hapabapa/iStock Editorial via Getty Images Back in late February, I upgraded Advanced Micro Devices, Inc. ( AMD ) to a strong buy rating, citing accelerating data center growth, major partnership wins, and a valuation that had sharply contracted. This is probably one of my best calls of 2026 so far. As you can see in the rating history chart just below, the stock has staged a stunning rally recent...
hapabapa/iStock Editorial via Getty Images Back in late February, I upgraded Advanced Micro Devices, Inc. ( AMD ) to a strong buy rating, citing accelerating data center growth, major partnership wins, and a valuation that had sharply contracted. This is probably one of my best calls of 2026 so far. As you can see in the rating history chart just below, the stock has staged a stunning rally recently, and as of this writing, gains total 145% since the publication of my previous update. AMD reported their 2026 Q1 earnings earlier this month, and so today, I will be providing an update to see whether the stock remains a strong buy now. Seeking Alpha Below, it is shown that AMD's business is booming as growth accelerates and their CPU business takes off. While margins saw limited improvement in Q1, guidance shows that the trajectory of growth and profitability is favorable. China is a potential uncertainty investors have to deal with, but the company is seeing fine levels of growth as it is. The valuation has expanded greatly since my previous update, but the forward P/E can still be justified by their fundamentals and prospects. Buying an excellent business at a fair valuation usually isn't a bad idea, and so it's still too early to take profits. I have decided to downgrade AMD back to a buy rating after the massive run-up in the stock, but I retain a firm bullish view at this point. Growth At Multiyear Highs Data by YCharts When taking a broad view at AMD's business activity, there are obvious positive signs. In their first quarter, the Santa Clara chip giant generated revenues of $10.3 billion, up 38% YoY. As shown in the chart above, this is an acceleration of growth from Q4 and also represents the highest growth we have seen in recent memory. Therefore, their business is clearly firing on all cylinders right now. The fact that they beat analysts top-line expectations by $336.02 million is, of course, another sign of significant outperformance. In addition, all thre...
hapabapa/iStock Editorial via Getty Images Back in late February, I upgraded Advanced Micro Devices, Inc. ( AMD ) to a strong buy rating, citing accelerating data center growth, major partnership wins, and a valuation that had sharply contracted. This is probably one of my best calls of 2026 so far. As you can see in the rating history chart just below, the stock has staged a stunning rally recent...
hapabapa/iStock Editorial via Getty Images Back in late February, I upgraded Advanced Micro Devices, Inc. ( AMD ) to a strong buy rating, citing accelerating data center growth, major partnership wins, and a valuation that had sharply contracted. This is probably one of my best calls of 2026 so far. As you can see in the rating history chart just below, the stock has staged a stunning rally recently, and as of this writing, gains total 145% since the publication of my previous update. AMD reported their 2026 Q1 earnings earlier this month, and so today, I will be providing an update to see whether the stock remains a strong buy now. Seeking Alpha Below, it is shown that AMD's business is booming as growth accelerates and their CPU business takes off. While margins saw limited improvement in Q1, guidance shows that the trajectory of growth and profitability is favorable. China is a potential uncertainty investors have to deal with, but the company is seeing fine levels of growth as it is. The valuation has expanded greatly since my previous update, but the forward P/E can still be justified by their fundamentals and prospects. Buying an excellent business at a fair valuation usually isn't a bad idea, and so it's still too early to take profits. I have decided to downgrade AMD back to a buy rating after the massive run-up in the stock, but I retain a firm bullish view at this point. Growth At Multiyear Highs Data by YCharts When taking a broad view at AMD's business activity, there are obvious positive signs. In their first quarter, the Santa Clara chip giant generated revenues of $10.3 billion, up 38% YoY. As shown in the chart above, this is an acceleration of growth from Q4 and also represents the highest growth we have seen in recent memory. Therefore, their business is clearly firing on all cylinders right now. The fact that they beat analysts top-line expectations by $336.02 million is, of course, another sign of significant outperformance. In addition, all thre...
From 38m ago 10.30 BST Iran and US have not reached agreement on strait of Hormuz, says Tehran official Iran and the US have not yet reached an agreement on the strait of Hormuz, said Ali Bagheri, Iran’s deputy secretary of the supreme national security council, according to Russia’s Ria Novosti news agency. Speaking to reporters on the sidelines of a security summit in Moscow, he said: “Until we ...
From 38m ago 10.30 BST Iran and US have not reached agreement on strait of Hormuz, says Tehran official Iran and the US have not yet reached an agreement on the strait of Hormuz, said Ali Bagheri, Iran’s deputy secretary of the supreme national security council, according to Russia’s Ria Novosti news agency. Speaking to reporters on the sidelines of a security summit in Moscow, he said: “Until we agree on all the issues, we consider that we have agreed on nothing.” He said Iran was negotiating with Oman on a new procedure for ships to pass the vital waterway, which has been effectively shut since the start of the war in February. Vessels anchored at the strait of Hormuz, as seen from Musandam, Oman. Photograph: Reuters “Iran and Oman, as adjacent coastal states, are negotiating together to determine a new mechanism for passage through the strait of Hormuz,” Bagheri was quoted as saying. When asked about Iran’s enriched uranium, he said it was “not on the agenda” in talks between Tehran and Washington, despite US president Donald Trump claiming earlier this week that it would be transferred to the US “immediately” to be destroyed. Bagheri added that indirect negotiations are continuing. Share 17m ago 10.50 BST South Korea says strike on ship in strait of Hormuz likely involved Iranian missile South Korea said a probe into an attack on a cargo ship in the strait of Hormuz assessed that it likely involved an Iranian missile. The ship, operated by South Korean shipping firm HMM Co, was struck by “two unidentified aircraft” in the strait on 4 May, causing a fire and leaving one of the vessel’s 24 crew members with minor injuries. At a briefing today to announce the outcome of a government investigation into the attack, the first vice minister of foreign affairs, Park Yoon-joo, said: “Various pieces of evidence point toward Iran.” But he added that Seoul had not conclusively determined who was responsible for the attack or whether it was intentional. View image in fullscr...
Elon Musk may seem to have the Midas touch when it comes to business. With his track record of beating the odds and creating successful businesses that can disrupt entire industries, it is tempting for investors to bet on any company that has his name attached to it. Past success, however, doesn't guarantee future results. And there are several reasons SpaceX might not live up to expectations afte...
Elon Musk may seem to have the Midas touch when it comes to business. With his track record of beating the odds and creating successful businesses that can disrupt entire industries, it is tempting for investors to bet on any company that has his name attached to it. Past success, however, doesn't guarantee future results. And there are several reasons SpaceX might not live up to expectations after its initial public offering (IPO) planned for next month. Let's dig deeper into how unprofitable artificial intelligence (AI) exposure and a highly speculative business strategy could cause the stock to underperform after its public debut. What is behind the $2 trillion valuation? SpaceX could become the largest public stock debut in history with an expected valuation of $2 trillion. To put that number in perspective, it would make SpaceX worth more than all but six public companies on the planet. Furthermore, SpaceX's potential market capitalization isn't well supported by its business fundamentals. This month, SpaceX filed its S-1 with the Securities and Exchange Commission (SEC). This document is required in the pre-IPO process, and it gives the market its first peek inside the financials of the privately held company. In 2025, SpaceX's revenue jumped 33% year over year to $18.7 billion, which is quite impressive for a company of its size. On the other hand, expenses (particularly for research and development) are also ballooning at an even faster clip, which led to operating income collapsing from a positive $466 million to a loss of $2.6 billion in the period. Investors shouldn't be too surprised that a rocket company is spending huge amounts on R&D. After all, this is a complex technology with huge regulatory and testing requirements. However, a rising portion of SpaceX's spending is going toward a much more speculative and arguably less beneficial part of its business -- generative AI. Generative AI could become a money pit According to the S-1 filing, SpaceX's AI ...
Key Points SpaceX has become a speculative bet on generative AI. The company's ambitious plan to put data centers in space might not pass the common sense test. These 10 stocks could mint the next wave of millionaires › Elon Musk may seem to have the Midas touch when it comes to business. With his track record of beating the odds and creating successful businesses that can disrupt entire industrie...
Key Points SpaceX has become a speculative bet on generative AI. The company's ambitious plan to put data centers in space might not pass the common sense test. These 10 stocks could mint the next wave of millionaires › Elon Musk may seem to have the Midas touch when it comes to business. With his track record of beating the odds and creating successful businesses that can disrupt entire industries, it is tempting for investors to bet on any company that has his name attached to it. Past success, however, doesn't guarantee future results. And there are several reasons SpaceX might not live up to expectations after its initial public offering (IPO) planned for next month. Let's dig deeper into how unprofitable artificial intelligence (AI) exposure and a highly speculative business strategy could cause the stock to underperform after its public debut. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » What is behind the $2 trillion valuation? SpaceX could become the largest public stock debut in history with an expected valuation of $2 trillion. To put that number in perspective, it would make SpaceX worth more than all but six public companies on the planet. Furthermore, SpaceX's potential market capitalization isn't well supported by its business fundamentals. This month, SpaceX filed its S-1 with the Securities and Exchange Commission (SEC). This document is required in the pre-IPO process, and it gives the market its first peek inside the financials of the privately held company. In 2025, SpaceX's revenue jumped 33% year over year to $18.7 billion, which is quite impressive for a company of its size. On the other hand, expenses (particularly for research and development) are also ballooning at an even faster clip, which led to operating income collapsing from a positive $466 million to a loss of $2...
Euronext NV is considering changes to its planned overhaul of data fees, which critics have said would raise the cost of crucial trading information for some market participants. The exchange operator’s plan to update its pricing structure to comply with new European Union regulation sparked pushback as market participants complained of potentially uneven pricing and higher costs, particularly for...
Euronext NV is considering changes to its planned overhaul of data fees, which critics have said would raise the cost of crucial trading information for some market participants. The exchange operator’s plan to update its pricing structure to comply with new European Union regulation sparked pushback as market participants complained of potentially uneven pricing and higher costs, particularly for alternative trading venues that compete with Euronext. The company is engaging with customers about the new prices, which are slated to go into effect in October, and “has not yet decided whether to revise its fee schedule or not,” a Euronext spokesperson said in an emailed statement. In a letter to Euronext reviewed by Bloomberg News, the Association for Financial Markets in Europe raised concerns about the wide variation in fees charged to different categories of clients, saying alternative trading venues and systematic internalizers — which match orders for clients on their own books — are seen as facing the biggest hikes. While the new fee model would cost some clients more and some users less, it’s seen as revenue-neutral for the exchange operator and isn’t intended to disadvantage any specific category of customer, the Euronext spokesperson said. The fee revamp came on the back of new European Union regulation intended to improve access and transparency, which is prompting market data providers across the region to update their pricing models. The cost of data that market participants rely on to do their jobs — like stock and bond prices — has been a point of contention between exchanges and their customers for years, but the new EU rules have brought the conflict to the fore. For the latest news on equity capital markets activity in Europe, the Middle East and Africa, follow the channel or visit NI BFWECMEU . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here . AFME’s letter, which was sent to Euronext in April, was also...
Advanced Micro Devices Stock is pressing higher, closing at 503.89 after testing 506.96. Bulls control the tape, but the 513–514 zone is a hot ceiling. The bias stays bullish; the next leg likely needs brief consolidation or a clean break through resistance. AMD — daily chart with candlesticks, EMA20/EMA50 and volume. Advanced Micro Devices Stock: Daily Trend and Structure On the daily chart, pric...
Advanced Micro Devices Stock is pressing higher, closing at 503.89 after testing 506.96. Bulls control the tape, but the 513–514 zone is a hot ceiling. The bias stays bullish; the next leg likely needs brief consolidation or a clean break through resistance. AMD — daily chart with candlesticks, EMA20/EMA50 and volume. Advanced Micro Devices Stock: Daily Trend and Structure On the daily chart, price sits far above the 20/50/200-day EMAs at 413.6/341.48/242.96. The uptrend is robust, and trend followers remain in control. Daily momentum runs hot. RSI14 = 77.07. MACD is above signal with a modest histogram near 0.98. Bollinger center is 414.36, and the upper band sits near 514.33. Price is riding that upper band into the 513–514 ceiling. Volatility is elevated. ATR14 = 32.52. The daily pivot is 497.03, with R1 = 513.82 and S1 = 487.09. Therefore, the 497.03–513.82 band frames the immediate battleground, while 487.09 marks the first deeper pullback area. Intraday Technicals: 1H Strength, 15-Minute Digestion Meanwhile, intraday structure backs the daily bias. On the 1H chart, EMAs at 476.2/454.9/386.24 are stacked higher. RSI14 = 76.33. The MACD histogram is +2.78. The Bollinger upper band sits near 515.26. ATR14 = 9.39. The hourly pivot is 504.09, with R1 = 505.48 and S1 = 502.24. Price is stalling just under a tight 504–506 cap, leaving room for swift two-way swings. However, the 15-minute tape shows digestion. EMAs at 496.62/483.76/455.99 remain supportive, but RSI14 ≈ 71.47 is cooling. The MACD histogram has ticked negative at -0.20. The upper band is 506.46 and ATR14 = 3. With the pivot at 504.09, R1 = 505.48, and S1 = 502.24, brief dips toward 502–503 are favored before fresh attempts higher. News and Sentiment Context for Advanced Micro Devices Stock Notably, news flow skews toward AI-driven demand and product catalysts, with multiple outlets highlighting upside. Separate coverage flagged selling by a high-profile fund manager in AMD and TSMC. Therefore, sentiment...
The Lewis family have promised to rebuild trust with Tottenham supporters and said they are “all in” to bring about meaningful change after back-to-back 17th-place finishes in the Premier League. Fans have frequently directed anger at the majority owner, Enic, which is run by the Lewis family, and the chief executive, Vinai Venkatesham, after 12 months of enormous change. In September the long-ser...
The Lewis family have promised to rebuild trust with Tottenham supporters and said they are “all in” to bring about meaningful change after back-to-back 17th-place finishes in the Premier League. Fans have frequently directed anger at the majority owner, Enic, which is run by the Lewis family, and the chief executive, Vinai Venkatesham, after 12 months of enormous change. In September the long-serving chair Daniel Levy, who had been the key decision-maker, was invited to step down after the Lewis family commissioned a review at the start of 2025. In a letter to Tottenham fans, the Lewis family said they were “bitterly disappointed” with recent seasons and accepted ultimate responsibility for the current situation. They promised a rebuild had started and that investment would bring about “deep” change. “Finishing 17th this and last season does not reflect the stature or potential of this football club,” they said. “We are bitterly disappointed and share your frustration. You, and we, expect more than this. We know this must never happen again. “Our approach to running the club is, and has been, to trust the experts to do that, while backing them to be successful. The problems we found were deeper than we realised and were allowed to build over the last few years. We know that has eroded trust and we have to win that back. As owners, we take ultimate responsibility for the situation in which the club finds itself. “We also take responsibility for rebuilding Spurs. Our ambition is to recapture the spirit of the club and bring back the excitement, the fearlessness and the bold football we have always felt defined us. “That means football comes first. The board and executive team have laid out their plans to meet this ambition. This will require investment – in our teams, the academy, our backroom functions and more – and we are fully committed to this. “We are not selling the club. We are all in. We are investing in it. You will see more of this in the coming months. We...
(RTTNews) - The Bank Of Nova Scotia (BNS) announced a profit for its second quarter that Increases, from the same period last year The company's bottom line totaled C$2.468 billion, or C$2 per share. This compares with C$1.841 billion, or C$1.48 per share, last year. Excluding items, The Bank Of Nova Scotia reported adjusted earnings of C$2.488 billion or C$2.02 per share for the period. The compa...
(RTTNews) - The Bank Of Nova Scotia (BNS) announced a profit for its second quarter that Increases, from the same period last year The company's bottom line totaled C$2.468 billion, or C$2 per share. This compares with C$1.841 billion, or C$1.48 per share, last year. Excluding items, The Bank Of Nova Scotia reported adjusted earnings of C$2.488 billion or C$2.02 per share for the period. The company's revenue for the period rose 8.3% to C$9.837 billion from C$9.080 billion last year. The Bank Of Nova Scotia earnings at a glance (GAAP) : -Earnings: C$2.468 Bln. vs. C$1.841 Bln. last year. -EPS: C$2 vs. C$1.48 last year. -Revenue: C$9.837 Bln vs. C$9.080 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Ukraine Donor Fatigue: Half Of Countries Withdraw From Czech Ammunition Initiative According to Czech President Petr Pavel, a full half of the Kiev-supporting Western coalition has quietly abandoned Prague's flagship initiative to jointly procure artillery ammunition for Ukraine's military . Pavel said that while 18 countries participated last year, only nine are still making financial contributio...
Ukraine Donor Fatigue: Half Of Countries Withdraw From Czech Ammunition Initiative According to Czech President Petr Pavel, a full half of the Kiev-supporting Western coalition has quietly abandoned Prague's flagship initiative to jointly procure artillery ammunition for Ukraine's military . Pavel said that while 18 countries participated last year, only nine are still making financial contributions now . "This initiative has been delivering up to 50 per cent of all large caliber ammunition to the Ukrainians, so in this sense it cannot be replaced easily by anything else," the FT on Tuesday quoted the Czech president as saying. via Globesec It's unclear precisely which precise countries have dropped participation, but reports indicate that Germany and some Scandinavian countries remain involved. But the program is now teetering on life support as donor fatigue morphs into outright abandonment, and also as the Ukraine conflict has mostly slipped from driving world headlines, as attention has turned to the US-Israeli war in Iran instead, alongside the Hormuz Strait standoff and global crude crisis. When Pavel first launched the initiative in 2024, 18 countries - including Canada, Denmark, Germany, and the Netherlands - enthusiastically led the way and jumped on board. But he conceded this week, "The initiative is still working, but the new difficulty is that only about nine member states are contributing financially." NATO officials have confirmed to Reuters that as of February, the scheme had only managed to crawl to €1.4 billion ($1.62 billion) in total funding, which is less than a third of the €5 billion Pavel originally projected . Ukraine has struggled with persistent artillery deficits since early 2022, while Russia has been well supplied, and its frontline forces are able to fire at many times the rate of Ukrainian artillery units. As for the Czech program, which involved officials scouring the globe to source immense supplies of badly needed artillery shells,...
Most investors know S&P Global (SPGI 1.23%) as one of the world's leading credit rating businesses. But over the years, the company has evolved into something more than that. Today, S&P Global spans benchmark indexes, commodity intelligence, enterprise analytics, and automotive intelligence through its Mobility division. And that last segment may be creating an interesting opportunity for sharehol...
Most investors know S&P Global (SPGI 1.23%) as one of the world's leading credit rating businesses. But over the years, the company has evolved into something more than that. Today, S&P Global spans benchmark indexes, commodity intelligence, enterprise analytics, and automotive intelligence through its Mobility division. And that last segment may be creating an interesting opportunity for shareholders. Why? Because S&P Global is preparing to spin off its Mobility business into a separate publicly traded company. In many ways, investors may effectively be getting a "buy one, get one free" deal: ownership in S&P Global's core financial infrastructure platform, while also receiving exposure to a stand-alone automotive intelligence business that the market may not yet fully appreciate. S&P Global has quietly evolved far beyond ratings For years, S&P Global's identity was tied closely to credit ratings. That business still matters enormously today. Whenever corporations or governments issue bonds, investors often rely on S&P's ratings to evaluate risk. But the company has gradually transformed into something much larger. Today, S&P Global also owns benchmark index businesses tied to trillions of dollars in exchange-traded funds (ETFs) and passive investment products. It operates major commodity pricing platforms and enterprise analytics systems used throughout global financial markets. In other words, the company has built an ecosystem deeply embedded in capital markets, investment workflows, and institutional decision-making. That creates an unusually strong business model. For instance, as passive investing continues to expand globally, S&P benefits from licensing revenue tied to its index platforms. Similarly, as financial markets grow and become more complex, demand for ratings and financial analytics tends to rise. Importantly, many of these operations generate recurring revenue, have high switching costs, and exhibit strong operating leverage. That is why S&P Globa...
Rocket Lab Today RKLB Rocket Lab $142.55 -0.65 (-0.45%) 52-Week Range $25.24 ▼ $150.85 Price Target $97.19 Add to Watchlist Rocket Lab NASDAQ: RKLB is not a company that stays out of the news for long. The stock closed Tuesday at $143.20, up over 105% year-to-date. The momentum behind the name has been extraordinary over the last year. Get Rocket Lab alerts: Sign Up And more recently, over the pri...
Rocket Lab Today RKLB Rocket Lab $142.55 -0.65 (-0.45%) 52-Week Range $25.24 ▼ $150.85 Price Target $97.19 Add to Watchlist Rocket Lab NASDAQ: RKLB is not a company that stays out of the news for long. The stock closed Tuesday at $143.20, up over 105% year-to-date. The momentum behind the name has been extraordinary over the last year. Get Rocket Lab alerts: Sign Up And more recently, over the prior two weeks, a rapid succession of catalysts has reinforced why Rocket Lab remains one of the most closely watched companies in the entire space sector and across the broader market. Let’s take a closer look at each headline and catalyst that has helped catapult the stock higher in recent days and weeks. Motiv Space Systems Acquisition Completed Rocket Lab recently confirmed the completion of its acquisition of Motiv Space Systems, the robotics and precision-mechanisms specialist, first announced alongside Q1 2026 earnings. Motiv brings Mars-proven heritage in space robotics, including solar array drive assemblies, robotic arms, and precision mechanisms that have powered some of NASA's most demanding planetary missions. The acquisition fills a critical gap in Rocket Lab's vertical integration strategy, adding in-house supply-constrained spacecraft components essential to the kind of complex, multi-orbit missions the company is increasingly winning. It is the same disciplined playbook Rocket Lab has executed consistently: identify a bottleneck, bring the capability inside, and embed it across programs and customer contracts. The announcement of the completed acquisition helped boost the stock's price in after-hours trading on Tuesday and early Wednesday morning. SpaceX Files Its S-1, and the Sector Lights Up On May 21, SpaceX published its long-awaited IPO prospectus, seeking to raise up to $75 billion at a valuation that could reach $2 trillion, making it the largest IPO in history. The filing sent a wave of excitement through the entire space sector. For Rocket Lab specif...
Key Points Archer Aviation is a front-runner in the eVTOL space. It recently completed phase three of a four-phase FAA certification process. A lot of hype is pushing this stock forward, but plenty of execution risks and unknowns remain. 10 stocks we like better than Archer Aviation › Archer Aviation (NYSE: ACHR) is in the business of making flying cars -- or rather, flying shuttles -- to help peo...
Key Points Archer Aviation is a front-runner in the eVTOL space. It recently completed phase three of a four-phase FAA certification process. A lot of hype is pushing this stock forward, but plenty of execution risks and unknowns remain. 10 stocks we like better than Archer Aviation › Archer Aviation (NYSE: ACHR) is in the business of making flying cars -- or rather, flying shuttles -- to help people avoid traffic jams in major cities and save a serious amount of time. Picture a small electric aircraft lifting straight up from a rooftop and flying to your destination in 10 minutes or less. That's Archer's vision. It's not as thrilling as a Disney theme park ride, but it could feel as satisfying as skipping a three-hour line in the Lightning Lane. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Speaking of Disney -- or rather, magic -- Archer's vision has the makings of a great story, yet outside the imagination, very little of its business has taken off. Mostly pre-revenue, without FAA certification in hand, the only thing keeping Archer afloat is the patent for its Midnight aircraft -- a four-seater (five with pilot) that will hopefully zip above cities en route to airports and major urban ports. Well, we can hope that day will come. And if it does, this sub-$7 stock could undergo a radical transformation. Chasing certification The first thing to know about Archer Aviation, other than its traffic-ending vision of flying cars, is the progress it's making on the FAA certification timeline. Earlier in May, Archer became the first eVTOL (electric vertical takeoff and landing) company to complete phase three of the FAA's four-step certification process. That was good news for toe-tapping investors waiting for some progress on the regulatory front, and it allows Archer to physically test its aircraft u...