Shares of materials and photonics company Coherent (NYSE:COHR) jumped 17.4% in the afternoon session after it hit an all-time high following Jensen Huang's Computex keynote, in which the Nvidia CEO specifically highlighted the accelerating demand for high-speed optical connectivity inside hyperscale AI data centers.
Shares of materials and photonics company Coherent (NYSE:COHR) jumped 17.4% in the afternoon session after it hit an all-time high following Jensen Huang's Computex keynote, in which the Nvidia CEO specifically highlighted the accelerating demand for high-speed optical connectivity inside hyperscale AI data centers.
TransMedics (NASDAQ: TMDX) has been hit hard as investors question margins, spending, and execution. But beneath the sell-off, the company's Organ Care System, aviation network, and National OCS Program could be building a deeper transplant infrastructure moat than the market rea
TransMedics (NASDAQ: TMDX) has been hit hard as investors question margins, spending, and execution. But beneath the sell-off, the company's Organ Care System, aviation network, and National OCS Program could be building a deeper transplant infrastructure moat than the market rea
vchal/iStock via Getty Images Uranium producers including Cameco ( CCJ ) and Energy Fuels ( UUUU ) surged in Tuesday's trading as Urenco USA, the only commercial-scale nuclear fuel producer in the U.S., announced plans to expand capacity to make enriched uranium by nearly 50% through a multibillion-dollar expansion project. Tallying big gains: Ur-Energy ( URG ) up 22.8%, Uranium Energy ( UEC ) up ...
vchal/iStock via Getty Images Uranium producers including Cameco ( CCJ ) and Energy Fuels ( UUUU ) surged in Tuesday's trading as Urenco USA, the only commercial-scale nuclear fuel producer in the U.S., announced plans to expand capacity to make enriched uranium by nearly 50% through a multibillion-dollar expansion project. Tallying big gains: Ur-Energy ( URG ) up 22.8%, Uranium Energy ( UEC ) up 13.6%, Energy Fuels ( UUUU ) up 10.9%, Oklo ( OKLO ) up 9.8%, NexGen Energy ( NXE ) up 9.1%, Nuscale Power ( SMR ) up 8.2%, Cameco ( CCJ ) up 7%, Denison Mines ( DNN ) up 7%, Centrus Energy ( LEU ) up 5.3%, Lightbridge ( LTBR ) up 5%, Nano Nuclear Energy ( NNE ) up 2.9%. The British, Dutch, and German consortium said it plans to expand its enrichment facility in Eunice, New Mexico, installing 2.1M separative work units of annual enrichment capacity using gas-centrifuge enrichment from its existing capacity of 4.3M SWU. Urenco's facility, which will produce low-enriched uranium that is enriched up to 5% and used in today's reactors, said it plans to install 24 cascades of centrifuges, with the initial ones operational starting in 2032 and additional ones installed through 2036. While Russia dominates the global market for uranium — the country supplied ~20% of U.S. demand two years ago — the U.S. banned imports of Russian uranium in 2024, although there are allowances for limited waivers until 2028. Also, U.S. regulators gave permission to turn the Three Mile Island nuclear power plant back on. ETFs: ( NLR ), ( URA ), ( URNM ) More on uranium and nuclear NLR: Equipped On All Sides For Nuclear Run URA: The Uranium Trade Is Entering Its Most Dangerous Phase URA: A HALO (Hard Asset Low Obsolescence) ETF
Australia's Megaport said on Wednesday it has secured four new AI infrastructure contracts with a combined total contract value of about A$458.9 million ($329.49 million), and launched a fully underwritten entitlement offer to raise A$827.3 million ($594 million). The four contracts, all with U.S.-based technology providers running AI applications, are expected to start in the first half of 202...
Australia's Megaport said on Wednesday it has secured four new AI infrastructure contracts with a combined total contract value of about A$458.9 million ($329.49 million), and launched a fully underwritten entitlement offer to raise A$827.3 million ($594 million). The four contracts, all with U.S.-based technology providers running AI applications, are expected to start in the first half of 2027 and require nearly A$369.5 million in capital expenditure, primarily for high-performance NVIDIA GPUs, network and storage infrastructure. Megaport said it would establish a globally-distributed AI inference cloud, anchored by an on-demand GPU pool backed by $350 million in investment, which will be offered to enterprise customers through contracted and consumption-based pricing models.
Nvidia (NVDA) stock closed the June 1 trading session up 6.26% at $224.36. The stock is now up about 20.3% year to date, at the time of writing, Tuesday morning, June 2. Meanwhile, the SPDR S&P 500 Index (SPY) is up about 11.24% in the same period. While Nvidia was expected to outpace the ...
Nvidia (NVDA) stock closed the June 1 trading session up 6.26% at $224.36. The stock is now up about 20.3% year to date, at the time of writing, Tuesday morning, June 2. Meanwhile, the SPDR S&P 500 Index (SPY) is up about 11.24% in the same period. While Nvidia was expected to outpace the ...
Sony ended its big State of Play showcase with a major reveal: the next God of War . The new title is called God of War Laufey , and is once again developed by Sony's Santa Monica studio. Currently, the game doesn't have a date, but it's coming to the PS5 whenever it does launch. This time, instead of perpetually furious dad Kratos, players will take control of Faye / Laufey, as the title implies....
Sony ended its big State of Play showcase with a major reveal: the next God of War . The new title is called God of War Laufey , and is once again developed by Sony's Santa Monica studio. Currently, the game doesn't have a date, but it's coming to the PS5 whenever it does launch. This time, instead of perpetually furious dad Kratos, players will take control of Faye / Laufey, as the title implies. That means that while the tone of the game seems somewhat similar to past God of War titles, the gameplay looks quite different, with much more aerobatic action punctuated by magic, instead of Kratos' heavy violence. Also, there's a giant, six-legge … Read the full story at The Verge.
atakan/iStock via Getty Images Resilience In The Face Of Some Macro Curve Balls I last covered PIMCO Dynamic Income Opportunities Fund ( PDO ) in January 2026 . I rated it a Buy at that time, expecting a couple of Fed Funds rate cuts and narrowing spreads on mortgage-backed securities (MBS) to deliver decent returns this year, if not the strong equity-like performance of 2025. The start of the Ira...
atakan/iStock via Getty Images Resilience In The Face Of Some Macro Curve Balls I last covered PIMCO Dynamic Income Opportunities Fund ( PDO ) in January 2026 . I rated it a Buy at that time, expecting a couple of Fed Funds rate cuts and narrowing spreads on mortgage-backed securities (MBS) to deliver decent returns this year, if not the strong equity-like performance of 2025. The start of the Iran war in March and its prospect of energy-driven inflation pretty much ended the chances for fed funds rate cuts and, along with it, the possibility of declining the cost of leverage. Higher long-term rates impacted the value of fund holdings, resulting in a lower net asset value (NAV). For closed-end funds, or CEFs, these types of macro events can create negative market sentiment and cause discounts to NAV to widen as well. That happened with PDO, which made a rare dip below NAV at the end of March and again briefly in mid-May. PDO Price and NAV Chart (PIMCO) The 3-month to 10-year yield curve, a proxy for the difference between investment returns and the cost of leverage, continued to steepen through mid-May but has pulled back since, in line with the 10-year Treasury ( US10Y ). A steeper yield curve is good for PDO when it means short-term rates are falling, as it leads to a lower cost of leverage and better distribution coverage. Rising long rates are more of a mixed bag. They are good for future yields on new fund investments but also result in a lower mark to market for existing investments. St. Louis Federal Reserve Despite these headwinds, PDO is down less than 1% YTD on a total return basis, about average for the taxable PIMCO CEFs, and just 60 basis points worse than the generic fixed income benchmark, the iShares Core US Aggregate Bond ETF ( AGG ). Seeking Alpha High yield fixed income, as measured by the SPDR High Yield Bond ETF ( JNK ), outperformed both PDO and AGG, as did the Angel Oak Mortgage-Backed Securities ETF ( MBS ), a fund that holds both agency and ...
Sundry Photography/iStock Editorial via Getty Images I covered Palo Alto Networks, Inc. ( PANW ) in late 2025 (check it here ). My rating for PANW stock was a Sell, as I believed that the valuation at that time was already a problem and that the high stock-based compensation (SBC from now on) diluting the shareholder was also an issue. Well, in the meantime, the stock went up 38%, showing that I w...
Sundry Photography/iStock Editorial via Getty Images I covered Palo Alto Networks, Inc. ( PANW ) in late 2025 (check it here ). My rating for PANW stock was a Sell, as I believed that the valuation at that time was already a problem and that the high stock-based compensation (SBC from now on) diluting the shareholder was also an issue. Well, in the meantime, the stock went up 38%, showing that I was wrong (or "kinda" wrong). On top of that, I saw the fiscal Q3 numbers and thought: good numbers, but I don't know if they are enough to justify good gains. The market completely disagrees with this view; in fact, in the first minutes of the after-hours PANW, the stock went up 10% (and now it is up 4%). But still, even with these better prospects brought up by the fiscal Q3, I think Palo Alto Networks is still an overvalued stock with a dilution problem. Q3 Earnings: Operationally Bullish Palo Alto managed to deliver earnings above what the market expected. But this " beat " was not even because of the Q3, but rather because of the guidance. Revenue was a beat by 2%, and adj. EPS was in line. But for the next quarter, PANW mentioned that it expects revenue of up to $3.36 billion and adj. EPS of up to $0.98. Using the top end of this outlook , we are talking about 2.4% above what the market expected for revenue and 4.3% above for EPS. Seeking Alpha At first glance, these numbers do not support the ~10% after-hours gain, but you could say it is important because it is a very good view when thinking about the short term. We are talking about Palo Alto Networks going from $3 billion in revenue to $3.36 billion in one quarter, and that is if it does not beat its own guidance. Also note in the table above that one of the KPIs (key performance indicators) in the outlook is next-gen security ARR (annual recurring revenue) of $8.95 billion. This is one of the main pillars of the case right now. It is basically the company's "modern" revenue, such as AI-based security systems and o...
Shares of semiconductor equipment maker Lam Research (NASDAQ:LRCX) jumped 4.8% in the afternoon session after Jensen Huang's (Nvidia's CEO) GTC Taipei keynote at Computex reframed how large and how long the AI chip cycle will run.
Shares of semiconductor equipment maker Lam Research (NASDAQ:LRCX) jumped 4.8% in the afternoon session after Jensen Huang's (Nvidia's CEO) GTC Taipei keynote at Computex reframed how large and how long the AI chip cycle will run.