Apple (AAPL 1.31%) finds itself in a tough position. It has avoided the heavy spending associated with artificial intelligence (AI) compute build-outs. Nonetheless, the surging demand for chips from some of its "Magnificent Seven" peers has put pressure on its business. In particular, the price of memory chips has soared over the last year or so. Micron Technology just reported that prices for its DRAM memory chips climbed more than 60% from the previous quarter.
But two recent moves could help mitigate the near-term pressure of higher memory prices on Apple while benefiting patient long-term investors willing to stick with the leading smartphone maker.
Image source: Getty Images.
Apple is leaning into high memory prices While memory chip prices are soaring, Apple's latest software updates are heavily reliant on increased memory capacity for its devices. Apple rebuilt Siri using Alphabet's Gemini large language model (LLM). The new AI features demonstrated at its Worldwide Developers Conference (WWDC) event earlier this month are far from cutting edge, but they take advantage of the personal information and context of your iPhone, providing unique capabilities that leading AI companies can't replicate.
Under the hood, Apple is heavily focused on keeping your private data private. That means running as many queries as possible on the iPhone itself instead of sending the prompt to a remote server for processing. Apple took pains to reduce the memory requirements for on-device AI, but there's only so much it can do while providing the most useful AI features. As a result, the upgraded Siri won't work with many older iPhones.
It might seem counterintuitive to increase memory requirements for its premier software update at a time when memory prices are so high. However, the timing could prove fortuitous for Apple. The new Siri update could help drive many owners of older devices to upgrade this fall with the next iPhone release. And that gives Apple the opportunity to raise the price on the iPhone.
Indeed, Apple just announced price increases for certain MacBook and iPad units. CEO Tim Cook suggested more price hikes could be coming in a recent interview. Apple had held back on price hikes despite increased component costs for several quarters, while its biggest competitors, including Samsung Electronics, raised prices. That may have helped fuel strong iPhone sales over the last few quarters, which are up 22% through the first six months of fiscal 2026.
A price hike will allow Apple to maintain most of its gross margin, while the demand driven by the Siri upgrade should help maintain unit sales. The result should be modest revenue growth with slightly slower profit growth in fiscal 2027, but the long-term potential of the two moves could be significant.
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Thinking long term It's important to note that the memory chip market is extremely cyclical. In times of high demand, prices for memory chips climb considerably higher. However, memory chipmakers eventually add capacity, bringing supply back in line with demand and ultimately leading to lower prices. That is to say, Apple won't be stuck paying the outrageously high prices the market currently demands forever.
On the other hand, consumer prices are much stickier. While Apple has introduced some low-end models to appeal to more budget-conscious consumers, it's rarely lowered the prices of its flagship devices.
As a result, Apple should be able to produce meaningful revenue growth with minimal margin compression in the near future. And while revenue growth might slow in later years, it should drive margin expansion as memory prices decline. The recent moves leverage its strong brand and its position as the leading smartphone manufacturer to maintain steady profit growth over time.
With the stock trading around 32 times forward earnings expectations, some may see it as too expensive for a relatively slow-growing business. But Apple is demonstrating its ability to deliver steady gains without significant capital expenditures, using its massive free cash flow to buy back stock and boost earnings per share. That makes it worth paying a premium price, especially for patient, long-term investors.
Tesla v pondělí vzrostla o zhruba 4 % před čtvrtečními výsledky dodávek za 2. čtvrtletí. Náladu podpořily i komentáře Elona Muska k nové verzi Full Self-Driving.
Tesla stock TSLA jumped on Monday as investors looked ahead to the company's second-quarter delivery report later this week, while fresh comments from Chief Executive Elon Musk provided an additional boost to sentiment.
The stock rose around 4% in early trading to $396.64, recovering some ground after a difficult week for the electric vehicle maker.
The broader market was also supportive, with the S&P 500 gaining 0.8% and the Dow Jones Industrial Average advancing 0.3%.
Investors are now focused on Tesla's second-quarter delivery figures, scheduled for release on Thursday.
Analysts currently expect Tesla to report deliveries of approximately 405,000 vehicles, up from roughly 384,000 vehicles delivered during the same period a year earlier.
Part of Monday's rally appeared linked to comments Musk made on social media regarding Tesla's Full Self-Driving technology.
Musk said Tesla had begun rolling out a new version of its Full Self-Driving software for customers using AI3 hardware, the onboard computer platform introduced in 2019.
Newer Tesla vehicles are equipped with AI4 hardware, which was introduced in 2023 and offers significantly greater computing capability.
"Nice work by the [Tesla AI team]!" Musk wrote on X.
"The AI3 computer only has about 15% of the effective memory bandwidth of AI4, so this was a tough challenge," he added.
The update could potentially expand the addressable market for Tesla's Full Self-Driving subscription service by improving functionality for owners of older vehicles.
Tesla currently charges $99 per month for Full Self-Driving, which can perform most driving tasks under driver supervision.
Wall Street analysts have become increasingly optimistic about Tesla's upcoming delivery results following stronger-than-expected sales data from several key markets.
Morgan Stanley raised its second-quarter delivery forecast to approximately 413,000 vehicles from a prior estimate of roughly 373,000 units.
The firm cited stronger registration trends in Europe and improving demand in China as key drivers behind the upgrade.
According to Morgan Stanley, Europe provided the largest source of upside, with registrations running significantly above year-earlier levels as the region continued recovering from a weaker 2025.
China also showed improving momentum, with domestic sales rebounding in May after two consecutive months of annual declines.
Despite the higher delivery forecast, Morgan Stanley maintained its $415 price target and remained cautious on Tesla's energy storage business, forecasting second-quarter deployments of 11.8 gigawatt-hours compared with Street expectations of roughly 14.3 gigawatt-hours.
Barclays also raised its delivery expectations and now forecasts approximately 418,000 vehicle deliveries for the quarter.
The brokerage expects European deliveries to reach approximately 90,000 units during the quarter, representing Tesla's strongest regional performance since 2023.
China deliveries are projected at roughly 135,000 vehicles, supported by improving domestic demand and export activity.
Production is expected to reach about 430,000 vehicles during the quarter, while inventory levels remain well below the elevated build seen during the first quarter.
Barclays maintained its Equal Weight rating and $360 price target, while noting that investor attention has increasingly shifted away from Tesla's automotive operations toward its longer-term artificial intelligence initiatives.
The firm said investors remain focused on programs such as Robotaxi, Optimus, and autonomous driving technology, even as stronger vehicle deliveries remain important for generating the cash flow needed to fund those ambitions.
JPMorgan uvedla, že menší flotila robotaxi Tesly oproti Waymo je záměrná a odráží opatrný přístup firmy k nasazení. Waymo má v Texasu 640 autonomních vozidel, zatímco Tesla 84, přestože Tesla letos rozšířila své robotaxi mimo Austin do Dallasu a Houstonu. Tesla podle banky dává přednost vylepšování softwaru Full Self-Driving před rychlým rozšiřováním vozů.
In its latest autonomous vehicle roadmap, JPMorgan noted that Waymo has 640 autonomous vehicles registered in Texas, compared with just 84 for Tesla, even after Tesla expanded its robotaxi footprint beyond Austin into Dallas and Houston this year. Rather than viewing the gap as a competitive weakness, the firm argues Tesla is intentionally prioritizing software readiness over fleet expansion.
Why Tesla’s Robotaxi Fleet Is SmallerJPMorgan said Tesla has taken a deliberately measured approach to its robotaxi rollout despite investor excitement around the company’s autonomous driving ambitions.
“Our view. Tesla has been cautious in its robotaxi rollout in Austin, and more recently in Dallas and Houston,” the analysts wrote. “On the 1Q call, Tesla management talked about taking a very cautious approach to the rollout of robotaxis.”
According to the note, Tesla believes there are still “many known improvements” that can be made to its Full Self-Driving software before deploying unsupervised vehicles at scale. As a result, the company sees little value in rapidly expanding its commercial fleet while major software upgrades remain in development.
That stands in contrast to Waymo, which has aggressively expanded across Texas after launching in Austin in March 2025 and has since entered Dallas, Houston and San Antonio. Of the company’s 640 Texas autonomous vehicles, JPMorgan estimates about 594 are Jaguar I-PACEs, while 46 are the new sixth-generation Ojai robotaxis.
Tesla’s FSD Progress Could Matter More Than Fleet SizeJPMorgan argues that the robotaxi race is not simply about who has the largest fleet today.
The firm highlighted continued improvements in Tesla’s Full Self-Driving software, noting that FSD version 14.x has surpassed 2,000 miles to critical disengagement, representing roughly a 4.3-fold improvement over the approximately 460 miles achieved by version 13.x.
The analysts also pointed to Tesla’s safety statistics, which show vehicles operating with FSD (Supervised) in North America average 5.5 million miles before a major collision, more than eight times the U.S. average, while traveling about 1.6 million miles before a minor collision, roughly seven times the national average.
Cybercab Could Change The PictureWhile Waymo currently enjoys a sizeable lead in deployed robotaxis, JPMorgan believes Tesla’s strategy is geared toward a much larger rollout once its software reaches the desired level of maturity.
The firm noted that Cybercab has already entered pilot production, with volume production expected later this year, potentially setting the stage for a much faster fleet expansion than investors are seeing today.
For now, the numbers heavily favor Waymo. But JPMorgan’s takeaway is that Tesla’s smaller robotaxi fleet reflects a conscious product strategy rather than an attempt to win the deployment race as quickly as possible.
Image via Shutterstock
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Alphabet GOOG shares rose 4.1% in trading on Monday as the Google parent began its first trading session as a member of the Dow Jones Industrial Average, replacing Verizon Communications in the 30-stock benchmark.
The index change, announced last week, marks a milestone for Alphabet.
However, because the Dow is a price-weighted index rather than one weighted by market capitalization, analysts do not expect the stock to receive the same boost from passive investment flows that typically accompanies inclusion in the S&P 500.
The stock also benefited from a broader rebound in technology shares after last week's sharp selloff.
The Roundhill Magnificent Seven exchange-traded fund, which had fallen 13% in June through Friday and was on track for its worst month since its launch in April 2023, traded higher alongside several of its largest constituents.
Meta Platforms, Amazon and Tesla each rose more than 2%, while Nvidia and Microsoft gained more than 1%. Apple lagged the group with a modest 0.1% gain.
Investor sentiment was also influenced by reports that Google has limited Meta's access to its Gemini artificial intelligence models because demand exceeded available computing capacity.
According to the Financial Times, Google informed Meta around March that it could not provide all the Gemini capacity the social media company wanted to purchase.
The restrictions remain in place and have delayed some of Meta's internal AI projects while prompting the company to encourage employees to use AI tokens more efficiently.
Several other Google customers have also been affected by the capacity limits, although to a lesser extent.
Meta has faced greater disruption because of its exceptionally high demand for Google's AI models.
The restrictions highlight growing infrastructure bottlenecks across the artificial intelligence industry, where surging demand for advanced models has outpaced available computing resources despite massive investment in chips, data centres and power.
Google has moved to expand its capacity, including signing a $920 million-per-month agreement with SpaceX earlier this month to lease additional computing resources.
During Alphabet's first-quarter earnings call in April, Chief Executive Sundar Pichai acknowledged the company's capacity limitations.
"Obviously, we are compute-constrained in the near term," Pichai said. "And as an example, our Cloud revenue would have been higher if we were able to meet the demand."
Alphabet reported 63% revenue growth in its cloud computing business during the first quarter, its strongest growth since it began disclosing the figure in 2019.
The company also reported that its cloud revenue exceeded $20 billion for the first time, while its backlog of signed but undelivered cloud contracts nearly doubled quarter over quarter to more than $460 billion.
The stock has climbed 96% over the past 12 months and continues to trade about 11% above its 200-day simple moving average of $314.41, suggesting that the longer-term uptrend remains intact.
However, near-term momentum remains weaker. Alphabet is trading 2% below its 20-day simple moving average of $359.34 and 4.9% below its 50-day simple moving average of $369.57, indicating that the stock remains in a recovery phase rather than a sustained breakout.
Google Technicals The 20-day moving average also remains below the 50-day moving average, a bearish crossover that suggests recent rallies have faced stronger selling pressure than earlier in the longer-term advance.
Akcie Alphabet v pondělí vzrostly o 4 %, ale akcie dál tlačí obavy z návratnosti výdajů na AI. Firma zároveň čelí nedostatku výpočetní kapacity a rostoucím nákladům na investice.
Alphabet shares rose 4% Monday as the company officially joined the Dow Jones Industrial Average, replacing Verizon and adding a symbolic blue-chip designation.
The move comes despite continued pressure on the stock. Even with Monday's gain, Alphabet is still tracking for its worst month since February of last year, with six of the past seven weeks in the red. That marks a sharp reversal from May, when the company briefly eclipsed Nvidia after hours to become the world's most valuable company by market capitalization.
Alphabet's Dow inclusion is more symbolic than mechanical. The stock is already in the S&P 500 and Nasdaq 100, where most benchmarked assets sit, limiting the amount of forced fund buying tied to the index change.
Recent Dow additions have also struggled after joining: Nvidia, Salesforce and Apple all traded lower 60 days after entering the index.
Read more CNBC tech newsOracle stock has worst week since 2001 dot-com bust as AI financing concerns escalateOpenAI hasn't held pre-IPO investor meetings or set timeline yet, sources sayOpenAI and Anthropic face new AI reality as users shift from 'tokenmaxxing' to efficiencyOpenAI limits new AI models to 'trusted partners' at request of U.S. governmentWeakness in Google shares comes as investors question the payoff from the company's AI spending, with lower-cost Chinese models improving, Google DeepMind researchers tied to Gemini and coding tools leaving for rivals like Anthropic and OpenAI, and compute access emerging as both a customer constraint and a recruiting issue.
Alphabet reportedly does not have enough compute capacity to meet demand from enterprise customers such as Meta, and is turning to infrastructure rivals, including SpaceX, to help close the gap. Alphabet did not respond to multiple requests for comment on reports about Meta's Gemini usage.
Compute access has also become a recruiting tactic. Noam Shazeer, the former Gemini co-lead who recently left Google for OpenAI, reportedly cited reduced access to compute as part of his frustration.
At the same time, Chinese models are pushing pricing lower just as Google tries to build an enterprise business around Gemini. DeepSeek has said the fourth version of its open-source model is coming in two weeks.
That strain is now showing up on Alphabet's balance sheet.
Its cash pile is shrinking, it skipped buybacks in the first quarter for the first time in nearly a decade, and it has raised more than $140 billion in debt and equity as the AI capex race gets more expensive.
Citigroup plánuje investovat 5 miliard USD mezi lety 2026 a 2028 do technologií, marketingu a úprav poboček. Ve 1. čtvrtletí 2026 už AI používalo více než 80 % zaměstnanců a od spuštění vytvořila 42 milionů interakcí.
Key Takeaways C is increasingly using AI to boost efficiency while investing in long-term growth initiatives.C plans to invest $5B through 2026-2028 across tech, marketing and branch upgrades.C reports 80% employee using AI, with 42M interactions generated since launch, driving productivity gains. Citigroup, Inc. (C - Free Report) is increasingly using artificial intelligence (AI) to improve operating efficiency, while investing in long-term growth. Its strategy reflects a broader industry trend in which leading banks are adopting AI, automation and digital tools to reduce costs, boost productivity and enhance customer experience.
Citigroup plans to invest $5 billion between 2026 and 2028 across technology, marketing, front-office talent and branch renovations. A growing share of technology spending is being directed toward business-led initiatives that support innovation and client growth across markets, investment banking, wealth, cards and services.
AI is already delivering tangible benefits. In customer service, generative AI has reduced average call times by about 60 seconds, while CitiDirect agents have improved customer query containment rates by roughly 50%. In its credit card business, AI and machine learning have increased approval rates by approximately 100 basis points, improving underwriting decisions and customer acquisition.
Beyond customer-facing applications, AI is driving significant internal productivity gains. More than 10,000 engineers now use advanced AI tools, including agentic AI, while automated code reviews have exceeded 1.5 million, creating nearly 100,000 hours of developer capacity each week. AI has also reduced application migration times from an estimated 12 months to just four weeks. In the first quarter of 2026, more than 80% of employees adopted AI tools, generating 42 million interactions since launch. In Markets, AI processes more than 4,400 documents, creating above 1,700 hours of monthly capacity across oversight functions.
These initiatives support Citigroup's efficiency targets. Management expects the efficiency ratio to improve to 60% in 2026, with a medium-term goal of 55-60% and ultimately below 55%. The expected improvement will likely come from lower transformation costs, reduced stranded costs as legacy franchises are exited, productivity benefits from earlier investments and AI-enabled process re-engineering.
Overall, AI has become a core component of Citigroup's operating model. By improving customer service, automating technology development and streamlining internal processes, the bank is enhancing efficiency while creating capacity to invest in higher-growth businesses. As AI adoption accelerates across the banking industry, Citigroup appears well-positioned to strengthen its competitive position and deliver sustainable long-term profitability.
How Other Banks Stack Up Against Peers in Using AIOther major banks, including Goldman Sachs (GS - Free Report) and JPMorgan (JPM - Free Report) , are also investing heavily in AI to improve efficiency, personalize services and maintain a competitive advantage.
Goldman Sachs is undertaking a firmwide AI transformation to boost fee income, productivity and long-term operating leverage. Its strategy centers on “One Goldman Sachs 3.0” and the GS AI Assistant program, aiming to embed AI into core operations through streamlined processes, shared platforms, high-quality data and modernized infrastructure. While near-term AI investments may raise costs, Goldman targets a long-term efficiency ratio of 60%.
JPMorgan is leading AI-driven banking by embedding advanced models across its operations, from fraud detection and credit risk to personalized wealth management. Its AI platforms improve efficiency, compliance and customer experience, while generative tools streamline workflows. This blend of innovation and scale reinforces JPMorgan’s position as the top digital banking brand in the United States.
C’s Price Performance & Zacks RankShares of Citigroup have gained 66.5% in the past year compared with the industry’s growth of 22.5%.
Image Source: Zacks Investment Research
Citigroup currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Nike je před výsledky hospodaření za 4. čtvrtletí na 11letých minimech a analytici čekají tržby 10,86 miliardy USD a zisk 12 centů na akcii. JPMorgan snížil cílovou cenu na 47 USD a varuje, že obrat může trvat déle.
Nike Inc (NYSE:NKE) finds itself with shares trading at 11-year lows ahead of fourth-quarter financial results, which are set for Tuesday after market close.
Here’s a look at the apparel company’s earnings estimates, what experts are saying ahead of the report and key items to watch.
Nike Q4 Earnings EstimatesAnalysts expect Nike Q4 revenue of $10.86 billion, down from $11.1 billion in the year-ago quarter, according to Benzinga Pro data.
The company has topped revenue estimates for six straight quarters and seven of the last 10 quarters overall.
Analysts expect quarterly earnings of 12 cents per share, down from 14 cents per share a year ago.
Nike has beaten earnings-per-share estimates for 11 consecutive quarters.
What Nike Experts Are SayingJPMorgan analyst Matthew Boss lowered the price target on Nike stock from $52 to $47 ahead of the earnings report, while maintaining a Neutral rating.
The analyst lowers estimates for the quarter and said the results will likely be "in line" with previous guidance.
Boss said comments from Nike’s CEO Elliott Hill for a recent Financial Times article show the restructuring could be taking longer than hoped.
"Our recent fieldwork points to a sequential deterioration in demand in April/May," Boss said.
Freedom Capital Markets Chief Market Strategist Jay Woods said Nike shareholders "are still waiting for that turnaround."
"Will management show progress when it comes to new product launches and reconnecting with consumers?" Woods said in a weekly newsletter.
The market expert said investors should watch for cost cuts, China growth and inventory figures in the fourth quarter.
"Expectations have already been lowered, so this quarter may be less about the numbers themselves and more about whether management can convince investors the stock is ready to run again."
Woods said Nike stock broke the $42 level of support ahead of earnings, a level it would need to recapture after earnings to push to another support level of $46.
"Those longer-term shareholders hoping for a quick fix may have to wait much longer for this trend to change."
Here are recent Nike analyst ratings and their price targets:
Deutsche Bank: Maintained Hold rating, lowered price target from $51 to $43 Oppenheimer: Maintained Outperform rating, lowered price target from $120 to $60 KeyBanc: Downgraded from Overweight to Sector Weight, no price target BTIG: Maintained Bu rating, lowered price target from $75 to $55 Key Items to WatchAs mentioned by Woods above, China, inventory and cost cuts could be three key areas for investors to watch in Nike’s report Tuesday and on the conference call.
In the third quarter, revenue was flat on a year-over-year basis, with North America sales growth of 3% helping to offset a 7% decline for the Greater China region. Other international regions posted year-over-year growth in the third quarter, a key area to watch on Tuesday.
Expectations are low for Nike heading into the earnings print, which could make the stock ripe for a rally if the company beats and provides strong guidance.
With shares at 11-year lows, the stock has sold off and many investors are heading to the sidelines with the turnaround taking longer than expected.
Price ActionNike stock is up 0.5% to $40.96 on Monday versus a 52-week trading range of $40.00 to $80.17. Its stock price is down 35.2% year-to-date in 2026 and down over 40% in the last 52 weeks.
Image via Shutterstock/ slvn_an
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Netflix rozšiřuje reklamní platformu Ads Suite; počet inzerentů v roce 2025 vzrostl o více než 70 % na více než 4 000. Reklamní tržby se mají v roce 2026 téměř zdvojnásobit na zhruba 3 miliardy USD.
Key Takeaways Netflix is expanding its Ads Suite to grow advertising beyond subscription revenue.NFLX's advertiser base topped 4,000 after growing more than 70% in 2025.Netflix expects its expanding ad ecosystem to support long-term revenue growth and diversification. Netflix (NFLX - Free Report) continues to strengthen its advertising platform, positioning the business as an increasingly important growth driver beyond subscription revenues. The company is expanding its in-house ad technology, broadening advertiser access and improving campaign measurement, steps expected to help it capture a larger share of the growing connected television advertising market. This complements Netflix's expanding global audience and engagement, creating a differentiated value proposition for advertisers.
The advertising business has already begun scaling meaningfully. Projections point to advertising revenues nearly doubling to around $3 billion for 2026, supported by strong advertiser adoption. The advertiser base expanded more than 70% in 2025 to over 4,000 advertisers, while programmatic buying is on track to account for more than half of the non-live advertising business, signaling improved platform adoption.
Netflix is simultaneously enhancing its proprietary Netflix Ads Suite. Updates include expanded targeting, improved frequency management across streaming services and additional audience measurement tools. The company has also broadened integrations with leading demand-side platforms, easing programmatic buying and improving campaign efficiency, investments that could strengthen advertiser retention and attract incremental ad budgets over time.
However, Netflix remains smaller in scale than entrenched connected television advertising players and sustained adoption of new formats and measurement tools will be necessary to narrow that gap.
The expanding advertising ecosystem is expected to support long-term revenue growth while diversifying Netflix's monetization model beyond subscriptions. The Zacks Consensus Estimate for second quarter 2026 revenues is pegged at $12.57 billion, indicating growth of 13.5% year over year, indicating advertising's rising role in sustaining top-line growth ahead.
Netflix faces Stiff CompetitionNetflix faces competition from peers like Roku (ROKU - Free Report) and Amazon (AMZN - Free Report) , which continue to invest in their connected TV advertising businesses. Roku is expanding its advertising platform with AI-powered optimization, identity solutions and advanced measurement capabilities to improve campaign performance. Meanwhile, Amazon is strengthening Prime Video's advertising ecosystem by leveraging its extensive ad-tech infrastructure, first-party shopping data and programmatic capabilities. While Roku and Amazon continue to broaden their advertising ecosystems, Netflix's expanding Ads Suite, growing advertiser base and rising programmatic adoption are expected to strengthen its competitive position and support long-term advertising revenue growth.
NFLX’s Price Performance, Valuation & EstimatesShares of Netflix have dropped 21.3% in the year-to-date period compared with the broader Zacks Consumer Discretionary sector’s decline of 9.5%.
NFLX’s YTD Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, Netflix appears overvalued, trading at a forward 12-month price-to-sales ratio of 5.72X, higher than the industry's 3.98X. NFLX carries a Value Score of D.
NFLX’s Valuation
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for 2026 earnings is pegged at $3.60 per share. This indicates a 42.29% increase from the previous year.
NFLX currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
SEC uložila Merrill Lynch, součásti Bank of America, pokutu 7,5 milionu USD za neúplné hlášení podezřelých transakcí. Firma neoznámila řadu SAR mezi dubnem 2020 a zářím 2024.
Signage is seen at the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., U.S., May 12, 2021. Picture taken May 12, 2021. REUTERS/Andrew Kelly Purchase Licensing Rights, opens new tab
CompaniesJune 29 (Reuters) - The U.S. Securities and Exchange Commission fined Bank of America's (BAC.N), opens new tab Merrill Lynch unit $7.5 million on Monday for failing to file numerous reports meant to flag money laundering and other suspicious client activity.
Merrill neither admitted nor denied wrongdoing in accepting the civil fine over failures to file numerous suspicious activity reports (SARs) from April 2020 to September 2024.
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The case stemmed from Merrill's reliance on Bank of America's transaction monitoring software to comply with the federal Bank Secrecy Act, which requires broker-dealers to file SARs with the U.S. Treasury Department’s Financial Crimes Enforcement Network.
According to the SEC, the software aggregated potentially suspicious events into "event groups" and assigned them "risk scores."
The SEC said Merrill investigated only event groups with risk scores of at least 20 for possible SAR filings, even though its internal analyses showed that some event groups with risk scores below 20 would trigger SAR filings if investigated.
Merrill cooperated with the SEC probe, and filed numerous SARs after lowering the threshold for internal reviews of suspicious events, the regulator said.
In a statement, Charlotte, North Carolina-based Bank of America said it maintains rigorous anti-money laundering practices, and continually reviews its anti-money laundering systems to detect and report suspicious activity.
Reporting by Jonathan Stempel in New York. Editing by Mark Potter and Chizu Nomiyama
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CHMP doporučil schválení rozšířeného použití Tecvayli od Johnson & Johnson v kombinaci s Darzalex SC pro dospělé s relabujícím nebo refrakterním mnohočetným myelomem po alespoň jedné předchozí léčbě. Kombinace snížila riziko progrese nemoci nebo úmrtí o 83,4 %.
Key Takeaways JNJ won CHMP backing for Tecvayli plus Darzalex SC in adults with RRMM after at least one prior therapy.Tecvayli plus Darzalex SC cut the risk of disease progression or death by 83.4% versus standard care.JNJ reported 83.3% overall survival at three years for the combination in the MajesTEC-3 study. Johnson & Johnson (JNJ - Free Report) announced that the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) has recommended approval for the expanded use of Tecvayli (teclistamab) in multiple myeloma.
The CHMP has now recommended approval of Tecvayli in combination with the Darzalex subcutaneous (daratumumab SC) formulation for the treatment of adult patients with relapsed or refractory multiple myeloma (RRMM) who have received at least one prior therapy.
The latest CHMP nod was based on data from the phase III MajesTEC-3 study, which evaluated the safety and efficacy of Tecvayli in combination with Darzalex SC versus the investigator’s choice of Darzalex SC and dexamethasone with either pomalidomide or bortezomib (DPd/DVd) in patients who have received one to three prior lines of therapy.
Data from the same showed that, at nearly three years of follow-up, treatment with the combo of Tecvayli plus Darzalex SC led to an 83.4% reduction in the risk of disease progression or death versus the current standard of care. The combo of Tecvayli plus Darzalex SC demonstrated 83.3% overall survival versus 65% for the standard of care at three years.
The safety profile of Tecvayli plus Darzalex SC was similar to the well-known profiles of the individual therapies.
JNJ’s Price PerformanceYear to date, shares of J&J have rallied 24.4% compared with the industry’s growth of 13.1%.
Image Source: Zacks Investment Research
JNJ’s Ongoing Activities With TecvayliTecvayli is currently approved in Europe for treating patients with RRMM who have received at least three prior therapies, including an immunomodulatory agent, a proteasome inhibitor and an anti-CD38 antibody and have shown disease progression on the last therapy.
In March 2026, JNJ submitted a type II variation application to the EMA seeking approval of Tecvayli as a monotherapy for the treatment of adult patients with RRMM who have received at least one prior therapy.
Tecvayli is approved in the United States for the treatment of RRMM, both as monotherapy in heavily pretreated patients and in combination therapy in earlier treatment lines. The FDA granted accelerated approval in October 2022 for adults with RRMM who had received at least four prior lines of therapy.
The FDA approved Tecvayli in combination with Darzalex Faspro for the treatment of adults with RRMM who have received at least one prior line of therapy, including an immunomodulatory agent and a proteasome inhibitor, in March 2026.
Tecvayli is one of J&J’s new cancer drugs that is making meaningful contributions to the company’s top line. The drug recorded sales worth $202 million in the first quarter of 2026, up 33.5% year over year, driven by launch uptake, share gains from continued expansion into the community setting and the launch of Tecvayli plus Darzalex Faspro for relapsed/refractory multiple myeloma.
JNJ’s Zacks Rank & Stocks to ConsiderJ&J currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the biotech sector are Kiniksa Pharmaceuticals (KNSA - Free Report) , Immunocore (IMCR - Free Report) and Liquidia Corporation (LQDA - Free Report) , each currently sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Over the past 60 days, estimates for Kiniksa Pharmaceuticals’ 2026 EPS have increased from $1.09 to $1.24. Over the same period, EPS estimates for 2027 have risen from $1.54 to $1.70. KNSA shares have surged 43.5% year to date.
Kiniksa Pharmaceuticals’ earnings beat estimates in two of the trailing four quarters and missed in the remaining two quarters, with the average surprise being 1.53%.
Over the past 60 days, estimates for Immunocore’s 2026 bottom line have improved from a loss of 88 cents per share to earnings of 6 cents. Over the same period, EPS estimates for 2027 have risen from 24 cents to 87 cents. IMCR stock has lost 11% year to date.
Immunocore’s earnings beat estimates in three of the trailing four quarters, while missing the same on the remaining occasion, with the average surprise being 46.66%.
Over the past 60 days, estimates for Liquidia’s 2026 earnings per share have risen from $1.50 to $2.97, while estimates for 2027 have increased from $2.91 to $4.81 during the same time. LQDA shares have surged 126.7% year to date.
Liquidia’s earnings beat estimates in three of the trailing four quarters, while missing the same on the remaining occasion, with the average surprise being 54.40%.
Chevron zvažuje další projekty napájení datových center v USA kromě projektu Project Kilby, aby využil rostoucí poptávku po elektřině pro AI. První elektřina z projektu Project Kilby má přijít v roce 2028.
Key Takeaways Chevron is evaluating U.S. data center projects beyond Project Kilby to meet rising AI electricity demand.CVX plans natural gas-fired facilities in multiple regions, with Project Kilby targeting first power in 2028.Chevron sees dedicated power projects as a potential long-term revenue stream beyond commodity prices. Per Reuters, Chevron Corporation (CVX - Free Report) is expanding its ambitions in the fast-growing data center power market by exploring additional projects across the United States. Building on the momentum of Project Kilby, the company is evaluating opportunities in several strategic regions to support the rapidly increasing electricity demand driven by artificial intelligence (AI) and cloud computing.
With abundant natural gas resources, proven energy infrastructure expertise and a growing pipeline of potential customers, Chevron is positioning itself as a key provider of dedicated power solutions for next-generation digital infrastructure.
Building on the Success of Project KilbyProject Kilby represents Chevron's first dedicated natural gas-fired power project designed specifically for a hyperscale data center. The 2.67-gigawatt facility will supply electricity to Microsoft's data center campus in Pecos, TX, with enough generating capacity to power a city the size of San Francisco.
The project reflects Chevron's strategy of combining its extensive energy development experience with growing demand from technology companies seeking reliable, large-scale power sources for AI workloads.
Chevron expects to make a final investment decision by the end of the year, while the first electricity from Project Kilby is anticipated in 2028. The facility also has the potential to expand beyond its initial capacity as future demand increases.
Chevron Is Exploring New Growth Opportunities NationwideFollowing Project Kilby, Chevron is actively evaluating similar opportunities in several regions, including West Texas, the Midwest, the Gulf Coast and areas near Colorado's Rocky Mountains. The company is also considering projects in Utah, where it already operates a hydrogen facility.
Chevron has indicated that future developments could involve both Microsoft and other technology customers, depending on project economics and commercial viability. The company believes multiple locations across the country offer the right combination of energy resources, infrastructure and customer demand to support dedicated data center power facilities.
Natural Gas Supports Reliable AI InfrastructureAs AI adoption accelerates, reliable electricity has become one of the biggest challenges facing data center expansion. Chevron believes natural gas offers an effective solution, backed by its abundant domestic supply, operational flexibility, and ability to provide continuous, dispatchable power.
Unlike intermittent energy sources, natural gas generation can quickly respond to changing electricity demand while maintaining stable operations. This reliability is particularly valuable for data centers, where uninterrupted power is essential to support AI processing, cloud services and other digital workloads.
CVX Is Balancing New Opportunities With Existing OperationsWhile expanding into dedicated power generation, Chevron continues to prioritize the energy needs of its own operations. The company evaluates new investments across its broader business to ensure projects supporting external customers do not compromise the reliability of power required for activities such as drilling operations and compression infrastructure in the Permian Basin.
This enterprise-wide approach allows Chevron to pursue emerging business opportunities while maintaining operational efficiency across its core energy portfolio.
Creating a New Long-Term Revenue StreamBeyond supporting growing electricity demand, data center power projects provide Chevron with an opportunity to diversify its revenue sources. Dedicated power generation offers income that is less directly exposed to fluctuations in oil and natural gas commodity prices, creating a potentially more stable long-term business segment.
Although industry analysts believe it is still too early to determine the financial impact of these projects, Chevron continues to advance its plans as demand for AI infrastructure grows across the United States.
Chevron Looks Beyond Project KilbyThe rapid expansion of AI and cloud computing is reshaping electricity demand, creating significant opportunities for energy providers capable of delivering reliable, large-scale power. Chevron's strategy extends well beyond Project Kilby, with multiple regions under evaluation for future developments.
By leveraging its natural gas resources, project execution capabilities and established energy infrastructure, Chevron aims to play an increasingly important role in powering the next generation of AI-driven data centers while strengthening its long-term growth strategy.
CVX’s Zacks Rank & Key PicksChevron is one of the largest publicly traded oil and gas companies in the world, with operations that span almost every corner of the globe. Currently, CVX carries a Zacks Rank #3 (Hold).
Investors interested in the energy sector may consider some top-ranked stocks like Global Partners LP (GLP - Free Report) , Delek US Holdings, Inc. (DK - Free Report) and Liberty Energy Inc. (LBRT - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Global Partners is a Delaware limited partnership formed by affiliates of the Slifka family. It owns, controls or has access to one of the largest terminal networks of refined petroleum products in New England. The Zacks Consensus Estimate for GLP’s 2026 earnings indicates 113.1% year-over-year growth.
TN-based Delek US Holdings is an independent refiner, transporter and marketer of petroleum products. The company’s operations are organized into two reportable segments: Refining and Logistics. The Zacks Consensus Estimate for DK’s 2026 revenues indicates 5.9% year-over-year growth.
Liberty Energy is a leading North American oilfield services company, specializing in hydraulic fracturing and completion solutions. The company provides differentiated services through advanced technology integration and real-time data analytics. The Zacks Consensus Estimate for LBRT’s 2026 earnings indicates 66.7% year-over-year growth.
Key Takeaways CCL has 93% of 2026 business booked, with pricing ahead of last year at historic highs.Customer deposits hit a record $9.0B as onboard revenues and pre-cruise sales increased.Fuel costs rose nearly 30%, while Europe disruption, logistics and currency risks remain. Carnival Corporation Ltd. (CCL - Free Report) is gaining investor attention as its recovery story shifts from broad cruise demand to stronger execution. Booking visibility, onboard spending and destination investments are giving the company more ways to support revenues and earnings.
Royal Caribbean Group (RCL - Free Report) , which currently carries a Zacks Rank #3 (Hold), remains a relevant peer for investors tracking cruise pricing and destination-led demand. Norwegian Cruise Line Holdings Ltd. (NCLH - Free Report) , which currently has a Zacks Rank #4 (Sell), also provides a useful comparison as investors assess whether cruise demand can support higher yields across the industry.
Carnival Bookings Stretch Far AheadCarnival’s booking curve remains the furthest out on record, giving the company unusual visibility into future revenues. For 2026, 93% of business is already on the books, with the booked position ahead of last year at historically high prices.
Demand is not limited to the current year. Since March, bookings for 2027 and beyond have been running ahead of prior-year levels on both volume and price, including stronger European bookings.
CCL Turns Demand Into Higher YieldsCarnival delivered its 12th consecutive quarter of record net yields. That matters because the company is not just filling ships, it is capturing demand at better price points.
Customer deposits reached an all-time high of $9.0 billion, up more than $450 million from the prior-year record. Higher second-quarter onboard revenues and increased pre-cruise onboard sales also show that more guest spending is being captured before sailings begin.
Carnival Builds a Destination AdvantageCarnival’s destination strategy is becoming a larger part of its investment case. Celebration Key now accommodates up to four ships and more than 13,000 guests on any given day, and is expected to welcome 3.5 million visitors in fiscal 2027.
RelaxAway, Half Moon Cay can support up to 12,000 visitors per day, while Isla Tropicale added a 48,000-square-foot recreational area. Carnival’s Alaska platform, with five brands, 19 ships, four embarkation ports, lodges, rail assets and motor coach operations, adds another layer of itinerary differentiation.
CCL Still Has Meaningful HeadwindsDemand strength does not remove margin risk. Cruise and tour operating expenses increased to $4.23 billion in the second quarter from $3.89 billion a year earlier, while selling and administrative expenses rose to $863 million from $816 million.
Fuel is another pressure point. Fuel expense rose to $595 million from $468 million, reflecting a nearly 30% increase in fuel prices. Geopolitical disruption in Europe, elevated logistics costs and currency sensitivity also remain risks that can affect yields, costs and earnings timing.
What Carnival’s Zacks Rank AddsThe bottom line is that Carnival’s story now depends on execution as much as demand. The company has stronger booking visibility, record deposits, higher onboard spending and a more differentiated destination portfolio, but cost and fuel volatility keep the setup from being one-sided.
CCL currently carries a Zacks Rank #3. It also has a Value Score of A, Growth Score of B, Momentum Score of B and VGM Score of A.
Those Style Scores are supportive, especially for investors looking for value, growth and momentum traits together. The Zacks Rank #3, however, points to a measured near-term outlook rather than a more aggressive bullish signal.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Hormel Foods se dohodl na prodeji svého brazilského byznysu CERATTI společnosti Zanchetta Alimentos LTDA. Transakce má být uzavřena v příštích týdnech a očekává se jen minimální dopad na upravené zisky za fiskální rok 2026.
, /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced it has entered into a definitive agreement to sell its Brazilian operations, operated under the CERATTI® brand to Zanchetta Alimentos LTDA, a Brazilian food company with an established presence in the market.
The divestiture reflects Hormel Foods ongoing efforts to simplify and streamline its portfolio and focus its international strategy on markets with the strongest long-term growth opportunities.
The transaction is expected to close in the coming weeks, subject to customary closing conditions, including required regulatory approval. In the interim, operations will continue as usual for employees, customers and partners.
Financial details of the transaction have not been disclosed. Hormel Foods expects the sale to have a minimal impact on its adjusted fiscal 2026 financial results. The company expects to share additional information during its earnings call for the third quarter of fiscal 2026.
About Hormel Foods
Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with over $12 billion in annual revenue. Its brands include PLANTERS®, SKIPPY®, SPAM®, HORMEL® NATURAL CHOICE®, APPLEGATE®, WHOLLY®, HORMEL® BLACK LABEL®, COLUMBUS®, JENNIE-O® and more than 30 other beloved brands. The Company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of the best companies to work for by U.S. News & World Report and one of America's most responsible companies by Newsweek, was recognized by TIME magazine as one of the World's Best Companies and has received numerous other awards and accolades for its corporate responsibility and community service efforts. For more information, visit hormelfoods.com.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, which are based on the current assumptions and expectations of Hormel Foods Corporation ("Hormel"). These statements are typically accompanied by the words "expect," "will," "would," or similar words or expressions. The principal forward-looking statements in this news release include statements regarding Hormel's anticipated sale of its Ceratti business in Brazil, international growth opportunities, and the expected impact of the transaction on Hormel's fiscal 2026 financial results.
All such forward-looking statements are intended to enjoy the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, as amended. Although Hormel believes there is a reasonable basis for the forward-looking statements, its actual results could be materially different. The most important factors which could cause Hormel's actual results to differ from its forward-looking statements include, but are not limited to, risks related to the deterioration of economic conditions; risks related to acquisitions, joint ventures, equity investments, and divestitures; risks and uncertainties associated with intangible assets, including any future goodwill or intangible assets impairment charges; the risk of disruption of operations; the risk that Hormel may fail to realize anticipated cost savings or operating profit improvements associated with strategic initiatives, including the Transform and Modernize initiative and Hormel's recent corporate restructuring plan; risk of unfavorable changes in Hormel's relationships with third parties; risk of Hormel's inability to protect information technology (IT) systems against, or effectively respond to, cyber-attacks, security breaches or other IT interruptions; labor relations and labor availability risks; food safety risks; fluctuations in commodity prices and availability of raw materials and other inputs; fluctuations in market demand for Hormel's products; risks related to Hormel's ability to respond to changing consumer preferences; damage to Hormel's reputation or brand image; risks of litigation; risks associated with government regulation; risks related to trade policies, export and import controls, and tariffs; and the other risks and uncertainties described in Item 1A – Risk Factors of Hormel's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which can be accessed at www.hormelfoods.com in the "Investors" section. Though Hormel has attempted to list comprehensively these important cautionary risk factors, Hormel cautions that other factors may in the future prove to be important in affecting Hormel's business or results of operations. Forward-looking statements speak only as of the date they are made, and Hormel does not undertake any obligation to update any forward-looking statement except as otherwise required by law.
Contact:
Media Relations
Hormel Foods
[email protected]
Molson Coors staví růst na kategorii Beyond Beer, která byla v 1. čtvrtletí 2026 nejrychleji rostoucí částí portfolia. Tahouny jsou Fever-Tree, Topo Chico Hard a nově i Monaco Cocktails.
Key Takeaways Molson Coors is making Beyond Beer central to Horizon 2030 as it diversifies beyond traditional beer.Beyond Beer was the fastest-growing portfolio area in Q1 2026, led by Fever-Tree and Topo Chico Hard.Monaco Cocktails adds RTD scale, convenience-store reach and about 80 sales employees to support growth. Molson Coors Beverage Company (TAP - Free Report) is accelerating its transformation beyond traditional beer as management seeks new avenues for long-term growth. While beer remains the company's core business, faster-growing categories such as ready-to-drink (RTD) cocktails, hard seltzers and premium mixers are becoming increasingly important to diversify revenues and reach new consumers. TAP's Horizon 2030 strategy places Beyond Beer at the center of portfolio expansion, reflecting management's view that future growth will come from participating in a broader range of beverage occasions rather than relying solely on the mature beer category.
The strategy is already gaining traction. Management described Beyond Beer as the fastest-growing part of the portfolio during the first quarter of 2026, supported by brands such as Fever-Tree, Topo Chico Hard and the recently acquired Monaco Cocktails. Fever-Tree contributed meaningfully to first-quarter net sales and recently launched its first national U.S. advertising campaign. Meanwhile, Topo Chico Hard returned to growth following last year's regional refocusing. Molson Coors also completed the acquisition of Atomic Brands, adding Monaco Cocktails to establish a meaningful presence in the RTD market. Management expects Monaco to contribute roughly 1% of global net sales on a trailing 12-month basis while generating incremental profitability in its first year, despite being included in the portfolio for only nine months during 2026. The acquisition also brought approximately 80 sales employees, strengthening commercial execution across the Beyond Beer business.
Importantly, Molson Coors views Beyond Beer as more than a collection of new brands. The company is building dedicated commercial capabilities, expanding retail coverage and using acquisitions to address portfolio gaps while leveraging its existing distribution network. Management believes Monaco strengthens its convenience-store presence, while Fever-Tree and Topo Chico Hard broaden exposure to premium and fast-growing beverage segments. As these brands scale alongside continued marketing investments and distribution gains, Beyond Beer could evolve into one of Molson Coors' most important long-term growth engines.
TAP’s Zacks Rank & Share Price PerformanceShares of this Zacks Rank #3 (Hold) company have lost 11.4% in the past six months, underperforming the Zacks Beverages - Soft Drinks industry’s growth of 18.2% and the broader Consumer Staples sector’s fall of 10.1%.
TAP Stock's Six-Month Performance
Image Source: Zacks Investment Research
Is TAP Stock a Value Play?Molson Coors shares are currently trading at a forward 12-month price-to-earnings (P/E) multiple of 8.43X, at a discount compared with the industry’s average of 15.94X. The stock is undervalued compared with its industry peers, offering compelling value to investors looking for exposure to the beverage segment.
TAP P/E Ratio (Forward 12 Months)
Image Source: Zacks Investment Research
Stocks to ConsiderARKO Corp. (ARKO - Free Report) operates a chain of convenience stores in the United States. ARKO currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for ARKO's current fiscal-year sales implies a decline of 2.8%, while the same for current fiscal-year earnings implies growth of 93.3% from the year-ago reported figures. ARKO delivered a trailing four-quarter earnings surprise of 43.2%, on average.
Fomento Economico Mexicano (FMX - Free Report) is a leading multinational consumer company with operations spanning proximity retail, fuel, health, digital financial services, logistics and distribution, while also holding a controlling stake in Coca-Cola FEMSA, the world's largest Coca-Cola franchise bottler. The company presently flaunts a Zacks Rank #1.
FMX delivered a trailing four-quarter negative earnings surprise of 17%, on average. The Zacks Consensus Estimate for FMX’s current financial-year sales and EPS indicates growth of 17.5% and 115.3%, respectively, from the year-ago reported numbers.
The Vita Coco Company Inc. (COCO - Free Report) is a leading beverage company that develops, markets and distributes coconut water and other plant-based hydration products under brands such as Vita Coco, Farmers Organic and PWR LIFT across retail, e-commerce and foodservice channels worldwide. It currently sports a Zacks Rank #1.
Vita Coco delivered a trailing four-quarter earnings surprise of 11.7%, on average. The Zacks Consensus Estimate for COCO’s current financial-year sales and EPS indicates growth of 21.4% and 47.9%, respectively, from the year-ago reported numbers.
Micron oznámil rekordní fiskální Q3 s hrubou marží 84,9 % a tržbami 41,456 miliardy USD, protože poptávka po DRAM a NAND dál výrazně převyšuje nabídku. Apple zároveň uvedl rekordní březnové čtvrtletí s tržbami 111,184 miliardy USD, ale upozornil na závislost na dodavatelích komponent.
Micron Technology (NASDAQ: MU | MU Price Prediction) and Apple (NASDAQ: AAPL) just reported earnings that expose who holds the AI era’s supply chain leverage. Micron posted a record fiscal Q3 with an 84.9% non-GAAP gross margin. Apple delivered its best March quarter ever at $111.184 billion while flagging reliance on third parties for components as a core risk.
HBM Inhales Wafers. iPhone 17 Carries Cupertino. Micron’s quarter was a memory squeeze made visible. Revenue hit $41.456 billion, up 345.72% year over year, with DRAM prices up in the low-60s% range. CEO Sanjay Mehrotra told investors “DRAM and NAND industry demand continues to significantly exceed industry supply” and that tightness extends beyond calendar 2027. HBM4 is already in volume, with over $1 billion in HBM4 revenue shipped.
Apple leaned on the consumer franchise. iPhone revenue reached $56.994 billion, Services hit an all-time high at $30.976 billion, and Tim Cook credited “extraordinary demand for the iPhone 17 lineup“. Gross margin landed at 46.9%, healthy for hardware but a fraction of Micron’s number.
Floor Pricing vs. Sticker Shock The real story sits in Micron’s contracts. Mehrotra disclosed 16 Strategic Customer Agreements covering roughly 20% of DRAM volume and one-third of NAND volume, with RPO of approximately $100 billion. Crucially, “gross margins at the floor will be well beyond the peaks we experienced in prior cycles.” That is a polite way of saying customers signed away the downside.
Apple sits on the receiving end. According to industry context, Cupertino has been pressured to accept higher memory prices to defend hardware margins from the memory tax. The buyback machine is enormous, with a fresh $100 billion buyback authorization, yet the input costs still flow through Boise.
Lens Micron Apple Gross Margin 84.9% 46.9% Core Bet HBM4 and SCA lock-ins iPhone 17 and Services Key Vulnerability Lead-customer concentration Consumer sticker shock The iPhone 18 Cycle Will Test Both Polymarket pegs 96.2% odds on an iPhone 18 launch in 2026, meaning Apple’s next mass build hits during the tightest memory window in years. I will be watching whether Micron’s Q4 revenue guide of $50.0B and EPS of $31.00 holds as hyperscaler order books refresh, and whether Apple’s Services moat can mask hardware margin compression once consumers see the new price tags.
Why the Supplier Looks Structurally Advantaged, With Caveats For exposure to the side dictating terms in this cycle, Micron looks structurally advantaged right now. The $100 billion RPO floor and forward P/E near 7x tell me the cash flow is not fully priced in yet, even after a 296.92% year-to-date move. Apple offers a steadier profile: a $100 billion buyback and Services growth cushion the input shock. Both names carry downside risk if hyperscaler capex blinks. Memory cycles always end. This one just has unusually strong contractual scaffolding.
Micron uvedl, že umělá inteligence zásadně mění trh s paměťmi, a hlásí 16 strategických zákaznických dohod s podmínkami take-or-pay v hodnotě asi 100 miliard USD a 22 miliard USD v zákaznických zálohách a souvisejících závazcích. HBM podle firmy pokryje v roce 2026 jen 50 % až dvě třetiny poptávky.
Three times the current price would put Micron Technology (NASDAQ:MU | MU Price Prediction) somewhere around $3,000 a share. That is a number that sits above every published Wall Street target on the stock. The only way there runs through a memory supercycle that lasts longer and runs hotter than even bulls currently model. Let’s take a look at how Micron could get there, even though Goldman Sachs has a sharp counter to the whole exercise.
The June quarter that re-rated DRAM and HBM Micron’s fiscal third quarter, reported June 24, forced analysts to redraw their spreadsheets. Revenue came in at $41.456 billion, up 345.72% year over year from $9.30 billion. Non-GAAP EPS landed at $25.11 against a $20.2843 consensus. GAAP gross margin printed 84.6%, against 37.7% a year earlier. Operating cash flow of $25.388 billion in a single quarter argues for structural change beyond a normal cyclical bounce.
CEO Sanjay Mehrotra was direct about why. “The memory industry has been structurally transformed by the proliferation of AI.” Management has signed 16 strategic customer agreements with take-or-pay terms that represent roughly $100 billion in remaining performance obligations and projected $22 billion in customer cash deposits and related commitments.
The strategic supply agreement with Anthropic disclosed June 22, 2026 is the headline example. Mehrotra also said HBM can fill only 50% to two-thirds of demand in 2026.
The bull thesis writes itself from there. Micron is one of only three HBM suppliers, alongside SK Hynix and Samsung. It crossed $1 trillion in market cap in May. Year to date the stock is up 296.92%. Q4 guidance of $50 billion in revenue and $31.00 in non-GAAP EPS implies the trajectory is accelerating.
What a 3x from here actually requires At roughly $1,046.96 on June 29, a 3x outcome puts shares near $3,000. Every sell-side target sits below that. UBS is the Wall Street high near $1,625. Bank of America, Needham, Stifel and TD Cowen cluster between $1,300 and $1,600. Post-earnings, Susquehanna and DA Davidson have pushed to $2,000, which is the most aggressive published number on the desk and still well short of the headline scenario.
To get to $3,000, you need a stack of three things to break right. First, EPS power has to climb past the $31.00 ± $1.00 Q4 guide into a sustained run rate few analysts will underwrite today. Second, the multiple has to hold or expand, even though the trailing P/E already sits around 26x and the forward P/E near 7x reflects estimates that have not yet caught up to guidance.
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Third, the take-or-pay contracts have to do what Mehrotra claims, which is convert memory into something closer to a utility deserving a premium for predictable cash flows. Each of those is defensible. Obviously, none is guaranteed.
The bear case Goldman is making Goldman Sachs sits at roughly $900. Their argument is that today’s near 85% gross margins represent a cycle peak that will normalize lower. Memory has always been a synchronized capacity business, and SK Hynix, Samsung and Micron are all spending.
Micron itself guided full-year FY2026 capex to approximately $27 billion, with ID1 on track for first wafer output in mid-calendar 2027 and ID2 in late-calendar 2028. When that bit supply lands, even strong AI demand will compress pricing power. CFO Mark Murphy effectively conceded the point on the call, saying “we are at margin levels where incremental price yields less gross margin expansion.”
There is also concentration risk. Lead-customer dependence on HBM4, hyperscaler research into memory compression techniques that could cut usage by up to 40x, and the historical track record of memory cycles ending badly all sit on this side of the ledger.
The verdict The fair read is that Micron is a different company than it was 24 months ago, and the multi-year contracts genuinely change the cyclicality argument. A double over a few years is defensible on the numbers in hand.
A triple requires the supercycle to extend deep into 2028 and beyond, with margins holding far above prior peaks. Bulls have current data. Bears have cycle history. Both are right until one of them is not.
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Abbott očekává, že tržby z CGM se ve 2. čtvrtletí vrátí k dvoucifernému růstu po odeznění dočasných překážek. Získal také označení CE pro Libre Duo a Libre Duo 10 Day s duálním snímáním glukózy a ketonů.
Key Takeaways ABT expects CGM sales to return to double-digit growth after temporary second-quarter headwinds ease.ABT secured CE Mark for Libre Duo and Libre Duo 10 Day with dual glucose and ketone sensing.Abbott sees broader Volt and TactiFlex Duo PFA rollout boosting Electrophysiology growth acceleration. Abbott (ABT - Free Report) generates the largest share of its revenues from the Medical Devices unit. Sales in 2025 reached $21.39 billion, up 11.9% from the prior-year levels. That strength continued into the first quarter of 2026, with revenues rising 8.5% on a comparable basis, led by the strong performance of its cardiovascular device businesses. Abbott believes its investments in the foundational businesses like Rhythm Management and Vascular continue to pay off, even as the traditionally higher-growth segments draw most of the attention. With the July 16 second-quarter 2026 earnings approaching, several recent developments and pipeline progress are expected to help sustain this momentum, with some expected to have a greater impact as the year progresses and beyond.
In Diabetes Care, continuous glucose monitoring (CGM) sales will likely return to the double-digit growth in the second quarter, after temporary headwinds from delays in the renewal process related to an international tender and difficult prior-year comparisons. Abbott expanded the portfolio by recently securing CE Mark for Libre Duo and Libre Duo 10 Day, the world's first-ever dual glucose-ketone sensing technology designed to continuously measure glucose and ketone levels every minute.
Further, Rhythm Management could continue outperforming the broader market, supported by the strong adoption of the AVEIR leadless pacemaker. Together with ongoing investments in conduction system pacing and other novel technologies, Abbott believes the $10 billion Rhythm Management market offers substantial room to expand share and drive sustainable long-term growth.
Meanwhile, the Heart Assist Devices portfolio for the treatment of chronic and temporary conditions is expected to remain a strong contributor to the Heart Failure business. In Electrphysiology, Abbott expects growth to accelerate as it broadens the rollout of Volt and TactiFlex Duo Pulsed Field Ablation (PFA) catheters.
ABT’s Peer Activity in FocusMedtronic (MDT - Free Report) recently completed the acquisition of Scientia Vascular, a privately held medical device company in Salt Lake City. The deal is valued at $550 million, subject to customary adjustments, with potential undisclosed earn-out and milestone payments post-acquisition. The addition of Scientia's access technologies is expected to boost Medtronic’s Neuroscience Portfolio.Financially, the deal is expected to be minimally dilutive to the company’s adjusted EPS in FY 2027 and accretive thereafter.
Quest Diagnostics’ (DGX - Free Report) Haystack MRD test has been approved by the New York State Department of Health's Clinical Laboratory Evaluation Program. The circulating tumor DNA liquid biopsy test is meant for use in identifying residual or recurring disease in patients with a range of solid tumor cancers. Quest Diagnostics developed the test under CLIA regulations and has been available for clinician ordering since late 2024 in 49 states and the District of Columbia.
ABT’s Price Performance, Valuation & EstimatesOver the past year, ABT shares have plunged 30.8% compared with the industry’s 28% decline.
Image Source: Zacks Investment Research
In terms of valuation, Abbott is trading at a forward, five-year Price/Sales (P/S) of 3.11X, lower than its 4.63X median but above its industry average of 2.16X.
Image Source: Zacks Investment Research
Here’s how consensus estimates for Abbott’s 2026 and 2027 earnings have been shaping up.
Image Source: Zacks Investment Research
Abbott currently carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Eli Lilly vyskočila na historické maximum po kladném stanovisku výboru CHMP k rozšíření Jaypirca pro CLL a po oznámení, že Zepbound a Foundayo budou pro způsobilé příjemce Medicare Part D za 50 USD měsíčně od 1. července 2026.
Key Takeaways Eli Lilly reached an all-time high after Jaypirca's positive CHMP opinion and Medicare pricing updates.LLY's Jaypirca label expansion filing now heads to the EC after CHMP backed broader CLL use.Eli Lilly will offer eligible Medicare Part D patients Zepbound and Foundayo for $50 monthly. Shares of Eli Lilly (LLY - Free Report) rose more than 7% on Friday after the company announced several positive developments related to its marketed products.
An EMA advisory committee recommended approving the company’s filing seeking label expansion for the oncology drug Jaypirca (pirtobrutinib) to treat adults with chronic lymphocytic leukemia (CLL) across all lines of therapy.
The momentum was further boosted after Lilly announced that its popular obesity drugs, Zepbound and Foundayo, will be available via Medicare for $50 per month starting from July 1, 2026.
LLY Stock PerformanceFollowing these announcements, Lilly's shares climbed to an all-time high of $1,215.76. While neither development materially changes the company's near-term outlook, both strengthen its long-term growth prospects. Expanded Medicare access to its obesity drugs could improve patient affordability and support continued growth for its blockbuster metabolic franchise. Meanwhile, the positive recommendation for Jaypirca not only strengthens Lilly's oncology portfolio but also diversifies its growth across therapeutic areas.
Year to date, the stock has risen 12.4% compared with the industry’s 11.6% growth.
Image Source: Zacks Investment Research
CHMP Backs Lilly’s Filing for Jaypirca Label ExpansionJaypirca is currently approved in the European Union to treat adult patients with relapsed or refractory CLL who have been previously treated with a BTK inhibitor. The latest CHMP opinion supports expanding its use to adults with CLL across all lines of therapy, regardless of prior BTK inhibitor treatment, significantly broadening the drug's potential patient population.
Lilly’s regulatory filing has now been referred to the European Commission (“EC”), with a final decision expected within the next one to two months. While the EC is not obligated to follow the CHMP's recommendation, it generally does.
The positive opinion is supported by positive data from two late-stage studies. One study evaluated Jaypirca against a chemoimmunotherapy regimen (bendamustine plus rituximab) in treatment-naïve CLL patients. The other compared Lilly’s cancer pill with AbbVie’s (ABBV - Free Report) /J&J’s (JNJ - Free Report) Imbruvica (ibrutinib) in treatment-naïve patients as well as previously treated patients who were BTK inhibitor-naïve. A similar regulatory filing is also under review with the FDA, with a final decision expected before this year’s end.
Medicare Access Expands Reach of Lilly's Obesity DrugsLilly also announced that eligible Medicare Part D beneficiaries prescribed Zepbound or Foundayo for obesity will be able to access the medicines for $50 per month starting next month. The initiative is aimed at improving affordability and expanding access to the company's two obesity drugs, the once-weekly injection Zepbound and daily pill Foundayo.
The move could further strengthen Lilly's competitive position against Novo Nordisk (NVO - Free Report) , which markets Wegovy in both injectable and oral formulations. While Lilly's obesity therapies have demonstrated superior efficacy in clinical studies, NVO's Wegovy products have a longer commercial track record and a well-established safety and tolerability profile. By improving affordability for Medicare beneficiaries, Lilly could further expand the reach of its obesity franchise in an increasingly competitive market. The company estimates that 20 million Medicare patients could meet clinical criteria for obesity medicines.
LLY Zacks RankEli Lilly currently carries a Zacks Rank #3 (Hold).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Ademi LLP prověřuje, zda Iridium při transakci s Rocket Lab za zhruba 8,0 miliardy USD získává pro akcionáře spravedlivou cenu. Akcionáři mají za každou akcii Iridium obdržet 27,00 USD v hotovosti a akcie Rocket Lab.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Ademi LLP is investigating Iridium (NASDAQ: IRDM) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Rocket Lab.
Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.
Iridium shareholders will receive $27.00 in cash and Rocket Lab common stock for each Iridium share, based on a notional value of $54.00 per share in a cash-and-stock transaction valued at approximately $8.0 billion. The stock exchange ratio is subject to a collar banded between $67.50 and $112.50.
Iridium insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Iridium by imposing a significant penalty if Iridium accepts a competing bid. We are investigating the conduct of the Iridium board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Fortinet zvýšil celoroční výhled pro rok 2026 po růstu tržeb o 20 % na 1,85 miliardy USD v 1. čtvrtletí. Firma zároveň uvedla nové modely FortiGate G Series 3500G a 400G a cloudovou platformu FortiSOC.
Key Takeaways Fortinet expanded FortiGate with new G Series models and launched the FortiSOC cloud SOC platform.FTNT posted 20% Q1 revenue growth, record free cash flow and raised full-year 2026 guidance.Fortinet balances FortiGate hardware growth with FortiSOC expansion amid rollout and adoption challenges. Fortinet's (FTNT - Free Report) push to expand its FortiGate hardware lineup and cloud-delivered security operations platform is reigniting investor attention on the cybersecurity firm's growth runway. The company recently widened its FortiGate G Series with the 3500G and 400G models, built on its proprietary NP7 and SP5 processors and running FortiOS 8.0, the operating system introduced in March 2026 with AI-driven security, SASE and quantum-safe capabilities.
The FortiGate 3500G targets high-density data centers, delivering 595 Gbps of firewall throughput and support for 179 million concurrent sessions, while consuming just 1.6 watts per Gbps of throughput. The FortiGate 400G, aimed at enterprise edges, offers 164 Gbps of firewall throughput and 28 million concurrent sessions. On the cloud side, Fortinet in June 2026 launched FortiSOC, a unified, cloud-delivered security operations platform that consolidates six SOC functions into a single SaaS experience with embedded agentic AI for alert investigation and response.
These product moves followed a strong first quarter. Revenues grew 20% year over year to $1.85 billion, with product revenues increasing 41% to $645 million and billings rising 31% to $2.09 billion. GAAP operating margin came in at 31%, non-GAAP operating margin at 36%, and non-GAAP EPS rose 41% to 82 cents, alongside record free cash flow of $1.01 billion. Management raised full-year 2026 revenue guidance to roughly 15% year-over-year growth, with full-year revenues now expected between $7.71 billion and $7.87 billion and non-GAAP operating margin guided to 33-36%.
The growth narrative isn't without friction. Product revenue strength reflects a hardware refresh cycle that can be lumpy, and the FortiSOC rollout currently spans only the U.S. and EMEA at launch, with broader regional expansion planned through 2026 — meaning near-term cloud contribution remains modest relative to the installed base. FortiSOC also layers onto, rather than replaces, existing tools like FortiAnalyzer and FortiSIEM, raising questions about how quickly customers migrate. Even so, the combination of differentiated ASIC-based hardware economics and an expanding SaaS security-operations footprint gives Fortinet two distinct growth levers heading into the back half of 2026, with execution against raised guidance the next test for the stock.
How Rivals Palo Alto Networks and Check Point CompareOn the same firewall-and-cloud-SOC theme, Palo Alto Networks (PANW - Free Report) and Check Point Software (CHKP - Free Report) offer contrasting benchmarks. Palo Alto Networks posted second-quarter fiscal 2026 revenues of $2.6 billion, up 15% year over year, with product revenues up 22%, while its Cortex XSIAM cloud SOC platform helped drive next-generation security ARR up 33% to $6.33 billion. Check Point, by contrast, reported first-quarter 2026 revenues of $668 million, up just 5%, with security subscriptions rising 11% to $323 million, as weaker firewall appliance revenues tied to go-to-market execution changes weighed on results. Against Palo Alto Networks' faster cloud-platform ARR growth and Check Point's appliance-driven softness, Fortinet's FortiGate hardware gains and FortiSOC launch position it between the two on execution.
FTNT’s Share Price Performance, Valuation & EstimatesFortinet shares have gained 88.5% in the past six-month period, outperforming the Zacks Security industry and the broader Computer and Technology sector’s growth of 48.4% and 11.6%, respectively.
FTNT’s 6-Month Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, FTNT appears overvalued, trading at a forward 12-month price-to-earnings ratio of 46.41, higher than the sector's average of 23.39. The company carries a Value Score of F.
FTNT’s Valuation
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Fortinet’s earnings is pegged at $3.13 per share for 2026, which implies year-over-year growth of 13.41%.
Fortinet currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
McCormick oznámil silné 2. čtvrtletí: tržby vzrostly o 16,7 % a upravený EPS stoupl na 80 centů. Firma zároveň potvrdila plánovanou akvizici potravinářské divize Unileveru.
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52-Week Range$44.82▼
$78.03Dividend Yield3.72%
P/E Ratio8.54
Price Target$60.50
McCormick & Company’s NYSE: MKC share price is a steal as of mid-2026, down 50% from record highs ahead of a potentially game-changing deal.
The proposed combination with Unilever’s food business could triple the business, generate shareholder value, and provide sufficient cash flow to enable balance sheet quality and capital returns.
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Balance sheet safety is one of the reasons the share price is down so much. The transaction includes a $15.7 billion cash payment to Unilever, with McCormick relying on cash on hand and new debt to fund that portion of the deal. That added debt is a key reason investors are focused on the company’s post-close leverage.
The bad news is that McCormick’s leverage ratio will rise to a higher-than-wanted 4.0x EBITDA, but there is good news to offset the bad.
Already carrying investment-grade debt ratings from all major ratings agencies, McCormick’s executives have expressed a commitment to reducing the debt quickly. Plans are in place to drive it below the targeted 3x level within two years, which would provide a tailwind for shareholder value.
High-Quality McCormick & Company Presents Deep Value in 2026As it stands, McCormick is in a healthy financial position and growing its business. In this environment, the roughly 8x current year earnings are a deep discount to historical norms.
Typically trading in the mid-20x range, valuation metrics suggest a robust valuation expansion is possible over time, compounding the impact of growth. The company is expected to sustain organic growth without the merger, potentially accelerating it in the wake. Estimates as of late-June suggest much lower valuations relative to long-term forecasts, setting the stage for several hundred basis points of stock price gains over the next three to five years.
Analyst trends play into MKC’s price decline as well as the long-term outlook.
While price targets have declined, the low end aligns with the late-June price action, suggesting a floor is in place.
Within that, the consensus Hold rating comes with a 46% Buy-side bias, which, given the 13 analysts covering the stock, provides some conviction in the outlook.
In this scenario, MKC could rebound at any time with the right catalyst and will likely move sideways until one emerges. Upcoming catalysts include milestones tied to the Unilever merger, such as the expected announcement of a European secondary listing location and regulatory approvals in the United States and United Kingdom.
Institutional trends highlight the value and underpin market support as June nears its end. The group owns nearly 80% of the stock and has accumulated shares at a semi-aggressive pace over the trailing 12 months, despite distributing in Q1 2026. The critical detail is that accumulation resumed in Q2 at an aggressive $10-to-$1 pace and will likely remain supportive of price action, given the company’s core strengths and a value-building merger opportunity.
McCormick Outperformance: Organic and Acquisitions Shine ThroughMcCormick & Company had a solid Q2 with growth underpinned by organic strength and the acquisition of McCormick de Mexico. Revenue grew by 16.7%, with 1.7% organic sales growth, driven by a 2.2% increase in average prices. Both segments reported strength, led by a 2.9% organic increase in flavor solutions, with both segments amped by acquisition-related growth.
Margin news is also good. The acquisition is driving significant back-end consolidations and cost savings, leading to improved gross and operating margins. Adjusted gross margin improved by 270 bps, adjusted operating by 180 bps, leaving adjusted earnings per share (EPS) at 80 cents, up 11 cents year-over-year (YOY) and 11 cents or 1600 bps better than expected.
Catalysts and a Risk-Reducing, High-Yielding Dividend McCormick & Company, Incorporated Dividend PaymentsDividend Yield3.72%
Annual Dividend$1.92
Dividend Increase Track Record38 Years
Annualized 5-Year Dividend Growth7.74%
Dividend Payout Ratio31.95%
Upcoming Ex-Dividend DateJul. 6
MKC Dividend History
Guidance is a catalyst for share prices because the company merely reaffirmed it, despite the FQ2 strengths. The market assumes the guidance is cautious and expects the Q2 strength to be sustained in the upcoming release.
McCormick’s dividend is a risk-reducing factor for investors. The ultra-low share price results in an ultra-high yield, approximately 4% with shares around $50, and it is a reliable payment.
The company is a Dividend Achiever with nearly 40 years of consecutive annual distribution increases, and is on track to hit the 50-year mark and be crowned a Dividend King.
McCormick’s position as a consumer staples company gives it some defensive qualities, but the stock still faces risks tied to pricing, volume, consumer trade-down behavior, and merger execution. Consumer headwinds have shoppers trading down on center-of-plate costs in favor of flavors. Cheap cuts and starches work well with bold, zesty, and spicy flavors, and McCormick is a leading source. Execution risk is the bigger headwind, as delays could be reflected in the stock's price. The worst-case scenario is that the merger is completed, but synergies fail to yield the desired results.
Should You Invest $1,000 in McCormick & Company, Incorporated Right Now?Before you consider McCormick & Company, Incorporated, you'll want to hear this.
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HomeGoods v 1. čtvrtletí fiskálního roku 2027 zvýšil srovnatelné tržby o 9 % a tržby v USA o 11 % na 2,51 miliardy USD. Segmentová marže se zvedla o 270 bazických bodů na 12,9 %.
Key Takeaways HomeGoods delivered 9% comparable sales growth in fiscal Q1, outpacing TJX's larger banners.Net sales in the HomeGoods U.S. division rose 11% to $2.51B as demand broadened across regions.Segment margin expanded 270 basis points to 12.9%, signaling rising efficiency and scale. The TJX Companies, Inc.’s (TJX - Free Report) HomeGoods banner is increasingly looking like more than just a complementary business within the retailer's portfolio. The chain is emerging as a meaningful earnings contributor as its scale, sales momentum and profitability continue to improve.
The latest quarter highlighted that shift. HomeGoods posted a 9% comparable sales increase in the first quarter of fiscal 2027, outpacing the company's larger banners and demonstrating broad-based demand across regions and customer income groups. Net sales in the HomeGoods (United States) division rose 11% year over year to $2,506 million. More importantly, profitability improved at an even faster pace, with segment margin expanding 270 basis points to 12.9%.
The performance also reinforces the strength of HomeGoods' merchandising proposition. The banner continues to attract shoppers with an eclectic assortment of home fashions and furnishings sourced from around the world and offered at compelling values through its off-price model. The broad-based growth across regions and income demographics suggests that its appeal extends well beyond a specific customer segment.
Just as importantly, strong sales momentum is translating into higher profitability. The expansion in segment margin indicates that HomeGoods is not only growing faster but also becoming a more efficient business as it gains scale. The latest results suggest the banner is strengthening the contribution to TJX's earnings mix and establishing itself as an increasingly important profit engine within the portfolio.
TJX and Peers See Similar DynamicsRoss Stores (ROST - Free Report) achieved strong growth through disciplined execution of its off-price model. Driven by robust customer traffic, Ross Stores delivered a stellar 17% comparable store sales increase in the first quarter of fiscal 2026. The broad-based gains across income levels, age groups and ethnicities underscore the banner's wide consumer appeal. Importantly, Ross Stores translated this sales momentum into stronger profitability, with operating margin expanding 120 basis points to 13.4%.
Burlington Stores, Inc. (BURL - Free Report) has been benefiting from the disciplined execution of its off-price model. In the first quarter of fiscal 2026, Burlington Stores reported 6% comparable store sales growth and a 14% increase in total sales. Disciplined inventory management, faster inventory turns and an ability to chase trends enabled Burlington Stores to convert sales growth into margin expansion and consistent earnings growth.
TJX’s Price Performance, Valuation and EstimatesShares of The TJX Companies have gained 1.8% in the past month compared with the industry’s growth of 2%.
Image Source: Zacks Investment Research
From a valuation standpoint, TJX trades at a forward price-to-earnings ratio of 28.93X, down from the industry’s average of 30.91X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for The TJX Companies’ fiscal 2027 and 2028 earnings per share has inched up 2 cents and 1 cent to $5.17 and $5.67, respectively, in the past 30 days.
Image Source: Zacks Investment Research
TJX currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Chipotle Mexican Grill (CMG 1.62%) issued a 50-for-1 split on June 26, 2024, making its then roughly $3,000 share price more affordable. But that almost marked the peak. The stock is currently down 53% from its all-time high.
It wasn't the split, but rather weakening sales performance in the business itself that followed the departure of former CEO Brian Niccol. Here are three reasons Chipotle has fallen from its pedestal.
Image source: The Motley Fool.
1. Slowing revenue growth Since 2024, Chipotle's revenue growth has declined amid inflationary costs and weak comparable sales. When the company issued its stock split, revenue was up 18% year over year in Q2 2024. Comp sales grew 11%, with transaction growth up 8.7%.
In May 2025, there was a noticeable slowdown in underlying business trends amid weakening consumer sentiment. For the full year, revenue grew just 5% over 2024, with comp sales declining by 1.7%.
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2. Higher costs pressured margins As sales weakened, Chipotle faced higher costs for rent, labor, and food ingredients. As a result, restaurant-level margin fell from 26.7% in 2024 to 25.4% in 2025. The company is still struggling to offset higher costs, with restaurant-level margins down to 23.7% in the first quarter of 2026.
Chipotle might have compounded this problem by lowering prices for some items. It prioritized keeping traffic up at the expense of its bottom line. Quarterly earnings peaked at $0.33 in Q2 2024. In Q1 2026, the company reported a 17% year-over-year decrease in earnings, falling to $0.23.
3. Uncertainty from leadership change Niccol took the CEO job at Starbucks in September 2024. While Chipotle's weakening performance is most correlated with the broader weakness in consumer spending, a change in CEO always creates uncertainty about the future, which can impact a company's valuation.
There's a reason Starbucks chose Niccol to lead its turnaround. Niccol proved to be a superb business operator at Chipotle. Under his leadership from 2018 through the third quarter of 2024, Chipotle more than doubled its revenue and doubled its operating profit margin. From the end of 2014 through Q3 2024, the stock returned 567%.
After the recent collapse, Chipotle stock is now trading at its lowest price-to-earnings ratio in years. It could be a great time to buy, but time will tell whether the new CEO, Scott Boatwright, is as successful as Niccol. The latest results showed improvement in top-line growth. Revenue grew 7.4% year over year, with comp sales up 0.5%.
Still, until costs get under control and earnings improve, the stock will likely remain discounted. Investors should watch for signs that food inflation is waning, as that would mark a catalyst for stronger margins and earnings.
DICK'S Sporting Goods rozšiřuje koncept House of Sport jako škálovatelný růstový formát a letos plánuje otevřít 14 těchto prodejen a 22 poboček Field House. Koncept dál zvyšuje srovnatelné tržby, ziskovost i návratnost investic.
Key Takeaways DICK'S House of Sport is evolving into a scalable platform for long-term, experience-led growth.DICK'S plans to open 14 House of Sport and 22 Field House locations this year.House of Sport stores are driving comps, profitability, ROI and stronger landlord relationships. DICK'S Sporting Goods Inc. (DKS - Free Report) appears to be entering a new phase of growth as its House of Sport concept evolves from an innovative retail format into a scalable long-term growth platform. What began as an effort to create immersive shopping destinations is increasingly becoming a strategic advantage that is reshaping customer engagement, attracting premium brand partnerships and strengthening the company's real estate portfolio.
Management highlighted House of Sport as a central pillar of its growth strategy, alongside the smaller Field House format, with plans to open 14 House of Sport and 22 Field House locations this year. Strong landlord demand is also giving DICK'S access to premier retail destinations, allowing the company to be more selective about future locations while positioning the business for greater long-term shareholder value.
Importantly, the concept is proving financially attractive. Management noted that House of Sport stores continue to generate comparable sales growth even in their third and fourth years of operation, while delivering strong profitability and returns on investment. Beyond the direct financial contribution, the stores encourage athletes to spend more time and money, create a compelling stage for premium and emerging brands such as Vuori and Gymshark, and strengthen relationships with landlords through increased traffic to shopping centers.
The benefits are also extending beyond the flagship locations. DICK'S noted that merchandising, experiential selling and elevated service developed for House of Sport are increasingly influencing the broader store fleet, including the smaller Field House concept. As these capabilities spread across the network, House of Sport is becoming more than a successful store format. It is evolving into the foundation of DICK'S next phase of profitable, experience-driven growth.
DKS’ Zacks Rank & Share Price PerformanceShares of this Zacks Rank #3 (Hold) company have rallied 25.5% in the past three months against the industry’s decline of 5.8%. The stock also outperformed the broader Retail-Wholesale sector’s 4.3% rise and the S&P 500’s 16.3% growth in the same period.
DKS Stock's Past 3-Month Performance
Image Source: Zacks Investment Research
Is DICK'S a Value Play?DKS shares are currently trading at a forward 12-month price-to-earnings (P/E) multiple of 15.86X, slightly above the industry’s average of 15.2X.
Image Source: Zacks Investment Research
Key PicksTapestry Inc. (TPR - Free Report) is the designer and marketer of fine accessories and gifts for women and men in the United States and internationally. The company sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The consensus estimate for Tapestry’s fiscal 2026 sales and earnings suggests growth of 13.8% and 36.3%, respectively, from the year-ago reported figures. TPR delivered a trailing four-quarter earnings surprise of 15.6%, on average.
Five Below, Inc. (FIVE - Free Report) , which operates as a specialty value retailer, currently flaunts a Zacks Rank #1. FIVE delivered a trailing four-quarter earnings surprise of 70.1%, on average.
The Zacks Consensus Estimate for Five Below’s fiscal 2026 sales and earnings suggests growth of 14.7% and 34.3%, respectively, from the year-ago reported figures.
Genesco Inc. (GCO - Free Report) operates as a retailer and wholesaler of footwear, apparel and accessories. The company sports a Zacks Rank #1 at present.
The Zacks Consensus Estimate for Genesco’s fiscal 2026 sales calls for a decline of 0.02%, and estimates for earnings suggest a 55.2% increase from the year-ago reported figures. GCO delivered a trailing four-quarter earnings surprise of 3.8%, on average.
Constellation uzavřela dlouhodobou PPA s Walmartem na téměř 176 MW bezemisní elektřiny z Dresdenu ve dvou 15letých smlouvách začínajících v letech 2029 a 2030. Dříve podepsala 20letou smlouvu s Meta na 1 121 MW z Clintonu.
Key Takeaways Constellation's nuclear PPAs with Walmart and Meta highlight rising demand for clean power. CEG will supply Walmart nearly 176 MW from Dresden under two 15-year contracts starting in 2029. Constellation's Meta deal supports Clinton operations, adds 30 MW and generates $13.5M in annual taxes. Constellation Energy Corporation (CEG - Free Report) benefits from increasing demand for dependable, carbon-free energy from commercial and industrial customers. Its large-scale nuclear fleet, proven operational expertise and ability to structure customized long-term power purchase agreements (PPA) create a durable competitive advantage.
On June 23, 2026, the company announced that it had entered into a long-term PPA with Walmart to provide nearly 176 megawatts (MW) of emissions-free electricity from the Dresden Clean Energy Center in Illinois under two 15-year contracts starting in 2029 and 2030. The agreement highlights the increasing value of existing nuclear assets as businesses seek reliable, carbon-free electricity through long-term power agreements.
Earlier, in June 2025, Constellation signed a 20-year agreement to supply Meta with 1,121 MW of emissions-free nuclear power from the Clinton Clean Energy Center starting in 2027. The deal supports the plant's continued operations, funds upgrades that add 30 MW of capacity and generates $13.5 million in annual tax revenues.
The company's long-term PPA agreements with Meta and Walmart demonstrate the rising importance of its nuclear fleet in meeting growing clean energy demand. Constellation is well-positioned to secure more long-term power agreements as companies accelerate their carbon reduction efforts.
Constellation, by improving the performance of its existing nuclear plants and making strategic investments, will be able to accommodate more PPAs with customers in the long run, which in turn will boost earnings and cash flow.
Long-Term PPAs Drive Future GrowthLong-term PPAs provide stable, predictable revenues, shield companies from wholesale electricity price volatility and facilitate investment in new power generation projects. They also strengthen customer relationships and create opportunities for capacity expansion, ultimately supporting long-term earnings growth and shareholder value.
On Feb. 24, 2026, AES Corporation (AES - Free Report) stated that it has entered into a 20-year PPA with Google to develop co-located energy projects for a new data center in Texas.
On Feb. 9, 2026, TotalEnergies (TTE - Free Report) announced it has entered into two 15-year power purchase agreements with Google to supply 1 gigawatt of solar power from projects under development in Texas.
CEG’s Earnings EstimatesThe Zacks Consensus Estimate for 2026 and 2027 EPS indicates an increase of 25.03% and 16.02%, respectively, year over year.
Image Source: Zacks Investment Research
CEG’s Returns on Equity (ROE)Constellation's trailing-12-month ROE is 16.81%, ahead of the industry average of 7.15%.
Image Source: Zacks Investment Research
CEG’s Stock Price PerformanceIn the past month, the company’s shares have plunged 0.6% against the industry’s 1% growth.
FDA vydala společnosti Lantheus úplný zamítavý dopis k LNTH-2501 kvůli nevyřešeným výrobním podmínkám u třetí strany. Agentura neuvedla žádné problémy s daty, bezpečností ani účinností.
FDA Issues Complete Response Letter For Lantheus Imaging AgentThe FDA stated unresolved third-party facility manufacturing-related conditions.
The third-party facility is responsible for drug product manufacturing. Satisfactory resolution of the unresolved facility inspection-related conditions is required before the LNTH-2501 NDA may be approved.
The CRL did not identify any concerns regarding the data submitted by Lantheus in support of the application, nor did it identify any issues related to the safety or efficacy of LNTH-2501.
In March, the FDA extended the PDUFA date for LNTH-2501 by three months to June 29, 2026, to allow additional time to review manufacturing-related information.
The agency said that the standard review extension is not related to the efficacy or safety data of LNTH-2501.
William Blair Delays Octevy Sales ForecastWilliam Blair on Monday wrote, “While we are disappointed by the setback, we are encouraged that the complete response letter (CRL) does not appear to be clinical in nature.”
In light of the CRL, analyst Andy Hsieh pushed back initial sales of Octevy by one year in the model to the first quarter of 2028 from the first quarter of 2027 previously.
Octevy is a PET diagnostic imaging agent for certain neuroendocrine tumors.
Analyst Highlights Improving Fundamentals, Growth CatalystsTaking a step back, William Blair wrote that the fundamentals for Lantheus are improving as the company navigates through challenging pricing dynamics before transitioning the market to Pylarify TruVu at the end of the year.
The analyst said that the ongoing launch of Neuraceq, coupled with the anticipated approval of MK-6240 (tau-directed diagnostic PET agent for Alzheimer’s disease), provides multiple drivers to reinvigorate top-line growth.
LNTH Price Action: Lantheus Holdings shares were trading down 0.50% at $109.25 at the time of publication on Monday. The stock is trading near its 52-week high of $111.46, according to Benzinga Pro data.
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Bloom Energy letos vzrostla téměř o 275 % díky poptávce po AI infrastruktuře a novým zakázkám na palivové články. V prvním čtvrtletí tržby stouply o 130,4 % na 751,1 milionu USD.
Bloom Energy's (BE +7.03%) stock has transformed from being an overlooked fuel cell company to one of the most closely watched artificial intelligence (AI)-driven power plays.
Shares of the company are up nearly 275% so far in 2026, pushing the market capitalization to about $93 billion. This is a steep valuation for a company guiding for $3.4 billion to $3.8 billion in fiscal 2026 revenue.
So the question is whether Bloom's AI power opportunity can justify its valuation.
Image source: Getty Images.
Bloom is solving a real AI infrastructure problem AI data centers need massive amounts of reliable power, and the electricity grid cannot always provide it quickly. The International Energy Agency expects global data center electricity use to roughly double from 2024 levels to around 945 terawatt-hours by 2030.
Bloom's on-site fuel cell systems are increasingly relevant, as they can help customers add power faster than waiting for new grid infrastructure. Oracle has already signed up for an initial 1.2 gigawatts of Bloom's fuel cell capacity for projects in the U.S., with the broader agreement leaving room for that figure to rise to as much as 2.8 gigawatts. The company claimed that it delivered a fully operational Oracle fuel cell system in just 55 days in 2025, ahead of the expected 90-day schedule.
Oracle, BorderPlex Digital Assets, and Bloom's Project Jupiter further strengthen the story. The New Mexico AI data center campus is expected to use up to 2.45 gigawatts of Bloom fuel cell capacity instead of planned gas turbines and diesel generators. The setup could provide faster onsite power, dramatically lower local emissions, and use negligible water.
Additionally, Brookfield Asset Management plans to invest up to $5 billion to deploy Bloom's technology for AI infrastructure. American Electric Power has agreed to buy up to 1 gigawatt of Bloom fuel cells, starting with a 100-megawatt order. Hence, electric utility companies and infrastructure investors are also seriously considering Bloom.
The financials are also improving. In the first quarter , Bloom's revenue rose 130.4% year over year to $751.1 million. Gross margin reached 30%, operating margin was 17.3%, and operating cash flow was $73.6 million. Bloom also exited fiscal 2025 with roughly $6 billion of product backlog and $14 billion of service backlog.
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269.73
Risks cannot be ignored Bloom currently trades at a rich valuation of nearly 38 times trailing 12-month sales. The company is also exposed to significant customer concentration risk. In Q1, two customers accounted for about 50% and 12% of total revenue.
So while Bloom has become a major AI infrastructure supplier with strong customer validation and rapidly improving numbers, the easy money may already have been made after its sharp 2026 rally. Investors interested in the stock may be better off building a position gradually, rather than buying aggressively after such a large move.
Manali Pradhan, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bloom Energy, Brookfield Asset Management, and Oracle. The Motley Fool has a disclosure policy.
UBS zvýšila cílovou cenu Marvell na 340 USD z 230 USD díky rostoucí poptávce po CXL v datových centrech pro umělou inteligenci. Banka čeká, že tržby z CXL dosáhnou v roce 2027 asi 1 miliardy USD.
Marvell Technology could have more room to run after its sharp rally this year.
UBS became the latest brokerage to turn more bullish on the semiconductor company as artificial intelligence infrastructure spending accelerates demand for next-generation connectivity products.
The brokerage raised its price target on Marvell to $340 from $230, implying roughly 27.5% upside from Friday's closing price.
UBS also lifted its target on Astera Labs to $400 from $205 while maintaining a Neutral rating, saying both companies stand to benefit from the rapid adoption of Compute Express Link (CXL), a technology increasingly viewed as essential for AI data centers.
Marvell's MRVL share price was trading lower by about 1% on Monday though.
UBS said CXL, a cache-coherent, low-latency, high-bandwidth interconnect built on PCIe, is becoming a critical technology as AI workloads require memory systems with significantly higher capacity and faster data movement.
"CXL is becoming a critical enabling technology. We believe MRVL has the leading market share in CXL products to date, but we do see ALAB becoming a larger player," analyst Timothy Arcuri wrote in a note to clients on Monday.
The brokerage expects demand for CXL products to rise sharply as data centers evolve beyond conventional server architectures toward rack-wide and multi-rack memory fabrics connecting CPUs and XPUs.
UBS estimates the addressable market for CXL-related ASIC attachment products could grow to between $7 billion and $10 billion by 2030.
While Marvell currently leads the market, UBS expects competition to increase over time, with Astera Labs and Broadcom emerging as more significant players as adoption expands.
Reflecting stronger demand expectations, UBS increased its revenue forecasts for Marvell over the next two years.
The brokerage expects CXL-related revenue to reach about $1 billion in 2027, driven primarily by XPU connectivity inside AI server racks, supported by growing demand for agentic AI running on CPUs.
It also projects Marvell's CXL revenue will climb to roughly $2 billion in 2028.
Overall, UBS raised its 2027 revenue estimate to $16.8 billion from $16.5 billion and increased its 2028 forecast to $23.9 billion from $21.9 billion.
The brokerage also lifted earnings-per-share estimates to $6.23 for 2027 and $9.62 for 2028, compared with previous forecasts of $6.09 and $8.60.
Marvell, which now commands a market capitalization of roughly $233 billion, has posted revenue growth of 34% over the past 12 months and its shares have surged about 190% in 2026, significantly outperforming the broader S&P 500.
Marvell has long been viewed as a beneficiary of the AI boom because of its custom application-specific integrated circuits (ASICs) designed for hyperscale cloud providers.
However, analysts increasingly believe the company's networking business could prove even more valuable over the longer term.
Earlier this month, analysts led by John Vinh raised Marvell's price target by 48% to $385 from $260 while reiterating an Overweight rating. The stock climbed 14% after that report.
Following an investor meeting with Marvell, KeyBanc said it had become increasingly optimistic about the company's optical networking business, arguing that it could offer a more durable growth opportunity than custom AI chips.
The firm noted that increasingly powerful AI data centers require optical transceivers to move massive volumes of information by converting electrical signals into light.
Marvell supplies the digital signal processors used inside those transceivers.
"Networking represents the most significant and durable growth opportunity," Vinh wrote, estimating the addressable market could reach approximately $30 billion by 2030.
He added that Marvell appears well positioned to capture a significant share of that opportunity as AI infrastructure spending continues to expand.
Lululemon čelí další ráně důvěry po kritice za kulturní necitlivost v Číně. Firma už dříve varovala před poklesem čistých tržeb o 2 % až 3 % ve druhém čtvrtletí.
SHENYANG, CHINA - JUNE 13: Hundreds of yoga enthusiasts practice yoga at the Sun Square of Shenyang Grand Theatre on June 13, 2026 in Shenyang, Liaoning Province of China. (Photo by Cai Jingyu/VCG via Getty Images)
VCG via Getty Images
At a May 30 promotional event on the Great Wall of China, the company featured a giant Japanese taiko drum instead of a culturally appropriate Chinese dagu drum for a musical performance. The misstep immediately sparked backlash for cultural insensitivity and drew over 50 million views on Weibo—other Western brands, including H&M, Dolce & Gabbana, Dior, Burberry, and Gucci, have been caught in similar cultural crosshairs.
It took Lululemon over two weeks to acknowledge the mistake and issue an apology on Weibo, pledging its commitment to honoring Chinese culture—a critical priority for Western brands doing business in China—and accepting responsibility for an inadequate planning and review process.
As global communications firm Edelman said, “Trust is the currency of consumer power,” and another misstep gives loyal customers an excuse to leave the brand and potential customers a reason to look elsewhere—something Lululemon can ill afford now as its business growth slows, leadership is in transition and its stock price is down 50% this year.
Plagued By ControversiesControversies have haunted Lululemon almost from the beginning in 1998 under founder Chip Wilson. He explained that the company name with multiple L’s was originally chosen because it was a letter that Japanese people couldn’t pronounce. “It’s funny to watch them try to say it,” he infamously said.
He later walked it back later by saying the name is “innately North American and authentic” because the letter L does not exist in Japanese phonetics. The Chinese drum controversy recalled those remarks, reinforcing the perception that Lululemon still struggles with cultural awareness.
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Wilson continued to make highly controversial remarks throughout his tenure with the company, which officially ended in 2015. Though as the company’s single largest shareholder, he has persisted in speaking out publicly against leadership’s decisions, most recently in his proxy battle to get his chosen picks on the board.
Back in the day, Wilson defended not offering clothing for plus-sized women because such larger sizes were too expensive to make and he blamed excess pilling in some designs because women were wearing the clothing wrong or had a body shape that wasn’t suitable to its designs.
Beyond such insensitive remarks, the company had a major quality issue in 2013 after widespread complaints emerged that its yoga pants were too sheer. That led to millions of yoga pants being recalled and a reputational crisis for the brand.
Lululemon was hit with further complaints about sheerness in its Align leggings in 2021 and again in 2025. Early this year is got the same complaints for its Get Low leggings, causing the company to temporarily halt online sales. Plus, in 2024, the Breezethrough leggings were pulled for quality issues.
It also was caught making false claims about the health benefits of products made with seaweed-infused fabrics. In 2007, the Canada’s Competition Bureau ruled the company’s claims of anti-inflammatory, detoxifying qualities in its Vitasea product line were unsubstantiated, false and misleading and forced the company to remove all such health benefit claims from its advertising and marketing.
And most recently, in April, the Texas Attorney General Ken Paxton has launched an investigation into Lululemon’s use of PFAS, so-called “forever chemicals” that don’t break down in the environment and may have negative health effects. The company claims it phased out use of the substances in early 2024 and is cooperating with the state. However, it’s one more black eye against the company.
Taken together, these controversies suggest a pattern that Lululemon has never fully put behind it. They invite debate about whether the most recent missteps will quickly fade from memory or if they deepen a persistent trust problem for the brand.
Clouds Of UncertaintyThe general consensus is that the latest China misstep will leave no permanent damage. BNP Paribas analyst Laurent Vasilescu said, “The push back tends to be a short-term headwind.” And RepTrak’s Stephen Hahn noted any reputational damage will remain confined to the local market and have no long-term impact globally. “This story is less likely to drum up any major reputational noise about Lululemon outside of China.”
However, the China drum incident, paired with the Texas AG’s PFAS investigation, reopens the question of whether Lululemon is a brand consumers can trust. It refreshes memories of past controversies and casts the company once again in a negative light.
Notably, during the first-quarter earnings call, the company acknowledged it experienced “spikes of negative commentary” in the media and across social media—including in China where brand momentum slowed after a strong Chinese New Year. And that was before the Great Wall of China fiasco, casting a cloud over second-quarter results, potentially even beyond.
Customer trust is the key metric. Edelman’s global research among 15,000 consumers in 15 countries found 88% rank trust equally important to “ best quality” and “good value for the money” when making a purchase decision. Lululemon is challenged on all counts—quality questions persist, value is threatened amid rising prices and trust shaken by cultural missteps and regulatory scrutiny.
GlobalData retail analyst and managing director Neil Saunders told CBS News earlier this year that Lululemon’s products have become “junkified,” adding, “What it suggests is that there’s kind of a lack of quality control, there’s a lack of care, there’s a lack of attention to detail.”
Reasons To FleeConsumers have a long memory when controversies around a brand’s cultural sensitivity and product quality issues resurface again and again—a memory that shapes how they interpret its latest controversies and could drive them to look elsewhere. And unlike in Lululemon’s early days, the competition is coming on strong.
Privately-held Vuori has reached a market cap of $5.5 billion valuation after a recent investment round. It’s on a path to 100 global stores, including five just opened in China, and an IPO is rumored to be in the works.
Alo Yoga has about 130 stores globally, with plans to open a 7,000-square-foot, two-story Hong Kong waterfront store shortly. Forbes estimates that Alo Yoga’s parent company, Color Image Apparel, has generated nearly $2 billion most recently.
And heavy-hitter Nike entered the premium women’s activewear market in a collaboration with Kim Kardashian’s SKIMS brand last year, with the NikeSKIMS product line expanding globally this year.
The irony is that Lululemon, a brand that once defined the athleisurewear category, opened the door for these and other challengers while being distracted by controversies of its own making.
And hanging over all of this is Chip Wilson’s highly-publicized proxy battle where he was characteristically outspoken about the company’s leadership mistakes and claims that Lululemon has “lost its cool.”
Eroding TrustBefore the China drum backlash, Lululemon was guiding on a net revenue decline between 2%-3% in the second quarter, after squeaking out 4% revenue growth in the first quarter. In the latest earnings call, the company acknowledged headwinds as it entered the second quarter around negative publicity—e.g. Wilson’s critiques and the Texas PSFA investigation—and recent product launches that didn’t “generate anticipated guest response,” such as the alleged see-thru Get Low leggings.
These remarks came before the China controversy, which is likely to hit the company’s sales harder than its earlier guidance suggests. Noting that momentum is slowing in China—comparable sales slipped from 30% in fourth quarter 2025 to 20% in first quarter 2026—BNP Paribas warned, “We are worried that China revenues will flatten out,” as it also expressed concerns about Lululemon’s continued decline in North America—the Americas comparable sales dropped 5% in first quarter. And the firm noted this was before the full impact of the two recent social media controversies are factored into results.
The last thing Lululemon needs now is further erosion of consumer trust and while the particulars of the latest controversies will fade, more general negative feelings about the brand are likely to persist, adding fuel to the competition’s fire.
If trust continues to slip, the question won’t be if Lululemon can regain momentum with new product drops and marketing initiatives, but whether consumers will continue to give the brand the benefit of the doubt.
See Also:
ForbesLululemon Controversy In China Threatens Growth In Key MarketBy Mary Whitfill RoeloffsForbesLululemon Founder Chip Wilson Wins Two Board Seats To End Bitter Proxy BattleBy Pamela N. DanzigerForbesLululemon's Billionaire Founder Has Been Fighting To Oust Its CEO–He Won, But He’s Still Not HappyBy Simone Melvin
Opendoor ve 1. čtvrtletí uzavřel přes 5 000 smluv a marže z resale contribution stoupla na 4,4 %. Podíl domů na trhu déle než 120 dní klesl na 10 % z 51 % před dvěma čtvrtletími.
Key Takeaways OPEN signed more than 5,000 acquisition contracts in Q1, its strongest quarterly volume since Q2 2022.Opendoor's resale contribution margin reached 4.4% in Q1, up 340 basis points sequentially.OPEN reduced homes on the market for more than 120 days to 10% from 51% two quarters earlier. Opendoor Technologies Inc. (OPEN - Free Report) is entering the back half of 2026 with seasonality becoming an important test for Opendoor 2.0. Although housing activity typically softens during this period, recent operating metrics suggest Opendoor 2.0 is giving the company a stronger operating base heading into the seasonal slowdown.
Seasonality is a meaningful factor in OPEN’s operating model. The company stated that the housing selling season typically begins shortly after the Super Bowl, peaks in early summer, tapers through the fall and bottoms in December. This pattern affects resale velocity, spread decisions and acquisition cadence. OPEN also noted that days on market usually lengthen in the back half of the year, while margins tend to compress in the fourth quarter.
OPEN enters this seasonal test with improved operating metrics. In the first quarter of 2026, the company entered into more than 5,000 contracts, its strongest quarterly contract volume since the second quarter of 2022. Resale contribution margin improved every month since September 2025 and closed the quarter at 4.4%, up 340 basis points sequentially. The percentage of homes on the market for more than 120 days fell to 10% from 51% two quarters earlier. This healthier inventory position gives OPEN a stronger starting point as seasonal demand moderates, with fewer aged homes reducing clearance pressure and supporting resale-margin stability.
The back half of 2026 will provide a key checkpoint for OPEN’s margin durability as seasonal housing demand moderates. The company’s ability to limit margin slippage will likely depend on fresh inventory, sustained resale velocity and continued contribution-margin stability as housing demand tapers.
Opendoor’s Competitor LandscapeZillow Group, Inc. (ZG - Free Report) provides a relevant benchmark for OPEN because it is navigating housing-market softness through a capital-light platform. Zillow’s integrated housing ecosystem spans search, touring, financing, agent workflows and closing, helping it support buyer and seller engagement without direct owned-home resale exposure. This positions Zillow as a lower-inventory-risk benchmark, while OPEN’s margin profile is more directly tied to resale execution and owned-home turns.
Offerpad Solutions Inc. (OPAD - Free Report) provides a closer operating comparison because it remains exposed to home-level execution, resale timing and capital discipline. Offerpad is expanding its Cash Offer, Cash Offer Marketplace, Brokerage Services and Renovate platform while using SCOUT and HENRY to improve seller routing, acquisition accuracy, renovation estimates and disposition decisions. These efforts are aimed at improving conversion and managing asset-level risk in a pressured housing market.
Against this backdrop, OPEN sits between Zillow’s capital-light housing platform and Offerpad’s more targeted seller-solutions model. Zillow benefits from platform breadth and lower inventory exposure, while Offerpad is focused on improving seller conversion and asset-level execution. OPEN’s differentiation lies in applying Opendoor 2.0 across a larger resale funnel, where tighter execution can have a greater impact on margin performance.
OPEN’s Stock Price Performance, Valuation & EstimatesShares of Opendoor have skyrocketed 719.9% in the past year against the industry’s 23.6% decline.
OPEN One-Year Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, OPEN trades at a forward price-to-sales (P/S) multiple of 0.75, significantly below the industry’s average of 3.55.
OPEN’s P/S Ratio (Forward 12-Month) vs. Industry
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The Zacks Consensus Estimate for OPEN's 2026 loss per share suggests a 53.9% year-over-year improvement. Loss per share estimates for 2026 have widened in the past 30 days.
EPS Trend of OPEN Stock
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Key Takeaways BKR won a subsea production systems contract for Azule Energy's Greater PAJ project in Angola.The award includes deepwater trees, control systems, installation, commissioning and production services.Delivery of BKR's subsea trees is expected to begin in 2027, boosting order backlog & its presence in Africa. Baker Hughes Company (BKR - Free Report) has secured a significant contract from Azule Energy to provide subsea production systems for the Greater PAJ offshore development in Angola, strengthening its position in the global deepwater services market. The award underscores BKR’s industry leadership in offshore production technologies while broadening its presence across one of Sub-Saharan Africa's premier energy-producing regions.
Under the agreement, Baker Hughes will supply deepwater horizontal tree systems, subsea control modules, intervention workover control systems and associated connection, distribution and topside equipment. The company will also provide integrated tooling, installation support, commissioning and ongoing production services through its established facilities in Angola. This broad scope allows BKR to generate revenues not only from equipment sales but also from services throughout the project's operating life.
The contract highlights Baker Hughes' technological advantage in ultra-deepwater developments. Its horizontal tree systems are engineered to operate at pressures of up to 10,000 pounds per square inch and water depths of 10,000 feet, while their modular design supports faster deployment and improved long-term production efficiency.
The award also reinforces BKR’s long-standing footprint in Angola, where it already maintains the largest installed subsea equipment base in Sub-Saharan Africa. Leveraging its local infrastructure and supply chain is expected to improve execution efficiency and strengthen customer relationships.
With subsea trees delivery scheduled to begin in 2027, the contract enhances Baker Hughes' future order backlog and revenue visibility. The agreement strengthens BKR’s business model and customer base while enhancing investor appeal by highlighting robust demand for its offshore production technologies.
Baker Hughes currently carries a Zacks Rank #4 (Sell).
The business models of oilfield equipment and service providers, including BKR, are closely linked to the capital spending of upstream players. With Brent prices trading above the $70-per-barrel mark and West Texas Intermediate (“WTI”) crude prices trading around the $70-per-barrel mark, according to oilprice.com, players like Vista Energy, S.A.B. de C.V. (VIST - Free Report) , YPF Sociedad Anónima (YPF - Free Report) and W&T Offshore, Inc. (WTI - Free Report) which have presence in upstream operations are benefiting from the elevated crude pricing environment. WTI and VIST currently carry a Zacks Rank #2 (Buy) each, while YPF sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Vista operates 205,600 acres within the Vaca Muerta Basin, widely recognized as Argentina's premier shale basin. Supported by this massive footprint, VIST expects to achieve production of 200 thousand barrels of oil equivalent per day by 2030.
Argentina’s integrated energy company, YPF, has an extensive footprint in the Vaca Muerta formation to fuel production growth. YPF anticipates increased spending and activity in the coming quarters to bolster oil and gas production in the second half of 2026.
W&T Offshore’s robust offshore footprint in the Gulf of America spans approximately 605,000 acres and supports a large reserve base. WTI's 1P and 2P reserves provide 20 years of production potential and resource longevity.
Magnolia Oil & Gas je podle zpráv hlavním uchazečem o koupi WildFire Energy v transakci za více než 4 miliardy USD. Šlo by o největší akvizici v historii MGY.
Key Takeaways Magnolia Oil & Gas reportedly leads bidding for WildFire Energy in a deal valued at more than $4 billion.MGY's potential purchase would be its largest acquisition and would expand its shale asset portfolio.WildFire operates 2,000 wells producing over 50,000 boe/d, making it an attractive acquisition target. Magnolia Oil & Gas Corporation (MGY - Free Report) is reportedly emerging as the leading contender to acquire privately held WildFire Energy in a deal valued at more than $4 billion. According to a Bloomberg report cited by SeekingAlpha, the acquisition would be the largest in MGY's history and signal a significant shift from its traditionally conservative growth strategy.
If finalized, the transaction would further underscore the ongoing consolidation trend in the U.S. oil and gas industry, where producers are seeking larger, higher-quality asset portfolios to strengthen long-term competitiveness.
Magnolia Oil & Gas Reportedly Leads the Bidding ProcessAccording to reports, Magnolia Oil & Gas is poised to win the auction for Texas-based WildFire, which is backed by private equity firms Warburg Pincus and Kayne Anderson. While the companies have not officially confirmed the transaction, sources indicate that negotiations are at an advanced stage and an announcement could come within weeks.
The acquisition process remains competitive, meaning another bidder could still emerge before a final agreement is reached.
A Major Strategic Shift for Magnolia Oil & GasA transaction exceeding $4 billion would represent a notable departure from Magnolia Oil & Gas' long-standing strategy of disciplined capital allocation and smaller, bolt-on acquisitions.
The company has built its reputation on maintaining capital efficiency, preserving a strong balance sheet and returning value to shareholders. Acquiring WildFire would significantly expand MGY's operational footprint while demonstrating a greater willingness to pursue transformative growth opportunities.
If completed, the deal would become Magnolia Oil & Gas' largest acquisition to date and could redefine its position among independent U.S. exploration and production companies.
WildFire Brings High-Quality Shale AssetsWildFire has become an attractive acquisition target thanks to its sizable portfolio of producing assets. The company operates more than 2,000 wells that collectively produce over 50,000 barrels of oil equivalent per day (boe/d).
Its management team also brings substantial industry experience, having previously led WildHorse Resource Development before selling that company to Chesapeake Energy in 2019.
These established operations and experienced leadership make WildFire a valuable asset for companies seeking immediate production growth.
Industry Consolidation ContinuesThe reported acquisition reflects a broader trend reshaping the U.S. upstream energy sector. Over the past two years, oil and gas companies have increasingly pursued mergers and acquisitions to secure premium shale acreage, improve operating efficiencies and achieve greater economies of scale.
Strong commodity prices have generated substantial cash flows, allowing many producers to pursue strategic acquisitions while positioning themselves for long-term competitiveness against larger integrated energy companies.
Private equity-backed producers such as WildFire have become especially attractive targets as public companies look to expand through acquisitions rather than organic development alone.
Investors to Watch Financing and Capital AllocationAlthough Magnolia Oil & Gasappears to be the leading bidder, investors are likely to focus on how the company finances a transaction of this size.
The acquisition could have implications for Magnolia Oil & Gas' capital allocation strategy, including shareholder returns programs such as dividends and share repurchases that have been central to its investment appeal.
Market participants will also evaluate whether the expected operational synergies and production growth justify the scale of the investment.
What the Deal Could Mean for Magnolia Oil & GasWhile the reported acquisition has not yet been finalized, Magnolia Oil & Gas appears to be positioning itself for a transformational expansion. If the company successfully acquires WildFire, it would gain a significant portfolio of shale assets while joining the growing list of independent producers pursuing larger-scale consolidation.
As the energy industry continues to evolve, the outcome of this potential deal could shape MGY's long-term growth strategy and further accelerate consolidation across the U.S. upstream sector.
MGY’s Zacks Rank & Key PicksMagnolia Oil & Gas is an independent upstream operator engaged in the exploration, development and production of natural gas, crude oil and natural gas liquids. Currently, MGY carries a Zacks Rank #3 (Hold).
Investors interested in the energy sector may consider some top-ranked stocks like Global Partners LP (GLP - Free Report) , Delek US Holdings, Inc. (DK - Free Report) and Liberty Energy Inc. (LBRT - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Global Partners is a Delaware limited partnership formed by affiliates of the Slifka family. It owns, controls or has access to one of the largest terminal networks of refined petroleum products in New England. The Zacks Consensus Estimate for GLP’s 2026 earnings indicates 113.1% year-over-year growth.
TN-based Delek US Holdings is an independent refiner, transporter and marketer of petroleum products. The company’s operations are organized into two reportable segments: Refining and Logistics. The Zacks Consensus Estimate for DK’s 2026 revenues indicates 5.9% year-over-year growth.
Liberty Energy is a leading North American oilfield services company, specializing in hydraulic fracturing and completion solutions. The company provides differentiated services through advanced technology integration and real-time data analytics. The Zacks Consensus Estimate for LBRT’s 2026 earnings indicates 66.7% year-over-year growth.
Archer Aviation pokračuje v testování a validaci systémů letounu Midnight, aby splnila požadavky regulátorů na certifikaci. Úspěch by otevřel cestu k dodávkám a komerčním operacím.
Key Takeaways ACHR expands flight testing to validate aircraft systems and support regulatory certification.ACHR advances Midnight certification through compliance, testing and system validation activities.ACHR certification progress supports future aircraft deliveries and commercial deployment plans. Archer Aviation Inc. (ACHR - Free Report) continues making progress toward aircraft certification, a critical milestone in its path to commercial operations. The company is working closely with regulators to complete certification activities for its Midnight aircraft while continuing flight testing, system validation and compliance efforts. Achieving certification is expected to support commercial deployment and strengthen Archer Aviation's position within the emerging electric aircraft market.
Aircraft certification requires extensive testing and validation to demonstrate that an aircraft satisfies regulatory safety and performance standards. Archer Aviation continues expanding its test program by evaluating aircraft systems, flight characteristics and key components while generating data that supports the certification process. These activities help the company refine its aircraft while advancing toward regulatory approval.
Certification progress also strengthens Archer Aviation's commercial prospects. Reaching this milestone would enable the company to begin aircraft deliveries, support planned customer deployments and execute commercial agreements. Continued advancement through the certification process also reflects Archer Aviation's growing operational and engineering capabilities as it prepares for commercial production.
As the advanced aviation market evolves, regulatory approval is expected to remain one of the most important milestones for industry participants. Archer Aviation's continued focus on certification activities positions the company to support future commercial operations while strengthening its long-term growth outlook.
Companies Advancing Aircraft Certification ProgramsAircraft developers continue investing in certification activities as they prepare next-generation aircraft for commercial service. Companies like Joby Aviation, Inc. (JOBY - Free Report) and BETA Technologies, Inc. (BETA - Free Report) are also progressing certification efforts for their electric aircraft platforms.
Joby Aviation continues advancing flight testing and certification activities for its electric aircraft while working toward commercial passenger operations.
Beta Technologies is making progress in the certification of its electric aircraft through continued flight testing, system validation and regulatory engagement to support future commercial operations.
Earnings Estimates for ACHR StockThe Zacks Consensus Estimate for 2026 and 2027 earnings per share suggests a year-over-year decline of 61.90% and growth of 7.51%, respectively.
Image Source: Zacks Investment Research
ACHR Stock Trading at a DiscountArcher Aviation is trading at a discount relative to the industry, with a trailing 12-month price-to-book of 1.78X compared with the industry average of 6.02X.
Image Source: Zacks Investment Research
ACHR Stock Price PerformanceOver the past three months, ACHR shares have fallen 1.4% against the industry’s 3.9% growth.
Image Source: Zacks Investment Research
ACHR’s Zacks RankArcher Aviation currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
DeepHealth od RadNet získal schválení FDA pro BAC Assessment a Mammo Dx v rámci AI Breast Suite. Nové nástroje detekují kalcifikace a porovnávají aktuální a dřívější mamografy.
Key Takeaways RadNet's DeepHealth received FDA clearances for BAC Assessment and Mammo Dx functionalities.BAC Assessment detects breast arterial calcifications on 2D and 3D screening mammograms.Mammo Dx compares current and prior mammograms to track lesion changes and reduce recalls. DeepHealth, a wholly owned subsidiary of RadNet (RDNT - Free Report) , recently received FDA clearances for two new functionalities within its AI-powered Breast Suite. The FDA clearances expand its AI-powered Breast Suite with cardiovascular risk assessment and prior exam integration, strengthening its end-to-end breast imaging platform. The approvals cover Breast Arterial Calcification (BAC) Assessment and prior exam integration into ProFound Pro, which will be marketed as Mammo Dx.
The BAC Assessment automatically detects breast arterial calcifications on standard mammograms to identify the potential risk of cardiovascular disease. Whereas Mammo Dx compares current and prior mammograms to track lesion changes, improving cancer detection and reducing patient recalls. Both functionalities are now commercially available in the United States.
Per management, DeepHealth's strategy has always focused on using AI to find disease early. The launch of BAC Assessment and Mammo Dx transforms its Breast Suite into a fully integrated suite of solutions that gives radiologists a complete patient overview and adds clinical confidence in the top causes of death in U.S. women.
Likely Trend of RDNT Stock Following the News
Shares of RDNT have gained 1.2% since the announcement on Thursday. Year to date, the stock has declined 14.9%, underperforming the industry’s 14.3% growth and the S&P 500’s 7.4% rise.
The FDA clearance of BAC Assessment and Mammo Dx is positive for RadNet as it expands DeepHealth's AI-powered breast imaging portfolio and strengthens its competitive position. The new solutions enhance cancer detection and cardiovascular risk assessment and improve radiologist decision-making without additional imaging. In addition, deployment across RadNet's imaging centers will generate real-world validation, support broader customer adoption and reinforce the company's AI-driven growth strategy.
RDNT currently has a market capitalization of $4.78 billion.
Image Source: Zacks Investment Research
More on the FDA-Cleared Functionalities
BAC Assessment automatically identifies breast arterial calcifications on both standard 2D (FFDM) and 3D (DBT) screening mammograms without requiring additional imaging. These calcifications have been associated with an increased risk of future cardiovascular events such as heart attacks and strokes.
In clinical testing, the assessment demonstrated more than 90% sensitivity and over 88% specificity across dense and non-dense breast tissue. The assessment will be deployed across RadNet imaging centers for real-world validation.
Mammo Dx enables radiologists to analyze current and prior mammograms together, helping identify subtle tissue changes and undetected lesions in a single examination. By incorporating historical findings into the diagnostic workflow, the solution aims to improve cancer detection, reduce false-positive recalls and support more informed clinical decision-making.
With these additions, DeepHealth's Breast Suite offers a comprehensive AI platform supporting cancer detection, cardiovascular risk assessment, breast density evaluation, future cancer risk assessment and workflow optimization. So far, components of Breast Suite support diagnostic accuracy and standardization of care across more than 10 million mammograms annually worldwide.
Industry Prospects Favoring the Market
Going by the data provided by Precedence Research, the artificial intelligence (AI) in the breast imaging market is valued at $666.9 million in 2026 and is expected to witness a CAGR of 15.9% through 2035.
Factors like increased breast cancer awareness and early detection, growing health insurance and an increasing aging population are boosting the market’s growth.
Other News
DeepHealth recently launched Reporting Pro, an AI-powered reporting solution that streamlines radiology workflows. The platform combines speech recognition, AI-generated findings and impressions, automated measurements, quality assurance and structured reporting into a single, integrated workflow for radiologists.
RDNT’s Zacks Rank & Key Picks
Currently, RDNT has a Zacks Rank #3 (Hold).
Some better-ranked stocks from the broader medical space are BrightSpring Health (BTSG - Free Report) , Globus Medical (GMED - Free Report) and West Pharmaceutical (WST - Free Report) .
BrightSpring Health, currently sporting a Zacks Rank #1 (Strong Buy), reported first-quarter 2026 adjusted earnings per share (EPS) of 39 cents, which beat the Zacks Consensus Estimate by 34.5%. Revenues of $3.61 billion surpassed the Zacks Consensus Estimate by 8.35%. You can see the complete list of today’s Zacks #1 Rank stocks here.
BrightSpring Health has an estimated long-term earnings growth rate of 46.5%. BTSG’s earnings surpassed estimates in three of the trailing four quarters and missed once, the average surprise being 14.6%.
Globus Medical, currently carrying a Zacks Rank #2 (Buy), reported a first-quarter 2026 adjusted EPS of $1.12, which surpassed the Zacks Consensus Estimate by 22.1%. Revenues of $759.9 million beat the Zacks Consensus Estimate by 4.0%.
GMED has an estimated long-term earnings growth rate of 10.2%. The company’s earnings beat estimates in each of the trailing four quarters, the average surprise being 26.3%.
West Pharmaceutical, carrying a Zacks Rank #2 at present, reported first-quarter 2026 EPS of $2.13, which beat the Zacks Consensus Estimate by 26.8%. Revenues of $844.9 million surpassed the Zacks Consensus Estimate by 8.5%.
West Pharmaceutical has an estimated long-term earnings growth rate of 13.9%. WST’s earnings surpassed estimates in the trailing four quarters, the average surprise being 19.4%.
e.l.f. Beauty čeká na oživení hlavní značky, zatímco Rhode přinesla nový růstový motor s více než 500 mil. USD ročních globálních maloobchodních tržeb. Firma pro fiskální rok 2027 čeká tržby 1,835–1,865 mld. USD a upravenou EBITDA 379–385 mil. USD.
Key Takeaways ELF enters fiscal 2027 with more growth levers but slower momentum in its flagship brand. Rhode topped $500M in annualized global retail sales and grew net sales more than 80%. ELF expects fiscal 2027 net sales of $1.835B-$1.865B and adjusted EBITDA of $379M-$385M. e.l.f. Beauty, Inc. (ELF - Free Report) enters fiscal 2027 with a wider platform but a more complicated investment setup.
Rhode, Naturium, e.l.f. SKIN and international expansion give the company more growth levers. The key question is whether those levers can offset slower momentum in the flagship e.l.f. brand.
ELF Has More Than One Growth Enginee.l.f. Beauty is no longer just a low-price cosmetics story. Its portfolio now includes e.l.f. Cosmetics, e.l.f. SKIN, rhode, Naturium and Well People, spanning mass beauty, prestige skin care and digital-led brands.
The shift has changed the risk profile. Non-e.l.f. brands rose from 0% to 30% of global consumption over the past three years, while skin care increased from 9% to 23%. That lowers dependence on a single product cycle and gives ELF multiple paths to growth.
The Estee Lauder Companies Inc. (EL - Free Report) remains a relevant benchmark in prestige beauty because its portfolio spans skin care, makeup, fragrance and hair care. Ulta Beauty, Inc. (ULTA - Free Report) is also central to the beauty ecosystem as a specialty retailer that connects consumers with mass, prestige and emerging brands.
Rhode Gives e.l.f. Beauty New ReachRhode is the clearest growth catalyst in the portfolio. On an annualized basis in fiscal 2026, the brand generated more than $500 million in global retail sales and about $390 million in net sales, with net sales rising more than 80% year over year.
Its retail start has been notable. Rhode reached the number one beauty brand ranking in Sephora North America and delivered record-breaking launches with Sephora in the United Kingdom and MECCA in Australia and New Zealand.
Distribution still leaves room for growth. Rhode is in less than 20% of Sephora’s global stores, while about 20% of its direct-to-consumer sales and 74% of social followers are outside the United States.
Image Source: Zacks Investment Research
ELF Needs Its Core Brand to ReaccelerateThe flagship e.l.f. brand still drives the investment case. e.l.f. Cosmetics produced about $1.8 billion in fiscal 2026 global retail sales and gained 115 basis points of U.S. color cosmetics market share during the year.
That scale also makes the recent slowdown harder to ignore. e.l.f. brand global consumption moderated from high single digits in fiscal 2026 to low single digits in the final 12 weeks of the year, as spring 2026 innovation produced less lift across core items than expected.
Management is responding through pricing, innovation, international focus and leadership changes. The company cut the price of Halo Glow Skin Tint from $18 to $14, with initial tests showing a 38% lift on Amazon and a 36% lift across all retailers.
e.l.f. Beauty Faces Margin PressureTop-line growth is not fully flowing through to earnings. Fiscal 2026 net sales rose 25%, while adjusted EBITDA increased 13%, showing that spending and cost pressures are absorbing part of the revenue benefit.
Marketing and digital expenses were about 24% of net sales in fiscal 2026. The Zacks Rank #3 (Hold) company is also navigating tariff exposure, inflation and a more retail-heavy Rhode channel mix, which can affect near-term profitability as the brand scales beyond direct-to-consumer sales. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The fiscal 2027 outlook still points to growth. Management expects net sales of $1.835 billion to $1.865 billion and adjusted EBITDA of $379 million to $385 million, compared with fiscal 2026 adjusted EBITDA of $335 million.
How ELF Stock Signals Fit the SetupELF looks like a balanced story rather than a straightforward momentum call. Rhode, Naturium, e.l.f. SKIN and international growth have expanded the company’s runway, but the core brand must reaccelerate for investors to regain confidence in organic growth.
The stock’s setup is also constrained by signal gaps. Specific Zacks Rank and Style Scores are not available for investors to lean on, leaving the brand reset, Rhode’s rollout and margin execution as the more useful near-term markers.
For investors, that argues for discipline. A favorable Zacks Rank and strong Style Scores can help identify stocks with better earnings-revision and style characteristics over the next one to three months, but ELF’s current case depends more on execution than on a clean quantitative read.
Levi Strauss & Co. (NYSE:LEVI) will release its second quarter earnings report after the closing bell on Wednesday, July 8.
Analysts expect the San Francisco, California-based company to report quarterly earnings of 24 cents per share, up from 22 cents per share in the year-ago period. The consensus estimate for Levi Strauss’ quarterly revenue is $1.52 billion. It reported $1.45 billion last year, according to Benzinga Pro.
On April 7, Levi Strauss reported better-than-expected first-quarter financial results and raised its FY26 guidance.
Levi Strauss shares gained 2.3% to close at $24.54 on Friday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying LEVI stock? Here’s what analysts think:
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Emergent BioSolutions získala od americké vlády úpravu kontraktu za 52,7 milionu USD na dodávky vakcíny ACAM2000 proti pravým neštovicím a mpoxu. Dodávky mají začít tento měsíc.
GAITHERSBURG, Md., June 29, 2026 (GLOBE NEWSWIRE) -- Emergent BioSolutions (NYSE:EBS) today announced it has been awarded a contract modification valued at $52.7 million from the Administration for Strategic Preparedness and Response (ASPR) at the United States Department of Health and Human Services to supply ACAM2000® (Smallpox and Mpox (Vaccinia) Vaccine, Live) vaccine, ancillaries as well as diluent replacement lots for smallpox preparedness and response needs. Deliveries are expected to begin this month.
“This new contract modification for ACAM2000® underscores the U.S. government’s continued focus on biodefense preparedness and reflects Emergent’s longstanding role to collaborate and help protect civilians and warfighters against potential smallpox and mpox threats,” said Paul Williams, senior vice president, head of products business, global government & public affairs at Emergent. “In this increasingly dangerous world, we are proud to continue supporting the U.S. government as they continue to take critical, proactive steps on biodefense preparedness.”
This award follows Emergent’s recent announcements that the Saudi Food and Drug Authority has approved ACAM2000® for immunization against smallpox and mpox in high-risk individuals and that Singapore’s Health Sciences Authority has approved an expanded indication for ACAM2000® to include prevention of mpox disease in adults determined to be at high risk for mpox infection.
Experts consider smallpox to be a credible bioterror threat, with potential health, economic and national security implications due to its mortality rate.1 Emergent specializes in developing, manufacturing and delivering medical countermeasures to the U.S. government and allies around the world to support health preparedness and help protect the public from potential threats like smallpox, mpox, Ebola, anthrax and botulism.
This contract modification is under Emergent’s existing 10-year contract (75A50119C00071) with ASPR.
Indication and Select Important Safety Information for ACAM2000® (Smallpox and Mpox (Vaccinia) Vaccine, Live)
Indication
ACAM2000® is indicated for active immunization for the prevention of smallpox and mpox disease in individuals determined to be at high risk for smallpox or mpox infection.
Important Safety Information
Warning: Serious Complications
Myocarditis and pericarditis (suspect cases observed at a rate of 5.7 per 1000 primary vaccinees (95% CI: 1.9-13.3)), encephalitis, encephalomyelitis, encephalopathy, progressive vaccinia, generalized vaccinia, severe vaccinial skin infections, erythema multiforme major (including STEVENS-JOHNSON SYNDROME), eczema vaccinatum resulting in permanent sequelae or death, accidental eye infection (ocular vaccinia) which can cause ocular complications that may lead to blindness, and fetal death, have occurred following either primary vaccination or revaccination with ACAM2000® or other live vaccinia virus vaccines that were used historically.
Contraindications
Do not administer ACAM2000® to individuals with severe immunodeficiency. These individuals may include persons who are undergoing bone marrow transplantation or persons with primary or acquired immunodeficiency states who require isolation.
Warnings and Precautions
Serious complications that may follow either primary or revaccination with ACAM2000® include myocarditis and/or pericarditis, ischemic heart disease and non-ischemic dilated cardiomyopathy, encephalitis, encephalomyelitis, encephalopathy, progressive vaccinia (vaccinia necrosum), generalized vaccinia, severe vaccinial skin infections, erythema multiforme major (including Stevens-Johnson syndrome), eczema vaccinatum, fetal vaccinia, fetal death, and accidental eye infection (ocular vaccinia) that may lead to blindness. ACAM2000® is a live vaccinia virus that can be transmitted to persons who have close contact with the vaccinee and the risks in contacts are the same as those stated for vaccinees.
Adverse Reactions
Common adverse reactions include inoculation site signs and symptoms, lymphadenitis, and constitutional symptoms, such as malaise, fatigue, fever, myalgia, and headache.
To report Suspected Adverse Reactions, contact Emergent BioSolutions at 1-877-246-8472 (U.S.), 1-800-768-2304 (Canada), or [email protected]; or VAERS at 1-800-822-7967 or https://vaers.hhs.gov.
Please see the full Prescribing Information for ACAM2000® for complete Boxed Warning and safety information.
About Emergent BioSolutions
At Emergent, our mission is to protect and save lives. For over 25 years, we’ve been at work preparing those entrusted with protecting public health. We deliver protective and life-saving solutions for health threats like smallpox, mpox, botulism, Ebola, anthrax and opioid overdose emergencies. To learn more about how we help prepare communities around the world for today’s health challenges and tomorrow’s threats, visit our website and follow us on LinkedIn, X, Instagram, Apple Podcasts and Spotify.
Safe Harbor Statement
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including statements regarding the expected timing for delivery of the ACAM2000® vaccine, are forward-looking statements. We generally identify forward-looking statements by using words like “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “future,” “goal,” “intend,” “may,” “plan,” “position,” “possible,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and similar expressions or variations thereof, or the negative thereof, but these terms are not the exclusive means of identifying such statements. Forward-looking statements are based on our current intentions, beliefs, and expectations regarding future events based on information that is currently available. We cannot guarantee that any forward-looking statement will be accurate. Readers should realize that if underlying assumptions prove inaccurate or if known or unknown risks or uncertainties materialize, actual results could differ materially from our expectations. Readers are, therefore, cautioned not to place undue reliance on any forward-looking statements. Any forward-looking statement speaks only as of the date of this press release, and, except as required by law, we do not undertake any obligation to update any forward-looking statement to reflect new information, events, or circumstances. Readers should consider this cautionary statement, as well as the risk factors identified in our periodic reports filed with the U.S. Securities and Exchange Commission, when evaluating our forward-looking statements.
Investor Contact:
Richard S. Lindahl
Executive Vice President, CFO [email protected]
Media Contact:
Assal Hellmer
Vice President, Communications [email protected]
Nebius Group spustila Nebius AI Cloud Aether 3.6 s asistentem Echo pro cloudové operace a novými bezpečnostními a governance funkcemi. Zlepšila také úložiště, včetně 30% vyšší čtecí propustnosti Object Storage s jednovláknovými klientskými připojeními a podpory clusterů až do 100 PB.
Key Takeaways Nebius Group launched AI Cloud Aether 3.6, introducing Echo for AI-powered cloud operations.NBIS added managed SkyPilot, customer-managed encryption keys and governance upgrades.Nebius Group boosted storage with higher bandwidth, IOPS gains and support for 100 PB clusters. As AI adoption accelerates, cloud providers need intelligent infrastructure, security, operational efficiency and developer-friendly experiences. Addressing these evolving needs, Nebius Group N.V. (NBIS - Free Report) has unveiled Nebius AI Cloud Aether 3.6, a wide range of enhancements focused on developer productivity, enterprise-grade security, governance and storage performance. The release also marks the debut of Nebius Echo, an AI-powered infrastructure assistant that represents NBIS’ vision for agentic cloud computing.
Echo can answer cloud-related questions and execute core infrastructure operations while incorporating built-in guardrails to prevent accidental or unsafe actions. Powered by open-source models running on Nebius Token Factory, the assistant is designed specifically for production cloud environments. This first preview supports core cloud services, while Nebius has outlined an ambitious roadmap that includes infrastructure debugging, multi-step infrastructure provisioning, infrastructure-as-Code deployments and smarter resource recommendations.
A notable enhancement is the Managed Service for SkyPilot, providing one-click integration without requiring teams to maintain their own control plane. This simplifies multi-cloud AI workload orchestration while reducing operational overhead. Also, it rolled out several enterprise-focused capabilities that strengthen data protection and governance. A new Key Management Service enables organizations to manage their own encryption keys using Customer-Managed Encryption Keys.
Additional storage enhancements include a 30% increase in read bandwidth for Object Storage with single-threaded client connections, three times more IOPS for 4 KB file operations, up to 100 times higher metadata IOPS for metadata-heavy workloads and shared filesystem validation supporting clusters up to 100 PB. AI Cloud 3.6 meets the growing demand for autonomous, production-ready AI infrastructure. As enterprises adopt agentic AI, Nebius is evolving beyond a cloud provider with AI-powered tools like Nebius Echo, while ongoing infrastructure investments and partnerships strengthen its competitive edge in the AI cloud market.
NBIS vs. AI Rivals: A Competitive ComparisonCoreWeave, Inc. (CRWV - Free Report) recently demonstrated the strength of its AI-native cloud platform in the MLPerf Training v6.0 benchmark, completing the training of the DeepSeek-V3 671B model in just 2.02 minutes using 8,192 NVIDIA GB300 NVL72 GPUs. It served as a powerful validation of the company's AI cloud platform, poised to accelerate customer adoption while strengthening its competitive position. It also became the first AI cloud provider to complete the bring-up and full system-level validation of NVDA Vera Rubin NVL72, a next-generation AI platform, positioning CRWV at the forefront of next-generation AI infrastructure and strengthening its competitive advantage in the rapidly expanding AI cloud market.
Microsoft (MSFT - Free Report) capitalizes on AI business momentum and Copilot adoption alongside Azure cloud infrastructure expansion. The Azure AI platform continues to benefit from demand across AI and non-AI services, with customer demand exceeding available capacity. It added another GW of capacity during the quarter and remains on track to double its overall data center footprint within two years. New data center investments were announced across four continents. In May, it signed new agreements with U.S. and U.K. government partners, the Center for AI Standards and Innovation and the AI Security Institute to advance AI testing and safety evaluation frameworks.
NBIS Price Performance, Valuation and EstimatesShares of Nebius have gained 187.1% year to date compared with the Internet–Software and Services industry’s growth of 14.9%.
Image Source: Zacks Investment Research
From a valuation standpoint, NBIS trades at a forward price-to-sales of 8.83X, higher than the industry’s 4.3X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for NBIS’ earnings for 2026 has been revised upward over the past 60 day
Image Source: Zacks Investment Research
NBIS currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Bitmine nyní drží 5,7 milionu ETH, což představuje 4,7 % nabídky, a její kryptoměnové a hotovostní držby dosáhly 9,8 miliardy USD. Společnost byla také zařazena do indexu Russell 1000.
Bitmine owns 4.7% of the total ETH coin supply of 120.7 million
Bitmine is 94% of the way to the 'Alchemy of 5%' in just 11 months
Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026
Bitmine's Series A Preferred Stock is trading on the NYSE under the symbol BMNP
Bitmine has 4,879,157 staked ETH, representing $7.7 billion at $1,569 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors
Bitmine owns $74 million of Eightco, now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI
Bitmine Crypto + Total Cash Holdings & Marketable Securities + "Moonshots" total $9.8 billion, including 5.70 million ETH tokens, total cash & marketable securities of $555 million, and other crypto holdings
Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH
, /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash & marketable securities + "moonshots" holdings totaling $9.8 billion.
Bitmine Weekly Update
STAKING: BMNR now staking over 4.8 million ETH
ALCHEMY of 5%: BMNR ranked #240 by 5D avg daily $ volume
As of June 28, 2026 at 3:00pm ET, the Company's crypto holdings are comprised of 5,700,040 ETH at $1,569 per ETH, 206 Bitcoin (BTC), $180 million stake in Beast Industries, $74 million stake in Eightco Holdings ("moonshots") and total cash & marketable securities of $555 million. Bitmine's ETH holdings are 4.7% of the ETH supply (of 120.7 million ETH).
"The future roadmap for crypto remains positive as the dual drivers of Wall Street modernizing its legacy infrastructure on crypto rails and the future of agentic-AI payment systems on crypto rails remain intact. Bitmine remains focused on the longer-term horizon and continues to manage the company to be positively positioned for these exponential drivers," stated Thomas "Tom" Lee, Chairman of Bitmine.
"This past week was a challenging one for crypto investors as ETH fell by 8%, even as Ethereum witnessed notable positive developments such as the creation of Ethlabs, and even the Bank of England softened its stance around stablecoins. We are nearing quarter-end for June, and it is not surprising to see 'window dressing' leading to investors reducing their holdings in assets which have fallen in the past 3 months," stated Lee.
On June 26, Bitmine was added to the Russell 1000 Large-cap Index, in conjunction with the annual reconstitution of this index. The Investment Company Institute, or ICI, estimates that passive investment funds and ETFs typically represent 18-20% of the shares of a company.
"Being added to the Russell 1000 is expected to add hundreds and possibly thousands of additional institutional investors as equity owners of Bitmine," continued Lee.
On June 10, Bitmine closed its offering (the "offering") registered under the Securities Act of 1933, as amended, of 3,500,000 shares of 9.50% Series A Perpetual Preferred Stock (the "Series A Preferred Stock"), at a public offering price of $80.00 per share.
The Company received net proceeds from the offering of approximately $273.8 million, after deducting the underwriting discounts and commissions and the Company's estimated offering expenses. The Series A Preferred Stock is trading on the NYSE under the symbol BMNP. The dividends for BMNP are scheduled to be paid weekly, subject to the terms of the applicable Certificate of Designations.
On June 11, 2026, Bitmine was named to the Fortune 100 Crypto List (link here). Fortune published this definitive ranking of the most influential companies in blockchain and draws on rigorous data analysis by Inca Digital and a survey of leading crypto experts, according Fortune Magazine.
On May 11, 2026, Bitmine released the latest Chairman's Message (link here) for May 2026.
"Over the past week, we acquired 27,084 ETH. We continue to maintain a steady pace of accumulation throughout 2026. We believe we are in the early stages of crypto spring. Bitmine is expected to reach the 'alchemy of 5%' sometime in 2026," stated Lee.
Bitmine recently launched MAVAN (the Made in American VAlidator Network), the institutional grade staking platform. While MAVAN was originally developed to support Bitmine's own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine's ETH is already staked on the MAVAN platform.
As of June 28, 2026, Bitmine total staked ETH stands at 4,879,157 ($7.7 billion at $1,569 per ETH). "Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $246 million on an annualized basis (using 2.75% 7-day BMNR yield)," stated Lee.
"Annualized staking revenues are now projected at $211 million. And this 4.9 million ETH is over 85% of the 5.7 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.75% (annualized)," continued Lee.
Bitmine's crypto holdings reign as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc., which reportedly owns 847,363 BTC valued at $50 billion. Bitmine remains the largest ETH treasury in the world.
Bitmine is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $643 million (5-day average, as of June 26, 2026), ranking #240 in the US, behind Monster Beverages (rank #239) and ahead of Oklo (rank #241) among 5,704 US-listed stocks (statista.com and Fundstrat research).
Bitmine management believes the GENIUS Act and Securities and Exchange Commission's (the "SEC") Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.
The Chairman's message can be found here:
https://www.Bitminetech.io/chairmans-message
The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/
To stay informed, please sign up at: https://Bitminetech.io/contact-us/
About Bitmine
Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of "the alchemy of 5%," the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.
For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
Forward Looking Statements
This press release contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. These forward-looking statements can be identified by terms such as "expects," "projects," "projected," "intends," "believes," "anticipates," "estimates," and similar expressions. This document specifically contains forward-looking statements regarding: (i) the Company's goals regarding ETH acquisition, including the 'Alchemy of 5%' initiative and the expectation that Bitmine will reach this goal sometime in 2026; (ii) the Company's beliefs and expectations regarding the cryptocurrency market, including the view that the future roadmap for crypto remains positive as the dual drivers of Wall Street modernizing its legacy infrastructure on crypto rails and the future of agentic-AI payment systems on crypto rails remain intact; (iii) the Company's belief that it is in the early stages of "crypto spring"; (iv) the expectation that being added to the Russell 1000 will add hundreds and possibly thousands of additional institutional investors as equity owners of Bitmine; (v) the Company's digital asset accumulation strategy and staking operations, including projected annualized ETH staking rewards of approximately $246 million (when Bitmine's ETH is fully staked by MAVAN and its staking partners) and current projected annualized staking revenues of approximately $211 million; (vi) MAVAN's intended expansion to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure; (vii) management's belief that the GENIUS Act and SEC Project Crypto are as transformational to financial services as US action on August 15, 1971 ending Bretton Woods and the USD gold standard; and (viii) continued growth and advancement of the Company's Ethereum treasury strategy. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine's ability to keep pace with new technology and changing market needs; Bitmine's ability to finance its current business, Ethereum treasury operations, and proposed future business; the competitive environment of Bitmine's business; market conditions affecting the trading price of the Company's common stock and Series A Preferred Stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of pending legislation and SEC initiatives; the volatility and unpredictability of digital asset prices; the performance, reliability, and security of the Company's staking operations; risks related to AI systems and their impact on cryptocurrency markets; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine's control, including those set forth in the Risk Factors section of Bitmine's Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine's filings with the SEC are available on the SEC's website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
SailPoint dokončil akvizici Entro Security a zpřístupnil její řešení pro zabezpečení nelidských identit a přihlašovacích údajů zákazníkům. Finanční podmínky transakce nezveřejnil.
While others race to add session visibility or runtime threat detection, SailPoint is the first to bring deep machine discovery and autonomous AI agents directly under enterprise-grade governance and lifecycle management June 29, 2026 09:00 ET | Source: SailPoint Technologies, Inc.
AUSTIN, Texas, June 29, 2026 (GLOBE NEWSWIRE) -- SailPoint, Inc. (Nasdaq: SAIL), a leader in enterprise identity security, today announced it has completed its acquisition of Tel Aviv-based Entro Security, a pioneer in non-human identity (NHI) and credentials security. Entro's NHI and credentials security solutions are available now to SailPoint customers as standalone offerings, providing immediate, deep protection across cloud and hybrid environments as native platform integration continues.
As organizations rapidly adopt AI agents, machine identities, and automated workflows, the volume of NHIs has eclipsed human identities, creating a significant new attack surface. SailPoint with Entro stands alone in its approach, offering key architectural and operational advantages that set it apart from other recent industry moves. Together, Entro’s specialized controls with SailPoint Agentic Fabric, will provide a holistic identity security solution that bridges broad human accountability with the deep, granular security required for machine and agentic identities.
Mark McClain, CEO and Founder of SailPoint commented:
"Organizations are desperate for a way to manage the risk of the autonomous AI workforce. By officially bringing Entro into the SailPoint platform today, we are closing the AI governance gap. We aren’t just giving organizations another telemetry dashboard; we are delivering a real-time, unified control plane to govern, secure, and manage the lifecycle of every single identity—human, machine, or AI agent—across their global digital footprint."
Entro’s co-founders Itzik Alvas and Adam Cheriki join SailPoint's technology organization to continue developing the next-generation capabilities of identity security and to ensure continuous leadership and innovation as Entro's technology is natively integrated into the SailPoint Platform.
Itzik Alvas, Co-Founder and CEO of Entro said:
“Entro’s capabilities together with SailPoint Agentic Fabric is a game-changer that immediately solves a massive operational pain point for security teams. Starting today, Entro's solutions are available for SailPoint customers to instantly shine a light on their unmanaged machine credentials and AI agents. We are giving organizations what they have desperately needed: a single, comprehensive command center that actively governs human, machine, and agentic identities together, stopping credential abuse and posture drift in their tracks."
This completed transaction complements the recent launch of the SailPoint Agentic Fabric, its innovative solution for discovering, governing, and securing autonomous AI agents and machine identities.
Unmatched breadth of ownership and depth of secrets: SailPoint Agentic Fabric excels at managing the overarching human accountability, succession, and broad governance of non-human identities across standard business applications. Entro complements this by operating deeply within developer environments, automatically discovering and securing over 1,200 types of granular secrets, tokens, and certificates buried inside CI/CD pipelines, codebases, and container registries. By securing these secrets, organizations can expand their agent discovery, allowing them to govern AI agents based on the specific downstream resources and tools those agents are actively using.Holistic account context meets NHI-focused lineage: The combined solution brings together two powerful mapping capabilities. While SailPoint Agentic Fabric builds a unified identity graph that connects the dots between human users, entitlements, machines, and agents, Entro introduces a highly specific lineage map indexed directly on secret and credential usage. This combination allows security teams to trace exactly which application, script, or agent is actively utilizing a specific secret at any given moment.From governance workflows to active runtime defense: SailPoint Agentic Fabric
delivers its powerful, workflow-driven compliance engines (such as certifications, separation of duties, and lifecycle management), while Entro introduces proactive, technical runtime security. By also leveraging their innovative NHIDR technology, Entro actively monitors token behavior to detect anomalies, intercepts malicious AI tool calls, and safeguards against prompt security threats in real-time. The inclusion of embedded Small Language Models (SLMs) intelligently recommends real-time threat remediations. Learn more about how SailPoint Agentic Fabric and its Entro NHI discovery and credentials solutions are defining the future of identity security for the agentic era. Come see demos of these solutions live at Black Hat, Booth 5639, and Ai4, Booth 410. Email [email protected] to schedule a meeting.
Financial terms of this transaction were not disclosed.
About SailPoint
SailPoint (Nasdaq: SAIL) is defining the new era of adaptive identity security. In a world where non-human identities now significantly outnumber humans, our AI-powered platform unifies identity, security, and data intelligence to protect today’s enterprise from advanced identity-based threats. We deliver the identity solution that spans both the breadth of identities and the depth of context needed to drive real-time access with confidence. Built on principles like zero-standing privilege and contextualized risk, our SailPoint platform transforms identity from a point of vulnerability into a powerful security advantage. Trusted by many of the world's leading organizations, SailPoint secures the enterprise with intelligent, autonomous identity security.
Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including with respect to SailPoint’s expectations regarding its acquisition of Entro. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “expects,” “plans,” “anticipates,” “could,” “would,” “plan to,” “intend to,” “believe,” or “goal” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. These forward-looking statements are not guarantees of future performance, but are based on management's current expectations, assumptions and beliefs concerning future developments and their potential effect on us, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Our expectations expressed or implied in these forward-looking statements may not turn out to be correct. The development, release, and timing of any features or functionality described for SailPoint’s products that are not currently available remain at SailPoint’s sole discretion on a when, and if available, basis, may not be delivered at all and should not be relied on in making a purchasing decision, and could be materially different from our expectations because of various risks.
Important factors, some of which are beyond our control, that could cause actual results to differ materially from our historical results or those expressed or implied by these forward-looking statements include the following: our ability to deepen our relationships with existing customers; the growth in the market for identity security solutions; our ability to maintain successful relationships with each of our partners; our ability to compete successfully against current and future competitors; the increasing complexity of our operations; our ability to maintain and enhance our brand or reputation as an industry leader and innovator; unfavorable conditions in our industry or the global economy; our ability to successfully introduce, use, and integrate artificial intelligence (AI) with our solutions; breaches in our security, cyber attacks, or other cyber risks; interruptions, outages, or other disruptions affecting the delivery of our SaaS solution or any of the third-party cloud-based systems that we use in our operations; our ability to adapt and respond to rapidly changing technology, industry standards, regulations, or customer needs, requirements, or preferences; real or perceived errors, failures, or disruptions in our platform or solutions; and the ability of our platform and solutions to effectively interoperate with our customers’ existing or future IT infrastructures.
More information on these risks and other potential factors that could affect our financial results is included in our reports and other documents filed with the Securities and Exchange Commission including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections in our most recently filed Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Any forward-looking statement speaks only as of the date as of which such statement is made, and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise.
Media relations for SailPoint
Shannon Paulk
Sr. Manager, Corporate Communications
303-748-2275 [email protected]
JPMorgan jmenoval Douga Petna a Troye Rohrbaugha spoluprezidenty; Petno povede CIB a Rohrbaugh CCB po odchodu Marianne Lake. Banka zároveň plánuje zvýšit dividendu a schválila zpětný odkup akcií v objemu 50 mld. USD.
Key Takeaways JPMorgan named Doug Petno and Troy Rohrbaugh co-presidents in its latest leadership reshuffle.Petno will lead CIB, while Rohrbaugh will oversee CCB after Marianne Lake's planned retirement.JPMorgan plans to raise its dividend and has authorized a $50B buyback amid succession planning. JPMorgan’s (JPM - Free Report) latest leadership reshuffle will likely shape the bank’s next phase of growth. The company has promoted Doug Petno and Troy Rohrbaugh as co-presidents, giving both executives direct oversight of its two largest businesses. Petno will become the sole CEO of the Commercial & Investment Bank (CIB). At the same time, Rohrbaugh will take charge of Consumer & Community Banking (CCB), replacing Marianne Lake, who is retiring after more than 25 years with the firm.
The appointments signal JPM’s intent to maintain stability while preparing for a future beyond long-serving CEO Jamie Dimon. By placing Petno and Rohrbaugh in charge of major business lines, the board is giving both leaders a broader platform to prove their ability to manage at scale, drive profitability and guide strategy amid complex market conditions. In 2025, CIB and CCB segments contributed 42.2% and 40.9% of total net revenues, respectively.
For investors, the changes suggest continuity rather than a shift in direction. JPMorgan remains focused on disciplined growth, strong client relationships and enhanced shareholder returns. The leadership move comes as the bank continues to benefit from its dominant market position, broad revenue base and strong capital profile. In sync with this, last week, the bank announced plans to raise its quarterly dividend and authorized a $50 billion share repurchase program.
The latest reshuffle also narrows the succession discussion, although the final CEO transition timeline remains uncertain. Petno’s experience in commercial and investment banking and Rohrbaugh’s new exposure to consumer banking could strengthen JPMorgan’s leadership bench over time.
A stable leadership bench could help sustain investor confidence as Jamie Dimon remains CEO for now. Dimon, the longest-tenured CEO among major U.S. banks, has led the firm for nearly two decades and has no immediate plans to step down. Though the transition timeline remains uncertain, the next few years will be critical in proving who can lead JPMorgan beyond the Dimon era.
Succession Planning of JPMorgan’s Close PeersAmong JPM’s closest peers are Bank of America (BAC - Free Report) and Citigroup (C - Free Report) .
Like JPM, Bank of America announced major leadership changes in September 2025. Bank of America’s leadership reshuffle underscores deliberate succession planning, with Dean Athanasia and Jim DeMare named co-presidents while Alastair Borthwick remains CFO. The move aims to ensure continuity under long-time CEO Brian Moynihan, reduce transition risk and strengthen execution across the bank’s business lines.
Citigroup has undertaken leadership changes tied to succession and business simplification, but it has not announced a major CEO succession reshuffle like JPMorgan or Bank of America. The key move is the CFO transition from Mark Mason to Gonzalo Luchetti. This, along with structural changes in U.S. Personal Banking, aimed at supporting Jane Fraser’s transformation strategy and improving execution at Citigroup.
JPMorgan’s Price Performance, Valuation and EstimatesJPM’s shares have gained 16% over the past three months.
Image Source: Zacks Investment Research
From a valuation standpoint, JPMorgan trades at a 12-month trailing price-to-tangible book (P/TB) of 3.20X, slightly below the industry average.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for JPMorgan's 2026 earnings indicates a 10.3% year-over-year rise, while 2027 earnings are expected to grow at a rate of 6.5%. Over the past month, earnings estimates for 2026 and 2027 have moved higher to $22.43 and $23.89, respectively.
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JPMorgan currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Beauty zůstává pro Target jedním z nejsilnějších růstových motorů: výnosy v 1. čtvrtletí vzrostly o 9,6 % na 3,398 miliardy USD. Letos se Target Beauty Studio rozšíří do více než 600 obchodů.
Key Takeaways Target's beauty sales rose 9.6% in Q1, extending the category's growth streak to 10 years.Target Beauty Studio will roll out to 600-plus stores, creating a more immersive shopping experience.Inventory gains, fresh assortments and new staffing models are helping Target deepen guest engagement. Beauty remains one of Target Corporation’s (TGT - Free Report) most dependable growth categories, fueled by fresh merchandise innovation and an elevated shopping experience. During the first quarter of fiscal 2026, net sales for the category climbed 9.6% year over year to $3,398 million. Management described beauty as one of the key pillars for Target, with the category delivering growth for 10 consecutive years.
The category has benefited from Target's emphasis on trend-right assortments, value-driven pricing and strong brand partnerships, reinforcing its position as a destination for beauty shoppers rather than simply another department within the store.
Target is preparing a broader transformation with the rollout of Target Beauty Studio across more than 600 stores later this year. The concept is designed to create a more immersive, discovery-focused environment while showcasing trending products and strengthening service levels. Management noted that beauty requires a premium shopping experience alongside premium brands, making store presentation and guest interaction as important as merchandise selection.
Operational improvements are also supporting the category. Target is testing new staffing and operating models intended to free up more time for team members to assist shoppers during peak periods. At the same time, better inventory availability in frequently purchased categories, such as beauty, is helping reduce friction for guests. Combined with continued assortment refreshes and investments in the in-store experience, beauty remains central to Target's merchandising strategy as the company works to deepen guest engagement and reinforce its position within the category.
What the Latest Metrics Say About TargetTarget, which competes with Dollar General Corporation (DG - Free Report) and Costco Wholesale Corporation (COST - Free Report) , has seen its shares jump 18.1% over the past three months against the industry’s 0.2% decline. While shares of Dollar General have risen 1.4%, Costco has fallen 4.5% in the aforementioned period.
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From a valuation standpoint, Target's forward 12-month price-to-earnings ratio stands at 16.38, lower than the industry’s ratio of 30.91. However, TGT is trading above its 12-month median level of 13.46.
Target is trading at a discount to Costco (with a forward 12-month P/E ratio of 43.11) but at a premium to Dollar General (15.71).
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Target’s current financial-year sales and earnings per share implies year-over-year growth of 3.9% and 10.3%, respectively. For the next fiscal year, the consensus estimate indicates a 2.9% rise in sales and 6.4% growth in earnings.
The consensus estimate for earnings per share for the current and next fiscal year has increased by 2 cents and 3 cents to $8.35 and $8.89, respectively, over the past 30 days.
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Target currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
BNP ponechává Royal Caribbean na Outperform, protože případné zpoždění projektu Perfect Day Mexico považuje za zvládnutelné. U Norwegian vidí delší cestu k obratu kvůli provozním a cenovým problémům.
Following meetings with investor relations teams at both companies, BNP reiterated its Outperform rating on Royal Caribbean while maintaining a Neutral rating on Norwegian, arguing that Royal’s biggest overhang—a likely delay to its Perfect Day Mexico project—is manageable, while Norwegian continues to grapple with operational and pricing issues that could take much longer to resolve.
Royal Caribbean’s Mexico Project May Be DelayedThe biggest uncertainty surrounding Royal Caribbean remains Perfect Day Mexico after Mexican authorities declined to approve the project in its current form.
Even if Perfect Day Mexico slips, Royal will still have Royal Beach Club Cozumel opening in early 2028 and, if necessary, could eventually explore alternative destinations such as Belize or Honduras.
Norwegian’s Turnaround Still Has Hurdles To ClearSiew sees a more complicated road ahead for Norwegian. While management has acknowledged that improving yields will take time, the brokerage believes new issues continue to emerge, making a meaningful recovery before 2027 increasingly difficult.
Among the concerns Siew highlighted are pricing decisions that may have prioritized filling ships over maximizing yields, continued leadership changes, including the search for a chief marketing officer, “open jaw” European itineraries, and questions surrounding booking management.
The firm believes those execution issues could weigh on performance into next year, even as Norwegian’s Great Tides water park at Great Stirrup Cay is now expected to open on schedule in September.
Siew noted the attraction could boost both admission revenue and cruise ticket pricing over time, but argued it is unlikely to offset the broader operational challenges facing the company.
For investors choosing between the two cruise stocks, BNP’s takeaway was clear: Royal Caribbean appears to be managing through a temporary project delay, while Norwegian is still working toward a broader business turnaround that may not fully materialize until the second half of 2027.
Photo Courtesy: lia_mistral on Shutterstock.com
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Qualcomm se rychle přeorientovává na AI, koupila Modular za zhruba 4 miliardy USD a Meta s ní uzavřela víceletou dohodu o využití čipů v datacentrech. Firma čeká do fiskálního roku 2029 přes 15 miliard USD výnosů z AI infrastruktury.
Many technology companies were off to the races when the AI boom first started, but Qualcomm (QCOM 2.39%) initially seemed slow to adapt.
Not anymore. The company has shifted its strategy toward artificial intelligence processors, applying its existing knowledge of edge computing to AI. It recently made a nearly $4 billion acquisition of an AI company to expand its reach for data center tech. No wonder its shares are up 66% over the past three months.
Better yet, Qualcomm's shares are still a great deal compared to the broader tech sector. Here's why it might be worth buying this AI stock right now.
Image source: Getty Images.
Qualcomm's big shift to AI Qualcomm has been busy expanding its AI footprint, and a few notable shifts make the company's AI angle intriguing.
Most recently, Qualcomm acquired the AI company Modular in an all-stock deal valued at about $4 billion. Modular makes software that can run any AI model across many different hardware platforms. It also has an AI coding language.
The purchase means Qualcomm expands its ability to benefit from growth in the AI data center infrastructure market through software. Adding the new programming language could help it compete with Nvidia (NVDA 0.86%) and its CUDA language.
Nvidia is a formidable opponent, of course, but Qualcomm is taking aim at the AI inference market, where Nvidia is vulnerable. Nvidia's graphics processing units (GPUs) have dominated the data center market for years, but tech companies are realizing that custom processors (which Qualcomm sells) can be better for AI inference and general tasks.
To help capture this market, Qualcomm just debuted its new Dragonfly C1000 CPU at its recent investor day, launching a powerful enterprise data center chip. The company is already inking deals with hyperscalers, with Meta announcing it has entered a multi-year agreement to use Qualcomm's processors in its data centers.
What's more, Qualcomm's management estimated that by fiscal 2029, the company will have more than $15 billion in AI infrastructure revenue. That's up from essentially nothing right now.
Finally, Qualcomm has been selling processors for everything from smartphones to cars for years. These chips are part of what's called edge computing, in which most processing is done on the device rather than in the cloud.
AI edge computing is likely to continue to expand as demand for advanced hardware increases. Consider that Apple, one of the world's largest hardware companies, touts on-device processing for its next-generation Siri AI software.
When considering its AI data center opportunities alongside its edge computing processors and other markets, Qualcomm's management recently said the company will have a $1.7 trillion total addressable market by 2030.
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It could be a smart move to own some Qualcomm stock There's no guarantee that all of Qualcomm's AI ambitions will pan out, of course. However, the company's stock is so inexpensive right now that it might be worth starting a new position in case things heat up for Qualcomm.
Its shares have a price-to-earnings ratio of just 21 right now, far below the tech sector average of 44. For a technology leader that's making smart moves into AI, that's quite a bargain.
Investors will need to keep a close eye on how well the company executes on its new chip deal with Meta and how much sales and earnings it actually brings in. They'll also want to keep watch to see how well Qualcomm uses its new Modular purchase to improve its expanding AI offerings.
Some of these things will take a little time to shake out, so investors should be patient as they wait to see how well Qualcomm executes on its plans. At such a low price, buying Qualcomm stock right now could allow investors to benefit from the company's big AI push.
Qualcomm po dni pro investory zvýšil cíl tržeb mimo telefony pro rok 2029 na 40 miliard USD a cíl pro AI datacentra na 15 miliard USD. To vyvolalo předobchodní růst o 12 %.
Our Qualcomm (NASDAQ:QCOM | QCOM Price Prediction) price prediction sits well above where the sell side has landed, and that gap is the entire story. Wall Street’s consensus target of $186.50 implies downside from today’s quote.
Our model sees the opposite. The 24/7 Wall St. price target for Qualcomm is $257.53, pointing to roughly 25.69% upside over the next 12 months, with a 90% confidence read. The recommendation is buy.
24/7 Wall St. Price Target Summary Metric Value Current Price $204.90 24/7 Wall St. Price Target $257.53 Upside 25.69% Recommendation BUY Confidence Level 90% A Sharp Pullback After an Even Sharper Rally Qualcomm has had a wild quarter. The stock is up 21.03% year to date and 34.18% over the past year, but shares have given back 17.34% over the last month after touching $258.96 in May. The recovery off the March low near $129.39 followed a blowout Q1 FY26 earnings report and a Q2 report that delivered $2.65 non-GAAP EPS on $10.6 billion in revenue, a 3.67% EPS beat and the fourth consecutive quarter topping consensus.
The June 24 Investor Day was the catalyst behind this week’s bullish chatter. Management doubled the 2029 non-handset revenue target to $40 billion and laid out a $15 billion AI data center sales target, which triggered a +12% pre-market reaction. Retail sentiment on r/wallstreetbets jumped to 76 on the news.
The Case for $267 and Higher The bull thesis rests on diversification finally cracking the “Qualcomm is just a handset story” narrative. Q2 FY26 automotive revenue hit a record $1.33 billion, up 38% YoY, while IoT grew 9%. CEO Cristiano Amon flagged that a “leading hyperscaler custom silicon engagement is on track for initial shipments later this calendar year,” validating the data center entry.
Add the Alphawave Semi acquisition, the Snapdragon AI-at-the-edge roadmap, a fresh $20 billion buyback authorization, and our bull case targets $267.77, a 30.69% total return.
The Risks Worth Watching Q3 FY26 guidance of $9.2 billion to $10 billion in revenue and non-GAAP EPS of $2.10 to $2.30 implies another sequential decline. Handsets fell 13% YoY on memory supply constraints and China softness. Apple’s eventual modem in-sourcing, customer vertical integration, and US-China trade friction are real overhangs, and insider activity skews to net selling.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Qualcomm didn't make the cut. Grab the names FREE today.
That said, management expects Chinese handset revenue to bottom in Q3 and recover sequentially. Bears would also note operating income dropped 26% YoY, though heavy data center R&D is a big reason why. Our bear case lands at $208.91.
Qualcomm Price Prediction 2026-2030 The 24/7 Wall St. price target of $257.53 reflects high confidence that the data center optionality is mispriced at a forward P/E of 18x. I’d be a buyer here if the hyperscaler shipments land on schedule in late 2026 and China handsets stabilize as guided.
I’d stay on the sidelines if Q3 guidance is cut again or if the Apple modem transition accelerates. The setup favors the bulls.
Looking further ahead, here is where our model projects QCOM could trade, assuming the data center ramp and FY29 revenue goals stay on track.
Year 24/7 Wall St. Price Target 2026 $257 2027 $295 2028 $335 2029 $370 2030 $400 These projections assume Qualcomm executes on its $40 billion non-handset 2029 target. Significant downside could result from Apple’s modem transition or a hyperscaler engagement slipping into 2027.
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IBM má podle článku bezpečnou dividendu: volný peněžní tok pokryl výplatu z 54 % a firma zvyšuje dividendu už 31 let. Management navíc čeká v roce 2026 růst tržeb i volného peněžního toku.
IBM (NYSE:IBM | IBM Price Prediction) has quietly become a cash-generating utility for corporate AI orchestration, sitting on a $255.3 billion market cap with a $12.5 billion generative AI book of business. For income investors who dismiss enterprise tech as too volatile for a retirement portfolio, the question is simple. Is the dividend safe?
Dividend Snapshot Metric Value Annual Dividend $6.76 per share Dividend Yield 2.49% Consecutive Years of Increases 31 years Most Recent Increase $1.68 to $1.69 (April 2026) Dividend Aristocrat Yes (not yet a King) Payout Ratios Leave Real Room to Breathe In 2025, IBM paid $6.255 billion in common dividends against $11.575 billion of free cash flow. That is a comfortable FCF payout ratio of 54%. Earnings per share came in at $11.59 against roughly $6.72 in dividends, so about 58% of profits funded the payout.
Metric TTM Value Assessment Earnings Payout Ratio 58% Healthy FCF Payout Ratio 54% Healthy Operating Cash Flow Coverage 2.1x Strong FCF coverage has held between 1.44x and 1.91x for five straight years. That is the kind of consistency a retiree wants.
Debt Is the One Wrinkle Worth Watching Metric Value Assessment Debt-to-Equity 1.87x Moderate Net Debt-to-EBITDA 2.8x Manageable Interest Coverage 6.3x Strong Cash on Hand $10.8B Solid Buffer Total debt sits at $61.3 billion, up about $6.3 billion after the Confluent deal. EBIT of $12.26 billion covers $1.94 billion in interest 6.3 times. Service costs are not crowding out the dividend.
31 Years of Increases, Slow but Steady Year Annual Dividend 2026 (run rate) $6.76 2025 $6.72 2024 $6.66 2023 $6.63 2022 $6.59 Growth is slow, near 1% annually recently, but uninterrupted. IBM has paid quarterly dividends every year since 1916.
Krishna Backs Up the Cash Story CEO Arvind Krishna told investors on the Q1 2026 call: “Given this strong start, we continue to expect more than 5 percent constant currency revenue growth and an increase of about $1 billion in year-over-year free cash flow in 2026.” Guiding to roughly $15.7 billion of FCF against a $6.3 billion dividend obligation gives management plenty of room.
Verdict: Safe, With Eyes on the Balance Sheet Dividend Safety Rating: Safe. FCF covers the payout nearly 2x, interest coverage is north of 6x, and management is guiding to higher cash generation. I would be comfortable owning IBM for income if the software and Red Hat acceleration continues funding the dividend organically. I would get cautious if acquisition-driven debt climbs past 3.5x EBITDA or FCF guidance slips. For now, this is a cash-rich AI sanctuary that fits a retiree’s portfolio.
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Akcie Charter Communications vyskočily o více než 24 % po zprávě, že jedná se SpaceX o partnerství při nabídce mobilních služeb. Dohoda zatím nebyla uzavřena.
Charter Communications shares CHTR surged over 24% in premarket trading on Monday after a Bloomberg report said the cable and broadband giant was in discussions with SpaceX over a potential partnership to offer consumer mobile services.
According to the report, executives from SpaceX and Charter have held high-level talks about working together on a mobile phone offering.
While the discussions remain private and no agreement has been finalized, investors welcomed the possibility of Charter becoming a key partner in SpaceX's expanding consumer connectivity ambitions.
People familiar with the discussions told Bloomberg that Charter, the largest home internet provider in the United States, could route some of SpaceX's mobile traffic through its ground-based internet infrastructure, similar to how it currently supports its Spectrum Mobile service.
Such an arrangement would advance SpaceX's plans to become a broader direct-to-consumer mobile provider rather than relying solely on partnerships with established wireless carriers.
The discussions gained added significance after the Financial Times reported on Friday that SpaceX intends to offer mobile services directly to consumers.
To achieve that goal, the company will require significant mobile spectrum holdings alongside extensive terrestrial infrastructure to complement its satellite network.
SpaceX has already been strengthening its wireless assets.
The company recently acquired mobile spectrum in the Federal Communications Commission's AWS-3 auction after purchasing additional spectrum rights from EchoStar last year.
"Starlink Mobile will far exceed Starlink broadband in the home," SpaceX President Gwynne Shotwell recently told CNBC.
"Not everybody is going to need broadband, a Starlink broadband, in their homes. There's lots of other options as well. But I think the numbers of users of Starlink Mobile will far exceed our Starlink broadband."
Currently, SpaceX offers Starlink Mobile as a $10-per-month add-on through T-Mobile, allowing users to send text messages and make internet-based calls in remote areas beyond conventional cellular coverage.
For Charter, a partnership with SpaceX could mark a strategic shift at a time when investors have become increasingly concerned about Starlink's growing competitive threat.
Despite expanding its wireless business through Spectrum Mobile and agreeing last year to merge with Cox Communications, Charter's shares have fallen about 36% so far this year as Wall Street reassessed the risks posed by satellite broadband.
Through Spectrum Mobile, Charter currently provides wireless services using infrastructure agreements with T-Mobile and Verizon while routing a substantial portion of customer traffic over its own Wi-Fi network.
The addition of Cox is expected to expand Charter's subscriber base by more than 20%, strengthening its position in broadband and mobile services.
Investor sentiment toward Starlink has shifted sharply over the past year.
For years, the satellite internet business was largely viewed as serving rural areas lacking access to cable or fibre broadband.
However, its rapid subscriber growth and expansion into commercial aviation have prompted analysts to reassess its long-term competitive impact.
Starlink has doubled its subscriber base annually in recent years while securing major broadband contracts with airlines including American Airlines and United Airlines.
Wolfe Research analyst Peter Supino recently warned that Starlink could become "a comet bearing down on broadband incumbents."
Wall Street is increasingly concerned that SpaceX could begin taking broadband market share from cable operators including Charter and Comcast, as well as fibre providers such as AT&T and Verizon.
Among those companies, cable operators are widely regarded as the most exposed because broadband services generate the majority of their profits and rely on ageing network infrastructure.
Against that backdrop, any partnership between Charter and SpaceX could potentially transform a growing competitive threat into a strategic opportunity for both companies.
Following a successful launch on the brand's direct-to-consumer site, where it became the #1 selling product1, Beyond Steak Filet makes its retail debut
EL SEGUNDO, Calif., June 29, 2026 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND), otherwise known as Beyond The Plant Protein Company™, today announced the launch of Beyond Steak Filet at Wegmans and H-E-B. This announcement marks the first time Beyond Steak Filet is available to consumers at retail.
Since launching on the brand's direct-to-consumer site in October 2025, Beyond Steak Filet has received overwhelmingly positive feedback and has quickly become the site's #1 selling product2, with consumers praising its delicious taste, great texture, and strong nutritional profile. Packed with 28g of plant protein, 3g of fiber, and just 1g of saturated fat per serving, and made with mycelium and heart-healthy3 avocado oil, the whole-cut filet delivers the tender, juicy bite and flavor of a top-quality steak. Made with clean, simple ingredients, Beyond Steak Filet is one of more than 20 products across the brand's portfolio to have earned Clean Label Project Certification, which recognizes products that meet rigorous standards for purity and transparency. The plant-based cut also contains no added antibiotics or hormones and is Non-GMO Project Verified.
“I believe Beyond Steak Filet is our most compelling center-of-the-plate innovation since the Beyond Burger,” said Ethan Brown, Founder and CEO of Beyond Meat. “The product marks the introduction of the powerhouse ingredient mycelium into our portfolio and delivers 28g of clean protein with just 1g of saturated fat from avocado oil. Whereas consumers are typically advised to limit their consumption of steak, the remarkable nutritional profile of Beyond Steak Filet means you can turn any meal into a steak occasion.”
Crafted to sear beautifully, Beyond Steak Filet can be enjoyed in tacos, salads, and grain bowls, or served alongside your favorite sides for a steakhouse-inspired meal. For additional information about Beyond Steak Filet and to find a store near you, visit www.beyondmeat.com.
About Beyond Meat
Beyond Meat, Inc. (NASDAQ: BYND), otherwise known as Beyond The Plant Protein Company™, is a plant protein company offering a portfolio of plant-based products made with non-GMO ingredients, no added hormones or antibiotics, and 0mg of cholesterol per serving. Founded in 2009, Beyond Meat’s core products are designed to have the same taste and texture as animal-based meat while being better for people and the planet. The company’s brand promise, Eat What You Love®, represents a strong belief that there is a better way to feed our future and that the positive choices we all make, no matter how small, can have a great impact on our personal health and the health of our planet. By shifting from animal-based protein to plant-based protein, we can positively impact four growing global issues: human health, climate change, constraints on natural resources and animal welfare. Visit www.BeyondMeat.com and follow @BeyondMeat on Facebook, Instagram, Threads and LinkedIn.
Beyond Meat Forward Looking Statements
Certain statements in this release constitute “forward-looking statements.” These statements are based on management’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Beyond Meat believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. There are many risks and uncertainties that could cause actual results to differ materially from forward-looking statements made herein including, most prominently, the risks discussed under the heading “Risk Factors” in Beyond Meat’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the U.S. Securities and Exchange Commission (“SEC”) on April 9, 2026, Beyond Meat’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 28, 2026 filed with the SEC on May 7, 2026, as well as other factors described from time to time in Beyond Meat’s filings with the SEC. Such forward-looking statements are made only as of the date of this release. Beyond Meat undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If Beyond Meat does update one or more forward-looking statements, no inference should be made that Beyond Meat will make additional updates with respect to those or other forward-looking statements.
1 “#1 seller” refers exclusively to unit sales on Beyond Test Kitchen DTC website since October 2025. No comparison to broader market or category sales is intended or implied.
2 “#1 seller” refers exclusively to unit sales on Beyond Test Kitchen DTC website since October 2025. No comparison to broader market or category sales is intended or implied.
3 Diets low in saturated fat and cholesterol, and as low as possible in trans fat, may reduce the risk of heart disease.
Beyond Meat Launches Beyond Steak Filet at Wegmans and H-E-B Following a successful launch on the brand's direct-to-consumer site, where it became the #1 selling... Beyond Steak Filet is one of more than 20 products across the brand’s portfolio to have earned Clean... Packed with 28g of plant protein and mycelium, 3g of fiber, and only 1g of saturated fat from heart-...
Carnival Corporation dokončila rozšíření mola v Celebration Key na Bahamách o dvě nová stání. Destinace tak zvládne až čtyři lodě současně a více než 13 000 hostů denně.
Newly expanded pier adds two additional berths at world's largest cruise company's exclusive destination, supporting increased guest arrivals and operational flexibility
, /PRNewswire/ -- Carnival Corporation (NYSE: CCL), the world's largest cruise company, today announced the successful completion of its Celebration Key pier extension on Grand Bahama Island. The flagship expansion adds two new berths, enabling Celebration Key to accommodate up to four ships simultaneously and welcome over 13,000 guests in a day to the popular exclusive destination.
Carnival Corporation Completes New Pier Extension for Celebration Key in The Bahamas Building on the original two-berth pier that opened with Celebration Key in July 2025, the two additional berths were delivered ahead of schedule and double the arrival capacity to four ships at once. This marine-side expansion adds operational flexibility and unlocks roughly 200 more ship calls and 700,000 additional guest arrivals each year.
"Celebration Key is one of the centerpieces of our Paradise Collection – a bold destination built to redefine what a Caribbean vacation can feel like," said Josh Weinstein, CEO of Carnival Corporation. "From a mile of white sand beach to the Caribbean's largest freshwater lagoons and five distinct experience portals, every part of Celebration Key was designed to deliver something unforgettable. Finishing the pier extension ahead of schedule gives us a real jump on meeting the extraordinary demand we're seeing and allows us to bring even more guests to this unique Bahamian paradise sooner than expected."
In less than 18 months, Celebration Key has firmly established its role as a cornerstone of Carnival Corporation's Paradise Collection. Twenty Carnival Cruise Line ships now call from 10 U.S. homeports reflecting Celebration Key's cornerstone position within the company's Caribbean deployment strategy. Starting September 2026, three- and four-ship days will be routine at the destination, and later this year, Princess Cruises and AIDA will join the rotation as Celebration Key becomes a true Carnival Corporation portfolio-wide Caribbean platform.
"Celebration Key's expansion reflects continued confidence in Grand Bahama and in The Bahamas as a leading tourism destination," said the Hon. Glenys Hanna Martin, Minister of Tourism. "Our priority is to ensure that investments of this scale create meaningful opportunities for Bahamian businesses, expand employment, and deliver lasting economic benefits to our people. We congratulate the team at Celebration Key on its first anniversary and look forward to its continued contribution to Grand Bahama's economy and the well-being of its communities."
"The expansion of Celebration Key's pier is a powerful endorsement of Grand Bahama's economic potential," said the Hon. Ginger Moxey MP., Minister for Grand Bahama. "Every ship that calls on our island creates opportunities for Bahamians—from entrepreneurs and small businesses to countless families who depend on a thriving tourism sector. This investment represents more than new infrastructure; it is an investment in our people, our economy, and a future built on sustainable, year-round growth."
When Celebration Key marks its first anniversary on July 19, 2026, it will have welcomed approximately 2.5 million guests. With the pier extension now in place, year two is expected to bring that number to about 3.5 million – growth that will deliver meaningful long-term benefits for The Bahamas. According to an economic impact study by Tourism Economics (an Oxford Economics company), the development, construction, and ongoing operation of Celebration Key is projected to create more than 2,500 direct Bahamian jobs, generate $3.2 billion in incremental government revenue, and contribute $9.7 billion in incremental GDP impact over the next two decades.
Celebration Key is just one of the seven exclusive Caribbean destinations that make up Carnival Corporation's Paradise Collection, which also includes RelaxAway Half Moon Cay, Isla Tropicale (Roatan), Amber Cove (Dominican Republic), Puerto Maya (Cozumel, Mexico), Grand Turks Cruise Center (Turks & Caicos) and Princess Cays (The Bahamas). Together, the Paradise Collection is unmatched by any other cruise company, creating differentiated guest experiences that drive incremental demand, support pricing strength and reinforce the company's leadership in the world's most popular cruise region.
About Carnival Corporation
Carnival Corporation is the largest global cruise company and among the largest leisure travel companies, with a portfolio of world-class cruise lines – AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises, Princess Cruises, and Seabourn. Carnival Corporation Ltd. trades under the ticker symbol CCL on the NYSE and is a member of the S&P 500.
For more information, please visit www.carnivalcorp.com, www.aida.de, www.carnival.com, www.costacruises.com, www.cunard.com, www.hollandamerica.com, www.pocruises.com, www.princess.com, and www.seabourn.com.
To learn more about Carnival Corporation's purpose and our commitment to sustainability, go to Our Impact.
Oracle představil čtyři nové Fusion Agentic Applications v Oracle Cloud SCM, které mají zlepšit viditelnost zásob, zmírnit dopady problémů v dodavatelském řetězci a zvýšit efektivitu výroby. Současně přidává nové funkce pro optimalizaci zásob.
Latest updates in Oracle Cloud SCM also include new inventory optimization capabilities
, /PRNewswire/ -- Oracle today announced four new Fusion Agentic Applications that will help organizations improve supply chain performance by increasing inventory visibility, reducing supplier and operational impact, and improving manufacturing efficiency. Built into Oracle Fusion Cloud Supply Chain & Manufacturing (SCM), the new agentic applications are powered by coordinated teams of specialized AI agents that are outcome-driven, proactive, reasoning-based, and engineered for enterprise execution. In addition, to help organizations further increase supply chain resilience, Oracle is also introducing new inventory optimization capabilities.
"Supply chain leaders are under increasing pressure to improve service levels, control costs, and respond faster to disruption amid ongoing economic and operational uncertainty," said S.Y. Shenoy, senior vice president, Fusion SCM development, Oracle. "With the new agentic applications and inventory optimization capabilities in Oracle Cloud SCM, organizations can identify issues sooner, prioritize actions, and make faster, more informed decisions across planning, procurement, and manufacturing."
Part of Oracle Fusion Cloud Applications, Oracle Cloud SCM helps organizations enhance resilience and quickly adapt to market changes by providing a unified AI-powered platform that integrates supply chain planning and execution processes. It includes embedded AI agents and agentic applications that help accelerate product design, manufacturing, procurement, order fulfillment, and logistics execution. In addition, customers can take advantage of the AI Agent Studio for Fusion Applications to build, connect, and run AI automation and agentic applications using reusable Oracle, partner, and external agents without traditional application development.
Fusion Agentic Applications for Supply Chain
Running on Oracle Cloud Infrastructure and powered by industry-leading LLMs, the new Fusion Agentic Applications move beyond assistance to execution, helping supply chain leaders improve business outcomes. By operating inside the existing Oracle Fusion Applications security framework, they can autonomously progress routine work within established guardrails and surface exceptions, tradeoffs, and decisions where desired, such as when human judgment can materially change the outcome. There are four new Fusion Agentic Applications now available within Oracle Cloud SCM:
Inventory Planning Command Center: Helps supply chain teams improve inventory availability, increase service levels, and resolve stockouts faster. This shifts inventory management from manual tracking to an automated, business-driven workflow that helps teams reduce disruptions and improve inventory responsiveness. Supplier Qualification Workspace: Helps procurement teams reduce supplier risk, improve compliance processes, and accelerate supplier qualification. This moves supplier qualification from fragmented tracking and manual follow-up to a guided, risk-based process that helps teams improve compliance posture and accelerate supplier onboarding decisions. Production Readiness Workspace: Helps manufacturing teams improve production readiness and reduce setup errors. This shifts production readiness from manual checklists to proactive corrections and prioritized actions that help teams reduce errors and prevent production delays. Kanban Administrative Workspace: Helps manufacturing teams improve Kanban replenishment, reduce shortages and excess inventory, and maintain production flow. This elevates Kanban replenishment from periodic manual review to proactive, exception-based optimization that helps teams enhance production flow. Inventory Optimization for Supply Chain Planning
New inventory optimization capabilities in Oracle Fusion Cloud Supply Chain Planning help organizations improve inventory performance while balancing service levels and inventory costs. The new capabilities include:
Multi-echelon inventory optimization: Helps supply chain teams improve inventory placement and reduce excess inventory across complex supply chain networks by calculating recommended safety stock targets across the network based on demand and lead time variability. Interactive inventory network visualization: Helps planners better understand inventory performance and supply chain dependencies by providing an integrated view of supply chain relationships, inventory levels, and service-level metrics across the network. Inventory Optimization Advisor Agent: Helps planners identify inventory risks and improve service levels by highlighting the factors contributing to service-level shortfalls, analyzing inventory dependencies, and recommending safety stock adjustments. To learn more about Oracle Cloud SCM, visit oracle.com/scm.
About Oracle Fusion Cloud Applications
Oracle Fusion Cloud Applications provide an integrated suite of AI-powered cloud applications that enable organizations to execute faster, make smarter decisions, and lower costs. Oracle Fusion Applications include:
Oracle Fusion Cloud Enterprise Resource Planning (ERP): Provides a comprehensive suite of AI-powered finance and operations applications that help organizations increase productivity, reduce costs, expand insights, improve decision-making, and enhance controls. Oracle Fusion Cloud Human Capital Management (HCM): Provides a unified AI-powered HR platform that connects people, processes, and data to help organizations automate the employee lifecycle, enhance the employee experience, and drive better business outcomes with a human-agent workforce. Oracle Fusion Cloud Supply Chain & Manufacturing (SCM): Provides a unified AI-powered platform that integrates supply chain and operations processes and helps organizations enhance resilience and quickly adapt to market changes. Oracle Fusion Cloud Customer Experience (CX): Provides a suite of AI-powered applications that help organizations manage marketing, sales, and service processes to win business, build stronger customer relationships, and improve customer experiences. About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
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