2 months ago
KCHP launched September 15, 2026 on NYSE Arca, giving U.S. investors a single-ticker bet on South Korean semiconductor companies at a 0.65% expense ratio.
Unlike broad Korea funds EWY and FLKR or global chip ETFs SOXX and SMH, KCHP targets only Korean chipmakers but charges more than all of them.
With just one day of trading history and likely wide bid-ask spreads, KCHP carries real liquidity risk on top of concentrated memory-chip exposure.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
The specific index the fund tracks, the method used to weight the holdings (for example, by market value or a capped scheme to prevent one stock from dominating), and the exact number of positions were not spelled out in the data available for this article. Those details sit in the prospectus filed with the SEC, which investors should consult directly.
#korea
Unlike broad Korea funds EWY and FLKR or global chip ETFs SOXX and SMH, KCHP targets only Korean chipmakers but charges more than all of them.
With just one day of trading history and likely wide bid-ask spreads, KCHP carries real liquidity risk on top of concentrated memory-chip exposure.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
The specific index the fund tracks, the method used to weight the holdings (for example, by market value or a capped scheme to prevent one stock from dominating), and the exact number of positions were not spelled out in the data available for this article. Those details sit in the prospectus filed with the SEC, which investors should consult directly.
#korea
2 months ago
US stocks rose on Friday as investors digested the Consumer Price Index data, which showed inflation remained sticky and cemented bets that the Federal Reserve will hike interest rates next week.
The Dow Industrial Average (^DJI) and tech-heavy Nasdaq Composite (^IXIC) rose 0.9% while the S&P 500 (^GSPC) rose 0.8%. The major indexes posted weekly declines, however, after a four-day losing streak.
Investors turned their attention to the Consumer Price Index, the last piece of inflation data before Federal Reserve policymakers convene next week. Overall prices rose 0.4% on a monthly basis and 3.4% on an annual basis, which were in line with economists' expectations and slightly hotter than July's reading.
But after stripping out volatile food and energy prices, the Fed's preferred reading, CPI rose 0.3%, compared to estimates for 0.2%.
Friday's CPI report prompted traders to ramp up their bets that the Fed will raise interest rates this month. Markets are now pricing in a roughly 87% chance the Fed raises interest rates by 25 basis points at the FOMC meeting next week, according to the CME's Fedwatch tool. That's up from 72% a day ago and 50% a week ago.
#week #next
The Dow Industrial Average (^DJI) and tech-heavy Nasdaq Composite (^IXIC) rose 0.9% while the S&P 500 (^GSPC) rose 0.8%. The major indexes posted weekly declines, however, after a four-day losing streak.
Investors turned their attention to the Consumer Price Index, the last piece of inflation data before Federal Reserve policymakers convene next week. Overall prices rose 0.4% on a monthly basis and 3.4% on an annual basis, which were in line with economists' expectations and slightly hotter than July's reading.
But after stripping out volatile food and energy prices, the Fed's preferred reading, CPI rose 0.3%, compared to estimates for 0.2%.
Friday's CPI report prompted traders to ramp up their bets that the Fed will raise interest rates this month. Markets are now pricing in a roughly 87% chance the Fed raises interest rates by 25 basis points at the FOMC meeting next week, according to the CME's Fedwatch tool. That's up from 72% a day ago and 50% a week ago.
#week #next
2 months ago
Workday, Inc. (NASDAQ:WDAY) reported fiscal second-quarter revenue of $2.65 billion, up nearly 13% year over year and above the $2.64 billion ***** ysts expected, Reuters reported, citing LSEG data. Subscription revenue rose 13.9% to $2.471 billion. Chief Commercial Officer Rob Enslin said, "Over half of our net new wins in the second quarter signed up for one or more AI solutions," and AI products drove more than $100 million in new annual contract value, over 25% of all new ACV closed in the quarter. Non-GAAP operating margin expanded to 31.1%, up 212 basis points year over year. CFO Zane Rowe said Workday expects fiscal 2028 subscription revenue to grow by nearly 11%, in line with the pace expected for the second half of fiscal 2027.
The beat came with quantified AI monetization behind it. AI products already account for more than 25% of new annual contract value and are approaching $600 million in annual recurring revenue. It is evidence that customers are paying for AI capabilities today rather than Workday simply promising future upside.
Profitability is expanding at the same time growth continues, not at growth's expense. Non-GAAP operating margin rose to 31.1%, up 212 basis points from a year earlier. It shows Workday's AI investment is being absorbed without eroding the bottom line, a combination that strengthens the case that AI is additive rather than just a cost center.
Workday, Inc. (NASDAQ:WDAY)'s reporting is directly countering the disruption narrative that has weighed on enterprise software stocks. Reuters described the results as "easing investor fears of artificial intelligence disruption," and Enslin's comment that AI is now "a key reason companies are modernizing their core on Workday" shows AI is pulling customers toward Workday's platform rather than away from it.
Forward revenue visibility is improving, not just this quarter's headline number. The 12-month subscription revenue backlog grew 14.2% to $9.03 billion. It gives Workday a larger, growing pipeline of already-contracted future revenue to draw on.
#revenue #year #fiscal #rather
The beat came with quantified AI monetization behind it. AI products already account for more than 25% of new annual contract value and are approaching $600 million in annual recurring revenue. It is evidence that customers are paying for AI capabilities today rather than Workday simply promising future upside.
Profitability is expanding at the same time growth continues, not at growth's expense. Non-GAAP operating margin rose to 31.1%, up 212 basis points from a year earlier. It shows Workday's AI investment is being absorbed without eroding the bottom line, a combination that strengthens the case that AI is additive rather than just a cost center.
Workday, Inc. (NASDAQ:WDAY)'s reporting is directly countering the disruption narrative that has weighed on enterprise software stocks. Reuters described the results as "easing investor fears of artificial intelligence disruption," and Enslin's comment that AI is now "a key reason companies are modernizing their core on Workday" shows AI is pulling customers toward Workday's platform rather than away from it.
Forward revenue visibility is improving, not just this quarter's headline number. The 12-month subscription revenue backlog grew 14.2% to $9.03 billion. It gives Workday a larger, growing pipeline of already-contracted future revenue to draw on.
#revenue #year #fiscal #rather
2 months ago
On August 5, Vaxcyte (NASDAQ:PCVX) reported second-quarter results that read less like a snapshot of today and more like a countdown to a verdict. The clinical-stage vaccine maker has no product on the market yet, but its three late-stage trials for its lead pneumococcal candidate are now fully enrolled, with the first major readout due before year-end. Add a net loss that nearly doubled and a boardroom that just brought in two vaccine-industry veterans, and you have a company betting its near-term story on data still to come.
Vaxcyte's three Phase 3 studies of VAX-31, its next-generation pneumococcal conjugate vaccine, have dosed 6,191 adults combined, with roughly 3,500 of them receiving the actual candidate. The largest, OPUS-1, put 4,049 participants through head-to-head comparisons against Prevnar 20 and Capvaxive, the two shots VAX-31 needs to beat to earn a spot in the standard vaccination schedule. Data on safety, tolerability, and immune response from that trial are due in the fourth quarter of 2026, with results from OPUS-2 and OPUS-3 following in the first half of 2027.
A separate Phase 2 study testing VAX-31 in infants, covering both the primary immunization series and a booster dose, is on a similar timeline. In June, Vaxcyte also dosed the first participants in a Phase 1 study of VAX-A1, aimed at preventing disease from Group A Streptococcus, with topline data expected in the second half of 2027. As of June 30, cash and investments stood at $2.5 billion, up from $2.44 billion at the end of 2025, and the board added Dr. Moncef Slaoui, previously chief scientific advisor to Operation Warp Speed and a three-decade GSK veteran, alongside Dr. John Markels, the former president of Merck's global vaccines business.
None of that pipeline progress comes cheap. Vaxcyte's net loss for the quarter ended June 30 was $284.3 million, up from $166.6 million in the same period a year earlier, and the increase shows up on both sides of the ledger. R&D spending rose to $267.9 million from $194.2 million, driven by manufacturing work to prepare for a possible launch and by the cost of running three simultaneous Phase 3 trials at once. G&A expenses climbed too, to $34.9 million from $32 million, largely from adding headcount.
Because Vaxcyte has no approved product generating sales, every one of those dollars comes straight off the balance sheet. The calendar adds pressure of its own: even a clean OPUS-1 readout in the fourth quarter of 2026 still leaves the OPUS-2 and OPUS-3 results, plus a required manufacturing consistency study, sitting in the first half of 2027, pushing any license application and launch well beyond that. The newer VAX-A1 program is earlier still, with its second stage contingent on a safety board signing off on the first.
#phase
Vaxcyte's three Phase 3 studies of VAX-31, its next-generation pneumococcal conjugate vaccine, have dosed 6,191 adults combined, with roughly 3,500 of them receiving the actual candidate. The largest, OPUS-1, put 4,049 participants through head-to-head comparisons against Prevnar 20 and Capvaxive, the two shots VAX-31 needs to beat to earn a spot in the standard vaccination schedule. Data on safety, tolerability, and immune response from that trial are due in the fourth quarter of 2026, with results from OPUS-2 and OPUS-3 following in the first half of 2027.
A separate Phase 2 study testing VAX-31 in infants, covering both the primary immunization series and a booster dose, is on a similar timeline. In June, Vaxcyte also dosed the first participants in a Phase 1 study of VAX-A1, aimed at preventing disease from Group A Streptococcus, with topline data expected in the second half of 2027. As of June 30, cash and investments stood at $2.5 billion, up from $2.44 billion at the end of 2025, and the board added Dr. Moncef Slaoui, previously chief scientific advisor to Operation Warp Speed and a three-decade GSK veteran, alongside Dr. John Markels, the former president of Merck's global vaccines business.
None of that pipeline progress comes cheap. Vaxcyte's net loss for the quarter ended June 30 was $284.3 million, up from $166.6 million in the same period a year earlier, and the increase shows up on both sides of the ledger. R&D spending rose to $267.9 million from $194.2 million, driven by manufacturing work to prepare for a possible launch and by the cost of running three simultaneous Phase 3 trials at once. G&A expenses climbed too, to $34.9 million from $32 million, largely from adding headcount.
Because Vaxcyte has no approved product generating sales, every one of those dollars comes straight off the balance sheet. The calendar adds pressure of its own: even a clean OPUS-1 readout in the fourth quarter of 2026 still leaves the OPUS-2 and OPUS-3 results, plus a required manufacturing consistency study, sitting in the first half of 2027, pushing any license application and launch well beyond that. The newer VAX-A1 program is earlier still, with its second stage contingent on a safety board signing off on the first.
#phase
2 months ago
Fundstrat Chief Investment Office and popular investor Tom Lee believes that Nvidia (NVDA) stock is still undervalued, even after posting another set of record numbers for its most recent quarter. "The thing that stands out is that Nvidia's multiple is still very low. So, they've got these huge revisions. The stock hasn't kept up. Now the P/E keeps contracting," Lee said in an interview with CNBC. In an earlier note, the ***** yst pointed out that "Nvidia's 2028 revenue guide might help the stock push back to new all-time highs."
By Nvidia standards, 2026 has been a relatively quiet year. NVDA stock is up 20% on a year-to-date (YTD) basis. Yet, the stock has still managed to outperform the S&P 500 Index ($SPX), which has risen 12% over the same period. Further, with a gargantuan market capitalization of $5.2 trillion, NVDA stock offers a dividend yield of 0.45%.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ***** eX Deal Could Meaningfully Accelerate Growth for Technip Stock
#chief #investment #office
By Nvidia standards, 2026 has been a relatively quiet year. NVDA stock is up 20% on a year-to-date (YTD) basis. Yet, the stock has still managed to outperform the S&P 500 Index ($SPX), which has risen 12% over the same period. Further, with a gargantuan market capitalization of $5.2 trillion, NVDA stock offers a dividend yield of 0.45%.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ***** eX Deal Could Meaningfully Accelerate Growth for Technip Stock
#chief #investment #office
2 months ago
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Transferring some of your retirement savings from a tax-deferred account like a 401(k) to a Roth IRA can help you reduce or possibly avoid required minimum distributions (RMDs) and income taxes later on. It can also be beneficial if you want to leave tax-free savings to your heirs. A Roth conversion can therefore provide you with some flexibility when tax planning your finances in retirement.
However, you can't escape paying income taxes on your tax-deferred savings entirely, and converting 25% of a large 401(k) could lead to a sizable tax bill you'll have to pay right now. You may want to consider a conversion strategy based on keeping you from entering a higher marginal income tax bracket rather than converting a set percentage, although other timing factors may come into play.
Here are some factors to think about. You can also get matched with a financial advisor for free if you need help developing a 401(k) conversion plan that will balance present and future tax consequences.
Because Roth accounts are not subject to the required minimum distribution (RMD) rules that apply to 401(k) accounts, a retirement saver may want to consider converting funds from a 401(k) to a Roth IRA. Under RMD rules, funds left in a 401(k) or similar tax-deferred account have to be withdrawn on a strict schedule starting at age 73 or 75, depending on your birth year.
#conversion
Transferring some of your retirement savings from a tax-deferred account like a 401(k) to a Roth IRA can help you reduce or possibly avoid required minimum distributions (RMDs) and income taxes later on. It can also be beneficial if you want to leave tax-free savings to your heirs. A Roth conversion can therefore provide you with some flexibility when tax planning your finances in retirement.
However, you can't escape paying income taxes on your tax-deferred savings entirely, and converting 25% of a large 401(k) could lead to a sizable tax bill you'll have to pay right now. You may want to consider a conversion strategy based on keeping you from entering a higher marginal income tax bracket rather than converting a set percentage, although other timing factors may come into play.
Here are some factors to think about. You can also get matched with a financial advisor for free if you need help developing a 401(k) conversion plan that will balance present and future tax consequences.
Because Roth accounts are not subject to the required minimum distribution (RMD) rules that apply to 401(k) accounts, a retirement saver may want to consider converting funds from a 401(k) to a Roth IRA. Under RMD rules, funds left in a 401(k) or similar tax-deferred account have to be withdrawn on a strict schedule starting at age 73 or 75, depending on your birth year.
#conversion
2 months ago
Lucid Group (NASDAQ: LCID) has had a rough year or two and could use some positive news. The electric vehicle (EV) company announced it would delay its Cosmos crossover until at least next year (it was previously scheduled for launch in late 2026). It's still bleeding cash and posted a net loss of $1 billion during the second quarter.
Management is now working on a plan to save cash, including two rounds of layoffs this year alone. The young EV maker went as far as to hire consulting firm AlixPartners to help with a turnaround plan. In a rare moment of good news from the company, it announced the 2027 Gravity GT-S. But is this a development that can move the needle?
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 »
Lucid is reviving the 1,070-horsepower drivetrain from its discontinued Dream Edition for the GT-S, which it claims to be America's most powerful three-row crossover, barely surpassing the nearest competitor, Rivian's R1S three-row crossover, which has 1,025 horsepower. It's a lot of power, but Lucid's flaw has never been its ability to create excellent EVs.
The problems with Lucid have been production hiccups, supplier bottlenecks, product delays, and the inability to lower costs to consistently improve its gross margins -- a feat rival Rivian continues to excel at.
#flashing #cash
Management is now working on a plan to save cash, including two rounds of layoffs this year alone. The young EV maker went as far as to hire consulting firm AlixPartners to help with a turnaround plan. In a rare moment of good news from the company, it announced the 2027 Gravity GT-S. But is this a development that can move the needle?
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 »
Lucid is reviving the 1,070-horsepower drivetrain from its discontinued Dream Edition for the GT-S, which it claims to be America's most powerful three-row crossover, barely surpassing the nearest competitor, Rivian's R1S three-row crossover, which has 1,025 horsepower. It's a lot of power, but Lucid's flaw has never been its ability to create excellent EVs.
The problems with Lucid have been production hiccups, supplier bottlenecks, product delays, and the inability to lower costs to consistently improve its gross margins -- a feat rival Rivian continues to excel at.
#flashing #cash
2 months ago
Adobe (ADBE) trades at 10x forward earnings despite AI-first ARR tripling YoY to $500M, pointing to a $307 buy target.
Salesforce (CRM) trades near 23x trailing P/E while Autodesk (ADSK) earns roughly half Adobe's EPS, making Adobe's 10x multiple look deeply undervalued.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Adobe didn't make the cut. Grab the names FREE today.
Adobe (NASDAQ:ADBE) has been one of the most punished large-cap software names of the past year, and the discount has finally gotten interesting. The stock trades at 10x forward earnings, a multiple typically reserved for mature hardware companies rather than a software business generating $27.10 billion in ARR.
Our 24/7 Wall St. price target for Adobe is $307.15, implying roughly 12% upside from the current quote of $276.63. The recommendation is buy, with our model expressing high confidence at 90%.
#adobe #roughly
Salesforce (CRM) trades near 23x trailing P/E while Autodesk (ADSK) earns roughly half Adobe's EPS, making Adobe's 10x multiple look deeply undervalued.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Adobe didn't make the cut. Grab the names FREE today.
Adobe (NASDAQ:ADBE) has been one of the most punished large-cap software names of the past year, and the discount has finally gotten interesting. The stock trades at 10x forward earnings, a multiple typically reserved for mature hardware companies rather than a software business generating $27.10 billion in ARR.
Our 24/7 Wall St. price target for Adobe is $307.15, implying roughly 12% upside from the current quote of $276.63. The recommendation is buy, with our model expressing high confidence at 90%.
#adobe #roughly
3 months ago
Wolfspeed (WOLF) stock investors have one date to circle, and that is today, Aug. 19.
The silicon carbide chipmaker will report its fiscal fourth-quarter and full-year 2026 results after the market closes, with management scheduled to host its earnings call at 5 p.m. EST.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#House #million #Crypto
The silicon carbide chipmaker will report its fiscal fourth-quarter and full-year 2026 results after the market closes, with management scheduled to host its earnings call at 5 p.m. EST.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#House #million #Crypto
3 months ago
Voya Investment Management, an investment management company, released its second-quarter 2026 investor letter for its "Voya MI Dynamic Small Cap Fund." A copy of the letter can be downloaded here. US Equity markets rebounded strongly in the second quarter of 2026, recovering from geopolitical tensions that nearly pushed the S&P 500 Index into correction territory. Technology dominated the landscape, powered by increasing AI adoption, while industrials benefited from strong capital expenditure. Small-cap and growth stocks outperformed; investors grew selective amid concerns about returns, competition, and regulation. The Fund outperformed the Index, benefitting from stock selection in energy, consumer discretionary, and health care sectors. Overall market performance could become more volatile due to rising costs and increased supply from IPOs and secondary issuances. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Voya MI Dynamic Small Cap Fund highlighted Bloom Energy Corporation (NYSE:BE), an energy company that focuses on designing and manufacturing solid-oxide fuel cell systems for clean, reliable, on-site power generation. Representing 2.34% of the portfolio, Bloom Energy Corporation (NYSE:BE) contributed to the Fund's performance during the quarter. On August 14, 2026, Bloom Energy Corporation (NYSE:BE) closed at $229.94 per share, reflecting a market capitalization of $67.72 billion. Bloom Energy Corporation (NYSE:BE) posted a one‑month return of 16.69%, while its shares gained 394.49% over the past 52 weeks.
Voya MI Dynamic Small Cap Fund stated the following regarding Bloom Energy Corporation (NYSE:BE) in its Q2 2026 investor letter:
"The overweight position in Bloom Energy Corporation (NYSE:BE), a provider of fuel-cell power systems for data centers, had a positive impact on performance and was primarily driven by risk management reasons as the stock served to balance factor exposures. The stock rose as investors focused on the company's strategic role in AI data-center power solutions, supported by strong earnings and expanded partnerships with Oracle and Brookfield."
Bloom Energy Corporation (NYSE:BE) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 91 hedge fund portfolios held Bloom Energy Corporation (NYSE:BE) at the end of the first quarter which was 88 in the previous quarter. While we acknowledge the potential of Bloom Energy Corporation (NYSE:BE) 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.
#voya
In its Q2 2026 investor letter, Voya MI Dynamic Small Cap Fund highlighted Bloom Energy Corporation (NYSE:BE), an energy company that focuses on designing and manufacturing solid-oxide fuel cell systems for clean, reliable, on-site power generation. Representing 2.34% of the portfolio, Bloom Energy Corporation (NYSE:BE) contributed to the Fund's performance during the quarter. On August 14, 2026, Bloom Energy Corporation (NYSE:BE) closed at $229.94 per share, reflecting a market capitalization of $67.72 billion. Bloom Energy Corporation (NYSE:BE) posted a one‑month return of 16.69%, while its shares gained 394.49% over the past 52 weeks.
Voya MI Dynamic Small Cap Fund stated the following regarding Bloom Energy Corporation (NYSE:BE) in its Q2 2026 investor letter:
"The overweight position in Bloom Energy Corporation (NYSE:BE), a provider of fuel-cell power systems for data centers, had a positive impact on performance and was primarily driven by risk management reasons as the stock served to balance factor exposures. The stock rose as investors focused on the company's strategic role in AI data-center power solutions, supported by strong earnings and expanded partnerships with Oracle and Brookfield."
Bloom Energy Corporation (NYSE:BE) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 91 hedge fund portfolios held Bloom Energy Corporation (NYSE:BE) at the end of the first quarter which was 88 in the previous quarter. While we acknowledge the potential of Bloom Energy Corporation (NYSE:BE) 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.
#voya
3 months ago
The American consumer has been carrying this economy for months. Friday morning brought two reports suggesting the load is getting heavy. Stocks responded with a slow, unglamorous slide.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) is down 0.44% as of 12:00 p.m. ET, the Dow Jones Industrial Average (DJINDICES: ^DJI) has slipped 0.21%, and the S&P 500 (SNPINDEX: ^GSPC) is off 0.19%. All three hovered around the flatline for the first half hour, turned negative shortly after 10 a.m. ET, and ground steadily lower until about 11:30. The Nasdaq broke away from the other two mid-morning and fell roughly twice as far.
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 »
^SPX data by YCharts
Retail sales dropped 0.6% in July, showing the first decline in nine months and the biggest in 14. Economists had forecast a 0.1% gain. Core retail sales, which most closely correspond to the consumer spending component of GDP, dropped 0.4% versus expectations of a 0.3% increase.
#signal #first #NASDAQ #Consumer
The Nasdaq Composite (NASDAQINDEX: ^IXIC) is down 0.44% as of 12:00 p.m. ET, the Dow Jones Industrial Average (DJINDICES: ^DJI) has slipped 0.21%, and the S&P 500 (SNPINDEX: ^GSPC) is off 0.19%. All three hovered around the flatline for the first half hour, turned negative shortly after 10 a.m. ET, and ground steadily lower until about 11:30. The Nasdaq broke away from the other two mid-morning and fell roughly twice as far.
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 »
^SPX data by YCharts
Retail sales dropped 0.6% in July, showing the first decline in nine months and the biggest in 14. Economists had forecast a 0.1% gain. Core retail sales, which most closely correspond to the consumer spending component of GDP, dropped 0.4% versus expectations of a 0.3% increase.
#signal #first #NASDAQ #Consumer
3 months ago
On August 10, Reuters reported that Sony Group (NYSE:SONY) and Taiwan Semiconductor Manufacturing (NYSE:TSM) plan to spend around $6.3 billion on a joint venture to build next-generation microchips for image sensors. It pairs Sony's sensor design expertise with TSMC's manufacturing scale, and it lands while both companies already show momentum in their core businesses.
The venture will be owned about 60% by Sony and 40% by TSMC, with commercial production targeted to start as early as 2029 at a site in ****** an's ****** amoto prefecture. The companies first announced plans to form it in May, aiming to combine Sony's design know-how with TSMC's process technology, and the partnership will also explore physical artificial intelligence applications such as automotive and robotics. Sony is already the world's largest maker of image sensors, and TSMC is the world's largest contract chipmaker.
TSMC's own numbers explain why Sony wanted it as a partner. In its second-quarter report on July 16, revenue climbed about 34% year over year to $40.2 billion and net income jumped 77% to a record, with gross margin at 67.7% and operating margin at 60.3%. The newest 2-nanometer node made up just 3% of wafer revenue in the quarter, leaving a long runway as it scales.
Sony's results carry similar momentum. First-quarter operating profit rose 40% from a year earlier, prompting the company on July 31 to raise its full-year group operating profit forecast 8% to 1.72 trillion yen, citing tariff refunds, currency effects, and cost control. Sony also raised its outlook specifically for the image sensor business, pointing to higher sales and favorable exchange rates, while its gaming division stands to benefit from the November 19 launch of Grand Theft Auto VI on PlayStation.
TSMC's valuation still carries risk. Its market cap crossed $2 trillion again on July 30, yet shares trade at roughly 20 times forward earnings, about what an average large company costs, and management is guiding third-quarter gross margin down to 65% to 67% as the costly early phase of the 2-nanometer ramp works through its factories. TSMC also remains a cyclical manufacturer based mostly in Taiwan, so geopolitical tension is a risk no earnings report can erase, and heavy capital spending could pressure returns if AI demand cools before new capacity fills.
#Margin #operating #group
The venture will be owned about 60% by Sony and 40% by TSMC, with commercial production targeted to start as early as 2029 at a site in ****** an's ****** amoto prefecture. The companies first announced plans to form it in May, aiming to combine Sony's design know-how with TSMC's process technology, and the partnership will also explore physical artificial intelligence applications such as automotive and robotics. Sony is already the world's largest maker of image sensors, and TSMC is the world's largest contract chipmaker.
TSMC's own numbers explain why Sony wanted it as a partner. In its second-quarter report on July 16, revenue climbed about 34% year over year to $40.2 billion and net income jumped 77% to a record, with gross margin at 67.7% and operating margin at 60.3%. The newest 2-nanometer node made up just 3% of wafer revenue in the quarter, leaving a long runway as it scales.
Sony's results carry similar momentum. First-quarter operating profit rose 40% from a year earlier, prompting the company on July 31 to raise its full-year group operating profit forecast 8% to 1.72 trillion yen, citing tariff refunds, currency effects, and cost control. Sony also raised its outlook specifically for the image sensor business, pointing to higher sales and favorable exchange rates, while its gaming division stands to benefit from the November 19 launch of Grand Theft Auto VI on PlayStation.
TSMC's valuation still carries risk. Its market cap crossed $2 trillion again on July 30, yet shares trade at roughly 20 times forward earnings, about what an average large company costs, and management is guiding third-quarter gross margin down to 65% to 67% as the costly early phase of the 2-nanometer ramp works through its factories. TSMC also remains a cyclical manufacturer based mostly in Taiwan, so geopolitical tension is a risk no earnings report can erase, and heavy capital spending could pressure returns if AI demand cools before new capacity fills.
#Margin #operating #group
3 months ago
Aug 9 (Reuters) - Apple has been testing memory chips from China's CXMT across product lines including iPhones and MacBooks, to mitigate a component shortage fueled by the AI boom, the Wall Street Journal reported on Sunday.
Apple held early talks with CXMT, which is China's largest chipmaker by market value, about supplying components with the goal of using them in some devices sold in China, the report said, citing people familiar with the matter.
Reuters could not immediately verify the report. Apple and CXMT did not respond to Reuters' requests for comment.
Reuters had earlier exclusively reported that CXMT was considering building a second memory-chip plant in Beijing to boost production.
Laptop makers HP and Acer have started using CXMT memory chips in devices sold outside the U.S. to ease supply shortages, the newspaper said.
#cxmt #reuters #Apple
Apple held early talks with CXMT, which is China's largest chipmaker by market value, about supplying components with the goal of using them in some devices sold in China, the report said, citing people familiar with the matter.
Reuters could not immediately verify the report. Apple and CXMT did not respond to Reuters' requests for comment.
Reuters had earlier exclusively reported that CXMT was considering building a second memory-chip plant in Beijing to boost production.
Laptop makers HP and Acer have started using CXMT memory chips in devices sold outside the U.S. to ease supply shortages, the newspaper said.
#cxmt #reuters #Apple
3 months ago
Aug 4 (Reuters) - Defense supplier Leidos Holdings lifted the lower end of its 2026 profit and revenue forecasts, banking on strong demand for military technology amid heightened geopolitical tensions.
Shares of the company rose nearly 10% in morning trading.
Here are some details:
• Defense contractors have been benefiting as the U.S. government prioritizes military spending, with Trump proposing a record a record military budget of $1.5 trillion for fiscal 2027.
• Leidos reported increased demand for defense tech products, energy and air traffic management solutions as well as support for intelligence missions.
#record #here #Trump
Shares of the company rose nearly 10% in morning trading.
Here are some details:
• Defense contractors have been benefiting as the U.S. government prioritizes military spending, with Trump proposing a record a record military budget of $1.5 trillion for fiscal 2027.
• Leidos reported increased demand for defense tech products, energy and air traffic management solutions as well as support for intelligence missions.
#record #here #Trump
3 months ago
CoreWeave (CRWV) is pushing higher on July 30 after announcing a partnership with government IT giant Leidos to bring secure, specialized AI cloud infrastructure to U.S. federal agencies.
In a joint press release, the companies said their collaboration will target defense, intelligence, and national security applications across classified government environments.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Intel Stock Sinks 40%, But Most **** ysts Still Aren't Bullish on INTC
Nebius Stock Gets Another Wall Street Upgrade. Here's Why Investors Are Paying Attention.
#coreweave #july #leidos
In a joint press release, the companies said their collaboration will target defense, intelligence, and national security applications across classified government environments.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Intel Stock Sinks 40%, But Most **** ysts Still Aren't Bullish on INTC
Nebius Stock Gets Another Wall Street Upgrade. Here's Why Investors Are Paying Attention.
#coreweave #july #leidos
3 months ago
By Heekyong Yang and Hyunjoo Jin
SEOUL, July 29 (Reuters) - South Korean chipmaker SK Hynix reported **** per quarterly results on Wednesday but fell short of lofty investor expectations, heightening market concerns about slower AI spending by big tech firms.
To cushion itself against the industry's volatile demand cycles, the company is racing to lock in long-term supply deals .
The Nvidia supplier's quarterly operating profit soared more than sixfold to a record high, but it said delays in shipments of some advanced products limited price gains for its mainstay dynamic random access memory (DRAM) chips.
Shares in SK Hynix closed down 9.6% on Wednesday, as the weaker-than-expected earnings reinforced jitters about the sustainability of aggressive AI spending by tech firms. The benchmark KOSPI finished down 6%.
#wednesday #yang
SEOUL, July 29 (Reuters) - South Korean chipmaker SK Hynix reported **** per quarterly results on Wednesday but fell short of lofty investor expectations, heightening market concerns about slower AI spending by big tech firms.
To cushion itself against the industry's volatile demand cycles, the company is racing to lock in long-term supply deals .
The Nvidia supplier's quarterly operating profit soared more than sixfold to a record high, but it said delays in shipments of some advanced products limited price gains for its mainstay dynamic random access memory (DRAM) chips.
Shares in SK Hynix closed down 9.6% on Wednesday, as the weaker-than-expected earnings reinforced jitters about the sustainability of aggressive AI spending by tech firms. The benchmark KOSPI finished down 6%.
#wednesday #yang
3 months ago
Homeownership is something many people aspire to and, in fact, 56% of adults describe owning your own property as a key part of the American Dream. Yet, many are struggling to buy a home of their own thanks to rising costs of both homes and mortgages.
But, what if you didn't buy a home but inherited one instead? For some, this may seem like a dream come true — but that's not the case in every situation. Let's pretend, for example, that Mika's grandmother, Enid, owns Mika's childhood home and wants Mika to inherit it.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#actually
But, what if you didn't buy a home but inherited one instead? For some, this may seem like a dream come true — but that's not the case in every situation. Let's pretend, for example, that Mika's grandmother, Enid, owns Mika's childhood home and wants Mika to inherit it.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#actually
3 months ago
FirstService delivered modest revenue and adjusted earnings growth in the second quarter, while management warned that persistent economic pressure is likely to keep second-half top-line growth near current levels.
FirstService (NASDAQ:FSV) reported second-quarter revenue of $1.45 billion, up 2% year over year.
Adjusted EBITDA increased 3% to $161.7 million, while adjusted EPS rose 2% to $1.75.
FirstService Residential remained the stronger operating segment, generating 5% organic growth and a 6% increase in adjusted EBITDA.
FirstService Brands recorded a 3% organic revenue decline as weaker Roofing Corp. of America activity offset growth at Century Fire Protection.
#quarter
FirstService (NASDAQ:FSV) reported second-quarter revenue of $1.45 billion, up 2% year over year.
Adjusted EBITDA increased 3% to $161.7 million, while adjusted EPS rose 2% to $1.75.
FirstService Residential remained the stronger operating segment, generating 5% organic growth and a 6% increase in adjusted EBITDA.
FirstService Brands recorded a 3% organic revenue decline as weaker Roofing Corp. of America activity offset growth at Century Fire Protection.
#quarter
3 months ago
Tesla enters Q2 earnings down 16% year-to-date, but prediction markets price a 74% chance of a beat after Q1 operating income surged 135%.
FSD subscriptions hit 1.28 million, up 51% YoY, powering a 42% jump in high-margin Services revenue and reinforcing the margin recovery story.
Analysts target $425 over 12 months, and the 247Wall St. bull case pushes Tesla to $488, both implying significant upside from current levels.
Don't wait: the ***** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Tesla (NASDAQ:TSLA) enters its Q2 2026 earnings report today with shares down 15.74% year-to-date, closing Monday at $378.93 and trading near $376.88 intraday. That drawdown lags the broader tech sector and reflects a narrative dominated by concerns over brand sentiment tied to Elon Musk's political activities, softer year-over-year delivery comparisons, and a 12% YoY decline in Energy Generation & Storage revenue last quarter.
#tesla #year #enters #Margin
FSD subscriptions hit 1.28 million, up 51% YoY, powering a 42% jump in high-margin Services revenue and reinforcing the margin recovery story.
Analysts target $425 over 12 months, and the 247Wall St. bull case pushes Tesla to $488, both implying significant upside from current levels.
Don't wait: the ***** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Tesla (NASDAQ:TSLA) enters its Q2 2026 earnings report today with shares down 15.74% year-to-date, closing Monday at $378.93 and trading near $376.88 intraday. That drawdown lags the broader tech sector and reflects a narrative dominated by concerns over brand sentiment tied to Elon Musk's political activities, softer year-over-year delivery comparisons, and a 12% YoY decline in Energy Generation & Storage revenue last quarter.
#tesla #year #enters #Margin
4 months ago
By Svea Herbst-Bayliss
July 17 (Reuters) - Videogame retailer GameStop owns nearly 10% of e-commerce company eBay, the company said in a regulatory filing late on Friday, signaling its intent to push ahead with plans to buy eBay even after its unsolicited offer was rejected.
GameStop said it owns 43.4 million outstanding shares of eBay, or 9.8%, marking a dramatic increase in ownership from early May when GameStop CEO Ryan Cohen told eBay's board chairman it wanted to buy the company for roughly $56 billion.
At that time he said GameStop had "accumulated a 5% economic stake" through derivatives and beneficial ownership.
Over the last weeks GameStop turned its economic stake into common shares. Last month it bought 3.5 million eBay shares for roughly $381 million and on Friday it settled 39 million eBay shares from put/call pairs, the filing said.
July 17 (Reuters) - Videogame retailer GameStop owns nearly 10% of e-commerce company eBay, the company said in a regulatory filing late on Friday, signaling its intent to push ahead with plans to buy eBay even after its unsolicited offer was rejected.
GameStop said it owns 43.4 million outstanding shares of eBay, or 9.8%, marking a dramatic increase in ownership from early May when GameStop CEO Ryan Cohen told eBay's board chairman it wanted to buy the company for roughly $56 billion.
At that time he said GameStop had "accumulated a 5% economic stake" through derivatives and beneficial ownership.
Over the last weeks GameStop turned its economic stake into common shares. Last month it bought 3.5 million eBay shares for roughly $381 million and on Friday it settled 39 million eBay shares from put/call pairs, the filing said.
