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2026-07-06 17:27 1mo ago
2026-07-06 12:02 1mo ago
Krispy Kreme Needs an Artisanal Touch to Make ‘He-Man' Doughnuts
DNUT Krispy Kreme
FMP Stock News
Original source text
The company is hand-decorating doughnuts in a quest to lure younger consumers.
2026-07-06 17:26 1mo ago
2026-07-06 12:40 1mo ago
IART or SONVY: Which Is the Better Value Stock Right Now?
IART Integra LifeSciences Holdings
FMP Stock News
Original source text
Investors looking for stocks in the Medical - Instruments sector might want to consider either Integra LifeSciences (IART) or SONOVA HOLDING (SONVY). But which of these two stocks is more attractive to value investors?
2026-07-06 17:25 1mo ago
2026-07-06 11:21 1mo ago
ACHR Stock Falls 13.1% in a Month: Is This Dip a Buying Opportunity?
ACHR Archer Aviation
FMP Stock News
Original source text
Key Takeaways ACHR is advancing FAA certifications to support future aircraft production and commercial operations.ACHR is expanding urban air mobility infrastructure to support future air taxi networks.ACHR strengthens production readiness through facilities in Silicon Valley and Georgia. Archer Aviation Inc. (ACHR - Free Report) shares have declined 13.1% over the past month, underperforming the Zacks Aerospace-Defense industry’s rise of 9%. However, the company is building long-term growth through regulatory preparedness, expanding urban air mobility infrastructure and production readiness. Continued investment in proprietary technologies strengthens its commercialization strategy.

Image Source: Zacks Investment Research

Some stocks from the same industry, such as Huntington Ingalls Industries, Inc. (HII - Free Report) and Redwire Corporation (RDW - Free Report) , have also underperformed the industry. Over the past month, HII and RDW have declined 0.3% and 39.1%, respectively.

With ACHR shares falling over the past month, investors may hold varied perspectives. Let’s examine the factors and assess the stock’s investment prospects to make an informed decision.

Factors Supporting ACHR Stock's GrowthArcher Aviation continues to advance its commercial readiness by strengthening the regulatory and operational foundation required for future passenger services. The company already holds Federal Aviation Administration (“FAA”) Part 135 Air Carrier, Part 145 Repair Station and Part 141 Pilot School certificates, enabling commercial flight operations, aircraft maintenance and pilot training activities. ACHR is also progressing toward an FAA Production Certificate, which will allow it to manufacture Midnight aircraft that conform to approved type designs, supporting the transition from certification to commercial deliveries.

The company is also expanding its long-term addressable market by developing integrated urban air mobility networks in collaboration with infrastructure providers and local stakeholders. Archer Aviation is working to establish vertiport infrastructure and operational ecosystems that connect major population centers with transportation hubs while supporting future air taxi services. This broader network strategy is intended to improve customer adoption and create recurring opportunities beyond aircraft sales.

Archer Aviation is differentiating itself through continued investment in proprietary technologies and manufacturing capabilities. The company is internally developing key systems such as electric propulsion, flight-control software and composite structures while leveraging certified components from established aerospace suppliers to reduce development risk. Archer Aviation is scaling production of its aircraft and electric powertrain at its "golden manufacturing lines" in Silicon Valley and its high-volume facility in Georgia to support certification and early commercial deployments, enhancing production readiness as commercialization progresses.

Earnings Estimates for ACHR StockThe Zacks Consensus Estimate for ACHR’s 2026 earnings per share (EPS) indicates an increase of 0.97% over the past 60 days.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Huntington Ingalls’ 2026 EPS calls for a rise of 0.12% in the past 60 days. The estimate for Redwire’s 2026 EPS implies a decline of 62% over the same period.

Debt Position of ACHRCurrently, Archer Aviation’s total debt to capital is 3.65%, lower than the industry’s average of 47.1%. It indicates that the company can run its business efficiently with much lower debt levels than its industry peers.

Image Source: Zacks Investment Research

ACHR’s Liquidity PositionArcher Aviation has a current ratio of 18.06 compared with its industry’s average of 1.12. The ratio, being more than one, indicates that ACHR possesses sufficient capital to pay off its short-term debt obligations.

Image Source: Zacks Investment Research

Huntington Ingalls and Redwire also maintain current ratios above one. HII has a current ratio of 1.19, while RDW holds 1.75.

ACHR Stock Trades at a DiscountArcher Aviation is currently trading at 1.82X, a discount compared to its industry’s 6.47X on a trailing 12-month Price/Book basis.

Image Source: Zacks Investment Research

What Should Investors Do Now?Archer Aviation is strengthening its commercial foundation through regulatory preparedness, expanding urban air mobility infrastructure and growing production capabilities, supporting its long-term commercialization strategy. The company's investments in proprietary technologies, manufacturing readiness and expanding operational capabilities are expected to enhance its long-term growth prospects.

Given ACHR's favorable earnings estimate outlook, discounted valuation, lower debt levels and solid liquidity position, investors may consider including this Zacks Rank #2 (Buy) stock in their portfolios at current levels. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-07-06 17:22 1mo ago
2026-07-06 13:05 1mo ago
Tri Pointe Homes Brings New Residential Community to Former WordPerfect Campus
TPH TRI Pointe Homes
FMP Stock News
Original source text
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New community showcases how underutilized commercial properties can help address housing shortages through redevelopment

OREM, Utah--(BUSINESS WIRE)--Tri Pointe Homes, Inc., one of the nation’s largest homebuilders, has unveiled Canyon Park, a new residential community built on a portion of the former site of the WordPerfect headquarters in Orem, Utah. The community turns 25 acres of the one-time campus into a neighborhood designed to meet growing housing demand along Utah's Wasatch Front.

The opening demonstrates an important strategy for addressing housing shortages in fast-growing metropolitan areas: redeveloping underutilized commercial properties to create much-needed housing.

As Salt Lake City and surrounding communities continue to experience population and economic growth, housing inventory has struggled to keep pace. Canyon Park highlights how existing land can be reimagined to create new housing opportunities while leveraging infrastructure, transportation access, and community amenities.

"The housing challenges facing growing regions like Utah’s Wasatch Front require innovative solutions," said Tri Pointe Homes Utah Division’s Vice President of Land Acquisition and Development, Bryon Prince. “Canyon Park shows what is possible when builders look beyond traditional approaches and find opportunities to reimagine former commercial properties into places where people can live, work, and thrive."

For decades, the site of Canyon Park was once part of the campus that housed WordPerfect, one of Utah's most influential technology companies and a cornerstone of the state's early technology industry.

The transition reflects a broader national trend as cities and suburbs seek ways to increase housing supply without relying solely on outward expansion. Aging office campuses and other commercial sites whose original purposes no longer align with market demand are increasingly being viewed as opportunities to create much-needed housing in desirable, connected locations.

With pressure on housing affordability, infrastructure, and available developable land, many industry experts view site repurposing and land use strategies as critical for creating sustainable growth.

The new community is also an example of how homebuilders can prioritize sustainability. In order to maximize the life of the site’s existing infrastructure, Tri Pointe Homes created a civil design plan that included mobilizing equipment from neighboring states to break down asphalt, rebar, and other scrap materials for reuse or recycling.

In total, the builder was able to divert 57,900 tons of material from landfills in developing Canyon Park, recycling or repurposing them instead. Material recycled included 560,511 square feet of asphalt. The community will also include 247 new trees, which will be planted over the course of construction.

Located in Orem, Canyon Park provides residents with convenient access to employment centers, schools, shopping, recreation, and regional transportation corridors. The community is the largest residential development the city has seen in the last decade and is designed to contribute to the area's long-term housing needs.

Tri Pointe Homes opened its Utah division in January 2024 and has an office in Salt Lake City’s Sugar House neighborhood. With the combination of an experienced Utah-based team, and the resources of a large national homebuilder, Tri Pointe is uniquely positioned to match the unmet needs of Utah homebuyers through extensive research and a high-touch, customer-driven design experience.

Canyon Park is a community of approximately 79 homesites located at 534 E 1225 N, Orem. The community’s homes range from three- to seven-bedrooms. Some homes feature private courtyards, covered outdoor living, flexible office or gym spaces, and optional finished basements. Community amenities include a spacious park and easy access to nearby trails, parks, and shopping.

For more information on Canyon Park, or to schedule a tour, visit https://www.tripointehomes.com/ut/salt-lake-city/canyon-park.

About Tri Pointe Homes®

One of the largest homebuilders in the U.S., Tri Pointe Homes, Inc. has a presence in 13 states and the District of Columbia, and is a recognized leader in customer experience, innovative design, and environmentally responsible business practices. The company builds premium homes and communities with deep ties to the communities it serves—some for as long as a century. Tri Pointe Homes combines the financial resources, technology platforms and proven leadership of a national organization with the regional insights, longstanding community connections and agility of empowered local teams. The company is one of the 2026 Fortune World’s Most Admired Companies, 2026 Fortune 100 Best Companies to Work For®, and recognized as a PEOPLE Companies That Care® (2023-2025) organization. The company was also named a Great Place To Work-Certified company for five years in a row and named on several Great Place To Work® Best Workplaces lists. Tri Pointe has also won multiple Builder of the Year and Developer of the Year awards. TriPointeHomes.com.

More News From Tri Pointe Homes

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2026-07-06 17:21 1mo ago
2026-07-06 12:16 1mo ago
3 Truck Stocks to Buy Now Amid the Improving Freight Scenario
JBHT JB Hunt Transport Services
FMP Stock News
Original source text
The gradual improvement in the overall freight scenario is a huge positive for the  Zacks Transportation-Truck industry. After a prolonged freight downturn, industry participants are relieved owing to factors like capacity tightening and rising rates. The industry is also benefiting from the uptick in Artificial Intelligence (“AI”) related investments, which have increased efficiency. However, concerns about tariffs, high inflation and geopolitical woes are major headwinds.

Despite the aforementioned headwinds, the industry has demonstrated resilience, particularly among companies focused on growth strategies and operational efficiency. Given this backdrop of an improving freight scenario, investors would do well to bet on stocks like J.B. Hunt Transport Services (JBHT - Free Report) , Knight-Swift Transportation Holdings (KNX - Free Report) and ArcBest Corporation (ARCB - Free Report) at present.

Industry Description The Zacks Transportation-Truck industry houses truck operators transporting freight to diverse customers, mainly across North America. These companies provide full-truckload or less-than-truckload (“LTL”) services over the short, medium or long haul. The range of trucking services these companies provide includes dry-van, dedicated, refrigerated, flatbed and expedited. Some companies have an extensive fleet of company-owned tractors and trucks, and independent contractor trucks. Besides trucking, most entities offer logistics and intermodal services as well as value-added services like container drayage, truckload brokerage, supply-chain consulting and warehousing. A few also offer asset-light services to other third-party logistics companies in the transportation sector.

4 Trends Shaping the Future of the Trucking Industry Freight Scene on the Mend: A Big Positive: Following a prolonged period of downturn, things appear to be brightening as far as freight demand is concerned. Highlighting the brightening freight demand scenario, the Cass Freight Shipments Index improved 3% month on month in May 2026. This measure has improved month on month in each of the past four months, which confirms the improving scenario. The 1.2% year-over-year May decrease with respect to the Cass Freight Shipments Index was the smallest reduction in the past 18 months, further attesting to the improvement.

Moreover, many market watchers expect freight rates to increase in the current year. The shrinking of capacity, as small carriers exit the market due to lackluster profitability, is resulting in the tightening of the supply-demand gap, thereby improving pricing power.  

Uptick in AI Investments Support Efficiencies: In a bid to improve efficiency, companies are investing big time in AI, thereby reducing the cost structure and promoting safety. Cost optimization and automation are helping protect profitability. Fleets are increasingly using AI to optimize routes, predict vehicle maintenance needs and match freight with available trucks in real time. This helps reduce empty trips, lower fuel costs, minimize vehicle downtime and improve fleet utilization. AI is also making supply chains more efficient by improving demand forecasting, shipment tracking and load planning, enabling trucking companies to respond more quickly to customer needs. In warehouses and distribution centers, AI-powered automation speeds up freight handling, allowing trucks to spend more time on the road.

Emphasis on Shareholder Returns: As economic activity rebounds from pandemic-era lows, companies are increasingly using their growing cash reserves to reward shareholders through dividends and share buybacks. This reflects both financial resilience and confidence in prospects. Within the Transportation-Truck space, J.B. Hunt Transport Services has raised its quarterly dividend by 2.3% this year.

Economic Uncertainty Refuses to Fade: The industry’s prospects are highly correlated with the prevailing economic health. Volatile inflation data, geopolitical tensions and labor market concerns have dented consumer confidence and have time and again unsettled markets. In its latest policy meeting, the Fed did not go for a rate cut but held rates at 3.5-3.75%. The recent intensification of the prolonged Russia-Ukraine conflict has aggravated the uncertain scenario.

Zacks Industry Rank Indicates Sunny Prospects The Zacks Transportation-Truck industry is a 12-stock group within the broader Zacks   Transportation sector. The industry currently carries a Zacks Industry Rank #41, which places it in the top 17% of 246 Zacks industries.

The group’s Zacks Industry Rank, the average of the Zacks Rank of all member stocks, indicates bright near-term prospects. 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.

The industry’s position in the top 50% of the Zacks-ranked industries is a result of a positive earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually gaining confidence in this group’s earnings growth potential. The industry's earnings estimate for 2026 has increased 7.1% since March-end.

Before we present a few stocks from the industry that you may want to buy, let’s take a look at the industry’s recent stock market performance and the valuation picture.

Truck Industry Outperforms the S&P 500 and the Sector The Zacks Transportation-Truck industry has surpassed the Zacks S&P 500 composite as well as the Transportation sector over the past year.

The industry has surged roughly 51% over this period compared with the S&P 500's appreciation of 23.7% and the broader sector’s uptick of 23.4%.

One-Year Price Performance

Truck Industry's Current Valuation Based on the trailing 12-month EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation and amortization), a commonly used multiple for valuing trucking stocks, the industry is currently trading at 18X compared with the S&P 500’s 18.53X. It is above the sector’s EV/EBITDA of 11.74X.

Over the past five years, the industry has traded as high as 19.72X and as low as 7.83X, with the median being 12.34X, as the chart below shows.

Enterprise Value-to-EBITDA Ratio (TTM)

3 Transport Truck Stocks to Bet on at Present Knight-Swift is based in Phoenix, AZ. This company’s efforts to reward its investors through dividends and buybacks bode well. Earlier in the year, Knight-Swift raised its quarterly dividend to 20 cents per share from 18 cents.

Shares of KNX have surged 65% in a year. KNX currently sports a Zacks Rank# 1 (Strong Buy).  The Zacks Consensus Estimate for current-year earnings has been revised upward by 2.1% over the past 60 days.

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

Price and Consensus: KNXArcBest provides freight transportation services and solutions. The company is based in Fort Smith, AR. ArcBest is being well-served by its efforts to control costs, improve productivity and enhance service quality.

The company expects its 2026 earnings per share to increase 58.6% on a year-over-year basis. Shares of ARCB have surged 76% in a year. ARCB currently sports a Zacks Rank# 1. The Zacks Consensus Estimate for current-year earnings has been revised upward by 11% over the past 60 days.

Price and Consensus: ARCB

J.B. Hunt Transport Services provides a broad range of transportation services to a diverse group of customers in the United States, Canada and Mexico. JBHT is benefiting from efforts to reward its shareholders through dividend payments and share repurchases.

Shares of JBHT have surged 91% in a year. JBHT currently carries a Zacks Rank # 2 (Buy). In the current year, the company’s earnings beat the Zacks Consensus Estimate in three of the last four quarters (missing the mark in the other quarter). The average beat is 6.3%.

Price and Consensus: JBHT
 
2026-07-06 17:20 1mo ago
2026-07-06 12:00 1mo ago
Bronstein, Gewirtz & Grossman LLC Urges Helen of Troy Limited Investors to Act: Class Action Filed Alleging Investor Harm
HELE Helen of Troy
FMP Stock News
Original source text
NEW YORK, July 06, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Helen of Troy Limited (NASDAQ: HELE) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Helen of Troy securities between April 24, 2024 and October 8, 2025, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/HELE.

Helen of Troy Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

Helen of Troy overstated the success and benefits of its Project Pegasus initiative, touting the “fuel” it was generating while downplaying issues such as “implementation hiccups” at its Tennessee distribution center and assuring investors that the project was progressing and delivering cost-saving efficiencies; 
in reality, Project Pegasus was not delivering the efficiencies Defendants claimed, as the Company lacked sufficient resources and budget to achieve its stated restructuring and cost-savings goals; and 
as a result, Defendants’ statements about the Company’s business, operations, and prospects were materially false and misleading at all relevant times.
What's Next for Helen of Troy Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/HELE. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Helen of Troy you have until August 3, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Helen of Troy Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Helen of Troy Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

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2026-07-06 17:20 1mo ago
2026-07-06 11:51 1mo ago
Can e.l.f. Beauty Extend Its Double-Digit Sales Growth Run?
ELF ELF Beauty
FMP Stock News
Original source text
Image: Shutterstock

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Key Takeaways e.l.f. Beauty expects fiscal 2027 net sales to grow 12% to 14%, reaching up to $1.865 billion. Rhode added $113 million in fourth-quarter sales, driving about 34 percentage points of growth. The core e.l.f. brand slowed recently, while price cuts and innovation aim to support momentum. e.l.f. Beauty, Inc. (ELF - Free Report) has built one of the strongest growth records in beauty, supported by consistent sales expansion, market share gains and a broader brand portfolio. The latest results show that the company is still positioned for double-digit growth in fiscal 2027, though the path now depends on both Rhode’s contribution and improved momentum in the core e.l.f. brand.

Fiscal 2026 net sales increased 25% to $1.64 billion, while fourth-quarter net sales rose 35% to $449.3 million. The quarter marked the company’s 29th consecutive quarter of net sales growth, underscoring the durability of its top-line performance.

The growth mix, however, has changed. Rhode contributed $113 million in fourth-quarter net sales, accounting for about 34 percentage points of quarterly growth. Excluding Rhode, organic net sales increased about 1% in the quarter. The core e.l.f. brand also showed some moderation, with global consumption slowing from high single digits in fiscal 2026 to low single digits over the latest 12 weeks, as spring 2026 innovation started slower than expected.

For fiscal 2027, e.l.f. Beauty expects net sales of $1.835 billion to $1.865 billion, representing growth of 12% to 14% from fiscal 2026. Rhode is expected to contribute about nine percentage points to full-year growth, including approximately $140 million of net sales in the first four months of the fiscal year. Organic net sales are expected to grow about 4% to 5%, encompassing Rhode once it becomes part of the organic growth starting in August.

To support the core e.l.f. brand, the company is focusing on value, innovation, international growth and sharper brand execution. While ELF’s guidance shows that double-digit sales growth remains within reach, sustaining that pace will require a stronger organic contribution from the core e.l.f. brand, alongside the continued scaling of Rhode.

Shares of this Zacks Rank #3 (Hold) company have rallied 25% over the past three months compared with the industry’s growth of 20.6%.

Image Source: Zacks Investment Research

3 Solid Cosmetic Bets to ConsiderThe Estee Lauder Companies Inc. (EL - Free Report) , a global prestige beauty company across skincare, makeup, fragrance and hair care, currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for The Estee Lauder Companies’ current fiscal-year sales and earnings suggests a year-over-year increase of 4.5% and 59.6%, respectively. EL delivered a trailing four-quarter earnings surprise of 39.1%, on average.

Helen of Troy Limited (HELE - Free Report) operates as a consumer product company with beauty, wellness, home and outdoor brands. HELE carries a Zacks Rank #2 at present.

The Zacks Consensus Estimate for Helen of Troy’s current fiscal-year earnings calls for a year-over-year decline of 3.1%, while the consensus mark for the next fiscal year EPS suggests 16.6% growth.

Nu Skin Enterprises, Inc. (NUS - Free Report) , a beauty and wellness company selling skincare, personal care and nutrition products, currently holds a Zacks Rank #2.

The Zacks Consensus Estimate for Nu Skin’s current financial-year sales and earnings indicates year-over-year declines of 4% and 21.3%, respectively. However, the consensus mark for NUS’ next-year sales and EPS suggests respective increases of 7.3% and 32% year over year.

Published in consumer-staples
2026-07-06 17:20 1mo ago
2026-07-06 13:11 1mo ago
Will e.l.f. Beauty (ELF) Beat Estimates Again in Its Next Earnings Report?
ELF ELF Beauty
FMP Stock News
Original source text
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider e.l.f. Beauty (ELF - Free Report) . This company, which is in the Zacks Cosmetics industry, shows potential for another earnings beat.

When looking at the last two reports, this cosmetics company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 40.10%, on average, in the last two quarters.

For the most recent quarter, e.l.f. Beauty was expected to post earnings of $0.29 per share, but it reported $0.32 per share instead, representing a surprise of 10.34%. For the previous quarter, the consensus estimate was $0.73 per share, while it actually produced $1.24 per share, a surprise of 69.86%.

Price and EPS Surprise

Thanks in part to this history, there has been a favorable change in earnings estimates for e.l.f. Beauty lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

e.l.f. Beauty has an Earnings ESP of +5.92% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner.

Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.

Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
2026-07-06 17:20 1mo ago
2026-07-06 13:11 1mo ago
Will HubSpot (HUBS) Beat Estimates Again in Its Next Earnings Report?
HUBS HubSpot
FMP Stock News
Original source text
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering HubSpot (HUBS - Free Report) , which belongs to the Zacks Internet - Software industry.

This cloud-based marketing and sales software platform has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 6.73%.

For the last reported quarter, HubSpot came out with earnings of $2.72 per share versus the Zacks Consensus Estimate of $2.47 per share, representing a surprise of 10.12%. For the previous quarter, the company was expected to post earnings of $2.99 per share and it actually produced earnings of $3.09 per share, delivering a surprise of 3.34%.

Price and EPS Surprise

For HubSpot, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

HubSpot has an Earnings ESP of +0.15% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner.

When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss.

Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
2026-07-06 17:18 1mo ago
2026-07-06 10:56 1mo ago
SOUN's Q1 Auto & IoT AI Business Jumps 88% YoY: Can Momentum Hold?
SOUN SoundHound AI
FMP Stock News
Original source text
Key Takeaways SOUN's auto and IoT AI business grew 88% organically in Q1, as total revenues rose 52% to $44.2M.SoundHound signed a seven-figure Japanese auto deal and expanded in South America with an OEM.SOUN is adding Voice AI to Walmart's ONN TV brand, broadening its connected-device footprint. SoundHound AI (SOUN - Free Report) reported strong first-quarter results in its automotive and IoT AI business, reflecting continued traction across automotive customers and connected-device integrations.

In the first quarter of 2026, SoundHound stated that its automotive and IoT AI business grew 88% year over year, excluding the impact of acquisitions. The figure is notable given the company’s active M&A backdrop, making organic growth an important indicator of core voice AI traction. Overall revenues increased 52% year over year to $44.2 million, with growth led by financial services and automotive.

Automotive growth was supported by new and expanded customer commitments. During the quarter, SoundHound signed a seven-figure commitment with a prominent Japanese auto manufacturer to deploy its voice assistant globally. The company also expanded into South America with a multinational OEM, indicating a broader geographic reach in the automotive market.

SoundHound’s IoT activity adds another device-based growth channel. The company signed an agreement to integrate its Voice AI into Walmart’s ONN TV brand and noted progress in voice commerce as multiple TV and well-known automotive brands integrate its solution. These agreements broaden the use cases for SOUN’s voice AI across connected-device platforms.

The monetization profile could also improve as automakers upgrade from pre-GenAI voice systems to GenAI and live GenAI capabilities. Higher-priced upgrades create an opportunity for SOUN to increase revenue per unit, while live GenAI adds a renewal component that could support a more recurring revenue profile over time.

SOUN’s organic growth is supported by expanding OEM relationships, higher-value GenAI upgrades, live GenAI renewal opportunities and a broader connected-device footprint. These drivers likely give the automotive and IoT business a stronger base to remain a meaningful contributor to organic growth in the upcoming periods.

SOUN’s Price Performance, Valuation & EstimatesSoundHound’s shares have lost 42.5% in the past year compared with the industry’s fall of 34.8%. At the same time frame, other industry players, including C3.ai, Inc. (AI - Free Report) and BigBear.ai Holdings, Inc. (BBAI - Free Report) , have declined 64.6% and 54.6%, respectively.

SOUN Stock’s One-Year Price Performance
Image Source: Zacks Investment Research

SOUN stock is currently trading at a discount. It is currently trading at a forward 12-month price-to-sales (P/S) multiple of 11.25, slightly below the industry average of 11.53. Then again, other industry players, such as C3.ai and BigBear.ai, have P/S ratios of 6.26 and 10.95, respectively.

SOUN’s P/S Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for SoundHound’s 2026 loss per share has widened from 13 cents to 18 cents in the past 60 days.

EPS Trend of SOUN Stock
Image Source: Zacks Investment Research

The company is likely to report dismal earnings, with projections indicating a 38.5% year over year fall in 2026. Conversely, industry players like BigBear.ai are likely to witness growth of 69.5% year over year in 2026 earnings. C3.ai is likely to project a rise of 39.3% in 2027 earnings.

SOUN’s Zank Rank
2026-07-06 17:17 1mo ago
2026-07-06 11:22 1mo ago
Reddit is using LLMs to solve a problem LLMs largely created
RDDT Reddit
FMP Stock News
Original source text
In Brief

Posted:

8:22 AM PDT · July 6, 2026

Image Credits:TechCrunch It’s easier than ever for bad actors to spew spam across the internet as powerful large language models (LLMs) become effortlessly accessible. If you’ve spent about ten minutes on the internet in the last few years, you will know that this means spam and bot content have gotten become an even bigger problem than they already were.

Reddit says it developed tools with LLMs to cut down on spam, much of which was created with LLMs in the first place. It’s a bit ironic, but in the AI era, platforms have no choice but to fight fire with fire. According to the platform, Reddit blocks 23 million spam views per day and catches about 25,000 new spam posts and comments each day.

Social platforms have been building automated spam reduction tools for years, but Reddit says these updated tools are catching spam at a higher rate.

“We leverage LLMs to catch the highly subtle, coordinated patterns of fake behavior and artificial hype that older systems once missed,” a Reddit blog post says. The company claims it reduced users’ exposure to spam by 20% from January to March compared with the prior three months.

Platforms like YouTube, Meta, and Instagram allow users to post AI-generated content so long as they disclose it, and TikTok is going as far as letting users toggle how much AI-generated content they want to see.

If platforms are able to detect AI-generated content faster, that also means that they have the potential to flag violative content like hate speech more quickly. But platform experts have continually reminded us that AI content moderation must be paired with human moderation to get the most effective results.

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2026-07-06 17:17 1mo ago
2026-07-06 12:20 1mo ago
Is Ultra Clean Stock Still a Buy After 320% Surge in the YTD Period?
UCTT Ultra Clean Holdings
FMP Stock News
Original source text
Key Takeaways Ultra Clean is benefiting from AI-driven fab spending and demand from leading chip equipment customers. UCTT's UCT 3.0 strategy aims to boost production ramps, efficiency and market share in next-gen programs. UCTT trades below industry and sector P/S averages despite an improving EPS outlook and scalable capacity. Ultra Clean Holdings (UCTT - Free Report) shares have surged 320.3% year to date, outperforming the Zacks Electronics Manufacturing Machinery industry's return of 147.7% and the broader Computer and Technology sector's appreciation of 14.6%. The rally also outpaces peer MKS Inc. (MKSI - Free Report) , which is up 128.7% over the same period.

The rally reflects UCTT's concentrated positioning in leading-edge foundry logic and advanced memory, two of the fastest-growing verticals in the semiconductor capital equipment market. Major equipment manufacturers such as Applied Materials (AMAT - Free Report) and Lam Research (LRCX - Free Report) source critical subsystems and components from UCTT. Demand from these customers is rising as they ramp tool shipments to meet accelerating fab investment, benefiting UCTT directly. Let us find out whether investors should buy UCTT stock right now.

UCTT’s Price Performance
Image Source: Zacks Investment Research

UCTT Benefits From the Fab Investment CycleUCTT designs and manufactures gas delivery systems, chemical delivery subsystems, precision cleaning solutions and other high-value components that are integrated directly into semiconductor fabrication equipment, positioning the company close to the equipment build cycle. As leading customers such as Applied Materials and Lam Research increase tool production to support advanced chip manufacturing, Ultra Clean benefits from rising demand for its critical subsystems and manufacturing services.

The current semiconductor investment cycle is being driven by artificial intelligence infrastructure, leading-edge foundry logic, high bandwidth memory and advanced packaging, all of which require increasingly sophisticated wafer fabrication equipment. Industry-wide wafer fabrication equipment spending is projected at $140 billion to $145 billion in 2026 after growing 18% to 20% in 2025. UCTT's customers have pointed to spending growth of at least 15% in 2027, supported by easing memory supply constraints as major producers invest in new fabrication plants and upgrade existing facilities. This is unlocking additional leading-edge factory launches and expanding the addressable opportunity for UCTT.

Ultra Clean's services business provides another long-term growth driver because it is linked to wafer starts rather than new equipment purchases alone. As fabs operate at higher utilization and process greater wafer volumes, services demand increases alongside equipment shipments, creating a more resilient revenue stream throughout the semiconductor cycle.

UCTT Ramps Up to Expand Market ShareBeyond favorable industry conditions, Ultra Clean is strengthening its competitive position through its UCT 3.0 strategy, which focuses on ramp readiness, the MPX new product introduction framework and digital transformation. These initiatives are designed to accelerate customer production ramps, improve manufacturing efficiency and position UCTT to capture a larger share of next-generation semiconductor equipment programs.

The MPX framework enables UCTT to co-innovate with customers earlier in the product development cycle, compressing new product introduction timelines and strengthening supply chain responsiveness. By expanding regional engineering capabilities and aligning manufacturing closer to customer facilities, UCTT is enhancing its ability to support leading customers such as Applied Materials and Lam Research as they transition to more advanced process nodes and ramp up AI-driven semiconductor equipment production.

UCTT's global manufacturing footprint currently supports approximately $3 billion in annual revenues and can scale to nearly $4 billion with modest incremental capital investment, providing ample capacity to meet rising customer demand while improving operating leverage. This scale advantage is notable in a supply landscape that includes larger diversified players such as MKS Inc., which spans vacuum solutions, power delivery and photonics across a wider set of end markets.

The Zacks Consensus Estimate for 2026 EPS is pegged at $2.46 per share, up 11 cents over the past 30 days, indicating year-over-year growth of 134.3%.

UCTT Trades at Attractive ValuationsDespite its strong year-to-date rally, UCTT continues to trade at an attractive valuation. The stock trades at a forward 12-month price-to-sales (P/S) multiple of 1.67X, well below the industry's 3.54X and the broader sector's 6.32X and peer MKS' 4.71X. This discount stands out given UCTT's improving earnings outlook, scalable manufacturing capacity and exposure to the AI-driven semiconductor investment cycle. Supported by long-standing relationships with Applied Materials and Lam Research, UCTT is well-positioned to sustain above industry growth.

UCTT’s P/S F12M Ratio
Image Source: Zacks Investment Research

ConclusionDespite UCTT's remarkable rally year to date, the company's long-term growth story remains intact. Rising wafer fabrication equipment spending and AI-driven semiconductor investments continue to create favorable demand conditions. UCTT's UCT 3.0 strategy and strong customer relationships should support additional market share gains. With the stock trading at a valuation below the industry and sector averages, UCTT remains a compelling buy for investors seeking exposure to the semiconductor capital equipment supply chain.

Ultra Clean sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
2026-07-06 17:16 1mo ago
2026-07-06 13:01 1mo ago
AAOI Surges 247% YTD: Should You Buy, Sell, or Hold the Stock?
AAOI Applied Opt
FMP Stock News
Original source text
Applied Optoelectronics stock's 247% YTD surge reflects AI-driven demand for next-gen transceivers, but competition, capacity limits, and valuation concerns loom.
2026-07-06 17:15 1mo ago
2026-07-06 12:45 1mo ago
Regions Financial (RF) Could Be a Great Choice
RF Regions Financial
FMP Stock News
Original source text
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.

Regions Financial (RF - Free Report) is headquartered in Birmingham, and is in the Finance sector. The stock has seen a price change of 11.73% since the start of the year. The holding company for Regions Bank is currently shelling out a dividend of $0.26 per share, with a dividend yield of 3.5%. This compares to the Banks - Southeast industry's yield of 1.94% and the S&P 500's yield of 1.38%.

Looking at dividend growth, the company's current annualized dividend of $1.06 is up 2.9% from last year. Over the last 5 years, Regions Financial has increased its dividend 4 times on a year-over-year basis for an average annual increase of 13.34%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Regions Financial's current payout ratio is 44%, meaning it paid out 44% of its trailing 12-month EPS as dividend.

Looking at this fiscal year, RF expects solid earnings growth. The Zacks Consensus Estimate for 2026 is $2.61 per share, with earnings expected to increase 12.02% from the year ago period.

Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. It's important to keep in mind that not all companies provide a quarterly payout.

High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. That said, they can take comfort from the fact that RF is not only an attractive dividend play, but also represents a compelling investment opportunity with a Zacks Rank of #2 (Buy).
2026-07-06 17:15 1mo ago
2026-07-06 12:27 1mo ago
Which Small-Cap ETF Is the Better Buy: Vanguard's VB or JPMorgan's BBSC?
SMTC Semtech
FMP Stock News
Original source text
JPMorgan's concentrated small-cap fund outpaced Vanguard over one year, but carries higher volatility and a steeper expense ratio.
2026-07-06 16:56 1mo ago
2026-07-06 10:40 1mo ago
Are Business Services Stocks Lagging Innventure, Inc. (INV) This Year?
SEZL Sezzle
FMP Stock News
Original source text
For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Innventure, Inc. (INV - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.

Innventure, Inc. is one of 247 companies in the Business Services group. The Business Services group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Innventure, Inc. is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for INV's full-year earnings has moved 33.2% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the most recent data, INV has returned 15.3% so far this year. Meanwhile, stocks in the Business Services group have lost about 6.9% on average. This shows that Innventure, Inc. is outperforming its peers so far this year.

Another Business Services stock, which has outperformed the sector so far this year, is Sezzle Inc. (SEZL - Free Report) . The stock has returned 188.7% year-to-date.

The consensus estimate for Sezzle Inc.'s current year EPS has increased 8.2% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Breaking things down more, Innventure, Inc. is a member of the Technology Services industry, which includes 121 individual companies and currently sits at #107 in the Zacks Industry Rank. On average, this group has lost an average of 4.6% so far this year, meaning that INV is performing better in terms of year-to-date returns.

Sezzle Inc., however, belongs to the Financial Transaction Services industry. Currently, this 37-stock industry is ranked #50. The industry has moved -8.5% so far this year.

Investors interested in the Business Services sector may want to keep a close eye on Innventure, Inc. and Sezzle Inc. as they attempt to continue their solid performance.
2026-07-06 16:56 1mo ago
2026-07-06 11:45 1mo ago
Brookfield Finance Perpetual Notes: A Misunderstood 'Must Own' Bargain
BN-US Brookfield Corporation
FMP Stock News
Original source text
Brookfield Corporation is a large “blue chip” A- rated conglomerate with vast diversified holdings that has performed very well over the last 10 years. Brookfield Finance Perpetual Notes are guaranteed by Brookfield Corporation, so they come with great safety and sell at a huge discount to par for potentially large price gains. Interestingly, BNJ pays interest that is classified as a “qualified dividend,” so it generates a huge after-tax yield not seen from any other BBB-rated investment-grade note.
2026-07-06 16:55 1mo ago
2026-07-06 11:30 1mo ago
Nebius Stock Jumps 124% in 6 Months: Time to Buy, Hold or Sell?
NBIS Nebius Group
FMP Stock News
Original source text
NBIS stock rallies on AI infrastructure expansion, surging revenues and strong demand, but high capex and premium valuation temper near-term upside.
2026-07-06 16:55 1mo ago
2026-07-06 11:37 1mo ago
Nebius: Why The Meta Selloff Is A Massive Misunderstanding
NBIS Nebius Group
FMP Stock News
Original source text
1.91K Followers

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

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-07-06 16:54 1mo ago
2026-07-06 08:30 1mo ago
This Explosive Quantum Stock Just Got a Massive $100 Million Catalyst
QBTS D-Wave Quantum
FMP Stock News
Original source text
D-Wave Quantum (QBTS +3.44%) just received a major quantum catalyst tied to proposed U.S. government funding, giving investors a new reason to watch the stock closely. The bull case is enormous if quantum adoption accelerates, but the valuation already prices in a future that may take years to prove.

Stock prices used were the market prices of June 26, 2026. The video was published on July 3, 2026.

Rick Orford 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. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
2026-07-06 16:54 1mo ago
2026-07-06 11:52 1mo ago
3 Quantum Computing Stocks to Buy in July
QBTS D-Wave Quantum
FMP Stock News
Original source text
Quantum computing stocks are speculative, pre-profit bets, well outside core-portfolio territory, on a technology that even NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) CEO Jensen Huang once suggested is likely at least 15 years away from large-scale commercialization. All three names below routinely swing in double-digit percentages on no news and trade at extreme price-to-sales multiples that have been reported as high as ~109 for IonQ, ~836 for Rigetti, and ~791 for D-Wave by one source, with smaller but still extreme readings from others. Source variance is wide. Treat these as aggressive position-sized lottery tickets on a multi-year technology curve.

That said, the operating data underneath the hype has materially improved in 2026. Bookings, remaining performance obligations, and cash positions are stronger than at any prior point for the publicly traded quantum pure-plays. Here are three US-listed names worth a look in July for investors who can stomach the volatility.

IonQ (NYSE: IONQ) IonQ (NYSE:IONQ) is the scale leader of the group, with a market cap of roughly $20.11 billion and the most aggressive revenue ramp. Q1 FY26 revenue hit $64.67 million, up 755% year over year, beating the midpoint of its own guidance by 30%. Management raised full-year guidance to $260 million to $270 million and pointed to organic growth above 100% YoY.

The bull case rests on three things. First, remaining performance obligations exploded to $470 million, up 554% YoY, providing real revenue visibility. Second, IonQ booked its first 256-qubit Tempo system sale to the University of Cambridge, signaling a shift from R&D-grade testing to commercial-scale systems. Third, the balance sheet shows $493.54 million in cash, plus the pending SkyWater acquisition expected to close in Q2 or Q3 2026. CEO Niccolo de Masi called it “the biggest quarter in our company’s history”.

Risk/caveat: This is a speculative, aggressive-investor-only position. The stock is already down 25% over the past month, and FY26 adjusted EBITDA loss guidance sits at negative $330 million to negative $310 million. Q1 stock-based compensation alone was $128.52 million, with operating cash burn of $151.02 million. Dilution risk is real.

Rigetti Computing (NASDAQ: RGTI) Rigetti Computing (NASDAQ:RGTI) is the technology-purity bet. The company’s 108-qubit Cepheus-1-108Q system reached general availability across Rigetti QCS, Amazon Braket, Microsoft Azure Quantum, and qBraid this quarter, with median 99.8% two-qubit gate fidelity at 40-nanosecond gate speeds, and up to 99.9% on prototypes. Q1 FY26 revenue nearly tripled to $4.40 million from $1.47 million a year earlier.

The thesis: Rigetti’s chiplet-based superconducting architecture is producing measurable performance gains, and the balance sheet has $569 million in cash and investments with no debt, funding a planned $100 million UK investment over three to four years targeting a 1,000+ qubit system. CEO Subodh Kulkarni described Cepheus-1-108Q as “one of the most powerful generally available gate-based quantum computers in the world.” Market cap sits at roughly $6.35 billion, the smallest of the three.

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

Risk/caveat: Aggressive-investor-only. Revenue is still tiny relative to valuation, operating losses widened to $25.95 million and insider activity raises eyebrows. CTO David Rivas disposed of 499,328 shares at $25.396 on May 29, and Director Ray Johnson sold over 207,000 shares in early-to-mid June. Shares are down about 12% year to date.

D-Wave Quantum (NYSE: QBTS) D-Wave Quantum (NYSE:QBTS) is the dual-modality wildcard. It is the only company pursuing both annealing and gate-model quantum computing, and the bookings line is exploding. Q1 FY26 bookings reached $33.40 million, up nearly 2,000% YoY, anchored by a $20 million Florida Atlantic University system deal and a $10 million Fortune 100 QCaaS agreement. Remaining performance obligations jumped to $42.40 million, up 563% YoY.

Headline revenue of $2.86 million was down 81% YoY, but the decline is mechanical: the prior-year period included a $12.6 million system sale. The Quantum Circuits acquisition accelerates the gate-model roadmap toward a 17-qubit dual-rail system in 2026 and 100 logical qubits targeted by 2032, while the Advantage3 annealer aims at 100,000 qubits. Cash stood at $588.4 million, with market cap near $8.79 billion. CEO Alan Baratz said the company is “uniquely positioned to participate in the full addressable quantum computing market.”

Risk/caveat: Speculative, aggressive-investor-only. Revenue is lumpy and dependent on large discrete system sales. Adjusted EBITDA loss widened to negative $32.8 million from negative $6.1 million and GAAP operating expenses rose 125% YoY. Shares are down about nearly 9% over the past month.

What to watch in July Position sizing is the entire game here. The June drawdowns across all three (IonQ down 25%, Rigetti down 24%, D-Wave down 21% on the month) underscore how quickly sentiment shifts. Q2 earnings in early August will test whether the bookings momentum is durable or whether the sector is repricing toward the longer commercialization timeline that skeptics keep flagging. Keep an eye on the stock action around any government contract announcements and any updates on the SkyWater and Quantum Circuits integrations.

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

Contact [email protected] for any questions or corrections.
2026-07-06 16:52 1mo ago
2026-07-06 10:30 1mo ago
Wall Street Analysts See APTIV PLC (APTV) as a Buy: Should You Invest?
APTV Aptiv
FMP Stock News
Original source text
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Aptiv PLC (APTV - Free Report) .

APTIV PLC currently has an average brokerage recommendation (ABR) of 1.25, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 22 brokerage firms. An ABR of 1.25 approximates between Strong Buy and Buy.

Of the 22 recommendations that derive the current ABR, 19 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 86.4% and 9.1% of all recommendations.

Brokerage Recommendation Trends for APTV

Check price target & stock forecast for APTIV PLC here>>>

While the ABR calls for buying APTIV PLC, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.

Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.

In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.

Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.

Zacks Rank Should Not Be Confused With ABRIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.

Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.

In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.

Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.

Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.

Should You Invest in APTV?In terms of earnings estimate revisions for APTIV PLC, the Zacks Consensus Estimate for the current year has declined 1.7% over the past month to $6.25.

Analysts' growing pessimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates lower, could be a legitimate reason for the stock to plunge in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #5 (Strong Sell) for APTIV PLC. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, it could be wise to take the Buy-equivalent ABR for APTIV PLC with a grain of salt.
2026-07-06 16:52 1mo ago
2026-07-06 11:44 1mo ago
Hut 8 vs. Riot Platforms: Which Bitcoin Miner Turning Data Center Developer Is the Better Stock Now?
HUT Hut 8
FMP Stock News
Original source text
As the race for computing power intensifies, investors are looking for the best way to play the digital infrastructure boom. Choosing between Hut 8 Corp (HUT +9.42%) and Riot Platforms Inc (RIOT +6.11%) requires understanding their pivot toward high-density workloads.

Hut 8 operates as a diversified compute infrastructure provider with assets across North America, while Riot Platforms focuses on large-scale, vertically integrated data center development. Both companies are navigating the shift from pure Bitcoin mining to supporting artificial intelligence and high-performance computing applications.

The case for Hut 8 CorpHut 8 develops and manages power and digital infrastructure, including data centers and cloud services. The company operates through several segments, including its Hut 8 Canada unit, which provides colocation services to more than 200 enterprise customers. This pivot is attracting attention within the broader fintech stocks landscape as the company focuses on energy-intensive compute workloads.

A major highlight of its strategy is a 15-year lease for its River Bend campus AI data center, a deal valued at approximately $7 billion. This long-term relationship serves as a primary revenue source. In FY 2025, the company reported revenue of nearly $235.1 million, an increase of 45% from the prior year. The company also reported a net loss of approximately $226.1 million for the same period, a swing from net income of more than $338 million in 2024.

As of its December 2025 balance sheet, the company maintains a debt-to-equity ratio of nearly 0.3x. This ratio measures total debt relative to shareholder equity, indicating a relatively conservative use of borrowed funds. For the previous 12 months, free cash flow was negative $132.6 million, calculated by subtracting capital expenditures from cash flow from operations.

The case for Riot PlatformsRiot Platforms operates large-scale data centers with a focus on vertical integration across mining, engineering, and fabrication. The company primarily operates out of facilities in central Texas and Kentucky, serving major power markets. A key differentiator is its strategic shift toward high-performance computing, evidenced by a 10-year data center lease with Advanced Micro Devices (AMD +7.91%) at its Rockdale facility.

The company is also exploring advanced energy solutions, including a collaboration with Terrestrial Energy to study molten salt nuclear reactors for future data centers. In FY 2025, Riot Platforms reported revenue of nearly $647.4 million, reflecting a revenue growth increase of nearly 72%. Despite the growth in sales, the company reported a net loss of roughly $663.2 million for the fiscal year, a swing from $109 million netincome in 2024.

According to its December 2025 balance sheet, the debt-to-equity ratio is approximately 0.3x. This indicates that for every dollar of equity, the company carries roughly 30 cents of total debt. Free cash flow for the period reached negative $774.3 million as the company continued to invest heavily in its data center infrastructure and expansion projects.

Risk profile comparisonHut 8 faces significant risks from Bitcoin price volatility, which directly affects its financial results given its large holdings. The business is also heavily dependent on reliable electrical power, particularly at its sites in Texas and Louisiana, where grid constraints can force operational shutdowns. Furthermore, the company faces intense competition from other players for access to the power and land required for high-density AI workloads. A previously noted legal risk related to a 2023 merger was resolved through a settlement of roughly $2.35 million in mid-2026.

Riot Platforms is currently defending an intellectual property lawsuit over its data center cooling technology, brought by Green Revolution Cooling Inc. Like its peers, the company is highly sensitive to the power market, specifically to regulatory orders from the Electricity Reliability Committee of Texas (ERCOT) that could curtail operations in that state. Profitability remains concentrated in Bitcoin mining, making it vulnerable to price drops or increased mining difficulty. There is also the risk of executing its pivot to large-scale AI data centers, as any failure to manage the technical transition could hurt financial performance relative to competitors like Marathon Digital Holdings (MARA +6.53%).

Valuation comparisonRiot Platforms currently trades at significantly lower earnings and sales multiples than Hut 8, suggesting a more conservative valuation relative to future earnings estimates.

MetricHut 8Riot PlatformsSector BenchmarkForward P/E84.8x20.9x17.3xP/S ratio36.7x11.7xn/aSector benchmark uses the SPDR XLF sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.

Which stock would I buy in 2026?Two years ago, Hut 8 set about transforming its business from a Bitcoin miner to an energy- and AI data center-focused company. Management spun out its Bitcoin holding subsidiary as its own traded entity, American Bitcoin (ABTC +3.67%). Hut 8 still controls the majority of that business, but the move was to simplify the story of Hut 8 transformation into a data center and associated energy production developer. Basically, its model is to develop new data centers with on-site energy production, securing revenue from long-term leases. While Hut 8 is working to pitch investors on an explainable developer model, the business’s financials are still affected by the subsidiary’s Bitcoin operations, which get included in Hut 8’s accounting. The drop in Bitcoin’s price in 2025, which is marked to market for the period, accounts for much of the net loss.

Similarly, Riot Platforms is transitioning itself to a data center operator, while also being highly invested in the Bitcoin space. The company continues to mine for Bitcoin while using the digital currency as an asset to help finance its data center developments. Its first major deal, with AMD, is a prototype of what it expects to do with other companies, developing a data center with co-located energy resources. Like Hut 8, Riot’s books are still affected by the price of Bitcoin, with the marking to market of its Bitcoin holdings responsible for much of the net loss for fiscal 2025.

Both businesses are moving headlong into AI to diversify away from the boom-and-bust, increasingly expensive world of Bitcoin mining. Hut 8 controls about $675 million in Bitcoin while Riot controls more than $900 million, at recent prices. Both businesses remain highly dependent on currency prices. The plus side is that those assets can be used to secure financing for the capital-intensive development of data centers and to backstop the value of the companies themselves. The price-to-book value of Riot is 3.5x while the price-to-book value for Hut 8 is 7.9x. Book value is a rough estimate of what the business is worth if it were liquidated.

Wall Street analysts see Hut 8 growing revenue faster than Riot, with consensus revenue near $ 1.4 billion in 2030. For Riot, analysts project revenue will jump to $1.9 billion in 2029. But beware: both estimates are highly speculative and depend on businesses executing their AI and energy plans well.

Right now, Riot Platforms, with its cheaper price-to-sales and cheaper price-to-book, is the choice to make in 2026.
2026-07-06 16:51 1mo ago
2026-07-06 12:14 1mo ago
CoreWeave: Nearing An Inflection Point As Capacity Scales Toward Profitability
CRWV CoreWeave
FMP Stock News
Original source text
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA, META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-07-06 16:50 1mo ago
2026-07-06 12:31 1mo ago
NVTS Stock Plunges 41% in a Month: Hold Tight or Book Profits?
NVTS Navitas Semiconductor
FMP Stock News
Original source text
Navitas Semiconductor plunges 41% in a month, as premium valuation, revenue pressure and intense competition weigh on its near-term outlook.
2026-07-06 16:49 1mo ago
2026-07-06 12:31 1mo ago
OR Royalties: A Mid-Tier Royalty Compounder Entering Its Harvest Phase
OR.G Osisko Gold Royalties
FMP Stock News
Original source text
OR Royalties is evolving into a mid-tier royalty platform, diversifying beyond its legacy Canadian Malartic asset. OR delivers high-margin cash flow, a robust five-year growth profile, and significant exploration optionality without requiring direct sustaining capital from shareholders. Recent acquisitions, including Namdini, San Gabriel, and Spring Valley royalties, enhance both immediate revenue and future growth optionality.
2026-07-06 16:47 1mo ago
2026-07-06 10:49 1mo ago
Klarna seeks U.S. bank charter in latest push beyond buy now, pay later
KLAR Klarna Group
FMP Stock News
Original source text
Klarna, the Swedish fintech firm best known for its buy now, pay later offerings, said Monday it applied to federal and state regulators to establish a U.S. bank subsidiary.

The firm said that, if approved, Klarna Bank USA would be a Federal Deposit Insurance Corp.-backed institution chartered in Utah. The proposed bank would be led by Gary Harding, former CEO of Milestone Bank and Prime Alliance Bank, according to Klarna.

"We've seen firsthand the appetite for a fairer, more transparent approach in the U.S., and our own banking license is the natural next step," said Sebastian Siemiatkowski, co-founder and CEO of Klarna.

The move will give "customers tools to borrow responsibly and build financial confidence, while bringing greater competition, innovation, and choice" to the market, he said.

Klarna's application is the latest sign that fintech firms, which mostly partner with U.S. banks to offer services, now see owning their own charters as a key advantage. In April, fintech provider Mercury said it won conditional approval to establish its own bank, joining a wave of fintech and crypto firms seeking entry to the traditional banking system.

Klarna said that its charter, if approved, would let it bring its banking operations in-house and strengthen reliability across payments, credit and merchant services.

The application marks Klarna's latest step toward becoming a broader consumer bank rather than just a buy now, pay later provider. Last month, Klarna introduced high-yield savings accounts to U.S. customers, though its partner WebBank holds those accounts. 

By owning a bank, fintech firms can fund loans with their own customer deposits instead of more expensive wholesale financing, directly offer checking accounts and credit cards and rely less on third-party banking partners.

Klarna, which went public last September, is trading for about half of its initial public offering price of $40.
2026-07-06 16:47 1mo ago
2026-07-06 11:22 1mo ago
Klarna Seeks Green Light to Become a US-Chartered Bank
KLAR Klarna Group
FMP Stock News
Original source text
 | 

Klarna has become the latest FinTech aiming to become a regulated U.S. bank.

The Swedish company announced Monday (July 6) that it had applied to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation (FDIC) to establish Klarna Bank USA, its proposed Utah-chartered industrial bank.

“Banking is built on trust,” Sebastian Siemiatkowski, co-founder and CEO of Klarna, said in a news release.

“We’ve seen firsthand the appetite for a fairer, more transparent approach in the U.S., and our own banking license is the natural next step, giving customers tools to borrow responsibly and build financial confidence, while bringing greater competition, innovation, and choice to consumers and merchants alike.”

Klarna, known for its buy now, pay later (BNPL) services, has been licensed as a bank in Europe since 2017, and offers banking services in the U.S. through a network of partners.

The company says a charter would allow Klarna to bring its “existing banking operations in-house,” providing greater reliability in areas like payments, savings, credit and merchant services, while supporting sustainable growth.

“For consumers, the result is a different kind of bank: transparent, safe, and free of hidden fees, with digital tools and traditional banking products in one place,” the release added.

Klarna says it has chosen Gary Harding to serve as president and chief executive of the proposed bank. He has more than a decade of executive experience in the U.S. financial sector, serving as chairman/CEO of Milestone Bank, and president/CEO of Prime Alliance Bank.

This is happening amid a growth in interest among FinTechs in new banking charters, following several years of muted activity, as PYMNTS wrote recently.

“Organizers continue to pursue de novo institutions for a variety of business models, reflecting a broader view among some FinTechs that direct federal supervision can offer greater long-term control than relying exclusively on sponsor-bank relationships,” that report said.

Meanwhile, the Office of the Comptroller of the Currency (OCC) recently issued new guidance that could lift one of the biggest obstacles to FinTechs considering becoming banks: understanding which regulatory standards have hindered other applicants.

The regulator issued new guidance recently which says it plans to make denial decisions public so the industry can get a better handle on how the OCC applies its standards
2026-07-06 16:46 1mo ago
2026-07-06 12:05 1mo ago
It's not just Terawulf, IREN shares are soaring because of Anthropic too
IREN IREN
FMP Stock News
Original source text
All eyes are on Terawulf (WULF) shares this morning after the digital infrastructure firm revealed a monumental $19 billion contracted revenue deal with Anthropic.

But it’s not all about WULF only; neocloud provider IREN Ltd (IREN) is soaring this morning as well, and it also has the same artificial intelligence (AI) research lab to thank.

Despite today’s gains, however, IREN shares are hovering just over the price at which they started 2026.

The primary catalyst fueling IREN stock at writing is the revelation that the company has been shortlisted for Anthropic’s massive, confidential data center procurement project in Australia.

According to reports from The Australian Financial Review’s Street Talk column, the high-profile AI lab behind the Claude family of LLMs wants to secure a whopping 1.4 gigawatts of operational capacity in a regional expansion valued between $12 billion and $15 billion.

Being named an elite bidder alongside institutional real estate giants like AirTrunk and NextDC heavily validates IREN’s rapid pivot into high-performance computing (HPC).

This validation is further amplified today by a broader tech sector rebound – with Nasdaq futures gaining over 1.1% to lift high-beta AI growth names across the board.

The structural implications of Anthropic’s multi-billion-dollar tender transform IREN’s long-term commercial outlook as it positions the company to lock in highly lucrative, multi-decade enterprise hosting contracts.

It also sharpens investor focus on IREN’s balance‑sheet discipline and its ability to scale without diluting shareholders.

A bid of this magnitude signals that IREN’s modular HPC architecture, renewable‑heavy power strategy, and accelerated commissioning timelines meet the technical and operational thresholds demanded by frontier‑model developers.

Just being in the final cohort improves IREN shares’ credibility with hyperscalers, strengthens its negotiating leverage for future enterprise contracts, and broadens the probability for long‑duration, inflation‑protected revenue streams that could reshape its valuation trajectory.

As regular trading progresses, the dual announcements from TeraWulf and IREN clearly signal that frontier AI enterprises are looking past traditional hyperscalers to secure raw, grid-allocated power.

Anthropic’s multi-billion-dollar infrastructure commitments prove that AI capital expenditures are being distributed across multiple agile infrastructure providers rather than a single winner-take-all monopoly.

For IREN stock, transitioning its massive 5-gigawatt secured power pipeline into multi-decade enterprise hosting leases completely reshapes its forward-looking revenue predictability heading into the upcoming August earnings cycle.

While execution risks regarding capital dilution remain a standard talking point on Wall Street, the mid-summer market price action demonstrates that institutional investors are aggressively buying the dip on verified megawatt ownership.

Note that Wall Street currently has a “Moderate Buy” rating on IREN Ltd, with a mean price target of nearly $81.
2026-07-06 16:45 1mo ago
2026-07-06 11:41 1mo ago
Silicon Motion Soars 307% in a Year: Is the Stock Worth Buying Now?
SIMO Silicon Motion Technology
FMP Stock News
Original source text
Key Takeaways SIMO has gained 307.4% in the past year, outpacing its industry and peers, AMD and IBM.Silicon Motion expects Q2 2026 revenues of $393M-$411M, up 15%-20% sequentially.SIMO's SSD controller ramps and fabless model support growth in AI, cloud and automotive. Silicon Motion Technology Corporation (SIMO - Free Report) has gained a stellar 307.4% over the past year compared with the industry’s growth of 221.9%. It has also outperformed peers like Advanced Micro Devices, Inc. (AMD - Free Report) and International Business Machines Corporation (IBM - Free Report) . While Advanced Micro has gained 284.2%, IBM has lost 1% over the same period. 

One-Year SIMO Stock Price Performance

Image Source: Zacks Investment Research

SIMO Buoyed by Health Portfolio TractionSilicon Motion has strengthened its position as the leading independent supplier of client SSD (solid-state drive) controllers to module makers, serving many of the top manufacturers across the United States, Taiwan and China. The company has worked closely with NAND flash vendors to develop proprietary controller technologies that address the limitations of 3D NAND architecture, enabling it to maintain a competitive edge. With initial shipments of its 3D SSD controllers already underway, Silicon Motion expects these products to become a key growth driver over the coming year as its flash partners continue expanding 3D NAND production capacity.

The company has also begun mass production of PCIe NVMe client SSD controllers for its flash partners, positioning itself to benefit from growing SSD demand and favorable industry dynamics. Further strengthening its portfolio, Silicon Motion introduced the industry's first PCIe Gen5 client SSD controller, the SM2508, built on TSMC's advanced 6nm EUV process. The controller delivers up to 50% lower power consumption than comparable 12nm solutions while offering as much as 1.7 times greater power efficiency than PCIe Gen4 SSDs.

Beyond client SSDs, Silicon Motion continues to broaden its market reach by expanding SSD controller programs with PC OEMs and increasing shipments of eMMC and UFS controllers for smartphones, automotive systems and IoT devices. The company is also preparing to launch its next-generation enterprise-class SSD controllers, which should further diversify its growth opportunities. Its eMMC business is showing encouraging signs of recovery, reinforcing the strength of its embedded storage portfolio. As the market shifts from legacy eMMC 4.5 to the more advanced eMMC 5.1 standard, Silicon Motion expects rising demand for its latest eMMC controllers to provide another meaningful avenue for growth.

Fabless Business Model Provides a Competitive AdvantageSilicon Motion operates under a fabless business model, concentrating on the design and development of semiconductor chips while outsourcing manufacturing to leading foundries such as TSMC. This approach significantly reduces capital expenditure by eliminating the need to invest in costly fabrication facilities. As a result, the company can rapidly adopt the latest manufacturing technologies, improve profitability through higher margins and dedicate greater resources to research, innovation and product development instead of managing manufacturing operations.

The company is well-positioned to benefit from several high-growth end markets, including artificial intelligence (AI), high-performance computing (HPC), cloud data centers, automotive storage and smartphones and other mobile devices. These markets continue to expand, creating substantial opportunities for the company. We believe Silicon Motion's broadening customer base, coupled with its continued focus on developing innovative storage controller solutions, will support sustained revenue growth in the years ahead.

Image Source: Zacks Investment Research

SIMO Offers Bullish GuidanceFor the second quarter of 2026, Silicon Motion expects revenues in the range of $393 million to $411 million, representing sequential growth of 15% to 20% and year-over-year growth of 98% to 107%. Management expects continued momentum through 2026, supported by new product ramps, expanding enterprise opportunities and sustained market share gains across its core businesses.

Estimate Revision TrendEarnings estimates for Silicon Motion for 2026 have moved up 88.7% to $8.87 over the past year, while the same for 2027 have increased 88.4% to $10.87. The positive estimate revision depicts optimism about the stock’s growth potential.

Image Source: Zacks Investment Research

End NoteWith solid fundamentals and healthy revenue-generating potential, driven by robust demand trends, Silicon Motion appears to be a solid investment proposition. Further, a strong emphasis on quality, diligent execution of operational plans and continuous portfolio enhancements are driving more value for customers. An asset-light fabless semiconductor model, solid growth exposure to AI, cloud and automotive markets, with increasing market share in SSD and mobile controllers and continuous innovation in storage technologies are key growth drivers for the company.

The stock has a long-term earnings growth expectation of 53.6% and delivered a trailing four-quarter average earnings surprise of 18.6%. Silicon Motion sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Riding on a robust earnings surprise history and favorable Zacks Rank, Silicon Motion appears primed for further stock price appreciation. Consequently, investors are likely to profit if they bet on this high-flying stock now.
2026-07-06 16:45 1mo ago
2026-07-06 11:41 1mo ago
Sandisk Commences 10th Gen 3D Flash Production: What's Ahead?
SNDK Sandisk
FMP Stock News
Original source text
Key Takeaways Sandisk began producing 332-layer BiCS10 3D flash with Kioxia using CBA technology.SNDK says BiCS10 offers up to 59% higher bit density and interface speeds up to 4.8 Gb/s.Sandisk expects BiCS10 to improve storage density, manufacturing efficiency and NAND competitiveness. Sandisk Corporation (SNDK - Free Report) has taken another step in advancing its NAND flash technology roadmap by commencing production of its 10th-generation 3D flash memory with joint venture partner Kioxia. The new generation, known as BiCS10, is based on a 332-layer architecture and incorporates Complementary Metal Oxide Semiconductor directly Bonded to Array (CBA) technology. This is expected to improve bit density, interface speed and power efficiency compared with the prior BiCS8 generation. The development strengthens Sandisk's technology portfolio at a time when AI-driven storage requirements continue to increase across cloud and enterprise infrastructure.

The transition to BiCS10 is expected to support higher storage densities while lowering cost per bit over time. The new generation delivers up to 59% higher bit density than BiCS8 and interface speeds of up to 4.8 Gb/s. These improvements should help Sandisk address growing customer demand for higher capacity and more power-efficient NAND solutions while improving manufacturing economics as production scales. The technology is also expected to provide flexibility across SSD and embedded storage applications.

The commencement of BiCS10 production represents another step in Sandisk's long-term technology roadmap. As SNDK advances through successive NAND generations, higher layer counts and architectural improvements are expected to enhance storage density, manufacturing efficiency and cost competitiveness. These transitions are likely to play an important role in supporting future bit growth and strengthening Sandisk's position in the evolving NAND market.

While commercial shipments and customer adoption will determine the pace of financial benefits, the successful production launch reduces execution risk around Sandisk's next technology cycle. Continued progress in ramping BiCS10 into volume production and converting its performance advantages into customer wins could strengthen Sandisk's position in the increasingly competitive NAND flash market.

Sandisk Faces Intense NAND CompetitionSandisk competes with Micron Technology (MU - Free Report) and Western Digital (WDC - Free Report) in the NAND flash and storage market. Micron Technology continues to expand its own high-layer-count 3D NAND offerings targeting enterprise SSD applications, while Western Digital maintains a broader storage footprint. Both Micron Technology and Western Digital are investing in next-generation storage technologies to capture share in AI-driven infrastructure spending. The pace at which Sandisk converts BiCS10 samples into qualified designs will influence how it defends its position relative to Micron Technology and Western Digital.

SNDK’s Share Price Performance, Valuation & EstimatesSandisk shares have skyrocketed 635.1% in the year-to-date period, outperforming the broader Zacks Computer and Technology sector’s return of 14.6%.

SNDK Stock Outperforms Sector
Image Source: Zacks Investment Research

SNDK stock is trading at a forward 12-month price/sales of 5.66X compared with the Zacks Computer-Storage Devices’ 4.08X. Sandisk has a Value Score of D.

SNDK’s Valuation
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for fiscal 2026 earnings is pegged at $65.73 per share, up by 1.4% over the past 30 days. Sandisk reported earnings of $2.99 per share in fiscal 2025.

Sandisk currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-07-06 16:42 1mo ago
2026-07-06 10:07 1mo ago
Terawulf, Ceva, Western Digital And Other Big Stocks Moving Higher On Monday
WULF TeraWulf
FMP Stock News
Original source text
U.S. stocks were mixed, with the Dow Jones index falling around 100 points on Monday.

Terawulf shares jumped 15.6% to $24.49 on Monday.

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

Photo via Shutterstock

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2026-07-06 16:42 1mo ago
2026-07-06 10:28 1mo ago
TeraWulf's stock surges after a $19 billion deal with Anthropic
WULF TeraWulf
FMP Stock News
Original source text
The deal “validates” the crypto-mining company's pivot to supporting the AI buildout, its CEO said.
2026-07-06 16:42 1mo ago
2026-07-06 11:23 1mo ago
TeraWulf and IREN Just Joined Anthropic's Growing Club of Former Bitcoin Miners
WULF TeraWulf
FMP Stock News
Original source text
The common thread isn’t cryptocurrency anymore. It is access to the land, electricity and data center capacity that frontier AI companies are racing to secure.

The developments suggest Anthropic isn’t simply signing isolated infrastructure deals—it’s increasingly turning to a familiar group of companies that already own one of AI’s scarcest resources: megawatts.

Anthropic’s Latest WinnersTaken together, the announcements point to a broader pattern rather than two standalone wins.

A Club That’s Getting BiggerLong before TeraWulf and IREN grabbed headlines, Hut 8 Corp. (NASDAQ:HUT) had already secured its own role in Anthropic’s AI ambitions.

Last year, Hut 8 partnered with Anthropic and cloud provider Fluidstack to develop hyperscale AI infrastructure. The partnership marked one of the earliest examples of a publicly traded Bitcoin miner pivoting from cryptocurrency toward powering large language models.

Now, TeraWulf’s blockbuster lease and IREN’s project shortlist suggest Anthropic is expanding that playbook rather than reinventing it.

That shouldn’t come as a surprise. Bitcoin miners spent years building power-intensive operations with access to substations, transmission infrastructure and large-scale energy contracts. These assets have now become increasingly valuable as AI developers race to deploy ever-larger computing clusters.

The New AI CurrencyThe market is beginning to value those assets differently.

For years, investors judged crypto miners largely on Bitcoin prices and mining efficiency. Increasingly, however, companies with abundant power capacity are being rewarded for something entirely different: their ability to host AI workloads.

If Anthropic continues leaning on former Bitcoin miners to expand its infrastructure footprint, TeraWulf and IREN may not be the exceptions—they could be the latest members of a growing club.

For investors, that shifts the question from which miner will produce the most Bitcoin to which one owns the next gigawatt of AI-ready power.

Photo courtesy: Shutterstock

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© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.
2026-07-06 16:42 1mo ago
2026-07-06 12:16 1mo ago
TeraWulf shares surge on $19B Anthropic AI infrastructure lease deal
WULF TeraWulf
FMP Stock News
Original source text
TeraWulf (NASDAQ:WULF) shares rose 13% on Monday after the company announced a long-term artificial intelligence infrastructure lease with Anthropic alongside the sale of a majority stake in a joint venture, moves that significantly expand contracted revenue while recycling capital into new development projects.

The digital infrastructure company said it has signed a 20-year lease agreement with Anthropic for capacity at its Justified Data Campus in Hawesville, Kentucky.

The agreement is expected to generate approximately $19 billion in contracted revenue over the initial term, according to TeraWulf.

The campus is designed to support around 401 megawatts of critical IT load and will be developed in phases, with initial capacity expected to come online in the second half of 2027 and full buildout targeted for early 2028. TeraWulf said the lease is expected to be backed by investment-grade credit.

TeraWulf CEO Paul Prager said the Anthropic lease marks a “landmark partnership” that validates the company’s strategy of securing long-duration customer commitments for large-scale AI infrastructure campuses.

He said the agreement “establishes a long-duration revenue stream” and demonstrates the company’s ability to secure major AI customers while developing power-secured infrastructure at scale.

TeraWulf also announced it will sell its 50.1% ownership interest in the Abernathy Joint Venture to an investor group led by Fluidstack, its existing partner.

The transaction values TeraWulf’s investment at approximately $450 million, representing a premium to invested capital, and will allow the company to redeploy proceeds into wholly owned AI infrastructure projects.

The Abernathy joint venture, established in 2025, was developing a 168 MW AI data center campus in Texas. Following completion of the sale, Fluidstack will continue to lead development of the project.

Prager added that the Abernathy divestment allows TeraWulf to “crystallize value” from its investment while reallocating capital into projects where it retains full ownership and operational control.
2026-07-06 16:42 1mo ago
2026-07-06 12:00 1mo ago
Bronstein, Gewirtz & Grossman LLC Urges Futu Holdings Limited Investors to Act: Class Action Filed Alleging Investor Harm
FUTU Futu Holdings
FMP Stock News
Original source text
NEW YORK, July 06, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Futu Holdings Limited (NASDAQ: FUTU) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Futu securities between May 24, 2023 and May 27, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/FUTU.

Futu Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

(1)  Futu was not in compliance with the requirements of the China Securities Regulatory Commission (“CSRC”), including because Futu continued to conduct securities business, public fund sales business, and futures business in mainland China without obtaining the requisite licenses or approval;
(2)   as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; and
(3)   as a result of the foregoing, Futu’s financial results were overstated; and
(4)   as a result of the foregoing, defendants’ positive statements about Futu’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

What's Next for Futu Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/FUTU. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Futu you have until August 25, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Futu Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Futu Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

Attorney advertising.
Prior results do not guarantee similar outcomes.
2026-07-06 16:42 1mo ago
2026-07-06 12:06 1mo ago
ATTENTION: FUTU INVESTORS: Contact Berger Montague About a Futu Holdings Limited Class Action Lawsuit
FUTU Futu Holdings
FMP Stock News
Original source text
Philadelphia, Pennsylvania--(Newsfile Corp. - July 6, 2026) - National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against Futu Holdings Limited (NASDAQ: FUTU) ("Futu" or the "Company") on behalf of investors who purchased or acquired Futu securities during the period from May 24, 2023 through May 27, 2026 (the "Class Period").

Investor Deadline: Investors who purchased or acquired Futu securities during the Class Period may, no later than August 25, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.

Based in Hong Kong, Futu operates an online brokerage platform offering securities trading, wealth management products, and related financial services to investors in multiple markets.

According to the complaint, throughout the Class Period, Defendants failed to disclose that certain Futu entities allegedly conducted securities business, public fund sales business, and futures business in mainland China without obtaining the requisite licenses or approvals, subjecting Futu to significant regulatory enforcement and monetary penalties.

The truth allegedly began to emerge on May 22, 2026, when Futu disclosed that it had received a Notification Letter from the CSRC proposing approximately RMB1.85 billion (approximately US$271 million) in confiscation of alleged illegal gains and fines, as well as a proposed personal fine against the Company's founder and CEO, Li Hua. Following these disclosures, Futu's stock price declined 27.5%.

The alleged risks further materialized on May 28, 2026, when Futu announced first-quarter 2026 financial results reflecting the proposed penalties. Following this disclosure, the Company's stock price declined an additional 4.8%.

If you are a Futu investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Caitlin Adorni at [email protected] or (267) 764-4865.

About Berger Montague

Berger Montague is one of the nation's preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.

For more information or to discuss your rights, please contact:

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303930

Source: Berger Montague

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2026-07-06 16:42 1mo ago
2026-07-06 12:15 1mo ago
FUTU INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Futu Holdings Limited (FUTU) Investors of Securities Class Action Lawsuit Deadline on August 25, 2026
FUTU Futu Holdings
FMP Stock News
Original source text
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Futu To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Futu between May 24, 2023 and May 27, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - July 6, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Futu Holdings Limited("Futu" or the "Company") (NASDAQ: FUTU) and reminds investors of the August 25, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On May 22, 2026, pre-market, Futu issued a press release allegedly disclosing that it had received a notification letter from the CSRC stating that "certain Futu entities in mainland China and Hong Kong . . . without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China" and that the CSRC "proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million)." The Futu class action lawsuit further alleges that the regulatory authority "proposes to impose a personal fine of RMB1.25 million (approximately USD 183,575) on Mr. LI Hua, the founder and CEO of the Company." On this news, the price of Futu stock fell more than 27%, according to the complaint.

Then, on May 28, 2026, before the market opened, Futu issued a press release reporting financial results for the first quarter of 2026, allegedly including the proposed penalties comprised of "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD] and (ii) imposition of fines of approximately RMB1.38 billion in an aggregate amount of approximately RMB1.85 billion." On this news, the price of Futu stock declined nearly 5%, according to the complaint.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Futu's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Futu Holdings Limited class action, go to www.faruqilaw.com/FUTU or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Futu Holdings Limited Securities Class Action Lawsuit:

What is the Futu Holdings Limited securities fraud lawsuit about?

The lawsuit alleges that Futu misled investors by failing to disclose it was conducting certain securities, public fund sales, and futures businesses in mainland China without required CSRC licenses or approvals. According to the complaint, this exposed the Company to significant regulatory penalties, overstated its financial results, and made its public statements about its business and prospects materially misleading.

Who may be eligible to participate in the lawsuit?

Investors who purchased or otherwise acquired Futu Holdings Limited (NASDAQ: FUTU) securities between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), and suffered losses may be eligible to participate in the securities class action. Eligibility depends on the specific facts of each investor's transactions and losses.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff is the investor appointed by the court to represent the interests of all class members during the litigation. Generally, the investor with the largest financial interest who meets the legal requirements may be selected. Investors seeking appointment must file a motion with the court by the August 25, 2026 deadline through counsel of their choice.

What should investors do if they purchased Futu Holdings Limited stock during the Class Period?

Investors who purchased Futu securities during the Class Period should review their investment records, preserve relevant documents, and consider contacting counsel to understand their legal rights. Those interested in serving as lead plaintiff must act before the August 25, 2026 deadline, while investors who do not seek that role may still remain eligible to share in any potential recovery.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Futu Holdings Limited securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304059

Source: Faruqi & Faruqi LLP

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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2026-07-06 16:38 1mo ago
2026-07-06 11:22 1mo ago
Only 4% of SpaceX Shares Trade Right Now. By December, That Number Could Be 40%.
SPCX SpaceX
FMP Stock News
Original source text
Space Exploration Technologies (SPCX 0.06%), also known as SpaceX, had the biggest initial public offering (IPO) ever last month, raising more than $86 billion. But the company is worth $2.1 trillion today, which means only 4% of the stock is currently trading on the market.

Let's check out what that means, why it's soon going to change, and how much SpaceX stock will be on the market before the year is up.

Image source: Getty Images.

Insiders and outsiders Any stock's total value includes shares available for trading on the open market as well as shares held by company insiders. When people talk about someone's "net worth," much of it is often tied up in company stock. SpaceX founder Elon Musk, for example, has a net worth of just under $1 trillion right now. That fluctuates depending on the price of SpaceX stock, since he owns a lot of it and, with class B shares, has more than 80% voting rights. Under the company's lockup rules, he can't sell any stock for 366 days after the IPO, so even if he does sell, it won't be until next June.

The remaining stock after the 4% on the market and Musk's shares is locked up with SpaceX insiders, and there's a staggered lockup period before they can sell their stock.

The first period ends the day after the second-quarter earnings release, which is likely to be sometime at the end of July or early August for the period ended June 30. Up to 20% of shares can be sold at that point, or 911 million shares. Another unusual rule is that if the stock is trading at a 30% premium to the IPO for five out of 10 trading days after the release, 458 million shares can be sold.

After that, there are various lockup periods from the 70th day post-IPO through the 366th day, and by December, about 180 days in, most of the lockup shares can be sold. What's left are Musk's shares and those of other insiders, who are subject to an "extended lockup."

The total insider shares that can be sold by day 180 are about 4.7 billion, which, at today's prices, accounts for about 36% of the total company value.

The purpose of any lockup period is to stabilize the stock after its IPO. The reason, presumably, for the staggered lockup periods here is the high volatility associated with the massive IPO and valuation. If it went from 4% to 40% in a day, it could wreak havoc on the market.

Today's Change

(

-0.06

%) $

-0.09

Current Price

$

161.91

The 36% of shares eligible for sale by day 180 won't all be sold, so it's unlikely to zoom from 4% to 40% in six months. However, the increase in shares could still send the price down as the law of supply and demand still holds true.

In any IPO, it's prudent to wait until after the lockup period to invest, and with SpaceX, it might be even more important.
2026-07-06 16:38 1mo ago
2026-07-06 12:10 1mo ago
Doug Casey Calls AI a Super Bubble, Bets on Energy, Gold Miners and Grains
SPCX SpaceX
FMP Stock News
Original source text
AI bubble fears keep resurfacing, and depending on who you ask, the story is either just getting started or already cracking at the edges. Doug Casey, founder of International Man and a self-described technophile who has invested across more than 50 years and 155 countries, falls firmly in the second camp. He thinks the AI trade isn't just a bubble. He thinks it's a historic mania, and he's putting his money in three places most investors aren't looking: energy, mining, and farm commodities.

Casey doesn't dispute that artificial intelligence will reshape the world. What he disputes is whether the companies building it out right now have any real path to earning money from it. That's the tension running through his entire pitch.

Get Ecopetrol alerts:

A Super Bubble, Not Just a BubbleCasey's read on the market is blunt. He believes today's AI spending could eventually be compared to historical manias like the Mississippi Bubble or the South Sea Bubble, and possibly dwarf the 1929 stock market crash. Margin debt has surged roughly 50% over the past year, by his estimate, and he sees retail investors pouring money into companies with little revenue and no earnings.

He uses SpaceX NASDAQ: SPCX as his case study. Casey's concern—that most of the capital Elon Musk has raised is flowing into data centers and AI rather than the core rocket business—is now playing out in public markets. SpaceX completed its IPO in June and carries a market cap above $2 trillion, even as it posts steep GAAP losses tied to its AI and infrastructure buildout.

His broader point: a company can be technologically dazzling and still be a poor investment if the price already assumes a future that hasn't arrived.

That skepticism extends to the picks-and-shovels trade as well. Memory chips, cooling systems, and power suppliers feeding the data center boom do generate real earnings today. But Casey calls the whole setup a daisy chain. If the data center buildout gets recognized as a massive misallocation of capital, he expects the suppliers to get pulled down with it.

Why Energy Still Looks CheapThe first place he'd put money has nothing to do with AI: Old-fashioned energy—and not just oil and gas. He's also positioned in uranium and coal, which he considers the unglamorous fuel sources that will keep the lights on regardless of what happens to the AI trade.

Energy stocks made up about 20% of the S&P 500 back in 1980. Today, that figure has shrunk to roughly 4%, even as oil and gas remain just as critical to the global economy. With West Texas Intermediate crude trading around $70 a barrel, Casey sees a sector the market has simply stopped paying attention to.

Ecopetrol Today

EC

Ecopetrol

$14.59 -0.11 (-0.75%)

As of 12:37 PM Eastern

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

52-Week Range$8.27▼

$17.75Dividend Yield4.46%

P/E Ratio11.40

Price Target$13.14

He's looking outside the U.S. for the best entry points. He favors Ecopetrol NYSE: EC, Colombia's national oil company, and Petroleo Brasileiro S.A. - Petrobras NYSE: PBR, Brazil's equivalent, both of which offer high single-digit dividend yields.

He also likes Meren Energy TSE: MER, a smaller offshore African oil producer with a roughly $1 billion market cap and a similar payout, plus unexplored concessions he believes give it real upside beyond current oil prices. For investors wary of emerging-market exposure, he notes Alberta, Canada, is home to small oil and gas names yielding 5% to 7%.

On power, Casey is unambiguous. Nuclear, in his view, is the safest, cheapest, and cleanest form of mass power generation, and coal works in the near term as well. His core argument: even if the AI trade collapses, the demand for electricity that AI created isn't going away.

Nuclear stocks were the hottest trade in the market as recently as late 2024. The fact that nearly every name in the sector has since sold off is precisely what makes the entry point interesting to him.

The Case for Small-Cap Gold MinersMining is an industry he calls a terrible business, but one he's owned stocks in for most of his investing life. With gold trading near $4,000 an ounce, he isn't buying the metal itself as a speculation. What he sees as undervalued are the companies that mine it.

The math is what excites him. Industry-wide, the all-in sustaining cost of producing an ounce of gold runs around $1,700. With gold prices roughly double that figure, miners are generating real margin for the first time in years, yet mining stocks represent only about 2% of the S&P 500. Casey expects that gap to close and sees potential for tenfold returns across the sector, with some smaller names capable of going much further.

These are mostly nanocap companies, often run by founding entrepreneurs, and they're prone to volatility, fraud, and outright failure—Casey references Mark Twain's famous line about a gold mine being a hole in the ground with a liar at the entrance.

He won't name specific stocks publicly, given how thinly traded they are. What he will share is his screening framework: a set of nine criteria he calls the Nine Ps, covering factors like management track record, geological quality, access to capital, and jurisdictional stability. His point is that volatility and risk aren't the same thing, and at current prices, he believes the odds tilt toward investors who do their homework.

Corn, Soybeans, and a Fertilizer ShortageThe third area doesn't involve stocks at all. Agricultural commodities—specifically corn, soybeans, wheat, and rice—supply roughly 60% of the calories consumed worldwide, and right now, prices for all of them are sitting at or below breakeven for farmers. A cyclical commodity bull market, in his view, is setting up from those depressed levels.

Teucrium Corn Fund Today

CORN

Teucrium Corn Fund

$17.35 +0.49 (+2.91%)

As of 12:36 PM Eastern

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

52-Week Range$16.36▼

$19.13Dividend Yield0.00%

Assets Under Management$173.43 million

A looming fertilizer shortage adds urgency to his case. Disruptions in the Strait of Hormuz have cut off significant flows of sulfur and urea, both byproducts of natural gas and critical inputs for crop production.

He expects food prices to rise over the next several years regardless of what happens to AI stocks.

For most investors, he recommends commodity ETFs over futures contracts. He specifically points to the Teucrium Corn Fund NYSEARCA: CORN, noting that similar vehicles exist for wheat and soybeans.

The reasoning circles back to his opening: dollars are losing value, bonds carry interest rate, credit, and currency risk all at once, and tech stocks are priced for a future that may not arrive on schedule. Raw materials, in his view, are where safety and upside happen to overlap right now.

The Contrarian CaseThe AI story isn't going away—Casey freely acknowledges that. But he'd argue that's different from saying the stocks are worth owning at any price. Keep an eye on energy dividends and grain prices. Those are the signals he's watching.

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

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While Ecopetrol currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

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Get This Free Report
2026-07-06 16:37 1mo ago
2026-07-06 12:01 1mo ago
What Would Steve Jobs Do Today?
AAPL Apple
FMP Stock News
Original source text
Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
2026-07-06 16:37 1mo ago
2026-07-06 12:21 1mo ago
Apple brings back card payments for Apple Account purchases in India after a four-year hiatus
AAPL Apple
FMP Stock News
Original source text
Apple has begun restoring card payments for Apple Account purchases in India more than four years after withdrawing the option, the latest sign of how the iPhone maker is adapting its services to regulatory changes that have reshaped the country’s digital payments landscape.

The change, which is rolling out in phases, allows users in India to add eligible Visa and Mastercard credit and debit cards to their Apple Account to pay for subscriptions such as iCloud+ and Apple Music, as well as App Store purchases.

In May 2022, Apple suspended card payments in India following changes to the country’s recurring payments framework. Since then, users have relied on UPI, India’s real-time payments network, net banking, and Apple Account balance for subscriptions and other Apple digital purchases.

The move illustrates a broader challenge for Apple as governments around the world impose country-specific rules on digital platforms, increasingly requiring the Cupertino company to tailor products, payments, and other services to local regulatory frameworks rather than offer a uniform global experience. Similar pressures have led Apple to revise parts of its App Store business in Europe, while regulatory changes in Japan and South Korea have also reshaped aspects of app distribution and payments.

Apple has made the backend changes needed to support card payments under India’s regulatory framework, according to a person familiar with the matter. The phased rollout began recently and is expected to expand to all eligible users over time. Apple has also updated its support documentation to reflect the change.

The framework, introduced by the Reserve Bank of India in 2021 and implemented in stages, required merchants and payment providers to introduce stronger customer authentication for recurring card payments and adopt tokenized card credentials, while preventing merchants from storing customers’ card details. The transition disrupted subscription billing for many domestic and international companies before they updated their payment systems.

“It’s long overdue but happening finally. This solves one of the friction points for subscription renewals,” said Tarun Pathak, research director at Counterpoint Research.

Apple’s services business in India has continued to grow at a double-digit pace despite the lack of direct card payments, but restoring the option becomes increasingly important as the company’s installed base expands and more users expect multiple ways to pay, he told TechCrunch.

The restoration of card payments is also likely to rekindle speculation about Apple Pay in India, following media reports that the company has explored bringing the service to the country. Apple has not announced any plans to launch the mobile payments service in India.

Apple did not respond to a request for comments.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

Jagmeet covers startups, tech policy-related updates, and all other major tech-centric developments from India for TechCrunch. He previously worked as a principal correspondent at NDTV.

You can contact or verify outreach from Jagmeet by emailing [email protected].
2026-07-06 16:37 1mo ago
2026-07-06 09:59 1mo ago
What's Driving SharonAI Stock as Traders Monitor Meta Compute Initiative?
FB Meta Platforms
FMP Stock News
Original source text
SharonAI Holdings shares are showing limited movement. What’s the outlook for SHAZ shares? What Is the Catalyst for SharonAI Holdings?The move comes after a Bloomberg report last week said Meta Platforms is developing a "Meta Compute" initiative that could sell access to AI models hosted on Meta infrastructure and also sell raw compute capacity to outside customers.

For SharonAI, positioned as an AI infrastructure/neocloud provider, the worry is that a hyperscaler monetizing excess capacity could make GPU compute feel less scarce and pressure pricing.

SharonAI’s sensitivity here is amplified by its growth posture, with the company recently highlighting a $1.6 billion financing tied to AI factory expansion across Australia and Asia-Pacific, raising the stakes on maintaining premium pricing.

Traders are also watching how quickly Meta could move from internal infrastructure to selling to outside customers, which would directly reset scarcity assumptions for smaller neoclouds.

Critical Price Levels To Watch for SHAZEven with the premarket pop, the stock is trading 4.1% below its 20-day SMA ($76.16), which keeps the near-term trend in "prove it" mode after a recent swing high in June. At the same time, it’s still 14.1% above the 50-day SMA ($64.00) and 48.3% above the 100-day SMA ($49.22), so the bigger-picture uptrend from the spring low is still intact.

RSI is the cleaner momentum read right now: at 45.25, it’s neutral, which fits a market that’s digesting June’s breakout and recent pullback rather than trending aggressively. RSI measures how stretched a move is, and this level suggests SHAZ isn’t extended—meaning the next push likely depends more on news flow and follow-through than on "overbought" pressure.

The bullish 20-day SMA-over-50-day SMA crossover supports the idea that dips have been getting bought on a multi-week view, but the stock still has to reclaim its short-term averages to turn that into a cleaner continuation setup. On levels, $87.00 stands out as the nearby ceiling—both a round-number area and a spot where rebounds can stall if buyers don’t show sustained demand.

Key Resistance: $87.00 — a nearby round-number area where rebounds can stall What Is SharonAI Holdings and Its Business Model?SharonAI Holdings is a neocloud operator built for AI and high-performance computing, selling GPU/CPU compute infrastructure for training and inference workloads. Its offerings span Sovereign AI Australia, GPU-as-a-Service, SHARON AI Cloud and Private Cloud, plus virtual private clusters and HPC servers.

SHAZ Stock Price MovementSHAZ Stock Price Activity: SharonAI Holdings shares were up 17.21% at $79.60 Monday morning according to Benzinga Pro data.

Image: Shutterstock

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2026-07-06 16:37 1mo ago
2026-07-06 10:30 1mo ago
Nebius: Meta Anxiety Gift
FB Meta Platforms
FMP Stock News
Original source text
Nebius Group N.V. remains an ultra-bullish AI cloud play despite market fears of overbuild following Meta's potential entry into compute capacity sales. Recent GPU price hikes and high-value SpaceX compute deals indicate robust AI demand, supporting future price increases for NBIS's capacity. NBIS's five-year, up to $27 billion deal with Meta, plus the potential for further excess compute sales, positions the company for significant revenue upside.
2026-07-06 16:37 1mo ago
2026-07-06 11:28 1mo ago
CoreWeave Stock Is Climbing After Meta Competition Selloff: What's Driving the Action?
FB Meta Platforms
FMP Stock News
Original source text
CoreWeave stock is charging ahead with explosive momentum. What’s behind CRWV gains? The recent sell-off was tied to chatter that Meta Platforms is exploring an expansion into AI computing services, which raised concerns it could become a new competitor in the "neocloud" market. Rosenblatt reiterated a Buy rating and kept a $250.00 price forecast, arguing demand checks for GPU capacity show no change and that shortages remain common.

Rosenblatt also argued Meta likely can’t resell capacity it has leased from CoreWeave through 2032, a key detail bulls are using to frame the competitive risk as more narrative than near-term revenue hit.

CoreWeave Stock: Key Levels To WatchEven after Monday’s pop, the longer-term trend is still heavy: the stock is down 46.41% over the past 12 months and is trading well below its major moving averages (about 15% under the 20-day SMA and about 21% under the 50-day SMA). That "below all the averages" setup usually means rallies can turn into selling opportunities unless price can reclaim those trend lines.

Momentum also argues for caution: MACD is below its signal line and the histogram is negative, which suggests upside pressure is fading rather than building. In plain terms, MACD compares faster and slower trend momentum, and being below the signal line typically means the recent bounce hasn’t flipped the momentum backdrop yet.

Key Resistance: $88.50 — a nearby ceiling where rebounds can stall, sitting just above current price and acting like a near-term pivot zone Key Support: $70.50 — a downside level near the lower end of the 52-week range where buyers previously showed up Structurally, the chart is sending mixed messages: the 20-day SMA is below the 50-day SMA (bearish), but the 50-day SMA is still above the 200-day SMA after the golden cross in May. The problem is follow-through—shares have since slipped back under both averages, which has muted the bullish read from that May crossover.

What Is CoreWeave’s 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.

That’s why the Meta competition narrative matters: if hyperscalers or mega-cap platforms try to monetize excess compute, investors immediately question pricing power and customer stickiness for specialized GPU cloud providers. Bulls are leaning on the idea that GPU capacity is still tight and that existing contracts and access to hardware remain key differentiators.

CoreWeave Stock Price Movement on MondayCRWV Stock Price Activity: CoreWeave shares were up 4.93% at $85.78 at the time of publication on Monday, according to Benzinga Pro data.

Image: Shutterstock

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2026-07-06 16:37 1mo ago
2026-07-06 10:33 1mo ago
Tesla stock up 3% today after Thursday's selloff: what's behind the rebound?
TSLA Tesla
FMP Stock News
Original source text
Tesla stock TSLA rose on Monday, recovering some of last week's sharp losses after investors sold the stock despite a stronger-than-expected second-quarter delivery report.

The rebound came as the electric-vehicle maker expanded its robotaxi service to Miami, adding another city to its autonomous ride-hailing network.

Shares of Tesla climbed about 3% to $405.11 in early trading.

The move was also supported by broader market optimism, with the S&P 500 up 0.6% and the Nasdaq climbing around 1%.

The stock gained after Tesla announced that its robotaxi service became available in Miami from July 3, extending the company's autonomous ride-hailing footprint beyond Texas.

The expansion makes Florida the third state where Tesla's robotaxi operations are available.

The company launched its robotaxi service in Austin about a year ago and has since expanded to additional Texas cities. Tesla also operates a rideshare service in San Francisco.

The rollout forms part of Chief Executive Officer Elon Musk's broader strategy to position artificial intelligence, autonomous driving, and robotics as Tesla's next major growth engines.

Investors have closely watched the pace of Tesla's robotaxi expansion, although the rollout has remained gradual as the company prioritizes safety.

Tesla has said it does not expect robotaxis to become a meaningful contributor to revenue and earnings until at least 2027.

Sentiment has also improved following Tesla's second-quarter delivery report, which exceeded Wall Street expectations.

Tesla reported 480,126 global vehicle deliveries during the quarter, representing a 25% increase from a year earlier.

The company also reported that energy deployments rose 41%, extending the momentum of a business that has grown rapidly even as vehicle demand has fluctuated.

The second-quarter performance followed a 6.3% year-over-year increase in deliveries during the first quarter.

Gary Black, managing director of The Future Fund, said in a post on X that he expects Tesla shares to recover further as analysts revise their earnings forecasts.

"I expect TSLA stock to rebound this week as the sell-side climbs over one another to increase 2Q and FY'26 earnings ests," Black said, adding that higher earnings projections "could boost TSLA price targets."

Black nevertheless argued that Tesla's valuation remains demanding.

He said the stock trades at a 2026 price-to-earnings multiple of more than 200 times despite expected long-term earnings-per-share growth of roughly 35% between 2027 and 2032.

According to Black, that "continues to suggest TSLA is fully priced."

He also suggested that higher gasoline prices during the quarter may have contributed more to stronger vehicle demand than growing enthusiasm around autonomous driving.

Analysts maintain constructive outlookMorgan Stanley analyst Andrew Percoco said Tesla's second-quarter deliveries exceeded sell-side consensus estimates by 18% and represented the company's strongest vehicle growth since the third quarter of 2023.

The firm maintained its Equal Weight rating and a $415 price target.

Separately, Baird reiterated its Outperform rating and $522 price target after Tesla's second-quarter results surpassed both the firm's own forecasts and broader consensus expectations.

Baird also highlighted Tesla's energy storage business, noting that deployments reached 13.5 gigawatt-hours during the quarter, up approximately 41% year over year.

While acknowledging that energy deployments can be uneven from quarter to quarter, the firm described the results as a positive development and said its constructive outlook on Tesla remains unchanged.

Tesla is scheduled to report its full second-quarter financial results after the market closes on July 22.
2026-07-06 16:37 1mo ago
2026-07-06 10:55 1mo ago
Tesla: Even The Bull Case Doesn't Justify This Absurd Valuation
TSLA Tesla
FMP Stock News
Original source text
Tesla, Inc. has shown strong operational improvements, with Q1 2026 revenue up 15.8% and margins expanding across key metrics. TSLA's vehicle deliveries and market share have rebounded, especially in Europe, despite prior setbacks from CEO controversies. Valuation remains extreme; even with optimistic growth and higher-margin businesses, TSLA trades at a 2030 P/E of 114.5 under favorable scenarios.
2026-07-06 16:37 1mo ago
2026-07-06 11:51 1mo ago
Can Tesla Meet Musk's 2026 Unsupervised Robotaxi Target?
TSLA Tesla
FMP Stock News
Original source text
Key Takeaways Tesla expanded robotaxi services to Miami, FL, the third U.S. state after Texas and California.Austin, Dallas, Houston and Miami now use fully autonomous Model Y Robotaxis with no safety monitors.Musk sees wider unsupervised autonomy in late 2026, but Tesla's past delays keep the certainty in question. Tesla (TSLA - Free Report) is moving steadily toward CEO Elon Musk's vision of turning the company into an artificial intelligence and autonomous mobility leader, with its robotaxi business being at the center of that strategy. The latest milestone came with the launch of robotaxi services in Miami, FL. Florida is the third U.S. state where Tesla's autonomous ride-hailing platform is operating after Texas and California.

The Florida expansion is significant. Miami gives Tesla access to one of the country's busiest transportation and tourism markets. The broader South Florida region, including Fort Lauderdale, Palm Beach and Boynton Beach, attracts millions of visitors each year, allowing Tesla to introduce its robotaxi service to a much larger pool of potential riders.

TSLA Robotaxi Footprint ExpansionTesla's robotaxi journey began on June 22, 2025, when it launched limited commercial operations in Austin, TX. A month later, the company entered California by rolling out services across the San Francisco Bay Area, including San Francisco, San Jose and Berkeley. While the California service still relies on human safety monitors, it marked Tesla's first expansion beyond Texas.

By November 2025, Tesla had transitioned Austin to full commercial operations, strengthening its presence in its first launch market. The expansion accelerated in 2026 as Dallas and Houston joined the network in April, extending Robotaxi coverage across Texas. The latest addition of Miami now gives Tesla operations in three states, with active markets including Austin, Dallas, Houston, the San Francisco Bay Area and Miami.

Austin, Dallas, Houston and Miami feature fully autonomous Model Y Robotaxis with no driver or safety monitor inside the vehicle. Meanwhile, the Bay Area continues to use safety monitors during rides.

Is Tesla on Track for Musk's 2026 Goal?On Tesla's last earnings call, Musk said he expects fully autonomous vehicles that require no human safety monitors to become much more common across the United States during the second half of 2026.

The recent expansion in Miami marks measurable progress toward that target. Each successful launch provides additional real-world driving data, helping Tesla refine its autonomous driving software while demonstrating growing confidence in the technology.

Still, the race is becoming increasingly competitive. Rivals are rapidly expanding their own autonomous ride-hailing networks, with Alphabet's (GOOGL - Free Report) Waymo and Amazon's (AMZN - Free Report) -owned Zoox both investing heavily to secure a larger share of the emerging market. Waymo remains the clear industry leader, providing roughly 500,000 paid rides each week and operating commercially across 10 U.S. cities. The company is also preparing to expand internationally, with London and Tokyo being its first target markets. Meanwhile, Zoox is accelerating its own rollout, adding Dallas and Phoenix to its robotaxi testing program as it works toward commercial deployment.

For Tesla, the latest expansion shows the Robotaxi business is gaining traction. The company is widening its network while increasing the number of markets where vehicles operate without human supervision, representing meaningful progress toward Musk's long-term vision.

However, Tesla has repeatedly missed self-driving timelines in the past, making it too early to conclude that its broader goal of widespread unsupervised Robotaxis by the second half of 2026 is firmly within reach. The coming months will be critical in determining whether the company can maintain its expansion pace while satisfying regulators and proving the technology can safely scale.

Tesla’s Price Performance, Valuation and EstimatesTesla has underperformed the industry year to date.

Image Source: Zacks Investment Research

From a valuation perspective, Tesla appears significantly overvalued.

Image Source: Zacks Investment Research

See how the Zacks Consensus Estimate for Tesla’s EPS has been revised over the past 90 days.

Image Source: Zacks Investment Research

TSLA carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. 
2026-07-06 16:37 1mo ago
2026-07-06 12:11 1mo ago
Rivian, Tesla and the 'Holly Index': How to trade the new EV Main Street battle
TSLA Tesla
FMP Stock News
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The EV landscape in the United States may be on the verge of a regime change.

Tesla sales and production numbers, reported Thursday, July 2nd, were very strong. The company reported producing 451,758 vehicles and delivering 480,126 vehicles - 18% higher than the consensus estimate of 406,600 deliveries.

Despite this, the stock did not perform particularly well. $1.5 trillion is a demanding valuation, approximately 15x trailing 12-month sales.

Meanwhile, much smaller EV competitor Rivian recently launched a mid-market SUV, the R2, targeting the most competitive segment currently led by the Tesla Model Y. How much smaller is Rivian? Tesla's market capitalization is, as I write this, $1.48 trillion. Rivian's market capitalization is $23.5 billion. Tesla sold nearly 1.64 million cars in 2025. Rivian sold just 42,247.

Tesla, YTD

But here's the thing: 96.9% of the cars Tesla sold last year were Model 3/Y. The Model S, X, and Cybertruck combined made up just 3.1%. Why does this matter? Because until now Rivian only competed with those expensive vehicles with their $100k+ R1S (roughly comparable to the Model X in price) and the R1T, which, in turn, as a pickup, comes closest in terms of target market to the divisively styled Cybertruck. Until now, Rivian only offered two very large and very expensive models. Now they have a vehicle aimed squarely at the largest market segment, mid-market SUVs, which, in EVs, has been dominated by the Tesla Model Y.

Holly IndexMy own grassroots consumer behavior analysis is summarized in what I call the "Holly Index." For years, my wife Holly's purchasing choices have served as a leading indicator for consumer discretionary spending trends. For example, for a long time, Lululemon, Starbucks, Costco, Apple, Nike and Tesla ranked highly, but several of these companies fell off the "Holly Index." By Christmas 2023, Lulu was replaced by Vuori (not publicly traded), Nike by ON Holding, and Starbucks by Equator and Blue Bottle. Costco remains, although more purchases are coming from Whole Foods now that their prices have come down after the company was acquired by Amazon, and Amazon returns could be dropped off there.

Apple remains on the list, but now, the most notable shift yet: after driving two consecutive Teslas, she just placed a reservation for a Rivian R2 for year-end delivery. I was not in the market for a vehicle myself, but it is tempting and appears well-positioned to compete not just with mid-sized electric SUVs but also with traditional mid-size ICE SUVs (which is what I drive).

When Tesla released its consensus-beating sales and delivery figures on Thursday, July 2nd, the stock fell notably. When a stock sells off on objectively good news, it signals that the good news is fully priced in. At these lofty valuations, it is difficult to identify the next catalyst that could structurally drive shares higher.

While the near-term trend favors Rivian, we must remain clear-eyed about its fundamental realities. Rivian is not yet profitable and is unlikely to achieve net profitability before 2030. The company currently holds roughly $4.8 billion in cash on hand, according to its most recent quarterly report. However, consensus street expectations indicate that Rivian will burn through approximately $9 billion before turning cash-flow positive. This suggests that a dilutive secondary or debt issuance is inevitable over the medium term. Because of this structural overhang, we want to express a modestly bullish stance via premium collection rather than chasing the stock following a nearly 45% rally from the mid-May lows. 

Rivian, YTD

To capture this divergence, we are deploying two high-probability option structures:

RIVN August 21st 16 Puts - Sell to Open @ $0.85/contract (5.3% yield-to-strike over less than 2 months, worst case own the stock at $15.15/share, a nearly 19% discount to the closing price on Thursday, July 2nd.) 

TSLA July 31st 420/425 Call Spread, Sell to Open @ $1.35/credit.  Modestly bearish, this vertical call spread provides a defined-risk mechanism to harvest premium as Tesla consolidates or drifts lower, maximizing profit if the stock remains below $420 through the July expiration.
2026-07-06 16:37 1mo ago
2026-07-06 12:13 1mo ago
Rivian vs Tesla: Which EV Stock Is the Better Buy Right Now?
TSLA Tesla
FMP Stock News
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Did you know that the global electric vehicle (EV) market is estimated to be worth more than $1 trillion this year? That's according to projections from analysts and Fortune Business Insights. And despite the massive size of the market, they expect it will still more than double and be worth close to $2.2 trillion by 2034, which translates into a compounded annual growth rate of just under 10% over that stretch.

Two popular stocks that could benefit from these opportunities are Tesla (TSLA +5.75%), which is already a beast with a massive valuation, and Rivian Automotive (RIVN +6.12%), which recently launched a new, more affordable EV that it hopes will allow it to capture more market share.

Which EV stock is the better long-term buy?

Image source: Getty Images.

The case for Tesla Over the years, Tesla has built up a strong brand in the EV market. Its name has become synonymous with EVs and, of course, its CEO, Elon Musk. The company has been facing headwinds due to growing competition, and thus its margins have been shrinking. However, it has an advantage over other smaller EV makers in that its operations are already profitable.

While its profits may be shrinking, many competitors would simply love to just be profitable. Last year, Tesla reported $3.8 billion in profit on revenue of just under $95 billion. Meanwhile, its vehicles remain in high demand, with Tesla reporting that for the second quarter, it made 480,126 deliveries, eclipsing analyst expectations of less than 407,000 by a wide margin.

Today's Change

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416.08

Tesla's stock is down 9% this year, but with the company's CEO always focused on growth and the next phase of innovation, including robotics, Tesla can be one of the most exciting growth stocks to own over the long run. Although there have been bumps along the way, it has generated fantastic returns for long-term investors.

The case for Rivian At around just $27 billion in market cap, Rivian is a far smaller company than Tesla, which is worth close to $1.6 trillion. Thus, there can be much more significant upside for investors here if the company proves there is strong demand for its vehicles.

In the second quarter, Rivian delivered 12,194 vehicles, which was higher than analyst projections of 11,000. But this number could be far higher in future quarters with its new, more modestly priced R2 SUV now available and early demand exceeding expectations. The company has raised its full-year delivery expectations, now projecting between 65,000 and 70,000 deliveries, up from the 62,000 to 67,000 it previously expected.

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19.77

Last year, the company's revenue grew by more than 8% to $5.4 billion, and it reduced its net loss significantly, from $4.7 billion in the previous year to $3.6 billion. While it's still a sizable loss, the company is showing signs of progress. More importantly, from a cash flow perspective, it used up significantly less cash from its day-to-day operating activities: $779 million versus $1.7 billion a year ago.

It's a long road ahead for the company, but if it succeeds and is able to grow while becoming profitable, the gains for the stock could be significant.

There is a risk with both of these stocks. Tesla is trading at an extremely high valuation, while Rivian's lack of profitability and positive cash flow are big concerns as well. However, Tesla is ultimately the safer stock to own due to its stronger financials. Rivian has a considerably more challenging road ahead as its gross margin was just 9% last year, and with it offering a lower-priced R2 model, it may be even more challenging for it to improve its margins in the near future.

Tesla is the better buy when compared to Rivian, but it may still be too risky for many investors.