NVIDIA Corporation (NASDAQ:NVDA) was among the stocks Jim Cramer commented on, saying that tech stocks cannot be trusted to lead anymore. Cramer noted that the company stands to benefit from the upcoming IPOs. He said: Many of these tech companies are coming public because they need money to build out their data center networks. It’s […]
NVIDIA Corporation (NASDAQ:NVDA) was among the stocks Jim Cramer commented on, saying that tech stocks cannot be trusted to lead anymore. Cramer noted that the company stands to benefit from the upcoming IPOs. He said: Many of these tech companies are coming public because they need money to build out their data center networks. It’s […]
Meta Platforms, Inc. (NASDAQ:META) was among the stocks Jim Cramer commented on, saying that tech stocks cannot be trusted to lead anymore. Cramer mentioned the company while discussing the Magnificent Seven, as he commented: The hallmark of the Magnificent Seven: bulletproof balance sheets. That’s what allowed them to have these robust buybacks. They were tight. […]
Meta Platforms, Inc. (NASDAQ:META) was among the stocks Jim Cramer commented on, saying that tech stocks cannot be trusted to lead anymore. Cramer mentioned the company while discussing the Magnificent Seven, as he commented: The hallmark of the Magnificent Seven: bulletproof balance sheets. That’s what allowed them to have these robust buybacks. They were tight. […]
kynny/iStock via Getty Images AXT ( AXTI ) surged 10% during early market action on Friday following a report that indium phosphide, or InP, supplies might face constraints due to China's reluctance to issue export licenses, which could dampen the growth of optics. AXT produces InP and other compounds that are critical in the production of wafers. The company benefits from a vertically integrated ...
kynny/iStock via Getty Images AXT ( AXTI ) surged 10% during early market action on Friday following a report that indium phosphide, or InP, supplies might face constraints due to China's reluctance to issue export licenses, which could dampen the growth of optics. AXT produces InP and other compounds that are critical in the production of wafers. The company benefits from a vertically integrated supply chain, partially owning raw material companies in China that provide essential inputs for its production process. This strategy ensures a reliable supply of critical materials and cost advantages. "With regards to InP, we don't see constraints or concerns around the timing and volume of China export license grants as new news, but we do see the additional focus being placed on Chinese restrictions as interesting," said Wedbush analysts Matt Bryson and Antoine Legault in an investor note. "In our view, US pressure has seemingly moderated potential other material constraints (e.g., rare earths)." "Increasing the importance of InP as part of the US trade agenda could ease supply tightness with positive implications for AXT (remember AXT has chosen in recent quarters to guide revenues in line with already granted licenses, creating significant upside should license approvals accelerate)," they added. What's more, if InP prices do increase, which are not currently added into AXT's consensus figures, it could provide significant upside. Wedbush rates AXT with an Outperform rating and a $93 price target. More on AXT AXT: The Time To Be Really Greedy Is Over AXT: A Company Meeting An Inflection Point AXT Inc. Hits New All-Time Highs On Strong Earnings And Forward Outlook Axt outlines plans to double indium phosphide capacity again in 2027 while guiding Q2 GAAP EPS to $0.05-$0.07 AXT Q1 2026 Earnings Preview
Francisco Zalez/iStock via Getty Images Introduction In my view, WEX looks cheap, but the market's discount remains justified by the company's weaker organic growth. WEX Inc. ( WEX ) operates as a specialized payment platform whose revenues are generated from fleet management, corporate payments, and benefits payments administration. Its business model is strongly dependent on transaction volumes ...
Francisco Zalez/iStock via Getty Images Introduction In my view, WEX looks cheap, but the market's discount remains justified by the company's weaker organic growth. WEX Inc. ( WEX ) operates as a specialized payment platform whose revenues are generated from fleet management, corporate payments, and benefits payments administration. Its business model is strongly dependent on transaction volumes and gas price fluctuations, which create revenue fluctuations. In fiscal year 2025, WEX recorded revenues of $2.66 billion, and in 2026 Q1 , they grew 5.8% to $673.8 million. The biggest share of revenues is generated from the mobility segment, though its growth is slowing to 3.2%, which shows maturity in the main market. The company's P/E is low at 8.2x, though the forward P/E is even lower at around 7.1x, reflecting the market's expectations due to EPS growth to around $18.95-19.55 in 2026. Despite the 36.2% reaching adjusted operating margin, the market is skeptically valuing the dependency on gas prices, which in Q1 comprised a big part of the result overachievement. Financial leverage remains at around a 3.1x level, which limits flexibility to aggressive acquisitions and capital returns. The market values the company as a value stock, whose growth potential in the benefits and corporate payments segments is counterbalanced by the stagnant fleet card business. Such a structure requires constant efficiency increases through AI integration, trying to maintain profitability in a competitive payment environment. EPS in Q1 reached $4.15, which is 18.2% growth year over year, though the share price dropped after the earnings release showed that the market requires more sustainable organic growth without macroeconomic supporting factors. Business Overview WEX Inc. operates as a global payment platform, whose revenues in 2026 Q1 reached $673.8 million, showing an 8% annual growth. The business model is diversified into three main segments: mobility, corporate payments, and heal...
Richard Drury Real estate ( XLRE ) has surpassed its 2021 all-time high of $44.85, as recent data from Freddie Mac showed that mortgages rose from last week. The sector is currently $45.43—after reaching a record of $45.45—up 12.6% year-to-date and up 8.2% from a year ago. XLRE vs. S&P 500 (Seeking Alpha) Supporting the sector’s performance, home sales have risen even as mortgage rates increased t...
Richard Drury Real estate ( XLRE ) has surpassed its 2021 all-time high of $44.85, as recent data from Freddie Mac showed that mortgages rose from last week. The sector is currently $45.43—after reaching a record of $45.45—up 12.6% year-to-date and up 8.2% from a year ago. XLRE vs. S&P 500 (Seeking Alpha) Supporting the sector’s performance, home sales have risen even as mortgage rates increased this week. The 30-year fixed-rate mortgages averaged 6.52%, up from 6.48% last week, while the 15-year fixed-rate mortgages averaged 5.84%, up from 5.79% a week ago. The median U.S. home sale prices reached a record $400,894 during the four weeks ending in June 7, up 1.5% year-over-year. “Stronger employment momentum has helped existing home sales reach a five-month high,” said Sam Khater, Freddie Mac’s chief economist. “Importantly, we're seeing homebuyers look past the short-term rate fluctuations and actively enter the market, signaling renewed confidence in homeownership opportunities.” Investors have rotated into defensives, including real estate, as some have sought to reduce technology exposure. In addition, real estate has outperformed the S&P 500 ( SP500 ) on a year-to-date basis. Numbers… with data centers and some of the sector’s top players—including Welltower ( WELL ), Equinix ( EQIX ), Digital Realty ( DLR ), and Prologis ( PLD )—supporting its performance. Below are the top-performing real estate stocks with a Seeking Alpha Quant rating of “buy” or “strong buy.” EPR Properties ( EPR ) +2.77%, Quant rating: 4.60 Newmark Group ( NMRK ) +2.36%, Quant rating: 3.81 Postal Realty Trust ( PSTL ) +2.03%, Quant rating: 4.86 Chatham Lodging Trust ( CLDT ) +1.74%, Quant rating: 4.73 Host Hotels & Resorts ( HST ) +1.66%, Quant rating: 4.81 W. P. Carey ( WPC ) +1.65%, Quant rating: 3.92 LXP Industrial Trust ( LXP ) +1.56%, Quant rating: 4.68 Brixmor Property Group ( BRX ) +1.43%, Quant rating: 3.50 Healthcare Realty Trust ( HR ) +1.41%, Quant rating: 4.44 Alpine Income Pro...
Jonathan Kitchen French artificial intelligence startup Mistral AI is in talks to secure around €3B ($3.5B) in funding, valuing the company at roughly €20B, Bloomberg reported. Discussions are still at a nascent stage, and the valuation could go higher depending on investor demand, the report said, citing people familiar with the matter. The Paris-based company, which is widely considered Europe’s...
Jonathan Kitchen French artificial intelligence startup Mistral AI is in talks to secure around €3B ($3.5B) in funding, valuing the company at roughly €20B, Bloomberg reported. Discussions are still at a nascent stage, and the valuation could go higher depending on investor demand, the report said, citing people familiar with the matter. The Paris-based company, which is widely considered Europe’s response to OpenAI ( OPENAI ) and Anthropic ( ANTHRO ), was valued at €11.7B when it raised money in September. The potential cash injection is expected to help the firm compete against Silicon Valley’s AI dominance. Last month, Mistral CEO Arthur Mensch said that the company is considering designing its own chips and may eventually develop them. In an interview with CNBC , Mensch said that custom chips can significantly reduce the cost of deploying tokens. The firm currently relies on Nvidia ( NVDA ) for computing power. Mistral has already started building its own data centers in Europe, with locations in France and Sweden. It is aiming to generate $1.16B in revenue in 2026. More on Anthropic, OpenAI, etc. Nvidia: Nobody Is Pricing This In NVIDIA: The AI Story Just Got Even Bigger Nvidia: The Pullback Is A Gift As AI Demand Goes Parabolic (Rating Upgrade) OpenAI CEO Sam Altman cancels Abu Dhabi trip: report Dassault Systèmes drops on fears of AI disruption from Anthropic, Prometheus
McDonald’s (NYSE:MCD) is the rare mega-cap where the business is accelerating while the stock sits still. Global comps grew 3.8% last quarter, loyalty sales topped $9 billion in 90 days, and revenue jumped 9.4% YoY. Yet shares are down 5.67% year to date. I think the disconnect creates an opportunity. The question I want to ... McDonald’s Will Trade at This Price in 2028
McDonald’s (NYSE:MCD) is the rare mega-cap where the business is accelerating while the stock sits still. Global comps grew 3.8% last quarter, loyalty sales topped $9 billion in 90 days, and revenue jumped 9.4% YoY. Yet shares are down 5.67% year to date. I think the disconnect creates an opportunity. The question I want to ... McDonald’s Will Trade at This Price in 2028
"Reckless Propaganda": Globe And Mail Op-Ed Tells Readers "How To Properly Hate" Elon Musk Ahead Of SpaceX IPO Whether it is Elizabeth Warren , left-leaning unions , or Democrat-aligned NGOs funded by dark money, the common pattern here has been an information campaign aimed at Elon Musk to derail the SpaceX IPO. Their motives are very simple: if the game is about power and money, then Musk potent...
"Reckless Propaganda": Globe And Mail Op-Ed Tells Readers "How To Properly Hate" Elon Musk Ahead Of SpaceX IPO Whether it is Elizabeth Warren , left-leaning unions , or Democrat-aligned NGOs funded by dark money, the common pattern here has been an information campaign aimed at Elon Musk to derail the SpaceX IPO. Their motives are very simple: if the game is about power and money, then Musk potentially becoming the world's first trillionaire on Friday morning represents a direct threat to the progressive empire they have built. Just as with President Trump, the left has mounted a permanent pressure campaign of 'useful idiots' against Elon Musk because he has poured tens of millions of dollars into political campaigns for pro-America candidates - something Democrats, socialists, and Marxists despise. Then, Musk headed up DOGE in early 2025, which resulted in the defunding of USAID - another move by Musk that caused unhinged left-wing NGOs and Democrats to lose their minds. The anti-Musk crowd was at it again on Thursday, one day before the SpaceX IPO was set to kick off, when a former Wall Street Journal reporter published an opinion piece in The Globe and Mail titled, "SpaceX is set to make Elon Musk the first trillionaire. Here's how to properly hate him." Chris Gay, who appears to have a lot of pent-up hatred for Musk, began the op-ed: "Now that the SpaceX initial public offering is making Elon Musk all but officially the world's first trillionaire, is it okay to despise him just for being one? To broaden the question: are the billionaires associated with widening inequality a bad look for capitalism?" The op-ed is less about wealth itself and more of a political framing exercise that uses the SpaceX IPO as the catalyst to recast Musk's soaring fortune as a governance risk. Gay attempts to launder what appears to be hatred toward Musk, centering his argument on democracy, inequality, and political capture. In other words, the target is not simply Musk becoming the...
Marlon Trottmann/iStock Editorial via Getty Images I'm still positive on Jones Lang LaSalle Incorporated ( JLL ). The industry's prospects are solid. Jones Lang LaSalle possesses the capabilities to mitigate threats from AI. My earlier March 31, 2026 write-up highlighted the firm's multiple growth engines and margin accretion potential. AI-Related Risks Are Exaggerated And More Than Priced In SA N...
Marlon Trottmann/iStock Editorial via Getty Images I'm still positive on Jones Lang LaSalle Incorporated ( JLL ). The industry's prospects are solid. Jones Lang LaSalle possesses the capabilities to mitigate threats from AI. My earlier March 31, 2026 write-up highlighted the firm's multiple growth engines and margin accretion potential. AI-Related Risks Are Exaggerated And More Than Priced In SA News reported in mid-May that the rollout of "the first AI property management platform (FORE Real)" triggered worries about technology substituting "labor-heavy, fee-based professional services." JLL's shares suffered a one-week drop of almost 13% during the same week. I believe it will be difficult for AI-native startups to replicate the company's bespoke insights and scale-driven edge. During its March "Investor Day" , management emphasized that they boast "the only global real-time debt intelligence platform", which is "adding $2.7 billion of new quotes every day." You can imagine that its clients need such comprehensive and reliable information to determine the most appropriate funding approach for their properties. June 2026 Slide Deck As per the chart presented above, JJones Lang LaSalle's internal databases track a host of metrics critical to decision-making across property management, leasing, and M&A. Most of these are "live" and non-public in nature. In my view, emerging tech disruptors can't simply procure similar data from the internet and expect to be competitive with the group. Jones Lang LaSalle also recently took part in William Blair's "46th Annual Growth Stock Conference" on Jun 2. According to the slides used for this event, it boasts a "97% coverage of addressable commercial real estate (CRE) market", while serving half of "Fortune 500 companies." It's reasonable to assume that multinational enterprises require an advisor with a vast footprint like this. The firm's June '26 presentation drew attention to its 3.4ppts EBITDA-to-revenue ratio improvement ov...
JHVEPhoto Barclays downgraded Travelers ( TRV ) to Underweight from Equalweight as analyst Alex Scott sees industry trends of weakening pricing and pressured margins being more pronounced at the P&C insurer. "In particular, slowing rate and exposure growth, combined with pressure in personal lines margins, should drive gradual underwriting margin compression," Scott wrote in a note to clients. The...
JHVEPhoto Barclays downgraded Travelers ( TRV ) to Underweight from Equalweight as analyst Alex Scott sees industry trends of weakening pricing and pressured margins being more pronounced at the P&C insurer. "In particular, slowing rate and exposure growth, combined with pressure in personal lines margins, should drive gradual underwriting margin compression," Scott wrote in a note to clients. The analyst expects headwinds against earnings growth in the next few years due to slowing premium growth, deterioration in commercial lines margins, and the potential for faster erosion of personal lines. Share buybacks and favorable prior year development may offset the downward pressure on earnings somewhat but aren't likely to fully offset them, Scott added. Travelers ( TRV ) stock slipped 0.9% in Friday morning trading. The Underweight rating is more bearish than the SA Quant rating and the average Wall Street rating of Hold More on The Travelers Companies Travelers: Not Exciting, Just Reliable The Travelers Companies, Inc. (TRV) Q1 2026 Earnings Call Transcript Travelers: Profits Up, Strong Chart, Remains A Lower-Risk Financials Play Travelers expects after-tax fixed income net investment income to reach about $870M in Q4 2026 as dividend rises 14% The Travelers Companies Non-GAAP EPS of $7.71 beats by $0.63, revenue of $10.34B misses by $770M
Nico De Pasquale Photography/DigitalVision via Getty Images AllianceBernstein Stock Analysis This is a stock outside my usual coverage area, as I primarily write about commodity-focused names: gold, silver, copper, oil and gas, etc. It’s also the only financial stock I own in a portfolio of roughly 30 names. But AllianceBernstein ( AB ) shares are too compelling to not write about here. In a marke...
Nico De Pasquale Photography/DigitalVision via Getty Images AllianceBernstein Stock Analysis This is a stock outside my usual coverage area, as I primarily write about commodity-focused names: gold, silver, copper, oil and gas, etc. It’s also the only financial stock I own in a portfolio of roughly 30 names. But AllianceBernstein ( AB ) shares are too compelling to not write about here. In a market where the Shiller P/E ratio nears all-time highs (40x), making this one of the most expensive markets in history, we’ve got a stable asset manager trading at 11 times earnings and yielding ~9%. It’s a no-brainer investment hiding in plain sight. In a market where memory and chipmaker stocks have soared by 300-500% (or more, in some cases) over the past year, it’s hard for some investors and speculators to avoid jumping in and chasing quick gains. But that’s the wrong move to make here in a crowded AI market. The public is getting tired of AI, too: Pew found that seven in ten Americans oppose building an AI data center near them, and 57% of adults now think the risks outweigh the benefits. If retail and/or institutional investors decide they want out of anything AI-related (especially after seeing positions triple or quadruple in a short time frame), the rotation out of AI names into value and yield could be epic. So, I've been a pretty cautious investor over the past few months. Outside of commodities and energy - in particular, a select group of master limited partnerships (“MLPs”) and upstream companies, which I still think are cheap - I'm not recommending much. AllianceBernstein is the exception. While it's in the finance industry, it checks the two boxes I want in a market like this one: value and yield. Its units should provide good risk-adjusted returns over the next few years, as I argue below. What AllianceBernstein Does, and Why It Works AllianceBernstein Asset Class Institutions Retail Private Wealth Total (May 31) Total (Apr 30) Equity—Actively Managed $51 $169...
Colin Anderson Productions pty ltd/Stockbyte via Getty Images MarketAxess Holdings ( MKTX ) was trading higher as BofA Securities raised its recommendation on the stock to Neutral from Underperform on potential e-trading reacceleration. Shares were 1.88% higher at $118.52 after the market opened on Friday. "MKTX was the first mover in corporate bond electronic trading but has been ceding market sh...
Colin Anderson Productions pty ltd/Stockbyte via Getty Images MarketAxess Holdings ( MKTX ) was trading higher as BofA Securities raised its recommendation on the stock to Neutral from Underperform on potential e-trading reacceleration. Shares were 1.88% higher at $118.52 after the market opened on Friday. "MKTX was the first mover in corporate bond electronic trading but has been ceding market share to more innovative new entrants (Tradeweb ( TW ), Trumid). As a percentage of U.S. corporate bond e-trading, their share has declined to 33% from 57% over 5Y," said BofA analysts. "With the valuation sliding to an all-time low of 14x (down 50% over 1Y) at the same time that headwinds are abating, we see an opportunity to be more constructive," said the research note. "As the main battleground shifts from Tier-1 accounts to the tail, we think it will become more challenging for competitors to drive adoption given stronger consumer inertia and a greater emphasis on operational simplicity," said the note. "Next leg of electronification stems from EMMs & AI. Although the pace of electronification has decelerated in recent years, we believe that (1) rising affiliate trading has exaggerated the picture and (2) artificial intelligence & electronic market makers are likely to fuel a reacceleration in electronification," said the analysts. The price objective was maintained at $170. BofA's rating aligns with the average sell-side analysts rating of Hold. Seeking Alpha authors grade the stock as Buy, while the Quant Rating system sees MKTX as Sell. More on MarketAxess MarketAxess Holdings Inc. (MKTX) Presents at Morgan Stanley US Financials Conference 2026 Transcript MarketAxess Holdings Inc. (MKTX) Presents at Piper Sandler Global Exchange and Fintech Conference Transcript MarketAxess Holdings Inc. 2026 Q1 - Results - Earnings Call Presentation MarketAxess outlines new issue solution rollout as 2026 new issuance forecast nears $2T MarketAxess Q4 2026 Earnings Preview
Bitcoin ’s rebound this week from the depths of despair below $60,000 has reignited a familiar Wall Street ritual: trying to call the bottom. Analysts point to a growing list of signals that have accompanied past market lows. At the same time, some argue the coin’s washout coincided with a broader shift in speculative appetite, as artificial-intelligence stocks and SpaceX’s closely watched public ...
Bitcoin ’s rebound this week from the depths of despair below $60,000 has reignited a familiar Wall Street ritual: trying to call the bottom. Analysts point to a growing list of signals that have accompanied past market lows. At the same time, some argue the coin’s washout coincided with a broader shift in speculative appetite, as artificial-intelligence stocks and SpaceX’s closely watched public debut became competing destinations for risk capital. The theory is difficult to prove, and the market remains far from an all-clear. Spot Bitcoin ETFs are still suffering heavy outflows, institutional demand remains weak and some analysts warn the token could yet experience another leg lower. Yet the search for signs of stabilization has intensified after Bitcoin’s plunge to $59,100 last week. Historically, the token – now trading at $63,000 — has often begun carving out bottoms when pessimism is widespread, flows are deteriorating and investors struggle to identify a catalyst for recovery. For Geoffrey Kendrick , global head of digital-assets research at Standard Chartered, that process may already be underway. “I think we have now seen the low in crypto-asset prices for the cycle,” Kendrick wrote in a note to clients. He cited two potential catalysts. The first is easing geopolitical tensions that could reduce pressure on oil prices and Treasury yields. The second is the possibility that the SpaceX IPO marks the end of a recent wave of ETF selling. Kendrick said some Bitcoin ETF holders may have sold positions to free up cash for the offering, helping fuel one of the sharpest stretches of outflows since the funds launched. Other analysts see evidence of a bottom forming in the market’s internals. Bitcoin’s drop left it trading just 9% above its realized price, or the average level at which coins last moved on-chain. According to CryptoQuant, the metric has historically approached realized price near major bear-market lows. Vetle Lunde at K33 Research points to another me...
The stock market thrives on anticipation, and few public offerings have generated as much of it as SpaceX‘s (NASDAQ:SPCX) debut. The aerospace giant priced its IPO at $135 per share, raising tens of billions of dollars and becoming one of the largest public offerings ever. Yet as investors refreshed their brokerage accounts Friday morning, many ... SpaceX IPO Delayed? Here’s Why SPCX Still Isn’t T...
The stock market thrives on anticipation, and few public offerings have generated as much of it as SpaceX‘s (NASDAQ:SPCX) debut. The aerospace giant priced its IPO at $135 per share, raising tens of billions of dollars and becoming one of the largest public offerings ever. Yet as investors refreshed their brokerage accounts Friday morning, many ... SpaceX IPO Delayed? Here’s Why SPCX Still Isn’t Trading Yet
In this article SPCX Follow your favorite stocks CREATE FREE ACCOUNT Elon Musk is photographed at SpaceX in Brownsville, Texas. Marvin Joseph | The Washington Post | Getty Images The SpaceX initial public offering on Friday is poised to be the biggest ever — and is generating a lot of buzz. But IPOs can carry dangers for the average investor, according to finance experts. Follow CNBC's live update...
In this article SPCX Follow your favorite stocks CREATE FREE ACCOUNT Elon Musk is photographed at SpaceX in Brownsville, Texas. Marvin Joseph | The Washington Post | Getty Images The SpaceX initial public offering on Friday is poised to be the biggest ever — and is generating a lot of buzz. But IPOs can carry dangers for the average investor, according to finance experts. Follow CNBC's live updates on the SpaceX (SPCX) IPO For starters, stocks are often unprofitable in the early period after an IPO, experts said. And buying individual companies — instead of investment funds with a broadly diversified basket of stocks — can make that volatility more acute for unwary investors due to their concentrated positions. There's good news, though: Investors who want a piece of SpaceX don't have to buy the stock outright. There are ample mutual funds and exchange-traded funds that hold SpaceX positions, or will do so after the company goes public. They would hold the stock as one sliver of a broader investment portfolio. The same is true of other highly anticipated, blockbuster IPOs slated for this year, like those of Anthropic and OpenAI , experts said. "There will be other ways investors can access the stock, other than buying the IPO," said Zachary Evens, an analyst of passive strategies at Morningstar. At $135 per share, SpaceX would be valued at nearly $1.8 trillion , making it the seventh-biggest company in the U.S. by market capitalization. The IPO is poised to make CEO Elon Musk the world's first trillionaire . How to get access to SpaceX in index funds Vehicles drive past a SpaceX Falcon 9 rocket displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California, on June 8, 2026. Patrick T. Fallon | Afp | Getty Images The universe of investment funds for retail investors generally falls into two categories: those that are actively managed and others that are passively managed. The latter, known as index funds, are designed to track the broad pe...