Alphabet reported earnings on July 22 and the stock dropped more than 7% in a single session. The numbers weren’t bad. Cloud grew 82% year over year. Advertising held up. EPS beat. What rattled investors was the spending. Capital expenditure guidance for 2026 came in at $195 billion to $205 billion. Free cash flow went
Nvidia(NVDA) investors have no shortage of reasons to remain bullish. The AI chipmaker posted record revenue of $81.6 billion for the first quarter of fiscal 2027, up 85% from a year earlier. Data center revenue surged 92% to $75.2 billion. Nvidia forecast second-quarter revenue of about $91 billion and gross margins of about 75%. That
With jet fuel prices continuing to sit at decades-old highs over the war in Iran and the closure of the Strait of Hormuz, almost every airline has reworked its network to optimize high-traffic routes and cut any underperforming ones. United Airlines and American Airlines both trimmed approximately 5% of their flight capacity for the rest
Michael Burry built his reputation calling the 2008 housing crash, a trade immortalized in “The Big Short.” Since then, Wall Street has watched every new position he takes, even when his timing has occasionally run ahead of the market by months or years. This summer, Burry loaded up on bearish bets across some of the
While markets data shows that the global market for dining out is projected to grow from $1.9 trillion now to more than $3 trillion by 2030, many individual chains that were popular in another era are struggling to survive amid changing consumer trends. U.S. chains like Smokey Bones, Peet’s Coffee, and Joe’s Crab Shack have
Another day to look at Micron (MU). I think I have covered this stock more than any other stock lately. One of the most recent best beats was the historic Q3 preview earnings coverage. I call it best because our target was hit on the same day as that Q3 blowout print. Plus, it has
Revived from the defunct 1950s-era Frontier in 1994 by former United Airlines pilot Rick Brown with his wife and business partner, Denver-based low-cost carrier Frontier Airlines quickly found a market flying to smaller cities overlooked by mainstream airlines and offering a rock-bottom base fare that it then compensated for by charging for baggage and seat
If your portfolio has been riding the same cluster of mega-cap technology stocks since 2023, Morgan Stanley has a timely warning. The S&P 500climbed about 20% from its April low to a record high near 7,620 on June 2, fueled by optimism over the U.S.–Iran ceasefire and persistent enthusiasm for artificial intelligence. Since then, the
For most of the past two years, investors bought nearly every company tied to semiconductors, from chip designers to equipment makers, and those stocks rose across the board. Enterprise software, on the other hand, got treated as collateral damage, priced as though large language models would eventually make the whole category redundant. That assumption is
For years, the AI chip conversation has had one dominant name and a long list of challengers trying to close the gap. Most of them haven’t. One of them is starting to look different, and Bank of America just made that case in writing. Bank of America analyst Vivek Arya, who covers semiconductors for the