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2026-07-02 14:10 1mo ago
2026-07-02 09:56 1mo ago
These 2 Transportation Stocks Could Beat Earnings: Why They Should Be on Your Radar
UNP Union Pacific
FMP Stock News
Original source text
Earnings are arguably the most important single number on a company's quarterly financial report. Wall Street clearly dives into all of the other metrics and management's input, but the EPS figure helps cut through all the noise.

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

The ability to identify stocks that are likely to top quarterly earnings expectations can be profitable, but it's no simple task. Here at Zacks, our Earnings ESP filter helps make things easier.

The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP, or Expected Surprise Prediction, aims to find earnings surprises by focusing on the most recent analyst revisions. The basic premise is that if an analyst reevaluates their earnings estimate ahead of an earnings release, it means they likely have new information that could possibly be more accurate.

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

In fact, when we combined a Zacks Rank #3 (Hold) or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time. Perhaps most importantly, using these parameters has helped produce 28.3% annual returns on average, according to our 10 year backtest.

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

Should You Consider Delta Air Lines?The final step today is to look at a stock that meets our ESP qualifications. Delta Air Lines (DAL - Free Report) earns a #3 (Hold) eight days from its next quarterly earnings release on July 10, 2026, and its Most Accurate Estimate comes in at $1.45 a share.

By taking the percentage difference between the $1.45 Most Accurate Estimate and the $1.44 Zacks Consensus Estimate, Delta Air Lines has an Earnings ESP of +0.56%. Investors should also know that DAL is one of a large group of stocks with positive ESPs. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

DAL is part of a big group of Transportation stocks that boast a positive ESP, and investors may want to take a look at Union Pacific (UNP - Free Report) as well.

Union Pacific is a Zacks Rank #2 (Buy) stock, and is getting ready to report earnings on July 23, 2026. UNP's Most Accurate Estimate sits at $3.21 a share 21 days from its next earnings release.

For Union Pacific, the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of $3.14 is +2.09%.

DAL and UNP's positive ESP metrics may signal that a positive earnings surprise for both stocks is on the horizon.

Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
2026-07-02 14:09 1mo ago
2026-07-02 09:56 1mo ago
Why Investors Need to Take Advantage of These 2 Finance Stocks Now
MS Morgan Stanley
FMP Stock News
Original source text
Earnings are arguably the most important single number on a company's quarterly financial report. Wall Street clearly dives into all of the other metrics and management's input, but the EPS figure helps cut through all the noise.

We know earnings results are vital, but how a company performs compared to bottom line expectations can be even more important when it comes to stock prices, especially in the near-term. This means that investors might want to take advantage of these earnings surprises.

Hunting for 'earnings whispers' or companies poised to beat their quarterly earnings estimates is a somewhat common practice. But that doesn't make it easy. One way that has been proven to work is by using the Zacks Earnings ESP tool.

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

With this in mind, the Expected Surprise Prediction compares the Most Accurate Estimate (being the most recent) against the overall Zacks Consensus Estimate. The percentage difference provides the ESP figure. The system also utilizes our core Zacks Rank to provide a stronger system for identifying stocks that might beat their next quarterly earnings estimate and possibly see the stock price climb.

Bringing together a positive earnings ESP alongside a Zacks Rank #3 (Hold) or better has helped stocks report a positive earnings surprise 70% of the time. Furthermore, by using these parameters, investors have seen 28.3% annual returns on average, according to our 10 year backtest.

Stocks with a #3 (Hold) ranking, which is most stocks covered at 60%, are expected to perform in-line with the broader market. But stocks that fall into the #2 (Buy) and #1 (Strong Buy) ranking, or the top 15% and top 5% of stocks, respectively, should outperform the market. Strong Buy stocks should outperform more than any other rank.

Should You Consider Morgan Stanley?The last thing we will do today, now that we have a grasp on the ESP and how powerful of a tool it can be, is to quickly look at a qualifying stock. Morgan Stanley (MS - Free Report) holds a #3 (Hold) at the moment and its Most Accurate Estimate comes in at $2.84 a share 13 days away from its upcoming earnings release on July 15, 2026.

By taking the percentage difference between the $2.84 Most Accurate Estimate and the $2.78 Zacks Consensus Estimate, Morgan Stanley has an Earnings ESP of +2.30%. Investors should also know that MS is one of a large group of stocks with positive ESPs. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

MS is just one of a large group of Finance stocks with a positive ESP figure. American Express (AXP - Free Report) is another qualifying stock you may want to consider.

Slated to report earnings on July 24, 2026, American Express holds a #3 (Hold) ranking on the Zacks Rank, and its Most Accurate Estimate is $4.40 a share 22 days from its next quarterly update.

American Express' Earnings ESP figure currently stands at +0.15% after taking the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of $4.39.

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

Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
2026-07-02 14:09 1mo ago
2026-07-02 09:56 1mo ago
Lockheed Martin: A Great Entry Point In The Defence Industry (Rating Upgrade)
LMT Lockheed Martin
FMP Stock News
Original source text
3.41K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of LMT 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.
2026-07-02 14:09 1mo ago
2026-07-02 09:16 1mo ago
These Experts See 'Screaming Buys' in AI Stocks After a Recent Pullback
AVGO Broadcom
FMP Stock News
Original source text
Key Takeaways Nvidia, Broadcom, and other AI chip leaders have seen their stocks pull back from their highs in recent weeks, while investors have piled into memory stocks.Analysts at Citi and other firms suggested that could mean an opportunity for investors to snap up the stocks at a discount. Get personalized, AI-powered answers built on 27+ years of trusted expertise.

AI chip stocks have pulled back from recent highs. Some Wall Street analysts are saying buy the dip.

Not all chip shares have suffered lately. Investors have piled into memory maker Micron Technology (MU) with gusto in recent weeks, sending its stock to record highs last week. But other leading AI-related semiconductor stocks haven't felt the same love: Shares of Nvidia (NVDA), which dropped about 1% Wednesday, have slipped 16% from their highs in May, while custom AI chipmaker Broadcom (AVGO) is 25% off its early June record.

That could leave them primed for a rebound, according to some experts.

Why This Matters to Investors A pullback in some corners of the semiconductor sector in recent weeks may have created an opportunity to snap up some top AI names at a discount, according to Wall Street analysts.

"Some of our favorites, even tech companies that we don't formally cover, are screaming buys," Freedom Capital Markets's Paul Meeks said in a note Wednesday. He pointed to Nvidia as a prime example: Meeks believes "skeptics have exaggerated the threats" to its AI chip franchise, and investors' reluctance to reward Nvidia for strong growth in its fundamentals "ain't right."

Jefferies and JPMorgan analysts recently told clients they would buy the dip in Broadcom, anticipating strong AI-driven demand will lead its shares to new highs in the next 12 months.

Analysts at Citi, who've said they view the recent pullback as "healthy," highlighted Nvidia and Broadcom as top picks in the semiconductor sector in a note Monday. They also highlighted Qualcomm (QCOM), which has plunged 30% from its highs in late May, and AI chipmaker Cerebras (CBRS), which recently traded nearly 40% off its opening price in May and even further below post-IPO highs.

"Fundamentally, AI compute demand remains undersupplied," Citi wrote, which bodes well for these stocks.1

Citi also said Micron, Advanced Micro Devices (AMD), Intel (INTC), and Marvell (MRVL), which took a big hit Wednesday amid a broad slide in chip stocks, could still be set for more gains.

D.A. Davidson's Gil Luria this week on CNBC said he believes Nvidia and Micron have been trading "as if the cycle is peaking now." That, he said, could reflect both a disconnect in the way investors are thinking about their growth potential, and uncertainty around the future of AI.

“If the cycle continues to 2030, Micron is worth maybe four times more than it's trading at now,” he said. “That's a really big discrepancy, and we see that as the biggest opportunity.”2

Meeks, who said "good times" for the AI infrastructure trade could last at least through 2028, wrote that investors should "worry about AI infrastructure supply. We're good for demand."
2026-07-02 14:09 1mo ago
2026-07-02 09:30 1mo ago
3 Top AI Stocks to Buy in July
AVGO Broadcom
FMP Stock News
Original source text
AI infrastructure spending is still the defining trade of 2026, but the leadership inside the trade keeps rotating. June reminded investors of that NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) slid nearly 12% over the past month, Microsoft (NASDAQ:MSFT) dropped nearly 17% and Broadcom (NASDAQ:AVGO) gave back nearly 20%.

That pullback is the setup. Three names continue to compound the underlying AI buildout faster than the broader market, and each offers a different angle on the same megatrend. Here are three top AI stocks to buy in July.

NVIDIA (NVDA) NVIDIA just delivered the cleanest print of this cycle. Q1 FY2027 revenue hit $81.615 billion, up 85% year over year, with Data Center sales of $75.246 billion growing 92% and Data Center Networking revenue of $14.8 billion exploding 199% YoY. Management guided Q2 revenue to $91.0 billion, and that number excludes any China data center compute.

The bull case is simple: NVIDIA is the only company selling both the compute and the networking fabric for the AI factory buildout, and growth is still accelerating, not decelerating. Revenue growth rose from 73% in Q4 to 85% in Q1, while free cash flow jumped to $48.554 billion. CEO Jensen Huang framed the moment plainly: “The buildout of AI factories, the largest infrastructure expansion in human history, is accelerating at extraordinary speed.” Capital return is finally backing up the rhetoric, with the dividend lifted from $0.01 to $0.25 and a new $80 billion buyback authorized. Shares trade at $198.37 with a P/E of roughly 30, against 58 buy ratings and a $301.62 analyst consensus target.

Risk: The China overhang is real. NVIDIA shipped zero H20 compute to China in Q1, versus $4.6 billion a year earlier, and total supply commitments now sit at $119 billion. Any demand stumble against that obligation matters.

Microsoft (MSFT) Microsoft is the rare mega-cap where the recent drawdown looks like an opportunity rather than a warning. The stock is down 23% year to date, even as the fundamentals strengthened. Q3 FY2026 revenue hit $82.886 billion, up 18%, with Intelligent Cloud at $34.681 billion growing 30% and Azure up 40%. CEO Satya Nadella highlighted the headline number on the call: “Our AI business surpassed an annual revenue run rate of $37 billion, up 123% year-over-year.”

The forward-revenue signal is even better. Commercial remaining performance obligations climbed to $627 billion, nearly doubling year over year. That is contracted future revenue. At a current price of $370.81 and a P/E around 22, Microsoft trades well below the $561.11 analyst consensus, with 52 Buy ratings and zero Sell ratings. Operating margins of 46% and return on equity of 33% remain in a class of their own among hyperscalers. The thesis is that Azure’s RPO conversion compounds for years.

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

Risk: Capex is exploding. Q3 capital expenditures of $30.876 billion rose 84% YoY, and the payback window on that AI infrastructure is the single biggest variable for the next two years.

Broadcom (AVGO) Broadcom is the cleanest pure play on custom AI silicon. Q2 FY2026 revenue of $22.187 billion grew 48%, and AI semiconductor revenue of $10.8 billion jumped 143% YoY, ahead of management’s own forecast. The Q3 guide is the real story. CEO Hock Tan said: “The momentum continues and in Q3 we expect semiconductor revenue from AI to grow over 200 percent year-over-year to $16.0 billion.”

That implies total Q3 revenue near $29.4 billion with non-GAAP operating margins around 67%. Broadcom’s hyperscaler design wins (Google, Meta, Anthropic, OpenAI) give the custom XPU and Ethernet networking franchise a multi-year visibility window few semiconductor companies enjoy. Free cash flow hit $10.262 billion, or roughly 46% of revenue, and the company has now beaten EPS estimates for eight consecutive quarters. Polymarket’s resolved-market track record on Broadcom earnings stands at 100% accuracy across six resolved markets, reinforcing crowd conviction. Shares at $376.21 sit well under the $523.73 analyst consensus target, with 44 buy ratings and zero sells.

Risk: Customer concentration. A handful of hyperscalers drive the AI revenue line, and at a P/E near 61, any single-customer order delay can compress the multiple quickly. The VMware-related debt load amplifies that sensitivity.

What to Watch in July NVIDIA reports late August, so July action will be driven by macro tape and Blackwell supply commentary. Microsoft’s next print arrives in late July with the FY2026 close, and the Azure growth rate and capex trajectory will set the tone for the second half. Broadcom doesn’t report again until early September, leaving the $16 billion AI guide as the anchor. The common thread across all three: contracted demand, accelerating cash flow, and valuations that have already absorbed a meaningful June reset.

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

Contact [email protected] for any questions or corrections.
2026-07-02 14:09 1mo ago
2026-07-02 09:54 1mo ago
Honda Motor: Catalysts Galore
HMC Honda
FMP Stock News
Original source text
32.65K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of F, GM 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.
2026-07-02 14:08 1mo ago
2026-07-02 10:00 1mo ago
Top 3 Marijuana Stocks to Watch in July 2026: GRWG, HYFM, and SMG
SMG Scotts Miracle-Gro
FMP Stock News
Original source text
Top 3 Marijuana Stocks to Watch in July 2026 The cannabis industry continues to evolve in 2026. However, ancillary marijuana companies remain attractive because they support the industry without directly touching the plant. These businesses provide cultivation equipment, hydroponic supplies, greenhouse technology, and lawn care products. As a result, they can benefit from long-term cannabis expansion while reducing regulatory risk.

Three ancillary cannabis stocks stand out for July 2026. GrowGeneration (NASDAQ: GRWG), Hydrofarm Holdings Group (NASDAQ: HYFM), and Scotts Miracle-Gro (NYSE: SMG) each serve different parts of the cultivation market. Furthermore, all three continue adapting to changing industry conditions while positioning themselves for future growth. Here is a closer look at each company.

[Read More] Looking for Cannabis Growth? Watch These 3 Marijuana Stocks in July 2026

Top Ancillary Cannabis Stocks to Watch as the Industry Expands GrowGeneration (NASDAQ: GRWG) Hydrofarm Holdings Group (NASDAQ: HYFM) Scotts Miracle-Gro (NYSE: SMG) GrowGeneration (NASDAQ: GRWG) GrowGeneration remains one of the largest specialty hydroponic and cultivation suppliers in the United States. The company serves both commercial cultivators and home growers. It sells lighting systems, nutrients, irrigation equipment, environmental controls, and growing media. Additionally, GrowGeneration continues expanding its proprietary product portfolio. That strategy helps improve margins while building stronger customer loyalty.

The company currently operates 19 retail garden centers across nine states. Its strongest presence remains in major cannabis markets, including California, Colorado, Michigan, Oklahoma, Nevada, and Arizona. Besides its retail stores, GrowGeneration also serves commercial operators through its wholesale business and online platforms. This combination gives the company exposure to both large cultivators and smaller independent growers. Furthermore, management continues optimizing its store footprint while focusing on higher-margin commercial sales. As more cultivation projects begin across legalized markets, GrowGeneration remains well-positioned to supply the industry’s infrastructure needs. Therefore, many investors continue watching GRWG as one of the leading ancillary cannabis companies.

Financial results have begun to show meaningful improvement in 2026. First-quarter revenue reached approximately $38.4 million. That represented year-over-year growth of 7.5%. Meanwhile, proprietary brand sales increased to 37% of cultivation revenue. Gross margin remained above 25% despite continued store optimization efforts. Additionally, operating expenses declined significantly because management continued to reduce costs. Net loss also narrowed compared to the previous year. Adjusted EBITDA improved substantially as profitability moved closer toward breakeven. Perhaps most importantly, GrowGeneration finished the quarter with more than $41 million in cash and no debt. Management also reaffirmed full-year revenue guidance between $162 million and $168 million. Consequently, investors remain encouraged by improving operations and strengthening financial flexibility.

[Read More] 3 Marijuana Stocks To Watch That Are Ready To Make Big Moves In The Market

Hydrofarm Holdings Group (NASDAQ: HYFM) Hydrofarm Holdings is another major supplier serving the controlled-environment agriculture and cannabis cultivation sectors. The company distributes hydroponic equipment, nutrients, grow lights, ventilation systems, growing media, and climate control products. Unlike traditional retailers, Hydrofarm focuses heavily on supplying commercial cultivators through an extensive distribution network. This approach allows the company to reach growers across many legal cannabis states.

Hydrofarm serves customers throughout the United States and Canada using multiple distribution centers. Although it does not operate cannabis dispensaries, it plays an essential role in supporting licensed cultivation facilities. Its products are widely used by commercial cannabis producers as well as greenhouse operators growing vegetables and specialty crops. Furthermore, Hydrofarm owns several proprietary brands that strengthen customer relationships while improving profitability. Management continues to emphasize operational efficiency after several difficult years in the industry. Therefore, the company remains well-positioned to benefit as cannabis cultivation accelerates. Investors continue monitoring HYFM because ancillary suppliers often recover alongside improving cultivation demand.

Hydrofarm continues focusing on improving profitability through disciplined expense management. Revenue remains under pressure due to slower cultivation spending across parts of the cannabis market. Nevertheless, management has reduced operating costs and improved inventory efficiency. Gross margins have stabilized as higher-margin proprietary brands account for a larger share of total sales. Additionally, the company continues to reduce debt while strengthening its balance sheet. Cash preservation also remains a top priority during the current market cycle. Investors continue to watch quarterly revenue trends for signs of renewed investment in commercial cultivation. If cannabis licensing activity increases again, Hydrofarm could experience stronger demand for its equipment portfolio. Therefore, HYFM remains a closely followed turnaround candidate within the ancillary cannabis sector.

[Read More] Leading Canadian Marijuana Stocks Showing Momentum in 2026

Scotts Miracle-Gro (NYSE: SMG) Scotts Miracle-Gro represents one of the most established names connected to cannabis cultivation. Although the company remains best known for consumer lawn and garden products, its Hawthorne Gardening subsidiary focuses directly on hydroponics and controlled environment agriculture. Hawthorne supplies lighting, nutrients, growing systems, and cultivation equipment used by many commercial cannabis operators.

Scotts enjoys nationwide distribution throughout the United States. Its traditional consumer business reaches thousands of retail locations, including major home improvement stores and garden centers. Meanwhile, Hawthorne serves commercial cannabis cultivators across nearly every legal cannabis market. Unlike smaller ancillary companies, Scotts benefits from diversified revenue streams outside cannabis. That diversification provides additional financial stability during slower cannabis industry periods. Furthermore, management continues investing in innovation while streamlining Hawthorne’s operations. As cannabis cultivation expands over time, Scotts remains positioned to participate through its established infrastructure and respected brands. Consequently, many long-term investors continue viewing SMG as a lower-risk cannabis exposure opportunity.

Recent financial performance reflects improving conditions after several challenging years. Scotts has benefited from stronger consumer demand for lawn and garden products while continuing its restructuring efforts within Hawthorne. Management remains focused on cost reductions and improving cash generation. Additionally, the company has worked to reduce debt and strengthen overall financial flexibility. Hawthorne’s performance continues to depend largely upon commercial cannabis cultivation spending. However, management believes industry conditions should gradually improve over time. Scotts also continues generating substantial cash flow from its core consumer business. That dependable revenue supports ongoing investments and provides stability during periods of cannabis market weakness. Therefore, many investors continue to view SMG as one of the strongest ancillary marijuana stocks to watch in July 2026.

MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | [email protected]
2026-07-02 14:07 1mo ago
2026-07-02 09:00 1mo ago
A. O. Smith to Hold Second Quarter Conference Call on July 30, 2026
AOS AO Smith
FMP Stock News
Original source text
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- A. O. Smith Corporation (NYSE: AOS) will release its second quarter 2026 financial results before the market opens on Thursday, July 30, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time). 

The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Second Quarter Conference Call" link.

About A. O. Smith

A. O. Smith Corporation, with headquarters in Milwaukee, Wisconsin, is a global leader applying innovative technology and energy-efficient solutions to products manufactured and marketed worldwide. Listed on the New York Stock Exchange (NYSE: AOS), the company is one of the world's leading manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment and water management products. For more information, visit www.aosmith.com.

SOURCE: A. O. Smith Corporation

Also from this source
2026-07-02 14:07 1mo ago
2026-07-02 08:00 1mo ago
Flyte Announces Successful Launch of New Direct-to-Consumer Booking Platform
BKNG Booking
FMP Stock News
Original source text
Revenue Increased Sequentially Approximately 170% from Q1 to Q2 (QoQ) as Customer Adoption Accelerates Across Key Travel Markets July 02, 2026 08:00 ET  | Source: Catheter Precision, Inc.

FORT MILL, S.C., July 02, 2026 (GLOBE NEWSWIRE) -- Flyte, a subsidiary of Catheter Precision, Inc. (NYSE American: VTAK) ("VTAK" or the "Company"), today announced continued operational growth following the launch of its enhanced digital booking platform, www.flyflyte.com. During the first six months of 2026, Flyte acquired more than 1,000 new platform users, facilitated 118 flights across its growing network, and generated more than $1.0 million in revenue as demand continued to increase across multiple distribution channels.

The Flyte platform allows customers to instantly price and book a Flyte Jet through a seamless digital experience, bringing a level of transparency and accessibility that has historically been absent from private aviation. While customers can book directly through Flyte, the platform is equally designed to support aviation brokers, travel advisors, and strategic partners by providing faster quoting, standardized pricing on select routes, and a more efficient booking process.

Through AI-enabled pricing, customer acquisition, and marketing systems, Flyte has successfully identified and targeted travelers seeking efficient private aviation solutions for popular high-demand travel markets.  The Company's standardized pricing on select routes, combined with customized charter solutions, continues to drive customer adoption while supporting both direct bookings and broker-originated business.

Flyte exclusively operates a fleet of Cirrus Vision Jets, purpose-built for short-haul travel, offering access to thousands of private airports while maintaining jet-speed performance and industry-leading safety features, including Garmin Autoland and the Cirrus Airframe Parachute System (CAPS).

 "The early results from our technology platform have been extremely encouraging. We are seeing strong growth from both customers booking directly with Flyte and from our expanding network of broker and strategic partners. Our objective is to make private aviation easier to access regardless of how a customer chooses to book." Said Marc Sellouk Founder and CEO of Flyte.

Platform Built For Scale

The Flyte platform was purpose-built to modernize the private aviation booking experience while creating scalable technology infrastructure that supports both direct consumer demand and third-party distribution partners. By leveraging smaller airports and optimized short-haul routes, Flyte significantly reduces total travel time compared to commercial aviation and ground transportation.

Key platform advantages include:

• Instant online booking of the entire aircraft
• Fixed pricing with no hidden fees
• No membership required
• Access to thousands of private airports
• Optimized routes for high-demand travel corridors

Accelerating Customer Acquisition And Market Expansion

To accelerate adoption and brand awareness, Flyte continues to execute a comprehensive, data-driven marketing strategy focused on driving traffic directly to its platform.

Growth initiatives include:

Social media and performance-driven digital marketingAdvanced data analytics and targeted customer acquisitionAI-enabled customer targeting and demand forecastingGeo-fenced campaigns around high-value markets and eventsGoogle Ads and search optimizationInfluencer partnerships and curated influencer flight experiencesStrategic brand partnerships across luxury, sports, and lifestyle verticalsPublic relations and earned media campaignsExpansion of fixed-price routes serving high-demand leisure and business destinations This multi-channel growth strategy is designed to accelerate customer acquisition, increase booking velocity, strengthen relationships with aviation partners, and position Flyte as one of the industry's leading technology-enabled private aviation platforms.

Positioned At The Intersection Of Aviation And Technology

Flyte combines technology, AI-driven customer acquisition, and a standardized Vision Jet fleet to create a more efficient booking experience for customers while providing valuable technology and operating capabilities to aviation brokers, travel advisors, and strategic partners. The platform supports multiple distribution channels, allowing customers to book directly or through their preferred aviation advisor while maintaining the same commitment to safety, service, and operational excellence.

About Flyte

Flyte is a private aviation company operating a growing fleet of Cirrus Vision Jets and providing efficient short-haul travel solutions throughout the United States.

Flight operations are conducted through Flyte's wholly owned subsidiary, Ponderosa Air, LLC, an FAA-certified Part 135 air carrier. With certified aircraft, active revenue-generating operations, and scalable fleet expansion underway, Flyte is building disciplined aviation infrastructure designed to deliver a faster, safer, and more efficient alternative to traditional private charter travel.

For more information, visit www.flyflyte.com

About Catheter Precision

Catheter Precision is an innovative U.S.-based medical device company developing advanced solutions to improve the treatment of cardiac arrhythmias. The company focuses on bringing new technologies to market through collaboration with physicians and continuous product innovation.

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements can be identified by words such as “believe,” “anticipate,” “may,” “might,” “can,” “could,” “continue,” “depends,” “expect,” “expand,” “forecast,” “intend,” “predict,” “plan,” “rely,” “should,” “will,” “may,” “seek,” or the negative of these terms and other similar expressions, although not all forward-looking statements contain these words.  These forward-looking statements include, but are not limited to, statements regarding our expectation to have approximately $760,000 in revenue for the second quarter relating to Flyte and our expectation that revenue relating to Flyte will increase 150% quarter-over-quarter. These and other risks are detailed in the Company’s filings with the Securities and Exchange Commission, including its most recent Forms 10-K and 10-Q. The Company undertakes no obligation to update any forward-looking statements except as required by law.

CONTACTS:

Investor Relations
973-691-2000
[email protected]
2026-07-02 14:07 1mo ago
2026-07-02 10:00 1mo ago
Investors Heavily Search Booking Holdings Inc. (BKNG): Here is What You Need to Know
BKNG Booking
FMP Stock News
Original source text
Booking Holdings (BKNG - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Over the past month, shares of this online booking service have returned +10.8%, compared to the Zacks S&P 500 composite's -1.4% change. During this period, the Zacks Internet - Commerce industry, which Booking Holdings falls in, has lost 7.3%. The key question now is: What could be the stock's future direction?

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

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

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

For the current quarter, Booking Holdings is expected to post earnings of $2.47 per share, indicating a change of +11.3% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

The consensus earnings estimate of $10.44 for the current fiscal year indicates a year-over-year change of +14.5%. This estimate has remained unchanged over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $12.35 indicates a change of +18.3% from what Booking Holdings is expected to report a year ago. Over the past month, the estimate has remained unchanged.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Booking Holdings.

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

12 Month EPS

Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

For Booking Holdings, the consensus sales estimate for the current quarter of $7.19 billion indicates a year-over-year change of +5.7%. For the current and next fiscal years, $29.4 billion and $32.08 billion estimates indicate +9.2% and +9.1% changes, respectively.

Last Reported Results and Surprise HistoryBooking Holdings reported revenues of $5.53 billion in the last reported quarter, representing a year-over-year change of +16.2%. EPS of $1.14 for the same period compares with $0.99 a year ago.

Compared to the Zacks Consensus Estimate of $5.5 billion, the reported revenues represent a surprise of +0.61%. The EPS surprise was +3.64%.

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

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

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

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

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

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Booking Holdings. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.
2026-07-02 14:06 1mo ago
2026-07-02 10:00 1mo ago
Palo Alto Networks, Inc. (PANW) Is a Trending Stock: Facts to Know Before Betting on It
PANW Palo Alto Networks
FMP Stock News
Original source text
Palo Alto Networks (PANW - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Shares of this security software maker have returned +25.5% over the past month versus the Zacks S&P 500 composite's -1.4% change. The Zacks Security industry, to which Palo Alto belongs, has gained 7.6% over this period. Now the key question is: Where could the stock be headed in the near term?

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

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

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

For the current quarter, Palo Alto is expected to post earnings of $0.97 per share, indicating a change of +2.1% from the year-ago quarter. The Zacks Consensus Estimate has changed -7.9% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $3.77 points to a change of +12.9% from the prior year. Over the last 30 days, this estimate has changed -5.1%.

For the next fiscal year, the consensus earnings estimate of $4.08 indicates a change of +8.1% from what Palo Alto is expected to report a year ago. Over the past month, the estimate has changed +2%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Palo Alto.

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

12 Month EPS

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

For Palo Alto, the consensus sales estimate for the current quarter of $3.35 billion indicates a year-over-year change of +32.1%. For the current and next fiscal years, $11.41 billion and $13.72 billion estimates indicate +23.7% and +20.2% changes, respectively.

Last Reported Results and Surprise HistoryPalo Alto reported revenues of $3 billion in the last reported quarter, representing a year-over-year change of +31.1%. EPS of $0.85 for the same period compares with $0.8 a year ago.

Compared to the Zacks Consensus Estimate of $2.94 billion, the reported revenues represent a surprise of +2%. The EPS surprise was +4.94%.

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

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

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

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

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

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Palo Alto. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-07-02 14:06 1mo ago
2026-07-02 09:00 1mo ago
RBLX INVESTOR NOTICE: Roblox Corporation Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit- HBSS
RBLX Roblox
FMP Stock News
Original source text
, /PRNewswire/ -- Roblox Corporation (NYSE: RBLX) faces a securities class action lawsuit after its April 30, 2026 Q1 2026 report indicating a surprisingly large sequential decline in daily active users ("DAUs") tempered by its age-check rollout. The news drove the price of Roblox shares down $10.13 (-18%) the next trading day and erased over $6.7 billion from the company's market capitalization.

The lawsuit seeks to represent investors who purchased or otherwise acquired Roblox common stock between October 30, 2025 and April 30, 2026.

National shareholder rights firm Hagens Berman is investigating the legal claims that Roblox and its co-defendants violated the federal securities laws. The firm encourages Roblox investors who suffered substantial losses to submit your losses now.

Class Period: Oct. 30, 2025 – Apr. 30, 2026
Lead Plaintiff Deadline: Aug. 7, 2026
Visit: www.hbsslaw.com/investor-fraud/rblx
Contact the Firm Now: [email protected]
                                         844-916-0895

Roblox Corporation (RBLX) Securities Class Action:

The primary focus of the litigation is on the propriety of Roblox's disclosures about the impact on its business and prospects of the age-check verification rollout aimed at increasing safety within certain social features on its platform. The rollout began in November 2025.

Throughout the Class Period, Roblox has characterized its rollout as the "gold standard" intended to be implemented with "no friction." The company has also touted its high year-over-year DAU growth and related revenue and bookings growth.

As recently as February 5, 2026, during Roblox's Q4 2025 earnings call, CEO David Baszucki responded to an analyst's question about additional detail about the age-check rollout, assuring investors that "[w]e're very excited and proud of the way our age verification rollout has gone" and "we found so many other opportunities for optimization that I'm very pleased and happy about the way the rollout has gone."

The complaint alleges that Roblox made false and misleading statements while failing to disclose important information to investors about the true state of the company's growth potential. More specifically, the complaint alleges that Roblox would see significant growth slowdown as enrollments in its age-check rollout would quickly taper, compounding the resulting slowdown in on-line platform communication and resulting in app store rating reductions and a swift reduction in organic growth.

The truth entered the market on April 30, 2026. That day, Roblox reported its Q1 2026 financial results, revealed a steep deceleration in year-over-year and sequential DAU growth, slashed its 2026 revenue guidance (reflecting ongoing shrinkage in DAU growth), and severely cut its 2026 bookings growth midpoint from 24% to just 10%.

The company blamed its adverse situation on just 51% of Roblox global DAUs having age checked and further revealed that "as a result of age check […] we have seen a reduction in app store ratings, and we believe this may be contributing to a reduction in organic sign-ups that typically flow from app stores." Roblox also said its lowered prospects are the result of "continued friction" resulting from the age-check rollout.

"We're focused on when Roblox and its management knew of the adverse consequences of the age-check rollout and whether they intentionally misled investors," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

If you invested in Roblox and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now.

If you'd like more information and answers to other frequently asked questions about the Roblox case and the firm's investigation, read more.

Whistleblowers: Persons with non-public information regarding Roblox should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected] .

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

SOURCE Hagens Berman Sobol Shapiro LLP
2026-07-02 14:06 1mo ago
2026-07-02 09:33 1mo ago
RBLX SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Notifies Roblox (RBLX) Investors of Securities Class Action Lawsuit Deadline on August 7, 2026
RBLX Roblox
FMP Stock News
Original source text
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Roblox To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Roblox between October 30, 2025 and April 30, 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]

Watch our latest video highlighting the key allegations: https://youtu.be/rFoJC-j0rW0

, /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Roblox Corporation ("Roblox" or the "Company") (NYSE: RBLX) and reminds investors of the August 7, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

James (Josh) Wilson, Faruqi & Faruqi Senior Partner (PRNewsfoto/Faruqi & Faruqi, LLP) 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.

According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Roblox's organic growth potential; notably, that Roblox would see a significant slowdown in its growth rates as enrollment in the age verification rollout would quickly taper, compounding the resulting slowdown in on-platform communication, resulting in app store rating reductions and a swift reduction in organic growth. Such statements absent these material facts caused Plaintiff and other shareholders to purchase Roblox's securities at artificially inflated prices.

On April 30, 2026, Roblox announced its financial results for the first quarter of fiscal 2026. Management slashed bookings growth guidance down to 8-12% and a corresponding decline to margin expectations. Defendants disclosed the age verification rollout had caused much more significant impacts engagement and organic growth than management had previously suggested and age check adoption had only increased to 51% global daily active users, from 45% at the end of the previous quarter.

Investors and analysts reacted immediately to Roblox's revelation. The price of Roblox's common stock declined dramatically. From a closing market price of $55.26 per share on April 30, 2026, Roblox's stock price fell to $45.13 per share on May 1, 2026, a decline of about 18.33% in the span of just a single day. 

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 Roblox's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Verra class action, go to www.faruqilaw.com/RBLX 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 Roblox Corporation Securities Class Action Lawsuit:

What is the Roblox Corporation securities fraud lawsuit about?

The Roblox Corporation securities fraud lawsuit is a federal securities class action alleging that Roblox Corporation (NYSE: RBLX) and its executives made false and misleading statements to investors by concealing that the Company's age verification rollout would cause a significant slowdown in growth rates, reduce on-platform communication, lead to app store rating reductions, and materially impair Roblox's organic growth potential. As the truth emerged on April 30, 2026 — when Roblox announced Q1 fiscal 2026 results, slashed bookings growth guidance to just 8–12%, disclosed margin deterioration, and revealed that age verification adoption had only reached 51% of global daily active users (up from just 45% the prior quarter), signaling far greater engagement impacts than management had previously suggested — RBLX's stock price fell from $55.26 to $45.13 per share, a decline of approximately 18.33% in a single day, causing significant losses for investors.

Who may be eligible to participate in the Roblox Corporation class action lawsuit?
Investors who purchased or acquired Roblox Corporation (RBLX) securities between October 30, 2025 and April 30, 2026 — the Class Period — and suffered financial losses may be eligible to participate in the Roblox securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Roblox employees, and others with relevant information about the Company's conduct are also encouraged to come forward.

What is a lead plaintiff, and how can I seek appointment in the Roblox Corporation lawsuit?
A lead plaintiff in the Roblox Corporation class action is a court-appointed investor — typically the one with the largest financial interest in the case — who directs and oversees the litigation on behalf of all class members. Any Roblox investor who purchased RBLX securities during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is August 7, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.

What should investors do if they purchased Roblox Corporation stock during the Class Period?
Investors who purchased Roblox Corporation (RBLX) securities between October 30, 2025 and April 30, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Roblox Corporation securities class action is August 7, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/RBLX for more information.

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.

SOURCE Faruqi & Faruqi, LLP
2026-07-02 14:06 1mo ago
2026-07-02 09:50 1mo ago
Consumer Confidence Improves but Economic Woes Continue: 4 Safe Picks
ADP Automatic Data Processing
FMP Stock News
Original source text
Key Takeaways John Wiley & Sons (WLY), Tyson Foods (TSN), Arko Corp. (ARKO) and NYT are highlighted as defensive picks.Consumer confidence improved in June, but inflation and rate-hike expectations continue to weigh on outlook.WLY, TSN, ARKO and NYT saw earnings estimate revisions and offer low-beta defensive exposure. Americans are feeling a shade more confident about the economy after a halt to the hostilities between the United States and Iran. Oil prices have eased substantially over the past few weeks but the crisis is far from over.

Although consumer confidence saw some improvement in June, it remains close to historic lows. The Federal Reserve is once again faced with the challenge of taming sky-high inflation and an interest rate hike is almost inevitable now.

Given this scenario, we recommend sticking to defensive picks from the consumer staples sector, such as John Wiley & Sons, Inc. (WLY - Free Report) , Tyson Foods (TSN - Free Report) , Arko Corp. (ARKO - Free Report) and The New York Times Company (NYT - Free Report) .

These stocks have seen positive earnings estimate revisions in the past 60 days, carry a Zacks Rank #1 (Strong Buy) or 2 (Buy) at present, and are set for solid returns. You can see the complete list of today’s Zacks #1 Rank stocks here.

Consumer Confidence Remains LowThe consumer confidence index rose to 91.2 in June from a downwardly revised reading of 90.6 in the prior month, the Conference Board reported earlier this week.  A separate report showed that consumer sentiment improved in June but remained near historic lows.

The University of Michigan's Surveys of Consumers showed the consumer sentiment index rose to a final reading of 49.5 in June from 44.8 in the month earlier, May, after the preliminary reading showed 48.9.

The marginal improvement comes after the United States and Iran signed a temporary memorandum of understanding in mid-June to end hostilities in the Middle East. Oil prices fell sharply from record highs, boosting consumers’ confidence. However, hostilities have not ceased completely and have continued over the past weekend amid ongoing attempts at negotiations between the two warring nations.

A steep rise in oil prices in the initial months of the war saw inflation spike to a three-year high. Higher prices of goods have been weighing on the economy. The initial rise in oil prices is worrying consumers as they believe the impact is going to last long.

There are several other factors that have been denting consumers’ confidence. Households’ perception of the labor market situation has been deteriorating for several months now, with portions of the survey viewing jobs as difficult to get hitting a five and a half year high.  

Latest data from ADP (ADP - Free Report) shows that private sector payrolls increased 98,000 in June, down from an unrevised 122,000 job additions in May and lower than the consensus estimate of 110,000 jobs.

High inflation has made the Federal Reserve’s job more challenging, with markets now pricing in a 25-basis-point rate hike by the end of this year.

4 Low-Beta Consumer Staples Stocks With Growth PotentialJohn Wiley & SonsJohn Wiley & Sons, Inc. is a global provider of knowledge and knowledge-enabled services that improve outcomes in areas of research, professional practice and education. Through the Research segment, WLY provides digital and print scientific, technical, medical and scholarly journals, reference works, books, database services, and advertising. John Wiley & Sons has a Zacks Rank #2.

John Wiley & Sons has an expected earnings growth rate of 14.6% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.1% over the last 90 days. WLY has a Zacks Rank #2. John Wiley & Sons has a beta of 0.27 and a current dividend yield of 2.93%.

Tyson FoodsTyson Foods is the biggest U.S. chicken company that produces, distributes and markets chicken, beef, pork, and prepared foods. TSN’s products are marketed and sold primarily by sales staff to grocery retailers, grocery wholesalers, meat distributors, military commissaries, industrial food processing companies, chain restaurants, international export companies and domestic distributors.

Tyson Foods’expected earnings growth rate for the current year is 1%. The Zacks Consensus Estimate for the current-year earnings has improved 5.3% over the past 60 days. TSN has a Zacks Rank #2. Tyson Foods has a beta of 0.40 and a current dividend yield of 3.56%.

Arko Corp. Arko Corp.’s primary asset is a controlling stake in GPM Investments. ARKO, formerly known as Haymaker Acquisition Corp. II, is based in Richmond, VA.

Arko Corp’s expected earnings growth rate for the current year is 93.3%. The Zacks Consensus Estimate for current-year earnings has improved 11.5% over the past 60 days. Arko Corp. has a Zacks Rank #1. ARKO has a beta of 0.99 and a current dividend yield of 1.49%.

The New York Times CompanyThe New York Times Company is a leading global media organization focused on delivering high-quality journalism and information. Founded in 1851 and incorporated in 1896, NYT has evolved from a traditional newspaper publisher into a diversified digital-first media company with a strong global subscriber base and a growing portfolio of lifestyle and entertainment products. 

The New York Times Company has an expected earnings growth rate of 19.1% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 5% over the last 60 days. The New York Times Company has a Zacks Rank #2. NYT has a beta of 0.96 and a current dividend yield of 1.31%.
2026-07-02 14:06 1mo ago
2026-07-02 08:43 1mo ago
Michael Saylor Just Changed the Rules for MSTR — And Investors May Not Like It
MSTR Strategy
FMP Stock News
Original source text
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Strategy (NASDAQ:MSTR | MSTR Price Prediction) has never been a simple way to own Bitcoin (CRYPTO:BTC). Michael Saylor has spent the past several years turning the company into a financial engineering machine, issuing multiple layers of securities to buy even more Bitcoin. Its latest move may be the boldest yet.

The company just unveiled its new Digital Credit Capital Framework, a plan designed to support the growing ecosystem of preferred securities it has created, particularly its STRC preferred shares. The company says the framework will strengthen liquidity, protect dividend payments, and provide additional flexibility during periods of Bitcoin volatility.

But while the announcement appears positive on the surface, investors should recognize that it benefits different shareholders in very different ways. In many respects, the framework offers greater protection for preferred shareholders while increasing the risks borne by common shareholders.

Building a Safety Net The framework introduces several new tools. Strategy established a $2.55 billion cash reserve dedicated to paying preferred dividends and interest. At current obligations, that reserve covers roughly 17 months of payments without requiring additional financing.

The company also raised the dividend on its Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) (commonly called “Stretch”) to 12% annually, effective July 1. The dividend can be adjusted over time in an effort to keep STRC trading close to its $100 par value.

To provide additional flexibility, Strategy authorized two separate $1 billion repurchase programs — one for its digital credit securities, including Stretch, and another for Strategy common shares.

Finally, management authorized up to $1.25 billion of conditional Bitcoin sales if necessary to replenish reserves, meet obligations, or fund buybacks.

Taken together, the framework gives Strategy more options before being forced into emergency financing. But it also highlights just how much of the company’s capital structure now revolves around servicing preferred investors.

From Bitcoin proxy to a high-stakes financial machine—see why common shareholders are now bearing the brunt of the volatility while preferred investors get the shield. © 24/7 Wall St. Why STRC and MSTR Investors Have Different Interests This is where the distinction becomes important. Stretch investors receive a substantial monthly cash dividend while sitting ahead of common shareholders in the capital structure. The new framework is largely designed to improve the likelihood those payments continue regardless of short-term Bitcoin volatility. Common shareholders receive none of those benefits.

Instead, MSTR investors absorb much of the residual risk. If Bitcoin enters another prolonged bear market, Strategy may eventually need to issue additional preferred shares, sell Bitcoin, or issue more common stock to maintain its obligations. Every one of those outcomes can dilute or reduce the value accruing to existing common shareholders.

In effect, Stretch holders are receiving contractual cash income supported by new corporate safeguards. MSTR holders are providing much of that support without receiving a dividend themselves.

That doesn’t mean MSTR can’t outperform if Bitcoin stages another explosive rally. Historically, leverage has amplified gains during bull markets. But the same financial engineering that boosts returns on the way up can become a headwind during prolonged downturns.

The same investor newsletter that told subscribers to buy Amazon in 2002, Netflix in 2004, and Nvidia in 2005 still publishes two new stock picks every month. Over 23 years, Motley Fool's Stock Advisor has more than quadrupled the S&P 500. New members get this month's picks, the Top 10 Rankings, and a 30-day money-back guarantee. Click here to unlock their next top stocks while new members are still being accepted.

The Risks Haven’t Disappeared The new framework certainly reduces some near-term liquidity concerns, but it doesn’t eliminate the underlying risks.

Strategy currently holds 847,363 Bitcoin purchased for roughly $64.1 billion, representing an average cost of $75,651 per Bitcoin. With Bitcoin recently trading around $61,200, the company’s holdings remain underwater. If Bitcoin remains depressed for an extended period — or falls significantly lower, as some analysts expect — the $2.55 billion reserve eventually runs down.

At that point, Strategy has several options — but none are particularly attractive for common shareholders. It can issue more preferred securities with even higher dividend costs, issue additional common shares that dilute existing investors, or begin selling portions of its Bitcoin holdings.

Ironically, one of the biggest attractions of MSTR has always been Saylor’s promise to accumulate Bitcoin indefinitely. Yet this framework explicitly acknowledges that Bitcoin sales are now part of the financial toolbox if circumstances require them. It’s now a feature, not a bug.

That may reassure preferred investors. It is less soothing for common shareholders.

Key Takeaway The Digital Credit Capital Framework probably makes Stretch a stronger investment by improving the security of its dividend and providing multiple layers of liquidity support. Whether it improves MSTR is a far more complicated question.

Common shareholders now sit beneath an even larger stack of preferred obligations while receiving no income themselves. If Bitcoin performs exceptionally well, MSTR can still deliver outsized gains. But if Bitcoin struggles, common investors bear a disproportionate share of the downside through potential dilution, Bitcoin sales, and growing obligations to preferred shareholders.

For many investors whose primary goal is simply gaining exposure to Bitcoin, buying Bitcoin directly — or through a low-cost spot Bitcoin ETF — may now offer a cleaner investment thesis. Those vehicles provide one-for-one exposure to Bitcoin’s price without the added complexity of leverage, preferred dividends, or corporate financing decisions.

More aggressive investors who believe Saylor’s capital strategy will continue creating value may still prefer MSTR. Income-oriented investors comfortable with crypto-related credit risk may find Stretch attractive.

But the latest framework makes one thing increasingly clear: Strategy is no longer merely a Bitcoin proxy. It has become a highly leveraged financial institution built around Bitcoin, and understanding that distinction is becoming just as important as understanding Bitcoin itself.

If You'd Bought Amazon When the Motley Fool Said To…In September 2002, Stock Advisor told subscribers to buy Amazon. In December 2004, Netflix. In April 2005, Nvidia. The newsletter still publishes two new stock picks every month — and over 23 years, has more than quadrupled the S&P 500. Here's how to get this month's picks:

- Join Stock Advisor for one year, with a 30-day money-back guarantee

- Get this month's two new picks — plus the Top 10 Rankings and the full historical pick list

- Read the analysis, decide for yourself, and trade through your own brokerage

Five years from now, you'll probably wish you'd bought this month's picks. Don't miss them.

Contact [email protected] for any questions or corrections.
2026-07-02 14:05 1mo ago
2026-07-02 07:45 1mo ago
Is CrowdStrike stock a buy after 75% drop?
CRWD CrowdStrike
FMP Stock News
Original source text
The CrowdStrike (NASDAQ: CRWD) stock price chart might appear frightening at face value, given that, as of press time on July 2, it shows a staggering 74.69% decline from $763.14 to $193.18, but the move resulted from a deliberate action by the company.

CrowdStrike stock price one-day chart. Source: Google Specifically, the fall in CRWD shares’ value that can be seen on many quotes available online came from the firm’s decision to execute a 4-for-1 stock split. Indeed, the change in the price matches the alteration in the balance almost exactly and reveals only a minor daily move.

Furthermore, the apparently shocking drop is, on a purely mechanical level, arguably more of a buy signal as it has made owning one or more entire shares easier for new investors, thus helping incentivize participation.

The equity’s July 2 extended-session move – a small but noticeable 0.42% rise to $194 – helps reinforce the case that CRWD might enjoy tailwinds soon after the split officially takes effect with the Thursday morning bell.

Wall Street sets CrowdStrike stock price target for after the stock split Simultaneously, the recent ratings and 12-month price targets issued by prominent Wall Street analysts also help bolster the bullish arguments.

For example, out of the 15 revisions unveiled in the last month, only three position CRWD as a ‘Hold,’ and none provide a ‘Sell’ recommendation.

However, it is also notable that even the ‘Buy’ ratings tend to forecast a pullback following the stock’s relatively steady 68% year-to-date (YTD) rally. 

Indeed, among the dozen positive recommendations for CrowdStrike shares, less than half came with price targets higher than the equity’s latest split-adjusted close.

Out of these, Wells Fargo’s (NYSE: WFC) Michael Turrin had the highest adjusted 12-month forecast when, on June 28, he predicted CRWD would rise to $225 for a 16.47% rally.

Still, the average price target Finbold retrieved from the stock analysis platform TipRanks remains above the latest close and, at $196.02 after accounting for the split, represents a 1.47% expected upside. 

Featured image via Shutterstock

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2026-07-02 14:04 1mo ago
2026-07-02 10:00 1mo ago
Plug Power, Inc. (PLUG) Is a Trending Stock: Facts to Know Before Betting on It
PLUG Plug Power
FMP Stock News
Original source text
Plug Power (PLUG - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this alternative energy company have returned -28.5%, compared to the Zacks S&P 500 composite's -1.4% change. During this period, the Zacks Electronics - Miscellaneous Products industry, which Plug Power falls in, has gained 20.2%. The key question now is: What could be the stock's future direction?

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

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

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

For the current quarter, Plug Power is expected to post a loss of $0.08 per share, indicating a change of +50% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

The consensus earnings estimate of -$0.35 for the current fiscal year indicates a year-over-year change of +75.4%. This estimate has remained unchanged over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $0.15 indicates a change of +57.1% from what Plug Power is expected to report a year ago. Over the past month, the estimate has remained unchanged.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Plug Power is rated Zacks Rank #3 (Hold).

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

12 Month EPS

Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

For Plug Power, the consensus sales estimate for the current quarter of $166.69 million indicates a year-over-year change of -4.2%. For the current and next fiscal years, $812.47 million and $994.07 million estimates indicate +14.4% and +22.4% changes, respectively.

Last Reported Results and Surprise HistoryPlug Power reported revenues of $163.51 million in the last reported quarter, representing a year-over-year change of +22.3%. EPS of -$0.08 for the same period compares with -$0.21 a year ago.

Compared to the Zacks Consensus Estimate of $142.52 million, the reported revenues represent a surprise of +14.73%. The EPS surprise was +11.11%.

Over the last four quarters, Plug Power surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time over this period.

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

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

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

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

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Plug Power. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-07-02 14:04 1mo ago
2026-07-02 08:29 1mo ago
Here’s What It Costs to Buy Back Your Fridays
ARCC Ares Capital
FMP Stock News
Original source text
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Most retirement calculators ask the wrong question. They assume the only goal is to stop working completely. Many workers would happily settle for something smaller: a three-day weekend, every week.

For a worker earning roughly $80,000 a year, Fridays off are cumulatively worth about $16,000 annually. Replace that income and a five-day workweek becomes a four-day workweek. The commute disappears one day earlier. The alarm clock stays silent one day longer. Long weekends become permanent. Income target divided by yield equals the capital required. The question is how much capital it takes to buy back one day of your life every week.

High Impact at Lower Expense Than Full Retirement What would you do with 52 days off work a year? Some people would travel more, volunteer, spend time with family, or pursue hobbies. Others would simply use the extra day to schedule appointments, run errands, tackle household projects, care for relatives, or catch up on personal obligations without sacrificing weekends. The point is not what you do with the day. The point is that you get to choose.

Going from five workdays to four requires replacing only about 20% of your income. Going from five workdays to zero requires replacing all of it. That is why the first day of freedom is often the least expensive to buy. A permanent three-day weekend can deliver many of the benefits people associate with retirement while requiring only a fraction of the portfolio.

Four Yield Tiers, One Income Target At a 3.5% yield, $16,000 divided by 0.035 equals roughly $457,000. This is dividend aristocrat territory. Johnson & Johnson (NYSE:JNJ | JNJ Price Prediction) sits here with a 2.2% yield and 64 consecutive years of dividend increases, including a 3.1% hike in Q1 2026 to $1.34 a quarter. Coca-Cola (NYSE:KO) yields 2.6% and guided to 8% to 9% comparable EPS growth in 2026. The tradeoff: highest capital required, but the income stream grows and principal tends to appreciate. JNJ shares are up about 55% over the past year; KO is up roughly 18%.

At 5%, the requirement drops to $320,000. This is REIT and regulated-utility territory. Realty Income (NYSE:O) yields 5.2%, has paid 670 consecutive monthly dividends, and runs 98.9% portfolio occupancy. NextEra Energy (NYSE:NEE) yields 2.7% but targets roughly 10% annual dividend growth through 2026.

At 7%, the bill falls to about $229,000. This is hybrid territory: high-dividend equity funds, covered call ETFs, preferred share funds, and investment-grade bond ladders. With the 10-year Treasury near 4.5%, a 7% portfolio yield carries real credit and call-write risk. Dividend growth stalls.

At 10%, the capital required is only $160,000. Ares Capital (NASDAQ:ARCC), the largest publicly traded BDC, yields 10.3%. Q1 2026 core EPS came in at $0.47, just under the $0.48 quarterly dividend. NAV slipped from $19.94 to $19.59, and the company booked $412 million in unrealized losses. Mortgage REITs and leveraged covered call funds push yields higher, but principal often drifts down. ARCC shares are down about 8% over the past year.

The Compounding Edge Consider two $457,000 portfolios. Portfolio A yields 3.5% and grows its dividend 7% a year, roughly the long-run pace of JNJ or KO. Portfolio B yields 10% with no growth, like a static BDC distribution. Both start at $16,000 a year.

Ten years later, Portfolio A pays about $31,500. Twenty years later, it pays roughly $61,900, nearly four Fridays of replacement income on the original capital. Portfolio B still pays $16,000, and probably less if distributions get trimmed. Slower yield, faster freedom.

Full Stop, Semi, or Four-Day Week Full retirement asks you to replace a six-figure salary. Semi-retirement at three days a week asks you to replace roughly 40%. A four-day week asks you to replace 20%. The lifestyle gap between five days and four is enormous; the capital gap is the difference between $1.5 million and $300,000.

Why Some People Should Keep Working 5 Days a Week A four-day workweek is not automatically the right answer. Career satisfaction matters. Some people genuinely enjoy their work and would rather earn the extra income than buy additional free time. Employer-sponsored health insurance can also be extremely valuable before Medicare eligibility. In some cases, dropping below full-time status can mean losing access to subsidized coverage altogether, adding thousands of dollars in annual healthcare costs and wiping out much of the financial benefit of taking Fridays off.

There are other considerations as well. Some pensions and defined-benefit plans calculate retirement benefits based on years of service, full-time status, or earnings during the final years before retirement. Workers who are close to one of these milestones may discover that reducing their schedule costs more than it saves. For them, keeping the fifth day for a few more years may produce a much larger retirement benefit later.

Work also provides structure, social interaction, and a sense of purpose that many people underestimate until it is gone. The goal is not to escape work at any cost. The goal is to determine whether the freedom gained from a permanent three-day weekend is worth more than the paycheck, benefits, and opportunities that the fifth day currently provides.

Three Things to Do This Week Price your actual Friday. Start with your gross pay, subtract taxes, commuting costs, lunches, and other expenses tied to working that day, then run the divide-by-yield math on what remains. Most workers discover they need to replace far less income than the headline salary number suggests. Compare a 3.5% grower against a 10% static payer over ten years. Pull the dividend history of JNJ or Realty Income next to a BDC or mortgage REIT and look at total return, not just current yield. Model the tax drag. Qualified dividends and REIT distributions are taxed differently. In a taxable account, a 7% pre-tax yield may net less than a 5% qualified yield. Contact [email protected] for any questions or corrections.
2026-07-02 14:02 1mo ago
2026-07-02 09:00 1mo ago
Fortinet to Announce Second Quarter 2026 Financial Results
FTNT Fortinet
FMP Stock News
Original source text
July 02, 2026 09:00 ET  | Source: Fortinet, Inc.

SUNNYVALE, Calif., July 02, 2026 (GLOBE NEWSWIRE) --

News Summary
Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its second quarter 2026 financial results on Wednesday, July 29, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

Fortinet's financial results conference call will be broadcast live in listen-only mode on the company’s investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start.

The CEO’s and CFO’s prepared remarks, supplemental slides, and a call replay will be accessible from the Quarterly Earnings page on the Investor Relations page of Fortinet's website at https://investor.fortinet.com/quarterly-earnings.

About Fortinet (www.fortinet.com)
Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (CERTS), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs. 

FTNT-F

Copyright © 2026 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiCore, FortiMail, FortiSandbox, FortiADC, FortiAgent, FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam, FortiAppSec, FortiAuthenticator, FortiBranchSASE, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCART, FortiCASB, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiDAST, FortiDATA, FortiDB, FortiDevice, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevice, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiEndpoint, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex, FortiFone, FortiGSLB, FortiGuest, FortiHSM, FortiHypervisor, FortiIdentity, FortiInsight, FortiIsolator, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPhish, FortiPoint, FortiPoints, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiSAT, FortiSEC, FortiSIEM, FortiSMS, FortiSOAR, FortiSOC, FortiSRA, FortiSwitch, FortiTelemetry, FortiTester, FortiTIP, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR, Lacework FortiCNAPP, Linksys, Intelligent Mesh, Velop, Max-Stream, Performance Perfected and SECURITY FABRIC. Other trademarks belong to their respective owners. 

Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

Media Contact:Investor Contact:Analyst Contact:Tiffany CurciAnthony LuscriSarah GoodwinFortinet, Inc. Fortinet, Inc. Fortinet, Inc. [email protected]@[email protected]
2026-07-02 14:00 1mo ago
2026-07-02 09:16 1mo ago
Is MKC Stock Undervalued After Its Pullback and Margin Recovery Signs
MKC McCormick & Co
FMP Stock News
Original source text
Key Takeaways MKC trades far below its five-year median after a sharp year-to-date and trailing 12-month decline.Adjusted earnings rose 15.9%, while gross margin expanded on pricing, CCI savings and tariff refund benefits.Organic sales grew 1.7%, as pricing offset softer volumes, keeping demand concerns in focus. McCormick & Company, Incorporated (MKC - Free Report) gives valuation-focused investors a mixed case. The stock has pulled back sharply, and its multiple now sits far below its five-year median.

That lower valuation is not the whole story. Profitability is improving, but organic growth remains modest and Consumer volumes are still soft.

MKC Valuation Looks Lower Than HistoryMKC shares are down 22.3% year to date and 30.9% over the trailing 12-month period. That underperformance has pushed valuation closer to the low end of the stock’s recent historical range.

The stock trades at 16.18X forward 12-month earnings, compared with a five-year high of 33.66X, a low of 14.01X and a five-year median of 25.67X. MKC also trades below the S&P 500’s 21.1X multiple and the broader Zacks Consumer Staples sector’s 16.8X, though it remains above the Zacks sub-industry’s 14.09X.

Image Source: Zacks Investment Research

General Mills (GIS - Free Report) is a packaged-food comparison because it also depends on everyday household demand. Mondelez International (MDLZ - Free Report) offers a snack and branded-food benchmark for pricing and volume trends.

McCormick Earnings Recovery Warrants AttentionThe latest quarter showed earnings recovery. Adjusted earnings increased 15.9% to 80 cents per share from 69 cents a year earlier, while net sales rose 16.7% to $1.94 billion.

Profitability also moved in the right direction. Adjusted gross profit increased 25% to $778.2 million, and adjusted gross margin expanded 270 basis points to 40.2%. Excluding the tariff refund benefit, underlying gross margin expanded 130 basis points.

Adjusted operating income rose 30.1% to $336.4 million, or 27.3% in constant currency. Pricing, acquisition accretion, the IEEPA tariff refund and CCI savings all contributed to margin recovery.

That mix supports the bull case because the improvement was not tied to one lever.

MKC Growth Still Relies on PricingThe caution case remains visible. Organic sales grew only 1.7% in the second quarter, while the McCormick de Mexico acquisition contributed 12.3 percentage points to reported growth.

Pricing carried much of the organic improvement. Total pricing added 2.2 percentage points, offsetting a 0.5% decline in volume and mix. In Consumer, organic sales rose 0.8%, as a 2.7% pricing benefit more than offset a 1.9% volume and mix decline.

Flavor Solutions looked better, with 2.9% organic sales growth supported by 1.5% pricing and 1.4% volume growth. Still, soft consumer volumes, wider price gaps and value-focused spending can limit how far pricing can carry growth.

That is why the stock may look inexpensive without yet offering an all-clear signal. Investors should watch whether volume improvement materializes in the second half. 

McCormick Outlook Supports a Balanced ViewManagement reaffirmed its fiscal 2026 outlook. The company still expects net sales growth of 13-17%, including an 11-13% contribution from McCormick de Mexico and about 1% favorable currency impact.

Organic sales are projected to rise 1-3% on a constant-currency basis. Adjusted operating income is expected to increase 16-20%, while adjusted earnings are projected between $3.05 and $3.13 per share.

The margin outlook also remains constructive. McCormick expects adjusted gross margin to expand 100-120 basis points, supported by organic sales growth, McCormick de Mexico accretion and CCI productivity gains.

That outlook supports steady improvement, but it does not remove risk. Commodity costs, cautious consumer spending, global trade policy uncertainty and Middle East conflict-related costs remain important offsets. The stock currently carries a Zacks Rank #4 (Sell). 

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

Image Source: Zacks Investment Research

MKC Ranking Signals Need More ClarityThe bottom line is that MKC looks more interesting after the pullback, but the investment case is not clean enough to ignore volume and demand concerns. Lower valuation and improving margins support the value argument, while modest organic growth keeps the setup balanced.

The stock carries a Neutral recommendation, which fits the current risk-reward profile. It recognizes operating strengths without overlooking the reliance on pricing, the soft Consumer volume trend and cost uncertainty.
2026-07-02 14:00 1mo ago
2026-07-02 09:21 1mo ago
McCormick Growth Trends Rest on Innovation and Cost Savings Momentum
MKC McCormick & Co
FMP Stock News
Original source text
Key Takeaways McCormick benefits from at-home cooking trends, flavor demand and better-for-you meal solutions.MKC is expanding in beverages, protein, snacking, zero-sugar and health-focused innovation.Cost savings lifted margins, while McCormick de Mexico and Unilever Foods could reshape growth. McCormick & Company, Incorporated (MKC - Free Report) is tied to trends that reach beyond one quarter. Flavor demand, healthier at-home meals and better-for-you product development shape its opportunity.

The company is also leaning on productivity and portfolio moves. Those trends support the long-term story, but MKC still needs better volume execution.

McCormick Tracks Shifts in Home CookingFlavor remains a durable category because it fits several needs. At-home cooking benefits from shoppers seeking healthier meal solutions, while spices and seasonings help lower-cost meals feel more varied.

Price-conscious consumers still want convenience and affordable exploration. Younger consumers also remain important to heat, recipe mixes and value-focused innovation.

The trend extends to foodservice customers. McCormick’s flavor capabilities connect with protein consumption, beverage experimentation and better-for-you eating habits.

Kraft Heinz Company (KHC - Free Report) offers a packaged-food comparison because sauces and condiments also compete for value-focused grocery demand. Mondelez International, Inc. (MDLZ - Free Report) gives investors a broader consumer-staples reference point as large food companies adapt around taste, convenience and occasions.

MKC Expands Through Health Focused InnovationMcCormick’s innovation agenda is increasingly tied to changing consumer preferences. In Flavor Solutions, activity spans beverage, protein, snacking, zero-sugar and better-for-you products, widening the company’s exposure beyond legacy pantry staples.

Customer reformulation also matters. A majority of second-quarter briefs were tied to health and wellness innovation or renovation, showing that customers are using McCormick’s flavor capabilities as they adjust products for nutrition, taste and label expectations.

This gives MKC a broader runway. Beverage, sports nutrition, protein-based products and zero-sugar drinks can create repeat opportunities with large customers, private-label players and emerging brands.

Execution remains important. Consumer segment volume was still negative in the second quarter, making new products, distribution and value messaging central to the trend story. 

McCormick Uses CCI to Lift MarginsMcCormick’s Comprehensive Continuous Improvement program remains a key profit trend. The program supports cost discipline, productivity gains and operational efficiency across the business.

That matters because the company is still facing commodity cost pressure, cautious consumer spending and costs tied to the Middle East conflict. Productivity savings help offset those headwinds while funding brand marketing, technology and innovation.

The latest quarter showed the impact of that discipline. Adjusted gross margin expanded 270 basis points to 40.2%, while underlying gross margin expanded 130 basis points after excluding the tariff refund benefit.

Adjusted operating income rose 30.1% to $336.4 million, or 27.3% in constant currency. Margin progress across both segments suggests that cost savings are helping protect earnings power.

Image Source: Zacks Investment Research

MKC Deal Strategy Could Reshape GrowthPortfolio expansion is another important trend for McCormick. The acquisition of an additional 25% ownership interest in McCormick de Mexico gave the company a 75% controlling interest and added a broader platform in Mexico and Latin America.

That transaction was a major driver of reported second-quarter sales growth. McCormick de Mexico contributed 12.3 percentage points to total sales growth, showing how acquisitions can reshape results when organic growth remains modest.

The proposed Unilever Foods combination could be more transformative. The deal is expected to broaden McCormick’s global flavor portfolio, expand customer reach and strengthen innovation capabilities.

Management also expects about $600 million in annual run-rate cost synergies, net of growth reinvestments. Those synergies could strengthen the global platform if execution remains on track.

McCormick Trend Signals Await Zacks BackingThe bottom line is that McCormick has constructive operating trends, including resilient flavor demand, health-focused innovation, cost savings and portfolio expansion. The stock currently carries a Zacks Rank #4 (Sell). Those strengths support a measured long-term view, even as consumer volumes and organic growth still need improvement.

A Neutral stance fits that balance. MKC has credible operating levers, but soft Consumer volume, commodity pressure and cautious spending keep the trend story from becoming a clean upside case. 

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-07-02 14:00 1mo ago
2026-07-02 09:21 1mo ago
MKC Stock Outlook Hinges on Pricing Power and Flavor Demand Trends
MKC McCormick & Co
FMP Stock News
Original source text
Key Takeaways MKC benefits from resilient flavor demand tied to home cooking, wellness, protein and meal exploration.MKC's Q2 organic sales rose 1.7%, driven mainly by pricing, while total volume and mix fell 0.5%.MKC expanded adjusted gross margin 270 basis points as pricing, productivity and tariff refunds helped. McCormick & Company, Incorporated (MKC - Free Report) gives investors a clear trade-off. The company continues to benefit from resilient flavor demand, disciplined pricing and better execution.

At the same time, organic growth remains modest. Consumer volumes are still soft in parts of the business, making the next phase of growth dependent on innovation, distribution gains and value-focused marketing.

MKC Leans on Resilient Flavor DemandFlavor remains a durable category for McCormick. Demand is supported by home cooking, health and wellness priorities, protein consumption and consumers’ interest in affordable meal exploration. Those trends give the company relevance across retail and foodservice.

Younger consumers also matter to the long-term case. McCormick is using flavor platforms, heat, recipe mixes and value-oriented innovation to expand household penetration. In Flavor Solutions, beverage, protein, better-for-you, snacking and zero-sugar projects broaden the same opportunity across customer channels.

The Kraft Heinz Company (KHC - Free Report) is a useful packaged-food comparison because investors are also watching how established brands defend relevance in value-conscious categories. General Mills, Inc. (GIS - Free Report) faces a similar focus on brand investment, innovation and consumer spending sensitivity.

McCormick Uses Pricing to Defend GrowthPricing remained a key support for recent sales growth. In the second quarter of fiscal 2026, organic sales increased 1.7%, driven primarily by a 2.2% pricing contribution. Total volume and mix declined 0.5%, showing that price realization carried much of the organic gain.

The Consumer segment shows the same tension. Organic sales rose 0.8%, helped by a 2.7% pricing benefit, while volume and mix declined 1.9%. Flavor Solutions delivered 2.9% organic sales growth, with pricing of 1.5% and volume growth of 1.4%.

That pricing discipline has helped protect revenues in an inflationary environment. Investors still need to watch whether pricing can continue offsetting uneven demand, especially as value-seeking consumers compare branded products with lower-priced alternatives.

MKC Margin Gains Reflect Better ExecutionProfitability improved meaningfully in the second quarter. Adjusted gross profit increased 25% to $778.2 million, while adjusted gross margin expanded 270 basis points to 40.2%. Excluding the tariff refund benefit, underlying gross margin still expanded 130 basis points.

Adjusted operating income rose 30.1% to $336.4 million, or 27.3% in constant currency. Consumer adjusted operating income increased 33%, while Flavor Solutions adjusted operating income rose 26%, showing margin progress across both segments.

The improvement reflected pricing, acquisition accretion, tariff refund benefits and productivity savings from McCormick’s Comprehensive Continuous Improvement program. Higher commodity costs remained an offset, but the quarter gave investors a clearer view of how management is protecting earnings power.

McCormick Builds on Innovation and BrandsMcCormick is leaning on brand investment and innovation to support the second half of fiscal 2026. Plans include expanded distribution, packaging renovation, targeted value-focused marketing, refined revenue growth management and product innovation.

Recent actions include seasoning blend renovation, price-pack architecture improvements, finishing sugars and salts, and new Cholula sauces. These efforts are aimed at improving value perception, broadening usage occasions and keeping McCormick’s brands relevant for consumers seeking affordable flavor upgrades.

In Flavor Solutions, innovation is tied to beverage, protein, snacking, better-for-you and zero-sugar categories. A majority of second-quarter briefs were linked to health and wellness innovation or renovation, giving the company another path to participate in consumer demand beyond the retail spice aisle.

MKC Signals Mixed Rating MetricsThe bottom line is that McCormick’s operating case remains credible, but not yet clean. The company has durable category exposure, pricing power, improving margins and innovation support. It also faces soft consumer volumes, modest organic growth and ongoing cost pressure.

This Zacks Rank #4 (Sell) stock’s valuation framework carries a Neutral view, with MKC trading at 16.18X forward 12-month earnings, above the Zacks sub-industry multiple of 14.09X but below the S&P 500’s 21.13X. That setup suggests the market is recognizing some stability while still waiting for stronger organic demand signals.

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

Image Source: Zacks Investment Research
2026-07-02 14:00 1mo ago
2026-07-02 09:00 1mo ago
Lucid Announces Q2 Production and Deliveries, Leadership Actions to Improve Execution
LCID Lucid Group
FMP Stock News
Original source text
Company simplifies leadership structure and appoints key leaders across finance, technology, customer, transformation and digital functions NEWARK, Calif., July 2, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced production and delivery totals for the quarter ended June 30, 2026.
2026-07-02 14:00 1mo ago
2026-07-02 09:05 1mo ago
Lucid names new CFO in latest executive shakeup, misses quarterly delivery estimates
LCID Lucid Group
FMP Stock News
Original source text
Lucid Group missed second-quarter delivery estimates on Thursday and named Alexander De Bock as its new finance chief, the latest ​leadership change at the struggling electric-vehicle maker since it ‌appointed a new CEO in April.
2026-07-02 14:00 1mo ago
2026-07-02 09:06 1mo ago
LUCID GROUP SECURITIES FRAUD NOTICE: Berger Montague Informs Lucid Group, Inc. (LCID) Investors of a Securities Fraud Lawsuit
LCID Lucid Group
FMP Stock News
Original source text
Philadelphia, Pennsylvania--(Newsfile Corp. - July 2, 2026) - National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against Lucid Group, Inc. (NASDAQ: LCID) ("Lucid" or the "Company") on behalf of investors who purchased or acquired Lucid common stock during the period from February 25, 2026 through April 13, 2026 (the "Class Period").

Investor Deadline: Investors who purchased or acquired Lucid common stock during the Class Period may, no later than July 28, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.

The Company, headquartered in Newark, Calif., is an electric-vehicle maker that develops its own EV powertrains and battery systems and currently sells the Lucid Air sedan and the Lucid Gravity SUV.

The complaint alleges that Defendants failed to disclose that: (i) a vendor-supplied component defect - later identified as a problem with the Lucid Gravity's second-row seats - was already curtailing deliveries of the model, including a February 2026 stoppage in which Lucid unwound an unauthorized supplier change and re-checked cars it had already built; and (ii) Defendants had accordingly painted an overly favorable picture of Lucid's manufacturing, delivery, and operational performance, leaving the Company headed for a far weaker first quarter than investors were led to expect.

A series of disclosures in April and May 2026 revealed a supplier quality issue that had significantly impacted the delivery of Lucid's SUV, the Gravity, since February. When the share price reacted negatively to the news, investors suffered heavy losses.

If you are a Lucid 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303701

Source: Berger Montague

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2026-07-02 13:59 1mo ago
2026-07-02 08:50 1mo ago
Grabar Law Office Investigates Claims on Behalf of Shareholders of ZoomInfo Technologies, Inc. (GTM)
ZI ZoomInfo Technologies
FMP Stock News
Original source text
Philadelphia, Pennsylvania--(Newsfile Corp. - July 2, 2026) - Grabar Law Office is investigating claims on behalf of shareholders of ZoomInfo Technologies, Inc. (NASDAQ: GTM).

WHAT IS HAPPENING? Grabar Law Office is investigating whether certain officers and directors of ZoomInfo breached the fiduciary duties they owed to the company.

If you purchased ZoomInfo Technologies, Inc. (NASDAQ: GTM), shares prior to November 3, 2025, and still hold shares today, you can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. Visit https://grabarlaw.com/the-latest/zoominfo2-shareholder-investigation/, contact Joshua Grabar at [email protected], or call 267-507-6085 to learn more.

WHY? As alleged in a recently filed securities fraud class action complaint, ZoomInfo Technologies, Inc. (NASDAQ: GTM), through certain of its executives, violated federal securities laws by making false and/or misleading statements when they repeatedly assured investors that: ZoomInfo's business was experiencing improving growth; customer retention was strengthening; enterprise ("upmarket") demand was accelerating; AI products such as Copilot, GTM Workspace, GTM Studio, and Operations were driving meaningful adoption and future growth; the Company was well-positioned to benefit from the transition to AI-powered go-to-market software; and the Company's financial guidance accurately reflected its business prospects.

It is alleged that these statements were materially misleading because defendants allegedly concealed deterioration in the core business by allegedly failing to disclose that: ZoomInfo's legacy seat-based subscription business was slowing; customer retention-particularly among downmarket customers-was weakening; customers were increasingly moving toward consumption-based pricing models rather than traditional seat licenses; customers were increasingly developing their own internal AI-driven go-to-market capabilities; and these trends were materially impairing the Company's future growth prospects despite management's optimistic public statements.

WHAT CAN YOU DO NOW? If you purchased ZoomInfo Technologies, Inc. (NASDAQ: GTM), shares prior to November 3, 2025, and still hold shares today, you are encouraged to visit https://grabarlaw.com/the-latest/zoominfo2-shareholder-investigation/, contact Joshua Grabar at [email protected], or call 267-507-6085. You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever.

#ZoomInfo #GTM $GTM

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Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel: 267-507-6085
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303732

Source: Grabar Law Office

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2026-07-02 13:59 1mo ago
2026-07-02 09:00 1mo ago
ZoomInfo Technologies Inc. (GTM) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
ZI ZoomInfo Technologies
FMP Stock News
Original source text
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of ZoomInfo Technologies Inc. (“ZoomInfo” or the “Company”) (NASDAQ: GTM) investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ZOOMINFO TECHNOLOGIES INC. (GTM), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Happened?

On May 11, 2026, after market hours, ZoomIngo released its first quarter 2026 financial results, revealing that the Company was reducing its revenue guidance, realigning its downmarket business, laying off 20% of its workforce, and expecting to incur approximately $45-60 million in restructuring costs due, in part, to “a trend of AI and agentic confusion in [the Company’s] customer conversations.”

On this news, ZoomInfo’s stock price fell $1.98, or 32.8%, to close at $4.06 per share on May 12, 2026, thereby injuring investors.

Contact Us To Participate or Learn More:

If you purchased ZoomInfo securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: [email protected],
Visit our website at: www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

More News From Law Offices of Howard G. Smith
2026-07-02 13:59 1mo ago
2026-07-02 09:05 1mo ago
Corning Just Dropped 13% in a Day. Is the AI Fiber Boom Cracking, or Is This Just Profit-Taking?
GLW Corning
FMP Stock News
Original source text
Corning's (NYSE:GLW | GLW Price Prediction) 13.6% single-day drop is being looked at as a crack in the AI fiber thesis by many.
2026-07-02 13:59 1mo ago
2026-07-02 08:15 1mo ago
Coty Sharpens Leadership Structure and Operating Model Under Coty.Curated
COTY Coty
FMP Stock News
Original source text
NEW YORK--(BUSINESS WIRE)--Regulatory News:

Today, Coty Inc. (NYSE: COTY) (Paris: COTY) announced a set of organizational changes that advance its Coty.Curated strategy by bringing commercial decision-making closer to the center and enabling the company to move faster.

Executive Chairman and interim CEO Markus Strobel will take direct control of Prestige commercial operations, with Coty’s regional leaders reporting to him. The change brings leadership closer to the markets, speeds up decision-making, and sharpens accountability for sell-out and market share.

As part of these changes, Coty will integrate Prestige R&D and sustainability with supply chain into one simplified function under the interim leadership of Graeme Carter, Chief Supply Chain Officer. Bringing prestige innovation, sustainability, and supply chain together under one leader streamlines how the company develops and delivers behind its core businesses. Gordon von Bretten, President of Consumer Beauty, will continue to drive an already integrated model in Consumer Beauty.

Caroline Andreotti, Chief Commercial Officer Prestige, will leave Coty at the end of September after three years in the role and almost two decades with the company. She shaped Coty’s global commercial strategy, its relationships with key customers and partners, and its leadership in prestige.

Dr. Shimei Fan, Chief Scientific and Sustainability Officer, will leave Coty at the end of August. She led the company’s R&D organization and sustainability agenda, helped launch key innovations, and oversaw significant progress including multiple ESG ratings upgrades and the first approval of Coty’s science-based carbon reduction targets by the SBTi.

Markus Strobel, Executive Chairman and interim CEO, said: “Coty.Curated is about clarity and focus, and a simpler operating model helps us deliver on that. It positions us to keep building behind our core brands and to support our teams as the business moves forward. I want to thank Caroline and Shimei for their leadership and their many years of contribution to Coty, and wish them every success for their future endeavors.”

People and Purpose leadership transition

Priya Srinivasan, Chief People and Purpose Officer, has decided to step down for personal reasons and will leave Coty in August. She led the global people function, including leadership development and engagement, and played an important role in advancing Coty’s talent agenda.

Séverine Charbon will join Coty as Chief People and Purpose Officer effective September 1. She brings more than 25 years of international experience in talent strategy and organizational transformation, most recently as Chief Talent Officer International at Publicis Groupe.

Strobel added: “Priya has been a thoughtful and trusted leader, and a real champion of our people and culture. She has strengthened how we develop talent, deepened employee engagement, and helped make Coty a place where people can do their best work. We are grateful for everything she has given to Coty and wish her the very best in the future. We now look forward to Séverine joining Coty at this important time and continuing to build on the strong foundations in place.”

ABOUT COTY INC.

Founded in Paris in 1904, Coty is one of the world’s largest beauty companies, with a portfolio of beloved brands across fragrance, color cosmetics, and skin and body care. Coty serves consumers around the world, selling prestige and mass‑market products in over 120 countries and territories. Together with its brands, Coty empowers people to express the beauty of their individuality – and is committed to transforming the beauty industry to become more sustainable and inclusive through its Beauty That Lasts strategy.

Learn more at coty.com or follow us on LinkedIn and Instagram.
2026-07-02 13:58 1mo ago
2026-07-02 07:30 1mo ago
Kartoon Studios Adopts Limited Duration Stockholder Rights Plan
TOON Kartoon Studios
FMP Stock News
Original source text
July 02, 2026 07:30 ET  | Source: Kartoon Studios

BEVERLY HILLS, Calif., July 02, 2026 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) (“Kartoon Studios” or the “Company”) today announced that its Board of Directors has unanimously adopted a limited duration stockholder rights plan (the “Rights Plan”) and declared a dividend distribution of one right for each outstanding share of common stock. The record date for such dividend distribution is July 13, 2026. The Rights Plan has not been adopted in response to any specific takeover bid or other proposal to acquire control of Kartoon Studios.

Additional information regarding the Rights Plan will be contained in a Form 8-K to be filed by Kartoon Studios with the U.S. Securities and Exchange Commission (SEC) which will be available on the SEC’s web site at www.sec.gov. Copies are also available at no charge at the Investor Relations section of Kartoon Studios’ corporate website at www.kartoonstudios.com.

About Kartoon Studios

Kartoon Studios (NYSE AMERICAN: TOON) is a global leader in children’s and family entertainment, delivering premium content and high-value animated intellectual property to millions of viewers worldwide. The Company’s portfolio features globally recognized brands, as well as holding a controlling interest in Stan Lee Universe, and operates Mainframe Studios, one of North America’s largest animation producers, with more than 22,000 minutes of award-winning programming delivered.

Through its Toon Media Networks division including Kartoon Channel!, Ameba, Kartoon Channel Worldwide and Frederator, Kartoon Studios reaches audiences across linear television, AVOD, SVOD, FAST channels, and top streaming platforms. Kartoon Channel! is consistently rated as the #1 kids’ streaming app on the Apple App Store. With a global distribution footprint in over 60 territories, and a robust content pipeline, Kartoon Studios is being positioned for sustained growth and long-term shareholder value. For more information, visit www.kartoonstudios.com.

Important Cautions Regarding Forward-Looking Statements

Certain statements in this press release which are not historical facts may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and are subject to various risks and uncertainties. Words such as “anticipate,” “believe,” “demonstrate,” “expect,” “estimate,” “forecast,” “intend,” “likely” and “should” and similar expressions identify forward-looking statements. Forward-looking statements in this document may include, but are not limited to, the statements regarding being positioned for sustained growth and long-term shareholder value. Such forward-looking statements are based upon Kartoon Studios’ current plans, estimates, and expectations and are not a representation that such plans, estimates, or expectations will be achieved. Because such statements include risks, uncertainties, and contingencies, actual events may differ materially from the expectations, intentions, beliefs, plans, or predictions of the future expressed or implied by such forward-looking statements. These risks, uncertainties, and contingencies include, but are not limited to, the Company’s ability to execute its intellectual property-driven growth model; general economic and financial conditions; and the effectiveness of the Rights Plan. Other potential risk factors include the risk factors discussed under the heading “Risk Factors” under ITEM 1A of Part 1 of Kartoon Studios’ Annual Report on Form 10-K for the fiscal year ended December 31, 2025 filed with the SEC on March 31, 2026 and as updated from time to time in other filings with the SEC, which are available at http://www.sec.gov. There may be other factors that may cause actual events to differ materially from the forward-looking statements. All information provided in this press release is as of the date hereof and Kartoon Studios undertakes disclaims any obligation to update publicly any information for any reason, except as required by law, even as new information becomes available or other events occur in the future.

MEDIA CONTACT:
[email protected]

INVESTOR RELATIONS CONTACT:
[email protected]
2026-07-02 13:56 1mo ago
2026-07-02 07:44 1mo ago
NetApp: Share Gains Will Determine The Next Leg Higher
NTAP NetApp
FMP Stock News
Original source text
NetApp is rated a buy with an FY 2027 price target of $178, implying 14% upside driven by AI-focused data center tailwinds. NTAP posted robust Q4 results: 12% YoY revenue growth, 71.5% non-GAAP gross margin, and $1.87B in free cash flow, signaling strong fundamentals. Management guides for 8% FY 2027 revenue growth; further upside hinges on NTAP achieving market share gains over competitors like Dell and Everpure.
2026-07-02 13:56 1mo ago
2026-07-02 08:20 1mo ago
NetApp: Enterprise AI Demand Is Creating A Materially New Growth Trajectory
NTAP NetApp
FMP Stock News
Original source text
NetApp offers a differentiated entry into AI infrastructure, avoiding the high multiples seen in chip stocks. NTAP has surged ~45% in 2026, driven by a sharp market shift toward storage and a tripling of its growth rates. I reiterate a buy rating, citing robust recurring business as enterprises build and deploy AI applications with NTAP solutions.
2026-07-02 13:56 1mo ago
2026-07-02 08:30 1mo ago
Rivian Releases Q2 2026 Production and Delivery Figures, Raises Full Year Delivery Outlook and Sets Date for Second Quarter 2026 Financial Results
RIVN Rivian Automotive
FMP Stock News
Original source text
IRVINE, Calif.--(BUSINESS WIRE)--Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter ending June 30, 2026. The company produced 12,613 vehicles at its manufacturing facility in Normal, Illinois and delivered 12,194 vehicles during the same period. Delivery results topped Rivian's outlook of 9,000 to 11,000 vehicles for the quarter due to robust growth quarter-over-quarter in EDV and R1 coupled with the introduction of R2 deliveries.

As a result of the progress Rivian has made, and the production and delivery outlook for the second half of the year, the company is today raising its full year 2026 delivery guidance from 62,000 - 67,000 vehicles, to 65,000 - 70,000.

ShareAs a result of the progress Rivian has made, and the production and delivery outlook for the second half of the year, the company is today raising its full year 2026 delivery guidance from 62,000 - 67,000 vehicles, to 65,000 - 70,000.

The company also announced that on July 30, 2026, after market close, it will release its second quarter 2026 financial results. Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance and outlook for the business. The live webcast will be available at https://rivian-q2-earnings-webcast-2026.open-exchange.net/ and a replay will be available for four weeks at www.rivian.com/investors following the webcast.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding our annual delivery outlook.

We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition, and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements, including, but not limited to, the important factors discussed in Part II, Item 1A, “Risk Factors” in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and our other filings with the Securities and Exchange Commission. The forward-looking statements in this press release are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

About Rivian:

Rivian (NASDAQ: RIVN) is an American automotive technology company that develops and manufactures category-defining electric vehicles as well as vertically integrated technologies and services. Through innovation across its electrical architecture, end-to-end software, autonomous driving platform, artificial intelligence, and propulsion, the company creates vehicles that excel at work and play with the goal of accelerating the global transition to zero-emission transportation and energy. Rivian vehicles are manufactured in the United States and are sold directly to consumer and commercial customers. Whether taking families on new adventures or electrifying fleets at scale, Rivian vehicles all share a common goal — preserving the natural world for generations to come.
2026-07-02 13:56 1mo ago
2026-07-02 08:30 1mo ago
Rivian raises EV sales forecast as Q2 production ramps up
RIVN Rivian Automotive
FMP Stock News
Original source text
Rivian is telling investors that it might see a better sales year than it expected, despite the many headwinds working against electric vehicles in the U.S. right now.

Rivian previously said it would ship between 62,000 and 67,000 vehicles this year, but the company now expects to deliver between 65,000 and 70,000 vehicles, the company said on Thursday.

It’s a small but potentially meaningful bump for the company, which only shipped 42,247 electric vehicles last year. The new forecast comes as EV sales growth has cooled off in the U.S., driven in part by Congress killing the $7,500 federal EV tax credit, and President Trump’s administration axing environmental regulations that encouraged the production and purchase of electric vehicles.

The new forecast could be a sign that the company’s high expectations for its brand new mass-market EV, the R2 SUV, are justified.

Rivian didn’t offer a specific reason for this newfound confidence, only saying it outperformed its own expectations in the second quarter thanks to “robust growth quarter-over-quarter in EDV and R1, coupled with the introduction of R2 deliveries.” (EDV is the name Rivian uses for its electric commercial van.)

Rivian said on Thursday that it built 12,613 vehicles last quarter and delivered 12,194. It had only expected to ship between 9,000 and 11,000.

Rivian has high hopes for the new R2 SUV, which it starting selling last month, starting at around $58,000. The company has expanded its factory in Normal, Illinois, to produce them, and is also building an entirely new production facility in Georgia as it works to manufacture hundreds of thousands of R2s per year.

Rivian hasn’t explicitly said how many R2s it expects to sell this year, but the company’s chief financial officer Claire McDonough has mentioned a range of 20,000 to 25,000 units. It’s unclear if that number has now increased along with the new forecast bump, or if the company expects the excess deliveries to come from its commercial vans and more expensive R1 line of trucks and SUVs.

Either way, more deliveries this year would be good news for Rivian’s bottom line, as the company is still working its way out of a multibillion-dollar hole. The company had said it may finally turn a regular profit in 2027, but it recently pushed that goal off to invest in developing autonomous software, mostly because it now has a deal to supply self-driving R2 SUVs to Uber.

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

Sean O’Kane is a reporter who has spent a decade covering the rapidly-evolving business and technology of the transportation industry, including Tesla and the many startups chasing Elon Musk. Most recently, he was a reporter at Bloomberg News where he helped break stories about some of the most notorious EV SPAC flops. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.

You can contact or verify outreach from Sean by emailing [email protected] or via encrypted message at okane.01 on Signal.
2026-07-02 13:56 1mo ago
2026-07-02 08:30 1mo ago
Rivian raises 2026 delivery outlook after strong demand in the second quarter
RIVN Rivian Automotive
FMP Stock News
Original source text
watch now

Electric vehicle makers Rivian Automotive and Lucid Group reported second-quarter delivery results Thursday with mixed results.

Rivian raised its 2026 delivery guidance range after seeing stronger-than-expected demand for its electric vehicles during the second quarter, while Lucid missed Wall Street expectations and its new CEO Silvio Napoli announced a shakeup of the company's leadership team.

Rivian said it now expects to deliver between 65,000 and 70,000 vehicles this year, up from a prior forecast of between 62,000 and 67,000 units.

Rivian stock rose roughly 6% in early trading Thursday.

Rivian, Lucid and Tesla stocks

Rivian also said Thursday it produced 12,613 vehicles and delivered 12,194 units during the second quarter. The second quarter deliveries are higher than FactSet's analyst consensus of 11,0000 units and the company's previous outlook, which called for delivering between 9,000 and 11,000 EVs.

Rivian, which will report its second-quarter financial results July 30, said higher deliveries during the second quarter were driven by its electric delivery van and flagship R1 products.

The company also started delivering its midsize R2 SUV during the quarter. It's ramping up production of that vehicle at its sole production plant in Normal, Illinois, which has capacity to produce 160,000 of the vehicles annually.

Lucid reported producing 4,774 vehicles and delivering 3,953 vehicles during the second quarter. The deliveries were below Wall Street's expectations of 5,000 units, according to FactSet.

Read more CNBC auto newsFord CEO wants level playing field with Toyota, GM imports as USMCA trade talks reopenTesla reports 480,126 vehicle deliveries for second quarter, topping expectationAutomakers report mixed U.S. sales results as hybrid vehicles drive marketU.S. auto industry faces increased uncertainty without extension of USMCA trade dealAlong with the deliveries, the company announced a new leadership team under Napoli, who started overseeing the company in June. Lucid said the new format is meant to "simplify the company's structure" and cuts the number of direct reports to the CEO in half.

Most notably, Lucid CFO Taoufiq Boussaid will leave the company after a handover to his successor Alexander De Bock, who most recently served as CFO of automotive supplier TI Automotive.

"We are simplifying the organization, strengthening leadership, enforcing accountability and aligning our structure with the priorities that matter most: customers, quality, and innovation," Napoli said in a release.

EV leader Tesla, meanwhile, reported 480,126 vehicle deliveries for second quarter, topping expectations. The company doesn't break out exact delivery numbers by region or individual model, but it said its entry-level Model 3 sedan and most popular Model Y SUVs accounted for 467,762.

— CNBC's Lora Kolodny contributed to this report.
2026-07-02 13:56 1mo ago
2026-07-02 08:34 1mo ago
Rivian raises 2026 delivery forecast on strong demand, R2 boost
RIVN Rivian Automotive
FMP Stock News
Original source text
The logo of electric truck company Rivian is shown at the LA Auto show "AutoMobility LA" in Los Angeles, California, U.S. November 20, 2025. REUTERS/Mike Blake Purchase Licensing Rights, opens new tab

SummaryCompaniesLifts annual delivery forecast after beating Q2 estimatesDelivery vans, R1 models fuel growthAffordable R2 ​seen expanding customer baseJuly 2 (Reuters) - Rivian Automotive (RIVN.O), opens new tab raised its annual delivery forecast ‌on Thursday, betting on strong demand for its electric delivery vans and R1 SUVs and pickup trucks, as well as a boost from its newly launched, more affordable model — the R2.

Shares ​of the Irvine, California-based EV maker rose more than 5% in early ​trading after its second-quarter deliveries also beat analysts' estimates.

Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here.

The raised forecast reflects ⁠Rivian's expectation that its lower-priced R2 SUVs will help drive sales, despite lingering ​affordability concerns following last year's expiration of federal EV tax credits.

The smaller R2 SUVs, whose ​production began in April, are central to the company's growth plans and are expected to compete with Tesla's (TSLA.O), opens new tab best-selling Model Y.

Rivian now expects 2026 deliveries between 65,000 and 70,000 vehicles, up from ​its earlier forecast of 62,000 to 67,000. Fifteen analysts polled by Visible Alpha ​estimate the company will deliver 63,138 vehicles this year.

Rivian saw second-quarter deliveries rise over 14% ‌to 12,194 ⁠vehicles, beating Visible Alpha estimates of 10,518, helped by robust demand for its delivery vans and R1 models and the introduction of the R2.

It will need to deliver about 45,000 more vehicles in the second half of 2026 to hit the midpoint of ​its revised full-year target.

The ​R2 has also ⁠drawn interest beyond retail buyers. In March, Uber (UBER.N), opens new tab said it would invest up to $1.25 billion in Rivian (RIVN.O), opens new tab as part of ​a deal to deploy 10,000 fully autonomous R2 SUVs as robotaxis ​from 2028.

While ⁠the launch variant was priced from $57,990, a premium R2 version is expected to be available for $53,990 later this year, followed by a rear-wheel-drive model early next year.

A much-anticipated $45,000 variant is slated ⁠for ​release by late 2027. Rivian is also developing undisclosed ​variants of the R2, including a possible performance version.

Meanwhile, Tesla posted stronger-than-expected deliveries in the second quarter, helped ​by recovering demand in Europe.

Reporting by Anhata Rooprai in Bengaluru; Editing by Jonathan Ananda

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-07-02 13:56 1mo ago
2026-07-02 09:15 1mo ago
Rivian Is Up 5% Today: Is It Outperforming Other EV Stocks Like Tesla and Lucid?
RIVN Rivian Automotive
FMP Stock News
Original source text
Shares of Rivian Automotive (NASDAQ:RIVN | RIVN Price Prediction) are up 11% in early trading Thursday to $19 and change, standing out as the clear leader among electric vehicle names on July 2. The move follows the company’s release of Q2 2026 production and delivery figures before the open, handing Rivian its first genuine company-specific catalyst in weeks.

For context, Tesla (NASDAQ:TSLA) stock is up 1% to $429.58, while Lucid Group (NASDAQ:LCID) stock is down 2% to $6.50. Neither peer has a fresh company-specific catalyst this morning, which frames their moves as modest participation rather than independent rallies.

Rivian stock was down 13% year to date heading into Thursday morning, so today’s pop softens the year’s damage rather than erasing it. Meanwhile, Tesla stock was down 5% year to date and Lucid stock was down 37% year to date, meaning all three EV names remain in the red for the year even with Rivian topping the leaderboard on July 2.

Delivery Beat and Raised Guidance Fuel the Rally Rivian produced 12,613 vehicles and delivered 12,194 in the quarter ended June 30, topping its own delivery outlook of 9,000 to 11,000 vehicles. The beat was helped by quarter-over-quarter growth in EDV and R1, along with the introduction of R2 deliveries during the period.

Just as importantly, Rivian raised its full-year 2026 delivery guidance to 65,000 to 70,000 vehicles, up from 62,000 to 67,000. The R2 ramp is the key growth and demand driver here, and management’s willingness to lift the range signals real confidence in near-term customer uptake for the lower-priced SUV.

Rivian’s Q1 2026 report already hinted at this momentum. The company delivered 10,365 units, revenue came in at $1.38 billion, and adjusted EPS was -$0.54, beating the -$0.7162 consensus. Furthermore, Software and Services revenue at Rivian jumped 49% year over year (YoY) to $473 million, aided by the Volkswagen joint venture.

Capital is no longer the acute worry it was a year ago. Rivian received a $1 billion Volkswagen (OTC:VWAGY) equity infusion, has a $4.5 billion Department of Energy loan secured for its Georgia facility, and expects a $300 million initial Uber equity investment in Q2 2026 tied to the R2 robotaxi program.

Tesla Participates, Lucid Sits Out Tesla shares are participating modestly, trading up 1% with no fresh company-specific news this morning. The prediction markets on Polymarket price a 68% probability that Tesla closes higher on July 2, so the tape is leaning positive for Tesla without a single dominant story.

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

Lucid stock is down today and remains the group laggard for the year. The company’s most recent reported quarter showed deliveries of 5,345 vehicles alongside an adjusted loss of $3.08 per share that missed expectations, and there’s no new catalyst pushing Lucid stock today.

The read-through is straightforward: Rivian is the standout on July 2 because the automaker has a real, company-specific share-price driver that’s not helping Tesla or Lucid. Today’s outperformance from Rivian is a single-session story, not a year-long trajectory indicator.

What to Watch Now Rivian will report its Q2 2026 financial results on July 30 after the close, which is the next scheduled data point that could confirm or challenge today’s momentum. The margin picture on those Q2 deliveries will matter more than the volume beat, given the mix shift toward R2 and Rivian’s continued cash burn.

The bull case for Rivian is clear. The delivery beat, raised guidance, and R2 ramp point to genuine volume growth and potential operating leverage as the Normal, Illinois plant scales. Insider activity leans supportive too, with 28 recent RIVN insider transactions netting to buying, and analyst ratings tilt positive at 11 buys, 10 holds, and 5 sells.

The bear case is equally real, though. Rivian remains unprofitable, burned through $1.08 billion in free cash flow in Q1 2026 alone, and faces meaningful R2 execution risk in a choppy EV demand environment.

The July 30 report is the next real test. Rivian shares are historically volatile, so investors should consider keeping their position sizes modest and treating today’s spike as a catalyst-driven move rather than a reset of the year-to-date trend.

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

Contact [email protected] for any questions or corrections.
2026-07-02 13:56 1mo ago
2026-07-02 09:51 1mo ago
Rivian Stock Rises as EV Demand Rebounds on Higher Gas Prices
RIVN Rivian Automotive
FMP Stock News
Original source text
Rivian reports second-quarter deliveries of 12,194 vehicles. Wall Street was looking for about 11,000 vehicles.
2026-07-02 13:55 1mo ago
2026-07-02 08:20 1mo ago
Robinhood and 4 More Stocks That Were Just Added to This Firm's ‘Top Picks' List
HOOD Robinhood
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Robinhood Markets is added as a top stock for July. Micron and Oracle are among Mizuho Securities' top picks for the month.
2026-07-02 13:55 1mo ago
2026-07-02 09:03 1mo ago
Stock Futures Surge as June Jobs Data Deflates Rate-Hike Fears
HOOD Robinhood
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Futures on the Nasdaq-100 (NDX), Dow Industrial Average (DJI), and S&P 500 (SPX) are surging, as markets look to close out the holiday-shortened week on a high note. Keeping gains in check is Alphabet (GOOGL), however, the Magnificent 7 name sinking after an appeal to a $4.7 billion antirust fine was denied.

Nonfarm payrolls for June rose to 57,000 for the month, sharply missing expectations of 115,000 and coming in below May's 129,000. Unemployment slipped to at 4.2%, just shy of forecasts of 4.3%. The report has investors encouraged that interest rate hikes are now potentially off the table for the time being. Meanwhile, Bitcoin (BTC) is enjoying a nearly 2% surge and crude prices continue to slip, eyeing a fourth-straight weekly drop.

Continue reading for more on today's market, including:

Signal: this blue-chip oil stock is ripe for a bounce. What's on deck for July's first full trading week. Plus, HOOD tailwinds blowing; Palantir pops on upgrade; and AVAV in rally mode.

5 Things You Need to Know Today The Cboe Options Exchange saw roughly 2.8 million call contracts and 1.9 million put contracts traded on Wednesday. The single-session equity put/call ratio rose to 0.69, while the 21-day moving average remained at 0.58.  Robinhood Markets Inc (NASDAQ:HOOD) stock is surging 3% before the opening bell, enjoying a halo lift from Bitcoin (BTC) and a price-target hike to $130 from $115 at Mizuho. Should these premarket gains hold, HOOD will be testing its year-to-date breakeven level. Shares of Palantir Technologies Inc (NASDAQ:PLTR) are 3.9% higher ahead of the open, after D.A. Davidson upgraded the software stock to "buy" from "neutral. The firm cited attractive entry point for the bull note. PLTR has underperformed in 2026, down 29% and trying to bounce off its June 25 52-week lows of $106.37. AeroVironment, Inc (NASDAQ:AVAV) stock is enjoying a 5.5% lift in electronic trading, after the dronemaker landed a contract with the U.S. Army, valued at $500 million to develop counter-drone technologies. AVAV has struggled over the past 12 months, shedding 31%. The holiday-shortened week closes out with a slew of jobs data.

Kospi Slides Nearly 8% on Tech Tumble South Korea’s Kospi was the story in Asia, shedding 7.9%, with tech titans SK Hynix and Samsung the notable laggards. Japan’s Nikkei shed 2.5%, while the Shanghai Composite gave back 2%. Hong Kong’s Hang Seng bucked the regional trend, adding 0.8%, thanks to an outsized move from pharma stocks.

Over in Europe, bourses are strengthening. London’s FTSE 100 was last seen 0.6% higher, while the French CAC 40 is up 1%. The German DAX is up 1.2%, even as the 10-year bond yield rises to 2.9%.
2026-07-02 13:55 1mo ago
2026-07-02 09:07 1mo ago
Eightco Holdings (NASDAQ: ORBS) informa que sus activos totales ascienden a unos 386 millones de dólares
HOOD Robinhood
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- Eightco Holdings (NASDAQ: ORBS) informa que sus activos totales ascienden a aproximadamente 386 millones de dólares, incluyendo OpenAI, Beast Industries, más de 16.000 ETH y más de 283 millones de tokens WLD

Composición de la tesorería de Eightco al 1 de julio de 2026: 90 millones de dólares en acciones de OpenAI (indirectas), 18 millones de dólares en acciones de Beast Industries, 16.278 ETH, 283 millones de tenencias de WLD y 149 millones de dólares en efectivo y equivalentes, lo que suma aproximadamente 386 millones de dólares.

El token Worldcoin (WLD) ya cotiza en Robinhood (NASDAQ: HOOD), consiguiendo ampliar el acceso a millones de usuarios.

OpenAI anunció recientemente la presentación de un formulario S-1 confidencial, preparándose así para su salida a bolsa.

World ofrece una solución al problema de la «doble persona» en un mundo plagado de deepfakes.

Eightco proporciona exposición indirecta a algunas de las empresas privadas más innovadoras, como OpenAI y Beast Industries.

, /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" o "la compañía") proporcionó hoy una actualización sobre sus participaciones totales, destacando su posición en activos digitales e inversiones estratégicas en empresas tecnológicas privadas líderes.

ORBS Holdings & Key Metrics

The ORBS Portfolio Thesis

A fecha de 1 de julio de 2026 a las 4:00 p.m. ET, las tenencias de ORBS incluyen una inversión de 90 millones de dólares (indirectamente, a través de SPV) en OpenAI, una inversión financiada de 18 millones de dólares en Beast Industries, una inversión de 1 millón de dólares en Mythical Games, 283.452.700 Worldcoin (WLD) a 0,36 dólares por WLD (según Coinbase), 16.278 Ethereum (ETH) y aproximadamente 149 millones de dólares en efectivo y stablecoins, para un total de tenencias de aproximadamente 386 millones de dólares.

Principales titulares

La dirección de ORBS considera que la cartera de tesorería de la compañía contiene algunos de los componentes más importantes para el futuro sistema financiero digital y basado en la IA. Los titulares más destacados de esta semana incluyen:

El 30 de junio se anunció que Estados Unidos levantó la prohibición sobre el potente modelo de IA Fable 5 de Anthropic. La prohibición temporal de los modelos más avanzados de Anthropic indica un cambio de enfoque regulatorio, pasando de una gestión permisiva a una más rigurosa, a medida que los sistemas de IA se vuelven lo suficientemente potentes como para requerir una mayor supervisión gubernamental (CNBC). El 1 de julio se dio a conocer que Meta planea crear un negocio en la nube para vender capacidad de computación de IA, con la posibilidad de vender acceso a diversos modelos de IA alojados en la infraestructura de IA existente de Meta (Bloomberg). Según una encuesta realizada a adultos estadounidenses, se estima que 15 millones de personas en Estados Unidos fueron víctimas de estafas, y el 12% de las estafas exitosas involucraron IA o deepfakes (NBC). "La revolución de la IA está trascendiendo los modelos innovadores con el objetivo de convertirse en un ecosistema global más amplio de infraestructura, computación, aplicaciones y formación de capital", afirmó Thomas "Tom" Lee, miembro del Consejo de Administración de Eightco. "A medida que se expanden las capacidades de la IA y la industria de la IA atrae más capital, líderes humanos, como el equipo de OpenAI, toman decisiones cruciales. Esto refleja el papel fundamental que desempeñan las decisiones humanas en nuestro futuro y la importancia de la 'prueba de la intervención humana' para distinguir entre la señal y el ruido provenientes de las máquinas y los provenientes de los humanos".

Eightco: Exposición a megatendencias clave

Eightco se estructura en torno a tres megatendencias que la compañía tiene previsto marcarán la próxima década de innovación: inteligencia artificial, identidad digital y la economía de los creadores. Cuenta con posiciones en cada tendencia mediante inversiones indirectas en OpenAI (23% de las tenencias de tesorería de ORBS), Worldcoin (27%) y Beast Industries (5%).

Inteligencia Artificial — OpenAI

Eightco ha llevado a cabo una inversión aproximada de 90 millones de dólares en vehículos de propósito especial con participación accionaria en la empresa matriz de OpenAI, lo que representa aproximadamente el 23% de los activos de tesorería, una de las mayores concentraciones declaradas entre todos los vehículos cotizados.

ChatGPT, la aplicación de consumo de OpenAI, es la aplicación de IA para consumidores número 1 a nivel mundial (Sensor Tower) y superó los 900 millones de usuarios activos semanales en febrero de 2026, convirtiéndose en la tecnología de consumo de más rápido crecimiento de la historia (UBS vía Reuters).

Identidad Digital — Token WLD

Eightco dispone de más de 283 millones de WLD, aproximadamente el 8,1% del suministro circulante, la mayor posición institucional divulgada públicamente a nivel mundial y aproximadamente el 27% de los activos de la tesorería de Eightco.

Worldcoin es el token nativo de World, una red global de Prueba de Humanidad creada por Tools for Humanity (cofundada por Sam Altman y Alex Blania) y administrada por la Fundación World. Sus dispositivos Orb emiten una World ID que preserva la privacidad y verifica que un usuario es un ser humano único, no un agente de IA.

Según el modelo de negocio anunciado por World, las aplicaciones pagan tarifas por verificación, mientras que la verificación del usuario final sigue siendo gratuita. Tanto los emisores de credenciales como el protocolo World monetizan la autenticación humana verificada. World identifica una oportunidad de ingresos potenciales combinados de 6.350 millones de dólares en 13 sectores, que abarcan banca, comercio electrónico, videojuegos, redes sociales e IA con agentes (según Tools for Humanity).

Economía de creadores: Beast Industries

Eightco ha invertido 18 millones de dólares en acciones de Beast Industries, aproximadamente el 5% de sus activos en tesorería.

Beast Industries opera una de las mayores redes de alcance directo al consumidor del mundo, con una base combinada de más de 500 millones de seguidores en diversas plataformas, con MrBeast como la persona más vista en YouTube a nivel mundial. A medida que la IA convierte la producción de contenido en un bien de consumo, la distribución y la confianza de la audiencia se convierten en activos cada vez más escasos.

Acerca de Eightco Holdings Inc.

Eightco Holdings Inc. (NASDAQ: ORBS) es una empresa que cotiza en bolsa y que está implementando una estrategia de tesorería de Worldcoin (WLD) pionera en su tipo, proporcionando a los inversores exposición indirecta, a través de un solo ticker, a tres de las tendencias que definen este ciclo: inteligencia artificial mediante su inversión indirecta en OpenAI, identidad digital a través de su posición como el mayor poseedor público de WLD y del protocolo Proof of Human, y la economía de los creadores a través de su participación accionaria en Beast Industries de MrBeast. Respaldada por inversores institucionales líderes como Bitmine Immersion Technologies Inc. (NYSE: BMNR), MOZAYYX, World Foundation, CoinFund, Discovery Capital Management, FalconX, Payward/Kraken, Pantera y GSR, Eightco está construyendo la capa de infraestructura para la verificación humana en la era de la IA con agentes.

Si desea más información:
X: @iamhuman_orbs
Página web: 8co.holdings

Preguntas frecuentes

¿Qué son las acciones de ORBS?

Eightco Holdings Inc. (NASDAQ: ORBS) es una empresa que cotiza en bolsa en el Nasdaq. ORBS ofrece exposición indirecta a OpenAI y Beast Industries.

¿Quién posee la mayor cantidad de Worldcoin (WLD)?

Eightco Holdings (NASDAQ: ORBS) cuenta con 283 millones de WLD, aproximadamente el 8,1% del suministro circulante y la mayor posición institucional públicamente divulgada a nivel mundial.

¿Qué es la Prueba de Humanidad?

La Prueba de Humanidad es una verificación criptográfica que garantiza que un usuario es una persona real y única, no un bot ni un agente de IA. Es la infraestructura fundamental para las redes sociales, la banca, el comercio con agentes y cualquier sistema que requiera "una persona, una cuenta" en la era de la IA con agentes.

¿Qué relación tiene Eightco (ORBS) con la Prueba de Humanidad?

Eightco Holdings (NASDAQ: ORBS) es el mayor poseedor institucional público de Worldcoin (WLD), el token que impulsa la red mundial de Prueba de Humanidad.

¿Quién es el consejero delegado de Eightco Holdings?

Kevin O'Donnell es el consejero delegado de Eightco Holdings (NASDAQ: ORBS). Entre los miembros del Consejo de Administración de la compañía se incluye a Tom Lee (socio gerente y director de investigación de Fundstrat, y presidente de Bitmine Immersion Technologies (NYSE: BMNR)) y, como asesor del consejo, a Brett Winton (futurista jefe de ARK Invest).

Declaraciones prospectivas

Este comunicado de prensa contiene declaraciones prospectivas en el sentido de la Ley de Reforma de Litigios sobre Valores Privados de 1995. Todas las declaraciones en este comunicado de prensa que no sean declaraciones de hechos históricos pueden ser consideradas como prospectivas, incluidas, sin limitación, declaraciones sobre: las expectativas de la compañía de que la inteligencia artificial, la identidad digital y la economía del creador darán forma a la próxima década de innovación; la creencia de la compañía de que su cartera de tesorería contiene algunos de los componentes más críticos para el futuro sistema financiero digital y de IA; la creencia de que la liquidez ampliada de WLD mejora la utilidad del token WLD; declaraciones sobre el potencial de una oferta pública inicial de OpenAI después de su presentación de un S-1 confidencial; declaraciones de que la verificación de prueba de humano proporciona infraestructura fundamental para redes sociales, banca, comercio de agentes y cualquier sistema que requiera "una persona, una cuenta" en la era de la IA de agentes; declaraciones de que World ofrece una solución al problema del "doble humano" en un mundo que prolifera con deepfakes; Declaraciones relacionadas con la oportunidad de ingresos potenciales de World de 6,35 billones de dólares en industrias que abarcan banca, comercio electrónico, juegos, redes sociales e IA con agentes; Declaraciones sobre la posición de la compañía como el mayor poseedor institucional de WLD divulgado públicamente a nivel mundial; declaraciones de que la distribución y la confianza de la audiencia se convierten en activos cada vez más escasos a medida que la IA mercantiliza la producción de contenido; y declaraciones sobre la compañía construyendo la capa de infraestructura para la verificación humana en la era de la IA con agentes. Palabras como "planea", "espera", "hará", "anticipa", "continúa", "expande", "avanza", "desarrolla", "cree", "orientación", "objetivo", "puede", "permanece", "proyecta", "perspectiva", "pretende", "estima", "podría", "debería", y otras palabras y términos de significado y expresión similares tienen como objetivo identificar declaraciones prospectivas, aunque no todas las declaraciones prospectivas contienen tales términos. Las declaraciones prospectivas se basan en las creencias y suposiciones actuales de la gerencia que están sujetas a riesgos e incertidumbres y no son garantías de desempeño futuro. Los resultados reales podrían diferir sustancialmente de los contenidos en cualquier declaración prospectiva como resultado de diversos factores, incluyendo, entre otros: la incapacidad de la compañía para dirigir la gestión u operaciones de empresas privadas en las que no sea accionista mayoritario, incluyendo OpenAI y Beast Industries; el riesgo de pérdida o depreciación de las inversiones estratégicas de la compañía, incluyendo su posición indirecta en el capital de OpenAI (mantenida a través de vehículos de propósito especial), su posición en WLD y su posición en el capital de Beast Industries; la capacidad de la compañía para mantener el cumplimiento de los requisitos de cotización continua de Nasdaq; costes, cargos o gastos inesperados que reduzcan los recursos de capital de la compañía o retrasen de otro modo el despliegue de capital; incapacidad para obtener capital suficiente para financiar o ampliar sus operaciones comerciales o inversiones estratégicas; volatilidad en los precios de los activos digitales, incluidos WLD y ETH, que podrían afectar materialmente el valor de las tenencias de tesorería de la compañía; cambios regulatorios, legislación futura y reglamentación que impacten negativamente en los activos digitales, la adopción de inteligencia artificial o la recopilación de datos biométricos; riesgos relacionados con el desarrollo, la adopción y la aceptación en el mercado de la tecnología Proof-of-Human y la red World; incertidumbre con respecto al ritmo y la trayectoria del despliegue de IA agente en aplicaciones empresariales y de consumo; incertidumbre con respecto a la hoja de ruta de productos de OpenAI, desarrollos de modelos de negocio y el momento o éxito de cualquier IPO; riesgos relacionados con la capacidad de Beast Industries para lograr sus proyecciones de crecimiento; competencia en los mercados de identidad digital e infraestructura de IA; dependencia de fuentes de terceros para la valoración de ciertas inversiones; incertidumbre con respecto al éxito continuo de MrBeast y el rendimiento del modelo de negocio impulsado por creadores de Beast Industries; riesgos relacionados con las posiciones concentradas de la compañía en ciertos activos digitales e inversiones en empresas privadas; y los cambios en las posturas públicas y gubernamentales sobre los activos digitales o las industrias relacionadas con la inteligencia artificial. Dados estos riesgos e incertidumbres, se advierte que no se debe confiar indebidamente en dichas declaraciones prospectivas. Para un análisis de otros riesgos e incertidumbres, y otros factores importantes, cualquiera de los cuales podría causar que los resultados reales de Eightco difieran de los contenidos en las declaraciones prospectivas aquí presentadas, consulte los documentos presentados por Eightco ante la Comisión de Bolsa y Valores (la "SEC"), incluidos los factores de riesgo y otras divulgaciones en su Informe Anual en el Formulario 10-K presentado ante la SEC el 15 de abril de 2026 y otros documentos presentados ante la SEC disponibles públicamente. Toda la información en este comunicado de prensa es válida a la fecha de su publicación, y Eightco no asume ninguna obligación de actualizar esta información ni de anunciar públicamente los resultados de cualquier revisión de dichas declaraciones para reflejar eventos o desarrollos futuros, excepto según lo exija la ley.
2026-07-02 13:51 1mo ago
2026-07-02 09:35 1mo ago
Pick These 5 Bargain Stocks With Alluring EV-to-EBITDA Ratios
CVE Cenovus Energy
FMP Stock News
Original source text
Key Takeaways EV-to-EBITDA offers a fuller view of valuation by accounting for debt, unlike traditional P/E ratios.CVE, FIVN, PAGS, ERO and PARR are screened as bargain stocks with low EV-to-EBITDA ratios.Each stock meets strict criteria, including valuation, trading volume, price, growth, and Value Score. Investors generally tend to cling to the price-to-earnings (P/E) metric while looking for bargain stocks. In addition to being a widely used tool for screening stocks, P/E is also a popular metric to work out the fair market value of a company. But even this ubiquitously used valuation multiple has a few downsides.

Although P/E is the most popular valuation metric, a more complicated multiple called EV-to-EBITDA works even better. Often considered a better alternative to P/E, it gives the true picture of a company’s valuation and earnings potential and has a more complete approach to valuation. While P/E considers a firm’s equity portion, EV-to-EBITDA determines its total value.

Cenovus Energy Inc. (CVE - Free Report) , Five9, Inc. (FIVN - Free Report) , PagSeguro Digital Ltd. (PAGS - Free Report) , Ero Copper Corp. (ERO - Free Report) and Par Pacific Holdings, Inc. (PARR - Free Report) are some stocks with attractive EV-to-EBITDA ratios.

Why EV-to-EBITDA Is a Better Alternative?Also dubbed as the enterprise multiple, EV-to-EBITDA is the enterprise value (EV) of a stock divided by its earnings before interest, taxes, depreciation and amortization (EBITDA). EV is the sum of a company’s market capitalization, its debt and preferred stock minus cash and cash equivalents. In essence, it is the entire value of a company. EBITDA, the other element, gives a clearer picture of a company’s profitability by removing the impact of non-cash expenses such as depreciation and amortization that dampen net earnings. It is also often used as a proxy for cash flows.

Typically, the lower the EV-to-EBITDA ratio, the more enticing it is. A low EV-to-EBITDA ratio could indicate that a stock is undervalued. Unlike the P/E ratio, EV-to-EBITDA takes debt on a company’s balance sheet into account. For this reason, it is typically used to value acquisition targets. The ratio shows the amount of debt that the acquirer has to bear. Stocks flaunting a low EV-to-EBITDA multiple could be seen as attractive takeover candidates.

Another shortcoming of P/E is that it can’t be used to value a loss-making firm. A company’s earnings are also subject to accounting estimates and management manipulation. On the other hand, EV-to-EBITDA is difficult to manipulate and can also be used to value loss-making but EBITDA-positive companies. EV-to-EBITDA is also a useful tool in measuring the value of firms that are highly leveraged and have a high degree of depreciation. Moreover, it can be used to compare companies with different levels of debt.

EV-to-EBITDA is not devoid of limitations and alone cannot conclusively determine a stock’s inherent potential and future performance. The multiple varies across industries and is usually not appropriate when comparing stocks in different industries, given their diverse capital expenditure requirements.

Thus, instead of just relying on EV-to-EBITDA, you can club it with the other major ratios, such as price-to-book (P/B), P/E and price-to-sales (P/S) to achieve the desired results.

Screening CriteriaHere are the parameters to screen for bargain stocks:

EV-to-EBITDA 12 Months-Most Recent less than X-Industry Median: A lower EV-to-EBITDA ratio represents a cheaper valuation.

P/E using (F1) less than X-Industry Median: This metric screens stocks that are trading at a discount to their peers.

P/B less than X-Industry Median: A lower P/B compared with the industry average implies that the stock is undervalued.

P/S less than X-Industry Median: The lower the P/S ratio, the more attractive the stock is, as investors will have to pay a smaller price for the same amount of sales generated by the company.

Estimated One-Year EPS Growth F(1)/F(0) greater than or equal to X-Industry Median: This parameter will help in screening stocks that have growth rates higher than the industry median.

Average 20-day Volume greater than or equal to 100,000: The addition of this metric ensures that shares can be traded easily.

Current Price greater than or equal to $5: This parameter will help in screening stocks that are trading at a minimum price of $5 or higher.

Zacks Rank less than or equal to 2: It is a fundamental truth that stocks with a Zacks Rank #1 (Strong Buy) or 2 (Buy) have always managed to beat adversities and outperform the market.

Value Score of less than or equal to B: Our research shows that stocks with a Value Score of A or B, when combined with a Zacks Rank #1 or 2, offer the best upside potential.

Here are our five picks out of the 19 stocks that passed the screen:

Cenovus Energy is a leading integrated energy firm with operations comprising marketing the produced oil, natural gas and natural gas liquids. This Zacks Rank #1 stock has a Value Score of A.

Cenovus Energy has an expected year-over-year earnings growth rate of 104.6% for 2026. The Zacks Consensus Estimate for CVE’s 2026 earnings has been revised 83.1% upward over the past 60 days.

Five9 provides cloud software for contact centers across the globe for enterprises, including leading health systems and financial institutions. This Zacks Rank #1 stock has a Value Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here.

Five9 has an expected earnings growth rate of 10.1% for 2026. FIVN’s earnings beat the Zacks Consensus Estimate in each of the last four quarters, with the average surprise being 8.8%.

PagSeguro Digital is one of the largest digital banks in Brazil, promoting innovative solutions in financial services and payment methods. This Zacks Rank #2 company has a Value Score of A.

 PagSeguro Digital has an expected year-over-year earnings growth rate of 19.7% for 2026. The Zacks Consensus Estimate for PAGS’ 2026 earnings has moved up 2.4% over the past 60 days.

Ero Copper is a Brazil-focused mining company with a diversified portfolio of copper and gold assets. This Zacks Rank #2 company has a Value Score of A.

Ero Copper has an expected year-over-year earnings growth rate of 93.9% for 2026. The consensus estimate for ERO's 2026 earnings has been revised 7.3% upward over the past 60 days.

Par Pacific Holdings is a growth-oriented energy company supplying conventional and renewable fuels across the western United States. This Zacks Rank #2 company has a Value Score of A.

Par Pacific Holdings has an expected year-over-year earnings growth rate of 106.4% for 2026. The Zacks Consensus Estimate for PARR’s 2026 earnings has moved up 9.9% over the past 60 days.
2026-07-02 13:51 1mo ago
2026-07-02 07:30 1mo ago
Rocket Lab Stock up 24% in a Week — Here's What Happened
RKLB Rocket Lab USA
FMP Stock News
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Rocket Lab stock is trading in a tight range. Where is RKLB stock headed? NASA Mission WinThe Iridium AcquisitionThe transaction is expected to close in mid-2027. In 2025, Iridium delivered $871.7 million in revenue and $495 million in OEBITDA at a 57% margin.

“This is a defining moment for the space industry and the start of a new era of strategic, accelerated growth for Rocket Lab and Iridium,” said Sir Peter Beck, founder and CEO of Rocket Lab.

Space Sector TailwindsRocket Lab’s gains this week have also been amplified by broader space sector enthusiasm. SpaceX is set to join the Nasdaq-100 on July 7—one of the fastest index inclusions in the exchange’s history—triggering an estimated $4.3 billion in forced buying from passive funds. That institutional attention has lifted space sector names broadly.

Analyst Consensus & Recent Actions The stock carries a Buy rating with an average price target of $104.73. Recent analyst moves include:

B of A Securities: Buy (Raises Target to $115.00) (June 30) Cantor Fitzgerald: Overweight (Maintains Target to $96.00) (June 30) Citizens: Market Outperform (Raises Target to $130.00) (June 30) Rocket Lab Shares Edge HigherRKLB Price Action: At the time of publication, Rocket Lab shares are trading 0.61% higher at $100.68, according to data from Benzinga Pro.

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2026-07-02 13:51 1mo ago
2026-07-02 07:31 1mo ago
Up 33% YTD, Will Rocket Lab Hit a New High This Year?
RKLB Rocket Lab USA
FMP Stock News
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© ImageFlow / Shutterstock.com

Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) in 2026 has been one of the most electric setups in the market. Shares are up 45.71% year to date and 184.18% over the past year, yet the stock sits roughly 29% below the May peak after a violent pullback.

My 24/7 Wall St. price target for Rocket Lab is $119.58, implying 17.64% upside from $101.65. Recommendation: buy, with moderate confidence.

24/7 Wall St. Price Target Summary Metric Value Current Price $101.65 24/7 Wall St. Price Target $119.58 Upside 17.64% Recommendation BUY Confidence Level 50% A Wild Ride From $44 to $151 and Back Rocket Lab tore from around $44.60 in July 2025 to a 52-week high of $151 in May 2026 before giving back 29.15% over the last month.

Fundamentals remained strong. Q1 2026 revenue hit $200.35 million, up 63.5% year over year, beating consensus by 5.77%, with EPS of -$0.07 against a -$0.0787 estimate. Non-GAAP gross margin expanded to 43% from 33.4% a year prior, and backlog jumped to $2.20 billion. Recent Reddit chatter has been dominated by an Iridium acquisition narrative and the pending Neutron debut, keeping retail engagement elevated.

The Case for $155 and Higher Our bull scenario points to $155.76, a 53.23% total return. Bulls have three catalysts. First, Neutron. CEO Peter Beck reaffirmed on the Q1 call that “current progress is keeping our aggressive schedule towards the first launch later this year”, and Rocket Lab just booked its largest contract ever, five dedicated Neutron flights plus three Electrons through 2029.

Second, defense. Selection alongside Raytheon for the Golden Dome Space-Based Interceptor program, layered on the $816 million SDA Tranche 3 award, gives structural exposure to the highest-priority US space budgets.

Third, vertical integration. Beck stated: “Vertically integrating important subsystems improves cost structure and gives a competitive advantage.” Bookings support it, with 31 Electron/HASTE missions signed in Q1 alone.

What Could Push RKLB Back to $92 The bear case targets $92.81, a -8.69% return. The primary risk is valuation. Rocket Lab trades at 88.63 times trailing sales and 27 times book, extraordinary multiples resting on -22.4% operating margins.

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

Free cash flow was -$321.8 million in 2025 and dilution continues, with $450 million raised via ATM in Q1 2026. Any Neutron slip would be punished.

Cash burn largely reflects $156.3 million in capex tied to Neutron and factory scale-up, investments management targets to unlock mid- to upper-20s operating margins long term. Prediction markets currently price a 63% probability of a down day on July 1, so near-term chop is likely.

I’d Buy This Dip, Carefully My 24/7 Wall St. price target of $119.58 reflects a buy with 50% confidence. The tipping factor is backlog conversion: 36% of the $2.2 billion backlog is expected to convert to revenue within 12 months. The $95 to $100 zone looks like a technically interesting reload area if Neutron milestones stay on track.

The setup weakens if the debut launch slips into 2027 or if another large ATM raise arrives before profitability inflects. For patient investors, the risk-reward tilts favorably after the June reset.

Here is where our model projects Rocket Lab could trade, blending our five-year base case with bull-side upside from Neutron reusability and space-based services.

Year 24/7 Wall St. Price Target 2026 $119.58 2027 $138 2028 $150 2029 $160 2030 $169.43 These projections assume Rocket Lab executes Neutron on schedule and continues converting defense backlog at current margins. Significant upside or downside could result from Neutron reusability outcomes, further large SDA or Golden Dome awards, or execution stumbles in the Mynaric, Motiv, and Geost integrations.

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

Contact [email protected] for any questions or corrections.
2026-07-02 13:51 1mo ago
2026-07-02 08:50 1mo ago
From $4.8 to $101: Rocket Lab's Wild Ride Into an $8 Billion SpaceX Showdown
RKLB Rocket Lab USA
FMP Stock News
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© ImageFlow / Shutterstock.com

Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) shareholders who bought two years ago are now sitting on one of the loudest re-ratings in the market. The stock traded at $4.54 on July 1, 2024. It closed $101.65 on June 30, 2026, a staggering 2,138% two-year run. Retail investors are now treating the ticker like a proxy for the entire small-launch economy.

On June 29, the company announced it was buying Iridium Communications (NASDAQ:IRDM) in an $8 billion cash-and-stock deal valuing Iridium roughly 20% above its Friday close.

The re-rating from SPAC purgatory to $60 billion Rocket Lab came public through a SPAC in August 2021 at a $4.1 billion valuation and then did nothing for years. It spent about three years trading at or below that price before surging in September 2024. The catalyst list is now long: 63.5% year-over-year revenue growth in Q1 FY26, a $2.20 billion backlog, an $816 million Space Development Agency contract for 18 satellites, and selection for the Department of War’s Space Based Interceptor program under Golden Dome for America alongside Raytheon (NYSE:RTX).

The market cap now sits around $60.2 billion, with the stock carrying a price-to-sales ratio of 89x on trailing revenue of $679.6 million. That is a multiple you only justify by promising you are going to be something much larger. Peter Beck just told investors what that something is.

Why buy Iridium instead of building On TBPN’s Diet TBPN, John Coogan broke down the logic: Iridium pioneered LEO satellites 30 years ago and operates a fleet of 66 satellites connecting ships, mining sites, U.S. government agencies, and enterprise customers. It is profitable, boring, and cash-generative, with $438.6 million in EBITDA and a 23.2% operating margin. That is the opposite of Rocket Lab, which posted a $198.2 million net loss in FY25 while pouring cash into the reusable Neutron rocket.

Moreover, Beck framed the acquisition around what he calls the Space Application Equation. Iridium brings spectrum, an operational constellation, millions of customers, and profitability, while Rocket Lab contributes launch access and satellite manufacturing.

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

His pitch to shareholders, per Coogan’s reading: “1 plus 1 equals 3, not just 2.” Building spectrum rights, a constellation, and a customer base from scratch takes a decade. Writing an $8 billion check takes an afternoon. You can see the details in the Q1 FY26 8-K that set up this M&A firepower, with $1.205 billion in cash on the balance sheet.

The SpaceX shadow and what the crowd is betting The obvious question is what this does against Starlink. SpaceX (NASDAQ:SPCX) already operates a roughly 10,000-satellite fleet, and by way of the SpaceX prospectus, Starlink’s connectivity segment is targeting a $1.6 trillion market. Iridium’s 66 satellites give Rocket Lab an immediate seat at the table in narrowband IoT, national-security comms, and maritime, where Iridium already grew its subscriber base to 2.56 million. It is a niche-and-defend strategy against a competitor optimized for consumer broadband.

Retail is buying it. Reddit’s r/stocks flipped from a bearish 25-to-39 sentiment score in late June to a peak of 85 (Very Bullish) on June 30 after the deal hit the wire. Iridium itself ripped, up 24.21% in the week ending June 30.

What can still go wrong The Wall Street analyst target sits at $109.81, only modestly above current levels, and the stock has already dropped 29.15% from its late-May peak after the Nasdaq-100 inclusion trade unwound.

The Neutron first launch was pushed to Q4 2026 after a stage 1 tank test failure, integrating Iridium’s constellation with Rocket Lab’s manufacturing takes years, and the ATM offering raised $450 million in Q1 FY26 and diluted the very shareholders who have enjoyed the run. At 88 times sales, everything has to work.

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

Contact [email protected] for any questions or corrections.
2026-07-02 13:46 1mo ago
2026-07-02 08:00 1mo ago
Service Properties Trust Announces Effective Date of Reverse Split
SVC Service Properties Trust
FMP Stock News
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[url="]Service Properties Trust (Nasdaq: SVC)[/url] today announced that its previously disclosed five-for-one reverse split of SVC's issued and outstanding co
2026-07-02 13:46 1mo ago
2026-07-02 08:00 1mo ago
Service Properties Trust Announces Effective Date of Reverse Split
SVC Service Properties Trust
FMP Stock News
Original source text
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that its previously disclosed five-for-one reverse split of SVC's issued and outstanding common shares is anticipated to become effective after the close of trading on July 6, 2026. As of the effective time of the reverse split, each five shares of SVC's issued and outstanding common shares will be combined into one common share. As a result of the reverse split, the number of outstanding common shares will b.
2026-07-02 13:46 1mo ago
2026-07-02 08:00 1mo ago
Kratos Receives Approximate $36 Million Air Defense System Single Award Contract
KTOS Kratos Defense & Security Solutions
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SAN DIEGO, July 02, 2026 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in the defense, national security and global markets, today announced that it has recently received an approximate $36 million sole-source contract award for a new air defense missile system. Kratos is a recognized industry leader in the rapid engineering, development and production at scale of affordable military-grade hardware, products and systems, including for hypersonic, missile, radar, air defense, directed energy, high-powered microwave, counter unmanned aerial system (C-UAS), chemical, biological, radiological, and nuclear (CBRN), unmanned aerial drone, strategic, and other systems. 

Tom Mills, President of Kratos’ C5ISR Division, said, “Building military-grade hardware on schedule and on budget, hardware that must work every time, is hard, and is also a clear differentiating capability of Kratos. The entire C5ISR team is proud to have been selected for this critical national security program.”

Eric DeMarco, President and CEO of Kratos, said, “Kratos’ air defense related hardware, products, and systems business, both in the United States and internationally, is currently seeing increased demand from numerous customers for multiple systems, platforms and technologies. Over the past several years, Kratos has made significant investments in property, plant, equipment and facilities, which we are continuing as we are laser focused on supporting the United States Department of War and the rebuild and recapitalization of our nation’s defense industrial base.”

Work under this contract award will be performed at a secure Kratos manufacturing facility. Due to security related, competitive and other considerations, no additional information related to this program will be provided.

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading-edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low-cost future manufacturing which is a value-add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. For more information, visit www.KratosDefense.com and follow Kratos on LinkedIn and X.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 28, 2025, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

Press Contact:
Claire Cantrell
[email protected]

Kratos Investor Information:
877-934-4687
[email protected]
2026-07-02 13:45 1mo ago
2026-07-02 09:00 1mo ago
Dynatrace Announces Intent to Pursue FedRAMP High and Expanded Government Security Standards
DT Dynatrace
FMP Stock News
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BOSTON--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leading AI-powered observability platform, today announced its intent to pursue FedRAMP High authorization and expanded government security standards. This effort is part of Dynatrace's broader public sector strategy, building on its established FedRAMP Moderate-Impact Authorization. This strategic direction reflects Dynatrace's commitment to supporting U.S. federal agencies, state and local government agencies, defense and intelligence organiz.
2026-07-02 13:40 1mo ago
2026-07-02 08:00 1mo ago
Otis Brazil Completes Elevator Modernization at Christ the Redeemer; Begins Installing New Escalators, Inclined Elevators to Improve Accessibility to Monument
OTIS Otis Worldwide Corp
FMP Stock News
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22 years after installation, the Otis elevators and escalators at the monument are being upgraded to enhance performance and accessibility for all visitors, particularly people with limited mobility.

, /PRNewswire/ -- Otis Brazil, part of Otis Worldwide Corporation (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation, service and modernization company, has completed comprehensive technical upgrades to the three elevators that connect visitors who access Alto Corcovado through the Corcovado Train to see Christ the Redeemer, a monument located in the Tijuca National Park, in Rio de Janeiro.

Otis installed the original elevators and escalators at Christ the Redeemer in 2003, and has maintained them ever since. Now, Otis is undertaking a comprehensive modernization of both systems to enhance performance, durability and accessibility for visitors. Otis will also install four new escalators and two inclined elevators at the iconic site, further enhancing accessibility to the world-renowned monument. The execution of this improvement project is commissioned by the concessionaire Trem do Corcovado, based on a revitalization plan established by the Chico Mendes Institute for Biodiversity Conservation (ICMBio), which manages the National Park.

"We are proud to safely move millions of passengers every year to Christ the Redeemer, supporting their journey to one of the world's most iconic landmarks. This next phase reflects our focus on advancing the performance of existing systems and introducing new solutions — enhancing reliability and expanding access to ensure every visitor can experience Alto Corcovado and Christ the Redeemer with greater confidence and ease," said Álvaro Netto, Managing Director of Otis Brazil. "Our ongoing maintenance and attention to detail, familiarity with the equipment and customer responsiveness ensure these systems perform well over time, minimizing future disruptions and reinforcing the trust our customers have placed in us for more than two decades."

Otis Brazil originally installed the elevators and escalators at Christ the Redeemer, in the Tijuca National Park, in 2003 and has maintained them ever since. Building on this long-standing relationship, Otis is now undertaking a comprehensive modernization of both systems to enhance performance, durability and accessibility for visitors.

The three Otis Gen2® elevators that transport visitors to and from the different levels of Alto Corcovado have undergone a comprehensive modernization, including the replacement of machinery and controls, as well as the installation of new signage, fixtures, and buttons. Now, the escalators that carry visitors up the monument will be replaced with four new Otis Public Escalators, designed for durability in outdoor environments, as well as two inclined elevators customized specifically for this project. These inclined elevators will provide important accessibility for passengers with limited mobility, who may not have previously been able to access the monument by escalator or stairs.

This year marks the 120th anniversary of Otis operations in Brazil.

To learn more, visit the Christ the Redeemer project page. For more information about elevator modernization, including Otis' scalable upgrade packages, visit: https://www.otis.com/en/us/products-services/products/modernization-upgrades.

About Otis
Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 45,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, YouTube, Instagram and Facebook @OtisElevatorCo.

Media Contact:
Ed Jacovino 
+1 860-674-3351
[email protected]

SOURCE Otis Worldwide Corporation