San Fran's Tenderloin District Stores Double As "Secret Casinos" And "Sleazy Drug Dens" San Francisco officials say they have shut down or taken legal action against nine convenience stores in the Tenderloin after uncovering illegal gambling rooms, drug operations, and fencing schemes, according to the NY Post. City Attorney David Chiu said the shops had become centers of “drug-driven lawlessness”...
San Fran's Tenderloin District Stores Double As "Secret Casinos" And "Sleazy Drug Dens" San Francisco officials say they have shut down or taken legal action against nine convenience stores in the Tenderloin after uncovering illegal gambling rooms, drug operations, and fencing schemes, according to the NY Post. City Attorney David Chiu said the shops had become centers of “drug-driven lawlessness” and helped sell stolen goods to shady customers. “These convenience stores were magnets for drug activity, and, in some cases, the stores were selling illegal drugs themselves,” Chiu said, adding that his office has targeted the businesses over the past 18 months. In one case, police searching a smoke shop found five gambling machines, more than $17,000 in cash, gun magazines, and cannabis products. The Post writes that another raid in 2025 revealed nearly 51 grams of meth hidden under a shelf, hundreds of glass pipes, electronic gambling machines, thousands of dollars in cash, and stolen merchandise. Officials say such discoveries highlight how some neighborhood shops had turned into underground casinos and drug hubs. The crackdown is linked to a nighttime safety ordinance passed in July 2024. The pilot program restricts certain stores in high-crime areas from operating between midnight and 5 a.m. Businesses that break the rule can be fined up to $1,000 or face lawsuits. City leaders now want to extend the program and expand it to other troubled neighborhoods. Supervisor Matt Dorsey said the policy gives residents a “cooling-off period” that discourages illegal behavior. Police Chief Derrick Lew also welcomed the effort, saying officers will remain “relentless” in targeting illegal drug markets. Several other stores were forced out after landlords were alerted to unlawful activity, according to the city attorney’s office. Officials argue that closing these problem locations is a key step toward improving safety in one of San Francisco’s most troubled districts. Tyler Durd...
Saudi Arabia plans to release an updated strategy for Crown Prince Mohammed bin Salman ’s $2 trillion economic diversification agenda as the kingdom adjusts its policies and spending priorities amid fiscal pressures. The government this week began discussing how to communicate its strategy for the next five years, Finance Minister Mohammed Al-Jadaan said in an interview with Bloomberg Television a...
Saudi Arabia plans to release an updated strategy for Crown Prince Mohammed bin Salman ’s $2 trillion economic diversification agenda as the kingdom adjusts its policies and spending priorities amid fiscal pressures. The government this week began discussing how to communicate its strategy for the next five years, Finance Minister Mohammed Al-Jadaan said in an interview with Bloomberg Television at the AlUla Conference for Emerging Market Economies in Saudi Arabia. He listed tourism, manufacturing, logistics and technology as focal areas but stopped short of offering more details or saying when the strategy would be released. The International Monetary Fund is among those that have called for more clarity and communication from the Saudi government, which is redrawing its plans for major projects including new stadiums for the FIFA World Cup in 2034. Read More: Saudi Arabia’s Pullback Spreads, From Neom to World Cup Stadiums Saudi Arabia has been working to fine-tune its strategy for the so-called Vision 2030 agenda to diversify the economy away from oil as it seeks to shrink its budget deficit . It has specifically sharpened its focus on spending more efficiently after years of excess, a move that would help combat periods of volatility in oil prices and revenues. Drawing more private capital and foreign investment have also become bigger priorities. “We continue really to reprioritize, rework our policies, making sure that we enhance as we go to ensure that we enable the private sector to lead the economy,” Al-Jadaan said on the sidelines of the event, co-hosted by the IMF and Saudi Arabia’s Ministry of Finance. Saudi Arabia has been running budget deficits since 2022 as spending on economic diversification initiatives outpace revenues that have been dented by anemic oil prices. Officials have said sustained shortfalls are a deliberate choice being made to continue to support investment in the economy. They see the deficit shrinking to 3.3% this year from 5.3% in ...
TLDR Amazon’s stock dropped 11% after hours following Q4 earnings miss and announcement of $200 billion capital expenditure plan for 2026 The $200 billion capex forecast far exceeds analyst estimates of $146.6 billion and is significantly higher than Amazon’s $131 billion spending in 2025 Amazon Web Services revenue grew 24% to $35.6 billion in Q4, marking the fastest growth in 13 quarters CEO And...
TLDR Amazon’s stock dropped 11% after hours following Q4 earnings miss and announcement of $200 billion capital expenditure plan for 2026 The $200 billion capex forecast far exceeds analyst estimates of $146.6 billion and is significantly higher than Amazon’s $131 billion spending in 2025 Amazon Web Services revenue grew 24% to $35.6 billion in Q4, marking the fastest growth in 13 quarters CEO Andy Jassy defended the spending, citing “very high demand” for AI compute and expressed confidence in strong returns on invested capital Tech sector selloff continues as investors grow concerned about massive AI infrastructure spending across Big Tech companies 💥 Find the Next KnockoutStock! Get live prices, charts, and KO Scores from KnockoutStocks.com , the data-driven platform ranking every stock by quality and breakout potential. Amazon stock took a beating in after-hours trading Thursday. Shares plunged more than 11% following the company’s fourth-quarter earnings report. Amazon.com, Inc., AMZN The earnings miss wasn’t the only problem. Amazon’s eye-popping capital expenditure forecast sent shockwaves through Wall Street. The company plans to spend $200 billion in 2026. That’s $53 billion more than analysts expected and $69 billion above what Amazon spent in 2025. This capex number towers over Alphabet’s already hefty $175 billion to $185 billion range. It’s also well ahead of Meta’s projected $115 billion to $135 billion spending plan. The market’s message came through loud and clear. Investors are getting nervous about how much Big Tech is pouring into artificial intelligence infrastructure. CEO Defends Massive Spending Push CEO Andy Jassy faced tough questions from Wall Street analysts on the earnings call. They wanted to know when this spending would start paying off. Jassy stood firm on his position. He said he was “confident” Amazon Web Services would see a “strong return on invested capital.” “This isn’t some sort of quixotic, top-line grab,” Jassy told investors....
The AI revolution would look much different without this company. With the rise of artificial intelligence (AI), there are a lot of great tech stocks in the market today. Tech stocks are my favorite segment because these companies are bringing about monumental changes in how we live and work every day. Today, many of those changes are coming from AI, as we are finding new ways to be more efficient...
The AI revolution would look much different without this company. With the rise of artificial intelligence (AI), there are a lot of great tech stocks in the market today. Tech stocks are my favorite segment because these companies are bringing about monumental changes in how we live and work every day. Today, many of those changes are coming from AI, as we are finding new ways to be more efficient. AI is growing as a tool for automating workflows, managing supply chains, providing customer service, predicting future events, and detecting fraud. Fortune Business Insights projects the AI market to grow from $375.9 billion this year to $2.48 trillion by 2034, for a compound annual growth rate of 26.6%. There are many ways to invest, but if you have just $1,000, you could do much worse than Taiwan Semiconductor Manufacturing Co. (TSM +5.48%). I think TSMC, as it's better known, is the closest thing you'll get to a surefire winner in the long term. What does Taiwan Semiconductor do? TSMC is an important company in the production of semiconductor chips, which power personal computers, tablets, smartphones, and other devices. When we're talking about AI, these chips are bundled by the thousands and used in data centers to power complex AI programs. Nvidia's graphics processing units are the most well known, but there are plenty of other companies that design chips, including Broadcom and Advanced Micro Devices. But while those companies are designing the chips, they can't make them without a foundry. And TSMC is the biggest foundry in the world. TSMC says it produced more than 11,800 products across 288 separate processes in 2024, giving it unparalleled reach in the industry. Expand NYSE : TSM Taiwan Semiconductor Manufacturing Today's Change ( 5.48 %) $ 18.12 Current Price $ 348.85 Key Data Points Market Cap $1.8T Day's Range $ 336.65 - $ 349.72 52wk Range $ 134.25 - $ 351.33 Volume 17M Avg Vol 13M Gross Margin 59.02 % Dividend Yield 0.88 % Why TSMC is a smart play TSMC's...
Key Points Taiwan Semiconductor Manufacturing Company (TSMC) is the world's largest chip foundry. Fourth-quarter earnings show the company is continuing to grow rapidly. 10 stocks we like better than Taiwan Semiconductor Manufacturing › With the rise of artificial intelligence (AI), there are a lot of great tech stocks in the market today. Tech stocks are my favorite segment because these companie...
Key Points Taiwan Semiconductor Manufacturing Company (TSMC) is the world's largest chip foundry. Fourth-quarter earnings show the company is continuing to grow rapidly. 10 stocks we like better than Taiwan Semiconductor Manufacturing › With the rise of artificial intelligence (AI), there are a lot of great tech stocks in the market today. Tech stocks are my favorite segment because these companies are bringing about monumental changes in how we live and work every day. Today, many of those changes are coming from AI, as we are finding new ways to be more efficient. AI is growing as a tool for automating workflows, managing supply chains, providing customer service, predicting future events, and detecting fraud. Fortune Business Insights projects the AI market to grow from $375.9 billion this year to $2.48 trillion by 2034, for a compound annual growth rate of 26.6%. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » There are many ways to invest, but if you have just $1,000, you could do much worse than Taiwan Semiconductor Manufacturing Co. (NYSE: TSM). I think TSMC, as it's better known, is the closest thing you'll get to a surefire winner in the long term. What does Taiwan Semiconductor do? TSMC is an important company in the production of semiconductor chips, which power personal computers, tablets, smartphones, and other devices. When we're talking about AI, these chips are bundled by the thousands and used in data centers to power complex AI programs. Nvidia's graphics processing units are the most well known, but there are plenty of other companies that design chips, including Broadcom and Advanced Micro Devices. But while those companies are designing the chips, they can't make them without a foundry. And TSMC is the biggest foundry in the world. TSMC says it produced more than 11,800 products across 288 separate processes in 2024, giving i...
Key Points Both ETFs charge an identical low expense ratio, but BND has a significantly higher number of holdings. VGIT holds bonds that can mature in three to ten years, while some of BND's holdings mature in as little as one year. 10 stocks we like better than Vanguard Total Bond Market ETF › Both the Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) and Vanguard Total Bond Market ETF (NASDA...
Key Points Both ETFs charge an identical low expense ratio, but BND has a significantly higher number of holdings. VGIT holds bonds that can mature in three to ten years, while some of BND's holdings mature in as little as one year. 10 stocks we like better than Vanguard Total Bond Market ETF › Both the Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) and Vanguard Total Bond Market ETF (NASDAQ:BND) are popular bond ETFs from Vanguard that aim to provide steady income, but their approaches differ when it comes to the grade of bonds. This comparison examines their costs, yields, performance, risk, and portfolio makeup to help investors decide which might fit their needs. Snapshot (cost & size) Metric VGIT BND Issuer Vanguard Vanguard Expense ratio 0.03% 0.03% 1-yr return (as of Feb. 8, 2026) 2.53% 2.19% Dividend yield 3.79% 3.86% AUM $39.17 billion $389.22 billion Beta measures price volatility relative to the S&P 500; beta is calculated from five-year weekly returns. The 1-yr return represents total return over the trailing 12 months. Both funds are equally affordable with a 0.03% expense ratio. However, BND’s yield edges out VGIT’s, while VGIT currently has a slightly higher one-year return. Performance & risk comparison Metric VGIT BND Max drawdown (5 y) -15.04% -17.93% Growth of $1,000 over 5 years $867 $850 What's inside For nearly 20 years, BND has tracked the broad U.S. investment-grade bond market, holding a large basket of 15,000 securities. It is designed for investors seeking balanced exposure across Treasuries, mortgage-backed securities, and investment-grade corporates. By contrast, VGIT invests primarily in intermediate-term U.S. Treasury securities, with 104 holdings and a strong government bond presence. All of its bond holdings are AAA-rated, the highest rating a U.S. bond can receive. For more guidance on ETF investing, check out the full guide at this link. What this means for investors With similar performance throughout the years, deciding be...
There's no denying that the technology being developed is the future. The question is, can this company actually adequately capitalize on this evolution? Recent marketwide weakness notwithstanding, electric vehicles (EVs) remain a solid growth opportunity for investors. Worldwide sales of EVs grew 20% last year, in fact, according to Benchmark Mineral Intelligence. The next EV frontier investors n...
There's no denying that the technology being developed is the future. The question is, can this company actually adequately capitalize on this evolution? Recent marketwide weakness notwithstanding, electric vehicles (EVs) remain a solid growth opportunity for investors. Worldwide sales of EVs grew 20% last year, in fact, according to Benchmark Mineral Intelligence. The next EV frontier investors need to know about? The lithium-based batteries that power them. They can be improved, mostly by becoming more durable with a greater driving range. Enter QuantumScape (QS +9.15%). Since 2010, it's been working on so-called solid-state lithium batteries that will do both. And, after the usual post-IPO rise and fall, its stock started to soar in the latter half of last year after the company announced a crucial battery production process had been perfected. Although it's still only shipping prototypes to its developmental partner PowerCo -- a subsidiary of Volkswagen -- it was a sign that the company would probably be able to begin large-scale commercial production sometime in 2027. It almost seemed as if it would be the first to enter the solid-state lithium EV battery business, in fact. Straits Research expects this sector to grow at an annualized pace of 36.4% between now and 2033. Is QuantumScape getting leapfrogged? Much has changed since then, however. Namely, a shocking number of rivals have unveiled their own solid-state lithium EV battery development efforts, suggesting time frames for commercialization that are at least as short as QuantumScape's. Expand NASDAQ : QS QuantumScape Today's Change ( 9.15 %) $ 0.71 Current Price $ 8.47 Key Data Points Market Cap $5.1B Day's Range $ 8.01 - $ 8.49 52wk Range $ 3.40 - $ 19.07 Volume 18M Avg Vol 18M Take China's BYD (BYDDY +4.87%) as an example. Without nearly as much fanfare as QuantumScape's mid-2025 announcement that it was able to begin utilizing its newly developed production process, around that same time, BYD began te...
U.K. Prime Minister Keir Starmer leaves Downing Street on February 02, 2026 in London, United Kingdom. Alishia Abodunde | Getty Images News | Getty Images British Prime Minister Keir Starmer's chief of staff resigned Sunday over the furor surrounding the appointment of Peter Mandelson as the U.K. ambassador to the U.S. despite his ties to Jeffrey Epstein. Morgan McSweeney said he took responsibili...
U.K. Prime Minister Keir Starmer leaves Downing Street on February 02, 2026 in London, United Kingdom. Alishia Abodunde | Getty Images News | Getty Images British Prime Minister Keir Starmer's chief of staff resigned Sunday over the furor surrounding the appointment of Peter Mandelson as the U.K. ambassador to the U.S. despite his ties to Jeffrey Epstein. Morgan McSweeney said he took responsibility for advising Starmer to appoint Mandelson, 72, to Britain's most important diplomatic post in 2024. "The decision to appoint Peter Mandelson was wrong. He has damaged our party, our country and trust in politics itself," McSweeney said in a statement. "When asked, I advised the Prime Minister to make that appointment and I take full responsibility for that advice." Starmer is facing a political storm and questions about his judgment after newly published documents, part of a huge trove of Epstein files made public in the United States, suggested that Mandelson sent market-sensitive information to the convicted sex offender when he was the U.K. government's business secretary during the 2008 financial crisis. Starmer's government has promised to release its own emails and other documentation related to Mandelson's appointment, which it says will show that Mandelson misled officials. Mandelson, a former Cabinet minister, ambassador and elder statesman of the governing Labour Party, has not been arrested or charged. Metropolitan Police officers searched Mandelson's London home and another property linked to him on Friday. Police said the investigation is complex and will require "a significant amount of further evidence gathering and analysis." Starmer had fired Mandelson in September from his ambassadorial job over earlier revelations about his Epstein ties. But critics say the emails recently published by the U.S. Justice Department have brought serious concerns about Starmer's judgment to the fore. They argue that he should have known better than to appoint Mandelson in ...
You always get what you pay for, so don't be afraid to pay up for a little more quality. In light of the recent meltdown of most of the market's top technology names, are boring ol' dividend stocks suddenly much more attractive? For plenty of investors this now seems to be the case. And if you're going to start your search for greener pastures anywhere in particular, the blue chip names of the Dow...
You always get what you pay for, so don't be afraid to pay up for a little more quality. In light of the recent meltdown of most of the market's top technology names, are boring ol' dividend stocks suddenly much more attractive? For plenty of investors this now seems to be the case. And if you're going to start your search for greener pastures anywhere in particular, the blue chip names of the Dow Jones Industrial Average may be a great place to begin -- and even end -- the effort. With that as the backdrop, here's a closer look at three of the Dow's top dividend-paying prospects for 2026. 1. Verizon If you're looking for just above-average price appreciation, forget it -- Verizon Communications (VZ 1.71%) can't offer it. The United States' mobile phone market is highly saturated, and highly competitive. Last quarter's year-over-year revenue growth of about 2% is about as good as it gets. Merely matching inflation here would be a reasonable expectation of this stock. This ticker's dividend, however, makes these slow-moving capital gains worth it. Newcomers will be plugging into this name while its forward-looking yield stands at 6.1%, which would be difficult to match with any other name that brings a comparable risk to the table. Expand NYSE : VZ Verizon Communications Today's Change ( -1.71 %) $ -0.81 Current Price $ 46.30 Key Data Points Market Cap $195B Day's Range $ 46.06 - $ 47.25 52wk Range $ 38.39 - $ 47.58 Volume 1.2M Avg Vol 30M Gross Margin 45.64 % Dividend Yield 5.91 % The business itself is, of course, well-suited for supporting recurring dividend payments. Consumers may postpone the purchase of a new car or skip a vacation. But they're not about to give up the device in their pocket or purse that keeps them connected to the rest of the world. 2. Merck It would be naïve to pretend pharmaceutical giant Merck (MRK +1.80%) didn't become a little too dependent on its cancer-fighting Keytruda (which now accounts for roughly half of its sales) knowing it was ...
Key Points A saturated wireless market may limit Verizon’s net growth potential, but the telecom business is perfect for recurring dividend payments. Merck’s been positioning for renewed revenue growth -- for investors that can look a decade down the road. Beverage company Coca-Cola remains a cash-generating juggernaut for the exact reason you’d expect. 10 stocks we like better than Verizon Commun...
Key Points A saturated wireless market may limit Verizon’s net growth potential, but the telecom business is perfect for recurring dividend payments. Merck’s been positioning for renewed revenue growth -- for investors that can look a decade down the road. Beverage company Coca-Cola remains a cash-generating juggernaut for the exact reason you’d expect. 10 stocks we like better than Verizon Communications › In light of the recent meltdown of most of the market's top technology names, are boring ol' dividend stocks suddenly much more attractive? For plenty of investors this now seems to be the case. And if you're going to start your search for greener pastures anywhere in particular, the blue chip names of the Dow Jones Industrial Average may be a great place to begin -- and even end -- the effort. 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 » With that as the backdrop, here's a closer look at three of the Dow's top dividend-paying prospects for 2026. 1. Verizon If you're looking for just above-average price appreciation, forget it -- Verizon Communications (NYSE: VZ) can't offer it. The United States' mobile phone market is highly saturated, and highly competitive. Last quarter's year-over-year revenue growth of about 2% is about as good as it gets. Merely matching inflation here would be a reasonable expectation of this stock. This ticker's dividend, however, makes these slow-moving capital gains worth it. Newcomers will be plugging into this name while its forward-looking yield stands at 6.1%, which would be difficult to match with any other name that brings a comparable risk to the table. The business itself is, of course, well-suited for supporting recurring dividend payments. Consumers may postpone the purchase of a new car or skip a vacation. But they're not about to give up the device in ...
NEW YORK, Feb 8, 2026, 09:45 EST — The market finished the session. Broadcom jumped roughly 7% Friday, finishing the session at $332.92. Chip stocks moved higher, with investors shifting attention back to AI-driven data center outlays on Wall Street. Up next, Broadcom will post its results after the bell on March 4. Broadcom Inc finished Friday at $332.92, up $22.04, or roughly 7.1%, after moving ...
NEW YORK, Feb 8, 2026, 09:45 EST — The market finished the session. Broadcom jumped roughly 7% Friday, finishing the session at $332.92. Chip stocks moved higher, with investors shifting attention back to AI-driven data center outlays on Wall Street. Up next, Broadcom will post its results after the bell on March 4. Broadcom Inc finished Friday at $332.92, up $22.04, or roughly 7.1%, after moving between $313.26 and $334.90 over the course of the day. U.S. markets are closed for the weekend, so investors will have to wait until Monday to find out if the rally sticks. Chip stocks jumped, rallying across the board after Amazon and Alphabet flagged plans to ramp up spending on artificial intelligence infrastructure. Broadcom’s fortunes are closely tied to those so-called “capex” budgets — that’s the cash customers direct into big-ticket, durable assets like data centers and the chips inside. 1 Google remains under the microscope, with analysts highlighting Broadcom’s role in supplying Tensor Processing Units—TPUs, those custom AI chips. Alphabet is projecting $175 billion to $185 billion in capex for 2026, which has reignited questions about Broadcom’s upside from a potential TPU boost and the speed at which rivals like MediaTek might grab share, according to analysts. 2 After Nvidia CEO Jensen Huang told CNBC that demand was “going through the roof” and suggested the industry could be at an “inflection point,” the mood shifted markedly on Friday. The PHLX Semiconductor Sector Index, which tracks major chipmakers, jumped close to 6%. Investors, meantime, weighed projections of more than $650 billion in potential AI outlays by Amazon, Meta, Microsoft, and Alphabet for 2026, according to Investopedia. 3 Broadcom, once just a chip supplier, has transformed into a semiconductor-and-software heavyweight thanks to takeovers like VMware. On the trading desks, it’s usually seen as a leveraged play on two fronts: how fast data centers are going up, and the state of corporate IT...
British Prime Minister Keir Starmer’s chief of staff Morgan McSweeney has quit, he said in a statement on Sunday, as pressure intensifies on Starmer over his decision to appoint Peter Mandelson as ambassador to the United States. Starmer is facing what is widely seen as the biggest crisis of his 18 months in power over his decision to send Mandelson to Washington in 2024, after files showed t...
British Prime Minister Keir Starmer’s chief of staff Morgan McSweeney has quit, he said in a statement on Sunday, as pressure intensifies on Starmer over his decision to appoint Peter Mandelson as ambassador to the United States. Starmer is facing what is widely seen as the biggest crisis of his 18 months in power over his decision to send Mandelson to Washington in 2024, after files showed the extent of Mandelson’s relationship to the late sex offender Jeffrey Epstein. McSweeney, Starmer’s closest adviser and widely seen as one of the architects of Starmer’s success in Britain’s July 2024 election, said in a statement that he had been closely involved in the appointment of Mandelson. Advertisement “The decision to appoint Peter Mandelson was wrong. He has damaged our party, our country and trust in politics itself,” McSweeney said in a statement posted on social media by political correspondents. “When asked, I advised the prime minister to make that appointment and I take full responsibility for that advice.” Advertisement More to follow …
Early in 2026, shares of semiconductor giant Broadcom (NASDAQ: AVGO) are continuing on their negative trajectory that characterized the end of 2025. As of the Feb. 5 close, AVGO stock has fallen 10% on the year. Overall, shares are now down 23% since the company last reported earnings on Dec. 11, 2025. However, the outlooks provided by key U.S. hyperscalers make this drop in shares look like an op...
Early in 2026, shares of semiconductor giant Broadcom (NASDAQ: AVGO) are continuing on their negative trajectory that characterized the end of 2025. As of the Feb. 5 close, AVGO stock has fallen 10% on the year. Overall, shares are now down 23% since the company last reported earnings on Dec. 11, 2025. However, the outlooks provided by key U.S. hyperscalers make this drop in shares look like an opportunity. With hyperscaler capital expenditure (CapEx) guidance coming in much higher than anticipated, Broadcom’s future looks bright amid the sell-off. Broadcom’s Top Customer Blows CapEx Forecasts Out of the Water Hyperscaler CapEx is a key indicator of Broadcom’s future, providing an approximation of the company’s opportunity to generate artificial intelligence semiconductor revenue. Take the firm that is well-known to be Broadcom’s largest chip partner, Google parent company Alphabet (NASDAQ: GOOG). Alphabet reported earnings on Feb. 4, and provided its 2026 CapEx guidance. In the year, it expects to spend between $175 billion and $185 billion on CapEx. At the midpoint, this would mark an approximately 97% increase versus the firm’s 2025 CapEx of $91.4 billion. This is important for multiple reasons. First off, CapEx guidance massively exceeded expectations near $120 billion, which implied spending growth of just 31%. Given that expectations for Broadcom’s revenue growth are substantially anchored to Google’s CapEx, higher-than-expected spending should also push Broadcom's revenue estimates up. Additionally, in 2025, Google’s CapEx rose by 74% from $52.5 billion in 2024. By indicating a 97% increase in 2026, the company is clearly showing that its AI spending growth is accelerating. This is great news for Broadcom, one of the market’s top beneficiaries of Google’s AI spending. Notably, Broadcom shares rose by approximately 1% on Feb. 5, one day after Google’s earnings release, as investors took notice of this relationship. Still, this gain is a drop in the bucket comp...
ellya_n/E+ via Getty Images AMD stock’s FQ4 earnings recap My last analysis on Advanced Micro Devices stock ( AMD ) was published on Jan 3 under a title titled "AMD: Growth At An Unreasonable Price”. The article was triggered by the updates the company provided in its 2025 Financial Analyst Day and gave the stock a HOLD rating. Since that analysis, a new catalyst that has emerged was the company’s...
ellya_n/E+ via Getty Images AMD stock’s FQ4 earnings recap My last analysis on Advanced Micro Devices stock ( AMD ) was published on Jan 3 under a title titled "AMD: Growth At An Unreasonable Price”. The article was triggered by the updates the company provided in its 2025 Financial Analyst Day and gave the stock a HOLD rating. Since that analysis, a new catalyst that has emerged was the company’s FQ4 earnings report [ER] and also the market response afterwards. The company’s FQ4 ER was quite strong at first glance as shown in the snapshot below. All profitability metrics continued their strong trend, with 35% YOY topline growth, 40% YOY EPS growth, expanded gross margin by 3% YOY, and also expanded operating margins by 2%. AMD Q4 ER However, in the open market, investors responded to the FQ4 ER with a substantial wave of selling, causing a large price correction, as you can see from the following chart. As of this writing, the share price was corrected by more than 21% off its peak level before the ER. I suppose such a pullback could make many investors tempted to do some bottom fishing. If you indeed feel this way, I will next explain why I see large odds for the share to fall even more. Seeking Alpha AMD stock: volatility points to continued correction The first reason behind my above assessment is quite simple: volatility. As a highly cyclical stock, AMD share prices have demonstrated far higher volatility than other mega-tech stocks in the past. Let me bring your attention back to the chart above. This time I want to focus your attention on the stock prices’ deeply cyclical cycles in the past. As seen, in the past 5 years alone, the stock has experienced pullbacks as deep as around -60% twice. The average pullback was more than -29%. As a horizontal comparison, the next chart compares its volatility to other mega caps (essentially the Mag 7 group without TSLA). As seen, the two chip stocks, AMD and NVDA, have demonstrated beta that is on average about 2x higher...
ellya_n/E+ via Getty Images AMD stock’s FQ4 earnings recap My last analysis on Advanced Micro Devices stock ( AMD ) was published on Jan 3 under a title titled "AMD: Growth At An Unreasonable Price”. The article was triggered by the updates the company provided in its 2025 Financial Analyst Day and gave the stock a HOLD rating. Since that analysis, a new catalyst that has emerged was the company’s...
ellya_n/E+ via Getty Images AMD stock’s FQ4 earnings recap My last analysis on Advanced Micro Devices stock ( AMD ) was published on Jan 3 under a title titled "AMD: Growth At An Unreasonable Price”. The article was triggered by the updates the company provided in its 2025 Financial Analyst Day and gave the stock a HOLD rating. Since that analysis, a new catalyst that has emerged was the company’s FQ4 earnings report [ER] and also the market response afterwards. The company’s FQ4 ER was quite strong at first glance as shown in the snapshot below. All profitability metrics continued their strong trend, with 35% YOY topline growth, 40% YOY EPS growth, expanded gross margin by 3% YOY, and also expanded operating margins by 2%. AMD Q4 ER However, in the open market, investors responded to the FQ4 ER with a substantial wave of selling, causing a large price correction, as you can see from the following chart. As of this writing, the share price was corrected by more than 21% off its peak level before the ER. I suppose such a pullback could make many investors tempted to do some bottom fishing. If you indeed feel this way, I will next explain why I see large odds for the share to fall even more. Seeking Alpha AMD stock: volatility points to continued correction The first reason behind my above assessment is quite simple: volatility. As a highly cyclical stock, AMD share prices have demonstrated far higher volatility than other mega-tech stocks in the past. Let me bring your attention back to the chart above. This time I want to focus your attention on the stock prices’ deeply cyclical cycles in the past. As seen, in the past 5 years alone, the stock has experienced pullbacks as deep as around -60% twice. The average pullback was more than -29%. As a horizontal comparison, the next chart compares its volatility to other mega caps (essentially the Mag 7 group without TSLA). As seen, the two chip stocks, AMD and NVDA, have demonstrated beta that is on average about 2x higher...