Here's Why You Should Consider Investing in Parker-Hannifin Stock - Yahoo Finance

Parker-Hannifin CorporationPH has been witnessing strong momentum in its Aerospace Systems segment, driven by strength in commercial and defense end markets across both OEM and aftermarket channels. Organic sales from the segment jumped 13.3% year over year in the fourth quarter of fiscal 2026 (ended June 2026). Orders for the Aerospace Systems unit increased 18% year over year. Management expects the Aerospace Systems segment’s organic sales to increase 7-10% from the year-ago level in fiscal 2027 (ending June 2027). Growth in the Diversified Industrial segment remains another catalyst for the company. In fiscal fourth-quarter 2026, organic sales from the segment rose 4.9% in North America and 6.5% internationally, supported by 15.9% growth in Asia Pacific. Rolling 12-month orders increased 9% in North America and 10% internationally. For fiscal 2027, Parker-Hannifin projects organic sales growth of 5-8% in the North America unit and 4-7% in the International business. The company remains open to acquiring businesses to gain access to new customers, regions and product lines. Acquisitions had a contribution of 1.2% to Parker-Hannifin’s sales growth in fiscal 2026.

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Layer-1 blockchain network Qubic halted operations Sunday after an attacker reportedly exploited weakly generated wallet seeds to drain approximately $1.4 million from more than 1,400 accounts, according to the project. In a statement on X, Qubic said the network was halted at tick 85,371,949, where it remains paused at the time of writing. Qubic said the vulnerability affected wallet seeds generated using any browser on an iPhone or iPad, Safari on a Mac until Oct. 18, 2026, or the Qubic iOS app before July 2025, leading to 2.94 trillion Qubit (QU) stolen. “87.1% of the drained funds never left the Qubic network and remain frozen in place,” said Qubic. “The remaining 12.9% was sent to MEXC, whose team froze the receiving account within about an hour.” The Qubic theft is the latest in a series of attacks tied to weak wallet seeds. In July, Coldcard disclosed that attackers had stolen funds from wallets whose seeds were weakened by a firmware bug. Similar flaws affected Trust Wallet’s browser extension and the Libbitcoin Explorer tool in 2023.