1 day ago
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) reported on September 7 that it averaged 101 revenue-earning drilling rigs in the United States during August and 100 over the two months ended August 31.
The count measures rigs earning revenue under drilling contracts. The announcement provided no day rates, contract duration, utilization by rig class, or margins. Management explicitly cautioned that rig-count trends alone may not indicate financial performance.
For investors, the update supplies evidence that customers are putting equipment to work. Whether that activity produces better returns depends on the revenue earned and costs incurred for each contracted rig.
The two-month average is consistent with management's earlier outlook for approximately 100 U.S. rigs in the third quarter, compared with 92 in the second quarter. That supports an activity recovery from the prior quarter, although September will determine the final quarterly average.
There is also pricing evidence outside the monthly release. In its July 29 results, Patterson-UTI Energy, Inc. (NASDAQ:PTEN) said recently awarded term contracts carried approximately 10% to 15% higher pricing than levels at the start of the year. Management attributed that improvement to higher demand and customer interest in structural rig upgrades. Those increases applied to recently awarded contracts, rather than the entire fleet.
#rigs #energy #pten
The count measures rigs earning revenue under drilling contracts. The announcement provided no day rates, contract duration, utilization by rig class, or margins. Management explicitly cautioned that rig-count trends alone may not indicate financial performance.
For investors, the update supplies evidence that customers are putting equipment to work. Whether that activity produces better returns depends on the revenue earned and costs incurred for each contracted rig.
The two-month average is consistent with management's earlier outlook for approximately 100 U.S. rigs in the third quarter, compared with 92 in the second quarter. That supports an activity recovery from the prior quarter, although September will determine the final quarterly average.
There is also pricing evidence outside the monthly release. In its July 29 results, Patterson-UTI Energy, Inc. (NASDAQ:PTEN) said recently awarded term contracts carried approximately 10% to 15% higher pricing than levels at the start of the year. Management attributed that improvement to higher demand and customer interest in structural rig upgrades. Those increases applied to recently awarded contracts, rather than the entire fleet.
#rigs #energy #pten
8 days ago
Bloom Energy (BE) jumped 8% on momentum with no new catalyst, while FuelCell (FCEL) and Plug Power barely moved in the same risk-on session.
HYDR's 3% gain versus SPY's 1% rise largely reflects Bloom Energy's 15.5% fund weighting, masking weak breadth across hydrogen names.
KR Sridhar declared Bloom "the standard for AI onsite power" after Q2 revenue of $1.07 billion beat estimates and full-year guidance hit $4.2 billion.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
A risk-on tape is lifting high-beta fuel cell names on Thursday, but the group is splitting sharply on the way up. Bloom Energy (NYSE:BE) stock is up 8% to $233.69 in midday trading. That's a large single-session move against much more muted action from its two closest hydrogen and fuel cell peers.
#risk
HYDR's 3% gain versus SPY's 1% rise largely reflects Bloom Energy's 15.5% fund weighting, masking weak breadth across hydrogen names.
KR Sridhar declared Bloom "the standard for AI onsite power" after Q2 revenue of $1.07 billion beat estimates and full-year guidance hit $4.2 billion.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
A risk-on tape is lifting high-beta fuel cell names on Thursday, but the group is splitting sharply on the way up. Bloom Energy (NYSE:BE) stock is up 8% to $233.69 in midday trading. That's a large single-session move against much more muted action from its two closest hydrogen and fuel cell peers.
#risk
9 days ago
Updated Sept 02, 2026, 2:24 pm EDT / Original Sept 02, 2026, 7:46 am EDT
Pasqal
PSQL
-20.02%
stock is off to a sluggish start on Wall Street just days after becoming the latest quantum computing player to go public. But early volatility is hardly a reason for alarm.
PSQL
-20.02%
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#pasqal #company
Pasqal
PSQL
-20.02%
stock is off to a sluggish start on Wall Street just days after becoming the latest quantum computing player to go public. But early volatility is hardly a reason for alarm.
PSQL
-20.02%
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#pasqal #company
12 days ago
Hotchkis & Wiley, an investment management company, released its second-quarter 2026 investor letter for the "Large Cap Fundamental Value Fund." A copy can be downloaded here. Equity markets posted strong returns, with the Russell 1000 Value Index rising by 13.9%, although many individual stocks lagged. Notably, semiconductor stocks and AI-related sectors saw exceptional gains. The rally appeared speculative, marked by a stark difference in performance between high-beta and low-volatility stocks, along with momentum stocks outperforming the market significantly. Despite heightened enthusiasm for AI investments, concerns arise over inflated valuations reminiscent of the dot-com era. While there is substantial capital investment in AI, future earnings growth must justify these expenditures. The fund maintains a cautious approach towards perceived beneficiaries of AI, suggesting that select high-quality businesses with reasonable valuations may be better positioned. Historical trends suggest that speculative markets often revert to valuations based on fundamental economic realities, and the chosen investments are believed to be well-prepared for such a shift. The fund underperformed the index in the quarter and returned 5.69% vs. 13.87% for the Russell 1000 Value Index, largely due to a lack of exposure to high-performing sectors like semiconductors, while stock selection in healthcare provided a positive contribution. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Hotchkis & Wiley Large Cap Fundamental Value Fund highlighted Workday, Inc. (NASDAQ:WDAY). Workday, Inc. (NASDAQ:WDAY), a leading enterprise software company that provides cloud applications for human resources and financial management, detracted from performance this quarter. On August 31, 2026, Workday, Inc. (NASDAQ:WDAY) closed at $197.45 per share. Over the past month, Workday, Inc. (NASDAQ:WDAY) returned 15.87%, but its shares are down 13.29% over the past year. Workday, Inc. (NASDAQ:WDAY) has a market capitalization of $47.59 billion.
Hotchkis & Wiley Large Cap Fundamental Value Fund stated the following regarding Workday, Inc. (NASDAQ:WDAY) in its Q2 2026 investor letter:
Workday, Inc. (NASDAQ:WDAY) is a leader in cloud software for back-office business functions, spanning human capital management (HCM), financial management, and adjacent ERP (enterprise resource planning) products, with 60% of the Fortune 500 as HCM customers. Shares declined over the period, pressured by investor concerns that AI could disrupt application software vendors. The most recent quarter, however, did not show evidence of this. Subscription revenue grew 14%, 12-month backlog grew 16%, retention remained industry leading, margins expanded, and management reiterated full-year subscription revenue guidance while raising operating margin guidance. AI adoption also appears to be progressing, with Workday-developed agents now used by more
In its second-quarter 2026 investor letter, Hotchkis & Wiley Large Cap Fundamental Value Fund highlighted Workday, Inc. (NASDAQ:WDAY). Workday, Inc. (NASDAQ:WDAY), a leading enterprise software company that provides cloud applications for human resources and financial management, detracted from performance this quarter. On August 31, 2026, Workday, Inc. (NASDAQ:WDAY) closed at $197.45 per share. Over the past month, Workday, Inc. (NASDAQ:WDAY) returned 15.87%, but its shares are down 13.29% over the past year. Workday, Inc. (NASDAQ:WDAY) has a market capitalization of $47.59 billion.
Hotchkis & Wiley Large Cap Fundamental Value Fund stated the following regarding Workday, Inc. (NASDAQ:WDAY) in its Q2 2026 investor letter:
Workday, Inc. (NASDAQ:WDAY) is a leader in cloud software for back-office business functions, spanning human capital management (HCM), financial management, and adjacent ERP (enterprise resource planning) products, with 60% of the Fortune 500 as HCM customers. Shares declined over the period, pressured by investor concerns that AI could disrupt application software vendors. The most recent quarter, however, did not show evidence of this. Subscription revenue grew 14%, 12-month backlog grew 16%, retention remained industry leading, margins expanded, and management reiterated full-year subscription revenue guidance while raising operating margin guidance. AI adoption also appears to be progressing, with Workday-developed agents now used by more
18 days ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Are you roughly a decade away from retirement with little to no savings to fund it? You're far from alone. Nearly 1 in 5 Americans over the age of 50 had no retirement savings, according to a 2024 study by the AARP (1).
The good news is that even at this age, it's not too late to salvage your golden years. Here's a shockingly simple three-step plan, with no aggressive ****** umptions or complicated tax strategies involved, to help you retire by age 58.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#savings #wealth
Are you roughly a decade away from retirement with little to no savings to fund it? You're far from alone. Nearly 1 in 5 Americans over the age of 50 had no retirement savings, according to a 2024 study by the AARP (1).
The good news is that even at this age, it's not too late to salvage your golden years. Here's a shockingly simple three-step plan, with no aggressive ****** umptions or complicated tax strategies involved, to help you retire by age 58.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#savings #wealth
23 days ago
September WTI crude oil (CLU26) is up +1.42 (+1.67%) on Tuesday, and September RBOB gasoline (RBU26) is down -0.0122 (-0.37%).
Crude oil and gasoline prices are mixed today, with crude oil posting a 3-week high. Today's sharp decline in the dollar index ($DXY) to a 2.5-month low is bullish for energy prices. Also, the lack of a clear path to a resolution in the Middle East is keeping the Strait of Hormuz closed and limiting crude supplies from the Middle East, keeping upward pressure on oil prices. Today's weekly EIA inventory report was mixed for crude and gasoline prices.
Did the Commodities Complex See Turnaround Activity Overnight?
Forecasts for Hot US Temperatures Lift Nat-Gas Prices
What Will Watson Do Wednesday?
#middle #keeping #clu26
Crude oil and gasoline prices are mixed today, with crude oil posting a 3-week high. Today's sharp decline in the dollar index ($DXY) to a 2.5-month low is bullish for energy prices. Also, the lack of a clear path to a resolution in the Middle East is keeping the Strait of Hormuz closed and limiting crude supplies from the Middle East, keeping upward pressure on oil prices. Today's weekly EIA inventory report was mixed for crude and gasoline prices.
Did the Commodities Complex See Turnaround Activity Overnight?
Forecasts for Hot US Temperatures Lift Nat-Gas Prices
What Will Watson Do Wednesday?
#middle #keeping #clu26
29 days ago
By Hannah Lang
Aug 13 (Reuters) - The U.S. Securities and Exchange Commission on Thursday abruptly canceled a meeting scheduled for Friday on whether the agency should propose new crypto-related rules.
In a statement, an SEC spokesperson said the meeting would be moved "due to an unforeseen scheduling issue."
The agency was set to vote on proposing highly anticipated exemptions that would allow crypto startups to raise capital without having to comply with traditional securities offering rules.
The delay comes after the Senate left Washington on Saturday for a five-week recess without voting on the industry's top legislative priority, the Clarity Act, suggesting the bill's chances of passage have dimmed. The bill, if passed, would create new federal rules tailored to cryptocurrencies, and would put companies on a more sound legal footing, lobbyists say.
#rules #securities #without #lang
Aug 13 (Reuters) - The U.S. Securities and Exchange Commission on Thursday abruptly canceled a meeting scheduled for Friday on whether the agency should propose new crypto-related rules.
In a statement, an SEC spokesperson said the meeting would be moved "due to an unforeseen scheduling issue."
The agency was set to vote on proposing highly anticipated exemptions that would allow crypto startups to raise capital without having to comply with traditional securities offering rules.
The delay comes after the Senate left Washington on Saturday for a five-week recess without voting on the industry's top legislative priority, the Clarity Act, suggesting the bill's chances of passage have dimmed. The bill, if passed, would create new federal rules tailored to cryptocurrencies, and would put companies on a more sound legal footing, lobbyists say.
#rules #securities #without #lang
1 month ago
Baron Capital, an investment management company, released its Q2 2026 investor letter for the "Baron Health Care Fund". A copy of the letter is available to download here. The Fund gained 11.99% during the quarter, compared with the 10.48% gain for the Russell 3000 Health Care Index and the 15.44% gain for the Russell 3000 Index. Since inception, the Fund appreciated 10.61% on an annualized basis, compared with 10.02% for the Benchmark and 14.83% for the Index. Strong stock selection in pharmaceuticals, biotechnology, health care equipment, and life sciences tools and services supported the Fund's outperformance, although limited exposure to managed care stocks reduced relative returns. The Fund remains positive on health care due to improving biotechnology funding, strong acquisition activity, recovering managed care margins, and growth from an aging population, chronic disease, medical innovation, and higher health care spending. In addition, please check the Fund's top five holdings to know the best picks in 2026.
In its second-quarter 2026 investor letter, Baron Health Care Fund highlighted Apogee Therapeutics, Inc. (NASDAQ:APGE). Apogee Therapeutics, Inc. (NASDAQ:APGE) a clinical stage biotechnology company, develops novel biologics for the treatment of atopic dermatitis, asthma, eosinophilic esophagitis, chronic obstructive pulmonary disease, and other inflammatory and immunology indications. On August 04, 2026, Apogee Therapeutics, Inc. (NASDAQ:APGE) closed at $134.19 per share. One-month return of Apogee Therapeutics, Inc. (NASDAQ:APGE) was 1.05% and its shares gained 269.47% over the past 52 weeks. Apogee Therapeutics, Inc. (NASDAQ:APGE) has a market capitalization of $10.11 billion with a 52-week trading range between $34.34 - $134.46.
Baron Health Care Fund stated the following regarding Apogee Therapeutics, Inc. (NASDAQ:APGE) in its Q2 2026 investor letter:
"Favorable stock selection in biotechnology, mostly attributable to acquisition target Apogee Therapeutics, Inc. (NASDAQ:APGE), was partly offset by higher exposure to this underperforming sub-industry. In June, Apogee announced an agreement to be acquired by AbbVie Inc. for $135.11 per share, representing a 49.5% premium over the prior day's closing stock price. We sold Apogee Therapeutics, Inc. following announcements that it was being acquired by AbbVie Inc."
Apogee Therapeutics, Inc. (NASDAQ:APGE) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 44 hedge fund portfolios held Apogee Therapeutics, Inc. (NASDAQ:APGE) at the end of the first quarter which was 35 in the previous quarter. While we acknowledge the potential of Apogee Therapeutics, Inc. (NASDAQ:APGE) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the
In its second-quarter 2026 investor letter, Baron Health Care Fund highlighted Apogee Therapeutics, Inc. (NASDAQ:APGE). Apogee Therapeutics, Inc. (NASDAQ:APGE) a clinical stage biotechnology company, develops novel biologics for the treatment of atopic dermatitis, asthma, eosinophilic esophagitis, chronic obstructive pulmonary disease, and other inflammatory and immunology indications. On August 04, 2026, Apogee Therapeutics, Inc. (NASDAQ:APGE) closed at $134.19 per share. One-month return of Apogee Therapeutics, Inc. (NASDAQ:APGE) was 1.05% and its shares gained 269.47% over the past 52 weeks. Apogee Therapeutics, Inc. (NASDAQ:APGE) has a market capitalization of $10.11 billion with a 52-week trading range between $34.34 - $134.46.
Baron Health Care Fund stated the following regarding Apogee Therapeutics, Inc. (NASDAQ:APGE) in its Q2 2026 investor letter:
"Favorable stock selection in biotechnology, mostly attributable to acquisition target Apogee Therapeutics, Inc. (NASDAQ:APGE), was partly offset by higher exposure to this underperforming sub-industry. In June, Apogee announced an agreement to be acquired by AbbVie Inc. for $135.11 per share, representing a 49.5% premium over the prior day's closing stock price. We sold Apogee Therapeutics, Inc. following announcements that it was being acquired by AbbVie Inc."
Apogee Therapeutics, Inc. (NASDAQ:APGE) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 44 hedge fund portfolios held Apogee Therapeutics, Inc. (NASDAQ:APGE) at the end of the first quarter which was 35 in the previous quarter. While we acknowledge the potential of Apogee Therapeutics, Inc. (NASDAQ:APGE) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the
1 month ago
By Karen Roman
Krispy Kreme, Inc. (Nasdaq: DNUT) said second quarter adjusted EBITDA grew 43.2% to $28.8 million, and net revenue decreased 12.8% to $331.0 million due to its refranchising strategy and the closure of underperforming stores.
System-wide sales increased 1.1% in constant currency terms to reach $497.3 million, and rose 2.6% excluding sales attributable to the now-ended McDonald's U.S. partnership, it stated.
The company announced it is maintaining the fiscal outlook for 2026 and expects net revenue between $1.25 billion to $1.35 billion and adjusted EBITDA of $140 million to $150 million.
"The second quarter highlighted continued significant progress on our turnaround to strengthen the balance sheet, reduce leverage, and drive sustainable, profitable growth," said Josh Charlesworth, Krispy Kreme CEO. "Demand for our fresh, iconic doughnuts across the U.S. and international markets drove systemwide sales growth of 2.6% excluding the impact of the now-ended McDonald's USA partnership."
#quarter #revenue
Krispy Kreme, Inc. (Nasdaq: DNUT) said second quarter adjusted EBITDA grew 43.2% to $28.8 million, and net revenue decreased 12.8% to $331.0 million due to its refranchising strategy and the closure of underperforming stores.
System-wide sales increased 1.1% in constant currency terms to reach $497.3 million, and rose 2.6% excluding sales attributable to the now-ended McDonald's U.S. partnership, it stated.
The company announced it is maintaining the fiscal outlook for 2026 and expects net revenue between $1.25 billion to $1.35 billion and adjusted EBITDA of $140 million to $150 million.
"The second quarter highlighted continued significant progress on our turnaround to strengthen the balance sheet, reduce leverage, and drive sustainable, profitable growth," said Josh Charlesworth, Krispy Kreme CEO. "Demand for our fresh, iconic doughnuts across the U.S. and international markets drove systemwide sales growth of 2.6% excluding the impact of the now-ended McDonald's USA partnership."
#quarter #revenue
1 month ago
Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) delivered first-half 2026 results ahead of market expectations, driven by higher sales volumes and favourable pricing across its European and Asia-Pacific operations. Despite the earnings beat, the company's shares fell 3.6% to $104.30 in U.S. premarket trading on Tuesday, even as S&P 500 futures edged about 0.2% higher.
Profit after tax increased 5.8% year over year to €991 million, surpassing the S&P Global Visible Alpha consensus forecast of approximately €983.8 million.
Revenue climbed 4.4% to €10.72 billion, comfortably ahead of ***** yst expectations of roughly €9.83 billion.
The company attributed the strong first-half performance to balanced revenue growth, ongoing market share gains and disciplined cost control. Demand remained particularly robust for zero-sugar soft drinks, energy beverages and hydration products.
Comparable group volumes increased 2.2% on a days-adjusted basis, while comparable foreign exchange-neutral revenue rose 6.1%.
#comparable #market #volumes
Profit after tax increased 5.8% year over year to €991 million, surpassing the S&P Global Visible Alpha consensus forecast of approximately €983.8 million.
Revenue climbed 4.4% to €10.72 billion, comfortably ahead of ***** yst expectations of roughly €9.83 billion.
The company attributed the strong first-half performance to balanced revenue growth, ongoing market share gains and disciplined cost control. Demand remained particularly robust for zero-sugar soft drinks, energy beverages and hydration products.
Comparable group volumes increased 2.2% on a days-adjusted basis, while comparable foreign exchange-neutral revenue rose 6.1%.
#comparable #market #volumes
1 month ago
Apple stocks tumbled in late trading after component shortages weighed on the company's sales forecast, signaling that industrywide supply constraints are taking a bigger toll than anticipated. It also gave a forecast that is weaker than expected, further hurting the stock in the after market. Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman reacts to the mixed earnings report. Bloomberg.com and Terminal subscribers can send in their questions for Carol Massar and Tim Stenovec to ask guests live on-air. Just go to Bloomberg.com/askradio
#global #mark
#global #mark
2 months ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
The Federal Open Market Committee (FOMC) is meeting this week. During these meetings, the committee **** ses the health of the economy and potentially adjusts the federal funds rate. Read on to learn more about the timeline for this meeting, what it involves, and expected outcomes.
The latest FOMC meeting takes place on July 28-29, 2026. This is its fifth scheduled meeting of the year.
Once the meeting concludes, the FOMC will release its policy decisions on Wednesday at 2 p.m. Eastern time. Then the Fed chairman will hold a news conference at 2:30 p.m.
The live news conferences, held by the Federal Reserve chairman, are livestreamed and recorded. Additionally, the minutes of regularly scheduled meetings are released three weeks after the date of the policy decision.
#committee #chairman #advertiser
The Federal Open Market Committee (FOMC) is meeting this week. During these meetings, the committee **** ses the health of the economy and potentially adjusts the federal funds rate. Read on to learn more about the timeline for this meeting, what it involves, and expected outcomes.
The latest FOMC meeting takes place on July 28-29, 2026. This is its fifth scheduled meeting of the year.
Once the meeting concludes, the FOMC will release its policy decisions on Wednesday at 2 p.m. Eastern time. Then the Fed chairman will hold a news conference at 2:30 p.m.
The live news conferences, held by the Federal Reserve chairman, are livestreamed and recorded. Additionally, the minutes of regularly scheduled meetings are released three weeks after the date of the policy decision.
#committee #chairman #advertiser
2 months ago
Enterprise AI agents were meant to be the breakout software offering for 2026, yet instead they've become one of the major sources of buyer distrust. According to Anaconda and Forrester research, over 88% of AI agent pilots never reach production, as confirmed by independent polls from a16z and MIT Sloan's CIO panel, while Gartner predicts that more than 40% of agentic AI initiatives will be discontinued entirely by 2027 due to questionable ROI.
Salesforce Inc. (NYSE:CRM) walked into the gap between agent hype and agent reality when it placed its growth narrative on Agentforce, and by 2026, that bet has made Salesforce Inc. (NYSE:CRM) one of the worst-performing components of the Dow Jones Industrial Average, down around 31.48% year to date.
The immediate cause appears to be a credibility problem, not a demand issue. Bernstein downgraded Salesforce Inc. (NYSE:CRM) to Sector Weight from Outperform on July 9, removing its price target completely and citing poor customer feedback on Agentforce in particular. According to **** yst Jackson Ader, the released data doesn't yet indicate growing momentum, and a recent CIO survey found Salesforce Inc. (NYSE:CRM) to be "a standout for the wrong reasons."
That said, this interpretation is not uniform, and the debate on the market is serious. On July 14, Goldman Sachs reiterated its Buy rating and $242 price target, expecting organic growth to pick up in the third quarter as more details on AI monetization become available at Salesforce's Agentforce event in September. Goldman's more constructive reading is based on management's own acknowledgment of headwinds in Tableau, Commerce, and Marketing, which the firm sees as realistic rather than concerning, arguing that Salesforce Inc. (NYSE:CRM) is being open about a 12-to-24-month drag on its organic growth algorithm rather than covering it up.
Salesforce Inc. (NYSE:CRM)'s historical valuation decline looks to be the most mispriced aspect of the market story. Shares are currently trading at a compressed forward earnings multiple of only 10.83x, a substantial drop from the stock's five-year historical average of over 127x. The disparity is even more obvious when compared to prominent peers such as ServiceNow, which trades at a forward P/E of around 20.43x and requires consistent revenue growth above 18% through 2028 to maintain its valuation premium. Salesforce's current valuation of less than 11x forecast earnings is in near-total deadlock, despite the company's strong free cash flow generation and substantial enterprise data integration.
#valuation #july
Salesforce Inc. (NYSE:CRM) walked into the gap between agent hype and agent reality when it placed its growth narrative on Agentforce, and by 2026, that bet has made Salesforce Inc. (NYSE:CRM) one of the worst-performing components of the Dow Jones Industrial Average, down around 31.48% year to date.
The immediate cause appears to be a credibility problem, not a demand issue. Bernstein downgraded Salesforce Inc. (NYSE:CRM) to Sector Weight from Outperform on July 9, removing its price target completely and citing poor customer feedback on Agentforce in particular. According to **** yst Jackson Ader, the released data doesn't yet indicate growing momentum, and a recent CIO survey found Salesforce Inc. (NYSE:CRM) to be "a standout for the wrong reasons."
That said, this interpretation is not uniform, and the debate on the market is serious. On July 14, Goldman Sachs reiterated its Buy rating and $242 price target, expecting organic growth to pick up in the third quarter as more details on AI monetization become available at Salesforce's Agentforce event in September. Goldman's more constructive reading is based on management's own acknowledgment of headwinds in Tableau, Commerce, and Marketing, which the firm sees as realistic rather than concerning, arguing that Salesforce Inc. (NYSE:CRM) is being open about a 12-to-24-month drag on its organic growth algorithm rather than covering it up.
Salesforce Inc. (NYSE:CRM)'s historical valuation decline looks to be the most mispriced aspect of the market story. Shares are currently trading at a compressed forward earnings multiple of only 10.83x, a substantial drop from the stock's five-year historical average of over 127x. The disparity is even more obvious when compared to prominent peers such as ServiceNow, which trades at a forward P/E of around 20.43x and requires consistent revenue growth above 18% through 2028 to maintain its valuation premium. Salesforce's current valuation of less than 11x forecast earnings is in near-total deadlock, despite the company's strong free cash flow generation and substantial enterprise data integration.
#valuation #july
2 months ago
Tesla runs its earnings Q&A through a platform called Say Technologies, where shareholders submit questions and vote them up based on how many shares they hold. The idea is that the most pressing investor concerns rise to the top, giving Musk and his team a clear read on what the market actually wants answered before he gets on the call.
For Tesla's second-quarter earnings on July 22, the top categories looked predictable: FSD, Robotaxi, Optimus, Cybercab. And then, in fifth place, ****** eX. Not Starlink. Not ****** eX's technology. Whether Tesla and ****** eX might merge. Twenty-two questions on that topic made it onto the formal shareholder agenda, and Tesla investors want a direct answer from Musk, Business Insider reported.
The persistence of the question has a lot to do with how much the two companies already overlap. Tesla holds a stake in ****** eX. Tesla sold roughly $890 million in vehicles and batteries to ****** eX and its subsidiary xAI since 2023, and ****** eX spent $131 million on Cybertrucks in 2025 alone, according to the company's IPO filing.
Earlier this year, ****** eX acquired xAI. Tesla had put $2 billion into xAI, so that investment became a small equity stake in ****** eX when the deal closed, the first time a regulatory filing had formally connected the two companies, CNBC reported.
More Teslaand ****** eX:
#musk
For Tesla's second-quarter earnings on July 22, the top categories looked predictable: FSD, Robotaxi, Optimus, Cybercab. And then, in fifth place, ****** eX. Not Starlink. Not ****** eX's technology. Whether Tesla and ****** eX might merge. Twenty-two questions on that topic made it onto the formal shareholder agenda, and Tesla investors want a direct answer from Musk, Business Insider reported.
The persistence of the question has a lot to do with how much the two companies already overlap. Tesla holds a stake in ****** eX. Tesla sold roughly $890 million in vehicles and batteries to ****** eX and its subsidiary xAI since 2023, and ****** eX spent $131 million on Cybertrucks in 2025 alone, according to the company's IPO filing.
Earlier this year, ****** eX acquired xAI. Tesla had put $2 billion into xAI, so that investment became a small equity stake in ****** eX when the deal closed, the first time a regulatory filing had formally connected the two companies, CNBC reported.
More Teslaand ****** eX:
#musk
2 months ago
July 22 (Reuters) - Repligen Corp said on Wednesday it would buy BioLife Solutions in a cash-and-stock deal valued at about $1.5 billion, to expand the drugmaking equipment provider's presence in the fast-growing cell therapy market.
The acquisition gives Repligen access to BioLife's technology to preserve cells throughout the manufacturing process and the supply chain, as well as its portfolio of cell-processing tools and high-margin consumables business.
Larger peer Danaher on Tuesday signaled a recovery in demand for bioprocessing products, including equipment and consumables used to manufacture biologic drugs, as biotech and pharmaceutical companies ramp up spending after a broader slowdown in research spending and customer inventories in recent years.
The acquisition comes a month after German drugmaker Merck KGaA's $11.3 billion deal to buy Bio-Techne, underscoring growing interest in companies making tools for drug development.
BioLife shareholders will receive $11.25 in cash and 0.1442 shares of Repligen for each share, valuing the cell therapy tools supplier at $31 per share — a premium of about 6.2% to BioLife's last close.
#tools #billion #equipment #growing
The acquisition gives Repligen access to BioLife's technology to preserve cells throughout the manufacturing process and the supply chain, as well as its portfolio of cell-processing tools and high-margin consumables business.
Larger peer Danaher on Tuesday signaled a recovery in demand for bioprocessing products, including equipment and consumables used to manufacture biologic drugs, as biotech and pharmaceutical companies ramp up spending after a broader slowdown in research spending and customer inventories in recent years.
The acquisition comes a month after German drugmaker Merck KGaA's $11.3 billion deal to buy Bio-Techne, underscoring growing interest in companies making tools for drug development.
BioLife shareholders will receive $11.25 in cash and 0.1442 shares of Repligen for each share, valuing the cell therapy tools supplier at $31 per share — a premium of about 6.2% to BioLife's last close.
#tools #billion #equipment #growing
2 months ago
All the fears that worried the market in the past are percolating. Inflationary concerns are rising, with oil prices near a six-week high, more tariffs, and geopolitical tensions in the Middle East unlikely to go away anytime soon. The Federal Reserve is likely to nudge rates higher -- not lower -- the next time it meets. Suddenly, everything that is borrowed is about to be something blue.
It's against this unsettling climate, with consumer confidence hitting a new low before rebounding this summer, that investors might want to consider investing in Costco (NASDAQ: COST). Yes, Costco.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The country's top warehouse club operator may not seem much of a growth stock. It's also certainly not cheap by most measuring sticks. However, if reality catches up to today's buoyant market later this month, you're probably going to learn the real reason why Costco is worth its market premium.
Costco stock is trading for 47 times trailing earnings, a big markup to both the market average and the retailer's own growth. Its revenue multiple may initially seem low at 1.4, but in the low-margin world of groceries and other consumer staples retail, it's a princely premium. If you're an income investor, the stock's 0.6% dividend yield isn't going to ring a dinner bell, even though Costco does reward shareholders with substantially larger special dividends every few years.
#market #signal #Consumer #years
It's against this unsettling climate, with consumer confidence hitting a new low before rebounding this summer, that investors might want to consider investing in Costco (NASDAQ: COST). Yes, Costco.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The country's top warehouse club operator may not seem much of a growth stock. It's also certainly not cheap by most measuring sticks. However, if reality catches up to today's buoyant market later this month, you're probably going to learn the real reason why Costco is worth its market premium.
Costco stock is trading for 47 times trailing earnings, a big markup to both the market average and the retailer's own growth. Its revenue multiple may initially seem low at 1.4, but in the low-margin world of groceries and other consumer staples retail, it's a princely premium. If you're an income investor, the stock's 0.6% dividend yield isn't going to ring a dinner bell, even though Costco does reward shareholders with substantially larger special dividends every few years.
#market #signal #Consumer #years
2 months ago
Lake Success, New York-based Broadridge Financial Solutions, Inc. (BR) provides investor communications and technology-driven solutions for the financial services industry in the United States and internationally. The company has a market cap of $17.3 billion and handles the proxy materials distribution and voting processes for bank, broker-dealer, corporate issuer, and fund clients, and more.
BR is expected to release its Q4 2026 earnings soon. Ahead of the event, ***** ysts expect the company's EPS to be $3.75 on a diluted basis, up 5.6% from $3.55 in the year-ago quarter. The company has exceeded Wall Street's EPS estimates in each of its last four quarters.
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#solutions #york #broadridge
BR is expected to release its Q4 2026 earnings soon. Ahead of the event, ***** ysts expect the company's EPS to be $3.75 on a diluted basis, up 5.6% from $3.55 in the year-ago quarter. The company has exceeded Wall Street's EPS estimates in each of its last four quarters.
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#solutions #york #broadridge
2 months ago
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Coinbase Global Inc. CEO Brian Armstrong shared advice for entrepreneurs, saying founders should pursue difficult problems instead of choosing safer, less ambitious business ideas.
On Wednesday, Armstrong shared startup advice in a post on X, saying many founders avoid complex problems because they believe easier ideas offer a better path to success.
"When starting a company, most people shy away from truly hard problems and go for base hits thinking it will be easier," He wrote.
Don't Miss:
Coinbase Global Inc. CEO Brian Armstrong shared advice for entrepreneurs, saying founders should pursue difficult problems instead of choosing safer, less ambitious business ideas.
On Wednesday, Armstrong shared startup advice in a post on X, saying many founders avoid complex problems because they believe easier ideas offer a better path to success.
"When starting a company, most people shy away from truly hard problems and go for base hits thinking it will be easier," He wrote.
Don't Miss:
2 months ago
International Business Machines Corporation (NYSE:IBM) is one of the Best Quantum Computing Stocks to buy and Hold Forever. The company runs a growing fleet of superconducting quantum processors, offers cloud access to them through IBM Quantum, and has a public roadmap targeting fault-tolerant quantum computing by the end of the decade.
Recently, on July 9, International Business Machines Corporation (NYSE:IBM) announced major updates to Bob, which is the company's agentic software development platform. The updates add multi-agent capabilities, built-in cost ******* ytics, and pre-built workflows for modernizing enterprise systems.
Management noted that the updates are a response to shifts in software development challenges. The company's survey shows most DevSecOps professionals now see reviewing and validating AI-written code as the bigger bottleneck, rather than writing it. The platform is designed to support engineering work across the full development lifecycle, not just a single coding interface.
Management added that a new feature called Bobalytics gives organizations visibility into productivity, quality, performance, and AI spend, helping them balance cost against performance more effectively. Moreover, other new capabilities include parallel, model-native tool calling, which lets models request multiple tools in a single turn, and "subagents" that isolate context for complex tasks to control cost and improve response speed.
International Business Machines Corporation (NYSE:IBM) operates as an integrated solutions and services provider across the Asia Pacific, the Americas, the Middle East, Europe, and Africa. The company operates in the Infrastructure, Software, Financing, and Consulting segments.
Recently, on July 9, International Business Machines Corporation (NYSE:IBM) announced major updates to Bob, which is the company's agentic software development platform. The updates add multi-agent capabilities, built-in cost ******* ytics, and pre-built workflows for modernizing enterprise systems.
Management noted that the updates are a response to shifts in software development challenges. The company's survey shows most DevSecOps professionals now see reviewing and validating AI-written code as the bigger bottleneck, rather than writing it. The platform is designed to support engineering work across the full development lifecycle, not just a single coding interface.
Management added that a new feature called Bobalytics gives organizations visibility into productivity, quality, performance, and AI spend, helping them balance cost against performance more effectively. Moreover, other new capabilities include parallel, model-native tool calling, which lets models request multiple tools in a single turn, and "subagents" that isolate context for complex tasks to control cost and improve response speed.
International Business Machines Corporation (NYSE:IBM) operates as an integrated solutions and services provider across the Asia Pacific, the Americas, the Middle East, Europe, and Africa. The company operates in the Infrastructure, Software, Financing, and Consulting segments.
2 months ago
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Papa Murphy's is headed for more closures.
Parent company MTY Food Group told investors during the company's Q2 earnings call that it expects to shutter 68 underperforming corporately owned restaurants over the next nine months. Of those, between 45 and 50 stores will be Papa Murphy's locations.
Most of the shutdowns will occur in the third quarter, with the first scheduled to begin this week. The 68 closures represent about 1 percent of MTY's systemwide restaurant base.
The move comes after MTY attempted to revive a collection of stores it took back from Papa Murphy's franchisees about two years ago.
Papa Murphy's is headed for more closures.
Parent company MTY Food Group told investors during the company's Q2 earnings call that it expects to shutter 68 underperforming corporately owned restaurants over the next nine months. Of those, between 45 and 50 stores will be Papa Murphy's locations.
Most of the shutdowns will occur in the third quarter, with the first scheduled to begin this week. The 68 closures represent about 1 percent of MTY's systemwide restaurant base.
The move comes after MTY attempted to revive a collection of stores it took back from Papa Murphy's franchisees about two years ago.
2 months ago
Alibaba (BABA) shares ripped higher on Wednesday following an interim corporate update that signaled robust AI growth and clear signs of operational stabilization.
The bullish momentum even saw BABA break above its 20-day moving average (MA), signaling bulls are now starting to take back control for the near term.
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The bullish momentum even saw BABA break above its 20-day moving average (MA), signaling bulls are now starting to take back control for the near term.
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2 months ago
PE dealmaking in Europe defied a shaky macroeconomic backdrop in the second quarter of this year, putting 2026 on pace for one of the strongest years in the market's history—with caveats attached.
In PitchBook's Q2 2026 European PE Breakdown, much of that headline strength is concentrated in a handful of very large transactions rather than broad-based momentum. Just 22 mega-exits accounted for 65.8% of the total exit value of €157.6 billion (about $180.1 billion) in Q2—well above the decade average.
Having recently returned from SuperReturn International in Berlin, one of Europe's largest PE conferences, our research team remains firmly convinced Europe is best placed to attract LP capital over the medium term.
The continent is fragmented, offers lower entry multiples than the US, and generates genuine alpha opportunities—and in an environment where value creation has replaced financial engineering, that's increasingly attractive.
Much of the exit concentration has been in Germany. Advent International and Cinven's €29.4 billion sale of TK Elevator to Finland's Kone, alongside the Nasdaq listing of Innio—a maker of power generation equipment backed by Advent and Abu Dhabi Investment Authority—pushed the country's exit value to a record high. Concentration of this kind can flatter the aggregate.
In PitchBook's Q2 2026 European PE Breakdown, much of that headline strength is concentrated in a handful of very large transactions rather than broad-based momentum. Just 22 mega-exits accounted for 65.8% of the total exit value of €157.6 billion (about $180.1 billion) in Q2—well above the decade average.
Having recently returned from SuperReturn International in Berlin, one of Europe's largest PE conferences, our research team remains firmly convinced Europe is best placed to attract LP capital over the medium term.
The continent is fragmented, offers lower entry multiples than the US, and generates genuine alpha opportunities—and in an environment where value creation has replaced financial engineering, that's increasingly attractive.
Much of the exit concentration has been in Germany. Advent International and Cinven's €29.4 billion sale of TK Elevator to Finland's Kone, alongside the Nasdaq listing of Innio—a maker of power generation equipment backed by Advent and Abu Dhabi Investment Authority—pushed the country's exit value to a record high. Concentration of this kind can flatter the aggregate.
2 months ago
SpaceX surged from its $135 IPO price to $225 intraday before collapsing to $151, erasing nearly all post-IPO gains.
SpaceX becomes the fastest newly public company ever added to the Nasdaq-100, triggering mechanical passive-fund buying that won't sustain the stock long-term.
Morningstar warns ****** eX could be worth less than half its IPO price, leaving little margin for error if Starlink or Starship growth disappoints.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and ****** eX didn't make the cut. Grab the names FREE today.
The market has spent much of 2026 rewarding companies tied to artificial intelligence, defense, and ****** e technology with premium valuations. Investors have been willing to pay up for businesses promising decades of future growth, often overlooking near-term fundamentals.
SpaceX becomes the fastest newly public company ever added to the Nasdaq-100, triggering mechanical passive-fund buying that won't sustain the stock long-term.
Morningstar warns ****** eX could be worth less than half its IPO price, leaving little margin for error if Starlink or Starship growth disappoints.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and ****** eX didn't make the cut. Grab the names FREE today.
The market has spent much of 2026 rewarding companies tied to artificial intelligence, defense, and ****** e technology with premium valuations. Investors have been willing to pay up for businesses promising decades of future growth, often overlooking near-term fundamentals.
2 months ago
With a market cap. of $15.2 billion, Generac Holdings Inc. (GNRC) is a leading global energy technology company that designs, manufactures, and provides innovative power generation, energy storage, and energy management solutions for residential, commercial, industrial, and other markets. It is committed to its mission of "Powering a Smarter World" by delivering resilient, efficient, and intelligent energy solutions that empower people to use energy on their own terms.
The Waukesha, Wisconsin-based company is expected to release its fiscal Q2 2026 results soon. Ahead of the release, **** ysts expect the company to post adjusted EPS of $1.95, up 18.2% from $1.65 in the year-ago quarter. It has exceeded Wall Street's bottom-line estimates in two of the last four quarters while missing on two other occasions.
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The Waukesha, Wisconsin-based company is expected to release its fiscal Q2 2026 results soon. Ahead of the release, **** ysts expect the company to post adjusted EPS of $1.95, up 18.2% from $1.65 in the year-ago quarter. It has exceeded Wall Street's bottom-line estimates in two of the last four quarters while missing on two other occasions.
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2 months ago
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Saving money doesn't have to mean following the same routine month after month. For people who struggle to stay motivated by traditional savings plans, turning the process into a game can make it feel more rewarding.
That's the idea behind the bingo savings challenge — a customizable approach that uses a bingo card filled with savings amounts instead of numbers. Here's how it works.
The Bingo savings challenge is a gamified savings method that turns contributions to a savings account into a game of chance. Instead of saving a fixed amount on a set schedule, you make deposits based on the numbers you draw or mark off on a bingo card. The unpredictability makes saving feel more fun and can help people stay motivated.
Here's how it works:
Saving money doesn't have to mean following the same routine month after month. For people who struggle to stay motivated by traditional savings plans, turning the process into a game can make it feel more rewarding.
That's the idea behind the bingo savings challenge — a customizable approach that uses a bingo card filled with savings amounts instead of numbers. Here's how it works.
The Bingo savings challenge is a gamified savings method that turns contributions to a savings account into a game of chance. Instead of saving a fixed amount on a set schedule, you make deposits based on the numbers you draw or mark off on a bingo card. The unpredictability makes saving feel more fun and can help people stay motivated.
Here's how it works:
