Track market-moving stories before they get noisy

SAN DIEGO, July 07, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC today released its Midyear Outlook 2026: Policy, Buildouts and Bottlenecks. Setting the tone for the second half of the year, the report provides a comprehensive analysis of the economic and market environment and outlines key considerations for investors navigating an increasingly policy-driven and complex landscape.

The Midyear Outlook underscores how markets are being shaped by the interaction of policy decisions, geopolitical developments and the ongoing evolution of artificial intelligence (AI). As the year progresses, the report highlights how resilient corporate earnings, moderating but positive economic growth, and persistent uncertainty across global markets are likely to define the investment backdrop.

“Policy is once again front and center for markets,” said LPL Chief Investment Officer Marc Zabicki. “From U.S. midterm elections to changes at the Federal Reserve, investors will need to carefully assess how evolving policy dynamics influence economic outcomes, market volatility and portfolio positioning.”

The report’s base case calls for economic growth to stabilize but remain positive through the second half of 2026, supported by strong business investment even as housing and other rate-sensitive sectors remain challenged. Inflation is expected to ease modestly if geopolitical pressures subside, while unemployment may edge higher but remain historically low.

Against this backdrop, the Midyear Outlook suggests that equities can continue to advance, though gains may be modest and accompanied by increased volatility. Strong AI-driven earnings growth and an improving macro environment are expected to support stocks, but geopolitical developments and the pace of AI monetization will likely influence the depth and frequency of market pullbacks.

At the same time, fixed income markets are expected to remain influenced by persistent inflation and a Federal Reserve that may stay on hold for longer. Treasury yields are projected to stay range-bound, with returns driven primarily by income opportunities rather than price appreciation.

The report emphasizes that, in this environment, diversified portfolios that incorporate equities, fixed income and alternative investments may be best positioned to navigate ongoing uncertainty and capitalize on emerging opportunities.

Key Highlights from the Midyear Outlook 2026

Policy, Geopolitics and Market Volatility:
Policy developments — including U.S. midterm elections, evolving trade dynamics and leadership changes at the Federal Reserve — are expected to be major drivers of market performance in the second half. These forces may increase volatility but also create opportunities as uncertainty resolves.

The State of the U.S. Economy and Potential Risks:
Economic growth is projected to moderate but remain positive, supported by strong business investment tied to AI and structural capital spending. Inflation may gradually cool, while unemployment trends modestly higher, reflecting a slower but still resilient labor market.

Investment Strategies in a Changing Market Environment:
Equity markets are expected to post modest gains as earnings growth — particularly from AI-related investment — continues to provide support. However, elevated valuations, geopolitical risks and policy uncertainty could lead to periodic pullbacks, making diversification and selectivity essential.

Fixed Income and Income Opportunities:
With Treasury yields expected to remain range-bound and the Federal Reserve maintaining a cautious stance, bond returns may be driven largely by income. High-quality fixed income, including core bond sectors, is favored for stability and income generation.

Portfolio Construction and Diversification:
In an environment defined by policy uncertainty, structural change and market dispersion, diversified portfolios — including allocations to alternatives — are increasingly important for enhancing resilience and capturing opportunities across asset classes.

The Midyear Outlook also identifies four key themes likely to shape markets in the months ahead: U.S. midterm elections, the rise of resource nationalism, the transition of AI from buildout to monetization and the challenges facing a new Federal Reserve chair navigating a complex inflation environment.

“There’s still a constructive backdrop for risk assets, but it may come with a bumpier ride,” Zabicki added. “We believe investors should focus on staying balanced, maintaining diversification and positioning portfolios to adapt quickly as market leadership and policy dynamics evolve.”

Important Disclosures

Please see the LPL Financial Research Midyear Outlook 2026 for additional description and disclosure.

The opinions, statements and forecasts presented herein are general information only and are not intended to provide specific investment advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, please consult your financial professional prior to investing.

Any forward-looking statements including the economic forecasts may not develop as predicted and are subject to change based on future market and other conditions.

All indexes are unmanaged and cannot be invested into directly.

All performance referenced is historical and is not a guarantee of future results.

Investing involves risk including the loss of principal. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.​ Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.

About LPL Financial

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports more than 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment adviser and broker-dealer. Member FINRA/SIPC.

Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

Media Contact: 
[email protected] 
(402) 740-2047 

Tracking #: 1133744

STATELINE, Nev.--(BUSINESS WIRE)--Caesars Entertainment officially unveiled Caesars Republic Lake Tahoe Hotel & Casino last night, ushering in a bold new era for the South Shore with a grand opening celebration that signals the arrival of a modern, high-energy, luxury destination in the Sierra Nevada. The resort hosted an evening designed to match the scale of its transformation, welcoming guests with a champagne reception before a ceremonial ribbon-cutting with longtime partner Lisa Vander.

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 7th:

Applied Materials (AMAT - Free Report) : This company, which is a is a leading supplier of equipment used to manufacture semiconductor devices, flat panel displays and solar photovoltaic (PV) products, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.7% over the last 60 days.

Applied Materials' shares gained 53.9% over the last three month compared with the S&P 500’s gain of 11.2%. The company possesses a Momentum Score of A.

Onto Innovation (ONTO - Free Report) : This company, which engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States and internationally, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.5% over the last 60 days.

Onto Innovation's shares gained 26.4% over the last three month compared with the S&P 500’s gain of 11.2%. The company possesses a Momentum Score of A.

Bassett Furniture Industries (BSET - Free Report) : This company, which is a leading manufacturer and marketer of high quality, mid-priced home furnishings, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.2% over the last 60 days.

Bassett Furniture Industries' shares gained 39.4% over the last three month compared with the S&P 500’s gain of 11.1%. The company possesses a Momentum Score of B.

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

U.S. stocks were mixed, with the Nasdaq Composite falling around 1% on Tuesday.

Also, the company expects to be at or above the top end of the range of its previously provided guidance for EBITDA margin and non-GAAP net income per share.

DigitalOcean shares surged 10.4% to $145.04 on Tuesday.

Here are some other big stocks recording gains in today’s session.

Photo via Shutterstock

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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: BorgWarner (BWA - Free Report) BorgWarner Inc. is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles. Its products are designed to improve vehicle performance, propulsion efficiency, stability and air quality. The company manufactures and sells these products worldwide, primarily to OEMs of light vehicles, and also supplies OEMs of commercial vehicles and off-highway vehicles. BorgWarner also sells certain products to tier-one vehicle systems suppliers and into the aftermarket.

BWA is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 12.73; value investors should take notice.

Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.05 to $5.18 per share. BWA also boasts an average earnings surprise of +11.1%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, BWA should be on investors' short list.

Joby's stock is down nearly 60% from its 52-week high.

, /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY) will release financial results for the second quarter of 2026 on Thursday, July 30, 2026, after the U.S. stock market closes.

Following the news release, GoDaddy management will host a live webcast at 5:00 p.m. Eastern Time, which will be available on GoDaddy's Investor Relations website at https://investors.godaddy.net. To participate, please register here.

Following the webcast's completion, a recording will be available on GoDaddy's Investor Relations website.

About GoDaddy
GoDaddy, the world's largest domain name registrar, helps millions of entrepreneurs globally start, grow, and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services and accept payments. GoDaddy Airo®, the company's AI-powered experience, makes growing a small business faster and easier by helping them to get their idea online in minutes, drive traffic and boost sales. GoDaddy's expert guides are available 24/7 to provide assistance. To learn more about the company, visit www.GoDaddy.com.

Source: GoDaddy Inc.

© 2026 GoDaddy Inc. All Rights Reserved.

SOURCE GoDaddy Inc.

Wall Street watches a company's quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. Of course, one figure often stands out among the rest: earnings.

The earnings figure itself is key, of course, but a beat or miss on the bottom line can sometimes be just as, if not more, important. Therefore, investors should consider paying close attention to these earnings surprises, as a big beat can help a stock climb and vice versa.

Now that we know how important earnings and earnings surprises are, it's time to show investors how to take advantage of these events to boost their returns by utilizing the Zacks Earnings ESP filter.

The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP is more formally known as the Expected Surprise Prediction, and it aims to grab the inside track on the latest analyst estimate revisions ahead of a company's report. The idea is relatively intuitive as a newer projection might be based on more complete information.

The core of the ESP model is comparing the Most Accurate Estimate to the Zacks Consensus Estimate, where the resulting percentage difference between the two equals the Expected Surprise Prediction. The Zacks Rank is also factored into the ESP metric to better help find companies that appear poised to top their next bottom-line consensus estimate, which will hopefully help lift the stock price.

When we join a positive earnings ESP with a Zacks Rank #3 (Hold) or stronger, stocks posted a positive bottom-line surprise 70% of the time. Plus, this system saw investors produce roughly 28% annual returns on average, according to our 10 year backtest.

Stocks with a ranking of #3 (Hold), or 60% of all stocks covered by the Zacks Rank, are expected to perform in-line with the broader market. Stocks with rankings of #2 (Buy) and #1 (Strong Buy), or the top 15% and top 5% of stocks, respectively, should outperform the market; Strong Buy stocks should outperform more than any other rank.

Should You Consider Chubb?Now that we understand what the ESP is and how beneficial it can be, let's dive into a stock that currently fits the bill. Chubb (CB - Free Report) earns a #3 (Hold) right now and its Most Accurate Estimate sits at $7.02 a share, just 14 days from its upcoming earnings release on July 21, 2026.

Chubb's Earnings ESP sits at +6.72%, which, as explained above, is calculated by taking the percentage difference between the $7.02 Most Accurate Estimate and the Zacks Consensus Estimate of $6.58. CB is also part of a large group of stocks that boast a positive ESP. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

CB is part of a big group of Finance stocks that boast a positive ESP, and investors may want to take a look at Reinsurance Group (RGA - Free Report) as well.

Reinsurance Group, which is readying to report earnings on July 30, 2026, sits at a Zacks Rank #3 (Hold) right now. Its Most Accurate Estimate is currently $6.55 a share, and RGA is 23 days out from its next earnings report.

The Zacks Consensus Estimate for Reinsurance Group is $6.52, and when you take the percentage difference between that number and its Most Accurate Estimate, you get the Earnings ESP figure of +0.42%.

CB and RGA's positive ESP figures tell us that both stocks have a good chance at beating analyst expectations in their next earnings report.

Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>

Shift4 is evolving into a niche, vertically integrated payments monopoly post-Global Blue acquisition, with market synergies not yet priced in. FOUR's acquisition of Global Blue brings dominant VAT refund infrastructure, high-margin DCC, and access to 70,000+ European merchants, driving revenue and margin expansion. Hardware consolidation via Shift4 One POS could materially boost Global Blue's TFS success ratio, unlocking €80M+ incremental revenue and €32M EBITDA with minimal incremental cost.

34.13K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of URBN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Nu Holdings Ltd. remains a buy due to robust growth metrics and a long runway targeting Latin America's unbanked. NU's digital-only model and strong capital structure provide a competitive edge over less efficient Latin American banks, supporting sustained 20%+ earnings growth. NU's valuation has improved: it trades at a 21x P/E and a 0.44 PEG, reflecting high margins and growth potential relative to peers.

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Made with organic peaches, the summer salad supports The Edible Schoolyard Project

LOS ANGELES--(BUSINESS WIRE)--Sweetgreen today announced the launch of its Alice Waters’ Peach & Goat Cheese Salad, available nationwide for a limited time from July 7 through August 10. Part of Sweetgreen’s Summer 2026 campaign, “You Wait for This,” the salad is timed to the brief window when peaches reach their sweetest, juiciest peak. Developed to celebrate chef, activist and author Alice Waters, the launch will also support The Edible Schoolyard Project’s work connecting students to nourishment, stewardship and community.

Sweetgreen’s summer menu is designed to move with the season. After beginning the summer with tomatoes at their best, the latest menu moment turns to another ingredient people wait all year for: ripe peaches.

ShareSweetgreen’s summer menu is designed to move with the season. After beginning the summer with tomatoes at their best, the latest menu moment turns to another ingredient people wait all year for: ripe peaches. The Alice Waters’ Peach & Goat Cheese Salad captures that fleeting flavor in a bright, chef-crafted dish made to be enjoyed while the season is here.

The salad is made with organic arugula and spring mix, peaches, goat cheese, cucumbers, basil, mint and almonds, then finished with lemon tarragon vinaigrette and garlic parm crunch. Sweet, creamy, herby and crisp, the recipe balances peak-season fruit with fresh herbs, tangy cheese and layers of texture.

“I have always believed that a perfect peach could be transformative,” said Alice Waters. “It’s always been my diplomatic calling card, whether it’s for presidents or school children. Nothing wakes you up like the taste of a perfect piece of stone fruit, and of all of them, the peach might be the most persuasive.”

“The Alice Waters’ Peach & Goat Cheese Salad is a celebration of what makes summer worth waiting for: produce at its peak, trusted farm partners and simple, thoughtful cooking,” said Zipporah Allen, Chief Commercial Officer at Sweetgreen. “Alice Waters has long championed local, seasonal and organic food sourced directly from farmers and we’re proud to bring it to the menu while supporting The Edible Schoolyard Project’s work helping the next generation build the same connection to real food.”

The launch will be supported by “Letters to Alice,” a small zine and social series honoring Waters’ lasting influence on food, farming and the culinary community. The series will begin with a personal tribute from Sweetgreen co-founder Nicolas Jammet, reflecting on Waters’ meaningful connection to the brand and her influence on its approach to seasonal food. That influence includes Waters’ introduction to the peaches that helped inspire Sweetgreen’s seasonal peach salad tradition. Additional installments will feature reflections and imagery from renowned chefs who have worked with and been influenced by Waters over the course of her career.

That celebration of peak-season peaches is brought to life through Sweetgreen’s network of regional suppliers. One in particular, Frog Hollow Farm, a Brentwood, California grower introduced to Sweetgreen by Alice Waters, supplies organic peaches to the brand’s Northern and Southern California restaurants during the height of the harvest.

“We’re proud to continue our partnership with Sweetgreen for this year’s Alice Waters’ Peach & Goat Cheese Salad,” said Lael Gerhart, Director of Engagement at Frog Hollow Farm. “Peak season peaches are one of summer's greatest pleasures, and this salad celebrates that moment beautifully. When guests enjoy our organic peaches, they're tasting the result of our commitment to building living soil and growing flavor.”

The salad was developed in collaboration with Alice Waters, whose longstanding work has helped shape how people think about seasonal ingredients, simple preparation and the relationship between food and the people who grow it.

That connection also extends beyond the menu through Sweetgreen’s support of The Edible Schoolyard Project. As part of the launch, Sweetgreen will donate to the nonprofit 1% of the net purchase price (excluding taxes, processing fees, discounts, and refunds) from each Alice Waters' Peach & Goat Cheese Salad purchased from July 7, 2026 to August 10, 2026, with a minimum donation of $25,000 and a maximum donation of $50,000. The Edible Schoolyard Project uses organic gardens, kitchen classrooms and cafeterias to help students connect with food, nature and community through hands-on learning.

The Alice Waters’ Peach & Goat Cheese Salad will be available nationwide from July 7 through August 10, alongside the Picnic Bowl and Summer Market Bowl. Guests can order in-store, through the Sweetgreen app or at www.sweetgreen.com, and follow @Sweetgreen on Instagram, TikTok, Facebook and X.

About Sweetgreen:

Sweetgreen (NYSE: SG) is on a mission to build healthier communities by connecting people to real food. Since 2007, the brand has reimagined what fast food can be: fresh, flavorful and built on real relationships with growers. Sweetgreen’s supply chain spans the country while remaining rooted in partnerships with local farmers. Today, Sweetgreen serves seasonal, chef-crafted menus across more than 285 locations nationwide, creating spaces where food, people and purpose come together.

About The Edible Schoolyard Project:

The Edible Schoolyard Project is a nonprofit organization dedicated to the transformation of public education by using organic school gardens, kitchens and cafeterias to teach both academic subjects and the values of nourishment, stewardship and community. Edible education provides hands-on experiences that connect students to food, nature and each other; and at its heart is a dynamic and joyful learning experience for every child.

More News From Sweetgreen

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Nice (NICE - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Over the past month, shares of this software company have returned +6.4%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Internet - Software industry, which Nice falls in, has gained 2.3%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

Nice is expected to post earnings of $2.63 per share for the current quarter, representing a year-over-year change of -12.6%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

For the current fiscal year, the consensus earnings estimate of $11.1 points to a change of -9.8% from the prior year. Over the last 30 days, this estimate has remained unchanged.

For the next fiscal year, the consensus earnings estimate of $12.64 indicates a change of +13.9% from what Nice is expected to report a year ago. Over the past month, the estimate has remained unchanged.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for Nice.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of Nice, the consensus sales estimate of $767.17 million for the current quarter points to a year-over-year change of +5.6%. The $3.18 billion and $3.49 billion estimates for the current and next fiscal years indicate changes of +7.9% and +9.7%, respectively.

Last Reported Results and Surprise HistoryNice reported revenues of $768.62 million in the last reported quarter, representing a year-over-year change of +9.8%. EPS of $2.64 for the same period compares with $2.87 a year ago.

Compared to the Zacks Consensus Estimate of $761.09 million, the reported revenues represent a surprise of +0.99%. The EPS surprise was +4.76%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Nice is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Nice. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.

Shares of Reddit (RDDT) recently caught bullish traction as a quiet outperformer in the social media space. Rick Ducat analyzes the recent price action and key levels to watch following a recent price target hike at Wells Fargo.

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New feature helps customers build savings and better manage expenses with advice based on real-time account activity.

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank on Tuesday announced the launch of personalized insights, a new mobile banking feature that delivers tailored financial education, proactive notifications, and actionable insights based on real-time account activity.

Built into the Regions Mobile Banking app, customers can better understand spending habits, track subscriptions, and strengthen financial decision-making, all through intelligent, easy-to-understand notifications.

Insights at a Glance:

This advanced digital tool analyzes transaction data to deliver insights that can help customers make more informed financial decisions. Working with greater clarity to build financial confidence, customers can better spot opportunities to build savings, reduce expenses, or take other actions to reach short- and long-term goals.

The idea is to transform everyday transactions into meaningful insights. In turn, Regions customers can:

Receive personalized financial insights Better understand spending and saving behaviors Identify trends and potential risks early Build long-term financial confidence How do insights work?

Ease of use is at the heart of this new feature, which is rolling out automatically to Regions Mobile Banking customers. Now, when customers open the app, they will have access to the following:

Proactive daily notifications on spending and savings metrics Cash flow and trend analysis Subscription tracking Options for financial guidance How Insights Support Regions Bank Customer Service:

Regions Bank is focused on combining the best in personal service with the latest in technology. For years, the Regions Mobile Banking app has offered personalized experiences. Now, based on customers’ unique account transactions, Regions is making banking even easier by highlighting more ways to build financial success.

“Regions Bank is helping customers turn knowledge into action, taking simple yet effective steps to build savings, manage spending, and make their money work for them,” said Kate Danella, head of Consumer Banking for Regions. “Every transaction contains valuable insights customers can use along their financial journey. What we’re doing is making that information more easily accessible and ready to use, so it can help customers not only manage their daily spending but also save and plan for the future.”

How Insights Enhance the Mobile Banking Experience:

Insights enhance the mobile baking experience by delivering:

Early detection of spending patterns and risks Clear, actionable financial insights Real-time financial visibility into account activity Tools that support building long-term financial confidence “Every digital enhancement we make at Regions Bank is strategically designed to create a faster, simpler and more meaningful banking experience,” said Dan Massey, Chief Enterprise Operations and Technology Officer for Regions. “The personalized insights complement our long-term service enhancements connecting customers with more valuable information and more intuitive options to successfully manage their finances.”

Built for Today’s Digital Banking Customer:

Regions Bank continues to invest in innovative mobile banking technology enabling customers to easily customize features, receive notifications, monitor trends, and provide feedback to help shape future enhancements.

Frequently Asked Questions (FAQs)

Are personalized insights free?
Yes, personalized insights are included at no additional cost.

Can I turn off personalized insights in the Regions Mobile Banking app?
Yes, customers can opt out of notifications at any time.

Is my data secure?
Regions uses strong security measures and privacy protections to safeguard customer information.

Who can use personalized insights?
The feature is available now to Regions Consumer Banking customers using the mobile banking app.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $161 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,200 banking offices and more than 1,750 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

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PALO ALTO, Calif.--(BUSINESS WIRE)--Rubrik (NYSE: RBRK), the Security and AI Operations Company, announced today its membership in Coalition for Health AI (CHAI), an industry-led coalition committed to developing best practices and frameworks to further innovation, safety, and security for AI. Rubrik joined to collaborate with CHAI and its members on cyber resilience and AI governance. CHAI's mission is to advance the responsible development, deployment, and adoption of AI in healthcare by foste.

When investors think about the AI trade, they often think of specialized chips, memory, critical software, or neoucloud companies. But it is increasingly becoming an electricity and power story. The enormous gigawatt-scale data centers that the hyperscalers are counting on cannot run on GPUs alone. They need turbines, substations, transmission upgrades, grid equipment, and above all, reliable power at a scale the U.S. grid was never built to deliver.

GE Vernova Today

$1,048.09 -103.95 (-9.02%)

As of 10:29 AM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$511.50▼

$1,195.94Dividend Yield0.19%

P/E Ratio30.49

Price Target$1,089.88

That realization has made GE Vernova NYSE: GEV one of the clearest derivative plays on AI infrastructure in the market, and the stock's performance reflects it. Not just in the short term, but also over the past couple of years. And it’s shown no signs of slowing down. Over the year, the stock has surged by almost 76%, vastly outperforming its sector and the market benchmark. Zooming out, it’s even more impressive, with the stock up approximately 120% over the previous 12 months.

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So let’s dig a little deeper into the reason behind its stellar performance and see whether it’s sustainable at current prices.

GE Vernova Sits at the Center of the AI Power BuildoutGE Vernova, the energy business spun out of General Electric, sits squarely in the path of the power buildout that AI demands. Its gas power segment supplies the heavy-duty turbines that utilities and, increasingly, data center developers are ordering to quickly add generation capacity.

Its electrification and grid businesses provide the transformers, switchgear, and grid-modernization equipment needed to move all of that new power to where it is consumed. When a hyperscaler announces a multi-gigawatt campus, equipment like GE Vernova's is being ordered somewhere down the supply chain.

The Appeal: AI Exposure Without Semiconductor CyclicalityWhat makes the GE Vernova story distinct is what it does not carry. Investors who want exposure to AI compute growth through chips or memory must accept brutal cyclicality, inventory swings, and pricing cycles. Power infrastructure demand behaves differently. Turbine orders come with multi-year delivery schedules. Grid equipment is bought against decade-long utility planning cycles. Service agreements generate recurring revenue for the life of the installed equipment. The result is a business with far greater revenue visibility than the semiconductor complex, which is attached to the same underlying demand driver.

And the company’s fundamentals absolutely back up the story and recent share performance. GEV posted its Q1 2026 results on April 22, topping earnings estimates by $1.95 per share while quarterly revenue of $9.34 billion grew 17% year-over-year. The company delivered strong orders, raised 2026 guidance across all key metrics, and saw revenue and backlog growth in both equipment and its services segments. Analysts project earnings growth of over 62% for the year ahead, among the strongest of any large-cap industrial. The balance sheet is clean, with a debt-to-equity ratio of just 0.19.

The Risk: A Valuation That Demands ExecutionGE Vernova Stock Forecast Today12-Month Stock Price Forecast:
$1,089.88
-5.35% Downside

Moderate Buy
Based on 30 Analyst Ratings

Current Price$1,151.45High Forecast$1,400.00Average Forecast$1,089.88Low Forecast$580.00GE Vernova Stock Forecast Details

With all that being said, after a run of this magnitude, there is certainly some risk investors need to be aware of. GE Vernova now trades at nearly 59 times trailing earnings and more than 8 times sales, multiples that leave little room for disappointment.

Notably, the consensus price target of $1,089.88 from 30 analysts is now about 5% below the current share price, a sign of how far the stock has outrun formal models. MarketBeat data also shows insiders have been selling shares, a data point worth noting after a 76% year-to-date gain.

At these levels, the stock needs continued order growth, backlog strength, and margin expansion to justify the move. Anything less, and GE Vernova risks trading like an overcrowded AI-adjacent name rather than an infrastructure winner. That is the tension heading into the next catalyst.

GE Vernova’s Q2 Report Will Test the AI Power ThesisQ2 earnings arrive on July 22, and the report will answer the only question that matters at this moment: whether AI-driven power demand is still translating into real contracts and free cash flow. Investors should focus less on the headline numbers and more on orders, backlog growth, and margin trajectory across the gas power and electrification segments. Those are the metrics that reveal whether the demand wave is accelerating or merely priced in, as well as the price action in the days immediately following the report.

The AI power thesis behind GE Vernova is real, structural, and likely to run for years. But at a record-high share price and a premium valuation, the burden of proof now sits with execution. If the orders keep coming, the stock can keep working. If they slow, the market's patience may prove far shorter than the grid's planning cycles.

Should You Invest $1,000 in GE Vernova Right Now?Before you consider GE Vernova, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GE Vernova wasn't on the list.

While GE Vernova currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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The space race is growing fast, and you don’t have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.

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Nebius customers can deploy Saturn Cloud's managed fine-tuning, model serving, and per-token billing directly on Nebius AI Cloud, an NVIDIA Cloud Partner.

, /PRNewswire/ -- Saturn Cloud, the AI token factory platform, today announced that its platform is now available for self-service deployment in the Nebius marketplace. Nebius customers can stand up Saturn Cloud on Nebius's NVIDIA infrastructure without manual integration.

The marketplace listing builds on an existing integration between the two companies, turning a setup that operators and teams previously handled themselves into a deployment they can run from the marketplace.

Nebius AI Cloud is a full-stack AI cloud built on the NVIDIA DSX Platform running NVIDIA Hopper and NVIDIA Blackwell GPUs. As an NVIDIA Exemplar Cloud, its infrastructure is validated against NVIDIA reference architectures and benchmarks, giving Saturn Cloud customers access to large-scale GPU capacity across Nebius regions in the US and Europe.

"Operators and AI teams want to get from infrastructure to a working model endpoint without building plumbing first," said Sebastian Metti, Founder, Saturn Cloud. "Self-service deployment in the Nebius marketplace means a Nebius customer can stand up Saturn Cloud on NVIDIA AI infrastructure, fine-tune a model, and serve it with per-token billing, in a few steps rather than a procurement cycle."

What Customers Get

Once deployed from the Nebius marketplace, Saturn Cloud runs on Nebius AI Cloud, adding its managed workflow layer for teams that standardized on Saturn Cloud. Customers get managed fine-tuning on open models (full-weight and LoRA), OpenAI-compatible inference endpoints with auto-scaling, per-token usage metering and billing, distributed multi-GPU training with orchestration and logging, and enterprise security including SSO, RBAC, and SOC 2 compliance.

Engineers run the full workflow on Nebius's NVIDIA AI infrastructure: upload a dataset, fine-tune a model, deploy it to an inference endpoint, and put it into production.

"Customers come to Nebius to go from training to production, and we want platforms helping them get there faster," said Laurelle Roseman, VP of Global Partnerships, Nebius. "Making Saturn Cloud available via self-service in our marketplace is exactly that: a validated platform that customers can deploy in a few steps. It's the kind of self-service marketplace motion we want more of on Nebius."

Availability

Saturn Cloud is available for self-service deployment in the Nebius marketplace today.

About Saturn Cloud

Saturn Cloud is the AI token factory platform for neoclouds, AI Factory operators, and enterprises. It turns GPU infrastructure into managed services for fine-tuning, model serving, and per-token billing, with OpenAI-compatible inference endpoints, distributed training, and managed environments. Enterprise security and governance are built in, across public, private, and on-premises environments. Learn more at saturncloud.io.

About Nebius

Nebius, the AI cloud company, is building a full-stack platform that enables developers and companies to take charge of their AI future – from data and model training to production deployment. Founded on deep in-house technological expertise and operating at scale with a rapidly expanding global footprint, Nebius serves startups and enterprises building AI products, agents, and services worldwide.

Nebius is listed on Nasdaq (NASDAQ: NBIS) and headquartered in Amsterdam.

For more information, please visit www.nebius.com. 

SOURCE Saturn Cloud

Aptiv PLC (APTV - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Over the past month, shares of this company have returned -13.8%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Technology Services industry, which APTIV PLC falls in, has gained 0.9%. The key question now is: What could be the stock's future direction?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

APTIV PLC is expected to post earnings of $1.41 per share for the current quarter, representing a year-over-year change of -33.5%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.3%.

For the current fiscal year, the consensus earnings estimate of $6.25 points to a change of -20.1% from the prior year. Over the last 30 days, this estimate has changed -1.7%.

For the next fiscal year, the consensus earnings estimate of $7.02 indicates a change of +12.2% from what APTIV PLC is expected to report a year ago. Over the past month, the estimate has changed -4%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, APTIV PLC is rated Zacks Rank #4 (Sell).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

For APTIV PLC, the consensus sales estimate for the current quarter of $3.29 billion indicates a year-over-year change of -36.7%. For the current and next fiscal years, $15.1 billion and $13.97 billion estimates indicate -26% and -7.4% changes, respectively.

Last Reported Results and Surprise HistoryAPTIV PLC reported revenues of $5.09 billion in the last reported quarter, representing a year-over-year change of +5.4%. EPS of $1.71 for the same period compares with $1.69 a year ago.

Compared to the Zacks Consensus Estimate of $5.02 billion, the reported revenues represent a surprise of +1.27%. The EPS surprise was +5.56%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

APTIV PLC is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about APTIV PLC. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today provided the following update regarding its Aspire business and selected consolidated operating results for the second quarter ended June 30, 2026. Aspire Update Christopher J. Abate, Chief Executive Officer, commented: "Our mortgage banking businesses continued their momentum in the second quarter, with aggregate volumes of ov.

NEW YORK--(BUSINESS WIRE)--Klarna, the global digital bank and payments provider, and Southwest Airlines® today announced a long-term partnership to bring new flexible, transparent payment options to millions of Southwest® customers across the United States.

More than one in four Americans say they're more likely to book when flexible payment options are available at checkout1. Starting later this year, travelers booking on Southwest.com® and the Southwest® app will be able to choose from Klarna’s range of payment options at checkout, including paying in full, splitting the cost into four interest-free installments, or financing their trip over time.

"Southwest has spent over 50 years making flying accessible to more Americans, and we're proud to be the partner that takes that mission one step further," said David Sykes, Chief Commercial Officer at Klarna. "Whether booking a long weekend or a cross-country trip, millions of travelers will now have access to Klarna's flexible payment options at checkout, providing a smart booking experience that gives travelers more choice in how they pay."

The partnership places Klarna in front of one of the largest travel audiences in the country. Southwest carries more nonstop domestic passengers than any other U.S. airline, serving over 134 million customers in 2025.2 For Klarna, the deal marks another milestone in its push to become the default payment choice for travel. No other player in the space matches Klarna's global scale or the breadth - 119 million consumers across 26 countries - of its financial products, from flexible payments to savings and spending tools. Known for its transparent pricing and customer-first approach, Southwest is a natural partner for Klarna as it continues to scale its presence in travel.

“Southwest is focused on giving more choice to Customers when they travel with us,” said Corbitt Burns, Managing Director Loyalty & CoBrand at Southwest Airlines. “With Klarna’s flexible payment options, customers gain another convenient way to book flights and enjoy our industry-leading reliability and Hospitality.”

1 https://www.empower.com/the-currency/money/buy-now-pay-later-statistics
2 Based on U.S. Dept. of Transportation quarterly Airline Origin & Destination Survey as of Q4 2025

Forward-looking statements

This press release contains forward-looking statements within the meaning of applicable securities laws. These statements include, but are not limited to, statements regarding our future financial performance, business strategy, growth objectives and market opportunities. Words such as "believe," "expect," "anticipate," "intend," "plan," "will," "may," "could," "estimate," and similar expressions identify forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied. Forward-looking statements reflect our views as of the date of this release and are based on information currently available to us. We undertake no obligation to update any forward-looking statements, except as required by law. Actual results may differ materially from those anticipated. Investors should not place undue reliance on these forward-looking statements and should review the risk factors in our filings with the SEC for a more complete discussion of risks.

About Klarna

Klarna is a global digital bank and flexible payments provider. With over 119 million global active Klarna users and 3.4 million transactions per day, Klarna’s AI-powered payments and commerce network is empowering people to pay smarter with a mission to be available everywhere for everything. Consumers can pay with Klarna online, in-store and through Apple Pay & Google Pay. More than one million retailers trust Klarna’s innovative solutions to drive growth and loyalty, including Uber, H&M, Saks, Sephora, Macy’s, Ikea, Expedia Group, Nike and Airbnb. Klarna is listed on the New York Stock Exchange (NYSE: KLAR). For more information, visit Klarna.com.

Category: Partnerships

Shares of SanDisk Inc. SNDK fell sharply in trading on Tuesday as a broad selloff in memory-chip stocks spread from South Korea to US markets despite strong preliminary earnings from Samsung Electronics.

SanDisk shares declined 8% after falling 23% over the previous three trading sessions.

The stock has been one of the strongest performers in the US technology sector this year, gaining about 635% year to date and more than 3,750% over the past 12 months.

The decline came as investors took profits across the memory-chip sector following steep gains in semiconductor stocks driven by artificial intelligence demand.

The selling pressure followed Samsung Electronics' preliminary second-quarter earnings announcement.

The South Korean technology company projected operating profit of 89.4 trillion won ($58.44 billion), representing a 19-fold increase from the same period a year earlier. Samsung also forecast revenue of 171 trillion won, up 129% year over year.

Despite the stronger-than-expected results, Samsung shares fell 6.9% in South Korean trading as investors appeared to lock in gains after a prolonged rally. The stock has risen about 380% over the past year.

SK Hynix also declined 6.1%, with the two companies together accounting for more than half of the Kospi index's market capitalization.

The broader South Korean market came under pressure as heavy selling in chipmakers pushed the Kospi down as much as 8.2% during the session, briefly placing the index in bear market territory before trimming some losses.

The weakness in South Korea quickly spread to US semiconductor stocks.

Micron Technology and Western Digital fell 7.3% and 8.14% respectively in trading.

The Roundhill Memory ETF (DRAM), whose largest holdings include Samsung, SK Hynix and Micron, dropped 6.2%.

The selloff extended beyond memory-chip companies. Intel and Advanced Micro Devices each declined more than 6%, while Nvidia slipped 1.5%.

Investors appeared to be taking profits after a prolonged rally in semiconductor shares, particularly in companies benefiting from growing demand for AI-related memory and storage products.

SanDisk's recent decline comes after an extended period of exceptional gains.

Although the stock has fallen more than 20% over the past three trading sessions, it remains one of the best-performing US technology stocks over the past year.

The company has previously experienced similar pullbacks, including a four-day losing streak in May and a five-day decline in March before resuming its broader upward trend.

Profit-taking was also evident across the memory sector.

Micron and SanDisk are now trading well below the highs they reached last month, while the Roundhill Memory ETF has declined 19% from its June 22 peak.

Investors are also preparing for another potential catalyst later this week, with South Korean memory-chip maker SK Hynix scheduled to begin trading on the Nasdaq on Friday.

The upcoming listing could keep attention focused on the memory-chip sector as investors continue to assess whether recent declines represent a pause in the AI-driven rally or the beginning of a broader correction following months of outsized gains.

Artificial intelligence is hitting a severe physical barrier. The language models are getting exponentially smarter, and the silicon is processing data faster than ever before, but the physical electrical grid cannot deliver power fast enough to keep up with demand. Hyperscalers require multi-gigawatt power drops and large liquid-cooling systems to train their next-generation models, and they need these facilities to be fully operational immediately.

Enter the Bitcoin mining sector. For years, cryptocurrency miners have spent billions building high-density energy fortresses in remote locations. Now, operators with the right infrastructure are realizing they hold the exact real estate that artificial intelligence (AI) developers are desperate to acquire.

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The $19 Billion Jolt: Rewiring the AI Infrastructure TradeTeraWulf Today

$19.68 -2.53 (-11.37%)

As of 10:16 AM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$4.64▼

$29.84Price Target$33.93

TeraWulf Inc. NASDAQ: WULF just provided the definitive proof of concept for this entire infrastructure crossover thesis. TeraWulf recently executed a landmark 20-year lease agreement with artificial intelligence powerhouse Anthropic, securing an estimated $19 billion in contracted revenue over the initial term.

Investors should see this as more than a standard commercial real estate transaction. It represents a fundamental structural shift in how digital infrastructure operators can monetize stranded power assets. By transitioning from the highly cyclical nature of cryptocurrency mining to utility-grade data center yield, TeraWulf is setting an entirely new operational precedent for the high-performance computing (HPC) sector.

Flipping the Switch: Funding a $19B Hyperscaler EmpireTo understand the magnitude of this transition, investors must look at the specific mechanics of the Anthropic agreement and how TeraWulf is actively funding the buildout. The 20-year lease centers on the Justified Data campus in Hawesville, Kentucky, which is a purpose-built facility designed to handle 401 megawatts of critical IT load.

Management expects to place the initial capacity into service in the second half of 2027, ramping up to the full 401 megawatts by early 2028. To put that scale into perspective, traditional enterprise data centers often operate between 10 and 50 megawatts. A 401-megawatt site is a true digital fortress.

Building a facility of this magnitude requires immense capital expenditure. A glance at the balance sheet reveals an elevated debt-to-equity ratio of 33.00, a lingering byproduct of rapid infrastructure expansion during previous crypto bull markets. Funding this new Anthropic campus entirely through high-interest debt or heavy equity dilution would have severely penalized current shareholders. Instead, TeraWulf executed a strategic masterclass in capital recycling.

Simultaneous to the Anthropic announcement, TeraWulf sold its 50.1% interest in the Abernathy Joint Venture to a Fluidstack-led investor group. This specific divestiture monetizes a 168-megawatt Texas facility for $450 million at a premium to the initial invested capital.

By liquidating a legacy joint venture stake, TeraWulf captures immediate non-dilutive capital to redeploy directly into the wholly owned Justified Data project. This maneuver eliminates joint-venture accounting constraints and ensures TeraWulf maintains direct operational control over its most lucrative hyperscaler infrastructure.

Upgrading the Circuit: From Block Rewards to AI YieldThis strategic pivot completely rewrites TeraWulf's forward-looking margin profile. Historically, cryptocurrency miners suffer from brutal margin compression. They are tethered to volatile block rewards, unpredictable spot pricing, and mandatory hardware refresh cycles following every network halving event. Recent historical earnings reflect these exact operational challenges, highlighted by a sharp first-quarter 2026 earnings miss and heavily negative trailing net margins.

Hosting enterprise-grade artificial intelligence workloads changes the financial math entirely. Hyperscalers require the same multi-megawatt grid interconnects and liquid-cooling infrastructure as modern miners, but they pay significantly higher premiums for network stability and guaranteed uptime.

Industry data suggests that high-performance computing workloads yield approximately $149,000 per megawatt month. By comparison, conventional mining operations generate roughly $87,000 per megawatt month.

By locking in a two-decade agreement backed by an investment-grade credit rating, TeraWulf replaces the unpredictable lottery of mining rewards with predictable cash flows. Investors are seeing similar transition attempts across the sector from peers like Core Scientific Inc. NASDAQ: CORZ and Iris Energy Ltd. NASDAQ: IREN, but securing a binding $19 billion commitment from a tier-one developer firmly separates the actual operators from the aspirational ones.

Shock to the System: A High-Voltage SqueezeThe underlying business fundamentals are shifting rapidly, and technical market mechanics are heavily amplifying the upside narrative. A severe disconnect currently exists between institutional positioning and retail short sellers, creating a highly volatile setup that heavily favors acute upward price action.

Over the trailing 12 months, smart money has been aggressively accumulating shares.

TeraWulf Stock Forecast Today12-Month Stock Price Forecast:
$33.46
50.63% Upside

Moderate Buy
Based on 18 Analyst Ratings

Current Price$22.21High Forecast$66.50Average Forecast$33.46Low Forecast$18.25TeraWulf Stock Forecast Details

Recent 13F filings indicate $991.36 million in institutional inflows compared to just $305.12 million in outflows, bringing total institutional ownership to a majority 62.49% of the outstanding shares. Investors will also see transparent internal positioning ahead of this catalyst, highlighted by a recent stock retainer grant to Director Walter E. Carter and a structured trading plan established by CEO Paul Prager to navigate the anticipated capacity scaling.

Despite this clear institutional conviction, short interest remains acutely elevated. Currently, 108.7 million shares are sold short, accounting for almost 28% of the publicly available float. With a days-to-cover ratio sitting at 4.1, bearish traders find themselves incredibly vulnerable to sudden price spikes.

Short sellers built their thesis on the assumption of continued margin compression and debt distress from legacy mining operations. The sudden realization of $19 billion in contracted high-margin revenue actively forces a complete reassessment of that bear thesis.

As TeraWulf begins to book this utility-grade yield, the fundamental repricing of the stock introduces extreme near-term margin pressure on those short positions. This acts as a forced-covering mechanism, adding intense buying volume to an equity already experiencing heavy institutional accumulation.

Plugging Into the Next Generation of ComputeTeraWulf has provided the definitive blueprint for monetizing high-density power assets in the modern digital economy. The transition from cryptocurrency hardware to utility-grade computational real estate structurally derisks the business model while drastically expanding long-term revenue visibility.

Investors seeking exposure to the physical infrastructure required to power the next generation of computing may want to add TeraWulf to their watchlist as the initial phases of the Anthropic buildout take shape. As always, execution risk remains a factor in any large-scale development project, particularly regarding the timely deployment of the 401-megawatt infrastructure by 2027. Cautious market participants might prefer to monitor upcoming earnings reports to verify that capital from the Abernathy sale is efficiently flowing into the Kentucky campus before taking a definitive position.

Should You Invest $1,000 in TeraWulf Right Now?Before you consider TeraWulf, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TeraWulf wasn't on the list.

While TeraWulf currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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The space race is growing fast, and you don’t have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.

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GFL Environmental (GFL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Not for distribution to United States news wire services or for dissemination in the United States.

WELLSTAR is expected to become a publicly listed company through a TSXV listing, supported by a Concurrent Financing with gross proceeds of approximately $50 million anchored by strong institutional subscription from a large Canadian bank-owned asset manager and continued support from existing shareholders. The proposed public listing is expected to crystallize the value of WELLSTAR's underlying assets through an independent public market valuation, while providing a dedicated acquisition currency to support its long-term growth strategy.WELLSTAR is a high growth, profitable pure-play healthcare technology company with a historical three-year organic revenue CAGR of over 20% and expected 2026 Adjusted EBITDA margin of 21%. The Company serves over 40% of providers across Canada with high quality technology and services that significantly reduce providers’ administrative burden, and is expected to generate approximately $95 million of revenue in 2026.Following the listing, WELL is expected to remain a significant long-term controlling shareholder and growing customer, reinforcing its commitment to WELLSTAR while unlocking value for WELL shareholders and providing WELLSTAR continued access to one of Canada's largest outpatient clinic networks to support WELLSTAR's continued growth.The Concurrent Financing is being led by TD Securities Inc., RBC Capital Markets and Stifel, on behalf of a syndicate of agents, with proceeds used to fund strategic acquisitions, AI-driven product innovation, organic growth initiatives, and general corporate purposes, further strengthening WELLSTAR’s position as a leading healthcare technology platform. Purchasers will receive subordinate voting shares in WELLSTAR, each of which will subsequently be exchanged for one freely tradeable Resulting Issuer SVS in connection with the completion of the Transaction expected to occur in mid-September 2026. VANCOUVER, British Columbia, July 07, 2026 (GLOBE NEWSWIRE) -- WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (“WELL”), a digital health company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, together with 1587818 B.C. Ltd. (“818”), are pleased to announce that WELL’s subsidiary, WELLSTAR Technologies Corp. (“WELLSTAR” or the “Company”), has entered into an amalgamation agreement dated as of the date hereof (the “Amalgamation Agreement”) with 818, pursuant to which WELLSTAR and 818 will amalgamate under the Business Corporations Act (British Columbia) (such amalgamated entity, the “Resulting Issuer”) (the “Transaction”) and intends to apply to concurrently list the Resulting Issuer’s subordinate voting shares on the TSX Venture Exchange (the “TSXV”).

The Transaction is currently expected to close on or about September 16, 2026. Following completion of the Transaction, it is anticipated that the Resulting issuer will carry on the business of WELLSTAR and the subordinate voting shares of the Resulting Issuer (the “Resulting Issuer SVS”) will be listed on the TSXV.

WELL is also pleased to announce that, in connection with, and as a condition to closing of, the Transaction, WELLSTAR is undertaking a brokered private placement (the “Concurrent Financing”) of subscription receipts (“Subscription Receipts”). TD Securities Inc., RBC Capital Markets and Stifel Nicolaus Canada Inc. (“Stifel” and together with TD Securities Inc. and RBC Capital Markets, the “Lead Agents”), on behalf of a syndicate of agents (collectively with the Lead Agents, the “Agents”) will support WELLSTAR on a best efforts basis in offering the Subscription Receipts. The Concurrent Financing is expected to raise aggregate gross proceeds of approximately C$50 million at a price of C$10.00 per Subscription Receipt (the “Issue Price”)1. WELLSTAR has also granted the Agents an option (the “Agents’ Option”), exercisable in whole or in part at any time up until 48 hours prior to the date of closing of the Concurrent Financing, to place at the Issue Price up to such number of additional Subscription Receipts as is equal to 15% of the Subscription Receipts issuable under the Concurrent Financing. The Concurrent Financing is anchored by strong institutional subscription from a large Canadian bank-owned asset manager and continued support from existing shareholders, continuing WELLSTAR's successful track record of financing independently. Closing of the Concurrent Offering is expected to occur on or about July 29, 2026 (the “Subscription Receipt Closing Date”).

Hamed Shahbazi, Chairman and CEO of WELL, commented, “This transaction is a significant milestone in WELL's strategy to unlock the value of our healthcare technology assets while retaining a meaningful ownership position in one of Canada's leading digital health platforms. WELLSTAR's electronic medical records, AI-enabled clinical tools and practice management solutions are the technology foundation powering a significant portion of our clinics across Canada, and that clinical environment in turn strengthens WELLSTAR's products, a symbiotic relationship that will endure as WELL remains a significant long-term shareholder. A standalone public listing will give WELLSTAR enhanced strategic flexibility, greater access to growth capital and increased visibility with investors, positioning it to create long-term value for both WELL and WELLSTAR shareholders.”

Amir Javidan, CEO of WELLSTAR, further commented, “Today's announcement marks the beginning of an exciting new chapter for WELLSTAR as we prepare to become a publicly listed healthcare technology company. We are encouraged by the strong interest we've already received from institutional investors, which reflects confidence in our business, our leadership team and our long-term vision. Access to the public markets, together with the capital raised through this financing, will enhance our strategic flexibility and position us to accelerate product innovation, expand our AI capabilities, execute on our acquisition pipeline and continue delivering solutions that empower healthcare providers and improve patient outcomes.”

Concurrent Financing

In connection with the Transaction, WELLSTAR is undertaking a brokered private placement of Subscription Receipts. The Concurrent Financing is expected to raise aggregate gross proceeds of approximately C$50 million at a price of C$10.00 per Subscription Receipt, reflecting the 818 Consolidation and WELLSTAR Consolidation. The net proceeds of the Concurrent Financing will be released to WELLSTAR on the closing of the Transaction and be used by WELLSTAR for potential future acquisitions, AI-related innovation, organic growth initiatives and general corporate purposes.

Each Subscription Receipt will entitle the holder, without payment of any additional consideration or further action on the part of the holder, and subject to adjustment in certain events, upon satisfaction of certain escrow release conditions (as defined in the Subscription Receipt Agreement, the “Escrow Release Conditions”) in accordance with the terms of the Subscription Receipt Agreement, and following the 818 Consolidation and WELLSTAR Consolidation (as defined below), to receive one subordinate voting share of WELLSTAR (“WELLSTAR SVS”), which will subsequently be exchanged for one freely tradeable Resulting Issuer SVS in connection with the completion of the Transaction. The Subscription Receipts issued in connection with the Concurrent Financing are subject to a statutory hold period, in accordance with applicable securities legislation, however, the Resulting Issuer SVS will not be subject to a hold period pursuant to Canadian securities laws and will be listed on the TSXV.

The Agents will receive a cash commission payable by WELLSTAR to the Agents, equal to 6% of the aggregate gross proceeds of the Concurrent Financing, reduced to 2% of the aggregate gross proceeds for investors on a president’s list agreed between the Lead Agents and WELLSTAR (the “Agents’ Commission”).

On the Subscription Receipt Closing Date, the gross proceeds of the Subscription Receipts, less 50% of the Agents’ Commission and all of the expenses of the Agents not yet paid as of such date, will be delivered to and held by the Subscription Receipt Agent and invested in an interest bearing account until satisfaction of the Escrow Release Conditions or the Escrow Deadline (as defined below) (the “Escrowed Proceeds”, and together with all interest and other income earned thereon, referred to as the “Escrowed Funds”).

If (i) the Escrow Release Conditions are not satisfied prior to 90 days from the Subscription Receipt Closing Date or such later date as may be agreed to by not less than 66 2/3% of the votes of holders of the Subscription Receipts (the “Escrow Deadline”) or, (ii) if prior to the Escrow Deadline, the Amalgamation Agreement is terminated or WELLSTAR has advised the Subscription Receipt Agent and the Lead Agents, or announced to the public, that the Transaction will not be completed (the date upon which such event occurs, the “Termination Date”), within five business days following the Termination Date, the Escrowed Funds shall be returned to the holders of Subscription Receipts pro rata. To the extent that the Escrowed Funds are not sufficient to satisfy the Issue Price of each such Subscription Receipt, WELLSTAR will contribute such amounts as are necessary to satisfy any shortfall.

On the date on which the Escrow Release Conditions are satisfied (the “Escrow Release Date”), the Subscription Receipt Agent shall release from the Escrowed Funds: (i) to the Agents, an amount equal to the balance of the Agents’ Commission and all remaining expenses of the Agents not previously paid (collectively, the “Agents’ Payment”), and (ii) following release of the Agents’ Payment, all remaining Escrowed Funds shall be released to the Resulting Issuer.

The securities to be offered in the Concurrent Financing have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Transaction Details

Share Consolidations

Immediately prior to the completion of the Transaction, each of 818 and WELLSTAR intend to undertake certain share consolidations on exchange ratios to be finally determined and subject to receipt of necessary corporate approvals (the “818 Consolidation” and the “WELLSTAR Consolidation”, respectively).

Preferred Share Conversion

The Transaction and Concurrent Financing together will constitute an Automatic Conversion Event under the terms of the WELLSTAR Series A Preferred Shares and WELLSTAR Series B Preferred Shares. Immediately prior to the completion of the Transaction, WELLSTAR will convert all issued and outstanding WELLSTAR Series A Preferred Shares and WELLSTAR Series B Preferred Shares into fully paid and non-assessable WELLSTAR SVS (the “Preferred Share Conversion”).

Amalgamation

The Amalgamation Agreement between WELLSTAR and 818 provides, among other things, that (i) WELLSTAR and 818 will amalgamate pursuant to the provisions of the Business Corporations Act (British Columbia), (ii) all of the outstanding WELLSTAR SVS, including those issued in connection with the Preferred Share Conversion, will be cancelled and, in consideration therefor, the holders thereof will receive Resulting Issuer SVS on the basis of one Resulting Issuer SVS for each WELLSTAR SVS held, (iii) all of the outstanding multiple voting shares of WELLSTAR (“WELLSTAR MVS”) will be cancelled and, in consideration thereof, the holders thereof will receive multiple voting shares in the capital of the Resulting Issuer (“Resulting Issuer MVS”) on the basis of one Resulting Issuer MVS for each WELLSTAR MVS held and (iv) all of the outstanding shares of 818 post-818 Consolidation (“Post-Consolidation 818 Shares”) will be cancelled and, in consideration thereof, the holders thereof will receive Resulting Issuers SVS on the basis of one Resulting Issuer SVS for each Post-Consolidation 818 Share held.

Closing Conditions

Completion of the Transaction will be subject to certain customary conditions, including among others: (i) that holders of WELLSTAR SVS and WELLSTAR MVS have passed a special resolution in writing with respect to the Amalgamation Agreement; (ii) that holders of shares of 818 have passed a special resolution with respect to the Amalgamation Agreement; (iii) that 818 will have instituted a dual class share structure; (iv) that 818 will have completed the 818 Consolidation; (v) that WELLSTAR will have completed the WELLSTAR Consolidation; (vi) that WELLSTAR will have completed the Preferred Share Conversion; (vii) the completion of the Concurrent Financing; (vii) the execution and delivery of the filing statement of 818 and receipt of conditional acceptance of such filing statement and of the Transaction by the TSXV; (viii) that 818 shall not be in default of the requirements of the TSXV and any securities commission and no order shall have been issued that would prevent the Transaction or the trading of any securities of 818 or the Resulting Issuer; (ix) the receipt of all consents, orders and approvals necessary or desirable for the completion of the Transaction; and (x) that 818 shall have been a reporting issuer for at least four months and one day prior to the closing date of the Transaction.

Resulting Issuer Share Capital

Upon completion of the Transaction, the Resulting Issuer’s articles will provide for three classes of shares: Resulting Issuer SVS, Resulting Issuer MVS and preferred shares issuable in series. Upon completion of the Transaction, the Concurrent Financing, the Preferred Share Conversion and reflecting the 818 Consolidation and WELLSTAR Consolidation, an aggregate of 23.3 million Resulting Issuer SVS, 25.8 million Resulting Issuer MVS (24.1 million Resulting Issuer SVS and 25.8 million Resulting Issuer MVS if the Agents’ Option is exercised in full) and no preferred shares are expected to be issued and outstanding. All of the issued and outstanding Resulting Issuer MVS will be held by WELL.

Each Resulting Issuer SVS will be entitled to one vote and each Resulting Issuer MVS will be entitled to four votes. After giving effect to the Transaction, the Concurrent Financing and the Preferred Share Conversion, the Resulting Issuer SVS will collectively represent 47.5% of the Resulting Issuer’s issued and outstanding shares and 18.4% of the voting rights attached to all of the issued and outstanding shares (48.3% and 18.9%, respectively, if the Agents’ Option is exercised in full) and the Resulting Issuer MVS will collectively represent 52.5% of the Resulting Issuer’s issued and outstanding shares and 81.6% of the voting rights attached to all of the issued and outstanding shares (51.7% and 81.1%, respectively, if the Agents’ Option is exercised in full).

Other Key WELLSTAR Agreements

WELL and WELLSTAR are parties to a shared services agreement pursuant to which WELL provides information technology, cybersecurity, human resources administration, tax, legal, marketing, accounts payable and such other services as may be agreed by the parties. This agreement will remain in place following completion of the Transaction.

Upon completion of the Transaction, WELL intends to enter into an investor rights agreement (the “Investor Rights Agreement”) with the Resulting Issuer providing for, among other things, certain director nomination rights and customary demand and piggyback registration rights with respect to future public offerings by the Resulting Issuer, subject to the terms and conditions to be included in the Investor Rights Agreement.

Upon completion of the Transaction, WELL will enter into a customary coattail agreement with the Resulting Issuer and a trustee (the “Coattail Agreement”). The Coattail Agreement will contain provisions customary for dual-class, TSXV-listed issuers.

The Investor Rights Agreement and Coattail Agreement will be available for review under the Resulting Issuer’s profile on SEDAR+ at www.sedarplus.com on completion of the Transaction.

Stock Exchange Matters

As at the date hereof, neither the WELLSTAR SVS nor the 818 Shares are listed on any stock exchange. A condition to completion of the Transaction is the fulfillment by the Resulting Issuer of all of the minimum listing requirements of the TSXV and obtaining conditional approval for the listing of the Resulting Issuer Shares on the TSXV. A filing statement in respect of the Resulting Issuer Shares, which will include further details of the Transaction, will be filed on 818’s issuer profile on SEDAR+ at www.sedarplus.ca provided TSXV’s conditional approval of the listing of the Resulting Issuer Shares has been obtained. There can be no assurance that the TSXV will grant such conditional approval or that the Transaction will be completed as proposed or at all.

About WELLSTAR

About the Business

WELLSTAR is a digital healthcare company focused on positively impacting health outcomes by leveraging technology to empower healthcare providers and their patients. WELLSTAR offers innovative technology and services to enhance patient care and operational efficiency. WELLSTAR’s digital technologies are contributing to the transformation of the future of healthcare through a comprehensive suite of solutions tailored to meet the needs of healthcare providers and patients. WELLSTAR’s suite of solutions can be divided into three principal business units: (i) Clinical Platform Group; (ii) Digital Health Networks; and (iii) Billing and Practice Management.

WELLSTAR is currently a partially-owned subsidiary of WELL. WELLSTAR’s close strategic relationship with WELL, one of the largest operators of outpatient medical clinics in Canada, provides WELLSTAR with industry insight and expertise in optimizing clinical workflows, enhancing patient engagement, and streamlining administrative processes.

A summary of certain financial information for WELLSTAR is included in the tables below:

CAD Millions  As at March 31, 2026(1)Cash and Cash Equivalents (2)$75 Debt (Deferred Acquisition Costs)($3)Net Cash$72   WELLSTAR Shareholders’ Equity$48 Non-Controlling Interest$8 Total Equity$56  (1) Unaudited.
(2) Pro forma adjusted to give effect to the repayment of a $10 million loan to WELL, as if received on March 31, 2026.

 2026E(2)2025(2)2024(2)Revenue$95 $72 $45 Adjusted Gross Profit(1)$72 $54 $36 Adjusted EBITDA(1)$20 $16 $10 Adjusted EBITDA Margin(1)21%23%22%Net lossN/A(3)($6)($4)Free Cash Flow(1)$11 $10 $6      Q1 2026(2)Q1 2025(2)YoY ChangeRevenue$22 $17 26%Adjusted Gross Profit(1)$16 $12 29%Adjusted EBITDA(1)$3.9 $3.6 10%Adjusted EBITDA Margin(1)18%21%-300 bpsNet loss($8)($1)571% (1) These measures are unaudited, are not recognized under IFRS and do not have standardized meanings prescribed by IFRS. Refer to “Non-IFRS Measures” below for a definition of these measures and “Reconciliation of Non-IFRS Measures” for reconciliations of these measures to standardized IFRS measures.
(2) Full year 2024 and 2025 financial information is audited. Q1 2025, Q1 2026 and 2026E financial information is unaudited.
(3) Net income (loss) is not forecasted for 2026.

Further financial information will be included in the filing statement to be prepared in connection with the Transaction. An investor presentation relating to information in respect of the WELLSTAR business can be found on the Company’s website at investors.wellstar.health.

Proposed Directors and Senior Management Team

The current Chief Executive Officer and Chief Financial Officer of WELLSTAR, Amir Javidan and Darren Hoegler, each of whom was appointed to their current roles at WELLSTAR in December 2024, will be the Chief Executive Officer and Chief Financial Officer of the Resulting Issuer. Hamed Shahbazi, Chairman and Chief Executive Officer of WELL and current Chairman of the WELLSTAR board of directors, will be the Chairman of the board of directors of the Resulting Issuer with the board of directors also including Amir Javidan, Evelyn Sutherland, Matt Mattox and Sue Paish (each currently a member of the WELLSTAR board of directors). Other members of the WELLSTAR executive team are expected to remain in their current roles at the Resulting Issuer following the Transaction.

WELL HEALTH TECHNOLOGIES CORP.
Per: “Hamed Shahbazi”
Hamed Shahbazi
Chief Executive Officer, Chairman and Director   

About WELL Health Technologies Corp.

WELL Health Technologies Corp. (TSX: WELL) is Canada’s largest outpatient healthcare company and a leading provider of technology-enabled healthcare solutions. WELL is building the infrastructure for a healthier Canada, where every patient gets better care, every provider is empowered by AI, and every piece of health data is protected. WELL owns and operates approximately 270 clinics in Canada, supporting more than 5 million annual patient visits. Through its subsidiary WELLSTAR, WELL provides electronic medical records, AI-powered clinical tools, patient engagement platforms and IT management services. WELL provides cybersecurity services through its CYBERWELL subsidiary. WELL is publicly traded on the TSX under the symbol “WELL” and on the OTC Exchange under the symbol “WHTCF”. To learn more, please visit: www.well.company.

Non-IFRS Measures

Adjusted Gross Profit

Adjusted Gross Profit is defined as revenue less cost of sales, excluding depreciation and amortization. Adjusted Gross Profit should not be construed as an alternative for revenue or net income (loss) determined in accordance with IFRS. WELLSTAR does not present gross profit in its consolidated combined financial statements as it is a non-IFRS financial measure. WELLSTAR believes that Adjusted Gross Profit is a meaningful metric that is often used by readers to measure a company's efficiency of selling its products and services.

Adjusted EBITDA and Adjusted EBITDA Margin

Adjusted EBITDA is defined as net income (loss) before interest, taxes, depreciation and amortization less net rent expense on premise leases accounted for as right-of-use leases under IFRS 16, and before share-based compensation expense, time-based earnout expense, foreign exchange gains and losses, change in fair value of financial assets and liabilities, impairment charges, transaction, restructuring and integration costs and gains/losses that are not reflective of ongoing operating performance.

Adjusted EBITDA Margin is defined as Adjusted EBITDA as a percentage of total revenue.

WELLSTAR considers Adjusted EBITDA and Adjusted EBITDA Margin to be financial metrics that measure cash flow that WELLSTAR can use to fund working capital requirements and fund future growth initiatives. Adjusted EBITDA and Adjusted EBITDA Margin should not be considered alternatives to net income (loss), cash flow from operating activities or other measures of financial performance defined under IFRS.

Free Cash Flow

Free Cash Flow is defined as Adjusted EBITDA less capital expenditures (including hosting payments treated as right-of-use leases under IFRS), cash interest and cash taxes. Free Cash Flow should not be considered in isolation or as an alternative to cash flows from operating activities or other measure prepared in accordance with IFRS.

Reconciliation of Non-IFRS Measures

Reconciliation of Net Income to Adjusted EBITDA

 2026
 2025
 2024
CAD in 000sQ1 Q1FY25  Net loss(8,211) (1,223)(6,195) (3,963)Depreciation and amortization2,296  1,560 6,728  5,511 Interest expense, net5,768  1,850 7,705  510 Income tax expense550  (573)1,355  236 EBITDA per financial statements403  1,614 9,593  2,294 Adjustments:      Share-based compensation1,784  156 2,241  2,398 Foreign exchange (gain) loss3  1 (12) 8 Time-based earnout expense344  1,161 5,111  5,080 Gains (losses) on fair value of financial assets833  - (1,404) - Rent expense on right-of-use assets(169) (124)(623) (516)M&A transaction and integration costs396  553 1,190  168 Restructuring and other costs287  172 399  419 Adjusted EBITDA3,881  3,533 16,495  9,851        Revenue21,521  17,046 72,227  44,716 Adjusted EBITDA Margin %18.0% 20.7%22.8% 22.0%            Reconciliation of Adjusted EBITDA to Free Cash Flow

 2025
 2024
CAD in 000s   Adjusted EBITDA16,495  9,851 Adjustments:   Capital expenditures(4,825) (2,496)Hosting lease payments-  (880)Cash tax payments(2,089) (780)Free Cash Flow9,581  5,695        Reconciliation of Revenue to Adjusted Gross Profit

 2026 2025 2024CAD in 000sQ1 Q1FY25  Revenue21,521 17,04672,227 44,716Cost of sales (excluding depreciation and amortization)5,361 4,56718,274 9,042Adjusted Gross Profit16,160 12,47953,953 35,674        Forward-Looking Statements

This news release may contain “Forward-Looking Information” within the meaning of applicable Canadian securities laws, including, without limitation: the terms and conditions of the Transaction and the Concurrent Financing, including with respect to the terms of the Subscription Receipts issued pursuant thereto; use of proceeds from the Concurrent Financing; expectations regarding the 818 Consolidation and the WELLSTAR Consolidation, including the terms and timing thereof; expectations regarding the timing of closing of the Transaction and the Concurrent Financing; the expected benefits of the Transaction; expectations regarding the Resulting Issuer’s share capital; the terms and conditions of the Shared Services Agreement, Investor Rights Agreement and Coattail Agreement; future plans of the Resulting Issuer; and the proposed directors and senior management of the Resulting Issuer. Forward-Looking Information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-Looking Information generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-Looking Information involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the Forward-Looking Information and the Forward-Looking Information are not guarantees of future performance. WELL’s comments expressed or implied by such Forward-Looking Information are subject to a number of risks, uncertainties, and conditions, many of which are outside of WELL ‘s control, and undue reliance should not be placed on such information. Forward-Looking Information are qualified in their entirety by inherent risks and uncertainties, including without limitation: satisfaction or waiver of all applicable conditions to the completion of the Transaction (including receipt of all necessary shareholder, stock exchange and regulatory approvals or consents, and the absence of material changes with respect to the parties and their respective businesses) and the Concurrent Financing; ability to close the Concurrent Financing on the proposed terms or at all; the synergies expected from the Transaction not being realized; business integration risks; market for the Resulting Issuer SVS; market price of the Resulting Issuer SVS; the Amalgamation Agreement may be terminated by WELLSTAR or 818 in certain circumstances; WELLSTAR and 818 may incur costs even if the Transaction or Concurrent Financing is not completed; the requirements that accompany being a publicly traded company may put a strain on the Resulting Issuer’s resources, divert attention from management, and adversely affect its ability to maintain and attract management and qualified board members; uncertainty of use of proceeds; liquidity risk; leverage risk; and share price fluctuations; adverse market conditions and the ability to complete acquisitions; risks inherent in the primary healthcare sector in general; continued patient and consumer demand for WELLSTAR’s products and services; regulatory and legislative changes; that future results may vary from historical results; the inability to obtain any requisite future financing on suitable terms; any inability to realize the expected benefits and synergies from acquisitions; that market competition may affect the business, results and/or financial condition of WELLSTAR and other risk factors identified in documents filed by WELL under its profile at www.sedarplus.com, including its most recent Annual Information Form. Except as required by securities laws, 818, WELL and WELLSTAR do not assume any obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise.

This news release contains future oriented financial information (collectively, “FOFI”) about WELLSTAR, all of which are subject to the same assumptions, risk factors, limitations, and qualifications as set out in the above paragraph. In addition, the FOFI has been prepared based on a number of assumptions, including assumptions regarding: the Company’s 2026 outlook; continued demand for the Company’s product and service offerings; continued growth in subscription and recurring revenue; expected levels of new customer acquisition, customer retention and renewal rates; anticipated expansion revenue from existing customers through upselling and cross-selling activities; the implementation of planned pricing increases across certain products and services; the successful negotiation, execution and closing of one or more potential tuck-in acquisition transactions currently under letter of intent; the timing and success of new product releases, enhancements and go-to-market initiatives; the continued availability, reliability and performance of third-party technology infrastructure and service providers; no significant cybersecurity incidents, service disruptions or data breaches; continued competitive intensity in the markets in which the Company operates; no significant legal, regulatory or compliance developments affecting the Company’s business; and no significant deterioration in general economic conditions. The actual financial results of WELL may vary from the amounts set out herein and such variation may be material. WELL and its management believe that the FOFI has been prepared on a reasonable basis, reflecting management’s best estimates and judgments. However, because this information is subjective and subject to numerous risks, it should not be relied on as necessarily indicative of future results. Except as required by applicable securities laws, WELL undertakes no obligation to update such FOFI. FOFI contained in this news release was made as of the date hereof and was provided for the purpose of providing further information about WELL’s anticipated future business operations on an annual basis. Readers are cautioned that the FOFI contained in this news release should not be used for purposes other than for which it is disclosed herein.

Neither the TSX, the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSX or TSXV, respectively) accepts responsibility for the adequacy or accuracy of this release.

Completion of the Transaction is subject to a number of conditions, including but not limited to, TSXV acceptance. Where applicable, the Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the filing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon.

For further information:
Pardeep Sangha
Vice President Investor Relations
[email protected]
604-628-7266

___________________________
1 The $10.00 issue price has been presented to reflect an approximate $1.03 subscription price (prior to the WELLSTAR Consolidation).