First impressions of smart glasses with a display: the Even Realities G2 9to5MacApple said to delay smart glasses launch after Meta backlash MashableApple’s Smart Glasses Will Need to Overcome Meta’s Privacy Reputation Bloomberg.comApple Is Reportedly Worried About Its Non-Creepy Reputation as It Prepares to Enter a Creepy Product Category GizmodoApple Delays Smart Glasses Launch Over Privacy Issues, Report Says CNET

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Shares of Ohio Valley Banc Corp. (OVBC) have lost 0.1% since the company reported its earnings for the quarter ended June 30, 2026. This compares to the S&P 500 Index’s 0.6% gain over the same time frame. Over the past month, the stock lost 3.7% compared with the S&P 500’s 1.3% decline.Ohio Valley Banc’s Earnings SnapshotOhio Valley Banc reported second-quarter 2026 net income of $2.9 million, down 30.5% from $4.2 million in the prior-year quarter. Earnings per share (EPS) declined 30.3% to $0.62 from $0.89 a year ago.For the six months ended June 30, 2026, net income was $7.2 million, down 16.2% from $8.6 million in the comparable period, while EPS fell 16.4% to $1.53 from $1.83. The decline in profitability came despite stronger net interest income, as higher provisions for credit losses weighed on results.Net interest income increased 5.9% to $15.4 million in the second quarter from $14.5 million a year ago and rose 9.4% to $30.3 million for the first half from $27.7 million.OVBC’s Net Interest Income Benefits From Loan GrowthOhio Valley Banc’s core banking operations benefited from expansion in earning assets, particularly loans. Average earning assets increased to $1.59 billion in the second quarter from $1.41 billion a year ago, driven primarily by higher average loan balances.For the first six months of 2026, average loans increased by $152 million year over year, largely within targeted commercial lending segments.OVBC’s net interest margin (NIM), however, moderated during the quarter. Second-quarter 2026 NIM declined to 3.93% from 4.17% in the prior-year period, while the first-half margin decreased slightly to 3.97% from 4.01%. Management attributed the pressure to funding costs rising faster than asset yields, as promotional certificates of deposit and money market accounts increased funding expenses. Ohio Valley Banc noted that growth in earning assets more than offset the margin contraction.Ohio Valley Banc Corp. Price, Consensus and EPS Surprise Ohio Valley Banc Corp. price-consensus-eps-surprise-chart | Ohio Valley Banc Corp. QuoteOhio Valley Banc’s Credit Costs Pressure EarningsA significant factor affecting quarterly results was a higher provision for credit losses. The provision rose to $3.8 million in the second quarter of 2026 from $1.1 million in the prior-year period, an increase of $2.6 million. The increase was primarily related to a $4.5 million rise in specific allocations on two collateral-dependent loans, additional reserves tied to loan growth and quarter-to-date net charge-offs.For the first half of 2026, provision expense increased to $5.4 million from $1.6 million a year ago. OVBC’s elevated credit risk was concentrated in select relationships, including a commercial loan to an automobile dealership and a commercial real estate construction loan, rather than reflecting broad deterioration across the portfolio.Nonperforming loans represented 1.44% of total loans as of June 30, 2026, compared with 0.45% a year earlier, while the allowance for credit losses increased to 1.33% of total loans from 0.99%.OVBC’s Noninterest Income and Expenses Show Mixed TrendsNoninterest income improved in the second quarter of 2026, increasing 11.9% to $3.2 million from $2.8 million a year ago. The increase was supported by a $377,000 unrealized gain on equity securities following a Visa share conversion and higher debit and credit card interchange income, which rose 5.5% year over year. Service charges on deposit accounts rose 7.1% to $774,000 from $723,000.For the first half, however, noninterest income was slightly lower at $6.47 million compared with $6.49 million a year ago, primarily due to the expiration of an electronic refund check and deposit fee agreement.Noninterest expense increased 1.8% to $11.2 million in the second quarter from $11 million, while first-half expenses rose 3.1% to $22.5 million. Higher salaries and employee benefits, software investments and FDIC insurance costs contributed to the increase, partially offset by lower data processing expenses related to a vendor billing recovery.Ohio Valley Banc’s Balance Sheet Growth ContinuesOhio Valley Banc expanded its balance sheet during the first half of 2026. Total assets reached $1.66 billion as of June 30, 2026, up from $1.58 billion as of Dec. 31, 2025. The increase was driven mainly by a $50.1 million rise in total loans and a $32 million increase in Federal Reserve balances.Total deposits also increased from $1.33 billion as of year-end 2025 to $1.41 billion as of June 30, 2026, supported by growth in time deposits and money market accounts. Shareholders’ equity increased to $173.4 million as of June 30, 2026, from $170.3 million at year-end.OVBC’s Management CommentaryCEO Larry Miller said that first-half performance was supported by solid growth in net interest income and a stable NIM. Miller acknowledged that results were affected by increased credit loss provisions but stated that the elevated risk was limited to specific commercial relationships. Management expressed confidence in Ohio Valley Banc’s balance sheet strength and long-term outlook.Ohio Valley Banc’s Other DevelopmentsOhio Valley Banc did not announce any acquisitions, divestitures or major restructuring actions during the quarter. The company continues to operate through The Ohio Valley Bank Company, which has 19 offices across Ohio and West Virginia, and Loan Central, Inc., which operates six consumer finance offices in Ohio.OVBC participated in a Visa exchange offer during the quarter, converting Visa Class B-1 shares into a combination of Visa Class B-3 and Class C common stock. The company recorded a $377,000 gain after marking the Visa Class C shares to fair value. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment Research

Cracker Barrel Old Country Store (CBRL) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The upward trend in estimate revisions for this restaurant operator reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core.The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.Consensus earnings estimates for the next quarter and full year have moved considerably higher for Cracker Barrel Old Country Store, as there has been strong agreement among the covering analysts in raising estimates.The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate:12 Month EPSCurrent-Quarter Estimate RevisionsThe company is expected to earn $0.12 per share for the current quarter, which represents a year-over-year change of -83.8%.Over the last 30 days, two estimates have moved higher for Cracker Barrel compared to no negative revisions. As a result, the Zacks Consensus Estimate has increased 136.74%.Current-Year Estimate RevisionsThe company is expected to earn $0.01 per share for the full year, which represents a change of -99.7% from the prior-year number.In terms of estimate revisions, the trend for the current year also appears quite encouraging for Cracker Barrel. Over the past month, three estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 100.9%.Favorable Zacks RankThanks to promising estimate revisions, Cracker Barrel currently carries a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.Bottom LineWhile strong estimate revisions for Cracker Barrel have attracted decent investments and pushed the stock 6.7% higher over the past four weeks, further upside may still be left in the stock. So, you may consider adding it to your portfolio right away. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment Research

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Every movement you make—walking across a room, lifting a cup of coffee, even blinking your eyes—depends on trillions of microscopic molecular machines working in remarkable coordination. On this ID The Future, host Andrew McDiarmid begins exploring the hidden machinery of muscle with Dr. Robert Waltzer, professor of biology at Belhaven University and longtime researcher and lecturer on intelligent design. First, Dr. Waltzer takes us to right to the microscopic heart of muscle. Then he explains how muscle solves the formidable engineering challenge of repairing and replacing damaged muscle components in real time. This is Part 1 of a two-part conversation. Source

International Business Machines Corporation IBM is framing enterprise AI around control, governance and hybrid deployment rather than a pure model race. That positioning fits clients that need AI to work with regulated data, existing infrastructure and mission-critical applications.The key investor question is whether this strategy can turn early AI demand into durable revenue. IBM has visible traction, but revenue conversion remains gradual and the execution bar is rising.IBM Positions Governance at the Center of AIIBM’s AI architecture is built around watsonx Orchestrate, which management describes as a control plane for building, managing and governing AI agents. The platform is designed to work across clouds and on-premises systems, where many large enterprises still keep sensitive data and critical workloads.Concert adds a unified view of application health, security, compliance and operational performance. Together with related tools for observability, evaluation, identity management and security, the strategy addresses enterprise concerns about trust, access control and governance.IBM Turns AI Demand Into Consulting WorkConsulting is where IBM is seeing early evidence that AI projects are moving beyond pilots. Generative AI represented about half of Consulting signings in the second quarter of 2026 and more than 30% of backlog.The monetization path is still measured. Consulting revenues increased only 1% at constant currency, even as signings rose 6% to $5 billion. Segment profit rose 15.1%, and margin expanded 160 basis points to 12.1%, showing that productivity and delivery discipline are helping offset limited top-line growth.IBM Expands AI Security Through LightwellLightwell extends IBM’s AI strategy into open-source security. The platform is designed as an AI-driven clearinghouse for remediated open-source vulnerabilities, a need that has grown as enterprises rely on more external code inside critical systems.IBM has backed Lightwell with a $5 billion commitment. More than 7,500 remediated package versions were available at launch, and clients can subscribe for $1 million per year. Early adopters include major financial institutions such as Bank of America, BNY, Citi, Goldman Sachs, JPMorgan Chase, Mastercard, Morgan Stanley, Royal Bank of Canada, State Street, Visa and Wells Fargo.IBM Uses Partnerships to Broaden AI AdoptionIBM is also using partnerships to extend its reach. Its collaboration with OpenAI focuses on integrating AI into cybersecurity operations, while the expanded ServiceNow Inc. NOW relationship targets fragmented enterprise data and aging legacy systems.Alphabet Inc. GOOGL, through Google Cloud, is another relevant partner as IBM builds a Google Cloud Practice inside Consulting. That relationship combines IBM’s industry expertise and Consulting Advantage platform with Google Cloud’s Gemini Enterprise AI platform, giving IBM a way to participate in production-scale AI deployment without owning every technology layer.IBM’s AI Push Meets a Legacy Disruption RiskAI can also pressure part of IBM’s legacy-services franchise. Tools such as Anthropic’s Claude Code may automate parts of COBOL exploration, documentation, refactoring and security analysis, areas tied to mainframe modernization.That creates a two-sided issue. IBM can use AI to improve delivery and modernize client systems more efficiently, but automation could reduce reliance on specialized legacy-system services if clients adopt alternative tools at scale.IBM’s Scores Signal Caution on the AI ThemeIBM’s enterprise AI strategy is credible, especially for clients that care about governance, cybersecurity and data control. Still, the investment case needs clearer evidence that AI demand can convert into sustained software and consulting revenue growth.The stock currently carries a Zacks Rank #3 (Hold). Its Value Score of C and Growth Score of C suggest neither valuation nor growth stands out strongly, while the Momentum Score of D and VGM Score of D point to weak share-price trends and limited near-term conviction. For now, IBM’s AI story is progressing, but the scores support a measured view rather than an aggressive one.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Research Chief Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment Research

Corning Incorporated GLW is becoming a more concentrated growth story as AI-related optical demand and solar manufacturing scale take a larger role in its results.The second-quarter beat showed the upside from that shift. It also highlighted the execution burden tied to meeting aggressive revenue targets while protecting margins.Corning’s Q2 Beat Resets the Growth NarrativeCorning reported core revenues of $4.74 billion for the second quarter of 2026, up 17% year over year. Core earnings rose 30% to 78 cents per share.Both figures exceeded the Zacks Consensus Estimate, with revenues beating by 2.9% and earnings topping the consensus mark by 2.6%. Higher volumes, better business mix and operating leverage lifted core operating margin 190 basis points to 20.9%.GLW’s Optical Business Becomes the Core EngineOptical Communications was the clear driver. Segment sales increased 32% year over year to $2.07 billion, while net income jumped 77% to $438 million.Enterprise Networks sales rose 65%, supported by demand for generative artificial intelligence infrastructure and hyperscale data-center expansion. Meta Platforms Inc. META remains relevant to this growth because its long-term AI infrastructure plans are tied to Corning’s optical fiber, cable and connectivity products.Amazon.com Inc. AMZN also deepened the demand backdrop through a multiyear, multibillion-dollar agreement for optical solutions supporting U.S. data centers. NVIDIA Corporation NVDA adds another layer, as its partnership with Corning includes plans to expand U.S. optical connectivity capacity 10 times and domestic fiber production by more than 50%.Corning’s Solar Ramp Adds Growth and Execution RiskSolar revenues climbed 90% year over year to $438 million, making the business one of Corning’s fastest-growing platforms. Sales also increased sequentially as polysilicon, wafer and module operations scaled.The segment still posted a $7 million quarterly loss. An extended maintenance shutdown, equipment upgrades and a transition to a permanent power system added about $30 million of expense versus the first quarter. Management expects sales and profitability to improve beginning in the third quarter.GLW’s Other Segments Show a Mixed Operating PictureGlass Innovations delivered modest growth, with sales up 1% to $1.46 billion and net income up 9% to $354 million. Automotive sales rose 2% to $471 million, while net income increased 4% to $82 million.Life Sciences and Emerging Growth Businesses were weaker. Revenues declined 15% to $294 million, and the segment recorded a $21 million loss. That split leaves near-term growth more dependent on Optical Communications and Solar.Corning’s 2030 Targets Raise the Strategic StakesCorning’s Springboard plan targets annualized sales run rates of $20 billion by the end of 2026, $30 billion by the end of 2028 and $40 billion by the end of 2030. The plan assumes faster growth from AI infrastructure, photonics and solar.The opportunity is sizeable, but the targets raise the bar for execution. Corning must expand manufacturing capacity, meet long-term customer commitments and improve solar profitability without letting ramp costs dilute operating gains.GLW’s Signals Support a Balanced ViewThe bottom line is that GLW has stronger earnings momentum, but its outlook now depends heavily on two businesses that require precise execution. Optical Communications is already producing scale benefits, while Solar still needs to convert revenue growth into consistent profit.The stock currently carries a Zacks Rank #3 (Hold), pointing to a more balanced near-term setup. The Momentum Score of A and Growth Score of B fit the operating acceleration, while the VGM Score of B remains supportive for investors tracking multiple style factors.The Value Score of D is the main offset. It suggests investors should weigh the AI and solar-led growth outlook against a valuation that is already demanding, especially as Corning works to prove that its Springboard targets can translate into sustained profitability.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Research Chief Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment Research

Elon Musk Says SpaceX Short-Sellers Have a "Very Low" Survival Probability. Is He Right? Yahoo Finance

WESCO International WCC posted strong second-quarter 2026 results, with adjusted earnings of $4.57 per share rising 35% year over year. The bottom line topped the Zacks Consensus Estimate of $3.96 by 15.4%.Net sales of $6.67 billion increased 13% from the year-ago quarter. Revenues also surpassed the Zacks Consensus Estimate of $6.4 billion by 4.17%. Organic sales increased 12.6% year over year.Data center activity remained a key growth engine. Data center sales totaled $1.5 billion in the quarter, up about 45% year over year, and accounted for roughly 22.5% of quarterly sales. The total company backlog rose approximately 60% year over year to a record level.WESCO International, Inc. Price, Consensus and EPS Surprise WESCO International, Inc. price-consensus-eps-surprise-chart | WESCO International, Inc. QuoteWCC's Top-Line DetailsThe EES Segment (37.7% of net sales): Sales in the segment were $2.51 billion, up 11.2% year over year. Organic sales increased 10.9% year over year.CSS (40.2%): Sales in the segment were $2.68 billion, up 18.4% year over year. Organic sales rose 17.5% on a year-over-year basis.UBS (22.1%): Sales in the segment were $1.47 billion, up 7% year over year. Organic sales increased 7% year over year.WCC's Operating DetailsThe second-quarter 2026 gross margin was 21.8%, which improved 70 basis points year over year.The adjusted EBITDA margin of 7.3% improved 60 basis points year over year.Selling, general, and administrative expenses were $1.02 billion, up 17.3% year over year. As a percentage of revenues, the figure increased 50 bps year over year to 15.3%.The adjusted operating margin was 6.1%, which improved 50 bps year over year.WCC's Balance Sheet Remains StrongAs of June 30, 2026, cash and cash equivalents were $808.9 million, up from $696.6 million as of March 31, 2026.The long-term debt was $5.91 billion at the end of the second quarter compared with $5.74 billion in the prior quarter, reflecting the issuance of new senior notes used to redeem the 2028 Notes.Net cash provided by operating activities for the second quarter of 2026 totaled $53.7 million. Free cash flow reached $32.3 million.WCC Raises 2026 Outlook After Strong First HalfGiven the exceptional first-half performance and accelerating business momentum, management significantly raised its 2026 outlook. WESCO now expects reported sales of $25.9 to $26.3 billion, organic sales growth of 9% to 11%, adjusted EBITDA margin of 6.9% to 7.1%, and adjusted earnings of $16 to $17.50 per share. Free cash flow guidance was revised to $300 to $600 million from the prior range of $500 to $800 million, reflecting higher working capital needs to support the double-digit sales growth.Zacks Rank & Stocks to ConsiderWESCO currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the broader Zacks Computer and Technology sector are AppFolio APPF, Amkor Technology AMKR and Amphenol APH, each sporting a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.Shares of AppFolio have declined 19.6% year to date. The Zacks Consensus Estimate for APPF’s 2026 earnings is pegged at $6.9 per share, up by 2.2% over the past seven days, indicating an increase of 30.4% year over year.Shares of Amkor Technology have jumped 8.2% year to date. The Zacks Consensus Estimate for AMKR’s 2026 earnings is pegged at $2.08 per share, unchanged over the past 30 days, indicating a rise of 38.7% year over year.Amphenol shares have surged 11.3% year to date. The Zacks Consensus Estimate for APH’s 2026 earnings is pegged at $4.87 per share, up 7 cents over the past 30 days, indicating an increase of 45.8% year over year. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment Research

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Tesla has officially started shipping its first Megapack energy storage units built with American-made Lithium Iron Phosphate (LFP) battery cells. According to an update shared by the Tesla Megapack team, these domestic LFP cells are produced at Tesla’s facility in Sparks, Nevada. Once manufactured, the cells are sent to the company’s Megafactory in Lathrop, California, […] The post Tesla Begins Shipping First Megapacks Powered by American-Made LFP Cells appeared first on TeslaNorth.com.

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