hapabapa/iStock Editorial via Getty Images Investment Rating Update - "Buy" Palantir Technology ( PLTR ) is currently one of the biggest corporations in the US, weighting about 0.45% in the S&P 500 index . While the index is up over 10% on a YTD basis, Palantir is down over 27.40% as the software sector remains under severe pressure from AI models that a lot of people believe could replace the Saa...
hapabapa/iStock Editorial via Getty Images Investment Rating Update - "Buy" Palantir Technology ( PLTR ) is currently one of the biggest corporations in the US, weighting about 0.45% in the S&P 500 index . While the index is up over 10% on a YTD basis, Palantir is down over 27.40% as the software sector remains under severe pressure from AI models that a lot of people believe could replace the SaaS-like technologies. I agree that this existential risk might be valid for some SaaS companies indeed. Data bases or website constructing applications are unlikely to have the growth rates they saw before the launch of ChatGPT or Claude. However, when it comes to mission-critical tech and companies with real-world expertise and domain knowledge like Palantir, their serviceable markets are not going to shrink, in my opinion. Palantir's ontology tech and AIP, as well as its other product offerings, are showing spectacular operational growth even amid the rising interest among enterprises in well-known LLMs. What happens when those enterprises face the limitations of those LLMs in real-world situations? I think the answer is that they're likely to start allocating more budgets to ontology providers, where Palantir is the king, so to speak. The demand for PLTR's solutions isn't at risk structurally, so I think it's a matter of time before we see a recovery repricing in its stock price. The Stock Keeps Falling It's very hard to be up even amid the rallying market when your industry is contracting . That's what have been pressuring the PLTR stock the most, in my understanding. Seeking Alpha As Dexter Dethmers wrote in his recent post , and what I generally agree with, the capital that funds OpenAI's ( OPENAI ), Anthropic's ( ANTHRO ), and SpaceX's ( SPCX ) new investment rounds and IPOs doesn't come from nowhere. The likely reason institutional investors can afford to fund hundreds of billions of dollars in new rounds is capital rotation out of SaaS. "Money rotates out of mature,...
hapabapa/iStock Editorial via Getty Images Investment Rating Update - “Buy” Palantir Technologies Inc. ( PLTR ) is currently one of the biggest corporations in the US, weighing about 0.45% in the S&P 500 index . While the index is up over 10% on a YTD basis, Palantir is down over 27.40% as the software sector remains under severe pressure from AI models that a lot of people believe could replace t...
hapabapa/iStock Editorial via Getty Images Investment Rating Update - “Buy” Palantir Technologies Inc. ( PLTR ) is currently one of the biggest corporations in the US, weighing about 0.45% in the S&P 500 index . While the index is up over 10% on a YTD basis, Palantir is down over 27.40% as the software sector remains under severe pressure from AI models that a lot of people believe could replace the SaaS-like technologies. I agree that this existential risk might be valid for some SaaS companies indeed. Databases or website-constructing applications are unlikely to have the growth rates they saw before the launch of ChatGPT or Claude. However, when it comes to mission-critical tech and companies with real-world expertise and domain knowledge like Palantir, their serviceable markets are not going to shrink, in my opinion. Palantir's ontology tech and AIP, as well as its other product offerings, are showing spectacular operational growth even amid the rising interest among enterprises in well-known LLMs. What happens when those enterprises face the limitations of those LLMs in real-world situations? I think the answer is that they're likely to start allocating more budgets to ontology providers, where Palantir is the king, so to speak. The demand for PLTR's solutions isn't at risk structurally, so I think it's a matter of time before we see a recovery repricing in its stock price. The Stock Keeps Falling It's very hard to be up even amid the rallying market when your industry is contracting . That's what has been pressuring the PLTR stock the most, in my understanding. Seeking Alpha As Dexter Dethmers wrote in his recent post , and what I generally agree with, the capital that funds OpenAI's ( OPENAI ), Anthropic's ( ANTHRO ), and Space Exploration Technologies Corp.'s ( SPCX ) new investment rounds and IPOs doesn't come from nowhere. The likely reason institutional investors can afford to fund hundreds of billions of dollars in new rounds is capital rotation out of S...
Welcome to Bloomberg’s Retail Monitor . Every Friday we’ll deliver you clear insights on industry trends, headwinds and emerging opportunities. Sign up now if you’re not already on the list. Tiny totes and small containers are all the rage . Michaels has had quite the turnaround . The excitement for the Knicks continues. And CoverGirl is going after an older customer . Read this news, and more, be...
Welcome to Bloomberg’s Retail Monitor . Every Friday we’ll deliver you clear insights on industry trends, headwinds and emerging opportunities. Sign up now if you’re not already on the list. Tiny totes and small containers are all the rage . Michaels has had quite the turnaround . The excitement for the Knicks continues. And CoverGirl is going after an older customer . Read this news, and more, below. — Tonya Garcia Market Snapshot PepsiCo Inc €119.80 +1.5% Levi Strauss & Co $23.84 -2.2% Target Corp $132.27 -0.1% Starbucks Corp $106.41 +2.4% Coty Inc $2.13 -0.5% Market data as of 09:12 AM ET. Data is subject to provider delays. Miniature items fill a big fun gap Americans aren’t going to let a little thing like the fear of financial destruction stop them from shopping. They’re just going to buy smaller, less expensive stuff. A small tote bag, a tiny bucket or a mini milk frother have become options for cautious consumers looking for a retail fix. Home improvement retailer Lowe’s has dubbed it the “mini effect” and retailers say these shrunken-sized items are drawing big crowds who are also loading up on other stuff during their shopping trips. But they’re reluctant to commit to a big purchase. Shoppers across the US are worried about their jobs being taken by AI, geopolitical unrest and inflation. PepsiCo, which reported its quarterly earnings this week, said gas prices are driving a pullback in snacks . Experts say that consumers are being very selective and the evidence seems to bear that out. But there’s another factor at play that’s motivating these micro-splurges on teeny items: US consumers want to have a little fun. There are fewer nightclubs, movie theaters and golf courses than there once were. And the price of admission to the experiences that are still around can be prohibitively expensive. For instance, the ticket price for one of the top concert tours last year averaged $134, a 42% increase from 2019. Add the cost of travel, food, beverages and the inve...
Rabid interest in the World Cup has helped to drive more than $3 billion of wagers on a prediction market backed by Robinhood Markets Inc. and Susquehanna International Group , which launched just a few months ago. Rothera, which started taking bets in May, is growing swiftly: its average daily volume surged 86% to $118 million in July compared to June, and on some recent days it has recorded almo...
Rabid interest in the World Cup has helped to drive more than $3 billion of wagers on a prediction market backed by Robinhood Markets Inc. and Susquehanna International Group , which launched just a few months ago. Rothera, which started taking bets in May, is growing swiftly: its average daily volume surged 86% to $118 million in July compared to June, and on some recent days it has recorded almost as much activity Polymarket’s US platform, which launched late last year, according to data from prediction market tracker Greed. Volume on Rothera is much further behind Polymarket’s main international exchange, and Kalshi — the biggest player in the industry — but it has been growing faster than them during the World Cup, underscoring the threat it could pose to the larger platforms. Named after a research base in Antarctica, Rothera is one of the latest entrants to the world of prediction markets, which has seen a number of Wall Street-powered upstarts, but most have failed to gain much traction so far. Rothera offers yes-or-no contracts on pro baseball, economic events and the World Cup, a tournament that has given prediction exchanges a boost as enthusiasts place wagers on individual matches, the top goalscorer and who will win the whole thing. Currently, users can place wagers on Rothera via Robinhood, but the company is looking to add more brokers after drawing more than $3 billion in volume since its launch. “We are in active discussions with several more, both retail and institutional,” Thomas Chippas, Rothera’s Chief Executive Officer and co-founder, said in an interview. He added that the company already has around six market makers beyond Susquehanna, but didn’t say who they were. The startup is a joint venture between Robinhood, Susquehanna and Miami International Holdings Inc. None of them have a majority share in the exchange, a Rothera spokesperson said. Chippas is the former CEO of ErisX, a crypto startup acquired by Cboe Global Markets Inc. in 2022. All...
An important index for chip stocks is flashing a technical warning sign, possibly signaling a drawdown of as much as 17%, according to investment bank BTIG. The Philadelphia Stock Exchange Semiconductor Index (SOX) has gone up or down by 3% on 15 different occasions in the previous 30 trading days. On Thursday, it again closed up 3% – above its 50- and 200-day moving averages but below its 20-day ...
An important index for chip stocks is flashing a technical warning sign, possibly signaling a drawdown of as much as 17%, according to investment bank BTIG. The Philadelphia Stock Exchange Semiconductor Index (SOX) has gone up or down by 3% on 15 different occasions in the previous 30 trading days. On Thursday, it again closed up 3% – above its 50- and 200-day moving averages but below its 20-day moving average. This fluttering after a big positive run could mean a pullback is coming, BTIG said. "The only other periods we have seen 15 days of 3% or greater moves within a 30 day period while being above the 200 day moving average was Feb./March '99 and Feb. to July '00," Jonathan Krinsky, the firm's chief market technician, wrote Thursday in a note to clients. "While this was too early of a signal in '99, it had ominous outcomes in '95, '97, '00, '20, and '24 preceding -17% or worse drawdowns," he added. It's been a volatile week for the SOX. Before closing up 3% on Thursday, it was up 2% on Wednesday, down 4.7% on Tuesday, and up 2% on Monday. The index gained 22% in May and 11% in June but is down 9% so far in July. The year-to-date gain is still above 80%. .SOX YTD mountain Philadelphia SE Semiconductor Index year to date Other analysts were making comparisons on Thursday to the 2000 era with regard to semi runs. Looking at Russell 2000 's semiconductor stocks, analysts at Jefferies noted that their 3-month gain of 104.4% is even better than the gain of 96.6% just ahead of the dotcom crash in February 2000. However, Jefferies analyst Steven DeSanctis sounded more sanguine about the forward trajectory for the group in relation to the recent surge. "Subsequent performance after very big leaps on average has been still good for the group with the average 3-month return coming in at 7.0%, 15.4% for 6-months," he wrote on Thursday. Shares of South Korean memory chipmaker SK Hynix are set to start trading on the Nasdaq on Friday, and multiple Wall Street trading desks h...
Investing.com -- High-bandwidth memory (HBM) pricing is on track to more than double by 2027, driven by a perfect storm of soaring artificial intelligence demand and structural capacity constraints. According to a DigiTimes report on Friday, industry sources indicate that next-generation HBM4 prices could surge to $4–$5 per gigabit or higher, up from approximately $2 in the second half of 2026. Th...
Investing.com -- High-bandwidth memory (HBM) pricing is on track to more than double by 2027, driven by a perfect storm of soaring artificial intelligence demand and structural capacity constraints. According to a DigiTimes report on Friday, industry sources indicate that next-generation HBM4 prices could surge to $4–$5 per gigabit or higher, up from approximately $2 in the second half of 2026. The looming price shock reflects the extreme manufacturing complexities of HBM4, which requires a prod
SK Hynix Inc. raised $26.5 billion in its American depositary share offering, the largest ever US first-time share sale by a foreign company. Bloomberg's Ed Ludlow reports. (Source: Bloomberg)
SK Hynix Inc. raised $26.5 billion in its American depositary share offering, the largest ever US first-time share sale by a foreign company. Bloomberg's Ed Ludlow reports. (Source: Bloomberg)
Tony Anderson/DigitalVision via Getty Images Whirlpool Corporation ( WHR ) is a housing recovery play trading at cyclical trough valuations, and nobody's paying attention. Q2 earnings are on July 24, and the FOMC meeting is July 28/29, bringing two potential catalysts. Because WHR owns North America's #1 appliance brands, Whirlpool, Maytag & KitchenAid, its revenues lag existing home sales by 3-6 ...
Tony Anderson/DigitalVision via Getty Images Whirlpool Corporation ( WHR ) is a housing recovery play trading at cyclical trough valuations, and nobody's paying attention. Q2 earnings are on July 24, and the FOMC meeting is July 28/29, bringing two potential catalysts. Because WHR owns North America's #1 appliance brands, Whirlpool, Maytag & KitchenAid, its revenues lag existing home sales by 3-6 months, but aggressive pricing & $150M+ cost cuts have set a new margin floor as demand recovers. At 11.4x forward P/E and 0.65x book, the stock is priced for permanent impairment of earnings, not cyclical recovery. Buy with a $57 price target (50% upside). Why Whirlpool, Why Now But Whirlpool has practically become a ghost. The company that built America's kitchens for a century has been left for dead by Wall Street. The stock price is right around $38, down 65% in the last year. Most analysts have stamped a "Hold" tag on the shares or simply walked away. But something is happening that is worth watching. Weekly price chart of WHR - price is back in 2009 (TradingView) The housing market, Whirlpool's lifeblood, seems to be bottoming out, albeit slowly. June's existing home sales of 4.09 million units weren't spectacular, but they follow 18 consecutive months of declines. The current mortgage rate is 6.49%, down from 6.72% a year ago. Not much, but still the right direction. And the Fed's next move matters enormously here: the FOMC (Federal Open Market Committee) meets on July 28-29, not long after WHR reports Q2 results on July 24. That's the setup. Two catalysts: a stock priced for the apocalypse and a business that dominates the largest appliance market in the world. With earnings two weeks away, Whirlpool is set to get a re-rating nobody's pricing in. The Boring Business That Prints Cash Whirlpool isn't sexy. It largely makes refrigerators, washers, dryers, dishwashers, and ovens. Major Domestic Appliances are the boring things. You can probably live without a new phone....
The Real Brokerage Inc．周五宣布，已就其将于2026年8月14日召开的证券持有人特别会议提交并寄发了会议材料。 此次特别会议将以虚拟形式于美国东部时间8月14日上午10时举行，登记股东有权参与投票的股权登记日为2026年6月29日营业结束后。会议材料已通过邮件寄发给证券持有人，同时可在公司官网查阅。 会议的核心议题是审议批准一项涉及公司的安排决议。根据该安排，Real的已发行...
The Real Brokerage Inc．周五宣布，已就其将于2026年8月14日召开的证券持有人特别会议提交并寄发了会议材料。 此次特别会议将以虚拟形式于美国东部时间8月14日上午10时举行，登记股东有权参与投票的股权登记日为2026年6月29日营业结束后。会议材料已通过邮件寄发给证券持有人，同时可在公司官网查阅。 会议的核心议题是审议批准一项涉及公司的安排决议。根据该安排，Real的已发行流通股将按10比1的比例进行合并，股东随后将合并后的股份以一对一的方式转让，最终Real成为相关公司的全资子公司。 该安排是Real与RE/MAX Holdings更大规模合并交易的一部分。在此框架下，Real与RE/MAX最终都将成为新成立公司的全资子公司，后者在交易完成后将更名。 根据合并条款，REMAX的A类普通股股东可选择每股换取相应数量的新公司普通股，或每股现金，但现金总额将被限制在一定范围内。Real董事会已一致认定该安排符合公司及证券持有人的最佳利益，并建议投票赞成该决议。 责任编辑：张俊 SF065
Introducing a new sadistic psychopath and a corrupt secret society of Gotham grandees would mean Harvey Dent takes a backseat to Victor Zsasz and the Court of Owls M att Reeves’ The Batman was a strange beast from the beginning. Perhaps not comic-book weird in the usual sense – no cosmic portals or rubber nipples here – but strange all the same. This was a Gotham where Bruce Wayne seemed to have b...
Introducing a new sadistic psychopath and a corrupt secret society of Gotham grandees would mean Harvey Dent takes a backseat to Victor Zsasz and the Court of Owls M att Reeves’ The Batman was a strange beast from the beginning. Perhaps not comic-book weird in the usual sense – no cosmic portals or rubber nipples here – but strange all the same. This was a Gotham where Bruce Wayne seemed to have been styled by the ghost of Kurt Cobain, the Riddler appeared to have escaped from a David Fincher evidence locker, and the whole city looked as if it had been left to soak overnight in rainwater and civic corruption. The expectation was that Reeves would begin rolling back the bizarre in part two, perhaps leaving us with a more orthodox Batverse populated with mobsters and corrupt lawyers. Sebastian Stan seemed central to this, with rumours suggesting he would portray Harvey Dent/Two-Face, perhaps alongside Scarlett Johansson as his wife, Gilda. In the last week, however, there have been suggestions that the sequel might just be priming itself for something a fair bit freakier. Hollywood industry veteran Jeff Sneider is reporting that the main antagonist this time around could be the Court of Owls , a sinister secret society of Gotham grandees who look at first glance like a murder-bird upgrade on the League of Shadows, but are really something nastier: the city’s masked, devious ruling class, living out of secret rooms and exploiting a property portfolio that probably goes back to the Pilgrims. Continue reading...
Aoraee China-focused equity funds attracted $9B in the latest week, marking their largest weekly inflow since December 2025, according to EPFR data cited by BofA Global Research. The latest weekly inflow followed several weeks of net outflows. EPFR data cited by the bank also showed the four-week moving average of China equity fund flows continued to recover, although it remained below the levels ...
Aoraee China-focused equity funds attracted $9B in the latest week, marking their largest weekly inflow since December 2025, according to EPFR data cited by BofA Global Research. The latest weekly inflow followed several weeks of net outflows. EPFR data cited by the bank also showed the four-week moving average of China equity fund flows continued to recover, although it remained below the levels seen before the sharp outflows earlier this year. The inflow came as global equity funds attracted $56.4B, the fourth-largest weekly inflow of 2026, while emerging market equity funds received $14B, BofA said. Despite the latest improvement, China-focused equity funds remained down $236.9B on a year-to-date basis, according to EPFR data cited by the bank. Here is the chart: BofA Here are some China ETFs: ( KWEB ), ( PGJ ), ( CQQQ ), ( FXI ), ( GXC ), ( MCHI ), ( FLCH ), ( CNYA ), ( ASHR ), and ( YINN ). More on China CQQQ: China Technology Is Recovering, But I Need More Evidence Before Buying KWEB: World Class Tech Weighed By The China Discount YINN: I'm No Longer Bearish On Chinese Stocks (Rating Upgrade) Asian equities gain as AI tech optimism overshadows renewed Iran tensions Asian stocks decline on Middle East tensions, oil spike, and cautious Fed minutes
Shares of CCC Intelligent Solutions ( CCC ) climbed 11% in premarket trading after Reuters reported that the software and AI-powered workflow provider is exploring a potential sale of the company. According to the Reuters report, the Chicago-based company has hired Morgan Stanley to oversee a sale process and has contacted potential buyers, including private equity firms, citing three people famil...
Shares of CCC Intelligent Solutions ( CCC ) climbed 11% in premarket trading after Reuters reported that the software and AI-powered workflow provider is exploring a potential sale of the company. According to the Reuters report, the Chicago-based company has hired Morgan Stanley to oversee a sale process and has contacted potential buyers, including private equity firms, citing three people familiar with the matter. The sale exploration comes after a difficult year for the company's stock. Reuters noted that CCC's market value has declined to roughly $3.3B, down from about $6.4B a year earlier, as investors have become concerned about slowing revenue growth, weaker industry claims volumes, and slower-than-expected adoption of some of its newer software products. The stock has fallen nearly 45% over the past 12 months. CCC previously explored strategic alternatives in 2023. Reuters reported that the company was considering options, including a potential sale, after receiving takeover interest, but no transaction was completed. Private equity firm Advent International, which acquired CCC in 2017 and took it public through a SPAC merger in 2021, fully exited its investment in 2025 through a series of secondary share offerings, including the sale of its remaining stake in November. Neither CCC Intelligent Solutions nor Morgan Stanley has publicly commented on the reported sale process. franckreporter/iStock via Getty Images More on CCC Intelligent CCC Intelligent Solutions Holdings Inc. (CCC) Presents at 46th Annual William Blair Growth Stock Conference Transcript CCC Intelligent Solutions: Focus On Growth Opportunities And Share Repurchases CCC Intelligent Solutions Holdings Inc. (CCC) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript CCC forecasts $1.155B-$1.163B 2026 revenue while expanding AI and casualty commitments CCC Intelligent Solutions CFO to depart, names interim replacement
Nigel Farage has billed his byelection as a clash with the powers that be. To wit: Laurence Fox, a naked celebrity and a man with a bin on his head Quick look at the Clacton byelection field as it stands: Nigel Farage, Count Binface, Piers Corbyn, Laurence Fox, some bloke who’s been on Married at First Sight and Dating Naked ... anyway, there’s more , but you get the picture. It’s going to be a lo...
Nigel Farage has billed his byelection as a clash with the powers that be. To wit: Laurence Fox, a naked celebrity and a man with a bin on his head Quick look at the Clacton byelection field as it stands: Nigel Farage, Count Binface, Piers Corbyn, Laurence Fox, some bloke who’s been on Married at First Sight and Dating Naked ... anyway, there’s more , but you get the picture. It’s going to be a long hot summer. By the end of this contest Clacton will be begging to be left behind again. To recap, Reform leader Farage this week delivered an address to the nation on his political future, which can effectively be summarised as “Mirror, mirror on the wall, who is the messiest bitch of all?” Under fire over his recently exposed penchant for taking mental amounts of money and benefits from Thailand-based cryptophiliacs/ convicted fraudsters and their mums , Nigel has decided to seek validation by asking the voters of Clacton to rule on him. So yes, Farage has triggered a byelection – but he’s also triggered anyone who’s ever been in a toxic relationship where their partner forces them into public declarations of loyalty. It’s all very “I always choose you over everyone, Nigel, and I hate that my family are trying to destroy us”. Marina Hyde’s new book, What a Time to be Alive!, is out in September (Guardian Faber Publishing, £20). To support the Guardian, order your signed copy at guardianbookshop.com . Delivery charges may apply Marina Hyde is a Guardian columnist Continue reading...