8 hours ago
Alphabet reported earnings on July 22 and the stock dropped more than 7% in a single session. The numbers weren't bad. Cloud grew 82% year over year. Advertising held up. EPS beat. What rattled investors was the spending. Capital expenditure guidance for 2026 came in at $195 billion to $205 billion. Free cash flow went negative for the first time in the company's history. The market looked at that bill and sold first, asked questions later.
Five days later, Phillip Securities ****** yst Serena Lim Yi Qi published a note saying the market got it wrong. On July 27, she upgraded Alphabet to Buy from Accumulate, lowered her price target to $425 from $450, and explained why the combination of those two moves makes sense.
The upgrade from Accumulate to Buy is the meaningful part of the call. Phillip Securities is saying Alphabet's AI momentum has reached the point where sitting on the sidelines no longer makes sense, according to Investing.com.
Lim Yi Qi pointed to Alphabet's vertically integrated AI ecosystem as the core of the bull case. The company controls its own custom silicon through its Tensor Processing Units, runs optimized data centers, and deploys its Gemini models across Search, Cloud, and its broader product suite. That integration, in her view, gives Alphabet a structural advantage that is starting to show up in the numbers in a meaningful way.
The free cash flow picture is more complicated. Alphabet turned negative on free cash flow for the first time this quarter because of the scale of its AI investment. Lim Yi Qi views that as a temporary condition supporting stronger long-term growth rather than a structural problem. The company has also raised its 2026 capex guidance to a range of $195 billion to $205 billion, signaling the buildout is far from over.
#free #flow #first #cloud
Five days later, Phillip Securities ****** yst Serena Lim Yi Qi published a note saying the market got it wrong. On July 27, she upgraded Alphabet to Buy from Accumulate, lowered her price target to $425 from $450, and explained why the combination of those two moves makes sense.
The upgrade from Accumulate to Buy is the meaningful part of the call. Phillip Securities is saying Alphabet's AI momentum has reached the point where sitting on the sidelines no longer makes sense, according to Investing.com.
Lim Yi Qi pointed to Alphabet's vertically integrated AI ecosystem as the core of the bull case. The company controls its own custom silicon through its Tensor Processing Units, runs optimized data centers, and deploys its Gemini models across Search, Cloud, and its broader product suite. That integration, in her view, gives Alphabet a structural advantage that is starting to show up in the numbers in a meaningful way.
The free cash flow picture is more complicated. Alphabet turned negative on free cash flow for the first time this quarter because of the scale of its AI investment. Lim Yi Qi views that as a temporary condition supporting stronger long-term growth rather than a structural problem. The company has also raised its 2026 capex guidance to a range of $195 billion to $205 billion, signaling the buildout is far from over.
#free #flow #first #cloud
22 hours ago
These are unprecedented times, with companies pumping hundreds of billions of dollars into capital expenditures -- data centers, GPUs, and other infrastructure for artificial intelligence (AI). It's an arms race of sorts, and companies are spending first and asking questions later in fear of missing out on their share of AI adoption.
Two groups of AI stocks have formed within this capex boom. On one side are the AI hyperscalers, big tech companies like Microsoft, Amazon, Meta Platforms, and Alphabet. On the other side are neoclouds, companies such as CoreWeave (NASDAQ: CRWV) and Nebius Group (NASDAQ: NBIS), that build specialized GPU data centers and sell the computing power.
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 »
Knowing which group actually wins in the big picture is crucial to deciding where to invest your dollars.
Neocloud companies build specialized GPU data centers, engineered from the ground up for AI workloads. That specialization gives them cost advantages over hyperscalers building more generalized data centers for a broader range of applications. The rampant demand for AI compute is fueling blistering growth at neocloud companies such as CoreWeave and Nebius, where ***** ysts expect revenue to multiply over the next couple of years.
#coreweave #NASDAQ #nebius
Two groups of AI stocks have formed within this capex boom. On one side are the AI hyperscalers, big tech companies like Microsoft, Amazon, Meta Platforms, and Alphabet. On the other side are neoclouds, companies such as CoreWeave (NASDAQ: CRWV) and Nebius Group (NASDAQ: NBIS), that build specialized GPU data centers and sell the computing power.
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 »
Knowing which group actually wins in the big picture is crucial to deciding where to invest your dollars.
Neocloud companies build specialized GPU data centers, engineered from the ground up for AI workloads. That specialization gives them cost advantages over hyperscalers building more generalized data centers for a broader range of applications. The rampant demand for AI compute is fueling blistering growth at neocloud companies such as CoreWeave and Nebius, where ***** ysts expect revenue to multiply over the next couple of years.
#coreweave #NASDAQ #nebius
3 days ago
Earnings season kicked into warp overdrive this past week. And it won't be any easier to navigate the market next week, with results from the likes of Amazon (AMZN), Meta (META), and Microsoft (MSFT).
Here are a few observations about last week's stock moves from Yahoo Finance AlphaSpace that may get your mind right heading into another frenzied week for investing.
So much for the many positives on the AI front from Alphabet's (GOOG, GOOGL) second quarter earnings report.
The market couldn't have cared less.
Alphabet's second quarter capital expenditures came in at $44.9 billion, slightly above Wall Street forecasts of $44.7 billion. Full-year capex guidance was raised to $195 billion to $205 billion from $180 billion to $190 billion, with a "significant" increase seen for 2027, executives said on the earnings call.
#market #second #quarter #Microsoft
Here are a few observations about last week's stock moves from Yahoo Finance AlphaSpace that may get your mind right heading into another frenzied week for investing.
So much for the many positives on the AI front from Alphabet's (GOOG, GOOGL) second quarter earnings report.
The market couldn't have cared less.
Alphabet's second quarter capital expenditures came in at $44.9 billion, slightly above Wall Street forecasts of $44.7 billion. Full-year capex guidance was raised to $195 billion to $205 billion from $180 billion to $190 billion, with a "significant" increase seen for 2027, executives said on the earnings call.
#market #second #quarter #Microsoft
4 days ago
London looks set to open in the red on Friday, with tech selling and oil topping $100 a barrel combining to darken the mood heading into the weekend.
Futures traders have the FTSE 100 called 40 points lower, building on Thursday's 77-point decline to 10,639. The blue-chip index faces pressure from two directions: a sharp Wall Street sell-off driven by disappointing Big Tech earnings, and fresh geopolitical anxiety in the Middle East pushing oil prices to triple figures for the first time in months.
US stocks fell heavily overnight, with the Nasdaq leading the way down 2.2% as investors took a dim view of quarterly results from Alphabet and Tesla. The S&P 500 dropped 1.2%, its worst session of the month, while the Dow shed 1%.
The problem wasn't the earnings themselves, according to Swissquote's Ipek Ozkardeskaya; it was the spending. "Earnings themselves were not the problem; spending and evaporating free cash flow were," she said. "Both Alphabet and Tesla stood by their capital investment plans, while Alphabet raised its capex outlook by $15 billion to $205 billion. Meanwhile, free cash flow at both Alphabet and Tesla turned negative in the second quarter."
Ozkardeskaya warned that Big Tech, once defined by being capital-light and cash-heavy, is becoming the opposite: increasingly reliant on equity and debt issuance to finance AI ambitions at a time when interest rate expectations are moving higher.
#tesla #ozkardeskaya
Futures traders have the FTSE 100 called 40 points lower, building on Thursday's 77-point decline to 10,639. The blue-chip index faces pressure from two directions: a sharp Wall Street sell-off driven by disappointing Big Tech earnings, and fresh geopolitical anxiety in the Middle East pushing oil prices to triple figures for the first time in months.
US stocks fell heavily overnight, with the Nasdaq leading the way down 2.2% as investors took a dim view of quarterly results from Alphabet and Tesla. The S&P 500 dropped 1.2%, its worst session of the month, while the Dow shed 1%.
The problem wasn't the earnings themselves, according to Swissquote's Ipek Ozkardeskaya; it was the spending. "Earnings themselves were not the problem; spending and evaporating free cash flow were," she said. "Both Alphabet and Tesla stood by their capital investment plans, while Alphabet raised its capex outlook by $15 billion to $205 billion. Meanwhile, free cash flow at both Alphabet and Tesla turned negative in the second quarter."
Ozkardeskaya warned that Big Tech, once defined by being capital-light and cash-heavy, is becoming the opposite: increasingly reliant on equity and debt issuance to finance AI ambitions at a time when interest rate expectations are moving higher.
#tesla #ozkardeskaya
4 days ago
This story was originally published on CRE Daily. Join 70,000+ commercial real estate professionals getting daily news, market insights, and industry **** ysis delivered straight to their inbox with the free CRE Daily newsletter.
Florida-based TECfusions is set to go public by merging with Apex Treasury Corp., a **** , at a $4B valuation.
The deal leverages long-term customer contracts, an upcoming expansion into Chile, and a $35M PIPE investment.
Data center IPO activity is accelerating as digital infrastructure operators target public markets to fund AI-driven growth.
TECfusions, a Florida firm specializing in adaptive reuse of industrial facilities for data center operations, will pursue a public listing through a merger with Cayman Islands-based **** Apex Treasury Corp., per The Wall Street Journal. With the transaction expected to close by year-end, the $4B valuation positions TECfusions among the largest US data center IPO stories this cycle. Surging demand for AI and cloud infrastructure has prompted digital infrastructure operators to seek public capital — a trend gaining momentum throughout 2026.
#data #apex #corp
Florida-based TECfusions is set to go public by merging with Apex Treasury Corp., a **** , at a $4B valuation.
The deal leverages long-term customer contracts, an upcoming expansion into Chile, and a $35M PIPE investment.
Data center IPO activity is accelerating as digital infrastructure operators target public markets to fund AI-driven growth.
TECfusions, a Florida firm specializing in adaptive reuse of industrial facilities for data center operations, will pursue a public listing through a merger with Cayman Islands-based **** Apex Treasury Corp., per The Wall Street Journal. With the transaction expected to close by year-end, the $4B valuation positions TECfusions among the largest US data center IPO stories this cycle. Surging demand for AI and cloud infrastructure has prompted digital infrastructure operators to seek public capital — a trend gaining momentum throughout 2026.
#data #apex #corp
4 days ago
US stocks were hammered on Thursday as the latest AI spending outlooks from Alphabet (GOOG) and Tesla (TSLA) spooked investors, and oil prices surged above $100 in the wake of expanded attacks in the Middle East.
The Nasdaq Composite (^IXIC) suffered the worst of the losses, tumbling 2.1% and briefly breaking below 25,000 for the first time since May.
The Dow Jones Industrial Average (^DJI) dropped 0.9%, meanwhile, and the S&P 500 (^GSPC) fell by 1.2%, building on a stock retreat on Wednesday amid a flurry of earnings reports.
Big Tech stocks sold off, led by declines in Alphabet and Tesla shares after the two "Magnificent Seven" heavyweights reported results after Wednesday's market close.
Alphabet posted a strong quarter fundamentally, but the Google parent's raised capex outlook comes as investors scrutinize AI's return on investment. Tesla CEO Elon Musk also said 2026 would be a "massive capex year" for the company, highlighting a focus on Optimus robots, robotaxis, and data centers.
#goog
The Nasdaq Composite (^IXIC) suffered the worst of the losses, tumbling 2.1% and briefly breaking below 25,000 for the first time since May.
The Dow Jones Industrial Average (^DJI) dropped 0.9%, meanwhile, and the S&P 500 (^GSPC) fell by 1.2%, building on a stock retreat on Wednesday amid a flurry of earnings reports.
Big Tech stocks sold off, led by declines in Alphabet and Tesla shares after the two "Magnificent Seven" heavyweights reported results after Wednesday's market close.
Alphabet posted a strong quarter fundamentally, but the Google parent's raised capex outlook comes as investors scrutinize AI's return on investment. Tesla CEO Elon Musk also said 2026 would be a "massive capex year" for the company, highlighting a focus on Optimus robots, robotaxis, and data centers.
#goog
4 days ago
Three big earnings reports came out this week. Alphabet Inc. (NASDAQ:GOOGL) and Tesla, Inc. (NASDAQ:TSLA) reported Wednesday after the market closed, and International Business Machines Corporation (NYSE:IBM) shared its official results the same day. All three show the same thing: spending money on AI is starting to hurt profits. However, each company's story is different enough that treating them as one big story would miss what's actually going on. So let's dig into it:
Alphabet Inc. (NASDAQ:GOOGL) made more money than expected. Revenue came in at $119.8 billion compared to the $116.9 billion ***** ysts expected, growing 24% from last year. Its cloud business also had its best quarter ever. Cloud revenue jumped 82% to $24.77 billion, way above the $22.46 billion ***** ysts predicted, and the amount of future cloud business it has lined up hit $514 billion, up from about $460 billion. Even so, the stock fell about 4% after hours. Why? Because Alphabet said it will spend even more money in 2026 than planned, between $195 billion and $205 billion instead of the earlier $180-190 billion range and well above the roughly $186 billion Wall Street expected. The firm's leftover cash after paying for everything actually went negative, by $5.9 billion, for the first time in at least 10 years. That happened because Alphabet spent $44.9 billion in just this one quarter, double what it spent a year ago. Alphabet's finance chief, Anat Ashkenazi, told ***** ysts the tech firm still doesn't have enough computing power to meet demand. Google is even renting extra computing capacity from ***** eX to keep up while it builds more of its own.
Tesla, Inc. (NASDAQ:TSLA) had a similar problem, just in a different business. Revenue beat expectations, coming in at $28.24 billion versus $25.71 billion expected, up 26% from last year. Tesla also delivered more cars than expected. But profit missed, and adjusted earnings were 33 cents per share, well below the 51 cents ***** ysts expected. The profit margin on each car sold also shrank to about 16.3% instead of the roughly 18% expected. And Tesla's leftover cash went negative too, by $1.1 billion, for the first time in over two years. That's because Tesla spent 142% more money than usual, $5.8 billion, mostly on things like Optimus robots, its Cybercab robotaxi, and AI computing power, not on making more cars. Elon Musk called it "a massive capex year" and said he believes these investments will pay off. But right now, it's the car business paying for all of it, and the car business is making less money per vehicle than before.
#expected #alphabet #money
Alphabet Inc. (NASDAQ:GOOGL) made more money than expected. Revenue came in at $119.8 billion compared to the $116.9 billion ***** ysts expected, growing 24% from last year. Its cloud business also had its best quarter ever. Cloud revenue jumped 82% to $24.77 billion, way above the $22.46 billion ***** ysts predicted, and the amount of future cloud business it has lined up hit $514 billion, up from about $460 billion. Even so, the stock fell about 4% after hours. Why? Because Alphabet said it will spend even more money in 2026 than planned, between $195 billion and $205 billion instead of the earlier $180-190 billion range and well above the roughly $186 billion Wall Street expected. The firm's leftover cash after paying for everything actually went negative, by $5.9 billion, for the first time in at least 10 years. That happened because Alphabet spent $44.9 billion in just this one quarter, double what it spent a year ago. Alphabet's finance chief, Anat Ashkenazi, told ***** ysts the tech firm still doesn't have enough computing power to meet demand. Google is even renting extra computing capacity from ***** eX to keep up while it builds more of its own.
Tesla, Inc. (NASDAQ:TSLA) had a similar problem, just in a different business. Revenue beat expectations, coming in at $28.24 billion versus $25.71 billion expected, up 26% from last year. Tesla also delivered more cars than expected. But profit missed, and adjusted earnings were 33 cents per share, well below the 51 cents ***** ysts expected. The profit margin on each car sold also shrank to about 16.3% instead of the roughly 18% expected. And Tesla's leftover cash went negative too, by $1.1 billion, for the first time in over two years. That's because Tesla spent 142% more money than usual, $5.8 billion, mostly on things like Optimus robots, its Cybercab robotaxi, and AI computing power, not on making more cars. Elon Musk called it "a massive capex year" and said he believes these investments will pay off. But right now, it's the car business paying for all of it, and the car business is making less money per vehicle than before.
#expected #alphabet #money
4 days ago
Tesla (NASDAQ:TSLA) shares fell more than 5% in premarket trading on Thursday after the electric vehicle maker reported earnings below market expectations, with softer automotive margins and negative free cash flow overshadowing record vehicle deliveries and continued investment in artificial intelligence.
The results reinforced investor concerns about the company's ability to balance heavy spending on future technologies with near-term profitability.
Tesla reported capital expenditure of $5.8 billion during the second quarter as it continued investing heavily in autonomous driving, robotics and artificial intelligence.
Chief Executive Elon Musk acknowledged the scale of the investment programme, telling investors, "This is a massive capex year," while adding that the spending is expected to eventually "yield incredible returns."
The company generated negative free cash flow of $1.1 billion during the quarter, its first negative reading in two years, reflecting the financial impact of its long-term growth strategy.
#cash #flow #investment #artificial
The results reinforced investor concerns about the company's ability to balance heavy spending on future technologies with near-term profitability.
Tesla reported capital expenditure of $5.8 billion during the second quarter as it continued investing heavily in autonomous driving, robotics and artificial intelligence.
Chief Executive Elon Musk acknowledged the scale of the investment programme, telling investors, "This is a massive capex year," while adding that the spending is expected to eventually "yield incredible returns."
The company generated negative free cash flow of $1.1 billion during the quarter, its first negative reading in two years, reflecting the financial impact of its long-term growth strategy.
#cash #flow #investment #artificial
4 days ago
S&P 500 member United Rentals (URI) soared on stronger-than-forecast Q2 results after Wednesday's close as Google (GOOGL) got a late-day haircut. The divergent reactions to earnings weren't entirely unrelated.
AI data center construction has helped supercharge earnings for URI, which provides a one-stop shop for large construction projects. Google's plan to keep boosting capital spending suggests the demand environment for heavy machinery will keep shining, even as it may slow the pay-off for AI hyperscalers.
URI stock looks set to clear an early entry buy point at Thursday's open. Google raised its capex outlook for the full year to a range of $195 billion to $205 billion, up $15 billion at both ends. The company confirmed that it still expects CapEx to "increase significantly" in 2027.
Futures Fall As Google, Tesla Skid On Earnings
Results: URI posted second-quarter earnings of $12.76 per share, crushing the FactSet consensus forecast by $1.22 a share. Earnings growth accelerated to 21.9% from 9.6% in Q1 and negative growth throughout 2025. Revenue growth accelerated to 11.8% from 7.2%, as sales of $4.41 billion exceeded $4.21 billion estimates.
#capex #forecast #Share
AI data center construction has helped supercharge earnings for URI, which provides a one-stop shop for large construction projects. Google's plan to keep boosting capital spending suggests the demand environment for heavy machinery will keep shining, even as it may slow the pay-off for AI hyperscalers.
URI stock looks set to clear an early entry buy point at Thursday's open. Google raised its capex outlook for the full year to a range of $195 billion to $205 billion, up $15 billion at both ends. The company confirmed that it still expects CapEx to "increase significantly" in 2027.
Futures Fall As Google, Tesla Skid On Earnings
Results: URI posted second-quarter earnings of $12.76 per share, crushing the FactSet consensus forecast by $1.22 a share. Earnings growth accelerated to 21.9% from 9.6% in Q1 and negative growth throughout 2025. Revenue growth accelerated to 11.8% from 7.2%, as sales of $4.41 billion exceeded $4.21 billion estimates.
#capex #forecast #Share
5 days ago
After the close on Wednesday, Tesla reported second-quarter earnings that were far below views despite strong revenue growth on EV sales. Capital spending jumped, leading to negative cash flow in the quarter, but both less than forecast. Tesla reiterated that it plans to spend $25 billion in capex this year to fund futuristic projects in robotaxis and humanoid robots. Q2…
7/23/2026 The tech-heavy Nasdaq composite dived Thursday, as oil prices spiked amid the ongoing U.S.-Iran conflict. Alphabet and Tesla plunged.
Get instant access to exclusive stock lists, expert market ******* ysis and powerful tools with 2 months of IBD Digital for only $20!
#digital
7/23/2026 The tech-heavy Nasdaq composite dived Thursday, as oil prices spiked amid the ongoing U.S.-Iran conflict. Alphabet and Tesla plunged.
Get instant access to exclusive stock lists, expert market ******* ysis and powerful tools with 2 months of IBD Digital for only $20!
#digital
5 days ago
The AI boom is forcing some of technology's biggest cash machines to behave more like utilities. On July 22, Reuters reported that Microsoft Corporation (NASDAQ:MSFT), Oracle Corporation (NYSE:ORCL), and three other hyperscalers are expected to spend more on capital expenditures than they generate in combined free cash flow by 2027. From 2025 through 2027, their annual operating cash flow is projected to rise by $340 billion, versus a $534 billion increase in capex. Microsoft and Oracle, however, are not carrying the same risk.
Microsoft showed the squeeze in fiscal Q2. Operating cash flow was $35.8 billion, while capex including finance leases reached $37.5 billion. That does not mean the company burned cash: Microsoft reported $5.9 billion of conventional free cash flow because that measure deducts cash property and equipment purchases, not newly originated finance leases.
Carol Gauthier/Shutterstock.com
Fiscal Q3, however, was stronger. Operating cash flow rose to $46.7 billion and free cash flow reached $15.8 billion, even after $30.9 billion of cash property and equipment spending. Its AI business also passed a $37 billion annual revenue run rate. Microsoft can finance the buildout. The question is whether Azure and Copilot can generate nice returns before expensive GPUs depreciate or become obsolete.
Oracle has a more immediate cash problem. In fiscal 2026, it spent $55.7 billion on capex against $32 billion of operating cash flow, leaving free cash flow at negative $23.7 billion. Demand is real: cloud revenue grew 39% to $34 billion, and remaining performance obligations reached $638 billion. But backlog is not cash. Oracle must construct capacity before much of that revenue arrives, and plans to raise $45 billion to $50 billion through debt and equity.
#Microsoft #fiscal
Microsoft showed the squeeze in fiscal Q2. Operating cash flow was $35.8 billion, while capex including finance leases reached $37.5 billion. That does not mean the company burned cash: Microsoft reported $5.9 billion of conventional free cash flow because that measure deducts cash property and equipment purchases, not newly originated finance leases.
Carol Gauthier/Shutterstock.com
Fiscal Q3, however, was stronger. Operating cash flow rose to $46.7 billion and free cash flow reached $15.8 billion, even after $30.9 billion of cash property and equipment spending. Its AI business also passed a $37 billion annual revenue run rate. Microsoft can finance the buildout. The question is whether Azure and Copilot can generate nice returns before expensive GPUs depreciate or become obsolete.
Oracle has a more immediate cash problem. In fiscal 2026, it spent $55.7 billion on capex against $32 billion of operating cash flow, leaving free cash flow at negative $23.7 billion. Demand is real: cloud revenue grew 39% to $34 billion, and remaining performance obligations reached $638 billion. But backlog is not cash. Oracle must construct capacity before much of that revenue arrives, and plans to raise $45 billion to $50 billion through debt and equity.
#Microsoft #fiscal
5 days ago
Darren Elkins is ready to make the walk one more time at UFC Vegas 120.
"The Damage" is set to fight Yadier del Valle (10-1) on Aug. 8 in a featherweight bout, one of several matchups officially announced Thursday for the upcoming show at Meta Apex in Las Vegas. For Elkins (19-11), this will be his 31st octagon appearance.
The 42-year-old Elkins hasn't fought since April 2025, when he lost via first-round TKO to Julian Erosa, snapping a two-fight win streak. In a post on Instagram, Elkins referred to the del Valle fight as "My last dance!"
Del Valle looks to rebound from his first pro loss after he was defeated by Jordan Leavitt this past February.
Other bouts made official for Aug. 8 include a matchup between strawweight contenders Amanda Lemos (15-6-1) and Alexia Thainara (14-1), Diego Ferreira (19-7) welcoming Billy Quarantillo (18-7) to the lightweight division, and undefeated Dana White's Contender Series welterweight prospect Ty Miller (7-0, 1 NC) taking on Billy Ray Goff (9-4).
#yadier
"The Damage" is set to fight Yadier del Valle (10-1) on Aug. 8 in a featherweight bout, one of several matchups officially announced Thursday for the upcoming show at Meta Apex in Las Vegas. For Elkins (19-11), this will be his 31st octagon appearance.
The 42-year-old Elkins hasn't fought since April 2025, when he lost via first-round TKO to Julian Erosa, snapping a two-fight win streak. In a post on Instagram, Elkins referred to the del Valle fight as "My last dance!"
Del Valle looks to rebound from his first pro loss after he was defeated by Jordan Leavitt this past February.
Other bouts made official for Aug. 8 include a matchup between strawweight contenders Amanda Lemos (15-6-1) and Alexia Thainara (14-1), Diego Ferreira (19-7) welcoming Billy Quarantillo (18-7) to the lightweight division, and undefeated Dana White's Contender Series welterweight prospect Ty Miller (7-0, 1 NC) taking on Billy Ray Goff (9-4).
#yadier
5 days ago
There will be blood … seriously.
Longtime Ultimate Fighting Championship (UFC) Featherweight veteran Darren Elkins is officially back, as "The Damage" returns to action against Cuban prospect Yadier del Valle at UFC Vegas 120 next month.
The event goes down Sat., Aug. 8, 2026, inside Meta Apex in Las Vegas, Nevada.
The promotion announced the matchup today in a press release.
Elkins (29-12) will enter the Octagon after a 16-month layoff. In his most recent outing at UFC 314, the 41-year-old veteran was destroyed by Julian Erosa (watch highlights), which snapped a two-fight win streak.
#month #ultimate #championship #featherweight
Longtime Ultimate Fighting Championship (UFC) Featherweight veteran Darren Elkins is officially back, as "The Damage" returns to action against Cuban prospect Yadier del Valle at UFC Vegas 120 next month.
The event goes down Sat., Aug. 8, 2026, inside Meta Apex in Las Vegas, Nevada.
The promotion announced the matchup today in a press release.
Elkins (29-12) will enter the Octagon after a 16-month layoff. In his most recent outing at UFC 314, the 41-year-old veteran was destroyed by Julian Erosa (watch highlights), which snapped a two-fight win streak.
#month #ultimate #championship #featherweight
5 days ago
A lot has changed in Ismael Bonfim's life and career ahead of Saturday's fight with Axel Sola at UFC Abu Dhabi, and he's confident that it will all reflect positively in his performance—and overall health.
Bonfim hasn't entered the octagon since November of 2025, when he stepped on the scale at 161 pounds (five pounds over the non-title limit) for his lightweight bout with Chris Padilla. "Marreta" was stopped late in Round 2, and now tells MMA Fighting that making it into the cage was already a challenge on its own.
"I relied too much on dehydration," Bonfim said of his weigh-in struggle, not a first since joining the UFC. "I got to fight week still needing to lose 22 pounds. I was bringing it down little by little, and on the day of the weight cut I still had 8.8 pounds left. I managed to lose 6.6, but with about 2.2 still to go, I just couldn't do it anymore. I'd stay in the sauna for 30 seconds and my body would already start cramping. I was getting cramps I'd never felt in my life, like cramps in my neck. That's when we decided to stop the weight cut. The previous times I'd made that kind of cut without any issues, so we thought losing 22 pounds during fight week would be manageable, but it wasn't. This time we started working on it much earlier."
Bonfim said "the situation was really bad" when he arrived at the UFC APEX for the official weigh-in and later collapsed before officially missing weight.
"I was standing on the scale, before the official weigh-in, and suddenly got a cramp in my neck," Bonfim said. "I collapsed on the floor and they called the doctor. The doctor checked me and said, 'You're going to be the first one to weigh in.'"
#bonfim #life
Bonfim hasn't entered the octagon since November of 2025, when he stepped on the scale at 161 pounds (five pounds over the non-title limit) for his lightweight bout with Chris Padilla. "Marreta" was stopped late in Round 2, and now tells MMA Fighting that making it into the cage was already a challenge on its own.
"I relied too much on dehydration," Bonfim said of his weigh-in struggle, not a first since joining the UFC. "I got to fight week still needing to lose 22 pounds. I was bringing it down little by little, and on the day of the weight cut I still had 8.8 pounds left. I managed to lose 6.6, but with about 2.2 still to go, I just couldn't do it anymore. I'd stay in the sauna for 30 seconds and my body would already start cramping. I was getting cramps I'd never felt in my life, like cramps in my neck. That's when we decided to stop the weight cut. The previous times I'd made that kind of cut without any issues, so we thought losing 22 pounds during fight week would be manageable, but it wasn't. This time we started working on it much earlier."
Bonfim said "the situation was really bad" when he arrived at the UFC APEX for the official weigh-in and later collapsed before officially missing weight.
"I was standing on the scale, before the official weigh-in, and suddenly got a cramp in my neck," Bonfim said. "I collapsed on the floor and they called the doctor. The doctor checked me and said, 'You're going to be the first one to weigh in.'"
#bonfim #life
5 days ago
Alphabet (GOOG, GOOGL) earnings out later today will likely mark a moment of truth for tech investors.
That is, whether to stick with a renewed "Magnificent Seven" bull trade or buy the steep sell-off in semiconductor stocks and perhaps load back up on both by the year's end.
Quick insight: Over the past month, the performance gap between semiconductor stocks and Magnificent Seven stocks has expanded, as seen in the Yahoo Finance AlphaSpace chart below.
The Magnificent Seven comprises Apple (AAPL), Alphabet, Microsoft (MSFT), Amazon (AMZN), Meta (META), Tesla (TSLA), and Nvidia (NVDA).
The divergence reflects investor indecision on whether the previously virtuous circular relationship between chips and hyperscaler capex is sustainable, given that hyperscaler forward free cash flow is likely to turn negative in this quarter, Evercore ISI strategist Julian Emanuel explained in a new note on Wednesday.
#semiconductor
That is, whether to stick with a renewed "Magnificent Seven" bull trade or buy the steep sell-off in semiconductor stocks and perhaps load back up on both by the year's end.
Quick insight: Over the past month, the performance gap between semiconductor stocks and Magnificent Seven stocks has expanded, as seen in the Yahoo Finance AlphaSpace chart below.
The Magnificent Seven comprises Apple (AAPL), Alphabet, Microsoft (MSFT), Amazon (AMZN), Meta (META), Tesla (TSLA), and Nvidia (NVDA).
The divergence reflects investor indecision on whether the previously virtuous circular relationship between chips and hyperscaler capex is sustainable, given that hyperscaler forward free cash flow is likely to turn negative in this quarter, Evercore ISI strategist Julian Emanuel explained in a new note on Wednesday.
#semiconductor
6 days ago
DWCS returns Aug. 11 for another season of prospect hunting.
The series, which takes place Tuesdays, is a 10-week prospect search at the Meta APEX in Las Vegas, and over the years it has provided now hundreds of new UFC fighters. Some even have become UFC champions, including Sean O'Malley.
O'Malley leads off the UFC's look back at the best knockouts in the show's history. Take a look at 27 true bangers in the video above.
This article originally appeared on MMA Junkie: Video: Ahead of its return, 27 of the greatest KOs in DWCS history
#tuesdays
The series, which takes place Tuesdays, is a 10-week prospect search at the Meta APEX in Las Vegas, and over the years it has provided now hundreds of new UFC fighters. Some even have become UFC champions, including Sean O'Malley.
O'Malley leads off the UFC's look back at the best knockouts in the show's history. Take a look at 27 true bangers in the video above.
This article originally appeared on MMA Junkie: Video: Ahead of its return, 27 of the greatest KOs in DWCS history
#tuesdays
6 days ago
Interested in iShares MSCI South Korea ETF? Here are five stocks we like better.
South Korea and Taiwan have been the world's best-performing stock markets in 2026, driven by AI-related demand for chips and memory.
The iShares MSCI South Korea ETF has surged over 70% and the iShares MSCI Taiwan ETF has gained near 50%, fueled by memory makers and TSMC.
Investors should monitor hyperscaler CapEx spending, memory chip margins, China-Taiwan tensions, and the shrinking premium on SK hynix's American depositary receipts.
The performance of the U.S. stock market has been solid so far in 2026. After being down as much as 7% through late March, the S&P 500 Index has rebounded sharply. Overall, the index's total return on the year sits near 10%. From 2015 to 2025, the index's average annual return was approximately 14.5%. Thus, the S&P 500 will need a strong back half of the year to meet or eclipse this figure.
#south
South Korea and Taiwan have been the world's best-performing stock markets in 2026, driven by AI-related demand for chips and memory.
The iShares MSCI South Korea ETF has surged over 70% and the iShares MSCI Taiwan ETF has gained near 50%, fueled by memory makers and TSMC.
Investors should monitor hyperscaler CapEx spending, memory chip margins, China-Taiwan tensions, and the shrinking premium on SK hynix's American depositary receipts.
The performance of the U.S. stock market has been solid so far in 2026. After being down as much as 7% through late March, the S&P 500 Index has rebounded sharply. Overall, the index's total return on the year sits near 10%. From 2015 to 2025, the index's average annual return was approximately 14.5%. Thus, the S&P 500 will need a strong back half of the year to meet or eclipse this figure.
#south
6 days ago
Oracle (NYSE: ORCL) shares have been on a wild ride so far this year. Investors have been left wondering whether it's worth holding on to the tech giant's shares, or if they should avoid the volatile stock altogether.
Oracle is spending a lot of money right now as it builds out more AI infrastructure, which has spooked some shareholders, leading to an Oracle stock sell-off that's left its share price down 37% year to date.
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 »
That drop could represent a good buying opportunity. Here's why.
Oracle is doing what nearly every other major tech company is doing right now -- accelerating its spending on artificial intelligence data centers. But shareholders weren't happy when management said capital expenditures (capex) could reach as high as $70 billion in fiscal 2027, and they really aren't happy with how Oracle plans to raise the money.
#oracle #down #flashing #shares
Oracle is spending a lot of money right now as it builds out more AI infrastructure, which has spooked some shareholders, leading to an Oracle stock sell-off that's left its share price down 37% year to date.
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 »
That drop could represent a good buying opportunity. Here's why.
Oracle is doing what nearly every other major tech company is doing right now -- accelerating its spending on artificial intelligence data centers. But shareholders weren't happy when management said capital expenditures (capex) could reach as high as $70 billion in fiscal 2027, and they really aren't happy with how Oracle plans to raise the money.
#oracle #down #flashing #shares
6 days ago
$AVGO delivered a 32,734% return since its 2009 IPO, turning a $10,000 investment into $3.28 million under Hock Tan.
Hock Tan targets $100 billion in AI revenue by 2027, backed by $30 billion in Q2 orders from Google, Meta, and OpenAI.
At 61x trailing P/E and heavy hyperscaler concentration, ***** ysts still project 38.7% upside if AI capex spending holds.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn't make the cut. Grab the names FREE today.
When Broadcom (NASDAQ:AVGO) reports numbers, the story is really about Hock Tan. He took the top job at Avago Technologies in March 2006, three years before the company went public on August 6, 2009. Public investors could not buy in until that IPO, so that is where our clock starts.
#hock #meta
Hock Tan targets $100 billion in AI revenue by 2027, backed by $30 billion in Q2 orders from Google, Meta, and OpenAI.
At 61x trailing P/E and heavy hyperscaler concentration, ***** ysts still project 38.7% upside if AI capex spending holds.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn't make the cut. Grab the names FREE today.
When Broadcom (NASDAQ:AVGO) reports numbers, the story is really about Hock Tan. He took the top job at Avago Technologies in March 2006, three years before the company went public on August 6, 2009. Public investors could not buy in until that IPO, so that is where our clock starts.
#hock #meta
6 days ago
Tesla (TSLA) is about to release its Q2 2026 earnings report this week after U.S. markets close on Wednesday, July 22. The market received Tesla's previous earnings release somewhat negatively, but TSLA stock still trades at a premium valuation. The capex guidance was a little high for conservative investors.
This Q2 earnings report needs to be watched even more closely since it will be the first one landing after ***** eX's (SPCX) IPO. ***** eX's own earnings release will land on Aug. 6, so Elon Musk fans will have to choose between the two.
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
#Stock #high #Intel
This Q2 earnings report needs to be watched even more closely since it will be the first one landing after ***** eX's (SPCX) IPO. ***** eX's own earnings release will land on Aug. 6, so Elon Musk fans will have to choose between the two.
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
#Stock #high #Intel
6 days ago
Jean-Paul Lebosnoyani is a UFC fighter, but not necessarily a UFC fight fan.
It's easy to ******* ume that MMA fighters enjoy watching MMA, but that's just not the case for Lebosnoyani (11-2 MMA, 2-0 UFC) – a prospect in the UFC welterweight division. Lebosnoyani pulled off a big upset win over Seok Hyeon Ko at UFC Fight Night 281 last Saturday in Oklahoma. The 27-year-old didn't and won't call out a name to fight, not because he doesn't want to ruffle any feathers, but more because he just doesn't really follow what's going on in his weight class.
"I'm going to be completely honest: I don't know too many names in the division," Lebosnoyani told MMA Junkie Radio when asked what he'd like next for his career. "I'm not a major fight fan. I'm very focused on my personal growth, and I do study a lot of high-level fighters, but a lot of them are out of my weight class. So I don't really have any specific names to throw out there. When it comes to shows and arenas and locations, I was kind of hoping for an Apex debut, and they threw me out there in Houston, and with my last fight being in Oklahoma, I'm starting to realize I really thrive in the arena environments. So the bigger the stage, the more pressure, the more I'm going to come through and shine."
Lebosnoyani gets enough MMA training to prepare for his battles in the octagon. He doesn't find it healthy for MMA to also take over his life outside the training room.
"I don't know. I think I focus on fighting when it comes to training, but outside of that, I'm kind of just a normal guy," Lebosnoyani explained. "I don't obsess too much outside of the time I'm 100 percent focused, and I think that allows me to live a full life. There's more to just fighting and being super obsessive over things. My purpose in this life is to find balance."
#lebosnoyani #don 't
It's easy to ******* ume that MMA fighters enjoy watching MMA, but that's just not the case for Lebosnoyani (11-2 MMA, 2-0 UFC) – a prospect in the UFC welterweight division. Lebosnoyani pulled off a big upset win over Seok Hyeon Ko at UFC Fight Night 281 last Saturday in Oklahoma. The 27-year-old didn't and won't call out a name to fight, not because he doesn't want to ruffle any feathers, but more because he just doesn't really follow what's going on in his weight class.
"I'm going to be completely honest: I don't know too many names in the division," Lebosnoyani told MMA Junkie Radio when asked what he'd like next for his career. "I'm not a major fight fan. I'm very focused on my personal growth, and I do study a lot of high-level fighters, but a lot of them are out of my weight class. So I don't really have any specific names to throw out there. When it comes to shows and arenas and locations, I was kind of hoping for an Apex debut, and they threw me out there in Houston, and with my last fight being in Oklahoma, I'm starting to realize I really thrive in the arena environments. So the bigger the stage, the more pressure, the more I'm going to come through and shine."
Lebosnoyani gets enough MMA training to prepare for his battles in the octagon. He doesn't find it healthy for MMA to also take over his life outside the training room.
"I don't know. I think I focus on fighting when it comes to training, but outside of that, I'm kind of just a normal guy," Lebosnoyani explained. "I don't obsess too much outside of the time I'm 100 percent focused, and I think that allows me to live a full life. There's more to just fighting and being super obsessive over things. My purpose in this life is to find balance."
#lebosnoyani #don 't
6 days ago
By Akash Sriram and Abhirup Roy
July 21 (Reuters) - Tesla is expected to report its first quarterly cash burn in over two years on Wednesday, as its spending on AI and robotics soars, intensifying investor scrutiny over when those bets will pay off.
CEO Elon Musk has pivoted the electric-vehicle maker's focus from manufacturing cars to building so-called physical AI businesses such as self-driving taxis and humanoid robots. Much of Tesla's valuation hangs on that promise.
However, investors are growing increasingly uneasy as spending on AI infrastructure, including data centers, and manufacturing capacity is projected to climb to $25 billion this year, outstripping quarterly cash generated by Tesla's core automotive and energy operations.
"As capex more than doubles and free cash flow turns negative, investors are increasingly focused on evidence that Tesla's spending is strengthening its physical AI moat," Morgan Stanley ****** ysts wrote in a note.
#quarterly
July 21 (Reuters) - Tesla is expected to report its first quarterly cash burn in over two years on Wednesday, as its spending on AI and robotics soars, intensifying investor scrutiny over when those bets will pay off.
CEO Elon Musk has pivoted the electric-vehicle maker's focus from manufacturing cars to building so-called physical AI businesses such as self-driving taxis and humanoid robots. Much of Tesla's valuation hangs on that promise.
However, investors are growing increasingly uneasy as spending on AI infrastructure, including data centers, and manufacturing capacity is projected to climb to $25 billion this year, outstripping quarterly cash generated by Tesla's core automotive and energy operations.
"As capex more than doubles and free cash flow turns negative, investors are increasingly focused on evidence that Tesla's spending is strengthening its physical AI moat," Morgan Stanley ****** ysts wrote in a note.
#quarterly
6 days ago
US stocks diverged on Wednesday as investors looked ahead to earnings from Alphabet (GOOG) and Tesla (TSLA) after the market close, while fresh tariffs and rising oil prices remained in focus.
The Dow Jones Industrial Average (^DJI) turned higher, rising 0.3%, and the S&P 500 (^GSPC) hovered near the flat line. The tech-heavy Nasdaq Composite (^IXIC) sank 0.3%, leading the retreat from a winning day on Wall Street the day before.
A tech recovery faces its next test later Wednesday when Alphabet and Tesla post second quarter results, the first two of the "Magnificent Seven" megacaps to report. Investors are weighing whether Google's AI monetization efforts justify surging spending on AI. All eyes will be on Tesla's capex, too, as the Elon Musk-led company vaults into its next phase of automation.
Among the other notable earnings, Supermicro (SMCI) shares surged after the AI server maker reported a record backlog. IBM (IBM) is also scheduled to report Q2 results after a pre-earnings warning caused a brutal stock drop last week. The power and electrification giant GE Vernova (GEV) reported revenue above expectations and a steadily growing order book but missed on earnings per share.
In trade news, President Trump appears ready to replace expiring 10% global tariffs with more permanent duties, including a potential 100% tariff on imported generic drugs. A new 25% tariff targeting Brazil came into effect on Wednesday.
#investors #tariffs #Tech #next
The Dow Jones Industrial Average (^DJI) turned higher, rising 0.3%, and the S&P 500 (^GSPC) hovered near the flat line. The tech-heavy Nasdaq Composite (^IXIC) sank 0.3%, leading the retreat from a winning day on Wall Street the day before.
A tech recovery faces its next test later Wednesday when Alphabet and Tesla post second quarter results, the first two of the "Magnificent Seven" megacaps to report. Investors are weighing whether Google's AI monetization efforts justify surging spending on AI. All eyes will be on Tesla's capex, too, as the Elon Musk-led company vaults into its next phase of automation.
Among the other notable earnings, Supermicro (SMCI) shares surged after the AI server maker reported a record backlog. IBM (IBM) is also scheduled to report Q2 results after a pre-earnings warning caused a brutal stock drop last week. The power and electrification giant GE Vernova (GEV) reported revenue above expectations and a steadily growing order book but missed on earnings per share.
In trade news, President Trump appears ready to replace expiring 10% global tariffs with more permanent duties, including a potential 100% tariff on imported generic drugs. A new 25% tariff targeting Brazil came into effect on Wednesday.
#investors #tariffs #Tech #next
6 days ago
The AI boom is forcing some of technology's biggest cash machines to behave more like utilities. On July 22, Reuters reported that Microsoft Corporation (NASDAQ:MSFT), Oracle Corporation (NYSE:ORCL), and three other hyperscalers are expected to spend more on capital expenditures than they generate in combined free cash flow by 2027. From 2025 through 2027, their annual operating cash flow is projected to rise by $340 billion, versus a $534 billion increase in capex. Microsoft and Oracle, however, are not carrying the same risk.
Microsoft showed the squeeze in fiscal Q2. Operating cash flow was $35.8 billion, while capex including finance leases reached $37.5 billion. That does not mean the company burned cash: Microsoft reported $5.9 billion of conventional free cash flow because that measure deducts cash property and equipment purchases, not newly originated finance leases.
Carol Gauthier/Shutterstock.com
Fiscal Q3, however, was stronger. Operating cash flow rose to $46.7 billion and free cash flow reached $15.8 billion, even after $30.9 billion of cash property and equipment spending. Its AI business also passed a $37 billion annual revenue run rate. Microsoft can finance the buildout. The question is whether Azure and Copilot can generate nice returns before expensive GPUs depreciate or become obsolete.
Oracle has a more immediate cash problem. In fiscal 2026, it spent $55.7 billion on capex against $32 billion of operating cash flow, leaving free cash flow at negative $23.7 billion. Demand is real: cloud revenue grew 39% to $34 billion, and remaining performance obligations reached $638 billion. But backlog is not cash. Oracle must construct capacity before much of that revenue arrives, and plans to raise $45 billion to $50 billion through debt and equity.
#operating #free
Microsoft showed the squeeze in fiscal Q2. Operating cash flow was $35.8 billion, while capex including finance leases reached $37.5 billion. That does not mean the company burned cash: Microsoft reported $5.9 billion of conventional free cash flow because that measure deducts cash property and equipment purchases, not newly originated finance leases.
Carol Gauthier/Shutterstock.com
Fiscal Q3, however, was stronger. Operating cash flow rose to $46.7 billion and free cash flow reached $15.8 billion, even after $30.9 billion of cash property and equipment spending. Its AI business also passed a $37 billion annual revenue run rate. Microsoft can finance the buildout. The question is whether Azure and Copilot can generate nice returns before expensive GPUs depreciate or become obsolete.
Oracle has a more immediate cash problem. In fiscal 2026, it spent $55.7 billion on capex against $32 billion of operating cash flow, leaving free cash flow at negative $23.7 billion. Demand is real: cloud revenue grew 39% to $34 billion, and remaining performance obligations reached $638 billion. But backlog is not cash. Oracle must construct capacity before much of that revenue arrives, and plans to raise $45 billion to $50 billion through debt and equity.
#operating #free
7 days ago
US stocks pulled back on Wednesday as investors looked ahead to earnings from Alphabet (GOOG) and Tesla (TSLA) after the market close, while fresh tariffs and rising oil prices remained in focus.
The Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC) fell 0.1% and 0.3%, respectively. The tech-heavy Nasdaq Composite (^IXIC) sank 0.8%, leading the retreat from a winning day on Wall Street the day before.
A tech recovery faces its next test later Wednesday when Alphabet and Tesla post second quarter results, the first two of the "Magnificent Seven" megacaps to report. Investors are weighing whether Google's AI monetization efforts justify surging spending on AI. All eyes will be on Tesla's capex, too, as the Elon Musk-led company vaults into its next phase of automation.
Among the other notable earnings, Supermicro (SMCI) shares surged after the AI server maker reported a record backlog. IBM (IBM) is also scheduled to report Q2 results after a pre-earnings warning caused a brutal stock drop last week. The power and electrification giant GE Vernova (GEV) reported revenue above expectations and a steadily growing order book but missed on earnings per share.
In trade news, President Trump appears ready to replace expiring 10% global tariffs with more permanent duties, including a potential 100% tariff on imported generic drugs. A new 25% tariff targeting Brazil came into effect on Wednesday.
#alphabet #tesla #tariffs #report
The Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC) fell 0.1% and 0.3%, respectively. The tech-heavy Nasdaq Composite (^IXIC) sank 0.8%, leading the retreat from a winning day on Wall Street the day before.
A tech recovery faces its next test later Wednesday when Alphabet and Tesla post second quarter results, the first two of the "Magnificent Seven" megacaps to report. Investors are weighing whether Google's AI monetization efforts justify surging spending on AI. All eyes will be on Tesla's capex, too, as the Elon Musk-led company vaults into its next phase of automation.
Among the other notable earnings, Supermicro (SMCI) shares surged after the AI server maker reported a record backlog. IBM (IBM) is also scheduled to report Q2 results after a pre-earnings warning caused a brutal stock drop last week. The power and electrification giant GE Vernova (GEV) reported revenue above expectations and a steadily growing order book but missed on earnings per share.
In trade news, President Trump appears ready to replace expiring 10% global tariffs with more permanent duties, including a potential 100% tariff on imported generic drugs. A new 25% tariff targeting Brazil came into effect on Wednesday.
#alphabet #tesla #tariffs #report
7 days ago
Investors dumping chip stocks hand over fist this summer may be forgetting something important: the strong fundamentals of the underlying companies.
Quick insight: JPMorgan is one of the first sell-side firms to come out bullish in the wake of the chip stock rout.
Others could soon follow, given the depth of the sell-off.
"We think that semis will find a floor soon on continued strong earnings delivery," JPMorgan strategist Mislav Matejka said in a note on Monday.
"Our view is that fundamentals will likely remain constructive, as meaningful supply additions are not due before 2028, so it would be too early at present to price in an inflection … if hyperscalers capex guidance remains strong, then we think that investors should step back into the ****** e over summer," Matejka said.
#investors #chip #fundamentals #think
Quick insight: JPMorgan is one of the first sell-side firms to come out bullish in the wake of the chip stock rout.
Others could soon follow, given the depth of the sell-off.
"We think that semis will find a floor soon on continued strong earnings delivery," JPMorgan strategist Mislav Matejka said in a note on Monday.
"Our view is that fundamentals will likely remain constructive, as meaningful supply additions are not due before 2028, so it would be too early at present to price in an inflection … if hyperscalers capex guidance remains strong, then we think that investors should step back into the ****** e over summer," Matejka said.
#investors #chip #fundamentals #think
7 days ago
IREN spiked 16% and APLD jumped 9% in a technical rebound after both shed over 40% of their value in the past month; meanwhile, WULF added 7% in risk-on Monday morning trading action.
Applied Digital CEO Wes ****** mins noted CoreWeave demand helped drive 139% revenue growth as hyperscaler capex climbed from roughly $400 billion to $700 billion.
Core Scientific posted 45% revenue growth with colocation surging 9x year-over-year, while IREN and TeraWulf still carry heavy losses despite the sector bounce.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Iren didn't make the cut. Grab the names FREE today.
Shares of AI infrastructure names are bouncing hard in early Monday trading, led by IREN (NASDAQ:IREN), up 17% to $39.28. Applied Digital (NASDAQ:APLD) is up 9% to $28.06, TeraWulf (NASDAQ:WULF) is up 7% to $19.44, and Core Scientific (NASDAQ:CORZ) is up 7% to $22.31.
#apld
Applied Digital CEO Wes ****** mins noted CoreWeave demand helped drive 139% revenue growth as hyperscaler capex climbed from roughly $400 billion to $700 billion.
Core Scientific posted 45% revenue growth with colocation surging 9x year-over-year, while IREN and TeraWulf still carry heavy losses despite the sector bounce.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Iren didn't make the cut. Grab the names FREE today.
Shares of AI infrastructure names are bouncing hard in early Monday trading, led by IREN (NASDAQ:IREN), up 17% to $39.28. Applied Digital (NASDAQ:APLD) is up 9% to $28.06, TeraWulf (NASDAQ:WULF) is up 7% to $19.44, and Core Scientific (NASDAQ:CORZ) is up 7% to $22.31.
#apld
7 days ago
L1 Capital, an investment management firm, released its "L1 Capital International Fund" (unhedged) second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The letter discusses the current investment environment as a 'two-speed' but resilient global economy, accompanied by an uncertain future. The letter explores the potential of an AI bubble, distinguishing between strong fundamentals and speculative momentum. Additionally, the market displays a 'narrow' character, marked by high exuberance and ****** ounced over-pessimism. Against this backdrop, the Fund returned +2.6% (net of fees) during the June 2026 quarter, compared to the benchmark return of +12.5% (all in A$). The underperformance was driven more by which investments were not held in the Fund. The Fund remains focused on quality, valuation and the avoidance of permanent capital loss, and believes the portfolio is positioned to deliver attractive risk-adjusted returns for patient investors. In addition, you can check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, L1 Capital International Fund highlighted Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world's leading contract chip manufacturer, producing advanced semiconductors for major global technology companies. On July 17, 2026, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) closed at $398.37 per share. One-month return of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was -12.50%, and its shares gained 71.32% over the past 52 weeks. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has a market capitalization of $2.07 trillion.
L1 Capital International Fund stated the following regarding Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in its Q2 2026 investor update:
"At an individual stock level, while the Fund had more positive contributors than negative detractors to returns, quarterly performance was again mixed. TSMC contributed more than 2.0% to the Fund's returns (measured in A$). Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), and to a lesser extent Nvidia, benefitted from the market favouring AI capex winners. Our valuation of both businesses continues to increase. Nvidia and TSMC are currently top 5 holdings in the Fund."
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is in 6th position on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 234 hedge fund portfolios held Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) at the end of the first quarter, up from 224 in the previous quarter. In Q1 2026, Taiwan Semiconductor Manufacturing Company Limited's (NYSE:TSM) revenue increased 6.4% (in U.S. dollar terms) sequentially to $35.9 billion, exceeding the guidance. While we acknowledge the potential of Taiwan Semiconductor Manuf
In its Q2 2026 investor letter, L1 Capital International Fund highlighted Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world's leading contract chip manufacturer, producing advanced semiconductors for major global technology companies. On July 17, 2026, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) closed at $398.37 per share. One-month return of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was -12.50%, and its shares gained 71.32% over the past 52 weeks. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has a market capitalization of $2.07 trillion.
L1 Capital International Fund stated the following regarding Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in its Q2 2026 investor update:
"At an individual stock level, while the Fund had more positive contributors than negative detractors to returns, quarterly performance was again mixed. TSMC contributed more than 2.0% to the Fund's returns (measured in A$). Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), and to a lesser extent Nvidia, benefitted from the market favouring AI capex winners. Our valuation of both businesses continues to increase. Nvidia and TSMC are currently top 5 holdings in the Fund."
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is in 6th position on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 234 hedge fund portfolios held Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) at the end of the first quarter, up from 224 in the previous quarter. In Q1 2026, Taiwan Semiconductor Manufacturing Company Limited's (NYSE:TSM) revenue increased 6.4% (in U.S. dollar terms) sequentially to $35.9 billion, exceeding the guidance. While we acknowledge the potential of Taiwan Semiconductor Manuf
8 days ago
Investors dumping chip stocks hand over fist this summer may be forgetting something important: the strong fundamentals of the underlying companies.
Quick insight: JPMorgan is one of the first sell-side firms to come out bullish in the wake of the chip stock rout.
Others could soon follow, given the depth of the sell-off.
"We think that semis will find a floor soon on continued strong earnings delivery," JPMorgan strategist Mislav Matejka said in a note on Monday.
"Our view is that fundamentals will likely remain constructive, as meaningful supply additions are not due before 2028, so it would be too early at present to price in an inflection … if hyperscalers capex guidance remains strong, then we think that investors should step back into the **** e over summer," Matejka said.
Quick insight: JPMorgan is one of the first sell-side firms to come out bullish in the wake of the chip stock rout.
Others could soon follow, given the depth of the sell-off.
"We think that semis will find a floor soon on continued strong earnings delivery," JPMorgan strategist Mislav Matejka said in a note on Monday.
"Our view is that fundamentals will likely remain constructive, as meaningful supply additions are not due before 2028, so it would be too early at present to price in an inflection … if hyperscalers capex guidance remains strong, then we think that investors should step back into the **** e over summer," Matejka said.
9 days ago
The market got great news from the big banks this week. All five of the largest U.S. banks reported second-quarter earnings on Tuesday, and they were almost uniformly outstanding. But although the U.S. consumer appears healthy, it was market-related activity like initial public offerings (IPOs) that really stood out.
JPMorgan Chase (NYSE: JPM) and Goldman Sachs (NYSE: GS) led the earnings parade as the two top investment banks in the country, and these divisions drove high growth in the quarter; investment banking revenue increased 45% year over year at JPMorgan Chase and 55% at Goldman Sachs.
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 »
CEOs at both banks said they see more opportunity around the corner, with artificial intelligence (AI) playing a big role. In fact, JPMorgan Chase CEO Jamie Dimon said he thinks AI spend is going to reach $1 trillion next year.
On the second-quarter earnings call, Dimon posited that total capital expenditure is about $4 trillion, with AI representing a massive amount. "AI went from $400 billion last year to $700 billion this year," he said. "People project, which so do our people, it will be like a little over a trillion next year and maybe a little reduction in the non-AI capex."
JPMorgan Chase (NYSE: JPM) and Goldman Sachs (NYSE: GS) led the earnings parade as the two top investment banks in the country, and these divisions drove high growth in the quarter; investment banking revenue increased 45% year over year at JPMorgan Chase and 55% at Goldman Sachs.
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 »
CEOs at both banks said they see more opportunity around the corner, with artificial intelligence (AI) playing a big role. In fact, JPMorgan Chase CEO Jamie Dimon said he thinks AI spend is going to reach $1 trillion next year.
On the second-quarter earnings call, Dimon posited that total capital expenditure is about $4 trillion, with AI representing a massive amount. "AI went from $400 billion last year to $700 billion this year," he said. "People project, which so do our people, it will be like a little over a trillion next year and maybe a little reduction in the non-AI capex."
