7 days ago
Though it's down by 33% over the last five years, Ethereum (CRYPTO: ETH) climbed from about $130 in early 2020 to over $4,800 in early November 2021, which would have been sufficient to turn an investment of $27,000 into about $1 million. It's natural for investors to wonder if another historic run is in the cards for the coin, given that it's more widely known now than it was then.
Today, with a market cap of $292 billion as of Sept. 15, Ethereum can still grow your wealth substantially, but it probably won't be a millionaire maker for those with small positions anytime soon. Let's first look at the math to see why, then examine its upcoming catalysts.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our **** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Ethereum isn't going to be a millionaire-maker investment from here, even if you're willing to pony up a lot more capital than most investors have on hand or are willing to allocate to a lottery ticket, and even if it becomes the next cryptocurrency to explode.
Turning $10,000 into $1 million requires a 100x gain, which would boost Ethereum's market cap to $29.2 trillion.
#even
Today, with a market cap of $292 billion as of Sept. 15, Ethereum can still grow your wealth substantially, but it probably won't be a millionaire maker for those with small positions anytime soon. Let's first look at the math to see why, then examine its upcoming catalysts.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our **** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Ethereum isn't going to be a millionaire-maker investment from here, even if you're willing to pony up a lot more capital than most investors have on hand or are willing to allocate to a lottery ticket, and even if it becomes the next cryptocurrency to explode.
Turning $10,000 into $1 million requires a 100x gain, which would boost Ethereum's market cap to $29.2 trillion.
#even
7 days ago
Applied Materials (NASDAQ:AMAT) primarily generates its revenue by designing, developing, manufacturing, and selling the critical fabrication equipment, specialized factory automation software, and materials engineering solutions utilized to produce integrated circuits for customers globally.
While launching multiple new hardware systems to address technical production challenges in advanced memory scaling, it formalized a joint development agreement for augmented reality optics and reported a 34% operating margin for the quarter ended July 26, 2026.
Intel (NASDAQ:INTC) primarily generates its revenue by designing, developing, and manufacturing commercial central processing units, discrete graphics processors, and edge computing components, alongside operating its independent wafer fabrication and advanced packaging services.
It finalized a large-scale public common stock offering and confirmed pending organizational workforce reductions within its data center operations, while reporting a 12% operating margin for the quarter ended June 27, 2026.
Revenue establishes a fundamental baseline for investors seeking to measure the total incoming capital a business generates before any operating expenses, interest, or taxes are deducted. This metric reveals whether an organization is successfully attracting customers and growing its overall business volume over time.
#generates #primarily
While launching multiple new hardware systems to address technical production challenges in advanced memory scaling, it formalized a joint development agreement for augmented reality optics and reported a 34% operating margin for the quarter ended July 26, 2026.
Intel (NASDAQ:INTC) primarily generates its revenue by designing, developing, and manufacturing commercial central processing units, discrete graphics processors, and edge computing components, alongside operating its independent wafer fabrication and advanced packaging services.
It finalized a large-scale public common stock offering and confirmed pending organizational workforce reductions within its data center operations, while reporting a 12% operating margin for the quarter ended June 27, 2026.
Revenue establishes a fundamental baseline for investors seeking to measure the total incoming capital a business generates before any operating expenses, interest, or taxes are deducted. This metric reveals whether an organization is successfully attracting customers and growing its overall business volume over time.
#generates #primarily
9 days ago
Alluvium ******* et Management, an ******* et management company, released its "Conventum – Alluvium Global Fund" second-quarter 2026 investor letter. The letter can be downloaded here. The second quarter reflected a sharp shift from geopolitical uncertainty and oil market volatility to a powerful equity rally led by semiconductor companies. Despite the broader market strength, the Fund declined 1.4% in EUR terms, 2.2% in USD terms, and 3.9% in AUD terms. Portfolio results were mixed, with Alphabet benefiting from strong Cloud growth, while Robert Half, H&R Block, and other holdings posted solid gains. However, cable businesses and several healthcare and consumer holdings weighed on performance. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted McKesson Corporation (NYSE:MCK). McKesson Corporation (NYSE:MCK) is a leading healthcare services company headquartered in Irving, Texas. On September 15, 2026, McKesson Corporation (NYSE:MCK) closed at $899.56 per share. Over the past month. McKesson Corporation (NYSE:MCK) returned 5.37% and its shares gained 29.95% over the past 52 weeks. McKesson Corporation (NYSE:MCK) has a market capitalization of $106.21 billion, and its stock has traded with a range of $687.68 and $999.00.
Conventum – Alluvium Global Fund stated the following regarding McKesson Corporation (NYSE:MCK) in its Q2 2026 investor letter:
"Our two healthcare companies had a poor quarter (in terms of share price performance, not business fundamentals). McKesson Corporation (NYSE:MCK), the drug distributor (down 12.6%), reported its full year results which were perfectly in-line with our expectations. Management provided strong guidance for its next year's earnings, and reiterated its 13%-16% long term growth expectations. After feeding the numbers through our model, our valuation increased by 18%, and with the share price trading below it, we bought a little more such that it accounts for 6.8% of the Fund."
McKesson Corporation (NYSE:MCK) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 77 hedge fund portfolios held McKesson Corporation (NYSE:MCK) at the end of the second quarter which was 73 in the previous quarter. While we acknowledge the potential of McKesson Corporation (NYSE:MCK) 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.
#mckesson #alluvium #global
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted McKesson Corporation (NYSE:MCK). McKesson Corporation (NYSE:MCK) is a leading healthcare services company headquartered in Irving, Texas. On September 15, 2026, McKesson Corporation (NYSE:MCK) closed at $899.56 per share. Over the past month. McKesson Corporation (NYSE:MCK) returned 5.37% and its shares gained 29.95% over the past 52 weeks. McKesson Corporation (NYSE:MCK) has a market capitalization of $106.21 billion, and its stock has traded with a range of $687.68 and $999.00.
Conventum – Alluvium Global Fund stated the following regarding McKesson Corporation (NYSE:MCK) in its Q2 2026 investor letter:
"Our two healthcare companies had a poor quarter (in terms of share price performance, not business fundamentals). McKesson Corporation (NYSE:MCK), the drug distributor (down 12.6%), reported its full year results which were perfectly in-line with our expectations. Management provided strong guidance for its next year's earnings, and reiterated its 13%-16% long term growth expectations. After feeding the numbers through our model, our valuation increased by 18%, and with the share price trading below it, we bought a little more such that it accounts for 6.8% of the Fund."
McKesson Corporation (NYSE:MCK) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 77 hedge fund portfolios held McKesson Corporation (NYSE:MCK) at the end of the second quarter which was 73 in the previous quarter. While we acknowledge the potential of McKesson Corporation (NYSE:MCK) 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.
#mckesson #alluvium #global
10 days ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Saleable coal production grew 8% to 11.5 million tonnes, exceeding guidance due to the successful ramp-up of New Acland and Bengalla returning to nameplate capacity.
Management attributed the 10% decline in average realized price to $145 per tonne to broader market cyclicality, though low-cost ****** ets maintained a resilient $45 per tonne margin.
Bengalla's performance was impacted by a temporary increase in strip ratio and pit resequencing following significant weather events late in the 2025 financial year.
The group shifted its primary safety metric to High Potential Event Frequency Rate (HPEFR) to focus on preventing fatal or life-altering risks rather than just traditional injury counts.
#tell #Event
Saleable coal production grew 8% to 11.5 million tonnes, exceeding guidance due to the successful ramp-up of New Acland and Bengalla returning to nameplate capacity.
Management attributed the 10% decline in average realized price to $145 per tonne to broader market cyclicality, though low-cost ****** ets maintained a resilient $45 per tonne margin.
Bengalla's performance was impacted by a temporary increase in strip ratio and pit resequencing following significant weather events late in the 2025 financial year.
The group shifted its primary safety metric to High Potential Event Frequency Rate (HPEFR) to focus on preventing fatal or life-altering risks rather than just traditional injury counts.
#tell #Event
16 days ago
Michael Burry is no stranger to controversial market calls. The hedge fund manager and founder of Scion Capital cemented his place in Wall Street history by predicting the subprime lending market crash in 2008. His high-stakes bet earned him $100 million, while his investors banked $725 million. The events were immortalized in the movie The Big Short, and Burry still turns heads with his headline-making calls.
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 »
The legendary investor's most recent target has been artificial intelligence (AI) and, more specifically, Nvidia (NASDAQ:NVDA). Burry takes issue with the industry's estimates of the useful life of semiconductors used in AI, believing they are too long.
However, Nvidia CEO Jensen Huang just put a nail in Burry's bear case.
Image source: Nvidia.
#market #calls
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 »
The legendary investor's most recent target has been artificial intelligence (AI) and, more specifically, Nvidia (NASDAQ:NVDA). Burry takes issue with the industry's estimates of the useful life of semiconductors used in AI, believing they are too long.
However, Nvidia CEO Jensen Huang just put a nail in Burry's bear case.
Image source: Nvidia.
#market #calls
17 days ago
The diversified S&P 500 (SNPINDEX: ^GSPC) and the technology-heavy Nasdaq-100 are two widely followed stock market indexes that are packed with America's highest-quality companies. They have returned 12.7% and 17% respectively so far in 2026, as of the market close last Friday, Sept. 4.
But then there is the Russell 2000 index, which is sitting on an even better year-to-date gain of 20.2%. It tracks the performance of approximately 2,000 of America's smallest listed companies, and since many of them generate most of their revenue domestically, they are more insulated from headwinds like the ongoing conflict in the Middle East compared to larger, multinational companies.
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 »
The Vanguard Russell 2000 ETF (NASDAQ: VTWO) is an exchange-traded fund (ETF) that mimics the Russell 2000. It could face a reckoning on Sept. 15 and 16, when the U.S. Federal Reserve holds its next policy meeting. The odds of an interest rate hike are increasing, and for reasons I'll soon explain, small American companies tend to be more sensitive to such policy adjustments than their larger counterparts.
The companies in both the S&P 500 and the Russell 2000 come from 11 different economic sectors, so both indexes are highly diversified. However, the technology sector alone accounts for over one-third of the value of the entire S&P, whereas the Russell is far more balanced. The five largest sectors (by weight) in the Vanguard Russell 2000 ETF are as follows:
#NVIDIA #sept
But then there is the Russell 2000 index, which is sitting on an even better year-to-date gain of 20.2%. It tracks the performance of approximately 2,000 of America's smallest listed companies, and since many of them generate most of their revenue domestically, they are more insulated from headwinds like the ongoing conflict in the Middle East compared to larger, multinational companies.
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 »
The Vanguard Russell 2000 ETF (NASDAQ: VTWO) is an exchange-traded fund (ETF) that mimics the Russell 2000. It could face a reckoning on Sept. 15 and 16, when the U.S. Federal Reserve holds its next policy meeting. The odds of an interest rate hike are increasing, and for reasons I'll soon explain, small American companies tend to be more sensitive to such policy adjustments than their larger counterparts.
The companies in both the S&P 500 and the Russell 2000 come from 11 different economic sectors, so both indexes are highly diversified. However, the technology sector alone accounts for over one-third of the value of the entire S&P, whereas the Russell is far more balanced. The five largest sectors (by weight) in the Vanguard Russell 2000 ETF are as follows:
#NVIDIA #sept
0.00$ raised of 0.00$ goal
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to go
22 days ago
On August 18, Himax Technologies (NASDAQ:HIMX) said its WiseEye palm vein biometric technology now powers the WAFERLOCK L322, a smart lock built by Taiwan-based WAFERLOCK Corporation that just went on sale. Instead of scanning a fingerprint or a face, the lock reads the vein pattern under a user's palm, a method Himax says still works when hands are wet, dirty, or full of groceries. The announcement lands less than two weeks after Himax posted a second quarter that beat its own guidance on revenue, margin, and profit, giving the palm vein rollout a stronger financial backdrop than it might otherwise have had.
The WAFERLOCK deal shows what Himax has been building toward with WiseEye, an ultralow-power AI platform that pairs an image sensor and processor to capture, match, and verify a palm vein image directly on the device, without sending anything to the cloud. That matters for a smart lock, where sending biometric data offsite would be a hard sell to homeowners. The L322 pairs palm vein recognition with RFID cards, PIN codes, mechanical keys, and compatibility with EasyCard, iPASS, and MIFARE, so the biometric layer sits on top of access methods people already use.
Himax said the underlying palm vein modules earned TÜV Rheinland verification during the quarter, validating their recognition accuracy, response speed, and liveness detection, and that the technology also complies with GDPR, one of the world's strictest privacy standards. Design-in activity is already spreading beyond locks into workforce management, computer monitors, and smart office equipment.
Automotive remains the larger story sitting underneath it. Automotive display drivers, timing controllers, and touch controllers made up well over half of Himax's revenue in the quarter ended June 30, and the company expects full-year 2026 automotive IC sales to grow by double digits from a year earlier as automakers pack more, larger, and higher-resolution screens into vehicle interiors.
Alongside that base, Himax pointed to two newer bets: a leading global brand launched smart glasses powered by WiseEye during the quarter, and the company's co-packaged optics products entered engineering production ramps in the third quarter, with 2027 shipments expected to significantly exceed 2026. Neither business moves the revenue needle yet, but together they give Himax more than one lever to pull.
#himax #wiseeye #waferlock #lock
The WAFERLOCK deal shows what Himax has been building toward with WiseEye, an ultralow-power AI platform that pairs an image sensor and processor to capture, match, and verify a palm vein image directly on the device, without sending anything to the cloud. That matters for a smart lock, where sending biometric data offsite would be a hard sell to homeowners. The L322 pairs palm vein recognition with RFID cards, PIN codes, mechanical keys, and compatibility with EasyCard, iPASS, and MIFARE, so the biometric layer sits on top of access methods people already use.
Himax said the underlying palm vein modules earned TÜV Rheinland verification during the quarter, validating their recognition accuracy, response speed, and liveness detection, and that the technology also complies with GDPR, one of the world's strictest privacy standards. Design-in activity is already spreading beyond locks into workforce management, computer monitors, and smart office equipment.
Automotive remains the larger story sitting underneath it. Automotive display drivers, timing controllers, and touch controllers made up well over half of Himax's revenue in the quarter ended June 30, and the company expects full-year 2026 automotive IC sales to grow by double digits from a year earlier as automakers pack more, larger, and higher-resolution screens into vehicle interiors.
Alongside that base, Himax pointed to two newer bets: a leading global brand launched smart glasses powered by WiseEye during the quarter, and the company's co-packaged optics products entered engineering production ramps in the third quarter, with 2027 shipments expected to significantly exceed 2026. Neither business moves the revenue needle yet, but together they give Himax more than one lever to pull.
#himax #wiseeye #waferlock #lock
23 days ago
On September 2, Rosenblatt raised its price target on MongoDB, Inc. (NASDAQ:MDB) from $395 to $445 while maintaining a Buy rating. This update came after the company reported its second-quarter fiscal 2027 results. The company delivered stronger-than-expected revenue growth, improved profitability and raised its full-year outlook.
MongoDB, Inc. (NASDAQ:MDB) reported second-quarter revenue growth of 30%, surpassing both Rosenblatt's estimate and consensus expectations by about 5%. However, the stock declined more than 12% in pre-market trading following the results, as investors focused on the pace of growth in the company's Atlas cloud business.
Bull Case
The company's Atlas business grew 29% year-over-year and accounted for 73% of total revenue, with its run-rate surpassing $2 billion. This growth was ahead of Rosenblatt's estimate of 26%. MongoDB, Inc.'s (NASDAQ:MDB) non-Atlas on-premise business grew 36% year-over-year.
Customer growth also remained strong as the company added a record 2,900 customers in the second quarter. The number of Voyage customers nearly doubled from the previous quarter. MongoDB, Inc. (NASDAQ:MDB) also reported a non-GAAP operating margin of 24%, up significantly from 15% a year ago, to beat Rosenblatt's estimate of 21%.
#Growth #atlas
MongoDB, Inc. (NASDAQ:MDB) reported second-quarter revenue growth of 30%, surpassing both Rosenblatt's estimate and consensus expectations by about 5%. However, the stock declined more than 12% in pre-market trading following the results, as investors focused on the pace of growth in the company's Atlas cloud business.
Bull Case
The company's Atlas business grew 29% year-over-year and accounted for 73% of total revenue, with its run-rate surpassing $2 billion. This growth was ahead of Rosenblatt's estimate of 26%. MongoDB, Inc.'s (NASDAQ:MDB) non-Atlas on-premise business grew 36% year-over-year.
Customer growth also remained strong as the company added a record 2,900 customers in the second quarter. The number of Voyage customers nearly doubled from the previous quarter. MongoDB, Inc. (NASDAQ:MDB) also reported a non-GAAP operating margin of 24%, up significantly from 15% a year ago, to beat Rosenblatt's estimate of 21%.
#Growth #atlas
24 days ago
25 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
If you're looking to supercharge your savings, a high-yield savings account can provide a competitive interest rate to help your balance grow faster.
However, not all banks offer high savings account rates, which is why it's important to shop around and find the most competitive savings interest rates available.
Read on to learn more about where to find the best savings interest rates today.
The average interest rate on a traditional savings account is only 0.38%, according to the FDIC. However, today's best high-yield savings accounts pay around 3%-4%.
#savings #high #rates
If you're looking to supercharge your savings, a high-yield savings account can provide a competitive interest rate to help your balance grow faster.
However, not all banks offer high savings account rates, which is why it's important to shop around and find the most competitive savings interest rates available.
Read on to learn more about where to find the best savings interest rates today.
The average interest rate on a traditional savings account is only 0.38%, according to the FDIC. However, today's best high-yield savings accounts pay around 3%-4%.
#savings #high #rates
29 days ago
Two years ago, CrowdStrike Holdings, Inc. (CRWD) was the company blamed for a global technology failure, after a faulty software update halted flights and postponed hospital procedures worldwide, according to CNBC.
On Wednesday, the same company delivered what its own chief executive called the best quarter in its history. The distance between those two moments says more about where cybersecurity spending is headed than any single earnings report could.
CrowdStrike's fiscal second quarter revenue reached $1.47 billion, up 26% from a year earlier, and adjusted earnings came in at 31 cents a share, beating Wall Street's estimate of 29 cents, CNBC reported.
The company also added a record $332.8 million in new annual recurring revenue, a 51% jump from last year, according to a CrowdStrike press release.
Shares jumped as much as 12% in after hours trading Wednesday, then closed up 20.5% during Thursday's session.
#cnbc
On Wednesday, the same company delivered what its own chief executive called the best quarter in its history. The distance between those two moments says more about where cybersecurity spending is headed than any single earnings report could.
CrowdStrike's fiscal second quarter revenue reached $1.47 billion, up 26% from a year earlier, and adjusted earnings came in at 31 cents a share, beating Wall Street's estimate of 29 cents, CNBC reported.
The company also added a record $332.8 million in new annual recurring revenue, a 51% jump from last year, according to a CrowdStrike press release.
Shares jumped as much as 12% in after hours trading Wednesday, then closed up 20.5% during Thursday's session.
#cnbc
1 month ago
Phillip Securities ****** yst Glenn Thum recently set a target price of $75 per share for ****** e Exploration Technologies (NASDAQ: SPCX). As of the time of this writing, that would amount to a 45% decline in the stock price. Moreover, Thum has a five-star rating on TipRanks and an 87% success rate, which has won him considerable credibility.
Admittedly, only two out of 35 ****** ysts rate ****** eX as a sell, and certainly, such forecasts do not always come to pass. Nonetheless, it highlights some risks with owning ****** eX stock.
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 »
Here's why investors would probably serve themselves well by heeding this warning.
Thum pointed out a few reasons for his negative outlook on this company. He noted its capital expenditures (capex), which now amount to approximately 2.4 times ****** eX's revenue in the second quarter of 2026. Additionally, Thum expressed some discomfort with 19.5% of Q2 group revenues coming from a single AI customer, widely believed to be Anthropic.
#thum #Stock
Admittedly, only two out of 35 ****** ysts rate ****** eX as a sell, and certainly, such forecasts do not always come to pass. Nonetheless, it highlights some risks with owning ****** eX stock.
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 »
Here's why investors would probably serve themselves well by heeding this warning.
Thum pointed out a few reasons for his negative outlook on this company. He noted its capital expenditures (capex), which now amount to approximately 2.4 times ****** eX's revenue in the second quarter of 2026. Additionally, Thum expressed some discomfort with 19.5% of Q2 group revenues coming from a single AI customer, widely believed to be Anthropic.
#thum #Stock
1 month ago
Shares in Unitree, one of China's largest manufacturers of humanoid robots, closed their first day of trading by more than 460%, showing strong investor appetite for China's robotics sector.
Unitree raised around $900 million in its IPO on Shanghai's STAR Market, the city's board for technology startups, at a valuation of $9 billion. After today's surge, Unitree is now worth around $66 billion, ahead of larger Chinese tech firms like Baidu and JD.com. It's also worth more than the most valuable U.S. robotics company, Figure AI, which got a $39 billion valuation in a September 2025 funding round.
Investors piling into Unitree represents the hype around China's robotics sector, which is responsible for almost all shipments of humanoid robots in the first half of the year. But ******* ysts views are mixed on how much potential companies like Unitree have: While the startup continues to push what their robots can do—recently, beyond human performance—continued struggles on the software side, as well as a recent U.S. ban on foreign-made robots, could weigh on the company's future.
Unitree reported 1.7 billion yuan ($252 million) in revenue in 2025, with almost 45% of that coming from overseas sales. It also generated 600 million yuan ($89 million) in profit last year. Most of Unitree's sales go towards research purposes, though some Chinese tech companies and state-owned enterprises are starting to explore using humanoid robots in their operations.
Unitree has been backed by fellow Hangzhou startup DeepSeek, as well as big tech firms like Alibaba, Ant Group and Tencent, as well as several state-backed investment funds.
Nomura, which gave a "buy" rating to Unitree shares on Wednesday, credited Unitree's "rapid product iteration and continuous innovation" as the foundation of a "first-mover advantage."
#billion #like
Unitree raised around $900 million in its IPO on Shanghai's STAR Market, the city's board for technology startups, at a valuation of $9 billion. After today's surge, Unitree is now worth around $66 billion, ahead of larger Chinese tech firms like Baidu and JD.com. It's also worth more than the most valuable U.S. robotics company, Figure AI, which got a $39 billion valuation in a September 2025 funding round.
Investors piling into Unitree represents the hype around China's robotics sector, which is responsible for almost all shipments of humanoid robots in the first half of the year. But ******* ysts views are mixed on how much potential companies like Unitree have: While the startup continues to push what their robots can do—recently, beyond human performance—continued struggles on the software side, as well as a recent U.S. ban on foreign-made robots, could weigh on the company's future.
Unitree reported 1.7 billion yuan ($252 million) in revenue in 2025, with almost 45% of that coming from overseas sales. It also generated 600 million yuan ($89 million) in profit last year. Most of Unitree's sales go towards research purposes, though some Chinese tech companies and state-owned enterprises are starting to explore using humanoid robots in their operations.
Unitree has been backed by fellow Hangzhou startup DeepSeek, as well as big tech firms like Alibaba, Ant Group and Tencent, as well as several state-backed investment funds.
Nomura, which gave a "buy" rating to Unitree shares on Wednesday, credited Unitree's "rapid product iteration and continuous innovation" as the foundation of a "first-mover advantage."
#billion #like
1 month ago
Interested in Brookfield Corporation? Here are five stocks we like better.
Brookfield reported strong Q2 growth: Distributable earnings before realizations rose 15% year over year to $1.4 billion, or $0.61 per share. The company raised $98 billion, deployed $100 billion and monetized $40 billion of ******* ets in the first half of 2026.
Asset management fundraising reached a record $77 billion, lifting fee-bearing capital 19% to $672 billion. Brookfield also completed its Oaktree integration, expanding its global credit platform and ending the quarter with $210 billion in deployable capital.
AI infrastructure, nuclear power and insurance are key growth areas: Brookfield is advancing a planned $100 billion Kentucky AI project, citing opportunities in data centers and energy, while Westinghouse benefits from new nuclear financing. Wealth Solutions earnings rose 23%, and Brookfield targets more than $300 billion in insurance ******* ets by 2030.
Why Bloom Energy May Be the Most Important AI Infrastructure Stock
#infrastructure #Growth #assets
Brookfield reported strong Q2 growth: Distributable earnings before realizations rose 15% year over year to $1.4 billion, or $0.61 per share. The company raised $98 billion, deployed $100 billion and monetized $40 billion of ******* ets in the first half of 2026.
Asset management fundraising reached a record $77 billion, lifting fee-bearing capital 19% to $672 billion. Brookfield also completed its Oaktree integration, expanding its global credit platform and ending the quarter with $210 billion in deployable capital.
AI infrastructure, nuclear power and insurance are key growth areas: Brookfield is advancing a planned $100 billion Kentucky AI project, citing opportunities in data centers and energy, while Westinghouse benefits from new nuclear financing. Wealth Solutions earnings rose 23%, and Brookfield targets more than $300 billion in insurance ******* ets by 2030.
Why Bloom Energy May Be the Most Important AI Infrastructure Stock
#infrastructure #Growth #assets
2 months ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
The difference between the current home equity loan rate and the average HELOC rate is 19 basis points, according to Curinos, a real estate data ****** ytics company. Choosing the right loan option doesn't come down to just rates. It's how you plan to use your funds that will dictate the loan product that is best for you.
The average HELOC adjustable rate is 7.16%, a new 2026 low, according to real estate data ****** ytics company Curinos.
The national average rate on a fixed-rate home equity loan is 7.35%, up slightly from its 2026 low of 7.31% in late June.
Both rates are based on applicants with a minimum credit score of 780 and a maximum combined loan-to-value ratio (CLTV) of less than 70%.
#loan #average #home
The difference between the current home equity loan rate and the average HELOC rate is 19 basis points, according to Curinos, a real estate data ****** ytics company. Choosing the right loan option doesn't come down to just rates. It's how you plan to use your funds that will dictate the loan product that is best for you.
The average HELOC adjustable rate is 7.16%, a new 2026 low, according to real estate data ****** ytics company Curinos.
The national average rate on a fixed-rate home equity loan is 7.35%, up slightly from its 2026 low of 7.31% in late June.
Both rates are based on applicants with a minimum credit score of 780 and a maximum combined loan-to-value ratio (CLTV) of less than 70%.
#loan #average #home
2 months ago
NUGT surged 14% and AGQ jumped 9% today, but both funds remain deeply negative for 2026 despite the rally.
Kinross posted record free cash flow of $840 million in Q2; Gold Fields grew production 15% at a $4,855/oz realized gold price.
NUGT's 10-year return of -79% shows how daily-reset compounding decay can devastate leveraged ETF holders over any multi-day window.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
Leveraged precious-metals ETFs are the standouts on Wall Street this session, with the Direxion Daily Gold Miners Bull 2X Shares (NYSEARCA:NUGT) surging 14.46% and the ProShares Ultra Silver (NYSEARCA:AGQ) climbing 9.39% as both gold and silver spot prices rally, both up between 4% and 5%. The SPDR Gold Shares (NYSEARCA:GLD) is up 4.3% on the session, and traders are attributing the metals bid to a softer US dollar, easing Treasury yields, and market expectations around cooling inflation and geopolitical de-escalation. Those are the catalysts being cited on desks rather than any single confirmed event.
#shares
Kinross posted record free cash flow of $840 million in Q2; Gold Fields grew production 15% at a $4,855/oz realized gold price.
NUGT's 10-year return of -79% shows how daily-reset compounding decay can devastate leveraged ETF holders over any multi-day window.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
Leveraged precious-metals ETFs are the standouts on Wall Street this session, with the Direxion Daily Gold Miners Bull 2X Shares (NYSEARCA:NUGT) surging 14.46% and the ProShares Ultra Silver (NYSEARCA:AGQ) climbing 9.39% as both gold and silver spot prices rally, both up between 4% and 5%. The SPDR Gold Shares (NYSEARCA:GLD) is up 4.3% on the session, and traders are attributing the metals bid to a softer US dollar, easing Treasury yields, and market expectations around cooling inflation and geopolitical de-escalation. Those are the catalysts being cited on desks rather than any single confirmed event.
#shares
2 months ago
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SpaceX stock is about to get a shock that could bring it back down to earth. On Thursday, the company's first stock "lockup" expires, meaning employees and early investors who've been barred from selling their shares since the IPO can finally cash out.
Here's why that matters: 912 million shares, more than double what's currently tradable, become available all at once, according to the New York Times. Lockups exist to prevent a flood of insider selling from tanking a stock right after it goes public. Once they expire, that flood often happens anyway, and prices tend to drop.
SpaceX's stock has already fallen nearly 50% from its post-IPO high, a slide that recently cost Elon Musk his trillionaire status. The company went public in June with the biggest IPO in history, raising $85.7 billion and briefly touching a $2 trillion valuation. Since then, skepticism has crept in. Nearly $25 billion worth of **** eX stock, more than a third of its tradable shares, is currently held by short sellers betting the price keeps falling.
One Morgan Stanley **** yst says the stock could realistically drop to $100, even as he remains bullish long-term. For a company that made history two months ago, this could be a rough landing.
#shares
SpaceX stock is about to get a shock that could bring it back down to earth. On Thursday, the company's first stock "lockup" expires, meaning employees and early investors who've been barred from selling their shares since the IPO can finally cash out.
Here's why that matters: 912 million shares, more than double what's currently tradable, become available all at once, according to the New York Times. Lockups exist to prevent a flood of insider selling from tanking a stock right after it goes public. Once they expire, that flood often happens anyway, and prices tend to drop.
SpaceX's stock has already fallen nearly 50% from its post-IPO high, a slide that recently cost Elon Musk his trillionaire status. The company went public in June with the biggest IPO in history, raising $85.7 billion and briefly touching a $2 trillion valuation. Since then, skepticism has crept in. Nearly $25 billion worth of **** eX stock, more than a third of its tradable shares, is currently held by short sellers betting the price keeps falling.
One Morgan Stanley **** yst says the stock could realistically drop to $100, even as he remains bullish long-term. For a company that made history two months ago, this could be a rough landing.
#shares
2 months ago
By Jaspreet Singh
Aug 4 (Reuters) - Spotify said higher marketing and development costs would hurt its profit in the current quarter as the Swedish music-streaming giant bets heavily on features powered by AI to attract users.
The company also projected third-quarter monthly active users below Wall Street estimates on Tuesday, blaming the weakness on product changes in emerging markets such as India and Indonesia that may help Spotify in raising prices.
"So examples would be sign-up changes, deprecation of old lower-end Android devices, carefully introducing some friction in the ad load with respect to increasing ad load and some limitations on our free tier as well," Co-CEO Alex Norström told Reuters.
Price hikes have become central in recent years to Spotify's push to prove it can convert its huge user base into meaningful profit. The company has in recent months also leaned on AI to fend off startups built around the technology, such as Suno.
#reuters #users #company
Aug 4 (Reuters) - Spotify said higher marketing and development costs would hurt its profit in the current quarter as the Swedish music-streaming giant bets heavily on features powered by AI to attract users.
The company also projected third-quarter monthly active users below Wall Street estimates on Tuesday, blaming the weakness on product changes in emerging markets such as India and Indonesia that may help Spotify in raising prices.
"So examples would be sign-up changes, deprecation of old lower-end Android devices, carefully introducing some friction in the ad load with respect to increasing ad load and some limitations on our free tier as well," Co-CEO Alex Norström told Reuters.
Price hikes have become central in recent years to Spotify's push to prove it can convert its huge user base into meaningful profit. The company has in recent months also leaned on AI to fend off startups built around the technology, such as Suno.
#reuters #users #company
2 months ago
This story was originally published on FSR. To receive daily news and insights, subscribe to our free daily FS Insider.
Cracker Barrel is changing CEOs as it works to regain traffic and trust from guests.
The company announced Monday that David Deno will become CEO and join the board of directors effective August 10. He replaces Julie Masino, who has led Cracker Barrel since November 2023 and will step down from the top role and board on the same date. Masino will stay with the company in an advisory role through October 9 to ******* ist with the transition.
Deno brings decades of restaurant experience to the position, including five years as CEO of Bloomin' Brands, parent company of Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar. He joined Bloomin' Brands in 2012 as CFO before taking over as CEO in 2019. He previously held senior positions at Best Buy, Yum! Brands, Pizza Hut, and Burger King.
During Deno's tenure, Bloomin' credited him with strengthening profitability and its balance sheet, including navigating the company through the COVID pandemic and optimizing its international portfolio. He retired from the CEO position in 2024.
#barrel #deno #steakhouse
Cracker Barrel is changing CEOs as it works to regain traffic and trust from guests.
The company announced Monday that David Deno will become CEO and join the board of directors effective August 10. He replaces Julie Masino, who has led Cracker Barrel since November 2023 and will step down from the top role and board on the same date. Masino will stay with the company in an advisory role through October 9 to ******* ist with the transition.
Deno brings decades of restaurant experience to the position, including five years as CEO of Bloomin' Brands, parent company of Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar. He joined Bloomin' Brands in 2012 as CFO before taking over as CEO in 2019. He previously held senior positions at Best Buy, Yum! Brands, Pizza Hut, and Burger King.
During Deno's tenure, Bloomin' credited him with strengthening profitability and its balance sheet, including navigating the company through the COVID pandemic and optimizing its international portfolio. He retired from the CEO position in 2024.
#barrel #deno #steakhouse
2 months ago
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Oh, the spoils of war.
The House of Representatives narrowly passed a record $1.15 trillion annual defense budget last week. It still needs Senate approval, but Washington's appetite for military spending is clear, and the US isn't alone. The EU, **** an and Middle Eastern nations have all been ramping up defense budgets, too, creating real sector opportunities for portfolios. Capturing them, however, takes more than pure defense-category investing: It requires knowing where the money actually flows.
"The defense ecosystem is actually much larger than most investors think," said Chris Grisanti, chief market strategist at MAI Capital Management. "It can include industrial companies like autos — GM has a big defense business — and of course technology and communications companies."
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#defense #sign #upside #House
Oh, the spoils of war.
The House of Representatives narrowly passed a record $1.15 trillion annual defense budget last week. It still needs Senate approval, but Washington's appetite for military spending is clear, and the US isn't alone. The EU, **** an and Middle Eastern nations have all been ramping up defense budgets, too, creating real sector opportunities for portfolios. Capturing them, however, takes more than pure defense-category investing: It requires knowing where the money actually flows.
"The defense ecosystem is actually much larger than most investors think," said Chris Grisanti, chief market strategist at MAI Capital Management. "It can include industrial companies like autos — GM has a big defense business — and of course technology and communications companies."
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#defense #sign #upside #House
2 months ago
Intel shares surged after the chipmaker posted better-than-expected second-quarter results driven by booming AI demand.
The company also provided a revenue outlook for the current quarter that topped Wall Street estimates, and said it would increase its capital expenditures.
Intel's stock is soaring after another stronger-than-expected quarter.
Shares of Intel (INTC) were up 4% in recent premarket trading after the company posted earnings that blew past **** ysts' estimates. Late Thursday, Intel reported adjusted earnings per share of 42 cents on revenue that jumped 15% year-over-year to $16.1 billion, well above the adjusted EPS of 22 cents on revenue of $14.43 billion **** ysts surveyed by Visible Alpha called for.
The company said it expects third-quarter revenue of $15.8 billion to $16.8 billion, and EPS of 38 cents, which are both well above the **** yst consensus.
#quarter #billion #cents
The company also provided a revenue outlook for the current quarter that topped Wall Street estimates, and said it would increase its capital expenditures.
Intel's stock is soaring after another stronger-than-expected quarter.
Shares of Intel (INTC) were up 4% in recent premarket trading after the company posted earnings that blew past **** ysts' estimates. Late Thursday, Intel reported adjusted earnings per share of 42 cents on revenue that jumped 15% year-over-year to $16.1 billion, well above the adjusted EPS of 22 cents on revenue of $14.43 billion **** ysts surveyed by Visible Alpha called for.
The company said it expects third-quarter revenue of $15.8 billion to $16.8 billion, and EPS of 38 cents, which are both well above the **** yst consensus.
#quarter #billion #cents
2 months ago
July 23 (Reuters) - European regulators have launched a series of antitrust, privacy and online-safety investigations into major technology companies in recent years.Below are some of the most significant cases:
GOOGLE The European Commission said on July 23 it fined Google a total of 890 million euros ($1 billion) for breaching European Union rules aimed at curbing the power of Big Tech.
Europe's top court this month largely upheld EU findings that Google used Android to shut out rivals, maintaining a 4.1 billion euro antitrust penalty.
The Commission is also investigating whether Google's use of publishers' content and YouTube material for artificial intelligence purposes breaches competition rules.
APPLE The European Commission fined Apple 500 million euros in 2025 under the Digital Markets Act (DMA).
#Antitrust #million
GOOGLE The European Commission said on July 23 it fined Google a total of 890 million euros ($1 billion) for breaching European Union rules aimed at curbing the power of Big Tech.
Europe's top court this month largely upheld EU findings that Google used Android to shut out rivals, maintaining a 4.1 billion euro antitrust penalty.
The Commission is also investigating whether Google's use of publishers' content and YouTube material for artificial intelligence purposes breaches competition rules.
APPLE The European Commission fined Apple 500 million euros in 2025 under the Digital Markets Act (DMA).
#Antitrust #million
2 months ago
The S&P 500 Index ($SPX) (SPY) today is down -0.13%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.48%. September E-mini S&P futures (ESU26) are down -0.10%, and September E-mini Nasdaq futures (NQU26) are down -0.47%.
Stock indexes are under pressure today amid weakness in software and cybersecurity stocks. The markets are waiting for earnings results after the close today from Alphabet to see evidence that the company's investments in artificial intelligence are generating returns, as it plans to more than double capital spending from 2025 to as much as $190 billion this year.
PayPal Says a $53 Billion Takeover Offer from Stripe Undervalues It. How to Play PYPL Stock Here.
Billionaire Jeff Bezos Called Amazon's Customer Service to Prove a Point But Waited in Silence for More Than 10 Minutes — 'It Was Really Long'
Micron Stock Is Near Bear-Market Territory. Here's Why ASML's Guidance Says Buy the Dip.
#september #futures #jones
Stock indexes are under pressure today amid weakness in software and cybersecurity stocks. The markets are waiting for earnings results after the close today from Alphabet to see evidence that the company's investments in artificial intelligence are generating returns, as it plans to more than double capital spending from 2025 to as much as $190 billion this year.
PayPal Says a $53 Billion Takeover Offer from Stripe Undervalues It. How to Play PYPL Stock Here.
Billionaire Jeff Bezos Called Amazon's Customer Service to Prove a Point But Waited in Silence for More Than 10 Minutes — 'It Was Really Long'
Micron Stock Is Near Bear-Market Territory. Here's Why ASML's Guidance Says Buy the Dip.
#september #futures #jones
2 months ago
Baltimore, Maryland-based T. Rowe Price Group, Inc. (TROW) is a global ***** et management company that provides investment management services to individuals, financial advisors, institutions, and retirement plans. It actively manages equity, fixed income, multi-asset, and alternative investment portfolios, helping clients achieve long-term financial and retirement goals. The company has a market capitalization of approximately $25 billion.
TROW is set to report its Q2 earnings on Friday, July 31, 2026, before the market opens. Ahead of the release, ***** ysts expect the company to report diluted EPS of $2.50, up 11.6% from $2.24 in the year-ago quarter. TROW has surpassed Wall Street's EPS estimates in three of the past four quarters, while missing expectations in one quarter.
PayPal Says a $53 Billion Takeover Offer from Stripe Undervalues It. How to Play PYPL Stock Here.
Billionaire Jeff Bezos Called Amazon's Customer Service to Prove a Point But Waited in Silence for More Than 10 Minutes — 'It Was Really Long'
Micron Stock Is Near Bear-Market Territory. Here's Why ASML's Guidance Says Buy the Dip.
#Stock
TROW is set to report its Q2 earnings on Friday, July 31, 2026, before the market opens. Ahead of the release, ***** ysts expect the company to report diluted EPS of $2.50, up 11.6% from $2.24 in the year-ago quarter. TROW has surpassed Wall Street's EPS estimates in three of the past four quarters, while missing expectations in one quarter.
PayPal Says a $53 Billion Takeover Offer from Stripe Undervalues It. How to Play PYPL Stock Here.
Billionaire Jeff Bezos Called Amazon's Customer Service to Prove a Point But Waited in Silence for More Than 10 Minutes — 'It Was Really Long'
Micron Stock Is Near Bear-Market Territory. Here's Why ASML's Guidance Says Buy the Dip.
#Stock
2 months ago
American Well (AMWL) demonstrates strong technical momentum, recently hitting a new 2-year high.
Shares are up nearly 57% over the past year.
AMWL maintains a 100% "Buy" technical opinion from Barchart.
Despite an 18.85% projected revenue decline this year, earnings are expected to rise 16.01% this year and 37.31% next year.
Valued at $208 million, American Well (AMWL) delivers hybrid healthcare in the United States and abroad. Its Converge platform helps providers offer in-person, online, and automated care, and helps patients manage chronic conditions, among other things.
#amwl #american
Shares are up nearly 57% over the past year.
AMWL maintains a 100% "Buy" technical opinion from Barchart.
Despite an 18.85% projected revenue decline this year, earnings are expected to rise 16.01% this year and 37.31% next year.
Valued at $208 million, American Well (AMWL) delivers hybrid healthcare in the United States and abroad. Its Converge platform helps providers offer in-person, online, and automated care, and helps patients manage chronic conditions, among other things.
#amwl #american
2 months ago
Deep Sail Capital Partners, an investment management company, released its first-quarter 2026 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund significantly outperformed both of its benchmarks, the Russell 2000 Mid Cap Growth Index and the Russell 2000 Index, returning 41.6% net of fees while averaging 88% net long exposure. YTD, the fund returned 16.5% net of fees. long portfolio significantly outperformed both benchmarks, while the short portfolio was mixed in the quarter. The letter states that there was a notable performance push in Q1, which was reflected in Q2, driven by both the Iran War and idiosyncratic impacts on positions in the fund. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Deep Sail Capital Partners highlighted Credo Technology Group Holding Ltd (NASDAQ:CRDO) as a notable performance contributor. Credo Technology Group Holding Ltd (NASDAQ:CRDO) is a semiconductor company that provides high-speed connectivity solutions for optical and electrical Ethernet and PCIe applications. On July 21, 2026, Credo Technology Group Holding Ltd (NASDAQ:CRDO) closed at $223.87 per share. One-month return of Credo Technology Group Holding Ltd (NASDAQ:CRDO) was -16.77%, and its shares gained 127.49% over the past 52 weeks. Credo Technology Group Holding Ltd (NASDAQ:CRDO) has a market capitalization of $41.75 billion.
Deep Sail Capital Partners stated the following regarding Credo Technology Group Holding Ltd (NASDAQ:CRDO) in its Q2 2026 investor update:
"There were a few large detractors at the end of the Q1 that have reversed in Q2 including our two biggest contributors in Q2 Credo Technology Group Holding Ltd (NASDAQ:CRDO) and Amplitech. Credo Technologies was down over 50% from its ATH by the end of March on the narrative that "Copper is dead" in data centers. That narrative has since changed in Q2 with the market beginning to realize that Credo's ZeroFlap optics platform is a real second leg for the company and the acquisition of Dust Photonics, an integrated circuit optics company, makes Credo a viable optics player. The company returned 191% in Q2. I continue to view the company favorably on a growth and valuation basis and it is one of the fund's largest holdings."
Credo Technology Group Holding Ltd (NASDAQ:CRDO) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 59 hedge fund portfolios held Credo Technology Group Holding Ltd (NASDAQ:CRDO) at the end of the first quarter, compared to 69 in the previous quarter. While we acknowledge the potential of Credo Technology Group Holding Ltd (NASDAQ:CRDO) 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 repor
In its Q2 2026 investor letter, Deep Sail Capital Partners highlighted Credo Technology Group Holding Ltd (NASDAQ:CRDO) as a notable performance contributor. Credo Technology Group Holding Ltd (NASDAQ:CRDO) is a semiconductor company that provides high-speed connectivity solutions for optical and electrical Ethernet and PCIe applications. On July 21, 2026, Credo Technology Group Holding Ltd (NASDAQ:CRDO) closed at $223.87 per share. One-month return of Credo Technology Group Holding Ltd (NASDAQ:CRDO) was -16.77%, and its shares gained 127.49% over the past 52 weeks. Credo Technology Group Holding Ltd (NASDAQ:CRDO) has a market capitalization of $41.75 billion.
Deep Sail Capital Partners stated the following regarding Credo Technology Group Holding Ltd (NASDAQ:CRDO) in its Q2 2026 investor update:
"There were a few large detractors at the end of the Q1 that have reversed in Q2 including our two biggest contributors in Q2 Credo Technology Group Holding Ltd (NASDAQ:CRDO) and Amplitech. Credo Technologies was down over 50% from its ATH by the end of March on the narrative that "Copper is dead" in data centers. That narrative has since changed in Q2 with the market beginning to realize that Credo's ZeroFlap optics platform is a real second leg for the company and the acquisition of Dust Photonics, an integrated circuit optics company, makes Credo a viable optics player. The company returned 191% in Q2. I continue to view the company favorably on a growth and valuation basis and it is one of the fund's largest holdings."
Credo Technology Group Holding Ltd (NASDAQ:CRDO) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 59 hedge fund portfolios held Credo Technology Group Holding Ltd (NASDAQ:CRDO) at the end of the first quarter, compared to 69 in the previous quarter. While we acknowledge the potential of Credo Technology Group Holding Ltd (NASDAQ:CRDO) 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 repor
2 months ago
What happened: Strategy (MSTR) stock rose 5% Monday after Michael Saylor's bitcoin (BTC-USD) juggernaut disclosed that it raised $263 million by selling common stock last week.
Strategy did not buy or sell any bitcoin over the same period, according to the regulatory filing.
What's behind the move? The stock sale gives the company more runway to fund its dividends without reducing the size of its bitcoin stash.
Strategy stock is down 34% since the start of 2026. A monthlong bitcoin downturn has intensified pressure on the company, which has a complicated capital structure and growing dividend obligations.
Late last month, the firm launched a turnaround plan that included authorization to sell up to $1.25 billion of its bitcoin. The proceeds can be used to grow its cash reserve or buy back shares. Strategy also authorized as much as $2 billion in stock buybacks, split evenly between preferred and common stock.
#strategy #sell #billion #mstr
Strategy did not buy or sell any bitcoin over the same period, according to the regulatory filing.
What's behind the move? The stock sale gives the company more runway to fund its dividends without reducing the size of its bitcoin stash.
Strategy stock is down 34% since the start of 2026. A monthlong bitcoin downturn has intensified pressure on the company, which has a complicated capital structure and growing dividend obligations.
Late last month, the firm launched a turnaround plan that included authorization to sell up to $1.25 billion of its bitcoin. The proceeds can be used to grow its cash reserve or buy back shares. Strategy also authorized as much as $2 billion in stock buybacks, split evenly between preferred and common stock.
#strategy #sell #billion #mstr
2 months ago
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2 months ago
Palvella Therapeutics Inc. (NASDAQ:PVLA) is one of the 10 affordable biotech stocks to buy right now.
On June 29, Palvella Therapeutics Inc. (NASDAQ:PVLA) disclosed that it filed the initial module of its New Drug Application with the FDA for approval of QTORIN 3.9% rapamycin anhydrous gel. QTORIN is used to treat microcystic lymphatic malformations.
VILevi/Shutterstock.com
The company plans to file the remaining modules and conclude the NDA application process during the latter half of 2026. The company highlighted that QTORIN rapamycin has attained FDA designations for Orphan Drug, Fast Track designations, and Breakthrough Therapy. The company is also speeding up U.S. launch preparation for a possible independent commercial launch in the early half of 2027, subject to approval.
Earlier on June 22, the company revealed that the FDA had provided a rolling review for QTORIN rapamycin's New Drug Application. Palvella Founder and CEO, Wes Kaupinen, highlighted that the company plans to use the Breakthrough Therapy, the benefits of rolling review, and Fast Track designations to facilitate an efficient route toward achieving FDA approval. He further stated:
On June 29, Palvella Therapeutics Inc. (NASDAQ:PVLA) disclosed that it filed the initial module of its New Drug Application with the FDA for approval of QTORIN 3.9% rapamycin anhydrous gel. QTORIN is used to treat microcystic lymphatic malformations.
VILevi/Shutterstock.com
The company plans to file the remaining modules and conclude the NDA application process during the latter half of 2026. The company highlighted that QTORIN rapamycin has attained FDA designations for Orphan Drug, Fast Track designations, and Breakthrough Therapy. The company is also speeding up U.S. launch preparation for a possible independent commercial launch in the early half of 2027, subject to approval.
Earlier on June 22, the company revealed that the FDA had provided a rolling review for QTORIN rapamycin's New Drug Application. Palvella Founder and CEO, Wes Kaupinen, highlighted that the company plans to use the Breakthrough Therapy, the benefits of rolling review, and Fast Track designations to facilitate an efficient route toward achieving FDA approval. He further stated:
