zorazhuang/E+ via Getty Images Shares of leading inspection and metrology equipment developer Camtek Ltd. ( CAMT ) are up 58.55% (YoY) and 31.69% (YTD). I will explain why I am rating this stock as a hold ahead of its next earnings date in August 2026, with the view that it is trading at its fair value based on its sales guidance. CAMT is also growing its order book to hedge its investments and in...
zorazhuang/E+ via Getty Images Shares of leading inspection and metrology equipment developer Camtek Ltd. ( CAMT ) are up 58.55% (YoY) and 31.69% (YTD). I will explain why I am rating this stock as a hold ahead of its next earnings date in August 2026, with the view that it is trading at its fair value based on its sales guidance. CAMT is also growing its order book to hedge its investments and increase revenue over the next 2 years. CAMT’s Q1 2026 revenues came in at $121.7 million, representing a slight increase of 2.61% (YoY) from $118.6 million realized in Q1 2025. The company provided revenue guidance of $129 million to $131 million for Q2 2026 (midpoint $130 million). CAMT also expects revenue growth for H2 2026 to cross 25% (compared to H1 2026), driven by robust order momentum. By calculation, CAMT’s H1 2026 sales are likely to reach $251.7 million (using the midpoint of Q2 2026 revenue guidance of $130 million and Q1 2026 revenue of $121.7 million). The 25% (H2 2026 revenue growth vs. H1 2026) means that H2 2026’s revenue may likely hit $314.63 million. This means that CAMT may record a total revenue of $566.33 million for FY 2026, a possible increase of 14.16% (YoY) from $496.1 million realized in FY 2025. In early June 2026, CAMT announced that it had received multi-system orders worth more than $105 million. The order comprised a Tier 1 outsourced semiconductor assembly and test (OSAT) totaling $55 million and an “over $50 million order to deliver Hawk Systems from a leading HBM player for AI-related applications.” CAMT’s CEO stated, while making this announcement, and I quote, These new orders are a great example of the two themes we have stressed in previous announcements: one is the strengthening of the OSAT business with respect to the 2.5D and 3D AI-related devices, and the other is the superior capabilities of the Hawk to meet the most demanding requirements of HBM manufacturing. Camtek is uniquely positioned to support the growing demand for advan...
J Studios/DigitalVision via Getty Images Investment Rating – “Buy” Alphabet ( GOOG ) ( GOOGL ) stock has managed to outperform every name in the mega cap category on a YoY basis, including even Nvidia ( NVDA ), showing one of its best performance metrics even in a such a short period of time. Seeking Alpha I believe Google still has room to grow within the next two to three years at least, despite...
J Studios/DigitalVision via Getty Images Investment Rating – “Buy” Alphabet ( GOOG ) ( GOOGL ) stock has managed to outperform every name in the mega cap category on a YoY basis, including even Nvidia ( NVDA ), showing one of its best performance metrics even in a such a short period of time. Seeking Alpha I believe Google still has room to grow within the next two to three years at least, despite the enormous CAPEX and the seemingly overheated price action at the moment. In my opinion, the stock should not be assessed through the lens of current AI adoption or token usage. Even today's financials will not tell us much. What really matters right now is how far the business verticalization will develop over the next few years, and how well Google's ecosystem will be able to maintain its key market positioning in a variety of niches, mitigating possible disruptions. In my opinion, Google has been doing great so far in the way it has been integrating different assets into its ecosystem, and the further we go, the more its margins will be protected. We can see many examples globally that suggest this positive outcome for GOOG. For what is likely coming in calendar 2028-2030 in terms of business growth, GOOG looks undervalued today. Therefore, the stock deserves a solid "Buy" rating. M&A as an Ecosystem Engine You probably read a lot of analyses that spoke positively regarding Google's AI initiatives, Gemini models' usage rise , powerhouse status, etc. But I have not seen anyone discussing the top-notch execution when it comes to Google's ecosystem build-out (even with the AI integration). They’re not alone here – large American companies are quite active in acquiring niche products to then integrate them into their broader ecosystems and drive ROIC through crossover sales and synergies. The most obvious example here comes from Meta’s ( META ) 2012 acquisition of Instagram , which is now driving billions into Meta's core advertising engine. Google looks arguably like the...
J Studios/DigitalVision via Getty Images Investment Rating – “Buy” Alphabet ( GOOG ) ( GOOGL ) stock has managed to outperform every name in the mega cap category on a YoY basis, including even Nvidia ( NVDA ), showing one of its best performance metrics even in a such a short period of time. Seeking Alpha I believe Google still has room to grow within the next two to three years at least, despite...
J Studios/DigitalVision via Getty Images Investment Rating – “Buy” Alphabet ( GOOG ) ( GOOGL ) stock has managed to outperform every name in the mega cap category on a YoY basis, including even Nvidia ( NVDA ), showing one of its best performance metrics even in a such a short period of time. Seeking Alpha I believe Google still has room to grow within the next two to three years at least, despite the enormous CAPEX and the seemingly overheated price action at the moment. In my opinion, the stock should not be assessed through the lens of current AI adoption or token usage. Even today's financials will not tell us much. What really matters right now is how far the business verticalization will develop over the next few years, and how well Google's ecosystem will be able to maintain its key market positioning in a variety of niches, mitigating possible disruptions. In my opinion, Google has been doing great so far in the way it has been integrating different assets into its ecosystem, and the further we go, the more its margins will be protected. We can see many examples globally that suggest this positive outcome for GOOG. For what is likely coming in calendar 2028-2030 in terms of business growth, GOOG looks undervalued today. Therefore, the stock deserves a solid "Buy" rating. M&A as an Ecosystem Engine You probably read a lot of analyses that spoke positively regarding Google's AI initiatives, Gemini models' usage rise , powerhouse status, etc. But I have not seen anyone discussing the top-notch execution when it comes to Google's ecosystem build-out (even with the AI integration). They’re not alone here – large American companies are quite active in acquiring niche products to then integrate them into their broader ecosystems and drive ROIC through crossover sales and synergies. The most obvious example here comes from Meta’s ( META ) 2012 acquisition of Instagram , which is now driving billions into Meta's core advertising engine. Google looks arguably like the...
Micron boosts US investment plan again, commits $250 billion through 2035 Reuters Micron Boosts US Spending to $250 Billion to Feed Memory Boom Bloomberg.com Micron’s stock surges on multibillion-dollar U.S. manufacturing push MarketWatch
Micron boosts US investment plan again, commits $250 billion through 2035 Reuters Micron Boosts US Spending to $250 Billion to Feed Memory Boom Bloomberg.com Micron’s stock surges on multibillion-dollar U.S. manufacturing push MarketWatch
Micron Share Price Rises Over 9% to Return to $100. New $50 Billion Domestic Expansion Plan Added as Several Tech Company Executives Increase Holdings of Core US Tech Assets During Correction. TradingKey
Micron Share Price Rises Over 9% to Return to $100. New $50 Billion Domestic Expansion Plan Added as Several Tech Company Executives Increase Holdings of Core US Tech Assets During Correction. TradingKey
jetcityimage/iStock Editorial via Getty Images If only there were a few extra hours in the day. That is the type of thought that crosses the minds of the average overworked individual in today's economy. Although it is impossible to change the amount of time available in a given day, I believe that Monster Energy ( MNST ) markets itself as offering the next best thing. That is the idea that by con...
jetcityimage/iStock Editorial via Getty Images If only there were a few extra hours in the day. That is the type of thought that crosses the minds of the average overworked individual in today's economy. Although it is impossible to change the amount of time available in a given day, I believe that Monster Energy ( MNST ) markets itself as offering the next best thing. That is the idea that by consuming their beverage, it might be possible to squeeze a little extra productivity out of the hours that are available. To me, this is what is so appealing about Monster's products to such a broad audience of consumers. We all want just a bit more out of our days, and Monster makes that promise. Wall Street might think that Monster is just selling a great-tasting beverage designed to satisfy thirst, but I don't believe that is it at all. Rather, I think that Monster is in the business of selling a drink that is meant to be thought of as a productivity tool, and I believe that makes the company far more valuable. I last covered Monster all the way back in 2015. A lot has changed since that time, and I believe a lot of its has been quite favorable to the company and its prospects. Namely, the company has continued to grow both domestically and internationally. It has also made itself into a household name, and a habit for millions of consumers every day. Given this, I think it is important to explore where the company is today and what type of growth trajectory I see for it. The Value of Each Additional Hour of Productivity Each productive hour available counts for a lot these days. To best understand this, it is useful to think about productive hours in terms of the value that each extra hour of labor adds. The Bureau of Labor Statistics figures show that productivity continues to increase each quarter. At the same time, employees are also being compensated somewhat better for that additional productivity as well. Thus, in the eyes of the average worker, the equation is simp...
watch now VIDEO 2:44 02:44 OpenAI's newest AI model is 54% more token efficient on agentic coding, Sam Altman tells CNBC Squawk on the Street OpenAI CEO Sam Altman told CNBC on Thursday that GPT-5.6 Sol, the company's latest artificial intelligence model, is 54% more token efficient on agentic coding tasks, and that it's "as good or better" than competing models on the market. "Every enterprise no...
watch now VIDEO 2:44 02:44 OpenAI's newest AI model is 54% more token efficient on agentic coding, Sam Altman tells CNBC Squawk on the Street OpenAI CEO Sam Altman told CNBC on Thursday that GPT-5.6 Sol, the company's latest artificial intelligence model, is 54% more token efficient on agentic coding tasks, and that it's "as good or better" than competing models on the market. "Every enterprise now is thinking about spend and the value they're getting in exchange for AI, and this is what we really want to do," Altman said. OpenAI on Thursday is rolling out its latest series of models, GPT-5.6 Sol, Terra and Luna, which it announced last month. The company limited the initial launch to a "small group of trusted partners" at the request of the U.S. government. Altman said the company worked with Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and U.S. National Cyber Director Sean Cairncross on the approval process. He described OpenAI's work with the government as a "collaborative back and forth," where the government would carry out tests and raise problems for the company to address. "If you want broad access, which we do, and you have powerful models, you really want to be able to be confident in your safety claims, because otherwise the world is going to get uncomfortable very fast," Altman said. Read more CNBC tech news Chinese lidar maker with Nvidia ties accused of being cyber risk for U.S. China's Alibaba bans Anthropic AI for employees after 'distillation attack' accusation SpaceX President Gwynne Shotwell to donate stock to Trump Accounts Microsoft cuts 4,800 jobs, as Xbox unit downsizes and plans to spin off four gaming studios This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
The clearest sign that quantum computing has breached the cultural mainstream is that even professional basketball players are taking notice. After years of scientists rallying behind the technology, endorsements have started rolling in from outside the lab. Most recently, quantum found an unlikely advocate in Kyle Kuzma, NBA player for the Milwaukee Bucks, who visited IBM’s Thomas J. Watson Resea...
The clearest sign that quantum computing has breached the cultural mainstream is that even professional basketball players are taking notice. After years of scientists rallying behind the technology, endorsements have started rolling in from outside the lab. Most recently, quantum found an unlikely advocate in Kyle Kuzma, NBA player for the Milwaukee Bucks, who visited IBM’s Thomas J. Watson Research Center last week to tour the facilities.
The return of the 30-year US Treasury yield above 5% is prompting investors to rethink what they consider an attractive level, according to PGIM’s Gregory Peters . Peters expects yields on US Treasuries and 30-year corporate bonds to move substantially higher, with a rate of 5.5% being considered “quite good” for the long-dated government bond. The US Treasury 30-year yield has climbed sharply thi...
The return of the 30-year US Treasury yield above 5% is prompting investors to rethink what they consider an attractive level, according to PGIM’s Gregory Peters . Peters expects yields on US Treasuries and 30-year corporate bonds to move substantially higher, with a rate of 5.5% being considered “quite good” for the long-dated government bond. The US Treasury 30-year yield has climbed sharply this week ahead of a $22 billion reopening of the current issue at 1 p.m. in New York on Thursday. The bond market tends to seek a concession ahead of auctions, and at 5.07%, the 30-year yield has already climbed nine basis points this week. It’s now within sight of this year’s peak of 5.2%, notched in May. “This is the beginning and not the end” and “you will see pressure on long-end yields,” given the backdrop of rising AI and hyperscaler-related debt issuance and US Treasury sales, PGIM Credit’s co-chief investment officer told Bloomberg Television. “I think this is an early stage of a revisition, revaluation of what attractive means” for long-end yields, Peters added. Peters said the yield-curve steepening trend will pick up more steam over the next few quarters and years, when growing debt pushes long-dated yields higher. Peters is a member of the Treasury Borrowing Advisory Committee that meets in Washington every quarter to discuss the outlook for Treasury financing needs. Opportunities Peters is most excited about bonds in the middle and shorter end of the Treasury curve. With yields now higher, investors will benefit as the notes age and become shorter-dated maturities. “You are not taking duration risk and it’s a very different place being in the middle to the front end of the curve versus the back end,” he said. Read More: PGIM’s Tipp Sees Long US Bonds Boosted by Fed’s Inflation Focus PGIM had switched from expecting rate cuts to anticipating three quarter-point hikes from the Federal Reserve this year even before the central bank met in June and shocked markets wi...
David Lebovitz, global market strategist at JPMorgan Asset Management, says artificial intelligence is becoming an "everywhere'' trade and investors are getting better at distinguishing opportunities. "AI is everywhere. And so it’s how you play it, not whether or not you play it,'' he says on Bloomberg Television's "Surveillance.'" (Source: Bloomberg)
David Lebovitz, global market strategist at JPMorgan Asset Management, says artificial intelligence is becoming an "everywhere'' trade and investors are getting better at distinguishing opportunities. "AI is everywhere. And so it’s how you play it, not whether or not you play it,'' he says on Bloomberg Television's "Surveillance.'" (Source: Bloomberg)
London marine insurers have been seeing fewer inquiries for journeys to transit the Strait of Hormuz and some said the cost of cover had risen, in a sign of growing caution from shipowners as the US and Iran exchange attacks. Two marine war insurance brokers and two underwriters said they have seen fewer requests for quotes since a ceasefire in the Middle East all but broke down this week. While t...
London marine insurers have been seeing fewer inquiries for journeys to transit the Strait of Hormuz and some said the cost of cover had risen, in a sign of growing caution from shipowners as the US and Iran exchange attacks. Two marine war insurance brokers and two underwriters said they have seen fewer requests for quotes since a ceasefire in the Middle East all but broke down this week. While the evidence is anecdotal so far, it points to a renewed caution in the industry. So far on Thursday, visible shipping traffic through Hormuz had virtually ground to a halt, with few observable journeys taking place. Some shipowners who had recently transited the waterway said a day earlier that they were reconsidering returning. Another canceled a plan to do so. However, the true picture of transits is muddied by the fact a number of vessels have been crossing the waterway with their transponders turned off even before the interim peace deal between Washington and Tehran had fallen into place. Despite the drop-off in requests for cover, brokers and underwriters said that some owners were still showing an interest in making the journey. “I think that it would be fair to say that the requests for quotes has dropped off given a reluctance to commit to transits, although we are still receiving inquiries and terms are available,” said Simon Lockwood, head of shipowners, Marine GB, at broker Willis Towers Watson Plc. The cost of cover has remained high throughout and hasn’t increased much since the peace deal has frayed, Lockwood said. However, other brokers have seen premiums inch higher. Marcus Baker, global head of marine at Marsh, the world’s largest broker, said that rates have risen to anywhere between 2% and 6% of the value of a vessel from a fraction of a percent in pre-conflict times. At the higher end of that range, it would cost $6 million to insure an oil tanker worth $100 million while transiting Hormuz, although owners often receive large no-claim discounts that can...
The supermarket’s central Europe stores may be sold as it doubles down on domestic dominance A couple of decades ago, Tesco was going to bestride the globe. Little ol’ UK, plus Ireland, didn’t offer enough room for the country’s biggest supermarket chain to expand, ran a theory that was encouraged from outside by complaints about a “Tescopoly”. “We are on the threshold of becoming one of the few s...
The supermarket’s central Europe stores may be sold as it doubles down on domestic dominance A couple of decades ago, Tesco was going to bestride the globe. Little ol’ UK, plus Ireland, didn’t offer enough room for the country’s biggest supermarket chain to expand, ran a theory that was encouraged from outside by complaints about a “Tescopoly”. “We are on the threshold of becoming one of the few successful international retailers,” declared Sir Terry Leahy , then the chief executive, in 2007, confidently predicting that half the group’s revenues would come from overseas within a decade. Continue reading...