AGP Executive Report
Last update: 11 hours agoSecurities Litigation: Universal Technical Institute cut its FY2026 baseline adjusted EBITDA target to above $135M from $155M+ after weaker high-school auto/diesel starts and a shift toward shorter, lower-margin programs; Levi & Korsinsky says it’s investigating whether investors were adequately warned before the outlook drop. IPO Aftermath: SpaceX shares are down ~17% since its record $85.7B IPO, even as Starlink remains a bright spot with $4.3B revenue and $1.65B operating profit last quarter. Corporate Deals: WEBTOON agreed to invest in RI Games Holdings, taking a 60% majority stake to build games from global webcomic IP. Energy Policy: E.On UK urged the UK to remove green levies from industrial electricity bills, arguing it would lower costs and speed electrification investment. Real Estate: JLL says Hong Kong commercial property investment more than doubled to $3.1B in Q2, driven by retail/office deals and a low base effect. Asset Management & Capital Markets: Axis launched Nifty Energy fund/ETF in India; Motilal Oswal Asset Management crossed ₹2 lakh crore AUM. Law Firm Deadlines Flood: Multiple new class-action notices and lead-plaintiff deadlines hit investors across biotech, fintech, and industrial names, including Primoris, Capricor, Disc Medicine, and Genius Group.
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