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Nintendo (TYO: 7974) is preparing to deliver the first of its two yearly dividends today, June 29, when shareholders are going to receive a dramatically larger payout than six months ago.

Notably, the company announced a payment of JP¥177 ($1.09) per share, meaning investors holding 100 Nintendo shares will receive JP¥17,700 ($109) in semiannual dividends, or P¥35,400 ($218) this year if the payout remains unchanged.

As such, today’s payout represents a 321.43% increase from Nintendo’s most recent dividend of JP¥42 ($0.26) per share paid in December 2025, according to DivvyDiary data.

Nintendo dividends calendar. Source: DivvyDiary To be eligible for the payout, shareholders must own Nintendo stock as of the March 30 ex-dividend date.

Note that for investors outside Japan, the company’s American Depositary Receipts (ADRs) trade on the U.S. over-the-counter (OTC) markets under the ticker NTDOY.

Nintendo dividend history The upcoming Nintendo stock dividend thus marks a sharp rebound from the company’s latest payment cycle. 

Namely, in 2025, Nintendo paid a total annual dividend of JP¥127 ($0.78) per share, consisting of a JP¥85 ($0.52) payment in June and a significantly smaller JP¥42 ($0.26) payment in December, which represented a 50.59% decline.

Now, the June 29 JP¥177 ($1.09) dividend not only exceeds the December payout by more than four times but also stands JP¥92 ($0.57) higher than the company’s larger June 2025 distribution of JP¥85 ($0.52).

The increase comes as the gaming giant’s stock is down about 35% year-to-date. As a result, the substantial improvement in shareholder returns is seen by many as potentially reflecting stronger earnings expectations, capital allocation decisions, or improved business performance heading into fiscal 2026.

What’s more, the Japanese company also raised employee salaries by 10% just two days prior, and its shares were up roughly 5% on the daily chart at the time of writing, which has boosted confidence in management’s vision and the firm’s financial position.  

Featured image via Shutterstock

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June 29, 2026 07:01 ET  | Source: IREN

NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced that it has been added to the Russell 1000 Index effective after market close on June 26, following the FTSE Russell Indexes reconstitution.

The Russell 1000 Index includes approximately 1,000 of the largest U.S. companies based on market capitalization and is widely used by investors as a benchmark for the performance of large-cap stocks.

Inclusion in the Russell 1000 Index represents an important milestone for IREN. It follows a period of continued expansion of IREN’s U.S. operations and customer base.

The Russell 1000 is managed by FTSE Russell, a global leader in index and analytics. Membership in the Russell 1000 Index is based on membership in the broad-market Russell 3000 Index.

About IREN

IREN is a vertically integrated AI Cloud provider, delivering large-scale data centers and compute for AI training and inference. IREN’s platform is underpinned by its expansive portfolio of grid-connected land and power in renewable-rich regions across North America, Europe and APAC.

Contacts

Investors
[email protected]

Media
[email protected]

Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or IREN’s future financial or operating performance. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies, revenue targets and trends we expect to affect our business. These statements often include words such as “anticipate,” “believe,” “may,” “can,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “target”, “will,” “estimate,” “predict,” “potential,” “continue,” “scheduled”. Forward-looking statements may also be made, verbally or in writing, by members of our Board or management team in connection with this news release.

These forward-looking statements are based on management’s current expectations and beliefs. These statements are neither promises nor guarantees, but involve and are subject to known and unknown risks, uncertainties and other important factors that may cause IREN’s actual results, performance or achievements to differ materially from any future results performance or achievements expressed or implied by the forward-looking statements, including IREN’s ability to successfully execute on its growth strategies and operating plans, achieve its targeted annualized AI Cloud revenue, continue to develop its existing data center sites, design and deploy direct-to-chip liquid cooling systems, and diversify and expand into the market for high performance computing solutions (including the market for cloud services and potential colocation services), along with other important factors discussed under the caption “Risk Factors” in IREN’s Annual Report on Form 10-K, filed with Securities and Exchange Commission (the “SEC”) on August 28, 2025 and our other filings with the SEC. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any forward-looking statement included in this press release speaks only as of the date of such statement. Except as required by law, IREN disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise.

Vancouver, British Columbia--(Newsfile Corp. - June 29, 2026) - Mackay Gold & Silver Corp. (TSXV: MACK) (OTCQB: MKGSF) ("Mackay" or the "Company") is pleased to announce that the first drill rig has been mobilized to site and the Company's initial 20,000-metre drill program has commenced at its 100%-owned Comstock District property in Nevada.

The Phase 1 drill program marks a significant milestone for Mackay, the start of the first ever large-scale, systematic exploration drilling along the Occidental-Brunswick Lode, a multi-kilometre vein system running parallel to the historic Comstock Lode (Figure 1). Plans for this Phase 1 program include:

Shallow RC drilling over a 1,000 m x 400 m area at Occidental South, targeting a zone of high-grade oxide gold-silver mineralization associated with strong gold-in-soil geochemistry

Deeper core drilling to test the depth projection of the Occidental-Brunswick Lode near to where the historic Sutro Dewatering Tunnel reportedly crossed a 30 m thick interval of the lode at a vertical depth of approximately 450 m below surface

The Phase 1 drill program is planned for between 80 to 100 drill holes with capacity to expand

"Seeing rigs turning on the ground is what this has all been building toward. After assembling the largest consolidated land package in the district's history, we are launching the first modern systematic exploration effort this historic district has seen," stated Darwin Green, CEO and Director.

"Our initial focus is the Occidental-Brunswick Lode, a compelling highly underexplored target that's been hiding in plain site for over a century. The Occidental-Brunswick Lode is a 3-mile-long mineralized structure, with the same strike, dip, and overall geological setting and character as the neighboring Comstock Lode that was mined to depths of over 3000 feet. We interpret post-mineral faulting to have down-dropped the Occidental-Brunswick relative to the Comstock, placing the richest portions of the lode at depth. The current drill program targets both near-surface oxide mineralization, which is low-grade by historical Comstock standards but high-grade in comparison to modern oxide gold deposits, and the deeper parts of the lode for the kind of very high-grade mineralization the historic Comstock District is best known for."

Phase 1 Program Details

The Phase 1 program consists of approximately 15,000 metres of Reverse Circulation ("RC") drilling and 5,000 metres diamond core drilling. The RC drill rig arrived on site June 17th, and drilling is now underway. The core drill rig is scheduled to arrive in early August. Assays will be reported as they are received, compiled, and verified, with reporting of first assay results currently projected for late summer. The Company looks forward to providing results and ongoing updates as the program advances.

At Occidental South, drilling will include step-outs at 50 m to 100 m spacing along 1000 meters of strike and 300 meters down dip of a zone of oxide gold-silver mineralization as defined in outcrop and limited drilling by previous operators (between 2018 and 2021). No prior modern exploration occurred in this area due to property boundary impediments and limitations. The mineralized zone is supported by strong gold-in-soil geochemistry across the entire length of an approximately 1,000 m long detailed soil grid (Figure 2). Majority of the RC drilling is planned with hole depths from 100 m to 250 m.

Photo 1: Drill rig assembled on site at Occidental South

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/12351/303223_drill%20rigsonsite.jpg

Initial core drilling is designed to test the depth projection of the Occidental vein-structure at 100 m spacing, testing above, below, and either side of the historic Sutro Dewatering Tunnel intersection with the Occidental-Brunswick lode. The 4-mile tunnel was built in the late 1870's and connected to the 1,640-foot level of the main Comstock mines, allowing gravity flow drainage from the mines. The tunnel, which was oriented perpendicular to the strike of the main lodes, crosscut a 100 ft (30 m) wide interval of the Occidental-Brunswick Lode that was reportedly mineralized but considered below the cut-off grade at the time (estimated at approximately 8 g/t gold equivalent). The tunnel is no longer accessible and has never been drill-tested.

Mackay Gold & Silver Corp.

Mackay Gold & Silver Corp. is a Nevada-focused gold and silver exploration company with 100% control of a large, consolidated land package in one of America's richest, productive and oldest mining districts. With an estimated 8.2 million ounces of historical gold production and 192 million ounces of silver produced between 1859 and 1926 from so called 'bonanza lodes' that averaged 35 g/t gold and 726 g/t silver, the Comstock district is recognized as one of America's highest grade epithermal systems and an attractive setting for modern discovery. Led by an experienced team with a strong track record of discovery, development, and value creation, Mackay is well funded and committed to delivering shareholder value through disciplined exploration and responsible resource development.

Qualified Person

The scientific and technical information contained in this news release has been reviewed and approved by Darwin Green, Chief Executive Officer and director of the Company, and a Qualified Person under NI 43-101. Mr. Green is not independent of the Company.

Further Information

For further information, please contact:

Mackay Gold & Silver Corp.
Suite 405, 375 Water Street,
Vancouver, British Columbia V6B 5C6
Canada

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This press release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes, among other things, information regarding: the ability of the Company to carry out its exploration and land consolidation strategies, the discovery potential for the Comstock District and the success of any market-making activities.

Readers are cautioned that forward-looking information is not based on historical facts but instead reflect management of the Company's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are, among other things, the following: the ability of the Company to obtain regulatory approval, changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; stock market volatility that may adversely affect the price of the Company's securities; the ability of the Company to carry out its exploration, land consolidation, and market-making activities as currently contemplated; and compliance with extensive government regulation. This forward-looking information may be affected by risks and uncertainties in the business of the Company and market conditions.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and do not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Figure 1. Planned RC and Core drilling target areas on the Occidental-Brunswick Lode.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/12351/303223_7624cdbc04f90827_002full.jpg

Figure 2. Occidental South RC drill target area highlighting gold-in-soil geochemistry and area of past drilling at the southern end of the Occidental-Brunswick Lode.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/12351/303223_7624cdbc04f90827_003full.jpg

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303223

Source: Mackay Gold & Silver

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TALLINN, Estonia, June 29, 2026 (GLOBE NEWSWIRE) -- Swarmer, Inc. (“Swarmer” or the “Company”) (NASDAQ: SWMR), a drone autonomy software company which has supported more than 100,000 real-world combat missions in Ukraine since April 2024, today announced that  Meta Bureau LLC updated their May 2026 contract with Swarmer's subsidiary, Swarmer Estonia OÜ. The new contract stipulates that $1.41 million in SkyKnight software licenses will instead be purchased by Czech-based Progress TRW S.R.O.

SpaceX's $25 billion foray into debt markets appeared to be well received by bond markets last week, with huge demand for the offering.

But one of the biggest-ever AI bond issuances, less than two weeks after SpaceX's IPO, has highlighted the group's intense financing needs, capital spending plans and future refinancing obligations — and posed a diversification challenge for investors.

Why SpaceX tapped debt marketsThe group tapped debt markets on June 22, announcing a senior unsecured notes offering, with sources telling CNBC that the company was looking to raise $20 billion, which was then increased to $25 billion. The company said it would use the net proceeds to "repay the outstanding borrowings under its bridge loan facility in full, to pay related fees and expenses, and any remaining amount for general corporate purposes."

SpaceX stock soared after its hotly-anticipated IPO. Last week's debt issuance dented investor confidence.

SpaceX received nearly $90 billion worth of orders, people familiar with the fundraising previously told CNBC. They asked not to be named because the details are private.

But the move appeared to unnerve equity investors, with SpaceX falling more than 13% for the week after a strong post-IPO run.

Chris Beauchamp, chief market analyst at IG, said SpaceX will increasingly have to "work hard to make itself heard," adding there are plenty of offerings from more profitable concerns that can steal the limelight.

"Equity investors are one thing, but bond guys are the grown-ups in the room," Beauchamp told CNBC via email. "SpaceX might find it has its work cut out for it, but I suspect the market can absorb the issuance overall."

"The timing certainly isn't great, but we have seen brief bouts of panic like this before, and the wagon tends to roll onwards in the end."

Christopher Della Fave, senior vice president, capital markets at Post Oak Group, said: "Two weeks after the largest IPO in history, SpaceX is already tapping debt markets while carrying a $5 billion net loss and capex that more than doubled year over year."

Why SpaceX bonds raise diversification questionsDella Fave said SpaceX's losses and high capital expenditure aren't "alarming" in isolation, as "capital-intensive growth companies run hot."

However, he highlighted "the structural issue" that "investors aren't pricing in."

"Owning SPCX equity and SpaceX bonds isn't diversification," Della Fave added. "It's the same execution risk across two instruments."

"Starlink has to scale. Starship has to work. Both the equity story and the debt service depend on it. For portfolio construction, we treat total SpaceX exposure as a single concentrated position regardless of instrument, the same way you'd approach any single-name technology bet dressed up as a multi-asset allocation."

SpaceX's multi-billion-dollar debt issuance means many investors have become exposed to the group via two different asset classes – equities, via its blockbuster IPO on June 12 – and now, corporate bonds.

"Nearly all investors already hold allocations to US technology and the purpose of bonds as an asset class is surely to diversify," Julian Howard, multi-asset head at Gam, told CNBC on Friday.

He pointed out that SpaceX's 10-year issue is trading at a relatively tight spread to the equivalent U.S. Treasury of 1.4 percentage points.

In the debt sale, SpaceX priced bonds in five different tranches, with notes due between 2031 and 2056. Rates vary from 5.35% for the 2031 bonds to 6.65% for the 2056 notes.

"While that is comfortably ahead of inflation, the risk will be that spreads will widen if there is any hint of SpaceX not meeting its ambitious revenue targets, or if the outlook for tech and AI falters in any way," he added. 

In the long term, SpaceX faces two big challenges in the markets, said Morningstar chief investment officer Mike Coop.

"Firstly, the supply of shares will go up as early investors lighten up exposures and monetize gains," he told CNBC.

"Secondly, the current price is too high given the massive uncertainty around the company's prospects and its starting point of being heavily loss making and requiring huge capital investment."

Elon Musk said SpaceX would release new AI models "trained from scratch" every month. WEF/Getty images It's all hands on deck at SpaceX as the company plays catch-up in the AI race.

Elon Musk said on Sunday that SpaceX had deployed "a few dozen" top Starlink and Starship engineers to help overhaul its Grok model.

"The SpaceXAI cadence of model and harness improvement is speeding up tremendously, particularly due to a few dozen of the top Starlink/Starship engineers shifting much of their time to AI," wrote Musk in a post on X.

The billionaire added that engineers from Cursor, the AI coding startup that SpaceX agreed this month to buy for $60 billion, were also working on the new foundation model, which was partly trained on Cursor training data.

Musk said that Grok 4.5, the latest version of the chatbot, was now in private beta at Tesla and SpaceX, and posted that SpaceX would release new models "trained from scratch" every month this year.

Musk's efforts to take the lead in the AI race have faced roadblocks in the past few months.

The Tesla CEO overhauled xAI, the AI startup he founded in 2023 to take on OpenAI and Google, earlier this year in a sweeping reorganization that saw the last of the company's 11 cofounders depart.

XAI's Grok has lagged rival AI models from OpenAI and Anthropic, especially on coding, and Musk wrote in March that xAI was "being rebuilt from the foundations up."

In February, Musk merged xAI with SpaceX, and the deal to acquire Cursor was confirmed shortly after the rocket company's record-breaking $85 billion IPO earlier this month.

The deal cemented the meteoric rise of Cursor, an AI coding startup led by 25-year-old Michael Truell, and saw SpaceX grant Cursor access to the company's supercomputers in return for help training Grok.

Deploying top Starlink and Starship engineers to overhaul Grok is the latest sign that SpaceX is going all in on AI. Musk has said the company will use the windfall from its mega-IPO to build a network of up to a million orbital data centers, built on Starlink technology and carried into space by Starship, that will train and run increasingly advanced AI models.

In its investor materials presented before the IPO, SpaceX estimated its total addressable market was worth $28.5 trillion, of which AI accounts for $26.5 trillion.

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For most of its lifetime, Space Exploration Technologies (SPCX +0.13%) has been a rocket stock: The first private company to put a rocket in orbit, the first to launch and then land a rocket -- then launch it again -- and the company that cut the cost of spaceflight by as much as 75%.

These were SpaceX's claims to fame.

Then came the SpaceX IPO, and with it, the publication of SpaceX's IPO prospectus. When SpaceX at long last revealed its financial data to the world, it became obvious to investors that SpaceX might be an artificial intelligence company (because SpaceX hopes to make most of its money from xAI). Or SpaceX might be a satellite communications company (because Starlink is SpaceX's only profitable division).

But the one thing investors can no longer think about SpaceX is that it's a rocket company.

Image source: The Motley Fool.

Read the prospectus Or can you? Digging deep into the SpaceX prospectus last week (and skipping past the AI parts, which do not interest me at all), I stumbled upon a surprising revelation:

Yes, the Starlink "Connectivity" business is amazingly profitable for SpaceX, generating $4.4 billion in operating profit last year. Yes, the "Space" (i.e., rockets) business appears to be faltering, flipping from a $21 million profit in 2024 to a $657 million operating loss in 2025.

But the reason why is that SpaceX is subsidizing Connectivity at SpaceX.

And it's doing this on purpose.

The secret truth about SpaceX's rockets Here's how SpaceX describes this:

For launches of our Starlink satellites, the Company does not recognize any inter-segment revenue, rather those launch costs are capitalized in satellites in Property, plant, and equipment, net. We allocate a significant amount of launch capacity to our Connectivity segment, and expect to allocate a significant amount to our AI segment in the future. Our Space segment revenue only reflects our customer launches and customer activities.

Furthermore:

For launches dedicated to deploying our Starlink satellites, we capitalize the associated costs within our Connectivity segment and depreciate them over time, and we do not recognize revenue for those launches in our Space segment.

What does this mean? A few things, actually.

SpaceX's Space business is more profitable than you think For one, it tells us that out of the 170 rocket launches that Space conducted in 2025, of which 122 were launches of Starlink satellites and five were Starship test flights, SpaceX only actually charged anyone for 43 launches. An investor can't simply divide Space's $4.4 billion in revenue by 170 launches and conclude that SpaceX is making $26 million per launch. Instead, one must divide $4.4 billion by the only 43 launches for which SpaceX charged anyone anything.

And that results in an average launch price of $102 million.

And Starlink may be less profitable than it appears SpaceX's Prospectus also tells us that when launching a Starlink satellite, instead of Space charging Connectivity upfront for that launch, Connectivity counts the launch as part of the cost of building the satellite. Then Connectivity depreciates the satellite (and the launch) over time.

This doesn't necessarily lower Connectivity's costs, because the cost is still there. But it does lower Space's revenue, because Space is getting zero revenue from launches it performs for Connectivity.

Image source: SpaceX.

What this means for investors Translation: Despite the apparent lack of profits, Space could be an incredibly profitable business for SpaceX if SpaceX allowed it. If Space were to charge $102 million per launch, times 170 launches a year, it would be raking in $17.3 billion in revenue annually -- instead of just $4.4 billion.

This would almost certainly turn Space profitable.

But what about Connectivity -- the apparent powerhouse providing all of SpaceX's profits? In the short term, absorbing launch costs into the construction cost of Starlink satellites boosts profitability. This is because the launch cost isn't recognized and subtracted from profit immediately, but instead spread out and depreciated over each Starlink satellite's five-year lifespan.

So what's the upshot? Does this mean SpaceX's Connectivity profits are "fake?"

No.

Not fake, exactly, but rather front-loaded. As Starlink satellites are depreciated over time, they'll weigh more and more on the Connectivity division's profitability. If you're not just in SpaceX stock for the momentum trading, but plan to hold it as a long-term investment, this is something you'll want to keep in mind.

I'd also point out that SpaceX's approach makes sense from a "telecom stock" perspective. Rival telcos such as Verizon, AT&T, and Comcast also build long-lived assets that both generate revenue and depreciate over time. (In their case, it's just fiber and cable wires instead of satellites for SpaceX.)

These terrestrial telcos still manage to earn operating profit margins of 15% (AT&T) to 23% (Verizon), according to data from S&P Global Market Intelligence. SpaceX may not be able to maintain its own 38.6% operating margin at Connectivity, but it might still do as well as or even better than its rivals.

We'll need to keep close track of the numbers, though, to see how this works out over time -- because as it turns out, the most important favor SpaceX's launch business does for Starlink isn't just launching satellites.

It's postponing the bill.

SummaryCompaniesAntitrust case is Apple's biggest regulatory headache in IndiaApple asks for investigation findings to be quashedCompany says it is a 'minuscule player' in IndiaIndia watchdog probe found Apple engaged in 'abusive conduct'NEW DELHI, June 29 (Reuters) - Apple has accused Indian antitrust investigators of "copy-pasting" its rivals' claims and failing to properly conduct its own investigation in concluding the U.S. tech giant breached competition laws, ​calling for the findings to be quashed, regulatory papers reviewed by Reuters showed.

The June 25 Apple (AAPL.O), opens new tab submission, being reported for the first time, marks the sharpest escalation ‌yet in Apple's fight with the Competition Commission of India (CCI), where Tinder-owner Match (MTCH.O), opens new tab and Indian startups are among its opponents.

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In 2024, CCI investigators privately issued a report saying Apple engaged in "abusive conduct" on the apps platform of its iOS operating system, and wrongly mandated the use of its payment system.

Apple has denied the allegations. It said in its submission that it was a "minuscule player" with an under 6% share of India's smartphone market, ​and the investigation conclusions were built on rivals' claims rather than on the CCI's independent analysis.

Apple said any "forced alterations to Apple's carefully designed App Store could disrupt its ​integrated business model," and argued against any penalties and behavioural remedies that could force it to change its approach.

"The imposition of remedies would ⁠create regulatory uncertainty and could deter investments in India's digital economy," the company added.

The CCI and its head of investigations did not respond to Reuters queries. Apple also did not respond ​to requests for comment.

Similar arguments by other big companies have failed to sway the CCI. In 2023, Alphabet's (GOOGL.O), opens new tab Google argued in its antitrust case that CCI's order risked stalling its growth, but ​the company was later forced to make changes to the way it promoted its Android system, which dominates the Indian smartphone market.

Senior officials from the CCI are due to hold a closed-door hearing with all parties in the case on July 21.

'COPY-PASTING' ALLEGATIONSIn its submission, Apple drew up tables to argue the CCI investigation team had not done its own analysis and instead indulged in "copy-pasting" many submissions from opponents in the case such ​as Match, Walmart's Indian payments app, PhonePe, and Indian rival Paytm.

"The DG (Director General) made no effort whatsoever to independently verify or critically assess these statements, often parroting them verbatim," Apple ​said.

Match, Paytm and PhonePe did not respond to Reuters requests for comment.

Apple also said the CCI investigation reports "blindly replicated" a graphic on worldwide consumer spending on mobile apps and games from an EU ruling against ‌Apple in ⁠2024, even though India faced different market conditions.

A Reuters review of footnotes of the EU order and Indian investigation report showed both referenced data from Statista, an online research website.

In 2023, Google also argued Indian investigators copied parts of a European ruling. "We have not cut, copy and pasted," CCI said at the time.

WATCHDOG SAYS APPLE STALLING CASEApple is facing antitrust challenges around the world, from Europe to the United States.

The Indian case, however, is progressing at a time when Apple faces many supply chain issues, including a data breach at its Indian contract manufacturer Tata.

The watchdog has accused Apple of stalling ​the case for more than two years ​by not submitting responses to the investigation ⁠findings and pursuing a parallel challenge to India's antitrust penalty law, which allows for potential fines of up to 10% of company turnover in the previous three years. The CCI has not said which Apple revenues might be considered but any fine could potentially run into millions of dollars.

Apple submissions show ​it has submitted the "relevant turnover of Apple in India" for fiscal years 2022-24 as required — typically used by the watchdog for penalty ​calculations.

In the submissions, Apple is also ⁠arguing officials failed to grant the tech firm "a single opportunity to record its statements and provide oral evidence" during the probe.

Google was provided several opportunities to defend itself and explain its business model during its Android case, according to the Apple submission.

"While desirable, the CCI's investigation team is under no legal obligation to give an oral hearing if it feels it has conclusive evidence," said Gautam ⁠Shahi, an Indian ​antitrust lawyer at Dua Associates.

"CCI's members will now decide if Apple should have been given that opportunity."

As Apple ​diversifies iPhone manufacturing beyond China, India is a key market — the country is set to make 26% of the world's iPhones in 2026, up from 6% four years ago, according to Counterpoint Research.

If CCI does consider penalties, Apple said ​mitigating factors should be considered, including its "unblemished record" and the fact that it has exported iPhones worth $51 billion from India over the past five years.

Reporting by Aditya Kalra; Editing by Kate Mayberry

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Aditya Kalra is the Company News Editor for Reuters in India, overseeing business coverage and reporting stories on some of the world's biggest companies. He joined Reuters in 2008 and has in recent years written stories on challenges and strategies of a wide array of companies -- from Amazon, Google and Walmart to Xiaomi, Starbucks and Reliance. He also extensively works on deeply-reported and investigative business stories.

Tesla stock is holding steady today. Where is TSLA stock headed? The NHTSA RollercoasterQ2 Deliveries on the HorizonOn June 24, Tesla, Sunrun, and Renew Home announced a framework to deliver more than 16 gigawatts of flexible energy capacity to hyperscalers and utilities, aggregating millions of existing home batteries, smart thermostats, and electric vehicles into what would be the largest distributed power plant in the country.

The framework requires no new hardware, software, or interconnection, and is deployable in months, not years. In Virginia alone, the companies have more than 300 megawatts available for immediate deployment, expected to grow to at least 500 megawatts by 2030. The deal puts Tesla’s Powerwall and energy ecosystem at the center of the AI data center power crunch narrative.

Tesla Shares GainTSLA Price Action: At the time of publication, Tesla shares are trading 0.89% higher at $383.09, according to data from Benzinga Pro.

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NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Microsoft Corporation (NASDAQ:MSFT) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

If you invested in Microsoft, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit.

Key Details of the Microsoft ($MSFT) Class Action:

Lead Plaintiff Deadline: August 11, 2026Alleged Misconduct: Securities fraud alleging that Microsoft misled investors regarding its Azure cloud computing platform and AI chatbot CopilotStock Drop: January 28, 2026 – 10% Stock DropCourt: U.S. District Court for the Western District of WashingtonAction: Contact BFA Law to discuss your rights
Investors have until August 11, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Microsoft common stock. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned City of St. Clair Shores Police and Fire Retirement System, et al., No. 26-cv-02071.

Why is Microsoft Being Sued for Securities Fraud?

Microsoft is a multinational technology company that develops software, cloud services, and devices. In recent years, Microsoft’s cloud computing platform named Azure has been Microsoft’s main growth driver. A key reason for Azure’s recent growth is Microsoft’s multi-billion-dollar investment into AI, including the development of its own generative AI chatbot named Copilot.

According to the complaint, during the relevant period, Microsoft consistently touted Copilot’s best-in-class capabilities, which purportedly drove widespread and growing user adoption. Copilot’s apparent success allowed Microsoft to report surging Azure-related revenue.

As alleged, in truth, Copilot suffered from severe functionality issues that caused user adoption to decline and put Microsoft’s Azure revenue at risk.

Why did Microsoft’s Stock Drop?

On January 28, 2026, Microsoft announced disappointing 2Q 2026 financial results and that Azure growth had slowed suddenly. Microsoft also allegedly revealed for the first time that the number of Microsoft 365 Copilot premium customers totaled only 15 million, materially below analyst estimates.

This news caused the price of Microsoft common stock to decline $48.13 per share, or 10%, from $481.63 per share on January 28, 2026, to $433.50 per share on January 29, 2026.

Additionally, on February 3, 2026, The Wall Street Journal reported in an article titled “Microsoft’s Pivotal AI Product Is Running Into Big Problems” that severe challenges and functionality issues had plagued Copilot, causing the application to lose market share. Specifically, The Wall Street Journal reported that “[c]onfusing brand positioning and interoperability problems have frustrated users.”

Click here for more information: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit.

What Can You Do?

If you invested in Microsoft, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/microsoft-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

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Attorney advertising. Past results do not guarantee future outcomes.

The Roundhill AMD WeeklyPay ETF is a strong Hold, not a Buy, following a sharp AMD rally and current high valuations. AMDW's weekly 1.2x leverage and high payouts amplify drawdowns and volatility drag, making fresh entries risky after recent gains. Existing investors benefit from de-risked positions due to timely entry before the rally, but new investors face unfavorable risk/reward asymmetry.

In a June 29 X post, Ali Martinez revealed that, after confirming a bearish breakout, Nvidia (NASDAQ: NVDA) stock price target stands at $170.

Specifically, the prominent on-chain analyst revealed that NVDA shares have cleared the ‘neckline’ of a head-and-shoulders pattern, indicating their descent is likely to continue.

Head-and-shoulders is a technical analysis (TA) pattern that occurs during a trend reversal either from bullish to bearish or from bearish to bullish. In the case of Nvidia stock in 2026, the left shoulder began forming during the April rally that ended with a drop in early May and went on to form a head later in the same month.

The right and lower shoulder finally took shape in mid-June with a new climb above $210 before the most recent trading broke the ‘neckline,’ indicating a deeper correction is imminent.

2026 Nvidia stock price performance Notably, the June 29 extended session also featured a slight recovery as NVDA shares rallied 0.90% from their latest – Friday – close to $194.26.

Under the circumstances, the confirmation of the sell signal might only come after the Monday morning bell as volume increases, diminishing the impact of any individual trades.

Should Martinez’s forecast prove correct, it would indicate that, after dropping 14.19% in June, Nvidia stock is set to plunge another 11.70% to $170.

Such a move could also prove significant for the wider market as NVDA shares have served as something of a leader among big tech firms due to their exceptional rally during the artificial intelligence (AI) boom that started with the initial public release of ChatGPT.

So far, despite the technological narrative remaining dominant with most analysts seeing further potential in the greater sector with a particular focus on memory and central processing units (CPUs), investors have apparently turned more cautious.

Indeed, in stark contrast to its performance in recent years, Nvidia stock is underperforming the benchmark indices – for example, NVDA shares are 1.95% up to their latest close at $192.53 year-to-date (YTD), and the S&P 500 is up 7.23% in the same timeframe – with June providing a period of particular volatility amidst a growing debate over AI return on investment (ROI).

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June 29, 2026 07:00 ET  | Source: NN, Inc.

CHARLOTTE, N.C., June 29, 2026 (GLOBE NEWSWIRE) -- NN, Inc. (“NN” or the “Company”) (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies with six sigma quality, today provided an update on its rapidly growing Data Center business. NN’s combined Data Center and Electric Grid business is already its 2nd largest business, with a further goal to grow the business into the Company’s largest business by sales. The Data Center & Electric Grid end markets are top targeted growth markets for the Company along with Medical products and Defense and Electronics products.

NN has secured a significant amount of additional 2026 immediate-supply awards for liquid cooling products that go into NVIDIA AI data center racks. The new awards in this announcement are additive to prior communicated awards and greatly increase the size of NN’s liquid cooling product portfolio for AI data center racks.

NN is on its way to having 52 dedicated machines to make liquid cooled products for its data center business. 50 machines will be dedicated production lines and an additional 2 machines will be dedicated to making samples for new business. NN has already pre-sold 100% of the production capacity. NN is continuing to prospect globally and is using its global business development team and global machining footprint to prospect for additional business in this fast-growing area. In 2026, NN has attended Data Center tradeshows in the United States, Europe, and China.

Harold Bevis, President and Chief Executive Officer of NN, Inc. commented, "The liquid-cooled AI data center market is one of our targeted end markets for growth. We announced the successful launch of a new product line in Q1 2026. It is a custom-designed, stainless-steel product line for the liquid-cooled data center market. Since then, we have secured multiple AI data center awards, have invested in an initial complement of 17 next-generation, high-speed, high-precision CNC machines at our Wuxi, China plant, and began production. We have a big set of data center products already but we are just beginning. We make products that go into both the electrical system and cooling system for Data Centers and produce these products in multiple plant locations.

Today, we are pleased to announce that we have tripled the size of the liquid cooling product line that just launched in Q1 2026. Specifically, we have secured another set of multi-year, multi-product awards for stainless-steel cooling products for the NVIDIA supply chain. NN is now underway with procuring an additional 30 new machine centers on top of the 17 new CNC machine centers we previously announced. Additionally, we have successfully repurposed and retooled 5 automotive CNC production centers to become dedicated data center production. We have a strategic goal to rotate out of commodity auto products and this accelerates the achievement of that objective.”

Bevis continued, “We are building a meaningful position in the global supply chain for liquid cooled AI systems. The Wuxi plant had approximately 200 CNC machine centers before successfully entering the data center business. These additional 47 machine centers bring the total in that plant to approximately 250 CNC machine centers when this expansion is complete. We have large aspirations with our global footprint, and the industry needs NN to scale up and supply more. The AI data center liquid cooling industry is scaling very rapidly, and we are participating in the global data center buildout. This is a natural product fit as we are experienced veterans in pressurized fluid management, stainless steel part production, exceptional repetitive quality levels at high volumes, electropolishing, abrasive flow machining, debris-free and leak-free products, and fast innovation.

We have a dedicated company effort to grow Data Center products, and we are happy to have secured our next set of new awards. This expansion and ramp up is underway now during Q2 2026 and will be additive to our 2026 sales. Based on equipment lead times, the 47th new machine will be installed in November 2026. We are underway prospecting for additional awards and developing new products. As mentioned, the 47 new machines in this announcement will go into NN’s Wuxi, China plant and it will be supplying parts into NVIDIA’s Asia supply chain in China, Taiwan, and Vietnam. NN’s Wuxi China plant is a global low-cost plant that is well known in the metal part making industry. It is in an ideal location for supplying the metal parts that go into the global supply chain for AI data center racks. We believe these data center racks which are being produced in Asia are coming back to the US and being installed in data centers being built in the United States AI market.”

Bevis concluded, “As next generation supply chain decisions are being made in the data center industry, NN intends to use its global footprint of machining plants to participate further. This is a multi-billion market that is scaling up right now, and these computing racks are the hardware behind the expanding use of AI and cloud computing. These new awards fit within NN’s previously issued new wins guidance for achieving $80 to $90 million of accretive new business during 2026. We will combine this new information along with other information and adjust 2026 and 2027 sales and EBITDA guidance, if needed, during NN’s next business and guidance update when we release Q2 earnings in early August. We look forward to discussing this big advancement during that time.”

About NN’s Fluid Management Products

NN is a leader in precision fluid management products for over 40 years. The Company makes precision metal fluid management components including valve body, socket body, valve seat, sealing seat, needle, plunger, plug base, socket base, guides, and threaded connector parts. Given its long-term expertise, NN can make these products in a variety of manners across high-mix, medium-speed single spindle machines as well as high-volume, high-speed production with multi-spindle machines and rotary transfer systems. It makes these products in-house in its plants in China, Europe, South America, and North America. NN makes these products today and has for decades under multi-year contracts for many of the top OEMs in the world. The goal is leak-free, debris-free products that never fail during the life of the equipment.

NN's existing liquid management products precisely fit the requirements of data center applications, and the demanding performance and quality requirements of AI data center and cloud customers are a direct use of the Company’s existing capabilities. Furthermore, next generation computing designs require even higher power use and even higher heat generation, which will lead to next-generation liquid-cooled computing systems and components. The Company can already make products that are advanced beyond today’s requirements. NN has delivered six sigma quality, micron-level tolerance parts for combustion engines for decades. The Company’s decades of global experience and footprint are directly applicable to this new area.

About NN

NN, Inc., a global diversified industrial company, combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblies for a variety of markets on a global basis. Headquartered in Charlotte, North Carolina, NN has facilities in North America, Europe, South America, and China. For more information about the Company and its products, please visit www.nninc.com.

Forward-Looking Statements

This press release contains express and implied forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding future growth of NN’s liquid-cooled AI data center business, the procurement and timing of additional machines to support the liquid-cooled AI data center business, NN’s aspirations , the size and future outlook of the data center market, NN’s competitive position in the data center market, , expected new business wins for 2026, the Company’s 2026 performance and other statements that are not historical facts.

Forward-looking statements generally will be accompanied by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “guidance,” “intend,” “may,” “will,” “possible,” “potential,” “predict,” “project”, “achieve,” “growth,” “enable,” “improve,” or the negative of these terms, and similar words, phrases or expressions that convey uncertainty of future events or outcomes. Forward-looking statements involve a number of risks and uncertainties that are outside of management’s control and that may cause actual results to be materially different from such statements. Such factors include, among others, general economic conditions and economic conditions in the industrial sector; competitive influences; risks that current customers will commence or increase captive production; risks of capacity underutilization; quality issues; inflationary pressures and material changes in the cost or availability of raw materials, supply chain shortages and disruptions, the availability of labor and labor distributions along the supply chain; our dependence on certain major customers, some of whom are not parties to long-term agreements (and/or are terminable on short notice); the impact of acquisitions and divestitures, as well as expansion of end markets and product officers; our ability to hire or retain key personnel; the restrictions contained in our debt agreements; the level of our indebtedness and our ability to obtain financing at favorable rates, if at all, or to refinance existing debt as it matures; our ability to secure, maintain or enforce patents or other appropriate protections for our intellectual property; the impact on climate change on our operations; economic, social and geopolitical instability, military conflict, current fluctuation, and other risks of doing business outside of the United States; and uncertainty of government policies and actions in respect to global trade and tariffs, including the potential impacts of tariffs on the United States economy, the economy of other countries in which we conduct operations and our industry, cyber liability or potential liability for breaches of our or our service providers’ information technology systems or business operations disruptions. The foregoing factors should not be construed as exhaustive and should be read in conjunction with the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in the Company’s filings made with the U.S. Securities and Exchange Commission. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. New risks and uncertainties may emerge from time to time, and it is not possible for the Company to predict their occurrence or how they will affect the Company. The Company qualifies all forward-looking statements by these cautionary statements.

Investor Relations:
Joseph Caminiti
[email protected]
312-445-2870 

Over the years JPMorgan Chase CEO Jamie Dimon has talked many times about succession - but a date to hand over the baton seemed elusive. This time, sources said, the plan is real.

TORONTO, Ontario, June 29, 2026 (GLOBE NEWSWIRE) -- Avante Corp. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) a global provider of technology-enabled security solutions and services, is pleased to announce that Target Park Group Inc. (“Target Park”), a commercial parking operator dedicated to identifying and revitalizing underutilized parking facilities across Canada and the United States, has selected Avante's Mobile Automated Surveillance Tower (“MAST”) platform to deliver mobile, intelligent, real-time security across its above-ground parking portfolio.

MAST is Avante's next-generation mobile security and surveillance tower, designed for remote and high-risk environments where fixed infrastructure is impractical or insufficient. Powered by solar energy with generator backup and operating on cellular connectivity, MAST requires no local power or network connections and integrates Avante’s HALO technology to provide autonomous surveillance and real-time threat detection.

Under the terms of the agreement, Avante will deploy MAST towers across select Target Park's above-ground lots in Canada and the United States, providing 24/7 surveillance. MAST's AI-powered surveillance capabilities with human-verified monitoring through Avante's Control Centre, will provide Target Park proactive threat detection and rapid incident response across its facilities. Target Park has 700+ parking locations across Canada and the United States.

Emmanuel Mounouchos, Founder, Chief Executive Officer and Board Chair of Avante, commented, "This agreement with Target Park reflects exactly the kind of partnership MAST was built for. We are not simply providing security, we are laying the groundwork for a smarter, technology-enabled operation. The ability to begin with a security mandate and evolve into automated parking services is a compelling demonstration of MAST's scalability and the recurring value it can deliver to operators like Target Park."

Chris Sakkas, Chief Operating Officer of Target Park, commented, “Partnering with Avante and deploying MAST across our portfolio allows us to immediately elevate safety and security across our parking facilities while setting the stage for future innovation. Today, MAST provides us with a reliable, intelligent security layer that helps protect our assets and customers in real time. Looking ahead, we see significant opportunity to leverage the same platform to enhance operational efficiency through automated parking capabilities, making our facilities smarter, more accessible, and more valuable over time.”

The engagement is structured with a forward-looking technology roadmap. In the initial phase, MAST will serve as the primary security layer across Target Park locations across Canada, addressing the safety challenges inherent to open-air parking environments. As the deployment matures, MAST’s HALO infrastructure will be leveraged to enable automated parking services including vehicle identification, real-time lot monitoring, and streamlined customer access, allowing Target Park to extract additional operational value from the same platform without incremental hardware investment.

ABOUT AVANTE CORP.:

Avante Corp. is a Toronto-based leading provider of security personnel and technology-enabled security solutions for residential and commercial clients. Avante’s mission is to deliver an elevated level of security globally, with a white-glove approach for high-net-worth families and corporations alike, through advanced solutions and methods for detecting conditions requiring immediate response. The Company has developed a diversified security platform that leverages cutting-edge technology to deliver superior security services. With an experienced team and a proven track record of solid growth, Avante is taking steps to build a broad portfolio of security businesses and solutions for its customers through organic growth complemented by strategic acquisitions. Avante acquires, manages, and develops industry-leading companies that provide specialized, mission-critical solutions to address the security risks faced by its clients. Avante is listed on the TSX Venture Exchange under the ticker “XX”. For more information, please visit www.avantecorp.ca and consider joining our investor email list.

ABOUT TARGET PARK GROUP:

Established in 2006 to service a neglected market within the parking industry, Target Park identifies and revitalizes facilities and spaces that are either inefficiently operated or whose commercial parking potential has yet to be realized. A commercial parking operator, Target Park manages parking facilities, finances their design and development, and provides consultation to landlords on all parking and property management matters. Focused on creating new opportunities for its partners and improving the parking experience for its customers, Target Park is guided by a set of core objectives: customer and landlord satisfaction, employee satisfaction, environmental responsibility, effective and efficient operations, community involvement, and a commitment to research and technology.

Emmanuel Mounouchos
Founder, CEO & Board Chair, Avante Corp.
416-923-6984
[email protected]

This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities described herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.  This news release does not constitute an offer of securities for sale in the United States.  The securities described herein have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent registration under U.S. federal and state securities laws or an applicable exemption from such U.S. registration requirements.Forward-Looking Information

This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to the business of the Company and the environment in which it operates.  Forward-looking statements are identified by words such as “believe”, “anticipate”, “project”, “expect”, “intend”, “plan”, “will”, “may” “estimate”, “pro-forma” and other similar expressions.  These statements are based on the Company’s expectations, estimates, forecasts and projections.  The forward-looking statements in this news release are based on certain assumptions.  They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the Company’s ability to successfully deploy MAST units across applicable Target Park locations and achieve the anticipated operational, commercial, and technological outcomes contemplated by the partnership agreement, as well as anticipated growth from acquisitions, new service offerings and from the development and deployment of new technologies and the list of risk factors identified in the Company’s Management Discussion & Analysis (MD&A), Annual Information Form (AIF) and other continuous disclosure documents available at www.sedarplus.ca.  There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements.  Readers, therefore, should not place undue reliance on any such forward-looking statements.  Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update any such statement, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The upbeat market backdrop comes as Counterpoint Research said Qualcomm is becoming one of the few semiconductor companies capable of delivering end-to-end AI infrastructure, spanning hyperscale data centers and edge devices.

AI Expansion Beyond Smartphones Gains CredibilityIn a research note published Friday following Qualcomm’s Investor Day, Counterpoint analyst Neil Shah said the chipmaker’s expanding AI portfolio and recent acquisitions position it as a credible full-stack AI solutions provider, with a path toward generating $100 billion in annual recurring revenue within the next five to seven years.

The analyst said Qualcomm’s diversification strategy extends well beyond smartphones and addresses the rapidly growing AI data center market, which remains in its early stages. The AI data center market is still in its infancy, and it is not a “zero-sum” game, Shah noted.

Acquisitions Build A Full AI StackCounterpoint highlighted Qualcomm’s recent acquisitions as key building blocks in its AI strategy.

The firm said NUVIA provides Qualcomm’s Oryon CPU architecture, enabling Arm-based processors that now span smartphones, PCs, automotive applications and future AI data centers.

Qualcomm also unveiled its C1000 server CPU, with Meta Platforms Inc. (NASDAQ:META) expected to become its first hyperscale deployment customer beginning around fiscal 2029.

The report also pointed to Qualcomm’s AI accelerator roadmap, custom silicon capabilities and its proprietary High Bandwidth Compute architecture, which aims to improve AI performance while reducing memory-related bottlenecks.

Counterpoint said the company’s recent acquisition of Modular strengthens its software stack by enabling AI workloads to run across different hardware platforms using an open architecture.

Data Center Opportunity Comes Into FocusCounterpoint said Qualcomm still faces gaps in networking and switching technologies, but noted that its acquisition of Alphawave Semi significantly expands its interconnect portfolio while bringing experienced leadership to its growing data center business.

The research firm also highlighted Qualcomm’s long-term financial targets unveiled during Investor Day. According to the report, management expects its AI data center business to generate about $15 billion in revenue by fiscal 2029, while the company’s non-handset businesses are projected to surpass handset revenue over the same period.

Automotive remains another major growth driver, with Qualcomm’s automotive design-win pipeline reaching $65 billion and expected to generate $10 billion in annual recurring revenue through fiscal 2029.

Counterpoint concluded that Qualcomm’s combination of silicon, software and ecosystem scale makes the company uniquely positioned to compete across the AI value chain, from hyperscale data centers to connected devices.

Technical Setup Remains MixedQualcomm continues to trade above its longer-term trend lines. The stock sits about 15.6% above its 100-day simple moving average of $166.92 and 14.9% above its 200-day simple moving average of $167.92.

However, the shares remain 11.3% below the 20-day simple moving average of $217.51 and 2.9% below the 50-day simple moving average of $198.72. That suggests the recent move is a rebound attempt rather than a confirmed recovery.

The 50-day moving average crossed above the 200-day moving average in May, forming a bullish “golden cross” that continues to support the intermediate-term trend. Even so, traders will likely look for the stock to reclaim the 50-day moving average before turning more bullish.

Momentum indicators remain cautious. The MACD remains below its signal line, indicating buying momentum has weakened following the previous rally.

Key technical levels to watch include resistance around $206, near the 50-day moving average, and support near $190.50, which aligns with a recent trading floor.

Earnings And Analyst OutlookQualcomm is expected to report quarterly earnings on or around July 29.

Wall Street expects earnings per share of $2.09 on revenue of $9.67 billion, compared with EPS of $2.77 and revenue of $10.37 billion in the year-ago quarter.

The stock trades at about 20.4 times earnings and carries a consensus Hold rating, with an average analyst price forecast of $209 based on coverage from 50 analysts. Recent analyst actions include:

Benchmark maintained Buy and raised its price forecast to $300 on June 25. Barclays maintained Underweight and increased its price forecast to $245 on June 25. UBS maintained Neutral and lifted its price forecast to $235 on June 25. Price ActionQCOM Stock Price Activity: Qualcomm shares were up 2.37% at $193.88 during premarket trading on Monday, according to Benzinga Pro data.

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Although HP (NYSE: HPQ | HPQ Price Prediction), Intel (NASDAQ: INTC), and Xerox (NASDAQ: XRX) each defined an entire category of American hardware, Wall Street no longer prices them as peers. One ticker has vaulted, one has drifted, and one is fighting for survival at a sub-$500 million market cap. The more useful frame is the IBM template: when a legacy hardware franchise pivots, survivors carry a real product-cycle catalyst, sufficient balance sheet runway, and operating leverage. Lou Gerstner’s 1990s mainframe-to-services rebuild is the yardstick, and only one of these three currently clears it.

Start with the scoreboard. Intel has climbed 470.3% over the past year and 283.7% since June 2023, closing at $128.32 on June 26. HP slipped 7.4% over the past year and 22.7% across three years, ending the same session at $22.88. Xerox has lost 38.3% over the past 12 months and 76.7% across three, finishing at $3.31. The Gerstner question is which move rests on a rebuild and which is noise.

HP: Managed Decline With a Cash Sleeve HP’s most recent quarter looks clean on the surface. Q2 FY26 revenue of $14.408 billion rose 8.99% year over year and beat consensus by 2.4%, while non-GAAP EPS of $0.86 beat the $0.72 estimate by 20.26%. Personal Systems surged 13%, Commercial PS jumped 14%, and free cash flow swung to $800 million from negative $100 million a year earlier. Management narrowed the full-year non-GAAP EPS band to $2.90 to $3.10.

However, the core franchise still carries mature-market scars. Printing was flat, Consumer Printing dropped 10%, total PC units fell 7%, and stockholders’ equity remained negative at –$144 million. A restructuring program targets roughly $1 billion in run-rate savings by FY2028 with 4,000 to 6,000 job cuts, while $100 million in buybacks and a $0.30 quarterly dividend return cash to shareholders. The thesis is cost discipline and capital return. That profile matches managed decline rather than Gerstner-grade reinvention.

Intel: High-Stakes Reinvention Intel’s Q1 FY26 earnings report is the closest match to the survivor profile in this group. Revenue of $13.577 billion grew 7.2% and beat by 9.22%, while non-GAAP EPS of $0.29 crushed the $0.0127 consensus estimate. Data Center and AI revenue vaulted 22% to $5.052 billion, and Intel Foundry grew 16% to $5.421 billion, now roughly 40% of total revenue. Non-GAAP gross margin expanded to 41.0% from 39.2%, marking the sixth consecutive quarter above revenue expectations.

The catalyst stack is tangible. A multiyear Google partnership covers Xeon and custom ASIC IPUs, Intel Xeon 6 was selected as the host CPU for NVIDIA’s DGX Rubin NVL8, and a Terafab project lines up SpaceX, xAI, and Tesla. A $5.0 billion NVIDIA equity investment and a U.S. government equity stake backstop the runway, while cash of $17.247 billion, up 92.77% year over year, funds the foundry buildout. CEO Lip-Bu Tan put it bluntly: “The next wave of AI will bring intelligence closer to the end user, moving from foundational models to inference to agentic. This shift is significantly increasing the need for Intel’s CPUs and wafer and advanced packaging offerings.” The tradeoffs are meaningful: a $4.07 billion Mobileye-related charge drove a $3.73 billion GAAP net loss, foundry remains unprofitable, and capex stays heavy. The profile matches genuine reinvention rather than a capex-cycle trade.

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Xerox: Racing the Clock Xerox is running the abandon-the-old-battlefield script. The Lexmark deal and the ITsavvy and Powerland tuck-ins push the company toward IT and managed services. The balance sheet is the catch. Total liabilities stand at $9.37 billion against just $305 million of shareholders’ equity. Q1 2026 revenue of $1.846 billion rose 26.7% on acquisitions, but pro forma revenue declined 3.7%, and equipment gross margin collapsed to 10.8% from 27.9%, and adjusted EPS of negative $0.43 missed by 56.36%. Free cash flow ran to negative $165 million, and non-financing interest expense surged to $84 million from $33 million on acquisition debt.

CEO Louie Pastor told investors, “We are closer to an inflection point than the external narrative suggests.” The market disagrees. The analyst consensus price target is $2.75, with bearish sentiment, while trailing EPS stands at –$8.34, book value at $2.286, and the forward multiple at 3x. That is a credit-distress profile. The strategy fits the Gerstner playbook on paper. The capacity to execute it fits the Kodak playbook on the filings.

The Ranked Verdict Measured against the IBM survivor template (product-cycle catalyst, balance sheet capacity, operating leverage), the order is unambiguous.

Intel. The only profile here with a genuine AI tailwind, $17.247 billion in cash, NVIDIA and Google ecosystem validation, and margin expansion alongside a structural mix shift into foundry. HP. A disciplined operator with an FCF inflection and steady capital return, but no reinvention engine to anchor the next decade. Xerox. A textbook pivot attempted from a Kodak-shaped balance sheet. Direction is correct, runway is short. Long term, Wall Street keeps rewarding platform reinvention over hardware nostalgia. The decade-long tape says the same: Intel up 291.8% over a decade, HP up 86.6%, and Xerox down 86.7%. Same battlefield, three very different futures.

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Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, FRA:G8G, ASX:GGP) has increased its Group Ore Reserve by 62% to 5.0 million ounces of gold, marking a major step in its plan to build a long-life gold-copper operation around the Telfer mine and Havieron development in Western Australia’s Paterson Province.

The March 2026 Group Ore Reserve stands at 157 million tonnes at 0.99 g/t gold and 0.12% copper for 5.0 million ounces of gold and 196,000 tonnes of copper.

The increase was driven by a substantial uplift at Telfer, where the first phase of Greatland’s drilling campaign delivered a 150% increase in Ore Reserves to 1.8 million ounces of gold, after depletion.

Telfer reserve expands Telfer’s Ore Reserve has increased by 1.1 million ounces to 119 million tonnes at 0.46 g/t gold and 0.06% copper for 1.8 million ounces of gold and 68,000 tonnes of copper.

The updated reserve includes 90.6 million tonnes at the West Dome Open Pit, plus 22.5 million tonnes of stockpiles, providing what Greatland describes as a multi-year baseload reserve for the operation.

West Dome Open Pit was the standout contributor, with its Ore Reserve rising by 1.1 million ounces to 1.4 million ounces, a 375% increase. The reserve includes 90.6 million tonnes at 0.46 g/t gold and 0.05% copper for 1.4 million ounces of gold and 45,000 tonnes of copper.

A higher-grade component within West Dome totals 70.8 million tonnes at 0.53 g/t gold and 0.05% copper for 1.2 million ounces of gold.

Underground upside remains Greatland has also reported a maiden Main Dome Underground Ore Reserve of 0.2 million ounces of gold, comprising 3.6 million tonnes at 1.33 g/t gold and 0.31% copper for 0.2 million ounces of gold and 11,000 tonnes of copper.

This confirms a multi-year mine life extension for existing underground mining areas.

However, the latest reserve does not yet include the West Dome Underground project or the Vertical Stockwork Corridor below the historic sub-level cave, both of which remain in Resource and are subject to ongoing studies.

Havieron underpins long-term plan The Group Ore Reserve also includes the Havieron Underground Project, which remains unchanged at 38.5 million tonnes at 2.63 g/t gold and 0.33% copper for 3.3 million ounces of gold and 128,000 tonnes of copper.

Together, Telfer and Havieron provide Greatland with a combined reserve base of 5.0 million ounces of gold and 196,000 tonnes of copper.

Greatland managing director Shaun Day said the result was an “outstanding achievement” and an important step toward a multi-decade mine life for the Telfer-Havieron complex.

“This substantial uplift in reserves at Telfer only reflects drilling from just our first 12 months of ownership, with ongoing high cadence drilling planned to support future resource and reserve upgrades,” Day said.

Debt facility reaches financial close Greatland has also achieved financial close on Facility B of its US$500 million corporate debt facility.

Facility B is a US$225 million undrawn revolving credit facility with a seven-year tenor, available for working capital and general corporate purposes, including Havieron development.

What’s ahead Greatland plans to maintain high-cadence drilling at Telfer into FY27 as it targets further Resource and Reserve growth.

The company will focus on converting additional open-pit resources, advancing studies at West Dome Underground and the Vertical Stockwork Corridor, and increasing the contribution of higher-grade underground ore over time, while developing Havieron.

About Greatland Greatland is a gold and copper mining company listed on the ASX and London Stock Exchange’s AIM Market.

Its portfolio includes the 100%-owned Telfer mine, the adjacent 100%-owned Havieron gold-copper development project and a broader exploration portfolio in the Paterson Province of Western Australia’s East Pilbara region.

Agreement will help state ADAP programs provide access to IDVYNSO™ (doravirine/islatravir) for eligible individuals

RAHWAY, N.J.--(BUSINESS WIRE)--Merck (NYSE: MRK), known as MSD outside of the United States and Canada, today announced an agreement with the ADAP Crisis Task Force (ACTF) to help state AIDS Drug Assistance Programs (ADAPs) provide access to the company’s new once-daily HIV treatment, IDVYNSO™ (doravirine/islatravir). In 2024, state ADAPs supported more than 250,000 people with HIV in the United States.

IDVYNSO was approved by the U.S. Food and Drug Administration (FDA) in April 2026 as a new, two-drug single-tablet regimen of 100 mg doravirine and 0.25 mg islatravir, for the treatment of HIV-1 infection in adults to replace the current antiretroviral regimen in those who are virologically suppressed (HIV-1 RNA less than 50 copies per mL) on a stable antiretroviral regimen with no history of virologic treatment failure and no known substitutions associated with resistance to doravirine.

“ADAP programs play a critical role in supporting access to treatment for people living with HIV who are uninsured or underserved,” said Tim Horn, Director, Medication Access, National Alliance of State and Territorial AIDS Directors (NASTAD). “We appreciate Merck’s continued engagement and its willingness to work collaboratively to help address the critical access challenges facing state ADAP programs.”

“Merck is pleased to have reached this agreement with the ADAP Crisis Task Force to expand access to IDVYNSO for eligible people with HIV,” said Conrod Kelly, U.S. HIV business unit head, Merck. “This agreement reflects our long-standing commitment to working with the ACTF, state ADAPs and the HIV community to strengthen access and help address persistent gaps in care.”

For individuals with questions about coverage and affordability, the Merck Access Program may be able to provide information about insurance benefits, estimated out-of-pocket costs and co-pay assistance options for eligible patients.

The Merck Access Program for IDVYNSO

Merck offers support to individuals who are prescribed IDVYNSO, including information about patient insurance coverage and out-of-pocket costs, co-pay assistance for eligible, commercially insured individuals, and how individuals may access IDVYNSO through The Merck Access Program. For additional information, healthcare providers and individuals can call 1-877-709-4455 or visit https://www.merckaccessprogram-idvynso.com/.

About IDVYNSO

IDVYNSO is a fixed-dose combination of two medicines, doravirine and islatravir. Doravirine is a non-nucleoside reverse transcriptase inhibitor (NNRTI) that inhibits HIV-1 replication by non-competitive inhibition of HIV-1 reverse transcriptase. Islatravir is a potent, next-generation nucleoside analog reverse transcriptase inhibitor (NRTI) that blocks HIV-1 replication by multiple mechanisms including:

inhibition of reverse transcriptase translocation, resulting in immediate chain termination, and induction of structural changes in the viral DNA (delayed chain termination). Selected Safety Information for IDVYNSO

Contraindications

IDVYNSO is contraindicated when co-administered with:

drugs that are strong cytochrome P450 (CYP)3A enzyme inducers as significant decreases in doravirine plasma concentrations may occur, which may decrease the effectiveness of IDVYNSO. lamivudine (3TC) or emtricitabine (FTC) as significant decreases in islatravir-triphosphate (ISL-TP) concentrations may occur, which may decrease the effectiveness of IDVYNSO. (See Drug Interactions) Warnings and Precautions

Severe skin reactions, including Stevens-Johnson syndrome (SJS)/toxic epidermal necrolysis (TEN), have been reported during postmarketing experience with doravirine-containing regimens. In addition, Drug Rash with Eosinophilia and Systemic Symptoms (DRESS syndrome) was reported with IDVYNSO in a clinical trial. Discontinue IDVYNSO, and other medications associated with these reactions, immediately if a painful rash with mucosal involvement, a progressive severe rash, or a rash with constitutional symptoms, eosinophilia, lymphadenopathy, or other organ involvement develops. Close clinical monitoring, and appropriate therapy should be initiated.

The concomitant use of IDVYNSO and certain other drugs may result in known or potentially significant drug interactions, some of which may lead to loss of therapeutic effect of IDVYNSO and possible development of resistance or possible clinically significant adverse reactions from greater exposures of a component of IDVYNSO.

Consider the potential for drug interactions prior to and during IDVYNSO therapy, review concomitant medications during IDVYNSO therapy, and monitor for adverse reactions. (See Drug Interactions)

Adverse Reactions

The most common adverse reactions (incidence ≥ 2%, all grades in any treatment group) reported in virologically suppressed participants in the IDVYNSO treatment groups in Trials 051 and 052, respectively, were: diarrhea (3% and 1%), dizziness (2% and 1%), fatigue (2% and 1%), abdominal distension (2% and 1%), headache (2% and 1%) and weight increased (2% and <1%).

A single case of severe immune thrombocytopenia (platelet count nadir of 2 x109/L) characterized by abrupt onset of subcutaneous hematoma, petechiae, and hematuria was reported in a participant 32 days after initiating IDVYNSO. The case resolved with discontinuation of IDVYNSO, in conjunction with treatments including corticosteroids and intravenous immunoglobulin (IVIG). Among all participants in Trials 052 and 051, there were no patterns of platelet decreases over time with IDVYNSO and no differences between treatment arms in mean change from baseline in platelet count.

Drug Interactions

IDVYNSO is a complete regimen; co-administration with other antiretroviral medications for treatment of HIV-1 infection is not recommended.

Co-administration of IDVYNSO with a CYP3A inducer decreases doravirine plasma concentrations, which may reduce the efficacy of IDVYNSO. If IDVYNSO is co-administered with rifabutin, one tablet of doravirine should be taken approximately 12 hours after the dose of IDVYNSO. Co-administration of IDVYNSO with other moderate CYP3A inducers is not recommended.

Co-administration of IDVYNSO and drugs that are inhibitors of CYP3A may result in increased plasma concentrations of doravirine.

Co-administration of IDVYNSO is not recommended with deoxycytidine kinase (dCK) substrates (e.g., nucleoside antimetabolites) as they may reduce the exposure of islatravir-triphosphate or with adenosine deaminase (ADA) inhibitors (e.g., pentostatin) as they may increase the exposure of islatravir. (see Contraindications)

Use in Specific Populations

There are insufficient human data on the use of IDVYNSO during pregnancy to inform a drug-associated risk of birth defects and miscarriage. Healthcare providers are encouraged to call the Antiretroviral Pregnancy Registry (APR) at 1-800-258-4263 to report pregnancy outcomes in individuals exposed to IDVYNSO.

It is unknown whether IDVYNSO or any of its components are present in human milk, affects human milk production, or has effects on the breastfed infant. Inform patients that the potential risks of breastfeeding include: (1) HIV-1 transmission (in infants without HIV-1), (2) developing viral resistance (in infants with HIV-1), and (3) serious adverse reactions in a breastfed infant similar to those seen in adults.

Clinical trials in virologically suppressed participants who received IDVYNSO included 81 (11%) participants aged 65 years and older, including 10 (1%) aged 75 years and older. Overall differences in response have not been identified between the elderly and younger patients, but greater sensitivity of some older individuals cannot be ruled out.

No dosage adjustment of IDVYNSO is required in patients with eGFR ≥30 mL/min/1.73 m2. IDVYNSO is not recommended in patients with eGFR <30 mL/min/1.73 m2 and has not been studied in participants undergoing dialysis.

No dosage adjustment of IDVYNSO is recommended in patients with mild or moderate hepatic impairment (Child- Pugh Class A or B). IDVYNSO has not been studied in patients with severe hepatic impairment (Child-Pugh Class C) and therefore is not recommended in these patients.

IDVYNSO does not have activity against hepatitis B virus (HBV). Patients with HBV coinfection who switch to IDVYNSO from an antiretroviral regimen with activity against HBV, and patients on IDVYNSO who are newly diagnosed with HBV coinfection, should be closely monitored and specific anti-HBV therapy should be considered, as clinically appropriate.

Merck’s Commitment to HIV

For 40 years, Merck has been committed to scientific research and discovery in HIV leading to scientific breakthroughs that have helped change HIV treatment. Our work has helped pioneer the development of new options across multiple drug classes to help those impacted by HIV. Today, we are developing a series of antiviral options designed to help people manage HIV and protect people from HIV. We are researching for real life and want to ensure people are not defined by HIV. Our work focuses on transformational innovations, collaborations with others in the global HIV community and access initiatives aimed at helping to end the HIV epidemic for everyone.

About Islatravir (MK-8591) and Merck’s HIV Research

Islatravir (MK-8591) is Merck’s potent, next-generation nucleoside analog reverse transcriptase inhibitor (NRTI) that blocks HIV-1 replication by multiple mechanisms including inhibition of reverse transcriptase translocation, resulting in immediate chain termination, and induction of structural changes in the viral DNA (delayed chain termination).

Islatravir is approved in combination with Merck’s NNRTI, doravirine, in the United States and Japan as IDVYNSO™, a once-daily, single-tablet regimen for the treatment of HIV-1 infection in adults to replace the current antiretroviral regimen in those who are virologically suppressed (HIV-1 RNA less than 50 copies per mL) on a stable antiretroviral regimen with no history of virologic treatment failure and no known substitutions associated with resistance to doravirine.

Islatravir is also under evaluation in multiple ongoing early and late-stage clinical trials in combination with other antiretrovirals for potential once-weekly treatments for HIV-1, in Merck's proprietary two-drug regimens.

Islatravir in combination with Gilead’s lenacapavir is in Phase 3 development as a novel oral once-weekly treatment for HIV-1 [ISLEND-1 (NCT06630286) and ISLEND-2 (NCT06630299)], and islatravir in combination with Merck’s investigational non-nucleoside reverse transcriptase inhibitor (NNRTI) ulonivirine (MK-8507) is in Phase 2b development (MK-8591B-060, NCT06891066 and MK-8591B-062, NCT07266831) as an oral once-weekly treatment.

MK-8527 is Merck’s investigational, novel, once-monthly, oral candidate for pre-exposure prophylaxis (PrEP) for HIV-1. In collaboration with the Gates Foundation, the Phase 3 EXPrESSIVE-10 trial (MK-8527-010, NCT07071623) trial is evaluating the safety and efficacy of MK-8527 as PrEP to reduce the risk of sexually acquired HIV-1 infection among women and adolescent girls in sub-Saharan Africa. The Phase 3 EXPrESSIVE-11 trial (MK-8527-011, NCT07044297) in 16 countries is evaluating the safety and efficacy of MK-8527 as PrEP to reduce the risk of sexually acquired HIV-1 infection among people likely to be exposed to HIV-1. Both trials are now enrolling.

For an overview of Merck’s HIV treatment and prevention clinical development program, please click here.

About Merck

At Merck, known as MSD outside of the United States and Canada, we are unified around our purpose: We use the power of leading-edge science to save and improve lives around the world. For more than 130 years, we have brought hope to humanity through the development of important medicines and vaccines. We aspire to be the premier research-intensive biopharmaceutical company in the world – and today, we are at the forefront of research to deliver innovative health solutions that advance the prevention and treatment of diseases in people and animals. We foster a diverse and inclusive global workforce and operate responsibly every day to enable a safe, sustainable and healthy future for all people and communities. For more information, visit www.merck.com and connect with us on X (formerly Twitter), Facebook, Instagram, YouTube and LinkedIn.

Forward-Looking Statement of Merck & Co., Inc., Rahway, N.J., USA

This news release of Merck & Co., Inc., Rahway, N.J., USA (the “company”) includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant risks and uncertainties. If underlying assumptions prove inaccurate or risks or uncertainties materialize, actual results may differ materially from those set forth in the forward-looking statements.

Risks and uncertainties include but are not limited to, general industry conditions and competition; general economic factors, including interest rate and currency exchange rate fluctuations; the impact of pharmaceutical industry regulation and health care legislation in the United States and internationally; global trends toward health care cost containment; technological advances, new products and patents attained by competitors; challenges inherent in new product development, including obtaining regulatory approval; the company’s ability to accurately predict future market conditions; manufacturing difficulties or delays; financial instability of international economies and sovereign risk; dependence on the effectiveness of the company’s patents and other protections for innovative products; and the exposure to litigation, including patent litigation, and/or regulatory actions.

The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the company’s Annual Report on Form 10-K for the year ended December 31, 2025 and the company’s other filings with the Securities and Exchange Commission (SEC) available at the SEC’s Internet site (www.sec.gov).

Please see Prescribing Information for IDVYNSO™ (doravirine and islatravir) at https://www.merck.com/product/usa/pi_circulars/i/idvynso/idvynso_pi.pdf and Patient Information for IDVYNSO at https://www.merck.com/product/usa/pi_circulars/i/idvynso/idvynso_ppi.pdf.

More News From Merck & Co., Inc.

Stock Symbol: AEM (NYSE and TSX)

, /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle" or the "Company") today announced that it will release its second quarter 2026 results on Wednesday, July 29, 2026, after normal trading hours.

Second Quarter 2026 Results Conference Call and Webcast

Agnico Eagle's senior management will host a conference call on Thursday, July 30, 2026, at 11:00 AM (E.D.T.) to discuss the Company's financial and operating results.

Via Webcast:

To listen to the live webcast of the conference call, you may register on the Company's website at www.agnicoeagle.com, or directly via the link here.

Via Phone:

To join the conference call by phone, please dial 437.900.0527 or toll-free 1.888.510.2154 to be entered into the call by an operator. To ensure your participation, please call approximately five minutes prior to the scheduled start of the call.

To join the conference call without operator assistance, you may register your phone number here 30 minutes prior to the scheduled start of the call to receive an instant automated call back.

Replay Archive:

Please dial 289.819.1450 or toll-free 1.888.660.6345, access code 02161 #. The conference call replay will expire on August 30, 2026.

The webcast, along with presentation slides, will be archived for 180 days on the Company's website.

About Agnico Eagle

Canadian-based and led, Agnico Eagle is Canada's largest mining company and the second largest gold producer in the world, operating mines in Canada, Australia, Finland and Mexico. The Company is advancing a pipeline of high-quality development projects in these regions to support sustainable growth over the next decade. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.

SOURCE Agnico Eagle Mines Limited

ATLANTA, June 29, 2026 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC reminds investors of the deadline to seek to be appointed lead plaintiff in the following class action lawsuits:

Nano-X Imaging Ltd. (NNOX)

The shareholder class action lawsuit filed against Nano-X Imaging Ltd. (“Nano-X”) (NASDAQ: NNOX) alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material facts between March 31, 2025 and April 17, 2026 regarding the efficiency of Nano-X’s operations and its cash burn. If you purchased Nano-X shares during this time period and suffered a loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at [email protected], by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/nano-x-imaging/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is August 11, 2026.

Peabody Energy Corporation (BTU)

The shareholder class action lawsuit filed against Peabody Energy Corporation (“Peabody Energy”) alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material facts between October 14, 2024 and May 4, 2026 regarding Peabody Energy’s Centurion mine ramp-up and anticipated growth. If you purchased Peabody Energy shares during this time period and suffered a loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at [email protected], by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at at www.holzerlaw.com/case/peabody-energy/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is August 24, 2026. 

First Solar, Inc. (FSLR)

The shareholder class action lawsuit filed against First Solar, Inc. (“First Solar”) (NASDAQ: FSLR) alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material facts between February 26, 2025 and February 24, 2026 regarding First Solar’s capacity to manage the impact of U.S. tariff policy on its business. If you purchased First Solar shares during this time period and suffered a loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at [email protected], by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/first-solar/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is August 24, 2026. 

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, 2023, and 2025, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, https://holzerlaw.com/, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.

CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
[email protected]

-

Following the successful commercial launch of BrokerOS, Palantir and Surf Air Mobility are committing additional engineering and go-to-market resources to accelerate commercial expansion of OperatorOS, OwnerOS, and SurfOS Enterprise Solutions.

MIAMI & LOS ANGELES--(BUSINESS WIRE)--Palantir Technologies Inc. (NASDAQ: PLTR) (“Palantir”) today announced an expansion of its partnership with Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”), a leading air mobility platform. Under the expanded agreement, Palantir and Surf Air Mobility are committing additional resources to accelerate the development and commercial release of SurfOS, including OperatorOS, OwnerOS, and SurfOS Enterprise Solutions products.

The expanded partnership builds on the successful commercial launch of BrokerOS and the recent announcement of a multi-million-dollar contract with Wheels Up, a leading provider of on-demand private aviation, to be the launch customer for Enterprise BrokerOS.

SurfOS is powered by Palantir’s AIP and Foundry and is designed to bring modern software to the private aviation and air mobility industries, a segment that has historically relied on manual processes and fragmented, outdated software systems. SurfOS provides aircraft operators, brokers, owners, and manufacturers with the tools needed to manage operations, drive efficiencies, and reduce costs.

Expanded partnership highlights:

Dedicated resources to accelerate commercial expansion of OperatorOS, OwnerOS, and SurfOS Enterprise Solutions from Palantir and Surf Air Mobility Focused go-to-market support leveraging Palantir’s expertise in highly fragmented industries Expedited development product and feature development timelines, including the deployment of AIP agents across the SurfOS products Support establishing SurfOS as the central operating system for the next generation of private aviation and air mobility Ted Mabrey, Global Head of Commercial at Palantir, said: “Private aviation and air mobility are large, growing markets that have historically relied on fragmented systems and manual processes. With Foundry and AIP powering SurfOS, we see a clear opportunity to build and define the central operating system for the future of aviation and air mobility, and our expanded commitment reflects our conviction in Surf Air Mobility and the opportunity ahead.”

Liam Fayed, Co-Founder of Surf Air Mobility, said: “The expansion of our partnership with Palantir will enable us to deploy and expand SurfOS more rapidly into the end markets. BrokerOS showed what our companies can bring to market together, and the additional technical and commercial support from Palantir will help us accelerate that success across the rest of our SurfOS products.”

Each of Surf Air Mobility’s software products is geared toward different segments of the private aviation and air mobility market, including chartered air transport, private aircraft sales and MRO aftermarket. Surf Air Mobility believes SurfOS is positioned to capture value across these interdependent markets by creating a connected ecosystem where supply and demand are optimized by leveraging Palantir’s Foundry and AIP.

About Palantir Technologies Inc.

Foundational software of tomorrow. Delivered today. Additional information is available at https://www.palantir.com.

About Surf Air Mobility

Surf Air Mobility is a Los Angeles-based air mobility platform. With its AI-enabled SurfOS software, Surf Air Mobility provides technology designed to support the modernization of air operations and the adoption of next-generation aircraft. The Company currently operates one of the largest commuter airlines in the United States by scheduled departures and provides private charter services. Together, these businesses provide the operational scale and real-world operating data to validate and deploy its software. These capabilities position Surf Air Mobility as a leader shaping a more efficient, connected, and accessible future for aviation.

Palantir Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir's expectations regarding the amount and the terms of the contract and the expected benefits of Palantir's software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond Palantir's control. These risks and uncertainties include the ability to meet the unique needs of customers; the failure of Palantir's platforms to satisfy customers or perform as desired; the frequency or severity of any software and implementation errors; Palantir's platforms’ reliability; and customers' ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings Palantir makes with the Securities and Exchange Commission from time to time. Palantir’s forward-looking statements speak only as to Palantir, and Palantir assumes no responsibility for the accuracy or completeness of any forward-looking statements made by any other party. Except as required by law, Palantir does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.

Surf Air Mobility Forward-Looking Statements

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Micron stock was gaining despite SK Hynix and Samsung being set to spend a combined 800 trillion won ($518.58 billion) to build new chip-making hubs in southwest Korea

Micron stock NASDAQ:MU is back in focus after South Korea unveiled a massive semiconductor expansion led by Samsung Electronics and SK Hynix.

For now, the plan is less a direct threat to Micron than a validation of the theme behind its rally: AI memory has become scarce, valuable and strategically important.

But the harder question is, if Samsung and SK Hynix spend hundreds of billions of dollars on new DRAM and high-bandwidth memory capacity, could today’s shortage eventually turn into tomorrow’s supply problem?

Micron’s latest results gave strong signals as the company delivered a blowout quarter, helped by AI demand, high-bandwidth memory shortages and strong pricing across the memory market.

More importantly, Micron showed that customers are no longer treating memory as a routine chip input.

They are trying to lock it in.

Micron has signed $22 billion in strategic customer commitments across data centre, consumer and automotive markets.

These agreements include take-or-pay terms, cash deposits and pricing floors.

In plain English, customers are committing ahead of time because they do not want memory supply to become the bottleneck that slows their AI buildouts.

Daniel Newman, CEO of Futurum Group, told Reuters that the scale of the AI buildout has been underestimated, and that memory should keep commanding “premium pricing” while supply remains constrained.

That is the core Micron bull case, as AI demand is running faster than supply, and MU is one of the few companies able to serve that market at scale.

But there is a catch. Analysts say Micron’s bull case still rests heavily on a tight memory market, and if fresh supply starts to return, pricing power could be the first part of the story to come under pressure.

South Korea’s new chip push is not aimed at Micron directly, but it changes the supply conversation.

Samsung Electronics and SK Hynix are preparing to invest 800 trillion won, or about $518 billion, in new chip fabrication sites as Seoul tries to cement the country’s lead in AI memory.

The wider plan is tied to President Lee Jae Myung’s industrial strategy, which aims to build semiconductor strength beyond existing hubs around Seoul.

For Samsung, the investment is partly a comeback strategy. The company remains one of the world’s biggest memory players, but SK Hynix and Micron have moved faster in high-bandwidth memory, the high-margin chip category used alongside AI processors.

The analysts at KB Securities-Jefferies noted that if Samsung qualifies successfully for next-generation HBM, the supplier structure could shift more toward SK Hynix and Samsung because of Samsung’s manufacturing capacity.

SK Hynix, meanwhile, is trying to defend the AI-memory crown it has built through Nvidia-linked HBM demand.

As per analysts, its customized AI memory has “fundamentally changed” industry economics and helped SK Hynix become the market leader.

For Micron investors, Korea’s $518 billion chip blitz is not an immediate sell signal.

As per experts, the new fabs will take years to build, and HBM qualification is difficult.

Customers do not switch suppliers overnight, and AI demand is still running ahead of available supply, which is why Micron has been able to secure long-term commitments and pricing protections in the first place.

The risk seems to be more about expectations.

Micron’s valuation has expanded because investors believe memory scarcity can last longer than in past cycles.

If Samsung and SK Hynix convince the market that a credible wave of new DRAM and HBM supply is coming after 2027, investors may start discounting weaker pricing power before the capacity actually arrives.