Track market-moving stories before they get noisy

Key Takeaways Amcor partnered with Kelpi to develop seaweed-based coatings for sustainable packaging materials.AMCR is testing the technology to expand AmFiber with strong barriers and recyclability.AMCR expects bio-based coatings to reduce fossil feedstock use and lower carbon footprints. Amcor plc (AMCR - Free Report) announced a partnership with Kelpi to develop advanced coating technologies that will boost the company’s performance and sustainability of packaging materials. This move is in sync with AMCR’s strategy to focus on developing sustainable packaging solutions with high functional standards.

Details of Amcor-Kelpi PartnershipKelpi is a U.K.-based startup whose technology offers incredible potential by combining processability, gas and moisture barrier performance, and paper recyclability. Kelpi’s proprietary coating technology platform, which is a bio-based seaweed material designed to deliver high barrier performance. It is also compatible with recycling streams for fiber-based packaging.

Amcor is testing the technology to expand its AmFiber portfolio, ensuring these fiber-based solutions meet strict requirements for barrier performance, high running speeds and circularity. By using bio-based coatings, Amcor will gain from the reduced reliance on fossil fuel-derived feedstocks and greater use of renewable resources. This will result in a lower carbon footprint. The partnership will combine Kelpi’s technology with Amcor’s global research, development capabilities and scale to test commercially viable, scalable solutions for customers.

Amcor’s Q3 PerformanceAMCR delivered third-quarter fiscal 2026 adjusted earnings of 96 cents per share, rising 6% year over year and meeting the Zacks Consensus Estimate. Reported net sales climbed 77% from the year-ago quarter to $5.91 billion and beat the consensus mark of $5.69 billion.

Results reflected the first full year of the Berry combination and continued integration progress, including $77 million of acquisition synergies in the quarter, along with cost and productivity actions that supported profitability.

AMCR’s Price PerformanceOver the past year, the company’s shares have lost 5% compared with the industry’s 3.7% decline.

Image Source: Zacks Investment Research

Amcor’s Zacks Rank & Stocks to ConsiderAMCR currently carries a Zacks Rank #3 (Hold). 

Some better-ranked stocks from the Industrial Products sector are Tennant Company (TNC - Free Report) , Fastenal Company (FAST - Free Report) and RBC Bearings Incorporated (RBC - Free Report) . TNC flaunts a Zacks Rank #1 (Strong Buy), and FAST and RBC carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here.

Tennant has an average trailing four-quarter earnings surprise of 40.8%. The Zacks Consensus Estimate for TNC’s 2026 earnings is pinned at $5.12 per share. The company’s shares have gained 14% in a year.

Fastenal has an average trailing four-quarter earnings surprise of 0.1%. The Zacks Consensus Estimate for FAST’s 2026 earnings is pinned at $1.23 per share, which indicates year-over-year growth of 13.1%. The company’s shares have grown 14% in a year. 

The Zacks Consensus Estimate for RBC Bearings’ fiscal 2027 earnings is pegged at $14.17 per share. The company has a trailing four-quarter average earnings surprise of 6.2%. RBC shares have gained 65% in a year.

Key Takeaways CELH is expanding beyond North America through a measured, partnership-led international strategy. International revenues rose 55% to $35.3M, driven by the Nordics and newer expansion markets. CELH launched in Spain through Suntory, with Portugal expected as the next European market. Celsius Holdings, Inc. (CELH - Free Report) is expanding its global footprint beyond North America through a measured, partnership-led strategy. International remains a smaller part of the business, but the latest quarter showed clear progress across both established markets and newer expansion regions.

International revenues increased 55% year over year to $35.3 million in the first quarter of 2026 from $22.7 million in the prior-year period. Growth was driven by the Nordics and continued momentum in expansion markets, including the United Kingdom, Ireland, France, Australia, New Zealand and Benelux.

The company also advanced its European expansion with the launch of CELSIUS in Spain through an exclusive sales and distribution agreement with Suntory Beverage & Food Spain. Portugal is expected to be the next market in the European footprint, also through the Suntory partnership. This reflects Celsius’ focus on key markets, strong local partnerships, disciplined launch plans, and sustained marketing and distribution support.

The setup gives Celsius a longer international runway, especially as its global headquarters in Dublin is now in place to support deeper execution in existing markets and future market entries. However, the scale gap remains significant. International revenues of $35.3 million were still far below North America’s $747.3 million in the quarter, implying that the overseas business is growing quickly but from a much smaller base.

For now, CELH’s international strategy appears to be gaining traction, supported by growth in existing markets, the Spain launch and a planned Portugal entry through Suntory. Still, sustaining a 55% growth rate will depend on steady execution across current expansion markets and disciplined new-market rollouts.

CELH Stock Price Performance, Valuation & EstimatesShares of Celsius Holdings have tumbled 36.3% over the past year compared with the industry’s decline of 23.8%. The company currently carries a Zacks Rank #3 (Hold).

CELH Price Performance Versus Industry
Image Source: Zacks Investment Research

From a valuation standpoint, CELH trades at a forward price-to-earnings ratio of 16.46, higher than the industry’s average of 14.42.

CELH Valuation Compared to Industry
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for CELH’s current and next fiscal-year earnings per share implies year-over-year growth of 18.7% and 23.8%, respectively.

Better-Ranked Stocks to ConsiderDarling Ingredients Inc. (DAR - Free Report) is a global leader in converting food waste and animal by-products into sustainable ingredients and renewable energy products. DAR currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Darling Ingredients’ current fiscal-year sales and earnings suggests a year-over-year increase of 12.3% and 575.6%, respectively. DAR delivered a trailing four-quarter earnings surprise of 14.8%, on average.

B&G Foods, Inc. (BGS - Free Report) manufactures, markets and distributes a broad portfolio of shelf-stable, frozen and specialty food products. BGS carries a Zacks Rank #2 (Buy).

The Zacks Consensus Estimate for B&G Foods’ current financial-year earnings calls for year-over-year growth of 11.8%.

Tyson Foods, Inc. (TSN - Free Report) , a major food company focused on chicken, beef, pork and prepared foods, carries a Zacks Rank #2 at present.

The Zacks Consensus Estimate for Tyson Foods’ current financial-year sales and earnings indicates growth of 4.4% and 1.1%, respectively, from the prior-year reported levels. TSN delivered a trailing four-quarter earnings surprise of 18.1%, on average.

Progress Software (PRGS +19.12%) stock is surging in Wednesday's trading, having risen 17.9% as of 11 a.m. ET. The S&P 500 was flat% at the same point in the daily session, and the Nasdaq Composite was down 0.4%.

After yesterday's market close, Progress published results for the second quarter of its current fiscal year -- which ended May 31. The company posted sales and earnings for the period that beat Wall Street's expectations, and investors are also liking the software specialist's forward guidance.

Image source: Getty Images.

Progress Software beats Wall Street's fiscal Q2 targets Progress Software recorded non-GAAP (adjusted) earnings of $1.62 on sales of $253.5 million in fiscal Q2, beating the average Wall Street analyst estimate's call for per-share earnings of $1.49 on sales of $242.74 million. Sales unexpectedly rose 6.7% year over year in the quarter, and net income surged 24% compared to the prior-year period. The company saw strong demand across its product portfolio, with AI-powered offerings helping to lift sales and earnings performance in the quarter.

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What's next for Progress Software? Along with its fiscal Q2 report, Progress raised its earnings guidance for the fiscal year. The company now expects sales for the period to come in between $990 million and $1.02 billion -- up from its previous guidance for sales between $988 million and $1 billion. Meanwhile, adjusted earnings per share are projected to be between $6.09 and $6.21 -- with the midpoint of its guidance reflecting an $0.18 per share increase over its previous target.

The company also hiked its targets for adjusted free cash flow to between $271 million and $283 million for the year and unlevered free cash flow to between $323 million and $334 million. With Progress Software posting better-than-expected fiscal Q2 results and forward guidance and investors rotating cash back into software stocks, the company's valuation is getting a big boost today.

Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Broadcom (NASDAQ:AVGO | AVGO Price Prediction) and Marvell Technology (NASDAQ:MRVL) both posted earnings centered on custom AI silicon. Broadcom reported Q2 FY2026 revenue of $22.187 billion, up 47.9% year over year, on June 3, 2026. Marvell followed with $2.418 billion in Q1 FY2027 revenue on May 27, 2026. Same theme, vastly different scale.

Custom Accelerators Explode at Broadcom. Optics Carry Marvell. Broadcom’s AI semiconductor revenue reached $10.80 billion, up 143% year over year, powered by custom AI accelerators and Ethernet AI switches for hyperscalers. CEO Hock Tan called Q3 a step change, guiding AI semi revenue to $16.0 billion, over 200% year over year. Few chipmakers can credibly deliver that forecast.

Marvell’s story is narrower but solid. Its Data Center segment hit $1.833 billion, up 27% year over year and 11% sequentially, representing 76% of total revenue. CEO Matt Murphy pointed to “exceptional AI-related bookings” across 800G and 1.6T optics, 51.2T Ethernet switches, and custom XPU designs. Real demand, yet a fraction of Broadcom’s velocity.

Business Driver Broadcom Marvell Quarterly AI revenue $10.80B $1.83B data center Growth engine Custom ASICs, VMware Optics, custom XPU Next-quarter guide ~$29.4B, +84% YoY $2.70B, +35% YoY Ironclad Hyperscaler Grip vs. Acquisition-Fueled Catch Up Broadcom holds roughly 70% share of the custom AI ASIC market and runs multi-billion-dollar hyperscaler programs with adjusted EBITDA margins near 68%. Its free cash flow of $10.262 billion in a single quarter matches roughly what Marvell generates annually.

Marvell is buying its way into the interconnect fight, closing Celestial AI on February 2, 2026 and XConn Technologies on February 10, 2026, then raising $2 billion in Series A Convertible Preferred Stock on March 31, 2026. Bold, but capital-intensive.

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Valuation sharpens the contrast. AVGO trades at a forward P/E of 32. MRVL sits at a forward P/E of 66 after a 250.96% year-to-date rally. That is steep for a smaller player.

The Q3 Earnings Report Will Settle the Argument Watch whether Broadcom lands the $16.0 billion AI quarter it promised, validating the hyperscaler pipeline through 2027. For Marvell, the tell is whether 1.6T optics and custom XPU ramps translate booked demand into gross margin expansion alongside top-line growth.

What the Fundamentals Suggest On the numbers, Broadcom trades at roughly half the earnings multiple while delivering nine times the revenue, deeper hyperscaler entrenchment, and a software leg via VMware that Marvell lacks. That combination gives AVGO’s risk-reward profile a more grounded fundamental base. Marvell’s setup appears geared toward growth-oriented positioning with concentration risk and a rich multiple, with upside tied to how quickly acquired optics scale. If AI capex tightens even modestly, the premium priced-in at MRVL is harder to defend on the fundamentals than Broadcom’s diversified $29.4 billion revenue base. On the metrics available, Broadcom screens as the more diversified infrastructure compounder.

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Contact [email protected] for any questions or corrections.

COLUMBIA, Md., July 01, 2026 (GLOBE NEWSWIRE) -- Tenable® Holdings, Inc. (NASDAQ: TENB), the exposure management company, today announced that Gartner has identified Tenable as the company to beat for AI-powered exposure assessment in its report, AI Vendor Race: Tenable Is the Company to Beat for AI-Powered Exposure Assessment.

According to Gartner, "Tenable's long-standing dominance in vulnerability assessment, its strong asset and attack surface discovery capabilities, and its ability to execute on its AI strategy make it the front-runner in AI-powered exposure assessment."

The Gartner report further notes that, “Tenable’s broad attack surface coverage sets it apart from competitors. Tenable One is a well-integrated platform that spans traditional IT, identity, cloud, CPS and container environments.” Gartner adds that, “This visibility extends to emerging attack surfaces such as AI. Tenable identifies shadow AI usage and can also prioritize AI exposures like sensitive data leakage, misconfigurations, novel AI attacks, risky agent behavior, and unsafe integrations with external tools.”

“Cybersecurity is entering a new era where AI is changing both how organizations operate and how attackers exploit them," said Mark Thurmond, co-CEO, Tenable. "Organizations need a modern approach that not only gives them complete visibility across their expanding attack surface, but helps them act on risk faster. We believe Gartner's recognition reflects our continued commitment to enabling customers to keep pace with that change.”

We feel the Gartner recognition builds on a series of recent AI milestones for Tenable. In recent months, the company announced the general availability of Tenable Hexa AI, the agentic AI engine inside the Tenable One Exposure Management Platform, expanded its Tenable One AI Exposure capabilities to help customers protect their AI attack surface, and joined a select group of cybersecurity companies participating in both Anthropic's Project Glasswing initiative and OpenAI's Daybreak Cyber Partner Program. Together, these investments are helping shape the next generation of AI-powered cybersecurity while enabling customers to move beyond identifying exposures to continuously prioritizing and reducing cyber risk.

“We're still in the early innings of AI in cybersecurity,” said Steve Vintz, co-CEO, Tenable. “The next phase isn't just identifying exposures – it's enabling security teams to continuously understand, prioritize and remediate them with AI working alongside people. That's where we're investing, and where we believe the market is headed.”

To read Gartner’s AI Vendor Race: Tenable Is the Company to Beat for AI-Powered Exposure Assessment, Gartner subscribers can access it here: https://www.gartner.com/document-reader/document/8048333

Gartner Disclaimer
Gartner, AI Vendor Race: Tenable Is the Company to Beat for AI-Powered Exposure Assessment, Elizabeth Kim, Isy Bangurah, Mitchell Schneider and Luis Castillo, June 24, 2026.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's Research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Tenable
Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for over 40,000 customers around the globe. Learn more at tenable.com.

Media Contact:
Tenable
[email protected]

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the expected capabilities, benefits, and performance of Tenable Hexa AI, the Tenable One Exposure Management Platform, and Tenable's participation in Anthropic's Project Glasswing initiative and OpenAI's Daybreak Cyber Partner Program, the expected impact of these initiatives and solutions on risk prioritization, remediation, and security posture, and the anticipated use and effectiveness of frontier AI in cybersecurity workflows. These statements are subject to risks and uncertainties that could cause actual results to differ materially, including risks related to the development, adoption, and performance of new and unproven technologies (including agentic AI, large language models, and automated remediation workflows), the potential that such technologies may not deliver their anticipated benefits or accurately prioritize risk, and other factors described under "Risk Factors" in Tenable's most recent Annual Report on Form 10-K and subsequent reports filed with the SEC. Tenable undertakes no obligation to update these statements to reflect events occurring after the date hereof.

Kyndryl Sovereignty Solutioning combined with Microsoft Sovereign Cloud capabilities helps customers strengthen choice, control and resilience

, /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced an expansion of its sovereignty solutioning through new capabilities and services with Microsoft. The collaboration combines Kyndryl Sovereignty Solutioning with Microsoft Sovereign Cloud capabilities to help customers design, build and operate cloud architectures that align with evolving data residency and operational requirements while maintaining flexibility and innovation.

The capabilities support the full spectrum of Microsoft's sovereign cloud approach, including public cloud capabilities and private cloud solutions using Microsoft Azure Local, enabling architectures that meet evolving data residency and operational requirements. Together, Kyndryl and Microsoft help organizations address sovereignty across data and operational domains, translating regulatory frameworks into practical, scalable architectures that support modernization, AI‑enabled use cases and long‑term compliance.

Governments and highly regulated industries are navigating geopolitical uncertainty, expanding data localization preferences and increasingly complex IT environments. As sovereignty becomes a design principle for IT strategies, organizations need trusted partners to translate regulatory frameworks such as GDPR, DORA and NIS2 into practical architectures. The joint capabilities combine Kyndryl's advisory, engineering and operational expertise with Microsoft's sovereign cloud offerings to address these needs.

"Kyndryl understands the reality of sovereignty through our firsthand experience with government expectations in Europe, and our strategic alliance with Microsoft brings together complementary strengths to help customers operationalize sovereignty in a practical, scalable way," said Giovanni Carraro, Global Strategic Alliances Leader, Kyndryl. "By collaborating with Microsoft, we can help customers align their sovereignty goals with real-world architectures, thus balancing control, resilience and performance across hybrid and distributed environments."

"Kyndryl's deep expertise in designing and operating complex, regulated environments complements Microsoft's comprehensive sovereign cloud capabilities, including controls designed to support data residency requirements, access governance and regulatory compliance," said Ihab Foudeh, EMEA Enterprise Partner Solutions General Manager, Microsoft. "Together, we are helping organizations adopt cloud services in ways that respect their local requirements while still enabling modernization and innovation."

Customers can leverage Kyndryl's Sovereignty Readiness Assessment to evaluate their current posture across data, operational and technical domains, identify gaps and dependencies and develop a phased roadmap. Kyndryl will support implementation and ongoing operations using sovereignty-ready architectures that incorporate Microsoft Sovereign Cloud capabilities, including public cloud solutions using Microsoft Azure and Microsoft 365, and sovereign private cloud solutions using Azure Local in connected and disconnected deployment models designed to support varying levels of data residency, operational independence and jurisdictional control as needed.

This complementary, unified approach supports sensitive and regulated workloads, including AI-enabled use cases, with a focus on data governance and model locality.

Kyndryl brings deep experience managing mission-critical systems end-to-end and can help customers integrate Microsoft's sovereign public cloud capabilities alongside private cloud solutions, regional providers and on-premises infrastructure. This enables organizations to maintain flexibility and choice while operating under sovereignty constraints with appropriate controls and visibility. For example, governments and organizations in highly regulated industries such as financial services can leverage these capabilities to support workloads requiring strict data residency, enhanced auditability and controlled operational access within national or regional boundaries.

Learn more about Kyndryl Sovereignty services.

About Kyndryl
Kyndryl (NYSE: KD) is a leading provider of mission-critical enterprise technology services offering advisory, implementation and managed services to thousands of customers in more than 60 countries. As the world's largest IT infrastructure services provider, the Company designs, builds, manages and modernizes the complex information systems that the world depends on every day. For more information, visit www.kyndryl.com.

Kyndryl Press Contact
[email protected]

Forward-Looking Statements 
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements often contain words such as "aim," "anticipate," "believe," "could," "estimate," "expect," "forecast," "intend," "may," "objectives," "opportunity," "plan," "position," "predict," "project," "should," "seek," "target," "will," "would" and other similar words or expressions or the negative thereof or other variations thereon. All statements other than statements of historical fact, including without limitation statements concerning the Company's plans, objectives, goals, beliefs, business strategies, future events, business condition, results of operations, financial position, business outlook and business trends and other non-historical statements, are forward-looking statements. These statements do not guarantee future performance and speak only as of the date of this press release. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Actual outcomes or results may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties, including those described in the "Risk Factors" section of the Company's most recent Annual Report on Form 10-K, and may be further updated from time to time in the Company's subsequent filings with the Securities and Exchange Commission.

SOURCE Kyndryl

, /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, today announced that funds managed by Blue Owl have successfully completed the previously announced acquisition of Sila Realty Trust, Inc. ("Sila" or "the Company"), a net lease real estate investment trust with a strategic focus on investing in the growing and resilient healthcare sector.

"The acquisition of Sila and its differentiated, scaled portfolio of high-quality healthcare assets with strong tenants and well-structured long-term leases will further expand Blue Owl's core net lease strategy," said Marc Zahr, Co-President and Global Head of Real Assets at Blue Owl. "This transaction builds on the firm's experience investing across the healthcare landscape and represents an opportunity to capitalize on the strong supply and demand fundamentals in the healthcare real estate sector while delivering compelling value for investors and the communities these facilities serve."

At Sila's Special Meeting of Stockholders held on June 26, 2026, more than 98% of votes were cast in favor of approving the merger agreement. Upon closing of the transaction, Sila's common stock ceased trading and will be delisted from the New York Stock Exchange, and Sila's common stockholders received $30.38 per share in cash, representing an approximately 19% premium over the closing share price on April 17, 2026, the last full trading day prior to the transaction announcement.

The completion of the transaction marks an important milestone for Blue Owl's Real Assets platform and reflects the firm's continued focus on expanding its presence across essential real estate sectors. As part of Blue Owl's Real Assets platform, the Sila portfolio will benefit from the firm's institutional scale, investment expertise and long-standing relationships across the real estate market, creating a strong foundation for continued growth and long-term value creation.

Advisors

BofA Securities served as Sila's exclusive financial advisor. Hogan Lovells US LLP served as the Company's legal counsel.

Citigroup Global Markets Inc. acted as lead financial advisor to Blue Owl and Truist Securities, Inc. also acted as financial advisor and Newmark Group, Inc. served as real estate advisor. Kirkland & Ellis LLP served as legal advisor to Blue Owl. Dechert LLP served as legal advisor to Citigroup Global Markets Inc. and Truist Securities, Inc.

About Blue Owl

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®. With $315 billion in assets under management as of March 31, 2026, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,390 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com or LinkedIn: https://www.linkedin.com/company/blue-owl-capital.

About Sila Realty Trust, Inc.

Sila Realty Trust, Inc., headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the growing and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care in the pursuit of generating predictable, durable, and growing income streams. Sila's portfolio comprises high quality tenants in geographically diverse facilities, which are positioned to capitalize on the dynamic delivery of healthcare to patients. As of March 31, 2026, the Company owned 137 real estate properties and three undeveloped land parcels, located in 65 markets across the United States.

Investor Contact      
Ann Dai           
Head of Investor Relations          
[email protected]

Miles Callahan, Senior Vice President – Acquisitions, Capital Markets, Research & Credit
833-404-4107
[email protected]

Media Contact
[email protected]

SOURCE Blue Owl Capital

Key Takeaways Charles River is supported by RMS strength, broader CRADL adoption and focused portfolio actions.CRL completed CDMO and Cell Solutions divestitures and repurchased $200M of stock in Q1 2026.CRL faces soft biopharma demand and foreign exchange headwinds that may weigh on 2026 results. Charles River Laboratories International, Inc. (CRL - Free Report) is well-poised to grow in the coming quarters owing to the strength of its Research Models and Services (“RMS”) business and broader CRADL adoption. Strategic deals continue to broaden its capabilities while streamlining its portfolio. The company maintains a solid financial position, which is also highly encouraging. Yet, persistent soft biopharma demand trends and adverse currency swings may hurt Charles River’s results of operations.

Over the past year, this Zacks Rank #3 (Hold) stock has rallied 44.6% compared with the industry’s 9.6% rise and the S&P 500 composite’s 23% growth.

The renowned, non-clinical global drug development company has a market capitalization of $10.87 billion. Charles River has an earnings yield of 4.9%, which compares favorably with the industry’s 4.1% yield. It surpassed estimates in each of the trailing four quarters, delivering an average earnings surprise of 9.31%.

Let’s delve deeper.

Upsides for CRL StockRMS Prospects Seem Bright: Charles River continues to maintain its position as a global leader in the production and sale of widely used research models. Small research models remain a cost-effective tool for biomedical research, supporting the company’s ability to implement pricing actions across geographies over time.

In the first quarter of 2026, management highlighted continued demand for small models in China from mid-tier biotech and CRO clients and emphasized that RMS results can vary from quarter to quarter based on the timing of large-model shipments. Charles River’s CRADL model also continues to appeal to clients seeking flexible vivarium space without having to build internal infrastructure, with its value proposition becoming even more attractive as clients prioritize capital efficiency.

Image Source: Zacks Investment Research

Strategic Deals Drive Growth: Charles River is reshaping its portfolio to focus on areas where it has differentiated scientific capabilities. The company completed the previously announced divestiture of its contract development and manufacturing organization (CDMO) and Cell Solutions businesses on May 6, 2026.  CRL continues to use collaborations and selective acquisitions to broaden its capabilities across the discovery-to-development continuum while maintaining a more focused go-forward portfolio.

Its strategic collaborations within its CDMO, including partnerships with the Parker Institute for Cancer Immunotherapy, Children's Hospital Los Angeles and the Gazi University Faculty of Medicine, are aimed at advancing novel oncology research and development. In 2025, Charles River participated in several collaborations, including those with Toxys, X-Chem and the Francis Crick Institute, among others.

A Stable Solvency Structure: Charles River exited the first quarter of 2026 with cash and cash equivalents of $191.8 million, and no short-term debt payable on its balance sheet. The company continues to balance investment, shareholder returns and funding needs. Charles River also repurchased $200 million of stock under the $1.0 billion authorization, leaving $800 million remaining at quarter-end. 

Factors Affecting Charles RiverBiopharma Demand Remains Soft: Charles River continues to face a cautious spending environment, particularly among global biopharmaceutical and biotechnology clients within the DSA segment, as customers reassess budgets, reprioritize drug pipelines and manage cost structures. While management characterized the biopharma demand environment as stabilizing, spending levels are yet to return to prior norms.

First-quarter 2026 organic revenues declined 1.5%, reflecting pressure in RMS and discovery services. Management also noted that revenues from small and mid-sized biotech clients dropped during the quarter due to the lagged impact of softer DSA bookings in mid-2025, highlighting that improved funding conditions do not translate into revenues immediately.

Foreign Exchange Can Obscure Underlying Trends: Foreign currency translation increased Charles River’s reported first-quarter 2026 revenues by 2.8%, partially masking the underlying organic decline. Management also lowered its 2026 reported revenue outlook by approximately 50 basis points due to updated foreign exchange assumptions. Given the company’s sizable international footprint, foreign exchange volatility can create discrepancies between reported and organic performance and make period-to-period comparisons more challenging.

CRL Stock Estimate TrendThe Zacks Consensus Estimate for CRL’s 2026 earnings has increased 1 cent to $11.05 in the past 30 days.

The Zacks Consensus Estimate for the company’s 2026 revenues is pegged at $3.83 billion, suggesting a 4.5% decrease from the year-ago reported number.

Key PicksSome better-ranked stocks in the broader medical space are Globus Medical (GMED - Free Report) , Align Technology (ALGN - Free Report) and Integra LifeSciences (IART - Free Report) .

Globus Medical has an earnings yield of 5.9% compared to the industry’s negative 3.5% yield. Its earnings surpassed estimates in each of the trailing four quarters, with the average surprise being 26.3%. GMED shares have rallied 27.8% against the industry’s 10.9% decline over the past year.

GMED carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Align Technology, carrying a Zacks Rank #2, has an estimated long-term earnings growth rate of 10.3% compared with the industry’s 5.5% growth. Shares of the company have dipped 15.3% against the industry’s 9.1% growth. ALGN’s earnings outpaced estimates in three of the trailing four quarters and missed on one occasion, the average surprise being 7.8%.

Integra LifeSciences, carrying a Zacks Rank #2, has an earnings yield of 13.6% against the industry’s negative 3.5% yield. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 16.7%. IART shares have rallied 33.3% against the industry’s 10.9% decline over the past year.

Here’s what investors need to know.

CoreWeave stock is among today’s weakest performers. Why is CRWV stock falling? According to Bloomberg, Meta’s internal "Meta Compute" initiative could include selling access to AI models hosted on Meta infrastructure as well as raw computing capacity, a model described as similar to neocloud companies like CoreWeave. Meta’s plans remain in development and could change, and a company spokesperson declined to comment.

The report is a direct overhang for CoreWeave because the company’s business is built around selling high-performance GPU cloud capacity for AI workloads. CoreWeave operates as an AI infrastructure provider, offering cloud access to GPU clusters and data centers designed to support demanding AI workloads.

Meta Could Pressure AI Compute PricingInvestors may be selling CRWV on fears that Meta could become a powerful competitor in the same market. Unlike smaller AI cloud providers, Meta already owns massive data-center infrastructure, AI chips, models and developer relationships. If Meta begins renting unused compute, it could increase supply, pressure GPU rental pricing and weaken CoreWeave’s scarcity premium.

That matters because CoreWeave trades as a high-growth AI infrastructure play. Any sign that hyperscalers may flood the market with competing compute could compress CRWV’s multiple, even if AI demand remains strong.

CoreWeave Technical Levels To WatchFrom a trend perspective, CRWV is still in a repair phase: it’s trading 13.4% below its 20-day SMA and 18.2% below its 50-day SMA, which tells you recent rallies have struggled to stick. It’s also 9.9% below the 100-day SMA and 10.9% below the 200-day SMA, keeping the longer-term posture tilted defensive even after the earlier golden cross in May.

MACD is the cleaner momentum read right now, and it’s below its signal line with a negative histogram, which points to upside pressure fading versus the prior upswing. In plain term, MACD vs. the signal line helps gauge whether momentum is building or cooling, and this setup says buyers still need to prove they can regain control.

The 20-day SMA sitting below the 50-day SMA adds to the near-term bearish structure, even though the 50-day SMA remains above the 200-day SMA (the golden cross from May). Zooming out, the stock is still down 42.60% over the past 12 months, so bulls generally want to see a base form before expecting a sustained trend reversal.

Key Resistance: $91.00 — a nearby round-number area where rebounds can stall before the stock can work back toward its short-term moving averages Key Support: $87.00 — a nearby pivot zone where buyers may try to defend the recent range and prevent a deeper slide toward the lower end of the 52-week band What Is CoreWeave and Its Business Model?CoreWeave is a modern cloud infrastructure company that offers Nvidia GPUs and other essential AI hardware with optimized efficiency to handle the most demanding AI training and inference workloads. Its cloud platform supports the development and use of foundational large language models and the delivery of next-generation AI applications to satisfy the growing demand for AI around the world.

In practice, that puts the company in the middle of the AI compute buildout, where customers care about access to high-end GPUs, uptime, and the ability to scale quickly. For the stock, that means sentiment can swing hard with changes in AI spending expectations and broader risk appetite for high-growth infrastructure plays.

CoreWeave Stock Price Activity TodayCRWV Stock Price Activity: CoreWeave shares were trading lower by 10.55% to $89.04 at the time of publication on Wednesday, according to Benzinga Pro data.

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Key Takeaways Equinor increased its ownership in Fram, Mulder, Gronngylt and Grosbeak through an asset swap with Var Energi.The deal boosts near-term production while expanding Equinor's future development pipeline on the NCS.Peon will advance as a subsea tie-back to Gjoa, leveraging existing infrastructure to lower development costs. Equinor ASA (EQNR - Free Report) has strengthened its portfolio on the Norwegian Continental Shelf (NCS) through a strategic asset swap with Var Energi, reinforcing its long-term production and value creation strategy. Subject to customary approvals, the carve-out and operatorship transfer will take effect upon transaction closing, with Equinor operating the assets until that time.

Under the agreement, Equinor transferred a 32.5% interest and operatorship in the Peon gas discovery while retaining significant ownership. In return, the company acquired a 5% stake in the producing Fram field, increasing its ownership to 50%. It acquired a 40% interest across the Mulder and Gronngylt discoveries, which raised its stakes in those assets to 85%.

EQNR expanded its presence in the Grosbeak prospect by securing a 15% stake in the PL090JS discovery, increasing its total to 36% and a 10% stake in the PL925 discovery, raising its ownership to 76%. These acquisitions enhance Equinor's position in the highly prospective Troll-Fram area and increase its exposure to producing and near-development assets.

The transaction improves the quality of Equinor's asset portfolio by exchanging a portion of a single undeveloped project for a diversified mix of producing assets and development opportunities. The additional stake in the Fram field is expected to support near-term production and cash flow generation, while increased ownership in the Mulder, Gronngylt and Grosbeak discoveries expands the company's future development pipeline. These assets also benefit from their proximity to existing infrastructure, enabling lower cost development, faster commercialization and improved capital efficiency.

The transaction also accelerates the development of the Peon gas discovery, one of the largest undeveloped gas discoveries on the NCS, with estimated recoverable resources of 105-195 million barrels of oil equivalent. Located approximately 60 kilometers from the Gjoa field, Peon is slated for development as a subsea tie-back to the established Gjoa platform. By processing the extracted gas at the Karsto plant, EQNR is expected to successfully reduce emissions, cut development costs and extend the lifecycle of existing facilities.

The asset swap aligns with Equinor's broader strategy of optimizing its NCS portfolio through disciplined capital allocation and asset management. By increasing its exposure to high-quality producing assets while accelerating low-cost tie-back developments, EQNR is strengthening its business model and improving its production outlook, ultimately enhancing its appeal to investors.

Equinor currently carries a Zacks Rank #3 (Hold).

With Brent crude prices trading above the $70-per-barrel mark and West Texas Intermediate (“WTI”) crude prices trading around the $70-per-barrel mark, according to oilprice.com, upstream players like W&T Offshore, Inc. (WTI - Free Report) and integrated players like Vista Energy, S.A.B. de C.V. (VIST - Free Report) , Aker BP ASA (AKRBY - Free Report) and EQNR, all of which have a presence in upstream operations, are benefiting from the elevated crude pricing environment. WTI and VIST currently carry a Zacks Rank #2 (Buy) each, while AKRBY sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

W&T Offshore has a strong offshore footprint in the Gulf of America, which spans approximately 605,000 acres and supports a large reserve base. WTI's 1P and 2P reserves provide 20 years’ production potential and resource longevity.

Vista operates 205,600 acres in Argentina's premier shale basin, the Vaca Muerta. Supported by this massive footprint, VIST expects to achieve a production rate of 200 thousand barrels of oil equivalent per day by 2030.

Aker BP extracts oil and gas on the Norwegian continental shelf, serving as operator for the Alvheim, Edvard Grieg/Ivar Aasen, Valhall, Skarv, and Ula field centers, and as a partner in the Johan Sverdrup field. AKRBY strengthened its exploration portfolio across the Norwegian Continental Shelf by acquiring a 19% interest in several high-potential licenses, including Grosbeak, Swisher, Toppand and Rover.

Meta Platforms Inc's (NASDAQ:META, XETRA:FB2A, SIX:FB) plan to sell spare computing power is less a bold expansion than an admission, that the company has built so much AI capacity it now needs somewhere to put the surplus.

The Facebook and Instagram owner has spent heavily on data centres and chips to chase its artificial intelligence ambitions, a spree that has repeatedly unsettled investors worried about where the returns will come from.

Selling access to that infrastructure reframes the question.

Excess compute that would otherwise sit idle becomes a revenue line, and the capital budget that spooked the market starts to look less like a bet and more like a hedge.

It also drops Meta into direct competition with Amazon Web Services, Microsoft Azure and Google Cloud, the three companies that dominate cloud infrastructure and treat it as a core profit engine rather than an afterthought.

That is the awkward part of the strategy.

Meta would be entering a mature, margin-sensitive market as the newest and least proven vendor, pitching capacity to customers who may also be rivals or wary of feeding a social media giant their AI workloads.

The move borrows directly from Amazon's origin story, where internal infrastructure built for the retail business was rented out and became the industry's most profitable cloud operation.

Whether Meta can repeat that trick is unproven because renting compute is a service business with support, reliability and enterprise sales demands that differ sharply from running social networks.

Still, the logic is hard to fault.

If the AI arms race forces hyperscalers to over-build to avoid being caught short, monetising the overhang is the rational response, and it gives Meta a partial answer to the capex critics.

The signal to watch is pricing, because a company sitting on surplus capacity has every incentive to undercut, and that could squeeze the incumbents' fattest margins.

Enables faster rollout of new features and a more seamless experience for millions of users July 01, 2026 09:00 ET  | Source: Kyivstar Group Ltd

KYIV, Ukraine and NEW YORK, July 01, 2026 (GLOBE NEWSWIRE) -- Kyivstar Group Ltd. (“Kyivstar”) (Nasdaq: KYIV; KYIVW), the parent company of JSC Kyivstar, Ukraine’s leading digital operator and part of VEON Group (Nasdaq: VEON), today announced in partnership with Visa, a world leader in digital payments, that Uklon, Ukraine’s leading ride-hailing service and part of Kyivstar’s digital ecosystem, has integrated the Visa Acceptance Platform into its application.

The launch of the new platform will strengthen Uklon’s payment infrastructure in Ukraine and deliver a faster, more seamless payment experience for millions of riders. The platform has already successfully launched in the Uklon app, enabling seamless in-app transactions, instant refunds, and transaction cancellations.

“Integrating the Visa Acceptance Platform represents a significant step forward in modernizing Uklon’s payment capabilities,” said Mykola Solomiichuk, Chief Financial Officer of Uklon. “This partnership enables us to deliver the fast, reliable payment experience our users expect while further establishing our robust, resilient and secure digital mobility ecosystem serving millions across Ukraine.”

Kyivstar President Oleksandr Komarov stated, “Strengthening digital payment infrastructure is essential to advancing Ukraine’s digital economy and expanding access to innovative services. Uklon’s integration with the Visa Acceptance Platform demonstrates our commitment to leveraging technology partnerships that enhance the user experience, drive growth across our digital ecosystem, and reinforce Ukraine’s position as a hub for digital innovation.”

“Visa Acceptance Platform aims to provide our partners around the globe with resilient, robust, and secure architecture that fuels innovation and growth,” said Tetiana Chorna, Visa Vice President, Country Manager for Ukraine. “We are pleased to support Uklon in the expansion of its digital mobility services by offering solutions that streamline payments for millions of riders across Ukraine.”

The integration builds on Uklon’s ongoing transformation into a comprehensive urban mobility and digital services ecosystem, which today spans ride-hailing, delivery, advertising, and intercity travel. Strengthening Uklon’s payments infrastructure is expected to support continued growth across Kyivstar’s digital service offerings and reinforce payments as a key driver of user engagement.

The collaboration underscores Visa’s ongoing commitment to enabling secure, fast, and innovative digital payments while supporting the growth of smart mobility in Ukraine.

About Uklon

Uklon is a technology company that developed the eponymous mobile application. Founded in Kyiv in 2010, Uklon started as a ride-hailing platform and has evolved into a multi-service digital ecosystem integrating ride-hailing, Uklon Delivery, Uklon Ads, and the Uklon Travel bus ticket booking service. As of June 2026, the Uklon service is available in 27 cities across Ukraine and at the Bukovel tourist complex. The company also operates in Tashkent, Uzbekistan.

In April 2025, Uklon was acquired by JSC Kyivstar, a wholly owned subsidiary of Kyivstar Group Ltd. (Nasdaq: KYIV; KYIVW), whose shares are traded on the U.S. stock exchange Nasdaq and which is a part of the VEON Group.

Official website: https://uklon.com.ua

About Kyivstar Group Ltd.

Kyivstar Group Ltd. (“Kyivstar”) is a Nasdaq-listed holding company that operates JSC Kyivstar, Ukraine’s leading digital operator and the first Ukrainian company to list on a U.S. stock exchange. Kyivstar’s companies provide a broad range of connectivity and digital services, including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions such as Big Data, cloud, and cybersecurity.

For more information, please visit https://investors.kyivstar.ua.

Nasdaq tickers: KYIV; KYIVW

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at visa.com.ua.

Disclaimer
This press release contains “forward-looking statements,” as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements relating to, among other things, the launch and integration of the Visa Acceptance Platform into Uklon application. There are numerous risks and uncertainties that could cause actual results and performance to differ materially from those expressed by such statements, including risks relating to Uklon’s integration with the Visa Acceptance Platform, among others discussed in the section entitled “Risk Factors” included in Kyivstar Group’s annual report on Form 20-F with the U.S. Securities and Exchange Commission (“SEC”) on March 16, 2026, as amended and supplemented from time to time, and in any other subsequent filings with the SEC by Kyivstar Group. The forward-looking statements contained herein speak only as of the date of this release and Kyivstar disclaims any obligation to update them, except as required by applicable laws. 

Contact information
Kyivstar Group Ltd
Investor Relations
[email protected]

Goldman Sachs logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

CompaniesJuly 1 (Reuters) - Goldman Sachs' (GS.N), opens new tab private credit fund said on Wednesday that investors sought to repurchase roughly 3.24% of its total shares in ​the second quarter, extending its streak of lower redemptions ‌compared to most of the other players of the private credit industry.

The bank's fund, GS Credit, once again outperformed the sector that has been grappling with ​elevated redemption requests, driven by investor fears that AI could ​weaken the earnings of software companies and their ability ⁠to repay loans.

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Here are some details:

Goldman said second-quarter repurchase requests ​were below its 5% quarterly repurchase cap and were fulfilled in ​full.

Business development companies (BDCs) typically channel investor capital into private loans, making them a key part of the private credit industry.

"Across the largest non-traded BDC managers ​reporting second quarter activity to date, peer repurchase requests have ​generally ranged from approximately 10% to nearly 17% of shares outstanding," Goldman said ‌in ⁠a letter to shareholders.

The Goldman fund generated roughly $275 million of gross inflows during the second quarter, it said.

Several analysts and technology companies have argued that concerns about AI's impact on the software sector are ​overblown, saying established ​companies have businesses, ⁠proprietary data and customer relationships that will be difficult to displace.

"We continue to believe that incumbency ​moats — mission-critical workflows, proprietary data, deep domain expertise, ​regulatory complexity, ⁠and customer trust — remain powerful sources of defensibility," Goldman said.

Reuters reported in April, citing a source, that a large share of the ⁠fund's ​investors came through Goldman's private wealth channels, ​where clients have been long-term investors in private credit and are better positioned to ​endure illiquidity.

Reporting by Manya Saini in Bengaluru; Editing by Shinjini Ganguli

Our Standards: The Thomson Reuters Trust Principles., opens new tab

ToplinePlayStation manufacturer Sony announced the company would no longer release new games on physical discs starting in January 2028, shifting all sales to digital platforms in an effort to “adapt to consumer trends,” marking the end of a physical media era for one of the bestselling game console manufacturers.

The company said this change would not impact games that were already released.

Future Publishing via Getty Images

Key FactsIn a blog post published on Wednesday, Sony’s senior director Sid Shuman said the move will “align more closely with how most of our community prefers to access and play games today.”

Physical sales of new games have been falling in recent years—physical software made up only 3% of Sony’s revenue in 2024, according to the company’s 2025 corporate report.

The news comes days after Rockstar began preorders for their highly anticipated “Grand Theft Auto VI,” which is currently slated for release in November without a physical disc inside its physical release.

Sony said the shift to digital sales will not impact older games already released, or upcoming games being released before January 2028.

Analysts Predict ‘Watershed Moment’ For Games IndustryPiers Harding-Rolls, an analyst at Ampere Analysis, called Sony’s announcement a “watershed moment” for the industry in a post on social media. According to Ampere’s data, Sony’s sales of digital games have replaced their sales for physical games. In 2013, digital sales made up only 13% of the company’s full game sales. But 12 years later this trend was reversed—digital sales made up 80% of all full games Sony sold last year, according to the firm’s data. Harding-Rolls later predicted Sony’s upcoming PlayStation 6 console, which does not have an official release date yet, will not include a physical disc drive on its standard version. In response to the news, Mat Piscatella, a games industry analyst at Circana, said in a Bluesky post “physical video games will last only as long as the console manufacturers allow them to.” Piscatella linked to data from his own firm that found consumers spent $1.6 billion on new physical games in the last 12-month period ending in May—down from a peak of $11.5 billion in 2009.

TangentThe news did not immediately impact GameStop stock price after markets opened on Wednesday morning. In March, GameStop reported a 14% revenue drop in its most recent fourth quarter as consumers migrated to digital downloads for games.

Editor’s note: This story has been updated to include additional context from Guggenheim’s analyst note.

ServiceNow stock is surging to new heights today. What’s behind NOW gains? What Is Driving ServiceNow’s AI-Powered Offerings?ServiceNow and Accenture rolled out two offerings: managed security services built on the ServiceNow AI Platform and an Accenture AI-powered automation solution designed to reduce the cost and complexity of modernizing enterprise risk and security operations.

The companies tied the push to a faster threat cycle—saying AI has compressed the time between vulnerability discovery and exploitation from months to hours—and pointed to U.S. data breach costs hitting $10.22 million per incident in 2025, up 9%.

Why Guggenheim Turned Bullish on ServiceNowCritical Price Levels To Watch For NOW StockThe premarket pop is happening inside a still-damaged longer-term chart: the stock is down 50.94% over the past 12 months and is trading 22.5% below its 200-day SMA ($133.66), which keeps the bigger trend cautious until price can reclaim that long average.

Near term, the setup is more constructive, with shares trading above the 50-day SMA ($99.90) and the 100-day SMA ($102.76), while sitting basically on top of the 20-day SMA ($103.78)—a spot that often decides whether a bounce turns into follow-through or fades back into chop.

RSI is the cleaner momentum read right now at 48.10, which is neutral and suggests the move isn’t "stretched" yet; in plain English, RSI helps gauge whether buying or selling has become overheated.

The mixed moving-average backdrop explains the two-way trade: the 20-day SMA is above the 50-day SMA (bullish), but the death cross from August 2025 (50-day below 200-day) still argues rallies may need repeated confirmation.

Key Resistance: $111.00 — a nearby round-number area where rebounds can stall Key Support: $85.50 — a prior demand zone that sits above the 52-week low area ($81.24) How ServiceNow Automates Business ProcessesServiceNow provides software solutions to structure and automate various business processes via a SaaS delivery model, with a core focus on IT workflows for enterprise customers. It started in IT service management and has expanded its workflow automation into customer service, HR service delivery, and security operations.

That backdrop matters for today’s news because security and risk modernization is a natural extension of the company’s "single platform" pitch—using the same workflow and automation logic to replace older, fragmented tools.

Pairing with Accenture also speaks to how these platforms get adopted in large enterprises, where implementation and managed services can be as important as the software itself.

ServiceNow Earnings Preview for July 2026Looking further out, the next major catalyst for the stock arrives with the July 22, 2026 (estimated) earnings report.

EPS Estimate: 76 cents (Down from 82 cents YoY) Revenue Estimate: $3.93 billion (Up from $3.21 billion YoY) Valuation: P/E of 59.1x (Indicates premium valuation relative to peers) Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price target of $138.21. Recent analyst moves include:

Guggenheim: Upgraded to Buy (Target $125.00) (July 1) BTIG: Buy (Maintains Target to $150.00) (June 29) Benchmark: Buy (Raises Target to $130.00) (June 15) What Would $1,000 Invested In NOW Be Worth?A $1,000 investment in ServiceNow on July 1, 2021, would have been worth $911 on June 30, 2026—a total return of -8.9% over the period. The stake swung between $627 and more than $2,000, ending well below its 2025 peak.

The ride included a deep drawdown, with the position hitting its period low on October 14, 2022, and a maximum drawdown of -64.5% along the way. Momentum later reversed, culminating in a period high on January 28, 2025, before the investment finished the five-year window at $911 on June 30, 2026.

On an annualized basis, ServiceNow returned -1.9% over the holding period, lagging the S&P 500’s 11.7% annualized return and the Nasdaq 100’s 15.8%. Among the listed peers, Meta Platforms, Inc. was the standout, posting a 106.2% annualized return over the same timeframe.

Today, SERVICENOW, INC. has a market capitalization of about $107.6 billion. The stock’s current P/E ratio is 59.1.

ServiceNow Benzinga Edge Rankings ExplainedBelow is the Benzinga Edge scorecard for ServiceNow, highlighting its strengths and weaknesses compared to the broader market:

The Verdict: ServiceNow’s Benzinga Edge signal reveals a growth-heavy profile with weak momentum and weak value, meaning the bull case leans on execution and continued demand rather than "cheap" pricing. For longer-term trend followers, the key technical tell is whether the stock can build above the $111.00 area and start working back toward its 200-day moving average.

NOW Stock Price Movement Wednesday MorningNOW Stock Price Activity: ServiceNow shares were up 3.45% at $102.71 on Wednesday, according to Benzinga Pro data.

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July 01, 2026 08:00 ET  | Source: Stryker Corporation

Portage, Michigan, July 01, 2026 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK) will host a webcast at 4:30 p.m. (Eastern time) on Thursday, July 30, 2026, to discuss its second quarter 2026 financial results.  The live webcast can be accessed at Stryker - Events & Presentations.  An archive of the webcast will also be available at Stryker’s website beginning approximately two hours after the live call ends.

An accompanying press release that includes summary financial information for the second quarter will be issued at approximately 4:05 p.m. (Eastern time) and available at Stryker - Press Releases on the day of the webcast.

About Stryker

Stryker is a global leader in medical technologies and, together with our customers, we are driven to make healthcare better. We offer innovative products and services in MedSurg, Neurotechnology and Orthopaedics that help improve patient and healthcare outcomes. Alongside our customers around the world, we impact more than 150 million patients annually. More information is available at www.stryker.com.

Contacts

For investor inquiries:
Nick Mead, Vice President, Investor Relations at 269-385-2600 or [email protected]

For media inquiries:
Kim Montagnino, Vice President, Chief Communications Officer at 269-385-2600 or [email protected]

On January 1, 2026, we published The 3 Best Dividend Aristocrats to Buy in 2026, naming Aflac (NYSE: AFL | AFL Price Prediction), Lowe’s (NYSE: LOW), and Nordson (NASDAQ: NDSN) as the three most compelling names on the Aristocrat roster. Six months later, the scorecard shows two winners and one clear laggard. The S&P 500 has returned 9.5% year to date, providing a firm benchmark. One pick has crushed it, one has kept pace on total return, and one has pulled back hard. The Aristocrat thesis, however, holds across all three: each has raised its payout again in 2026, proving that the income compounding continues even when price action does not.

Here are the halftime scores, counting down from poorest performer to best.

3. Lowe’s Lowe’s earned the original nod on the strength of its home-improvement scale, its Total Home strategy, and a more than 60-year streak of dividend raises that qualifies it as a Dividend King. That thesis has run into a wall of housing softness. Shares closed at $220.49 on June 30, 2026, down 8.6% year to date. The dividend, however, keeps climbing. Lowe’s raised the quarterly payout from $1.20 to $1.25 with the July 22, 2026, ex-date, pushing the run rate to $4.80 per share annually for a 2.3% yield.

Operationally, the business has executed. Lowe’s beat consensus estimates in each of the past six quarters, including adjusted EPS of $3.03 versus a $2.97 estimate for the quarter reported May 20, 2026, on revenue of $23.08 billion, up 10.3% year over year. Comps have now been positive for four consecutive quarters. The stock is being punished by macro concerns, not on execution, and analysts have a $263.73 average price target. Lowe’s earns its spot from here as a rate-sensitive rebound candidate whose dividend keeps compounding while investors wait.

2. Aflac Aflac was the income anchor of the original three: steady supplemental-insurance cash flows in Japan and the United States, a fortress balance sheet, and 43 consecutive years of dividend increases. That anchor has held. Shares closed most recently at $117.25, up 6.3% since the start of the year, not far off the benchmark. Late last year, the board raised the quarterly payout 5.2% to $0.61, delivering a 2.1% current yield.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Lowe's didn't make the cut. Grab the names FREE today.

The earnings scorecard is mixed. Q1 2026 adjusted EPS came in at $1.75, missing the $1.80 estimate, though revenue of $4.35 billion beat and rose 25.9% year over year. Yen weakness cost $0.02 of EPS at a 156.87 average rate, but Japan pretax margin expanded to 35.0% from 31.8% and buybacks retired 5.9% of the share count. At a 14x forward multiple with a 0.61 beta, Aflac remains a low-volatility income holding. It keeps its spot.

1. Nordson Nordson was the clear growth leader among the three picks, chosen for its precision-dispensing niche, the Ascend Strategy, and semiconductor exposure. It has delivered. Shares closed at $301.69 on June 30, up 25.5% year to date, more than doubling the S&P 500 return. The quarterly dividend was raised to $0.82 from $0.78, extending a 25-plus-year Aristocrat streak.

The Q2 fiscal 2026 report, delivered May 20, was a record: adjusted EPS of $2.86 on revenue of $740.85M, up 8.5% year over year, with 7% organic growth across all three segments and backlog up 18%. Advanced Technology Solutions grew 10.1%, aided by the semiconductor inflection and electronics dispense demand. Management raised full-year guidance to $2.93 billion to $3.01 billion in sales and $11.30 to $11.80 in adjusted EPS. CEO Sundaram Nagarajan called it “a strong first half of fiscal 2026, highlighted by record performance and ongoing momentum across our end markets.” At 26x forward earnings, the multiple has expanded, but with analysts targeting $319.12 and free cash flow conversion at 119%, Nordson still earns the top spot into the back half of the year.

The Halftime Verdict The January call landed. Nordson is the clear winner, more than doubling the S&P 500’s advance on record operating results and raised guidance. Aflac kept pace and kept raising. Lowe’s is the one to defend, but its earnings still beat, its comps went positive for a fourth straight quarter, and its dividend just went up again. That is the Aristocrat promise in action: the income compounds through the cycle, and Nordson’s precision-dispensing story remains the sharpest offensive weapon in this three-stock portfolio heading into the second half.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Lowe's didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

FuelCell stock is challenging resistance. Why are FCEL shares at highs? The Fit Energy DealThe deal represents a major step in FuelCell’s pivot toward the AI data center power market, a segment where the company says more than 80% of its 1.5-gigawatt proposal pipeline is now concentrated.

The EXIM FinancingCritically, the financing is structured as a loan guarantee through EXIM’s program, making it non-dilutive—providing capital without a share sale, which had been a persistent concern among investors.

Analyst Consensus & Recent ActionsThe stock carries a Hold rating with an average price target of $22.00. Recent analyst moves include:

B. Riley Securities: Upgraded to Buy (Raises Target to $32.00) (June 29) UBS: Neutral (Raises Target to $22.00) (June 26) Jefferies: Upgraded to Buy (Raises Target to $24.00) (June 26) FuelCell Shares Shoot HigherFCEL Price Action: At the time of publication, FuelCell shares are trading 3.42% higher at $37.24, according to data from Benzinga Pro.

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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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Simplifying label-free imaging analysis for more confident real-time cell analysis

SANTA CLARA, Calif.--(BUSINESS WIRE)--Agilent Technologies Inc. (NYSE: A) today announced the launch of Agilent xCELLigence RTCA eSight AI, a new AI-powered software module that simplifies label-free imaging analysis by reducing manual cell segmentation steps and parameter tuning and supporting more consistent results. The software upgrade enhances the unique dual-readout capabilities of the Agilent xCELLigence RTCA eSight instrument with AI-driven cell imaging analysis, enabling researchers to gain imaging and impedance insights from the same cells in the same experiment with greater speed and confidence. This streamlined, integrated approach is expected to provide biopharma researchers with a more complete view of cell behavior while reducing variability across users and conditions.

"By making advanced AI-powered image analysis accessible to more labs, we're enabling more consistent, reproducible insights that help accelerate discovery and translational research." — Knut Wintergerst, vice president and general manager, Agilent

Share Traditional cell segmentation workflows rely on time-consuming and subjective manual setup and analysis steps that increase variability, error and rework, slowing experimental timelines while also requiring a higher level of experimental expertise to achieve consistent results. As biopharma research increasingly demands more complex experiments, higher throughput and greater consistency, integrated workflows are key to efficient scientific progress. AI-driven imaging analysis can help reduce variability across users while decreasing time spent on manual analysis.

By replacing subjective, user-influenced thresholding and manual parameter tuning with a one-click approach, the new module delivers standardized analysis across skill levels, experiments and datasets. eSight imaging AI analysis is designed to ensure confident, reliable performance across users, cell types and assay conditions, providing the robustness and accuracy essential for real-world science and users with varying levels of imaging expertise.

The new module is expected to reduce time spent on manual analysis, rework and training while supporting broader application of label-free imaging workflows, specifically within drug discovery and in high-throughput biopharma research.

"The AI analysis module for xCELLigence RTCA eSight has substantially reduced the time our users spend for image analysis," said Carole Perrot, Ph.D., core facility director at Johns Hopkins All Children's Hospital. "Its automated, consistent performance across a variety of cell types and experimental conditions has improved workflow efficiency while helping ensure reproducible results. As a shared resource supporting multiple research projects, the xCELLigence is without a doubt one of our best instruments as it simplifies complex analyses and makes advanced imaging more accessible to our users."

Knut Wintergerst, vice president and general manager of the Life Sciences and Diagnostics Markets Group at Agilent, added, "With xCELLigence RTCA eSight Software 1.5.0, Agilent is bringing the same straightforward, objective analysis customers have long valued in impedance-based measurements to label-free live cell imaging. By making advanced AI-powered image analysis accessible to more labs, we’re enabling more consistent, reproducible insights that help accelerate discovery and translational research."

By simplifying label-free imaging analysis within an integrated imaging and impedance workflow, eSight AI helps researchers reduce complexity, gain more confident biological insights and accelerate the path from experiment to interpretation.

About Agilent Technologies

Agilent Technologies, Inc. (NYSE: A) is a global leader in analytical and clinical laboratory technologies, delivering insights and innovation that help our customers bring great science to life. Agilent’s full range of solutions includes instruments, software, services, and expertise that provide trusted answers to our customers' most challenging questions. The company generated revenue of $6.95 billion in fiscal year 2025 and employs approximately 18,000 people worldwide. Information about Agilent is available at www.agilent.com. To receive the latest Agilent news, subscribe to the Agilent Newsroom. Follow Agilent on LinkedIn and Facebook.

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MIAMI, July 01, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (“WRAP” or the “Company”), a global leader in Non-Lethal Response™ (“NLR”) and public safety technology at https://www.wrap.com, today announced that the University of Maryland, Baltimore County (“UMBC”), https://umbc.edu/, has purchased BolaWrap® devices and NLR training as part of its initial deployment of non-lethal capabilities for campus safety and security. 

“Our priority is to support a safe campus environment while giving officers additional tools that align with responsible, measured response,” states Lt. Col. Ed McDermott of UMBC. “BolaWrap provides a non-lethal capability that may help officers intervene earlier, reduce escalation, and create opportunities for safer resolutions when circumstances allow.” 

The deployment supports UMBC’s ongoing commitment to maintaining a safe, secure, and welcoming environment for students, faculty, staff, and visitors.  

“UMBC public safety officers are expected to learn proper deployment, policy alignment, and scenario-based application of the BolaWrap device as part of a complete, non-lethal system,” states Jared Novick, WRAP President. “This may enhance their existing response protocols and reinforces responsible, disciplined use in real-world campus safety scenarios.” 

For higher education environments, Non-Lethal Response tools may provide a meaningful capability for incidents involving behavioral escalation, crisis response, welfare checks, disorderly conduct, or other encounters where officers may benefit from additional time and distance. WRAP believes the deployment at UMBC may further demonstrate the relevance of its Non-Lethal Response ecosystem beyond traditional municipal law enforcement and into adjacent markets such as universities, healthcare systems, transportation, critical infrastructure, and security. 

The UMBC purchase also builds on WRAP’s broader strategy to expand adoption of its public safety portfolio across organizations seeking safer, scalable, and policy-aligned response capabilities. In addition to BolaWrap, WRAP’s ecosystem includes Wrap Reality immersive training, WrapTactics™ learning management system, WrapVision™ body-worn camera and evidence management solutions, and additional public safety technologies designed to support safer outcomes for officers, subjects, and communities. 

About Wrap Technologies, Inc. 

Wrap Technologies, Inc. (Nasdaq: WRAP) a global leader in innovative public safety technologies and non-lethal tools, delivering cutting-edge technology with exceptional people to address the complex, modern day challenges facing public safety organizations. 

WRAP’s complete public safety portfolio includes the non-lethal BolaWrap® 150 device, Wrap Reality® immersive training platform, WrapVision™ body-worn camera system, WrapTactics™ training programs, and next-generation C-UAS solutions like PAN-DA and the 1KC Kinetic Anti-Drone Cassette, all of which supports the Company's mission to provide safer, scalable, and cost-effective technologies for public safety, defense, and critical infrastructure markets.  

With a growing demand for non-lethal tools and techniques to create time, distance and tactical advantage in non-criminal calls, Wrap's BolaWrap® 150 incorporates a multi-sensory distraction of sight and sound as a first response, followed by a non-lethal restraint if further escalation is required. This approach reduces the risk of injury to officers, subjects, and the community.   

Wrap's BolaWrap® 150 solution is intended to provide law enforcement with a safer choice for nearly every phase of a critical incident. This innovative, patented device deploys a multi-sensory, cognitive disruption to expand the pre-escalation period and gives officers the advantage and critical time to manage non-compliant subjects before resorting to higher-force options. The BolaWrap® 150 is not pain-based compliance. It does not shoot, strike, shock, or incapacitate, instead, it helps officers strategically operate pre-escalation on the force continuum, reducing the risk of injury to both officers and subjects. Used by over 1,000 agencies across the U.S. and in 60 countries, BolaWrap® is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST), reinforcing Wrap's commitment to public safety through cutting-edge technology and expert training. 

WrapReality™ VR is a fully immersive training simulator to enhance decision-making under stress. 

As a comprehensive public safety training platform, it provides first responders with realistic, interactive scenarios that reflect the evolving challenges of modern law enforcement. By offering a growing library of real-world situations, WrapReality™ is intended to equip officers with the skills and confidence to navigate high stakes encounters effectively, which we believe leads to safer outcomes for both responders and the communities they serve. 

WrapVision is an all-new body-worn camera and evidence management system built for efficiency. 

Designed for efficiency, security, and transparency to meet the rigorous demands of modern law enforcement, WrapVision captures, stores, and helps manage digital evidence, ensuring operational security, regulatory compliance, and enhanced video picture quality and field of view. 

The WrapVision camera, powered by IONODES, boasts streamlined cloud integration and final North American assembly, with a critical made-in-America roadmap projected for early 2026. This track helps ensure data integrity and helps eliminate critical concerns over unauthorized access or foreign surveillance risks. 

Trademark Information 

WRAP, the Wrap logo, BolaWrap®, Non-Lethal Response™, WrapReality™, Wrap Training Academy, and Non-Lethal Response™ are trademarks of WRAP Technologies, Inc., some of which are registered in the U.S. and abroad. All other trade names used herein are either trademarks or registered trademarks of the respective holders. 

Cautionary Note on Forward-Looking Statements - Safe Harbor Statement 

This release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Words such as "expect," "anticipate," "should", "believe", "target", "project", "goals", "estimate", "potential", "predict", "may", "will", "could", "intend", and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Moreover, forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control and include, but are not limited to, statements relating to the expected benefits and performance of the agreement with University of Maryland, Baltimore County Police Department, the Company's planned future products, technologies, integration, intended product designs and expected benefits therefrom, expected market opportunities and outcomes related to Wrap's products to increase officer and public safety. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company's ability to maintain compliance with the Nasdaq Capital Market's listing standards; the Company's ability to successfully implement training programs for the use of its products; the Company's ability to manufacture and produce products for its customers; the Company's ability to develop sales for its products; the market acceptance of existing and future products; the availability of funding to continue to finance operations; the complexity, expense and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company's product solutions; product defects; litigation risks from alleged product-related injuries; risks of government regulations; the impact resulting from geopolitical conflicts and any resulting sanctions; the ability to obtain export licenses for counties outside of the United States; the ability to obtain patents and defend intellectual property against competitors; the impact of competitive products and solutions; and the Company's ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company's most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations. 

Investor Relations Contact:
(800) 583-2652
[email protected]
wrap.com 

Key Takeaways BWXT's commercial nuclear segment is emerging as a key growth driver alongside its U.S. Navy business.BWXT's Commercial Operations revenues jumped 121% in Q1 2026, supported by broad-based nuclear demand.BWXT expanded its U.S. manufacturing footprint as Commercial Operations backlog reached nearly $1.72 billion. BWX Technologies (BWXT - Free Report) has long been recognized as the primary supplier of nuclear reactors and fuel for the U.S. Navy. While this government business continues to provide stable, long-term revenues, the company's commercial nuclear segment is emerging as an increasingly important growth engine.

Governments across North America and Europe are extending the operating lives of existing reactors while supporting the development of next-generation nuclear technologies, including small modular reactors ("SMRs") and advanced microreactors. These projects require specialized nuclear components, precision manufacturing, fuel handling systems, and engineering expertise — areas where BWXT has built decades of experience.

In April 2026, BWXT announced the acquisition of Precision Components Group, LLC. This marks BWXT’s first step in establishing a U.S. commercial nuclear component manufacturing footprint to support future new reactor builds and aftermarket.

During the first quarter of 2026, Commercial Operations revenues surged 121% year over year to $283.6 million, driven by strong demand for commercial nuclear components, field services, fuel and fuel-handling products, medical isotope sales, and contributions from Kinectrics.

BWXT reported a Commercial Operations book-to-bill ratio of 1.0 during the quarter, reflecting steady bookings from commercial nuclear components and field services. Kinectrics generated a book-to-bill ratio above 1.0, indicating that new orders continued to outpace revenue recognition.

Commercial Operations continues to build a robust backlog, providing strong visibility into future revenue growth. As of March 31, 2026, BWXT's Commercial Operations backlog reached nearly $1.72 billion, reflecting sustained demand for commercial nuclear components, engineering and field services, fuel handling solutions, and medical isotope products.

Nuclear Companies Positioned for the Commercial ExpansionBWX Technologies is not alone in benefiting from the renewed interest in commercial nuclear energy. Several companies are capitalizing on this long-term industry trend.

Cameco (CCJ - Free Report) continues expanding its uranium production and benefits from increasing global demand for nuclear fuel as utilities secure long-term supply contracts.

NuScale Power (SMR - Free Report) is focused on commercializing SMRs, targeting utilities, industrial customers, and data centers seeking reliable carbon-free electricity.

BWXT Stock’s Earnings EstimatesThe Zacks Consensus Estimate for 2026 earnings per share indicates an increase of 14.76% year over year.

Image Source: Zacks Investment Research

BWXT Stock Trades at a DiscountIn terms of valuation, BWXT’s forward 12-month price-to-sales (P/S) is 4.5X, a discount to the industry’s average of 12.98X.

Image Source: Zacks Investment Research

BWXT Stock’s Price PerformanceIn the past six months, shares of the company have risen 12.6% compared with the industry’s 13.8% growth.

Image Source: Zacks Investment Research

BWXT’s Zacks RankThe company currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
 

Key Takeaways IonQ ended Q1 2026 with about $3.1B in cash and investments, supporting multi-year investments. IONQ's remaining performance obligations rose to $470M, improving multi-quarter revenue visibility. IONQ reaffirmed a $310-$330M adjusted EBITDA loss outlook, backed by strong liquidity to fund plans. IonQ (IONQ - Free Report) exited the first quarter of 2026 with approximately $3.1 billion in cash, cash equivalents, restricted cash, and investments. This is one of the strongest balance sheets in the quantum computing industry. This substantial liquidity supports multi-year investment needs and reduces near-term financing risk.

A notable indicator of revenue visibility is the continued expansion of remaining performance obligations, which increased to $470 million (as of March 31, 2026) from $370 million at the end of 2025. While the timing of revenue recognition remains contingent on project execution and customer deployments, the expanding contracted backlog reduces reliance on an early-stage proposal pipeline and offers greater multi-quarter revenue visibility.

For 2026, management reaffirmed its adjusted EBITDA loss guidance of $310 million to $330 million. Coupled with a first-quarter adjusted EBITDA loss of $96.8 million, this implies continued elevated cash burn. Given IonQ's exceptionally strong liquidity position, the company appears well positioned to fund this investment cycle internally without facing meaningful near-term financing risk.

Peer UpdateQuantum Computing (QUBT - Free Report) or QCi ended the quarter with cash, cash equivalents and investments of about $1.4 billion, underscoring a substantial liquidity position despite the acquisitions of Luminar Semiconductor (“LSI”) and NuCrypt. QCi’s financial strength is further reflected in its total assets of about $1.6 billion and stockholders' equity of approximately $1.6 billion. Meanwhile, total liabilities accounted for $23.4 million, much lower than the cash level.

Rigetti (RGTI - Free Report) exited the first quarter of 2026 with cash, cash equivalents and short-term available-for-sale investments of $418.2 million. The company ended the quarter with no debt on its balance sheet, underscoring a solid solvency position. This means Rigetti has ample liquidity to fund its operations and roadmap execution without near-term financing pressure. 

IONQ’s Price PerformanceOver the past year, IONQ’s shares have gained 32.8% compared with the industry’s 252.5% growth. 

Image Source: Zacks Investment Research

Expensive ValuationIonQ currently trades at a forward 12-month price-to-sales (P/S) of 59.44X compared with the industry median of 4.45X.

Image Source: Zacks Investment Research

IONQ Stock Estimate TrendIn the past 30 days, its loss per share estimate for 2026 has remained unchanged at $2.26.

Image Source: Zacks Investment Research

IonQ currently has a Zacks Rank #4 (Sell). 

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

LOS ANGELES, CALIFORNIA - JUNE 29: Comcast announced plans to split into two publicly traded companies by spinning off NBCUniversal and Sky into a separate media company, pending regulatory and board approvals. (Photo by Justin Sullivan/Getty Images)

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When Brian Roberts announced on June 29 that Comcast would spin off NBCUniversal and Sky into a separate public company, an analyst asked the question behind the transaction: was this a step toward a sale?

His answer was two words: “Absolutely not.”

Pay less attention to the denial than to the admission beside it. Co-CEO Mike Cavanagh told analysts the company had “changed our mind” about whether broadband and media still belonged under one roof.

That is the more useful piece of information. The people who built a 15-year convergence bet were acknowledging that its logic no longer held.

The Convergence Bet Comes UndoneComcast bought NBCUniversal more than 15 years ago on a simple theory: own the pipe into the living room and the programming that travels through it, and you sit on both ends of the relationship with the viewer.

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That theory held while the cable wire was the gatekeeper. Streaming dissolved it.

Once any studio can reach a television over the open internet, owning the wire no longer confers the same advantage over owning the content, and the two businesses no longer share the same reason to sit together.

The market had already reached this verdict. Comcast shares had fallen about 32% over the year, to roughly $23 in the days before the announcement, down from the mid-$30s last summer. Investors had been valuing the company at a discount to the sum of its parts.

Comcast is keeping the word “converged” for the part that still works, describing its broadband-and-mobile network as the largest converged platform in the country.

The convergence that failed was the holding-company kind, distribution married to content. The kind that survives lives inside the wires.

A Script Warner Bros. Already RanComcast had already rehearsed the move with Versant, the cable-network separation that pulled slower-growth linear assets away from the rest of NBCUniversal.

The fuller template was set by Warner Bros. Discovery. It reorganized into two divisions in December 2024, then announced a full tax-free split into two public companies in June 2025, with David Zaslav describing each as built to succeed on its own terms.

The framing was standalone strength, not sale preparation.

Within months the company had a buyer and then a fight over it.

Netflix agreed on December 4 to buy the Warner Bros. studio, HBO and HBO Max, the content jewel, taken only after the linear networks were carved off, at an enterprise value of about $82.7 billion.

Paramount Skydance came over the top with a hostile all-cash offer, raised it to $31 a share with a personal financing guarantee from Larry Ellison, and won the contest in February at roughly $110 billion. Netflix, which had held the board’s recommendation, declined to match.

The Justice Department cleared the antitrust review in June, and the transaction is set to close this quarter.

Read the arc plainly: split into two, sell it as independence, deny any deal, and within a year there is an auction.

Comcast has just finished the first step using the same language. The denial is not the data point. The script is.

Why NBCUniversal Does Not Cleave As CleanlyThe flexibility Comcast keeps invoking is already being read as a deal signal. The sharper question is not whether the pieces draw buyers but which ones, because the Warner Bros. ending does not transfer cleanly to NBCUniversal.

Netflix could buy Warner Bros. because Warner Bros. had already been separated from its cable networks. NBCUniversal is being spun off whole: Universal’s studios, Peacock, NBC, Telemundo, major sports rights, Sky and theme parks, all in one company.

A content buyer that wants the studio and the streamer may not want a capital-heavy theme-park business, a broadcast network with FCC licenses or the linear exposure Netflix tried to avoid. For a clean sale of the jewel, NBCUniversal would most likely have to split a second time.

The behavior on the call already points that way. Comcast is keeping up to 19.9% of NBCUniversal to sell down over time.

Cavanagh matched the denial with his own “Definitely not,” then in the same answer claimed the freedom to go after “adjacent businesses where we have the right to play,” a denial of being a seller and an announcement of being a buyer, one sentence apart.

The analysts ended the call on the one soft question: whether each smaller company keeps the scale it needs with content partners and distributors. For NBCUniversal, that question lands hardest on the sports rights, whose escalating cost rests on the balance sheet it is about to lose.

The convergence era is not ending with one sale. It is ending with a sequence of separations that make sales easier to imagine, even when companies insist that is not the plan.

The old argument joined distribution to content. The new one prices them separately.

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THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its second quarter 2026 financial results before opening of trading on Wednesday, July 29, 2026. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, July 29, 2026.

An online, real-time webcast of Old Dominion’s quarterly conference call will be available at ir.odfl.com on Wednesday, July 29, 2026, at 10:00 a.m. (Eastern Time). The online replay will be available at approximately 1:00 p.m. (Eastern Time) and continue for 30 days. A telephonic replay of the call can be accessed starting at 1:00 p.m. (Eastern Time) and will be available through August 5, 2026, at 1-855-669-9658, access code 8521187.

Old Dominion Freight Line, Inc. is one of the largest North American LTL motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Our service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States. Through strategic alliances, we also provide LTL services throughout North America. In addition to our core LTL services, we offer a range of value-added services including container drayage, truckload brokerage and supply chain consulting.

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MSC Industrial (MSM - Free Report) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +12.10%. A quarter ago, it was expected that this distributor of industrial tools and supplies would post earnings of $0.84 per share when it actually produced earnings of $0.82, delivering a surprise of -2.38%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

MSC Industrial, which belongs to the Zacks Industrial Services industry, posted revenues of $1.05 billion for the quarter ended May 2026, surpassing the Zacks Consensus Estimate by 1.74%. This compares to year-ago revenues of $971.15 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

MSC Industrial shares have added about 41.4% since the beginning of the year versus the S&P 500's gain of 9.6%.

What's Next for MSC Industrial?While MSC Industrial has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for MSC Industrial was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.29 on $1.05 billion in revenues for the coming quarter and $4.36 on $3.95 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Industrial Services is currently in the bottom 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Hudson Technologies (HDSN - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026.

This refrigerant services company is expected to post quarterly earnings of $0.17 per share in its upcoming report, which represents a year-over-year change of -26.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Hudson Technologies' revenues are expected to be $73.66 million, up 1.1% from the year-ago quarter.