Imugene Ltd (ASX:IMU, OTC:IUGNF, FRA:ILA) is raising about A$11.12 million before costs through a two-tranche placement, strengthening its balance sheet as it advances its lead cell therapy asset azer-cel through key clinical and regulatory milestones.
The placement follows positive early clinical data from Cohort 3 of Imugene’s ongoing Phase 1b azer-cel study, where the first two evaluable patients in the concurrent BTKi combination cohort achieved complete responses.
The placement will involve the issue of about 117.1 million new fully paid ordinary shares at A$0.095 per share to sophisticated, professional and institutional investors. It was strongly supported by new and existing institutional investors. Placement participants include an international, commercial-stage biopharmaceutical company, which subscribed for about 14% of the placement, subject to shareholder approval.
Funding into CY2027 The placement is expected to provide funding into CY2027, with proceeds to be used primarily for the continued development of azer-cel.
Funds will support the expansion of Cohort 2, covering CAR-T naïve indications, and Cohort 3, covering the BTKi combination arm, as well as regulatory engagement, manufacturing scale-up and general working capital.
Tranche 1 is expected to raise A$7 million through the issue of about 73.7 million new shares, while Tranche 2 will raise A$4.1 million through the issue of 43.4 million new shares, subject to shareholder approval where required.
Complete responses sharpen clinical focus Recent clinical progress has centred on Imugene’s concurrent BTKi combination cohort in its Phase 1b azer-cel study.
On June 30, 2026, Imugene announced that a BTKi-refractory follicular lymphoma patient had achieved a complete response at Day 28. A day later, the company announced a second complete response in the first mantle cell lymphoma patient treated in the study, taking the response rate to 2/2 evaluable patients in that cohort.
Managing director and CEO Leslie Chong said: “The first two evaluable patients in our concurrent BTKi combination cohort have both achieved complete responses, providing a strong early clinical signal for azer-cel in a therapeutic class worth more than US$12 billion annually. This Placement funds a series of important clinical data readouts over the next 6–12 months, including presentations at ASH and ASCO, while supporting our ongoing business development activities and continued discussions with potential pharmaceutical partners. We thank our shareholders, new investors and Directors for their ongoing support as we advance azer-cel towards a registrational pathway”.
About azer-cel Azer-cel, or azercabtagene zapreleucel, is Imugene’s lead off-the-shelf, allogeneic CAR-T therapy targeting CD19 for the treatment of blood cancers.
Imugene said BTK inhibitors are an established standard of care across multiple B-cell malignancies, with published studies supporting the rationale for combining BTK inhibition with CAR-T therapy. The company said its early results provide the first clinical evidence supporting this approach with azer-cel, an allogeneic CAR-T therapy.
Further patient readouts are expected across the BTKi and CAR-T naïve cohorts over the next 6–12 months, with potential data presentations anticipated at ASH 2026 and ASCO 2027.
SummaryCompaniesLuxshare prices Hong Kong listing at top of marketed range of HK$63.28/shareProceeds to fund expansion, AI-driven factory upgrades and debt repaymentShares due to start trading in Hong Kong on July 9July 7 (Reuters) - China-headquartered Luxshare Precision Industry (002475.SZ), opens new tab said on Tuesday it had priced its Hong Kong listing at the top end of its marketed range, looking to raise about HK$24.27 billion ($3.09 billion).
The Shenzhen-listed Apple (AAPL.O), opens new tab supplier said the offer price was determined at HK$63.28 per H-share, and would sell 383.5 million shares.
Make sense of global markets with the Trading Day newsletter. Sign up here.
The proceeds would be used to expand manufacturing capacity in automotive and consumer electronics, fund AI-driven factory upgrades, repay debt and support working capital, according to Luxshare's prospectus.
A significant portion is earmarked for automotive electronics, as Luxshare pushes deeper into the fast-growing intelligent vehicle supply chain.
"Luxshare's HK IPO is interesting because it comes at a time when global equity markets are still riding the AI euphoria," said Lukman Leong, analyst at Doo Financial Futures, a brokerage.
"I see the IPO as benefiting from the current positive market sentiment toward AI and technology supply chains, while also reflecting HK's renewed appeal as the preferred international fundraising venue for Chinese companies."
Luxshare is among the five Chinese technology and advanced manufacturing companies that launched Hong Kong listings last week.
The first half of 2026 has seen about $22.45 billion in new listings in Hong Kong, up nearly 57% from a year earlier and marking the busiest start to a year for the city in five years, according to LSEG data.
The strong activity has helped make Hong Kong one of the world's busiest venues for new share sales this year, as improving investor sentiment and robust demand encourage technology and manufacturing companies to raise capital.
The company said it expects to announce the level of investor demand for its international offering on July 8, with trading of its shares beginning the following day.
Founded by Chinese billionaire Wang Laichun, Luxshare is one of Apple's largest suppliers and manufactures routers, wireless charging modules and video-conferencing equipment.
In a separate exchange filing, Chaozhou Three-Circle (300408.SZ), opens new tab, an electronic ceramic materials maker, priced its H-share listing at HK$100.30 to raise about HK$7.16 billion.
($1 = 7.8425 Hong Kong dollars)
Reporting by Rajasik Mukherjee in Bengaluru; Editing by Ronojoy Mazumdar and Vijay Kishore
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Apple’s Discounts Boost Market ShareAccording to Counterpoint Research, Apple’s iPhone sales fell 9% year over year during the four-week 618 promotional period, despite a strong sequential rebound.
The company began promotions about a month before the annual shopping festival, offering savings of up to 2,000 yuan (about $290) on the iPhone 17 Pro series through official discounts, e-commerce platform incentives, and trade-in offers. Those promotions helped Apple climb to the No. 2 spot in China’s smartphone rankings.
The research firm said the year-over-year decline reflected tougher comparisons, as Apple had run even more aggressive promotions for the iPhone 16 series during last year’s 618 event.
China’s Smartphone Market Faces Broad SlowdownThe broader Chinese smartphone market remained under pressure. Counterpoint estimated total smartphone sales fell 13% from a year earlier during the promotional period as rising memory prices forced manufacturers to raise prices and scale back discounts. The weaker promotional environment dampened already soft consumer demand.
Huawei Outperforms RivalsHuawei was the standout performer, becoming the only major smartphone brand to post year-over-year growth. The company captured a 21% market share, driven by strong demand for the Enjoy 90 Pro Max and solid performance from the Mate 80.
Counterpoint also noted that Chinese Android vendors, including OPPO, HONOR, vivo and Xiaomi, all posted double-digit sales declines as manufacturers prioritized profitability over aggressive discounting.
Counterpoint Sees More Weakness AheadLooking ahead, Counterpoint expects China’s smartphone market to weaken further in the second half of 2026. The firm said vendors and supply chain partners have signaled that higher prices are likely to persist, while manufacturers continue adopting a profit-first strategy and trimming shipment plans. As a result, Counterpoint forecasts a double-digit decline in China’s smartphone shipments for the full year.
Apple Stock Technical AnalysisApple continues to trade well above its major moving averages, signaling a strong long-term uptrend. The stock sits 6.8% above its 20-day simple moving average, 7% above its 50-day SMA, 13.6% above its 100-day SMA and 16.2% above its 200-day SMA.
The 20-day SMA remains above the 50-day SMA, while the 50-day stays above the 200-day SMA, reinforcing a bullish “golden cross” formation.
Momentum indicators also remain constructive. The moving average convergence divergence (MACD) indicator is above its signal line, suggesting buyers continue to control the near-term trend despite the stock’s extended rally.
On the upside, resistance is near $317.50, close to Apple’s 52-week high of about $317.40. A decisive move above that level could attract additional buying interest. On the downside, initial support sits around $287.50, near the rising 20-day and 50-day moving averages.
Apple Earnings And Analyst OutlookApple is scheduled to report quarterly earnings on July 30. Wall Street expects earnings of $1.89 per share, up from $1.57 a year earlier, on revenue of $108.86 billion compared with $94.04 billion in the prior-year period.
The stock trades at about 37.9 times earnings, reflecting a premium valuation.
Analysts maintain a consensus Buy rating with an average price forecast of $324.16. Recent analyst moves include Evercore ISI reiterating an Outperform rating with a $365 price forecast, KGI Securities downgrading the stock to Hold with a $315 price forecast, and Bank of America maintaining a Buy rating with a $380 price forecast.
Apple Price ActionAAPL Stock Price Activity: Apple shares were up 0.65% at $314.68 during premarket trading on Tuesday, according to Benzinga Pro data.
Photo via Shutterstock
Market News and Data brought to you by Benzinga APIs
Space Exploration Technologies (SPCX 0.99%) is Elon Musk's $2 trillion space transportation, satellite internet connectivity, and artificial intelligence (AI) company. Over the past few months, SpaceX has announced a series of deals to rent its excess data center capacity to other AI developers for a lucrative fee, which could amount to billions of dollars in monthly revenue.
According to a Bloomberg report last week, Facebook and Instagram parent company Meta Platforms (META +3.12%) is looking to make a similar move. It has aggressively built AI infrastructure over the past few years to train its Llama models, but it appears CEO Mark Zuckerberg wants to unlock a new revenue stream by renting out its spare computing capacity to other developers.
This could be a highly profitable move for Meta, and it comes at a time when its stock trades at a discount to the broader market. However, there is at least one concern worth considering.
Image source: The Motley Fool.
AI transformed Meta's advertising business More than 3.5 billion people visit at least one of Meta's social media apps every day, and as that number approaches half the world's population, it's becoming harder to find new users. Ordinarily, that would mean the company would face stagnant growth in its advertising business, but it's getting around that challenge by using AI to boost engagement instead.
Meta uses AI in its recommendation algorithms to show users more of the content they enjoy viewing, and that approach is keeping them online for longer periods of time. As a result, each user is seeing more ads, and Meta is making more money. Over time, Mark Zuckerberg believes AI will make the social media experience even more personal by not only providing more accurate recommendations, but also creating content for each specific user.
That vision opens the door to new opportunities. Instead of simply providing users with pure entertainment, Facebook and Instagram will also become useful hubs people visit to improve their lives, whether they want to learn how to cook or they want to follow a specific type of news. This approach could be a game changer in terms of increasing engagement over the long term.
Meta's AI efforts are already showing up in its financial results. The company generated a record $56.3 billion in revenue during the first quarter of 2026 (ended March 31), up 33% from the year-ago period. That growth rate rapidly accelerated from 24% in the fourth quarter of 2025, just three months earlier.
A move into cloud computing could be lucrative, but there is one concern Meta developed a family of open-source large language models (LLMs) called Llama, which are at the foundation of most of its AI initiatives. Building LLMs from scratch isn't cheap, nor is constantly improving them to stay ahead of the competition, which is why Meta's capital expenditures (capex) topped $72 billion last year. Most of the money went toward AI data center infrastructure, including chips and components.
According to management's most recent guidance, that capex figure could more than double to $145 billion during 2026. As the recent Bloomberg report suggests, Meta plans to rent out some of its spare computing capacity to other developers, which will unlock a new revenue stream.
Today's Change
(
3.12
%) $
18.19
Current Price
$
601.09
Meta probably won't compete with other cloud providers, such as Amazon Web Services and Microsoft Azure, because they offer hundreds of services outside the AI space to help their customers thrive in the digital age. Instead, Meta will probably target the neoclouds such as CoreWeave and Nebius, which offer their customers a very narrow set of tools to help them develop AI software.
Tapping into a new source of revenue can only lead to growth, which is great news. SpaceX could bring in more than $2 billion in revenue per month from the two deals it recently signed to rent computing capacity to Anthropic and Alphabet, so this business model is unquestionably lucrative.
However, I'm wondering why Meta has spare AI capacity in the first place. The AI industry is grappling with a severe shortage of chips and components because there supposedly isn't enough computing power to go around, so it's perplexing that the likes of Meta and SpaceX would willingly rent some of their data centers to other developers. It sounds as if these companies are overbuilding, in my opinion, potentially leading to a crash in the price of computing capacity.
Meta stock looks like a bargain right now While there are some clear risks for Meta to enter the cloud business, investors are getting a very attractive price for its stock right now. It's trading at a price-to-earnings (P/E) ratio of just 21.2, a 25% discount to its 10-year average of 28.4.
META PE Ratio data by YCharts.
Meta is also significantly cheaper than the Nasdaq-100 index, which has a P/E ratio of 35.2, so it appears to be heavily undervalued next to a basket of its big-tech peers. As a result, I think it could be a solid long-term buy right now, no matter what happens with its potential cloud business.
Shares of neocloud infrastructure providers CoreWeave (CRWV +5.82%) and Nebius Group (NBIS 0.90%) were clobbered on July 1 after it emerged that hyperscaler giant Meta Platforms (META +3.12%) plans to compete with them.
CoreWeave stock shed almost 14% of its value in a single session, while Nebius dropped by 17%. Meta Platforms, on the other hand, gained nearly 9% after Bloomberg News reported that the Magnificent Seven company is planning to rent out its excess cloud computing capacity to customers. That doesn't bode well for CoreWeave and Nebius at first, as both companies are in the business of building dedicated AI data centers and renting out their capacity to customers looking to run AI workloads in the cloud.
So, it was easy to see why their shares fell substantially following the Bloomberg News report. In fact, Meta won't just be moving into Nebius and CoreWeave's territory; the tech giant's reported move could also hurt the prospects of these neocloud providers. Let's see why that may be the case.
Image source: Getty Images.
CoreWeave and Nebius have signed massive contracts with Meta Platforms Meta Platforms has been spending aggressively to build AI data center infrastructure capacity. At the same time, the tech giant has been renting capacity from CoreWeave and Nebius to support the rollout of AI tools across its apps and advertising platform.
Today's Change
(
-0.90
%) $
-1.93
Current Price
$
213.69
CoreWeave expanded its agreement with Meta in April this year to provide cloud computing capacity through December 2032 in a deal worth $21 billion. It is worth noting that the two companies had originally signed a $14.2 billion deal in September 2025. Similarly, Nebius announced in March that it will provide $12 billion in dedicated cloud computing capacity to Meta starting early next year.
What's more, Nebius added that Meta has committed to buying $15 billion in additional capacity over five years, which the neocloud provider had originally planned to sell to other third-party AI cloud customers. The total value of this agreement was worth a whopping $27 billion.
Not surprisingly, shares of Nebius and CoreWeave dropped like a rock after Bloomberg News reported Meta's planned initiative of selling its excess AI computing capacity to customers. However, the report also added that this business plan is currently in development and may change.
The sharp decline in these AI stocks could be a buying opportunity There is no doubt that CoreWeave and Nebius could take a hit if Meta decides to compete with them, especially considering that it is a customer. However, Meta's plan of selling AI computing capacity to customers isn't official yet. But even if that were to be the case, investors shouldn't forget that the demand for CoreWeave and Nebius' dedicated AI data centers is exceeding supply.
CoreWeave management noted on the May earnings call that the demand for its AI cloud platform "is accelerating and we remain largely sold out of our 2026 capacity." Even better, the company's customer base is getting diverse. It had 10 customers at the end of Q1 who had committed to spending at least $1 billion on its cloud platform. CoreWeave points out that 30% of its $99.4 billion revenue backlog was from foundational AI labs, such as Anthropic.
Meanwhile, Nebius management noted on the May earnings call that it typically sees "several customers competing for every GPU we bring online." Nebius also added that every data center that it builds is sold. This explains why both companies have been clocking phenomenal revenue growth.
Data by YCharts
More importantly, both companies are in a solid position to sustain their impressive growth rates. That's because the demand for AI data centers far exceeds supply, a situation that's likely to persist. According to Goldman Sachs, data center power demand in the U.S. is projected to more than double to 66 gigawatts (GW) in 2027 from 31 GW last year.
The strong demand scenario is likely to persist through the end of the decade, with Gartner estimating that the power usage of AI-focused servers could grow from 21% last year to 44% in 2030. The firm also adds that the overall electricity usage of data centers is poised to jump by almost 5x through 2030. So, even if Meta stops being a customer for CoreWeave and Nebius, the neocloud providers can allocate the capacity to other customers.
So, if Meta starts competing with them, there is enough room for another company to join Nebius and CoreWeave in providing AI data center infrastructure. After all, several cloud providers are building and deploying data center capacity, and that hasn't been enough to meet the phenomenal demand. All this explains why CoreWeave and Nebius are anticipated to sustain solid growth rates.
Data by YCharts
Another important point worth noting is that CoreWeave can now be bought at just 6.6 times sales following its latest slide. While Nebius remains expensive at 65 times sales, it can justify that valuation given its stunning growth rate, which could make it a multibagger in the long run. So, the recent pullback in these AI stocks looks like a solid opportunity for investors to buy more shares as they can step on the gas once again on the back of their solid financial growth.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
Considering buying META stock? Here’s what analysts think:
Photo via Shutterstock
Market News and Data brought to you by Benzinga APIs
Tesla (TSLA +6.70%) is scheduled to report second-quarter earnings after market close on July 22. As usual, Tesla's earnings arrive against a backdrop of already reported vehicle deliveries.
Since the company has moved past its usual quarterly delivery update, the market now has time to digest some cursory business trends before the full financial picture emerges. This invites a closer look at what really matters for Tesla's operating results and whether the stock's recent behavior offers clues for what might happen next.
Image source: The Motley Fool.
What is Wall Street expecting for Tesla's upcoming earnings report? Current consensus estimates forecast Tesla's revenue at around $25.4 billion and EPS at $0.48 for the second quarter. Beyond revenue and earnings, investors will surely scrutinize Tesla's automotive gross margins for signs of pricing pressure or cost discipline, the pace of expansion in the energy storage business, and any incremental discussion of free cash flow and capital expenditures.
Commentary on progress around Full Self-Driving (FSD) or future product timelines for the robotaxi and Optimus will likely surface as well. However, the immediate reaction to Tesla stock post-earnings tends to hinge on whether the company beats or misses the revenue and profit expectations already set.
Did Tesla beat Q2 delivery expectations? On July 2, Tesla published that it delivered roughly 480,000 vehicles during the second quarter, comfortably ahead of the 406,000 units analysts had modeled and up about 25% from the same period last year.
The beat ends a stretch of softer-than-expected volume comparisons and may finally point to improving demand. Because vehicle deliveries translate directly into automotive revenue, the strong performance increases the likelihood that Tesla's top line will exceed expectations. At the same time, smart investors understand that volume surges can leave open questions about average selling prices and any product mix shifts that could influence profitability.
Is Tesla stock a buy before earnings? When Tesla reported deliveries on July 2, shares actually fell sharply by as much as 7%, marking one of the stock's weakest days in nearly a year. Even though Tesla's results were impressive, the decline occurred because much of the positive momentum had already been reflected in the price during the preceding weeks.
Markets have a tendency to price in optimistic scenarios before an event actually occurs. Traders took profits once the good news was actually confirmed.
I think a comparable dynamic could easily play out after the full earnings release. A clean beat on revenue and EPS might produce a muted or even negative reaction if management's guidance falls short of delivering fresh, measurable catalysts. This is why timing the market around any single quarterly report is a fool's errand.
Tesla appeals to investors who see value in the eventual scaling of robotaxis and humanoid robots. However, neither of these initiatives contributes meaningfully to Tesla's business today.
TSLA PE Ratio data by YCharts
For most investors, Tesla functions primarily as an expensive momentum stock whose current valuation rests more on hype than on tangible near-term financial payoffs from the company's moonshot bets. The company's upcoming earnings report is unlikely to resolve these broader tensions one way or the other.
Fresh food offerings have helped boost demand for Amazon's new 15-minute quick-delivery service in Brazil, prompting the company to increase its range of products for that market by 15%, a local executive said.
A securities fraud class action lawsuit has been filed on behalf of Microsoft investors after its stock plummeted 10% because Microsoft allegedly misled investors regarding its AI chatbot Copilot and cloud computing platform Azure.
, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Microsoft Corporation (NASDAQ:MSFT) and certain of the Company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in Microsoft, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit.
Key Details of the Microsoft ($MSFT) Class Action:
Lead Plaintiff Deadline: August 11, 2026 Alleged Misconduct: Securities fraud alleging that Microsoft misled investors regarding its Azure cloud computing platform and AI chatbot Copilot Stock Drop: January 28, 2026 – 10% Stock Drop Court: U.S. District Court for the Western District of Washington Action: Contact BFA Law to discuss your rights Investors have until August 11, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Microsoft common stock. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned City of St. Clair Shores Police and Fire Retirement System, et al., No. 26-cv-02071.
Why is Microsoft Being Sued for Securities Fraud?
Microsoft is a multinational technology company that develops software, cloud services, and devices. In recent years, Microsoft's cloud computing platform named Azure has been Microsoft's main growth driver. A key reason for Azure's recent growth is Microsoft's multi-billion-dollar investment into AI, including the development of its own generative AI chatbot named Copilot.
According to the complaint, during the relevant period, Microsoft consistently touted Copilot's best-in-class capabilities, which purportedly drove widespread and growing user adoption. Copilot's apparent success allowed Microsoft to report surging Azure-related revenue.
As alleged, in truth, Copilot suffered from severe functionality issues that caused user adoption to decline and put Microsoft's Azure revenue at risk.
Why did Microsoft's Stock Drop?
On January 28, 2026, Microsoft announced disappointing 2Q 2026 financial results and that Azure growth had slowed suddenly. Microsoft also allegedly revealed for the first time that the number of Microsoft 365 Copilot premium customers totaled only 15 million, materially below analyst estimates.
This news caused the price of Microsoft common stock to decline $48.13 per share, or 10%, from $481.63 per share on January 28, 2026, to $433.50 per share on January 29, 2026.
Additionally, on February 3, 2026, The Wall Street Journal reported in an article titled "Microsoft's Pivotal AI Product Is Running Into Big Problems" that severe challenges and functionality issues had plagued Copilot, causing the application to lose market share. Specifically, The Wall Street Journal reported that "[c]onfusing brand positioning and interoperability problems have frustrated users."
Click here for more information: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit.
What Can You Do?
If you invested in Microsoft, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Boeing offers a compelling turnaround story, with Wall Street and Seeking Alpha Quant Ratings both issuing a 'BUY' despite current valuation concerns. BA's growth is underpinned by operating leverage, excess production capacity, and a robust backlog, especially as regulatory bottlenecks clear for the 737 MAX 7/10 and 777X programs. Future revenue could reach $130B+ by 2028–2030, with normalized net margins potentially restoring annual net profit to $13B as production scales.
The delay to Nvidia Corp's (NASDAQ:NVDA, XETRA:NVD) Kyber rack tells a bigger story than a single slipped product date.
For three years, the chip designer has shipped a new generation of artificial intelligence hardware every year, a drumbeat that competitors could not match and investors came to price in.
That rhythm has now met the physical limits of what modern manufacturing can deliver.
Kyber, a server cabinet built to pack 144 of Nvidia's most powerful Rubin Ultra processors into a single unit, has slipped by more than 12 months to 2028.
The culprit is unglamorous: a specialised circuit board known as the midplane, which connects the chips so they behave as one giant computer.
At around 78 layers, it ranks among the most complex boards ever attempted for a commercial product, and the engineering has proved harder to tame than the original timeline assumed.
The significance lies in what the board enables.
Density is the whole point of rack-scale design, because training and running the largest AI models demand vast numbers of chips wired together with minimal delay.
Without a proven way to scale up its top-end systems, Nvidia is left with a gap at exactly the level where its advantage was supposed to be widest.
That gap is where rivals now see daylight.
Advanced Micro Devices and Google already win work from leading AI labs with their own accelerators, and a stumble at the high end hands them a rare technical opening rather than a marketing one.
The timing sharpens the point, coming barely three months after the chief executive, Jensen Huang, showcased Kyber on stage.
The knock-on effects compound the problem.
A fallback design that bolted two current-generation racks together has been scrapped after cloud providers rejected it as too costly and operationally awkward.
That cancellation effectively caps how far Nvidia's existing systems can scale until Kyber arrives or another route is found.
A larger configuration linking eight racks through co-packaged optics, a technology that builds optical links directly into chip packages, is now likely to be delayed or restricted to small volumes.
The Rubin Ultra chip itself has been pared back from a four-chip design to a two-chip version, roughly halving what the next generation will offer even once it ships.
Underneath these decisions sits a single dependency: co-packaged optics, whose maturity now governs much of the roadmap.
If that technology takes longer to perfect than hoped, the scaling plans of the entire industry get rewritten, not just Nvidia's.
The company has been hedging accordingly, striking supply agreements with optics specialists to secure the components its future factories will need.
None of this dents the near-term picture, and that distinction matters.
Current Rubin systems are in full production and begin shipping this autumn to eight cloud partners, including Amazon Web Services, Microsoft Azure and Google Cloud.
Demand for existing hardware remains robust, and the research behind the delay reporting still expects Nvidia's data-centre compute revenue to run 20% above Wall Street forecasts in the second half of the 2027 financial year.
The market reaction was felt more keenly down the supply chain, where Asian technology and circuit-board shares slid on the news.
That response captures the real anxiety, which is less about Nvidia's next quarter than about the pace of the AI build-out itself.
For years, the assumption has been that compute would keep getting denser and cheaper on a predictable schedule.
The Kyber delay is the clearest signal yet that the schedule bends to manufacturing reality, and that even the sector's dominant supplier cannot simply will the next leap into being.
The U.K. artificial-intelligence infrastructure startup said the funds would inject flexible liquidity to accelerate its data-center plans across Europe, the U.S. and the Asia Pacific.
Walmart (WMT) implements price cuts across groceries and essentials at Walmart and Sam's Club, aiming to drive consumer traffic and value. Meta Platforms (META) faces $1.4 trillion in civil penalties from four states over alleged youth addiction and privacy violations, with a pivotal trial set for August.
Is a market crash coming? That's a trick question. Because a market crash is almost certainly coming at some point, although no one can predict exactly when.
The reason it's pertinent right now is that the market looks very rich, which can signal a crash coming sooner rather than later. The Shiller or CAPE ratio, which is the average S&P 500 price-to-earnings (P/E) ratio adjusted for inflation, at almost 42 has only been higher than it is today once in history, and that was followed by a market crash and three years of losses.
Investors should really be prepared at all times for the eventuality of a market crash with a diversified portfolio that includes safe stocks. You should also be prepared to pick up excellent bargains. JPMorgan Chase (JPM +1.43%), Visa (V 1.55%), and Berkshire Hathaway (BRKA 0.60%)(BRKB 0.24%) are three stocks to buy hand over fist in the event of a market crash.
Image source: Getty Images.
1. JPMorgan Chase JPMorgan Chase is the largest bank in the U.S. by far. It's a powerhouse safe stock that can provide stability and protection in challenging times.
Despite its enormous size, the bank continues to grow. A substantial portion of the U.S. population relies on it for financial needs, and it plays an important role in the global economy. Revenue increased 10% year over year in the 2026 first quarter, and net income rose 13%.
Today's Change
(
1.43
%) $
4.75
Current Price
$
337.72
It's growing, and it's also incredibly strong, which makes it a protective stock. It has a fortress balance sheet with $4.9 billion in assets, its return on tangible common equity was 23% in the first quarter, and its tier 1 capital ratio, or stress-test grade, is 14.3%, when the Federal Reserve requirement is 11.5%.
The company also pays a growing dividend that yields 1.8% at the current price, which is another way it provides protection in challenging times.
However, this all comes at a price. JPMorgan Chase stock trades at a price-to-book ratio of 2.6, well above other large banks. If the price came down in a stock market crash, though, it would be an excellent stock to buy.
2. Visa Visa is the largest credit card network in the world, and it has an enviable model, acting as the toll collector for the global payments system. It doesn't have direct exposure to the credit portion of the transaction, which is provided by its partnering financial institutions. It charges a small fee for every swipe for doing its part, which is connecting the bank, consumer, and merchant.
Today's Change
(
-1.55
%) $
-5.60
Current Price
$
356.53
It has natural growth drivers: People shop, whether for essentials in difficult times or everything else in better times, and its service-based business has wide profit margins because each additional transaction costs almost nothing to process. In the 2026 fiscal second quarter (ended March 31), revenue increased 17% year over year, while adjusted earnings per share rose 20%.
Visa also pays a growing dividend that yields 0.7% at the current price.
The market has been worried about a potential slowdown as inflation persists, and there have been some signs of softening, such as a deceleration in cross-border payments. But Visa stock is back on the upswing, and it trades at a P/E ratio of almost 32. It has always commanded a premium for its dependable performance, and if the market crashes, it could be an excellent stock to add to your portfolio.
3. Berkshire Hathaway Warren Buffett built Berkshire Hathaway into one of the world's most valuable companies, with a $1.1 trillion market cap and an equity portfolio worth $343 billion. But it's so much more than that. It owns almost 200 companies, many of which you will recognize, selling products you might use, such as Duracell batteries, Brooks running shoes, and Benjamin Moore paints.
Today's Change
(
-0.24
%) $
-1.20
Current Price
$
506.58
It also has a formidable insurance arm anchored by GEICO, and using the float (money collected as premiums and not yet paid out in claims) to invest and earn income. It charts its progress mostly based on operating income, which increased 18% year over year in the 2026 first quarter.
Berkshire Hathaway stock isn't expensive at 1.5 times book value, but it's not quite a bargain. One of its strengths right now is its cash position, which is close to $400 billion. In the event of a market crash, it's likely to deploy that capital effectively, and if the stock becomes cheaper at the same time, it's worth grabbing hand over fist.
VANCOUVER, British Columbia, July 07, 2026 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: B76) is pleased to provide an update on its recently completed Versatile Time Domain Electromagnetic (“VTEM”) Plus airborne electromagnetic survey and magnetic interpretation over the Stone Island Target, on its Moonlite Project in the Southwestern Athabasca Basin.
The Company has completed its interpretation of the VTEM dataset, integrated with magnetic tilt derivative data, and defined multiple priority conductive trends and structurally controlled target areas for follow-up exploration.
The VTEM Plus survey, completed by Geotech Ltd., consisted of two grids located south of the Company’s flagship Coyote Target and was designed to refine conductive structural corridors and identify additional drill targets across the broader Moonlite property.
Matthew Schwab, CEO of Stallion, said, “We are now clearly defining multiple priority target areas at the Stone Island Target through the integration of VTEM and magnetic data. The identification of several discrete targets significantly expands our exploration pipeline and reinforces the broader potential of the Moonlite Project within the Southwestern Athabasca Basin.”
Highlights:
Integrated VTEM Plus and magnetic tilt interpretation defines four priority target areas at (A–D) Stone Island.
Strong to moderate Tau responses delineate graphitic basement conductors, consistent with uranium-bearing systems in the Athabasca Basin.
Multiple parallel to sub-parallel conductive trends identified, outlining a broad structural corridor.
Magnetic tilt derivative highlights structural breaks, offsets, and cross-cutting lineaments, enhancing interpretation of fault-controlled architecture.
Priority targets occur along conductor margins and zones of structural disruption, favourable for uranium mineralization.
Plate modelling and inversion are underway to refine conductor geometry, depth, and drill targeting.
Darren Slugoski, Vice President Exploration, added, “The VTEM Plus data has outlined a strong conductive corridor with multiple parallel trends, and magnetic tilt interpretation has highlighted the structural controls on these conductors. Importantly, our first completed drill hole at Coyote intersected graphitic faulting and significant alteration, providing strong validation of our geophysical targeting approach. We are now focused on refining these targets through modelling and advancing them toward systematic drill testing.”
Figure 1: High Priority EM Response over Stone Island Target
Figure 2: Full Coverage of VTEM Survey Area
VTEM Plus and Magnetic Interpretation - Stone Island Target:
Interpretation of the VTEM Plus Tau data has defined a broad conductive corridor across the Stone Island Target, characterized by moderate to high time constant (“Tau”) responses. These conductive trends are interpreted to represent graphitic basement structures commonly associated with unconformity-related uranium systems in the Athabasca Basin.
Integration with magnetic tilt derivative data has enhanced structural interpretation, highlighting lineaments, offsets, and cross-cutting features interpreted as fault structures. These features commonly correspond spatially with conductive trends and areas of anomaly complexity.
Defined Target Areas:
Four priority target areas (A–D) have been identified based on the spatial relationship between conductive trends and interpreted structural features:
Target A (NE Block) - Located along the western portion of the northeast survey block, this target corresponds to a moderate to high Tau response situated along the margin of a primary conductor. The anomaly exhibits subtle changes in geometry and is interpreted to represent a structurally influenced segment of the conductive corridor.
Target B (NE Block) - Positioned in the northwestern portion of the northeast block, this target is associated with a strong conductive response and increased structural complexity, including possible offsets and disruption within the conductor.
Target C (NE Block) - Located in the southeastern portion of the northeast block, this area is defined by a coherent conductive trend with localized complexity, interpreted to represent a continuation of the broader structural corridor.
Target D (SW Block) - Situated along the eastern margin of the southwest survey block, this target represents a distinct conductive anomaly with localized structural complexity and is interpreted as a discrete segment of the conductive system.
These targets are primarily located along conductor margins and zones of structural disruption, where fluid flow and uranium deposition are most likely to occur.
Plate modelling and inversion of the VTEM dataset are currently in progress and will further constrain conductor geometry, depth, and continuity. These results will be used to refine drill targeting and guide future exploration programs on the Moonlite Project.
About the VTEM Plus Survey:
Concluding February 19, 2026, Geotech Ltd. carried out a helicopter-borne geophysical survey at the request of Stallion Uranium Corp. The survey totaled approximately 676 line-kilometres across two blocks over the Stone Island Target on the Moonlite property.
The VTEM Plus (Versatile Time Domain Electro Magnetic) system is the most innovative and successful airborne electromagnetic system to be introduced in more than 30 years. The proprietary receiver design using the advantages of modern digital electronics and signal processing delivers exceptionally low-noise levels. Coupled with a high dipole moment transmitter, the result is unparalleled resolution and depth of investigation in precision electromagnetic measurements.
Key features include:
Superior Exploration Depth - over 800 metres in certain environments.
Low Base Frequency (30 Hz) for penetration through conductive cover.
High Spatial Resolution - 2 to 3 metres.
Improved Interpretability due to Receiver-Transmitter symmetry.
Ability to identify drill targets directly from airborne results.
Excellent resistivity discrimination and detection of weak anomalies.
The system was designed to be field configurable to best suit a large variety of different geophysical requirements from deep penetration to optimizing the discrimination within a narrow range of resistivity values.
The system is easily transportable. It can be disassembled for packaging in relatively small units for shipping to surveys around the world. In the event of damage to the EM bird in-flight or while being transported between survey sites, the unique design allows the easy replacement of any part of the system in the field. The transmitter loop can be assembled or disassembled in 6-8 hours.
Market Making Services:
The Company has engaged the services of ICP Securities Inc. (“ICP”) to provide automated market making services, including use of its proprietary algorithm, ICP Premium®, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of $7,500 CAD, plus applicable taxes. The agreement between the Company and ICP was signed with a start date of July 1st, 2026, and is for four (4) months (the “Initial Term”) and shall be automatically renewed for subsequent one (1) month terms (each month called an “Additional Term”) unless either party provides at least thirty (30) days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement. ICP and its clients may acquire an interest in the securities of the Company in the future.
ICP is an arm’s length party to the Company. ICP’s market making activity will be primarily to correct temporary imbalances in the supply and demand of the Company’s shares. ICP will be responsible for the costs it incurs in buying and selling the Company’s shares, and no third party will be providing funds or securities for the market making activities. Neither ICP or its insiders owned any securities in the Company prior to the commencement of this engagement.
About ICP Securities Inc.:
ICP Securities Inc. is a Toronto based CIRO dealer-member that specializes in automated market making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium®, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution, and trading, ICP has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.
Clarifying Statement:
Further to its press release of May 27, 2026, the Company would like to provide further details regarding the engagement of Straight Edge Marketing Inc. DBA Investor Hyve (“Investor Hyve” or “iHyve”), who is currently providing an investor awareness and digital media program for the Company.
Investor Hyve is a Las Vegas-based marketing agency providing proprietary investor engagement and digital marketing services for public and private companies. For further inquiries, the contact details for Investor Hyve are as follows: Aaron Lamkin, iHyve CEO, 310.908.7522, [email protected], 5940 S. Rainbow Boulevard, Las Vegas, NV.
Investor Hyve will maintain an arm's length relationship with the Company and no securities will be issued as compensation. Neither Investor Hyve or its insiders own any securities in the Company.
Marketing Update:
The Company has also engaged Vancouver-based Capital Markets Media, a non-related company led by Marc Davis, as an independent consultant for an initial term of four months at a fee of $50,000 commencing July 15, 2026. Capital Markets Media provides editorial, media advisory and journalist communication facilitation services.
The agreement between the Company and Capital Markets Media was signed with a start date of July 15, 2026, and is for four (4) months (the “Initial Term”) and shall be automatically renewed for subsequent one (1) month terms (each month called an “Additional Term”) unless either party provides at least thirty (30) days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement. Capital Markets Media principal, Marc Davis, is an existing shareholder of Stallion Uranium and currently holds 30,000 shares of the Company. Capital Markets Media may acquire an additional interest in the securities of the Company in the future.
Qualifying Statement:
The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed and approved by Darren Slugoski, P.Geo., VP Exploration, a registered member of the Professional Engineers and Geoscientists of Saskatchewan. Mr. Slugoski is a Qualified Person as defined by National Instrument 43-101.
About Stallion Uranium Corp.:
Stallion Uranium is working to ‘Fuel the Future with Uranium’ through the exploration of roughly 1,700 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones. With a commitment to responsible exploration and cutting-edge technology such as the use of the proprietary Haystack TI technology, Stallion is positioned to play a key role in the future of clean energy.
Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. For more information visit stallionuranium.com.
On Behalf of the Board of Stallion Uranium Corp.:
Matthew Schwab
CEO and Director
Corporate Office:
700 - 838 West Hastings Street,
Vancouver, British Columbia,
V6C 0A6
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.
This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, “forward-looking statements”) that relate to the Company’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this material change report should not be unduly relied upon. These statements speak only as of the date they are made.
Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement.
Photos accompanying this announcement are available at
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)---- $VENU #DierksBentley--Venu Holding Corporation ("VENU" or the "Company") (NYSE AMERICAN: VENU), an owner, operator, and developer of premium live entertainment destinations, today announced it hosted a dedicated evening for Colorado based Ford Amphitheater Luxe FireSuite® and Owners Club investors, featuring GRAMMY-nominated, multi-platinum recording artist and VENU® shareholder Dierks Bentley.The event took place Thursday, July 2nd, at Phil Long Music Hall at Bourbon Brother.
Some of the bank’s investors may be eyeing potential dividend gains. Currently, the annual dividend yield at Goldman Sachs is 1.71%, with a quarterly dividend of $4.50 per share ($18.00 per year).
So, how can investors use its dividend yield to pocket a regular $500 per month?
To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $351,412 or around 333 shares. For a more modest $100 per month or $1,200 per year, you would need $70,704 or around 67 shares.
To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($18.00 in this case). So, $6,000 / $18.00 = 333 ($500 per month), and $1,200 / $18.00 = 67 shares ($100 per month).
Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.
How that works: The dividend yield is computed by dividing the annual dividend payment by the stock’s current price.
For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).
Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield.
Price ActionAnalysts expect the bank to report quarterly earnings of $13.95 per share, up from $10.91 per share in the year-ago period. The consensus estimate for Goldman Sachs’ quarterly revenue is $15.9 billion. It reported $14.58 billion last year, according to Benzinga Pro.
Evercore ISI Group analyst Glenn Schorr maintained an Outperform rating on Goldman Sachs on Monday and raised the price target from $950 to $1,075.
Shares of Goldman Sachs gained 3.4% to close at $1,055.29 on Monday.
Photo via Shutterstock
Market News and Data brought to you by Benzinga APIs
NEW YORK--(BUSINESS WIRE)--BlackRock today announced plans to launch the iShares Nasdaq 100 ETF (Nasdaq:IQQ), designed to provide investors with cost-efficient access to the companies driving innovation and long-term economic growth across sectors including technology, healthcare, consumer discretionary, and communication services. The ETF has a gross expense ratio of 0.12%, with a waiver reducing the expense ratio to 0.10% through July 31, 2027. The ETF's initial NAV will be $24 per share1 and.
Moderna's (MRNA +2.57%) share price has more than doubled this year as the market has grown increasingly optimistic about the company's pipeline and encouraging regulatory progress for its flu vaccine. But after such a sharp rally, it's fair to ask whether there's still an opportunity here to make some money.
What comes next for Moderna? The investment case for Moderna isn't just about COVID-19 vaccines anymore. It's about what comes next.
Today, the company has three commercial products, multiple late-stage vaccine programs, and an expanding pipeline that stretches well beyond infectious diseases. Moderna is developing personalized cancer vaccines in partnership with Merck and pursuing therapies for rare genetic disorders.
Image source: Getty Images.
The company is now preparing for multiple product launches in 2027 and 2028, including seasonal flu, a flu/COVID-19 combination vaccine, and a norovirus vaccine. That's a dramatically different company than the one investors knew during the pandemic, when nearly all of its revenue came from a single COVID-19 vaccine. If even a handful of these late-stage programs reach the market, Moderna could become a much more diversified biotechnology company with multiple sources of recurring revenue. And the financial picture is improving, too.
Possible breakeven by 2028 During the first quarter of 2026, Moderna generated $389 million in revenue, up from $108 million a year earlier. Although the company still posted a net loss, it finished the quarter with approximately $7.5 billion in cash and investments, providing it with ample resources to continue funding its research pipeline. Management also continues targeting up to 10% revenue growth in 2026 while working toward cash breakeven by 2028.
The biggest near-term catalyst may be the company's flu vaccine. An FDA advisory committee recently voted 9-0 to recommend approval for Moderna's seasonal influenza vaccine for adults 50 and older. While the FDA isn't required to follow the panel's recommendation, it often does, with a final decision expected in early August. Of course, that doesn't mean the stock is without risk.
Today's Change
(
2.57
%) $
2.05
Current Price
$
81.81
High expectations for Moderna Much of Moderna's recent rally reflects higher expectations, and several important clinical readouts (including late-stage melanoma data) are still ahead. Any disappointing results could quickly change investor sentiment. But it's still hard to justify passing on the stock, even after its latest run.
You see, Moderna is no longer just a play on COVID-19. It's actually becoming a highly successful, diversified biotechnology company with multiple opportunities to create value over the next several years. After such a strong run, don't expect the shares to move in a straight line. But if you're thinking long-term, Moderna still offers considerable upside.
Conference Call Scheduled for Wednesday, July 29, 2026 at 11:00 a.m. Eastern Time
, /PRNewswire/ -- W. P. Carey Inc. (W. P. Carey, NYSE: WPC), a leading net lease REIT, announced today that it will release its financial results for the second quarter ended June 30, 2026 after the market closes on Tuesday, July 28, 2026.
The company will host a conference call and live audio webcast to discuss its financial results on Wednesday, July 29, 2026 at 11:00 a.m. Eastern Time, details of which are provided below.
Live Conference Call and Audio Webcast
Date/Time: Wednesday, July 29, 2026 at 11:00 a.m. Eastern Time
Call-in Number: 1 (877) 465-1289 (U.S.) or +1 (201) 689-8762 (international)
Please dial in at least 10 minutes prior to the start time.
Live Audio Webcast and Replay: www.wpcarey.com/earnings
W. P. Carey Inc.
W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,703 net lease properties covering approximately 185 million square feet as of March 31, 2026. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant industrial, warehouse and retail properties located in the U.S. and Europe, under long-term net leases with built-in rent escalations.
www.wpcarey.com
Institutional Investors:
Peter Sands
1 (212) 492-1110
[email protected]
Individual Investors:
W. P. Carey Inc.
1 (212) 492-8920
[email protected]
Powerful single frame and rack mount systems and new AI and automation software upgrades for IBM Z and LinuxONE 5 help enterprises deploy workloads with more flexibility
, /PRNewswire/ -- IBM (NYSE: IBM) today announces new IBM z17 and IBM LinuxONE 5 configurations, marking the first time IBM is offering rack mount alongside single frame systems across its full Z and LinuxONE portfolio. The expanded IBM z17 and LinuxONE 5 portfolios now offer a wide range of deployment options, engineered with the same flagship performance, security, and ecosystem standards. New single frame and rack mount options provide additional ways for organizations to position their infrastructure where it fits best for their business needs, helping support flexibility and operational efficiency.
LinuxONE 5 Single Frame System
z17 Single Frame System. Organizations processing highly sensitive workloads at scale are facing record-low data center vacancy and rental rates exceeding $400 per kW/month, according to CBRE's 2026 Global Data Center Trend Report.1 At the same time, they need infrastructure that can optimize their data center footprint while prioritizing the resilience required for their core applications. Enterprises can use IBM z17 and LinuxONE 5 rack mount and single frame systems to address these challenges, optimizing their data center real estate to meet today's realities.
"The number of mission-critical workloads is rising at an incredible pace, forcing organizations to make tough decisions about performance, AI integration, and infrastructure footprint," said Tom McPherson, General Manager, IBM Z and LinuxONE. "With these new IBM Z and IBM LinuxONE systems, we're making it easier to run workloads where they make the most sense, while opening the door for a wider range of organizations to benefit from these technologies for the first time."
New Systems Built for Data Center Flexibility
The new IBM z17 and IBM LinuxONE 5 configurations support up to 82 cores and 18 TB of memory across two processor drawers, representing about a 20% increase in core count and 12% increase in memory capacity. Single processor capacity of IBM z17 ME2 provides full speed IBM z/OS configurations including 10% greater throughput per core than IBM z16 A02 with some variation based on workload and configuration.2
Clients have the flexibility to co-locate IBM and non-IBM equipment to achieve the best fit-for-purpose installation in their data center. Each system is designed to help organizations reclaim space, improve energy efficiency, and integrate seamlessly into existing environments:
IBM z17 single frame is a fully packaged solution in an IBM rack and intelligent power distribution units (iPDUs), delivered as a complete enclosed unit ready to deploy, now with the added flexibility for clients to co-locate other technologies within the frame. IBM z17 rack mount allows clients to install IBM Z components directly into their own industry-standard rack, with built-in flexibility for co-location with other technologies. IBM LinuxONE Rockhopper 5 is the scalable, multi-drawer LinuxONE system for high-density workloads, with on-chip AI acceleration, confidential computing, and post- quantum cryptography available in both single frame and rack mount configurations. IBM LinuxONE Rockhopper 5 rack mount and Express offerings deliver enterprise-grade Linux, confidential computing, and on-chip AI acceleration in a compact 18U configuration. Designed for organizations supporting a smaller set of workloads, the offering provides a cost-efficient entry point that can scale as business grows, while prioritizing security, resiliency, and performance. As with the rest of the IBM z17 and LinuxONE 5 portfolio announced last year, the single frame and rack mount systems deliver advanced multi-model AI inferencing through the IBM Telum® II processor, Red Hat OpenShift AI and the IBM Spyre™ Accelerator to deliver in-transaction predictive AI and generative AI.
Maximizing Business Value at the Core
Building on the flexibility of IBM Z and IBM LinuxONE systems, IBM is announcing new software and management capabilities designed to help clients simplify infrastructure operations, reduce the skills required to run the platform, and get more value from the workloads already running their business.
IBM Infrastructure Management for Z and LinuxONE brings together provisioning, configuration, and operations together. Enterprises can now leverage Terraform and widely adopted Infrastructure-as-Code that are engineered to automate infrastructure deployments, and orchestrate configurations in a unified user interface with a simple visual I/O topology and configuration while addressing the number of specialists required. IBM COBOL Elevate for z/OS is built to simplify modernization and optimize performance for COBOL applications running on IBM z17, helping clients get more value from the applications they depend on with no rewrites or specialized skills required, with availability beginning September 18. Post-quantum cryptography security is now standard on z17 and LinuxONE Rockhopper 5 systems, leveraging post-quantum cryptography, confidential computing, and enterprise-wide secrets management. New IBM Crypto Discovery & Inventory capabilities are engineered to simplify security operations by giving security teams a consolidated view of their cryptographic posture across the enterprise, helping them prepare for post-quantum standards with end-to-end visibility. "With the emergence of generative AI methods, we need the highest levels of performance, efficiency, resiliency and security to safely hold, and process the sensitive datasets," said Dr. Owain Kenway, Head of Research and Development (Platform Technologies) in ARC at University College London. "The new IBM LinuxONE 5 single frame, rack mount, and Express models enable organizations like us to access advanced technologies at cost-effective prices, and help our academic teams deliver outstanding research."
Availability
The new z17 single frame and rack mount configurations, IBM LinuxONE Rockhopper 5, and IBM LinuxONE 5 Express will all be generally available August 12, 2026. IBM Infrastructure Management for IBM Z and IBM LinuxONE will be generally available August 14, 2026. IBM COBOL Elevate for z/OS will be generally available September 18, 2026. For more information, visit https://www.ibm.com/products/z17 and https://www.ibm.com/products/linuxone-5.
Statements regarding IBM's future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only.
Disclaimer:
CBRE's 2026 Global Data Center Trend Report. Based on internal measurements. Results may vary by customer based on
individual workload, configuration and software levels. Visit LSPR website for more details at: www.ibm.com/support/pages/ibm-z-large-systems-performance-reference About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service.
Additional Sources
New z17 capabilities blog New LinuxONE capabilities blog Security blog z17 Ecosystem & Skills blog Media contacts:
Marshall Hampson
IBM Infrastructure Communications
[email protected]
Aishwerya Paul
IBM Infrastructure Communications
[email protected]
BFA Law is investigating Barry Diller's $48.30 per share offer to acquire MGM Resorts International; current shareholders are notified to contact the firm.
, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating Barry Diller's bid to buy MGM Resorts International (NYSE:MGM). MGM is incorporated in Delaware.
Barry Diller is a member of MGM's board of directors. People, Inc. ("People," f/k/a/ IAC, Inc.), a company that Diller founded and controls, is MGM's largest single stockholder. On June 1, 2026, People made an unsolicited bid to buy the remaining MGM stock for $48.30 per share.
If you are a current shareholder of MGM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation.
Key Details of the MGM ($MGM) Investigation:
Investigation Overview: Breaches of Fiduciary Duty in connection with Barry Diller's offer to acquire the remaining stock of MGM for $48.30 per share Action: Contact BFA Law to discuss your rights Why is the MGM Transaction being Investigated?
As a director, Diller owes fiduciary duties to MGM and its stockholders. People also recently entered a governance agreement with MGM that gave People the right to designate two MGM directors going forward. Because Diller "stands on both sides" of the proposed deal, and because other MGM fiduciaries could potentially receive benefits that other stockholders do not receive, these facts create a create conflicts of interest under Delaware law. If MGM and Diller reach an agreement, they must comply with Delaware's strict requirements for "cleansing" these conflicts and ensuring the deal is fair to MGM's stockholders.
In a news release on June 1, MGM stated that the board of directors "will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders."
BFA is investigating whether the potential agreement complies with Delaware law.
If you are a current holder of MGM stock, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
SummaryNewmont (NEM) trades at roughly 9.6x forward earnings (about 8.6x on 2027 estimates), below its five-year average, after gold corrected more than 25% from its January high. Q1 2026 was a record: $3.1 billion in free cash flow, $3.3 billion in net income, a net cash balance sheet, and a fresh $6.0 billion buyback authorization. 2026 production will take a hit, though, with higher AISC at about $1,680/oz. I rate Newmont a moderate Buy. On cash-flow valuation, dividend yield, and near-term momentum, I still prefer Barrick Mining (B). Monty Rakusen/DigitalVision via Getty Images
Newmont Corporation Analysis Newmont is the largest gold miner in the world and this is a very different company compared to the one that closed the Newcrest deal.
Management has made a flurry of
15.68K Followers
Analyst’s Disclosure: I/we have a beneficial long position in the shares of B either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
The iShares Core High Dividend ETF (HDV 1.21%) isn't as large or as popular as other dividend ETFs. As a result, many investors have likely missed that the fund is outperforming the S&P 500 this year. While that broad market index was up a strong 9% through the first half of the year, HDV is up more than 15%.
Here's a closer look at this top ETF and what has driven its quiet outperformance so far this year.
Image source: Getty Images.
High-quality, high-yielding dividend stocks The iShares Core High Dividend ETF is a passively managed fund that tracks an index of high-yielding U.S. dividend stocks (Morningstar Dividend Yield Focus Index). That index doesn't just screen companies based on their dividend yield. It also applies additional financial quality screens, including having a wide economic moat (sustainable competitive advantage) and a high distance to default (strong financial health). The index selects the highest-yielding stocks from those that pass its quality screens. It weights stocks in proportion to the dividends they pay.
The net result is an ETF that currently holds 75 stocks. The iShares Core High Dividend ETF has a 2.9% dividend yield based on its current price and dividend payments over the last 12 months. That's nearly three times higher than the S&P 500's current dividend yield of 1.1%.
Today's Change
(
-1.21
%) $
-0.34
Current Price
$
27.70
The ETF's top five holdings are:
ExxonMobil: 7.1% weighing in the ETF. AbbVie (ABBV 2.44%): 6.6% Chevron: 5.4% Verizon: 5.1% Home Depot: 4.9% While two of its top three holdings are energy stocks, the fund's overall allocation to the energy sector is 12.2% (third-largest sector). Consumer staples 24.5% and healthcare (23.9%) are its largest sectors.
Today's Change
(
-2.44
%) $
-6.37
Current Price
$
254.70
What's driving the strong performance in 2026? The fund's relatively high exposure to the energy sector has helped drive its outperformance this year. The Iran war initially drove up oil prices, fueling a rally in oil stocks. For example, shares of ExxonMobil and Chevron are up 14% and 11%, respectively, this year, outperforming the S&P 500.
However, oil isn't the only factor driving HDV's quiet outperformance this year. The fund has also benefited from its high exposure to healthcare stocks, notably AbbVie and Merck (MRK 2.15%), the latter of which is its 9th-largest holding at 4.1%. Shares of AbbVie have gained more than 14% while Merck has rallied over 23%. AbbVie reported a 12.4% increase in first-quarter revenue, driven by the strength of its immunology (up 16.4%) and neuroscience portfolios (up 26%). AbbVie also took a step to deepen its immunology portfolio by recently agreeing to acquire Apogee Therapeutics for $10.9 billion. Meanwhile, Merck reported 5% sales growth in the first quarter, driven by a 12% increase in Keytruda sales. The company also strengthened its oncology pipeline by acquiring Terns Pharmaceutical for $6.7 billion.
High-yielding dividend stocks can also yield higher returns Many investors view high-yielding dividend stocks as lower-returning investments. However, that's not always the case. High-quality, high-yielding dividend stocks can often deliver high total returns as they grow their earnings and payouts. HDV's focus on high-quality dividend stocks such as Exxon, Chevron, AbbVie, and Merck has paid off this year as they've helped the fund quietly outperform the S&P 500. With more income and growth ahead, the iShares Core High Dividend ETF should continue to quietly deliver strong returns (it has delivered more than 10% annualized returns over the last one-, three-, and five-year periods as well as since its inception in 2011).
Matt DiLallo has positions in Chevron, Home Depot, and Verizon Communications. The Motley Fool has positions in and recommends AbbVie, Chevron, Home Depot, and Merck. The Motley Fool recommends Verizon Communications. The Motley Fool has a disclosure policy.
GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)--Dollar General's Back-to-School Season Offers Big Value with $1 Every Day Items and Convenient Delivery Options.
A $750,000 portfolio and a $4,000 monthly income target look like a clean equation, and they are: $48,000 divided by $750,000 equals 6.4%. The trick is that 6.4% is an awkward number. It sits above what most regulated utilities pay and below what a pure business development company portfolio might offer. Hitting it reliably means blending, not chasing, and the composition of the blend matters more than the headline yield.
The 10-year Treasury yield sits at about 4.4%, so a 6.4% portfolio yield is roughly 200 basis points above that benchmark. That is the price of admission for monthly checks that may grow with the businesses behind them. What follows is how five names commonly used for this job actually behave, and what happens if you lean too hard on any one of them.
The Cash Flow Engine Two of the five holdings pay monthly, which matters when the target itself is monthly. Realty Income (NYSE:O | O Price Prediction) currently yields about 5.2%, with a $0.271 monthly payout and a track record of 670 consecutive monthly distributions. Main Street Capital (NYSE:MAIN) pays a $0.26 monthly regular dividend plus a $0.30 quarterly supplemental, which together produce a running yield near 6% before supplementals, closer to 7% with them.
The three quarterly payers fill in the gap. Verizon (NYSE:VZ) yields about 6.3% at a $0.7075 quarterly rate. Altria (NYSE:MO) yields about 5.7% at a $1.06 quarterly rate. Duke Energy (NYSE:DUK) yields about 3.3% at $1.065 quarterly. Duke is the portfolio’s stability anchor.
Why 6.4% Is a Composition Problem Equal-weighted, these five names would blend to roughly 5.4% using MAIN’s regular dividend alone, short of the target. To reach 6.4%, the higher-yielding sleeves have to carry more weight, or the portfolio has to count on variable supplementals. That is where the sustainability questions start.
Verizon’s low earnings multiple tells you the market is not paying much for growth here. Altria still targets a dividend payout ratio of about 80% of adjusted EPS, which leaves less room for disappointment than a lower-payout business. Main Street reported Q1 2026 net investment income of $0.93 per share and distributable net investment income of $1.00 per share, a reminder that BDC income depends on credit conditions, interest rates, and portfolio performance.
Duke and Realty Income do the steadier work. Duke’s quarterly dividend has climbed from $1.025 in 2024 to $1.065 in 2026. Realty Income has posted 115 consecutive quarterly dividend increases and 672 consecutive monthly dividends. Neither yields enough on its own to meet the 6.4% target, but both can reduce the portfolio’s dependence on the day a higher-yielder trims its payout.
The Growth Math Most Income Investors Skip A 6.4% starting yield that grows 3% a year does not overtake an 8% flat yield in cumulative income over 15 years, but it does produce a higher annual income stream by about year nine. With CPI-U at 335.123 in May 2026, up 4.2% over the prior 12 months, inflation is still doing real damage to fixed payments. The Duke sleeve exists to help fight that.
Make the 6.4% Yield Survive Real Life Model your after-tax income, not the gross. Realty Income distributions and Main Street’s dividends are often largely ordinary income, not qualified dividends, though final tax character can vary by year. In a 24% federal bracket, a fully ordinary $48,000 gross target would drop to about $36,480 before state taxes. If the actual spending gap is $40,000 after tax, you may not need 6.4% at all. Locate the tax-inefficient names in tax-advantaged accounts where possible. Main Street and Realty Income may be better candidates for an IRA or Roth because much of their income is often taxed at ordinary rates. Altria and Duke generally pay qualified dividends when IRS holding-period rules are met, so they can be more tax-efficient in a taxable account. Stress-test a distribution cut. Assume Verizon, Altria, or Main Street trims 20%, then recalculate the monthly income. If the portfolio still covers essential spending after a cut to one higher-yield sleeve, the allocation is more durable. If it does not, the yield is too concentrated in the fragile names.
A $750,000 portfolio can produce $4,000 a month, but the first month is not the real test. The real test is whether the income survives inflation, taxes, and the first dividend cut. A 6.4% target is reachable, but it has to be built from holdings that can do different jobs: some paying more now, some growing the check, and some keeping the whole plan from leaning too hard on the riskiest yield.
Contact [email protected] for any questions or corrections.
No trend has captured the attention and capital of investors since the start of this century quite like the evolution of artificial intelligence (AI). Giving software and systems the tools to make autonomous, split-second decisions is a technology that PwC analysts believe can add $15.7 trillion to the global economy by 2030.
Nvidia's (NVDA +0.38%) graphics processing units (GPUs) are the catalyst for this technological revolution and are what make AI data centers tick. Meanwhile, software-as-a-service pioneer Palantir Technologies (PLTR +2.51%) and social media maven Meta Platforms (META +3.12%) are at the forefront of deploying AI applications to boost their bottom lines.
Palantir's AI platforms are critical to the United States' military operations, while Meta has integrated generative AI into its ad platforms to allow businesses to tailor their messages to users.
But things may not be as perfect for these AI leaders as their share prices suggest.
Image source: Getty Images.
Nvidia's, Palantir's, and Meta's insiders are sending an unmistakable warning to Wall Street Although dozens of Wall Street analysts follow every move this AI trio makes, no one knows these businesses better than their insiders. An insider is a high-ranking executive, board member, or beneficial owner of at least 10% of outstanding shares, who may possess non-public information.
For the sake of transparency, as well as to satisfy securities law, insiders are required to file Form 4 with the Securities and Exchange Commission no more than two business days after transacting in their company's stock. This includes exercising options.
According to aggregated Form 4 filings, the insiders at Wall Street's most influential AI businesses have been decisive net sellers of their company's stock over the trailing three-year period (through July 3, 2026):
Nvidia: $5,088,590,417 in net selling Palantir: $6,037,205,924 in net selling Meta Platforms: $4,489,819,191 in net selling Altogether, insiders at these three titans have dumped a net of more than $15.6 billion of their company's stock.
Today's Change
(
0.38
%) $
0.74
Current Price
$
195.57
The asterisk to the above Form 4 data is that not all insider selling is necessarily nefarious. Since most high-ranking executives and board members are paid in stock and/or options, they'll be required to sell a portion of what they receive to cover their federal and/or state tax liability. Pre-planned selling for tax purposes isn't something that should concern Wall Street or investors.
But the other side of this coin tells an equally compelling story.
While there's been plenty of selling, insider buying activity has been virtually nonexistent for this trio over the trailing three years:
Nvidia: $250,000 in insider buying Palantir: $7,837,856 in insider buying Meta: $0 insider buying Not one penny has been spent by Meta's insiders to purchase shares, while Wall Street's largest publicly traded company has seen only $250,000 in insider buying.
Today's Change
(
3.12
%) $
18.19
Current Price
$
601.09
The reason insiders aren't buying may have to do with historical precedent. Every game-changing technology for more than 30 years has endured an early innings bubble-bursting event. These bubbles form because investors persistently overestimate the adoption and optimization timeline of new technologies.
Although Palantir and Meta have set the bar high for AI applications, and no chip developers have come close to matching the compute capabilities of Nvidia's GPUs, we're not particularly close to companies optimizing their sales and profits from AI solutions.
History provides a warning that insiders at some of the most prominent AI companies appear to be heeding.
Corporate leadership teams usually don't ask much of their shareholders beyond approving board slates and executive compensation packages. But the board of BigBear.ai (BBAI +1.42%) just made a big ask of its shareholders, who responded with a move that could come back to bite them.
Here's what happened and why it could be good (or bad) for the stock.
Image source: Getty Images.
Running on empty BigBear.ai is a defense company that has created AI-powered systems for various government entities, including facial scanners used at ports of entry and secure battlefield operations networks. Unlike fellow AI defense and security company Palantir Technologies (PLTR +2.51%), BigBear has had limited success expanding beyond its niche into larger markets.
About the only thing BigBear has grown is its outstanding share count. The company has increased the number of shares outstanding by more than tenfold over the past five years, from 46 million in 2021 to over 477 million today. Those shares have been used for acquisitions, executive and board compensation, and debt retirement.
But BigBear was slowly running out of shares to issue. Its Certificate of Incorporation limited it to issuing only 500 million shares in total, with less than 23 million remaining. That's why the board made its big ask.
Double or nothing
Image source: Getty Images.
At the most recent annual meeting, shareholders were asked to vote on an amendment to double the number of shares the company was authorized to issue from 500 million to 1 billion. The vote easily succeeded 89% to 10%.
On one hand, the company will likely need some of those shares soon. At BigBear's current share price of $3.53 per share, it had just $81 million in shares available on its old authorization. Even if you added the entire $100.7 million of cash on the company's balance sheet, that's just $181.7 million, not even enough to make another acquisition the size of its recent modest Ask Sage acquisition, which cost $250 million.
The increase in share authorization at least buys the company some time and gives management the flexibility to consider its options.
A rough ride That said, any further share issuances will result in further share dilution... and the stock is already down more than 60% since it went public via a SPAC merger in 2021.
Today's Change
(
1.42
%) $
0.05
Current Price
$
3.58
Meanwhile, BigBear's net losses have grown, it's been burning ever more cash, and its revenue has increased only 13.5%. That's a sharp contrast to Palantir, which has grown revenue, net income, and operating cash flow by triple- or quadruple-digit percentages during roughly the same time frame.
The new share authorization may be used to make strategic acquisitions that complement the company's offerings and allow it to tap into new markets. On the other hand, we haven't seen any evidence that the 10x growth in share count over the last five years has moved the needle. There's little reason to believe the company has been waiting on this authorization to execute some game-changing master plan.
Until I see a coherent explanation from BigBear's management about how they plan to leverage their recent acquisitions and this new authorization into a coherent business strategy, I'll stay as far away from this bear as I would from a real grizzly.
In a recent appearance on CNBC, Palantir Technologies (PLTR +2.51%) CEO Alex Karp discussed why the company's approach to artificial intelligence (AI) stands apart from legacy software-as-a-service (SaaS) providers.
At a basic level, Palantir develops something called an ontology. Ontologies are structured models that define key inputs -- employees, assets, transactions, or events -- along with the underlying properties and relationships that connect them within an organization. This creates a living visualization that AI can use to understand context and make decisions.
This approach differs markedly from traditional dashboarding tools or generic data insights workflows found in many legacy platforms. It's not surprising that Karp suggested that "now everyone's copying" Palantir's playbook.
Image source: Getty Images.
By grounding AI-driven insights in an organization's own defined logic and key relationships, Palantir's software has proven to reduce friction commonly found in less sophisticated application layers. In turn, the AI revolution has propelled Palantir from a relatively unknown software vendor to a more embedded operational intelligence command center across government agencies and Fortune 500 companies.
Breaking down Palantir's competitive dynamics Prior to the AI revolution, Palantir was largely viewed by Wall Street as a government contractor whose software was primarily used by the Department of Defense (DOD). What most analysts didn't fully grasp is that Palantir spent nearly 20 years perfecting its ontology model tailored for enterprise and government needs.
But in early 2023, Palantir publicly launched its Artificial Intelligence Platform (AIP) -- an ecosystem that stitches together its three core platforms, Foundry, Gotham, and Apollo. By doing so, Palantir was swiftly positioned to capture market share from incumbent software providers, as the company offered an end-to-end platform for handling sensitive data, building secure integrations, and providing time-to-value in complex deployments.
This first-mover status in the ontology space helps create strong customer relationships and a foundation of operational knowledge that competitors couldn't replicate quickly.
Today's Change
(
2.51
%) $
3.25
Current Price
$
132.55
Is more competition bad for Palantir? Smart investors understand that when a core idea is replicated, some of the exclusivity from the incumbent begins to diminish. The reason is that customers now have more optionality -- potentially leading to pricing pressure or more frequent customization demands.
Nevertheless, Karp was subtly alluding to the fact that Palantir's software is being validated by a broader adoption of ontology-based approaches across the SaaS industry. This could be a positive because increased competition frequently accelerates new innovation.
Moreover, the broader addressable market for AI software continues to expand. Growing enterprise interest in reliable data analytics is creating a larger opportunity. As more organizations move beyond basic dashboarding tools and siloed systems toward more comprehensive platforms that support complex, AI-assisted decisions, demand should increase across the entire SaaS landscape.
This expansion will benefit the companies delivering the strongest outcomes, even as the field becomes more crowded. Against this backdrop, imitation of Palantir's ontology signals rising interest in these capabilities rather than a direct subtraction from the company's long-term potential.
Should you buy the dip in Palantir stock? Investors evaluating whether copying Palantir's ontology approach warrants concern should weigh execution from rising competition over the act of replication itself. An expanding overall opportunity provides room for multiple winners in the long run, meaning that relative market-share shifts should not necessarily translate into absolute revenue and profit deceleration for Palantir.
The greater long-term risk for Palantir lies in failing to capitalize on validated demand rather than in competition finally recognizing the same opportunity. In other words, the trend of broader ontology adoption should serve more as confirmation of the direction Palantir has been pursuing than as a signal of diminished growth trajectory.
Data by YCharts.
Even with a growing opportunity and validated systems, Palantir's price-to-earnings (P/E) multiple hovers around 146 -- nearly 4 times the S&P 500 Information Technology Sector's P/E Ratio. These trends suggest that even with the sell-off this year, Palantir stock remains pricey.
I think the most prudent action for investors is to wait until Palantir and its peers report second-quarter earnings in a few weeks. By doing so, investors may learn in more detail about what Palantir is starting to see in sales cycles and how emerging competitors are responding.
All told, I think Karp's words suggest that Palantir is onto something big -- making the stock a compelling opportunity. However, I think prices will be more reasonable for buying shares over time.
MIAMI--(BUSINESS WIRE)--Palantir Technologies Inc. (NASDAQ: PLTR) announced today an enterprise expansion agreement with GNP Seguros (Grupo Nacional Provincial), the largest insurer in Mexico and part of the prominent Grupo BAL consortium. This alliance marks a milestone for Palantir, as GNP Seguros becomes Palantir's first publicly announced commercial customer in Latin America. Palantir's platforms are designed to help insurers improve customer service, augment the judgment of claims and unde.
Palantir (PLTR +2.51%) stock got hit with big sell-offs across June's trading as investors continued to prioritize bets on the artificial intelligence (AI) hardware space over software plays. The S&P 500 fell roughly 1.1% in the month, and the Nasdaq Composite declined 2.8%.
Palantir's valuation also moved lower in June as investors weighed the potential fallout of losing a business relationship with the UK's National Health Service (NHS). Commentary from investor Michael Burry also weighed on the stock. Despite pressures last month, the company's share price is rebounding in July.
Image source: Getty Images.
Palantir got hit with multiple selling pressures last month Investors broadly continued to move out of AI software stocks last month, instead choosing to favor companies with exposure to strong artificial intelligence semiconductor demand trends. The dynamic prompted continued sell-offs for Palantir stock, and there were other significant bearish catalysts in the month.
Along with the general valuation malaise for AI software stocks, Palantir continued to face valuation pressures connected to concerns about competitive pressures from Anthropic and comments from Michael Burry. The famous investor has said that Anthropic is "eating Palantir's lunch," and he made comments last month reaffirming his short bet against Palantir.
Adding another negative valuation catalyst, developments emerged last month that suggested Palantir could be on track to have its contract with the NHS. The deal is set to expire early next year, and the UK parliament's Science, Innovation, and Technology Committee came out in favor of not renewing the contract last month. The last contract was valued at roughly $440 million.
Palantir stock has been bouncing back in July After a big round of sell-offs in June, Palantir stock has been seeing significant rebound momentum this month. The company's share price is up roughly 11% in July as of this writing.
Today's Change
(
2.51
%) $
3.25
Current Price
$
132.55
Palantir's valuation has been on an upward trend as investors have bought back into leading AI software names. The stock also appears to have gotten a boost from news that Michael Burry had reduced his short position against the company.
News hit at the end of June that the famous investor had trimmed his bet that the AI software stock would continue to decline in value. Along with news that he had increased short positions on leading AI chip names, including Nvidia and Micron, Burry's adjustment on Palantir seems to have had some impact on the AI rotation trend.
In addition to that dynamic, Palantir stock has gotten a boost from positive analyst coverage. DA Davidson published a note on the company on July 2, upgrading its rating on the stock from neutral to buy and raising its one-year price target from $165 per share to $175 per share.
Adding another bullish catalyst, Palantir and Nvidia also announced at the beginning of the month that they were expanding their partnership -- with Palantir integrating Nvidia's Nemotron AI models into its artificial intelligence stack in order to expand service capabilities to the U.S. government and other allied government customers. With software stocks potentially coming back in vogue and Palantir's business growing at an impressive clip, the stock's rebound could continue.
The memory market has been scorching hot, and one new exchange-traded fund (ETF) dedicated to the sector that was introduced on April 2 has already more than doubled its value. That ETF is the DRAM – Roundhill Memory ETF (DRAM +6.81%), which is the first-ever memory ETF. The question, though, is whether the ETF is still a buy after its strong performance in such a short period of time.
Today's Change
(
6.81
%) $
4.13
Current Price
$
64.76
The ETF's holdings are largely dominated by the big three DRAM makers: Micron Technology (MU +1.18%), SK Hynix, and Samsung. Together, the three stocks make up more than 73% of the fund's portfolio. The DRAM market has seen soaring prices, as demand for high-bandwidth memory (HBM), a special form of DRAM that is packaged with graphics processing units (GPUs) and other AI chips, has been surging. The entire DRAM market is supply-constrained, which is only exacerbated by HBM requiring upwards of three times the wafer capacity of ordinary DRAM.
Image source: Getty Images.
The supply demand dynamics of the DRAM market have led the big three players to see their revenue skyrocket and gross margins balloon. Despite their growth, their stocks remain cheap, as the industry has historically had very large boom-and-bust cycles. However, all three have begun signing longer three- to five-year deals for HBM for the first time, marking a big shift to the notoriously short-term deals the industry typically operates under. This should increase visibility and reduce some of the cyclicality of the DRAM business, while helping place a higher floor on it.
Notably, the ETF at times uses leverage and total return swap derivatives to take positions, as it did early on with Micron. This can add some additional volatility and risk; however, not to the extent of a leveraged ETF, and it is done mainly for tax purposes and as a way to get more exposure to a stock. Roundhill does offer a separate leveraged version of the ETF called the Roundhill T-REX 2X Long DRAM Daily Target ETF (RAM +12.68%) for investors looking for that type of leverage, but it is highly risky.
A great way to get international memory exposure One of the nice things about the DRAM – Roundhill Memory ETF is that it gives investors exposure to international memory names. Generally, most U.S. investors who want exposure to the DRAM market just invest in Micron, while those interested in the NAND (flash) market invest in Sandisk.
However, the ETF gives investors exposure to the two big Korean DRAM markets. SK Hynix just became a trillion-dollar company, but will only debut its ADRs (American depositary receipts) on July 10. The company has secured an estimated 70% of Nvidia's HBM orders for its Vera Rubin platform, so this is the best way to invest in what is arguably the HBM leader. The fund also holds Japanese NAND player Kioxia, which has a joint venture with Sandisk and is working on developing high bandwidth flash (HBF) with SK Hynix.
The DRAM – Roundhill Memory ETF is not an ordinary diversified ETF that you'd want to dollar-cost average into over the next 30 years. Instead, it's a great way to play the ongoing memory supercycle that looks like it has some legs.
Micron Technology (MU +1.18%) has been a great stock to own for the first half of 2026. It has risen around 240%, easily ranking it among the best-performing stocks in the market. After a run-up like that, before taking a position in the stock, investors must ask themselves what catalyst will sustain the stock's incredible momentum.
Well, Micron's management team delivered that news to shareholders a few weeks ago during its earnings announcement, and it could easily propel Micron to new heights.
Image source: The Motley Fool.
The memory chip crunch isn't going to wane anytime soon Micron makes memory chips, which are vital for nearly all computing devices. It makes both NAND and DRAM memory, which have different use cases. Both are heavily used in data centers, and Micron and its peers in the memory chip industry weren't ready for the surge in demand. As a result of spiking demand and limited supply, prices have risen. Consumers have felt this with rising PC prices and potentially rising phone prices. While consumers may be feeling the squeeze, Micron isn't, as it's a major beneficiary.
Today's Change
(
1.18
%) $
11.47
Current Price
$
986.88
Its revenue has soared alongside chip prices. In the second quarter of Micron's fiscal year 2026 (ending Feb. 26), Micron generated $23.9 billion in revenue and gave a bold projection that its Q3 revenue would be around $33.5 billion. For Q3 (ending May 28), Micron blew well beyond that projection, delivering $41.5 billion in revenue. For Q4, Micron dropped the bombshell that it expects a whopping $50 billion in revenue. That's a major spike in just a handful of quarters, and it's the driving force behind Micron's rise.
But here's the thing: Micron's stock still isn't all that expensive.
MU PE Ratio (Forward) data by YCharts
At 14 times forward earnings, Micron still trades at a discount to its peers because the market worries that memory demand will drop in the near future and that all of its gains will go with it. While that's a valid concern, Micron's management informed investors that it expects a "tight" memory market through at least 2027. As for now, the memory chip crunch remains active, and Micron will thrive in it.
Despite its massive gains already, I think investors are OK taking a position in the stock right now, as long as they can monitor the AI situation closely to see whether memory chip supply remains tight. If it is, Micron is an excellent stock to buy and hold. If there are signs of relief, then it's time to get out.
A July 6 filing with the Securities and Exchange Commission (SEC) revealed that, on the first day of the month, the memory giant Micron (NASDAQ: MU) saw its biggest insider stock sale of 2026 and, indeed, one of the biggest on record.
Specifically, Executive Vice President (EVP) and Chief People Officer April Arnzen sold 40,000 MU shares on the day at an average price of $1,084, raising a total of over $43.3 million.
Receive Signals on SEC-verified Insider Stock Trades
Stocks
This signal is triggered upon the reporting of the trade to the Securities and Exchange Commission (SEC).
Notably, not only does the bulk sale of 40,000 Micron shares appear unremarkable – over the years, there have been numerous such trades – but it is also relatively tame compared to numbers seen as recently as October 2025.
Indeed, during the month, two other Micron EVPs – Scott Deboer and Mark Murphy – executed significantly bigger dumps, offloading 82,000 shares for $18 million and 126,000 shares for $28 million.
How Micron stock price performance led to biggest MU insider sales on record Simultaneously, the most recent Micron stock insider trade serves as a testament to the memory giant’s remarkable 2026 rally.
Receive Signals on SEC-verified Insider Stock Trades
Stocks
This signal is triggered upon the reporting of the trade to the Securities and Exchange Commission (SEC).
The stark difference in the value of trades less than a year apart can largely be attributed to the fact that MU equity has been rising rather slowly through the previous year and only soared roughly at the end of the first quarter (Q1) of the current one.
In contrast, Micron stock is priced at $930.80 at press time, having fallen 5.48% from its latest close at $984.75, but nonetheless remained 195% in the green year-to-date (YTD).
Micron stock price YTD chart. Source: Google What is next for Micron stock in 2026 Looking ahead, and despite the recent market turbulence, it appears likely that the memory giant insider will be able to continue reducing the number of shares they sell while increasing the amount of money they make in the foreseeable future.
Receive Signals on SEC-verified Insider Stock Trades
Stocks
This signal is triggered upon the reporting of the trade to the Securities and Exchange Commission (SEC).
For example, technical analysis (TA) based on oscillators and moving averages (MA) that Finbold retrieved from TradingView on July 7 is only somewhat indecisive and generally leans toward a ‘Buy’ recommendation, whether based on the last 24 hours, seven days, or one month of trading.
Micron stock technical analysis. Source: TradingView Wall Street, on the other hand, is far more decisive in its optimism. Specifically, information retrieved at the same time and from the same platform shows MU stock is, overall, considered a ‘Strong Buy’ with only a handful of institutional analysts seeing it as a ‘Hold,’ and with none providing a ‘Sell’ recommendation.
Wall Street sets Micron stock price target for the next 12 months. Source: TradingView Lastly, the average price target for the next 12 months appears just as bullish, as it forecasts a 60% rise from the latest $984.75 close to $1,575.62.
Asia’s markets open a pivotal week with one question hanging over the semiconductor tape: how durable is the memory trade? On Bloomberg TV’s The Asia Trade this morning, analyst Anthony Stephens framed SK Hynix’s $29 billion ADR listing, expected by the end of the week, as a live stress test of the supercycle thesis, alongside Samsung’s preliminary earnings as the other tell on memory chip strength.
Anthony Stephen’s central point: “We are getting to a point where understanding the supply and demand for memory and compute is becoming more important than just the momentum, one-way momentum on tech stocks,” That is the analytical lens investors will need this week.
Why the ADR, and why now SK Hynix already trades as a liquid name in Korea, so the ADR structure is a liquidity and capital-formation play rather than a debut. Anthony’s read: “Why are they doing an ADR? One reason is the bullishness of US retail on tech. Micron is one of the most heavily traded stocks in the world. Accessing some of that liquidity potentially at a premium gives SK Hynix an edge in fundraising for the next level.”
The Micron comparison matters. Micron Technology (NASDAQ:MU | MU Price Prediction) carries a market capitalization near $1.10 trillion and a forward P/E of roughly 7, close to the roughly six times forward earnings that SK Hynix trades at, versus Micron at roughly seven times, per Anthony. The ADR imports that valuation dialogue onto US screens.
How strong is the memory market The demand side is loud. Anthony flagged that “Samsung are increasing prices 20%. Reports are announcing they are doing a second AI custom chip for Meta, using their technology, which bears watching. This is in the context of a strong memory market.” Layer on government-led expansion plans promising 1.4 trillion won in new chip capacity and the working assumption from investors that the memory shortage persists through 2028, and the setup for the ADR is unusually favorable.
Micron’s most recent print reinforced it. In fiscal Q3 2026, revenue reached $41.456 billion (up 345.72% year over year) with non-GAAP EPS of $25.11 and GAAP gross margin of 84.6%. CEO Sanjay Mehrotra said “Micron’s record fiscal Q3 financial results and even stronger outlook for Q4 reflect the strategic value of memory in the AI era.” Guidance calls for revenue of $50.0 billion, plus or minus $1.0 billion in Q4.
The US-listed read-through SanDisk (NASDAQ:SNDK) posted fiscal Q3 2026 revenue of $5.95 billion, up 251% year over year, with datacenter revenue of $1.467 billion, up 645%. Western Digital (NASDAQ:WDC), now an HDD pure-play, delivered non-GAAP gross margin of 50.5% as AI storage workloads pulled hard-drive demand.
Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
NVIDIA (NASDAQ:NVDA) reported fiscal Q1 2027 data center revenue of $75.246 billion, up 92% year over year, with total supply-related commitments of $119.0 billion. Those commitments effectively pre-book HBM capacity that SK Hynix, Micron, and Samsung will supply.
Supercycle or another cyclical boom Balance is the hard part. Retail sentiment is running hot, with Reddit engagement clustering on posts arguing the memory supercycle is structural rather than cyclical. Counter-signals exist. One widely shared thread flagged hyperscaler techniques that could compress memory usage by up to 40x, and Korean markets triggered two circuit breakers during the recent run.
Micron’s stock reflects that ambiguity. Shares are up 703.29% over one year yet down 19.61% over the past week. Anthony’s framing lands on that tension: “The SK Hynix listing will be a good indicator of how durable the bullishness for the memory trade is.”
What to watch next Two catalysts define the week. First, reactions to Samsung’s earnings. Second, the reception for the SK Hynix ADR will show whether US investors are willing to pay up for memory exposure that already trades cheaper than Micron on forward earnings. If demand for the ADR is strong, the supercycle argument gets fresh support. Samsung’s earnings were released overnight, and while they were strong, shares of the company fell 6.92% in Korean trading.
The company not only beat earnings last quarter but also issued strong forward guidance. That’s an ominous sign, with Micron also falling after its latest blockbuster earnings. However, it’s worth noting that Micron also has fallen post-earnings multiple times during its incredible run over the past year.
Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
A securities fraud class action lawsuit has been filed on behalf of Zillow investors after its stock plummeted over 16% because of Zillow's alleged anticompetitive agreement with Redfin, potentially violating federal securities laws.
, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Zillow Group, Inc. (NASDAQ:Z, ZG) and certain of the Company's senior executives for securities fraud after significant stock drops resulting from potential violations of the federal securities laws.
If you invested in Zillow, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/zillow-class-action-lawsuit.
Key Details of the Zillow ($Z, $ZG) Class Action:
Lead Plaintiff Deadline: August 10, 2026 Alleged Misconduct: Securities fraud relating to Zillow's allegedly anticompetitive agreement with Redfin Corporation Largest Alleged Stock Drop: February 11, 2026 – 16.54% Stock Drop on Class C shares; 17.13% Stock Drop on Class A shares. Court: U.S. District Court for the Western District of Washington Action: Contact BFA Law to discuss your rights Investors have until August 10, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Zillow Class C and Class A common stock. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned Breidert v. Zillow Group, Inc., et al., No. 26-cv-02016.
Why is Zillow Being Sued for Securities Fraud?
On February 6, 2025, Zillow entered into an agreement with Redfin through which Zillow became the exclusive provider of multifamily rental listings on Redfin's platform and affiliate websites, including Rent.com. According to the complaint, during the relevant period, Zillow characterized the agreement with Redfin as a "partnership" that would provide Zillow exclusive access to Redfin's advertising platform.
As alleged, in truth, under the terms of the agreement, Zillow paid Redfin $100 million to stop competing with Zillow, facilitate the transition of its multifamily rental advertising business to Zillow, and close the remainder of its business.
Why did Zillow's Stock Drop?
On September 30, 2025, the FTC filed a complaint against Zillow and Redfin alleging violations of the federal antitrust laws. According to the FTC complaint, "Zillow and Redfin executed an unlawful agreement to remove competition from [the online rental marketplaces industry], starting with a $100 million payment to Redfin to exit the [Internet Listing Services] market." In sum, the FTC alleged, "[t]his agreement is nothing more than an end run around competition on the merits with Redfin for customers…" This news caused the price of Zillow's Class C and A common stock to decline 4.33% and 4.5%, respectively.
On February 10, 2026, Zillow's CFO told investors that Zillow experienced increased legal expenses which "will result in approximately 200 basis points headwind to EBITDA margins in Q1." On this news, the price of Zillow's Class C and A common stock declined 16.54%, and 17.13%, respectively.
Finally, on May 7, 2026, Reuters reported that a "federal judge rejected [Zillow and Redfin's] request to end a [FTC] lawsuit accusing them of illegally agreeing to suppress competition for online apartment rental listings." This news caused the price of Zillow's Class C and A common stock to decline 1.9% and 1.76%, respectively.
Click here for more information: https://www.bfalaw.com/cases/zillow-class-action-lawsuit.
What Can You Do?
If you invested in Zillow, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
I present a $1 million 'All-American' portfolio blending 50% S&P 500 ETF with six sector-leading U.S. stocks. VOO anchors the portfolio for low-cost, broad exposure, while single-stock picks target finance (MA, CME), energy (TPL), agriculture (DE), aerospace/defense (RTX), and consumer (MCD). Each stock is selected for durable advantages: MA and CME for scalable, oligopolistic finance; TPL for energy royalties; DE for agricultural tech; RTX for balanced defense/commercial aerospace; MCD for global brand and real estate model.
, /PRNewswire/ -- During the NATO Summit Defense Industry Forum, Lockheed Martin (NYSE: LMT) and Rheinmetall announced the signing of a memorandum of understanding (MOU) that addresses the immediate demand for locally produced munitions in Europe.
With the support of the United States and German governments, the agreement marks the next step toward establishing a joint venture to create the first European centre of excellence for the manufacturing, integration and distribution of ATACMS across NATO and allied European forces.
Lockheed Martin and Rheinmetall move forward with ATACMS co-production in Europe. "This partnership marks a watershed moment for European security and allied industrial cooperation. By combining Lockheed Martin's unmatched missile expertise with Rheinmetall's manufacturing excellence, we'll deliver combat-proven capabilities faster and more efficiently to our allies," said Jay Pitman, president, Lockheed Martin International.
"Bringing ATACMS co-production to Germany is a strong signal for Europe's defense industry and for NATO's long-term resilience. This partnership combines proven U.S. technology with European manufacturing strength, creating industrial value in Germany while expanding the capacity allies need to meet growing security demands," said Dennis Goege, chief executive for Europe at Lockheed Martin.
Armin Papperger, CEO Rheinmetall AG: "Our aim is to strengthen the defence capabilities of Germany and Europe. Together with our friends at Lockheed Martin, we are now establishing the industrial base in Germany for modern defence systems, which are in great demand by the armed forces of Europe. By establishing ATACMS production at Rheinmetall's Unterluess site, we are creating new capabilities for Germany and Europe, securing supplies for our customers and strengthening our autonomy in defence policy. We are grateful that Rheinmetall has been selected to set up and operate the world's first and only production facility for ATACMS guided missiles outside the United States."
Commissioned over 125 years ago, Rheinmetall's Unterluess facility is one of the company's most important sites. A total of about 4,000 employees work there. Its core competencies include the production of weapon systems and ammunition, as well as the development, manufacture, and maintenance of tracked vehicles. Unterluess is the largest privately owned firing range in Europe. Last year, the "Werk Niedersachsen"—one of the most modern production facilities for artillery ammunition—was put into operation. A rocket motor factory is currently nearing completion. Production of rocket motors and guided missile components is scheduled to begin as early as 2027.
By co-producing ATACMS missiles on European soil, the partnership supports local capability, increases allied deterrence and contributes to economies on both sides of the Atlantic.
Backed by decades of extensive combat employment, ATACMS has consistently proven its operational effectiveness, precision, and mission reliability in high-intensity conflicts. With significant global demand for ATACMS, Lockheed Martin will continue operating its current production line in Camden, Arkansas until transition is complete.
The agreement underscores Lockheed Martin's commitment to Europe, forging deep, long-term co-production ties with European industry and customers. Lockheed Martin has been a strategic partner for the defense and security of Europe for more than 75 years and remains steadfast in its support of customers and partners across the region.
About Lockheed Martin
Lockheed Martin is a global defense technology leader delivering cutting edge aerospace, missiles, fire control, security and space systems. Our 21st Century Security® vision accelerates the delivery of transformative technologies that keep our customers ahead of emerging threats. More information at lockheedmartin.com.
About Rheinmetall
Headquartered in Duesseldorf, Germany, publicly traded Rheinmetall AG is a integrated technology group. With some 34,000 employees at 160 locations worldwide, Rheinmetall is a leading international supplier of defence systems and a driver of forward-looking technological and industrial innovation in the civil sector. A strong commitment to sustainability is an integral component of Rheinmetall strategy. More information at rheinmetall.com.
Item 1 of 2 An Army Tactical Missile System (ATACMS) is displayed during the inauguration of a new artillery plant of ammunition maker Rheinmetall, in Unterluess, Germany August 27, 2025. REUTERS/Annegret Hilse
[1/2]An Army Tactical Missile System (ATACMS) is displayed during the inauguration of a new artillery plant of ammunition maker Rheinmetall, in Unterluess, Germany August 27, 2025. REUTERS/Annegret Hilse Purchase Licensing Rights, opens new tab
CompaniesANKARA, July 7 (Reuters) - U.S. defence company Lockheed Martin (LMT.N), opens new tab and Germany's Rheinmetall (RHMG.DE), opens new tab signed a memorandum of understanding on Tuesday to jointly produce ATACMS missiles in Germany, a move that would mark the first manufacture of the short-range ballistic missile outside the United States.
In a joint statement, the companies said the agreement, backed by the U.S. and German governments, was a step toward establishing a joint venture to create a European hub for the manufacture, integration and distribution of ATACMS missiles for NATO members and allied countries.
The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis of the Iran war. Sign up here.
The guided missiles will be made at Rheinmetall's artillery plant in Unterluess, northern Germany, Rheinmetall CEO Armin Papperger said.
The memorandum, signed at a NATO Industry Forum on the sidelines of the alliance's summit in Ankara, reflects efforts by the United States and its European allies to expand defence industrial capacity and replenish weapons stockpiles strained by conflicts in Ukraine and the Middle East.
Reporting by Sabine Siebold, writing by Emanuele Berro, editing by Miranda Murray
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Peter Schiff slammed President Donald Trump’s crypto donors on Tuesday, July 7, accusing them of cashing in a political favor after Trump teased the possibility of adding Bitcoin (BTC) to the new Trump Accounts savings program for children.
In an X post, Schiff suggested the remarks about adding BTC to the Trump Accounts were less about policy and more about rewarding major industry backers.
“Trump’s crypto donors likely called in a favor to get Trump to tease the possibility of allowing Trump accounts to buy Bitcoin by telling a reporter that he’s “become a big crypto guy,’” Schiff stated.
Some of the top pro-Trump crypto entities potentially under fire by Schiff could include Elon Musk, Ripple Labs, Coinbase Global Inc. (NASDAQ: COIN), Crypto.com, and the Winklevoss brothers. Moreover, these entities contributed to pro-Trump super PACs such as MAGA Inc.
The reproach comes after Trump called himself ‘a big crypto guy’ in response to a question about adding Bitcoin to the Trump Accounts. As such, Schiff urged the President to distance the children’s initiative from Bitcoin.
Schiff’s Bitcoin criticism and prediction Schiff’s remarks fit into his broader skepticism of Bitcoin. The Schiff Bitcoin criticism has recently centered on its capitulation amid selling pressure potentially catalyzed by Strategy Inc. (NASDAQ: MSTR).
As Bitcoin price trades around 63,300 at press time, Schiff recently noted that it may have found a bear support level, as Finbold reported. However, over the past few months, Schiff criticized Michael Saylor’s Bitcoin model, stating that its authorized BTC sales could trigger further crypto capitulation.
Meanwhile, he has condemned the modern U.S. government overreach, stating that it surpasses colonial-era tyranny. In a recent podcast, he cited the weak June jobs report, which showed 514,000 full-time job losses, while the President’s family made a fortune in the crypto industry.
Notably, President Trump and his family made more than $1 billion in crypto-related income. As such, Schiff fears that President Trump could exploit the Trump Account policy system to quell pressure from crypto donors.
Featured image via Peter Schiff YouTube.
Best Crypto Exchange for Intermediate Traders and Investors
Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.
0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
Copy top-performing traders in real time, automatically.
eToro USA is registered with FINRA for securities trading.
30+ million Users worldwide
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer!
Suncor is a buy at current levels, leveraging its long upstream reserve life and recent share price pullback below $55. I expect Q2 results to be stellar on high oil prices, with ongoing global inventory drawdowns supporting a bullish medium-term oil thesis. SU's forward P/E of 8 remains attractive versus peers, and its 3% dividend yield adds to the investment case amid market volatility.
There's no denying it. Since its mid-June IPO, Space Exploration Technologies (SPCX 0.99%) has been the market's most-discussed stock. And understandably so. Not only was it the biggest-ever public offering of one of the world's most valuable companies (as measured by market cap) companies, but the company has the potential to change the world. Cost-effective space launches, artificial intelligence (AI) data centers, and satellite-based broadband connectivity are all in its wheelhouse.
It's not the only name in any of these businesses, though. While it's the biggest on most fronts, a couple of other companies are nipping at SpaceX's heels, making their stocks interesting investment prospects. Here's a closer look at both.
Image source: Getty Images.
1. Rocket Lab You know it best as a space launch service provider, putting satellites of all sorts and sizes into low Earth orbit. It's also got rockets capable of ferrying cargo and personnel to the moon, if and when people begin making regular trips there.
SpaceX, however, isn't alone in this business. A company called Rocket Lab (RKLB 7.33%) has also developed a reusable rocket -- called Electron -- that can lift smaller satellites into orbit. To date, this launch vehicle has been utilized 91 times, successfully deploying over 262 satellites.
Today's Change
(
-7.33
%) $
-7.36
Current Price
$
93.10
It's not a perfect apples-to-apples comparison. With a maximum payload capacity of 660 pounds, the Electron design is meant for relatively small equipment. SpaceX can certainly match that, but its Falcon rockets can lift a little over 50,000 pounds into low Earth orbit or send over 18,000 pounds' worth of supplies, cargo, and personnel to the moon.
Rocket Lab is closing the gap. While not quite yet ready for commercialization, Rocket Lab's reusable Neutron rocket can put payloads of nearly 30,000 pounds into orbit or be used for lunar delivery trips. Neutron is expected to begin flights by the end of this year.
The world will need all of these options, and there may be plenty of business to go around for both. Precedence Research predicts the worldwide launch market will more than double in size by 2035, reaching $70 billion per year, likely led by the medium-lift segment of the industry.
Rocket Lab may still be the better industry bet among the two investment options. Not only is it a "pure play" on launch services, but its smaller size and wider array of offerings also make it a complete solutions provider. In addition to launches, the company makes satellite components and can even help construct a satellite for a customer. Moreover, the impending $8 billion acquisition of satellite-based communications specialist Iridium Communications (IRDM 2.16%) means it will be able to monetize its existing launch capabilities and satellite know-how in a whole new way.
2. AST SpaceMobile While rockets may be SpaceX's highest-profile business, it's not its biggest. Its Starlink arm, which provides satellite-based broadband internet service, is slightly bigger. As of the latest count, over 10,000 satellites are serving over 12 million residential and mobile customers worldwide, generating nearly $4.2 billion in revenue last year.
For perspective on where things may be going, however, at one point, founder and CEO Elon Musk has suggested that more than 40,000 Starlink satellites could be put into orbit, although the number's since been dialed back to a slightly less jaw-dropping 25,000.
Like its orbital launch arm, Starlink isn't the only name in this business. While much smaller right now, a company called AST SpaceMobile (ASTS 5.22%) could prove a serious competitive threat to Starlink's hold on the satellite-to-surface broadband business.
Today's Change
(
-5.22
%) $
-4.44
Current Price
$
80.69
It doesn't necessarily look that way at first blush. Starlink has a significant head start. Indeed, AST SpaceMobile currently has fewer than a dozen functioning satellites in orbit.
But AST has one thing that SpaceX's Starlink doesn't. That's developmental partnerships with wireless carriers Verizon Communications and AT&T. Starlink is working with T-Mobile to serve its customers when they're out of reach of T-Mobile's terrestrial broadband network. With two partners instead of just one -- both of whom want to disrupt their more advanced common rival -- AST SpaceMobile could grow surprisingly quickly. To this end, analysts expect AST's stop line to grow by 140% this year before accelerating to 340% next year, dramatically reducing its losses en route to a swing to profitability by 2028.
Also like Rocket Lab, AST SpaceMobile is a true "pure play" on the satellite-delivered broadband connectivity business that Precedence believes will grow at an average pace of 13.5% through 2035, when it will be worth over $40 billion per year.
Just bear in mind this is a holding that will require patience and a stomach for volatility.
Plugs GenEco™ PEM electrolyzers to power Australia's largest renewable hydrogen project and first Hydrogen Headstart recipient to reach FIDProject supports Orica’s decarbonization efforts by producing renewable hydrogen to displace natural gas in making ammonia, underscoring Plug's expanding footprint in Australia and the Asia-Pacific regionPlug's electrolyzers to power facility expected to produce approximately 4,700 tonnes of renewable hydrogen per year
SLINGERLANDS, N.Y., July 07, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced that the 50-megawatt (MW) Hunter Valley Hydrogen Hub (HVHH) project in Newcastle, New South Wales, Australia, has reached final investment decision (FID), moving the project into execution and advancing the delivery of Plug's GenEco Proton Exchange Membrane (PEM) electrolyzers. The Hunter Valley Hydrogen Hub is being developed by Orica, a global leader in mining and infrastructure solutions operating across more than 100 countries.
Located adjacent to Orica's existing ammonia manufacturing facility on Kooragang Island, the Hunter Valley project will use renewable electricity to produce renewable hydrogen via electrolysis, progressively replacing natural gas in the company’s production of low-carbon ammonia and ammonium nitrate. These are essential products for Australia's mining, agriculture, and industrial sectors. The HVHH is the largest green hydrogen project in Australia to reach FID, and the first among the recipients of Australia's Hydrogen Headstart program, which awarded AU$432 million in production credits to support the project through the Australian Renewable Energy Agency (ARENA).
At full capacity, the facility is expected to produce approximately 4,700 tonnes of renewable hydrogen per year, displacing around 7.5 percent of Orica's natural gas consumption at Kooragang Island, the equivalent of removing approximately 26,500 cars from Australian roads annually.
"Reaching FID on the Hunter Valley Hydrogen Hub is a significant milestone for Orica, for Australia's hydrogen industry, and for Plug," said José Luis Crespo, CEO of Plug. "Being selected as the electrolyzer OEM for the country's largest renewable hydrogen project to reach FID, and the first Hydrogen Headstart project to move into the execution phase, reflects the confidence our customers place in Plug’s technology and our ability to deliver at scale. Australia is a key part of our global growth story, and this project reinforces our expanding presence across the Asia-Pacific region."
“This Final Investment Decision is a significant milestone in bringing the Hunter Valley Hydrogen Hub to life. It demonstrates Orica’s commitment to maintaining the competitiveness of both our manufacturing operations and the Hunter Valley, while strengthening Australia’s sovereign manufacturing capability. Importantly, it supports the reliable, lower-carbon supply of critical inputs to industries such as mining and agriculture," said Germán Morales, Orica Group President - AusPac and Sustainability. "We selected Plug as our electrolyzer OEM because of its proven track record in delivering large-scale PEM systems and their ability to support a project of this complexity and ambition. We look forward to bringing this facility online and supplying low-carbon ammonia to the mining, agriculture, and industrial customers who depend on us."
Plug's selection for the HVHH reflects the company's deep footprint in the Australian hydrogen market and its growing global project pipeline. Plug has significant activations in Australia, having previously supported electrolyzer projects across the country, including an electrolyzer in Townsville that has already started production, and an electrolyzer in Chinchilla, Queensland.
With more than 320 MW of GenEco electrolyzer systems deployed across six continents, Plug continues to leverage its growing installed base to optimize system performance, streamline commissioning timelines, and deliver proven, reliable hydrogen solutions at scale. The HVHH project adds to Plug's growing portfolio of landmark hydrogen projects, including the 100 MW Galp project in Portugal, one of Europe's largest electrolyzer installations, as the company's global pipeline continues to advance from development into execution.
Hear a message from Plug CEO Jose Luis Crespo on today’s announcement: https://www.plugpower.com/a-message-from-our-ceo-on-the-orica-announcement/
About Orica
Orica is one of the world’s leading mining and infrastructure solutions providers. From the production and supply of explosives, blasting systems, mining chemicals and geotechnical monitoring to our cutting-edge digital solutions and comprehensive range of services, we sustainably mobilise the earth’s resources.
Operating for 150 years, today our 14,000+ global workforce supports customers across surface and underground mines, quarry, construction, and oil and gas operations.
Sustainability is integral to our operations. We have set an ambition to achieve net zero emissions by 2050 and are committed to playing our part in achieving the goals of the Paris Agreement.
Find out more about Orica: www.orica.com.
About Plug Power
Plug is building the global hydrogen economy with a fully integrated ecosystem spanning production, storage, delivery, and power generation. A first mover in the industry, Plug provides electrolyzers, liquid hydrogen, fuel cell systems, storage tanks, and fueling infrastructure to industries such as material handling, industrial applications, and energy producers, advancing energy independence and decarbonization at scale.
With electrolyzers deployed across six continents, Plug leads in hydrogen production, delivering large-scale projects that redefine industrial power. The company has deployed over 74,000 fuel cell systems and 280+ fueling stations, and is the largest user of liquid hydrogen. Plug is rapidly expanding its generation network to ensure reliable, domestically produced supply, with hydrogen plants currently operational in Georgia, Tennessee, and Louisiana, capable of producing 40 tons per day.
With employees and state-of-the-art manufacturing facilities across the globe, Plug powers global leaders like Walmart, Amazon, Home Depot, BMW, and BP.
For more information, visit www.plugpower.com.
Safe Harbor
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, statements regarding the facility’s expected production of approximately 4,700 tonnes of renewable hydrogen per year; Plug’s expansion across the Asia-Pacific Region; Plug’s involvement in the Australian hydrogen market; Projects in Plug’s global project pipeline advancing from development into execution stage. These forward-looking statements are based on management’s current expectations and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These forward-looking statements are based on current expectations and are subject to risks, uncertainties, and assumptions, including but not limited to: Plug’s expectations regarding future opportunities deploying electrolyzers; Plug’s ability to deploy complex hydrogen systems, optimize system performance, streamline commissioning timelines, and deliver proven, reliable hydrogen solutions at scale; Plug’s ability to meet market needs with reliable and scalable execution; competition in the electrolyzer supply market; technological challenges; regulatory and policy changes; market acceptance of hydrogen solutions; Plug’s ability to achieve profitability and manage liquidity; supply chain disruptions; and general economic and market conditions. Additional risks are described in Plug’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Plug undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this release, except as required by law.
Cintas Corporation (NASDAQ:CTAS) will release its fourth quarter earnings report before the opening bell on Wednesday, July 15.
Analysts expect the Cincinnati, Ohio-based company to report quarterly earnings of $1.23 per share, up from $1.09 per share in the year-ago period. The consensus estimate for Cintas’ quarterly revenue is $2.87 billion. It reported $2.67 billion last year, according to Benzinga Pro.
On June 12, Cintas announced it had received a request for additional information from the FTC regarding its merger with UniFirst, which extends the Hart-Scott-Rodino Act waiting period for another 30 days.
Shares of Cintas fell 1.7% to close at $178.24 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 CTAS stock? Here’s what analysts think:
Photo via Shutterstock
Market News and Data brought to you by Benzinga APIs
, /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, today announced that it will release second-quarter 2026 financial results before the market opens on Thursday, July 23, 2026, and will follow with a conference call to discuss the results and business expectations at 8:00 a.m. Eastern Time.
The live webcast can be accessed by clicking here. To ask questions on the conference call, participants need to register in advance by clicking here. Registered telephone participants will receive the dial-in number along with a unique PIN number that will enable them to ask questions on the call.
A slide presentation will be made available on the day of the call in the Investors section of the Company's website. A replay of the webcast will be available on the Company's website for approximately 90 days after the event.
About West
West Pharmaceutical Services, Inc. is a leading provider of innovative, high-quality injectable solutions and services. As a trusted partner to established and emerging drug developers, West helps ensure the safe, effective containment and delivery of life-saving and life-enhancing medicines for patients. With over 10,000 team members across 50 sites including 26 manufacturing facilities worldwide, West helps support our customers by delivering over 41 billion components and devices each year.
Headquartered in Exton, Pennsylvania, West in its fiscal year 2025 generated $3.07 billion in net sales. West is traded on the New York Stock Exchange (NYSE: WST) and is included in the Standard & Poor's 500 index. For more information, visit www.westpharma.com.
All trademarks and registered trademarks used in this release are the property of West Pharmaceutical Services, Inc. or its subsidiaries, in the United States and other jurisdictions, unless otherwise noted.
A securities fraud class action lawsuit has been filed on behalf of ZoomInfo investors after its stock plummeted nearly 33% because ZoomInfo allegedly misled investors regarding its customer retention.
, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against ZoomInfo Technologies Inc. (NASDAQ:GTM) and certain of the Company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in ZoomInfo, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit.
Key Details of the ZoomInfo ($GTM) Class Action:
Lead Plaintiff Deadline: August 24, 2026 Alleged Misconduct: Securities fraud alleging that ZoomInfo misled investors regarding the impact of ZoomInfo's AI-integrated products on customer retention Stock Drop: May 12, 2026 – 33% Stock Drop Court: U.S. District Court for the Western District of Washington Action: Contact BFA Law to discuss your rights Investors have until August 24, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in ZoomInfo securities. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned Tejeda v. ZoomInfo Technologies et al., No. 26-cv-05696.
Why is ZoomInfo Being Sued for Securities Fraud?
ZoomInfo has been sued for securities fraud following a significant stock drop resulting from potential violations of the federal securities laws. The decline in ZoomInfo's stock price caused significant losses to investors.
ZoomInfo provides go-to-market ("GTM") intelligence and a customer engagement platform for sales, marketing, operations, and recruiting professionals.
Throughout the relevant period, ZoomInfo allegedly stated that "the demand for AI for GTM is evident up and down our customer stack." According to ZoomInfo, its "innovative go-to-market AI" was "driving stronger daily engagement from a diverse set of go-to-market personas."
On February 9, 2026, ZoomInfo issued its 2026 revenue guidance "in the range of $1.247 billion to $1.267 billion," because "in 2026, our focus is on bringing" ZoomInfo's "all-in-one AI platform for go-to-market teams . . . to our customers at scale."
In truth, as alleged, ZoomInfo's customer retention declined as customers were rejecting ZoomInfo's AI products.
Why did ZoomInfo's Stock Drop?
On May 11, 2026, ZoomInfo announced its Q1 2026 results and slashed its 2026 revenue guidance from $1.247-$1.267 billion to $1.185-$1.205 billion. ZoomInfo revealed that its customer growth "regressed" due to "AI and agentic confusion" leading to "a pause in [customers'] purchasing decisions[.]"
This news caused the price of ZoomInfo stock to decline $1.98 per share, or 32.78%, from a closing price of $6.04 per share on May 11, 2026, to $4.06 per share on May 12, 2026.
Click here for more information: https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit.
What Can You Do?
If you invested in ZoomInfo, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
