2 months ago
On August 28, Affirm Holdings (NASDAQ:AFRM) gave investors two very different signals in the same breath. The buy now, pay later company posted a fiscal fourth quarter that blew past Wall Street's numbers, yet CEO Max Levchin used the moment to flag something less comfortable: gas prices are squeezing the very shoppers driving that growth. The stock barely moved on the news, leaving the market to sort out which story matters more.
The headline numbers were hard to argue with. Revenue rose 33% to $1.17 billion for the three months ended June 30, ahead of the $1.11 billion ****** ysts expected, while gross merchandise volume climbed 36% to $14.1 billion against a $13.39 billion estimate. Adjusted operating income reached $353 million, a 30% margin, and the GAAP operating margin expanded six percentage points to 12.6%. For the full fiscal year, GMV hit $50.2 billion, up from $36.7 billion, on $4.26 billion in revenue.
The user base kept expanding too. Active consumers grew 21% to 27.8 million, and transactions per active consumer rose 20% to 7.0, while the Affirm Card's active user count more than doubled to 5.2 million. Newly appointed president Michael Linford, who moved into the role Thursday, Aug. 27, after nearly two years as chief operating officer, called it the eleventh straight quarter of GMV growth above 30%. Credit quality held up alongside that growth, with the 30-day delinquency rate improving to 2.5% from the 2.7% to 2.8% range of the prior three quarters, something Compass Point's Giuliano Bologna called evidence of "resilient credit performance." Affirm also deepened its Shopify tie-up, extending Shop Pay Installments into Australia after last year's UK expansion, part of what Linford described as Shopify "pulling us into a new market" as both a partner and shareholder. Susquehanna's James Friedman raised his price target to $110 from $105, calling the guidance for fiscal 2027 "exceptionally strong."
Levchin's own commentary complicated the celebration. "The US consumer undoubtedly sees the higher gas prices, so can't, can't ignore that," he told CNBC, noting shoppers are increasingly turning to Affirm to manage costs across "all the various inflationary points." The national average gas price sat at $4.09 a gallon as of August 28, down from above $4.50 in May but still well above pre-Iran war levels, and it hasn't dipped below $3 since March 2. Levchin was direct about the risk: "I do think that sustained pressure on prices isn't great in the long term, and so can't ignore that either."
#prices #Growth #can 't
The headline numbers were hard to argue with. Revenue rose 33% to $1.17 billion for the three months ended June 30, ahead of the $1.11 billion ****** ysts expected, while gross merchandise volume climbed 36% to $14.1 billion against a $13.39 billion estimate. Adjusted operating income reached $353 million, a 30% margin, and the GAAP operating margin expanded six percentage points to 12.6%. For the full fiscal year, GMV hit $50.2 billion, up from $36.7 billion, on $4.26 billion in revenue.
The user base kept expanding too. Active consumers grew 21% to 27.8 million, and transactions per active consumer rose 20% to 7.0, while the Affirm Card's active user count more than doubled to 5.2 million. Newly appointed president Michael Linford, who moved into the role Thursday, Aug. 27, after nearly two years as chief operating officer, called it the eleventh straight quarter of GMV growth above 30%. Credit quality held up alongside that growth, with the 30-day delinquency rate improving to 2.5% from the 2.7% to 2.8% range of the prior three quarters, something Compass Point's Giuliano Bologna called evidence of "resilient credit performance." Affirm also deepened its Shopify tie-up, extending Shop Pay Installments into Australia after last year's UK expansion, part of what Linford described as Shopify "pulling us into a new market" as both a partner and shareholder. Susquehanna's James Friedman raised his price target to $110 from $105, calling the guidance for fiscal 2027 "exceptionally strong."
Levchin's own commentary complicated the celebration. "The US consumer undoubtedly sees the higher gas prices, so can't, can't ignore that," he told CNBC, noting shoppers are increasingly turning to Affirm to manage costs across "all the various inflationary points." The national average gas price sat at $4.09 a gallon as of August 28, down from above $4.50 in May but still well above pre-Iran war levels, and it hasn't dipped below $3 since March 2. Levchin was direct about the risk: "I do think that sustained pressure on prices isn't great in the long term, and so can't ignore that either."
#prices #Growth #can 't
2 months ago
Marvell Technology (MRVL) keeps winning over the **** ysts. GF Securities reiterated its favorable view on the stock, naming it a top pick within its positive outlook on custom AI chips. **** yst Henry Huang said much of the growth he sees comes from Alphabet's (GOOG) (GOOGL) Google. He expects three of Marvell's chip lines tied to Google to bring in around $3 billion each by 2028. Huang also sees Marvell playing a growing role in Amazon.com's (AMZN) Trainium chips, worth roughly $1 billion this year and $2 billion next year. GF was not alone. Wells Fargo, Morgan Stanley, Susquehanna, and Rosenblatt Securities all raised their Marvell price targets within a day of each other.
None of this comes out of nowhere. Just a few days back, Marvell signed a custom chip deal with Google that let the search giant take a potential $12 billion equity stake in the company. Huang expects that partnership to improve Marvell's odds of winning even more of Google's future chip work.
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#huang #Google #chip #within
None of this comes out of nowhere. Just a few days back, Marvell signed a custom chip deal with Google that let the search giant take a potential $12 billion equity stake in the company. Huang expects that partnership to improve Marvell's odds of winning even more of Google's future chip work.
Jeff Bezos' Heartfelt Tribute to Dolly Parton Drew Brutal Backlash: 'Nobody Wanted to Hear This From You' — He Once Gave Her $100 Million for Charity
Intel vs. AMD: Why the Market Share Number Is Misleading
A $100 Billion Buildout In Louisiana Is Planned for Starship. What This Means for SPCX Stock.
#huang #Google #chip #within
2 months ago
Bouncing back from the 3.3% slide it experienced from the end of trading on Friday through the close of yesterday's market session, Marvell Technology (NASDAQ: MRVL) stock is rising today. With two firms boosting their price targets, investors are clearly motivated to load up on shares of the artificial intelligence (AI) infrastructure company.
As of 11:54 a.m. ET, shares of Marvell are up 5.7%.
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 »
Maintaining a buy rating, Sajal Dogra, an ******* yst at Rosenblatt, hiked the price target on Marvell to $300 from $240. According to Thefly.com, Rosenblatt believes the company will report "another beat-and-raise" quarter when it announces second-quarter 2027 financial results on Thursday.
The second price target hike comes from Susquehanna, which raised its target to $265 from $230 while maintaining a positive rating on the stock. Thefly.com reported that Susquehanna also expects Marvell to upwardly revise its fiscal 2027 target for Inphi, believing Inphi's momentum will be sustained by continued growth in AI networking.
#susquehanna
As of 11:54 a.m. ET, shares of Marvell are up 5.7%.
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 »
Maintaining a buy rating, Sajal Dogra, an ******* yst at Rosenblatt, hiked the price target on Marvell to $300 from $240. According to Thefly.com, Rosenblatt believes the company will report "another beat-and-raise" quarter when it announces second-quarter 2027 financial results on Thursday.
The second price target hike comes from Susquehanna, which raised its target to $265 from $230 while maintaining a positive rating on the stock. Thefly.com reported that Susquehanna also expects Marvell to upwardly revise its fiscal 2027 target for Inphi, believing Inphi's momentum will be sustained by continued growth in AI networking.
#susquehanna
3 months ago
Wall Street just delivered another vote of confidence for Intel (INTC) ahead of one of the company's biggest catalysts of the year. Susquehanna recently raised its price target on INTC stock to $115 from $80 while maintaining a "Hold" rating, arguing that second-quarter results are shaping up better than previously expected. The firm's channel checks point to stronger server CPU demand and healthier PC builds than anticipated, giving investors fresh optimism just days before Intel reports earnings on July 23.
The upgrade comes after a volatile stretch for the semiconductor giant. Intel shares have pulled back sharply from their June highs as investors have locked in profits across AI-related chip stocks.
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#Intel #point #wall #july
The upgrade comes after a volatile stretch for the semiconductor giant. Intel shares have pulled back sharply from their June highs as investors have locked in profits across AI-related chip stocks.
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Micron Stock Is Near Bear-Market Territory. Here's Why ASML's Guidance Says Buy the Dip.
#Intel #point #wall #july
4 months ago
Alaska Air Group, Inc. (NYSE:ALK) is one of the 8 Most Undervalued Growth Stocks to Buy for the Next 10 Years. Alaska Air Group, Inc. (NYSE:ALK) has been enjoying bullish ***** yst sentiment since the start of July. So far this month, 5 ***** ysts have raised their price targets on the stock. In the latest update, Christopher Stathoulopoulos from Susquehanna raised the firm's price target on ALK from $50 to $70 and reaffirmed a Buy rating. The price target revision was based on the firm's expectations that airlines will benefit from lower fuel prices, strong travel demand, and stable ticket fares heading into the second-quarter earnings season.
In addition to Susquehanna, TD Cowen also raised its price target on Alaska Air Group, Inc. (NYSE:ALK) from $51 to $59 while maintaining its Buy rating on July 2. The firm updated its price targets across the airline sector as part of its second-quarter earnings preview.
TD Cowen said that it remains broadly positive on the airline sector, ***** uming the industry can maintain this year's ticket price increases. However, the firm said that investors will likely look for confirmation that fare increases after Labour Day remain in place. They also want to see that travel demand stays strong before the airline stocks move higher.
Alaska Air Group, Inc. (NYSE:ALK) is an airline holding company operating through the Hawaiian Airlines, Alaska Airlines, and Regional segments. The company offers scheduled passenger and cargo flights using Boeing aircraft. It also provides air transportation services through Horizon Air and other third-party carriers.
While we acknowledge the potential of ALK 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.
In addition to Susquehanna, TD Cowen also raised its price target on Alaska Air Group, Inc. (NYSE:ALK) from $51 to $59 while maintaining its Buy rating on July 2. The firm updated its price targets across the airline sector as part of its second-quarter earnings preview.
TD Cowen said that it remains broadly positive on the airline sector, ***** uming the industry can maintain this year's ticket price increases. However, the firm said that investors will likely look for confirmation that fare increases after Labour Day remain in place. They also want to see that travel demand stays strong before the airline stocks move higher.
Alaska Air Group, Inc. (NYSE:ALK) is an airline holding company operating through the Hawaiian Airlines, Alaska Airlines, and Regional segments. The company offers scheduled passenger and cargo flights using Boeing aircraft. It also provides air transportation services through Horizon Air and other third-party carriers.
While we acknowledge the potential of ALK 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.
4 months ago
The PIAA Distrct 11 Hall of Fame class of 2026 was announced on Tuesday, and among the newest selections into the hall of fame is Tamaqua Area High School multi-sport athlete Erika (Barron) Davis.
Davis, who now serves as the coach of the Tamaqua girls’ basketball team, participated in cross country, basketball, track and field, and volleyball during her time at Tamaqua. She finished her career with a school record 2,317 points and was a two-time All-State selection in the process.
She’d go on to have a standout collegiate career at Susquehanna University, where she totaled nearly 900 points in 102 career games played while also recording 364 ******* ists and 159 steals.
Davis, this past school year, completed her 11th season as Tamaqua’s girls’ basketball coach.
Also being inducted into this year’s hall of fame is former Northern Lehigh’s Bob Chandler (cross country), Catasauqua’s Amanda Gerhard (soccer), Keith Groller (media – The Morning Call), Stroudsburg’s Jake Jakobsen (wrestling), Stroudsburg’s Ken Lacey (men’s basketball), East Stroudsburg’s Stacy Perryman (basketball), and Parkland’s Andre Williams (football).
Davis, who now serves as the coach of the Tamaqua girls’ basketball team, participated in cross country, basketball, track and field, and volleyball during her time at Tamaqua. She finished her career with a school record 2,317 points and was a two-time All-State selection in the process.
She’d go on to have a standout collegiate career at Susquehanna University, where she totaled nearly 900 points in 102 career games played while also recording 364 ******* ists and 159 steals.
Davis, this past school year, completed her 11th season as Tamaqua’s girls’ basketball coach.
Also being inducted into this year’s hall of fame is former Northern Lehigh’s Bob Chandler (cross country), Catasauqua’s Amanda Gerhard (soccer), Keith Groller (media – The Morning Call), Stroudsburg’s Jake Jakobsen (wrestling), Stroudsburg’s Ken Lacey (men’s basketball), East Stroudsburg’s Stacy Perryman (basketball), and Parkland’s Andre Williams (football).
4 months ago
We recently published Jim Cramer Insisted Recent AI Chip Selloff Wasn't A Bottom & Discussed These 17 Stocks. Lam Research Corporation (NASDAQ:LRCX) is one of the stocks discussed by Jim Cramer.
Lam Research Corporation (NASDAQ:LRCX) is one of the largest semiconductor manufacturing equipment providers in the world. Its shares are up by 233% over the past year and by 79% year-to-date. Susquehanna increased Lam Research Corporation (NASDAQ:LRCX)'s share price target to $475 from $385 and kept a Positive rating on the stock on June 30th. In its coverage, the financial firm discussed the backlog for semiconductor manufacturing equipment and remarked that it appeared to have extended beyond the one year mark. With Lam Research Corporation (NASDAQ:LRCX)'s shares gaining 2.7% on Wednesday, Cramer tweeted about the firm:
"The action in Lam Research, at the heart of the intellectual property when it comes to the data center away from Nvidia, is quite positive
Broadcom and Lam great tells today!
For illustration purposes only. Photo from Pixabay/Pexels
Lam Research Corporation (NASDAQ:LRCX) is one of the largest semiconductor manufacturing equipment providers in the world. Its shares are up by 233% over the past year and by 79% year-to-date. Susquehanna increased Lam Research Corporation (NASDAQ:LRCX)'s share price target to $475 from $385 and kept a Positive rating on the stock on June 30th. In its coverage, the financial firm discussed the backlog for semiconductor manufacturing equipment and remarked that it appeared to have extended beyond the one year mark. With Lam Research Corporation (NASDAQ:LRCX)'s shares gaining 2.7% on Wednesday, Cramer tweeted about the firm:
"The action in Lam Research, at the heart of the intellectual property when it comes to the data center away from Nvidia, is quite positive
Broadcom and Lam great tells today!
For illustration purposes only. Photo from Pixabay/Pexels
4 months ago
Viavi Solutions Inc. (NASDAQ:VIAV) is one of the top stocks to buy according to Whale Rock Capital Management. On July 1, Susquehanna ***** yst Mehdi Hosseini raised his price target on Viavi Solutions Inc. (NASDAQ:VIAV) to $66 from $60, while maintaining his Positive rating on the stock.
The reason for the call, according to Hosseini, was that Susquehanna was updating its estimates to reflect a higher Field Instrument revenue contribution. Viavi's Field Instrument business is a product line within its Network and Service Enablement segment that supplies handheld and portable testing tools used by technicians to install, troubleshoot, and maintain fiber and network equipment in the field. Hosseini's team lifted its revenue estimates for this business because they now expect a stronger ramp in data center interconnect, or DCI, deployments at two of Viavi's major optical networking customers; that is Nokia and Ciena.
DCI refers to the high-capacity optical links that connect data centers to each other. The ***** ysts noted that demand for this technology has been surging as hyperscale cloud providers race to expand AI computing capacity. They added that Nokia and Ciena are both racing to supply next-generation coherent optical equipment for these DCI links, and that Nokia recently unveiled a new suite of pluggable optical transceivers specifically built for DCI.
As these vendors ramp production and deployment of their new DCI and scale-across optical gear, they generate more business for Viavi, the ***** ysts noted.
Viavi Solutions Inc. (NASDAQ:VIAV) is a network test, monitoring, and ***** urance company. It provides testing, monitoring, ***** urance, and security solutions for telecommunications, cloud, enterprise, military, aerospace, and critical infrastructure networks across the Americas, Asia-Pacific, Europe, the Middle East, and Africa.
The reason for the call, according to Hosseini, was that Susquehanna was updating its estimates to reflect a higher Field Instrument revenue contribution. Viavi's Field Instrument business is a product line within its Network and Service Enablement segment that supplies handheld and portable testing tools used by technicians to install, troubleshoot, and maintain fiber and network equipment in the field. Hosseini's team lifted its revenue estimates for this business because they now expect a stronger ramp in data center interconnect, or DCI, deployments at two of Viavi's major optical networking customers; that is Nokia and Ciena.
DCI refers to the high-capacity optical links that connect data centers to each other. The ***** ysts noted that demand for this technology has been surging as hyperscale cloud providers race to expand AI computing capacity. They added that Nokia and Ciena are both racing to supply next-generation coherent optical equipment for these DCI links, and that Nokia recently unveiled a new suite of pluggable optical transceivers specifically built for DCI.
As these vendors ramp production and deployment of their new DCI and scale-across optical gear, they generate more business for Viavi, the ***** ysts noted.
Viavi Solutions Inc. (NASDAQ:VIAV) is a network test, monitoring, and ***** urance company. It provides testing, monitoring, ***** urance, and security solutions for telecommunications, cloud, enterprise, military, aerospace, and critical infrastructure networks across the Americas, Asia-Pacific, Europe, the Middle East, and Africa.
4 months ago
The American power grid is about to fail the most important industry it has ever been asked to support.
In fact…the dominoes in this potentially disastrous scenario have already begun to fall. Large companies that right now depend heavily on the grid are making behind-the-scenes moves that are key to understanding what's about to happen next.
Microsoft just signed a 20-year deal to restart the Three Mile Island nuclear plant, a facility that has been offline since 2019. Amazon paid $650 million for a single data center campus to co-locate directly with the Susquehanna nuclear station in Pennsylvania. Google signed agreements with Kairos Power for small modular reactors. Meta has issued a request for proposals seeking up to 4 gigawatts of new nuclear capacity.
These are the most valuable companies on earth…and they're committing billions of dollars and waiting years to lock in power. They are not doing that because the grid is working. They are doing it because the grid is breaking.
This is the story Wall Street has not priced in yet. And it explains why a tiny Canadian-listed Bitcoin miner with infrastructure in Norway, Bitzero Holdings (NASDAQ: AIBZ), just signed a binding letter for a 15-year, $2.6 billion lease.
In fact…the dominoes in this potentially disastrous scenario have already begun to fall. Large companies that right now depend heavily on the grid are making behind-the-scenes moves that are key to understanding what's about to happen next.
Microsoft just signed a 20-year deal to restart the Three Mile Island nuclear plant, a facility that has been offline since 2019. Amazon paid $650 million for a single data center campus to co-locate directly with the Susquehanna nuclear station in Pennsylvania. Google signed agreements with Kairos Power for small modular reactors. Meta has issued a request for proposals seeking up to 4 gigawatts of new nuclear capacity.
These are the most valuable companies on earth…and they're committing billions of dollars and waiting years to lock in power. They are not doing that because the grid is working. They are doing it because the grid is breaking.
This is the story Wall Street has not priced in yet. And it explains why a tiny Canadian-listed Bitcoin miner with infrastructure in Norway, Bitzero Holdings (NASDAQ: AIBZ), just signed a binding letter for a 15-year, $2.6 billion lease.
4 months ago
Carnival Corporation Ltd (NYSE:CCL) is one of the Iran Peace Deal Sends Oil Lower: Top 8 Travel Stocks to Buy Now. A number of sell-side firms, including Wells Fargo, Argus Research, Susquehanna, and Citi, recently raised their price targets on Carnival Corporation Ltd (NYSE:CCL), signaling a more positive outlook for the stock. Based on a report released on June 25, Wells Fargo ****** yst Trey Bowers raised the firm's price target on the shares from $36 to $38 while maintaining a Buy rating. The firm's ****** igned price target implies an additional 30% upside from here on.
Stifel Nicolaus joined Wells Fargo in increasing its price target on Carnival Corporation Ltd (NYSE:CCL), marking its second price target increase on the stock in June. As per the latest update, Stifel Nicolaus ****** yst Steven Wieczynski raised the firm's price target on the shares from $36 to $37 and kept a Buy rating on June 24. Earlier in the month, on June 12, the firm had already lifted its price target on the stock to $36 from $35.
All this optimism followed Carnival Corporation Ltd.'s (NYSE:CCL) record second quarter. The company reported its Q2 fiscal 2026 earnings on June 23, posting record revenue, net income, yields, EBITDA, and customer deposits.
CEO Josh Weinstein remarked:
"We have the financial flexibility to simultaneously invest, continue reducing leverage, and accelerate shareholder returns. We have already repurchased $450 million of stock."
Stifel Nicolaus joined Wells Fargo in increasing its price target on Carnival Corporation Ltd (NYSE:CCL), marking its second price target increase on the stock in June. As per the latest update, Stifel Nicolaus ****** yst Steven Wieczynski raised the firm's price target on the shares from $36 to $37 and kept a Buy rating on June 24. Earlier in the month, on June 12, the firm had already lifted its price target on the stock to $36 from $35.
All this optimism followed Carnival Corporation Ltd.'s (NYSE:CCL) record second quarter. The company reported its Q2 fiscal 2026 earnings on June 23, posting record revenue, net income, yields, EBITDA, and customer deposits.
CEO Josh Weinstein remarked:
"We have the financial flexibility to simultaneously invest, continue reducing leverage, and accelerate shareholder returns. We have already repurchased $450 million of stock."
4 months ago
Accenture plc (NYSE:ACN) is one of the top trending US stocks to buy now. Truist cut the price target on Accenture plc (NYSE:ACN) to $150 from $210 on June 22 and maintained a Hold rating on the shares. The rating update came after the company's fiscal Q3 earnings report, with the firm telling investors in a research note that the impact of the Middle East emerged with around a $100 million revenue headwind that is expected to extend into fiscal Q4 and beyond. It further stated that the firm has previously flagged headwinds from factors such as geopolitical uncertainty, pressured budgets, and AI-driven revenue cannibalization. Truist also noted that fiscal Q3 results showed signs of these headwinds emerging as FY26 revenue guidance was lowered, and the management noted a larger portion of the guide would be in play due to macro uncertainty.
Accenture plc (NYSE:ACN) also received a rating update from Susquehanna the same day, with the firm lowering the price target on the stock to $140 from $186 and maintaining a Neutral rating on the shares.
Accenture plc (NYSE:ACN) is a global professional services company that combines technology and leadership in data, cloud, and AI with functional expertise, industry experience, and global delivery capability. The company's services include Strategy & Consulting, Technology, Operations, Industry X, and Song, and its operations are divided into the following geographical segments: North America, EMEA, and Growth Markets.
While we acknowledge the potential of ACN 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.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
Accenture plc (NYSE:ACN) also received a rating update from Susquehanna the same day, with the firm lowering the price target on the stock to $140 from $186 and maintaining a Neutral rating on the shares.
Accenture plc (NYSE:ACN) is a global professional services company that combines technology and leadership in data, cloud, and AI with functional expertise, industry experience, and global delivery capability. The company's services include Strategy & Consulting, Technology, Operations, Industry X, and Song, and its operations are divided into the following geographical segments: North America, EMEA, and Growth Markets.
While we acknowledge the potential of ACN 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.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
4 months ago
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the best trending AI stocks to watch in 2026. Susquehanna lifted the price target on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to $575 from $500 on June 22 and maintained a Positive rating on the shares. The firm updated its model, including its capex and capacity strategy, which it believes will exceed both consensus and buy-side expectations. Susquehanna believes that the key uncertainty remains how token growth and the ******* ociated silicon requirements could drive potential supply-demand imbalances.
For reference, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) announced its May 2026 revenue report on June 10, reporting that on a consolidated basis, revenue for May 2026 was approximately NT$416.98 billion, reflecting an increase of 1.5% from April 2026 and an increase of 30.1% from May 2025. It added that revenue for January through May 2026 totaled NT$1,961.80 billion, up 30.0% compared to the same period in 2025.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the largest contract semiconductor manufacturer in the world. Some of its prominent customers include semiconductor companies that outsource all or part of their chip production, including Advanced Micro Devices, Nvidia, Broadcom, and more.
While we acknowledge the potential of TSM 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.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
For reference, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) announced its May 2026 revenue report on June 10, reporting that on a consolidated basis, revenue for May 2026 was approximately NT$416.98 billion, reflecting an increase of 1.5% from April 2026 and an increase of 30.1% from May 2025. It added that revenue for January through May 2026 totaled NT$1,961.80 billion, up 30.0% compared to the same period in 2025.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the largest contract semiconductor manufacturer in the world. Some of its prominent customers include semiconductor companies that outsource all or part of their chip production, including Advanced Micro Devices, Nvidia, Broadcom, and more.
While we acknowledge the potential of TSM 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.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
4 months ago
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the safe stocks for beginners to buy in 2026. BofA lifted the price target on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to $590 from $490 on June 24 and maintained a Buy rating on the shares. The firm stated that in a backdrop featuring rising agentic AI demand, it anticipates much stronger CPU demand to consume more capacity across advanced front-end manufacturing and back-end packaging. The firm raised TSMC sales expectations in 2026 and 2027 to 40% and 39% year-over-year, respectively, to take into account a stronger CPU and AI GPU/ASIC demand outlook.
In a separate development, Susquehanna lifted the price target on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to $575 from $500 on June 22 and maintained a Positive rating on the shares. The firm updated its model, including its capex and capacity strategy, which it believes will exceed both consensus and buy-side expectations. Susquehanna believes that the key uncertainty remains how token growth and the **** ociated silicon requirements could drive potential supply-demand imbalances.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the largest contract semiconductor manufacturer in the world. Some of its prominent customers include semiconductor companies that outsource all or part of their chip production, including Advanced Micro Devices, Nvidia, Broadcom, and more.
While we acknowledge the potential of TSM 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.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
In a separate development, Susquehanna lifted the price target on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to $575 from $500 on June 22 and maintained a Positive rating on the shares. The firm updated its model, including its capex and capacity strategy, which it believes will exceed both consensus and buy-side expectations. Susquehanna believes that the key uncertainty remains how token growth and the **** ociated silicon requirements could drive potential supply-demand imbalances.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the largest contract semiconductor manufacturer in the world. Some of its prominent customers include semiconductor companies that outsource all or part of their chip production, including Advanced Micro Devices, Nvidia, Broadcom, and more.
While we acknowledge the potential of TSM 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.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
4 months ago
Accenture plc (NYSE:ACN) is one of the best trending AI stocks to watch in 2026. Susquehanna cut the price target on Accenture plc (NYSE:ACN) to $140 from $186 on June 22 and reaffirmed a Neutral rating on the shares, with the firm updating its model after meetings with management following the company's earnings release. It stated that the discussion provided valuable context to explain the general slowdown in IT Services and their strategy to accelerate growth going forward. The firm believes that Accenture plc (NYSE:ACN) is making the right moves, but EPS is growing just about 7%, well below the historic average of roughly 13%.
Accenture plc (NYSE:ACN) also received a rating update from Truist on June 22, with the firm lowering the price target on the stock to $150 from $210 and maintaining a Hold rating on the shares. The rating update came after the company's fiscal Q3 earnings report, with the firm telling investors in a research note that the impact of the Middle East emerged with around a $100 million revenue headwind that is expected to extend into fiscal Q4 and beyond.
Accenture plc (NYSE:ACN) is a global professional services company that combines technology and leadership in data, cloud, and AI with functional expertise, industry experience, and global delivery capability. The company's services include Strategy & Consulting, Technology, Operations, Industry X, and Song, and its operations are divided into the following geographical segments: North America, EMEA, and Growth Markets.
While we acknowledge the potential of ACN 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.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
Accenture plc (NYSE:ACN) also received a rating update from Truist on June 22, with the firm lowering the price target on the stock to $150 from $210 and maintaining a Hold rating on the shares. The rating update came after the company's fiscal Q3 earnings report, with the firm telling investors in a research note that the impact of the Middle East emerged with around a $100 million revenue headwind that is expected to extend into fiscal Q4 and beyond.
Accenture plc (NYSE:ACN) is a global professional services company that combines technology and leadership in data, cloud, and AI with functional expertise, industry experience, and global delivery capability. The company's services include Strategy & Consulting, Technology, Operations, Industry X, and Song, and its operations are divided into the following geographical segments: North America, EMEA, and Growth Markets.
While we acknowledge the potential of ACN 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.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
4 months ago
Accenture plc (NYSE:ACN) is one of the top trending US stocks to buy now. Truist cut the price target on Accenture plc (NYSE:ACN) to $150 from $210 on June 22 and maintained a Hold rating on the shares. The rating update came after the company's fiscal Q3 earnings report, with the firm telling investors in a research note that the impact of the Middle East emerged with around a $100 million revenue headwind that is expected to extend into fiscal Q4 and beyond. It further stated that the firm has previously flagged headwinds from factors such as geopolitical uncertainty, pressured budgets, and AI-driven revenue cannibalization. Truist also noted that fiscal Q3 results showed signs of these headwinds emerging as FY26 revenue guidance was lowered, and the management noted a larger portion of the guide would be in play due to macro uncertainty.
Accenture plc (NYSE:ACN) also received a rating update from Susquehanna the same day, with the firm lowering the price target on the stock to $140 from $186 and maintaining a Neutral rating on the shares.
Accenture plc (NYSE:ACN) is a global professional services company that combines technology and leadership in data, cloud, and AI with functional expertise, industry experience, and global delivery capability. The company's services include Strategy & Consulting, Technology, Operations, Industry X, and Song, and its operations are divided into the following geographical segments: North America, EMEA, and Growth Markets.
While we acknowledge the potential of ACN 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.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
Accenture plc (NYSE:ACN) also received a rating update from Susquehanna the same day, with the firm lowering the price target on the stock to $140 from $186 and maintaining a Neutral rating on the shares.
Accenture plc (NYSE:ACN) is a global professional services company that combines technology and leadership in data, cloud, and AI with functional expertise, industry experience, and global delivery capability. The company's services include Strategy & Consulting, Technology, Operations, Industry X, and Song, and its operations are divided into the following geographical segments: North America, EMEA, and Growth Markets.
While we acknowledge the potential of ACN 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.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
4 months ago
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the safe stocks for beginners to buy in 2026. BofA lifted the price target on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to $590 from $490 on June 24 and maintained a Buy rating on the shares. The firm stated that in a backdrop featuring rising agentic AI demand, it anticipates much stronger CPU demand to consume more capacity across advanced front-end manufacturing and back-end packaging. The firm raised TSMC sales expectations in 2026 and 2027 to 40% and 39% year-over-year, respectively, to take into account a stronger CPU and AI GPU/ASIC demand outlook.
In a separate development, Susquehanna lifted the price target on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to $575 from $500 on June 22 and maintained a Positive rating on the shares. The firm updated its model, including its capex and capacity strategy, which it believes will exceed both consensus and buy-side expectations. Susquehanna believes that the key uncertainty remains how token growth and the ***** ociated silicon requirements could drive potential supply-demand imbalances.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the largest contract semiconductor manufacturer in the world. Some of its prominent customers include semiconductor companies that outsource all or part of their chip production, including Advanced Micro Devices, Nvidia, Broadcom, and more.
While we acknowledge the potential of TSM 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.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
In a separate development, Susquehanna lifted the price target on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to $575 from $500 on June 22 and maintained a Positive rating on the shares. The firm updated its model, including its capex and capacity strategy, which it believes will exceed both consensus and buy-side expectations. Susquehanna believes that the key uncertainty remains how token growth and the ***** ociated silicon requirements could drive potential supply-demand imbalances.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the largest contract semiconductor manufacturer in the world. Some of its prominent customers include semiconductor companies that outsource all or part of their chip production, including Advanced Micro Devices, Nvidia, Broadcom, and more.
While we acknowledge the potential of TSM 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.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
4 months ago
Accenture plc (NYSE:ACN) is one of the best trending AI stocks to watch in 2026. Susquehanna cut the price target on Accenture plc (NYSE:ACN) to $140 from $186 on June 22 and reaffirmed a Neutral rating on the shares, with the firm updating its model after meetings with management following the company's earnings release. It stated that the discussion provided valuable context to explain the general slowdown in IT Services and their strategy to accelerate growth going forward. The firm believes that Accenture plc (NYSE:ACN) is making the right moves, but EPS is growing just about 7%, well below the historic average of roughly 13%.
Accenture plc (NYSE:ACN) also received a rating update from Truist on June 22, with the firm lowering the price target on the stock to $150 from $210 and maintaining a Hold rating on the shares. The rating update came after the company's fiscal Q3 earnings report, with the firm telling investors in a research note that the impact of the Middle East emerged with around a $100 million revenue headwind that is expected to extend into fiscal Q4 and beyond.
Accenture plc (NYSE:ACN) is a global professional services company that combines technology and leadership in data, cloud, and AI with functional expertise, industry experience, and global delivery capability. The company's services include Strategy & Consulting, Technology, Operations, Industry X, and Song, and its operations are divided into the following geographical segments: North America, EMEA, and Growth Markets.
While we acknowledge the potential of ACN 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.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
Accenture plc (NYSE:ACN) also received a rating update from Truist on June 22, with the firm lowering the price target on the stock to $150 from $210 and maintaining a Hold rating on the shares. The rating update came after the company's fiscal Q3 earnings report, with the firm telling investors in a research note that the impact of the Middle East emerged with around a $100 million revenue headwind that is expected to extend into fiscal Q4 and beyond.
Accenture plc (NYSE:ACN) is a global professional services company that combines technology and leadership in data, cloud, and AI with functional expertise, industry experience, and global delivery capability. The company's services include Strategy & Consulting, Technology, Operations, Industry X, and Song, and its operations are divided into the following geographical segments: North America, EMEA, and Growth Markets.
While we acknowledge the potential of ACN 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.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
4 months ago
Recent ****** yst ratings make Global Payments Inc. (NYSE:GPN) one of the 10 best payment processing stocks to buy now. On June 11, Bryan Bergin from TD Cowen decreased the price target from $86 to $74 on Global Payments Inc. (NYSE:GPN), resulting in a revised upside potential of almost 19%. The ****** yst reiterated his Hold rating on the stock.
Bergin mentioned that TD Cowen has revised its model to reflect a more cautious outlook with regard to previously disclosed headwinds, which now appear more likely to occur. He pointed out that despite this cautious short-term adjustment, the company's projections about an expected increase in the second half of 2026 have not changed.
Robert Kneschke/Shutterstock.com
Earlier, on June 3, Susquehanna also reaffirmed its Positive rating on Global Payments Inc. (NYSE:GPN). The firm reduced the price target from $119 to $111, which translates into a revised upside potential of more than 77%.
After a closer look at public transcripts and travel-related ****** umptions, the firm changed its estimates. Susquehanna toned down its projections by reducing its growth ****** umptions to 3.2% for the second quarter, 5% for the second half, and 4% for the entire year 2026.
Bergin mentioned that TD Cowen has revised its model to reflect a more cautious outlook with regard to previously disclosed headwinds, which now appear more likely to occur. He pointed out that despite this cautious short-term adjustment, the company's projections about an expected increase in the second half of 2026 have not changed.
Robert Kneschke/Shutterstock.com
Earlier, on June 3, Susquehanna also reaffirmed its Positive rating on Global Payments Inc. (NYSE:GPN). The firm reduced the price target from $119 to $111, which translates into a revised upside potential of more than 77%.
After a closer look at public transcripts and travel-related ****** umptions, the firm changed its estimates. Susquehanna toned down its projections by reducing its growth ****** umptions to 3.2% for the second quarter, 5% for the second half, and 4% for the entire year 2026.
5 months ago
Recent **** yst ratings make Global Payments Inc. (NYSE:GPN) one of the 10 best payment processing stocks to buy now. On June 11, Bryan Bergin from TD Cowen decreased the price target from $86 to $74 on Global Payments Inc. (NYSE:GPN), resulting in a revised upside potential of almost 19%. The **** yst reiterated his Hold rating on the stock.
Bergin mentioned that TD Cowen has revised its model to reflect a more cautious outlook with regard to previously disclosed headwinds, which now appear more likely to occur. He pointed out that despite this cautious short-term adjustment, the company's projections about an expected increase in the second half of 2026 have not changed.
Robert Kneschke/Shutterstock.com
Earlier, on June 3, Susquehanna also reaffirmed its Positive rating on Global Payments Inc. (NYSE:GPN). The firm reduced the price target from $119 to $111, which translates into a revised upside potential of more than 77%.
After a closer look at public transcripts and travel-related **** umptions, the firm changed its estimates. Susquehanna toned down its projections by reducing its growth **** umptions to 3.2% for the second quarter, 5% for the second half, and 4% for the entire year 2026.
Bergin mentioned that TD Cowen has revised its model to reflect a more cautious outlook with regard to previously disclosed headwinds, which now appear more likely to occur. He pointed out that despite this cautious short-term adjustment, the company's projections about an expected increase in the second half of 2026 have not changed.
Robert Kneschke/Shutterstock.com
Earlier, on June 3, Susquehanna also reaffirmed its Positive rating on Global Payments Inc. (NYSE:GPN). The firm reduced the price target from $119 to $111, which translates into a revised upside potential of more than 77%.
After a closer look at public transcripts and travel-related **** umptions, the firm changed its estimates. Susquehanna toned down its projections by reducing its growth **** umptions to 3.2% for the second quarter, 5% for the second half, and 4% for the entire year 2026.
5 months ago
Nu Holdings Ltd. (NYSE:NU) is among the stocks with the best earnings growth for the next 3 years. On June 15, Citi trimmed the price target on Nu Holdings Ltd. (NYSE:NU) from $18 to $13, while downgrading the stock to Neutral from Buy. According to the firm, the company's growth will come at the cost of monetization and profitability due to its credit-dependent nature. The exposure to credit cards and personal loans increases its "vulnerability to a crowding-out effect on borrowers' repayment capacity," the firm added.
Back on June 3, Susquehanna downgraded Nu Holdings Ltd. (NYSE:NU) to Neutral from Positive and cut the price target from $18 to $13. In the first quarter, operating margins dropped 760 basis points to 19.2%, given the credit card push in Brazil and the Mexico expansion. The leadership restructuring, with the departure of Brazil-based CFO Guilherme Lago and the hiring of Visa's North America CEO Rob Livingston, will accelerate the company's global expansion, the firm said. Thus, making NU one of the stocks with the best earnings growth for the next 3 years.
Pixabay/Public Domain
The firm also flagged some concerns. As noted by Susquehanna, the company's margins have been under strain due to multiple factors that show little sign of easing in the near term. The firm believes that Nu Holdings Ltd. (NYSE:NU) is entering another heightened investment cycle, which will weigh on the shares until there is greater visibility into the outlook.
Nu Holdings Ltd. (NYSE:NU), founded in 2013, is a Brazilian provider of a digital banking platform offering spending, mobile payments, transactional, savings, and investing solutions.
Back on June 3, Susquehanna downgraded Nu Holdings Ltd. (NYSE:NU) to Neutral from Positive and cut the price target from $18 to $13. In the first quarter, operating margins dropped 760 basis points to 19.2%, given the credit card push in Brazil and the Mexico expansion. The leadership restructuring, with the departure of Brazil-based CFO Guilherme Lago and the hiring of Visa's North America CEO Rob Livingston, will accelerate the company's global expansion, the firm said. Thus, making NU one of the stocks with the best earnings growth for the next 3 years.
Pixabay/Public Domain
The firm also flagged some concerns. As noted by Susquehanna, the company's margins have been under strain due to multiple factors that show little sign of easing in the near term. The firm believes that Nu Holdings Ltd. (NYSE:NU) is entering another heightened investment cycle, which will weigh on the shares until there is greater visibility into the outlook.
Nu Holdings Ltd. (NYSE:NU), founded in 2013, is a Brazilian provider of a digital banking platform offering spending, mobile payments, transactional, savings, and investing solutions.
5 months ago
Despite Micron Technology, Inc. (NASDAQ:MU)’s impressive 90% gains in May 2026, the Street continues to increase price targets, reflecting continued bullish sentiment on the stock. Micron Technology is also among our Best Performing Stocks in May.
Recently, on June 3, Morgan Stanley raised the firm’s price target on Micron Technology, Inc. (NASDAQ:MU) from $520 to $1,050, while maintaining a Buy rating on the shares. Earlier, on May 29, Susquehanna also raised its price target on the stock from $600 to $1,750 and maintained a Buy rating.
Morgan Stanley noted that their thesis around memory stocks is simple: that there is no quick fix to the ongoing memory shortage. The firm expects the supply tightness to persist for two to three years or more, creating a sustained favorable environment for memory producers like Micron. Despite memory stocks already performing strongly in both 2025 and 2026, Morgan Stanley believes the rally has further room to run.
Similarly, Susquehanna’s thesis is based on the strengthening average selling prices and growing confidence that elevated margins are sustainable, not temporary. The firm noted that a key driver for the company is the evolving memory and storage landscape, where changes to KV Cache offloading are discouraging manufacturers from aggressively adding wafer capacity. Susquehanna believes that this keeps the supply tight and expects this tightness throughout 2027.
Micron Technology, Inc. (NASDAQ:MU) provides memory and storage solutions sold into client, cloud server, enterprise, graphics, networking, smartphone, mobile-device, automotive, industrial, and consumer markets, among others.
Recently, on June 3, Morgan Stanley raised the firm’s price target on Micron Technology, Inc. (NASDAQ:MU) from $520 to $1,050, while maintaining a Buy rating on the shares. Earlier, on May 29, Susquehanna also raised its price target on the stock from $600 to $1,750 and maintained a Buy rating.
Morgan Stanley noted that their thesis around memory stocks is simple: that there is no quick fix to the ongoing memory shortage. The firm expects the supply tightness to persist for two to three years or more, creating a sustained favorable environment for memory producers like Micron. Despite memory stocks already performing strongly in both 2025 and 2026, Morgan Stanley believes the rally has further room to run.
Similarly, Susquehanna’s thesis is based on the strengthening average selling prices and growing confidence that elevated margins are sustainable, not temporary. The firm noted that a key driver for the company is the evolving memory and storage landscape, where changes to KV Cache offloading are discouraging manufacturers from aggressively adding wafer capacity. Susquehanna believes that this keeps the supply tight and expects this tightness throughout 2027.
Micron Technology, Inc. (NASDAQ:MU) provides memory and storage solutions sold into client, cloud server, enterprise, graphics, networking, smartphone, mobile-device, automotive, industrial, and consumer markets, among others.
6 months ago
In the PR battle for data centers, tech giants got a blue-collar ally
MAY 9, 2026
AP A data center owned by Amazon Web Services, front right, is under construction next to the Susquehanna nuclear power plant Jan. 14, 2025, in Berwick, Pa.
HARRISBURG, Pa. — Building trades unions — long fashioned as the voice of the American worker — are now intertwined with the richest companies in the world as they create America’s artificial intelligence economy.
Unionized workers are employed on a huge number of massive data center projects and scrambling to recruit new apprentices to feed the explosive demand.
They’ve also become an ally of tech giants and tech-friendly government officials, echoing the talking point that the United States is in a critical national security race with China for AI superiority.
https://www.tribtoday.com/...
MAY 9, 2026
AP A data center owned by Amazon Web Services, front right, is under construction next to the Susquehanna nuclear power plant Jan. 14, 2025, in Berwick, Pa.
HARRISBURG, Pa. — Building trades unions — long fashioned as the voice of the American worker — are now intertwined with the richest companies in the world as they create America’s artificial intelligence economy.
Unionized workers are employed on a huge number of massive data center projects and scrambling to recruit new apprentices to feed the explosive demand.
They’ve also become an ally of tech giants and tech-friendly government officials, echoing the talking point that the United States is in a critical national security race with China for AI superiority.
https://www.tribtoday.com/...
2 yr. ago
Most of the Susquehanna Valley is under a SLIGHT RISK for severe storms later today into the evening. Be sure to keep an eye to the sky and have a plan to head indoors to safety should threatening weather approach. The best chance for severe storms will be south & southeast
