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Recently, investors appeared to initiate a sell-off of Alphabet (GOOGL +0.58%) (GOOG +0.21%) after reports surfaced that the company's release of its Gemini 3.5 Pro model -- which was announced back in May -- is delayed.

Alphabet stock is barely beating the S&P 500 year to date, and the knee-jerk reaction by some shareholders reveals that some investors don't quite understand how much ground the company has gained in such a short time.

Specifically, the 900 million monthly Gemini users the company now has.

Image source: The Motley Fool.

Gemini users more than doubled to 900 million in less than one year Understandably, investors are disappointed that the latest Gemini models haven't been released yet, especially considering that Google Gemini isn't as capable at important AI tasks like coding as its rivals, Claude and ChatGPT.

The company is reportedly still testing Gemini 3.5 Pro and doesn't believe it's ready for prime time just yet. Both consumers and investors have grown accustomed to the steady release of new, more capable AI models and don't like to see models delayed.

But it's worth pointing out that Alphabet has more than doubled its Gemini users in just one year, reaching 900 million monthly users in May, and the company is making huge strides to set itself apart from rivals.

For one, it has achieved those impressive user gains because Alphabet's software and services are everywhere. Billions of people use its Search function, AI Mode searches, YouTube, Android mobile operating system, and Google Workspace, all of which implement Gemini in some form.

OpenAI and Anthropic don't have the same reach across so many services, and they helped Alphabet turn users of these services into Gemini users. I think this could be a long-term advantage for Alphabet as the company packages Gemini as part of its broader software subscriptions.

And there's already evidence that Alphabet is successful at turning artificial intelligence (AI) users into paying customers. The company generated $1.2 billion in sales from Gemini last year.

What's more, Apple is using Gemini as the underlying AI model for the new Siri AI, making a chief competitor one of its biggest Gemini customers. Apple will reportedly pay Alphabet $1 billion annually to use Gemini.

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Alphabet's got a new AI chip up its sleeve In addition to the massive progress Alphabet has made with its Gemini user growth and AI sales, news of a brand-new Alphabet processor recently broke, and it could make its AI several times more efficient than before.

Reporting from The Information says Alphabet is designing a chip called Frozen v2 that incorporates some of its Gemini architecture directly onto the processor, providing six to 10 times more AI tokens used per unit of power than the company's current Tensor Processing Unit (TPU) processors. In short, the Frozen processor could make Gemini processing far more efficient.

The chip isn't expected to launch until 2028, but it's another indication of how much effort Alphabet is putting into staying competitive in AI processors.

Knee-jerk reactions aren't the way to play the AI boom Alphabet has made massive gains in Gemini users, rapidly expanded AI sales, and continues to invest in new AI hardware to gain an advantage over its competitors.

Given the progress it's made so far, I think investors shouldn't give up on Alphabet so easily. AI software and services will evolve over time, and even big tech companies like Alphabet need time to adapt to a shifting market.

Adding to the appeal of Alphabet stock is the fact that its shares are relatively cheap right now. Alphabet stock has a trailing price-to-earnings (P/E) ratio of just 26  compared to the tech sector average of 40, suggesting now could be a good time to buy some Alphabet shares as the company expands its AI position.

Zillow Deadline: Z, ZG Investors Have Opportunity to Lead Zillow Group, Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm

Shares of RingCentral (RNG +25.09%) surged this past week after the cloud communications software provider announced strong gains in free cash flow and boosted its dividend.

Image source: Getty Images.

AI-fueled growth RingCentral's revenue rose 5.9% year over year to $657 million in the second quarter.

The business messaging specialist has positioned itself to be a leader in artificial intelligence (AI)–powered customer engagement solutions. It offers phone, text, and video messaging tools, as well as contact center support. RingCentral's AI agents can automate calls, provide real-time assistance, and deliver a more personalized customer experience.

Sales of these AI tools doubled over the past year and now account for 13% of RingCentral's annual recurring revenue.

"Powered by our global voice network, rich customer interaction data, and ability to orchestrate AI and human agents, RingCentral is uniquely positioned to lead the future of customer engagement," CEO Vlad Shmunis said.

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Better still, RingCentral is growing more profitable as it integrates AI throughout its organization. Its adjusted operating margin improved to 23.4% from 22.5% in the year-ago quarter. That contributed to a 15% jump in adjusted earnings per share to $1.22.

RingCentral, in turn, is becoming a cash-generating machine. The company's operating and free cash flow climbed 23.3% and 24.8%, respectively, to $206 million and $180 million. That amounted to an impressive free cash flow margin of 27.4%.

This robust cash generation enabled RingCentral to boost its recently initiated quarterly dividend by 67% to $0.125 per share.

Raised guidance These encouraging results also prompted RingCentral to lift its full-year financial forecast. Management now expects adjusted earnings per share of $4.96 to $5.10 and free cash flow of $615 million to $625 million in 2026.

"RingCentral is in a unique position, with a strong recurring core business, a widening moat, increasing momentum from AI-led products, and a financial profile that continues to strengthen," chief financial officer Vaibhav Agarwal said.

Tesla (TSLA -2.14%) has continued its habit of providing overly optimistic forecasts, and investors are realizing that the company's prospects may not be as good as they say.

*Stock prices used were the afternoon prices of July 22, 2026. The video was published on July 24, 2026.

Parkev Tatevosian, CFA has the following options: long December 2026 $320 puts on Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Amazon: Sustaining Broad Revenue ScaleAmazon (AMZN -0.70%) primarily generates revenue by selling diverse consumer goods online, operating physical retail stores, and providing cloud computing solutions to global enterprise clients.

It introduced Amazon Supply Chain Services to open its internal logistics network to third-party businesses in May 2026, and it reported a 17% net income margin for the quarter ended March 31, 2026.

Booking: Navigating Cyclical Travel RevenueBooking (BKNG +2.68%) mainly earns revenue by facilitating online travel accommodations, flight bookings, car rentals, and restaurant reservations across its multiple digital platforms for individual consumers.

It integrated new artificial intelligence booking tools into its platforms in mid-2026 while simultaneously managing workforce reductions, and it generated a 23% EBIT margin for the quarter ended March 31, 2026.

Why Revenue Matters for Retail InvestorsRevenue represents the total amount of money a company brings in from selling its goods or services before any expenses are deducted, and it matters because it serves as the foundational indicator of customer demand and overall business growth.

Quarterly Revenue for Amazon and BookingQuarter (Period End)Amazon RevenueBooking RevenueQ2 2024 (June 2024)$148.0 billion$5.9 billionQ3 2024 (Sept. 2024)$158.9 billion$8.0 billionQ4 2024 (Dec. 2024)$187.8 billion$5.5 billionQ1 2025 (March 2025)$155.7 billion$4.8 billionQ2 2025 (June 2025)$167.7 billion$6.8 billionQ3 2025 (Sept. 2025)$180.2 billion$9.0 billionQ4 2025 (Dec. 2025)$213.4 billion$6.3 billionQ1 2026 (March 2026)$181.5 billion$5.5 billionData source: Company filings. Data as of July 24, 2026.

Foolish TakeExamining the revenue trends for Amazon and Booking Holdings reveal the quirks in their businesses. The fourth quarter is the largest in terms of sales for the former, thanks to the winter holiday shopping season, while the latter sees its biggest revenue quarter during the summer travel time.

Both are seeing a trend of strong sales expansion. Amazon’s $181.5 billion in its most recent quarter was a 17% year-over-year increase. Booking’s $5.5 billion represented 16% year-over-year growth.

While revenue trends indicate healthy businesses, Booking warned the U.S. conflict with Iran is expected to hurt sales just as the 2026 travel season is ramping up. This caused the company’s stock to drop to a 52-week low of $150.14 in May. The dip creates a buy opportunity.

Amazon’s share price fell from its 52-week high of $278.56 reached in May due to its massive capital expenditures to provide the tech infrastructure needed to grow its artificial intelligence business. Its spending caused Q1 free cash flow to plunge 95% year over year, but the expense is helping to fuel its AWS cloud computing division’s revenue growth, which rose 28% year over year in Q1. Its share price drop also presents investors with an opportunity to pick up shares.

I think the primary reason people are talking about Netflix (NFLX +1.73%) is because of the price crash.

*Stock prices used were the afternoon prices of July 22, 2026. The video was published on July 24, 2026.

Parkev Tatevosian, CFA has positions in Netflix. The Motley Fool has positions in and recommends Netflix. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

A stunning one‑day plunge has put IBM (IBM +3.60%) under the microscope, spotlighting mainframe softness, software timing, and its AI ambitions. Watch the video below to see what this stumble could mean for long‑term investors.

*This video was published on Jul. 23, 2026.

Andy Cross has no position in any of the stocks mentioned. Asit Sharma, CPA has no position in any of the stocks mentioned. Jason Hall has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends International Business Machines. The Motley Fool has a disclosure policy.

On Thursday, the Department of Defense awarded Oracle (ORCL -4.27%) a consolidated software agreement covering the entire U.S. military, the Coast Guard, and the intelligence community. The initial award is worth $3.31 billion over five years, and a second five-year option, if exercised, would carry the total to $6.99 billion.

On Friday, the stock fell 4.2%. Shares closed at $114.99 -- 24 cents above the 52-week low of $114.75 they had touched earlier in the same session.

A contract that size usually buys a company at least a good day. This one didn't buy an hour.

And the reason isn't that investors missed the announcement. It's that they have stopped pricing Oracle on the contracts it wins and started pricing it on what winning them costs. I think that shift is the most important thing to understand about this stock right now.

Image source: The Motley Fool.

What the Pentagon actually agreed to The agreement is unusual in scope. Negotiated by the Department of the Navy under the Department of Defense's Enterprise Software Initiative, it is the first direct award covering the department's on-premises Oracle usage. It folds what had been a scatter of separate purchases across the services into a single contract, spanning perpetual and subscription licenses, maintenance, consulting, and software-as-a-service.

The department expects the consolidation to save taxpayers at least $441 million.

Which points at the part that matters for shareholders. Consolidating purchases is not the same as adding them. The Pentagon was already buying this software, and what changed is how it buys it -- fewer contracts, better visibility into the spending, and a smaller bill.

Considering the award against the context of the company, Friday's shrug makes more sense. A $6.99 billion ceiling spread across ten years works out to about $700 million a year. Oracle's fiscal 2026 revenue was $67.4 billion.

So even at the ceiling, the award is worth about 1% of a single year's sales. Of course, a ceiling is the best case and not the plan, so the actual figure is likely smaller.

Further, Oracle spent $55.7 billion on capital expenditures in fiscal 2026. The entire 10-year contract ceiling comes to about an eighth of what the company spent on data centers in twelve months.

What the market is pricing instead It's not surprising that Oracle investors are skittish. Its capital spending figure is up 162% year over year, from about $21 billion in fiscal 2025.

Sure, Oracle's operating cash flow rose to a record $32 billion in fiscal 2026 (the year ended May 31, 2026). But the build-out consumed all of it and then some, leaving free cash flow for the year at negative $23.7 billion.

And the financing bill has followed. S&P Global Ratings cut Oracle's credit rating to BBB- this month, one notch above junk status.

Even more, the company has said it expects to raise about $40 billion through debt and equity this fiscal year, including a share sale of about $20 billion that would dilute existing holders.

But demand has never been the problem here. Fiscal 2026 revenue rose 17% year over year to $67.4 billion, and revenue in the fiscal fourth quarter climbed 21% year over year -- so growth accelerated through the year instead of fading.

Remaining performance obligations, or Oracle's signed contract value that hasn't yet become revenue, finished fiscal 2026 at $638 billion after climbing $85 billion in the fiscal fourth quarter alone. Management has guided for about $90 billion of revenue this fiscal year, growth of about 34%, and for $8.05 in non-GAAP (adjusted) earnings per share.

At $114.99, that puts the stock at about 14 times the earnings management says it will produce this year. Against the 52-week high of $345.72, that same guidance implied more than 40 times. The market has cut what it will pay for Oracle's earnings by roughly two-thirds in a year, while the earnings themselves kept climbing.

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Which is why I'd argue the Pentagon award changed very little. Against $638 billion of backlog, $7 billion of ceiling over a decade barely registers.

What would get me to consider buying Oracle stock isn't a bigger contract. It's the financing.

A company that plans to sell about $20 billion of stock, at $115 a share after those shares traded at $345, is not negotiating from strength. So I'd rather own it once that sale is behind it than in front of it. And if Oracle gets the raise done without another leg down, and capital spending flattens while cloud revenue keeps compounding, then 14 times guided earnings could look like an obvious mistake in hindsight.

Still, there are too many red flags for me to consider buying the stock here.

ServiceNow (NOW +7.38%) reported mixed results in its latest investor update.

*Stock prices used were the afternoon prices of July 22, 2026. The video was published on July 24, 2026.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ServiceNow. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

The Trade Desk (TTD +2.98%) stock is down significantly from its all-time high.

*Stock prices used were the afternoon prices of July 23, 2026. The video was published on July 25, 2026.

Parkev Tatevosian, CFA has positions in The Trade Desk. The Motley Fool has positions in and recommends The Trade Desk. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Monday.com, the Tel Aviv-based work management software company known for its colorful, customizable project-tracking boards, this week became the latest tech company to cite AI as a factor in job cuts. On Wednesday, the company said in an SEC filing that it will lay off about 20% of its workforce, or just over 600 employees, as part of a “restructuring plan” tied to its “ongoing transformation of its product, marketing, and go-to-market strategy” in support of “a leaner, more focused operating model” as it continues investing in its “AI-driven growth strategy.”

Co-founder Eran Zinman told employees in a LinkedIn memo that the move “was not made to reduce costs or replace people with AI,” positioning it instead as adapting the organization to a new AI-first vision the company laid out roughly a year ago when it rebranded around a platform-wide AI push. Monday.com, which has two offices in the U.S., expects $45 million to $55 million in net restructuring charges but still projects up to 20% year-over-year revenue growth for 2026.

So far, according to new Financial Times analysis, U.S. tech companies have slashed nearly 140,000 jobs since the start of this year, with Amazon, Oracle, Meta, and Microsoft alone accounting for almost 50,000 of those cuts as they funnel hundreds of billions of dollars into AI data center buildouts. Interestingly, the FT also found that companies citing AI as a factor in job cuts have underperformed the Nasdaq by almost 10% in the 30 trading days following their announcements, suggesting the market doesn’t entirely buy the stories that the companies are telling.

Still, the picture isn’t uniformly bleak. The FT notes that AI-focused companies like Anthropic and OpenAI are hiring rapidly, absorbing some of the talent shed elsewhere in the industry. And within some of the very companies making cuts, headcount is shifting rather than disappearing entirely. Meta, for instance, earlier this year moved roughly 7,000 employees into new AI-focused roles even as it laid off 8,000 others, and IBM says it’s tripling entry-level hiring for AI and hybrid-cloud roles alongside recent cuts.

Below is a running look — in reverse chronological order — at the bigger tech companies that have announced significant layoffs this year with AI as a stated factor.

Microsoft — July 9, 2026. Microsoft cut about 4,800 roles, or 2.1% of its global workforce, most of them in its Xbox gaming unit, resetting the business only three years after acquiring Activision Blizzard for $75 billion, per the FT. Separately, it offered buyouts structured as voluntary separations, without disclosing how many employees these would impact. The company said the role eliminations were “not being replaced by AI” but acknowledged “AI is changing how work gets done.” CFO Amy Hood said total headcount declined year-over-year in fiscal Q3, and was expected to keep declining as the company focuses on “building high-performing teams that operate with pace and agility” amid rising AI investment.

Oracle — June 22, 2026. Oracle disclosed in late June that it had reduced its workforce by 21,000 employees over the past 12 months, a decline of 13%, which means more cuts than was previously known, including because of AI. “The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,” the company said in an annual financial regulatory filing.

GitLab — June 3, 2026. GitLab laid off roughly 350 workers, about 14% of its staff, to fund AI infrastructure investment and handle surging traffic from AI workflows. CEO Bill Staples said agentic workloads are “pushing competitors to the brink” and that the company had begun a “generational rebuild” of its core infrastructure to support what he called 100x growth requirements. GitLab is exiting 22 countries, flattening management layers, and partnering with an unspecified AI lab to rebuild its platform for agent-scale workloads. The company reported first-quarter revenue of $264 million, up 23% year-over-year, and expects to incur $30 to $35 million in restructuring costs.

Google — ongoing through May. Alphabet’s Google has quietly cut employees across its Cloud division, including its Threat Intelligence Group and Mandiant-linked cybersecurity staff, even as Cloud revenue grew 63% to exceed $20 billion for the first time and its backlog nearly doubled to over $460 billion. Over the past year, Google has cut more than a third of the managers overseeing small teams — 35% fewer managers with fewer direct reports. Unlike most companies on this list, Google has never announced a single overall number — the cuts have come through a rolling performance review process, a voluntary buyout program, and structural reorganizations, with outside estimates putting the 2026 total at between 1,500 and 3,000+ engineers.

Intuit — May 20, 2026. Intuit announced plans to eliminate roughly 3,000 jobs — about 17% of its total workforce — in a restructuring centered on reducing complexity and reallocating resources toward AI. CEO Sasan Goodarzi reportedly told staff the company is reducing complexity and simplifying the structure so it can deliver better products.

Meta — May 20-21, 2026. Meta laid off about 8,000 employees, roughly 10% of its workforce, while moving about 7,000 employees into new AI-focused roles (that they reportedly hate). CEO Mark Zuckerberg told staff the cuts were necessary because “success isn’t a given” in AI.

Cisco — May 14, 2026. Cisco announced it’s cutting nearly 4,000 jobs, about 5% of its workforce, despite reporting better-than-expected profit and revenue. CFO Mark Patterson said: “This was really not a savings-driven restructure… this is more [about] realigning … resources around silicon, optics, security and AI.”

Cloudflare — May 7-8, 2026. Cloudflare cut about 20% of its workforce (1,100 people), reporting quarterly revenue of $639.8 million, up 34% year-over-year and the highest single quarter in company history. CEO Matthew Prince wrote that “the vast majority of those we laid off last week were measurers” — middle management, finance, legal, internal auditing, and revenue recognition.

General Motors — May 12, 2026. GM eliminated 500 to 600 jobs, largely in IT roles in Austin, Texas, and Warren, Michigan, saying it was reevaluating its workforce needs amid uncertain market conditions. A person familiar with the cuts told CNBC that AI played a role in the decision but that it wasn’t the only reason. GM’s statement said it was “transforming its Information Technology organization to better position the company for the future.” Despite the cuts, the company still had roughly 80 open IT positions, including roles in AI, motorsports, and autonomous vehicles.

Coinbase — May 5, 2026. The crypto exchange said it was cutting about 700 employees, or 14% of its staff, as part of a restructuring aimed at addressing market volatility and increasing AI efficiency. The company flattened its organizational structure to five layers below the CEO and COO, and said it would experiment with “one-person teams” combining engineering, design, and product roles. CEO Brian Armstrong wrote that AI had changed the pace of work dramatically — “engineers use AI to ship in days what used to take a team weeks” — and that the company needed to “leverage AI across every facet of our jobs.”

PayPal — May 5, 2026. PayPal announced plans to cut around 20% of its workforce over the next two to three years — north of 4,500 jobs — as part of a turnaround strategy centered on AI adoption and organizational simplification. CEO Enrique Lores told investors the company would “aggressively adopt AI” in its development processes and formed a new “AI transformation and simplification” team reporting directly to him, tasked with redesigning the company’s processes “function by function.” Lores framed the cuts as removing organizational layers, and said AI would extend well beyond coding into customer service, support operations, and risk management.

Microsoft — April-May 2026. Microsoft offered buyouts structured as voluntary separations, without disclosing how many employees these would impact. CFO Amy Hood said total headcount declined year-over-year in fiscal Q3, and is expected to keep declining as the company focuses on “building high-performing teams that operate with pace and agility” amid rising AI investment.

Snap — April 16, 2026. Snap cut roughly 16% of its global workforce — about 1,000 full-time employees — and closed more than 300 open roles, with CEO Evan Spiegel citing AI advancements as a key driver. “Rapid advancements in artificial intelligence enable our teams to reduce repetitive work, increase velocity, and better support our community, partners, and advertisers,” Spiegel wrote in a memo filed with the SEC. The company said it had already seen small squads using AI tools to drive progress across Snapchat+, ad platform performance, and infrastructure efficiency.

IBM — rolling through 2026. Between Q4 2025 cuts and April 2026 Red Hat engineering reductions, estimates range from 3,000 to 9,000 U.S. positions eliminated, bringing IBM’s cumulative total since September 2024 above 15,000. Bloomberg reported IBM plans to triple its U.S. entry-level hiring for AI and hybrid-cloud roles, even as roughly 200 HR positions were replaced by AI agents. An IBM spokesperson described the Q4 2025 round as a routine rebalancing affecting “a low single-digit percentage” of its global workforce.

Atlassian — March 11, 2026. Atlassian cut about 1,600 jobs (10% of its workforce) to “rebalance” toward AI and enterprise sales, even as shares rose nearly 2% on the news. CEO Mike Cannon-Brookes said: “Our approach is not ‘AI replaces people.’ But it would be disingenuous to pretend AI doesn’t change the mix of skills we need or the number of roles required in certain areas. It does.”

Dell — January 30 (though disclosed in March 2026). Dell’s total workforce fell about 10% in fiscal 2026 — roughly 11,000 jobs — to about 97,000 employees from 108,000 a year earlier, with $569 million spent on severance. The cuts came as Dell projected its AI-optimized server revenue could double in fiscal 2027.

Oracle — March 5-31, 2026. As noted above, Oracle began telling employees it would be cutting thousands of jobs via terminal emails. The cuts came even as Oracle posted $3.7 billion in quarterly net income, up 27% year-over-year, with remaining performance obligations up 325% to $553 billion — savings redirected toward AI data centers. The cuts that would later total 21,000 over 12 months, as Oracle disclosed in its June 22 annual filing.

Block — February 26-27, 2026. Jack Dorsey’s Block cut 4,000 jobs — nearly half its workforce, down to under 6,000 from over 10,000. Dorsey wrote on X: “We’re already seeing that the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company.” He added: “I think most companies are late. Within the next year, I believe the majority of companies will reach the same conclusion and make similar structural changes.”

Salesforce — February 10, 2026. Salesforce laid off fewer than 1,000 employees across marketing, product management, data analytics, and its Agentforce AI unit. The company told Fortune, “Because of the benefits and efficiencies of Agentforce, we’ve seen the number of support cases we handle decline and we no longer need to actively backfill support engineer roles.” This followed an earlier cut of about 4,000 customer-support roles, shrinking that team from roughly 9,000 to 5,000, with CEO Marc Benioff saying the company needed “less heads” because AI agents handle the work.

Amazon — January 28, 2026. Amazon cut 16,000 corporate jobs, following 14,000 cuts in October 2025 — about 9% of its corporate workforce in three months. The company said it was part of “strengthen[ing] our organization by reducing layers, increasing ownership, and removing bureaucracy.” CEO Andy Jassy had said in June 2025 that, “As we roll out more generative AI and agents, it should change the way our work is done. We will need fewer people doing some of the jobs that are being done today… in the next few years, we expect that this will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company.”

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SAN FRANCISCO, July 25, 2026 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro LLP alerts investors in Verra Mobility Corporation (NASDAQ: VRRM) that a securities fraud class action lawsuit has been filed, and the firm has broadened its ongoing investigation into the company following an abrupt leadership transition. Investors suffering substantial losses are encouraged to contact the firm now.

Key VRRM Class Action Case Details

Class Period: Feb. 24, 2026 – May 26, 2026Lead Plaintiff Deadline: Aug. 4, 2026Contact Hagens Berman to discuss your rights, evaluate recovery options, or seek appointment as lead plaintiff: [email protected] 
844-916-0895              
www.hbsslaw.com/investor-fraud/vrrm Core Allegations in Verra Mobility Lawsuit

The lawsuit alleges that Verra and certain executives made materially false and misleading statements and concealed critical adverse facts regarding the true state of the company's relationship with Avis Budget Group. Defendants allegedly downplayed the risk of major rental car customers replacing Verra’s services with in-house or outsourced alternatives and misrepresented the likelihood of securing an Avis contract renewal.

Alleged Corrective Disclosure and Market Reaction

DateCorrective EventStock Price ImpactMay 26 – 27, 2026Verra discloses the sudden Avis contract termination notice, slashes its 2026 outlook, announces operational restructuring, and initiates an internal review of negotiations-71.0% single-day crash(Plummeting from $13.08 to close at $3.85 on May 27, wiping out roughly $1.4 billion in market cap)

    View our latest video summary of the allegations: youtu.be/FVEw5XACoGA

Hagens Berman’s Expanded Investigation

In addition to investigating the lawsuit’s claims that Verra misled investors about the stability of key revenue streams and contract negotiations, Hagens Berman’s expanded investigation also focuses on the sudden June 1, 2026 departure of long-time CEO David Roberts—ending a 12-year tenure—and whether this leadership vacuum is causally linked to the catastrophic loss of the Avis contract and subsequent disclosures.

“Our investigation is focused on the extent to which and when Verra and its executives knew that renegotiations with Avis were far from constructive, as the May 26 surprise reveals,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

What Affected VRRM Investors Can Do

If you purchased or acquired Verra Mobility common stock between February 24, 2026, and May 26, 2026, and suffered losses, you have until August 4, 2026, to ask the court to appoint you as lead plaintiff.

To learn more about your legal options, or if you have knowledge that will assist the firm’s investigation, submit your information to Hagens Berman.

If you’d like more information and answers to other frequently asked questions about the Verra case and the firm’s investigation, read more.

Whistleblowers: Persons with non-public information regarding Verra should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

Contact:
Reed Kathrein, 844-916-0895

, /PRNewswire/ -- 

Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of Planet Fitness, Inc. (NYSE: PLNT) between November 6, 2025 and May 6, 2026, inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 14, 2026.

So What: If you purchased Planet Fitness common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Planet Fitness class action, go to https://rosenlegal.com/cases/planet-fitness-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 14, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or concealed material adverse facts concerning the true state of Planet Fitness' customer acquisition and marketing metrics. Notably, Planet Fitness' updated marketing messaging was failing to resonate with, and was actively intimidating, its core target demographic of fitness beginners and casual gym-goers. As a result, Planet Fitness was experiencing a significant headwind in net member joins during its peak first-quarter sign-up period that rendered its previously issued fiscal 2026 guidance and long term financial targets unachievable. Instead, Planet Fitness would be required to restructure its marketing strategy, losing the gains they praised from continuing the same marketing campaign, and entirely halt the planned Black Card price increase which sale projections were premised upon. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Planet Fitness class action, go to https://rosenlegal.com/cases/planet-fitness-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

Three companies dominate the conversation about artificial intelligence (AI) chips: Nvidia (NVDA -1.01%), Advanced Micro Devices (AMD -3.54%), and Intel (INTC -8.02%). But dominating the conversation and winning the race are two different things. So which one actually came out ahead in the first half of 2026? The answer depends on how you keep score.

Image source: Getty Images.

Nvidia won the business By the measure that matters most, market dominance, it was not close. Nvidia still controls somewhere between 80% and 90% of the AI data center graphics processing unit (GPU) market. Its data center segment alone generated roughly $194 billion over its most recent fiscal year, more than 11 times AMD's entire data center business, and its new Vera Rubin platform has ramped into full production with demand visibility stretching into the trillions of dollars. When it comes to actually selling the chips that train and run AI, Nvidia is not just winning, it is lapping the field.

The one place Nvidia did not win was the stock chart. Shares rose only modestly in the first half because expectations were already so high that even spectacular results struggled to push the stock higher.

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AMD won the momentum If Nvidia won the business, AMD won the hearts of investors. Its stock was a strong performer to competitors by a wide margin, climbing triple digits as Wall Street warmed to its AI story. The results backed it up: record data center revenue, up 57% from a year earlier, and a next-generation MI400 chip lineup with its Helios server racks arriving later this year. Most striking, AMD landed enormous multiyear commitments from OpenAI and Meta Platforms -- deals that give it real revenue visibility.

AMD still holds only a mid-single-digit slice of the AI GPU market, so it is nowhere near dethroning Nvidia. But it is the clear and fast-rising No. 2, and for shareholders, it delivered the best returns of the group.

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Intel did not really show up -- but its stock did Then there is Intel, which spent the first half fighting a different battle entirely. Its Gaudi AI accelerators never gained traction, with the company itself conceding they would not generate meaningful revenue, and its release schedule has been anything but steady.

On the AI accelerator front, Intel is essentially absent from the war, and its next-generation data center AI chip is not expected until well into 2027. Yet, remarkably, Intel has been the best-performing stock of the three this year, soaring around 340%. Here is the twist: That surge has almost nothing to do with AI chips.

It reflects investor excitement over its foundry turnaround and a wave of outside backing as Intel tries to become a contract manufacturer for others. Intel is being richly rewarded for a fight taking place well outside the AI silicon race.

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So which company actually won? Or which one lost? Here is how I score it. Nvidia won the race -- at least the race that counts because it still owns the AI chip market and prints staggering profits doing it. AMD won one of the battles for investor returns and momentum, cementing itself as the ascendant challenger with a credible product roadmap and marquee customers. Intel lost the AI chip race outright even as it plays a longer game elsewhere.

If "winning" means dominance and cash, the crown stays firmly on Nvidia. If it means which company rewarded shareholders and gained the most ground, AMD took the first half. Either way, the AI chip race has become a two-horse contest, with Intel watching from the sidelines.

For most investors, this reduces to a simple framework. Nvidia remains the king and the lower-risk way to own AI silicon, with dominance that is proving remarkably durable. AMD is the higher-upside challenger that just delivered the best returns of the trio and has genuine momentum, though it trades on big expectations of its own.

Intel requires a completely different thesis built on a foundry turnaround, not AI chips. My honest read is that the smart money in the first half rode AMD's momentum and Nvidia's dominance, and I would keep watching those two rather than waiting on Intel to catch up.

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A 67-year-old aiming for $4,800 a month in dividend income is targeting $57,600 a year. That figure roughly mirrors what a comfortable, non-luxury retirement costs once Social Security and any pension income are stacked on top. It can be done through dividends alone. The real question is how much capital each yield tier demands, and what a retiree gives up to shrink that number.

Three funds anchor this discussion because they occupy distinct rungs of the income ladder: Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) for compounding dividend growth, Realty Income (NYSE:O | O Price Prediction) for monthly cash flow, and JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) for premium covered-call yield.

The Conservative Rung: SCHD at Roughly 3% SCHD paid $1.048 over the trailing 12 months against a current share price of $33, putting its trailing yield near 3.2%. The fund holds a diversified sleeve of quality dividend payers: Bristol-Myers Squibb, Merck, ConocoPhillips, Lockheed Martin, Chevron, Verizon, AbbVie, Cisco, Coca-Cola, and Altria lead the roster, each near 4% of assets. The expense ratio is 0.06%, so fee drag is negligible.

To generate $57,600 at a 3.2% yield, a retiree needs roughly $1.8 million. That is the biggest capital ask on the page. It is also the tier where the paycheck grows. SCHD has meaningfully increased distributions over the past decade, and the fund’s price is up 221% over ten years. The retiree buys future raises with a lower starting yield.

The Middle Rung: Realty Income at About 5% Realty Income currently trades near $65 with an annualized dividend of $3.252 per share, a yield close to 5%. The monthly cadence is the reason it earns space in a retiree portfolio: the latest $0.271 payment hits accounts on August 14, 2026, and another follows every month. Realty Income has now declared 670 consecutive monthly dividends, and Q1 2026 AFFO per share rose 7% year over year to $1.13 with portfolio occupancy at 99%.

At 5%, replacing $57,600 requires about $1.15 million. The tradeoff is interest-rate sensitivity. The 10-year Treasury sits at 4.7% and the 30-year at 5.2%, which pressures REIT valuations even when the underlying rents keep growing.

The High-Yield Rung: JEPQ Near 11% JEPQ paid $6.26 over the trailing 12 months, and the most recent distribution was $0.63658 on shares priced near $59. That is a trailing yield in the 10% to 11% range. The expense ratio is 0.35%, and the strategy sells calls on Nasdaq-100 exposure to convert equity upside into current cash.

At 10%, $57,600 requires roughly $576,000 in capital. That is the smallest number on the page, and the reason retirees are drawn to covered-call funds. Monthly distributions swing widely (from $0.44 to $0.64 in recent months), and the fund caps participation in rallies. JEPQ has still delivered a 21% total return over the past year, but in a strong bull market the NAV lags an unhedged Nasdaq basket.

Capital Required at Each Yield Yield Representative Holding Capital for $57,600 3.2% SCHD ~$1.80M 5.0% Realty Income ~$1.15M 7.0% Blended equity income ~$823K 10.7% JEPQ ~$538K Why the Lowest Yield Often Wins A 3.2% yield that grows 8% a year doubles the paycheck in about nine years. An 11% yield that stays flat, or drifts down as NAV erodes, does not. A retiree living off SCHD in 2016 has watched both the share price and the distribution climb; a retiree who anchored to a static 10% payer often watches principal shrink. The barbell answer, blending SCHD’s growth engine, Realty Income’s monthly cadence, and JEPQ’s yield boost, is what actually funds $4,800 a month without either overpaying for safety or overreaching for headline yield.

Three Moves Before Committing Capital Price the actual spending rather than the salary figure. A 67-year-old on Medicare with a paid-off home often needs to replace $40,000 to $50,000, not $57,600, which changes the tier math dramatically. Compare 10-year total returns on SCHD versus JEPQ using an equal starting dollar amount to see how much dividend growth adds versus a static high yield. SCHD’s 221% ten-year return is the reference point. Model the tax hit. JEPQ distributions are largely ordinary income, Realty Income pays non-qualified REIT dividends, and SCHD’s are mostly qualified. In a taxable account, the after-tax paycheck can differ by thousands even when the pre-tax numbers match. Contact [email protected] for any questions or corrections.

NEW YORK, July 25, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Roblox Corporation (NYSE: RBLX) between October 31, 2024 and April 30, 2026, inclusive (the “Class Period”), of the important August 7, 2026 lead plaintiff deadline. SO WHAT: If you purchased Roblox common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

NEW YORK, /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of PennyMac Financial Services, Inc. (NYSE: PFSI) resulting from allegations that PennyMac may have issued materially misleading business information to the investing public.

So What: If you purchased PennyMac securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=51887 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

What is this about: On January 29, 2026, PennyMac filed a Current Report with the Securities Exchange Commission on Form 8-K announcing PennyMac's fourth quarter and full-year 2025 financial results. The report stated that PennyMac's "servicing segment pretax income was $37.3 million, down from $157.4 million in the prior quarter and $87.3 million in the fourth quarter of 2024," as well as "[retax income excluding valuation-related items was $47.8 million, down 70 percent from the prior quarter driven primarily by increased realization of mortgage servicing rights (MSR) cash flows as lower mortgage rates drove higher prepayment activity."

On this news, PennyMac's stock price fell $49.78 per share, or 33.3%, to close at $99.92 per share on January 30, 2026.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

Nuclear energy stocks have gone through a boom and bust over the last 12 months. NuScale Power (SMR -8.17%) is a prime example of this stock market trend, with shares rising 500% at one point in the past three years before violently falling back to earth.

In 2026, this trend has continued. NuScale Power's stock is down 38% this year. And yet, there is still a need for massive amounts of new electric power for future artificial intelligence (AI) data centers, which nuclear power is well positioned to provide.

Where could that lead NuScale Power shares five years from now?

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Small nuclear reactors for AI data centers By now, many readers are aware of the electricity needs for the upcoming AI data center investments. You may be well aware of them when looking at your current electric bills. This has not only become an economic issue but also a political one, in which government agencies, large and small, are trying to pass rules requiring AI infrastructure providers to pay for exclusive power agreements to avoid overly burdening residential electric bills.

Small modular nuclear reactors (SMRs) are theoretically a perfect solution for this problem, and NuScale Power has the only design approved by the Nuclear Regulatory Commission (NRC). Because of this, the company has partnered with ENTRA1 Energy as its commercial partner to develop power plants for these small nuclear reactors.

After this tie-up, the Tennessee Valley Authority committed to buying 6 gigawatts of power utilizing NuScale's SMR technology, which could mean a boom in future demand. However, as of the summer of 2026, NuScale Power has never built a nuclear reactor, even though its designs were approved years ago.

Image source: Getty Images.

Where will NuScale stock be five years from now? While there is a lot of excitement about providing electricity for the AI revolution in the next few years, NuScale Power's development timeline with ENTRA1 Energy is much longer. Its projects with the Tennessee Valley Authority, Poland, and Romania will not generate revenue until 2030, assuming no further delays. This is going to miss the meat of the AI data center build-out, which is why the boom is primarily being supplied by natural gas.

Right now, NuScale Power's free cash flow is highly negative, at $750 million over the last 12 months, while revenue is negligible. If this continues -- as it looks like it will -- the stock will be much lower five years from now.

CoreWeave (CRWV -11.58%) closed Friday at $71.88, down 11.4% for the session. The drop wiped out the artificial intelligence (AI) cloud provider's entire week and knocked down shares from levels above $86 at one point during the week, leaving shares below Monday's close of $73.06.

The timing is strange. Two days earlier, one of the biggest spenders in AI infrastructure said it wanted more of what CoreWeave sells. Alphabet lifted its 2026 capital spending outlook by $15 billion on Wednesday, to as much as $205 billion. On Alphabet's second-quarter earnings call, chief financial officer Anat Ashkenazi said the company would "expand the use of third-party capacity in Q3 as a bridging strategy."

CoreWeave shares rose in after-hours trading on that comment. But they gave it back Thursday, and more on Friday, alongside fellow neocloud Nebius Group, which fell 15% on Friday alone.

So, what gives? Friday's sell-off for these stocks arguably wasn't a verdict on demand. It was a verdict on what meeting that demand costs.

Here's a closer look.

Image source: The Motley Fool.

The demand story is the easy part CoreWeave's revenue climbed 112% year over year in the first quarter, to $2.08 billion, and its revenue backlog stood at $99.4 billion at the end of March. To be fair, few companies of any size can grow like that.

But the picture thins as you move down the income statement. Non-GAAP (adjusted) earnings before interest, taxes, depreciation, and amortization (EBITDA) came in at $1.16 billion for the quarter, a 56% margin -- down from 62% a year earlier. Adjusted operating income, which charges the quarter for depreciation on all those graphics processing units and data centers, fell year over year to $21 million from $163 million. On that line, the margin went from 17% to 1%. Management expects it to expand each quarter from here, into low double digits by the fourth quarter.

The spending is running years ahead of the revenue But here's the problem.

Management expects capital expenditures of $31 billion to $35 billion this year. CoreWeave's revenue over the past 12 months was about $6.2 billion. That gap may be part of what's spooking investors.

In other words, the company plans to spend about five times its past year's sales on capacity in 2026. Zoom out, and the step-up is steep: CoreWeave reported $14.9 billion in capital expenditures in all of 2025.

One quarter tells the same story. CoreWeave generated $2.98 billion of operating cash flow during the first quarter and spent $7.7 billion on property and equipment.

Debt helps fill that gap. And the interest on it is climbing fast.

Net interest expense was $264 million in the first quarter of 2025. It reached $388 million in the fourth quarter of 2025, then $536 million in the first quarter of 2026. Management guided for $650 million to $730 million in the second quarter.

At that midpoint, CoreWeave's first-half net interest expense this year would nearly match the $1.23 billion it recorded across all of 2025.

And the balance behind it keeps growing. Total debt stood near $24.9 billion at the end of March, up from $21.4 billion three months earlier.

The backlog, meanwhile, arrives slowly. CoreWeave counted $98.8 billion of it as unsatisfied remaining performance obligations (contracted work not yet delivered) at the end of March, and expects to recognize just 36% within 24 months. The rest stretches as far out as seven years.

"This revenue backlog is near-term weighted, with 36% expected to be recognized in the next 24 months and 75% in the next four years," chief financial officer Nitin Agrawal said on CoreWeave's first-quarter earnings call.

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Near-term weighted is one way to put it. The spending happens this year, the interest accrues every quarter, and about two-thirds of that revenue isn't due until after March 2028.

And competition is a concern, too. Bloomberg reported on July 1 that Meta Platforms is building a cloud business to sell surplus AI computing capacity to outside customers. Meta also committed $21 billion to CoreWeave earlier this year, so one of the company's biggest customers may be preparing to compete with it.

So does an 11% drop make the stock cheap? At about $39 billion, CoreWeave's market value is still about six times its trailing-12-month revenue -- too high, in my opinion, for a company as speculative as this one.

"Nvidia (NVDA) is firing on all cylinders but not getting any of the benefits," says Ray Wang. He says the demand for it and AI are there and has a $280 price target for the stock, pointing to significant earnings growth backing his bullish expectations.

Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to discuss the company's acquisition of strategic subsea technology assets from Columbia Power Technologies, a move that expands its AI-enabled maritime infrastructure platform from the ocean surface to the seabed.

Stratmann said the acquisition adds intellectual property and engineering expertise in subsea power systems, complementing the company's existing capabilities in offshore power generation, autonomous surface vehicles, maritime sensing, communications, and AI-powered software. The enhanced platform is designed to support persistent underwater operations, including autonomous underwater vehicles, subsea sensing, distributed communications, and long-duration maritime missions.

The company also reported financial results for fiscal 2026, which management described as a transformational year as Ocean Power Technologies evolved from technology demonstrations to operational deployments serving defense, security, and commercial customers.

Highlights included securing the company's largest deployment and recurring revenue contract—an approximately $6.5 million U.S. Coast Guard PowerBuoy® maritime domain awareness program—as well as integrating its PowerBuoy®, Merrows® AI platform, and autonomous technologies into active maritime security missions alongside leading defense partners, including Anduril.

Ocean Power Technologies also ended the year with a record backlog of $19.8 million, a 58% increase from the previous year, providing improved visibility into future revenue.

Looking ahead, Stratmann said the company's priorities include executing the U.S. Coast Guard deployment, converting its record backlog into revenue, and expanding relationships with U.S. government agencies, allied nations, and major defense contractors as demand for AI-enabled maritime infrastructure continues to grow.

#proactiveinvestors #oceanpowertechnologiesinc #nyseamerican #optt #PhillipStratmann #PowerBuoy #WAMV #MaritimeTech #MaritimeTechnology #DefenseTech #ArtificialIntelligence #AutonomousSystems #USCoastGuard #OceanInnovation #Defense #CleanTech

Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF, FRA:8SR) earlier this week outlined encouraging early-stage gold indications from its East Goldfield project in central Nevada and detailed plans for a substantial geophysical programme intended to define deeper drill targets.

CEO Mike Power told Proactive that the company had used small, man-portable drills to test the upper portions of three interpreted feeder structures. Two of the feeders returned encouraging indications, while the third did not.

Power referenced a result of approximately 1.83 grams per tonne gold, noting that the short drill holes did not represent true widths and were designed primarily to establish whether gold was present in the upper parts of the structures.

He said the presence of gold near surface was significant because the company believed that stronger mineralisation could occur farther down the interpreted feeder structures. Power described the structures as comparable to chimneys or tailpipes within the mineralised system.

“The fact that they’ve got it at surface is really promising because that’s not where you expect to find the high grade,” he said.

Silver Range Resources has worked at East Goldfield for approximately 10 years. Power said recent geological mapping, supported by aeromagnetic and radiometric survey data, had improved the company’s understanding of the project.

Potential catalysts include the receipt of access permits, the start of fieldwork and completion of the survey. The company hopes to finish the programme by the end of August, release results in September and identify prospective drill targets for the fall.

Warner Bros. Discovery filed a lawsuit this week accusing Amazon of interference with contractual relations, breach of contract, and unfair competition.