18 hours ago
Investors are bailing on Chewy (CHWY) shares on Sept. 11 after a senior JPMorgan ***** yst downgraded the online pet food and supplies retailer to "Neutral." In his research note, Doug Anmuth reduced his price objective on CHWY to $24, although that still represents about a 20% upside from current levels.
Chewy stock has been out of favor with investors in 2026. It is currently down nearly 40% versus the start of this year.
GME Stock Jumps as GameStop CEO Ryan Cohen Buys $20 Million Worth of Shares
Rocket Lab Stock Just Scored a New Bullish Rating
Cathie Wood Just Bet $45 Million on This Beaten-Down ***** e Stock. Wall Street Sees 70% Upside.
#Stock #investors #jpmorgan
Chewy stock has been out of favor with investors in 2026. It is currently down nearly 40% versus the start of this year.
GME Stock Jumps as GameStop CEO Ryan Cohen Buys $20 Million Worth of Shares
Rocket Lab Stock Just Scored a New Bullish Rating
Cathie Wood Just Bet $45 Million on This Beaten-Down ***** e Stock. Wall Street Sees 70% Upside.
#Stock #investors #jpmorgan
6 days ago
Bloomberg reported that Elon Musk said ****** e Exploration Technologies Corp. (NASDAQ:SPCX) first AI satellites, powered exclusively by NVIDIA Corporation (NASDAQ:NVDA) chips, will launch in the fourth quarter of 2027 and reach "significant scale" in 2028, citing a post on X. Musk wrote "SpaceX, in partnership with Nvidia, has designed a ****** e-optimized Vera Rubin NVL72 system for launch to orbit in Q4 next year," describing the satellite data center as "significantly simpler, lower cost, denser, and lighter than a traditional rack."
The timeline has moved up twice since ****** eX's May IPO prospectus, which targeted "as early as 2028," and Musk's August 4 earnings call comments, which said launches would begin "next year." ****** eX COO Gwynne Shotwell told CNBC ahead of the IPO that the firm has already struck deals with Anthropic and Google to rent out orbital compute capacity.
The timeline is moving earlier, not later, which is unusual for a ****** e infrastructure project. ****** e Exploration Technologies Corp. (NASDAQ:SPCX) pulled its target forward from as early as 2028 in its IPO prospectus to a specific Q4 2027 date within a few months. The acceleration shows ****** eX believes development is progressing faster than previously expected and could bring orbital computing revenue online sooner than investors initially anticipated.
Real customers have already committed before ****** eX launches a single satellite. ****** eX President Gwynne Shotwell told CNBC that the company has struck deals with Anthropic and Google to rent orbital compute capacity. It shows that major AI companies already see potential value in the technology. Those early commitments could reduce demand risk if ****** eX delivers the planned capacity.
Wall Street sees a large long-term opportunity if the technology works as described. JPMorgan ****** yst Doug Anmuth projected ****** eX could pursue roughly 75 gigawatts of orbital compute by the end of 2031 at a significantly cheaper cost than could be done on Earth a scale that would make this a meaningful new revenue stream beyond ****** eX's existing launch and Starlink businesses.
#SpaceX #NASDAQ #already #compute
The timeline has moved up twice since ****** eX's May IPO prospectus, which targeted "as early as 2028," and Musk's August 4 earnings call comments, which said launches would begin "next year." ****** eX COO Gwynne Shotwell told CNBC ahead of the IPO that the firm has already struck deals with Anthropic and Google to rent out orbital compute capacity.
The timeline is moving earlier, not later, which is unusual for a ****** e infrastructure project. ****** e Exploration Technologies Corp. (NASDAQ:SPCX) pulled its target forward from as early as 2028 in its IPO prospectus to a specific Q4 2027 date within a few months. The acceleration shows ****** eX believes development is progressing faster than previously expected and could bring orbital computing revenue online sooner than investors initially anticipated.
Real customers have already committed before ****** eX launches a single satellite. ****** eX President Gwynne Shotwell told CNBC that the company has struck deals with Anthropic and Google to rent orbital compute capacity. It shows that major AI companies already see potential value in the technology. Those early commitments could reduce demand risk if ****** eX delivers the planned capacity.
Wall Street sees a large long-term opportunity if the technology works as described. JPMorgan ****** yst Doug Anmuth projected ****** eX could pursue roughly 75 gigawatts of orbital compute by the end of 2031 at a significantly cheaper cost than could be done on Earth a scale that would make this a meaningful new revenue stream beyond ****** eX's existing launch and Starlink businesses.
#SpaceX #NASDAQ #already #compute
10 days ago
Analyst Doug Anmuth reiterated JPMorgan's Overweight rating and a $240 price target for ***** eX (SPCX) last week. This wasn't a new upgrade, but JPMorgan showed that it remains bullish on ***** eX and, by extension, its AI operations, which account for most of ***** eX's valuation.
The new development was the firm's growing confidence in Grok after ***** eX completed its acquisition of Cursor. Cursor reached $4 billion in annual recurring revenue in the most recent quarter, and it gives ***** eX solid enterprise revenue alongside the short-to-medium-term revenue coming from Alphabet (GOOG) (GOOGL) and Anthropic.
Dear GameStop Stock Fans, Mark Your Calendars for September 8
Why ***** ysts Think Sellas Life Sciences Stock Can Gain 150% From Here
Jensen Huang: Nvidia's Vera Rubin Platform Turns Electricity Into a $40 Billion Cash Machine
#Stock #analyst #doug #anmuth
The new development was the firm's growing confidence in Grok after ***** eX completed its acquisition of Cursor. Cursor reached $4 billion in annual recurring revenue in the most recent quarter, and it gives ***** eX solid enterprise revenue alongside the short-to-medium-term revenue coming from Alphabet (GOOG) (GOOGL) and Anthropic.
Dear GameStop Stock Fans, Mark Your Calendars for September 8
Why ***** ysts Think Sellas Life Sciences Stock Can Gain 150% From Here
Jensen Huang: Nvidia's Vera Rubin Platform Turns Electricity Into a $40 Billion Cash Machine
#Stock #analyst #doug #anmuth
19 days ago
Musk accelerated **** eX's (SPCX) orbital data center launch to Q4 2027, and JPMorgan held its $240 price target, implying roughly 75% upside from current levels.
NVIDIA (NVDA) reports Wednesday, and **** e peers like RKLB sitting out the rally confirm **** eX's surge is a targeted AI-compute repricing, not a sector rotation.
Don't wait: the **** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
SpaceX (NASDAQ:SPCX) stock is up 3% to $139.06 midday Tuesday, breaking from a lukewarm **** e complex that hasn't followed the move. The Procure **** e ETF (NASDAQ:UFO) is up 0.1% to $44.71, well behind the single-name headline **** eX is driving in the sector. Meanwhile, the Invesco QQQ Trust (NASDAQ:QQQ) is up 0.64% to $710.82, a broad-tape backdrop that hardly explains the outsized single-name pop.
The catalyst is twofold. **** eX Founder Elon Musk posted on X Monday afternoon that his company has designed a **** e-optimized Vera Rubin NVL72 system for launch to orbit in Q4 next year, pulling its first orbital data center milestone forward from a previously stated 2028 target. JPMorgan **** yst Doug Anmuth followed Tuesday with a maintained Overweight rating and a $240 price target on **** eX stock, implying substantial upside from current levels.
#NASDAQ #target #NVIDIA #tuesday
NVIDIA (NVDA) reports Wednesday, and **** e peers like RKLB sitting out the rally confirm **** eX's surge is a targeted AI-compute repricing, not a sector rotation.
Don't wait: the **** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
SpaceX (NASDAQ:SPCX) stock is up 3% to $139.06 midday Tuesday, breaking from a lukewarm **** e complex that hasn't followed the move. The Procure **** e ETF (NASDAQ:UFO) is up 0.1% to $44.71, well behind the single-name headline **** eX is driving in the sector. Meanwhile, the Invesco QQQ Trust (NASDAQ:QQQ) is up 0.64% to $710.82, a broad-tape backdrop that hardly explains the outsized single-name pop.
The catalyst is twofold. **** eX Founder Elon Musk posted on X Monday afternoon that his company has designed a **** e-optimized Vera Rubin NVL72 system for launch to orbit in Q4 next year, pulling its first orbital data center milestone forward from a previously stated 2028 target. JPMorgan **** yst Doug Anmuth followed Tuesday with a maintained Overweight rating and a $240 price target on **** eX stock, implying substantial upside from current levels.
#NASDAQ #target #NVIDIA #tuesday
1 month ago
SpaceX (SPCX) reported second quarter results on Tuesday that topped estimates — its first report as a public company — which comes as the stock has been in a recent free fall. Rising capital expenditures in its Q2 report didn't help matters.
SpaceX's AI segment posted an operating loss of $1.26 billion versus estimates of $2.39 billion, but AI spending ballooned to $15.8 billion in the quarter, larger than expected and much higher than the $7.7 billion spent in Q1.
SpaceX stock slid nearly 10% on Wednesday, nearing recent lows.
The concern with ***** eX's large capital requirements — like those of other large AI frontier startups — is that its AI infrastructure investments will not generate a healthy return given the level of cash required.
"We now project capex of nearly $200B in both 2027 & 2028, which further pressures FCF in 2027, a trend we see across the hyperscalers," JPMorgan ***** yst Doug Anmuth said in a note to investors. On the flip side, Anmuth was impressed by ***** eX's rising annual revenue run rate (ARR), which CEO Elon Musk said could hit $100 billion by the end of the year.
#billion
SpaceX's AI segment posted an operating loss of $1.26 billion versus estimates of $2.39 billion, but AI spending ballooned to $15.8 billion in the quarter, larger than expected and much higher than the $7.7 billion spent in Q1.
SpaceX stock slid nearly 10% on Wednesday, nearing recent lows.
The concern with ***** eX's large capital requirements — like those of other large AI frontier startups — is that its AI infrastructure investments will not generate a healthy return given the level of cash required.
"We now project capex of nearly $200B in both 2027 & 2028, which further pressures FCF in 2027, a trend we see across the hyperscalers," JPMorgan ***** yst Doug Anmuth said in a note to investors. On the flip side, Anmuth was impressed by ***** eX's rising annual revenue run rate (ARR), which CEO Elon Musk said could hit $100 billion by the end of the year.
#billion
