Republic to Launch Tokenized Shares in Elon Musk's SpaceX
Investment firm Republic is set to let retail investors gain exposure to Elon Musk's SpaceX, one of tech's most coveted startups. Plus, will we see a Truth Social Bitcoin and Ethereum ETF listed on the New York Stock Exchange? CoinDesk's Jennifer Sanasie hosts 'CoinDesk Daily.'
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6 minutes ago
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Century Casinos Announces Sports Betting Partnership With BetMGM in Missouri
MGM Resorts International (NYSE:MGM) is among the 10 Best Casino Stocks To Buy Now. Century Casinos has announced a long-term partnership with MGM Resorts International (NYSE:MGM)'s BetMGM to launch online and mobile sports betting in Missouri at its Century Casino & Hotel Cape Girardeau. Aerial shot of an entertainment resort, its buildings and gaming amenities sprawling along the seafront. BetMGM will use Century's license to run sports betting under the terms of the arrangement, and Century will get a cut of net gaming income, with a minimum guaranteed. The agreement is based on regulatory approvals and permits Century to offer retail sportsbook options at its discretion. Century's strategic position in Missouri's developing sports betting market is strengthened by the agreement. Peter Hoetzinger and Erwin Haitzmann, co-CEOs, stressed the action as a crucial step in improving the value of its licenses in Missouri. BetMGM, founded in 2018 as a joint venture between MGM Resorts International (NYSE:MGM) and Entain Plc, delivers proprietary U.S.-licensed technology and operates major brands like BetMGM, Borgata Casino, and Party Poker. Both companies' goals are to boost their market share and take advantage of the current gaming infrastructure, which is reflected in this agreement. While we acknowledge the potential of MGM 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 best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None.
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6 minutes ago
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Zacks.com featured highlights Deutsche Bank, Juniper Networks, Astronics and Federated Hermes
Chicago, IL – June 27, 2025 – The stocks in this week's article are Deutsche Bank DB, Juniper Networks JNPR, Astronics ATRO and Federated Hermes FHI. Stocks hitting their 52-week high and delivering consistent performance offer attractive opportunities to investors while building a portfolio. This is because stocks near that level are perceived to be winners. However, stocks touching a new 52-week high are often predisposed to profit-taking, resulting in pullbacks and trend reversals. Moreover, given the high price, investors often wonder if the stock is overpriced. While the speculations are not absolutely baseless, all stocks hitting a 52-week high are not necessarily overpriced. In fact, investors might lose out on top gainers in an attempt to avoid the steep such as Deutsche Bank, Juniper Networks, Astronics and Federated Hermes are expected to maintain their momentum and keep scaling new highs. Extensive information on a stock is necessary to understand whether or not there is scope for further upside. Here, we discuss a strategy to find the right stocks. The strategy borrows from the basics of momentum investing. This technique bets on 'buy high, sell higher.' Many times, stocks that hit a 52-week high fail to scale higher despite having potential. This is because investors fear that the stocks are overvalued and expect the price to crash. In fact, overvaluation is natural for most of these stocks as investors' focus (or willingness to pay a premium) has helped them reach the level. But that does not always indicate an impending decline. Factors such as robust sales, surging profit levels, earnings growth prospects and strategic acquisitions that encourage investors to bet on these stocks could keep them motivated if there is no tangible negative. In other words, the momentum might continue. Also, when a string of positive developments dominates the market, investors find their under-reaction unwarranted, even if there are no company-specific driving forces. Here are four stocks, each sporting a Zacks Rank #1, out of the 14 that made it through the screen: Deutsche Bank Aktiengesellschaft continues to benefit from a well-diversified and steadily expanding deposit base. Over the last three years ending 2024, deposits recorded a compound annual growth rate (CAGR) of 3.3%, reflecting stable inflows and client trust across both retail and corporate channels. As of March 31, 2025, total deposits were €665 billion, reflecting year-over-year growth. The stable deposit balance will strengthen the company's balance sheet. The bank maintains a sound liquidity position, with a liquidity coverage ratio of 134% as of March 31, 2025. Its cash, central bank, and interbank balances totaled €159 billion, compared with only €15.1 billion in short-term borrowings. DB has embarked on a digital transformation drive, focusing on cloud migration, AI, and automation to enhance operational efficiency and client services. In May 2025, Deutsche Bank reinforced its strategic partnership with International Business Machines Corporation (IBM) through a new license agreement, gaining greater access to IBM's advanced software solutions, including the watsonx AI portfolio, to streamline workflows, reduce costs, and enhance client services. The Zacks Consensus Estimate for DB's 2025 earnings has moved north by 5.9% to $3.39 per share in the past 30 days. The company surpassed the Zacks Consensus Estimate in two of the trailing four quarters while missing the same twice, the average negative surprise being 66.85%. Juniper is leveraging the 400-gig cycle to capture hyperscale switching opportunities inside the data center. The company is set to capitalize on the increasing demand for data center virtualization, cloud computing and mobile traffic packet/optical convergence. It offers suites of products such as the T4000 core router, QFX data center platform, ACX and PTX packet/optical solution, among others. Juniper is taking significant steps to enhance the adoption of its AI-Native Networking Platform through the introduction of its Blueprint for AI-Native Acceleration. This comprehensive framework is designed to simplify and accelerate the deployment and utilization of AI-driven networking solutions, benefiting enterprises across various sectors. By leveraging Juniper's AI-Native Networking Platform, organizations can expect up to an 85% reduction in operational expenses and a 90% decrease in network trouble tickets. The Zacks Consensus Estimate for JNPR's 2025 earnings has remained steady at $2.08 per share in the past 30 days. The company surpassed the Zacks Consensus Estimate in three of the trailing four quarters while missing the same once, the average negative surprise being 1.31%. Astronics is a manufacturer of specialized lighting and electronics for the cockpit, cabin and exteriors of military, commercial transport and private business jet aircraft. Higher commercial transport sales, primarily related to increased demand from airlines for cabin power and in-flight entertainment as well as connectivity products, backed by growing global commercial air traffic, are expected to bolster ATRO's Aerospace business segment's sales. Higher sales from military aircraft markets, backed by enhanced geopolitical tensions worldwide, are likely to aid this unit's sales growth in the near term. Expanding commercial air traffic worldwide remains a major growth catalyst for ATRO. ATRO also enjoys a solid presence in the defense industry, which provides its portfolio with a diversified cushion against any crisis. Evidently, ATRO made good progress last year in its contract for the U.S. Army Future Long Range Assault Aircraft ('FLRAA') program. With prototypes for this program expected to fly in 2026, the development stage of FLRAA is projected to generate $60-$65 million over the next couple of years for ATRO. The Zacks Consensus Estimate for ATRO's 2025 earnings has remained steady at $1.50 per share in the past 30 days. It has a trailing four-quarter earnings surprise of 55.64%, on average. Federated Hermes is well-positioned to gain from its steady improvement in assets under management (AUM). Backed by a diverse asset mix and strategic acquisitions, the company continues to expand its market presence. Additionally, its decent liquidity position supports sustainable capital distribution activities, reinforcing shareholder value. Federated continues to strengthen its foothold in the money market business, with assets reaching a record $637.1 billion as of March 31, 2025, up 10.1% year over year. Increased money market AUM is expected to provide new fund offerings, benefiting both institutional and retail clients. Also, strategic acquisitions of money market assets depict the buoyancy of Federated in the money market business. Federated maintains a solid financial position, ensuring financial stability and flexibility. As of March 31, 2025, the company's cash and other investments totaled $541.8 million, while long-term debt remained manageable at $348.2 million. The Zacks Consensus Estimate for FHI's 2025 earnings has remained steady at $4.28 per share in the past 30 days. It has a trailing four-quarter earnings surprise of 13.08%, on average. Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back-testing software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your trial to the Research Wizard today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today. For the rest of this Screen of the Week article please visit at: Follow us on Twitter: Join us on Facebook: Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Phone: 312-265-9268 Email: pr@ Visit: provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Deutsche Bank Aktiengesellschaft (DB) : Free Stock Analysis Report Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report Astronics Corporation (ATRO) : Free Stock Analysis Report Federated Hermes, Inc. (FHI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
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7 minutes ago
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US Supreme Court poised to rule in challenge to Texas age-check for online porn
By Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court is expected to rule on Friday in a challenge on free speech grounds to a Texas law that requires pornographic websites to verify the age of users in a case testing the legality of state efforts to keep minors from viewing such material online. A trade group representing adult entertainment performers and companies appealed a lower court's decision allowing the Republican-led state's age-verification mandate, finding that it likely did not violate the U.S. Constitution's First Amendment safeguard against government abridgment of speech. The Texas measure is one of 24 similar ones enacted around the United States, primarily in Republican-governed states, with some set to take effect in the months ahead, according to the Free Speech Coalition, which challenged the law. The law requires websites whose content is more than a third "sexual material harmful to minors" to have all users submit personally identifying information verifying they are at least age 18 to gain access. The case tested the limits of state powers to protect minors from explicit materials deemed by policymakers to be harmful to them with measures that burden the access of adults to constitutionally protected expression. Supreme Court precedents have protected access by adults to non-obscene sexual content on First Amendment grounds, including a 2004 ruling that blocked a federal law similar to the Texas measure. If the 2004 precedent prevents Texas from enforcing its law, then it should be overruled, the state argued, noting how the digital landscape has changed dramatically in the two decades since. The coalition, a trade association of adult content performers, producers and distributors, as well as companies that run pornographic websites including and argued that online age verification unlawfully stifles the free speech rights of adults and exposes them to increasing risks of identity theft, extortion and data breaches. Some sites like Pornhub blocked access entirely in states with age-verification laws. Steps such as content-filtering software or on-device age verification would better protect minors while respecting the rights of adults, according to the challengers. During Jan. 15 arguments in the case, the justices voiced worries about the pervasiveness of pornography online and the ease with which minors are able to access it. Conservative Justice Amy Coney Barrett, the mother of school-age children, noted that minors can get online porn through cellphones, tablets, gaming systems and computers, and noted that there has been an "explosion of addiction to online porn." But some of the justices also expressed concern over the burdens imposed on adults to view constitutionally protected material, debating whether the New Orleans-based 5th U.S. Circuit Court of Appeals should have applied a stricter form of judicial review to the Texas law than the one it actually used that gave deference to legislators. U.S. District Judge David Alan Ezra issued a preliminary injunction in 2023, blocking the law. The 5th Circuit ruled in 2024 that the plaintiffs were unlikely to succeed in their First Amendment challenge to the age-verification requirement, lifting Ezra's injunction on that provision. The 5th Circuit upheld Ezra's injunction against another provision requiring websites to display "health warnings" about viewing pornography. The Supreme Court last year declined to halt enforcement of the law while the case proceeded.
