Broadcom (Nasdsaq:AVGO) is set to reach $454 by March 2027 — the analyst consensus price target, as AI semiconductor revenue growth compounds into a fundamental re-rating that the current pullback has obscured. Shares are trading at $314.46 today, down 9.14% year-to-date and well below the $417.05 price Broadcom commanded when it last reported earnings in ... Broadcom (AVGO) Is Trading 25% Below I...
Broadcom (Nasdsaq:AVGO) is set to reach $454 by March 2027 — the analyst consensus price target, as AI semiconductor revenue growth compounds into a fundamental re-rating that the current pullback has obscured. Shares are trading at $314.46 today, down 9.14% year-to-date and well below the $417.05 price Broadcom commanded when it last reported earnings in ... Broadcom (AVGO) Is Trading 25% Below Its Recent High: Here’s Why $454 Is the 12-Month Price Target
Quick Read Broadcom (AVGO) trades at $314.46 (down 9.14% YTD) with consensus target at $454. AI revenue guided to $8.2B in Q1 FY2026 (doubling YoY), Q4 free cash flow hit $7.47B, and 48 analysts rate buy with zero sells. Broadcom’s AI semiconductor revenue is accelerating with eleven consecutive quarters of growth, but shares have dropped 25% since December earnings, creating a valuation gap ahead...
Quick Read Broadcom (AVGO) trades at $314.46 (down 9.14% YTD) with consensus target at $454. AI revenue guided to $8.2B in Q1 FY2026 (doubling YoY), Q4 free cash flow hit $7.47B, and 48 analysts rate buy with zero sells. Broadcom’s AI semiconductor revenue is accelerating with eleven consecutive quarters of growth, but shares have dropped 25% since December earnings, creating a valuation gap ahead of tomorrow’s Q1 FY2026 report. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE. Broadcom (Nasdsaq:AVGO) is set to reach $454 by March 2027 — the analyst consensus price target, as AI semiconductor revenue growth compounds into a fundamental re-rating that the current pullback has obscured. Shares are trading at $314.46 today, down 9.14% year-to-date and well below the $417.05 price Broadcom commanded when it last reported earnings in December. That gap is the opportunity. Three data points make the case. 1. AI Revenue Is Accelerating, Not Plateauing Broadcom's AI semiconductor revenue has followed a straight line upward across every reported quarter: $4.1B in Q1 FY2025, $4.4B in Q2, $5.2B in Q3, and $6.2B guided for Q4. For Q1 FY2026, management guided AI semiconductor revenue to double year-over-year to $8.2 billion, driven by custom AI accelerators and Ethernet AI switches. JPMorgan analyst Harlan Sur projects AI revenue exceeds $9 billion in Q1 FY2026, reaching $10–11 billion in Q2. This is not a one-quarter spike — it is eleven consecutive quarters of AI semiconductor growth with acceleration intact. READ: The analyst who called NVIDIA in 2010 just named his top 10 AI stocks 2. Free Cash Flow Supports the Valuation Broadcom generated $7.47 billion in free cash flow in Q4 FY2025 alone, with FCF growing sequentially every quarter of fiscal 2025: $6.01B, $6.41B, $7.02B, and $7.47B. Adjusted EBITDA margins held at 68% of revenue. At the current price, this cash generation capacity is being priced as if growth is decelerating — it ...
Donald Trump has been opining about the UK again, saying on Tuesday that Keir Starmer was “not Winston Churchill” and repeating his complaint about the deal to hand sovereignty of the Chagos Islands to Mauritius. Here are some recent things the US president has said about British issues, and how they compare with reality. ‘I will say the UK has been very, very uncooperative with that stupid island...
Donald Trump has been opining about the UK again, saying on Tuesday that Keir Starmer was “not Winston Churchill” and repeating his complaint about the deal to hand sovereignty of the Chagos Islands to Mauritius. Here are some recent things the US president has said about British issues, and how they compare with reality. ‘I will say the UK has been very, very uncooperative with that stupid island that they have, that they gave away and took a 100-year lease; having to do with, perhaps, indigenous people claiming the island that never even saw the island before. What’s that all about?’ The US president has changed his mind over this so many times it has been hard to keep up. It was a good deal, then a bad one. Now it has caused some minor inconvenience to his plans for attacking Iran, he has lashed out – again. There is some slightly mangled truth to what he said: the Chagos Islands deal does give sovereignty to Mauritius in return for a lease on Diego Garcia, the island used for a major UK-US airbase, although this is 99 years rather than 100. The part about “Indigenous people” is more off piste. The Chagos islanders have been exiled since Diego Garcia was forcibly cleared more than 50 years ago to make way for the base. But the deal is the result of fears that failure to secure the future of Diego Garcia with Mauritius could leave the archipelago vulnerable to incursions by China or others. ‘They got windmills all over the place that are ruining the country, ruining the landscapes. Open up the North Sea.’ The comment, also from Tuesday, is the latest from Trump about windfarms, which he persists in calling windmills. Like Nigel Farage’s Reform UK, he argues that sustainable power sources such as wind blight the landscape and, unlike fossil fuels, are not efficient or reliable. The aesthetics of wind turbines are a subjective matter, but Starmer and his ministers would disagree about their use. The UK government is prioritising green power sources as a way to ensur...
People are worried about private credit liquidity The basic situation is that people work for about 40 years, during which they earn more money than they spend, and then they retire and don’t work for about 30 years, during which they spend more money than they earn. Actually *first* they are kids and don’t work for about 20 years, mostly on their parents’ dime, but that’s a separate issue. That’s...
People are worried about private credit liquidity The basic situation is that people work for about 40 years, during which they earn more money than they spend, and then they retire and don’t work for about 30 years, during which they spend more money than they earn. Actually *first* they are kids and don’t work for about 20 years, mostly on their parents’ dime, but that’s a separate issue. That’s a very broad statement, you could quibble with the numbers, and it is certainly not true of everyone: Some people retire early, some retire late, some die young, some live a long time, etc. Also, importantly, a lot of people *don’t* earn much more than they spend during their working years. But we’re discussing investment products that necessarily cater to middle-to-high-income people. But as a rough statistical average, most people get some decades of saving in the workforce and then some decades of spending in retirement. At that rough statistical level, you could model out how much the people need to save in the first 40 years to be able to afford their lifestyle in the next 30 years. The model is of the form “if you invest X% of your income during your working years, and your investments return Y% per. year, then in retirement you can draw down Z% of your investments each year to continue to live a similar lifestyle,” something like that. (Popular numbers include 15% for X , 7 or 8% for Y and 4% for Z , though this is not investing advice.) If you do this in your own life, and calibrate the model exactly right, and all of your assumptions work out, then you will maintain a consistent lifestyle for the whole 70-year period and run out of money on the day that you die. But almost nobody will actually achieve that, or probably even want to. Some people will save more or less, some people will get higher or lower investment returns, some people will live longer or shorter than expected, etc. Also, of course, lots of people won’t calibrate the model exactly right, or model ...
This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) has agreed to deploy another $4 billion into the artificial intelligence supply chain, committing $2 billion each to Lumentum Holdings Inc. (NASDAQ:LITE) and Coherent Corp. (NYSE:COHR) in multiyear arrangements that include purchase agreements and access rights for advanced laser components. The funding, according to the companies' sta...
This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) has agreed to deploy another $4 billion into the artificial intelligence supply chain, committing $2 billion each to Lumentum Holdings Inc. (NASDAQ:LITE) and Coherent Corp. (NYSE:COHR) in multiyear arrangements that include purchase agreements and access rights for advanced laser components. The funding, according to the companies' statements, will support research and development. The move fits into Nvidia's broader strategy of reinvesting its substantial profits to reinforce the infrastructure behind AI systems, following prior investments in data center operator CoreWeave Inc. and AI developer OpenAI, initiatives that have helped stimulate demand for its chips. At the center of these new agreements are indium phosphide lasers, a technology used to enable higher bandwidth connections and faster data transmission inside AI-driven data centers. Lumentum develops optical and photonic technologies, including high-performance lasers used in AI and cloud computing infrastructure, while Coherent focuses on advanced optics technologies essential for data centers and next-generation communications. The two companies are described as the primary US producers of this laser technology, and the structure of the deals could provide greater demand visibility while potentially lowering the risk associated with capacity expansion. The market reaction was immediate. Lumentum shares rose as much as 11% after trading opened in New York, while Coherent climbed as much as 11% to a record high. Bloomberg Intelligence analyst Jake Silverman noted that these lasers are difficult to manufacture and require significant expertise, adding that current supply is nowhere near sufficient to meet demand. Against that backdrop, Nvidia's capital commitment may help ease a key bottleneck in AI infrastructure, even as the broader investment cycle in advanced systems continues to build momentum.
At its core, Meta remains an exceptional cash generating business. The company operates at wide margins, produces enormous free cash flow, and continues to grow at a pace that is impressive given its scale. Despite that performance, the stock currently trades at roughly 22x forward earnings, which is below its 10-year median multiple of 24.5x and below the broader market average. Meta Platforms ha...
At its core, Meta remains an exceptional cash generating business. The company operates at wide margins, produces enormous free cash flow, and continues to grow at a pace that is impressive given its scale. Despite that performance, the stock currently trades at roughly 22x forward earnings, which is below its 10-year median multiple of 24.5x and below the broader market average. Meta Platforms has long been a lightning rod for extreme sentiment, often skewed to the downside. Whether concerns center on spending cycles, regulatory scrutiny, or political controversy, the stock routinely becomes a battleground. Yet through each cycle, the underlying business continues to demonstrate remarkable durability. The combination of moderated valuations, durable growth tailwinds both within and beyond AI, and subdued investor sentiment has created an unusually attractive setup in the Magnificent Seven, particularly in Amazon, Alphabet, and Meta Platforms. Concerns around AI overspending and elevated valuations drove much of the consolidation. However, while share prices stagnated, revenue and earnings growth continued and as a result, valuations have reset meaningfully. At the same time, the AI buildout has not slowed and if anything, capital commitments, infrastructure expansion and usage have accelerated. The most compelling opportunity I see at present lies in mega-cap technology, particularly Alphabet (GOOGL), Meta Platforms (META), and Amazon (AMZN) though the broader Magnificent Seven (MAGS) cohort appears increasingly attractive. The group has traded sideways to lower for more than six months as capital rotated toward international equities and cyclical sectors. In my view, that rotation is tactical rather than structural, and US equity leadership is likely to reassert itself. In recent months, I have consistently highlighted opportunities in energy and gold as geopolitical risks and structural supply dynamics supported those trends. Those themes remain intact, and I do ...
Markets are under pressure today as escalating tensions in the Middle East unsettle investors. Equities are selling off broadly, from the US to Europe to emerging markets, as risk appetite contracts and capital moves defensively. Yet periods of heightened uncertainty often create the most compelling entry points for disciplined investors. In recent months, I have consistently highlighted opportuni...
Markets are under pressure today as escalating tensions in the Middle East unsettle investors. Equities are selling off broadly, from the US to Europe to emerging markets, as risk appetite contracts and capital moves defensively. Yet periods of heightened uncertainty often create the most compelling entry points for disciplined investors. In recent months, I have consistently highlighted opportunities in energy and gold as geopolitical risks and structural supply dynamics supported those trends. Those themes remain intact, and I do not believe they are fully exhausted. That said, for investors sitting on meaningful gains, this type of volatility can present an opportunity to rebalance and redeploy capital into areas where sentiment has been overly depressed. The most compelling opportunity I see at present lies in mega-cap technology, particularly Alphabet (GOOGL), Meta Platforms (META), and Amazon (AMZN) though the broader Magnificent Seven (MAGS) cohort appears increasingly attractive. The group has traded sideways to lower for more than six months as capital rotated toward international equities and cyclical sectors. In my view, that rotation is tactical rather than structural, and US equity leadership is likely to reassert itself. Concerns around AI overspending and elevated valuations drove much of the consolidation. However, while share prices stagnated, revenue and earnings growth continued and as a result, valuations have reset meaningfully. At the same time, the AI buildout has not slowed and if anything, capital commitments, infrastructure expansion and usage have accelerated. The combination of moderated valuations, durable growth tailwinds both within and beyond AI, and subdued investor sentiment has created an unusually attractive setup in the Magnificent Seven, particularly in Amazon, Alphabet, and Meta Platforms. Image Source: Zacks Investment Research Meta Platforms: The Stock they Love to Hate Meta Platforms has long been a lightning rod for extreme...
At its core, Meta remains an exceptional cash generating business. The company operates at wide margins, produces enormous free cash flow, and continues to grow at a pace that is impressive given its scale. Despite that performance, the stock currently trades at roughly 22x forward earnings, which is below its 10-year median multiple of 24.5x and below the broader market average. Meta Platforms ha...
At its core, Meta remains an exceptional cash generating business. The company operates at wide margins, produces enormous free cash flow, and continues to grow at a pace that is impressive given its scale. Despite that performance, the stock currently trades at roughly 22x forward earnings, which is below its 10-year median multiple of 24.5x and below the broader market average. Meta Platforms has long been a lightning rod for extreme sentiment, often skewed to the downside. Whether concerns center on spending cycles, regulatory scrutiny, or political controversy, the stock routinely becomes a battleground. Yet through each cycle, the underlying business continues to demonstrate remarkable durability. The combination of moderated valuations, durable growth tailwinds both within and beyond AI, and subdued investor sentiment has created an unusually attractive setup in the Magnificent Seven, particularly in Amazon, Alphabet, and Meta Platforms. Concerns around AI overspending and elevated valuations drove much of the consolidation. However, while share prices stagnated, revenue and earnings growth continued and as a result, valuations have reset meaningfully. At the same time, the AI buildout has not slowed and if anything, capital commitments, infrastructure expansion and usage have accelerated. The most compelling opportunity I see at present lies in mega-cap technology, particularly Alphabet (GOOGL), Meta Platforms (META), and Amazon (AMZN) though the broader Magnificent Seven (MAGS) cohort appears increasingly attractive. The group has traded sideways to lower for more than six months as capital rotated toward international equities and cyclical sectors. In my view, that rotation is tactical rather than structural, and US equity leadership is likely to reassert itself. In recent months, I have consistently highlighted opportunities in energy and gold as geopolitical risks and structural supply dynamics supported those trends. Those themes remain intact, and I do ...
This article first appeared on GuruFocus. Apple (AAPL, Financials) may broaden its recent artificial intelligence partnership with Google to include cloud services, according to a report. Apple revealed last month that it will leverage Google's AI algorithms to make the next version of Siri, its voice assistant. The source stated that Apple is also looking into using Google's cloud infrastructure ...
This article first appeared on GuruFocus. Apple (AAPL, Financials) may broaden its recent artificial intelligence partnership with Google to include cloud services, according to a report. Apple revealed last month that it will leverage Google's AI algorithms to make the next version of Siri, its voice assistant. The source stated that Apple is also looking into using Google's cloud infrastructure as part of the deal, which may bring the two tech firms even closer together. The change would be a change in Apple's AI approach as it tries to make Siri better at what it does while competition in generative AI heats up. Apple could speed up improvements utilizing Google's models instead of having to create all of its own systems. As competition for AI-related workloads heats up, any move into cloud services might affect other big players like Amazon Web Services and Microsoft Azure. Investors will probably look for further information on the deal and its breadth at Apple's next product or developer updates.
What happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Nut Tree Capital Management, LP, sold its entire stake of 2,000,000 shares in Caesars Entertainment (CZR +2.84%) during the fourth quarter. The estimated transaction value was $54.05 million, based on the average price of Caesars Entertainment shares over the quarter. As a result, the fund’s quart...
What happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Nut Tree Capital Management, LP, sold its entire stake of 2,000,000 shares in Caesars Entertainment (CZR +2.84%) during the fourth quarter. The estimated transaction value was $54.05 million, based on the average price of Caesars Entertainment shares over the quarter. As a result, the fund’s quarter-end position value in the company decreased by $54.05 million. What else to know Nut Tree fully liquidated its Caesars Entertainment stake, which now represents 0% of its 13F reportable AUM. Top holdings after the filing: NYSE: AERO: $130.65 million (25% of AUM) NASDAQ: AVAH: $101.08 million (19% of AUM) NASDAQ: SATS: $81.53 million (15% of AUM) NYSE: BRSP: $61.57 million (12% of AUM) NYSE: CSTM: $60.79 million (12% of AUM) As of February 17, 2026, shares were priced at $18.95, down 52.1% over the past year, underperforming the S&P 500 by 64.25 percentage points. The fund held nine reportable positions after the filing, with total 13F AUM at $530.52 million. The Caesars Entertainment position was previously 12.5% of the fund’s AUM as of the prior quarter. Company overview Metric Value Revenue (TTM) $11.49 billion Net income (TTM) ($502.00 million) Price (as of market close February 17, 2026) $18.95 One-year price change (52.06%) Note: 1-year performance calculated using Feb. 17, 2026 as the reference date. Company snapshot Caesars Entertainment offers casino gaming, hotel accommodations, dining, entertainment venues, and online sports betting and iGaming services as core products and revenue sources. It generates revenue primarily through gaming operations, hospitality services, and ancillary retail and management services across owned, leased, and managed properties. The company targets leisure travelers, gaming enthusiasts, and sports bettors in the United States, operating a broad portfolio of properties in multiple states. Caesars Entertainment is a leading U.S. gami...
Artificial intelligence disruption worries have put a dent into CrowdStrike shares, but Josh Brown, CEO of Ritholtz Wealth Management, remains bullish on the stock. CrowdStrike tanked nearly 16% in February. The company suffered alongside a cohort of cybersecurity stocks after Anthropic unveiled a security tool for its Claude model, sparking concerns that AI could upend the sector's business model...
Artificial intelligence disruption worries have put a dent into CrowdStrike shares, but Josh Brown, CEO of Ritholtz Wealth Management, remains bullish on the stock. CrowdStrike tanked nearly 16% in February. The company suffered alongside a cohort of cybersecurity stocks after Anthropic unveiled a security tool for its Claude model, sparking concerns that AI could upend the sector's business model. "[I] think this idea that Anthropic launched a bug detector, therefore Fortune 500 companies and businesses and governments around the world are going to rip out their cybersecurity is the dumbest thing I've ever heard. And I've been on Wall Street 28 years," Brown said on CNBC's " Halftime Report " Tuesday afternoon. He added that he's bullish on CrowdStrike CEO George Kurtz as well as its AI-powered Falcon cybersecurity platform. Shares of CrowdStrike traded at around $393 on Tuesday afternoon, up nearly 2% ahead of quarterly earnings due after the bell. "I think this thing under $400 is a screamer," Brown said. CRWD YTD mountain CRWD YTD chart During the same segment Malcolm Ethridge, managing partner at Capital Area Planning Group, also said that he would buy the name if shares dip after CrowdStrike's earnings report. "I think there's still an opportunity here, especially if CrowdStrike follows the mold of the rest of companies that have reported earnings and immediately sold off after," he said. Ethridge added that the shift toward agentic artificial intelligence could provide a tailwind for the cybersecurity sector: As more responsibility is offloaded to AI, cybersecurity companies will need to provide more oversight. "That says to me that the category leader in cybersecurity right now, at least cloud-based cybersecurity, is going to be one of the biggest beneficiaries of the increased spending that has to come to this category," he said. "That's a place I want to be long for a while."
Municipal bonds deepened their selloff on Tuesday, with benchmark yields rising as much as eight basis points, as geopolitical unrest in the Middle East and surging oil prices roil US Treasuries for a second day. Ten-year muni yields rose seven basis points to 2.59% as of 2 p.m. in New York, heading for the biggest gain since July, according to data compiled by Bloomberg. Climbing oil prices spurr...
Municipal bonds deepened their selloff on Tuesday, with benchmark yields rising as much as eight basis points, as geopolitical unrest in the Middle East and surging oil prices roil US Treasuries for a second day. Ten-year muni yields rose seven basis points to 2.59% as of 2 p.m. in New York, heading for the biggest gain since July, according to data compiled by Bloomberg. Climbing oil prices spurred traders to curb bets on more than one Federal Reserve interest-rate cut this year, causing a selloff in Treasuries. “The bond market is clearly more focused on the inflation implications of the current situation in the Middle East,” said Kevin McGuigan , senior municipal market analyst at Municipal Market Analytics. “That said, even if the economy does slow, we believe municipals are well prepared for a recession because state and local reserves are solid and budget balances are generally strong.” Read More: Stocks and Bonds Sink as Oil Surge Rattles Traders: Markets Wrap The turmoil raised concerns about demand for deals if the pressure continues. “Buyers will want to see stabilization” in the Treasury market, said Lyle Fitterer , co-lead of Baird’s municipal sector, “before committing to purchase” new issues in muniland unless the deal’s pricing reflects Treasury weakness. Monday’s rout in the state and local debt market occurred in sympathy with US Treasuries, according to JPMorgan Chase & Co. strategists. “We expect that the municipal market will look to establish clearing levels this week along with more certainty in Treasury market rates, amidst capital market volatility,” they said in a note on Tuesday. “Once base rates are established, municipal investors should be well funded given a backdrop of March 1st reinvestment” and early month inflows, they added.
As the beating heart of the artificial intelligence (AI) boom, Nvidia is a kingmaker in the industry. When it takes a stake in a company, the market pays attention -- so too when it exits a position. And that's exactly what Nvidia has done with AI data center developer Applied Digital (APLD 6.23%). After acquiring a significant stake in the company, Nvidia just sold all of its 7.7 million shares. ...
As the beating heart of the artificial intelligence (AI) boom, Nvidia is a kingmaker in the industry. When it takes a stake in a company, the market pays attention -- so too when it exits a position. And that's exactly what Nvidia has done with AI data center developer Applied Digital (APLD 6.23%). After acquiring a significant stake in the company, Nvidia just sold all of its 7.7 million shares. So what does that mean for investors? If the most powerful company in AI just sold its stake, should you sell, too? Expand NASDAQ : APLD Applied Digital Today's Change ( -6.23 %) $ -1.74 Current Price $ 26.19 Key Data Points Market Cap $7.8B Day's Range $ 25.29 - $ 26.86 52wk Range $ 3.31 - $ 42.27 Volume 282K Avg Vol 30M Gross Margin 16.40 % Nvidia may be concerned about financials Applied Digital's growth story is real, and the opportunity is enormous, but the company is walking a financial tightrope to chase it. The company's debt has exploded from $44 million in Q1 of fiscal 2024 to $2.6 billion by November 2025, a staggering increase in a little over a year. And this isn't a profitable company absorbing leverage from a position of strength. Applied Digital is operating in the red, losing $125 million over the last 12 months. That alone would be enough to raise yellow flags, but the risk looks even worse when you consider where the revenue is supposed to come from. Applied Digital has a revenue concentration problem Applied Digital's future hinges on roughly $16 billion in contracted lease revenue, spread over 15 years. Just two companies account for the entire pipeline, with one, CoreWeave, responsible for the lion's share -- $11 billion. And CoreWeave itself is heavily leveraged, taking on massive debt while operating at a loss. If CoreWeave were to fold, Applied Digital's leases would not be at the top of the capital stack. Bondholders, employees, and other creditors would get paid first. What would be left for Applied Digital could be minimal. On top of that, CoreWe...
Key Points Nvidia just sold its entire 7.7-million-share stake in Applied Digital -- a notable move. Applied Digital's debt has exploded from $44 million to $2.6 billion in just over a year. All of Applied Digital's $16 billion in contracted revenue depends on just two customers. 10 stocks we like better than Applied Digital › As the beating heart of the artificial intelligence (AI) boom, Nvidia i...
Key Points Nvidia just sold its entire 7.7-million-share stake in Applied Digital -- a notable move. Applied Digital's debt has exploded from $44 million to $2.6 billion in just over a year. All of Applied Digital's $16 billion in contracted revenue depends on just two customers. 10 stocks we like better than Applied Digital › As the beating heart of the artificial intelligence (AI) boom, Nvidia is a kingmaker in the industry. When it takes a stake in a company, the market pays attention -- so too when it exits a position. And that's exactly what Nvidia has done with AI data center developer Applied Digital (NASDAQ: APLD). After acquiring a significant stake in the company, Nvidia just sold all of its 7.7 million shares. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » So what does that mean for investors? If the most powerful company in AI just sold its stake, should you sell, too? Nvidia may be concerned about financials Applied Digital's growth story is real, and the opportunity is enormous, but the company is walking a financial tightrope to chase it. The company's debt has exploded from $44 million in Q1 of fiscal 2024 to $2.6 billion by November 2025, a staggering increase in a little over a year. And this isn't a profitable company absorbing leverage from a position of strength. Applied Digital is operating in the red, losing $125 million over the last 12 months. That alone would be enough to raise yellow flags, but the risk looks even worse when you consider where the revenue is supposed to come from. Applied Digital has a revenue concentration problem Applied Digital's future hinges on roughly $16 billion in contracted lease revenue, spread over 15 years. Just two companies account for the entire pipeline, with one, CoreWeave, responsible for the lion's share -- $11 billion. And CoreWeave ...
Josh Kushner’s Thrive Capital and venture firm Andreessen Horowitz are coleading a $4 billion fundraising round for defense contractor Anduril Industries that could wind up valuing the startup at about $60 billion. Ed Ludlow broke the story and has more. (Source: Bloomberg)
Josh Kushner’s Thrive Capital and venture firm Andreessen Horowitz are coleading a $4 billion fundraising round for defense contractor Anduril Industries that could wind up valuing the startup at about $60 billion. Ed Ludlow broke the story and has more. (Source: Bloomberg)
With the stock market continuing to be buoyed by the advancement of artificial intelligence (AI), tech companies these days aren't short of ambitions. They could soon, however, be short of grid electricity. Just consider this: More than 35 gigawatts (GW) of data center capacity are currently under construction in North America, according to JLL. Can you guess what else draws approximately 35 GW of...
With the stock market continuing to be buoyed by the advancement of artificial intelligence (AI), tech companies these days aren't short of ambitions. They could soon, however, be short of grid electricity. Just consider this: More than 35 gigawatts (GW) of data center capacity are currently under construction in North America, according to JLL. Can you guess what else draws approximately 35 GW of electricity per year? An entire industrialized nation like Italy or the U.K. The surging demand for electricity from data centers is so consequential to the U.S. grid that President Donald Trump addressed it in the State of the Union. To paraphrase: Major tech companies are obligated to build their own power plants -- or electricity prices will soar and communities will fight back. Building a power plant next to a data center is, of course, no small feat. That is, unless the power plant is made of small boxes that can generate clean power without any connection to the grid. Enter Bloom Energy (BE 6.54%). Expand NYSE : BE Bloom Energy Today's Change ( -6.54 %) $ -10.87 Current Price $ 155.13 Key Data Points Market Cap $47B Day's Range $ 147.68 - $ 158.30 52wk Range $ 15.15 - $ 180.90 Volume 350K Avg Vol 12M Gross Margin 30.89 % Thinking outside the grid, but inside the box Bloom Energy may be one of the most important energy companies on the market. In a nutshell, it makes solid oxide fuel cell systems ("Bloom Energy Servers") for on-site power generation. These boxlike servers convert fuel (like natural gas) into electricity through an electrochemical process without combustion. It's a pretty neat concept. But it gets more interesting. Bloom's servers are modular and scalable: Customers can add more boxes as their electricity needs change. The company is also exploring other fuel options like hydrogen and biogas to make the energy generation carbon-free. Here's what a Bloom system looks like in the wild: 2025 was a record year for Bloom, with four consecutive quarters of r...
This article first appeared on GuruFocus. Reflection AI, a startup backed by Nvidia (NASDAQ:NVDA), is reportedly in talks to raise new funding that could value the company at more than $20 billion, a sharp jump from where it stood just months ago. According to reports, the New York based firm is aiming to raise at least $2 billion in fresh capital. That would more than double the $8 billion valuat...
This article first appeared on GuruFocus. Reflection AI, a startup backed by Nvidia (NASDAQ:NVDA), is reportedly in talks to raise new funding that could value the company at more than $20 billion, a sharp jump from where it stood just months ago. According to reports, the New York based firm is aiming to raise at least $2 billion in fresh capital. That would more than double the $8 billion valuation it secured in October after raising $2 billion, and mark another leap from the $545 million valuation it carried a year before that. The speed of that climb shows how aggressively investors are backing open AI development. Founded by former Google DeepMind researchers, Reflection builds open models that developers can freely download and modify. The company has also been hiring talent with experience on systems like OpenAI's GPT 5 and Google's Gemini, signaling its ambition to compete at the highest level.
In trading on Friday, shares of Core Scientific Inc (Symbol: CORZ) crossed below their 200 day moving average of $11.89, changing hands as low as $11.80 per share. Core Scientific Inc shares are currently trading down about 0.4% on the day. The chart below shows the one year performance of CORZ shares, versus its 200 day moving average: Looking at the chart above, CORZ's low point in its 52 week r...
In trading on Friday, shares of Core Scientific Inc (Symbol: CORZ) crossed below their 200 day moving average of $11.89, changing hands as low as $11.80 per share. Core Scientific Inc shares are currently trading down about 0.4% on the day. The chart below shows the one year performance of CORZ shares, versus its 200 day moving average: Looking at the chart above, CORZ's low point in its 52 week range is $6.20 per share, with $18.6288 as the 52 week high point — that compares with a last trade of $12.05. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Tuesday, shares of PG&E Corp's 5% Redeemable 1st Preferred Series A (Symbol: PCG.PRE) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.25), with shares changing hands as low as $18.85 on the day. This compares to an average yield of 6.52% in the "Utilities" preferred stock category, according to Preferred Stock Channel . As of last close, PCG.PRE wa...
In trading on Tuesday, shares of PG&E Corp's 5% Redeemable 1st Preferred Series A (Symbol: PCG.PRE) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.25), with shares changing hands as low as $18.85 on the day. This compares to an average yield of 6.52% in the "Utilities" preferred stock category, according to Preferred Stock Channel . As of last close, PCG.PRE was trading at a 24.89% discount to its liquidation preference amount, versus the average discount of 16.70% in the "Utilities" category. The chart below shows the one year performance of PCG.PRE shares, versus PCG: Below is a dividend history chart for PCG.PRE, showing historical dividend payments on PG&E Corp's 5% Redeemable 1st Preferred Series A: In Tuesday trading, PG&E Corp's 5% Redeemable 1st Preferred Series A (Symbol: PCG.PRE) is currently up about 1.3% on the day, while the common shares (Symbol: PCG) are off about 1%. Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.