6 days ago
This has been an amazing year for Advanced Micro Devices (NASDAQ: AMD) investors so far, as shares of the semiconductor specialist have jumped by an impressive 144%.
This incredible rally in AMD stock is well deserved, as the company is gradually becoming more influential in the artificial intelligence (AI) chip market. The good news for investors is that AMD's rally could get a nice shot in the arm when the company releases its second-quarter results after the market closes on Aug. 4, following a new development.
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 »
It has been just over a year since AMD announced that it will offer a next-generation AI server rack, known as Helios, to hyperscalers and AI companies. This rack-scale system integrates the chip designer's data center graphics processing units (GPUs), Epyc server processors, Pensando networking chips, and enormous amounts of high-bandwidth memory (HBM) to quickly process AI workloads in data centers.
AMD has already landed a major hyperscaler in the form of Meta Platforms to deploy Helios. And now, the chip designer has just announced that Microsoft will also deploy the Helios rack-scale servers in its Azure data centers "to power frontier model AI inference for Microsoft, its AI customers and support Azure AI services."
#chip
This incredible rally in AMD stock is well deserved, as the company is gradually becoming more influential in the artificial intelligence (AI) chip market. The good news for investors is that AMD's rally could get a nice shot in the arm when the company releases its second-quarter results after the market closes on Aug. 4, following a new development.
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 »
It has been just over a year since AMD announced that it will offer a next-generation AI server rack, known as Helios, to hyperscalers and AI companies. This rack-scale system integrates the chip designer's data center graphics processing units (GPUs), Epyc server processors, Pensando networking chips, and enormous amounts of high-bandwidth memory (HBM) to quickly process AI workloads in data centers.
AMD has already landed a major hyperscaler in the form of Meta Platforms to deploy Helios. And now, the chip designer has just announced that Microsoft will also deploy the Helios rack-scale servers in its Azure data centers "to power frontier model AI inference for Microsoft, its AI customers and support Azure AI services."
#chip
10 days ago
Dan Ives logs into the Zoom call in a loud, tropical shirt, the word "Margaritaville" splashed across the chest. He has spent the better part of 25 years as one of Wall Street's most recognizable tech bulls — a go-to voice on everything from Apple to Nvidia, a prolific note-writer who repeated the phrase "fourth industrial revolution" and has been telling investors, through every dip and correction, that they're still in the early innings. He has made a lot of people a lot of money by being consistently, loudly optimistic about technology stocks.
Now he is doing what he spent a decade and a half telling everyone else to do.
"Look, I'm an example of what I've preached over the years that AI will ultimately create more jobs than what it takes away," he told me in an interview, several weeks after leaving Wedbush Securities to launch Yorkville Ives, what he calls a "modern merchant bank" with Yorkville Securities. "If it wasn't for the AI revolution and it wasn't for this period … I couldn't do something like this."
That's the short version of what happened. The longer version, Ives told Fortune, is that after 25 years covering other people's companies, he realized he had never actually built one himself — and he wanted to. "As an ***** yst I always talk about companies, whether good or bad, what they've done. But I've never built anything," he said. He has helped institutional investors make money and CEOs shape narratives, he added, but he felt the itch. "I wanted to get off the treadmill and actually build something myself."
The first question, though, is just what he is building, actually. Ives said he traces the merchant bank concept back to Thomas Weisel and the early Jefferies era of the 1990s — outfits that didn't just publish research but put their own capital into transactions. "A lot of banks … they won't put their own money [in], they don't have the capital," he said. "That to me is really the key in terms of the difference with a merchant bank versus a typical investment bank."
Now he is doing what he spent a decade and a half telling everyone else to do.
"Look, I'm an example of what I've preached over the years that AI will ultimately create more jobs than what it takes away," he told me in an interview, several weeks after leaving Wedbush Securities to launch Yorkville Ives, what he calls a "modern merchant bank" with Yorkville Securities. "If it wasn't for the AI revolution and it wasn't for this period … I couldn't do something like this."
That's the short version of what happened. The longer version, Ives told Fortune, is that after 25 years covering other people's companies, he realized he had never actually built one himself — and he wanted to. "As an ***** yst I always talk about companies, whether good or bad, what they've done. But I've never built anything," he said. He has helped institutional investors make money and CEOs shape narratives, he added, but he felt the itch. "I wanted to get off the treadmill and actually build something myself."
The first question, though, is just what he is building, actually. Ives said he traces the merchant bank concept back to Thomas Weisel and the early Jefferies era of the 1990s — outfits that didn't just publish research but put their own capital into transactions. "A lot of banks … they won't put their own money [in], they don't have the capital," he said. "That to me is really the key in terms of the difference with a merchant bank versus a typical investment bank."
13 days ago
Sagimet Biosciences Inc. (NASDAQ:SGMT) is one of the 10 best stocks under $10 that could triple.
On June 29, Sagimet Biosciences Inc. (NASDAQ:SGMT) announced that it had been included in the broader Russell 3000 Index and the small-cap focused Russell 2000 Index, as part of the Russell Indexes reconstitution for 2026. The June index reconstitution incorporates about 4,000 of the largest U.S. companies, based on their market capitalization as of the April 30 close.
M. A. Arkhipov/Shutterstock.com
Inclusion in the Russell 3000 Index results in automatic addition to either the Russell 1000 Index or the Russell 2000 Index. It also leads to inclusions across indexes that cover value or growth tilts.
CEO David Happel said this development speaks volumes about what Sagimet has achieved over the years, with people now expecting the company to start its Phase 3 clinical study on denifanstat. He further stated:
On June 29, Sagimet Biosciences Inc. (NASDAQ:SGMT) announced that it had been included in the broader Russell 3000 Index and the small-cap focused Russell 2000 Index, as part of the Russell Indexes reconstitution for 2026. The June index reconstitution incorporates about 4,000 of the largest U.S. companies, based on their market capitalization as of the April 30 close.
M. A. Arkhipov/Shutterstock.com
Inclusion in the Russell 3000 Index results in automatic addition to either the Russell 1000 Index or the Russell 2000 Index. It also leads to inclusions across indexes that cover value or growth tilts.
CEO David Happel said this development speaks volumes about what Sagimet has achieved over the years, with people now expecting the company to start its Phase 3 clinical study on denifanstat. He further stated:
17 days ago
Sunbelt Rentals Holdings Inc. (NYSE:SUNB) is one of the best up and coming stocks to invest in right now. On June 6, Sunbelt Rentals announced its intention to launch a private offering of two series of benchmark-sized senior notes. This offering is subject to market and other prevailing conditions and is directed toward eligible purchasers.
The company plans to utilize the net proceeds from this offering for general corporate purposes. These include funding capital expenditures, working capital, and the potential repayment, refinancing, or redemption of existing indebtedness, such as amounts under current credit facilities.
Pixabay/Public Domain
These notes are being offered exclusively to qualified institutional buyers under Rule 144A and to non-US persons under Regulation S. As they have not been registered under the Securities Act of 1933, they cannot be offered or sold in the US without registration or an applicable exemption.
Sunbelt Rentals Holdings Inc. (NYSE:SUNB) is a rental & leasing services company that offers construction, industrial, and general equipment rental businesses for customers in various sectors.
The company plans to utilize the net proceeds from this offering for general corporate purposes. These include funding capital expenditures, working capital, and the potential repayment, refinancing, or redemption of existing indebtedness, such as amounts under current credit facilities.
Pixabay/Public Domain
These notes are being offered exclusively to qualified institutional buyers under Rule 144A and to non-US persons under Regulation S. As they have not been registered under the Securities Act of 1933, they cannot be offered or sold in the US without registration or an applicable exemption.
Sunbelt Rentals Holdings Inc. (NYSE:SUNB) is a rental & leasing services company that offers construction, industrial, and general equipment rental businesses for customers in various sectors.
19 days ago
Users of the Kalshi prediction market could soon bet on the price movements of gold (TVC: $GOLD) bullion.
Kalshi is seeking regulatory approval to offer perpetual future contracts tied to the price movements of gold, foreign currencies, and energy products such as crude oil.
Media reports say that Kalshi is in advanced discussions with U.S. regulators to introduce perpetual futures linked to traditional **** ets and commodities.
More From Cryptoprowl:
Ripple, The Company Behind XRP, Is Valued At $50 Billion
Kalshi is seeking regulatory approval to offer perpetual future contracts tied to the price movements of gold, foreign currencies, and energy products such as crude oil.
Media reports say that Kalshi is in advanced discussions with U.S. regulators to introduce perpetual futures linked to traditional **** ets and commodities.
More From Cryptoprowl:
Ripple, The Company Behind XRP, Is Valued At $50 Billion
19 days ago
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors.
Sometimes, markets can be a harsher judge than the fashion police.
Levi Strauss & Co. reported top- and bottom-line figures Wednesday that beat Wall Street's second-quarter forecasts, hiked its earnings guidance and increased its dividend. Shares in the jeansmaker nonetheless fell 5% in after-hours trading. With demand for denim steady, why did investors react like it's cheap rayon?
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
READ ALSO: Can SK Hynix Escape Chipmaking's Cyclical Curse After Nasdaq Debut? and AstraZeneca Plunges After New Heart Disease Drug Fails Trial
Sometimes, markets can be a harsher judge than the fashion police.
Levi Strauss & Co. reported top- and bottom-line figures Wednesday that beat Wall Street's second-quarter forecasts, hiked its earnings guidance and increased its dividend. Shares in the jeansmaker nonetheless fell 5% in after-hours trading. With demand for denim steady, why did investors react like it's cheap rayon?
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
READ ALSO: Can SK Hynix Escape Chipmaking's Cyclical Curse After Nasdaq Debut? and AstraZeneca Plunges After New Heart Disease Drug Fails Trial
20 days ago
JEPQ beats JEPI with a 24% one-year gain and a record $0.64 July payout, but its Nasdaq-100 concentration amplifies downside risk in a correction.
JEPI caps single holdings like NVDA and AAPL below 2%, spreading risk across sectors that shields NAV from individual stock blowups.
A VIX at 16, well below its 12-month average of 18, squeezes option premiums for both funds but punishes JEPI's quieter S&P 500 base harder.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Apple didn't make the cut. Grab the names FREE today.
The battle between JPMorgan's two flagship covered-call income ETFs comes down to a simple trade-off: JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) offers the smoother ride, while JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) delivers the fatter distributions. In July 2026, that trade-off looks less balanced than usual, and the winner may not be the one income investors reflexively ****** ume.
JEPI caps single holdings like NVDA and AAPL below 2%, spreading risk across sectors that shields NAV from individual stock blowups.
A VIX at 16, well below its 12-month average of 18, squeezes option premiums for both funds but punishes JEPI's quieter S&P 500 base harder.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Apple didn't make the cut. Grab the names FREE today.
The battle between JPMorgan's two flagship covered-call income ETFs comes down to a simple trade-off: JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) offers the smoother ride, while JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) delivers the fatter distributions. In July 2026, that trade-off looks less balanced than usual, and the winner may not be the one income investors reflexively ****** ume.
20 days ago
Chesterfield, Missouri-based Bunge Global SA (BG) is a leading global agribusiness and food company that connects farmers with consumers by sourcing, processing, transporting, and distributing agricultural commodities and food ingredients worldwide. The company has a market cap of $21.1 billion, and it operates an extensive network of grain elevators, oilseed processing plants, export terminals, refineries, and food manufacturing facilities across North and South America, Europe, Asia, and other key agricultural markets.
BG is expected to release its Q2 2026 earnings on Wednesday, Jul. 29, before the market opens. Ahead of the event, **** ysts expect the company's EPS to be $2 on a diluted basis, up 52.7% from $1.31 in the year-ago quarter. The company has exceeded Wall Street's EPS estimates in each of its last four quarters.
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BG is expected to release its Q2 2026 earnings on Wednesday, Jul. 29, before the market opens. Ahead of the event, **** ysts expect the company's EPS to be $2 on a diluted basis, up 52.7% from $1.31 in the year-ago quarter. The company has exceeded Wall Street's EPS estimates in each of its last four quarters.
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