Alphabet má 28. října zveřejnit hospodářské výsledky za třetí čtvrtletí; autor očekává, že tržby Google Cloud meziročně vzrostou o více než 100 % na více než 30,3 miliardy USD.
Alphabet (GOOG -2.32%) (GOOGL -2.47%) is set to report its third-quarter earnings on Oct. 28, and all eyes will be on the company's cloud computing business. Google Cloud is on track to become the company's largest driver of operating income growth in the next few quarters. And with the massive amount of capital management is piling into building more compute capacity, it's become the biggest focus of investors, who want to see a good return on that investment.
After Google Cloud revenue growth accelerated to 82% in the second quarter, I predict the segment will more than double revenue in the third quarter. Here's why, and what it means for Alphabet shareholders.
Image source: The Motley Fool.
Google Cloud is set for another big step up in revenue
There are several reasons to expect further acceleration in Google Cloud revenue for the third quarter.
If you simply look at Alphabet's spending, it provides a strong signal. There's a delay between when Alphabet spends capital and when it can start monetizing the assets it's spending on. The average data center takes a couple of years from groundbreaking until it's ready for servers and networking equipment, and there's about a three-month delay between buying a bunch of server racks and getting them online for service. Considering Alphabet's capital expenditures have accelerated in every quarter since the start of 2025, it's a good bet revenue will continue to accelerate as well.
The likelihood is supported by management's reiteration that it's still capacity-constrained. So, the servers it puts in place are highly utilized right away. Management says it expects to recognize half of its $514 billion revenue backlog over the next 24 months, averaging $32 billion per quarter. What's more, management said customers are exceeding their commitments by more than 50%, pushing the potential average closer to $50 billion per quarter.
The second factor to consider is that Alphabet is accelerating revenue next quarter by offloading more of its workload to neocloud companies. "We plan to expand the use of third‑party capacity in Q3 as a bridging strategy while we build out more internal capacity," CFO Anat Ashkenazi said on the company's second-quarter earnings call. She warned that it will put pressure on Google Cloud's margin, but allows the company to "capture greater overall value."
GOOGL Alphabet$340.59-$8.63 (-2.47%)
NASDAQ · As of 4:00 PM ET 10/16/26
The last factor that could drive Google Cloud revenue is the company's plans to sell its custom TPU chips directly to third parties. Direct TPU sales will have a relatively small impact on revenue but should provide a significant step-up from the second quarter. Alphabet's inventory on its balance sheet climbed to $10 billion, up from $2.4 billion at the start of the year. That represents potential sales, mostly of TPUs for which it's already contracted.
In order for Google Cloud revenue to grow 100% year over year, it needs to top $30.3 billion. That's about $5.5 billion more than it earned in the second quarter. That's a tall order, to be sure, but based on Alphabet's spending, plans to offload some capacity, and its burgeoning TPU business, it's within reason.
What accelerating cloud revenue means for Alphabet investors
While Google Cloud revenue has accelerated, many investors remain concerned about Alphabet's ability to produce strong returns on its artificial intelligence spending. The company reported negative free cash flow for the first time as a public company last quarter, and free cash flow is expected to fall deeper into the red over the next few quarters.
That's weighed heavily on the stock price. Shares have dropped since hitting an all-time high in the spring, and currently trade for 26 times forward earnings estimates.
That's the lowest multiple among the big three public cloud platforms, even though its cloud business is growing faster than the competition's and its Search business continues to generate substantial (and growing) operating income every quarter. What's more, Google's better positioned to produce high returns on its invested capital thanks to the popularity of its TPU chips, which produce faster payback periods than traditional GPU chips.
Overall, Alphabet looks like the best cloud provider to buy right now, with its cloud revenue set to drive earnings much higher over the next few quarters.
Microsoft ukončil smlouvu s Nscale týkající se datového centra v Loughtonu v Essexu. Projekt čelil zpožděním a připojení k elektrické síti se očekává až ve 30. letech 21. století.
Microsoft (MSFT.O) has pulled out of a data center deal with British cloud provider Nscale, Britain's Telegraph newspaper reported on Sunday.
The US tech giant, one of Nscale's two largest customers, recently terminated its agreement for the data center in Loughton, Essex, according to the report.
The newspaper did not specify why Microsoft withdrew from the project, and Microsoft did not immediately respond to Reuters requests for comment outside regular business hours.
The Telegraph report said Nscale had faced repeated delays with the project. National power grid officials, it reported, had told Nscale they did not expect a power supply for the data center until the 2030s.
"Our relationship with Microsoft remains strong and long-term, and this unfortunate London-wide grid issue has no impact on our other contracts," an Nscale spokesperson told Reuters.
"We remain committed to both the Loughton project and the UK, and we are exploring alternative power sources for the site, in addition to other expansion sites in the UK."
Nscale filed for an initial public offering in the US last month, with Microsoft and Anthropic expected to be its major customers, according to its prospectus.
Nscale provides infrastructure, including compute, power and data centers, as well as software for training and running AI models.
The Nvidia-backed (NVDA.O) AI group, which competes against CoreWeave (CRWV.O), Nebius (NBIS.O), Crusoe and Lambda, has grown rapidly since its launch, scaling from $100 million to more than $103 billion in total contracted value in just two-and-a-half years.
Warren Buffett ve svých 96 letech předává předsednictví společnosti Berkshire Hathaway synovi Howardovi, zatímco Greg Abel zůstává jeho nástupcem ve funkci výkonného ředitele. Buffett uvedl, že budoucnost společnosti nikdy neviděl optimističtěji.
Last year, Warren Buffett, who built Berkshire Hathaway (BRKA +1.08%) (BRKB +1.21%) into a $1.1 trillion behemoth, announced he was stepping down as CEO after 60-some years, remaining chairman of the board of directors. This year, he turned 96 and made another announcement -- he's remaining on the board as chairman emeritus, but handing the chairmanship to his son Howard.
Buffett has expressed no worries about the future of Berkshire Hathaway, which should encourage his fellow shareholders. Here's a look at why he's confident -- and whether you should be, too.
Former Berkshire Hathaway CEO Warren Buffett. Image source: Getty Images.
Why Buffett believes in Berkshire Hathaway
Why would Buffett have long-term confidence in a company he's no longer going to be leading? Well, I can think of a bunch of reasons:
He built the company to last, and has likened it to a masterpiece he has painted painstakingly over many years.
He sought resilience in how he built it, and in a 2014 letter to shareholders, he said: "I believe that the chance of permanent capital loss for patient Berkshire shareholders is as low as can be found among single-company investments. That's because our per-share intrinsic business value is almost certain to advance over time." And he added:
"I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year flood; in fact, if it occurs we will be selling life jackets to the unprepared. Berkshire played an important role as a "first responder" during the 2008-2009 meltdown, and we have since more than doubled the strength of our balance sheet and our earnings potential. Your company is the Gibraltar of American business and will remain so."
Over many years, Berkshire has built a reputation as a wonderful and trustworthy home for great businesses looking to be sold. This should help it to acquire additional solid subsidiaries.
He has planned for succession at Berkshire superbly, in my opinion. When he announced his retirement from the CEO post, shareholders and others had many months to digest the news and prepare. And he had long told shareholders that the board of directors was prepared, should anything happen to him, with the name of his successor.
That successor turned out to be Greg Abel, a longtime Berkshire manager (of its energy operations) who has been making decisions for Berkshire for a long time.
Buffett has full faith in Abel, saying, in his farewell letter, "My expectations for him were sky high from the start, and he has exceeded them." He also said, about Berkshire, "I have never felt better about what comes next."
$532.02+$6.34 (+1.21%)
NYSE · As of 4:00 PM ET 10/16/26
Should you believe in Berkshire, too?
In my opinion, Berkshire is a great portfolio candidate for most long-term investors. It happens to be my largest holding -- because I have faith that it will be a steady one in times of turbulence.
Its shares seem reasonably valued or a bit overvalued at recent levels, with the forward-looking price-to-earnings (P/E) ratio of 25.6 above the five-year average of 21.2. So perhaps add Berkshire to your watch list, waiting for a better price, or buy incrementally over time.
Selena Maranjian has positions in Berkshire Hathaway. The Motley Fool has positions in and recommends Berkshire Hathaway. The Motley Fool has a disclosure policy.
Generální ředitel společnosti American Airlines Robert Isom prodal 335 199 akcií za 4,3 milionu USD, aby uhradil daňové povinnosti související s nabytím omezených akciových jednotek.
Robert D. Isom Jr, CEO and President of American Airlines Group Inc. (AAL -3.26%), disposed of over 335,000 shares on Sept. 20, accordig to SEC Form 4 filing
Transaction summaryMetricValueTransaction value$4.3 millionShares sold335,199Post-transaction shares (directly held)3,459,080Post-transaction value$44.8 millionTransaction value and post-transaction value based on SEC Form 4 weighted average sale price ($12.96).
Company OverviewMetricValueShare Price (as of Sept. 21 market close)$13.57Market Capitalization$8.7 billionRevenue (TTM)$58.3 billionNet Loss (TTM)$326.0 millionCompany SnapshotAmerican Airlines Group operates one of the largest airline networks in North America
It operates as a major network air carrier providing scheduled air transportation services for passengers and freight across a comprehensive domestic and international route network.The company generates revenue through passenger ticket sales, cargo services, and ancillary offerings, leveraging a hub-and-spoke operating model centered on nine primary domestic hubs, including Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C.American Airlines serves both leisure and business travelers globally, with strategic international gateways in London, Madrid, Seattle/Tacoma, Sydney, and Tokyo.What this transaction means for investorsA significant share sale by a major insider, like a CEO, gets investors’ attention. However, this transaction shouldn’t raise any red flags.
That’s because he conducted his share sale solely to meet his tax obligations relating to the vesting of his restricted stock units. That doesn’t reflect his confidence, or lack thereof, in American Airlines’ business prospects.
Similarly, Vice Chair Stephen Johnson also sold about 78,000 shares at the same time for that reason.
However, investors should note that the airline industry faces challenges, including higher fuel prices that could create cost pressures. Right now, carriers have been able to raise fares, but that might not last, and American Airlines and competitors could see demand falter. Naturally, that would hurt revenue and profitability.
Investors have been cautious about American Airlines’ prospects, based on the share price performance. This year, the stock lost 22.5% through Oct. 16. That compares to the S&P 500 index’s 12.9% total return.
Source: SEC Form 4 filing for AAL | Filed: Sept. 21
Lawrence Rothman, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Virgin Galactic Holdings (SPCE -5.81%) may have experienced a brief speculative frenzy during last summer's space stock boom, but in recent months, arguably more game-changing news has emerged from the private spaceflight company.
Not only is Virgin Galactic months away from launching its first commercial flight, but it successfully sold out its initial offering of flight tickets, even after raising the price from $600,000 per person to $750,000. Yet while management has boasted that this will significantly reduce its near-term cash burn, is this strong demand arriving just in time, or is it too little too late?
Image source: Getty Images.
Virgin Galactic, rising demand, and its impact on cash burn Back in August, Virgin Galactic released its second-quarter results. While bottom-line losses and cash burn were expected for this pre-revenue company, management highlighted a few green shoots in its guidance for the quarters ahead. In addition to announcing that it had paid down around $58.4 million in outstanding debt, the company revealed promising news about rising demand and ticket prices for its upcoming commercial flights, set to begin in February.
$2.43-$0.15 (-5.81%)
NYSE · As of 4:00 PM ET 10/16/26
Its latest tranche of tickets, priced at $750,000 each, sold out, and CEO Michael Colglazier said he expects the company to "deliver positive quarterly cash flow within 2027." Figures provided in the second-quarter earnings presentation support the argument that rising demand and increased pricing power are paving the way to profitability.
From its initial fleet alone, Virgin Galactic expects to generate $450 million in annual revenue, with adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $90 million to $115 million. This would represent a significant reversal given that during Q2 alone, Virgin Galactic reported negative free cash flow of $90.7 million.
What this means for SPCE shares Over a longer time frame, if Virgin Galactic successfully expands its fleet, and then expands to two spaceports, expect an even more outsized impact on financial results. Management's estimates are that an expanded fleet would generate between $450 million and $500 million in adjusted EBITDA, and predict that with an expansion to two spaceports, the company would generate $1 billion to $1.1 billion in adjusted EBITDA.
Yet, while Virgin Galactic appears on the verge of a serious inflection point, is now the time to buy? While a path to profitability may exist, it's less certain whether that pivot from cash burn to positive cash flow will occur on time. For the second half of 2026, management is guiding for cash burn of up to $190 million. Virgin Galactic reported $286 million in cash on hand as of June 30, but much of that came from its recent $134 million at-the-market (ATM) equity offering.
To shore up its balance sheet, the company may need to sell additional equity, which would dilute existing shareholders. Even if Virgin were only to raise another $100 million, this would still cause serious shareholder dilution given the company's current market cap in the neighborhood of $350 million. With Virgin Galactic stock once again on a downward trajectory, and its next quarterly report nearly a month away, you should probably sit and wait for a better entry point, even if you're bullish on its long-term prospects.
Netflix očekává ve třetím čtvrtletí meziroční růst tržeb o 12 %; výhled na čtvrté čtvrtletí naznačuje růst o 11 až 14 %. Akcie letos klesly asi o 23 %.
Netflix (NFLX -2.87%) has a good fourth-quarter record. Going back to 2002, the shares ended the final three months of the year up in 17 of 24 years. This count goes from the last closing price in September to the last close in December, adjusted for stock splits.
And in a typical year, the rise was big. The median fourth-quarter return across these 24 years was around 12%.
The latest fourth quarter, though, went the other way. Netflix shares began it near $120 and finished it under $94, a loss of about 22%.
This year's quarter starts at a far lower point. At roughly $72 as of this writing, the stock is up about 4% since September ended but still trades 42% under its 52-week high of $124.86.
The company posts its third-quarter results on Tuesday, Oct. 20.
A record like that can make the calendar look like it's on Netflix's side. But I don't think the calendar deserves much of the credit. In most of those years, the October report seemed to set the quarter's direction.
Image source: Getty Images.
Big October moves usually holdNetflix releases its third-quarter results a few weeks into the fourth quarter, and the growth stock's reaction the next trading day has been a surprisingly good guide to how the quarter ends. Since 2004, Netflix has seen 14 one-day moves of 10% or more just after its October report. In 13 of those years, the shares closed the fourth quarter in the same direction.
The past four years show how it works. After the October reports in 2022, 2023, and 2024, the stock jumped 13%, 16%, and 11% the next day -- and then finished those fourth quarters up around 25%, 29%, and 26%.
Last year it worked in reverse. Shares dropped 10% the day after the October 2025 report, when an expense linked to a dispute with Brazilian tax authorities brought Netflix's third-quarter operating margin down to 28%, under the 31.5% management had forecast. The stock kept slipping into December, when Netflix agreed to buy Warner Bros. (a deal canceled in February). And the quarter ended with that 22% loss.
The only exception was 2012, when a 12% fall after the October report gave way to a 70% gain for the full quarter.
Smaller reactions have said far less. In the eight years the stock moved less than 10% after its October report, the fourth quarter went the other way six times.
Growth has slowed all yearWhat's changed since last October is the growth picture. A year ago, the streaming service headed into its fourth quarter with revenue growth picking up. Third-quarter 2025 revenue climbed 17% year over year, and management forecast 17% growth in the fourth quarter, too.
Shares dropped anyway.
This year, the trend goes the other way. Showing how steady the slowdown has been, Netflix's revenue rose 18% year over year in the last quarter of 2025. Growth has cooled every quarter since, dropping to 16% in the first three months of 2026 and 13% from April to June. And management's forecast calls for 12% in the third quarter.
Sure, investors already know about the slowdown, and the stock price arguably reflects much of it. Shares cost around 19 times the earnings analysts expect for 2027 -- arguably a fair price for a business whose revenue is still growing at a double-digit rate.
NFLX Netflix$70.53-$2.08 (-2.87%)
NASDAQ · As of 4:00 PM ET 10/16/26
What could swing this quarter?I think the fourth-quarter forecast will probably count more on Oct. 20 than the third-quarter results themselves. In July, management narrowed its full-year revenue outlook to a range of $51.0 billion to $51.4 billion. Along with its third-quarter forecast, that range allows for fourth-quarter revenue growth anywhere from around 11% to 14%.
A forecast near the top of that range would mean growth speeding up from the third quarter's rate for the first time since late 2025. News like that might cause one of those double-digit moves higher.
True, a forecast near the bottom may be smaller news than last year's margin miss. But it'd be yet another step down in growth. Shares have already dropped around 23% in 2026 as growth has slowed.
Seventeen gains in 24 years is a good record. But I wouldn't bank on it this year. I'd put much more weight on what Netflix says about fourth-quarter growth on Oct. 20.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Hyliion To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Hyliion between May 12, 2026 and June 23, 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).
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New York, New York--(Newsfile Corp. - October 18, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Hyliion Holdings Corp. (""Hyliion" or the "Company") (NYSE American: HYLN) and reminds investors of the October 27, 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) in order to cause rapid price appreciation in Hyliion stock, Defendants announced a deal with an entity that was very recently formed and does not appear to have any actual business operations; (2) the Individual Defendants timed the announcement and foregoing price appreciation to insider trade; and (3) as a result, Defendants' statements about Hyliion's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
On June 23, 2026, Pelican Way Research issued a report entitled "Hyliion: A Glorified Science Project Who Has Continuously Failed to Meet Expectations And Is Now Throwing Around A Meaningless Deal." On this news, Hyliion's stock price fell $1.27, or 17.2%, to close at $6.10 per share on June 23, 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 Hyliion's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Hyliion class action, go to www.faruqilaw.com/HYLN or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the Hyliion Securities Class Action Lawsuit:
What is the Hyliion securities fraud lawsuit about?
The lawsuit alleges that Hyliion Holdings Corp. and certain of its executives engaged in securities fraud during the class period by making materially false and misleading statements about the company's business, operations, and prospects. Specifically, the complaint allegedly asserts that Defendants announced a deal with a recently formed entity that does not appear to have any actual business operations, purportedly to cause rapid and artificial appreciation in Hyliion's stock price. The lawsuit further alleges that certain individual defendants timed the announcement and resulting price appreciation to engage in insider trading. On June 23, 2026, Pelican Way Research published a report critical of the company and its deal announcement, after which Hyliion's stock price allegedly fell $1.27 per share, or approximately 17.2%, to close at $6.10.
Who may be eligible to participate in the lawsuit?
Investors who purchased or otherwise acquired Hyliion Holdings Corp. (NYSE: HYLN) securities on the New York Stock Exchange between May 12, 2026 and June 23, 2026, inclusive, may be eligible to participate in this lawsuit. Eligible investors are not required to seek appointment as lead plaintiff in order to be considered a class member or to potentially share in any recovery that may be obtained. Class membership is open to all qualifying investors who suffered losses on their Hyliion holdings during the stated class period, subject to the outcome of the litigation. Investors who believe they may qualify are encouraged to review their trading records to determine whether their purchases fall within the applicable timeframe.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff is a class member appointed by the court to act as the representative party on behalf of all class members in directing the litigation, including decisions regarding litigation strategy and the selection of lead counsel. Any investor who purchased Hyliion securities during the class period and suffered a loss may move for appointment as lead plaintiff, and the court generally appoints the movant with the largest financial interest in the relief sought who otherwise satisfies applicable legal requirements. The deadline to file a motion seeking appointment as lead plaintiff is October 27, 2026. Importantly, investors are not required to seek or serve as lead plaintiff in order to participate in the class action or to share in any recovery that the litigation may produce.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Hyliion 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/319406
Source: Faruqi & Faruqi LLP
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Centrus Energy má nasmlouvané zakázky v hodnotě 4,5 miliardy USD, ale analytici očekávají, že tržby i čistý zisk budou do roku 2028 klesat, než firma obnoví domácí obohacování uranu.
Centrus Energy (LEU -9.50%) is one of the few U.S. companies authorized to sell low-enriched uranium (LEU), the most common fuel for commercial nuclear reactors. It's also the only public U.S. company that sells high-assay low-enriched uranium (HALEU) for next-gen reactors.
Those advantages make Centrus a bellwether of the nuclear energy market, which is benefiting from the expansion of the power-hungry cloud, industrial automation, and AI markets. But could they help Centrus deliver millionaire-making gains over the next few decades?
Image source: Getty Images.
Centrus will shrink before it grows again
Centrus shut down its domestic LEU enrichment plants 13 years ago when it became cheaper to import LEU from overseas and resell it to U.S. utilities. But over the past few years, the sanctions against Russia and the U.S. government's push toward energy independence have driven Centrus to start producing HALEU in the U.S. and to restart its LEU operations in Ohio.
$114.94-$12.07 (-9.50%)
NYSE · As of 4:00 PM ET 10/16/26
Centrus ended its latest quarter with a backlog of $4.5 billion, which is 9.5 times its projected 2026 revenue, but analysts expect its annual revenue and net income to decline from 2025 to 2028. The main issue is that the U.S. will fully ban Russian uranium imports by 2028, before Centrus can fully restart its domestic LEU operations at a commercial scale.
Centrus should eventually overcome these growing pains and start converting its backlog into revenue, but it isn't cheap at 40 times next year's earnings. While Centrus will remain a linchpin of the nuclear market, I doubt it will mint many new millionaires within the next few years.
Leo Sun has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Technology consultant Gartner recently predicted that 80% of neocloud companies will no longer exist by 2030. That assessment has sent the stocks in the segment into a tailspin and could actually be the catalyst for the companies to collapse. Neocloud companies are spending a huge amount of money on AI infrastructure, most of which is funded by debt. If there is a fear that the sector could collapse because of Gartner's forecast, affordable funding could dry up, causing the industry to implode.
If this were to happen, my prediction is that SpaceX (SPCX -1.74%) would be the biggest winner. Here's why.
SPCX Space Exploration Technologies$146.03-$2.59 (-1.74%)
NASDAQ · As of 4:00 PM ET 10/16/26
The ultimate neocloud company
SpaceX is arguably a neocloud company itself. In May, it received a large commitment from Anthropic, which agreed to pay SpaceX $1.25 billion a month through May 2009 for access to more than 300 megawatts of computing power coming from roughly 325,000 Nvidia graphics processing units (GPUs). That deal was worth about $45 billion, although Reuters reported in late September that the deal had been upped to $84.5 billion.
Those aren't the only commitments that SpaceX has grabbed this year. Alphabet will pay it $920 million a month for access to 110,000 Nvidia GPUs through June 2029. SpaceX also announced another $1.11 billion-a-month hosting deal from an unnamed party beginning in December.
SpaceX has been aggressively building out its AI infrastructure for both its own use and to rent out to customers. Chief Executive Officer Elon Musk said the company was on track to add 440,000 GPUs by the end of November, with the hope of an additional 220,000 units by the end of the year. It is also working with Apollo Capital Management and several banks to secure funding to buy $40 billion worth of GPUs from Nvidia.
This is where SpaceX has a huge advantage compared to other neoclouds. The company has a much lower cost of capital compared to others in the sector. It is investment-grade, and the GPUs will be used as collateral, so it will be able to finance its spending at a much lower interest rate. The company's high stock price and valuation are also an advantage, giving it potent currency to help fund its build-out.
Image source: The Motley Fool.
This dynamic should also make SpaceX a preferred choice among customers and banks, who may become wary of having exposure to a leveraged neocloud start-up. This should help SpaceX benefit from a flight to quality.
If neoclouds get largely wiped out, SpaceX would also likely be one of the first in line to scoop up some of these assets at a huge discount. Cloud computing companies and other hyperscalers have been increasingly turning to their own custom AI chip roadmaps, making it harder for them to absorb off-the-shelf GPU infrastructure seamlessly. SpaceX, meanwhile, has concentrated on Nvidia's GPUs, and its strong relationship with the chipmaker could give it an edge in acquiring any distressed computing assets.
In any distressed sale, Nvidia, given its backstop arrangements with neoclouds, will have a say in who gets to assume hardware leases or buy out collateral. Given its relationship with SpaceX and its stake in the stock, Nvidia would have an incentive to get these distressed GPU clusters into the hands of SpaceX. Meanwhile, the most valuable assets to acquire from a neocloud aren't its chips, but its power grid access and site permits.
If high debt and funding issues trigger a wave of neocloud bankruptcies, as predicted by Gartner, SpaceX won't just survive the fallout; it will be the primary beneficiary. It will be able to buy up cheap hardware, power access, and data center real estate to build the largest AI cloud network on Earth before tackling data centers in space. That makes the AI stock an intriguing buy on this recent sell-off.
Alphabet (GOOG -2.32%) (GOOGL -2.47%) might have what it takes to double in value by 2030. It is in the middle of a correction, but its 35% return during the past year shows what is possible when the stock gains momentum. Artificial intelligence (AI) is a major catalyst that continues to light up every part of the business. Here's what it would take for Alphabet to double by the end of the decade.
Image source: Getty Images
Google Cloud revenue must continue to accelerate Google Cloud used to be a cash drain for the company, but it's now the centerpiece of the stock's recent gains. The cloud platform's revenue rose 82% year-over-year in the second quarter, compared to a 32% year-over-year growth rate in Q2 2025.
GOOG Alphabet$336.91-$8.00 (-2.32%)
NASDAQ · As of 4:00 PM ET 10/16/26
AI has significantly increased the demand for cloud computing and storage, and that has resulted in substantial sequential growth. When Alphabet reports Q3 earnings in the end of October, it's entirely possible for the cloud segment to almost double year-over-year. Google Cloud already has a $514 billion backlog, which is enough to cover more than five years of cloud revenue at current levels.
Google search and YouTube also did well, with 17% and 13% year-over-year revenue growth, respectively. They are still important parts of the business that generate wide margins, but Google Cloud is the more important piece of the puzzle when assessing if Alphabet stock can double by 2030.
Widespread Gemini usage can unlock additional opportunities Gemini is already producing tangible results for Alphabet and increasing how much time people spend in the company's digital ecosystem. The Gemini app reached 950 million monthly active users, with Gemini processing 22 billion tokens (units of data) per minute, marking almost 40% sequential growth.
That doesn't mean Gemini is processing 22 billion searches per minute. Hundreds of tokens are required for the AI model to interpret your prompt, search the internet for relevant information, and provide a response. Each of those actions results in thousands of tokens being processed for basic searches.
However, the increased token processing demonstrates that more people are being more active on Gemini. It's adding new users while boosting engagement levels from existing customers.
Gemini is still a small part of overall revenue, but its vast customer base and enterprise applications can turn it into a major part of Alphabet's future growth story. Key products like Google Search and Google Maps already incorporate Gemini, making it easier for people to get familiar and comfortable with this tool.
Waymo is a huge wild card that isn't make-or-break for Alphabet Continued growth from Google Cloud and Gemini may be enough to double the stock by 2030. It has a respectable 22.8 forward price-to-earnings (P/E) ratio, and while net income is a bit skewed by investment gains counting toward that total, a 30% jump in net operating income shows that margins are improving without gains from its SpaceX (SPCX -1.74%) and Anthropic stakes.
However, those aren't the only ways Alphabet is involved with AI. Its robotaxi company, Waymo, is the industry's leader. Waymo's self-driving vehicles are already conducting autonomous rides for consumers in multiple cities. Expansion into additional cities, new milestones beyond 500,000 autonomous rides per week, and other Waymo catalysts can propel the stock even if profitability remains multiple years away.
Investors saw with Google Cloud that it can take years to break even, but once it does, revenue growth and margins can scale quickly. Waymo did not come up in the Q2 press release or earnings slides, but it was a major item in the Q1 press release.
It's anyone's guess if meaningful Waymo news will come out in the third quarter, but significant developments should come out when expanding the time horizon to the end of the decade. For most companies, something like Waymo would be at the center of the investment thesis. However, it's extra gravy for Alphabet's financials that can be a sizable part of the business within a few years. By the time that happens, Alphabet stock may end up doubling.
Shares of Microsoft (MSFT -1.93%) closed at a record $543.45 on Oct. 13 and slipped about 2% a day later, finishing Oct. 14 at $533.69. The software giant's next earnings report, for its fiscal 2027 first quarter, is due Oct. 28.
My prediction is that Microsoft stock will trade near $730 by the middle of 2030. Specifically, it's my estimate of the price on June 30, 2030, when Microsoft's fiscal 2030 ends. It assumes non-GAAP (adjusted) earnings per share rise about 13% a year from here, and that investors pay about 26 times those earnings then.
That price would be around 37% over the stock's Oct. 14 close, or about 9% a year before dividends. And it needs Microsoft's earnings to rise at just a bit over half the rate they managed last fiscal year.
Image source: Getty Images.
A solid starting pointFor the fiscal year that ended June 30, 2026, Microsoft boosted adjusted earnings per share 22% to $17.28. The adjusted number strips out gains and losses on the company's investment in OpenAI.
Notably, growth didn't slow as the year went on. Against the year-ago periods, adjusted earnings per share rose 24% in the fiscal second quarter of 2026 (the period ended Dec. 31, 2025), then 21% in fiscal Q3 and 23% in fiscal Q4. Full-year revenue was $331.8 billion, up 18%, and operating income climbed 21%.
The full-year number also includes a $3.2 billion gain on Microsoft's investment in Anthropic, booked in fiscal Q4. If anything, then, the $17.28 starting point might be a bit generous.
Spending may slow earnings growthBut I don't expect 22% growth to hold. The biggest reason is the cost of building data centers for artificial intelligence.
Microsoft's spending on property and equipment totaled around $116 billion in fiscal 2026, up about 80% from about $65 billion the year before. That spending hits the income statement over time as depreciation, and the charge is already climbing faster than sales. The line on Microsoft's cash flow statement for depreciation, amortization, and other items rose 31% to $38.5 billion last fiscal year, well above 18% revenue growth. And the spending keeps rising. Fiscal Q4's additions to property and equipment were $35.8 billion, over double the year-ago quarter's $17.1 billion.
True, Microsoft is extending the estimated useful lives of its data centers and office buildings from 15 years to 25 years, which spreads out some of that cost. But management said the change should have just a minimal benefit to fiscal 2027 operating income.
"Even as we invest to meet growing demand, full fiscal year operating margins should be down less than a point," CFO Amy Hood said of fiscal 2027 on the company's July earnings call.
Buybacks likely won't help much, either. Microsoft bought back around $22 billion of its stock in fiscal 2026, but its diluted share count hardly moved, at about 7.45 billion against 7.47 billion the year before.
Given all that, I'm assuming adjusted earnings per share grow around 13% a year. Compounded over four years, that could bring the number from $17.28 to around $28 in fiscal 2030.
What will investors pay in 2030?At $533.69, the stock's price-to-earnings ratio is around 31, using fiscal 2026's adjusted earnings per share of $17.28.
Investors paid far less earlier this year. When shares closed at $352.83 on June 25, their lowest close of the past year, the price-to-earnings ratio was around 21 using the $16.40 in adjusted earnings per share over the previous four quarters.
MSFT Microsoft$529.05-$10.39 (-1.93%)
NASDAQ · As of 4:00 PM ET 10/16/26
I'm splitting the difference at 26 times earnings. It's still a healthy price for every dollar of profit, but it lets the price-to-earnings multiple drop as growth cools. Multiply around $28 in adjusted earnings per share for fiscal 2030 by 26, and you get about $730 a share.
Sure, the valuation multiple is the shakier half of this math. If investors pay only the 21 times earnings they paid in June, those same earnings would support a price of around $590, just 11% over the stock's Oct. 14 close.
In the end, I think around $730 is a reasonable target for Microsoft stock by mid-2030, even with earnings growth slowing. The company is in great shape. But at a price-to-earnings ratio of around 31, investors are already paying for much of that growth. And if the spending hurts margins more than management expects, even a 9% yearly return could prove optimistic.
I'd be fine owning shares at this price. But I wouldn't call them a bargain.
Investors view JPMorgan Chase (JPM +1.25%) as one of the highest-quality financial services institutions. It has its hands in all parts of the industry, from consumer, small business, and commercial banking to capital markets and asset management activities. With $5.1 trillion in total assets, it has massive scale. CEO Jamie Dimon, who has led the charge for almost 21 years, is also highly regarded in the corporate world.
As of Oct. 15, the bank stock traded at $335.53. This was 8% below its record close of $365.18 on Aug. 12, 2026. Is it time to buy the dip on JPMorgan Chase?
Image source: The Motley Fool.
Missing the mark
During the three-month period that ended Oct. 31, which marked the company's third quarter, JPMorgan Chase reported strong headline metrics. Net revenue climbed 8% year over year to $50.2 billion. Diluted earnings per share rose 10% to $5.57. At a high level, this is encouraging.
However, these two figures came in below Wall Street analyst expectations. To find the last time the business missed on the bottom line, you'd have to go all the way back to second-quarter 2022.
Investors shouldn't run for the exits, though. JPMorgan Chase is still operating from a position of strength. Revenue from equities markets activities surged 49% compared to Q3 last year. Investors should expect this level of growth to moderate eventually, although the momentum is noteworthy.
Despite the Federal Reserve engaging in tighter monetary policy, JPMorgan Chase saw average loans jump 10% year over year. Average deposits were up 8%.
Management raised guidance for net interest margin (excluding markets) by $700 million compared to three months ago. They now expect this figure to come in at $97.2 billion for the full year. This was encouraging, especially since the company didn't increase its forecasted card services net charge-off rate.
$339.72+$4.19 (+1.25%)
NYSE · As of 4:00 PM ET 10/16/26
Worth the quality
At the current price, I believe JPMorgan Chase deserves a closer look from investors seeking quality businesses. The valuation, at a price-to-book ratio of 2.5, represents a sizable premium to its direct peer group that includes Bank of America, Wells Fargo, and Citigroup. While this isn't a bargain opportunity, the valuation might be justified.
JPMorgan Chase's 20% return on tangible common equity is significantly higher than these three rivals'. According to consensus analyst estimates, its book value per share is projected to grow at a faster clip from 2025 to 2028.
Investors also benefit from capturing a dividend yield of nearly 2%. That's a healthy income stream that makes it easier to be patient, and it can add to the stock's total return.
Wells Fargo is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Citigroup is an advertising partner of Motley Fool Money. Bank of America is an advertising partner of Motley Fool Money. Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase. The Motley Fool has a disclosure policy.
Novavax, Inc. (NASDAQ:NVAX – Get Free Report) shares traded down 9.1% during trading on Friday. The stock traded as low as $11.57 and last traded at $11.6480. Approximately 2,002,169 shares traded hands during trading, a decline of 61% from the average session volume of 5,124,194 shares. The stock had previously closed at $12.82.
Wall Street Analysts Forecast Growth Several research firms have weighed in on NVAX. Citigroup restated a “sell” rating and set a $8.00 target price (up from $7.00) on shares of Novavax in a research note on Thursday. Zacks Research lowered Novavax from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th. Weiss Ratings reiterated a “sell (d)” rating on shares of Novavax in a research note on Tuesday, August 4th. Finally, Wall Street Zen raised Novavax from a “sell” rating to a “hold” rating in a report on Saturday, September 12th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $13.14.
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Novavax Price Performance The stock has a market cap of $1.86 billion, a P/E ratio of -7.41 and a beta of 2.44. The business’s fifty day moving average price is $10.06 and its 200 day moving average price is $9.21. Novavax (NASDAQ:NVAX – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The biopharmaceutical company reported ($0.32) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.38) by $0.06. The company had revenue of $56.70 million for the quarter, compared to the consensus estimate of $52.51 million. Novavax had a negative net margin of 59.87% and a negative return on equity of 14.82%. The firm’s quarterly revenue was down 76.2% compared to the same quarter last year. During the same period last year, the company posted $0.62 EPS. On average, analysts predict that Novavax, Inc. will post -0.38 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Novavax Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp bought a new stake in shares of Novavax during the second quarter worth $8,004,000. Edgestream Partners L.P. bought a new position in shares of Novavax in the 1st quarter valued at $4,234,000. Renaissance Technologies LLC bought a new position in shares of Novavax in the 1st quarter valued at $4,049,000. Assenagon Asset Management S.A. bought a new position in shares of Novavax in the 1st quarter valued at $2,969,000. Finally, Shah Capital Management boosted its holdings in shares of Novavax by 2.0% during the 1st quarter. Shah Capital Management now owns 14,845,097 shares of the biopharmaceutical company’s stock valued at $120,839,000 after acquiring an additional 286,317 shares in the last quarter. Institutional investors own 53.04% of the company’s stock.
Novavax Company Profile (Get Free Report)
Novavax, Inc is a biotechnology company focused on the discovery, development and commercialization of vaccines. The company uses its recombinant protein-based vaccine platform and Matrix-M adjuvant technology to develop vaccines designed to stimulate targeted immune responses.
Novavax’s principal commercial product is its protein-based COVID-19 vaccine, marketed in various regions under the Nuvaxovid or Novavax COVID-19 Vaccine name. The vaccine has been authorized or approved in multiple markets, including the United States, Europe and other international jurisdictions, with availability and regulatory status varying by country.
Further Reading Five stocks we like better than Novavax Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027 ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid Does the AI Selloff Put Alphabet’s Breakout in Doubt? Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery Receive News & Ratings for Novavax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Novavax and related companies with MarketBeat.com's FREE daily email newsletter.
Realty Income vyplácí měsíční dividendu ve výši 0,2715 USD na akcii; k dosažení měsíčního příjmu z dividend ve výši 1 000 USD by bylo potřeba 3 583 akcií v hodnotě přes 206 250 USD.
I recently bought six more shares of Realty Income (O +0.95%). I now own 113 shares of the leading real estate investment trust (REIT). Those new shares will increase the monthly dividend income I'm receiving from the company.
My purchase made me curious what it would take to generate $1,000 of dividend income each month from Realty Income. Here's a look at how many shares it would take to reach that income level and what makes it a top monthly dividend stock to buy for income.
Image source: The Motley Fool.
The math to $1,000 in monthly dividend incomeRealty Income recently announced its 676th consecutive monthly dividend (more than 56 years). It's currently paying $0.2715 per share each month ($3.258 annually). At that rate, my 113 shares generate $30.68 in dividend income each month ($368.15 annually). I have a long way to go to reach $1,000 a month.
At the REIT's current monthly dividend rate, an investor would need to hold 3,583 shares to generate about $1,000 of dividend income each month starting now. That would cost over $206,250 at its recent share price ($56).
That's a lot of money, and much more than I'd want to invest in a single stock, given my portfolio's current size and my need for growth, as I'm still years away from retirement.
$56.08+$0.53 (+0.95%)
NYSE · As of 4:00 PM ET 10/16/26
Realty Income is The Monthly Dividend Company®While I'll probably never own enough shares of Realty Income to collect $1,000 of dividend income each month, I'm still making it a core income holding to anchor my future retirement. That's because the REIT offers a high dividend yield (recently 5.8%), has a long record of dividend increases (136 raises and a 4.1% compound annual growth rate since its public market listing in 1994), and backs its dividend with durable cash flows and a fortress financial profile.
The REIT's high-yielding dividend should continue to grow. Realty Income owns a diversified portfolio of retail, industrial, gaming, data center, and other properties secured by long-term net leases with many of the world's leading companies (most in industries resilient to economic downturns). This portfolio supplies it with very durable, steadily rising income. Meanwhile, it has an A-rated balance sheet and strong post-dividend free cash flow (nearly $1 billion in annual adjusted free cash flow), giving it the funds to continue investing in new income-generating properties. With an estimated $15 trillion of real estate across the U.S. and Europe suitable for net leases, Realty Income has a very long growth runway.
An income anchorRealty Income has a high current yield, pays a steadily growing monthly dividend, and has a very strong financial foundation. Those features make it an ideal income investment. That's why I'm steadily growing my position in this top-tier income stock to anchor my future retirement income strategy. While I probably won't reach $1,000 in monthly dividend income from the REIT, it will still likely be a major contributor to my future retirement income as I continue building this position.
TSMC ve 3. čtvrtletí překonala odhady tržeb i zisku a pro 4. čtvrtletí očekává tržby ve výši 52,3 až 54,3 mld. USD, což představuje v průměru meziroční nárůst o 58 %.
When we think of the artificial intelligence (AI) boom, we might first think of the chip players making the headlines, from Nvidia to Advanced Micro Devices. We know them for the high-powered graphics processing units (GPUs) that fuel critical AI tasks such as the training and inference of models.
But those chips can't make it to commercialization without another company, and that's Taiwan Semiconductor Manufacturing (TSM -2.28%). TSMC is the manufacturer that makes most of today's leading chips, as it holds more than 70% of the global chip foundry market. So while Nvidia, AMD, and others design the chips, TSMC actually brings them from the drawing board to reality.
All of this has created tremendous growth for TSMC, and the latest earnings report illustrates this. Last week, the company reported record profit for the sixth straight quarter. How does this translate into stock performance? My prediction is that $1,000 invested in TSMC today will be worth this much by 2030...
Image source: Getty Images.
TSMC's market leadership Before we dive into those numbers, though, let's take a deeper look at TSMC. As mentioned, the company is the global leader in the foundry market, so it produces most of the chips in high demand today. This means that TSMC may benefit from the successes of all of the leading chip players -- not just one or two. And this positions the company very well for significant growth as the AI boom continues.
A look at the recent quarter illustrates the picture. In the third quarter, TSMC reported profit and revenue that surpassed analysts' estimates and forecast fourth-quarter revenue in the range of $52.3 billion and $54.3 billion. At the midpoint, that represents a 58% year-over-year increase.
TSMC's gross margin has declined slightly, and the company forecasts a decrease of 40 basis points to 66% at the midpoint for the fourth quarter. But it's important to keep in mind the reason behind that, and it's linked to growth. TSMC's ramp-up of its 2 nm technology, or next-generation manufacturing process, initially weighs on margins, and the company is also seeing pressure from the costs of its U.S. fabs. But productivity gains should offset this to a certain degree over time.
Importantly, TSMC chief C.C. Wei emphasized the ongoing strength of the AI market. "Recent developments are very positive to AI's long-term demand outlook," he said, noting the increasing adoption of agentic AI and the greater use of open-source AI models.
Estimates call for a 30% increase in EPS Now, let's consider how that may translate into stock performance. TSMC has climbed more than 300% over the past three years and today trades at about $422, or 27x trailing 12-month earnings. A look at earnings per share estimates for TSMC over the coming few years shows a 30% increase from year to year.
TSM EPS Estimates for Current Fiscal Year data by YCharts
If the 30% growth trend continues, the company's earnings per share may total more than $38 in 2030.
That leaves room for the stock price to climb more than 135% to $1,000, as at that level, the stock would trade at a price-to-earnings ratio of 26. And market capitalization would reach $5 trillion. This is about the size of Nvidia right now, which is the biggest company by market value. In such a scenario, we could imagine other technology giants also increasing in market value.
Considering all of this, my prediction is that $1,000 invested in TSMC today could be worth $2,350 by 2030. Of course, this is built on the assumption that earnings growth continues at a particular pace. In the quarters to come, we could see certain variations of this scenario, from a lower-margin situation due to foundry expansion to higher demand that may drive greater revenue.
But given TSMC's leadership in the manufacturing space and the long-term AI growth picture, there's reason to be optimistic about the growth of a $1,000 investment in this chip giant.
Shares of Wheaton Precious Metals Corp. (TSE:WPM – Get Free Report) have earned a consensus recommendation of “Buy” from the six analysts that are presently covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is C$203.86.
Several equities research analysts recently commented on WPM shares. Peel Hunt reduced their price objective on Wheaton Precious Metals from C$220.00 to C$187.00 in a report on Wednesday, July 29th. National Bank Financial boosted their target price on Wheaton Precious Metals from C$205.00 to C$210.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th.
Check Out Our Latest Research Report on Wheaton Precious Metals
Insider Activity In other news, insider Nikola Tatarkin sold 3,733 shares of Wheaton Precious Metals stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of C$189.00, for a total value of C$705,537.00. Following the completion of the sale, the insider directly owned 30,756 shares in the company, valued at C$5,812,884. The trade was a 10.82% decrease in their ownership of the stock. 0.13% of the stock is currently owned by insiders. Wheaton Precious Metals Trading Up 0.4% Wheaton Precious Metals stock opened at C$189.71 on Friday. The firm has a market cap of C$86.16 billion, a price-to-earnings ratio of 42.08 and a beta of 1.59. The stock has a fifty day simple moving average of C$202.18 and a two-hundred day simple moving average of C$183.57. Wheaton Precious Metals has a 12 month low of C$129.69 and a 12 month high of C$226.68.
Wheaton Precious Metals (TSE:WPM – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported C$1.69 earnings per share for the quarter. The firm had revenue of C$1.32 billion during the quarter. Wheaton Precious Metals had a return on equity of 22.96% and a net margin of 64.66%. On average, equities research analysts forecast that Wheaton Precious Metals will post 2.47 EPS for the current fiscal year.
Wheaton Precious Metals Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Thursday, September 3rd were issued a dividend of $0.1950 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, August 20th. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 15.97%.
(Get Free Report)
Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.
Recommended Stories Five stocks we like better than Wheaton Precious Metals Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027 ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid Does the AI Selloff Put Alphabet’s Breakout in Doubt? Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
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Williams-Sonoma, Inc. (NYSE:WSM – Get Free Report) reached a new 52-week high during mid-day trading on Friday. The stock traded as high as $255.33 and last traded at $253.2960, with a volume of 117,113 shares traded. The stock had previously closed at $252.03.
Wall Street Analysts Forecast Growth WSM has been the subject of a number of recent analyst reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $261.00 price target (up from $230.00) on shares of Williams-Sonoma in a research note on Tuesday, August 11th. Guggenheim reissued a “neutral” rating on shares of Williams-Sonoma in a research report on Thursday, August 27th. Credit Suisse Group set a $261.00 price objective on shares of Williams-Sonoma in a research note on Monday, August 24th. Argus upped their target price on shares of Williams-Sonoma from $230.00 to $250.00 and gave the company a “buy” rating in a report on Wednesday, September 2nd. Finally, Seaport Research Partners reaffirmed a “buy” rating on shares of Williams-Sonoma in a report on Friday, August 14th. Ten equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $245.56.
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Williams-Sonoma Trading Down 0.9% The company has a 50 day moving average price of $234.08 and a 200 day moving average price of $216.94. The company has a market capitalization of $29.43 billion, a P/E ratio of 25.58, a P/E/G ratio of 2.71 and a beta of 1.48. Williams-Sonoma (NYSE:WSM – Get Free Report) last posted its earnings results on Wednesday, August 26th. The specialty retailer reported $2.10 earnings per share for the quarter, topping analysts’ consensus estimates of $2.08 by $0.02. Williams-Sonoma had a return on equity of 53.48% and a net margin of 14.73%. The business had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same period in the previous year, the firm earned $2.00 EPS. The firm’s revenue was up 6.7% compared to the same quarter last year. As a group, sell-side analysts forecast that Williams-Sonoma, Inc. will post 9.51 EPS for the current fiscal year.
Williams-Sonoma Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Friday, October 16th will be given a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, October 16th. Williams-Sonoma’s payout ratio is 31.12%.
Insider Activity at Williams-Sonoma In other Williams-Sonoma news, CEO Laura Alber sold 35,000 shares of the company’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $221.20, for a total value of $7,742,000.00. Following the transaction, the chief executive officer directly owned 853,524 shares in the company, valued at $188,799,508.80. The trade was a 3.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Karalyn Yearout sold 1,000 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $250.00, for a total transaction of $250,000.00. Following the completion of the transaction, the executive vice president directly owned 20,717 shares in the company, valued at $5,179,250. The trade was a 4.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 40,883 shares of company stock valued at $9,117,518 in the last ninety days. Company insiders own 1.10% of the company’s stock.
Institutional Inflows and Outflows Institutional investors and hedge funds have recently bought and sold shares of the stock. Brown Lisle Cummings Inc. lifted its position in Williams-Sonoma by 11.1% during the first quarter. Brown Lisle Cummings Inc. now owns 622 shares of the specialty retailer’s stock worth $113,000 after acquiring an additional 62 shares during the last quarter. Mediolanum International Funds Ltd grew its position in shares of Williams-Sonoma by 0.6% in the first quarter. Mediolanum International Funds Ltd now owns 11,262 shares of the specialty retailer’s stock valued at $1,992,000 after purchasing an additional 67 shares during the last quarter. Parallel Advisors LLC grew its position in shares of Williams-Sonoma by 2.2% in the first quarter. Parallel Advisors LLC now owns 3,203 shares of the specialty retailer’s stock valued at $584,000 after purchasing an additional 70 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Williams-Sonoma by 1.8% in the second quarter. GAMMA Investing LLC now owns 3,972 shares of the specialty retailer’s stock valued at $926,000 after purchasing an additional 71 shares during the last quarter. Finally, Eastern Bank increased its stake in shares of Williams-Sonoma by 10.6% during the third quarter. Eastern Bank now owns 752 shares of the specialty retailer’s stock worth $171,000 after purchasing an additional 72 shares during the period. Institutional investors and hedge funds own 99.29% of the company’s stock.
(Get Free Report)
Williams-Sonoma, Inc is an omnichannel specialty retailer focused on home furnishings, décor, kitchenware and related lifestyle products. The company operates a portfolio of brands that includes Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home and Mark & Graham.
Its products include cookware, cutlery, appliances, tabletop goods, furniture, bedding, bath products, lighting, rugs, textiles, decorative accessories, gifts and personalized items.
Further Reading Five stocks we like better than Williams-Sonoma Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027 ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid Does the AI Selloff Put Alphabet’s Breakout in Doubt? Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery Receive News & Ratings for Williams-Sonoma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma and related companies with MarketBeat.com's FREE daily email newsletter.
Independent Bank ve 3. čtvrtletí 2026 zvýšila čistý zisk na rekordních 89,7 milionu USD, neboli 1,90 USD na zředěnou akcii; zisk na akcii oproti předchozímu čtvrtletí vzrostl o 12 %.
Independent Bank (NASDAQ:INDB) reported third-quarter 2026 net income of $89.7 million, or $1.90 per diluted share, as loan and deposit growth, a stable core net interest margin and disciplined expenses supported record earnings per share.
Chief Executive Officer Jeff Tengel said the bank generated $158 million of total loan growth during the quarter, nearly 3.5% on an annualized basis, while non-time deposits increased by more than $230 million, representing 5.4% annualized growth. The company’s cost of deposits rose 6 basis points from the prior quarter to 1.42% amid intense competition for deposits.
“Our deposit franchise continued to differentiate itself,” Tengel said, adding that the bank maintained its core net interest margin despite the competitive rate environment.
Earnings, Margin and Balance Sheet Trends
Chief Financial Officer Mark Ruggiero said third-quarter diluted EPS increased 12% from the prior quarter. Return on assets was 1.42%, while return on average tangible common equity was 15.4%, both reaching profitability targets the bank had set for the fourth quarter.
Net interest margin was 3.89%, up 4 basis points from the second quarter, aided by increased purchase accounting benefits. Adjusted core margin, which excludes purchase accounting and other non-core items, was unchanged at 3.76%.
Average deposits increased by more than $630 million during the quarter, with growth across consumer, business and municipal segments. However, municipal balances declined on a quarter-end basis due to typical seasonal patterns. Ruggiero said the bank expects point-in-time deposits in the fourth quarter to be flat to low-single-digit annualized growth.
For the fourth quarter, management expects a modest increase in net interest income from third-quarter levels. Assuming no additional Federal Reserve action, Ruggiero said reported margin could be slightly above 3.9%, including an estimated 10-basis-point benefit from loan accretion. A further Federal Reserve rate increase could reduce margin by a couple of basis points, he said.
Looking further ahead, Ruggiero said cash flows from securities and loan repricing could support margin expansion. The bank expects more than $500 million of securities cash flow over the next four to five quarters, with maturing securities yielding about 2.5%, compared with recent new securities purchases that approached 6% yields.
Loan Growth and Pipeline
Commercial and industrial lending grew during the quarter despite the runoff of $11.5 million in dealer floor plan balances from a business that has been fully exited. Excluding that impact, C&I loans increased by $61 million, or 5% on an annualized basis. Management said roughly $40 million of expected third-quarter C&I fundings shifted into the first weeks of October.
Commercial real estate, including construction lending, increased by $31 million, supported by construction draws and fewer payoffs. The bank funded $202 million in new relationship-based commercial real estate loans during the quarter, while loan payoffs and paydowns declined 27% from the second quarter. Its CRE concentration stood at 278 at Sept. 30.
The approved commercial loan pipeline rose to $574 million at quarter-end from $510 million three months earlier. Tengel said the pipeline has benefited from origination activity, new hires and a greater focus on growth from legacy Enterprise Bank relationship managers.
Management expects low-single-digit annualized growth in CRE and construction balances during the fourth quarter and mid-single-digit annualized growth in C&I. Home equity lending increased at approximately a 12% annualized pace in the third quarter and is expected to remain strong, while residential mortgage balances are expected to be flat to modestly higher.
Credit Quality and Office Exposure
Net charge-offs were 2 basis points annualized in the third quarter. The provision for loan losses totaled $6.5 million, driven mainly by a newly established $6.5 million specific reserve for a $22.4 million local single-tenant office loan placed on nonaccrual status.
Ruggiero said the office property’s tenant is expected to leave, and the borrower is exploring a potential multifamily conversion. The bank evaluated the asset both as an empty office building and as a potential conversion project, reserving to the average of those values. Tengel said the sponsor has historically supported its projects and is seeking a partner for the transition.
Total non-performing assets increased to $126.2 million, or 0.5% of total assets, primarily due to the office loan. Criticized and classified loans remained stable at 3.9% of total commercial loans.
Management also noted that it has about $17 million of established specific reserves in the commercial loan portfolio that it expects to charge off over the next several quarters. The company said office nonperformers were concentrated in three primary loans totaling roughly $60 million, with specific reserves exceeding $14 million, excluding $8 million already charged off on one shared national credit loan.
Capital Returns, Expenses and Technology
Independent Bank repurchased $57.4 million of capital during the quarter. Its common equity tier 1 ratio was 12.7% and tangible capital ratio was 9.4% at Sept. 30. Ruggiero reaffirmed the company’s expectation to return at least 100% of profits through common dividends and share repurchases, though management did not commit to a higher level of buybacks.
The company paid off a maturing $100 million Federal Home Loan Bank borrowing and reduced its holding company line of credit by $100 million. It also completed a new $125 million three-year holding company term loan priced at one-month SOFR plus 170 basis points.
Fee income fell about 3% sequentially to $41.2 million, reflecting lower wealth management income following elevated second-quarter tax-preparation fees and softer mortgage banking and loan-level swap activity.
The bank incurred $2.2 million of core conversion expenses in the third quarter, bringing year-to-date costs to $5.5 million. Management moved the planned systems upgrade from October to February 2027 to allow more time for testing and preparation. It expects an additional $1.5 million to $2 million in one-time expenses over the next two quarters, with most expected in the fourth quarter.
Tengel also said the company has begun beta testing internally focused artificial intelligence applications and plans to consolidate nearly 400 employees from five offices into one Rockland, Massachusetts, headquarters beginning in November.
About Independent Bank (NASDAQ:INDB)
Independent Bank Corp. is the bank holding company for Rockland Trust Company, a full-service community bank headquartered in Rockland, Massachusetts. Through Rockland Trust, the company provides banking and financial services to individuals, families, businesses, nonprofits and municipalities.
Its products and services include checking and savings accounts, certificates of deposit, residential and commercial lending, home equity loans, mortgages, cash management, online and mobile banking, and other treasury management solutions.
Společnost Commercial Metals vykázala čtvrtletní zisk na akcii (EPS) ve výši 2,09 USD, čímž překonala odhad 1,95 USD. Tržby dosáhly 2,66 mld. USD, což představuje meziroční nárůst o 25,7 %.
Commercial Metals Company (NYSE:CMC – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the fifteen brokerages that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $80.45.
Several brokerages recently issued reports on CMC. Bank of America cut their price target on Commercial Metals from $84.00 to $78.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Wall Street Zen downgraded Commercial Metals from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings lowered Commercial Metals from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 2nd. Barclays raised their target price on Commercial Metals from $75.00 to $80.00 and gave the company an “equal weight” rating in a research note on Friday, August 7th. Finally, Wells Fargo & Company reiterated an “underperform” rating and issued a $70.00 target price on shares of Commercial Metals in a research note on Friday.
Check Out Our Latest Research Report on CMC
Insider Buying and Selling at Commercial Metals In other news, Director John McPherson acquired 1,390 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were purchased at an average cost of $71.92 per share, for a total transaction of $99,968.80. Following the transaction, the director directly owned 21,927 shares in the company, valued at $1,576,989.84. This trade represents a 6.77% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.62% of the stock is currently owned by company insiders. Institutional Inflows and Outflows A number of hedge funds and other institutional investors have recently bought and sold shares of CMC. USA Financial Formulas grew its position in Commercial Metals by 67.6% in the 1st quarter. USA Financial Formulas now owns 496 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 200 shares during the last quarter. Global Retirement Partners LLC bought a new stake in shares of Commercial Metals during the second quarter valued at approximately $34,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Commercial Metals by 617.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 832 shares of the basic materials company’s stock valued at $58,000 after buying an additional 716 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Commercial Metals during the second quarter valued at approximately $63,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Commercial Metals by 105.0% during the first quarter. EverSource Wealth Advisors LLC now owns 1,222 shares of the basic materials company’s stock worth $75,000 after buying an additional 626 shares during the period. 86.90% of the stock is owned by institutional investors and hedge funds.
Commercial Metals Stock Performance Shares of CMC stock opened at $64.95 on Friday. The company has a quick ratio of 1.54, a current ratio of 2.34 and a debt-to-equity ratio of 0.71. The business has a 50 day moving average of $66.80 and a two-hundred day moving average of $68.29. Commercial Metals has a 52 week low of $55.70 and a 52 week high of $84.87. The company has a market cap of $7.19 billion, a P/E ratio of 11.07, a PEG ratio of 0.25 and a beta of 1.53.
Commercial Metals (NYSE:CMC – Get Free Report) last posted its earnings results on Thursday, October 15th. The basic materials company reported $2.09 EPS for the quarter, beating the consensus estimate of $1.95 by $0.14. The company had revenue of $2.66 billion during the quarter, compared to analyst estimates of $2.56 billion. Commercial Metals had a return on equity of 17.00% and a net margin of 6.98%. The business’s revenue was up 25.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.37 earnings per share. As a group, analysts anticipate that Commercial Metals will post 7.67 EPS for the current year.
Commercial Metals announced that its board has authorized a share buyback program on Wednesday, August 5th that permits the company to buy back $600.00 million in outstanding shares. This repurchase authorization permits the basic materials company to reacquire up to 7.5% of its stock through open market purchases. Share repurchase programs are typically a sign that the company’s management believes its stock is undervalued.
Commercial Metals Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 11th. Stockholders of record on Wednesday, October 28th will be given a dividend of $0.20 per share. The ex-dividend date is Wednesday, October 28th. This represents a $0.80 annualized dividend and a dividend yield of 1.2%. Commercial Metals’s dividend payout ratio is currently 15.07%.
More Commercial Metals News Here are the key news stories impacting Commercial Metals this week:
Positive Sentiment: Fourth-quarter results exceeded expectations. CMC reported adjusted EPS of $2.09, above the roughly $1.95–$1.97 consensus, while revenue rose 25.7% year over year to $2.66 billion, exceeding estimates by approximately $90 million. CMC Reports Fourth Quarter and Full Year Fiscal 2026 Results Positive Sentiment: Full-year profitability improved substantially. Fiscal 2026 net earnings reached $655.8 million, while consolidated core EBITDA increased to $1.4 billion from $837.3 million in fiscal 2025, reinforcing the company’s operating and cash-generation momentum. CMC closes out fiscal year with summer profits Positive Sentiment: Management sees durable end-market demand. CMC highlighted strong demand from data centers and semiconductor factories, while its recycling, steel and construction-products businesses supported summer profitability. These trends could benefit volumes and infrastructure-related demand. Commercial Metals Sees Strong Demand From Data Centers, Chip Factories Neutral Sentiment: Analysts and market commentary remain mixed. Zacks characterizes CMC as a strong growth stock, and management’s earnings-call commentary signaled further growth. However, other analysis considers the shares insufficiently attractive even as fundamentals improve, reflecting valuation and steel-cycle concerns. Here’s Why Commercial Metals is a Strong Growth Stock Negative Sentiment: The muted reaction may reflect cyclical and valuation risk. Despite the earnings beat and stronger outlook, investors may be concerned about metal-price volatility, construction demand and whether the improvement can persist. CMC’s shares remain below their 50-day and 200-day moving averages, indicating lingering technical pressure. Commercial Metals Company: Still Not Attractive but Getting Better (Get Free Report)
Commercial Metals Company (NYSE: CMC) is a steel and metals manufacturer, fabricator and recycler headquartered in Irving, Texas. Founded in 1915, the company operates a vertically integrated business that collects and processes ferrous scrap, produces steel and supplies products used in construction and infrastructure projects.
CMC’s product portfolio includes reinforcing bar, merchant bar, wire rod, structural components and other steel products. Through its fabrication and construction services, the company also processes and prepares reinforcing steel for commercial, industrial, transportation and other building projects.
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What happened BJ's Wholesale Club Holdings, Inc. (NYSE: BJ) said Robert W. Eddy sold 192,584 shares from 2026-10-13 to 2026-10-15. Eddy is BJ's President, CEO and a director. The filing lists the reported price range at $100.18 to $105.41 per share.
The sales totaled about $19.67 million. The Form 4 says the trades were made under a Rule 10b5-1 trading plan, and Eddy held 258,330 shares after the sales. The filing shows sales on 2026-10-13, 2026-10-14 and 2026-10-15. It also breaks out multiple sale prices within that range.
Key numbers Metric Latest Change Source Shares sold 192,584 shares SEC Form 4 Sale proceeds about $19.67 million SEC Form 4 Shares held after 258,330 shares SEC Form 4 Sale price range $100.18 to $105.41 per share SEC Form 4 Shares sold vs. pre-trade holding 42.7% Calculated from SEC Form 4 Read more: BJ's Wholesale Club (BJ) stock analysis and investment case Why it matters OptimistFi's case is that BJ's can create value if its Eastern U.S. membership-club format keeps proving households will pay for low prices. The rest of the thesis depends on expansion without sacrificing margins or cash generation.
This filing weakens that case because Eddy sold 192,584 shares, and OptimistFi's calculation shows that was about 42.7% of Eddy's pre-sale holding. The sale matters because insider ownership is part of the margin-and-cash story this stock asks investors to trust.
The main counterpoint is the Rule 10b5-1 plan, which means the timing may have been set in advance rather than a fresh view on the company. Eddy still held 258,330 shares after the filing, so the position remained material.
Eddy's remaining stake still links BJ's CEO to long-term performance, even after the trim.
Browse: stock research on every company OptimistFi covers
What's next BJ's next quarterly report is the next scheduled check on the case. Investors will look for evidence that growth can continue without a squeeze on margins or cash generation.
Results that support both would strengthen the case. Weaker margin or cash generation would pressure the case, because the filing puts those outcomes at the center of the thesis.
If the company keeps expanding while cash generation stays intact, the insider sale will look less important. If those figures slip, the Form 4 will matter more.
More from OptimistFi BJ stock: the BJ's Wholesale Club thesis, its status and the next test to watch Stock research on every company OptimistFi covers Latest stock research and investment-case updates OptimistFi: evidence-first equity research Sources SEC Form 4 — Robert W. Eddy sale under a Rule 10b5-1 trading plan Read the full OptimistFi thesis on BJ's Wholesale Club Holdings, Inc.: https://optimistfi.com/stocks/BJ
See what would break the BJ's Wholesale Club Holdings, Inc. thesis and track it live on the OptimistFi Thesis-Break Engine.
Browse every company OptimistFi covers at optimistfi.com/stocks, or read the latest evidence-first research.
The full BJ's Wholesale Club Holdings, Inc. investment case, its status and the next test to watch live on the BJ's Wholesale Club Holdings, Inc. thesis page.
Originally published on OptimistFi, evidence-first equity research. More at optimistfi.com.
Akcie společnosti SanDisk letos vzrostly téměř o 500 %; tržby ve čtvrtém fiskálním čtvrtletí meziročně vyskočily o 372 % díky vysokým cenám pamětí NAND.
Sandisk (SNDK -6.85%) has been the top-performing S&P 500 stock for most of 2026, until it was recently surpassed by the surging pharmaceutical company Moderna. Still, Sandisk is holding onto second place by a wide margin, and it has risen nearly 500% this year; not a bad one-year gain!
However, what's in the past is in the past. The question is, can Sandisk repeat its performance again in 2027?
While there are several other strong candidates for stocks looking like great investments in 2027, I have a hard time believing that Sandisk won't be one of them, as the same conditions that pushed it higher in 2026 will remain in 2027.
Image source: The Motley Fool.
The memory chip demand crunch is far from over
Sandisk makes NAND memory chips, which are used for long-term information storage. Devices like solid-state drives (SSDs) use NAND memory, and they are in high demand due to the massive AI data center build-out underway. SSDs don't have any performance characteristics that set one apart from another, so Sandisk's business is akin to a commodity. When demand is high and supply is low, as it is now, prices skyrocket, and this has driven Sandisk's revenue growth throughout 2026.
In the fourth quarter of fiscal year 2026 (ending July 3), Sandisk's revenue soared 372% year over year. That's huge growth, and much of it can be attributed to higher chip prices.
SNDK Sandisk$1,299.30-$95.53 (-6.85%)
NASDAQ · As of 4:00 PM ET 10/16/26
Many investors are worried that this trend could flip and send Sandisk's business crashing once demand goes the other way. That's a valid concern, and history supports that precedent. However, Sandisk is using this opportunity to reshape the industry.
Sandisk is starting to enter into new business model agreements with its customers, which lock clients into committed volumes with defined pricing structures. This makes memory chip prices less subject to demand and supply curves and only subject to contracted agreements. This locks in pricing and gives Sandisk and its investors greater visibility into what to expect in the future.
The long-term effect of this change is that Sandisk becomes less cyclical. However, the market still prices Sandisk stock as if it will experience a cyclical downturn in the near future.
SNDK PE Ratio data by YCharts.
At 19 times trailing earnings and 6.5 times forward earnings, the market isn't pricing in any 2027 growth into the stock. That is a great opportunity for investors to take advantage of, and it could help Sandisk triple throughout 2027 if it hits expectations and remains at its current trailing earnings valuation. That would place Sandisk among the best-performing S&P 500 stocks next year, allowing it to potentially earn another top-five finish in the index.
Proti společnosti Baidu (BIDU) byla podána hromadná žaloba kvůli tvrzení, že nadhodnocovala schopnost svého podnikání v oblasti AI kompenzovat pokles příjmů z online marketingu.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Baidu, Inc. (NASDAQ: BIDU) between November 18, 2025 and August 17, 2026, inclusive (the “Class Period”), of the important November 13, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Baidu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Baidu class action, go to https://rosenlegal.com/cases/baidu-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 13, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Baidu had overstated the ability of its AI business to mitigate rapid declines in its legacy online marketing business; (2) as a result, Baidu’s revenue was reasonably likely to decline; and (3) as a result of the foregoing, defendants’ positive statements about Baidu’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Baidu class action, go to https://rosenlegal.com/cases/baidu-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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Cathie Wood přikoupila akcie společnosti Beam Therapeutics za 2,8 milionu USD; společnost má hotovost ve výši 1,15 miliardy USD, která by měla financovat její provoz do poloviny roku 2029.
Cathie Wood, the CEO and founder of Ark Investment Management, owns, through her various Ark ETFs, $220.4 million in Beam Therapeutics (BEAM -5.09%) shares. It is a healthcare company that focuses on gene editing to develop precision medicines.
She has owned shares in Beam through her various Ark Technology ETFs for more than five years. On Oct. 12 and Oct. 13, she spent an additional $2.8 million on Beam shares for her Ark Genomic Revolution (ARKG -5.16%) fund. .
The company is a long way from profitability, but thanks to its potential, it is a worthwhile biotech stock to buy if you're willing to handle some volatility and risk.
The stock is down more than 14% this year. Here are three reasons to buy the stock whenever it dips.
Image source: Getty Images.
Beam has a distinct gene-editing technique
Unlike first-generation CRISPR-Cas9 technologies, which cause double-stranded DNA breaks and carry risk for unintended chromosomal rearrangements, Beam specializes in base editing. This technology allows precise, single-letter chemical edits to the genome without cutting both DNA strands.
$23.47-$1.26 (-5.09%)
NASDAQ · As of 4:00 PM ET 10/16/26
The technology precisely changes a specific nucleotide, or letter, in the genetic code. This enables potentially safer, more precise, and highly repeatable therapies, placing Beam at the forefront of the next wave in genomic medicine.
The company recently filed a lawsuit against Serapha Bio and its Chinese partner, YolTech Therapeutics, alleging the companies, with the assistance of a former Beam employee, developed an experimental alpha-1 antitrypsin deficiency (AATD) treatment using stolen trade secrets from Beam.
It has a deep clinical pipeline
Beam's therapies are still in early trials, but it has eight in its pipeline, giving it better odds of developing a blockbuster product. The pipeline focuses on high-value disease areas such as sickle cell disease (SCD), AATD, and other blood disorders.
The company's lead therapy is ristoglogene autogetemcel (risto-cel), which is in early trials. It is an investigational autologous therapy for the treatment of severe SCD. And it's an ex vivo cell therapy using base editing to genetically modify a patient's own hematopoietic stem cells to produce fetal hemoglobin and suppress sickling.
A large cash runway and tier-1 strategic partnerships
Biotech stocks on a pullback often carry solvency risk, but Beam maintains a relatively strong balance sheet. Backed by major pharmaceutical collaborations, including partnerships with Pfizer and Eli Lilly, and a solid cash buffer, Beam has a clear runway to fund its core clinical trials through key milestones without immediate pressure to pursue dilutive emergency capital raises.
As of the second quarter, the company reported having $1.15 billion in cash, enough, it said, to support operations through mid-2029.
Risk, but with ample reward potential
Beam reported only $32.2 million in revenue through its first six months, though that was up 50.5% year over year. It reported a $2.09 loss per share, an improvement from a $2.12 loss in the same period a year ago.
As its programs advance through phase 1/2 clinical trials, the next 12 to 18 months carry dense regulatory and clinical data readouts. If the company can show positive data on the trial readouts, that would likely significantly boost the stock.
Ocenění SpaceX stojí hlavně na Starlinku a AI, nikoli na raketách: segment konektivity ve druhém čtvrtletí vytvořil provozní zisk 1,66 mld. USD, zatímco segment AI vykázal ztrátu 1,26 mld. USD.
Space Exploration Technologies (SPCX -1.74%), also known as SpaceX, is famous for its rockets. But those launches explain surprisingly little about how Wall Street values the company. The 35 analysts tracked by TipRanks have 12-month price targets ranging from $75 to $450. The average consensus estimate of $217 is nearly 50% above the stock's price as of this writing.
Image source: Getty Images.
The wide range reflects more than differing expectations for rocket launches. Analysts are assigning very different values to Starlink's future profits, SpaceX's artificial intelligence (AI) ambitions, and the enormous capital required to turn those opportunities into sustainable cash flow.
Rockets contribute surprisingly little direct value
Morgan Stanley analyst Adam Jonas has a $300 price target on SpaceX. Yet the investment bank reportedly assigns just $8 per share, or less than 3% of that target, to its external launch business. The investment bank attributes $118 per share to the Starlink-powered connectivity business and $165 per share to the enterprise AI business.
SPCX Space Exploration Technologies$146.03-$2.59 (-1.74%)
NASDAQ · As of 4:00 PM ET 10/16/26
SpaceX's financials help explain why. The company's revenue reached $7.81 billion in the second quarter, but its Space segment contributed just $962 million. In the Space segment, external launch services generated only $648 million, or roughly 8% of total revenue.
The Space segment recorded a $542 million operating loss in Q2. SpaceX has also spent approximately $1.08 billion on research and development in this segment, largely associated with the next-generation rocket launch system Starship.
Much of SpaceX's launch capacity also supports its own businesses. Of the 38 launches completed during Q2, 28 were internal missions, including Starlink deployments and development tests. SpaceX doesn't recognize launch revenue when deploying its own Starlink satellites. Instead, it includes those costs in the value of its satellite assets.
Hence, rocket launchers are not merely products SpaceX sells. They are infrastructure that could reduce the cost of deploying and replacing satellites. If Starship eventually makes launches substantially cheaper, much of the benefit could accrue to Starlink's economics rather than to its rocket revenue.
Hence, rockets may have relatively little stand-alone valuation while remaining essential to SpaceX's biggest growth opportunities.
Starlink earns profits, while AI consumes capital
SpaceX's Connectivity segment generated $4.29 billion in Q2 revenue and $1.66 billion in operating income, representing an impressive operating margin of nearly 39%. Starlink's subscribers doubled year over year to 12 million at the end of Q2. However, average monthly revenue per subscriber fell from $85 to $66 year over year as SpaceX expanded into lower-priced markets.
Despite this decline, Connectivity's operating income was up 79% year over year in Q2, partly driven by the more than doubling of enterprise and government revenues. This suggests that SpaceX can improve the profitability of its connectivity business, even as average subscriber revenue declines.
SpaceX is also focusing on mobile connectivity. The company recently agreed to acquire Grain Management's 800-megahertz spectrum portfolio for a reported $8 billion. This could enable Starlink Mobile to provide connectivity through both satellite and ground-based networks. However, the transaction requires regulatory approval from the Federal Communications Commission. Competing with traditional carriers could also involve substantial additional infrastructure spending.
AI presents an even bigger opportunity, but with much greater financial uncertainty. SpaceX's AI revenue surged nearly 247% year over year to $2.56 billion in Q2, driven largely by cloud computing agreements. Yet the segment recorded a $1.26 billion operating loss. While management has reported positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $1.15 billion for the AI business, that figure excludes approximately $1.89 billion in depreciation and amortization. These expenses matter because expensive computing equipment eventually needs replacement. AI also accounted for $15.83 billion, or 86%, of SpaceX's quarterly capital expenditures.
Why analysts disagree so sharply
SpaceX's AI contracts demonstrate strong demand, but not necessarily durable revenue.
One customer accounted for 19.5% of consolidated Q2 revenue, entirely within AI. This accounts for nearly 60% of the AI segment's revenue, highlighting excessive reliance on a single client.
SpaceX's cloud agreements generally allow termination with 90 days' notice after an initial capacity-ramp period. This creates a major risk. Computing equipment may require years of profitable use to recover its costs, while some customer commitments can end much sooner.
Morgan Stanley's original July 2026 model, which established its $300 price target, projected $2.6 trillion in annual AI revenue by 2040. However, the same model also estimated roughly $670 billion in external financing needs between 2027 and 2034. Phillip Securities has set a price target of $75 and expects approximately $90 billion in cumulative negative free cash flow through 2030.
SpaceX's financing needs are already substantial. Reuters reports that the company is seeking $40 billion in debt financing to purchase Nvidia chips. SpaceX has also completed the $60 billion acquisition of Cursor, which involved issuing approximately 391 million shares. This highlights how SpaceX's expansion can also dilute existing shareholders.
The valuation leaves little room for disappointment. SpaceX is trading at nearly 93.7 times trailing revenue (as of Oct. 15, 2026). This premium valuation reflects enormous expectations for future growth and profitability, even as SpaceX continues investing heavily in AI infrastructure.
SpaceX also plans to deploy AI computing infrastructure in orbit, potentially using solar-powered satellites to process data in space. However, this opportunity remains commercially unproven. A U.S. Government Accountability Office report highlights major challenges involving power, cooling, communications, and hardware durability. If SpaceX overcomes these obstacles, orbital computing must still become cost-competitive with data centers on Earth to generate sustainable profits.
SpaceX's rockets are critical to its growth ambitions. However, its multi-trillion-dollar valuation ultimately depends on whether Starlink and AI can generate enough sustainable cash flow to justify their enormous infrastructure investments. Successful launches alone cannot establish that value.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Baidu To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Baidu between November 18, 2025 and August 17, 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).
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New York, New York--(Newsfile Corp. - October 17, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Baidu, Inc. ("Baidu" or the "Company") (NASDAQ: BIDU) and reminds investors of the November 13, 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) that the Company had overstated the ability of its AI business to mitigate rapid declines in its legacy online marketing business; (2) that, as a result, the Company's revenue was reasonably likely to decline; and (3) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On August 18, 2026, before the market opened, the Company reported second quarter 2026 financial results, revealing that Baidu General Business revenue fell 4% year over year to RMB25.2 billion (or $3.71 billion), with Legacy Business revenue falling 23% year over year to RMB10.4 billion and total Online Marketing Services revenue falling 19% year over year to RMB13.1 billion. Critically, the Baidu Core AI-powered business fell 8% quarter over quarter to RMB12.5 billion (or $1.86 billion), its year-over-year growth having decelerated from 49% in the first quarter of 2026 to 25%, and its largest component, AI Cloud Infra, having fallen 17% quarter over quarter from RMB8.8 billion to RMB7.3 billion.
On this news, the price of Baidu ADS fell $13.25 per share, or 12.73%, to close at $90.87 on August 18, 2026, thereby injuring investors.
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 Baidu's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Baidu class action, go to www.faruqilaw.com/BIDU or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the Baidu Securities Class Action Lawsuit:
What is the Baidu securities fraud lawsuit about?
The lawsuit alleges Baidu misled investors about its AI business's ability to offset declines in its legacy online marketing business and failed to adequately disclose the risk of declining revenue.
Who may be eligible to participate in the lawsuit?
Investors who purchased or acquired Baidu (NASDAQ: BIDU) securities between November 18, 2025 and August 17, 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 during the litigation. Eligible investors must file a motion with the court by November 13, 2026. Investors may participate without serving as lead plaintiff.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Baidu 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/319367
Source: Faruqi & Faruqi LLP
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Oracle (ORCL -4.64%) stock was near $130 as of this writing, about 60% off its record close at $328.33 on Sept. 10, 2025. Shares are down 33% this year, but the S&P 500 (^GSPC -1.09%) returned about 13% through September.
A fall this sharp makes the stock tempting, and on earnings it's arguably cheap.
But I think Oracle's cash flow statement matters more over the next few years. The cloud giant is spending more on its artificial intelligence (AI) build-out than its business takes in, and it plans to spend even more this fiscal year.
My prediction is that Oracle stock trails a fund tracking the S&P 500 from now through 2030.
Image source: The Motley Fool.
The spending is still climbingOracle's spending already topped its cash last fiscal year (the company's fiscal years end May 31). Capital expenditures were $55.7 billion in fiscal 2026, while operating cash flow grew 54% to $32.0 billion. That put free cash flow at negative $23.7 billion.
The pace keeps rising. Quarterly capital expenditures climbed over most of fiscal 2026, from $8.5 billion in the first quarter to $18.6 billion in the third, before slipping to $16.5 billion in the fourth. Then spending surged to $28.5 billion in the fiscal first quarter of 2027 (the quarter ended Aug. 31, 2026), more than triple the year-ago total.
For the full fiscal year, management is still guiding for capital expenditures of $90 billion to $95 billion. Customers will fund part of that up front. Even net of customer prepayments and timing effects, though, Oracle plans to spend as much as $70 billion this fiscal year. On the same basis, it spent around $48 billion in fiscal 2026.
The prepayments didn't close the gap in fiscal Q1, either. Operating cash flow surged 184% year over year to $23.1 billion, lifted by $11.4 billion in customer prepayments. Free cash flow was still negative $5.4 billion, the sixth straight quarter below zero.
When does the cash come back?On Oracle's fiscal Q1 earnings call in September, an analyst asked when the company expects to return to positive free cash flow.
"We have not given a particular time frame on that," chief financial officer Hilary Maxson said. She added that each of Oracle's data center projects "by nature, is a strong free cash flow generating project" once it ramps up.
That could well be right. My worry is how long the ramp takes. Oracle's remaining performance obligations (contracted revenue it hasn't recognized yet) hit $664 billion at the end of fiscal Q1. But the company expects to recognize only around 13% of that in the next 12 months. About half isn't expected to become revenue until after August 2029.
The costs, of course, come sooner. Depreciation was $3.2 billion for fiscal Q1, up from $1.4 billion a year before. And Maxson said in June that gross margin would fall this fiscal year as new data centers ramp toward full revenue.
Shareholders are funding the waitUntil the cash turns, Oracle needs to fill the gap with fresh money. It sold $20 billion in stock under an at-the-market program in fiscal Q1, part of the approximately $40 billion in debt and equity it expects to raise this fiscal year.
Both cost shareholders something. The average number of shares outstanding grew 5% year over year in the quarter. And interest expense climbed 55% to $1.4 billion, mainly because of the $43 billion of bonds Oracle sold in fiscal 2026.
An index fund doesn't need its owners to wait out a build-out like this.
ORCL Oracle$128.23-$6.24 (-4.64%)
NYSE · As of 4:00 PM ET 10/16/26
Sure, Oracle stock looks cheap. Using the $8.10 of non-GAAP (adjusted) earnings per share management expects this fiscal year, Oracle trades at around 16 times earnings, under the S&P 500's forward price-to-earnings ratio of nearly 19 as of Sept. 30.
Management's long-term outlook also calls for earnings per share to compound at 28% a year through fiscal 2030. If Oracle delivers that on schedule, I might be wrong.
But earnings per share isn't cash, and the earnings may keep getting spread over more shares for as long as the gap stays open.
So, will Oracle stock keep up with the index through 2030? I don't think so. The business may well be far bigger by then. But the stock needs to get through years of high spending, new debt, and new shares first, and I think an S&P 500 fund is the better bet over that time.
Na společnost Fluence Energy (FLNC) byla podána hromadná žaloba kvůli údajným zavádějícím tvrzením o výrobních kapacitách a výhledu tržeb pro fiskální rok 2026.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Fluence Energy, Inc. (NASDAQ: FLNC) between November 24, 2025 and September 16, 2026, inclusive (the “Class Period”), of the important November 30, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Fluence Energy securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Fluence Energy class action, go to https://rosenlegal.com/cases/fluence-energy-inc-2026-09/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 30, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Fluence Energy’s ability to deliver its backlog and recognize the revenue underlying its fiscal 2026 guidance depended on new contract manufacturing facilities, including facilities that were not completed, not operational, and/or not capable of producing at the volumes the guidance assumed; (2) the corrective measures Fluence Energy had implemented to address production problems at its contract manufacturers were not remediating those problems, which persisted and extended to Fluence Energy’s new facilities; (3) as a result, a material portion of the backlog that defendants represented as “securing” or “covering” Fluence Energy’s fiscal 2026 revenue guidance were likely to be delivered and recognized in fiscal 2026; and (4) as a result of the foregoing, defendants’ positive statements about Fluence Energy’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Fluence Energy class action, go to https://rosenlegal.com/cases/fluence-energy-inc-2026-09/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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Klíčovým katalyzátorem pro NuScale Power je nezávazná dohoda společnosti ENTRA1 s TVA o kapacitě až 6 GW, která by vyžadovala až 72 modulů malých modulárních reaktorů (SMR).
Nuclear energy stocks are becoming closely tied to the data center build-out. Alphabet's Google recently signed a 20-year power purchase agreement with Constellation Energy, the U.S.'s largest nuclear operator, to support its growing power needs. After its Oct. 6 announcement, Constellation's stock soared 12%, and other nuclear energy stocks followed suit.
One intriguing stock in the space is NuScale Power (SMR -5.20%), an early-stage developer of small modular reactors (SMRs). As hyperscale data center operators search for dependable, carbon-free electricity, NuScale could offer investors another way to capitalize on the nuclear energy revival.
The early-stage company trades below $6 per share and is largely story-driven, but one key catalyst could send the stock soaring.
Image source: The Motley Fool.
NuScale Power's stock has fallen drastically in 2026 NuScale's Power Modules are factory-built SMRs that are based on light-water reactor technology. Each module produces 77 MWe (megawatt-electric) of power and can be deployed in multiunit arrays to provide up to 924 MWe, enough to power 700,000 homes or heavy-duty infrastructure such as data centers or industrial plants.
The stock surged last year as data center investments ramped up and the Department of Energy took steps to boost the nuclear energy industry. As part of these efforts, the U.S. has an aggressive goal of quadrupling nuclear energy capacity by 2050 and is building traditional power plants while accelerating the development of microreactor and SMR technology.
SMR NuScale Power$5.83-$0.32 (-5.20%)
NYSE · As of 4:00 PM ET 10/16/26
Over the past year, the stock has plunged. After peaking at around $57 per share, NuScale is down over 90%. Several factors are driving the decline, including weakness in nuclear energy stocks, Fluor (an early investor in NuScale) exiting its stake, and a lack of further commitments for its technology.
NuScale has one project in Romania, but it needs more in its pipeline to gain real traction. One deal that could send the stock soaring is with the Tennessee Valley Authority (TVA).
NuScale is working with ENTRA1 to develop power plants, and on Sept. 2, 2025, ENTRA1 signed a non-binding agreement with the TVA for up to 6 gigawatts (GW) of power across its service region. The 6 GW project would be the largest SMR deployment in the U.S. and would require deploying up to 72 NuScale Power Modules. A deal would transform NuScale's long-term outlook.
CEO John Hopkins told investors during its Aug. 5 earnings call that the company is "extremely encouraged by our conversations that ENTRA1 and TVA are having" and that "TVA is actively engaged." NuScale hopes to secure firm commitments through power purchase agreements (PPAs), which could serve as a blueprint for future deals and get U.S. plant development underway.
Until then, NuScale Power remains a risky, early-stage, story-driven stock, and its decline over the past year is a painful reminder. The stock is down 90% from its all-time high and could surge if it secures a much-coveted deal with TVA. But without a firm commitment, the stock may fall further, and investors should weigh its upside potential against the real risk of a further decline.
Courtney Carlsen has positions in Alphabet, Constellation Energy, and NuScale Power. The Motley Fool has positions in and recommends Alphabet and Constellation Energy. The Motley Fool has a disclosure policy.
Meta odstranila ze smluvních podmínek ustanovení, které vyvolalo obavy z využívání obsahu webových stránek k trénování AI. Uvedla, že změna nemění používání webových crawlerů.
Meta recently updated its commercial terms of use, declaring that the company can “use any content from [a business account’s] domains, web pages, or URLs to provide, develop, improve, research, train, and maintain the integrity of” Meta products and services.
According to legal experts interviewed by Nieman Lab, this looked like a “remarkable provision” that could give Meta permission to scrape the website of any publisher with a Meta business account and use the content to train the company’s AI models. (While Meta defeated a high-profile lawsuit over alleged copyright infringement last year, other cases against AI companies, including Meta, continue.)
However, a Meta spokesperson insisted that the updated terms did not reflect a change in the way Meta crawls the web. And now, The Verge reports that the provision has been removed.
“We’ve heard you and want to clarify: the crawling terms we consolidated only applied to our ads and business products, and we’ve clarified that in the terms themselves,” the company said in a statement. “It does not change how Meta uses web crawlers.”
Akcie Costco od květnového maxima klesly o něco více než 18 %; historicky se po podobných poklesech v pěti ze sedmi případů do 12 měsíců vrátily na historické maximum.
When Costco Wholesale (COST +1.14%) stock falls 10% or more from its peak, like right now, history says it usually sets a new high within a year, though there are a couple of important (and recent) counterexamples to be aware of. The stock's most recent record high was in May of this year, and a recovery is already in progress; at the lows, its drawdown was just a hair over 18%.
For shareholders like yours truly, these stretches of bumpiness are annoying, but they're also great opportunities to buy more shares. Let's take a look at how Costco tends to perform in the periods after these declines to see why that's the case.
Image source: The Motley Fool.
This stock doesn't stay down for long Over the last 10 years, Costco's stock fell 10% or more seven different times before this most recent one drop. In five of those instances, it went on to set a new record within 12 months. And, in all seven cases, it eventually recovered, with the slowest recovery taking around 19 months.
The 2017 slump happened after Amazon agreed to buy the grocer Whole Foods in June, and at least one investment bank downgraded Costco's rating over fears that its members would defect. It went on to hit a fresh record high on Nov. 30, 2017 after its memberships kept growing anyway.
What's more, Costco's earnings per share (EPS) grew consistently throughout 2017 to 2026, showing significant resilience against the impacts of the pandemic and the inflation spike afterwards. Members keep renewing all the while, which is why Costco is at home among stocks with wide moats, with 92.3% of U.S. and Canadian members renewing their memberships in the fiscal fourth quarter of 2026.
The exceptions to the stock's habit of bouncing back are the two most recent data points, which suggest investors shouldn't be quite as gung-ho about its resilience as in the past.
$989.11+$11.10 (+1.14%)
NASDAQ · As of 4:00 PM ET 10/16/26
In May 2022, Costco's shares took a hit after two of its competitors, Target and Walmart, both blamed higher-than-normal inflation for their earnings misses. At that time, Costco fell by an unusually brutal 31.5% from its April 2022 high and didn't fully recover to that point until December 2023.
Similarly, a decline that began in February 2025 lasted until May 2026, a rather long stretch, given that the stock market made repeated new all-time highs during the same period.
Both of those cases are also notable because they were initiated from fairly steep valuations. Costco's trailing price-to-earnings (P/E) ratio was at 62.4 in February 2025, a 10-year high. Its EPS still rose during that year, but the valuation multiple shrank faster.
Should you buy Costco on this dip? If you're wondering whether to buy Costco while it's a bit cheaper than before, there are a few things to consider.
This most recent decline began as the company's growth slowed slightly; sales at warehouses open for one year or more climbed 8.8% in June 2026, down from 12.5% in May. The boost that the company had initially gotten from higher gas prices earlier in the year tapered off a bit.
Another factor is that the stock's valuation hasn't reset much relative to the highs. With a P/E of 47.3 on Oct. 15, Costco's valuation is still well above its 10-year average P/E of 40. While that doesn't put it into the club of most overvalued stocks, that kind of premium valuation multiple tends to not leave much room for bumps in the road without harming the share price.
So, with all of that being said, Costco's stock making a new high within the next 12 months is, unfortunately, somewhat less likely than its record implies. The stock might drift sideways while earnings catch up.
That's no impediment to buying it if you're already set on holding it for the long term, as I am, and so it's probably worth grabbing a few extra shares while they're cheaper than they were in May.
Berkshire Hathaway ve druhém čtvrtletí odkoupila své akcie za 4,5 miliardy USD; generální ředitel Greg Abel je považuje za levnější, než je jejich konzervativně odhadovaná vnitřní hodnota.
When Warren Buffett stepped down as CEO of Berkshire Hathaway (BRKA +1.08%) (BRKB +1.21%), there were a lot of eyes on his successor, Greg Abel. Would Buffett's replacement follow the Oracle of Omaha's approach to buying stocks?
Less than a year into Abel's tenure, we're getting an answer. Berkshire went on a buying spree during the second quarter, adding to its positions in Alphabet (GOOGL -2.47%) (GOOG -2.32%) and Delta Air Lines (DAL -3.47%). And another purchase stood out -- $4.5 billion of Berkshire Hathaway's own stock.
Here's what that means for investors.
Berkshire Hathaway CEO Greg Abel. Image source: Getty Images.
Berkshire is putting its cash to work For years, Buffett accumulated an enormous cash reserve at Berkshire Hathaway, preferring to wait for attractive investment opportunities rather than overpay for stocks.
That approach helped Berkshire build a reputation for finding companies with strong competitive advantages and buying their shares when they traded below their intrinsic value -- what the underlying business is actually worth.
Abel appears to be following that philosophy, although he's becoming more aggressive about putting Berkshire's money to work.
During the second quarter, Berkshire increased its Alphabet holdings substantially, adding millions of shares of the Google parent company. It also bought an additional 17.5 million shares of Delta, increasing its stake by 44%. Berkshire opened a position in Delta during the first quarter -- Abel's first as CEO -- and now has more than 57 million shares of Delta stock.
BRKB Berkshire Hathaway$532.02+$6.34 (+1.21%)
NYSE · As of 4:00 PM ET 10/16/26
Berkshire ended June with approximately $359.2 billion in cash and short-term investments. Even after its recent purchases, Abel has plenty of money available for additional investments.
Why Berkshire's buybacks matter Berkshire Hathaway spent approximately $235 million buying back shares during the first quarter, then increased that amount to $4.5 billion in the second quarter.
Berkshire has a specific rule governing repurchases. According to its second-quarter regulatory filing, the company can buy back shares only when its CEO determines that the price is below Berkshire's conservatively estimated intrinsic value. So, Abel isn't buying Berkshire shares simply because the company has money available. He's buying because he believes the stock offers value.
Berkshire purchased Class B shares at an average price of $476.01 in May and $487.98 in June. Those figures give investors something useful -- actual prices at which Berkshire's leadership was willing to invest billions of dollars in its own business.
Should you buy Berkshire Hathaway stock, too? One of Berkshire Hathaway's strengths is that it's a conglomerate -- the company owns dozens of businesses, including insurance companies, consumer goods such as Duracell, and iconic brands like Dairy Queen. It also has a huge investment portfolio, with large stakes in blue chip companies like Apple and Bank of America. That means it has exposure to several different parts of the economy.
For investors considering Berkshire Hathaway, the company's recent repurchases provide a useful starting point for evaluating the stock.
After all, when Berkshire's own management is willing to spend billions buying its shares, that's worth a closer look.
Bank of America is an advertising partner of Motley Fool Money. Patrick Sanders has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Apple, and Berkshire Hathaway. The Motley Fool recommends Delta Air Lines. The Motley Fool has a disclosure policy.
Investor concerns are starting to weigh on some artificial intelligence stocks, particularly those trading at high valuations and lacking fortress balance sheets to navigate what could become a very difficult environment if funding dries up and the AI trade hits a snag.
CoreWeave's (CRWV -11.91%) stock nose-dived nearly 15.5% on Oct. 14 on account of these concerns. The neocloud player has piled on debt to build out data centers to power the AI revolution. However, soaring bond yields have raised the cost of capital, leading investors to increasingly believe that capital markets for these AI stories could potentially freeze up, or at least make it more difficult to raise funding.
CoreWeave is projected to have a 6.3x gross leverage ratio by year-end, prompting market questions about the company's balance sheet.
Image source: The Motley Fool.
The "era of easy money" may be coming to an end CoreWeave was one of the earlier, more notable neoclouds, which began building data centers specifically for the hyperscalers driving the AI revolution. Key customers include Microsoft, OpenAI, Meta Platforms, Nvidia, and Anthropic.
In just a few years, the company has brought 51 active data centers online that collectively can provide 1.5 gigawatts (GW) of compute. The company added eight data centers this year and has contracted roughly 4.2 GW of total power as of Aug. 11.
The problem is that building these data centers is extremely capital-intensive, forcing the company to raise significant debt to fund the build-out. At the end of the second quarter, the company had generated adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of nearly $2.7 billion.Meanwhile, total debt was $27.6 billion, compared with roughly $5 billion in total shareholder equity.
Looking ahead, Wall Street analysts project that CoreWeave will significantly grow its debt pile to $47.6 billion by the end of 2026, according to Visible Alpha. Projected adjusted EBITDA is expected to hit about $7.6 billion by year-end, giving the company a gross leverage ratio of nearly 6.3x.
CRWV CoreWeave$61.39-$8.30 (-11.91%)
NASDAQ · As of 4:00 PM ET 10/16/26
The situation, coupled with a higher-rate environment, has led investors to sell CoreWeave bonds. For instance, according to Barron's, CoreWeave's 9.625% senior unsecured notes due in 2032 fell below $80, as of Oct. 14. Bonds are typically priced at par ($100) and have an inverse relationship with bond yields.
"The era of easy money, which we experienced in the first nine months of the year, is starting to disappear and dissipate," Luis Alvarado, co-head of global fixed income strategy at the Wells Fargo Investment Institute, said, according to CNBC. "Now the extra dollar or the marginal dollar is going to be more looked at with a microscope into the concessions that the issuer is giving you back."
Will the music stop? The difficult part of evaluating any AI stock right now is knowing whether the proverbial music keeping the AI party going will stop.
At the end of the second quarter, CoreWeave reported a revenue backlog over $104 billion, 40% of which is expected to materialize within 24 months. In a memo, CoreWeave's CEO Mike Intrator wrote: "We are confident in our backlog, which more than supports all of our debt obligations."
According to Visible Alpha, consensus estimates from analysts project CoreWeave will drastically grow adjusted EBITDA to nearly $16.9 billion in 2027 and then over $27.6 billion in 2028. So, if current commitments with AI customers are met, then CoreWeave will be fine.
There are risks. For instance, Fitch Ratings noted in June that 65% of CoreWeave's first-quarter revenue came from its top two customers, although the company has since added more customers.But if these customers, for whatever reason, experience trouble, CoreWeave will feel it.
The frontier AI models right now have many commitments regarding data centers but are still losing lots of money. Even the hyperscalers, after committing hundreds of billions to AI infrastructure, have begun to generate negative free cash flow.
CoreWeave is already highly levered, so if there is real stress within the AI trade, it does not have a fortress balance sheet to protect it. That's why it's one of the riskier stocks in the AI trade than, say, hyperscalers like Microsoft.
Akcie Serve Robotics během týdne klesly o 25,7 % poté, co společnost Northland zvýšila odhad ztráty na akcii za 3. čtvrtletí na 0,88 USD a firma zaregistrovala 4,13 milionu dalších kmenových akcií.
Thanks to a Wall Street analyst cutting earnings estimates and pointing to deeper multi-year losses, shares of Serve Robotics (SERV -7.45%) tumbled this week.
Serve Robotics stock closed at $3.49 on Friday, Oct. 16, down 25.7% from Friday, Oct. 9's close. Over the same period, the S&P 500 (^GSPC -1.09%) was down 1.9%, and the Nasdaq-100 was down 4.8%.
Image source: Getty Images.
An analyst's lowered forecast and investors' fear of dilution pressured the stockThe primary driver behind the decline was a research report from Northland Securities released on Monday, Oct. 12. Analyst M. Latimore reduced third-quarter earnings expectations for Serve Robotics to a loss of $0.88 per share (down from $0.72) and widened the full-year 2026 loss projection from $2.82 to $3.22 per share. Northland also projected continued annual losses through 2028, signaling to investors that profitability remains years away. Adding to the negative sentiment, the company filed a Form S-8 to register 4.13 million additional common shares under its equity incentive plan, raising concerns about share dilution for current equity holders.
$3.23-$0.26 (-7.45%)
NASDAQ · As of 4:00 PM ET 10/16/26
The sell-off pushed the stock down 82.2% (as of the close on Fri, Oct. 16) from its 52-week high of $18.24, leaving shares trading near their 52-week low of $3.25.
Serve Robotics is an early-stage autonomous robotics developer building low-emission sidewalk delivery rovers. With minimal commercial revenue today, its value depends on whether it can scale fleet monetization. Spun off from Uber in 2021, the company designs low-speed autonomous sidewalk robots that transport food and groceries over short distances for delivery partners like Grubhub. It earns revenue from fleet service fees, software platform licensing, and branding agreements for its rovers.
Because Serve Robotics generates minimal commercial revenue, traditional price-to-earnings or price-to-sales ratios are not yet meaningful. Instead, valuation depends on its $280.1 million market capitalization relative to its cash runway. In its last reported quarter, which ended June 30, 2026, the company held $235.4 million in cash and short-term investments against a quarterly net loss of $64.1 million. With quarterly losses at that level, the risk of permanent capital loss is high if fleet operations do not rapidly improve operating leverage before cash reserves require equity dilution. This week's analyst estimate revisions and share registration sharpen investor focus on Serve's multi-year losses, shifting the thesis from pure fleet growth to sustainable unit economics.
What's next for Serve RoboticsInvestors will get their next detailed operational update when Serve Robotics reports third-quarter 2026 financial results, scheduled for Nov. 11, 2026. Key focus areas will include cost of revenue per delivery and total active fleet deployments. While commercial expansions with delivery partners provide validation, management must demonstrate that sidewalk robotics can achieve positive gross margins as fleet size scales.
Is Serve Robotics stock a buy?The increasingly pessimistic stance that Northland Securities is taking on Serve Robotics stock is certainly worth acknowledging, and, unsurprisingly, investors were motivated to exit their positions in the robotics stock last week. But prospective investors should hardly interpret the stock's recent drop as a signal that now's a great time to initiate positions.
Until the company's net losses stabilize and begin to narrow, investors will want to keep their distance from Serve Robotics stock, as there's no telling how long it will take for the company to grow its active fleet of autonomous robots to an inflection point that puts it on the path to profitability. However, investors eager to gain exposure to the burgeoning robotics industry but with lower risk tolerances may consider an exchange-traded fund (ETF) focused on robotics stocks, such as the ARK Autonomous Tech and Robotics ETF.
Apple (AAPL +0.43%) is back in the $5 trillion value club, which it briefly entered as former CEO Tim Cook took leave earlier this year. During his tenure, Apple's stock gained more than 2,600% and made it the most valuable company in the world.
New CEO John Ternus has already begun to make his mark as leader, presiding over several new launches in recent weeks, including the brand-new Apple HomeView product. Sitting at the top of the market makes it harder to keep growing.
As of Oct. 16, Apple stock is still outperforming the S&P 500 by more than double the year-to-date growth rate -- 27% to 13%.
Can the iPhone maker keep it up?
The Apple ecosystem Apple's main product is the iPhone, but its ecosystem of products, including computers, watches, tablets, and more, keeps customers in the Apple world. All of its products interconnect, making it easy to use profiles across the system.
For example, the new HomeView product is meant to be a central unit for a home that can access your data and accomplish tasks for users. Once a customer buys their first product, they tend to stay within the ecosystem, buying all their tech devices from Apple.
Image source: Apple.
The company's user-first experience has generated loads of global fans, creating an ongoing cycle of new and improved products and higher sales. The cycle is driven by the iPhone, which accounts for around half of total sales in a given quarter.
In the 2026 fiscal third quarter (ended June 27), total revenue increased 16% year over year, and iPhone sales were up 22%. It was the third in a row with iPhone sales above 21%. The responsibility is on Ternus to keep things that way, and as the former leader of hardware engineering at Apple, he has been well-trained for this new role.
Apple CEO John Ternus. Image source: Apple.
How high can Apple stock go? It isn't feasible for a company that's already worth $5 trillion to gain another 2,600%. However, as the company is demonstrating in 2026, it can still beat the market.
AAPL Apple$343.46+$1.46 (+0.43%)
NASDAQ · As of 4:00 PM ET 10/16/26
Investors are piling into Apple stock today because they're realizing Apple might have the right idea about AI. Instead of overspending on an AI mode, like some of its peers, Apple is focusing on consumer hardware, which is what it does best, and adding AI services deliberately.
As investors continue to push up the price, though, it's become quite expensive. It's trading at a price-to-earnings ratio of 39, which means it's not the ideal time to buy. However, Apple can provide long-term value for investors who hold it for years.
Assenagon Asset Management S.A. lifted its stake in shares of Caterpillar Inc. (NYSE:CAT – Free Report) by 663.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 116,512 shares of the industrial products company’s stock after purchasing an additional 101,254 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Caterpillar were worth $94,467,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also made changes to their positions in the company. Decker Retirement Planning Inc. lifted its stake in Caterpillar by 440.0% in the second quarter. Decker Retirement Planning Inc. now owns 27 shares of the industrial products company’s stock valued at $29,000 after buying an additional 22 shares during the last quarter. Matrix Trust Co grew its position in Caterpillar by 93.8% in the 2nd quarter. Matrix Trust Co now owns 31 shares of the industrial products company’s stock valued at $33,000 after buying an additional 15 shares in the last quarter. Axiom Investment Management LLC bought a new stake in Caterpillar during the second quarter worth approximately $36,000. Lam Group Inc. bought a new stake in shares of Caterpillar in the 1st quarter worth $26,000. Finally, Tacita Capital Inc acquired a new position in shares of Caterpillar in the 2nd quarter worth approximately $47,000. Institutional investors own 70.98% of the company’s stock.
Insider Buying and Selling In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $808.98, for a total value of $26,211,760.98. Following the sale, the chief executive officer owned 34,555 shares in the company, valued at $27,954,303.90. This represents a 48.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.33% of the company’s stock.
Wall Street Analyst Weigh In Several research firms have recently weighed in on CAT. Citigroup dropped their target price on shares of Caterpillar from $1,100.00 to $950.00 and set a “buy” rating on the stock in a research report on Monday. President Capital initiated coverage on shares of Caterpillar in a research note on Friday, September 18th. They set a “buy” rating and a $999.00 price target on the stock. Truist Financial reduced their target price on Caterpillar from $1,225.00 to $1,100.00 and set a “buy” rating for the company in a report on Monday, October 5th. Royal Bank Of Canada lifted their price objective on Caterpillar from $877.00 to $897.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 5th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $749.00 target price on shares of Caterpillar in a research note on Wednesday. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $967.83. Get Our Latest Research Report on CAT
Key Stories Impacting Caterpillar Here are the key news stories impacting Caterpillar this week:
Positive Sentiment: Caterpillar will invest up to $10 million in North Carolina workforce training, supporting technicians and manufacturing workers as it expands its Sanford operations. The investment complements a previously announced roughly $1 billion facility investment intended to increase compact-equipment production. Caterpillar Invests in North Carolina’s Future Manufacturing Workforce Positive Sentiment: The acquisition of the Fabick CAT dealer network could strengthen Caterpillar’s distribution and customer-support footprint, although financial terms and the transaction’s earnings impact were not provided. Caterpillar acquires Fabick Cat dealer network Neutral Sentiment: Caterpillar scheduled its third-quarter 2026 results for October 29, giving investors a near-term catalyst to assess demand, margins and guidance. Caterpillar Third-Quarter 2026 Results Announcement Neutral Sentiment: Resource Industries President Denise Johnson will retire in February 2027, with Derrick York appointed as her successor effective November 1. Johnson will remain in an advisory role during the transition, limiting immediate disruption concerns. Caterpillar Announces Leadership Transition in Resource Industries Negative Sentiment: An analyst downgrade pressured the stock, while Oppenheimer issued a pessimistic forecast. These actions reinforce concerns about Caterpillar’s valuation and future earnings outlook. Caterpillar Shares Down on Analyst Downgrade Negative Sentiment: A broader unwind in the AI-related power trade also weighed on Caterpillar, as investors reassessed companies expected to benefit from data-center electricity demand. Comparisons with Generac highlighted differences in backlog, valuation and financial strength. AI Power Trade Unwinds Caterpillar Stock Down 0.8% NYSE:CAT opened at $730.01 on Friday. The company has a quick ratio of 0.85, a current ratio of 1.37 and a debt-to-equity ratio of 1.65. The firm has a market capitalization of $335.57 billion, a P/E ratio of 31.41, a P/E/G ratio of 1.27 and a beta of 1.58. The stock’s fifty day simple moving average is $812.24 and its 200-day simple moving average is $855.37. Caterpillar Inc. has a 12-month low of $510.21 and a 12-month high of $1,073.46.
Caterpillar (NYSE:CAT – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.22 by $1.95. The company had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%. The company’s revenue for the quarter was up 23.7% compared to the same quarter last year. During the same period in the prior year, the company earned $4.72 earnings per share. Equities research analysts expect that Caterpillar Inc. will post 27.49 earnings per share for the current year.
Caterpillar Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Monday, October 26th will be paid a dividend of $1.63 per share. The ex-dividend date is Monday, October 26th. This represents a $6.52 annualized dividend and a dividend yield of 0.9%. Caterpillar’s payout ratio is currently 28.06%.
Caterpillar Company Profile (Free Report)
Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its products are used in infrastructure development, construction, mining, energy production, transportation, agriculture, forestry, and other industrial applications.
The company markets equipment and related services through a worldwide network of independent dealers. Its operations are generally organized around Construction Industries, Resource Industries, and Energy & Transportation.
Featured Articles Five stocks we like better than Caterpillar Bank of America Stock Sell-Off Looks Like a Buying Opportunity AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff? GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
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Costco ve čtvrtletí meziročně zvýšilo tržby o 11,1 % na 95,72 miliardy USD. Zisk na akcii (EPS) dosáhl 6,75 USD, čímž překonal analytický odhad 6,54 USD.
AdvisorNet Financial Inc grew its position in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 14.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,091 shares of the retailer’s stock after buying an additional 1,020 shares during the quarter. AdvisorNet Financial Inc’s holdings in Costco Wholesale were worth $7,223,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sarasin & Partners LLP increased its position in Costco Wholesale by 6.9% during the 2nd quarter. Sarasin & Partners LLP now owns 214,194 shares of the retailer’s stock valued at $200,372,000 after purchasing an additional 13,795 shares during the period. Nissay Asset Management Corp Japan boosted its stake in shares of Costco Wholesale by 4.1% during the 2nd quarter. Nissay Asset Management Corp Japan now owns 158,416 shares of the retailer’s stock valued at $148,193,000 after purchasing an additional 6,200 shares in the last quarter. Silvant Capital Management LLC bought a new stake in shares of Costco Wholesale during the 2nd quarter valued at about $16,013,000. Hyperion Asset Management Ltd increased its position in shares of Costco Wholesale by 9.0% during the second quarter. Hyperion Asset Management Ltd now owns 68,762 shares of the retailer’s stock valued at $64,325,000 after buying an additional 5,656 shares during the period. Finally, Concurrent Investment Advisors LLC increased its position in shares of Costco Wholesale by 15.0% during the second quarter. Concurrent Investment Advisors LLC now owns 22,766 shares of the retailer’s stock valued at $21,297,000 after buying an additional 2,974 shares during the period. Hedge funds and other institutional investors own 68.48% of the company’s stock.
More Costco Wholesale News Here are the key news stories impacting Costco Wholesale this week:
Positive Sentiment: September sales accelerated: Costco reported September net sales of $30.02 billion, up 13% year over year, while digitally enabled sales increased 19%. The results reinforce the strength of Costco’s membership model, e-commerce business and value-focused offering. September Sales Growth Positive Sentiment: Analyst support remains strong: Tigress Financial reiterated a Buy rating while setting a $1,065 price target after previously publicizing a higher $1,250 target. Other coverage highlights Costco’s sales growth, membership loyalty and digital gains, supporting the recent recovery above key moving averages. Tigress Financial Price Target Positive Sentiment: Dividend maintained: Costco declared a quarterly dividend of $1.47 per share, payable November 13 to shareholders of record October 30. While the approximately 0.6% yield is modest, the payment signals continued cash-flow strength. Costco Dividend Announcement Positive Sentiment: Expansion pipeline: Proposed warehouse projects in Macon and Oakland, along with a planned Merced County relocation, point to continued investment in Costco’s store network. Infrastructure financing of up to $30 million could support the Macon development. Macon Costco Project Neutral Sentiment: Costco’s fiscal 2027 executive bonus plan adds sustainability-related measures. The change may support long-term operational goals, but it is unlikely to materially affect near-term earnings. Costco Executive Bonus Update Negative Sentiment: Valuation and macro risks remain: Costco trades at a high earnings multiple, leaving the stock vulnerable if growth or membership trends slow. Persistent inflation and potentially higher interest rates could also pressure consumer spending and market valuations. Negative Sentiment: An executive sold 1,100 shares worth approximately $1.05 million. The transaction is relatively small compared with Costco’s market value, but it may add a modest cautionary signal for investors. Costco Insider Sale Insider Buying and Selling In other news, EVP William Richard Wilcox sold 1,100 shares of the company’s stock in a transaction that occurred on Tuesday, October 13th. The stock was sold at an average price of $958.21, for a total transaction of $1,054,031.00. Following the completion of the transaction, the executive vice president directly owned 3,094 shares of the company’s stock, valued at $2,964,701.74. This represents a 26.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Claudine Adamo sold 2,200 shares of the stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $915.93, for a total value of $2,015,046.00. Following the transaction, the executive vice president owned 7,134 shares in the company, valued at $6,534,244.62. This trade represents a 23.57% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is owned by insiders. Wall Street Analysts Forecast Growth A number of brokerages have weighed in on COST. Robert W. Baird set a $1,175.00 target price on shares of Costco Wholesale in a research note on Friday, September 25th. DA Davidson raised their price target on shares of Costco Wholesale from $1,000.00 to $1,040.00 and gave the company a “neutral” rating in a report on Friday, September 25th. Guggenheim reiterated a “neutral” rating on shares of Costco Wholesale in a research report on Monday, September 28th. UBS Group reaffirmed a “buy” rating on shares of Costco Wholesale in a research report on Thursday, September 17th. Finally, HSBC upgraded Costco Wholesale to a “buy” rating in a research note on Friday, September 25th. Twenty-four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Costco Wholesale has a consensus rating of “Moderate Buy” and a consensus target price of $1,087.40.
Check Out Our Latest Stock Analysis on COST
Costco Wholesale Price Performance NASDAQ COST opened at $989.11 on Friday. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.06 and a quick ratio of 0.62. The company has a market cap of $438.30 billion, a price-to-earnings ratio of 47.64, a PEG ratio of 4.18 and a beta of 0.88. The stock’s fifty day moving average price is $933.15 and its 200 day moving average price is $963.28.
Costco Wholesale (NASDAQ:COST – Get Free Report) last posted its earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share for the quarter, beating the consensus estimate of $6.54 by $0.21. Costco Wholesale had a net margin of 3.04% and a return on equity of 27.60%. The firm had revenue of $95.72 billion during the quarter, compared to analyst estimates of $94.97 billion. During the same period in the previous year, the firm earned $5.87 EPS. The business’s quarterly revenue was up 11.1% on a year-over-year basis. As a group, equities research analysts forecast that Costco Wholesale Corporation will post 22.70 earnings per share for the current year.
Costco Wholesale Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be given a $1.47 dividend. The ex-dividend date is Friday, October 30th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. Costco Wholesale’s payout ratio is 28.32%.
Costco Wholesale Profile (Free Report)
Costco Wholesale Corporation operates a membership-based warehouse retail business under the Costco name. The company sells a broad selection of merchandise, including groceries, fresh foods, beverages, appliances, electronics, furniture, apparel, jewelry, hardware, and seasonal products. It also offers services such as gasoline, pharmacies, optical departments, hearing-aid centers, food courts, travel services, and business delivery in selected markets.
Costco markets many products under its private-label Kirkland Signature brand and sells merchandise through warehouse locations and e-commerce platforms.
Featured Articles Five stocks we like better than Costco Wholesale Bank of America Stock Sell-Off Looks Like a Buying Opportunity AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff? GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out? Want to see what other hedge funds are holding COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Corporation (NASDAQ:COST – Free Report).
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ACT Advisors LLC. boosted its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 908.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,300 shares of the retailer’s stock after acquiring an additional 2,072 shares during the quarter. Costco Wholesale makes up approximately 0.7% of ACT Advisors LLC.’s portfolio, making the stock its 18th largest holding. ACT Advisors LLC.’s holdings in Costco Wholesale were worth $2,094,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the business. State Street Corp grew its stake in Costco Wholesale by 31.7% in the 2nd quarter. State Street Corp now owns 23,901,594 shares of the retailer’s stock valued at $22,359,224,000 after buying an additional 5,749,362 shares during the last quarter. Bank of America Corp DE grew its position in shares of Costco Wholesale by 11.5% in the first quarter. Bank of America Corp DE now owns 7,515,031 shares of the retailer’s stock valued at $7,488,203,000 after purchasing an additional 773,651 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of Costco Wholesale by 838.9% in the fourth quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer’s stock valued at $5,282,182,000 after purchasing an additional 5,472,968 shares during the last quarter. Invesco Ltd. increased its stake in shares of Costco Wholesale by 3.4% in the fourth quarter. Invesco Ltd. now owns 4,328,729 shares of the retailer’s stock worth $3,732,836,000 after purchasing an additional 143,150 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Costco Wholesale by 5.5% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,068,312 shares of the retailer’s stock worth $2,870,314,000 after purchasing an additional 160,893 shares during the period. 68.48% of the stock is currently owned by institutional investors and hedge funds.
More Costco Wholesale News Here are the key news stories impacting Costco Wholesale this week:
Positive Sentiment: September sales accelerated: Costco reported September net sales of $30.02 billion, up 13% year over year, while digitally enabled sales increased 19%. The results reinforce the strength of Costco’s membership model, e-commerce business and value-focused offering. September Sales Growth Positive Sentiment: Analyst support remains strong: Tigress Financial reiterated a Buy rating while setting a $1,065 price target after previously publicizing a higher $1,250 target. Other coverage highlights Costco’s sales growth, membership loyalty and digital gains, supporting the recent recovery above key moving averages. Tigress Financial Price Target Positive Sentiment: Dividend maintained: Costco declared a quarterly dividend of $1.47 per share, payable November 13 to shareholders of record October 30. While the approximately 0.6% yield is modest, the payment signals continued cash-flow strength. Costco Dividend Announcement Positive Sentiment: Expansion pipeline: Proposed warehouse projects in Macon and Oakland, along with a planned Merced County relocation, point to continued investment in Costco’s store network. Infrastructure financing of up to $30 million could support the Macon development. Macon Costco Project Neutral Sentiment: Costco’s fiscal 2027 executive bonus plan adds sustainability-related measures. The change may support long-term operational goals, but it is unlikely to materially affect near-term earnings. Costco Executive Bonus Update Negative Sentiment: Valuation and macro risks remain: Costco trades at a high earnings multiple, leaving the stock vulnerable if growth or membership trends slow. Persistent inflation and potentially higher interest rates could also pressure consumer spending and market valuations. Negative Sentiment: An executive sold 1,100 shares worth approximately $1.05 million. The transaction is relatively small compared with Costco’s market value, but it may add a modest cautionary signal for investors. Costco Insider Sale Costco Wholesale Stock Performance NASDAQ COST opened at $989.11 on Friday. The firm has a market cap of $438.30 billion, a price-to-earnings ratio of 47.82, a PEG ratio of 4.18 and a beta of 0.88. The company has a 50 day moving average of $933.15 and a 200-day moving average of $963.28. The company has a current ratio of 1.06, a quick ratio of 0.62 and a debt-to-equity ratio of 0.11. Costco Wholesale Corporation has a 1-year low of $844.06 and a 1-year high of $1,096.50. Costco Wholesale (NASDAQ:COST – Get Free Report) last announced its earnings results on Thursday, September 24th. The retailer reported $6.75 EPS for the quarter, topping the consensus estimate of $6.54 by $0.21. Costco Wholesale had a return on equity of 27.60% and a net margin of 3.04%. The business had revenue of $95.72 billion for the quarter, compared to the consensus estimate of $94.97 billion. During the same period in the previous year, the business earned $5.87 EPS. Costco Wholesale’s revenue was up 11.1% compared to the same quarter last year. On average, equities analysts forecast that Costco Wholesale Corporation will post 22.70 earnings per share for the current fiscal year.
Costco Wholesale Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, October 30th. Costco Wholesale’s dividend payout ratio is presently 28.32%.
Analysts Set New Price Targets COST has been the subject of several research analyst reports. UBS Group reissued a “buy” rating on shares of Costco Wholesale in a research report on Thursday, September 17th. Argus reaffirmed a “buy” rating and issued a $1,230.00 price target on shares of Costco Wholesale in a research report on Monday, September 28th. Freedom Broker dropped their price target on Costco Wholesale from $1,030.00 to $1,010.00 and set a “buy” rating on the stock in a research report on Friday, September 25th. Wells Fargo & Company reduced their price objective on Costco Wholesale from $1,000.00 to $950.00 and set an “equal weight” rating for the company in a research report on Friday, September 25th. Finally, Evercore reiterated an “outperform” rating on shares of Costco Wholesale in a research note on Tuesday, September 22nd. Twenty-four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $1,087.40.
Read Our Latest Stock Analysis on COST
Insider Buying and Selling at Costco Wholesale In other news, EVP Claudine Adamo sold 2,200 shares of the firm’s stock in a transaction on Tuesday, September 29th. The stock was sold at an average price of $915.93, for a total value of $2,015,046.00. Following the completion of the sale, the executive vice president directly owned 7,134 shares in the company, valued at approximately $6,534,244.62. This trade represents a 23.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP William Richard Wilcox sold 1,100 shares of the business’s stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $958.21, for a total transaction of $1,054,031.00. Following the completion of the transaction, the executive vice president directly owned 3,094 shares of the company’s stock, valued at approximately $2,964,701.74. This represents a 26.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is currently owned by corporate insiders.
Costco Wholesale Profile (Free Report)
Costco Wholesale Corporation operates a membership-based warehouse retail business under the Costco name. The company sells a broad selection of merchandise, including groceries, fresh foods, beverages, appliances, electronics, furniture, apparel, jewelry, hardware, and seasonal products. It also offers services such as gasoline, pharmacies, optical departments, hearing-aid centers, food courts, travel services, and business delivery in selected markets.
Costco markets many products under its private-label Kirkland Signature brand and sells merchandise through warehouse locations and e-commerce platforms.
Read More Five stocks we like better than Costco Wholesale Bank of America Stock Sell-Off Looks Like a Buying Opportunity AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff? GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out? Want to see what other hedge funds are holding COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Corporation (NASDAQ:COST – Free Report).
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Shareholders of Costco Wholesale (COST +1.14%) can look forward to some dividend payouts heading their way soon. The dividend of $1.47 per share will be paid out on Nov. 13 to shareholders of record at the close of business on Oct. 30.
When that time comes, shareholders will have a decision to make. They can either take the dividends as income, or use them in a dividend reinvestment plan (DRIP), which purchases more Costco shares. Depending on your investing goals, one may make more sense over the other.
Image source: The Motley Fool.
Why establishing a Costco DRIP makes sense The power of a DRIP is that investors can use dividends to increase their stakes in a company without using their personal funds. For a stock like Costco, having additional shares can help build a larger position that can compound into meaningful returns, given its stock price appreciation potential. For example, over the last five years, as of this writing, Costco shares are up 117%, compared with the S&P 500's 72.6% return.
When Costco pays its $1.47-per-share dividend, if an investor's account is enrolled in a DRIP, the funds will be used to purchase additional shares. Costco has also paid a special dividend every few years, with the last payout of $15 per share in 2024. When that special dividend is paid out, if an account supports a Costco DRIP, the dividend will also purchase additional shares.
Using the dividend to automatically purchase shares would make the most sense for someone with a significant number of shares, as well as for someone with many working years ahead. That type of individual may not need the income right now, and they could just use the DRIP to build a larger position. Then, when they are ready to retire, they could just turn off the DRIP and collect the dividend payouts for income.
COST Costco Wholesale$989.11+$11.10 (+1.14%)
NASDAQ · As of 4:00 PM ET 10/16/26
For shareholders at or around retirement age, as well as for those with only a small stake in the company, considering only taking the income could make more sense. When folks are considering retiring or are about to retire, they may be less worried about stock price appreciation and more focused on generating income.
For investors who may not own many shares of the company, it may make more sense to take the dividend as well. For example, if someone owned 20 shares of Costco, their dividend payout would be $29.40 on Nov. 13. Costco stock closed at $982 on Oct. 14, so reinvesting the dividend would still increase a shareholder's stake. However, it may be less meaningful to add less than $30 worth of fractional shares than it would be to keep the dividend and invest it into another stock that trades at a lower share price, or to just use it as pure income.
Čínská společnost ChangXin Memory Technologies plánuje do konce roku uvést DRAM čip s vyšší hustotou, což ohrožuje cenovou sílu Micronu; DRAM tvořily v minulém čtvrtletí 73 % jeho tržeb.
Micron (MU -5.63%) has been on an extraordinary run for the past year. The memory chipmaker has benefited from surging demand amid the AI revolution, combined with limited competition. Micron's stock has skyrocketed nearly 220% in 2026, even after a recent pullback. The company, along with a handful of others, owns the vast majority of the memory market share. That could all change, however, if China has anything to say about it.
MU Micron Technology$878.84-$52.40 (-5.63%)
NASDAQ · As of 4:00 PM ET 10/16/26
The threat to Micron's dominance comes from two state-backed Chinese companies. Yangtze Memory Technologies is aiming to overtake its competitors in the NAND market in the near future. It is currently ranked fifth by revenue, behind major players including Micron, Samsung (SSNLF +0.00%), and SK Hynix (SKHY -6.58%).
DRAM is where Micron is exposed
The bigger threat is in the DRAM market, which accounts for 73% of Micron's revenue as of last quarter. ChangXin Memory Technologies is about to launch a new, denser chip by the end of the year. This is an issue for Micron, as it will not only erode the company's market dominance but also undermine its pricing power.
Image source: The Motley Fool.
In the short term, Micron still has an incredible competitive moat. The company's high-bandwidth memory business is generally safe for now. However, DRAM and NAND businesses could suffer more as China creates cheaper models.
Micron's demand still exceeds supply and likely will for the next few years, but China's competitive threat is real and could erode Micron's margins over time. Micron's run isn't over, but I do expect growth to slow. It's still a worthwhile investment for long-term investors, though.
Catie Hogan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Micron Technology. The Motley Fool has a disclosure policy.
Tržby společnosti Regeneron ve 2. čtvrtletí vzrostly o 17 % na 4,3 mld. USD, k čemuž přispěl lék Dupixent, jehož globální prodeje stouply o 38 % na 6 mld. USD.
Regeneron Pharmaceuticals (REGN -0.70%) has underperformed broader equities over the past two years. Perhaps the biggest reason for that is the company's declining sales of Eylea, a medicine that treats several eye-related conditions. Regeneron has faced significant competition (biosimilar and otherwise) for Eylea, and despite the company launching a newer formulation of the medicine that is performing well, combined sales of the two versions are still dropping. The good news for Regeneron is that its most important asset continues to perform extremely well.
Image source: The Motley Fool.
Dupixent's rapidly growing sales
Regeneron developed Dupixent in collaboration with Sanofi (SNY +0.79%). The latter records global sales of the medicine and the two companies share U.S. profits equally, while Sanofi gets between 55% and 65% of the profits generated by the drug outside the U.S. Beyond eczema, Dupixent is approved for the treatment of COPD -- an indication it earned in the U.S. just about two years ago -- asthma, and several other conditions. The drug has been posting excellent sales growth and has been instrumental in helping Regeneron overcome its recent challenges.
In the second quarter, Regeneron's revenue grew by a healthy 17% year over year to $4.3 billion. Global sales of Dupixent came in at $6 billion, up 38% year over year. Regeneron's revenue generated from its collaboration with Sanofi grew 51% year over year to $2.2 billion thanks to Dupixent's performance. Regeneron's non-GAAP net income per share jumped 11% year over year to $14.29.
The company's performance was strong, despite lingering Eylea-related headwinds. U.S. sales of the original version of Eylea dropped by 45% year over year to $412 million. The newer, higher dose (HD) formulation performed much better. It posted U.S. revenue of $596 million, up 52% compared to the year-ago period. But combined U.S. revenue from both formulations dropped 12% year over year to about $1 billion. The fact that Regeneron posted a solid quarterly update despite its Eylea-related problems is encouraging.
Where will Regeneron be in five years?
Dupixent is already one of the top-selling drugs in the world, and it should remain so through the end of the decade. Sanofi now expects the medicine to hit 25 billion euros ($27.8 billion) in peak revenue by 2030. So, it should remain a meaningful growth driver. However, the medicine could start facing biosimilar competition in the early 2030s.
Can Regeneron survive that threat? In my view, it can, and here are three reasons why. First, Regeneron and Sanofi plan to defend their Dupixent empire, notably by developing and marketing a different formulation of the medicine that could improve dosing convenience and help it retain many patients beyond the original's patent expiration.
This is the playbook Regeneron followed with Eylea. And while combined sales of Eylea and Eylea HD are declining, that's partly because some patients are switching to the newer, more convenient formulation. Things would be a lot worse for Regeneron had it not earned approval for Eylea HD. Second, Regeneron and Sanofi are collaborating to develop medicines to replace Dupixent.
It's too early to tell whether they will be successful, but it is an encouraging sign for investors. Third, Regeneron has exciting pipeline candidates of its own that could help it navigate a patent cliff for Dupixent down the road. For instance, the company licensed olatorepatide, an investigational weight-loss medicine that mimics the actions of the GLP-1 and GIP hormones, from a China-based biotech.
Olatorepatide appears highly promising. In a Phase 3 study conducted in China, the treatment resulted in a mean weight loss of up to 19% over 48 weeks. Regeneron still needs to conduct clinical trials in the U.S., but olatorepatide could enable the company to capitalize on the rapidly growing weight loss market. Regeneron boasts several other promising candidates as well. Dupixent should remain the company's main growth driver for the foreseeable future, but beyond that, the biotech leader could perform well, provided it makes significant clinical and regulatory progress over the next few years. I'd wager that Regeneron can do so and deliver competitive returns over the medium term.
Banque Pictet & Cie SA cut its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 7.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 334,782 shares of the semiconductor company’s stock after selling 25,798 shares during the period. Taiwan Semiconductor Manufacturing accounts for about 1.1% of Banque Pictet & Cie SA’s portfolio, making the stock its 17th largest holding. Banque Pictet & Cie SA’s holdings in Taiwan Semiconductor Manufacturing were worth $152,733,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in the business. Tiger Global Management LLC increased its holdings in Taiwan Semiconductor Manufacturing by 49.4% during the 1st quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company’s stock worth $1,880,717,000 after purchasing an additional 1,839,600 shares during the period. Invesco Ltd. boosted its stake in shares of Taiwan Semiconductor Manufacturing by 1.1% in the 4th quarter. Invesco Ltd. now owns 3,721,823 shares of the semiconductor company’s stock valued at $1,131,025,000 after buying an additional 40,842 shares during the period. Sei Investments Co. lifted its position in shares of Taiwan Semiconductor Manufacturing by 11.8% during the 1st quarter. Sei Investments Co. now owns 2,591,510 shares of the semiconductor company’s stock worth $875,802,000 after purchasing an additional 274,389 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Taiwan Semiconductor Manufacturing by 67.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,717,515 shares of the semiconductor company’s stock worth $783,513,000 after purchasing an additional 690,523 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its position in shares of Taiwan Semiconductor Manufacturing by 168.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,093,115 shares of the semiconductor company’s stock worth $636,077,000 after purchasing an additional 1,313,917 shares during the last quarter. 16.51% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth A number of research firms recently commented on TSM. TD Cowen increased their target price on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a “hold” rating in a research report on Friday, July 17th. Needham & Company LLC boosted their price target on shares of Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the company a “buy” rating in a research report on Thursday. Zacks Research raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Weiss Ratings downgraded shares of Taiwan Semiconductor Manufacturing from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, October 6th. Finally, Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $528.78.
View Our Latest Report on Taiwan Semiconductor Manufacturing Key Headlines Impacting Taiwan Semiconductor Manufacturing Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:
Positive Sentiment: Record results and strong guidance support the long-term outlook. Third-quarter net income rose 68.7% year over year to NT$763.1 billion, while revenue increased about 51% and exceeded analyst estimates. TSMC also forecast fourth-quarter revenue of $52.3 billion to $54.3 billion, well above the consensus estimate. TSMC posts record profit for a sixth straight quarter Positive Sentiment: AI demand remains the key growth driver. Advanced technologies represented 79% of wafer revenue, and management reported no signs of a slowdown in demand for AI and high-performance-computing chips. Full-year 2026 revenue growth is expected to be approximately 44%, while annual 2-nanometer capacity is projected to more than double in 2027. Three key takeaways for long-term investors Positive Sentiment: Analysts remain bullish. DA Davidson reaffirmed its Buy rating with a $500 target, while Needham raised its target to $560. Articles also highlight TSMC’s manufacturing scale and competitive moat as potential benefits from continued AI infrastructure investment. TSMC long-term investment outlook Neutral Sentiment: Capacity expansion is both an opportunity and a concern. TSMC is considering additional U.S. expansion, including potential involvement in Elon Musk’s proposed Texas “Terafab,” while Taiwan is planning Texas industrial parks for Nvidia suppliers. These projects could improve customer access and supply-chain resilience but increase execution and investment requirements. TSMC talks with Elon Musk’s Terafab Negative Sentiment: Large capital expenditures are weighing on sentiment. TSMC’s roughly $64 billion spending plan has prompted questions about returns, potential overcapacity and whether AI demand can justify the industry’s investment pace. Investors also remain concerned about AI companies’ debt financing and profitability. Why TSMC’s spending plan concerns investors Negative Sentiment: Sector-wide risk aversion is overpowering the earnings beat. Chip stocks are selling off amid inflation, higher interest rates, concerns about AI financing and questions about whether the AI boom has already been priced into valuations. Commentary also notes that TSMC’s strong results may have raised expectations too high. Chip stocks tumble on AI investment worries Insider Activity at Taiwan Semiconductor Manufacturing In other Taiwan Semiconductor Manufacturing news, VP Shyue-Shyh Lin bought 1,000 shares of the stock in a transaction that occurred on Tuesday, July 21st. The shares were purchased at an average cost of $74.13 per share, for a total transaction of $74,130.00. Following the transaction, the vice president directly owned 30,269 shares in the company, valued at $2,243,840.97. The trade was a 3.42% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Lipen Yuan bought 350 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was purchased at an average price of $73.58 per share, with a total value of $25,753.00. Following the completion of the transaction, the vice president directly owned 2,000 shares of the company’s stock, valued at $147,160. This trade represents a 21.21% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought a total of 16,043 shares of company stock worth $1,185,746 in the last ninety days. 1.11% of the stock is owned by insiders.
Taiwan Semiconductor Manufacturing Stock Performance Shares of NYSE:TSM opened at $413.15 on Friday. The business has a 50-day moving average of $434.71 and a two-hundred day moving average of $417.11. The firm has a market capitalization of $2.14 trillion, a PE ratio of 26.59, a P/E/G ratio of 0.87 and a beta of 1.37. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.46 and a quick ratio of 2.25. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $266.82 and a 12 month high of $487.47.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last issued its quarterly earnings data on Tuesday, September 8th. The semiconductor company reported $4.62 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%. The company had revenue of $46.87 billion during the quarter. As a group, research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.65 earnings per share for the current year.
Taiwan Semiconductor Manufacturing Cuts Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be issued a $1.0854 dividend. This is a drop from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $4.34 dividend on an annualized basis and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 24.96%.
(Free Report)
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world’s largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang, the company pioneered the pure-play foundry model, producing chips designed by other companies rather than selling products under its own semiconductor brand.
TSMC manufactures a broad range of integrated circuits, including advanced logic chips used in high-performance computing, smartphones, automotive systems, communications equipment, and consumer electronics.
Featured Stories Five stocks we like better than Taiwan Semiconductor Manufacturing Bank of America Stock Sell-Off Looks Like a Buying Opportunity AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff? GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out? Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report).
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Annex Advisory Services LLC reduced its holdings in Morgan Stanley (NYSE:MS – Free Report) by 1.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 329,367 shares of the financial services provider’s stock after selling 6,373 shares during the quarter. Morgan Stanley accounts for about 1.0% of Annex Advisory Services LLC’s investment portfolio, making the stock its 27th largest holding. Annex Advisory Services LLC’s holdings in Morgan Stanley were worth $61,947,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Marquette Asset Management LLC raised its holdings in shares of Morgan Stanley by 143.4% during the second quarter. Marquette Asset Management LLC now owns 129 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 76 shares during the period. Atlatl Advisers LLC acquired a new position in Morgan Stanley in the 2nd quarter worth $28,000. Hughes Financial Services LLC increased its holdings in Morgan Stanley by 55.7% during the 2nd quarter. Hughes Financial Services LLC now owns 137 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 49 shares in the last quarter. Purpose Unlimited Inc. acquired a new stake in shares of Morgan Stanley in the 4th quarter valued at about $25,000. Finally, Security National Bank of SO Dak acquired a new stake in shares of Morgan Stanley in the 2nd quarter valued at about $31,000. Institutional investors and hedge funds own 84.19% of the company’s stock.
Morgan Stanley Price Performance
NYSE:MS opened at $180.73 on Friday. Morgan Stanley has a 1-year low of $152.80 and a 1-year high of $232.25. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. The firm has a fifty day simple moving average of $204.40 and a 200 day simple moving average of $203.48. The stock has a market capitalization of $285.07 billion, a PE ratio of 14.45, a P/E/G ratio of 1.21 and a beta of 1.22.
Morgan Stanley (NYSE:MS – Get Free Report) last announced its quarterly earnings results on Wednesday, October 14th. The financial services provider reported $3.03 EPS for the quarter, beating analysts’ consensus estimates of $2.93 by $0.10. Morgan Stanley had a net margin of 15.63% and a return on equity of 19.40%. The firm had revenue of $20.34 billion during the quarter, compared to analysts’ expectations of $19.93 billion. During the same quarter last year, the company posted $2.80 earnings per share. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. On average, research analysts expect that Morgan Stanley will post 12.64 EPS for the current fiscal year.
Morgan Stanley Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be paid a $1.15 dividend. This represents a $4.60 annualized dividend and a yield of 2.5%. The ex-dividend date is Friday, October 30th. Morgan Stanley’s dividend payout ratio (DPR) is 37.19%.
Morgan Stanley announced that its board has initiated a stock repurchase plan on Wednesday, June 24th that allows the company to buy back $20.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to purchase up to 5.6% of its shares through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.
Morgan Stanley News Summary
Here are the key news stories impacting Morgan Stanley this week:
Positive Sentiment: Record wealth-management results, including approximately $9.1 billion in revenue, strong net new assets and $10.5 trillion in wealth assets, reinforced Morgan Stanley’s long-term growth strategy. Morgan Stanley Q3 profit hits $4.9bn on wealth gains and IPO inflows
Positive Sentiment: Equities trading revenue surged 41% year over year, helping drive the earnings and revenue outperformance. Management also highlighted opportunities from AI financing and disciplined capital allocation. Morgan Stanley Q3 Earnings Call Highlights Wealth and AI Strategy
Positive Sentiment: Morgan Stanley declared a quarterly dividend of $1.15 per share, equivalent to $4.60 annually and a stated yield of about 2.5%, providing ongoing shareholder support.
Neutral Sentiment: Analyst sentiment remains mixed: JPMorgan raised its target to $198 while maintaining a Neutral rating, but Citigroup, TD Cowen and KBW lowered their targets to $190, $205 and $230, respectively. Morgan Stanley Analysts Cut Their Forecasts After Q3 Results
Negative Sentiment: Investors appeared concerned that growth was concentrated in equities and trading, while profitability metrics and the business mix were less compelling. The strong beat therefore did not translate into higher valuation expectations. Morgan Stanley Beats on Earnings, But Shares Fall on Trading Mix
Analyst Upgrades and Downgrades
MS has been the topic of a number of research reports. Royal Bank Of Canada cut their price target on Morgan Stanley from $243.00 to $195.00 and set a “sector perform” rating on the stock in a report on Thursday. UBS Group decreased their price objective on Morgan Stanley from $260.00 to $236.00 and set a “buy” rating for the company in a report on Monday, October 5th. Oppenheimer downgraded Morgan Stanley from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Erste Group Bank lowered Morgan Stanley from a “buy” rating to a “hold” rating in a research report on Thursday, October 8th. Finally, Citigroup cut their target price on Morgan Stanley from $210.00 to $190.00 and set a “neutral” rating on the stock in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $214.86.
Check Out Our Latest Research Report on MS
About Morgan Stanley
(Free Report)
Morgan Stanley is a global financial services firm serving corporations, governments, financial institutions, individuals and other investors. The company provides investment banking and advisory services, including mergers and acquisitions advice, equity and debt underwriting, securities sales and trading, and corporate lending.
Through its Wealth Management business, Morgan Stanley offers financial planning, brokerage, investment advisory and banking services to individual investors, businesses and institutions.
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Společnost Prologis dosáhla ve třetím čtvrtletí jádrového FFO ve výši 1,60 USD na akcii a zvýšila celoroční výhled růstu srovnatelného NOI na 5,5–6,0 %.
Prologis (NYSE:PLD) reported third-quarter core funds from operations of $1.60 per share, or $1.61 excluding net promote expense, as the logistics real estate company cited rising occupancy, strong leasing activity and continued demand from e-commerce, advanced manufacturing and data center-related customers.
Chief Executive Officer Dan Letter said the company signed 60 million square feet of leases during the quarter and replenished its pipeline. Prologis also remained active in capital deployment and recycling and is on track for $15 billion of activity for the year, he said.
“Operating fundamentals are healthy, and we remain constructive on the outlook,” Letter said. He added that higher construction costs, financing costs and return requirements are making new development more difficult to justify at current rents, potentially creating a more favorable supply environment. Occupancy, Rent Growth and Embedded NOI Prologis ended the quarter with 95.6% occupancy, up 10 basis points from the second quarter. Average occupancy was 95.1%, also an increase of 10 basis points.
Rent change on rollover was 38% on a net-effective basis, contributing $85 million of incremental net operating income. On a cash basis, rent change was 23%. The company’s lease mark-to-market stood at 16%, representing about $780 million of embedded NOI at spot rents, according to Chief Financial Officer Tim Arndt.
Same-store NOI increased 5.7% on a net-effective basis and 5.9% on a cash basis. Arndt said the embedded mark-to-market figure does not include additional potential upside from inflation and elevated replacement-cost rents over coming years.
Management said rents required to justify new construction are now 27% above current market levels. Managing Director Chris Caton said the setup supports above-inflation rent growth over time, while noting it was too early to provide a 2027 market forecast.
U.S. net absorption totaled 63 million square feet in the third quarter, which the company said was consistent with a normalized annual range of 230 million to 240 million square feet. Market vacancy declined 10 basis points to 7.1%, while market rents increased 50 basis points for a third consecutive quarter of positive growth.
Caton identified Dallas, Houston, Atlanta, Phoenix, Indianapolis and Northern California among markets projected to record 5% to 6% rent growth this year. Internationally, he said Brazil showed the strongest global momentum, while the Netherlands had the best rent dynamics in Europe.
Development, Acquisitions and Capital Markets Prologis started $1 billion of development during the quarter, bringing year-to-date starts to nearly $5 billion. The company said it owns or controls sites supporting the next $40 billion of logistics development.
The company acquired $950 million of real estate in the quarter at an estimated 20% discount to replacement cost and disposed of $310 million of properties. The year-to-date spread between acquisition and disposition internal rates of return was 150 basis points, Arndt said.
Letter said Prologis evaluates deployment based on total return and believes its balance sheet and access to both private-vehicle and corporate capital provide flexibility that some competitors lack. Arndt noted that a significant portion of quarterly acquisition activity came from one transaction with a high lease mark-to-market.
Management acknowledged that a recent increase in Treasury yields has widened the bid-ask spread in transaction markets. Arndt said the company expects transaction volumes to moderate as buyers and sellers recalibrate, while its reduced contribution and disposition guidance also reflects caution over potential pricing turbulence and the timing of certain transactions moving into the new year.
Prologis raised $2.4 billion of common equity during the quarter and completed about $1.3 billion of debt financing at an average rate just below 4%. Approximately 95% of its debt is fixed rate, with an average remaining life of roughly eight years. Liquidity totaled nearly $9 billion at quarter-end.
Data Centers and SEGRO Transaction Management highlighted data centers as a major growth opportunity. Prologis’ data center pipeline totals 5.8 gigawatts, including 1.7 gigawatts of secured power and 4.1 gigawatts in advanced stages. Letters of intent cover about 1 gigawatt, much of which the company expects to start in 2027.
Letter said the company had already started more than $2 billion of data center projects this year and characterized the business as lumpy because of the size and complexity of hyperscaler decisions. He said the reported pipeline has not been affected by data center moratoriums and that 85% of the 5.8-gigawatt pipeline could start by 2030.
Data center supply-chain customers represented about 10% of Prologis’ global new leasing and 17% of U.S. new leasing during the quarter. The company estimates those customers could require more than 150 million square feet through the end of the decade for data center construction and ongoing service needs.
Prologis also said SEGRO shareholders approved the planned combination on Sept. 28. The transaction is proceeding through regulatory clearances and is still expected to close in the first half of 2027. Following completion, Prologis expects to have a 363 million-square-foot operating portfolio in Europe. Arndt said the company does not expect its initial 2027 guidance to include specific SEGRO impacts because the closing date remains uncertain.
Updated Outlook For the full year, Prologis narrowed its average occupancy outlook to 95.25% to 95.5%. It raised its same-store NOI growth forecast to 5.5% to 6% on a net-effective basis and 7% to 7.5% on a cash basis.
Development starts are now expected to total $6 billion to $6.75 billion on an owned and managed basis. Acquisition guidance increased to $2.1 billion to $2.3 billion. Contributions and dispositions are projected at $3.5 billion to $4.75 billion. Strategic capital revenue, excluding promotes, is forecast at $650 million to $660 million. Net earnings are expected to range from $4.05 to $4.15 per share. Core FFO is expected to range from $6.25 to $6.29 per share, both with and without promotes. Letter said the increased development-start outlook is largely tied to an expected high volume of fourth-quarter build-to-suit activity. Build-to-suit projects are expected to account for 55% to 65% of annual starts.
About Prologis (NYSE:PLD) Prologis, Inc (NYSE: PLD) is a global logistics real estate company that owns, develops, acquires and manages distribution facilities, warehouses and other properties used throughout the supply chain. Its portfolio serves manufacturers, retailers, transportation providers and third-party logistics companies.
The company provides logistics real estate and related services in key markets across North America, Europe, Asia and Latin America. Its properties are generally located near major population centers, transportation hubs, ports and trade corridors, supporting e-commerce, industrial and distribution operations.
Prologis traces its roots to 1983 and was created in its current form through the 1999 merger of ProLogis and Security Capital Industrial Trust.
Banque Pictet & Cie SA grew its stake in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 93.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 130,039 shares of the semiconductor company’s stock after purchasing an additional 62,695 shares during the period. Banque Pictet & Cie SA’s holdings in Lam Research were worth $42,719,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. State Street Corp grew its stake in Lam Research by 2.6% in the second quarter. State Street Corp now owns 60,704,130 shares of the semiconductor company’s stock worth $26,320,468,000 after purchasing an additional 1,545,830 shares in the last quarter. Bank of America Corp DE raised its position in Lam Research by 5.5% during the 2nd quarter. Bank of America Corp DE now owns 11,244,147 shares of the semiconductor company’s stock valued at $4,872,426,000 after purchasing an additional 584,489 shares in the last quarter. Van ECK Associates Corp lifted its holdings in shares of Lam Research by 411.8% in the 2nd quarter. Van ECK Associates Corp now owns 11,089,395 shares of the semiconductor company’s stock worth $4,805,368,000 after buying an additional 8,922,854 shares during the period. Invesco Ltd. lifted its holdings in shares of Lam Research by 7.7% in the 4th quarter. Invesco Ltd. now owns 22,821,354 shares of the semiconductor company’s stock worth $3,906,559,000 after buying an additional 1,638,406 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in shares of Lam Research during the 2nd quarter worth $3,777,585,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.
Insider Buying and Selling at Lam Research In related news, Director Bethany Mayer sold 9,557 shares of the company’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total value of $3,007,970.18. Following the completion of the sale, the director owned 20,995 shares of the company’s stock, valued at approximately $6,607,966.30. This represents a 31.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Ava Harter sold 5,000 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the completion of the sale, the insider directly owned 42,462 shares of the company’s stock, valued at approximately $12,843,056.52. This trade represents a 10.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.31% of the company’s stock.
Wall Street Analysts Forecast Growth LRCX has been the topic of several recent research reports. Bank of America increased their target price on shares of Lam Research from $330.00 to $480.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. B. Riley Financial boosted their price target on shares of Lam Research from $350.00 to $390.00 and gave the company a “buy” rating in a report on Thursday, October 1st. Cantor Fitzgerald set a $500.00 price target on shares of Lam Research and gave the stock an “overweight” rating in a research report on Monday, June 29th. Berenberg Bank set a $420.00 price target on shares of Lam Research in a research report on Wednesday, September 9th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $385.00 price objective (up from $367.00) on shares of Lam Research in a research note on Monday, October 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $364.59. Check Out Our Latest Stock Analysis on LRCX
Lam Research Stock Performance LRCX opened at $263.94 on Friday. Lam Research Corporation has a 52-week low of $135.50 and a 52-week high of $438.50. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30. The company has a market cap of $330.30 billion, a P/E ratio of 45.82, a price-to-earnings-growth ratio of 1.10 and a beta of 1.85. The firm’s 50-day moving average price is $309.03 and its 200-day moving average price is $308.04.
Lam Research (NASDAQ:LRCX – Get Free Report) last issued its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.13. The company had revenue of $6.72 billion during the quarter, compared to analyst estimates of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%. The firm’s quarterly revenue was up 30.0% on a year-over-year basis. During the same quarter last year, the business posted $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, equities analysts anticipate that Lam Research Corporation will post 9.34 EPS for the current fiscal year.
Lam Research Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd were issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Wednesday, September 23rd. This is an increase from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s payout ratio is 22.92%.
More Lam Research News Here are the key news stories impacting Lam Research this week:
Positive Sentiment: Lam Research is integrating NVIDIA’s NanoVDB open-source library into its SEMulator3D modeling platform. GPU-accelerated wafer-etch simulations could improve chip-design and manufacturing efficiency, supporting the company’s longer-term role in AI-driven semiconductor fabs. Lam Research Ties AI Fab Push to Faster SEMulator3D Modeling Positive Sentiment: Analysts continue to see substantial upside, with Benzinga’s 22-analyst average target near $346 and a separate consensus implying roughly 25.6% potential appreciation. Recent earnings-estimate revisions could provide support if Lam delivers a strong quarterly report. Lam Research Stock Hits Longest Losing Streak Ever Wall Street Analysts See Upside in Lam Research Neutral Sentiment: Analysts are previewing the quarter ended September 2026, focusing on operating metrics beyond headline revenue and earnings estimates. The report could produce a significant re-rating depending on guidance and demand commentary. Lam Research Q1 Earnings Preview Neutral Sentiment: Options markets are pricing a potentially large post-earnings move—about $28.6 billion in implied market capitalization swing—signaling elevated volatility rather than a clear directional view. Lam Research Could Swing After Earnings Negative Sentiment: Hotter-than-expected inflation has renewed fears that higher interest rates could restrain AI infrastructure spending, weighing broadly on semiconductor and equipment stocks, including Lam Research. Semiconductor Stocks Trade Down on Inflation Concerns Negative Sentiment: Lam Research was on track for its ninth consecutive decline, its longest losing streak since 1984. The persistent technical weakness may be encouraging selling despite analysts’ bullish price targets. Lam Research Dips More Than the Broader Market About Lam Research (Free Report)
Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.
The company’s portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.
Further Reading Five stocks we like better than Lam Research Bank of America Stock Sell-Off Looks Like a Buying Opportunity AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff? GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out? Want to see what other hedge funds are holding LRCX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lam Research Corporation (NASDAQ:LRCX – Free Report).
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Banque Pictet & Cie SA ve třetím čtvrtletí snížila svůj podíl ve společnosti Workday o 8,9 % prodejem 18 064 akcií; na konci období držela 184 310 akcií v hodnotě 35,104 milionu USD.
Banque Pictet & Cie SA decreased its holdings in Workday, Inc. (NASDAQ:WDAY – Free Report) by 8.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 184,310 shares of the software maker’s stock after selling 18,064 shares during the quarter. Banque Pictet & Cie SA owned 0.08% of Workday worth $35,104,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Lakehouse Capital Pty Ltd increased its holdings in Workday by 77.9% in the third quarter. Lakehouse Capital Pty Ltd now owns 43,773 shares of the software maker’s stock valued at $8,337,000 after purchasing an additional 19,174 shares during the period. Plato Investment Management Ltd bought a new position in Workday during the 2nd quarter worth $1,115,000. S&CO Inc. acquired a new position in Workday during the 2nd quarter worth about $2,284,000. Sapient Capital LLC acquired a new position in Workday during the 2nd quarter worth about $13,045,000. Finally, Fluent Financial LLC bought a new stake in shares of Workday in the 2nd quarter valued at about $2,249,000. Institutional investors own 89.81% of the company’s stock.
Workday Stock Performance NASDAQ:WDAY opened at $190.81 on Friday. The company has a market capitalization of $45.99 billion, a price-to-earnings ratio of 38.70, a PEG ratio of 1.97 and a beta of 1.07. The business has a 50 day moving average of $191.78 and a 200 day moving average of $153.66. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91. Workday, Inc. has a 1-year low of $110.36 and a 1-year high of $247.40.
Workday (NASDAQ:WDAY – Get Free Report) last posted its quarterly earnings results on Thursday, August 27th. The software maker reported $2.75 EPS for the quarter, beating analysts’ consensus estimates of $2.61 by $0.14. Workday had a net margin of 12.32% and a return on equity of 20.95%. The company had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same period in the prior year, the business posted $2.21 EPS. The firm’s revenue was up 12.8% compared to the same quarter last year. On average, sell-side analysts predict that Workday, Inc. will post 5.33 earnings per share for the current fiscal year. Insiders Place Their Bets In other news, CAO Mark Garfield sold 918 shares of the company’s stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $189.45, for a total transaction of $173,915.10. Following the sale, the chief accounting officer directly owned 69,309 shares of the company’s stock, valued at $13,130,590.05. This represents a 1.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Gerrit Kazmaier sold 2,729 shares of the business’s stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $187.28, for a total value of $511,087.12. Following the transaction, the insider directly owned 251,314 shares in the company, valued at approximately $47,066,085.92. This represents a 1.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 988,104 shares of company stock worth $188,811,574 in the last three months. 18.64% of the stock is owned by company insiders.
Wall Street Analyst Weigh In WDAY has been the topic of a number of research reports. The Goldman Sachs Group increased their target price on shares of Workday from $151.00 to $164.00 and gave the stock a “neutral” rating in a research note on Monday, August 31st. UBS Group set a $175.00 price target on shares of Workday in a research note on Thursday. Wall Street Zen upgraded shares of Workday from a “hold” rating to a “buy” rating in a report on Saturday, September 5th. Capital One Financial set a $219.00 price target on Workday and gave the stock an “equal weight” rating in a research note on Friday, August 28th. Finally, Lake Street Capital set a $205.00 price target on Workday in a report on Friday, August 14th. Nineteen investment analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $205.03.
Read Our Latest Stock Analysis on Workday
Key Headlines Impacting Workday Here are the key news stories impacting Workday this week:
Positive Sentiment: Workday’s agentic-AI strategy remains a potential long-term growth driver. BTIG said the company’s investor-day presentation showed progress with Sana, Decision Intelligence and other AI products that could support customer adoption and future monetization. BTIG Workday AI analysis Positive Sentiment: Workday’s agreement to acquire C1.ai could strengthen identity, security and governance capabilities for employees and AI agents, although financial terms and the earnings impact were not disclosed. Workday C1.ai acquisition coverage Neutral Sentiment: BTIG maintained a Hold rating, saying AI monetization is still at an early stage and the stock’s valuation appears broadly fair. BTIG Hold rating Negative Sentiment: Stifel raised its price target to $175 but kept a Hold rating, leaving the target below the recent trading level and reinforcing valuation concerns. Stifel price target update Negative Sentiment: Multiple cautious analyst notes are offsetting the bullish AI narrative. Investors are questioning whether slowing growth and tighter HR spending will delay returns on Workday’s AI investments, while insider sales—including a Rule 10b5-1 sale of 918 shares by Chief Accounting Officer Mark Garfield—add modestly negative sentiment. Workday insider sale Workday Company Profile (Free Report)
Workday, Inc develops cloud-based enterprise software for managing an organization’s people, finances and operations. Its platform is primarily used by businesses, government agencies and educational institutions to support human resources, finance, planning, analytics and related administrative processes.
The company’s offerings include Workday Human Capital Management, Financial Management, Adaptive Planning, Spend Management, payroll, recruiting, talent management, learning and workforce analytics.
Recommended Stories Five stocks we like better than Workday Bank of America Stock Sell-Off Looks Like a Buying Opportunity AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff? GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
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Baugh & Associates LLC ve třetím čtvrtletí koupila 118 786 akcií společnosti Ameriprise Financial za zhruba 58,484 milionu USD; akcie AMP nyní tvoří 20 % jejího portfolia.
Baugh & Associates LLC purchased a new position in shares of Ameriprise Financial, Inc. (NYSE:AMP – Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 118,786 shares of the financial services provider’s stock, valued at approximately $58,484,000. Ameriprise Financial makes up about 20.0% of Baugh & Associates LLC’s holdings, making the stock its biggest holding. Baugh & Associates LLC owned approximately 0.13% of Ameriprise Financial at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp grew its holdings in shares of Ameriprise Financial by 1,279.7% during the 2nd quarter. State Street Corp now owns 63,365,362 shares of the financial services provider’s stock worth $29,069,493,000 after purchasing an additional 58,772,775 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Ameriprise Financial by 960.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,352,117 shares of the financial services provider’s stock valued at $1,537,817,000 after purchasing an additional 3,036,128 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Ameriprise Financial by 980.8% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,069,740 shares of the financial services provider’s stock valued at $1,019,036,000 after acquiring an additional 1,878,244 shares during the last quarter. Artemis Investment Management LLP bought a new stake in shares of Ameriprise Financial in the 3rd quarter valued at approximately $925,211,000. Finally, Douglas Lane & Associates LLC acquired a new stake in shares of Ameriprise Financial during the 3rd quarter valued at approximately $575,767,000. Institutional investors and hedge funds own 83.95% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on AMP shares. Bank of America restated a “buy” rating and set a $570.00 price objective (down from $616.00) on shares of Ameriprise Financial in a research note on Monday, October 5th. Morgan Stanley dropped their price objective on shares of Ameriprise Financial from $489.00 to $483.00 and set an “underweight” rating on the stock in a research note on Friday, October 9th. Weiss Ratings raised Ameriprise Financial from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, September 3rd. BMO Capital Markets dropped their price objective on shares of Ameriprise Financial from $560.00 to $520.00 and set a “market perform” rating on the stock in a report on Tuesday, October 6th. Finally, Royal Bank Of Canada upped their target price on shares of Ameriprise Financial from $560.00 to $595.00 in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $572.55.
View Our Latest Analysis on AMP
Ameriprise Financial Stock Down 0.3%
AMP stock opened at $500.91 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.71 and a quick ratio of 0.71. The firm has a market capitalization of $45.03 billion, a P/E ratio of 12.08, a P/E/G ratio of 1.03 and a beta of 1.16. Ameriprise Financial, Inc. has a 52-week low of $422.37 and a 52-week high of $572.56. The company’s 50 day simple moving average is $533.72 and its 200-day simple moving average is $497.36.
Ameriprise Financial (NYSE:AMP – Get Free Report) last announced its earnings results on Thursday, July 23rd. The financial services provider reported $11.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.81 by $0.26. The company had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.87 billion. Ameriprise Financial had a net margin of 20.24% and a return on equity of 64.19%. The company’s revenue was up 11.6% on a year-over-year basis. During the same period in the previous year, the business earned $9.11 EPS. As a group, equities research analysts anticipate that Ameriprise Financial, Inc. will post 46.14 EPS for the current year.
Ameriprise Financial Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, August 21st. Shareholders of record on Monday, August 3rd were paid a dividend of $1.70 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $6.80 dividend on an annualized basis and a dividend yield of 1.4%. Ameriprise Financial’s dividend payout ratio (DPR) is 16.40%.
Ameriprise Financial declared that its board has authorized a share repurchase plan on Tuesday, September 29th that allows the company to buy back $5.50 billion in outstanding shares. This buyback authorization allows the financial services provider to purchase up to 12.3% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its shares are undervalued.
Insider Activity at Ameriprise Financial
In other news, EVP Deirdre Mcgraw sold 2,400 shares of the business’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $558.28, for a total transaction of $1,339,872.00. Following the transaction, the executive vice president directly owned 3,373 shares in the company, valued at $1,883,078.44. The trade was a 41.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Dawn Brockman sold 472 shares of the company’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $558.93, for a total transaction of $263,814.96. Following the completion of the transaction, the senior vice president directly owned 713 shares in the company, valued at $398,517.09. This trade represents a 39.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 29,988 shares of company stock valued at $16,316,497. Insiders own 0.60% of the company’s stock.
Ameriprise Financial Company Profile
(Free Report)
Ameriprise Financial, Inc is a diversified financial services company headquartered in Minneapolis, Minnesota. The company provides financial planning, investment advice, wealth management, retirement planning and insurance solutions to individuals, families, business owners and institutional clients.
Ameriprise serves clients primarily through a network of financial advisors and offers products and services that include brokerage and advisory accounts, mutual funds and other investments, retirement accounts, annuities, life and long-term-care insurance, banking products and personalized financial planning.
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Want to see what other hedge funds are holding AMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ameriprise Financial, Inc. (NYSE:AMP – Free Report).
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Akcie společnosti Vistra během jediného dne vyskočily o 11 % poté, co DOE podmíněně schválilo úvěr až 4,2 miliardy USD na modernizaci tří jaderných elektráren.
One announcement from the U.S. Department of Energy (DOE) was enough to send Vistra (VST -1.40%) shares soaring 11% in a single day. With artificial intelligence driving demand for reliable electricity, it looks like a catalyst that could keep the momentum going. But before rushing to buy, there's something important to know about the investment case.
Image source: Getty Images.
Vistra's nuclear opportunity just got a major boost
On Oct. 5, 2026, the DOE announced a conditional loan commitment of up to $4.2 billion to help modernize three of the company's nuclear power plants in Ohio and Pennsylvania.
Rather than build an entirely new fleet, the funding is intended to help Vistra increase the electricity output of its existing reactors. The projects are expected to add 433 megawatts of nuclear capacity, meaning more electricity from plants that Vistra already runs. They would also extend the plants' operating lives by another 20 years.
That matters because electricity demand continues to accelerate as data centers and industrial facilities require more power. On top of that, nuclear energy is particularly attractive for these customers because it can deliver electricity around the clock.
Vistra already owns an established fleet of power generation assets and serves retail customers. That combination gives it an opportunity to benefit from rising power demand without relying too much on new construction.
It's a promising setup, but investors still need to see evidence that the business is performing well.
Is Vistra stock worth buying after this big jump?
Vistra's second-quarter 2026 results offered some encouragement. Specifically, Ongoing Operations Adjusted EBITDA, a measure of operating performance, rose more than 30% year over year to around $1.8 billion. Management said the improvement mainly came from higher energy and capacity prices, as well as contributions from acquired power plants.
Together, these results suggest that Vistra isn't a speculative company. It already operates a large electricity business, and it has opportunities to expand earnings as demand grows and capacity upgrades take effect.
VST Vistra$152.02-$2.15 (-1.40%)
NYSE · As of 4:00 PM ET 10/16/26
The economic benefit comes from what Vistra actually does with the money. If the upgrades deliver additional electricity, extend plant operating lives, and generate attractive returns, the financing could help Vistra expand its nuclear business. In turn, that could mean more electricity output and further revenue growth if the company secures the loan.
Analysts seem to agree. A consensus among 18 of them rates Vistra a Strong Buy. Their target prices, meanwhile, suggest between 11% and 68% of potential upside over the next 12 months.
The stock also trades at a price-to-earnings (P/E) ratio of about 26, which means shares cost about $26 for every $1 of Vistra's earnings. That's not exactly cheap for a utility business, but buyers may be willing to pay a premium if they believe rising electricity demand and a growing nuclear business will drive earnings higher.
That said, while the stock jumped on the news, there is a bit of fine print investors need to be aware of.
The $4.2 billion loan commitment comes with a catch
There's a detail investors shouldn't overlook: The DOE commitment is financing, not a government grant. Vistra must still meet the technical, legal, environmental, and financial requirements before it can secure that financing. Beyond that, the company needs to repay the loan at some point.
Sure, getting access to that additional capital would go a long way, but the company still faces execution risks. For example, if the projects run into delays or cost more than expected, the payoff could take longer to arrive.
And while long-term contracts and government financing strengthen the investment case, neither guarantees results.
But Vistra does have a lot going for it, from rising AI-driven electricity demand to long-term nuclear power deals and a potential $4.2 billion DOE loan.
If the company can put that financing to good use and successfully expand the business, investors could find plenty of room for earnings growth in the coming years.
Annex Advisory Services LLC acquired a new stake in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 196,274 shares of the semiconductor company’s stock, valued at approximately $51,857,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Capital Wealth Advisors acquired a new position in Marvell Technology during the third quarter worth $3,866,000. TB Alternative Assets Ltd. purchased a new stake in Marvell Technology during the third quarter worth about $30,685,000. Farrell Financial LLC purchased a new stake in Marvell Technology during the third quarter worth about $264,000. Cornerstone Enterprises LLC acquired a new stake in shares of Marvell Technology during the third quarter worth about $1,638,000. Finally, Paragon Capital Management Inc. acquired a new stake in shares of Marvell Technology during the third quarter worth about $3,115,000. 83.51% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Marvell Technology
In related news, insider Sandeep Bharathi sold 3,685 shares of the company’s stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $234.97, for a total value of $865,864.45. Following the completion of the sale, the insider directly owned 58,748 shares of the company’s stock, valued at $13,804,017.56. This represents a 5.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Matthew Murphy sold 7,500 shares of the company’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $235.47, for a total value of $1,766,025.00. Following the completion of the sale, the chief executive officer directly owned 768,186 shares of the company’s stock, valued at approximately $180,884,757.42. This trade represents a 0.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 57,285 shares of company stock valued at $12,837,063 over the last quarter. Company insiders own 0.12% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on MRVL. Morgan Stanley raised their price objective on shares of Marvell Technology from $268.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 7th. Barclays reaffirmed an “overweight” rating on shares of Marvell Technology in a research note on Thursday, August 20th. Royal Bank Of Canada increased their target price on shares of Marvell Technology from $360.00 to $425.00 and gave the stock an “outperform” rating in a report on Wednesday, October 7th. Weiss Ratings upgraded shares of Marvell Technology from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, October 2nd. Finally, DA Davidson set a $225.00 price target on shares of Marvell Technology in a research report on Tuesday, August 18th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Marvell Technology currently has a consensus rating of “Moderate Buy” and an average target price of $327.36.
View Our Latest Stock Report on Marvell Technology
More Marvell Technology News
Here are the key news stories impacting Marvell Technology this week:
Positive Sentiment: Marvell’s recent Investor Day highlighted strong expected demand for custom AI chips, data-center infrastructure and networking silicon. The company raised its long-term sales outlook, supporting the view that it could deliver substantial revenue and earnings growth. Long-term Marvell growth outlook
Positive Sentiment: Erste Group Bank reportedly increased its earnings-per-share forecast for Marvell, while other analysts remain optimistic about the company’s growth potential in AI and data-center markets. Marvell EPS forecast increase
Neutral Sentiment: CEO Matthew Murphy sold 7,500 shares, and insider Sandeep Bharathi sold 3,685 shares. Both transactions were conducted under pre-arranged Rule 10b5-1 plans to cover tax withholding tied to vested equity awards, reducing their significance as signals about the company’s outlook. Marvell CEO SEC filing Marvell insider SEC filing
Negative Sentiment: Broadcom CEO Hock Tan’s warning about the amount of capital required to fund AI infrastructure is weighing on custom AI-chip companies, including Marvell. Investors fear that hyperscalers may become more selective with spending or demand better returns, particularly after Marvell’s substantial rally. Broadcom AI funding warning
Negative Sentiment: Hotter U.S. inflation data and rising interest-rate expectations have triggered a broader technology and semiconductor sell-off. High-growth stocks such as Marvell are particularly vulnerable because their valuation depends heavily on future AI-driven earnings. Marvell market pressure
Marvell Technology Price Performance
MRVL stock opened at $227.83 on Friday. The business has a 50 day moving average price of $241.14 and a 200 day moving average price of $216.11. The stock has a market cap of $199.78 billion, a price-to-earnings ratio of 75.19, a PEG ratio of 7.19 and a beta of 2.26. Marvell Technology, Inc. has a fifty-two week low of $70.68 and a fifty-two week high of $329.88. The company has a quick ratio of 2.62, a current ratio of 3.17 and a debt-to-equity ratio of 0.27.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.93 by $0.01. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.72 billion. During the same period in the prior year, the firm posted $0.67 earnings per share. The firm’s revenue was up 36.5% on a year-over-year basis. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Equities research analysts anticipate that Marvell Technology, Inc. will post 3.05 earnings per share for the current fiscal year.
Marvell Technology Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Friday, October 9th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, October 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology’s payout ratio is 7.92%.
Marvell Technology Profile
(Free Report)
Marvell Technology, Inc (NASDAQ: MRVL) is a fabless semiconductor company that develops technologies for data infrastructure. Its products are used to move, process, store and secure data across cloud data centers, enterprise networks, telecommunications systems, automotive platforms and other communications applications.
The company’s portfolio includes custom application-specific integrated circuits, data processing and networking solutions, Ethernet products, storage controllers, optical and electro-optical components, and connectivity technologies.
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CoreWeave's three co-founders have cashed out billions since the IPO while telling analysts their conviction in the company has never been stronger, and now the stock sits near its lowest point ever with a critical earnings report weeks away.
The three co-founders of CoreWeave (NASDAQ:CRWV) have sold $3.3 billion of stock since the March 28, 2025 IPO, and $2.4 billion of it came in 2026. The total, drawn from SEC filings, came out on October 16, 2026. That day CoreWeave fell 11.91% to $61.39 in an AI infrastructure selloff, closing near its 52-week low of $59.51.
The sellers are CEO Michael Intrator, Chief Strategy Officer Brian Venturo, and Chief Development Officer Brannin McBee. A company spokesperson called the sales “pre-scheduled, fully disclosed, and entirely standard.”
CoreWeave said the founders still own about 20% combined, and that CoreWeave ranks among its top six shareholders. That stake is large, but the selling has sped up while the stock is down 56.69% over the past year.
Who Sold and How Fast the Selling Accelerated Venturo has sold more than $1.2 billion, including $734 million in the second quarter of 2026. That made him the second-largest insider seller at any US company in that quarter.
McBee has sold $1.06 billion, or 40.4% of his undiluted IPO holding. Intrator has sold more than $907 million since January 1, 2026, compared with less than $70 million in all of 2025.
The founders also sold $488 million of stock privately in 2023 and 2024, before the listing. Every total here is gross proceeds before taxes.
Why Pre-Scheduled Sales Still Matter to Shareholders A Rule 10b5-1 plan is a written schedule an insider sets up in advance, specifying when and how much stock to sell. Because the trades then go through without any new decision, the plan undermines the idea that a given sale was based on inside knowledge.
Regular founder selling still adds more shares to a market already short on buyers. It also shows the founders choosing to diversify, even though Intrator told analysts on August 11, 2026, that “our conviction in our strategy has never been stronger.” The stake they still hold keeps much of their wealth linked to the stock, so their interests stay in line with yours.
How Far CoreWeave Has Fallen Since October 9 CoreWeave dropped 15.46% on October 14 after a measure of its credit risk hit a record. Since the October 9 close of $82.08, the stock has fallen 25.21% and now sits more than 60% below its June 2025 peak.
CoreWeave and Nebius Group (NASDAQ:NBIS | NBIS Price Prediction) were the two worst Nasdaq-100 performers on October 16. That points to a sector-wide selloff as the cause of the latest drop.
The business kept growing. Second-quarter revenue rose 112.3% to $2.575 billion, and the backlog of committed future revenue reached about $104 billion. However, interest expense rose to $640 million from $267 million a year earlier, and free cash flow was negative $5.743 billion.
The shares still trade 53.48% above the $40 IPO price.
What Could Move CoreWeave Stock Next CoreWeave faces mounting pressure at $61.39. The founders are cutting their holdings faster each year while the company pays for its expansion with debt, and worries about that debt now move the share price.
The backlog gives the bull case real support. But shareholders gain little when interest costs rise this fast and capital spending runs far ahead of operating cash flow.
NVIDIA (NASDAQ:NVDA) holds a different position in AI infrastructure. It supplies the GPUs CoreWeave and its rivals depend on, and it owns 10% of CoreWeave without carrying CoreWeave’s debt.
The next test is the third-quarter report expected around November 9, a date CoreWeave has not confirmed. Interest expense above the forecast of $860 to $940 million, or a close below $59.51, would point to further pressure on the stock. A recovery above $82.08 would ease that pressure.
Contact [email protected] for any questions or corrections.
Alphabet čelí hromadné žalobě kvůli tvrzením, že zatajil neuspokojivé výsledky trénování a výrazné zpoždění uvedení Gemini 3.5 Pro. Akcie GOOGL 16. července 2026 klesly o 4,4 %.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Alphabet To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Alphabet between May 19, 2026 and July 16, 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).
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New York, New York--(Newsfile Corp. - October 17, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Alphabet Inc. (""Alphabet" or the "Company") (NASDAQ: GOOGL) and reminds investors of the November 30, 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) that the Gemini 3.5 Pro was delivering disappointing training results; (2) that, as a result, the launch of Gemini 3.5 Pro would be significantly delayed; and (3) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On July 16, 2026, Bloomberg reported that Google is "months behind schedule on delivering Gemini 3.5 Pro, its most powerful flagship AI model" due to the Company's ongoing coding efforts. On this news, Alphabet's Class A common stock price fell $16.46, or 4.4%, to close at $354.46 per share on July 16, 2026, on unusually heavy trading volume.
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 Alphabet's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Alphabet class action, go to www.faruqilaw.com/GOOGL or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the Alphabet Securities Class Action Lawsuit:
What is the Alphabet securities fraud lawsuit about?
Faruqi & Faruqi, LLP has filed a securities class action lawsuit against Alphabet Inc. (NASDAQ: GOOGL) on behalf of investors who purchased Alphabet securities during the Class Period. The lawsuit alleges that Alphabet and certain of its officers made materially misleading statements or omissions regarding the Company's business, operations, and prospects. Specifically, the complaint alleges that Alphabet's Gemini 3.5 Pro model was delivering disappointing training results and that, as a result, the launch of Gemini 3.5 Pro would be significantly delayed. The lawsuit further alleges that these undisclosed problems were revealed on July 16, 2026, when Bloomberg reported that Google was allegedly months behind schedule in delivering Gemini 3.5 Pro due to ongoing coding efforts, causing Alphabet's Class A common stock to fall $16.46 per share, or approximately 4.4%, on unusually heavy trading volume.
Who may be eligible to participate in the lawsuit?
Investors who purchased or acquired Alphabet Inc. (NASDAQ: GOOGL) Class A common stock between May 19, 2026 and July 16, 2026, inclusive, may be eligible to participate in this securities class action lawsuit. The Class Period begins on May 19, 2026, and ends on July 16, 2026, the date on which the allegedly corrective information was disclosed and the stock price declined sharply. Eligible investors are not required to seek appointment as lead plaintiff in order to participate in the lawsuit or share in any potential recovery. Class members who do not take any action may still be included in the class and bound by any judgment or settlement, subject to the requirements of the applicable court order.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff is a court-appointed representative who acts on behalf of all class members in directing the litigation, including making decisions regarding litigation strategy, the selection and oversight of counsel, and the approval of any settlement. Any investor who purchased Alphabet Class A common stock during the Class Period may move the court for appointment as lead plaintiff, but must do so no later than November 30, 2026. The lead plaintiff is typically the class member or group of members with the largest financial interest in the litigation who also satisfies the requirements of Federal Rule of Civil Procedure 23. Importantly, investors are not required to serve as lead plaintiff to share in any recovery that may be obtained; class members who take no action may still be eligible to participate in any settlement or judgment.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Alphabet 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/319365
Source: Faruqi & Faruqi LLP
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