Arista Networks (ANET - Free Report) closed at $166.46 in the latest trading session, marking a -3.94% move from the prior day. This change lagged the S&P 500's daily loss of 0.45%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 1.16%.
The cloud networking company's shares have seen an increase of 10.79% over the last month, surpassing the Computer and Technology sector's gain of 0.38% and the S&P 500's gain of 2.14%.
Analysts and investors alike will be keeping a close eye on the performance of Arista Networks in its upcoming earnings disclosure. In that report, analysts expect Arista Networks to post earnings of $0.89 per share. This would mark year-over-year growth of 21.92%. At the same time, our most recent consensus estimate is projecting a revenue of $2.82 billion, reflecting a 27.95% rise from the equivalent quarter last year.
ANET's full-year Zacks Consensus Estimates are calling for earnings of $3.63 per share and revenue of $11.57 billion. These results would represent year-over-year changes of +21.81% and +28.46%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Arista Networks. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. As of now, Arista Networks holds a Zacks Rank of #3 (Hold).
In terms of valuation, Arista Networks is presently being traded at a Forward P/E ratio of 47.69. Its industry sports an average Forward P/E of 19.77, so one might conclude that Arista Networks is trading at a premium comparatively.
Also, we should mention that ANET has a PEG ratio of 2.4. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Internet - Software industry stood at 1.09 at the close of the market yesterday.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 95, finds itself in the top 39% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
CRH (CRH - Free Report) closed the most recent trading day at $106.21, moving -1.27% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.45%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 1.16%.
Heading into today, shares of the building material company had gained 5.96% over the past month, outpacing the Construction sector's gain of 2.14% and the S&P 500's gain of 2.14%.
Analysts and investors alike will be keeping a close eye on the performance of CRH in its upcoming earnings disclosure. On that day, CRH is projected to report earnings of $1.96 per share, which would represent year-over-year growth of 1.03%. Our most recent consensus estimate is calling for quarterly revenue of $10.67 billion, up 4.57% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.92 per share and revenue of $39.84 billion, indicating changes of +6.28% and +6.39%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for CRH. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. CRH is currently a Zacks Rank #3 (Hold).
From a valuation perspective, CRH is currently exchanging hands at a Forward P/E ratio of 18.18. Its industry sports an average Forward P/E of 18.63, so one might conclude that CRH is trading at a discount comparatively.
One should further note that CRH currently holds a PEG ratio of 1.87. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Building Products - Miscellaneous stocks are, on average, holding a PEG ratio of 1.58 based on yesterday's closing prices.
The Building Products - Miscellaneous industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 197, positioning it in the bottom 20% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Dutch Bros (BROS - Free Report) closed at $66.28 in the latest trading session, marking a -2.66% move from the prior day. This change lagged the S&P 500's 0.45% loss on the day. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq decreased by 1.16%.
The stock of drive-thru coffee chain operator and franchisor has risen by 21.05% in the past month, leading the Retail-Wholesale sector's loss of 0.18% and the S&P 500's gain of 2.14%.
The investment community will be paying close attention to the earnings performance of Dutch Bros in its upcoming release. On that day, Dutch Bros is projected to report earnings of $0.29 per share, which would represent year-over-year growth of 11.54%. Our most recent consensus estimate is calling for quarterly revenue of $522.66 million, up 25.7% from the year-ago period.
BROS's full-year Zacks Consensus Estimates are calling for earnings of $0.93 per share and revenue of $2.08 billion. These results would represent year-over-year changes of +22.37% and +27.07%, respectively.
It is also important to note the recent changes to analyst estimates for Dutch Bros. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.23% higher. Dutch Bros is holding a Zacks Rank of #2 (Buy) right now.
Investors should also note Dutch Bros's current valuation metrics, including its Forward P/E ratio of 73.13. This valuation marks a premium compared to its industry average Forward P/E of 20.01.
One should further note that BROS currently holds a PEG ratio of 1.98. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Retail - Restaurants was holding an average PEG ratio of 1.98 at yesterday's closing price.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 206, putting it in the bottom 17% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Cipher Digital Inc. (CIFR - Free Report) closed at $20.47 in the latest trading session, marking a -5.8% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.45%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 1.16%.
Heading into today, shares of the company had lost 10.54% over the past month, lagging the Business Services sector's gain of 4.05% and the S&P 500's gain of 2.14%.
The investment community will be paying close attention to the earnings performance of Cipher Digital Inc. in its upcoming release. The company is forecasted to report an EPS of -$0.24, showcasing a 100% downward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $29.79 million, down 31.62% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.8 per share and a revenue of $232.16 million, indicating changes of +62.79% and +3.67%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Cipher Digital Inc. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Cipher Digital Inc. is currently a Zacks Rank #3 (Hold).
The Technology Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 110, positioning it in the top 45% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Verra To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Verra between February 24, 2026 and May 26, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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New York, New York--(Newsfile Corp. - July 7, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Verra Mobility Corporation ("Verra" or the "Company") (NASDAQ: VRRM) and reminds investors of the August 4, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra's relationship with Avis Budget Group ("Avis"), and in particular obtaining a contract extension with Avis. Further, the Company minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives.
On May 26, 2026, Verra issued a press release announcing a termination notice from Avis regarding its contract and accordingly lowered its 2026 full-year financial outlook. Almost one week later on June 1, 2026, the Company announced a sudden and surprising transition of its President and Chief Executive Officer David Roberts. Following this news, the price of Verra's common stock declined dramatically.
From a closing market price of $13.08 per share on May 26, 2026, Verra's stock price fell to $3.85 per share on May 27, 2026, a decline of about 71%.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Verra's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Verra class action, go to www.faruqilaw.com/VRRM or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the Verra Mobility Securities Class Action Lawsuit:
What is the Verra Mobility securities fraud lawsuit about?
The lawsuit alleges Verra Mobility misled investors about the strength of its relationship with Avis Budget Group, the likelihood of a contract extension, and the risk that major rental car companies could replace Verra's services with alternative solutions.
Who may be eligible to participate in the lawsuit?
Investors who purchased or acquired Verra Mobility (NASDAQ: VRRM) securities between February 24, 2026 and May 26, 2026 may be eligible to participate if they suffered losses related to the alleged misconduct described in the complaint.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff represents the interests of the proposed class and helps oversee the litigation. Investors seeking appointment must file a motion with the court by August 4, 2026. Investors can share in any recovery without serving as lead plaintiff.
What should investors do if they purchased Verra Mobility stock during the Class Period?
Investors should review their transaction records, preserve relevant documents, and evaluate their legal rights. Those who suffered losses may wish to consult counsel regarding participation in the lawsuit or seeking lead plaintiff status before the deadline.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Verra Mobility securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304089
Source: Faruqi & Faruqi LLP
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PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. plans to release its 2026 second-quarter financial results before U.S. financial markets open on Tuesday, Aug. 4, 2026.
In the latest trading session, Axon Enterprise (AXON - Free Report) closed at $640.46, marking a +2.91% move from the previous day. This change outpaced the S&P 500's 0.45% loss on the day. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq decreased by 1.16%.
The maker of stun guns and body cameras's shares have seen an increase of 32.12% over the last month, surpassing the Aerospace sector's gain of 6.21% and the S&P 500's gain of 2.14%.
The investment community will be paying close attention to the earnings performance of Axon Enterprise in its upcoming release. On that day, Axon Enterprise is projected to report earnings of $1.89 per share, which would represent a year-over-year decline of 10.85%. Meanwhile, our latest consensus estimate is calling for revenue of $868.35 million, up 29.89% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $7.83 per share and a revenue of $3.64 billion, signifying shifts of +14.31% and +30.99%, respectively, from the last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Axon Enterprise. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Axon Enterprise currently has a Zacks Rank of #1 (Strong Buy).
In terms of valuation, Axon Enterprise is presently being traded at a Forward P/E ratio of 79.48. This indicates a premium in contrast to its industry's Forward P/E of 40.01.
Also, we should mention that AXON has a PEG ratio of 2.64. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Aerospace - Defense Equipment industry held an average PEG ratio of 2.59.
The Aerospace - Defense Equipment industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 51, positioning it in the top 21% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
New York, New York--(Newsfile Corp. - July 7, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Calix, Inc. (NYSE: CALX) between January 28, 2026 and April 21, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Calix securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Calix class action, go to https://rosenlegal.com/cases/calix-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Calix's first quarter margins had significantly benefited from advanced purchasing of memory components; (2) Calix's advanced supply of memory components was dwindling; (3) as a result, Calix was experiencing negative margin pressure as it was forced to purchase memory components at rising market prices; and (4) as a result of the foregoing, defendants' positive statements about Calix's margins, business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Calix class action, go to https://rosenlegal.com/cases/calix-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304317
Source: The Rosen Law Firm PA
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Tenet Healthcare (THC - Free Report) ended the recent trading session at $208.82, demonstrating a +1.28% change from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 0.45%. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq lost 1.16%.
The hospital operator's stock has climbed by 26.49% in the past month, exceeding the Medical sector's gain of 6.33% and the S&P 500's gain of 2.14%.
The investment community will be paying close attention to the earnings performance of Tenet Healthcare in its upcoming release. The company is slated to reveal its earnings on July 24, 2026. The company's earnings per share (EPS) are projected to be $4.08, reflecting a 1.49% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $5.39 billion, up 2.27% from the year-ago period.
THC's full-year Zacks Consensus Estimates are calling for earnings of $17.61 per share and revenue of $22.02 billion. These results would represent year-over-year changes of +4.95% and +3.32%, respectively.
Investors should also note any recent changes to analyst estimates for Tenet Healthcare. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection remained stagnant. At present, Tenet Healthcare boasts a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that Tenet Healthcare has a Forward P/E ratio of 11.71 right now. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 11.71.
One should further note that THC currently holds a PEG ratio of 1.7. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Medical - Hospital industry stood at 1.7 at the close of the market yesterday.
The Medical - Hospital industry is part of the Medical sector. With its current Zacks Industry Rank of 54, this industry ranks in the top 22% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Duolingo, Inc. (DUOL - Free Report) closed the most recent trading day at $131.95, moving +1.72% from the previous trading session. This move outpaced the S&P 500's daily loss of 0.45%. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq decreased by 1.16%.
The stock of company has risen by 9.97% in the past month, leading the Business Services sector's gain of 4.05% and the S&P 500's gain of 2.14%.
The investment community will be paying close attention to the earnings performance of Duolingo, Inc. in its upcoming release. The company is forecasted to report an EPS of $0.58, showcasing a 36.26% downward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $296.19 million, up 17.42% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.76 per share and revenue of $1.21 billion. These totals would mark changes of -67.79% and +16.36%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Duolingo, Inc. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Duolingo, Inc. is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, Duolingo, Inc. is holding a Forward P/E ratio of 46.97. This represents a premium compared to its industry average Forward P/E of 17.75.
We can additionally observe that DUOL currently boasts a PEG ratio of 1.01. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Technology Services was holding an average PEG ratio of 1.53 at yesterday's closing price.
The Technology Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 110, this industry ranks in the top 45% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Badger Meter, Inc. (NYSE: BMI) between April 18, 2024 and April 16, 2026, inclusive (the "Class Period"), of the important August 3, 2026 lead plaintiff deadline.
So what: If you purchased Badger Meter common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Badger Meter class action, go to https://rosenlegal.com/cases/badger-meter-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 3, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements concerning the drivers of Badger Meter's "record" financial results, demand for Badger Meter's products, and its prospects for continued growth. During the Class Period, defendants told investors that Badger Meter's strong financial results reflected "ongoing favorable industry trends," "secular growth drivers," and "solid operating execution." They likewise touted "strong" demand and said they were seeing "robust order pacing and a strong bid pipeline that positions us well for continued sales and earnings growth," and that Badger Meter possessed a "long runway" for growth.
According to the lawsuit, these statements were materially false and misleading. In truth, Badger Meter's financial results during the Class Period were at least partially attributable to Badger Meter's practice of pulling-forward customer orders to recognize revenue early, which concealed weakening demand and deteriorating near-term order trends. This practice also depleted revenue otherwise available for future periods, ultimately causing the disappointing financial results Badger Meter later reported. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Badger Meter class action, go to https://rosenlegal.com/cases/badger-meter-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
Symbotic Inc. (SYM - Free Report) ended the recent trading session at $41.32, demonstrating a -7.06% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.45% for the day. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 1.16%.
The company's shares have seen an increase of 0.29% over the last month, not keeping up with the Business Services sector's gain of 4.05% and the S&P 500's gain of 2.14%.
Analysts and investors alike will be keeping a close eye on the performance of Symbotic Inc. in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.12, indicating a 340% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $714.76 million, up 20.71% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.5 per share and a revenue of $2.79 billion, signifying shifts of -72.53% and +24.13%, respectively, from the last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Symbotic Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Symbotic Inc. possesses a Zacks Rank of #3 (Hold).
In terms of valuation, Symbotic Inc. is presently being traded at a Forward P/E ratio of 89.37. This valuation marks a premium compared to its industry average Forward P/E of 17.75.
Meanwhile, SYM's PEG ratio is currently 2.98. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Technology Services industry currently had an average PEG ratio of 1.53 as of yesterday's close.
The Technology Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 110, this industry ranks in the top 45% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
In the latest close session, Twilio (TWLO - Free Report) was up +1.38% at $211.97. The stock outperformed the S&P 500, which registered a daily loss of 0.45%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 1.16%.
Shares of the company have depreciated by 1.63% over the course of the past month, underperforming the Computer and Technology sector's gain of 0.38%, and the S&P 500's gain of 2.14%.
The upcoming earnings release of Twilio will be of great interest to investors. The company is expected to report EPS of $1.32, up 10.92% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.42 billion, up 15.84% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.64 per share and revenue of $5.81 billion, indicating changes of +15.34% and +14.61%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Twilio. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Twilio currently has a Zacks Rank of #3 (Hold).
From a valuation perspective, Twilio is currently exchanging hands at a Forward P/E ratio of 37.08. This indicates a premium in contrast to its industry's Forward P/E of 19.77.
Investors should also note that TWLO has a PEG ratio of 2.06 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Internet - Software stocks are, on average, holding a PEG ratio of 1.09 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 95, this industry ranks in the top 39% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Arch Capital Group (ACGL - Free Report) closed at $102.85 in the latest trading session, marking a +1.02% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.45%. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq lost 1.16%.
Shares of the property and casualty insurer witnessed a gain of 13.61% over the previous month, beating the performance of the Finance sector with its gain of 5.72%, and the S&P 500's gain of 2.14%.
Market participants will be closely following the financial results of Arch Capital Group in its upcoming release. The company plans to announce its earnings on July 28, 2026. On that day, Arch Capital Group is projected to report earnings of $2.45 per share, which would represent a year-over-year decline of 5.04%. Meanwhile, the latest consensus estimate predicts the revenue to be $4.6 billion, indicating a 3.39% decrease compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $9.29 per share and revenue of $18.24 billion, which would represent changes of -5.59% and -2.91%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Arch Capital Group. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.06% higher. Arch Capital Group is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that Arch Capital Group has a Forward P/E ratio of 10.95 right now. This represents a discount compared to its industry average Forward P/E of 12.05.
One should further note that ACGL currently holds a PEG ratio of 5.1. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Insurance - Property and Casualty industry held an average PEG ratio of 2.52.
The Insurance - Property and Casualty industry is part of the Finance sector. This group has a Zacks Industry Rank of 108, putting it in the top 44% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Amazon's and Meta's elevated data center CapEx plans may benefit Sterling Infrastructure, Inc. as a key construction partner, as observed in the latter's growing, multi-year backlog and richer margins. STRL may also report another quarter of excellent backlog growth in the upcoming FQ2'26 call, albeit with execution risks against the outsized FQ2'26 consensus estimates. STRL's premium valuations are justified by the double-digit top-line growth prospects, the richer margins, the healthier balance sheet, and the accretive M&A trends feeding their AI-driven growth flywheel.
In the latest close session, Sterling Infrastructure (STRL - Free Report) was down 5.96% at $674.39. The stock trailed the S&P 500, which registered a daily loss of 0.45%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 1.16%.
Prior to today's trading, shares of the civil construction company had lost 19.59% lagged the Construction sector's gain of 2.14% and the S&P 500's gain of 2.14%.
Market participants will be closely following the financial results of Sterling Infrastructure in its upcoming release. On that day, Sterling Infrastructure is projected to report earnings of $5.2 per share, which would represent year-over-year growth of 93.31%. At the same time, our most recent consensus estimate is projecting a revenue of $1.07 billion, reflecting a 74.03% rise from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $19.12 per share and a revenue of $3.96 billion, representing changes of +75.74% and +59.15%, respectively, from the prior year.
Any recent changes to analyst estimates for Sterling Infrastructure should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.82% higher. Sterling Infrastructure is holding a Zacks Rank of #1 (Strong Buy) right now.
In terms of valuation, Sterling Infrastructure is presently being traded at a Forward P/E ratio of 37.5. For comparison, its industry has an average Forward P/E of 25.53, which means Sterling Infrastructure is trading at a premium to the group.
It is also worth noting that STRL currently has a PEG ratio of 2.5. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Engineering - R and D Services industry held an average PEG ratio of 1.63.
The Engineering - R and D Services industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 95, finds itself in the top 39% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of PennyMac Financial Services, Inc. (NYSE: PFSI) resulting from allegations that PennyMac may have issued materially misleading business information to the investing public.
So What: If you purchased PennyMac securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=51887 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
What is this about: On January 29, 2026, PennyMac filed a Current Report with the Securities Exchange Commission on Form 8-K announcing PennyMac's fourth quarter and full-year 2025 financial results. The report stated that PennyMac's "servicing segment pretax income was $37.3 million, down from $157.4 million in the prior quarter and $87.3 million in the fourth quarter of 2024," as well as "[retax income excluding valuation-related items was $47.8 million, down 70 percent from the prior quarter driven primarily by increased realization of mortgage servicing rights (MSR) cash flows as lower mortgage rates drove higher prepayment activity."
On this news, PennyMac's stock price fell $49.78 per share, or 33.3%, to close at $99.92 per share on January 30, 2026.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of GoDaddy Inc. (NYSE: GDDY) resulting from allegations that GoDaddy may have issued materially misleading business information to the investing public.
So What: If you purchased GoDaddy securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/godaddy-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
What is this about: Rosen Law Firm is investigating potential civil securities claims.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. The Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
Nu Holdings Ltd. (NU - Free Report) ended the recent trading session at $13.61, demonstrating a -3.2% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.45%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 1.16%.
Shares of the company witnessed a gain of 21.21% over the previous month, beating the performance of the Finance sector with its gain of 5.72%, and the S&P 500's gain of 2.14%.
The investment community will be closely monitoring the performance of Nu Holdings Ltd. in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.2, reflecting a 42.86% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $5.33 billion, showing a 45.22% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.83 per share and a revenue of $21.89 billion, representing changes of +33.87% and +38.76%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Nu Holdings Ltd. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.48% lower. Nu Holdings Ltd. presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, Nu Holdings Ltd. is holding a Forward P/E ratio of 16.86. This valuation marks a premium compared to its industry average Forward P/E of 11.88.
Investors should also note that NU has a PEG ratio of 0.56 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Banks - Foreign stocks are, on average, holding a PEG ratio of 0.85 based on yesterday's closing prices.
The Banks - Foreign industry is part of the Finance sector. This group has a Zacks Industry Rank of 109, putting it in the top 45% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
In the latest close session, Cleveland-Cliffs (CLF - Free Report) was down 2.35% at $9.54. This change lagged the S&P 500's daily loss of 0.45%. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq lost 1.16%.
The stock of mining company has fallen by 22.95% in the past month, lagging the Basic Materials sector's loss of 0.89% and the S&P 500's gain of 2.14%.
Investors will be eagerly watching for the performance of Cleveland-Cliffs in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 23, 2026. The company is predicted to post an EPS of -$0.18, indicating a 64% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $5.17 billion, up 4.83% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.27 per share and a revenue of $20.59 billion, indicating changes of +89.11% and +10.67%, respectively, from the former year.
Any recent changes to analyst estimates for Cleveland-Cliffs should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 47.83% upward. Currently, Cleveland-Cliffs is carrying a Zacks Rank of #2 (Buy).
The Steel - Producers industry is part of the Basic Materials sector. Currently, this industry holds a Zacks Industry Rank of 70, positioning it in the top 29% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
In the latest trading session, Hims & Hers Health, Inc. (HIMS - Free Report) closed at $36.17, marking a -5.51% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.45%. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq lost 1.16%.
Prior to today's trading, shares of the company had gained 40.89% outpaced the Medical sector's gain of 6.33% and the S&P 500's gain of 2.14%.
Analysts and investors alike will be keeping a close eye on the performance of Hims & Hers Health, Inc. in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of -$0.07, marking a 141.18% fall compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $690.21 million, up 26.68% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of -$0.27 per share and a revenue of $2.91 billion, signifying shifts of -150.94% and +23.78%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Hims & Hers Health, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 49.21% downward. Hims & Hers Health, Inc. currently has a Zacks Rank of #5 (Strong Sell).
In the context of valuation, Hims & Hers Health, Inc. is at present trading with a Forward P/E ratio of 1435.5. This valuation marks a premium compared to its industry average Forward P/E of 28.26.
Investors should also note that HIMS has a PEG ratio of 107.73 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Medical Info Systems industry had an average PEG ratio of 3.21 as trading concluded yesterday.
The Medical Info Systems industry is part of the Medical sector. With its current Zacks Industry Rank of 161, this industry ranks in the bottom 35% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
In the latest trading session, SoundHound AI, Inc. (SOUN - Free Report) closed at $6.64, marking a -4.6% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.45%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 1.16%.
The company's shares have seen a decrease of 7.08% over the last month, not keeping up with the Computer and Technology sector's gain of 0.38% and the S&P 500's gain of 2.14%.
The investment community will be closely monitoring the performance of SoundHound AI, Inc. in its forthcoming earnings report. On that day, SoundHound AI, Inc. is projected to report earnings of -$0.05 per share, which would represent a year-over-year decline of 66.67%. Meanwhile, the latest consensus estimate predicts the revenue to be $52.49 million, indicating a 22.99% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.18 per share and a revenue of $233.16 million, representing changes of -38.46% and +38.03%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for SoundHound AI, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, SoundHound AI, Inc. possesses a Zacks Rank of #4 (Sell).
The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 105, putting it in the top 43% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Nice (NICE - Free Report) ended the recent trading session at $98.63, demonstrating a +1.5% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.45%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 1.16%.
Coming into today, shares of the software company had gained 6.37% in the past month. In that same time, the Computer and Technology sector gained 0.38%, while the S&P 500 gained 2.14%.
Investors will be eagerly watching for the performance of Nice in its upcoming earnings disclosure. The company's upcoming EPS is projected at $2.63, signifying a 12.62% drop compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $767.17 million, indicating a 5.57% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $11.1 per share and a revenue of $3.18 billion, indicating changes of -9.76% and +7.92%, respectively, from the former year.
Any recent changes to analyst estimates for Nice should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Nice currently has a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that Nice has a Forward P/E ratio of 8.76 right now. This represents a discount compared to its industry average Forward P/E of 19.77.
One should further note that NICE currently holds a PEG ratio of 0.82. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Internet - Software industry held an average PEG ratio of 1.09.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 95, finds itself in the top 39% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
NEW YORK, July 07, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Oxford Industries, Inc. (“Oxford” or the “Company”) (NYSE: OXM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Oxford and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On June 10, 2026, Oxford Industries slashed its FY 2026 revenue guidance midpoint to $1.49 billion and projected Q2 sales roughly 5.8% below consensus estimates, representing a material reduction from prior guidance.
On this news, Oxford Industries’ stock price fell $7.36 per share, or 17.01%, to close at $35.92 per share on June 11, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
GE Vernova (GEV - Free Report) closed the most recent trading day at $1,077.08, moving -6.51% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.45%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 1.16%.
The the energy business spun off from General Electric's shares have seen an increase of 23.36% over the last month, surpassing the Oils-Energy sector's loss of 5.87% and the S&P 500's gain of 2.14%.
Market participants will be closely following the financial results of GE Vernova in its upcoming release. The company plans to announce its earnings on July 22, 2026. The company's upcoming EPS is projected at $3.23, signifying a 73.66% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $10.78 billion, up 18.32% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $30.64 per share and a revenue of $45.34 billion, representing changes of +73.21% and +19.09%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for GE Vernova. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.42% higher. GE Vernova currently has a Zacks Rank of #2 (Buy).
In terms of valuation, GE Vernova is presently being traded at a Forward P/E ratio of 37.6. Its industry sports an average Forward P/E of 18.07, so one might conclude that GE Vernova is trading at a premium comparatively.
We can also see that GEV currently has a PEG ratio of 2.09. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Alternative Energy - Other was holding an average PEG ratio of 2.16 at yesterday's closing price.
The Alternative Energy - Other industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 101, placing it within the top 42% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Aptiv PLC (APTV - Free Report) closed the most recent trading day at $58.85, moving -1.47% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.45%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 1.16%.
Heading into today, shares of the company had lost 13.8% over the past month, lagging the Business Services sector's gain of 4.05% and the S&P 500's gain of 2.14%.
The upcoming earnings release of Aptiv PLC will be of great interest to investors. It is anticipated that the company will report an EPS of $1.41, marking a 33.49% fall compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $3.29 billion, indicating a 36.74% downward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.25 per share and a revenue of $15.1 billion, indicating changes of -20.08% and -26%, respectively, from the former year.
Any recent changes to analyst estimates for Aptiv PLC should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.72% lower. Right now, Aptiv PLC possesses a Zacks Rank of #4 (Sell).
Investors should also note Aptiv PLC's current valuation metrics, including its Forward P/E ratio of 9.55. This expresses a discount compared to the average Forward P/E of 17.75 of its industry.
Investors should also note that APTV has a PEG ratio of 1.05 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Technology Services industry held an average PEG ratio of 1.53.
The Technology Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 110, this industry ranks in the top 45% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
In the latest trading session, Cava Group (CAVA - Free Report) closed at $69.74, marking a -3.02% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.45% for the day. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 1.16%.
Shares of the Mediterranean restaurant chain have depreciated by 2.32% over the course of the past month, underperforming the Retail-Wholesale sector's loss of 0.18%, and the S&P 500's gain of 2.14%.
The investment community will be closely monitoring the performance of Cava Group in its forthcoming earnings report. On that day, Cava Group is projected to report earnings of $0.17 per share, which would represent year-over-year growth of 6.25%. Our most recent consensus estimate is calling for quarterly revenue of $353.73 million, up 26.06% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.55 per share and revenue of $1.49 billion, which would represent changes of +1.85% and +26.21%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Cava Group. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Cava Group presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, Cava Group is holding a Forward P/E ratio of 131.95. This valuation marks a premium compared to its industry average Forward P/E of 20.01.
Meanwhile, CAVA's PEG ratio is currently 4.93. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. CAVA's industry had an average PEG ratio of 1.98 as of yesterday's close.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 206, positioning it in the bottom 17% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Figma (NYSE:FIG) was reinstated with a ‘Buy’ rating and a $30 price objective by Bank of America, with the firm arguing that artificial intelligence is likely to strengthen the company's competitive position rather than undermine it.
Shares of Figma traded higher on the news, adding more than 7% at about $23 on Tuesday afternoon.
Bank of America analysts wrote that concerns over generative AI disrupting the design software market have weighed on the stock, but they believe AI is more likely to act as a tailwind by expanding demand for collaborative workflows.
The firm also pointed to progress in Figma's transition toward a hybrid consumption- and seat-based pricing model as a potential driver of additional monetization.
The analysts wrote that while AI can speed up content creation, it also increases the need for platforms that enable teams to collaborate, coordinate and move AI-generated work into production environments. They expect this trend to reinforce Figma's strategic role as more individuals and organizations adopt AI tools.
Bank of America also cited early signs that AI-related products are contributing to growth. According to the firm, 75% of enterprise customers purchased additional AI credits after exceeding their initial allocations during the first quarter of fiscal 2026, which the analysts wrote reflects strong engagement and willingness to pay for AI capabilities.
The firm noted that enterprise customers generating more than $100,000 in annual recurring revenue increased 48% year over year, while net dollar retention stood at 139% and paid-user growth reached 54%.
Bank of America said it expects Figma's revenue to grow 36% in fiscal 2026 and 23% in fiscal 2027. The firm values the company at 8 times estimated calendar 2027 enterprise value-to-sales, citing what it views as a premium growth profile despite expected near-term margin pressure from AI investments.
The analysts wrote that key risks to their outlook include slower-than-expected adoption, increased competitive pressure and weaker monetization of AI offerings.
OneSpan (OSPN - Free Report) closed the most recent trading day at $14.82, moving -1.79% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.45%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 1.16%.
The internet security company's shares have seen an increase of 6.49% over the last month, surpassing the Computer and Technology sector's gain of 0.38% and the S&P 500's gain of 2.14%.
Investors will be eagerly watching for the performance of OneSpan in its upcoming earnings disclosure. The company is expected to report EPS of $0.25, down 26.47% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $57.75 million, indicating a 3.49% downward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.23 per share and revenue of $246.53 million, indicating changes of -17.45% and +1.38%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for OneSpan. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. OneSpan is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note OneSpan's current valuation metrics, including its Forward P/E ratio of 12.27. For comparison, its industry has an average Forward P/E of 19.77, which means OneSpan is trading at a discount to the group.
Also, we should mention that OSPN has a PEG ratio of 1.12. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Internet - Software industry held an average PEG ratio of 1.09.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 95, placing it within the top 39% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow OSPN in the coming trading sessions, be sure to utilize Zacks.com.
Silicon Motion (SIMO - Free Report) ended the recent trading session at $294.90, demonstrating a -7.51% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.45%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 1.16%.
Shares of the chip company witnessed a gain of 21.14% over the previous month, beating the performance of the Computer and Technology sector with its gain of 0.38%, and the S&P 500's gain of 2.14%.
Market participants will be closely following the financial results of Silicon Motion in its upcoming release. The company's earnings per share (EPS) are projected to be $2.09, reflecting a 202.9% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $401.53 million, up 102.1% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $8.87 per share and a revenue of $1.57 billion, signifying shifts of +149.86% and +77.66%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for Silicon Motion. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 3.66% higher. As of now, Silicon Motion holds a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, Silicon Motion is holding a Forward P/E ratio of 35.96. Its industry sports an average Forward P/E of 27.52, so one might conclude that Silicon Motion is trading at a premium comparatively.
We can also see that SIMO currently has a PEG ratio of 0.67. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Computer - Integrated Systems was holding an average PEG ratio of 1.03 at yesterday's closing price.
The Computer - Integrated Systems industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 5, finds itself in the top 3% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Fiserv (FISV +1.74%) was serving up modest gains for its shareholders on Tuesday. The veteran fintech's stock climbed largely due to a media report that management was in discussions with several banks about selling one of its business units. This lifted the stock by nearly 2%, on a day when the benchmark S&P 500 index dipped by 0.5%.
Fed by fees After market close on Monday, Reuters published an article stating that Fiserv had engaged in talks with several lenders about selling STAR Network, its debit card processing unit. Citing an unnamed "source familiar with the matter," the news agency wrote that the banks engaged in discussions include Bank of America, JPMorgan Chase, Wells Fargo, and PNC.
Image source: Getty Images.
STAR Network is essentially the "pipes" of a system that routes debit transactions among banks, transacting customers, and merchants selling purchased goods and services. Reuters quoted Fiserv data indicating the company serves over 115 million debit card holders via the network. Its tally of serviced financial institutions is over 2,800.
The Reuters article comes on the heels of a story published in The Wall Street Journal earlier on Monday. The WSJ, citing unidentified "people familiar with the matter," wrote that the banks have a strong motive to own STAR Network, as it could allow them an exemption from debit-card fee caps enshrined in federal law.
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Banking on a turnaround Neither article stated how much the sale of STAR Network might bring to Fiserv, so at this point, any potential deal is rank speculation. Yet if accurate, these reports indicate that the company is attempting to slim down and rationalize its business after a period of struggle, so it's little wonder investors greeted the news so positively. This is certainly a development worth monitoring.
Wells Fargo 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. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase. The Motley Fool has a disclosure policy.
Sandisk (SNDK 7.42%) has been one of the big winners on the stock market over the last year as the maker of flash memory storage products, including USB flash drives and solid-state drives, has seen profits soar due to the memory shortage.
In June, the stock jumped again, rising 34% according to data from S&P Global Market Intelligence, as the company benefited from a strong earnings report from Micron, an industry bellwether, which said that the shortage in the memory sector would last through 2027, which favors continued bumper profits for Sandisk and Micron.
Image source: Getty Images.
What happened with Sandisk There wasn't much company-specific news out on Sandisk last month, though the stock has become highly volatile, swinging wildly day-to-day as sentiment shifts and analysts update their models.
The biggest data point we got in June seemed to come from Micron, which easily beat estimates on the top and bottom lines, and posted guidance that was ahead of expectations as well.
Micron's results show how severe the memory shortage has gotten, as its margins soared, as it reported 85% gross margin in its fiscal third quarter and a whopping 80% operating margin. Those kinds of profits won't be sustainable over the long term, but Sandisk could be next up to get a boost from an earnings blowout after Micron's report.
Sandisk also received some favorable analyst commentary as Bank of America raised its price target to $2,100 from $1,550 after lifting its estimates on Sandisk due to strong trends in the sector. For 2027, it expects $44 billion in revenue and $188 in earnings per share, meaning the stock is currently trading at less than 10 times forward earnings.
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What's next for Sandisk Sandisk's gains in June were short-lived as the stock has fallen 31% through July 7 as the market seems to be doubting the strength of the memory trade following reports that Meta Platforms would start its cloud computing service, which some see his evidence that it overspent on its own AI infrastructure.
Additionally, memory stocks fell after Samsung, one of the three large memory chip companies along with Micron and SK Hynix, reported strong earnings, but still declined due to concerns about overspending on AI and future demand for memory chips, which have historically been highly cyclical.
Sandisk is likely to deliver several more quarters of blowout results, but market sentiment is what's driving the stock at this point. Investors should buckle up.
In the latest trading session, Modine (MOD - Free Report) closed at $230.41, marking a -2.03% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.45% for the day. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq lost 1.16%.
Heading into today, shares of the heating and cooling products maker had lost 14.55% over the past month, lagging the Auto-Tires-Trucks sector's gain of 5.02% and the S&P 500's gain of 2.14%.
Analysts and investors alike will be keeping a close eye on the performance of Modine in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $1.43, marking a 34.91% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $895.49 million, indicating a 31.15% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $7.73 per share and revenue of $4.03 billion. These totals would mark changes of +53.98% and +26.76%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Modine. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, Modine is carrying a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Modine has a Forward P/E ratio of 30.43 right now. This denotes a premium relative to the industry average Forward P/E of 12.73.
It is also worth noting that MOD currently has a PEG ratio of 0.76. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. MOD's industry had an average PEG ratio of 0.8 as of yesterday's close.
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. Currently, this industry holds a Zacks Industry Rank of 178, positioning it in the bottom 28% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
TeraWulf (WULF 8.60%), an AI and bitcoin mining infrastructure operator, closed at $20.24, down 8.87%. Premarket Anthropic lease news and a midday pullback kept investors focused on the company’s AI buildout and funding plans.
How the markets moved todayThe S&P 500 (^GSPC 0.45%) fell 0.45% to 7,503.85, while the Nasdaq Composite (^IXIC 1.16%) fell 1.16% to 25,818.69. Among digital infrastructure and bitcoin mining with high-performance computing/AI hosting peers, Cipher Digital (CIFR 5.80%) closed at $20.47, down 5.80%, and CleanSpark (CLSK 7.62%) closed at $12.48, down 7.62%.
What this means for investorsTeraWulf’s decline shifted focus from the scale of its Anthropic lease to the execution needed to generate revenue. The 20-year agreement secures a significant AI infrastructure contract, with approximately $19 billion in expected lease revenue and 401 megawatts of planned critical IT load. Initial service is scheduled for the second half of 2027, with full capacity targeted for early 2028. As a result, investors will now be focusing on construction, power delivery, funding, and project timing.
The Abernathy stake sale introduces a capital allocation perspective. By selling its majority interest in the joint venture, TeraWulf is monetizing an approximately $450 million investment and reallocating capital to directly owned AI infrastructure projects. The key challenge now will be whether the company can convert long-term AI demand into sustainable revenue without increasing additional execution or financing risks.
Eric Trie has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
New York, New York--(Newsfile Corp. - July 7, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026.
SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304315
Source: The Rosen Law Firm PA
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NEW YORK, July 07, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of SailPoint, Inc. (“SailPoint” or the “Company”) (NASDAQ: SAIL). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether SailPoint and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On June 9, 2026, SailPoint reported its financial results for the first quarter of its 2027 fiscal year. Although SailPoint reported adjusted EPS above consensus expectations and strong year-over-year revenue growth, management’s outlook for future quarters was more cautious and warned that foreign-exchange headwinds would dampen annual recurring revenue growth.
On this news, SailPoint’s stock price fell $2.03 per share, or 11.48%, to close at $15.66 per share on June 9, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
NEW YORK, July 07, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Cerebras Systems Inc. (“Cerebras” or the “Company”) (NASDAQ: CBRS). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Cerebras and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On or around May 14, 2026, Cerebras completed its initial public offering (“IPO”), selling 30 million shares of Class A common stock priced at $185.00 per share. Then, on June 24, 2026, Cerebras reported its financial results for the first quarter of 2026. Among other items, Cerebras reported a loss of $0.22 per share, missing analyst estimates of a $0.16-per-share loss. In addition, Cerebras forecast a narrower gross margin in its core business, excluding impact from customer warrants and data center pass-through revenues.
On this news, Cerebras’s stock price fell $44.46 per share, or 19.61%, to close at $182.26 per share on June 24, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
The temptation to go all-in on a newly public company like Space Exploration Technologies (SPCX 6.83%) that's getting lots of attention is understandable.
Media companies talk the stock up, friends and family wonder whether they should buy it, and the frenzy can lead to share price pops that perpetuate the feeling that a stock can help you strike it rich.
And yet, that's not how people statistically make the most money in the stock market.
Fidelity research shows that contributing 15% of your income over decades to a 401(k) or IRA, which earns an average annual return of about 7% to 10%, is how most people reach $1 million or more.
That may sound boring, but it's far more stable than betting on SpaceX to set you up for life. Here's why it's probably best not to expect SpaceX to make you rich.
Image source: Getty Images.
SpaceX is burning through cash with no end in sight SpaceX has some very ambitious goals, like colonizing Mars and launching AI data centers into space. The thing about doing both of those things, though, is that it's extremely expensive. The company's capital expenditures (capex) surged 86% in 2025 to $20.7 billion.
And it's not slowing down. Capex spending reached $10 billion in Q1 2026, indicating SpaceX will spend even more this year than last.
While its rocket business and artificial intelligence businesses are costing it money, there is one profitable business: Starlink. SpaceX's connectivity segment (which is made up primarily of Starlink) had about $11.4 billion in sales last year and $4.4 billion in operating income.
Unfortunately, that's not enough to offset the company's total spending, resulting in a net loss of $1.69 per share in 2025.
One of the big problems with SpaceX stock right now is that in addition to the company burning through cash and having significant losses, its shares are still very expensive. The stock has a price-to-sales (P/S) ratio of about 109 right now, compared to the tech sector average P/S ratio of 9.
So, to recap: SpaceX is making big bets on costly tech, its capex spending is ramping up, it's unprofitable, and its shares are very expensive.
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Don't bet it all on SpaceX Look, I understand the appeal of a rocket company. And SpaceX could reduce some of its costs if it achieves certain efficiencies with its Starship rockets. Some analysts project that Starship could cut launch costs by 90% or more compared to its Falcon rockets.
It's also true that SpaceX is doing a good job growing its Starlink business. It now has 12 million subscribers, up from just 2.3 million in 2022. Starlink will likely help SpaceX grow its sales over the coming years and become an even more important part of its business than it is already.
But all of that doesn't cancel out the company's high costs. Nor does it eliminate the inherent volatility most stocks exhibit after a major IPO. Decades of data show that large IPOs typically fizzle out for at least a year, with gains of less than 4% after their IPO date.
All of which means that buying SpaceX today likely won't set you up for life. And if you're tempted to buy some shares right now, it's probably best to wait until the company reports a few quarterly results to see if it's achieving its goals. In the meantime, consider taking the boring route to $1 million by contributing to a retirement account.
Space Exploration Technologies (SPCX 6.72%) has already set several records in just a few weeks as a publicly traded company.
It was the largest IPO ever, raising roughly $75 billion in its offering, and it was also the most valuable listing ever, valued at $1.75 trillion based on the listing price. It opened at more than $1.9 trillion before soaring to nearly $3 trillion briefly two sessions later.
Now, SpaceX is setting another first. It will be the fastest company ever to join the Nasdaq-100, which modified its rules to allow Elon Musk’s space company to join the vaunted index, accepting SpaceX today, less than a month after it went public.
The Invesco QQQ Trust (QQQ 1.88%), which tracks the Nasdaq-100, is one of the largest ETFs in the world with net assets of $490.1 billion. Like the index, the ETF tracks the top 100 non-financial Nasdaq stocks, and that now includes SpaceX.
Image source: SpaceX.
How SpaceX will impact the Nasdaq-100Unlike the S&P 500, which uses a straight market-cap weighting methodology, the Nasdaq-100 uses a modified market-cap weighting one, which takes a company’s float into account. The fund is allocated based on the number of publicly available shares, which makes sense since those are the only shares the ETF can buy.
Currently, only a small percentage of SpaceX stock, less than 5% of shares outstanding, is publicly traded, which means that the space stock makes up less than 1% of the Nasdaq-100 index. However, that will change over time as the company’s staggered lockup periods expire over the next year, allowing investors to sell their shares.
After a year, SpaceX could make up a significantly larger percentage of the Nasdaq-100 if insiders sell their stock and the share price goes up.
Nasdaq-100 ETFs like the QQQ are popular and have a strong track record of outperforming the S&P 500 since the dot-com era.
If you own the Invesco QQQ Trust or another Nasdaq-100 ETF like the recently launched State Street SPDR Portfolio Nasdaq-100 ETF (QNDX 1.80%), you should be mindful of SpaceX’s inclusion; however, with an allocation of less than 1%, it’s unlikely to have a significant impact on the ETF.
Still, since you now own SpaceX through the ETF, you may be less interested in buying the stock directly.
Similarly, SpaceX’s inclusion in the Nasdaq-100 is unlikely to affect the stock. Index inclusion is a net positive as it forces ETFs to buy the stock, but only $4.3 billion in passive buying was expected for SpaceX as it joins the Nasdaq-100, which is unlikely to move the stock, as it represents just about 0.2% of the stock.
Overall, SpaceX’s addition to the Nasdaq-100 won’t have a significant effect on QQQ or your portfolio, at least for now, but it's worth paying attention to what SpaceX does in the next year, both with its performance and its float, as its impact on the Nasdaq-100 is likely to grow over time.
Space Exploration Technologies (SPCX 6.83%) joins the Nasdaq-100 index on July 7, less than a month after going public. J.P. Morgan, part of JPMorgan Chase, estimates the move could create about $4.3 billion in passive buying by funds tied to the index.
Image source: Getty Images
If OpenAI and Anthropic go public at valuations even close to expected, could they also quickly enter index funds, including the S&P 500? Let's find out.
SpaceX shows the fast path into index funds The biggest catalyst is Nasdaq's new fast-entry rule. Under the updated Nasdaq-100 methodology, the largest new listings can be reviewed on their seventh trading day if their full market value ranks among the top 40 current Nasdaq-100 companies. The companies also need to meet Nasdaq's eligibility rules and have enough trading liquidity.
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Nasdaq may consider both listed and unlisted shares when determining eligibility and ranking, but the company's actual weight in the index is based only on listed shares. So OpenAI and Anthropic could go public at high valuations, but their impact on the index would depend on how many shares are actually listed for trading, not just on their total market value.
The Nasdaq-100 includes large non-financial companies listed on the Nasdaq. So OpenAI or Anthropic would probably need a Nasdaq listing to follow SpaceX's clearest fast-entry route.
Although SpaceX's fast index entry can be a short-term growth catalyst for the stock, it does not automatically make the stock safer or cheaper. Index funds buy stocks because they meet index rules, not because the business is risk-free or attractively valued.
Upcoming IPOs According to Reuters, OpenAI has already filed confidentially for its IPO and is targeting a valuation close to $1 trillion. OpenAI already has massive scale, with more than 900 million weekly ChatGPT users, more than 50 million paying consumers, and about $2 billion in monthly revenue (as of March 2026). However, the company is reportedly not expected to be profitable until 2030. Hence, although OpenAI's scale could quickly attract index attention, its long profitability timeline may keep valuation risk high.
Anthropic is also moving toward the public market. The company said it has confidentially filed its IPO paperwork. It also raised $65 billion in new funding, giving it a valuation of $965 billion in May 2026. A valuation that large could make Anthropic important to broad-market indexes soon after listing. The funding also shows how much money frontier AI companies need to keep expanding their computing capacity.
Hence, a public OpenAI or Anthropic would give index investors direct exposure to frontier AI model companies, not just the infrastructure companies powering them.
Inclusion in the S&P 500 can be harder The biggest risk is assuming that a company's quick index inclusion can also translate into quick inclusion in the S&P 500. However, S&P Dow Jones Indices, part of S&P Global, recently decided not to loosen its main eligibility rules for the S&P 500, S&P MidCap 400, and S&P SmallCap 600. So newly public companies will still need at least 12 months of trading history before they can be considered for inclusion in these indexes. They also need to pass S&P's profitability test, which usually requires positive GAAP net income in the latest quarter and over the past four quarters combined.
OpenAI still has a long road to profitability. Anthropic's heavy computing needs could also make S&P's profitability screen a harder hurdle.
However, S&P Dow Jones Indices changed eligibility rules for the S&P Total Market Index, S&P Completion Index, and Dow Jones U.S. Total Stock Market Index. Eligible IPOs can still get fast-track entry into some indexes if they meet the updated float and other requirements. So OpenAI and Anthropic could enter these market indexes soon after going public.
Regulation challenges are also important for investors. According to Reuters, OpenAI seems to be considering giving a 5% stake to the U.S. government. Anthropic also had to disable access to its top-tier models after a U.S. government order limiting foreign access. While these challenges may not prevent either company from entering certain indexes after listing, they may negatively affect IPO timing, valuation, revenue visibility, and post-listing volatility.
SpaceX shows that mega IPOs can quickly enter some index funds, especially through Nasdaq-linked and broad-market products. Investors should focus not only on whether these companies enter indexes, but also on which indexes they enter, how much weight they receive, and whether the businesses can justify their valuations after the first wave of passive buying.
Meta has unveiled its new AI image generator, Muse Image, which was produced by Meta Superintelligence Labs, the company’s dedicated AI unit.
The new feature, which was internally code-named Mango, will be available for free through the Meta AI app, as well as in Instagram Stories and WhatsApp.
What exactly can you do with Muse? It sounds like the use-cases are similar to most other AI image generators — you’ll be able to create a whole lot of goofy and cartoonish images, for instance.
If you’re suffering from a dearth of imagination and can’t come up with any original prompts on your own, Meta says that Muse comes with “presets” — prefabricated image prompts — to “spark ideas.”
An accompanying video shows other potential uses. One is to use Muse to create custom ads (AI has notably crept into advertising over the past year) or to play around with interior decoration ideas (in the video, a user leverages Muse to see what a used couch might look like in their garage). This last function is designed to be integrated with Facebook Marketplace, Meta’s popular Craigslist-like locus of used furniture and accessories.
The model also features prompt-based image editing, which can be used to create images to share across Meta’s various apps and platforms.
“Ask it to mock up an image of you in front of a historical landmark, cleanly erase a photobomber from the background of a shot, or write a custom prompt to build a functional QR code,” the company offers.
At the same time, Meta is launching a host of new AI effects for Instagram Stories which are supported by Muse. Those effects include various customizable filters that can be used to modify existing photos.
Meta says that the use of the new AI model is free for “everyday creation” although, past a certain limit, users will need to use Meta’s subscription plans.
The company also said that Muse Video — presumably an AI video generator — is “already in development.” TechCrunch reached out to Meta for more information.
Meta has released a number of AI apps and services over the past year, including an assistant called Creator, and Pocket, an app that can be used to vibe code video games. The company has been accused of having a nebulous AI strategy, although it’s still on track to spend a whole lot on AI infrastructure this year as it continues to build out its services.
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.
Lucas is a senior writer at TechCrunch, where he covers artificial intelligence, consumer tech, and startups. He previously covered AI and cybersecurity at Gizmodo. You can contact Lucas by emailing [email protected].
In the latest trading session, Meta Platforms (META - Free Report) closed at $615.58, marking a +2.55% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.45%. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq lost 1.16%.
The stock of social media company has risen by 2.55% in the past month, leading the Computer and Technology sector's gain of 0.38% and the S&P 500's gain of 2.14%.
The upcoming earnings release of Meta Platforms will be of great interest to investors. The company's upcoming EPS is projected at $7.09, signifying a 0.70% drop compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $60.2 billion, indicating a 26.69% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $33.11 per share and revenue of $253.41 billion, which would represent changes of +40.95% and +26.09%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Meta Platforms. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.36% rise in the Zacks Consensus EPS estimate. Meta Platforms currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Meta Platforms is currently trading at a Forward P/E ratio of 18.13. For comparison, its industry has an average Forward P/E of 19.77, which means Meta Platforms is trading at a discount to the group.
We can also see that META currently has a PEG ratio of 0.94. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Software industry had an average PEG ratio of 1.09 as trading concluded yesterday.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 95, this industry ranks in the top 39% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Meta has begun rolling out an image generation model available in Meta AI.
Muse Image is the first such model developed by Meta Superintelligence Labs, the company said in a Tuesday (July 7) press release.
The model understands complex prompts and blends multiple photos into creations that can be downloaded and shared to the user’s chat, story or feed.
It also features suggested prompts designed to spark ideas, the ability to “@ mention” to add photos to creations, and the ability to sketch changes or edits directly on images.
“Muse Image also powers creative experiences on Instagram and WhatsApp, and is coming soon to Facebook, Messenger and for advertisers through Meta Advantage+ creative,” Meta said in the release.
In another Tuesday press release meant for businesses, Meta said Muse Image will start helping power image generation in Meta Advantage+ creative within weeks and will bring smarter reasoning and iterative refinement to Meta’s existing generative AI ad creation tool.
“Early results with Muse Image-powered generation variants show strong promise—advertisers who tested the experience cited higher-quality creative, with photorealism and product integrity standing out,” the company said in the release.
In a Tuesday blog post introducing Muse Image, Meta said the tool can follow instructions faithfully, edit with precision, compose from multiple references, draw on Instagram for social context, provide agentic tool use and integrate with Meta’s Muse Spark.
Meta announced Muse Spark in April, saying that it is the first in a series of new AI models, that it powers the Meta AI app and website, and that it would soon roll out to the company’s social media platforms and AI glasses.
Later in April, during the company’s earnings call, Meta CEO Mark Zuckerberg said that it had seen a surge in business users employing its AI tools and that the number of conversations these tools were handling had leapt from 1 million a week at the start of the year to 10 million a week by late March.
It was reported in June that after spending $14 billion to bring Alexandr Wang and his Scale AI team into the fold in 2025, Meta is facing pressure to prove it can monetize the resulting AI tools such as Muse Spark.
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The long-wheelbase Model Y L adds a usable third row with a negligible range penalty, but its $61,990 Launch Series price undercuts no one.
Tesla Stretches Its Model Y for a Roomier Third Row, Extending the Price Even More Why now? What's different from the standard Model Y Fighting on two fronts Tesla has added an actual, reasonable third row of seats to its Tesla Model Y. The automaker brought a long-wheelbase variant of the Model Y electric SUV to its US lineup, shoring up a gap in its fleet and bracing the brand against new electric SUV competition.
The Model Y L Premium Launch Series quietly opened for order at Tesla's website and dealerships last week, priced at $61,990 for the new six-seat configuration.
This longer Model Y isn't exactly new to the world -- it originally debuted as a Chinese exclusive model in mid-2025 -- but this is the first time it'll be available in North America.
Why now? Earlier this year, Tesla announced its intent to discontinue its three-row Model X electric SUV alongside the Model S sedan, refocusing its Fremont, California, factory on the development of its Optimus humanoid robot. Sunsetting the Model X leaves Tesla with nothing to challenge the Rivian R1S, Kia EV9, Hyundai Ioniq 9 and Cadillac Vistiq in the highly lucrative full-size, three-row SUV class. Meanwhile, Rivian's new R2 just pulled up into the midsize electric SUV space, ramping up deliveries to customers last month and boasting more space for people and cargo than Tesla's Model Y.
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The Model Y L adds about 6 inches to the midsize SUV's wheelbase.
TeslaBringing the existing long-wheelbase Model Y L here, to Tesla's home market, allows the automaker to shore up the shortcomings on two fronts (both a true three-row and midsize SUV) with one car, without incurring outsized R&D costs and with minimal factory retooling. Beyond a mild facelift, the Model Y chassis hasn't been updated significantly since its 2019 debut, so this isn't the most exciting move for those hungry for the next new thing from Tesla.
What's different from the standard Model Y The L stretches the Model Y platform in three dimensions. Overall, the EV is around 7.6 inches longer than the now-familiar SUV at 195.9 inches bumper-to-bumper and 1.7 inches taller (65.7 inches). More difficult to tell from the curbside, the Model Y L is also around 212 pounds heavier, tipping the scales at around 4,600 pounds. Most significantly, the EV's wheelbase grows by 5.8 inches to 119.7 inches between the axles.
Tesla Model Y L compared
Tesla Model Y PremiumRivian R2Tesla Model Y L Rivian R1sWheelbase 113.9 in115.6 in119.7 in121.1 inLength 188.6 in185.9 in195.9 in200.8 inHeight 64.0 in66.9 in65.7 in77.3 in That extra wheelbase opens up a proper third row for passengers and more room for cargo (89 cubic feet vs. 76 for the standard wheelbase. This longer Y isn't much wider, so rather than a cramped seven-seat bench configuration, Tesla went with a 2+2+2, six-seat layout with second-row captain's chairs. The first two rows have heated and ventilated seats. The second row gets its own 8-inch touchscreen, while the front display grows to 16 inches, matching the updates that came to the Model Y Performance earlier this year.
The new third-row seats are a bit more economy class than the rest, lacking temperature-controlled surfaces or access to a screen. Still, I'd reckon they're a step up over the optional (and uncomfortable) jump seats that fold out of the standard model's cargo floor. At the very least, wayback riders now get their own dedicated speakers -- with 18 drivers overall now versus the standard model's 15 speakers -- and air vents.
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With more space inside, Tesla opted for captain's chairs for the second-row passengers.
TeslaUnder the hood, so to speak, the Model Y L Launch Series is a Premium AWD model with a little extra around the midsection. Its dual-motor setup outputs an estimated 514 hp and 435 pound-feet of torque (590 Nm) and is powered by the same roughly 80-kilowatt-hour battery as its smaller sister. Tesla and the US EPA estimate a range of 325 miles. That's only around 2 miles less than the standard Model Y Premium AWD. Oddly, the Y L claims a 4.4-second 0-60 mph sprint, which is about two-tenths quicker than the standard Model Y AWD despite the added mass. Weird.
The Y L continues to differentiate itself from the standard Y with the inclusion of vehicle-to-load bidirectional power (120V/20A AC when used with its charge port outlet adapter) and an electronic continuously variable suspension, which promises a more premium ride than the standard passive dampers. Owners will also be able to try out Tesla's Full Self-Driving (Supervised) driver aid tech for 12 months instead of the normal 1-month trial. (Though the $99 per month thereafter is the same.) It's unclear, however, whether these equipment and feature differences are specific and unique to the debut or will be carried through to future non-Launch Series examples.
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The more spacious third row is still economy class compared to the first two rows, but should be an improvement over the old jump seats.
Tesla Fighting on two fronts The $61,990 Launch Series Model Y L also arrives with special badging and graphics, inside and out, unique puddle lights, door-sill plates and suede dashboard trim. Even with these touches and the aforementioned extra equipment, the price is steep compared to the standard Model Y Premium AWD ($49,990). This initial batch will likely be followed by less expensive Standard and Premium configurations, but Tesla hasn't announced these post-Launch Series Model Y L models or how much they will eventually cost.
For $57,990, the new Rivian R2 Launch Package undercuts the Model Y L on price while offering similar range and features. Over the coming months, the R2 lineup will be joined by even more affordable trim levels, eventually reaching as low as $48,490 for the R2 Standard in 2027. That said, the Tesla Y L is also a larger three-row family hauler that doesn't necessarily directly compete with the R2 -- it slots in somewhere between the R2 and larger R1S ($83,990) in most dimensions and specs.
That makes cross-shopping the Tesla with other three-row EVs a bit more complicated, but it also means shoppers have a wider range of choices when choosing the right-size vehicle for their needs.
Antuan started out in the automotive industry the old-fashioned way, by turning wrenches in a driveway and picking up speeding tickets. He now has nearly 20 years of expertise and experience behind the wheel of hundreds of cars, including electric, hybrid, plug-in hybrid, hydrogen, and traditional combustion vehicles. For each car he tests, Antuan covers more than 200 miles behind the wheel and evaluates driving dynamics; acceleration and braking performance; range; and efficiency. Antuan's goal is to use his extensive car knowledge to educate CNET readers and help with their next car-related buying decision. Whether you're EV-curious, an EV-enthusiast or a combustion-car loyalist, Antuan will bring you the unbiased advice, reviews, best lists and news you need. You can reach Antuan at [email protected]
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CNET staff -- not advertisers, partners or business interests -- determine how we review the products and services we cover. If you buy through our links, we may get paid.
Antuan Goodwin Senior Writer, Electrified Cars
Antuan started out in the automotive industry the old-fashioned way, by turning wrenches in a driveway and picking up speeding tickets. He now has nearly 20 years of expertise and experience behind the wheel of hundreds of cars, including electric, hybrid, plug-in hybrid, hydrogen, and traditional combustion vehicles. For each car he tests, Antuan covers more than 200 miles behind the wheel and evaluates driving dynamics; acceleration and braking performance; range; and efficiency. Antuan's goal is to use his extensive car knowledge to educate CNET readers and help with their next car-related buying decision. Whether you're EV-curious, an EV-enthusiast or a combustion-car loyalist, Antuan will bring you the unbiased advice, reviews, best lists and news you need. You can reach Antuan at [email protected]
Expertise Nearly two decades of testing, driving, reporting on, writing about, reviewing, and editing content about electric and ICE cars. Category focus is on electrified cars, EVs, HEVs, PHEVs, ICE cars, EV infrastructure, EV chargers, EV adapters, EV news, auton Credentials
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In the latest close session, Tesla (TSLA - Free Report) was down 4.02% at $402.90. This move lagged the S&P 500's daily loss of 0.45%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 1.16%.
The electric car maker's stock has climbed by 2.65% in the past month, falling short of the Auto-Tires-Trucks sector's gain of 5.02% and outpacing the S&P 500's gain of 2.14%.
The upcoming earnings release of Tesla will be of great interest to investors. The company's earnings report is expected on July 22, 2026. The company's upcoming EPS is projected at $0.46, signifying a 15.00% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $24.47 billion, indicating a 8.76% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.01 per share and revenue of $101.25 billion. These totals would mark changes of +21.08% and +6.77%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Tesla. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 2.14% higher. Currently, Tesla is carrying a Zacks Rank of #3 (Hold).
Digging into valuation, Tesla currently has a Forward P/E ratio of 208.52. This denotes a premium relative to the industry average Forward P/E of 18.85.
We can additionally observe that TSLA currently boasts a PEG ratio of 9.91. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Automotive - Domestic stocks are, on average, holding a PEG ratio of 1 based on yesterday's closing prices.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 83, finds itself in the top 34% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Amazon (AMZN +0.84%) and the phrase "cheap stock" have historically not been associated with each other. For the better part of two decades, Amazon has traded at meaningful premiums as it has grown its dominant e-commerce empire. Now, it's building another empire in a different space: cloud computing. It has been pouring major resources into expanding its artificial intelligence computing footprint, and plans to lay out a jaw-dropping $200 billion on data center capital expenditures in 2026.
The market isn't enthusiastic about that level of spending, which is why the stock isn't trading at its usual premium valuation. As a result, I think now is the perfect time to load up on Amazon shares, as this weaker short-term sentiment is exactly what long-term investors need to gain an upper hand.
Image source: The Motley Fool.
AWS is a major part of the Amazon investment thesis Amazon's commerce growth in North America has maxed out, and the result of that is that its revenue growth has become lackluster. However, its cloud computing division, Amazon Web Services (AWS), is arguably a more important part of its business anyway.
During Q1, AWS accounted for 59% of Amazon's operating profits despite only making up 21% of revenue. That's because the operating margin in this segment is far higher than in e-commerce.
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However, AWS is also the fastest-growing segment within Amazon, so this produces double the effect. During Q1, AWS grew at a 28% rate -- the best in nearly four years. But that growth rate is expected to continue ramping up, as Amazon is spending big on new data centers.
CEO Andy Jassy discussed this effect in his Q1 shareholder letter, noting that the faster AWS grows, the higher its capital expenditures must be to support that growth. AWS has already experienced record-setting growth, and it's clear that more strong growth is on the horizon. Furthermore, AWS already has several customers lined up to use a large chunk of that $200 billion in new capacity it's building, making it a less risky proposition.
As for valuation, there are several ways to value a stock, but when looking at a company where earnings are often heavily affected by one-time costs or changes in the values of investments, using a cash flow-based metric is smart. Because of Amazon's high capex, gauging the stock in relation to cash from operations makes the most sense, as that metric (unlike free cash flow) ignores capital expenditures. From this standpoint, Amazon's stock is near the cheapest level it has been over the past two decades.
AMZN Price to CFO Per Share (TTM) data by YCharts.
With all that in mind, this looks like a perfect time to load up on Amazon shares.
HomeMarketsU.S. & CanadaMarket ExtraMarket ExtraMore than $460 billion in outstanding debt has been issued in recent years by six major companies in the AI race, according to BondCliQJuly 7, 2026, 6:35 p.m. ET
Bonds financing the massive artificial-intelligence buildout were hit hard by selling on Tuesday, as Amazon.com set out to borrow another $25 billion in new debt.
“Most of the weakness in hyperscaler bonds today reflects investors raising cash to participate in Amazon’s new issue, not a change in the underlying credit story,” said John Lloyd, global head of multisector credit at Janus Henderson.
About the Author
Joy Wiltermuth is assistant managing editor, markets. She is based in New York.
NEW YORK, July 07, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Microsoft Corporation (“Microsoft” or the “Company”) (NASDAQ: MSFT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
The class action concerns whether Microsoft and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until August 11, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Microsoft securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
On January 28, 2026, Microsoft announced disappointing results for its fiscal second quarter ended December 31, 2025. First, during the quarter Microsoft’s Azure growth had slowed suddenly and fallen below analyst expectations. During the related earnings call, CFO Amy E. Hood revealed that the slower Azure growth was primarily due to computational capacity constraints, as Microsoft had diverted CPU and GPU capacity to Copilot applications and AI-related R&D. Second, Microsoft revealed that its capital expenditures had increased to $37.5 billion during the quarter, causing Microsoft’s capital expenditures for the first six months of its fiscal 2026 to increase to $72.4 billion compared to $88.2 billion for all of Microsoft’s fiscal 2025. Third, Microsoft revealed, for the first time, that the number of paid Microsoft 365 Copilot seats totaled only 15 million to date, materially below analyst estimates and a fraction of the more than 450 million commercial Microsoft 365 users.
On this news, the price of Microsoft stock fell nearly 10%.
Then, on February 3, 2026, The Wall Street Journal revealed, in an article titled “Microsoft’s Pivotal AI Product Is Running Into Big Problems,” that severe challenges and functionality issues had plagued Microsoft’s Copilot offerings, leading to Copilot losing market share during the Class Period to competing products such as Google’s Gemini. The price of Microsoft stock continued to fall in the days after Microsoft’s second quarter 2026 earnings announcement as the market continued to digest the adverse news and sources such as The Wall Street Journal revealed new adverse information.
Thereafter, on March 17, 2026, The Wall Street Journal revealed in an article titled “Microsoft Seeks More Coherence in AI Efforts With Copilot Reorganization” that Microsoft was reorganizing its Copilot product teams to unify commercial and consumer versions partly in response to the challenges revealed by The Wall Street Journal’s prior reporting on Copilot’s problem-plagued development and disappointing customer adoption.
On this news, the price of Microsoft stock continued to fall.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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Microsoft (MSFT +0.59%) has a massive business with many products and services. And while its overall operations continue to grow and do well, some areas of its business are lagging.
One area that frequently posts underwhelming results is gaming, with the company's Xbox segment typically struggling to show much growth. Microsoft hasn't turned a blind eye to that, and recently made a major announcement as it looks to shake up that area of its business.
Image source: Getty Images.
Microsoft cuts thousands of jobs as it focuses on improving its Xbox division On Monday, Microsoft announced it would be eliminating 4,800 positions, representing just over 2% of its workforce. The bulk of those cuts pertain to its Xbox business, with 3,200 job losses in that area. Xbox CEO Asha Sharma was blunt, saying that "our business today is not healthy," pointing out the poor return on its investments in game studios, noting that "in a typical year, we lost 64 cents for every dollar we invested."
Those kinds of losses are alarming, particularly for a company such as Microsoft, which seemingly has no problem turning a profit. Over the trailing 12 months, the tech company has generated $125 billion in profit on $318 billion in revenue.
Sharma said in a memo that "we must reset Xbox" in order to become more efficient. While the job cuts are not due to artificial intelligence, Sharma believes there are significant complexities across many layers of management that can be drastically reduced. Not only could that cut costs, but it may also speed up decision-making and enable the business to be much more competitive.
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Restructuring Xbox could be an underrated growth catalyst for Microsoft Despite being one of the most popular gaming consoles in the world, Xbox's business has struggled to generate consistent growth for Microsoft. During the first three months of this year, the segment's revenue was down 7% on a foreign-exchange-adjusted basis. And in the previous period, it was down by 6%. Gaming is a huge opportunity for Microsoft, as there are about 200 million monthly active Xbox users and more than 500 million across the company's entire gaming ecosystem.
If the company can find a way to enhance that area of its business, it could not only strengthen its growth rate but also improve its bottom line, making this terrific stock an even better investment than it already is today. Microsoft has been doing exceptionally well with a sluggish Xbox division. If it's able to turn that around, then there can be plenty of upside for Microsoft's stock in both the short and long term.
Microsoft CEO Satya Nadella. Sven Hoppe/picture alliance via Getty Images Microsoft is offering laid-off US employees up to 39 weeks' base pay for most US employees, according to severance offers reviewed by Business Insider.
Microsoft on Monday announced plans to lay off around 4,800 employees, or 2.1% of its global workforce, confirming Business Insider's earlier report.
The US severance package includes a minimum of 60 days of base pay, during which employees will remain on the payroll, up to a maximum of 39 weeks of base pay for most employees, based on seniority and tenure.
Employees at internal levels 64 and below will receive one week of base pay per six months of service, and employees at levels 65 to 67 will receive two weeks of base pay per six months of service. There's a separate package for executives levels 68 and higher.
The company is also offering continued regular stock vesting for six or 12 months for levels 67 and below, based on years of service, and six months of paid health insurance coverage plus an additional 12 months of optional COBRA coverage.
Those terms are similar to those the company offered earlier this year in its Voluntary Retirement Program buyouts, according to a document viewed by Business Insider, except that the layoffs include shorter health insurance coverage durations.
The layoffs come as Microsoft cuts costs and plans significant spending, including $190 billion in capital expenditures this year, primarily related to its AI infrastructure buildout.
The cuts mostly impact the sales and Xbox gaming organizations, Microsoft chief people officer Amy Coleman wrote in an email to employees. Microsoft's Xbox division also plans to cut 20% of its workforce by the end of June.
A maximum of 39 weeks of severance appears more generous than offers from some competing tech companies.
Salesforce, which recently conducted layoffs, has a standard severance package of a minimum of nine weeks and a maximum of 30 weeks of base pay. Oracle offered laid-off US employees four weeks' base salary, plus one week per additional year of employment, up to 26 weeks, as severance.
Meta, meanwhile, recently offered laid-off US employees a severance package including 16 weeks — or four months — in base pay, plus two weeks for every year of continuous employment.
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