Gil Luria, DA Davidson’s head of technology research, says Nvidia's profit margins are relatively safe through the year 2030 because hyperscalers have few alternatives for the chips they use to power data centers. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Gil Luria, DA Davidson’s head of technology research, says Nvidia's profit margins are relatively safe through the year 2030 because hyperscalers have few alternatives for the chips they use to power data centers. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Sanctuary Wealth Chief Investment Strategist Mary Ann Bartels says technology stocks are "extremely overbought" from a technical standpoint and were overdue for a pullback during an interview with Matt Miller on "Bloomberg Open Interest." (Source: Bloomberg)
Sanctuary Wealth Chief Investment Strategist Mary Ann Bartels says technology stocks are "extremely overbought" from a technical standpoint and were overdue for a pullback during an interview with Matt Miller on "Bloomberg Open Interest." (Source: Bloomberg)
The Atomic Crab By Benjamin Picton, senior market strategist at Rabobank The Atomic Crab The Dow Jones hit a fresh all-time high yesterday, surging 1.73% to close at 51,562. The S&P500 posted more modest gains while the NASDAQ closed slightly lower as investors rotated out of some growth-oriented tech names and back towards healthcare and financials with more of a value or cyclical flavor. Treasur...
The Atomic Crab By Benjamin Picton, senior market strategist at Rabobank The Atomic Crab The Dow Jones hit a fresh all-time high yesterday, surging 1.73% to close at 51,562. The S&P500 posted more modest gains while the NASDAQ closed slightly lower as investors rotated out of some growth-oriented tech names and back towards healthcare and financials with more of a value or cyclical flavor. Treasuries traded in a narrow range to close with yields little changed, while European sovereigns mostly saw modest declines in yields with the slightest hint of bull steepening evident in some curves. The Bloomberg Dollar spot index was down slightly but is inching higher again in early trade this morning. Oil markets continue to be a point of focus. Front-month Brent futures closed 2.84% lower yesterday as markets remain of a Pollyanna state of mind over the status of the Strait of Hormuz. Dated Brent went the other way to post a (very) small gain yesterday after a 3.61% lift on Wednesday. The Singapore gasoil for spot delivery index was down 4.45% to $136.57/bbl. Scuttlebutt over the status of US-Iran peace talks continued to dominate headlines yesterday. Following Donald Trump’s announcement of a Israel/Lebanon ceasefire that was contingent on Hezbollah ceasing its attacks on Israel we had confirmation this morning that Hezbollah has no intention of halting strikes. Hezbollah leader Naim Qassem made a statement on Thursday saying that “as long as the occupation exists, the resistance will continue” and calling the negotiations between the Lebanese government and Israel “absurd, humiliating and shameful .” For Israel’s part, defence minister Katz has said that Israeli attacks in Southern Lebanon will continue and that the IDF will maintain “freedom of action” including in Beirut – which has been a red line for the Americans. Benjamin Netanyahu has recently faced criticism at home for being seen to be too compliant with American demands over strikes in Lebanon. Netanyahu faces ...
The iShares Core S&P 500 ETF (NYSEMKT:IVV) and the State Street SPDR S&P 500 ETF Trust (NYSEMKT:SPY) track the same index, but IVV offers lower costs and a higher dividend yield. Both funds are designed to provide investors with broad exposure to large-capitalization U.S. equities by tracking the S&P 500 Index. While the SPDR trust is the industry pioneer with unmatched trading volume, the iShares...
The iShares Core S&P 500 ETF (NYSEMKT:IVV) and the State Street SPDR S&P 500 ETF Trust (NYSEMKT:SPY) track the same index, but IVV offers lower costs and a higher dividend yield. Both funds are designed to provide investors with broad exposure to large-capitalization U.S. equities by tracking the S&P 500 Index. While the SPDR trust is the industry pioneer with unmatched trading volume, the iShares fund could be more appealing for long-term buy-and-hold portfolios due to its lower carrying costs. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Continue reading
New drug approvals and encouraging pipeline progress should maintain momentum in the Zacks Biomedical and Genetics industry despite the uncertain macroeconomic environment. A strong portfolio and solid pipeline progress position LQDA, IMNM, STOK and IMCR well in this volatile sector.
New drug approvals and encouraging pipeline progress should maintain momentum in the Zacks Biomedical and Genetics industry despite the uncertain macroeconomic environment. A strong portfolio and solid pipeline progress position LQDA, IMNM, STOK and IMCR well in this volatile sector.
A new twice-yearly HIV prevention injection could transform South Africa's fight against the epidemic — but U.S. aid cuts and limited doses threaten to slow its impact. (Image credit: Ihsaan Haffe)
A new twice-yearly HIV prevention injection could transform South Africa's fight against the epidemic — but U.S. aid cuts and limited doses threaten to slow its impact. (Image credit: Ihsaan Haffe)
(RTTNews) - Canadian stocks tumbled on Friday as stronger-than-expected Canadian and U.S. jobs data raised concerns the Bank of Canada and the Federal Reserve will hold interest rates at elevated levels for a longer duration.
(RTTNews) - Canadian stocks tumbled on Friday as stronger-than-expected Canadian and U.S. jobs data raised concerns the Bank of Canada and the Federal Reserve will hold interest rates at elevated levels for a longer duration.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the JPMorgan Active Growth ETF (Symbol: JGRO) where we have detected an approximate $175.2 million dollar outflow -- that's a 1.7% decrease week over we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the JPMorgan Active Growth ETF (Symbol: JGRO) where we have detected an approximate $175.2 million dollar outflow -- that's a 1.7% decrease week over we
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares U.S. Treasury Bond ETF, which added 46,600,000 units, or a 2.5% increase week over week. And on a percentage change basis, the ETF with
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares U.S. Treasury Bond ETF, which added 46,600,000 units, or a 2.5% increase week over week. And on a percentage change basis, the ETF with
Shares of three of the most explosive semiconductor names of 2026 are sliding hard in Friday morning trading. Micron Technology (NASDAQ:MU) stock is down 5% to $942, SanDisk (NASDAQ:SNDK) stock is off 5% to $1,664, and Marvell Technology (NASDAQ:MRVL) shares are lower by 6% to $298. The moves landed shortly after the open and have ... Micron, SanDisk, and Marvell Plummet as “Parabolic 7” Trade Unw...
Shares of three of the most explosive semiconductor names of 2026 are sliding hard in Friday morning trading. Micron Technology (NASDAQ:MU) stock is down 5% to $942, SanDisk (NASDAQ:SNDK) stock is off 5% to $1,664, and Marvell Technology (NASDAQ:MRVL) shares are lower by 6% to $298. The moves landed shortly after the open and have ... Micron, SanDisk, and Marvell Plummet as “Parabolic 7” Trade Unwinds
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis In my previous coverage of Broadcom ( AVGO ), my bullish call hinged on AVGO delivering on its AI backlog rather than a multiples re-rating. After the recent selloff post Q2-26 print , the price is back in the $415-$420 range, and I believe these levels represent an even better entry point if you want to own the name. Bottom line : I st...
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis In my previous coverage of Broadcom ( AVGO ), my bullish call hinged on AVGO delivering on its AI backlog rather than a multiples re-rating. After the recent selloff post Q2-26 print , the price is back in the $415-$420 range, and I believe these levels represent an even better entry point if you want to own the name. Bottom line : I stay overweight on Broadcom; PT upgraded to $525 (from $500). The sell-off corrected expectations, but fundamentals are intact . Q2 AI semiconductors revenue came in at $10.8B (+143%) and ahead of guidance; for Q3, AVGO guided for AI semis of $16.0B, up 200% YoY. The stock fell 13% on the print only because management reiterated, rather than raised, the FY27 “$100B-plus” AI target, even though consensus revenue already embeds about $113B of FY27 AI. At ~$420, AVGO trades at ~22x my FY27E non-GAAP EPS for ~60% forward EPS growth. The forward book is hardening . AVGO booked more than $30B of AI orders in Q2 against $10.8B shipped, a book-to-bill near 2.8x, spread across 6 custom-silicon customers (Google ( GOOG )( GOOGL ), Meta ( META ), ByteDance, Anthropic, OpenAI, Fujitsu). Forward visibility at this scale still does not exist elsewhere in custom silicon. Unit economics are the best in the AI-semi group . Q2 free cash flow was $10.26B, 46% margin, on capex of $231M, 1.0% of revenue. The fabless ASIC model converts roughly two-thirds of non-GAAP operating income to free cash at near-zero capital intensity, which is why I model FCF rising from $26.9B (FY25) to $82B (FY27). The balance sheet has flipped from constraint to weapon . Net debt has fallen to ~$45B; H1 FY26 buybacks already reached $8.45B, more than 3x the entire FY25 program. On the current cash-flow trajectory, I expect AVGO to reach a net cash position during FY27, and capital return can move from dividend-only to large-scale repurchase. Software remains a high-margin annuity, not a second growth engine . Infrastr...