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Russ Cohen

AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?

The massive rotation out of semiconductor stocks this week has reverberated throughout the tech sector, with the selloff negatively impacting everything from the Magnificent Seven to hardware—and space stocks are no exception. However, while Elon Musk’s has grabbed headlines by falling nearly 16% from its post-IPO high, losses for space-based direct-to-device (D2D) cellular broadband competitor ...

Russ Cohen

Micron Soars, Apple Sinks, and the Indexes Tread Water

Key Points Micron surged 16% after a massive earnings beat, but Apple fell more than 6% after raising Mac and iPad prices due to soaring memory costs. The S&P 500 was nearly flat while the Nasdaq Composite dropped 0.8%; the Dow rose 0.4%, led by Caterpillar’s all-time high. Friday’s Russell index reconstitution will add SpaceX ...

Russ Cohen

AI ROI Debate Misses the Value of Owning Critical Infrastructure

For most of the AI cycle, investors debated technology: the best model, the best chip, the best architecture. The question for the next phase is different. It’s about who can afford to build and who gets paid while they wait. This week’s TechEdge covers: The $5.5T Capex Supercycle: Why Estimates Keep Getting Raised From Cash ...

Russ Cohen

Micron’s HBM Surge Could Redefine the AI Growth Story

’s fiscal Q3 results and the strength of its outperformance highlight a persistent problem in today’s market: there is a fundamental misunderstanding of the AI trade. AI isn’t a niche; it’s not a bubble. It is the evolution of technology, and that evolution is accelerating. Leading tech giants, enterprises, and research labs globally are racing ...

Russ Cohen

Forget Amazon Prime Days: Here's the Real Reason to Buy the Stock

Key Points Amazon (NASDAQ: AMZN) Prime Days is happening, and the results of the big sales event could drive more attention to the stock. While Amazon’s commerce business is the most consumer-facing, I don’t think it’s the best reason to buy the stock. Instead, I think Amazon Web Services (AWS) is a better reason. AWS ...

Russ Cohen

Nasdaq 100 Faces an AI Reality Check as Valuation Concerns Mount

AI valuation concerns and rising costs are driving broad weakness across global technology stocks. Higher interest rate expectations are increasing pressure on capital-intensive AI investment themes. Nasdaq 100 remains under pressure, with 29,000 emerging as a key technical support level. Technology stocks remained under pressure on Friday, extending a sell-off that has spread from Wall ...