Oracle (NYSE:ORCL) just turned in the quarter that finally validates the AI infrastructure thesis. Cloud Infrastructure revenue jumped 93% year over year to $5.79 billion in Q4 FY2026, and the remaining performance obligation backlog now sits at $638 billion. Shares closed at $201.26 on June 10, up just 3.89% year to date. The disconnect between ... Can Oracle Hit $400? This Is How It Could
Oracle (NYSE:ORCL) just turned in the quarter that finally validates the AI infrastructure thesis. Cloud Infrastructure revenue jumped 93% year over year to $5.79 billion in Q4 FY2026, and the remaining performance obligation backlog now sits at $638 billion. Shares closed at $201.26 on June 10, up just 3.89% year to date. The disconnect between ... Can Oracle Hit $400? This Is How It Could
Noted investor and GeneDx board member Eli Casdin has his hedge fund, Casdin Capital, buying up shares of GeneDx Holdings (NASDAQ:WGS) . In the first few days of June, Casdin Capital bought 200,000 shares for about $11.1 million, according to a SEC Form 4 filing. The purchase comes after buying 500,000 shares in May for nearly $21.5 million, according to filings. Transaction value based on SEC For...
Noted investor and GeneDx board member Eli Casdin has his hedge fund, Casdin Capital, buying up shares of GeneDx Holdings (NASDAQ:WGS) . In the first few days of June, Casdin Capital bought 200,000 shares for about $11.1 million, according to a SEC Form 4 filing. The purchase comes after buying 500,000 shares in May for nearly $21.5 million, according to filings. Transaction value based on SEC Form 4 weighted average purchase prices reported in May and June. GeneDx Holdings operates at scale in the healthcare information services sector, focusing on the intersection of artificial intelligence and genomic data. The company’s strategy centers on delivering advanced, science-driven analytics to enable more precise healthcare outcomes. Its competitive edge lies in integrating multidimensional data and applying machine learning to support personalized medicine initiatives. Continue reading
The agreement covers Amazon services and devices, including Prime Video, while resolving ongoing litigation and advancing InterDigital’s video licensing strategy. Key Investor TakeawaysInterDigital (NASDAQ:IDCC) has entered into a patent license agreement with Amazon covering devices and services, including Amazon Prime Video.
The agreement covers Amazon services and devices, including Prime Video, while resolving ongoing litigation and advancing InterDigital’s video licensing strategy. Key Investor TakeawaysInterDigital (NASDAQ:IDCC) has entered into a patent license agreement with Amazon covering devices and services, including Amazon Prime Video.
After SpaceX IPO, Jefferies Lays Out Five Takeaways For Space Boom Into 2030s Friday’s SpaceX IPO will be a defining moment not only for capital markets but also for the booming space industry and Elon Musk’s broader industrial empire, which has catapulted America to the lead in the space race against Communist China and Russia. Ahead of the four-times-oversubscribed SpaceX IPO, we explained to re...
After SpaceX IPO, Jefferies Lays Out Five Takeaways For Space Boom Into 2030s Friday’s SpaceX IPO will be a defining moment not only for capital markets but also for the booming space industry and Elon Musk’s broader industrial empire, which has catapulted America to the lead in the space race against Communist China and Russia. Ahead of the four-times-oversubscribed SpaceX IPO, we explained to readers how to profit from the incoming data center boom in low-Earth orbit and broke down the mechanics of the IPO in an easy-to-understand format . Next, we want to give readers the opportunity to understand where the space industry is headed to position bullish bets, as this industry will likely have tailwinds for years to come. It's all about following the money. We are leaning on Jefferies analyst Aniket Shah’s Wednesday report, which provided a roadmap for understanding the space industry through five easy takeaways. 1. The global space economy has reached $600bn, potentially tripling to $1.8trn by 2035 . Commercial activity accounts for 80% and spans satellite TV, broadband, GPS infrastructure, and satellite manufacturing. The remaining 20% is government spending. Within the investable "backbone" of physical infrastructure, state-sponsored spending is projected to grow faster than commercial, rising from $125bn to $320bn (+256%) vs $205bn to $435bn (+212%) for commercial over the next decade. Defense is the fastest-growing category within the space economy. 2. The US accounts for 60% of global government spending on space; China ranks second . US government space spending is ~$80bn, more than the rest of the world combined. China spends ~ $20bn, but this figure is not PPP-adjusted, meaning its effective spending power is materially closer to the US than the nominal gap implies. Japan is a notable third player, having designated space as one of Prime Minister Takeshi's 17 strategic sectors (see here & here). China has similarly identified space as a strategic area in it...
One sometimes-overlooked aspect of the artificial intelligence (AI) trend is that nearly every aspect of the technology, from training to inference to physical AI, creates data that needs to be stored on hard disk drives. Two major U.S. technology companies that supply those resources are Western Digital (NASDAQ: WDC) and Seagate Technology (NASDAQ: STX) . Their shares are up by around 190% and 20...
One sometimes-overlooked aspect of the artificial intelligence (AI) trend is that nearly every aspect of the technology, from training to inference to physical AI, creates data that needs to be stored on hard disk drives. Two major U.S. technology companies that supply those resources are Western Digital (NASDAQ: WDC) and Seagate Technology (NASDAQ: STX) . Their shares are up by around 190% and 200%, respectively, year to date, and it appears their growth cycles are still ramping up. Analysts' average price target for Western Digital is around 9% higher than its current price, while Seagate's average price target is about 5% higher than it is trading today. Here are three reasons I like each stock. Continue reading
Photofex-AT/iStock Editorial via Getty Images Airbus ( EADSF ) ( EADSY ) is increasingly viewing Sweden's Saab ( SAABF ) ( SAABY ) as a potential strategic partner for future combat aircraft programs following the breakdown of the Franco-German Future Combat Air System (FCAS), Reuters reported Thursday, citing people familiar with the discussions. The talks, which have been underway for at least s...
Photofex-AT/iStock Editorial via Getty Images Airbus ( EADSF ) ( EADSY ) is increasingly viewing Sweden's Saab ( SAABF ) ( SAABY ) as a potential strategic partner for future combat aircraft programs following the breakdown of the Franco-German Future Combat Air System (FCAS), Reuters reported Thursday, citing people familiar with the discussions. The talks, which have been underway for at least six months, reflect a broader reshaping of Europe's defense industry as governments and manufacturers reconsider long-term military aviation partnerships. Why it matters for investors The collapse of FCAS creates uncertainty around one of Europe's largest defense development efforts but may also open new opportunities for aerospace and defense companies competing to shape the continent's next generation of fighter aircraft. The outcome could influence billions of euros in future procurement spending, research funding and industrial partnerships across Europe over the coming decades. Airbus, which represents German and Spanish interests in military aviation, has also held discussions related to the separate Global Combat Air Programme (GCAP), a fighter jet initiative led by Britain, Italy and Japan. Speaking in Berlin, Airbus Defence & Space CEO Michael Schoellhorn confirmed Saab is among the companies being considered for future cooperation, though he said it is too early to determine what form any partnership might take. Saab said collaboration would ultimately depend on political decisions but added that it remains open to working with a range of defense companies. The end of FCAS, expected to be formalized during the Berlin Airshow, marks a setback for European defense integration after nearly a decade of work between Airbus and France's Dassault Aviation. Analysts say the breakup highlights the difficulty of aligning national military requirements, industrial priorities and political interests in multinational defense programs. Germany and Sweden have moved closer on def...
GameStop (NYSE:GME) has reinvented itself into a cash-rich holding company rather than a brick-and-mortar gaming retailer, and the market is still struggling to price what that means. After a blowout Q1 FY26 report, neutral retail sentiment, and a deep disconnect with traditional Wall Street coverage, my model sees meaningful upside from current levels. The 24/7 ... GameStop Surges on Q1 Beat, $2B...
GameStop (NYSE:GME) has reinvented itself into a cash-rich holding company rather than a brick-and-mortar gaming retailer, and the market is still struggling to price what that means. After a blowout Q1 FY26 report, neutral retail sentiment, and a deep disconnect with traditional Wall Street coverage, my model sees meaningful upside from current levels. The 24/7 ... GameStop Surges on Q1 Beat, $2B Buyback, $39 Target
The US Supreme Court shielded funds from some investor lawsuits in a 6-3 vote, blocking activist investors from suing 11 closed-end funds. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)
The US Supreme Court shielded funds from some investor lawsuits in a 6-3 vote, blocking activist investors from suing 11 closed-end funds. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)
Outside of purchasing a home, buying a car is the most expensive purchase most people will make in their lifetimes. Now, companies like Tesla and General Motors are developing technologies that will add value to their vehicles beyond just transportation. On June 9, General Motors announced that it ...
Outside of purchasing a home, buying a car is the most expensive purchase most people will make in their lifetimes. Now, companies like Tesla and General Motors are developing technologies that will add value to their vehicles beyond just transportation. On June 9, General Motors announced that it ...
ANET rolls out 7060XE7 Series Ethernet platforms, delivering 1.6 Tbps per port and up to 100 Tbps switching capacity to meet surging AI infrastructure demands.
ANET rolls out 7060XE7 Series Ethernet platforms, delivering 1.6 Tbps per port and up to 100 Tbps switching capacity to meet surging AI infrastructure demands.
The SpaceX IPO order book is closed. Retail investors will play a huge role in how the initial public offering goes. On Thursday, Bloomberg reported that retail investors have orders for some $70 billion worth of SpaceX stock.
The SpaceX IPO order book is closed. Retail investors will play a huge role in how the initial public offering goes. On Thursday, Bloomberg reported that retail investors have orders for some $70 billion worth of SpaceX stock.