Track market-moving stories before they get noisy

It's been a tough year for NuScale Power (SMR -8.17%) investors. Since 2026 began, shares of the popular nuclear energy stock have fallen by roughly 45%.

NuScale's market cap is now down to just $3.2 billion. That looks like a bargain compared to the company's growth potential. Bank of America believes nuclear energy will be a $10 trillion opportunity in the coming decades. Small modular reactors, or SMRs -- the exact nuclear technology that NuScale specializes in -- are expected to take a big share of that opportunity.

NuScale's stock price has struggled in 2026 for several reasons. The biggest, perhaps, has been a lack of tangible catalysts. NuScale has several impressive opportunities in its project pipeline, but there hasn't been much traction in converting these deals into revenue-generating assets.

NuScale's biggest project is a 6 GW system intended for the Tennessee Valley Authority (TVA), a major utility serving the eastern U.S. The deal between NuScale and TVA was signed in September 2025. At the time, NuScale's stock price hovered around $40 per share. At least from a headline perspective, there has been little progress on the deal since, sending NuScale's stock price below $10 earlier this month.

But there's good news: A major catalyst for NuScale's TVA project should be arriving soon. This catalyst is so meaningful that it wouldn't be surprising to see NuScale shares double as the catalyst approaches.

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Here's the growth catalyst NuScale Power investors should be monitoring closely Right now, the deal between NuScale and TVA is largely non-binding. The next step would be to sign a power purchase agreement (PPA). This agreement would commit TVA to buy power from NuScale's SMR system at a predetermined price for years, or even decades, to come. In short, it guarantees that NuScale will generate revenue from the nuclear project, allowing it to begin construction.

Image source: Getty Images.

In May, NuScale's management team noted that it remains very bullish on signing a PPA agreement with TVA by the end of 2026.

"ENTRA1 [NuScale's financing partner, which will be the party that actually signs the PPA with TVA] has updated us the discussions with TVA are advancing well toward a definitive PPA," NuScale's CEO revealed on a call with investors. "We remain highly encouraged by the progress and the strategic alignment between ENTRA1, TVA, and NuScale."

NuScale's CFO was even more specific. "We're hopeful that TVA can come across the line at some point later this year," he added. "We believe that's a strong possibility."

There is no guarantee that a PPA will be signed before the end of 2026. And to be clear, NuScale has failed to meet its own guidance in the past. But it is hard to overstate how valuable a signed PPA would be for the company.

With its stock price tumbling, NuScale's access to capital is growing more limited and costly. If the company's biggest project gets a firm revenue pathway, expect shares to rebound aggressively. A PPA not only improves access to capital, but it would also be a huge vote of confidence in the viability of the reset of NuScale's project pipeline.

Artificial intelligence has become the biggest growth story in global technology, but this week's earnings from Alphabet and Tesla have reminded investors that building the infrastructure behind that boom is becoming increasingly expensive.

And, investors are not okay with this.

While both companies reported robust revenue growth and highlighted expanding demand for AI-related products and services, their results also reinforced concerns that the industry's largest players are spending at an unprecedented pace, squeezing free cash flow and raising questions about when those investments will begin generating meaningful financial returns.

The concern was evident immediately after the results.

Alphabet shares fell 7.1% on Thursday, while Tesla plunged 14.5%, marking the electric vehicle maker's worst single-day decline since March 2025.

The sharp market reaction has also set the tone for the next wave of Big Tech earnings, with Microsoft, Meta Platforms and Amazon due to report next week.

Investors are expected to closely examine not only revenue growth but also whether AI spending is accelerating faster than profits.

Tesla delivers record revenue growth but margins remain under pressureTesla's second-quarter report illustrated the growing divide between strong top-line expansion and increasing costs.

Revenue rose 26% year over year to $28.2 billion, comfortably exceeding the company's compiled consensus estimate of $27.6 billion.

Vehicle deliveries also reached a record 480,126 units during the quarter, up 25% from a year earlier.

Automotive revenue increased 23% to $20.5 billion, while energy generation and storage revenue climbed 13% to $3.1 billion.

Despite those gains, profitability deteriorated significantly.

Adjusted earnings came in at 33 cents per share, well below analyst expectations of 55 cents.

Operating expenses surged 47% to $4.4 billion, including a 49% jump in research and development spending to $2.4 billion.

Operating income declined 57% year over year to $398 million, leaving Tesla with an operating margin of just 1.4%, compared with 4.1% during the same period last year.

The biggest concern for investors was capital expenditure.

Tesla increased capex by 142% from a year earlier to $5.8 billion during the quarter, pushing free cash flow to negative $1.1 billion.

The company also said it expects to spend more than $25 billion in capital expenditures this year.

Chief Executive Elon Musk sought to reassure investors that the elevated spending reflects investments designed to transform Tesla beyond electric vehicles.

"This is a massive capex year. I'm confident that all the things that we're investing in will yield incredible returns. Really, maybe the best capex returns that we've ever seen," Musk said during the earnings call.

Much of that investment is being directed toward Tesla's next-generation semiconductor production capabilities and its Optimus humanoid robot programme.

The company said it is "installing the first-generation lines for Optimus" and expects production to begin soon.

For Musk, those initiatives represent future revenue streams that could ultimately outweigh the near-term financial pressure currently weighing on margins.

Alphabet posts record cloud growth but spending dominates investor attentionAlphabet delivered another quarter of exceptional cloud performance, but investors focused instead on the scale of the company's AI investment plans.

Google Cloud revenue surged 82% year over year to $24.8 billion during the quarter ended June, significantly outperforming analysts' expectations of approximately 64% growth, according to LSEG.

The performance reinforced Google's growing position in enterprise AI infrastructure, with cloud demand continuing to accelerate as businesses expand adoption of generative AI applications.

However, those strong results were overshadowed by another increase in capital expenditure guidance.

Chief Financial Officer Anat Ashkenazi said Alphabet now expects capital expenditure of between $195 billion and $205 billion during 2026, compared with previous guidance of $180 billion to $190 billion.

The revised outlook also exceeded analysts' expectations of roughly $188 billion, according to Visible Alpha.

Perhaps more striking was Alphabet's free cash flow.

The company reported negative free cash flow of $5.9 billion during the quarter, reversing nearly $25 billion in positive free cash flow generated during the same period a year earlier.

Alphabet executives argued the spending increase simply reflects overwhelming customer demand.

"The increase in the range is primarily due to an acceleration in the delivery of capacity to meet growing demand," Ashkenazi told analysts.

She said Google continues to face supply constraints despite multiple quarters of infrastructure expansion.

"We're still in a supply-constrained environment," she said. "I think we've said this now for multiple quarters in a row, and we are seeing very strong demand both from external cloud customers as well as across the business."

Ashkenazi, however, acknowledged that free cash flow will likely remain under pressure as Alphabet continues building technical infrastructure.

"We expect the free cash flow will remain under pressure, driven by our investments in technical infrastructure, which enables us to capitalize on the AI opportunity and continue to drive attractive returns," she said.

While operational performance received widespread praise, analysts questioned how sustainable current spending levels may become.

Bloomberg Intelligence analyst Mandeep Singh said Alphabet's financial results left little room for criticism operationally but warned that future capital expenditure could keep cash flow negative.

"Right now they are probably $10 billion-$15 billion free cash flow for this year, next year if this goes to $300 billion there is no way they're going to be positive free cash flow," Singh said on a Bloomberg Podcasts episode.

He argued that investors increasingly want stronger earnings contributions from Search, YouTube and Alphabet's other businesses instead of relying primarily on Google Cloud.

Thomas Monteiro, senior analyst at Investing.com, expressed similar concerns.

"After a negative cash flow quarter, the new raise in capex does not sit well for Alphabet," he said.

"The market's most reliable cash generators are now spending more than they bring in. As long as revenue keeps accelerating, investors will tolerate it. But capital has a real cost again, and the room for error is shrinking every quarter."

The spending surge reflects a broader transformation underway across the technology sector.

For years, companies such as Alphabet, Microsoft, Meta and Amazon generated enormous free cash flow that comfortably funded acquisitions, buybacks and new product development.

The AI race has changed that equation.

Industry capital expenditure is expected to exceed $700 billion this year as companies rapidly expand data centres, purchase AI chips and develop proprietary infrastructure.

As a result, investors are becoming less focused on revenue growth alone and increasingly attentive to whether AI-related investments can ultimately produce returns that exceed their cost.

That shift is expected to dominate discussions when Microsoft, Meta and Amazon publish earnings next week.

Alphabet's results have heightened expectations that rival technology companies could also increase investment plans.

Both Meta and Amazon shares declined alongside Alphabet following Wednesday's report.

"The risk is tilted towards further increases, particularly while Microsoft and others remain capacity-constrained," said Charu Chanana, chief investment strategist at Saxo Markets.

"But investors will increasingly focus on how much of that cash must be reinvested simply to remain competitive — and whether AI revenue can grow faster than capital expenditure, depreciation and operating costs."

Consensus estimates suggest Alphabet and Amazon could continue burning cash into 2026, while Meta's free cash flow is expected to decline 95.7% to just $1.9 billion.

Microsoft is forecast to generate $25.4 billion in free cash flow during its current fiscal year ending next June, compared with an estimated $58.7 billion during the previous financial year.

Meanwhile, capital expenditure relative to revenue is projected to rise sharply across the sector.

Meta's capex-to-revenue ratio is expected to increase to 54.9% from 35.9%, Alphabet's to 41% from 23%, Microsoft's to 45% from 31%, and Amazon's to 25% from 18%.

The latest earnings also underscored shifting competitive dynamics within cloud computing.

Google Cloud's 82% revenue growth substantially outpaced expectations and highlighted the division's rapid expansion.

Alphabet executives said customer demand has become so strong that the company plans to rent additional third-party data centre capacity despite the negative impact on margins.

Analysts say the performance raises pressure on both Amazon Web Services and Microsoft Azure.

AWS is expected to report revenue growth of 31.04%, accelerating from 28.4% during the previous quarter.

Microsoft Azure is forecast to deliver growth of 39.98%, broadly matching the prior quarter's 40%.

Competition could intensify further after reports that Meta is discussing renting computing capacity to Anthropic, adding another major buyer to an increasingly crowded AI infrastructure market.

"As compute becomes more available and models become cheaper, cloud capacity may look increasingly interchangeable. That could force providers to spend more while accepting lower returns," said Lale Akoner, global market strategist at eToro in a Reuters report.

Although not part of the so-called Magnificent Seven, Intel also reinforced the industry's AI narrative this week.

The chipmaker reported better-than-expected second-quarter results, recording its fastest revenue growth since 2011 as demand for server processors benefited from AI infrastructure spending.

Shares initially rose following the announcement before retreating during Friday's trading session.

"AI is driving unprecedented demand for compute," Intel Chief Executive Lip-Bu Tan said.

"As we continue to execute, Intel is well-positioned to capture sustainable growth across our CPU franchise."

The mixed reaction across the sector suggests investors remain supportive of AI's long-term potential but are becoming increasingly selective about how much they are willing to pay for that growth while companies continue pouring hundreds of billions of dollars into infrastructure.

Super Micro Computer (SMCI -3.53%) shares surged nearly 20% on July 22 after the company pre-announced strong preliminary results. While its second-quarter revenue is expected to come in toward the low end of its $11 billion to $12.5 billion range, that is still about double the revenue it generated a year ago. More importantly, it projected that its gross margins would rise to a range of 15% to 17%, well above its 8.2% to 8.4% guidance.

Supermicro, which designs and assembles servers and rack solutions for data centers, has struggled with margins, so this is a piece of welcome news. However, this is generally a low-margin business, and the surprising jump in margins is likely largely due to supply shortages.

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There have been shortages of key AI infrastructure components for things like memory, central processing units (CPUs), and graphics processing units (GPUs), so hyperscalers and enterprises that want complete systems right away are more likely to pay up for a complete system from an integrator. A shift toward enterprise or sovereign clients, which have less buying power, can also positively impact margins.

That said, this dynamic could be temporary, and Supermicro is still, by and large, a low-margin middleman. It also has a history of controversy, and its offices in Taiwan were raided at the end of June, related to employees smuggling chips to China. So instead of owning Supermico shares, I think buying Nvidia (NVDA -1.01%) is the much safer and smarter bet.

Image source: The Motley Fool.

Nvidia is the better stock to own

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Supermicro and most other integrators build their servers around Nvidia GPUs, so the strong demand it is seeing and its ability to boost margins speak volumes to the current high-demand environment for Nvidia's chips and components. In fact, this can be a great leading indicator.

When looking at where most of the value resides, this is with Nvidia and its GPUs. Supermicro is largely passing along high GPU prices to its customers; that's why its revenue is so high and its gross margins are generally low. Nvidia, on the other hand, has gross margins around 75%. So, what is good news for Supermicro is ultimately even better news for Nvidia, and you are getting a much more attractive company in Nvidia with a lot less controversy.

As Supermicro's preliminary Q2 numbers show, there is no current let-up in demand for AI infrastructure. At the same time, earlier commentary and an increase in capex from leading foundry Taiwan Semiconductor Manufacturing also point to strong long-term demand. With the king of AI infrastructure trading at a forward P/E of only 16 times fiscal 2028 (ending January 2028) estimates, investors don't need to overthink this and can just buy the stock of the high-quality market leader.

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Triple-A, a global fiat-to-crypto payment gateway, has become the latest victim of a multimillion-dollar hack. Blockchain security firm Peckshield reports that more than $9.7 million was drained after attackers drained its hot wallets across Ethereum, Solana, TRON, and TON.

Here’s how the attack happened.

Triple-A Hot Wallets Drained Across Multiple NetworksPeckshield reported that the exploit targeted Triple-A’s hot wallet infrastructure, affecting Ethereum, Solana, TRON, TON, Polygon, and Arbitrum.

According to the investigation, attackers stole over $9.7 million worth of crypto before swapping the assets and bridging them to Ethereum. 

Blockchain records show the wallet currently holds 5,226.66 ETH, worth roughly $9.72 million. 

Most of the stolen funds were transferred on July 24 and July 25.The largest single transaction moved 4,140 ETH into the wallet.Additional deposits included 615 ETH, 157 ETH, 112 ETH, 100 ETH, 72 ETH, and 23 ETH.After receiving these transfers, the attacker consolidated the funds into a single Ethereum wallet (0x01F…253b1).

How the Triple-A Exploit Happened?Security researchers believe the attacker first gained control of Triple-A’s internet connected hot wallets, which are commonly used to process customer payments quickly.

After gaining access, the hacker focused on stealing stablecoins and other liquid assets, then rapidly swapped them on decentralized exchanges. 

Meanwhile, the stolen funds were then bridged to Ethereum, making it easier to consolidate the assets into one wallet.

No Official Response YetIt’s been more than 8 hours, and Triple-A has not released an official statement explaining the incident or confirming the exact cause of the exploit.

Security experts say companies handling large amounts of customer funds should strengthen wallet management, improve private key protection, and reduce the amount of assets kept online to limit future losses.

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Across Protocol’s Risk Labs-operated relayer lost less than $4 million after an attacker fabricated $41.7 million in Solana deposit events, according to a post-incident report released by the cross-chain protocol.

Summary

1,627 fake deposits worth $41.7 million targeted 18 chains during the Solana attack. Risk Labs’ relayer paid $4.5 million across 581 fraudulent requests before suspending service. Around $500,000 in attacker funds remained trapped, reducing the net loss below $4 million. Across restored Solana transfers through CCTP, while user funds and the ACX buyback remained unaffected. Across attacker forged 1,627 Solana deposits The attack occurred between 05:07 and 06:14 UTC on July 17, according to the Across Protocol post-mortem. The attacker used 1,627 single-use Solana wallets to create the same number of fake deposit events.

Those deposits carried a combined face value of approximately $41.7 million and requested payments across 18 destination chains. Across reported that the funds were directed toward one recipient address on an Ethereum Virtual Machine-compatible network.

Risk Labs’ relayer filled 581 requests before Across stopped Solana operations. Those payments represented about 35.7% of the fraudulent requests but only 10.8% of their stated value.

The relayer advanced approximately $4.5 million of its own capital. Across invalidated the remaining 1,046 requests, preventing about $37 million in additional payouts.

Approximately $500,000 belonging to the attacker remained trapped within the protocol. Across deducted that amount from the gross payout to place its net loss below $4 million.

Why Across users avoided the relayer loss Across attributed the breach to a flaw in Risk Labs’ off-chain event-reading software rather than a vulnerability in its smart contracts. The protocol also reported that the attacker did not compromise the Solana network.

Across uses relayers that advance their own assets to complete cross-chain transfers before claiming repayment. That structure left Risk Labs’ relayer responsible for the loss instead of users who had submitted legitimate transactions.

All valid transfers were completed or fully refunded on July 17, according to Across. The protocol’s website shows that it has processed more than $34 billion in transfers without reporting a loss of user funds.

The incident differed from the Lien Finance exploit reported by crypto.news on July 24. SlowMist found that Lien’s attacker exploited a smart contract validation flaw to mint unsupported bond tokens and withdraw approximately 542,144.63 USDC.

crypto.news also reported that a wallet linked to the $285 million Drift Protocol exploit moved 23,095.1 ETH, worth about $44.4 million, through Tornado Cash on July 23 and July 24. Together, the incidents involved separate attack methods: off-chain software failure at Across, faulty contract logic at Lien, and post-exploit laundering tied to Drift.

What the CCTP shift means for US users Across restored Solana service in approximately 12 hours by routing transfers through Circle’s Cross-Chain Transfer Protocol. The protocol reported that its engineers deployed the root-cause fix about five hours after the attack.

The change has a direct U.S. connection because Circle issues USDC and operates CCTP. Circle states that CCTP burns native USDC on the source network and mints the same amount on the destination network without using traditional bridge liquidity pools or third-party fillers.

For U.S. users moving USDC to or from Solana, the fallback allowed transfers to resume without relying on the affected Risk Labs event reader. The Across breach did not involve USDC’s reserves or Circle’s minting contracts, according to the protocol’s findings.

The shift also comes after the United States established its first federal payment-stablecoin framework through the GENIUS Act. The law requires permitted issuers to maintain qualifying reserves and publish regular disclosures, according to a White House fact sheet. Those rules govern stablecoin issuers rather than the separate relayer software that caused the Across loss.

ACX buyback remains unchanged ACX traded near $0.041 after the post-mortem, with a market capitalization of about $29 million, according to CoinGecko. The token remained more than 97% below its all-time high.

Across stated that the loss would not affect its planned ACX token buyback. However, the protocol did not disclose whether Risk Labs would change its relayer funding, monitoring systems or operating limits.

Solana order flow remains routed through CCTP. Across has not provided a timeline for returning to its earlier routing system or announced the recovery of any additional funds.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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Key Takeaways Suspicious withdrawals exceeding $9.7 million were detected from Triple-A’s hot wallets spanning several blockchain networks The breach affected Ethereum, Solana, TRON, and TON, with potential involvement of Polygon and Arbitrum The alleged attacker converted stolen assets into roughly 5,226.66 ETH and moved them to Ethereum Triple-A remains silent on whether the incident occurred and if user deposits are compromised The Singapore-based firm operates under payment licenses across the United States, European Union, and Singapore A suspected security breach targeting Triple-A, a Singapore-headquartered stablecoin payment infrastructure provider, has resulted in unauthorized withdrawals exceeding $9.7 million from the company’s hot wallets, according to blockchain security researchers monitoring on-chain activity.

⚠️ALERT: Triple-A wallets are under an apparent active exploit with over $9.7M drained.

Onchain analyst Specter has flagged suspicious outflows from Triple-A hot wallets across TRON, Ethereum, Polygon, and Arbitrum, with the stolen assets consolidated into 5,227 ETH.

Triple-A… pic.twitter.com/1RykKuPGwA

— Coin Bureau (@coinbureau) July 25, 2026

Blockchain investigator Specter initially identified the anomalous fund movements. Cybersecurity firm PeckShield subsequently confirmed the findings, with damage assessments climbing from an early estimate of $9.3 million to more than $9.7 million as additional transactions were discovered.

Assets Drained From Six Blockchain Networks The unauthorized withdrawals targeted wallets operating on Ethereum, Solana, TRON, and TON blockchains. Additional evidence suggests Polygon and Arbitrum may also have been compromised, potentially expanding the attack surface to six separate networks.

Following extraction, the stolen digital assets underwent conversion and cross-chain bridging operations before landing on Ethereum. The destination wallet contained approximately 5,226.66 ETH when security analysts flagged the activity.

Converting multiple tokens into ETH represents standard procedure following cross-chain breaches, as it simplifies the movement of disparate assets through a single, liquid cryptocurrency.

The variance between initial and updated loss figures likely stems from ongoing transfers or fluctuations in Ethereum’s market value during the incident window.

Triple-A’s Business Operations and Official Silence Triple-A delivers payment processing solutions enabling businesses to accept, exchange, and disburse funds through stablecoin rails and conventional banking channels. Its product suite encompasses point-of-sale integrations, enterprise payment systems, and international money transfers.

The firm maintains regulatory approval across multiple jurisdictions, including American, European, and Singaporean territories. It secured Major Payment Institution status from Singapore’s Monetary Authority and became part of Circle Payments Network during March 2026.

Triple-A has issued no official acknowledgment of the security incident. The company has not revealed how unauthorized access occurred, the timeline of suspicious activity, or whether client assets face exposure.

Fireblocks serves as Triple-A’s digital asset custody provider. Currently available information contains no indication that Fireblocks infrastructure suffered any compromise.

Attacker Identity Unknown, Customer Impact Unclear Security analysts have not publicly attributed the attack to any specific threat actor. No confirmed reports indicate whether the consolidated funds subsequently moved through cryptocurrency exchanges or privacy-enhancing mixing services.

Absent official disclosure or forensic analysis, this incident remains classified as a suspected hot wallet security failure rather than a verified smart contract vulnerability.

Triple-A has not announced whether it has paused deposit acceptance, withdrawal processing, or cross-blockchain transfer capabilities in response to the suspected breach.

This event occurs separately from a July 17 attack wherein an adversary generated fraudulent Solana deposit records targeting Across Protocol. That unrelated incident caused losses below $4 million after Across suspended Solana integration. No connection exists between the two security breaches.

Stakeholders await Triple-A’s official response addressing the verified loss amount, the attack vector employed, and whether the company intends to reimburse impacted users.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Intuit To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Intuit between August 22, 2025 and May 20, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - July 25, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Intuit Inc. ("Intuit" or the "Company") (NASDAQ: INTU) and reminds investors of the September 8, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) they had overstated Intuit's competitive advantages and growth, as well as the overall strength and sustainability of its business model and operations; (2) in reality, Intuit was losing significant business in its tax-related business, particularly in its Turbo Tax business, as a result of, inter alia, increasing competitive and pricing pressures; (3) accordingly, Intuit's previously issued FY 2026 TurboTax revenue growth guidance was unreliable and/or unrealistic; and (4) as a result, Defendants' public statements were materially false and misleading at all relevant times.

On May 20, 2026, Intuit released its fiscal Q3 2026 financial results, which included its 2026 tax season revenue. Intuit stated that it "did not have the overall tax season we expected" and that it "faced pressure among the most price-sensitive DIY filers." Intuit said that "[w]e [lost] on price," and revealed that the Company needed to evolve its business model by delivering the right lineup and price points to meet simple filers' needs at the low end. Intuit also announced that TurboTax online paying units were expected to grow by only 2% as total IRS filers were expected to decline by approximately 30 basis points, representing the "most significant industry-wide contraction since the post-COVID tax season."

On this news, Intuit's stock price fell $76.86 per share, or 20.02%, to close at $307.07 per share on May 21, 2026.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Intuit's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Intuit class action, go to www.faruqilaw.com/INTU or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Intuit Securities Class Action Lawsuit:

What is the Intuit securities fraud lawsuit about?

The lawsuit alleges Intuit misled investors by overstating TurboTax growth, competitive strength, and FY2026 guidance while failing to disclose increasing pricing and competitive pressures.

Who may be eligible to participate in the lawsuit?

Investors who purchased Intuit (NASDAQ: INTU) securities between August 22, 2025 and May 20, 2026 may be eligible if they suffered losses.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff represents the proposed class. Eligible investors must file a motion with the court by September 8, 2026. Participation does not require serving as lead plaintiff.

What should investors do if they purchased Intuit stock during the Class Period?

Investors should review their transactions and consider consulting counsel regarding their legal rights, participation in the lawsuit, or seeking lead plaintiff status.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi has represented investors since 1995 and recovered hundreds of millions of dollars. The firm offers free evaluations of potential securities fraud claims.

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Intuit securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306275

Source: Faruqi & Faruqi LLP

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Shiba Inus are once again getting close to a significant milestone that seemed unattainable only a short time ago. Exchange reserves have fallen to about 86.1 trillion SHIB, according to the most recent on-chain data, putting the network dangerously close to dropping below the 100 trillion threshold, a level that previously seemed unachievable given the massive circulating supply. 

Shiba Inu's centralized effortExchange reserves show how much SHIB is kept on centralized trading platforms. When that balance drops, it usually means that investors are taking tokens out of their private wallets, which lowers the amount of liquidity that can be sold right away. The longer-term trend has been steadily declining, despite the daily change being relatively small at about -0.17%. 

SHIB/USDT Chart by TradingViewThat story is supported by the more comprehensive exchange flow data. At about -145 billion SHIB, the total exchange netflow is still extremely negative, indicating that more tokens are leaving exchanges than are entering them. Additionally, daily exchange outflows are greater than inflows, indicating that holders continue to prefer self-custody over getting assets ready for sale. 

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In essence, declining exchange balances tend to sustain bullish conditions over time since fewer coins are available if demand starts to pick up speed. Unfortunately for bulls, this improving supply dynamic has not yet been reflected in price. SHIB is still stuck in a long-standing downtrend that has lasted for months, trading close to $0.0000041. All major moving averages are still pointing downward. 

Shiba Inu's momentumThe token trades below the 26-day, 50-day, and 100-day exponential moving averages, while the 200-day moving average is still much higher, demonstrating the continued dominance of bearish momentum. A number of attempts at recovery have also been rendered invalid by recent price action. Before SHIB could reach a higher high, earlier consolidation patterns eventually broke to the downside, with sellers consistently defending each rally. 

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The most recent candles are still printing lower lows, indicating that the overall trend is still in place. Momentum indicators provide little encouragement. The RSI is currently at 38, comfortably below the neutral 50 level despite a minor rebound from oversold territory. This implies that although selling pressure has somewhat subsided, buyers have not created enough momentum to buck the current downward trend. 

Technical performance and on-chain fundamentals diverge in an intriguing way as a result. Tokens are being removed from exchanges by on-chain investors, which is gradually lowering the liquid supply and bringing reserves closer to the psychologically significant 100 trillion SHIB milestone. 

Nvidia (NVDA -1.01%) stock is up 12% year-to-date, outperforming the Nasdaq's roughly 9% return at the time of writing, but the company is not sitting still. With competition in the semiconductor industry heating up, CEO Jensen Huang wants to keep Nvidia at the frontier of artificial intelligence (AI) technology.

In that effort, Huang is positioning the company to lead the race in physical AI, including robots. He recently met with the leaders of several Japanese industrial giants -- including Toyota, Fujitsu Limited, Kawasaki Heavy Industries, Fanuc, and Kioxia -- to discuss how they can implement physical AI in their factories.

As Huang stated, "The next frontier of AI is in the physical world, and this is a once-in-a-generation opportunity for Japan." Three major robotics and automation players -- Kawasaki, Fanuc, and Yaskawa -- are already using Nvidia's technology. This all fits with its strategy to be at the center of every major transition in the world of computing.

Image source: Nvidia.

What does this mean for Nvidia's prospects? Nvidia has changed how it will report its financial results to align with its future growth drivers. Based on this new reporting framework, the data center segment reported revenue of $75 billion last quarter, up 92% year over year. The new edge computing segment (robotics, automotive, and PCs) is small by comparison, generating only $6.4 billion in revenue, up 29%.

Physical AI is not going to move the needle for the stock right now. In data center, management expects to book $1 trillion in revenue from its Blackwell and Rubin chips from 2025 through calendar 2027. Its chips and networking products for AI data centers are still its main growth drivers.

But in the long run, physical AI is the next logical step for this technology, and that spells significant growth potential for Nvidia's edge computing business. Similar to its strategy in data centers, Nvidia has put together a full-stack offering that includes its DGX computing systems (Blackwell/Vera Rubin), its Jetson robotics computing platform, and Cosmos for simulating the physical world to accelerate robot development.

As Advanced Micro Devices and Broadcom try to chip away at Nvidia's lead in data centers, Huang is positioning the company for the next big transition in AI. Nvidia's tailored computing solutions for specific industries such as manufacturing give it a competitive advantage. So do its relationships with enterprises and AI researchers around the world. 

The recent announcements out of Japan are bullish for Nvidia's long-term prospects, but the data center business will remain the key catalyst for the stock in the near term. The shares do look attractive right now, trading at just 23 times forward earnings, with analysts projecting around 44% annualized earnings growth over the next few years. Investors don't seem to be paying any premium for the long-tail growth potential of the physical AI market over the next few decades.

John Ballard has positions in Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Broadcom, and Nvidia. The Motley Fool recommends Fanuc. The Motley Fool has a disclosure policy.

Obviously, nobody owns a functioning crystal ball. So, take any predictions about someone else's future actions with a grain of salt. You can make educated guesses, however, based on a person's past patterns and current situations.

With that as the backdrop, what is relatively new Berkshire Hathaway (BRKA +1.14%)(BRKB +0.79%) CEO Greg Abel apt to do with the $397 billion in liquidity he hasn't yet used? Here are three pretty good bets.

Image source: Getty Images.

1. Repurchase more Berkshire stock Previous Berkshire CEO and chief stock picker Warren Buffett wasn't staunchly against stock repurchases; they did happen while he was at the helm. But they certainly weren't always his preferred use of cash, even if that cash was going to sit idle for a while.

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Abel, however, seems to be more willing. In his first quarter as the conglomerate's chief executive, he oversaw the repurchase of more than a couple of hundred million dollars' worth of Berkshire stock, with estimates of a few billion dollars' worth of stock buybacks materializing during the second quarter of this year. We won't know for sure until the company's official Q2 filings are submitted. Given how restless some shareholders have become, though, such a risk-free use of some of this liquidity would at least sate this crowd.

2. Growth and income are clearly converging in one corner of the tech industry Greg Abel isn't simply inflating the value of outstanding Berkshire Hathaway shares by taking some out of circulation, though. His ultimate goal is still investing for long-term growth.

To this end, although he's unlikely to expand the existing stake in Alphabet (GOOG +0.24%) (GOOGL +0.58%) since the technology giant is now Berkshire's fifth-biggest holding, this trade does suggest that Abel isn't nearly as averse to owning tech stocks -- with the exception of Apple -- as Buffett generally was.

This doesn't mean look for a new position in Nvidia to show up in the portfolio anytime soon. However, given their growth potential and reliable dividend income, it's not inconceivable that an artificial intelligence data center REIT like Equinix (EQIX +4.90%) or Digital Realty Trust (DLR +11.01%) could become part of Berkshire's mix.

3. Expand its energy business's capacity Finally, it's an often-overlooked aspect of the company, but Berkshire Hathaway isn't just a collection of individual hand-picked stocks. The conglomerate also owns many privately held companies, including power utility outfit Berkshire Hathaway Energy, which Abel previously ran.

That in and of itself wouldn't normally mean much. Except at the annual shareholder meeting held in May, Abel specifically pointed out that Berkshire Hathaway Energy is already serving the fast-growing AI data center business, adding that he knows this demand could grow by 50% or more in just the next five years.

Were he not this energy arm's former chief, he might not pursue it too aggressively. Given Abel's familiarity with this particular business, don't be surprised to see Berkshire Hathaway make capital investments specifically meant to bolster Berkshire Hathaway Energy's position within this market.

Again, though, these are all just guesses, and far from guarantees.

James Brumley has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet, Apple, Berkshire Hathaway, Digital Realty Trust, Equinix, and Nvidia. The Motley Fool has a disclosure policy.

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Hub Group To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Hub Group between April 28, 2023 and May 11, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - July 25, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Hub Group, Inc. ("Hub Group" or the "Company") (NASDAQ: HUBG) and reminds investors of the August 28, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Hub Group's financial statements prepared for the periods from Q1 2023 to Q4 2024, including annual reports for 2023 and 2024, contained material misstatements caused by the premature and incorrect recognition of certain transactions concerning, among other things, Hub Group's operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth; and (2) Hub Group's financial statements prepared for the periods from Q1 2025 to Q3 2025 contained material misstatements caused by the understatement of purchased transportation costs and accounts payable concerning, among other things, Hub Group's operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth.

On February 5, 2026, Hub Group announced that the Company's financial statements for the first three quarters of 2025 should not be relied upon and would be restated due to "an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025." The Company revealed that its reports for those quarters "were in each case materially misstated due to the aforementioned error and should no longer be relied upon" and that "the Company [wa]s also continuing to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting and appropriate remediation steps." The Company also estimated that "[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million."

This news caused the price of Hub Group stock to decline roughly 18%, from $51.33 per share at close on February 5, 2026, to $41.96 per share at close on February 6, 2026.

On May 12, 2026, Hub Group announced that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," causing its 2023 and 2024 annual reports filed with the SEC to be "materially misstated," such that they "should no longer be relied upon." The Company did not quantify the expected misstatement, although it "expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023."

This news caused the price of Hub Group stock to decline a further 13%, from $41.86 per share at close on May 11, 2026, to $36.62 per share at close on May 12, 2026.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Hub Group's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Hub Group class action, go to www.faruqilaw.com/HUBG or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Hub Group Securities Class Action Lawsuit:

What is the Hub Group securities fraud lawsuit about?

The lawsuit alleges Hub Group made misleading statements about revenue recognition, transportation costs, accounts payable, internal controls, and financial reporting, causing multiple financial statements to contain material accounting misstatements.

Who may be eligible to participate in the lawsuit?

Investors who purchased or acquired Hub Group (NASDAQ: HUBG) securities between April 28, 2023 and May 11, 2026 may be eligible to participate if they suffered losses related to the alleged misconduct.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff represents the proposed class and helps oversee the litigation. Eligible investors must file a motion with the court by August 28, 2026. Investors can share in any recovery without serving as lead plaintiff.

What should investors do if they purchased Hub Group stock during the Class Period?

Investors should review their trading records, preserve relevant documents, and evaluate their legal rights. Those who suffered losses may wish to consult counsel regarding participation in the lawsuit or seeking lead plaintiff status before the deadline.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for clients. The firm can evaluate your potential claims and explain your legal options at no upfront cost.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306273

Source: Faruqi & Faruqi LLP

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Volatility has been the name of the game for the stock market so far this year. However, it hasn't prevented the S&P 500 (^GSPC +0.05%) from chalking up a respectable gain. Some stocks have delivered especially impressive returns.

Enterprise Products Partners LP (EPD -0.18%) is definitely one of them. The pipeline stock has soared more than 20%. Its total return is even better, thanks to a juicy 5.8% distribution yield.

How will Enterprise Products Partners perform going forward? I'll make the call: the stock will crush the S&P 500 in the second half of 2026. Here's exactly why.

Image source: Getty Images.

A conflict and a potential catalyst The ongoing Middle East conflict is my top reason for being bullish on Enterprise Products Partners. Although the U.S. and Iran have attempted several times to forge a peace agreement, the two sides can't seem to fully get on the same page.

While continued hostilities won't be good news for American consumers, they should drive Enterprise Products Partners' unit prices higher. The midstream energy leader is a key player in the export of U.S.-produced oil and gas, with more than 50,000 miles of pipeline. As long as traffic through the Strait of Hormuz is disrupted, the global demand for U.S. fossil fuels will remain strong.

Enterprise is also scheduled to report its second-quarter earnings results on July 30. I view this Q2 update as a potential catalyst for the stock, with the momentum carrying through the rest of the year.

Wall Street is expecting the company to post adjusted earnings of $0.77 per unit, up 22% year over year. With the U.S. continuing to draw from its strategic petroleum reserve to export oil to international markets, my hunch is that Enterprise Products Partners could beat the consensus analyst earnings estimate.

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A dissenting view To be sure, not every Wall Street analyst is as bullish about Enterprise Products Partners as I am. Morgan Stanley (MS -0.33%) recently downgraded the stock to an "underweight" rating (which translates to a sell recommendation) and cut its 12-month price target from $43 to $40.

Should a lasting, peaceful resolution be reached between the U.S. and Iran, Morgan Stanley's pessimistic view could prove right. Importantly, though, Morgan Stanley's price target still reflects modest upside potential for Enterprise Products Partners despite the sell recommendation.

I think the odds are more in favor of the conflict continuing for months than ending soon. My hunch is that the S&P 500 could flounder in the second half of the year, while Enterprise Products Partners will flourish.

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SummaryNebius remains a strong buy, leveraging open-source AI models and a vertically integrated data center strategy to capture surging AI demand.NBIS's Token Factory enables cost-effective managed inference, positioning the company as a formidable open-source competitor to Anthropic and OpenAI.Revenue is projected to grow 537% this year, with adjusted EBITDA margins reaching 45% in Q1, supporting a forward multiple compression from 60x to a ~7x sales steady state.Despite risks from closed-source model advancements, I expect NBIS to deliver ~40% annualized returns through 2030 as it shifts toward higher-margin AI services.Looking for option income ideas that focus on capital preservation? I offer this and much more at my exclusive investing ideas service, Option Income Builder. Learn More » quantic69/iStock via Getty Images

Back at the start of the year, I named Nebius (NBIS) my number one stock for 2026.

In that article - and my three other articles covering NBIS - I've rated shares a 'Strong Buy' every time, arguing that

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of NBIS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Space Exploration Technologies (SPCX -2.68%) took off like one of its Falcon 9 rockets in the immediate days following its initial public offering on June 12, 2026. That IPO was one for the record books, ranking as the largest ever.

Since then, though, SpaceX's sizzle has fizzled. Actually, its performance looks almost identical to past mega-IPOs. And one thing usually happens next, if history repeats itself.

Image source: Getty Images.

A familiar pattern I looked at the 10 largest past IPOs. SpaceX's trajectory has followed the paths of several of them. For example, the space stock jumped roughly 19% on its first day of trading -- almost exactly the historical average for mega-IPOs.

SpaceX's subsequent performance perhaps tracks most closely with another highly anticipated IPO. Facebook, now Meta Platforms (META -1.80%), listed its shares on the Nasdaq stock exchange on May 18, 2012. The social media stock plunged more than 30% over the next few weeks before rebounding somewhat.

That's what we're seeing unfold with SpaceX. Shares of Elon Musk's space technology company fell more than 30% after rising immediately following the IPO. The stock has bounced back a little since bottoming out, though.

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Two potential paths What usually happens with mega-IPO stocks after their initial declines? Historically, there have been two paths.

Facebook/Meta Platforms represents the more attractive of the two paths. Although the stock performed dismally for most of 2012, it eventually roared back. By the end of 2013, Facebook's shares were up more than 40%.

Patient investors who held onto the stock were richly rewarded. An initial investment of $10,000 in Facebook when it first began trading would be worth more than $169,000 today.

Alibaba Group Holding (BABA -1.68%) is an especially disastrous example of the other path for mega-IPO stocks. When Alibaba listed its shares on the New York Stock Exchange on Sept. 19, 2014, it ranked as the largest IPO in U.S. history at the time. Although the Chinese tech stock struggled for a while, it had more than tripled by late 2020.

But then the bottom fell out for Alibaba. Multiple issues derailed the company's growth. The stock is now down more than 60% below its peak. Since its IPO, Alibaba has delivered a positive return of around 27%, less than one-tenth the S&P 500's return during the period.

If SpaceX continues to track with previous mega-IPOs, it's likely to experience significant near-term volatility. The company's staggered post-IPO lock-up release schedule could complicate matters, with the prospects of insider selling over the next few months potentially creating downward pressure on SpaceX's share price.

Eight of the 10 largest U.S. IPOs have underperformed the S&P 500 (^GSPC +0.05%) since the companies went public. SpaceX could become the ninth member of this group, but this fate isn't guaranteed.

The company's Starlink satellite internet services unit has a real opportunity to disrupt the wireless services market dominated by telecom giants such as AT&T (T +5.10%), T-Mobile (TMUS +5.78%), and Verizon Communications (VZ +5.84%)

SpaceX's Starmind initiative, though, could be the game changer that makes it more like Meta than Alibaba. Starmind's goal is to launch up to 1 million satellites that process artificial intelligence (AI) workloads. The results from these AI processes would then be beamed back to Earth stations.

While that might sound like something from a science fiction novel, Musk and the SpaceX team believe they can resolve the technological challenges and make it happen. If so, the competitive advantages Starmind would offer -- including low energy costs from solar power -- could make SpaceX the most powerful player in the AI data center market.

The bottom line is that no one knows for sure which path SpaceX will take over the next few years. The company's destiny won't be dictated by past IPOs, even if its current trajectory looks eerily similar to some of them.

Alphabet (GOOG +0.21%) (GOOGL +0.58%) delivered a solid second-quarter earnings report on Wednesday. Cloud revenue was up by 82% year over year, and the Gemini app reached 950 million monthly active users.

Some investors were spooked when Google's parent company raised its capital expenditures guidance, implying that it will spend up to $205 billion this year, which is likely why the stock slipped by more than 6% in Thursday trading. However, that isn't a problem for these three AI companies, which are poised to benefit from higher data center capital expenditures.

Image source: Getty Images.

Cipher Digital Cipher Digital (CIFR -10.34%) builds AI data centers and leases them to hyperscalers like Alphabet. It's a play on the need for electricity to power those massive server clusters, and Cipher Digital can keep its costs lower than neoclouds since it does not provide the chips or software. Tenants must bring those resources themselves.

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It's a convenient model for customers that use custom chips. Alphabet has been prioritizing its custom-made Tensor Processing Units (TPUs)  for its products and is even offering them to smaller cloud companies, directly competing with Nvidia. Cipher Digital's co-location model offers more flexibility and lower overhead costs than Iren or Nebius, which have both committed to vast Nvidia chip fleets.

Cipher Digital is on target for a 4.2 gigawatt portfolio capacity by 2030, and it's continuing to sign new hyperscaler tenants. While net operating income remains low since it takes time to turn contracts into recognized revenue, Cipher Digital projects substantial growth in its net operating income next year. It's supposed to rise from $86 million to $646 million based on secured contracts that just need AI capacity.

Revenue will also be quite predictable due to the 15-year leases that Cipher Digital has its tenants sign. Alphabet's commitment to higher capital expenditures suggests Cipher Digital's AI data centers are about to get more demand.

Broadcom Chipmaker Broadcom (AVGO -2.88%) is the leading designer of application-specific integrated circuits (ASICs). It collaborates with many tech giants, including Alphabet, on these custom chips. The TPUs Alphabet wants to sell or lease to cloud companies are designed by Broadcom.

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Alphabet's decision to make its TPUs an even larger part of its business will directly translate into more sales for Broadcom. That extra demand for chips and the ongoing shortages of AI processors will give Broadcom more leverage to charge higher prices and enhance its margins.

Broadcom is already doing quite well. Revenue increased by 48% year over year in its fiscal 2026 second quarter. Its AI semiconductor business accounted for almost half of its total revenue, and that segment grew by 143% year over year.

Since the AI semiconductor segment continues to make up a larger percentage of total revenue, Broadcom is likely to deliver accelerated revenue growth rates in the upcoming quarters. CEO Hock Tan told investors to expect AI-related semiconductor revenue to "grow over 200% year over year to $16.0 billion." That was before Alphabet revealed its higher capex guidance to investors.

Micron Micron's (MU -7.24%) memory chips and components occupy prominent positions in data center, including within the processors that Broadcom designs. Higher demand for TPUs will benefit Micron as well, but the company's memory also goes into general-purpose data center GPUs like the ones that Nvidia produces.

Even though Micron's stock price has more than tripled this year, it should have more room to rally. In its fiscal 2026 third quarter, evenue more than quadrupled year over year, and management's guidance for $50 billion in fiscal 2026 fourth-quarter revenue would be a meaningful sequential jump from its $41.5 billion in fiscal Q3 revenue.

Continued shortages of memory have helped Micron secure high profit margins for its chips. It's also signing multiyear deals with customers to make future revenue more predictable and minimize the hit it will take when supply catches up with demand and the cycle shifts from the boom phase to the bust phase.

As demand for Alphabet's AI-enabled products grows, the company will need more memory chips. Google Cloud, Gemini, Waymo, and even Google's search engine all rely on these chips to function properly. Higher capital expenditures from tech companies broadly often translate into more sales for Micron.

Nvidia (NVDA -1.01%) has been one of the biggest winners of the artificial intelligence (AI) boom. The tech giant entered the market early and became the AI chip leader, and then it went on to build an AI empire, selling a broad portfolio of related products and services.

All of this has helped the company's earnings reach record levels -- more than $215 billion in revenue and $120 billion in profit in the latest full year. And the stock has also climbed, surging in the triple-digits over five years. Though Nvidia shares have lost some momentum this year, the company is well-positioned to deliver growth to investors over time. It's important to remember that the AI market is expected to surpass $3 trillion early next decade.

So, with a potential catalyst for stock performance on Aug. 26, you may be wondering if you should buy shares before that date. Let's consider what history has to say.

Image source: Getty Images.

Nvidia in the AI market Before diving in, let's take a closer look at Nvidia's path in the AI market so far. This tech giant has been in business for more than 30 years, but in its earlier days, it generated most of its revenue from selling its graphics processing units (GPUs) in the video gaming market. The company, recognizing the power of these chips, then designed a parallel computing platform that allowed for broader use. And when Nvidia chief Jensen Huang saw the AI opportunity, he decided to go all in and design GPUs specifically to suit that purpose.

This proved to be a game-changing decision for the company, as we can see through the revenue growth and stock performance in recent years.

NVDA data by YCharts

Why has Nvidia lost momentum this year? For a few reasons. Investors have worried about the levels of tech spending on AI infrastructure and whether the revenue opportunities will be as big as expected. General concerns about rising prices in the U.S. and turmoil in Iran also have prompted investors to become more cautious -- and rotate out of growth stocks, which are sensitive to economic shifts.

Meanwhile, investors who have chosen to stick with AI stocks in many cases have turned to players that hadn't climbed as much as Nvidia in the earliest stages of the AI boom. For example, memory and storage players such as Micron Technology and Western Digital saw their stock prices advance about 150% from the start of 2023 through the first half of last year, while Nvidia delivered a gain of more than 900%. This year, those two AI stocks have each jumped more than 200%, while Nvidia has delivered an increase of 11%.

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Commitment to innovation But, as I mentioned above, the AI growth story remains solid, and Nvidia's commitment to innovation should keep earnings marching higher. And speaking of earnings, let's now talk about the event on Aug. 26. This is Nvidia's fiscal 2027 second-quarter earnings report.

Should you buy the stock ahead of that event? History shows us the following about Nvidia's stock performance in the five trading days after its earnings reports. After the past 13 quarterly reports, the stock has fallen eight times during the five days that follow. Two of the declines were in the double-digits, and the others were in the single-digits.

So, history tells us that if you buy Nvidia stock ahead of its Aug. 26 report, you may not benefit from a post-earnings gain. Of course, it's important to remember that history isn't always right, but it offers us a general idea of what has commonly happened over time.

Does this mean you should avoid Nvidia stock? Not necessarily. Nvidia remains an excellent buy due to its well-established leadership in AI chips, its expansion across other products and services, and its long-term prospects in the AI market. And right now, trading at 23x forward earnings estimates, it's particularly cheap. This means that you shouldn't rush into Nvidia stock with the expectation of a quick gain after Aug. 26. Instead, it's a better idea to pick up the shares with the idea of focusing on long-term performance -- and there, you might score a major win.

As capital markets navigate mid-summer volatility, Cathie Wood’s ARK Invest has been quietly repositioning its flagship portfolios.

The growth-focused asset manager made headlines throughout July 2026 by taking profits and trimming exposure to several market darlings.

Rather than abandoning technology, Wood’s systematic divestments reflect a tactical pivot away from mature tech valuations toward high-conviction, early-stage opportunities across her active exchange-traded funds (ETFs).

Here are three popular names she has unloaded this month.

Semiconductor powerhouse Advanced Micro Devices emerged as ARK Invest’s largest overall reduction during mid-July 2026.

During the week ended July 17, ARK offloaded roughly $39.2 million worth of AMD shares across its fund lineup, including a single-day selloff of 23,573 shares ($11.8 million) on July 17 alone.

Wood continued trimming the position on July 20, selling an additional 8,129 shares valued at over $4 million.

While AMD stock remains a critical beneficiary of the artificial intelligence hardware buildout, Wood’s aggressive profit-taking highlights a deliberate shift away from legacy chipmakers following their multi-quarter run.

Retail brokerage favorite Robinhood Markets also faced steady selling pressure from ARK Invest as July progressed.

The trading app operator, which has benefited immensely from surging retail crypto and options activity, was trimmed across ARK’s Fintech Innovation ETF (ARKF) and Next Generation Internet ETF (ARKW).

On July 20, ARK sold 41,322 shares of HOOD valued at roughly $4.13 million.

The ongoing reduction marks a calculated retreat from consumer-facing brokerages, allowing Wood to capture gains following Robinhood’s stock appreciation while maintaining strict concentration limits across her fintech holdings.

E-commerce platform Shopify experienced one of the single largest sell orders across Wood’s fund suite this month.

On July 20, ARK Invest sold 203,352 shares of Shopify across its flagship ARK Innovation ETF (ARKK), ARKW, and ARKF, amounting to an eye-popping $25.1 million in a single trading session.

Although Shopify remains an innovation titan in digital retail software, Wood routinely scales back position sizes after extended share price expansions.

The massive mid-July trade underscores a disciplined rebalancing routine, unlocking liquid capital from a mature core holding.

The unified thesis behind Cathie Wood’s decision to trim AMD, Robinhood, and Shopify centers on valuation discipline and strategic capital reallocation.

Following substantial price run-ups, these mega-cap and mid-cap tech favorites reached elevated valuation multiples, triggering ARK’s automated portfolio rebalancing thresholds.

Instead of sitting in cash, Wood is funneling these proceeds into assets she believes offer asymmetric upside – most notably expanding allocations in billionaire Elon Musk’s aerospace and AI titan SpaceX, clean baseload developer X-Energy, and mega-cap giant Meta Platforms.

Note that Wood expects SpaceX to eventually become the most important company in the whole wide world.

Crypto Payments Firm Triple-A Hit by $9.7 Million Wallet Drain

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SummaryLockheed Martin delivered accelerating organic growth, a record backlog, and raised guidance, supporting my buy rating after an 8.7% stock outperformance.LMT's Q2 results featured 7% underlying sales growth, strong free cash flow recovery, and a $230 billion backlog, but margin expansion remains limited.Missiles & Fire Control is the core growth engine, with new multi-year contracts enhancing volume and profit retention, while execution risks persist in scaling production.I downgrade LMT from strong buy to buy as upside moderates; the price target is $643.33 in the base case, with share repurchases likely resuming post-Ultra Maritime acquisition.Looking for more investing ideas like this one? Get them exclusively at The Aerospace Forum. Learn More » Photofex-AT/iStock Editorial via Getty Images

Lockheed Martin (LMT) delivered a strong quarter and raised its guidance, supporting my strong buy rating issued in June (Note: My prior report erroneously identified Lockheed Martin as a buy, contradicting the strong buy

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Sui [SUI] faced a 5% price drawdown in the past 24 hours, with a 9.6% uptick in daily trading volume. This was worrisome as it suggested a short-term increase in selling pressure.

The rest of the crypto market has faced losses over the past day, too. Bitcoin [BTC] and Ethereum [ETH] were down 1.05% and 1.14%, respectively. Compared to these market leaders, Sui was underperforming in the short-term.

Why the Sui downturn is surprising Coinbase announced that SUI can be staked directly on the exchange. Staking rewards would directly accumulate to the user’s account. It offered an easy, effortless way of earning rewards.

Source: Ted on X Trader Ted noted that the bullish catalyst could help the altcoin break past the descending trendline resistance in place since early June. The token has defended the $0.66 support zone well so far.

Some more consolidation followed by a bullish breakout was a viable scenario, the trader wrote.

Source: SUI/USDT on TradingView The swing low at $0.65, made in June, marked the swing structure’s low. The RSI on the 1-day timeframe recently climbed above neutral 50, but the losses of the past three days sent the momentum indicator tumbling once more.

The OBV was in a downtrend, although the selling pressure has eased in July.

A pullback, in the form of a rally toward $1.12-$1.25, the Fibonacci golden pocket, was technically possible. However, it was far from playing out in reality.

Traders’ call to action- Wait Source: SUI/USDT on TradingView In July, SUI has been trading within the $0.70-$0.77 range. Traders can look to trade the token within this range. The RSI on the 4-hour chart was in oversold territory as the token approached the range lows.

While this can be a buying opportunity, a breakout past the $0.82 local resistance zone would be a stronger buy signal for swing traders. Similarly, a breakdown below $0.65 would signal that the next impulse bearish price move was imminent.

Final Summary The Coinbase staking news has served as a sell-the-news type event. The short-term range between $0.70-$0.77 might provide trading opportunities, but the $0.82 supply zone is also one to keep an eye on.

Here's the latest from the Core Team amid the struggles of the project's native token.

Pi Network’s team announced earlier today that it has completed the distribution of its second testnet token, called Slice, through the Pi Launchpad.

The statement also outlined how users (known as Pioneers) can take advantage of and explore its functionalities.

SLICE Distributed Recall that the initiatives around testnet tokens began on PiDay 2026 (March 14), and nearly 480,000 users took part in the Launchpad testing. According to the team, they generated “valuable feedback on the Launchpad mechanism,” which was incorporated into a simpler participation flow, updated mechanics, and an improved user experience.

To build on top of the initial progress, Pi Network launched a second testnet token called Slice in June. Testing began on June 12 and remained open until June 28 (Pi2Day). Although it has been almost a month since then, the team remained quiet on the SLICE front until earlier this morning.

In a post on X, they announced the successful distribution of the testnet token and urged users to explore the “post-launch experience and see how liquidity pools work through the new price tracking feature.” They explained that the Launchpad app in the Pi Browser shows individual allocation details, the launch and effective token prices, access to the SLICE liquidity pool, and a chart tracking changes in the asset’s price relative to test-Pi (the other testnet token).

PI’s Weird Price Moves The official native token of the project has been quite volatile lately, mostly heading downhill. It plunged to a new all-time low of $0.07 a couple of weeks ago after it lost the coveted $0.10 support. After a few unsuccessful breakout attempts, it finally rocketed by 20% daily last Sunday and challenged the same level but from the downside.

However, the resistance now was too strong, and PI failed in its tracks. Another major leg down came yesterday when it plummeted by over 10% to $0.082 after some warning signs hinted at an upcoming rejection.

Meanwhile, some users have complained online that they have detected strange activity in their Pi Wallets, including missing tokens and countless failed transactions to unknown addresses.

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According to EmberCN’s monitoring, the Worldcoin Foundation sold 217 million WLD tokens to institutions including Pantera Capital roughly 8 hours ago, securing approximately $52.5 million in funding. The Worldcoin Foundation had not previously disclosed the specific sale price, but following the announcement, the team wallet transferred around 217.4 million WLD tokens to multiple addresses. Calculated based on the token volume and financing amount, the sale price came to roughly $0.24 per token, a roughly 36% discount to WLD’s current market price. The sold WLD tokens are subject to a 1-year lock-up period, with institutional investors gaining trading eligibility once the lock-up period expires.

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