Track market-moving stories before they get noisy

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Anglo American (NGLOY - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.

Anglo American is one of 275 individual stocks in the Basic Materials sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Anglo American is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for NGLOY's full-year earnings has moved 56.8% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

According to our latest data, NGLOY has moved about 12.6% on a year-to-date basis. Meanwhile, stocks in the Basic Materials group have gained about 4.5% on average. This shows that Anglo American is outperforming its peers so far this year.

Another stock in the Basic Materials sector, Solitario Resources (XPL - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 7.9%.

In Solitario Resources' case, the consensus EPS estimate for the current year increased 21.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

To break things down more, Anglo American belongs to the Mining - Miscellaneous industry, a group that includes 85 individual companies and currently sits at #165 in the Zacks Industry Rank. This group has gained an average of 8.1% so far this year, so NGLOY is performing better in this area. Solitario Resources is also part of the same industry.

Investors interested in the Basic Materials sector may want to keep a close eye on Anglo American and Solitario Resources as they attempt to continue their solid performance.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?

Let's take a look at what these Wall Street heavyweights have to say about On Holding (ONON - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.

On Holding currently has an average brokerage recommendation (ABR) of 1.32, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 25 brokerage firms. An ABR of 1.32 approximates between Strong Buy and Buy.

Of the 25 recommendations that derive the current ABR, 21 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 84% and 4% of all recommendations.

Brokerage Recommendation Trends for ONON

Check price target & stock forecast for On Holding here>>>

While the ABR calls for buying On Holding, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.

Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.

This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.

Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.

Zacks Rank Should Not Be Confused With ABRIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.

Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.

On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.

Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.

Is ONON Worth Investing In?In terms of earnings estimate revisions for On Holding, the Zacks Consensus Estimate for the current year has increased 2.8% over the past month to $1.77.

Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for On Holding. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, the Buy-equivalent ABR for On Holding may serve as a useful guide for investors.

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

Zacks Premium also includes the Zacks Style Scores.

What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Signet (SIG - Free Report) Founded in 1950 and headquartered in Hamilton, Bermuda, Signet Jewelers Limited (SIG - Free Report) is the world's largest retailer of diamond jewelry and a leading specialty jewelry retailer. The company operates primarily in the United States, Canada, the U.K. and the Republic of Ireland through a portfolio of well-known jewelry brands. As of May 2, 2026, Signet operated 2,559 stores worldwide.

SIG is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.

It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 7.71; value investors should take notice.

Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.27 to $10.57 per share. SIG also boasts an average earnings surprise of +87.5%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, SIG should be on investors' short list.

9.7.2026 16:29

Pražská burza se po celou seanci pohybovala v kladném teritoriu a nakonec měřeno indexem PX přidala 0,60 % na hodnotu 2 608 bodů. Tahounem růstu se stala Erste Bank, když posílila o 2,48 % na 2 847 Kč. V závěrečné aukci se do plusu překlopil ČEZ a zakončil se ziskem 0,88 % na 1 262 Kč. Moneta Money Bank potom stoupla o 0,84 % k úrovni 193 Kč a Komerční banka přidala mírných 0,05 % nad 981 Kč. Naopak nedařilo se zbrojařům, CSG kleslo o 2,89 % na 329 Kč a emise Colt CZ ubrala 1,20 % na 904 Kč. Největší pokles registrovaly akcie Doosan Škoda Power a to 3,76 % na 474 Kč.

Josef Dudek, makléř, Fio banka, a.s.

Key Takeaways Petrobras agreed with ANP to bring 335 temporarily abandoned offshore wells into compliance by 2030.PBR will pay 300 million reais under the agreement and has completed work on 233 covered wells.Petrobras' roadmap sets milestones through 2030 to meet safety, environmental and technical standards. Petrobras (PBR - Free Report) has taken another significant step toward strengthening its operational standards after signing a comprehensive agreement with Brazil's oil regulator, the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”). According to Reuters, the agreement commits the Brazilian state-run energy giant to bringing 335 temporarily abandoned offshore wells into full compliance with its safety and environmental regulations by the end of 2030.

The deal highlights Petrobras' ongoing efforts to improve regulatory compliance while reinforcing its long-term commitment to responsible offshore oil and gas operations. It also highlights the company's willingness to work closely with regulators to ensure that Brazil's offshore energy sector continues to meet evolving environmental and operational standards.

PBR Reaches Compliance Agreement With ANPPetrobras and the ANP finalized the agreement following extensive negotiations designed to resolve outstanding regulatory issues related to temporarily abandoned offshore wells. Under the terms of the agreement, PBR will pay 300 million Brazilian reais (approximately $58.3 million) to the regulator while committing to complete all necessary compliance work by the conclusion of 2030.

The agreement establishes a structured roadmap for PBR to ensure that every affected offshore well satisfies Brazil's latest technical, environmental and operational safety requirements. Rather than imposing immediate enforcement actions, the negotiated framework provides PBR with a defined timeline to complete remediation activities while maintaining regulatory oversight throughout the process.

This collaborative approach reflects the importance of balancing environmental protection with the operational realities of managing one of the world's largest offshore oil portfolios.

PBR Has Already Completed Significant ProgressA major highlight of the agreement is that PBR has already completed compliance work on 233 of the 335 offshore wells covered by the settlement. This demonstrates that the company has been actively addressing regulatory requirements well before the formal agreement was signed.

With nearly 70% of the affected wells already brought into compliance, PBR has substantially reduced the remaining workload. The company now needs to complete compliance measures for the remaining wells over the coming years under the established regulatory timetable.

This progress illustrates Petrobras' commitment to proactive operational management and strengthens investor confidence that it is capable of meeting the long-term obligations.

Why Offshore Well Compliance MattersTemporarily abandoned offshore wells require continuous monitoring and maintenance to ensure they remain safe throughout periods of inactivity. Regulatory compliance typically includes verifying structural integrity, maintaining pressure control systems, conducting environmental inspections and ensuring that well barriers remain secure.

Failure to properly manage inactive offshore wells can increase operational risks while creating potential environmental concerns. As offshore production becomes increasingly important to Brazil's energy sector, regulators have placed greater emphasis on ensuring that every well — whether producing or temporarily inactive — meets strict technical standards.

The agreement reinforces the importance of preventive maintenance and systematic oversight in offshore energy development.

Environmental Responsibility Remains a Strategic PriorityEnvironmental stewardship has become an increasingly important component of Petrobras' corporate strategy. The company's investment in bringing offshore wells into compliance aligns with broader industry trends emphasizing responsible energy production alongside operational efficiency.

By addressing regulatory requirements through a negotiated agreement, PBR demonstrates its willingness to invest significant financial resources in environmental protection and risk management. The compliance program supports Brazil's broader objectives of maintaining high environmental standards while preserving the long-term sustainability of offshore oil production.

As global investors continue to evaluate environmental, social and governance performance, initiatives such as this agreement may strengthen Petrobras' standing among institutional shareholders focused on sustainable operations.

Financial Impact of the AgreementAlthough PBR will pay 300 million reais under the settlement, the financial obligation remains relatively modest when viewed against its overall scale and cash-generating capacity.

PBR continues to rank among the world's largest integrated energy companies, supported by highly productive offshore assets located primarily in Brazil's pre-salt basins. The company's substantial operating cash flow provides the financial flexibility necessary to fund compliance programs while continuing investments in exploration, production and infrastructure development.

The agreement also removes uncertainty surrounding the regulatory status of the affected wells, providing greater clarity for investors evaluating the company's long-term operational outlook.

ANP Strengthens Regulatory OversightFor Brazil's National Agency of Petroleum, Natural Gas and Biofuels, the agreement represents an important example of effective regulatory enforcement through negotiated compliance rather than prolonged legal disputes.

The regulator continues to prioritize operational safety, environmental protection and responsible management of offshore infrastructure. By establishing measurable milestones extending through 2030, the ANP can monitor Petrobras' progress while ensuring that compliance activities proceed according to schedule.

This cooperative regulatory framework benefits both industry participants and public stakeholders by promoting accountability without disrupting essential energy production.

Implications for Brazil's Offshore Energy IndustryBrazil remains one of the world's leading offshore oil producers, with PBR serving as the dominant operator across many of the country's most productive fields. Regulatory agreements of this nature reinforce confidence in Brazil's energy governance framework while supporting continued investment in offshore development.

As offshore operations become more technologically advanced, regulatory expectations surrounding well integrity, environmental monitoring and operational safety are expected to remain stringent. Petrobras' compliance initiative may serve as a benchmark for other operators managing temporarily abandoned offshore assets within Brazilian waters.

This agreement also reflects the growing emphasis on maintaining aging infrastructure while preparing for future production opportunities across Brazil's expanding offshore portfolio.

Petrobras Positions Itself for Long-Term Operational StabilityWith most of the required wells already compliant and a clearly defined roadmap extending through 2030, PBR has positioned itself to resolve a key regulatory issue while maintaining focus on the broader strategic objectives.

The company's proactive progress, combined with its cooperative approach toward the ANP, demonstrates a commitment to operational excellence, environmental responsibility and regulatory transparency. As PBR continues expanding production from the world-class offshore assets, the successful execution of this compliance program will further reinforce its reputation as a responsible and resilient global energy producer.

The agreement represents more than a regulatory settlement — it reflects Petrobras' ongoing efforts to strengthen operational standards, safeguard Brazil's offshore resources and support sustainable long-term growth within one of the world's most important energy markets.

PBR's Zacks Rank & Key PicksCurrently, PBR has a Zacks Rank #5 (Strong Sell).

Investors interested in the energy sector might look at some better-ranked stocks like ARKO Petroleum Corp. (APC - Free Report) ,Paramount Resources (PRMRF - Free Report) and Cenovus Energy (CVE - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

ARKO Petroleum is valued at $243.11 million. It is a small-cap fuel distribution company that distributes motor fuel through wholesale, fleet fueling and fuel supply operations, serving customers across more than 30 U.S. states. ARKO Petroleum stock has delivered an approximately 9.8% return over the past year.

Paramount Resources is valued at $2.96 billion. It is a Canadian energy company focused on the exploration, development and production of natural gas, crude oil and natural gas liquids. Paramount Resources stock has delivered 32.5% total return over the past year.

Cenovus Energy is valued at $46.91 billion. It is a Canadian integrated energy company engaged in the production of crude oil and natural gas, as well as refining, upgrading and marketing petroleum products, operating across Canada, the United States and the Asia-Pacific region. Cenovus Energy stock has delivered an 82.6% total return over the past year.

Team to compete as the Oklahoma Wildcatters, Presented by Auris, under new partnership connecting two Oklahoma-based organizations committed to growth, performance and community impact

, /PRNewswire/ -- The Oklahoma Wildcatters today announced a landmark partnership with Auris, naming the payroll and HR leader as the team's presenting partner beginning with the 2026 PBR Teams season.

As part of the partnership, the organization will compete as the Oklahoma Wildcatters, Presented by Auris, marking one of the biggest individual team deals in league history and reinforcing a shared commitment to excellence, accountability and long-term investment in Oklahoma.

The partnership expands upon Auris' growing presence in Oklahoma City while aligning with one of the state's most recognizable professional sports brands. Auris branding will be prominently featured across team uniforms, digital content, fan engagement initiatives, marketing campaigns and Wildcatters events throughout the season.

"We are proud to welcome Auris as our presenting partner and excited to officially become the Oklahoma Wildcatters, Presented by Auris," said Brandon Bates, CEO of the Oklahoma Wildcatters. "This partnership represents more than sponsorship — it represents two Oklahoma-based organizations committed to growth, excellence and serving our communities. Auris is a company that understands what it takes to build a winning culture. They believe in people, performance and doing things the right way. Those values align perfectly with what we're building as an organization and what we represent across Oklahoma."

The alignment is a natural one for Auris. The company's customers are the same business owners and operators who fill PBR arenas, making the Wildcatters' fan base an audience Auris already knows and is built to serve.

"We're excited to deepen our relationship with the Wildcatters and become part of their continued growth," said Vince Lombardo, president of Auris. "At Auris, we exist to serve the small and medium-sized businesses that are the backbone of America, and there may be no fan in sports who better understands hard work and what it takes to build something than the PBR fan. They are business-minded, community-driven and relentless — the same values we bring to work every day.

"Partnering with the Wildcatters allows us to stand alongside an audience that embodies everything we believe in. We are proud to become part of the Wildcatters family and to help support the continued growth of one of Oklahoma's premier professional sports organizations."

The Oklahoma Wildcatters compete in the PBR Teams league, featuring the world's top bull riders competing in head-to-head team competition. Since joining the league, the Wildcatters have quickly established themselves as one of the sport's most recognizable franchises while building a strong connection with fans across Oklahoma through major events at Paycom Center and OG&E Coliseum.

The team's annual homestand event, Wildcatter Days, returns to Paycom Center in Oklahoma City July 31 through August 2, bringing the world's top bull riders and all 10 PBR Teams franchises together for three days of elite competition. Tickets for Wildcatter Days are available at thewildcatters.com and PBR.com.

The Wildcatters will also host Wildcatters vs. The World at OG&E Coliseum during the Oklahoma State Fair, September 24–26, the franchise's second marquee event in Oklahoma. The event features international competition, western sports entertainment and a celebration of Oklahoma's deep connection to western culture, continuing the organization's commitment to growing professional bull riding while creating unique experiences for fans across the state.

Together, the Wildcatters and Auris will collaborate on community initiatives, business engagement opportunities, fan experiences and content designed to strengthen connections across Oklahoma while helping elevate the sport of professional bull riding.

About Auris

Auris is the payroll and HR partner built for small and medium-sized businesses that cannot afford to get it wrong. Trusted by more than 50,000 businesses nationwide, Auris combines intuitive technology with dedicated human support to help organizations manage payroll, HR and benefits with confidence. Formerly Heartland Payroll, Auris continues to expand its mission of helping businesses thrive while building lasting partnerships in the communities it serves. For more information, visit auris.io.

About the Oklahoma Wildcatters

The Oklahoma Wildcatters, presented by Auris, are a PBR Teams franchise based in Oklahoma City, bringing the energy, grit and high-stakes intensity of professional bull riding to the heart of Oklahoma through Wildcatter Days at Paycom Center and Wildcatters vs. The World at OG&E Coliseum during the Oklahoma State Fair. The team is operated by an ownership group led by professional golfer and Oklahoma native Talor Gooch and sports executive Preston Lyon, with a shared vision to grow premier sports and entertainment properties rooted in competition, community and authentic fan connection.

Gooch, the 2023 LIV Golf Individual Champion and captain of OKGC (Oklahoma Golf Club) in LIV Golf, is a Midwest City native and Oklahoma State University alumnus whose work off the course includes philanthropic efforts through the Talor Gooch Foundation to support and empower children in Oklahoma. Lyon is the Founding Partner and Chief Executive Officer of Intrepid XXII, a full-service sports agency focused on talent representation, sponsorship consulting, advisory services and the development of new ventures across sports and entertainment.

Together, the ownership group continues to expand its portfolio across emerging and established sports properties, including the Oklahoma Wildcatters, Mississippi Blues Angling Club of the Sport Fishing Championship and Bare Knuckle Fighting Championship. The Wildcatters represent Oklahoma's Western sports culture, competitive spirit and deep-rooted pride — proudly riding FEARLESS FOR THE 46. For more information, visit thewildcatters.com.

About PBR Teams

PBR Teams is an elite league featuring the world's top bull riders competing on teams in five-on-five games leading to a Team Championship at T-Mobile Arena in Las Vegas. During the 2026 season, each of the league's 10 teams – Arizona Ridge Riders, Austin Gamblers, Carolina Cowboys, Florida Freedom, Kansas City Outlaws, Missouri Thunder, Nashville Stampede, New York Mavericks, Oklahoma Wildcatters and Texas Rattlers – will host a three-day homestand event while competing for the league championship.

PBR Teams, launched in 2022, builds on the existing structure of professional bull riding with the same basic rules for judging and scoring qualified 8-second bull rides. During events, teams compete head-to-head with the team posting the highest aggregate score declared the winner.

PBR is part of TKO Group Holdings, Inc. (NYSE: TKO), a global sports and entertainment company. For more information, visit PBR.com.

SOURCE Auris

NEW YORK--(BUSINESS WIRE)--Elliptic, the global leader in digital asset intelligence, today announced that an affiliate of Circle Internet Group, Inc. (‘Circle’) (NYSE:CRCL) has joined its Agentic Design Partner Program, bringing together infrastructure providers, compliance teams, and technology leaders to help shape compliance solutions for autonomous, AI-driven financial activity.

This momentum follows an investment from Circle Ventures, the corporate venture arm of Circle, and builds on a longstanding collaboration between the companies. Circle has been an Elliptic customer for multiple years and has expanded its use of Elliptic’s compliance capabilities across a range of digital asset initiatives.

As stablecoins, tokenized assets, and AI-powered applications become increasingly integrated into financial services, new compliance challenges are emerging. Elliptic’s agentic compliance layer addresses these challenges by combining unique datasets, a scalable query platform and a set of agents that can detect and process alerts at the speed of AI. These capabilities are designed to help organizations maintain auditable, compliance-ready oversight as autonomous systems increasingly participate in financial activity.

The Agentic Design Partner Program reflects how Elliptic builds agentic compliance solutions. Elliptic believes agentic AI in regulated industries cannot be designed in isolation and must be built continuously with the compliance teams who operate it because the transaction patterns, behavioral signals and failure modes of autonomous agents have no equivalent in human-paced finance. Agentic Design partners can contribute real alert volumes, live transaction data and production-scale edge cases. In return, they help shape Elliptic's roadmap, get first access to new capabilities and help define the standard before the rest of the market catches up.

Circle’s participation in the Agentic Design Partner Program provides Elliptic with operational insights and real-world feedback as it develops solutions for emerging onchain financial workflows.

“As autonomous systems increasingly participate in financial activity, compliance and risk management must evolve alongside them. We’re excited to support Elliptic as they develop infrastructure designed to help enterprises navigate these emerging challenges and build more confidently in an increasingly autonomous onchain economy.” - Brian Schultz, Vice President of Corporate Development and Ventures at Circle.

"The compliance challenge for agentic on-chain finance is not theoretical. It is being solved right now, by the teams building the infrastructure. Other vendors in this space are now claiming agentic compliance. The difference is where you build it. We are building with Circle from inside the infrastructure agents will run on, not shipping a product from the outside and hoping it fits. Circle’s participation in our Agentic Design Partner Program and Circle Ventures’ investment reinforce the importance of building agentic compliance infrastructure from within the systems and workflows these applications will rely on." Simone Maini, CEO, Elliptic

About Elliptic

Elliptic is the leader in digital asset decisioning, we have built the most comprehensive platform for efficiently extracting cryptoasset data and intelligence across blockchains with the greatest accuracy.

Our platform’s unrivalled uptime, scalability, depth and breadth of our data and intelligence means exacting organizations choose Elliptic for their compliance, risk management, intelligence operations and blockchain infrastructure needs.

Founded in 2013, Elliptic is headquartered in London with offices in New York, Washington D.C., Miami, Dubai, Hong Kong, Singapore and Tokyo. To learn more, visit www.elliptic.co and follow us on LinkedIn and X.

MCLEAN, Va.--(BUSINESS WIRE)--AIRO Group Holdings, Inc. (Nasdaq: AIRO), a next-generation aerospace and defense company, today announced the successful delivery of an unmanned aircraft systems (UAS) order. This marks the first operational deployment of its Zentra camera offering, included on the RQ-35 Heidrun. The delivery was completed during the second quarter of 2026. The proprietary Zentra Suite System, developed by AIRO subsidiary Sky-Watch, advances the Company's vertically integrated UAS.

Cava Group (CAVA - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Over the past month, shares of this Mediterranean restaurant chain have returned -17.1%, compared to the Zacks S&P 500 composite's +1.1% change. During this period, the Zacks Retail - Restaurants industry, which Cava falls in, has gained 5.5%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current quarter, Cava is expected to post earnings of $0.17 per share, indicating a change of +6.3% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $0.55 points to a change of +1.9% from the prior year. Over the last 30 days, this estimate has remained unchanged.

For the next fiscal year, the consensus earnings estimate of $0.71 indicates a change of +30.2% from what Cava is expected to report a year ago. Over the past month, the estimate has remained unchanged.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Cava.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

In the case of Cava, the consensus sales estimate of $353.73 million for the current quarter points to a year-over-year change of +26.1%. The $1.49 billion and $1.78 billion estimates for the current and next fiscal years indicate changes of +26.2% and +19.5%, respectively.

Last Reported Results and Surprise HistoryCava reported revenues of $438.27 million in the last reported quarter, representing a year-over-year change of +32.1%. EPS of $0.2 for the same period compares with $0.22 a year ago.

Compared to the Zacks Consensus Estimate of $419.46 million, the reported revenues represent a surprise of +4.49%. The EPS surprise was +17.65%.

Over the last four quarters, Cava surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Cava is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Cava. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

-

BOSTON--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), today announced it will release its second quarter 2026 financial results after the market close on Tuesday, August 4, 2026. OneSpan will host a conference call that day at 4:30 p.m. ET to discuss the results.

A live webcast of the conference call will be accessible from the OneSpan investor relations website at investors.onespan.com. Shortly after the conclusion of the call, a replay of the webcast will be available on the same website.

For investors and analysts accessing the conference call by phone, please use this registration link to receive dial-in details. OneSpan encourages participants to dial-in at least 15 minutes before the start of the call.

About OneSpan

OneSpan helps organizations build secure, seamless, and trusted digital experiences through two solution portfolios: Cybersecurity and Digital Agreements. Our cybersecurity solutions protect identities, secure mobile apps, and safeguard access through advanced high-assurance authentication, threat intelligence, fraud prevention, and robust mobile app protection, defending users, devices, and applications against sophisticated attacks. Our digital agreement solutions streamline agreement workflows with secure e-signatures, identity verification, and smart digital forms, built to enable speed, compliance and exceptional customer experiences. Trusted by leading global enterprises, including more than 60% of the world’s 100 largest banks, OneSpan processes over 100 million digital agreements and billions of secure authentication transactions across more than 120 countries each year.

For more information, visit our website, explore our blog, or follow us on LinkedIn or YouTube.

Copyright© 2026 OneSpan North America Inc., all rights reserved. OneSpan™ is a registered or unregistered trademark of OneSpan North America Inc. or its affiliates in the U.S. and other countries.

More News From OneSpan Inc.

Back to Newsroom

OneSpan (OSPN - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this internet security company have returned +4.3%, compared to the Zacks S&P 500 composite's +1.1% change. During this period, the Zacks Internet - Software industry, which OneSpan falls in, has gained 3.2%. The key question now is: What could be the stock's future direction?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

OneSpan is expected to post earnings of $0.25 per share for the current quarter, representing a year-over-year change of -26.5%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

For the current fiscal year, the consensus earnings estimate of $1.23 points to a change of -17.5% from the prior year. Over the last 30 days, this estimate has remained unchanged.

For the next fiscal year, the consensus earnings estimate of $1.33 indicates a change of +8.1% from what OneSpan is expected to report a year ago. Over the past month, the estimate has remained unchanged.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for OneSpan.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

For OneSpan, the consensus sales estimate for the current quarter of $57.75 million indicates a year-over-year change of -3.5%. For the current and next fiscal years, $246.53 million and $256.09 million estimates indicate +1.4% and +3.9% changes, respectively.

Last Reported Results and Surprise HistoryOneSpan reported revenues of $65.95 million in the last reported quarter, representing a year-over-year change of +4.1%. EPS of $0.39 for the same period compares with $0.45 a year ago.

Compared to the Zacks Consensus Estimate of $60.94 million, the reported revenues represent a surprise of +8.22%. The EPS surprise was +8.33%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates two times over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

OneSpan is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about OneSpan. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

Klarna, the global digital bank and flexible payments provider, has established its first forward flow and warehouse financing agreement in Germany, a €900 m

New manufacturing lines in Milpitas, California will support an anticipated 7x increase in production of Cerebras CS-3 systems as demand for high-performance AI infrastructure accelerates.

, /PRNewswire/ -- Flex and Cerebras Systems Inc. today announced an expanded manufacturing partnership to scale production of the Cerebras CS-3, one of the world's most advanced AI accelerator systems, at Flex manufacturing facilities in Milpitas, California. As demand for AI infrastructure accelerates, the collaboration reflects a significant expansion of advanced manufacturing capacity in the United States.

The expanded operation is expected to increase CS-3 production capacity by approximately 7x through 2026, supported by new production lines, expanded floor space, advanced test infrastructure, and additional skilled manufacturing talent based in California.

At a time when electronics manufacturing is often associated with overseas supply chains, this partnership demonstrates that some of the world's most sophisticated AI systems are being designed, assembled, integrated, and tested in the heart of Silicon Valley.

"The CS-3 is unlike any computer system ever built, and scaling its production requires an extraordinary manufacturing partner. Flex brings the technical depth, operational rigor, and manufacturing expertise needed to support that scale," said Dhiraj Mallick, COO of Cerebras. "People often think the entire AI manufacturing and packaging supply chain lives overseas, but everyday across the U.S., teams of American engineers and technicians are building state-of-the-art AI systems that power frontier AI workloads around the world."

The CS-3 is built on Cerebras' industry-leading wafer-scale engine architecture, featuring a processor physically larger than any conventional AI chip. The system integrates advanced liquid cooling, high-density power delivery, precision mechanical assembly, and tightly coordinated networking infrastructure into a platform designed for large-scale AI training and inference.

Manufacturing the CS-3 presents challenges rarely encountered in traditional server production. Each system requires specialized handling processes, custom tooling, precision calibration, and extensive system-level validation. Flex engineers worked closely with Cerebras to develop dedicated assembly flows, automated test stations, and new manufacturing methodologies tailored specifically to wafer-scale computing systems.

"The CS-3 does not resemble a conventional server or rack-scale compute platform," said Rob Campbell, President of Communication, Enterprise and Cloud at Flex. "Every stage of the manufacturing process—from mechanical integration to thermal validation and final system qualification—required deep collaboration between our engineering teams. We thank Cerebras for their partnership in demonstrating what American advanced manufacturing can achieve when two highly technical organizations work side by side."

To support the ramp, Flex is expanding dedicated manufacturing operations for Cerebras in Milpitas, with multiple new assembly and integration lines coming online through 2026. The footprint devoted to CS-3 manufacturing is expected to grow substantially this year as production accelerates to meet customer demand from AI model developers, cloud providers, and enterprise customers.

The expansion is also contributing to growth in high-skilled manufacturing roles across the region, including manufacturing, systems integration, quality, supply chain, and testing.

Inside the Milpitas facility, production operations span precision mechanical assembly, high-power electrical integration, liquid cooling installation, optical networking validation, and full-rack system qualification. To support growing demand, the site has expanded into a high-throughput manufacturing environment with parallel integration lines, enhanced burn-in and validation areas, additional automated test infrastructure, and increased warehouse and logistics capacity for critical components and finished systems. Tooling and fixtures will enable multiple CS-3 systems to move through integration and testing simultaneously, which is expected to significantly increase throughput while maintaining the rigorous quality and reliability standards required for large-scale AI deployments.

To learn more, please visit cerebras.ai/flex.

About Flex

Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps leading brands design, build, and manage products that improve the world. With a global footprint spanning 30 countries, Flex delivers advanced manufacturing and supply chain solutions, innovative products and technology, and lifecycle services that support customers from concept to scale. In the AI era, Flex is helping customers accelerate data center deployment by solving power, heat, and scale challenges through cutting-edge power and cooling technology and scalable IT infrastructure solutions. For information about Flex's intent to spin off its Cloud and Power Infrastructure portfolio, visit: https://flex.com/transaction-resources

About Cerebras Systems

Cerebras Systems (NASDAQ: CBRS) is building the fastest AI infrastructure in the world. Cerebras is a team of pioneering computer architects, computer scientists, AI researchers, and engineers of all types that have come together to make AI blisteringly fast through innovation and invention. Cerebras believes that when AI is fast, it will change the world. Cerebras' flagship technology, the Wafer-Scale Engine 3 (WSE-3) is the world's largest and fastest commercialized AI processor. Fifty-eight times larger than a leading GPU chip, the WSE-3 uses a fraction of the power per unit compute while delivering inference up to 15 times faster than leading GPU-based solutions as benchmarked on leading open-source models. Leading corporations, research institutes, and governments on four continents chose Cerebras to run their AI workloads. Cerebras solutions are available on premises and in the cloud.

Contacts

Flex Media & Press 
Christie Haber
Senior Director, Commercial Marketing
(602) 245-1057
[email protected]

Flex Investors & Analysts
Michelle Simmons
Senior Vice President, Global Investor Relations and Public Relations
(669) 242-6332
[email protected]

Cerebras
[email protected]

Forward-Looking Statements

This press release contains forward-looking statements, including but not limited to: the anticipated 7x increase in production of CS-3 systems, multiple new assembly and integration lines coming online through 2026, the expected substantial growth this year in the footprint devoted to CS-3 manufacturing, and the expected significant increase in throughput of CS-3 systems while maintaining quality and reliability. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate", "estimate", "expect", "project", "plan", "intend", "target", "aim", "believe", "may", "will", "should", "becoming", "look forward", "could", "can," "can have", "likely" and other words and terms of similar meaning. Forward-looking statements give our current expectations and projections relating to the information in this press release. Neither Cerebras, Flex, nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The forward-looking statements included in this press release relate only to events and information as of the date hereof. Neither Cerebras nor Flex undertakes any obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expected. 

SOURCE Flex

SpaceX (NASDAQ: SPCX) July 7 inclusion into the Nasdaq-100 index was accompanied by a veritable flood of analyst ratings, including the equity’s latest and staggering Street high price target.

Specifically, Raymon James analyst Brian Gesuale initiated SPCX coverage on Tuesday with a bullish ‘Buy’ recommendation and a forecast that the stock would soar 439.59% to $800 within the next 12 months.

According to the note, the positive attitude and the associated SpaceX stock price target primarily hinge on the company’s potential to become a veritable infrastructure giant, as well as on programs and projects like Starship and Starlink.

Wall Street predicts SpaceX stock price for the next 12 months Simultaneously, though the Raymon James $800 forecast was a standout considering it predicts a 439.59% rally from SPCX shares’ latest close at $148.26, it was merely one of the numerous ‘Buy’ recommendations issued within the last two days.

Indeed, the latest series of notes altered the overall balance of ratings and turned Elon Musk’s newer public company into a ‘Strong Buy,’ with a total of 22 such rankings, 4 ‘Hold’ assessments, and only a single ‘Sell’ rating.

Additionally, SpaceX stock is, on average, expected to rocket 65.85% to $245.96 in the next 12 months, per the data Finbold retrieved from TipRanks on July 9, 2026.

Wall Street sets SpaceX stock price target for the next 12 months. Source: TipRanks Meanwhile, Wall Street’s optimism has, so far, not been matched by SPCX shares’ actual stock market performance. 

SPCX stock price performance since the SpaceX IPO After an initial SpaceX rocketing to its all-time high (ATH) of $225.64 just four days after the initial public offering (IPO), the equity found itself crashing and has, in the last week, generally been gravitating toward its June 12 opening price of $150.

SpaceX stock price one-week chart. Source: Google Still, shares of SPCX remain 9.82% above their IPO price of $135, and the Thursday pre-market shows some signs that a rally might launch SpaceX higher soon, as it, by press time, featured a 1.81% rally to $150.95.

Featured image via Shutterstock

Best Crypto Exchange for Intermediate Traders and Investors

Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

Copy top-performing traders in real time, automatically.

eToro USA is registered with FINRA for securities trading.

30+ million Users worldwide

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer!

By You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Elon Musk took SpaceX public in June. TIMOTHY A. CLARY / AFP via Getty Images Elon Musk says SpaceX's blockbuster valuation has likely turned thousands of his employees into millionaires.

During a Wednesday interview on "The Sean Hannity Show," Musk was asked about a former SpaceX welder who was granted stock that soared to over $1 million in value after the company went public in June with a roughly $2 trillion market capitalization.

"It's not just one welder, it's several thousand people who were working on the production line, and if they started at the company relatively early, then probably their stock is worth over a million dollars at this point," Musk told stand-in host Texas Gov. Greg Abbott over the phone.

The Tesla and SpaceX CEO, whose personal wealth briefly crossed $1 trillion following SpaceX's IPO, said: "I've always had the philosophy that everyone at the company should receive stock in the company, so that they can participate in the upside of the company."

"It's great for aligning incentives as well, so as the company prospers, then the people at the company, the employees, also prosper," he added.

SpaceX didn't immediately respond to a request for comment.

Ahead of SpaceX's June 12 listing, Andrew Benson, the founder of pre-IPO trading platform Hill Markets, estimated the IPO would mint 4,400 new millionaires and over 400 centimillionaires.

Business Insider's Tom Carter spoke to a former SpaceX employee who said the company awarded its workers with stock options when they joined the company, at their annual reviews, and when they were promoted.

Employees were also allowed to sell some of their holdings to the company or investors in private liquidity events, usually held twice a year, the former employee said.

SpaceX CEO Gwynne Shotwell and her husband have moved to expand the number of beneficiaries of SpaceX's success by donating roughly $300 million worth of the company's stock to Trump Accounts — a government program intended to open an account with $1,000 in it for every American child born between the start of 2025 and the end of 2028. The gift won praise from Trump on Truth Social.

SpaceX stock jumped from its IPO price of $135 to over $200 in the days following its public debut, but has fallen to below $148 as of Wednesday's close.

In addition to discussing the IPO's financial benefits, Musk spoke with Abbott about his long-term ambitions for SpaceX.

Musk said he hopes that in 10 years' time, the company will have "established a base on the moon" and "enabled thousands, if not tens of thousands of people" to go there.

"We want to make the things that people see in science fiction, not fiction — we want to make them real," Musk said, adding that SpaceX's Starship system is "designed to carry ultimately tens of thousands of tons to the moon, to create effectively a city on the moon, and ultimately a city on Mars as well."

Musk added that "if things go well," SpaceX might send the first humans to Mars in about five years, and thousands of people to the red planet in 10 or 12 years.

Read next

Theron Mohamed You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Theron Mohamed is a London-based correspondent on the Trending team at Business Insider. His coverage spans finance, investing, wealth, markets, and the economy.Theron joined BI in 2019 as a reporter at Markets Insider and rose to the rank of correspondent before moving to the Trending team in 2024. He previously covered tech, media, and telecom stocks for Investors Chronicle magazine and had a brief stint on the Financial Times' Data team. He interned at the Wall Street Journal in New York where he primarily wrote for Heard on the Street.Theron has freelanced for The Independent, The Telegraph, WIRED, and several smaller publications. He holds an undergraduate degree in geography from the London School of Economics, and a master's degree in journalism from Columbia University.Theron often covers Warren Buffett, Michael Burry, Jeremy Grantham and other top-flight investors. He also writes about the world's wealthiest people and shares financial advice from all manner of rich and successful people.Email Theron at [email protected] and follow him on X @theron_mohamed.Expertise

Corporate financeStocks and investingWealth and philanthropyBusiness historyUS economyWarren Buffett and Berkshire HathawayPopular articlesAl Pacino says he went from $50 million to broke, joining a long list of stars who've experienced money troublesAn oil tycoon sold his company for $26 billion this year — but died before the deal closedWarren Buffett drinks 5 cans of Coke a day — here's why he switched from Pepsi after nearly 50 yearsMeet the 16 people in the $100 billion club — who are jointly worth more than Amazon or Google'Big Short' investor Michael Burry kept quiet, piled into China tech, and won big with a stock bet in 2024Bill Gates' former assistant is worth $154 billion — and could soon be richer than the Microsoft cofounderHoward Schultz talked about Steve Jobs, trademarking the latte, and Starbucks' problems in a marathon interviewWarren Buffett just made a rare trip to Tokyo. Here's the story of a disastrous sushi dinner that made him swear off Japanese food forever.21 states where recession bells are ringing after unemployment jumpsWarren Buffett is building the Noah's Ark of rainy-day funds. Here's why he's stacked up more than $300 billion.The 'Shark Tank' star Kevin O'Leary warns couples not to combine finances: 'I don't care how in love you are'The Waltons are once again the world's wealthiest family, beating out Gulf royalty and fashion dynasties

Elon Musk SpaceX Wealth More Tech

Meta Platforms stock is trading near recent lows. What should traders watch with META? Breaking Ground in CanadaThe Sturgeon County data center will be powered by 100% clean and renewable energy, with Meta fully funding new generation and grid infrastructure to support its energy needs. The facility will use a water-efficient closed-loop, liquid-cooled system with dry cooling, meaning no operational water use in the cooling system.

The model pairs with Muse Spark to plan layouts, look up real-time web context, and intelligently blend multiple visual references. Users can also tag Instagram accounts to incorporate public photos into their creations. Muse Image is free for everyday use and is also available as part of Meta’s subscription plans. Muse Video is already in development.

Meta Shares DropMETA Price Action: At the time of publication, Meta shares are trading 3.55% lower at $581.70, according to data from Benzinga Pro.

Image via Shutterstock

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

Meta Platforms Inc (NASDAQ:META) is sitting out the broader tech rally today, down 4.1% to trade at $578.19. An internal memo reviewed by Reuters indicated the company may spend up to $145 billion on AI infrastructure this year. The aim is to double computing capacity by 2027, and plans to begin manufacturing its 'Iris' chip in September.

META is now down 12.6% in 2026 and back below $600, with recent rallies turned away at a confluence of moving averages. Longer term, the shares are down nearly 21% in the last 12 months, carving a channel of lower highs.

Options bulls are steadfast. META's 10-day call/put volume ratio of 2.21 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) ranks higher than 86% of readings from the past year. 

Echoing this, the stock's Schaeffer's put/call open interest ratio (SOIR) of 0.51 sits in the 6th percentile of its annual range, which indicates a heavy preference for calls among short-term traders.

People walk behind a logo of Meta Platforms company, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas Purchase Licensing Rights, opens new tab

July 9 (Reuters) - Meta Platforms (META.O), opens new tab on Thursday released long-awaited developer access to its Muse Spark AI model alongside an upgraded version, pitting it directly against the business models of ​Anthropic and OpenAI in charging for use of its AI.

The social ‌media giant touted Muse Spark 1.1 as its most capable model for real-world coding and agentic tasks, part of a broader mission the company is pitching of delivering "personal superintelligence."

The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.

Meta said the ​upgraded model can write and debug code, use software and external tools, ​understand text, images and video, and carry out complex multi-step tasks ⁠with less human intervention.

In April, Meta debuted Muse Spark, the first text and ​reasoning AI model from the superintelligence team it assembled last year to close ​the gap with rivals in the heated competition for AI supremacy.

Meta was testing the Application Programming Interface with partners in a private preview during its launch. The API is a key element ​for AI systems, acting like a digital bridge for developers that allows them to ​use the model's capabilities in their own software systems.

Developers in the United States can now ‌access Muse ⁠Spark in public preview on Meta Model API, letting them test prompts, compare outputs and prototype integrations.

Those who sign up for the API receive $20 in free credits to test the model before switching to pay-as-you-go pricing.

The access is priced at $1.25 ​per million input tokens ​and $4.25 per million ⁠output tokens, above OpenAI's entry-level GPT‑5 mini and Anthropic's low-cost Claude Haiku 4.5, but below Anthropic's higher-end Claude Sonnet 4.6 ​model.

The new model is now available in Thinking mode in ​the Meta ⁠AI app and on the website. It is also expected to replace existing Llama models powering chatbots on WhatsApp, Instagram, Facebook and Meta's collection of smart glasses.

The release ⁠follows a ​company announcement on Tuesday expanding generative AI tools across ​its apps by rolling out Muse Image, its first image-generation model from Meta Superintelligence Labs.

Reporting by Harshita ​Mary Varghese in Bengaluru and Katie Paul in New York; Editing by Pooja Desai

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Season 2 of the Neighborhue expands from New York to Orlando, spotlighting acclaimed mural artists Don RIMX, Carlos Mateu and the role of public art in preserving culture

, /PRNewswire/ -- vitaminwater, in partnership with My Code, today announced the launch of Neighborhue: Still in Color, the next chapter of its integrated branded content platform that celebrates the artists and stories bringing color, culture, and connection to neighborhoods across America.

Building on the success of the original Neighborhue series, Season 2 evolves from a focus on restoration to one of continuation, exploring how public art lives on as an enduring expression of identity, heritage, and belonging. From New York City to Orlando, Florida, the series spotlights muralists whose work transforms public spaces into cultural landmarks while reflecting the communities that shape them.

Blending documentary-style video, editorial storytelling, and social-first content, Neighborhue: Still in Color offers an intimate perspective on the creative process behind each mural, revealing the personal stories and cultural influences that make each work of art unique. In doing so, the series reinforces vitaminwater's longstanding commitment to creativity and authentic self-expression. 

"We believe creativity is a powerful force for connection and self-expression, and the response to the first season of Neighborhue reinforced just how deeply people connect with stories rooted in community and culture," said Hillary Horton, vitaminwater Brand Director at The Coca-Cola Company. "That inspired us to expand the series introducing audiences to mural artists whose work reflects the identity and spirit of their communities. My Code and Remezcla were the natural collaborators to help bring that vision to life and connect these stories with audiences across the country."

The campaign features acclaimed muralists Don RIMX (David Sepulveda) and Carlos Mateu, whose work explores themes of cultural identity, resilience, and collective progress. In Orlando, Don RIMX revisits El Chamán, reflecting on how public art can bridge cultural memory and present-day community life. In Brooklyn, Carlos Mateu explores El Paso Del Tiempo, a mural created in collaboration with local residents that captures the evolution and shared spirit of the neighborhood.

"The best storytelling doesn't just represent a community, it comes from inside it," said Amani Duncan, Chief Executive Officer, My Code. "Don RIMX and Carlos Mateu aren't illustrating these neighborhoods, they're from them, and you feel it in every mural. What I appreciate about vitaminwater and Neighborhue: Still in Color is that it's a true example of a brand understanding the power of real artists telling real stories. That's how you reach growth audiences: not by talking at them, but by showing up where they already are."

The campaign launches today with Don RIMX in Orlando, followed by Carlos Mateu in Brooklyn on July 20. Content will roll out across My Code's owned and operated media ecosystem, including Remezcla's digital and social platforms, and includes hero documentary videos, short-form social content across Instagram Reels, TikTok, and YouTube Shorts, long-form editorial features, and visual storytelling through photography and mixed-media formats.

As Neighborhue continues to grow, vitaminwater and My Code remain committed to celebrating the artists and communities shaping culture across America. Neighborhue: Still in Color invites audiences to experience the stories behind the murals and the lasting impact they have on the neighborhoods they call home.

Follow @vitaminwater and @remezcla for campaign updates.

About My Code
My Code is a culture-first media company and marketing agency that connects brands with growth audiences, the multicultural and multigenerational consumers who represent the fastest-growing segments of the U.S. market. Through owned media properties including Remezcla Media Group, HipLATINA, La Opinión, and El Diario, plus a strategic publisher network spanning CTV, digital, social, audio, and experiential channels, My Code delivers both scale and cultural relevance. Its integrated marketing services and proprietary Intelligence Center give brands the insight and creative capability to authentically engage these audiences and drive measurable business growth. Learn more at mycodemedia.com.

About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Our water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Fuze Tea, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and Santa Clara. We're constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people's lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at www.coca-colacompany.com and follow us on Instagram, Facebook and LinkedIn.

SOURCE My Code

Earlier this year, Amazon overtook Walmart as the world’s biggest retailer by sales. The online marketplace’s claim to fame is selling everything under the sun—but such a massive catalog has its drawbacks. Amazon sells products by plenty of trusted brands, but to find them, shoppers have to wade through oceans of slop.

That includes “pseudo-brands,” such as online-only retailers typically named with a string of all-caps letters that look more like high-security passwords than brand names. (A cursory Amazon search for a tank top, for example, returns offerings from alphabet-soup-style brands like MAGCOMSEN, UOUA, and ANRABESS.)

That’s where a new tool called Knockoff comes in. The web extension from the developer Josh Pigford automatically sorts through brands on Amazon to filter out the sketchy options, and highlights the retailers that consumers can count on for quality service and products.

How Knockoff filters out the slopPigford was inspired to create Knockoff by his own experience shopping for a grass trimmer, when his died while he was doing yard work over the weekend.

Subscribe to the Daily newsletter.Fast Company's trending stories delivered to you every day

“I did the usual search on Amazon for replacement parts and the tools needed for that and I had the hardest time just finding well-made tools,” Pigford tells Fast Company over email. “Everything I was finding were those nonsensical brandnames with almost no selling history.”

[Image: Knockoff]“I think the first time I ever noticed how insane some of these brands were was when I shopping for a dog bed maybe two years ago and the top products were made by WNPETHOME and EHEYCIGA,” he adds. “So, I decided to build Knockoff to hide all of that and focus on what I think most people would at least subjectively call more ‘trustworthy’ brands.”

As Knockoff puts it on its website, the browser extension filters out knockoff retailers “so what’s left is brands with a reputation to lose.” It works by checking search results against a curated list of more than 5,000 established brands, then scoring unknown names based on their likelihood of being a pseudo-brand. Users can also help refine the tool by reporting any misclassifications, adding a human touch to the automatic filter.

Explore TopicsAmazonGoogle Chromenews

Microsoft shares are experiencing downward pressure. What’s pulling MSFT shares down? Replacing OpenAI and AnthropicAccording to Bloomberg, tens of thousands of AI prompts in Excel and Outlook are now being completed each week using Microsoft’s internally built MAI (Microsoft AI) models — a scale of usage that hasn’t been previously reported. Previously, both applications relied more heavily on models from OpenAI and Anthropic.

Microsoft uses massive quantities of AI tokens across products like its workplace assistant Copilot. For now, the company receives a significant portion of that technology at a discount through its long-standing partnership with OpenAI — but that arrangement has a clock on it, and Suleyman’s team is working to ensure Microsoft isn’t exposed to whatever pricing the leading AI labs decide to charge once the partnership terms shift.

The company announced seven new MAI models at its Build conference in June, including one it says can match the coding abilities of Anthropic’s Opus 4.6 model at a reduced cost. MAI models are also now available within GitHub Copilot, and Suleyman has said a Microsoft-built transcription model will begin appearing in Teams and other products in the coming months.

Microsoft Shares DropMSFT Price Action: At the time of publication, Microsoft shares are trading 1.52% lower at $377.52, according to data from Benzinga Pro.

Image via Shutterstock

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

Integration Empowers Organizations with Seamless, Fraud-Resistant Identity Verification and Authentication Across All Environments July 09, 2026 09:03 ET  | Source: 1Kosmos

ISELIN, N.J., July 09, 2026 (GLOBE NEWSWIRE) -- 1Kosmos, a leader in unifying identity proofing and passwordless authentication, today announced it has extended its existing partnership with Microsoft (Nasdaq: MSFT) as an official Entra Verified ID services and solution partner. This collaboration enables organizations to secure remote onboarding and establish enhanced digital trust using verifiable credentials issued by the 1Kosmos platform to eliminate hiring fraud, synthetic identities, and unauthorized account creation.

The 1Kosmos platform, integrated with Microsoft Entra Verified ID, offers an integrated solution for modernizing identity verification and is available on the Microsoft Security Store. 1Kosmos performs secure identity proofing by verifying government-issued credentials and matching them to a real-time biometric selfie with liveness detection, establishing high-assurance digital identities. This integration provides secure remote onboarding, ensuring the authenticity of users and strengthening identity assurance.

1Kosmos-Microsoft Entra Verified ID Capabilities

The 1Kosmos-Microsoft partnership enables customers to issue, hold, and verify cryptographically secure, tamper-evident digital identity credentials. Key features and benefits of the joint solution include:

Verifiable Credentials (VCs) & Decentralized Identity: Privacy-preserving digital identities backed by a decentralized private ledger for tamper-evident data and audit trails.Secure Remote Identity Proofing: Streamlined onboarding via verification of government IDs against live biometrics, certified to ISO/IEC 30107-3 and NIST IAL2/AAL2 standards.Seamless Entra Verified ID Integration: Facilitates identity issuance and verification, acting as an External Authentication Method (EAM) for Entra ID.Enhanced Fraud Prevention: Mitigates identity theft, synthetic identities, and account takeovers by binding verified identity to the user with advanced biometrics.Extended Passwordless Authentication: Provides strong, phishing-resistant passwordless access across environments beyond native Entra ID support (e.g., Mac, Linux, VPNs, PAM, legacy systems).Self-Service Password Reset & Account Recovery: Reduces IT Service Desk workload with biometric-backed self-service options for Entra ID, on-prem AD, and other accounts.Passwordless for Restricted Environments: Extends passwordless authentication to challenging use cases like kiosks and shared workstations using 1Kosmos 1Key biometric security keys. “Becoming a Microsoft Entra Verified ID partner reinforces our commitment to delivering the most secure and convenient identity solutions for employee onboarding,” said Mike Engle, Chief Strategy Officer for 1Kosmos. “This partnership provides organizations with a powerful, standards-based approach to remote onboarding and digital trust, ensuring robust and frictionless identity verification and authentication across their environments.”

“Strong partner ecosystems give customers the flexibility to choose the solutions that best meet their needs,” said Ankur Patel, Partner Group Product Manager at Microsoft. “We’re pleased to see 1Kosmos join the expanding set of identity verification partners supporting secure, high-assurance account recovery.”

For more information on the 1Kosmos - Microsoft Entra Verified ID solution for secure remote onboarding, please visit https://marketplace.microsoft.com/en-us/product/saas/onekosmosinc1744391571698.1kosmos_verification?tab=Overview .

About 1Kosmos
1Kosmos enables remote identity verification and passwordless multi-factor authentication for workers, customers, and residents to securely engage with digital services. By unifying identity proofing, credential verification, and strong authentication, the 1Kosmos platform prevents identity impersonation, account takeover, and fraud while delivering frictionless user experiences and preserving the privacy of users’ personal information.

The company conducts millions of authentications daily for major banks, telecommunications providers, technology and service providers, healthcare organizations, and retailers worldwide. 1Kosmos has raised more than $72M in venture capital funding, and is headquartered in Iselin, New Jersey. For more information, visit www.1kosmos.com and follow us on LinkedIn.

Media Contact:
Marc Gendron
Marc Gendron PR for 1Kosmos
617-877-7480
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7a07c8de-329e-447e-9167-606551acdee4

NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, July 9, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor.

By

July 9, 202611:33 AM UTCUpdated 18 mins ago

Citi Bank logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo Purchase Licensing Rights, opens new tab

NEW YORK, July 9 (Reuters) - Citigroup said ‌it completed its first instant international payment in dollars with a partner bank, Thailand's ​Siam Commercial Bank.

Make sense of global markets with the Trading Day newsletter. Sign up here.

Phillip Securities Thailand, ​a client of SCB, made ⁠an instant transfer of funds ​in dollars from a Citigroup account ​in the UK to a Siam Commercial Bank account in Thailand during the U.S. ​July 4 holiday weekend, Citigroup ​said in a statement.

SCB is among the 300 ‌banks ⁠integrated with Citi's international instant payments network that serves multinational clients at Citi's Services division.

Citi's Head ​of Payments ​Debopama ⁠Sen said she sees rising client interest in instant international ​transfers between accounts in different ​banks.

Instant ⁠international transfers through tokenized deposits within Citigroup accounts held by companies are close to $1 billion ⁠daily. Citigroup’s ​global payments division ​processes around $6 trillion daily across 180 countries.

Reporting by ​Tatiana Bautzer; Editing by Lincoln Feast.

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Tatiana Bautzer is a U.S. banking correspondent at Reuters in New York. She previously covered banks in Brazil, breaking news on deals by major global corporations, initial public offerings and bankruptcies. She has also delved into corruption scandals at Brazilian conglomerates and business disputes between billionaires. Prior to joining Reuters in 2015, Bautzer worked for business magazines Exame and Istoe Dinheiro and newspapers Valor Economico and O Estado de S. Paulo. She previously served as international correspondent for Valor Economico in Washington, D.C., covering multilateral institutions and trade. Bautzer holds a B.A. in Journalism and an MBA from the University of Sao Paulo.

Nike (NKE - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Over the past month, shares of this athletic apparel maker have returned -2.4%, compared to the Zacks S&P 500 composite's +1.1% change. During this period, the Zacks Shoes and Retail Apparel industry, which Nike falls in, has lost 1.2%. The key question now is: What could be the stock's future direction?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

For the current quarter, Nike is expected to post earnings of $0.44 per share, indicating a change of -10.2% from the year-ago quarter. The Zacks Consensus Estimate has changed -4.1% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $1.76 points to a change of +11.4% from the prior year. Over the last 30 days, this estimate has changed -4.8%.

For the next fiscal year, the consensus earnings estimate of $2.38 indicates a change of +35.5% from what Nike is expected to report a year ago. Over the past month, the estimate has changed -6.8%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Nike.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of Nike, the consensus sales estimate of $11.39 billion for the current quarter points to a year-over-year change of -2.8%. The $46.32 billion and $48.22 billion estimates for the current and next fiscal years indicate changes of -0.2% and +4.1%, respectively.

Last Reported Results and Surprise HistoryNike reported revenues of $10.97 billion in the last reported quarter, representing a year-over-year change of -1.1%. EPS of $0.2 for the same period compares with $0.14 a year ago.

Compared to the Zacks Consensus Estimate of $10.85 billion, the reported revenues represent a surprise of +1.13%. The EPS surprise was +81.82%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Nike is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Nike. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.