 93,750 shares of Class A Common Stock on July 7, 2026 and July 8, 2026, according to an SEC Form 4 filing.
Transaction summaryMetricValueTransaction value$2.1 millionShares sold (indirectly held)93,750Post-transaction shares (directly held)13,996Post-transaction value$315,329.88Transaction value based on SEC Form 4 weighted average sale price ($22.43); post-transaction value based on July 08, 2026 market close ($22.53).
Key questionsWhat was the structural context of this disposition?
The transaction involved the conversion of Class B Common Stock into Class A Common Stock, which is the standard procedure for Pinterest insiders to facilitate liquidity through market sales.How does this sale impact Benjamin Silbermann's remaining equity position?
While this transaction liquidated 87% of the common stock holdings reported in this filing, Benjamin Silbermann maintains a significant economic interest in the company through approximately 1.2 million direct derivative securities and 35.2 million indirect derivative securities.What is the company's current valuation context?
As of the July 8, 2026 market close, Pinterest had a market capitalization of $15.1 billion, with the stock delivering a one-year total return of -37% as of the transaction date.Who are the indirect beneficial owners involved?
The shares were sold by SFTC, LLC, with the insider disclaiming beneficial ownership except to the extent of his pecuniary interest through certain immediate family members' interests in The Silbermann 2012 Irrevocable Trust.Company OverviewMetricValueShare Price (as of market close 2026-07-08)$22.54Market Capitalization$15.1 billionRevenue (TTM)$4.4 billionNet Income (TTM)$334.3 millionCompany SnapshotPinterest operates a visual discovery platform that generates revenue primarily through advertising services, enabling brands and merchants to reach users through sponsored content, product Pins, and targeted advertising campaigns across its global user base.The company's business model centers on monetizing user engagement through performance-based advertising, where advertisers pay for impressions, clicks, and conversions, while also generating revenue from commerce partnerships and affiliate relationships.Pinterest's primary customers are advertisers and e-commerce businesses seeking to reach engaged consumers interested in lifestyle, home decor, fashion, food, and DIY content, with a user base skewing toward affluent, digitally-native demographics.Pinterest operates as a leading visual discovery platform with a global reach, leveraging sophisticated machine learning algorithms to deliver personalized content recommendations across diverse categories including home design, fashion, culinary, and DIY projects. The company has established a defensible competitive position through its proprietary visual search technology, engaged user community, and established advertiser relationships. With 4,778 employees and a market capitalization of $15.1 billion, Pinterest continues to scale its advertising platform while expanding commerce integration capabilities to drive monetization across its user base.
What this transaction means for investorsThis sale ultimately looks like pocket change from a co-founder whose real position barely moved. The roughly $2.1 million in stock Silbermann unloaded amounts to about a quarter of a percent of his total economic exposure, since he still holds derivative securities covering roughly 36.4 million shares, mostly Class B stock. Selling a sliver into a stock that's down 37% in a year isn't a vote of no confidence so much as routine trust-level liquidity. If the co-founder wanted out, it wouldn't look like this.
The frustrating part for shareholders might be that the business keeps performing while the stock doesn't. Revenue crossed $1 billion in the first quarter, up 18%, monthly active users hit a record 631 million, and the company completed roughly $2 billion in buybacks. CEO Bill Ready said, "Pinterest is where online discovery leads to real-world action, and we’re seeing continued momentum," though soft spending from large retail advertisers has hindered the growth story.
For long-term investors, that disconnect is the real story here. A platform posting 10 straight quarters of double-digit user growth while sitting at a $15.1 billion market cap is either a value setup or a monetization problem, and the next few quarters of ARPU trends might tell you which.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Pinterest. The Motley Fool has a disclosure policy.
Shares of Micron Technology (MU +4.55%) rallied on Thursday after the memory chip maker highlighted its plans to bolster its semiconductor supply chain.
Image source: The Motley Fool.
Bringing more silicon wafer production to the U.S. Micron intends to invest up to $3 billion to expand its U.S. production network and secure the materials it needs to satisfy the booming artificial intelligence (AI)-driven demand for its memory chips.
As part of those plans, Micron will contribute $500 million in strategic financing to semiconductor supplier GlobalWafers to expand its silicon wafer manufacturing site in Texas.
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Micron and GlobalWafers also agreed to a 10-year supply deal that will help Micron meet its raw silicon wafer needs.
"Securing a reliable supply of critical input materials is essential to supporting Micron's long-term growth and technology roadmap," Micron executive Ben Tessone said in a press release.
A decade of expansion lies ahead Peering further into the future, Micron said it will invest over $250 billion in manufacturing and technology through 2035 to advance its long-term plan to produce 40% of its DRAM (dynamic random access memory) in the U.S.
These investments will help lessen Micron's reliance on foreign supply chains and reduce its exposure to geopolitical disruptions, thereby decreasing risks for shareholders.
Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Micron Technology. The Motley Fool has a disclosure policy.
Most of the attention on Micron Technology (MU +4.55%) sits on high-bandwidth memory and the artificial intelligence data center boom. That story is real, but it hides a different shift in how the company sells its products -- a shift that could shape the next earnings report more than any single chip.
Micron is signing long-term supply agreements In the first week of July, Micron announced two strategic customer agreements within six days of each other. A strategic customer agreement is, in plain terms, a promise from a buyer to keep buying.
On July 1, it signed a deal with General Motors to secure a long-term supply of memory for the automaker's next vehicle platforms. On July 6, Micron announced a similar pact with Ford Motor Company.
Image source: Getty Images.
Buried in both press releases is the detail that matters most. Each agreement is described as "one of the 16" discussed on Micron's fiscal third-quarter conference call. So the company has told investors it has a stack of these deals and has started revealing them one at a time. That drumbeat of announcements gives Micron a reason to stay in the news between now and its next report.
Why the automotive deals matter These are not glamorous AI chips. General Motors is locking in a supply of LPDRAM, NOR, and UFS NAND -- the memory that runs in-cabin screens and driver-assistance systems. Cars carry the kind of memory once reserved for phones and servers, and each model can stay in production for years, so a single win can feed orders long after the deal is signed.
What makes the deals valuable is their shape: multiyear commitments tied to Micron's $2 billion modernization of its Manassas, Virginia, fab.
Memory has long been a boom-and-bust business, priced like a commodity. Contracts that pin down volume across a car's production life turn some of that swing into something closer to a backlog. For a company investors treat as a cyclical bet, contracted demand is a quiet form of insurance on an investment.
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The risks investors should weigh None of these agreements discloses price or volume, so the financial impact remains unknown until it shows up in the results. Auto production can soften, and a broad memory downturn would pressure margins. The stock has climbed a long way, which raises the bar for any surprise.
The catalyst is not a number. If Micron keeps converting that list of 16 agreements into signed deals before its fiscal fourth-quarter report, I think the market gets a running preview of demand that most cyclical suppliers cannot offer. Investors who own the stock or watch it should track the number of these agreements as a real-time signal ahead of earnings.
Teladoc (TDOC - Free Report) closed at $9.21 in the latest trading session, marking a +1.54% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.81% for the day. Elsewhere, the Dow saw an upswing of 0.27%, while the tech-heavy Nasdaq appreciated by 1.3%.
The telehealth services provider's shares have seen an increase of 29.02% over the last month, surpassing the Medical sector's gain of 7% and the S&P 500's gain of 1.13%.
The upcoming earnings release of Teladoc will be of great interest to investors. In that report, analysts expect Teladoc to post earnings of -$0.24 per share. This would mark a year-over-year decline of 26.32%. In the meantime, our current consensus estimate forecasts the revenue to be $614.69 million, indicating a 2.72% decline compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.92 per share and revenue of $2.51 billion. These totals would mark changes of +19.3% and -0.92%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Teladoc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Teladoc is currently a Zacks Rank #3 (Hold).
The Medical Services industry is part of the Medical sector. Currently, this industry holds a Zacks Industry Rank of 96, positioning it in the top 40% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Zillow, Inc. ("Zillow" or the "Company") (NASDAQ: Z). 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 Zillow and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until August 10, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Zillow 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 September 30, 2025, the U.S. Federal Trade Commission ("FTC") filed a complaint (the "FTC Complaint") against Zillow and Redfin alleging violations of federal antitrust laws arising from, among other things, the Redfin Agreement. The FTC Complaint alleged that "on February 6, 2025, Zillow and Redfin executed an unlawful agreement to remove competition from [the online rental marketplaces industry], starting with a $100 million payment to Redfin to exit the [Internet Listing Services] market."
On this news, Zillow's Class C common stock price fell $3.49 per share, or 4.33%, to close at $77.05 on September 30, 2025. The following day, it fell a further $3.57 per share, or 4.63%, to close at $73.48 per share on October 1, 2025. Meanwhile, Zillow's Class A common stock price fell Class A common stock fell $3.51 per share, or 4.5%, to close at $74.44 per share on September 30, 2025. The following day, it fell a further $3.26 per share, or 4.37%, to close at $71.18 per share.
Then, on February 10, 2026, Zillow conducted an earnings call to discuss its financial performance for the fourth quarter of 2025. During the call, Chief Financial Officer Jeremy Hoffman disclosed that the Company was facing significant "ongoing elevated legal expenses."
On this news, Zillow Class C stock fell $9.32 per share, or 17.12%, to close at $45.10 per share on February 11, 2026. The next day, it fell a further $1.40 per share, or 3.1%, to close at $43.70 per share on February 12, 2026. Meanwhile, Zillow Class A stock fell $9.05 per share, or 16.5%, to close at $45.66 on February 11, 2026. The following day, it fell a further $1.84, or 4.02%, to close at $43.82 per share on February 12, 2026.
Finally, on May 7, 2026, Reuters published an article entitled "Zillow, Redfin fail to end FTC lawsuit claiming they suppressed rental competition." The article reported that a "federal judge rejected [Zillow and Redfin's] request to end a [FTC] lawsuit accusing them of illegally agreeing to suppress competition for online apartment rental listings."
On this news, Zillow's Class C common stock fell $0.85 per share, or 1.9%, to close at $43.68 on May 7, 2026. The following day, Zillow's Class C common stock fell a further $2.25 per share, or 5.15%, to close at $41.43 on May 8, 2026. Meanwhile, Zillow's Class A stock fell $0.79 per share, or 1.76%, to close at $44.04 on May 7, 2026. The following day, it fell a further $2.10 per share, or 4.76%, to close at $41.94 on May 8, 2026. The following trading day, May 11, 2026, Zillow Class A common stock fell a further $1.29, or 3.07%, to close at $40.65 per share.
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.
by Andrea Brambila on Jul 9, 2026 at 2:43 pmJuly 9, 2026 at 2:43 pm
This story originally appeared on Real Estate News.
Illustration by Real Estate News/Shutterstock A federal court has turned down the Federal Trade Commission’s request to declare a rentals deal between Zillow and Redfin “presumptively unlawful” before trial next month.
On Wednesday, July 8, Judge Anthony J. Trenga of the U.S. District Court for the Eastern District of Virginia denied the FTC’s motion for partial summary judgment in its case alleging Zillow and Redfin violated antitrust laws when Zillow paid $100 million to become Redfin’s exclusive multifamily rental listings provider in early 2025.
After a hearing Wednesday morning, Trenga said he found “genuine disputes of material fact” regarding the FTC’s ask.
Last October, five states joined the FTC in suing Zillow and Redfin over their rentals partnership, and the cases were merged in November. The defendants sought a dismissal earlier this year, which the judge denied, and on May 20 filed an official response to the FTC’s claims.
The complaint is scheduled for a bench trial, meaning the judge will hear and decide the case without a jury, on Aug. 24.
What the states and FTC asked for In their June 10 motion, the plaintiffs asked for declarations that would have put more of a burden on Zillow and Redfin at trial if they had been granted. Specifically, they asked the court to:
Deem the nationwide market for internet listing service (ILS) advertising for rental properties and for multifamily rental properties as the “relevant markets” for the case Declare the Zillow-Redfin deal an “acquisition of assets” under Section 7 of the Clayton Act, which prohibits mergers and acquisitions that would substantially lessen competition Declare the deal “presumptively unlawful” for further concentrating already highly concentrated relevant markets and therefore lessening competition Zillow, Redfin dispute FTC assumptions On June 24, the defendants asked the court to reject the FTC’s motion outright.
Regarding the relevant markets, they said rental competition is local, not national, and non-ILS companies such as Google and social media outlets compete for rental advertising dollars with ILSs like Redfin and Zillow. Thus, those types of companies should not be excluded as competitors in the same market.
In response to the FTC’s request to to define the Zillow-Redfin deal as an acquisition of assets that is presumptively unlawful, the defendants argued that it is an open question whether the deal was a merger and that the presumption request was improper at this stage of the proceedings.
Judge convinced by defendants’ arguments In his July 8 ruling, Trenga agreed with the defendants, finding that “genuine disputes of material fact existed” regarding “the relevant product market, relevant geographic market, and the presumptive illegality of Defendants’ challenged activity for purposes of Plaintiffs’ claim under Section 7 of the Clayton Act.”
The defendants, not surprisingly, supported the ruling.
“The FTC asked the court to partially resolve this case before Zillow has the opportunity to present its full evidence at trial — evidence that will demonstrate the pro-competitive effects of this partnership for renters and housing providers,” Zillow said in a statement on its website.
“We are pleased with the court’s decision today, and look forward to presenting the full record at trial next month.”
Similarly, a Redfin spokesperson told Real Estate News the company “strongly” disagrees with the FTC’s allegations and is eager to present “the full facts” at trial.
“The reality is simple: Redfin’s actions are pro-competitive and benefit consumers,” the spokesperson said in a statement.
“Redfin pursued the Zillow partnership to maintain and grow Redfin’s rental business. And because of that decision, Redfin’s websites have more rental listings than ever before and Redfin can invest even more in search innovations that directly benefit our customers.”
Occidental Petroleum (OXY - Free Report) closed at $52.30 in the latest trading session, marking a -2.41% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.81%. Meanwhile, the Dow experienced a rise of 0.27%, and the technology-dominated Nasdaq saw an increase of 1.3%.
Coming into today, shares of the oil and gas exploration and production company had lost 6.15% in the past month. In that same time, the Oils-Energy sector lost 3.61%, while the S&P 500 gained 1.13%.
Investors will be eagerly watching for the performance of Occidental Petroleum in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 5, 2026. The company is expected to report EPS of $1.94, up 397.44% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $7.22 billion, indicating a 11.88% increase compared to the same quarter of the previous year.
OXY's full-year Zacks Consensus Estimates are calling for earnings of $5.93 per share and revenue of $25.57 billion. These results would represent year-over-year changes of +168.33% and +0.5%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Occidental Petroleum. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 2.48% higher. Occidental Petroleum presently features a Zacks Rank of #3 (Hold).
Digging into valuation, Occidental Petroleum currently has a Forward P/E ratio of 9.04. This signifies a discount in comparison to the average Forward P/E of 19.87 for its industry.
The Oil and Gas - Integrated - United States industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 174, finds itself in the bottom 30% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow OXY in the coming trading sessions, be sure to utilize Zacks.com.
APA (APA - Free Report) closed the most recent trading day at $33.29, moving -5.05% from the previous trading session. This move lagged the S&P 500's daily gain of 0.81%. Elsewhere, the Dow saw an upswing of 0.27%, while the tech-heavy Nasdaq appreciated by 1.3%.
The oil and natural gas producer's stock has dropped by 7.74% in the past month, falling short of the Oils-Energy sector's loss of 3.61% and the S&P 500's gain of 1.13%.
The upcoming earnings release of APA will be of great interest to investors. The company's earnings report is expected on August 5, 2026. The company is expected to report EPS of $1.83, up 110.34% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $2.5 billion, down 4.36% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.29 per share and revenue of $9.09 billion. These totals would mark changes of +40.32% and -1.37%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for APA. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 3.86% lower within the past month. APA currently has a Zacks Rank of #3 (Hold).
In terms of valuation, APA is presently being traded at a Forward P/E ratio of 6.63. This indicates a discount in contrast to its industry's Forward P/E of 9.61.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 177, positioning it in the bottom 29% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that its Board of Directors authorized a quarterly cash dividend of $0.47 per common share, payable on October 15, 2026, to shareholders of record as of September 15, 2026. About Thermo Fisher Scientific Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue over $45 billion. Our Mission is to enable our customers to make the world h.
Honeywell International Inc. (HON - Free Report) closed the most recent trading day at $223.42, moving +1.39% from the previous trading session. This change outpaced the S&P 500's 0.81% gain on the day. Meanwhile, the Dow experienced a rise of 0.27%, and the technology-dominated Nasdaq saw an increase of 1.3%.
Prior to today's trading, shares of the company had lost 46.48% lagged the Conglomerates sector's loss of 20.75% and the S&P 500's gain of 1.13%.
The investment community will be closely monitoring the performance of Honeywell International Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on July 23, 2026. It is anticipated that the company will report an EPS of $1.82, marking a 66.91% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $8.06 billion, indicating a 22.18% decrease compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $8.29 per share and revenue of $34.52 billion, indicating changes of -57.62% and -14.42%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Honeywell International Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 9.87% lower. Honeywell International Inc. presently features a Zacks Rank of #3 (Hold).
In the context of valuation, Honeywell International Inc. is at present trading with a Forward P/E ratio of 26.57. Its industry sports an average Forward P/E of 12.73, so one might conclude that Honeywell International Inc. is trading at a premium comparatively.
It's also important to note that HON currently trades at a PEG ratio of 3.94. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Diversified Operations industry currently had an average PEG ratio of 1.47 as of yesterday's close.
The Diversified Operations industry is part of the Conglomerates sector. Currently, this industry holds a Zacks Industry Rank of 165, positioning it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Broadcom (AVGO +3.24%) has been on fire in recent years, but those gains have been plagued by volatility. The chipmaker has gained 649% since the start of 2023, but has fallen by 10% or more at least nine times. Moreover, in early 2025, the stock crashed 41%, so ownership requires a long-term focus.
Much of the volatility stems from uncertainty about the future adoption of artificial intelligence (AI). Yet seasoned investors will recognize that while AI represents a growing opportunity for Broadcom, its legacy business still has room to run.
Indeed, Apple (AAPL +0.85%) CEO Tim Cook just made an announcement that underscores this point and should be of keen interest to Broadcom shareholders.
Image source: The Motley Fool.
Apple's significant commitmentIn a press release that dropped this week, Apple announced a new multiyear deal with Broadcom. As part of the agreement, Broadcom will help the iPhone maker "design and produce custom silicon components and cutting-edge wireless connectivity technologies for a wide range of Apple products." The $30 billion deal is expected to result in more than 15 billion chips made in the U.S. and will include a $1.5 billion expansion and modernization in Broadcom's facility in Fort Collins, Colorado.
The components in question support radio signals used by iPhones for 5G data and voice transmission, Wi-Fi, GPS navigation, Bluetooth, and more.
In a filing with the Securities and Exchange Commission (SEC), Broadcom revealed it will help the iPhone maker "develop and supply a range of custom ASIC [application-specific integrated circuits] silicon products for use in multiple generations of Apple products" through 2031.
This shows that AI isn't Broadcom's only opportunity for growth in the coming years.
What the future holdsBroadcom's financial results have been impressive, despite ongoing concerns about the future of AI. In its fiscal 2026 second quarter (ended May 3), the company generated record revenue of $22.2 billion, up 48% year over year, driving adjusted earnings per share (EPS) of $2.44, a 54% increase. It's worth noting that AI-related chip revenue accounted for less than half of Broadcom's total revenue.
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Management believes the company's growth will continue to accelerate. For the third quarter, Broadcom is guiding for revenue of $29.4 billion, which would represent an increase of nearly 84%, fueling adjusted EBITDA of $20 billion, up 100%.
Broadcom continues to lean into what CEO Hock Tan calls the "insatiable" demand for the company's custom AI chips -- dubbed XPUs. It has signed major chip deals with Alphabet and Anthropic, and expanded its relationship with Meta Platforms. The revenue from these deals won't be reflected in Broadcom's financial results until late 2027 or early 2028 -- but taken together, the impact will be significant.
To be clear, demand for AI makes up a large chunk of Broadcom's business, but its legacy wireless business took center stage this week, as Apple's $30 billion commitment over the next five years helps illustrate the opportunities that exist outside the AI distortion field.
Overall, Wall Street estimates that Broadcom will generate revenue of $106 billion in 2026, and $172 billion in 2027, and $229 billion in 2028, more than doubling its revenue over two years. Yet some believe even those estimates are conservative.
Despite the multipronged opportunity, Broadcom stock is selling for less than 21 times next year's expected earnings. Furthermore, when measuring its valuation using the price/earnings-to-growth (PEG) ratio -- which is more effective for valuing high-growth stocks -- it returns a multiple of 0.54, when any number less than 1 indicates an undervalued stock.
Taken together, the evidence suggests the runway ahead for Broadcom is long, and the stock is a buy.
Danny Vena, CPA has positions in Alphabet, Apple, Broadcom, and Meta Platforms. The Motley Fool has positions in and recommends Alphabet, Apple, Broadcom, and Meta Platforms. The Motley Fool has a disclosure policy.
Both Broadcom (AVGO - Free Report) and Caterpillar (CAT - Free Report) are strong options for gaining exposure to the artificial intelligence (AI) buildout, with their consistent dividend payouts over time making them attractive to investors with an appetite for income.
Caterpillar Provides PowerSpecifically, higher demand for Caterpillar’s power products used in data center applications, primarily large reciprocating engines, has been a strong piece of the momentum picture. The company deployed $7.9 billion in cash for share repurchases and dividend payouts throughout FY25 and holds the elite Dividend Aristocrat title.
Near-term EPS revisions keep the stock’s outlook strong, with analysts steadily raising their expectations over recent months. The stock sports a favorable Zacks Rank #2 (Buy).
Image Source: Zacks Investment Research
Broadcom Pays InvestorsReflecting a key player in the AI infrastructure buildout, Broadcom provides custom AI chips and high-speed networking solutions needed to connect massive GPU clusters. Its growth outlook remains bright amid the favorable environment, with 48% YoY sales growth in its latest period reflecting a big acceleration relative to recent periods.
Broadcom’s strong cash generation has been a big reason investors have loved the stock throughout its history, enabling it to offer a strong blend of high-growth tech exposure and consistently growing dividend payouts. The company currently sports a 13.1% five-year annualized dividend growth rate, with EPS revisions also remaining well in positive territory over recent months.
Image Source: Zacks Investment Research
Bottom Line
Both companies above – Caterpillar (CAT - Free Report) and Broadcom (AVGO - Free Report) – have emerged as strong options for AI exposure for those with an appetite for income. It’s reasonable to expect their outlooks to remain strong given their favorable positions, with the AI trade certainly not over.
Broadcom is rated Buy, driven by its pivotal role in custom AI silicon and networking, highlighted by major deals with Apple and OpenAI. The $30B Apple deal underscores AVGO's durability as a trusted supplier, anchoring strong cash flow and reinforcing its position in high-quality custom components. The OpenAI partnership positions AVGO at the center of the custom AI infrastructure buildout, enabling large AI operators to optimize workloads beyond standardized platforms.
VANCOUVER, British Columbia--(BUSINESS WIRE)--Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American") will announce its unaudited financial results for the second quarter of 2026 after market close on Wednesday, August 12, 2026. A conference call and webcast are planned for 11:00 am ET (8:00 am PT) on Thursday, August 13, 2026. Second Quarter 2026 Unaudited Financial Results Conference Call and Webcast Date: Thursday, August 13, 2026 Time: 11:00 am ET (8:00 am PT) Webcast: .
Tyson Foods (TSN - Free Report) closed at $57.71 in the latest trading session, marking a -1.01% move from the prior day. This change lagged the S&P 500's 0.81% gain on the day. Meanwhile, the Dow experienced a rise of 0.27%, and the technology-dominated Nasdaq saw an increase of 1.3%.
Coming into today, shares of the meat producer had gained 3.87% in the past month. In that same time, the Consumer Staples sector gained 3.31%, while the S&P 500 gained 1.13%.
The investment community will be paying close attention to the earnings performance of Tyson Foods in its upcoming release. The company is slated to reveal its earnings on August 3, 2026. The company's earnings per share (EPS) are projected to be $1.01, reflecting a 10.99% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $14.29 billion, up 2.89% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.09 per share and a revenue of $56.83 billion, indicating changes of -0.73% and +4.38%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for Tyson Foods. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.13% decrease. Tyson Foods currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Tyson Foods is presently being traded at a Forward P/E ratio of 14.24. This expresses a premium compared to the average Forward P/E of 11.73 of its industry.
We can also see that TSN currently has a PEG ratio of 1.2. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Food - Meat Products industry held an average PEG ratio of 2.01.
The Food - Meat Products industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 215, putting it in the bottom 13% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
In the latest close session, CVS Health (CVS - Free Report) was down 1.59% at $102.81. This change lagged the S&P 500's daily gain of 0.81%. Elsewhere, the Dow gained 0.27%, while the tech-heavy Nasdaq added 1.3%.
The drugstore chain and pharmacy benefits manager's stock has climbed by 6.58% in the past month, falling short of the Medical sector's gain of 7% and outpacing the S&P 500's gain of 1.13%.
Analysts and investors alike will be keeping a close eye on the performance of CVS Health in its upcoming earnings disclosure. The company's earnings report is set to go public on August 5, 2026. The company's upcoming EPS is projected at $1.86, signifying a 2.76% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $100.18 billion, reflecting a 1.28% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $7.44 per share and revenue of $409 billion, which would represent changes of +10.22% and +1.72%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for CVS Health. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Currently, CVS Health is carrying a Zacks Rank of #2 (Buy).
With respect to valuation, CVS Health is currently being traded at a Forward P/E ratio of 14.05. This valuation marks a discount compared to its industry average Forward P/E of 15.57.
We can also see that CVS currently has a PEG ratio of 1.02. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Medical Services industry stood at 1.46 at the close of the market yesterday.
The Medical Services industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 96, which puts it in the top 40% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
SEGRO LON: SGRO used an investor presentation to argue that its standalone strategy can deliver significant value for shareholders, highlighting its industrial and logistics development pipeline, a growing European data center opportunity and what it described as a strong balance sheet capable of funding growth without an equity raise.
The presentation also served as a direct response to a proposal from Prologis, which SEGRO described as “opportunistic, one-sided and inadequate.” David, who led the presentation, said the approach came during a period of share price weakness and before expected value creation from SEGRO’s development pipeline and data center projects.
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SEGRO Highlights Scarce Urban and Logistics Portfolio David said SEGRO has built an “irreplicable portfolio” over decades, concentrated in Europe’s most supply-constrained urban and logistics markets. He said almost two-thirds of the portfolio is in major European cities, with significant positions in locations including Park Royal, Heathrow, Slough and Paris, as well as Düsseldorf, Berlin and Warsaw.
The company said its operating platform, local market expertise and relationships with authorities and communities have supported strong like-for-like rental growth and helped it progress complex planning and development projects. David cited examples including Hayes near Heathrow, Park Royal, Interporto Bologna and Parc des Petits Carreaux.
SEGRO said its industrial and logistics land bank offers GBP 282 million of future income based on current rents, equivalent to almost 40% of its current rent roll. It also identified GBP 147 million of potential rent from land options. Together, the existing land bank and optioned land represent nearly GBP 430 million of potential additional income, according to the presentation.
David said the company expects to start construction on projects representing more than GBP 150 million of potential rent within the next two years. CBRE calculated the undiscounted value of the industrial and logistics pipeline at GBP 1.6 billion, using current rents and costs.
Data Center Pipeline Expands Andrew Pilsworth, Managing Director of Data Centres and Strategic Partnerships at SEGRO, said European data center demand is growing rapidly, driven by cloud adoption and AI inference workloads. He said SEGRO is focused on core availability zones where proximity to cities, fiber infrastructure, power and planning are critical.
The company said it has built a powered land bank with more than 3.0 GVA of power capacity across key European markets, up 0.5 GVA since its previous update. Of that, 0.3 GVA is available to lease now, with a further 1.1 GVA available by 2033. SEGRO also has another 1.1 GVA of additional power that has not yet been modeled or valued by CBRE.
Pilsworth said SEGRO plans to unlock 14 data center sites over the next seven years, potentially delivering around GBP 460 million of additional rent and almost 700 MW of IT capacity. The company expects most planned sites to be delivered as fully fitted data centers through joint ventures, including projects with Pure Data Centres in West London and Paris.
CBRE estimated the undiscounted value upside from SEGRO’s data center pipeline at GBP 2.5 billion, before considering the additional 1.1 GVA of power not yet included in the valuation. Pilsworth said the pace of the pipeline depends on power, planning and leasing rather than capital availability.
CFO Says SEGRO Is Not Capital Constrained Susanne Schroeter, CFO of SEGRO, said the company can deliver its strategy without raising equity while maintaining balance sheet discipline. She said SEGRO’s current and near-term development pipeline stands at GBP 90 million, which she described as the highest level ever.
SEGRO narrowed its 2026 capital expenditure guidance to GBP 500 million to GBP 550 million, at the top end of its earlier range. Schroeter said the company is funding growth through capital recycling, with GBP 308 million of disposals completed or exchanged year to date above book value.
Schroeter said SEGRO’s pro forma adjusted net asset value per share is GBP 9.05, reflecting asset value movements between Dec. 31 and June 30. The reviewed NTA per share is expected to be published with half-year results.
The CFO said SEGRO has three funding levers: a strong investment-grade balance sheet, capital recycling and third-party partnerships. She also highlighted a new U.K. Big Box joint venture, described as a GBP 1 billion structure seeded with sites at Radlett, Northampton and Coventry.
SEGRO said it sees more than GBP 1 billion of income upside on top of GBP 755 million of current passing rent. Schroeter said adjusted earnings per share are expected to rise from GBP 0.366 at the end of 2025 to GBP 0.50 by 2030, supported by rental growth, development completions, cost efficiencies and fee income.
Company Rejects Prologis Proposal David argued that the Prologis proposal undervalues SEGRO by failing to reflect its current NAV, industrial and logistics pipeline, data center opportunity and other components of value. He said shareholders would be exchanging full ownership of SEGRO’s embedded upside for a smaller share of a larger company with different asset weightings.
He said SEGRO’s 3.0 GVA data center opportunity represents about five times the relative exposure of Prologis’ disclosed 5.6 GVA power bank when measured against market value.
SEGRO said CBRE attributed GBP 1.6 billion of value upside to its industrial and logistics pipeline and GBP 2.5 billion to its near- and mid-term data center pipeline. David also said other components, including cluster premiums and avoided transaction costs for an acquirer, amount to more than GBP 1.60 of value per share.
“SEGRO is a unique business,” David said, adding that the company has the capabilities and balance sheet to unlock value itself.
About SEGRO LON: SGROSEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing, industrial property and data centres across the UK and seven other European countries.
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].
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The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public.
In the latest close session, Autodesk (ADSK - Free Report) was up +1.23% at $208.58. This change outpaced the S&P 500's 0.81% gain on the day. Elsewhere, the Dow gained 0.27%, while the tech-heavy Nasdaq added 1.3%.
Coming into today, shares of the design software company had lost 6.89% in the past month. In that same time, the Computer and Technology sector lost 1.59%, while the S&P 500 gained 1.13%.
The investment community will be paying close attention to the earnings performance of Autodesk in its upcoming release. On that day, Autodesk is projected to report earnings of $3.12 per share, which would represent year-over-year growth of 19.08%. Alongside, our most recent consensus estimate is anticipating revenue of $2.01 billion, indicating a 13.96% upward movement from the same quarter last year.
ADSK's full-year Zacks Consensus Estimates are calling for earnings of $12.58 per share and revenue of $8.19 billion. These results would represent year-over-year changes of +20.61% and +13.65%, respectively.
It is also important to note the recent changes to analyst estimates for Autodesk. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.01% increase. Autodesk is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Autodesk's current valuation metrics, including its Forward P/E ratio of 16.38. This valuation marks a discount compared to its industry average Forward P/E of 19.31.
Meanwhile, ADSK's PEG ratio is currently 0.97. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Internet - Software stocks are, on average, holding a PEG ratio of 1.05 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 90, this industry ranks in the top 37% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Roblox Corporation ("Roblox" or the "Company") (NYSE: RBLX). 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 Roblox and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until August 7, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Roblox 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 April 30, 2026, Roblox announced its 2026 first quarter results, allegedly reporting declines in revenue guidance and projected annual bookings growth, as well as reductions in communication engagement, app store ratings, and organic sign-ups as a result of the rollout of the Company's age-verification process.
On this news, Roblox's stock price fell more than 18%, damaging investors.
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.
Snap (SNAP - Free Report) ended the recent trading session at $4.70, demonstrating a +1.51% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.81% for the day. Meanwhile, the Dow gained 0.27%, and the Nasdaq, a tech-heavy index, added 1.3%.
Prior to today's trading, shares of the company behind Snapchat had lost 13.94% lagged the Computer and Technology sector's loss of 1.59% and the S&P 500's gain of 1.13%.
The investment community will be paying close attention to the earnings performance of Snap in its upcoming release. The company is expected to report EPS of $0.07, up 800% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.53 billion, up 13.97% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.6 per share and revenue of $6.7 billion, which would represent changes of +81.82% and +12.89%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Snap. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 13.82% downward. Snap is currently a Zacks Rank #3 (Hold).
Digging into valuation, Snap currently has a Forward P/E ratio of 7.77. This denotes a discount relative to the industry average Forward P/E of 19.31.
One should further note that SNAP currently holds a PEG ratio of 0.14. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 1.05.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 90, positioning it in the top 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
, /PRNewswire/ -- Solaris Energy Infrastructure Inc. (NYSE: SEI) will replace Catalyst Pharmaceuticals Inc. (NASD: CPRX) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 15. Angelini Pharma S.p.A. is acquiring Catalyst Pharmaceuticals in a deal expected to close soon, pending final closing conditions.
Following is a summary of the changes that will take place prior to the open of trading on the effective date:
Effective Date
Index Name
Action
Company Name
Ticker
GICS Sector
July 15, 2026
S&P SmallCap 600
Addition
Solaris Energy Infrastructure
SEI
Energy
July 15, 2026
S&P SmallCap 600
Deletion
Catalyst Pharmaceuticals
CPRX
Health Care
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In the latest trading session, NIO Inc. (NIO - Free Report) closed at $4.78, marking a -2.45% move from the previous day. This change lagged the S&P 500's 0.81% gain on the day. On the other hand, the Dow registered a gain of 0.27%, and the technology-centric Nasdaq increased by 1.3%.
Coming into today, shares of the company had lost 5.41% in the past month. In that same time, the Auto-Tires-Trucks sector lost 3.47%, while the S&P 500 gained 1.13%.
The investment community will be closely monitoring the performance of NIO Inc. in its forthcoming earnings report. It is anticipated that the company will report an EPS of -$0.07, marking a 78.13% rise compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $4.87 billion, up 83.44% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.13 per share and revenue of $19.41 billion. These totals would mark changes of +86.73% and +57.44%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for NIO Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Currently, NIO Inc. is carrying a Zacks Rank of #2 (Buy).
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 190, finds itself in the bottom 23% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Allstate (ALL - Free Report) closed at $248.64 in the latest trading session, marking a -1.01% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.81%. On the other hand, the Dow registered a gain of 0.27%, and the technology-centric Nasdaq increased by 1.3%.
Coming into today, shares of the insurer had gained 12.46% in the past month. In that same time, the Finance sector gained 4.07%, while the S&P 500 gained 1.13%.
The upcoming earnings release of Allstate will be of great interest to investors. The company's earnings report is expected on August 5, 2026. In that report, analysts expect Allstate to post earnings of $4.92 per share. This would mark a year-over-year decline of 17.17%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $17.73 billion, up 5.66% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $29.8 per share and a revenue of $71.42 billion, indicating changes of -14.44% and +5.26%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Allstate. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.27% increase. As of now, Allstate holds a Zacks Rank of #3 (Hold).
Digging into valuation, Allstate currently has a Forward P/E ratio of 8.43. This denotes a discount relative to the industry average Forward P/E of 12.09.
It is also worth noting that ALL currently has a PEG ratio of 0.44. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Insurance - Property and Casualty industry had an average PEG ratio of 2.54 as trading concluded yesterday.
The Insurance - Property and Casualty industry is part of the Finance sector. With its current Zacks Industry Rank of 150, this industry ranks in the bottom 40% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Li Auto Inc. Sponsored ADR (LI - Free Report) closed the most recent trading day at $11.91, moving -1.73% from the previous trading session. This change lagged the S&P 500's daily gain of 0.81%. Elsewhere, the Dow gained 0.27%, while the tech-heavy Nasdaq added 1.3%.
The stock of company has fallen by 11.47% in the past month, lagging the Auto-Tires-Trucks sector's loss of 3.47% and the S&P 500's gain of 1.13%.
Market participants will be closely following the financial results of Li Auto Inc. Sponsored ADR in its upcoming release. In that report, analysts expect Li Auto Inc. Sponsored ADR to post earnings of -$0.01 per share. This would mark a year-over-year decline of 107.14%. Alongside, our most recent consensus estimate is anticipating revenue of $3.73 billion, indicating a 11.77% downward movement from the same quarter last year.
LI's full-year Zacks Consensus Estimates are calling for earnings of -$0.07 per share and revenue of $18.61 billion. These results would represent year-over-year changes of -146.67% and +18.16%, respectively.
Any recent changes to analyst estimates for Li Auto Inc. Sponsored ADR should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 4.88% lower within the past month. Right now, Li Auto Inc. Sponsored ADR possesses a Zacks Rank of #4 (Sell).
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. With its current Zacks Industry Rank of 190, this industry ranks in the bottom 23% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of JD.com, Inc. ("JD" or the "Company") (NASDAQ: JD). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether JD 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 11, 2026, Bloomberg News reported that the Beijing branch of China's State Administration for Market Regulation summoned JD representatives "over what officials said was false advertising during the annual '618' midyear online shopping festival."
On this news, JD's American Depositary Receipt ("ADR") price fell $0.39 per ADR, or 1.37%, to close at $28.06 per ADR on June 11, 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.
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against ZoomInfo Technologies Inc. ("ZoomInfo" or the "Company") (NASDAQ: GTM). 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 ZoomInfo 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 ZoomInfo 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 11, 2026, ZoomInfo announced its first quarter 2026 financial results, unveiling a sharp decline in growth outlook and accordingly lowered its 2026 full year financial guidance.
On this news, ZoomInfo's stock price fell $1.98 per share, or 32.78%, to close at $4.06 per share on May 12, 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.
DraftKings (DKNG - Free Report) closed the most recent trading day at $26.29, moving -3.24% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.81%. Elsewhere, the Dow gained 0.27%, while the tech-heavy Nasdaq added 1.3%.
Coming into today, shares of the company had lost 5.63% in the past month. In that same time, the Consumer Discretionary sector gained 0.17%, while the S&P 500 gained 1.13%.
Market participants will be closely following the financial results of DraftKings in its upcoming release. The company's earnings per share (EPS) are projected to be $0.34, reflecting a 10.53% decrease from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $1.57 billion, indicating a 3.85% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.15 per share and a revenue of $6.8 billion, signifying shifts of +74.24% and +12.38%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for DraftKings. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Currently, DraftKings is carrying a Zacks Rank of #3 (Hold).
Digging into valuation, DraftKings currently has a Forward P/E ratio of 23.58. This represents a premium compared to its industry average Forward P/E of 18.95.
The Gaming industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 158, placing it within the bottom 36% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Invesco Mortgage Capital (IVR - Free Report) ended the recent trading session at $7.97, demonstrating a +2.44% change from the preceding day's closing price. This change outpaced the S&P 500's 0.81% gain on the day. Elsewhere, the Dow gained 0.27%, while the tech-heavy Nasdaq added 1.3%.
The real estate investment trust's stock has dropped by 1.52% in the past month, falling short of the Finance sector's gain of 4.07% and the S&P 500's gain of 1.13%.
Analysts and investors alike will be keeping a close eye on the performance of Invesco Mortgage Capital in its upcoming earnings disclosure. The company is expected to report EPS of $0.47, down 18.97% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.01 per share and a revenue of $0 million, indicating changes of -14.47% and 0%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Invesco Mortgage Capital. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Invesco Mortgage Capital is currently a Zacks Rank #5 (Strong Sell).
With respect to valuation, Invesco Mortgage Capital is currently being traded at a Forward P/E ratio of 3.87. This represents a discount compared to its industry average Forward P/E of 8.76.
The REIT and Equity Trust industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 210, which puts it in the bottom 15% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
New York, New York--(Newsfile Corp. - July 9, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Zoetis Inc. (NYSE: ZTS) between January 14, 2025 and May 6, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Zoetis securities 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 Zoetis class action, go to https://rosenlegal.com/cases/zoetis-inc/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 July 27, 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 lawsuit, throughout the Class Period, defendants made false and/or misleading statements and touted growing market share, strong veterinarian adoption, and accelerating sales growth across Zoetis' flagship Companion Animal products and/or failed to disclose that: (1) veterinarian prescription growth and adoption of Zoetis' Librela, a canine pain treatment, were sharply weakening as clinicians became more cautious following FDA safety warnings concerning serious neurological complications in dogs; (2) Zoetis' Simparica Trio was losing significant market share to a lower priced competing canine parasiticide with broader indicated use in a slowing overall market; and (3) Zoetis' dermatology products, Apoquel and Cytopoint, were losing substantial market share to a newly launched competing canine treatment. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Zoetis class action, go to https://rosenlegal.com/cases/zoetis-inc/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.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304641
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
TJX (TJX - Free Report) ended the recent trading session at $150.90, demonstrating a -1.24% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.81%. At the same time, the Dow added 0.27%, and the tech-heavy Nasdaq gained 1.3%.
Prior to today's trading, shares of the parent of T.J. Maxx, Marshalls and other stores had lost 8.87% lagged the Retail-Wholesale sector's gain of 0.24% and the S&P 500's gain of 1.13%.
Investors will be eagerly watching for the performance of TJX in its upcoming earnings disclosure. In that report, analysts expect TJX to post earnings of $1.17 per share. This would mark year-over-year growth of 6.36%. Our most recent consensus estimate is calling for quarterly revenue of $15.12 billion, up 5.02% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.17 per share and a revenue of $63.9 billion, indicating changes of +9.3% and +5.85%, respectively, from the former year.
Any recent changes to analyst estimates for TJX should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. TJX presently features a Zacks Rank of #2 (Buy).
In terms of valuation, TJX is currently trading at a Forward P/E ratio of 29.56. Its industry sports an average Forward P/E of 27.09, so one might conclude that TJX is trading at a premium comparatively.
Investors should also note that TJX has a PEG ratio of 3.31 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Retail - Discount Stores industry held an average PEG ratio of 2.45.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 24, positioning it in the top 10% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
In the latest trading session, VALE S.A. (VALE - Free Report) closed at $14.22, marking a +1.21% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.81%. Meanwhile, the Dow gained 0.27%, and the Nasdaq, a tech-heavy index, added 1.3%.
Prior to today's trading, shares of the company had lost 5.89% lagged the Basic Materials sector's loss of 4.72% and the S&P 500's gain of 1.13%.
Market participants will be closely following the financial results of VALE S.A. in its upcoming release. The company's earnings per share (EPS) are projected to be $0.51, reflecting a 2% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $10.65 billion, reflecting a 21% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.15 per share and revenue of $41.73 billion. These totals would mark changes of +18.13% and +8.65%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for VALE S.A. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.09% higher. VALE S.A. presently features a Zacks Rank of #3 (Hold).
In the context of valuation, VALE S.A. is at present trading with a Forward P/E ratio of 6.54. For comparison, its industry has an average Forward P/E of 7.47, which means VALE S.A. is trading at a discount to the group.
The Mining - Iron industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 32, putting it in the top 14% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Carvana (CVNA - Free Report) closed at $67.12 in the latest trading session, marking a +1.15% move from the prior day. This move outpaced the S&P 500's daily gain of 0.81%. Meanwhile, the Dow experienced a rise of 0.27%, and the technology-dominated Nasdaq saw an increase of 1.3%.
Shares of the company have depreciated by 1.32% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 0.24%, and the S&P 500's gain of 1.13%.
The investment community will be closely monitoring the performance of Carvana in its forthcoming earnings report. The company is scheduled to release its earnings on July 29, 2026. In that report, analysts expect Carvana to post earnings of $0.42 per share. This would mark year-over-year growth of 61.54%. At the same time, our most recent consensus estimate is projecting a revenue of $6.9 billion, reflecting a 42.6% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $1.58 per share and a revenue of $28.14 billion, demonstrating changes of -6.51% and +38.46%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Carvana. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Right now, Carvana possesses a Zacks Rank of #2 (Buy).
Looking at valuation, Carvana is presently trading at a Forward P/E ratio of 42. This signifies a premium in comparison to the average Forward P/E of 16.7 for its industry.
One should further note that CVNA currently holds a PEG ratio of 11.2. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Internet - Commerce industry had an average PEG ratio of 1.04.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 187, finds itself in the bottom 24% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
WALTHAM, Mass.--(BUSINESS WIRE)--Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension,” “Nano,” or the “Company”) today issued the following letter to shareholders regarding its upcoming Extraordinary General Meeting (“EGM”) scheduled for July 31, 2026. Nano's Board of Directors (the “Board”) urges shareholders to carefully evaluate its recommendations and vote accordingly. Dear Fellow Shareholders: The upcoming Extraordinary General Meeting centers on a fundamental question: should Murchinson L.
Memecoins, it turns out, are no laughing matter. Their jokes can bring the crowd and move the market. But it remains to be seen if they can prove the market.
Robinhood Chain’s early meme activity shows new financial rails are often tested through speculation before durable use cases emerge.
The real power sits in the infrastructure, not the jokes. Launchpads, exchanges, chains, DEXs, wallets, bots, influencers and regulators determine which memes become liquid assets — and which become scams, failures or scandals.
The easiest way to misunderstand memecoins is to take the joke too seriously. The second-easiest way is not to take the market seriously enough.
Memecoins have made some of their backers tremendously wealthy, and they have also handed out big losses to many of their buyers. Both scenarios are economically real, and that’s the contradiction at the center of the memecoin economy. It can look unserious by design while behaving like a high-speed, lightly governed capital market.
The latest punchline is that DOGE, the government acronym, has come and gone while DOGE, the coin, remains. And a flurry of retail trading action this week across the public mainnet of Robinhood Chain, a Layer 2 blockchain that Robinhood Markets launched July 1, adds a useful test case for why memecoins are still around. Crypto’s comic relief has remained a growing mainstay at the heart of the digital asset market while other tokenized instruments, like NFTs, have either faded to the background or to the cemetery.
And Robinhood wasn’t even aiming at memecoins with Robinhood Chain. The company’s product page describes the new blockchain as infrastructure for stock tokens tied to companies such as Nvidia, Google and Apple, while noting that those stock tokens are not available in the U.S. and remain subject to jurisdictional restrictions. Yet the chain’s first cultural ignition point was not tokenized equities. It was memes.
“While we’re building robinhood chain to be the best chain for RWA … it works great for memes too,” the platform’s CEO posted on X Tuesday (July 7).
One implication is that memecoins are becoming crypto’s fastest way to test whether a new surface has speculative oxygen. But oxygen feeds fires as well as ecosystems.
See also: MiCA Says No Funny Money in Europe’s Stablecoin Basket
Institutional Crypto Can’t Escape the Retail Speculation Layer Memecoins are not just assets; they are behavioral instruments. They reveal where users are willing to take risk, how quickly capital can move across interfaces, how visible liquidity feels to retail traders and whether a chain has enough cultural surface area to attract attention.
Robinhood’s case is especially revealing because the company sits at the intersection of three prior waves: meme stocks, retail brokerage and crypto speculation. The same platform that became synonymous with GameStop-era retail trading is now building on-chain rails for tokenized finance. The fact that its new chain’s earliest energy came from memecoins is not accidental. It reflects the retail market’s habit of testing new financial surfaces through speculation before those surfaces mature into more durable products.
The industry’s challenge is to prove that the same rails capable of hosting the joke can also support something more durable after the joke has traded out.
The meme-coin market has three layers.
The top layer is liquidity franchises: DOGE, SHIB, PEPE and a few large exchange-traded names. The middle layer is infrastructure: Pump.fun, LetsBonk, Solana, DEXs, CEXs, trading bots and wallets. This layer determines what gets created, discovered, traded and listed. The bottom layer is the long tail: thousands of short-lived tokens where retail risk, manipulation, sniping, insider concentration and liquidity failure are most acute. The most powerful stakeholders are not the memes themselves. They are the launchpads, exchanges, chains, DEXs, KOLs, bots and regulators that determine whether a joke becomes liquidity, a listing, a scandal or a market.
Why it matters: Meme coins are not just jokes with tickers. The market now has liquidity franchises, issuance factories, exchange gatekeepers and regulatory gray zones — each shaping which memes become tradable assets and which vanish.
Read also: Ethereum Doesn’t Know What It’s Supposed to Be Anymore
It would be easy to dismiss meme coins as speculative froth. That would miss why they keep returning. Meme coins are the purest expression of crypto’s attention economy. They compress identity, gambling, community, financial nihilism, internet humor and instant issuance into a tradable asset. They also reveal where retail risk appetite is moving before more formal institutions notice.
The next phase of the meme coin market will not be defined by whether another dog, frog, penguin or politician can go viral. It will be defined by whether the infrastructure around these assets can separate cultural speculation from coordinated extraction.
On the enterprise side of things, “Waiting for Certainty: Why Most CFOs Are Holding Back on Crypto and Stablecoins,” a recent installment of PYMNTS Intelligence’s 2026 Certainty Project, shows that most middle market companies remain cautious about digital assets. Usage is limited, with 13% of firms using stablecoins and 5% employing other cryptocurrencies.
In the latest trading session, Robinhood Markets, Inc. (HOOD - Free Report) closed at $115.11, marking a +1.39% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.81%. At the same time, the Dow added 0.27%, and the tech-heavy Nasdaq gained 1.3%.
The stock of company has risen by 31.46% in the past month, leading the Finance sector's gain of 4.07% and the S&P 500's gain of 1.13%.
Market participants will be closely following the financial results of Robinhood Markets, Inc. in its upcoming release. The company plans to announce its earnings on July 29, 2026. In that report, analysts expect Robinhood Markets, Inc. to post earnings of $0.41 per share. This would mark a year-over-year decline of 2.38%. In the meantime, our current consensus estimate forecasts the revenue to be $1.2 billion, indicating a 21.76% growth compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.81 per share and a revenue of $4.99 billion, representing changes of -11.71% and +11.51%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Robinhood Markets, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Currently, Robinhood Markets, Inc. is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, Robinhood Markets, Inc. is presently being traded at a Forward P/E ratio of 62.61. Its industry sports an average Forward P/E of 14.49, so one might conclude that Robinhood Markets, Inc. is trading at a premium comparatively.
It is also worth noting that HOOD currently has a PEG ratio of 2.54. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Financial - Investment Bank stocks are, on average, holding a PEG ratio of 1.15 based on yesterday's closing prices.
The Financial - Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 99, which puts it in the top 41% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
