Micron said its memory and storage products remain central to growing AI demand across data centers, industrial systems, and automotive applications. U.S. Secretary of Commerce Howard Lutnick said Micron’s investment would help expand domestic semiconductor production and support advanced manufacturing growth in the U.S. The move is part of Micron’s $200 billion U.S. investment plan to expand dome...
Micron said its memory and storage products remain central to growing AI demand across data centers, industrial systems, and automotive applications. U.S. Secretary of Commerce Howard Lutnick said Micron’s investment would help expand domestic semiconductor production and support advanced manufacturing growth in the U.S. The move is part of Micron’s $200 billion U.S. investment plan to expand domestic semiconductor manufacturing. The company said the more than $2 billion Virginia expansion will quadruple DDR4 wafer supply and support industries, including automotive, defense, aerospace, and medical devices. Micron expects qualified 1α DRAM production from the site by the end of calendar 2026. The company also said its broader U.S. projects in Virginia, Idaho, and New York are expected to create about 90,000 jobs. MU Technical Outlook: Momentum And Key Support Levels From a longer-term trend perspective, MU remains in a steep uptrend. It’s trading 16.3% above its 20-day SMA ($656.03), 49% above its 50-day SMA ($512.10), and 138.9% above its 200-day SMA ($319.34). That kind of separation typically signals strong trend control, but it also raises the bar for fresh upside—pullbacks can get sharper when buyers pause. The moving-average structure is still constructive, with the 20-day SMA above the 50-day SMA (bullish) and a golden cross (50-day SMA above the 200-day SMA) that occurred in June 2025. In plain terms, those crossovers suggest the longer-term trend is still pointed up, even if the stock chops around in the short run. For momentum, MACD is the cleaner read right now. It’s below its signal line, and the histogram is negative, which points to cooling upside pressure versus the prior upswing. That doesn’t “break” the uptrend by itself, but it does increase the odds that MU needs consolidation or a pullback before the next leg higher. Price-wise, MU is also trading just under its 52-week high ($818.67), which can act like an overhead supply zone as early buyers ta...
The prince has also viewed the construction site of 10 new sustainable homes being delivered by the Duchy of Cornwall with the aim of tackling housing pressures and supporting the local workforce to remain on the island. They will be prioritised for people who have lived on the islands for more than five years or who currently work there.
The prince has also viewed the construction site of 10 new sustainable homes being delivered by the Duchy of Cornwall with the aim of tackling housing pressures and supporting the local workforce to remain on the island. They will be prioritised for people who have lived on the islands for more than five years or who currently work there.
Cisco is benefiting from strong demand for AI infrastructure and campus networking solutions. Networking product orders continued to accelerate, growing more than 50% in the third quarter of fiscal 2026, driven by triple-digit growth in service provider routing and compute and double-digit growth in data center switching, campus switching, wireless, enterprise routing and industrial IoT products. ...
Cisco is benefiting from strong demand for AI infrastructure and campus networking solutions. Networking product orders continued to accelerate, growing more than 50% in the third quarter of fiscal 2026, driven by triple-digit growth in service provider routing and compute and double-digit growth in data center switching, campus switching, wireless, enterprise routing and industrial IoT products. AI infrastructure orders taken from hyperscalers totaled $1.9 billion in the reported quarter compared to $600 million in the year-ago quarter, with strong growth across Silicon One systems and market-leading Acacia Optics. Total product orders increased 35% year over year overall and 19% excluding hyperscalers, indicating broad-based demand strength in the third quarter of fiscal 2026. Order from hyperscalers jumped triple digits, with product orders from enterprise, public sector, as well as service provider and cloud customers rising 18%, 27%, and 105% year over year, respectively. Year to date, hyperscaler AI orders have already reached $5.3 billion. Telco orders grew 9% as customers prepare their networks to handle the scale, speed and complexity of AI. Cisco emphasized that customers are upgrading networks to support inferencing, agentic AI workloads, and higher traffic volumes. Wi-Fi 7 adoption is accelerating quickly, representing half of the wireless mix in the third quarter of fiscal 2026. Cisco raised its fiscal 2026 hyperscaler AI infrastructure order outlook from $5 billion to $9 billion and increased expected AI infrastructure revenues from $3 billion to $4 billion. Management highlighted strong momentum in Silicon One systems and Acacia optics, along with five new hyperscaler design wins during the quarter. Cisco repeatedly emphasized Silicon One as a major competitive advantage with hyperscalers because it improves supply chain control and performance differentiation. Acacia optics surpassed $1 billion in quarterly orders, and Cisco has already shipped more ...
The dollar index (DXY00) today is up +0.15%, just below Thursday's 6-week high. The dollar is supported by hawkish comments from Fed Governor Christopher Waller, who said he supports a Fed rate increase if inflation doesn't soon slow. Gains in the dollar are limited by today's downward revision to the University of Michigan’s May US consumer sentiment index to a record low. Also, today's rally in ...
The dollar index (DXY00) today is up +0.15%, just below Thursday's 6-week high. The dollar is supported by hawkish comments from Fed Governor Christopher Waller, who said he supports a Fed rate increase if inflation doesn't soon slow. Gains in the dollar are limited by today's downward revision to the University of Michigan’s May US consumer sentiment index to a record low. Also, today's rally in stocks curbs liquidity demand for the dollar. The University of Michigan’s May US consumer sentiment index was revised lower to a record low of 44.8 (data from 1978), weaker than expectations of no change at 48.2. Join 200K+ Subscribers: The University of Michigan’s US May 1-year inflation expectations rate was revised upward to a 9-month high of +4.8% from +4.5%, stronger than the +4.6% expected. Also, May 5-10 year inflation expectations rate was revised upward to a 7-month high of +3.9%, stronger than expectations of no change at +3.4%. Fed Governor Christopher Waller said he supports making clear that the Fed's next interest rate move is just as likely to be an increase as "inflation is not headed in the right direction." Swaps markets are discounting the odds at 0% for a 25 bp rate cut at the next FOMC meeting on June 16-17. EUR/USD (^EURUSD) is down by -0.21% today, just above Thursday's 6-week low. The dollar's strength today is undercutting the euro. However, today's news showing stronger-than-expected German May IFO business confidence and German Jun GfK consumer confidence was supportive for the euro. Also, hawkish comments today from ECB Governing Council member Alexander Demarco were bullish for the euro when he said the ECB will probably need to hike interest rates at its June meeting. The German May IFO business confidence index unexpectedly rose +0.4 to 84.9, stronger than expectations of a decline to 84.2. The German Jun GfK consumer confidence index unexpectedly rose +3.3 to -29.8, stronger than expectations of a decline to -34.0. ECB Governing Council memb...
Super Micro Computer, Inc. ( SMCI ) experienced significant volatility after delivering mixed fiscal third-quarter 2026 results. While the company missed revenue expectations by 17%, it managed to beat non-GAAP EPS estimates by roughly 33% thanks to a sharp rebound in gross margins to 10.1% from the previous quarter’s 6.4%. Still, despite the bottom-line beat, investor sentiment remains divided as...
Super Micro Computer, Inc. ( SMCI ) experienced significant volatility after delivering mixed fiscal third-quarter 2026 results. While the company missed revenue expectations by 17%, it managed to beat non-GAAP EPS estimates by roughly 33% thanks to a sharp rebound in gross margins to 10.1% from the previous quarter’s 6.4%. Still, despite the bottom-line beat, investor sentiment remains divided as the company balances explosive AI-driven growth against severe cash flow challenges and ongoing regulatory scrutiny. What Do Seeking Alpha Analysts Say About Super Micro Computer’s Future? The analyst community is currently split between those who see a value opportunity in AI infrastructure and those who fear a broken business model. Supportive investors pointed to Super Micro’s strategic position in the AI data center market, noting that over 80% of revenue now comes from AI GPU systems. They highlighted the company’s Data Center Building Block Solutions (DCBBS) and advanced direct liquid cooling (DLC) technology as key competitive advantages. Optimistic projections suggest revenue could grow from $40 billion toward $60 billion by fiscal year 2028, supported by an attractive forward P/E ratio of roughly 12.9x to 13.7x. Customer concentration also improved significantly, dropping from 63% to 27%, with enterprise channel revenue growing 45% sequentially. Concerned investors, however, highlighted operating cash flow that collapsed to negative $6.6 billion. They expressed deep concern over surging working capital needs, with inventories reaching $11.1 billion and debt levels rising materially—net debt now stands at $7.5 billion. Furthermore, they argued that the recent margin recovery to 10.1% may be temporary, as Q4 guidance proposes a sequential contraction to the 8.2% to 8.4% range due to cost pressures and the exhaustion of low-margin inventory benefits. Some analysts also raised red flags regarding governance, citing previous auditor resignations, delayed earnings filin...
Richard Drury/DigitalVision via Getty Images By Sophie Ware and George Caughey Catastrophe bonds offer investors an attractive risk-adjusted and absolute return profile, in our view, that is structurally uncorrelated to traditional asset classes and historically less sensitive to broader market volatility. It has been a remarkable three years for catastrophe bonds: The Swiss Re Cat Bond Index 1 po...
Richard Drury/DigitalVision via Getty Images By Sophie Ware and George Caughey Catastrophe bonds offer investors an attractive risk-adjusted and absolute return profile, in our view, that is structurally uncorrelated to traditional asset classes and historically less sensitive to broader market volatility. It has been a remarkable three years for catastrophe bonds: The Swiss Re Cat Bond Index 1 posted double-digit returns in each of 2023, 2024 and 2025, all while navigating active North Atlantic hurricane seasons and the most destructive California wildfires on record. For investors seeking genuine diversification, we believe the asset class has made a compelling case for itself. Cat bonds are an alternative risk-transfer instrument used, primarily, by insurance and reinsurance companies, and increasingly, by both public and private organizations, to transfer specific natural and, less commonly, non-natural catastrophe risk to the capital markets. These instruments are typically offered as 144A 2 floating rate principal-at-risk notes, with maturities of one to five years, and contain specific definitions on the perils and geographies that are covered (also known as “peril regions” 3 ), as detailed in transaction offering documents. Investors receive quarterly or monthly coupons for the term of the bond, made up from the return on the collateral (hence the floating rate) plus the spread (the risk premium) paid by the counterparty (the “sponsor” or “cedant”) to transfer the risk. 4 The cat bond market, which currently sits at $63.9 billion of total notional outstanding, continues to grow at a steady pace, as shown in the display below. Along with the return of seasoned repeat issuers, 2025 saw a record 20 first-time sponsors issuing inaugural bonds. Various factors are driving sponsors to increasingly seek additional catastrophe risk coverage via capital markets, including portfolio policy growth, inflationary pressure on the value of risks insured and heightened regu...
The Canadian prime minister, Mark Carney, has said that Alberta is “essential” to the country’s future, hours after the province’s leader moved the oil-rich region closer toward a referendum on independence. Separatists in the western province spent months collecting signatures seeking to trigger a binding October vote on seceding from the nation. On 4 May, they delivered their petition to provinc...
The Canadian prime minister, Mark Carney, has said that Alberta is “essential” to the country’s future, hours after the province’s leader moved the oil-rich region closer toward a referendum on independence. Separatists in the western province spent months collecting signatures seeking to trigger a binding October vote on seceding from the nation. On 4 May, they delivered their petition to provincial officials, insisting they had collected more than enough names to force a vote under Alberta law. But an Alberta judge shut down the process, saying the citizens’ initiative was invalid because the separatists had failed to consult with Indigenous groups whose rights could be threatened if the province separated from Canada. In an address late on Thursday, Alberta’s premier, Danielle Smith, called the judge’s decision “erroneous”, charging that it “interferes with the democratic rights of hundreds of thousands of Albertans”. Smith, a conservative whose political coalition includes separatists, said she supports “Alberta remaining in Canada”. But she insisted she would not let “a legal mistake by a single judge” quash a debate that needed to take place. “It’s time to have a vote, understand the will of Albertans on this subject and move on,” she said. In October, she plans to ask Albertans if they want her government “to commence the legal process necessary to hold a binding referendum” on independence. Smith said she had structured her question such that it does not violate the judge’s ruling, because it “does not directly trigger separation”. Carney, who spent most of his childhood in Alberta, responded on Friday in a taped video address from Parliament Hill. “Canada is the greatest country in the world, but it can be better, and we’re working on making it better. We’re working with Alberta on making it better,” he said. Alberta “is essential” to Canada’s future, he added. Polls show that roughly 30% of Alberta’s 5 million people support independence, a record-high fig...
At the 24% federal bracket, a portfolio throwing off $42,000 in dividend income hands roughly $10,080 to the IRS every year. Inside a Roth, that number goes to zero. The math is identical on both sides of the fence. The wrapper is the only variable. That is the entire premise of asset location: put the ... The Tax Math That Makes These Dividend Stocks Worth $10,080 More Per Year
At the 24% federal bracket, a portfolio throwing off $42,000 in dividend income hands roughly $10,080 to the IRS every year. Inside a Roth, that number goes to zero. The math is identical on both sides of the fence. The wrapper is the only variable. That is the entire premise of asset location: put the ... The Tax Math That Makes These Dividend Stocks Worth $10,080 More Per Year
Rising interest rates won't stop companies such as Alphabet's (GOOG, GOOGL) Google, Amazon (AMZN) an Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Rising interest rates won't stop companies such as Alphabet's (GOOG, GOOGL) Google, Amazon (AMZN) an Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Key Points LINK’s price has dropped 80% from its all-time high. But it could bounce back as Chainlink’s network expands. 10 stocks we like better than Chainlink › LINK (CRYPTO: LINK), the native token of the Chainlink network, reached its record high of $52.88 just over five years ago. At the time, its market cap nearly reached $22 billion. But today, LINK trades at less than $10 with a market cap...
Key Points LINK’s price has dropped 80% from its all-time high. But it could bounce back as Chainlink’s network expands. 10 stocks we like better than Chainlink › LINK (CRYPTO: LINK), the native token of the Chainlink network, reached its record high of $52.88 just over five years ago. At the time, its market cap nearly reached $22 billion. But today, LINK trades at less than $10 with a market cap of $7 billion. Let's see why it pulled back, and why it could nearly triple in value to $20 billion within the next five years. 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 » Why is LINK different from other cryptocurrencies? Chainlink is a decentralized oracle network that delivers live, real-world data -- including weather reports, stock tickers, sports scores, and shipping information -- to blockchains. Chainlink's independent node operators fetch and deliver that data in exchange for LINK tokens, which they can stake (lock up) as collateral to earn interest-like rewards. But if they ever feed false data into the network, those holdings can be confiscated, while their reputation scores -- which are essential for receiving new requests -- will be reduced. Many developer-oriented blockchains, including Ethereum (CRYPTO: ETH), use Chainlink's data to power their decentralized applications. As of last October, it's secured more than $100 billion in total value across those decentralized applications. That expansion could make LINK more valuable as it drives its node operators to aggregate more data. Why could LINK triple in value over the next five years? LINK was launched in 2017 with a fixed maximum supply of 1 billion tokens, but not all of those tokens were initially circulated. Instead, its tokens were gradually unlocked to enable Chainlink to fund its own operations, pay node operators, and pay sta...
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, CrowdStrike Holdings Inc (Symbol: CRWD) has taken over the #72 spot from Netflix Inc (Symbol: NFLX), according to ETF Channel . Below is a chart of CrowdStrike Holdings Inc versus Netflix Inc plotting their respective rank within the S&P 500 over time (CRWD plotted in blue; NFLX plotted in ...
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, CrowdStrike Holdings Inc (Symbol: CRWD) has taken over the #72 spot from Netflix Inc (Symbol: NFLX), according to ETF Channel . Below is a chart of CrowdStrike Holdings Inc versus Netflix Inc plotting their respective rank within the S&P 500 over time (CRWD plotted in blue; NFLX plotted in green): Below is a three month price history chart comparing the stock performance of CRWD vs. NFLX: CRWD is currently trading up about 2.9%, while NFLX is down about 0.5% midday Friday. Favorites » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, CrowdStrike Holdings is now the #41 analyst pick, moving up by 1 spot. This rank is formed by averaging the analyst opinions for each component from each broker, and then ranking the 500 components by those average opinion values. Looking at the stock price movement year to da...
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, CrowdStrike Holdings is now the #41 analyst pick, moving up by 1 spot. This rank is formed by averaging the analyst opinions for each component from each broker, and then ranking the 500 components by those average opinion values. Looking at the stock price movement year to date, CrowdStrike Holdings is showing a gain of 4.4%. VIDEO: S&P 500 Analyst Moves: CRWD The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Shares of BlackBerry (NYSE:BB) are up 18% in midday trading Friday, leading a sharp rotation into automotive AI software names. Mobileye (NASDAQ:MBLY) stock is higher by 4%, Aurora Innovation (NASDAQ:AUR) stock is climbing 2%, and NVIDIA (NASDAQ:NVDA) is down 1%. The dispersion is striking. Year to date, BlackBerry stock has surged 107% and Aurora Innovation ... BlackBerry Soars 18%, Mobileye Clim...
Shares of BlackBerry (NYSE:BB) are up 18% in midday trading Friday, leading a sharp rotation into automotive AI software names. Mobileye (NASDAQ:MBLY) stock is higher by 4%, Aurora Innovation (NASDAQ:AUR) stock is climbing 2%, and NVIDIA (NASDAQ:NVDA) is down 1%. The dispersion is striking. Year to date, BlackBerry stock has surged 107% and Aurora Innovation ... BlackBerry Soars 18%, Mobileye Climbs 4%, Aurora Innovation Rises 2% While NVIDIA Drifts: Automotive AI Trade Picks a New Leader
Shares of Inovio Pharmaceuticals ( INO ) traded higher on Friday after its partner in China, ApolloBio, succeeded in a Phase 3 pivotal trial for its therapeutic DNA vaccine, VGX-3100, against cervical dysplasia. Based on topline data, the Chinese biomedical company announced that the China-based trial met its predefined primary efficacy endpoint and indicated a favorable safety and tolerability pr...
Shares of Inovio Pharmaceuticals ( INO ) traded higher on Friday after its partner in China, ApolloBio, succeeded in a Phase 3 pivotal trial for its therapeutic DNA vaccine, VGX-3100, against cervical dysplasia. Based on topline data, the Chinese biomedical company announced that the China-based trial met its predefined primary efficacy endpoint and indicated a favorable safety and tolerability profile for VGX-3100 with no new safety concerns. The trial, which ran across 22 leading tertiary hospitals, is expected to provide a basis for ApolloBio's plans to seek regulatory approval for the drug in China. Licensed by ApolloBio for marketing in Greater China, VGX-3100 is designed to target human papillomavirus, the microbe responsible for the most common sexually transmitted infection. Inovio ( INO ) is entitled to receive up to $20M in milestone payments in addition to tiered royalties on net sales if ApolloBio secures approval for VGX-3100 in the specified territories. More on Inovio Pharmaceuticals Inovio Pharmaceuticals, Inc. 2026 Q1 - Results - Earnings Call Presentation Inovio: All Eyes On INO-3107 As Binary FDA Decision Looms Inovio Pharmaceuticals, Inc. (INO) Q1 2026 Earnings Call Transcript Inovio outlines cash runway into Q1 2027 as INO-3107 targets October 30, 2026 PDUFA date Inovio Pharmaceuticals GAAP EPS of -$0.28 beats by $0.07
Key Points Swiss banks were once proposed as the most discreet and private way to do banking. Zcash is now being proposed as the most private way to hold value in crypto. For investors, the coin's supply policy is just as important to understand as its privacy features. 10 stocks we like better than Zcash › The argument that a cryptocurrency is like having a "Swiss bank account in your pocket" has...
Key Points Swiss banks were once proposed as the most discreet and private way to do banking. Zcash is now being proposed as the most private way to hold value in crypto. For investors, the coin's supply policy is just as important to understand as its privacy features. 10 stocks we like better than Zcash › The argument that a cryptocurrency is like having a "Swiss bank account in your pocket" has been kicking around crypto for more than a decade now, first as a pitch for Bitcoin, and more recently, as a pitch for Zcash (CRYPTO: ZEC). It's certainly a catchy phrase, alluding to the supposedly higher standards of privacy afforded to individuals who use notoriously tight-lipped Swiss banks for wealth management. At its core, Zcash has much of the same supply policy as Bitcoin, and an additional set of optional privacy features. So does that mean it really could deliver on the concept of being a private bank at investors' fingertips? 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 » Privacy reinforces the scarcity thesis with this asset Actual Swiss banks haven't been fully anonymous for years, and the era of accounts with no paper trail is long gone. Plus, as Zcash is presently only accessible to most non-crypto native investors as an asset to purchase from a centralized crypto exchange, the utility of its privacy features is easy to overstate. If you buy $100 of Zcash on an exchange and then transfer it to an off-exchange wallet that keeps your transactions and balances private, there is still no hiding the fact that you initially bought the coin and transferred it. Nonetheless, if we let go of the Swiss banking narrative as being a poor fit to reality, there's an important wrinkle about the coin's supply policy here. Zcash's optional shielded (private) transactions hide the sender, receiver, and amo...