AVAV uvedla, že fiskální rok 2027 bude hlavně o načasování a plnění, ne o poptávce; tržby i upravená EBITDA mají být více soustředěné do druhé poloviny roku.
Key Takeaways AVAV says fiscal 2027 hinges on execution and timing, not demand, after record quarterly revenues.AVAV expects revenues and adjusted EBITDA to be back-half weighted amid contract and budget timing.AVAV is expanding production, while BlueHalo boosts counter-UAS and directed-energy growth potential. AeroVironment, Inc. (AVAV - Free Report) used its fourth-quarter call to frame fiscal 2027 less as a demand story than an execution and timing story. Management pointed to strong program momentum, but also made clear that federal budget timing could push more revenues and profit into the back half of the year.
The setup matters because AVAV is entering the year after record quarterly revenues, a major acquisition integration and a broad manufacturing build-out meant to support what executives described as rising demand across drones, counter-UAS, directed energy and space systems.
AVAV Leans on Demand VisibilityAeroVironment posted quarterly earnings of $1.84 per share, which rose from $1.61 a year ago. The figure beat the Zacks Consensus Estimate of $1.53 by 20.3%. Fourth-quarter revenues came in at $641.6 million, which topped the estimate of $563.1 million by 13.9%.
Chairman, president and CEO Wahid Nawabi said fiscal 2026 was a transformational year, with BlueHalo materially broadening the portfolio and helping position the company for what he called unprecedented demand across served markets. He tied that view to lethal drones, nonlethal drones, counter-UAS, space and advanced technologies.
He highlighted several recent wins and product milestones, including the Army’s long-range reconnaissance award for the P550, additional traction for JUMP 20-X, continued Switchblade development and a growing pipeline for RedDragon and MAYHEM 10. The message was that AVAV is now selling across more mission sets rather than relying on a narrow franchise base.
That broader framing sat behind management’s confidence in fiscal 2027 revenue guidance of $2.125 billion to $2.225 billion and adjusted EBITDA guidance of $305 million to $325 million, even as it avoided assuming an early federal budget release.
AeroVironment Pushes Production ReadinessNawabi repeatedly returned to capacity expansion as a strategic differentiator. He said the Salt Lake City site is on track to begin production in spring 2027 and has potential annual output above $2 billion for Switchblade and related products.
The company is also expanding Huntsville for Freedom Eagle 1 and Albuquerque for directed-energy systems, with chief financial officer Sean Woodward saying fiscal 2027 capital spending will run at 12% to 14% of revenues. He added that the spending is aimed at long-term production growth, not near-term financial engineering.
That stance shaped the cash-flow discussion as well. Woodward said the company does not expect positive free cash flow in fiscal 2027 because of the magnitude of the planned capacity investments.
AVAV Sees Mix Shifts in 2027Woodward described the fiscal 2027 model as back-half weighted, with a roughly 45-55 first-half to second-half revenue split and two-thirds of adjusted EBITDA expected in the second half. He said first-quarter revenues would account for about 45% of first-half sales, underscoring a deliberately conservative pacing assumption.
He attributed the cadence mainly to contract timing, customer acceptance testing and the expected delay in defense budget funding rather than any deterioration in underlying demand. Nawabi said the company is assuming a continuing resolution and that material funding may not reach customer accounts until around March.
That helps explain why management stressed full-year guidance over quarterly volatility. It also frames why adjusted EPS guidance of $3.02 to $3.34 is roughly flat year over year despite higher revenues and EBITDA, with Woodward pointing to a sharp rise in depreciation and cloud amortization from recent investment.
AeroVironment Defends BlueHalo LogicThe BlueHalo portfolio was one of the most important themes in both prepared remarks and Q&A. Nawabi singled out Titan counter-UAS systems and LOCUST directed-energy weapons as some of the fastest-growing and highest-potential parts of the combined company.
He described counter-UAS as already a couple-hundred-million-dollar business in fiscal 2026 and said it could become as large as, or larger than, loitering munitions over the next three to five years. That was one of the clearest long-term growth statements on the call.
At the same time, Woodward had to address the incremental goodwill impairment tied to the SCAR program termination. He said the added charge stemmed from an error in the third-quarter impairment analysis, not a fresh deterioration in long-term cash-flow assumptions, and said enhanced controls are now in place.
AVAV Q&A Focuses on Pressure PointsAnalysts pressed hardest on budget timing, free cash flow, the SCAR disruption and the pace of production expansion. Management’s answers were detailed and generally firm, especially on its view that current guidance excludes upside from a more favorable funding schedule.
A JPMorgan analyst asked about revenue timing and funding assumptions, prompting Nawabi to lay out a cautious scenario in which budget approvals slip into winter, and revenues remain more dependent on existing backlog in the near term.
A Jefferies analyst also pressed on counter-UAS and remaining goodwill. That exchange gave investors a clearer picture of the size of the counter-UAS opportunity and how management wants the impairment issue interpreted.
AeroVironment Leaves a Build-Through MessageThe tone exiting the call was expansive, but disciplined. Management did not overpromise on near-term timing, yet it repeatedly emphasized backlog, funded opportunities and manufacturing readiness as reasons to keep investing.
That posture leaves AeroVironment presenting fiscal 2027 as a year of scaling into demand rather than harvesting it all immediately. The company’s central argument is that capacity, product breadth and budget exposure matter more right now than any single quarter’s conversion rate.
AVAV’s Zacks SignalsAVAV currently carries a Zacks Rank #3 (Hold), with Value, Growth and VGM Scores of D and a Momentum Score of B, according to the provided Zacks data. The Zacks framework indicates Rank is the primary screen, while Style Scores serve as a complement, with stronger A or B grades generally seen as more favorable within the Rank system. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Within that framework, a Zacks Rank #3 points to a more neutral near-term outlook than a Rank #1 or 2 (Buy), while the Momentum Score of B suggests relatively better trend support than the stock’s Value, Growth or VGM profiles. The Zacks Rank can change as earnings estimate revisions move after the quarter’s results.
Fox oznámila koupi Roku za 22 miliard USD v hotovosti a akciích za 160 USD za akcii, ale její akcie po oznámení spadly o 16,8 % kvůli vysokému zadlužení. Netflix podle článku formální nabídku nepodal.
Fox Corp. (FOXA +0.58%) (FOX 0.44%) just made the biggest bet in its post-21st Century Fox history. On June 15, it announced a $22 billion cash-and-stock deal to acquire Roku (ROKU +0.87%) at $160 per share -- a 33.7% premium to Roku's closing price the day before reports surfaced. Roku founder Anthony Wood will join Fox's board when the transaction closes in the first half of 2027. The deal would give Fox access to more than 100 million streaming households and the advertising infrastructure that sits behind them. Strategically, it reads like a good deal.
The stock market rejected it immediately.
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Fox's stock price dropped 16.8% the day the deal was announced. By the following week, it had shed another 5.9% as investors continued to process the implications. The problem isn't the strategy -- it's the price and the capital structure required to execute it. The stock is down about 25% in the last two weeks.
Image source: Getty Images.
Fox is funding the cash portion through $12 billion in new debt, backed by committed bridge financing from Morgan Stanley. That is a lot of leverage for a company whose core business, live sports, Fox News, and Tubi, generates reliable but not explosive free cash flow. Fox currently carries a median analyst price target of $71, which sits well above its current price, but the debt load changes the risk profile of every projection made before the deal was announced.
Management's promise of $400 million in annual cost synergies and free cash flow accretion by year two sounds reasonable on paper -- but Fox shareholders are being asked to fund a transformation today for a payoff that arrives in 2029.
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Why Netflix was watching, and why the stock is falling Netflix (NFLX 0.04%) publicly denied making a formal bid for Roku. Semafor reported that Netflix conducted preliminary due diligence as part of the sale process led by Qatalyst Partners, but chose not to proceed. The antitrust calculus explains most of that decision. Netflix produces more original content than any other streaming platform. Owning the operating system that hosts other streamers would have created a conflict so obvious that regulators wouldn't have needed to think hard about it. Fox, whose primary streaming asset is Tubi, a free, ad-supported platform with no SVOD ambitions, is a structurally cleaner buyer from a competition standpoint.
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There is also an irony in the outcome that Hollywood veterans would appreciate. Roku was incubated inside Netflix in the early 2000s. Netflix spun it off in 2008 because it feared owning hardware would alienate Apple and Samsung as distribution partners. Nearly 20 years later, Netflix tried to buy back what it once gave away -- and lost to a media conglomerate that was barely in the streaming business five years ago.
This reported failure sparked M&A anxiety among investors concerned about Netflix's shift away from organic growth. For investors in both stocks, Roku's outcome is a signal: The streaming consolidation era is moving fast, the prices are getting large, and the companies willing to take on debt to win are getting rewarded with distribution -- and punished by the market on deal day.
Micah Zimmerman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Netflix, and Roku. The Motley Fool has a disclosure policy.
H.B. Fuller zvýšil výhled zisku na fiskální rok 2026 po silném 2. čtvrtletí, kdy vyšší ceny a restrukturalizace zvedly EBITDA, EPS i hrubou marži. Firma zároveň plánuje akvizici Advanced Medical Solutions, která má rozšířit medicínskou platformu a do 24 měsíců přidat zhruba 100 bazických bodů k marži EBITDA.
Key Takeaways FUL beat Q2 estimates as pricing and restructuring lifted EBITDA, EPS and gross margin.FUL raised its fiscal 2026 profit outlook while projecting high-single-digit pricing in the back half.FUL says the AMS deal would expand its medical adhesives platform and lift margins within 24 months. H.B. Fuller Company (FUL - Free Report) used its second-quarter fiscal 2026 earnings call to make two points clear: pricing is gaining traction across the portfolio, and management sees medical adhesives as the next major leg of its portfolio shift.
The quarter itself came in ahead of the Zacks Consensus Estimate, but the bigger message was forward-looking. Executives spent as much time defending the durability of pricing and raw material assumptions as they did explaining the proposed Advanced Medical Solutions deal.
H.B. Fuller Leans on Price and MixChief executive officer Celeste Mastin said second-quarter execution benefited from global sourcing and rapid pricing actions during the petrochemical supply disruption. Adjusted EBITDA rose 9% year over year to $181 million. Adjusted EPS increased 19% to $1.41, beating the Zacks Consensus Estimate of $1.37. Revenues of $950.3 million topped the Zacks Consensus Estimate of $926.9 million, producing a surprise rate of 2.5%.
Chief financial officer John Corkrean said adjusted gross margin expanded 200 basis points to 34.2%, driven mainly by pricing execution and restructuring savings. Adjusted EBITDA margin improved 70 basis points to 19.1%, showing that pricing was doing more than simply offsetting costs.
Management also pointed to cash flow as a supporting signal. Operating cash flow reached a record second-quarter level of $121 million, while net debt to adjusted EBITDA improved to 3.1 times from 3.4 times a year earlier.
FUL Sees Uneven but Improving DemandMastin described a business that is still navigating mixed end-market conditions. Hygiene, Health and Consumable Adhesives posted 3% organic growth in the quarter, helped by pricing and better supply continuity, while Building Adhesive Solutions delivered 6.2% organic growth on strength in glass, infrastructure and mechanical applications.
Engineering Adhesives was more complicated. The press release showed a 1% organic decline, but during Q&A, Mastin said the segment would have posted about 5% organic growth excluding the lower-margin solar business exit, with aerospace up more than 30% and electronics and general industrials up double digits.
That left automotive and consumer-linked demand as the softer points. Management said volume was only slightly lower in the quarter, but both HHC and EA could face more pressure in the second half if consumer demand weakens further.
H.B. Fuller Lifts Full-Year Profit ViewCorkrean said year-to-date execution supported a higher midpoint for full-year guidance. H.B. Fuller now expects fiscal 2026 adjusted EBITDA of $650 million to $675 million and adjusted EPS of $4.6 to $4.9, while keeping its outlook for mid-single-digit revenue growth and low-single-digit organic growth.
Third-quarter guidance was also firm. Management expects revenues to increase at a mid-single-digit pace and adjusted EBITDA to come in between $180 million and $190 million. Cash flow from operations is now projected at $300 million to $325 million for the year.
The assumptions behind that outlook mattered as much as the figures. Mastin said pricing was running near 6% in May and projected high-single-digit pricing in the back half, while also warning that raw materials had not meaningfully eased and that intermittent shortages remained a risk.
FUL Makes Medical the Strategic CenterpieceThe call’s biggest strategic development was the proposed acquisition of Advanced Medical Solutions. Mastin framed AMS as a rare chance to accelerate H.B. Fuller’s move toward faster-growing, higher-margin and less cyclical medical end markets.
Management said the all-cash 285 pence-per-share offer implies an enterprise value of about GBP 715 million. AMS generated roughly $302 million of fiscal 2025 revenues and about $54 million of adjusted EBITDA after IFRS-to-GAAP conversion, and H.B. Fuller sees about $55 million of run-rate synergies from commercial and cost actions.
Executives argued the deal would expand H.B. Fuller’s medical adhesives platform more than fourfold and help push the combined medical business above 30% EBITDA margins by 2030. They also said the transaction should add about 100 basis points to consolidated EBITDA margin within 24 months of closing.
H.B. Fuller Faces Deal and Demand ScrutinyAnalyst questions focused on leverage, synergy credibility and the logic of buying non-adhesive product lines within AMS. In response, Corkrean said pro forma net leverage at close should be about 4 times, excluding run-rate synergies, with a path back to the 2.5 times to 3 times target range within two years.
A Baird analyst pressed on the unusually high-cost synergy target. Corkrean said about $14 million comes from in-flight Peters Surgical synergies, with the rest tied to public company cost removal, sourcing benefits and back-office rationalization.
On operating conditions, analysts also asked whether falling petrochemical prices could cause customer hesitation. Mastin pushed back, saying nearly 90% of H.B. Fuller’s raw materials were still higher than in the first quarter and that 52 force majeures remained in place.
FUL Leaves a More Assertive MessageThe overall tone coming out of the call was more assertive than defensive. Management repeatedly returned to three points: pricing is working, restructuring savings are landing and the company believes supply-chain disruption is reinforcing its competitive position.
At the same time, leadership did not dismiss the pressure points. Executives acknowledged weaker automotive demand, consumer risk in HHC and a temporarily higher leverage profile if the AMS deal closes.
Zacks Signals on FULFUL carries a Zacks Rank #3 (Hold), with a Value Score of B, Growth Score of C, Momentum Score of A and VGM Score of A. The Hold rating points to a more balanced near-term outlook than a clear outperform signal, while the stronger Value, Momentum and VGM readings indicate more favorable characteristics within those styles. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Style Scores are meant to complement, not override, the Zacks Rank. A Zacks Rank #3 can still be supported by better style grades, but the rank remains the first screen, and it can shift as earnings estimate revisions change after the quarter.
Simply Good Foods zveřejní výsledky za 3. čtvrtletí a analytici čekají EPS 36 centů při tržbách 332,52 milionu USD. Loni to bylo 51 centů a 380,96 milionu USD.
The Simply Good Foods Company (NASDAQ:SMPL) will release earnings for its third quarter before the opening bell on Thursday, July 9.
Analysts expect the Denver, Colorado-based company to report quarterly earnings of 36 cents per share, down from 51 cents per share in the year-ago period. The consensus estimate for Simply Good Foods’ quarterly revenue is $332.52 million. It reported $380.96 million last year, according to Benzinga Pro.
On April 9, Simply Good Foods reported mixed second-quarter financial results and cut its FY26 guidance below estimates.
Shares of Simply Good Foods rose 0.6% to close at $13.14 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying SMPL stock? Here’s what analysts think:
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Ford v USA svolává 741 195 vozů kvůli vadě převodovky, která může poškodit parkovací systém a způsobit samovolné rozjetí. Dalších 36 046 vozů Bronco svolává kvůli uvolněným lemům blatníků.
Ford is recalling 741,195 vehicles in the US over a transmission defect that can damage the park system, which in turn could result in vehicles rolling away, the US National Highway Traffic Safety Administration said on Tuesday.
The recall affects certain 2018-2021 Navigator, Expedition, 2020-2021 Explorer, Lincoln Aviator, and 2021 F-150 vehicles, the regulator said.
A 2021 Ford F-150. jetcityimage – stock.adobe.com The dealers will update the software, and inspect and replace any damaged transmission components free of charge, as per NHTSA.
Separately, Ford is also recalling 36,046 vehicles of its Bronco model in the US over improperly secured fender flares that can detach from the vehicle, becoming a road hazard and increasing the risk of a crash, according to NHTSA.
Fender flares are the curved extensions above the tires that fit around the vehicle’s wheel arches.
The recall affects certain 2018-2021 Navigator, Expedition, 2020-2021 Explorer, Lincoln Aviator, and 2021 F-150 vehicles, the regulator said. jetcityimage – stock.adobe.com The dealers will inspect and repair, or replace the fender flares as necessary, free of charge, as part of the recall remedy, NHTSA said.
Micron a Sandisk těží z boomu AI, ale paměťové čipy jsou historicky extrémně cyklické. Po vyřešení nedostatku nabídky mohou jejich akcie prudce klesnout.
Memory chipmakers Micron Technology (MU +0.90%) and Sandisk (SNDK 1.93%) have been big winners from the artificial intelligence infrastructure boom. In the last three months alone, Micron shares have added 203%, and Sandisk shares have added 217%.
Today, most Wall Street analysts think Micron remains undervalued, but the consensus says Sandisk is too expensive. The target prices below come from The Wall Street Journal.
Micron's median target price of $1,585 per share implies 46% upside from the current share price of $1,085. Sandisk's median target price of $1,750 per share implies 12% downside from its current share price of $1,980 per share. Unfortunately, history offers a much less optimistic perspective. Memory chipmakers have traditionally been prone to boom-and-bust cycles. Assuming the trend is still intact, we are moving toward the next collapse, and it could drag shares of Micron and Sandisk much lower. Here are the important details.
Image source: The Motley Fool.
Memory chipmakers are benefiting from an unprecedented supply shortage driven by demand for AI Central processing units (CPUs) and graphics processing units (GPUs) are essential parts of the artificial intelligence hardware stack. CPUs are the brains that run applications, and GPUs speed up complex tasks by offloading repetitive mathematical calculations. Both types of chips require memory.
Meera Pandit, global market strategist at JPMorgan Chase, explains:
"CPUs store information in NAND, or long-term memory, and use dynamic random access memory (DRAM), or working memory, to perform tasks. For example, HBM, or high bandwidth memory, is a special kind of DRAM used to feed GPUs data fast enough to keep them busy."
Today, memory chip manufacturers cannot keep pace with the unprecedented demand as hyperscalers rush to build AI infrastructure. The supply shortage is so severe that NAND and DRAM prices have increased 200% and 300%, respectively, in the past year. That has led to tremendous financial results for Micron and Sandisk.
Micron is the third-largest supplier of DRAM and NAND memory. In the May quarter, sales increased 345%and non-GAAP net income increased by more than 1,200%. Guidance for the current quarter implies sales will increase 340% and adjusted net income will increase by more than 900%. Sandisk is the fifth-largest supplier of NAND memory. In the March quarter, sales increased 251%, and non-GAAP net income was $23.41 per diluted share, up from a loss of $0.31 per diluted share in the prior year. Guidance for the current quarter implies sales will increase 320% and adjusted net income will increase by more than 10,700%. Those strong financial results explain why both stocks have performed so well lately. But the memory chip market has historically been defined by boom-and-bust cycles. Assuming that trend is still intact, shares of Micron and Sandisk could crash at some point in the future.
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History says Micron and Sandisk will drop sharply when the current memory chip supply shortage is resolved Many semiconductor companies exhibit some degree of cyclicality, meaning sales rise and fall as demand expands and contracts. But memory chips have historically been the most cyclical category in the broader semiconductor industry.
That's because most NAND and DRAM chips are interchangeable commodities, so suppliers compete mostly on price. Memory chips are also very expensive to produce, so suppliers modify output to match demand. Those forces create a back-and-forth where periods of limited supply (and price hikes) are followed by periods of excess supply (and price cuts).
The last boom-and-bust cycle played out during the COVID-19 pandemic. Demand for personal computers, tablets, and video game consoles spiked as remote work and social distancing became commonplace. Initially, limited memory chip supplies led to higher prices, but manufacturers eventually overcorrected, and prices fell as consumer behavior normalized in 2022 and 2023.
What happened to memory chip stocks? Sandisk was a subsidiary of Western Digital until early 2025, so no company-specific information is available. But shares of Western Digital and Micron dropped 60% and 50%, respectively, from their 2022 levels. Both memory chip companies reported negative earnings in 2023. And neither stock achieved a new high until 2024.
This time around, Wall Street expects memory chip sales to peak in 2028. After that, Micron's adjusted earnings are projected to decline 27% in fiscal 2029 (ends in August), and Sandisk's adjusted earnings are projected to decline 54% in fiscal 2029 (ends in June).
Today, Micron trades at 24 times earnings, while Sandisk trades at 67 times earnings. Both multiples seem reasonable when compared to the companies' reported earnings growth. But investors need to account for a potential decrease in earnings in the next few years. In that context, both stocks could drop sharply when the current memory chip cycle passes its peak.
Vanquis si vybral Freshservice od Freshworks pro modernizaci správy služeb a podporu své digitální transformace. Platforma má zjednodušit provoz, automatizovat pracovní postupy a zlepšit zkušenost zaměstnanců.
Leading UK specialist bank selects Freshservice to simplify operations, improve colleague experience and support its digital-first transformation June 30, 2026 03:00 ET | Source: Freshworks Inc
LONDON, June 30, 2026 (GLOBE NEWSWIRE) -- Freshworks (NASDAQ: FRSH) today announced that Vanquis, a leading UK specialist bank, has selected Freshservice as its AI-powered service operations platform to support the next phase of its digital transformation.
The selection is a key milestone in Vanquis’ broader Gateway programme, the bank’s flagship technology modernization initiative designed to create a simpler, more scalable and digital-first organization.
As Gateway nears completion, Vanquis is strengthening the operational foundations needed to scale efficiently, improve governance and deliver faster, more consistent service experiences across the organization. Freshservice will help Vanquis bring service management, asset visibility and workflow automation onto a single platform, reducing legacy complexity and enabling greater agility.
Freshservice was selected for its ease of use, rapid time to value and AI-powered capabilities. The platform is designed to give Vanquis greater flexibility to automate workflows, streamline service delivery and continuously adapt to evolving business needs without the constraints of legacy systems.
“As part of our Gateway transformation, we are simplifying the technology and processes that support colleagues across the bank,” said Jem Walters, CTO at Vanquis. “Freshservice gives us a more intuitive and flexible platform to manage service delivery, automate critical workflows and improve the colleague experience as we continue building a more agile, digital-first organization.”
Freshservice will enable Vanquis to manage service operations through a single platform, supporting faster incident resolution, more efficient request fulfillment and improved employee self-service. Built-in AI capabilities will help automate repetitive tasks, accelerate issue triage and provide insights to improve service performance.
“Financial institutions are under increasing pressure to modernize service delivery while maintaining resilience, governance, and operational efficiency,” said Musidora Jorgensen, UKI Country Lead for Freshworks. “Vanquis’ selection of Freshservice demonstrates how organizations can advance service transformation through a unified, AI-powered platform that enables faster service delivery, greater efficiency and measurable business outcomes.”
Vanquis joins a growing number of enterprises choosing Freshworks to modernize service management with solutions designed to deliver simplicity at scale, helping organizations reduce operational friction and unlock faster business outcomes.
To learn more about Freshservice, visit freshworks.com/freshservice.
About Freshservice
Freshservice by Freshworks is an AI-powered ServiceOps platform that unifies IT Service (ITSM), Asset (ITAM), Operations (ITOM) and Enterprise Service Management (ESM) on a single platform with a shared data layer. It gives IT, HR, finance, and facilities teams full visibility across services and infrastructure without the complexity of stitched-together tools. Freshservice comes with a natively embedded AI layer called Freddy AI that helps agents resolve issues faster, automates employee service requests, and gives leaders the insights they need to make better decisions. The result is resilient, proactive service delivery that scales across the entire organization.
About Freshworks Inc.
Freshworks Inc. provides service software that delivers exceptional employee and customer experiences. Its enterprise-grade solutions are powerful yet intuitive, and quick to deliver value. With a people-first approach to AI, Freshworks helps teams be more effective and organizations more productive. Companies including Bridgestone, New Balance, S&P Global, and Sony Music trust Freshworks to improve service efficiency and fuel long-term loyalty. For the latest updates, visit freshworks.com and follow Freshworks on LinkedIn, X, and Facebook.
Ralph Lauren v Číně zvýšil tržby o 50 % za poslední čtvrtletí. Roste díky přesunu zákazníků od špičkového luxusu ke značkám s lepším poměrem ceny a hodnoty.
Item 1 of 5 Vintage Polo Ralph Lauren T-shirts are displayed at Neng Vintage, a store specializing in Polo Ralph Lauren vintage clothing in Shanghai, China, June 23, 2026. REUTERS/Go Nakamura
[1/5]Vintage Polo Ralph Lauren T-shirts are displayed at Neng Vintage, a store specializing in Polo Ralph Lauren vintage clothing in Shanghai, China, June 23, 2026. REUTERS/Go Nakamura Purchase Licensing Rights, opens new tab
SummaryCompaniesRalph Lauren reported a 50% sales jump in China last quarterThe company operates around 250 stores in ChinaAnalysts say shoppers shifted from top-tier luxury to brands offering stronger valueExecutives say China momentum reflects a multi-year brand overhaul, not a short-term reboundSHANGHAI, June 30 (Reuters) - Collector Xiao Neng says he has spent at least $1 million on Ralph Lauren (RL.N), opens new tab clothing over the past four to five years, building a wardrobe so large that he now sells pieces of it in two vintage stores that he opened in downtown Shanghai.
The 23-year-old is part of a growing group of Chinese superfans helping fuel a resurgence for the American brand, which reported a 50% sales jump in the country last quarter, even as the broader luxury market remains subdued by weak consumer confidence, a prolonged property downturn and concerns about jobs and income growth. China's luxury sector is "slowly recovering" in 2026 after several years of contraction and flat sales, according to Bain.
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“Ralph Lauren, through clothing, provides people with a way to achieve this American Dream," Neng said. "What he makes is clothing with an American Dream feel to it.” He added that the American Dream is not unique to people from the U.S.; it is an aspirational lifestyle that can be shared by consumers in China.
The company’s recent strength in China, where it has around 250 stores, is the bounty of a multi-year overhaul rather than a short-term rebound, executives and analysts say. Chief Executive Patrice Louvet said in a post-earnings call last month the gains were “not a one-off” but stemmed from years of work to strengthen brand positioning and local relevance.
“We're in China not just to win this year, but we're in China trying to win for the next 10 and 20 years and really make sure we're building the right foundations for the long term,” he added. Ralph Lauren declined to comment further for this story.
'THEY OFFER GREAT VALUE'Ralph Lauren's brand elevation strategy has coincided with a shift in Chinese consumer behaviour away from ultra-high-end luxury toward labels viewed as offering stronger value.
Ralph Lauren’s pricing positions it below European luxury houses, many of which have pushed steep price increases in recent years. According to figures from Bernstein, luxury brands as a whole raised prices 36% between 2020 and 2023, led by top-tier players like Chanel and LVMH Group's (LVMH.PA), opens new tab Dior and Louis Vuitton.
Dresses at Ralph Lauren boutiques in China typically cost a few thousand yuan, with shirts often under 2,000 yuan ($294.24), compared with more than 20,000 yuan for dresses and over 6,000 yuan for shirts at brands like Dior.
“Another advantage is that they offer great value,” Neng said. “The brand's positioning and style are very high-end, meaning you're getting a high-class item for a smaller price.”
According to Jacques Roizen, co-founder of Shanghai-based Foresight Performance Partners, a large group of Chinese luxury shoppers has pulled back from top-tier brands as confidence weakened.
“She looks at Hermès and the like, and she says this is above my needs," he said. "The value proposition doesn't match my current confidence in the economy. And you've seen brands like Coach and Ralph Lauren do very, very well as a result."
Roizen said the brand’s recent performance reflects both this shift and years of strategic changes.
“You don't overperform the market by 50% because you got lucky," he said. "They've done a lot of things right."
Among those changes was a move away from heavy discounting.
“They’ve walked away from being, first and foremost, a brand that generated revenue on discounts during shopping festivals and all that stuff,” Roizen added.
The company has also invested heavily in upgrading stores and marketing, while adopting a city-by-city strategy that focuses resources on key urban markets like Shanghai, Beijing and Chengdu to deepen customer engagement rather than expanding uniformly nationwide, said Yann Bozec, a former APAC president at Coach-owner Tapestry (TPR.N), opens new tab and founder of consultancy YB Stratis.
"When it comes to media spend, stores, events, targeted digital marketing, they will do it in those cities," he said. "It is a sound strategy to be very focused on some cities where they can achieve the reach and the frequency that they need in order to create impressions."
($1 = 6.7971 yuan)
Reporting by Casey Hall in Shanghai, additional reporting by Chenxi Yang; Editing by Lisa Jucca and Thomas Derpinghaus
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Casey is the Shanghai bureau chief and a senior correspondent covering companies in China, reporting on the biggest issues facing local and global businesses operating in the world's second largest economy. The Australian-born journalist has been based in Shanghai since 2007.
Equinor v rámci druhé tranše zpětného odkupu koupil 476 100 vlastních akcií za průměrnou cenu 312,8869 NOK za kus. Po transakcích drží 67 619 649 vlastních akcií, tedy 2,64 % kapitálu.
Please see below information about transactions made under the second tranche of the 2026 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO).
Date on which the buy-back tranche was announced: 6 May 2026.
The duration of the buy-back tranche: 19 May to no later than 20 July 2026.
Further information on the tranche can be found in the stock market announcement on its commencement dated 6 May 2026, available here: https://newsweb.oslobors.no/message/672447
From 22 June to 26 June 2026, Equinor ASA has purchased a total of 476,100 own shares at an average price of NOK 312.8869 per share.
Overview of transactions:
DateTrading venueAggregated daily volume (number of shares)Daily weighted average share price (NOK)Total daily transaction value (NOK) 22 JuneOSE92,000318.161129,270,821.20 CEUX TQEX 23 JuneOSE92,000317.868629,243,911.20 CEUX TQEX 24 JuneOSE92,100315.206829,030,546.28 CEUX TQEX 25 JuneOSE100,000307.001730,700,170.00 CEUX TQEX 26 JuneOSE100,000307.20030,720,000.00 CEUX TQEX Total for the periodOSE476,100312.8869148,965,448.68 CEUX TQEX Previously disclosed buy-backs under the trancheOSE1,838,368346.9043637,737,682.27CEUX TQEX Total1,838,368346.9043637,737,682.27 Total buy-backs under the tranche (accumulated)OSE2,314,468339.9067786,703,130.95CEUX TQEX Total2,314,468339.9067786,703,130.95 Following completion of the above transactions, Equinor ASA owns a total of 67,619,649 own shares, corresponding to 2.64% of Equinor ASA’s share capital, including shares under Equinor’s share savings programme (excluding shares under Equinor’s share savings programme, Equinor owns a total of 57,113,764 own shares, corresponding to 2.23% of the share capital).
This is information that Equinor ASA is obliged to make public pursuant to the EU Market Abuse Regulation and that is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Appendix: A overview of all transactions made under the buy-back tranche that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.
Visa spustila nové nástroje Visa Pay, Visa Accept a Visa Direct pro malé firmy na rozvíjejících se trzích, které jim přes smartphone umožní přijímat platby i posílat výplaty bez dalšího hardwaru.
Visa introduced new ways to help small businesses manage payments via smartphone.
The capabilities are for the company’s Visa Pay, Visa Accept and Visa Direct offerings and are designed for small businesses in emerging markets, according to a Tuesday (June 30) press release provided to PYMNTS.
“Financial institutions, wallet providers and platform partners play a critical role in helping small businesses participate in the digital economy,” Rubail Birwadker, senior vice president and head of growth products and partnerships at Visa, said in the release. “With Visa Pay, Visa Accept and Visa Direct, we’re helping partners expand acceptance, speed up payouts and deliver trusted payment experiences for their business customers all through their smartphone.”
Visa research showed that 99% of small- to medium-sized businesses (SMBs) use at least one digital finance tool, and 85% said it has helped their business. With around half of the world’s 1.3 billion unbanked adults using smartphones, “the opportunity to expand digital access is significant,” the release said.
With Visa Accept, small businesses can turn “a smartphone into a card terminal, allowing microsellers to accept card payments through a Visa debit or prepaid account, no extra hardware needed,” according to the release.
Visa Pay links wallet providers and payment apps to the Visa network, letting users pay with credentials and solutions they already use, the release said.
“Visa is also using smartphones to make it easier for small businesses to pay others through Visa Direct, its real-time money movement platform for payouts,” per the release. “With Visa Direct embedded in banking, FinTech and business platforms, an SMB owner can use their phone to send fast payouts to staff, contractors or drivers, issue customer refunds or incentives, and move funds across borders to eligible cards, bank accounts or digital wallets, often in minutes, using the same simple experience they rely on to get paid.”
The launch of the new offerings comes as retail moves from “a brick-and-mortar storefront to an anywhere, anytime experience,” PYMNTS reported last month, citing research showing that 48% of consumers worldwide make purchases via smartphone.
But while big-box giants race to lock customers into walled app ecosystems at huge expense, SMBs can win the mobile game without huge IT budgets.
“Not only are mobile websites cheaper than apps, they also allow SMBs greater opportunities to gain new customers and avoid excluding large customer segments that are unable or unwilling to download apps,” the report said.
Rokmaster na cíli Wilson Target v rámci projektu Hanson Property potvrdil porfyrovou molybdenitovou mineralizaci. V jádře H26-02 narazil na 0,518 % Mo na 1,20 m a 0,051 % Mo na 18,2 m.
Vancouver, British Columbia--(Newsfile Corp. - June 30, 2026) - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company") is pleased to announce results from diamond drilling on the Hanson Property completed in April 2026.
The Hanson Property is a part of the Company's Nechako Project, which totals 28,238 hectares (282 km2) across four properties located in west-central British Columbia. The Nechako Project features multiple exploration targets for significant porphyry Cu-(Mo±Au) mineralization and high-grade Au-Ag vein systems in the southern portion of the productive Stikine terrane (Figure 1).
A small inaugural drill program, totalling 393.0 m in two drillholes, tested the Wilson Target within the Hanson Property. This program represents essentially the first drill test of a strong and broad soil molybdenum anomaly and coincident IP anomaly initially detected by Endako Mines in 1973. Endako Mines did complete two shallow drillholes in 1978 after a five-year hiatus in exploration. Drillholes H9 and H10 were completed to depths of only 62.5 m and 37.8 m, respectively, and were directed away from the central high resistivity anomaly. (Figure 2).
Field work completed in 2025 found that the Stern Creek granodiorite underlying the Wilson Zone hosts potassic secondary biotite alteration related to narrow mm-scale vein-hosted molybdenite mineralization on surface. An outcrop was found near the center of the Wilson Zone geochemical and geophysical anomaly, with brecciated clasts of Stern Creek granodiorite and porphyritic quartz monzonite, the primary target for this drill program.
Drillhole H26-02 intersected intrusive breccia with meter-scale intervals of foliated granodiorite and non-foliated porphyritic quartz monzonite from top of the hole until a larger stock of quartz monzonite was encountered between 30.6 and 44.0 m. Below the lower contact of that unit, the remainder of the drillhole consisted of foliated granodiorite with varying degrees of chlorite alteration, persistent potassic alteration, and molybdenite mineralization hosted in quartz B-veins down to the end of the drillhole.
Notable molybdenite mineralization in dense cm-scale quartz veins was intersected in drillhole H26-02 with an assay of 0.518% Mo (0.864% MoS2(1)) over 1.20 m (59.0-60.2 m). The surrounding interval near the lower contact of the quartz monzonite also hosted cm-scale quartz-molybdenite veins and elevated assays with a weighted average of 0.051% Mo (0.085% MoS2) over 18.2 m (42.0-60.2 m).
For comparison, the average grade in the 2025 mineral resource estimate(2) on the currently inactive Endako Mine (Canada's largest Mo Mine), located 23 km south of the Hanson Property, is 0.072% MoS2 for 335.6 Mt in the measured and indicated category. This estimate used a cut-off grade of 0.040% MoS2 and a price of USD$22.50/lb Mo. Rokmaster also intersected a larger interval of 0.023% Mo (0.038% MoS2) over 71.0 m (42.0-113.0 m) cored in drillhole H26-02. This interval is close to the projected restart cut-off grade used in the Endako Mine PEA.
Drillhole H26-01 was collared approximately 900 m west of drillhole H26-02 and intersected Hanson Phase porphyritic tonalite hosting ~5% disseminated pyrite mineralization. This drillhole tested a circular magnetic low feature, elevated gold in surface samples, and the less exposed western portion of high chargeability anomaly. Drillhole H26-01 returned elevated copper results of 500-1,600 ppm Cu over meter-scale intervals throughout the hole, further confirming the pyrite halo around the core of the Wilson Zone.
There is potential for porphyry-style mineralization on the Hanson Property, at the Wilson Zone and at the Cyr Zone 2.5 km to the north. The Cyr Zone has similar geology with strongly sericite-altered and pyritic Stern Creek granodiorite hosting elevated gold, silver, copper, and zinc as indicated in historical sampling and drilling, which may indicate a less eroded porphyry system. The Buckley Zone, approximately 4.0 km west of the Wilson Zone, is defined by a large, strong molybdenum anomaly in soil samples taken over the Hanson Phase tonalite.
A new 1,534 hectare mineral claim called the Chaplin Property was recently approved 8 km south of the Hanson Property. The Chaplin Property is bisected by the mainline Trout Road and characterized by moderate overburden cover over mapped Stern Creek granodiorite. A 1969 induced polarization survey identified a strong IP anomaly(3) that is coincident with a magnetic low that remains undrilled (Figure 3).
John Mirko, President and CEO, comments:
"This first-pass, low-cost drill program at the Wilson Zone has added good value to the Hanson Property by intersecting notable porphyry-style molybdenite mineralization. The high-grade interval of 0.518% Mo over 1.20 m in drillhole H26-02 demonstrates that the system's ability to locally concentrate mineralization in higher-grade vein corridors within a broader envelope of lower-grade mineralization is similar to what has been described at the Endako Mine. The location of the 18.2 m interval returning 0.051% Mo, which exceeds the average grade at the Endako Mine, also supports further exploration potential in the geological context of the Wilson Zone. With extensive road access and nearby infrastructure we can continue advancing the Wilson Zone and the other underexplored Hanson Property targets efficiently. We thank all our contractors, including Hy-Tech Drilling, for safely and efficiently completing this small drill program. Intersecting this porphyry-style mineralization in the Wilson Zone is an excellent start and we look forward to additional drilling on prospective porphyry targets on the Nechako Project later this year."
Footnote 1: Conversion of (% Mo) to (% MoS2) uses a factor of 1.668
Footnote 2: National Instrument NI 43-101 Technical Report for the Endako Mine Restart. Preliminary Economic Assessment (PEA). November 21, 2025. Completed by A-Z Mining Professionals Limited for Moon River Moly Ltd. Sourced from SEDAR filings.
Footnote 3: Chaplin. R. E. 1969. Geophysical Assessment Report on the TAT mineral claims. ARIS Report #2283
The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 and reviewed and approved by Eric Titley, P.Geo., who is independent of Rokmaster and who acts as Rokmaster's Qualified Person.
For more information please contact
On Behalf of the Board of Directors of
Rokmaster Resources Corp.
John Mirko,
President & Chief Executive Officer.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: receipt of regulatory approval with respect to the Hanson Property transaction; risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Rokmaster's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303435
Source: Rokmaster Resources Corp.
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ICE oznámila plánovaný start prvních futures na ekonomické indikátory navázaných na rozhodnutí centrálních bank a americké zásoby zemního plynu. Spuštění je plánováno na 10. srpna 2026.
New contracts span global monetary policy decisions and U.S. natural gas storage reports
LONDON & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced the planned launch of its first economic indicator futures contracts tied to global monetary policy decisions and US natural gas storage reports.
The cash-settled futures contracts are designed to give market participants exchange-traded and centrally-cleared instruments to express views on specific economic events and decisions.
“ICE’s expansion into economic indicator contracts reflects demand for regulated onshore products that allow customers to take positions on economically relevant risks that shape markets,” said Trabue Bland, Senior Vice President of Futures Markets at ICE. “These innovative new products leverage the global trading and clearing platform that we have built at ICE, offering a new approach to hedging significant moments impacting global markets.”
ICE's new futures will be based on central bank rate decisions from the U.S. Federal Reserve System, European Central Bank and Bank of England, providing exposure to scheduled policy meetings across the three most systemically important central banks in the world, as well as on U.S. natural gas storage inventory levels, which are published weekly by the U.S. Energy Information Administration.
The new contracts are scheduled to launch on August 10, 2026, subject to completion of relevant regulatory processes. The product codes will be: OID; OIS; OIR; EUD; EUS; EUR; MPL; MPS; MPR; EWP.
The new contracts follow the recent launch of ICE’s Polymarket Signals and Sentiment service, an exclusive prediction data and analytics offering from ICE. This service offers normalized data feeds representing Polymarket’s prediction markets, enabling professional and institutional traders to consume crowd-sourced probability assessments as market signals. These signals indicate implied probabilities on real-world outcomes and are designed to complement traditional market, pricing, and sentiment inputs within institutional workflows.
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.
MongoDB uvedla nové AI nástroje pro přesnější vyhledávání dat a zpřístupnila Search a Vector Search pro MongoDB Enterprise Advanced, Community Edition, private cloud i lokální nasazení. Native Reranking má zvýšit kvalitu vyhledávání až o 30 %.
New Voyage AI capabilities and Search for on-premises and private cloud let enterprises build accurate, compliant AI applications to run anywhere without rewriting their applications and relying on bolt-on tools
, /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced new capabilities at MongoDB.local Bengaluru that address the two reasons enterprise AI projects routinely stall before production: retrieval that isn't accurate enough to trust and infrastructure that can't meet compliance requirements. voyage-context-4, Hybrid Search, and Native Reranking work together to improve retrieval accuracy, with Native Reranking alone improving retrieval quality by up to 30%*. The capabilities are powered by Voyage AI models that outperform Google and Cohere on the public Retrieval Embedding Benchmark leaderboard. Search and Vector Search are now generally available for MongoDB Enterprise Advanced and Community Edition, bringing the same retrieval capabilities Atlas customers rely on to on-premises, private cloud, and local environments where regulated enterprises and startups operate. Together, these capabilities give enterprises and builders a production-ready retrieval stack that is accurate, compliant, and deployable wherever their data lives.
"The biggest barrier to enterprise AI in production and at scale isn't the LLM. It's memory, retrieval, accuracy, and compliance. Most enterprises aren't blocked by ambition. They're held back by infrastructure that wasn't designed to provide AI with trusted access to enterprise data. Bolting on more systems to solve those problems only creates more vendors, more latency, and more points of failure," said Ben Cefalo, Chief Product Officer, Core Products, MongoDB. "Whether you're running in the cloud, private cloud, or behind a firewall, MongoDB gives you the same production-grade retrieval capabilities wherever your data lives."
Voyage AI: Accuracy begins with top-ranked embedding models
Accuracy is the first bar AI has to clear for production. The second is ensuring AI works from current data, not outdated data sitting in a separate search system. Today, MongoDB launched three new capabilities, built into the database, that deliver more accurate retrieval and keep applications working from current data.
Native Reranking in MongoDB Atlas, now in public preview, is powered by Voyage AI and delivers up to a 30% boost in retrieval quality directly inside the database, eliminating a leading cause of AI project failure. It works on top of existing search results, with no external APIs, keys, or round-trips to manage. Voyage Context 4, now generally available, is a new embedding model built for long documents. It processes long documents in full context rather than isolated chunks, preserving meaning across complex enterprise content for better retrieval accuracy. It drops into existing RAG pipelines without re-architecting. Hybrid Search in MongoDB, now generally available, combines full-text and vector search in a single query inside the operational database, delivering precision retrieval without separate systems or complex query logic. Because embeddings stay up to date automatically, agents retrieve from the current state of the data rather than a stale copy. Emergent Labs is an AI-native app development platform and one of the fastest growing startups in the world. The company first tested its platform on PostgreSQL, where agents repeatedly got stuck in schema migration loops every time users refined their ideas. On MongoDB Atlas, agents create and modify data structures freely as applications evolve, and because search and embeddings live in the same database as that constantly changing data, retrieval keeps up with it.
"Our agents write code, modify data structures, and act on what they read back millions of times a day. If retrieval returns something stale or wrong, the agent builds on it, and the error compounds. MongoDB gives us the retrieval accuracy to keep agents working from the current state of the data, and that's what lets us run two million applications at scale," said Mukund Jha, CEO of Emergent Labs.
Run AI anywhere without compromising on accuracy or increasing risk
Retrieval accuracy is only half the problem enterprises face. The other half is whether they're allowed to run it where their data must reside, and for enterprises in regulated industries, the answer is rarely the public cloud. Data residency mandates, sovereignty rules, and compliance frameworks don't bend for innovation timelines, yet the most capable AI tooling has been built cloud-first, leaving regulated enterprises to choose between compliance and capability.
Today, MongoDB Search and Vector Search are now generally available as an add-on for MongoDB Enterprise Advanced, bringing the same retrieval capabilities MongoDB Atlas customers have been building in on-premises, private cloud, and hybrid environments, with the same platform, API, and technical skills regardless of where the workload runs. Ahead of this release, more than 20 of the world's largest banks and financial institutions have been evaluating Search for Enterprise Advanced, drawn by the same thing: AI-ready retrieval that runs inside the infrastructure they control.
Search and Vector Search are now generally available for MongoDB Community Edition, enabling builders to implement AI retrieval locally at no cost. A startup can prototype on a laptop with full-text search, vector search, and hybrid search in one single system, then move to Atlas or Enterprise Advanced when it's ready to scale, without re-architecting or switching databases.
Investing in India for the long term
As part of MongoDB.local Bengaluru, the company also announced plans to upskill two million Indian builders by 2030. MongoDB is expanding its MongoDB for Academia program through partnerships with the All India Council for Technical Education, HCL GUVI, and the ICT Academy of Kerala. Since 2023, the program has reached more than 650,000 students.
MongoDB also launched Bengaluru to the Bay, a startup challenge that gives early-stage AI founders a path from India's builder ecosystem to San Francisco's AI community during SF Tech Week experience. $50,000 in MongoDB Atlas credits, travel, and go-to-market opportunities included.
What's new at MongoDB.local Bengaluru 2026
voyage-context-4 (Generally available): Next-generation contextualized embeddings with document-level context and auto-chunking; a drop-in upgrade for existing retrieval-augmented generation (RAG) pipelines. Native Reranking in MongoDB Atlas (Public Preview): Reranking runs inside the aggregation pipeline - no external APIs, no round-trips - and delivers up to a 30% boost in retrieval quality directly inside the database. Hybrid Search (Generally available): More accurate retrieval by combining full-text precision and vector-based semantic understanding in a single query on live operational data. Search and Vector Search for MongoDB Enterprise Advanced (Generally available): Production AI behind your firewall, under your compliance framework, with full parity to MongoDB Atlas capabilities. Search and Vector Search in MongoDB Community Edition (Generally available): Full-text, vector, and hybrid retrieval in self-managed environments, at zero cost to start. MongoDB Atlas Stream Processing: Apache Iceberg Support (Generally available): MongoDB Atlas now supports Apache Iceberg via the new $iceberg aggregation stage in Atlas Stream Processing, enabling any Atlas collection to be continuously synchronized to Iceberg tables on AWS object storage. Gen2 MongoDB Atlas M30+ Dedicated Clusters on AWS (Generally available): Next-generation infrastructure for high-scale production workloads. Asymmetric Search Node deployment for multi-region Atlas clusters: (Generally available): Set Search Node capacity to match each region's actual search traffic and lower total Search Node cost on multi-region clusters by 25–40%+ MongoDB for Academia Expansion: Targeting 2 million builders trained by 2030 through HCL GUVI, ICT Academy of Kerala, and AICTE partnerships. Bengaluru Meets the Bay—startup contest: $50K in MongoDB credits plus travel and VIP access to MongoDB.local San Francisco for winning founders. *Based on Voyage instruction-following rerankers on the MAIR benchmark; improvement measured over first-stage retrieval.
About MongoDB
Headquartered in New York, MongoDB's mission is to empower innovators to create, transform, and disrupt industries with software. MongoDB's unified database platform was built to power the next generation of applications, and MongoDB is the most widely available, globally distributed database on the market. With integrated capabilities for operational data, search, real-time analytics, and AI-powered data retrieval, MongoDB helps organizations everywhere move faster, innovate more efficiently, and simplify complex architectures. Millions of developers and more than 65,200+ customers across industries—including ~75% of the Fortune 100—rely on MongoDB for their most important applications. To learn more, visit mongodb.com.
Forward-Looking Statements
This press release includes certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, including new capabilities announced at MongoDB .local Bengaluru 2026. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "project," "will," "would" or the negative or plural of these words or similar expressions or variations. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and are subject to a variety of assumptions, uncertainties, risks and factors that are beyond our control including, without limitation: our customers renewing their subscriptions with us and expanding their usage of software and related services; global political changes; the effects of the ongoing military conflicts between Russia and Ukraine and Israel and Hamas and recent events in Venezuela on our business and future operating results; economic downturns and/or the effects of rising interest rates, inflation and volatility in the global economy and financial markets on our business and future operating results; our potential failure to meet publicly announced guidance or other expectations about our business and future operating results; reputational harm or other adverse consequences resulting from use of AI and ML in our product offerings and internal operations if they don't produce the desired benefits; our limited operating history; our history of losses; our potential failure to repurchase shares of our common stock at favorable prices, if at all; failure of our platform to satisfy customer demands; the effects of increased competition; our investments in new products and our ability to introduce new features, services or enhancements, including AI and ML; social, ethical and security issues relating to the use of new and evolving technologies, such as artificial intelligence, in our offerings or partnerships; our ability to effectively expand our sales and marketing organization; our ability to continue to build and maintain credibility with the developer community; our ability to add new customers or increase sales to our existing customers; our ability to maintain, protect, enforce and enhance our intellectual property; our ability to continue to increase revenue from our Atlas platform; the effects of social, ethical and regulatory issues relating to the use of new and evolving technologies, such as AI and ML, in our offerings or partnerships; the growth and expansion of the market for database products and our ability to penetrate that market; our ability to maintain the security of our software and adequately address privacy concerns; our ability to manage our growth effectively and successfully recruit and retain additional highly-qualified personnel; our ability to integrate acquisitions and work with our strategic partners effectively; and the price volatility of our common stock. These and other risks and uncertainties are more fully described in our filings with the Securities and Exchange Commission ("SEC"), including under the caption "Risk Factors" in our Annual Report on Form 10-Q for the quarter ended April 30, 2026, filed with the SEC on May 29, 2026. Additional information will be made available in other filings and reports that we may file from time to time with the SEC. Except as required by law, we undertake no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, changes in expectations or otherwise.
June 30, 2026 00:26 ET | Source: Digital Realty Trust, L.P.
AUSTIN, Texas, June 30, 2026 (GLOBE NEWSWIRE) -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today the pricing of an underwritten registered public offering of 12,310,249 shares of its common stock by affiliates of Blackstone Inc. (collectively, “Blackstone”) at a public offering price of $185.00 per share. The shares of common stock being sold in this offering will be issued to Blackstone upon the closing of the acquisition by the company of Blackstone's interests in the Digital Carver Dulles 9 and Digital Carver Brickyard joint ventures (the "Blackstone Acquisition"), which is expected to occur on June 30, 2026. Each share of non-voting common stock will automatically convert into one share of the company’s common stock upon its transfer by Blackstone in connection with this offering.
The Company is not offering any shares of common stock in the offering and will not receive any of the proceeds from the sale of shares of its common stock by Blackstone.
The offering is expected to close on July 1, 2026, subject to customary closing conditions, and is conditioned upon the closing of the Blackstone Acquisition.
Morgan Stanley acted as the sole underwriter for the public offering.
The offering is being made pursuant to an effective shelf registration statement (containing a prospectus) filed with the Securities and Exchange Commission (the “SEC”). A final prospectus supplement relating to the offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. A copy of the prospectus supplement and accompanying prospectus relating to the offering may be obtained by contacting Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or other jurisdiction.
About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation, from cloud and digital transformation to emerging technologies like artificial intelligence (AI), and efficiently managing Data Gravity challenges. Digital Realty gives customers access to the connected data communities that matter to them through a global footprint of 300+ facilities in 55+ metros across 30+ countries on six continents.
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Safe Harbor Statement
This press release contains forward-looking statements that are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the occurrence and timing of the closing of the Blackstone Acquisition and the timing and closing of the offering. For a list and description of such risks and uncertainties, see the reports and other filings by Digital Realty Trust, Inc. and Digital Realty Trust, L.P. with the SEC, including Digital Realty Trust, Inc. and Digital Realty Trust, L.P.’s combined Annual Report on Form 10-K for the year ended December 31, 2025 and other documents subsequently filed by the company with the SEC. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Globální nedostatek RAM tažený poptávkou po AI datacentrech zdražuje zařízení a úleva nemusí přijít dříve než v roce 2028. SK Hynix, Micron a Samsung mají malou motivaci trh uvolnit.
A recent This Week in Tech (TWiT) episode titled “Flock of SQLs,” explored an unintended consequence of the AI boom that feels meaningful for semiconductor and consumer hardware stocks. A global RAM shortage driven by AI data center demand is forcing device makers to raise prices. The three dominant memory suppliers, SK Hynix, Micron, and Samsung, have little incentive to relieve the squeeze, and meaningful relief may not arrive until 2028. The panel pinned the trouble on hyperscalers’ demand for DRAM and high-bandwidth memory for AI training and inference, and their ability to outspend PC and console OEMs.
Why Consumer Electronics Are Getting More Expensive Apple (NASDAQ:AAPL | AAPL Price Prediction) recently raised its prices by as much as $200 across its lineup. Daniel Rubino characterized this as Apple’s second price hike, with the first coming in March. Jennifer Pattison Tuohy flagged price increases on older devices like the Apple TV and HomePods. The panel said the Apple iPhone, Apple Watch, and AirPods appear exempt for now, likely because Apple secured supply in advance, though panelists still expect expensive new iPhones in September.
On the Microsoft (NASDAQ:MSFT) side, the panel cited the Xbox climbing from $499 toward $799, a hardware reset for Microsoft attributed to memory cost pressure. Valve, makers of the Steam Machine, reportedly told the panel that RAM suppliers gave them a quoted price “or they wouldn’t talk to us again.” Leo Laporte separately suggested, as his own speculation, that Apple may be lobbying the federal government to lift restrictions on a Chinese chipmaker as part of an effort to find more supply.
Why the Memory Shortage Could Last for Years Dan Patterson described a textbook supply squeeze on the episode. The three dominant memory suppliers, SK Hynix, Micron, and Samsung, are locking buyers into multi-year deals, with Micron pushing 16 companies into five-year contracts. New fabs cost upward of $10 billion and take five-plus years to build, so the incumbents have no commercial reason to flood the market.
The financials at Micron Technology (NASDAQ:MU) line up with that thesis. In fiscal Q3 2026, the company reported revenue of $41.46 billion, a year-over-year jump of 345.7%, with non-GAAP EPS of $25.11 and GAAP gross margin of 84.6%. The Cloud Memory segment alone delivered $13.77 billion. Guidance for Q4 calls for revenue of $50.0 billion ± $1.0 billion and EPS of $31.00 ± $1.00. CEO Sanjay Mehrotra told investors that “Micron’s record fiscal Q3 financial results and even stronger outlook for Q4 reflect the strategic value of memory in the AI era.”
On the earnings call, Mehrotra warned that “we continue to expect supply and demand for both DRAM and NAND to remain tight beyond calendar 2026,” and noted Micron can fulfill only “50% to two-thirds” of some key customers’ demand. New U.S. and Singapore capacity is not slated to ship meaningful volume until mid-calendar 2027 and 2028.
What It Means for Investors The key question is how long the memory shortage lasts. The TWiT panel believes relief is unlikely before 2028, while Micron management has already warned that DRAM and NAND markets should remain tight beyond 2026. If AI infrastructure spending continues at its current pace, memory makers could maintain strong pricing power for years to come. If hyperscalers find ways to reduce memory demand or new manufacturing capacity ramps faster than expected, those tailwinds could begin to fade.
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.
, /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures, and commercializes high-quality medicines for the treatment of oncology, autoimmune, cardiovascular and metabolic, ophthalmology and other major disease areas, and Eli Lilly and Company (NYSE: LLY) today jointly announced that they have entered into a distribution and promotion agreement regarding Lilly's CDK4 & 6 inhibitor Verzenios® (abemaciclib) in mainland China:
Innovent will be responsible for the importation, marketing, distribution and promotion of Verzenios® (abemaciclib) in mainland China; Lilly will continue to be responsible for manufacturing, supply, and development for the product. Verzenios® (abemaciclib), developed by Lilly, is a CDK4 & 6 inhibitor that has been approved in China for multiple indications, including:
(1) Early Breast Cancer: in combination with endocrine therapy (tamoxifen or an aromatase inhibitor) for the adjuvant treatment of adult patients with hormone receptor (HR)-positive, human epidermal growth factor receptor 2 (HER2)-negative, node-positive early breast cancer at high risk of recurrence.
(2) Locally Advanced or Metastatic Breast Cancer:
a) For the treatment of hormone receptor (HR)-positive, human epidermal growth factor receptor 2 (HER2)-negative locally advanced or metastatic breast cancer:
In combination with an aromatase inhibitor as initial endocrine-based therapy in postmenopausal women. In combination with fulvestrant for patients who have experienced disease progression following prior endocrine therapy. b) In combination with imlunestrant: for the treatment of adult patients with estrogen receptor (ER)-positive, HER2-negative, ESR1-mutated locally advanced or metastatic breast cancer who have previously received endocrine therapy.
The product was included in the National Reimbursement Drug List (NRDL) Class B in 2021, becoming the first CDK4 & 6 inhibitor covered by national reimbursement in China. In 2025, it successfully renewed its NRDL listing, achieving full coverage across both early and advanced breast cancer indications.
Under the agreement, Innovent will hold sole commercialization rights for Verzenios® (abemaciclib) in mainland China, while Lilly, as the Marketing Authorization Holder (MAH), will continue to be responsible for manufacturing, supply, and ongoing product development. This collaboration combines Innovent's experienced oncology commercialization team and extensive market reach in China with Lilly's expertise in innovative medicine development and lifecycle management, further enhancing access to this important therapy and benefiting more breast cancer patients across the country.
Dr. Michael Yu, Founder, Chairman of the Board and CEO of Innovent, stated: "We are delighted to further deepen our strategic partnership with Lilly through this eighth collaboration, bringing the number of our partnered, on-market products in China to seven. This also marks the 19th product in Innovent's portfolio. Enhancing patient access to high-quality, innovative medicines has always been at the core of Innovent's mission. Leveraging our established commercial infrastructure and strong market presence in China, we remain focused on addressing critical unmet needs in major oncology indications. Breast cancer, one of the most prevalent and life–threatening malignancies among women, is a strategic priority within Innovent's oncology portfolio. Through this commercial collaboration with Lilly on Verzenios® (abemaciclib) – backed by its robust clinical efficacy, comprehensive labeled indications and national reimbursement coverage – we are expanding our presence in this area, laying a solid foundation for our pipeline development and market expansion deliver lasting benefits to patients in breast cancer."
Huzur Devletsah, Lilly Group Vice President and China General Manager, said: "For 150 years, Lilly has remained committed to putting health above all, advancing human health through scientific innovation and expanding access through collaboration. This agreement for Verzenios® (abemaciclib) is an important step in strengthening patient access in China, combining Lilly's global R&D expertise with Innovent's commercialization capabilities in China. Looking ahead, Lilly will continue to advance its oncology efforts in China. Since the beginning of this year, we have secured approvals for one new medicine (with two indications) and two new additional indications for on market products in China, including Inluriyo®, which has become the first and currently only approved precision therapy in China only targeting ESR1-mutated advanced breast cancer, accelerating the introduction of globally innovative therapies and addressing unmet medical needs."
About Innovent
Innovent is a leading biopharmaceutical company founded in 2011 with the mission to empower patients worldwide with affordable, high-quality biopharmaceuticals. The company discovers, develops, manufactures and commercializes innovative medicines that target some of the most intractable diseases. Its pioneering therapies treat cancer, cardiovascular and metabolic, autoimmune and eye diseases. Innovent has launched 19 products in the market. It has 1 asset in NMPA NDA review, 5 assets in Phase 3 or pivotal clinical trials and 14 more molecules in early clinical stage. Innovent partners with over 30 global healthcare companies, including Lilly, Takeda, Pfizer, Roche, Sanofi, Incyte, LG Chem and MD Anderson Cancer Center.
Guided by the motto, "Start with Integrity, Succeed through Action" Innovent maintains the highest standard of industry practices and works collaboratively to advance the biopharmaceutical industry so that first-rate pharmaceutical drugs can become widely accessible. For more information, visit www.innoventbio.com, or follow Innovent on Facebook and LinkedIn.
Statement:
1) Innovent does not recommend the use of any unapproved drug (s)/indication (s).
2) Ramucirumab (Cyramza) and Selpercatinib (Retsevmo), Pirtobrutinib (Jaypirca) and abemaciclib (Verzenios) were developed by Eli Lilly and Company.
Disclaimer: Innovent does not recommend any off-label usage.
About Lilly
Lilly is a medicine company turning science into healing to make life better for people around the world. We've been pioneering life-changing discoveries for 150 years, and today our medicines help tens of millions of people across the globe. Harnessing the power of biotechnology, chemistry and genetic medicine, our scientists are urgently advancing new discoveries to solve some of the world's most significant health challenges: redefining diabetes care; treating obesity and curtailing its most devastating long-term effects; advancing the fight against Alzheimer's disease; providing solutions to some of the most debilitating immune system disorders; and transforming the most difficult-to-treat cancers into manageable diseases. With each step toward a healthier world, we're motivated by one thing: making life better for millions more people. That includes delivering innovative clinical trials that reflect the diversity of our world and working to ensure our medicines are accessible and affordable.
Forward-Looking Statements of Innovent Biologics
This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to Innovent, are intended to identify certain of such forward-looking statements. Innovent does not intend to update these forward-looking statements regularly.
These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of Innovent with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond Innovent's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, Innovent's competitive environment and political, economic, legal and social conditions.
Honeywell dokončil oddělení letecké divize do samostatné společnosti Honeywell Aerospace, zatímco nově přejmenovaný Honeywell Technologies v pondělí klesl o více než 6 %.
Investors didn’t extend a friendly greeting to two prominent new arrivals on the stock exchange Monday.
Honeywell Technologies (NYSE:HON) isn’t, strictly speaking, a new company or equity on the market. Rather, it’s the new name for the former Honeywell International business, without its aerospace arm. That unit has been spun off into a separate entity called, sensibly, Honeywell Aerospace (NYSE:HONA). Monday was the day the spinoff took effect, and the legacy stock closed that trading session down more than 6%. Let’s explore this a bit.
Image source: Getty Images.
Leaner and cleanerFirst, let’s get a fix on the division of this historically significant American industrial behemoth.
The spinoff of Honeywell Aerospace was announced in February 2025. It followed an exhaustive, year-long portfolio review by current Honeywell Technologies CEO Virnal Kapur. It came several months after the company announced it would spin off its advanced materials business, which these days operates as the standalone Solstice Advanced Materials (SOLS 0.13%).
The cleaving of Honeywell into three smaller companies would result in, CEO Vimal Kapur was quoted as saying at the time, “positioning each to pursue tailored growth strategies.
It would also, he added, “unlock significant value for shareholders and customers.”
Just before Monday’s market debuts of the Honeywells Technologies and Aerospace, the latter’s CEO said that as a standalone, it would be more reactive to the needs of major customers, singling out Boeing (BA 1.18%) and Airbus (EADSY +0.77%).
As for the mechanics of the separation, stockholders in the legacy Honeywell received one common share of Honeywell Aerospace for every two shares of Honeywell International they owned. On Monday morning, the renamed Honeywell Technologies effected a 1-for-2 reverse stock split to recalibrate its share count and price.
Three-headed beastNow that Honeywell Technologies has hived off its aerospace and advanced materials divisions, it’s a leaner but still sprawling industrial conglomerate. These days, it operates within three core business segments — building automation, process automation and technology, and industrial automation.
Helpfully, the “new” company provided data on how it would have done had it operated under its present structure in the recent past. Full-year pro forma 2025 net sales would have been $19.9 billion, which was 3% higher than the 2024 result. The net income line was also up by 3%, to $1.34 billion.
We’ll get an updated look at how Honeywell Technologies has been performing of late with the company’s second-quarter results, slated for release on Thursday, July 23.
Good potential for the pairHoneywell Technologies’ slide in share price is understandable to an extent, as over the course of one trading day, the legacy Honeywell business was reduced by an important business unit. What’s a bit more surprising is that Honeywell Aerospace, after an initial, early-session surge, ended up closing the day nearly 5% down.
This, despite the long-building excitement on the spinoff, not to mention Aerospace’s immediate inclusion on two major equity indexes, the benchmark S&P 500 index and the S&P 100 index (displacing the old Honeywell International in the latter, while Honeywell Technologies “remains” in the former). As a new component of these lineups, Aerospace is an immediate target for many index funds that are ever popular with investors.
The future of spinoff and legacy companies can be tough to predict, but I’d lean towards the view that both “successor” Honeywells will do better separately than in combination.
The aerospace and defense sectors are moving fast these days, so Honeywell Aerospace can really benefit from a more streamlined and nimble operation.
Honeywell Technologies feels a bit less of a potential growth story, but could be something of a sleeper given its strength in building automation in particular — after all, the federal government aims to significantly build out domestic infrastructure, and there’s robust demand for more housing construction. Both developments could play very well into the company’s hands.
Fed nechal 32 největších bank projít zátěžovým testem a ty okamžitě oznámily vyšší dividendy i odkupy akcií. JPMorgan schválila nový buyback za 50 miliard USD a zvýší dividendu o 10 %.
The Federal Reserve gave the country's largest banks a passing grade on its annual stress test last week, and they wasted little time turning it into cash for shareholders. The results, released June 24, showed all 32 of the lenders the central bank examined staying above their minimum capital requirements -- even in a hypothetical recession severe enough to saddle the group with more than $708 billion in loan losses. Within hours, the biggest names began rolling out dividend increases and share buybacks.
The question for investors is which bank delivered the most, and whether the wave of payouts points to genuine strength across the group. Answering it means looking past the size of each payout to the stress capital buffer (SCB) behind it -- the extra cushion of capital the Fed makes each bank hold on top of the minimum, determined in part based on stress-test results and set at no less than 2.5%.
Image source: Getty Images.
JPMorgan Chase JPMorgan Chase (JPM +0.24%), the largest U.S. bank by assets, announced the biggest buyback authorization of the group.
It intends to raise its quarterly dividend 10% to $1.65 per share in the third quarter, and its board authorized a new $50 billion stock buyback that takes effect July 1. That single program is worth about 6% of JPMorgan's roughly $880 billion market value.
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The bank can be this aggressive because the Fed asks it to hold very little extra capital. Its SCB sits at 2.5% -- the lowest level the regulator allows -- and its current standardized common equity tier 1 capital ratio requirement, including regulatory buffers, is 11.5%.
Goldman Sachs Goldman Sachs (GS +0.06%) leaned on its dividend rather than a headline buyback number. The investment bank plans to raise its quarterly payout by 11% to $5.00 per share -- 25% higher than it paid a year ago. Few large banks have grown their dividend that quickly.
Goldman carries a higher buffer than JPMorgan, at 3.4%. That largely reflects its greater reliance on trading and market businesses, which tend to produce larger modeled losses under the Fed's severe scenario.
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Morgan Stanley Morgan Stanley (MS 0.15%) delivered the biggest percentage dividend increase of the four, raising its quarterly payout 15% to $1.15 per share and reauthorizing a multi-year buyback of up to $20 billion. It did so even though it holds the highest SCB of this group, at 4.3% -- again a reflection of the larger losses the Fed models for its trading-heavy business.
It can still afford to be generous. Morgan Stanley's common equity tier 1 ratio (a core measure of a bank's capital strength) stood at 15.1% at the end of March, well above the 11.8% required by the regulator.
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Wells Fargo Wells Fargo (WFC 0.42%) rounded out the group with an 11% dividend increase, to $0.50 per share, and said it has the capacity to keep buying back stock. Like JPMorgan, it operates with an SCB at the 2.5% floor, putting it among the banks the Fed treats as needing the least extra cushion.
Wells Fargo is also the cheapest of the four. The stock trades at a price-to-earnings ratio of about 13, against about 16 for JPMorgan and roughly 19 for both Goldman Sachs and Morgan Stanley. And after the latest raise, it offers the group's highest dividend yield, at about 2.4%.
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Is the payout wave a green light? Taken together, the announcements are a strong vote of confidence. Each of these banks announced higher dividends, and JPMorgan and Morgan Stanley also announced large buyback authorizations, while the Fed's decision to leave these banks' buffers unchanged gives them room to do so without bumping up against regulatory limits. The test itself showed that even a severe hypothetical downturn wouldn't drag the group below its minimums.
But a bigger payout doesn't automatically make a stock a buy.
JPMorgan announced the biggest buyback authorization, and Morgan Stanley raised its dividend the most, yet both trade at premiums to the group on a price-to-earnings basis. For investors weighing what they pay against what they get back, Wells Fargo's mix of the lowest valuation, the highest yield, and a buffer already at the Fed's floor arguably stands out.
Cal-Maine Foods uzavřela dohodu s ministerstvem spravedlnosti USA a 17 státními zástupci; neplatí žádné pokuty, ale zavazuje se k dodržovacím opatřením a zaplatí 1,5 milionu USD.
June 29, 2026 22:45 ET | Source: Cal-Maine Foods, Inc.
RIDGELAND, Miss., June 29, 2026 (GLOBE NEWSWIRE) -- Cal-Maine Foods, Inc. (“Cal-Maine” or “the Company”) (Nasdaq: CALM) today announced that it has reached an agreement to resolve the claims of the U.S. Department of Justice (DOJ) and 17 states' attorneys general against the Company, subject to applicable approvals and court procedures. The agreement follows a 15-month-long investigation by the DOJ that centered broadly on whether egg producers that had organized a cooperative to supply eggs to customers in compliance with cage-free requirements in certain markets were attempting to manipulate an industry price index by sharing information about bidding activities. Cal-Maine was a member of the cooperative, but exited in May 2024, prior to and unrelated to the initiation of the DOJ’s investigation.
Cal-Maine cooperated fully in the comprehensive review process. The Company denies all wrongdoing and violations of law and continues to believe that such claims are baseless and that its conduct was lawful, appropriate and in the best interest of supplying eggs to the marketplace. Cal-Maine further maintains that the Company's communications cited in the complaint – which were made primarily by a single former employee – did not impact egg prices in any market.
Under the terms of the agreement, Cal-Maine was not assessed any fines or penalties and has agreed to implement certain compliance and reporting measures. With respect to claims by the states’ attorneys general, Cal-Maine agreed to donate 30 million eggs, supplementing its contributions to food banks and non-profits across the country as part of the Company’s long-standing commitment to communities in need. In addition, Cal-Maine agreed to pay a total of $1.5 million to such states to resolve this matter.
“We are pleased that this agreement enables us to move forward so we can devote our full attention to what matters most: delivering affordable, high-quality eggs and egg-based prepared foods to consumers nationwide, while helping ensure a reliable domestic supply of a nutritious, everyday staple that families depend on,” said Sherman Miller, president and chief executive officer of Cal-Maine Foods.
“As farmers, we face extreme variability across supply and demand in dynamic and often unpredictable markets, and the ability to navigate that delicate balance is what makes farmers so valuable to U.S. food security. The period reviewed by the DOJ was a particularly challenging time. Temporary supply shocks, including in connection with multiple outbreaks of avian influenza, the COVID-19 pandemic, weather and other market dynamics – compounded by high inflation at the time – caused egg prices to surge periodically over the past five years.
Miller continued, “In order to help customers avoid empty shelves, Cal-Maine took numerous steps to protect and grow its hen flock during this period, including investing more than $88 million in industry-leading biosecurity since 2015 and significantly increasing the number of total chicks hatched. As bird-health issues resolved and supply recovered, the market has flipped: today, egg supply is higher and wholesale egg prices are now at record lows. We will continue to manage highs and lows to proudly help our customers keep shelves stocked to feed Americans.
Miller concluded, “Our values drive everything we do at Cal-Maine, and being a good partner to our valued customers is core to how we do business. That’s why we regularly review and strengthen the way we work across operations, governance, compliance, and safety. We have robust compliance policies and training in place and hold ourselves to the highest standards.”
About Cal-Maine Foods
Cal-Maine Foods, Inc. (Nasdaq: CALM) is the largest egg company in the United States and a leading player in the egg-based food industry. With a strong national footprint, Cal-Maine provides nutritious, affordable, and sustainable protein to millions of households every day.
The Company’s portfolio spans the full egg value ladder—from conventional to specialty, including cage-free, organic, brown, free-range, pasture-raised, and nutritionally enhanced—serving both retail and foodservice customers nationwide. Cal-Maine Foods also participates in the growing prepared foods sector, with offerings such as pre-cooked egg patties, omelets, folded and scrambled egg formats, hard-cooked eggs, pancakes, waffles, and specialty wraps. Its branded portfolio includes Eggland’s Best®, Land O’Lakes®, Farmhouse Eggs®, 4Grain®, Sunups®, Sunny Meadow®, MeadowCreek Foods®, Van’s®, and Crepini®.
Headquartered in Ridgeland, Mississippi, Cal-Maine’s strategy combines scale, operational excellence, and financial discipline with a commitment to innovation and sustainability, to enable the company to deliver trusted nutrition, enduring partnerships, and long-term value for its stakeholders.
Forward-Looking Statements
Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. The forward-looking statements are based on management’s current intent, belief, expectations, estimates, and projections regarding the Company’s agreement with the DOJ. These statements are not guarantees of future performance and involve risks, uncertainties, assumptions, and other factors that are difficult to predict and may be beyond our control. The factors that could cause actual results to differ materially from those projected in the forward-looking statements include, among others, the Company’s ability to obtain court approval of the its agreement with the DOJ as well as] the risk factors set forth in the Company’s SEC filings (including its Annual Report on Form 10-K, as updated in Part II Item 1A of the Company’s Quarterly Reports on Form 10-Q and in its Current Reports on Form 8-K). The Company’s SEC filings may be obtained from the SEC or the Company’s website, www.calmainefoods.com. Readers are cautioned not to place undue reliance on forward-looking statements because, while the company believes the assumptions on which the forward-looking statements are based are reasonable, there can be no assurance that these forward-looking statements will prove to be accurate. Further, forward-looking statements included herein are made only as of the respective dates thereof, or if no date is stated, as of the date hereof. Except as otherwise required by law, the Company disclaims any intent or obligation to update publicly these forward-looking statements, whether because of new information, future events, or otherwise.
Rozdělení Comcast a NBCUniversal by podle analytiků nemělo vyvolat velké regulační obavy, ale případný budoucí prodej některé z částí může přitáhnout regulátory. Největší riziko vidí trh u FCC a schvalování ovlivněného Trumpem.
Comcast’s plan to split from NBCUniversal isn’t expected to draw much in the way of antitrust scrutiny. After all, the companies are essentially de-consolidating.
But after Monday’s news of the move, questions remain as to what the company will face, perhaps not so much for the split but if either of the two new entities is eventually sold.
Comcast co-CEO Brian Roberts said on an investor call today that the plan was “absolutely not” to prime the company for M&A, but to “put each company in the strongest position to create value, fully monetize its assets and aggressively pursue its own organic growth strategies.”
That said, speculation will likely continue, particularly if Paramount completes its acquisition of Warner Bros. Discovery, a $110 billion mega merger that has been expected to lead to other transactions.
Hanging over all of this has been the Trump administration.
While it’s still viewed in corporate circles as much more favorable to mergers than the Biden administration, winning regulatory approval also has come with a cost. The then-Paramount Global settled Trump’s lawsuit against CBS over the way 60 Minutes edited an interview with Kamala Harris, in a move widely seen as smoothing the way for FCC approval of Skydance’s purchase a few weeks later. Skydance also made commitments favored by the administration, including a vow not to pursue diversity, equity and inclusion policies and another to hire a CBS News ombudsman. New Street Research’s Blair Levin dubbed it a “Trump transaction tax.”
Here are some factors to consider on the road ahead for the Comcast-NBCU split:
FCC The FCC. The exact structure of the Comcast split has not been announced, but some analysts say it will not trigger an FCC review.
That is a big deal under any circumstances. The FCC reviews transactions that transfer control of broadcast licenses and, through a process that includes public comment, determines whether they are in the “public interest.” That injects a bit of uncertainty, but there’s some expectation that Comcast could structure the deal in a way that control of NBC’s broadcast stations does not transfer.
Back in 2005, Viacom did a split with CBS that did not undergo an FCC review. The old Viacom was renamed CBS Corp., while cable networks went to “new Viacom.” Of course, the company eventually re-merged in 2019. Still unclear is whether any other licenses Comcast holds, such as those for satellite earth stations and wireless, would be part of an FCC review, albeit those are seen as less of a challenge.
Comcast has been one of Trump’s targets: He has dubbed the company “Concast” as he has railed against news coverage and has attacked Roberts personally. FCC chairman Brendan Carr, appointed by Trump, has launched investigations into the company’s DEI practices and its relationships with its affiliates. He also has not ruled out further orders requiring early renewals of broadcast licenses, as he did with Disney.
Gigi Sohn, counselor to Obama-era FCC chairman Tom Wheeler and senior fellow at the Benton Institute, said that to go through an FCC transfer would be “walking right into it.” “Then you are at Brendan Carr’s mercy,” she said.
DOJ. The split itself is not expected to raise antitrust issues, but there is some question of what happens next, after the transaction is completed. That process is expected to take about a year.
The Department of Justice in D.C. Andrew Harnik/Getty Images John C. Hodulik, analyst for UBS, wrote in a research note Monday that the split “makes it more likely the companies will be involved in M&A in the future (within the boundaries of the tax free status of the spin).”
If there is some kind of future deal, there could be some antitrust issues, more so if NBCU is not the buyer but the entity being sold. Diana Moss, vice president and director of competition policy at the Progressive Policy Institute, wrote via email, “If it is a bigger player, then the question is whether that creates higher concentration in streaming. Who they sell to is more complicated than most would think.”
As for Comcast, she wrote that there may be issues with a combination in an industry that already has seen the proposed merger of Charter with Cox. She wrote, “There is pretty high concentration in cable and digital broadcast satellite multi-video programming distribution. Some past cable mergers have been controversial for that reason.” She wrote that she would expect “political intervention by Trump” and other regulators. “Sad…,” she wrote.
For now, Comcast is dismissing M&A talk, but there also is the matter of timing. If a Democrat is elected to the White House in 2028, the pressure on the new president could be on to take an overall hard line against mergers, creating something of a scramble to get deals through even in a Trump-influenced environment.
Hodulik wrote that the split “has started to fuel conversation around industry M&A and strategic optionality for both businesses going forward.”
He wrote, “This includes potential consolidation in cable distribution, where secular pressures from fiber, fixed wireless and satellite are impacting the core broadband business. In Media, we have seen high profile deals over the past year (FOX/ROKU, PSKY/WBD), leaving NBCU as a smaller scale Media asset. That said, any M&A would likely take time in order to preserve the tax free nature of the spin.”
Hasbro (HAS - Free Report) ended the recent trading session at $84.44, demonstrating a -1.04% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 1.18%. Elsewhere, the Dow gained 0.59%, while the tech-heavy Nasdaq added 2.07%.
Coming into today, shares of the toy maker had lost 0.97% in the past month. In that same time, the Consumer Discretionary sector lost 1.1%, while the S&P 500 lost 2.9%.
The investment community will be paying close attention to the earnings performance of Hasbro in its upcoming release. The company's earnings per share (EPS) are projected to be $1.18, reflecting a 9.23% decrease from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $1.05 billion, indicating a 6.82% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.01 per share and a revenue of $4.98 billion, indicating changes of +8.48% and +5.94%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Hasbro. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.84% higher. Hasbro currently has a Zacks Rank of #2 (Buy).
With respect to valuation, Hasbro is currently being traded at a Forward P/E ratio of 14.21. Its industry sports an average Forward P/E of 10.64, so one might conclude that Hasbro is trading at a premium comparatively.
It is also worth noting that HAS currently has a PEG ratio of 2.09. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Toys - Games - Hobbies industry currently had an average PEG ratio of 1.67 as of yesterday's close.
The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 110, which puts it in the top 46% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Badger Meter (BMI - Free Report) closed the most recent trading day at $138.67, moving -1.57% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 1.18%. Meanwhile, the Dow experienced a rise of 0.59%, and the technology-dominated Nasdaq saw an increase of 2.07%.
Shares of the manufacturer of products that measure gas and water flow have appreciated by 13.7% over the course of the past month, outperforming the Computer and Technology sector's loss of 5.33%, and the S&P 500's loss of 2.9%.
The investment community will be paying close attention to the earnings performance of Badger Meter in its upcoming release. The company is expected to report EPS of $1.01, down 13.68% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $219.66 million, indicating a 7.75% downward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.51 per share and revenue of $909.27 million, which would represent changes of -5.85% and -0.81%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Badger Meter. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Badger Meter currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Badger Meter has a Forward P/E ratio of 31.24 right now. This signifies no noticeable deviation in comparison to the average Forward P/E of 31.24 for its industry.
Investors should also note that BMI has a PEG ratio of 2.53 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. BMI's industry had an average PEG ratio of 1.94 as of yesterday's close.
The Instruments - Control industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 110, putting it in the top 46% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
In the latest trading session, Copa Holdings (CPA - Free Report) closed at $155.53, marking a -1.06% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.18%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 2.07%.
Shares of the holding company for Panama's national airline have appreciated by 10.01% over the course of the past month, outperforming the Transportation sector's gain of 2.8%, and the S&P 500's loss of 2.9%.
The investment community will be closely monitoring the performance of Copa Holdings in its forthcoming earnings report. The company is expected to report EPS of $1.9, down 47.37% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $1.07 billion, reflecting a 27.12% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $15.96 per share and a revenue of $4.38 billion, signifying shifts of -1.97% and +21.16%, respectively, from the last year.
Any recent changes to analyst estimates for Copa Holdings should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 1.43% higher within the past month. Copa Holdings is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Copa Holdings's current valuation metrics, including its Forward P/E ratio of 9.85. For comparison, its industry has an average Forward P/E of 11.9, which means Copa Holdings is trading at a discount to the group.
Also, we should mention that CPA has a PEG ratio of 1.2. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Transportation - Airline industry had an average PEG ratio of 1.15 as trading concluded yesterday.
The Transportation - Airline industry is part of the Transportation sector. Currently, this industry holds a Zacks Industry Rank of 208, positioning it in the bottom 15% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow CPA in the coming trading sessions, be sure to utilize Zacks.com.
Shares of ride-hailing giant Uber Technologies (UBER 1.16%) have rebounded recently as investors warm to the idea that robotaxis could become a major new growth driver. Shares are up about 7% over the last month and 5% in the last week alone. At close to $76 as of this writing, though, the stock still sits about 25% below its 52-week high near $102.
The recent optimism toward the stock is easy to understand. What's harder to pin down, however, is what Uber actually owns in the autonomous race.
Here is the part the robotaxi excitement tends to gloss over: Uber doesn't build the cars, doesn't write the self-driving software, and doesn't own the vehicles carrying its riders. Its plan is to be the app that books the trip, whoever's autonomous car shows up. That asset-light approach could be Uber's biggest advantage in autonomy -- or its biggest vulnerability, depending on how the next few years unfold.
Image source: Getty Images.
A platform, not a fleet Uber's pitch to investors and autonomous-car manufacturers is about aggregation.
It has reportedly signed up about 30 autonomous partners -- robotaxi developers, delivery-bot makers, and self-driving trucking firms -- and wants to be the marketplace where that capacity meets demand. The early traction backs up the idea: Uber recently said autonomous trips on its platform grew about tenfold over the past year, and management is targeting driverless service in up to 15 cities by the end of 2026.
"We get to work with everybody in the ecosystem," Uber CEO Dara Khosrowshahi told Fast Company in a June interview, pointing to a network that handles more than 40 million trips a day. The logic is that with that much demand, Uber can keep a partner's expensive cars busy in ways a single operator running its own app can't.
And the core business gives the pitch weight. In the first quarter of 2026, Uber's revenue rose 14% year over year to $13.2 billion, gross bookings climbed 25% to $53.7 billion, and trips grew 20% to 3.64 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 33% to about $2.5 billion.
A network this large is exactly what a robotaxi operator with idle cars might want to plug into.
But the biggest fleet doesn't need Uber The catch is who actually owns the robotaxis on the road today. Alphabet's Waymo is the largest operator by far, running a fleet of more than 3,000 driverless cars and delivering around half a million paid rides a week, with a goal of 1 million by the end of 2026. And Waymo mostly routes those riders through its own app, not Uber's. And the two are now drifting apart -- Waymo still runs on Uber's platform in a couple of markets.
Tesla, meanwhile, is building a robotaxi service on cars and software it controls end-to-end. Uber's answer is to buy its way into the supply of its own. The company has reportedly committed more than $10 billion to autonomous vehicles. That includes a deal for at least 35,000 robotaxis built on electric vehicles from Lucid Group and equipped with Nuro's self-driving system, plus an arrangement for as many as 50,000 autonomous vehicles from Rivian.
But these arrangements will take time to start making a difference for Uber. The Lucid-Nuro robotaxi service is slated for a public launch later this year. And the Rivian fleet isn't expected to start deployments until 2028.
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Meanwhile, Uber's valuation leaves little room for slip-ups. Its forward price-to-earnings ratio of 24 isn't expensive, but it's not cheap either. In other words, it isn't extreme for a company growing gross bookings above 20%, but it's high enough that it arguably does assume the partner-based autonomy strategy adds value rather than erodes it.
So does Uber's asset-light bet make it a robotaxi winner, or leave it dependent on the rivals that build the cars? Probably something in between. Sure, the platform model could prove durable if autonomy fragments across many operators that all need Uber's demand to fill seats. But it could suffer if a handful of owners like Waymo reach the scale to run their own networks and keep the economics. For now, Uber is paying up to ensure it has cars to fall back on -- a sensible hedge, but also a quiet admission that aggregating other companies' robotaxis may not be the durable advantage implied by the rising share price.
Australský regulátor žaluje Amazon AU kvůli údajným nefér podmínkám Prime Video, které umožnily přidání reklam bez kompenzace pro více než 1 milion ročních předplatitelů od listopadu 2023 do srpna 2025.
A downtown building is wrapped in Amazon Prime advertising ahead of Comic-Con International, in San Diego, California, U.S. July 22, 2025. REUTERS/Mike Blake Purchase Licensing Rights, opens new tab
SummaryCompaniesAustralian competition watchdog sues Amazon's local unitACCC alleges Amazon unit used unfair Prime Video contract termsACCC seeking declarations, penalties, among other ordersJune 30 (Reuters) - Australia's competition regulator said on Tuesday it has taken Amazon's (AMZN.O), opens new tab Australian unit to court, alleging its Prime subscription contracts contained unfair terms that allowed the company to add advertising to its video streaming platform.
The Australian Competition and Consumer Commission (ACCC) alleged that between November 2023 and August 2025, Amazon Australia used unfair Prime Video contract terms to make negative changes for over 1 million annual subscribers without offering compensation.
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"We allege that Amazon AU included multiple unfair terms in its contracts with Australian annual Prime subscribers, and it then relied on some of these terms to bring ads onto Amazon Prime Video," said ACCC Chair Gina Cass-Gottlieb.
After July 2024, subscribers who wanted to maintain ad-free streaming had to pay an additional A$2.99 per month. This was despite annual subscribers already having paid A$79 ($54.40) upfront for the service, the ACCC added in its statement.
The regulator also alleged that Amazon.com Services LLC was knowingly concerned in the Australian unit's conduct, adding that the former was involved in drafting the Australian contracts that contained the terms.
The ACCC is seeking declarations, penalties, consumer redress, costs and other orders.
In an emailed response to Reuters, a spokesperson for Amazon Australia said the firm is "reviewing the case filed by the ACCC in detail" and had cooperated with the regulator throughout the investigation.
The ACCC investigated Amazon's local unit's contracts after receiving consumer reports about the introduction of ads to Prime Video in 2024, according to its statement.
($1 = 1.4522 Australian dollars)
Reporting by Shivangi Lahiri in Bengaluru, additional reporting by Kumar Tanishk; Editing by Maju Samuel and Vijay Kishore
Our Standards: The Thomson Reuters Trust Principles., opens new tab
In the latest trading session, Target (TGT - Free Report) closed at $133.92, marking a -4.61% move from the previous day. This move lagged the S&P 500's daily gain of 1.18%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
The stock of retailer has risen by 10.48% in the past month, leading the Retail-Wholesale sector's loss of 5.89% and the S&P 500's loss of 2.9%.
The investment community will be paying close attention to the earnings performance of Target in its upcoming release. In that report, analysts expect Target to post earnings of $2.21 per share. This would mark year-over-year growth of 7.8%. Meanwhile, the latest consensus estimate predicts the revenue to be $26 billion, indicating a 3.15% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $8.35 per share and a revenue of $108.83 billion, demonstrating changes of +10.3% and +3.87%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Target. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.02% increase. Target is holding a Zacks Rank of #3 (Hold) right now.
In the context of valuation, Target is at present trading with a Forward P/E ratio of 16.81. This represents a discount compared to its industry average Forward P/E of 27.4.
Investors should also note that TGT has a PEG ratio of 2.74 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. TGT's industry had an average PEG ratio of 2.39 as of yesterday's close.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 40, putting it in the top 17% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
In the latest close session, Lowe's (LOW - Free Report) was down 1.31% at $219.57. This change lagged the S&P 500's daily gain of 1.18%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
The home improvement retailer's stock has climbed by 3.79% in the past month, exceeding the Retail-Wholesale sector's loss of 5.89% and the S&P 500's loss of 2.9%.
The upcoming earnings release of Lowe's will be of great interest to investors. The company's earnings report is expected on August 19, 2026. The company is predicted to post an EPS of $4.26, indicating a 1.62% decline compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $26.25 billion, showing a 9.54% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $12.48 per share and a revenue of $93.09 billion, signifying shifts of +1.55% and +7.89%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for Lowe's. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 0.09% fall in the Zacks Consensus EPS estimate. Lowe's is currently a Zacks Rank #3 (Hold).
Investors should also note Lowe's's current valuation metrics, including its Forward P/E ratio of 17.83. This denotes a discount relative to the industry average Forward P/E of 23.24.
Investors should also note that LOW has a PEG ratio of 2.81 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Retail - Home Furnishings industry had an average PEG ratio of 2.04.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 232, positioning it in the bottom 5% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Abbott klesl o 1,5 % na 92,71 USD, zatímco S&P 500 vzrostl o 1,18 %. Firma zveřejní výsledky za čtvrtletí 16. července; odhad EPS je 1,28 USD a tržby 12,53 mld. USD.
Abbott (ABT - Free Report) closed the most recent trading day at $92.71, moving -1.5% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 1.18%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
Prior to today's trading, shares of the maker of infant formula, medical devices and drugs had gained 9.95% outpaced the Medical sector's gain of 7.96% and the S&P 500's loss of 2.9%.
Analysts and investors alike will be keeping a close eye on the performance of Abbott in its upcoming earnings disclosure. The company's earnings report is set to go public on July 16, 2026. The company's earnings per share (EPS) are projected to be $1.28, reflecting a 1.59% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $12.53 billion, indicating a 12.43% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.48 per share and revenue of $50.49 billion, which would represent changes of +6.41% and +13.9%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Abbott. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.02% higher. Abbott presently features a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Abbott has a Forward P/E ratio of 17.18 right now. This valuation marks a discount compared to its industry average Forward P/E of 18.95.
Meanwhile, ABT's PEG ratio is currently 1.62. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. ABT's industry had an average PEG ratio of 1.65 as of yesterday's close.
The Medical - Products industry is part of the Medical sector. This industry, currently bearing a Zacks Industry Rank of 169, finds itself in the bottom 31% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ABT in the coming trading sessions, be sure to utilize Zacks.com.
Eli Lilly zakončila obchodování růstem o 1,81 % na 1 229,93 USD, čímž překonala denní zisk indexu S&P 500. Před zveřejněním výsledků trh očekává EPS 9,01 USD a tržby 20,44 miliardy USD.
Eli Lilly (LLY - Free Report) ended the recent trading session at $1,229.93, demonstrating a +1.81% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 1.18%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 2.07%.
Heading into today, shares of the drugmaker had gained 9.33% over the past month, outpacing the Medical sector's gain of 7.96% and the S&P 500's loss of 2.9%.
The upcoming earnings release of Eli Lilly will be of great interest to investors. The company is expected to report EPS of $9.01, up 42.79% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $20.44 billion, showing a 31.39% escalation compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $35.67 per share and revenue of $85.6 billion. These totals would mark changes of +47.34% and +31.33%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Eli Lilly. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.02% higher. As of now, Eli Lilly holds a Zacks Rank of #3 (Hold).
In the context of valuation, Eli Lilly is at present trading with a Forward P/E ratio of 33.87. This denotes a premium relative to the industry average Forward P/E of 15.73.
Investors should also note that LLY has a PEG ratio of 1.33 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Large Cap Pharmaceuticals industry currently had an average PEG ratio of 2.74 as of yesterday's close.
The Large Cap Pharmaceuticals industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 92, which puts it in the top 38% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Melius Research zahájila pokrytí Seagate a Western Digital s doporučením koupit a cílovými cenami zhruba o 55 % nad aktuální cenou. Obě firmy těží z poptávky po AI, silných marží a vysokého volného cash flow.
CNBC’s Oliver Renick highlighted a split in investor sentiment on his Options Action segment this morning. Melius Research initiated coverage of Seagate and Western Digital as Buy-rated stocks, with price targets about 55% above current levels. Renick reported that options flow leaned bullish in each stock, with roughly twice as many calls bought as puts, but that overall volume was “surprisingly muted” compared with the heat in adjacent memory names.
Seagate: Margins and Cash Flow Reset Higher Seagate Technology (NASDAQ:STX | STX Price Prediction) closed its March quarter with revenue of $3.11 billion, up 44.1% year over year, and non-GAAP EPS of $4.10 against a $3.50 consensus. Non-GAAP gross margin printed at 47.0%, up from 36.2% a year earlier, and free cash flow reached $953 million versus $216 million in the prior-year quarter. The company also retired roughly $641 million in debt during the quarter.
CEO Dave Mosley framed the setup as durable, telling investors that, “Seagate is entering a new era of structural growth as AI applications amplify data creation and support sustained storage demand.” Guidance for the June quarter calls for revenue of $3.45 billion plus or minus $100 million and non-GAAP EPS of $5.00 plus or minus $0.20.
Western Digital: A Pure-Play HDD Story Crosses 50% Gross Margin Western Digital (NASDAQ:WDC), now a pure-play HDD company after the February 2025 spin-off of its Flash business into Sandisk, reported Q3 FY2026 revenue of $3.337 billion, up 45.47% year over year, with non-GAAP EPS of $2.72 versus a $2.392 estimate. Non-GAAP gross margin reached 50.5%, and free cash flow came in at $978 million.
CEO Irving Tan tied the result to AI workloads, stating that “Virtually every AI workload, from training, inference, agentic AI to physical AI, creates data that is stored persistently and cost-efficiently on HDDs.” Management also raised the quarterly cash dividend by 20% to $0.15 per share and repurchased $752 million of stock during the quarter. Q4 FY2026 guidance calls for revenue of about $3.65 billion, non-GAAP gross margin of 51%-52%, and non-GAAP EPS of $3.25 plus or minus $0.15.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Western Digital didn't make the cut. Grab the names FREE today.
Memory Stocks Are Sending a Different Signal While Seagate and Western Digital attracted modestly bullish options activity, the rest of the memory sector looked far less optimistic. Renick noted that Micron was the most actively traded name of the morning, with nearly 300,000 options contracts changing hands and implied volatility around 100. Even so, the stock remained only slightly above its pre-earnings level, suggesting traders are still uncertain about its near-term direction.
SanDisk also came under pressure, with more than twice as many call options sold as bought. The bearish positioning coincided with reports that South Korean rivals SK Hynix and Samsung plan to invest roughly $500 billion in new manufacturing hubs. Renick also noted that the DRAM ETF was down 6.5%, underscoring the broader weakness across memory stocks.
What Investors Should Watch Next Melius Research believes Seagate and Western Digital are well positioned to benefit from a favorable supply-and-demand backdrop in hard disk drives, a thesis supported by both companies’ record margins, strong free cash flow, and improving shareholder returns.
The next signal to watch is whether options traders begin matching that optimism. If bullish options activity and trading volume increase, it could suggest broader investor confidence is building behind the analyst call. If traders continue favoring hedges in names like Micron and SanDisk instead, it would indicate investors remain cautious about the broader memory sector despite the bullish outlook for Seagate and Western Digital.
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Hub Group čelí hromadné žalobě kvůli údajnému podvodnému účetnictví a zkresleným výkazům za období od 28. dubna 2023 do 11. května 2026. Firma už dříve uvedla, že některé tržby a náklady byly uznány chybně.
, /PRNewswire/ -- Bleichmar Fonti & Auld LLP ("BFA") announces it has filed a securities fraud class action against Hub Group, Inc. ("Hub Group" or the "Company") and certain of the Company's senior executives and directors. The class action lawsuit asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Hub Group securities between April 28, 2023 and May 11, 2026, inclusive (the "Class Period"). The class action is pending in the U.S. District Court for the Northern District of Illinois. It is captioned Lawler v. Hub Group, Inc., No. 26-cv-07596.
What is the Hub Group Class Action Lawsuit About?
Hub Group is a transportation and logistics freight carrier that provides trucking and related services to operators across the supply chain. The Company services a customer base extending across various industries, including retail, consumer products, automotive, and durable goods, and reports to be one of the largest freight transportation providers in North America.
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements concerning the premature and incorrect revenue recognition of certain transactions, the understatement of purchased transportation costs and accounts payable, the effectiveness of internal controls, and the Company's drivers of financial results and growth.
On February 5, 2026, Hub Group announced that the Company's financial statements for the first three quarters of 2025 should not be relied upon and would be restated due to "an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025." The Company revealed that its reports for those quarters "were in each case materially misstated due to the aforementioned error and should no longer be relied upon" and that "the Company [wa]s also continuing to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting and appropriate remediation steps." The Company also estimated that "[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million."
This news caused the price of Hub Group stock to decline roughly 18%, from $51.33 per share at close on February 5, 2026, to $41.96 per share at close on February 6, 2026.
On May 12, 2026, Hub Group announced that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," causing its 2023 and 2024 annual reports filed with the SEC to be "materially misstated," such that they "should no longer be relied upon." The Company did not quantify the expected misstatement, although it "expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023."
This news caused the price of Hub Group stock to decline a further 13%, from $41.86 per share at close on May 11, 2026, to $36.62 per share at close on May 12, 2026.
What are my Rights?
Not later than August 28, 2026, which is the first business day after 60 days from the date of the publication of this notice, any member of the purported class may move the Court to serve as Lead Plaintiff through counsel of their choice, or may choose to do nothing and remain a member of the proposed class. The ability to share in any potential future recovery is not dependent on serving as Lead Plaintiff.
About BFA Law
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Cohen & Steers Quality Income Realty Fund oznámil odhad červnové distribuce 0,0900 USD na akcii, v plné výši z běžného investičního výnosu. Od začátku roku činí distribuce 0,5400 USD na akcii.
, /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) (the "Fund") with information regarding the sources of the distribution to be paid on June 30, 2026 and cumulative distributions paid fiscal year-to-date.
In December 2012, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. The managed distribution policy seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The policy gives the Fund greater flexibility to realize long-term capital gains throughout the year and to distribute those gains on a regular monthly basis to shareholders. The Board of Directors of the Fund may amend, terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund's shares.
The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes. Return of capital includes distributions paid by the Fund in excess of its net investment income and net realized capital gains and such excess is distributed from the Fund's assets. A return of capital is not taxable; rather, it reduces a shareholder's tax basis in his or her shares of the Fund. In addition, distributions from the Fund's investments in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to the Fund after year-end by REITs held by the Fund. The amount of monthly distributions may vary depending on a number of factors, including changes in portfolio and market conditions.
At the time of each monthly distribution, information will be posted to cohenandsteers.com and mailed to shareholders in a concurrent notice. However, this information may change at the end of the year because the final tax characteristics of the Fund's distributions cannot be determined with certainty until after the end of the calendar year. Final tax characteristics of all of the Fund's distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated. All amounts are expressed per common share.
DISTRIBUTION ESTIMATES
June 2026
YEAR-TO-DATE (YTD)
June 30, 2026*
Source
Per Share Amount
% of Current Distribution
Per Share Amount
% of 2026 Distributions
Net Investment Income
$0.0900
100.00 %
$0.1090
20.19 %
Net Realized Short-Term Capital Gains
$0.0000
0.00 %
$0.0000
0.00 %
Net Realized Long-Term Capital Gains
$0.0000
0.00 %
$0.4310
79.81 %
Return of Capital (or other Capital Source)
$0.0000
0.00 %
$0.0000
0.00 %
Total Current Distribution
$0.0900
100.00 %
$0.5400
100.00 %
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution policy. The amounts and sources of distributions reported in this Notice are only estimates, are likely to change over time, and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The amounts and sources of distributions year-to-date may be subject to additional adjustments.
*THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.
The Fund's Year-to-date Cumulative Total Return for fiscal year 2026 (January 1, 2026 through May 31, 2026) is set forth below. Shareholders should take note of the relationship between the Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate for 2026. In addition, the Fund's Average Annual Total Return for the five-year period ending May 31, 2026 is set forth below. Shareholders should note the relationship between the Average Annual Total Return with the Fund's Current Annualized Distribution Rate for 2026. The performance and distribution rate information disclosed in the table is based on the Fund's net asset value per share (NAV). The Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. While NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's individual investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Fund Performance and Distribution Rate Information:
Year-to-date January 1, 2026 to May 31, 2026
Year-to-date Cumulative Total Return1
14.32 %
Cumulative Distribution Rate2
4.04 %
Five-year period ending May 31, 2026
Average Annual Total Return3
5.18 %
Current Annualized Distribution Rate4
8.09 %
1.
Year-to-date Cumulative Total Return is the percentage change in the Fund's NAV over the year-to-date time period including distributions paid and assuming reinvestment of those distributions.
2.
Cumulative Distribution Rate for the Fund's current fiscal period (January 1, 2026 through June 30, 2026) measured on the dollar value of distributions in the year-to-date period as a percentage of the Fund's NAV as of May 31, 2026.
3.
Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ending May 31, 2026. Annual NAV Total Return is the percentage change in the Fund's NAV over a year including distributions paid and assuming reinvestment of those distributions.
4.
The Current Annualized Distribution Rate is the current fiscal period's distribution rate annualized as a percentage of the Fund's NAV as of May 31, 2026.
Investors should consider the investment objectives, risks, charges and expense of the Fund carefully before investing. You can obtain the Fund's most recent periodic reports, when available, and other regulatory filings by contacting your financial advisor or visiting cohenandsteers.com. These reports and other filings can be found on the Securities and Exchange Commission's EDGAR Database. You should read these reports and other filings carefully before investing.
Shareholders should not use the information provided here in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report Fund distributions for federal income tax purposes.
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.
Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the company's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties.
Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
Cohen & Steers Total Return Realty Fund uvedl, že červnová distribuce ve výši 0,0800 USD na akcii bude z 77,88 % tvořena čistým investičním výnosem. Od začátku roku tvoří 64,63 % výplaty návrat kapitálu.
, /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) (the "Fund") with information regarding the sources of the distribution to be paid on June 30, 2026 and cumulative distributions paid fiscal year-to-date.
In December 2011, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. The managed distribution policy seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The policy gives the Fund greater flexibility to realize long-term capital gains throughout the year and to distribute those gains on a regular monthly basis to shareholders. The Board of Directors of the Fund may amend, terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund's shares.
The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes. Return of capital includes distributions paid by the Fund in excess of its net investment income and net realized capital gains and such excess is distributed from the Fund's assets. A return of capital is not taxable; rather, it reduces a shareholder's tax basis in his or her shares of the Fund. In addition, distributions from the Fund's investments in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to the Fund after year-end by REITs held by the Fund. The amount of monthly distributions may vary depending on a number of factors, including changes in portfolio and market conditions.
At the time of each monthly distribution, information will be posted to cohenandsteers.com and mailed to shareholders in a concurrent notice. However, this information may change at the end of the year because the final tax characteristics of the Fund's distributions cannot be determined with certainty until after the end of the calendar year. Final tax characteristics of all of the Fund's distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated. All amounts are expressed per common share.
DISTRIBUTION ESTIMATES
June 2026
YEAR-TO-DATE (YTD)
June 30, 2026*
Source
Per Share
Amount
% of Current
Distribution
Per Share
Amount
% of 2026
Distributions
Net Investment Income
$0.0623
77.88 %
$0.1540
32.08 %
Net Realized Short-Term Capital Gains
$0.0158
19.75 %
$0.0158
3.29 %
Net Realized Long-Term Capital Gains
$0.0000
0.00 %
$0.0000
0.00 %
Return of Capital (or other Capital Source)
$0.0019
2.37 %
$0.3102
64.63 %
Total Current Distribution
$0.0800
100.00 %
$0.4800
100.00 %
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution policy. The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'. The amounts and sources of distributions reported in this Notice are only estimates, are likely to change over time, and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The amounts and sources of distributions year-to-date may be subject to additional adjustments.
*THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.
The Fund's Year-to-date Cumulative Total Return for fiscal year 2026 (January 1, 2026 through May 31, 2026) is set forth below. Shareholders should take note of the relationship between the Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate for 2026. In addition, the Fund's Average Annual Total Return for the five-year period ending May 31, 2026 is set forth below. Shareholders should note the relationship between the Average Annual Total Return with the Fund's Current Annualized Distribution Rate for 2026. The performance and distribution rate information disclosed in the table is based on the Fund's net asset value per share (NAV). The Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. While NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's individual investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Fund Performance and Distribution Rate Information:
Year-to-date January 1, 2026 to May 31, 2026
Year-to-date Cumulative Total Return1
10.28 %
Cumulative Distribution Rate2
4.06 %
Five-year period ending May 31, 2026
Average Annual Total Return3
4.16 %
Current Annualized Distribution Rate4
8.13 %
1.
Year-to-date Cumulative Total Return is the percentage change in the Fund's NAV over the year-to-date time period including distributions paid and assuming reinvestment of those distributions.
2.
Cumulative Distribution Rate for the Fund's current fiscal period (January 1, 2026 through June 30, 2026) measured on the dollar value of distributions in the year-to-date period as a percentage of the Fund's NAV as of May 31,
2026.
3.
Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ending May 31, 2026. Annual NAV Total Return is the percentage change in the Fund's NAV
over a year including distributions paid and assuming reinvestment of those distributions.
4.
The Current Annualized Distribution Rate is the current fiscal period's distribution rate annualized as a percentage
of the Fund's NAV as of May 31, 2026.
Investors should consider the investment objectives, risks, charges and expense of the Fund carefully before investing. You can obtain the Fund's most recent periodic reports, when available, and other regulatory filings by contacting your financial advisor or visiting cohenandsteers.com. These reports and other filings can be found on the Securities and Exchange Commission's EDGAR Database. You should read these reports and other filings carefully before investing.
Shareholders should not use the information provided here in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report Fund distributions for federal income tax purposes.
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.
Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the company's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties.
Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
AeroVironment po zveřejnění výsledků za 4. fiskální čtvrtletí 2026 vzrostl o 19 %; EPS 1,84 USD i tržby 642 milionů USD překonaly odhady. Funded backlog stoupl na 1,2 miliardy USD.
Aerovironment stock ripped 19% higher on Monday after the bell as the dronemaker reported fourth-quarter earnings that beat on the top and bottom lines.
The company smashed expectations, reporting earnings of $1.84 per share while analysts polled by LSEG were expecting $1.46 per share. Revenue also came in ahead, more than doubling to $642 million versus an analyst estimate of $559 million.
CEO Wahid Nawabi said in a release that AeroVironment is well positioned to benefit from the rising global demand in drones, counter-drones and space technology.
AeroVironment's funded backlog of $1.2 billion was up 65% over last year, but only slightly above the $1.1 billion backlog reported in the prior period. Autonomous systems revenue of $492 million handily beat the $402 million StreetAccount expectation.
Nawabi told CNBC's Morgan Brennan during a recent exclusive tour of the company's Simi Valley, California, facility that the fundamentals of warfare have changed due to the recent conflicts in Ukraine and Iran.
"We knew that this inflection point was going to happen sooner or later," he said, "and these last couple of conflicts that have become globally well known has essentially brought this thing to the forefront."
Read more CNBC tech newsThe memory shortage shaking Apple and Microsoft is 'existential crisis' for smaller playersThe AI boom is colliding with a new threat: Severe weatherChina's Zhipu is closing in on top U.S. AI models with Anthropic and OpenAI held backHow GE Vernova builds the massive gas turbines powering the AI data center boomAeroVironment posted net income of $63.17 million during Q4 2026, or $1.25 per share. A year ago, the company posted net income of $16.66 million, or 59 cents per share.
The dronemaker expects fiscal year 2027 revenue in the range of $2.13 billion and $2.23 billion, with LSEG expecting $2.17 billion. The company's guidance for adjusted 2027 EPS called for a range of between $3.02 and $3.34, while LSEG expectations were for $3.94 per share.
The company's shares are down more than 40% this year, but with the U.S. Defense Department budget for drones alone set to possibly top $75 billion next year, there is a huge opportunity ahead.
"Not only the U.S. Department of War, but all of our allies are behind the eight ball in terms of adoption and deployment," Niwabi told CNBC.
"Now we're playing catch up. Our military is playing catch up in a very fast pace," he added.
June 29, 2026 16:20 ET | Source: Vishay Intertechnology, Inc.
MALVERN, Pa., June 29, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (the “Company,” “Vishay”) (NYSE: VSH) today announced that it has commenced an underwritten public offering of $750.0 million of shares of its common stock. In connection with the proposed offering, Vishay expects to grant the underwriters a 30-day option to purchase up to an additional $112.5 million of shares of its common stock. All of the shares are being offered by Vishay. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the proposed offering may be completed, or as to the actual size or terms of the offering.
Vishay intends to use the net proceeds from the proposed offering to accelerate its growth initiatives and for general corporate purposes, including to reduce current borrowings under its senior secured credit facility. J.P. Morgan is acting as lead book-running manager for the proposed offering. Needham & Company, Oppenheimer & Co., Raymond James, TD Cowen and Truist Securities are also serving as book-running managers. Fifth Third Securities, MUFG, Santander and UniCredit are serving as co-managers.
The proposed offering is being made pursuant to a shelf registration statement on Form S-3, including a base prospectus, that was filed with the U.S. Securities and Exchange Commission (the “SEC”) on June 29, 2026 and automatically became effective upon filing. A preliminary prospectus supplement and accompanying prospectus relating to the proposed offering have been filed with the SEC and are available for free on the SEC’s website located at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the proposed offering may be obtained, when available from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204, or by email at [email protected] and [email protected].
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Vishay
Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and healthcare markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH).
Forward-Looking Statements
This press release contains certain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, whether or not Vishay will offer the common stock or consummate the offering, the anticipated terms of the offering, the anticipated use of the proceeds from the offering, and the risks set forth under the heading “Risk Factors” in Vishay’s Annual Report on Form 10-K for the year ended December 31, 2025, most recent Form 10-Q and other reports filed from time to time with the SEC. Vishay does not undertake any obligation to publicly update any forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by law.
The DNA of tech® is a trademark of Vishay Intertechnology.
Contact:
Vishay Intertechnology, Inc.
Peter Henrici
Executive Vice President, Corporate Development
+1-610-644-1300
Senátor Angus King vyzval amerického regulátora, aby zamítl plánovanou akvizici Dominion Energy společností NextEra za 66,8 miliardy USD. Podle něj by spojení soustředilo příliš velkou moc v jedné firmě.
Committee member of the Senate Armed Services Committee, U.S. Senator Angus S. King Jr. (I-ME), attends a Senate Armed Services Committee hearing on U.S. President Donald Trump's FY2027 budget... Purchase Licensing Rights, opens new tab Read more
CompaniesNEW YORK, June 29 (Reuters) - U.S. Senator Angus King is urging the country's top energy regulator to reject NextEra Energy's (NEE.N), opens new tab proposed $66.8 billion acquisition of Dominion Energy (D.N), opens new tab, saying the deal would consolidate too much power in the hands of one company, a filing on Monday showed.
The country has seen a spate of giant power mergers in recent years with the rise of electricity demand after a roughly two-decade-long lull, driven by the expansion of energy-intensive data centers and the electrification of industries like transportation.
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Last month, NextEra announced its plan to buy Dominion to create the world's largest regulated electric utility, in what would be one of the all-time biggest mergers of its kind. Virginia-based Dominion serves the largest concentration of data centers globally.
In a letter to the Federal Energy Regulatory Commission, King, from Maine, said the massive utility formed by the consolidation would deter competition in a territory that would affect more than 10 million people.
"A single firm with that mix of merchant generation, regulated generation, transmission, and load-pocket exposure has powerful incentives and tools to shape regional markets in its favor," King said, citing the 110 gigawatts of electric-generating capacity between the two companies, the most natural gas-fired power and second-largest nuclear operations in the country.
King said NextEra has already stymied clean energy power competition through lobbying efforts in New England. He cited other business conduct concerns by the company that he said could ultimately raise prices for consumers.
NextEra was not immediately available for comment.
Reporting by Laila Kearney in New York; Editing by Liz Hampton and David Gaffen
Our Standards: The Thomson Reuters Trust Principles., opens new tab
FS KKR Capital Corp. dokončila emisi preferenčních konvertibilních akcií za 150 milionů USD, kterou koupila KKR Alternative Assets L.P. Výnosy chce použít na obecné firemní účely, včetně odkupu akcií nebo splácení dluhu.
, /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK), or the Company, today announced it has closed its previously announced $150 million issuance of cumulative convertible perpetual preferred stock (the "Convertible Preferred Stock"), purchased by KKR Alternative Assets L.P., a subsidiary of KKR. The Company intends to use the proceeds from the issuance for general corporate purposes, including funding its common stock repurchase program or for debt repayment.
The Convertible Preferred Stock will pay dividends of 5.00% per annum in cash, or, at the Company's option, 7.00% per annum in PIK dividends. After the 5.5-year anniversary of the issue date, the dividend rate will increase annually by 1.00% per annum. The Convertible Preferred Stock ranks junior to all existing indebtedness of the Company and senior to the Company's common stock.
The Convertible Preferred Stock may be redeemed by the Company at any time in cash and, after three years, if the then-current 30-day VWAP of the Company's common stock on the New York Stock Exchange is equal to or above the conversion price then in effect, the Company may redeem the Convertible Preferred Stock by delivering shares of the Company's common stock in lieu of cash. The initial conversion price is $18.83 per share (the Company's net asset value per share as of March 31, 2026) and is subject to customary adjustments, including certain anti-dilution protections. At the option of the holders of the Convertible Preferred Stock, after six months, the Convertible Preferred Stock may be converted into the Company's common stock at the conversion price then in effect and, after six years or in the event of certain other events, the Convertible Preferred Stock may be redeemable in cash.
The holders of the Convertible Preferred Stock are entitled to vote on an as-converted basis on all matters submitted to a vote of the Company's stockholders and have the right, voting separately as a single class, to elect two members of the Company's board of directors. Holders of a majority of the outstanding shares of Convertible Preferred Stock have the option to require the Company to redeem all of the outstanding shares of Convertible Preferred Stock upon the occurrence of certain changes of control.
The shares of Convertible Preferred Stock were offered in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"). These securities have not and will not be registered under the Securities Act or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act, as applicable.
About FS KKR Capital Corp.
FSK is a leading publicly traded business development company (BDC) focused on providing customized credit solutions to private middle market U.S. companies. FSK seeks to invest primarily in the senior secured debt and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies. FSK is advised by FS/KKR Advisor, LLC. For more information, please visit www.fskkrcapitalcorp.com.
About FS/KKR Advisor, LLC
FS/KKR Advisor, LLC (FS/KKR) is a partnership between Future Standard and KKR Credit that serves as the investment adviser to FSK and other business development companies.
Future Standard is a global alternative asset manager serving institutional and private wealth clients, investing across private equity, credit and real estate. With a 30+ year track record of value creation and over $94 billion in assets under management, we back the business owners and financial sponsors that drive growth and innovation across the middle market, transforming untapped potential into durable value1.
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group's website at www.globalatlantic.com.
Forward-Looking Statements and Important Disclosure Notice
This press release contains forward-looking statements that are not historical facts, including, without limitation, statements with regard to future events or FSK's future performance or financial condition, statements regarding share repurchase activity and FSK's intended use of proceeds from the issuance of the Convertible Preferred Stock, and the financial position, business strategy and plans and objectives of management for FSK's future operations. Words such as "anticipate," "believe," "expect," and "intend" indicate a forward-looking statement, although not all forward-looking statements include these words. These forward-looking statements are not guarantees of performance or events and are subject to risks, uncertainties and other factors, some of which are beyond FSK's control and difficult to predict and could cause actual results or future events to differ materially from those expressed or forecasted in the forward-looking statements for any reason, including those factors set forth in "Item 1A. Risk Factors" in FSK's Annual Report on Form 10-K. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results or events to differ materially from those projected in these forward-looking statements. Factors that could cause actual results or events to differ materially include, without limitation, changes in the economy, geo-political risks, risks associated with possible disruption in FSK's operations or the economy generally due to terrorism, natural disasters or pandemics, future changes in laws or regulations and conditions in FSK's operating area and the price at which shares of FSK's common stock trade on the New York Stock Exchange. Some of these factors are enumerated in the filings FSK makes with the SEC. In addition, the FSK board-authorized share repurchase program does not require FSK to repurchase any specific number of shares of FSK's common stock. There is no assurance that FSK or any of its affiliates will purchase shares of its common stock at any specific discount levels or in any specific amounts or that the market price of FSK's common stock, either absolutely or relative to net asset value, will increase as a result of any share repurchases, or that any repurchase plan will enhance stockholder value over the long term. These forward-looking statements included in this press release are based on information available as of the date hereof and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Except as required by the federal securities laws, FSK undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Investors should not place undue reliance on these forward-looking statements.
The press release above contains summaries of certain financial and statistical information about FSK. The information contained in this press release is summary information that is intended to be considered in the context of FSK's SEC filings and other public announcements that FSK may make, by press release or otherwise, from time to time. FSK undertakes no duty or obligation to update or revise the information contained in this press release. In addition, information related to past performance, while helpful as an evaluative tool, is not necessarily indicative of future results, the achievement of which cannot be assured. Investors should not view the past performance of FSK, or information about the market, as indicative of FSK's future results.
Contact Information:
Investor Relations Contact
Caitlin Welch
[email protected]
Future Standard Media Team
Marc Hazelton
[email protected]
_________________________________
1 Total AUM estimated as of March 31, 2026. References to "assets under management" or "AUM" represent the assets managed by Future Standard or its strategic partners as to which Future Standard is entitled to receive a fee or carried interest (either currently or upon deployment of capital) and general partner capital. Future Standard calculates the amount of AUM as of any date as the sum of: (i) the fair value of the investments of Future Standard's investment funds; (ii) uncalled investor capital commitments to these funds, including uncalled investor capital commitments from which Future Standard is currently not earning management fees or carried interest; (iii) the value of outstanding CLOs; (iv) the fair value of FS KKR Capital Corp. joint venture (JV) assets and (v) the fair value of other assets managed by Future Standard. Future Standard's calculation of AUM may differ from the calculations of other asset managers and, as a result, Future Standard's measurements of its AUM may not be comparable to similar measures presented by other asset managers. Future Standard's definition of AUM is not based on any definition of AUM that may be set forth in agreements governing the investment funds, vehicles or accounts that it manages and is not calculated pursuant to any regulatory definitions.
Teradyne, Inc. (TER) gained 3,163% since last first outlier inflow signal in March 1995.
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TER designs, develops, and manufactures automated test equipment for semiconductors and electronics as well as advanced robotics systems, meaning it’s an important AI player. The company’s first-quarter fiscal 2026 report showed $1.28 billion in revenue (87% year-over-year growth, nearly 70% of revenue is AI-related), non-GAAP per-share earnings of $2.56 (up 318% over the year prior), as well as second-quarter 2026 revenue and non-GAAP EPS guidance of up to $1.25 billion and $2.15, respectively.
No wonder TER shares are up 117% this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.
Teradyne Attracting Big Money Institutional volumes reveal plenty. In the last year, TER has enjoyed strong investor demand, which we believe to be institutional support.
Each green bar signals unusually large volumes in TER shares. They reflect our proprietary inflow signal, pushing the stock higher:
Source: www.moneyflows.com Plenty of technology names are under accumulation right now. But there’s a powerful fundamental story happening with Teradyne.
Teradyne Fundamental Analysis Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, TER has had strong sales growth and profits:
Also, EPS is estimated to ramp higher this year by +34.7%.
Now it makes sense why the stock has been generating Big Money interest. TER has a track record of strong financial performance.
Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term.
Teradyne has been a top-rated stock at MoneyFlows for years. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It’s had 65 Big Money outlier inflow signals since 1995 and is up 4,329% in that time. The blue bars below show when TER was a top pick in the last decade…institutions keep buying:
Source: www.moneyflows.com Tracking unusual volumes reveals the power of money flows.
This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.
Teradyne Price Prediction The TER action isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Disclosure: the author holds no position in TER at the time of publication.
If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level and follow our free weekly MoneyFlows insights.
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Lucas is a well-versed equity investor and educator. He currently is co-founder of research and analytics firm, MAPsignals.com, which focuses on finding outlier stocks by following the Big Money.
Gulfport Energy koupila v Ohiu zhruba 4 700 čistých nezastavěných akrů v jádru Utiky za přibližně 83,0 milionu USD. Přidává tím asi 16 čistých lokalit s těžbou od roku 2027.
OKLAHOMA CITY--(BUSINESS WIRE)--Gulfport Energy Corporation (NYSE: GPOR) (“Gulfport” or the “Company”) today announced the successful acquisition of approximately 4,700 net undeveloped acres in the core of the Ohio Utica in Belmont County, Ohio, through the Ohio Oil and Gas Land Management Commission State Land Lease Sale for a total purchase price of approximately $83.0 million.
Key Highlights
Large, contiguous acquisition of approximately 4,700 net undeveloped acres secured in a highly competitive lease sale environment, adjacent to existing operations and recently acquired discretionary acreage High-quality core acreage position expected to drive development efficiency, unlock operational synergies and maximize utilization of existing infrastructure and midstream capacity Located in the highly productive, liquids-rich Utica wet gas window and represents a core, top-tier area of Gulfport’s acreage Adds approximately 16 net locations (normalized to 15,000’ laterals), with locations concentrated in the highest-return tier of our development opportunities Development expected to commence in 2027, with forecasted returns at the top end of our portfolio, highlighting the strong economic profile and immediate actionability of the acquired acreage Total purchase price of approximately $83.0 million equates to approximately $17,500 per net acre or $5.1 million per net location (normalized to 15,000’ laterals) Strong financial position supports the acquisition, funded through cash on hand and available capacity under Gulfport’s revolving credit facility Nick Dell’Osso, Gulfport’s President and Chief Executive Officer, commented, “The Ohio state land lease acquisition represents a highly strategic bolt-on to our core Utica position, adding a large, contiguous block of acreage adjacent to our existing best-in-class Utica gas inventory, further underscoring the strategic nature of this investment. The position lies in the fairway of the highly productive, liquids-rich Utica wet gas window and offers the highest-return opportunities in our portfolio, extending our liquids runway while enhancing the depth and flexibility of our development program across commodity cycles.”
“As Gulfport has consistently demonstrated, we are focused on disciplined capital allocation and investing in opportunities that drive value creation. Our strong balance sheet enables us to execute this acquisition while maintaining financial strength and we are committed to continuing to build net asset value and delivering durable, long-term returns for our shareholders,” Dell’Osso concluded.
About Gulfport
Gulfport is an independent natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and NGL in the United States with primary focus in the Appalachia and Anadarko basins. Our principal properties are located in eastern Ohio targeting the Utica and Marcellus formations and in central Oklahoma targeting the SCOOP Woodford and SCOOP Springer formations.
Forward Looking Statements
This press release includes “forward-looking statements” for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements other than statements of historical fact. They include statements regarding Gulfport’s current expectations, management's outlook guidance or forecasts of future events, projected cash flow and liquidity, inflation, share repurchases and other return of capital plans, its ability to enhance cash flow and financial flexibility, future production and commodity mix, plans and objectives for future operations, the ability of our employees, portfolio strength and operational leadership to create long-term value and the assumptions on which such statements are based. Gulfport believes the expectations and forecasts reflected in the forward-looking statements are reasonable, Gulfport can give no assurance they will prove to have been correct. They can be affected by inaccurate or changed assumptions or by known or unknown risks and uncertainties. Important risks, assumptions and other important factors that could cause future results to differ materially from those expressed in the forward-looking statements are described under "Risk Factors" in Item 1A of Gulfport’s annual report on Form 10-K for the year ended December 31, 2025 and any updates to those factors set forth in Gulfport's subsequent quarterly reports on Form 10-Q or current reports on Form 8-K (available at https://www.gulfportenergy.com/investors/sec-filings). Gulfport undertakes no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events.
Investors should note that Gulfport announces financial information in SEC filings, press releases and public conference calls. Gulfport may use the Investors section of its website (www.gulfportenergy.com) to communicate with investors. It is possible that the financial and other information posted there could be deemed to be material information. The information on Gulfport’s website is not part of this filing.
Nejdůležitější metrikou pro Alphabet je backlog Google Cloud, který se mezičtvrtletně téměř zdvojnásobil na 462 miliard USD. Firma uvedla, že přes 50 % tohoto objemu nevyřízených zakázek uzná jako tržby během příštích 24 měsíců.
Since hitting a fresh all-time high in May, Alphabet (GOOGL +4.79%) (GOOG +4.94%) shares have traded 15% lower (as of June 25). However, they have still more than doubled in the past 12 months.
At this point, investors probably don't need much convincing to buy this "Magnificent Seven" stock. It's a dominant force in the internet economy. And it's in a great position to benefit from the artificial intelligence (AI) boom.
While there are numerous data points that can help investors gauge the company's performance, here's the most important metric to follow right now.
Image source: The Motley Fool.
Investors' heads are in the clouds Because of Google Cloud, Alphabet is considered a hyperscaler. The segment builds data centers and delivers computing, storage, and networking solutions to enterprise clients. Its success has been notable in recent years. The cloud platform is becoming a bigger contributor to the company's overall financial success.
During the first quarter, Google Cloud's revenue soared 63% year over year to $20 billion, marking a notable acceleration compared to the 48% increase in Q4 2025 and 28% rise in the first quarter of 2025. Q1 operating income jumped 203%.
But the most important number investors should keep tabs on is Google Cloud's backlog, which almost doubled quarter over quarter to $462 billion. That's almost six times greater than the $80 billion in annualized revenue for the entire segment. It's obvious that the AI tools and infrastructure that Google Cloud is able to offer have incredible demand from enterprise customers.
"We expect to recognize just over 50% of the backlog as revenue over the next 24 months," CFO Anat Ashkenazi said on the Q1 2026 earnings call.
Investors should look at the details. Data from August 2023 revealed that 70% of generative AI unicorns (valuations of at least $1 billion) were customers, whose business models are probably unproven. However, Google Cloud's roster also includes established non-tech leaders like Home Depot, Wells Fargo, and Unilever, raising the quality of the customer base.
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What is the market thinking about? Google Cloud's first-quarter revenue and operating income represented 18.2% and 16.6%, respectively, of Alphabet's total. These figures are small today, but they have climbed dramatically. In my view, this segment is what the market is most focused on these days. Consequently, Google Cloud's performance likely has a huge impact on Alphabet's stock valuation.
This is precisely why it's critical to pay attention to how the segment's backlog changes in the future. If it continues to grow, it's a clear signal that Alphabet's enormous capital expenditures, set to total $185 billion (at the midpoint) this year and expected to increase meaningfully in 2027, are justified.
If the backlog shrinks or growth starts to moderate, the market will get jittery. And this could quickly hit the stock price. Investors will begin to wonder if all the AI-related spending will produce an adequate return.
Společnost Tilray Brands kupuje HelloMD, aby posílila přímý přístup k pacientům a vytvořila plně vertikálně integrovaný ekosystém lékařského konopí v Kanadě. Akvizice rozšíří digitální zdravotní platformu a podporu pacientů.
NEW YORK and TORONTO, June 29, 2026 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY) (“Tilray”), a global leader in medical cannabis, today announced the acquisition of HelloMD Corporation, a digital healthcare and patient engagement platform that expands Tilray’s direct-to-patient capabilities, creates a fully vertically integrated medical cannabis framework for Tilray in Canada, and advances its global medical cannabis growth strategy. Tilray was the successful bidder in HelloMD’s formal sale process and plans to acquire HelloMD’s Canadian medical cannabis assets following formal Court approval on June 29, 2026.
The acquisition will strengthen Tilray’s global medical cannabis platform by expanding direct-to-patient capabilities, enhancing physician and patient education, and deepening engagement across the care journey, while establishing an integrated Canadian framework that connects quality cultivation, clinical expertise, practitioner support, product access, and fulfillment.
As medical cannabis becomes a more established part of healthcare, Tilray is building an integrated care model that supports patients from education and physician consultations to product access, fulfillment, and ongoing support. Historically, medical cannabis has often been considered later in a patient’s care journey. With the appropriate resources and clinical support, HelloMD provides Tilray with a platform to help engage eligible patients earlier through education, practitioner access, and trusted guidance, expanding awareness of regulated, plant-based medical cannabis options as part of a broader approach to natural health and wellness.
HelloMD has supported hundreds of thousands of patients through telehealth consultations, educational resources, and personalized medical cannabis guidance. Its platform complements Tilray’s global healthcare infrastructure, including EU-GMP certified cultivation and manufacturing, pharmaceutical distribution through CC Pharma, medical cannabis clinics, digital pharmacy capabilities, and patient access platforms across North America, Europe, Australia, and other international markets.
Blair MacNeil, President, Tilray Canada, said, “Medical cannabis is becoming a more integrated part of healthcare, and patients are looking for trusted, convenient access to care supported by education and guidance. By combining HelloMD’s digital healthcare platform with Tilray’s medical cannabis portfolio, clinical expertise, and national fulfillment capabilities, we are creating a more connected pathway for patients and healthcare practitioners in Canada. This acquisition establishes a fully vertically integrated medical cannabis framework for Tilray in Canada while strengthening our broader global platform, expanding patient engagement, practitioner support, and access in regulated medical markets. As adoption continues to grow, Tilray is well positioned to serve patients with high-quality medical cannabis solutions and healthcare services across the continuum of care.”
Larry Lisser, CEO, HelloMD, added, “From day one, our mission at HelloMD has been to make medical cannabis more accessible through innovative technology, approachable education, and trusted healthcare experiences. I’m incredibly proud of what our team built alongside our healthcare practitioners and business partners, and of how we scaled together to deliver meaningful outcomes for patients. I believe Tilray has the expertise, infrastructure, and drive to expand the platform’s reach and impact, benefiting patients for years to come.”
The acquisition is expected to enhance Tilray’s ability to deliver a more seamless patient experience, generate insights that support education and engagement, and expand access in regulated medical markets globally.
Tilray also sees an opportunity to broaden patient and consumer awareness in adjacent wellness categories, including sleep support and pain management, where over-the-counter products represent a multi-billion-dollar market in which Tilray is not meaningfully represented today. Subject to applicable regulations, Tilray intends to use HelloMD’s digital education and engagement capabilities to responsibly build awareness of regulated, plant-based medical cannabis alternatives among appropriate audiences seeking natural health solutions.
The acquisition reinforces Tilray’s commitment to advancing medical cannabis through innovation, patient engagement, scientific leadership, expanded global access, and the continued strengthening of HelloMD Corporation’s existing strategic partnerships to ensure continuity of care and sustained value for patients and healthcare practitioners. As Tilray grows its international medical business, the Company remains focused on delivering high-quality medical cannabis products and healthcare solutions to patients worldwide.
Financial terms of the transaction were not disclosed.
About HelloMD
HelloMD Corporation is a leading digital healthcare and patient engagement platform focused on medical cannabis education, physician consultations, and patient support services. Through its technology-driven approach, HelloMD helps patients navigate medical cannabis treatment with confidence and access trusted healthcare resources.
About Tilray Medical
Tilray Medical is dedicated to transforming lives and fostering dignity for patients in need through safe and reliable access to a global portfolio of medical cannabis brands, including Tilray Medical, Good Supply, Redecan, ARX, and Broken Coast. Tilray grew from being one of the first companies to become an approved licensed producer of medical cannabis in Canada to building the first GMP-certified cannabis production facilities in Europe, first in Portugal and later in Germany. Today, Tilray Medical is one of the largest suppliers of medical cannabis to patients, physicians, hospitals, pharmacies, researchers, and governments, in 20 countries and across five continents.
For more information on Tilray Medical, visit Tilray Medical Europe, Tilray Medical Canada, and Tilray Medical Australia-New Zealand.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations concerning, among other things, the Company’s ability to commercialize new and innovative products worldwide. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. Forward‑looking statements in this communication also include statements regarding the Company’s market positioning, ability to meet evolving medical cannabis demand in regulated pharmaceutical environments, and expectations concerning the effectiveness of strategic partnerships. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
Nvidia oznámila tržby za 1. čtvrtletí fiskálního roku ve výši 81,6 miliardy USD, meziročně o 85 % více, a čistý zisk vzrostl o 211 % na 58,3 miliardy USD. Firma zároveň schválila další zpětný odkup akcií za 80 miliard USD nad rámec zbývajících 38,5 miliardy USD z předchozího programu.
Over the last five years, Nvidia (NVDA +1.30%) has been the quintessential millionaire-maker stock -- returning roughly 950% compared to the S&P 500's relatively modest gain of 74%. The company's powerful graphics processing units (GPUs) are the workhorses of the generative artificial intelligence (AI) industry. And its advantages in scale and technology have helped it stay ahead of the competition.
That said, Nvidia's stock price growth is beginning to stall as investors balk at its huge size and pivot to other sides of the AI infrastructure opportunity. Let's dig deeper to see if the company has what it takes to break out of its slump and continue generating market-beating returns.
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Business is still booming The generative AI megatrend shows no signs of slowing anytime soon. In fact, it may be heating up. Analysts at Evercore and Bank of America expect big tech's AI-related capital spending to exceed $1 trillion in 2027 -- up from around $800 billion to $900 billion this year. Most of this money is going to advanced hardware needed to run massive data centers.
Nvidia's chips remain highly relevant, which is reflected in the company's first-quarter earnings results. Revenue jumped 85% year over year to $81.6 billion, which is an incredible number for a business that is already so large. And as in previous quarters, overall growth was driven by growth in the company's data center segment, which recently announced exciting new offerings such as the Vera Rubin Platform, designed to facilitate the rise of agentic AI by removing processing bottlenecks.
Many industry watchers believe agentic AI represents the next phase of the technology. Unlike earlier AI systems, it is designed to independently plan and make decisions with limited human oversight, making it ideal for helping automate a variety of industries. And if the technology takes off as expected, it could help Nvidia maintain its elevated growth rate.
Management is returning value to shareholders Nvidia's success isn't limited to its top line. The company's technological edge gives it strong pricing power and operating leverage. Net income soared 211% year over year to $58.3 billion, and management is getting increasingly serious about returning much of it directly to shareholders.
As of May, Nvidia has increased its cash dividend from just $0.01 per share to $0.25 per share (a yield of around 0.5%). More importantly, management authorized an additional $80 billion in stock repurchases on top of the $38.5 billion remaining from its previous program.
Image source: Getty Images.
Investors tend to love buybacks because they reduce the number of a company's shares outstanding, giving every investor a higher claim on the company's future earnings and cash flow. They tend to encourage stock price growth and, unlike dividends, they aren't taxed as regular income, which can make a tremendous difference over the long term.
Nvidia's huge push toward buybacks marks a sharp divergence from other technology giants like Amazon, Microsoft, and Micron Technology, which are instead plowing cash back into AI-related capital expenditures like data centers or expanded production capacity. Nvidia's strategy is arguably less risky because it relies on internally generated cash instead of debt or dilution like some of the alternatives in the tech industry.
With a market cap of $4.72 trillion, Nvidia isn't a millionaire-maker stock anymore because, even in the best-case scenario, rapid multibagger growth seems unrealistic from such a high level. The company's sky-high margins will also eventually come down as customers substitute in-house solutions for Nvidia products and rivals catch up technologically.
That said, with a forward price-to-earnings (P/E) multiple of just 22.7, most of these challenges are already priced into Nvidia's valuation. And management's aggressive buyback policy will benefit shareholders over the long haul. Investors should view Nvidia stock as a value-oriented pick in the AI industry instead of a big growth opportunity.
Verizon oznámil společný podnik s BT Group a ve 2. čtvrtletí zaúčtuje ztrátu 700 až 800 milionů USD. Akcie zároveň tlačilo i vyřazení z indexu Dow Jones Industrial Average.
Shares of Verizon (VZ 5.11%) fell on Monday, down as much as 8.1%, before recovering to a 5.8% decline as of 1:54 p.m. EDT.
There was a spate of news for Verizon today. First, the company announced it would spin off its international enterprise-focused operations into a joint venture with BT Group (OTC: BTGO.F), while also announcing headcount reductions and severance charges as part of its own cost-cutting initiatives.
Additionally, rival and partner Comcast (CMCSA +4.53%) announced its intentions to separate its broadband and mobile services from its NBCUniversal and Sky media properties. There was also a report over the weekend that Space Exploration Technologies (SPCX +7.18%) was in discussions with Charter Communications (CHTR +9.50%) to use its terrestrial network for a mobile phone service.
Finally, today was the first day Verizon began trading outside of the Dow Jones Industrial Index.
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A busy day for Verizon, but not in a good way All of these factors could be playing into Verizon's decline today, though it's not clear exactly which news item contributed, or by how much.
As part of the new joint venture with BT Group, Verizon will contribute $625 million in cash to the new entity and will also record a loss of $700 million to $800 million in the second quarter. These are the negatives of the spin-off-and-sale. However, Verizon also noted the transaction should be accretive to second-quarter adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization), likely due to large expense cuts.
Meanwhile, Comcast rose on the news of its separation, and Charter rose on the news of its talks with SpaceX. Professional investors or ETFs that track telecom stocks could be selling other names in the group, such as Verizon, to raise funds to buy Comcast and Charter shares. Comcast's stock is down over 25% over the past year; Charter's stock is down a stunning 63%; and Verizon posted a small gain. Therefore, investors may be selling more fully valued Verizon shares to buy Comcast or Charter.
As for the SpaceX-Charter speculation, investors might see it as a competitive threat to Verizon's traditional mobile offering. However, it should also be noted that Charter actually uses Verizon's network on a wholesale basis to power its mobile offerings. So, the competitive implications of a potential SpaceX service, if it even happens, are more complicated.
Image source: Getty Images.
Finally, Verizon was removed from the Dow Industrial Average, replaced by Alphabet (GOOG +4.94%) (GOOGL +4.79%). The move was announced last week, but today was the first trading day in which Verizon traded outside the Dow. That could have led to selling pressure from index funds that track the index.
Verizon remains a dividend play, but watch out for disruption Despite today's downturn, Verizon's fundamentals haven't changed much. It is still part of a U.S. oligopoly of mobile wireless telecoms that dominate the industry. There isn't much growth there, but Verizon does pay a hefty 6.1% dividend.
However, there's a big trade-off for that nice dividend yield. Verizon doesn't have that much growth ahead of it, and it faces intense competition even with its traditional rivals. Add in the uncertainty over a potential SpaceX entry into the mobile industry, and Verizon's stock price seems capped for the foreseeable future.
W. P. Carey nacenila emisi seniorních nezajištěných dluhopisů v objemu 350 milionů USD s kuponem 5,200 % splatných v roce 2036. Výnos z emise použije na splacení 350 milionů USD nesplacené jistiny svých dluhopisů s kuponem 4,250 % splatných v říjnu 2026 a na další firemní účely.
, /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC, the "Company") announced today that it has priced an underwritten public offering of $350 million aggregate principal amount of 5.200% Senior Notes due 2036 (the "Notes"). The Notes were offered at 99.015% of the principal amount.
Interest on the Notes will be paid semi-annually on March 15 and September 15 of each year, beginning on March 15, 2027. The offering of the Notes is expected to settle on July 2, 2026, subject to customary closing conditions. The Company intends to use the net proceeds from the offering to repay the $350 million in aggregate principal amount outstanding of its 4.250% Senior Notes due October 2026 and for other general corporate purposes, including to fund potential future investments and to repay certain other indebtedness, including amounts outstanding under its unsecured revolving credit facility.
Wells Fargo Securities, LLC, RBC Capital Markets, LLC, U.S. Bancorp Investments, Inc. and BBVA Securities Inc. acted as joint book-running managers for the Notes offering.
A registration statement relating to the Notes has been filed with the Securities and Exchange Commission (the "SEC") and has become effective under the Securities Act of 1933, as amended (the "Securities Act"). The offering is being made by means of a prospectus supplement and prospectus. Before making an investment in the Notes, potential investors should read the prospectus supplement and the accompanying prospectus for more complete information about the Company and the offering. Potential investors may obtain these documents for free by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, potential investors may obtain copies, when available, by contacting: Wells Fargo Securities, LLC toll-free at 1-800-645-3751, RBC Capital Markets, LLC toll-free at 1-866-375-6829 or U.S. Bancorp Investments, Inc. toll free at 1-877-558-2607.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Any offer or sale of the Notes will be made only by means of a prospectus supplement relating to the offering and the accompanying prospectus.
W. P. Carey Inc.
W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,703 net lease properties covering approximately 185 million square feet as of March 31, 2026. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant industrial, warehouse and retail properties located in the U.S. and Europe, under long-term net leases with built-in rent escalations.
Forward-Looking Statements
Certain of the matters discussed in this communication constitute forward-looking statements within the meaning of the Securities Act and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. The forward-looking statements include, among other things, statements regarding: expectations regarding the use of proceeds of this offering and the settlement date. Forward looking statements are generally identified by the use of words such as "may," "will," "should," "would," "will be," "will continue," "will likely result," "believe," "project," "expect," "anticipate," "intend," "estimate," "opportunities," "possibility," "strategy," "plan," "maintain" or the negative version of these words and other comparable terms. These forward-looking statements include, but are not limited to, statements that are not historical facts.
These statements are based on the current expectations of the Company's management, and it is important to note that the Company's actual results could be materially different from those projected in such forward-looking statements. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Other unknown or unpredictable risks or uncertainties which include, among others, the risks related to fluctuating interest rates, the impact of inflation and tariffs on our tenants and us, the effects of pandemics and global outbreaks of contagious diseases, and domestic or geopolitical crises (such as terrorism, military conflict, war or the perception that hostilities may be imminent), political instability or civil unrest, or other conflict, and those additional risk factors discussed in reports that we have filed with the SEC, could also have material adverse effects on our business, financial condition, liquidity, results of operations, and prospects. You should exercise caution in relying on forward-looking statements as they involve known and unknown risks, uncertainties, and other factors that may materially affect our future results, performance, achievements, or transactions. Information on factors that could impact actual results and cause them to differ from what is anticipated in the forward-looking statements contained herein is included in the Company's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026, as filed with the SEC on April 29, 2026, as well as in the Company's filings with the SEC, including but not limited to those described in Part I, Item 1A. Risk Factors in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as filed with the SEC on February 11, 2026. Moreover, because the Company operates in a very competitive and rapidly changing environment, new risks are likely to emerge from time to time. Given these risks and uncertainties, potential investors are cautioned not to place undue reliance on these forward-looking statements as a prediction of future results, which speak only as of the date of this communication, unless noted otherwise. Except as required under the federal securities laws and the rules and regulations of the SEC, the Company does not undertake any obligation to release publicly any revisions to the forward-looking statements to reflect events or circumstances after the date of this communication or to reflect the occurrence of unanticipated events.
Institutional Investors:
Peter Sands
212-492-1110
[email protected]
Dan Ives označil téměř 3 biliony USD výprodeje v Big Tech za příležitost k nákupu a tvrdí, že Microsoft, Oracle a Alphabet jsou „přeprodané“. Očekává, že červencové výsledky ukážou rychlejší monetizaci AI.
Dan Ives went on CNBC with a message for anyone watching Big Tech bleed out in June. Nearly $3 trillion in market cap has evaporated this month on AI capex skepticism, and Wedbush’s Global Head of Technology Research thinks the market has the story upside down. “These are way oversold names,” he said, naming Microsoft (NASDAQ:MSFT | MSFT Price Prediction), Oracle (NYSE:ORCL), and Alphabet (NASDAQ:GOOG).
MSFT stock is down 18% in the past month and 24% year to date. Meta Platforms (NASDAQ:META) is off 10.66% over the past month. Alphabet (NASDAQ:GOOGL) has shed 6.7% in a month despite still being up on the year. Oracle (NYSE:ORCL) is down 34% in a month. So what does Ives see that the tape doesn’t?
The bifurcated market thesis His framing is that this is a split tape, with capex-heavy hyperscalers punished while chip and memory names get rewarded. “It’s a bifurcated market. Those that are spending the capex, the Microsofts, the Metas, you know we’ve seen with Alphabet as well. Those are essentially in the penalty box right now. I mean, I see them getting treated almost like bear market stocks,” Ives told CNBC.
The penalty being assessed is for capex itself. Meta raised its 2026 capex guide to $125 to $145 billion. Microsoft spent $30.88 billion on capex in Q3 FY26, up 84.39% year over year. Alphabet’s 2026 capex guidance sits at $175 to $185 billion.
The market treats those numbers as cost without revenue. The numbers say otherwise. Microsoft’s AI business surpassed a $37 billion annual revenue run rate, up 123% year over year. Google Cloud grew 63% to $20.03 billion with backlog nearly doubling quarter on quarter to over $460 billion. Oracle’s cloud infrastructure revenue grew 93% to $5.79 billion with RPO at $638 billion, up 363% year over year.
That is monetization in the filings, while shares trade like the buildout is a money pit.
The memory supercycle and the winners The chip and memory side has been catching the bid Ives thinks should accrue to hyperscalers eventually. “It’s a memory supercycle. We’re talking about something that’s going to be for the next few years. This is not something that’s all of a sudden a boom and bust cycle,” he said.
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Memory costs are up 90 to 95% this year, with equilibrium not expected for 18 to 24 months. That spills into hardware. Ives told CNBC iPhone prices could rise $150 to $200 across tiers as memory costs filter through, which matters because Apple (NASDAQ:AAPL) just posted a $111.18 billion March quarter on iPhone 17 strength.
NVIDIA (NASDAQ:NVDA) sits in the middle of this. Data Center revenue ran at $75.246 billion, up 92% year over year, and the company has booked $119 billion in total supply commitments. NVIDIA is still off 8% in the past month, but up 22% over the past year. The capex the market is punishing in Redmond and Menlo Park is the same capex flowing to Jensen Huang.
July earnings as the catalyst Ives’s timing argument hinges on the next four weeks. “I think this does start to reverse over the next 6 to 9 months, because as you see monetization, I think July, when we see earnings in terms of tech, that’s actually going to be a pretty big catalyst for the hyperscalers and big tech,” he said.
Microsoft reports July 29, 2026, the same day as Meta. Apple follows July 30. On Meta, Ives called it “a prove-me period for Zuck to show that the monetization is now going to start.”. On Alphabet, his read was that recent talent leakage to Anthropic was being overpriced as a threat. “Alphabet relative to losing a few engineers to Anthropic… I think that’s an overreaction,” he said. He expects the Mag-7 to be a significant outperformer in the second half.
If July earnings reports confirm AI revenue is compounding faster than capex is depreciating, the penalty box opens. If not, the bifurcation persists.
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Realty Income stanovila cenu emise seniorních nezajištěných dluhopisů v objemu 600 milionů EUR s kupónem 3,625 % a splatností v červenci 2032. Čistý výtěžek použije na obecné firemní účely.
, /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the pricing of a public offering of €600 million of 3.625% senior unsecured notes due July 30, 2032 (the "Notes"). The public offering price for the Notes was 99.518% of the principal amount for an effective annual yield to maturity of 3.716%.
The net proceeds from this offering will be used for general corporate purposes, which may include, among other things, the repayment or repurchase of our indebtedness, including borrowings under our revolving credit facilities and commercial paper programs, foreign currency swaps or other hedging instruments, the development, redevelopment and acquisition of additional properties, acquisition or business combination transactions, and the expansion and improvement of certain properties in our portfolio.
This offering is expected to close on July 7, 2026, subject to the satisfaction of customary closing conditions.
The active joint book-running managers for the offering are Barclays, BNP PARIBAS, RBC Capital Markets, Santander, and Wells Fargo Securities.
A copy of the prospectus supplement and prospectus, when available, related to this offering may be obtained by contacting: Barclays Bank PLC by telephone at 1-888-603-5847, BNP PARIBAS by telephone at +44 (0)20-7595-8222, RBC Europe Limited by telephone at +44 (0)20-7029-7031, Banco Santander, S.A. by telephone at +34-91-257-2029, and Wells Fargo Securities International Limited by telephone at 1-800-645-3751.
These securities are offered pursuant to a Registration Statement that has become effective under the Securities Act of 1933, as amended. These securities are only offered by means of the prospectus included in the Registration Statement and the prospectus supplement related to the offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any offer or sale of these securities in any state or other jurisdiction where, or to any person to whom, the offer, solicitation, or sale of these securities would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Realty Income
Realty Income (NYSE: O), an S&P 500 company, is real estate partner to the world's leading companies®. Founded in 1969, we serve our clients as a full-service real estate capital provider. As of March 31, 2026, we have a portfolio of over 15,500 properties in all 50 U.S. states, the U.K., and eight other countries in Europe. We are known as "The Monthly Dividend Company®" and have a mission to invest in people and places to deliver dependable monthly dividends that increase over time. Since our founding, we have declared 672 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats® index for having increased our dividend for over 31 consecutive years. Additional information about the company can be found at www.realtyincome.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this press release, the words "estimate," "anticipate," "assume," "expect," "believe," "intend," "continue," "should," "may," "likely," "plan," "seek," and similar expressions are intended to identify forward-looking statements. Forward-looking statements include discussions of our business, strategy, plans, and the intentions of management; joint ventures, partnerships and portfolio including management thereof; our platform; growth and capital strategies; and dividends, including the amount, timing and payments of dividends. Forward-looking statements are subject to risks, uncertainties, and assumptions about us which may cause our actual future results to differ materially from expected results. Some of the factors that could cause actual results to differ materially are, among others, our continued qualification as a real estate investment trust; general domestic and foreign business, economic, or financial conditions; competition; fluctuating interest and currency rates; inflation and its impact on our clients and us; access to debt and equity capital markets and other sources of funding (including the terms, structure and partners of such funding); volatility and uncertainty in the credit and financial markets; other risks inherent in real estate, private capital, credit and mezzanine investments, and joint ventures or co-investment ventures including solvency, defaults under leases, bankruptcies, potential liability relating to environmental matters, illiquidity of real estate investments (including rights of first refusal or rights of first offer), and potential damages from natural disasters; impairments in the value of our real estate assets; volatility and changes in domestic and foreign laws and the application, enforcement or interpretation thereof (including with respect to tax laws and rates); property ownership through co-investment ventures, funds, joint ventures, partnerships and other arrangements which, among other things, may transfer or limit our control of the underlying investments; epidemics or pandemics; the loss of key personnel; the threat and outcome of any legal proceedings to which we are a party or which may occur in the future; acts of terrorism and war; the anticipated benefits from mergers, acquisitions, co-investment ventures, funds, joint ventures, partnerships, and other arrangements; and those additional risks and factors discussed in our reports filed with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are not guarantees of future plans and performance and speak only as of the date of this press release. Past operating results and performance are provided for informational purposes and are not a guarantee of future results. There can be no assurance that historical trends will continue. Actual plans and results may differ materially from what is expressed or forecasted in this press release and forecasts made in the forward-looking statements discussed in this press release might not materialize. We do not undertake any obligation to update forward-looking statements or publicly release the results of any forward-looking statements that may be made to reflect events or circumstances after the date these statements were made or to reflect the occurrence of unanticipated events.
The New England Journal of Medicine stáhl článek o klíčové klinické studii podporující schválení Amgenu pro Tavneos poté, co FDA zjistila, že data u devíti pacientů byla změněna a někteří výzkumníci nebyli zaslepeni.
The Amgen logo is seen in this illustration taken August 3, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
CompaniesJune 29 (Reuters) - The New England Journal of Medicine on Monday retracted an article on a pivotal clinical trial that supported approval of Amgen’s (AMGN.O), opens new tab rare-disease drug, citing concerns that patient outcome data were altered and that some researchers had been unblinded.
The journal said two academic authors of the 2021 study requested the retraction, opens new tab after a U.S. Food and Drug Administration investigation found results for nine patients were altered and some researchers were told which patients received the drug, Tavneos, and who did not.
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The changes were not disclosed in the article, said the journal.
An Amgen spokesperson said it "takes scientific integrity seriously and respects the role of journals in upholding the peer review process."
They said results of a "re-adjudication" of the trial's results by the Duke Clinical Research Institute "will be shared with the FDA as part of our hearing submission due by July 29 and submitted for publication. TAVNEOS remains on the market in the U.S."
In April, the FDA's Center for Drug Evaluation and Research (CDER) proposed withdrawing Tavneos' approval, citing a lack of proven effectiveness and false statements in its original application.
In March, the agency identified 76 cases of drug-induced liver injury with evidence suggesting a causal link to Tavneos, including seven cases of vanishing bile duct syndrome (VBDS), a rare condition that can cause permanent liver damage. Eight deaths were reported among those cases.
Tavneos was approved in October 2021 to treat a rare disease called severe active ANCA-associated vasculitis, which inflames small blood vessels and can damage organs like the kidneys and lungs.
Europe's drug regulator last week also recommended revoking the marketing authorization for the drug, citing concerns over the integrity of its trial data.
Amgen has signed up a research firm to independently review the data on Tavneos, as it seeks to prove the drug's benefits before a hearing with the FDA.
Reporting by Puyaan Singh in Bengaluru; Editing by Sahal Muhammed
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Corteva oznámila složení představenstva pro Vylor, budoucí samostatně obchodovanou firmu v oblasti pokročilých semen a genetiky. Oddělení zůstává na cestě ve 4. čtvrtletí 2026.
Karen Grimes to be Chair; separation on track for 4Q 2026
, /PRNewswire/ -- Corteva Inc. (NYSE: CTVA) announced today the board of directors for Vylor Inc., the future publicly traded, advanced seed and genetics company that will result from the current company's planned separation.
Karen Grimes will lead the board as Independent Chair. Grimes joined Corteva's board of directors in March 2021 and was previously senior managing director, partner, and equity portfolio manager at Wellington Management Company LLP, an investment management firm. She began her career as a field engineer in the Atlanta office at IBM after serving for three years in the U.S. Army. Grimes also serves as a director of Toll Brothers, Inc., a company that develops and builds luxury residential communities across the U.S., since March 2019.
"Vylor will be a company dedicated to leveraging its expertise in advanced seed and genetics to help farmers feed and fuel the world. I look forward to working with my fellow directors as well as the Vylor senior management team to accelerate the company's growth and impact – and continue to deliver results for shareholders," said Grimes.
The appointments to the board of seven directors will be effective at separation, which remains on track for the fourth quarter of 2026. A search is ongoing for at least one additional board member.
The Future Vylor Board of Directors
Karen Grimes, retired partner, senior managing director and equity portfolio manager, Wellington Management Company, non-executive chair of the board Victor Aguilar, chief research, development and innovation officer, The Procter & Gamble Company Rajesh "Raj" Kalathur, Rajesh "Raj" Kalathur, former president, John Deere Financial, former chief information officer and chief financial officer, Deere & Company Marcos Lutz, chairman, former chief executive officer, Ultrapar Participacões S.A. Chuck Magro, future chief executive officer, Vylor Johannes "Jannie" J. Oosthuizen, executive vice president and president, oncology and MSD International, Merck & Co., Inc. Kerry Preete, retired executive vice president and chief strategy officer, Monsanto Company Vylor's innovation engine will be anchored in the agriculture industry's most elite germplasm and transformative biotech. The company will leverage its next generation scientific expertise in disciplines like gene editing and molecular breeding to further strengthen its core business while exploring opportunities to expand to new row crops – and potentially beyond. Vylor will scale these innovations using its leading routes-to-market and by significantly expanding its licensing business.
About Corteva
Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world's most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.
Cautionary Statement on Forward-Looking Statements
This press release contains certain forward-looking statements. Words such as "will," "plan," "may," "expect," "see," and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Examples of forward-looking statements include, but are not limited to, Corteva's intent to separate and its related expectations for Corteva and Vylor. These forward-looking statements reflect management's current expectations and are not guarantees of future performance and are subject to a number of risks and uncertainties, many of which are difficult to predict and beyond Corteva's control.
Important factors that may affect Corteva's business and operations and that may cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, whether the objectives of the separation will be achieved; the terms, structure, benefits and costs of any action or transaction resulting from the separation; the timing of any such separation or related action and whether any such separation will be consummated at all; the risk that the announcement of the intended separation could have an adverse effect on the ability of Corteva to retain and hire key personnel and maintain relationships with customers, suppliers, employees, shareholders and other business relationships and on its operating results and business generally; the risk the separation could divert the attention and time of the company's management; the risk of any unexpected costs or expenses resulting from the separation process or separation itself; and the risk of any litigation relating to the separation, as well as the risks and uncertainties described in Corteva's risk factors, as they may be amended from time to time, set forth in its filings with the U.S. Securities and Exchange Commission. Corteva disclaims and does not undertake any obligation to update, revise, or withdraw any forward-looking statement in this press release, except as required by applicable law or regulation.
Digital Realty koupí od fondů spravovaných Blackstone většinový podíl ve třech plně pronajatých datových centrech v Severní Virginii za ocenění 7,8 miliardy USD. Zaplatí 3,5 miliardy USD, z toho 1,2 miliardy v hotovosti a 2,3 miliardy v akciích.
File Photo: A car drives past a building of the Digital Realty Data Center in Ashburn, Virginia, U.S., March 17, 2025. REUTERS/Leah Millis/File Photo Purchase Licensing Rights, opens new tab
CompaniesJune 29 (Reuters) - Digital Realty (DLR.N), opens new tab said on Monday it would acquire a majority stake in three fully leased Northern Virginia data centers from Blackstone-managed funds (BX.N), opens new tab in a deal valuing the assets at $7.8 billion.
The acquisition strengthens Digital Realty's position in Northern Virginia, the world's largest data center market, where demand for capacity has surged as cloud computing and AI drive higher infrastructure needs.
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Under the deal, which is expected to close on June 30, Digital Realty will pay Blackstone-affiliated funds $3.5 billion for their blended 64% equity interest.
The consideration includes $1.2 billion in cash and $2.3 billion in Digital Realty shares, based on the company's last reported share price on June 29.
Reporting by Jaspreet Singh in Bengaluru; Editing by Vijay Kishore and Maju Samuel
Our Standards: The Thomson Reuters Trust Principles., opens new tab
LITTLE ROCK, Ark., June 29, 2026 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) today announced that its Board of Directors has approved a stock repurchase program (the “Stock Repurchase Program”) authorizing the purchase of up to $200 million of outstanding common stock. The Stock Repurchase Program has received all necessary regulatory approvals and will become effective July 1, 2026, upon the expiration of the Bank’s current stock repurchase program, and will remain in effect through July 1, 2027, unless extended or shortened by the Board of Directors.
Under the Stock Repurchase Program, the Bank may repurchase shares of its common stock from time to time at prevailing market prices, through open market or privately negotiated transactions, or otherwise in accordance with applicable federal securities laws, including Rule 10b-18 of the Securities Exchange Act of 1934 (the “Exchange Act”). In establishing parameters for repurchase price and share volume, management will consider a variety of factors including stock price, expected growth, capital position, alternative uses of capital, liquidity, financial performance, the current and expected macroeconomic environment, regulatory requirements and other factors. The Stock Repurchase Program does not obligate the Bank to repurchase any particular amount of common stock, and the program may be suspended, modified or discontinued at any time.
Under the previously approved stock repurchase program that expires on July 1, 2026, the Bank has repurchased 3.89 million shares of common stock for $176.6 million (including applicable federal excise tax) for an average price per share of $45.34.
GENERAL INFORMATION
Bank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence. Established in 1903, Bank OZK conducts banking operations in more than 265 offices in nine states including Arkansas, Georgia, Florida, Texas, North Carolina, Tennessee, New York, California and Mississippi and had $41.7 billion in total assets as of March 31, 2026. For more information, visit ozk.com.
