ASML Holding NV became Europe’s most valuable company ever after a 60% year-to-date advance fueled by a clamor for stocks with exposure to the buildout of artificial intelligence data centers. ASML shares rose as much as 2.3% on Wednesday, giving the Dutch maker of chipmaking gear a market capitalization equivalent to $674 billion. That eclipsed the previous record set by Danish drugmaker Novo Nor...
ASML Holding NV became Europe’s most valuable company ever after a 60% year-to-date advance fueled by a clamor for stocks with exposure to the buildout of artificial intelligence data centers. ASML shares rose as much as 2.3% on Wednesday, giving the Dutch maker of chipmaking gear a market capitalization equivalent to $674 billion. That eclipsed the previous record set by Danish drugmaker Novo Nordisk A/S in June 2024, according to data compiled by Bloomberg. ASML is this year’s second-best performer in the blue-chip Euro Stoxx 50 Index, yet it has underperformed a basket of semiconductor stocks that has nearly doubled. The Dutch firm became Europe’s biggest listed company in September, overtaking software maker SAP SE . It has consolidated the lead since then, with its market value now exceeding the combined total of the next two largest firms — HSBC Holdings Plc and Roche Holding AG. The latest gain in ASML shares came after analysts turned more bullish on the company’s ability to supply advanced tools to clients like Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. Some investors have questioned whether the company can boost its capacity fast enough to supply chipmakers that are also expanding production lines. JPMorgan Chase & Co. analysts raised their price target on ASML to among the highest across Wall Street brokers on Wednesday, saying investors are “behind the curve” on the number of tools that the company is able to sell for next two years. UBS Group AG also raised estimates on ASML last month, naming the stock as a top pick.
JHVEPhoto/iStock Editorial via Getty Images For decades, Micron Technology, Inc. ( MU ) was a stock most investors traded, not something they kept. We picked it up when the crowd had given up, and unloaded once again when everyone suddenly loved- at least that was the idea. Regardless, the whole trick was, like the childhood game Musical Chairs, to get out before the music stopped, and that rhythm...
JHVEPhoto/iStock Editorial via Getty Images For decades, Micron Technology, Inc. ( MU ) was a stock most investors traded, not something they kept. We picked it up when the crowd had given up, and unloaded once again when everyone suddenly loved- at least that was the idea. Regardless, the whole trick was, like the childhood game Musical Chairs, to get out before the music stopped, and that rhythm has held for a remarkably long time- since 1984 when Micron went public. Today, though, things have changed. And with the stock trading at its all-time highs, one must wonder if the smart money has already made. But by the time you reach the end, I’m sure you’ll find the case speaks for itself. Spoiler: I maintain a Strong Buy rating on Micron Technology. Where does Micron stock sit? Before we get to anything else, let’s look at where MU stock is right now and see why it’s still worth starting a position at these levels despite all the gains. Seeking Alpha At the time of publication, Micron stock trades at around $1,064 a share. So far, the stock is up 273% since the beginning of the year and nearly 985% over the past 52 weeks. Traditionally, those aren’t the kind of gains a memory company is supposed to put up, and yet here we are. Now, as you can see from that chart above, a considerable chunk of that gain showed up from late March 2026 onwards, which is also when the market finally connected Micron’s record results to the staying power of the AI buildout, as well as the cooling-off of interest rates, which also sent many high-growth stocks to greater heights. Typically, a run like that should make anyone cautious, largely because Micron has already nearly tripled in a year, which means the easy money has been made, and the burden has shifted onto the fundamentals to back up the price. So, the angle worth looking at now isn’t how high the stock has climbed, but what investors entering at over $1,000 are actually paying for, and whether there’s any upside left. Is Micron ...
JHVEPhoto/iStock Editorial via Getty Images For decades, Micron Technology, Inc. ( MU ) was a stock most investors traded, not something they kept. We picked it up when the crowd had given up, and unloaded once again when everyone suddenly loved- at least that was the idea. Regardless, the whole trick was, like the childhood game Musical Chairs, to get out before the music stopped, and that rhythm...
JHVEPhoto/iStock Editorial via Getty Images For decades, Micron Technology, Inc. ( MU ) was a stock most investors traded, not something they kept. We picked it up when the crowd had given up, and unloaded once again when everyone suddenly loved- at least that was the idea. Regardless, the whole trick was, like the childhood game Musical Chairs, to get out before the music stopped, and that rhythm has held for a remarkably long time- since 1984 when Micron went public. Today, though, things have changed. And with the stock trading at its all-time highs, one must wonder if the smart money has already made. But by the time you reach the end, I’m sure you’ll find the case speaks for itself. Spoiler: I maintain a Strong Buy rating on Micron Technology. Where does Micron stock sit? Before we get to anything else, let’s look at where MU stock is right now and see why it’s still worth starting a position at these levels despite all the gains. Seeking Alpha At the time of publication, Micron stock trades at around $1,064 a share. So far, the stock is up 273% since the beginning of the year and nearly 985% over the past 52 weeks. Traditionally, those aren’t the kind of gains a memory company is supposed to put up, and yet here we are. Now, as you can see from that chart above, a considerable chunk of that gain showed up from late March 2026 onwards, which is also when the market finally connected Micron’s record results to the staying power of the AI buildout, as well as the cooling-off of interest rates, which also sent many high-growth stocks to greater heights. Typically, a run like that should make anyone cautious, largely because Micron has already nearly tripled in a year, which means the easy money has been made, and the burden has shifted onto the fundamentals to back up the price. So, the angle worth looking at now isn’t how high the stock has climbed, but what investors entering at over $1,000 are actually paying for, and whether there’s any upside left. Is Micron ...
Alexey_Fedoren Wall Street opened lower Wednesday as the U.S. and Iran engaged in fresh strikes as the fragile ceasefire seemed to have wavered. Investors also assessed a fresh round of economic data. S&P 500 ( SP500 ) -0.4%, the Dow ( DJI ) -0.8%, and the Nasdaq Composite ( COMP:IND ) -0.4%. The fragile U.S.-Iran ceasefire neared total collapse after U.S. airstrikes on Iran's Qeshm Island trigger...
Alexey_Fedoren Wall Street opened lower Wednesday as the U.S. and Iran engaged in fresh strikes as the fragile ceasefire seemed to have wavered. Investors also assessed a fresh round of economic data. S&P 500 ( SP500 ) -0.4%, the Dow ( DJI ) -0.8%, and the Nasdaq Composite ( COMP:IND ) -0.4%. The fragile U.S.-Iran ceasefire neared total collapse after U.S. airstrikes on Iran's Qeshm Island triggered a retaliatory ballistic missile and drone blitz targeting American military bases in Kuwait and Bahrain. Oil prices advanced, with Brent crude ( CO1:COM ) topping $97 a barrel. U.S. private sector employment increased by 122K in May, roughly in line with the +120K consensus and strengthening from +105K in April (revised from +109K), according to data released by ADP. Elsewhere on the U.S. economic calendar, the PMI Composite Index was revised to 51.5 from 51.7 in the initial May reading, compared with April's final reading of 51.7. In addition, May ISM Services PMI Index was 54.5 vs. 53.7 consensus and 53.6 in April, and April Factory Orders also rose more than expected. U.S. Treasury yields moved higher across the curve. The 10-year Treasury yield ( US10Y ) rose 3 basis points to 4.48%, the 2-year Treasury yield ( US2Y ) added 3 basis points to 4.08%, and the 30-year Treasury yield ( US30Y ) climbed 3 basis points to 4.98%. More on markets Fasten Your Seatbelt More Data Showing A Weirdly Decent Labor Market Why The "AI Mania" May End Badly At a glance: stocks gapping down premarket
imaginima/E+ via Getty Images Commercial crude stocks (excluding those in the Strategic Petroleum Reserve) for the week ended May 29: 433.7M barrels . Crude inventory change: - 8M barrels vs. -3.3M barrels for the week ended May 22. Consensus estimate: -2.900M. At 433.7M barrels, U.S. crude oil inventories are about 3% below the five-year average for this time of year. Gasoline inventory change: +...
imaginima/E+ via Getty Images Commercial crude stocks (excluding those in the Strategic Petroleum Reserve) for the week ended May 29: 433.7M barrels . Crude inventory change: - 8M barrels vs. -3.3M barrels for the week ended May 22. Consensus estimate: -2.900M. At 433.7M barrels, U.S. crude oil inventories are about 3% below the five-year average for this time of year. Gasoline inventory change: +3.4M barrels vs. -2.6M barrels for the week ended May 22. Distillates inventory change: +1.5M barrels vs. -2.1M barrels for the week ended May 22. Strategic Petroleum Reserve: 357.1M barrels , down -8M barrels from 365.1M barrels in the prior week. Crude oil futures ( CL1:COM ) +1.39% to $ 95 /barrel. ETFs: ( USO ), ( BNO ), ( UCO ), ( SCO ), ( USL ), ( DBO ), ( DRIP ), ( GUSH ), ( USOI ), ( XLE ). More on Crude Oil Futures, United States Oil Fund LP ETF, etc. Investment Strategy For The Upcoming Inflationary Recession Oil Fundamentals - U.S. Shale Output Growth Will Not Come To The World's Rescue This Time Around Macro Insights: The 'Dangerous Market' Playbook, 1999 Redux, And Navigating RAMpocalypse Prediction markets remain skeptical of quick Hormuz recovery despite Trump's Iran claim OECD cuts global growth outlook to 2.8% on U.S.-Iran war
$10,000 parked in the Procure Space ETF (NYSEARCA:UFO) on May 29, 2025 at $24.64 was worth roughly $26,500 twelve months later, and most of that move happened in the last four months. UFO closed last Friday at $65.31, up 69% year to date and 165% over the trailing year. The SPDR S&P 500 ETF Trust ... UFO Turned a Forgotten Thesis Into 165% Returns While the S&P Gained 11%
$10,000 parked in the Procure Space ETF (NYSEARCA:UFO) on May 29, 2025 at $24.64 was worth roughly $26,500 twelve months later, and most of that move happened in the last four months. UFO closed last Friday at $65.31, up 69% year to date and 165% over the trailing year. The SPDR S&P 500 ETF Trust ... UFO Turned a Forgotten Thesis Into 165% Returns While the S&P Gained 11%
New Publication Outlines Big Tech Climate Requirements, Provides Roadmap for Suppliers to Meet Expectations NEW YORK CITY, NY / ACCESS Newswire / June 3, 2026 / Governance & Accountability Institute (G&A), a leading sustainability consulting and research ...
New Publication Outlines Big Tech Climate Requirements, Provides Roadmap for Suppliers to Meet Expectations NEW YORK CITY, NY / ACCESS Newswire / June 3, 2026 / Governance & Accountability Institute (G&A), a leading sustainability consulting and research ...
Applied Digital (NASDAQ: APLD) has suddenly become one of the most talked-about stocks in the artificial intelligence space. At first glance, that may seem strange. The company does not build AI models. It does not design cutting-edge semiconductors, and it certainly is not the household name that Nvidia has become. So why are investors suddenly paying attention? Continue reading
Applied Digital (NASDAQ: APLD) has suddenly become one of the most talked-about stocks in the artificial intelligence space. At first glance, that may seem strange. The company does not build AI models. It does not design cutting-edge semiconductors, and it certainly is not the household name that Nvidia has become. So why are investors suddenly paying attention? Continue reading
nantonov/iStock Editorial via Getty Images Introduction As it has been a while since I last looked at Danone S.A. ( DANOY ) ( GPDNF ), I wanted to have a closer look as I wanted to figure out if its share price decrease perhaps makes the company interesting again from an investment perspective. I am already an avid user of some of its products, but I'm afraid I'm not the best customer, as I tend t...
nantonov/iStock Editorial via Getty Images Introduction As it has been a while since I last looked at Danone S.A. ( DANOY ) ( GPDNF ), I wanted to have a closer look as I wanted to figure out if its share price decrease perhaps makes the company interesting again from an investment perspective. I am already an avid user of some of its products, but I'm afraid I'm not the best customer, as I tend to wait for sales or deals. The company generates about a third of its revenue in Europe, while just under a quarter comes from contributions in North America. And while about half of the revenue comes from essential dairy & plant-based products, it is remarkable to see that the water division represents almost 20% of the consolidated revenue. Yahoo Finance Danone has its primary listing on Euronext Paris, where it is trading with BN as its ticker symbol. The average daily volume in Paris is 1.6M shares, making it the most liquid listing to trade in the company's stock. As an additional feature, there are options available on the Paris exchange, allowing investors to trade in put and call options. I will use the euro as the base currency throughout this article. Putting the Q1 results into perspective Before discussing the Q1 results, I wanted to take a step back and discuss the FY 2025 results, as that is the starting point for any comparable basis going forward. In 2025, the company reported a total revenue of approximately 27.3B EUR , on which it recorded a recurring operating margin of 13.4%, resulting in a 3.67B EUR recurring operating income and a reported operating income of 2.94B EUR. Danone Investor Relations This resulted in a recurring net income of 2.46B EUR, representing an EPS of 3.80 EUR, but as the image above shows, the reported EPS was just 2.82 EUR. This large difference is mainly caused by the one-off expenses related to transformation projects in Europe and Indonesia, while it also includes additional (non-cash) impairment charges on intangible assets. T...
One in four new cars sold worldwide last year was electric, according to International Energy Agency (IEA) data cited by UBS, marking a landmark moment for the transition away from the internal combustion engine. Global electric vehicle (EV) sales, which include both battery-only cars and...
One in four new cars sold worldwide last year was electric, according to International Energy Agency (IEA) data cited by UBS, marking a landmark moment for the transition away from the internal combustion engine. Global electric vehicle (EV) sales, which include both battery-only cars and...
Wall Street’s top prosecutor said his office is looking at possible valuation discrepancies in the private credit marketplace. Jay Clayton , the US attorney for the Southern District of New York, addressed the issue Wednesday while speaking at the Bloomberg Global Credit Forum in New York. Clayton said the difference between the price at which assets are marked on one balance sheet versus others w...
Wall Street’s top prosecutor said his office is looking at possible valuation discrepancies in the private credit marketplace. Jay Clayton , the US attorney for the Southern District of New York, addressed the issue Wednesday while speaking at the Bloomberg Global Credit Forum in New York. Clayton said the difference between the price at which assets are marked on one balance sheet versus others was at the heart of blowups at First Brands Group , Tricolor Holdings and 777 Partners . “Where you look is when you have a market where there’s a bunch of participants and a large portion of them have it marked at say 75 and one or two have it marked at 95,” Clayton said. “That’s a place where you say, okay, I need to ask some questions about the folks who are marking it at 95, particularly if they’re making fees off it,” he added. “To be clear, I’m asking my people to look at that question across the marketplace.” At the same time, however, Clayton warned against “pearl-clutching” about private credit and suggested that it had been a boon to the US economy. He said he didn’t currently see a “transmission mechanism” by which issues in the private credit sector could affect the broader economy. Clayton has expressed concern about how Wall Street firms value private assets. The Justice Department’s Manhattan outpost in recent months has been seeking information about BlackRock TCP Capital Corp. , a publicly traded business development company, Bloomberg reported in May. Read more: BlackRock Private Credit Fund’s Valuations Are Probed by DOJ Clayton, chairman of the Securities and Exchange Commission during Donald Trump ’s first presidency, took over the Manhattan US attorney’s office after his re-election. In between those roles, he was chairman of private-markets powerhouse Apollo Global Management Inc. , which has recently been touting its push to price some $830 billion of credit assets daily in a bid to boost transparency. Read more: Apollo Is Emerging as the Early Winner...
YieldMax MSFT Option Income Strategy ETF ( MSFO ) announces weekly distribution of $0.1010, 23.77% higher from the prior week's distribution of $0.0816. The annual distribution rate is 42.19%, with an SEC yield of 2.44%. The return of capital is 94.12%. Payable June 5; for shareholders of record June 4; ex-div June 4. Source: Press Release More on YieldMax™ MSFT Option Income Strategy ETF Seeking ...
YieldMax MSFT Option Income Strategy ETF ( MSFO ) announces weekly distribution of $0.1010, 23.77% higher from the prior week's distribution of $0.0816. The annual distribution rate is 42.19%, with an SEC yield of 2.44%. The return of capital is 94.12%. Payable June 5; for shareholders of record June 4; ex-div June 4. Source: Press Release More on YieldMax™ MSFT Option Income Strategy ETF Seeking Alpha’s Quant Rating on YieldMax™ MSFT Option Income Strategy ETF Dividend scorecard for YieldMax™ MSFT Option Income Strategy ETF
Lean hog futures closed the Tuesday session with contracts 35 cents to $1.80 higher. Open interest was up just 358 contracts on the day. USDA’s national base hog price was reported at $95.57 on Tuesday afternoon, up $1.71 from the day prior. The CME Lean Hog Index was back up...
Lean hog futures closed the Tuesday session with contracts 35 cents to $1.80 higher. Open interest was up just 358 contracts on the day. USDA’s national base hog price was reported at $95.57 on Tuesday afternoon, up $1.71 from the day prior. The CME Lean Hog Index was back up...
(RTTNews) - A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. jumped by slightly more than expected in the month of May.
(RTTNews) - A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. jumped by slightly more than expected in the month of May.
JHVEPhoto Marvell Technology ( MRVL ) shares rose more than 6% on Wednesday, the second day after Nvidia ( NVDA ) CEO Jensen Huang said it could be the next trillion-dollar company. Separately, on Wednesday, Evercore praised Marvell as a “strategic supplier” for artificial intelligence. Speaking alongside Marvell CEO Matt Murphy at the Computex show in Taipei, Huang outlined his vision on Tuesday,...
JHVEPhoto Marvell Technology ( MRVL ) shares rose more than 6% on Wednesday, the second day after Nvidia ( NVDA ) CEO Jensen Huang said it could be the next trillion-dollar company. Separately, on Wednesday, Evercore praised Marvell as a “strategic supplier” for artificial intelligence. Speaking alongside Marvell CEO Matt Murphy at the Computex show in Taipei, Huang outlined his vision on Tuesday, stating that the next phase of AI infrastructure will shift from traditional copper interconnects to optical networking technologies. “When you take a computing problem, and you disaggregate it into a lot of parts, and you distribute it across the entire data center, what’s necessary is connectivity,” Huang said . “That’s the reason why Matt’s doing so well,” Huang added, referring to Marvell CEO Matt Murphy. “That’s the reason why Marvel is so essential.” In addition to Huang's comments spurring investor optimism, Evercore analyst Mark Lipacis said he was encouraged after speaking to company executives. “We came away with greater conviction towards our bull-case [price target] of $462 as the company is increasingly viewed as a strategic supplier in both networking and XPU/XPU-Attach, and experiencing robust & burgeoning demand across an increasing set of products that should persist over multiple years, including scale-out (DSP, Ethernet Switch), scale-up (CPO, NPO), scale-across, custom XPU and XPU-attached solutions,” Lipacis wrote in a note to clients. Lipacis, who has an Overweight rating and a $251 price target on Marvell, added the company is likely to see upside to its optical networking revenue (and to some extent, switching), as it can increase supply, including “building ahead of module maker orders based on mapped architectures enabling increase from 30% to 70%+ interconnect [revenues] forecast in 6 [months].” More on Marvell and Nvidia Marvell: Assessing Jensen Huang's $1 Trillion Call Marvell Technology, Inc. (MRVL) Presents at 2026 Evercore Global TMT Confer...