4:15pm: Oil surge pressures Dow, S&P 500 US stocks finished mixed on Wednesday as a jump in oil prices fueled inflation concerns and weighed on investor sentiment.
The Nasdaq gained 52 points, or 0.2%, to finish at 25,871. The Dow fell 577 points, or 1.1%, to 52,348, while the S&P 500 declined 21 points, or 0.3%, ending at 7,483.
Markets came under pressure as crude oil prices surged about 5% on renewed tensions between the U.S. and Iran, raising concerns that higher energy costs could reignite inflation and complicate the Federal Reserve’s path on interest rates. West Texas Intermediate crude climbed above $74 a barrel, while Brent crude traded near $78.
Investors also digested the latest Fed minutes, which showed policymakers were united in keeping rates steady at their most recent meeting, but some officials saw a potential case for raising rates if inflation pressures persisted.
On the earnings calendar, Levi Strauss & Co (NYSE:LEVI). is set to report after the closing bell, while PepsiCo is scheduled to release results before markets open Thursday.
3:45pm: Proactive news headlines Millennial Potash Corp (TSX-V:MLP, OTCQB:MLPNF, FRA:XOD) said Gabon government officials visited its Banio Potash Project and reaffirmed support for the development while discussing infrastructure plans. OKYO Pharma Ltd (NASDAQ:OKYO) received positive FDA feedback supporting plans to advance urcosimod into a global Phase 3 trial for neuropathic corneal pain. Graphene Manufacturing Group Ltd (TSX-V:GMG, OTCQX:GMGMF) approved A$1.2 million in capital spending to advance design, engineering and procurement work for its planned Fulcrum graphene manufacturing facility in Australia. Royal Road Minerals Ltd (TSX-V:RYR, OTC:RRDMF, FRA:RLU) agreed to raise up to C$10 million through a share offering to fund its ongoing activities. 3:00pm: Market movers Kirby Corporation rose after Bank of America named it its top small- and mid-cap transport/shipping pick, reaffirmed a Buy rating and raised its price target to $182 on optimism for its Inland Marine and Power Generation businesses. FuelCell Energy (NASDAQ:FCEL) fell after pricing an upsized public stock offering at a discount, raising investor concerns about shareholder dilution. Air Canada (TSX:AC.B) appointed Anko Van der Werff as its next president and CEO, with the current Scandinavian Airlines chief set to succeed Michael Rousseau in January 2027. Millennial Potash Corp (TSX-V:MLP, OTCQB:MLPNF, FRA:XOD) said Gabon government officials visited its Banio Potash Project and reaffirmed their support while discussing infrastructure development. OKYO Pharma Ltd (NASDAQ:OKYO) said positive feedback from the U.S. Food and Drug Administration supports advancing its investigational therapy urcosimod into a global Phase 3 trial for neuropathic corneal pain. Alibaba Group (NYSE:BABA) rallied after a US judge temporarily blocked Pentagon-related restrictions while the company challenges its designation, boosting investor confidence ahead of earnings. Helen of Troy (NASDAQ:HELE) reported an unexpected first-quarter profit and raised its full-year revenue outlook as its restructuring efforts began to show results. 2:30pm: Fed minutes signal risks Federal Reserve officials unanimously agreed to keep interest rates unchanged at their latest policy meeting, although a few participants said there was a case for raising rates, according to minutes released Wednesday.
The minutes showed most policymakers remained concerned that inflation could prove more persistent than expected, citing risks tied to strong artificial intelligence-related demand, tensions in the Middle East and the potential impact of tariffs. Those factors, they warned, could warrant further monetary tightening if price pressures intensify.
Federal Reserve staff also revised their economic outlook, raising inflation forecasts for 2026 and 2027 while lowering GDP growth projections. The updated forecasts highlighted upside risks to inflation, reinforcing concerns that progress toward the central bank's 2% target could be slower than previously anticipated.
1:30pm: Oil prices surge Oil prices surged and stocks came under pressure after the U.S. Treasury revoked a license that had allowed Iran to export oil globally, heightening concerns about potential supply disruptions. West Texas Intermediate crude rose more than 5% to trade above $73 a barrel, while Brent crude climbed past $80 a barrel, adding to inflation worries and raising expectations that the Federal Reserve could keep monetary policy tighter for longer.
Kathleen Brooks, research director at XTB, said markets currently view the situation as a contained and temporary disruption rather than the start of a broader conflict. “The prevailing view is that this is short term issue that will get ironed out, and it will not trigger a broader conflict,” she said.
Brooks warned that a formal declaration of war by both sides could dramatically change the outlook, potentially pushing oil prices back toward $100 a barrel, prompting a long-term repricing of interest rate expectations and further weakening investor risk appetite.
12:05pm: Energy risks weigh on metals Bank of America has cut its price forecasts for several base and precious metals, warning that lingering uncertainty over potential energy supply disruptions and a challenging macroeconomic backdrop are likely to pressure mined commodities through the autumn.
The bank said concerns about an energy shock remain an overhang despite easing hostilities in the Middle East, while the prospect of tighter US monetary policy and a stronger US dollar continues to weigh on sentiment, particularly for gold.
However, Bank of America expects the longer-term outlook for industrial metals to improve, citing constrained supply and resilient demand driven by global electrification. "Still, tight supply and resilient demand from the electrification of the global economy should ultimately be supportive for copper and aluminium, so we see scope for a recovery in prices after the summer," the bank said.
11:00am: Apple strikes Broadcom deal Apple Inc (NASDAQ:AAPL, XETRA:APC) (Apple Inc (NASDAQ:AAPL, XETRA:APC), Apple Inc (NASDAQ:AAPL, XETRA:APC)) announced a new multiyear agreement with Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) (Broadcom Inc (NASDAQ:AVGO, XETRA:1YD), Broadcom Inc (NASDAQ:AVGO, XETRA:1YD)) valued at more than $30 billion to design and manufacture custom silicon components and wireless connectivity technologies in the United States, marking the company's largest commitment under its American Manufacturing Program.
The agreement is expected to result in the production of more than 15 billion chips in the US and includes a $1.5 billion expansion and modernization of Broadcom's manufacturing facility in Fort Collins, Colorado. Apple said the investment will support hundreds of US jobs.
Under the agreement, Broadcom will manufacture advanced radio frequency components, including FBAR filters, as well as wireless connectivity technologies used in Apple products.
Apple said the deal advances its efforts to build a domestic silicon supply chain and forms part of its broader pledge to invest $600 billion in the US economy over four years through manufacturing, job creation and technology development.
10am: Wall Street starts in the red Wall Street stocks have mostly opened in the red, after government bond yields climbed to around a seven-week high following the surge in oil prices.
The Dow Jones fell 1%, the S&P 500 dropped 0.5%, and the Nasdaq has lost 0.3%.
Sherwin-Williams, Home Depot, IBM and Boeing were among the biggest fallers on the Dow, while materials stocks led the declines on the S&P, with Smurfit WestRock, International Flavors & Fragrances, Amcor and PPG Industries among the biggest fallers.
Moderna, Palantir, ResMed, Universal Health Services and Axon Enterprise also featured prominently on the losers' list, all down 4-3%.
Top risers on the Nasdaq were AI-related, with semiconductor and storage stocks higher: SanDisk, Western Digital, Broadcom, Applied Materials, Lam Research and Arm Holdings all posting 2%-plus gains.
Baker Hughes also advanced as higher oil prices lifted energy shares, while Pinduoduo climbed as part of a wider support for Chinese tech names today.
8.15am: Stocks called lower as oil surges, Iran ceasefire 'over' US stocks are expected to extend losses on Wednesday after oil prices spiked following an exchange of strikes between the US and Iran that led to President Donald Trump declaring the ceasefire "over".
Dow Jones futures were down 1.1%, with S&P 500 futures pointing to a 0.9% drop, while those for the Nasdaq were off 1.3%.
A day earlier, the Nasdaq led the declines, falling 1.2% to 25,819 as chipmakers came under pressure, with the S&P slipping 0.5% to 7,504 and the Dow finishing down 0.3% to 52,925 after briefly hitting a new high above the 53,000 mark earlier.
This came as oil prices started rising following reports of attacks on commercial ships in the Strait of Hormuz.
Then overnight, US forces launched strikes against more than 80 targets in Iran, with Central Command reporting that these were aimed at command-and-control networks, coastal radar sites, anti-ship missile capabilities, and Islamic Revolutionary Guard Corps small boats.
Alongside this, the US Treasury Department revoked a waiver that had allowed Iran to restart oil exports, which was followed by Tehran resuming attacks on its Gulf neighbours, including against Bahrain and Kuwait.
When asked about the 'memorandum of understanding' deal, Trump told reporters at the Nato summit: "To me, I think it's over. I don't want to deal with them anymore. They're scum... They're led by sick people.
"I'll speak to our negotiators. They want to negotiate - they're good people... but they have to come back to me. As far as I'm concerned, it's just a waste of time dealing with them."
West Texas Intermediate crude jumped 5.4% to $74.26 a barrel, continuing a rise from just above $67 last week.
The rise in oil has fuelled inflation concerns, pushing Treasury yields higher and prompting traders to dial back expectations of interest rate cuts.
Traders now see more than an 85% chance of at least one 25-basis point rate hike from the Federal Reserve before year-end, according to the CME’s FedWatch tool.
It comes ahead of minutes from the Fed’s last monetary policy meeting in June, which will be released later.
"But," said market analyst David Morrison at Trade Nation, "with new Fed Chair Kevin Warsh unwilling to provide forward guidance, it’s debatable if the minutes will be that helpful in understanding the Fed’s outlook for rate hikes this year."
Apple (AAPL +1.00%) and Broadcom (AVGO +5.00%) announced a multiyear partnership.
*Stock prices used were the afternoon prices of July 6, 2026. The video was published on July 8, 2026.
Parkev Tatevosian, CFA has positions in Broadcom. The Motley Fool has positions in and recommends Apple and Broadcom. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Shares of Broadcom (AVGO +5.00%) were among the losers last month, tumbling after its second-quarter earnings at the beginning of June despite solid results.
The company's AI revenue, while strong, fell short of estimates, and management acknowledged that Google, a major customer, was diversifying its sourcing for custom chips, or ASICs.
As a result, the stock finished the month down 15%, according to S&P Global Market Intelligence.
As you can see from the chart below, the stock fell sharply after the report and then stayed down.
AVGO data by YCharts
What happened with Broadcom Broadcom has been one of the biggest winners in the AI boom, and it may be the least-known trillion-dollar company in the country, with a valuation of nearly $2 trillion.
However, concerns about stretched valuations and overspending on AI infrastructure are starting to weigh on semiconductor stocks like Broadcom, and that was evident following its earnings report.
In the second quarter, Broadcom's revenue grew 48% to $22.2 billion, and adjusted earnings per share increased from $1.58 to $2.44. Both results slightly beat expectations.
Broadcom also said that semiconductor revenue from AI grew 143% to $10.8 billion, which was better than the company's forecast. It also said that AI-related revenue would triple in the third quarter to $16 billion, but that was slightly below expectations of around $17 billion.
Investors also seemed disappointed that the company didn't raise its long-term AI chip guidance as it continued to call for at least $100 billion in sales in fiscal 2027.
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What's next for Broadcom Looking ahead to the third quarter, Broadcom expects around $29.4 billion in revenue, representing 84% growth from the quarter a year ago, and it forecast $19.6 billion in adjusted operating income.
The business is clearly executing effectively, but the stock surged so much in recent years that high expectations have been baked into the stock, though it now looks reasonable at a forward P/E of 33.5. Considering its growth rate, that seems like a fair price to pay, but the market may need to see more evidence that its growth is sustainable.
Broadcom seemed to deliver just that on Wednesday, it signed a $30 billion deal to make chips for Apple. The partnership will include a $1.5 billion investment from Apple to help Broadcom expand a Colorado manufacturing facility. Broadcom rose 5% on the news.
Last month's pullback seems to offer a buying opportunity for Broadcom now, given the overall strength of the business. For AI investors, Broadcom's diversification makes it virtually a must-own stock.
In the latest close session, Cardinal Health (CAH - Free Report) was down 1.07% at $237.15. The stock's change was less than the S&P 500's daily loss of 0.28%. Elsewhere, the Dow saw a downswing of 1.09%, while the tech-heavy Nasdaq appreciated by 0.2%.
The stock of prescription drug distributor has risen by 12.72% in the past month, leading the Medical sector's gain of 7.8% and the S&P 500's gain of 1.64%.
The investment community will be paying close attention to the earnings performance of Cardinal Health in its upcoming release. It is anticipated that the company will report an EPS of $2.41, marking a 15.87% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $65.61 billion, up 9.06% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $10.76 per share and revenue of $256.24 billion, which would represent changes of +30.58% and +15.12%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Cardinal Health. 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 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 ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Cardinal Health currently has a Zacks Rank of #3 (Hold).
Looking at valuation, Cardinal Health is presently trading at a Forward P/E ratio of 20.01. For comparison, its industry has an average Forward P/E of 17.04, which means Cardinal Health is trading at a premium to the group.
Investors should also note that CAH has a PEG ratio of 1.18 right now. 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 Medical - Dental Supplies industry was having an average PEG ratio of 1.88.
The Medical - Dental Supplies industry is part of the Medical sector. Currently, this industry holds a Zacks Industry Rank of 81, positioning it in the top 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
New York, New York--(Newsfile Corp. - July 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lucid Group, Inc. (NASDAQ: LCID) between February 25, 2026 and April 13, 2026, inclusive (the "Class Period"), of the important July 28, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Lucid 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 Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 28, 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 litigate 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/or failed to disclose that: (1) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (2) the foregoing was likely to, and did, have a material negative impact on Lucid's business and financial results; (3) accordingly, the defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and (4) 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 Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304512
Source: The Rosen Law Firm PA
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FuelCell Energy (NASDAQ:FCEL) shares declined on Wednesday after the company priced an upsized public offering of common stock, raising concerns among investors over potential dilution.
The stock fell 15% to $22.04 following the announcement that FuelCell priced an offering of 10.7 million newly issued shares at $21 per share. The offering price represented a discount to the company’s previous closing price of $25.96.
The offering was increased from the previously announced $200 million offering size and is expected to generate gross proceeds of approximately $225 million before underwriting discounts, commissions and other expenses. FuelCell Energy (NASDAQ:FCEL) also granted underwriters a 30-day option to purchase up to an additional 1.6 million shares at the offering price.
FuelCell Energy said proceeds from the offering will be used for capital expenditures related to expanding manufacturing capacity, including growth initiatives at its Torrington, Connecticut facility, as well as for working capital and general corporate purposes.
Citigroup and Barclays are acting as joint book-running managers for the offering, with Oppenheimer & Co., RBC Capital Markets and Goldman Sachs & Co. LLC also serving as joint book-running managers. Canaccord Genuity (TSX:CF, LSE:CF), B. Riley Securities, BMO Capital Markets (NYSE:BMO), Siebert Williams Shank and Tuohy Brothers are acting as co-managers.
The company expects the offering to close on or about July 9.
In the latest trading session, Carvana (CVNA - Free Report) closed at $66.36, marking a -1.67% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.28% for the day. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq increased by 0.2%.
Shares of the company have depreciated by 3.05% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 0.18%, and the S&P 500's gain of 1.64%.
Market participants will be closely following the financial results of Carvana in its upcoming release. The company plans to announce 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%. Meanwhile, the latest consensus estimate predicts the revenue to be $6.9 billion, indicating a 42.6% increase compared to the same quarter of the previous 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 recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming 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 last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Carvana currently has a Zacks Rank of #2 (Buy).
In terms of valuation, Carvana is presently being traded at a Forward P/E ratio of 42.72. This denotes a premium relative to the industry average Forward P/E of 17.43.
Also, we should mention that CVNA has a PEG ratio of 11.39. 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. By the end of yesterday's trading, the Internet - Commerce industry had an average PEG ratio of 1.09.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 181, putting it in the bottom 27% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
ConocoPhillips (COP - Free Report) ended the recent trading session at $110.72, demonstrating a +2.1% change from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 0.28%. Meanwhile, the Dow experienced a drop of 1.09%, and the technology-dominated Nasdaq saw an increase of 0.2%.
The stock of energy company has fallen by 7.15% in the past month, lagging the Oils-Energy sector's loss of 4.3% and the S&P 500's gain of 1.64%.
Analysts and investors alike will be keeping a close eye on the performance of ConocoPhillips in its upcoming earnings disclosure. The company's earnings report is set to go public on August 6, 2026. The company's upcoming EPS is projected at $3.04, signifying a 114.08% increase compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $17.69 billion, up 19.99% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $9.57 per share and revenue of $67.59 billion, which would represent changes of +55.36% and +9.82%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for ConocoPhillips. These revisions help to show the ever-changing nature 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 reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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 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 has moved 4.6% lower. ConocoPhillips is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, ConocoPhillips is presently trading at a Forward P/E ratio of 11.33. This indicates a discount in contrast to its industry's Forward P/E of 19.26.
Also, we should mention that COP has a PEG ratio of 1.26. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Oil and Gas - Integrated - United States industry had an average PEG ratio of 1.92.
The Oil and Gas - Integrated - United States industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 177, putting it in the bottom 29% 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.
In the latest close session, Crocs (CROX - Free Report) was down 1.69% at $122.44. The stock's performance was behind the S&P 500's daily loss of 0.28%. Meanwhile, the Dow lost 1.09%, and the Nasdaq, a tech-heavy index, added 0.2%.
The footwear company's shares have seen a decrease of 2.52% over the last month, not keeping up with the Consumer Discretionary sector's gain of 1.44% and the S&P 500's gain of 1.64%.
Analysts and investors alike will be keeping a close eye on the performance of Crocs in its upcoming earnings disclosure. The company is forecasted to report an EPS of $4.3, showcasing a 1.65% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $1.15 billion, down 0.26% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $13.67 per share and revenue of $4.08 billion. These totals would mark changes of +9.27% and +0.88%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Crocs. These revisions typically reflect the latest short-term business trends, which can change frequently. 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. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Crocs presently features a Zacks Rank of #4 (Sell).
In terms of valuation, Crocs is presently being traded at a Forward P/E ratio of 9.11. This valuation marks a discount compared to its industry average Forward P/E of 15.89.
One should further note that CROX currently holds a PEG ratio of 1.29. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Textile - Apparel industry held an average PEG ratio of 2.18.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 198, which puts it in the bottom 20% 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.
To follow CROX in the coming trading sessions, be sure to utilize Zacks.com.
Paccar (PCAR - Free Report) ended the recent trading session at $122.50, demonstrating a -1.57% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.28%. Elsewhere, the Dow lost 1.09%, while the tech-heavy Nasdaq added 0.2%.
Heading into today, shares of the truck maker had gained 3.99% over the past month, outpacing the Auto-Tires-Trucks sector's gain of 1.57% and the S&P 500's gain of 1.64%.
The upcoming earnings release of Paccar will be of great interest to investors. The company's earnings report is expected on July 28, 2026. The company's earnings per share (EPS) are projected to be $1.32, reflecting a 3.65% decrease from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $7.1 billion, indicating a 1.92% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.58 per share and revenue of $27.7 billion, indicating changes of +11.38% and +5.59%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for Paccar. 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 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 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 0.15% lower within the past month. As of now, Paccar holds a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Paccar has a Forward P/E ratio of 22.31 right now. This valuation marks a premium compared to its industry average Forward P/E of 18.61.
One should further note that PCAR currently holds a PEG ratio of 1.16. 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 Automotive - Domestic industry was having an average PEG ratio of 1.02.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 56, putting it in the top 23% 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.
In the latest trading session, Commvault Systems (CVLT - Free Report) closed at $146.92, marking a -4.42% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.28% for the day. Elsewhere, the Dow lost 1.09%, while the tech-heavy Nasdaq added 0.2%.
Shares of the data-management software company have appreciated by 26.24% over the course of the past month, outperforming the Computer and Technology sector's loss of 1.22%, and the S&P 500's gain of 1.64%.
The upcoming earnings release of Commvault Systems will be of great interest to investors. The company's earnings report is expected on July 28, 2026. The company's upcoming EPS is projected at $1.18, signifying a 16.83% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $311.03 million, indicating a 10.3% growth compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $5.22 per share and a revenue of $1.31 billion, representing changes of +20% and +10.52%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Commvault Systems. These latest adjustments often mirror the shifting dynamics of short-term business patterns. 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, 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. The Zacks Consensus EPS estimate remained stagnant within the past month. Commvault Systems currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Commvault Systems is currently trading at a Forward P/E ratio of 29.44. This represents a premium compared to its industry average Forward P/E of 16.55.
The Computer - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 103, placing it within the top 42% of over 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, Bloom Energy (BE - Free Report) closed at $254.29, marking a -5.67% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.28% for the day. Elsewhere, the Dow lost 1.09%, while the tech-heavy Nasdaq added 0.2%.
Coming into today, shares of the developer of fuel cell systems had gained 3.84% in the past month. In that same time, the Oils-Energy sector lost 4.3%, while the S&P 500 gained 1.64%.
Analysts and investors alike will be keeping a close eye on the performance of Bloom Energy in its upcoming earnings disclosure. The company's earnings report is set to go public on July 28, 2026. The company's earnings per share (EPS) are projected to be $0.35, reflecting a 250% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $766.88 million, reflecting a 91.13% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.98 per share and revenue of $3.72 billion, indicating changes of +160.53% and +83.86%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Bloom Energy should also be noted by investors. 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.
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, 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. Bloom Energy is currently sporting a Zacks Rank of #1 (Strong Buy).
In the context of valuation, Bloom Energy is at present trading with a Forward P/E ratio of 136.05. This valuation marks a premium compared to its industry average Forward P/E of 17.86.
The Alternative Energy - Other industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 100, placing it within the top 41% of over 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.
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bloom Energy Corporation (NYSE: BE) resulting from allegations that Bloom Energy may have issued materially misleading business information to the investing public.So What: If you purchased Bloom Energy securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arr.
Celsius Holdings Inc. (CELH - Free Report) ended the recent trading session at $30.60, demonstrating a -3.47% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.28%. Meanwhile, the Dow lost 1.09%, and the Nasdaq, a tech-heavy index, added 0.2%.
Shares of the company witnessed a gain of 12.45% over the previous month, beating the performance of the Consumer Staples sector with its gain of 4%, and the S&P 500's gain of 1.64%.
The upcoming earnings release of Celsius Holdings Inc. will be of great interest to investors. The company's upcoming EPS is projected at $0.42, signifying a 10.64% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $891.45 million, showing a 20.59% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.59 per share and a revenue of $3.33 billion, indicating changes of +18.66% and +32.32%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for Celsius Holdings Inc. These recent revisions tend to reflect the evolving nature of short-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, 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. Within the past 30 days, our consensus EPS projection has moved 0.26% higher. Celsius Holdings Inc. presently features a Zacks Rank of #3 (Hold).
In terms of valuation, Celsius Holdings Inc. is presently being traded at a Forward P/E ratio of 19.93. This represents a premium compared to its industry average Forward P/E of 13.03.
Investors should also note that CELH has a PEG ratio of 1.27 right now. 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. By the end of yesterday's trading, the Food - Miscellaneous industry had an average PEG ratio of 2.49.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 198, putting it in the bottom 20% of all 250+ industries.
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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
PERTH, Australia, July 08, 2026 (GLOBE NEWSWIRE) -- Alkane Resources Limited (ASX: ALK; TSX: ALK; OTCQX: ALKRY) ("Alkane" or "the Company") is pleased to report further positive results from extension and infill drilling at the Björkdal Gold Mine in Sweden. Program Summary An additional 29 drill holes have been completed targeting the Eastern and Northern extensions of the Björkdal mine since Alkane's previous release (ASX announcement 15 October 2025 titled ‘Björkdal Resources and Reserves Statement FY25') The new drilling, completed in rolling phases of extension and infill across both target areas, has significantly enhanced confidence in the understanding of vein geometry and grade-controlling structures.
Leidos (LDOS - Free Report) closed the most recent trading day at $107.18, moving -1.28% from the previous trading session. This change lagged the S&P 500's daily loss of 0.28%. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq increased by 0.2%.
Shares of the security and engineering company have depreciated by 12.1% over the course of the past month, underperforming the Computer and Technology sector's loss of 1.22%, and the S&P 500's gain of 1.64%.
Investors will be eagerly watching for the performance of Leidos in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 4, 2026. It is anticipated that the company will report an EPS of $2.91, marking a 9.35% fall compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $4.39 billion, indicating a 3.21% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $12.26 per share and a revenue of $18.08 billion, indicating changes of +2.25% and +5.28%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Leidos. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding 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, 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 0.05% higher within the past month. At present, Leidos boasts a Zacks Rank of #3 (Hold).
Digging into valuation, Leidos currently has a Forward P/E ratio of 8.86. This expresses a discount compared to the average Forward P/E of 12.96 of its industry.
We can additionally observe that LDOS currently boasts a PEG ratio of 1.6. 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. LDOS's industry had an average PEG ratio of 1.04 as of yesterday's close.
The Computers - IT Services industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 103, positioning it in the top 42% 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.
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, Okta (OKTA - Free Report) closed at $146.77, marking a -1.15% move from the previous day. This change lagged the S&P 500's 0.28% loss on the day. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq increased by 0.2%.
Heading into today, shares of the cloud identity management company had gained 23.77% over the past month, outpacing the Computer and Technology sector's loss of 1.22% and the S&P 500's gain of 1.64%.
Analysts and investors alike will be keeping a close eye on the performance of Okta in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.96, marking a 5.49% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $792.14 million, up 8.81% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $3.83 per share and revenue of $3.2 billion, which would represent changes of +9.43% and +9.51%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Okta. These revisions help to show the ever-changing nature 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. 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. Within the past 30 days, our consensus EPS projection has moved 0.72% higher. Okta presently features a Zacks Rank of #3 (Hold).
With respect to valuation, Okta is currently being traded at a Forward P/E ratio of 38.78. This represents a discount compared to its industry average Forward P/E of 50.32.
Meanwhile, OKTA's PEG ratio is currently 2.44. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Security was holding an average PEG ratio of 3.31 at yesterday's closing price.
The Security industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 169, finds itself in the bottom 32% 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.
Amkor Technology (AMKR - Free Report) ended the recent trading session at $66.91, demonstrating a +2.42% change from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 0.28%. Elsewhere, the Dow saw a downswing of 1.09%, while the tech-heavy Nasdaq appreciated by 0.2%.
The chip packaging and test services provider's stock has dropped by 7.87% in the past month, falling short of the Computer and Technology sector's loss of 1.22% and the S&P 500's gain of 1.64%.
The upcoming earnings release of Amkor Technology will be of great interest to investors. The company's earnings report is expected on July 27, 2026. The company is forecasted to report an EPS of $0.47, showcasing a 113.64% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $1.8 billion, showing a 19.31% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.08 per share and a revenue of $7.59 billion, representing changes of +38.67% and +13.16%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Amkor Technology. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. At present, Amkor Technology boasts a Zacks Rank of #2 (Buy).
From a valuation perspective, Amkor Technology is currently exchanging hands at a Forward P/E ratio of 31.36. For comparison, its industry has an average Forward P/E of 45.78, which means Amkor Technology is trading at a discount to the group.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 45, finds itself in the top 19% echelons of all 250+ industries.
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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Toast (TOST - Free Report) closed the most recent trading day at $28.57, moving -3.51% from the previous trading session. This change lagged the S&P 500's 0.28% loss on the day. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq increased by 0.2%.
The stock of restaurant software provider has risen by 18.44% in the past month, leading the Computer and Technology sector's loss of 1.22% and the S&P 500's gain of 1.64%.
The upcoming earnings release of Toast will be of great interest to investors. The company's earnings per share (EPS) are projected to be $0.32, reflecting a 33.33% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $1.87 billion, indicating a 20.82% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.35 per share and a revenue of $7.38 billion, signifying shifts of +51.69% and +19.95%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Toast. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
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 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 past month, the Zacks Consensus EPS estimate has moved 1.84% higher. Toast is currently a Zacks Rank #3 (Hold).
In terms of valuation, Toast is currently trading at a Forward P/E ratio of 21.89. This indicates a premium in contrast to its industry's Forward P/E of 19.93.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 95, putting it in the top 39% of all 250+ industries.
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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Datadog (DDOG - Free Report) closed the most recent trading day at $261.09, moving +1.67% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.28%. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq increased by 0.2%.
Heading into today, shares of the data analytics and cloud monitoring company had gained 12.96% over the past month, outpacing the Computer and Technology sector's loss of 1.22% and the S&P 500's gain of 1.64%.
Market participants will be closely following the financial results of Datadog in its upcoming release. The company is forecasted to report an EPS of $0.58, showcasing a 26.09% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $1.08 billion, indicating a 30.22% growth compared to the corresponding quarter of the prior year.
DDOG's full-year Zacks Consensus Estimates are calling for earnings of $2.41 per share and revenue of $4.34 billion. These results would represent year-over-year changes of +17.56% and +26.62%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Datadog. 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 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 past month, there's been a 5.3% rise in the Zacks Consensus EPS estimate. Datadog is holding a Zacks Rank of #1 (Strong Buy) right now.
With respect to valuation, Datadog is currently being traded at a Forward P/E ratio of 106.4. This denotes a premium relative to the industry average Forward P/E of 19.93.
It's also important to note that DDOG currently trades at a PEG ratio of 6.94. 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 1.1 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 95, this industry ranks in the top 39% 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.
To follow DDOG in the coming trading sessions, be sure to utilize Zacks.com.
Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AeroVironment, Inc. (NASDAQ: AVAV) between June 25, 2025 and March 10, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.
So What: If you purchased AeroVironment 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 AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-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/or failed to disclose that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force's Satellite Communication Augmentation Resources ("SCAR") program and the U.S. Space Force's ongoing efforts to modernize the Satellite Control Network ("SCN"); (2) accordingly, defendants overstated AeroVironment's business and financial prospects; 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 AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-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.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
New York, New York--(Newsfile Corp. - July 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Calix, Inc. (NYSE: CALX) between January 28, 2026 and April 21, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Calix 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 Calix class action, go to https://rosenlegal.com/cases/calix-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/or failed to disclose that: (1) Calix's first quarter margins had significantly benefited from advanced purchasing of memory components; (2) Calix's advanced supply of memory components was dwindling; (3) as a result, Calix was experiencing negative margin pressure as it was forced to purchase memory components at rising market prices; and (4) as a result of the foregoing, defendants' positive statements about Calix's margins, business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Calix class action, go to https://rosenlegal.com/cases/calix-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/304473
Source: The Rosen Law Firm PA
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In the latest close session, Kyndryl Holdings, Inc. (KD - Free Report) was down 3.39% at $11.97. The stock trailed the S&P 500, which registered a daily loss of 0.28%. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq increased by 0.2%.
The company's shares have seen an increase of 7.46% over the last month, surpassing the Business Services sector's gain of 3.35% and the S&P 500's gain of 1.64%.
The investment community will be paying close attention to the earnings performance of Kyndryl Holdings, Inc. in its upcoming release. The company is slated to reveal its earnings on August 5, 2026. The company is expected to report EPS of $0.03, down 91.89% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $3.68 billion, indicating a 1.74% decrease compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.9 per share and a revenue of $14.76 billion, representing changes of +30.14% and -2.19%, respectively, from the prior year.
Any recent changes to analyst estimates for Kyndryl Holdings, Inc. should also be noted by investors. 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. 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. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, Kyndryl Holdings, Inc. is carrying a Zacks Rank of #5 (Strong Sell).
In terms of valuation, Kyndryl Holdings, Inc. is presently being traded at a Forward P/E ratio of 6.52. For comparison, its industry has an average Forward P/E of 17.29, which means Kyndryl Holdings, Inc. is trading at a discount to the group.
The Technology Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 110, finds itself in the top 45% echelons 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Badger Meter, Inc. (NYSE: BMI) between April 18, 2024 and April 16, 2026, inclusive (the “Class Period”), of the important August 3, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Badger Meter common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Badger Meter class action, go to https://rosenlegal.com/cases/badger-meter-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 3, 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 concerning the drivers of Badger Meter’s “record” financial results, demand for Badger Meter’s products, and its prospects for continued growth. During the Class Period, defendants told investors that Badger Meter's strong financial results reflected “ongoing favorable industry trends,” “secular growth drivers,” and “solid operating execution.” They likewise touted “strong” demand and said they were seeing “robust order pacing and a strong bid pipeline that positions us well for continued sales and earnings growth,” and that Badger Meter possessed a “long runway” for growth.
According to the lawsuit, these statements were materially false and misleading. In truth, Badger Meter’s financial results during the Class Period were at least partially attributable to Badger Meter’s practice of pulling-forward customer orders to recognize revenue early, which concealed weakening demand and deteriorating near-term order trends. This practice also depleted revenue otherwise available for future periods, ultimately causing the disappointing financial results Badger Meter later reported. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Badger Meter class action, go to https://rosenlegal.com/cases/badger-meter-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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Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
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www.rosenlegal.com
Teradyne (TER - Free Report) closed the most recent trading day at $351.57, moving +2.47% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.28%. At the same time, the Dow lost 1.09%, and the tech-heavy Nasdaq gained 0.2%.
Shares of the maker of wireless products, data storage and equipment to test semiconductors witnessed a loss of 7.07% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 1.22%, and the S&P 500's gain of 1.64%.
The investment community will be closely monitoring the performance of Teradyne in its forthcoming earnings report. The company's upcoming EPS is projected at $2.04, signifying a 257.89% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $1.22 billion, indicating a 86.43% growth compared to the corresponding quarter of the prior year.
TER's full-year Zacks Consensus Estimates are calling for earnings of $7.2 per share and revenue of $4.53 billion. These results would represent year-over-year changes of +81.82% and +42.08%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Teradyne. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
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. Within the past 30 days, our consensus EPS projection has moved 1.59% higher. Teradyne is currently a Zacks Rank #2 (Buy).
In the context of valuation, Teradyne is at present trading with a Forward P/E ratio of 47.64. This represents a premium compared to its industry average Forward P/E of 26.52.
It is also worth noting that TER currently has a PEG ratio of 0.99. 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. Electronics - Miscellaneous Products stocks are, on average, holding a PEG ratio of 1.74 based on yesterday's closing prices.
The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 65, which puts it in the top 27% 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.
In the latest trading session, Howmet (HWM - Free Report) closed at $271.58, marking a -1.4% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.28%. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq increased by 0.2%.
The maker of engineered products for the aerospace and other industries's stock has climbed by 7.1% in the past month, exceeding the Aerospace sector's gain of 4.11% and the S&P 500's gain of 1.64%.
The investment community will be closely monitoring the performance of Howmet in its forthcoming earnings report. On that day, Howmet is projected to report earnings of $1.24 per share, which would represent year-over-year growth of 36.26%. In the meantime, our current consensus estimate forecasts the revenue to be $2.42 billion, indicating a 17.68% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.97 per share and a revenue of $9.72 billion, signifying shifts of +31.83% and +17.8%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Howmet. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 0.02% rise in the Zacks Consensus EPS estimate. Currently, Howmet is carrying a Zacks Rank of #2 (Buy).
In terms of valuation, Howmet is presently being traded at a Forward P/E ratio of 55.37. Its industry sports an average Forward P/E of 23.2, so one might conclude that Howmet is trading at a premium comparatively.
We can additionally observe that HWM currently boasts a PEG ratio of 2.21. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Aerospace - Defense industry currently had an average PEG ratio of 1.59 as of yesterday's close.
The Aerospace - Defense industry is part of the Aerospace sector. This industry, currently bearing a Zacks Industry Rank of 107, finds itself in the top 44% echelons 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.
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, Deckers (DECK - Free Report) closed at $102.22, marking a -3.64% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.28%. At the same time, the Dow lost 1.09%, and the tech-heavy Nasdaq gained 0.2%.
The maker of Ugg footwear's stock has dropped by 5.69% in the past month, falling short of the Retail-Wholesale sector's gain of 0.18% and the S&P 500's gain of 1.64%.
Investors will be eagerly watching for the performance of Deckers in its upcoming earnings disclosure. In that report, analysts expect Deckers to post earnings of $0.92 per share. This would mark a year-over-year decline of 1.08%. At the same time, our most recent consensus estimate is projecting a revenue of $1.02 billion, reflecting a 5.43% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $7.45 per share and revenue of $5.91 billion, which would represent changes of +6.13% and +8.05%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Deckers. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health 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 ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.18% higher within the past month. Right now, Deckers possesses a Zacks Rank of #3 (Hold).
Digging into valuation, Deckers currently has a Forward P/E ratio of 14.24. Its industry sports an average Forward P/E of 16.31, so one might conclude that Deckers is trading at a discount comparatively.
One should further note that DECK currently holds a PEG ratio of 2.1. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Retail - Apparel and Shoes industry had an average PEG ratio of 1.2.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 56, which puts it in the top 23% 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.
Wingstop (WING - Free Report) closed at $158.47 in the latest trading session, marking a -6.9% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.28%. Meanwhile, the Dow experienced a drop of 1.09%, and the technology-dominated Nasdaq saw an increase of 0.2%.
Coming into today, shares of the restaurant chain had gained 18.32% in the past month. In that same time, the Retail-Wholesale sector gained 0.18%, while the S&P 500 gained 1.64%.
The investment community will be paying close attention to the earnings performance of Wingstop in its upcoming release. The company is slated to reveal its earnings on July 29, 2026. The company's upcoming EPS is projected at $1.02, signifying a 2.00% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $190.27 million, showing a 9.14% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.57 per share and revenue of $776.14 million, which would represent changes of +12.01% and +11.38%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Wingstop. These recent revisions tend to reflect the evolving nature of short-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. 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, 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. Within the past 30 days, our consensus EPS projection has moved 0.49% lower. Wingstop is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, Wingstop is presently trading at a Forward P/E ratio of 37.25. This denotes a premium relative to the industry average Forward P/E of 20.29.
We can additionally observe that WING currently boasts a PEG ratio of 2.04. 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 the market closed yesterday, the Retail - Restaurants industry was having an average PEG ratio of 1.95.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 202, placing it within the bottom 18% of over 250 industries.
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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Pilgrim's Pride (PPC - Free Report) ended the recent trading session at $27.40, demonstrating a -4.76% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.28%. Elsewhere, the Dow saw a downswing of 1.09%, while the tech-heavy Nasdaq appreciated by 0.2%.
Heading into today, shares of the poultry producer had lost 3.26% over the past month, lagging the Consumer Staples sector's gain of 4% and the S&P 500's gain of 1.64%.
Investors will be eagerly watching for the performance of Pilgrim's Pride in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.75, indicating a 55.88% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $4.9 billion, indicating a 3% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.01 per share and a revenue of $18.7 billion, signifying shifts of -41.78% and +1.09%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for Pilgrim's Pride. 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 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 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 14.51% lower within the past month. Pilgrim's Pride presently features a Zacks Rank of #5 (Strong Sell).
Valuation is also important, so investors should note that Pilgrim's Pride has a Forward P/E ratio of 9.57 right now. This signifies a discount in comparison to the average Forward P/E of 11.97 for its industry.
The Food - Meat Products industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 214, finds itself in the bottom 14% echelons 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.
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, SentinelOne (S - Free Report) closed at $17.81, marking a -1.93% move from the previous day. This change lagged the S&P 500's daily loss of 0.28%. Elsewhere, the Dow lost 1.09%, while the tech-heavy Nasdaq added 0.2%.
The stock of cybersecurity provider has risen by 19.16% in the past month, leading the Computer and Technology sector's loss of 1.22% and the S&P 500's gain of 1.64%.
The investment community will be closely monitoring the performance of SentinelOne in its forthcoming earnings report. The company is forecasted to report an EPS of $0.07, showcasing a 75% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $290.03 million, showing a 19.76% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.36 per share and revenue of $1.2 billion, indicating changes of +80% and +19.89%, respectively, compared to the previous year.
Any recent changes to analyst estimates for SentinelOne should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 2.74% higher. As of now, SentinelOne holds a Zacks Rank of #2 (Buy).
In terms of valuation, SentinelOne is currently trading at a Forward P/E ratio of 50.88. This denotes a premium relative to the industry average Forward P/E of 50.32.
We can additionally observe that S currently boasts a PEG ratio of 1.09. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Security was holding an average PEG ratio of 3.31 at yesterday's closing price.
The Security industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 169, which puts it in the bottom 32% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Sprouts Farmers (SFM - Free Report) closed at $80.26 in the latest trading session, marking a -4.56% move from the prior day. This move lagged the S&P 500's daily loss of 0.28%. Elsewhere, the Dow saw a downswing of 1.09%, while the tech-heavy Nasdaq appreciated by 0.2%.
Heading into today, shares of the natural and organic food retailer had lost 0.77% over the past month, lagging the Retail-Wholesale sector's gain of 0.18% and the S&P 500's gain of 1.64%.
Analysts and investors alike will be keeping a close eye on the performance of Sprouts Farmers in its upcoming earnings disclosure. The company's earnings report is set to go public on July 29, 2026. The company's earnings per share (EPS) are projected to be $1.35, reflecting no change from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $2.33 billion, reflecting a 4.91% rise from the equivalent quarter last year.
SFM's full-year Zacks Consensus Estimates are calling for earnings of $5.57 per share and revenue of $9.51 billion. These results would represent year-over-year changes of +4.9% and +8.04%, respectively.
Any recent changes to analyst estimates for Sprouts Farmers should also be noted by investors. Recent revisions tend to reflect the latest 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. 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, 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 last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Sprouts Farmers is currently a Zacks Rank #2 (Buy).
Looking at its valuation, Sprouts Farmers is holding a Forward P/E ratio of 15.1. This indicates a discount in contrast to its industry's Forward P/E of 15.99.
It's also important to note that SFM currently trades at a PEG ratio of 1.78. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Food - Natural Foods Products was holding an average PEG ratio of 1.61 at yesterday's closing price.
The Food - Natural Foods Products industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 31, this industry ranks in the top 13% 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.
To follow SFM in the coming trading sessions, be sure to utilize Zacks.com.
In the latest trading session, e.l.f. Beauty (ELF - Free Report) closed at $74.54, marking a -1.06% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.28%. At the same time, the Dow lost 1.09%, and the tech-heavy Nasdaq gained 0.2%.
Shares of the cosmetics company have appreciated by 35.33% over the course of the past month, outperforming the Consumer Staples sector's gain of 4%, and the S&P 500's gain of 1.64%.
The investment community will be closely monitoring the performance of e.l.f. Beauty in its forthcoming earnings report. The company is predicted to post an EPS of $0.73, indicating a 17.98% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $424.55 million, indicating a 20.02% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.31 per share and a revenue of $1.86 billion, signifying shifts of +5.75% and +13.64%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for e.l.f Beauty. 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 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, 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 moved 0.37% higher. Right now, e.l.f. Beauty possesses a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that e.l.f. Beauty has a Forward P/E ratio of 22.75 right now. For comparison, its industry has an average Forward P/E of 22.75, which means e.l.f. Beauty is trading at no noticeable deviation to the group.
Investors should also note that ELF has a PEG ratio of 2.14 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Cosmetics industry stood at 0.7 at the close of the market yesterday.
The Cosmetics industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 81, finds itself in the top 33% echelons 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
For the quarter ended May 2026, Levi Strauss (LEVI - Free Report) reported revenue of $1.56 billion, up 8% over the same period last year. EPS came in at $0.28, compared to $0.22 in the year-ago quarter.
The reported revenue represents a surprise of +2.52% over the Zacks Consensus Estimate of $1.52 billion. With the consensus EPS estimate being $0.24, the EPS surprise was +16.67%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Levi Strauss performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Geographic Revenues- Americas: $815 million versus $785.03 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +9% change.Geographic Revenues- Beyond Yoga: $43 million compared to the $39.46 million average estimate based on four analysts.Geographic Revenues- Asia: $284 million versus the four-analyst average estimate of $275.26 million. The reported number represents a year-over-year change of +10.1%.Geographic Revenues- Europe: $420 million compared to the $423.58 million average estimate based on four analysts. The reported number represents a change of +4.2% year over year.Total Levi?s Brands Net Revenues: $1.52 billion versus $1.48 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +7.8% change.View all Key Company Metrics for Levi Strauss here>>>
Shares of Levi Strauss have returned +4.6% over the past month versus the Zacks S&P 500 composite's +1.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
Viking Therapeutics, Inc. (VKTX - Free Report) closed the most recent trading day at $39.97, moving -5.13% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.28%. At the same time, the Dow lost 1.09%, and the tech-heavy Nasdaq gained 0.2%.
Coming into today, shares of the company had gained 44.13% in the past month. In that same time, the Medical sector gained 7.8%, while the S&P 500 gained 1.64%.
Investors will be eagerly watching for the performance of Viking Therapeutics, Inc. in its upcoming earnings disclosure. The company is expected to report EPS of -$1.21, down 108.62% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$4.7 per share and revenue of $0 million. These totals would mark changes of -47.34% and 0%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Viking Therapeutics, Inc. 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 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 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 past month, there's been no change in the Zacks Consensus EPS estimate. Right now, Viking Therapeutics, Inc. possesses a Zacks Rank of #4 (Sell).
The Medical - Biomedical and Genetics industry is part of the Medical sector. With its current Zacks Industry Rank of 110, this industry ranks in the top 45% of all industries, numbering over 250.
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.
In the latest close session, Sweetgreen, Inc. (SG - Free Report) was up +1.42% at $7.85. The stock outpaced the S&P 500's daily loss of 0.28%. Meanwhile, the Dow experienced a drop of 1.09%, and the technology-dominated Nasdaq saw an increase of 0.2%.
Heading into today, shares of the company had lost 3.25% over the past month, lagging the Retail-Wholesale sector's gain of 0.18% and the S&P 500's gain of 1.64%.
Investors will be eagerly watching for the performance of Sweetgreen, Inc. in its upcoming earnings disclosure. The company's upcoming EPS is projected at -$0.13, signifying a 35.00% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $193.39 million, indicating a 4.21% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $0.62 per share and a revenue of $708.46 million, demonstrating changes of +154.39% and +4.27%, respectively, from the preceding year.
Any recent changes to analyst estimates for Sweetgreen, Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health 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, the Zacks Consensus EPS estimate remained stagnant. Sweetgreen, Inc. is currently sporting a Zacks Rank of #3 (Hold).
Looking at valuation, Sweetgreen, Inc. is presently trading at a Forward P/E ratio of 12.42. Its industry sports an average Forward P/E of 20.29, so one might conclude that Sweetgreen, Inc. is trading at a discount comparatively.
It's also important to note that SG currently trades at a PEG ratio of 1.01. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. SG's industry had an average PEG ratio of 1.95 as of yesterday's close.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 202, placing it within the bottom 18% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
In the latest close session, Reddit Inc. (RDDT - Free Report) was down 1.99% at $195.47. The stock's performance was behind the S&P 500's daily loss of 0.28%. Meanwhile, the Dow experienced a drop of 1.09%, and the technology-dominated Nasdaq saw an increase of 0.2%.
The stock of company has risen by 11.98% in the past month, leading the Computer and Technology sector's loss of 1.22% and the S&P 500's gain of 1.64%.
Investors will be eagerly watching for the performance of Reddit Inc. in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.99, marking a 120% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $746.89 million, indicating a 49.49% growth compared to the corresponding quarter of the prior year.
RDDT's full-year Zacks Consensus Estimates are calling for earnings of $4.83 per share and revenue of $3.25 billion. These results would represent year-over-year changes of +84.35% and +47.64%, respectively.
Investors might also notice recent changes to analyst estimates for Reddit Inc. 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.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Reddit Inc. currently has a Zacks Rank of #2 (Buy).
Looking at valuation, Reddit Inc. is presently trading at a Forward P/E ratio of 41.27. This signifies a premium in comparison to the average Forward P/E of 19.93 for its industry.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 95, placing it within the top 39% of over 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
In the latest trading session, Signet (SIG - Free Report) closed at $81.46, marking a -2.4% move from the previous day. This change lagged the S&P 500's 0.28% loss on the day. Meanwhile, the Dow experienced a drop of 1.09%, and the technology-dominated Nasdaq saw an increase of 0.2%.
Shares of the jewelry company have depreciated by 3.79% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 0.18%, and the S&P 500's gain of 1.64%.
The investment community will be paying close attention to the earnings performance of Signet in its upcoming release. The company's upcoming EPS is projected at $1.67, signifying a 3.73% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $1.53 billion, reflecting a 0.59% fall from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $10.57 per share and revenue of $6.84 billion, which would represent changes of +10.1% and +0.43%, respectively, from the prior year.
Any recent changes to analyst estimates for Signet should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-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 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, 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. Within the past 30 days, our consensus EPS projection remained stagnant. Right now, Signet possesses a Zacks Rank of #2 (Buy).
In terms of valuation, Signet is presently being traded at a Forward P/E ratio of 7.9. This denotes a discount relative to the industry average Forward P/E of 24.86.
We can additionally observe that SIG currently boasts a PEG ratio of 0.88. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Retail - Jewelry industry stood at 1.31 at the close of the market yesterday.
The Retail - Jewelry industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 31, positioning it in the top 13% 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Rigetti Computing, Inc. (RGTI - Free Report) ended the recent trading session at $16.92, demonstrating a +2.24% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 0.28%. At the same time, the Dow lost 1.09%, and the tech-heavy Nasdaq gained 0.2%.
The company's stock has dropped by 15.95% in the past month, falling short of the Computer and Technology sector's loss of 1.22% and the S&P 500's gain of 1.64%.
The investment community will be closely monitoring the performance of Rigetti Computing, Inc. in its forthcoming earnings report. On that day, Rigetti Computing, Inc. is projected to report earnings of -$0.03 per share, which would represent year-over-year growth of 40%. Meanwhile, the latest consensus estimate predicts the revenue to be $4.91 million, indicating a 173% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.18 per share and revenue of $25.32 million, indicating changes of +71.88% and +257.28%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Rigetti Computing, Inc. 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.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, 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, the Zacks Consensus EPS estimate remained stagnant. As of now, Rigetti Computing, Inc. holds a Zacks Rank of #4 (Sell).
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 95, positioning it in the top 39% 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.
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 close session, BigBear.ai Holdings, Inc. (BBAI - Free Report) was down 3.5% at $3.31. The stock trailed the S&P 500, which registered a daily loss of 0.28%. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq increased by 0.2%.
The company's stock has dropped by 14.04% in the past month, falling short of the Computer and Technology sector's loss of 1.22% and the S&P 500's gain of 1.64%.
Market participants will be closely following the financial results of BigBear.ai Holdings, Inc. in its upcoming release. In that report, analysts expect BigBear.ai Holdings, Inc. to post earnings of -$0.04 per share. This would mark year-over-year growth of 33.33%. Meanwhile, our latest consensus estimate is calling for revenue of $36.37 million, up 12.01% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of -$0.25 per share and revenue of $146.59 million, which would represent changes of +69.51% and +14.82%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for BigBear.ai Holdings, 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 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, 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, the Zacks Consensus EPS estimate remained stagnant. BigBear.ai Holdings, Inc. currently has a Zacks Rank of #3 (Hold).
The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 103, putting it in the top 42% 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.
New York, New York--(Newsfile Corp. - July 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), of the important August 25, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Futu 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 Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/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 25, 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) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/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/304466
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.
Did you buy FUTU securities between May 24, 2023 and May 27, 2026?
Affected FUTU Investor Summary
Who: Futu Holdings Limited (NASDAQ: FUTU) What: Securities fraud class action lawsuit filed Class Period: May 24, 2023 through May 27, 2026 Deadline to Seek Lead Plaintiff Status: August 25, 2026 Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company's compliance with the requirements of the China Securities Regulatory Commission (CSRC). Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options , /PRNewswire/ -- Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against Futu Holdings Limited (Futu) (NASDAQ: FUTU) on behalf of those who purchased or acquired Futu securities between May 24, 2023 and May 27, 2026, inclusive. The lawsuit is filed in the United States District Court for the Southern District of New York and is captioned Tang v. Futu Holdings Limited, Case No. 1:26-cv-05453 (S.D.N.Y.). Investors have until August 25, 2026, to file for lead plaintiff status.
CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired Futu Holdings Limited securities and have lost money on your investment, please provide your information here:
There is no cost or obligation to speak with an attorney.
FUTU HOLDINGS LIMITED CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the CSRC, particularly because the company continued to conduct securities business, public fund sales business, and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) consequently, Futu's financial results were overstated; and (4) as a result of the foregoing, Defendants' positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Why did Futu' s Stock Drop?
On May 22, 2026, before the market opened, Reuters published an article reporting that the CSRC, along with seven other government agencies including the central bank, had launched a crackdown aimed at "brokers it accused of illegally moving money to foreign markets" including "overseas firms and their local partners operating without approval." Specifically, the article reported "online brokers Tiger, Futu and Longbridge would be penalised for soliciting business in China without an onshore licence, the securities regulator said."
That same day, pre-market, Futu issued a press release disclosing that it had received a notification letter from the CSRC stating that "certain Futu entities in mainland China and Hong Kong . . . without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China", and that the CSRC "proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million)." Further, the regulatory authority "proposes to impose a personal fine of RMB1.25 million (approximately USD 183,575) on Mr. LI Hua, the founder and CEO of the Company." On this news, Futu's stock price fell $34.10 per share, or 27.5%, to close at $89.76 per share on May 22, 2026.
Then, on May 28, 2026, before the market opened, Futu issued a press release reporting its financial results for the first quarter of 2026, including the proposed penalties comprised of "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD] and (ii) imposition of fines of approximately RMB1.38 billion [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion." On this news, Futu's stock price fell $5.31 per share, or 4.8%, to close at $104.91 per share on May 28, 2026.
WHAT FUTU INVESTORS CAN DO NOW:
File to be lead plaintiff by August 25, 2026. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you. Retain counsel of choice or take no action. THE LEAD PLAINTIFF PROCESS FOR FUTU HOLDINGS LIMITED INVESTORS:
Futu investors may, no later than August 25, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
Kessler Topaz Meltzer & Check, LLP encourages Futu investors to contact the firm for more information.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500's Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal's Plaintiff's Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group's Honor Roll of Most Feared Law Firms, The Legal Intelligencer's Class Action Firm of the Year, Lawdragon's Leading Plaintiff Financial Lawyers, and Law360's Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.
CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]
May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes. The complaint in this matter was not filed by KTMC.
Blue Bird (BLBD - Free Report) closed at $78.07 in the latest trading session, marking a -1.92% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.28%. Elsewhere, the Dow lost 1.09%, while the tech-heavy Nasdaq added 0.2%.
The school bus maker's shares have seen an increase of 11.86% over the last month, surpassing the Auto-Tires-Trucks sector's gain of 1.57% and the S&P 500's gain of 1.64%.
Analysts and investors alike will be keeping a close eye on the performance of Blue Bird in its upcoming earnings disclosure. The company is forecasted to report an EPS of $1.22, showcasing a 2.52% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $498.7 million, up 25.3% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.74 per share and revenue of $1.74 billion, which would represent changes of +8.22% and +17.88%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Blue Bird. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 3.45% higher. Blue Bird is currently sporting a Zacks Rank of #3 (Hold).
Looking at valuation, Blue Bird is presently trading at a Forward P/E ratio of 16.79. For comparison, its industry has an average Forward P/E of 18.61, which means Blue Bird is trading at a discount to the group.
It is also worth noting that BLBD currently has a PEG ratio of 1.02. 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. Automotive - Domestic stocks are, on average, holding a PEG ratio of 1.02 based on yesterday's closing prices.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 56, finds itself in the top 23% echelons 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.
Getting added to the Nasdaq-100 is usually a good day for a stock. Funds that track the benchmark have to own it. And for SpaceX (SPCX 1.02%), that meant billions of dollars of forced buying into a company whose public float is only a few percent of its shares.
On paper, that is a lot of demand chasing very little stock.
Yet a day after joining the index on July 7, SpaceX trades about 35% below its high of $225.64, changing hands for less than $147 as of this writing. That is below where the stock started when the company went public in June, in the largest U.S. initial public offering on record. It slipped about 6% in the session right after inclusion, giving back nearly all of its post-IPO gains.
So is the drawdown a chance to buy one of the most talked-about companies in the world at a discount? Or is the slide telling investors something?
Image source: Getty Images.
A classic sell-the-news move In short, this looks like a classic sell-the-news event. Sure, some buying was required because of the index inclusion. But that doesn't prevent investors from selling. And, ultimately, Wall Street seems convinced that shares aren't quite worth the premium they were commanding leading up to the event -- and especially not worth the all-time high they hit shortly after the IPO.
This sell-the-news dynamic following an index inclusion has happened before. Palantir peaked right around its own Nasdaq-100 addition in late 2024, then fell about 25% over the following weeks.
In addition, joining an index can broaden a stock's ownership over time, but it does nothing to change what the underlying business is worth.
And that, of course, is the harder question here.
At the time of this writing, SpaceX carries a market capitalization of about $1.9 trillion, making a shortlist of companies that have ever commanded a value this high. And SpaceX has reached this valuation while still losing money. In 2025, the company generated about $18.7 billion in revenue, up about 33%, so investors are paying around 100 times sales.
Today's Change
(
-1.02
%) $
-1.53
Current Price
$
147.94
What the $1.9 trillion price demands Sure, there's a real business beneath the company's $1.9 trillion market value.
Starlink, SpaceX's satellite internet service, crossed 10 million active customers earlier this year and brought in more than $11 billion in revenue in 2025, about 61% of the company's total. This is the part of the story I find most impressive: a large, fast-growing subscription business, and the main reason SpaceX can command a price in the trillions at all.
But growth alone isn't the whole story.
SpaceX is deeply unprofitable, reporting a net loss of $4.9 billion in 2025 and $4.3 billion in the first quarter of 2026. A big piece of that traces to xAI, the artificial intelligence (AI) start-up SpaceX absorbed earlier this year. Its AI segment generated $3.2 billion in 2025 revenue but burns far more, and management has floated even bolder plans, including putting AI data centers in orbit. Add the cost of scaling Starship, and free cash flow is deeply negative.
So the price is asking a lot. It assumes Starlink keeps compounding, that Starship's launch cadence ramps on schedule, and that the money flooding into xAI eventually earns a return rather than quietly consuming Starlink's profits.
Any one of those slipping could leave the stock exposed. At about 100 times sales, there is little room for the ordinary stumbles that come with building rockets and AI models at once.
To be fair, this is a singular company. Its assets are hard to copy: a reusable rocket fleet, a satellite network already circling the planet, and a founder who has repeatedly pulled off what looked impossible. For investors who believe SpaceX will own space-based connectivity and compute for decades, a 33% pullback may look like an opening.
I'm not there yet. The drawdown makes the stock cheaper than it was a week ago, but cheaper and cheap are not the same thing. With the company still losing billions, I think its near-$2 trillion market capitalization leaves no cushion at all. I would rather watch SpaceX show that Starlink's profits can outrun its spending before paying up -- even after a sharp one-day drop.
Meta Platforms (META 1.91%) has not performed well this year. With the company spending small fortunes on its artificial intelligence (AI)-related ambitions, many investors are worried that its investments won't lead to significantly stronger financial results and will only squeeze its profits and margins. However, some recent developments suggest that Meta Platforms' AI spending might pay off after all, just not in the way some people imagined. Let's look into a potential new business venture the tech leader is exploring and what investors should make of it.
Image source: The Motley Fool.
An attractive new growth driver? According to reports, Meta Platforms is exploring selling excess computing capacity. It could do so in several ways, including renting out GPU (Graphics Processing Unit) capacity it isn't using, or the Facebook parent company might also grant access to its internally developed large language models through the cloud. This new initiative could put Meta Platforms in direct competition with companies like Amazon, Microsoft, and Alphabet that currently dominate the cloud computing industry. And if it can successfully establish itself in this field, Meta Platforms would likely become an even stronger company. Here are two reasons why.
First, the tech giant currently generates almost all of its revenue from its advertising business. Although this is a strong, high-margin operation, launching a new and successful cloud segment would help the company diversify its revenue base. Second, AI infrastructure spending should continue growing at a good clip over the next few years (at least). That means increasing demand for, among other things, precisely the sort of services Meta Platforms is considering offering through this new business venture. That's probably why the company is exploring doing so in the first place: there is a large opportunity here. And even if it has to battle it out against other major hyperscalers, there might just be more than enough room in this market for Meta Platforms to carve out a niche.
Today's Change
(
-1.91
%) $
-11.73
Current Price
$
603.85
Although Meta Platforms gaining a foothold in this market would likely be great for the company, we aren't there yet. In the meantime, despite its poor stock performance, the tech leader has posted strong financial results this year. In the first quarter, Meta Platforms' revenue increased 33% year over year to $56.3 billion, while its earnings per share rose 62% to $10.44. Meta Platforms has already benefited from AI, as the company has used the technology to meaningfully grow engagement across its family of websites and apps, while also helping companies get more bang for each advertising buck.
My view is that Meta Platforms' AI-related spending is already justified, and even if, by some chance, it fails to have a bigger impact on the business, Meta Platforms can regroup and reduce expenses, just as it did when its metaverse ambitions failed to materialize. Meanwhile, the company still boasts more than 3 billion daily active users, is slowly ramping up new opportunities like paid messaging on WhatsApp, and could conjure up even more in the future. Meta Platforms' deep ecosystem and innovative capabilities remain among its biggest advantages. And the company also benefits from a moat thanks to network effects. These are all great reasons why, despite its poor stock performance this year, Meta Platforms' shares are worth investing in.
Prosper Junior Bakiny has positions in Alphabet, Amazon, and Meta Platforms. The Motley Fool has positions in and recommends Alphabet, Amazon, Meta Platforms, and Microsoft. The Motley Fool has a disclosure policy.
A strange thing is happening with Tesla (TSLA 2.18%) right now. The company posted the best delivery quarter in its history, and the stock fell 7% in a day, its worst session in close to a year. Days later, a single city launch of a driverless taxi service sent the shares up by a similar amount.
Read those two moves together, and you get the real story: The market has stopped paying Tesla for its cars.
Image source: Getty Images.
On July 2, Tesla reported 480,126 vehicle deliveries for the second quarter, a 25% jump from a year earlier and a wide beat of the 406,000 that analysts on Wall Street had modeled. Production reached 451,758 vehicles, and the energy division deployed 13.5 gigawatt-hours of storage, above the 9.6 posted a year ago.
By any plain reading, that is a strong report. The stock sold off despite the beat, and it has dropped on each of the past three delivery updates.
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Part of the explanation sits inside the quarter. Much of the demand traces to a spike in gasoline prices tied to conflict in the Middle East, a tailwind that faded once oil prices settled. A share of Tesla's truck and battery sales runs through related parties: Musk's Space Exploration Technologies (SPCX 1.02%), or SpaceX, bought $269 million of Tesla Megapacks in April to power the data centers behind its xAI unit, after buying Cybertrucks the year before. Demand that leans on the founder's other companies is harder to bank on.
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The market is valuing Tesla as an AI company The clearest signal came the following week. Tesla widened its robotaxi service to Miami, its third U.S. market, and the shares rallied, closing near $420 on July 6. A delivery record dropped the stock; a robotaxi city lifted it.
That gap tells you where the value lives. Musk has steered the company toward its Cybercab, the Semi truck, and the Optimus humanoid robot, and he chose to end production of the flagship Model S and Model X to free the Fremont lines for Optimus.
This shift raises the stakes. If Tesla is priced as an autonomy and robotics company, the car business becomes a bridge rather than the destination, and a stumble on that bridge counts.
Competition from BYD and other Chinese makers keeps pressuring prices. A Tesla Semi was involved in a fatal crash in Nevada in late June, a reminder that autonomy carries safety and legal exposure. And a robotaxi in three cities is just a pilot, still not a business.
Investors need to watch the right scoreboard. Delivery beats will move the stock less than progress on robotaxi expansion, Cybercab volume, and Optimus. Tesla reports full financial results on July 22.
To me, that is the moment to test whether the AI story has supporting numbers.
In the latest trading session, Alphabet Inc. (GOOG - Free Report) closed at $358.71, marking a -1.35% move from the previous day. This move lagged the S&P 500's daily loss of 0.28%. At the same time, the Dow lost 1.09%, and the tech-heavy Nasdaq gained 0.2%.
Shares of the company have appreciated by 0.37% over the course of the past month, outperforming the Computer and Technology sector's loss of 1.22%, and lagging the S&P 500's gain of 1.64%.
The investment community will be closely monitoring the performance of Alphabet Inc. in its forthcoming earnings report. The company is expected to report EPS of $2.86, up 23.81% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $101.22 billion, indicating a 23.86% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $14.32 per share and revenue of $423.63 billion, indicating changes of +32.47% and +23.54%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Alphabet Inc. should also be noted by investors. 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 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.17% higher. Alphabet Inc. is holding a Zacks Rank of #1 (Strong Buy) right now.
Valuation is also important, so investors should note that Alphabet Inc. has a Forward P/E ratio of 25.39 right now. For comparison, its industry has an average Forward P/E of 16.05, which means Alphabet Inc. is trading at a premium to the group.
We can additionally observe that GOOG currently boasts a PEG ratio of 1.55. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Internet - Services industry was having an average PEG ratio of 1.58.
The Internet - Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 112, which puts it in the top 46% 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
When Warren Buffett handed the reins to Greg Abel at the end of 2025, the big question was what Berkshire Hathaway (BRKB 1.83%)(BRKA 1.02%) would do with its enormous pile of cash. We're starting to get an answer, and it has a name: Alphabet (GOOGL 1.32%)(GOOG 1.25%).
Berkshire has rapidly built a position in the Google parent worth more than $20 billion. That's a striking move for a company whose new CEO could easily have spent his first months playing it safe. So what does Abel see in Alphabet, and what does the buying say about how he plans to deploy Berkshire's capital?
Image source: Getty Images.
How the stake came together Berkshire first bought a small amount of Alphabet in the third quarter of 2025, while Buffett was still CEO. But the scale of the purchases changed dramatically once Abel took over. In the first quarter of 2026, Berkshire more than tripled its Alphabet holding. That pushed the position to about $16.6 billion by the end of March, enough to make Alphabet its seventh-largest equity holding.
And then, in June, Berkshire agreed to a $10 billion private placement of Alphabet stock, buying about 28.6 million new shares directly from the company as part of Alphabet's massive equity raise. The purchase was split evenly between Alphabet's two publicly traded share classes, at prices modestly below where the stock traded at the time.
Put it all together, and Abel has directed more than $20 billion into a single technology company in a matter of months. And this is a conglomerate that famously moves slowly and sat on more than $390 billion in cash and Treasury bills at the end of the first quarter. Against that backdrop, the Alphabet buying is a decisive statement of conviction.
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Why Abel keeps buying It's easy to see why Abel probably likes Alphabet stock. Alphabet's advertising engine, Google Search and YouTube, consistently throws off enormous profits. That's the kind of toll-booth economics Buffett spent decades favoring. It makes Alphabet look less like a speculative AI bet and more like a high-quality cash machine trading at a reasonable price.
But the part that likely tipped the scale is the cloud business. Q1, Google Cloud revenue jumped 63% year over year to about $20 billion, and the segment's operating income roughly tripled to $6.6 billion. Even more telling, Alphabet's cloud backlog, meaning contracted work not yet recognized as revenue, almost doubled in a single quarter to more than $460 billion. That figure points to years of demand already under contract as customers reserve capacity for AI workloads.
Of course, Alphabet is spending heavily to meet that demand, guiding for capital expenditures of as much as $190 billion this year. That kind of outlay is exactly what spooks some investors. But a backlog growing this fast is the counterweight, and it helps explain why Abel was willing to write a $10 billion check on top of the open-market buying. Notably, that private placement helped fund the very build-out the backlog represents, so Berkshire is effectively bankrolling growth it also owns a piece of.
Valuation likely played a role, too. Even after a strong run, Alphabet trades at about 28 times earnings. That's hardly a bargain, but it's a sensible price for a business growing operating income 30% year over year with a fast-expanding, increasingly profitable cloud arm underneath it.
For Abel, that mix of quality, growth, and a fair multiple is about as close to a Buffett-style setup as today's market offers among the megacap technology names.
So what does the buying signal about Abel's approach? To me, it suggests he intends to put Berkshire's cash to work in size when he finds a business he understands at a price he likes, rather than hoarding it indefinitely. That's a meaningful shift in tone, and Alphabet is the clearest early evidence of it. The risk, of course, is that Alphabet's heavy AI spending doesn't pay off as hoped, or that regulatory pressure on Google weighs on the stock. But Abel has concentrated real money behind the view that it will. For Berkshire shareholders trying to read the new era, that conviction is worth paying attention to.
In the latest close session, Microsoft (MSFT - Free Report) was down 1.41% at $383.34. This change lagged the S&P 500's 0.28% loss on the day. Meanwhile, the Dow experienced a drop of 1.09%, and the technology-dominated Nasdaq saw an increase of 0.2%.
Shares of the software maker have depreciated by 3.61% over the course of the past month, underperforming the Computer and Technology sector's loss of 1.22%, and the S&P 500's gain of 1.64%.
The investment community will be closely monitoring the performance of Microsoft in its forthcoming earnings report. On that day, Microsoft is projected to report earnings of $4.21 per share, which would represent year-over-year growth of 15.34%. Alongside, our most recent consensus estimate is anticipating revenue of $87.44 billion, indicating a 14.39% upward movement from the same quarter last year.
MSFT's full-year Zacks Consensus Estimates are calling for earnings of $17.33 per share and revenue of $329.26 billion. These results would represent year-over-year changes of +27.05% and +16.87%, respectively.
Investors might also notice recent changes to analyst estimates for Microsoft. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
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, 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 a 0.02% increase. Microsoft currently has a Zacks Rank of #3 (Hold).
From a valuation perspective, Microsoft is currently exchanging hands at a Forward P/E ratio of 20.16. This signifies a premium in comparison to the average Forward P/E of 16.55 for its industry.
Meanwhile, MSFT's PEG ratio is currently 1.22. 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 the market closed yesterday, the Computer - Software industry was having an average PEG ratio of 1.27.
The Computer - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 103, putting it in the top 42% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Microsoft (MSFT 1.41%) is undertaking yet another cost-cutting initiative.
*Stock prices used were the afternoon prices of July 6, 2026. The video was published on July 8, 2026.
Parkev Tatevosian, CFA has positions in Microsoft. The Motley Fool has positions in and recommends Microsoft. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
