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Oracle’s stock performance from the 1980s pushed the tech giant to split its shares. Its fortunes rose and fell during the dot-com era, and then picked up again in recent years with the popularity of artificial intelligence. Here’s how many times Oracle — whose foundational business was database software management before expanding into cloud computing and AI — split its shares.When did Oracle conduct its first stock split?Oracle implemented its first stock split in March 1987, when it offered two shares for each one they owned.Related: Intel’s stock split history (& prospects) explainedWhen was Oracle’s last stock split? Oracle’s last stock split was in October 2000. From the mid-1980s to 2000, the stock had risen significantly and splitting its shares would reduce the per-share price would make the stock more accessible to retail investors. Adjusted for all stock splits, Oracle’s stock rose from around 10 cents in early 1987 to a peak of around $46 in 2000. How many times has Oracle split its stock?Oracle has conducted a total of 10 stock splits. The first stock split was 2-for-1 in March 1987, followed by another 2-for-1 in December, and again in June 1989 and in November 1993. The company changed the ratio to 3-for-2 in February 1995, April 1996, August 1997, and February 1999. It returned to the 2-for-1 stock split in January and October of 2000, which was during the peak of the dot-com era. Since then Oracle has held off from splitting its shares. Oracle stock split quick factsNumber of stock splits: 10Most recent stock split: October 12, 2000First stock split: March 9, 1987Decade with most stock splits: 1990sMost common stock split ratio: 2:1Oracle’s stock split history at a glanceEffective DateSplit AmountOctober 12, 20002 for 1January 18, 20002 for 1February 26, 19993 for 2August 15, 19973 for 2April 16, 19963 for 2February 22, 19953 for 2November 8, 19932 for 1June 16, 19892 for 1December 21, 19872 for 1March 9, 19872 for 1More on tech:AMD’s stock split history (& prospects) explainedHow many employees does Meta have in 2026? Locations, layoffs explainedDoes Intel pay dividends? History & future prospects explainedOracle’s stock price performanceOracle went through its initial public offering (IPO) on March 12, 1986 and set its offering price at $15 a share. Over the next 40 years, the stock would increase more than 3,000 times. A $10,000 investment from its IPO would be valued at $30.378 million.However, Oracle’s stock price performance wasn’t a straight line up to record highs. During the dot-com era, the stock peaked at around $46. After the dot-com crash, Oracle’s share price tumbled and then traded in a narrow range, and that was most likely a reason the company hadn’t conducted a stock split since 2000. The stock would not break above the $46 level until 2017. What would Oracle’s stock price be in 2026 if it hadn’t conducted any stock splits?Oracle’s share price, had the stock not been split 10 times, can be calculated by multiplying the current stock price by the cumulative stock split ratio, in this case, 324:Current Oracle stock price x (2×2×2×2×1.5×1.5×1.5×1.5×2×2) = Oracle stock price had the stock never been splitCurrent Oracle stock price x (324) = Oracle stock price had the stock never been splitHad Oracle never implemented stock splits, a share would be valued at $45,567, based on the July 10, 2026 closing price of $140.64. At that 5-digit price, Oracle would be out of the price range of many retail investors, unless they buy fractional shares.Is Oracle going to split its stock again?Oracle’s stock peaked at $328 in September 2025 amid its push into cloud computing and artificial intelligence, but it has lost more than half heading into the second half of 2026.With the recent decline in stock price from its highs, it doesn’t seem likely that Oracle would be conducting a stock split anytime soon. Related: Has Meta ever had a stock split? What sets this ‘Mag 7’ stock apart

The Toronto Blue Jays’ former MVP candidate sent an honest message on how an exit by the Philadelphia Phillies manager cost his old team.

David Ellison spent eight months persuading Washington that buying Warner Bros. Discovery would strengthen competition in Hollywood, and it worked. The Justice Department closed its antitrust review in June and cleared the deal. However, things have taken an unexpected turn.A group of state attorneys general, led by California, is finalizing an antitrust lawsuit that could freeze the transaction well past the closing date that Paramount Skydance (PSKY) promised investors. Oregon has gone further, asking a judge to pause the deal for 60 days while it examines how Paramount lobbied federal officials.Paramount shares felt the impact. The stock trades near $9.34, sitting near the bottom of its 52-week range of $8.62to$20.86. It is down about 29% this year and roughly 9% over the past five trading sessions.Why state attorneys general can still block the Paramount-Warner Bros. dealFederal clearance does not end the fight. State attorneys general hold independent authority under U.S. antitrust law, and a Justice Department decision not to sue does nothing to stop them from filing their own case, Fox Business reported.More Media and Entertainment Stocks:Paramount’s WBD merger faces a major regulatory hurdleNetflix has a stunning milestone in sight for 2027Disney’s next growth story isn’t parks or moviesThe multistate suit could be filed within days, CNN Business reported, citing people familiar with the process. California Attorney General Rob Bonta has voiced concerns for months, and his office says the investigation remains active.Critics argue that combining two of the five largest studios would thin out competition in film, streaming, and news. Paramount rejects that argument, telling CNN it is confident the transaction raises no legitimate antitrust concerns.

Paramount Skydance’s takeover of Warner Bros. Discovery has cleared Washington but not the states.Busà Photography / Getty Images

Oregon’s lobbying probe and the “Project Warrior” documentsOregon Attorney General Dan Rayfield is conducting a narrower, more direct inquiry. According to the Oregon Department of Justice, he has asked a Multnomah County court to compel Paramount to hand over records tied to an internal lobbying effort the company code-named “Project Warrior.” Rayfield also wants to know whether Paramount helped write the DOJ statement that cleared the deal. According to him, this document was unusual because the agency normally speaks up when challenging a merger rather than clearing one.Related: ‘Michael’ gives Lionsgate stock timely Hollywood testUnder that request is a Wall Street Journal report that senior officials overruled career staff attorneys who had leaned toward challenging the deal.Rayfield has said that if approval turned out to be the product of a corrupt bargain, it would change how Oregon reads its own evidence.Paramount calls the demands irrelevant to Oregon antitrust law and notes it has already produced more than 822,000 documents, TheWrap reported. A hearing is set for Monday, July 13.The $650 million ticking fee that turns delay into cash burnLitigation risk is usually something shareholders can ignore. But not this time. Here, the cost is easy to see.According to Paramount’s merger agreement, if the deal has not closed by Sept. 30, 2026, Warner Bros. Discovery shareholders collect a 25-cent-per-share “ticking fee” every quarter until it does.That works out to roughly $650 million a quarter.A ticking fee is simply compensation to the target’s shareholders for waiting. It rewards them for patience and punishes the buyer for being slow.A delay also pushes back the $6 billion in cost savings Paramount has told investors it will capture after closing, Benzinga noted. The company is already expected to carry about $80 billion in debt once the transaction completes.4 things that have to go right before Paramount Skydance stock recoversThe bull case has not disappeared, but it now depends on a sequence of events landing in order.Brussels clears the deal by its July 22 deadline after Paramount agreed to exit its film distribution venturewith Universal, Variety reported.The U.K. concludes its media plurality review, with Culture Secretary Lisa Nandy saying she is minded to intervene.The Oregon judge declines to grant a 60-day pause.The multistate suit either fails to materialize or fails to win an injunction.Miss any one of those and the Sept. 30 date slips, which means the fee starts accruing.How PSKY stock stacks up against the market and its peersThe gap between Paramount Skydance and the broader market says a lot.PSKY is down about 29% this year. Operationally, the company is not falling apart, as first-quarter revenue reached $7.35 billion, up 2.2% from a year earlier.Paramount’s earnings also beat consensus by a wide margin, according to the company’s SEC filing.However, Wall Street is unconvinced. Wells Fargo cut its target to $7 from $8 and kept an underweight rating. Guggenheim reduced its target to $12 while maintaining a neutral rating, citing debt concerns. The consensus rating across Wall Street is a moderate sell. The market is not pricing an operating problem. It is pricing the odds that a judge grants a pause on the merger.What investors should watch next in the Paramount Warner Bros. sagaMerger arbitrage is a bet on timing as much as outcome, and right now, the calendar is what matters.Monday’s Multnomah County hearing is the first real test. The July 22 EU decision follows, and the U.K. Competition and Markets Authority faces an Aug. 7 deadline on its Phase 1 review. Any state lawsuit filed in between could add months.None of that guarantees the deal will die, as State challenges do not always succeed. However, a coalition of attorneys general did stall Nexstar’s takeover of Tegna earlier this year when a judge froze that transaction ahead of trial.For investors, the practical question narrows to how much delay they are willing to tolerate. Even if the merger closes, the buyer inherits $80 billion in debt and pays $650 million a quarter to the other side’s shareholders until it does.So the real question is not whether the deal survives, but how long you can afford to wait for it. The courts have the final say on that.Related: AMC stock traders ignoring warning signs send shares surging

Lam Research has quietly become one of the biggest winners of the AI buildout, and Wall Street has noticed.The chip equipment maker reports fiscal fourth-quarter earnings on July 29, 2026, and analysts are already lining up with a hard-to-miss message.That message comes straight from the people who regularly talk to Lam Research’s customers, competitors, and executives. And it is backed by numbers that are hard to ignore.Analysts expect Lam Research to blow past estimates againAccording to a July 9 research note from Morgan Stanley, analyst Shane Brett expects Lam Research to post revenue of $7.4 billion in fiscal Q4, above consensus estimates of $7 billion. Lam Research has topped Wall Street estimates by an average of 9% over the last five quarters, Morgan Stanley noted. The firm also expects Lam Research to raise its full-year outlook for the wafer fab equipment (WFE)  market, from $140 billion to $145 billion, an increase of 32% year over year. Morgan Stanley rates the stock “overweight”, with a price target of $404, well above the $350 close on July 10.The bull case for LRCX stockLam Research makes the machines that etch and deposit the microscopic layers that turn a blank silicon wafer into a working chip.For years, that business grew slowly and steadily, until the AI megatrend accelerated top-line growth. Analysts tracking Lam Research stock forecast revenue to increase from $23.3 billion in fiscal 2026 to $44.37 billion in fiscal 2030. In this period, adjusted earnings per share are projected to expand from $5.68 to $12.63. Lam Research chief financial officer Doug Bettinger explained the shift at Bank of America’s Global Technology Conference on June 2. Related: Overlooked chip ETF is beating biggest AI namesHe said a shortage of cleanroom space now constrains the industry, as do the specialized manufacturing floors that chipmakers need to build new capacity. Every customer wants more equipment than the industry can currently supply.”It’s AI,” Bettinger said when asked what is driving the boom, pointing to the surge in demand for the accelerator chips that power AI data centers, along with the high bandwidth memory and storage that support them.Lam Research chief executive Tim Archer struck a similar tone days earlier at the Bernstein Strategic Decisions Conference on May 27. He said the company is seeing demand across every stage of the AI rollout, from training large models to running them for everyday users (a phase known as inference) to agentic AI systems that can take actions on their own.The NAND and DRAM story investors should watchMuch of Lam Research’s business ties to two types of memory chips: DRAM, which handles short-term data processing, and NAND, which stores data long-term.DRAM has led the recent boom because it is closely tied to high-bandwidth memory used in AI processors. NAND has lagged, but that appears to be changing.Morgan Stanley expects NAND spending to jump 65% for the quarter that just ended in June, then rise another 30% in the current quarter, though both gains come from a low starting point. The firm also believes NAND equipment spending will outgrow DRAM equipment spending in 2027.Archer told the Bernstein audience that Lam Research’s exposure has shifted dramatically over time. Five years ago, memory chips made up about 60% of the business. Last year, foundry and logic chips made up 60% instead, he said, a deliberate strategy shift the company made years in advance.

Tim Archer, president and CEO of Lam Research, expects robust memory chip demandBloomberg /Getty Images

What next for LRCX stockMorgan Stanley’s bear case sees the stock falling to $289 if memory pricing weakens and Lam Research loses ground to competitors in etching technology. The firm’s bull case scenario, on the other hand, expects the tech stock to rise to $519 if memory pricing and factory utilization continue to improve.Of the 25 analysts covering LRCX stock, 23 recommend “Buy,” and 2 recommend “Hold.” The average Lam Research stock price target is $381, above the current price of $350. More Tech:Microsoft may be done making Xbox cheapIBM handed two major wins within 24 hoursSpaceX’s 32% crash may force Musk into radical moveBettinger was careful during his June appearance not to promise specific growth numbers for next year. But he described the tone of conversations with customers as the strongest he has seen in his career at the company.Bettinger said, referring to the demand signals coming from Lam Research’s customers:”I’m talking as optimistically as you’ve ever heard me.”Investors will find out on July 29 whether management confidence translates into another beat-and-raise, or whether the clean room shortage that has defined this AI cycle finally starts to ease.Related: Morgan Stanley makes bold Lam Research stock call

As recently as February 2026, the company was out there signing deals. A new power purchase agreement with Hankook Tire. Existing contracts with Nestle, Cargill, Mars, and Auchan. A solar pipeline of over a gigawatt under construction in Poland. Nobody looking at it from the outside would have seen what was coming.Three months later it had €1.1 million in the bank and $952 million in debt. On May 29, 2026, GoldenPeaks Poland Holding and 39 affiliated entities walked into the U.S. Bankruptcy Court for the Southern District of Texas and filed for Chapter 11, according to Bloomberg Law.What brought GoldenPeaks Poland to bankruptcy courtWhat brought the company down started with a subsidiary. Spectris Energy was a wholly owned affiliate that handled engineering, construction, and day-to-day operations across GoldenPeaks’ entire Polish solar portfolio.In January 2026, Spectris ran into trouble of its own. Rising component costs, higher interest rates, and currency swings pushed it into remedial proceedings in a Warsaw court. Polish tax authorities froze its bank accounts. Suppliers walked. Spectris went dark.GoldenPeaks had no employees of its own. Construction, operations, accounting, financing, land leasing, all of it ran through affiliated companies. When Spectris collapsed, GoldenPeaks had nobody left to run its solar farms.More Bankruptcy:28-year-old important high-tech firm files Chapter 11 bankruptcyPopular sporting goods store chain files Chapter 11 bankruptcyInternet provider files Chapter 7 bankruptcy, cuts off serviceIt scrambled to sign an emergency deal with a third-party Polish firm called Ergy to take over operations. That deal was signed 16 days before the bankruptcy filing.The grid made things worse. Poland’s transmission system operator had been restricting how much solar power could feed into the grid, a problem that had been cutting into GoldenPeaks’ revenue for months. The company was generating electricity that the grid couldn’t always absorb, which meant the cash flow the debt structure depended on kept coming up short.Then there was the refinancing that never happened. GoldenPeaks had been trying to raise equity or refinance its debt since at least mid-2025. It held informal sale discussions that summer, ran an RFP to banks, picked a preferred bidder, and still couldn’t close a deal.An equity raise in early 2026 attracted too little interest and was dropped. On May 19, it asked senior lenders for standstill agreements. Nobody signed. With a key standstill set to expire on May 31, the company filed Chapter 11 two days before that deadline.The financial governance problems court filings revealWhen restructuring firm Alvarez and Marsal came in to assess the situation, what they found wasn’t pretty. The company had been operating with multiple Chief Financial Officers with overlapping mandates. No standalone financial statements existed for any of the debtor entities. Financial controls were fragmented. There was no budget reporting, no construction cost supervision.Alvarez and Marsal described in court filings how GoldenPeaks units had unraveled “precipitously” and how liquidity had “evaporated” within weeks. In court papers, the company reported assets between $1 billion and $10 billion against liabilities of $500 million to $1 billion, according to IndexBox. Its funded debt alone came to $952 million, and it had less than €1.1 million in unencumbered cash when it filed.

What brought the company down started with a subsidiary.Mario/Getty Images

Brookfield’s role as lender and lead bidder in the GoldenPeaks saleBrookfield Asset Management was already GoldenPeaks’ controlling shareholder going into the bankruptcy. It was also the company’s most junior prepetition lender, with about $294 million outstanding.On June 3, 2026, Brookfield proposed a $162.8 million debtor-in-possession loan to keep the lights on during the restructuring, according to PV Tech.That put Brookfield in a position other creditors didn’t love. It was the controlling shareholder, the prepetition lender, the DIP lender, the DIP agent through its affiliate BID Administrator LLC, and it held two of five board seats.When the court also approved it as the stalking horse bidder on July 9, other creditors objected and said the whole setup was tilted in Brookfield’s favor. The judge didn’t agree.Brookfield already owns a stake in Polenergia, a Polish renewable energy company it bought into in 2021. A successful bid for GoldenPeaks would expand that Eastern European footprint. And because it can credit the debt it’s already owed toward its purchase price, it’s not writing fresh checks the way an outside bidder would have to.What happens next with GoldenPeaks’ 664 megawatt solar portfolioThe 664 megawatts of operational solar capacity is still running. The power purchase agreements with Nestle, Cargill, Mars, Mondelez, Auchan, and Hankook Tire are still in place. GoldenPeaks has a further 592 megawatts in construction or development.Bankruptcy doesn’t kill any of that. It just decides who gets to own it going forward.With Brookfield as the stalking horse, its bid sets the floor. Any competing buyer has to beat that number to take the assets away. Whether other investors show up and what they’re willing to pay is what the auction will answer.The Financial Post reported the court approved Brookfield’s role on July 9, over creditor objections.GoldenPeaks built something real in Poland. The problem was it built it on a structure that couldn’t survive losing the one company holding it all together. When Spectris went down, there wasn’t enough cash or time to replace it.Related: A big shift in the U.S. energy market is about to happen

The U.S. is just a few dozen measles cases away from exceeding the number of cases recorded in 2025.

Live results and scorecards for UFC 329: Conor McGregor vs. Max Holloway 2, plus start times, the full 14-bout card and every ranked fighter. Refresh for updates.

MLB owners want to revamp the draft, reduce it from 20 to 12 rounds, slash the dollar pool, set hard slots, make players be 20 years old, and add an international draft.

It seems that the line between bank and fintech company is increasingly blurring.When I first started out as a reporter, fintech was all the rage. It was the new generation of finance that was going to completely change the banking world.Well, it seems now that things have gone backward, as fintech companies are asking to become regulated by the very industry they once sought to change.  And now the most recent fintech company to ask for a US bank license is also a Buy Now Pay Later app.The bank charter gold rushIt seems everyone in the fintech world wants to get their hands on a banking license.This isn’t new. It’s been happening for several years, according to Bloomberg.But the rate of applications has increased during U.S. President Donald Trump’s second term. The Office of the Comptroller of the Currency received more bank charter applications in the past six months than in the previous four years combined, Fintech Futures found.That might have something to do with an increasingly fast approval rate under the current administration for things like mergers and acquisitions, as sources previously told TheStreet.While some fintechs are applying for banking charters, others are buying it by merging with banks, as in the case of OppFi, TheStreet reported.Fintech companies that want to become banksPayment company Square received a banking license in 2020, according to PYMNTS.com.BNPL company Affirm applied for a banking license in January, reports American Banker.Even PayPal is trying to become a bank, after applying for a charter in 2025, the company announced.  Having a banking license also gives fintechs more leverage to offer more services, and in turn, more customers (and money).Which might explain why BNPL company Klarna has applied to become a licensed bank in the U.S.

Klarna has applied for an ILC bank charter.Getty Images

Banking on a charter loopholePayments provider firm Klarna submitted an application in Utah and with the Federal Deposit Insurance Corporation (FDIC) to become Klarna Bank, it announced July 6.It’s specifically asking for an ILC charter, which allows companies to bypass Federal Reserve oversight if they don’t offer deposit accounts, a loophole that some say should be closed, according to TheBanker.More bank newsPNC launches new app to beat rivals174-year-old bank closing more branchesFintech firm that raised $200 million files for Chapter 7The Swedish firm has been in business since 2017. It’s been offering services to Americans through partner banks since 2019, with access to $91.3 billion in credit, the company said in a press release.”Banking is built on trust,” said Sebastian Siemiatkowski, co-founder and CEO of Klarna. “We’ve seen firsthand the appetite for a fairer, more transparent approach in the U.S., and our own banking license is the natural next step, giving customers tools to borrow responsibly and build financial confidence, while bringing greater competition, innovation, and choice to consumers and merchants alike.”If Klarna’s application is approved, it says it would operate in Utah and bring its banking in-house rather than rely on bank partners.The company went public last year but its stocks have lost about half of their value since then.Related: PayPal bites the bullet on Venmo privacy changes

Cathie Wood, CEO of Ark Investment Management, is known for investing in high-growth tech companies. She’ll even add to positions amid strong gains, and that’s what she just did, adding shares of a megacap stock that has surged 14.8% over the past five days.In 2025, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500’s return of 17.88% in the same period. So far this year, Wood’s flagship Ark Innovation ETF (ARKK) is up 3.05% year to date, while the S&P 500 surged 10.66% as of July 10, Yahoo Finance data shows.Wood gained a reputation after the Ark Innovation ETF delivered a 153% return in 2020. But her style also brings painful losses in bearish markets, as seen in 2022, when the Ark Innovation ETF tumbled more than 60%.Those swings have weighed on Wood’s long-term gains. As of July 10, her Ark Innovation ETF has delivered a five-year annualized return of -8.42%, while the S&P 500 has an annualized return of 11.63% over the same period, according to data from Morningstar.

Over the past 12 months through July 8, the Ark Innovation ETF saw roughly $1.25 billion in net outflows.Getty Images

Cathie Wood flags “the deflationary impact” of tech innovationWood focuses on high-tech companies across artificial intelligence, blockchain, biomedical technology, and robotics. She thinks these businesses have strong growth potential, though their volatility often causes fluctuations in the Ark’s funds.From 2014 to 2024, the Ark Innovation ETF wiped out $7 billion in investor wealth, according to a March 2025 analysis by Morningstar’s analyst Amy Arnott. That made it the third-biggest wealth destroyer among mutual funds and ETFs in Arnott’s ranking. The analyst hasn’t updated her ranking.Wood believes investors have been focusing on the wrong signals as they assess the outlook for inflation, interest rates, and stocks.In a June post on X, Wood said the bond market is increasingly reflecting the deflationary impact of technological innovation, particularly artificial intelligence, rather than the inflation risks many investors still fear.Wood pointed to the continued flattening of the Treasury yield curve despite a sharp rise in oil prices over the past year. In previous cycles, she noted, an energy shock of that magnitude would have pushed long-term yields higher. Related: Cathie Wood buys $2.1M of tumbling AI stockWood believes the bond market is “discounting something much more powerful: the deflationary impact of technological innovation, particularly artificial intelligence, which is beginning to increase productivity across broad swaths of the economy.
”She also said easing tensions with Iran and a decline in oil prices could push inflation even lower.”The next phase of this cycle could be characterized by accelerating growth, declining inflation, falling interest rates, and a strengthening U.S. dollar,” Wood said. “That combination would create a remarkably supportive backdrop for innovation-led equities and the technologies driving the next productivity boom.”But not all investors agree with Wood’s optimism. Over the past 12 months through July 8, the Ark Innovation ETF saw roughly $1.25 billion in net outflows, according to data from ETF research firm VettaFi. Cathie Wood buys $22.8 million of CoreWeave stockOn July 9, Wood’s Ark funds bought 34,080 shares of Meta Platforms (META), according to Ark’s daily trade information. Wood made the purchase as Meta stock climbed 14.8% over the past week. Based on the latest closing price of $669.21, the shares are now worth about $22.8 million.Related: Meta CEO sends warning on its AI goal before earningsMeta shares have lagged much of the broader tech sector this year, rising about 1.4% year to date compared with the Nasdaq Composite’s roughly 13% gain, as investors questioned whether the company’s massive AI spending would translate into meaningful returns.However, sentiment has started to improve. On July 10, Meta shares jumped 6% to their highest level since April, extending gains that began after the company outlined plans to sell excess AI computing capacity. A day earlier, Meta launched Muse Spark 1.1, an AI coding model that will compete with offerings from Anthropic and OpenAI.The launch signals Meta is getting more serious about enterprise AI. BNP Paribas analyst Nick Jones said Muse Spark 1.1 is Meta’s first paid AI model, giving the company an opportunity to monetize its AI products, MarketWatch reported.The rally came despite comments from CEO Mark Zuckerberg earlier this month acknowledging that Meta’s AI reorganization has not gone as planned.According to a Reuters report on July 2, Zuckerberg told employees during an internal town hall that Meta’s AI agents have developed more slowly than expected.”The trajectory of the agentic development over at least the last four months hasn’t really accelerated in the way that we expected,” Zuckerberg said. Still, he expects more meaningful returns from the company’s AI investments within the next three to six months.Meta is expected to spend up to $145 billion on AI infrastructure this year, making it one of the biggest AI spenders among Big Tech.Meta is expected to report second-quarter earnings later this month. Investors will be watching whether AI investments are beginning to support revenue growth while keeping spending under control.The company delivered a strong first quarter, reporting adjusted earnings per share of $7.31 on revenue of $56.31 billion, beating Wall Street estimates on both metrics.On July 2, Wells Fargo analyst Ken Gawrelski raised his price target on Meta to $767 from $765 while maintaining an overweight rating, according to The Fly.Ahead of earnings, the analyst expects “another quarter of robust ad growth and an in-line Q3 revenue guide.” Wells Fargo also expects Meta to reaffirm its aggressive AI spending plans while providing more details on opportunities to lease excess computing capacity, calling it “an improving second half of the year catalyst path.”Meta is not in the top 10 holdings of Wood’s Ark Innovation ETF.Top 10 holdings of the Ark Innovation ETF as of July 10, 2026:Tesla (TSLA): 10.21%Tempus AI (TEM): 5.88%CRISPR Therapeutics (CRSP): 5.00%Robinhood (HOOD): 4.82%Shopify (SHOP): 4.48%Space Exploration Technologies (SPCX): 4.33%Advanced Micro Devices (AMD): 4.32%Coinbase (COIN): 3.84%Beam Therapeutics (BEAM): 3.43%Roblox (RBLX): 3.40%Other than buying Meta shares, Wood’s latest trades included adding shares of Space Exploration Technologies (SPCX), Coinbase Global (COIN), X-Energy (XE), and Recursion Pharmaceuticals (RXRX). She also trimmed positions in Advanced Micro Devices (AMD), Deere (DE), 10x Genomics (TXG), Twist Bioscience (TWST), and Strata Critical Medical (SRTA).Related: IKEA closing key U.S. stores