Advanced Micro Devices has soared over the past year amid excitement over its central-processing units. AMD shares were up 6% at $548.58 in mid-afternoon trading Thursday, adding to a 280% gain over the past 12 months.
Advanced Micro Devices has soared over the past year amid excitement over its central-processing units. AMD shares were up 6% at $548.58 in mid-afternoon trading Thursday, adding to a 280% gain over the past 12 months.
Between the continued excitement around chipmakers—as seen in the enthusiasm regarding SK Hynix’s imminent U.S. listing—and the sudden reversal in the tech sector’s fortunes earlier this week, the AI trade is flashing mixed signals.
Between the continued excitement around chipmakers—as seen in the enthusiasm regarding SK Hynix’s imminent U.S. listing—and the sudden reversal in the tech sector’s fortunes earlier this week, the AI trade is flashing mixed signals.
JHVEPhoto/iStock Editorial via Getty Images Semiconductor stocks, along with others related to the artificial intelligence buildout, surged on Thursday, rebounding from the recent sell-off as U.S. manufacturing investments mount. Memory and other AI-related stocks dropped earlier this week as a sell-off ensued following Samsung's latest earnings results . However, semiconductor stocks started decl...
JHVEPhoto/iStock Editorial via Getty Images Semiconductor stocks, along with others related to the artificial intelligence buildout, surged on Thursday, rebounding from the recent sell-off as U.S. manufacturing investments mount. Memory and other AI-related stocks dropped earlier this week as a sell-off ensued following Samsung's latest earnings results . However, semiconductor stocks started declining in mid to late June, creating buying opportunities. Micron Technology ( MU ) jumped 8% by early afternoon trading on Thursday. The prolific memory maker revealed today it is accelerating its planned U.S. fab and technology investments and increasing its expected spend to more than $250B through 2035, up from $200B previously, driven by surging demand for memory in the AI era. Broadcom ( AVGO ) had increased 4% after revealing on Wednesday its latest partnership with Apple ( AAPL ). The deal is expected to exceed $30B and will lead to the production of over 15B U.S.-made chips and support hundreds of American jobs. Broadcom is part of Apple's American Manufacturing Program, which was launched in 2025, to accelerate domestic manufacturing. Sandisk ( SNDK ) shares surged 11% as the rising costs of memory and storage solutions continue to push up its revenue expectations. Wedbush increased its fourth quarter revenue estimate for Sandisk to $8.89B from $8B and its adjusted earnings per share to $37.64 from $32.01. Western Digital ( WDC ) climbed 7%. Meanwhile, Intel ( INTC ) edged up 2.5% as it attempts to secure its spot as a viable foundry option. "With TSMC's additional 3nm capacity coming online only in 2H27, customers are exploring new foundry partners," said HSBC analyst Frank Lee in a note to clients last week. "Intel is emerging as a leading option, signing Terafab and Apple as customers, and engaging with Google and NVIDIA. Packaging also remains a pressure point—tight TSMC [chip-on-a-wafer-substrate] capacity is pushing customers to consider Intel’s EMIB solution...
In trading on Thursday, the Invesco Semiconductors ETF is outperforming other ETFs, up about 7.3% on the day. Components of that ETF showing particular strength include shares of Nlight, up about 28% and shares of Onto Innovation, up about 12.1% on the day. And underperforming
In trading on Thursday, the Invesco Semiconductors ETF is outperforming other ETFs, up about 7.3% on the day. Components of that ETF showing particular strength include shares of Nlight, up about 28% and shares of Onto Innovation, up about 12.1% on the day. And underperforming
The board of directors of Phillips 66 has declared a quarterly dividend of $1.27 per share on Phillips 66 common stock. The dividend is payable on Sept. 1, 2026, to shareholders of record as of the close of business on Aug. 18, 2026. Ellington Financial announced that its Board
The board of directors of Phillips 66 has declared a quarterly dividend of $1.27 per share on Phillips 66 common stock. The dividend is payable on Sept. 1, 2026, to shareholders of record as of the close of business on Aug. 18, 2026. Ellington Financial announced that its Board
Alphabet Inc. (NASDAQ:GOOGL) is one of the best Seth Klarman portfolio stocks to buy. On July 2, Wells Fargo lowered its price target on Alphabet Inc. (NASDAQ:GOOGL) to $416 from $435, while maintaining its Overweight rating. Analyst Ken Gawrelski made the revision and noted that even with the lower target, he remains upbeat about Alphabet’s […]
Alphabet Inc. (NASDAQ:GOOGL) is one of the best Seth Klarman portfolio stocks to buy. On July 2, Wells Fargo lowered its price target on Alphabet Inc. (NASDAQ:GOOGL) to $416 from $435, while maintaining its Overweight rating. Analyst Ken Gawrelski made the revision and noted that even with the lower target, he remains upbeat about Alphabet’s […]
Amazon.com, Inc. (NASDAQ:AMZN) is one of the best Seth Klarman portfolio stocks to buy. On July 2, Amazon.com, Inc. (NASDAQ:AMZN) confirmed it has now launched 396 satellites for Amazon Leo, its low Earth orbit broadband network formerly known as Project Kuiper. This milestone, the company said, is sufficient to begin an initial rollout of internet […]
Amazon.com, Inc. (NASDAQ:AMZN) is one of the best Seth Klarman portfolio stocks to buy. On July 2, Amazon.com, Inc. (NASDAQ:AMZN) confirmed it has now launched 396 satellites for Amazon Leo, its low Earth orbit broadband network formerly known as Project Kuiper. This milestone, the company said, is sufficient to begin an initial rollout of internet […]
MicroStockHub The average 30-year fixed-rate mortgage continues to hover in the mid-6% range, but affordability has improved somewhat as the economy grows. The 30-year fixed-rate mortgage averaged 6.49% for the week ended July 9, 2027, up from the prior week's 6.43%, according to the Freddie Mac ( FMCC ) Primary Mortgage Market Survey. That's still down from the 6.72% average seen a year ago. The ...
MicroStockHub The average 30-year fixed-rate mortgage continues to hover in the mid-6% range, but affordability has improved somewhat as the economy grows. The 30-year fixed-rate mortgage averaged 6.49% for the week ended July 9, 2027, up from the prior week's 6.43%, according to the Freddie Mac ( FMCC ) Primary Mortgage Market Survey. That's still down from the 6.72% average seen a year ago. The 15-year fixed-rate mortgage averaged 5.82% vs. 5.79% in the previous week and 5.86% a year ago. "M ortgage rates have not changed much recently, but economic growth and housing affordability continue to improve for homebuyers as they shop for homes in today’s market," said Freddie Mac Chief Economist Sam Khater. More on the Housing Market Existing home sales unexpectedly dip in June Mortgage demand slips in holiday-shortened week, MBA says 5 Signs Of A Struggling U.S. Consumer And Economy
The second-quarter earnings season begins next week. As usual, the big banks will kick off earnings season, with the first reports on Tuesday, July 14. So, what should we expect? After all, share prices ultimately follow earnings. Many factors can move stocks in the short term (wars, oil price spikes, unexpected economic data, or policy moves by the Federal Reserve are a few). But if you want to g...
The second-quarter earnings season begins next week. As usual, the big banks will kick off earnings season, with the first reports on Tuesday, July 14. So, what should we expect? After all, share prices ultimately follow earnings. Many factors can move stocks in the short term (wars, oil price spikes, unexpected economic data, or policy moves by the Federal Reserve are a few). But if you want to get a sense of where the stock market is heading in the medium and long term, watching earnings is a great start. Right now, analysts estimate that S&P 500 (SNPINDEX: ^GSPC) companies' earnings in Q2 will rise 23.3% from the same quarter a year ago. That's according to FactSet , an authoritative source of earnings data. If that estimate proves correct, it would mark the second consecutive quarter of earnings growth above 20% for the index. (Analysts focus on the S&P 500 because it tracks the 500 largest U.S.-listed companies and represents about 80% of the total market capitalization of all U.S. companies.) Continue reading
Earnings Call Insights: Northern Technologies International Corporation (NTIC) Q3 2026 Management view CEO Patrick Lynch said, “Strong global demand and increasing adoptions of our ZERUST corrosion prevention and Natur-Tec bioplastic solutions drove quarterly consolidated sales to new record highs,” while disruptions in the Strait of Hormuz “contributed to a significant increase in our raw materia...
Earnings Call Insights: Northern Technologies International Corporation (NTIC) Q3 2026 Management view CEO Patrick Lynch said, “Strong global demand and increasing adoptions of our ZERUST corrosion prevention and Natur-Tec bioplastic solutions drove quarterly consolidated sales to new record highs,” while disruptions in the Strait of Hormuz “contributed to a significant increase in our raw material costs.” CEO Lynch tied profitability pressure to geopolitics, saying, “Higher input costs reduced our gross margin by approximately 477 basis points year over year,” and added, “we estimate that gross profit was negatively affected by approximately $1 million.” CEO Lynch framed near-term execution priorities around mix and applications, saying NTIC is “focused on the initiatives within our control to drive more profitable growth, including expanding sales of our higher margin ZERUST Oil & Gas solutions and broadening Natur-Tec applications globally.” CEO Lynch highlighted liquidity and an asset sale, saying, “Our liquidity and financial flexibility remain solid,” supported by “anticipated proceeds of more than $1 million from the pending sale of our Beachwood, Ohio facility, which is expected to close in fiscal 2027.” CFO Matthew Wolsfeld said, “Compared to the prior fiscal year period, NTIC's consolidated net sales increased 12.6% in the fiscal 2026 third quarter,” and added, “Total operating expenses for the fiscal 2026 third quarter increased 5.3% to $10.2 million.” CFO Wolsfeld said profitability was pressured by inputs, stating, “Gross profit as a percentage of net sales was 33.6%,” and “We expect gross margin to improve sequentially for the fourth quarter of fiscal 2026.” Outlook Management did not provide quantitative revenue or EPS guidance in the prepared remarks; the outlook commentary centered on margin recovery and operating leverage. CEO Lynch said, “We believe that the third quarter cost pressure was temporary, and we are pursuing pricing and procurement ini...
Maskot/DigitalVision via Getty Images Underlying fund selection strengthened relative results, notably in equity. Asset allocation effects were generally supportive in shorter-dated portfolios and detractive in portfolios furthest from retirement. How were market conditions in the first quarter of calendar 2026? Global equity markets experienced a challenging first quarter of 2026. Non-US markets ...
Maskot/DigitalVision via Getty Images Underlying fund selection strengthened relative results, notably in equity. Asset allocation effects were generally supportive in shorter-dated portfolios and detractive in portfolios furthest from retirement. How were market conditions in the first quarter of calendar 2026? Global equity markets experienced a challenging first quarter of 2026. Non-US markets began the year strongly, helped by a weaker US dollar, improving sentiment toward Europe, continued enthusiasm for semiconductors and artificial intelligence (AI) and renewed investor interest in lower-valued markets. By contrast, the United States lagged as the market broadened away from a concentration in large growth stocks. The quarter became more challenging in March as equities slipped. The escalation of the Iran conflict drove a sharp rise in oil and gas prices, and reduced confidence that central banks would ease policy quickly. US equities endured a difficult first quarter as geopolitical risk intensified. Technology shares came under pressure as investors questioned whether rising AI-related capital expenditure would translate into adequate returns, accelerating a rotation away from technology that helped value shares outperform their growth peers. The backdrop became more challenging in March as conflict in the Middle East disrupted energy markets and sharply lifted oil prices, adding inflation risk to already fragile sentiment. In both January and March, the US Federal Reserve (Fed) left the federal funds target range unchanged, while describing inflation as still somewhat elevated and uncertainty about the outlook as high. Macroeconomic releases over the period pointed to slower but still positive growth, alongside mixed progress on inflation and a softer labor market. The US Consumer Price Index data fell year-on-year in January and held steady in February. European equities were volatile but ended the first quarter slightly lower overall. At the start of the ...
New plaintiffs in a lawsuit against Elon Musk's SpaceXAI and Stability AI say the companies' AI tools were used to make sexually explicit images of them as children. (Image credit: Pablo Vera)
New plaintiffs in a lawsuit against Elon Musk's SpaceXAI and Stability AI say the companies' AI tools were used to make sexually explicit images of them as children. (Image credit: Pablo Vera)
NVIDIA (NASDAQ:NVDA) has maintained its status as the world’s most valuable company for most of the past two years. Now trading at a valuation of a little more than $4.7 trillion, Nvidia has seen roughly $4 billion of market capitalization added over the past five years, as this chip giant has seen its market capitalization ... Nvidia’s $4 Trillion Run Is Rewriting the Rules of Tech Investing
NVIDIA (NASDAQ:NVDA) has maintained its status as the world’s most valuable company for most of the past two years. Now trading at a valuation of a little more than $4.7 trillion, Nvidia has seen roughly $4 billion of market capitalization added over the past five years, as this chip giant has seen its market capitalization ... Nvidia’s $4 Trillion Run Is Rewriting the Rules of Tech Investing
Redwood Trust ( RWT ) shares jumped 7% after KBW upgraded it to Outperform from Market Perform as shares remain down ~15% YTD. The brokerage, however, reduced its price target on the stock to $6 from $7. "We think much of the recent weakness has been technical as RWT shares weredropped from the S&P SmallCap 600 Index after the close on Tuesday," analysts led by Bose George said. RWT +7.68% to $5.1...
Redwood Trust ( RWT ) shares jumped 7% after KBW upgraded it to Outperform from Market Perform as shares remain down ~15% YTD. The brokerage, however, reduced its price target on the stock to $6 from $7. "We think much of the recent weakness has been technical as RWT shares weredropped from the S&P SmallCap 600 Index after the close on Tuesday," analysts led by Bose George said. RWT +7.68% to $5.12. More on Redwood Trust RWTS: A 9.75% Senior Note IPO From Redwood Trust Redwood Trust, Inc. (RWT) Q1 2026 Earnings Call Transcript Redwood Trust, Inc. 2026 Q1 - Results - Earnings Call Presentation Redwood Trust declares $0.18 dividend Redwood Trust prices $125M senior notes offering at 9.75% due 2031