D.A. Davidson Head of Technology Research Gil Luria recently appeared on CNBC to flag what he calls a contradictory set of AI-cycle assumptions baked into chip and software valuations. His call was that if AI infrastructure spending continues to compound through the end of the decade, Micron Technology (NASDAQ:MU | MU Price Prediction) could be worth roughly four times its current price. However, if the AI cycle peaks sooner instead, many of today’s richly valued CPU stocks could lose a significant portion of their value.
What Gil Luria Still Sees in Micron After an 800% Run Luria argues that memory and GPU names like Micron and Nvidia are being valued “as if the cycle is peaking now,” while CPU-leveraged names such as Intel and AI-silicon challenger Cerebras are priced as if the buildout runs another five years. By his numbers, Micron is changing hands at “8 or 9 times or lower” while CPU stocks sit at “40-50 times and higher.” Luria says memory is more critical to AI workloads and faces less competition than CPUs, so the spread “doesn’t make any sense.”
Micron reported fiscal Q3 2026 revenue of $41.456 billion, beating consensus by 17.60%, with non-GAAP EPS of $25.11 and a GAAP gross margin of 84.6%. Cloud Memory revenue alone hit $13.769 billion. CEO Sanjay Mehrotra said the results “reflect the strategic value of memory in the AI era” and pointed to newly signed multi-year Strategic Customer Agreements designed to “significantly enhance the durability and predictability” of revenue. Management guided fiscal Q4 revenue to $50.0 billion ± $1.0 billion and non-GAAP EPS of $31.00 ± $1.00.
Micron is up 296.92% year to date and 800.86% over the past year, with a forward P/E of 7. Luria frames a potential 4x for Micron as a scenario contingent on AI spending continuing through 2030.
Why the Market Could Be Overlooking Microsoft Luria’s second call concerns Microsoft (NASDAQ:MSFT). He says Microsoft has “50% more AI compute backlog than Google” and is selling significant AI infrastructure software, yet is “getting punished for the same capex as Google.” Luria believes the company is selling data center capacity at a meaningful markup and locking in multi-year returns, so the capex is going in at attractive economics.
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Microsoft is down 22.54% year to date and 24.42% over the past year, with an 18.14% one-month decline, which Luria characterized as its worst month in a couple of decades. He notes Google traded at 18x a year ago and Microsoft at 30x, a relationship that has since inverted.
Microsoft’s most recent quarter showed Azure growth of 40% year over year, an annual run rate for its AI business of $37 billion (up 123%), and commercial remaining performance obligations of $627 billion. Capex hit $30.88 billion in the quarter, the spending that flows directly into Micron’s HBM and data center memory order books. Microsoft now trades at a forward P/E of 19.
What To Watch Luria’s framework centers on finding valuation disconnects, where the market is pricing a near-term AI peak for one company but years of continued growth for another. For Micron, the key question is whether its multi-year Strategic Customer Agreements and HBM4 ramp can sustain pricing power into 2027, when HBM4E is expected to enter volume production. For Microsoft, investors will be watching to see whether AI revenue growth catches up with the heavy capital spending that has weighed on sentiment. More than any single valuation multiple, Luria’s thesis depends on which AI growth scenario ultimately plays out.
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CNBC’s Deirdre Bosa explained a counterintuitive thesis on the AI cold war in a recent CNBC segment. Paradoxically, she argued that U.S. efforts to wall off access to the most advanced American AI models could unintentionally accelerate China’s rise in AI. The concern is that policies designed to protect America’s lead may instead encourage developers around the world to build on Chinese open-source models.
How U.S. Restrictions Could Backfire “America is slowing just as China is speeding up,” Bosa argues, with Chinese labs now pushing toward the capability frontier itself, beyond cost-based competition. According to the segment, limiting customer access to OpenAI’s and Anthropic’s most powerful models has given Chinese labs an opening, and developers have responded. Bosa notes that a number of U.S. companies, including Coinbase (NASDAQ:COIN | COIN Price Prediction), Airbnb (NASDAQ:ABNB), and Shopify (NASDAQ:SHOP), have shifted at least some workloads to open-source Chinese models.
She also points to capability parity in sensitive domains. Chinese labs have matched U.S. capabilities in areas like cybersecurity, with Bosa referencing a bug-finding tool from Chinese company 360 Security as comparable to leading U.S. equivalents. If accurate, that closes a gap many U.S. policymakers assumed export controls would keep open.
Why Open Source Could Decide the AI Race The systemic risk Bosa describes is that if Chinese open-source models become the default foundation the way Android became the default mobile operating system, China could gain influence over the standards, defaults, and rules of the next AI stack, as well as end users. Then, these models have the potential to build switching costs as developers fine-tune the model family.
Bosa notes that China treats open-source AI dominance as a strategic national ambition, while U.S. frontier labs like OpenAI and Anthropic depend on charging for API access and usage. Open source is hard to monetize, which is precisely why state-backed strategies can sustain it longer than venture-funded ones can.
How the U.S. Is Responding Bosa mentions NVIDIA (NASDAQ:NVDA) and Reflection AI pursuing open-source strategies to counter Chinese models, an acknowledgment that at least parts of the U.S. ecosystem are responding to the same dynamic she describes.
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That response is happening against a hardening export-control backdrop. NVIDIA’s AI chip sales in China are struggling under U.S. export controls and China’s push for self-sufficiency, with local chipmakers including Huawei taking market share, and Chinese companies are actively collaborating with Huawei to adapt AI models to domestic hardware.
Taiwanese authorities have raided Super Micro (NASDAQ:SMCI) offices in an expanding probe over alleged smuggling of Nvidia chips to China, signaling that enforcement is intensifying alongside rule-making. Analysts at The National Interest have argued that export controls are dividing the global compute ecosystem into rival blocs, with Taiwan’s alignment behind U.S. restrictions a pivotal moment.
On the demand side, U.S. policy is leaning in hard. The Department of War’s FY 2027 budget request earmarks $58.5 billion for AI and Combined Joint All-Domain Command and Control, including $46.0 billion in a multi-year mandatory investment in a sovereign AI Arsenal, framed around the directive that “it is the policy of the United States to sustain and enhance America’s global AI dominance.”
The Policy Dilemma Bosa frames her takeaway as a genuine dilemma. Tight controls protect near-term national security interests related to weapons-relevant compute and sensitive model capabilities. The same controls may push global developers toward Chinese open-source alternatives that the U.S. cannot influence once entrenched. Investors watching the AI supply chain, from foundries to model providers to the application layer, should treat the open-source standards battle as a parallel front to the chip war, with a longer time horizon and arguably higher stakes for who writes the rules of the next platform.
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Shares of Iridium Communications (IRDM +25.44%) surged on Monday after the satellite-based network operator agreed to be acquired by Rocket Lab (RKLB +16.23%).
Image source: Getty Images.
A formidable new force in the rapidly expanding space economy Under the terms of the deal, Rocket Lab would purchase Iridium for $54 per share in cash and stock. That represents a 24% premium over Iridium's closing price on Friday and values the space stock at roughly $8 billion.
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The combination would marry Rocket Lab's satellite manufacturing and launch expertise with Iridium's proven communications network and valuable spectrum assets.
"Iridium has built the gold standard in secure, safety-critical global satellite connectivity," Rocket Lab CEO Peter Beck said in a press release. "It is relied upon by maritime fleets, the aviation industry, governments, and heavy industrial organizations who operate in the most remote off-the-grid locations."
The combined company would be able to design, build, launch, and operate its own satellite constellations. This vertical integration strategy should help to reduce costs and bolster profitability.
The deal is projected to close in mid-2027, subject to shareholder and regulatory approval.
Industry consolidation might accelerate Acquiring Iridium would place Rocket Lab in more direct competition with Space Exploration Technologies Corporation's popular Starlink satellite communications service.
SpaceX's blockbuster initial public offering (IPO) provided it with over $85 billion to fund its audacious growth initiatives. That's a lot of financial firepower to contend with.
Mergers and acquisitions could give smaller satellite and rocket companies a better chance at competing with the space titan.
Rocket Lab's acquisition of Iridium follows Amazon's purchase of Globalstar in April.
Investors can expect more deals to occur in the space industry in the months and years ahead.
Joe Tenebruso has positions in Amazon. The Motley Fool has positions in and recommends Amazon and Rocket Lab. The Motley Fool has a disclosure policy.
I am a huge fan of SpaceX (SPCX +7.18%) as a business. The company has an incredible track record of lowering the cost of launching payloads into space. And SpaceX's biggest growth initiatives -- which include everything from launching data centers into space to establishing a human colony on the moon -- are nothing less than jaw-dropping.
But with SpaceX's market cap of $2 trillion, I'm just not sure how much long-term upside there is to the stock at this point. If you're looking for exciting growth investments with huge long-term potential, the two stocks below may be better options.
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1. Rivian Rivian (RIVN +7.84%) remains one of my top growth stocks for 2026. The company trades at a deep discount to other EV stocks such as Tesla (TSLA +8.49%). Yet this year, it is scaling its first affordable vehicle -- its R2 SUV with a starting price under $50,000 -- and is heavily invested in AI and autonomous driving. The latter should help it target the robotaxi market, which some experts believe will be a $10 trillion opportunity. Rivian's market cap hovers around $20 billion despite promising growth potential.
Image source: Getty Images.
2. NuScale Power NuScale Power (SMR +1.63%) has a market cap of just $3.7 billion. But it's also chasing an opportunity that experts value at $10 trillion long term: nuclear energy.
Rapid adoption of AI technologies is fueling a surge in data center construction. Data centers, however, are energy intensive, requiring massive amounts of additional energy generation capacity to come online. NuScale's small modular (nuclear) reactors (SMRs) are positioned as a promising solution.
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The execution risk is high here, considering the limited real-world adoption of SMRs currently. But NuScale's tiny market cap offers plenty of upside potential.
Ryan Vanzo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends NuScale Power. The Motley Fool has a disclosure policy.
NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Hub Group Inc. (NASDAQ:HUBG) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in Hub Group, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.
Key Details of the HUBG ($HUBG) Class Action:
Lead Plaintiff Deadline: August 28, 2026Alleged Misconduct: Securities fraud relating to Hub Group’s financial results, revenue recognition, accounting of costs, internal controls, and prospects for/drivers of growthLargest Stock Drop: February 6, 2026 – 18% Stock DropCourt: U.S. District Court for the Northern District of IllinoisFiling Law Firm: Bleichmar Fonti & Auld (“BFA Law”)Action: Contact BFA Law to discuss your rights Investors have until August 28, 2026, to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Hub Group securities. The class action is pending in the U.S. District Court for the Northern District of Illinois. It is captioned Lawler v. Hub Group, Inc., No. 1:26-cv-07596.
Why is Hub Group Being Sued for Securities Fraud?
Hub Group is a transportation and logistics freight carrier that provides trucking and related services to operators across the supply chain. Hub Group services a customer base extending across various industries, including retail, consumer products, automotive, and durable goods, and reports to be one of the largest freight transportation providers in North America.
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements concerning the premature and incorrect revenue recognition of certain transactions, the understatement of purchased transportation costs and accounts payable, the effectiveness of internal controls, and the Hub Group’s drivers of financial results and growth.
Why did Hub Group’s Stock Drop?
On February 5, 2026, Hub Group announced that the Company’s financial statements for the first three quarters of 2025 should not be relied upon and would be restated due to “an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025.” Hub Group revealed that its reports for those quarters “were in each case materially misstated due to the aforementioned error and should no longer be relied upon” and that “the Company [wa]s also continuing to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting and appropriate remediation steps.” Hub Group also estimated that “[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million.”
This news caused the price of Hub Group stock to decline roughly 18%, from $51.33 per share at close on February 5, 2026, to $41.96 per share at close on February 6, 2026.
On May 12, 2026, Hub Group announced that it had “identified certain transactions that were prematurely or incorrectly recognized or not adequately supported,” causing its 2023 and 2024 annual reports filed with the SEC to be “materially misstated,” such that they “should no longer be relied upon.” Hub Group did not quantify the expected misstatement, although it “expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023.”
This news caused the price of Hub Group stock to decline a further 13%, from $41.86 per share at close on May 11, 2026, to $36.62 per share at close on May 12, 2026.
Click here for more information: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.
What Can You Do?
If you invested in Hub Group, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
BOSTON, June 29, 2026 (GLOBE NEWSWIRE) -- Block & Leviton announces that a securities fraud lawsuit has been filed against Hub Group, Inc. (NASDAQ: HUBG) and certain of its executives. Investors who have lost money in their Hub Group investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/hubg.
What is this all about?
The complaint alleges that Hub Group, a North American transportation and logistics company, told investors during the class period that its financial reports were accurate and that its internal accounting controls were effective. According to the complaint, the Company had actually been recognizing certain transactions too early or incorrectly and had understated its purchased transportation costs and accounts payable, making its reported revenue, expenses, and operating income materially wrong. The truth began to emerge on February 5, 2026, when Hub Group announced it would restate its financial statements for the first three quarters of 2025 due to a roughly $77 million understatement, and again on May 12, 2026, when it disclosed that its 2023 and 2024 annual reports were also materially misstated and should no longer be relied upon. Following these announcements, Hub Group's stock price fell sharply, dropping about 18% in February 2026 and a further 13% in May 2026.
Who is eligible?
Anyone who purchased Hub Group, Inc. common stock between April 28, 2023, and May 11, 2026, and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.
What should you do next?
The deadline to seek appointment as lead plaintiff is August 28, 2026. A class has not yet been certified, and until a certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at [email protected], or by phone at (888) 256-2510.
Whistleblower?
If you have non-public information about Hub Group, Inc., you should consider assisting in our investigation or working with our attorneys to file a report with the Securities Exchange Commission under their whistleblower program. Whistleblowers who provide original information to the SEC may receive rewards of up to 30% of any successful recovery. For more information, contact Block & Leviton at [email protected] or by phone at (888) 256-2510.
Why should you contact Block & Leviton?
Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, call (888) 256-2510 or email [email protected] with any questions.
This notice may constitute attorney advertising.
CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (888) 256-2510
Email: [email protected]
SAN DIEGO--(BUSINESS WIRE)--Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Hub Group, Inc. (NASDAQ: HUBG) securities between April 28, 2023 and May 11, 2026. Hub Group is a transportation logistics company that provides trucking services across North America.
Robbins LLP is Investigating Allegations that Hub Group, Inc. (HUBG) Made Materially False Statements that Harmed Investors
ShareFor more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations: Robbins LLP is Investigating Allegations that Hub Group, Inc. (HUBG) Made Materially False Statements that Harmed Investors
According to the complaint, during the class period, the Company's financial statements prepared for the periods from Q1 2023 to Q4 2024, including annual reports for 2023 and 2024, contained material misstatements—caused by the premature and incorrect recognition of certain transactions—concerning, inter alia, the Company’s operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth. The complaint further alleges that the Company's financial statements prepared for periods from Q1 2025 to Q3 2025 contained material misstatements—caused by the understatement of purchased transportation costs and accounts payable —concerning, inter alia, the Company’s operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth.
Plaintiff alleges that on February 5, 2026, Hub Group announced “that it will restate its financial statements for the first, second and third quarters of 2025” due to “an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025." The Company estimated that “[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million.” On this news, the price of Hub Group stock declined roughly 18%, from $51.33 per share at close on February 5, 2026, to $41.96 per share at close on February 6, 2026.
Then, on May 12, 2026, Hub Group further announced that it had “identified certain transactions that were prematurely or incorrectly recognized or not adequately supported,” rendering its 2023 and 2024 financial reports to be materially misstated such that they “should no longer be relied upon.” On this news, the price of Hub Group stock declined a further 13%, from $41.86 per share at close on May 11, 2026, to $36.62 per share at close on May 12, 2026.
What Now: You may be eligible to participate in the class action against Hub Group, Inc. Shareholders who wish to serve as lead plaintiff for the class should contact Robbins LLP. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.
To be notified if a class action against Hub Group, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
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San Diego, California--(Newsfile Corp. - June 29, 2026) - Robbins LLP reminds investors that a class action was filed on behalf of all sellers of ChampionX Corporation (NASDAQ: CHX) common stock between February 29, 2024 and April 1, 2024. ChampionX is a global provider of chemistry solutions, artificial lift systems, and highly engineered equipment and technologies for the drilling and production of oil and gas.
For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
What are the allegations? Robbins LLP is Investigating Allegations that ChampionX Corporation (CHX) Repurchased Shares of its Stock in Violation of Securities Laws
According to the complaint, during the class period, defendants repurchased 216,000 shares of ChampionX stock - worth millions of dollars - from unsuspecting investors without disclosing material nonpublic information about Schlumberger Limited's (SLB) offers to purchase ChampionX at a premium to then-current prices. If this information had been disclosed as required, it would have indicated to investors that ChampionX's stock was worth significantly more than its trading price.
Plaintiff alleges that when investors learned the truth that SLB was willing to buy all the Company's outstanding stock for a significant premium above the trading price, ChampionX's stock price climbed sharply, harming investors who sold during the class period.
What can shareholders do now? You may be eligible to participate in the class action against ChampionX Corporation. Shareholders who wish to serve as lead plaintiff for the class must submit their papers with the court by July 14, 2026. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.
To be notified if a class action against ChampionX Corporation settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
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Source: Robbins LLP
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San Diego, California--(Newsfile Corp. - June 29, 2026) - Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Commvault Systems, Inc. (NASDAQ: CVLT) securities between April 29, 2025 and January 26, 2026. Commvault is a data protection company.
For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
What are the allegations? Robbins LLP is Investigating Allegations that Commvault Systems, Inc. (CVLT) Misled Investors Regarding its Annualized Recurring Revenue Growth
According to the complaint, during the class period defendants created the false impression that Commvault's annualized recurring revenue (ARR) growth would remain steady throughout fiscal year 2026. Plaintiff alleges that Commvault knew or recklessly disregarded that the Company's ARR growth guidance failed to properly factor in crucial variables. Such statements absent these material facts caused Plaintiff and other shareholders to purchase Commvault's securities at artificially inflated prices.
Plaintiff alleges that the truth was revealed on January 27, 2026, when Commvault published third quarter 2026 fiscal results, which included ARR growth below the guidance provided by the Company. Commvault reported ARR growth for the third quarter 2026 was $39 million, which fell short of the $45 million projection provided. On this news, the price of Commvault's common stock declined from a closing price of $129.36 per share on January 26, 2026, to $89.13 per share on January 27, 2026, a decline of over 31% in a single day.
What can shareholders do now? You may be eligible to participate in the class action against Commvault Systems, Inc. Shareholders who wish to serve as lead plaintiff for the class must submit their papers with the court by July 17, 2026. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.
To be notified if a class action against Commvault Systems, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
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Source: Robbins LLP
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Comcast’s plan to split from NBCUniversal isn’t expected to draw much in the way of antitrust scrutiny. After all, the companies are essentially de-consolidating.
But after Monday’s news of the move, questions remain as to what the company will face, perhaps not so much for the split but if either of the two new entities is eventually sold.
Comcast co-CEO Brian Roberts said on an investor call today that the plan was “absolutely not” to prime the company for M&A, but to “put each company in the strongest position to create value, fully monetize its assets and aggressively pursue its own organic growth strategies.”
That said, speculation will likely continue, particularly if Paramount completes its acquisition of Warner Bros. Discovery, a $110 billion mega merger that has been expected to lead to other transactions.
Hanging over all of this has been the Trump administration.
While it’s still viewed in corporate circles as much more favorable to mergers than the Biden administration, winning regulatory approval also has come with a cost. The then-Paramount Global settled Trump’s lawsuit against CBS over the way 60 Minutes edited an interview with Kamala Harris, in a move widely seen as smoothing the way for FCC approval of Skydance’s purchase a few weeks later. Skydance also made commitments favored by the administration, including a vow not to pursue diversity, equity and inclusion policies and another to hire a CBS News ombudsman. New Street Research’s Blair Levin dubbed it a “Trump transaction tax.”
Here are some factors to consider on the road ahead for the Comcast-NBCU split:
FCC The FCC. The exact structure of the Comcast split has not been announced, but some analysts say it will not trigger an FCC review.
That is a big deal under any circumstances. The FCC reviews transactions that transfer control of broadcast licenses and, through a process that includes public comment, determines whether they are in the “public interest.” That injects a bit of uncertainty, but there’s some expectation that Comcast could structure the deal in a way that control of NBC’s broadcast stations does not transfer.
Back in 2005, Viacom did a split with CBS that did not undergo an FCC review. The old Viacom was renamed CBS Corp., while cable networks went to “new Viacom.” Of course, the company eventually re-merged in 2019. Still unclear is whether any other licenses Comcast holds, such as those for satellite earth stations and wireless, would be part of an FCC review, albeit those are seen as less of a challenge.
Comcast has been one of Trump’s targets: He has dubbed the company “Concast” as he has railed against news coverage and has attacked Roberts personally. FCC chairman Brendan Carr, appointed by Trump, has launched investigations into the company’s DEI practices and its relationships with its affiliates. He also has not ruled out further orders requiring early renewals of broadcast licenses, as he did with Disney.
Gigi Sohn, counselor to Obama-era FCC chairman Tom Wheeler and senior fellow at the Benton Institute, said that to go through an FCC transfer would be “walking right into it.” “Then you are at Brendan Carr’s mercy,” she said.
DOJ. The split itself is not expected to raise antitrust issues, but there is some question of what happens next, after the transaction is completed. That process is expected to take about a year.
The Department of Justice in D.C. Andrew Harnik/Getty Images John C. Hodulik, analyst for UBS, wrote in a research note Monday that the split “makes it more likely the companies will be involved in M&A in the future (within the boundaries of the tax free status of the spin).”
If there is some kind of future deal, there could be some antitrust issues, more so if NBCU is not the buyer but the entity being sold. Diana Moss, vice president and director of competition policy at the Progressive Policy Institute, wrote via email, “If it is a bigger player, then the question is whether that creates higher concentration in streaming. Who they sell to is more complicated than most would think.”
As for Comcast, she wrote that there may be issues with a combination in an industry that already has seen the proposed merger of Charter with Cox. She wrote, “There is pretty high concentration in cable and digital broadcast satellite multi-video programming distribution. Some past cable mergers have been controversial for that reason.” She wrote that she would expect “political intervention by Trump” and other regulators. “Sad…,” she wrote.
For now, Comcast is dismissing M&A talk, but there also is the matter of timing. If a Democrat is elected to the White House in 2028, the pressure on the new president could be on to take an overall hard line against mergers, creating something of a scramble to get deals through even in a Trump-influenced environment.
Hodulik wrote that the split “has started to fuel conversation around industry M&A and strategic optionality for both businesses going forward.”
He wrote, “This includes potential consolidation in cable distribution, where secular pressures from fiber, fixed wireless and satellite are impacting the core broadband business. In Media, we have seen high profile deals over the past year (FOX/ROKU, PSKY/WBD), leaving NBCU as a smaller scale Media asset. That said, any M&A would likely take time in order to preserve the tax free nature of the spin.”
It’s an era of media consolidation—and decoupling.
On Monday morning, Comcast Corporation announced plans to separate its media and technology businesses into two separate, publicly traded companies, spinning off NBCUniversal and Sky.
The move effectively reverses one of the most transformational—and controversial—business combinations in media history: Comcast’s 2011 merger with NBCUniversal created a cable-TV juggernaut that controlled both content and distribution, giving it an outsize influence over how television was made and sending shockwaves throughout the industry.
However, the landscape has changed dramatically in the years since then, most notably through the rise of streaming, and Comcast has since disentangled its cable-TV properties, spinning most of them off, all while other major players in the media industry have further consolidated.
Most notably, the $81 billion Warner-Paramount mega-merger is still in the works, and more recently, Fox announced its acquisition of Roku for $22 billion.
The NBCUniversal spinoff comes roughly a year after Versant—a media company that now owns and operates MS Now (formerly MSNBC), CNBC, USA Network, and some other properties—was likewise spun off from Comcast.
It’s also perhaps part of a larger strategy on Comcast’s part to shift away from the cable TV business as streaming and cord-cutting have become more or less the norm in many households.
Investors hit the brakes on Copart (CPRT 8.02%) stock in Monday's trading session. On the surprise departure of its CEO, those folks aggressively sold out of their shares in the auto marketplace operator, leaving them with an 8% loss on the day.
The check engine light is on That morning, Copart announced that CEO and member of its board of directors Jeff Liaw is stepping down from both positions, effective July 31. He is to be replaced by the online vehicle marketplace and auction operator's current executive chairman, Jay Adair, who previously served a long stint as its CEO from 2010 to 2024, according to his LinkedIn page.
Image source: Getty Images.
After Liaw's official departure at the end of next month, the outgoing CEO will serve as special advisor to Adair, in order to effect the transition.
In the press release announcing the managerial change, Copart said that Liaw's tenure was marked by the company setting new records for average selling prices, auction liquidity, and transaction values.
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Over-compensating for a curve Given that, it's little wonder that investors reacted negatively to news of Liaw's departure, which was compounded by its unexpected nature. Personally, I wouldn't buy or sell a stock purely on a C-suite transition, although the somewhat unclear nature of this one is certainly cause for concern. Investors should also be comforted by Adair's return, as he'll surely be a steady hand going forward.
Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Copart. The Motley Fool has a disclosure policy.
Generally speaking, the U.S. stock market was frothy as the trading week kicked off. As ever, though, some titles were frothier than others; this certainly applied to Delek US Holdings (DK +7.86%), which saw its equity zoom almost 8% higher on a very bullish analyst change.
An exceptional exemption The prognosticator behind the move was TD Cowen's Jason Gabelman, who upgraded his recommendation on Delek to buy from hold. He also raised his price target to $58 per share from $50.
Image source: Getty Images.
According to reports, Gabelman believes that investors have fully priced in Delek's refining operations. However, they are overlooking the company's small refinery exemptions, which exempt it from producing a certain percentage of renewable fuels (or from purchasing compliance credits in lieu of this requirement).
Additionally, the analyst waxed bullish about Delek's refining dynamics and its shrinking interest expenses. The latter in particular should positively affect the company's bottom line.
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The war premium I'd agree with Gabelman's assessment of Delek's under-the-radar advantage with the small refinery exemptions. I would also be bullish on the oil company's rather advantageous position as the Iran war drags on (although the latest news about potentially settling it is a development to be guarded about). I feel that this change in the recommendation is justified.
Eric Volkman has no position in any of the stocks mentioned. The Motley Fool recommends Delek Us. The Motley Fool has a disclosure policy.
In the latest close session, CRH (CRH - Free Report) was down 3.07% at $108.87. The stock's performance was behind the S&P 500's daily gain of 1.18%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
The stock of building material company has risen by 3.24% in the past month, lagging the Construction sector's gain of 5.87% and overreaching the S&P 500's loss of 2.9%.
The upcoming earnings release of CRH will be of great interest to investors. It is anticipated that the company will report an EPS of $1.96, marking a 1.03% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $10.67 billion, indicating a 4.57% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.92 per share and a revenue of $39.84 billion, signifying shifts of +6.28% and +6.39%, respectively, from the last year.
Any recent changes to analyst estimates for CRH should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming 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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Currently, CRH is carrying a Zacks Rank of #3 (Hold).
With respect to valuation, CRH is currently being traded at a Forward P/E ratio of 18.98. For comparison, its industry has an average Forward P/E of 18.98, which means CRH is trading at no noticeable deviation to the group.
One should further note that CRH currently holds a PEG ratio of 1.95. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Building Products - Miscellaneous industry had an average PEG ratio of 1.66.
The Building Products - Miscellaneous industry is part of the Construction sector. At present, this industry carries a Zacks Industry Rank of 184, placing it within the bottom 25% of over 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.
To follow CRH in the coming trading sessions, be sure to utilize Zacks.com.
For the quarter ended April 2026, AeroVironment (AVAV - Free Report) reported revenue of $641.62 million, up 133.3% over the same period last year. EPS came in at $1.84, compared to $1.61 in the year-ago quarter.
The reported revenue represents a surprise of +13.94% over the Zacks Consensus Estimate of $563.14 million. With the consensus EPS estimate being $1.53, the EPS surprise was +20.1%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how AeroVironment performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Autonomous Systems (AxS): $492.44 million compared to the $391.3 million average estimate based on three analysts.Revenue- Space, Cyber and Directed Energy (SCDE): $149.18 million versus $159.07 million estimated by three analysts on average.Revenue- Contract Services: $142.65 million versus $186.53 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +334.7% change.Revenue- Product Sales: $498.97 million versus the two-analyst average estimate of $378.63 million. The reported number represents a year-over-year change of +106%.Segment Adjusted EBITDA - Autonomous Systems (AxS): $138.65 million versus the two-analyst average estimate of $120.5 million.Gross margin- Contract services: $-9.17 million versus the two-analyst average estimate of $45.22 million.Gross margin- Product sales: $211.79 million compared to the $113.78 million average estimate based on two analysts.Segment Adjusted EBITDA - Space, Cyber and Directed Energy (SCDE): $1.41 million versus the two-analyst average estimate of $-1.11 million.View all Key Company Metrics for AeroVironment here>>>
Shares of AeroVironment have returned -33.4% over the past month versus the Zacks S&P 500 composite's -2.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
New York, New York--(Newsfile Corp. - June 29, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AeroVironment, Inc. (NASDAQ: AVAV) between June 25, 2025 and March 10, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.
SO WHAT: If you purchased AeroVironment 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 AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/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 July 27, 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 litigate 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 false and/or misleading statements and/or failed to disclose that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force's Satellite Communication Augmentation Resources ("SCAR") program and the U.S. Space Force's ongoing efforts to modernize the Satellite Control Network ("SCN"); (2) accordingly, defendants overstated AeroVironment's business and financial prospects; and (3) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303341
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Hasbro (HAS - Free Report) ended the recent trading session at $84.44, demonstrating a -1.04% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 1.18%. Elsewhere, the Dow gained 0.59%, while the tech-heavy Nasdaq added 2.07%.
Coming into today, shares of the toy maker had lost 0.97% in the past month. In that same time, the Consumer Discretionary sector lost 1.1%, while the S&P 500 lost 2.9%.
The investment community will be paying close attention to the earnings performance of Hasbro in its upcoming release. The company's earnings per share (EPS) are projected to be $1.18, reflecting a 9.23% decrease from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $1.05 billion, indicating a 6.82% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.01 per share and a revenue of $4.98 billion, indicating changes of +8.48% and +5.94%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Hasbro. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.84% higher. Hasbro currently has a Zacks Rank of #2 (Buy).
With respect to valuation, Hasbro is currently being traded at a Forward P/E ratio of 14.21. Its industry sports an average Forward P/E of 10.64, so one might conclude that Hasbro is trading at a premium comparatively.
It is also worth noting that HAS currently has a PEG ratio of 2.09. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Toys - Games - Hobbies industry currently had an average PEG ratio of 1.67 as of yesterday's close.
The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 110, which puts it in the top 46% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
San Diego, California--(Newsfile Corp. - June 29, 2026) - Robbins LLP is Investigating Allegations that Graphic Packaging Holding Company (GPK) Misled Investors Regarding its Inventory Management Issues.
On May 7, 2026, a class action was filed on behalf of all investors who purchased or otherwise acquired Graphic Packaging Holding Company (NYSE: GPK) common stock between February 4, 2025 and February 2, 2026. Graphic Packaging, together with its subsidiaries, designs, produces, and sells consumer packaging products.
For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
What are the allegations? According to the complaint, during the class period, defendants failed to disclose that:
Graphic Packaging was experiencing, inter alia, significant inventory management issues, as well as significantly reduced demand and volumes and increased costs;
Defendants downplayed the true scope and severity of the foregoing issues, which were likely to, and did, have a material negative impact on the Company's business and financial results;
Defendants likewise overstated the strength and sustainability of the Company's business model and operations, as well as its ability to weather ongoing macroeconomic headwinds; and
Accordingly, the Company's previously issued FY 2025 financial guidance was unreliable and/or unrealistic.
Plaintiff alleges that on February 3, 2026, Graphic Packaging reported disappointing fourth quarter ("Q4") and FY 2025 financial results. Specifically, Graphic Packaging reported Q4 non-GAAP EPS of $0.29, missing consensus estimates by $0.06, attributable to, inter alia, lower volumes, increased costs, and inventory reduction. The Company also projected a meaningful decline in adjusted EBITDA in 2026, citing "a $130 million negative impact from actions taken to reduce inventory and generate [FCF], an approximately $100 million accrual (non-cash in 2026) for a return to more normal incentive compensation, January weather and production impacts, and other largely offsetting operating items." Finally, Graphic Packing announced that new President and CEO, Robbert Rietbroek, had "initiated a comprehensive review of our organization structure, operations, and footprint," among other aspects of the Company's business, thereby confirming the weakness and unsustainability of its present business model and operations.
On this news, Graphic Packaging's stock price fell $2.36 per share, or 15.97%, to close at $12.42 per share on February 3, 2026.
What can shareholders do now? You may be eligible to participate in the class action against Graphic Packaging Holding Company. Shareholders who wish to serve as lead plaintiff for the class must submit their papers with the court by July 6, 2026. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.
To be notified if a class action against Graphic Packaging Holding Company settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
Attorney Advertising. Past results do not guarantee a similar outcome.
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Source: Robbins LLP
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In the latest trading session, Crescent Energy (CRGY - Free Report) closed at $10.00, marking a -1.19% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.18%. On the other hand, the Dow registered a gain of 0.59%, and the technology-centric Nasdaq increased by 2.07%.
The oil and gas company's shares have seen a decrease of 12.46% over the last month, not keeping up with the Oils-Energy sector's loss of 7.93% and the S&P 500's loss of 2.9%.
Market participants will be closely following the financial results of Crescent Energy in its upcoming release. The company is predicted to post an EPS of $0.62, indicating a 44.19% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $1.24 billion, up 37.92% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.47 per share and revenue of $4.86 billion. These totals would mark changes of +37.22% and +35.87%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Crescent Energy. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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, 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 0.25% higher within the past month. As of now, Crescent Energy holds a Zacks Rank of #1 (Strong Buy).
Valuation is also important, so investors should note that Crescent Energy has a Forward P/E ratio of 4.11 right now. This signifies a discount in comparison to the average Forward P/E of 17.67 for its industry.
The Alternative Energy - Other industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 110, this industry ranks in the top 46% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
, /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that the FS KKR class action lawsuit – captioned Stuart v. FS KKR Capital Corp., No. 26-cv-02969 (E.D. Pa.) – seeks to represent purchasers or acquirers of FS KKR Capital Corp. (NYSE: FSK) securities and charges FS KKR as well as certain of FS KKR's top executives with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the FS KKR class action lawsuit, please provide your information here:
You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected]. Lead plaintiff motions for the FS KKR class action lawsuit must be filed with the court no later than Monday, July 6, 2026.
CASE ALLEGATIONS: FS KKR is a business development company specializing in investments in debt securities.
The FS KKR class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) FS KKR overstated the effectiveness of its portfolio restructuring efforts for its nonaccrual companies; (ii) FS KKR overstated the valuation of its portfolio investments and/or overstated the effectiveness of FS KKR's portfolio valuation process; and (iii) FS KKR overstated the durability of its quarterly distribution strategy.
The FS KKR class action lawsuit further alleges that on August 6, 2025, FS KKR reported second quarter 2025 earnings, revealing that FS KKR's net asset value had declined to $21.93 per share, down $1.44, or 6.2% from the prior quarter, and the total fair value of investments fell $474 million, to $13,648 million. Moreover, FS KKR allegedly reported a loss per share of negative $0.75, down $1.18 or 274.4% from the prior quarter, and a total net realized and unrealized loss per share of negative $1.36, down $1.12 or 466.7% from the prior quarter. Further, investments on non-accrual status allegedly rose to 3.0% and 5.3% of the total investment portfolio at fair value and amortized cost, respectively, compared to 2.1% and 3.5% in the prior quarter. On this news, the price of FS KKR stock fell more than 8%, according to the complaint.
Then, on February 25, 2026, FS KKR announced fourth quarter and full year 2025 earnings, allegedly revealing net asset value had continued to decline to $20.89, down $1.10 or 5% from the prior quarter, and the total fair value of investments fell another $406 million, to $13,009 million. Moreover, FS KKR allegedly reported a loss per share of negative $0.41, down $1.17 or 153.9% from the prior quarter, and a total net realized and unrealized loss per share of negative $0.89, down $1.08 or 568.421% from the prior quarter. Further, investments on non-accrual status again rose to 3.4% and 5.5% of the total investment portfolio at fair value and amortized cost, respectively, compared to 2.9% and 5.0% in the prior quarter. FS KKR also allegedly "acknowledge[d] specific challenges" with additional companies and cut its dividend to $0.48 per share (previously $0.70). On the accompanying earnings call, FS KKR's Chief Investment Officer, was allegedly forced to acknowledge that its "recent underperformance reflects challenges in certain legacy investments" in addition to those previously discussed, including Medallia and Cubic Corp. Further, challenges ran much deeper, as FS KKR revealed issues with the identified companies only accounted for "50% of net realized and unrealized losses." On this news, the price of FS KKR stock fell more than 15%, according to the FS KKR class action lawsuit.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired FS KKR securities during the class period to seek appointment as lead plaintiff in the FS KKR class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the FS KKR class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the FS KKR class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the FS KKR class action lawsuit.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:
In the latest trading session, Whirlpool (WHR - Free Report) closed at $38.00, marking a -2.51% move from the previous day. The stock's change was less than the S&P 500's daily gain of 1.18%. At the same time, the Dow added 0.59%, and the tech-heavy Nasdaq gained 2.07%.
Shares of the maker of Maytag, KitchenAid and other appliances have depreciated by 10.23% over the course of the past month, underperforming the Consumer Discretionary sector's loss of 1.1%, and the S&P 500's loss of 2.9%.
The upcoming earnings release of Whirlpool will be of great interest to investors. The company is predicted to post an EPS of $0.13, indicating a 90.3% decline compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $3.6 billion, down 4.57% from the prior-year quarter.
WHR's full-year Zacks Consensus Estimates are calling for earnings of $1.73 per share and revenue of $15.03 billion. These results would represent year-over-year changes of -72.23% and -3.19%, respectively.
Any recent changes to analyst estimates for Whirlpool should also be noted by investors. 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. 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 past month, the Zacks Consensus EPS estimate has moved 31.71% lower. Whirlpool presently features a Zacks Rank of #5 (Strong Sell).
With respect to valuation, Whirlpool is currently being traded at a Forward P/E ratio of 22.53. This represents no noticeable deviation compared to its industry average Forward P/E of 22.53.
It's also important to note that WHR currently trades at a PEG ratio of 22.53. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Household Appliances industry currently had an average PEG ratio of 43.41 as of yesterday's close.
The Household Appliances industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 244, this industry ranks in the bottom 1% 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Badger Meter (BMI - Free Report) closed the most recent trading day at $138.67, moving -1.57% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 1.18%. Meanwhile, the Dow experienced a rise of 0.59%, and the technology-dominated Nasdaq saw an increase of 2.07%.
Shares of the manufacturer of products that measure gas and water flow have appreciated by 13.7% over the course of the past month, outperforming the Computer and Technology sector's loss of 5.33%, and the S&P 500's loss of 2.9%.
The investment community will be paying close attention to the earnings performance of Badger Meter in its upcoming release. The company is expected to report EPS of $1.01, down 13.68% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $219.66 million, indicating a 7.75% downward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.51 per share and revenue of $909.27 million, which would represent changes of -5.85% and -0.81%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Badger Meter. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Badger Meter currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Badger Meter has a Forward P/E ratio of 31.24 right now. This signifies no noticeable deviation in comparison to the average Forward P/E of 31.24 for its industry.
Investors should also note that BMI has a PEG ratio of 2.53 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. BMI's industry had an average PEG ratio of 1.94 as of yesterday's close.
The Instruments - Control industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 110, putting it in the top 46% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Pilgrim's Pride (PPC - Free Report) ended the recent trading session at $28.95, demonstrating a +1.19% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 1.18%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 2.07%.
Shares of the poultry producer have appreciated by 1.06% over the course of the past month, underperforming the Consumer Staples sector's gain of 2.27%, and outperforming the S&P 500's loss of 2.9%.
Investors will be eagerly watching for the performance of Pilgrim's Pride in its upcoming earnings disclosure. In that report, analysts expect Pilgrim's Pride to post earnings of $0.97 per share. This would mark a year-over-year decline of 42.94%. Meanwhile, our latest consensus estimate is calling for revenue of $4.9 billion, up 3% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $3.52 per share and a revenue of $18.7 billion, demonstrating changes of -31.91% and +1.09%, respectively, from the preceding year.
Any recent changes to analyst estimates for Pilgrim's Pride should also be noted by investors. 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.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
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 an unchanged state. Pilgrim's Pride presently features a Zacks Rank of #5 (Strong Sell).
Looking at its valuation, Pilgrim's Pride is holding a Forward P/E ratio of 8.14. For comparison, its industry has an average Forward P/E of 11.62, which means Pilgrim's Pride is trading at a discount to the group.
The Food - Meat Products industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 184, putting it in the bottom 25% 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.
Symbotic Inc. (SYM - Free Report) ended the recent trading session at $42.14, demonstrating a +2.18% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 1.18% for the day. Elsewhere, the Dow gained 0.59%, while the tech-heavy Nasdaq added 2.07%.
The stock of company has fallen by 11.17% in the past month, lagging the Business Services sector's loss of 0.5% and the S&P 500's loss of 2.9%.
The investment community will be closely monitoring the performance of Symbotic Inc. in its forthcoming earnings report. The company is predicted to post an EPS of $0.12, indicating a 340% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $714.76 million, indicating a 20.71% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.5 per share and a revenue of $2.79 billion, representing changes of -72.53% and +24.13%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Symbotic Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To 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 last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Symbotic Inc. currently has a Zacks Rank of #3 (Hold).
With respect to valuation, Symbotic Inc. is currently being traded at a Forward P/E ratio of 82.89. This denotes a premium relative to the industry average Forward P/E of 16.86.
Investors should also note that SYM has a PEG ratio of 2.76 right now. 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. SYM's industry had an average PEG ratio of 1.45 as of yesterday's close.
The Technology Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 163, positioning it in the bottom 34% 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
SoFi Technologies earns a "Strong Buy" rating, driven by rapid user growth, an expanding product suite, and a disruptive digital banking model. SOFI's end-to-end digital platform, zero-branch structure, and aggressive cross-selling have fueled 35% YoY member growth and robust customer stickiness. Financial Services and Lending segments both posted record results in Q1 2026, with net revenue up 41% to $1.1 billion and net margin at 15%.
In the latest trading session, SoFi Technologies, Inc. (SOFI - Free Report) closed at $18.19, marking a +1.73% move from the previous day. The stock outpaced the S&P 500's daily gain of 1.18%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
Prior to today's trading, shares of the company had lost 1.87% lagged the Finance sector's gain of 1.96% and was narrower than the S&P 500's loss of 2.9%.
Investors will be eagerly watching for the performance of SoFi Technologies, Inc. in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.12, indicating a 50% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $1.11 billion, reflecting a 29.67% rise from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.59 per share and a revenue of $4.66 billion, representing changes of +51.28% and +29.79%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for SoFi Technologies, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, 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, the Zacks Consensus EPS estimate has shifted 1.14% upward. At present, SoFi Technologies, Inc. boasts a Zacks Rank of #3 (Hold).
Looking at its valuation, SoFi Technologies, Inc. is holding a Forward P/E ratio of 30.08. For comparison, its industry has an average Forward P/E of 10.85, which means SoFi Technologies, Inc. is trading at a premium to the group.
The Financial - Miscellaneous Services industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 92, finds itself in the top 38% echelons 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.
To follow SOFI in the coming trading sessions, be sure to utilize Zacks.com.
Ralph Lauren (RL - Free Report) closed the most recent trading day at $397.61, moving -3.3% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 1.18% for the day. At the same time, the Dow added 0.59%, and the tech-heavy Nasdaq gained 2.07%.
The upscale clothing company's shares have seen an increase of 12.99% over the last month, surpassing the Consumer Discretionary sector's loss of 1.1% and the S&P 500's loss of 2.9%.
The investment community will be paying close attention to the earnings performance of Ralph Lauren in its upcoming release. The company is forecasted to report an EPS of $4.26, showcasing a 13% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $1.86 billion, indicating a 8.25% growth compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $18.33 per share and a revenue of $8.66 billion, representing changes of +10.49% and +6.68%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Ralph Lauren. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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 moved 0.25% higher. Currently, Ralph Lauren is carrying a Zacks Rank of #2 (Buy).
In the context of valuation, Ralph Lauren is at present trading with a Forward P/E ratio of 22.43. This represents a premium compared to its industry average Forward P/E of 15.91.
Investors should also note that RL has a PEG ratio of 2.04 right now. 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. RL's industry had an average PEG ratio of 2.11 as of yesterday's close.
The Textile - Apparel industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 157, this industry ranks in the bottom 36% of all industries, numbering over 250.
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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
AST SpaceMobile (ASTS +21.47%), a space-based cellular broadband network for standard mobile phones, closed at $86.77, up 21.44%. The stock rose as the company confirmed its newest BlueBird satellites were alive and well in orbit, and investors are watching the August launch window and Q2 earnings timing.
The company’s trading volume reached 32.1M shares, which is about 44% above its three-month average of 22.4M shares.
How the markets moved todayThe S&P 500 (^GSPC +1.18%) closed at 7,440, up 1.18%, while the Nasdaq Composite (^IXIC +2.07%) finished at 25,820, up 2.07%. Among satellite telecommunications and non-terrestrial direct-to-device cellular connectivity peers, Iridium Communications (IRDM +24.98%) closed at $54.59, up 25.44%, and SATS (SATS +3.64%) closed at $103.92, up 3.64%.
What this means for investorsAST SpaceMobile shares rallied after the company confirmed that BlueBirds 8-10 are operating in orbit, providing investors with a cleaner execution milestone following the earlier BlueBird 7 setback. The update matters because AST’s stock is tied less to current revenue and more to whether the company can keep building its space-based cellular network on schedule.
The next test is the targeted first-half August launch of BlueBirds 11-13. AST’s Q1 results showed modest revenue but kept the company’s 2026 outlook intact, leaving investors focused on whether satellite deployment can move the company closer to service activation a larger revenue ramp. The next earnings update will give a clearer read on cash use, launch timing, and how quickly network progress is turning into commercial milestones.
Eric Trie has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends AST SpaceMobile. The Motley Fool has a disclosure policy.
In the latest close session, Cleveland-Cliffs (CLF - Free Report) was down 5.73% at $9.38. The stock trailed the S&P 500, which registered a daily gain of 1.18%. At the same time, the Dow added 0.59%, and the tech-heavy Nasdaq gained 2.07%.
Shares of the mining company witnessed a loss of 26.84% over the previous month, trailing the performance of the Basic Materials sector with its loss of 5.12%, and the S&P 500's loss of 2.9%.
Analysts and investors alike will be keeping a close eye on the performance of Cleveland-Cliffs in its upcoming earnings disclosure. The company is predicted to post an EPS of -$0.18, indicating a 64% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $5.17 billion, up 4.83% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.27 per share and a revenue of $20.59 billion, representing changes of +89.11% and +10.67%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Cleveland-Cliffs. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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. The Zacks Consensus EPS estimate has moved 47.83% higher within the past month. As of now, Cleveland-Cliffs holds a Zacks Rank of #3 (Hold).
The Steel - Producers industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 27, which puts it in the top 12% 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.
Hims & Hers Health, Inc. (HIMS - Free Report) closed at $33.39 in the latest trading session, marking a -1.62% move from the prior day. The stock's change was less than the S&P 500's daily gain of 1.18%. Meanwhile, the Dow experienced a rise of 0.59%, and the technology-dominated Nasdaq saw an increase of 2.07%.
The company's stock has climbed by 29.79% in the past month, exceeding the Medical sector's gain of 7.96% and the S&P 500's loss of 2.9%.
Analysts and investors alike will be keeping a close eye on the performance of Hims & Hers Health, Inc. in its upcoming earnings disclosure. The company is expected to report EPS of -$0.06, down 135.29% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $689.49 million, up 26.55% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.23 per share and a revenue of $2.9 billion, indicating changes of -143.4% and +23.72%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Hims & Hers Health, Inc. 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. 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 remained stagnant within the past month. Hims & Hers Health, Inc. is currently a Zacks Rank #5 (Strong Sell).
In terms of valuation, Hims & Hers Health, Inc. is presently being traded at a Forward P/E ratio of 646.48. This denotes a premium relative to the industry average Forward P/E of 27.78.
It's also important to note that HIMS currently trades at a PEG ratio of 48.52. 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. The Medical Info Systems was holding an average PEG ratio of 2.09 at yesterday's closing price.
The Medical Info Systems industry is part of the Medical sector. At present, this industry carries a Zacks Industry Rank of 110, placing it within the top 46% of over 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
OneSpan (OSPN - Free Report) closed the most recent trading day at $14.31, moving +1.06% from the previous trading session. The stock lagged the S&P 500's daily gain of 1.18%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
The internet security company's shares have seen a decrease of 1.94% over the last month, surpassing the Computer and Technology sector's loss of 5.33% and the S&P 500's loss of 2.9%.
Analysts and investors alike will be keeping a close eye on the performance of OneSpan in its upcoming earnings disclosure. The company is expected to report EPS of $0.25, down 26.47% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $57.75 million, showing a 3.49% drop compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.23 per share and revenue of $246.53 million. These totals would mark changes of -17.45% and +1.38%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for OneSpan. 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.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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 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. Within the past 30 days, our consensus EPS projection has moved 2.51% higher. OneSpan is holding a Zacks Rank of #2 (Buy) right now.
Looking at its valuation, OneSpan is holding a Forward P/E ratio of 11.51. Its industry sports an average Forward P/E of 18.67, so one might conclude that OneSpan is trading at a discount comparatively.
One should further note that OSPN currently holds a PEG ratio of 1.05. 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 Internet - Software was holding an average PEG ratio of 1.05 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 79, this industry ranks in the top 33% of all industries, numbering over 250.
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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
In the latest trading session, Copa Holdings (CPA - Free Report) closed at $155.53, marking a -1.06% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.18%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 2.07%.
Shares of the holding company for Panama's national airline have appreciated by 10.01% over the course of the past month, outperforming the Transportation sector's gain of 2.8%, and the S&P 500's loss of 2.9%.
The investment community will be closely monitoring the performance of Copa Holdings in its forthcoming earnings report. The company is expected to report EPS of $1.9, down 47.37% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $1.07 billion, reflecting a 27.12% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $15.96 per share and a revenue of $4.38 billion, signifying shifts of -1.97% and +21.16%, respectively, from the last year.
Any recent changes to analyst estimates for Copa Holdings should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 1.43% higher within the past month. Copa Holdings is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Copa Holdings's current valuation metrics, including its Forward P/E ratio of 9.85. For comparison, its industry has an average Forward P/E of 11.9, which means Copa Holdings is trading at a discount to the group.
Also, we should mention that CPA has a PEG ratio of 1.2. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Transportation - Airline industry had an average PEG ratio of 1.15 as trading concluded yesterday.
The Transportation - Airline industry is part of the Transportation sector. Currently, this industry holds a Zacks Industry Rank of 208, positioning it in the bottom 15% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow CPA in the coming trading sessions, be sure to utilize Zacks.com.
GigaCloud Technology Inc. (GCT - Free Report) ended the recent trading session at $32.41, demonstrating a +1.19% change from the preceding day's closing price. This change outpaced the S&P 500's 1.18% gain on the day. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 2.07%.
The company's shares have seen a decrease of 11.13% over the last month, not keeping up with the Business Services sector's loss of 0.5% and the S&P 500's loss of 2.9%.
The investment community will be closely monitoring the performance of GigaCloud Technology Inc. in its forthcoming earnings report. The company's upcoming EPS is projected at $0.85, signifying a 6.59% drop compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $383.7 million, indicating a 18.94% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.18 per share and revenue of $1.53 billion, which would represent changes of +16.43% and +18.96%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for GigaCloud Technology Inc. These revisions help to show the ever-changing nature of near-term business trends. 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. 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, 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 last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. As of now, GigaCloud Technology Inc. holds a Zacks Rank of #3 (Hold).
Digging into valuation, GigaCloud Technology Inc. currently has a Forward P/E ratio of 7.66. This denotes a discount relative to the industry average Forward P/E of 16.86.
The Technology Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 163, this industry ranks in the bottom 34% of all industries, numbering over 250.
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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
, /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Futu Holdings Limited (NASDAQ: FUTU) securities between May 24, 2023 and May 27, 2026. Futu Holdings Limited engages in the provision of digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally.
For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations: Robbins LLP is Investigating Allegations that Futu Holdings Limited (FUTU) Misled Investors Regarding its Business Prospects
According to the complaint, during the class period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Plaintiff alleges that On May 28, 2026, before the market opened, Futu issued a press release reporting financial results for the first quarter 2026, including net income of HK$831.0 million (US$106.0 million) after giving effect to the proposed penalties comprised of: "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion." The press release reported this adjustment under the Company's financial statements as "Others, net" in its statements of comprehensive income for the applicable period. On this news, Futu's stock price fell $5.31, or 4.8%, to close at $104.91 on May 28, 2026.
What Now? You may be eligible to participate in the class action against Futu Holdings Limited Shareholders who wish to serve as lead plaintiff for the class should contact Robbins LLP. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.
To be notified if a class action against Futu Holdings Limited settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
Attorney Advertising. Past results do not guarantee a similar outcome.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until August 25, 2026 to file lead plaintiff applications in a securities class action lawsuit against Futu Holdings Limited ("Futu" or the "Company") (NasdaqGM: FUTU), if they purchased or otherwise acquired the Company’s securities between May 24, 2023 and May 27, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.
What You May Do
If you purchased securities of Futu as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgm-futu/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by August 25, 2026.
>>>CLICK HERE for more information
About the Lawsuit
Futu and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company was not in compliance with the requirements of the China Securities Regulatory Commission, including because it continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (ii) as a result, the Company was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (iii) as a result of the foregoing, the Company’s financial results were overstated; and (iv) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
The case is Tang v. Futu Holdings Limited, et al, 26-cv-05453.
>>>To Learn More, Click HERE
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
>>>For More Information about the case, Click HERE
Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"). 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.
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. 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.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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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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New York, NY 10016
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Apple has a new policy in which it has accelerated its release of security updates in response to the speed with which artificial intelligence can develop malicious hacking tools, Reuters reported Monday (June 29).
In the latest close session, Meta Platforms (META - Free Report) was up +2.24% at $562.60. This change outpaced the S&P 500's 1.18% gain on the day. Meanwhile, the Dow experienced a rise of 0.59%, and the technology-dominated Nasdaq saw an increase of 2.07%.
The stock of social media company has fallen by 13.01% in the past month, lagging the Computer and Technology sector's loss of 5.33% and the S&P 500's loss of 2.9%.
Market participants will be closely following the financial results of Meta Platforms in its upcoming release. The company's upcoming EPS is projected at $7.1, signifying a 0.56% drop compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $60.13 billion, indicating a 26.56% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $33.01 per share and a revenue of $253.28 billion, indicating changes of +40.53% and +26.03%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Meta Platforms. Such recent modifications usually signify the changing landscape 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 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 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 remained stagnant within the past month. Meta Platforms is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, Meta Platforms is presently being traded at a Forward P/E ratio of 16.67. Its industry sports an average Forward P/E of 18.67, so one might conclude that Meta Platforms is trading at a discount comparatively.
Meanwhile, META's PEG ratio is currently 0.87. 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 the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 1.05.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 79, which puts it in the top 33% of all 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Shares of ride-hailing giant Uber Technologies (UBER 1.16%) have rebounded recently as investors warm to the idea that robotaxis could become a major new growth driver. Shares are up about 7% over the last month and 5% in the last week alone. At close to $76 as of this writing, though, the stock still sits about 25% below its 52-week high near $102.
The recent optimism toward the stock is easy to understand. What's harder to pin down, however, is what Uber actually owns in the autonomous race.
Here is the part the robotaxi excitement tends to gloss over: Uber doesn't build the cars, doesn't write the self-driving software, and doesn't own the vehicles carrying its riders. Its plan is to be the app that books the trip, whoever's autonomous car shows up. That asset-light approach could be Uber's biggest advantage in autonomy -- or its biggest vulnerability, depending on how the next few years unfold.
Image source: Getty Images.
A platform, not a fleet Uber's pitch to investors and autonomous-car manufacturers is about aggregation.
It has reportedly signed up about 30 autonomous partners -- robotaxi developers, delivery-bot makers, and self-driving trucking firms -- and wants to be the marketplace where that capacity meets demand. The early traction backs up the idea: Uber recently said autonomous trips on its platform grew about tenfold over the past year, and management is targeting driverless service in up to 15 cities by the end of 2026.
"We get to work with everybody in the ecosystem," Uber CEO Dara Khosrowshahi told Fast Company in a June interview, pointing to a network that handles more than 40 million trips a day. The logic is that with that much demand, Uber can keep a partner's expensive cars busy in ways a single operator running its own app can't.
And the core business gives the pitch weight. In the first quarter of 2026, Uber's revenue rose 14% year over year to $13.2 billion, gross bookings climbed 25% to $53.7 billion, and trips grew 20% to 3.64 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 33% to about $2.5 billion.
A network this large is exactly what a robotaxi operator with idle cars might want to plug into.
But the biggest fleet doesn't need Uber The catch is who actually owns the robotaxis on the road today. Alphabet's Waymo is the largest operator by far, running a fleet of more than 3,000 driverless cars and delivering around half a million paid rides a week, with a goal of 1 million by the end of 2026. And Waymo mostly routes those riders through its own app, not Uber's. And the two are now drifting apart -- Waymo still runs on Uber's platform in a couple of markets.
Tesla, meanwhile, is building a robotaxi service on cars and software it controls end-to-end. Uber's answer is to buy its way into the supply of its own. The company has reportedly committed more than $10 billion to autonomous vehicles. That includes a deal for at least 35,000 robotaxis built on electric vehicles from Lucid Group and equipped with Nuro's self-driving system, plus an arrangement for as many as 50,000 autonomous vehicles from Rivian.
But these arrangements will take time to start making a difference for Uber. The Lucid-Nuro robotaxi service is slated for a public launch later this year. And the Rivian fleet isn't expected to start deployments until 2028.
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Meanwhile, Uber's valuation leaves little room for slip-ups. Its forward price-to-earnings ratio of 24 isn't expensive, but it's not cheap either. In other words, it isn't extreme for a company growing gross bookings above 20%, but it's high enough that it arguably does assume the partner-based autonomy strategy adds value rather than erodes it.
So does Uber's asset-light bet make it a robotaxi winner, or leave it dependent on the rivals that build the cars? Probably something in between. Sure, the platform model could prove durable if autonomy fragments across many operators that all need Uber's demand to fill seats. But it could suffer if a handful of owners like Waymo reach the scale to run their own networks and keep the economics. For now, Uber is paying up to ensure it has cars to fall back on -- a sensible hedge, but also a quiet admission that aggregating other companies' robotaxis may not be the durable advantage implied by the rising share price.
Waymo robotaxi rides are no longer available via the Uber app in Phoenix, Arizona, the companies confirmed on Monday.
"Phoenix was our first pilot market with Waymo and was an intentionally limited deployment, reaching just over a dozen vehicles dedicated to the program," Uber said in a statement. "We learned a lot from that collaboration, which helped us to quickly scale Austin and Atlanta, where hundreds of Waymo AVs are available exclusively on Uber and our coverage area continues to expand."
The end of the robotaxi pilot program raises questions about Uber's dominance in a future of self-driving services.
Uber execs have pitched the company as the crucial platform that robotaxi players will need to rely on to tap demand. The ride-hailing giant has inked partnerships with every major autonomous vehicle developer, with the exception of Tesla.
Tesla's fledgling robotaxi service is operating with a very limited fleet of just 69 registered, automated vehicles in Texas today.
Read more CNBC tech newsThe memory shortage shaking Apple and Microsoft is 'existential crisis' for smaller playersThe AI boom is colliding with a new threat: Severe weatherChina's Zhipu is closing in on top U.S. AI models with Anthropic and OpenAI held backHow GE Vernova builds the massive gas turbines powering the AI data center boomWaymo said in a statement that the Uber initiative "was a productive pilot that paved the way for future expansions and partnerships across the globe."
The autonomous vehicles that the Google sister company deployed for the Phoenix Uber pilot will remain in use there, and will make autonomous deliveries via DoorDash, which competes with Uber Eats.
Waymo, which operates a fleet of about 4,000 automated vehicles in the U.S., makes its driverless rides available exclusively via Uber in Austin and Atlanta today. In nine other cities, Waymo's robotaxi passenger rides are primarily available via its own app, and in a limited way through public transit partnerships.
Waymo plans to offer its robotaxi rides through Lyft in Nashville later this year without exclusivity.
Autonomous vehicle industry researcher Grayson Brulte, founder of Autmny AI, brought attention to the end of the companies' work together in Phoenix in a social media post on Monday. The pilot program had concluded about a month ago.
Uber said it plans to partner with another AV company in Phoenix but did not disclose which one.
Last fall, Tesla obtained a permit allowing it to operate a ride-hailing service in Arizona, a step towards its promises to build a massive robotaxi service in the US. The company also obtained a permit in Arizona for testing autonomous vehicles with a human safety driver on board.
In March, Amazon-owned Zoox said it would be testing with hopes to expand its driverless ride-hailing services to Phoenix this year.
During a first-quarter earnings call, Uber CEO Dara Khosrowshahi touted Uber's partnerships in the driverless vehicle space, including deals with Rivian, Zoox, China's Pony.AI and Croatia's Verne.
"AV Mobility trips on Uber increased more than 10x year over year, and we are now live in eight cities, with plans to expand to up to 15 by year-end," he said.
Waymo is by far the leader in the U.S., and is eyeing international expansion this year.
Since last month, the company issued a pair of voluntary software recalls, including to fix issues that had allowed Waymo robotaxis to drive into construction zones on freeways in Phoenix.
Uber and Alphabet's Waymo have ended their self-driving partnership in Phoenix, Arizona, as the ride-hailing giant prepares to launch a new autonomous vehicle collaboration in the city.
A downtown building is wrapped in Amazon Prime advertising ahead of Comic-Con International, in San Diego, California, U.S. July 22, 2025. REUTERS/Mike Blake Purchase Licensing Rights, opens new tab
SummaryCompaniesAustralian competition watchdog sues Amazon's local unitACCC alleges Amazon unit used unfair Prime Video contract termsACCC seeking declarations, penalties, among other ordersJune 30 (Reuters) - Australia's competition regulator said on Tuesday it has taken Amazon's (AMZN.O), opens new tab Australian unit to court, alleging its Prime subscription contracts contained unfair terms that allowed the company to add advertising to its video streaming platform.
The Australian Competition and Consumer Commission (ACCC) alleged that between November 2023 and August 2025, Amazon Australia used unfair Prime Video contract terms to make negative changes for over 1 million annual subscribers without offering compensation.
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"We allege that Amazon AU included multiple unfair terms in its contracts with Australian annual Prime subscribers, and it then relied on some of these terms to bring ads onto Amazon Prime Video," said ACCC Chair Gina Cass-Gottlieb.
After July 2024, subscribers who wanted to maintain ad-free streaming had to pay an additional A$2.99 per month. This was despite annual subscribers already having paid A$79 ($54.40) upfront for the service, the ACCC added in its statement.
The regulator also alleged that Amazon.com Services LLC was knowingly concerned in the Australian unit's conduct, adding that the former was involved in drafting the Australian contracts that contained the terms.
The ACCC is seeking declarations, penalties, consumer redress, costs and other orders.
In an emailed response to Reuters, a spokesperson for Amazon Australia said the firm is "reviewing the case filed by the ACCC in detail" and had cooperated with the regulator throughout the investigation.
The ACCC investigated Amazon's local unit's contracts after receiving consumer reports about the introduction of ads to Prime Video in 2024, according to its statement.
($1 = 1.4522 Australian dollars)
Reporting by Shivangi Lahiri in Bengaluru, additional reporting by Kumar Tanishk; Editing by Maju Samuel and Vijay Kishore
Our Standards: The Thomson Reuters Trust Principles., opens new tab
When it comes to tracking the trading activity of members of Congress, Rep. Cleo Fields (D-La.) is one of the most followed names based on the Magnificent Seven stocks and millions of dollars of trades he makes. A recent disclosure showed continued buying of Magnificent Seven names, along with a new quantum pick.
Cleo Fields New Stock TradesFields shared several new stock trades for June, as reported by the Benzinga Government Trades page.
Fields reported the following:
June 15: Bought $1,000 to $15,000 in Alphabet Inc (NASDAQ:GOOG) stock
June 11: Bought $1,000 to $15,000 in Microsoft Corp. (NASDAQ:MSFT) stock
June 11: Bought $1,000 to $15,000 in Microsoft Corporation stock
June 4: Bought $1,000 to $15,000 in Quantinuum Inc (NASDAQ:QNT) stock
Investors familiar with Fields know he loves buying Magnificent Seven stocks. The purchase of Quantinuum is the trade that draws attention.
Quantinuum recently went public, after being owned by Honeywell for years, and could be one of the new quantum bets on a sector that has seen explosive growth and attention from investors.
While Fields doesn’t make many trades outside of Magnificent Seven stocks or large-cap tech such as AMD and Netflix, some trades that fit this category are watched closely by investors.
Fields Trading HistoryFields has spent millions of dollars buying up Magnificent Seven stocks.
In 2026, the congressman has mainly been buying Alphabet and Microsoft, while also investing in Apple and Meta Platforms. Those four stocks are his current top Magnificent Seven picks.
Data from Quiver Quantitative shows that Fields has made over $22 million in trades, including $21.58 million in trading volume in 2025.
In 2026, Fields has so far spent around $1.13 million on stocks.
Photo Courtesy: metamorworks from Shutterstock
Market News and Data brought to you by Benzinga APIs
Microsoft (MSFT - Free Report) closed the most recent trading day at $368.57, moving -1.18% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 1.18% for the day. On the other hand, the Dow registered a gain of 0.59%, and the technology-centric Nasdaq increased by 2.07%.
Shares of the software maker witnessed a loss of 17.16% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 5.33%, and the S&P 500's loss of 2.9%.
Market participants will be closely following the financial results of Microsoft in its upcoming release. It is anticipated that the company will report an EPS of $4.21, marking a 15.34% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $87.46 billion, showing a 14.41% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $17.33 per share and revenue of $329.27 billion, which would represent changes of +27.05% and +16.88%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Microsoft. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent 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, 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 last 30 days, the Zacks Consensus EPS estimate has moved 0.03% lower. Microsoft presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, Microsoft is currently exchanging hands at a Forward P/E ratio of 21.53. This expresses a premium compared to the average Forward P/E of 14.66 of its industry.
It's also important to note that MSFT currently trades at a PEG ratio of 1.3. 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. As the market closed yesterday, the Computer - Software industry was having an average PEG ratio of 1.3.
The Computer - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 157, finds itself in the bottom 36% echelons 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Boeing (BA - Free Report) closed the most recent trading day at $214.69, moving -1.18% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 1.18%. At the same time, the Dow added 0.59%, and the tech-heavy Nasdaq gained 2.07%.
Shares of the airplane builder witnessed a loss of 6.01% over the previous month, trailing the performance of the Aerospace sector with its gain of 1.38%, and the S&P 500's loss of 2.9%.
Market participants will be closely following the financial results of Boeing in its upcoming release. The company's earnings per share (EPS) are projected to be -$0.25, reflecting a 79.84% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $23.55 billion, up 3.51% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of -$0.15 per share and a revenue of $96.7 billion, demonstrating changes of +98.59% and +8.09%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Boeing. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
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. Within the past 30 days, our consensus EPS projection remained stagnant. Boeing presently features a Zacks Rank of #3 (Hold).
The Aerospace - Defense industry is part of the Aerospace sector. This group has a Zacks Industry Rank of 110, putting it in the top 46% 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.
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Carl Rinsch was convicted of scamming Netflix out of $11 million after he failed to finish his ambitious sci-fi series "White Horse." Lloyd Mitchell/Business Insider Carl Rinsch, the director convicted of defrauding Netflix of $11 million, was sentenced on Monday to two and a half years in prison.
Much of Monday's sentencing hearing was spent discussing Rinsch's mental health, an issue that had played out in court filings but was not part of his criminal trial. During the trial, a Manhattan federal jury heard evidence that the director, instead of delivering an ambitious sci-fi epic called "White Horse" to Netflix, went on a luxury spending spree that included a $439,000 handmade Hästens mattress.
US District Judge Jed Rakoff pushed back against a prosecutor who argued that Rinsch was motivated solely by greed.
"If he had purchased one Rolls-Royce, or even maybe the Rolls-Royce and the Ferrari, that would have been at least consistent with the view you're now expressing," Rakoff said. "But he purchased five Rolls-Royces plus the Ferrari. That suggests someone who is not operating solely from greed, but also someone who's got a kind of manic state of mind."
At the same time, the director's conduct was egregious, the judge said. There was overwhelming proof that Rinsch had lied about his conduct, Rakoff said.
"He chose to do this. And he chose to continue it and to cover it up for years," Rakoff said.
Rinsch, wearing a blue suit with a salmon tie and matching pocket square, told Rakoff that the experience of going through the criminal justice system forced him "to confront things about my life and my health that I have been unable to confront" and that he was receiving mental health treatment.
"I will spend every day of the rest of my life working to restore the trust I've lost," he said in the lower Manhattan courtroom.
One of his attorneys, Daniel McGuinness, told Business Insider he looked forward to appealing the case.
Prosecutors brought fraud charges against him following the collapse of "White Horse," a science fiction project about clonelike beings that form their own society.
Netflix initially agreed to pay $44 million for Rinsch to deliver about 13 short episodes of the show. The director was a protégé of "Blade Runner" director Ridley Scott and had the support of Keanu Reeves, whom he had directed in the 2013 movie "47 Ronin."
After the project went over budget, Netflix agreed to pay Rinsch another $11 million to complete it.
Filming never picked up again. Rinsch moved the money through a series of bank accounts, invested in cryptocurrencies, and bought luxury goods. At trial, Rinsch testified that he believed the additional funds were mostly backpay for him paying out of pocket for earlier cost overruns.
The jury found Rinsch guilty in December. Before the sentencing, Reeves wrote a letter asking the judge to show leniency, saying that Rinsch tended to self-sabotage.
In addition to the prison sentence, Rakoff ordered Rinsch to pay $11 million in restitution, plus legal fees Netflix incurred assisting prosecutors and preparing executives who testified in the criminal trial. Rinsch separately owes Netflix millions of dollars in a related civil dispute over "White Horse."
A spokesperson for Netflix declined to comment. Rinsch declined to comment.
During the hearing, McGuinness noted the tall odds of Rinsch ever repaying the money he owed to Netflix. It is "preposterous" to think any Hollywood studio would give him millions of dollars for anything ever again, he said.
"I hope he has some career, some creative outlet," McGuinness said. "But it's going to be nowhere near the scope he had in the past."
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Jacob Shamsian You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Jacob Shamsian is a correspondent on Business Insider's Enterprise news desk. He is also a Global Reporter for Axel Springer.He was previously on BI's Legal Affairs desk, covering major litigation, courtroom trials, and the legal industry.Jacob has reported on the criminal trials of Donald Trump, Ghislaine Maxwell, Sam Bankman-Fried, Sean "Diddy" Combs, R. Kelly, and Anna Sorokin (AKA Anna Delvey), He's also covered blockbuster civil trials, including both E. Jean Carroll v. Trump trials, the New York Attorney General's fraud trial against Trump, Sarah Palin v. The New York Times, and Johnny Depp v. Amber Heard.His stories have been cited in judicial rulings, lawsuits, letters from congressional committees, and in numerous media publications. He was a pool reporter in Donald Trump's Manhattan criminal trial.Jacob has been interviewed on CNN, the docuseries "Surviving R. Kelly," ABC's "Good Morning America," and BBC News, among other programs. His work has been cited by media outlets, including The New York Times, The Washington Post, Vanity Fair, and New York magazine. He's also written for GQ, The Awl, The New Republic, Entertainment Weekly, Time, and Modern Farmer.You can reach Jacob on Signal at JacobShamsian.07.Expertise:Jeffrey Epstein, Ghislaine Maxwell, Donald Trump legal issues, Sean "Diddy" Combs, Sam Bankman-Fried, Anna Sorokin (AKA Anna Delvey), R. KellyFeatures and scoops:Inside Jeffrey Epstein's plan to nab another billionaire clientLuigi Mangione came from privilege. Then his spine gave out, he went off the grid, and he got a gun.Why The New York Times' lawyers are inspecting OpenAI's code in a secretive roomWhen the crowd leaves Trump's hush-money trial, the judge spends his day in a very different kind of courtThe newly unsealed Jeffrey Epstein documents have Donald Trump's name all over them. He had been secretly disguised as 'Doe 174.'FTX's victims may get all their money back. The judge sentencing Sam Bankman-Fried might not care.Trump's 'multitasking' defense is falling apart in courtI fled an extremist Jewish cult in Guatemala when I was 15 years old. I grew up with virtually no education and wasn't allowed to show love to my parents.The Anna Delvey Industrial Complex — and meSteve Bannon filmed Jeffrey Epstein for 15 hours. His 'documentary' has never surfaced.Fake letters and sex tapes: How R. Kelly tried to discredit and compromise his accusersWill Dominion end up owning MyPillow if it wins a $1.3 billion defamation lawsuit against Mike Lindell? Here are 2 ways it could take control.
On June 29, 2026, Target Corp (TGT) shares fell 4.6% today, closing at $133.92. The stock has seen a 52-week range of $83.44 to $142.82, reflecting significant
In the latest trading session, Target (TGT - Free Report) closed at $133.92, marking a -4.61% move from the previous day. This move lagged the S&P 500's daily gain of 1.18%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
The stock of retailer has risen by 10.48% in the past month, leading the Retail-Wholesale sector's loss of 5.89% and the S&P 500's loss of 2.9%.
The investment community will be paying close attention to the earnings performance of Target in its upcoming release. In that report, analysts expect Target to post earnings of $2.21 per share. This would mark year-over-year growth of 7.8%. Meanwhile, the latest consensus estimate predicts the revenue to be $26 billion, indicating a 3.15% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $8.35 per share and a revenue of $108.83 billion, demonstrating changes of +10.3% and +3.87%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Target. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.02% increase. Target is holding a Zacks Rank of #3 (Hold) right now.
In the context of valuation, Target is at present trading with a Forward P/E ratio of 16.81. This represents a discount compared to its industry average Forward P/E of 27.4.
Investors should also note that TGT has a PEG ratio of 2.74 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. TGT's industry had an average PEG ratio of 2.39 as of yesterday's close.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 40, putting it in the top 17% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
