Key Points Elon Musk’s AI capacity plans could create a sustained bottleneck in memory chips. Micron’s financial performance has been phenomenal in recent quarters. This may continue for quarters to come, but it is unclear how sustainable Micron’s profits are. 10 stocks we like better than Micron Technology › The artificial intelligence (AI) world revolves ...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Capital Group Dividend Value ETF (Symbol: CGDV) where we have detected an approximate $229.7 million dollar inflow — that’s a 0.6% increase week over week in outstanding units (from 763,400,000 to 768,000,000). Among the largest ...
Colgate-Palmolive Company CL strengthened its 2026 profit outlook after a second-quarter earnings beat and 140-basis-point gross-margin expansion. Base Business EPS rose 8%, while organic sales growth reflected contributions from both volume and pricing. The update shifts attention to durability. Management is raising the earnings and margin view while keeping advertising elevated, but higher second-half raw-material ...
Key Points Bill Ackman and his hedge fund, Pershing Square Capital Management, recently disclosed that it increased its stake in Netflix (NASDAQ: NFLX). The last time Ackman’s funds owned Netflix, all the way back in 2022, the position was exited at a hefty loss. The new thesis is simple: Netflix is officially the champion of ...
Listen to the audio version of this article (generated by AI). Editor’s Note: Nvidia Corp. (NVDA) has become one of the most powerful players in the AI Revolution. Although I don’t currently recommend the stock, there’s still plenty to learn from CEO Jensen Huang’s strategy. That is why my InvestorPlace colleague Louis Navellier is joining ...
Listen to the audio version of this article (generated by AI). Fellow Hypergrowth Investors, For months, crypto investors have been stuck in the interhalving dead zone. And the right move was to stay on the sidelines until the market handed us real evidence that the next boom cycle is starting to turn. This week, for ...
Group 1 Automotive, Inc. GPI reported second-quarter 2026 adjusted earnings of $9.61 per share, which declined 16.6% year over year and missed the Zacks Consensus Estimate of $10.79 by 10.9%. Revenues declined 5.6% to $5.39 billion and missed the consensus mark of $5.65 billion by 4.7%. Results reflected persistent consumer affordability pressure, used-vehicle sourcing challenges ...
Alibaba Group BABA is parting ways with its gaming business as it sharpens its bet on artificial intelligence (AI). Asian private equity firm Trustar Capital has reached an agreement to acquire Lingxi Games, the studio behind Three Kingdoms: Strategy Edition, in a deal that could value the unit at more than $1.5 billion, according to ...
Key Points David Tepper ran Appaloosa Management for over 25 years, generating spectacular returns. Now, the billionaire runs Appaloosa as a family office. Tepper sold Sandisk, a memory maker, which was a multibagger in the second quarter alone. Tepper also took a new position in a stock generating quite a lot of buzz in the ...
Knowing what to buy is only half of it. Here’s the other half. Listen to the audio version of this article (generated by AI). Hello, Reader. Does the barcode below ring a bell? (Or, should I say, register?) Wherever you’ve shopped, you come across them. Billions of shoppers around the world encounter them every day. ...
