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zacks

Does PENG Stock's Lower Valuation Signal a Smart Buying Opportunity?

Penguin Solutions, Inc. PENG looks highly attractive from a valuation perspective. In terms of 12-month Price/Sales (P/S), PENG is currently trading at 1.81X, lower than the Zacks Internet – Software industry’s 3.66X and the Zacks Computer and Technology sector’s 6.62X, making the stock seem less e…

Zacks en
StocksUS
dow-jones

Blue Owl Investors Ask to Withdraw $4.7 Billion From Flagship Funds - Update

By Matt WirzInvestors in two of Blue Owl Capital's flagship private-credit funds asked the firm to return $4.7 billion of their money in the second quarter, a drop from the previous quarter.Withdrawal requests amounted to $3.6 billion, or 19% of shares outstanding, in the firm's largest private-cre…

Dow Jones Newswires en
ETFsStocksUS
gurufocus

Why CoreWeave Stock Just Nosedived

CoreWeave NASDAQ:CRWV shares fell nearly 14% on Wednesday after a report said Meta Platforms (META) is developing a cloud infrastructure business that could compete with providers offering artificial intelligence computing services.The report said Meta is building a business that would sell excess…

GuruFocus en
StocksUS
acceswire

As Global Markets Continue Their Historic Climb to Record Highs - Recalling the Golden Age of the Dot-Com Revolution - ELEKTROS Accelerates Its Bold Vision for Next-Generation High-Speed Electric Vehicle Charging Infrastructure to Help Power the Future of Mobility

Company focus expands toward high-speed EV charging stations as global electric vehicle adoption continues to highlight the need for broader, faster and more reliable charging infrastructureWEST PALM BEACH, FL / ACCESS Newswire / July 2, 2026 / ELEKTROS Inc. (OTC Pink:ELEK) announced that, followin…

ACCESS Newswire en
StocksUS
zacks

CMG Stock Rises 22% in a Month: Should You Buy Now or Hold Steady?

Shares of Chipotle Mexican Grill, Inc. CMG have gained 21.8% in the past month compared with the Zacks Retail - Restaurants industry’s 5.1% rise. During the same period, CMG also outperformed key restaurant peers, including CAVA Group, Inc. CAVA, up 11.8%, Starbucks Corporation SBUX, up 7.8%, and M…

Zacks en
StocksUS
gurufocus

FedEx Sells Supply Chain Unit in $1.4 Billion CMA CGM Deal

FedEx Corp. NYSE:FDX said it agreed to sell FedEx Supply Chain to French container shipping group CMA CGM in a deal carrying an enterprise value of $1.4 billion. The transaction would expand CMA CGM's position in North American contract logistics, adding warehousing, distribution and fulfillment ca…

GuruFocus en
StocksFRUS

Zacks Industry Outlook Highlights The Hanover Insurance, Essent, Mercury General, Selective Insurance and Skyward Specialty Insurance

For Immediate ReleaseChicago, IL – July 2, 2026 – Today, Zacks Equity Research discusses The Hanover Insurance Group THG, Essent Group ESNT, Mercury General Corp. MCY, Selective Insurance Group SIGI and Skyward Specialty Insurance Group SKWD.Industry: P&C InsuranceLink: https://www.zacks.com/commen…

Zacks en
EconomyETFsStocksUS