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Bloomberg71d agoneutral
UBS Trading Desk Says Buy Momentum Stocks as Selloff Nears End

(Bloomberg) -- The sharp selloff in momentum stocks may be nearing its end, creating an opportunity for investors to start rebuilding positions in artificial intelligence and semiconductor shares, according to UBS’ trading desk. Most Read from BloombergYemen’s Houthis to Impose Maritime Blockade on Saudi ArabiaUS Strikes Iran in Escalating Campaign After Troops KilledIran Says Mediators Stepping In After Days of US ClashesMoonshot’s Kimi K3 May Be More About Memory Than ComputeThousands of Truck

Jensen Huang's staggering $4 trillion bet shifts Nvidia
TheStreet71d agoneutral
Jensen Huang's staggering $4 trillion bet shifts Nvidia

The warehouses of computer servers powering artificial intelligence are growing so fast that their electricity appetite is beginning to reshape household budgets. The CEO of the company supplying most of the hardware in those facilities just laid out a projection that makes the current ...

Samsung launches first US credit card with Barclays, signals ambitions for deeper financial services push
Reuters71d agoneutral
Samsung launches first US credit card with Barclays, signals ambitions for deeper financial services push

Samsung Electronics on Monday launched its first U.S. co-branded credit card with Barclays, deepening its push into the financial services space ‌in the country and signaling plans to broaden its offerings in the future. The Samsung Galaxy ‌Card, issued by Barclays and running on Visa's network, will allow users to apply, manage accounts, track spending and redeem ​rewards entirely through Samsung Wallet. The credit card launch also puts Samsung in direct competition with Apple Pay, which dominates payment services in the U.S. The launch comes as technology companies and banks race ‌to deepen ties between digital wallets ⁠and financial products, seeking to make smartphones the primary device for payments and money management, and both Samsung and Barclays want to capitalize on it.

Investing.com71d agoneutral
SpaceX sets date for maiden earnings report: Why August 4 is make-or-break

SpaceX (NASDAQ: SPCX) has officially set the date for its premier earnings debut as a public company. The aerospace titan announced it will release its second-quarter 2026 financial and operational results after market close on Tuesday, August 4, 2026. Management will host a live, audio-only webcast to discuss the quarterly performance at 3:30 p.m. CT / 4:30 p.m. ET, with pre-registration and replays available via ir.spacex.com. While first-quarter earnings reports are always closely watched, th

Strong earnings growth needed to justify tech valuations, says expert
Reuters Videos71d agoneutralVIDEO
Strong earnings growth needed to justify tech valuations, says expert

<body><p>STORY: Citing Alphabet's Google and Elon Musk's Tesla as examples, Brown said that "to justify the high valuations that we see in a lot of those names, we would need to see good earnings growth, not just kind of your run-of-the-mill 10%, but you'd want to see higher earnings growth on top of good margins as well."</p><p>The second-quarter earnings season will pick up the pace this week, with results due from big names like Alphabet, Tesla, and Intel, broadening out the picture they provide of the health of corporate America.</p></body>

Rare Earth Stocks Slide On Oversupply Fears
Investor's Business Daily71d agoneutral
Rare Earth Stocks Slide On Oversupply Fears

Rare earth stocks have been a ticket for riding a roller coaster for over a year, but the latest descent has been particularly brutal. Downward momentum gathered steam last Thursday, after the International Energy Agency's Global Critical Minerals Outlook 2026 edition highlighted a planned surge in mining capacity well beyond expectations of refining and magnet production. MP Materials, USA Rare Earth, Critical Metals, Energy Fuels and American Resources all fell by more than 10% last week and some stocks continued to fall on Monday.

Alibaba signals shift in AI coding war with Anthropic
TheStreet71d agoneutral
Alibaba signals shift in AI coding war with Anthropic

There are only two AI leaders that matter in the fight for coding supremacy right now, and neither is backing down from the other. Anthropic’s Claude Fable 5 remains the benchmark every Chinese lab measures itself against, and two different companies made that exact comparison within three days. ...

Disney streaming margins and parks business in focus ahead of earnings
Proactive71d agoneutral
Disney streaming margins and parks business in focus ahead of earnings

Walt Disney Co (NYSE:DIS, XETRA:WDP) is scheduled to report fiscal third quarter results on August 5, with UBS analysts expecting accelerating earnings growth as first-half headwinds ease and forecasting the company will maintain its fiscal 2026 guidance. UBS expects Disney to report fiscal...

Bank of America sends strong Netflix stock verdict after earnings
TheStreet71d agoneutral
Bank of America sends strong Netflix stock verdict after earnings

Netflix (NFLX) shares had a rough week, and Wall Street can't agree on what will happen to the stock next. The company's earnings came in close to Wall Street expectations. However, investors sold the stock anyway. Netflix Shares closed at $68.95 on Friday, July 17, down 7.26% on the day after ...

Microsoft earnings to spotlight Azure growth, AI spending
Proactive71d agoneutral
Microsoft earnings to spotlight Azure growth, AI spending

Microsoft Corp (NASDAQ:MSFT)'s fiscal fourth quarter results will be a key test of the company's AI execution, with Azure growth, AI infrastructure spending and Microsoft 365 Copilot adoption expected to be the main focus when the software giant reports, according to Bank of America...