18 hours ago
On July 21, one of OpenAI's large language models (LLMs) escaped from its test environment where it was being evaluated for its cyberintrusion capabilities, got to the open internet, and then proceeded to hack into the artificial intelligence (AI) hub called Hugging Face. OpenAI had previously deactivated certain safety features, and it had also prompted the model to ace the ExploitGym hacking benchmark at any cost. Now, the company has a convenient new story about how powerful its technology can be.
For crypto investors, however, this could be bearish news because it shows that a big new risk is in play. Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) are the two chains that are the most exposed at the moment, so let's break down the potential threat here.
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 OpenAI incident was an accident that was made possible by how readily advanced LLMs can find and exploit cybersecurity weaknesses. Hacking into Hugging Face was unintentional behavior from the perspective of the users evaluating the AI's performance on the benchmark.
When such powerful models are eventually jailbroken and subsequently prompted for the purpose of stealing money, they will be able to accomplish the task, especially with some skilled human help at the ready. For the decentralized finance (DeFi) segment of crypto, which is comprised of many thousands of small projects that hold ***** ets worth $74.8 billion in total value locked (TVL), that's an incredibly frightening proposition. Each of those projects is a system of computer code, which means that there are an astronomical number of exploits silently waiting to be found by the wrong AI.
#llms
For crypto investors, however, this could be bearish news because it shows that a big new risk is in play. Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) are the two chains that are the most exposed at the moment, so let's break down the potential threat here.
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 OpenAI incident was an accident that was made possible by how readily advanced LLMs can find and exploit cybersecurity weaknesses. Hacking into Hugging Face was unintentional behavior from the perspective of the users evaluating the AI's performance on the benchmark.
When such powerful models are eventually jailbroken and subsequently prompted for the purpose of stealing money, they will be able to accomplish the task, especially with some skilled human help at the ready. For the decentralized finance (DeFi) segment of crypto, which is comprised of many thousands of small projects that hold ***** ets worth $74.8 billion in total value locked (TVL), that's an incredibly frightening proposition. Each of those projects is a system of computer code, which means that there are an astronomical number of exploits silently waiting to be found by the wrong AI.
#llms
2 days ago
Few chipmakers have rewarded investors as generously as Advanced Micro Devices (AMD). Over the past five years, the stock has surged 340.8%, leaving the technology-heavy Nasdaq Composite ($NASX) well behind after its 69.34% gain during the same period.
Much of that climb came during the last year and a half, when investors recognized that Advanced Micro had secured a front-row seat in the artificial intelligence (AI) boom. Rising demand for AI chips across data centers and personal computers has since given the company's growth story fresh momentum.
Ahead of ******* eX Earnings, Here's What Barchart Data Says Comes Next for SPCX Stock
China Just Gave Sandisk Stock Investors a New Reason to Worry
Top Memory Chipmaker Plunges as Sharp Pullback Extends. How to Play It Here.
#investors #NASDAQ #nasx
Much of that climb came during the last year and a half, when investors recognized that Advanced Micro had secured a front-row seat in the artificial intelligence (AI) boom. Rising demand for AI chips across data centers and personal computers has since given the company's growth story fresh momentum.
Ahead of ******* eX Earnings, Here's What Barchart Data Says Comes Next for SPCX Stock
China Just Gave Sandisk Stock Investors a New Reason to Worry
Top Memory Chipmaker Plunges as Sharp Pullback Extends. How to Play It Here.
#investors #NASDAQ #nasx
3 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.
Many class-action lawsuits involve data breaches, product liability, or fraud. But a recently settled case is based on a claim of a credit reporting mistake.
In a recent settlement involving Equifax, the legal claim concerns an alleged error in the reporting of unpaid debt. The consumer credit reporting company was accused of noting a collection account more than once on some individual credit reports. Equifax has denied any wrongdoing but agreed to a $2.2 million settlement.
The number of impacted consumers was estimated at 37,000, according to the official settlement notice.
Here is what the Equifax class-action lawsuit settlement is all about and who is eligible to receive a share of the multimillion-dollar cash payout.
#advertiser
Many class-action lawsuits involve data breaches, product liability, or fraud. But a recently settled case is based on a claim of a credit reporting mistake.
In a recent settlement involving Equifax, the legal claim concerns an alleged error in the reporting of unpaid debt. The consumer credit reporting company was accused of noting a collection account more than once on some individual credit reports. Equifax has denied any wrongdoing but agreed to a $2.2 million settlement.
The number of impacted consumers was estimated at 37,000, according to the official settlement notice.
Here is what the Equifax class-action lawsuit settlement is all about and who is eligible to receive a share of the multimillion-dollar cash payout.
#advertiser
4 days ago
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7 days ago
Currently, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is trailing Apple (NASDAQ: AAPL) in the race to join Nvidia (NASDAQ: NVDA) in the $5 trillion market-cap club. Apple is just over $200 billion in market cap away from joining, while Alphabet is about $1 trillion away following its sell-off.
However, I think Alphabet can overcome this deficit if the market comes to its senses. Alphabet's business can actually justify a $5 trillion market cap, while Apple's is questionable. It's all because of one factor: valuation.
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 »
When comparing Alphabet and Apple, it's clear that they are two entirely different businesses. Apple stakes its company on the success of its hardware business, although it generates a fair bit of revenue from its services as well. Alphabet is more software focused. Alphabet clearly has some hardware exposure, but it also has a cloud computing business that involves purchasing hardware and renting it back out to clients. Regardless, both companies have proved their merits over the long term.
However, Alphabet looks to be the stronger company. From a revenue standpoint, Apple is still outperforming Alphabet. But that's not nearly as important for companies this size. What matters is how the company uses that revenue, and investors are more focused on profits. From a net income standpoint, Alphabet is starting to put some distance between itself and Apple.
#NASDAQ #company #signal #trillion
However, I think Alphabet can overcome this deficit if the market comes to its senses. Alphabet's business can actually justify a $5 trillion market cap, while Apple's is questionable. It's all because of one factor: valuation.
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 »
When comparing Alphabet and Apple, it's clear that they are two entirely different businesses. Apple stakes its company on the success of its hardware business, although it generates a fair bit of revenue from its services as well. Alphabet is more software focused. Alphabet clearly has some hardware exposure, but it also has a cloud computing business that involves purchasing hardware and renting it back out to clients. Regardless, both companies have proved their merits over the long term.
However, Alphabet looks to be the stronger company. From a revenue standpoint, Apple is still outperforming Alphabet. But that's not nearly as important for companies this size. What matters is how the company uses that revenue, and investors are more focused on profits. From a net income standpoint, Alphabet is starting to put some distance between itself and Apple.
#NASDAQ #company #signal #trillion
10 days ago
July 24 (Reuters) - India's HCLTech said on Friday it would invest 142.57 billion rupees ($1.48 billion) to set up its first AI data center in the eastern state of Odisha in partnership with homegrown startup Sarvam AI.
India's IT services firms are entering the data center business to capitalise on demand from AI and cloud computing while diversifying beyond their traditional outsourcing operations.
HCLTech's investment will include financial support from the Odisha government, the company said.
The project, based in the state capital of Bhubaneswar, will utilise HCLTech's full-stack AI capabilities and Sarvam's foundation models to offer sector-specific AI applications to both government-owned and private companies.
Last month, HCLTech acquired a 10.5% stake in Sarvam AI for $150 million.
#sarvam #reuters
India's IT services firms are entering the data center business to capitalise on demand from AI and cloud computing while diversifying beyond their traditional outsourcing operations.
HCLTech's investment will include financial support from the Odisha government, the company said.
The project, based in the state capital of Bhubaneswar, will utilise HCLTech's full-stack AI capabilities and Sarvam's foundation models to offer sector-specific AI applications to both government-owned and private companies.
Last month, HCLTech acquired a 10.5% stake in Sarvam AI for $150 million.
#sarvam #reuters
11 days ago
July 22 (Reuters) - Coinbase has settled a Freedom of Information Act lawsuit against the U.S. Securities and Exchange Commission over records it sought from the agency, the cryptocurrency exchange's chief legal officer, Paul Grewal, said in a Wall Street Journal op-ed on Wednesday.
Grewal said the agency, which polices corporate record-keeping, had lost text messages between former Chair Gary Gensler and other officials after a process the SEC said "automatically wiped" certain data.
As part of the settlement, the SEC will pay $150,000 and fix its record-retention policies, he wrote.
SEC did not immediately respond to a Reuters request for comment.
Coinbase sued the SEC and the Federal Deposit Insurance Corp. in 2024, seeking documents it said would show a concerted effort by U.S. regulators to stamp out crypto companies.
#grewal #july #securities
Grewal said the agency, which polices corporate record-keeping, had lost text messages between former Chair Gary Gensler and other officials after a process the SEC said "automatically wiped" certain data.
As part of the settlement, the SEC will pay $150,000 and fix its record-retention policies, he wrote.
SEC did not immediately respond to a Reuters request for comment.
Coinbase sued the SEC and the Federal Deposit Insurance Corp. in 2024, seeking documents it said would show a concerted effort by U.S. regulators to stamp out crypto companies.
#grewal #july #securities
12 days ago
So far, artificial intelligence has mostly been considered in terms of infrastructure investments, which have attracted all the investors' attention to companies like Nvidia (NVDA) and hyperscalers. The situation might start changing soon as HSBC is convinced that Apple (AAPL) is approaching the time when it can benefit from having a big installed base instead of engaging in an AI arms race. At the same time, the company has one of its best product lines ever, which makes Apple ready to enter a new upgrade cycle as it takes back the ******* le of the world's most valuable publicly traded company from Nvidia.
Apple is the largest consumer technology company in the world that designs iPhones, Macs, iPads, wearable products, and an expanding ecosystem of services. Headquartered in Cupertino, California, the company has a market capitalization of nearly $4.9 trillion, thus making Apple one of the most valuable businesses in history.
Huge, Unusual Intel Options Volume Today Ahead of Earnings This Week
Intel Stock Is Down, But Put Premiums are High - Put Short Sellers Love the High Yields
The Number Tesla Stock Bulls Are Really Waiting for This Earnings Season Has Nothing to Do With Cars
#NVIDIA
Apple is the largest consumer technology company in the world that designs iPhones, Macs, iPads, wearable products, and an expanding ecosystem of services. Headquartered in Cupertino, California, the company has a market capitalization of nearly $4.9 trillion, thus making Apple one of the most valuable businesses in history.
Huge, Unusual Intel Options Volume Today Ahead of Earnings This Week
Intel Stock Is Down, But Put Premiums are High - Put Short Sellers Love the High Yields
The Number Tesla Stock Bulls Are Really Waiting for This Earnings Season Has Nothing to Do With Cars
#NVIDIA
17 days ago
July 16, 2026, 5:07 pm EDT
Healthcare has outperformed the market over the past three months, thanks to promising biopharma developments and improved sentiment on large insurers, particularly those that serve seniors in the Medicare program.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Healthcare has outperformed the market over the past three months, thanks to promising biopharma developments and improved sentiment on large insurers, particularly those that serve seniors in the Medicare program.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
18 days ago
BYD trades at a forward P/E of 11 despite generating $317M in quarterly EBITDAR, with 17% upside to a fair value target of $102.
Boyd's 1.8x leverage dwarfs peers MGM and PENN, and its $150M quarterly buyback pace has shrunk the share count 33% over four years.
Boyd beat Q2 2025 EPS estimates by 15%, triggering a 4.4% same-day pop, with a 0.17 put/call ratio flagging bullish positioning ahead of July 23.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Boyd Gaming didn't make the cut. Grab the names FREE today.
Boyd Gaming (NYSE:BYD) stands out in gaming heading into its confirmed July 23 earnings release, and the setup is doing most of the work for you. The 24/7 Wall St.'s base case pegs fair value at $102.07 against an $86.03 print as of July 14, a 16.91% upside call with a 90% confidence score and a Buy recommendation. The conviction case rests on a buyback machine, a rerating catalyst two weeks out and a valuation that ignores the earnings power underneath.
Boyd's 1.8x leverage dwarfs peers MGM and PENN, and its $150M quarterly buyback pace has shrunk the share count 33% over four years.
Boyd beat Q2 2025 EPS estimates by 15%, triggering a 4.4% same-day pop, with a 0.17 put/call ratio flagging bullish positioning ahead of July 23.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Boyd Gaming didn't make the cut. Grab the names FREE today.
Boyd Gaming (NYSE:BYD) stands out in gaming heading into its confirmed July 23 earnings release, and the setup is doing most of the work for you. The 24/7 Wall St.'s base case pegs fair value at $102.07 against an $86.03 print as of July 14, a 16.91% upside call with a 90% confidence score and a Buy recommendation. The conviction case rests on a buyback machine, a rerating catalyst two weeks out and a valuation that ignores the earnings power underneath.
21 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.
Deposit account rates are on the decline — but the good news is you can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs still pay rates of 4% or higher. Read on for a snapshot of CD rates today and where to find the best offers.
CDs today typically offer rates significantly higher than traditional savings accounts. Currently, the best short-term CDs (six to 12 months) generally offer rates around 4% APY.
Today, the highest CD rate is 4.10% APY. This rate is offered by Marcus by Goldman Sachs on its 14-month CD.
The following is a look at some of the best CD rates available today, Tuesday, July 14, 2026, from our verified partners.
Deposit account rates are on the decline — but the good news is you can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs still pay rates of 4% or higher. Read on for a snapshot of CD rates today and where to find the best offers.
CDs today typically offer rates significantly higher than traditional savings accounts. Currently, the best short-term CDs (six to 12 months) generally offer rates around 4% APY.
Today, the highest CD rate is 4.10% APY. This rate is offered by Marcus by Goldman Sachs on its 14-month CD.
The following is a look at some of the best CD rates available today, Tuesday, July 14, 2026, from our verified partners.
24 days ago
Vertex Pharmaceuticals (NASDAQ:VRTX) is one of the best QQQ Stocks to invest in. On July 1, Vertex Pharmaceuticals announced that the US FDA approved the expanded use of its genetic therapy, CASGEVY, to treat children as young as 2 years old. This makes it the first and only approved gene therapy for patients of this age range suffering from sickle cell disease or transfusion-dependent beta thalassemia.
This regulatory milestone makes approximately 5,500 additional children in the US eligible for the one-time treatment. By providing earlier access to the therapy, clinicians hope to address the progression of these life-shortening diseases before significant, irreversible organ damage occurs.
Vertex Pharmaceuticals (NASDAQ:VRTX) established a network of over 75 authorized treatment centers across the U.S. to manage patient access and care. While this approval is specific to the US market, the company noted that regulatory reviews for similar label expansions are currently underway in the UK and the Kingdom of Saudi Arabia.
Vertex Pharmaceuticals (NASDAQ:VRTX) operates as a biotechnology company in the US, Europe, and internationally.
While we acknowledge the potential of VRTX 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.
This regulatory milestone makes approximately 5,500 additional children in the US eligible for the one-time treatment. By providing earlier access to the therapy, clinicians hope to address the progression of these life-shortening diseases before significant, irreversible organ damage occurs.
Vertex Pharmaceuticals (NASDAQ:VRTX) established a network of over 75 authorized treatment centers across the U.S. to manage patient access and care. While this approval is specific to the US market, the company noted that regulatory reviews for similar label expansions are currently underway in the UK and the Kingdom of Saudi Arabia.
Vertex Pharmaceuticals (NASDAQ:VRTX) operates as a biotechnology company in the US, Europe, and internationally.
While we acknowledge the potential of VRTX 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.
25 days ago
Pfizer trades at 8x forward earnings with a 7.2% yield, and CVS holds at just 14x despite a dramatic earnings turnaround.
AT&T's 5.39% yield is backed by record internet subscriber growth and management's commitment to $45B in shareholder returns through 2028.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Pfizer didn't make the cut. Grab the names FREE today.
The S&P 500 keeps climbing, up nearly 9% year to date, and yet a handful of large-cap dividend payers are trading like the bull market forgot they exist. That is exactly where opportunity hides in July. If you have $1,000 to put to work, three NYSE-listed names stand out on valuation, cash flow, and payout durability. Each carries a forward earnings multiple well below the broader market, each throws off real income, and each has a specific catalyst that could re-rate the stock over the next 12 to 18 months.
The premise is simple. When investors crowd into AI and momentum, cash-generative businesses get orphaned. That is the setup here.
AT&T's 5.39% yield is backed by record internet subscriber growth and management's commitment to $45B in shareholder returns through 2028.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Pfizer didn't make the cut. Grab the names FREE today.
The S&P 500 keeps climbing, up nearly 9% year to date, and yet a handful of large-cap dividend payers are trading like the bull market forgot they exist. That is exactly where opportunity hides in July. If you have $1,000 to put to work, three NYSE-listed names stand out on valuation, cash flow, and payout durability. Each carries a forward earnings multiple well below the broader market, each throws off real income, and each has a specific catalyst that could re-rate the stock over the next 12 to 18 months.
The premise is simple. When investors crowd into AI and momentum, cash-generative businesses get orphaned. That is the setup here.
25 days ago
Amazon.com (NASDAQ:AMZN) primarily generates revenue by operating a vast global e-commerce retail enterprise alongside providing comprehensive cloud computing, digital advertising, and subscription services.
It faced regulatory scrutiny from the National Labor Relations Board and launched a private freight network, while it reported a net income margin of 17% for the quarter ended March 31, 2026.
Shopify (NASDAQ:SHOP) primarily generates its revenue by providing an extensive suite of software, financial tools, and operational services that equip independent merchants to run digital and physical storefronts globally.
It settled a copyright lawsuit with a competitor and experienced a temporary administrative outage. It reported a net income margin of -18% for the quarter ended March 31, 2026.
Revenue serves as a crucial baseline indicator for investors to **** s a company's fundamental ability to generate continuous customer demand and scale its ongoing operations over time.
It faced regulatory scrutiny from the National Labor Relations Board and launched a private freight network, while it reported a net income margin of 17% for the quarter ended March 31, 2026.
Shopify (NASDAQ:SHOP) primarily generates its revenue by providing an extensive suite of software, financial tools, and operational services that equip independent merchants to run digital and physical storefronts globally.
It settled a copyright lawsuit with a competitor and experienced a temporary administrative outage. It reported a net income margin of -18% for the quarter ended March 31, 2026.
Revenue serves as a crucial baseline indicator for investors to **** s a company's fundamental ability to generate continuous customer demand and scale its ongoing operations over time.
29 days ago
Micron Technology, Inc. (NASDAQ:MU) was among the stocks Jim Cramer commented on as he advised investors on how to take advantage of Wednesday's market rotation. Cramer highlighted the company as a "secular growth story." He stated:
What should I have recommended? Well, how about 10 stocks that were easily in my grasp that I owe to you to tell you why I got them wrong. Why I didn't say buy these stocks that turned out to be huge winners, because I knew them well, and I should have done so. First is Micron with the CEO, Sanjay Mehrotra, who was on the show last night. Oh, I could have caught Micron for you, as I believe in the data center-induced memory shortage, but I was caught up in the history of this group. I was concerned that Micron could have one of those cyclical downturns like it always seemed to have whenever the memory and storage makers ramp up the production.
That was textbook wrong. Micron's become a secular growth story, not a cyclical story. The chip shortage is so severe because of the data center memory demand. This company's been able to lock in excellent pricing for multiple years to come. It had never happened before.
So Micron was gettable, and the same goes for Seagate, Sandisk, Western Digital, which are all in the same business. But let's do some serious, if not extreme, multi-year self-flagellation. As a hedge fund manager, I once owned 4.9% of Western Digital, and then it blew up in my face because, again, until very recently, this was a textbook boom and bust business. I knew the perils of owning it, and I let that history color my judgment, colored incorrectly.
Stock market data. Photo by Burak The Weekender on Pexels
What should I have recommended? Well, how about 10 stocks that were easily in my grasp that I owe to you to tell you why I got them wrong. Why I didn't say buy these stocks that turned out to be huge winners, because I knew them well, and I should have done so. First is Micron with the CEO, Sanjay Mehrotra, who was on the show last night. Oh, I could have caught Micron for you, as I believe in the data center-induced memory shortage, but I was caught up in the history of this group. I was concerned that Micron could have one of those cyclical downturns like it always seemed to have whenever the memory and storage makers ramp up the production.
That was textbook wrong. Micron's become a secular growth story, not a cyclical story. The chip shortage is so severe because of the data center memory demand. This company's been able to lock in excellent pricing for multiple years to come. It had never happened before.
So Micron was gettable, and the same goes for Seagate, Sandisk, Western Digital, which are all in the same business. But let's do some serious, if not extreme, multi-year self-flagellation. As a hedge fund manager, I once owned 4.9% of Western Digital, and then it blew up in my face because, again, until very recently, this was a textbook boom and bust business. I knew the perils of owning it, and I let that history color my judgment, colored incorrectly.
Stock market data. Photo by Burak The Weekender on Pexels
30 days ago
NVIDIA Corporation (NASDAQ:NVDA) was among the stocks on Jim Cramer's Mad Money radar as he taught investors how to profit from the upcoming wave of takeovers. Discussing stocks that have declined in the second quarter, Cramer mentioned the company and its possible competitors.
Six: NVIDIA. NVIDIA, down just over 5% this month. At these levels, the stock sells at an incredibly cheap 22 times earnings. NVIDIA's got an insane amount of business. So what's keeping a lid on the stock? Well, the company has some powerful detractors, mainly clients that feel they charge too much, like Google and Amazon and Tesla. Hey, by the way, they're customers. The first two claim that they have better chips than NVIDIA, even as they use NVIDIA. Plus, there's Broadcom, vicious competitor, and CEO Hock Tan's out there saying it can compete; it can take share from NVIDIA.
So how can it change its stock's trajectory? Historically, I'd say they just need to keep reporting breathtaking results. The problem is the spectacular results haven't driven the stock higher. Investors say it can't continue. NVIDIA needs to get many more clients away from the Mag Seven, like sovereign wealth funds… And it needs to buy back stock hand over fist mimicking Apple during its historic run. The stock is that cheap.
In the end, I'm sticking with my view that you need to own NVIDIA, not trade it. But that would be a lot easier if Jensen Huang and his fabulous team declared a much, much bigger buyback than they have. They got the cash. I repeat, though, the issue is the narrative. NVIDIA's at the heart of the data center. Almost every company with any component of the data center saw its stock soar this month. I know NVIDIA's stock is the biggest in the world, but it needs to show it by telling us its stock is the best value of anything. It keeps buying share of other companies; buy it itself. That will change the direction of the price. It did for Apple. It will do it for NVIDIA.
Photo by Christian Wiediger on Unsplash
Six: NVIDIA. NVIDIA, down just over 5% this month. At these levels, the stock sells at an incredibly cheap 22 times earnings. NVIDIA's got an insane amount of business. So what's keeping a lid on the stock? Well, the company has some powerful detractors, mainly clients that feel they charge too much, like Google and Amazon and Tesla. Hey, by the way, they're customers. The first two claim that they have better chips than NVIDIA, even as they use NVIDIA. Plus, there's Broadcom, vicious competitor, and CEO Hock Tan's out there saying it can compete; it can take share from NVIDIA.
So how can it change its stock's trajectory? Historically, I'd say they just need to keep reporting breathtaking results. The problem is the spectacular results haven't driven the stock higher. Investors say it can't continue. NVIDIA needs to get many more clients away from the Mag Seven, like sovereign wealth funds… And it needs to buy back stock hand over fist mimicking Apple during its historic run. The stock is that cheap.
In the end, I'm sticking with my view that you need to own NVIDIA, not trade it. But that would be a lot easier if Jensen Huang and his fabulous team declared a much, much bigger buyback than they have. They got the cash. I repeat, though, the issue is the narrative. NVIDIA's at the heart of the data center. Almost every company with any component of the data center saw its stock soar this month. I know NVIDIA's stock is the biggest in the world, but it needs to show it by telling us its stock is the best value of anything. It keeps buying share of other companies; buy it itself. That will change the direction of the price. It did for Apple. It will do it for NVIDIA.
Photo by Christian Wiediger on Unsplash
1 month 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.
When there's a major holiday, chances are Wall Street has the day off. In 2026, the stock market will observe 10 holidays, including two early closings. Many stock market holidays are also federal holidays and banking holidays.
The U.S. stock market and bond market will be closed on Friday, July 3, in observance of Independence Day. The U.S. bond market will close at 2 p.m. Eastern on Thursday, July 2. The New York Stock Exchange, Nasdaq, and bond markets will resume regular trading on Monday, July 6.
The U.S. stock market's regular hours are 9:30 a.m. to 4 p.m. Eastern time, Monday through Friday. The two major U.S. stock exchanges, the New York Stock Exchange (NYSE) and the Nasdaq, each observe these trading hours. Both stock exchanges are closed on weekends.
You can still place orders to buy and sell stocks and exchange-traded funds (ETFs) during extended trading hours, but there is added risk. The trading volume is lighter after hours, so prices can be more volatile, and your orders may not execute fully.
When there's a major holiday, chances are Wall Street has the day off. In 2026, the stock market will observe 10 holidays, including two early closings. Many stock market holidays are also federal holidays and banking holidays.
The U.S. stock market and bond market will be closed on Friday, July 3, in observance of Independence Day. The U.S. bond market will close at 2 p.m. Eastern on Thursday, July 2. The New York Stock Exchange, Nasdaq, and bond markets will resume regular trading on Monday, July 6.
The U.S. stock market's regular hours are 9:30 a.m. to 4 p.m. Eastern time, Monday through Friday. The two major U.S. stock exchanges, the New York Stock Exchange (NYSE) and the Nasdaq, each observe these trading hours. Both stock exchanges are closed on weekends.
You can still place orders to buy and sell stocks and exchange-traded funds (ETFs) during extended trading hours, but there is added risk. The trading volume is lighter after hours, so prices can be more volatile, and your orders may not execute fully.
1 month ago
Antipodes Partners published its "Antipodes Global Strategy" first-quarter 2026 investor letter, highlighting the key performance stocks, portfolio changes, and the market outlook. A copy of the letter can be downloaded here. The first quarter of 2026 was highly volatile. Early optimism shifted to a historic energy shock caused by US-Israeli strikes on Iran. Global equities dropped 3.2% in USD, with US equities falling 4.6%, and value stocks outperformed growth stocks as the rotation away from mega-cap tech accelerated due to AI fears. The strategy outperformed the benchmark over the quarter and the 12 months to March 31, 2026. Exposure in North America, Korea, Western Europe, and Latin America regions boosted performance, while Canada and the UK lagged. Energy, consumer discretionary, industrials, and healthcare sectors led the performance, while financials, real estate, and materials lagged. To manage risk, the firm increased its holdings in defensive sectors during the quarter. For insights into their key selections for 2026, please review the Strategy's top five holdings.
In its first-quarter 2026 investor letter, Antipodes Global Strategy highlighted The Progressive Corporation (NYSE:PGR) as a newly added position. The Progressive Corporation (NYSE:PGR) is a leading auto insurer in the United States offering personal autos and special lines products. On June 26, 2026, The Progressive Corporation (NYSE:PGR) closed at $224.34 per share. The one-month return of The Progressive Corporation (NYSE:PGR) was 16.44%, and its shares lost 15.93% over the past 52 weeks. The Progressive Corporation (NYSE:PGR) has a market capitalization of $131.09 billion.
Antipodes Global Strategy stated the following regarding The Progressive Corporation (NYSE:PGR) in its Q1 2026 investor letter:
"The Progressive Corporation (NYSE:PGR): We initiated a position in Progressive, a leading US personal and commercial auto insurer with top-tier market positions, a hybrid distribution model, and a strong track record of innovation and underwriting discipline. Despite derating from its September 2025 highs, Progressive reported strong fourth-quarter results with net income up 25%, policies in force growing 10% to 38.6 million, and a full-year combined ratio of ~88%. The company has a proven track record, most recently as the fastest to react to auto loss cost inflation in 2022 and subsequently able to start reducing rates and rapidly gain market share in 2023-24. At ~11x forward earnings, we see an opportunity to own a high-quality compounder with a proven underwriting discipline."
In its first-quarter 2026 investor letter, Antipodes Global Strategy highlighted The Progressive Corporation (NYSE:PGR) as a newly added position. The Progressive Corporation (NYSE:PGR) is a leading auto insurer in the United States offering personal autos and special lines products. On June 26, 2026, The Progressive Corporation (NYSE:PGR) closed at $224.34 per share. The one-month return of The Progressive Corporation (NYSE:PGR) was 16.44%, and its shares lost 15.93% over the past 52 weeks. The Progressive Corporation (NYSE:PGR) has a market capitalization of $131.09 billion.
Antipodes Global Strategy stated the following regarding The Progressive Corporation (NYSE:PGR) in its Q1 2026 investor letter:
"The Progressive Corporation (NYSE:PGR): We initiated a position in Progressive, a leading US personal and commercial auto insurer with top-tier market positions, a hybrid distribution model, and a strong track record of innovation and underwriting discipline. Despite derating from its September 2025 highs, Progressive reported strong fourth-quarter results with net income up 25%, policies in force growing 10% to 38.6 million, and a full-year combined ratio of ~88%. The company has a proven track record, most recently as the fastest to react to auto loss cost inflation in 2022 and subsequently able to start reducing rates and rapidly gain market share in 2023-24. At ~11x forward earnings, we see an opportunity to own a high-quality compounder with a proven underwriting discipline."
1 month ago
Last Updated: June. 26, 2026 at 8:13pm ET
Updated 2026년 6월 26일 오후 4:57 New York 시간
By
Corrie Driebusch
,
Updated 2026년 6월 26일 오후 4:57 New York 시간
By
Corrie Driebusch
,
1 month ago
The Wendy's Company has appointed Steve Cirulis as its new chief financial officer (CFO) and chief strategy officer (CSO).
He succeeds Ken Cook, who has overseen the finance function since 2024. Cook will stay on in an advisory role until next month to support the transition.
Cirulis will report to Bob Wright, who was appointed as the company's president and CEO last month.
In his new role, Cirulis will be part of the company's senior leadership team.
Cirulis said: "It is an honour to join this iconic brand at such a pivotal time in its history.
He succeeds Ken Cook, who has overseen the finance function since 2024. Cook will stay on in an advisory role until next month to support the transition.
Cirulis will report to Bob Wright, who was appointed as the company's president and CEO last month.
In his new role, Cirulis will be part of the company's senior leadership team.
Cirulis said: "It is an honour to join this iconic brand at such a pivotal time in its history.
1 month ago
By
Updated June 23, 2026 5:08 pm ET
Listen
(1 min)
Nike NKE -1.32%
decrease; down pointing triangle
appointed David Denton as its next chief financial officer, bringing in the Pfizer PFE -2.75%
decrease; down pointing triangle
executive to oversee finances for the beleaguered sneakers and apparel company.
Updated June 23, 2026 5:08 pm ET
Listen
(1 min)
Nike NKE -1.32%
decrease; down pointing triangle
appointed David Denton as its next chief financial officer, bringing in the Pfizer PFE -2.75%
decrease; down pointing triangle
executive to oversee finances for the beleaguered sneakers and apparel company.
1 month ago
F5, Inc. (FFIV) is a Seattle-based technology company that provides application security, delivery, and multicloud networking solutions. The company helps enterprises, service providers, and government organizations secure, manage, and optimize applications across on-premises, cloud, and hybrid environments.
Companies with market capitalizations of $10 billion or more are generally classified as "large-cap stocks," and F5 easily clears that bar. With a valuation of roughly $22.1 billion, the company stands firmly in large-cap territory, underscoring its scale and established presence in the technology ****** e.
D-Wave Just Unveiled a Major Quantum Breakthrough. QBTS Stock Looks Ready for Another Surge.
Micron Technology Earnings: Bull Put Spread Trade
Marvell Technology Stock Has Skyrocketed, But Could MRVL Be Worth 24% More?
Companies with market capitalizations of $10 billion or more are generally classified as "large-cap stocks," and F5 easily clears that bar. With a valuation of roughly $22.1 billion, the company stands firmly in large-cap territory, underscoring its scale and established presence in the technology ****** e.
D-Wave Just Unveiled a Major Quantum Breakthrough. QBTS Stock Looks Ready for Another Surge.
Micron Technology Earnings: Bull Put Spread Trade
Marvell Technology Stock Has Skyrocketed, But Could MRVL Be Worth 24% More?
1 month ago
Barclays recently upgraded Enphase Energy (ENPH), citing two primary catalysts: the firm's emerging solid-state transformer business targeting data centers and the commencement of new IQ9S-3P Commercial Microinverter shipments in the U.S.
The bullish note arrives at a pivotal moment for Enphase stock, which is down about 27% versus its year-to-date high in the first week of June.
Dear Microsoft Stock Fans, Mark Your Calendars for June 30
Micron Technology Earnings: Bull Put Spread Trade
Dear Walmart Stock Fans, Mark Your Calendars for June 22
The bullish note arrives at a pivotal moment for Enphase stock, which is down about 27% versus its year-to-date high in the first week of June.
Dear Microsoft Stock Fans, Mark Your Calendars for June 30
Micron Technology Earnings: Bull Put Spread Trade
Dear Walmart Stock Fans, Mark Your Calendars for June 22
1 month ago
August live cattle (LEQ26) futures last Thursday closed down $2.225 to $246.625 and for the week were up $5.45. August feeder cattle (GFQ26) futures fell $0.825 to $366.60, hit a five-week high, and for the week were up $9.175. The cattle futures bulls have the firm near-term technical advantage as prices are in near-term uptrends. The trend is the bulls' friend.
The cattle futures bulls got an added boost with last Thursday afternoon's monthly USDA cattle-on-feed report that leaned price-friendly for futures.
Cocoa Prices Surge on Excessive Rain in the Ivory Coast
Drier Weather in Brazil Aids Coffee Harvest and Weighs on Prices
Sugar Prices Slide Amid Crude Oil Weakness
The cattle futures bulls got an added boost with last Thursday afternoon's monthly USDA cattle-on-feed report that leaned price-friendly for futures.
Cocoa Prices Surge on Excessive Rain in the Ivory Coast
Drier Weather in Brazil Aids Coffee Harvest and Weighs on Prices
Sugar Prices Slide Amid Crude Oil Weakness
2 months ago
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Opposition to artificial intelligence (AI) data centers is accelerating across the United States, with local resistance blocking or delaying at least 75 projects worth about $130 billion in the first quarter of 2026, according to a new report.
The report by Data Center Watch published earlier this month, covering January through March, said Q1 marked the largest single-quarter concentration of disrupted data center developments on record, underscoring growing regulatory, environmental, and community pushback against rapid AI infrastructure expansion.
Data Center Watch said pushback is no longer limited to isolated local disputes.
Don't Miss:
Opposition to artificial intelligence (AI) data centers is accelerating across the United States, with local resistance blocking or delaying at least 75 projects worth about $130 billion in the first quarter of 2026, according to a new report.
The report by Data Center Watch published earlier this month, covering January through March, said Q1 marked the largest single-quarter concentration of disrupted data center developments on record, underscoring growing regulatory, environmental, and community pushback against rapid AI infrastructure expansion.
Data Center Watch said pushback is no longer limited to isolated local disputes.
Don't Miss:
2 months ago
June 18 (Reuters) - Shares of Elon Musk's rockets-to-AI firm ****** eX dropped nearly 9% on Thursday, as the post-IPO frenzy that briefly placed it among the top five most valuable companies of the world appeared to fizzle out.
Its shares were last down 8.8% to $174.8, after falling nearly 5% in the last session. Despite the losses, the stock still traded more than 29% above its $135 offering price.
Earlier this week, the market capitalization of ****** eX overtook that of Amazon, momentarily even surpassing that of Microsoft.
Bloomberg News reports on Thursday that ****** eX bankers were preparing for a bond sale of at least $20 billion. ****** eX also said earlier this week that it is buying Anysphere, the startup behind the popular AI coding agent Cursor, for $60 billion in an all-stock deal.
(Reporting by Shashwat Chauhan in Bengaluru; Editing by Joyjeet Das)
Its shares were last down 8.8% to $174.8, after falling nearly 5% in the last session. Despite the losses, the stock still traded more than 29% above its $135 offering price.
Earlier this week, the market capitalization of ****** eX overtook that of Amazon, momentarily even surpassing that of Microsoft.
Bloomberg News reports on Thursday that ****** eX bankers were preparing for a bond sale of at least $20 billion. ****** eX also said earlier this week that it is buying Anysphere, the startup behind the popular AI coding agent Cursor, for $60 billion in an all-stock deal.
(Reporting by Shashwat Chauhan in Bengaluru; Editing by Joyjeet Das)
