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EL PASO, Texas--(BUSINESS WIRE)--Helen of Troy Limited (NASDAQ: HELE) reported results for the three-month period ended May 31, 2026. Executive Summary - First Quarter of Fiscal 2027 Compared to Fiscal 2026 Consolidated net sales revenue of $402.1 million compared to $371.7 million Gross profit margin of 46.0% compared to 47.1% Operating margin of 15.0%, which includes the favorable margin impact of a gain on the sale of a distribution facility(3) of 13.6%, compared to (109.5%), which included. Live financial news intelligence
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2026-07-08 12:29
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Helen of Troy Reports First Quarter Fiscal 2027 Results | FMP Stock News | |
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2026-07-08 12:28
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2026-07-08 08:00
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Reynolds Consumer Products to Report Second Quarter Financial Results on July 29, 2026 | FMP Stock News | |
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LAKE FOREST, Ill.--(BUSINESS WIRE)--Reynolds Consumer Products Inc. (Nasdaq: REYN) (the “Company”) announced it will report second quarter financial results on Wednesday, July 29, 2026.The Company's President and Chief Executive Officer, Scott Huckins, and Chief Financial Officer, Nathan Lowe, will host a live webcast to discuss the results at 7:00 a.m. CT (8:00 a.m. ET) that same day. A link to the webcast and all related earnings materials will be available at https://investors.reynoldsconsume. |
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2026-07-08 12:27
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2026-07-08 06:48
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Domino's Pizza Stock Is Down 32% and Still the Dominant Player. Here's Why I'd Buy Now. | FMP Stock News | |
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It can prove psychologically difficult to buy a stock whose price has dropped, particularly when the market has been strong. A share price drop indicates the market has concerns.Determining their validity is where an investor can make smart decisions. If the company retains a strong market share and the long-term business prospects remain bright, it's a buying opportunity. Domino's Pizza (DPZ +2.36%) is in this exact position. The share price has dropped more than 32% over the last year, through July 2. That's well below the S&P 500's (^GSPC 0.45%) 20% gain. Today's Change ( 2.36 %) $ 7.23 Current Price $ 313.14 Here's why this market-dominant company's stock should bounce back strongly, offering significant upside. Image source: Getty Images. Expanding market share Domino's Pizza has the largest market share in the quick-service restaurant pizza category, with 23.3% of the U.S. market in 2025, up from 22.5% the previous year. It had leading 32.9% and 19.6% shares in delivery and takeout, respectively. Management wants to expand market share, too. With value pricing and convenience, it aims to gain share from competitors such as Pizza Hut, Papa John's International (PZZA +0.64%), and Little Caesars. Recent sales have been sluggish, however. First-quarter U.S. same-store sales (comps) grew 0.9%, and international comps dropped 0.4%. But it's important to remember that consumer spending has been squeezed by macroeconomic pressures, such as higher tariffs and energy prices. And competitor Papa John's International also saw sales struggle, with North American comps dropping 6.4% in the first quarter, although international locations saw a 3.6% increase. Expanding locations While Domino's waits for economic conditions to improve, management isn't sitting idle. It's pursuing expansion opportunities. In business since 1960, its focus on convenient, affordable offerings has certainly resonated with people. Over the last year, through the end of March, the company added 964 locations, bringing the total to over 22,300. The majority of additions, 790, were international restaurants. With 99% of its global restaurants franchised, Domino's can expand in a capital-efficient manner. That's because franchisees pay an up-front fee and an ongoing royalty (a percentage of sales) to Domino's. They also make initial investments to build the restaurant. Adding it up If there weren't broad economic issues affecting industry sales, I would be concerned about Domino's weak comps. While no one knows when consumers will feel better about their situation and increase discretionary spending, it will happen at some point. When it does, with Domino's leading market share, the company is in a prime position to see its sales rebound, and you can look for the shares to reward patient investors. |
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2026-07-08 12:27
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2026-07-08 07:42
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Top 50 High-Quality Dividend Growth Stocks For July 2026 | FMP Stock News | |
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HomeDividends AnalysisDividend StrategySummaryI track a curated universe of 50 high-quality dividend growth stocks to identify opportune entry points based on valuation and future return potential. Year-to-date through June, the investable universe returned 8.69%, trailing SPY (10.10%) and SCHD (17.50%), but several individual stocks outperformed significantly. Currently, 39 out of 50 stocks offer a forward return estimate of at least 10%, with 22 appearing potentially undervalued by my free cash flow model. My strategy emphasizes total return over yield, focusing on strong track records, attractive valuations, and robust future growth prospects. SmileStudioAP/iStock via Getty Images High-Quality Dividend Stock Investable Universe On September 1, 2024, I started tracking an investable universe of what I believe to be 50 high-quality dividend growth stocks. You can find out more about the formation of this investable universe 10.45K Followers Analyst’s Disclosure: I/we have a beneficial long position in the shares of aapl, acn, alle, amat, aph, ctas, dpz, eog, fast, fds, ggg, hd, hsy, jkhy, klac, lly, lrcx, ma, mktx, mpwr, msci, msft, nke, nxpi, odfl, payx, qcom, rmd, rol, rost, sbux, tjx, tsco, v, wso, wst, zts either through stock ownership, options, or other derivatives. 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. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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2026-07-08 12:26
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2026-07-08 06:00
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Happy Belly Food Group's Heal Wellness QSR Secures a Real Estate Location in North Oakville, Ontario | FMP Stock News | |
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Toronto, Ontario--(Newsfile Corp. - July 8, 2026) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging restaurant brands, is pleased to announce that further to its news release on June 15th announcing the signing of the largest Multi-Unit Franchise Agreement to date for 45 Locations Led by Alex Rechichi and Bedford Park Capital for Heal Wellness, the franchise group has now secured a real-estate location in North Oakville, Ontario, as they accelerate their openings through the remainder of 2026 and 2027. Heal Wellness ("Heal") is a fast-growing quick-service restaurant ("QSR") brand specializing in fresh smoothie bowls, açaí bowls, and smoothies, built around clean ingredients and a better-for-you lifestyle.North Oakville, Ontario, is a rapidly growing suburban market within the Greater Toronto Area, supported by strong residential development, expanding retail corridors, commuter traffic, and a growing base of families, professionals, students, and active lifestyle consumers. The community's continued growth, access to major transportation routes, proximity to established shopping and service nodes, and focus on connected neighborhoods, parks, trails, and community amenities create a compelling environment for Heal's convenient, better-for-you meals. With its mix of daily residents, commuters, young families, and health-conscious consumers, North Oakville offers a strong market for fresh smoothie bowls, açaí bowls, and clean-ingredient smoothies as part of an active, on-the-go lifestyle. "Securing a real estate location in North Oakville for one of our multi-unit franchisees further advances Heal's disciplined, asset-light growth strategy as the brand continues to expand across Ontario's high-growth urban and suburban markets," said Sean Black, Chief Executive Officer of Happy Belly Food Group. "This location reflects our continued focus on expanding Heal into strong, community-oriented markets with favorable demographic, lifestyle, and traffic fundamentals. North Oakville benefits from significant residential growth, strong retail fundamentals, and a well-balanced mix of families, professionals, commuters, and active lifestyle consumers seeking convenient, health-forward food options. These characteristics align well with Heal's functional, grab-and-go offering and support sustainable, long-term unit performance." "Heal Wellness continues to expand rapidly across Canada and into the United States, solidifying its position as a leading acai and smoothie bowl brand," said Sean Black. "With 43 locations now open and more than 165 in development, Heal remains a key driver of growth within Happy Belly's broader portfolio of 686 contractually committed retail franchise locations across multiple emerging brands in various stages of development, construction, and operation. We continue to build a predictable and disciplined growth engine designed to create long-term shareholder value." "We are just getting started", said Sean Black. About Heal WellnessHeal Wellness was founded with a passion and mission to provide quick, fresh wellness foods that support a busy and active lifestyle. We currently offer a diverse range of smoothie bowls and smoothies. We take pride in meticulously selecting every superfood ingredient on our menu to fuel the body, including acai smoothie bowls, smoothies, and super-seed grain bowls. Our smoothie bowls are crafted with real fruit and enriched with superfoods like acai, pitaya, goji berries, chia seeds, and more. FranchisingFor franchising inquiries please see www.happybellyfg.com/franchise-with-us/ or contact us at [email protected]. About Happy Belly Food Group Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company") is a leader in acquiring and scaling emerging food brands across Canada. Sean Black Co-founder, Chief Executive Officer Shawn Moniz Co-founder, President Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management. Cautionary Note Regarding Forward-Looking Statements All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Forward-Looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include the future performance of Happy Belly and her subsidiaries. Forward-Looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for Happy Belly described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis and other disclosure filings with Canadian securities regulators, which are posted on www.sedarplus.ca. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304366 Source: Happy Belly Food Group Inc. Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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2026-07-08 12:25
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2026-07-08 08:15
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What To Do After Ultra Clean Holdings Fell By Nearly 15% | FMP Stock News | |
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HomeStock IdeasLong IdeasTech SummaryUltra Clean Holdings (UCTT) is positioned as an attractive buy ahead of its upcoming Q2 report, despite recent profit-taking-driven stock volatility.UCTT reported Q1 revenue of $533.7M (+2.9% Y/Y) and non-GAAP EPS of $0.31, beating consensus, with strong quant and revisions grades signaling bullish momentum.Management expects robust Wafer Fab Equipment (WFE) demand, margin expansion, and capacity growth, supported by industry tailwinds and customer investments.A pre-earnings pullback, potentially driven by macro events, could offer a compelling entry point for investors seeking exposure to UCTT's growth trajectory.Looking for more investing ideas like this one? Get them exclusively at DIY Value Investing. Learn More » BlueJames/iStock via Getty Images On June 30, 2026, shares of Ultra Clean Holdings (UCTT) peaked at $144.22. The stock’s performance mirrored that of SanDisk (SNDK) and Micron Technology (MU). SNDK stock rose by 3,934% from 36.73K Followers Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within 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. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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2026-07-08 12:23
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2026-07-08 12:17
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L'Oréal, Nestlé či Mondelez. AI zrychluje vývoj šamponů či sušenek | Patria Stock News | |
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Umělá inteligence není jen záležitostí technologických firem. Čím dál více se začíná prosazovat také ve vývoji nových spotřebitelských produktů. Například francouzská kosmetická skupina L'Oréal využívá AI k vyhledávání nových možností využití molekul ve svých přípravcích a podle vedení firmy dokáže uvádět inovace na trh až čtyřikrát rychleji než dříve.Podle Fabrice Megarbanea, šéfa divize spotřebitelských produktů L'Oréal, společnost nasadila nástroje založené na AI ve výzkumných laboratořích před zhruba čtyřmi lety. Technologie pomáhá předvídat účinky jednotlivých látek na pokožku a vlasy, a tím urychluje hledání nových využití již známých ingrediencí. Jedním z výsledků je například využití molekul původně používaných v přípravcích péče o pleť při vývoji nového šamponu. Ten využívá kolagen k dosažení většího objemu a nadzvednutí vlasů. L'Oréal se na inovace zaměřuje o to intenzivněji poté, co skupina v minulých letech zaznamenala nejslabší tempo růstu tržeb za delší období. Generální ředitel Nicolas Hieronimus proto spustil program zaměřený na podporu vývoje nových produktů a posílení inovací. Agentura Reuters podotýká, že L’Oréal zdaleka není ojedinělým případem. AI při vývoji výrobků využívají i další velké společnosti ze sektoru rychlé spotřeby jako jsou třeba potravinoví giganti Nestlé a Mondelez nebo výrobce zubní pasty Sensodyne Haleon. Právě Mondelez označuje kombinaci lidské expertizy a AI za zásadní změnu ve vývoji nových produktů. Podle šéfa informačních a digitálních technologií Filippa Catalana umožňuje AI urychlit celý proces tvorby receptur a současně přijít s netradičními nápady (out-of-the-box). AI systémy ve firmě vytvářejí návrhy receptur, které následně posuzují odborníci. Vedle hledání nových chutí a složení mohou nástroje pomáhat také se snižováním závislosti na jednotlivých dodavatelích nebo s úpravami receptur podle měnících se preferencí zákazníků. Mondelez uvádí, že AI zároveň omezuje počet vzorků, které je nutné během vývoje fyzicky vyrobit a testovat. Technologie se podílela například na vývoji bezlepkových sušenek Golden Oreo nebo na úpravě receptury sušenek Chips Ahoy. V kategorii sušenek hned 60 procent receptů vytvořených pomocí AI nástroje přineslo lepší výsledky v oblastech jako jsou nutriční parametry, udržitelnost nebo výrobní náklady. „(Schopnosti AI) urychlují věci, které už můžete dělat, ale zároveň zkrátí čas z měsíců na týdny nebo z let na měsíce,“ řekl Reuters Catalano. |
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2026-07-08 12:23
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2026-07-08 12:20
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CSG dokončila transfer technologie výroby střelného prachu do polské společnosti MESKO | FIO Stock News | |
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8.7.2026 14:20, BAACSGSkupina Czechoslovak Group informovala o dokončení přenosu technologie výroby střelného prachu do společnosti MESKO. Podle české zbrojařské společnosti tím posiluje polské kapacity ve výrobě munice ráže 155 mm. Czechoslovak Group prostřednictvím své dceřiné společnosti dokončila přenos technologického know-how pro výrobu střelného prachu do společnosti MESKO S.A., která spadá do polské státní skupiny Polska Grupa Zbrojeniowa. Střelný prach bude využíván při výrobě modulárních prachových náplní pro dělostřeleckou munici ráže 155 mm. Díky dokončenému technologickému transferu know-how může být střelný prach nyní sériově vyráběn v závodě společnosti MESKO v Pionkách. Akcie CSG Akcie společnosti Czechoslovak Group (BAACSG) dnes na pražské burze odepisují 2,96 % na 337,9 Kč. Na RM-SYSTÉMu se akcie obchodují za 339,2 Kč. Zdroj: CSG Jakub Němec Fio banka, a.s. Prohlášení Související odkazy CSG oznámila založení nové americké dceřiné společnosti CSG: Tatra Trucks si zajistila financování od společnosti ovládané Michalem Strnadem CSG jmenovala Davida Jacobse prezidentem CSG Defense North America Společnosti Federal a Remington ze skupiny CSG získaly od FBI kontrakt v hodnotě 77,4 mil. USD CSG podepsalo dohodu o strategickém partnerství s ukrajinskou společností |
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2026-07-08 12:23
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2026-07-08 06:08
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$TNC Investment Loss: Tennant Investors that Lost Money after ERP System Issues Disclosed are Notified to Contact BFA Law about its Securities Fraud Investigation | FMP Stock News | |
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NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Tennant Company (NYSE:TNC) for potential violations of the federal securities laws.If you invested in Tennant, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/tennant-company-class-action-lawsuit. Key Details of the Tennant ($TNC) Class Action Investigation: Investigation Overview: Securities fraud related to Tennant’s implementation and rollout of its new, company-wide enterprise resource planning (“ERP”) systemStock Decline: February 24, 2026 – 23.4% Stock DropAction: Contact BFA Law to discuss your rights Why is Tennant Being Investigated for Securities Fraud? Tennant manufactures industrial cleaning equipment, including large mechanical floor scrubbers and sweepers used in warehouses, retail stores, and other commercial facilities. BFA is investigating whether Tennant made false and misleading statements to investors regarding the implementation and rollout of a large-scale ERP system. For instance, Tennant assured investors the project was “progressing as we’ve anticipated,” was “on time and on budget,” and that the launch of the ERP in its Asia-Pacific region had been “successful,” with Tennant stating it had “mitigated disruptions and stabilized operations.” Why did Tennant’s Stock Drop? On February 24, 2026, Tennant revealed that the rollout of its new ERP system in North America caused severe operational disruptions, including that it was unable to process and ship customer orders following the launch of the system. As a result, Tennant lost roughly $30 million in sales and would need to spend more than $20 million in 2026 to remediate the issues, compared to roughly $5 million the company had planned to spend. This news caused the price of Tennant stock to drop $19.28 per share, more than 23%, from a closing price of $82.30 per share on February 23, 2026, to $63.02 per share on February 24, 2026. Click here for more information: https://www.bfalaw.com/cases/tennant-company-class-action-lawsuit. What Can You Do? If you invested in Tennant, you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases/tennant-company-class-action-lawsuit Or contact: Adam McCall [email protected] 212.789.3619 Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.” Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com. https://www.bfalaw.com/cases/tennant-company-class-action-lawsuit Attorney advertising. Past results do not guarantee future outcomes. |
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2026-07-08 12:23
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2026-07-08 07:00
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Ceva, Inc. Schedules Second Quarter 2026 Earnings Release and Conference Call | FMP Stock News | |
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, /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP for the Smart Edge, will announce results for the second quarter 2026 on August 10, 2026 before the NASDAQ market opens.Following the release, Ceva management will conduct a conference call at 8:30 a.m. Eastern Time to discuss the operating performance for the quarter. The conference call will be available via the following dial in numbers: U.S. Participants: Dial 1-844-435-0316 (Access Code: Ceva) International Participants: Dial +1-412-317-6365 (Access Code: Ceva) The conference call will also be available live via webcast at the following link: https://app.webinar.net/P3eXEg0zQLb. https://app.webinar.net/ePpLk12BRaDhttps://app.webinar.net/GvAklQElMmjPlease go to the web site at least fifteen minutes prior to the call to register. For those who cannot access the live broadcast, a replay will be available by dialing +1 855-669-9658 or +1 412-317-0088 (access code: 9794488) from one hour after the end of the call until 9:00 a.m. (Eastern Time) on August 17, 2026. The replay will also be available at Ceva's web site at www.ceva-ip.com. About Ceva, Inc. Ceva powers the Smart Edge, bridging the digital and physical worlds to bring AI-driven products to life. Our Ceva AI fabric portfolio of silicon and software IP enables devices to Connect, Sense, and Infer – the essential capabilities for the intelligent edge. From 5G, cellular IoT, Bluetooth, Wi-Fi, and UWB connectivity to scalable Edge AI NPUs, AI DSPs, sensor fusion processors and embedded software, Ceva provides the foundational IP for devices that connect, understand their environment, and act in real time. With more than 21 billion devices shipped and trusted by 400+ customers worldwide, Ceva is the backbone of today's most advanced smart edge products - from AI-infused wearables and IoT devices to autonomous vehicles and 5G infrastructure. Our differentiated solutions deliver seamless integration into existing design flows, total flexibility to combine solutions based on design needs and ultra–low–power performance in minimal silicon footprint, helping customers accelerate development, reduce risk, and bring innovative products to market faster. As technology evolves toward Physical AI, Ceva's IP portfolio lays the foundation for systems that are always connected, contextually aware, and capable of intelligent, real-time decision-making. Visit us at www.ceva-ip.com and follow us on LinkedIn, X, YouTube, Facebook, and Instagram. Logo: https://mma.prnewswire.com/media/74483/ceva__inc__logo.jpg SOURCE Ceva, Inc. |
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2026-07-08 12:03
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2026-07-08 07:00
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Former Merck and NASA Leaders Bring Strategic Expertise to SpaceMD Amid Rising Demand for its In-Space Pharmaceutical Development Capabilities | FMP Stock News | |
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JACKSONVILLE, Fla.--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW), a global leader in aerospace and defense technology solutions, announced today it has appointed pioneering industry leaders Paul Reichert, former Principal Investigator at Merck Research Laboratories, and Niki Werkheiser, former Director of Technology Maturation at NASA's Space Technology Mission Directorate, to serve in strategic advisory roles at Space Microgravity Development LLC (SpaceMD), Redwire's venture company focuse. |
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2026-07-08 11:58
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2026-07-08 06:09
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Navitas stock is falling 9% today: what's spooking investors? | FMP Stock News | |
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Navitas Semiconductor stock NASDAQ:NVTS fell sharply in pre-market trading on Wednesday after Wolfspeed accused the company of infringing patents across several core power-chip product lines.The development adds a legal overhang to one of the market’s more volatile AI-linked semiconductor trades. NVTS was trading around $13.99, down about 8.2%, while some live feeds showed a steeper intraday fall of more than 9%. The selloff is sharp because Navitas is no longer viewed as just a small power-chip company and investors are pricing it as a potential winner from AI data-centre power upgrades. Wolfspeed lawsuit hits Navitas’ core growth storyThe immediate trigger is legal, as Wolfspeed said it filed a patent infringement lawsuit against Navitas in the US District Court for the District of Delaware on Tuesday. The wide-bandgap semiconductors manufacturer said that it was taking action to protect its gallium nitride and silicon carbide intellectual property. The complaint targets a broad range of Navitas products. Wolfspeed said the allegedly infringing products include Navitas’s GaN-based FETs from the GaNFast, GaNSlim and GaNSafe families, as well as its GeneSiC MOSFETs and SiCPAK modules. The company also named five US patents in the lawsuit. Wolfspeed CEO Robert Feurle said the company is “deeply committed” to defending intellectual property built over decades of innovation and research investment. He added that protecting Wolfspeed’s patent portfolio is a strategic priority for the company and shareholders. That does not mean Wolfspeed has won anything, but investors now have to price in uncertainty around possible damages, licensing costs, injunction risk and management distraction. Before the lawsuit, the bull case was gaining momentum. Needham analyst N. Quinn Bolton raised his Navitas price target to $21 from $13 and kept a Buy rating after the company’s results and guidance came in ahead of Street expectations. Bolton linked the improved outlook to Navitas’s pivot toward high-power markets, which is central to the AI data-centre story. Baird analyst Tristan Gerra also maintained a Buy rating and lifted his target to $20 from $4 in May. That large target hike reflected growing optimism that Navitas’s GaN and SiC products can play a bigger role in next-generation power systems. But the valuation had already become harder to ignore. Navitas had surged after its role in Nvidia’s MGX AI infrastructure initiative drew investor attention, with the stock up about 370% over the previous year and trading at roughly 137 times projected sales for the next 12 months. When a stock is priced for flawless execution, even a legal overhang can quickly become a valuation event. |
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Flix and Klarna Expand Partnership to Give Millions of Travelers Across the U.S. and Europe More Ways to Pay | FMP Stock News | |
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Flix and Klarna, the global digital bank and flexible payments provider, today announced an expanded partnership that brings more flexible payment options to m |
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World Cup 2026 Sees Physical AI in Action | FMP Stock News | |
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During the June 30, 2026, World Cup round of 32 match between France and Sweden at the 82,500-capacity MetLife Stadium, the logistical scale of a global mega-event was on full display. Moving 80,663 fans safely through a sprawling transit corridor and securing a massive open-air venue demands complex engineering. Underpinning the operation is a capital-intensive ecosystem of physical AI, advanced sensors, and automation software.Key Takeaways The 2026 World Cup is enabling host cities to invest into automated security and predictive traffic infrastructure. Ouster, Inc. (OUST) is utilizing digital 3D Lidar to dynamically manage game-day traffic surges. ROBO constituent Ondas Holdings (ONDS) is deploying “Cyber-over-RF” technology to actively hack and safely land rogue drones over host venues. Federal Mandates Driving Airspace Automation For investors, the 2026 World Cup is a live deployment of some of the technologies driving the next structural growth cycle within the ROBO Global Robotics and Automation Index (ROBO). Consider modern airspace management. The proliferation of commercial drones has turned open-air stadiums into security vulnerabilities, and counter-UAS (unmanned aircraft systems) authority now extends beyond federal agencies to state and local law enforcement and critical infrastructure operators. The federal government has committed roughly $365 million to drone-focused security for the tournament’s 104 matches, including $250 million through FEMA for the 11 U.S. host states and $115 million from DHS for counter-UAS technology at venues. Ondas Inc. (ONDS), a roughly 1.5% weight in the ROBO index’s Autonomous Systems subsector, is a direct beneficiary. Its Sentrycs subsidiary has secured contracts valued in the millions of dollars with federal, state, and local agencies, covering roughly 70% of the U.S. states hosting matches. Legacy security systems rely on indiscriminate signal jamming, which disrupts local municipal communications, or kinetic interception, which creates dangerous falling debris. Sentrycs bypasses these liabilities through its proprietary “Cyber-over-RF” technology, selectively hacking and assuming control of rogue drones and forcing an automated, safe descent. That precision makes it suited to dense, high-traffic security zones and supports a scalable software-as-a-service (SaaS) model. Shifting Municipal CAPEX: Upgrading Infrastructure With Lidar On the ground, municipal capital expenditures are shifting from reactive legacy traffic cameras to predictive, AI-driven sensor networks built to handle game-day surges. According to VettaFi index research, the June 2026 ROBO rebalance shifted weight toward physical AI, adding Ouster (OUST) on the strength of 52% revenue growth to $169 million in 2025. Host cities are deploying Ouster’s lidar-powered BlueCity platform at critical intersections around stadiums to manage severe vehicular and pedestrian bottlenecks. A scaled pure play in digital lidar following its Velodyne merger, Ouster operates on a single-chip CMOS architecture that collapses lidar’s moving parts onto silicon. The design delivers continuous cost-to-performance improvement, turning lidar from a luxury line item into an affordable solution for smart municipal infrastructure. By combining high-resolution 3D lidar hardware with edge computing, the system autonomously adjusts traffic grids based on real-time spatial data. Commercial adoption is accelerating: BlueCity ended 2025 contracted at nearly 700 sites, with Ouster’s Gemini perception platform live at roughly 550 more. Moving Beyond the Factory Floor The 2026 World Cup is one example of how automation is moving into public infrastructure, crowd logistics, and municipal security. For investors, the underlying developers of these sensing and orchestration technologies offer direct exposure to the broader physical AI megatrend across the ROBO index’s 11 subsectors. ROBO is the underlying index for the ROBO Global Robotics & Automation ETF (ROBO), the L&G ROBO Global Robotics and Automation UCITS ETF (ROBO.LN), and the Global X ROBO Global Robotics & Automation ETF (ROBO.AU). Related Research SpaceX: The AI IPO Wearing a Spacesuit Investing in the Exponential Humanoid Wave 2026 Robotics Update: The Physical AI Ecosystem Looking for regular updates? Subscribe here for weekly insights on robotics, AI, and healthcare technology, delivered straight to your inbox. For more news, information, and analysis, visit our Artificial Intelligence & Disruptive Technology Content Hubs. vettafi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for the ROBO ETFs, for which it receives an index licensing fee. However, the ROBO ETFs are not issued, sponsored, endorsed, or sold by VettaFi. VettaFi and its affiliates have no obligation or liability in connection with the issuance, administration, marketing, or trading of the ROBO ETFs. |
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SpaceX Just Made Its Biggest Acquisition Yet. Here's What It Means for the Stock. | FMP Stock News | |
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Just weeks after its initial public offering, Space Exploration Technologies (SPCX 6.83%), aka SpaceX, announced a major acquisition. The Elon Musk-founded space exploration and artificial intelligence (AI) company announced a further pivot toward the latter trend with its plans to acquire Anysphere, the developer of AI coding platform Cursor, in a $60 billion all-stock deal.So far, this announcement has had a limited impact on SpaceX's stock performance. Shares were pulling back around the announcement and just after, but have started to bounce back of late. Let's take a closer look and see what a deal could mean for SpaceX, which is arguably as much an AI stock as it is a space stock. Image source: Getty Images. Why SpaceX "had" to buy Cursor After exercising an option back in April, before it went public, SpaceX became obligated either to acquire Anysphere for $60 billion or else pay it a $1.5 billion termination fee and provide it with $8.5 billion in computing resources. Today's Change ( -6.83 %) $ -10.95 Current Price $ 149.47 But while SpaceX may have been more or less "obligated" to buy Cursor, the price tag may be far more reasonable than it appears at first glance. Given the rich valuation of SpaceX stock, even after its pullback, financing this as an all-stock deal costs existing investors fairly little in terms of dilution. Even if SpaceX prices the Cursor acquisition at its current stock price of around $164 per share, rather than the $200 per share or more it was trading at last month, that would mean a 365.9 million increase in the share count. Considering SpaceX's current diluted share count of just under 13.2 billion, this means dilution of less than 3%. Having said that, while Cursor's acquisition price may seem like small potatoes compared to the company's more than $2 trillion valuation, it could have a tremendous impact on SpaceX's status as an AI contender. A potential game changer, but it's still early Once the acquisition closes later this year, SpaceX can begin integrating Cursor's AI coding tool into its own xAI platform. In turn, this could make xAI a more formidable contender against competitors such as Anthropic's Claude and OpenAI's ChatGPT. Still, while it's a potential game changer, expect this deal to have a limited impact on the narrative for now. Why? For one thing, the deal's closing is months away, after which it will take time for SpaceX to integrate Cursor into its existing xAI ecosystem. Like other AI start-ups, Cursor also remains unprofitable. In the immediate term, this business will only add to SpaceX's overall losses. Moreover, even as this platform is one of the main names in the AI coding space and currently has reached over $2 billion in annual recurring revenue, the competition is heating up as rivals like Anthropic scale up their own AI coding products. In light of all this, count on catalysts related to other key SpaceX assets and projects, like Starlink and Starship, to have a greater impact on the stock's performance for a while. Right now, SpaceX remains extremely pricey, trading at over 820 times estimated 2027 earnings. As such, you may want to wait for shares to become much cheaper or for further bullish developments to emerge before you consider buying. |
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SpaceX Analysts Are From Mars, Investors Are From Venus | FMP Stock News | |
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Plus, the Iran ceasefire is ‘over.' |
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SpaceX Officially Joined the Nasdaq-100 and Received a $300 Price Target From Wall Street. Here's Why the Stock Is Falling Anyway. | FMP Stock News | |
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On July 7, Space Exploration Technologies (SPCX 6.72%) joined the Nasdaq-100 -- which is the 100 largest non-financial companies by market cap listed on the Nasdaq stock exchange. It also received a $300 price target from Morgan Stanley, one of the Wall Street banks that underwrote SpaceX's initial public offering (IPO).Being a part of a major index is more than just name recognition. Exchange-traded funds (ETFs) benchmarked to the Nasdaq-100, such as the Invesco QQQ Trust (QQQ 1.85%), will begin buying shares of SpaceX. The more indexes a company can be a part of, the more demand is unlocked from ETF inflows -- the crown jewel being the S&P 500 (^GSPC 0.45%), because the largest ETFs in the world are linked to it. Here's why SpaceX was added to the Nasdaq-100 so quickly, and why the growth stock is falling anyway. Image source: Getty Images. SpaceX will soon be a top holding in the Nasdaq-100 The Nasdaq's new fast-track rules are meant to expedite the inclusion of megacap companies that recently had IPOs. If a company is at least as valuable as the 40th-largest Nasdaq listing, which is a market cap of around $121 billion, it can now be added to the Nasdaq-100 after its 15th trading day. SpaceX has a market cap of around $2 trillion and is the world's seventh-most valuable company -- so it clears the size hurdle with ease. SpaceX went public on June 12, but markets were closed on Juneteenth (June 19) and July 3. So, it wasn't added to the Nasdaq-100 until over three weeks after its IPO. However, SpaceX's weight in the Nasdaq-100 isn't its market cap. Rather, it is based on a multiple of the float, which is the number of shares available for trading by the public. SpaceX's float is around just 5% of its market cap. But the float could increase rapidly in the coming months. The vast majority of SpaceX stock is held by insiders who bought in when the company was private -- including institutional investors from previous funding rounds, employees, and founders. SpaceX plans to gradually unlock early-release-eligible shares through a tiered system over the next 180 days, with 20% of shares available for trading two days after the release of its earnings for the quarter ended June 30, and up to 30% if SpaceX's stock price is at least $175.50 per share. More key unlocking events will occur throughout the summer and fall. And eventually, 100% of the early-release shares will be available for trading by Dec. 9 -- which is 180 days after the IPO date. Granted, not all insiders will sell their shares and make them available for trading on public markets. Elon Musk and other significant investors have agreed to hold shares for at least 366 days after May 20, the date of SpaceX's Form S-1 filing with the Securities and Exchange Commission. And many early founders still hold large positions in major tech companies, such as Musk in Tesla or Jeff Bezos in Amazon. Before the recently implemented fast-track process for larger IPOs, the Nasdaq-100 required a free float of at least 10%, meaning at least 10% of the company's shares are publicly tradable. SpaceX should cross that level even if a fraction of early-release-eligible shares are sold and made available on the Nasdaq in the coming months. If I had to guess, I'd expect SpaceX's weighting in the Nasdaq-100 to mirror its market cap by mid-August at the latest. Today's Change ( -6.72 %) $ -10.78 Current Price $ 149.64 The market is always evolving Once SpaceX is weighted by market cap, it will be a top-10 holding in the Nasdaq-100 and account for around 4% of the index. And as more blockbuster IPOs like Anthropic and OpenAI are fast-tracked into the index and reach the float requirements, they, too, could become key holdings. The rapid restructuring of the Nasdaq-100 has undoubtedly piqued the interest of index and ETF investors, especially those who regularly put their hard-earned savings to work in products benchmarked to the indexes. A common mistake investors will make is assuming that an index is diversified just because it contains hundreds or thousands of stocks. When in reality, the Nasdaq-100 and S&P 500 have become concentrated in a handful of names. And that concentration could increase as megacap IPOs are added. To stay even-keeled no matter what the market is doing, it's important to heed Peter Lynch's advice about knowing what you own and why you own it. That exercise is straightforward with individual stocks, where an investment thesis can anchor a key holding. But even for ETFs, it's worth recognizing some of the major themes and companies that will drive gains (or losses). By design, the major indexes can undergo drastic transformations as the economy evolves. A couple of decades ago, major oil companies, industrial conglomerates, and consumer goods companies dominated the largest S&P 500 and Dow Jones Industrial Average (^DJI 0.25%) companies. But the tech sector now makes up a staggering 38% of the S&P 500. And Alphabet just replaced Verizon Communications in the Dow -- meaning that seven of the 30 Dow components have changed seats in the last six years. SpaceX will continue making waves on public markets SpaceX's growing share of the indexes and lofty price targets from Wall Street banks have more to do with market dynamics than SpaceX's investment thesis. The recent sell-off in the stock is likely due to fading enthusiasm as investors focus more on SpaceX's fundamentals -- which are shaky given its valuation is in the stratosphere. For the stock to be a good long-term buy for new investors, SpaceX needs to make progress on its bold plans to launch constellations of orbital artificial intelligence compute satellites and build the world's largest chip manufacturing plant in Texas in partnership with Tesla. Until that happens, SpaceX is best kept on a watch list. And investors who want to avoid the stock entirely may want to double-check that the ETFs they hold don't begin buying SpaceX, especially as its float increases in the coming months. |
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SpaceX Just Joined the Nasdaq 100. For a 68-Year-Old With Index Funds in His IRA, It’s Silently Inflating the RMD Waiting at 73. | FMP Stock News | |
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© Ground Picture / Shutterstock.comPicture a 68-year-old retired engineer outside Columbus. He collects about $2,400 a month from Social Security, has roughly $900,000 in a traditional IRA, and most of that money sits in a Nasdaq-100 index fund he has held for a decade. He does not plan to touch the IRA until the government forces him to. Then a news alert crosses his phone. SpaceX (NASDAQ:SPCX), most recently carrying a market cap near $2.0 trillion, has been folded into the Nasdaq 100. His index fund quietly rebalances into it, and his IRA balance ticks higher. On one hand, that feels like positive news. On the other, it also sets up a tax bill he has not planned for. Retiree threads on investing forums keep circling this same worry. One recent post asking whether “the math isn’t mathing on the SpaceX IPO” pulled in more than 2,700 upvotes from readers wondering what a mega-cap addition means for retirement accounts. For someone five years away from required minimum distributions (RMDs), the answer matters more than most people realize. The Detail That Actually Drives His Tax Bill Required minimum distributions begin at age 73 under current law. The IRS takes his prior year-end IRA balance and divides it by a life-expectancy factor of roughly 26.5 at age 73. A bigger balance means a bigger forced withdrawal, taxed as ordinary income. Here is where Social Security enters. Once the RMD stacks on top of his other income, the IRS calculates provisional income. For a single filer, provisional income above $25,000 makes up to 50% of Social Security benefits taxable; above $34,000, up to 85% becomes taxable. Those thresholds have sat still since the 1990s and are not indexed to inflation. Concrete outlook: if a Nasdaq rally lifts his IRA from $900,000 to $1.1 million by the year he turns 72, his first RMD grows by roughly $7,500. On $28,800 a year in benefits, moving from the 50% zone into the 85% zone can add several thousand more in taxable income he did not have the year before. The rally he cheered at 68 silently cost him at 73. The Nasdaq 100 already ran up almost 18% year to date, so the balance inflation is not hypothetical. How the Pieces Connect That same larger RMD can also cross a Medicare IRMAA threshold. IRMAA uses a two-year lookback, so income reported at 73 sets Part B and Part D premiums at 75. One dollar over a tier can add several hundred dollars a year in surcharges. The five-year window between the ages of 68 and 73 is where most of the real magic happens. Inside a traditional IRA, he can rebalance out of a concentrated Nasdaq position without owing a penny in capital gains, because trades inside the IRA are not taxable events. He can also convert slices of the IRA to a Roth in lower-income years, paying tax now at a known rate to shrink the balance the RMD formula will eventually work from. Starting at 70.5, qualified charitable distributions can satisfy part of the RMD while keeping adjusted gross income lower. What to Think Through Before 73 A few decisions in this window carry more weight than the rest, and they only work if he acts while he still has years to spend. The mistake hardest to undo is coasting through the pre-RMD window. Once distributions start, the balance is what it is, and the tax torpedo fires on schedule. Partial Roth conversions in his late 60s and early 70s are the main lever, and they only work if he uses the years he still has. Every dollar of growth in a traditional IRA is pre-tax growth. When a name like SpaceX helps push the whole index higher, the government becomes a silent co-owner of that gain, and the bill lands through RMDs, Social Security taxation, and IRMAA at roughly the same time. Everyone’s numbers land differently, and a single detail like filing status, a pension, or a working spouse can flip which lever matters most. A short conversation with a tax-focused advisor before the first RMD year is usually the cheapest money a retiree ever spends. None of this makes SpaceX’s addition to the index a bad thing. A stronger index is good news for anyone holding it. The point is simply to make sure the growth works as hard for the retiree as it does for the tax code. Contact [email protected] for any questions or corrections. |
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It's Not Easy to Value SpaceX Stock. Here's How Wall Street Does It. | FMP Stock News | |
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SpaceX stock dropped 6.8% on Tuesday after being added to the Nasdaq-100 Index. (Michael Nagle/Bloomberg)Valuing Elon Musk’s rocket and artificial-intelligence company SpaceX might be as hard as developing reusable rockets. But with a bevy of new research reports, investors can see how Wall Street approaches the problem. |
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2026-07-08 11:46
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$100 invested in SpaceX stock at IPO is now worth | FMP Stock News | |
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For all the hype surrounding the SpaceX (NASDAQ: SPCX) initial public offering (IPO) and the company’s launch valuation, even investing $100 as soon as possible would have proven a middling investment.Specifically, SPCX shares were originally offered at $135 and are, at press time on July 8, trading at $149.52 following a 0.033% extended session rise. Under the circumstances, a $100 investment made already at the IPO would have risen to $110.76 for a $10.76 profit. SpaceX stock price one-week chart. Source: Google Investors who got their hands on SpaceX stock at the beginning of the equity’s first trading day – June 12 – would have seen their position remain effectively flat, while those who purchased on that evening would have lost $7 as the company ended the day at $160.95. Still, both groups would have been far more fortunate than those who took Jim Cramer’s amazement at the rally as a sign to buy – thus also joining Representative Dan Meuser – and purchased close to the all-time high (ATH) of $225.64. Indeed, such investors could only be pleased that they hadn’t invested $5,000 or $10,000 in the stock as SPCX shares retraced 33.74%, meaning that $100 would have turned into $66.26 for a $33.74 unrealized loss. What is next for SpaceX stock price in 2026 Elsewhere, the future of SpaceX appears increasingly uncertain at press time on July 8. Since the IPO, the company’s extreme launch valuation of $1.77 trillion, paired with revenue below $5 billion and the fact that the firm is operating at a loss, presented a substantial long-term risk factor. More recently, investors might have found themselves alarmed by the fact that SPCX shares failed to see a significant rally even after their official inclusion into the Nasdaq-100 – though it will likely take some time for buying pressure from index funds to be fully reflected in the market. Nonetheless, even if a renewed rally begins in July as many have been expecting since before the SpaceX launch, the company’s generous unlocking schedule for wealthy insiders could reverse Elon Musk’s corporate rocket once more in August or September. Featured image via Shutterstock Best Crypto Exchange for Intermediate Traders and Investors Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals. 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees. Copy top-performing traders in real time, automatically. eToro USA is registered with FINRA for securities trading. 30+ million Users worldwide eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more. Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer! |
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Apple to increase spend with Broadcom to produce billions more U.S. chips | FMP Stock News | |
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CUPERTINO, Calif.--(BUSINESS WIRE)--Apple® today announced a new multiyear commitment with Broadcom to design and produce custom silicon components and cutting-edge wireless connectivity technologies for a wide range of Apple products. The new agreement, expected to exceed $30 billion, will lead to the production of more than 15 billion U.S.-made chips and support hundreds of American jobs. Apple has been working with the administration and businesses across the U.S. to help create an end-to-en. |
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French antitrust watchdog orders Meta to resume talks with media groups over publishing fees | FMP Stock News | |
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France's competition authority on Wednesday ordered Meta Platforms to resume talks with French media groups over payments for publishing content, after the publishers complained following the collapse of previous negotiations. |
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2026-07-08 11:46
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2026-07-08 06:52
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Wall Street predicts Tesla stock price for next 12 months | FMP Stock News | |
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In contrast to most other recent Wall Street analyst notes, RBC Capital’s Tom Narayan upgraded his outlook for Elon Musk’s electric vehicle (EV) company, Tesla (NASDAQ: TSLA), on July 7.Specifically, the institutional expert assigned a ‘Buy’ rating for TSLA stock while increasing his 12-month price prediction from $475 to $500. Notably, while the analyst estimated that the ‘Robotaxi’ represents a robust opportunity with a $4.2 trillion total addressable market, it would appear much of the lift can be attributed to a potential SpaceX (NASDAQ: SPCX) acquisition scenario. Elon Musk has been implementing something of a company rollup as part of which his artificial intelligence (AI) company, xAI, acquired his social media firm, X, before itself getting bought by SpaceX ahead of the record-breaking initial public offering (IPO). The process, started in earnest early in 2025, led some observers to speculate that the trillionaire’s biggest two companies could soon merge as well. RBC Capital offers rare July bullish outlook for Tesla stock Elsewhere, RBC Capital’s note appears to have followed a different approach from most other Wall Street analysts. Out of the five notable revisions provided in July, four – all except for Narayan’s – positioned Tesla stock as a ‘Hold.’ Among them, Morgan Stanley’s (NYSE: MS) Andrew Percoco was the most bearish, having forecasted TSLA shares would stand at $415 in 12 months on July 6, while JPMorgan’s (NYSE: JPM) Rajat Gupta was the most optimistic of the ‘Neutral’ experts with a $475 forecast on July 7. The overall souring of the mood can arguably be attributed to an overall decline in Tesla’s core car business, shifting goalposts for the ‘Robotaxi,’ and the overall downward stock market performance of the EV maker in 2026. Specifically, TSLA shares are, at their latest closing price of $402.90, 8.03% down year-to-date (YTD). Tesla stock price YTD chart. Source: Google Analysts set Tesla stock price target for the next 12 months Lastly, the overall July balance of ratings is largely in line with the wider Wall Street attitude toward Elon Musk’s car company. Tesla is generally considered a ‘Hold’ by institutional analysts, with 15 out of the 28 experts who voiced their opinions in the last three months seeing it as such. Wall Street sets Tesla stock price target for the next 12 months. Source: TipRanks Additionally, TSLA stock is, on average, expected to retrace 0.79% to $399.71 in the next 12 months, per the data Finbold retrieved from TipRanks on July 8, 2026. Featured image via Shutterstock Best Crypto Exchange for Intermediate Traders and Investors Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals. 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees. Copy top-performing traders in real time, automatically. eToro USA is registered with FINRA for securities trading. 30+ million Users worldwide eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more. Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer! |
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2026-07-08 11:46
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2026-07-08 07:11
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How A 2.5% Yield Can Turn Into A Retirement Paycheck That Keeps Growing | FMP Stock News | |
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This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.© Volodymyr TVERDOKHLIB / Shutterstock.com The average American household spent $78,535 in 2024, according to the latest Bureau of Labor Statistics Consumer Expenditure Survey. Round that to $80,000, and you have a useful starting point for the retirement paycheck many households may need to replace. Gross salary can overstate the target because it includes payroll taxes, retirement contributions, and expenses that may fall after retirement. What that paycheck costs upfront depends heavily on the yield you choose. The bigger issue is what that yield does to income, principal, inflation protection, and taxes over a long retirement. The Three Yield Tiers, Priced In Capital A conservative 2.5% starting yield from a basket of Johnson & Johnson (NYSE: JNJ), Procter & Gamble (NYSE: PG), Coca-Cola (NYSE: KO), McDonald’s (NYSE: MCD), and Lowe’s (NYSE: LOW) requires $80,000 divided by 0.025, or $3.2 million in capital. Recent yields cluster near that range: about 2.1% for JNJ, 2.9% for PG, 2.6% for KO, 2.8% for MCD, and 2.3% for LOW. You are buying a stream of raises that may grow into the paycheck. The moderate tier of 5% to 7% cuts the capital requirement sharply. Realty Income (NYSE: O), at a recent yield of about 5.2%, would require roughly $1.55 million to produce $80,000 in annual income. Preferred shares, net-lease REITs, and lower-leverage business development companies can cluster here. The trade-off is growth: Realty Income’s monthly dividends paid per share rose 1.8% year over year in the first quarter of 2026. The aggressive tier of 8% to 14%, populated by mortgage REITs, leveraged covered-call funds, and high-yield bond funds, can replace $80,000 on $800,000 at a 10% distribution. Principal can erode, and distributions can get cut in downturns. In weaker cases, part of the apparent income may function like a slow liquidation of the asset itself. Why The Smallest Yield Wins Over Time Johnson & Johnson’s quarterly dividend rose from $0.25 in 1999 to $1.34 in 2026. Lowe’s lifted its quarterly payout to $1.25 in 2026, up from a much smaller payout in 1999. Those are the kinds of dividend-growth records that make low starting yields more interesting than they look on day one. Coca-Cola raised its quarterly dividend from $0.51 to $0.53 in 2026, marking its 64th consecutive annual dividend increase. Procter & Gamble raised its dividend for the 70th consecutive year in 2026 and has paid a dividend for 136 consecutive years since its incorporation in 1890. JNJ also stands at 64 consecutive years of dividend increases. A static 10% distribution that never grows still pays $80,000 in year 30. With the CPI-U at 335.123 in May 2026, up 4.2% over the prior 12 months, that flat paycheck loses purchasing power when inflation persists. Run the math the other direction: $3.2 million yielding 2.5% today pays $80,000. Grow that distribution 8% annually, and the income roughly doubles in nine years and reaches about $373,000 by year 20. The 10-year Treasury, recently around 4.4%, is the baseline for comparing income risk. It still carries inflation risk and price risk if sold before maturity, but yields far above it usually require taking equity risk, credit risk, leverage risk, or some combination of the three. The question is which risk compounds in your favor. A Better Check Before You Commit Capital Reprice retirement against actual spending. A household earning $130,000 may need to replace closer to $80,000 once payroll taxes, savings contributions, and a paid-off mortgage drop out. The personal saving rate was 4.4% in January 2026 and 3.5% in March, according to BEA data reported by FRED, which is a reminder that many households need to measure spending directly rather than rely on salary. Run a total-return comparison before chasing yield. Compare a dividend-growth basket against a 10%-plus distribution fund over the same period, with dividends included. Total return includes price, and a high payout can still leave an investor worse off if the principal erodes. If retirement is within five years, map the tax treatment by tier. Qualified dividends from U.S. corporations generally receive long-term capital gains rates of 0%, 15%, or 20%, assuming holding-period rules are met. REIT, BDC, MLP, and bond-fund income can be taxed differently, so the same $80,000 of pre-tax income may land very differently in a brokerage account versus an IRA. The Best Yield Is the One That Can Last The goal is not to make a low yield look exciting or a high yield look reckless. The goal is to understand what each income stream is asking you to accept. A 2.5% portfolio requires far more capital, but it may give income room to grow. A 10% portfolio solves the first-year math, but it leaves less margin for cuts, inflation, and principal erosion. Retirement income has to work beyond year one. Contact [email protected] for any questions or corrections. |
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SpaceX Is Down 30% From Its Peak. These 3 Stocks Let You Play the Same Themes. | FMP Stock News | |
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Space Exploration Technologies (SPCX 6.72%), also known as SpaceX, was one of the most hotly anticipated IPOs of the year. But while the stock got off to a strong start, it is now trading about 30% off its highs and faces numerous future stock lock-up expirations that will release more shares into the market. Meanwhile, the company's $2 trillion valuation is based on potential future endeavors that are largely unproven, such as launching data centers in space.Let's look at three stocks that play on the same themes that could be better buys. Image source: Getty Images. 1. Amazon One of the companies pursuing a similar path to SpaceX is Amazon (AMZN +0.84%). The company's satellite internet service, Leo, will be offered later this year, directly competing with SpaceX's current main profit-driver, Starlink. Its pending acquisition of Globalstar will also give it critical spectrum and device-to-device capabilities. This should let it not only offer high-speed internet, but also act as a fallback layer for cellular carriers for voice, text, and data when their customers hit dead zones while traveling. It already has a deal in place with Apple to provide satellite services for future iPhones and Apple Watches. Today's Change ( 0.84 %) $ 2.06 Current Price $ 246.22 SpaceX is also very much a cloud computing company at this point, and Amazon remains the largest cloud provider in the world. This business has been seeing revenue growth accelerate, and Amazon has a nice cost advantage through its own chips. Amazon is also a leading robotics company, something SpaceX-affiliated Tesla is aggressively pursuing. 2. Alphabet One of SpaceX's big bets is on artificial intelligence (AI), which it views as its largest opportunity. Before its IPO, it merged with xAI, the maker of Grok, and, after its IPO, it acquired Anysphere, the parent company of the AI code-generation platform Cursor. However, SpaceX is widely considered behind in this area compared to Anthropic, OpenAI, and Alphabet (GOOGL +0.25%) (GOOG 0.35%). Today's Change ( 0.25 %) $ 0.91 Current Price $ 367.37 Of the three, Alphabet is the only one that is publicly traded, and it has strong advantages in the space. Its Gemini model is consistently considered one of the best foundational AI models, while its top-tier Tensor Processing Units (TPUs) give it a cost advantage in both training and inference. And while SpaceX uses the social media platform X as a distribution platform for Grok, Alphabet has Google Search. Plus, in a bit of an under-the-radar project, Alphabet is also looking to create a constellation of solar-powered satellites powered by TPUs through its Project Suncatcher. It is looking to develop TPUs that can withstand cosmic radiation and has projected that the cost of a space-based data center could be similar to land-based data centers by the mid-2030s. 3. AST SpaceMobile Another company competing with SpaceX in the satellite internet realm is AST SpaceMobile (ASTS 7.97%), which Alphabet holds a stake in. However, the two companies are taking different approaches. While SpaceX is trying to win with the sheer scale of its cheaper, low-orbit satellite constellation, AST is using more expensive satellites with higher bandwidth per satellite and larger antennas that can potentially support faster data rates. Today's Change ( -7.97 %) $ -6.43 Current Price $ 74.21 Its business model is built around direct-to-cell services, and it has formed partnerships with many of the world's top mobile providers, including AT&T, Verizon, and Vodafone. This allows it to provide both high-bandwidth internet and voice calls directly on unmodified phones. Image source: Getty Images. Better options than SpaceX SpaceX has captured the minds of investors, as Elon Musk-backed companies often do. However, it is not the only company pursuing space-based ventures. With Amazon and Alphabet, investors are getting two megacap companies that produce tremendous operating cash flow that they can use to pursue these projects, while their current valuations don't reflect any potential upside from these ventures. Meanwhile, with a $33 billion market cap, AST could have more upside potential given its smaller size and the significant operating leverage it could see as revenue scales. SpaceX is not the only game in town, and these three stocks look like better options in my view. |
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Amazon apology after breastfeeding boss barred from business course | FMP Stock News | |
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Amazon has issued an apology after a company boss was told she could not take her breastfed baby to a business course. |
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5 Top Artificial Intelligence (AI) Stocks for the Second Half of 2026 | FMP Stock News | |
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Artificial intelligence (AI) investing has been a winning investment theme during the past four years. Since the AI build-out kicked off in 2023, several of these stocks have been major winners. However, 2026's winners have been a bit more selective, with some companies doing incredibly well, while others are not doing as well.Overall, I think the AI investment picture is still strong, and this theme will dominate the market for the rest of 2026, into 2027, and beyond until at least 2030. That means some of these stocks will be able to go much higher. If you're looking for which AI stocks are the best buys for the rest of 2026, I think this list is a great place to start, as they could go higher still. Image source: Getty Images. Micron Micron (MU 5.25%) may seem like an odd one to include on this list, in part because its stock has more than tripled this year. However, demand for Micron's core products, NAND and DRAM memory chips, is off the charts, and it doesn't expect market conditions to change through the calendar year 2027. That means Micron can continue to deliver unprecedented growth and thrive from the lack of memory chip supply. Today's Change ( -5.25 %) $ -51.65 Current Price $ 933.10 Micron's stock only trades for 13.6 times this year's earnings and 6.6 times next year's earnings, so buying today could lock in major returns by the end of 2027 if tightness in the memory chip market persists. Nebius Nebius (NBIS 8.30%) has also had a strong year on the back of downright incredible growth. Nebius is a neocloud provider, which means it focuses on AI-first cloud computing. Demand for its product has been insatiable, and it delivered 684% revenue growth in Q1. Wall Street analysts expect another strong quarter in Q2, with 459% growth anticipated. Today's Change ( -8.30 %) $ -17.68 Current Price $ 195.34 For 2026 and 2027, Wall Street projects 544% and 234% revenue growth. With this tiny company rapidly expanding into an AI computing giant, now is the perfect time to jump on the shares, because if the AI build-out lasts through the end of this decade, Nebius has a lot higher to go. Nvidia Nvidia (NVDA +0.62%) has been the top AI stock pick since 2023, and nothing has changed since then. The industry still relies on its graphic processing units (GPUs), and Nvidia's revenue was forecast to double year over year in Q2. However, the stock has gone on sale, and it's down about 17% from its all-time highs. Today's Change ( 0.62 %) $ 1.22 Current Price $ 196.77 Buying opportunities don't come around all that often for Nvidia stock, and now is the perfect time to load up on the shares, especially with its price tag at about 22 times forward earnings -- a good deal less than the S&P 500 (^GSPC 0.45%). Microsoft Next is Microsoft (MSFT +0.59%), which has had a terrible run during the past year. It has fallen about 30% from its all-time highs, leading many investors to believe that its AI strategy isn't panning out. However, with a 27% stake in OpenAI (projected to go public later this year at a valuation of more than $1 trillion), its AI business producing an annual recurring revenue of $37 billion growing at a 123% pace, and a 40% cloud computing growth rate, I think it's safe to say that Microsoft is doing just fine. However, its stock is dirt cheap at 20 times forward earnings. MSFT PE Ratio (Forward) data by YCharts With it being far cheaper than the S&P 500 and growing at a solid pace, I think it's the perfect stock to buy now. Meta Platforms The market hasn't been kind to Meta Platforms (META +2.59%) either, as investor focus on the huge amount of money Meta is spending on AI without accounting for the tremendous growth its ad business has delivered. In Q1, Meta's revenue rose 33%, yet the stock has been pretty steady off its all-time highs. Meta is down about 25% from its all-time high, and also trades for a cheap price tag like Microsoft. META PE Ratio (Forward) data by YCharts At just 18 times forward earnings, Meta looks like an incredible bargain, and could be a strong candidate to be a top-performing AI stock in the second half of 2026 as the market comes around to its AI plan. |
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3 Growth Stocks to Buy and Hold Forever | FMP Stock News | |
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The idea of buying and holding stocks forever can feel a bit cliché at times. The reality is that it's extraordinarily difficult to find stocks worthy of permanent spots in your portfolio. It's even more challenging when you apply that to growth stocks, which investors often find in emerging industries where it's uncertain which companies will lead or for how long.That said, there's no harm in doing the exercise. After all, there aren't any rules against selling later on if things don't work out. In the meantime, this mindset will hone your focus on looking for the very best companies the market has to offer. Ready to start? Already ahead of you. Nvidia (NVDA +0.62%), Microsoft (MSFT +0.59%), and Meta Platforms (META +2.59%) jump off the page as entrenched tech stalwarts with significant artificial intelligence (AI) growth potential, which might ultimately be one of the biggest investment opportunities of this generation. Image source: Getty Images. Nvidia is entrenched as the gold standard of AI compute Once the data center supercycle began, Nvidia's graphics processing units (GPUs) quickly became the de facto chips for training AI models. That continues and has made Nvidia the world's largest tech company in the process. Although competition from custom silicon chips has crept in, it hasn't derailed Nvidia's blistering growth. CEO Jensen Huang has noted that Nvidia anticipates more than $1 trillion in orders through next year for its flagship Grace Blackwell and upcoming Vera Rubin chip platforms. Today's Change ( 0.62 %) $ 1.22 Current Price $ 196.77 Eventually, the data center boom will slow. But Nvidia will likely remain a top AI stock because of all the directions it can still go as AI investment and innovation expand beyond data centers. Nvidia has its sights set on physical AI, with software and hardware ecosystems built for autonomous vehicles and humanoid robotics. The company recently expanded its partnership with Palantir Technologies to give the U.S. government and other critical tech infrastructure operators access to Nvidia's GPUs and open-source AI models on Palantir's application software. In the meantime, Nvidia is raking in billions of dollars in cash flow from its GPU sales, and that figure is rising quickly as Nvidia's explosive growth continues. Jensen Huang had Nvidia ready to dominate the AI market from day one, so it's difficult to bet against him as he guides Nvidia into an exciting but volatile AI future. Microsoft has the inside track on AI at the enterprise level You can't stay atop the tech world without evolving. Microsoft has continued to learn new tricks over the years, from personal computer software to cloud computing and AI, all while its legacy products remained relevant and continue to have strong pricing power. Today, countless companies, from small businesses to massive corporations, depend on Microsoft's software products and cloud computing services in one form or another. Today's Change ( 0.59 %) $ 2.30 Current Price $ 389.04 Microsoft's various offerings make it a one-stop shop for enterprises, creating powerful network effects. Is Microsoft always the best at everything? No, but it's often easier and cheaper for enterprises to use whatever Microsoft offers than to go outside the ecosystem to another vendor. Like with other previous innovations, Microsoft has an inside track to sell AI technology, as it can simply roll it out to customers. Admittedly, Microsoft's AI app, Copilot, has struggled to gain traction. But the company is pivoting after initially relying too heavily on its partnership with OpenAI. Microsoft's entrenched advantages are powerful, so when the smoke clears, it shouldn't surprise anyone if the company does just fine with AI. Despite the criticisms, Microsoft's Azure currently has $625 billion in commercial remaining performance obligations, suggesting the business is doing just fine. Meta Platforms is an advertising juggernaut built on social media dominance There aren't many publicly traded monopolies you can invest in, but Meta Platforms might be one of them. Its social media apps, Facebook, Instagram, WhatsApp, and Threads, combine for 3.56 billion daily active users. This massive user base generates a ton of first-party data that Meta leverages to serve ads, a highly lucrative business model that continues to grow by leaps and bounds. Today's Change ( 2.59 %) $ 15.56 Current Price $ 615.85 Co-founder Mark Zuckerberg is still the CEO and is only 42 years old, a rarity for such a successful company. Mark Zuckerberg swings for the fences. It doesn't always work -- just look at Reality Labs -- but he also acquired Instagram and WhatsApp. The company's all-out push into AI has strengthened its core advertising business while opening new growth opportunities in cloud computing and AI glasses. Meta Platforms isn't a stock for everyone. Its social media apps have attracted criticism and lawsuits for their addictive nature. Despite all that, Meta Platforms is such a strong advertising company that it can afford huge mistakes and still deliver double-digit growth year in and year out. That's a business worth buying and holding, especially with such seasoned but young leadership. |
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MSFT Investment Loss: Microsoft Investors that Lost Money after Copilot Functionality Issues Disclosed are Notified to Contact BFA Law about the Filed Securities Fraud Class Action | FMP Stock News | |
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NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Microsoft Corporation (NASDAQ:MSFT) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.If you invested in Microsoft, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit. Key Details of the Microsoft ($MSFT) Class Action: Lead Plaintiff Deadline: August 11, 2026Alleged Misconduct: Securities fraud alleging that Microsoft misled investors regarding its Azure cloud computing platform and AI chatbot CopilotStock Drop: January 28, 2026 – 10% Stock DropCourt: U.S. District Court for the Western District of WashingtonAction: Contact BFA Law to discuss your rights Investors have until August 11, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Microsoft common stock. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned City of St. Clair Shores Police and Fire Retirement System, et al., No. 26-cv-02071. Why is Microsoft Being Sued for Securities Fraud? Microsoft is a multinational technology company that develops software, cloud services, and devices. In recent years, Microsoft’s cloud computing platform named Azure has been Microsoft’s main growth driver. A key reason for Azure’s recent growth is Microsoft’s multi-billion-dollar investment into AI, including the development of its own generative AI chatbot named Copilot. According to the complaint, during the relevant period, Microsoft consistently touted Copilot’s best-in-class capabilities, which purportedly drove widespread and growing user adoption. Copilot’s apparent success allowed Microsoft to report surging Azure-related revenue. As alleged, in truth, Copilot suffered from severe functionality issues that caused user adoption to decline and put Microsoft’s Azure revenue at risk. Why did Microsoft’s Stock Drop? On January 28, 2026, Microsoft announced disappointing 2Q 2026 financial results and that Azure growth had slowed suddenly. Microsoft also allegedly revealed for the first time that the number of Microsoft 365 Copilot premium customers totaled only 15 million, materially below analyst estimates. This news caused the price of Microsoft common stock to decline $48.13 per share, or 10%, from $481.63 per share on January 28, 2026, to $433.50 per share on January 29, 2026. Additionally, on February 3, 2026, The Wall Street Journal reported in an article titled “Microsoft’s Pivotal AI Product Is Running Into Big Problems” that severe challenges and functionality issues had plagued Copilot, causing the application to lose market share. Specifically, The Wall Street Journal reported that “[c]onfusing brand positioning and interoperability problems have frustrated users.” Click here for more information: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit. What Can You Do? If you invested in Microsoft, you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit Or contact: Adam McCall [email protected] 212.789.3619 Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.” Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com. https://www.bfalaw.com/cases/microsoft-class-action-lawsuit Attorney advertising. Past results do not guarantee future outcomes. |
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The Dividend Growth Formula That Turns $500,000 Into a Six-Figure Income Stream | FMP Stock News | |
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This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.© Mix and Match Studio / Shutterstock.com Turning $500,000 into $100,000 of annual income requires a 20% yield, and no durable, diversified income portfolio should be built around that assumption. Anyone quoting a number that high is usually taking on extreme risk, relying on leverage, or handing back some of your own capital. The dividend-growth formula solves a different equation. It accepts a smaller paycheck today in exchange for the possibility of a much larger one in 10, 20, or 30 years. Why $500,000 Cannot Produce Six Figures Today The equation is fixed: income target divided by yield equals capital required. Run it at three realistic tiers and the shortfall on $500K is obvious. Conservative (3% to 4%): Blue-chip dividend growers and broad equity income. $100,000 divided by 0.035 equals about $2.86 million; at 4%, $2.5 million. Diversified and durable, but $500K produces roughly $17,500 in year one. Moderate (5% to 7%): REITs, preferred shares, midstream energy partnerships, covered-call funds. $100,000 divided by 0.06 equals about $1.67 million. Distribution growth slows or stalls, and inflation gnaws at real income. Aggressive (8% to 14%): Business development companies, mortgage REITs, leveraged option-income vehicles. $100,000 divided by 0.10 equals $1 million; at 12%, roughly $833,000. Principal frequently erodes, and cuts arrive first in downturns. The 10-year Treasury near 4.4% pays about $22,000 on $500K, risk-free. That is the realistic starting point. Every path to six figures from here runs through time, not yield. The Compounding Math of Rising Payouts A 3.5% starting yield growing 8% per year doubles the income in roughly nine years, quadruples it in eighteen, and pushes yield-on-cost above 15% around year twenty-five. Reinvest dividends along the way and the curve bends steeper. The meaningful number is the growth rate of the payout multiplied by the years you hold it. The historical record on real payers makes this tangible. Johnson & Johnson (NYSE:JNJ | JNJ Price Prediction) paid a Q1 dividend of $0.33 in 2006 and $1.30 in Q1 2026, with 27+ consecutive years of increases visible in the data. Procter & Gamble (NYSE:PG) went from a $0.285 quarterly dividend in Q1 1999 to $1.0885 in Q2 2026, its 70th consecutive annual raise. McDonald’s (NYSE:MCD) raised its quarterly payout from $0.375 in early 2008 to $1.86 in 2026. Investors who bought any of these two decades ago now collect a yield-on-cost that dwarfs anything a covered-call fund offers. Where the Formula Points Next The low-yield, high-growth end of the spectrum matters as much as the aristocrats. Microsoft (NASDAQ:MSFT) yields only 1%, yet the quarterly dividend rose from $0.39 in 2017 to $0.91 by late 2025. Visa (NYSE:V) yields roughly 0.8% and has raised the payout every year since 2008, most recently to $0.67 quarterly. Optically underwhelming today, mathematically dominant on a twenty-year horizon. Blend a small allocation of names like these with a larger core of aristocrats and $500K can plausibly generate a six-figure real income stream by the time an early-fifties saver reaches their mid-seventies, especially with reinvestment during the accumulation phase. Three Steps Before You Build the Portfolio Calculate actual spending, not gross salary. Per-capita disposable personal income was $68,391 in Q1 2026, according to BEA data reported through FRED, but that is a national per-person average, not a household retirement target. Many households need to replace less than a $100,000 paycheck once payroll taxes, retirement contributions, and work-related costs disappear. Compare total returns of a dividend-growth fund against a 10%-yielding option-income fund over the same period. Include reinvested dividends, taxes, payout changes, and ending net asset value. The high-yield product may look better at first, but the decade-long result depends on whether its payout is supported by durable earnings or offset by NAV erosion. Model the tax drag at each tier. Qualified dividends from many dividend-growth stocks may receive lower federal rates when IRS holding-period rules are met. BDC and mortgage REIT distributions are often largely ordinary income, though tax character can vary by year. That matters more when CPI is already up 4.2% over the 12 months ending in May 2026. $500,000 can still become a six-figure income machine, but not by pretending a 20% yield is normal. The realistic path is a long runway, reinvestment, and a portfolio of companies that can keep raising the check. The first year may look disappointing. The real payoff is what the income stream can become after years of compounding. Contact [email protected] for any questions or corrections. |
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Alibaba Stock Leads China AI Rally, Just as U.S. Tech Stumbles | FMP Stock News | |
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Investors are pivoting to AI chatbot developers after a monthslong spell of dominance for memory-chip makers like Micron and SK Hynix. |
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Cathie Wood Buys $7 Million of SpaceX Stock After Unloading Alibaba | FMP Stock News | |
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There are some investors out there who like to keep a close eye on Cathie Wood investments. Many of the technology-focused exchange-traded funds (ETFs) offered by Wood's Ark Investment Management are popular choices for investors.Ark Invest recently made a big move, adding $7 million to its holdings in Space Exploration Technologies (SPCX 6.83%). It's not the first time Wood (through Art Invest) has bought SpaceX, and it comes as her funds move away from China-based stocks. Should investors follow Wood's move and buy SpaceX stock? Here's what you should know. Image source: Getty Images. Why Cathie Wood bought more SpaceX Official filings show that Wood added $7 million worth of shares across a handful of Ark funds, including ARK Innovation ETF (ARKK 2.89%), ARK Next Generation Internet ETF (ARKW 1.85%), and ARK Fintech Innovation ETF (ARKF 1.19%). To fund some of the SpaceX stock purchases, Wood sold more than 570,000 shares of the China-based technology company Alibaba. Wood's funds have been moving away from some of their Chinese stock investments recently as they position for more growth in artificial intelligence. Wood is very bullish on SpaceX, believing that the company could reach an enterprise value of $3.1 trillion by 2030, as it builds out its aerospace, AI, and data center businesses. In fact, Ark has issued statements noting that SpaceX's Starlink internet service alone is worth $2 trillion. Ark has projected that Starlink could generate $300 billion in annual revenue by 2035. Wood's funds are also bullish on SpaceX's orbital data center prospects -- SpaceX eventually wants to launch data centers into space -- and the business has said that this market could be up to 20 times larger than the satellite communication market. Wood's funds also project that SpaceX could reduce its launch costs by up to 90% -- which it's estimated to do with its new Starship rocket -- and that this could help SpaceX achieve some of its most ambitious orbital data center efficiencies. Today's Change ( -6.83 %) $ -10.95 Current Price $ 149.47 Should you follow Cathie Wood's SpaceX stock purchase? It's probably best not to buy SpaceX stock right now, despite Wood's moves. First, the company's shares are very expensive, with a price-to-sales (P/S) ratio of 109, well above the tech sector average of about 9. Perhaps more importantly, buying shares of companies that have recently gone public isn't usually a smart move. Over the past quarter-century, most large companies gained an average of just 3.5% in the first 12 months after their IPO. That means SpaceX is likely to be highly volatile over the next year. Investors would be better off evaluating the company after it has reported several quarters of financial results and assessing how well SpaceX is delivering on its ambitions before buying. |
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Boeing 737 MAX: Fourth Line Accelerates $53 Billion Growth Opportunity | FMP Stock News | |
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HomeStock IdeasLong IdeasIndustrial SummaryBoeing has launched a fourth 737 MAX assembly line in Everett, significantly expanding production capacity and supporting a multi-year ramp-up.The current 737 MAX backlog supports monthly production rates of 72–80 units, yet BA is producing at just 42, indicating strong latent demand.By 2035, 737 MAX program revenues could exceed $53 billion annually, with cumulative revenues boosted 10% by an accelerated ramp-up on the new line.The fourth line offers BA strategic flexibility—enabling either stress relief on existing lines or a faster, value-accretive ramp to meet demand and reduce debt.Looking for more investing ideas like this one? Get them exclusively at The Aerospace Forum. Learn More » Aeon Aviation Photography/iStock Editorial via Getty Images As part of The Boeing Company's (BA) production ramp-up, Boeing has started operating its fourth 737 MAX assembly line in Everett, boosting the production capacity for the Boeing 737 MAX. The introduction 24.2K Followers Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within 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. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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Whoop Hires Nike Marketing Veteran as Wearables Wars Heat Up | FMP Stock News | |
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DJ van Hameren will join the screenless health-tracking brand as it works to push its appeal to a global audience as well as women. |
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Aurora Cannabis Inc. Announces Filing and Mailing of the Management Information Circular in Connection with the Annual General Meeting of Shareholders | FMP Stock News | |
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Shareholders are encouraged to keep an eye out for their meeting materials and vote early – every vote matters, no matter how many shares you own. Shareholders who have questions or need assistance with voting their shares voting should contact Aurora's strategic advisor and proxy solicitation agent, Kingsdale Advisors by telephone at 1-800-749-9052 or by email at [email protected] or visit www.MyAuroraVote.com , /PRNewswire/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (TSX: ACB) (NASDAQ: ACB), a leading Canada-based global medical cannabis company, is pleased to announce that the management information circular (the "Circular") for the upcoming annual general meeting of shareholders is now available on the Company's website at www.auroramj.com/investors/corporate-governance as well as under its profile on SEDAR+ (www.sedarplus.ca). The mailing of the Circular and related materials for the Meeting to shareholders as of the record date on June 15, 2026, has been completed.A message for Aurora shareholders Shareholder Meeting Details The Meeting will be held virtually on Friday, August 7, 2026, at 1:00 p.m. (Eastern time) / 11:00 a.m. (Mountain Time) and will be conducted via live webcast at: meetnow.global/MPUKQY6. The virtual meeting format allows shareholders and duly appointed proxyholders to have an equal opportunity to participate regardless of geographic location or ownership. Meeting details, including instructions on how to vote, can be found within the Circular. Before voting, we also invite shareholders to click here to view a message from our CEO, Miguel Martin, and CFO, Simona King, as they reflect on Fiscal 2026 and the future for Aurora. Shareholders are encouraged to review the Circular and vote early to ensure their shares are represented. Voting now means one less thing to think about as the proxy voting deadline draws near. The deadline for voting your shares is at 1:00 p.m. (Eastern time) on Wednesday August 5, 2026. Aurora's board of directors recommends that shareholders vote FOR all the director nominees and meeting resolutions. YOUR VOTE IS IMPORTANT. VOTE YOUR SHARES FOR AURORA'S DIRECTOR NOMINEES AND MEETING RESOLUTIONS AS SOON AS POSSIBLE Shareholder Questions & Voting Assistance Shareholders who have any questions or require assistance with voting may contact the Aurora's proxy solicitation agent and shareholder communications advisor: Kingsdale Advisors Call: 1-800-749-9052 (Toll Free in North America) Text or Call: 416-623-4172 (Outside North America) Visit: www.MyAuroraVote.com About Aurora Aurora is a global leader in medical cannabis, dedicated to improving lives through scientific expertise, proven performance, and a deep commitment to patient care. Aurora serves medical markets across Canada, Europe, Australia, and New Zealand with a portfolio of trusted, leading brands including Aurora®, MedReleaf®, Pedanios®, IndiMed™, San Raf®, and Whistler Medical Marijuana Corporation®. With world-class GMP-certified manufacturing facilities in Canada and Germany, and a team of industry-leading professionals, Aurora continues to expand its global footprint and deliver consistent, high-quality cannabis products with the purpose of Opening the World to Cannabis™. Learn more at www.auroramj.com and follow us on X and LinkedIn. Aurora's common shares trade on the NASDAQ and TSX under the symbol "ACB". Forward Looking Information This news release includes statements containing certain "forward-looking information" within the meaning of applicable securities law ("forward-looking statements"). Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements made in this news release include, but are not limited to, statements regarding the Meeting. Forward-looking information or statements contained in this news release have been developed based on the Company and its management's good faith assumptions relating to the financial, market, regulatory and other relevant environments that will exist and affect the Company's business and operations in the future. Forward-looking information and statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management at the date the statements are made including, among other things, assumptions about: development costs remaining consistent with budgets; the ability to manage anticipated and unanticipated costs; access to favorable equity and debt capital markets; the ability to raise sufficient capital to advance the business of the Company; favorable operating and economic conditions; political and regulatory stability; obtaining and maintaining all required licenses and permits; receipt of governmental approvals and permits; sustained labour stability; stability in financial and capital goods markets; favorable production levels and costs from the Company's operations; the pricing of various cannabis products; the level of demand for cannabis products; the availability of third-party service providers and other inputs for the Company's operations; and the Company's ability to conduct operations in a safe, efficient, and effective manner. The Company does not give any assurance that the assumptions on which forward-looking information or statements are based will prove to be correct, or that the Company's business or operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the Company or management or beyond the Company's control. Such forward-looking statements are estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. These risks include, but are not limited to, the ability to retain key personnel, the ability to continue investing in infrastructure to support growth, the ability to obtain financing on acceptable terms, the continued quality of our products, customer experience and retention, the development of third party government and non-government consumer sales channels, management's estimates of consumer demand in Canada and in jurisdictions where the Company exports, expectations of future results and expenses, the availability of additional capital to complete construction projects and facilities improvements, the risk of successful integration of acquired business and operations, management's estimation that SG&A will grow only in proportion to revenue growth, the ability to expand and maintain distribution capabilities, the impact of competition, the general impact of financial market conditions, the yield from cannabis growing operations, product demand, changes in prices of required commodities, competition, and the possibility for changes in laws, rules, and regulations in the industry, epidemics, pandemics or other public health crises, and other risks as set out under "Risk Factors" contained in the Annual Information Form dated June 10, 2026 (the "2026 AIF"). Readers are urged to consider the risks, uncertainties and assumptions carefully in evaluating the forward-looking statements. The Company cautions that the list of risks, uncertainties and other factors described in the 2026 AIF is not exhaustive and other factors could also adversely affect its results. Although the Company believes that the expectations conveyed by the forward-looking statements are reasonable based on the information available to the Company on the date hereof, no assurance can be given as to future results, approvals or achievements. SOURCE Aurora Cannabis Inc. |
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Here's when the next Nvidia dividend will be paid | FMP Stock News | |
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After paying a $6.1 billion dividend on June 26 for the first quarter of fiscal 2027, as Finbold reported, Nvidia Corp. (NASDAQ: NVDA) is likely to repeat a similar move during the next payout for the second quarter, potentially in early October 2026.The Q2 fiscal 2027 Nvidia dividend could be paid on October 1, 2026, based on Nvidia dividend history, as analyzed by Finbold on July 8. Officially, the date for the company’s dividend payout for the second quarter of fiscal year 2027 is expected to be announced on August 26, 2026, when the company releases its earnings report. As such, as per Nvidia dividend history, the ex-dividend date, the cutoff day on which investors must already own a stock to receive the next dividend payment, could be on September 10, 2026, as per forecast from dividendmax. What is the expected amount to be paid in the next Nvidia dividend? For the first time in Nvidia’s dividend history, the company paid $0.25 per share last month. The company increased its dividend payout by 25-fold from the prior quarter, fueled by the ongoing AI (Artificial Intelligence) boom. With Nvidia forecasting $91 billion in revenue for the second quarter, following a record $81.6 billion in the first quarter of fiscal 2027, the company is well positioned to pay at least $0.25 again on October 1, 2026. Is NVDA stock a good buy? NVDA stock is worth considering, as it has maintained a parabolic bull rally over the past few years and has significantly increased its dividend. Furthermore, the Nvidia stock dividend makes the company more competitive. NVDA stock price performance. Source: Finbold Year-to-date (YTD), NVDA stock has gained over 5% and is trading at about $196.93 at press time. Nonetheless, Wall Street analysts, including Vivek Arya of Bank of America Corp. (NYSE: BAC), anticipate further upside for NVDA shares over the coming 12 months. Best Crypto Exchange for Intermediate Traders and Investors Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals. 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees. Copy top-performing traders in real time, automatically. eToro USA is registered with FINRA for securities trading. 30+ million Users worldwide eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more. Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer! |
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Machine learning algorithm sets Nvidia stock price for July 31, 2026 | FMP Stock News | |
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A machine learning-powered forecast from Finbold AI Agent has projected a modest decline in Nvidia (NASDAQ: NVDA) stock by the end of July.According to the prediction generated on July 8, the AI model expects Nvidia shares to trade at an average price of $193.14 on July 31, representing a 1.89% decline from the stock’s current price of $196.86. NVDA price prediction for July 31. Source: Finbold The forecast was produced using a multi-model machine learning system that incorporates predictions from Claude Opus 4.6, DeepSeek Chat, Gemini 3 Flash, and GPT-5.2. The prediction also included technical indicators, including the Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), stochastic oscillator, MACD slope, 50-day SMA, and 200-day SMA. Among the models, GPT-5.2 delivered the most bullish outlook, projecting NVDA to reach $203.50, implying a gain of 3.37% from current levels. Claude Opus 4.6 forecast a price of $191.50, while DeepSeek Chat predicted $193. Gemini 3 Flash issued the most bearish projection, estimating Nvidia would fall to $184.55, representing a 6.25% decline. NVDA price prediction for July 31. Source: Finbold Nvidia stock’s strong fundamentals The short-term bearish forecast comes despite Nvidia posting some of the strongest financial results in its history. For fiscal 2026, the company generated $215.9 billion in revenue, up roughly 66% year-over-year, while net income climbed to approximately $120 billion. Momentum continued into the first quarter of fiscal 2027, when Nvidia reported a record $81.6 billion in revenue, an 85% annual increase, driven primarily by its data center business. The company’s AI infrastructure segment remains its primary growth engine, with data center revenue reaching $75.2 billion during the quarter. Gross margins have remained near 75%, supported by strong demand for Nvidia’s advanced AI hardware and software ecosystem. At the same time, investor sentiment toward Nvidia continues to be driven by the rapid expansion of artificial intelligence infrastructure spending. The company’s Blackwell platform is ramping production as cloud providers, enterprises, and governments increase investments in AI computing capacity. Nvidia also maintains a strong competitive position through its CUDA software ecosystem, networking solutions, and roadmap visibility extending beyond Blackwell to future architectures. In addition, Nvidia continues returning capital to shareholders through share repurchases and dividends. During the first quarter of fiscal 2027, the company returned approximately $20 billion through buybacks and dividends and authorized an additional $80 billion in stock repurchases. |
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Why July 16 Could Be a Turning Point for the Netflix Stock Price | FMP Stock News | |
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Ever since Netflix (NFLX +0.21%) walked away from trying to acquire assets from Warner Bros. Discovery, the stock price hasn't found its footing.Investors initially cheered Netflix's decision to withdraw from the bidding war with Paramount Skydance. But shares didn't gain much traction afterward, and Netflix's warnings about its content costs in the first half of the year haven't helped. As of this writing, the Netflix stock price is down roughly 19% year to date. On July 16, however, the next meaningful direction for the stock price could take shape. Image source: Getty Images. Netflix's next report On Thursday, July 16, Netflix will release its financial results for the second quarter of 2026. Ad revenue totals will be an important metric to watch to see if Netflix is still on track to reach $3 billion by the end of the year. As subscription growth matures, ads are not just another sales vehicle for the company. Growing ad revenue can also help offset content costs. Those content costs are also worth monitoring and hearing the company's take on. The management team did warn that content costs would be higher in the first part of the year, so if that headwind is mostly behind Netflix, that will offer some relief. Today's Change ( 0.21 %) $ 0.16 Current Price $ 76.18 What happens after July 16 If Netflix shows that ad revenue is on track to reach $3 billion or exceed that forecast, along with content costs stabilizing in the back half of the year, that's a recipe that could help send the stock price higher. If ad revenue isn't living up to forecasts, if content costs are projected to climb in the upcoming quarters, or both, the next direction for the stock price is likely lower. Either way, this report can highlight for long-term investors whether a rebound is forming or if there's still some turbulence to navigate through. Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Netflix and Warner Bros. Discovery. The Motley Fool has a disclosure policy. |
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Why Netflix Stock Dropped 24% in the First Half of 2026 | FMP Stock News | |
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Netflix (NFLX +0.31%) stock fell 24% in the first half of the year, according to data provided by S&P Global Market Intelligence. Investors are worried about future opportunities, acquisitions, and the departure of founder and chairman Reed Hastings.The global streaming sensation Netflix defied the odds, and competition from the world's largest media companies, to become a powerhouse streaming company. It sits atop a massive content library, much of which has come from its own creative studios, and it has more than 300 million global subscribers. Investors have counted it out before in the past, and it has always rebounded, surprising the market with innovative ways to keep its growth engine moving. From the very beginning, when it changed from a video drop-off company to take on the emerging streaming industry, it has stayed ahead of the curve and proved its prowess. And the naysayers who didn't think its content could match the big studios are now watching it produce top-rated series and films that keep subscribers engaged. Image source: Getty Images. It seemed to be in danger, again, when the pandemic started and every studio created its own streaming network. But while many other networks were acquired or merged, Netflix is still at the top of the heap. It successfully rolled out an ad-supported streaming tier to stay competitive, and it now showcases live sporting events as well as other live entertainment, and it also offers games. It continues to report double-digit growth, and it plans its production based on recurring revenue, targeting profitability goals and moving backward, which ensures strong margins. In the 2026 first quarter, revenue increased 16% year over year, which was higher than expected, leading to a higher operating margin of 32.3%, up from 31.7% last year. It's targeting a 31.5% operating margin for the full year. What's on next The question is, what's next? Netflix stopped reporting subscriber numbers about a year ago, and revenue growth comes from a mix of subscriber growth, price hikes, and ads. The company continues to invest in the business through improving technology with artificial intelligence (AI) as well as finding the next popular series. Today's Change ( 0.31 %) $ 0.24 Current Price $ 76.26 It lost its bid to acquire Warner Bros. Discovery, and it had also considered buying Roku. While these deals didn't pan out, they do represent a path forward to expand the business. However, they also represent uncertainty about what's coming next. The stock also dropped after the company announced that founder and chairman Reed Hastings would be stepping down, although it has been falling for a while now. At the current price, Netflix trades at 25 times trailing 12-month earnings. That looks like an attractive entry point, but investors may want to wait and hear the company's latest update and consider its trajectory when it reports second-quarter earnings next week. |
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Why Bank of America Stock Jumped in June | FMP Stock News | |
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Those who banked on Bank of America's (BAC 0.07%) stock to rise last month were well rewarded for their bullishness. Most notably, the prominent lender was among the 32 banks and other financial institutions that aced the Federal Reserve's (Fed) 2026 edition of its annual stress tests. As in previous years, this will result in a dividend raise, another good reason to invest in the stock.Among other positive developments, these helped push Bank of America's equity up by more than 10% in June. Passing grades One of said developments was a new cross-border, real-time payments product Bank of America announced near the start of the month. The service, whose name wasn't revealed, is designed for high-volume, low-value financial transfers, like person-to-person (P2P) and business-to-consumer (B2C) payments. Image source: Getty Images. The bank is promising instant transfers for both sender and receiver, effected via the Swift or CashPro systems. Investors were encouraged by this because demand is rising for such a product -- Bank of America said that the P2P segment is expected to rise by 58% and B2C by a whopping 132% by 2032. The Fed published the results of the stress tests on June 25 and, like the other companies in the regulator's exam room, Bank of America saw its shares bump higher. That stood to reason, as the point of the stress tests is to gauge how effectively a lender might cope with sharp and sudden economic crises. Even though these tests have been conducted for years, it's still immensely satisfying to investors when their company, or companies, get a passing grade. One reason for this is that it almost guarantees the passers will raise their dividends, a habit that has become nearly a custom. This year's raises are generous, too, with Bank of America's fellow Big Four lenders -- JPMorgan Chase, Citigroup, and Wells Fargo -- all aiming for lifts of at least 10% in their coming quarterly payouts (each is subject to board of directors approval). Bank of America is more cautious than its peers, preferring to wait a while before making a similar declaration. But we can count on a double-digit hike from it, too. Finally, just after those results were disseminated, two analysts raised their price targets on the bank. Morgan Stanley's Betsy Graseck raised her to $67 per share from $61, while her peer John McDonald of Truist Securities upped his to $64 from $61. Both maintained their equivalents of buy recommendations. Today's Change ( -0.07 %) $ -0.04 Current Price $ 59.86 A solid lender, as ever Banks are cyclical businesses, so for anyone like me who believes the U.S. economy can hold up under the pressures it's currently facing (including inflation, among other potential headwinds), Bank of America is a solid stock play. The stress test results show that it's well protected even if the cycle starts to turn against it, so the stock is even something of a defensive play if the economy goes sour. I would confidently invest in this well-known lender. Citigroup is an advertising partner of Motley Fool Money. Bank of America is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Wells Fargo is an advertising partner of Motley Fool Money. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase and Truist Financial. The Motley Fool has a disclosure policy. |
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Johnson & Johnson: Stronger Fundamentals, But Too Much Optimism | FMP Stock News | |
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13.88K FollowersAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within 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. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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Top Wall Street Forecasters Revamp United Airlines Expectations Ahead Of Q2 Earnings | FMP Stock News | |
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United Airlines Holdings, Inc. (NASDAQ:UAL) will release its second quarter earnings report after the closing bell on Wednesday, July 15.Analysts expect the Chicago, Illinois-based company to report quarterly earnings of $1.82 per share, down from $3.87 per share in the year-ago period. The consensus estimate for United Airlines’ quarterly revenue is $17.58 billion. It reported $15.24 billion last year, according to Benzinga Pro. On April 21, United Airlines Holdings posted better-than-expected first-quarter earnings. Shares of United Airlines fell 3.2% to close at $128.31 on Tuesday. 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 UAL stock? Here’s what analysts think: Photo via Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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QQQ Killer? Blackrock Launches Plan To Take Down The ETF Juggernaut This Week | FMP Stock News | |
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StoreSubscribeSign In My Subscriptions Founder's ClubSwingTraderLeaderboardMarketSurgeeIBDIBD DigitalIBD LiveCustomer Center My Stock Lists Email Preferences Help & Support Sign Out Search stocks or keywords Sections My IBD MARKET TREND STOCK LISTS STOCK RESEARCH NEWSECONOMY VIDEOS & PODCASTS HOW TO INVESTEDUCATIONAL RESOURCESStoreMy Products Founder's ClubSwingTraderLeaderboardMarketSurgeeIBDIBD DigitalIBD Live Recently Searched Axsome Therapeutics, Exelixis, Incyte Among 20 New Stocks On IBD's Premier Watchlists Chip Sell-Off Hits Nasdaq As Stock Market Uptrend Wobbles; Sandisk, Intel Give Sell Signals Tech Weakens But Drugs Back On Top; Eli Lilly, Jazz Pharma, Match.com In Focus It was only a matter of time. Eventually someone would want a piece of the $488-billion-in-assets Invesco QQQ Trust ETF (QQQ). And that someone is ETF behemoth Blackrock (BLK). The asset manager behind the iShares family of funds plans to launch a QQQ rival this Thursday. The ETF, iShares Nasdaq 100 ETF (IQQ), will also own the 100 most valuable… Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8 |
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Temas's RCL Critical Minerals Patent Portfolio Expands into Vanadium | FMP Stock News | |
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Patent filing follows recent RCL vanadium metallurgical testwork and further strengthens Temas' growing critical minerals technology platformHighlights Temas has initiated the filing of a new process patent covering the extraction of vanadium from complex ore bodies using its proprietary Regenerative Chloride Leach ("RCL") mixed chloride leaching technology. Patent filing establishes a priority filing date of July 8, 2026, protecting the Company's latest metallurgical innovation. Patent entitled "Chloride-based process for Vanadium extraction" Filing follows the recent completion of the Company's previously announced RCL vanadium metallurgical testwork on material from its wholly-owned La Blache Titanium-Vanadium-Iron Project. Represents another expansion of Temas' growing intellectual property portfolio supporting future technology licensing opportunities. Follows Temas' 29 June 2026 results confirming extensive high-grade titanium-vanadium mineralisation at La Blache, including vanadium grades of up to 0.48% V₂O₅ over broad intervals, underpinning the vanadium endowment to which the newly patented RCL process can be applied. Strengthens Temas' ability to create value from vanadium; both from its own La Blache and Lac Brûlé assets and from third-party vanadium ore bodies, concentrates and mine waste through RCL technology licensing and processing partnerships. The Company continues to progress confidential discussions and third-party lab testing with potential processing and licensing partners regarding deployment of the RCL platform across critical minerals. Reinforces Temas' strategy of developing proprietary metallurgical solutions across multiple critical minerals beyond titanium. VANCOUVER, BC / ACCESS Newswire / July 8, 2026 / Temas Resources Corp. ("Temas" or the "Company") (ASX:TIO)(CSE:TMAS)(OTCQB:TMASF)(FSE:26P0) is pleased to announce that, following the recent completion of the Company's Regenerative Chloride Leach ("RCL") vanadium metallurgical testwork announced earlier this year, the Company has initiated the filing of a new process patent covering the extraction of vanadium from complex ore bodies using mixed chloride leaching technology. The patent application, entitled "Chloride-based process for Vanadium extraction" establishes a priority filing date of July 8, 2026, providing intellectual property protection for a novel process developed through the Company's ongoing metallurgical research and development activities. The new patent application builds upon the encouraging results generated from Temas' proprietary RCL metallurgical testing on vanadium-bearing material from its 100%-owned La Blache Titanium-Vanadium-Iron Project in Québec, Canada. The work further demonstrates the adaptability of the RCL technology platform across multiple critical minerals while expanding the Company's growing portfolio of proprietary processing technologies. As announced on 29 June 2026, Temas reported the first results from its systematic re-assay program at the Hervieux West deposit within La Blache, confirming extensive high-grade titanium-vanadium mineralisation together with gallium, scandium and chromium credits. Selected intervals returned vanadium grades of up to 0.48% V₂O₅ over substantial widths, including 143.0 m at 0.48% V₂O₅ (88.7% Fe₂O₃ + TiO₂) in hole HWR-10-052. The vanadium extraction process now being patented is directly applicable to this style of Fe-Ti-V oxide mineralisation, reinforcing the potential for Temas to create value from both its own vanadium-bearing assets and comparable third-party ore bodies through the RCL platform. The Company believes that securing intellectual property protection remains a critical component of its strategy to commercialize the RCL technology through future licensing agreements, strategic partnerships and deployment across global mineral projects. The Temas RCL technology platform is comprised of successfully granted US and Canadian metallurgical process patents for the extraction of Gold, Iron, Titanium, Nickel and Rare Earth Elements using its proprietary mixed-chloride leaching technology. In addition to this new patent application for the extraction of Vanadium, the RCL platform is supported by eleven granted patents across multiple critical minerals and jurisdictions: Gold - granted (United States) Gold - granted (Canada) Iron - granted (United States) Iron - granted (Canada) Iron - granted (India) Titanium - granted (United States) Titanium - granted (Canada) Nickel - granted (United States) Nickel - granted (Canada) Rare Earth Elements - granted (India) Rare Earth Elements - granted (Canada) Vanadium - application filed, priority date 7 July 2026 (new) Kyler Hardy, Executive Chairman, commented: "One of our strategic objectives has always been to continually expand the RCL technology platform through the development of new process innovations. The successful application of RCL to vanadium extraction has resulted in a process that we believe is both novel and commercially valuable. Filing this patent represents another important milestone in strengthening Temas' intellectual property portfolio and reinforces the versatility of the RCL platform across multiple critical mineral applications." Tim Fernback, President & Chief Executive Officer, commented: "The filing of this patent is another important step in transforming Temas from a critical minerals developer into a global clean metallurgical technology company. Every new patent strengthens our competitive position and builds long-term value in our technology licensing business. As demand accelerates for secure supplies of critical minerals such as vanadium, we believe proprietary processing technologies like RCL will become increasingly valuable to miners seeking lower-cost, environmentally responsible extraction. We continue to evaluate further RCL applications across critical minerals, including gallium, scandium, chromium and rare earth elements and intend to keep expanding our intellectual property portfolio as future metallurgical programs are completed." Expanding the RCL Intellectual Property Platform The RCL technology platform continues to evolve beyond its original titanium applications into a broad hydrometallurgical process capable of recovering multiple critical minerals from complex ores, concentrates and mine waste. The Company's intellectual property strategy is focused on protecting novel metallurgical processes that can be commercialized through: Technology licensing; Joint venture opportunities; Strategic processing partnerships; Proprietary processing of Temas' wholly-owned mineral assets. The filing of "Chloride-based process for Vanadium extraction" represents another significant addition to Temas' expanding portfolio of proprietary RCL technologies. - ENDS - Approved for Release by the Board of Directors For further information, contact: Follow us: https://temasresources.com https://x.com/TMASResources https://www.linkedin.com/company/temas-resources-corp/ Disclaimer No representations or warranty, express or implied, is made by the Company that the material contained in this announcement will be achieved or proved correct. Except for the statutory liability which cannot be excluded, each of the Company, its directors, officers, employees, advisors, and agents expressly disclaims any responsibility for the accuracy, fairness, sufficiency or completeness of the material contained in this announcement and excludes all liability whatsoever (including in negligence) for an loss or damage which may be suffered by any person as a consequence of any information in this announcement or any effort or omission therefrom. The Company will not update of keep current the information contained in this announcement or to correct any inaccuracy or omission which may become apparent, or to furnish any person with any further information. Any opinions expressed in the announcement are subject to change without notice. ABOUT TEMAS RESOURCES Revolutionizing Metal Production Proprietary IP. Global Licensing. Titanium & Critical Minerals. Temas Resources Corp. (ASX:TIO)(CSE:TMAS)(OTCQB:TMASF)(FRA:26P0) is a technology-driven critical minerals company advancing a dual-business model built around proprietary processing innovation and strategic mineral ownership. The Company's patented Regenerative Chloride Leach (RCL) technology platform delivers significant operational cost reductions - validated at up to 65% lower than traditional processing - while dramatically reducing energy use and environmental impact. Temas' RCL process is the foundation of its technology licensing and partnership business, enabling global mining and materials companies to adopt sustainable, high-margin metal extraction methods across a range of critical minerals including titanium, vanadium, nickel, and rare earth elements. Complementing its technology division, Temas also owns 100% of two advanced titanium-vanadium-iron projects in Québec, Canada - La Blache and Lac Brûlé - which are strategically positioned to feed directly into the Company's proprietary processing platform, creating a fully integrated mine-to-market supply chain for Western metals. Through this combination of innovative IP commercialization and resource ownership, Temas Resources is positioned to deliver scalable, low-carbon solutions that strengthen Western critical-mineral independence and create long-term value for shareholders. Benefits the ORF - RCL Technology: The RCL platform technology involves the hydrometallurgical mineral extraction of concentrates, whole ores, slags and tailings to enhance recovery of critical metals, battery metals, Platinum Group Minerals ("PGMs"), precious and base metals and Rare Earth Element ("REE") recovery at materially higher through-yields and lower capital and operating costs than many of the conventional approaches that are in use traditionally. This novel RCL technology is ideally suited to treat increasingly complex ores in an environmentally sensitive manner. Pilot Testing Complete: The Company has completed a pilot test of approximately 1 ton of material from its La Blache TiO2 mineral property yielding 88 kgs of a 99.8% pure TiO2 commercial grade product.1 Validated Cost Reduction: A significant cost reduction of over 65%2,3 is validated for TiO2 processing using the RCL platform technology (e.g., reagent recycling, potentially lower energy use, optimized recovery etc.). These fundamental process efficiencies are expected to translate into economic advantages when applying the platform to Nickel or other target minerals hosted in complex ores. Environmental Performance: The closed-loop design and high reagent recycling rates are core to the RCL platform, irrespective of the target mineral. Over 69% lower operating costs compared to conventional processing due to its core features operating at near ambient temperatures.3 This means the reduced environmental footprint and enhanced ESG profile are benefits that extend to ores and minerals previously noted, not just TiO2. High Recovery Potential: Just as we've demonstrated high-quality, 99.8% TiO2 product from pilot testing1 the RCL platform is engineered for high recovery and purity of all target metals. Our metallurgical expertise focuses on optimizing these recoveries and maximizing margins for each specific mineral. RCL results in a quicker and more complete liberation of the target metals using atmospheric pressure and lower temperatures than competing methods and improves the selectivity and efficiency of subsequent solvent extraction steps. Management believes that this novel metallurgical process can be applied to many complex resource deposits worldwide, enhancing both extraction and recovery for the operator. Cautionary Note Regarding Forward-Looking Statements Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release. This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with mineral exploration generally and results from anticipated and proposed exploration programs, conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals. Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise. 1 Source: Temas Resources Corp. "Pilot Scale Evaluation of Temas La Blache Ilmenite - Final Report PRO 21-16," 24 June 2022. 2 These metallurgical test results and cost-reduction data were first reported in the Company's Canadian market announcement dated 13 April 2021, titled "Temas Resources Acquires 50 % of Green Mineral Process Developer ORF Technologies Inc." 3 The cost-reduction figure is supported by independent evaluation conducted by the Natural Resources Research Institute (University of Minnesota, 2017) and subsequent pilot-scale validation by ORF Technologies Inc., as detailed in Temas Resources news releases of 2021 and 2022. SOURCE: Temas Resources Corp. |
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Moderna Appoints Michael McDonnell to Board of Directors | FMP Stock News | |
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Former Biogen Chief Financial Officer brings more than 35 years of financial leadership and public company experienceCAMBRIDGE, MA / ACCESS Newswire / July 8, 2026 / Moderna, Inc. (NASDAQ:MRNA) today announced the appointment of Michael McDonnell to its Board of Directors, effective July 8, 2026. Mr. McDonnell will also serve on the Board's Audit Committee. "Mike brings exceptional financial leadership and strategic perspective developed over more than three decades advising and leading global life sciences and technology companies," said Noubar Afeyan, Ph.D., Co-Founder and Chairman of Moderna. "His experience guiding organizations through periods of growth and transformation, overseeing significant capital allocation decisions, and building high-performing finance organizations will be invaluable as Moderna continues to advance its pipeline and execute on its long-term strategy. We are pleased to welcome Mike to our Board." "I am honored to join Moderna's Board at such an important time in the company's evolution," said Mr. McDonnell. "Moderna has established itself as a leader in mRNA science and innovation, with a broad pipeline and a compelling long-term vision. I look forward to working with the Board and management team to help create lasting value for patients and shareholders." "We are delighted to welcome Mike to Moderna's Board," said Stéphane Bancel, Chief Executive Officer of Moderna. "His extensive experience as CFO of leading public companies, deep understanding of the biotechnology industry, and proven ability to lead complex strategic and operational initiatives will be an important asset as we prepare for multiple potential product launches and build Moderna for the long term." Mr. McDonnell is a financial executive with substantial experience providing financial and accounting leadership to life sciences and technology companies, including more than 24 years serving as chief financial officer of public companies. Most recently, Mr. McDonnell served as Executive Vice President and Chief Financial Officer of Biogen Inc. from August 2020 through February 2025, where he oversaw investor relations, financial planning and analysis, treasury, accounting, tax, internal audit, procurement, information technology, and business unit finance. Since March 2025, he has served as an advisor to Goldman Sachs Asset Management. Prior to Biogen, Mr. McDonnell served as Executive Vice President and Chief Financial Officer of IQVIA Holdings Inc. following the merger of Quintiles and IMS Health. Earlier in his career, he served as Executive Vice President and Chief Financial Officer of Intelsat S.A., Executive Vice President and Chief Financial Officer of MCG Capital Corporation, and Chief Financial Officer of EchoStar Communications Corporation. He began his career at PricewaterhouseCoopers LLP, where he spent 14 years, including four years as a partner. Mr. McDonnell currently serves on the Board of Directors of Merit Medical Systems, Inc., where he chairs the Audit Committee, and on the Board of Directors of Baxter International Inc. He previously served on the Board of Directors of Catalyst Health Solutions until its acquisition. About Moderna Moderna is a pioneer and leader in the field of mRNA medicine. Through the advancement of its technology platform, Moderna is reimagining how medicines are made to transform how we treat and prevent diseases. Since its founding, Moderna's mRNA platform has enabled the development of vaccines and therapeutics across infectious diseases, cancer, rare diseases and more. With a global team and a unique culture, driven by the company's values and mindsets, Moderna's mission is to deliver the greatest possible impact to people through mRNA medicines. For more information about Moderna, please visit modernatx.com and connect with us on X, Facebook, Instagram, YouTube and LinkedIn. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding: Moderna's ability to advance its pipeline and execute on its long-term strategy; and expectations for multiple potential product launches. The forward-looking statements in this press release are neither promises nor guarantees, and you should not place undue reliance on these forward-looking statements because they involve known and unknown risks, uncertainties, and other factors, many of which are beyond Moderna's control and which could cause actual results to differ materially from those expressed or implied by these forward-looking statements. These risks, uncertainties, and other factors include, among others, those risks and uncertainties described under the heading "Risk Factors" in Moderna's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission (SEC), and in subsequent filings made by Moderna with the SEC, which are available on the SEC's website at www.sec.gov. Except as required by law, Moderna disclaims any intention or responsibility for updating or revising any forward-looking statements contained in this press release in the event of new information, future developments or otherwise. These forward-looking statements are based on Moderna's current expectations and speak only as of the date of this press release. Moderna Contacts Media: Chris Ridley Vice President, Global Head of Communications +1 617-800-3651 [email protected] Investors: Lavina Talukdar Senior Vice President & Head of Investor Relations +1 617-209-5834 [email protected] SOURCE: Moderna, Inc. |
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2026-07-08 11:41
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Shopify to Announce Second-Quarter 2026 Financial Results | FMP Stock News | |
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Internet, Everywhere, July 08, 2026 (GLOBE NEWSWIRE) -- Shopify Inc. (NASDAQ, TSX: SHOP) plans to announce financial results for the quarter ended June 30, 2026 before markets open on Wednesday, August 5, 2026.Shopify’s management team will host a conference call to discuss second-quarter results at 8:30 a.m. ET on Wednesday, August 5, 2026. The conference call will be available via webcast on the Investor Relations section of Shopify’s website at https://www.shopify.com/investors/events. An archived replay of the webcast will be available following the conclusion of the call. About Shopify Shopify provides essential internet infrastructure for commerce. Shopify’s all-in-one platform makes it easier to start, run, and grow a business, powering sales online, in store, and everywhere in between. Millions of businesses in 175+ countries use Shopify—from entrepreneurs to brands like Aldo, BarkBox, Carrier, Meta, Vuori, SKIMS, and Supreme. For more information, visit www.shopify.com |
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2026-07-08 11:40
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2026-07-08 05:54
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Welltower: Continued Property Acquisitions Support The Investment Case | FMP Stock News | |
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Welltower gets a buy for my initial rating, as it presents both a compelling dividend idea and a capital growth idea. Top-line revenue growth is proven over 5 years already, as the portfolio keeps expanding through acquisition, with a recent acquisition in Canada. The stock is favorably covered both by Moody's and Barclays. |
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2026-07-08 06:34
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IBM Shares Close Higher After Key Trading Signal | FMP Stock News | |
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Understanding the Power Inflow SignalOrder flow analytics analyze real-time buying and selling trends by examining the volume, timing, and order size across both retail and institutional traders. These insights offer a more detailed understanding of price behavior and market sentiment for a stock, allowing the trader or institution to make the most informed decision possible. IBM Intraday Performance At the time of the Power Inflow, IBM was priced at $302.19. Following the signal: • Intraday High: $311.80 (+3.18%) This article is for informational purposes only and does not constitute financial advice, investment recommendations, or a solicitation to buy or sell securities. The analysis is based on stock order flow data, but accuracy is not guaranteed. Investing involves risk, including possible loss of principal, and past performance is not indicative of future results. Please consult a licensed financial advisor before making any investment decisions. Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy. Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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2026-07-08 11:39
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2026-07-08 06:08
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MGM Investment Loss: MGM Resorts Shareholders are Notified to Contact BFA Law about its Investigation into $48.30 Offer Price | FMP Stock News | |
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NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating Barry Diller’s bid to buy MGM Resorts International (NYSE:MGM). MGM is incorporated in Delaware.Barry Diller is a member of MGM’s board of directors. People, Inc. (“People,” f/k/a/ IAC, Inc.), a company that Diller founded and controls, is MGM’s largest single stockholder. On June 1, 2026, People made an unsolicited bid to buy the remaining MGM stock for $48.30 per share. If you are a current shareholder of MGM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation. Key Details of the MGM ($MGM) Investigation: Investigation Overview: Breaches of Fiduciary Duty in connection with Barry Diller’s offer to acquire the remaining stock of MGM for $48.30 per shareAction: Contact BFA Law to discuss your rights Why is the MGM Transaction being Investigated? As a director, Diller owes fiduciary duties to MGM and its stockholders. People also recently entered a governance agreement with MGM that gave People the right to designate two MGM directors going forward. Because Diller “stands on both sides” of the proposed deal, and because other MGM fiduciaries could potentially receive benefits that other stockholders do not receive, these facts create a create conflicts of interest under Delaware law. If MGM and Diller reach an agreement, they must comply with Delaware’s strict requirements for “cleansing” these conflicts and ensuring the deal is fair to MGM’s stockholders. In a news release on June 1, MGM stated that the board of directors “will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders.” BFA is investigating whether the potential agreement complies with Delaware law. Click here for more information: https://www.bfalaw.com/cases/mgm-resorts-investigation What Can You Do? If you are a current holder of MGM stock, you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation Or contact: Adam McCall [email protected] 212.789.3619 Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.” Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com. https://www.bfalaw.com/cases/mgm-resorts-investigation Attorney advertising. Past results do not guarantee future outcomes. |
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2026-07-08 11:39
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2026-07-08 06:36
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Chevron tanker used for CPC oil hit by drone in Black Sea | FMP Stock News | |
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CompaniesMOSCOW, July 8 (Reuters) - Chevron's (CVX.N), opens new tab Yasa Polaris oil tanker, used for Caspian Pipeline Consortium shipments, was attacked by a drone off Russia's Black Sea coast, two industry sources said on Wednesday.Chevron said on Monday it was aware of an incident with a vessel heading to the Caspian Pipeline Consortium's loading facilities near Russia's Black Sea port of Novorossiysk and the crew was safe, while exports from Kazakhstan were not affected. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here. The Chevron-led Tengizchevroil oil company is the major exporter of CPC Blend oil sourced mainly from a giant Tengiz oil field it operates in Kazakhstan. Yasa Polaris is an oil tanker built in 2022 and able to carry about 160,000 metric tons of oil, according to LSEG data. The vessel is managed by Yasa Holding registered in Turkey. The shipmanager did not immediately answer a Reuters request for a comment. Ukraine has targeted the CPC oil terminal and vessels carrying oil in the Black Sea area many times since the start of the war in 2022. Last year one of single point moorings at the CPC terminal was heavily damaged in an attack. The Caspian Pipeline Consortium plans to export about 1.6 million barrels per day of CPC Blend crude in July, down from around 1.7 million bpd planned for June after drone damage to a Russian gas facility meant output had to be reduced, two trading sources said. Reporting by Olesya Astakhova in Moscow and Ron Bousso in London. Editing by Mark Potter and Louise Heavens Our Standards: The Thomson Reuters Trust Principles., opens new tab |
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