Rivian Automotive stock plunged 13% during early trading on Tuesday after the electric vehicle maker announced a public offering of 75 million shares of its Class A common stock.
The capital raise occurred during extended hours trading after Rivian shares rose 8.1% on Monday. The stock also increased 19% last week.
Based on Monday's close of $20.14 per share, Rivian would raise roughly $1.51 billion with the offering. Rivian said in a filing that it plans to use the proceeds to fund equity contributions as part of a loan agreement with the U.S. Department of Energy.
Rivian said in the public filing that it intended to grant underwriters an option for a period of 30 days to purchase up to an additional 11.25 million shares.
Rivian stock
The raise follows Rivian suspending plans for a 2027 profitability target due to an expected spike in research and development spending for autonomy and next-generation vehicle technologies.
It also comes as Rivian is launching its new R2 midsize SUV, which the company hopes will lead it to profitability toward the end of this decade.
Rivian also pre-released some second-quarter results in a separate public filing. The company estimated revenue to be between $1.55 billion and $1.65 billion during the second quarter, above average analyst estimates compiled by LSEG of $1.45 billion.
Its cash, cash equivalents and short-term investments balance was an estimated $5.3 billion, up from $4.8 billion to end the first quarter, according to the filing.
Rivian stock is doing well this month and beating its top rivals like Lucid and Tesla, helped by its strong vehicle delivery numbers. RIVN soared to $20.15 on Monday, its highest level since January 8. This rally may continue ahead of its earnings, which are coming out on July 30th.
The daily chart suggests that Rivian shares may have some more upside to go in the near term. It has already formed a golden cross pattern as the 50-day and 200-day moving averages crossed each other. Since then, the stock has remained above these two averages.
Most notably, the stock has formed an inverted head-and-shoulders pattern. It has already moved above the neckline at $18.17, confirming the bullish outlook. At the same time, the Relative Strength Index (RSI) has continued rising in the near term.
Therefore, the stock will likely continue rising in the near term as investors embrace the Fear of Missing Out (FOMO). If this works, the next important target to watch will be at $22.72.
This surge will not be linear. Instead, the stock may retreat and retest the support of $18.17. Such a move is known as a break-and-retest and is a common bullish continuation sign.
RIVN stock chart | Source: TradingView
The ongoing Rivian stock surge is happening at a time when demand for the vehicles is rising. In a recent statement, the company said that its deliveries rose to 12,194 in the second quarter.
It produced 12,613 vehicles, a trend that may continue once it completes building its plant in Georgia. Its existing plant can make 200k vehicles a year, while its upcoming one in Georgia will make 400k vehicles.
Rivian is benefiting from the rising demand for electric vehicles after gasoline prices jumped during the US-Iran conflict. Also, it is benefiting from the recently R2 vehicle, whose production has started to pile up. The company also aims to launch a cheaper R3 crossover and R3x vehicles to give customers access to a high-performance, lower-cost vehicle.
Most importantly, after years of selling its vehicles domestically, the company is seeking to grow its business in Europe, with estimates being that it will start doing so next year. This will not be an easy thing as Europe is already saturated with domestic vehicle manufacturers and those from China.
As a result, analysts believe that its growth will gain momentum in the coming years. The annual revenue is expected to jump by 30% this year to $7 billion, followed by a 65% jump next year to $11.6 billion. If this trend continues, it may get to $20 billion in annual revenue in the coming years.
The risk, however, is that the company continues to lose money in the coming years. In a recent statement, the management noted that it will not achieve an EBITDA profit next year.
As such, with the cash burn continuing, the company may dilute its shareholders soon. It has a long history of diluting its shareholders, with its total outstanding shares rising to 1.26 billion from 892 million in 2022.
Also, the stock is nearing the targets set by analysts. Needham has a target of $23, while Cowen, BNP Paribas, and Benchmark are targeting $20, $22, and $25.
READ MORE: Rivian stock forecast: Wyckoff theory points to long‑term rebound
Please note. Shortly after the publication of this story, Rivian announced that it was selling 75 million shares to boost its capital, confirming the risk we highlighted
Chip stocks are cooling off from Monday's rally, pressuring futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) lower. On the flip side, futures on the Dow Jones Industrial Average (DJI) are indicating a triple-digit open, looking to extend yesterday's impressive run. Earlier this morning, President Donald Trump arrived in Turkey for a NATO summit, as Ukraine-Russia tensions continue to ramp up. Reports of Iranian attacked on ships in the Strait of Hormuz are pushing crude prices higher as well, with West Texas Intermediate (WTI) just shy of $70/barrel.
Continue reading for more on today's market, including:
Slowing SPX momentum may favor bulls, per Senior V.P. of Research Todd Salamone. Where our 2026 Top Stock picks are sitting right now. Plus, energy stock lands bull note; EV giant selling off; and Micron slides with chips.
5 Things You Need to Know Today The Cboe Options Exchange saw roughly 2.6 million call contracts and 1.6 million put contracts traded on Monday. The single-session equity put/call ratio rose to 0.62, while the 21-day moving average remained at 0.58. Shares of First Solar Inc (NASDAQ:FSLR) are 3.6% higher before the opening bell, after landing an upgrade at Deutsche Bank to "buy" from "neutral." The brokerages cited trade policy shift as one of its catalysts for the move. FSLR will be looking to shave off some of its 10% year-to-date deficit. Rivian Automotive Inc (NASDAQ:RIVN) stock is down 11.4% ahead of the open, after the EV concern said its selling 75 million shares for a big capital raise, overshadowing a better-than-expected revenue and delivery outlook. This pullback will drag the equity back below its year-to-date breakeven mark. Micron Technology Inc (NASDAQ:MU) stock is off by 4.8% in electronic trading, suffering a notable drawdown alongside the entire chip sector. Over the past 12 months MU has added an impressive 705%, though should these early losses hold, the equity will continue its pullback from its June 25 record high of $1,255. All eyes are on tomorrow's Fed meeting minutes.
Asian Stocks Struggle as Tech Pulls Back Asian markets finished lower, with South Korea’s Kospi once more seeing the sharpest losses. The Kospi dropped 4.9%, activating a circuit breaker earlier in the session, as tech titans SK Hynix and Samsung Electronics sold off. Japan’s Nikkei lost 2.1%, the Shanghai Composite gave back 1.3%, while Hong Kong’s Hang Seng fell 0.5%.
Over in Europe, bourses are more mixed, though chip giants Be Semiconductor, ASML, and STMicro are all in the red. London’s FTSE 100 is up 0.4% at last look, while the French CAC 40 is up 0.1%. The German DAX is 0.7% lower.
Samsung Electronics' posted a record quarterly profit on Tuesday but this failed to reassure investors, with the sharp sell-off in the world's largest memory chipmaker expected to weigh on AI and technology stocks when Wall Street opens.
The South Korean technology giant announced its earnings guidance, with second-quarter operating profit of about 89.4 trillion won ($59bn/£48bn), comfortably ahead of analyst expectations of around 84.2 trillion won.
Revenue is expected to reach 171 trillion won, more than double the level of a year earlier.
The figures underline the extraordinary demand for artificial intelligence chips. Samsung's memory business has benefited from soaring prices as technology companies continue to spend heavily on AI infrastructure, with profit margins in memory estimated at around 80%.
Yet the market's verdict was brutal. Samsung shares fell more than 8% at one point, before ending down 6.9%, dragging sector peer SK Hynix lower and leaving the Korean Kospi down almost 5%.
The sell-off reflected a market that has become increasingly difficult to impress after a year of exceptional gains for AI-related stocks.
As Ipek Ozkardeskaya, senior analyst at Swissquote, put it: "Everybody agrees that a 19-fold profit increase is exceptional. But the stock price has risen more than sevenfold over the past year."
She said investors were increasingly focused on the market's unofficial "whisper numbers" rather than published analyst forecasts. "In richly valued markets, meeting expectations is no longer enough; companies increasingly have to beat the whisper number as well."
Kenny Polcari at Slatestone said the story isn’t that Samsung is broken, "it’s that expectations have become extraordinarily high. In a market priced to perfection, beating estimates is no longer enough – you have to continue to raise the bar and WOW them".
Kathleen Brooks at XTB said fundamentals for the chip sector "remain strong... but the bias towards profit taking is slowing momentum and triggering bouts of volatility".
The sharp reversal for one of the key global names in AI memory chips is likely to unsettle US technology stocks when trading begins later on Tuesday.
Nasdaq futures pointed to a loss of around 1%.
Attention is also turning to SK Hynix, Samsung's domestic rival, which is due to list on Nasdaq later this week in a listing with an associated fundraise to drum up about $28 billion.
Brooks said: "On the surface the US listing looks like it is designed to boost its valuation in line with larger US rivals like Micron. The question is what happens after this IPO, can SK Hynix sustain gains if enthusiasm for the AI trade starts to falter?"
Choosing between an established materials leader and an aggressive space explorer requires balancing steady aerospace demand against high-growth potential. Both Hexcel (HXL +2.00%) and Rocket Lab USA (RKLB 4.39%) offer unique exposure to flight technology.
Hexcel provides specialized materials that make aircraft lighter and more fuel-efficient, serving as a critical supplier to the global aviation supply chain. Rocket Lab focuses on frequent satellite launches and space systems, aiming to become a vertically integrated provider of space infrastructure for government and commercial clients.
The case for HexcelAmong industrial stocks, Hexcel is a primary provider of carbon fiber reinforcements and composite structures used in commercial and defense aircraft. Major customers include Airbus and The Boeing Company, which accounted for roughly 39% and 13% of net sales in 2025 respectively. Customer concentration like this adds a layer of risk to the business, though it is balanced by partnerships with Lockheed Martin and General Electric.
In FY 2025, revenue reached nearly $1.9 billion, representing a slight decrease of roughly 0.5% compared to the prior year. The company reported net income of approximately $109.4 million for the period, resulting in a net margin of close to 5.8%. This performance followed a similar revenue result in 2024, showing how the company is managing its output during a period of shifting aircraft production rates.
As of its December 2025 balance sheet, the company maintained a debt-to-equity ratio of nearly 0.8x, which measures total debt against shareholder equity. The current ratio, a measure of a company's ability to pay its short-term debts with short-term assets, stood at approximately 2.3x. Hexcel also generated roughly $307.2 million in free cash flow, representing the cash remaining after paying for capital expenditures.
The case for Rocket Lab USARocket Lab designs and manufactures the Electron orbital launch vehicle while concurrently developing the larger Neutron rocket to compete in the medium-lift market. Its business serves government agencies like NASA along with commercial firms such as BlackSky Technology and Planet Labs PBC. The company is also in the process of acquiring Iridium Communications for approximately $8 billion to integrate satellite constellations and subscription revenue into its platform.
During FY 2025, revenue reached nearly $601.8 million, showing a strong growth rate of roughly 38.0% year over year. Despite the top-line expansion, the company reported a net loss of approximately $198.2 million, translating to a negative net margin of nearly 32.9%. This loss is largely due to the high costs associated with developing new launch technologies and scaling its space systems division.
Based on the December 2025 balance sheet, the company reported a debt-to-equity ratio of approximately 0.1x. Its current ratio reached nearly 4.1x, indicating a high level of liquidity available to meet immediate financial obligations. However, the company reported negative free cash flow of approximately $321.8 million for the year, as it continues to invest heavily in its flight hardware and infrastructure.
Risk profile comparisonHexcel faces risks stemming from the cyclical nature of the commercial aerospace industry and potential production delays at its largest customers. Significant revenue depends on the production rates of Airbus and Boeing, meaning any operational or supply chain disruptions at those firms directly impact Hexcel. Additionally, the company must manage its reliance on limited sources for raw materials while maintaining its focus on core carbon fiber operations after recent facility closures.
Rocket Lab carries risks related to its massive $8 billion acquisition of Iridium Communications, which could create challenges for operational integration and corporate leverage. The company has a history of net losses and must successfully develop the Neutron launch vehicle to achieve long-term profitability. Furthermore, the business is subject to inherent aerospace hazards like launch failures and relies heavily on funding cycles from the U.S. government for its ongoing contracts.
Valuation comparisonHexcel offers a traditional valuation based on its current profitability, while Rocket Lab does not currently have a defined forward P/E ratio because the company is not yet expected to be profitable over the next 12 months
MetricHexcelRocket Lab USASector BenchmarkForward P/E43.2xN/A246.5xP/S ratio4.0x96.6xSector benchmark uses the SPDR XLI sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
I'd go with Rocket Lab. Hexcel is a well-run, profitable business with a durable position inside the aerospace supply chain. Its composite materials are baked into aircraft like the Boeing 787 and Airbus A350, and switching suppliers is essentially unthinkable once a plane is certified. That stickiness is valuable. But Hexcel's growth is tied closely to Boeing and Airbus production rates, which creates a ceiling on how fast the business can move.
Rocket Lab is operating on a different trajectory entirely. Revenue grew more than 60% last year and the company just posted its first $200 million quarter. Its backlog has climbed past $2 billion dollars. It signed more launch contracts in one quarter than it did in all of the prior year. And the Neutron rocket program adds another potential growth engine that Hexcel simply has no equivalent of.
Rocket Lab is still unprofitable and the stock is volatile. But for a long-term investor comfortable with some turbulence, the growth opportunity here is in a different league than what Hexcel can offer.
FREMONT, Calif., July 07, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, announced today that it will host a conference call and webcast on Tuesday, July 28, 2026 at 4:30 p.m. Eastern Time to discuss its second quarter 2026 financial results for the period ended June 30, 2026. The live webcast can be accessed on the Enphase Energy Investor Relations website at investor.enphase.com, and a recorded version of the call will also be available there approximately one hour after the call.
What:Enphase Energy’s Second Quarter 2026 Financial Results Earnings Conference Call and Webcast Date:Tuesday, July 28, 2026 Time: 4:30 p.m. Eastern Time Live Call:833.634.5018 International: +1.412.902.4214 Replay:United States/Canada: 855.669.9658
International: +1.412.317.0088
Replay access code: 8131398 About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems, EV chargers, home energy management systems, and virtual power plant (VPP) solutions. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. The company revolutionized the solar industry with its microinverter-based technology and has shipped approximately 87.8 million microinverters, with more than 5.2 million Enphase-based systems deployed in over 165 countries. For more information, visit https://enphase.com/.
Selected as one of eight Taiwan media organizations participating in the 2026 cohort of the Financial Times ("FT") Strategies AI Lab, supported by the Google News Initiative ("GNI")The program supports participating organizations in exploring how AI can enhance newsroom workflows, audience engagement, content discoverability, and operational efficiencyTNL Mediagene's participation engages its Taiwan media brands, including The News Lens and Business Insider TaiwanParticipation reflects the Company's broader strategy for FY2026 to advance AI-enabled products, data-informed content strategies, and technology-supported media operationsTokyo, Japan--(Newsfile Corp. - July 7, 2026) - TNL Mediagene (NASDAQ: TNMG) (the "Company"), a technology and digital media company providing AI-driven advertising, marketing technology, content commerce and data analytics solutions, and operating multi-language digital media brands across Asia, today announced that it has been selected as one of eight Taiwan media organizations participating in the 2026 cohort of the Financial Times ("FT") Strategies AI Lab, supported by the Google News Initiative ("GNI").
The multi-month program supports participating media organizations in exploring how AI technologies can enhance newsroom workflows, audience engagement, content discoverability, and operational efficiency as the industry adapts to rapid changes driven by AI technologies. It also emphasizes responsible AI experimentation, governance, and long-term organizational development.
The 2026 Taiwan cohort comprises eight media organizations spanning print, magazine, wire service, and digital-native sectors. TNL Mediagene's participation engages its Taiwan media brands, including The News Lens and Business Insider Taiwan.
Participation aligns with the Company's broader strategic direction for FY2026, which is focused on advancing AI-enabled products, data-informed audience and content strategies, marketing technology solutions, and technology-supported media operations alongside its digital studio and content commerce businesses. Since FY2025, the Company has continued to incorporate AI across its operations while expanding internal experimentation and AI-assisted product development.
"Generative AI is reshaping how audiences discover, consume, and interact with digital content and information. We believe ongoing experimentation, operational learning, and responsible AI integration are increasingly important to the future of digital media. Through this program, we aim to evaluate how AI-enabled workflows, audience engagement, and operational efficiency can support the long-term development of our media and technology businesses," said Mario Yang, Co-Founder & Taiwan Chief Content Officer of TNL Mediagene.
The program is currently in its exploration and experimentation phase. The Company may provide further updates regarding relevant developments, or future initiatives where appropriate.
About TNL Mediagene
Headquartered in Tokyo, TNL Mediagene (NASDAQ: TNMG) is a technology company providing AI-powered advertising, marketing technology, content commerce, and data analytics solutions to brands and agencies across Asia. Formed in May 2023 through the merger of Japan's Mediagene Inc. and Taiwan's The News Lens Co., Ltd., the Company combines advertising and marketing technology platforms with a portfolio of established digital media brands to deliver integrated solutions for the evolving digital landscape.
The Company's technology offerings include AI-driven advertising, marketing and digital studio services, content commerce, and advanced data analytics capabilities. These solutions are supported by the Company's well-established multi-language digital media brands in Japanese, Chinese, and English, spanning business, technology, lifestyle, and culture, which provide audience engagement and first-party data.
Known for its appeal to younger audiences, and high-quality content, TNL Mediagene has approximately 480 employees with offices in Japan and Taiwan.
https://www.tnlmediagene.com/
About 2026 GNI Taiwan AI Lab
The 2026 GNI Taiwan AI Lab is a three-month hands-on program designed to support news organizations seeking to accelerate their AI learning journey and begin actively exploring practical AI application opportunities. The program combines the Financial Times' (FT) deep understanding of the news industry with Google's expertise in technology to help participating organizations advance AI experimentation and implementation.
The 2026 Taiwan AI Lab will invite eight news organizations to participate. Throughout the program, participating organizations will gradually develop a forward-looking and responsible vision for AI adoption, while exploring how AI can be applied within their organizations through practical experiments and testing. Participating news organizations are expected to have an established digital audience base, ideally with at least 500,000 monthly unique visitors. In addition, organizations should possess a certain level of talent and technical capabilities to leverage data and technology tools, conduct meaningful AI application experiments, and evaluate their impact on business performance and operations.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to TNL Mediagene. Forward-looking statements generally relate to future events or TNL Mediagene's future financial or operating performance. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "target," "aim," "seek" or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements in this communication include, but are not limited to, statements about TNL Mediagene's future business plan and growth strategies and statements by TNL Mediagene's management. Any statements that refer to expectations, projections or other characterizations of future events or circumstances, including strategies or plans, are also forward-looking statements. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for TNL Mediagene to predict these events or how they may affect TNL Mediagene. In addition, risks and uncertainties are described in TNL Mediagene's filings with the Securities and Exchange Commission, including the risks and uncertainties set forth under the heading "Risk Factors" in TNL Mediagene's Annual Report on Form 20-F filed on April 30, 2026, as may be supplemented or amended by the TNL Mediagene's Reports of a Foreign Private Issuer on Form 6-K. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. TNL Mediagene cannot assure you that the forward-looking statements in this communication will prove to be accurate. There may be additional risks that TNL Mediagene presently does not know or that TNL Mediagene currently does not believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by TNL Mediagene, its directors, officers or employees or any other person. Except as required by applicable law, TNL Mediagene does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date of this communication. You should, therefore, not rely on these forward-looking statements as representing the views of TNL Mediagene as of any date subsequent to the date of this communication.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304219
Source: TNL Mediagene
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On July 07, 2026, we present a DCF analysis for Waste Management Inc (WM), a company that has shown a modest price performance with a 1-week increase of 2.5%, a
JPMorgan Chase (NYSE:JPM | JPM Price Prediction) spent the past decade transforming from a diversified megabank into the undisputed heavyweight of American finance.
Transformative transaction intended to maximize stockholder valueRepositions the Company to pursue a new strategic direction in the national security sector Strengthens the Company’s ability to deploy capital toward growth initiatives NEW YORK, July 07, 2026 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL) (“XWELL” or the “Company”), a provider of wellness and biosecurity solutions, and Face Haus, LLC (“Face Haus”), a leading skincare service and product business, today announced that the Company has entered into a definitive agreement with an affiliate of Face Haus, Express Wellness Group, LLC, under which XWELL will divest its XpresSpa Holdings, LLC and XpresTest, Inc. businesses for $13 million, subject to certain closing adjustments.
The divestiture is intended to maximize value for XWELL’s stockholders and help facilitate a transformative strategic restructuring of XWELL. As the Company seeks to pursue a new direction in the national security sector, proceeds from the divestiture are expected to strengthen the Company’s ability to deploy capital toward growth initiatives and support the Company’s long-term success.
XWELL’s health and wellness operations at retail locations outside of airports are not included in the divestiture. In conjunction with the transaction, XWELL will continue its efforts to streamline operations, reduce operating expenses, and allocate capital toward initiatives aligned with its evolving business strategy.
Bruce Bernstein, Chairman of the Board of the Company, stated, “This transaction represents an important milestone in the Company’s strategic evolution. By simplifying our portfolio and strengthening our balance sheet, we believe XWELL will be better positioned to pivot and pursue opportunities in the national security sector while maintaining financial discipline and creating long-term value for our stockholders.”
The transaction, which is expected to close later in 2026, is subject to XWELL stockholder approval and the satisfaction of other closing conditions.
About XWELL, Inc.
XWELL, Inc. (Nasdaq: XWEL) is a global wellness company on a mission to liberate science-proven wellness for all. Through a portfolio of brands that include XpresSpa®, Naples Wax Center®, and XpresCheck®, XWELL delivers accessible, real-world wellness across travel, retail, and clinical settings. For more information on XWELL’s offerings, visit www.XWELL.com.
About Face Haus
Face Haus is a leading and innovative skincare service company that operates retail locations in Texas and California and provides wellness offerings in several airport lounges across the U.S. The company also distributes and sells a full assortment of high quality skincare products under the Face Haus brand. For more information on Face Haus, visit www.thefacehaus.com.
Participants in the Solicitation
The Company and its directors and executive officers, and other members of management and employees, may be deemed to be participants in the solicitation of proxies from the Company’s stockholders in connection with the proposed transaction. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation, and a description of their direct and indirect interests, by security holdings or otherwise, will be set forth in the proxy statement and other relevant materials to be filed with the SEC when they become available.
Additional Information and Where to Find It
This communication is being made in connection with the proposed transaction. In connection with the proposed transaction, the Company intends to file relevant materials with the Securities and Exchange Commission (the “SEC”), including a proxy statement. This communication is not a substitute for the proxy statement or any other document that the Company may file with the SEC. STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT AND ALL OTHER RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Stockholders will be able to obtain the proxy statement and other documents (when available) free of charge at the SEC’s website, www.sec.gov, or free of charge from the Company at www.XWELL.com.
Forward-Looking Statements
This press release may contain “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These include statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” or the negative of such terms, or other comparable terminology. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: (i) the receipt of third-party approvals and the satisfaction of other closing conditions in the anticipated timeframe or at all, including the possibility that the proposed transaction does not close; (ii) risks related to the ability to realize the anticipated strategic, financial or other benefits of the proposed transaction, including the possibility that unforeseen liabilities, future capital expenditures, revenues, expenses, earnings, synergies, economic performance, indebtedness, financial condition, losses, future prospects, business and management strategies could impact the value, timing or advisability of the proposed transaction; and (iii) impacts to business operations of the separation of business lines in scope for the divestiture. Forward-looking statements relating to expectations about future results or events are based upon information available to XWELL as of the date of this press release, and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. Additional information concerning these and other risks is contained in the Company’s Annual Report on Form 10-K, as amended, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and other Securities and Exchange Commission filings. All subsequent written and oral forward-looking statements concerning XWELL, or other matters and attributable to XWELL or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. XWELL does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof.
Years of peer-reviewed safety research position cbdMD's broad spectrum CBD for a new era of evidence-based, clinically supported wellness.
, /PRNewswire/ -- cbdMD, Inc. (NYSE American: YCBD), one of the nation's most recognized and trusted hemp-derived wellness companies, today announced the completion of a self-affirmed Generally Recognized as Safe (GRAS) determination supporting the safe consumption of up to 200 mg per day of cannabidiol (CBD), as delivered in the Company's proprietary broad spectrum hemp extract, in healthy adults, addressing one of the most common questions in the category of how much CBD is safe to consume per day.
The self-affirmed GRAS determination represents the culmination of years of scientific investment by cbdMD to establish a comprehensive body of evidence supporting the safety of its broad spectrum CBD products. Over the past several years, the Company has worked to develop a substantial dossier of safety data, including studies conducted in rodents, healthy human volunteers, and canines, designed to characterize the safety profile of its broad spectrum CBD formulations. This research has been published in the peer-reviewed scientific literature, spanning toxicology, genotoxicity, human tolerability, and companion-animal studies, a depth of published evidence that distinguishes cbdMD within the hemp-derived CBD category.
This extensive body of evidence was assembled through a rigorous scientific program that evaluated multiple aspects of safety across relevant preclinical and clinical models. The resulting safety dossier forms the foundation of the Company's self-affirmed GRAS conclusion, which supports the intended use of cbdMD's broad spectrum CBD products at a daily intake of up to 200 mg for healthy adults. The determination was made by an independent panel of expert toxicologists following a review of the available scientific literature on the safety of cannabidiol.
"The completion of our self-affirmed GRAS determination for the CBD contained in our proprietary broad spectrum blend marks a significant scientific and regulatory milestone for cbdMD," said Ronan Kennedy, CEO of cbdMD. "We have invested for years in building a robust portfolio of safety data because we believe consumers, healthcare professionals, and industry stakeholders deserve products supported by high-quality science. This achievement reflects our longstanding commitment to product quality, transparency, and scientific rigor."
The determination lands at a pivotal moment for the category. In 2026, the Centers for Medicare & Medicaid Services (CMS) launched the Substance Access Beneficiary Engagement Incentive, a first-of-its-kind initiative under which participating care organizations may offer eligible patients physician-guided access to non-intoxicating, third-party-tested hemp-derived CBD, and the U.S. Food and Drug Administration signaled enforcement discretion for orally administered CBD products meeting dietary-supplement standards in that context. As policymakers move to bring evidence-based CBD into mainstream care, cbdMD's published safety science reflects the standards this new era demands.
The safety substantiation also supports cbdMD's ability to develop and position products across a range of formats and use occasions, from daily wellness to targeted active-lifestyle and recovery applications, and to serve both direct-to-consumer and healthcare-oriented channels. By establishing a science-backed daily intake ceiling, the determination gives clinicians, retail partners, and consumers a clear reference point for confident, consistent use across the Company's broad spectrum product line.
The Company believes this milestone further demonstrates its leadership in advancing science-based standards for hemp-derived wellness products and reinforces its commitment to supporting consumer confidence through rigorous research and responsible product development.
cbdMD's Published Safety Research
cbdMD's contributions to the peer-reviewed scientific literature on cannabinoid safety span several study types and species. They include subchronic oral toxicity and genotoxicity assessments of the Company's cannabis extract (Tallon et al., 2023, Regulatory Toxicology and Pharmacology); and Tallon et al., 2025, Pharmaceutical Biology); pharmacokinetic and tissue-accumulation research (Child & Tallon, 2022, Nutrients); a double-blind, randomized controlled trial of tolerability in healthy adults (Mastrofini et al., 2024, Journal of the International Society of Sports Nutrition); and a double-blind, placebo-controlled study in dogs (Talsma et al., 2024, Frontiers in Veterinary Science). These studies were sponsored by cbdMD, Inc. and were conducted in collaboration with independent research organizations, academic investigators, and accredited laboratories.
About cbdMD, Inc.
cbdMD, Inc. (NYSE American: YCBD) is a leading wellness company offering a comprehensive line of U.S.-produced, hemp-derived cannabinoid products, including CBD, CBG, CBN, and more. Its brands include cbdMD, one of the most trusted and recognized CBD brands in the United States; Bluebird Botanicals; Paw CBD, one of the most recognized CBD brands for pets; ATRx Labs functional mushroom supplements; and Oasis, a hemp-derived THC social beverage line. The Company is committed to quality, innovation, science, and transparency, with products distributed both online and through retail partners across the United States. To learn more, please visit www.cbdmd.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Words such as "expect," "will," "believe," "designed to," "anticipate," and similar expressions are intended to identify forward-looking statements, including statements regarding the product's attributes and regulatory compliance and CBD safety and efficacy determinations. Forward-looking statements are based on management's current expectations and assumptions and are subject to known and unknown risks and uncertainties, including evolving federal and state regulation of hemp-derived THC products, that could cause actual results to differ materially, including those described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement except as required by law.
Contacts
cbdMD, Inc.
Ronan Kennedy
Chief Executive Officer and Chief Financial Officer
[email protected]
(704) 445-3064
SummaryLumentum (LITE) is evolving from a component supplier to a full system provider, moving up the optical stack and expanding its value proposition.I rate LITE a buy with 15-20% upside, targeting an implied price of $845.66 based on premium industry positioning and margin expansion.LITE's sales CAGR (83.8% vs 23.1% peers, '25-'27) and margin growth support its premium valuation, solidifying its role in datacenter infrastructure.Key risks include heavy revenue concentration with NVIDIA and Apple, making LITE vulnerable to shifts in customer roadmaps or architectures. JHVEPhoto/iStock Editorial via Getty Images
Thesis There is a lot of focus on EMLs and laser share when it comes to Lumentum, which is warranted given the company's specialization. But most of this commentary is missing one key fact, and that is
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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.
FREMONT, CA / ACCESS Newswire / July 7, 2026 / Aehr Test Systems (NASDAQ:AEHR), a leading provider of test and burn-in solutions for semiconductor devices used in artificial intelligence (AI), silicon photonics, data center, automotive, and industrial applications,today announced that it will report financial results for its fiscal 2026 fourth quarter and full year ended May 29, 2026 on Tuesday, July 14, 2026 following the close of the market. The Company will host a conference call and webcast at 5:00 p.m. Eastern time to discuss the results.
What:
Aehr Test Systems fiscal 2026 fourth quarter and full year financial results.
When:
Tuesday, July 14, at 5:00 p.m. Eastern Time (2:00 p.m. PT).
Dial in Number:
To access the live call, dial +1 888-506-0062 (US and Canada) or +1 973-528-0011 (International) and give the participant passcode 222496.
Webcast:
To access the live webcast, please visit the investor relations section at www.aehr.com.
Call Replay:
A phone replay of the call will be available approximately two hours following the end of the live call and will remain available for one week. To access the call replay, dial +1 877-481-4010 (US and Canada) or +1 919-882-2331 (International) and enter replay passcode 54119.
About Aehr Test Systems
Headquartered in Fremont, California, Aehr Test Systems is a leading provider of test solutions for testing, burning-in, and stabilizing semiconductor devices in wafer-level, singulated die, and package-level form, and has installed thousands of systems worldwide. Increasing quality, reliability, safety, and security needs of semiconductors used across multiple applications, including electric vehicles, electric vehicle charging infrastructure, solar and wind power, computing, advanced artificial intelligence (AI) processors, data and telecommunications infrastructure, and solid-state memory and storage, are driving additional test requirements, incremental capacity needs, and new opportunities for Aehr's products and solutions. Aehr has developed and introduced several innovative products including the FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX WaferPak Contactor, FOX DiePak® Carrier and FOX DiePak Loader. The FOX-XP and FOX-NP systems are full-wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize a wide range of devices such as leading-edge silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets, and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices. The FOX-CP system is a low-cost single-wafer compact test solution for logic, memory and photonic devices and the newest addition to the FOX-P product family. The FOX WaferPak Contactor contains a unique full-wafer contactor capable of testing wafers up to 300mm that enables IC manufacturers to perform test, burn-in, and stabilization of full wafers on the FOX-P systems. The FOX DiePak Carrier allows testing, burning in, and stabilization of singulated bare die and modules up to 1024 devices in parallel per DiePak on the FOX-NP and FOX-XP systems up to nine DiePaks at a time. Acquired through its acquisition of Incal Technology, Inc., Aehr's new line of high-power package-level reliability/burn-in test solutions for AI semiconductor manufacturers, including its ultra-high-power Sonoma family of test solutions for AI accelerators, GPUs, and high-performance computing (HPC) processors, position Aehr within the rapidly growing AI market as a turnkey provider of reliability and testing that span from engineering to high volume production. For more information, please visit Aehr Test Systems' website at www.aehr.com.
Investors choosing between iShares Morningstar Small Cap Value ETF (ISCV 0.01%) and iShares Russell 2000 Value ETF (IWN +0.18%) must weigh the former's significantly lower expense ratio against the latter's massive liquidity and higher recent total returns.
Both ISCV and IWN serve as tools for investors seeking exposure to undervalued small-cap companies. While they share a similar mission, they use different indexing strategies and sampling techniques to capture the performance of the smaller-company value segment, resulting in distinct risk and reward profiles.
Snapshot (cost & size)MetricIWNISCVIssueriSharesiSharesShare price (as of July 2, 2026)$221.33$78.79Expense ratio0.24%0.06%1-yr return (as of July 2, 2026)37.4%26.3%Dividend yield1.4%1.9%Beta1.010.98AUM$14.4 billion$685.2 millionBeta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
ISCV is the more affordable option with an expense ratio of 0.06%, compared to 0.24% for the Russell-based fund. Additionally, the iShares Morningstar ETF provides a higher trailing-12-month dividend yield of 1.9% versus 1.4% for its counterpart.
Performance & risk comparisonMetricIWNISCVMax drawdown (5 yr)(26.7%)(25.3%)Growth of $1,000 over 5 years (total return)$1,472$1,493What's insideISCV targets companies within the Morningstar US Small Cap Broad Value Extended Index. Its sector allocation focuses on financial services at 23%, consumer cyclical at 15%, and industrials at 12%. The fund's largest positions include Host Hotels & Resorts REIT (HST 0.58%) at 0.51%, Best Buy (BBY +0.01%) at 0.49%, and Jazz Pharmaceuticals (JAZZ +0.29%) at 0.49%. ISCV holds 1,052 stocks and was launched in 2004. It has paid $1.45 per share over the trailing 12 months.
IWN seeks to replicate the Russell 2000 Value Index, which includes companies with lower price-to-book ratios and lower forecast growth values. Its portfolio tilts toward financial services at 24%, industrials at 12%, and technology at 12%. Its largest positions include Viasat (VSAT +0.89%) at 0.68%, Cytokinetics (CYTK 0.88%) at 0.66%, and Umb Financial (UMBF +0.42%) at 0.63%. IWN holds 1,406 stocks and was launched in 2000. It has paid $3.19 per share over the trailing 12 months.
For more guidance on ETF investing, check out the full guide at this link.
What this means for investorsIWN and ISCV have pretty comparable five-year returns. IWN has a higher expense ratio, but it's nothing outrageous. Both are well-diversified, with over a thousand stocks each, and the weightings are spread so that no single position accounts for more than 1% of either portfolio.
One area of contrast is their size. IWN has more than $14 billion in assets under management, while ISCV doesn't even crack the billion-dollar level. This size differential has knock-on effects. For example, IWN has far higher average trading volume than the Morningstar ETF. Some investors may therefore prefer IWN for its higher liquidity, even though it has a lower dividend yield.
As previously announced in the Company's press releases dated February 20 and May 7, 2026, the primary objectives of the expansion drilling program are to:
Expand and upgrade the 85.17 million tonnes of Indicated Resources and 945.43 million tonnes of Inferred Resources in the Updated MRE.Conduct targeted step-out drilling with 50m spacing within the higher-grade core area of the potential starter pit, aiming to further expand the Indicated Resource.Test the potential down-dip and strike length of known higher-grade Silver-Tin (Ag-Sn)-polymetallic shoots, which remain open laterally and at depth.Follow up on the successful 2024-2025 step-out drilling program that extended the mineralized envelope down-dip and along approximately 1.4 kilometres of strike length to both the east and west.Complete a 40,000m diamond drilling program comprising approximately 75 holes, to be executed by Major Drilling Group International Inc. using three drill rigs. The program is expected to be completed during the first quarter of 2027.Toronto, Ontario--(Newsfile Corp. - July 7, 2026) - Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) ("Eloro" or the "Company") is pleased to announce the commencement of its expansion diamond drilling program focused on upgrading and expanding higher grade Silver-Tin (Ag-Sn)-Polymetallic mineralization at its Iska Iska Project in Southern Bolivia. Major Drilling Group International Inc. has mobilized and established two diamond drill rigs on site, with a third rig expected to be added within the next couple of months.
The drilling campaign comprises 40,000m of diamond drilling in approximately 75 holes and follows the Company's recent definition drilling program which intersected mineralization over a strike length of approximately 1.4 kilometres. The initial phase will consist of 35 holes totalling 18,250m, followed by a second phase of approximately 40 holes totalling 21,750m.
Tom Larsen, CEO of Eloro, commented: "We are pleased to commence this important expansion drilling program, which represents another significant milestone in advancing the Iska Iska Project. Following the successful resolution of the recent road blockades through agreements reached between the Bolivian government and labour unions, transportation routes have reopened, allowing the uninterrupted delivery of essential supplies, including diesel fuel, enabling us to proceed with our planned exploration activities."
Mr. Larsen added: "With these logistical challenges now behind us, we are focused on aiming to expand and upgrade the Indicated Resource, which we expect will provide further support for the planned PEA."
Figure 1: Major's drill rig commencing expansion drilling on site at the Iska Iska Silver-Tin-Polymetallic deposit.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1539/304212_eloroimg1.jpg
Figure 2: Location of the main planned drill holes at Iska Iska compared to the Ag-dominant domain.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1539/304212_c77aa99524bc9aac_029full.jpg
Bolivia Pursuing Economic Reactivation Following Recent Political Disruptions
Bolivia is entering a new phase of economic reactivation, driven by measures aimed at promoting investment, restoring economic growth, and bolstering private sector participation. In recent months, the government has implemented initiatives designed to create a more favorable environment for investment, with a particular focus on sectors such as mining and energy. International financial institutions, including the International Monetary Fund (IMF), Inter-American Development Bank (IDB) and the Development Bank of Latin America and the Caribbean (CAF) have also expressed support for Bolivia's economic stabilization and recovery efforts through programs designed to promote sustainable growth and private investment. Against this backdrop, Bolivia is seeking to foster a more attractive investment climate, creating opportunities for the advancement of new projects and the development of long-term partnerships with domestic and international investors.
Dr. Osvaldo Arce, P.Geo. Executive Vice President, Latin America for Eloro and General Manager of Eloro's Bolivian subsidiary, Minera Tupiza S.R.L, and a Qualified Person ("QP") as defined by National Instrument ("NI") 43-101 has reviewed and approved the technical content of this news release. Dr. Arce who has more than 35 years of mineral exploration and extensive mining expertise across several countries in North and South America manages the overall technical program and supervises all field work conducted at Iska Iska.
Eloro utilized both ALS and AHK for drill core analyses, both of whom are major international accredited laboratories. Drill samples sent to ALS were prepared in both ALS Bolivia Ltda's preparation facility in Oruro, Bolivia and the preparation facility operated by AHK in Tupiza with pulps sent to the main ALS Global laboratory in Lima for analysis. Drill core samples sent to AHK Laboratories are also prepared by AHK in Tupiza with pulps sent to the AHK laboratory in Lima, Peru.
Silver (Ag), zinc (Zn) and lead (Pb) are analyzed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) using a four-acid digestion; Sn is analyzed by X-Ray Fluorescence (XRF) and Au is analyzed by fire assay on 50g pulps with an Atomic Absorption Spectroscopy (AAS) finish. AAS measures absorbed light to quantify elements, while ICP, such as ICP-OES or ICP-MS, measure emitted light or ions to determine elements. XRF uses fluorescent X-rays to excite atoms and to emit X-rays that reveal the presence and concentration of tin. Sample size in ICP typically ranges from 100 mg (0.1 g) to 1 g, for AAS, is usually less than 100 mg (0.1 g) and for XRF is ideally below 75 µm.
Check samples between ALS and AHK are regularly done as a QA/QC check. AHK is following the same analytical protocols used as with ALS and with the same QA/QC protocols except for Sn for which a sodium peroxide fusion is used at AHK following by ICP. Check comparisons of Sn results from ALS and ALS indicate no statistically significant difference between results using the two different analytical techniques.
Eloro employs an industry standard QA/QC program with standards, blanks and duplicates inserted into each batch of samples analyzed at both laboratories with selected check samples sent to a separate accredited laboratory. Check results are regularly monitored.
About Iska Iska
The Iska Iska silver-tin polymetallic project is a road accessible, royalty-free property, located 48 km north of Tupiza city, in the Sud Chichas Province of the Department of Potosi in southern Bolivia. Eloro, through its Bolivian subsidiary, Minera Tupiza SRL, has a 99% joint venture interest and a 100% economic participation interest in Iska Iska.
Iska Iska is a major silver-tin polymetallic porphyry-epithermal complex associated with a Miocene collapsed/resurgent caldera, emplaced on Ordovician age rocks with major breccia pipes, dacitic domes and hydrothermal breccias. The caldera is 1.6 km by 1.8 km in dimension with a vertical extent of at least 1km. Mineralization age is similar to Cerro Rico de Potosí and other major deposits such as San Vicente, Chorolque, Tasna and Tatasi, all located along the same overall geological trend.
Eloro began underground diamond drilling from the Huayra Kasa underground workings at Iska Iska on September 13, 2020. On January 26, 2021, Eloro announced significant results from the first drilling at the Santa Barbara Breccia Pipe (SBBP) including the discovery hole DHK-15 which returned 29.53g Ag/t, 0.078g Au/t, 1.45%Zn, 0.59%Pb, 0.080%Cu and 0.056%Sn over 257.5m, from surface. Subsequent drilling has confirmed the presence of significant values of Ag-Sn polymetallic mineralization in the SBBP and the adjacent Central Breccia Pipe (CBP). A substantive mineralized envelope which is open along strike and down-dip extends around both major breccia pipes. Continuous channel sampling along the walls of the Santa Barbara Adit located to the east of SBBP returned average grades of 164.96 g Ag/t, 0.46%Sn, 3.46% Pb and 0.14% Cu over 166m including 446 g Ag/t, 9.03% Pb and 1.16% Sn over 56.19m. The west end of the adit intersects the end of the SBBP.
Since the initial discovery hole Eloro has released a number of significant drill results in the SBBP and the surrounding mineralized envelope which, along with geophysical data, has defined an extensive target zone. On October 17, 2023, Eloro filed the NI 43-101 Technical Report outlining the initial inferred MRE for Iska Iska, prepared by independent consultants Micon International Limited. The MRE was reported in two domains, the Polymetallic (Ag-Zn-Pb) Domain which is primarily in the east and south of the Santa Barbara deposit and the Tin (Sn-Ag-Pb) Domain which is primarily in the west and north.
Metallurgical tests reported on January 23, 2024, from a 6.3 tonne PQ drill core bulk sample representative of the higher grade Polymetallic (Ag-Zn-Pb) Domain returned a significantly higher average silver value of 91 g Ag/t compared to the weighted average grade of the original twinned holes at 31 g Ag/t strongly suggesting that the average silver grade was likely significantly underreported in the original twinned holes due to the much smaller sample size.
The Company reported on July 30, 2024, that updated modelling of the potential starter pit area at Santa Barbara zone highlights the importance of completing additional drilling to better define the grade and extent of the mineral resource in this area. Areas with higher-grade resource typically have much better drilling density but holes outside the core potential pit area are too widely spaced to give an accurate estimate of grade.
On September 4, 2024, the Company announced the restart of definition drilling in the potential starter pit area at Santa Barbara. It was highly focused on infill and step-out drill program in order to better define the full vertical and lateral extent of high-grade Sn and Ag mineralization, expanding higher-grade Sn mineralization to the west and the silver to the central and west parts. Also, to fill-in gaps that were formerly categorized as low-grade or internal waste in the mineral resource model and to drill in a closer-spacing 50m x 50m grid. Previous drilling has shown that areas with high-grade mineralization typically have much better drilling density, whereas holes outside the core area are too widely spaced to give an accurate grade estimate. This increased drilling density is particularly important for defining the extent of the high-grade Ag-bearing and Sn-bearing structures, and for categorizing the mineral resources from inferred to indicated, which have a major influence on overall grade and resources that will contribute to the PEA.
Since September 4, 2024, the Company has completed 27 drill holes totalling 14,085.80 metres of definition drilling in 2 distinct phases of diamond drilling in the potential starter pit area of the Santa Barbara Zone. This drilling has continued to intersect strong, broad zones and high-grade mineralization with good continuity in both the predominant Sn-Ag domain to the west (15 drill holes) and in the predominant Ag-Zn-Polymetallic domain to the east (12 drill holes). Both zones remain open along and across strike as well as downdip.
The intercepts of 151.47 g Ag/t over 135m found in hole DSB-75; 66.90g Ag/t over 289.13m in hole DSB-68; 126.10g Ag/t over 122.03m, 127.49g Ag/t over 41.25m and 49.71g Ag/t over 142.50m found in hole DSB-69; and 45.71g Ag/t over 81.00m and 30.08g Ag/t over 255.75m found in hole DSB-70 confirm the presence of continued silver pockets grading over 50 g Ag/t. Moreover, tin enriched pockets such as 1.39% Sn over 33m, 0.74% Sn over 87m found in hole DSB-72 and 0.55% Sn over 49.5m, 0.34% Sn over 91.5m, 0.31% Sn over 103.5m in hole DSB-74 demonstrate the existence of consistent high grade tin pockets at the Santa Barbara zone. And finally, the presence of intercepts such as 1.41% Zn over 151.50m in hole DSB-91, 1.77% Zn over 238.50m and 1.72% Zn over 456m found in hole DSB-88 reveal continuous Zn (and Pb) ore shoots in the property. These results have further expanded, at least 200m laterally, the higher-grade tin and silver and polymetallic (Ag-Sn-Zn-Pb) mineralization and the footprint of this large multi-phase hydrothermal system at Iska Iska.
About Eloro Resources Ltd.
Eloro is an exploration and mine development company with a portfolio of precious and base-metal properties in Bolivia, Peru and Quebec. Eloro, through its Bolivian subsidiary, Minera Tupiza SRL, has a 99% joint venture interest and a 100% economic participation interest in the highly prospective Iska Iska Property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department, in southern Bolivia. A NI 43-101 Technical Report on Iska Iska, which was completed by Micon International Limited, is available on Eloro's website and under its filings on SEDAR+. Iska Iska is a road-accessible, royalty-free property. Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru some 50 km south of the Lagunas Norte Gold Mine and the La Arena Gold Mine.
For further information please contact either Thomas G. Larsen, Chairman and CEO or Jorge Estepa, Vice-President at (416) 868-9168.
Information in this news release may contain forward-looking information. Statements containing forward-looking information express, as at the date of this news release, the Company's plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company. There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304212
Source: Eloro Resources Ltd.
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A fifth drill is being mobilized to the Shovelnose property where a 15,000m exploration drill program is expected to start mid-month, continuing through to mid-DecemberProspecting, mapping and soil surveys underway on the Prospect Valley and Shovelnose properties35,000m resource infill drilling program is over 50% complete – results continue to confirm continuity of gold and silver mineralization within the South Zone deposit including 9.8m grading 8.3 g/t Au and 11 g/t Ag
VANCOUVER, British Columbia, July 07, 2026 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V: WHN) (OTCQB: WTHVF) (FRA: 1W5) (“Westhaven” or the “Company”) is pleased to report the start of exploration at its Spences Bridge Gold Belt properties in southern British Columbia, including prospecting, geological mapping and soil sampling surveys on priority target areas at the Prospect Valley and Shovelnose properties, as well as mobilization of a fifth drill rig to the Shovelnose property in preparation for a 15,000m exploration drilling program expected to commence mid-month and continue through mid-December. With the start of exploration, the 2026 program is now combining potential resource growth through drilling and district scale exploration with project derisking through resource infill drilling and advancement of Pre-Feasibility studies (“PFS”). The ongoing 35,000m resource infill drilling program continues to confirm the continuity of mineralization within the South Zone deposit, including intersections of 9.8m grading 8.3 g/t Au and 11 g/t Ag (SNR26-83) and 11.46m grading 4.59 g/t Au and 43 g/t Ag (SNR26-92). This work is being funded under a strategic earn-in agreement with Dundee Corporation (“Dundee”), whereby Dundee may earn up to a 60% interest in Westhaven's four Spences Bridge Gold Belt properties through up to CDN$85,000,000 in staged project expenditures. Under the first phase, Dundee has committed a minimum of CDN$30,000,000, inclusive of a fully funded 50,000m drill program and PFS work at Shovelnose.
Ken Armstrong, President and CEO of Westhaven, commented:
“With resource infill drilling over 50% complete and PFS-related studies well underway at Shovelnose, we are pleased to have also started field exploration work at both the Shovelnose and Prospect Valley gold properties. Exploration is perhaps the most important component of our 2026 field programs with prospecting, mapping and soil sampling planned as well as 15,000m of exploration drilling focused on discovery of new gold-bearing epithermal mineralization at Shovelnose. The addition of a fifth drill will allow exploration drilling to start without impacting ongoing infill and technical drilling of the South Zone deposit. Three drills are currently focused on resource infill drilling, whereas the fourth drill completed a three hole (1,200m) hydrogeological program in early June, and is currently completing a four hole (1,260m) geotechnical drill program. Exploration drilling will initially focus on testing targets located proximal to the NW-trending structure hosting mineralization associated with the South Zone, FMN and Franz gold deposits.”
Spences Bridge Gold Belt 2026 Exploration Programs
In addition to the ongoing PFS studies, targeted exploration work has commenced on both the Shovelnose gold property and the Prospect Valley gold property, located 30km to the northwest of Shovelnose.
Prospecting, mapping and more detailed sampling are underway at priority targets located throughout the Shovelnose property, ahead of potential drill testing later this season. This field work follows on the successful completion of airborne magnetic and radiometric surveys (spring 2026) over the property’s expanded landholdings (acquired in 2024). The geophysical surveys were intended to support reconnaissance scale sampling undertaken by Westhaven in 2025 which identified spatially restricted areas with geological and geochemical similarities to known high grade gold-silver deposits elsewhere on the property. One area of particular focus is located approximately 15km southeast of the South Zone deposit, where silicified and clay altered volcanic rocks were identified in 2025 with float, subcrop and outcrop rock grab samples returning from background levels up to 2.45 g/t Au (96.2 g/t Ag). Please see Westhaven’s news release dated January 26, 2026.
Field work has also started at the Prospect Valley property, which hosts low sulphidation epithermal systems associated with the Discovery North, Discovery South, Dog Leg, NEZ and NIC occurrences, identified by previous, locally focussed, drill programs. During 2024 and 2025 Westhaven collected 389 rock samples and 121 stream sediment samples from underexplored areas of the 10,927-ha property, returning from background levels up to 2.76 g/t Au in rock samples and 1,795 ppb Au from a stream silt. Westhaven’s sampling also reconfirmed the presence of anomalous unsourced quartz breccia float samples from the Bonanza Valley area in the southwest corner of the property. Historic gold values returned from numerous float clasts in this area are higher than any encountered in drilling elsewhere on the Property (up to 43.34 g/t Au), and the bedrock source has yet to be located. Maximum gold values in new quartz float samples collected by Westhaven are up to 3.20 g/t Au.
Initial work completed so far in 2026 includes collection of over 75 soil samples from the Bonanza Valley area to better constrain possible source locations of these compelling float samples. Recent logging activities have also opened up new roads and areas of bedrock exposure that will be evaluated this field season.
South Zone Mineral Resource Infill Drilling
Assay results from the ongoing 35,000m resource infill drilling program at the South Zone deposit continue to show excellent continuity of mineralization in each of Vein Zones 1, 2 and 3. Results have been received from an additional 15 infill drill holes (Table 1), mainly testing narrower Vein Zone 2 and Vein Zone 3 mineralization in the northern part of the deposit. The resource drilling program has been designed to infill the deposit at nominal 25m centres with results to be included in an updated mineral resource estimate to support a PFS targeting completion in H2 2027. To date, 61 drill holes (18,925m) have been completed representing approximately 54% of the planned program metreage.
Selected assay highlights include:
SNR26-79:4.28m grading 10.26 g/t Au & 57 g/t Ag from 115.50m downhole SNR26-83:6.81m grading 7.72 g/t Au & 32 g/t Ag from 149.41m downhole; and 9.85m grading 8.30 g/t & 11 g/t Ag from 301.65m downhole SNR26-87:8.22m grading 4.77 g/t Au & 61 g/t Ag from 115.78m downhole SNR26-88:7.04m grading 2.92 g/t Au & 141 g/t Ag from 125.00m downhole SNR26-92:11.46m grading 4.59 g/t Au & 43 g/t Ag from 160.54m downhole; and 4.86m grading 9.95 g/t Au & 86 g/t Ag from 305.15m downhole SNR26-95:6.98m grading 6.48 g/t Au & 37 g/t Ag from 262.02m downhole Assay intervals noted above represent downhole intersections, not true widths. True widths can be estimated at approximately 70-80% of the reported intervals. Table 1 shows assay results, including drill hole locations and orientations, and is also linked here.
Figure 1 shows the locations of the drill holes reported in this news release, as well as the other holes completed in 2026, the planned 2026 drill collar locations and the drill collars of pre-2026 drilling of the South Zone.
Figures 2 and 3 present South Zone cross-sections highlighting several high-grade drill intercepts. The sections are viewed to the northwest (310°) and illustrate strong continuity of mineralization hosted within structurally controlled quartz veins and hydrothermal breccia zones.
Sampling, Laboratory Analyses and Quality Assurance/Quality Control (QA/QC)
Most core samples consist of halved drill core cut by manual sawing using industry standard core saws. In rare cases, and where required by physical core conditions, manual splitting may be used. Half of the core is retained in the original core box for reference samples and any required future work, including QA/QC. Core samples, controlled by a unique bar-coded reference number, are delivered to ALS’s Kamloops facility and prepared using the PREP-31 package. Each core sample is crushed to better than 70% passing a 2mm (Tyler 9 mesh, US Std. No.10) screen. A split of 250g is taken and pulverized to better than 85% passing a 75-micron (Tyler 200 mesh, US Std. No. 200) screen.
Further analytical and assay procedures are conducted in ALS’s North Vancouver facility. A 0.75g subsample of the pulverized split is subjected to four acid digestion and analyzed via ICP-MS (method code ME-MS61m (+Hg)) which reports a suite of 49 elements.
All samples are also analyzed for gold by fire assay with an AES finish, method code Au-ICP21 (30g sample size) or Au-ICP22 (50g sample size). Samples returning gold values over 10ppm are subjected to over-limit check assays using fire assay and a gravimetric finish (method code Au-GRA21 and a 30g sample size, or Au-GRAV22 and a 50g sample size). The switch to 50g aliquots applies to 2026 resource infill drill holes starting at, and including, SNR26-98. Other over-limit elements may also be subjected to ore grade analyses which vary depending on the element of interest.
ALS’s facilities are accredited to the ISO/IEC 17025 standard for gold assays, and all analytical methods include quality control materials at set frequencies with established data acceptance criteria.
QA/QC incorporates the laboratory’s internal quality assurance controls as well as Westhaven’s field controls, including the insertion of quarter core duplicates, certified reference materials and blanks, each at a rate of roughly one per 20-25 core samples.
Additional blanks are inserted following samples with visible gold or significant concentrations of ginguro (fine grained bands of dark gray to black sulphides).
QA/QC data are evaluated on receipt for failures, and appropriate action is taken if results for duplicates, standards and blanks fall outside allowed tolerances.
Westhaven’s ongoing QA/QC programs are consistent with industry best practices and include auditing of all exploration data. Any significant changes will be reported when available.
Figure 1 – Plan View Map July 2026
Figure 2 – South Zone Cross Section A-A’
Figure 3 – South Zone Cross Section B-B’
Reported intervals are at least 2m in length with a 1 g/t Au cut-off for individual samples and no more than 3m contiguous metres dilution.
*Reported interval is less than 2.00m.
Table 1 – Assay Highlights
ABOUT WESTHAVEN GOLD CORP.
Westhaven is a gold and silver focused exploration and development company targeting low sulphidation, high-grade, epithermal style gold and silver mineralization within the Spences Bridge Gold Belt in southern British Columbia. Westhaven controls ~60,263 hectares within four properties spread along this underexplored belt.
The Shovelnose gold and silver project is the most advanced property, with a 2025 updated Preliminary Economic Assessment that validates the project’s potential as a robust, low cost and high margin 11-year underground gold mining opportunity with average annual life-of-mine production of 56,000 ounces gold and 313,000 ounces silver with a CDN$454 million after-tax net present value (at a 6% discount rate) and 43.2% IRR (base case parameters of US$2,400 per ounce gold, US$28 per ounce silver and CDN/US$ exchange rate of CDN$1.00=US$0.72).1
On February 23, 2026, Westhaven closed a strategic earn-in agreement with Dundee Corporation, whereby Dundee may earn up to a 60% interest in Westhaven's four Spences Bridge Gold Belt properties through up to CDN$85,000,000 in staged project expenditures. Under the first phase, Dundee has committed a minimum of CDN$30,000,000, inclusive of a fully funded 50,000m drill program and pre-feasibility work at Shovelnose. The agreement allows for the accelerated exploration and evaluation of one of Canada's most compelling, undeveloped, high-margin gold and silver assets.
Qualified Person
The technical and scientific information in this news release has been reviewed and approved by Robin Hopkins, P.Geol. (NT/NU), Vice President, Exploration for Westhaven and a Qualified Person for the Company under the definitions established by National Instrument 43-101 Standards of Disclosure for Mineral Projects.
1 See Westhaven's news release entitled "Westhaven Announces Updated Preliminary Economic Assessment for the Shovelnose Gold Project, British Columbia" and dated March 3, 2025.
ON BEHALF OF THE BOARD OF DIRECTORS OF WESTHAVEN GOLD CORP.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of applicable securities legislation. These forward-looking statements are made as of the date of this news release and Westhaven does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law.
Forward-looking statements in this news release may include, but are not limited to, statements with respect to completing approximately 50,000m of drilling during the year; completing an updated South Zone mineral resource estimate and the planned Pre-Feasibility Study; the results of the updated Preliminary Economic Assessment; future planned activities; future mineral production and future growth potential for the Company and its projects; the interpretation of preliminary results from exploration undertaken to date at the Shovelnose project using various exploration techniques and analysis; statements with respect to potential styles of epithermal mineralization at the Shovelnose Project; and, the possibility that the Company’s Shovelnose project may host multiple gold bearing epithermal systems.
In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made, and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information.
Assumptions have been made regarding, among other things, the price of gold and other precious metals; costs of exploration and development; the estimated costs of development of exploration projects; the Company’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.
Although management of Westhaven Gold Corp. have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information.
Such factors include, without limitation: the Company's dependence on one group of mineral projects; precious metals price volatility; regulatory, consent or permitting delays; risks relating to reliance on the Company's management team and outside contractors; risks regarding mineral resources and reserves; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; laws and regulations governing the environment, health and safety; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company's interactions with surrounding communities; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; and the factors identified under the caption “Risk Factors” in the Company’s management discussion and analysis.
Mineral exploration involves a high degree of risk and few properties, which are explored, are ultimately developed into producing mines. There can be no assurance that such forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
Maps accompanying this announcement are available at:
, /PRNewswire/ -- Avient Corporation (NYSE: AVNT), an innovator of materials solutions, intends to release its second quarter 2026 earnings before the market opens on Thursday, August 6, 2026. The company will then host a webcast with a slide presentation at 8:00 a.m. Eastern Time on Thursday, August 6, 2026.
The webcast can be viewed live at avient.com/investors, or by clicking on the webcast link here. Conference call participants in the question and answer session should pre-register using the link at avient.com/investors, or here, to receive the dial-in number and personal PIN. This information is required to access the conference call. The question and answer session will follow the company's presentation and prepared remarks.
A recording of the webcast and the slide presentation will be available at avient.com/investors/events-presentations immediately following the conference call and will be accessible for one year.
About Avient
Our purpose at Avient Corporation (NYSE: AVNT) is to be an innovator of materials solutions that help our customers succeed, while enabling a sustainable world. Our local touch and customer engagement, combined with our global presence, allows us to serve customers with agility. We harness the collective strength of more than 9,000 employees worldwide to collaborate and build on each other's ideas. In doing so, we innovate solutions that help our customers overcome their challenges or capitalize on opportunities provided by the fast-changing world and secular trends. Our expanding portfolio of offerings includes colorants, advanced composites, functional additives, engineered materials, and Dyneema®, the world's strongest fiber™. By intersecting our broad portfolio of technologies with the product roadmaps of our customers, we help create differentiated and high-performance products that make the world better and more sustainable. Visit www.avient.com to learn more.
To access Avient's news library online, please visit www.avient.com/news
Strata Critical Medical is rated a buy, driven by expanding market share, operational efficiencies, and a comprehensive suite of transplant logistics and clinical services. SRTA's asset-light-to-moderate model, strategic acquisitions, and focus on NRP technology position it to benefit from industry consolidation and secular tailwinds. Gross margin improvement is a key near-term catalyst, with management incentivized to reach 25% margins by 2027; Q1 2026 gross margin reached 21%.
Akcie SpaceX dnes čeká významný milník v podobě zařazení do indexu Nasdaq 100 , které by mělo vyvolat miliardové nákupy ze strany pasivních fondů. Zatímco analytici z Wall Street nadále vidí výrazný růstový potenciál podpořený rozvojem umělé inteligence, část trhu varuje před vysokým oceněním a otázkami kolem dlouhodobé ziskovosti společnosti.
Pokračování článku je dostupné jen klientům placených služeb Patria Plus / Investor Plus případně uživatelům platformy Patria Direct. Pokud jste klientem těchto služeb, potom je nutné se Přihlásit.
V rámci placeného informačního servisu získáte přístup ke kompletnímu zpravodajství www.patria.cz bez jakýchkoliv omezení. Veškeré zprávy, komentáře a horké zprávy jsou zobrazovány terminálovou metodou (bez nutnosti obnovovat stránku) bez zpoždění a v plné verzi.
Nejen zpravodajství, ale i další služby získáte v Patria Plus / Investor Plus - sms a e-mailové zpravodajství, data z finančních trhů v reálném čase, kompletní analytický servis, rozsáhlé databáze časových řad ke stažení, prognózy vývoje a valuace, ekonomické fundamenty, nástroje a kalkulátory... více
PHILADELPHIA, July 07, 2026 (GLOBE NEWSWIRE) -- National plaintiffs’ law firm Berger Montague PC announces a class action lawsuit against ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) on behalf of investors who sold ChampionX common stock during the period from February 29, 2024 through April 1, 2024 (the “Class Period”).
Investor Deadline: Investors who sold ChampionX common stock during the Class Period may, no later than July 14, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.
Prior to its acquisition by SLB in July 2025, ChampionX, headquartered in The Woodlands, TX, was a provider of chemistry solutions and technologies serving the global oil and gas sector.
The Complaint alleges that throughout the Class Period, ChampionX purchased Company shares at artificially depressed prices due to material non-public information. Specifically, defendants allegedly failed to disclose that: (i) ChampionX had received an unsolicited, non-public acquisition offer from SLB; (ii) ChampionX had an obligation to either disclose the offer or abstain from repurchasing its shares; and (iii) while those offers were on the table and unknown to the investing public, ChampionX was repurchasing its common stock at market prices significantly below the prices offered by SLB.
On February 29, 2024, ChampionX received an unsolicited, non-public offer from SLB to acquire all outstanding shares at $36.70 per share. On March 7, 2024, SLB raised its offer to $37.80 per share. During the Class Period, ChampionX’s average stock price was $33.32 per share — significantly below the undisclosed offer prices.
On April 2, 2024, during pre-market hours, ChampionX disclosed the merger with SLB. The merger eventually closed on July 16, 2025, with SLB acquiring ChampionX for $40.58 per share.
If you are a ChampionX investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Caitlin Adorni at [email protected] or (267) 764-4865.
About Berger Montague
Berger Montague is one of the nation’s preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
For more information or to discuss your rights, please contact:
HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE:NRG) plans to report its second quarter 2026 financial results on Tuesday, August 4, 2026. Management will present the results during a conference call and webcast at 9:00 a.m. EST (8:00 a.m. CST). The company will issue a press release regarding the second quarter 2026 financial results prior to the conference call, and it will be available on the NRG website at www.nrg.com. The live webcast and presentation materials can be accessed at investor.
Whisker Labs' Ting sensors support Kingstone's proactive approach to loss prevention, offered at no cost to eligible New York policyholders through vipHomeLink July 07, 2026 08:30 ET | Source: Kingstone Companies
KINGSTON, N.Y., July 07, 2026 (GLOBE NEWSWIRE) -- Kingstone Companies, Inc. (Nasdaq: KINS) (“Kingstone” or the “Company”), a regional property and casualty insurance holding company, today announced a new loss-prevention initiative under which its principal operating subsidiary, Kingstone Insurance Company (“KICO”), will provide Ting smart sensors and three years of electrical fire prevention service at no cost to eligible New York homeowners insurance policyholders. The program, enabled through Kingstone’s new partnership with vipHomeLink, a homeowner engagement and prevention platform serving the insurance industry, reflects the Company’s continued focus on proactive risk management and policyholder engagement.
“Our policyholders trust us to help protect their homes and families, and we take that responsibility very seriously,” said Meryl Golden, President and Chief Executive Officer of Kingstone. “The best claim is the one that never happens, both for the family involved and for the quality of our book of business. By offering Ting at no cost through our partnership with vipHomeLink, we are helping homeowners identify hidden electrical fire hazards before they become devastating losses.”
The Ting program extends the disciplined approach to risk management that underpins Kingstone’s operating model. Alongside the Company’s focus on risk selection, rate adequacy, and claims execution, proactive loss prevention is intended to help reduce the frequency and severity of avoidable losses over time. Electrical fires and water-related damage are among the most common and costly homeowner perils, and Ting’s electrical fire hazard detection and frozen pipe alerts are designed to help address both.
Ting is a plug-in sensor and fire prevention service from Whisker Labs designed to detect electrical fire hazards. Using advanced sensing and intelligence, Ting helps detect hidden electrical fire hazards that can originate from incoming power, plugged-in devices, wiring behind walls, and appliances. When a hazard is detected, Ting’s Fire Safety Team works directly with the homeowner to help resolve the problem. Ting also provides power outage and frozen pipe risk alerts, extending prevention beyond fire to help reduce other common and costly home risks.
“Electrical fire hazards are often hidden until it’s too late,” said Bob Marshall, Co-Founder and CEO of Whisker Labs. “Together with Kingstone Insurance Company and vipHomeLink, we’re helping more families take a proactive step towards prevention.”
According to the National Fire Protection Association, an electrical fire occurs in a U.S. home approximately every 10 minutes. Whisker Labs reports that Ting helps prevent approximately four out of five electrical fires, is used by more than one million homeowners and, to date, has helped prevent more than 30,000 potentially devastating fires.
“We’re pleased to welcome Kingstone as a new prevention partner and to support its policyholders,” said Geoff Martin, CEO & Co-Founder of vipHomeLink. “By including Ting in Kingstone’s loss prevention strategy, alongside the vipHome.app experience, we’re able to provide homeowners with proactive tools, timely reminders, and insights that help them reduce risk and make their homes safer.”
Kingstone’s Ting program is expected to launch in July 2026.
About Kingstone Companies, Inc.
Kingstone is a regional property and casualty insurance holding company whose principal operating subsidiaries write business through retail and wholesale agents and brokers. Kingstone delivers tailored homeowners insurance solutions through its sophisticated product suite, Select, supported by a scalable and efficient operating platform that enables the Company to pursue significant market opportunities and strategic expansion. Kingstone was the 11th largest writer of homeowners insurance in New York in 2025 and also writes homeowners coverage in California on a non-admitted basis.
About vipHomeLink Holdings, Inc.
vipHomeLink is a homeowner engagement and prevention platform. Its platform and suite of services enable insurance carriers to seamlessly execute scalable prevention programs that reduce home insurance claims and improve customer retention over time. Through its innovative carrier-branded application, homeowners proactively maintain and digitally manage their home while improving its safety, efficiency and value. The highly personalized solution simplifies homeownership by providing members with expert guidance, property-specific home tips and alerts, a personal Home Fitness Index™ and other valuable benefits. www.viphomelink.com
About Whisker Labs
Whisker Labs develops cutting-edge, AI-powered sensor technology that protects families, homes, and communities by predicting and preventing electrical fires while also monitoring the resiliency and safety of the U.S. electrical grid. Its flagship solution, Ting, draws on decades of electromagnetic and atmospheric sensor expertise to detect electrical faults. While a single Ting sensor helps protect a home, the collective network of sensors monitors the grid to deliver Ting Insights, the most comprehensive source for grid reliability, safety, and resilience intelligence. As one of the fastest-growing IoT networks, Ting is proven to prevent 4 out of 5 electrical fires, reducing home fire losses and saving lives across the U.S. every day. For more information visit www.whiskerlabs.com and www.tingfire.com.
Contacts:
Kingstone Investor Relations Contact
Elevate IR [email protected]
720-330-2829
vipHomeLink Contact
Geoff Martin, CEO
vipHomeLink Holdings, Inc. [email protected]
Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. These statements involve risks and uncertainties that could cause actual results to differ materially from those included in forward-looking statements due to a variety of factors. For more details on factors that could affect expectations, see Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025.
Kingstone undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Commvault (NASDAQ: CVLT) - Commvault will webcast a discussion of its first quarter fiscal year 2027 earnings results on Tuesday, July 28, 2026 beginning at 8:30 a.m. EDT at http://ir.commvault.com.
Investors can access the live webcast by visiting http://ir.commvault.com. Investors may also access the call by dialing Toll Free: (800) 715-9871 or International: (646) 307-1963 and referencing Event ID 2968720. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A replay of the webcast will also be available at http://ir.commvault.com.
About Commvault
Commvault (NASDAQ: CVLT) is a leader in unified resilience at enterprise scale. In a constantly evolving threat landscape, Commvault keeps customers ready by unifying data security, identity resilience, and cyber recovery, on one cloud-native, AI-enabled platform. Customers trust Commvault to conduct the fastest, most complete recoveries – not just their data, but their entire business. Purpose-built for the agentic enterprise, Commvault also enables organizations to safely embrace AI while protecting against AI-driven threats.
New cyber resilience simulation lets participants create and experience a realistic Frontier AI cyberattack before one hits their organization
, /PRNewswire/ -- Commvault (NASDAQ: CVLT), a leader in unified resilience at enterprise scale, today announced "Commvault Minutes to Recovery" – a scenario-driven cyber resilience simulation that lets participants act as a hacker and run their own attacks using Frontier AI tools. Then, participants are challenged to defend against and recover from an incident under pressure to test their resilience against these AI-driven cyberattacks.
The window between vulnerability discovery and active exploitation, once measured in days, has narrowed to 29 minutes in 2025, 65% faster than the year before.1 As attacks become significantly quicker, organizations need more than recovery plans – they need proven recovery readiness.
Commvault Minutes to Recovery is a hands-on, live simulation that allows security and IT teams to stress test their readiness for Frontier AI threats under real-world conditions. In the first of three chapters, the participants take the role of an attacker and create an AI-driven attack using the common Frontier AI tools deployed by adversaries today. This will give attendees realistic insights into how AI-accelerated attacks behave, how fast they move, how personalized the phishing is, and how quickly backup infrastructure gets targeted.
The attendees then flip their roles and need to defend the AI-driven attack by making real-time detection decisions under pressure, with incomplete information and competing priorities. Finally, they take over the role of the recovery expert who will have to bring back the systems and data in a verified clean state without bringing the threat back with it.
Moving through these three roles, attendees will develop a firsthand understanding of what each phase demands and where cross-team coordination breaks down under real pressure. This experience will help teams uncover critical technical and operational weaknesses in recovery plans, strengthen cross-functional coordination, and build confidence in their ability to respond effectively when an incident occurs.
Available globally as an onsite event and delivered in six languages, Minutes to Recovery is completed in a single two-hour session. The resulting Mean Time to Clean Recovery (MTCR) benchmark provides a practical measure of recovery readiness based on performance under pressure rather than assumptions in a planning document.
"The question organizations need to answer is no longer, 'Do we have a recovery plan?' Instead, they should be asking, 'Can we prove it will work under pressure?'" said Anna Griffin, Chief Market Officer at Commvault. "As AI compresses the time between compromise and impact, resilience becomes a measurable business capability. Minutes to Recovery helps organizations move beyond assumptions and demonstrate their ability to recover cleanly, quickly and with confidence."
Partner engagement opportunity
Minutes to Recovery will also be available through Commvault's global partner network, enabling partners to host and engage customers in strategic resilience discussions through a hands-on, outcome-driven experience.
For partners, the event provides a turnkey, high-engagement customer experience backed by Commvault's facilitation infrastructure and the credentialed expertise of the Commvault Global Speaker Bureau.
"Most organizations believe they are prepared for a cyberattack until they are forced to respond to one in real time," said Allen Downs, Vice President of Security and Resiliency, Kyndryl. "As cyberattacks become faster, more sophisticated, and increasingly unpredictable, recovery strategies must evolve to meet this new reality. By leveraging this experience, Kyndryl can help customers strengthen their readiness, validate their resilience, and improve their ability to recover from disruption. Ultimately, resilience is not defined by the plans organizations create, but by the scenarios they have rigorously tested."
About Commvault
Commvault (NASDAQ: CVLT) is a leader in unified resilience at enterprise scale. In a constantly evolving threat landscape, Commvault keeps customers ready by unifying data security, identity resilience, and cyber recovery, on one cloud-native, AI-enabled platform. Customers trust Commvault to conduct the fastest, most complete recoveries – not just their data, but their entire business. Purpose-built for the agentic enterprise, Commvault also enables organizations to safely embrace AI while protecting against AI-driven threats.
1 CrowdStrike. (2026, Feb 24). CrowdStrike 2026 Global Threat Report. https://www.crowdstrike.com/en-us/global-threat-report
First Horizon Corporation (NYSE:FHN) will release its second quarter earnings report before the opening bell on Wednesday, July 15.
Analysts expect the Memphis, Tennessee-based company to report quarterly earnings of 53 cents per share, up from 45 cents per share in the year-ago period. The consensus estimate for First Horizon’s quarterly revenue is $881.11 million. It reported $833 million last year, according to Benzinga Pro.
On July 1, First Horizon Bank named Jason Triplett as Western North Carolina Area President for the Mid-Atlantic Region.
First Horizon shares rose 0.7% to close at $25.85 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying FHN stock? Here’s what analysts think:
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Supports scalable multi-unit deployments delivering ~3-15 MWe from a common turbine platform
NEW YORK, July 07, 2026 (GLOBE NEWSWIRE) -- Terra Innovatum Global N.V. ("Terra Innovatum" or the “Company”) (NASDAQ: NKLR), a developer of micro-modular nuclear reactors, and Howden Turbo GmbH (“Howden”), a global leader in steam turbine technology and a division of Chart Industries, Inc. (NYSE: GTLS), today announced the execution of a steam turbine and power generator procurement order for Terra Innovatum’s SOLO™ micro‑modular reactor platform.
The agreement secures a long-term supply of critical secondary-side equipment for Terra Innovatum’s First-of-a-Kind (“FOAK”) SOLO™ reactor, targeted for deployment in Illinois by 2027, and supports subsequent Nth-of-a-Kind (“NOAK”) global commercialization. Terra Innovatum has already selected its FOAK site at Rock City Admiral Parkway Development in Illinois and has entered into non-binding MOUs for up to 100 SOLO™ units worldwide.
As customer interest accelerates across AI infrastructure, industrial facilities and resilient distributed power applications, securing long-lead equipment and experienced manufacturing partners is becoming an increasingly important competitive differentiator. This agreement represents another step in Terra Innovatum's strategy of establishing the industrial supply chain needed to support commercial deployment at scale.
Pictured: The Howden Frankenthal TWIN turbine, a highly efficient dual-casing steam turbine
manufactured in Frankenthal, Germany. Image provided by Howden Frankenthal.
Through this collaboration, Terra Innovatum and Howden have adapted and optimized Howden’s proven steam turbine technology to meet the specific requirements of the SOLO™ reactor, which is designed as a one‑megawatt‑electric, helium‑cooled micro‑reactor powered by commercially available low‑enriched uranium fuel. The work aligns performance, efficiency, and modular integration to support standardized deployment across sites and leverages Terra Innovatum’s fabless supply chain model, which uses established nuclear manufacturers rather than new in‑house facilities, to accelerate industrialization. In parallel, the companies are defining commercial frameworks, production ramp‑up capacity, lead-time reduction strategies, and modular skid configurations to enable rapid, high-volume rollout of SOLO™ reactors and associated balance‑of‑plant equipment.
The partnership also supports flexible system architectures by integrating multiple SOLO™ units with a common Howden turbine platform to deliver scalable output in the ~3 to 15 MWe range, addressing applications from data centers and industrial facilities to remote mini‑grids. Together, these efforts are intended to shorten deployment timelines and lower lifecycle cost through repeatable, standardized production, supporting Terra Innovatum’s goal of FOAK deployment in 2027 and broader commercialization beginning in 2028.
Pictured: Marco Cherubini, Co-Founder & CTO at Terra Innovatum, and Volker Brakel,
Head of Steam Turbines at Howden, during signing ceremony. Image provided by Howden Frankenthal.
Marco Cherubini, Co-Founder and Chief Technology Officer of Terra Innovatum, stated: “Strategically aligning with Howden gives us access to a proven track record and decades of deep expertise in steam turbine technology, particularly in the power range suited for SOLO. Their reliability and engineering experience significantly de-risk both our FOAK deployment and long-term NOAK scaling.”
Volker Brakel, Head of Steam Turbines at Howden, added: “Terra Innovatum’s SOLO concept stands out for its rapid path to market and strong scalability. Its modular architecture and ability to combine multiple units enable flexible power solutions while providing the deployment visibility needed to plan production and build a robust industrial roadmap. A deployable micro-modular reactor with clear market timing creates a strong foundation for long-term growth and collaboration.”
ABOUT TERRA INNOVATUM & SOLO™
Terra Innovatum's mission is to make nuclear power accessible. We deliver simple and safe micro-reactor solutions that are scalable, affordable and deployable anywhere 1 MWe at a time.
Terra Innovatum is a pioneering force in the energy sector, dedicated to delivering innovative and sustainable power solutions. Terra Innovatum plans to leverage cutting-edge nuclear technology through the SOLO™ Micro-Modular Reactor (SMR™) to provide efficient, safe, and environmentally conscious energy. With a mission to address global energy shortages, Terra Innovatum combines extensive expertise in nuclear industry design, manufacturing, and installation licensing to offer disruptive energy solutions. Committed to propelling technological advancements, Terra Innovatum and SOLO™ are dedicated to fostering prosperity and sustainability for humankind.
It is anticipated that SOLO™ will be available globally within the next three years. Conceptualized in 2018 and engineered over six years by experts in nuclear safety, licensing, innovation, and R&D, SOLO™ addresses pressing global energy demands with a market-ready solution. Built from readily available commercial off-the-shelf components, the proven licensing path for SOLO™ enables rapid deployment and minimizes supply chain risks, ensuring final cost predictability. Designed to adapt with evolving fuel options, SOLO™ supports both LEU+ and HALEU, offering a platform ready to transition to future fuel supplies.
SOLO™ will offer a wide range of versatile applications, providing CO2-free, behind-the-meter, and off-grid power solutions for data centers, mini-grids serving remote towns and villages, and large-scale industrial operations in hard-to-abate sectors like cement production, oil and gas, steel manufacturing, and mining. It also has the ability to supply heat for industrial applications and other specialized processes, including water treatment, desalination and co-generation. Thanks to its modular design, SOLO™ can easily scale to deliver up to 1GW or more of CO2-free power with a minimal footprint, making it an ideal solution for rapidly replacing fossil fuel-based thermal plants. Beyond electricity and heat generation, SOLO™ can also contribute to critical applications in the medical sector by producing radioisotopes essential for oncology research and cancer treatment.
To learn more, visit: https://investors.terrainnovatum.com/. Follow us on X: https://x.com/TerraInnovatum and LinkedIn: https://www.linkedin.com/company/terra-innovatum-solo/.
FORWARD LOOKING STATEMENTS
This press release includes “forward-looking statements” within the meaning of the federal securities laws, including, but not limited to, opinions and projections prepared by Terra Innovatum’s management. Forward-looking statements generally relate to future events or future financial or operating performance, including pro forma and estimated financial information, and other “forward-looking statements” (as such term is defined in the Private Securities Litigation Reform Act of 1995). The recipient can identify forward-looking statements because they typically contain words such as “outlook,” “believes,” “expects,” “ will,” “projected,” “continue,” “increase,” “may,” “should,” “could,” “seeks,” “predicts,” “intends,” “trends,” “plans,” “estimates,” “anticipates” or the negatives or variations of these words or other comparable words and/or similar expressions (but the absence of these words and/or similar expressions does not mean that a statement is not forward-looking). These forward-looking statements specifically include, but are not limited to, statements regarding estimates and forecasts of financial and performance metrics, projections of market opportunity and market share, expected timing for regulatory approvals and commercialization and the potential success of Terra Innovatum’s strategy and expectations. Forward-looking statements, opinions and projections are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of Terra Innovatum’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Terra Innovatum’s control. These uncertainties and risks may be known or unknown. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: changes in domestic and foreign business, market, financial, political and legal conditions; failure to realize the anticipated benefits of the proposed business combination; risks relating to the uncertainty of the projected financial information with respect to Terra Innovatum; future global, regional or local economic and market conditions; the development, effects and enforcement of laws and regulations; Terra Innovatum’s ability to manage future growth; Terra Innovatum’s ability to develop new products and services, bring them to market in a timely manner, and make enhancements to its platform; the effects of competition on Terra Innovatum’s future business; and the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries and other risks and uncertainties described under the heading “Risk Factors” in documents Terra Innovatum files from time to time with the Securities and Exchange Commission. If any of these risks materialize or the Terra Innovatum’s assumptions prove incorrect, actual results could differ materially from the results implied by the forward-looking statements contained herein. In addition, forward-looking statements reflect Terra Innovatum’s expectations and views as of the date of this presentation. Terra Innovatum anticipates that subsequent events and developments will cause its assessments to change. However, while Terra Innovatum may elect to update these forward-looking statements in the future, each of them specifically disclaims any obligation to do so. Accordingly, you should not place undue reliance on the forward-looking statements, which speak only as of the date they are made.
CONTACTS
Giordano Morichi
Founding Partner, Chief Business Development Officer & Director of Investor Relations
Terra Innovatum Global N.V.
E: [email protected]
W: www.terrainnovatum.com
Investor Relations
Simon Willcocks, Alliance Advisors IR
E: [email protected]
1. Vertex Buys Crinetics for Rare Disease Push Vertex Pharmaceuticals (VRTX +0.27%) is acquiring Crinetics Pharmaceuticals (CRNX 0.47%) for $10 billion, expanding beyond cystic fibrosis therapies and into endocrine diseases. The move could add up to $5 billion in annual revenue over the long term, although traders with a shorter-term focus pushed the stock down around 2% ahead of the market open.
"Crinetics is an excellent strategic fit for Vertex, with its focus on serious diseases in specialty markets with significant unmet need": Reshma Kewalramani, CEO and president of Vertex, praised the deal, while Crinetics founder and CEO Scott Struthers referred to it as a historic milestone. It's expected to contribute to Vertex's revenue immediately via the ongoing launch of the Palsonify medicine. Purchase helps to back up double-digit revenue growth ambitions: The growing need for therapeutics around endocrine diseases provides a clear runway for Vertex to scale in the coming years with Crinetics in the portfolio. Also recommended in Rule Breakers, the stock is outperforming the S&P 500 by 45% since the February 2022 Stock Advisor rec. 2. Synopsys Cuts Fab Tools for AI Focus Reuters reports Synopsys (SNPS +1.17%) is planning to stop offering some software used by semiconductor companies, instead looking to focus on other AI offerings carrying higher profit margins.
Pivot highlights the changing balance in the semiconductor software space: Chipmakers are increasingly building manufacturing software in-house, while vendors like Synopsys are targeting lucrative AI design technologies more. "The best is yet to come": Back in February, Fool analyst Yasser El-Shimy was upbeat about the outlook for this year following quarterly results, saying "in an AI world driving ever-complex chip designs, Synopsys' tools are essential." The stock is recommended by both Team Rule Breakers and Team Hidden Gems.
3. Bank ETF Hits Record High as Earnings Loom
U.S. banking stocks continue to outperform, with the Invesco KBW Bank ETF (KBWB +1.92%) reaching a new high yesterday, as the outlook for higher interest rates and strong earnings expectations aids traction.
Banking boom helping other companies: Bank of America (BAC +1.80%) rallied 2% to close at record highs, a move that benefits Berkshire Hathaway (BRKB 0.26%) since it is the largest shareholder aside from two index-fund investors. Optimism heading into earnings season next week: Most major U.S. banks are set to report Q2 earnings imminently, with Goldman Sachs (GS +3.36%), Morgan Stanley (MS +3.73%), and Bank of America all due to deliver double-digit revenue growth versus the same period last year.
4. Meta Slams Trillion-Dollar Lawsuit
Meta (META +3.12%) has revealed a $1.4 trillion potential penalty from the trial relating to allegedly violating the Children's Online Privacy Protection Act. It is being targeted by several U.S. states in court, with proceedings due to start next month.
"A sanction of that size has no analog in the history of consumer protection enforcement": Meta flagged the staggering compensation amount, which is close to the current market cap of the company. It strongly denies all allegations. Big Tech facing thousands of lawsuits in both federal and state courts: The precedent on this case will be watched by many other social media platforms, due to extensive claims around child protection and social media addiction complaints. 5. Today's Take: Borrowed Thinking, Better Investing
Some of my favorite investing maxims come from the world of sports. Listen to coaches and players – in any sport – and they'll tell you that results can vary but performance is controllable. Never confuse results with performance, Fool.-- Tim Beyers Team Rule Breakers
6. Your Take What investment principle took you the longest to learn, but has been incredibly valuable?
Discuss with friends and family, or become a member to hear what your fellow Fools are saying!
This image and article was created using Large Language Models (LLMs) based on The Motley Fool's insights and investing approach. It has been reviewed by our AI quality control systems. Since LLMs cannot (currently) own stocks, it has no positions in any of the stocks mentioned. Bank of America is an advertising partner of Motley Fool Money. The Motley Fool has positions in and recommends Berkshire Hathaway, Goldman Sachs Group, Meta Platforms, Synopsys, and Vertex Pharmaceuticals. The Motley Fool has a disclosure policy.
Strengthens DXC's India presence with a 200,000-square-foot facility in Bengaluru Brings together customer collaboration spaces, a flagship AI Hub, and integrated security and operations capabilities Designed to enable direct collaboration with DXC consultants and customers to identify, engineer, and scale AI solutions that can deliver measurable business outcomes , /PRNewswire/ - DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner, today announced the opening of its new Customer Experience Center in Bengaluru. The new facility is one of DXC's largest global delivery hubs and reinforces its role in helping organizations move from AI experimentation to scaled deployment, expanding the company's global network of customer collaboration sites.
Designing the AI Solutions for Enterprise
DXC Opens Flagship AI-first Customer Experience Center in Bengaluru (CNW Group/DXC Technology Company) Located in one of Bengaluru's leading technology corridors, the new 200,000-square-foot facility is purpose-built to deepen customer engagement, strengthen collaboration, and accelerate AI-enabled transformation. As DXC expands opportunities for customer collaboration around AI solutions, the site brings together immersive Customer Experience Zones, Fluid Collaboration Hubs, Ideation Studios, Co-Creation Labs, and Partner Experience Zones in a modern environment where DXC teams, customers, and partners can co-create solutions, accelerate AI adoption, and showcase innovation in real time.
"Our greatest differentiator is our people," said Ramnath Venkataraman, President, Consulting & Engineering Services at DXC Technology. "Our new Customer Experience Center brings together our exceptional engineering talent in a space designed for deeper collaboration with customers and partners, where we can co-create, engineer, and scale AI-powered solutions that address complex business challenges. By working side by side throughout the innovation journey, we're helping customers move faster from ideas to measurable business outcomes."
Where Enterprises Turn AI into Deployable Solutions
As DXC continues to help enterprises move from AI experimentation to execution at scale, it is investing in environments that help customers prioritize high-value use cases, rapidly prototype solutions, and integrate AI into existing technology environments, including the core systems enterprises depend on. The new facility will showcase DXC's capabilities across AI, consulting, engineering, cloud, cybersecurity, and network transformation, with a focus on engineering and running AI capabilities integrated with existing enterprise systems of record and IT operations.
The site includes a central AI Hub, alongside a Cyber Range, Forensics Labs, Security Operations Center, and Network Operations Center, enabling end-to-end scenarios from solution design through real-world deployment and monitoring. At the heart of the facility is DXC's flagship AI Hub, designed to help customers translate AI concepts into deployable solutions through hands-on development and testing. These capabilities are integrated to support full lifecycle delivery, from ideation through to operation and optimization.
"Our new Customer Experience Center represents a powerhouse for AI innovation, engineering excellence, and customer collaboration," said Rob Le Busque, President of Asia Pacific & Japan at DXC Technology. "By bringing together our consulting, engineering, and operations expertise in one environment, we're helping customers accelerate AI adoption and create connected enterprises where people work alongside AI agents to engineer and run the systems of record for our customers."
About DXC Technology
DXC Technology (NYSE: DXC) is a leading enterprise technology and innovation partner delivering software, services, and solutions to global enterprises and public sector organizations — helping them harness AI to drive outcomes at a time of exponential change with speed. With deep expertise in Managed Infrastructure Services, Application Modernization, and Industry-Specific Software Solutions, DXC modernizes, secures, and operates some of the world's most complex technology estates. Learn more on dxc.com.
Vertex expects to finance the acquisition using a combination of cash on hand and debt, supported by $4.5 billion of fully committed bridge financing.
Vertex’s cash, cash equivalents, and total marketable securities as of March 31, 2026, were $13.0 billion.
The transaction was approved by both the Vertex and Crinetics Boards of Directors and is anticipated to close in the third quarter of 2026.
Palsonify And Atumelnant Expand Vertex’s Rare Disease Portfolio"Crinetics is an excellent strategic fit for Vertex," said Reshma Kewalramani, CEO and President of Vertex.
Crinetics’ marketed medicine, Palsonify (paltusotine), received FDA approval in September 2025.
The European Medicines Agency recently approved Palsonify.
It is the first and only once-daily oral therapy for adults with acromegaly, a rare and debilitating condition caused by a pituitary tumor that secretes excess growth hormone, which affects an estimated 20,000 diagnosed people in the U.S.
Crinetics’ most advanced pipeline candidate, atumelnant, is a once-daily oral adrenocorticotropic hormone (ACTH) receptor antagonist currently in Phase 3 development for congenital adrenal hyperplasia (CAH).
Classic CAH, the most severe form of the disease, with 17,000 addressable patients in the U.S., is a rare, chronic genetic condition affecting the adrenal glands.
In Phase 2 studies, patients taking atumelnant were able to achieve near normalization of excess androgen levels on physiologic replacement doses of glucocorticoids.
Vertex Expects Revenue And Profit Growth From AcquisitionThe transaction is expected to contribute immediately to Vertex’s revenue growth via the ongoing launch of Palsonify, which has blockbuster potential in acromegaly.
Longer term, atumelnant has the potential to be a multi-billion-dollar opportunity in CAH, with additional upside from its potential in Cushing’s syndrome.
At peak, these assets have the potential to deliver more than $5 billion in combined annual revenue, which will further Vertex’s goal of delivering sustained double-digit revenue growth, in addition to operating margins.
The transaction is expected to become accretive to adjusted operating income in 2029.
Analyst Sees UpsideWilliam Blair on Monday wrote, "…it is the first time we have heard of a multi-billion dollar sales potential for a CAH product."
Analyst Myles Minter further added that the deal is on the higher side on a stock price premium basis, but views this as reasonable if the peak sales number can be achieved.
William Blair also wrote, "Based on management commentary, we believe significantly more of the >$5 billion peak sales potential is weighted toward the atumelnant opportunity, which carries more risk given the late-clinical-stage nature of the ACTH receptor antagonist."
Price Action: Crinetics Pharmaceuticals shares were up 98.88% at $83.59, and Vertex Pharmaceuticals shares were down 0.30% at $528.00 during premarket trading on Tuesday, according to Benzinga Pro data.
Photo: courtesy of Vertex
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On Jan. 2, Bloom Energy (BE +8.64%) opened at $90.57. When the first six months of 2026 wrapped up on June 30, shares closed at $302.70, up more than 234%.
If you invested $5,000 in Bloom at the start of the year, that investment has worked out well. With such a strong performance, however, the catch is that people keep expecting it, making it harder to live up to those expectations.
Image source: Getty Images.
What is that $5,000 investment worth today? With many online brokers offering fractional share investing, investors have greater flexibility when buying a stock. They are no longer confined to buying whole shares, and on Robinhood Markets, for instance, investors can buy as little as $1 worth of a stock, subject to certain restrictions.
For Bloom, opening at $90.57 on Jan. 2, a $5,000 investment would yield about 55 shares. At the June 30 closing price of $302.70, that $5,000 investment would be worth $16,709.
What's helped propel those gains has been a strong financial performance. Bloom has been known for its consistent revenue growth, so while increasing revenue 130.4% to $751.1 million was impressive, that kind of growth hasn't been unusual for Bloom.
What did stand out, however, was a turn toward profitability. In the first quarter of 2025, Bloom reported a net loss attributable to common shareholders of $23.8 million, but in Q1 2026, it reported a net profit of $70.6 million.
What's promising for the rest of the year and beyond? Last October, Bloom announced it was collaborating with Brookfield Asset Management to design and deliver AI factories, with Brookfield investing $5 billion to deploy Bloom's fuel cell technology.
Then on June 30, Brookfield announced it was expanding that investment to $25 billion. This not only provides more validation for Bloom's on-site power strategy but also helps bring in more long-term business that can start showing up in earnings reports as backlog demand.
Today's Change
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Investment considerations Bloom continues to defy expectations, with the stock price skyrocketing more than 1,000% over the last 12 months. It can continue to reward shareholders over the next several years as power demand for data centers and other business sectors grows and Bloom moves toward consistent profitability.
That said, pullbacks in the Bloom stock price can be sharp and swift, as the stock trades at levels significantly more volatile than the broader markets. Also, any slowdown in power needs from AI infrastructure projects will deeply impact Bloom's business. That makes Bloom a candidate for long-term investing, given the ups and downs it will experience, rather than just owning it to chase past results.
NEWARK, Calif., July 07, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today released its 2026 Sustainability Report. This report shows how sustainability drives performance, creates value, and helps clients through The Power of One: individual actions across a global workforce that add up to measurable impact.
The 2026 report reflects a shift in how Concentrix approaches sustainability reporting, focusing on execution and measurable results. The company earned an EcoVadis Gold Medal, placing it in the top 5% of companies assessed worldwide, along with an ‘A’ score for climate disclosure from CDP and SBTi validation of its net-zero targets against a 1.5°C pathway.
That discipline shows up across the business, in lower emissions, sharper skills, and stronger communities:
25.7% cut in absolute emissions against a 2019 baseline, on track toward a 46.2% reduction by 20301.37 million trees planted since 2021, now supported by a new partnership with Plant-for-the-Planet7 million+ learning hours and 16 million course completions to help our teams build AI and future-ready skillsISO/IEC 42001:2023 certification for how Concentrix governs AI across its services2.8 million kg of emissions potentially avoided through the Carbon Challenge portal, now powered by an AI assistant and extended to schools$6.26 million and 396,000 volunteer hours contributed to communities through Think Human Fund and local teams “Concentrix has reached the point where sustainability and technology advance together, each making the other stronger,” said Philip Cassidy, Executive Vice President, Strategic Projects and Corporate Strategy at Concentrix. “By operationalizing ESG and embedding it into how we run, not bolting it on as an afterthought, we cut costs, sharpen risk management, and meet the standards clients increasingly demand. The result is a program that does more than demonstrate responsibility, it converts that responsibility into measurable value: for the business, and for every client we serve.”
From cleaner operations to responsible AI and the skills to put it to work, Concentrix is engineering a smarter, more sustainable business, and a world that works better for everyone. Read the full 2026 sustainability report – The Power of One.
About us: Powering a World That Works
Concentrix (NASDAQ: CNXC), is the Fortune 500® technology and services company, helping the world’s best brands create intelligent operations that perform in the real world. We design, build, and run integrated human and AI solutions, harnessing the insight from billions of real-world interactions to help 2,000+ of the world’s most complex organizations solve their toughest business challenges. Backed by 20+ years of operational experience and battle-tested AI, we’re the intelligent transformation partner that helps clients across every major industry move from ambition to measurable, scalable performance. Virtually everywhere. Visit concentrix.com to learn more.
Media Contact:
Marketing & Communications
Concentrix Corporation [email protected]
Safe Harbor Statement
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements regarding the company’s capabilities and positioning to deliver business outcomes and solve challenges for its clients, future benefits from the company’s sustainability program, including emissions reduction targets, cost savings and cleaner operations, and statements that include words such as believe, expect, may, will, provide, could and should and other similar expressions. These forward-looking statements are inherently uncertain and involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Risks and uncertainties include, among other things, risks related to the company’s ability to successfully execute its strategy, competitive conditions in the company’s industry, and other factors contained in the Company’s Annual Report on Form 10-K for the fiscal year ended November 30, 2025 filed with the Securities and Exchange Commission and subsequent SEC filings. We do not undertake a duty to update forward-looking statements, which speak only as of the date on which they are made.
Copyright 2026 Concentrix Corporation and its subsidiaries. All rights reserved. Concentrix, the Concentrix logo, and all other Concentrix company, product and services names and slogans are trademarks or registered trademarks of Concentrix Corporation and its subsidiaries.
July 07, 2026 07:00 ET | Source: Axsome Therapeutics, Inc.
The FOCUS-2 trial in children complements the recently announced FOCUS-3 trial in adolescents with ADHD
NEW YORK, July 07, 2026 (GLOBE NEWSWIRE) -- Axsome Therapeutics, Inc. (NASDAQ: AXSM), a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) disorders, today announced that the first patient has been dosed in the FOCUS-2 Phase 3 trial evaluating solriamfetol as a treatment for children with attention deficit hyperactivity disorder (ADHD).
FOCUS-2 (Forward Treatment of Attention Deficit and Hyperactivity Using Solriamfetol) is a Phase 3, randomized, double-blind, placebo-controlled, multicenter trial to assess the efficacy and safety of solriamfetol in children aged 6 to less than 12 years with ADHD. Approximately 468 patients will be randomized in a 1:1:1 ratio to receive one of two doses of solriamfetol or placebo for 6 weeks. The primary endpoint will be the change from baseline to week 6 in the ADHD Rating Scale (ADHD-RS-5) total score.
Previously, Axsome announced the initiation of the FOCUS-3 Phase 3 trial of solriamfetol in adolescents aged 12 to less than 18 years with ADHD.
About Attention Deficit Hyperactivity Disorder (ADHD)
Attention deficit hyperactivity disorder (ADHD) is a chronic neurobiological and developmental disorder characterized by a persistent pattern of inattention, hyperactivity, or impulsivity, that interferes with functioning or development.1 Impairments in cognition are apparent in attention, planning and problem solving, working memory, and behavioral inhibition.2,3 An estimated 15.5 million adults and 7 million children in the U.S. are affected by ADHD,4,5 with approximately two-thirds or more of children with ADHD continuing to experience symptoms into adulthood.6 The total annual societal excess cost associated with adult ADHD in the U.S. has been estimated at over $120 billion.7
About Solriamfetol
Solriamfetol is a dopamine and norepinephrine reuptake inhibitor (DNRI), TAAR1 agonist, and 5-HT1A agonist being developed for the treatment of attention deficit hyperactivity disorder (ADHD), major depressive disorder (MDD) with excessive daytime sleepiness (EDS), binge eating disorder (BED), and excessive sleepiness associated with shift work disorder (SWD).
About Axsome Therapeutics
Axsome Therapeutics is a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) conditions. We deliver scientific breakthroughs by identifying critical gaps in care and develop differentiated products with a focus on novel mechanisms of action that enable meaningful advancements in patient outcomes. Our industry-leading neuroscience portfolio includes FDA-approved treatments for major depressive disorder, agitation associated with dementia due to Alzheimer’s disease, excessive daytime sleepiness associated with narcolepsy and obstructive sleep apnea, and migraine, as well as multiple novel product candidates addressing a broad range of serious neurological and psychiatric conditions that impact over 150 million people in the United States. Together, we are on a mission to solve some of the brain’s biggest problems so patients and their loved ones can flourish. For more information, please visit us at www.axsome.com and follow us on LinkedIn and X.
Forward Looking Statements
Certain matters discussed in this press release are “forward-looking statements”. The Company may, in some cases, use terms such as “predicts,” “believes,” “potential,” “continue,” “estimates,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. In particular, the Company’s statements regarding trends and potential future results are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the commercial success of the Company’s SUNOSI®, AUVELITY®, and SYMBRAVO® products and the success of the Company’s efforts to obtain any additional indication(s) with respect to solriamfetol and/or AXS-05; the Company’s ability to maintain and expand payer coverage; the success, timing and cost of the Company’s ongoing clinical trials and anticipated clinical trials for the Company’s current product candidates, including statements regarding the timing of initiation, pace of enrollment and completion of the trials (including the Company’s ability to fully fund the Company’s disclosed clinical trials, which assumes no material changes to the Company’s currently projected revenues or expenses), futility analyses and receipt of interim results, which are not necessarily indicative of the final results of the Company’s ongoing clinical trials, and/or data readouts, and the number or type of studies or nature of results necessary to support the filing of a new drug application (“NDA”) for any of the Company’s current product candidates; the Company’s ability to fund additional clinical trials to continue the advancement of the Company’s product candidates; the timing of and the Company’s ability to obtain and maintain U.S. Food and Drug Administration (“FDA”) or other regulatory authority approval of, or other action with respect to, the Company’s product candidates, including statements regarding the timing of any NDA submission; the Company’s ability to successfully defend its intellectual property or obtain the necessary licenses at a cost acceptable to the Company, if at all; the Company’s ability to successfully resolve any intellectual property litigation, and even if such disputes are settled, whether the applicable federal agencies will approve of such settlements; the successful implementation of the Company’s research and development programs and collaborations; the success of the Company’s license agreements; the acceptance by the market of the Company’s products and product candidates, if approved; the Company’s anticipated capital requirements, including the amount of capital required for the commercialization of SUNOSI, AUVELITY, and SYMBRAVO and for the Company’s commercial launch of its other product candidates, if approved, and the potential impact on the Company’s anticipated cash runway; the Company’s ability to convert sales to recognized revenue and maintain a favorable gross to net sales; unforeseen circumstances or other disruptions to normal business operations arising from or related to domestic political climate, geo-political conflicts or a global pandemic and other factors, including general economic conditions and regulatory developments, not within the Company’s control. The factors discussed herein could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
American Psychiatric Association, Diagnostic and Statistical Manual of Mental Disorders, 5 ed., Arlington, VA: American Psychiatric Publishing, 2013.Brown TE. ADD/ADHD and Impaired Executive Function in Clinical Practice. Curr Psychiatry Rep. 2008 Oct;10(5):407-11.Nestler E., Hyman S., and Malenka R. Molecular Neuropharmacology: A Foundation for Clinical Neuroscience, Second Edition, 2nd ed., New York: McGraw-Hill Professional, 2008.Facts About ADHD in Adults. CDC. 2024.Data and Statistics on ADHD. CDC. 2024.Sibley MH et al. Variable Patterns of Remission From ADHD in the Multimodal Treatment Study of ADHD. Am J Psychiatry. 2022 Feb;179(2):142-151.Schein J et al. Economic burden of attention-deficit/hyperactivity disorder among adults in the United States: a societal perspective. J Manag Care Spec Pharm. 2022 Feb;28(2):168-179.
RESTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today that it has received a ceiling increase valued at more than $140.5 million for the remaining three years of its existing five-year contract to continue providing comprehensive forensic exploitation support to the U.S. Army Development Command (DEVCOM) Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) Center. With this increase, the total contract value will be.
FICO’s Homeownership Survey shows that 74% of prospective buyers report being financially blocked from buying a home this year amid current interest rates and rising home prices
BOZEMAN, Mont.--(BUSINESS WIRE)--FICO (NYSE:FICO), global analytics software leader, today announced the results of the FICO Homeownership Survey, a new study that uncovers the financial barriers, knowledge opportunities and behavioral shifts impacting prospective homebuyers (defined as Americans who plan to buy a home in the next 12 months). From high home prices and rising interest rates, prospective buyers – especially first-time homebuyers – are facing multiple financial and economic stressors and as a result, report struggling to unlock their dreams of homeownership.
FICO’s Homeownership Survey shows most Americans who don’t own a home say homeownership feels out of reach
Share The research, conducted by The Harris Poll on behalf of FICO, also found that prospective homebuyers are eager for tools and financial education to help them feel more prepared to enter the market.
“Buying a home is one of the most significant financial decisions a person can make, yet for many Americans, rising home prices and interest rates are putting that goal further out of reach," said Jenelle Dito, vice president of consumer empowerment and partnership at FICO. “These economic pressures aren't just discouraging buyers — they're fundamentally changing how Americans plan and prepare for this milestone. Prospective buyers, especially those entering the market for the first time, are delaying plans, adjusting expectations and navigating a process that many find confusing.”
Key findings from the FICO Homeownership Survey include:
Homeownership Feels Out of Reach for Most Americans Who Don’t Own a Home: Americans most commonly say owning a home represents independence (57%) and financial stability (53%), while first-time homebuyers (defined as those who have never owned a home) most commonly see it as achieving a major life milestone (49%). Yet despite these aspirations, 62% of Americans who don’t currently own a home — and 57% of first-time homebuyers — say homeownership feels out of reach for them today. Just 15% of Americans plan to buy a home in the next 12 months. High Home Prices and Interest Rates Are the Top Barriers: Three quarters (74%) of prospective homebuyers, and 85% of first-time homebuyers, say financial obstacles have prevented them from buying a home this year, with high home prices (34%) and high interest rates (33%) ranking as the top two barriers. Financial pressures are causing 74% of prospective homebuyers — and 85% of first-time homebuyers — to delay or reconsider their plans to purchase in the next 12 months. Rising interest rates alone have influenced the home-buying decisions of 51% of all Americans, 73% of prospective homebuyers and 81% of first-time homebuyers, with many either exploring more affordable markets (18%, 30%, 34%, respectively) or pausing their plans altogether (20%, 30%, 26%, respectively). Confusion About the Homebuying Process and Credit Exist: Nearly 3 in 5 Americans (59%) say they don't completely understand the steps involved in buying a home — a figure that rises to 64% among first-time homebuyers. At the same time, the overwhelming majority (85%) of Americans view credit score management as a wealth-building strategy, not just a borrowing tool. And, while 84% of Americans claim to understand how their credit score affects mortgage eligibility, about 1 in 5 (22%) underestimate or are unsure of its impact on mortgage rates. This confusion may be influencing the financial inaction of Americans as 17% of prospective homebuyers haven't taken steps to improve their credit score ahead of a purchase, and more than a quarter (26%) haven't encouraged their co-applicant to do the same. “The path to homeownership starts with understanding your financial readiness, yet our research shows many Americans — particularly first-time buyers — are still navigating that process without clear guidance,” added Dito. “Consumers don’t need to wait to take action. By better understanding their FICO Score and the role it plays in mortgage access and affordability, they can start building a stronger foundation for homeownership.”
For more on FICO’s Homeownership Survey, click here: https://www.fico.com/blogs.
FICO has a longstanding commitment to empowering people and economies through financial literacy. In addition to this curriculum and live SABF Fundamentals workshops, FICO provides resources to help people enhance their financial literacy, understand credit and make empowered decisions. This includes in-person and webinar workshops, credit education materials and tools, as well as the myFICO website and app that enable consumers to check and monitor their FICO® Score for free.
For more information about FICO’s credit empowerment programs, visit https://www.fico.com/empowerment.
Survey Method
This survey was conducted online within the United States by The Harris Poll on behalf of FICO from June 4-8, 2026 among 3,047 U.S. adults ages 18 and older, among whom 449 plan to buy a home in the next 12 months, of which 175 are first-time homebuyers. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 2.7 percentage points using a 95% confidence level. This credible interval will be wider among subsets of the surveyed population of interest. For complete survey methodology, including weighting variables and subgroup sample sizes, please contact [email protected].
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 U.S. and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top U.S. lenders, is the standard measure of consumer credit risk in the U.S. and has been made available in over 40 other countries, improving risk management, credit access and transparency.
Learn more at https://www.fico.com
Join the conversation at https://x.com/FICO_corp & https://www.fico.com/blogs
For FICO news and media resources, visit https://www.fico.com/en/newsroom
FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.
On July 07, 2026, we delve into the DCF analysis for PNC Financial Services Group Inc PNC. The company has shown a strong price performance with a year-to-date increase of 23.2% and a one-year increase of 33.1%. Here are some key points to consider:
DCF Earnings-based intrinsic value of $247.27 compared to the current price of $253.18 (margin of safety: -2.4%) DCF FCF-based intrinsic value of $223.58 compared to the current price (second opinion: -13.2% margin of safety) GF Score™ of 78/100 indicates a reliable assessment of the DCF inputs What Is PNC Worth? DCF Earnings-Based Model The DCF earnings-based model for PNC utilizes a two-stage approach, considering both a growth phase and a terminal phase. The current EPS is $17.16, and we expect an 8.4% growth rate over the next 10 years. The discount rate is set at 11%, which combines the risk-free rate and equity risk premium.
Parameter Value Current EPS (TTM, excl. non-recurring) $17.16 10-Year Growth Rate 8.4% 10-Year Treasury Rate 4.49% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% In the growth phase (Years 1-10), the EPS is expected to grow at 8.4% per year, discounted at 11%. The terminal phase (Years 11-20) assumes a slower growth rate of 4%, also discounted at 11%. The calculation summary is as follows:
Stage Description Value Growth Stage (Years 1-10) EPS growing at 8.4%, discounted at 11% $150.98 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $96.29 Intrinsic Value Growth + Terminal $247.27 Comparing the current price of $253.18 with the intrinsic value of $247.27 indicates that PNC is fairly valued, with a margin of safety of -2.4%. It is important to note that GuruFocus uses EPS excluding non-recurring items, as research shows that stock prices correlate more closely with earnings than with free cash flow. For a detailed calculation, visit the PNC DCF Calculator.
What Does the Free Cash Flow DCF Say? The free cash flow (FCF)-based intrinsic value for PNC is calculated at $223.58. When comparing this with the earnings-based intrinsic value of $247.27, we see a divergence in the valuations. The FCF model suggests a fair valuation status with a margin of safety of -13.2%, indicating that the stock may be overvalued based on cash flow metrics.
How Does GF Value™ Compare to the DCF Models? The GF Value™ for PNC stands at $203.53, providing a third perspective on the valuation. GF Value™ is GuruFocus' proprietary measure, calculated from historical trading multiples, past business growth, and future performance estimates. The three models present a consensus of fair valuation, although the GF Value™ suggests a more conservative outlook compared to the DCF models. For more insights, visit the GF Value™ page.
What Does PNC's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns (backtested 2006-2021).
Metric Rating GF Score™ 78/100 Financial Strength 3/10 Profitability 6/10 Growth 8/10 Valuation 6/10 Momentum 8/10 With a predictability rank of 2/5 stars, it suggests that the DCF model may be less reliable for this stock. For further details, visit the PNC stock page.
Key Assumptions and Limitations It is essential to recognize that DCF models are highly sensitive to growth rate and discount rate assumptions. Stocks with low predictability ratings tend to produce less reliable DCF estimates. The terminal growth rate of 4% is a simplifying assumption that may not hold true in all market conditions.
What This Means for Investors In synthesizing the three valuation models—DCF earnings, DCF FCF, and GF Value™—the consensus indicates that PNC is fairly valued, albeit with slight indications of overvaluation based on FCF metrics. For the full DCF analysis, visit the PNC DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.
Frequently Asked Questions What is PNC's intrinsic value based on DCF?
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
A Personalized, Customizable Experience Powered by Secure, Scalable Technology
, /PRNewswire/ -- PNC today announced the launch of its new Mobile Banking app, a modernized platform that delivers a personalized, secure and high-performing digital experience to help retail clients seamlessly manage their financial lives.
Put your favorite features front and center with customizable navigation, enhanced by an intuitive dark mode experience.
Put your favorite features front and center with customizable navigation, enhanced by an intuitive dark mode experience. PNC is introducing the new app through a phased rollout to ensure a seamless transition for clients. To-date, clients in several markets – including all recently converted FirstBank customers – have received access to the new platform, with all clients expected to be introduced to the modernized experience by the end of summer. The rollout follows the launch of PNC TotalRewards and the ongoing buildout of more than 300 new branches nationwide, reflecting PNC's focus on building lifelong, holistic relationships that help clients manage their financial lives where, when and how they want.
"Our new mobile app puts clients at the center of the experience," said Alex Overstrom, head of Retail Banking at PNC. "We've created a flexible platform that allows clients to manage their money, their way. By combining modern design, integrated rewards and advanced technology, we will deliver a more personalized and complete mobile banking experience."
Personalized Banking Experience
The new PNC Mobile app introduces a streamlined interface with improved navigation, faster load times and a highly customizable design that adapts to each user. Clients can tailor the app by organizing and prioritizing accounts, adjusting their dashboard, and selecting display preferences such as light or dark mode, as well as language options. This flexibility enables clients to interact with their money on their own terms.
The updated design reflects direct client feedback and introduces a cleaner layout, intuitive navigation and interactive elements that make it easier to move through the app and complete tasks efficiently. These enhancements create a more responsive and engaging experience while maintaining familiarity across devices.
Built on Modern Technology Leveraging Agentic Software Development
The PNC Mobile app is powered by a next-generation technology platform designed for speed, scalability and continuous innovation. Built using PNC's agentic development system and leveraging PNC's patented data-streaming microservices-based architecture, the mobile app can be rapidly updated and enhanced with new features and capabilities reflecting client feedback and PNC innovation.
"The new app reflects a fundamental shift in how we build and deliver digital experiences," said Tom Kunz, head of Retail Digital and Payments. "By leveraging modern engineering practices and next-generation technology, we've created a scalable foundation that allows us to rapidly innovate and optimize the mobile experience for our clients."
The platform is designed to support embedded generative AI capabilities that will further personalize the client experience, including intelligent assistance, proactive insights and enhanced self-service functionality that will be expanded over time. The app is further strengthened by PNC's access to advanced frontier AI models which are used to enhance the fidelity, safety and resiliency of the software development process. This capability enables a higher degree of precision in how software is designed, tested and validated to help ensure that rapid innovation is matched by rigorous security controls and production-grade quality.
Driving Engagement, Scale, and Growth
PNC's existing mobile platform, which serves 8 million clients and 150 million monthly sessions, has been expanding rapidly, with active users growing 8% year-over-year in the first quarter. The modernization is expected to further accelerate adoption and usage by making it even easier for clients to bank with PNC digitally.
Taking an omni-channel approach, PNC has prepared its branch network, business banking teams and customer care centers to support clients throughout the transition. In-app tutorials and guided experiences are designed to help users quickly become familiar with the updated navigation and features, ensuring a smooth and confident onboarding to the new platform.
"Each enhancement is grounded in how clients actually bank day-to-day," said Overstrom. "From faster interactions to more intuitive navigation, we're delivering a mobile experience that feels simple, responsive and built around real financial needs."
Clients will automatically receive the new experience through the Apple App Store or Google Play as it becomes available to them. No action is required beyond ensuring the app is kept up to date.
PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com.
Ciena benefits from unprecedented demand for optical connectivity, driving revenue acceleration, expanding backlog, and improving gross margins. CIEN's backlog surged 47% to $2.3B, with rapid revenue flow-through and strong demand for coherent pluggables and multi-rail line systems. Gross margin guidance has increased to nearly 45%, with operating margins projected at 19% adjusted, reflecting robust pricing power and operational leverage.
CAYMAN ISLANDS--(BUSINESS WIRE)--Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, released its monthly metrics for June 2026 on Tuesday, July 7, 2026. Monthly Metrics Report for June 2026 (Unaudited) 2025 2026 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun (B - in billions) Trading Volume ($B) Spot - BTC 34.6 30.9 43.2 39.2 32.8 19.9 20.8 18.2 16.4 38.2 38.4.
MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, will release second quarter earnings before the market opens Friday, Aug. 7. The company will host an audio webcast at 10 a.m. EDT at investors.sylvamo.com. To participate in Q&A, use the analyst registration to receive a unique passcode. Replays will be available at investors.sylvamo.com for one year. About Sylvamo Sylvamo (NYSE: SLVM) is the world's paper company with mills in Europe, Latin America and North.
, /PRNewswire/ -- Leidos (NYSE: LDOS) today announced it has scheduled a conference call for Tuesday, August 4, 2026, at 8 a.m. (ET) to announce its second quarter 2026 financial results for the period ending July 3, 2026, with the company planning to issue its quarterly earnings press release before the call.
The details for the earnings conference call follow:
Date: August 4, 2026
Time: 8 a.m. (ET)
The company offers a live and replay audio broadcast of the conference call with corresponding press release, presentation materials, and supplemental information at http://ir.leidos.com. To listen via telephone, please follow this link.
An archived version of the webcast will be available on the Leidos Investor Relations website at http://ir.leidos.com until August 4, 2027.
About Leidos:
Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Headquartered in Reston, Virginia, with approximately 50,000 global employees, Leidos reported annual revenues of approximately $17.2 billion for the fiscal year ended January 2, 2026. For more information, visit www.leidos.com.
Media contact:
Brandon Ver Velde
571.526.6257
[email protected]
Investor Relations:
Stuart Davis
571.526.6124
[email protected]
, /PRNewswire/ -- Hamilton Lane Incorporated (Nasdaq: HLNE) is scheduled to release financial results for the first fiscal quarter ended June 30, 2026 before the market opens on Tuesday, August 4, 2026. A copy of the earnings release and full detailed presentation will be available on the Hamilton Lane Shareholders website at https://shareholders.hamiltonlane.com/.
Hamilton Lane will host a conference call via webcast at 11:00 a.m. ET on August 4 to discuss the results for the first fiscal quarter. For access to the live event via the webcast, visit Hamilton Lane's Shareholder's website by clicking here (https://shareholders.hamiltonlane.com/) at least 15 minutes prior to the start of the call. This feature will be in listen-only mode.
A replay of the webcast will be available approximately two hours after the live broadcast for a period of one year, and can be accessed in the same manner as the live webcast on the Hamilton Lane Shareholders website.
About Hamilton Lane
Hamilton Lane (Nasdaq: HLNE) is one of the largest private markets investment firms globally, providing innovative solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs approximately 785 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has $1 trillion in assets under management and supervision, composed of $141.8 billion in discretionary assets and $905.3 billion in non-discretionary assets, as of March 31, 2026. Hamilton Lane specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors and geographies. For more information, please visit our website or follow Hamilton Lane on LinkedIn.
CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE: CHPT), a global leader in electric vehicle (EV) charging solutions, today announced an expansion of its partnership with Optimus Energy Solutions, a U.S.-based charge point operator (CPO), to grow its network of public charging ports in the southeastern United States by more than 200 new ports. ChargePoint will serve as the exclusive solutions provider, delivering hardware, software, and services to support Optimus' growing charging network,.
Newcomers like Tampa and Myrtle Beach reinforce importance of pest preparedness ahead of busy travel season
, /PRNewswire/ -- As summer travel ramps up, Orkin's 2026 Bed Bug Cities List highlights several destinations experiencing increased bed bug activity, including the addition of high-growth vacation destinations Tampa and Myrtle Beach. Chicago retained its position as the nation's city with the highest rate of bed bug infestations, with Los Angeles, Detroit, Cleveland and Indianapolis rounding out the top five.
Ohio is the most represented state on this year's list with six cities ranking in the top 50, reinforcing a broader trend of Midwestern cities appearing among the nation's bed bug hotspots. While bed bugs can be found anywhere people live and travel, densely populated cities and environments with high resident and visitor turnover, such as apartments, dormitories and hotels, can create more opportunities for the pests to spread simply due to the movement of high numbers of people.
Many cities where bed bug activity has been the worst in the last year are also some of the country's most popular travel destinations and are expected to welcome large numbers of visitors for major concerts, festivals and sporting events throughout the summer and beyond. As visitors move through hotels and other accommodations, Orkin encourages vigilance against bed bugs, which can hitchhike home in luggage and other personal belongings. Knowing how to inspect hotel rooms and luggage before unpacking can help prevent an unwanted souvenir from making the trip home.
This year's rankings are based on treatment data from metro areas where Orkin performed the most bed bug treatments from May 12, 2025, to May 12, 2026. The list includes both residential and commercial bed bug treatments.
1. Chicago
20. Flint, Mich. (-4)
2. Los Angeles (+2)
21. Atlanta (-4)
3. Detroit
22. Philadelphia (+3)
4. Cleveland, Ohio (-2)
23. Dallas (+1)
5. Indianapolis
24. Oklahoma City, Okla. (+10)
6. Springfield, Ill. (+3)
25. Cedar Rapids, Iowa (-5)
7. Washington, D.C. (-1)
26. Hartford, Conn. (+9)
8. Columbus, Ohio
27. Charlotte, N.C. (+5)
9. Pittsburgh (+3)
28. Peoria, Ill. (+5)
10.Grand Rapids, Mich. (-3)
29. South Bend, Ind. (-2)
11. Denver (+3)
30. Seattle (+9)
12. New York (+3)
31. Richmond, Va. (-3)
13. Milwaukee (-3)
32. Youngstown, Ohio (-10)
14. Baltimore (-3)
33. Greenville, S.C. (-3)
15. Cincinnati (-2)
34. Nashville (+10)
16. Raleigh, N.C. (+7)
35. Buffalo (+2)
17. St. Louis (+1)
36. Omaha, Neb. (-10)
18. Charleston, W. Va. (+1)
37. San Francisco (+5)
19. Davenport, Iowa (+2)
38. Dayton, Ohio (+5)
39. Norfolk, Va. (-8)
45. Fort Wayne, Ind. (-7)
40. Knoxville, Tenn. (-11)
46. Tampa, Fla. (new to top 50)
41. San Diego (+8)
47. Miami (-6)
42. Toledo, Ohio (-6)
48. Minneapolis (-8)
43. Las Vegas (+3)
49. Kansas City, Mo. (new to top 50)
44. Syracuse, N.Y. (+6)
50. Myrtle Beach, S.C. (new to top 50)
"Travel season brings excitement, but it also makes awareness especially important," said Dr. Shannon Sked, Orkin entomologist and National Technical Director. "Bed bugs are resilient pests that can be difficult to control once introduced into a home or hotel room, and they are skilled at hiding in cracks, crevices and personal belongings. A quick inspection of hotels or short-term rentals while traveling, or belongings before unpacking at home, can help travelers reduce the chance of bringing bed bugs home."
Several cities saw notable shifts this year, including Nashville and Oklahoma City, which each climbed 10 spots, while Youngstown, Omaha and Knoxville recorded some of the largest declines. These year-over-year changes highlight the persistent and evolving nature of bed bug activity across the nation.
Know before you go: Bed bug prevention tips
Bed bugs are notoriously difficult to detect because they are tiny. Adults measure just 3/16 inch long, while immature nymphs are even smaller, and their flattened bodies allow them to hide in hard-to-spot locations. Primarily nocturnal, these blood-feeding pests often target sleeping humans and can easily spread by hitchhiking on luggage, purses and other personal belongings.
Because bed bugs can remain hidden for weeks before being discovered, travelers may unknowingly bring them home and not realize until long after a trip has ended. Orkin recommends the following steps to help prevent travelers from accidentally spreading bed bugs in 2026.
During travel, remember the acronym S.L.E.E.P. to inspect for bed bugs:
Search the room for signs of infestation, looking for bed bugs, which are small, flat, oval-shaped insects that are reddish-brown and about the size of an apple seed as adults but almost translucently cream colored as nymphs. Other signs of bed bugs include ink-like speckled stains on fabrics, shed exoskeletons around crevices of beds and furniture and a sweet, musty smell. Lift sheets, curtains and cushions to check for bed bugs or signs of bed bugs before settling in. Elevate your luggage onto racks and keep it away from the bed or other furniture. Examine your luggage carefully while repacking and again when you return home. Place all dryer-safe clothing from your luggage in the dryer for 30 to 45 minutes at the highest heat setting upon returning home. "Changes in the rankings can be influenced by a variety of factors such as travel trends, treatment resistance strains and educational campaigns to the public. Still, one thing remains constant: bed bugs continue to be a concern in communities across the United States, regardless of socioeconomic demographics, sanitation facilities maintenance levels. Because infestations rarely resolve on their own, addressing signs of bed bugs early can help limit their spread and make treatment more effective," said Sked. "If there's any sign of bed bugs, it's important to involve a trained professional, like the Pros at Orkin, right away."
With 125 years of experience managing bed bugs and access to state-of-the-art tools and products, Orkin is well-equipped to assess bed bug problems, provide training for hospitality teams and implement strategic treatment plans to help rid homes and businesses of infestations while delivering lasting protection.
For more information about bed bug prevention and bed bug control, visit Orkin.com.
About Orkin, LLC
Founded in 1901, Atlanta-based Orkin is an industry leader in essential pest control services and protection against termite damage, rodents and insects. Orkin has 358 owned and operated branch offices and 47 franchises in the U.S. The company also has international franchises and subsidiaries in Canada, Europe, Central America, South America, the Caribbean, the Middle East, Asia, the Mediterranean, Africa, and Mexico. Orkin is committed to protecting public health by helping prevent and control pests as well as educating consumers on the potential health risks posed by these pests. As such, since 2020, Orkin has partnered with the American Red Cross® to inform the public about the health threats of mosquitoes while boosting our country's blood supply through monetary contributions and blood donations. Orkin is committed to hiring the world's best to help protect the places where we live, work and play. Learn more about careers at Orkin here. Visit Orkin.com for additional information. Orkin is a wholly-owned subsidiary of Rollins Inc. (NYSE: ROL). Follow us on Facebook, Instagram, TikTok and LinkedIn.
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today announced it will release fiscal 2026 second quarter financial results on Thursday, July 30, 2026 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern).
Investor presentation and earnings press release materials will be accessible beginning the morning of the conference call on the Company’s website at ir.sonicautomotive.com.
To access the live webcast of the conference call, please go to ir.sonicautomotive.com and select the webcast link at the top of the page.
To dial in to the conference call via telephone, please dial (877) 407-8289 (domestic) or +1 (201) 689-8341 (international) and ask to be connected to the Sonic Automotive Second Quarter 2026 Earnings Conference Call.
Dial-in access remains available throughout the live call, however, to ensure you are connected for the full call we suggest dialing in at least 10 minutes before the start of the call. A webcast replay will be available following the call for 14 days at ir.sonicautomotive.com.
About Sonic Automotive
For more than 60 years, Sonic Automotive has been a leading automotive dealership franchise guided by a single purpose: to deliver an experience for our guests and our teammates that fulfils dreams, enriches lives, and delivers happiness. As one of the largest automotive and powersports retailers in the United States, we operate a nationwide network of franchised dealerships, EchoPark Automotive locations, and Sonic Powersports stores – serving millions of guests each year with consistency, care, and excellence. Founded in 1966 by Bruton Smith and grown into a Fortune 300 company under the leadership of Chairman and CEO David Smith, Sonic Automotive today represents:
11,000+ teammates 170+ automotive and powersports franchises 145 locations across 90 cities in 21 states Over 7 million vehicles sold Over 40 million service experiences delivered Over 1 million 5-star reviews earned At Sonic Automotive, we believe trust isn’t claimed – it’s earned. That’s why we were recognized by Newsweek as one of 2026 America’s Most Trustworthy Companies. It reflects what we strive to deliver every day: transparency, consistency, and care. Sonic Automotive: Driven By People. Inspired By Purpose.
More information about Sonic Automotive can be found at www.sonicautomotive.com and ir.sonicautomotive.com.
ATLANTA--(BUSINESS WIRE)--NCR Voyix (NYSE: VYX), a platform-powered leader in unified commerce for shopping and dining, today announced an exclusive platform agreement with Pizza Ranch Inc., a leading restaurant chain known for its family-friendly dining experience and franchise network across the United States. Under the agreement, NCR Voyix will serve as Pizza Ranch's exclusive point-of-sale technology partner across corporate-owned restaurants and franchisee locations.Pizza Ranch will deploy.
July 07, 2026 08:00 ET | Source: The Carlyle Group
WASHINGTON and NEW YORK, July 07, 2026 (GLOBE NEWSWIRE) -- The Carlyle Group Inc. (NASDAQ: CG) announced today that it will release financial results for the second quarter 2026 on Wednesday, August 5, 2026, and host a conference call at 8:30 a.m. EDT. The conference call will be available via public webcast from the Events & Presentations section of ir.carlyle.com and a replay will also be available after the call’s completion.
Chief Executive Officer Harvey Schwartz, Chief Financial Officer Justin Plouffe and Head of Public Investor Relations Daniel Harris, will review the results during the call.
The earnings release will be available through all Carlyle channels, including the Earnings Releases section of ir.carlyle.com and the firm’s X and LinkedIn accounts.
About Carlyle
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $475 billion of assets under management as of March 31, 2026, Carlyle’s purpose is to connect people, ideas, and capital to fuel growth for companies and performance for investors. Carlyle employs more than 2,500 people in 28 offices across four continents.
Contacts
Public Investor Relations
Daniel Harris
+1 (212) 813-4527 [email protected]
On July 07, 2026, we present a DCF analysis for Cadence Design Systems Inc CDNS, a company that has shown a price performance of +20.2% year-to-date and +15.0% over the past year. As we delve into the valuation, we note the following:
DCF Earnings-based intrinsic value of $267.30 vs current price of $375.77 (margin of safety: -59.7%) DCF FCF-based intrinsic value of $143.95 vs current price (significantly overvalued with -161.0% margin of safety) GF Score™ of 99/100 indicates a high reliability of the DCF inputs What Is CDNS Worth? DCF Earnings-Based Model The DCF earnings-based model for Cadence Design Systems Inc CDNS uses a two-stage approach to estimate the intrinsic value of the stock. The first stage considers a high growth rate for the initial ten years, while the second stage applies a terminal growth rate for the subsequent ten years. Below are the key assumptions used in this model:
Parameter Value Current EPS (TTM, excl. non-recurring) $7.53 10-Year Growth Rate 21.9% 10-Year Treasury Rate 4.49% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% The growth phase (Years 1-10) assumes that EPS will grow at 21.9% per year, discounted at 11%. The terminal phase (Years 11-20) assumes a slowdown to a 4% terminal growth rate, also discounted at 11%. The calculation summary is as follows:
Stage Description Value Growth Stage (Years 1-10) EPS growing at 21.9%, discounted at 11% $130.66 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $136.64 Intrinsic Value Growth + Terminal $267.30 Comparing the current price of $375.77 to the intrinsic value of $267.30, we find that the stock is modestly overvalued, with a margin of safety of -59.7%. It is important to note that GuruFocus uses EPS excluding non-recurring items because research indicates that stock prices correlate more closely with earnings than with free cash flow. For further details, visit the CDNS DCF Calculator.
What Does the Free Cash Flow DCF Say? The free cash flow (FCF) based intrinsic value for Cadence Design Systems Inc is calculated at $143.95. When comparing this to the earnings-based intrinsic value of $267.30, the two models show a significant disagreement. The FCF-based model indicates that the stock is significantly overvalued, with a margin of safety of -161.0%.
How Does GF Value™ Compare to the DCF Models? The GF Value™ for Cadence Design Systems Inc stands at $378.83, providing a third perspective on valuation. GF Value™ is GuruFocus' proprietary measure, calculated from historical trading multiples, past business growth, and future performance estimates. When we compare all three models, we see that the DCF earnings model and the FCF model suggest overvaluation, while the GF Value™ indicates a slight undervaluation. For more information, visit the GF Value™ page.
What Does CDNS's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns based on backtesting from 2006 to 2021.
Metric Rating GF Score™ 99/100 Financial Strength 7/10 Profitability 10/10 Growth 10/10 Valuation 9/10 Momentum 9/10 The predictability rank of 3/5 stars indicates that the DCF model is moderately reliable for this stock. For more insights, visit the CDNS stock page.
Key Assumptions and Limitations It is essential to recognize that DCF models are highly sensitive to the assumptions made regarding growth rates and discount rates. Stocks with low predictability ratings tend to produce less reliable DCF estimates. The terminal growth rate of 4% is a simplifying assumption that may not reflect future market conditions accurately.
What This Means for Investors In synthesizing the findings from the DCF earnings model, the DCF FCF model, and the GF Value™, we conclude that Cadence Design Systems Inc is overvalued based on the current market price compared to the intrinsic values derived from both DCF models. The GF Value™ provides a slightly different perspective but still aligns with the overall conclusion of overvaluation.
For the full DCF analysis, visit the CDNS DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.
Frequently Asked Questions What is CDNS's intrinsic value based on DCF?
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
Investors who saw Marvell (NASDAQ: MRVL) stock’s early 2025 crash amidst a wider semiconductor boom as a buying opportunity and purchased the equity in the summer of that year would have, by July 7, 2026, seen remarkable returns on their trade.
Specifically, MRVL shares were changing hands at $71.55 on July 7, 2025, while, at press time, they stand 229.11% higher at $235.48. Thanks to the rally, $1,000 worth of Marvell stock bought a year ago would have turned into a stake worth $3,291.13 for a $2,291.13 profit.
Marvell stock price 12-month chart. Source: Google For comparison, the same amount invested in the S&P 500 benchmark index would have grown by $209.90 to $1,209.90.
Still, despite its success, an MRVL trade 12 months ago would have been less successful than buying Intel (NASDAQ: INTC) – which is up 455% within the timeframe – or AMD (NASDAQ: AMD) – which rallied 309% – though it would have beaten an Nvidia (NASDAQ: NVDA) investment as the world’s largest company is up 23%.
Additionally, purchasing any chipmaker would have been a worse investment than seeking profits in the memory sector, given the 52-week strength of companies such as SanDisk (NASDAQ: SNDK).
What is next for Marvell Stock in 2026 Elsewhere, despite Marvell stock remaining significantly higher than it stood a year ago or even at the start of 2026, it suffered a substantial correction from its June highs.
Indeed, MRVL shares saw their rally accelerate at the very end of May as Nvidia CEO Jensen Huang opined the firm could become the world’s next trillion-dollar company, leading to a rapid rise from approximately $205 to an all-time high (ATH) of $329.88.
The upsurge, however, proved unsustainable, with Marvell’s rise being closely linked with other major technology firms involved with the artificial intelligence (AI) rally and with the entire industry hitting a rough patch in the sixth month of 2026.
Indeed, retail and enterprise backlash in the way AI usage was billed triggered a destabilizing debate over the costs and benefits of the technology and led to widespread allegations that corporations were shifting their approach from maximizing to minimizing token usage.
By early July, reports that Meta Platforms (NASDAQ: META) is considering starting to rent out its excess capacity provided additional headwinds since they called into question the actual balance between compute supply and demand following, on the one hand, setbacks in data center construction, and, on the other, the vast capital expenditures dedicated to said infrastructure.
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, /PRNewswire/ -- Nelnet Campus Commerce, a Nelnet company (NYSE: NNI) and a leading provider of payment technology for higher education, today announced a strategic partnership with Atrium Campus, the premier provider of cloud-native campus card and mobile credential management solutions. The partnership connects two technology-forward companies serving higher education institutions, with a shared focus on improving operational efficiency and the student experience.
Nelnet Campus Commerce serves more than 1,100 institutions nationwide with PCI Level 1-validated payment technology that integrates with every major ERP system. Atrium Campus serves institutions ranging from 300 to more than 150,000 users, providing a mobile-first, cloud-native, and agnostic platform that unifies campus card management, mobile credentials, access control, meal plans, dining point of sale, mobile ordering, and online account management. With more than 300 technology partners, Atrium has built a highly connected campus ecosystem.
"At Nelnet Campus Commerce, we believe the campus financial experience should extend beyond the billing statement," said Jackie Strohbehn, President of Nelnet Campus Commerce. "Partnering with technology-forward companies like Atrium Campus is how we expand access and operational efficiency to every corner of campus. This is about building an ecosystem that works better for administrators and students alike."
For higher education financial administrators, bursars and Chief Financial Officers managing increasingly complex campus operations, the partnership represents a meaningful expansion of the technology networks available through both platforms. Atrium's cloud-native architecture is designed to replace legacy proprietary campus card systems with flexible, lower-cost solutions built for today's mobile-first student population. Nelnet Campus Commerce brings decades of experience and a deeply integrated payment infrastructure trusted by institutions of all sizes.
"Great partnerships are built on shared values and a common vision for impact. Atrium's partnership with Nelnet doubles down on our commitment to offer our clients best-of-breed partners that support them in meaningful ways," said Sami Takieddine, Director of Partnerships at Atrium. "We're excited to partner with the Nelnet team and will work to closely integrate our solutions in the coming months to create more options for Atrium clients that ease the administrative, day-to-day burden facing campuses of all sizes."
About Nelnet Campus Commerce
Nelnet Campus Commerce (campuscommerce.com) delivers payment technology for a smarter campus. Products use the latest technology to create a unique and integrated payment experience for more than 1,100 campuses across the country. The intuitive and secure solutions are PCI Level 1-validated and integrate with every major ERP. From payment processing and refunds to tuition payment plans and online storefronts, Nelnet Campus Commerce helps process every payment on campus.
About Atrium Campus
Atrium Campus is the premier provider of cloud-native, non-proprietary campus card and mobile credential management solutions, serving education, business, government, senior living and healthcare institutions ranging from 300 to more than 150,000 users. The company provides comprehensive one-card solutions that unify access control, meal plan, payments, activities and campus services into seamless mobile-first user experiences. Learn more at atriumcampus.com.