The Avantis International Large Cap Value ETF is seeing unusually high volume in afternoon trading Thursday, with over 2.2 million shares traded versus three month average volume of about 137,000. Shares of AVIV were off about 0.6% on the day. Components of that ETF with the highest volume on Thursday were Nebius Group, trading up about 16.4% with over 13.6 million shares changing hands so far thi...
The Avantis International Large Cap Value ETF is seeing unusually high volume in afternoon trading Thursday, with over 2.2 million shares traded versus three month average volume of about 137,000. Shares of AVIV were off about 0.6% on the day. Components of that ETF with the highest volume on Thursday were Nebius Group, trading up about 16.4% with over 13.6 million shares changing hands so far this session, and Lloyds Banking Group, down about 1.6% on volume of over 12.5 million shares. Carnival is lagging other components of the Avantis International Large Cap Value ETF Thursday, trading lower by about 2.4%. VIDEO: Thursday's ETF with Unusual Volume: AVIV The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
At this point, it's undeniable that the issue with Nvidia stock is sentiment, or rather disbelief. Yep, that's it. Disbelief. There's no other way to explain the muted stock reaction to Nvidia's quarterly report — not only after Wednesday night's blowout, but over the past several quarters. "Demand has gone parabolic," CEO Jensen Huang said to close out the call. Last quarter, he said demand was "...
At this point, it's undeniable that the issue with Nvidia stock is sentiment, or rather disbelief. Yep, that's it. Disbelief. There's no other way to explain the muted stock reaction to Nvidia's quarterly report — not only after Wednesday night's blowout, but over the past several quarters. "Demand has gone parabolic," CEO Jensen Huang said to close out the call. Last quarter, he said demand was "skyrocketing." You almost feel bad for him. He's going to run out of words soon to describe the demand. Arguably, the most interesting part of Nvidia's report is its new reporting framework — specifically, breaking down its data center business by the hyperscalers ( Amazon , Alphabet , Meta , and Microsoft ) and non-hyperscale customers. Listen, the hyperscalers are important. They're spending hundreds of billions on capital expenditures to build new data centers. They've been the main course for the last $200 worth of Nvidia stock gains. But what if they were only the appetizer? On the call, Huang said Nvidia revenue will grow faster than the growth of hyperscale capex. So, if hyperscale capex is what got us here, and Huang expects Nvidia revenue to outpace future hyperscale capex growth going forward, where does the upside come from? Everyone and everywhere else. We covered this in our earnings analysis Wednesday night. But let's spend a minute going deeper into these non-hyperscalers. That group consists of purpose-built AI computing providers called neoclouds (think CoreWeave , Nebius , and Iren ). It also includes industrial companies and other enterprises with on-premise computing infrastructure; countries building out their own AI infrastructure in what Nvidia calls sovereign AI; and other smaller AI players. Nvidia's official name for this sub-segment is AI Clouds, Industrial and Enterprise (ACIE). Huand said the customers in the ACIE cohort are "fairly poorly understood," attributing that in part to how fragmented the market is. This may work in Nvidia's favor over...
Clear Secure (YOU) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The upward trend in estimate revisions for this airport security company reflects growing optimism of analysts on its earnings prospects, which should get reflect...
Clear Secure (YOU) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The upward trend in estimate revisions for this airport security company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Clear Secure, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: 12 Month EPS Current-Quarter Estimate Revisions For the current quarter, the company is expected to earn $0.43 per share, which is a change of +65.4% from the year-ago reported number. Over the last 30 days, the Zacks Consensus Estimate for Clear Secure has increased 8.47% because three estimates have moved higher compared to no negative revisions. Current-Year Estimate Revisions The company is expected to earn $1.78 per share for the full year, which represents a change of +58.9% from the prior-year number. In terms of estimate revisions, the trend for the current year also appears quite encouraging for Clear Secure. Over the past month, three estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 10.33%. Favorable Zacks Rank The promising estimate revi...
Investors might want to bet on International Seaways (INSW), as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflec...
Investors might want to bet on International Seaways (INSW), as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- is principally built on this insight. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For International Seaways, there has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: 12 Month EPS Current-Quarter Estimate Revisions The earnings estimate of $4.51 per share for the current quarter represents a change of +342.2% from the number reported a year ago. Over the last 30 days, one estimate has moved higher for International Seaways while one has gone lower. As a result, the Zacks Consensus Estimate has increased 64.98%. Current-Year Estimate Revisions For the full year, the company is expected to earn $14.99 per share, representing a year-over-year change of +176.6%. The revisions trend for the current year also appears quite promising for International Seaways, with two estimates moving higher over the past month compared to no negative revisions. The consensus estimate has also received a boost over this time frame, increasing 53.96%. Favorable ...
Federal Reserve Bank of Richmond President Tom Barkin said the ability of businesses and consumers to tolerate the latest in a series of supply shocks will determine whether the US central bank can continue to “look through” higher inflation without raising interest rates. “With inflation above our 2% target for over five years now, it’s worth asking whether the cumulative impact of so many waves ...
Federal Reserve Bank of Richmond President Tom Barkin said the ability of businesses and consumers to tolerate the latest in a series of supply shocks will determine whether the US central bank can continue to “look through” higher inflation without raising interest rates. “With inflation above our 2% target for over five years now, it’s worth asking whether the cumulative impact of so many waves risks loosening the anchor,” Barkin said Thursday in remarks prepared for a speech in Raleigh, North Carolina. “For me, it comes down to how much businesses, consumers, and inflation expectations can take.” Barkin’s comments come as an energy-price shock triggered by the Iran war has shifted sentiment among Fed officials away from any consideration of rate cuts in the near term. A growing number of them are advocating a decision to signal that the central bank’s next move is just as likely to be a hike as a cut. Read More: Fed Minutes Show More Officials Warned of Rate-Hike Scenario The Richmond Fed chief suggested he’s become more concerned about the possibility that the US has entered a new era in which supply shocks will prove more frequent — driven by heightened geopolitical tensions, trade fragmentation, more severe weather events, rising government debt and other forces. For the time being, he said, the Fed’s monetary policy setting is “well positioned” to manage risks to both the labor market and inflation. Investors now see a quarter-point rate increase by the end of 2026 as probable, according to federal funds futures .
Jane Street Accused Of Using Terra Telegram Backchannel Before UST Crash Authored by Zoltan Vardai via CoinTelegraph.com, A newly unsealed court filing in the Terraform Labs bankruptcy case alleges Jane Street used a private Telegram channel with former Terraform intern Bryce Pratt to obtain nonpublic information before the collapse of TerraUSD . Pratt is currently a systems developer at Jane Stre...
Jane Street Accused Of Using Terra Telegram Backchannel Before UST Crash Authored by Zoltan Vardai via CoinTelegraph.com, A newly unsealed court filing in the Terraform Labs bankruptcy case alleges Jane Street used a private Telegram channel with former Terraform intern Bryce Pratt to obtain nonpublic information before the collapse of TerraUSD . Pratt is currently a systems developer at Jane Street. The channel, called “Bryce’s Secret,” allegedly gave the quantitative trading firm a backchannel to Terraform insiders as Jane Street unwound exposure to TerraUSD (UST) shortly before the algorithmic stablecoin lost its dollar peg in May 2022, according to the filing. “Jane Street used Bryce’s Secret chat group and other backchannel sources of non-public information to front-run trading that hastened the collapse of Terraform,” the filing states. The claims renew scrutiny of who profited from Terra’s $40 billion collapse, one of the crypto industry’s largest failures, and could test how traditional insider trading and market manipulation theories apply to decentralized finance markets. On Feb. 23, Todd Snyder, Terraform’s court-appointed administrator, sued Jane Street , its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang in Manhattan federal court, accusing them of “misappropriating confidential information and manipulating market prices.” Two months later, Jane Street filed a motion to dismiss the lawsuit, arguing that Terraform attempted to “extract cash from Jane Street to foot the bill for a fraud that Terraform itself perpetrated on the market,” Cointelegraph reported on April 23. A spokesperson for Jane Street told Cointelegraph that the lawsuit was a transparent attempt to “extract money when it is well-established that the losses suffered by Terra and Luna holders were the result of a multi-billion dollar fraud perpetrated by the management of Terraform Labs.” Terraform Labs court filing in the lawsuit against Jane Street. Source: cloudf...
Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. 1. Stocks fell Thursday as U.S. oil prices climbed back above $100 a barrel. Optimism faded on an Iran peace deal after reports that Iran's supreme leader would not allow the country's enriched uranium to be shipped abroad . Treasury yields moved h...
Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. 1. Stocks fell Thursday as U.S. oil prices climbed back above $100 a barrel. Optimism faded on an Iran peace deal after reports that Iran's supreme leader would not allow the country's enriched uranium to be shipped abroad . Treasury yields moved higher as investors worried that elevated energy prices could reignite inflation. Jim Cramer said, "Everything was looking real good, and then suddenly what happens? Oil goes up." On Nvidia , Jim said he would view the stock's modest post-earnings pullback as a buying opportunity, suggesting investors gradually start building a position if they do not already own the stock. 2. The biggest winner of Nvidia's blockbuster earnings is Arm Holdings . The Club stock surged nearly 9% — extending their weekly rally to 35%. Thursday's gains in Arm followed commentary from Nvidia's earnings call, during which management highlighted strong demand for their new Arm-based Vera CPU. They are predicting roughly $20 billion in CPU-related revenue this year. That figure would make Nvidia one of the world's largest CPU providers and benefit Arm through royalty payments. After Arm's massive run — now up roughly 60% since we first bought shares — Jim suggested it may be time to "take some off." We booked some profits in Arm on Monday, reflecting our discipline around trimming parabolic moves, even while remaining bullish on the long-term story. 3. FedEx was reinstated by Citi with a buy rating and $443 price target. Citi pointed to FedEx's favorable setup as the shipping company focuses on market share gains, cost cuts, and improved profitability following its freight spinoff on June 1. Jim said he still sees meaningful upside, arguing FedEx is taking market share from rival United Parcel Service and could benefit from a higher valuation after spinning off its truck business. "I'd still buy rig...
We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. Alphabet Inc (NASDAQ:GOOGL) ranks #4 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short Interest: 1.4% TPUs and Google Cloud make Alphabet Inc (NASDAQ:GOOGL) a notable pick-and-shovel name that also benefits from the AI consumption layer. TPUs (Tensor Processing Units) are custom-built AI accelerato...
We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. Alphabet Inc (NASDAQ:GOOGL) ranks #4 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short Interest: 1.4% TPUs and Google Cloud make Alphabet Inc (NASDAQ:GOOGL) a notable pick-and-shovel name that also benefits from the AI consumption layer. TPUs (Tensor Processing Units) are custom-built AI accelerator chips developed by Alphabet Inc (NASDAQ:GOOGL) specifically for machine learning workloads. These chips are optimized for high-efficiency, low-cost AI computation inside Google’s ecosystem. The focus is not maximum flexibility, but maximum efficiency per dollar of compute. Their demand is expected to increase because companies are increasingly looking for dedicated AI compute resources tailored for training and running large models at scale. Google Cloud is another reason Alphabet Inc (NASDAQ:GOOGL) can be considered a pick-and-shovel AI beneficiary. It provides the infrastructure layer for AI development, including compute, storage, networking, and managed AI platforms where companies train and deploy models. Through Google Cloud, customers can access TPUs, GPUs, and full AI development environments without building their own data center infrastructure. Recently, Google Cloud reported over 60% year-over-year growth (latest reported quarter), with AI-driven demand becoming a key contributor to that acceleration. L1 Capital International Fund stated the following regarding Alphabet Inc. (NASDAQ:GOOGL) in its Q1 2026 investor letter: Portfolio adjustments during the March 2026 quarter were relatively modest, but deliberate. We trimmed investments in AerCap, Alphabet Inc. (NASDAQ:GOOGL), HCA Healthcare and Weir Group at prices around the top end of our assessed fair value range, with all of these businesses benefitting from positive sentiment intra-quarter. Alphabet’s share price has more than doubled over the past 12 months. This reflects .... (Click Here to Read the Letter...
In trading on Thursday, the Invesco WilderHill Clean Energy ETF is outperforming other ETFs, up about 3.2% on the day. Components of that ETF showing particular strength include shares of D-wave Quantum, up about 24% and shares of Fuelcell Energy, up about 21.8% on the day. And underperforming other ETFs today is the KraneShares CSI China Internet ETF, down about 3% in Thursday afternoon trading. ...
In trading on Thursday, the Invesco WilderHill Clean Energy ETF is outperforming other ETFs, up about 3.2% on the day. Components of that ETF showing particular strength include shares of D-wave Quantum, up about 24% and shares of Fuelcell Energy, up about 21.8% on the day. And underperforming other ETFs today is the KraneShares CSI China Internet ETF, down about 3% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Tal Education Group, lower by about 4.6%, and shares of Kanzhun, lower by about 4% on the day. VIDEO: Thursday's ETF Movers: PBW, KWEB The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. Amazon.com, Inc. (NASDAQ:AMZN) ranks #3 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short Interest: 1% Amazon Web Services was already a leader in the cloud market when the AI revolution started, and that position has significantly boosted its growth. Demand has increased as AI companies and enterp...
We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. Amazon.com, Inc. (NASDAQ:AMZN) ranks #3 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short Interest: 1% Amazon Web Services was already a leader in the cloud market when the AI revolution started, and that position has significantly boosted its growth. Demand has increased as AI companies and enterprises now need far more computing power to train and run large models, driving higher usage of AWS’s GPU-based cloud services and AI chips like Trainium and Inferentia. The result? AWS revenue rose 28% in Q1, amounting to about a $150 billion annualized run rate, marking its fastest growth in 15 quarters. Amazon Web Services is no longer just a cloud and software-focused AI company. Its AI-focused Trainium chip line is seeing strong demand and rapid scaling. Trainium has already built a backlog of over $225 billion, and that figure had crossed $20 billion earlier while still growing at a triple-digit year-over-year rate. The Information recently reported that Amazon’s Trainium AI chips are gaining traction with some developers who have traditionally relied on Nvidia’s GPUs. According to the publication, one user said inference workloads moved to Trainium’s newer chips after testing showed costs could be up to 35% lower than Nvidia’s H100. Amazon.com Inc (NASDAQ:AMZN) recently said its Trainium2 chip delivers about 30% better price-performance than comparable GPUs and is largely sold out, showing strong adoption from AI customers. Its next-generation Trainium3 improves performance by another 30% to 40% over Trainium2 and is already nearly fully subscribed. Vulcan Value Partners stated the following regarding Amazon.com, Inc. (NASDAQ:AMZN) in its Q1 2026 investor letter: “There were seven material detractors to performance: Ares Management Corporation, Ryan Specialty Holdings, Inc., Microsoft Corporation, Salesforce, Inc., UnitedHealth Group Incorporated, Amazon.com, Inc. (NA...
We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. Amazon.com, Inc. (NASDAQ:AMZN) ranks #3 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short Interest: 1% Amazon Web Services was already a leader in the cloud market when the AI revolution started, and that position has significantly boosted its growth. Demand has increased as AI companies and enterp...
We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. Amazon.com, Inc. (NASDAQ:AMZN) ranks #3 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short Interest: 1% Amazon Web Services was already a leader in the cloud market when the AI revolution started, and that position has significantly boosted its growth. Demand has increased as AI companies and enterprises now need far more computing power to train and run large models, driving higher usage of AWS’s GPU-based cloud services and AI chips like Trainium and Inferentia. The result? AWS revenue rose 28% in Q1, amounting to about a $150 billion annualized run rate, marking its fastest growth in 15 quarters. Amazon Web Services is no longer just a cloud and software-focused AI company. Its AI-focused Trainium chip line is seeing strong demand and rapid scaling. Trainium has already built a backlog of over $225 billion, and that figure had crossed $20 billion earlier while still growing at a triple-digit year-over-year rate. The Information recently reported that Amazon’s Trainium AI chips are gaining traction with some developers who have traditionally relied on Nvidia’s GPUs. According to the publication, one user said inference workloads moved to Trainium’s newer chips after testing showed costs could be up to 35% lower than Nvidia’s H100. Amazon.com Inc (NASDAQ:AMZN) recently said its Trainium2 chip delivers about 30% better price-performance than comparable GPUs and is largely sold out, showing strong adoption from AI customers. Its next-generation Trainium3 improves performance by another 30% to 40% over Trainium2 and is already nearly fully subscribed. Vulcan Value Partners stated the following regarding Amazon.com, Inc. (NASDAQ:AMZN) in its Q1 2026 investor letter: “There were seven material detractors to performance: Ares Management Corporation, Ryan Specialty Holdings, Inc., Microsoft Corporation, Salesforce, Inc., UnitedHealth Group Incorporated, Amazon.com, Inc. (NA...
We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. Taiwan Semiconductor Manufacturing Company (NYSE:TSM) ranks #2 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short interest: 0.5% Taiwan Semiconductor Manufacturing Company (NYSE:TSM) is effectively selling shovels in a gold rush with a near-dominant position in the industry. Its moat is wide because...
We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. Taiwan Semiconductor Manufacturing Company (NYSE:TSM) ranks #2 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short interest: 0.5% Taiwan Semiconductor Manufacturing Company (NYSE:TSM) is effectively selling shovels in a gold rush with a near-dominant position in the industry. Its moat is wide because very few companies can match its scale, manufacturing precision at cutting-edge nanometer nodes, and ability to consistently produce high-yield chips for the world’s most advanced AI designs. Global semiconductor sales reached $99.5 billion in March, a 79% year-over-year surge, according to data from the World Semiconductor Trade Statistics organization. Taiwan Semiconductor Manufacturing Company (NYSE:TSM) has over 60% share of the total foundry market and over 90% of the market for advanced nodes (7nm and below). It makes chips for giants like Nvidia, Apple, Qualcomm, Broadcom and many more. Read what a Broadcom executive recently said about the demand Taiwan Semiconductor Manufacturing Company (NYSE:TSM) is facing here. Wedgewood Partners stated the following regarding Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in its Q1 2026 investor letter: “Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was a top contributor to portfolio performance in the first quarter. Revenues grew +25%, and the Company guided to accelerating revenue growth to +30% in 2026 as demand for compute accelerators for AI applications continues to ramp unabated. In addition, the Company recently reported that March revenue was up +45% year over year, +31% month over month, and +35% year to date. The semiconductor customer base has evolved to the point that the Company increasingly works directly with..... (Click Here to Read the Letter in Detail).” While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and c...
We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. Taiwan Semiconductor Manufacturing Company (NYSE:TSM) ranks #2 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short interest: 0.5% Taiwan Semiconductor Manufacturing Company (NYSE:TSM) is effectively selling shovels in a gold rush with a near-dominant position in the industry. Its moat is wide because...
We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. Taiwan Semiconductor Manufacturing Company (NYSE:TSM) ranks #2 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short interest: 0.5% Taiwan Semiconductor Manufacturing Company (NYSE:TSM) is effectively selling shovels in a gold rush with a near-dominant position in the industry. Its moat is wide because very few companies can match its scale, manufacturing precision at cutting-edge nanometer nodes, and ability to consistently produce high-yield chips for the world’s most advanced AI designs. Global semiconductor sales reached $99.5 billion in March, a 79% year-over-year surge, according to data from the World Semiconductor Trade Statistics organization. Taiwan Semiconductor Manufacturing Company (NYSE:TSM) has over 60% share of the total foundry market and over 90% of the market for advanced nodes (7nm and below). It makes chips for giants like Nvidia, Apple, Qualcomm, Broadcom and many more. Read what a Broadcom executive recently said about the demand Taiwan Semiconductor Manufacturing Company (NYSE:TSM) is facing here. Wedgewood Partners stated the following regarding Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in its Q1 2026 investor letter: “Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was a top contributor to portfolio performance in the first quarter. Revenues grew +25%, and the Company guided to accelerating revenue growth to +30% in 2026 as demand for compute accelerators for AI applications continues to ramp unabated. In addition, the Company recently reported that March revenue was up +45% year over year, +31% month over month, and +35% year to date. The semiconductor customer base has evolved to the point that the Company increasingly works directly with..... (Click Here to Read the Letter in Detail).” While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and c...
The first wave of the artificial intelligence (AI) boom created unprecedented wealth, catapulting a select few mega-cap tech stocks into the stratosphere. Now, the second act is beginning. Institutional capital, wary of valuations priced for perfection, is executing a structural rotation. It is bypassing the saturated high-flyers and flowing into foundational semiconductor sector equities position...
The first wave of the artificial intelligence (AI) boom created unprecedented wealth, catapulting a select few mega-cap tech stocks into the stratosphere. Now, the second act is beginning. Institutional capital, wary of valuations priced for perfection, is executing a structural rotation. It is bypassing the saturated high-flyers and flowing into foundational semiconductor sector equities positioned to capture an expanding $132 billion data center compute market. Get Intel alerts: Sign Up This strategic shift is no longer a forecast; it is happening now, with recent market action providing clear evidence. Aggressive M&A activity and imminent hyperscaler deployment contracts are permanently re-rating the sector's margin profile as the AI halo effect finally moves down the supply chain to legacy silicon providers with the scale to execute. Awakening the Giants: Trading Volume Confirms the Rotation The most telling indicator of a major market rotation is not analyst commentary, but the flow of capital itself. Exceptional trading volume often precedes a structural re-rating of an asset, and the semiconductor sector is providing a textbook example. Intel Today INTC Intel $116.78 -2.18 (-1.83%) 52-Week Range $18.97 ▼ $132.75 Price Target $81.52 Add to Watchlist The clearest evidence comes from Intel Corporation NASDAQ: INTC, which recently saw its shares trade on a healthy intraday volume of 137.66 million, a stark deviation from its average. This surge is not an isolated event but the culmination of accumulated interest that has propelled the stock to a remarkable year-to-date performance of more than 220%. Such a large volume does not come from retail traders alone; it signals that large institutional funds are actively deploying capital, building significant positions in a name they believe is at an inflection point. This activity confirms the thesis that a deliberate and large-scale rotation is underway, targeting undervalued legacy players with the capacity to meet s...
We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. ASML Holding (NASDAQ:ASML) ranks #1 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short interest: 0.2% Think of ASML Holding (NASDAQ:ASML) as the company selling the only ultra-advanced mining machines in the AI gold rush. It makes extreme ultraviolet (EUV) lithography machines, which are used to etc...
We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. ASML Holding (NASDAQ:ASML) ranks #1 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short interest: 0.2% Think of ASML Holding (NASDAQ:ASML) as the company selling the only ultra-advanced mining machines in the AI gold rush. It makes extreme ultraviolet (EUV) lithography machines, which are used to etch incredibly small circuit patterns onto silicon wafers. These patterns are what allow companies like Nvidia, AMD, and Apple to build advanced AI chips. Its customers include leading chipmakers such as Taiwan Semiconductor Manufacturing Company, Intel, and Samsung. No other company can realistically replace ASML Holding (NASDAQ:ASML) in the near future because EUV lithography depends on extremely complex technologies that took decades to develop, including atomic-level precision mirrors, ultra-high vacuum systems, and light sources so advanced they required billions of dollars in R&D and a tightly integrated global supply chain. ASML Holding (NASDAQ:ASML) extreme ultraviolet (EUV) systems are already fully booked, underscoring strong demand for advanced chip manufacturing tools. It also raised its full-year revenue outlook to €36 billion–€40 billion, up from a previous range of €34 billion–€39 billion, reflecting continued strength in demand tied to AI infrastructure and advanced semiconductors. Polen International Growth Strategy stated the following regarding ASML Holding N.V. (NASDAQ:ASML) in its fourth quarter 2025 investor letter: “Finally, ASML Holding N.V. (NASDAQ:ASML) delivered another solid quarter as semiconductor capital equipment (“semi-cap”) companies continue to benefit from investor optimism around AI. Simply stated, advanced chips sit at the epicenter of everything AI related and ASML’s equipment is essential to printing advanced logic and volatile memory chips. Concerns about a slowdown.... (Click Here to Read the Letter in Detail).” Photo by Kaleidico on ...
Michael Novogratz , the billionaire founder of Galaxy Digital Inc. , squared off in court this week with BitGo Holdings Inc. Chief Executive Officer Mike Belshe in their protracted legal fight over a proposed merger that failed four years ago when the cryptocurrency markets cratered. BitGo is demanding that Galaxy pay it at least $100 million for pulling out of the $1.2 billion transaction — a dea...
Michael Novogratz , the billionaire founder of Galaxy Digital Inc. , squared off in court this week with BitGo Holdings Inc. Chief Executive Officer Mike Belshe in their protracted legal fight over a proposed merger that failed four years ago when the cryptocurrency markets cratered. BitGo is demanding that Galaxy pay it at least $100 million for pulling out of the $1.2 billion transaction — a deal that was the biggest ever in the crypto industry when it was proposed in 2021. BitGo claims Galaxy failed to use reasonable efforts to get the deal done and hid from it details of probes by US authorities that likely would have impacted their ability to complete the merger. Novogratz, a longtime crypto enthusiast with tattoos of Bitcoin and Luna, claimed in testimony this week that Galaxy wasn’t a subject of those investigations, which had no bearing on the regulatory approval process. He also said BitGo forfeited its right to the termination fee by failing to provide the required financial statements in time. “The entire time, I was pushing to get this deal done,” Novogratz said Tuesday in Delaware Chancery Court, where the case will be decided by a judge after the trial ends this week. But, he said, both companies eventually realized regulatory approval was unlikely because the US Securities and Exchange Commission under then-Chairman Gary Gensler was making it “very difficult to get this deal done.” At one point, Galaxy even proposed a merger in Canada to wait out the SEC, he said. Galaxy is involved in almost all aspects of the crypto business , from Bitcoin mining to digital asset management and trading. The merger agreement with BitGo, a digital-asset infrastructure provider, was part of Novogratz’s plan to expand services as retail investors, hedge funds and institutional investors were jumping into the market and Bitcoin surged through much of 2021. As a condition of the BitGo deal, Galaxy agreed to publicly list the combined company on the Nasdaq exchange, which ...
A new question in being asked in Havana as people digest the news that the US has brought criminal charges against Cuba’s 94-year-old former president, Raúl Castro: who’s your neighbour? If you happen to live near a senior figure in Cuba’s government or armed forces, others suck their teeth in an expression of concerned sympathy. For the first time, US military strikes on the island are being cons...
A new question in being asked in Havana as people digest the news that the US has brought criminal charges against Cuba’s 94-year-old former president, Raúl Castro: who’s your neighbour? If you happen to live near a senior figure in Cuba’s government or armed forces, others suck their teeth in an expression of concerned sympathy. For the first time, US military strikes on the island are being considered a serious possibility. There is also anger at Washington, from a population that had previously lost its faith in its own government. “How dare they?” said a teacher in Havana, who was considering attending a march against the indictment on Friday morning. “I’d never normally go to something like that, but it’s despicable. Who are they to threaten us in such a way?” View image in fullscreen In 1996, protesters gather at the Brothers to the Rescue hangar at Opa-Locka airport, Florida, after Cuba shot down two planes. Photograph: Chuck Fadely/TNS/Zuma Press Wire/Shutterstock It’s now 30 years since Cuban fighter jets shot down two unarmed Cessna planes belonging to the exile group Brothers to the Rescue in international airspace just north of Havana. Four people died. At the time, it was seen not only as an atrocity, but a terrible strategic error. Now the incident is at the heart of the US indictment of Castro. What is less remembered is that it wasn’t a surprise. I covered the story from Miami, where Eloy Gutiérrez Menoyo – the first rebel leader to enter Havana under Fidel Castro but by then living in exile – told me: “Everybody here knew something was going to happen to the planes.” Brothers to the Rescue was a group originally founded by a Bay of Pigs veteran José Basulto to spot Cuban refugees trying to reach the United States on makeshift rafts. By the mid-90s, it had turned to provocation by buzzing Cuba itself and dropping leaflets – something Fidel Castro himself said the US would never tolerate over its own capital, according to the book Back Channel to Cuba...
Key Points Kroger beat on earnings but missed on sales today. Guidance remains intact for full-year earnings approaching $4.80 per share. 10 stocks we like better than Kroger › Kroger (NYSE: KR) stock slid 4.9% through 12:10 p.m. ET Thursday after beating on earnings, but missing on sales this morning. Analysts forecast Kroger would earn an adjusted $1.03 per share on sales of $34.2 billion in its...
Key Points Kroger beat on earnings but missed on sales today. Guidance remains intact for full-year earnings approaching $4.80 per share. 10 stocks we like better than Kroger › Kroger (NYSE: KR) stock slid 4.9% through 12:10 p.m. ET Thursday after beating on earnings, but missing on sales this morning. Analysts forecast Kroger would earn an adjusted $1.03 per share on sales of $34.2 billion in its Q3 earnings report. Kroger actually earned $1.05 per share, but its sales fell short at $33.9 billion. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Kroger Q3 earnings This news gets worse. Same-store sales increased 2.6% year over year, but total revenue still sank 0.9%. Kroger took $3 in charges to earnings for asset impairment of its automated fulfillment network, reducing GAAP earnings (as calculated according to generally accepted accounting principles) to negative $2.02 per share. CEO Ron Sargent insisted Kroger had a "strong" Q3. (And to be fair, if not for the accounting adjustment, earnings actually would have grown 7%, faster than sales, thanks in part to a 40 basis point improvement in gross margins). Is Kroger stock a buy? In other positive news, Kroger mostly stuck with previous guidance for the whole year, predicting earnings per share from $4.75 to $4.80, with $2.8 billion to $3 billion in free cash flow. This is all despite same-store sales slowing to about 2.9%, below previous predictions. On a share price of $62 and change, this values Kroger stock at about 13 times current year earnings, and an only slightly more expensive 14 times current year free cash flow. On a stock paying a decent 2.1% dividend yield, Kroger shouldn't have to grow much faster than 10% annually over the next five years to justify the stock price. Really, the best reason to sell Kroger stock today is not because of the earnings it just reported -- but because in future years, analysts forecast ea...