Niles Investment Management founder and portfolio manager Dan Niles comes on Market Domination to explain why he believes AI is hitting a "speed bump," especially as companies pull back from tokenmaxxing practices and attempt to cut back on artificial intelligence costs.

In the first quarter of 2026, SpaceX (NASDAQ: SPCX) spent $7.7 billion building out AI infrastructure. That was more than three-quarters of the company's entire $10.1 billion capital budget for the period. That is a staggering bet. Will the gamble be worth it? Or is it setting up SpaceX to burn cash faster than the business can replace it? Image source: Getty Images. Continue reading

Aritzia press release ( ATZAF ): Q1 Non-GAAP EPS of C$0.96. Revenue of C$951M (+43.4% Y/Y) Aritzia expects the following for the second quarter of Fiscal 2027 compared to the second quarter of Fiscal 2026: Based on quarter-to-date trends, Aritzia expects net revenue in the range of $1.100 billion to $1.125 billion, representing growth of approximately 35% to 39%. The Company expects gross profit margin to increase approximately 250 bps to 300 bps from 43.8% in the second quarter of Fiscal 2026, and SG&A as a percentage of net revenue to decrease approximately 25 bps to 75 bps from 30.8% in the second quarter of Fiscal 2026. Aritzia expects the following for Fiscal 2027: Net revenue in the range of $4.55 billion to $4.75 billion, representing growth of approximately 23% to 28% from Fiscal 2026. 4 This includes the contribution from retail expansion with 12 to 13 new boutiques and four to five boutique repositions. Eleven to twelve new boutiques and two to three repositions are expected to be in the United States with the remainder in Canada. Gross profit margin to increase approximately 175 bps to 225 bps from 44.9% in Fiscal 2026. SG&A as a percentage of net revenue to be approximately flat to down 50 bps from 29.1% in Fiscal 2026. Adjusted EBITDA as a percentage of net revenue 2 to be approximately 19.5%, compared to 17.8% in Fiscal 2026, 5 driven by IMU improvements, savings from the Company's smart spending initiative and expense leverage. Capital cash expenditures (net of proceeds from lease incentives) 2 of approximately $250 million. This includes approximately $210 million related to investments in new and repositioned boutiques expected to open in Fiscal 2027 and Fiscal 2028. Depreciation and amortization of approximately $130 million. More on Aritzia Aritzia Inc. (ATZ:CA) Shareholder/Analyst Call Prepared Remarks Transcript Aritzia: Premium Valuation, Premium Execution Aritzia: Threading The Needle On Hypergrowth And U.S. Expansion Historical earnings data ...

格隆汇7月10日｜道琼斯指数7月9日（周四）收盘上涨138.96点，涨幅0.27%，报52487.35点； 标普500指数7月9日（周四）收盘上涨60.90点，涨幅0.81%，报7543.61点； 纳斯达克综合指数7月9日（周四）收盘上涨336.24点，涨幅1.30%，报26206.89点。

OpenAI and Anthropic are confronting heightened scrutiny from the Trump administration. But first… Three things to know: • Former Fed chairman Ben Bernanke joins Anthropic’s oversight trust • SpaceXAI, Cursor unveil Grok AI model for coding, finance tasks • Nvidia rival Positron holds talks to raise funds at $5 billion valuation Under review Top artificial intelligence companies racing to develop more capable AI models are typically constrained mostly by their access to chips, data and talent. Now, there’s a powerful new limiting factor: the US government. On Thursday, OpenAI rolled out its newest suite of models, GPT-5.6, after weeks of discussions with US government leadership, which OpenAI CEO Sam Altman said had initially requested a more limited release. The talks focused on the latest model’s safeguards and capabilities, which included better performance on cybersecurity-related tasks. Anthropic, meanwhile, decided to disable its Fable 5 and Mythos 5 models after the US Commerce Department imposed export controls to ban foreign access to the software. The restrictions were overturned late last month following weeks of back and forth that led to Anthropic creating additional cybersecurity guardrails for its technology. The heightened scrutiny by the US government has injected new uncertainty into the AI sector, which until now has acted with remarkable autonomy. Though OpenAI and Anthropic were eventually able to move forward with introducing their latest models, they and other developers are presumably already preparing for what happens with the next batch of releases in the coming months or even weeks. “We are now in a place where we have a de facto licensing machine,” said Brad Carson, a former member of congress from Oklahoma who leads the nonprofit Americans for Responsible Innovation as well as Public First Action, which funds super PACs and advocates for AI legislation. The government, he said, now “seemingly has to approve the release of all frontier mo...

美国国会预算管理办公室（CBO）：预计美国6月预算赤字1260亿美元。

格隆汇7月10日｜OpenAI：微软将通过API调用其模型，向Microsoft 365客户推出GPT-5.6服务。

Earnings Call Insights: Pure Cycle Corporation (PCYO) Q3 2026 Management View CEO Mark Harding said the company had “another great quarter and continued execution of our business,” adding that the “most notable” development was a “refreshing of our liquidity after accelerating the development time line of our Phase 2D,” which he tied to a “mild winter” and earlier lot delivery. CEO Harding reported Q3 “$8.2 million in revenue” and “$4.3 million in gross profits,” and said this implied “about a 52% margin,” while also saying Q3 strength reflected “percent complete revenue recognition in advance of Phase 2 ahead of typical seasonal schedule.” CEO Harding said board changes included “a couple of resignations of 2 Board members that are related to a 13D filer,” adding, “There’s no drama with these,” and that the SPV “holds about 13% of the stock.” CEO Harding said “total water revenues were strengthened by better-than-expected industrial water sales compared to last year,” and described industrial demand as “a very high-margin business for us,” adding the company continues investing to ensure capacity because operators “do pay a premium for that availability.” CEO Harding said the company delivered “approximately 430 lots in the last 18 months,” and noted Phase 2E is “right around 159, 160 lots,” while highlighting two “new builders to the portfolio, Pulte and Oakwood Homes.” CEO Harding described a single-family rental “pivot,” saying, “instead of looking at bringing 100 -- up to 100 units online, we’re backing that off into the high 60s, low 70 unit time frame,” while emphasizing leasing momentum: “we’ve got most I think almost every one of these homes are leased as they deliver.” CFO Marc Spezialy said the company “opened up the lines now” for Q&A but did not provide separate prepared financial commentary beyond introductions. Outlook CEO Harding said the company was “a little ahead of our schedule on guidance,” and added it was “optimistic and looking forward to a v...

The broadening trade was in full effect on Thursday, but that doesn’t mean tech was left behind. The Nasdaq led gains, up 1.3%. The S&P 500 rose 0.8%. The Dow inched up 129 points or 0.3%. But unlike the narrow leadership that dominated previous AI bull market rallies, Big Tech wasn’t the only one pulling its weight.

Source: Bloomberg, 0:00

Cabot Corporation to Announce Third Quarter Fiscal 2026 Operating Results

Entered into global collaboration with Roche for bexobrutideg, with potential total payments of up to $2.3 billion, including $700 million upfront payment

格隆汇7月10日｜以色列总理办公室：特朗普向内塔尼亚胡告知了美国在海湾地区采取的行动。内塔尼亚胡则提及土耳其总统埃尔多安及其盟友针对以色列存在问题发表的强硬言论，并强调维持以色列边境安全区的必要性。

After a blockbuster first half for U.S. equities, investors are entering the back half of the year with a more complicated backdrop. With the Nasdaq 100 trading near record highs thanks to the AI-fueled rally, investors are weighing whether earnings can continue to justify elevated valuations, how quickly the Federal Reserve may hike interest rates and whether geopolitical risks could spark renewed volatility. That backdrop makes valuation an increasingly important consideration. CNBC Pro screened the Nasdaq 100 for stocks that combine strong fundamentals with attractive prices and came up with the following names: Each of these stocks is a member of the Invesco QQQ Trust (QQQ) , has a buy rating or equivalent from least 55% of the analysts covering the stock, offers at least 35% upside to the average analyst price target, and trades at a forward price-to-earnings ratio below the Nasdaq 100's forward multiple of roughly 27. Chip giant Nvidia is the biggest stock on the list and also the most widely endorsed by analysts, with 83.3% of those covering it rating it a buy. Bitcoin corporate buyer Strategy is the smallest company represented, with a market value of $35.3 billion. At its current price, it has about 200% upside potential based on the analysts' average price target. It's also priced at just 8.2 times projected earnings. Behind Strategy, fintech giant Intuit offers the second-highest implied upside, with analysts' average price target pointing to gains of about 74%. About 70% of the analysts that cover it give it a buy rating.

AMD Confirms EPYC "Venice" Zen 6 CPUs Launch on July 22-23 at Advancing AI Event TechPowerUp

美股存储芯片指数初步收涨约5%，费城半导体指数涨约3%。 标普500指数初步收涨0.7%，科技板块涨1.6%，可选消费板块涨1.2%，能源板块跌1.6%，日用消费品板块跌1.7%。 纳斯达克100指数初步收涨1.6%，成分股中，Lumentum初步收涨11.3%，Arm控股涨9.1%，闪迪涨7.5%，拉姆研究涨5.6%，Meta涨4.8%，西部数据涨4.4%，美光涨4.2%连续两个交易日反弹，特斯拉涨2.9%，Diamondback Energy跌2.4%，百事可乐跌3.3%，AXON跌3.6%，开市客跌4.1%。

Mysterious AMD Ryzen 7 4700LE 'Zen 2' desktop CPU appears in a new prebuilt PC paired with an RTX 3050 TweakTown

The following companies are expected to report earnings prior to market open on 07/10/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Delta Air Lines, Inc. (DAL)is reporting for the quarter ending June 30, 2026. The airline company's consensus ear

Riwoe’s commanding new book traces a Chinese Australian family across four generations – all connected by one old longan tree It’s the year 2049 and Daniel Connelly is 75 years old. Eccentric and lonely after decades of self-imposed isolation, his existence is “spartan”, a “relentless searching, a yearning for pieces that fit together to make a new whole”. He spends his days making sculptures from broken pottery; the shards of his life. During a warm winter’s day, Daniel steps outside to find that the longan tree in his garden has fallen during a storm. The tree was an heirloom of sorts – a family emblem of home and belonging for generations before him. Continue reading...

Western Digital (NASDAQ: WDC) could be one of the quieter winners of the AI buildout as data storage becomes harder to ignore. The upside case is built on cloud demand, pricing power, and AI-driven data growth, but the stock's huge rally raises a tougher question about expectations. Stock prices used were the market prices of June 25, 2026. The video was published on July 7, 2026. Continue reading

格隆汇7月10日｜据The Information：Cursor正开发AI智能代理，欲对标Claude Cowork。

As the digital divide closes, investors are asking whether AT&T (NYSE:T) or Verizon Communications (NYSE:VZ) is the better choice for income and stability in a high-speed, 5G-connected world. AT&T has pivoted back to its roots, focusing on its fiber-to-the-home and wireless bundling strategy. Verizon maintains the nation's largest wireless subscriber base while aggressively acquiring fiber infrastructure to match its rival. Both companies offer high dividends but carry significant debt, making this comparison a study in balance-sheet management. AT&T operates a massive connectivity business providing wireless and fiber broadband under brands like Cricket and AT&T Fiber. The company serves approximately 145 million wireless subscribers and nearly 2.5 million business customers across North America. As the landscape for communication stocks evolves, it is expanding its 'Build-A-Plan' bundling service and acquiring fiber assets from Lumen Technologies (NYSE:LUMN) . Continue reading

Sundry Photography/iStock Editorial via Getty Images Introduction Although cybersecurity concerns have become increasingly common as AI models have become better, I think the real concern came after Anthropic decided to not release their latest model, Mythos. Project Glasswing arose after Anthropic considered Mythos having reached a “level of coding capability where they can surpass all but the most skilled humans at finding and exploiting software vulnerabilities.” With Anthropic only sharing this model with its partners, this added fuel to the cybersecurity concerns, and therefore companies like CrowdStrike Holdings, Inc. ( CRWD ) have increased 83% since project Glasswing. CrowdStrike is one of, if not the only, SaaS that has done well in the SaaSpocalypse, and I believe it has to do with two catalysts having the same component: Security. Before I explain my thesis, I want to discuss how the SaaSpocalypse applies to CrowdStrike and why I think it is immune. I have written multiple reports on how AI affects different kinds of SaaS companies, and this is yet another case of AI probably increasing the value proposition of its services and making it even more indispensable. In a relatively short time, CrowdStrike is still very popular, with more than 88,000 organizations relying on its products. The essence of its product is having a sensor on every device in the corporation. Every laptop, desktop, server, and cloud workload. This sensor running across the organization’s entire fleet feeds one unified platform that the organization has standardized its workflows on Falcon. It becomes THE security tool for the entire organization, and removing it would mean retooling security operations across the enterprise. Its land-and-expand strategy, similar to ServiceNow ( NOW ), works via customers starting with a few modules and adding over time. Modules such as cloud security, identity, exposure management, etc., increase the moat and the retention. Net retention , which meas...

ngkaki/iStock via Getty Images Investment Overview The stock of AstraZeneca PLC ( AZN ) has fallen in value by >6% in early trading today, as the Anglo-Swedish pharma giant reported the unexpected news that its CARDIO-TTRansform Phase 3 study of its drug Wainua (eplontersen): did not meet the primary efficacy endpoint of the composite outcome of cardiovascular ("CV") mortality and recurrent CV clinical events up to 140 weeks compared with placebo. Wainua was generally well tolerated, with a safety profile consistent with previous results. Ionis Pharmaceuticals, Inc. ( IONS ), the developer of eplontersen and partner of AstraZeneca ( AZN ) on the program, also experienced a significant decline in its stock price of ~20%, to a price of ~$66 per share. Ionis' market cap valuation has fallen to ~$10.8bn. AstraZeneca ADRs are now worth ~$175 per share, and the pharma's market cap valuation is presently ~$270.6bn. Analysis - Why Eplotersen's Study Fail Is Such A Significant Setback For Ionis & AstraZeneca When I covered Ionis in a note for Seeking Alpha in late May, I assigned the stock a Strong Buy rating, noting that Ionis was a California-based biopharma company focused on oligonucleotide antisense technology (using RNA to intercept genetic messaging and increase, decrease, or alter the production of specific proteins) that had secured approvals for multiple drugs: Spinraza, indicated to treat spinal muscular atrophy ("SMA"); Tegsedi, indicated for polyneuropathy of hereditary transthyretin amyloidosis ("hATTR"); Waylivra, for familial chylomicronemia syndrome ("FCS") (approved in Europe, Canada, and Brazil, but not the U.S.); Wainua (eplontersen), in polyneuropathy of hereditary transthyretin-mediated amyloidosis ("ATTRv-PN"); Qalsody, in adults with amyotrophic lateral sclerosis ("ALS") with an SOD1 mutation; Tryngolza, in familial chylomicronemia syndrome ("FCS") in 2024, and in Severe Hypertriglyceridemia and Acute Pancreatitis Risk Reduction (approval in June this...

Fourth T20i: England, 159-1 beat India, 158-6, by 9 wickets Brook scores 79, Salt 59 to win with six overs remaining England’s recent heatwave continued in Bristol, India wilting to lose their cool, the game and the series in what turned into another bizarrely one-sided encounter. Timid with the bat, poor in the field, error-prone with the ball and swift to accept the inevitability of defeat, this was a complete horror show from the world champions and a performance of complete dominance from Harry Brook’s burgeoning team, who won by nine wickets and will overtake their opponents as world No1 if they win the final game of the series in Southampton on Saturday. Two days earlier it was England’s bowlers who shredded their opponents on their way to a 125-run win at Trent Bridge. This time, well as their bowlers performed to limit India to 159, it was their batters – and one of them in particular. Chasing an obviously under-par total, England started slowly and awkwardly and Jos Buttler was dismissed early for eight – the former captain’s form is a genuine issue, and he has not scored an international half-century in this format since the Old Trafford runfest against South Africa last September, a run of 18 innings in which he has averaged just 15.16. But his departure brought out his successor, Brook scooped his second ball for six, and from that moment there was no stopping him. Continue reading...