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2026-06-26 14:30 1mo ago
2026-06-26 08:00 1mo ago
Americans Across Party Lines Back Policies to Improve Housing Affordability: Redfin Survey
RDFN Redfin
FMP Stock News
Original source text
SEATTLE--(BUSINESS WIRE)--Most Americans support government policies that would help make housing more affordable. Roughly four in five (79%) U.S. residents believe there should be tax breaks for first-time homebuyers, and 77% believe there should be policies that make homes more affordable. This is according to a new survey fielded to 4,000 U.S. residents in May 2026 by Ipsos and commissioned by Redfin, the real estate brokerage powered by Rocket. Three-quarters (76%) of U.S. residents say the.
2026-06-26 14:29 1mo ago
2026-06-26 10:01 1mo ago
Occidental Petroleum Corporation (OXY) Is a Trending Stock: Facts to Know Before Betting on It
OXY Occidental petroleum
FMP Stock News
Original source text
Occidental Petroleum (OXY - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Shares of this oil and gas exploration and production company have returned -10.7% over the past month versus the Zacks S&P 500 composite's -1.4% change. The Zacks Oil and Gas - Integrated - United States industry, to which Occidental belongs, has lost 11.1% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current quarter, Occidental is expected to post earnings of $1.89 per share, indicating a change of +384.6% from the year-ago quarter. The Zacks Consensus Estimate has changed +24.7% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $5.79 points to a change of +162% from the prior year. Over the last 30 days, this estimate has changed +8.5%.

For the next fiscal year, the consensus earnings estimate of $4.29 indicates a change of -25.8% from what Occidental is expected to report a year ago. Over the past month, the estimate has changed +17.9%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Occidental is rated Zacks Rank #3 (Hold).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

In the case of Occidental, the consensus sales estimate of $7.23 billion for the current quarter points to a year-over-year change of +12%. The $26.35 billion and $24.47 billion estimates for the current and next fiscal years indicate changes of +3.6% and -7.1%, respectively.

Last Reported Results and Surprise HistoryOccidental reported revenues of $5.11 billion in the last reported quarter, representing a year-over-year change of -25.3%. EPS of $1.06 for the same period compares with $0.87 a year ago.

Compared to the Zacks Consensus Estimate of $5.5 billion, the reported revenues represent a surprise of -7.03%. The EPS surprise was +63.08%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates times over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Occidental is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Occidental. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-06-26 14:29 1mo ago
2026-06-26 10:06 1mo ago
Big Tech's Quiet Diversification Out of Taiwan Is the Ultimate Catalyst for Intel's Turnaround
TSM Taiwan Semiconductor
FMP Stock News
Original source text
© gorodenkoff / Getty Images

Intel (NASDAQ:INTC | INTC Price Prediction) and Taiwan Semiconductor Manufacturing (NYSE:TSM) both posted Q1 2026 results that frame the same question from opposite sides: who builds the world’s most advanced chips, and where. TSMC remains the engine of AI silicon. Intel is the Western alternative hyperscalers are quietly funding. Geography matters more than the numbers.

Foundry Bets Lift Intel. AI Wafers Carry TSMC. Intel’s Q1 came in at $0.29 in non-GAAP EPS on $13.58B revenue, with Data Center and AI up 22% YoY and Foundry up 16% YoY. CEO Lip-Bu Tan stated: “The next wave of AI will bring intelligence closer to the end user… This shift is significantly increasing the need for Intel’s CPUs and wafer and advanced packaging offerings.” A $4.07B Mobileye-related restructuring charge dragged GAAP results into a loss.

TSMC’s quarter was cleaner. Q1 revenue hit NT$1,134.10B, up 21.4% YoY, and net income jumped 43.82% to NT$572.48B. Gross margin reached 66.2%, a profitability profile Intel cannot match today. April monthly revenue rose 17.5% YoY, confirming AI wafer demand is accelerating.

Western Subsidies vs. Taiwanese Scale Intel’s foundry roadmap anchors a politically insulated U.S. manufacturing base: $8.9B in CHIPS Act funding, a $5.0B NVIDIA equity investment, $2.0B from SoftBank, and Intel 18A ramping at Fab 52 in Arizona. Xeon 6 was selected as the host CPU for NVIDIA’s DGX Rubin NVL8 systems. Intel joined the Terafab project alongside SpaceX, xAI, and Tesla. Hyperscalers are realizing that relying on a single island for over 90% of advanced chip fabrication is an unsustainable operational risk.

TSMC is diversifying with fabs in Arizona, Japan, and Germany, with its Arizona tax credit rate raised from 25% to 35%. Customer concentration is striking: the top 10 customers represent 84% of accounts receivable. Most leading-edge research stays in Hsinchu.

Lens Intel TSMC Core Bet U.S. foundry as secure second source Taiwan-anchored leading-edge dominance Key Vulnerability Execution on 18A yields and customer wins Geopolitical concentration risk Profit Engine Xeon, advanced packaging, foundry ramp 3nm and 2nm AI wafers The Next Test Is Intel 18A Customer Wins Watch whether Intel converts its Google ASIC partnership and NVIDIA wafer relationship into named 18A foundry customers before management decides on the Intel 14A go-ahead. For TSMC, monitor whether the 2D transistor and CoPoS packaging roadmap stays on schedule while Arizona expansion absorbs more capex. Intel guided Q2 to $13.8B-$14.8B in revenue with non-GAAP EPS of $0.20, so the margin path matters more than the headline.

Why Intel Offers Asymmetric Upside Intel fits investors seeking exposure to the structural reshoring trade, even with restructuring noise and a CFO who trimmed shares at $109.82. The stock is up 256.78% YTD, so the easy money is gone, but the foundry thesis has years to play out. TSMC remains the better business by every operating metric, with 46.5% profit margin proving it. TSMC may appeal to investors prioritizing quality compounding. If China-Taiwan tensions cool meaningfully, the relative case for TSMC strengthens. Until then, Intel’s political insulation is the edge the market is still underpricing.
2026-06-26 14:29 1mo ago
2026-06-26 09:36 1mo ago
Abbott vs. DexCom: Which CGM Stock Is the Better Option Right Now?
ABT Abbott
FMP Stock News
Original source text
Key Takeaways Abbott faces Diagnostics weakness, China uncertainty and EPS dilution from the Exact Sciences deal.DXCM is expanding CGM adoption through new products, broader coverage and global market growth.DXCM reiterated 2026 revenue growth guidance of 11%-13% and expects wider G7 15 Day adoption. With the rising prevalence of diabetes worldwide, the demand for more efficient and real-time glucose monitoring solutions has intensified. Abbott (ABT - Free Report) and DexCom (DXCM - Free Report) are among the leading players in the continuous glucose monitoring (CGM) device market, valued at $13.4 billion in 2025 by Grand View Research.

Healthcare giant Abbott’s businesses span cardiovascular care, diagnostic testing, nutrition, pain and movement disorders, with Diabetes Care being a consistent top-line driver for the past several quarters. On the other hand, DexCom is a pure-play CGM company whose target market consists mainly of people with Type 1 and Type 2 diabetes using insulin therapy, as well as certain non-insulin users who struggle with hypoglycemia.

Here’s a closer look at both companies to determine which stock offers the more compelling investment opportunity today. 

The Case for Abbott

Abbott’s flagship, sensor-based CGM system, FreeStyle Libre, has quickly established global leadership across both Type 1 and Type 2 diabetes. CGM sales reached $2 billion in the first quarter of 2026, up 7.5% year over year, though growth was affected by a delay in an international tender renewal and a difficult prior-year comparison tied to shelf restocking dynamics. CGM growth is forecasted to return to double-digits in the second quarter.

Abbott’s CEO also remains bullish on the long-term CGM opportunity, estimating that 70-80 million people globally should be using CGMs compared with the current market of roughly 10-12 million users. Recently, the company secured CE Mark for the first-ever dual glucose-ketone sensing technology for people with diabetes, branded as Libre Duo and Libre Duo 10 Day.  The systems continuously measure glucose and ketone levels every minute and will integrate with the Libre digital health ecosystem.

Beyond Diabetes Care, Abbott’s Core Lab Diagnostics business is seeing robust demand across the United States, Europe and Latin America. However, Core Lab trends were flat in China, with the company continuing to expect a weaker market for the full year despite lapping prior pricing actions.

The March 2026 acquisition of Exact Sciences added a Cancer Diagnostics business, expanding presence in one of the fastest-growing areas of healthcare. Even so, the deal introduces a $0.20 dilution to the 2026 adjusted EPS guidance of $5.38 to $5.58.

Abbott’s Rapid and Molecular Diagnostics business suffered from lower demand for respiratory virus testing due to a much weaker respiratory season compared to last year. Management is taking a cautious view and is not assuming the shortfall will recover later in the year. The Established Pharmaceuticals Division benefits from branded generics positions in faster-growing geographies. Abbott is focused on restoring a healthier balance between price and volume over time in Nutrition, while its Medical Devices segment is gaining from scale advantages and new product cycles across the franchises.

Take a look at how analysts are projecting Abbott’s bottom line.

Image Source: Zacks Investment Research

The Case for DexCom

DexCom is benefitting from broader access to its CGM product portfolio, continued active base growth and new product launches. The company has partnered with several insulin delivery systems manufacturers to integrate its CGM products, with more than one million CGM users now connected to an automated insulin delivery (AID) system worldwide.

Internationally, DexCom’s 2026 first-quarter growth was widespread across core markets, with notable strong performance in countries such as France and Canada, where access has recently expanded. Management outlined a targeted international strategy aimed at gaining share through reimbursement progress and a portfolio tailored to local channels, including DexCom One+ in Europe. 

In the quarter, DexCom made an expanded rollout of the G7 15 Day sensor across all U.S. channels. The platform is now available with all U.S. pump partners, helping minimize friction for AID users who upgrade within the installed base. DexCom expects nearly 50% conversion of the U.S. base to the 15-day sensor by year-end 2026, with an international launch expected to begin in the second half of the year. The company also introduced its next-generation G8 roadmap, designed to deliver a step-change improvement in glucose performance with a smaller form factor and self-adapting sensor.

DexCom continues to build out its software ecosystem, adding engagement tools for Stelo, including enhanced Smart Meal Logging features, and it has been expanding provider-facing capabilities through Direct EHR Integration. More than 320 health systems have already integrated or are in the process of onboarding this capability across the United States and international markets. 

The company also continues to expand insurance coverage for its CGM sensors, particularly among Type 2 diabetes patients. The three largest U.S. Pharmacy Benefit Managers now cover DexCom CGM for all people with diabetes, including those with type 2 not using insulin. 

ABT also reiterated its 2026 revenue guidance, calling for 11% to 13% growth over 2025 levels. Take a look below at how the company’s earnings estimates are shaping up. 

Image Source: Zacks Investment Research

ABT & DXCM: Price Performance and Valuation

Year to date, ABT shares have declined 25.6%, whereas DexCom shares have climbed 4.1%.

Image Source: Zacks Investment Research

Abbott is trading at a forward, five-year Price/Sales (P/S) of 2.99X, below its median of 4.63X. Meanwhile, DXCM sits with a five-year P/S of 4.88X, also lower than its median of 9.93X.

Image Source: Zacks Investment Research

Conclusion

Both companies are poised to benefit from the long-term growth trends of the CGM market. However, Abbott continues to face respiratory testing volatility in Diagnostics, dilution risk following the Exact Sciences acquisition and ongoing uncertainty in China. DexCom is gaining from elevated CGM demand worldwide, new product launches and expanding coverage for its sensors.

While DexCom trades at a premium to Abbott, it remains well below its historical median. The stock has also delivered stronger YTD performance relative to Abbott. Coupled with positive earnings estimate revisions, existing DXCM holders may find it prudent to stay invested to enjoy growth prospects. Meanwhile, those holding ABT stock may find it wise to sell for now until the short-term operating visibility improves.

DXCM carries a Zacks Rank #3 (Hold), while ABT has a Zacks Rank #4 (Sell).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-06-26 14:28 1mo ago
2026-06-26 09:00 1mo ago
Morgan Stanley Wealth Management Expands Access to Private Markets and Alternatives with PMAX - Balanced and PMAX - Growth Funds
MS Morgan Stanley
FMP Stock News
Original source text
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Wealth Management announced that it has expanded access to the Morgan Stanley Private Markets and Alternatives Fund ("PMAX") by registering it as PMAX - Balanced. This change removes the accredited investor requirement, lowers minimum investment amounts, and introduces daily subscriptions, making private market strategies accessible to a broader range of clients through a simplified, professionally managed investment vehicle.

Morgan Stanley Wealth Management is also adding to its PMAX product suite with the launch of PMAX - Growth, a fund with a growth-focused allocation, and plans to introduce additional strategies with targeted investment objectives.

Historically, access to private markets was primarily limited to institutions and ultra-high-net-worth investors, but the PMAX fund platform now broadens access to institutional-quality private market investment managers for more clients.

This expansion comes as private markets continue to gain momentum. Global Alternatives AUM is expected to exceed $30 trillion in 2030, up from less than $10 trillion a decade ago, driven by companies staying private longer and increasing investor demand for opportunities beyond public markets.1 Over the same period, the number of public companies has declined significantly, while 84% of companies generating $100 million or more in revenue remain private.2

Morgan Stanley Wealth Management continues to see substantial growth in alternative investments, with over $300 billion in client assets under management.3 This achievement positions the Firm as a leading provider of alternative investment solutions in the wealth management sector and underscores its 45-year history of excellence in this space, extensive resources, and a dedicated team of nearly 350 alternatives professionals.

“Our PMAX platform reflects our commitment to broadening access to private markets through innovative products designed to meet a wider range of client needs,” said Alison Nest, Head of Investment Solutions Products. “By expanding the platform and making it easier to invest, we are giving clients and advisors more ways to build diversified portfolios aligned with their investment objectives.”

PMAX platform overview

PMAX - Balanced, with currently over $1B in AUM4, is a multi-manager portfolio offering diversified exposure across private equity, private credit, real estate and infrastructure through a simplified, single-ticket evergreen vehicle. With a diversified allocation across these strategies, it seeks to offer the potential for risk-adjusted higher returns, income and lower correlation relative to traditional investments.

PMAX - Growth is a growth-oriented private markets approach for clients seeking increased exposure to long-term capital appreciation opportunities. The fund provides diversified exposure to private equity through a curated, multi-manager portfolio across sectors, geographies and vintages, combining growth‑oriented and buyout strategies that seek to pursue long‑term capital appreciation while providing diversification.

The funds require a $10,000 initial investment and $5,000 for subsequent contributions. The funds permit daily purchases and allow clients to benefit from consolidated tax reporting and fully funded exposure without capital calls. Additionally, the streamlined investor experience removes the need for subscription documents, making the process simpler and more efficient for clients.

The funds are closed-end investment companies and do not offer daily redemptions. Liquidity is anticipated only through limited quarterly repurchase offers that occur at the discretion of each fund's Board of Trustees.

“The PMAX platform brings together Morgan Stanley Wealth Management’s scale, alternatives expertise and manager access in a way that is designed to make private markets investing more accessible and more flexible for clients,” said Brian Holzer, Head of Alternative Investments Distribution. “With these offerings, we are continuing to build a differentiated platform that helps advisors deliver institutional-quality private market strategies.”

Investment approach

The funds utilize the intellectual capital of Morgan Stanley Wealth Management’s Global Investment Committee for asset allocation and Global Investment Manager Analysis team for manager selection and due diligence.

PMAX - Balanced targets allocations to private equity, private credit and real assets. This calibrated mix is designed to pursue higher risk-adjusted returns, income and diversification across private market strategies that may have lower correlation to public markets. The strategy also seeks diversification across sub-strategy, geography, sectors and managers, while retaining flexibility to incorporate additional strategies as opportunities arise.

PMAX - Growth targets allocation ranges that emphasize buyout strategies, as a core component, complemented by growth equity and venture capital and other opportunistic strategies. Overall, the approach focuses on diversification within private equity through manager selection, asset allocation, and periodic rebalancing, with the goal of seeking attractive risk‑adjusted returns over time.

About Morgan Stanley Wealth Management

Morgan Stanley Wealth Management, a global leader, provides access to a wide range of products and services to individuals, businesses and institutions, including brokerage and investment advisory services, financial and wealth planning, cash management and lending products, annuities and insurance, retirement and trust services.

About Morgan Stanley

Morgan Stanley (NYSE MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For more information, visit www.morganstanley.com.

Important Information

This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy any securities, nor does it constitute investment advice or a recommendation of any kind.

The PMAX funds are closed-end investment companies with limited to no liquidity. Shares are not listed on any securities exchange and no secondary market is expected to develop. Shareholders do not have the right to require the funds to redeem their shares. The funds may offer to repurchase shares on a quarterly basis in an amount not to exceed 3% of each fund's net asset value, subject to the discretion of each fund's Board of Trustees. No assurances can be given that a fund will conduct a repurchase in any given quarter and investors should not expect to be able to sell their shares regardless of how a fund performs.

The funds invest primarily in private market strategies for which valuations are generally provided on a quarterly basis by the underlying portfolio fund managers, while the funds calculate their net asset value and offer shares on a daily basis. Accordingly, the daily net asset value of a fund's shares may not fully reflect the current fair value of the fund's underlying investments and may be subject to adjustment as updated valuations become available.

Investing in the funds involves a high degree of risk, including the possible loss of the entire investment. The funds invest in non-traditional, alternative strategies, including private equity, private credit and real assets, that are subject to risks not typically associated with traditional investments, including but not limited to illiquidity, limited transparency, leverage, valuation uncertainty and potential for significant price volatility. Past performance is not indicative of future results, and there can be no assurance that the funds will achieve their investment objectives.

Investors should carefully read the applicable prospectus before investing for a more complete description of the risks involved. Copies of the prospectus may be obtained by contacting your Morgan Stanley Financial Advisor.

The sole purpose of this material is to inform, and it is in no way intended to be an offer or solicitation to purchase or sell any security, other investment or service, or to attract any funds or deposits. Products mentioned herein may not be appropriate for all investors and may be purchased only after an eligible investor has carefully reviewed the Fund’s offering materials and executed any applicable subscription documents. MSWM has not considered the actual or desired investment objectives, goals, guidelines, or factual circumstances of any investor in any fund(s). Before making any investment, each investor should carefully consider the risks associated with the investment, as discussed in the applicable offering materials, and make a determination, based upon their own particular circumstances, that the investment is consistent with their investment objectives and risk tolerance.

Past performance is no guarantee of future results. Actual results may vary. Diversification does not assure a profit or protect against loss in a declining market.

Alternative investments involve complex tax structures, tax inefficient investing, and delays in distributing important tax information. Individual funds have specific risks related to their investment programs that will vary from fund to fund. Clients should consult their own tax and legal advisors as MSWM does not provide tax or legal advice.

Interests in alternative investment products are only made available pursuant to the terms of the applicable offering materials, are distributed by MSWM and certain of its affiliates, and (1) are not FDIC-insured, (2) are not deposits or other obligations of MSWM or any of its affiliates, (3) are not guaranteed by MSWM or any of its affiliates, and (4) involve investment risks, including possible loss of principal. MSWM is a registered broker-dealer, not a bank.

© 2026 Morgan Stanley Smith Barney LLC. Member SIPC. Alternative investment securities discussed herein are not covered by the protections provided by the Securities Investor Protection Corporation, unless such securities are registered under the Securities Act of 1933, as amended, and are held in an MSWM Individual Retirement Account.
2026-06-26 14:28 1mo ago
2026-06-26 08:30 1mo ago
Broadcom Stock Is Down More Than 22% From Its Peak and Worth a Closer Look
AVGO Broadcom
FMP Stock News
Original source text
The tech sector has been under some pressure recently, and one stock that has been hit hard is Broadcom (AVGO 2.52%). After hitting a record high of $495 in early June, the stock has now lost more than 22% of its value.

The stock took an initial hit following its fiscal Q2 earnings results, as it failed to lift its fiscal 2027 guidance for AI chip revenue. This seemed to be a clear overreaction, as there was no real reason for Broadcom management to raise a forecast more than a year away. The company is still projecting that its AI chip revenue will grow to well over $100 billion in fiscal 2027, a huge number given that it produced under $64 billion in fiscal 2025 revenue.

Image source: The Motley Fool.

Time to buy the dip on Broadcom The sell-off in Broadcom stock has brought its valuation down to a forward price-to-earnings (P/E) ratio of around 19.5 times fiscal 2027 analyst estimates. That's cheap for a stock that is riding two powerful market trends set to see explosive growth in the coming years.

The first trend Broadcom is riding is hyperscalers (owners of large data centers) looking to replace Nvidia's graphics processing units (GPUs) with cheaper alternatives for their AI workloads, especially for inference, which is an ongoing cost. The company is a leader in ASIC (application-specific integrated circuit) technology and helped Alphabet develop its highly successful Tensor Processing Units (TPUs). Alphabet plans to spend up to $190 billion in capital expenditures (capex) this year, with further increases next year, and much of that spending will go toward TPUs.

It has also allowed Anthropic to place TPU orders directly with Broadcom, including $21 billion worth to be delivered this year. The three companies recently extended their partnership for future TPU iterations.

The success of TPUs has also led other hyperscalers, including OpenAI, to begin developing their own custom AI chips with Broadcom's help. The company's list of AI ASIC customers is growing, and between its TPU business and new customers, this business is set to see strong growth in the coming years.

Today's Change

(

-2.52

%) $

-9.56

Current Price

$

369.35

At the same time, Broadcom is a leader in data center networking and co-packaged optics (CPO), two areas becoming increasingly important as AI cluster sizes continue to grow. Larger clusters require faster connectivity, making networking a critical component of overall system performance. This complements Broadcom's growing custom AI ASIC business, as customers often need both AI chips and networking solutions simultaneously. Broadcom's expertise in CPO could also provide an additional competitive advantage over time as hyperscalers seek to address power and bandwidth constraints.

Given its strong growth prospects and attractive valuation, I'd be buying this AI stock on this dip.
2026-06-26 14:27 1mo ago
2026-06-26 09:29 1mo ago
Air Products Publishes 2026 Sustainability Report
APD Air Products
FMP Stock News
Original source text
, /PRNewswire/ -- Air Products (NYSE: APD) today published its 2026 Sustainability Report. The report provides stakeholders with economic, environmental, and social performance data, based on fiscal year 2025 information.

To view the complete 2026 Sustainability Report, visit Air Products' Sustainability website.

About Air Products

Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global supplier of hydrogen, Air Products also develops, engineers, builds, owns and operates some of the world's largest clean hydrogen projects, supporting the transition to low- and zero-carbon energy in the industrial and heavy-duty transportation sectors. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products had fiscal 2025 sales of $12 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedIn, X, Facebook or Instagram.

Cautionary Note Regarding Forward-Looking Statements

This release contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.

SOURCE Air Products
2026-06-26 14:27 1mo ago
2026-06-26 10:15 1mo ago
Rockwell Automation, Inc. (ROK) Hits Fresh High: Is There Still Room to Run?
ROK Rockwell Automation
FMP Stock News
Original source text
Shares of Rockwell Automation (ROK - Free Report) have been strong performers lately, with the stock up 5.4% over the past month. The stock hit a new 52-week high of $486.47 in the previous session. Rockwell Automation has gained 23.2% since the start of the year compared to the 14.2% move for the Zacks Computer and Technology sector and the 80% return for the Zacks Electronics - Miscellaneous Products industry.

What's Driving the Outperformance?The stock has a great record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on May 5, 2026, Rockwell Automation reported EPS of $3.3 versus consensus estimate of $2.89.

For the current fiscal year, Rockwell Automation is expected to post earnings of $12.95 per share on $8.97 in revenues. This represents a 22.98% change in EPS on a 7.52% change in revenues. For the next fiscal year, the company is expected to earn $14.53 per share on $9.46 in revenues. This represents a year-over-year change of 12.21% and 5.51%, respectively.

Valuation MetricsThough Rockwell Automation has recently hit a 52-week high, what is next for Rockwell Automation? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.

On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.

Rockwell Automation has a Value Score of D. The stock's Growth and Momentum Scores are B and A, respectively, giving the company a VGM Score of B.

In terms of its value breakdown, the stock currently trades at 37X current fiscal year EPS estimates, which is a premium to the peer industry average of 29.5X. On a trailing cash flow basis, the stock currently trades at 30.9X versus its peer group's average of 21X. Additionally, the stock has a PEG ratio of 3.08. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.

Zacks RankWe also need to look at the Zacks Rank for the stock, as this is even more important than the company's VGM Score. Fortunately, Rockwell Automation currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Rockwell Automation meets the list of requirements. Thus, it seems as though Rockwell Automation shares could have a bit more room to run in the near term.
2026-06-26 14:25 1mo ago
2026-06-26 07:00 1mo ago
Mahoney Environmental's Grease Theft Rewards Program Spurs Operator Reports, Resulting in Three Arrests
NESTE Neste
FMP Stock News
Original source text
Mahoney Environmental's Grease Theft Rewards Program Spurs Operator Reports, Resulting in Three Arrests PR Newswire
2026-06-26 14:25 1mo ago
2026-06-26 08:02 1mo ago
PPG names recipients of 2025 Excellent Supplier Awards
PPG PPG Industries
FMP Stock News
Original source text
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced the recipients of its 2025 Excellent Supplier Awards. The annual awards recognize suppliers whose performance has consistently exceeded requirements based on commercial value, quality, innovation, sustainability, responsiveness, service, delivery, documentation, quality, value add, and compliance. The Excellent Supplier Awards program applies to the company’s global supply base, which includes direct (raw materials), indirect, logistics and energy.

Several suppliers were recognized for their notable efforts to create value, generate savings and establish a competitive advantage for PPG:

Global winners, indirect: Belcan, SAP, EPAM Global winners, direct: The Shepherd Color Company, Rianlon, LB Group Regional winner: United States and Canada: Eaton (indirect) Regional winner: Latin America: Complementos Coby SA de CV (indirect) Regional winner: Europe, Middle East and Africa: Mercedes-Benz International Corporate Sales (indirect) Regional Winners: Asia Pacific: Ayva Packaging Pty. Ltd (indirect), Anhui Shenjian New Material Co., Ltd (direct) Mitsubishi Chemical Group Corporation (MCC) was the global winner in the sustainability category. MCC was recognized after partnering with PPG to develop innovative materials for its next-generation marine antifouling coatings, bringing strong sustainability benefits compared to traditional antifouling coatings.

“Our suppliers play a vital role in helping us serve our customers today while positioning PPG for future success,” said Christine Camsuzou, PPG vice president, global procurement and integrated supply chain. “We’re pleased to recognize these exceptional partners for the value they bring to our business. Their dedication, creativity and adaptability have made a meaningful impact, and we look forward to continuing to strengthen our partnerships in the years ahead.”

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty products that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 50 countries and reported net sales of $15.9 billion in 2025. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.
2026-06-26 14:24 1mo ago
2026-06-26 07:59 1mo ago
MSTX: Strategy Has Been Eviscerated Already (Upgrade)
MSTR Strategy
FMP Stock News
Original source text
5.75K Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-06-26 14:24 1mo ago
2026-06-26 09:30 1mo ago
Billionaire Saylor ‘Focused On Bitcoin' As Strategy Shares Plunge And Analysts Caution Against Buying
MSTR Strategy
FMP Stock News
Original source text
ToplineBillionaire Michael Saylor on Friday defended his Strategy’s approach to bitcoin even as shares of the cryptocurrency’s largest institutional holder fell to multi-year lows, and as analysts warned against the company buying more amid a broader decline in the crypto market.

Shares of bitcoin’s largest institutional holder have plummeted 80% from their all-time high.

Getty Images

Key FactsSaylor, in a post on X, wrote that “volatility tests capital structure” and reaffirmed that Strategy “remains focused on bitcoin, disciplined capital allocation, credit quality and long-term value creation.”

Shares of Strategy plunged by more than 9% on Thursday to their lowest level since February 2024, and shares are down more than 8% from their record intraday high ($543) in November 2024, while its preferred stock has dropped nearly 25% since Jan. 13 to a new record low.

The price of bitcoin briefly stumbled to a 21-month low on Thursday, hitting an intraday low of $58,131, and the world’s leading cryptocurrency has shed more than half of its value since peaking above $126,000 in October 2025.

Crypto analytics firm CryptoQuant wrote in a report Thursday that Strategy should halt its bitcoin purchases and instead rebuild its cash reserves, arguing the company’s strategy of buying during bitcoin price dips has resulted in “rapid unrealized loss growth.”

JPMorgan analysts issued a similar warning in a note earlier this month, concluding Strategy’s dollar reserves should be rebuilt to “restore confidence and reduce investor concerns that the company would sell more bitcoins to cover dividend payments.”

forbes valuationSaylor founded Strategy, then known as MicroStrategy, in 1989, and his net worth has swelled to $3 billion as of market close on Thursday. He emerged as a top executive during the dot-com bubble, after which Saylor’s fortune plummeted, but Strategy’s bitcoin investments made him a billionaire once again, as Saylor has directed the firm to shift its corporate coffers into bitcoin.

big number845,256. That’s Strategy’s total bitcoin holdings, which the company priced at an aggregated market value of $63.9 billion, or roughly $75,680 per token, according to a regulatory disclosure earlier this month. Strategy most recently purchased 1,550 bitcoin for $101.3 million on June 8 at an average price of $65,332 per coin.

key backgroundStrategy’s cash reserves totaled $1.4 billion as of Friday, representing just a fraction of its bitcoin holdings. The company’s bitcoin transactions have shifted broader views of the crypto market, including its first bitcoin sale in years late last month, sparking a selloff that erased the cryptocurrency’s record-setting surge. Billionaire hedge fund executive Philippe Laffont said earlier this week he was a “little bit more worried” about bitcoin, arguing there were more attractive investment opportunities, like SpaceX, that he would “rather bet” on. Bitcoin’s latest slide also comes as $10 billion in options is set to expire Friday on Deribit, the world’s largest crypto options venue.

further readingForbesBillionaire Saylor’s Strategy Buys Bitcoin Worth $101 Million—After Earlier Sale Sparked Sell-OffBy Ty Roush
2026-06-26 14:24 1mo ago
2026-06-26 09:05 1mo ago
Can Freeport-McMoRan's Expansion Pipeline Fuel the Next Growth Wave?
FCX Freeport-McMoRan
FMP Stock News
Original source text
Key Takeaways FCX is advancing expansion projects in Chile, Arizona and Indonesia to boost copper capacity and output.Freeport's organic growth pipeline positions itself well to benefit from future demand growth.Estimates for 2026 and 2027 for FCX point to 6.1% and 44.6% growth, trending higher over the past 60 days. Freeport-McMoRan Inc. (FCX - Free Report) remains committed to disciplined execution and the development of its organic growth projects. The company’s expansion efforts are designed to enhance production capacity, supported by solid financial strength.

FCX has completed the evaluation of a large-scale expansion at El Abra in Chile to define a large sulfide resource that could potentially support a major mill project similar to the large-scale concentrator at Cerro Verde, with an estimated resource of approximately 20 billion recoverable pounds of copper.

In Arizona, FCX is progressing with pre-feasibility studies at its Safford/Lone Star operations, with completion targeted for 2026, to assess a sizable sulfide expansion opportunity. It has expansion opportunities at Bagdad in Arizona that can more than double the concentrator capacity of the operation. Technical and economic studies have revealed the potential to build concentrating facilities to boost copper production by 200-250 million pounds annually.

PT Freeport Indonesia (PT-FI) is developing the Kucing Liar ore body within the Grasberg district with a targeted ramp-up to commence in 2030. FCX completed studies in 2025 that showed an opportunity to increase Kucing Liar’s design capacity to 130,000 metric tons of ore per day and reserves by roughly 20% at low costs.

   FCX’s organic growth pipeline, designed to expand capacity and output, positions it well to benefit from future demand growth. Effective execution of these projects will strengthen its ability to drive shareholder value.

Among FCX’s peers, Southern Copper Corporation (SCCO - Free Report) has a strong pipeline of world-class copper greenfield projects and various other promising opportunities. Southern Copper continues to build its presence in Peru as the country is the second-largest producer of copper. The company’s key growth catalysts include the Tía María, Los Chancas and Michiquillay projects in Peru, along with El Pilar and El Arco in Mexico, all of which underpin SCCO’s long-term expansion pipeline.

BHP Group Limited (BHP - Free Report) continues to reshape its portfolio toward commodities such as copper and potash, allocating nearly 70% of its medium-term capital expenditure to these areas. This strategy positions BHP to benefit from decarbonization, electrification, population growth and rising living standards in emerging markets. BHP, in March 2026, submitted the Environmental Impact Declaration permit for the Escondida New Concentrator to replace the aging Los Colorados plant as it nears the end of operations, a move that backs its growth strategy while addressing asset longevity. With an estimated investment of $4.4-$5.9 billion, the project targets new capacity to produce 220-260 kt of copper annually.

The Zacks Rundown for FCXShares of Freeport-McMoRan have rallied 22% in the past six months compared with the Zacks Mining - Non Ferrous industry’s growth of 6.8%.

Image Source: Zacks Investment Research

From a valuation standpoint, FCX is currently trading at a forward 12-month earnings multiple of 20.82, a modest 3.2% premium to the industry average of 20.17X. It carries a Value Score of C.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for FCX’s 2026 and 2027 earnings implies a year-over-year rise of 6.1% and 44.6%, respectively. The EPS estimates for 2026 and 2027 have been trending higher over the past 60 days.

Image Source: Zacks Investment Research
2026-06-26 14:24 1mo ago
2026-06-26 09:00 1mo ago
Kroger Fires Up Fourth of July Celebrations with Trending "Flight" Food Experiences
KR Kroger Company
FMP Stock News
Original source text
Retailer makes it easy to host unforgettable backyard gatherings with creative food flights, grilling favorites and digital savings

, /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's grocer, today shared it is helping customers celebrate Independence Day with fresh inspiration, low prices and the season's hottest food trend: customizable "flights" designed to elevate every backyard barbecue.

Retailer makes it easy to host unforgettable backyard gatherings with creative food flights, grilling favorites and digital savings "Fourth of July is a time to come together in celebration of our nation's traditions, while creating new memories with family and friends," said Kate Meyer, vice president of Grocery. "Kroger is here to make those moments easy and affordable, with fresh inspiration, quality ingredients and simple ways to bring something new to the table."

From hot dog spreads to s'mores stacks and tomato tastings, Kroger brings fun, flavor and creativity to Fourth of July tables—making it easy to gather with friends and family and create memories that last all summer with many exclusive Our Brands products found only at Kroger Family of Stores. Try out these trends with simple, affordable ingredients to create crowd-pleasing pairings.

Customers can make their celebrations even more rewarding with Kroger's enhanced rewards program. Members earn one Point for every $1 spent and can now redeem Points for dollars off groceries in-store and online in addition to fuel savings at the pump—giving families more flexibility to save on summer celebrations. Earn Points faster with 4X Points Fridays through July 24 and again from July 1-4.* 

Hot Dog Flights
Turn a classic cookout staple into a customizable tasting experience:

All-American Classic Flight: Ball Park® hot dogs, Kroger® buns, Heinz ketchup, mustard, relish and diced onions BBQ Backyard Flight: Nathan's Famous Beef Franks topped with Private Selection® BBQ sauce, coleslaw and crispy onions Chili Cheese Flight: Hot dogs layered with Kroger chili, shredded cheddar and jalapeños Gourmet Street Dog Flight: Topped with avocado, pico de gallo, crema and fresh cilantro for a bold twist S'mores Flights
Reimagine the classic firepit favorite with mix-and-match flavors:

Classic Campfire Flight: Hershey's® chocolate, Jet-Puffed marshmallows and Honey
Maid graham crackers Chocolate Lover's Flight: Assorted chocolate bars such as milk, dark or caramel-filled with marshmallows and Bakery Fresh chocolate chip cookies for $3 a dozen Sweet & Salty Flight: Pretzels, peanut butter cups, marshmallows and chocolate squares Berry Bliss Flight: Fresh strawberries, raspberries, chocolate and marshmallows for a summer twist Tomato Flights
Celebrate peak summer produce with fresh, flavorful combinations:

Garden Fresh Flight: Sliced heirloom, roma and cherry tomatoes with sea salt, olive oil and fresh basil Caprese Flight: Tomatoes paired with fresh mozzarella, Simple Truth Organic basil and Private Selection balsamic glaze Grilled Tomato Flight: Charred tomatoes with olive oil, garlic and Private Selection shaved parmesan Savory Snack Flight: Cherry tomatoes served with hummus, Alouette or Boursin spreadable cheese (Mix & Match BOGO free*) topped with flaky sea salt Mocktail Flights
Top your meal off with a crisp, refreshing beverage that tastes like summer:

Stars and Stripes Spritzer: This layered refreshment blends Kroger® Blue Raspberry Pop Sparkling Water with a splash of lemonade and a patriotic Red, White & Blue Ice Pop that slowly melts into sweet, fruity flavor. Top it off with juicy blueberries, bright raspberries, and a sprig of mint for a refreshing finish. Firecracker Dirty Soda: Grab your favorite flavor of soda, splash in coffee creamer or fruit juice, one pump of Private Selection flavored syrup and finish with a fruity garnish of citrus, maraschino cherries or fresh herbs like mint. Try flavor combos like orange vanilla, peach mango or blue raspberry coconut. Cool as a Cucumber - with a Kick: Mix muddled cucumber, Kroger 100% lime juice, fresh mint and Private Selection Sparkling Mineral Water. Enjoy a little spice? Add chili lime spice mix like Tajin to the rim. Shirley Sparkler: A tangy twist on the classic Shirley Temple – combine ginger ale, grenadine, half of a squeezed lime and top with lime wedges and a cherry. In addition to trending food experiences, Kroger offers everyday low prices for all celebrations, including**:

Coca-Cola, Pepsi and Canada Dry 12-pack cans - Mix & Match Buy 2, Get 3 Free Buy 1, Get 1 Free or $2.99/lb pork back ribs 3/$5 Kroger sour cream, cottage cheese or dip 4/$5 Kroger pasta Johnsonville dinner sausage for $3.99 Mix & Match Buy 1, Get 1 free Natural Made supplements No matter how you shop, Kroger makes it easy. Customers can get these deals and more in store or Kroger.com, offering the same fresh items at the same low prices for pickup at a convenient store location or delivery in as little as 30 minutes. For even more convenience, Kroger's full product assortment is available on demand at DoorDash and Uber Eats marketplaces, shopped from your local store and delivered directly to your door.

Find even more Independence Day inspiration at Kroger's blog, The Fresh Lane brimming with grill out recipes, party essentials and even more gift ideas for dad.

*Offers vary by geography.

**Prices valid beginning July 1. Prices and products may vary by geography. Discount and number of items vary by location.

About Kroger
At The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: To Feed the Human Spirit™. We are, across our family of companies more than 400,000 associates who serve over 11 million customers daily through an e-Commerce experience and retail food stores under a variety of banner names, serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities. To learn more about us, visit our newsroom and investor relations site.

SOURCE The Kroger Co.
2026-06-26 14:22 1mo ago
2026-06-26 09:21 1mo ago
Can Biogen's New Drugs Revive Growth Amid Legacy Sales Slump?
BIIB Biogen
FMP Stock News
Original source text
Key Takeaways Biogen's newer drugs are growing but remain insufficient to offset declining MS franchise sales.Leqembi's subcutaneous autoinjector and blood-based diagnostics may support growth from 2027 onward.Biogen's growth products generated $851 million in Q1 sales, up 12% year over year. Biogen (BIIB - Free Report) is in the midst of a major portfolio transition. The company is seeing declining sales of its key multiple sclerosis (“MS”) drugs like Tecfidera and Tysabri and spinal muscular atrophy (SMA) treatment, Spinraza, due to generic erosion, increasing competition from newer therapies and pricing headwinds.

To combat the pressure on key drugs, Biogen has been aggressively building a new growth engine around recently launched products, Eisai-partnered Leqembi for Alzheimer’s disease, Skyclarys for Friedreich’s ataxia, Qalsody for amyotrophic lateral sclerosis (ALS) and Supernus Pharmaceuticals (SUPN - Free Report) -partnered Zurzuvae for depression.

The key question for investors is whether these products can eventually compensate for the erosion of blockbuster drugs like Tecfidera, Tysabri and Spinraza. Let us discuss.

Key Multiple Sclerosis Drugs, Spinraza Face Increased CompetitionBiogen’s MS sales are declining due to generic competition for Tecfidera globally, biosimilar competition for Tysabri in Europe and rising competitive pressure in the MS market.

In 2026, Biogen expects revenues for MS products, excluding Vumerity, to decline by a mid-teen percentage versus 2025 due to increased competitive pressure on the ex-U.S. MS business, particularly accelerating generic competition for Tecfidera in Europe.

Spinraza’s sales are also declining due to lower demand amid increasing competitive pressure from newer SMA treatments, including gene therapies and oral medicines that offer greater convenience. Spinraza faces competition from Novartis’ (NVS - Free Report) gene therapy, Zolgensma, and Roche and PTC Therapeutics’ (PTCT - Free Report) Evrysdi (risdiplam), which comes as either a liquid solution or an oral tablet.

BIIB’s New Drug Contributing to Top-Line GrowthAmid declining demand for MS drugs and Spinraza, Biogen believes its new products, Leqembi, Skyclarys and Zurzuvae have the potential to return the company to revenue growth.

The largest opportunity in Biogen's new portfolio is arguably Leqembi. Leqembi/lecanemab gained approval for early Alzheimer’s disease in the United States in 2023. Though the Leqembi launch was slow, it picked up in 2024 and 2025. Leqembi has also been launched in Japan, China, the EU and some other countries. Leqembi commands over 60% of the anti-amyloid therapy market share in the United States.

A less frequent maintenance intravenous dosing version of Leqembi was approved by the FDA in January 2025. A subcutaneous autoinjector for maintenance dosing called Leqembi Iqlik was launched in October 2025, while a supplemental filing seeking approval of the Leqembi Iqlik subcutaneous autoinjector for initiation dosing has been granted priority review by the FDA, with a decision expected in August. Biogen and Eisai believe that the introduction of blood-based diagnostics (which can help earlier detection of Alzheimer’s) and the subcutaneous autoinjector for maintenance and initiation should drive Leqembi’s growth from 2027 onward.

Other new products, Qalsody, Biogen/Supernus’ Zurzuvae and Skyclarys (added from the 2023 acquisition of Reata Pharmaceuticals) are also seeing strong demand trends in the United States.

Skyclarys is seeing strong demand trends in the United States as well as the EU. Biogen expects Skyclarys’ future growth to come from ex U.S. markets as the launches advance. Zurzuvae’s launch also exceeded the company’s internal expectations, with sales more than doubling in 2025. Skyclarys and Zurzuvae’s sales are expected to continue to rise in 2026.

Biogen’s growth products (Skyclarys, Qalsody, Zurzuvae, Vumerity and Spinraza plus Alzheimer’s revenues from the Leqembi collaboration) generated sales of $851 million in the first quarter, rising 12% year over year.

In April, Biogen closed its acquisition of Apellis Pharmaceuticals, adding the commercialized medicines Empaveli and Syfovre for immune-mediated retinal disease and nephrology to its commercial portfolio. These drugs should also contribute to Biogen’s growth in future quarters.

Can BIIB’s New Drugs Offset Key Drugs’ Erosion?After declining for several years, Biogen’s revenues have somewhat stabilized since 2024 due to contributions from newer products and pipeline progress. However, its newer drugs, Leqembi, Skyclarys, Qalsody and Zurzuvae, are currently insufficient to offset the near-term top-line decline of the MS franchise. Though all these new drugs are showing signs of growth, replacing lost revenues from Tecfidera, Tysabri and Spinraza will likely take time.

BIIB’s Price Performance, Valuation and EstimatesBiogen’s stock has risen 14.8% so far this year compared with an increase of 5.4% for the industry. 

Image Source: Zacks Investment Research

From a valuation standpoint, Biogen is reasonably priced. Going by the price/earnings ratio, the company’s shares currently trade at 13.44 forward earnings, which is lower than 17.72 for the industry. The stock is trading above its five-year mean of 13.17.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for earnings has declined from $15.04 per share to $13.99 per share for 2026 over the past 60 days. For 2027, the consensus mark for earnings has declined from $16.61 to $16.22 per share over the same time frame.

Image Source: Zacks Investment Research

Biogen has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-06-26 14:20 1mo ago
2026-06-26 09:30 1mo ago
FTSE 100 Live: London stocks fall over 100 points in broad sell-off
TSCO Tesco
FMP Stock News
Original source text
FTSE 100 falls 80 points to 10,450 Apple price hike weighs on tech stocks  Softbank sinks 14% in Tokyo  2.47pm: Nasdaq falls for fifth day US stocks have opened lower, as expected, with the Nasdaq shedding almost 1% from a further selloff in semiconductor stocks.

Chipmakers including Monolithic Power Systems, Micron, Lam Research and Applied Materials were among the biggest decliners, extending a week-long retreat in the sector.

The S&P 500 is down 0.6%, while the Dow Jones slipped 0.4%, with losses led by Caterpillar and Goldman Sachs

Salesforce, IBM and Microsoft are the top risers on the Dow.

2.30pm: Samsung investment plan to be unveiled We have spent two years watching the AI build-out through an American lens. Nvidia, Microsoft, OpenAI, the hyperscalers and their hundred-billion-dollar capex pledges.

On Monday, South Korea will remind everyone that the foundations of this boom are poured somewhere else.

Samsung is set to unveil a decade-long plan worth around $648 billion, according to reports in Seoul.

The new plan anchors the country's next growth cycle and may include 300 trillion won for chip factories.

2.05pm: AI glasses 'becoming a credible category'  We don't have media personalities and social media influencers on here very often, but analyst Isabel Fairlie at Charles Stanley has highlighted Meta’s new collaboration with Kylie Jenner.

The Starfire Kylie Edition AI glasses, costing new £359 a pop, shows how "AI glasses are shifting from high-end tech to a fashion-led lifestyle category, with adoption likely to hinge as much on wearability and social acceptance as functionality", Fairlie says.

"For investors, this is another sign that the category is moving from niche gadget to credible consumer product, although it is still early days."

The likely near-term outcome is "not the end of the smartphone," she adds, though after the "false start" more than a decade ago with Google Glass, the category now seems to have some credible consumer momentum as Meta, Google, Apple, Samsung, Snap and others are all competing in the category.

"The current wave looks different because Meta is putting AI functionality into familiar eyewear, teaming up with EssilorLuxottica, the company behind Ray-Ban and Oakley and the owner of Vision Express."

The opportunity goes beyond photos and calls, she adds, with potential uses in translation, navigation, logistics and hearing assistance.

"The theme is worth watching for investors. Success will depend on businesses delivering products consumers are willing to wear, trust and afford. But the risks are still considerable with such emerging technologies."

1.29pm: Climate is a $714bn risk, but should be a lot more  Environmental disclosure platform CDP says companies expect extreme weather to cost them a collective $714 billion in future financial impacts as supply chains, operations and investment plans become increasingly exposed to climate disruption.

The interesting bit seems not that eye-watering number - it's that only 35% of companies currently recognise extreme weather as a material financial risk, even though almost half of the identified risks are imminent and 62% of cities, states and regions say they are already experiencing the effects. 

In other words, a sizeable chunk of corporate Britain and corporate America may still be treating climate risk as a future problem while floods, heatwaves and droughts are busy moving it into this year's budgeting cycle.

As CDP's climate director Amir Sokolowski puts it: "As the impact of El Niño bites, we are seeing that extreme weather is also a financial risk."

He says companies, organisations and governments are "increasingly experiencing the impact of climate risk through a range of dependencies, from water to forests".

While many businesses are addressing this, he says, with recent disclosure trends suggesting they are paying greater attention to environmental risks and resilience as physical climate impacts become more visible, "there is more still to be done.”

12.42pm: US futures in red again US stocks are set for another difficult session, with the Nasdaq on course for a fifth straight day of losses as investors continue to rotate out of technology shares.

Nasdaq futures are down 1.2% ahead of the opening bell, while S&P 500 futures 0.5% in the red and those for the Dow Jones are just 0.1%.

"With the major US indices at or near all-time highs, the risks for investors who have benefitted handsomely from going ‘all in’ on the AI trade, are getting bigger," says market analyst David Morrison at Trade Nation.

"And everyone is convinced that they can get out of the market at the top all at once. There’s going to be plenty of disappointment and angst when they find out they can’t. "

11.52am: Little fiscal room for manoeuvre for Burnham A memo has arrived for the presumed incoming PM Andy Burnham, and it can be summarised as follows: welcome to government, there is no money.

In an open letter to Burnham, Resolution Foundation chief executive Ruth Curtice, previously director of fiscal policy at the Treasury, offers congratulations swiftly followed by a bucket of cold fiscal water.

She warns that higher gilt yields and the war in Iran have probably already wiped out the government's fiscal headroom, leaving the next prime minister with little room for manoeuvre.

"Any extra borrowing comes with big costs," she writes. "There are no wheezes out of this dark fiscal hole, only tough decisions."

This is essentially the anti-mini budget manifesto. The message is that if Burnham wants to ease the cost-of-living squeeze and pursue more ambitious growth reforms, he will have to do so while sticking to the existing fiscal rules and continuing the "painful path of consolidation" started by his predecessor.

Markets will probably approve of the diagnosis, if not the medicine. Sterling and gilts have spent the week reminding Westminster that the UK's borrowing costs are already among the highest in the G7. The lesson of the past few years is that investors are perfectly happy to finance deficits right up until the moment they aren't.

The subtext is perhaps the most important line in British politics right now: there are plenty of ideas in Westminster, but very few free lunches.

11.19am: Next Chancellor watch Prediction markets have dramatically shifted their view on who could succeed Rachel Reeves as Chancellor if/when Andy Burham takes over as Prime Minister from Keir Starmer.

Energy secretary Ed Miliband has overtaken former health secretary Wes Streeting as the favourite over the past week.

On Polymarket, Miliband is now seen having a 49% chance of becoming the next Chancellor in 2026, up sharply from around 30% at the start of the week.

Streeting, who had been the clear frontrunner and traded at around 70% earlier this week, has fallen back to 11%.

Yvette Cooper is now the second favourite at 16.3%, while Shabana Mahmood is priced at 8%.

On the bond markets, which has been keeping an eye on UK politics closely in recent years, yields for longer-dated government debt have perked up in recent hours, after falling to three-month lows earlier.

10.41am: Heathrow cuts passenger numbers and profit forecast Shares in British Airways owner IAG have dipped 0.7% after Heathrow Airport warned profits will fall this year as it cut its passenger outlook due to the war in the Middle East.

The UK's largest airport said now expects passenger numbers of between 80.1 million and 84.5 million this year, with a base case of 83.6 million, representing a 1.1% decline from 2025 and a cut of up to 5.8% from the 85 million passengers it previously said it expected in 2026.

Costs were also rising, it said, with adjusted EBITDA now expected to decline by £147 million or almost 7.4% from 2025 levels and by £60 million compared with its previous forecast issued in December. 

Passenger numbers rose 0.7% in the first five months of 2026.

The new passenger forecast "reflects the risk that continued volatility in the Middle East could dampen broader traffic volumes, with impacts extending beyond the region to global travel demand over the remainder of the year".

10.12am: Stocks on the slide The slide for the Footsie and the wider market has deepened. 

London's blue-chip index has dropped 0.7% and the mid-cap FTSE 250 is down 0.6%, while Germany's DAX is down 1% and France's CAC 0.5%.

For the FTSE 100, miners and commodity-linked stocks are leading the declines, with Antofagasta, Anglo American, Glencore and Fresnillo all retreating by more than 2%.

Banks are also weighing on the index, with Standard Chartered, HSBC and Lion Finance Group solidly in the red.

Almost all but three of the 20 largest names are in the red, with the exceptions being BAT, Unilver and National Grid. 

AJ Bell market analyst Danni Hewson says: "Property firms and housebuilders were in demand along with more defensive names... Energy stocks continued to tumble thanks to oil prices remaining rooted below $74 per barrel.

"Although a vessel being struck by Iran off the coast of Oman offered a reminder to take nothing for granted despite the increase in shipping flows through the Strait of Hormuz."

9.05am: Tough market for food and drink exporters Britain's food and drink exporters endured a difficult start to 2026, with export volumes falling 8.9% in the first quarter to their lowest level for a decade outside the pandemic, according to the Food and Drink Federation.

The industry body said the value of exports fell 4.8% year-on-year to £5.7 billion, while imports rose 2.6% to £16.3 billion, widening the trade gap and suggesting UK manufacturers are losing ground to overseas competitors.

Trade with the US was particularly weak following the introduction of tariffs, with UK food and drink exports to the country dropping 28% to £529.6 million. The UK's export surplus with the US shrank by 69.3%, from £359 million to £110 million, while imports from America increased by 11.5%.

The FDF also warned that exports to the EU continue to suffer from post-Brexit trade frictions, with volumes down 6.9% year-on-year. Exports to countries covered by recent trade agreements also declined, with shipments to CPTPP members falling 11.3% and exports to India down 16.6% by volume.

8.15am: Weak start for the Footsie  The FTSE 100 looks set to end the week on the back foot as investors' attention shifted from global geopolitical tensions to the global memory crisis after Apple raised the prices of its MacBooks and iPads in an effort to offset the impact of skyrocketing memory and storage prices.

Shortly after the open, London's blue-chip index was down 27 points at 10,503.28.

Miners Endeavour Mining PLC (LSE:EDV), Fresnillo PLC (LSE:FRES) and Antofagasta PLC (LSE:ANTO) are among the top 5 losers on the Footsie this morning, as precious metals come under renewed selling pressure, while copper sentiment has also softened. 

Airtel Africa PLC (LSE:AAF) and tech investor Polar Capital Technology Trust PLC (LSE:PCT) are also trading lower. 

Leading the gainers, Barratt Redrow PLC (LSE:BTRW) rose 1.5%. The housebuilder has confirmed that Dean Banks will officially take over as CEO on September 21, succeeding David Thomas.

British American Tobacco PLC (LSE:BATS) and Tesco PLC (LSE:TSCO) both added 1.1%. 

"Global equities are under renewed pressure, with the MSCI All Country World Index sliding to a two-week low as technology weakness again dominates market sentiment," commented Tickmill Group's Patrick Munnelly. "The selloff has been sharpest in Asia, where the MSCI Asia Pacific Index dropped more than 3%, led by another violent unwind in semiconductor and AI-linked names." 

7.30am: OpenAI delay weighs on Asian markets A New York Times report suggesting OpenAI may delay its IPO until 2027, as CEO Sam Altman pursues a $1 trillion valuation, is weighing on Asian markets this morning.

Deutsche Bank's Jim Reid described the mood as a "mini ice-age" in the region, with technology stocks again leading the declines. The KOSPI was down 8% and the Nikkei was off 4.5% at the time of writing, while SoftBank fell around 14% following the report.

Reid noted that the "Magnificent Seven" US tech stocks fell more than 2.5% on Thursday, with the broader tech mega-cap index moving deeper into correction territory after Apple shares dropped 6% on news that it would raise prices across its Mac and iPad ranges. The increases were a response to surging demand for memory and storage components, but they also fed into wider concerns that AI data centre expansion is generating inflationary pressure across the technology sector.

FTSE 100 Live pre-open Blue-chip shares in London are set to open lower on Friday after Apple Inc (NASDAQ:AAPL, XETRA:APC) led a tech sell-off that's spread through to Asian markets overnight.

The FTSE 100 is called around 64 points lower at the open, according to the futures market, reversing yesterday's 68-point gain to 10,529.

US stocks finished Thursday mixed, with a slump in Apple shares dragging on the tech-heavy Nasdaq, which closed down 0.5%. The S&P 500 was little changed, while the Dow added 0.1%.

Apple raised prices across several MacBook and iPad models on Thursday, its first formal move to pass soaring memory and storage costs on to consumers as AI-driven demand for chips intensifies. The stock suffered its worst one-day drop since April 2025.

"Apple tanked more than 6% as investors feared that the higher prices would reduce demand and may not offset the squeeze on profit margins," said Swissquote's Ipek Ozkardeskaya. "Other device makers like Dell, HP and Lenovo lost between 4% and 5%, while Samsung is down by more than 8% today, on worries that the massive rise in chip prices will eventually hit a wall."

That selling has carried through to Asia, with Seoul's Kospi down 8%, Tokyo's Nikkei off more than 3%, and Hong Kong's Hang Seng on the edge of a bear market after falling close to 20% from January's peak.

"The flight to bonds could continue amid this week's weakening sentiment, also supported by the sustainable decline in oil prices," Ozkardeskaya added. "The technology complex will probably remain under pressure, grappling with its own demons."
2026-06-26 14:20 1mo ago
2026-06-26 10:01 1mo ago
Investors Heavily Search Devon Energy Corporation (DVN): Here is What You Need to Know
DVN Devon Energy
FMP Stock News
Original source text
Devon Energy (DVN - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Shares of this oil and gas exploration company have returned -3.4% over the past month versus the Zacks S&P 500 composite's -1.4% change. The Zacks Oil and Gas - Exploration and Production - United States industry, to which Devon Energy belongs, has lost 9.3% over this period. Now the key question is: Where could the stock be headed in the near term?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

Devon Energy is expected to post earnings of $1.29 per share for the current quarter, representing a year-over-year change of +53.6%. Over the last 30 days, the Zacks Consensus Estimate has changed +6.8%.

For the current fiscal year, the consensus earnings estimate of $4.97 points to a change of +26.8% from the prior year. Over the last 30 days, this estimate has changed +18.6%.

For the next fiscal year, the consensus earnings estimate of $4.92 indicates a change of -1% from what Devon Energy is expected to report a year ago. Over the past month, the estimate has changed +1.7%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Devon Energy.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

In the case of Devon Energy, the consensus sales estimate of $6.43 billion for the current quarter points to a year-over-year change of +50.1%. The $24.72 billion and $27.8 billion estimates for the current and next fiscal years indicate changes of +43.8% and +12.4%, respectively.

Last Reported Results and Surprise HistoryDevon Energy reported revenues of $3.81 billion in the last reported quarter, representing a year-over-year change of -14.5%. EPS of $1.04 for the same period compares with $1.21 a year ago.

Compared to the Zacks Consensus Estimate of $4.16 billion, the reported revenues represent a surprise of -8.48%. The EPS surprise was +4%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Devon Energy is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Devon Energy. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-06-26 14:19 1mo ago
2026-06-26 08:48 1mo ago
This Essex Property Trust Analyst Turns Bullish; Here Are Top 4 Upgrades For Friday
ESS Essex Property Trust
FMP Stock News
Original source text
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

Considering buying ESS stock? Here’s what analysts think:

Photo via Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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2026-06-26 14:19 1mo ago
2026-06-26 09:42 1mo ago
LCID Investors Have Opportunity to Lead Lucid Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm
LCID Lucid Group
FMP Stock News
Original source text
LOS ANGELES, June 26, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lucid Group, Inc. (“Lucid” or “the Company”) (NASDAQ: LCID) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between February 25, 2026 and April 13, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before July 28, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Lucid’s deliveries were disrupted by a supplier quality issue. The Company suffered a material impact on its business results due to this quality issue. The Company overstated the strength of manufacturing capabilities. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Lucid, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.        

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE:

The Schall Law Firm
2026-06-26 14:18 1mo ago
2026-06-26 09:05 1mo ago
Corning (GLW) Soars 10.8%: Is Further Upside Left in the Stock?
GLW Corning
FMP Stock News
Original source text
Corning (GLW) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
2026-06-26 14:18 1mo ago
2026-06-26 08:00 1mo ago
DraftKings Launches Proprietary Exchange to Bolster Differentiated Predictions Experience
DKNG Draft Kings
FMP Stock News
Original source text
DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced the launch of its proprietary prediction markets exchange, DKeX, with in
2026-06-26 14:18 1mo ago
2026-06-26 08:38 1mo ago
DraftKings Shares Climb After Company Unveils DKeX, Its Own Prediction Markets Exchange
DKNG Draft Kings
FMP Stock News
Original source text
DraftKings stock is moving in positive territory. Why is DKNG stock trading higher? The LaunchDKeX marks a significant step in DraftKings’ prediction markets strategy, giving the company full vertical integration over its predictions platform—including content depth, operating economics, and the end-to-end customer experience.

The exchange leverages technology and a CFTC license acquired through DraftKings’ purchase of Railbird Technologies. By owning the exchange infrastructure outright, DraftKings gains greater control over the technology powering its predictions offering and the ability to innovate more rapidly.

“DKeX provides a vertically integrated foundation for DraftKings Predictions, strengthening our prediction markets content and capabilities, giving us greater control over the technology that powers those offerings, and enabling us to move faster,” said Jason Robins, CEO and Co-Founder.

The Growth NumbersDraftKings Shares Edge HigherDKNG Price Action: At the time of publication, DraftKings shares are trading 2.51% higher at $23.68, according to data from Benzinga Pro.

Image via Shutterstock

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.
2026-06-26 14:18 1mo ago
2026-06-26 09:13 1mo ago
Polymarket Crosses This Revenue Milestone. DraftKings Launches Predictions Exchange.
DKNG Draft Kings
FMP Stock News
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Flash Memory Chipmaker Sandisk Hits Record High, Leads 18 Onto Best Growth Stock Lists

OpenAI Mulls Delaying IPO Until 2027: Report

Nasdaq Extends Losing Streak Even As Micron Soars On Earnings; Apple Stock Dives Below Key Level Polymarket climbed above $1 billion in annualized revenue, CNBC reported Friday, as prediction markets become an increasingly popular way to wager on various events and everyday life. The news comes six weeks after privately-held Polymarket lifted the waitlist for its U.S. exchange. DraftKings (DKNG) on Friday announced the launch of its prediction markets exchange, which will integrate with its sportsbook…

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2026-06-26 14:18 1mo ago
2026-06-26 09:15 1mo ago
Wix.com, Ltd. Investigated by the Portnoy Law Firm
WIX Wix
FMP Stock News
Original source text
LOS ANGELES, June 26, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Wix.com, Ltd., (“Wix" or the "Company") (NASDAQ: WIX) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors. 

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/wix-com-ltd. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

On May 13, 2026, Wix announced its first-quarter 2026 financial results, posting revenue and earnings that fell short of consensus estimates. The company also experienced a steep drop in operating margins, which management primarily blamed on weakness within its professional developer segment. Wix specifically admitted that its professional developer clients were adopting rival AI tools, that its newly launched Wix Harmony platform contained "holes" and "missing capabilities," and that delays in rolling out product updates and innovations had caused the company to fall behind "the workflow and the needs of" professional developers.

Following this announcement, Wix's stock price dropped by $20.56 per share, or 27%, plummeting from its May 12, 2026, closing price of $75.88 per share to close at $55.32 per share on May 13, 2026.

The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
[email protected]
310-692-8883
www.portnoylaw.com

Attorney Advertising
2026-06-26 14:18 1mo ago
2026-06-26 08:00 1mo ago
Vaxart Publishes Presentation Urging Shareholders to Vote “FOR” ALL Six of the Company's Highly Qualified Director Nominees on the WHITE Proxy Card TODAY
VXRT Vaxart
FMP Stock News
Original source text
June 26, 2026 08:00 ET  | Source: Vaxart, Inc.

Details Strategic Actions Taken by the Board to Advance the Company’s Pipeline and Drive Value Creation

Vaxart’s Purpose-Built Board Brings the Proven Expertise Needed to Oversee its Next Phase of Growth

Dissident Nominees Lack Relevant Clinical-Stage Biotech Expertise, Misrepresented Their Qualifications
and Offered No Credible Ideas for Value Creation

Vaxart Has Made Multiple Settlement Offers to the Dissident Shareholder Group – Daniel Houle Insists on Making This Proxy Contest About Winning a Seat for Himself

Visit Vote.Vaxart.com for Additional Information and Voting Resources

SOUTH SAN FRANCISCO, Calif., June 26, 2026 (GLOBE NEWSWIRE) -- Vaxart, Inc. (OTCQX: VXRT) (“Vaxart” or the “Company”), a clinical-stage biotechnology company developing a range of oral recombinant vaccines based on its proprietary delivery platform, today published a presentation urging shareholders to vote “FOR” ALL six of the Company’s highly qualified director nominees on the WHITE proxy card in connection with its upcoming Annual Meeting of Stockholders scheduled to be held on July 16, 2026.

Highlights of the presentation include:

Strategic Execution at a Pivotal Moment

Vaxart is developing game-changing oral vaccines with the potential to redefine vaccine delivery and immune responses:
Vaxart is advancing multiple vaccine programs across high-value markets, including COVID-19, norovirus and influenza.Management is pursuing a disciplined development strategy that prioritizes programs with the strongest scientific rationale, commercial opportunity and funding pathways.Through its Phase 2b COVID-19 trial, Vaxart is working toward topline 12-month safety and immunogenicity data from the approximately 400-participant Sentinel Cohort.Vaxart is also targeting a full efficacy and safety readout from its approximately 5,100-participant Main Cohort, representing a significant clinical and value-creation milestone.
Vaxart’s Board has taken prudent steps to enable Vaxart to continue advancing its programs in a challenging environment:
Vaxart has been executing through immense industry pressures brought upon by significant regulatory, funding and policy disruption, including two BARDA stop-work orders that impacted Vaxart and many other vaccine companies.Through CEO Steven Lo’s leadership and negotiations with government stakeholders, the Company secured the continuation of BARDA funding for its lead COVID-19 program.Vaxart entered into a $25 million share purchase agreement, providing flexible access to capital, if needed, to support continued execution toward key milestones.The Board’s decision to raise $40 million in 2025 extended the Company’s runway, enabling it to enter key partnerships and advance its programs.
The Right Board to Oversee the Path Forward

The Board is purpose-built to guide Vaxart through its next phase of value creation. The Board is aligned with the Company's evolving strategic priorities, with substantial expertise across biotech, vaccine development, clinical trials and regulatory affairs.The Board’s experience has helped secure continued BARDA funding, establish the Dynavax partnership and enable additional financing flexibility through the Lincoln Park Capital agreement.Mr. Lo, Dr. Elaine J. Heron and Dr. David Wheadon are instrumental to Vaxart's success and have the judgment, credibility and relationships needed to oversee the Company’s most important future opportunities. The Board is responsive to shareholder feedback and acts in shareholders’ best interests: The Board has added two new independent directors — Dr. James B. Breitmeyer and Kevin Finney — over the last 18 months as part of its ongoing refreshment efforts, resulting in an average director tenure of approximately 2.3 years.In 2025, the Board further strengthened independent oversight through the appointment of W. Mark Watson as Lead Independent Director.The Board maintains an active dialogue with shareholders and withdrew its reverse split proposal for this upcoming Annual Meeting following feedback. The Dissident Campaign is Risking Vaxart’s Momentum

Replacing ANY of Vaxart’s highly qualified directors with the dissident nominees is not in shareholders’ best interests: None of the dissident nominees has experience leading a public clinical-stage biotech company or with vaccine development, regulatory affairs and clinical trial oversight.The dissident nominees have drastically exaggerated their qualifications, and Daniel Houle’s reckless public statements show that he should not serve on Vaxart’s Board.Collectively, they present unacceptable risk for a company approaching critical inflection points like Vaxart. Vaxart has made good-faith efforts to resolve the proxy contest: Vaxart has made multiple settlement offers to the dissident shareholder group in an effort to resolve the proxy contest.The Board’s proposals are highly reasonable and reflect what it has heard other independent shareholders want to see.Mr. Houle is waging a self-interested campaign primarily focused on “winning” a Board seat for himself rather than reaching a constructive resolution that would benefit all Vaxart shareholders. Vote “FOR” ALL 6 of Vaxart’s highly qualified director nominees on the WHITE proxy card TODAY!

If you have questions or require assistance with voting your shares, please call Vaxart’s proxy solicitor:

Campaign Management, LLC
Toll-Free: +1 (855) 264-1527

Additional shareholder resources and voting information can be found at Vote.Vaxart.com.

About Vaxart

Vaxart is a clinical-stage biotechnology company developing a range of oral recombinant vaccines based on its proprietary delivery platform. Vaxart vaccines are designed to be administered using pills that can be stored and shipped without refrigeration and eliminate the risk of needle-stick injury. Vaxart believes that its proprietary pill vaccine delivery platform is suitable to deliver recombinant vaccines, positioning the Company to develop oral versions of currently marketed vaccines and to design recombinant vaccines for new indications. Vaxart’s development programs currently include pill vaccines designed to protect against coronavirus, norovirus, and influenza, as well as a therapeutic vaccine for human papillomavirus (HPV), Vaxart’s first immune-oncology indication. Vaxart has filed broad domestic and international patent applications covering its proprietary technology and creations for oral vaccination using adenovirus and TLR3 agonists.

Cautionary Language Concerning Forward-Looking Statements

This communication 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, which are subject to the “safe harbor” provisions created by those sections, that involve substantial risks and uncertainties. All statements, other than statements of historical facts, included in this communication regarding Vaxart’s strategy, prospects, plans and objectives, results from preclinical and clinical trials, commercialization agreements and licenses, and beliefs and expectations of management are forward-looking statements. These forward-looking statements may be accompanied by such words as “should,” “believe,” “could,” “potential,” “will,” “expected,” “anticipate,” “plan,” “target,” “seek,” “intend,” “may,” “predict,” “project,” “would,” and other words and terms of similar meaning. Examples of such statements include, but are not limited to, statements relating to Vaxart’s ability to develop and commercialize its product candidates, including its vaccine booster products; Vaxart’s expectations regarding clinical results and trial data, and the timing of receiving and reporting such clinical results and trial data; Vaxart’s expected timing for future clinical trials; and Vaxart’s expectations with respect to the effectiveness of its product candidates; expectations regarding collaborations, including the collaboration with Dynavax; expectations regarding the pursuit of strategic partnerships and external funding opportunities for Vaxart’s programs; expectations regarding government funding; and expectations regarding Vaxart’s capital resources and funded runway. Vaxart may not actually achieve the plans, carry out the intentions, or meet the expectations or projections disclosed in the forward-looking statements, and you should not place undue reliance on these forward-looking statements. Actual results or events could differ materially from the plans, intentions, expectations, and projections disclosed in the forward-looking statements. Various important factors could cause actual results or events to differ materially from the forward-looking statements that Vaxart makes, including uncertainties inherent in research and development, including the ability to meet anticipated clinical endpoints, commencement and/or completion dates for clinical trials, regulatory submission dates, regulatory approval dates, and/or launch dates, as well as the possibility of unfavorable new clinical data and further analyses of existing clinical data; the risk that clinical trial data are subject to differing interpretations and assessments by regulatory authorities; whether regulatory authorities will be satisfied with the design of and results from the clinical studies; decisions by regulatory authorities impacting labeling, manufacturing processes, and safety that could affect the availability or commercial potential of any product candidate, including the possibility that Vaxart’s product candidates may not be approved by the FDA or non-U.S. regulatory authorities; that, even if approved by the FDA or non-U.S. regulatory authorities, Vaxart’s product candidates may not achieve broad market acceptance; that a Vaxart collaborator may not attain development and commercial milestones; that Vaxart or its partners may experience manufacturing issues and delays due to events within, or outside of, Vaxart’s or its partners’ control; difficulties in production, particularly in scaling up initial production, including difficulties with production costs and yields, quality control, including stability of the product candidate and quality assurance testing, shortages of qualified personnel or key raw materials, and compliance with strictly enforced federal, state, and foreign regulations; that Vaxart may not be able to obtain, maintain, and enforce necessary patent and other intellectual property protection; that Vaxart’s capital resources may be inadequate; Vaxart’s ability to resolve pending legal matters; Vaxart’s ability to obtain sufficient capital to fund its operations on terms acceptable to Vaxart, if at all; the impact of government healthcare proposals and policies; competitive factors; and other risks and uncertainties described in the “Risk Factors” sections of Vaxart’s most recent Annual Report on Form 10-K, including amendments thereto, and Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission. Vaxart undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.

Important Additional Information and Where to Find It

 Vaxart has filed a definitive proxy statement and form of white proxy card with the U.S. Securities and Exchange Commission (the “SEC”) in connection with its solicitation of proxies for the 2026 Annual Meeting of Stockholders (the “Annual Meeting”). Stockholders are able to obtain the Company’s proxy statement, any amendments or supplements to the proxy statement and other documents filed by the Company with the SEC at no charge at the SEC’s website at www.sec.gov. Copies are also available at no charge at the Company’s website at https://investors.vaxart.com/financials-filings/sec-filings.

Investor Contact

Michael Fein
Campaign Management
(855) 264-1527

Media Contact

Aaron Palash / Adam Pollack
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
2026-06-26 14:17 1mo ago
2026-06-26 09:36 1mo ago
4 Stocks With Strong Interest Coverage Ratios to Buy for H2 2026
DELL Dell
FMP Stock News
Original source text
Key Takeaways CASY, DELL, TILE and CLS qualified a screen built around strong interest coverage ratios.The strategy also favors stocks topping industry EPS growth medians and trading above $5.Celestica leads the four in expected sales growth, while Dell posts the biggest one-year stock gain. An ill-informed investor can lose money by betting on a stock based solely on the numbers flashing on a real-time trading screen. This is why a deeper review of a company’s financial background is essential for making smarter investment decisions, especially when the market is navigating multiple crosscurrents.

Too often, investors gauge a company’s performance by looking only at headline sales or earnings. What these numbers don’t reveal is whether a company’s fundamentals are strong enough to meet its financial obligations in a tighter, more rate-sensitive environment.

This is where coverage ratios become invaluable. A higher coverage ratio signals a stronger capacity to service debt and sustain operations, making it a critical indicator of financial stability for investors seeking safer opportunities. Casey's General Stores, Inc. (CASY - Free Report) , Dell Technologies Inc. (DELL - Free Report) , Interface, Inc. (TILE - Free Report) , and Celestica Inc. (CLS - Free Report) have impressive interest coverage ratios.

Why Interest Coverage Ratio?The interest coverage ratio is used to determine how effectively a company can pay interest charges on its debt.

Debt, which is crucial to financing operations for the majority of companies, comes at a cost called interest. Interest expense has a direct bearing on the profitability of a company. The company’s creditworthiness depends on how effectively it meets its interest obligations. Therefore, the interest coverage ratio is one of the important criteria to factor in before making any investment decision.

Interest Coverage Ratio = Earnings before Interest & Taxes (EBIT) divided by Interest Expense.

The interest coverage ratio suggests how many times the interest could be paid from earnings and gauges the margin of safety a firm has for paying interest.

An interest coverage ratio lower than 1 suggests that the company is unable to fulfill its interest obligations and could default on repaying debt. A company capable of generating earnings well above its interest expense can withstand financial hardships. One should also track the company’s past performance to determine whether the interest coverage ratio has improved or worsened over time.

The Winning StrategyApart from having an interest coverage ratio that is more than the industry average, adding a favorable Zacks Rank and a VGM Score of A or B to your search criteria should lead to better results.

Interest coverage ratio greater than X-Industry Median

Price greater than or equal to 5: The stocks must all be trading at a minimum of $5 or higher.

5-Year Historical EPS Growth (%) greater than X-Industry Median: Stocks with a strong EPS growth history.

Projected EPS Growth (%) greater than X-Industry Median: This is the projected EPS growth over the next three to five years. This shows that the stock has near-term earnings growth potential.

Average 20-Day Volume greater than 100,000: A substantial trading volume ensures that the stock is easily tradable.

Zacks Rank less than or equal to 2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment.

VGM Score of less than or equal to B: Our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1 or 2, offer the best upside potential.

Here are four of the 10 stocks that qualified the screening:

Casey's, a leading convenience store chain in the United States, sports a Zacks Rank #1 and has a VGM Score of B. CASY has a trailing four-quarter earnings surprise of 18.4%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Casey's current financial-year sales and EPS indicates growth of 16.6% and 9.9%, respectively, from the year-ago period. The stock has advanced 55% over the past year.

Dell Technologies, a global technology company that provides IT infrastructure, cloud computing, data storage and digital transformation solutions, sports a Zacks Rank #1 and has a VGM Score of B. DELL has a trailing four-quarter earnings surprise of 18.7%, on average.

The Zacks Consensus Estimate for Dell Technologies’ current financial-year sales and EPS calls for growth of 47.4% and 83.3%, respectively, from the year-ago period. The stock has soared 229.7% over the past year.

Interface, the global flooring and sustainability leader, carries a Zacks Rank #2. The company has a trailing four-quarter earnings surprise of 26.8%, on average.

The Zacks Consensus Estimate for TILE’s current financial-year sales and EPS implies growth of 5.6% and 8.8%, respectively, from the year-ago period. TILE has a VGM Score of B. The stock has risen 68.5% over the past year.

Celestica, a global leader in data center infrastructure and advanced technology solutions, carries a Zacks Rank #2. The company has a trailing four-quarter earnings surprise of 8%, on average.

The Zacks Consensus Estimate for Celestica’s current financial-year sales and EPS implies growth of 53.8% and 67.9%, respectively, from the year-ago period. CLS has a VGM Score of A. The stock has soared 136.7% over the past year.
2026-06-26 14:17 1mo ago
2026-06-26 10:01 1mo ago
Dell Technologies Inc. (DELL) is Attracting Investor Attention: Here is What You Should Know
DELL Dell
FMP Stock News
Original source text
Dell Technologies (DELL - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Over the past month, shares of this computer and technology services provider have returned +29.1%, compared to the Zacks S&P 500 composite's -1.4% change. During this period, the Zacks Computer - Micro Computers industry, which Dell Technologies falls in, has lost 8.9%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

For the current quarter, Dell Technologies is expected to post earnings of $4.88 per share, indicating a change of +110.3% from the year-ago quarter. The Zacks Consensus Estimate has changed +57.3% over the last 30 days.

The consensus earnings estimate of $18.77 for the current fiscal year indicates a year-over-year change of +82.2%. This estimate has changed +45.2% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $22.63 indicates a change of +20.6% from what Dell Technologies is expected to report a year ago. Over the past month, the estimate has changed +52.4%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for Dell Technologies.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of Dell Technologies, the consensus sales estimate of $46.97 billion for the current quarter points to a year-over-year change of +57.7%. The $171.01 billion and $188.64 billion estimates for the current and next fiscal years indicate changes of +50.6% and +10.3%, respectively.

Last Reported Results and Surprise HistoryDell Technologies reported revenues of $43.84 billion in the last reported quarter, representing a year-over-year change of +87.5%. EPS of $4.86 for the same period compares with $1.55 a year ago.

Compared to the Zacks Consensus Estimate of $35.46 billion, the reported revenues represent a surprise of +23.62%. The EPS surprise was +59.87%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Dell Technologies is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Dell Technologies. However, its Zacks Rank #1 does suggest that it may outperform the broader market in the near term.
2026-06-26 14:16 1mo ago
2026-06-26 09:29 1mo ago
Micron, SanDisk, and Western Digital Fall 7% as Memory Rally Cools
WDC Western Digital
FMP Stock News
Original source text
© luchschenF / Shutterstock.com

Shares of Micron Technology (NASDAQ:MU | MU Price Prediction) are down 7% to $1,130 in early Friday trading. SanDisk (NASDAQ:SNDK) is slipping 7% to $2,176, while Western Digital (NASDAQ:WDC) is declining 6% to $626. The coordinated retreat across the three biggest U.S. memory and storage names suggests profit-taking rather than a thesis-breaking shift.

The trio had ripped higher into this week’s session. Micron stock alone climbed 35% over the past month, and SanDisk stock surged 47% in that span. Today’s pullback trims only a sliver of that move.

The trigger looks more like sentiment than fundamentals. A memory-chip selloff in Asian markets has rippled across the sector, and a hotter U.S. inflation print landed Thursday. Both gave traders an easy excuse to lighten exposure in the year’s hottest trade.

Profit-Taking Hits a Hot Trade Micron stock peaked near $1,214 Thursday following the company’s blowout fiscal Q3 2026 report Wednesday after the close. Revenue came in at $41.46 billion, beating estimates by 18% and rising 346% year over year (YoY).

Micron also guided Q4 2026 revenue to $50 billion plus or minus $1 billion and non-GAAP EPS to $31.00. CEO Sanjay Mehrotra stated that “Micron’s record fiscal Q3 financial results and even stronger outlook for Q4 reflect the strategic value of memory in the AI era.” The print came alongside multi-year Strategic Customer Agreements designed to lock in durable revenue.

Stocks rarely move straight up after that kind of beat, and holders are booking gains. Western Digital stock had run 292% YTD through Thursday, an outsized move for a hard-disk-drive pure play.

Asian Selloff and PCE Add Pressure A recent memory-chip selloff in Asian markets, with Samsung and SK Hynix falling sharply and a brief trading halt on South Korea’s Kospi, has weighed on sentiment in U.S. memory names. The read-through is straightforward. If Asian buyers are derisking the AI memory trade, U.S. peers tend to follow.

Layered on top, a hotter-than-expected Personal Consumption Expenditures (PCE) inflation reading on Thursday tempered hopes for aggressive Federal Reserve rate cuts. Higher-for-longer rates tend to compress multiples on the highest-flying growth names, and memory sits at the top of that list.

The CBOE Volatility Index or VIX sits at 18.63, up 12% over the past month and at the 70th percentile of its 12-month range. That’s not panic, but it’s enough to encourage trimming in crowded trades.

Retail Stays Bullish, Analysts Split Retail sentiment on Micron stock has cooled from a bullish reading of 69 on Thursday morning to a neutral 46 early Friday. Western Digital sentiment held at a bullish 66 on r/stockmarket. The shift looks like reassessment, not capitulation.

Polymarket traders assign a 94% probability that Micron stock closes the month above $980 and a 53% probability that the stock finishes today lower. The two readings together imply a floor in place but limited near-term upside conviction.

The bulls point to a multi-year AI memory upcycle and Micron’s strategic customer commitments as evidence of revenue durability. However, at least one analyst has cautioned that a future supply glut is possible if capacity additions eventually outpace AI demand growth.

What to Watch Investors can watch whether Micron stock holds above the $1,070 to $1,090 zone that the prediction markets currently treat as a soft floor. A break below that band could pull SanDisk stock and Western Digital stock further with it.

Hyperscaler capex commentary and any incremental analyst notes on HBM4 pricing may set the tone for the group. Until then, today’s move reads as a hot trade cooling, not a cycle turning.

Investors carrying outsized gains in these names should consider trimming their positions back to a comfortable risk weight. A measured approach keeps holders aligned with the AI memory upcycle without absorbing the full sting of every volatility spike that lands between here and the next round of earnings.
2026-06-26 14:16 1mo ago
2026-06-26 09:45 1mo ago
Micron's Robust Q3 Results Raise Investor Attention on These 3 Stocks
WDC Western Digital
FMP Stock News
Original source text
Key Takeaways MU's Q3 results underscored strong AI memory demand and ongoing supply constraints through 2028. SNDK is benefiting from AI-driven NAND demand, premium pricing and its extended Kioxia joint venture.WDC and STX are seeing AI-led storage demand support growth, products and earnings estimates. On June 24, Micron Technology Inc. (MU - Free Report) posted blockbuster third-quarter fiscal 2026 results, crushing all estimates. Micron has been benefiting tremendously from the enormous application of artificial intelligence (AI) in day-to-day life, which has pushed up the demand for memory chips. Moreover, the ongoing supply crunch of AI-enabled memory and storage chips has pushed the prices of these products to sky-high levels.

An overwhelming section of industry researchers expressed concerns that this problem is likely to persist till 2028, forcing giant AI semiconductor manufacturers to enter into a long-term contract with AI-enabled memory and storage chip developers. 

Micron’s marvelous third-quarter 2026 earnings results were a demonstration of these facts. Aside from Micron, three other stocks from this space have caught the attention of market participants, supported by their innovative products. 

The companies are: Sandisk Corp. (SNDK - Free Report) , Western Digital Corp. (WDC - Free Report) and Seagate Technology Holdings plc (STX - Free Report) . Each of these four abovementioned stocks currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The chart below shows the price performance of these four stocks year to date.

Image Source: Zacks Investment Research

Sandisk Corp.Sandisk — a leading flash and advanced memory technology innovator — is set to maintain its astonishing momentum. SNDK has benefited from the structural shift toward AI computing, which requires significantly more NAND flash storage per deployment compared with traditional workloads. 

AI training models and inference applications generate massive data volumes that demand high-performance enterprise solid-state drives, while edge devices need greater storage capacity to support on-device AI features. 

This creates a favorable demand environment where SNDK can command premium pricing for its advanced technology products while maintaining disciplined supply allocation. SNDK’s BiCS8 quad-level cell storage product continues to advance through qualification with two major hyperscalers. The extended joint venture agreement with Kioxia Corporation through December 2034 positions Sandisk favorably in the AI memory and storage space. 

Strong Revenue and Earnings Estimate RevisionsSandisk has an expected revenue and earnings growth rate of more than 100% each for the next year (ending June 2027). The Zacks Consensus Estimate for next year’s earnings has improved 3.2% over the past 30 days.

Image Source: Zacks Investment Research

Image Source: Zacks Investment Research

Western Digital Corp.Western Digital has been witnessing strong execution amid intensified cloud and AI demand. WDC saw strong data center demand and increased adoption of high-capacity hard disk drives (HDDs). This reflects its ability to scale reliable, high-capacity storage solutions to meet the needs of the AI-driven data economy.

As AI and cloud adoption accelerate, demand for higher-density storage continues to rise. WDC is meeting this demand through close collaboration with hyperscalers, delivering reliable, high-capacity drives at scale with strong performance and total cost of ownership.

Solid Revenue and Earnings Estimate RevisionsWestern Digital has an expected revenue and earnings growth rate of 38.1% and 79.9%, respectively, for the next year (ending June 2027). The Zacks Consensus Estimate for next year’s earnings has improved 4.9% over the past 30 days.

Image Source: Zacks Investment Research

Image Source: Zacks Investment Research

Seagate Technology Holdings plcSeagate Technology has been benefiting from AI-led storage demand, a robust technology roadmap anchored in Mozaic and HAMR and disciplined execution focused on converting demand into profitable growth and long-term value creation. 

STX highlighted that the company is entering a “new era of structural growth” driven by strong AI-led demand, the rising adoption of Mozaic products and disciplined execution focused on expanding margins, cash flow and long-term value.

HDDs remain significantly more cost-effective for bulk storage—especially critical in hyperscale data centers supporting AI infrastructure. Seagate is well-positioned to capture this expanding opportunity through a technology strategy focused on increasing areal density rather than unit volumes, enabling a more capital- and manufacturing-efficient path to scale while improving cost and power efficiency per terabyte. 

This supports STX’s target of mid-20% exabyte growth. Its Mozaic 4+ platform, a second-generation HAMR product, delivers up to 44TB per drive — more than 30% higher capacity than earlier versions — achieved with minimal changes to materials, while integrating advanced laser and photonics technology for precision manufacturing at scale. 

Excellent Revenue and Earnings Estimate RevisionsSeagate Technology has an expected revenue and earnings growth rate of 38% and 85%, respectively, for the next year (ending June 2027). The Zacks Consensus Estimate for next year’s earnings has improved 4.6% in the past 30 days.

Image Source: Zacks Investment Research

Image Source: Zacks Investment Research
2026-06-26 14:15 1mo ago
2026-06-26 09:00 1mo ago
Paramount Skydance Corporation Announces Extension of Expiration Dates of Previously Announced Exchange Offers and Tender Offers
PARA Paramount Global
FMP Stock News
Original source text
, /PRNewswire/ -- Paramount Skydance Corporation (NASDAQ: PSKY) ("Paramount") today announced the extension of the Expiration Dates in connection with the previously announced (i) offers to purchase (the "Tender Offers" and each, a "Tender Offer") for cash, upon the terms and subject to the conditions set forth in the related offer to purchase (the "Offer to Purchase"), any and all of the identified notes in each series of the Existing Tender Offer Notes (defined by reference to the table set forth below) issued by Discovery Global Holdings, Inc. (formerly WarnerMedia Holdings, Inc.) (the "DGH Issuer") and Discovery Communications, LLC (the "DCL Issuer" and together with the DGH Issuer, each a "WBD Issuer" and collectively the "WBD Issuers"), as applicable, and (ii) offers to exchange (the "Exchange Offers" and each, an "Exchange Offer" and, together with the Tender Offers, the "Offers" and each, an "Offer"), upon the terms and subject to the conditions set forth in the related exchange offer memorandum (the "Offering Memorandum"), any and all of the identified notes in each series of the Existing Exchange Offer Notes (defined by reference to the table set forth below) (together with the Existing Tender Offer Notes, the "Offer Notes") issued by the applicable WBD Issuer for notes to be newly issued by Paramount.

The Expiration Dates for the Tender Offers and Exchange Offers (as defined in each of the Offer to Purchase and Offering Memorandum, respectively) have been extended to 5:00 p.m., New York City time, on July 15, 2026, unless further extended. The Settlement Dates for the Tender Offers and Exchange Offers (as defined in each of the Offer to Purchase and Offering Memorandum, respectively) will occur promptly after the Expiration Date and are currently anticipated to occur in the third quarter of 2026. Paramount anticipates extending the Expiration Date for such Tender Offers and Exchange Offers until such time that would result in the Settlement Dates occurring on the closing date of the proposed acquisition (the "Acquisition") by Paramount of Warner Bros. Discovery, Inc. ("WBD") or within one business day thereof. Tenders of the Offer Notes in the Offers may be withdrawn at any time prior to the Expiration Date. The aforementioned extensions further extend the Expiration Dates previously extended by Paramount on June 12, 2026.

As of 5:00 p.m., New York City time, on June 25, 2026, approximately 24.38% and 44.27% of the aggregate principal amount of the Existing Tender Offer Notes and Existing Exchange Offer Notes, respectively, have been validly tendered in the applicable Offers. As Paramount previously announced that it anticipates extending the Offers to align with the closing date of the Acquisition, Paramount does not view these figures to be representative of the final results of the applicable Offers.

Information about each series of Offer Notes eligible to participate in the Offers is summarized below.

Type of Offer

Offer Notes to be Tendered
or Exchanged, as

Applicable

Issuer of Offer Notes

CUSIP No. / Common Code
/ ISIN Eligible to
Participate in the Offers (1)

Aggregate Principal
Amount of Offer Notes
Eligible to Participate in the
Offers (2)

Tender Offer

3.950% Senior Notes due 2028

DCL Issuer

25470D CP2

US25470DCP24

$1,234,458,000

Exchange Offer

4.125% Senior Notes due 2029

DCL Issuer

25470D CQ0

US25470DCQ07

$655,825,000

Exchange Offer

3.625% Senior Notes due 2030

DCL Issuer

25470D CR8

US25470DCR89

$914,183,000

Exchange Offer

5.000% Senior Notes due 2037

DCL Issuer

25470D CS6

US25470DCS62

$453,281,000

Exchange Offer

6.350% Senior Notes due 2040

DCL Issuer

25470D CT4

US25470DCT46

$438,102,000

Exchange Offer

4.950% Senior Notes due 2042

DCL Issuer

25470D CU1

US25470DCU19

$130,366,000

Exchange Offer

4.875% Senior Notes due 2043

DCL Issuer

25470D V91
CV9US25470DC

$141,584,000

Exchange Offer

5.200% Senior Notes due 2047

DCL Issuer

25470D W74
CW7US25470DC

$3,161,000

Exchange Offer

5.300% Senior Notes due 2049

DCL Issuer

25470D X57

CX5US25470DC

$247,860,000

Tender Offer

3.755% Senior Notes due 2027

DGH Issuer

254948 AH5

US254948AH58

254948 AN2

US254948AN27

U25483 AA3

USU25483AA38

$1,189,336,000

Exchange Offer

4.054% Senior Notes due 2029

DGH Issuer

254948 AJ1

US254948AJ15

254948 AP7

US254948AP74

U25483 AB1

USU25483AB11

$1,353,828,000

Exchange Offer

4.279% Senior Notes due 2032

DGH Issuer

254948 AK8

US254948AK87

254948 AQ5

US254948AQ57

$2,691,764,000

Exchange Offer

5.050% Senior Notes due 2042

DGH Issuer

254948 AL6

US254948AL60

254948 AR3

US254948AR31

U25483 AD7

USU25483AD76

$4,104,687,000

Exchange Offer

5.141% Senior Notes due 2052

DGH Issuer

254948 AM4

US254948AM44

254948 AS1

US254948AS14

$949,883,000

Exchange Offer

4.302% Senior Notes due 2030

DGH Issuer

XS3393993285

339399328

€234,382,000

Exchange Offer

4.693% Senior Notes due 2033

DGH Issuer

XS3393994507

339399450

€316,641,000

__________

(1) No representation is made as to the correctness or accuracy of the identifiers listed in this press release or printed on the Offer Notes. Such identifiers are provided solely for the convenience of the holders.

(2) Represents the aggregate principal amount of Offer Notes outstanding that are eligible to participate in the Offers.

The Exchange Offers are being made pursuant to an exemption from the registration requirements of the U.S. Securities Act of 1933, as amended (the "Securities Act"), and the rules and regulations of the Securities and Exchange Commission (the "SEC") promulgated thereunder, and are also not being registered under any state or foreign securities laws. Any securities offered pursuant to the Exchange Offers may not be offered or sold in the United States or to any U.S. persons (as defined below) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The Exchange Offers will only be made, and the securities offered pursuant to the Exchange Offers are only being offered and issued, to holders of applicable Existing Exchange Offer Notes who are (a) reasonably believed to be "qualified institutional buyers" as defined in Rule 144A under the Securities Act or (b) not "U.S. persons," as defined in Rule 902 of Regulation S under the Securities Act (such holders, "Eligible Holders"), and only Eligible Holders who have completed and returned the eligibility certification are authorized to receive or review the Offering Memorandum or to participate in the Exchange Offers. The eligibility certification is available electronically at: https://gbsc-usa.com/eligibility/paramount.

General

Each Offer is a separate offer, and each may be individually consummated, amended, extended, terminated, or withdrawn, subject to certain conditions and applicable law, at any time in Paramount's sole discretion, and without also consummating, amending, extending, terminating, or withdrawing any other Offer with respect to any other series of Offer Notes. Paramount may terminate an Offer if any of the conditions of such Offer described in the Offer to Purchase or Offering Memorandum, as applicable, are not satisfied or waived by the applicable Expiration Date, subject to applicable law. In addition, Paramount may waive the conditions to an Offer without extending such Offer in accordance with applicable law.

The Offers are being made solely by Paramount and are not being made by WBD or the WBD Issuers. None of Paramount, WBD, the WBD Issuers, the Dealer Managers, the Exchange Agent (as defined below), the Information Agent (as defined below), the trustees under each of the indentures governing the Offer Notes, the trustee or collateral agent under the indenture that will govern the notes to be issued in the Exchange Offers, or any affiliate of any of them makes any recommendation as to whether any holder of Offer Notes should tender or refrain from tendering all or any portion of the principal amount of such holder's Offer Notes for cash or notes to be issued in the Exchange Offers. No one has been authorized by any of them to make such a recommendation. Holders must make their own decision whether to tender Offer Notes in any Offer and, if so, the amount of Offer Notes to tender.

Only Eligible Holders may receive a copy of the Offering Memorandum and participate in the Exchange Offers. Paramount has engaged Global Bondholder Services Corporation to act as the exchange agent (in such capacity, the "Exchange Agent") and information agent (in such capacity, the "Information Agent") for the Offers. Questions concerning the Offers, or requests for additional copies of the Offer to Purchase or Offering Memorandum or other related documents, may be directed to Corporate Actions by telephone at (855) 654-2014 (U.S. toll-free) or (212) 430-3774 (banks and brokers) or by email at [email protected]. Holders should also consult their broker, dealer, commercial bank, trust company or other institution for assistance concerning the Offers. The Exchange Offer documents and the Tender Offer documents can be accessed at the following link: https://gbsc-usa.com/paramount.

Paramount has engaged BofA Securities and Citigroup as dealer managers (in such capacity, the "Dealer Managers") for the Offers. Holders with questions regarding the Offers should contact BofA Securities, Inc. at +1 (888) 292-0070 (toll-free) or +1 (980) 388-3646 (collect) or [email protected] or Citigroup Global Markets Inc. at +1 (800) 558-3745 (toll-free) or +1 (212) 723-6106 or [email protected]. Latham & Watkins LLP is serving as legal counsel to Paramount and Cahill Gordon & Reindel LLP is serving as legal counsel to the Dealer Managers.

This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security, and does not constitute an offer, solicitation, or sale of any security in any jurisdiction in which such offer, solicitation, or sale would be unlawful.

About Paramount, a Skydance Corporation

Paramount, a Skydance Corporation is a next-generation global media and entertainment company, comprised of three business segments: Studios, Direct-to-Consumer, and TV Media. PSKY's portfolio unites legendary brands, including Paramount Pictures, Paramount Television, CBS, CBS News, CBS Sports, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+, Pluto TV, and Skydance Animation, Film, Television, Interactive/Games, and Paramount Sports Entertainment.

PSKY-IR

Cautionary Note Concerning Forward-Looking Statements

This communication contains "forward-looking statements" regarding the Acquisition and the other transactions referred to herein. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of Paramount. Risks and uncertainties include, but are not limited to: the risk that the closing conditions for the Acquisition will not be satisfied, including the risk that clearances under applicable antitrust or regulatory laws will not be obtained or will be obtained subject to conditions that are not anticipated; the possibility that the transactions described herein will not be completed in the expected timeframe or at all; the occurrence of any event, change or other circumstances that could give rise to the termination of the Acquisition; potential adverse effects to the businesses of Paramount or WBD during the pendency of the Acquisition, such as employee departures or distraction of management from business operations; negative effects of the announcement or the consummation of the Acquisition on the market price of WBD or Paramount stock; the risk of stockholder litigation relating to the Acquisition, including resulting expense or delay; the potential that the expected benefits and opportunities of the Acquisition, if completed, may not be realized or may take longer to realize than expected; risks related to the streaming business of the post-Acquisition combined business (the "Combined Company"); the adverse impact on the Combined Company's advertising revenues as a result of changes in consumer behavior, advertising market conditions, and deficiencies in audience measurement; risks related to operating in highly competitive and dynamic industries; the unpredictable nature of consumer behavior, as well as evolving technologies and distribution models; risks related to the Combined Company's decision to invest in new businesses, products, services, and technologies, and the evolution of the Combined Company's business strategy; the potential for loss of carriage or other reduction in, or the impact of negotiations for, the distribution of the Combined Company's content; damage to the Combined Company's reputation or brands; losses due to asset impairment charges for goodwill, content and long-lived assets, including finite-lived intangible assets; liabilities related to discontinued operations and former businesses; increasing scrutiny of, and evolving expectations for, sustainability initiatives; evolving business continuity, cybersecurity, privacy and data protection and similar risks; challenges in protecting and maintaining the Combined Company's intellectual property rights; domestic and global political, economic and regulatory factors affecting the Combined Company's business generally or the Acquisition; the inability to hire or retain key employees or secure creative talent; disruptions to the Combined Company's operations as a result of labor disputes; risks and costs associated with the integration of, and Paramount's ability to integrate, the businesses of Paramount Global, Skydance Media, LLC, and WBD successfully and to achieve anticipated synergies, including in the amounts or on the timelines anticipated to realize such synergies; litigation related to the Acquisition and other matters or transactions; risks associated with the Combined Company's holding company structure, including its dependence on distributions from its subsidiaries to meet tax obligations and other cash requirements; risks related to our indebtedness, including our substantial outstanding debt obligations, our ability to incur substantially more debt and our ability to meet the financial and other covenants contained in the agreements governing the indebtedness of Paramount, WBD, or the Combined Company. A further list and description of these risks, uncertainties and other factors and the general risks associated with the respective businesses of Paramount and WBD can be found in Paramount's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 25, 2026, including in the sections captioned "Cautionary Note Concerning Forward-Looking Statements" and "Item 1A. Risk Factors," Paramount's most recently filed Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 4, 2026, including in the sections captioned "Cautionary Note Concerning Forward-Looking Statements" and "Item 1A. Risk Factors," and Paramount's subsequent filings with the SEC, and in WBD's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 27, 2026, including in the section captioned "Item 1A. Risk Factors," WBD's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 6, 2026, and WBD's subsequent filings with the SEC. Neither Paramount nor WBD undertakes to update any forward-looking statement as a result of new information or future events or developments, except as required by law.

SOURCE Paramount Skydance Corporation
2026-06-26 14:15 1mo ago
2026-06-26 09:40 1mo ago
Implied Volatility Surging for Texas Pacific Land Stock Options
TPL Texas Pacific Land Corporation
FMP Stock News
Original source text
Investors in Texas Pacific Land Corporation (TPL - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the July 17, 2026 $233.33 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Texas Pacific Land shares, but what is the fundamental picture for the company? Currently, Texas Pacific Land is a Zacks Rank #5 (Strong Sell) in the Alternative Energy - Other industry that ranks in the Top 42% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $2.39 per share to $2.14 in that period.

Given the way analysts feel about Texas Pacific Land right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
2026-06-26 14:15 1mo ago
2026-06-26 10:00 1mo ago
‘Fork in the road': CEO of Amazon-backed Rivian on why carmakers need to invest in EVs
RIVN Rivian Automotive
FMP Stock News
Original source text
Carmakers that focus on selling fossil fuel engines are at risk of being “woefully behind” on technology by the end of the decade, according to the boss of Rivian, an Amazon-backed US electric carmaker.

RJ Scaringe, Rivian’s founder and chief executive, said the car industry has reached a “fork in the road” in the choice between short-term profits and the heavy investments, particularly in software, that will be required to survive.

In an interview this month in London, he said many have chosen profits, ramping up the production of petrol or hybrid pickup trucks and SUVs in the US and Europe.

Much of the automotive industry in the US and Europe has lobbied to slow the transition to electric vehicles, favouring instead polluting but profitable cars with internal combustion engines.

The retreat has been particularly striking in the US, where Donald Trump’s administration has gutted incentives to produce and buy EVs. Ford, General Motors, Honda, Stellantis and Volkswagen, all of which have large US operations, have collectively written off more than $70bn (£53bn) from their previous EV investments, according to Reuters.

Workers on the production line at Rivian’s headquarters in California. Photograph: Bloomberg/Getty ImagesScaringe said the decisions to focus on profitable petrol cars could come back to haunt manufacturers.

He said: “That looks really good financially for 2026, 2027, maybe even 2028. But as you get to the end of the 2020s and into the 2030s, I think we’re going to find a lot of companies are unfortunately woefully behind in terms of their technology.”

The turn against EVs has led to uncertainty over demand for Rivian, which has just started deliveries of its R2 SUV in the US. The car is “make or break” for the company as it tries to turn a profit for the first time, Scaringe said.

RJ Scaringe says focusing on the profitable petrol cars could come back to haunt manufacturers. Photograph: Kimberly White/Getty Images for RivianRivian was founded in 2009, and delivered its first electric vehicle in 2021, the same year as it floated on the stock market.

Rivian lost $3.6bn in 2025 amid heavy investment in the R2 and in autonomous driving abilities. After its market value soared above $100bn at its initial public offering, the carmaker has dropped back to $21bn – although Scaringe could be in line for share awards worth as much as $5bn if he can push the share price to targets well above its all-time high.

Rivian lost $3.6bn in 2025 amid heavy investment in the R2 and in autonomous driving abilities. Photograph: RivianScaringe said the “the more damaging and more dangerous aspect” of the turn against EVs was not the delayed transition from petrol engines to batteries but rather the failure to develop the software that increasingly controls every aspect of the vehicle.

He said petrol cars were stuck with a design that scatters computer chips throughout the car – from the engine to the seats and wing mirrors – rather than a centralised architecture that can be easily modified. Relying instead on a single computer reduces production costs by “thousands of dollars”, Scaringe said.

Rivian’s heavy investment in digital technology and software has at least partly paid off. Alongside the Amazon investment, which includes a deal for up to 100,000 delivery vans, Rivian and Germany’s Volkswagen agreed a $5.8bn electric tech and software joint venture in 2024, and Uber invested $1.25bn in a deal that could also lead to the sale of 50,000 robotaxis.

Scaringe said Rivian could help to increase the take-up of EVs in the US despite the White House backlash. Electric cars made up 7.8% of all US car sales in 2025, and Scaringe said the R2 alone could eventually increase the market share by three or four percentage points.

“The objective is to be a very large company” with annual sales in the millions, Scaringe said.

Scaringe said he was sceptical of carmakers’ claims that buyers do not want EVs, but rather that the dominance of Tesla’s Model 3 saloon car and Model Y SUV in the US was a “sign of a market starved for great choices”. Chinese carmakers dominate the global EV industry but are locked out of the US by prohibitive tariffs.

Rivian is also aiming to sell the R2 in the UK and mainland Europe, although that will not happen for at least a year.
2026-06-26 14:14 1mo ago
2026-06-26 08:58 1mo ago
This Robinhood Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday
HOOD Robinhood
FMP Stock News
Original source text
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

Considering buying HOOD stock? Here’s what analysts think:

Photo via Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.
2026-06-26 14:10 1mo ago
2026-06-26 10:01 1mo ago
Here is What to Know Beyond Why Louisiana-Pacific Corporation (LPX) is a Trending Stock
LPX Louisiana-Pacific
FMP Stock News
Original source text
Louisiana-Pacific (LPX - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Over the past month, shares of this home construction supplier have returned +7.2%, compared to the Zacks S&P 500 composite's -1.4% change. During this period, the Zacks Building Products - Wood industry, which Louisiana-Pacific falls in, has gained 7.6%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

Louisiana-Pacific is expected to post earnings of $0.64 per share for the current quarter, representing a year-over-year change of -35.4%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

For the current fiscal year, the consensus earnings estimate of $2 points to a change of -24.5% from the prior year. Over the last 30 days, this estimate has remained unchanged.

For the next fiscal year, the consensus earnings estimate of $4.11 indicates a change of +105.4% from what Louisiana-Pacific is expected to report a year ago. Over the past month, the estimate has remained unchanged.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Louisiana-Pacific is rated Zacks Rank #4 (Sell).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

For Louisiana-Pacific, the consensus sales estimate for the current quarter of $683 million indicates a year-over-year change of -9.5%. For the current and next fiscal years, $2.57 billion and $3.03 billion estimates indicate -5% and +17.8% changes, respectively.

Last Reported Results and Surprise HistoryLouisiana-Pacific reported revenues of $574 million in the last reported quarter, representing a year-over-year change of -20.7%. EPS of $0.38 for the same period compares with $1.27 a year ago.

Compared to the Zacks Consensus Estimate of $572.45 million, the reported revenues represent a surprise of +0.27%. The EPS surprise was +322.22%.

Over the last four quarters, Louisiana-Pacific surpassed consensus EPS estimates three times. The company topped consensus revenue estimates three times over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Louisiana-Pacific is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Louisiana-Pacific. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.
2026-06-26 14:10 1mo ago
2026-06-26 09:04 1mo ago
Rocket Lab stock rises as NASA selects Electron for two missions
RKLB Rocket Lab USA
FMP Stock News
Original source text
Shares of Rocket Lab NASDAQ:RKLB climbed in premarket trading after the space company announced that NASA had selected its Electron launch vehicle for two Earth and solar science missions.

The missions, known as Polarized Submillimeter Ice-cloud Radiometer Satellite (PolSIR) and Total and Spectral Solar Irradiance Sensor-2 (TSIS-2), will launch from Rocket Lab's Launch Complex 1 in Mahia, New Zealand.

The awards fall under NASA's Venture-Class Acquisition of Dedicated and Rideshare (VADR) program, a contract vehicle with a potential value of up to $300 million over a 10-year period.

The PolSIR mission is designed to improve scientists' understanding of tropical and subtropical ice clouds.

The project involves two small CubeSat satellites that will measure how these clouds interact with sunlight and heat.

Researchers expect the data to help improve climate and weather forecasting models.

Rocket Lab said the PolSIR project will require two dedicated Electron launches beginning no earlier than June 2027.

The TSIS-2 mission is scheduled for early 2027 and will launch on a separate Electron mission.

The project aims to measure the total amount of solar energy and the different wavelengths of sunlight reaching Earth.

According to NASA, the information gathered from TSIS-2 will help researchers track changes in weather patterns, ocean currents, and seasonal variations.

Both missions will launch from Rocket Lab's New Zealand facility, reinforcing the company's role as a provider of dedicated launch services for scientific payloads and small satellites.

Electron remains the company's primary launch vehicleElectron is Rocket Lab's small orbital launch vehicle designed specifically for small satellite deployments and science missions.

The company said Electron has completed nearly 90 missions and deployed more than 260 satellites into orbit as of June 2026.

Earlier this week, Rocket Lab highlighted the efficiency of its manufacturing operations, noting that its Electron production system is currently capable of providing a new rocket approximately every 11 days.

The production pace supports Rocket Lab's strategy of offering responsive and frequent launch services to commercial and government customers.

The latest NASA awards add to Electron's growing list of scientific and government missions and demonstrate continued demand for dedicated small-launch capabilities.

While Electron remains the company's operational workhorse, Rocket Lab continues to develop its larger Neutron launch vehicle.

Neutron is intended to expand Rocket Lab's capabilities beyond the small satellite market and allow it to compete for larger payload missions.

However, development of the rocket has encountered several delays and has yet to complete its inaugural flight.

The vehicle was originally slated to make its first launch in 2025.

Until Neutron becomes operational, Electron remains Rocket Lab's sole active launch vehicle and the company's primary source of launch services revenue.

Investors appeared to welcome NASA's latest selection of Electron, with the stock gaining ground as the awards further strengthened Rocket Lab's position in the growing market for dedicated science and small satellite missions.
2026-06-26 14:10 1mo ago
2026-06-26 09:16 1mo ago
Space Stock Surging on Renewed NASA Partnership
RKLB Rocket Lab USA
FMP Stock News
Original source text
Rocket Lab Corp (NASDAQ:RKLB) is trading 1.5% higher at $81.91 before the bell today, after NASA selected the company to provide three Electron launches, including the PolSIR and TSIS-2 missions. This will expand the company's government ties into defense work even further.

RKLB has struggled since tapping a late-May record high of $151. Should this morning's gains hold, RKLB will snap a five-day losing streak, which yesterday ushered the shares back below the 100-day moving average for the first time since April.

Despite its recent retreat, Rocket Lab stock remains 15% higher year to date. Plus, this recent downward momentum was likely imminent, as the stock's 14-day Relative Strength Index (RSI) of 25 sits firmly in "oversold" territory. 

The options pits are pricing in relatively low volatility expectations, too, per RKLB's Schaeffer's Volatility Index (SVI) of 85%, which sits in the 12th percentile of its annual range. Even further, the stock's Schaeffer's Volatility Scorecard (SVS) of 85 out of 100 indicates it has consistently exceeded those expectations during the past year.
2026-06-26 14:06 1mo ago
2026-06-26 10:01 1mo ago
Groupon, Inc. (GRPN) Is a Trending Stock: Facts to Know Before Betting on It
GRPN Groupon
FMP Stock News
Original source text
Groupon (GRPN - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Shares of this online daily deal service have returned +7.9% over the past month versus the Zacks S&P 500 composite's -1.4% change. The Zacks Internet - Commerce industry, to which Groupon belongs, has lost 14.1% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

Groupon is expected to post a loss of $0.07 per share for the current quarter, representing a year-over-year change of -115.2%. Over the last 30 days, the Zacks Consensus Estimate has changed -69.2%.

For the current fiscal year, the consensus earnings estimate of -$0.16 points to a change of +92.2% from the prior year. Over the last 30 days, this estimate has changed -840%.

For the next fiscal year, the consensus earnings estimate of $0.89 indicates a change of +652.1% from what Groupon is expected to report a year ago. Over the past month, the estimate has changed +1.1%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Groupon is rated Zacks Rank #3 (Hold).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

For Groupon, the consensus sales estimate for the current quarter of $127.42 million indicates a year-over-year change of +1.4%. For the current and next fiscal years, $519.48 million and $561.06 million estimates indicate +4.2% and +8% changes, respectively.

Last Reported Results and Surprise HistoryGroupon reported revenues of $117.2 million in the last reported quarter, representing no change year over year. EPS of -$0.32 for the same period compares with $0.18 a year ago.

Compared to the Zacks Consensus Estimate of $117.26 million, the reported revenues represent a surprise of -0.05%. The EPS surprise was -1500%.

Over the last four quarters, the company surpassed EPS estimates just once. The company topped consensus revenue estimates two times over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Groupon is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Groupon. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-06-26 14:05 1mo ago
2026-06-26 08:00 1mo ago
Incyte Announces Positive CHMP Opinion for Opzelura® (ruxolitinib) Cream for the Treatment of Adults with Moderate Atopic Dermatitis
INCY Incyte
FMP Stock News
Original source text
Incyte (Nasdaq: INCY) today announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has issued a positi
2026-06-26 14:04 1mo ago
2026-06-26 10:02 1mo ago
65 Years Old With $1.4 Million. This Is My Income Blueprint With Uncertain Fed Policies
WMB Williams Cos
FMP Stock News
Original source text
© Nobilior / Getty Images

At 65 with $1.4 million, I want income that does not flinch when the Fed pivots. My sovereign income blueprint targets three companies that own physical networks the economy must pay to use: aerospace and defense, interstate natural gas pipelines, and global infrastructure. Here is whether each dividend is actually safe.

The Three-Stock Income Snapshot Company Annual Dividend Yield Streak Note RTX $2.72 1.5% 27+ years of uninterrupted payments Williams $2.025 2.7% 52nd consecutive year of payments Brookfield Infrastructure ~$1.82 base annualized ~4.5% 18 years of consecutive quarterly distributions RTX: Payout Room Wide Open RTX (NYSE:RTX | RTX Price Prediction) raised the quarterly dividend to $0.73 in May. With TTM EPS of $5.33 against a $2.72 dividend, the earnings payout ratio is well covered. FY2025 free cash flow of $7.94 billion dwarfs the dividend, and 2026 guidance calls for $8.25 to $8.75 billion. A $271 billion backlog backs it. CEO Chris Calio told investors RTX “delivered a very strong start to 2026 with organic sales and adjusted operating profit growth across all three segments.” Assessment: Very Safe.

Williams: Coverage Is Strong, Leverage Is Elevated Williams Companies (NYSE:WMB) raised the quarterly payout to $0.525 for 2026, a 5% bump. GAAP EPS of $2.28 against a $2.025 dividend reflects an elevated earnings payout ratio, but midstream operators run on cash. Management guides 2.36x to 2.45x dividend coverage on AFFO of $6.085 to $6.315 billion. The catch: leverage stays near 4.1x while growth capex jumps to $7.0 to $7.6 billion. CEO Chad Zamarin emphasized “delivering for shareholders through our position as the nation’s natural gas infrastructure leader.” Assessment: Safe, watch the debt.

Brookfield Infrastructure: The Streak Speaks, Coverage Data Is Thin Brookfield Infrastructure Partners (NYSE:BIP) has paid quarterly distributions for 18 consecutive years, with the base quarterly rate climbing from $0.265 in 2008 to $0.455 in early 2026. A $0.7656 June payment appears to be a special or elevated distribution consistent with past Q2 patterns ($0.59 in 2016, $0.54 in 2022). Current FFO and leverage disclosures are not available here, so I cannot calculate a payout ratio or verify the yield. The track record is the strongest signal I have. Assessment: Likely Safe, pending FFO verification.

My Verdict: A Sovereign Income Sleeve Dividend Safety Rating: Safe (portfolio level). RTX brings defense backlog and a well-covered payout. Williams brings essential pipeline cash flow with 2x-plus coverage. Brookfield brings a global infrastructure stream with an 18-year record. I would be comfortable funding income off this trio if defense spending and US gas demand stay structurally elevated. I would trim if Williams leverage drifts above 4.5x or BIP cuts its base distribution. For now, the sovereign blueprint holds.
2026-06-26 14:03 1mo ago
2026-06-26 08:00 1mo ago
TNL Mediagene's Business Insider Taiwan Tops One Million Monthly Views in First Year, Surpassing 50,000 Subscribers on its YouTube Channel
TNL Travel + Leisure
FMP Stock News
Original source text
- Business Insider Taiwan's YouTube channel has surpassed 50,000 subscribers less than one year after launch
- The platform's website is expected to surpass 500,000 monthly visits for the first time in June 2026
- Approximately 40% of total views now come from audiences outside Taiwan

Tokyo, Japan--(Newsfile Corp. - June 26, 2026) - TNL Mediagene (NASDAQ: TNMG) (the "Company"), a technology and digital media company providing AI-driven advertising, marketing technology, content commerce and data analytics solutions, and operating multi-language digital media brands across Asia, today reported strong first-year growth for Business Insider Taiwan, the Chinese-language edition it launched in 2025 as part of its AI-assisted multilingual expansion strategy.

Business Insider Taiwan was launched to extend the Company's established Business Insider Japan franchise into Chinese-speaking markets, applying the audience and operational know-how built in Japan to a new language market. The brand's early trajectory reflects the Company's broader strategy of pairing globally recognized media brands with local editorial expertise and AI-enabled workflows to build scalable audience and content growth across markets.

Business Insider Taiwan's YouTube channel, launched in July 2025, has surpassed 50,000 subscribers and one million views less than a year after launch. The media brand's website, launched in September 2025, has continued to grow month over month and is on track to surpass 500,000 monthly visits for the first time in June 2026, nearly doubling from the previous month and marking a new record for the brand.

The audience is increasingly international. Approximately 40% of total views now come from outside Taiwan, and nearly one-third of total viewing hours are generated by international audiences in Hong Kong, North America, Southeast Asia, and other Chinese-speaking markets — evidence that a locally produced edition can serve a global Chinese-speaking readership.

From an operational perspective, the growth has been supported by AI-assisted localization workflows integrated with human editorial review. Combining technology with editorial judgment has allowed the Company to increase publishing efficiency and accelerate the delivery of global stories to local audiences while expanding content output and maintaining editorial quality and depth.

"Business Insider Taiwan demonstrates how a trusted global media brand can be expanded into a new language market when you combine local editorial expertise with AI-assisted operations. The progress achieved so far provides encouraging evidence that these capabilities can help accelerate audience growth, support new monetization opportunities, and strengthen the long-term value of trusted media brands," said Joey Chung, Co-Founder & President of TNL Mediagene.

"Our goal is not simply to translate global stories, but to make them meaningful and relevant for Chinese-speaking audiences. By combining original reporting, editorial judgment, and AI-assisted workflows, we are able to deliver broader international perspectives while dedicating more resources to analysis, context, and locally relevant storytelling," said April Lin, Editor-in-Chief of Business Insider Taiwan.

The Company views the growth of Business Insider Taiwan as an encouraging example of how established global media brands can be successfully expanded into new language markets through a combination of editorial expertise, AI-assisted operations, and platform-native distribution. The initiative reflects the Company's broader strategy of combining trusted brands, technology-enabled operations, and audience-focused innovation to create scalable growth opportunities across markets.

About TNL Mediagene

Headquartered in Tokyo, TNL Mediagene (NASDAQ: TNMG) is a technology company providing AI-powered advertising, marketing technology, content commerce, and data analytics solutions to brands and agencies across Asia. Formed in May 2023 through the merger of Japan's Mediagene Inc. and Taiwan's The News Lens Co., Ltd., the Company combines advertising and marketing technology platforms with a portfolio of established digital media brands to deliver integrated solutions for the evolving digital landscape.

The Company's technology offerings include AI-driven advertising, marketing and digital studio services, content commerce, and advanced data analytics capabilities. These solutions are supported by the Company's well-established multi-language digital media brands in Japanese, Chinese, and English, spanning business, technology, lifestyle, and culture, which provide audience engagement and first-party data.

Known for its appeal to younger audiences, and high-quality content, TNL Mediagene has approximately 480 employees with offices in Japan and Taiwan.

https://www.tnlmediagene.com/

About Business Insider Taiwan

Business Insider Taiwan delivers the latest business news, industry trends, technological innovations, and international financial reporting. Through in-depth analysis of both global and local developments, Mandarin-speaking readers worldwide gain critical business intelligence and actionable insights for decision-making.

https://www.businessinsider.tw/

Cautionary Statement Regarding 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, that are based on beliefs and assumptions and on information currently available to TNL Mediagene. Forward-looking statements generally relate to future events or TNL Mediagene's future financial or operating performance. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "target," "aim," "seek" or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements in this communication include, but are not limited to, statements about TNL Mediagene's future business plan and growth strategies and statements by TNL Mediagene's management. Any statements that refer to expectations, projections or other characterizations of future events or circumstances, including strategies or plans, are also forward-looking statements. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for TNL Mediagene to predict these events or how they may affect TNL Mediagene. In addition, risks and uncertainties are described in TNL Mediagene's filings with the Securities and Exchange Commission, including the risks and uncertainties set forth under the heading "Risk Factors" in TNL Mediagene's Annual Report on Form 20-F filed on April 30, 2026, as may be supplemented or amended by the TNL Mediagene's Reports of a Foreign Private Issuer on Form 6-K. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. TNL Mediagene cannot assure you that the forward-looking statements in this communication will prove to be accurate. There may be additional risks that TNL Mediagene presently does not know or that TNL Mediagene currently does not believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by TNL Mediagene, its directors, officers or employees or any other person. Except as required by applicable law, TNL Mediagene does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date of this communication. You should, therefore, not rely on these forward-looking statements as representing the views of TNL Mediagene as of any date subsequent to the date of this communication.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302982

Source: TNL Mediagene

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2026-06-26 14:02 1mo ago
2026-06-26 07:00 1mo ago
WisdomTree Honored at 2026 InvestmentNews Awards
WT Wisdomtree
FMP Stock News
Original source text
WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced that it received a top honor at the 2026 InvestmentNews Awards, with WisdomTree named ETF Provider of the Year.

The ETF Provider of the Year category recognizes WisdomTree's excellence in product innovation, advisor education, operational effectiveness, and leadership within the ETF market over the past 12 months. Through a combination of investment innovation, thought leadership, and advisor engagement, the firm has built a reputation for delivering solutions that address real portfolio challenges while empowering advisors with the tools, insights, and resources needed to support long-term client success.

"We are honored to be recognized by InvestmentNews and grateful to our clients, partners, and employees who have helped make these achievements possible," said Jonathan Steinberg, Chief Executive Officer, WisdomTree. "For more than two decades, our goal has been to anticipate where the industry is headed and equip advisors with innovative solutions that help them better serve their clients. This recognition is a testament to our team's relentless commitment to that mission."

The InvestmentNews Awards celebrate the professionals and organizations redefining the future of wealth management through innovation, integrity and impact. Winners are recognized for demonstrating excellence across product development, advisor support and industry leadership. The awards were presented at the 2026 InvestmentNews Awards gala in New York City on June 24.

For more information about the 2026 Investment News Awards and to see the complete list of winners, visit https://investmentnewsawards.com/2026-winners-excellence-awardees.

About WisdomTree

WisdomTree is a global financial innovator, offering a diverse suite of exchange-traded products (ETPs), models and solutions, private market investments and digital asset-related products. Our offerings empower investors to shape their financial future and equip financial professionals to grow their businesses. Leveraging the latest financial infrastructure, we create products that emphasize access and transparency and provide an enhanced user experience. Building on our heritage of innovation, we offer next-generation digital products and services related to tokenized real world assets and stablecoins, as well as our institutional platform, WisdomTree Connect™, and blockchain-native digital wallet, WisdomTree Prime®*, and have expanded into private markets through the acquisition of Ceres Partners’ U.S. farmland platform.

* The WisdomTree Connect institutional platform and WisdomTree Prime digital wallet and digital asset services are made available through WisdomTree Digital Movement, Inc., a federally registered money services business, state-licensed money transmitter and financial technology company (NMLS ID: 2372500) or WisdomTree Digital Trust Company, LLC, and may be limited where prohibited by law. WisdomTree Digital Trust Company, LLC is chartered as a limited purpose trust company by the New York State Department of Financial Services to engage in virtual currency business. Visit https://wisdomtreeconnect.com, https://www.wisdomtreeprime.com or the WisdomTree Prime mobile app for more information.

WisdomTree currently has approximately $165.3 billion in assets under management globally, inclusive of assets managed by Ceres Partners, LLC as of the last reportable period.
For more information about WisdomTree, WisdomTree Connect and WisdomTree Prime, visit: https://www.wisdomtree.com.

Please visit us on X at @WisdomTreeNews.

WisdomTree® is the marketing name for WisdomTree, Inc. and its subsidiaries worldwide.

PRODUCTS AND SERVICES AVAILABLE VIA WISDOMTREE CONNECT AND WISDOMTREE PRIME:
NOT FDIC INSURED | NO BANK GUARANTEE | NOT A BANK DEPOSIT | MAY LOSE VALUE | NOT SIPC PROTECTED | NOT INSURED BY ANY GOVERNMENT AGENCY

The products and services available through WisdomTree Connect and the WisdomTree Prime app are not endorsed, indemnified or guaranteed by any regulatory agency.

Category: Business Update

View source version on businesswire.com: https://www.businesswire.com/news/home/20260626388081/en/
2026-06-26 13:59 1mo ago
2026-06-26 09:30 1mo ago
Do Options Traders Know Something About Kinsale Capital Stock We Don't?
KNSL Kinsale Capital Group
FMP Stock News
Original source text
Investors in Kinsale Capital Group (KNSL - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the July 17, 2026 $200.00 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Kinsale Capital, but what is the fundamental picture for the company? Currently, Kinsale Capital is a Zacks Rank #3 (Hold) in the Insurance - Property and Casualty Industry that ranks in the Top 38% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased his earnings estimate for the current quarter, while two have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from $5.02 per share to $4.99 per share in the same time period.

Given the way analysts feel about Kinsale Capital right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
2026-06-26 13:57 1mo ago
2026-06-26 08:00 1mo ago
Marqeta to Announce Second Quarter 2026 Results on August 4, 2026
MQ Marqeta
FMP Stock News
Original source text
Marqeta, Inc. (NASDAQ: MQ), the modern card issuing platform, today announced that it will host a conference call and webcast to discuss second quarter 2026 fi
2026-06-26 13:57 1mo ago
2026-06-26 08:00 1mo ago
Marqeta to Announce Second Quarter 2026 Results on August 4, 2026
MQ Marqeta
FMP Stock News
Original source text
-

OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, Inc. (NASDAQ: MQ), the modern card issuing platform, today announced that it will host a conference call and webcast to discuss second quarter 2026 financial results on Tuesday, August 4, 2026 at 4:30 pm ET. Hosting the call will be Mike Milotich, Chief Executive Officer, and Patti Kangwankij, Chief Financial Officer. A press release with the second quarter 2026 financial results will be issued after the market closes that same day.

The conference call will be webcast live from Marqeta’s investor relations website at https://investors.marqeta.com/. A replay will be available on the investor relations website following the call.

About Marqeta

Marqeta makes it possible for companies to build and embed financial services into their branded experience—and unlock new ways to grow their business and delight users. The Marqeta platform puts businesses in control of building financial solutions, enabling them to turn real-time data into personalized, optimized solutions for everything from consumer loyalty to capital efficiency. With compliance and security built-in, Marqeta’s platform has been proven at scale, processing nearly $400 billion in annual payments volume in 2025. Marqeta is certified to operate in more than 40 countries worldwide and counting. Visit www.marqeta.com to learn more.

More News From Marqeta, Inc.

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2026-06-26 13:55 1mo ago
2026-06-26 09:21 1mo ago
SMR or BWXT: Why One Nuclear Stock Looks More Attractive
BWXT BWX Technologies
FMP Stock News
Original source text
Nuclear stocks BWX Technologies and NuScale Power are drawing fresh investor interest, but execution, valuation and revenue visibility may separate the stronger choice.
2026-06-26 13:53 1mo ago
2026-06-26 09:05 1mo ago
NICE vs. Workiva: Which Technology Stock Is a Better Buy in 2026?
WK Workiva
FMP Stock News
Original source text
Choosing between a profitable veteran and a high-growth specialist often defines the journey for investors in NICE (NICE +1.93%) and Workiva (WK +4.12%) as they evaluate the better buy today.

NICE specializes in automating customer service through artificial intelligence, while Workiva provides a unified cloud platform for complex financial and regulatory reporting. Though they serve different corporate needs, both companies are competing for central roles in the digital transformation of modern enterprise operations.

The case for NICENICE focuses on providing AI-powered customer experience platforms that automate engagements and support contact-center operations worldwide. The company serves organizations in more than 150 countries, offering tools for digital messaging, intelligent routing, and workforce engagement to streamline how businesses interact with their clients. By integrating artificial intelligence into its core products, the company helps organizations handle high volumes of customer inquiries with less manual intervention. This strategy positions the firm as a key player among tech stocks that help businesses reduce costs through automation.

In FY 2025, revenue reached nearly $2.9 billion, representing a growth rate of approximately 7.7% over the previous year. The company reported a net income of close to $612.1 million for the same period, which is the total profit remaining after all expenses are paid. This performance resulted in a net margin of roughly 20.8%, which measures the percentage of revenue that turns into actual profit. This trend of rising net income reflects the company's ability to scale its cloud services while maintaining a disciplined approach to its spending.

As of its December 2025 balance sheet, the debt-to-equity ratio was 0.0x, meaning the company carries no debt relative to its shareholder equity. The current ratio stands at approximately 1.6x, indicating the company has $1.60 in current assets for every $1.00 in short-term liabilities. Free cash flow for FY 2025 was nearly $703.2 million, which is the cash a company generates after accounting for the money spent to maintain or expand its asset base. Note that stock-based compensation represented roughly 20.2% of operating cash flow, which inflates reported cash generation since this is a non-cash expense added back in the cash flow statement.

The case for WorkivaWorkiva provides a cloud-based platform designed for connected reporting and compliance across various workflows, including financial reporting and sustainability. The company serves over 6,600 organizations globally, including more than 85% of the Fortune 1,000, making it a standard for complex data management. However, more than 35% of its total revenue comes from customers using the platform specifically for SEC filings, which adds a layer of risk to the business. To mitigate this, the company is expanding its focus into environmental, social, and governance reporting to capture new regulatory demand.

For FY 2025, revenue hit close to $884.6 million, showing a robust growth rate of nearly 19.7% compared to the prior year. Despite this strong top-line expansion, the company reported a net loss of approximately $26.2 million for the fiscal year. This resulted in a net margin of roughly -3.0%, although this is an improvement from the deeper net losses recorded in earlier years. The focus for the company remains on capturing market share in the compliance space, even as it works toward consistent bottom-line profitability.

As of its December 2025 balance sheet, the current ratio is roughly 1.6x, suggesting a healthy ability to cover short-term financial obligations. Free cash flow for FY 2025 was approximately $138.0 million, representing the cash remaining after capital expenditures.

Risk profile comparisonNICE faces significant competition from large enterprise software providers and specialized technology firms that are also integrating generative AI into customer service tools. If the company fails to maintain its technological edge, it could see its market share erode as competitors offer lower-priced or more integrated solutions. Furthermore, as an international company, it is sensitive to fluctuations in global economic conditions that might cause large organizations to delay or reduce their spending on software upgrades. The rapid pace of innovation in artificial intelligence requires constant investment to prevent its platforms from becoming obsolete.

Workiva carries a heavy concentration risk, as over 35% of its revenue depends on customers using its platform for SEC filings, making it vulnerable to changes in financial reporting regulations. The company also faces intense competition from Microsoft and other diversified enterprise providers that may offer competing reporting tools within their existing software suites. Because it relies heavily on Amazon and its AWS infrastructure, any service disruptions or price hikes from its cloud provider could impact operations. Additionally, the company must manage complex global data privacy laws like GDPR, as a data breach involving sensitive financial information could lead to severe legal and financial penalties.

Valuation comparisonNICE currently trades at a significant discount to both Workiva and the broader tech sector based on its projected earnings and revenue multiples.

MetricNICEWorkivaSector BenchmarkForward P/E7.8x16.1x36.4xP/S ratio1.7x3.0xn/aSector benchmark uses the SPDR XLK sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.

I'd go with Workiva. NICE is a well-established, profitable business with a strong foothold in AI-powered customer experience software, and its AI annual recurring revenue is growing at an impressive clip. But the stock has had a rough stretch, weighed down by weaker-than-expected revenue guidance and analyst price target cuts. For a company of its size and maturity, that's a harder story to get excited about right now.

Workiva, meanwhile, is hitting its stride. The company just crossed the billion-dollar revenue threshold, subscription revenue is growing at a healthy rate, and management raised its full-year outlook after a strong first quarter. And its platform sits at the center of enterprise compliance and reporting. This may not be the flashiest niche, but an incredibly sticky one.

The stock has pulled back quite a bit in 2026, which makes the entry point more attractive than it's been in a while. For a patient investor, that kind of setup is worth paying attention to.
2026-06-26 13:51 1mo ago
2026-06-26 09:06 1mo ago
CHAMPIONX CORPORATION (CHX) CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action by July 14, 2026
CHX ChampionX
FMP Stock News
Original source text
Philadelphia, Pennsylvania--(Newsfile Corp. - June 26, 2026) - National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against ChampionX Corporation (NASDAQ: CHX) ("ChampionX" or the "Company") on behalf of investors who sold ChampionX common stock during the period from February 29, 2024 through April 1, 2024 (the "Class Period").

Investor Deadline: Investors who sold ChampionX common stock during the Class Period may, no later than July 14, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.

Prior to its acquisition by SLB in July 2025, ChampionX, headquartered in The Woodlands, TX, was a provider of chemistry solutions and technologies serving the global oil and gas sector.

The Complaint alleges that throughout the Class Period, ChampionX purchased Company shares at artificially depressed prices due to material non-public information. Specifically, defendants allegedly failed to disclose that: (i) ChampionX had received an unsolicited, non-public acquisition offer from SLB; (ii) ChampionX had an obligation to either disclose the offer or abstain from repurchasing its shares; and (iii) while those offers were on the table and unknown to the investing public, ChampionX was repurchasing its common stock at market prices significantly below the prices offered by SLB.

On February 29, 2024, ChampionX received an unsolicited, non-public offer from SLB to acquire all outstanding shares at $36.70 per share. On March 7, 2024, SLB raised its offer to $37.80 per share. During the Class Period, ChampionX's average stock price was $33.32 per share — significantly below the undisclosed offer prices.

On April 2, 2024, during pre-market hours, ChampionX disclosed the merger with SLB. The merger eventually closed on July 16, 2025, with SLB acquiring ChampionX for $40.58 per share.

If you are a ChampionX investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Caitlin Adorni at [email protected] or (267) 764-4865.

About Berger Montague
Berger Montague is one of the nation's preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302957

Source: Berger Montague

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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2026-06-26 13:50 1mo ago
2026-06-26 09:25 1mo ago
Uncle Sam Plugs In: Nuclear Energy's Cash Flow Moment Is Finally Here
CEG Constellation Energy
FMP Stock News
Original source text
The modern electric grid faces a severe supply problem. As automated industries and distribution hubs expand, creating massive power demands, traditional energy networks are reaching their limits. Investors who once viewed clean energy as a speculative, high-cost venture are now witnessing a structural realignment.

A powerful combination of state-backed credit and long-term corporate commitments drives this change. By looking closely at the fundamental capital stacks of these energy systems, a clear picture emerges: the financial risks that historically depressed the nuclear sector are fading. This shift is turning clean energy investments into highly visible, compounding cash flow engines.

Get Constellation Energy alerts:

How Government Backstops Protect Private EquityThe main hurdle for any nuclear project is the immense upfront capital expenditures, known as CapEx. To address this bottleneck, the U.S. Department of Energy's Office of Energy Dominance Financing recently issued a $17.5 billion conditional loan commitment under the American Nuclear Supply Chain Loans program. This program funds up to five key projects, accelerating the construction of 10 Westinghouse AP1000 reactors nationwide.

Instead of offering direct government handouts, the program relies on a co-investment structure. To access low-interest federal capital, both Westinghouse and its utility partners must establish joint-venture special-purpose vehicles, with each partner committing $500 million in upfront cash equity. This structure ensures that only highly capitalized players can participate. By matching $1 billion in private equity per project site with low-cost federal debt, the program lowers the weighted average cost of capital (WACC) for new reactors. This financial de-risking makes nuclear projects attractive to institutional funds seeking stable, long-term returns.

Cameco Powers Up Westinghouse to Capture the Supply FlowThis federal program directly benefits the nuclear supply chain, starting with fuel providers. Through its 49% ownership of Westinghouse, Cameco NYSE: CCJ gains a highly visible, multi-decade backlog of orders for reactor equipment, services, and fuel-cycle services.

Cameco Today

$103.09 -0.49 (-0.47%)

As of 09:49 AM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$68.96▼

$135.24Dividend Yield0.16%

P/E Ratio95.46

Price Target$147.42

To assess Cameco's capacity to fund its share of these joint venture equity requirements, investors can look to its exceptionally strong balance sheet. Cameco maintains a debt-to-equity ratio of 0.14 and a current ratio of 3.08. This minimal debt burden allows Cameco to meet its upfront cash commitments without diluting its equity or relying on expensive commercial loans.

While its trailing price-to-earnings ratio of 97 represents a premium valuation, this premium is supported by structural supply-side moves, including its acquisition of an increased 57.4% stake in the high-grade Cigar Lake mine and the full production restart of its McArthur River assets. These moves ensure Cameco retains strong pricing power as fuel demand accelerates.

Walmart Plugs Into Constellation Energy for PowerWhile federal loans address front-end construction risks, long-term corporate contracts are securing backend revenues. A major retail sector giant recently verified this trend. Walmart NYSE: WMT signed a historic 15-year power purchase agreement, or PPA, with Constellation Energy NASDAQ: CEG to buy 176 MW of clean electricity from the Dresden Clean Energy Center in Illinois. This agreement spans two staggered terms, beginning in 2029 and 2030, to support Walmart's automated distribution facility in Belvidere, Illinois.

Walmart Today

$117.41 +1.63 (+1.41%)

As of 09:49 AM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$94.23▼

$135.15Dividend Yield0.84%

P/E Ratio41.20

Price Target$138.85

This agreement shows that the race for secure, round-the-clock power is expanding beyond major tech firms like Microsoft NASDAQ: MSFT and into mainstream retail logistics. From a fundamental standpoint, the deal is highly efficient. It includes 30 MW of expanded capacity generated through planned uprates, which are efficiency upgrades that increase output from existing, fully licensed reactors.

This approach allows Constellation Energy to expand its power generation with minimal capital outlay, boosting its operating earnings and its current return on equity of 16.81%.

This high-return model supports Constellation Energy's impressive projections, with free cash flow expected to rise from $8.4 billion in 2026–2027 to $11.5-$13.0 billion in 2028–2029.

Separating Headline Noise From Structural Balance SheetsAny long-term energy investment faces real-world hurdles. Regulatory approvals, grid connection queues, and regional supply chain bottlenecks can still slow down reactor construction. In the near term, utility stocks have faced some downward pressure.

Constellation Energy Today

CEG

Constellation Energy

$264.27 -4.42 (-1.65%)

As of 09:49 AM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$240.51▼

$412.70Dividend Yield0.65%

P/E Ratio22.96

Price Target$370.64

For example, Constellation Energy's stock price has declined 22% year-to-date, driven by 2026 earnings guidance of $11 to $12 per share, which fell slightly below the most optimistic Wall Street projections.

In another development, a federal grand jury recently indicted engineering manager Casey Muggleston of Constellation Energy for a $1.4 million insider trading scheme related to the Three Mile Island restart.

While this creates temporary headline risk, it does not alter Constellation Energy's underlying cash flows or its long-term corporate contracts.

Investors should focus on the fundamental cash-generation power of these operating fleets rather than short-term headline volatility.

Securing Strategic Value as the Nuclear Cycle Powers UpThe structural shift in the energy sector is real, complex, and volatile. The combination of state-backed capital and long-term corporate demand is turning nuclear energy from a complex, high-cost option into a highly reliable asset class with predictable, recurring revenue streams. For long-term investors, the fundamental health of these operators and suppliers suggests that the current pullback may offer a strong entry point. Investors might consider adding these nuclear operators and fuel suppliers to their watchlists as long-term cash flow metrics continue to strengthen.

Should You Invest $1,000 in Constellation Energy Right Now?Before you consider Constellation Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Constellation Energy wasn't on the list.

While Constellation Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.

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2026-06-26 13:49 1mo ago
2026-06-26 07:39 1mo ago
How To Earn $500 A Month From Constellation Brands Stock Ahead Of Q1 Earnings
STZ Constellation Brands
FMP Stock News
Original source text
Constellation Brands, Inc. (NYSE:STZ) will release earnings for its first quarter after the closing bell on Tuesday, June 30.

Analysts expect the Rochester, New York-based company to report quarterly earnings of $3.25 per share, up from $3.22 per share in the year-ago period. The consensus estimate for Constellation’s quarterly revenue is $2.4 billion. It reported $2.52 billion last year, according to Benzinga Pro.

Ahead of quarterly earnings, JPMorgan analyst Drew Levine maintained Constellation Brands at Neutral and raised the price target from $168 to $169 on Thursday.

With the recent buzz around Constellation, some investors may be eyeing potential gains from the company’s dividends too. As of now, Constellation Brands has an annual dividend yield of 2.85%, with a quarterly dividend of $1.03 per share ($4.12 per year).  

So, how can investors leverage its dividend yield to pocket a regular $500 monthly?

To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $210,319 or around 1,456 shares. For a more modest $100 per month or $1,200 per year, you would need $42,035 or around 291 shares.

To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($4.12 in this case). So, $6,000 / $4.12 = 1,456 ($500 per month), and $1,200 / $4.12 = 291 shares ($100 per month).

Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.

How that works: The dividend yield is computed by dividing the annual dividend payment by the stock’s current price.

For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).

Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield.

STZ Price Action: Shares of Constellation Brands rose 1% to close at $144.45 on Thursday.

Photo via Shutterstock

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© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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2026-06-26 13:47 1mo ago
2026-06-26 08:25 1mo ago
DOMA PERPETUAL CAPITAL MANAGEMENT STRONGLY OPPOSES INMODE BUYOUT AS PROPOSED; PLANS TO VOTE AGAINST DEAL
INMD InMode
FMP Stock News
Original source text
DOMA Perpetual Capital Management LLC (PRNewsfoto/DOMA Perpetual) DOMA ASSERTS THAT THE $16.20 PER SHARE OFFER MATERIALLY UNDERVALUES INMODE AND ITS LONG-TERM POTENTIAL

DOMA BELIEVES THE BID EXPLOITS THE DEPRESSED VALUATIONS CREATED BY YEARS OF CEO-LED UNDERPERFORMANCE

DOMA EXPLICITLY REJECTS THE CURRENT TERMS AND URGES THE BOARD TO UPLHOLD ITS FIDUCIARY DUTIES

, /PRNewswire/ -- DOMA Perpetual Capital Management LLC, a significant stockholder of InMode Ltd. (NYSE: INMD) ("InMode"), today sent a letter to the Board of Directors of InMode (the "Board").

The letter can be downloaded here

The full text of the letter follows:

June 26, 2026

To the Board Member of InMode:

As of the date of this letter, DOMA Perpetual Capital Management LLC ("DOMA") and its affiliates beneficially own approximately 4.63% of the outstanding ordinary shares of InMode Ltd. ("InMode" or the "Company").

We are writing as a concerned shareholder regarding the recently proposed acquisition of the Company led by the Chief Executive Officer in partnership with a group of investors. The circumstances surrounding this proposal raise serious concerns about conflicts of interest, governance, the Board's fiduciary responsibilities, and the fairness of the proposed transaction.

We believe the proposal materially undervalues the Company, particularly in light of its long-term potential and intrinsic assets. It is difficult to ignore that this proposal also follows a long period of operational underperformance under the current CEO's leadership. We have previously asked the Board, in a public communication dated May 9, 2025, to replace the CEO precisely because of his sustained underperformance, and that same CEO now appears positioned to benefit from the proposed transaction.1 In our view, these circumstances warrant close scrutiny, and DOMA reserves all of its rights in connection with the proposed transaction.

We strongly believe the proposal would allow management to capitalize on a depressed valuation that developed during its own stewardship and that, in our view, management's performance helped create. Such dynamics are deeply troubling from a governance perspective.

The Board has fiduciary obligations to act in the best interests of all shareholders, not management or any specific investor group. In this context, we urge the Board to take the following actions:

Establish a fully independent special committee with no ties to management to evaluate the proposal. Retain international independent financial and legal advisors to conduct a rigorous valuation and fairness assessment. Conduct a broad and transparent market check inviting public offers to determine whether superior offers exist. Ensure that shareholders are provided with full and fair disclosure regarding the process, assumptions, and any potential conflicts of interest. Any transaction that allows insiders to acquire the Company at a price influenced by their own stewardship must be subject to the highest level of scrutiny. Failure to do so could expose the Company and the Board to significant shareholder value destruction, as well as reputational and legal risk.

Shareholders rely on the Board to uphold strong governance standards and to protect against precisely this type of conflicted transaction. I trust that you will take these responsibilities seriously and act accordingly.

At the current offer of $16.20/share DOMA does not support the proposal and intends to vote against the transaction.

Sincerely,

Pedro Escudero
CEO & CIO
DOMA Perpetual Capital Management LLC

This letter has been prepared by DOMA. The views expressed herein reflect DOMA's opinions and are based on publicly available information regarding the Company. DOMA recognizes that the Company or others may have information not available to DOMA that could lead them to disagree with DOMA's views or conclusions. DOMA reserves the right to change or modify its views, opinions, intentions, or positions at any time and for any reason, and disclaims any obligation to update or revise the information contained herein, except as may be required by applicable law.

This letter was not prepared by, and has not been endorsed by, InMode Ltd. This letter is provided for informational purposes only and is not intended to be, and should not be construed as, an offer to sell or a solicitation of an offer to buy any security, or as a recommendation to purchase or sell any security. DOMA is not currently soliciting proxies, consents, authorizations, or voting commitments with respect to any securities of the Company. One or more funds managed by DOMA currently beneficially own shares of the Company.

Certain statements in this letter may constitute forward-looking statements. These statements reflect DOMA's current views and expectations, speak only as of the date hereof, and are subject to risks, uncertainties, and assumptions that could cause actual results or developments to differ materially from those expressed or implied.

PR Newswire, May 9, 2025, DOMA Perpetual Sends Letter Urging Board of Directors of InMode Ltd. to Resume Share Repurchase Program (urging the Board, among other actions, to replace the Chief Executive Officer), https://www.prnewswire.com/news-releases/doma-perpetual-sends-letter-urging-board-of-directors-of-inmode-ltd-to-resume-share-repurchase-program-302451097.html SOURCE DOMA Perpetual