On the May 8 episode of CNBC’s Halftime Report, the panel openly questioned whether the AI-driven rally has stopped discriminating between core AI plays and merely AI-adjacent names. One of the cleanest examples is Qualcomm (NASDAQ:QCOM), where the stock gained around 70% in a month despite posting merely decent results and guiding lower for the ... AI Rally May Have Gone Too Far With Some Stocks ...
On the May 8 episode of CNBC’s Halftime Report, the panel openly questioned whether the AI-driven rally has stopped discriminating between core AI plays and merely AI-adjacent names. One of the cleanest examples is Qualcomm (NASDAQ:QCOM), where the stock gained around 70% in a month despite posting merely decent results and guiding lower for the ... AI Rally May Have Gone Too Far With Some Stocks Up 70% in a Month
Mizuho just turned more bullish on Advanced Micro Devices (NASDAQ:AMD), raising its price target to $515 from $415 while keeping an Outperform rating. The firm cited agentic AI continuing to drive server demand as the catalyst behind the call. The price target raise is a sign that Wall Street views AMD as a primary beneficiary ... Mizuho Just Hiked AMD Price Target to $515: Agentic AI Server Deman...
Mizuho just turned more bullish on Advanced Micro Devices (NASDAQ:AMD), raising its price target to $515 from $415 while keeping an Outperform rating. The firm cited agentic AI continuing to drive server demand as the catalyst behind the call. The price target raise is a sign that Wall Street views AMD as a primary beneficiary ... Mizuho Just Hiked AMD Price Target to $515: Agentic AI Server Demand Powers the Bull Case
Alphabet Inc. has begun marketing its first-ever bond sale in yen, further broadening its funding channels as the Google parent sharply increases capital spending to finance artificial intelligence efforts. The firm is offering notes in eight tranches with maturities ranging from three to 40 years, according to a person familiar with the matter who asked not to be identified as they’re not authori...
Alphabet Inc. has begun marketing its first-ever bond sale in yen, further broadening its funding channels as the Google parent sharply increases capital spending to finance artificial intelligence efforts. The firm is offering notes in eight tranches with maturities ranging from three to 40 years, according to a person familiar with the matter who asked not to be identified as they’re not authorized to speak publicly. The deal isn’t expected to price before Friday, the person added. Last week, Alphabet raised $17 billion , partially from its debut offering in Canadian dollars. The yen deal will be the company’s fourth new currency in which it’s sold bonds this year. The company isn’t alone among so-called hyperscalers diversifying their financing sources. Amazon.com Inc. on Tuesday raised 2.82 billion Swiss francs ( $3.6 billion ) in its first sale in that currency. Last month, Alphabet boosted the high end of its projected capital spending this year by $5 billion to $190 billion . Bloomberg Intelligence said strong bondholder demand provides the company access to abundant low-cost capital across currencies. “As Alphabet spends more on AI infrastructure and compute capacity, its total debt load has rapidly ballooned to over $100 billion ,” analysts Robert Schiffman and Alex Reid said in a note last week. “The ability to attract tens of billions of capital can enable the company to continue to increase capital-spending plans without impacting its massive financial flexibility.” Bank of America Corp. , Mizuho Securities Co. and Morgan Stanley are managing the yen bond sale, the person said.
AutumnSkyPhotography/iStock Editorial via Getty Images Qualcomm ( QCOM ) shares tumbled 10% during Tuesday trading, leading the bulk of the sector down following its recent rally. The tanking tech stocks followed the general market down, as all the major indices were in the red following a retail inflation report coming in hotter than expected, while fears of the U.S.-Iran ceasefire collapsing ros...
AutumnSkyPhotography/iStock Editorial via Getty Images Qualcomm ( QCOM ) shares tumbled 10% during Tuesday trading, leading the bulk of the sector down following its recent rally. The tanking tech stocks followed the general market down, as all the major indices were in the red following a retail inflation report coming in hotter than expected, while fears of the U.S.-Iran ceasefire collapsing rose. Qualcomm shares had rocketed more than 60% over the past few weeks prior to today's collapse. Tae Kim, author of the bestselling book "The Nvidia Way," has dubbed Qualcomm the "problem child of the current chip rally." "Qualcomm's core business is losing share at Apple while the Android market is in trouble," Kim said in a post on Substack. "Its Windows processor business is about to get shellacked by Nvidia. The company is selling a hope and dream about future data center AI chips and CPUs at a time when there is a massive talent exodus to competitors and startups." "After its recent rally, Qualcomm is no longer cheap, trading at over 20 times forward earnings as a secular loser with negative earnings growth ahead," he added. Other semiconductor stocks falling on Tuesday included Micron Technology ( MU ), AMD ( AMD ), and Taiwan Semiconductor Manufacturing ( TSM ), which were down 5.5%, 3.4%, and 3.5%, respectively. Navitas Semiconductor ( NVTS ) sank 15%, Onsemi ( ON ) collapsed 7%, and Intel ( INTC ) plunged 8%. Nvidia ( NVDA ), however, was dodging much of Tuesday's carnage and had declined less than 1%. The Philadelphia Semiconductor Index ( SOX ) had fallen 5% by noon trading. Some outlets were linking the chip collapse to a new policy being considered by South Korean lawmakers that would create a new "citizen dividend" that would be funded through taxes on AI-related profits. Other AI-related stocks were dropping as well. Nebius ( NBIS ) declined nearly 7%, IREN ( IREN ) slipped 2.6%, Applied Digital ( APLD ) fell 6.5%, and CoreWeave ( CRWV ) plummeted 10%. Cloud ...
AutumnSkyPhotography/iStock Editorial via Getty Images Qualcomm ( QCOM ) shares tumbled 10% during Tuesday trading, leading the bulk of the sector down following its recent rally. The tanking tech stocks followed the general market down, as all the major indices were in the red following a retail inflation report coming in hotter than expected, while fears of the U.S.-Iran ceasefire collapsing ros...
AutumnSkyPhotography/iStock Editorial via Getty Images Qualcomm ( QCOM ) shares tumbled 10% during Tuesday trading, leading the bulk of the sector down following its recent rally. The tanking tech stocks followed the general market down, as all the major indices were in the red following a retail inflation report coming in hotter than expected, while fears of the U.S.-Iran ceasefire collapsing rose. Qualcomm shares had rocketed more than 60% over the past few weeks prior to today's collapse. Tae Kim, author of the bestselling book "The Nvidia Way," has dubbed Qualcomm the "problem child of the current chip rally." "Qualcomm's core business is losing share at Apple while the Android market is in trouble," Kim said in a post on Substack. "Its Windows processor business is about to get shellacked by Nvidia. The company is selling a hope and dream about future data center AI chips and CPUs at a time when there is a massive talent exodus to competitors and startups." "After its recent rally, Qualcomm is no longer cheap, trading at over 20 times forward earnings as a secular loser with negative earnings growth ahead," he added. Other semiconductor stocks falling on Tuesday included Micron Technology ( MU ), AMD ( AMD ), and Taiwan Semiconductor Manufacturing ( TSM ), which were down 5.5%, 3.4%, and 3.5%, respectively. Navitas Semiconductor ( NVTS ) sank 15%, Onsemi ( ON ) collapsed 7%, and Intel ( INTC ) plunged 8%. Nvidia ( NVDA ), however, was dodging much of Tuesday's carnage and had declined less than 1%. The Philadelphia Semiconductor Index ( SOX ) had fallen 5% by noon trading. Some outlets were linking the chip collapse to a new policy being considered by South Korean lawmakers that would create a new "citizen dividend" that would be funded through taxes on AI-related profits. Other AI-related stocks were dropping as well. Nebius ( NBIS ) declined nearly 7%, IREN ( IREN ) slipped 2.6%, Applied Digital ( APLD ) fell 6.5%, and CoreWeave ( CRWV ) plummeted 10%. Cloud ...
Former captain, 32, won more than 100 caps for Georgia World Rugby found evidence of urine sample swaps The biggest anti-doping investigation in World Rugby’s history has resulted in six of Georgia’s men’s team and a medical official being handed lengthy bans, with their former captain Merab Sharikadze suspended for 11 years. Working alongside the World Anti-Doping Agency, evidence was uncovered o...
Former captain, 32, won more than 100 caps for Georgia World Rugby found evidence of urine sample swaps The biggest anti-doping investigation in World Rugby’s history has resulted in six of Georgia’s men’s team and a medical official being handed lengthy bans, with their former captain Merab Sharikadze suspended for 11 years. Working alongside the World Anti-Doping Agency, evidence was uncovered of urine swapping and advance warning of drug tests being given to players. No firm proof was uncovered of attempts to mask the use of performance-enhancing substances but World Rugby did find evidence that urine sample substitutions had taken place to conceal non-performance-enhancing substances such as cannabis and tramadol. Continue reading...
In this article DIS LION WBD AMZN PSKY Follow your favorite stocks CREATE FREE ACCOUNT Movie posters for The Devil Wears Prada 2, Project Hail Mary and Michael. 20th Century Studios | Amazon MGM | Lionsgate The summer box office is off to a sizzling start — and it's only getting started. Over the weekend, domestic ticket sales topped $161 million, a nearly 88% improvement over the same three-day f...
In this article DIS LION WBD AMZN PSKY Follow your favorite stocks CREATE FREE ACCOUNT Movie posters for The Devil Wears Prada 2, Project Hail Mary and Michael. 20th Century Studios | Amazon MGM | Lionsgate The summer box office is off to a sizzling start — and it's only getting started. Over the weekend, domestic ticket sales topped $161 million, a nearly 88% improvement over the same three-day frame in 2025. Disney and 20th Century Studio's "The Devil Wears Prada 2" led the pack, adding $41.6 million during its second week, followed by Warner Bros. ' "Mortal Kombat II," which snared $38.5 million during its opening. Lionsgate's "Michael" brought in another $37.9 million in its third week in theaters. The weekend was bolstered by new releases like Amazon MGM's "The Sheep Detectives" and Paramount's "Billie Eilish — Hit Me Hard and Soft: The Tour" as well as holdovers from Universal's "The Super Mario Galaxy Movie," which is in its sixth week, and Amazon's "Project Hail Mary," which is in its eighth week. Together, they made for a standout weekend at the movies as the industry chases a $10 billion annual U.S. box office. "The second weekend in May often provides solid returns from newcomers that bridge the gap between the opening weekend of the summer and the important Memorial Weekend coming up in about 2 weeks," said Paul Dergarabedian, head of marketplace trends at Comscore. "But the impressive long-term playability of 'The Super Mario Galaxy Movie' and 'Project Hail Mary' serve as a reminder of the vital importance of holdover strength to the overall health of the industry." Of the top 10 performers of the weekend, seven were returning titles. Five of those films reported a drop in ticket sales of less than 50% from the prior weekend, according to data from Comscore. For box office analysts this is an important metric. Typically, movies will see a 50% to 70% drop each weekend. When ticket sales post smaller declines week after week, it means a film is generating...
Lance Roberts of RIA Advisors recently challenged the doomer narrative that America’s debt load guarantees an imminent financial collapse. On Adam Taggart’s Thoughtful Money podcast, Roberts argues that investors often look at the U.S. national debt in isolation without considering the country’s underlying asset base. The United States may have roughly $40 trillion in debt, ... U.S. Has $45 Trilli...
Lance Roberts of RIA Advisors recently challenged the doomer narrative that America’s debt load guarantees an imminent financial collapse. On Adam Taggart’s Thoughtful Money podcast, Roberts argues that investors often look at the U.S. national debt in isolation without considering the country’s underlying asset base. The United States may have roughly $40 trillion in debt, ... U.S. Has $45 Trillion In Natural Resources Alone, More Than Entire National Debt
da-kuk/iStock via Getty Images Earnings Beat Fortinet’s ( FTNT ) Q1 FY2026 earnings delivered a 32% EPS beat. The stock popped over 25% by the end of the week. When this happens, the question is whether the forthcoming months will deliver a melt up in the stock price or a mean reversion. The underlying business performance can often give a clue to the direction of travel. For Fortinet, there were ...
da-kuk/iStock via Getty Images Earnings Beat Fortinet’s ( FTNT ) Q1 FY2026 earnings delivered a 32% EPS beat. The stock popped over 25% by the end of the week. When this happens, the question is whether the forthcoming months will deliver a melt up in the stock price or a mean reversion. The underlying business performance can often give a clue to the direction of travel. For Fortinet, there were some excellent numbers : 31% billings growth, 20% revenue growth (41% for product, 11% for service), non-GAAP EPS increase of 41% (29% for GAAP EPS) and a record $1.01bn free cash flow. Full-year guidance was raised across the board. This indicates it was not a "paper beat." The stock increasing 25% after a 32% EPS beat implies there is still room to run, as earnings outpacing price implies the stock is getting cheaper due to P/E compression. Billings' growth (an indicator of future revenue) outpacing revenue growth indicates a positive trend. Before earnings FTNT was a Strong Buy, now it’s trading at an all time high; we discuss whether it’s a Buy or just a Hold. To do this, we examine the strength of the four pillars of Fortinet: Efficiency, Profitability, Resilience and Versatility. Efficient Security Fortinet offers a single ecosystem covering Secure Networking, Unified SASE (Secure Access Service Edge), AI-driven Security Operations (SecOps) and more. All their software and systems run on the FortiOS operating system, offering a “single pane of glass” integrated approach that simplifies operations and lowers cost for customers. Most cybersecurity names are almost exclusively software companies, but Fortinet’s unique proposition is the combination of the cybersecurity software with its own proprietary chips. These Application-Specific Integrated Circuits (ASICs) are specifically designed for security processes, which enables the combined package to operate at much higher speeds compared to standard chips. Fortinet offers three different processors , each optimised for a...
Truist analyst Matthew Coad lowered his price target on SoFi Technologies (NASDAQ:SOFI) stock to $17 from $20 on May 12, keeping a Hold rating as part of a broader Payments sector note following Q1 2026 results. The price target cut reflects lower sale assumptions for the loan platform business and softer expectations for SoFi’s technology ... Truist Cuts SoFi Price Target to $17: Loan Platform Sl...
Truist analyst Matthew Coad lowered his price target on SoFi Technologies (NASDAQ:SOFI) stock to $17 from $20 on May 12, keeping a Hold rating as part of a broader Payments sector note following Q1 2026 results. The price target cut reflects lower sale assumptions for the loan platform business and softer expectations for SoFi’s technology ... Truist Cuts SoFi Price Target to $17: Loan Platform Slowdown Pressures the Bull Case
rangreiss/iStock Editorial via Getty Images The electric vehicle sector will be closely watched this week as President Trump and China President Xi Jinping meet at a high-stakes summit meant to ease trade tensions and tackle the broader U.S.-China dispute. U.S. auto industry groups and bipartisan lawmakers are pressing President Trump not to open the door to Chinese cars at the summit after he pre...
rangreiss/iStock Editorial via Getty Images The electric vehicle sector will be closely watched this week as President Trump and China President Xi Jinping meet at a high-stakes summit meant to ease trade tensions and tackle the broader U.S.-China dispute. U.S. auto industry groups and bipartisan lawmakers are pressing President Trump not to open the door to Chinese cars at the summit after he previously said it would be “fantastic” if Chinese automakers built factories in the U.S. and created jobs. One scenario is a deal where Chinese EV makers could get broader access to the U.S. market only by manufacturing in the U.S. or partnering locally. Tesla ( TSLA ) would likely oppose a measure that lets China-built EVs into the U.S. because that would intensify price competition, but Elon Musk has also publicly stated that he opposes tariffs and favors free market exchange across borders. The Chinese EV sellers most likely to benefit from a deal are BYD ( BYDDF ) ( BYDDY ), Geely/Volvo-Polestar ( PSNY ), Xiaomi, NIO ( NIO ), XPeng ( XPEV ), and Li Auto ( LI ). Geely is especially well positioned because it already has a U.S. manufacturing foothold through Volvo/Polestar in South Carolina. More on Chinese EV stocks NIO: The Market Still Underestimates The ES8 Effect Toyota Vs. BYD Represents A Classic Value Vs. Growth Dilemma For Investors XPeng: Near-Term Growth Pains Meet Solid, Diversified Prospects - Reiterate Buy China's BYD sales fall extends to 8th month as Q1 profit drops 55%: Will EV demand improve? XPeng hits 31,011 April deliveries, up 13% M/M; launches flagship GX SUV and expands European production
Coming off a jobs report last Friday that showed pockets of weakness in the labor market, the April Consumer Price Index (CPI) reading came in hot, stoking inflation concerns and hitting consumers with a double whammy. If consumers feel squeezed in the labor market and consumer prices are rising, that spells trouble for the economy, which has defied all odds since the pandemic. Will this recent da...
Coming off a jobs report last Friday that showed pockets of weakness in the labor market, the April Consumer Price Index (CPI) reading came in hot, stoking inflation concerns and hitting consumers with a double whammy. If consumers feel squeezed in the labor market and consumer prices are rising, that spells trouble for the economy, which has defied all odds since the pandemic. Will this recent data force the Federal Reserve to rethink its position regarding interest rates? Continue reading