On the back of strong confidence from hedge funds and Wall Street, NVIDIA Corporation (NASDAQ:NVDA) is one of the best AI infrastructure stocks, with upside potential of 34.0%. NVIDIA Corporation (NASDAQ:NVDA) is not just selling chips into the AI buildout. It now provides infrastructure builders with an end-to-end stack to construct, simulate, and operate entire […]
On the back of strong confidence from hedge funds and Wall Street, NVIDIA Corporation (NASDAQ:NVDA) is one of the best AI infrastructure stocks, with upside potential of 34.0%. NVIDIA Corporation (NASDAQ:NVDA) is not just selling chips into the AI buildout. It now provides infrastructure builders with an end-to-end stack to construct, simulate, and operate entire […]
With strong hedge fund and Wall Street support, Microsoft Corporation (NASDAQ:MSFT) ranks among the best AI infrastructure stocks and carries an upside potential of 24.4%. Previously, Microsoft Corporation (NASDAQ:MSFT) built its early AI lead through its partnership with OpenAI. However, now, it is racing to prove it can operate independently. On May 28, 2026, Reuters reported that […]
With strong hedge fund and Wall Street support, Microsoft Corporation (NASDAQ:MSFT) ranks among the best AI infrastructure stocks and carries an upside potential of 24.4%. Previously, Microsoft Corporation (NASDAQ:MSFT) built its early AI lead through its partnership with OpenAI. However, now, it is racing to prove it can operate independently. On May 28, 2026, Reuters reported that […]
On the back of strong confidence from hedge funds and Wall Street, Amazon.com, Inc. (NASDAQ:AMZN) is one of the best AI infrastructure stocks, with upside potential of 16.4%. Amazon.com, Inc. (NASDAQ:AMZN)’s cloud business has already served as the backbone of the AI buildout. Yet a ten-year, $100 billion commitment from Anthropic indicates that growth is […]
On the back of strong confidence from hedge funds and Wall Street, Amazon.com, Inc. (NASDAQ:AMZN) is one of the best AI infrastructure stocks, with upside potential of 16.4%. Amazon.com, Inc. (NASDAQ:AMZN)’s cloud business has already served as the backbone of the AI buildout. Yet a ten-year, $100 billion commitment from Anthropic indicates that growth is […]
alexsl Absci ( ABSI ) shares reached the highest level in more than four years on Thursday after Leerink Partners initiated its coverage with an Outperform recommendation, noting that the AI-focused drug developer has one of the most attractive catalyst paths in its coverage. Analyst Mani Foroohar noted that Absci’s ( ABSI ) lead asset, ABS-201, an AI-designed long-acting antibody targeting the pr...
alexsl Absci ( ABSI ) shares reached the highest level in more than four years on Thursday after Leerink Partners initiated its coverage with an Outperform recommendation, noting that the AI-focused drug developer has one of the most attractive catalyst paths in its coverage. Analyst Mani Foroohar noted that Absci’s ( ABSI ) lead asset, ABS-201, an AI-designed long-acting antibody targeting the prolactin receptor (PRLR), is expected to undergo a Phase 2 trial for endometriosis in Q4 2026. A Phase 1/2 trial for ABS-201 is also underway for androgenetic alopecia, known as male and female pattern hair loss, with preliminary and interim proof-of-concept data expected in Q2 2026 and H2 2026, respectively. He noted that the upcoming readouts, including mid-stage trial data for ABS-201 in endometriosis, could provide "shots on goal to validate PRLR as a target and de-risk each program’s path forward in a large, multi-billion-dollar TAM.” Arguing that Absci’s ( ABSI ) “forward 18-month catalyst path—while highly binary—is one of the most attractive in our coverage,” the analyst issued a $12 target on the stock. More on Absci Absci Corporation (ABSI) Q1 2026 Earnings Call Transcript Absci Corporation (ABSI) Presents at 25th Annual Needham Virtual Healthcare Conference Transcript Absci: Downgrade To 'Hold' As ABS-101 On Back Burner And Pivot To ABS-201 Absci outlines ABS-201 interim 13-week data in H2 2026 while adding ABS-202 and funding plans into H1 2028 Absci GAAP EPS of -$0.19 beats by $0.01, revenue of $0.2M misses by $1.21M
mbbirdy/E+ via Getty Images The stock market opened mixed Thursday as Broadcom ( AVGO ) results disappointed traders, while eyes remained on the Middle East conflict as oil ( CL1:COM ) ( CO1:COM ) prices and Treasury yields both pulled back. S&P 500 ( SP500 ) +0.2 %, the Dow ( DJI ) +1.7%, and the Nasdaq Composite ( COMP:IND ) -0.3%. Now, here are four news stories that broke in the morning to wat...
mbbirdy/E+ via Getty Images The stock market opened mixed Thursday as Broadcom ( AVGO ) results disappointed traders, while eyes remained on the Middle East conflict as oil ( CL1:COM ) ( CO1:COM ) prices and Treasury yields both pulled back. S&P 500 ( SP500 ) +0.2 %, the Dow ( DJI ) +1.7%, and the Nasdaq Composite ( COMP:IND ) -0.3%. Now, here are four news stories that broke in the morning to watch out for: Pinterest ( PINS ) commits to AI expansion: The visual search platform has announced a $4 billion agreement with Amazon Web Services running through 2031, marking the largest infrastructure commitment in the company’s history. The investment aims to modernize Pinterest’s search functionality and address user complaints about “AI-generated slop,” irrelevant search results, and excessive ads that have contributed to declining engagement. Jobless claims exceed expectations: Initial jobless claims for the week ended May 30 increased 13,000 to 225,000, well above the 214,000 consensus and the prior week’s revised 212,000. The four-week moving average rose to 214,750, an increase of 6,500 from the prior week. Continuing claims for the week ended May 23 declined slightly to 1.777 million from 1.785 million, while the seasonally adjusted insured unemployment rate held steady at 1.2%. Productivity growth sees downward revision: Q1 nonfarm productivity growth was revised down to 0.3% from the preliminary 0.8% reading, a sharp deceleration from the 1.6% growth recorded in Q4. Unit labor costs increased 1.8% in the final Q1 reading, down from the preliminary 2.3% estimate, reflecting a 2.1% increase in hourly compensation. Real hourly compensation, adjusted for consumer prices, fell 1.4% during the quarter, though it remains up 0.6% over the last four quarters. House passes Iran war powers resolution: The U.S. House of Representatives voted 215-208 on Wednesday to pass a Democratic-led measure calling on President Trump to withdraw U.S. armed forces from hostilities involvi...
Four days. That is the gap between Anthropic closing a $65 billion Series H round at a $960 billion post-money valuation and the company confidentially submitting draft IPO paperwork to the SEC, according to Bloomberg Businessweek’s Ed Ludlow. That speed alone tells you something about how AI capital markets are operating right now. In March, ... $960 Billion: Anthropic Beats OpenAI to the IPO Fil...
Four days. That is the gap between Anthropic closing a $65 billion Series H round at a $960 billion post-money valuation and the company confidentially submitting draft IPO paperwork to the SEC, according to Bloomberg Businessweek’s Ed Ludlow. That speed alone tells you something about how AI capital markets are operating right now. In March, ... $960 Billion: Anthropic Beats OpenAI to the IPO Filing in a Race That Could Reshape AI Investing
Michael Saylor built Strategy Inc. around a straightforward idea: raise money to buy Bitcoin, then never sell it. Over time, that simple bet has turned far more complicated. After years of raising money to buy more Bitcoin, Strategy now has three investor groups to satisfy: Bitcoin investors, equity traders seeking leveraged exposure to the token, and preferred shareholders collecting cash dividen...
Michael Saylor built Strategy Inc. around a straightforward idea: raise money to buy Bitcoin, then never sell it. Over time, that simple bet has turned far more complicated. After years of raising money to buy more Bitcoin, Strategy now has three investor groups to satisfy: Bitcoin investors, equity traders seeking leveraged exposure to the token, and preferred shareholders collecting cash dividends. That arrangement worked when Bitcoin was rising and investors were eager to finance ever-larger purchases. Now all three are under pressure. The token is trading near a four-month low after the latest selloff, while Strategy’s stock has fallen about 70% from last year’s high. And STRC — the preferred share vehicle that has become central to funding new Bitcoin purchases — is trading below par, making it harder to raise fresh capital. The strain came into focus this week after Strategy disclosed it had sold 32 Bitcoin worth about $2.5 million. The sale was tiny relative to its roughly $54 billion holdings, but symbolically significant. It marked the company’s first Bitcoin sale since late 2022 and challenged a core promise that the cryptocurrency would be held indefinitely. The question facing Saylor is no longer simply whether Bitcoin rises. It is whether Strategy can simultaneously protect the value of its Bitcoin holdings, support the stock and maintain confidence in its preferred shares. “I don’t see it as possible for him to protect all three,” said Richard Galvin, founder of Sydney-based digital-asset manager DACM. “One of them will have to take the pain to protect the other two.” The challenge is that the actions that help one group can undermine another. Selling Bitcoin can raise cash and support preferred shareholders, but it weakens the company’s core Bitcoin accumulation story. Issuing more stock can fund additional Bitcoin purchases, but risks diluting common shareholders. Protecting the balance sheet may reassure creditors and preferred investors, yet limit ...
(RTTNews) - The Canadian stock market's benchmark S&P/TSX Composite Index climbed to a new record high Thursday morning, rebounding strongly from previous session's setback.
(RTTNews) - The Canadian stock market's benchmark S&P/TSX Composite Index climbed to a new record high Thursday morning, rebounding strongly from previous session's setback.
The dollar index (DXY00 ) today is down by -0.26%. The announcement of a ceasefire between Israel and Lebanon knocked WTI crude oil prices down more than -3% today and lowered inflation expectations, which might persuade the Fed to ease monetary policy, a negative factor for the dollar. Also, today's...
The dollar index (DXY00 ) today is down by -0.26%. The announcement of a ceasefire between Israel and Lebanon knocked WTI crude oil prices down more than -3% today and lowered inflation expectations, which might persuade the Fed to ease monetary policy, a negative factor for the dollar. Also, today's...
EU trade chief Maros Sefcovic has called for practical approaches and “meaningful discussion” to tackle the growing trade concerns between Brussels and Beijing, following his meeting with China’s chief international trade negotiator, Li Chenggang, on the sideline of a ministerial meeting at the Organisation for Economic Cooperation and Development (OECD) in Paris. Sefcovic opened his press confere...
EU trade chief Maros Sefcovic has called for practical approaches and “meaningful discussion” to tackle the growing trade concerns between Brussels and Beijing, following his meeting with China’s chief international trade negotiator, Li Chenggang, on the sideline of a ministerial meeting at the Organisation for Economic Cooperation and Development (OECD) in Paris. Sefcovic opened his press conference on Thursday by stressing the urgency of crafting policy responses to the non-market practices...
quantic69 Shares of Dell Technologies ( DELL ) have rocketed nearly 100% over the past 30 days, and while they've retreated around 10% over the last five days, they're still up 230% year-to-date. We asked Seeking Alpha analysts Deep Value Investing and Michael Del Monte if they thought Dell was overvalued. Deep Value Investing : On paper, yes, Dell ( DELL ) is definitely overvalued if you compare ...
quantic69 Shares of Dell Technologies ( DELL ) have rocketed nearly 100% over the past 30 days, and while they've retreated around 10% over the last five days, they're still up 230% year-to-date. We asked Seeking Alpha analysts Deep Value Investing and Michael Del Monte if they thought Dell was overvalued. Deep Value Investing : On paper, yes, Dell ( DELL ) is definitely overvalued if you compare its 23x forward P/E multiple with some of its peers in the AI rack theme. For example, Super Micro Computer ( SMCI ) is trading at 18x forward earnings and Hewlett Packard Enterprise ( HPE ) at 16x. That said, the reason I own Dell (and not its peers) has nothing to do with its valuation. When the broader markets are expanding, I’m looking at growth, and the 757% year-over-year increase in its AI server business is difficult to ignore. Moreover, the company appears to be supply constrained, which is a positive, as I discussed in my post-earnings coverage. In comparison, HPE’s ( HPE ) server revenue grew by only 33% year-over-year in the last quarter. As for SMCI ( SMCI ), the story got messier after the March developments, so I’m not that impressed by its 123% year-over-year growth rate in Q3 FY26. Among the AI server names, I like Dell ( DELL ) the most, and the reason is its AI growth story, not its valuation. Michael Del Monte : Dell ( DELL ) shares have experienced a significant uplift in recent months as demand for AI-optimized and traditional servers becomes more prevalent in revenue and the backlog. Given the exceptionally high level of growth, the market appears to be pricing Dell ( DELL ) shares as an AI growth company rather than a single-digit growth, traditional IT infrastructure company. While my model suggests 11% upside with a price target of $482 per share based on the historical trading ranges, shares could easily be repriced upward if the growth trajectory remains intact, pricing shares closer to my blue-sky scenario at $675 per share in time. Top Technolo...
After rising from hourly associate to CEO, Walmart’s John Furner says embracing change was key—a view shared by execs at Macy’s, Xerox, and Informatica.
After rising from hourly associate to CEO, Walmart’s John Furner says embracing change was key—a view shared by execs at Macy’s, Xerox, and Informatica.