Baidu (NasdaqGS:BIDU) stock has drawn fresh attention after recent share price moves and updated return figures, prompting investors to reassess how its current valuation lines up with its recent financial performance and segment mix. See our latest analysis for Baidu. Recent trading has been strong, with a 1 day share price return of 7.55% at US$150.50 and a 30 day share price return of 34.36%. T...
Baidu (NasdaqGS:BIDU) stock has drawn fresh attention after recent share price moves and updated return figures, prompting investors to reassess how its current valuation lines up with its recent financial performance and segment mix. See our latest analysis for Baidu. Recent trading has been strong, with a 1 day share price return of 7.55% at US$150.50 and a 30 day share price return of 34.36%. The 1 year total shareholder return of 62.70% contrasts with a 5 year total shareholder return...
Guido Mieth/DigitalVision via Getty Images In the stock market of 2026, it feels as if investors are primed to cheer on any stock that directly fuels and supplies the data center building boom, while strong results elsewhere in other sectors are more or less ignored. In my view, investors would do well to begin diversifying our portfolios out of tech and reach for "growth at a reasonable price" st...
Guido Mieth/DigitalVision via Getty Images In the stock market of 2026, it feels as if investors are primed to cheer on any stock that directly fuels and supplies the data center building boom, while strong results elsewhere in other sectors are more or less ignored. In my view, investors would do well to begin diversifying our portfolios out of tech and reach for "growth at a reasonable price" stocks in other uncorrelated sectors. On Holding ( ONON ), the Swiss shoemaker, has seen a fierce erosion in its share price this year despite strong results. The company just reported a Q1 earnings beat that featured robust sales growth in Asia and non-footwear categories, and despite lifting its full-year profit guidance, investors remained unimpressed and sent the stock down ~7%. So far this year alone, On has lost ~30% of its value, putting it in deep bear market territory while the S&P 500 sits near record highs. Data by YCharts I last wrote a "Strong Buy" article on On in April, when the stock was trading at $33 per share. Since then, On has traded flat, even though recent results showcase the company continuing to steal market share from existing incumbents. Amid a consistent compression in On's valuation multiples, I reiterate my "Strong Buy"rating here. As a reminder for investors who are newer to On, here is what I view to be the core bull case for the company: On's growth rates imply fierce market share gains. There can be little denying that On is one of the most ascendant sportswear brands. The company is generating near-30% constant currency growth rates, compared to ~flat revenue for Nike ( NKE ). In a mature category, On is gaining fans and traction. Sky-high gross margins. On maintains gross margins in the mid-60s, and that already factors in 20% tariffs from the company's primary sourcing country of Vietnam. Its gross margin profile reflects its premium positioning and is closer to a tech company's than most of its retail peers. Asia penetration. On is gaini...
If you followed the XRP (CRYPTO: XRP) narrative five years ago, Ripple said the cryptocurrency would become a universal bridge currency for international money transfers. That story hasn't played out as envisioned. While Ripple has processed over $95 billion in cumulative transfer volume, most of that flow now uses stablecoins or traditional money transfer technology rather than XRP. But there's s...
If you followed the XRP (CRYPTO: XRP) narrative five years ago, Ripple said the cryptocurrency would become a universal bridge currency for international money transfers. That story hasn't played out as envisioned. While Ripple has processed over $95 billion in cumulative transfer volume, most of that flow now uses stablecoins or traditional money transfer technology rather than XRP. But there's still a bull case for XRP worth hearing -- one that doesn't depend on the old investment thesis at all and might even convince some skeptics. Here's why it should hold up under scrutiny. Continue reading
Though by the slimmest margin in the history of such confirmations, Donald Trump finally has Kevin Warsh right where he wants him . The US Senate voted in favor of his Fed Chair nomination by a 54-45 margin, setting up a controversial transition following the president’s unprecedented threats against the central bank’s independence. With only one Democrat—John Fetterman of Pennsylvania—crossing pa...
Though by the slimmest margin in the history of such confirmations, Donald Trump finally has Kevin Warsh right where he wants him . The US Senate voted in favor of his Fed Chair nomination by a 54-45 margin, setting up a controversial transition following the president’s unprecedented threats against the central bank’s independence. With only one Democrat—John Fetterman of Pennsylvania—crossing party lines, the vote reflected fears that Warsh will bend to Trump’s repeated demands for lower rates to help boost the economy, and thus the political prospects of Republicans. Warsh, 56, who in 2017 was passed over in favor of Jerome Powell, is now set to replace him. Warsh’s nomination had been held up as senators balked at the Trump administration’s since-suspended criminal investigation of Powell. But any effort to lower rates—as Trump demanded of Powell via insults, threats and, a judge said , the aforementioned probe—would come amid an inflationary spike triggered by the Iran war. Just hours before the Senate vote, Trump’s own administration reported the producer price index rose by 6% over a year ago , its fastest rate since 2022 and topping all estimates in a Bloomberg survey of economists. What You Need to Know Today Trump Lands in China Amid Iran War Stalemate The president arrived for a meeting unlike his last China summit with Xi Jinping. This time, the Chinese president is wielding rare earths reserves as a trade war cudgel while Trump struggles for a way out of the Iran war. Read more Investors snagged 5% yields on 30-year Treasuries for the first time since 2007 as surging energy prices push inflation—and expectations for more of it— higher. The auction result illustrated middling market demand as US government yields reached their highest levels in nearly a year. “I would expect at 5% yields to see investor demand emerge,” said Steven Zeng, an interest-rate strategist at Deutsche Bank. “It’s typically where 30-year Treasuries become more attractive for pensi...
While chip makers Intel and Micron have been getting all the love in recent days, Marvell got a nice bounce Wednesday after analysts at BofA and Goldman Sachs raised their price targets for it. Marvell shares closed up 8.2% to $177.95, for a new record high. The stock is up more than 100% in 2026 on high demand for its chips and partnerships with Big Tech hyperscalers like Amazon and Microsoft It ...
While chip makers Intel and Micron have been getting all the love in recent days, Marvell got a nice bounce Wednesday after analysts at BofA and Goldman Sachs raised their price targets for it. Marvell shares closed up 8.2% to $177.95, for a new record high. The stock is up more than 100% in 2026 on high demand for its chips and partnerships with Big Tech hyperscalers like Amazon and Microsoft It has had 12 record closes in 2026, with the last one on May 6.
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.58%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.04%. June E-mini S&P futures (ESM26 ) rose +0.62%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.58%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.04%. June E-mini S&P futures (ESM26 ) rose +0.62%, and June E-mini Nasdaq futures...
maybefalse/iStock Unreleased via Getty Images Asian Stocks In Focus Amid Trump-Xi Summit Asian equities have outperformed many global peers this year, led by companies spanning every layer of the AI ecosystem – including software firms, cloud service providers, and semiconductor manufacturers. In addition to geographic diversification across some of the fastest-growing economies in the world, Asia...
maybefalse/iStock Unreleased via Getty Images Asian Stocks In Focus Amid Trump-Xi Summit Asian equities have outperformed many global peers this year, led by companies spanning every layer of the AI ecosystem – including software firms, cloud service providers, and semiconductor manufacturers. In addition to geographic diversification across some of the fastest-growing economies in the world, Asian equities offer exposure to AI structural tailwinds outside U.S. mega-cap stocks. Seeking Alpha Asian stocks have traded mixed amid the uncertainty over the Iran conflict, hot inflation figures , and the upcoming meeting between President Donald Trump and Chinese counterpart Xi Jinping. All eyes are now focused on the summit in Beijing, where technology and trade are expected to be at the top of the agenda. Although in some corners expectations are low , the results could influence investor sentiment toward Asian markets and tech stocks. The meeting also comes just as Chinese heavyweights have been reporting earnings, including tech giants Alibaba ( BABA ) and Tencent ( TCEHY ). Tencent and Alibaba Surge After Earnings Like U.S. counterparts, Chinese big tech firms have faced skepticism from investors over the payoff on AI capital spending. The top four U.S. hyperscalers expect capex to reach more than $700B in 2026, with a large portion tied to AI data centers and infrastructure. BABA vs. TCEHY vs. U.S. Hyperscalers: 1Y Price Performance Seeking Alpha Earlier this month, Meta ( META ), Microsoft ( MSFT ), and Amazon ( AMZN ) reported double earnings beats, but the results were apparently not enough for many investors based on the market reactions. Alphabet ( GOOG ) ( GOOGL ), on the other hand, saw shares surge after management tied AI investments directly to tangible financial gains. Alibaba and Tencent saw shares rise even after missing top- and bottom-line expectations, with investors focused on performance in key business segments. Both tech giants are Holds, and belo...
Good news, OpenClaw fans — you can once again use your Claude AI subscription to power the hit, open source, autonomous AI agentic harness! But, there's a big catch with how it's being enacted. A few hours ago, Anthropic announced via its official developer communications account on X, @ClaudeDevs , that it is changing its Claude paid subscription tiers, introducing a new subcategory of "Agent SDK...
Good news, OpenClaw fans — you can once again use your Claude AI subscription to power the hit, open source, autonomous AI agentic harness! But, there's a big catch with how it's being enacted. A few hours ago, Anthropic announced via its official developer communications account on X, @ClaudeDevs , that it is changing its Claude paid subscription tiers, introducing a new subcategory of "Agent SDK" credits for all paid subscribers, which they can now allocate specifically for "programmatic" uses, including external, third-party agents such as OpenClaw. The move us a major reversal from the Anthropic's policy introduced in early April 2026 that expressly prohibited its AI subscriptions from being used to power these kind of non-Anthropic agents and harnesses, after Anthropic said they caused capacity and service issues. The problem was that some Claude subscribers were paying $20 to $200 per month under Anthropic's Claude Pro and Max subscriptions, but consuming hundreds, even thousands of dollars of tokens (units of information) above those prices through their OpenClaw (and similar autonomous) agents. This was an unsustainable position for Anthropic's finances and its limited compute infrastructure for inferencing the models to end users. To be clear, even when it enacted the old prohibition against OpenClaw and similar agents last month, Anthropic never fully cut off the capability for Claude to be used in OpenClaw. Rather, it redirected users to pay through the company's application programming interface (API) , which is billed for usage (priced per million tokens, rather than a flat monthly rate as the subscriptions offer), or pay for extra usage credits atop their subscriptions. Now, Anthropic is giving Claude subscribers another way to use their subscription bill to pay for third-party agents. However, the restoration comes with a significant catch: programmatic usage is no longer subsidized by the general subscription pool but is instead restricted to a fixed...
Comfort Systems USA (NYSE: FIX) stock is up an incredible 1,240% over the last three years, and up 116% in 2026 alone as I write. It's an astonishing run that speaks to the explosion in artificial intelligence (AI) data center spending in the period. It's a run that could easily continue, and at the same time end abruptly. Here's what you need to know before buying the stock. The mechanical and el...
Comfort Systems USA (NYSE: FIX) stock is up an incredible 1,240% over the last three years, and up 116% in 2026 alone as I write. It's an astonishing run that speaks to the explosion in artificial intelligence (AI) data center spending in the period. It's a run that could easily continue, and at the same time end abruptly. Here's what you need to know before buying the stock. The mechanical and electrical services contractor is enjoying an unprecedented boom in demand coming from spending on AI infrastructure. The company constructs, installs, and services heating, ventilation, and air conditioning (HVAC); as well as plumbing, electrical, and associated services for commercial and institutional customers. Given the critical importance of HVAC and electrical systems to data centers and the ongoing arms race to build out AI infrastructure, the company's services have come into great demand. A look at the company's backlog reveals why the stock is up massively. To put the figures into context, the company's estimated 2026 revenue is almost $12 billion, so the backlog alone represents a full year's revenue. Continue reading
Getty Images The stock market in 2026 is a story of winners and losers. Dispersion has increased dramatically, with semiconductor stocks skyrocketing while many stocks in software and retail decline to multi-year lows. It's a time, in my view, to be selectively hunting for bargains and reducing correlation in our portfolios to an S&P 500 that is increasingly weighted toward the crowded semiconduct...
Getty Images The stock market in 2026 is a story of winners and losers. Dispersion has increased dramatically, with semiconductor stocks skyrocketing while many stocks in software and retail decline to multi-year lows. It's a time, in my view, to be selectively hunting for bargains and reducing correlation in our portfolios to an S&P 500 that is increasingly weighted toward the crowded semiconductor trade. That said, there are some puzzling winners as well . Warby Parker Inc. ( WRBY ), the eyeglasses manufacturer, has seen a sharp slowdown in sales as well as a contraction in profit margins. And yet, the stock is rising, unsurprisingly, thanks to an AI narrative as the company prepares to release a pair of AI smartglasses in partnership with Google ( GOOG ). The stock is up 25% since January and more than 50% over the past 12 months, which to me makes Warby Parker vulnerable to a correction. Data by YCharts I last wrote a "Sell" article on Warby Parker in February, when the stock was trading near $25 per share. Since then, Warby Parker has climbed marginally higher, which to me increases the likelihood that this stock is trading on sentiment alone - and one that may shift rapidly if its new Google glasses flop. I reiterate my "Sell" rating here. There are two main advantages that I see here for Warby Parker. The first is that there's no doubt the brand remains popular, and still at just a small slice of the overall eyewear market. The company notes that its sales represent only a small 1.3% slice of the overall vision market. And certainly, if smart glasses take off as a concept, the company has landed a Mag 7 technology partner that is now one of the most celebrated AI trades in the stock market today. We note as well that Warby Parker's eyeglasses, which start at a very reasonable $95 price, are likely also immune to macro shocks: vision-impaired people will still need to buy glasses, and Warby Parker's selection is well under most vision insurance frame threshold...
In this article SFTBY SFTBY FIG NVDA Follow your favorite stocks CREATE FREE ACCOUNT Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Raise summit in Paris on July 8, 2025. The annual conference gathers global leaders and key speakers in tech and AI. Nathan Laine | Bloomberg | Getty Images Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a sha...
In this article SFTBY SFTBY FIG NVDA Follow your favorite stocks CREATE FREE ACCOUNT Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Raise summit in Paris on July 8, 2025. The annual conference gathers global leaders and key speakers in tech and AI. Nathan Laine | Bloomberg | Getty Images Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range, according to a person with knowledge of the matter. The deal comes as investors gear up for what's expected to be a very busy year for new AI offerings. The IPO reeled in at least $5.55 billion for Cerebras, which is hitting the market during a silicon renaissance. Intel , Advanced Micro Devices and memory maker Micron are each up more than 80% in the past month, and have notched much more dramatic gains over the last year as investors spread their chip bets from Nvidia to the wider universe of semiconductor companies now benefiting from the AI boom. It's also one of the largest tech IPOs in years. Uber raised about $8 billion in 2019, and the biggest since then for a U.S. tech company was Snowflake's offering in 2020, which brought in over $3.8 billion. Expanding to include autos, electric vehicle maker Rivian raised roughly $12 billion in 2021. At the IPO price, Cerebras is now worth $56.4 billion on a fully diluted basis. Andrew Feldman, Cerebras' co-founder and CEO, now holds a stake worth about $1.9 billion. Founded in 2016 and headquartered in Silicon Valley, Cerebras has faced a rocky road getting to the Nasdaq, where it will trade under ticker symbol CBRS. In September 2024 Cerebras filed to go public, but withdrew its submission a little over a year later after its prospectus was heavily scrutinized due largely to the company's heavy reliance on a single customer in the United Arab Emirates, Microsoft -backed G42. Cerebras had started shifting its focus away from selling hardware systems and more toward providing a cloud s...