7 days ago
The AI boom is forcing some of technology's biggest cash machines to behave more like utilities. On July 22, Reuters reported that Microsoft Corporation (NASDAQ:MSFT), Oracle Corporation (NYSE:ORCL), and three other hyperscalers are expected to spend more on capital expenditures than they generate in combined free cash flow by 2027. From 2025 through 2027, their annual operating cash flow is projected to rise by $340 billion, versus a $534 billion increase in capex. Microsoft and Oracle, however, are not carrying the same risk.
Microsoft showed the squeeze in fiscal Q2. Operating cash flow was $35.8 billion, while capex including finance leases reached $37.5 billion. That does not mean the company burned cash: Microsoft reported $5.9 billion of conventional free cash flow because that measure deducts cash property and equipment purchases, not newly originated finance leases.
Carol Gauthier/Shutterstock.com
Fiscal Q3, however, was stronger. Operating cash flow rose to $46.7 billion and free cash flow reached $15.8 billion, even after $30.9 billion of cash property and equipment spending. Its AI business also passed a $37 billion annual revenue run rate. Microsoft can finance the buildout. The question is whether Azure and Copilot can generate nice returns before expensive GPUs depreciate or become obsolete.
Oracle has a more immediate cash problem. In fiscal 2026, it spent $55.7 billion on capex against $32 billion of operating cash flow, leaving free cash flow at negative $23.7 billion. Demand is real: cloud revenue grew 39% to $34 billion, and remaining performance obligations reached $638 billion. But backlog is not cash. Oracle must construct capacity before much of that revenue arrives, and plans to raise $45 billion to $50 billion through debt and equity.
#operating #free
Microsoft showed the squeeze in fiscal Q2. Operating cash flow was $35.8 billion, while capex including finance leases reached $37.5 billion. That does not mean the company burned cash: Microsoft reported $5.9 billion of conventional free cash flow because that measure deducts cash property and equipment purchases, not newly originated finance leases.
Carol Gauthier/Shutterstock.com
Fiscal Q3, however, was stronger. Operating cash flow rose to $46.7 billion and free cash flow reached $15.8 billion, even after $30.9 billion of cash property and equipment spending. Its AI business also passed a $37 billion annual revenue run rate. Microsoft can finance the buildout. The question is whether Azure and Copilot can generate nice returns before expensive GPUs depreciate or become obsolete.
Oracle has a more immediate cash problem. In fiscal 2026, it spent $55.7 billion on capex against $32 billion of operating cash flow, leaving free cash flow at negative $23.7 billion. Demand is real: cloud revenue grew 39% to $34 billion, and remaining performance obligations reached $638 billion. But backlog is not cash. Oracle must construct capacity before much of that revenue arrives, and plans to raise $45 billion to $50 billion through debt and equity.
#operating #free
9 days ago
XLU trades at 23x earnings, which is above its 17x historical norm, as Constellation and Vistra add direct AI data center power pricing exposure.
VPU delivers similar returns to XLU with broader diversification, while RSPU prevents any one stock from dominating the way NextEra does at 14%.
Don't wait: the **** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Utility stocks returned to focus in 2026 as artificial intelligence data center demand strained the power grid. That backdrop has pushed investors back into sector funds like the Utilities Select Sector SPDR Fund (NYSEARCA:XLU), the Vanguard Utilities ETF (NYSEARCA:VPU), the Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU), and the actively managed Virtus Reaves Utilities ETF (NYSEARCA:UTES).
XLU sits at the center of the conversation. The fund carries a 0.08% net expense ratio, has climbed roughly 8% year to date, and pays a 2.6% dividend yield. The question for investors is whether that combination still offers the stability the sector is known for after a re-rating driven more by AI narratives than by regulated returns.
VPU delivers similar returns to XLU with broader diversification, while RSPU prevents any one stock from dominating the way NextEra does at 14%.
Don't wait: the **** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Utility stocks returned to focus in 2026 as artificial intelligence data center demand strained the power grid. That backdrop has pushed investors back into sector funds like the Utilities Select Sector SPDR Fund (NYSEARCA:XLU), the Vanguard Utilities ETF (NYSEARCA:VPU), the Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU), and the actively managed Virtus Reaves Utilities ETF (NYSEARCA:UTES).
XLU sits at the center of the conversation. The fund carries a 0.08% net expense ratio, has climbed roughly 8% year to date, and pays a 2.6% dividend yield. The question for investors is whether that combination still offers the stability the sector is known for after a re-rating driven more by AI narratives than by regulated returns.
19 days ago
Artisan Partners, an investment management firm, issued its first-quarter 2026 investor letter for the "Artisan Mid Cap Value Fund". A copy of this letter is available for download here. In Q1 2026, the portfolio underperformed the benchmark Russell Midcap Value Index as the market favored momentum-driven stocks over quality factors. Some holdings faced company-specific setbacks and negative sentiment. The Fund's Investor Class: ARTQX returned -4.93%, Advisor Class: APDQX declined by -4.90%, and Institutional Class: APHQX fell by -4.97%, all trailing the Index's 3.68% gain. The equity market in the quarter was mixed, with mid- and small-cap indices showing resilience despite lagging large-cap growth stocks. Volatility increased, initially fueled by interest in AI and private credit, but escalated after the outbreak of war in Iran, leading to rising oil prices. Sector performance varied, with energy leading the gains. The Fund continues to seek companies capable of value growth during market dislocations at attractive entry points. Also, review the Fund's top five holdings to see its best picks for 2026.
In its first-quarter 2026 investor letter, Artisan Mid Cap Value Fund highlighted Brown & Brown, Inc. (NYSE:BRO) as a newly added position. Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm that operates through Retail and Specialty Distribution segments. On July 7, 2026, Brown & Brown, Inc. (NYSE:BRO) closed at $69.27 per share, reflecting a market capitalization of $23.48 billion. Brown & Brown, Inc. (NYSE:BRO) posted a one-month return of 15.10%, while its shares lost 35.94% over the past 52 weeks.
Artisan Mid Cap Value Fund stated the following regarding Brown & Brown, Inc. (NYSE:BRO) in its Q1 2026 investor letter:
"We initiated six new positions in Q1, representing an above-average rate of new purchase activity. Increased market volatility and greater dispersion in US equities during the quarter created more opportunities to add new names that meet our three margin-of-safety criteria: attractive business economics, sound financial condition and attractive valuation. Additionally, we sought to use recent volatility to upgrade the portfolio's quality. Our three largest new buys by position size were Brown & Brown, Inc. (NYSE:BRO), Veralto and IQVIA Holdings.
Brown & Brown is a leading US insurance broker focused on the middle market. The shares have come under pressure alongside the broader broker group, as investors recalibrated expectations following a period of elevated growth driven by a hard insurance market. As pricing and growth have begun to normalize, valuations have compressed, creating what we believe is a more attractive entry point. From a business economics perspective, insurance brokerage is a compelling model. Brokers act as intermediaries without taking underwriting risk, resulting in high margins, low capital intensity and strong free cash flow conversion, supported by high customer retention. Brown & B
In its first-quarter 2026 investor letter, Artisan Mid Cap Value Fund highlighted Brown & Brown, Inc. (NYSE:BRO) as a newly added position. Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm that operates through Retail and Specialty Distribution segments. On July 7, 2026, Brown & Brown, Inc. (NYSE:BRO) closed at $69.27 per share, reflecting a market capitalization of $23.48 billion. Brown & Brown, Inc. (NYSE:BRO) posted a one-month return of 15.10%, while its shares lost 35.94% over the past 52 weeks.
Artisan Mid Cap Value Fund stated the following regarding Brown & Brown, Inc. (NYSE:BRO) in its Q1 2026 investor letter:
"We initiated six new positions in Q1, representing an above-average rate of new purchase activity. Increased market volatility and greater dispersion in US equities during the quarter created more opportunities to add new names that meet our three margin-of-safety criteria: attractive business economics, sound financial condition and attractive valuation. Additionally, we sought to use recent volatility to upgrade the portfolio's quality. Our three largest new buys by position size were Brown & Brown, Inc. (NYSE:BRO), Veralto and IQVIA Holdings.
Brown & Brown is a leading US insurance broker focused on the middle market. The shares have come under pressure alongside the broader broker group, as investors recalibrated expectations following a period of elevated growth driven by a hard insurance market. As pricing and growth have begun to normalize, valuations have compressed, creating what we believe is a more attractive entry point. From a business economics perspective, insurance brokerage is a compelling model. Brokers act as intermediaries without taking underwriting risk, resulting in high margins, low capital intensity and strong free cash flow conversion, supported by high customer retention. Brown & B
26 days ago
CEVA, Inc. (NASDAQ:CEVA) is one of the Best Small-Cap Semiconductor Stocks to Buy Right Now. Recently, on June 15, Needham initiated CEVA, Inc. (NASDAQ:CEVA) with a Buy rating and a $55 price target.
The stock has gained roughly 4% over the past month, mainly due to the strong momentum from Q1 2026 earnings. The company witnessed licensing growth during the quarter and also raised the full-year guidance to the top end of its 8% to 12% growth range.
Needham sees CEVA as an attractive play on the emerging Physical AI sector. The firm believes that Physical AI requires a much broader set of semiconductors beyond just compute and memory. The company is well positioned in this sector and holds a 68% global market share in wireless connectivity, alongside strong positions in sensing and DSP/NPU technology.
Needham acknowledges that widespread Physical AI adoption is likely still more than two years away, but remains bullish on the stock, expecting significant upside in the near-term.
CEVA, Inc. (NASDAQ:CEVA) delivers silicon and software IP that facilitates smart edge devices to connect, sense, and process data. Established in 1999, the company is based in Rockville, Maryland.
The stock has gained roughly 4% over the past month, mainly due to the strong momentum from Q1 2026 earnings. The company witnessed licensing growth during the quarter and also raised the full-year guidance to the top end of its 8% to 12% growth range.
Needham sees CEVA as an attractive play on the emerging Physical AI sector. The firm believes that Physical AI requires a much broader set of semiconductors beyond just compute and memory. The company is well positioned in this sector and holds a 68% global market share in wireless connectivity, alongside strong positions in sensing and DSP/NPU technology.
Needham acknowledges that widespread Physical AI adoption is likely still more than two years away, but remains bullish on the stock, expecting significant upside in the near-term.
CEVA, Inc. (NASDAQ:CEVA) delivers silicon and software IP that facilitates smart edge devices to connect, sense, and process data. Established in 1999, the company is based in Rockville, Maryland.
26 days ago
SOXX surged 96% year-to-date then shed nearly 8% in one week after Broadcom's softer AI chip forecast and SK Hynix slowed memory expansion.
Unlike SMH's NVIDIA-heavy concentration, SOXX's tilt toward Applied Materials and Micron means equipment booking cancellations hit three top weights simultaneously.
Michael Burry holds a January 2027 $330 put on SOXX, betting hyperscaler capex cuts below $1 trillion will unwind the fund's premium valuation.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
The iShares Semiconductor ETF (NASDAQ:SOXX) has had one of the most violent round trips in its history. SOXX is up 96% year to date and 148% over the past 12 months, yet it just shed almost 8% in a single week, closing near $590. That whipsaw, triggered by Broadcom's softer AI chip sales forecast and SK Hynix slowing its AI memory expansion, is exactly why the next 12 months for SOXX will hinge on two specific signals, not a generic tech narrative.
Unlike SMH's NVIDIA-heavy concentration, SOXX's tilt toward Applied Materials and Micron means equipment booking cancellations hit three top weights simultaneously.
Michael Burry holds a January 2027 $330 put on SOXX, betting hyperscaler capex cuts below $1 trillion will unwind the fund's premium valuation.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
The iShares Semiconductor ETF (NASDAQ:SOXX) has had one of the most violent round trips in its history. SOXX is up 96% year to date and 148% over the past 12 months, yet it just shed almost 8% in a single week, closing near $590. That whipsaw, triggered by Broadcom's softer AI chip sales forecast and SK Hynix slowing its AI memory expansion, is exactly why the next 12 months for SOXX will hinge on two specific signals, not a generic tech narrative.
27 days ago
As companies struggle to integrate AI, they're increasingly ready to bring in outside help — and service providers are launching new purpose-built groups to make sure they get it.
On Tuesday, Amazon Web Services (AWS) launched a new internal organization for AI-focused forward-deployed engineers. Engineers on the new team will embed within companies to deploy purpose-built agents, focusing on fast engagements and customer self-sufficiency.
In a post announcing the new org, AWS VP of Frontier AI Francessca Vasquez emphasized that the org would do more than build and maintain requested systems. "Customers leave AWS FDE deployments with both new solutions and new engineering capabilities," the announcement reads. "Along with agentic systems running in their own AWS environment, they gain lasting AI skills, workflows, and patterns they can use to innovate independently."
Amazon says $1 billion will be committed to the new org, although the figure represents internal Amazon resources rather than a joint venture or conventional investment.
Pioneered by Palantir, the forward-deployed engineer (FDE) model has become increasingly popular as a way to manage AI deployments. In a typical FDE system, an engineer from the contracting company (in this case, AWS) works for the client temporarily while the system is being established, allowing them to respond directly as internal opportunities or challenges emerge.
On Tuesday, Amazon Web Services (AWS) launched a new internal organization for AI-focused forward-deployed engineers. Engineers on the new team will embed within companies to deploy purpose-built agents, focusing on fast engagements and customer self-sufficiency.
In a post announcing the new org, AWS VP of Frontier AI Francessca Vasquez emphasized that the org would do more than build and maintain requested systems. "Customers leave AWS FDE deployments with both new solutions and new engineering capabilities," the announcement reads. "Along with agentic systems running in their own AWS environment, they gain lasting AI skills, workflows, and patterns they can use to innovate independently."
Amazon says $1 billion will be committed to the new org, although the figure represents internal Amazon resources rather than a joint venture or conventional investment.
Pioneered by Palantir, the forward-deployed engineer (FDE) model has become increasingly popular as a way to manage AI deployments. In a typical FDE system, an engineer from the contracting company (in this case, AWS) works for the client temporarily while the system is being established, allowing them to respond directly as internal opportunities or challenges emerge.
28 days ago
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Updated June 29, 2026 9:36 am ET
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(2 min)
British American Tobacco BATS -0.85%
decrease; down pointing triangle
plans to shrink its workforce by nearly a fifth, as the cigarette maker cuts and outsources jobs in an effort to reduce costs and simplify its operations.
Updated June 29, 2026 9:36 am ET
Listen
(2 min)
British American Tobacco BATS -0.85%
decrease; down pointing triangle
plans to shrink its workforce by nearly a fifth, as the cigarette maker cuts and outsources jobs in an effort to reduce costs and simplify its operations.
1 month ago
SpaceX (NASDAQ: SPCX) stock suffered a huge pullback in its second full week of trading following its initial public offering on June 12. The company's share price declined 20.2% in a week of trading that saw the S&P 500 decline roughly 2%, and the Nasdaq Composite fall 4.6%.
In addition to bearish momentum for the broader market, ****** eX's valuation contracted in conjunction with fading post-IPO excitement. The company's share price closed out the week down roughly 4.8% from the $160.95 per share price it had on the day of its public debut, and the stock is now down 24% from its high.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
By most measures, ****** eX's IPO was an enormous success. The company's share price surged above its initial listing price of $135 per share, and it still trades up 13.5% compared to that level. The tech specialist had the biggest IPO in history, and its first stock sale allowed the company to raise $85.7 billion.
On the other hand, early excitement surrounding the company's public debut clearly faded this week. Bearish momentum for the broader market tied to concerns about artificial intelligence (AI) chip stocks likely weighed on ****** eX because the company is making AI processing services a focal point of its growth strategy, and investors hoping to score more quick gains with the stock moved out of positions as positive momentum began to fade.
In addition to bearish momentum for the broader market, ****** eX's valuation contracted in conjunction with fading post-IPO excitement. The company's share price closed out the week down roughly 4.8% from the $160.95 per share price it had on the day of its public debut, and the stock is now down 24% from its high.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
By most measures, ****** eX's IPO was an enormous success. The company's share price surged above its initial listing price of $135 per share, and it still trades up 13.5% compared to that level. The tech specialist had the biggest IPO in history, and its first stock sale allowed the company to raise $85.7 billion.
On the other hand, early excitement surrounding the company's public debut clearly faded this week. Bearish momentum for the broader market tied to concerns about artificial intelligence (AI) chip stocks likely weighed on ****** eX because the company is making AI processing services a focal point of its growth strategy, and investors hoping to score more quick gains with the stock moved out of positions as positive momentum began to fade.
1 month ago
Meta Platforms, Inc. (NASDAQ:META) is one of the safe stocks for beginners to buy in 2026. Reuters discussed on June 25 that Kunal Shah, who is now taking charge of Meta Platforms, Inc.'s (NASDAQ:META) WhatsApp, who does not hold an engineering degree or Silicon Valley pedigree, has spent two decades building businesses around digital payments and consumer behaviour in India. Chief Product Officer Chris ******* wrote in an internal memo that Meta Platforms, Inc. (NASDAQ:META) was on the lookout for a leader with "an intuitive grasp of the immense, global product potential for WhatsApp". In the note reviewed by Reuters, ******* stated that: "Over the course of the (now many) conversations I've had with Kunal through this courting process, he has shown an immense entrepreneurial energy combined with a natural humanism".
In a separate development, DoubleVerify announced on June 22 the expansion of DV Authentic AdVantage™ to Meta Platforms, Inc. (NASDAQ:META) and TikTok. DoubleVerify is a software platform involved with verifying media quality, optimizing ad performance, and proving campaign outcomes. It stated that the solution combines pre-bid media quality protection, independent measurement, and AI-powered campaign optimization, allowing advertisers to bolster media quality, improve performance, and drive greater efficiency across digital advertising environments.
Meta Platforms, Inc. (NASDAQ:META) builds technological products that allow people to share, connect, grow businesses, and find communities. These products help people connect through personal computers, mobile devices, virtual reality (VR), mixed reality (MR) headsets, and wearables.
While we acknowledge the potential of META 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: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
In a separate development, DoubleVerify announced on June 22 the expansion of DV Authentic AdVantage™ to Meta Platforms, Inc. (NASDAQ:META) and TikTok. DoubleVerify is a software platform involved with verifying media quality, optimizing ad performance, and proving campaign outcomes. It stated that the solution combines pre-bid media quality protection, independent measurement, and AI-powered campaign optimization, allowing advertisers to bolster media quality, improve performance, and drive greater efficiency across digital advertising environments.
Meta Platforms, Inc. (NASDAQ:META) builds technological products that allow people to share, connect, grow businesses, and find communities. These products help people connect through personal computers, mobile devices, virtual reality (VR), mixed reality (MR) headsets, and wearables.
While we acknowledge the potential of META 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: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
1 month ago
Applied Materials, Inc. (NASDAQ:AMAT) is one of the 10 All-Time High Stocks with Legs to Rally Further.
On June 22, 2026, Wells Fargo raised its price target on Applied Materials, Inc. (NASDAQ:AMAT) to $715 from $520 and maintained an Overweight rating. Wells Fargo expects continued positive semiconductor capital equipment results in Q2.
On June 17, Citi ****** yst Atif Malik raised the firm's price target on Applied Materials to $710 from $550 and maintained a Buy rating. Citi updated targets across the semiconductor equipment group based on its wafer fab equipment "bull case" and 2028 earnings estimates. Malik also cited a "widening gap" between needed DRAM and available supply as a driver of complementary solutions.
On June 15, Applied Materials introduced new deposition and etch systems for precision processing in deep and narrow 3D structures. Prabu Raja, president of the semiconductor products group, said the "biggest opportunities are increasingly found in materials engineering," as chipmakers seek to extend scaling in logic and memory.
Applied Materials, Inc. (NASDAQ:AMAT) provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries.
On June 22, 2026, Wells Fargo raised its price target on Applied Materials, Inc. (NASDAQ:AMAT) to $715 from $520 and maintained an Overweight rating. Wells Fargo expects continued positive semiconductor capital equipment results in Q2.
On June 17, Citi ****** yst Atif Malik raised the firm's price target on Applied Materials to $710 from $550 and maintained a Buy rating. Citi updated targets across the semiconductor equipment group based on its wafer fab equipment "bull case" and 2028 earnings estimates. Malik also cited a "widening gap" between needed DRAM and available supply as a driver of complementary solutions.
On June 15, Applied Materials introduced new deposition and etch systems for precision processing in deep and narrow 3D structures. Prabu Raja, president of the semiconductor products group, said the "biggest opportunities are increasingly found in materials engineering," as chipmakers seek to extend scaling in logic and memory.
Applied Materials, Inc. (NASDAQ:AMAT) provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries.
1 month ago
Pegasystems Inc. (NASDAQ:PEGA) is one of the 10 Best 52-Week Low Technology Stocks to Buy According to ****** ysts. Pegasystems Inc. (NASDAQ:PEGA) has seen bullish ****** yst activity recently. On June 10, Lucky Schreiner of D.A. Davidson reiterated a Buy rating on the stock and ****** igned a target price of $55. The ****** yst price target reflects a significant 87% upside from current levels.
Earlier, on June 8, PEGA announced that it had completed the transition to a subscription-based model. The AI tailwind continues to help the company in its growth plans, though investor sentiment hasn't yet turned positive. The software company highlighted strong recurring revenue from its cloud business, with Pega Cloud ACV rising from 16% in Q1 2024 to 29% in 2026. As a result, the company reported improved profitability, with stronger gross and operating margins. In addition, its free cash flow has significantly improved, rising from modest levels in 2022 to over half a billion dollars annually.
Moreover, the management sees additional growth in recurring revenue streams. It plans to achieve this through selling more products and services to existing customers, winning new clients through its Blueprint AI platform, and expanding its cloud business. The company also reported strong sales momentum, with its overall sales growing 29% year over year.
Pegasystems Inc. (NASDAQ:PEGA) develops, markets, hosts, and supports enterprise software. It offers Pega Infinity, software that helps businesses improve customer engagement and automate workflows. The company offers its software across a wide range of industries, including financial services, healthcare, communications, government, insurance, and technology. It was founded in 1983 and is headquartered in Waltham, Massachusetts.
While we acknowledge the potential of PEGA 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.
Earlier, on June 8, PEGA announced that it had completed the transition to a subscription-based model. The AI tailwind continues to help the company in its growth plans, though investor sentiment hasn't yet turned positive. The software company highlighted strong recurring revenue from its cloud business, with Pega Cloud ACV rising from 16% in Q1 2024 to 29% in 2026. As a result, the company reported improved profitability, with stronger gross and operating margins. In addition, its free cash flow has significantly improved, rising from modest levels in 2022 to over half a billion dollars annually.
Moreover, the management sees additional growth in recurring revenue streams. It plans to achieve this through selling more products and services to existing customers, winning new clients through its Blueprint AI platform, and expanding its cloud business. The company also reported strong sales momentum, with its overall sales growing 29% year over year.
Pegasystems Inc. (NASDAQ:PEGA) develops, markets, hosts, and supports enterprise software. It offers Pega Infinity, software that helps businesses improve customer engagement and automate workflows. The company offers its software across a wide range of industries, including financial services, healthcare, communications, government, insurance, and technology. It was founded in 1983 and is headquartered in Waltham, Massachusetts.
While we acknowledge the potential of PEGA 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.
1 month ago
Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the "Carillon Eagle Small Cap Growth Fund". A copy of the letter can be downloaded here. Small-cap stocks delivered mixed results in the quarter as the market favored value stocks over growth. The Russell 2000 Growth Index fell 2.82% in the quarter, while the Russell 2000® Value Index increased 4.96%. The first quarter saw equity market volatility due to Iran strikes, boosting energy prices. The firm is optimistic that the turbulence in the market will be short-lived, with improved valuations and potential positive developments from de-escalation in the Middle East. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Carillon Eagle Small Cap Growth Fund highlighted Modine Manufacturing Company (NYSE:MOD) as a notable contributor. Modine Manufacturing Company (NYSE:MOD) is an industrial company that focuses on thermal management products and solutions. On June 23, 2026, Modine Manufacturing Company (NYSE:MOD) closed at $277.46 per share. One-month return of Modine Manufacturing Company (NYSE:MOD) was -0.09%, and its shares gained 173.30% over the past 52 weeks. Modine Manufacturing Company (NYSE:MOD) has a market capitalization of $14.65 billion.
Carillon Eagle Small Cap Growth Fund stated the following regarding Modine Manufacturing Company (NYSE:MOD) in its Q1 2026 investor letter:
"Modine Manufacturing Company (NYSE:MOD) provides mission critical thermal management solutions. It delivered strong performance driven by its growing exposure to data center cooling. The company is well positioned to benefit from accelerating investment in high-performance computing and artificial intelligence infrastructure. Management raised expectations during the quarter, indicating they now expect to significantly exceed their recently issued multi-year data center revenue targets. The announced sale of its Performance Technologies segment – serving lower-growth, lower-margin automotive and transportation markets – transforms the company into a more focused, higher-growth pure play on data centers and commercial heating, ventilation, and air conditioning (HVAC). This enhances its long-term growth profile."
Modine Manufacturing Company (NYSE:MOD) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 61 hedge fund portfolios held Modine Manufacturing Company (NYSE:MOD) at the end of the first quarter, up from 59 in the previous quarter. In the fourth quarter of fiscal 2026, Modine Manufacturing Company's (NYSE:MOD) revenue increased 47% driven by growth in its Climate Solutions segment. While we acknowledge the potential of Modine Manufacturing Company (NYSE:MOD) 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 s
In its first-quarter 2026 investor letter, Carillon Eagle Small Cap Growth Fund highlighted Modine Manufacturing Company (NYSE:MOD) as a notable contributor. Modine Manufacturing Company (NYSE:MOD) is an industrial company that focuses on thermal management products and solutions. On June 23, 2026, Modine Manufacturing Company (NYSE:MOD) closed at $277.46 per share. One-month return of Modine Manufacturing Company (NYSE:MOD) was -0.09%, and its shares gained 173.30% over the past 52 weeks. Modine Manufacturing Company (NYSE:MOD) has a market capitalization of $14.65 billion.
Carillon Eagle Small Cap Growth Fund stated the following regarding Modine Manufacturing Company (NYSE:MOD) in its Q1 2026 investor letter:
"Modine Manufacturing Company (NYSE:MOD) provides mission critical thermal management solutions. It delivered strong performance driven by its growing exposure to data center cooling. The company is well positioned to benefit from accelerating investment in high-performance computing and artificial intelligence infrastructure. Management raised expectations during the quarter, indicating they now expect to significantly exceed their recently issued multi-year data center revenue targets. The announced sale of its Performance Technologies segment – serving lower-growth, lower-margin automotive and transportation markets – transforms the company into a more focused, higher-growth pure play on data centers and commercial heating, ventilation, and air conditioning (HVAC). This enhances its long-term growth profile."
Modine Manufacturing Company (NYSE:MOD) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 61 hedge fund portfolios held Modine Manufacturing Company (NYSE:MOD) at the end of the first quarter, up from 59 in the previous quarter. In the fourth quarter of fiscal 2026, Modine Manufacturing Company's (NYSE:MOD) revenue increased 47% driven by growth in its Climate Solutions segment. While we acknowledge the potential of Modine Manufacturing Company (NYSE:MOD) 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 s
1 month ago
By Jan Wolfe
WASHINGTON, June 23 (Reuters) - The U.S. Supreme Court made it easier on Tuesday for U.S. companies to seek compensation from Cuba's government for property seized decades ago by former leader Fidel Castro's government, ruling in favor of ExxonMobil in its lawsuit against Cuban state-owned firm Corporación CIMEX.
In a 6-3 decision, the court said a legal defense called foreign sovereign immunity, which generally prohibits U.S. lawsuits against foreign governments and their agents, is not available in cases like the one Exxon brought against CIMEX under a 1996 U.S. law called the Helms-Burton Act.
Conservative Justice Brett Kavanaugh, who authored the ruling, wrote that the 30-year-old federal law "abrogates the sovereign immunity of Cuban agencies and instrumentalities."
"The Helms-Burton Act authorizes private suits against Cuban agencies and instrumentalities — suits that would largely be nonstarters if subjected to the FSIA's requirements," Kavanaugh wrote, referring to the Foreign Sovereign Immunities Act of 1976.
WASHINGTON, June 23 (Reuters) - The U.S. Supreme Court made it easier on Tuesday for U.S. companies to seek compensation from Cuba's government for property seized decades ago by former leader Fidel Castro's government, ruling in favor of ExxonMobil in its lawsuit against Cuban state-owned firm Corporación CIMEX.
In a 6-3 decision, the court said a legal defense called foreign sovereign immunity, which generally prohibits U.S. lawsuits against foreign governments and their agents, is not available in cases like the one Exxon brought against CIMEX under a 1996 U.S. law called the Helms-Burton Act.
Conservative Justice Brett Kavanaugh, who authored the ruling, wrote that the 30-year-old federal law "abrogates the sovereign immunity of Cuban agencies and instrumentalities."
"The Helms-Burton Act authorizes private suits against Cuban agencies and instrumentalities — suits that would largely be nonstarters if subjected to the FSIA's requirements," Kavanaugh wrote, referring to the Foreign Sovereign Immunities Act of 1976.
1 month ago
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1 month ago
Netflix, Inc. (NASDAQ:NFLX) is one of the 12 High Quality Stocks to Buy for the Long Term.
On June 15, 2026, iHeartMedia and Netflix, Inc. (NASDAQ:NFLX) announced the next phase of their exclusive video podcast partnership. The expanded lineup adds new iHeartPodcasts as video shows on Netflix, including programs hosted by Kate Hudson and Oliver Hudson, Lele Pons, and Martha Stewart. The agreement includes new episodes from the podcast lineup, as well as select library episodes from each show.
On June 18, 2026, Citizens **** yst Matthew Condon said consensus 2027 revenue expectations for Netflix, Inc. (NASDAQ:NFLX) appear to already **** ume a future price increase, limiting potential upside even if pricing actions occur as expected. Condon also cited softer engagement **** umptions and a lack of clear near-term catalysts, while acknowledging the company's structural scale and distribution advantages. Citizens reiterated a Market Perform rating on the shares.
mollie-sivaram-yubCnXAA3H8-unsplash
According to a regulatory filing, Netflix, Inc. (NASDAQ:NFLX) said its Board of Directors appointed Jay Hoag as Chairman of the Board, effective at the conclusion of the Annual Meeting on May 29, 2026. Hoag had served as Lead Independent Director since 2012 and currently chairs the Nominating and Governance Committee. The Board determined that a separate Lead Independent Director is no longer needed because Hoag is an independent director under applicable SEC rules and Nasdaq listing standards.
On June 15, 2026, iHeartMedia and Netflix, Inc. (NASDAQ:NFLX) announced the next phase of their exclusive video podcast partnership. The expanded lineup adds new iHeartPodcasts as video shows on Netflix, including programs hosted by Kate Hudson and Oliver Hudson, Lele Pons, and Martha Stewart. The agreement includes new episodes from the podcast lineup, as well as select library episodes from each show.
On June 18, 2026, Citizens **** yst Matthew Condon said consensus 2027 revenue expectations for Netflix, Inc. (NASDAQ:NFLX) appear to already **** ume a future price increase, limiting potential upside even if pricing actions occur as expected. Condon also cited softer engagement **** umptions and a lack of clear near-term catalysts, while acknowledging the company's structural scale and distribution advantages. Citizens reiterated a Market Perform rating on the shares.
mollie-sivaram-yubCnXAA3H8-unsplash
According to a regulatory filing, Netflix, Inc. (NASDAQ:NFLX) said its Board of Directors appointed Jay Hoag as Chairman of the Board, effective at the conclusion of the Annual Meeting on May 29, 2026. Hoag had served as Lead Independent Director since 2012 and currently chairs the Nominating and Governance Committee. The Board determined that a separate Lead Independent Director is no longer needed because Hoag is an independent director under applicable SEC rules and Nasdaq listing standards.
1 month ago
Saint Petersburg, Florida-based Jabil Inc. (JBL) provides engineering, manufacturing, and supply chain solutions. Valued at a market cap of $39.2 billion, the company's expansive product and service capabilities span complex electronic design, industrial design engineering, rapid prototyping, and automated ***** embly, as well as advanced circular economy fulfillment and global logistics management.
Companies valued at $10 billion or more are typically classified as "large-cap stocks," and JBL fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the electronic components industry. The company's primary strength stems from its highly adaptable, ***** et-light operational model and its massive, intelligent global procurement network, which insulates Jabil and its partners from severe supply chain bottlenecks and localized macroeconomic shocks.
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Companies valued at $10 billion or more are typically classified as "large-cap stocks," and JBL fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the electronic components industry. The company's primary strength stems from its highly adaptable, ***** et-light operational model and its massive, intelligent global procurement network, which insulates Jabil and its partners from severe supply chain bottlenecks and localized macroeconomic shocks.
Mark Cuban Says the Stock Market Makes Guys Like Elon Musk 'Insanely Rich' — But Eliminating Billionaires Would Trigger the 'Worst Depression' Ever Seen
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Sandisk AI Memory Boom Is Far From Over
1 month ago
When ****** Chuanfu, CEO of Chinese EV company BYD, told shareholders in Shenzhen this week that the company would become the world's largest automaker within five years, he pointed to growing production and sales overseas as one of the major paths to get there.
As BYD faces increasing pressure at home, this international expansion has become a vital part of the company's business model. At the forefront of this is ****** 's longtime partner, Stella Li, BYD's executive VP. Over her 30-year career at the Chinese EV and technology giant, Li has overseen the company's transformation from its origins as a maker of mobile phone batteries to the world's top seller of electric vehicles.
She's widely seen as the architect of the company's rapid international expansion. In an interview, Li told Fortune she spends roughly 70% of her time traveling, meeting government officials, hiring local executives, and personally shaping pricing and product strategy market by market. She also leads the company's road shows, touring countries to demonstrate BYD's newest offerings.
In April, when Li arrived at the Paris Opera House to showcase the European launch of BYD's newest luxury car—flanked by ballerinas and opera singers—it was clear why some colleagues had dubbed BYD's international road show "The Stella Show."
In the past few years, BYD has been on an impressive sales trajectory. In 2022, the company dropped pure internal-combustion models from its lineup, focusing solely on electric vehicles and plug-in hybrids. By 2024, global vehicle sales had reached 4.27 million units, ranking the company fourth among global car manufacturers. In 2025, BYD sold a record 4.6 million new-energy vehicles, making it the world's top-selling EV maker by pure-electric sales—stealing the crown from Elon Musk's Tesla.
As BYD faces increasing pressure at home, this international expansion has become a vital part of the company's business model. At the forefront of this is ****** 's longtime partner, Stella Li, BYD's executive VP. Over her 30-year career at the Chinese EV and technology giant, Li has overseen the company's transformation from its origins as a maker of mobile phone batteries to the world's top seller of electric vehicles.
She's widely seen as the architect of the company's rapid international expansion. In an interview, Li told Fortune she spends roughly 70% of her time traveling, meeting government officials, hiring local executives, and personally shaping pricing and product strategy market by market. She also leads the company's road shows, touring countries to demonstrate BYD's newest offerings.
In April, when Li arrived at the Paris Opera House to showcase the European launch of BYD's newest luxury car—flanked by ballerinas and opera singers—it was clear why some colleagues had dubbed BYD's international road show "The Stella Show."
In the past few years, BYD has been on an impressive sales trajectory. In 2022, the company dropped pure internal-combustion models from its lineup, focusing solely on electric vehicles and plug-in hybrids. By 2024, global vehicle sales had reached 4.27 million units, ranking the company fourth among global car manufacturers. In 2025, BYD sold a record 4.6 million new-energy vehicles, making it the world's top-selling EV maker by pure-electric sales—stealing the crown from Elon Musk's Tesla.
1 month ago
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High net worth individuals — typically those with $1 million or more in investable ***** ets — held large portions of their total portfolio in cash in 2024. According to a survey conducted by Goldman Sachs, wealthy individuals park roughly 20% of their net worth in cash and cash equivalent holdings (1).
Higher market volatility and fears regarding persistently high inflation levels are a few major contributors to the shift away from equities and bonds.
The ultra-rich use these 5 real estate strategies to build wealth while they sleep — you can start with just $100
The IRS usually taxes gold as a collectible — but this little-known strategy lets you hold physical bullion tax-free. Get your free guide from Priority Gold
High net worth individuals — typically those with $1 million or more in investable ***** ets — held large portions of their total portfolio in cash in 2024. According to a survey conducted by Goldman Sachs, wealthy individuals park roughly 20% of their net worth in cash and cash equivalent holdings (1).
Higher market volatility and fears regarding persistently high inflation levels are a few major contributors to the shift away from equities and bonds.
The ultra-rich use these 5 real estate strategies to build wealth while they sleep — you can start with just $100
The IRS usually taxes gold as a collectible — but this little-known strategy lets you hold physical bullion tax-free. Get your free guide from Priority Gold
2 months ago
Investors are cheering Marvell Technology (MRVL) stock today following news that the custom AI chips specialist will join the benchmark S&P 500 Index ($SPX) on June 22.
The announcement follows a week in which MRVL already rallied sharply after Jensen Huang, the chief executive of Nvidia (NVDA), said it could be "the next trillion-dollar opportunity."
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The announcement follows a week in which MRVL already rallied sharply after Jensen Huang, the chief executive of Nvidia (NVDA), said it could be "the next trillion-dollar opportunity."
Billionaire Charlie Munger Was Asked Why Warren Buffett Is 'So Much Richer' Despite Being Partners — 'Why Was Albert Einstein Poorer Than I Was?'
Ahead of Oracle Earnings, Here's What Barchart Data Says Comes Next for ORCL Stock
Billionaire Jeff Bezos Says America Needs to 'Fix It at the Root' Like Amazon Does Instead of Picking Villains — Bottom 50% Should Pay 'Zero' Taxes
2 months ago
Updated June 08, 2026, 11:06 am EDT / Original June 08, 2026, 10:08 am EDT
Nurix Therapeutics
NRIX
0.00%
, a small, California-based biotech, will have a shot at launching the lead ****** et in its pipeline thanks to a partnership with Roche
RHHBY
-0.63%
.
NRIX
0.00%
RHHBY
Nurix Therapeutics
NRIX
0.00%
, a small, California-based biotech, will have a shot at launching the lead ****** et in its pipeline thanks to a partnership with Roche
RHHBY
-0.63%
.
NRIX
0.00%
RHHBY
2 months ago
Is LPX a good stock to buy? We came across a bullish thesis on Louisiana-Pacific Corporation on Quality At A Fair Price's Substack. In this article, we will summarize the bulls' thesis on LPX. Louisiana-Pacific Corporation's share was trading at $70.05 as of June 8th. LPX's trailing and forward P/E were 60.34 and 41.67 respectively according to Yahoo Finance.
Photo by Jens Behrmann on Unsplash
Louisiana-Pacific Corporation (LPX) is a leading manufacturer of engineered wood building products and high-performance construction solutions, positioning itself as a key beneficiary of long-term housing, remodeling, and infrastructure demand. The company has built a strong reputation through its siding and oriented strand board businesses, which continue to generate robust cash flow and support consistent shareholder returns.
Read More: 15 AI Stocks That Are Quietly Making Investors Rich
Read More: Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential
Photo by Jens Behrmann on Unsplash
Louisiana-Pacific Corporation (LPX) is a leading manufacturer of engineered wood building products and high-performance construction solutions, positioning itself as a key beneficiary of long-term housing, remodeling, and infrastructure demand. The company has built a strong reputation through its siding and oriented strand board businesses, which continue to generate robust cash flow and support consistent shareholder returns.
Read More: 15 AI Stocks That Are Quietly Making Investors Rich
Read More: Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential
2 months ago
Is EBAY a good stock to buy? We came across a bullish thesis on eBay Inc. on ARMR Report Be The Smart Money's Substack by Bret Rosenthal. In this article, we will summarize the bulls' thesis on EBAY. eBay Inc.'s share was trading at $110.35 as of June 1st. EBAY's trailing and forward P/E were 25.48 and 18.25 respectively according to Yahoo Finance.
Denys Prykhodov / Shutterstock.com
eBay Inc. (EBAY) is increasingly being viewed as a high-quality recommerce platform rather than a legacy e-commerce marketplace, with its investment case centered on its dominant position in secondary-market liquidity, strong free cash flow generation, and multiple catalysts for further value creation. The company operates an **** et-light marketplace model that facilitates discovery, pricing, and trust for pre-owned and specialized goods without carrying inventory or managing extensive logistics networks.
Read More: 15 AI Stocks That Are Quietly Making Investors Rich
Read More: Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential
Denys Prykhodov / Shutterstock.com
eBay Inc. (EBAY) is increasingly being viewed as a high-quality recommerce platform rather than a legacy e-commerce marketplace, with its investment case centered on its dominant position in secondary-market liquidity, strong free cash flow generation, and multiple catalysts for further value creation. The company operates an **** et-light marketplace model that facilitates discovery, pricing, and trust for pre-owned and specialized goods without carrying inventory or managing extensive logistics networks.
Read More: 15 AI Stocks That Are Quietly Making Investors Rich
Read More: Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential
