Solana price has climbed to $78 after buyers defended support near $74, though repeated failures below $80 and lingering concern over the BONK governance attack have kept market sentiment cautious.
Summary
Solana price has recovered to $78 but must close above $80 to confirm a breakout. SOL trades above four key moving averages, while liquidity clusters could trigger a short squeeze. A loss of the $75.55 support would expose $72.50 and the June range floor near $67. According to data from crypto.news, Solana (SOL) price traded at $78.03 at press time, up marginally over the past 24 hours after moving between an intraday low of $77.42 and a high of $78.88. The token has recovered about 5% from its July 18 low but remains below the $82–$84 zone reached earlier this month.
Confidence across the Solana ecosystem took a hit after an attacker drained nearly $20 million from the BonkDAO treasury. According to crypto.news, the attacker spent roughly $4.4 million to acquire enough BONK to meet the governance threshold, then passed a proposal with 99.9% approval.
The incident did not compromise Solana’s base layer, but it exposed weak safeguards within a major ecosystem project. BonkDAO had low voter participation, no execution delay, and enough concentrated voting power for one participant to control the result, according to crypto.news analysis.
Meanwhile, demand through regulated investment products has provided some support. U.S. spot Solana exchange-traded funds recorded $8.36 million in net inflows on July 6, their strongest day in nearly two months, according to data from SoSoValue. Early-July inflows reached about $5.75 million during one full trading week, with no daily outflow reported over the period.
Geopolitical pressure remains a hurdle for high-beta cryptocurrencies. Brent crude settled at $91.01 on July 21 after U.S.-Iran hostilities, and Houthi threats against Red Sea shipping routes raised concern over energy supplies. The dollar index also advanced to 101.16 as traders increased bets that higher oil costs could keep the Federal Reserve focused on inflation, Reuters reported.
A stronger dollar and renewed rate-hike expectations usually reduce demand for speculative assets. Solana may therefore need both crypto-market strength and less pressure from energy prices to sustain a move beyond nearby resistance.
Solana needs a daily close above $80 to unlock the next range The daily chart places SOL directly below resistance at $78.92, a level that previously acted as support in February, April and early June. Buyers briefly reclaimed it during the first half of July, but price slipped back underneath after stalling near $83.
Solana price daily chart — July 22 | Source: crypto.news A daily close above $78.92 would clear the first barrier, while $80 remains the psychological level required to confirm a breakout. Beyond it, the July swing highs between $82.50 and $84 form the next supply zone. A close above $84 could open the route toward $90 and the previous range high near $97.60.
Daily momentum favors another test. The Aroon Up reading stands at 71.43%, while Aroon Down has fallen to zero, showing that recent highs carry more weight than recent lows. However, the Chaikin Money Flow remains slightly negative at -0.02, which shows that capital inflows have not yet matched the price recovery.
According to crypto trader Daan Crypto Trades, SOL has reached a “key high timeframe region” that will decide whether bulls can attack the upper end of the range.
“Either the bulls push through and set a higher low here to take a stab at the range high in the $90s. Or this rejects here and dribbles back down to that mid $60s area.”
The 4-hour chart offers a more constructive setup. SOL trades above its 20-period moving average at $77.01, its 50-period average at $76.42, its 100-period average at $77.60 and its 200-period average at $75.55. Regaining all four lines has placed short-term control with buyers.
Solana 4-hour price chart — July 22 | Source: crypto.news The 4-hour MACD remains above its signal line, although its histogram has narrowed to 0.13. Momentum has therefore stayed positive, but buyers need stronger follow-through before the move can extend through $80.
Derivatives liquidity could help accelerate a breakout. CoinGlass’ three-day liquidation heatmap shows concentrated short-liquidation bands near $78.50, $79.20 and $80.60. A move through $79 could force leveraged bears to close positions and add market buy orders, creating the conditions for a quick test of $81.
Solana liquidation heatmap | Source: CoinGlass Loss of $75.50 would invalidate the bullish setup Below the market, the largest nearby liquidation pools sit around $76.80, $76.10 and $75. A downturn through those levels could trigger long liquidations and pull SOL toward $74, where buyers stepped in during the latest retracement.
The 4-hour 200-period moving average at $75.55 serves as the main invalidation line. A sustained close below it would return SOL beneath its moving-average cluster and expose $72.50, followed by the June range floor near $67.
Oil above $90, further U.S.-Iran escalation, or another Solana ecosystem security incident could strengthen the bearish case. For now, the charts support another attempt at $80, but SOL must close above that level with stronger capital inflows to turn the recovery into a confirmed breakout.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
A recent report indicates that $250 million in USDC liquidity was added to the Solana network. This addition reflects a significant influx of dollar-backed stablecoin resources into the network, consistent with previous large-scale USDC mints on Solana. The increase in liquidity follows a pattern of substantial Circle mints, with notable mints of $1 billion and $3.25 billion occurring earlier this year. These developments are seen as potentially bolstering the Solana ecosystem by providing more liquidity for decentralized finance (DeFi) activities on the network.
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Key Takeaways Markets suggest that the $250 million USDC injection could indicate increased support for the Solana ecosystem. The liquidity boost appears consistent with a trend of large USDC mints on Solana, suggesting potential for enhanced activity. Pricing in related markets appears supportive of scenarios where Solana’s price might see upward pressure due to increased liquidity. What to Watch Market participants may observe whether this liquidity increase leads to heightened activity in Solana-based DeFi platforms. Key actors, such as Solana Labs and Circle, might provide further insights or announcements impacting Solana’s liquidity dynamics. Additionally, watch for any regulatory developments or technological upgrades that could influence Solana’s price trajectory and ecosystem growth.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 9.5% — — View market → August 1 2026 0.2% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.9% — — View market → August 1 2026 0.7% — — View market → August 1 2026 0.4% — — View market → August 1 2026 1.8% — — View market → August 1 2026 0.4% — — View market → August 1 2026 2.3% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.7% — — View market → August 1 2026 0.1% — — View market → August 1 2026 17.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.1% — — View market →
A few months ago, Chiliz laid out a manifesto for the next phase of Fan Tokens – go omnichain, unlock the US market, and turn the promises of SportFi into shipped products.
This week, one of the biggest pieces of that plan lands.
Socios.com, through Fan Token Management (FTM) US (part of The Chiliz Group), has partnered with Playfly Sports to launch the first-ever Fan Tokens in US college sports. Five programs are in at launch: LSU, Maryland, Michigan State, Penn State, and Texas A&M.
Thirty university athletic departments are targeted within the next 12 months. It’s a major first for US sports and the clearest proof yet that the Chiliz 2030 roadmap isn’t just a slide deck.
This is a major milestone with massive potential.
Penn State’s Beaver Stadium (106,572), Texas A&M’s Kyle Field (102,733), and LSU’s Tiger Stadium (102,321) regularly outdraw every NFL stadium in the country. College football alone pulls in more than 39 million fans a season across Division I. This is a US-first for Fan Tokens, but it’s landing in one of the largest, most fiercely loyal fan markets on the planet.
The promise: 2026 will see our re-entry into the US market That line comes straight from the Chiliz 2030 manifesto. It wasn’t a vague ambition. It was a specific commitment, backed by a specific reason, growing regulatory clarity and growing demand from teams and fans.
That clarity arrived in March 2026, when the SEC and CFTC issued joint guidance classifying Fan Tokens as digital collectibles and digital tools, citing Socios.com directly. That guidance is the regulatory foundation this launch stands on.
College sports is a fitting place to start. It’s one of the most passionate fan cultures anywhere, and now those fans get the same kind of digital connection to their programs that supporters of many of the biggest clubs in the world already have.
As Alexandre Dreyfus, CEO and Founder of Chiliz puts it: “These are the first Fan Tokens® in U.S. college sports and represent not only a new frontier for Fan Tokens® but also a new iteration of the established asset class.”
Craig Sloan, CEO of Playfly Sports, framed it from the university side: the partnership gives athletic departments “innovative ways to engage their fans” while opening “a new revenue stream that can help support student-athletes through NIL initiatives.”
Delivering on the vision This launch is the latest in a run of Chiliz 2030 Vision commitments delivered on schedule. Here’s the scorecard so far.
Going omnichain. For seven years, Fan Tokens lived on a single chain. That changed when Chiliz launched them on Solana and Base, built on LayerZero’s Omnichain Fungible Token (OFT) standard. This isn’t the wrapped-token approach most projects use, where a copy of the asset sits on a new chain backed by reserves elsewhere, fragmenting liquidity in the process. It’s a single, unified token supply across all three chains at once. A fan on Socios.com and a trader on Jupiter or Aerodrome are holding the exact same asset. The integration also runs on LayerZero’s multi-DVN security setup, meaning cross-chain transfers are verified by multiple independent networks rather than one point of failure. The result: expanded distribution, deeper liquidity, and for the first time, real DeFi use cases like liquidity pools opening up for Fan Token holders.
The $CHZ buyback. Chiliz 2030 promised a direct value accrual system tying ecosystem activity to $CHZ scarcity. It’s now live: 10% of Fan Token sale revenue across every supported chain is earmarked for $CHZ buybacks. It’s a structural mechanism, not a one-off event. The more Fan Tokens trade, the more $CHZ gets bought back and removed from circulation, a flywheel connecting club activity and fan engagement directly to token economics.
National team tokens, delivered on schedule. The manifesto flagged this as part of the campaign ahead of a summer of football, and Chiliz followed through.
Champions last time around and this year’s runners up Argentina ($ARG) have their own Fan Token, as do Portugal ($POR).
But, before this year’s tournament got under way, new Fan Tokens for Belgium ($BELG) South Africa ($SAFA), Scotland ($SFA) and eventual champions Spain ($SPAIN) landed.
Performance-linked tokenomics
New tokenomics that react to performances were promised in the manifesto.
And, during this summer’s tournament, we saw the first iteration of this with the rollout of performance linked tokenomics for the first time, with participating national team Fan Tokens burned after every win, directly linking performance on the pitch to what happens on-chain.
After Spain beat Argentina 1-0 in the July 19 final, more than 1M $SPAIN tokens had been burned.
Transforming a vision into reality
Put together, this is what Chiliz 2030 execution actually looks like month to month: chain expansion, tokenomics upgrades, national team tokens landing ahead of the World Cup, and now the first Fan Tokens in American college sports, with 30 university athletic departments targeted within the year.
While billions of viewers are watching the 2026 FIFA World Cup for the goals, upsets, and debut nations, a parallel storyline is unfolding on-chain. FIFA’s digital collectibles platform, fan tokens tied to national teams, and a major crypto exchange sponsorship have turned the expanded 48-team tournament into the largest real-world test case for blockchain in sports entertainment.
The tournament, spread across the US, Canada, and Mexico, isn’t just bigger in terms of teams. It’s bigger in terms of crypto infrastructure.
FIFA Collect moves to Avalanche, and fans showed up fast FIFA Collect, the organization’s NFT-based digital collectibles platform, migrated from Algorand to an Avalanche-powered blockchain after May 20, 2025. The switch brought sub-second transaction finality and EVM compatibility, which in plain English means faster purchases and easier integration with the broader Ethereum ecosystem of wallets and tools.
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The early results were striking. An initial NFT drop on the revamped platform raised $115,000 within just 24 minutes before selling out completely.
The platform also supports “Right-to-Buy” tickets, a mechanism designed to combat scalping and fraud by tying ticket access to verified digital ownership.
Kraken steps in as official crypto exchange supporter On June 9, 2026, Kraken was announced as FIFA’s official crypto exchange supporter for the tournament. The partnership focuses on fan engagement and awareness, positioning Kraken’s brand in front of the World Cup’s massive global audience.
Fan tokens spike with match results Six national teams competing in the tournament have official fan tokens, including Argentina, Spain, and Belgium. These tokens, built on the Chiliz blockchain, give holders access to voting rights on minor team decisions and exclusive content. Their prices have shown clear correlation with match outcomes.
During the 2022 Qatar World Cup, fan tokens experienced similar volatility spikes around knockout stage matches. The difference now is that the infrastructure is more mature, the tournament is larger with 48 teams instead of 32, and the crypto market backdrop is considerably different from the post-FTX wasteland of late 2022.
What this means for crypto investors The immediate tokens to watch are AVAX and CHZ, each benefiting from different mechanisms. AVAX gets a demand boost from FIFA Collect transaction volume. CHZ benefits from the speculative frenzy around individual team tokens, with trading volume likely to spike further as the tournament progresses into the knockout rounds.
The 2026 World Cup final is scheduled for July 19. The $115,000 sellout in 24 minutes suggests fan appetite for blockchain-based collectibles is real. FIFA’s willingness to rebuild its entire digital collectibles platform on a new chain, partner with a regulated exchange, and integrate blockchain-based ticketing suggests this isn’t a one-tournament experiment.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
La Liga president Javier Tebas went scorched earth on FIFA president Gianni Infantino in an interview with Italian newspaper Gazzetta dello Sport on July 21, demanding his resignation and declaring that FIFA is “destroying the football industry.”
The power struggle on the pitch Tebas didn’t mince words. “His time is up,” the La Liga chief said, accusing Infantino of misguided policies that have bloated the football calendar and prioritized commercial interests over the sport’s traditional structure.
The timing is pointed. Spain recently won the 2026 World Cup, giving Tebas a platform of strength from which to launch his attack. Meanwhile, Infantino is gearing up for a re-election campaign for a fourth term as FIFA president, with the vote scheduled for March 2027.
The core grievance isn’t new. European leagues have been pushing back against FIFA’s expansion of the World Cup format and the relentless fixture congestion it creates.
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Why crypto cares about a football power struggle FIFA has been on a blockchain spending spree. On June 9, the organization announced Kraken as the Official Crypto Exchange Supporter for the 2026 World Cup.
By mid-July 2026, FIFA’s own blockchain platform, powered by Avalanche, went live for digital collectibles. The platform lets fans buy, sell, and trade officially licensed digital items tied to the tournament.
La Liga itself isn’t sitting on the sidelines either. The Spanish league partnered with Panini to release blockchain-based digital trading cards featuring players from the 2025-26 season, a launch scheduled for April 2026. So both sides of this governance fight have skin in the crypto game.
Then there’s the fan token ecosystem. Platforms like Socios.com, powered by Chiliz, have seen increased activity around World Cup events. Fan tokens let supporters vote on minor club decisions and access exclusive perks. They also trade on secondary markets, which means their value is sensitive to sentiment around the organizations that issue them.
The governance risk nobody’s pricing in A new FIFA president could renegotiate existing deals, deprioritize blockchain initiatives, or shift the commercial strategy entirely. The Kraken partnership, the Avalanche-powered collectibles platform, all of these arrangements were signed under Infantino’s leadership.
For Avalanche specifically, FIFA’s platform represents a high-profile use case that validates the network’s enterprise capabilities. If governance chaos at FIFA slows the rollout or dampens enthusiasm for the collectibles platform, it removes one of Avalanche’s most visible real-world adoption stories.
Chiliz faces a different but related risk. The fan token model relies on clubs and leagues maintaining active, engaged partnerships with the Socios platform. If the power struggle between FIFA and European leagues like La Liga intensifies, leagues might consolidate their own blockchain strategies independently rather than participating in FIFA-aligned ecosystems.
The smart move is to watch the next few months for signals: whether other league presidents join Tebas in calling for change, whether FIFA’s commercial partners issue any public statements of support, and whether Infantino’s re-election bid attracts a credible challenger.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ten goals. In a third-place match. At the World Cup. England put six past France in Miami on July 18, winning 6-4 in what is now the highest-scoring bronze medal playoff in World Cup history.
For England, it’s their best tournament finish since lifting the actual trophy back in 1966.
A first half that broke France England went into halftime leading 4-0. That’s not a typo.
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Bukayo Saka was the star, scoring a hat-trick to help England build what looked like an insurmountable cushion.
France didn’t roll over. Kylian Mbappé and Ousmane Dembélé were among the scorers as Les Bleus clawed back four goals in the second half. It wasn’t enough. England held on for the 6-4 victory, and the combined 10-goal tally set a new record for bronze medal matches in the tournament’s 96-year history.
Fan tokens caught fire The Chiliz ecosystem, which powers fan tokens through its Socios.com platform, saw trading volumes surge in the wake of England’s win. Neither England nor France currently have dedicated fan tokens on the platform. Tokens like $SPAIN and $ARG, tied to other national teams competing in the tournament, saw increased trading activity linked to the general World Cup buzz.
The tournament also drove significant token burn activity. After the quarterfinal round, 1.16 million $SPAIN tokens were burned, a deflationary mechanism designed to reduce supply and theoretically support price.
Prediction markets had their own moment. Settlement volumes during the tournament reportedly exceeded billions, reflecting the growing appetite for decentralized wagering on real-world sporting outcomes.
What crypto investors should watch CHZ, the native token of the Chiliz blockchain, is the primary vehicle through which most investors get exposure to this sector. Its price action tends to correlate with major sporting events, spiking around tournaments and fading during off-seasons.
If 1.16 million $SPAIN tokens burned after the quarterfinals becomes a standard practice across more teams and more tournaments, the deflationary pressure could compound over time.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the “Class Period”), of the important August 25, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the “CSRC”), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu’s financial results were overstated; and (4) as a result of the foregoing, defendants’ positive statements about Futu’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
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Nano Nuclear Energy (NNE +5.42%) is a nuclear energy company that wants to build small, portable nuclear power systems. It does not yet have commercial reactors in operation, yet its flagship microreactor design, called KRONOS, is moving through the Nuclear Regulatory Commission (NRC) regulatory process and is tied to a University of Illinois project.
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That's a decent elevator pitch for the nuclear stock, but it doesn't really do justice to what this company is trying to accomplish. In addition to building portable microreactors, the company also aims to control parts of the nuclear reactor infrastructure, such as fuel transportation. To that end, Nano may have just pulled off one of its most strategically important moves of 2026.
Let's take a look.
A critical piece of the nuclear puzzle purchased In late May 2026, Nano acquired Secured Transportation Services (STS), a profitable nuclear logistics company with 21 years of experience moving radioactive and nuclear materials.
Nano agreed to pay up to $13 million for STS, which is about 1.8 times the logistics company's trailing sales (about $7.1 million in 2025). STS also reported a net income of about $1.3 million, with net margins of roughly 18%.
At first glance, those numbers might produce little more than a half-shrug of indifference. So what? A million and some change in profits is hardly a drop in the bucket for a company whose first microreactor is expected to cost between $300 million and $350 million. Nano reported a net loss for 2025 of about 30 times that $1.3 million ($40 million in fiscal 2025).
Image source: Getty Images.
So, no, the deal isn't going to unleash a fire hose of cash on Nano's balance sheet. But there are much subtler reasons why this acquisition was critical to Nano's business, and they all revolve around the vertical integration model Nano is seeking to establish.
What you have to remember is that transportation in nuclear is not like ordinary trucking. Moving nuclear fuel and waste commercially requires more inspections, security protocols, rules, requirements, approvals, and route planning than putting a bunch of goods on the highway and telling the driver where to go. This is especially true of "spent fuel," or fuel that's already been used in reactors, as fuel at that stage is highly radioactive.
In this regard, STS' current operations could come in handy. According to Nano, STS "currently holds approval for more than 90% of the active U.S. NRC approved spent fuel routes in the United States."
Obviously, operating on nine out of 10 of the NRC-approved spent-fuel routes can help Nano's operations directly. It could also become a profit-making machine. In fact, it could transport fuel for utilities, government agencies, nuclear fuel suppliers, and even Nano's competitors. The business could, in short, grow with a broadening nuclear industry, even if Nano's KRONOS reactors haven't yet turned on the revenue spigot.
Don't get me wrong, though. If Nano wants to become a major, or even a nontrivial, player in the advanced nuclear space, it needs to commercialize its reactors. But I like where management's thought process is. With the stock currently trading more than 40% lower year to date, this could be an attractive entry point for risk-tolerant long-term investors.
Due to Meta Platforms' (META 0.30%) plans to spend massive sums on artificial intelligence infrastructure, its shares have fallen substantially from the 52-week high of $796.25 they reached last August. But the stock's trajectory has changed in recent days, edging up past $600.
The catalyst for Wall Street's renewed optimism is Meta CEO Mark Zuckerberg's plan to turn the company's expensive AI infrastructure into a cloud computing business that sells access to its artificial intelligence models. This will provide it with a new revenue stream and diversify Meta beyond its advertising-fueled social media foundation.
That new direction could become a key sales driver, as it has been for other tech titans that pursued cloud computing, such as Amazon, Microsoft, and notably, Meta's chief rival in digital advertising, Google parent Alphabet. But is Meta joining this cadre too late, or does its AI opportunity change the dynamics of its investment thesis?
Image source: Getty Images.
A look at Meta's cloud computing ambitions Amazon, Microsoft, and Google are the world's top three providers of cloud computing capacity, demonstrating that this market is a natural fit for tech businesses already pouring money into data center infrastructure. Meta -- the fourth of the big hyperscalers -- finally throwing its hat into the ring makes sense, especially since it plans to spend as much as $145 billion on capital expenditures this year, up substantially from 2025's $72.2 billion.
However, it could take years for the revenue it generates from its cloud business to become meaningful. The Facebook parent hoped to make the metaverse a significant new sales and profit source, and even changed its name back in 2021 to reflect that goal, but to no avail. After enormous investments in its metaverse aspirations, the company continues to make nearly all of its revenue from advertising. For instance, $55 billion of its $56.3 billion in first-quarter sales came from ads.
Yet Meta's cloud strategy is a different beast. Artificial intelligence is already gaining broad market traction, unlike the metaverse. The company is providing its proprietary AI models to customers for a fee, akin to the approach adopted by the likes of OpenAI.
Moreover, the barriers to entry in this space are high. Developing a proprietary AI model requires significant funding to establish the necessary infrastructure. So much money is required that even Alphabet's enormous cash-generating business isn't enough to cover its costs; it recently engaged in a massive $84.75 billion equity offering, the largest in U.S. history.
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Meta's approach to AI Another factor making AI a unique opportunity is that Zuckerberg sees the tech evolving into a superintelligence.
"We have begun to see glimpses of our AI systems improving themselves," he said. Rather than this technology being used in a general capacity, he envisions AIs tailored to individual needs.
"Meta's vision is to bring personal superintelligence to everyone," Zuckerberg said. "We believe in putting this power in people's hands to direct it toward what they value in their own lives."
If Meta can deliver on this vision, its AI cloud business could become a substantial revenue source. After all, Google's cloud division delivered $17.7 billion in sales last year, representing fast growth from 2021's $5.5 billion, the year before OpenAI's ChatGPT exploded onto the scene.
Even though Meta's stock has ticked upward, its forward price-to-earnings ratio of 21 remains near its low point for the past year. This suggests a good share price valuation, making now an opportune time to consider buying Meta shares.
Robert Izquierdo has positions in Alphabet, Amazon, Meta Platforms, and Microsoft. The Motley Fool has positions in and recommends Alphabet, Amazon, Meta Platforms, and Microsoft. The Motley Fool has a disclosure policy.
Key Takeaways Analysts expect Tesla to report Q2 EPS of $0.50.The options market is implying a 6% post-EPS move.Energy and future tech timelines will be important clues for investors to observe. Tesla Q2 EarningsZacks Rank #3 (Hold) stock Tesla ((TSLA - Free Report) ) will report earnings on second quarter earnings results on Wednesday, July 22, after the equity market close. Zacks Consensus Analyst Estimates predict that Tesla will earn $0.50 for Q2, up from the $0.41 the company earning in Q1.
Image Source: Zacks Investment Research
Tesla’s Recent EPS HistoryTesla’s recent earnings track record has been spotty to say the least. The EV maker has missed Zacks Consensus Estimates in 6 of the past 10 quarters.
Image Source: Zacks Investment Research
Nevertheless, Tesla is exhibiting some recent signs of a turn around. Over the past two quarters Tesla has beaten Wall Street estimates by double digits and has an average EPS surprise of 5.48% over the past four.
Image Source: Zacks Investment Research
TSLA Implied Post-EPS MoveThe options market is currently pricing in a rather subdued post-EPS move of +/- $24 or 6%.
The Legacy EV Business: Volume vs. MarginsAlthough most investors own Tesla shares because they are betting on future products such as the Optimus humanoid robot and robotaxi, it’s electric vehicle business still comprises the lion’s share (~85%) of its total revenues. Last month, Tesla delivered a spectacular deliver beat when it reported ~480k vehicles for Q2. The 480K delivery number trounced Wall Street estimates of 406k and represented a 25% year-over-year increase.
However, it’s important that investors do not view the delivery number in a vacuum. Amid a sunsetting of the federal EV tax credits and a slowing EV market Tesla has offered generous promotional financing and has slashed prices in key markets such as China and Europe. The question for investors is “Will increased EV sales volumes supersede incentives or will deep discounts erode profit margins?”
Tesla EnergyTesla’s Energy business continues to be a consistent bright spot for the company. Deployments soared 40% year-over-year. Meanwhile, Tesla is expanding its energy business. SunRun ((RUN - Free Report) ) and TSLA announced a 16GW distributed energy pact targeting utilities and data center operators. Additionally, Tesla brough the largest lithium refinery in the U.S. online earlier this year. While growth will likely continue, investors will be watching to see if CAPEX stabilizes in this segment.
Future Product TimelinesTesla CEO Elon Musk has a reputation for setting extremely aggressive (and sometimes unrealistic) timelines. While these optimistic timelines can lead to increased productivity, they have been a thorn in the side of Wall Street investors, who are often hyper focused on quarterly results as opposed to long-term results. As a result, investors will want to see progress on Tesla’s Robotaxi & Cybercab commercialization, its FSD adoption rates, and Optimus and AI Compute expansion.
Bottom Line
Tesla’s Q2 EPS will answer important questions about the company’s legacy EV business, energy growth, and future product timelines. If strong delivery volumes can offset incentives and Elon Musk delivers tangible updates on autonomous tech, Tesla shares could finally get the spark they need.
Microsoft (MSFT 1.11%) stock has struggled mightily throughout 2026. As of this writing (July 20), shares are down 18% on the year -- a stark contrast to the S&P 500's gain of 9%. Within the "Magnificent Seven" tech stocks, Microsoft stands out as the clear laggard.
Investor skepticism around the company's huge artificial intelligence (AI) infrastructure spending has weighed on sentiment despite the company's underlying business momentum. With earnings scheduled for July 29, I think there is a strong case for a sharp rebound in Microsoft stock. Read on to learn why.
Image source: Getty Images.
Why is Microsoft stock down this year? The primary culprit behind the stock's decline is widespread concern over the return on the company's aggressive capital expenditures (capex). Management has accelerated spending on AI data centers, with 2026 capex guidance projected at $190 billion. These infrastructure investments are pressuring free cash flow, raising questions about near-term profit margins as depreciation on GPUs and related hardware accelerates.
MSFT Capital Expenditures (TTM) data by YCharts; TTM = trailing 12 months.
Growth in its Azure cloud segment is also facing heightened scrutiny. It delivered 40% annual growth last quarter -- outpacing Amazon Web Services' (AWS) 28% pace -- but some investors are beginning to worry about Microsoft's ability to sustain leadership in the AI cloud landscape without even higher spending.
What is Wall Street expecting? According to consensus estimates, Wall Street analysts are looking for Microsoft to report revenue of $87.7 billion and earnings per share (EPS) of $4.24. Management's own guidance calls for total revenue between $86.7 billion and $87.8 billion, with Azure forecast to have 39% to 40% growth based on constant currency.
These figures include continued enterprise momentum offset by softer consumer hardware trends. In my eyes, this is a relatively achievable bar that leaves room for an earnings beat if AI demand proves stronger than forecast.
Analyzing Microsoft's valuation I see a few reasons that could drive better-than-expected results in Microsoft's upcoming earnings report. Azure growth could accelerate even further as newly added capacity comes online and utilization improves, allowing the company to capture incremental AI workloads.
Moreover, if Copilot adoption continues expanding across Microsoft 365, the company's revenue profile should shift toward higher-margin, usage-based models -- supporting acceleration in the Productivity segment.
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Microsoft's robust commercial backlog, ongoing AI infrastructure partnerships, and efficiencies in data center operations position the company for further revenue reacceleration and gradual margin expansion as fixed costs are leveraged more effectively. While these will take time to fully manifest themselves, I think investors may be underestimating the potential here.
On valuation, Microsoft trades at a forward price-to-earnings (P/E) multiple of roughly 20. This is the cheapest the stock has been in several years -- making shares both reasonable and attractive at current prices.
MSFT PE Ratio (Forward) data by YCharts.
With AI tailwinds still early in the adoption curve, smart investors will see that the current discount to historical averages reflects short-term concerns around capex and competition rather than a fundamental weakness for Microsoft. A clean beat on Azure forecasts and encouraging commentary on capacity utilization could swiftly rerate Microsoft stock higher.
Overall, the upcoming report offers Microsoft a chance to reset the growth narrative. If the company demonstrates that its infrastructure investments are translating into revenue growth and improving profitability, shares could fly as investors shift from worrying about spending to acknowledging the payoff.
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup's common stock of $0.67 per share, payable on August 28, 2026, to stockholders of record on August 3, 2026. The Board of Directors of Citigroup Inc. also declared dividends on Citigroup's preferred stock as follows: – 6.250% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series T, payable August 17, 2026, to holders of record on August 7, 2026. Holders of depositary rece.
Nvidia (NVDA - Free Report) closed the most recent trading day at $207.29, moving +1.97% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.89%. At the same time, the Dow added 0.74%, and the tech-heavy Nasdaq gained 1.29%.
Heading into today, shares of the maker of graphics chips for gaming and artificial intelligence had lost 2.57% over the past month, outpacing the Computer and Technology sector's loss of 6.6% and lagging the S&P 500's loss of 0.63%.
The investment community will be paying close attention to the earnings performance of Nvidia in its upcoming release. The company's earnings per share (EPS) are projected to be $2.09, reflecting a 99.05% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $91.71 billion, up 96.2% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $9.09 per share and revenue of $387.84 billion, which would represent changes of +90.57% and +79.61%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Nvidia. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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. The Zacks Consensus EPS estimate has moved 1.54% higher within the past month. At present, Nvidia boasts a Zacks Rank of #1 (Strong Buy).
Valuation is also important, so investors should note that Nvidia has a Forward P/E ratio of 22.37 right now. This indicates a discount in contrast to its industry's Forward P/E of 49.42.
We can also see that NVDA currently has a PEG ratio of 0.43. 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. NVDA's industry had an average PEG ratio of 0.93 as of yesterday's close.
The Semiconductor - General industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 5, putting it in the top 3% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Shiba Inu has resumed trading in the green territory amid the broader market rally as bulls appear to be driving demand while momentum builds again.
Following the positive market situation, the Shiba Inu exchange activity has also turned bullish as buying activity on the meme token has increasingly outpaced sell attempts.
SHIB bulls activatePer data provided by crypto analytics platform CryptoQuant, Shiba Inu has seen a mild decline in its exchange netflow, which is currently sitting at -87,572,400,000 SHIB.
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The negative balance in the SHIB exchange flow indicates excessive buy activity over sell attempts.
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This suggests that the amount of SHIB moved out of exchanges to private wallets, which is often a buy signal, is more than the amount of tokens sent to exchanges to potentially sell by over 87 billion SHIB.
This is bullish as it potentially shrinks the available supply of SHIB tokens in circulation, signaling an increase in demand for the leading meme token.
Shiba Inu headed for a major breakout?Following the bullish SHIB exchange activity, its price has also continued to rally, reclaiming $0.0000043 with a decent daily price increase of about 3% after multiple days of extreme volatility.
With the bullish moves coming after several months of consistent downturns, the ongoing rally coinciding with bullish exchange activity has placed SHIB back on track for a major price breakout.
The positive metric extends across the SHIB spot and derivatives markets, suggesting that SHIB futures traders have also regained interest in the meme token.
Shiba Inu (SHIB), one of the most recognized meme coins on the market, has seen a dramatic increase in token burns over the last 24 hours. Despite millions of SHIB being permanently removed from circulation, the token’s price continues to trade around $0.0000042, near its lowest levels in recent years.
Millions of tokens burned, price remains unchangedAccording to on-chain data trackers, over 13 million SHIB tokens were sent to null crypto wallets within a single day, marking a notable uptick in burn activity. These burns, aimed at reducing the available supply, are often regarded as a strategy for strengthening token value over time.
However, the current price action has not reflected the intensity of the latest burn events. Analysts report that SHIB’s price has shown persistent weakness, with minimal price movement despite the sharp reduction in supply. The overwhelming size of SHIB’s circulating supply means that even large burns make little immediate impact unless accompanied by a substantial rise in demand.
Whale activity and technical signalsIn addition to increased burns, there has been clear evidence of whale accumulation as well as notable exchange outflows. Such activity typically signals that large holders are transferring coins to private wallets, which reduces selling pressure in the short term.
Technical analysis indicates that SHIB may be stabilizing after a prolonged downtrend. Early signs of a possible reversal are present but have yet to translate into significant price gains.
Mini dictionary: Whale, a term used in cryptocurrency markets to describe an individual or entity that holds large amounts of a particular digital asset, often having the ability to influence market movements through their trading activity.
Bulls want more than just burnsThe SHIB community has historically rallied around burn campaigns, believing they could spark price surges. This time, however, many traders are calling for new catalysts beyond supply reduction. Ecosystem growth, technical innovation, strategic partnerships, and direct utility are cited as the next requirements for SHIB to attract increased attention and capital.
Market participants are also watching for signs of real progress within the Shiba Inu ecosystem, including updates on Shibarium, the project’s proprietary layer-2 blockchain.
Mini dictionary: Shibarium, a layer-2 blockchain solution designed to improve the scalability and speed of the Shiba Inu ecosystem while reducing transaction fees and supporting decentralized applications.
While the recent rise in burns has fueled optimism in some circles, the dominant mood in the market is one of patience. Observers emphasize that only with meaningful ecosystem expansion and renewed trader interest will SHIB’s price begin to reflect supply reductions.
Market outlook remains cautiousWith billions of tokens remaining in circulation and cautious sentiment across digital assets, smaller supply cuts alone are unlikely to move SHIB’s price meaningfully. Community leaders and active traders suggest the coin needs to prove further adoption, utility, or innovation to regain upward momentum.
If whale accumulation and exchange outflows continue, and SHIB maintains its current support levels, some analysts believe there is potential for a more bullish scenario. Until then, burn activity alone appears insufficient to change the market’s outlook.
DateSHIB Tokens BurnedPrice MovementPast 24 hoursOver 13 millionFlatRecent weeksMillions (aggregate)Downtrend/stableDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Check out why some community members turned against the project's team.
The team behind the popular meme coin tried to settle an interesting competition, but instead became the subject of criticism from its community.
SHIB’s price has finally rebounded, while several bullish factors suggest a much more substantial rally could be on the horizon.
The SHIB Army Demands Action Inspired by Spain’s victory in the FIFA World Cup, Shiba Inu’s official X account tried to settle “the real competition,” asking where on Earth the meme coin has the strongest presence.
Some of the answers included Brazil, Japan, the USA, and Turkey, yet the vast majority of users found the question totally inappropriate, suggesting that SHIB’s team should focus on more pressing matters instead.
Many showed their frustration at the recent inactivity of the entire ecosystem, urging the developers to act fast before they lose even more traction. One X user, named Mehmet, said Shiba Inu’s team has been “mocking” people who trusted the project, adding that he regrets the moment when he learned about SHIB.
“People trusted you and invested. I really regret the day I learned about Shib. Leash has turned to trash. The value of Treat and Bone keeps dropping every day. Shame on you.”
Others went even further, labeling Shiba Inu as a scam and a dead project.
Good Days Ahead? Besides the stalled ecosystem developments, SHIB’s holders are perhaps even more frustrated by the meme coin’s price collapse. It currently trades at around $0.000004272, representing a 72% decline on a yearly scale. On the bright side, this is a 4% increase over the past week, while certain elements signal that the bulls may stage a more decisive comeback in the short term.
The first is the resurgence of Shiba Inu’s burning mechanism. The burn rate has soared by nearly 280% over the last month, indicating that many tokens have been effectively removed from circulation. Still, SHIB’s supply remains extremely large, meaning that both the team and the community will need to ramp up their efforts in that field to support a stronger rally.
SHIB Burn Rate, Source: Shibburn.com Next on the list is the meme coin’s declining amount on exchanges. According to CryptoQuant, the figure has dropped to a fresh five-year low, signaling that numerous investors have abandoned centralized platforms in favor of self-custody wallets, thereby reducing immediate selling pressure.
4:20pm: Chip rally lifts stocks Wall Street finished sharply higher on Tuesday, with semiconductor stocks leading a broad-based rally despite fresh geopolitical and trade concerns.
The Nasdaq paced the gains, climbing 329 points, or 1.3%, to 25,837 as investors piled back into chipmakers after recent weakness. The S&P 500 rose 66 points, or 0.9%, to 7,509, while the Dow Jones added 385 points, or 0.7%, to close at 52,225.
Technology shares were the standout performers as optimism returned to the semiconductor sector, helping offset concerns over escalating tensions in the Middle East and new US tariffs targeting Canadian imports.
Investors appeared willing to look beyond the latest geopolitical headlines, instead focusing on a busy stretch of corporate earnings that could set the tone for markets through the rest of the week.
The spotlight now turns to Wednesday's earnings calendar, one of the busiest of the season. Before the opening bell, investors will hear from Philip Morris, GE Vernova and AT&T. After markets close, attention will shift to Big Tech, with Alphabet, Tesla and IBM all scheduled to report results.
3:40pm: Proactive news headlines Graphene Manufacturing Group Ltd (TSX-V:GMG, OTCQX:GMGMF) signed an exclusive global memorandum of understanding with Alstom to develop and commercialize graphene-based products for rail HVAC systems. Namibia Critical Metals (TSX-V:NMI, OTCQB:NMREF) secured approval for up to C$11 million in additional funding to advance the definitive feasibility study for its Lofdal Heavy Rare Earth Project and awarded key metallurgical contracts to SGS Canada. ReElement Technologies Corporation, majority-owned by American Resources Corp (NASDAQ:AREC), hired 13 new employees to support the commissioning and expansion of its rare earth refining operations in Indiana. Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF, FRA:8SR) identified two gold-bearing feeder structures at its East Goldfield property in Nevada that it believes could become future drill targets following recent exploration and geophysical work. 2:30pm: Market movers Tesla Inc (NASDAQ:TSLA) said a summer software update will expand Grok AI voice controls to include tasks such as making phone calls, playing music and adjusting vehicle functions while adding self-driving statistics and smarter navigation features to the Tesla app. Magnolia Oil & Gas Corporation (NYSE:MGY) announced a $4 billion agreement to acquire WildFire Energy, a deal that will significantly expand its South Texas operations and more than double its footprint in the Giddings field. Utz Brands (NYSE:UTZ) agreed to be acquired by Germany's Intersnack Group in a $2.9 billion deal that will take the snack maker private through a $14.25 per share all-cash offer. Nebius Group NV (NASDAQ:NBIS) shares surged after Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) disclosed a 9.3% passive stake in the company, reflecting an existing investment that includes shares and prefunded warrants rather than new capital. Halliburton Company (NYSE:HAL, XETRA:HAL) reported second-quarter earnings that beat analyst expectations, but its shares fell after the company warned that the oilfield services market is weakening faster than anticipated. Graphene Manufacturing Group Ltd (TSX-V:GMG, OTCQX:GMGMF) signed an exclusive global memorandum of understanding with Alstom to develop and commercialize graphene-based products for rail HVAC systems. Hasbro Inc (NASDAQ:HAS) raised its full-year revenue and profit outlook after stronger-than-expected second-quarter results driven by record sales of its Magic: The Gathering trading card franchise. Namibia Critical Metals (TSX-V:NMI, OTCQB:NMREF) secured approval for up to C$11 million in additional funding to advance the definitive feasibility study for its Lofdal Heavy Rare Earth Project and awarded key metallurgical contracts to SGS Canada. 3M Co (NYSE:MMM) raised its full-year earnings guidance after reporting second-quarter earnings and revenue that exceeded Wall Street expectations. General Motors Company (NYSE:GM) increased its full-year 2026 profit forecast after reporting better-than-expected second-quarter earnings and revenue despite one-time charges related to its electric vehicle realignment. ReElement Technologies Corporation, majority-owned by American Resources Corp (NASDAQ:AREC), hired 13 new employees to support the commissioning and expansion of its rare earth refining operations in Indiana. 12:15pm: Tesla rolls out software updates Tesla Inc (NASDAQ:TSLA) said it will roll out a new software update this summer that lets its Grok AI assistant make phone calls, play music, adjust cabin climate and open the glovebox by voice command.
The update also allows drivers to view and share self-driving statistics through Tesla's mobile app, and gives Navigation the ability to suggest routine destinations and prioritize routes drivers have previously taken.
Other features include the ability to set a desired arrival battery level from the app, upload custom vehicle wraps without a USB drive, and lock rear display controls from the front screen. Tesla's in-car Caraoke feature will add scoring and saved high scores.
11:00am: AI rally faces reality Some analysts are wondering whether market expectations have already been pushed too high.
Linh Tran, Market Analyst at XS.com, believes what we’re seeing is “more than ordinary profit-taking.”
“With valuations already reflecting much of the optimism surrounding artificial intelligence, the market is no longer satisfied with earnings simply beating forecasts,” Tran wrote.
“Investors now expect companies to keep raising their revenue outlooks, preserve profit margins and prove that the enormous amount of capital being committed to AI infrastructure can generate adequate economic returns.”
Still, Tran believes the market’s long-term uptrend remains intact, but investors may face a more selective environment ahead. A measured pullback could be constructive by easing valuation concerns and setting the stage for a healthier continuation of the rally, the analyst added.
9:55am: Investors look past trade worries Stocks opened higher Tuesday morning, with the Nasdaq leading the charge as chip stocks bounced back and investors digested a fresh batch of corporate earnings.
The Nasdaq climbed 0.7% to 25,687, while the S&P 500 gained 0.4% to 7,468 and the Dow Jones Industrial Average edged up 0.2% to 51,924.
Technology shares regained momentum after recent pressure on semiconductor names, helping to steady markets as investors look ahead to a busy stretch of earnings from major companies.
Corporate results offered another boost to sentiment. General Motors Company (NYSE:GM) reported stronger-than-expected second-quarter results, posting revenue of $48.03 billion versus the $46.61 billion expected by analysts. The automaker also delivered adjusted earnings per share of $3.57, ahead of the $3.19 consensus estimate, while adjusted EBIT came in at $3.94 billion compared with expectations of $3.7 billion.
Industrial giant 3M Co (NYSE:MMM) also topped forecasts, reporting second-quarter revenue of $6.5 billion and adjusted earnings per share of $2.40, ahead of estimates of $6.4 billion and $2.24, respectively. The company said adjusted operating margins improved to 24.9% and raised its full-year 2026 adjusted outlook.
Investors were also keeping an eye on the labour market after data from ADP showed private-sector hiring slowed for a fourth consecutive week. Employers added an average of 16,500 jobs per week in the four weeks through July 4, down from 24,250 three weeks earlier, suggesting some cooling in employment conditions.
Trade tensions remained in focus as US Treasury Secretary Scott Bessent defended the possibility of a 50% tariff on Canada, describing the move as “just reciprocity.”
“Any sustained dip-buying could help turn the tide and push the broader market to the upside,” said Paolo Broccardo, CEO at BankPro. “Strong earnings and resilient guidance could reinforce confidence in the sector, while any disappointment may revive selling pressure.”
8:30am: Fresh US-Canada trade tensions Wall Street looks set for a stronger start on Tuesday, with technology stocks once again leading the way as investors prepare for another busy day of corporate earnings and keep a close eye on trade developments.
Ahead of the opening bell, Nasdaq futures were up 1.3%, while S&P 500 futures gained 0.4%. Dow Jones futures were more modestly higher, rising 0.2%.
Chip stocks were back in favor after another wave of buying in the sector. Nvidia ticked higher in pre-market trading after the AI chip giant disclosed it had taken a stake in neocloud provider Nebius, adding fresh momentum to a group that has been driving much of the market's gains this year.
Investors will also be digesting a new escalation in trade tensions. President Donald Trump announced a fresh round of 50% tariffs on a range of Canadian goods, including beer, hockey sticks, milk and chemicals, with the measures set to take effect in 30 days. The White House said the move was in response to what it described as discriminatory Canadian trade practices, raising the prospect of another round of retaliatory measures between the two countries.
One notable exception was Canadian crude oil, which was spared from the new tariffs. Oil prices eased slightly Tuesday morning after surging in recent sessions as renewed fighting involving Iran pushed Brent crude back toward the $90-a-barrel mark, its highest level since mid-June.
The earnings calendar also picks up pace before the market opens, with General Motors, Halliburton and 3M all scheduled to report quarterly results, helping set the tone ahead of this week's closely watched reports from several Big Tech heavyweights.
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Jim Cramer used his Tuesday, July 20, CNBC Mad Money segment to defend Netflix (NASDAQ:NFLX | NFLX Price Prediction) after a punishing post-earnings sell-off, telling viewers the streamer’s slide into the high-$60s makes the stock worthy of a closer look.
“This is not a broken company. It’s one of the best companies around with one of the best products, and the numbers are still better than most,” Cramer said, framing the stock’s 19x forward earnings multiple as an entry point patient investors have been waiting for.
Netflix shares are down 8.44% over the past week, 12.64% over the past month, and 44.1% over the past year, closing Tuesday at $68.67. That’s a sharp reset from levels near $95.55 at the start of April.
Netflix Beat Estimates, but Investors Still Sold the Stock Netflix’s Q2 2026 report on July 16 delivered EPS of $0.80 versus the $0.7883 estimate on revenue of $12.56 billion, up 13.37% year over year, with an operating margin of 33.4%. Growth was broad-based, with Latin America up 21%, Asia Pacific up 16%, EMEA up 14%, and North America up 10%. Netflix narrowly missed on Wall Street’s revenue expectations.
However, Netflix fell from $73.985 at the filing to $68.20 within an hour. Cramer conceded the quarter was a disappointment with a weakening content slate, but pushed back on the idea that the company is now fundamentally broken.
Netflix’s Advertising Revenue Could Double to $3 Billion Cramer shared Netflix’s bull case based on an uptick in advertising revenue. “Advertising revenues should roughly double to $3 billion this year, and management believes the gap between the economics of the ad-supported and the ad-free plans is narrowing,” he said, pointing to a gap now under 45%. On the earnings call, co-CEO Gregory Peters described that closing gap as “near-term, unrealized revenue growth” the company can harvest.
The Company Captures Only 5% of Global Television Viewing Then came the runway argument. “Penetration of its addressable broadband households captures only about 7% of the entertainment revenue available in those markets, and accounts for just about 5% of global television viewing, so there’s still plenty of room for growth,“ Cramer said. CFO Spencer Neumann noted Netflix is approaching 1 billion people in audience with household penetration under 45% of ~800 million addressable households.
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Netflix Repurchased a Record $4.7 Billion of Stock Additionally, Netflix repurchased $4.7 billion of stock in Q2, its largest buyback quarter ever, with roughly $27 billion in remaining authorization after April’s $25 billion refresh. Cramer characterized it as one of the largest corporate buyback programs in America, alongside investments across ads, games, live programming, podcasts, sports, and AI.
Cramer Says Buy a Small Position and Add “Pyramid Style” Cramer advocated for interested investors to start a small position and scale up over time. “I’d put a small position here and then gradually add on to weakness in pyramid style, because I wouldn’t be surprised if the weakness sticks,” he said.
Polymarket’s active weekly market assigns roughly 81% probability that NFLX closes the week of July 20-24 in the $60-$70 range, and the July monthly market puts the highest conviction at $65 with 0.405 probability.
Reddit sentiment mirrors the split Cramer is trying to bridge. Aggregate sentiment scores dropped to 24 on Monday afternoon, while a widely upvoted r/stocks thread titled “Netflix beat earnings, did its biggest buyback and then restricted access to its engagement data and fell 12% through two days” captured the frustration. Wall Street’s average analyst price target sits at $97.91 with 37 Buy and 13 Hold ratings, which represents significant upside from the stock’s current price of $68.67.
What To Watch Cramer believes Netflix’s sell-off has created an attractive entry point, but he cautioned that the stock could remain weak in the near term. His strategy is to start with a small position and gradually buy more if shares continue to fall.
The bull case now depends on Netflix doubling advertising revenue to $3 billion, restoring engagement growth, and meeting its Q3 guidance. If the company delivers, its global growth runway, record share repurchases, and 19x forward earnings multiple could make the current decline a long-term buying opportunity.
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In the latest close session, MasterCard (MA - Free Report) was down 1.67% at $538.30. This move lagged the S&P 500's daily gain of 0.89%. Meanwhile, the Dow experienced a rise of 0.74%, and the technology-dominated Nasdaq saw an increase of 1.29%.
Prior to today's trading, shares of the processor of debit and credit card payments had gained 13.09% outpaced the Business Services sector's gain of 4.27% and the S&P 500's loss of 0.63%.
Investors will be eagerly watching for the performance of MasterCard in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 30, 2026. The company is expected to report EPS of $4.77, up 14.94% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $9.07 billion, up 11.48% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $19.63 per share and a revenue of $37.01 billion, representing changes of +15.4% and +12.87%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for MasterCard. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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.
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. The Zacks Consensus EPS estimate has moved 0.13% higher within the past month. MasterCard is holding a Zacks Rank of #3 (Hold) right now.
In the context of valuation, MasterCard is at present trading with a Forward P/E ratio of 27.9. This valuation marks a premium compared to its industry average Forward P/E of 11.89.
Also, we should mention that MA has a PEG ratio of 1.71. 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. As of the close of trade yesterday, the Financial Transaction Services industry held an average PEG ratio of 0.89.
The Financial Transaction Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 85, this industry ranks in the top 35% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
In the latest close session, Walmart (WMT - Free Report) was down 1.61% at $110.39. The stock fell short of the S&P 500, which registered a gain of 0.89% for the day. At the same time, the Dow added 0.74%, and the tech-heavy Nasdaq gained 1.29%.
The stock of world's largest retailer has fallen by 4.25% in the past month, lagging the Retail-Wholesale sector's gain of 1.33% and the S&P 500's loss of 0.63%.
Market participants will be closely following the financial results of Walmart in its upcoming release. The company plans to announce its earnings on August 20, 2026. The company's earnings per share (EPS) are projected to be $0.74, reflecting a 8.82% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $186.4 billion, up 5.07% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.89 per share and a revenue of $750.01 billion, signifying shifts of +9.47% and +5.17%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for Walmart. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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 0.11% rise in the Zacks Consensus EPS estimate. Walmart is currently a Zacks Rank #3 (Hold).
From a valuation perspective, Walmart is currently exchanging hands at a Forward P/E ratio of 38.84. This signifies a premium in comparison to the average Forward P/E of 13.86 for its industry.
Meanwhile, WMT's PEG ratio is currently 4.18. 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. WMT's industry had an average PEG ratio of 1.94 as of yesterday's close.
The Retail - Supermarkets industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 229, placing it within the bottom 7% of over 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.
To follow WMT in the coming trading sessions, be sure to utilize Zacks.com.
Altria Group, Inc. is rated Sell due to a 30% premium to its historical P/E, despite stagnant results and uncertain smoke-free growth. MO's Q1 outperformed the industry in smokeables, but oral tobacco remains challenged, with on! Growing shipments yet losing share amid intense competition. Management reaffirmed 2026 EPS guidance ($5.56–$5.72) but expressed caution given macro uncertainty and lack of conviction in near-term margin expansion.
A United Airlines flight lands in front of the U.S. Capitol at Ronald Reagan Washington National Airport in Arlington, Virginia, U.S., November 7, 2025. REUTERS/Nathan Howard Purchase Licensing Rights, opens new tab
CompaniesJuly 21 (Reuters) - A union representing over 11,000 mechanics and other employees at United Airlines (UAL.O), opens new tab secured an in-principle agreement for a new contract following two years of bargaining, it said on Tuesday.
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The new contract agreed by the Teamsters United Airlines union will provide a $5,000 signing-on bonus per member, totaling $54 million.
The union said it "fully recommends ratification of this agreement."
The contract promises "industry-leading wage increases" and brings down "wage progression to top-of-scale pay" to five years, from the current eight-year period.
Union members will have the opportunity to review the full contract and vote for ratification once the details and language of the contract are finalised.
Reporting by Nandan Mandayam in Bengaluru; Editing by Shailesh Kuber
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Exxon Mobil Holdings (XOM - Free Report) closed the most recent trading day at $151.71, moving +2.26% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.89%. Meanwhile, the Dow experienced a rise of 0.74%, and the technology-dominated Nasdaq saw an increase of 1.29%.
The oil and natural gas company's shares have seen an increase of 7.14% over the last month, surpassing the Oils-Energy sector's gain of 4.15% and the S&P 500's loss of 0.63%.
The upcoming earnings release of Exxon Mobil Holdings will be of great interest to investors. The company's earnings report is expected on July 31, 2026. The company is expected to report EPS of $3.89, up 137.2% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $96.47 billion, indicating a 18.36% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $11.38 per share and a revenue of $385.07 billion, indicating changes of +62.8% and +15.9%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Exxon Mobil Holdings. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
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.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 4.03% fall in the Zacks Consensus EPS estimate. At present, Exxon Mobil Holdings boasts a Zacks Rank of #3 (Hold).
In terms of valuation, Exxon Mobil Holdings is presently being traded at a Forward P/E ratio of 13.04. This signifies a premium in comparison to the average Forward P/E of 8.06 for its industry.
We can also see that XOM currently has a PEG ratio of 0.61. 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 Oil and Gas - Integrated - International was holding an average PEG ratio of 0.64 at yesterday's closing price.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 232, this industry ranks in the bottom 6% of all industries, numbering over 250.
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 XOM in the coming trading sessions, be sure to utilize Zacks.com.
Zoom Communications (ZM - Free Report) ended the recent trading session at $89.77, demonstrating a -1.25% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.89%. Meanwhile, the Dow experienced a rise of 0.74%, and the technology-dominated Nasdaq saw an increase of 1.29%.
The video-conferencing company's shares have seen an increase of 7.79% over the last month, surpassing the Computer and Technology sector's loss of 6.6% and the S&P 500's loss of 0.63%.
The investment community will be paying close attention to the earnings performance of Zoom Communications in its upcoming release. It is anticipated that the company will report an EPS of $1.5, marking a 1.96% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.27 billion, indicating a 4.22% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.17 per share and revenue of $5.09 billion, indicating changes of +4.22% and +4.54%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Zoom Communications. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 2.98% higher within the past month. At present, Zoom Communications boasts a Zacks Rank of #3 (Hold).
Looking at valuation, Zoom Communications is presently trading at a Forward P/E ratio of 14.75. This denotes a discount relative to the industry average Forward P/E of 19.97.
Meanwhile, ZM's PEG ratio is currently 3.32. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Internet - Software industry stood at 1.1 at the close of the market yesterday.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 85, finds itself in the top 35% echelons 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
At least four more Ford workers have reportedly been fired over alleged snack thefts from self-checkout kiosks inside the automaker’s factories, widening a controversy that first came to light after an electrician said he lost his job over a $1.95 package of cookies that he later proved he had paid for.
Nick Nabozny, who had nearly nine years’ experience at Ford’s Michigan Assembly Plant, was fired after he was accused of walking out with a bag of Doritos and a package of Ritz crackers with cheese that the company alleged he hadn’t paid for, the Detroit Free Press reported.
Nabozny, 38, insists he believed the self-checkout kiosk had processed his debit-card payment after it chimed and flashed on the screen.
Ford assembly worker Nick Nabozny says he was fired after the company accused him of failing to pay for a bag of Doritos and Ritz crackers with cheese at a self-checkout kiosk. Nick Nabozny / Facebook At least three other Michigan Assembly workers who were fired over alleged snack thefts have been reinstated after investigations cleared them, according to the Free Press.
Nabozny said during a meeting with Ford management on April 27, he was shown surveillance footage from earlier that month that allegedly captured the incident at the self-checkout marketplace near the end of an overtime shift.
“I asked, ‘What did I steal?'” Nabozny told the newspaper.
A union bargaining representative said, “‘They have you on camera in the marketplace stealing food,'” he continued. “I said, ‘I never stole anything in my life. Why would I jeopardize my livelihood and my family’s livelihood to steal food when I’m making good money?'”
“It showed me talking to someone and then when I was done speaking, it shows me grabbing a Milky Way off the shelf, looking at the ingredients, and putting it back,” said Nabozny, who earned $40 an hour.
Ford worker Brendan Fluker says employees at the Michigan Assembly Plant have long complained about problems with Aramark’s self-checkout kiosks, including failed transactions, double charges and frozen screens. WXYZ He’d been on track to earn over $125,000 for the year last year due to accrued overtime.
“I grabbed two different snacks, Doritos and Ritz Crackers with cheese. Then it shows me going to the kiosk and scanning those two items. It shows me pulling my debit card out of my pocket, tapping it and waiting for it to register,” he said.
Another employee, Brendan Fluker, told the Free Press that workers have long complained about the Aramark kiosks malfunctioning, citing transactions that failed to process, double charges, frozen screens and missing receipts.
Workers assemble Ford vehicles at a plant in Michigan, where employees say malfunctioning self-checkout kiosks have led to wrongful theft accusations. Getty Images The latest cases have prompted Ford and food-service giant Aramark to review the functionality of self-serve kiosks at Ford’s US-based plants after workers alleged payment glitches wrongly branded them as thieves and cost them their jobs.
Neither Ford nor Aramark commented on the specific cases.
Ford told the Post that it and Aramark are reviewing the kiosks after becoming aware of “issues raised regarding the kiosk functionality in some limited cases.”
“We are working with Aramark to review these situations,” a spokesperson said.
An Aramark self-checkout kiosk similar to the one at the center of allegations that payment glitches led to workers being wrongly accused of stealing snacks. Aramark similarly said the company is “reviewing the instances in question” and remains focused on operating “with integrity and accountability.”
The revelations come just weeks after Kurt Kromm, a 60-year-old electrician who spent 11 years at Ford’s Kentucky Truck Plant in Louisville, told The Post he rejected the automaker’s offer to return after it fired him over an alleged failure to pay for a $1.95 package of Grandma’s Chocolate Chip Cookies.
Kromm, who is diabetic, said his blood sugar dropped to 60 during an overnight shift on May 9, prompting him to buy the cookies from an Aramark self-checkout kiosk.
Ford’s Michigan Assembly Plant in Wayne, Mich., where several workers were fired over alleged self-checkout snack thefts before some were later reinstated. Getty Images He told The Post the payment terminal flashed a red error message after he tapped his debit card. He tried again, but while the screen never displayed the usual green approval checkmark, it also didn’t reject the transaction.
A week later, Ford fired him after showing him surveillance footage that appeared to indicate he had walked away without paying.
Days later, after obtaining the correct purchase price from a former co-worker, Kromm reviewed his bank records and discovered the $1.95 transaction had in fact gone through. He later provided Ford with a notarized bank statement verifying the payment.
Former Ford electrician Kurt Kromm says he was fired over a $1.95 package of Grandma’s Chocolate Chip Cookies before bank records proved he had paid. Ford reinstated Kromm, paid him roughly $33,000 in back wages and invited him to return to work. He refused.
Kromm has retained Kentucky attorney J. Will Huber, who plans to send a demand letter to Ford and Aramark.
The Post has sought comment from Nabozny, Fluker and the United Auto Workers.
In the latest close session, Ford Motor Company (F - Free Report) was up +2% at $14.27. This move outpaced the S&P 500's daily gain of 0.89%. Meanwhile, the Dow gained 0.74%, and the Nasdaq, a tech-heavy index, added 1.29%.
Shares of the company have depreciated by 0.85% over the course of the past month, outperforming the Auto-Tires-Trucks sector's loss of 6.09%, and lagging the S&P 500's loss of 0.63%.
Market participants will be closely following the financial results of Ford Motor Company in its upcoming release. The company plans to announce its earnings on July 28, 2026. The company is expected to report EPS of $0.36, down 2.7% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $45.66 billion, down 2.74% from the year-ago period.
F's full-year Zacks Consensus Estimates are calling for earnings of $1.66 per share and revenue of $177.18 billion. These results would represent year-over-year changes of +52.29% and +1.8%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Ford Motor Company. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.36% rise in the Zacks Consensus EPS estimate. Ford Motor Company is currently a Zacks Rank #3 (Hold).
Digging into valuation, Ford Motor Company currently has a Forward P/E ratio of 8.43. This expresses a discount compared to the average Forward P/E of 18.84 of its industry.
Meanwhile, F's PEG ratio is currently 0.31. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Automotive - Domestic industry stood at 1.05 at the close of the market yesterday.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 167, placing it within the bottom 33% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within 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.
McDonald's (MCD - Free Report) closed the most recent trading day at $263.91, moving -1.39% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.89% for the day. At the same time, the Dow added 0.74%, and the tech-heavy Nasdaq gained 1.29%.
Shares of the world's biggest hamburger chain have depreciated by 0.91% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 1.33%, and the S&P 500's loss of 0.63%.
The investment community will be paying close attention to the earnings performance of McDonald's in its upcoming release. The company is slated to reveal its earnings on August 4, 2026. The company is expected to report EPS of $3.32, up 4.08% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $7.14 billion, reflecting a 4.27% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $12.86 per share and revenue of $28.34 billion, which would represent changes of +5.41% and +5.42%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for McDonald's. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
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, 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. Over the past month, there's been a 0.51% fall in the Zacks Consensus EPS estimate. Right now, McDonald's possesses a Zacks Rank of #4 (Sell).
Looking at valuation, McDonald's is presently trading at a Forward P/E ratio of 20.81. This denotes a premium relative to the industry average Forward P/E of 20.47.
We can also see that MCD currently has a PEG ratio of 2.87. 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. The Retail - Restaurants was holding an average PEG ratio of 1.99 at yesterday's closing price.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 207, putting it in the bottom 16% 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Starbucks (SBUX 0.26%) earned about half as much in fiscal 2025 as it did the year before. Yet the stock is acting as if the opposite happened. Shares sit near $105 as of this writing, within about 4% of their 52-week high of $109.23.
That disconnect is the whole story with this stock right now. The market is paying up for CEO Brian Niccol's turnaround before it fully shows up in profits. And based on the number that leads this kind of recovery (customer traffic), there's a chance that the market has it right.
But can the turnaround's momentum persist?
The next piece of evidence arrives Wednesday, July 29, when the coffee giant reports fiscal third-quarter results.
Image source: Starbucks.
The traffic came back first Comparable store sales, which measure sales at locations open at least a year, trace the turnaround quarter by quarter. Starbucks' global comparable sales grew 1% in the fourth quarter of fiscal 2025 -- its first increase in seven quarters. They rose 4% in the fiscal first quarter of 2026. Then, in the fiscal second quarter (the period ended March 29, 2026), they climbed 6.2%. That is three straight quarters of acceleration.
Even better is what's driving the growth. Global transactions rose 3.8% in the fiscal second quarter, and in the U.S., comparable sales jumped 7.1% on a 4.3% increase in transactions.
More customers are simply walking through the doors. That's the metric that spent the depths of the slump moving in reverse. The international business is participating as well, with comparable sales up 2.6% on 2.1% transaction growth.
The recovery is reaching the income statement, too. Fiscal second-quarter revenue rose 9% year over year to $9.5 billion. The company's GAAP operating margin expanded 180 basis points to 8.7%, and earnings per share rose 32% year over year to $0.45. Non-GAAP (adjusted) earnings per share grew 22% to $0.50.
"Our second quarter marked the turn in our turnaround as our Back to Starbucks plan drove both top and bottom line growth," said Niccol in the company's fiscal second-quarter earnings release.
Management raised its outlook alongside those results. Starbucks now expects global and U.S. comparable sales to grow at least 5% this fiscal year, up from prior guidance of about 3%, with non-GAAP (adjusted) earnings per share of $2.25 to $2.45.
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The profit hole it's still climbing out of About that halved profit. Starbucks earned $1.63 per share in fiscal 2025, down from $3.31 in fiscal 2024. Net income came in at just $1.9 billion, versus $3.8 billion the year before.
The collapse wasn't primarily a demand problem -- it was spending. Niccol's Back to Starbucks plan poured money into store labor to fix slow service. And the year absorbed $892 million in restructuring charges along with inflation in coffee costs.
That context is what makes the current stock price demanding. At about $105, Starbucks trades at a price-to-earnings ratio of about 45 based on the midpoint of this year's adjusted earnings-per-share guidance. A multiple like that assumes the traffic recovery continues and margins climb well beyond this year's guided levels for years to come. In other words, the market is already pricing in a completed turnaround.
So July 29 matters. The items worth checking are U.S. comparable sales and transactions holding anywhere near the fiscal second quarter's pace, operating margin continuing to expand, and any change to the full-year outlook. Comparisons against weak year-ago quarters get harder from here, so the growth rates may naturally cool even if the recovery stays on track.
To be fair to the bulls, turnarounds led by traffic tend to be the durable kind. Price increases can be copied or reversed. Getting millions of customers back into the habit of visiting is harder to fake, and that's what the transaction growth suggests is happening.
But the stock's valuation leaves little room for a stumble. If margins recover on schedule, today's buyers will probably do fine. If the recovery pauses for even a couple of quarters, a stock priced this richly could give back a lot of its gains quickly.
Overall, I'd call the turnaround itself on track -- and the stock fully priced for it. If I owned shares, I'd hold them and let Niccol keep executing. For new money, however, I'd wait: either for a better price, or for the July 29 report to show the margin recovery is running ahead of what the company has promised.
Qualcomm (QCOM - Free Report) ended the recent trading session at $173.67, demonstrating a +1.97% change from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.89%. On the other hand, the Dow registered a gain of 0.74%, and the technology-centric Nasdaq increased by 1.29%.
Heading into today, shares of the chipmaker had lost 23.25% over the past month, lagging the Computer and Technology sector's loss of 6.6% and the S&P 500's loss of 0.63%.
Market participants will be closely following the financial results of Qualcomm in its upcoming release. The company plans to announce its earnings on July 29, 2026. The company is expected to report EPS of $2.22, down 19.86% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $9.73 billion, down 6.16% from the prior-year quarter.
QCOM's full-year Zacks Consensus Estimates are calling for earnings of $10.79 per share and revenue of $42.71 billion. These results would represent year-over-year changes of -10.31% and -3.25%, respectively.
Investors might also notice recent changes to analyst estimates for Qualcomm. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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.
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. The Zacks Consensus EPS estimate has moved 0.08% higher within the past month. Right now, Qualcomm possesses a Zacks Rank of #3 (Hold).
Looking at valuation, Qualcomm is presently trading at a Forward P/E ratio of 15.79. This indicates a discount in contrast to its industry's Forward P/E of 43.32.
It's also important to note that QCOM currently trades at a PEG ratio of 3.74. 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. As the market closed yesterday, the Electronics - Semiconductors industry was having an average PEG ratio of 1.66.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 47, positioning it in the top 20% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
Intel Corporation has rallied on multiple expansions, but the current valuation appears stretched ahead of Q2 earnings. I expect Q2 results to show a small net profit and 12% year-over-year revenue growth, lagging AI-driven semiconductor peers. I maintain a Hold rating on INTC stock due to modest growth versus sector leaders and a high price relative to expected earnings.
In the latest close session, Shopify (SHOP - Free Report) was down 1.16% at $123.03. This change lagged the S&P 500's 0.89% gain on the day. Elsewhere, the Dow gained 0.74%, while the tech-heavy Nasdaq added 1.29%.
Prior to today's trading, shares of the cloud-based commerce company had gained 15.28% outpaced the Computer and Technology sector's loss of 6.6% and the S&P 500's loss of 0.63%.
Market participants will be closely following the financial results of Shopify in its upcoming release. The company plans to announce its earnings on August 5, 2026. The company's earnings per share (EPS) are projected to be $0.39, reflecting a 11.43% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $3.43 billion, showing a 28.1% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.84 per share and revenue of $14.72 billion, indicating changes of +57.26% and +27.37%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Shopify. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming 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 past month, the Zacks Consensus EPS estimate has remained steady. As of now, Shopify holds a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, Shopify is currently exchanging hands at a Forward P/E ratio of 67.76. This signifies a premium in comparison to the average Forward P/E of 17.28 for its industry.
It is also worth noting that SHOP currently has a PEG ratio of 2.05. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Internet - Services industry was having an average PEG ratio of 1.87.
The Internet - Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 100, this industry ranks in the top 41% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
On the Tuesday, July 20 episode of CNBC’s Mad Money, Jim Cramer told viewers now was a good time to rotate out of speculative technology and into industrial blue chips. “In the end, today was a day to buy FedEx. It was a day to pick up some Honeywell Aerospace. Hey, how about buying some GE?”
Cramer argued the NASDAQ is under speculative pressure in both the U.S. and Korean markets and told viewers “to buy more tech only if we get a washout, sell-off first, where all the margin mongers and the option ogres, they just get blown out.” But for now, “It’s time to go to other sectors. They can make you money without the volatility.” The VIX volatility gauge closed at 18.77 on July 17, 2026, up 24.9% for the week and sitting in the 71.2 percentile of its 12-month range.
GE Aerospace Falls Despite a Record Order for 1,000 LEAP Engines Cramer’s loudest complaint was about GE Aerospace (NYSE:GE | GE Price Prediction). “It was down a ridiculous amount even after it got the biggest order for its ones ever, 1000 LEAP engines to power the Airbus A320neos, part of a joint venture. That wasn’t enough. I was shocked that the stock wasn’t up on that news.” Shares fell nearly eight dollars despite the order.
GE’s Q2 2026 adjusted EPS came in at $2.02 versus a $1.86 consensus, its fifth consecutive beat, on revenue of $13.35 billion, up 21.11% year over year. LEAP engine deliveries rose 24%, and management raised full-year adjusted EPS guidance to $7.65 to $7.85, with free cash flow guided to $8.90 billion to $9.20 billion. CEO Larry Culp cited an “over $210 billion backlog” in the Q2 earnings release.
Yet GE has slid 8.86% month to date through July 20, closing at $341.30. Wall Street’s consensus target sits at $397.86, with 16 buy and 3 strong-buy ratings.
FedEx’s Freight Spin and $1 Billion in Savings Simplify the Story FedEx (NYSE:FDX) offers a turnaround industrial story. The Q4 FY2026 report on June 23, 2026 delivered adjusted EPS of $6.31 versus $5.95 expected, on revenue of $25.01 billion, up 12.54%. Full-year adjusted EPS reached $20.24 versus $18.19 the prior year, and permanent cost savings exceeded $1.0 billion.
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The FedEx Freight spin-off closed June 1, 2026, and management guided calendar-year 2026 adjusted EPS from continuing operations to $16.90 to $18.10, with up to $1 billion in opportunistic buybacks. The stock has slipped 5.78% over the past month but remains up 63.98% year to date.
Honeywell Aerospace Gives Investors a New Aviation Pure Play Cramer’s reference to Honeywell Aerospace (NASDAQ:HONA) points to the freshly independent business spun out of Honeywell (NASDAQ:HON) on June 29, 2026, now trading on NASDAQ under the ticker HONA. In Q1 2026, Aerospace Technologies posted $4.32 billion in revenue, up 4%, with a 1.1x book-to-bill. The prior quarter delivered 21% organic sales growth in Aerospace Technologies, a datapoint that captures the commercial aftermarket and defense build-up powering the space.
Parent Honeywell reaffirmed FY2026 adjusted EPS of $10.35 to $10.65 against a backlog of $38.3 billion. HON shares are down 5.83% over the past month but up 11.71% year to date.
What to Watch Jim Cramer recommends avoiding speculative technology stocks unless a sharper sell-off clears out leveraged traders. Until then, he prefers industrial names such as FedEx, GE Aerospace, and Honeywell Aerospace because they offer exposure to cost-cutting, increasing aviation demand, and large order backlogs with less speculative volatility.
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Phillips 66 (PSX - Free Report) closed at $212.27 in the latest trading session, marking a +1.66% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.89% for the day. Meanwhile, the Dow gained 0.74%, and the Nasdaq, a tech-heavy index, added 1.29%.
Shares of the oil refiner witnessed a gain of 23.98% over the previous month, beating the performance of the Oils-Energy sector with its gain of 4.15%, and the S&P 500's loss of 0.63%.
The upcoming earnings release of Phillips 66 will be of great interest to investors. The company's earnings report is expected on August 5, 2026. The company is forecasted to report an EPS of $7.68, showcasing a 222.69% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $36.17 billion, reflecting a 7.91% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $19.84 per share and a revenue of $146.24 billion, signifying shifts of +208.07% and +7.09%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Phillips 66. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 4.69% higher within the past month. At present, Phillips 66 boasts a Zacks Rank of #3 (Hold).
Looking at valuation, Phillips 66 is presently trading at a Forward P/E ratio of 10.53. This denotes a premium relative to the industry average Forward P/E of 9.61.
Meanwhile, PSX's PEG ratio is currently 0.27. 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. Oil and Gas - Refining and Marketing stocks are, on average, holding a PEG ratio of 0.38 based on yesterday's closing prices.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 40, which puts it in the top 17% 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
In the latest trading session, Caterpillar (CAT - Free Report) closed at $889.97, marking a +2.97% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.89%. Elsewhere, the Dow saw an upswing of 0.74%, while the tech-heavy Nasdaq appreciated by 1.29%.
Coming into today, shares of the construction equipment company had lost 15.45% in the past month. In that same time, the Industrial Products sector lost 5.7%, while the S&P 500 lost 0.63%.
Analysts and investors alike will be keeping a close eye on the performance of Caterpillar in its upcoming earnings disclosure. The company is forecasted to report an EPS of $6.25, showcasing a 32.42% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $19.31 billion, indicating a 16.56% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $24.87 per share and a revenue of $77.17 billion, signifying shifts of +30.48% and +14.18%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Caterpillar. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. Over the past month, there's been a 0.91% rise in the Zacks Consensus EPS estimate. Right now, Caterpillar possesses a Zacks Rank of #2 (Buy).
From a valuation perspective, Caterpillar is currently exchanging hands at a Forward P/E ratio of 34.76. For comparison, its industry has an average Forward P/E of 15.02, which means Caterpillar is trading at a premium to the group.
Meanwhile, CAT's PEG ratio is currently 1.69. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Manufacturing - Construction and Mining industry had an average PEG ratio of 1.52 as trading concluded yesterday.
The Manufacturing - Construction and Mining industry is part of the Industrial Products sector. At present, this industry carries a Zacks Industry Rank of 100, placing it within the top 41% of over 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
TLDR: Binance Bitcoin reserves fell to around 650K BTC, nearing a multi-month low point. Reserves declined even as Bitcoin price rose 1.58% in 24 hours, reaching $66,185. Falling reserves suggest investors favor long-term storage over active exchange trading. ETFs and institutional custody growth continue pulling Bitcoin away from exchange wallets. Binance Bitcoin reserves continue to decline, falling to around 650,000 BTC in recent weeks. This marks one of the lowest levels recorded in recent months.
The drop comes as Bitcoin trades at $66,185, up 1.58% over 24 hours and 2.75% for the week. CryptoQuant data shows the trend raises questions about what it means for the broader market.
What Declining Reserves Reveal About Investor Behavior Exchange reserves track the total Bitcoin held on a trading platform at any point. When Binance Bitcoin reserves fall, it often signals that holders are moving coins elsewhere.
Many choose long-term storage over keeping assets ready for quick trades. This shift changes how much Bitcoin sits available for immediate selling.
Source: Cryptoquant
The current decline has taken place while Bitcoin recovers from a recent correction. Prices have climbed even as reserves on Binance keep shrinking.
This pairing suggests withdrawals are not tied to fear or short-term exits. Instead, it points to holders choosing to store coins during a period of price strength.
Binance remains the largest cryptocurrency exchange by trading volume worldwide. Its reserve patterns often mirror sentiment across the broader crypto market.
A steady decline rarely comes from one trader or a small group acting alone. Analysts treat this data as a wider signal of market direction.
Cryptoquant analyst summarized the sentiment online: “Reserves dropping while price climbs tells you where conviction lies.” Posts like this have circulated widely as the trend continues to draw attention from market watchers.
Market Implications as Reserves Keep Falling Persistent declines in Binance Bitcoin reserves generally reduce coins available for quick sale. Lower reserves can tighten supply if buying demand holds steady or grows. This is not treated as a direct signal to buy. Still, it removes one possible source of future selling pressure.
Spot Bitcoin ETFs have expanded steadily, drawing coins away from exchange wallets. Institutional custody options have grown alongside this trend as well.
Both developments give large holders more paths to store Bitcoin off exchanges. Binance Bitcoin reserves have moved lower as these options gain wider adoption.
Bitcoin’s price has stayed resilient throughout this period of reserve decline. Coins continue leaving Binance while the market holds firm overall.
This combination may show accumulation slowly absorbing available supply. If demand keeps rising as reserves fall, liquidity could tighten further across trading platforms.
Reserve data works best alongside other market indicators for full context. ETF flows, stablecoin liquidity, and derivatives positioning all shape the picture.
Binance Bitcoin reserves remain a key figure for tracking investor conviction. As this trend continues, it stands as one signal worth watching closely in the months ahead.
The preliminary offline placement results for Changxin Technology show that a total of 2,459 products under 113 private equity firms secured offline placements in the company, with a total of 161 million shares allocated, amounting to 1.436 billion yuan. The announcement notes that offline institutional investors are divided into Category A (public funds, social security funds, pension funds, enterprise annuities, bank wealth management products, insurance companies, QFIIs) and Category B (private equity firms, broker-dealer proprietary trading, trusts, financial companies, etc.). Category A investors, dominated by public funds, received 1.978 billion shares, accounting for 91% of the total offline issuance; while Category B investors, led by private equity firms, secured 196 million shares, making up only 9% of the total offline issuance. Among the private equity placement list, the top ten by number of placement objects are all leading quantitative private equity firms. Shanghai Yanfu has a total of 282 placement objects allocated, ranking first among private equity firms; Century Front, Jiukun Investment, Shanghai Chengqi, and Huanfang Quant have 209, 194, 167, and 153 placement objects respectively; Lingjun Investment, Shanghai Jinde, and Minghong Investment also have over 100 allocated products each, at 107, 105, and 100 respectively. Notably, Liang Wenfeng, founder of DeepSeek and a prominent private equity figure, took the largest share among private equity placements. Public information shows that the actual controllers of two leading 100-billion-yuan private equity firms, Ningbo Huanfang Quant and Zhejiang Jiuzhang Asset Management, are both Liang Wenfeng. This means that through his two private equity firms, Liang Wenfeng has a total of 194 private equity products allocated, with a total of 20.2497 million shares secured, amounting to approximately 175 million yuan. (The Paper)
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Trump announces 100% tariffs on generic drugs will be imposed two years from now.
US President Trump announced in a post that starting August 1, 2026, all generic drugs imported to the United States will remain subject to zero tariffs for the next two years. After the two-year period, a 100% tariff will be imposed on the relevant products for one year; thereafter, the tariff will be further increased to 200%. Trump stated that the policy is designed to drive the reshoring of generic drug manufacturing to the U.S. Companies that fail to build production facilities and related equipment in the U.S. within the specified timeframe will face tariff penalties. The current policies for patented drugs, branded drugs, and innovative drugs will remain unchanged as they have achieved good results. In an announcement released by the White House on April 2, U.S. President Trump signed a document under Section 232 of the 1962 Trade Expansion Act, imposing a 100% tariff on imported patented drugs and pharmaceutical ingredients. The measure also provides paths for tariff exemptions or reductions, aiming to force pharmaceutical companies to reach agreements with the White House on issues such as drug prices and industry reshoring.
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The Nasdaq 100 index extended its gain to 2%.
According to market data from BIT (bit.com), the Nasdaq 100 Index’s gain widened to 2%, hitting a new daily high. Its constituent stocks posted the following increases: Nebius rose 16.1%, SanDisk gained 13.2%, Teradyne climbed 13.1%, Micron advanced 13%, Western Digital increased 12.8%, Seagate Technology rose 11.5%, while Lumentum and CoreWeave each gained 9.3%.
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US Secret Service conducts special operation against cyber fraud, seizes over $25 million in cryptocurrency assets.
According to official announcements, the U.S. Attorney’s Office for the District of Columbia and the U.S. Secret Service Washington Field Office jointly announced today that multiple investigations conducted by their joint cyber fraud task force have seized over $25 million in cryptocurrency assets. The assets are linked to an international fraud network targeting residents of the U.S. and Canada, and are part of the more than $800 million in illicit assets cumulatively recovered by the U.S. Department of Justice’s Fraud Center Strike Force, which was established in 2025.
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A whale transferred 16 million ENA to Binance, valued at approximately $1.37 million.
According to monitoring by Onchain Lens, a whale address withdrew 16 million ENA tokens (valued at approximately $1.37 million) from a Gnosis multi-sig wallet, then transferred the tokens to Binance, likely preparing to sell.
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SpaceX’s massive lock-up period is approaching, with over $100 billion worth of its stock set to become tradable.
According to Bloomberg, SpaceX has kicked off one of the largest stock lock-up expirations in capital market history, with up to $116 billion worth of shares becoming eligible for sale for the first time next month. The restriction barring insiders from selling up to 911.5 million shares will expire on August 6, two days after the rocket, satellite and artificial intelligence firm releases its first quarterly earnings report. This is just the start; billions of shares will become tradable by the end of this year.
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Analyst: European Central Bank expected to hold interest rates steady this week and maintain a hawkish bias.
Nuveen global investment strategist Laura Cooper said in a report that following June’s interest rate hike, the European Central Bank (ECB) will likely hold interest rates steady at this week’s meeting while maintaining a hawkish stance. Cooper noted that if renewed tensions drive energy prices higher, the ECB will remain open to further policy tightening. She added that inflation is milder than feared, the Purchasing Managers’ Index (PMI) pricing subindex shows almost no signs of reaccelerating, and producer price data confirms upstream cost pressures are easing. “These factors provide a reason for holding steady this month,” she said. The complication is that commodity supplies are being disrupted again, which could reignite energy price pressures just as the ECB gains confidence in its inflation decline path.
Innovative Industrial Properties (IIPR - Free Report) closed the most recent trading day at $63.26, moving -1.69% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.89% for the day. Elsewhere, the Dow saw an upswing of 0.74%, while the tech-heavy Nasdaq appreciated by 1.29%.
The company's stock has climbed by 8.5% in the past month, exceeding the Finance sector's gain of 1.82% and the S&P 500's loss of 0.63%.
Market participants will be closely following the financial results of Innovative Industrial Properties in its upcoming release. The company plans to announce its earnings on August 3, 2026. The company is predicted to post an EPS of $1.85, indicating a 8.19% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $66.67 million, showing a 6.01% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $7.47 per share and a revenue of $269.85 million, representing changes of +3.18% and +1.46%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Innovative Industrial Properties. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. Over the past month, there's been no change in the Zacks Consensus EPS estimate. As of now, Innovative Industrial Properties holds a Zacks Rank of #3 (Hold).
Investors should also note Innovative Industrial Properties's current valuation metrics, including its Forward P/E ratio of 8.61. This expresses a discount compared to the average Forward P/E of 13.87 of its industry.
The REIT and Equity Trust - Other industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 64, positioning it in the top 27% 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Total GPC Sales: $6.5 billion, up approximately 6% from the second quarter of 2025.Adjusted Gross Margin: Expanded by 20 basis points.Adjusted Earnings Per Sha
Baidu Inc. (BIDU - Free Report) ended the recent trading session at $108.22, demonstrating a -1.45% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.89%. Elsewhere, the Dow gained 0.74%, while the tech-heavy Nasdaq added 1.29%.
Coming into today, shares of the web search company had lost 1.73% in the past month. In that same time, the Computer and Technology sector lost 6.6%, while the S&P 500 lost 0.63%.
The investment community will be closely monitoring the performance of Baidu Inc. in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $1.51, reflecting a 20.53% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $4.65 billion, reflecting a 1.86% rise from the equivalent quarter last year.
BIDU's full-year Zacks Consensus Estimates are calling for earnings of $6.82 per share and revenue of $19.73 billion. These results would represent year-over-year changes of -10.73% and +8.98%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Baidu Inc. 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 reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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.
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. Over the last 30 days, the Zacks Consensus EPS estimate has moved 21.18% lower. Currently, Baidu Inc. is carrying a Zacks Rank of #5 (Strong Sell).
Valuation is also important, so investors should note that Baidu Inc. has a Forward P/E ratio of 16.11 right now. Its industry sports an average Forward P/E of 17.28, so one might conclude that Baidu Inc. is trading at a discount comparatively.
Also, we should mention that BIDU has a PEG ratio of 1.87. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. BIDU's industry had an average PEG ratio of 1.87 as of yesterday's close.
The Internet - Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 100, putting it in the top 41% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
ORCL daily chart shows key dynamic resistance near the 10-day and 20-day moving averages. Source: TradingView Could a Capitulation Low Attract Buyers? If the bearish correction extends below the April 2025 low of $118.86, it could move toward a long-term uptrend line that is a little lower. If reached today it would be near $114.82. That would produce an undercut of the April 2025 swing low, flushing out stops on long positions and possibly creating an opening to attract buyers.
Such a move could create a potential capitulation low, particularly if price quickly recovers back above the $118.86 support level. Since there is the potential for a decline to the trendline and therefore an undercut of a key support level, that could create the environment to attract buyers. However, this scenario is not needed for a rally to unfold before a new corrective low is established.
Successive Resistance Levels Hold the Key Initial upside resistance is near the falling 10-day moving average at $131.64. If that near-term dynamic resistance zone can be reclaimed, then ORCL may trigger a minor bullish reversal of structure before the lower swing high of $133.90. That level is closely followed by potential resistance near the 20-day moving average, now near $140.13 and falling.
A daily close above that average is needed to signal that an upside recovery may continue. However, a bullish reversal signal above the lower swing high of $149.07 will provide a more definitive bullish reversal for the declining structure. Therefore, while the successful test of long-term support near $118.86 offers an early reason for bulls to remain alert, ORCL still needs to reclaim successive resistance levels to confirm that a more durable recovery is underway.
Take-Two Interactive (TTWO - Free Report) closed at $235.93 in the latest trading session, marking a -1.28% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.89%. Meanwhile, the Dow experienced a rise of 0.74%, and the technology-dominated Nasdaq saw an increase of 1.29%.
The publisher of "Grand Theft Auto" and other video games's shares have seen a decrease of 0.25% over the last month, surpassing the Consumer Discretionary sector's loss of 2.14% and the S&P 500's loss of 0.63%.
The investment community will be paying close attention to the earnings performance of Take-Two Interactive in its upcoming release. The company is slated to reveal its earnings on August 7, 2026. The company's earnings per share (EPS) are projected to be $0.31, reflecting a 49.18% decrease from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.35 billion, indicating a 4.81% decrease compared to the same quarter of the previous year.
TTWO's full-year Zacks Consensus Estimates are calling for earnings of $6.77 per share and revenue of $8.51 billion. These results would represent year-over-year changes of +65.12% and +26.56%, respectively.
Investors might also notice recent changes to analyst estimates for Take-Two Interactive. 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.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 3.05% increase. As of now, Take-Two Interactive holds a Zacks Rank of #3 (Hold).
Digging into valuation, Take-Two Interactive currently has a Forward P/E ratio of 35.3. This denotes a premium relative to the industry average Forward P/E of 19.14.
We can additionally observe that TTWO currently boasts a PEG ratio of 3.53. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Gaming stocks are, on average, holding a PEG ratio of 1.23 based on yesterday's closing prices.
The Gaming industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 182, finds itself in the bottom 27% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Hyliion Holdings Corp. (NYSE American: HYLN) resulting from allegations that Hyliion may have issued materially misleading business information to the investing public.
So What: If you purchased Hyliion securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/hyliion-holdings-corp/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
What is this about: On June 23, 2026, Investing.com published an article entitled "Hyliion stock tumbles on short seller report questioning VFG deal". The article stated that Hyliion shares fell "following the release of a short report by Pelican Way Research questioning the legitimacy of a key customer agreement that had previously sent the stock surging approximately 150%."
On this news, Hyliion stock fell 17.2% on June 23, 2026.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
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The Rosen Law Firm, P.A.
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AbbVie (ABBV - Free Report) closed at $256.18 in the latest trading session, marking a +1.11% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.89%. Elsewhere, the Dow gained 0.74%, while the tech-heavy Nasdaq added 1.29%.
Shares of the drugmaker witnessed a gain of 10.16% over the previous month, beating the performance of the Medical sector with its gain of 4.77%, and the S&P 500's loss of 0.63%.
The investment community will be paying close attention to the earnings performance of AbbVie in its upcoming release. The company is slated to reveal its earnings on July 31, 2026. The company is predicted to post an EPS of $3.66, indicating a 23.23% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $16.81 billion, indicating a 8.99% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $14.18 per share and a revenue of $67.32 billion, representing changes of +41.8% and +10.07%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for AbbVie. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.86% downward. At present, AbbVie boasts a Zacks Rank of #3 (Hold).
Investors should also note AbbVie's current valuation metrics, including its Forward P/E ratio of 17.87. For comparison, its industry has an average Forward P/E of 16.3, which means AbbVie is trading at a premium to the group.
It is also worth noting that ABBV currently has a PEG ratio of 0.84. 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. Large Cap Pharmaceuticals stocks are, on average, holding a PEG ratio of 2.58 based on yesterday's closing prices.
The Large Cap Pharmaceuticals industry is part of the Medical sector. With its current Zacks Industry Rank of 230, this industry ranks in the bottom 7% of all industries, numbering over 250.
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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
In the latest trading session, Dollar General (DG - Free Report) closed at $123.20, marking a -1.24% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.89%. Elsewhere, the Dow gained 0.74%, while the tech-heavy Nasdaq added 1.29%.
Coming into today, shares of the discount retailer had gained 10.93% in the past month. In that same time, the Retail-Wholesale sector gained 1.33%, while the S&P 500 lost 0.63%.
The investment community will be closely monitoring the performance of Dollar General in its forthcoming earnings report. In that report, analysts expect Dollar General to post earnings of $2 per share. This would mark year-over-year growth of 7.53%. Meanwhile, the latest consensus estimate predicts the revenue to be $11.17 billion, indicating a 4.17% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $7.37 per share and revenue of $44.4 billion. These totals would mark changes of +7.59% and +3.92%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Dollar General. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.02% decrease. Right now, Dollar General possesses a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Dollar General has a Forward P/E ratio of 16.94 right now. This denotes a discount relative to the industry average Forward P/E of 30.08.
One should further note that DG currently holds a PEG ratio of 1.9. 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. The Retail - Discount Stores industry currently had an average PEG ratio of 2.65 as of yesterday's close.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 21, finds itself in the top 9% 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
In the latest trading session, StoneCo Ltd. (STNE - Free Report) closed at $11.26, marking a +1.21% move from the previous day. This move outpaced the S&P 500's daily gain of 0.89%. Elsewhere, the Dow gained 0.74%, while the tech-heavy Nasdaq added 1.29%.
The company's shares have seen an increase of 3.54% over the last month, surpassing the Computer and Technology sector's loss of 6.6% and the S&P 500's loss of 0.63%.
The investment community will be paying close attention to the earnings performance of StoneCo Ltd. in its upcoming release. The company is slated to reveal its earnings on August 13, 2026. In that report, analysts expect StoneCo Ltd. to post earnings of $0.46 per share. This would mark year-over-year growth of 17.95%. Simultaneously, our latest consensus estimate expects the revenue to be $731.18 million, showing a 8.8% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.27 per share and a revenue of $2.91 billion, signifying shifts of +40.12% and +10.25%, respectively, from the last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for StoneCo Ltd. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending 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.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.73% decrease. StoneCo Ltd. currently has a Zacks Rank of #4 (Sell).
Looking at its valuation, StoneCo Ltd. is holding a Forward P/E ratio of 4.9. This expresses a discount compared to the average Forward P/E of 19.97 of its industry.
We can additionally observe that STNE currently boasts a PEG ratio of 0.33. 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. As of the close of trade yesterday, the Internet - Software industry held an average PEG ratio of 1.1.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 85, putting it in the top 35% 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Ethereum’s blockchain has registered an exceptional surge in large transactions, as Wrapped Ethereum (WETH) recorded 113,000 whale transfers exceeding $100,000 within the past week. This figure marks the most active whale movement since May 2021 and suggests substantial capital flows across Ethereum’s trading venues, lending markets, and decentralized finance protocols.
Institutional demand on the riseSeveral demand-side factors have contributed to this spike in on-chain activity. U.S. spot Ether exchange-traded funds have seen an uptick in inflows, while BlackRock’s ETH investment products continue to capture new capital from institutional investors. Market participants are interpreting these developments as potential triggers for further network and price growth.
Robinhood Chain’s adoption of ETH as a gas fee currency has also increased the utility of Ethereum in the decentralized exchange landscape, making ETH an even more integral asset for transaction fees and liquidity provision.
In a reflection of this momentum, Bitmine reportedly strengthened its Ethereum reserves to around 5.8 million ETH, signaling a move to position itself ahead of anticipated institutional demand. This action is viewed as part of a broader trend among corporate treasuries leveraging Ethereum’s ecosystem for capital allocation.
Strategic moves and robust network activityAdditional investments from players such as SharpLink and Ethlabs, the latter backed by Joe Lubin, further reinforce expectations of institutional interest within the Ethereum space. These entities see an opportunity in the convergence of ETF adoption, growing Layer 2 development, and increasing corporate engagement.
With numerous technical indicators and capital inflows in play, analysts warn that a sustained upward price movement is not necessarily assured. However, the recent upsurge in high-value transactions highlights a network environment ripe for strategic moves from both retail and institutional users.
The convergence of ETF adoption, Layer 2 expansion, and growing institutional allocations presents a critical point for Ethereum, making its network activity and whale behavior important signals to monitor for market shifts.
Extreme fear underscores current market sentimentDespite the significant on-chain action, market sentiment remains cautious, with indicators currently reading Extreme Fear. This situation amplifies the potential influence of whale activity on price volatility and trader psychology.
At the time of writing, Ethereum trades at approximately $1,932, reflecting a market dynamic shaped by both new institutional accumulation and prevailing uncertainty in sentiment. The balance between these factors could drive further volatility in the days ahead.
In light of heightened transaction volumes and shifting market signals, tools providing real-time analytics and alerts are becoming increasingly essential for active participants trying to stay informed amid rapid market changes. CryptoAppsy, which requires no account creation hassle, combines your crypto investments with real-time prices, detailed charts, and multi-currency portfolio management on a single screen. With this all-in-one financial assistant, you can instantly seize opportunities by setting up smart price alerts, filter news specific to your coins, discover newly listed altcoins without missing them, and always stay one step ahead of the market with critical macroeconomic data such as Fed interest rates.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
PDD Holdings Inc. Sponsored ADR (PDD - Free Report) closed the most recent trading day at $84.83, moving -1.42% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.89% for the day. Meanwhile, the Dow gained 0.74%, and the Nasdaq, a tech-heavy index, added 1.29%.
Prior to today's trading, shares of the company had gained 10.16% outpaced the Retail-Wholesale sector's gain of 1.33% and the S&P 500's loss of 0.63%.
The upcoming earnings release of PDD Holdings Inc. Sponsored ADR will be of great interest to investors. The company is predicted to post an EPS of $2.85, indicating a 7.47% decline compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $17.13 billion, up 18.04% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $10.37 per share and revenue of $70.74 billion, which would represent changes of +0.1% and +16.67%, respectively, from the prior year.
Any recent changes to analyst estimates for PDD Holdings Inc. Sponsored ADR should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. PDD Holdings Inc. Sponsored ADR is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that PDD Holdings Inc. Sponsored ADR has a Forward P/E ratio of 8.3 right now. This indicates a discount in contrast to its industry's Forward P/E of 17.17.
Meanwhile, PDD's PEG ratio is currently 0.66. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Internet - Commerce stocks are, on average, holding a PEG ratio of 1.13 based on yesterday's closing prices.
The Internet - Commerce industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 166, positioning it in the bottom 33% 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.
To follow PDD in the coming trading sessions, be sure to utilize Zacks.com.
Micron Technology (MU +12.26%) stock has shed close to 29% of its value over the past month, but it has nothing to do with fundamentals. The tailwinds of the memory cycle remain intact, and each day further proves that AI demand is rising. The current dip presents a compelling buying opportunity that may not be around much longer.
Image source: Getty Images.
The Kimi AI news validates the AI thesis Moonshot AI's large language model product Kimi AI recently shared an X post that enhanced Micron's bullish thesis. The Chinese company explained that it can no longer take on new customers for its open source LLM because it has run out of available compute. This decision was made to "protect the experience of existing subscribers."
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Kimi is a chatbot with a similar setup to OpenAI's ChatGPT, where you can enter prompts or have AI agents perform tasks. Each of those prompts and AI agents requires compute from GPUs, and the GPUs need memory chips to remember everything and function more efficiently.
Kimi AI's news demonstrates parabolic demand for its services, which can only be met by buying more memory chips. This event isn't limited to Kimi AI. Other companies have more GPUs or are taking extra precautions to ensure they do not run out of compute. If other businesses don't want to turn away customers amid soaring demand, they will have to buy more Micron chips.
The valuation is a lot cheaper Much has been made about Micron's low forward P/E ratio. However, the recent share price drop makes the current valuation look even more absurd. Micron trades at a forward P/E of only 5.5. Micron traded at a forward P/E of about 15 near the end of 2025.
The valuation alone leaves more room for upside, but Micron's tremendous financial growth shows that the forward P/E ratio can drop considerably even if the stock goes on another big rally. Revenue more than quadrupled year over year, and new profit margins almost touched 70% in the most recent quarter.
The continuation of high sequential growth shows that these results are the norm, rather than an anomaly. Micron has the qualities of a value stock and a growth stock wrapped into one.
Broader AI fears and a margin unwind are the two most likely factors behind the recent correction. It's not just Micron. Most AI stocks have been unpleasant to hold over the past few weeks, but once fundamentals prevail over current sentiment, Micron stock should be due for another rally.
Marc Guberti has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Micron Technology. The Motley Fool has a disclosure policy.
