Zimmer Biomet plánuje v novém technologickém centru v Bengaluru během tří let najmout 500 lidí. Centrum se zaměří hlavně na umělou inteligenci, robotiku a chirurgické plánování.
The logo of medical implants maker Zimmer Biomet is seen at a plant in Winterthur, Switzerland, November 16, 2018. Picture taken November 16, 2018. REUTERS/Moritz Hager/File Photo Purchase Licensing Rights, opens new tab
CompaniesBENGALURU/HYDERABAD, July 2 (Reuters) - - Medical device maker Zimmer Biomet (ZBH.N), opens new tab plans to hire 500 employees over the next three years for its newly opened technology centre in Bengaluru, a senior executive said, as the U.S.-listed company expands its presence in India.
The hires will span software engineering, product design, research and development, and functions such as quality, regulatory and finance, Jehanzeb Noor, chief strategy, business development, innovation and transformation officer, said on Wednesday.
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About two-thirds of the hires will be in technology roles, with the remainder in support functions, Noor said, adding that the company was not constrained on hiring and could significantly expand headcount to thousands in the future.
The expansion comes as India strengthens its position as a hub for global capability centres. Healthcare companies including Novo Nordisk (NOVOb.CO), opens new tab, AstraZeneca (AZN.L), opens new tab and Eli Lilly (LLY.N), opens new tab use their India centres for research and development, clinical data analysis, regulatory work and technology.
GCC consultant ANSR estimates revenue from India's global capability centres will rise 12% to $84 billion in the financial year ending 2026, the firm told Reuters.
Zimmer Biomet, whose key markets include the United States, Europe and Japan, makes orthopedic implants for knee, hip and shoulder replacements, as well as surgical and robotic devices for musculoskeletal conditions.
"We want to make sure that we have a centre that has all the appropriate functions running together so we can drive innovation and bring that back to our surgeons, care teams and patients," Chief Information and Technology Officer Shaun Braun said.
The company said the centre would focus heavily on artificial intelligence, with applications spanning robotics, surgical planning and research and development, as it looks to expand the use of AI in its products and speed up development.
Reporting by Sai Ishwarbharath B in Bengaluru and Rishika Sadam in Hyderabad; Editing by Nivedita Bhattacharjee
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Rishika leads Reuters’ coverage of India’s pharmaceutical and healthcare sector. Her reporting focuses on key themes such as the emergence of weight-loss drugs, the country’s drug regulatory framework and manufacturing quality standards, and developments shaping India’s pharmaceutical exports to major markets including the United States and Europe. She also covers the country’s rapidly growing hospital industry. With nearly a decade of experience in journalism, Rishika has previously reported extensively on Indian politics, national elections, and on social affairs and criminal justice.
The Ensign Group koupila v Texasu realitní aktiva i provoz dvou zařízení s 126 a 124 lůžky. Tím rozšířila portfolio na 398 zdravotnických provozů v 17 státech.
July 02, 2026 06:00 ET | Source: The Ensign Group, Inc.
SAN JUAN CAPISTRANO, Calif., July 02, 2026 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the real estate and operations of (i) “Las Ventanas de Socorro”, a 126-bed skilled nursing facility located in Socorro, Texas, and (ii) “Los Arcos del Norte Care Center”, a 124-bed skilled nursing facility located in El Paso, Texas. The real estate was acquired by subsidiaries of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and the facilities are operated by Ensign-affiliated tenants. The acquisition was effective as of July 1, 2026.
“We are excited to continue our incredible year in Texas with the acquisition of these excellent facilities”, said Barry Port, Ensign's Chief Executive Officer. “We are always looking to expand our presence in Texas, and these facilities are tremendous adds to our operations and Standard Bearer’s real estate footprint”, he added.
Andy Ashton, President of Keystone Care LLC, Ensign’s Texas-based subsidiary, added, “Both facilities have fantastic teams of caregivers, and we are so excited to begin serving our residents and their families in the El Paso area.”
These acquisitions were effective July 1, 2026, and bring Ensign's growing portfolio to 398 healthcare operations, which includes 48 senior living operations, across 17 states. Ensign subsidiaries, including Standard Bearer, own 183 real estate assets. Mr. Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, senior living and other healthcare related businesses throughout the United States.
About Ensign™
The Ensign Group, Inc.'s independent operating subsidiaries provide a broad spectrum of skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 398 healthcare facilities in Alabama, Alaska, Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Tennessee, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at http://www.ensigngroup.net.
Ademi LLP prověřuje, zda Huntsman při oznámené transakci s Olin neporušil fiduciární povinnosti vůči svým akcionářům. Akcionáři Huntsman mají za každou 1 akcii Huntsman obdržet 0,5476 akcie Olin.
MILWAUKEE, July 02, 2026 (GLOBE NEWSWIRE) -- Ademi LLP is investigating Huntsman (NYSE: HUN) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Olin.
Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.
Huntsman shareholders will receive 0.5476 shares in Olin for every one (1) share of Huntsman. Upon completion of the transaction, Olin shareholders will own approximately 54.5% and Huntsman shareholders will own approximately 45.5% of the combined company.
Huntsman insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Huntsman by imposing a significant penalty if Huntsman accepts a competing bid. We are investigating the conduct of the Huntsman board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
United Therapeutics koupila Thymmune Therapeutics za 140 milionů USD v hotovosti, s možným earn-outem až 160 milionů USD. Thymmune vyvíjí regenerativní buněčné terapie brzlíku pro transplantace, imunodeficience a autoimunitní choroby.
SILVER SPRING, Md. & RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--United Therapeutics Corporation (Nasdaq: UTHR) announced today it has acquired Thymmune Therapeutics, Inc. (Thymmune), a privately held, preclinical stage biotechnology company developing scalable, regenerative thymic cell therapies for the potential treatment of post-transplant organ tolerance, immunodeficiencies, and autoimmune diseases.
The thymus is a critical organ for the development and proper function of key parts of the immune system, including training T-cells, which are essential for fighting infections and other diseases. Thymmune has a proprietary process for converting human-induced pluripotent stem cells (iPSC) into thymic cells, which — once inside the body — mature into cell types that can restore healthy T-cell function.
Thymmune’s lead candidate, THY-100, is in preclinical development for congenital athymia, an ultra-rare and life-threatening condition in which infants are born without a functional thymus. Animal studies have shown that treatment with THY-100 results in the in vivo formation of a neo-thymus that is capable of facilitating T-cell development. The clinical proof of concept and further development of THY-100 has the potential to broaden thymic regenerative medicine approaches for transplant tolerance, serious immune-mediated diseases, and enhanced longevity for older adults with diminished T-cell function.
“Thymmune’s platform complements United Therapeutics’ broader mission to expand the supply of transplantable organs, building on our UThymoKidney™ clinical development program and our growing strength in immunomodulatory therapeutics,” said Martine Rothblatt, Ph.D., Chairperson and Chief Executive Officer of United Therapeutics. “By restoring or modulating T-cell receptor diversity, Thymmune’s technology could make fundamental contributions to human health care and potentially resolve the root causes of dozens of life-threatening diseases.”
“Thymmune was founded to harness the biology of the thymus to restore immune function for patients with serious immune-mediated diseases,” said Stan Wang, M.D., Ph.D., Chief Executive Officer and Founder of Thymmune Therapeutics. “United Therapeutics shares our conviction that regenerative medicine can transform the lives of patients, and we believe its leadership in organ alternatives and cell-based technologies makes it the ideal partner to advance our platform toward broad clinical impact.”
Under the terms of the agreement, United Therapeutics acquired Thymmune for $140 million in cash, subject to certain post-closing adjustments, plus potential earn-out payments to former Thymmune equityholders of up to $160 million based upon the achievement of certain clinical and regulatory milestones by the end of 2031.
About United Therapeutics
Founded by CEO Martine Rothblatt to discover a cure for her daughter's life-threatening rare disease, pulmonary arterial hypertension, United Therapeutics transforms the treatment of rare diseases and pioneers alternatives to expand the supply of transplantable organs. From our innovative therapies to our groundbreaking manufactured organs, we are bold and unconventional. We move quickly from scientific theory to practical technologies that can save lives. As a public benefit corporation, even our legal structure reflects our commitments. We serve patients, act with integrity, create long-term shareholder value, and operate with sustainable practices that protect the future we are working to build. Visit us at www.unither.com and follow us on LinkedIn, Facebook, and Instagram.
Forward-Looking Statements
Statements included in this press release that are not historical in nature are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, among others, statements regarding our plans to develop THY-100 and other products based on Thymmune’s technology, including the potential to broaden thymic regenerative medicine approaches for transplant tolerance, serious immune-mediated diseases, and enhanced longevity for older adults with diminished T-cell function, the potential for Thymmune’s technology to support our organ manufacturing programs, the potential for Thymmune’s technology to make fundamental contributions to human health care and potentially resolve the root causes of dozens of life-threatening diseases, the potential earn-out payments to the former Thymmune stockholders, our goals of expanding the supply of transplantable organs, developing practical technologies that can save lives, creating long-term shareholder value, and operating with sustainable practices. These forward-looking statements are subject to certain risks and uncertainties, such as those described in our periodic reports filed with the Securities and Exchange Commission, that could cause actual results to differ materially from anticipated results. Consequently, such forward-looking statements are qualified by the cautionary statements, cautionary language, and risk factors set forth in our periodic reports and documents filed with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We claim the protection of the safe harbor contained in the Private Securities Litigation Reform Act of 1995 for forward-looking statements. We are providing this information as of July 2, 2026, and assume no obligation to update or revise the information contained in this press release whether because of new information, future events, or any other reason.
UTHYMOKIDNEY is a trademark of United Therapeutics Corporation.
Alnylam Pharmaceuticals v 1. čtvrtletí zvýšila tržby z produktů o 121 % na 1,04 miliardy USD a EPS se ztráty 0,14 USD se změnilo na zisk 1,51 USD. Analytici vidí cílovou cenu 436 USD, asi 45 % nad závěrečnou cenou z 30. června.
Shares of Alnylam Pharmaceuticals (ALNY +0.44%) have dropped 24% so far this year (through June 30). The biotech company is still a darling of Wall Street analysts, with 14 of 29 analysts following it listing the stock as a buy and seven listing it as a strong buy as I write this. The average price target is $436, about 45% above the June 30 closing price.
Since 2018, the company has brought to market six RNA interference (RNAi) therapeutics, genetic medicines that use RNA interference to inhibit specific disease-associated genes. Here's why things are looking good for the stock, and one note of caution.
Image source: Getty Images.
Alnylam is showing explosive revenue growth In the first quarter, product revenue surged 121% year over year to $1.04 billion, fueled primarily by Alnylam's transthyretin amyloidosis (ATTR) franchise, which grew 153% to $910 million. The driver for that growth was Amvuttra, an injectable therapy used to treat polyneuropathy (damage of multiple nerves throughout the body) in adults with hereditary transthyretin-mediated amyloidosis (hATTR).
Alnylam reported a huge jump in profitability, with earnings per share (EPS) of $1.51, compared to a loss per share of $0.14 in the same period a year ago.
The company's full-year 2026 guidance calls for combined net product revenue of between $4.9 billion and $5.3 billion, up 71% year over year at the midpoint. Alnylam is rapidly transitioning from a high-burn clinical biotech into a highly profitable, self-sustaining commercial powerhouse.
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Its products are expanding into new indications While Alnylam has done well in treating rare orphan diseases, its pipeline is on the cusp of penetrating mainstream, high-volume therapeutic markets. New data reinforces Amvuttra's profile as a robust, first-line treatment for cardiomyopathy, setting up a massive commercial launch. Cardiomyopathy affects 0.2% of the U.S. population, and in 40% of cases, leads to heart failure.
Partnering with Roche Holding (RHHBY 2.01%), Alnylam has also developed zilebesiran to treat hypertension, which impacts nearly half of the adults in the U.S.
Zilebesiran and nucresiran are in phase 3 trials -- the first to treat hypertension and the second to treat ATTR. Zilebesiran is unique in that it treats a common condition but in a different manner, as an RNAi therapeutic targeting liver-expressed angiotensinogen and requiring dosing only a few times a year. Nucresiran is in phase 3 trials both to treat hATTR with polyneuropathy, and to treat ATTR-CM.
Another therapy, cemdisiran, is licensed to Regeneron Pharmaceuticals. Among its phase 3 trials are one to treat the autoimmune disorder myasthenia gravis and another to treat the rare blood disease paroxysmal nocturnal hemoglobinuria.
Unlike traditional small molecules or biologics that face immediate patent cliffs, Alnylam's RNAi delivery platforms form a deep technological moat. And its RNAi approach allows it to quickly replicate success from one liver-targeted disease to another with highly predictable clinical translation.
It is aggressively maintaining this edge by deploying artificial intelligence (AI), notably via a strategic AI collaboration with private biotech company Inceptive Nucleics, to accelerate the discovery of next-generation RNAi structures.
A note of caution Even with its tumble this year, the stock is trading at 75 times trailing earnings. That's high for a biotech, particularly one that isn't consistently profitable. Much of the share price is already factoring in the continued commercial uptake of Amvuttra. However, aggressive pricing pressure from competitors such as Pfizer or BridgeBio Pharma could trigger a sharp drop in the price.
The experts are right In the long run, this is a solid stock, even though it trades at a relatively high valuation. The company is already profitable, is growing revenue and earnings, and has a few new therapies on the cusp of commercialization. It has a unique delivery system that will help it retain patent protection. And it is branching out beyond rare diseases into areas such as heart disease and high blood pressure, which have larger patient populations.
Going on company guidance, its forward price-to-earnings (P/E) ratio is just below 30, meaning the stock isn't that expensive given its potential.
MILWAUKEE, July 02, 2026 (GLOBE NEWSWIRE) -- Ademi LLP is investigating Payoneer (NASDAQ: PAYO) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Nuvei.
Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.
Payoneer stockholders will receive $7.40 per share in cash, representing a total transaction equity value of approximately $2.75 billion. Payoneer insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Payoneer by imposing a significant penalty if Payoneer accepts a competing bid. We are investigating the conduct of the Payoneer board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Ademi LLP prověřuje, zda Bio-Techne při nedávné transakci s Merck neporušila povinnost řádné péče vůči akcionářům. Akcionáři mají dostat 73 USD za akcii v hotovosti.
MILWAUKEE, July 02, 2026 (GLOBE NEWSWIRE) -- Ademi LLP is investigating Bio-Techne (NASDAQ: TECH) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Merck.
Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.
Bio-Techne shareholders will receive $73 per share in cash, representing a total enterprise value of approximately $11.3 billion. Bio-Techne insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Bio-Techne by imposing a significant penalty if Bio-Techne accepts a competing bid. We are investigating the conduct of the Bio-Techne board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Verisk odhaduje, že ekonomické škody po zemětřesení ve Venezuele z 24. června pravděpodobně přesáhnou 10 miliard USD. Odhadem bylo zničeno 1 400 budov.
BOSTON, July 02, 2026 (GLOBE NEWSWIRE) -- The Catastrophe and Risk Solutions group at Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology partner to the global insurance industry, estimates economic losses from the June 24, 2026 earthquakes in Venezuela will likely exceed USD 10 billion. Verisk notes a higher degree of uncertainty than usual in estimating the insured share of industry losses because of Venezuela's macroeconomic conditions, elevated inflation, low insurance penetration, and sanctions-related market complexities.
Earthquake Sequence and Impacts
On June 24, Venezuela was struck by a rare earthquake doublet near Yumare-Morón in Yaracuy state, approximately 100 miles west of Caracas. A magnitude 7.2 foreshock was followed just 39 seconds later by a magnitude 7.5 mainshock, making it the strongest earthquake to impact Venezuela since 1900. The shallow strike-slip rupture occurred along the San Sebastián fault system within the tectonically active boundary zone between the Caribbean and South American plates and was subsequently followed by more than 430 recorded aftershocks.
Damage was most severe in the Caracas metropolitan region and the coastal state of La Guaira, where an estimated 1,400 buildings were destroyed. Significant destruction was also reported across Aragua, Carabobo, and Yaracuy states. Communities including Puerto Cabello, Catia La Mar, Maiquetía, San Felipe, Los Teques, Petare, Valencia, and Baruta experienced severe shaking, according to U.S. Geological Survey intensity estimates.
Modeling Information
Because of Venezuela's economic environment, Verisk notes greater uncertainty than is typical for an industry loss estimate. Factors contributing to this uncertainty include assumptions regarding earthquake insurance take-up rates, ongoing inflationary pressures, and the challenges associated with accurately valuing insured assets in a rapidly changing economic environment.
The modeled insured loss estimates do not include losses resulting from fire-following, landslides, sprinkler leakage, loss adjustment expenses, damage to uninsured properties or infrastructure, extra-contractual obligations, hazardous waste cleanup, vandalism, or civil commotion, whether directly or indirectly caused by the event. The estimates also exclude losses associated with civil engineering (railway) risks, marine cargo and marine hull risks, aviation risks, transit warehouse risks, personal accident risks, and other non-modeled sources of loss.
Building Stock and Earthquake Vulnerability
Today, the majority of residential buildings in Venezuela's urban areas are constructed of masonry, including reinforced masonry, confined masonry, and unreinforced masonry structures. Reinforced concrete is the predominant construction type in mid- and high-rise residential buildings, particularly in major urban centers such as Caracas.
Although modern engineering standards exist, seismic performance varies significantly due to local construction practices, material quality, and enforcement of building codes.
Insurance Market in Venezuela
Venezuela's insurance and reinsurance sector remains relatively small and highly concentrated compared to many global markets. The industry continues to operate under challenging macroeconomic conditions characterized by elevated inflation, currency depreciation, regulatory complexity, and limited market capacity.
These conditions create additional uncertainty when estimating insured losses following a catastrophe. Variations in earthquake insurance penetration, coverage levels, and insured property values can materially influence the ultimate insured share of economic losses resulting from the earthquake sequence.
About Verisk
Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, catastrophic events, sustainability and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses.. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work. For more, visit Verisk.com and the Verisk Newsroom.
MILWAUKEE, July 02, 2026 (GLOBE NEWSWIRE) -- Ademi LLP is investigating Nuvalent (NASDAQ: NUVL) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with GSK plc.
Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.
Nuvalent stockholders will receive $124 per share and the aggregate equity value of the transaction is approximately $10.6 billion. Nuvalent insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Nuvalent by imposing a significant penalty if Nuvalent accepts a competing bid. We are investigating the conduct of the Nuvalent board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Paramount Skydance spojuje reklamní produktový a technologický tým do jedné moderní organizace. Změny mají podpořit digitální transformaci pod vedením Davida Ellisona.
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Paramount Skydance CEO David Ellison has leaned into technology since taking the helm. Ian Gavan/Getty Images for Paramount Pictures; Illustration by Cheng Xin/Getty Images Paramount Skydance has revamped another key tech team as CEO David Ellison's digital transformation takes shape.
Paramount's ad product and tech teams are joining forces, becoming the latest units to get a makeover. Earlier this year, Ellison combined streaming engineering groups and reassigned some staffers who'd helped merge the tech platforms of Paramount+ and free streamer Pluto TV.
Ad product and tech employees learned about the new structure and leaders in a late-June memo from Hugh Williams, a former Google tech exec who joined Paramount this spring as an EVP.
Merging the ad product and tech groups will help create "the modern, unified product and technology organization we set out to build," Williams said in the memo, which was obtained by Business Insider.
Ellison is set on modernizing Paramount, a 114-year-old Hollywood powerhouse that hasn't been known for its tech prowess. He's hoping to narrow the gap with Netflix, both by "prioritizing investments in advanced technology" and by buying Warner Bros. Discovery.
Paramount has made strides in streaming tech by adding a short-form video feed and plans to add interactive features, such as a shopping tool and sports stats. The company is also eyeing video podcasts to drive engagement.
Paramount's rearranged ad product and tech group has five parts, and each unit's leader will report directly to Williams, the EVP said.
Staffers on these teams should prepare for "movement between the groups soon to align with the new team structure," Williams added.
Todd Bender, currently Paramount's EVP of Advertising Platforms, will take on a new role as EVP of Integration, Williams said. Bender will support Williams and product chief Dane Glasgow "in complex integration planning work" with the changes, Williams said in the memo.
Here's a breakdown of Paramount ad product and tech's new structure and leadership team:Product Management (PM)Led by four executives:
Charlie Goodman: SVP, Decisioning & Ad Formats PMMatthew Jacobs: Senior Director, Reporting, Measurement, and Attribution PMGeorge Powell: VP, Ad Platforms & Systems PMMichele Stone: SVP, Revenue Enablement PMDescription: "Accountable for why we do work and what work we do, organized around the full 'pitch to pay' lifecycle of advertising across every screen. This spans how clients and our sales teams plan and transact with us; how we decide, deliver, operate, and shape the ad experience; the shared platforms and infrastructure the organization runs on; and how we measure outcomes and turn delivered value into revenue."EngineeringLed by Rich Orme: EVP, Engineering
Background: Orme joined Paramount in June after working in tech for close to three decades. He most recently started and ran AI advisory firm Leif Partners and previously worked at tech investment firm Silver Lake.Description: "Accountable for how and when we build software. Once the PM team decides what to build, Engineering owns the architecture, design, build, and delivery dates. Almost all of our engineers will report into this new organization."DataLed by TBD
Williams said that Paramount plans to hire an EVP of Data to head up its data science and analytics efforts.Description: "Accountable for how and when we build our data solutions, spanning analytics and data science. Analytics owns the insights, reporting, dashboards, experimentation, and ensuring our data is relevant, reliable, and reusable. They will answer the hard and interesting data questions about Ads. Data science owns the models and algorithms that power our products. Data partners closely with Engineering and is a key partner across Product Management."Advertising SolutionsLed by Dayna Wasilefski: VP, Advertising Solutions
Background: Wasilefski is a longtime Paramount executive stepping in for Paul Mahood, the ad sales product and tech SVP who's leaving the company at the end of July after more than two decades.Description: "Owns the significant vendor solutions that run our customer and linear businesses, including our CRM and all Salesforce instances, linear systems, and the technology behind local, sports, and our other non-streaming businesses. We will continue to deliver these with the availability and continuity the business depends on. This team owns the how and the when for customizing and operating those solutions."Field CTOLed by Travis Scoles: EVP, Field CTODescription: "A small, senior, client-facing team focused on direct relationships with our ad sales teams and advertisers. This team will build small, high-value custom solutions, representing our product and technology strategy to clients and partners, and feeding market intelligence back into the organization. Their work is deliberately one-off: anything that becomes durable is handed back to the broader organization to own and prioritize. The team will also represent Ads Product and Tech in client forums and evangelize Paramount as leaders in the Ads space."Paramount has a new-look leadership teamEllison's Paramount has had plenty of leadership changes this year.
Besides bringing on Williams, the company also landed former Google AI language product exec Barak Turovsky in May as its head of consumer AI. And in March, Paramount hired Danielle Carney from Amazon to oversee its US ad sales team.
Meanwhile, tech chief Phil Wiser left the company in late May. A few months earlier, agency partnerships EVP Chris Simon stepped down, and streaming product and tech chief Vibol Hou also left.
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Apple plánuje mezi druhou polovinou letošního roku a první polovinou roku 2027 uvést nejméně pět nových iPhonů a zvýšit výrobu skládacích modelů. Zároveň jedná o paměťových čipech z Číny kvůli napjatým dodávkám pamětí.
Apple plans to launch at least five new iPhone models between the second half of this year and the first half of 2027, while increasing production plans for foldable devices, as it looks to vie for a greater slice of the market amid an industrywide component supply shortage, Nikkei Asia reported Thursday.
The U.S. tech giant has instructed suppliers to prepare to produce about 10 million foldable iPhones this year, up from an earlier forecast of 7 million to 8 million units, the report said, citing people familiar with the matter.
Ahead of launching its first-ever foldable device, Apple has already secured components for about 80 million smartphones spread across new models for the second half of 2026, according to Nikkei Asia.
Apple's total smartphone production for 2026 is expected to exceed 220 million units, the report said. Its scale and purchasing power in sourcing memory and components remain significantly stronger than most of its peers, even as shortages driven by AI-related demand ripple through the industry.
This has allowed Apple to navigate supply shortages better than Chinese rivals such as Xiaomi, Oppo, and Vivo, which have each slashed their annual production targets to below 100 million units, Nikkei Asia reported.
"Compared with Apple's bargaining power, the Chinese smartphone makers are in a weak spot in terms of getting more supplies of memory chips or increasing the prices," an executive at a supplier for both Apple and Xiaomi told Nikkei Asia. "It gives Apple a good motivation to launch the iPhones in spring and take more of their share."
Apple's efforts to secure components come as a global memory shortage driven by demand from artificial intelligence data centers pushes up costs across the industry.
Bloomberg reported Thursday that Apple is in talks to source memory chips for devices sold in China from Chinese manufacturers ChangXin Memory Technologies and Yangtze Memory Technologies, both of which are included on a Pentagon list of companies alleged to support Beijing's military. Apple has not confirmed the discussions, and Bloomberg reported that negotiations remain ongoing.
Apple is reportedly seeking to broaden its supplier base as memory shortages strain production across the consumer electronics sector.
Apple plans to introduce at least two new iPhones in the first half of 2027, including the standard iPhone 18 and a new iPhone Air, according to Nikkei Asia.
The aggressive product roadmap comes after Apple implemented price hikes for its MacBook and iPad lineups last week as memory and storage costs surged.
Apple did not immediately respond to CNBC's request for comment.
Americký úřad NHTSA uzavřel vyšetřování 695 000 vozů Tesla kvůli nečekanému zpomalování. Uvedl nízké riziko a prudký pokles hlášení po softwarové aktualizaci.
Tesla Model 3 vehicles are shown for sale at a Tesla facility in Long Beach, California, U.S., May 22, 2023. REUTERS/Mike Blake Purchase Licensing Rights, opens new tab
CompaniesJuly 2 (Reuters) - The U.S. National Highway Traffic Safety Administration (NHTSA) on Thursday said it had closed its 2022 preliminary evaluation into 695,000 Tesla (TSLA.O), opens new tab vehicles over unexpected deceleration, citing low demonstrated hazard to drivers and a substantial drop in incidents.
Here are a few details:
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The investigation covered Model 3 and Model Y vehicles.
NHTSA said that Tesla had released software updates in early 2022 to target unexpected deceleration.
Incident reports declined to 45 in 2024, 19 in 2025, and three since the start of 2026, according to the auto safety regulator. There were 300 such reports when the investigation was opened.
The regulator said the reported conditions did not alter the vehicle’s lateral positioning in their lanes and did not cause significant loss in distance between the subject and following vehicle to lead to a collision.
Last week, NHTSA had separately closed an expanded probe covering an estimated 376,241 Model 3 and Model Y vehicles over loss of steering control.
Reporting by Disha Mishra in Bengaluru; Editing by Nivedita Bhattacharjee
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Soudní dvůr EU zamítl odvolání Googlu a potvrdil pokutu 4,1 miliardy EUR za zneužití dominance v Androidu. Regulátoři firmě vytýkali, že nutila výrobce předinstalovat Google Search, Chrome a Google Play.
A Google logo is seen at a company research facility in Mountain View, California, U.S., May 13, 2025. REUTERS/Carlos Barria/File Photo Purchase Licensing Rights, opens new tab
CompaniesBRUSSELS, July 2 (Reuters) - Alphabet's (GOOGL.O), opens new tab Google on Thursday lost its fight against a record fine imposed by EU antitrust regulators eight years ago for using its Android mobile operating system to block rivals, a court ruling likely to boost Europe's crackdown on Big Tech.
The European Commission had originally handed out a €4.34 billion fine to Google in 2018 for its agreements which forced phone manufacturers to pre-install Google Search, the Chrome browser and the Google Play app store on their Android devices and prevented them from using rival Android systems.
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A lower tribunal subsequently trimmed the fine to €4.1 billion in 2022 after the world's most popular search engine challenged the EU penalty. Google then appealed to the Luxembourg-based Court of Justice of the European Union, Europe's highest.
The court sided with the EU antitrust enforcer.
"The appeal brought by Google and its parent company Alphabet against the judgment of the General Court is dismissed, thereby confirming the penalty imposed for Google Search's abuse of a dominant position in the context of the Android operating system," judges said.
A Google spokesperson said that the judgment failed to take into account its investment to ensure Android remains open, interoperable and free.
"In any event, we adapted our agreements to comply with the initial decision back in 2018 and we remain focused on continued innovation and openness for our users, partners and developers", Google said.
Google has racked up close to €11 billion in EU fines in the last decades for various antitrust infringements.
It will likely see more fines in the near future for allegedly favouring its own services and products in search results and for practices related to its app store, both of which fall under the Digital Markets Act aimed at reining in the power of Big Tech.
The case is C-738/22 P Google and Alphabet v Commission.
Reporting by Foo Yun Chee and Sudip Kar-Gupta; Editing by Louise Heavens
Our Standards: The Thomson Reuters Trust Principles., opens new tab
An agenda-setting and market-moving journalist, Foo Yun Chee is a 21-year veteran at Reuters. Her stories on high profile mergers have pushed up the European telecoms index, lifted companies' shares and helped investors decide on their next move. Her knowledge and experience of European antitrust laws and developments helped her break stories on Microsoft, Google, Amazon, Meta and Apple, numerous market-moving mergers and antitrust investigations. She has previously reported on Greek politics and companies, when Greece's entry into the eurozone meant it punched above its weight on the international stage, as well as on Dutch corporate giants and the quirks of Dutch society and culture that never fail to charm readers.
SummaryMicrosoft's RPO surged 99% year over year to $627 billion, with approximately $157 billion expected to convert into revenue within 12 months.AI monetization extends beyond inference, driving strong growth across Cosmos DB, OneLake, Azure infrastructure, storage, compliance, and enterprise data services.AI ARR reached $37 billion, up 123% year over year, while Azure is guided to deliver approximately 40% constant-currency growth next quarter.Microsoft's multi-model AI strategy and Maia/Cobalt silicon should reduce inference costs, supporting long-term margin expansion despite elevated infrastructure investments.Risks include a projected $190 billion FY26 CapEx program, declining cloud gross margins, regulatory scrutiny, and increasing competition following OpenAI's reduced exclusivity. tupungato/iStock Editorial via Getty Images
Investment Thesis Microsoft's (MSFT) narrative has changed dramatically over the last few quarters. The question now is not whether Microsoft can monetize AI but how much monetization has been locked in already. MSFT is
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in MSFT over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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JPMorgan zveřejní výsledky za 2. čtvrtletí před otevřením trhu 14. července; analytici čekají EPS 5,61 USD a tržby 49,56 miliardy USD. Akcie ve středu stouply o 2,1 %.
JPMorgan Chase & Co. (NYSE:JPM) will release earnings for its second quarter before the opening bell on Tuesday, July 14.
Analysts expect the New York-based company to report quarterly earnings of $5.61 per share, up from $4.96 per share in the year-ago period. The consensus estimate for JPMorgan’s quarterly revenue is $49.56 billion. It reported $44.91 billion last year, according to Benzinga Pro.
JPMorgan stated on Monday that it supports a regulatory framework for cryptocurrencies but warned the rules could carry risks, especially for stablecoins and yield-producing products.
Shares of JPMorgan rose 2.1% to close at $334.07 on Wednesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying JPM stock? Here’s what analysts think:
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Vancouver, British Columbia--(Newsfile Corp. - July 2, 2026) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to announce that Phase II drilling at the Copper Mountain Uranium Project in Wyoming has commenced.
Highlights
Phase II drilling is now underway at the Copper Mountain Uranium Project in Wyoming. The first four holes will test mineralization at Lucky Cliff, a high-priority target area drilled by Union Pacific in the late 1970s and never followed up with modern techniques (see Figure 3).
Any mineralization confirmed at Lucky Cliff will be outside the 1982 U.S. DOE Bendix Engineering Report "Assessment Area" ("the Bendix Report") previously reported here (see Figure 1).
Once the holes at Lucky Cliff are complete, the Phase II program will turn to drilling areas, other than Canning, that are associated with historical resource estimates totalling 26.63 Mlbs eU3O8 contained in 44.1 Mt at an average grade of 171 ppm eU3O8, which are not being treated as current mineral resources or mineral reserves (see note about Historical Estimates below).
Canning contains roughly half of the historically estimated resources at Copper Mountain and was the focus of Myriad's highly successful 34-hole Phase I drill program in late 2024 (release here).
Phase II will also test new targets identified by our recent geophysics (release here), which have undergone verification by ground truthing using a hand-held gamma spectrometer.
The final stage of Phase II will be infill drilling to support a current mineral resource estimate under NI 43-101.
In 1982, Bendix Engineering for the U.S. Dept. of Energy reported an exploration target for Copper Mountain of 245 to 655 Mlbs eU3O8 contained within 1,111 Mt to 2,971 Mt (at 100 ppm eU3O8) and 222 Mt to 594 Mt (at 500 ppm eU3O8). Reported here and here (see Figure 1 and details below).
The potential tonnages and grades of the Bendix exploration target are conceptual in nature and are based on previous drill results and there has been insufficient exploration to define a current mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource. See the section titled "Copper Mountain Exploration Target" below for more details.
Myriad's CEO, Thomas Lamb, commented: "Our aim for Phase II drilling will be to confirm mineralization, not just at the historically estimated areas of Copper Mountain, but also at entirely new targets identified through our successful geophysics programs and subsequent ground truthing. We also hope that Phase II, once complete, will provide support for a compelling current mineral resource estimate."
Mr. Lamb continued: "Beyond Phase II drilling, Myriad has a fast-moving and exciting 12 months ahead.
Our merger with Rush is in the final steps of completion and will consolidate 100% ownership of Copper Mountain. This will have many benefits, including increasing our market cap, attracting institutional investor interest, simplifying operational decision-making, and broadening access to financing.We plan to uplist to a major U.S. exchange.8VC-backed Subatomic will be advancing the Red Basin, NM project, in which we hold a 10% free carried interest (release here). Exploration of our Breccia Pipe Project in Arizona, which includes the Wate Pipe's high grade historical resource estimate, will commence (release here)."
Figure 1: Target positions relative to the Bendix Assessment area.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6301/303712_caea8a6de484c9fa_002full.jpg
Nasco Industrial Services and Supply (NISS) has deployed a Boart Longyear LF90D surface diamond core drill rig to Copper Mountain. The LF90D is a powerful, highly mobile surface diamond core drill rig known for its deep coring capacity and reliable hydraulic systems. It features a telescopic mast designed for both 3-metre (10 ft) and 6-metre (20 ft) rod pulls (Figure 2).
Figure 2: The Boart Longyear LF90D surface diamond core drill rig tramming to the project area at Copper Mountain.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6301/303712_caea8a6de484c9fa_003full.jpg
Lucky Cliff
Lucky Cliff is located about 2000 metres (6,500 feet) north of the Canning deposit, along the Myrtle's Fault trend. The target area was selected by Union Pacific as a drill target on the basis of favourable geological and geochemical criteria. Several strong N45°E structural trends are present, and the associated rock types are similar to those found at other mineralized occurrences in the project area. A close-spaced (500-foot center) stream sediment sampling program undertaken by Union Pacific identified several highly anomalous (to 118 ppm) zones, and follow-up work was designed to test these anomalies. Ground-truthing of radiometric anomalies by Myriad following the helicopter survey completed late last year identified one point above the target area with a surface measurement of 193.2 ppm eU, using a calibrated RS-230 Handheld Gamma-Ray Spectrometer. Handheld spectrometer readings are preliminary and indicative only, may be affected by environmental and geometric factors, are not assay results and may not be representative of uranium concentrations in rock samples.
At least twenty holes were drilled by Union Pacific in the late 1970s. At least 10 holes intersected mineralisation in excess of 100 ppm eU3O8 from depths as shallow as 20 ft (6 m). LK-9 intersected 355 ft of 0.027% eU3O8 starting at 59 ft (including 207 ft of 0.032% eU3O8). LK-11 intersected 31 ft of 0.020% at 21.5 ft and 59.5 ft of 0.025% at 83.5 ft. Other intersections in this target area included 15.5 ft of 0.055% eU3O8 at 55 ft in hole LK-10. Higher grades are associated with a mafic dyke intruding the main fault zone through the target area. There is no historic resource estimate for Lucky Cliff. Reported widths are historical downhole widths and true widths are unknown. Equivalent ("e") uranium grades were determined by AEC gamma probes using appropriate calibration factors. No original assay certificates or complete QAQC records have been reviewed by the Company or the Qualified Person for these historical drill results.
Figure 3: Planned drilling at Lucky Cliff. The purple shaded areas represent anomalous surface uranium measurements from Myriad's recent helicopter radiometric survey.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6301/303712_caea8a6de484c9fa_004full.jpg
Copper Mountain Exploration Target
In 1982, Bendix Field Engineering Corp. ("Bendix") identified an exploration target of 245 to 655 Mlbs eU3O8 contained within 1,111 Mt to 2,971 Mt (at 100 ppm eU3O8) and 222 Mt to 594 Mt (at 500 ppm eU3O8). This was based on previous exploration on the property by Union Pacific Corp. and Bendix own work, including data from over 1,370 historic drill holes. The exploration target and methodology were detailed in two reports by Bendix titled "An Exploration Systems Approach to the Copper Mountain Area Uranium Deposits, Central Wyoming (September 1982)" and "Copper Fountain, Wyoming, Intermediate-Grade Uranium Resource Assessment Project Final Report (September 1982)", respectively. The exploration target potential was derived from geologic reconnaissance and geochemical, geophysical, petrologic, borehole, and structural data interpretations that were used to develop a genetic model for uranium mineralization in these environments. Development of a structural scoring system and application of models in a high-confidence control area established the basis for estimations of the uranium target in the total assessment area covering approximately 39.6 square miles. The volume of the modeled areas determines the potential tonnage statement in the exploration target. The grade range given in the exploration target is determined with consideration to the drill results within the modeled exploration target area and consideration of the geological setting in an established exploration camp. The potential tonnages and grades are conceptual in nature and are based on previous drill results that defined the approximate length, thickness, depth and grade of the portion of the historic mineral resource estimate. There has been insufficient exploration to define a current mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource. Further details are available in the current NI 43-101 Technical Report.
Historical Resource Estimates
The historically estimated resources totalling 26.6 Mlbs eU3O8 contained in 44.1 Mt at an average grade of 171 ppm eU3O8 (using 100 ppm cut-off) were compiled from internal progress reports produced by Union Pacific subsidiary, Rocky Mountain Energy Company. In particular, a report titled "Copper Mountain Exploration Project Report" prepared by Southard, G.G., et. al., (1979) for Rocky Mountain Energy Company. The estimates were completed using polygonal methods based on modelled mineralization geometries. The historic resources were classified as Inferred and Indicated using U.S. Bureau of Mines categories at the time and do not necessarily correspond with the resource categories defined by current NI 43-101 definitions and guidelines. Details of the historical resource estimates are available in the current NI 43-101 Technical Report.
While Myriad Uranium has determined that the historical estimates described in this news release are relevant to the Copper Mountain Project Area and are reasonably reliable given the authors and circumstances of their preparation, and are suitable for public disclosure, readers are cautioned to not place undue reliance on these historical estimates as an indicator of current mineral resources or mineral reserves at the Project Area. A qualified person (as defined under NI 43-101) has not done sufficient work to classify any of the historical estimates as current mineral resources or mineral reserves, and Myriad Uranium is not treating the historical estimates as a current mineral resource or mineral reserve. Also, while the Copper Mountain Project Area contains all or most of each deposit referred to, some of the resources referred to may be located outside the current Copper Mountain Project Area. Furthermore, the estimates are decades old and based on drilling data for which the logs are, as of yet, predominantly unavailable. The historical resource estimates, therefore, should not be unduly relied upon.
Inherent limitations of the historical estimates include that the nature of mineralization (fracture hosted) makes estimation from drill data less reliable than other deposit types (e.g. those that are thick and uniform). From Myriad Uranium's viewpoint, limitations include that the Company has not been able to verify the original data itself and that the estimates may be optimistic relative to subsequent work which applied a "delayed fission neutron" (DFN) factor to calculate grades. On the other hand, DFN is controversial, in that the approach is viewed by some experts as too conservative. Nevertheless, it was applied in later resource estimations by Union Pacific relating to Copper Mountain. To verify the historical estimates and re-state them as current resources, a program of re-drilling is required to generate new data that can be used to establish the correlation and continuity of geology and grades between boreholes with sufficient confidence to estimate mineral resources.
Qualified Person
The scientific and technical information in this news release has been reviewed and approved by George van der Walt, MSc., Pr.Sci.Nat., FGSSA, a "Qualified Person" as defined under NI 43-101. Mr. van der Walt is a Principal Consultant with The MSA Group (Pty) Ltd, an independent consultancy. A Qualified Person has not done sufficient work to verify historic exploration results or to classify the historical estimates referred to in this news release as current mineral resources or mineral reserves, and Myriad is not treating such historical estimates as current mineral resources or mineral reserves.
About Myriad Uranium Corp.
Myriad Uranium Corp. holds a 75% interest in the Copper Mountain Uranium Project in Wyoming, USA, with a definitive agreement in place to acquire the remaining 25% via the acquisition of Rush Rare Metals Corp. Copper Mountain hosts multiple historic uranium deposits and past-producing mines, including the Arrowhead Mine (approximately 500,000 lbs U₃O₈ produced). Union Pacific conducted extensive exploration and development in the district during the late 1970s, including approximately 2,000 boreholes and advanced mine planning, before the uranium market downturn in 1980. Union Pacific is estimated to have invested approximately C$125 million (2026 dollars) in the project, generating significant historical resource estimates.
A news release detailing a comprehensive assessment of Copper Mountain's uranium endowment by Bendix Engineering for the US Department of Energy published in 1982 can be viewed here.
Myriad holds a 10% free carried interest in the Red Basin Uranium Project, recently sold to 8VC- and Overmatch-backed Subatomic Industries. Red Basin carries significant historical resource estimates from extensive drilling by Occidental Oil in the late 1970s, and also hosts vanadium, which has been designated a strategic and critical mineral by the U.S. government. Note the caution on historical estimates below.
Myriad's 100%-owned Breccia Pipe Project in Arizona comprises at least 23 breccia pipes that are prospective for uranium and REEs. One of the pipes, the Wate Pipe, was previously owned and explored by Energy Fuels and is the subject of a historical resource estimate. The Breccia Pipe Project has been optioned to Wedgemount Resources (release here).
Note: A qualified person has not done sufficient work to classify the Copper Mountain, Red Basin, and Breccia Pipe Project historical estimates as current mineral resources or reserves and Myriad is not treating historical estimates as current resources or reserves. Myriad intends to conduct further work to determine whether the historical estimates can be verified and, if appropriate, supported by current mineral resource estimates.
Forward-Looking Statements
This news release contains "forward-looking information" that is based on the Company's current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, the Company's business, plans, outlook and business strategy. The words "may", "would", "could", "should", "will", "likely", "expect", "anticipate", "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward-looking information. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect, including with respect to the Company's business plans respecting the exploration and development of the Company's mineral properties, the proposed work program on the Company's mineral properties and the potential and economic viability of the Company's mineral properties. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: inability to verify historical data, no assurance of defining mineral resources, permitting, drilling delays and changes in economic conditions or financial markets; increases in costs; litigation; legislative, environmental and other judicial, regulatory, political and competitive developments; and technological or operational difficulties. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully, and readers should not place undue reliance on such forward-looking information. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable law.
The CSE has not reviewed, approved or disapproved the contents of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303712
Source: Myriad Uranium Corp.
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Analytik UBS Karl Keirstead označil Palantir za podhodnocený a tvrdí, že jeho systémy nemají přímou konkurenci. Firma zároveň zvýšila celoroční výhled tržeb na 7,66 miliardy USD.
There's no denying the potential for artificial intelligence (AI) to alter the technology landscape in ways that we don't yet comprehend. These sophisticated algorithms are being used to automate tasks, analyze data, and even write computer code -- all of which promise to make businesses more efficient. Unfortunately, there's no consensus on the best way to implement AI, particularly for managers seeking the best return on their investment.
Investors are equally divided. On one side of the argument are those concerned that rising valuations of some AI stocks will hamper future returns, while the other camp argues that exceptional returns should command premium valuations.
One company that epitomizes this tug-of-war is Palantir Technologies (PLTR +7.84%). The company has emerged as one of the leading providers of AI systems that extract siloed information, delivering data-informed solutions to company-specific business problems.
One analyst has just crunched the numbers and concluded that Palantir is undervalued.
Image source: Getty Images.
Context is key The popular narrative is that Palantir is overvalued, and it's easy to understand why. The stock has a price-to-earnings (P/E) ratio of 131. For comparison, the S&P 500 (SNPINDEX: ^GSPC) has a multiple of 32. It's important to note that the P/E ratio offers a way to evaluate the stock price relative to the company's profits. However, since it is a backward-looking metric, it tends to struggle with companies that are growing profits quickly.
Such is the case with Palantir. In the first quarter, its revenue grew 85% year over year to $1.63 billion. This marked the fastest year-over-year growth rate thus far and the 11th consecutive quarter of accelerating revenue growth. Moreover, the company's expanding operating margin -- at 46% and growing -- sent more profits to the bottom line, driving Palantir's earnings per share (EPS) up 325% to $0.34, up from $0.08 in the prior-year quarter.
Given Palantir's accelerating growth as context, it's easy to see why the commonly used P/E ratio falls flat.
What Wall Street is saying Palantir recently held its AIPCon -- the company's customer-focused technology conference that uses real-world case studies to demonstrate the utility of its AI systems. More specifically, it highlights the benefits of ontology, Palantir's process for mapping its AI systems to siloed company data and physical operations. In doing so, the system taps a company's own data to create decision-making matrices, automate supply chains, optimize manufacturing operations, and much more.
UBS analyst Karl Keirstead attended AIPCon, interacting with Palantir's customers and their company executives, and believes investors' simplistic evaluations don't do Palantir justice. The analyst noted that the "complexity and depth" of its systems have no real competition.
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At the heart of his bullish take is that Palantir's offerings go far beyond "large language model (LLM) deployment, data ingestion, and semantic layers." Customers Keirstead spoke to said no LLM can replace Palantir for data workloads. One even suggested that AIP's ability to integrate deeply with complex systems and turn AI-driven insights into real-world solutions gives Palantir a "five-year moat."
Finally, the analyst said that at 46 times its 2027 estimated free cash flow (emphasis mine), "we believe Palantir shares are undervalued relative to medium-term growth."
I believe the analyst hit the nail on the head. Palantir recently raised its full-year forecast and is now guiding for revenue of $7.66 billion, which would represent year-over-year growth of 131%, driving adjusted operating income of $2.25 billion, an increase of 97%. Management is also guiding for free cash flow of $4.3 billion at the midpoint of its guidance, or growth of 89%.
My go-to metric for high-growth companies is the price/earnings-to-growth (PEG) ratio, which adjusts the P/E ratio for a company's expected earnings growth. This provides insight into whether a premium stock price is warranted. Palantir returns a multiple of 0.46, when any number less than 1 suggests a stock is undervalued. This metric supports the analyst's view.
If the analyst is right -- and I believe he is -- then Palantir has no real competition, and concerns about its premium valuation are unjustified. That said, the stock simply may not be for everyone.
Check Point uvedl, že kritické zranitelnosti tvořily 42,6 % všech kritických zranitelností, tedy více než dvojnásobek oproti loňsku. Jen 7,8 % alertů si po ověření zasloužilo urgentní zásah.
Under Pressure: The 2026 Exposure Gap Report reveals that as AI-driven attacks compress the window to respond, the defining security capability is no longer detection, it is knowing which exposures can actually be exploited
, /PRNewswire/ -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader in cyber security solutions, today released Under Pressure: The 2026 Exposure Gap Report, which finds that the proportion of critical vulnerability exposures more than doubled over the past year, even as fewer than one in twelve proved urgent enough to require immediate action.
Automation and AI-assisted attack tools are reshaping both the scale and pace of exposure. Threat actors can now test exposed systems, credentials, phishing infrastructure, and known weaknesses across more organizations and at greater speed than manual triage can match. The result is a widening exposure gap, the distance between visibility, prioritization, and safe remediation, and a shorter window for defenders to act before exposure becomes impact.
Key findings from the 2026 Exposure Gap Report:
Vulnerabilities surged: 42.6% of all critical exposures were vulnerabilities, more than double the 18.7% recorded a year earlier, making them the single largest category of critical exposure in 2026. The prioritization gap: Only 7.8% of vulnerability alerts warranted Critical or High attention after exploitability validation, meaning more than 90% did not require the same immediate remediation focus. Risk concentration: 76% of all critical exposures came from just two categories, vulnerabilities and internal information disclosure, concentrating risk around exploitable weaknesses and exposed information assets. Phishing on the rise: Phishing websites grew to 10.5% of critical exposures, up sharply from 1.0% a year earlier, one of the fastest-growing exposure types of the year. Action at scale: Organizations acted on 85.9% of recommended fixes across the industries analyzed, showing that exposures are being closed at scale when prioritization and response workflows are in place. "Attackers are now testing more exposures, across more organizations, at greater speed than security professionals can manually keep pace with. The organizations that stay ahead are the ones that can quickly separate the small set of genuinely exploitable risks from the noise, then remediate them safely without disrupting operations. That is what exposure management delivers, and it is fast becoming a core measure of operational readiness," said Yochai Corem, VP and General Manager of Exposure Management at Check Point Software Technologies.
The report also shows that fast, safe remediation is achievable. A meaningful share of organizations resolved critical exposures within one hour, led by Utilities at 30%, and the fastest sector posted a median remediation time of just 12.6 hours, evidence that even sensitive, high-stakes environments can close exposures quickly.
Exposure profiles varied sharply by sector. Vulnerabilities dominated in Utilities and Government, accounting for 78.2% and 56.4% of critical exposures respectively, while internal information disclosure led in healthcare at 63.6% and Financial Services at 42.7%. Healthcare proved the most challenging environment, recording the slowest median remediation time at 158.8 hours despite a strong fix-implementation rate, reflecting the constraints of legacy systems, clinical uptime requirements, and change control. These differences underline why exposure management priorities must be tailored by industry.
Check Point Exposure Management connects discovery, evidence-based prioritization, exploitability validation, control assessment, and safe remediation in a single workflow, helping organizations close the exposure gap before attacker opportunity becomes business impact.
Under Pressure: The 2026 Exposure Gap Report was unveiled today at Check Point Engage in Paris. The full report is available to download at Exposure Management Gap Report - Check Point Exposure Management.
Follow Check Point on LinkedIn, X, Facebook, YouTube and our Corporate Blog.
About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (www.checkpoint.com) is a pioneer and global leader in cyber security solutions, protecting more than 100,000 organizations worldwide. Its mission is to secure enterprises' AI transformation. With a prevention-first approach and an open ecosystem architecture, Check Point helps organizations block advanced threats, prioritize exposures, and automate security operations across complex digital environments. The unified architecture simplifies protection across hybrid networks, multi-cloud environments, digital workspaces, and AI systems. Structured around four strategic pillars, Hybrid Mesh Network Security, Workspace Security, Threat Exposure Management, and AI Security, Check Point delivers consistent protection and visibility across multivendor environments, enabling organizations to reduce risk, improve efficiency, and accelerate innovation without increasing complexity.
Notes to Editors: Q&A
What is the 2026 Exposure Gap Report?
Under Pressure: The 2026 Exposure Gap Report is Check Point Software Technologies' research study into how organizations discover, prioritize, and remediate security exposures. It was released on July 2, 2026, and unveiled at Check Point Engage in Paris.
What is the "exposure gap"?
The exposure gap is the distance between visibility, prioritization, and safe remediation — the gap between when a security exposure becomes known and when it is actually fixed. As AI-assisted attacks accelerate, that window is shrinking.
What did the report find about critical vulnerabilities?
Vulnerabilities made up 42.6% of all critical exposures in 2026, more than double the 18.7% recorded the year before, making them the single largest category of critical exposure.
How many vulnerability alerts actually require urgent action?
Only 7.8% of vulnerability alerts — fewer than 1 in 12 — warranted Critical or High attention after exploitability validation. More than 90% did not require immediate remediation focus.
What are the biggest sources of critical exposure?
76% of all critical exposures came from just two categories: vulnerabilities and internal information disclosure.
Is phishing a growing exposure category?
Yes. Phishing websites grew to 10.5% of critical exposures in 2026, up sharply from 1.0% the year before — one of the fastest-growing exposure types measured.
Are organizations able to keep up with remediation?
Yes. Organizations acted on 85.9% of recommended fixes across the industries analyzed, showing exposures can be closed at scale with the right prioritization and workflows in place.
How fast can organizations remediate critical exposures?
The fastest sector posted a median remediation time of 12.6 hours. Utilities led in same-hour resolution, with 30% of critical exposures resolved within one hour.
Which industry is slowest to remediate, and why?
Healthcare recorded the slowest median remediation time, at 158.8 hours, despite a strong fix-implementation rate — reflecting legacy systems, clinical uptime requirements, and change control constraints.
What does Check Point recommend organizations do?
Move from detection-first to exposure-first security: validate which exposures are genuinely exploitable, prioritize based on evidence rather than alert volume, and remediate safely without disrupting operations.
What is Check Point Exposure Management?
A capability within Check Point's Exposure Management pillar that connects discovery, evidence-based prioritization, exploitability validation, control assessment, and safe remediation in a single workflow.
Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding our products and solutions, our expectations regarding future growth, the expansion of Check Point's industry leadership, the enhancement of shareholder value and the delivery of an industry-leading cyber security platform to customers worldwide. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 31, 2026. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.
Super Micro uvedl, že dva zaměstnanci jeho tchajwanské divize byli zadrženi v rámci vyšetřování údajného nelegálního vývozu AI serverů s čipy Nvidia do Číny. Další dva byli propuštěni na kauci.
Super Micro Computer (SMCI) logo is seen in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
SummaryCompaniesU.S.-listed Super Micro says two Taiwan employees detained in a probe regarding sale of its AI productsSuper Micro says two other Taiwan staff released on bailTaiwanese prosecutors are investigating the alleged illegal export to China of advanced AI serversTAIPEI, July 2 (Reuters) - Super Micro (SMCI.O), opens new tab said on Wednesday that two workers at its Taiwan unit had been detained pending a court hearing and two others released on bail after being questioned by Taiwanese prosecutors investigating the alleged illegal export of advanced AI servers containing Nvidia (NVDA.O), opens new tab chips.
The servers are made by Super Micro and contain Nvidia chips, which are subject to U.S. export controls prohibiting export to China.
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The four workers were among six people questioned earlier this week when Taiwan's Keelung District Prosecutors' Office said it had launched a second round of searches in the probe.
The six people were questioned over alleged document forgery and breach of trust, it said, adding searches were conducted at 12 locations, including the homes of six suspects and the offices of three companies.
The companies searched were Super Micro Taiwan, Albatron Technology (5386.TWO), opens new tab, Super Micro's distributor in Taiwan, and Chief Telecom (6561.TWO), opens new tab, a data centre operator.
In a letter to customers issued in the United States on Wednesday, Super Micro Chief Revenue Officer Matthew Thauberger said the four employees had been questioned on June 29 in connection with what he described as a Taiwanese investigation regarding the company's sale of products to a technology company in Taiwan.
"Two of the four employees have been detained pending a hearing, and the other two have been released on bail," Thauberger wrote in the letter.
"Super Micro is not a target of this investigation," he said, adding that the company had been working with Taiwanese authorities for several months.
Thauberger said the company had provided Taiwan authorities access to the employees' desks and electronic devices and had immediately placed all four employees on administrative leave, pending the outcome of the investigation.
In May, Taiwanese prosecutors launched the first round of the investigation, detaining three people suspected of illegally exporting Super Micro's high-end AI servers, equipped with the Nvidia chips. Those three remain in detention.
In a statement issued in May, Super Micro said it had been cooperating with Taiwan authorities in an investigation into the alleged diversion of its AI servers to the restricted Chinese market. The cooperation had led to the seizure of 50 servers, the company said, adding that they had been deceptively acquired after being sold to an authorised reseller.
In March, the U.S. Justice Department charged three people associated with Super Micro, including one of its co-founders, with helping smuggle at least $2.5 billion worth of U.S. AI technology to China in violation of U.S. export laws.
Semiconductor powerhouse Taiwan is the world's largest producer of advanced chips used in AI applications.
Taiwan has tightened export controls in recent years to prevent advanced technology and know-how from reaching China, which claims the democratically governed island as its own territory despite Taiwan's strong objections.
Reporting by Wen-Yee Lee; Editing by Anne Marie Roantree and Michael Perry
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Cognizant a Domyn oznámily partnerství pro dodávky řešení suverénní AI regulovaným firmám v EMEA. Cílem je bezpečné nasazení AI on-premise nebo v privátním cloudu při zachování kontroly nad daty.
Partnership combines Domyn's chip-to-application sovereign AI infrastructure with Cognizant's enterprise integration expertise and EMEA industry reach, enabling regulated organisations to deploy AI securely on-premise and within sovereign environments
, /PRNewswire/ -- Cognizant (NASDAQ: CTSH) and Domyn, the European leader in sovereign AI infrastructure for regulated industries, have announced a strategic partnership to bring sovereign AI capabilities to enterprises across the EMEA region. The partnership will help organisations in highly regulated sectors deploy powerful AI solutions that keep data within client-controlled environments and support compliance with European regulatory frameworks.
Domyn's end-to-end AI system — spanning compute, proprietary models, governance, and agents —is purpose-built for exactly this challenge, and Cognizant's role as an AI Builder and trusted global systems integrator, with deep EMEA enterprise relationships, makes it the ideal partner to bring these capabilities to scale.
Under the partnership, Domyn will provide the AI infrastructure layer, delivering LLMs that can be deployed within client environments, on-premise or in private cloud configurations, while Cognizant will serve as the application, integration, and domain execution layer. Cognizant will train and adapt Domyn's models into smaller, domain-specific models (SLMs), build agents and applications tailored to specific industry use cases, and manage the legacy data pipeline construction, data cleaning, and model-alignment work required for enterprise deployment. Together, the companies will execute a joint go-to-market strategy targeting organisations across UK & Ireland, DACH, Northern Europe, and Southern Europe and the Middle East.
For enterprise customers, the partnership unlocks a fully integrated sovereign AI proposition. Organisations gain access to cutting-edge AI models and infrastructure without sacrificing control over their data, while benefiting from Cognizant's proven ability to manage complex enterprise change, embed human-in-the-loop compliance frameworks, and deliver measurable business outcomes at scale. As per Gartner®, "Geopolitics is the key driver behind the demand for true sovereign AI solutions and services, which has a negative impact on global cloud providers offering AI services, such as hyperscale cloud providers. Considering the current geopolitical situation, local cloud providers offering AI services will increasingly become relevant competitors and will grow market share." By 2029, geopolitics will drive 50% of cloud AI workloads to sovereign cloud AI deployment models, up from 5% in 2025.1
"Sovereign AI is one of the most significant growth opportunities in EMEA, and one where Cognizant is uniquely positioned to lead," said Manoj Mehta, President, EMEA, Cognizant. "Regulated organisations across Europe need AI that delivers transformational outcomes without compromising on data sovereignty, regulatory compliance, or security. Our partnership with Domyn brings together world-class AI infrastructure and Cognizant's deep expertise in turning that infrastructure into real, industry-specific solutions. Together, we are giving enterprises the confidence to move fast on AI - on their terms and within their borders."
"The next wave of AI in Europe will be won by those who own and control the intelligence at the heart of their business," said Uljan Sharka, CEO at Domyn. "With Cognizant's extensive industry relationships across EMEA, we'll be able to scale our vision and give the most demanding institutions the foundation to move decisively on AI, and truly own the intelligence they're building on."
The partnership aligns with Cognizant's three-vector AI Builder strategy — enabling hyper productivity, industrialising AI, and agentifying the enterprise — bringing more than 60 AI patents, 1,500-plus industry-specific agents, and a dedicated AI Lab across San Francisco and Bengaluru. It also represents an important step in Domyn's mission to help regulated enterprises own, govern and trust the intelligence powering their most critical workflows, with the partnership initially focused on customers across EMEA.
About Cognizant
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
About Domyn
Domyn develops responsible AI for regulated industries, across financial services, government and heavy industry. It supports enterprises with proprietary, fully governable solutions, based on a composable AI architecture, including Large Language Models and domain-specific AI Agents. The company is building one of the largest AI Supercomputers in Regulated Industries in partnership with NVIDIA and the UAE.
1 Gartner, AI Vendor Race: True Sovereign AI Will Define Winners and Losers in the Cloud AI Race by Rene Buest, Fernando Pereiro, 24 February 2026. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
Symbotic oznámila akvizici britské společnosti ARMS Innovations, aby rozšířila automatizaci skladů o umělou inteligencí řízenou provozní inteligenci v reálném čase. Cílem je propojit stroje i lidské workflow a zlepšit výkon i dobu provozu.
Transaction expands Symbotic’s solution from automation execution to full-scale, AI-powered operational intelligence across the entire warehouse ecosystem
Unifies automated systems and human workflows to enable seamless operations in highly complex environments with reduced downtime and improved performance
WILMINGTON, Mass., July 02, 2026 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced the acquisition of ARMS Innovations Ltd. (ARMS), a UK-based software company specializing in real-time operational intelligence solutions for complex automated warehouse environments. The acquisition marks a significant strategic milestone in Symbotic’s mission to transform supply chain operations by advancing a new industry category: Warehouse Operations Optimization.
By integrating ARMS’s advanced software capabilities, the Symbotic System will expand beyond industry-leading automation into a comprehensive, real-time operational solution that unifies and optimizes every element of warehouse performance – across both automated systems and human workflows.
Advancing a New Industry Category
With the addition of ARMS, Symbotic is spearheading a new industry category with a greater scope than traditional warehouse management (WMS) or warehouse execution systems (WES): enterprise-level Warehouse Operations Optimization. The acquisition will enable Symbotic to extend its capabilities from executing automated tasks to managing and orchestrating entire warehouse environments. It expects the combined solution to function as a true “operational nervous system,” delivering end-to-end visibility and control across all activities, including predicting maintenance needs, identifying disruptions in real time, and dynamically managing complex workflows.
“By combining Symbotic’s automation leadership with ARMS’s proven operational intelligence software, we are taking a major step forward in our vision of delivering a fully integrated, intelligent supply chain platform,” said Rick Cohen, Chairman and CEO of Symbotic. “With this acquisition, we can help customers accelerate the transformation of their distribution centers into smart, highly synchronized ecosystems designed to maximize productivity and uptime.”
AI-Powered Orchestration of People, Robots, and Workflows
The ARMS technology is a tested, proven solution designed to meet complex real-world operational challenges. ARMS’s software introduces a powerful layer of AI-driven warehouse operations orchestration that seamlessly coordinates people, robotics, and workflows. The solution dynamically matches tasks with the right resources – whether human or machine – based on skills, availability, and operational needs.
The system identifies who is on-site, what skills they possess, and where they are needed most. When issues arise, the technology goes beyond simple alerts: it diagnoses the problem, assigns the appropriate personnel, orders parts if needed, and manages the resolution process in real time. This helps transform operations from reactive troubleshooting to synchronized execution, enabling customers to optimize individual facilities and – ultimately – to standardize new levels of operational excellence across entire logistics networks.
“ARMS was built to solve the realities of complex automated warehouse environments, with a focus on driving continuous improvement in customers’ operations while reducing costs,” said Walt Odisho, Chief Manufacturing & Supply Chain Officer at Symbotic. “We look forward to scaling that proven expertise and bringing further transformative capabilities to organizations worldwide.”
The acquisition strengthens Symbotic’s ability to serve highly complex environments that demand continuous visibility and agile decision-making, including micro-fulfillment centers and floor-loaded inbound logistics operations. With the ARMS technology, Symbotic’s solution will be positioned to provide real-time awareness of every critical component, enabling centralized command centers to manage the demands of today’s warehouse and e-commerce environments at scale, and with unprecedented precision.
ABOUT SYMBOTIC
Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. Symbotic reinvents the warehouse as a strategic asset for the world’s largest retail, wholesale, food & beverage, and medical supply distribution companies. Applying next-generation technology, high-density storage and machine learning to solve today's complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. As the backbone of commerce Symbotic transforms the flow of goods and the economics of the supply chain for its customers. For more information, visit www.symbotic.com.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events, backlog, or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words “will,” “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” or “intends” or similar expressions. These forward-looking statements include, but are not limited to, statements about Symbotic’s acquisition of ARMS Innovations and new industry category, Warehouse Operations Optimization. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. Certain of these risks are identified and discussed in Symbotic’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on November 24, 2025. These forward-looking statements are expressed in good faith, and Symbotic believes there is a reasonable basis for them. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made and are based on the beliefs, estimates, expectations and opinions of management on that date. Symbotic is not under any obligation, and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports that Symbotic has filed or will file from time to time with the SEC.
Amazon vyvíjí vlastní AI čipy pro klíčová zařízení, včetně Echo Show 8, Echo Show 11 a Fire TV. Nové AZ3 a AZ3 Pro mají spouštět modely přímo v zařízení místo v cloudu.
Amazon is focusing on building chips for its "critical" consumer devices, the company's top hardware executive told CNBC.
In a wide-ranging interview on CNBC's "The Tech Download" podcast, Panos Panay, the head of devices and services at Amazon, discussed, for the first time, the company's approach to semiconductors in its own hardware and how it's experimenting with different types of AI-enabled gadgets.
"We do make our own end-to-end silicon for the devices that we ship," Panay said.
He said Amazon's custom silicon is in devices such as the Echo Show 8, Echo Show 11 and Fire TV.
In October, Amazon unveiled the AZ3 and AZ3 Pro chips designed to run AI models on-device rather than in the cloud. Many device makers see locally run AI as faster and more secure.
Some hardware makers like Apple design their own chips, which can give a consumer electronics company more control over the integration of hardware and software.
"On some of the more critical devices right now, our focus is end-to-end silicon, because to your point, if you really want that hardware and software connection ... and if we're going to go deliver this ambient experience in the home for people in the most secure way, we definitely need to think about how that end-to-end delivery of hardware comes together," Panay said.
Panay added that the company still also uses chips from companies like Qualcomm.
For Amazon, the focus on custom chips is part of its broader push to improve AI on devices.
Amazon launched Alexa+ for general availability in the U.S. this year. Alexa+ is a souped-up version of Amazon's digital assistant, which can handle more complex queries and tasks. Alexa+ can learn context and user patterns. Amazon has a range of hardware from Ring doorbells to Echo Devices and Fire TV. Alexa+ is intended to help users tie all their Amazon products together.
What Panos Panay said about future AI gadgetsAs Amazon's digital assistant gets advanced capabilities, Panay said he was thinking about how users will interact with devices and what that means for future gadgets.
"I think we might be moving away from a world of apps and screens," Panay said, adding that "conversation and context" will be more important for AI assistants.
Asked what kind of gadgets the company was working on, Panay said: "When you think about the future of AI devices, you got to be super skeptical right now for anyone who tells you they know what they are. I have a lab full of devices."
Last month, Qualcomm CEO Cristiano Amon told "The Tech Download" that the company was working on 40 new AI-powered devices as consumer electronics companies look for the next big hit after the smartphone.
Alexa+ will continue to compete with offerings from ChatGPT with OpenAI and Google Gemini which are also going after the consumer experience. Google is using the reach of the Android operating system to acquire more users, while companies like Samsung are building a lot of their AI features on Gemini models.
For Amazon, Alexa+ is a way for the company to lock users into its own ecosystem of devices and e-commerce.
Last year, Amazon made a major foray into wearables when it acquired Bee, a company that makes $49.99 wristbands that can understand voice and create lists, answer questions and draft notes.
Panay said there is a "whole roadmap of on-the-go devices." The executive described these devices as gadgets that people carry with them, that collect data and that people talk to.
"So when you are back in the home or when you are at work, that connection stays consistent and contextual," Panay said.
He added that "you won't have to wait long" for an Amazon product like this.
ICE a NATIVX plánují spustit futures na GPU compute navázané na COIL Index, který sleduje tokenizovaný a energeticky normalizovaný compute. Kontrakty budou denominovány v USD a hotovostně vypořádány.
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, and NATIVX, the public exchange for compute, today announced plans to launch GPU compute futures contracts based on NATIVX's COIL Index, which tracks the price of tokenized, energy-normalized compute and connectivity.
"Driven by the transformative force of AI, compute has quickly become an important asset class and is uniquely situated to benefit from the additional pricing transparency and risk management that comes from futures markets," said Trabue Bland, SVP of Futures Markets at ICE. "The new contracts will offer price discovery for customers globally through a hedgeable index that will benefit from trading alongside ICE's natural gas and power futures contracts."
COIL is designed to track tokenized GPU compute prices in an energy-normalized index that is built around maximizing constituent capacity. It reflects compute and connectivity, normalized to one stable unit and auditable at every step. The new futures contracts will be U.S. dollar denominated and cash-settled.
"AI's continued growth depends on turning compute from a fragmented, unpredictable operating cost into transparent and manageable market infrastructure,” Cole Crawford, Founder and Chairman of NATIVX. “Compute is now an asset class, and like every asset class, it needs a public price and a market. By combining our energy-normalized index with ICE's global futures marketplace, we're giving the world's largest new commodity the transparent and regulated venue it has been missing."
GPU compute and energy are deeply intertwined — power represents a significant input cost in running large-scale compute infrastructure, and fluctuations in electricity prices directly impact the economics of AI workloads. By normalizing compute prices to a consistent energy unit, the COIL Index strips out the noise introduced by regional power cost disparities, giving market participants a clearer basis for comparison.
Listing these contracts alongside ICE's established power and natural gas futures creates a uniquely integrated hedging environment where operators and consumers of compute can manage their GPU exposure in the same venue where they already hedge their underlying energy costs, while energy market participants gain a direct window into one of the fastest-growing sources of electricity demand in the world.
The contracts are expected to be launched later this year, subject to completion of relevant regulatory processes.
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.
About NATIVX
NATIVX is the public market for compute and connectivity, the exchange where capacity is priced, traded, and settled against the COIL Index. Based in San Juan, Puerto Rico, NATIVX publishes the COIL index, including its COIL-T (training), COIL-I (inference), COIL-G (graphics), and COIL-CO (connectivity) sub-indices, and operates the exchange on technology licensed from Synova Global. Learn more at NATIVX.exchange.
About Synova Global
NATIVX is built on technology licensed from Synova Global, its underlying technology provider. Synova Global develops the core index, exchange, and settlement technology; NATIVX publishes the COIL index and operates the public exchange on that licensed foundation.
CoStar Group spustila ve Francii platformu CoStar a nabídne tam data, analytiku a tržní informace pro komerční nemovitosti. Cílí na trh s odhadovanou hodnotou 300 miliard €.
Empowering investors, brokers, owners, and occupiers with the data and analytics needed to succeed in France’s estimated €300 billion commercial real estate market
PARIS--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), an S&P 500 company and the global leader in real estate marketplaces, information, analytics and 3D digital twin technology today announces the official launch of the CoStar platform in France – bringing its commercial real estate intelligence platform to one of Europe’s largest markets. The launch builds on CoStar Group’s acquisitions of BureauxLocaux and Business Immo and significant investment in local proprietary research to create one of the most comprehensive commercial property databases ever built for the French market.
For the first time, investors, brokers, owners, corporate occupiers, and lenders in France can use a single platform to access curated property records, live availabilities, verified sale/lease comparables, exclusive industry news and real-time market analytics built from the ground up for the French market.
The launch was made possible by CoStar Group’s investment of more than $5 billion in proprietary data and technology over four decades to build a proprietary global database that is unmatched in the industry. Globally, the CoStar platform draws on:
9 million properties tracked 8 million commercial tenants and 2 million owners connected to properties 7 million lease activities and 5 million sales comparables 15,000 analytical reports covering markets and submarkets Industry news articles linked directly to properties and people. From launch in France, CoStar will deliver one of the most comprehensive commercial real estate datasets in France spanning office, logistics, and hospitality sectors across the country’s major metropolitan areas – including Greater Paris, Lyon, and Marseille. CoStar clients immediately benefit from more than 290,000 properties tracked, 385,000 commercial tenants, 90,000 availabilities, 75,000 lease activities and sales comparables, over 134 market and submarket analytical reports, and market-leading real estate news.
“France is one of the most important real estate markets in the world, and we are delighted to bring to France the same platform that has transformed how commercial real estate is transacted in the United States, the United Kingdom and Canada. French brokers, investors, owners and occupiers will now be able to source opportunities faster, underwrite more robustly and make decisions with greater confidence,” said Andy Florance, Founder and CEO of CoStar Group. “Commercial real estate operates across borders, and CoStar’s subscriber base of over 320,000 CRE professionals around the world will now find it easier to evaluate opportunities in France, while French CoStar subscribers will be able to access opportunities abroad.”
Sandra Roumi, General Manager France of CoStar Group: "French real estate is entering a new era. Our ambition is clear: to support the real estate ecosystem with the highest standards in data quality, transparency, and technology. CoStar Group is investing heavily to build, alongside the French market, a new generation of tools and services designed to support performance, confidence, and growth."
About CoStar Group
CoStar Group (NASDAQ: CSGP), an S&P 500 company, is the global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986 and headquartered in Arlington, Virginia, CoStar Group has delivered 60 consecutive quarters of double-digit revenue growth, generating $3.2 billion in revenue in 2025. The company has invested more than $5 billion in building its proprietary database, employs over 1,500 researchers worldwide, and operates in more than 15 countries. CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted 131 million average monthly unique visitors in the first quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
Microsoft a Lightstorm plánují postavit podmořský kabel I-2SEA mezi Indií, Malajsií a Singapurem pro AI a cloudové služby. Kabel má být dlouhý 3 600 km a zprovozněn ve 4. čtvrtletí 2029.
A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 25, 2024. REUTERS/Gonzalo Fuentes/File Photo Purchase Licensing Rights, opens new tab
July 2 (Reuters) - A consortium including Microsoft (MSFT.O), opens new tab and telecom startup Lightstorm plans to build a new undersea cable linking India with Malaysia and Singapore as technology firms compete to expand AI and cloud infrastructure in India, one of the world's fastest-growing data markets.
The consortium, whose other members include Tata Communications (TATA.NS), opens new tab, Singapore Telecommunications (STEL.SI), opens new tab, Singapore's ASEAN Cableship and Japan's NEC Corporation, will construct the I-2SEA cable to support AI, cloud and hyperscale workloads, the companies said on Thursday.
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They did not provide additional details including the investment size.
The network will span 3,600 km and have landing stations in Machilipatnam in the southern Indian state of Andhra Pradesh, where Meta (META.O), opens new tab and Alphabet (GOOGL.O), opens new tab have announced data centers.
The cable is expected to be operational in the fourth quarter of 2029, Lightstorm Group CEO and Managing Director Amajit Gupta told Reuters in an interview.
The I Squared-backed company currently connects 19 AI and cloud zones across India through terrestrial fiber cable networks, with the new network expected to bring this number up to 29, Gupta said.
India's operational data center capacity could double from the current 1.4 gigawatts by 2027, based on projects under construction, and increase five-fold by 2030 if planned projects are fast-tracked, Macquarie Equity Research said in a report last October.
Undersea cables carry roughly 95% of the world's internet traffic. India currently has 17 active submarine cables with a maximum potential capacity of 960 terabits per second, and at least 10 more have been publicly announced, according to TeleGeography, a telecommunications research firm.
Separately, Lightstorm plans to list in India in mid-2027, Gupta said, without disclosing any other details. The company was seeking a valuation of up to $1.5 billion in March, according to a media report, opens new tab.
Reporting by Abhirami G in Bengaluru; editing by Chandini Monnappa and Sonia Cheema
Our Standards: The Thomson Reuters Trust Principles., opens new tab
AeroVironment ve 4. fiskálním čtvrtletí zvýšil tržby o 133 % na rekordních 641,6 milionu USD a upravený EBITDA více než zdvojnásobil na 140,1 milionu USD. Zajištěný backlog vzrostl na 1,2 miliardy USD.
Shares of AeroVironment (AVAV +4.47%) soared more than 20% this week, to around $171, after the drone and defense specialist reported its fiscal fourth-quarter results. The quarter was a blowout by almost any measure -- record revenue, adjusted profits that more than doubled, and a funded backlog that swelled past $1 billion.
Is this the start of a multiyear up cycle in military drones and the systems built to stop them, or a one-quarter spike that borrows from future demand and leaves a harder comparison behind?
The answer rests less on the drones AeroVironment is already known for and more on what it's building next.
Image source: Getty Images.
AeroVironment's fiscal fourth-quarter revenue (the period ended April 30, 2026) jumped 133% year over year to a record $641.6 million. That headline figure, however, was bolstered by the company's acquisitions of defense technology firms BlueHalo and Empirical Systems Aerospace. Strip the deals out, and organic growth was about 31% -- still a strong rate, and the better gauge of underlying demand.
Profitability climbed even faster. AeroVironment's non-GAAP (adjusted) earnings before interest, taxes, depreciation, and amortization (EBITDA) more than doubled to $140.1 million, lifting the adjusted EBITDA margin to 22%. Adjusted earnings per share were $1.84, up from $1.61 a year earlier.
The figure that speaks most directly to the up-cycle question, though, is backlog. AeroVironment closed the year with a funded backlog of $1.2 billion, up about 65% from $726.6 million a year earlier. Full-year bookings reached $2.7 billion against revenue of roughly $2 billion, for a book-to-bill ratio of 1.4 -- orders came in well ahead of what the company could ship. That kind of forward visibility isn't what a one-quarter spike looks like.
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Looking ahead, counter-drone is the story This is where the multiyear thesis lives. Sure, AeroVironment is best known for its Switchblade loitering munitions -- the small, low-cost attack drones that have become a fixture of modern warfare. But the faster-growing opportunity may sit on the other side of that fight: knocking enemy drones out of the sky.
Counter-drone, or counter-unmanned aircraft systems (counter-UAS), brought in about $200 million of revenue in fiscal 2026. Next to the loitering munitions business, that's still modest.
But management doesn't expect it to stay that way.
"It will not surprise me in the next 3-5 years that our directed energy and our counter-UAS business would be equally as large, if not 2-3 times bigger," CEO Wahid Nawabi said on the company's fiscal fourth-quarter earnings call.
AeroVironment builds its counter-drone defense in three layers. The first is the Titan family of radio-frequency jamming systems, whose sales roughly doubled over the prior year. The second is an early stage directed-energy weapon called LOCUST. And the third is a kinetic interceptor, Freedom Eagle-1, that physically destroys an incoming drone. The pitch to customers is that no single tool stops every threat.
Demand, for now, is moving the right way. Management pointed to "unprecedented" levels of demand across its markets and guided for fiscal 2027 revenue of $2.125 billion to $2.225 billion. The midpoint implies about 10% growth -- a step down from this year's acquisition-boosted pace, but healthy for a business this size, and it doesn't lean on the counter-drone ramp inflecting yet.
So, is the growth stock a buy? At about $171, AeroVironment trades at roughly 54 times the midpoint of management's fiscal 2027 adjusted earnings guidance -- a rich multiple. And even after this week's jump, the stock sits well below the 52-week high near $420 it touched before a steep slide earlier this year.
Personally, I read the backlog and the demand signals as the start of an up cycle rather than a one-off -- but the stock's valuation already bakes a lot of that in. For investors who want exposure to the drone and counter-drone theme, I'd keep any position small or maybe even wait for a more attractive entry point.
2026 has been a banner year for one segment of the AI sector.
Semiconductor stocks have soared, driven by the massive AI infrastructure build-out and shortages in products like memory chips. As a result, the iShares Semiconductor ETF, which tracks major chip stocks, has doubled through the first half of the year.
However, AI stocks with exposure to software have mostly underperformed, as the iShares Expanded Tech-Software Sector ETF, which holds the leading software-as-a-service (SaaS) stocks, is down 16%, significantly underperforming the S&P 500.
While some of those stocks deserve to be down, others have gotten thrown out with the bathwater, and one that looks oversold at this point is Axon Enterprise (AXON +5.95%), a law enforcement technology known for making TASER conductive electrical weapons, body and dashboard cameras, and a suite of software to help law enforcement agencies manage and process data like evidence, records, and investigations.
Historically, Axon has been a big winner on the stock market. The stock is up around 100,000% since its 2001 IPO when it was just a one-product company named TASER, but lately it's struggled. A nine-year streak of gains was snapped last year when the stock fell 6%, and it's been down most of this year as well, now off 30% from its peak in Aug. 2025.
For AI investors looking to rotate away from chip stocks for stocks that look oversold, Axon looks intriguing at the current price.
Let's take a closer look at Axon and what it's doing with AI.
Image source: Axon Enterprise.
An overlooked AI stock While some software stocks have reported slowing growth due to either maturing markets or disruption from AI-native products like Anthropic's Claude Code, that isn't the case with Axon.
Revenue grew 34% in the first quarter on 125% net revenue retention, showing existing customers increased their software spend with the company by 25% over the last four quarters. It also raised its full-year revenue growth guidance from 27%-30% to 30%-32%, a clear sign of confidence from management.
While its core products like TASERs, cameras, and software continue to deliver solid growth, the company is also rapidly innovating with AI and other cutting-edge technologies.
Revenue from AI products rose more than 700% from a year ago. Those include Draft One, a generative-AI tool that writes first drafts of police reports based on body camera footage and audio, and software that can answer policy questions during arrests. Other AI products include Axon Assistant, a voice companion that can provide real-time translation and secure research capabilities, and Axon Vision, which scans video footage and tracks human forms to automatically prioritize or edit footage for review.
Axon has also moved into the drone market with the help of its 2024 acquisition of Dendrone, which has enhanced its drone-as-first-responder vertical and its counter-drone security business. Revenue from counter-drone products was up more than 300% in the first quarter.
Overall, the company balances a healthy core business with innovative growth opportunities in new technologies like AI.
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Will Axon keep climbing? Axon stock has soared this week, following a disclosure on Monday that President Trump bought between $1 million and $5 million worth of the stock in February. That news, which also included a report that Immigration and Customs Enforcement (ICE) solicited a $220 million TASER contract, portends more growth for the company from the federal segment, and Trump's ownership could give it favorable treatment as well.
Axon isn't cheap, trading at a price-to-earnings ratio of close to 100 based on adjusted earnings, and a price-to-sales ratio of 15. However, the company combines strong growth, solid margins, and significant upside potential with AI and its mission of making the bullet obsolete.
The catalyst from Trump's purchase of the stock also shows there's plenty of room for growth if investor sentiment swings back in its favor.
If you're looking to diversify your AI holdings away from chip stocks and other traditional tech stocks, Axon looks like a great choice.
Image Credits:Brian Heater Apple reportedly has plans to release several new iPad Pros and a new MacBook Pro in the first half of next year.
The company is currently working on four models of the new tablet with faster chips, Bloomberg reported. It is also developing a new “entry-level” MacBook Pro, which is internally referred to as K104, the outlet writes. The company is also targeting that same period for the release of its first M7 processor.
The last time Apple released an iPad Pro was in October of last year. In March, the company released a new high-end MacBook Pro and the budget laptop MacBook Neo, albeit the Neo uses the A18 chip, originally designed for the iPhone. This anticipated new MacBook is expected to be a full-fledged Pro.
The apparent product plans come amidst whisperings of other upcoming releases (including, perhaps, a foldable phone) as the company preps for its post-Tim Cook-as-CEO era while also battling supply chain issues that Cook says have forced it to raise its prices. Those price hikes have been substantial in some cases. The MacBook Pro with 1 terabyte of storage recently jumped from $1,699 to $1,999, for instance. So if the company is working on more budget-friendly laptops and tablets, this would be a good time to introduce them.
Apple did not immediately respond to our request for more information.
Amazon a Flipkart v Indii agresivně rozšiřují doručování na minuty a chtějí dohnat lídra Blinkit. Amazon Now míří do více než 300 měst, Flipkart Minutes má přes 1 000 mikrofulfillmentových center ve více než 130 městech.
Hello, this is Priyanka Salve, writing to you from Singapore.
Welcome to the latest edition of "Inside India" — your one-stop destination for stories and developments from the world's fastest-growing large economy.
India's 15-minute delivery boom is reshaping one of the world's fastest-growing e-commerce markets. The service, expected to account for nearly 40% of online retail sales in the country by 2030, is currently led by local players, but Amazon and Walmart-owned Flipkart are mounting an aggressive challenge. The stakes extend beyond growth — they're fighting to stay relevant in a market that's redefining consumer expectations.
Any thoughts on today's newsletter? Share them with the team.
The big storyThe under-15-minute delivery, or quick commerce, companies in India have achieved something remarkable: they disrupted the biggest disruptors. But the fight isn't over yet.
Amazon and Walmart-owned Flipkart, the e-commerce giants that once ended the dominance of physical retail stores in India, were late to enter the quick commerce space but are now mounting an aggressive challenge against the sector's incumbents.
E-commerce companies are not just chasing market share in a new format – they need to offer quick commerce services to remain relevant to consumers, experts told CNBC, adding that India is an important long-term growth market where they need to tap into shifts in consumption habits.
So, during Amazon chief executive Andy Jassy's visit to India last week, quick commerce was undoubtedly in focus.
On June 24, Jassy visited a micro fulfilment center in Mumbai and said in a post on X that the global e-commerce major now has ambitions to become India's "largest delivery-in-minutes network."
On its app, Amazon Now in India is offering cash back of up to 25% for the first five orders and waiving platform fees and delivery charges as it seeks to rapidly onboard customers and deepen adoption of the service.
The U.S company plans to offer Amazon Now services in more than 300 cities, compared to Blinkit, which is India's dominant quick commerce company with more than 2,200 dark stores serving over 200 cities as of March 2026.
The other challenger, Flipkart, also said last week that its quick service offering, Minutes, has over 1,000 micro fulfilment centers across more than 130 cities.
"For Amazon and Flipkart, this isn't simply about entering another retail format — it's about ensuring they remain relevant if instant fulfilment becomes the preferred mode of e-commerce," Aakash Agrawal, associate director at Anand Rathi Investment Banking, told CNBC.
The frenzied adoptionQuick commerce is a post-pandemic phenomenon in India that began with under-15-minute delivery of fresh produce and fast-moving consumer goods but has gradually expanded to include smartphones, small electronic gadgets and appliances, beauty products, pharmacy and more.
It has rewired consumer habits to prioritize delivery of online products within minutes rather than days. Food delivery companies like Eternal and Swiggy, with their localized logistics networks, were among the first to scale up in this space in India, even though it is start-up Zepto that is often credited with being the first to launch quick commerce in 2021.
While fresh produce, staples, and FMCG goods are the most frequently ordered products on quick commerce platforms, according to experts, small electronic items, kitchen appliances, and travel accessories are also popular across Amazon, Flipkart and their more established rivals.
Amazon is also setting up 100 urban fulfilment centers that will stock apparel, electronics, jewelry, shoes, luggage, watches, wireless accessories, musical instruments and furniture for quick commerce orders.
According to an April report by Bain & Company, India is the "global leader" in quick commerce adoption, with nearly 17% of its e-commerce gross merchandise value flowing through these platforms.
By 2030, the quick commerce opportunity in India is expected to reach between $65 and $70 billion, up sixfold from 2025, the report said, adding that it will account for up to 40% of total online retail sales by gross volume and nearly half of incremental sales.
Both Amazon and Flipkart are already experiencing the frenzy of quick commerce adoption in India and are expected to take market share from competitors with a weaker financial profile, experts said.
"Prime members triple their shopping frequency once they start using it [Amazon Now], and we've seen orders double every quarter since launch," Jassy said in his post, adding that quick commerce is now the "fastest-growing ecommerce business unit in India" for the company.
A Flipkart spokesperson told CNBC that the e-commerce firm is seeing a sharp rise in adoption of quick commerce outside of metro cities, with Gen Z being the "fastest-growing cohort," accounting for 40% of the customer base.
With the entry of Flipkart and Amazon, the competitive intensity of the quick commerce market has increased, experts said, adding that it will eventually shrink to two to three companies in the next few years as cash burn ends.
Blinkit, the quick commerce platform of Eternal, is the only quick commerce company that has proved profitability at the operating level over the last two quarters. It reported adjusted earnings before interest, tax, depreciation and amortization of 370 million rupees ($3.8 million) in the March quarter and of 40 million rupees in the previous quarter.
"Our view is that Blinkit is definitely going to be one of those two or three players," Aditya Soman, senior research analyst at CLSA India, told CNBC's Inside India on Tuesday.
But the slot for two more winners in the quick commerce race remains wide open.
Need to knowAmazon adds new funding, lifting India AI and cloud investment to $48 billion
Amazon plans to invest an additional $13 billion to expand artificial intelligence and cloud infrastructure in India, taking its total investment in the country to $48 billion between 2026 and 2030. These funds will be used to expand AWS data center capacity in Mumbai and Hyderabad.
One of India's largest gold exporters paid its managing director just $180 a month, probe reveals
Indian authorities uncovered multiple accounting and operational irregularities at one of the country's largest gold companies, Rajesh Exports, according to an investigation released Wednesday, weeks after market regulators raised concerns over the company's reported revenue.
Coming up
July 1-3: Japanese Prime Minister Sanae Takaichi visits India.
Ford znovu najal více než 350 zkušených inženýrů, aby opravili selhávající AI systémy kontroly kvality. Firma říká, že automatizace nedávala požadované výsledky.
The automaker became a case study in AI hubris, bringing back 350 "gray beard" engineers to teach its automated quality systems to build cars that don't suck.
Antuan started out in the automotive industry the old-fashioned way, by turning wrenches in a driveway and picking up speeding tickets. He now has nearly 20 years of expertise and experience behind the wheel of hundreds of cars, including electric, hybrid, plug-in hybrid, hydrogen, and traditional combustion vehicles. For each car he tests, Antuan covers more than 200 miles behind the wheel and evaluates driving dynamics; acceleration and braking performance; range; and efficiency. Antuan's goal is to use his extensive car knowledge to educate CNET readers and help with their next car-related buying decision. Whether you're EV-curious, an EV-enthusiast or a combustion-car loyalist, Antuan will bring you the unbiased advice, reviews, best lists and news you need. You can reach Antuan at [email protected]
Expertise Nearly two decades of testing, driving, reporting on, writing about, reviewing, and editing content about electric and ICE cars. Category focus is on electrified cars, EVs, HEVs, PHEVs, ICE cars, EV infrastructure, EV chargers, EV adapters, EV news, auton Credentials
North American Car, Truck and SUV of the Year (NACTOY) Awards Juror 3 min read
At a conference last year, Ford CEO Jim Farley said that artificial intelligence is "going to replace literally half of all white-collar workers in the US." Just last week, Ford executives said that the automaker had quietly rehired more than 350 of what it internally calls "gray beard" engineers over the past three years to help fix the AI quality-control systems that weren't getting the job done.
Over the last decade, US automakers have cut more than 20,000 jobs, nearly a 20% reduction in workforce between Ford, General Motors and Stellantis combined. While Ford hasn't said for sure how many of these gray beard rehires were originally fired to make way for AI and how many are simply returning retirees, Farley's recent statements on automation-fueled worker replacement certainly paint an awkward picture.
Representatives for Ford and the United Auto Workers union did not immediately respond to requests for comment.
Not getting the desired results"Artificial intelligence is a fantastic tool, but it's only as good as the information you use to train it," Charles Poon, Ford's vice-president of vehicle hardware engineering, told reporters last week. "Mistakenly, we thought that by just introducing artificial intelligence and ingesting the design requirements that we had, that would produce a high-quality product."
Kumar Galhotra, Ford chief operating officer, was even more blunt about the realities of AI in manufacturing, saying that Ford had been "relying more and more on automated quality systems and not getting the desired results."
More than a simple oopsie, automation issues have been costing Ford billions in warranty costs and recalls. A study from iSeeCars, an automotive marketplace and research company, ranked recent Ford models among the most recalled vehicles in the industry. Ford's statements and the rehiring of experienced workers are essentially an admission that moving too quickly into AI was a big mistake.
Many major corporations in almost every aspect of tech and manufacturing have been naming artificial intelligence as an excuse for large workforce reductions, often without fully accounting for what gets lost when that human factor walks out the door. Entire industries have been crunching the uncomfortable numbers of replacing human judgment with automated systems, with some even backtracking on their decisions when the true cost of AI proves too high.
Ford CEO Jim Farley has spoken frankly about how AI tech will lead to a drastic reduction in white-collar jobs.
FordWhat happens now?Last week, Ford announced that, for the first time in 16 years, it had captured the number one spot among mainstream brands in JD Power's 2026 Initial Quality Survey, up from tenth last year. The automaker credits the rise, in part, to the contributions of the rehired gray beards. But before you get too excited about the triumph of these modern-day John Henrys over the machines set out to replace them, don't forget what ultimately happened to that folklore hero: He was still replaced by the steam engine.
Galhotra said the rehired specialists -- some former Ford employees, others drawn from industry suppliers -- were brought back specifically to "hunt for failure points before a part ever reaches the plant floor."
Ford isn't abandoning AI. Instead, the returning gray beards are doing two things: training younger staff who never worked alongside those veterans and helping to rebuild the data pipelines that the AI tools run on.
Essentially, they've been brought back to fix and train the automated software systems that replaced them. Ford also said it has built a dedicated 40-person software quality assurance team and added more than 100,000 AI-powered automated tests to catch edge cases late in development.
Technology marches on.
Ford just happened to learn the lesson loudly enough to become a case study, but I don't think it will be the last. There may not always be gray beards to call on to save the day.
ServiceNow v 1. čtvrtletí zvýšil předplatné tržby o 22 % na 3,67 miliardy USD a cRPO o 22,5 % na 12,64 miliardy USD. AI podle firmy není hrozbou, ale tahounem růstu.
ServiceNow (NOW +6.57%) has been one of the hardest-hit large-cap software stocks in 2026. After setting a split-adjusted 52-week high of $211.48 last summer, shares of the enterprise workflow software company have fallen about 50%, to around $105 as of this writing. The cause wasn't the business, but rather a marketwide fear that artificial intelligence (AI) would disrupt the software industry, letting customers swap pricey subscriptions for AI agents that do the same work.
Lately, that fear has eased, and the stock has climbed nearly 30% off its low. So is this beaten-down software leader finally a buy, or has the bounce already run too far?
Image source: Getty Images.
An AI winner, not a victim The bull case starts with how little the AI scare actually shows up in ServiceNow's results.
ServiceNow's first quarter of 2026 was strong by pretty much every measure. Subscription revenue rose 22% year over year (19% in constant currency) to $3.67 billion. And current remaining performance obligations (cRPO) -- contracted revenue the company expects to book over the next 12 months, and a useful read on near-term demand -- climbed 22.5% to $12.64 billion. Bigger deals, specifically, grew faster still: ServiceNow closed 16 transactions worth more than $5 million in net new annual contract value in the quarter, up nearly 80% from a year earlier.
More important for the AI debate, AI is landing as a tailwind, not a threat. Now Assist, ServiceNow's suite of generative AI features, is tracking toward about $1.5 billion in annual contract value for 2026 -- well above management's original $1 billion target. And customers spending more than $1 million a year on Now Assist grew more than 130% year over year.
"There has never been a tailwind for ServiceNow like AI," said CEO Bill McDermott on the company's first-quarter earnings call.
There's also a structural reason the AI-disruption worry may be overdone here. About half of ServiceNow's net new business now comes from pricing that isn't tied to user seats -- consumption-based models built around tokens, infrastructure, and connectors, McDermott said. The bear case assumes AI shrinks headcount, and with it the seats software vendors bill against. But when customers pay for how many workflows run on the platform, more automation can mean more usage, not less.
ServiceNow has leaned into that position. In January, it signed a multi-year agreement to make OpenAI's models a preferred option across the more than 80 billion workflows that run on its platform each year. The recent rebound in software stocks even has a tidy catalyst: in late June, the White House reportedly asked OpenAI to limit its most powerful new model to a small group of vetted partners, cooling fears that frontier AI would instantly commoditize enterprise software.
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The valuation still isn't a bargain Here's the harder part. Even after a sell-off this steep, ServiceNow doesn't look cheap. The stock trades at a forward price-to-earnings ratio of about 24 and a price-to-sales ratio of about 7. Both have compressed sharply -- the price-to-sales figure sat closer to 8 earlier this year, and far higher in years past. But neither is a bargain for a business whose growth, while strong, is gradually slowing from the high-20s rates of a few years ago.
Even more, the company's outlook looks good. For all of 2026, management guided for subscription revenue of about $15.75 billion, up more than 20%, and ServiceNow turns much of that into cash, posting a 44% free cash flow margin in the first quarter.
Still, this is a high-risk stock. The AI uncertainty that crushed shares this year hasn't been resolved so much as quieted, and another scare could send software names lower again.
So, with shares still down about 50% from their 52-week highs, a small position could make sense for investors who want exposure to a software company that is monetizing AI rather than being displaced by it. But I'd keep it modest. Shares aren't cheap enough yet to make this an easy call. And in a corner of the market moving this fast, paying up for even a strong business still carries plenty of risk.
Akcie Interactive Brokers Group ve středu vzrostly o více než 7 % po měsíční aktualizaci, která ukázala silný růst obchodní aktivity i počtu klientů. DARTs v červnu meziročně vzrostly o 53 % na téměř 5,27 milionu a zákaznické účty o 34 % na téměř 5,19 milionu.
The stock of Interactive Brokers Group (IBKR +7.16%) was a mid-week standout in the financial services sector. Shares of the securities trading facilitator closed on Wednesday more than 7% higher, thanks to a monthly update showing strong growth in certain aspects of its operations.
Fruitful interactions For June, Interactive's daily average revenue trades (DARTs, widely considered a crucial metric for brokerages) rose by 53% year over year and 6% month over month to nearly 5.27 million.
Image source: Getty Images.
Client equity at the end of that month came in at just over $930 billion, a 40% improvement over the end-June 2025 figure but 1% below the May result.
Speaking of clients, Interactive's total customer accounts surged 34% year over year and 4% month over month to nearly 5.19 million. Ending client credit balances rose a respective 27% and 1% to land at over $182 billion.
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A reliable middleman The fact that only one of those metrics in one of the tracked periods sank -- and slightly -- indicates how well Interactive is doing these days.
To be fair, most of our securities markets remain frothy, so that's not a towering accomplishment in itself. However, investors have a wide and deep range of brokerages and financial services companies to choose from. So this one is obviously adept at both attracting and retaining active clients, and with that, I'd confidently consider its stock worthy of a buy.
Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Interactive Brokers Group. The Motley Fool recommends the following options: long January 2027 $43.75 calls on Interactive Brokers Group and short January 2027 $46.25 calls on Interactive Brokers Group. The Motley Fool has a disclosure policy.
FDA schválila rozšířené použití genové terapie Vertexu Casgevy pro děti od dvou let se srpkovitou anémií a dalšími dědičnými krevními poruchami. Jde o první takto schválenou léčbu pro tuto věkovou skupinu.
A sign hangs in front of the world headquarters of Vertex Pharmaceuticals in Boston, Massachusetts, U.S., October 23, 2019. REUTERS/Brian Snyder/File Photo Purchase Licensing Rights, opens new tab
CompaniesJuly 1 (Reuters) - The U.S. Food and Drug Administration approved expanded use of Vertex Pharmaceuticals' (VRTX.O), opens new tab gene therapy in children as young as two with inherited blood disorders, including sickle cell disease, the first such treatment cleared for this age group.
Casgevy, a one-time treatment made from a patient's own blood stem cells, was previously approved for patients aged 12 and older with sickle cell disease or transfusion-dependent beta thalassemia.
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Here are further details: -
Sickle cell disease is a painful, inherited blood disorder in which the body makes sickle-shaped hemoglobin, preventing red blood cells from properly carrying oxygen to the body's tissues.
In a trial of children aged five to under 12 with sickle cell disease, all eight evaluable patients had no severe vaso-occlusive crises or painful episodes for at least 12 straight months within the first 24 months of infusion.
In beta thalassemia, eight of nine evaluable children achieved transfusion independence for 12 consecutive months, with a median duration of 20.1 months.
The FDA granted approval to Vertex in 53 days after filing under the Commissioner's National Priority Voucher, its new fast-track program designed to shorten review time for a drug application.
In 2023, the FDA approved Vertex's and Genetix Biotherapeutics' gene therapies for sickle cell disease in patients 12 years and older.
Other long-term treatment options for sickle cell disease include bone marrow transplant, which requires matching donors, and the chemotherapy drug hydroxyurea.
Reporting by Puyaan Singh in Bengaluru; Editing by Vijay Kishore
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Akcie Okta vzrostly o 2,94 % na 140,46 USD a překonaly pokles indexu S&P 500. Trh čeká na výsledky, přičemž analytici odhadují EPS 0,96 USD a tržby 792,14 milionu USD.
Okta (OKTA - Free Report) ended the recent trading session at $140.46, demonstrating a +2.94% change from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 0.22%. At the same time, the Dow lost 0.03%, and the tech-heavy Nasdaq lost 0.66%.
Shares of the cloud identity management company witnessed a gain of 0.84% over the previous month, beating the performance of the Computer and Technology sector with its loss of 2.58%, and the S&P 500's loss of 1.21%.
Investors will be eagerly watching for the performance of Okta in its upcoming earnings disclosure. In that report, analysts expect Okta to post earnings of $0.96 per share. This would mark year-over-year growth of 5.49%. In the meantime, our current consensus estimate forecasts the revenue to be $792.14 million, indicating a 8.81% growth compared to the corresponding quarter of the prior year.
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.
Any recent changes to analyst estimates for Okta 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.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.72% higher. At present, Okta boasts a Zacks Rank of #3 (Hold).
In terms of valuation, Okta is presently being traded at a Forward P/E ratio of 35.64. This signifies a discount in comparison to the average Forward P/E of 47.54 for its industry.
It's also important to note that OKTA currently trades at a PEG ratio of 2.24. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Security was holding an average PEG ratio of 3.14 at yesterday's closing price.
The Security industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 165, this industry ranks in the bottom 33% 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Joby Aviation zahájila lety s prvním výrobním eVTOL schváleným FAA, což je důležitý krok k certifikaci pro komerční provoz. Firma už má přes 50 000 mil testovacích letů a cílí na spuštění služby ještě letos.
The biggest question surrounding Joby Aviation (JOBY 1.12%) has never been whether electric air taxis can fly. It's whether regulators would approve them.
That question became a little easier to answer after Joby began flying its first FAA-conforming production eVTOL aircraft, a major step toward obtaining Type Inspection Authorization (TIA). If you're unfamiliar, TIA is one of the final stages before full FAA certification for commercial operations.
The company has now logged more than 50,000 miles of test flights, and management continues targeting commercial service this year. A lofty goal, to be sure. But does it make the stock a buy?
The regulatory risk is falling For years, FAA certification has been the single largest overhang on the stock.
With production-conforming aircraft now flying, Joby has moved beyond testing prototypes and into validating the aircraft that regulators will ultimately certify for passenger service. That's a much different stage of development than we were looking at just a year ago.
Joby was also recently selected to participate in the White House-backed Air Taxi Pilot Program, which will allow early operations across multiple U.S. states. This is while the company is now preparing to launch service in Dubai, where vertiports are already under construction. Those are significant milestones.
Valuation still demands perfection The fact is, the stock already reflects considerable optimism. Joby currently carries a market capitalization of roughly $8.5 billion despite generating very little revenue today. However, that's not unusual for an emerging aerospace company.
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But concerns regarding execution remain. Launching an entirely new form of transportation requires FAA certification, manufacturing scale, charging infrastructure, pilot training, customer adoption, and favorable economics -- all at the same time.
So even after certification, profitability could still be years away.
A lot has to go right Certification is only one milestone. Joby plans to produce four aircraft per month by 2027, but scaling manufacturing while maintaining safety standards is one of the hardest challenges in aerospace. At the same time, the company must prove that customers are willing to pay enough to support a profitable business model. And we just don't know how that will play out yet.
Image source: Getty Images.
Not a low-risk investment Joby has unquestionably reduced one of the biggest risks facing its business. That's an important development, and it makes the path toward commercialization considerably clearer than it was a year ago.
Still, I wouldn't call the stock an obvious buy. The market is already assigning an $8.5 billion valuation to a company that has yet to establish a commercial air taxi business. That leaves relatively little room for execution mistakes.
If Joby delivers on certification, launches service on schedule, and proves demand exists, today's valuation could eventually look reasonable. But until those pieces fall into place, I'd view the stock as an intriguing technology story with loads of potential but not a low-risk investment.
Sprouts Farmers vzrostl o 2,51 % na 86,70 USD a za měsíc přidal 8,37 %. Trh čeká výsledky 29. července 2026; EPS má být 1,35 USD a výnosy 2,33 miliardy USD.
In the latest close session, Sprouts Farmers (SFM - Free Report) was up +2.51% at $86.70. The stock exceeded the S&P 500, which registered a loss of 0.22% for the day. Meanwhile, the Dow experienced a drop of 0.03%, and the technology-dominated Nasdaq saw a decrease of 0.66%.
The natural and organic food retailer's stock has climbed by 8.37% in the past month, exceeding the Retail-Wholesale sector's loss of 5.51% and the S&P 500's loss of 1.21%.
The upcoming earnings release of Sprouts Farmers will be of great interest to investors. The company's earnings report is expected on July 29, 2026. It is anticipated that the company will report an EPS of $1.35, marking stability compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $2.33 billion, indicating a 4.91% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.57 per share and revenue of $9.51 billion. These totals would mark changes of +4.9% and +8.04%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Sprouts Farmers. 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. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which 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 remained stagnant within the past month. As of now, Sprouts Farmers holds a Zacks Rank of #2 (Buy).
Investors should also note Sprouts Farmers's current valuation metrics, including its Forward P/E ratio of 15.18. For comparison, its industry has an average Forward P/E of 15.18, which means Sprouts Farmers is trading at no noticeable deviation to the group.
Meanwhile, SFM's PEG ratio is currently 1.79. 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 Food - Natural Foods Products was holding an average PEG ratio of 1.77 at yesterday's closing price.
The Food - Natural Foods Products industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 106, placing it within the top 44% 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.
To follow SFM in the coming trading sessions, be sure to utilize Zacks.com.
GE Vernova (GEV - Free Report) closed at $1,134.35 in the latest trading session, marking a -3.45% move from the prior day. This change lagged the S&P 500's daily loss of 0.22%. Meanwhile, the Dow lost 0.03%, and the Nasdaq, a tech-heavy index, lost 0.66%.
Coming into today, shares of the the energy business spun off from General Electric had gained 21.16% in the past month. In that same time, the Oils-Energy sector lost 4.76%, while the S&P 500 lost 1.21%.
The investment community will be closely monitoring the performance of GE Vernova in its forthcoming earnings report. The company is scheduled to release its earnings on July 22, 2026. The company is forecasted to report an EPS of $3.16, showcasing a 69.89% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $10.78 billion, indicating a 18.29% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $30.59 per share and a revenue of $45.34 billion, signifying shifts of +72.92% and +19.09%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for GE Vernova. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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 moved 1.07% higher. GE Vernova is currently a Zacks Rank #2 (Buy).
From a valuation perspective, GE Vernova is currently exchanging hands at a Forward P/E ratio of 38.41. This denotes a premium relative to the industry average Forward P/E of 18.22.
It's also important to note that GEV currently trades at a PEG ratio of 2.13. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Alternative Energy - Other industry currently had an average PEG ratio of 2.18 as of yesterday's close.
The Alternative Energy - Other industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 155, this industry ranks in the bottom 37% of all industries, numbering over 250.
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 use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Blue Bird v posledním obchodním dni klesl o 1,37 % na 77,88 USD, ale za měsíc přidal 9,15 %. Před výsledky se čeká EPS 1,22 USD a tržby z prodeje 498,7 milionu USD.
Blue Bird (BLBD - Free Report) closed at $77.88 in the latest trading session, marking a -1.37% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.22% for the day. On the other hand, the Dow registered a loss of 0.03%, and the technology-centric Nasdaq decreased by 0.66%.
Shares of the school bus maker witnessed a gain of 9.15% over the previous month, beating the performance of the Auto-Tires-Trucks sector with its loss of 3.88%, and the S&P 500's loss of 1.21%.
The upcoming earnings release of Blue Bird will be of great interest to investors. The company is predicted to post an EPS of $1.22, indicating a 2.52% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $498.7 million, up 25.3% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.74 per share and a revenue of $1.74 billion, representing changes of +8.22% and +17.88%, respectively, from the prior year.
Any recent changes to analyst estimates for Blue Bird should also be noted by investors. 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 suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 3.45% upward. At present, Blue Bird boasts a Zacks Rank of #4 (Sell).
Digging into valuation, Blue Bird currently has a Forward P/E ratio of 16.66. This valuation marks a discount compared to its industry average Forward P/E of 20.24.
One should further note that BLBD currently holds 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. The Automotive - Domestic was holding an average PEG ratio of 1.02 at yesterday's closing price.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. Currently, this industry holds a Zacks Industry Rank of 106, positioning it in the top 44% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
Amazon uzavřel na 241,70 USD, což je růst o 1,41 % a lepší výkon než širší trh. Investoři čekají na výsledky, kde analytici odhadují EPS 1,82 USD a tržby 196,87 miliardy USD.
In the latest trading session, Amazon (AMZN - Free Report) closed at $241.70, marking a +1.41% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.22%. At the same time, the Dow lost 0.03%, and the tech-heavy Nasdaq lost 0.66%.
Heading into today, shares of the online retailer had lost 7.09% over the past month, lagging the Retail-Wholesale sector's loss of 5.51% and the S&P 500's loss of 1.21%.
The investment community will be closely monitoring the performance of Amazon in its forthcoming earnings report. In that report, analysts expect Amazon to post earnings of $1.82 per share. This would mark year-over-year growth of 8.33%. Simultaneously, our latest consensus estimate expects the revenue to be $196.87 billion, showing a 17.39% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $8.85 per share and revenue of $826.67 billion, which would represent changes of +23.43% and +15.31%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Amazon. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming 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, 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 remained stagnant. Amazon is currently a Zacks Rank #2 (Buy).
Investors should also note Amazon's current valuation metrics, including its Forward P/E ratio of 26.93. For comparison, its industry has an average Forward P/E of 17.07, which means Amazon is trading at a premium to the group.
It is also worth noting that AMZN currently has a PEG ratio of 1.56. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Commerce industry had an average PEG ratio of 1.06 as trading concluded yesterday.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 182, finds itself in the bottom 27% 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Alibaba a dceřiná společnost Ant Group AUS Merchant Services zaplatí 600 milionů USD za vyrovnání obvinění amerického ministerstva spravedlnosti, že nezabránily nelegálním prodejům na platformách Alibaba.com a AliExpress.com. Dohoda zahrnuje i zpřísnění compliance programů.
Alibaba Group Holding and its U.S.-based payment processor, Ant Group subsidiary AUS Merchant Services, have agreed to pay $600 million to resolve U.S. Justice Department allegations that they failed to prevent illegal sales on Alibaba’s eCommerce platforms.
The Justice Department alleged that Alibaba.com and AliExpress.com failed to prevent merchants’ sales and imports of illegal pharmaceuticals, controlled substances, listed chemicals and pill presses into the United States, thereby violating the Federal Food, Drug, and Cosmetic Act (FDCA), the department said in a Wednesday (July 1) press release.
The payments are part of a non-prosecution agreement with the Justice Department, according to the release.
Reached by PYMNTS, an AUS Merchant Services spokesperson said in an emailed statement: “We are pleased to have reached an agreement with the U.S. Department of Justice to fully resolve this matter. We have made continuous improvements to our compliance program and will continue to do so to ensure compliance with laws and regulations in all markets where we operate.”
Alibaba Group Holding did not immediately reply to PYMNTS’ request for comment.
Bloomberg reported Wednesday that Alibaba said in an emailed statement that the settlement will bring “stricter compliance to the sale of products in the United States by third-party merchants on its eCommerce platforms.”
According to the Justice Department press release, Alibaba admitted that over a nearly nine-year period from January 2016 to December 2024, it maintained policies restricting the sale of prohibited products on its eCommerce platforms but failed to prevent merchants from selling prohibit products in 80,000 transactions involving imports to the U.S. that had a combined gross merchandise value of over $200 million.
Per the release, AUS admitted that over a nearly four-year period from January 2020 to December 2023, its transaction monitoring systems did not always identify transactions involving payments from high-risk jurisdictions or multiple payors on a single invoice, and its anti-money laundering compliance program failed to prevent some Alibaba merchants from using its services to facilitate the sale and importation of prohibited products.
As part of the non-prosecution agreement, Alibaba agreed to pay a criminal monetary penalty of $125 million and to forfeit $200 million, AUS agreed to pay a criminal monetary penalty of $85 million and to forfeit $190 million, and both companies agreed to enhance their compliance programs and to continue cooperating with the Justice Department.
“Companies operating online marketplaces — whether based in the United States or abroad — must implement appropriate safeguards to prevent bad actors from exploiting their platforms,” Assistant Attorney General Brett A. Shumate of the Justice Department’s Civil Division said in the release. “If they fail to do so, the Department will hold them accountable.”
Ministerstvo financí USA zvolilo pro Trump Accounts dvě ETF od BlackRock a jako alternativu Vanguard Total Stock Market ETF. Program pro dětské spořicí účty má začít 4. července.
The company logo and trading information for BlackRock is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 30, 2017. REUTERS/Brendan McDermid Purchase Licensing Rights, opens new tab
CompaniesJuly 1 (Reuters) - The U.S. Treasury has selected two BlackRock (BLK.N), opens new tab exchange-traded funds for Trump Accounts and named Vanguard as an alternate fund partner for the government's new child savings program, which is set to launch on July 4.
BlackRock's iShares Core S&P 500 ETF (IVV) and iShares Core S&P Total U.S. Stock Market ETF (ITOT) were chosen, both carrying expense ratios of 0.03%. Vanguard Total Stock Market ETF (VTI) was named an alternate investment option.
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"By giving younger Americans the opportunity to start investing earlier, Trump Accounts can help millions build long-term financial security," said BlackRock Chairman and CEO Larry Fink.
Under the scheme, the U.S. Treasury will deposit $1,000 as seed money into an investment account for each child with a valid Social Security number born between 2025 and 2028.
Many investment firms and corporations, including BlackRock, said they would match the U.S. government's $1,000 contribution for their employees.
Reporting by Pragyan Kalita in Bengaluru; Editing by Maju Samuel
Our Standards: The Thomson Reuters Trust Principles., opens new tab
As MU stock was falling, President Trump posted on Truth Social calling Micron Technology (NASDAQ:MU | MU Price Prediction) “one of the HOTTEST anywhere in the World” and celebrating a “HISTORIC $250 MILLION Investment in TRUMP ACCOUNTS” pledged by CEO Sanjay Mehrotra, tied to America’s 250th anniversary. He signed off with “THIS IS THE GOLDEN AGE OF AMERICA!”
However, the stock went down down 10.67% on the day.
That is a rare thing in markets. A sitting president singling out one company for a shower of praise usually moves the stock, at least for an afternoon. On Wednesday, it moved nothing.
Why a presidential endorsement moved the stock zero Micron came into today priced for something close to perfection. The stock is up 754% over the past year and 227% year to date, with a market cap sitting around $1.17 trillion. When a stock has already tripled in six months, the marginal buyer needs a reason bigger than a Truth Social post to chase it higher.
The Q3 fiscal 2026 earnings report on June 24 was that reason, and it already ran. Revenue landed at $41.456 billion, up 345.72% year over year, beating consensus by 17.60%. Non-GAAP EPS came in at $25.11 against a $20.28 estimate, the seventh consecutive beat. GAAP gross margin jumped to 84.6% from 37.7% a year earlier. Management guided Q4 to $50 billion in revenue and $31.00 in EPS.
You can read the press release exhibit filed with the SEC for the full breakdown. Investors bought the news the hour it hit and have been trimming ever since.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Grab the names FREE today.
What is actually driving Micron down today Memory chips are getting sold across the board. SanDisk (NASDAQ:SNDK) fell 9.91%, Western Digital (NASDAQ:WDC) dropped more than 10%, and other AI-adjacent names are lower. The semiconductor ETF iShares Semiconductor ETF (NASDAQ:SOXX) is coming off a 6.19% weekly gain, and today looks like the profit-taking day that inevitably follows a vertical move.
There is also insider tape to reckon with. Mehrotra sold $32.7 million of stock on June 26 under a 10b5-1 plan, with shares near a 52-week high. That is programmatic selling by rule, but at these prices it lands harder. Prediction markets on Polymarket priced the odds of a down day today at 98.5% before the open. Traders saw this coming.
What the Trump post actually adds to the thesis The $250 million commitment to Trump Accounts is a corporate goodwill gesture with political theater attached. It does not change the shape of Micron’s income statement. The thing that matters, and Mehrotra keeps saying it, is the shift to multi-year contracts. On the earnings call he told analysts that “the memory industry has been structurally transformed by the proliferation of AI” and that Micron has signed 16 Strategic Customer Agreements covering roughly 25% of total revenue over their terms, projected to reach approximately $100 billion in cumulative floor-price revenue across 14 of those deals.
Micron is also holding $22 billion in customer cash deposits and letters of credit against take-or-pay commitments. HBM4 shipments have already crossed $1 billion, and Mehrotra said the ramp is tracking twice as fast as HBM3E 12-high.
Micron’s fundamental case is intact, arguably strengthened, by the Q3 results and the SCA structure. What today shows is that stocks trading at trillion-dollar valuations after 800% runs need real capital flows, not applause. When the buyer of last resort is a president typing in all caps, the marginal seller wins.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Grab the names FREE today.
MercadoLibre vzrostl o 2,64 % na 1 742,19 USD, zatímco S&P 500 klesl o 0,22 %. Před zveřejněním výsledků trh očekává EPS 8,69 USD a tržby 9,77 miliardy USD.
MercadoLibre (MELI - Free Report) ended the recent trading session at $1,742.19, demonstrating a +2.64% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.22% for the day. At the same time, the Dow lost 0.03%, and the tech-heavy Nasdaq lost 0.66%.
Shares of the operator of an online marketplace and payments system in Latin America witnessed a gain of 1.47% over the previous month, beating the performance of the Retail-Wholesale sector with its loss of 5.51%, and the S&P 500's loss of 1.21%.
The upcoming earnings release of MercadoLibre will be of great interest to investors. The company's upcoming EPS is projected at $8.69, signifying a 15.71% drop compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $9.77 billion, indicating a 43.9% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $40.97 per share and a revenue of $40.36 billion, indicating changes of +3.98% and +39.68%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for MercadoLibre. 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.
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 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 remained stagnant. MercadoLibre is currently sporting a Zacks Rank of #5 (Strong Sell).
Looking at its valuation, MercadoLibre is holding a Forward P/E ratio of 41.43. This expresses a premium compared to the average Forward P/E of 17.07 of its industry.
Investors should also note that MELI has a PEG ratio of 1.05 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. The Internet - Commerce industry had an average PEG ratio of 1.06 as trading concluded yesterday.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 182, which puts it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
T. Rowe Price vzrostla o 2,13 % na 116,11 USD, zatímco S&P 500 klesl o 0,22 %. Akcie za měsíc přidaly 8,99 % a čeká se EPS 2,35 USD a tržby 1,89 mld. USD.
T. Rowe Price (TROW - Free Report) ended the recent trading session at $116.11, demonstrating a +2.13% change from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 0.22%. Elsewhere, the Dow lost 0.03%, while the tech-heavy Nasdaq lost 0.66%.
The financial services firm's shares have seen an increase of 8.99% over the last month, surpassing the Finance sector's gain of 2.72% and the S&P 500's loss of 1.21%.
Market participants will be closely following the financial results of T. Rowe Price in its upcoming release. In that report, analysts expect T. Rowe Price to post earnings of $2.35 per share. This would mark year-over-year growth of 4.91%. Meanwhile, our latest consensus estimate is calling for revenue of $1.89 billion, up 9.78% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $9.7 per share and a revenue of $7.6 billion, indicating changes of -0.21% and +3.87%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for T Rowe Price. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. The Zacks Consensus EPS estimate has moved 0.71% higher within the past month. T. Rowe Price presently features a Zacks Rank of #3 (Hold).
Looking at valuation, T. Rowe Price is presently trading at a Forward P/E ratio of 11.73. For comparison, its industry has an average Forward P/E of 11.59, which means T. Rowe Price is trading at a premium to the group.
One should further note that TROW currently holds a PEG ratio of 5.78. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Financial - Investment Management industry held an average PEG ratio of 0.97.
The Financial - Investment Management industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 188, finds itself in the bottom 24% 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.
To follow TROW in the coming trading sessions, be sure to utilize Zacks.com.
Rivian uvedl v USA SUV R2 se startovní cenou 57 990 USD, později má přijít verze kolem 45 000 USD. Firma čeká, že R2 zvýší roční dodávky na 62 000 až 67 000 vozů.
Rivian (RIVN 0.98%) officially launched its R2 SUV in the U.S. on June 9. Could this newest car lift Rivian's stock, which trades nearly 80% below its IPO price of $78?
Why the R2 could be a game changer When Rivian went public in 2021, it only sold three electric vehicles: the R1T pickup, R1S SUV, and custom electric delivery vans for Amazon (and later other companies).
Image source: Rivian Automotive.
The launch editions of the R1T and R1S started at $75,000 and $77,500, respectively, but subsequent versions started at $85,000 to $95,000. Those high prices limited their mainstream appeal, and Rivian's own supply chain constraints throttled its annual production -- which dropped from 57,232 vehicles in 2023 to 42,284 vehicles in 2025.
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The launch version of the R2 starts at $57,990, and Rivian plans to roll out an even cheaper version with a starting price of around $45,000 by the end of 2027. The R2 also costs less to manufacture than the R1T and R1S, so its rising sales should boost Rivian's gross margins.
Rivian expects the R2 to boost its annual deliveries to 62,000-67,000 vehicles this year. If those efforts pay off, analysts expect its revenue to more than triple from 2025 to 2028. If that happens, Rivian's stock-which trades at just three times this year's sales -- could finally stabilize and be revalued as a high-growth EV stock again.
Leo Sun has positions in Amazon. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy.
Viper Energy dokončila akvizici Riverbend Oil & Gas IX za 337 milionů USD v hotovosti a zhruba 3,7 milionu akcií třídy A. Nákup zahrnuje minerální a licenční podíly.
July 01, 2026 16:37 ET | Source: Viper Energy, Inc.
MIDLAND, Texas, July 01, 2026 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced that Viper has completed its previously announced acquisition of all of the equity interests of Riverbend Oil & Gas IX, L.L.C., an entity owning certain mineral and royalty interests, from Riverbend Oil & Gas IX (AIV), L.L.C. and ROG IX, L.L.C. (such acquisition, the “Riverbend Acquisition”) in exchange for $337 million in cash and approximately 3.7 million shares of Viper’s Class A common stock, par value $0.000001 per share, subject to customary post-closing adjustments. The cash portion of the Riverbend Acquisition was funded through a combination of cash on hand and borrowings under the Company’s credit facility.
About Viper Energy, Inc.
Viper is a corporation formed by Diamondback to own, acquire and exploit oil and natural gas properties in North America, with a focus on owning and acquiring mineral and royalty interests in oil-weighted basins, primarily the Permian Basin. For more information, please visit www.viperenergy.com.
About Diamondback Energy, Inc.
Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. For more information, please visit www.diamondbackenergy.com.
Forward-Looking Statements
This communication includes forward-looking statements within the meaning of the federal securities laws, which involve certain risks, uncertainties and assumptions that could cause the results to differ materially from such statements. All statements, other than historical facts, that address activities that Viper assumes, plans, expects, believes, intends or anticipates (and other similar expressions) will, should or may occur in the future, including the anticipated benefits of the Riverbend Acquisition, Viper’s strategy, future operations, financial position, estimated revenues, projected costs, prospects, plans and objectives of management, are forward-looking statements. When used herein, the words “may,” “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project” and similar expressions and the negative of such words are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.
Factors that could cause the outcomes to differ materially include (but are not limited to): Viper’s ability to realize the expected benefits of the Riverbend Acquisition in a timely manner, or at all; changes in supply and demand levels for oil, natural gas and natural gas liquids and the resulting impact on commodity prices; developmental activity by other operators; and those risks described in Viper’s periodic filings with the U.S. Securities and Exchange Commission (“SEC”), including in Item 1A of Viper’s Annual Report on Form 10-K for the year ended December 31, 2025, subsequent Forms 10-Q and 8-K and other filings Viper makes with the SEC, which can be obtained free of charge on the SEC’s website at http://www.sec.gov and Viper’s website at www.viperenergy.com/investors/overview.
In light of these factors, the events anticipated by Viper’s forward-looking statements may not occur at the time anticipated or at all. Viper cannot predict all risks, nor can it assess the impact of all factors on its business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those anticipated by any forward-looking statements it may make. Accordingly, you should not place undue reliance on any forward-looking statements. All forward-looking statements speak only as of the date of this communication or, if earlier, as of the date they were made. Viper does not intend to, and disclaims any obligation to, update or revise any forward-looking statements unless required by applicable law.
FRISCO, TX, July 01, 2026 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release its second quarter 2026 results on July 29, 2026 after the market closes and host its quarterly conference call at 10:00 a.m. CT on July 30, 2026 to discuss the second quarter results.
Parties interested in participating in the conference call telephonically will need to register at https://register-conf.media-server.com/register/BIb1b9c89894d24cf390641104a3f40885. Upon registering to participate in the conference call, participants will receive the dial-in number and a personal PIN number to access the conference call. On the day of the call, please dial in at least 15 minutes in advance to ensure a timely connection to the call.
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The conference call will also be broadcast live in listen-only mode and can be accessed via the website URL: https://edge.media-server.com/mmc/p/xprpo4xr.
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A replay of the second quarter 2026 conference call will be available for twelve months beginning at 1:00 p.m. CT on July 30, 2026. The replay of the conference can be accessed using the webcast link: https://edge.media-server.com/mmc/p/xprpo4xr
About Comstock Resources:
Comstock Resources is a leading independent natural gas producer with operations focused on the development of the Haynesville Shale in North Louisiana and East Texas.
A slide show presentation on the financial results will be available on Comstock's website at www.comstockresources.com. Click on “Quarterly Results” to view the slide show.
Granite prostřednictvím joint venture Keystone Bridge Partners získala předkonstrukční zakázku CMAR na výměnu Keystone Avenue Bridge v Renu. Při stavební fázi se očekává hodnota 50 až 60 milionů USD.
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today that Keystone Bridge Partners, a Granite-led joint venture with Condon-Johnson & Associates, Inc., has been selected by the Regional Transportation Commission (RTC) of Washoe County to provide preconstruction services for the Keystone Avenue Bridge Replacement Project in Reno, Nevada. The project will be delivered using the Construction Manager at Risk (CMAR) method.
“We are excited to again partner with the RTC to find collaborative solutions to best serve Reno and the travelling public.”
ShareBuilt in 1966, the Keystone Avenue Bridge spans the Truckee River and serves as a critical north–south corridor. The new project will replace the structurally deficient bridge, significantly improve safety, and accommodate increased traffic demand.
“This project reflects Granite’s continued commitment to delivering resilient, community-focused infrastructure,” said Chris Burke, Granite Regional Vice President. “We are excited to again partner with the RTC to find collaborative solutions to best serve Reno and the travelling public.”
Project scope includes demolition of the existing bridge and construction of a new multi-span steel beam girder structure, along with reconstruction of Keystone Avenue approaches, new retaining walls, drainage improvements, and utility relocations. The project also features a new multi-use path connecting to Vine Street and improvements to nearby roadways.
Project Timeline:
Preconstruction: Q2 2026 through Q1 2028Major Construction: Q2 2028 through Q3 2029When the construction phase is awarded, the anticipated value will range from $50 million to $60 million.
For more information, visit: https://keystonebridgeproject.com.
About Granite
Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite civil construction provider. Granite’s Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit the Granite website, graniteconstruction.com, and connect with Granite on LinkedIn, X, Facebook, and Instagram.
Intellia Therapeutics (NTLA +1.89%) has been on fire this year. Shares of the clinical-stage biotech have climbed an impressive 83% to date. However, Wall Street remains bullish on the company. Intellia Therapeutics' average price target (according to Yahoo! Finance) is $26.63, implying the stock could jump another 57% from its current levels over the next year. Should investors rush to purchase Intellia Therapeutics' shares based on The Street's bullish sentiments?
Image source: Getty Images.
Why there could be more upside ahead Intellia Therapeutics has performed well largely thanks to strong clinical progress with its leading candidate, lonvo-z, an investigational gene editing medicine for hereditary angioedema (HAE), a rare condition that causes painful and dangerous swelling attacks across the body. Though there are standards of care for this disease that help manage swelling attacks, there is no cure. Intellia Therapeutics hopes it has developed the closest thing to a cure with lonvo-z. In a phase 3 clinical trial, patients treated with a single infusion of lonvo-z experienced an 87% reduction in attacks after a six-month evaluation period compared with those who received a placebo. Further, 62% of patients were completely attack-free, compared with just 11% in the placebo group.
Lonvo-z now looks destined for approval, and Intellia Therapeutics has already begun submitting an application package to the U.S. Food and Drug Administration (FDA). What's more, Intellia Therapeutics could have another important catalyst over the next 12 to 18 months. The company is developing another gene-editing treatment, nex-z, in collaboration with Regeneron (REGN +0.19%). Nex-z is undergoing a pair of phase 3 studies in patients with a rare, progressive genetic disease called transthyretin (ATTR) amyloidosis, which can cause severe cardiovascular problems. The company may release data from these clinical trials sometime next year. Provided the results are positive, Intellia's shares may soar.
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Significant risks involved The commercial opportunity across lonvo-z and nex-z looks attractive, largely because of the latter. Only one person in 50,000 is affected by HAE, so there could be around 7,000 patients with the disease in the U.S., and about 162,000 worldwide. Of course, lonvo-z won't capture this entire opportunity, even under an optimistic scenario. It may not earn approval outside the U.S., for instance. So, lifetime sales for lonvo-z may not be that impressive. And annual revenue from the therapy will be even lower.
But once we turn to nex-z, the landscape looks different. The hereditary version of ATTR amyloidosis affects 50,000 people worldwide, while the wild type (that comes with age) affects between 200,000 and 500,000 patients. Diagnosis rates are also increasing, particularly for wild-type ATTR amyloidosis, driven by the world's aging population. And thanks to its partnership with the larger, more experienced Regeneron, Intellia Therapeutics could launch this medicine in many markets worldwide.
So, nex-z is central to Intellia Therapeutics' prospects. However, investors should keep in mind that the stock is very risky. Any clinical-stage biotech company tends to be so. True, Intellia's phase 3 success with lonvo-z makes its outlook less uncertain, but a lot could still happen, including unforeseen regulatory setbacks that aren't that uncommon with smaller drugmakers. Further, it's also worth noting that the company has had some issues with nex-z. Last year, the FDA placed clinical trials for the medicine on hold after a patient who received it died due to liver damage.
While the FDA eventually lifted the clinical hold, more safety concerns may eventually arise and, perhaps, disrupt nex-z's progress. Then there is the fact that Intellia Therapeutics develops gene-editing treatments that tend to be very expensive, making it hard to get health insurance companies on board, even when they are effective. This could eventually pose a problem once (if) Intellia Therapeutics launches its medicines.
Is Intellia stock a buy? Intellia Therapeutics' recent phase 3 clinical trial success, its other late-stage candidate, and its strong cash balance all make a good case for the stock. The biotech ended the first quarter with $517.2 million in cash and equivalents, but it also conducted a secondary common stock offering after the period ended, raising about $207 million in gross proceeds. Management thinks the company has enough cash to last until 2028, even without factoring in the money it will receive from lonvo-z, once it hits the market.
However, some of Intellia Therapeutics' success with lonvo-z may already be baked into the stock price, and its shares won't move much once it's approved -- they could even decline if long-term shareholders decide to take that opportunity to pocket some profits. Further, the stock will fall off a cliff if it encounters any issue with nex-z. These factors make Intellia a risky bet. My view is that the stock is unlikely to match Wall Street's price target over the next 12 months.
And although it may have even more upside than that over the next five years if nex-z aces its phase 3 studies, the risks related to a potential failure on that front make the stock suitable only for those comfortable with significant volatility.
Centrus Energy podepsala s americkým ministerstvem energetiky smlouvu na task order za 900 milionů USD; s opcemi má hodnotu 1,07 miliardy USD. Firma zároveň dokončila výrobu posledních 900 kilogramů HALEU UF6 před plánovaným termínem.
Total Enrichment Contract Valued at over $1 Billion, Including All Options
Completes Production of Additional 900 Kilograms of HALEU UF6 Ahead of Schedule
Prior Contract Extended for Three Months Ahead of Transition
, /PRNewswire/ -- Centrus Energy (NYSE: LEU) today announced that it has signed a contract to finalize the terms of the competitively-awarded, $900 million task order it received from the U.S. Department of Energy earlier this year. The award will support deployment of large-scale production capacity for High-Assay, Low-Enriched Uranium (HALEU) as part of Centrus' multi-billion-dollar capacity expansion that will include Low-Enriched Uranium (LEU) as well as HALEU.
"Today's announcement marks another milestone in our expansion, as we pivot from a technology demonstration contract to the new, larger contract aimed at commercial scale production," said Centrus President and CEO Amir Vexler. "The government's investment from this contract will be matched several times over with billions of dollars in capital, including other non-dilutive, non-debt funding as well as customer contracts to restore America's ability to enrich uranium at a large scale."
Transitioning from Demonstration to Commercialization
Centrus won a contract in 2019 to build a cascade of advanced centrifuges in Piketon to demonstrate HALEU production with U.S. technology. That demonstration contract was modified and extended in 2022 to allow for a longer period of HALEU production, and was previously extended through June 30, 2026. While Centrus and the Department have signed a three-month, $15 million extension for HALEU storage, Centrus has now completed all HALEU production called for under the existing demonstration contract. Production of the final 900 kilograms of HALEU UF6 required under that contract was completed in mid-June, two weeks ahead of schedule, with a cumulative total of more than 1,900 kilograms produced over the life of the contract.
With its large-scale expansion underway, Centrus is transitioning from the old demonstration contract to commercialization with the newer, larger enrichment contract. The first new capacity is expected to come online by 2029. In the interim, Centrus intends to privately operate the existing HALEU cascade on a commercial basis to begin supplying the near-term needs of its customers. Centrus is working with the Department on agreements to enable that transition, including a long-term lease extension for the American Centrifuge Plant in Piketon, Ohio.
The new, fixed-price HALEU Enrichment contract calls for Centrus to deploy commercial-scale HALEU production capacity in Piketon. It also includes options, at the Department's discretion, for up to $170 million in HALEU purchases for Departmental missions, the total contract value with all options included is $1.07 billion.
Modular Enrichment Capacity Build-Out
As previously disclosed, Centrus' modular enrichment capacity build out will based on customer demand and capital resources.
The initial build-out will include 12 metric tons of annual HALEU production capacity as well as capacity to meet Centrus existing LEU backlog of $2.4 billion. Subject to customer demand, Centrus can continue expanding production of HALEU and LEU to meet market requirements. Importantly, Centrus' expects the initial build-out to allow it to achieve nth-of-a-kind centrifuge manufacturing costs.
Centrus' multi-billion-dollar expansion project is expected to support thousands of American jobs, including:
1,000 construction jobs and 300 new operating jobs in Ohio, while retaining 150 existing jobs at the Piketon plant. 430 jobs at Centrus' centrifuge manufacturing plant in Oak Ridge, Tennessee, and hundreds of additional jobs across Centrus' nationwide network of suppliers. Thousands of indirect jobs in Ohio, Tennessee and across the country. The expansion is underpinned by public and private funding along with commercial contracts, a framework that includes: national security missions, third party investments such as prepayment, direct foreign investment, LEU and HALEU commercial contracts, and Centrus' strong capital position.
About Centrus Energy
Centrus Energy is a trusted American supplier of nuclear fuel and services for the nuclear power industry, helping meet the growing need for clean, affordable, carbon-free energy. Since 1998, the Company has provided its utility customers with more than 1,850 reactor years of fuel, which is equivalent to more than 7 billion tons of coal.
With world-class technical and engineering capabilities, Centrus is pioneering production of High-Assay, Low-Enriched Uranium and is leading the effort to restore America's uranium enrichment capabilities at scale so that we can meet our clean energy, energy security, and national security needs. Find out more at www.centrusenergy.com or follow us on LinkedIn and X.
Forward-Looking Statements:
This press release includes "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, which in this context means statements that express Centrus' opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, "forward-looking statements." The words "may," "will," "could," "should," "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "continue," "might," "possible," "potential," "predict," "project," "goal," "would," "commit," or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Centrus operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks, and uncertainties.
Particular factors that involve uncertainty and could cause our actual future results to differ materially from those expressed in our forward-looking statements and which are, and may be, exacerbated by any worsening of the global business and economic environment include but are not limited to the following: our ability to conclude negotiations with our customers, including the Department as it pertains to the potential agreements discussed herein; the war in Ukraine and other geopolitical conflicts; our government contracts, including related to changes to the U.S. government's appropriated funding levels for HALEU; the government's inability to satisfy its obligations, and our lease to our facility in Piketon, Ohio; whether or when government demand for HALEU or LEU for government or commercial uses will materialize and at what level; the impact and potential extended duration of a supply/demand imbalance in the market for LEU; significant competition from major LEU producers, including foreign competitors, who may be less cost sensitive then we are; limitations on our ability to compete in foreign markets; pricing trends and demand in the uranium and enrichment markets, especially in light of the potential of limited supply and our dependence on others for deliveries of LEU; and our ability to successfully implement our planned expansion projects in Piketon, Ohio and Oak Ridge, Tennessee.
Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. Readers are urged to carefully review and consider the various disclosures made in this news release and in our filings with the SEC, including our most recent Annual Report on Form 10-K, under Part II, Item 1A – "Risk Factors" in our subsequent Quarterly Reports on Form 10-Q, and in our other filings with the SEC that attempt to advise interested parties of the risks and factors that may affect our business. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.
