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Shares of Freshpet, Inc. (NASDAQ:FRPT – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the eighteen ratings firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $74.25.
A number of research firms recently weighed in on FRPT. Piper Sandler reaffirmed an “overweight” rating on shares of Freshpet in a report on Monday, June 15th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $63.00 price objective on shares of Freshpet in a report on Thursday, May 7th. DA Davidson raised Freshpet to a “strong-buy” rating in a research note on Monday, July 6th. JPMorgan Chase & Co. upgraded Freshpet from a “neutral” rating to an “overweight” rating and increased their target price for the company from $66.00 to $68.00 in a research report on Thursday, May 7th. Finally, Bank of America decreased their target price on Freshpet from $75.00 to $70.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 1st.
View Our Latest Report on Freshpet
Insider Buying and Selling at Freshpet In related news, CEO William B. Cyr sold 42,907 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $47.92, for a total value of $2,056,103.44. Following the transaction, the chief executive officer directly owned 204,585 shares of the company’s stock, valued at approximately $9,803,713.20. This trade represents a 17.34% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders have bought 4,211 shares of company stock worth $215,027 and have sold 235,262 shares worth $11,664,591. 4.30% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Freshpet Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Freshpet by 2.5% in the fourth quarter. Vanguard Group Inc. now owns 5,281,833 shares of the company’s stock valued at $321,822,000 after buying an additional 128,499 shares during the last quarter. William Blair Investment Management LLC grew its holdings in shares of Freshpet by 30.9% in the fourth quarter. William Blair Investment Management LLC now owns 1,952,767 shares of the company’s stock valued at $118,982,000 after purchasing an additional 461,444 shares during the period. Impax Asset Management Group plc increased its position in Freshpet by 100.0% during the fourth quarter. Impax Asset Management Group plc now owns 140,000 shares of the company’s stock worth $8,530,000 after purchasing an additional 70,000 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its position in Freshpet by 107.4% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 193,584 shares of the company’s stock worth $11,795,000 after acquiring an additional 100,260 shares during the period. Finally, Fortis Group Advisors LLC acquired a new stake in Freshpet during the fourth quarter worth $1,722,000.
Freshpet Trading Down 1.6% Shares of Freshpet stock opened at $57.71 on Thursday. The firm has a 50-day simple moving average of $53.41 and a two-hundred day simple moving average of $62.66. The company has a market cap of $2.84 billion, a P/E ratio of 15.43 and a beta of 1.60. Freshpet has a fifty-two week low of $46.45 and a fifty-two week high of $86.00. The company has a debt-to-equity ratio of 0.34, a quick ratio of 5.26 and a current ratio of 6.18.
About Freshpet (Get Free Report)
Freshpet Inc (NASDAQ: FRPT) is a leading pet food company specializing in fresh, refrigerated meals and treats for dogs and cats. The company’s products are formulated with carefully selected, natural ingredients and are designed to offer a higher level of nutrition and freshness than traditional dry or canned pet foods. Freshpet’s offerings include refrigerated rolls, pâtés and snacks, all of which are sold through the refrigerated section of grocery, mass-market and pet specialty stores.
Freshpet’s product portfolio is built around the concept of fresh, minimally processed recipes that do not require preservatives or artificial colors.
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Shares of Mercury Systems Inc (NASDAQ:MRCY – Get Free Report) have received a consensus rating of “Moderate Buy” from the ten analysts that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and three have issued a strong buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $95.7778.
Several brokerages have recently issued reports on MRCY. Wall Street Zen lowered Mercury Systems from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Jefferies Financial Group reissued a “hold” rating and issued a $115.00 price target on shares of Mercury Systems in a report on Friday, July 10th. JPMorgan Chase & Co. increased their price target on shares of Mercury Systems from $99.00 to $101.00 and gave the company a “neutral” rating in a research report on Monday, July 13th. The Goldman Sachs Group raised their price objective on shares of Mercury Systems from $60.00 to $68.00 and gave the stock a “sell” rating in a report on Monday, May 11th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Mercury Systems in a research report on Friday, July 17th.
Get Our Latest Research Report on Mercury Systems
Mercury Systems Price Performance Mercury Systems stock opened at $98.92 on Thursday. Mercury Systems has a 52 week low of $50.13 and a 52 week high of $128.45. The company’s 50 day moving average price is $107.80 and its two-hundred day moving average price is $93.44. The company has a quick ratio of 2.15, a current ratio of 3.19 and a debt-to-equity ratio of 0.40. The stock has a market cap of $5.94 billion, a P/E ratio of -412.17 and a beta of 0.93.
Mercury Systems (NASDAQ:MRCY – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.21. The company had revenue of $235.76 million during the quarter, compared to the consensus estimate of $208.56 million. Mercury Systems had a positive return on equity of 2.22% and a negative net margin of 1.46%.Mercury Systems’s revenue was up 11.5% on a year-over-year basis. During the same period last year, the business posted $0.06 earnings per share. On average, equities analysts predict that Mercury Systems will post 0.35 earnings per share for the current year.
Insider Activity In other news, Director Howard L. Lance sold 9,250 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $99.76, for a total transaction of $922,780.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Steven Ratner sold 2,000 shares of Mercury Systems stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $92.46, for a total transaction of $184,920.00. Following the completion of the sale, the executive vice president directly owned 32,238 shares in the company, valued at $2,980,725.48. This trade represents a 5.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 18,250 shares of company stock valued at $1,733,220 in the last three months. Company insiders own 1.40% of the company’s stock.
Institutional Inflows and Outflows A number of institutional investors have recently made changes to their positions in the company. State Street Corp grew its stake in shares of Mercury Systems by 12.1% during the 4th quarter. State Street Corp now owns 3,423,600 shares of the technology company’s stock worth $249,957,000 after acquiring an additional 368,242 shares during the period. Invesco Ltd. raised its stake in Mercury Systems by 25.1% in the 4th quarter. Invesco Ltd. now owns 1,910,742 shares of the technology company’s stock valued at $139,503,000 after acquiring an additional 383,299 shares during the period. T. Rowe Price Investment Management Inc. lifted its holdings in Mercury Systems by 1.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,542,851 shares of the technology company’s stock valued at $112,644,000 after purchasing an additional 21,182 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Mercury Systems by 3.6% during the fourth quarter. Geode Capital Management LLC now owns 1,368,659 shares of the technology company’s stock valued at $99,940,000 after purchasing an additional 47,174 shares during the last quarter. Finally, Segall Bryant & Hamill LLC boosted its position in Mercury Systems by 46.9% during the first quarter. Segall Bryant & Hamill LLC now owns 934,824 shares of the technology company’s stock worth $68,158,000 after purchasing an additional 298,298 shares during the period. Hedge funds and other institutional investors own 95.99% of the company’s stock.
Mercury Systems Company Profile (Get Free Report)
Mercury Systems, Inc (NASDAQ: MRCY) is a technology company that designs, manufactures and markets secure processing subsystems for aerospace and defense applications. The company’s products are built to address the stringent security, safety and reliability requirements of mission-critical programs, with a focus on radar, electronic warfare, intelligence and other sensor and processing functions. Mercury’s offerings encompass rugged embedded computing modules, high-performance radio frequency (RF) and microwave components, digital signal processing subsystems and secure networking solutions.
Since its origins in advanced signal processing, Mercury Systems has expanded its capabilities through a combination of internal development and targeted acquisitions.
See Also Five stocks we like better than Mercury Systems Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
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Spectrum Brands Holdings Inc. (NYSE:SPB – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $77.09 and traded as high as $89.45. Spectrum Brands shares last traded at $89.1950, with a volume of 235,650 shares changing hands.
Analyst Ratings Changes Several equities research analysts have weighed in on the stock. Canaccord Genuity Group dropped their price target on shares of Spectrum Brands from $100.00 to $99.00 and set a “buy” rating for the company in a research report on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $81.00 price objective on shares of Spectrum Brands in a research report on Friday, May 8th. Weiss Ratings raised shares of Spectrum Brands from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Wells Fargo & Company increased their target price on shares of Spectrum Brands from $80.00 to $85.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 8th. Finally, Wall Street Zen cut Spectrum Brands from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Spectrum Brands has an average rating of “Moderate Buy” and a consensus price target of $87.00.
Check Out Our Latest Research Report on SPB
Spectrum Brands Stock Performance The company has a quick ratio of 1.42, a current ratio of 2.29 and a debt-to-equity ratio of 0.30. The company has a market cap of $2.05 billion, a P/E ratio of 17.02, a P/E/G ratio of 2.79 and a beta of 0.64. The business has a fifty day moving average of $82.59 and a 200 day moving average of $77.09.
Spectrum Brands (NYSE:SPB – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.25 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.21. Spectrum Brands had a net margin of 4.47% and a return on equity of 8.23%. The business had revenue of $708.90 million for the quarter, compared to analysts’ expectations of $676.45 million. During the same quarter in the previous year, the business posted $0.68 earnings per share. The firm’s revenue for the quarter was up 4.9% compared to the same quarter last year. On average, equities analysts predict that Spectrum Brands Holdings Inc. will post 5.32 EPS for the current year.
Spectrum Brands Announces Dividend The business also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th were paid a dividend of $0.47 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.1%. Spectrum Brands’s payout ratio is presently 35.88%.
Insider Activity In related news, CEO David M. Maura purchased 2,500 shares of Spectrum Brands stock in a transaction that occurred on Wednesday, May 20th. The shares were bought at an average price of $72.85 per share, for a total transaction of $182,125.00. Following the completion of the transaction, the chief executive officer directly owned 790,708 shares of the company’s stock, valued at $57,603,077.80. This represents a 0.32% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.50% of the stock is owned by corporate insiders.
Institutional Trading of Spectrum Brands Several large investors have recently bought and sold shares of the company. Manning & Napier Advisors LLC lifted its stake in shares of Spectrum Brands by 9.1% in the 4th quarter. Manning & Napier Advisors LLC now owns 300,000 shares of the company’s stock valued at $17,724,000 after purchasing an additional 25,000 shares during the period. Generali Investments CEE investicni spolecnost a.s. grew its stake in Spectrum Brands by 91.7% in the fourth quarter. Generali Investments CEE investicni spolecnost a.s. now owns 47,935 shares of the company’s stock worth $2,832,000 after purchasing an additional 22,935 shares during the period. Gamco Investors INC. ET AL grew its stake in Spectrum Brands by 8.8% in the fourth quarter. Gamco Investors INC. ET AL now owns 354,082 shares of the company’s stock worth $20,919,000 after purchasing an additional 28,569 shares during the period. LSV Asset Management raised its holdings in Spectrum Brands by 2.9% in the fourth quarter. LSV Asset Management now owns 602,980 shares of the company’s stock worth $35,624,000 after purchasing an additional 17,100 shares in the last quarter. Finally, Pacer Advisors Inc. purchased a new position in Spectrum Brands during the fourth quarter valued at $6,242,000.
Spectrum Brands Company Profile (Get Free Report)
Spectrum Brands Holdings, Inc is a global consumer products company that develops and markets a diverse portfolio of branded household and personal care products. Organized into four principal business segments—Hardware & Home Improvement, Home & Garden, Pet, and Appliances & Personal Care—the company offers a broad range of items including security and plumbing solutions, small electric appliances, grooming tools, and pet care accessories. Its hardware division features well-known brands such as Kwikset, Baldwin and Pfister, while the home appliance segment is anchored by names like Russell Hobbs and Remington.
Read More Five stocks we like better than Spectrum Brands Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play Receive News & Ratings for Spectrum Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spectrum Brands and related companies with MarketBeat.com's FREE daily email newsletter.
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The New Zealand Dollar (NZD) extends losses for the third consecutive day against the US Dollar (USD) on Thursday, with the NZD/USD pair dipping below 0.5800, after being rejected at the 0.5875 area earlier in the week. The Kiwi Dollar is giving away previous gains as higher Oil prices and concerns about the escalation of the Middle East conflict have offset the positive impact of the hawkish Reserve Bank of New Zealand's (RBNZ) monetary policy stance.
The dismal market mood is finally taking a toll on the risk-sensitive Kiwi, as tensions in the Middle East remain high and reports of attacks on vessels sailing through the Red Sea raise concerns that the conflict might extend through the region, boosting fears of disruptions in Oil supply.
Against this background, the barrel of Brent Oil has crossed the $90 line for the first time in the last six weeks. This has prompted investors to shift their focus from inflation to the negative impact on economic growth of another energy shock, which will, ultimately, limit the central bank’s margin to tighten its monetary policy.
Technical Analysis: Key support is at the 0.5750 area
NZD/USD trades just below 0.5800, with bears gathering pace as intraday momentum indicators tread further within negative territory. The 4-hour Relative Strength Index (14) has retreated to 35, approaching oversold levels, while the Moving Average Convergence Divergence (MACD) remains slightly negative, altogether hinting at waning downside momentum but not yet at a clear reversal.
The pair might find some support at previous resistance around 0.5790 (July 10, 13 highs), although the key support area lies at the confluence of the immediate trendline support and the July 13 low, in the area of 0.5750. A confirmation below here would put bears in control, and bring the July 6 and 8 lows, around 0.5675, into focus.
Upside attempts, on the contrary, have been contained below 0.5825 on Thursday, while the key resistance area is in the area between the 61.8% Fibonacci retracement of the June selloff, at 0.5855, and Tuesday's high, at the mentioned 0.5875, which has capped bulls several times during the current month.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
New Zealand Dollar Price Today The table below shows the percentage change of New Zealand Dollar (NZD) against listed major currencies today. New Zealand Dollar was the strongest against the Japanese Yen.
USDEURGBPJPYCADAUDNZDCHFUSD-0.08%0.02%0.11%-0.13%-0.08%0.26%0.05%EUR0.08%0.11%0.21%-0.05%0.00%0.36%0.13%GBP-0.02%-0.11%0.11%-0.17%-0.11%0.25%0.02%JPY-0.11%-0.21%-0.11%-0.25%-0.20%0.13%-0.08%CAD0.13%0.05%0.17%0.25%0.04%0.39%0.16%AUD0.08%-0.00%0.11%0.20%-0.04%0.36%0.16%NZD-0.26%-0.36%-0.25%-0.13%-0.39%-0.36%-0.24%CHF-0.05%-0.13%-0.02%0.08%-0.16%-0.16%0.24% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the New Zealand Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent NZD (base)/USD (quote).
High-yield dividend stocks tend to be slower-growing companies. However, that's not the case with Kinder Morgan (KMI +0.34%). The natural gas pipeline giant grew adjusted earnings per share by a brisk 32% in the second quarter, driven by robust gas demand. That's providing plenty of support for its 3.7%-yielding dividend.
That strong growth should continue, fueled by rising power demand to support AI data centers and other catalysts. It should give the pipeline stock ample power to continue growing its high-yielding dividend.
Image source: Getty Images.
Robust results Kinder Morgan recently reported its second-quarter results. The gas pipeline giant posted $867 million of net income, a record for the second quarter. Meanwhile, its adjusted earnings rocketed 32% to $0.37 per share.
The company's gas pipeline segment generated nearly $1.5 billion in earnings before depreciation and amortization, up 8.5% from the prior year. Kinder Morgan benefited from a 7% uptick in volumes, driven by liquefied natural gas (LNG) deliveries, increased exports to Mexico, and higher power generation demand. It also benefited from a 17% increase in product pipeline earnings and a 43% surge in carbon dioxide profitability, both largely driven by higher commodity prices.
Today's Change
(
0.34
%) $
0.11
Current Price
$
32.49
Kinder Morgan's strong start to the year has it on track to significantly exceed its budget. The company initially expected to generate $1.37 per share of adjusted earnings this year, up about 8% from last year. It now expects to exceed that budget by 12%. The company's higher earnings are further strengthening its balance sheet. It now expects to end the year with a leverage ratio of 3.6 times, down from its 3.8 times target and at the low end of its target range.
The pipeline company completed $660 million of growth capital projects during the quarter. Notable ones included the Cumberland Project to serve a new gas-fired power plant in Tennessee and the expansion of its Gulf Coast Express pipeline to increase gas flow from the Permian Basin to markets in South Texas. It ended the quarter with a $9.6 billion backlog of expansion projects, down $500 million from the first quarter. However, the company's board recently provided contingent approval for nearly $400 million in additional projects that aren't currently in the backlog, with the bulk supporting power generation and local distribution company demand. These secured projects provide visibility into growth through 2030.
AI power demand is emerging as a major catalyst for gas demand. There are currently 277 gigawatts of power demand from data centers under development in the U.S., representing 42 billion cubic feet per day of potential natural gas capacity to meet peak demand. While developers won't build all that capacity and gas won't be the only power source, it's a meaningful long-term growth driver for Kinder Morgan. It's currently pursuing more than $10 billion of additional gas infrastructure expansion opportunities beyond its current backlog to further enhance and extend its growth profile.
High-powered total return potential Kinder Morgan has increased its high-yielding dividend for nine straight years. That trend seems likely to continue due to surging gas demand from AI power and other catalysts. This growth and income combo should give Kinder Morgan the fuel to generate high-octane total returns, making it a great way to cash in on the AI boom.
Diamondback Energy, Inc. (NASDAQ:FANG – Get Free Report) has been assigned an average recommendation of “Buy” from the twenty-five analysts that are currently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, seventeen have given a buy recommendation and four have issued a strong buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $218.6842.
A number of equities research analysts have commented on the stock. Truist Financial dropped their price objective on shares of Diamondback Energy from $242.00 to $220.00 and set a “buy” rating on the stock in a research report on Thursday, July 16th. Weiss Ratings cut shares of Diamondback Energy from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 16th. UBS Group lowered their target price on shares of Diamondback Energy from $246.00 to $243.00 and set a “buy” rating for the company in a research note on Tuesday. Barclays increased their target price on Diamondback Energy from $225.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $249.00 price target on shares of Diamondback Energy in a research note on Wednesday, June 10th.
Get Our Latest Report on FANG
Insiders Place Their Bets In other news, Director Mark Lawrence Plaumann sold 500 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $196.50, for a total transaction of $98,250.00. Following the sale, the director owned 13,437 shares of the company’s stock, valued at approximately $2,640,370.50. This trade represents a 3.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Charles Alvin Meloy sold 83,334 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $187.12, for a total value of $15,593,458.08. Following the sale, the director owned 851,530 shares of the company’s stock, valued at approximately $159,338,293.60. The trade was a 8.91% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 113,691 shares of company stock worth $21,622,752 over the last 90 days. Insiders own 0.64% of the company’s stock.
Institutional Trading of Diamondback Energy Institutional investors have recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. raised its position in Diamondback Energy by 18.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 139,308 shares of the oil and natural gas company’s stock worth $20,942,000 after buying an additional 21,575 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in Diamondback Energy by 4.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,441,622 shares of the oil and natural gas company’s stock worth $216,719,000 after purchasing an additional 56,194 shares in the last quarter. Eagle Global Advisors LLC purchased a new position in Diamondback Energy during the fourth quarter worth about $5,472,000. Hsbc Holdings PLC raised its holdings in Diamondback Energy by 16.3% during the fourth quarter. Hsbc Holdings PLC now owns 338,577 shares of the oil and natural gas company’s stock worth $50,890,000 after purchasing an additional 47,450 shares in the last quarter. Finally, QSM Asset Management Ltd lifted its position in Diamondback Energy by 100.0% in the fourth quarter. QSM Asset Management Ltd now owns 61,000 shares of the oil and natural gas company’s stock valued at $9,170,000 after purchasing an additional 30,500 shares during the period. Hedge funds and other institutional investors own 90.01% of the company’s stock.
Diamondback Energy Stock Performance Shares of FANG opened at $203.02 on Thursday. Diamondback Energy has a 1 year low of $134.30 and a 1 year high of $214.51. The stock has a market capitalization of $57.11 billion, a PE ratio of 236.07 and a beta of 0.42. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.55 and a current ratio of 0.56. The stock has a 50-day simple moving average of $191.29 and a 200-day simple moving average of $182.04.
Diamondback Energy (NASDAQ:FANG – Get Free Report) last issued its earnings results on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share for the quarter, beating the consensus estimate of $3.74 by $0.49. Diamondback Energy had a net margin of 1.87% and a return on equity of 7.76%. The firm had revenue of $4.24 billion for the quarter, compared to analysts’ expectations of $3.83 billion. During the same quarter last year, the company earned $4.54 earnings per share. The firm’s revenue was up 4.7% compared to the same quarter last year. On average, analysts predict that Diamondback Energy will post 18.9 earnings per share for the current fiscal year.
Diamondback Energy Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Thursday, May 14th were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Thursday, May 14th. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.05. Diamondback Energy’s dividend payout ratio (DPR) is currently 511.63%.
Diamondback Energy Company Profile (Get Free Report)
Diamondback Energy, Inc (NASDAQ: FANG) is an independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin. Headquartered in Midland, Texas, the company concentrates its operations in the core Midland and Delaware sub‑basins of West Texas and southeastern New Mexico, where it pursues contiguous acreage positions to support repeatable drilling programs.
Diamondback’s activities span the upstream value chain, including leasehold acquisition, well planning, drilling, completion and production optimization.
Featured Stories Five stocks we like better than Diamondback Energy Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
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The Pound to US Dollar (GBP/USD) exchange rate traded in a narrow range on Wednesday as softer UK inflation was offset by resilient core price growth, while escalating geopolitical tensions supported demand for the US Dollar.
At the time of writing, GBP/USD was trading around $1.3372, little changed from Wednesday’s opening levels.
Latest — Exchange Rates:
Pound to Dollar (GBP/USD): 1.337154 (-0.05%)
Euro to Dollar (EUR/USD): 1.141084 (+0.08%)
Dollar to Yen (USD/JPY): 163.14385 (-0.03%)
DAILY RECAP:
The Pound (GBP) held its ground on Wednesday following the release of the UK's latest inflation figures.
Data from the Office for National Statistics (ONS) showed headline CPI eased from 2.8% to 2.6% in June, below forecasts for a reading of 2.7% and marking the slowest pace of price growth since March 2025.
The softer-than-expected inflation reading had the potential to weigh on Sterling by reinforcing expectations that the more dovish members of the Bank of England (BoE) could resist further policy tightening later this year.
However, pressure on the Pound remained limited. A stickier core inflation reading provided support, while analysts noted that renewed conflict in the Gulf is already pushing energy prices higher, potentially limiting the recent slowdown in inflation.
Meanwhile, the US Dollar (USD) regained some bullish momentum as escalating tensions around the Strait of Hormuz triggered a fresh wave of risk aversion across global markets.
Intensifying hostilities and increasing disruption to shipping through the strategically important waterway pushed Brent crude back above US$94 a barrel, renewing concerns over global energy supplies and boosting demand for traditional safe-haven assets.
The rise in oil prices also reinforced expectations that higher energy costs could feed through into US inflation, supporting the case for further Federal Reserve policy tightening in the months ahead.
Near-Term GBP/USD Forecast: Fiscal Uncertainty Under Burnham to Dampen Sterling? Looking ahead, Thursday brings a brief lull in the UK economic calendar, leaving political developments as the likely driver of the Pound to US Dollar exchange rate.
The ongoing reaction in the UK gilt market to Andy Burnham's first days in office could leave Sterling under pressure if investors remain concerned about the government's spending plans and how they will be funded.
Meanwhile, the US Dollar may face modest pressure if the latest US initial jobless claims report shows an increase in new unemployment claims.
AUDUSD (Australian dollar) finds psychological support
The AUDUSD (Australian dollar) hopes to stop the reversal after finding crucial support at the 0.7000 zone.
Overall, the pair remains bullish to hit a higher high if prices remain above the said support. The RSI’s move to the neutral area triggered the bearish move, which could continue towards 0.6940. Bulls will need to clear 0.7060 before they can hope for a meaningful rebound.
USOIL hits another high
Crude is on the charge after Middle East tensions continue to dominate the headlines.
A series of fresh highs sees bulls remain in control as whispers of the 90.00 level look to be tested soon. On the downside, 86.00 is the first target and bears could look to double down on their positions if prices begin to creep lower. For now, a slight pullback ensues as the black gold awaits the next signal. NAS 100 tech sell-off continues
The Nasdaq looks to take a breather as the bear rally continues.
The index came across some buying interest as tech stocks hope for a fight back. Profit-taking could drive the price lower as there are signs of liquidation. Overall sentiment remains bearish, and trend followers look eager to jump in for another fresh low towards 28200. 29400 is the closest resistance, and 30000 is the obstacle to lift.
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ECB to leave rates but could pave the way to a September hike The ECB will announce its rate decision today at 12:15 GMT. The central bank is expected to leave its deposit rate unchanged at 2.25% after raising rates by 25 basis points in June, as policymakers assess the implications of the renewed U.S.-Iran conflict.
The ceasefire between the U.S. and Iran following June's ECB meeting sent oil prices sharply lower, helping ease inflationary pressures. However, the collapse of that ceasefire and the renewed hostilities have pushed oil back above $95 a barrel, reviving concerns over inflation and increasing the likelihood of further policy tightening.
That puts the focus firmly on ECB President Christine Lagarde's press conference. She is expected to reiterate that the ECB remains data dependent and will continue to take decisions one meeting at a time. However, investors will also be looking for any hints that another rate hike could come as early as September.
The market is currently pricing in around 41 basis points of additional tightening this year, with the deposit rate expected to reach 2.77% by March 2027.
However, the U.S. dollar is also finding support from safe-haven demand as the Middle East conflict deepens. Higher oil prices are fuelling inflation concerns, lifting Treasury yields ahead of next week's FOMC meeting.
As a result, even a hawkish hold from the ECB may struggle to generate a sustained rally in the euro towards 1.1500.
EUR/USD Forecast – Technical Analysis
EUR/USD continues to trade within a descending channel dating back to mid-April.
The pair found support at the 2026 low of 1.1325 and has staged a modest recovery, although it continues to struggle around the 1.1400–1.1450 resistance zone.
Buyers would need to break above this area to move out of the falling channel and bring 1.1500 into focus, where horizontal resistance and the 50-day EMA converge.
A move above there would expose the 200-day EMA at 1.1570, before attention turns to 1.1600, the mid-June swing high. A break above this level would strengthen the bullish outlook.
Oil extends rally for a 5th day as US-Iran conflict deepens and supply worries intensify Oil prices are continuing to rise, with WTI heading towards $90 a barrel and Brent towards $100.
Prices are on track for a third consecutive week of gains, leaving crude up around 28% in July, which would mark the strongest monthly gain since March, when the U.S.-Iran conflict first began.
The latest leg higher comes as the U.S. and Iran exchanged fire for a 12th consecutive night, while concerns over global oil supplies continue to intensify.
Attacks on tankers in the Red Sea by Yemen's Houthis, together with the near closure of the Strait of Hormuz, mean Middle East oil exports are now facing disruption through both the Bab el-Mandeb and the Strait of Hormuz.
As a result, geopolitical risk premiums have returned to the market and are likely to keep oil prices supported as long as shipping disruption persists.
Goldman Sachs believes Brent could reach $120 a barrel by the fourth quarter if the conflict continues to escalate.
However, its base-case forecast remains $80 a barrel, assuming the conflict is eventually resolved.
Oil Forecast – Technical Analysis
Oil has recovered sharply from the $67 low, breaking above several important resistance levels, including the 50-day EMA, the 200-day EMA, the falling trendline and the 50% Fibonacci retracement of the $55–$120 move.
The RSI continues to point to further upside while remaining below overbought territory.
Buyers will look for a move towards $95, the 38.2% Fibonacci retracement, before attention turns to the $100 psychological level.
On the downside, initial support can be seen at $88, the 50% Fibonacci retracement.
Below there, trendline support comes in around $83.50, alongside the 50-day EMA at $82.20.
Further support is located at $80, the 61.8% Fibonacci retracement, followed by the 200-day SMA around $78.
Shares of Arista Networks (ANET +0.28%) charged sharply higher in the first half of 2026, gaining 29.6%, according to data supplied by S&P Global Market Intelligence. That's more than three times the roughly 10% gains of the S&P 500.
The network specialist released back-to-back strong quarterly reports, and strong adoption of artificial intelligence (AI) sent its stock to new all-time highs.
Image source: The Motley Fool.
Second verse, same as the first Arista Networks delivered its fourth-quarter report in early February, and the results were impressive. The company generated record quarterly revenue of $2.49 billion, which grew 29% year over year and 8% quarter over quarter. This drove adjusted earnings per share (EPS) of $0.82 up 24%. Furthermore, Airsta's strong operating margin -- at 47.5% -- helped the company surpass $1 billion in quarterly net income for the first time.
Management suggested its growth streak would continue, increasing its 2026 revenue outlook to $11.25 billion or 25% growth, fueled by an operating margin of 46%.
When Arista reported its first-quarter results just three months later, its growth accelerated. Record revenue of $2.7 billion climbed 35% year over year and 9% quarter over quarter, while adjusted EPS of $0.87 rose 32%. The company also delivered operating cash flow of $1.69 billion, the highest in its history. Arista said it expects its AI-related sales to more than double to $3.25 billion over the next year.
For the second time in as many quarters, management increased its full-year forecast, now guiding for revenue of $11.5 billion or 28% growth, with its operating margin potentially inching higher at 46% to 47%.
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During the Q1 earnings call, CEO Jayshree Ullal said that, in addition to two existing customers that generate 10% or more of revenue -- Microsoft and Meta Platforms -- Arista expects to add "at least one, maybe two" new 10% plus customers before the year is over. That suggests significant upside to the company's already rapid growth.
Arista has an almost unanimous blessing from Wall Street, as 97% of the analysts who cover the stock rate it a buy or strong buy, and none recommend selling. Furthermore, the average price target of $192 implies additional upside of 10%.
Moreover, Arista is a leader in the field of networking, but don't take my word for it. The company has made frequent appearances in Gartner's vaunted Magic Quadrant for data center switching, enterprise wired and wireless local area networks (LAN), and software-defined wide area networks (SD-WAN).
Given the company's crucial role in the data center industry, its continuing history of innovation, and its accelerating growth, I believe Arista Networks is an unqualified buy.
Danny Vena, CPA has positions in Arista Networks, Meta Platforms, and Microsoft. The Motley Fool has positions in and recommends Arista Networks, Meta Platforms, and Microsoft. The Motley Fool recommends Gartner. The Motley Fool has a disclosure policy.
, /PRNewswire/ -- Schall, Brown & Schwartza national shareholder rights litigation firm, reminds investors of a class action lawsuit against AeroVironment, Inc. ("AeroVironment" or "the Company") (NASDAQ: AVAV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
If you purchased AeroVironment, Inc. securities, you may be entitled to compensation without payment of any out-of-pocket fees or costs. Shareholders who purchased shares of AVAV during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why SBS: Schall, Brown & Schwartz represents investors around the world, specializing in securities class action lawsuits and shareholder rights litigation. SBS brings together the extensive experience and diverse skill sets of founding partners Brian Schall, Andrew Brown, and David Schwartz. SBS is dedicated to aggressively advocating for every investor.
CLASS PERIOD: June 25, 2025 to March 10, 2026
DEADLINE: July 27, 2026
Details of the Case: According to the Complaint, the Company made false and misleading statements to the market. AeroVironment downplayed the threat of competition related to its work with the U.S. Space Force's Satellite Communication Augmentation Resource ("SCAR") program. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about AeroVironment, investors suffered damages.
If you are a shareholder who suffered a loss, click here to participate.
We encourage investors to contact Adam Rosen and David Schwartz of Schall, Brown & Schwartz, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
Join the case to recover your losses
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Valmont Industries (NYSE:VMI) reported higher second-quarter 2026 sales and earnings, driven by strength in its Infrastructure segment, particularly North America Utility and Coatings, while Agriculture remained pressured by weaker equipment demand and delayed projects in the Middle East.
President and CEO Avner Applbaum said the company delivered “a strong second quarter” reflecting execution of its strategy. He cited a 6.5% increase in net sales, a 130-basis-point expansion in adjusted operating margin and a 25.8% increase in adjusted earnings per share. Based on the results, Valmont raised its full-year sales and earnings outlook.
“Infrastructure delivered another high-quality quarter, led by 34% growth in North America Utility and 17% growth in Coatings,” Applbaum said. He added that commercial execution, pricing discipline and investments in capacity and throughput helped convert customer demand into profitable growth.
Infrastructure Strength Drives Revenue Growth Executive Vice President and CFO John Schwietz said consolidated net sales rose 6.5% year over year to $1.12 billion. Operating income increased to $166.1 million, while operating margin expanded to 14.8%. Diluted earnings per share rose 25.8% to $6.14. Schwietz said the tax rate remained steady at approximately 26%.
Infrastructure sales increased 14.8% year over year to $879 million. North America Utility sales rose 33.9%, driven by higher pricing and volume growth. Applbaum said demand in Utility continues to be supported by investment in grid modernization, power demand, data centers and electrification, adding that customer discussions suggest the market is in the early stages of a multiyear investment cycle.
North America Coatings sales increased 16.6%, supported by infrastructure and data center demand. Applbaum said the Coatings business is benefiting from higher internal volumes and growing third-party infrastructure demand, supported by Valmont’s galvanizing network.
North America Lighting and Transportation sales declined 2.4% due to lower volumes. Applbaum said Transportation markets remain healthy, while Lighting is being affected by softer residential and commercial construction activity. North America Telecom sales fell 26.1% as carrier spending slowed following the peak of the 5G deployment cycle.
International Infrastructure sales increased 7.4%, helped by favorable foreign exchange and a slight increase in volume. Applbaum said Valmont is pursuing initiatives to strengthen its international businesses, though he described the process as still in its early stages.
Agriculture Margins Improve Despite Lower Sales Agriculture sales declined 15.8% year over year to $244 million. North America sales decreased 2.3%, with reduced volumes partly offset by favorable pricing. International Agriculture sales dropped 28.9%, primarily due to lower Middle East volumes. Schwietz said that outside the Middle East, international Agriculture sales were relatively flat.
Despite the sales decline, Agriculture operating margin improved 90 basis points to 16.5%. Schwietz attributed the improvement to disciplined cost and risk management, and said the actions taken position the segment to expand margins when agricultural markets recover.
Applbaum said global agriculture market conditions remain challenging. In North America, tighter farm economics continue to constrain capital spending. In Brazil, a recently announced government crop plan reduced financing rates for irrigation equipment, but total funding allocated to irrigation is below last year’s level. In the Middle East, the ongoing conflict is causing delays in certain customer projects.
Valmont said it is focusing on higher-value opportunities within Agriculture, including aftermarket and technology solutions. Applbaum said aftermarket parts sales grew approximately 6% in the quarter, while technology services increased 7%, despite softer equipment demand.
Company Raises 2026 Outlook Valmont raised its full-year 2026 net sales guidance to a range of $4.3 billion to $4.45 billion. At the midpoint, Schwietz said that represents approximately 6.7% revenue growth for the year. The company increased its Infrastructure sales outlook to a range of $3.4 billion to $3.5 billion, while maintaining its Agriculture outlook.
The company also raised its diluted earnings per share outlook to a range of $22.25 to $23.50. At the midpoint, Schwietz said the guidance represents nearly 20% growth in adjusted EPS. He said the higher earnings outlook reflects continued strength in North America Utility and Coatings, supported by volume growth and favorable pricing.
Schwietz said raw material and freight costs are expected to remain elevated through the rest of the year, but pricing actions and operational execution are expected to support Infrastructure operating margins at levels consistent with the first half of 2026. In Agriculture, he said margins are expected to moderate in the second half due to normal seasonality.
Valmont maintained its capital expenditure outlook of $170 million to $200 million, with spending weighted toward the second half of the year as it continues investing in capacity expansion.
Cash Flow and Capital Allocation Valmont generated operating cash flow of $148 million in the quarter and ended the period with approximately $139 million in cash. Schwietz said net debt leverage remained close to one times.
The company invested $36 million in capital expenditures during the quarter, primarily to support Utility capacity expansion. It also repaid the remaining $60 million outstanding on its revolving credit facility and returned $75 million to shareholders, including $60 million of share repurchases and $15 million in dividends. At quarter end, approximately $451 million remained available under Valmont’s share repurchase authorization.
Management Addresses Telecom, Inflation and Utility Demand During the question-and-answer portion of the call, CJS Securities analyst Chris Moore asked about visibility in Telecom following the segment’s weaker quarter. Applbaum said Telecom is a quick-turn business with limited backlog visibility and that Valmont did not anticipate the second-quarter softness at the start of the year. He said carriers have shifted spending and are being more disciplined with capital allocation. Valmont now expects Telecom to be down in the teens for the year.
Asked about Agriculture in the Middle East, Applbaum said Valmont manufactures from its Dubai facility and has a flexible model to scale for projects. However, he said regional activity is currently minimal due to the conflict, with customers delaying projects. He said the long-term demand for food security in the region remains compelling.
Stifel analyst Nathan Jones asked whether Valmont was seeing signs of improvement in Agriculture. Applbaum said he would not characterize the market as showing “green shoots,” but said the company is seeing stabilization outside the Middle East. Schwietz said a 16% margin is sustainable for a second quarter in Agriculture, though margins are expected to move into the low teens in the back half of the year due to seasonality.
In response to questions about Infrastructure margins, Schwietz said sequential growth in Infrastructure was driven mostly by price, with a volume component. He said material cost inflation accelerated in the second quarter and is expected to affect the third quarter as well. Later, he said steel was up 27% to 30% year to date and diesel was up 45% year to date, depending on the measure used.
Applbaum said the inflationary pressure is manageable and does not change customer demand, Valmont’s competitive position or its long-term margin trajectory. He also said demand remains strong across transmission, distribution and substations in the Utility business, with capacity constraints more important than demand limitations in determining growth.
About Valmont Industries (NYSE:VMI) Valmont Industries, Inc (NYSE: VMI) is a diversified industrial manufacturer specializing in infrastructure and agricultural products. Headquartered in Omaha, Nebraska, the company engages in the design, production and distribution of engineered products that support water management, power transmission, lighting and traffic infrastructure. Valmont’s solutions range from center-pivot and lateral-move irrigation systems to utility poles, transmission towers, lighting structures and highway traffic signal support structures.
The company operates through several core business segments.
AMSTERDAM and PHILADELPHIA, July 23, 2026 (GLOBE NEWSWIRE) -- Akzo Nobel N.V. (“AkzoNobel”) and Axalta Coating Systems Ltd. (“Axalta”) today announced enhancements to the proposed governance arrangements for the combined company following completion of their pending merger of equals.
Since announcing the proposed all-share merger of equals and convening of the AkzoNobel EGM and Axalta SGM, AkzoNobel and Axalta have engaged extensively with shareholders and other stakeholders on the governance of the combined company. That dialogue has led to the following refinements:
Annual re-election of all Directors following the initial three-year period after completion (previously contemplated following a five-year period after completion); andApproval threshold applicable during the initial three-year period after completion of two-thirds of Non-Executive Directors (previously contemplated as 75%) for (i) any proposal to the general meeting regarding the appointment and dismissal of Directors, (ii) the appointment and removal of the CEO, Deputy CEO and CFO, (iii) designation of the Chair and Vice Chair titles and (iv) amendments to the remuneration policy. Rakesh Sachdev, Chair of the Axalta Board of Directors, stated, “We are pleased to announce these governance enhancements following constructive engagement with our shareholders. We believe these changes reinforce our commitment to strong corporate governance and effective Board oversight while further strengthening the governance framework of the combined company. We appreciate the feedback we've received throughout this process and remain confident that this combination will create a premier global coatings company that delivers significant long-term value for all shareholders.”
Ben Noteboom, Chairman of the Supervisory Board of AkzoNobel, said: “We have listened thoughtfully to our shareholders and believe these changes reflect the spirit of partnership and accountability that will define the combined company from day one. We are grateful for the constructive engagement that has shaped these improvements, which further align the governance of the combined company with the interests of all shareholders and other stakeholders.”
These governance enhancements do not require any changes to the proposed Articles of Association of the combined company. As a result, the AkzoNobel EGM and Axalta SGM planned for August 5, 2026 are proceeding as planned, with the existing agenda items unaffected.
This is a public announcement by Akzo Nobel N.V. and Axalta pursuant to section 17 paragraph 1 of the European Market Abuse Regulation (596/2014).
About AkzoNobel
Since 1792, we’ve been supplying the innovative paints and coatings that help to color people’s lives and protect what matters most. Our world class portfolio of brands – including Dulux, International, Sikkens and Interpon – is trusted by customers around the globe. We’re active in more than 150 countries and use our expertise to sustain and enhance everyday life. Because we believe every surface is an opportunity. It’s what you’d expect from a pioneering and long-established paints company that’s dedicated to providing more sustainable solutions and preserving the best of what we have today – while creating an even better tomorrow. Let’s paint the future together.
About Axalta
Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity and enhance durability. With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 140 countries better every day with the finest coatings, application systems and technology. For more information visit axalta.com and follow us on LinkedIn.
Not for publication – for more information AkzoNobel Media Relations
This media release contains statements which address such key issues as AkzoNobel’s growth strategy, future financial results, market positions, product development, products in the pipeline and product approvals. Such statements should be carefully considered, and it should be understood that many factors could cause forecast and actual results to differ from these statements. These factors include, but are not limited to, price fluctuations, currency fluctuations, developments in raw material and personnel costs, pensions, physical and environmental risks, legal issues, and legislative, fiscal, and other regulatory measures, as well as significant market disruptions. Stated competitive positions are based on management estimates supported by information provided by specialized external agencies. For a more comprehensive discussion of the risk factors affecting our business, please see our latest annual report.
Important Information Regarding the Proposed Axalta Transaction
General Restrictions
This communication is not for release, publication, or distribution, in whole or in part, in or into, directly or indirectly, any jurisdiction in which such release, publication, or distribution would be unlawful.
This communication is not a prospectus and the information in this communication is not intended to be complete. This communication is for informational purposes only and is not intended to be and shall not constitute a solicitation of any vote or approval, or an offer to buy or sell, or the solicitation of an offer to buy or sell, any securities, or an invitation or recommendation to subscribe for, acquire or buy securities of AkzoNobel or Axalta or any other financial products or securities, in any place or jurisdiction, nor shall there be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended (the “Securities Act”).
Any decision to purchase, subscribe for, otherwise acquire, sell or otherwise dispose of any securities must be made only on the basis of the information contained in and incorporated by reference into the prospectus with respect to the shares to be allotted by AkzoNobel in the proposed transaction, which was published on June 24, 2026.
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Additional Information and Where To Find It
In connection with the proposed transaction between AkzoNobel and Axalta, AkzoNobel filed with the U.S. Securities and Exchange Commission (the “SEC”) a registration statement on Form F-4 on May 27, 2026, as amended on June 18, 2026, which included a proxy statement of Axalta that also constitutes a prospectus with respect to the shares to be offered by AkzoNobel in the proposed transaction. The registration statement was declared effective by the SEC on June 23, 2026. In connection with the proposed transaction, on June 24, 2026, Axalta filed with the SEC a definitive proxy statement and, on or about June 24, 2026, Axalta commenced mailing the definitive proxy statement to its holders of record as of June 11, 2026. Each of AkzoNobel and Axalta will also file other relevant documents in connection with the proposed transaction. This communication is not a substitute for any registration statement, proxy statement/prospectus or other documents AkzoNobel and/or Axalta may file with the SEC or any other competent regulator in connection with the proposed transaction. This communication does not contain all the information that should be considered concerning the proposed transaction and is not intended to form the basis of any investment decision or any other decision in respect of the proposed transaction. BEFORE MAKING ANY VOTING OR INVESTMENT DECISIONS, INVESTORS, STOCKHOLDERS AND SHAREHOLDERS OF AKZONOBEL AND AXALTA ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE PROXY STATEMENT/PROSPECTUS, AS APPLICABLE, AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, IN CONNECTION WITH THE PROPOSED TRANSACTION WHEN THEY BECOME AVAILABLE, AS THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT AKZONOBEL, AXALTA, THE PROPOSED TRANSACTION AND RELATED MATTERS. The registration statement and proxy statement/prospectus and other relevant documents filed by AkzoNobel and Axalta with the SEC are available free of charge at the SEC’s website at www.sec.gov. In addition, investors and shareholders are able to obtain free copies of the proxy statement/prospectus and other documents filed with the SEC from Axalta’s investor relations webpage at https://ir.axalta.com/sec-filings/all-sec-filings or from AkzoNobel’s investor relations webpage at https://www.akzonobel.com/en/investors/all-sec-filings.
The contents of this communication should not be construed as financial, legal, business, investment, tax or other professional advice. Each recipient should consult with its own professional advisors for any such matter and advice.
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This communication is not a solicitation of proxies in connection with the proposed transaction. However, under SEC rules, AkzoNobel, Axalta and certain of their respective directors and executive officers and other members of their respective management and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of proxies in connection with the proposed transaction, including a description of their direct or indirect interests in the proposed transaction, by security holdings or otherwise, is set forth in the definitive proxy statement/prospectus relating to the proposed transaction, which was filed with the SEC on June 24, 2026. Information about AkzoNobel’s supervisory board members and members of the board of management is set forth in AkzoNobel’s latest annual report, as filed with the AFM, the Dutch trade register and on its website at https://www.akzonobel.com/en/investors/results-center, and as updated from time to time via filings made by AkzoNobel with the AFM. Additional information regarding the interests of persons who may, under the rules of the SEC, be deemed participants in the solicitation of Axalta security holders in connection with the proposed transaction, which may, in some cases, be different than those of Axalta’s shareholders generally, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the proxy statement/prospectus and other relevant materials when they are filed with the SEC. These documents can be obtained free of charge from the sources indicated above.
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This communication contains forward-looking statements as that term is defined in Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995, regarding, among other things, statements about management’s expectations of AkzoNobel’s and Axalta’s future operating and financial performance, product development, market position, and business strategy. Such forward-looking statements can sometimes be identified by the use of forward-looking terms such as “believes,” “expects,” “may,” “will,” “shall,” “should,” “would,” “could,” “potential,” “seeks,” “aims,” “projects,” “predicts,” “is optimistic,” “intends,” “plans,” “estimates,” “targets,” “anticipates,” “continues” or other comparable terms or negatives of these terms, but not all forward-looking statements include such identifying words. You are cautioned not to rely on these forward-looking statements. Forward-looking statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. We can give no assurance that such plans, estimates or expectations will be achieved and therefore, actual results may differ materially from any plans, estimates or expectations in such forward-looking statements. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include: a condition to the closing of the proposed transaction may not be satisfied; the occurrence of any event that can give rise to termination of the proposed transaction; a regulatory approval that may be required for the proposed transaction is delayed, is not obtained or is obtained subject to conditions that are not anticipated; AkzoNobel and Axalta are unable to achieve the synergies and value creation contemplated by the proposed transaction; AkzoNobel and Axalta are unable to promptly and effectively integrate their businesses; management’s time and attention is diverted on transaction related issues; the possibility that competing offers or acquisition proposals may be made; disruption from the proposed transaction makes it more difficult to maintain business, contractual and operational relationships; the credit ratings of AkzoNobel or Axalta decline following the proposed transaction; legal proceedings are instituted against AkzoNobel or Axalta, including resulting expense or delay; AkzoNobel or Axalta is unable to retain or hire key personnel; the communication or the consummation of the proposed acquisition has a negative effect on the market price of the capital stock of AkzoNobel or Axalta or on AkzoNobel’s or Axalta’s operating results; evolving legal, regulatory and tax regimes; changes in economic, financial, political and regulatory conditions, in the Netherlands, the United States and elsewhere, and other factors that contribute to uncertainty and volatility, natural and man-made disasters, civil unrest, pandemics (e.g., the coronavirus (COVID-19) pandemic), geopolitical uncertainty, and conditions that may result from legislative, regulatory, trade and policy changes associated with the current or subsequent United States or Netherlands administration; the ability of AkzoNobel or Axalta to successfully recover from a disaster or other business continuity problem due to a hurricane, flood, earthquake, terrorist attack, war, pandemic, security breach, cyber-attack, power loss, telecommunications failure or other natural or man-made event, including the ability to function remotely during long-term disruptions; the impact of public health crises, such as pandemics and epidemics and any related company or governmental policies and actions to protect the health and safety of individuals or governmental policies or actions to maintain the functioning of national or global economies and markets, including any quarantine, “shelter in place,” “stay at home,” workforce reduction, social distancing, shut down or similar actions and policies; actions by third parties, including government agencies; the risk that disruptions from the proposed transaction will harm AkzoNobel’s or Axalta’s business, including current plans and operations and/or divert management’s attention from AkzoNobel’s or Axalta’s ongoing business operations; certain restrictions during the pendency of the acquisition that may impact AkzoNobel’s or Axalta’s ability to pursue certain business opportunities or strategic transactions; AkzoNobel’s or Axalta’s ability to meet expectations regarding the accounting and tax treatments of the proposed transaction; the risks and uncertainties discussed in AkzoNobel’s latest annual report as filed with the AFM, the Dutch trade register and on its website at https://www.akzonobel.com/en/investors/results-center; and the risks and uncertainties discussed in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections in Axalta’s reports filed with the SEC. These risks, as well as other risks associated with the proposed transaction, are more fully discussed in the proxy statement/prospectus. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. We caution you not to place undue reliance on any of these forward-looking statements as they are not guarantees of future performance or outcomes and that actual performance and outcomes, including, without limitation, our actual results of operations, financial condition and liquidity, and the development of new markets or market segments in which we operate, may differ materially from those made in or suggested by the forward-looking statements contained in this communication. Except as required by law, neither AkzoNobel nor Axalta assumes any obligation to update or revise the information contained herein, which speaks only as of the date hereof.
Německý index DAX zahajuje obchodování v červených číslech. Předběžné výsledky zveřejnila společnost Daimler Truck Holding. Trhy kvitují především navýšený roční výhled, který podle analytika z JP Morgan odráží schválení žádosti společnosti Daimler Truck o uznání podílu amerického obsahu ze strany amerického ministerstva obchodu. Společnost na celý fiskální rok projektuje očištěný EBIT v rozmezí 3,6-4,1 mld. EUR. Dříve očekávala 3,2-3,7 mld. EUR. Průmyslové výnosy z byznysu by měly dosáhnout 43-47 mld. EUR, předchozí projekce byla ve výši 42-46 mld. EUR.
Index DAX -0,77 % na 24961,4 b. Nejsilnější akcie Změna Nejslabší akcie Změna Daimler Truck Holding AG (DTG) +2,3 % Infineon Technologies (IFX) -3,5 % Rheinmetall AG (RHM) +1,2 % Symrise (SY1) -2,8 % RWE (RWE) +0,6 % Scout24 SE (G24) -2,5 % GEA Group AG (G1A) +0,2 % Deutsche Boerse (DB1) -2,2 % Brenntag (BNR) +0,0 % Bayer (BAYN) -1,6 % Zdroj: Bloomberg
Jakub Němec
Fio banka, a.s.
Prohlášení
Související odkazy Frankfurtská burza v úvodu seance mírně posiluje DAX uzavírá čtvrtek v záporu, Rheimetall reportoval kvartální čísla Shrnutí kvartálních výsledků z indexu DAX Frankfurtská burza v úvodu čtvrtečního obchodování mírně posiluje Frankfurtská burza druhou seanci v řadě posílila, Daimler Truck vybuduje v Chebu nový závod
Beam Therapeutics Inc. (NASDAQ:BEAM – Get Free Report) has received an average recommendation of “Moderate Buy” from the fourteen ratings firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $46.8462.
Several research firms have weighed in on BEAM. Tudor Pickering set a $39.00 target price on shares of Beam Therapeutics in a report on Wednesday, May 13th. HC Wainwright reaffirmed a “buy” rating and issued a $80.00 price target on shares of Beam Therapeutics in a report on Tuesday, July 7th. Sanford C. Bernstein lowered their price target on shares of Beam Therapeutics from $40.00 to $39.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 13th. Citigroup raised their price objective on shares of Beam Therapeutics from $64.00 to $68.00 and gave the stock a “buy” rating in a research note on Thursday, March 26th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Beam Therapeutics in a research report on Friday, July 17th.
View Our Latest Report on Beam Therapeutics
Beam Therapeutics Stock Down 2.4% Beam Therapeutics stock opened at $26.64 on Thursday. Beam Therapeutics has a fifty-two week low of $15.60 and a fifty-two week high of $38.26. The firm has a market capitalization of $2.74 billion, a price-to-earnings ratio of -39.18 and a beta of 2.18. The stock’s fifty day moving average is $31.28 and its two-hundred day moving average is $29.30. The company has a debt-to-equity ratio of 0.09, a quick ratio of 16.99 and a current ratio of 16.99.
Beam Therapeutics (NASDAQ:BEAM – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported ($0.91) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.03) by $0.12. Beam Therapeutics had a negative return on equity of 29.00% and a negative net margin of 39.66%.The business had revenue of $31.74 million during the quarter, compared to the consensus estimate of $10.98 million. During the same quarter in the previous year, the company posted ($1.23) EPS. The business’s revenue was up 323.2% on a year-over-year basis. Analysts predict that Beam Therapeutics will post -4.16 EPS for the current fiscal year.
Insider Buying and Selling In other Beam Therapeutics news, insider Fmr Llc sold 251,488 shares of the stock in a transaction on Friday, June 26th. The stock was sold at an average price of $35.26, for a total transaction of $8,867,466.88. Following the sale, the insider owned 854,583 shares in the company, valued at approximately $30,132,596.58. This represents a 22.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.80% of the company’s stock.
Institutional Trading of Beam Therapeutics Institutional investors and hedge funds have recently made changes to their positions in the stock. CWM LLC grew its holdings in shares of Beam Therapeutics by 15.4% during the fourth quarter. CWM LLC now owns 2,466 shares of the company’s stock worth $68,000 after buying an additional 329 shares in the last quarter. Wealth Effects LLC lifted its stake in shares of Beam Therapeutics by 4.3% during the fourth quarter. Wealth Effects LLC now owns 9,600 shares of the company’s stock valued at $266,000 after buying an additional 400 shares during the period. Franklin Resources Inc. lifted its stake in shares of Beam Therapeutics by 2.6% during the fourth quarter. Franklin Resources Inc. now owns 21,948 shares of the company’s stock valued at $608,000 after buying an additional 566 shares during the period. Van ECK Associates Corp boosted its position in Beam Therapeutics by 48.7% during the third quarter. Van ECK Associates Corp now owns 2,158 shares of the company’s stock worth $52,000 after acquiring an additional 707 shares during the last quarter. Finally, Stifel Financial Corp boosted its position in Beam Therapeutics by 7.8% during the fourth quarter. Stifel Financial Corp now owns 13,405 shares of the company’s stock worth $372,000 after acquiring an additional 965 shares during the last quarter. 99.68% of the stock is currently owned by hedge funds and other institutional investors.
About Beam Therapeutics (Get Free Report)
Beam Therapeutics, Inc (NASDAQ: BEAM) is a biotechnology company dedicated to developing precision genetic medicines through its pioneering base editing platform. Headquartered in Cambridge, Massachusetts, with additional research facilities in Philadelphia, the company focuses on engineering molecular editors capable of making precise single-nucleotide changes in DNA. By harnessing its proprietary base editing technology, Beam aims to correct or disrupt disease-causing genetic variants at their source, offering the potential for novel therapies in areas with significant unmet medical need.
Founded in 2017 as a spin-out from Harvard University and the Broad and Whitehead Institutes, Beam was co-founded by leading academic researcher David R.
Featured Stories Five stocks we like better than Beam Therapeutics Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
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Shares of Tenet Healthcare Corporation (NYSE:THC – Get Free Report) have been given an average recommendation of “Moderate Buy” by the twenty-one research firms that are currently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and seventeen have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $244.8421.
Several research analysts have recently issued reports on the stock. Weiss Ratings cut shares of Tenet Healthcare from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 2nd. TD Cowen cut their price target on shares of Tenet Healthcare from $242.00 to $233.00 and set a “buy” rating on the stock in a report on Monday, June 22nd. Morgan Stanley set a $254.00 price objective on shares of Tenet Healthcare in a research note on Friday, May 1st. Stephens dropped their target price on shares of Tenet Healthcare from $275.00 to $260.00 and set an “overweight” rating for the company in a report on Monday, May 4th. Finally, Wells Fargo & Company boosted their price target on Tenet Healthcare from $213.00 to $231.00 and gave the company an “overweight” rating in a report on Monday, July 13th.
View Our Latest Report on Tenet Healthcare
Insider Activity at Tenet Healthcare In other news, Director Nadja West sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $177.35, for a total transaction of $532,050.00. Following the transaction, the director directly owned 24,805 shares of the company’s stock, valued at approximately $4,399,166.75. The trade was a 10.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director J Robert Kerrey sold 5,638 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $174.52, for a total value of $983,943.76. Following the completion of the sale, the director directly owned 16,804 shares of the company’s stock, valued at $2,932,634.08. The trade was a 25.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.97% of the stock is currently owned by insiders.
Institutional Trading of Tenet Healthcare Institutional investors and hedge funds have recently bought and sold shares of the stock. Triumph Capital Management purchased a new position in shares of Tenet Healthcare during the 3rd quarter worth approximately $25,000. Activest Wealth Management bought a new stake in shares of Tenet Healthcare during the fourth quarter valued at approximately $26,000. Elyxium Wealth LLC purchased a new stake in Tenet Healthcare in the fourth quarter worth $29,000. Meeder Asset Management Inc. lifted its position in Tenet Healthcare by 146.2% during the fourth quarter. Meeder Asset Management Inc. now owns 192 shares of the company’s stock valued at $38,000 after buying an additional 114 shares during the period. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Tenet Healthcare during the 2nd quarter valued at $35,000. 95.44% of the stock is currently owned by hedge funds and other institutional investors.
Tenet Healthcare Stock Down 0.3% Shares of NYSE:THC opened at $195.84 on Thursday. The stock has a market capitalization of $16.87 billion, a P/E ratio of 10.18, a price-to-earnings-growth ratio of 1.63 and a beta of 1.27. The stock’s 50-day moving average price is $184.41 and its 200-day moving average price is $197.37. The company has a current ratio of 1.36, a quick ratio of 1.30 and a debt-to-equity ratio of 1.96. Tenet Healthcare has a 12-month low of $146.60 and a 12-month high of $247.21.
Tenet Healthcare (NYSE:THC – Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported $4.82 earnings per share for the quarter, beating the consensus estimate of $4.21 by $0.61. Tenet Healthcare had a return on equity of 25.55% and a net margin of 7.94%.The company had revenue of $5.37 billion during the quarter, compared to analysts’ expectations of $5.39 billion. During the same period in the prior year, the business posted $4.36 EPS. Tenet Healthcare’s quarterly revenue was up 2.6% compared to the same quarter last year. Tenet Healthcare has set its FY 2026 guidance at 16.380-18.68 EPS. On average, equities analysts anticipate that Tenet Healthcare will post 17.5 earnings per share for the current year.
About Tenet Healthcare (Get Free Report)
Tenet Healthcare Corporation (NYSE: THC) is a diversified American healthcare services company that owns and operates acute care hospitals and a broad range of outpatient facilities. Its portfolio includes general acute-care hospitals, specialty hospitals, ambulatory surgery centers, urgent care and diagnostic imaging centers, and other ancillary service locations. Tenet’s operations are oriented around delivering inpatient and outpatient clinical care across multiple medical specialties, with an emphasis on surgical services, emergency care, and advanced diagnostics.
In addition to facility-based care, Tenet provides integrated services designed to support clinical operations and improve patient access and care coordination.
See Also Five stocks we like better than Tenet Healthcare Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
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Equinix, Inc. (NASDAQ:EQIX – Get Free Report) has earned an average rating of “Moderate Buy” from the twenty-six brokerages that are covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and three have issued a strong buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $1,153.7917.
A number of equities analysts have recently commented on the stock. Citigroup lifted their target price on shares of Equinix from $1,240.00 to $1,260.00 and gave the company a “buy” rating in a report on Monday, June 29th. Raymond James Financial upgraded shares of Equinix from a “market perform” rating to a “strong-buy” rating and set a $1,250.00 price target for the company in a research note on Thursday, April 30th. Weiss Ratings raised shares of Equinix from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, July 8th. Cantor Fitzgerald lifted their price objective on shares of Equinix from $1,173.00 to $1,186.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Finally, Mizuho upped their target price on shares of Equinix from $1,165.00 to $1,200.00 and gave the company an “outperform” rating in a report on Thursday, May 7th.
View Our Latest Stock Analysis on EQIX
Equinix Stock Up 0.1% Shares of NASDAQ EQIX opened at $1,028.74 on Thursday. The business has a 50-day moving average price of $1,057.27 and a 200 day moving average price of $983.75. The stock has a market cap of $101.45 billion, a PE ratio of 71.19, a price-to-earnings-growth ratio of 1.91 and a beta of 0.98. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.39. Equinix has a 52-week low of $720.62 and a 52-week high of $1,128.68.
Equinix (NASDAQ:EQIX – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $10.79 EPS for the quarter, topping the consensus estimate of $4.30 by $6.49. Equinix had a return on equity of 10.03% and a net margin of 15.07%.The company had revenue of $2.44 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same quarter in the previous year, the company posted $9.67 earnings per share. The firm’s revenue was up 9.8% compared to the same quarter last year. Equinix has set its FY 2026 guidance at 42.310-43.110 EPS. Equities research analysts forecast that Equinix will post 38.25 earnings per share for the current year.
Equinix Announces Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, May 20th were issued a dividend of $5.16 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $20.64 dividend on an annualized basis and a dividend yield of 2.0%. Equinix’s dividend payout ratio (DPR) is currently 142.84%.
Insider Buying and Selling In other news, Chairman Charles J. Meyers sold 5,224 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $1,085.23, for a total value of $5,669,241.52. Following the transaction, the chairman owned 7,370 shares of the company’s stock, valued at approximately $7,998,145.10. The trade was a 41.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Christopher B. Paisley sold 125 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $1,060.29, for a total value of $132,536.25. Following the sale, the director owned 17,557 shares of the company’s stock, valued at $18,615,511.53. This trade represents a 0.71% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 11,115 shares of company stock worth $12,022,574. Insiders own 0.27% of the company’s stock.
Institutional Trading of Equinix Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Equinix by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 13,398,906 shares of the financial services provider’s stock worth $10,265,706,000 after purchasing an additional 107,227 shares in the last quarter. Cohen & Steers Inc. boosted its holdings in Equinix by 23.3% in the 4th quarter. Cohen & Steers Inc. now owns 2,609,011 shares of the financial services provider’s stock valued at $1,998,978,000 after purchasing an additional 493,141 shares in the last quarter. Geode Capital Management LLC increased its position in Equinix by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 2,567,830 shares of the financial services provider’s stock worth $1,959,731,000 after purchasing an additional 25,383 shares during the period. Principal Financial Group Inc. increased its position in Equinix by 1.4% during the 1st quarter. Principal Financial Group Inc. now owns 1,980,497 shares of the financial services provider’s stock worth $1,941,377,000 after purchasing an additional 27,643 shares during the period. Finally, Northern Trust Corp raised its stake in shares of Equinix by 0.6% during the 4th quarter. Northern Trust Corp now owns 1,500,506 shares of the financial services provider’s stock worth $1,149,628,000 after buying an additional 9,614 shares in the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.
About Equinix (Get Free Report)
Equinix, Inc is a global provider of digital infrastructure and interconnection services, specializing in carrier-neutral data centers and colocation. The company operates a platform that enables enterprises, cloud and network service providers, and content companies to colocate IT infrastructure, interconnect directly with partners and providers, and access cloud on-ramps and network services in a secure, low-latency environment.
Equinix’s offerings include traditional colocation space and power, cross-connects and meet-me rooms, and a suite of connectivity and on-demand services designed for hybrid multicloud architectures.
See Also Five stocks we like better than Equinix Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
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, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Primoris Services Corporation ("Primoris" or "the Company") (NYSE: PRIM) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of PRIM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: August 5, 2025 to June 22, 2026
DEADLINE: September 21, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Primoris failed to maintain effective cost estimation, project forecasting, and oversight processes related to fixed-cost renewable energy projects. Due to its failures, the Company underestimated the cost and risk associated with renewable projects. Based on these facts, Primoris's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Ballard Power Systems, Inc. (NASDAQ:BLDP – Get Free Report) (TSE:BLD) has been given a consensus recommendation of “Reduce” by the fifteen brokerages that are presently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has issued a buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $3.5250.
BLDP has been the subject of a number of recent research reports. Lake Street Capital upgraded Ballard Power Systems from a “hold” rating to a “buy” rating and increased their price objective for the company from $3.00 to $5.00 in a research report on Tuesday, May 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Ballard Power Systems in a report on Friday, July 17th. Raymond James Financial boosted their target price on Ballard Power Systems from $2.40 to $4.00 and gave the stock a “market perform” rating in a research report on Wednesday, May 6th. National Bank Financial set a $4.75 target price on Ballard Power Systems and gave the company a “sector perform” rating in a report on Wednesday, June 24th. Finally, BMO Capital Markets increased their price target on Ballard Power Systems from $1.70 to $2.10 and gave the company an “underperform” rating in a research report on Wednesday, May 6th.
Check Out Our Latest Stock Report on Ballard Power Systems
Institutional Trading of Ballard Power Systems A number of hedge funds have recently bought and sold shares of BLDP. Rockefeller Capital Management L.P. increased its position in shares of Ballard Power Systems by 228.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 10,000 shares of the technology company’s stock worth $25,000 after acquiring an additional 6,952 shares in the last quarter. Swiss Life Asset Management Ltd purchased a new stake in shares of Ballard Power Systems in the 4th quarter valued at approximately $26,000. Ground Swell Capital LLC acquired a new position in Ballard Power Systems in the 1st quarter worth approximately $26,000. Intesa Sanpaolo S.p.A. acquired a new position in Ballard Power Systems in the 4th quarter worth approximately $28,000. Finally, Cetera Investment Advisers purchased a new position in Ballard Power Systems during the 1st quarter worth approximately $33,000. 28.02% of the stock is owned by hedge funds and other institutional investors.
Ballard Power Systems Stock Up 4.7% NASDAQ BLDP opened at $3.10 on Thursday. Ballard Power Systems has a 12 month low of $1.70 and a 12 month high of $6.57. The company has a market capitalization of $934.59 million, a P/E ratio of -11.48 and a beta of 2.25. The company’s 50 day simple moving average is $4.28 and its 200 day simple moving average is $3.23. The company has a debt-to-equity ratio of 0.03, a current ratio of 10.70 and a quick ratio of 9.90.
Ballard Power Systems (NASDAQ:BLDP – Get Free Report) (TSE:BLD) last issued its earnings results on Tuesday, May 5th. The technology company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.02. The firm had revenue of $18.98 million during the quarter, compared to analysts’ expectations of $19.88 million. Ballard Power Systems had a negative net margin of 78.60% and a negative return on equity of 13.48%. Equities research analysts expect that Ballard Power Systems will post -0.16 earnings per share for the current fiscal year.
Ballard Power Systems Company Profile (Get Free Report)
Ballard Power Systems (NASDAQ:BLDP) is a Canadian technology company specializing in the development and manufacture of proton exchange membrane (PEM) fuel cell products. Headquartered in Vancouver, British Columbia, Ballard designs and sells fuel cell stacks and modules that enable zero-emission power generation for a variety of applications, including heavy-duty motive systems, backup power, material handling equipment, and portable power solutions.
Since its founding in 1979, Ballard has built a strong intellectual property portfolio and a track record of innovation in PEM fuel cell technology.
Further Reading Five stocks we like better than Ballard Power Systems Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
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USD/JPY inches higher after posting minor losses in the previous day, trading around 163.20 during the European hours on Thursday. The currency pair is holding a clear bullish bias as spot remains above both the nine-day and 50-day Exponential Moving Averages (EMAs). The alignment of the shorter EMA above the longer one reinforces the uptrend.
Additionally, the daily technical analysis indicates that the USD/JPY pair is moving upwards within an ascending channel pattern, suggesting a prevailing bullish bias. The 14-day Relative Strength Index (RSI) at 66.10 sits in bullish territory, hinting at strong but not yet extreme upside momentum.
The USD/JPY pair is positioned slightly below the fresh 40-year high of 163.24, which was reached on July 21. Further advances would support the pair to approach the upper boundary of the ascending channel around 165.00.
On the downside, the primary support lies at the nine-day EMA of 162.71, followed by the lower boundary of the ascending channel around 162.50. A sustained break below the channel would expose the 50-day EMA at 161.16. Further declines below the medium-term moving average would cause a bearish emergence and put downward pressure on the pair to navigate the region around the four-month low of 155.04, recorded on May 6.
USD/JPY: Daily Chart(The technical analysis of this story was written with the help of an AI tool. Know more.)
Japanese Yen Price Today The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the weakest against the Canadian Dollar.
USDEURGBPJPYCADAUDNZDCHFUSD-0.11%-0.01%0.02%-0.14%-0.10%0.22%0.07%EUR0.11%0.12%0.15%-0.03%0.02%0.35%0.18%GBP0.00%-0.12%0.04%-0.17%-0.11%0.23%0.06%JPY-0.02%-0.15%-0.04%-0.18%-0.13%0.18%0.03%CAD0.14%0.03%0.17%0.18%0.04%0.37%0.19%AUD0.10%-0.02%0.11%0.13%-0.04%0.34%0.19%NZD-0.22%-0.35%-0.23%-0.18%-0.37%-0.34%-0.18%CHF-0.07%-0.18%-0.06%-0.03%-0.19%-0.19%0.18% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).
Revenue: Record quarterly revenues of $3.93 billion, up 16% year-over-year.Pre-Tax Income: $750 million, a 33% increase from the prior-year quarter.Net Income:
DigitalOcean (DOCN +4.80%) is currently building artificial intelligence (AI) data centers as fast as it can to meet soaring demand for computing capacity from its customers, many of which are small and medium-sized businesses (SMBs). The company's revenue growth is accelerating, which has fueled a staggering 360% increase in its stock over the last 12 months.
DigitalOcean will release its operating results for the second quarter on Aug. 4, and they could determine whether the stock's upward momentum continues. Should investors be buying at the current price?
Image source: Getty Images.
Demand is off the charts for DigitalOcean's AI data centers The cloud computing industry is dominated by trillion-dollar companies like Amazon and Microsoft, but those giants typically chase the customers with the highest spending potential. That leaves SMBs somewhat underserved, but DigitalOcean has filled this gap in the market by offering those smaller companies affordable cloud services with highly personalized support and a simple interface for ease of use.
It is applying that same blueprint to its new platform, which it calls AI-Native Cloud. It features five distinct layers to help DigitalOcean customers develop and deploy AI software. The foundational layer is infrastructure, which includes 20 data centers (and growing) housing thousands of the latest chips from suppliers like Nvidia and Advanced Micro Devices.
Businesses can rent computing capacity from those data centers through AI-Native Cloud, and the platform's other four layers provide the tools to develop usable AI software. Those tools include ready-made large language models (LLMs) from companies like Anthropic, which can serve as the foundation for powerful AI chatbots and AI agents.
On July 7, DigitalOcean announced that it ended Q2 with a whopping $800 million in remaining performance obligations (RPO), which was a tenfold increase from the year-ago period. RPO is usually defined as the value of signed contracts for services that haven't been delivered yet, so this metric can be a good predictor of future revenue. Simply put, it appears several DigitalOcean customers are lining up to rent more data center capacity from the company once it comes online.
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The upcoming Aug. 4 report could be another blockbuster DigitalOcean generated $257.9 million in revenue during Q1, which was a 22% increase from the prior-year period. It was the third straight quarter in which that growth rate accelerated, and based on the company's July 7 update, revenue apparently soared at an even faster rate of 29% during Q2.
DigitalOcean also ended Q1 with a record $1.03 billion in annual run-rate revenue (ARR). AI customers accounted for $170 million of that total, up by a staggering 221% year over year. I would expect the company to report a similarly strong AI result on Aug. 4.
Guidance will be another key point of focus for Wall Street. The company previously said it expects to deliver overall revenue growth of 50% during 2027, but in its recent update, management told investors it plans to revise that forecast higher in the Q2 report because the business is carrying so much momentum.
Should investors buy DigitalOcean stock right now? DigitalOcean is firing on all cylinders right now, but there is a hitch for investors considering adding this stock to their portfolio today. It's trading at a price-to-sales (P/S) ratio of 15.4, which is significantly higher than its long-term average of 8.5 since going public in 2021.
However, based on DigitalOcean's 2027 revenue guidance, its forward P/S ratio is just 8.1. This is where the Aug. 4 report could be important. If management meaningfully revises the company's 2027 revenue growth forecast higher, then its forward P/S ratio might actually be much lower than 8.1. If that's the case, the stock might actually be cheap right now for any investors willing to hold it for at least the next 18 months.
DOCN PS Ratio data by YCharts.
DigitalOcean stock may be up by 360% over the last 12 months, but it's down 25% from its recent peak. This dip might be a good buying opportunity heading into the Aug. 4 report, but investors who add it now must be willing to hold the stock over at least the medium term -- but the longer the better -- to maximize their chances of positive returns.
V úvodu obchodování se index PX nachází v záporných hodnotách. Nejvíce ztrácí akcie Erste (-1,42 %). CSG (-1,35 %) a Primoca (-0,81 %). Opačným směrem se vydávají akcie Doosan Škoda Power (+2,18 %), Kofoly (+0,60 %) a Coltu (+0,45 %).
Český stát by podle vyjádření premiéra Andreje Babiše mohl uvést akcie pražského letiště na pražskou burzu v roce 2028. Stát by si i přes vstup Letiště Praha na pražskou burzu ponechal majoritní podíl.
Společnost Letiště Praha zvýšila v minulém roce čistý zisk meziročně o 800 milionů na 3,2 miliardy Kč. Zisk EBITDA zaznamenal také meziroční růst o 800 milionů Kč na 5,1 miliardy Kč.
ING’s Francesco Pesole expects the ECB to leave rates unchanged but deliver a hawkish hold, with Middle East tensions and rising European gas prices keeping hawks in control. He argues policymakers aim to preserve market pricing of around 45bp of tightening by year-end, likely via a familiar post-meeting media leak, which should support front-end Euro rates even as ING’s near-term EUR/USD bias remains tilted lower toward 1.1380.
"The ECB is widely expected to leave rates unchanged today, but a surprise hike cannot be fully ruled out."
"Our baseline is a hawkish hold. The re-escalation in the Middle East and European gas prices rising faster than oil prices should keep hawkish voices dominant in the governing council, in our view."
"The aim today could be – once again – to preserve market pricing (45bp by year-end) to limit the risk of inflation expectations de-anchoring."
"Achieving that may well require some indication that a September hike remains in play – more likely through a familiar post-meeting media leak than directly in the press conference."
"A central bank meeting would normally be a prime catalyst for EUR/USD to break out of its tight trading range, but we do not expect that to happen today. Our near-term bias remains tilted to the downside, as we believe FX markets are dangerously complacent about developments in the Gulf. Unless the newsflow becomes more constructive, we look for EUR/USD to slip towards 1.1380 in the coming days."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
V poslední době jsou protekcionistické politiky, primárně cla, často zmiňovaným tématem. Cla se stala charakteristickým znakem druhého úřadu Donalda Trumpa a v poslední době se o nich stéle častěji hovoří i v EU. Důvodem je především narůstající obchodní deficit s Čínou, zejména v oblasti automobilového průmyslu. Jsou však cla skutečně nástrojem, který může EU pomoci?
Většina ekonomů se k protekcionismu staví spíše skepticky. Cla způsobují ztráty mrtvé váhy a akademická literatura z období americko-čínské obchodní války ukazuje téměř úplný přenos cel do cen dováženého zboží. Řada studií zároveň odkazuje na Leibensteinovu teorii x-neefektivnosti, podle níž silná ochrana domácího trhu vede ke snižování produktivity a inovační aktivity firem.
Učebnicovým příkladem této teorie je automobilový průmysl v USA. Ještě v 60. letech automobilky sídlící ve městě Detroit ovládaly více než 85 % domácího trhu. Omezená konkurence přispěla k růstu neefektivního managementu a vytvoření rigidního pracovního prostředí se štědrým odměňováním zaměstnanců a rozsáhlými benefity. V 70. letech však přišly dva ropné šoky, na které detroitské automobilky reagovaly jen obtížně. Na americký trh tak vstoupily japonské automobilky, které disponovaly efektivnějšími výrobními procesy a vyráběly kvalitní vozy s nižšími jednotkovými náklady. Současně nabízely menší úsporná auta, po kterých díky ropným šokům a drahým PHM výrazně vzrostla poptávka.
Detroitské automobilky reagovaly tlakem na Washington, aby ochránil domácí průmysl. Reaganova administrativa nakonec přiměla Japonsko k přijetí tzv. dobrovolných omezení exportu (VER), která zvýšila ceny dovážených japonských vozů. Cílem bylo poskytnout americkým výrobcům čas na restrukturalizaci a modernizaci. Výsledek byl však spíše opačný. Motivace ke změnám a inovacím oslabila a skutečnost, že se kvóty vztahovaly pouze na automobily dovážené z Japonska, vedla japonské výrobce k budování továren přímo v USA. Efektivní japonská výroba tak pronikla na americký trh a Detroit ztratil značnou část svého tržního podílu.
Ačkoliv se v americkém příběhu objevují místo cel dovozní kvóty, výsledek je stejný – růst cen zahraničních produktů. Pokud se EU skutečně rozhodne pro zavedení cel, bude klíčové nastavit je tak, aby zachovala cenový signál čínské konkurence a tím i nadále motivovala evropské automobilky k potřebným inovacím a ke snižování nákladů. Důležitou roli mohou sehrát rovněž regulace FDI spojené s přenosem technologií a know-how, stejně jako vyšší investice do evropského R&D. Příliš vysoká cla by však kromě bezprostřední čínské odvety mohla vyvolat i onu x-neefektivnost a zpomalit technologický pokrok. Příběh amerického automobilového průmyslu by tak pro EU měl sloužit jako odstrašující příklad.
TRHY
Koruna
Slabý dolar a dražší ropa nadále neposkytují koruně příliš důvodů k optimismu. Dnes bude v centru pozornosti zasedání ECB. Změna úrokových sazeb se sice neočekává, pokud však v komunikaci centrální banky přetrvá jestřábí tón, koruna si po zasedání jen stěží připíše další zisky.
Eurodolar
Cena ropy sice překročila hranici 95 USD za barel, na kurzu EUR/USD se to však zatím nijak zásadně neprojevilo. Trh evidentně vyčkává na dnešní zasedání ECB.
Od ECB dnes odpoledne očekáváme, že ponechá úrokové sazby beze změny, což by pro trhy nemělo představovat překvapení. Klíčová však bude komunikace po zasedání, především na tiskové konferenci prezidentky ECB Christine Lagardeové. Důležité bude zejména to, jak silný signál bude chtít vyslat směrem k zářijovému zasedání.
Návrat vyšších cen ropy a růst cen zemního plynu totiž znovu dostaly do hry možnost dalšího zvýšení úrokových sazeb, protože inflační výhled nakonec nemusí být tak příznivý, jak se ještě nedávno zdálo. Pokud by prezidentka ECB zvolila relativně neutrální tón, mohlo by to mít na eurodolar mírně negativní dopad. Naopak výrazněji jestřábí rétorika by byla pro euro pozitivní a na kurzu EUR/USD by se měla projevit růstem.
Dollar Index Price Chart – Source: Tradingview The Dollar Index remains anchored to its uptrend and the 100.50 support area, preserving the bullish picture despite modest losses today. Trading near 101.01, the DXY is comfortably above its 50-EMA (100.38) and 100-EMA (99.80), with bullish control remaining intact higher on the timeframe.
The first level of resistance to watch is 101.65, with the next major ones coming in at 102.30 and 103.02. Initial support is provided by 100.50, with the rising trendline and 99.53 providing further support further back. RSI sits in the mid-50 area around 55, showing that momentum remains mostly neutral to slightly bullish despite being cooled from its earlier peak, thus the opportunity for yet another upside leg remains on the table.
If 100.50 holds, the bias would still be positive for renewed buying in an effort to test 101.65. Should the pair trade above the aforementioned levels in a daily close, the scenario would strengthen for another push towards 102.30, but the trendline and 100.50 could break, causing that bullish perspective to be pushed off and instead testing the 99.53.
GBP/USD Technical Analysis: Recovery Faces Strong Resistance Near 1.3400
Před asijsko-pacifické regiony uzavřely čtvrteční seanci v zelených číslech. Dařilo se především technologickým společnostem s expozicí na umělou inteligenci, když společnost Alphabet oznámila navýšení výhledu kapitálových výdajů. Největší růst zaznamenal jihokorejský Kospi (+4,0 %), který je vysoce koncentrován technologickými akciemi.
V Jižní Koreji byl reportován růst HDP, který ve 2Q meziročně vzrostl o 3,7 % při očekávání 3,5 %. V Austrálii byla zveřejněna červnová míra nezaměstnanosti, která dosáhla podle očekávání 4,4 %.
Japonský Nikkei 225 +0,46 % na 66422,6 b.
Hongkongský Hang Seng +1,23 % na 25197,74 b.
Čínský Shanghai Composite +0,22 % na 3875,4557 b.
Jihokorejský Kospi +4,4 % na 7096,89 b.
Australský S&P/ASX 200 +0,18 % na 8839 b.
Evropské akcie budou dle futures kontraktů ve čtvrtek ráno otvírat se ztrátami do -0,5 %, zatímco zámoří aktuálně ztrácí -0,2 %. Investoři sledují ceny ropy, Brent se obchoduje na 96 USD a je tak nejvýše od přelomu květen/červen. Na Blízkém východě pokračuje napětí, tankery v Rudém moři jsou terčem Íránem podporovaných Hútíjů. Diplomatické úsilí o ukončení konfliktu se tak fakticky zastavilo a růst cen energií zatěžuje vyhlídky na inflaci. V prodlouženém obchodování v USA včera klesly akcie Alphabet (-3 %), když investoři vyjádřili obavy z vyšších kapitálových výdajů příští rok (cca +15 mld. USD proti odhadům). Po výsledcích se nedařilo ani akciím Tesla. Na druhou stranu vyšší výdaje vyhovují např. čipovým firmám, Asie tak těžila z růstu Samsungu či SK Hynix. V Evropě dnes zasedá ECB, pohyb sazeb se nečeká, trh však čeká pohyb vzhůru na zářijovém zasedání. Kvartální výsledky bank BNP či Unicredit vypadají silně. Praha po včerejším růstu (PX +1,5 %) by mohla spíše předvést smíšený vývoj. Vybírání zisků by mohlo převažovat na bankách.
In June, the initial public offering (IPO) of Space Exploration Technologies (SPCX -6.66%) turned what seemed like a simple IPO into a reminder of how rule changes can reshape your portfolio. If you own an index fund, your portfolio may have been affected by new rules surrounding the IPO, even if you don't own SpaceX.
It all depends on which index funds you hold.
Image source: Getty Images.
What happened Whenever a company is added to a major index, every fund that tracks that index must buy it to stay in line with the benchmark, regardless of price. And that's precisely what happened as the Nasdaq-100 and Russell 1000 each changed their rules to fast-track the inclusion of SpaceX and other major IPOs that are expected this year.
S&P Dow Jones Indices, which maintains the S&P 500, chose not to change its rules, but index funds that follow the Nasdaq-100 and Russell 1000 had to make room for SpaceX by selling a sliver of every existing security or asset. As fund managers worked to remain aligned with their indexes, giants like Apple, Microsoft, and Nvidia were trimmed. The results have been subtle but represent a very real shift in the risk and sector weights for millions of investors' portfolios.
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The way both Nasdaq and Russell changed their rules to allow the mega IPO to enter sooner than usual -- rather than wait months or years for inclusion -- is what makes this moment stand out. The move concentrates a bundle of forced buying into a short window, quickly turning passive strategies into an active bet on a single, high-profile listing.
The potential implications SpaceX's share price to date has been volatile, but that doesn't mean losses are inevitable. The fact that some of the world's largest financial firms and venture capitalists are betting on it may enhance the company's resilience to economic downturns and market fluctuations, making it a stable investment with plenty of room to grow. In other words, those who own an index fund or ETF that includes SpaceX could see their portfolios grow enough to more than offset the trimming of other market giants.
S&P's decision not to change its rules could lead to missed gains if SpaceX appreciates dramatically. On the other hand, it might just protect them from loss. Only time will tell.
In the meantime, SpaceX's debut serves as a reminder that high-profile IPOs don't just affect the new stock. They also alter every portfolio holding an index that welcomes them.
Dana George has positions in Apple. The Motley Fool has positions in and recommends Apple, Microsoft, and Nvidia. The Motley Fool has a disclosure policy.
Record Q2 Deliveries: Achieved record deliveries globally with sequential growth in the Americas (60%), APAC (27%), and EMEA (12%).Model Y Performance: Set rec
Sundar Pichai said AI-powered tools are driving Google searches. Sergei GAPON / AFP via Getty Images Google says its search function is not dead, it's thriving.
In a Wednesday earnings call, Alphabet CEO Sundar Pichai said Google's AI-powered features, such as AI Overviews and AI mode, were driving growth in search queries.
Pichai said he saw this in full effect during the FIFA World Cup that started in June and wrapped up on Sunday.
"As a big football fan, I was particularly excited to see search usage hit an all-time high during the World Cup this year," he said. "This really highlights how much people turn to Google in moments that matter."
He said Google's AI-powered search function, AI Mode, has surpassed a billion monthly active users since it was expanded globally last October. The tool is driving an "incremental increase in search queries overall," and is allowing Google to "send billions of clicks to websites every week through AI features in Search," he said.
Pichai added during the earnings call that Google saw 17% revenue growth in search driven by these tools, and that the company will continue to make search more "helpful and intuitive."
Search is one of Google's largest cash cows. It was the third-highest revenue-producing product in Alphabet's latest quarter earnings, edged out only by advertising and Google Services.
The company on Wednesday reported its latest quarter earnings of $119.8 billion, up 24% from a year earlier. Its stock was down 1.24% at market close.
The tech executive's comments contradict the fears many publishers had when Google began integrating AI more aggressively into its search engine.
Many media companies and publishers reported their traffic dropping as users are increasingly becoming satisfied with AI answers, which are scraped from traditional websites without linking back to their sources.
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Microsoft is upgraded from Hold to Buy after a significant pullback, improving risk-reward and making valuations more attractive. MSFT's CapEx surge—expected to exceed $40B in Q4 and $190B for the year—remains the central tension but is justified by robust Azure and AI-driven growth. Azure's 39–40% growth and a massive backlog are critical to converting CapEx into future revenue, supporting the long-term rerating thesis toward $500.
SummaryAMD remains a compelling buy, with a new base case price target of $671 (21% upside) and a bullish scenario at $807.87 (45% upside).AMD's flexible, customizable AI infrastructure—spanning GPUs, CPUs, DPUs, networking, and rack-scale systems—positions it as a strong alternative to Nvidia, especially for hyperscalers seeking to avoid vendor lock-in.Rising analyst expectations reflect robust AI-driven growth: Q2 revenue consensus at $11.3B (+47% YoY), EPS at $1.61 (+235% YoY), and EBITDA/FCF estimates up 22–28%.Key risks include competition from Nvidia's integrated platform, custom ASICs, supply chain execution for Helios, and cyclicality in consumer AI-PC markets.Looking for more investing ideas like this one? Get them exclusively at The Aerospace Forum. Learn More » Tim Robberts/DigitalVision via Getty Images
In my prior report on AMD (AMD), I detailed why I believe a compute-for-equity setup seemingly is dilutive but is a strategic masterstroke preserving long-term pricing power in exchange for equity. I provided
24.33K Followers
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
AMD (AMD +1.48%) is making excellent progress in gaining market share in the data center industry.
*Stock prices used were the afternoon prices of July 20, 2026. The video was published on July 22, 2026.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
On Aug. 4, Advanced Micro Devices (AMD +1.48%) will announce its second-quarter earnings results. Management has guided for revenue in the range of $10.9 billion to $11.5 billion.
That earnings report is coming at a time when companies in the artificial intelligence (AI) space have experienced a sell-off, but those stocks are showing signs of a rebound. A strong earnings report from AMD could both boost its stock price and further fuel the broader sector's rally.
AMD is already trading well above $500 per share. If the stock price keeps rising, shareholders may wonder if a stock split could be on the table.
Image source: The Motley Fool.
The unlikelihood of an AMD stock split in 2026 The last time AMD split its stock was in 2000, when it conducted a 2-for-1 split, so history doesn't offer much of a road map for how management will respond to its current situation. However, the information we have suggests that a stock split is unlikely anytime soon, even if the chipmaker reports monster earnings on Aug. 4.
Stock splits involve legal fees and require additional work through shareholder communication -- expenses a company may prefer to avoid if possible.
In addition, tech companies with stock prices well above AMD's, including Sandisk (around $1,600) and Micron Technologies (around $960), have yet to split their stocks this year. Granted, that's a small sample size, but it shows that even with where their respective stock prices are trading, those chip companies aren't feeling pressured to conduct splits.
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Focusing on the upcoming quarterly results Since investors can't control whether or when a management team splits a stock, the focus on AMD should be around long-term demand for its wares, its efficiency, and its revenue. AMD's updates on Aug. 4 will show whether demand from hyperscalers remains strong and whether gross margins are healthy, and offer some indications about the pace at which its revenue will keep climbing.
Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices and Micron Technology. The Motley Fool has a disclosure policy.
Nokia reported a bigger than expected rise in its quarterly comparable operating profit on Thursday, as the Finnish telecom gear maker got a boost from artificial intelligence and cloud customers.
The company said it continues to capitalize on surging demand from AI and data-center customers, as supply constraints push clients to place longer-term orders.
VELIZY-VILLACOUBLAY, France--(BUSINESS WIRE)-- #3DEXPERIENCE--Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced it has set a new net-zero science-based emissions reduction target for 2050, validated by the Science Based Targets initiative. The commitment builds on the successful achievement of its first SBTi targets ahead of their 2027 deadline, as the company continues on its path to meaningful climate impact. For its overall net-zero target, Dassault Systèmes commits to achieve net-zer.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in GEV over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
The British Pound (GBP) trades marginally higher to near 1.3387 against the US Dollar (USD) during the European trading session on Thursday. The GBP/USD pair edges higher as the US Dollar drops despite surging oil prices in the wake of escalating Middle East energy supply risks.
At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.15% lower to near 101.00.
On the domestic front, investors await the Federal Reserve’s (Fed) monetary policy announcement next week, in which it is expected to leave interest rates unchanged.
Meanwhile, the British Pound demonstrates a broader mixed performance while fears of Bank of England (BoE) interest rate hikes have eased. Traders doubt the BoE will tighten monetary conditions in the near term as the United Kingdom (UK) headline Consumer Price Index (CPI) growth has cooled down to 2.6% Year-on-Year (YoY) in June from the previous reading of 2.8%.
BoE seen on extended hold before gradual easing to neutral in 2027Economists at Societe Generale reiterate that their “baseline forecast remains that the BoE will keep Bank Rate on hold at 3.75% throughout 2026,” reflecting a view that policymakers will need prolonged time to consolidate the disinflation trend. They add that “by early 2027, we expect the MPC to gain confidence that inflation will return sustainably to the 2% target over the medium term, allowing for cumulative rate cuts of 75bp in 2027,” which would “bring Bank Rate to our estimate of its neutral level of 3%.”
Going forward, investors will focus on the UK Retail Sales for June and the preliminary S&P Global PMI data for July, which will be released on Friday.
GBP/USD technical analysis
GBP/USD trades slightly higher at around 1.3387 at press time. The pair corrects to near the 20-day exponential moving average (EMA), which is at 1.3385, after correcting from the downward-sloping border of the Descending Triangle pattern at 1.3540, suggesting that the near-term outlook has become uncertain.
The Relative Strength Index (14) at 50.73 sits near neutral, hinting that recent buying pressure is stabilizing rather than driving a decisive breakout, leaving the near-term bias slightly constructive but still capped by overhead trend resistance.
On the topside, initial resistance is located at the downward-sloping trend-line region near 1.3501, followed by the July 15 high at 1.3558. On the downside, the July 8 low at 1.3322 is the immediate support zone, with a more notable cushion at the June 24 low at 1.3140.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Economic Indicator Consumer Price Index (YoY) The United Kingdom (UK) Consumer Price Index (CPI), released by the Office for National Statistics on a monthly basis, is a measure of consumer price inflation – the rate at which the prices of goods and services bought by households rise or fall – produced to international standards. It is the inflation measure used in the government’s target. The YoY reading compares prices in the reference month to a year earlier. Generally, a high reading is seen as bullish for the Pound Sterling (GBP), while a low reading is seen as bearish.
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The Bank of England is tasked with keeping inflation, as measured by the headline Consumer Price Index (CPI) at around 2%, giving the monthly release its importance. An increase in inflation implies a quicker and sooner increase of interest rates or the reduction of bond-buying by the BOE, which means squeezing the supply of pounds. Conversely, a drop in the pace of price rises indicates looser monetary policy. A higher-than-expected result tends to be GBP bullish.
New, more centrally located facility will expand programs, gathering spaces and recreation opportunities for Mahahual families, children and residents
, /PRNewswire/ -- Royal Caribbean today confirmed plans to advance the development of the new Mahahual K'iin Community Center, marking an important next step in creating a larger, more accessible home for programs and activities that enrich the lives of families, children and residents across Mahahual.
Aerial rendering of the future Mahahual K’iin Community Center, a new gathering space designed to serve residents of Mahahual, Mexico.
Rendering of the basketball court at the future Mahahual K’iin Community Center.
Rendering of the soccer field at the future Mahahual K’iin Community Center.
Rendering of the central courtyard at the future Mahahual K’iin Community Center, envisioned as a welcoming space for community connection and events.
The new center builds on a community space that has served Mahahual since 2014, with expanded capacity for education, recreation, cultural programming and local gatherings in a location designed to be easier for more residents to access. Its new name, Mahahual K'iin — meaning "the sun of Mahahual" — was proposed and selected through a community vote and reflects its role as a welcoming place rooted in local pride and connection.
"Mahahual is an important community for Royal Caribbean, and the Mahahual K'iin Community Center reflects the long-term partnership we want to continue building here," said Jason Liberty, Chairman and CEO, Royal Caribbean Group. "This next phase is about turning commitment into action by creating a welcoming place where children can learn, families can gather and neighbors can connect."
Located along the Carretera Cafetal-Mahahual at the heart of town, the future center is envisioned with modern, flexible spaces for workshops, education and community-led events, plus outdoor recreation areas anchored by a new soccer pitch for youth programs, friendly matches and community gatherings, alongside versatile basketball and volleyball courts. As part of its long-term commitment to the community, the company plans to begin construction once the necessary permits and approvals for the Community Center have been obtained.
"The Mahahual K'iin Community Center is the result of the strength, participation and dreams of our community," said Senaida Gómez, director of the Mahahual K'iin Community Center. "This new phase will allow us to expand our impact, strengthen our programs and create safe spaces for children, young people and families. We will continue working to ensure this center is a place of gathering, growth and well-being for everyone."
Since opening its doors, the center has hosted workshops, engaged volunteers and supported children and families through programs that promote learning, creativity, wellness and community connection. The new center will expand that impact with more space, improved access and additional opportunities for residents to learn, connect and grow.
The project is part of Royal Caribbean's ongoing commitment as owner and operator of the Port of Costa Maya to support practical initiatives that strengthen daily life in Mahahual. The company will continue working with residents, community leaders and local authorities on investments that support community well-being, environmental care and local opportunity.
To learn more about Royal Caribbean's work in Mahahual, visit www.RoyalCaribbeanMahahual.com or to learn more about the Community Center's activities, visit: Mahahual K'iin Community Center's Facebook page.
WASHINGTON--(BUSINESS WIRE)---- $HPE #GenesisMission--HPE (NYSE: HPE) today announced it has been selected to participate in multiple key research and development (R&D) projects in the first phase of the U.S. Department of Energy's Genesis Mission. The awarded projects focus on advancing AI innovation and scientific discovery across AI model application, performance optimization, networking, cybersecurity, and water availability. In addition to contributing to critical R&D, HPE is delivering some of the world's.
ST. LOUIS--(BUSINESS WIRE)--World Wide Technology (WWT), a global technology solutions provider, today announced it has earned two significant recognitions from Cisco, including being named a Cisco Global Partner and unlocking the Cisco Secure Networking Specialization in the United States. WWT is one of only six partners worldwide to become a Cisco Global Partner and is among the first in the US to achieve the Secure Networking Specialization, underscoring the company's continued investment in.
