Stay Ahead of the Game With Progress Software (PRGS) Q2 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2025-06-25 14:15
The upcoming report from Progress Software (PRGS) is expected to reveal quarterly earnings of $1.30 per share, indicating an increase of 19.3% compared to the year-ago period. Analysts forecast revenues of $237.84 million, representing an increase of 35.9% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings anno ...
UGI Corporation (UGI) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2025-06-25 14:15
Have you been paying attention to shares of UGI (UGI) ? Shares have been on the move with the stock up 1% over the past month. The stock hit a new 52-week high of $36.74 in the previous session. UGI has gained 29.3% since the start of the year compared to the 8.3% gain for the Zacks Utilities sector and the 3% return for the Zacks Utility - Gas Distribution industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, having beaten the Zacks Consensus Estimate ...
ETFs to Watch as SoftBank Eyes $1T Arizona AI hub
ZACKS· 2025-06-25 14:06
With the global AI market projected to surpass $1 trillion by 2031, the field is emerging as an increasingly attractive investment opportunity. According to Statista, the U.S. AI market is expected to witness a CAGR of 26.95% from 2025 to 2031, reaching a valuation of $309.7 billion by 2031, cementing its position as the largest AI market globally.In addition to the optimistic growth forecasts, President Trump has repeatedly emphasized his ambition to make the United States the global leader in AI. This sta ...
Top 3 Tobacco Stocks to Watch Amid Strong Industry Growth Trends
ZACKS· 2025-06-25 14:06
Industry Overview - The Zacks Tobacco industry is shifting towards smoke-free alternatives due to increased consumer health awareness and stricter regulations on traditional cigarettes [1][4] - Major companies like Philip Morris International, Altria Group, and Turning Point Brands are investing in reduced-risk products (RRPs) to cater to the demand for healthier nicotine options [1][4] Market Trends - The popularity of smoke-free options, such as heated tobacco and vaping products, is reshaping the industry as consumers seek safer alternatives [4] - Tobacco companies are leveraging strong pricing power to maintain revenues despite declining cigarette sales, as loyal consumers tend to absorb price increases [2][5] Challenges - The industry faces challenges in cigarette sales volumes due to inflation and changing consumer behavior, alongside regulatory restrictions impacting sales and advertising [6] Industry Performance - The Zacks Tobacco industry ranks 65, placing it in the top 27% of over 250 Zacks industries, indicating positive near-term prospects [7][8] - The industry has outperformed the broader market, gaining 63.8% over the past year compared to the S&P 500's 9.8% increase [10] Valuation - The industry is currently trading at a forward P/E of 15.78X, lower than the S&P 500's 21.89X and the sector's 17.62X [13] Company Highlights - **Altria Group**: Focused on transitioning to a smoke-free future with its oral nicotine pouch brand, on!, and has seen a 29.3% increase in shares over the past year [15][17] - **Philip Morris International**: Leading in RRPs with products like IQOS and ZYN, shares have surged 81% in the past year [20][21] - **Turning Point Brands**: Gaining traction with innovative products and strong demand for smokeless alternatives, shares have skyrocketed 132.8% in the past year [24][25]
Concentrix iX Hello™ Named “Intelligent Personal Assistant of the Year” in 2025 AI Breakthrough Awards Program
GlobeNewswire News Room· 2025-06-25 14:05
Core Insights - Concentrix Corporation has been awarded the "Intelligent Personal Assistant of the Year" at the 2025 AI Breakthrough Awards for its iX Hello AI-powered application, highlighting its innovative contributions to the AI market [1][3] Company Overview - Concentrix Corporation is a Fortune 500® company that provides technology and services solutions, helping over 2,000 clients across various industries to address their business challenges [7] - The company focuses on delivering integrated, end-to-end solutions that enhance enterprise efficiency and customer engagement [7] Product Features - The iX Hello application enables organizations to create customizable, GenAI-powered virtual assistants that are smart, multimodal, and intuitive, tailored for various needs such as customer and employee interactions [2] - It offers no-code setup and can be deployed across enterprises within days, integrating seamlessly with systems like Salesforce and Microsoft, and supports hybrid cloud environments [2] Industry Recognition - The AI Breakthrough Awards program received over 5,000 nominations from more than 20 countries, emphasizing the rapid growth and significance of AI technology in the 21st century [3][4] - The award recognizes the most impactful technologies and innovations in AI, covering various categories including Generative AI, Natural Language Processing, and more [3][5]
Zynex awarded UK patent for non-invasive sepsis monitoring technology
Proactiveinvestors NA· 2025-06-25 14:02
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Capricor (CAPR) Moves 20.4% Higher: Will This Strength Last?
ZACKS· 2025-06-25 14:01
Capricor Therapeutics (CAPR) shares ended the last trading session 20.4% higher at $9.25. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 25.1% loss over the past four weeks.Capricor recorded a strong price increase after it provided regulatory updates related to its Biologics License Application (BLA) for Deramiocel, the company’s lead cell therapy candidate for the treatment of Duchenne Muscular Dystrophy—associa ...
MicroStrategy Incorporated (MSTR) Is a Trending Stock: Facts to Know Before Betting on It
ZACKS· 2025-06-25 14:00
MicroStrategy (MSTR) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this business software company have returned +1.3% over the past month versus the Zacks S&P 500 composite's +5.1% change. The Zacks Computer - Software industry, to which MicroStrategy belongs, has gained 8.8% over this period. Now the key question is: Where could the stock be headed in ...
Gordon Schanzlin New Vision Institute Becomes First U.S. Clinic to Use Alcon's Breakthrough Unity Phaco System
GlobeNewswire News Room· 2025-06-25 14:00
San Diego, CA, June 25, 2025 (GLOBE NEWSWIRE) -- Gordon Schanzlin New Vision Institute is proud to announce it is the first clinic in the United States to use both the Unity® Vision Centerpiece (Unity VCS™) and Unity® Cataract System (Unity CS™), the groundbreaking new phacoemulsification technology from Alcon. This state-of-the-art platform represents the most significant advancement in cataract surgery technology in over 15 years. Dr. Julio Echegoyen, cataract surgeon and ophthalmologist at Gordon Schanzl ...
MotorTrend Presents Roadkill Nights Powered by Dodge Celebrates 10th Year: Returns to Downtown Pontiac With Street-legal Drag Racing on Woodward, Announces Direct Connection Grudge Race Lineup
Prnewswire· 2025-06-25 14:00
AUBURN HILLS, Mich., June 25, 2025 /PRNewswire/ -- MotorTrend Presents Roadkill Nights Powered by Dodge is coming to downtown Pontiac, marking a decade of the brand’s annual horsepower celebration and bringing street-legal drag racing action back to Metro Detroit’s famed Woodward Avenue on Saturday, August 9. MotorTrend Presents Roadkill Nights Powered by Dodge heads back to downtown Pontiac on Saturday, August 9 with street-legal drag racing set to return to Woodward Avenue Dodge Direct Connection Gr ...