Three Magnificent Seven stocks are entering July with fresh catalysts that could matter as Q2 earnings season approaches. Alphabet, Amazon and Nvidia are not cheap in the traditional sense. But each has a clear reason investors are paying attention right now: Alphabet’s cloud growth has accelerated, Amazon is showing rare pricing power in AI compute,
Scottish Mortgage Trust share price has jumped in the last three consecutive days, reaching its highest level since June 22, helped by the ongoing SpaceX stock rebound. SMT jumped to 1,470p, up by 8.46% from its lowest point this year. So, is this investment trust a good buy today? Scottish Mortgage Trust portfolio analysis Scottish
Rocket Lab (RKLB) shares surged in trading on Monday after the company announced an $8 billion cash-and-stock acquisition of satellite communications provider Iridium Communications (IRDM), one of the biggest consolidation moves in the commercial space industry. Rocket Lab stock climbed 12% at the time of writing, while Iridium shares jumped about 21%. The rally in
US telecom stocks Verizon (VZ), T-Mobile (TMUS), and AT&T (T) are slipping this morning after Comcast (CMCSA) announced plans of splitting itself into two independent, public companies. The corporate overhaul will decouple CMCSA’s core telecom infrastructure from its huge media and entertainment segments through a tax-free spin-off to existing shareholders. Here’s why Comcast’s announcement is
Micron Technology (MU) shares fell on Monday after South Korea unveiled plans for a massive new semiconductor investment program. Shares of Micron were down about 1% at $1,117.19 after declining 6.7% on Friday. The pullback came as South Korea’s industry minister said Samsung Electronics and SK Hynix plan to spend a combined 800 trillion won,
BlackBerry Ltd (BB) has undergone a massive fundamental transformation, culminating in its Q1 earnings beat on June 24th. Driven by a 26% year-on-year increase in the QNX software division and the first positive operating cash flow in nine years, BB shares hit a new 52-week high of $12.15 on Monday morning. However, following a nearly
Applied Materials (AMAT) shares drew investor attention on Monday, rising more than 10% after KeyBanc Capital Markets issued early commentary ahead of the company’s upcoming third-quarter earnings. The move came as markets reassessed expectations around the semiconductor equipment maker’s near-term performance and longer-term growth outlook tied to artificial intelligence infrastructure demand. KeyBanc flags elevated expectations
Hong Kong-listed shares of Baidu climbed more than 7% on Monday after reports suggested that its artificial intelligence (AI) chip unit, Kunlunxin, is preparing for an initial public offering (IPO) in the city. According to the report, the planned listing could value the AI chip affiliate at approximately $50 billion. The rally came after The
Broadcom stock (NASDAQ: AVGO) has fallen sharply from its record high, but the selloff may say more about investor expectations than about weakness in AI demand. Shares have retreated from around $495 to much lower levels, leaving the stock more than 24% below its peak. That looks brutal, but Broadcom’s latest quarter was not a
XRP has remained above the $1 support level despite losing more than 19% over the past month, while steady ETF inflows, rising network activity and a derivatives reset continue to shape the token’s outlook. According to CoinGecko data, XRP traded around $1.05 at the time of writing after slipping more than 7% over the past