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zacks

UVE Stock Outperforms Industry, Trades Near 52-Week High: Time to Exit?

Shares of Universal Insurance Holdings, Inc. UVE have rallied 66.3% in the past year, outperforming the industry’s growth of 3.7%. Its share price closed at $42.24 on Wednesday and reached a 52-week high of $42.64, reflecting investor confidence.UVE’s rally has been driven by improving underwriting…

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globenewswire

GENFIT Announces U.S. Medicare Coverage and Future Reimbursement for NASHnext®, a Non-Invasive Diagnostic Technology to Identify Patients with At-Risk MASH

Lille (France), Cambridge (Massachusetts, United States), Zurich (Switzerland), July 2, 2026 - GENFIT Euronext:GNFT, a biopharmaceutical company dedicated to improving the lives of patients with rare and life-threatening liver diseases, today announced the coverage and future reimbursement by U.S…

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zacks

Should You Buy, Sell, or Hold Astera Labs Stock at 40.16X PS?

Astera Labs ALAB stock is trading at a premium, as suggested by the Value Score of F.In terms of the forward 12-month Price/Sales, ALAB is trading at 40.16X, higher than the Computer & Technology sector’s 6.62X.ALAB ValuationAstera Labs shares have surged 158.4% in the year-to-date period, outperfo…

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gurufocus

SoftBank Launches New AI Compute Push

SoftBank (SFTBY) is setting up a new U.S. company called SB Neo to offer AI compute services as demand for training and inference capacity keeps rising.SB Neo will be established this month, with SoftBank Corp. owning 51% and SoftBank Group holding 49%. The company plans to launch neocloud services…

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zacks

How to Play American Eagle Stock After a 35% Plunge in 6 Months?

American Eagle Outfitters, Inc. AEO, a prominent player in the retail apparel and shoes sector, has seen its shares plunge 35.1% in the past six months, underperforming the Zacks industry’s decline of 7.8%. The stock has also underperformed the broader sector’s 1.4% decline and the S&P 500 Index’s…

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gurufocus

Good News For Tesla Stock Investors

Tesla NASDAQ:TSLA is no longer facing a federal investigation into reports of unexpected vehicle deceleration after U.S. auto safety regulators concluded the issue posed a limited risk.The U.S. National Highway Traffic Safety Administration (NHTSA) closed its review of about 695,000 Model 3 and Mod…

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gurufocus

Super Micro Faces Export-Control Scrutiny in Taiwan

Super Micro Computer (SMCI, Financials) said two employees at its Taiwan unit have been detained pending a court hearing, while two others were released on bail after questioning by Taiwanese prosecutors.The investigation centers on the alleged illegal export of advanced AI servers containing Nvidi…

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gurufocus

Alphabet Faces $4.7 Billion Antitrust Setback

Alphabet Inc. (GOOG, Financials) lost a major appeal in Europe after the European Union's top court upheld a 4.1 billion, or $4.7 billion, antitrust fine tied to Google's Android operating system.The case centered on findings that Google abused Android's market dominance. EU regulators argued the c…

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zacks

Adobe Bets on Topaz Labs to Expand Firefly AI Ecosystem: What's Ahead?

Adobe ADBE has been leveraging AI to boost top-line growth. The acquisition of Topaz Labs strengthens Adobe’s AI strategy by adding image and video enhancement technology to its growing Firefly ecosystem. The deal complements Adobe’s broader vision of becoming the AI platform of choice for creators…

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stockstory

Rivian (RIVN) Shares Skyrocket, What You Need To Know

What Happened? Shares of electric vehicle manufacturer Rivian NASDAQ:RIVN jumped 10.2% in the morning session after the company reported stronger-than-expected second-quarter vehicle deliveries and raised its full-year forecast.Rivian produced 12,613 vehicles and delivered 12,194 in the quarter end…

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StocksUS
prnewswire

Caterpillar Invests in the Future of Texas' Manufacturing Workforce

IRVING, Texas, July 2, 2026 /PRNewswire/ -- Caterpillar Inc. (NYSE:CAT) today announced the launch of its workforce commitment in Texas, marking another meaningful step in its five-year, $100 million Building the Future Workforce Initiative. With an initial allocation of up to $5 million, the fundi…

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NEWS prnewswire

Coway Launches Airmega Mighty2, Earns iF and Red Dot Design Awards 2026

The next-generation version of Coway's best-selling Airmega Mighty combines award-winning design with top performance recognition from WirecutterLOS ANGELES, July 2, 2026 /PRNewswire/ -- Coway, the leading wellness tech company, today announced that its new flagship air purifier, the Airmega Mighty…

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StocksKRUS
zacks

Does Innodata's 47% Margin Signal Stronger AI Economics?

Innodata's INOD first-quarter 2026 results suggest that its improving profitability reflects more than just strong demand for AI services. The company delivered an adjusted gross margin of 47%, well above its long-term 40% target, alongside 54% year-over-year revenue growth. Management attributed t…

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