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SummaryTesla, Inc. delivered a robust Q2 operating update, with 480,126 vehicles delivered—beating consensus by 18%—and strong energy storage growth.Despite the delivery beat, TSLA’s high valuation demands Q2 earnings demonstrate margin resilience, positive free cash flow, and tangible robotaxi progress.Energy storage deployments surged 53% quarter-over-quarter, but investors need evidence this translates into sustainable profitability and cash flow.I maintain a Hold rating on TSLA stock, awaiting the 22 July report to confirm whether operational momentum can justify the current AI-driven premium. jetcityimage/iStock Editorial via Getty Images

Tesla, Inc. (TSLA) has provided investors with one of its most robust operating updates in recent times. However, the investment case remains unsettled ahead of its earnings report, which are due to go out

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

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

Though we're entering the heart of earnings season, don't overlook how valuable the filing of Form 13Fs can be for investors. These quarterly filings allow investors to track which stocks Wall Street's smartest and most successful money managers have been buying and selling.

Few, if any, billionaire investors have proven more successful over multiple decades than Duquesne Family Office's Stanley Druckenmiller. Known for his relatively active trading style and his love for innovative tech stocks, Druckenmiller dumped shares of Google parent Alphabet (GOOGL +3.38%)(GOOG +3.49%) in the first quarter, and piled into the hottest member of the S&P 500 (^GSPC +0.36%): memory titan Sandisk (SNDK +4.38%).

Duquesne Family Office's Stanley Druckenmiller is one of Wall Street's most-followed money managers. Image source: Getty Images.

Duquesne's billionaire boss rang the register on Alphabet According to Duquesne Family Office's mid-May-filed 13F, billionaire Stanley Druckenmiller sent all 385,000 shares of Alphabet (the Class A shares, GOOGL) to the chopping block.

Profit-taking is certainly a logical explanation for Duquesne's boss to ring the register. Alphabet stock practically doubled over the two quarters (the third and fourth quarters of 2025) during which Druckenmiller was a buyer. Alphabet's integration of artificial intelligence (AI) solutions into Google Cloud has helped reaccelerate sales growth for this high-margin platform and sent its stock catapulting higher.

"Google Cloud revenues grew 63% with backlog nearly doubling quarter on quarter to over $460 billion."

Analysts Projection: +52% YoY

Google Results:

- Cloud Revenue: +63% YoY
- Cloud Backlog: +300% YoY$GOOGL $GOOG pic.twitter.com/zNkiP1vcd1

-- Qualtrim (@qualtrim) April 29, 2026 But this may not be the complete story.

Druckenmiller has also gone on record as stating that "AI may be a little overhyped now, but underhyped long term." He likely recognizes that every hyped technological innovation over the last three decades has succumbed to a bubble-bursting event early in its expansion. Though Alphabet is well-diversified, with a virtual monopoly in internet search, it wouldn't be immune if the AI bubble bursts.

Alphabet also isn't the screaming bargain it once was. Its forward price-to-earnings (P/E) ratio of 24 represents a 15% premium to its average forward P/E over the trailing five years.

Image source: Getty Images.

Stanley Druckenmiller found a new AI apple of his eye While Alphabet was given the boot, Duquesne's billionaire chief purchased 38,500 shares of memory storage solutions provider Sandisk. Over the trailing year (as of July 16), Sandisk shares have rallied more than 3,200%, making it Wall Street's top-performing S&P 500 component by more than 2,500 percentage points!

Druckenmiller's optimism likely stems from Sandisk's critical role in AI data centers. The company's NAND flash memory, solid-state drives, and high-bandwidth flash are designed to support high data transfer rates in AI-accelerated data centers.

2027 EPS estimates for SanDisk $SNDK are about to bend backwards in time while still moving parabolically higher: pic.twitter.com/qRsPDqR5KA

-- Consensus Media (@ConsensusGurus) May 3, 2026 The "issue" is that enterprise demand for these solutions far exceeds their supply. This chokepoint is stymying an even faster data center build-out, but also affording Sandisk a level of pricing power and gross margin it's never seen before.

In September 2025, Wall Street was forecasting less than $10 in full-year earnings per share (EPS) for Sandisk in 2027. Today, this EPS forecast is approaching $208. If memory supply shortages persist, Sandisk (and Stanley Druckenmiller) will be sitting pretty.

Reports of a maritime embargo from the Houthis is keeping the Strait of Hormuz in global headlines, says Kevin Hincks, though he expects earnings season to take investors' attention with Alphabet (GOOGL), Tesla (TSLA), and Intel (INTC) reporting this week. He talks about the importance he sees in the earnings.

watch now

Alphabet shares climbed 3% on Monday after The Information reported the company is developing a new server chip, internally dubbed "Frozen v2," designed to run Gemini models more efficiently.

The chip would permanently embed parts of Gemini's architecture directly into the silicon, reducing the number of calculations and amount of data movement required to answer queries, according to the news outlet.

Google engineers project it could serve between six and ten times more tokens per unit of power than the company's newest AI chips, called TPUs, or tensor processing units, The Information said. Frozen would become a more specialized branch of Google's custom-chip portfolio rather than replace its general-purpose TPUs.

According to the report, the company is targeting 2028 for deployment. The project is aimed at easing a major internal compute shortage that has fueled tensions and reportedly forced Google Cloud to turn away outside business.

Just last month, Google agreed to pay SpaceX nearly $1 billion a month to help bridge the gap and meet its enterprise compute commitments.

The trade-off is flexibility. The chip would work with future Gemini models only if Google sticks with the same underlying architecture, according to The Information. Google reportedly currently views Frozen v2 partly as a trial run and does not plan to produce it at the same scale as its TPUs.

Alphabet did not immediately respond to a request for comment.

Read the full story from The Information here.

Google stock chart.

watch now

DSM Capital Partners LLC lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 17.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,956,303 shares of the e-commerce giant’s stock after selling 407,332 shares during the period. Amazon.com makes up approximately 7.2% of DSM Capital Partners LLC’s portfolio, making the stock its 5th biggest holding. DSM Capital Partners LLC’s holdings in Amazon.com were worth $407,439,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of AMZN. Vanguard Group Inc. lifted its stake in shares of Amazon.com by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after acquiring an additional 8,913,959 shares during the period. State Street Corp increased its stake in shares of Amazon.com by 1.8% during the fourth quarter. State Street Corp now owns 388,653,121 shares of the e-commerce giant’s stock worth $89,708,913,000 after acquiring an additional 6,971,680 shares during the period. Geode Capital Management LLC raised its holdings in Amazon.com by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 225,120,994 shares of the e-commerce giant’s stock worth $51,753,622,000 after purchasing an additional 2,479,324 shares in the last quarter. Norges Bank purchased a new position in Amazon.com during the fourth quarter worth about $32,868,735,000. Finally, Auto Owners Insurance Co lifted its position in Amazon.com by 27,376.7% in the fourth quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock valued at $2,272,397,000 after purchasing an additional 98,090,585 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Amazon.com In other Amazon.com news, CEO Douglas J. Herrington sold 1,000 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $239.77, for a total transaction of $239,770.00. Following the sale, the chief executive officer owned 484,527 shares in the company, valued at approximately $116,175,038.79. This represents a 0.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,270 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $268.53, for a total value of $2,489,273.10. Following the transaction, the senior vice president directly owned 41,190 shares of the company’s stock, valued at $11,060,750.70. The trade was a 18.37% decrease in their position. 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 144,274 shares of company stock worth $38,716,204 in the last quarter. Insiders own 8.90% of the company’s stock.

Analyst Upgrades and Downgrades Several equities analysts have issued reports on the company. TD Securities upgraded Amazon.com to a “buy” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft raised their price target on Amazon.com from $290.00 to $315.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Stifel Nicolaus set a $319.00 price target on Amazon.com and gave the company a “buy” rating in a research note on Thursday, April 30th. Tigress Financial upped their price objective on Amazon.com from $305.00 to $315.00 and gave the stock a “buy” rating in a report on Wednesday, March 25th. Finally, China Renaissance increased their price objective on Amazon.com from $300.00 to $326.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $312.76.

View Our Latest Analysis on Amazon.com

Amazon.com News Roundup Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Amazon’s AWS and AI spend remain a major growth story, with reports of a roughly $200 billion 2026 AI investment plan and large future commitments for Trainium chips supporting the bullish thesis. Andy Jassy Says Amazon’s Chip Business Already Has $225 Billion in Commitments Positive Sentiment: Analysts remained upbeat on Amazon, with fresh coverage and higher targets pointing to continued confidence in AWS re-acceleration and AI-driven earnings growth. KeyBanc Raises Amazon Stock’s Price Target Ahead of Earnings: Here’s What to Watch Positive Sentiment: June retail sales and online spending were strong, which is a helpful signal for Amazon’s e-commerce business heading into back-to-school season. 5 Solid Stocks to Boost Your Portfolio as Retail Sales Continue to Surge Neutral Sentiment: Amazon is still being compared favorably in the “Magnificent Seven” and AI hyperscaler debates, which keeps the stock in focus but is more commentary than a direct catalyst. The Race to Beat Nvidia: Does Google or Amazon Have the Better In-House Silicon Negative Sentiment: Zoox recalled 105 robotaxis after a software issue involving heavy smoke detection, adding a near-term headline risk to Amazon’s autonomous vehicle unit. Zoox recalls self-driving cars because they may not detect smoke Negative Sentiment: An AWS billing bug briefly generated wildly inflated invoices for some customers, which could dent sentiment around cloud reliability even though Amazon says it is fixing the issue. Amazon fixing bug that billed some AWS customers billions of dollars Amazon.com Price Performance Shares of NASDAQ AMZN opened at $247.27 on Monday. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. The company’s 50-day moving average price is $250.83 and its 200 day moving average price is $235.96. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $278.56. The stock has a market cap of $2.66 trillion, a price-to-earnings ratio of 29.58, a PEG ratio of 1.84 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The business had revenue of $181.52 billion during the quarter, compared to analysts’ expectations of $177.28 billion. During the same period last year, the company posted $1.59 EPS. The company’s revenue was up 16.6% on a year-over-year basis. As a group, research analysts forecast that Amazon.com, Inc. will post 7.75 earnings per share for the current fiscal year.

Amazon.com Company Profile (Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

Featured Stories Five stocks we like better than Amazon.com Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

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It has been about five years since Amazon (AMZN +0.85%) founder and CEO Jeff Bezos stepped down from his role as CEO and handed over the reins to Andy Jassy.

Those five years were pretty favorable for the stock market, but not so much for Amazon stock.

Jeff Bezos. Image source: Amazon.

Amazon has posted an average annualized return of just 6.8% over the past few years. That not only trails all of the other "Magnificent Seven" stocks, it's also worse than the S&P 500 and the Nasdaq-100.

The S&P 500 averaged an 11.5% annualized return over that stretch, while the Nasdaq-100 averaged a 14.2% return. The only Magnificent Seven stock that came remotely close to Amazon's underperformance was Microsoft (MSFT 0.74%). The others all averaged double-digit percentage annualized returns.

^SPX data by YCharts.

Even this year, Amazon stock has lagged the S&P 500 -- the stock is up 7% year to date, while the index is up 9% -- but it is beating several of its magnificent brethren.

So why has Amazon stock underperformed?

Losing market share The tech giant hasn't navigated the AI boom as well as some of its competitors. While Amazon Web Services (AWS) remains the world's largest cloud computing infrastructure provider, it has steadily lost market share to rivals Microsoft and Alphabet (GOOG +3.61%) (GOOGL +3.60%). In 2021, Amazon's cloud market share was about 33%, but now it's down to about 28%. Meanwhile, Microsoft and Alphabet's Google have gained market share.

At the same time, Amazon has made massive investments in AI data centers, but many investors don't see those investments paying off well enough.

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In its e-commerce business, growth has slowed since the pandemic-era surge. Shoppers' shift back toward normal retail behaviors initially left Amazon with an excess of inventory and shrinking margins. In more recent years, rising inflation and costs have also cut into its margins.

So where does Amazon go from here? Will the next five years be better for Amazon and its investors than the last five?

An inflection point for Amazon? Amazon stock is up 8% year to date and up 14% over the past 12 months, but it still lags the S&P 500 over both time frames.

However, its growth numbers have improved. Jassy has also repeatedly reminded investors that the company's heavy spending on AI infrastructure is needed to grow AWS. Last quarter, net sales for AWS increased by 28% to about $38 billion. That was higher than the 23% growth rate in the fourth quarter or its 19% pace in 2025.

In fact, on the first-quarter earnings call, Jassy highlighted that it was the best growth rate in 15 quarters. He also said the company has $364 billion in contracted backlog, not including its recently inked $100 billion deal with Anthropic. That's up from a backlog of just $244 billion in the previous quarter.

Amazon is also seeing significant revenue growth from its Trainium AI accelerator chips. Jassy said recently that these chips could be a $50 billion business for Amazon. It has already secured some $225 billion in revenue commitments for the chip business.

The years of underperformance have made Amazon stock less expensive. It trades now at 29 times forward earnings. At that valuation, with the backlog Amazon has amassed, its promising AI chip venture, and a data center build-out that should start to pay off, the stock looks like a solid buy.

Dave Kovaleski has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla. The Motley Fool has a disclosure policy.

According to The Wall Street Journal, Elon Musk‘s SpaceX and the Pentagon are discussing a leasing agreement under which the company would rent computing capacity from its data centers, allowing military and intelligence agencies to run AI models on SpaceX’s infrastructure.

From Launching Rockets to Powering Pentagon AIThe Pentagon is already one of SpaceX’s largest customers. The company launches national security missions, provides military satellite communications through Starlink and supports missile-tracking initiatives. Leasing AI computing power would deepen that relationship, expanding SpaceX’s role from delivering physical infrastructure to providing the computing infrastructure that powers artificial intelligence.

For investors, that marks another step in the company’s evolution.

SpaceX has steadily diversified beyond launch services through Starlink, turning connectivity into a major business. AI computing could become another high-growth revenue stream as demand for compute continues to outpace supply.

A New Competitive LandscapeUnlike the launch industry, where SpaceX has established a commanding lead, AI infrastructure is one of the most competitive markets in technology.

Microsoft’s Azure, Amazon Web Services, Google Cloud and Oracle have spent years building cloud platforms for enterprise and government customers. A Pentagon AI compute deal would place SpaceX alongside those hyperscalers rather than traditional aerospace and defense contractors.

That shift reflects a broader trend across the AI industry. As computing power becomes one of the world’s most valuable resources, the lines between aerospace, cloud computing and artificial intelligence are beginning to blur.

The reported talks also suggest SpaceX’s AI ambitions extend beyond government work. The Wall Street Journal said the company already leases computing capacity to commercial AI customers, including Google, Anthropic and Reflection AI.

If a Pentagon agreement materializes, it could reinforce a broader transformation already underway. SpaceX wouldn’t simply be competing to launch the government’s satellites or connect its troops—it would also be competing to power the AI systems that increasingly shape military operations, putting it in direct competition with some of the world’s largest cloud providers.

Photo: Wirestock Creators on Shutterstock.com

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Broderick Brian C increased its position in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 3.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 103,141 shares of the semiconductor manufacturer’s stock after buying an additional 3,284 shares during the quarter. Advanced Micro Devices comprises about 3.9% of Broderick Brian C’s investment portfolio, making the stock its 5th biggest position. Broderick Brian C’s holdings in Advanced Micro Devices were worth $20,982,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Advanced Micro Devices by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock worth $33,949,256,000 after acquiring an additional 2,525,109 shares during the last quarter. State Street Corp lifted its stake in shares of Advanced Micro Devices by 1.5% in the 4th quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer’s stock valued at $16,044,712,000 after purchasing an additional 1,094,835 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Advanced Micro Devices by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock valued at $8,015,897,000 after purchasing an additional 287,525 shares in the last quarter. Norges Bank purchased a new stake in shares of Advanced Micro Devices during the 4th quarter worth about $4,929,312,000. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of Advanced Micro Devices by 0.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 20,325,288 shares of the semiconductor manufacturer’s stock worth $4,352,864,000 after purchasing an additional 55,969 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Buying and Selling at Advanced Micro Devices In related news, EVP Forrest Eugene Norrod sold 19,487 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the completion of the sale, the executive vice president directly owned 324,527 shares of the company’s stock, valued at approximately $140,000,947.80. This trade represents a 5.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 24,376 shares of Advanced Micro Devices stock in a transaction on Friday, May 8th. The stock was sold at an average price of $444.39, for a total transaction of $10,832,450.64. Following the sale, the executive vice president directly owned 105,222 shares in the company, valued at $46,759,604.58. This trade represents a 18.81% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 341,630 shares of company stock worth $152,147,456. 0.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In A number of analysts recently issued reports on the stock. Truist Financial set a $478.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, May 6th. Jefferies Financial Group cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a research report on Wednesday, May 6th. Cantor Fitzgerald boosted their price objective on shares of Advanced Micro Devices from $500.00 to $700.00 and gave the stock an “overweight” rating in a research note on Monday, June 29th. Barclays lowered shares of Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a research report on Friday, June 12th. Finally, Bank of America raised their target price on shares of Advanced Micro Devices from $550.00 to $620.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $468.65.

Check Out Our Latest Report on Advanced Micro Devices

Advanced Micro Devices Price Performance NASDAQ AMD opened at $495.76 on Monday. The stock has a market cap of $808.39 billion, a PE ratio of 162.54, a P/E/G ratio of 1.43 and a beta of 2.47. Advanced Micro Devices, Inc. has a fifty-two week low of $149.22 and a fifty-two week high of $584.73. The business has a 50 day moving average price of $503.89 and a two-hundred day moving average price of $330.45. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The company had revenue of $10.25 billion for the quarter, compared to analyst estimates of $9.90 billion. During the same quarter last year, the firm posted $0.96 earnings per share. The business’s quarterly revenue was up 37.8% on a year-over-year basis. As a group, sell-side analysts predict that Advanced Micro Devices, Inc. will post 6.26 EPS for the current fiscal year.

Key Advanced Micro Devices News Here are the key news stories impacting Advanced Micro Devices this week:

Positive Sentiment: Wall Street remains constructive on AMD, with KeyCorp reiterating an Overweight rating and a $725 price target, while other firms like Erste Group also raised forward earnings estimates. This supports the view that AMD’s longer-term AI and data-center growth story remains intact. AMD analyst and earnings estimates Positive Sentiment: Investors are looking ahead to AMD’s Advancing AI 2026 event next week, where analysts expect new AI products, customer wins, and potentially major partnership news. Some reports say the event could include updates that improve sentiment around AMD’s AI opportunity and competitive position versus Nvidia. AMD Advancing AI event article Neutral Sentiment: AMD’s recent quarter showed strong fundamentals, with revenue up 37.8% year over year to about $10.3 billion. That provides a supportive backdrop, but it has not been enough to offset the market’s current risk-off mood toward chip stocks. AMD quarterly revenue background Negative Sentiment: Sentiment was also hurt by a report that Chief Technology Officer Mark Papermaster sold 6,000 shares, adding to an already heavy pattern of insider selling. Over the past six months, AMD insiders have made 100 open-market sales and no purchases, which can make some investors cautious. AMD insider sale article Negative Sentiment: Broader market coverage described AMD as part of a semiconductor rout, with traders taking profits after a strong run in AI stocks. That rotation is the main reason AMD shares are weaker today, even though the company’s long-term AI narrative remains intact. Chipmaker rout article About Advanced Micro Devices (Free Report)

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.

Read More Five stocks we like better than Advanced Micro Devices Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report).

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News Highlights

Microsoft to ramp AMD Helios™ at scale on Azure to power frontier model inference for Microsoft, its AI customers and Azure AI services. Azure will add two new VMs powered by 6th Gen AMD EPYC™ “Venice” processorsAzure deploys AMD Pensando™ DPUs in AMD AI backend networking infrastructure and select Azure services.The companies are integrating AMD silicon with Azure Boost to scale cloud networking performance across the fleet. SANTA CLARA, Calif., July 20, 2026 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced an expanded strategic partnership spanning AMD GPUs, CPUs, networking and software on Microsoft Azure. At the center of this expansion, Microsoft will deploy the AMD Helios Rackscale Solution, to power frontier model AI inference for Microsoft, its AI customers and support Azure AI services. Azure will also add two new AMD EPYC CPU-powered VM series and broaden its deployment of Pensando DPUs to support Azure networking services. AMD will begin shipping Helios to customers, including Microsoft, in the second half of 2026.

AMD Helios combines AMD Instinct™ MI455X GPUs, AMD EPYC™ "Venice" CPUs, Pensando™ networking and ROCm™ software in an open, integrated rackscale platform built for large-scale AI training and inference. The Azure deployment will use Helios for inference workloads spanning frontier models, Azure AI services and customer applications.

“AMD and Microsoft have spent years building high-performance infrastructure together, and today we're extending that partnership across the full stack of AMD AI solutions on Azure,” said Dr. Lisa Su, Chair and CEO, AMD. “Microsoft's new AMD deployments mark an important milestone as we deliver leadership compute solutions to Azure customers and scale the next generation of AI infrastructure together.”

“Customers are looking for AI infrastructure that is optimized for a wide range of workloads, from training and inference to data preparation, search, and reinforcement learning," said Satya Nadella, Chairman and CEO, Microsoft. "Through our collaboration with AMD, we are expanding the Azure infrastructure portfolio with AMD Helios to give customers the performance, scale and choice they need to build and run the next generation of AI applications.”

The collaboration expands access to AMD AI infrastructure across Azure. Frontier model builders can now leverage AMD-powered infrastructure to train and serve large-scale AI models, while enterprise customers can deploy and scale production AI workloads through Azure Foundry Managed Compute.

Azure’s new VM series, Azure HDv2 for agentic AI and data pipelines, and Azure HXv2 for semiconductor design, will be powered by 6th Gen AMD EPYC “Venice” processors. Together, the new VM series broaden Azure’s AMD EPYC portfolio across AI, data and engineering workloads.

The collaboration also extends into the networking layer that connects and scales Azure infrastructure. Building on Microsoft’s broad deployment of AMD Pensando DPUs, the companies are integrating Azure Boost with AMD technologies to improve networking performance, efficiency and connection processing at cloud scale.

As AI demand accelerates, AMD and Microsoft will continue to deliver open, high-performance infrastructure that gives customers flexibility, efficiency and scale to build what's next.

Supporting Resources

Learn more about AMD Instinct acceleratorsLearn more about AMD EPYC processorsLearn more about AMD Pensando networking solutionsLearn more about AMD and Microsoft collaborationConnect with AMD on LinkedInFollow AMD on X About AMD

AMD (NASDAQ: AMD) drives innovation in high-performance and AI computing to solve the world’s most important challenges. Today, AMD technology powers billions of experiences across cloud and AI infrastructure, embedded systems, AI PCs and gaming. With a broad portfolio of AI-optimized CPUs, GPUs, networking and software, AMD delivers full-stack AI solutions that provide the performance and scalability needed for a new era of intelligent computing. Learn more at www.amd.com.

Cautionary Statement

This press release contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD) such as the features, functionality, performance, availability, timing and expected benefits of AMD products and expanded collaboration with Microsoft, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are commonly identified by words such as "would," "may," "expects," "believes," "plans," "intends," "projects" and other terms with similar meaning. Investors are cautioned that the forward-looking statements in this press release are based on current beliefs, assumptions and expectations, speak only as of the date of this press release and involve risks and uncertainties that could cause actual results to differ materially from current expectations. Such statements are subject to certain known and unknown risks and uncertainties, many of which are difficult to predict and are generally beyond AMD's control, that could cause actual results and other future events to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Material factors that could cause actual results to differ materially from current expectations include, without limitation, the following: impact of government actions and regulations such as export regulations, import tariffs, trade protection measures, and licensing requirements; competitive markets in which AMD’s products are sold; the cyclical nature of the semiconductor industry; market conditions of the industries in which AMD products are sold; AMD’s ability to introduce products on a timely basis with expected features and performance levels; loss of a significant customer; economic and market uncertainty; quarterly and seasonal sales patterns; AMD's ability to adequately protect its technology or other intellectual property; unfavorable currency exchange rate fluctuations; ability of third party manufacturers to manufacture AMD's products on a timely basis in sufficient quantities and using competitive technologies; availability of essential equipment, materials, components (such as memory supply), substrates or manufacturing processes; ability to achieve expected manufacturing yields for AMD’s products; AMD's ability to generate revenue from its semi-custom SoC products; potential security vulnerabilities; potential security incidents including IT outages, data loss, data breaches and cyberattacks; uncertainties involving the ordering and shipment of AMD’s products; AMD’s reliance on third-party intellectual property to design and introduce new products; AMD's reliance on third-party companies for design, manufacture and supply of motherboards, software, memory and other computer platform components; AMD's reliance on Microsoft and other software vendors' support to design and develop software to run on AMD’s products; AMD’s reliance on third-party distributors and add-in-board partners; impact of modification or interruption of AMD’s internal business processes and information systems; compatibility of AMD’s products with some or all industry-standard software and hardware; costs related to defective products; failure to maintain an efficient supply chain as customer demand changes; AMD's ability to rely on third party supply-chain logistics functions; AMD’s ability to effectively control sales of its products on the gray market; impact of climate change on AMD’s business; AMD’s ability to realize its deferred tax assets; potential tax liabilities; current and future claims and litigation; impact of environmental laws, conflict minerals related provisions and other laws or regulations; evolving expectations from governments, investors, customers and other stakeholders regarding corporate responsibility matters; issues related to the responsible use of AI; restrictions imposed by agreements governing AMD’s notes, the guarantees of Xilinx’s notes and the revolving credit agreement; AMD’s ability to satisfy financial obligations under guarantees, leases and other commercial commitments; impact of acquisitions, joint ventures and/or investments on AMD’s business and AMD’s ability to integrate acquired businesses; impact of any impairment of the combined company’s assets; political, legal and economic risks and natural disasters; future impairments of technology license purchases; AMD’s ability to attract and retain key employees; and AMD’s stock price volatility. Investors are urged to review in detail the risks and uncertainties in AMD’s Securities and Exchange Commission filings, including but not limited to AMD’s most recent reports on Forms 10-K and 10-Q.   

AMD, the AMD Arrow logo, AMD Instinct, AMD Pensando, AMD ROCm, EPYC and combinations thereof are trademarks of Advanced Micro Devices, Inc. Microsoft, Azure are trademarks or registered trademarks of their respective owners. Other names are for informational purposes only and may be trademarks of their respective owners.

The best-performing way to play the chip boom in 2026 has not been Nvidia (NVDA +1.46%), Advanced Micro Devices (AMD +3.07%), or Broadcom (AVGO +1.80%). It has been a small, brand-new fund built around the one corner of semiconductors that giants can't live without: memory. The Roundhill Memory ETF (DRAM +3.86%) has roughly doubled since it launched this spring, outrunning all three AI chip stars, and the reason comes down to a technology most investors ignore.

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What DRAM is, and why it became the AI bottleneck DRAM, or dynamic random-access memory, is a computer's short-term working memory, the place a chip keeps the data it is actively crunching. For decades, it was a sleepy commodity. AI flipped that on its head. Running and training large models means moving colossal amounts of data at high speed, which has created frantic demand for a premium form of DRAM called high-bandwidth memory, or HBM. HBM is DRAM stacked in layers and placed right beside the AI processor so information flows almost instantly.

Here's the crux: Each new generation of AI hardware needs far more of this memory than the last, and only a few companies can make it. That has turned memory, not the processors themselves, into the tightest bottleneck in the entire AI supply chain. When a critical ingredient is scarce, its makers gain enormous pricing power, and their stocks can run even harder than the chip designers everyone talks about.

Image source: Getty Images.

Inside the Roundhill Memory ETF The Roundhill Memory ETF has taken the DRAM moniker for its ticker, and it's the first exchange-traded fund built purely around memory-chip makers. It holds about 20 companies that each derive at least half their revenue from memory products, spanning DRAM, HBM, NAND flash, and solid-state drives. That gives you one-ticker access to the whole memory complex rather than betting on a single name.

The concentration, though, is extreme. Roughly three-quarters of the fund sits in just three stocks: Samsung, SK Hynix (SKHY +3.37%), and Micron Technology (MU +4.27%), the trio that dominates global memory production. It also holds stocks such as Sandisk (SNDK +4.38%). Since its April debut, the fund has surged well past 100%, trouncing Nvidia, AMD, and Broadcom over the same stretch. The engine is simple: Memory companies have been the hottest part of the chip market, with HBM sold out and SK Hynix reportedly claiming the lion's share of the memory going into Nvidia's next-generation systems.

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Why it has beaten the AI chip giants The AI story is usually told through processors, but a processor is useless without enough memory to feed it. Because HBM eats up far more factory space per chip than ordinary memory, supply has stayed painfully tight even as demand explodes. That scarcity has let memory makers raise prices and lock in multiyear contracts, driving their shares higher than the chip designers. Owning the memory basket, in other words, has been like owning the shovel sellers during a gold rush.

The catch investors should weigh I wouldn't mistake this for a safe, diversified fund. With about 75% in three stocks, the DRAM ETF is really a concentrated bet dressed as an ETF, and a stumble at any one of them would sting. Two of those three are foreign companies, which adds currency and geopolitical exposure. The fund charges 0.65% a year, on the pricey side, and it is brutally volatile, with single-day swings above 14% in both directions. Most importantly, memory is famously cyclical. It already dipped into a bear market this summer, a reminder that today's shortage can flip to glut, and prices can fall as fast as they rose.

How investors should think of Roundhill Memory ETF The Roundhill Memory ETF is a clever, convenient way to ride the memory supercycle that has quietly outrun the AI chip elite. But convenience is not the same as safety. You are buying a concentrated, high-fee, high-volatility bet on one of the most cyclical industries in tech. If you believe the memory shortage has legs, DRAM offers exposure in a single ticker. Just size it small, and never forget that in memory, the boom and the bust are always close cousins.

AMD stock was rising after it signed up a major customer for its Helios AI server racks.

Alibaba says its new AI model is among the most powerful currently available. Could Alibaba be the antidote to the OpenAI and Anthropic IPO doldrums?

Philippine Airlines confirmed ​15 firm orders ‌for Boeing 787-10s on Monday, with ​purchase rights ​for another five of ⁠the widebody ​jetliners.

Nvidia stock has stabilized but it needs some help from its customers to rally again.

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After a decade-long comeback, chip giant Advanced Micro Devices is preparing to ship its first rack-scale system for artificial intelligence, called Helios, to a growing list of customers that now includes Microsoft.

It's the first rival to Nvidia's wildly popular Grace Blackwell and Vera Rubin systems, and is aiming to give the world's most valuable chipmaker its first real competition in years.

Microsoft announced Monday it will use the Helios system in its data centers, joining Meta, OpenAI, Oracle and others in a race to grab as much compute as possible.

AMD will begin shipping to customers, including Microsoft, later this year.

Details about financial terms or the amount of compute capacity weren't disclosed.

"We are expanding the Azure infrastructure portfolio with AMD Helios to give customers the performance, scale and choice they need to build and run the next generation of AI applications," Microsoft CEO Satya Nadella wrote in a press release.

The new Helios system will power frontier model inference for Microsoft, its AI customers and support Azure AI services. Microsoft will also add two new computing instances run on AMD's latest "Venice" central processing units, or CPUs, one for agentic AI and data pipelines, and another for semiconductor design.

It's the continuation of a longtime partnership, with AMD chips powering Microsoft's Surface PCs and Xbox gaming consoles for many years. In 2023, Microsoft was also the first to adopt AMD's MI300X graphics processing unit, or GPU, that rivaled Nvidia's AI chips. Microsoft also deploys its own Maia chips in its data centers.

Like its peers, Microsoft needs as much compute as possible, especially as it ramps up its own model development and allocates more computing capacity to research and development. In June, it announced seven models built in-house. Microsoft's AI efforts thus far have seen mixed results, from its 365 Copilot AI assistant to its GitHub Copilot coding agent. It's the worst-performing "Magnificent Seven" stock so far this year.

Microsoft is part of a growing number of big companies turning to AMD for AI acceleration. AMD says eight of the top 10 AI companies run workloads on its Instinct GPUs, including OpenAI, Cohere and Elon Musk's SpaceXAI, which is part of SpaceX.

In February, Meta announced it'll use up to 6 gigawatts of AMD GPUs over time, starting with 1 gigawatt deployed on Helios racks later this year. OpenAI and Oracle also made major commitments to deploy Helios this year, with India's largest IT company, Tata Consultancy Services, committing to use it as well.

CNBC got the world's first detailed look inside a Helios system, from the Texas data center lab where it's being developed and tested.

'Lowest cost per token'Named for an ancient Greek god who pulls the sun across the sky with the help of four horses, Helios brings together four things AMD does in-house: GPUs, CPUs, networking and software.

"We're very focused on providing the best total cost of ownership, the lowest cost per token, all in," data center head Forrest Norrod told CNBC about AMD's first-generation system. "And our customers are telling us that we're achieving that."

In May, AMD CEO Lisa Su told CNBC's Jim Cramer that Helios has "significant benefits" over Nvidia's rack-scale systems, "when you're talking about inference and when you're talking about memory bandwidth and memory capabilities."

While AMD wouldn't comment on cost, the Futurum Group estimates Helios will cost between $5 million and $5.5 million. That's compared with Futurum estimates of $3.5 million to $4 million for Nvidia's second-generation rack-scale system, Vera Rubin.

At up to 7,000 pounds, Helios is also wider and heavier than Nvidia's Vera Rubin.

Nvidia controls more than 95% of the data center GPU market, according to the Futurum Group. AMD only holds some 4.5% of the market, but Helios could change that.

"I think there's a serious case in which AMD does great and can get to 20% and 25%. And by the way, this is hundreds of billions of dollars of revenue," said Daniel Newman, analyst and CEO of the Futurum Group.

Read more CNBC tech newsElon Musk's Memphis AI empire is the epicenter of the data center backlashChinese startup Moonshot AI unveils Kimi model it says rivals OpenAI, AnthropicSpaceX stock falls after Starship test flight abortedMicrosoft's Nadella criticizes Anthropic's Fable for being 'editorially controlled'In the first quarter of 2026, data centers made up the majority of AMD's revenue, up 57% year over year. AMD told CNBC that it plans to book tens of billions in data center AI revenue starting in 2027, the majority coming from Helios.

In data center CPU market share, Intel remains the clear leader, but AMD has steadily been gaining ground. This CPU leadership sets AMD apart from Nvidia, which launched its first server CPU in 2021 and shifted strategies to renew focus on the chips this year.

'A very different AMD'Norrod called Helios "our baby," as he showed CNBC the system's core chips. Each of its 18 compute trays has four Instinct GPUs powered by a single EPYC central processing unit.

It was these EPYC data center CPUs that helped AMD regain a decade of lost leadership in the data center market.

In 2003, AMD had a groundbreaking data center CPU that helped it rapidly gain nearly a quarter of the market, but that slice withered away following a series of delays and missteps that led to major layoffs and shrinking revenue by the time Su took the helm.

"Under Lisa's leadership for the last 12 years, it's been a very different AMD," Norrod said.

Things turned around after the company unveiled the first EPYC server CPU on stage in 2017.

"One of the things that we did is we laid out our road map in detail for three generations, which is very unusual," he said. "And we delivered exactly what we said."

Part of AMD's road map included plans to launch Helios with the current MI400 series of GPU.

Each Helios tray also has up to 12 networking chips made with technology AMD acquired when it bought Pensando in 2022.

It was one of several acquisitions that has helped enable Helios development in the last few years.

AMD's largest purchase to date was programmable chip company Xilinx for nearly $50 billion in 2022. AMD also acquired server maker ZT systems for nearly $5 billion in 2025, and a series of software companies that helped it develop ROCm, its open-source alternative to Nvidia's widely adopted CUDA software ecosystem.

Counterpoint Research analyst Neil Shah said AMD's Helios chips are "on par" with Nvidia GPUs and CPUs, but the "secret sauce is in the software and optimization."

"With CUDA, I think Nvidia has a bigger ecosystem, and it's quite ahead versus AMD," he said.

With Helios, AMD has the opportunity to make substantial strides, depending on how well early deployments fare.

— CNBC's Jordan Novet contributed to this report.

ATLANTA--(BUSINESS WIRE)---- $QMLS #NASDAQ--QumulusAI (Nasdaq: QMLS), a neocloud infrastructure provider purpose-built for the AI computing era, today announced the purchase of 1,632 NVIDIA Blackwell B300 GPUs to meet accelerating customer demand for high-performance AI compute. The GPUs will be delivered across 204 NVIDIA HGX B300 systems and represent one of the company's largest single capacity expansions to date. The purchase was funded primarily through financing arrangements with Technology Finance Corporat.

3M Company (NYSE:MMM) will release earnings for its second quarter before the opening bell on Tuesday, July 21.

Analysts expect the company to report quarterly earnings of $2.25 per share, up from $2.16 per share in the year-ago period. The consensus estimate for 3M’s quarterly revenue is $6.41 billion. It reported $6.16 billion last year, according to Benzinga Pro.

Ahead of quarterly earnings, JP Morgan analyst Chigusa Katoku, on Friday, upgraded 3M from Neutral to Overweight and raised the price target from $178 to $180.

With the recent buzz around 3M, some investors may be eyeing potential gains from the company’s dividends too. As of now, 3M has an annual dividend yield of 1.95%, which is a quarterly dividend amount of 78 cents per share ($3.12 a year).

To figure out how to earn $500 monthly from 3M, we start with the yearly target of $6,000 ($500 x 12 months).

Next, we take this amount and divide it by 3M’s $3.12 dividend: $6,000 / $3.12 = 1,923 shares.

So, an investor would need to own approximately $307,372 worth of 3M, or 1,923 shares to generate a monthly dividend income of $500.

Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $3.12 = 385 shares, or $61,538 to generate a monthly dividend income of $100.

Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.

The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change.

For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60).

Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40).

Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease.

MMM Price Action: Shares of 3M fell by 1.2% to close at $159.84 on Friday.

Photo via Shutterstock

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Despite the streaming giant falling 24.22% year-to-date (YTD) and crashing 6.87% to $68.95 in the last week, Wall Street has remained largely bullish on Netflix (NASDAQ: NFLX) stock.

The latest example of the trend came on July 20 when Phillip Securities analyst Helena Wang retained her previous $110 12-month price target for NFLX shares but, within a generally optimistic note, upgraded the equity’s rating to ‘Buy.’

According to the Wall Street expert, Netflix boasts resilient pricing power, expanding advertising monetization, industry-leading profitability, and healthy membership: all factors backing the view that the streaming giant’s shares are worth investing in, especially at the current and attractive valuation.

Analysts predict Netflix stock price in the next 12 months Zooming out, institutional analysts have generally remained optimistic toward NFLX equity despite its stock market woes. Overall, Netflix shares are regarded as a ‘Moderate Buy’ with 22 experts giving it a positive recommendation and 9 proving ‘Neutral.’

 At press time on July 20, there are no NFLX stock ‘Sell’ ratings, and the asset is, on average, expected to rally 38.61% to $95.57 in the next 12 months, per the data Finbold retrieved from TipRanks.

Wall Street sets Netflix stock price for the next 12 months. Source: TipRanks Furthermore, only three prominent analysts rated Netflix as a ‘Hold’ following the latest earnings report. Still, despite the bullshness, multiple Wall Street experts reduced their 12-month stock price targets despite retaining ‘Buy’ recommendations. 

Piper Sandler’s Thomas Champion was responsible for the steepest of these reductions when he dropped his forecast from $115 to $85  – from a 66.79% predicted rally to 23.28% – on July 17.

Netflix stock price performance Meanwhile, investors proved nowhere near as favorable toward Netflix stock as Wall Street in the aftermath of the earnings. Specifically, the equity collapsed 12.28% from 74.35% to $65.24 shortly after the July 16 closing bell, and even the subsequent recovery took it no higher than $68.95.

Netflix stock price one-week chart. Source: Google At press time in the July 20 pre-market, NFLX shares are an additional 0.81% down and changing hands at $68.39.

Featured image via Shutterstock

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Posted by Defense World Staff on Jul 20th, 2026

Dimensional Fund Advisors LP increased its stake in shares of Bank of America Corporation (NYSE:BAC – Free Report) by 1.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,135,112 shares of the financial services provider’s stock after acquiring an additional 561,413 shares during the period. Dimensional Fund Advisors LP owned about 0.44% of Bank of America worth $1,517,599,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BAC. Brighton Jones LLC raised its stake in shares of Bank of America by 30.0% in the 4th quarter. Brighton Jones LLC now owns 108,872 shares of the financial services provider’s stock valued at $4,785,000 after purchasing an additional 25,143 shares during the period. Sivia Capital Partners LLC boosted its position in shares of Bank of America by 40.5% during the second quarter. Sivia Capital Partners LLC now owns 21,401 shares of the financial services provider’s stock worth $1,013,000 after buying an additional 6,174 shares during the period. Jump Financial LLC boosted its position in shares of Bank of America by 38.4% during the second quarter. Jump Financial LLC now owns 65,677 shares of the financial services provider’s stock worth $3,108,000 after buying an additional 18,227 shares during the period. Nebula Research & Development LLC bought a new position in shares of Bank of America during the second quarter worth about $1,396,000. Finally, Vivaldi Capital Management LP raised its position in Bank of America by 4.2% in the 2nd quarter. Vivaldi Capital Management LP now owns 8,819 shares of the financial services provider’s stock valued at $417,000 after buying an additional 355 shares during the last quarter. 70.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth Several equities research analysts have commented on the company. Jefferies Financial Group restated a “buy” rating and issued a $75.00 target price on shares of Bank of America in a research note on Tuesday, July 14th. Robert W. Baird boosted their price objective on shares of Bank of America from $58.00 to $62.00 and gave the stock a “neutral” rating in a research report on Wednesday. Oppenheimer cut shares of Bank of America from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 30th. Piper Sandler raised their target price on shares of Bank of America from $53.00 to $59.00 and gave the company a “neutral” rating in a research report on Thursday, April 16th. Finally, Royal Bank Of Canada lifted their price target on shares of Bank of America from $59.00 to $65.00 and gave the company an “outperform” rating in a research note on Wednesday. Twenty-one research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Bank of America has a consensus rating of “Moderate Buy” and an average target price of $63.77.

Check Out Our Latest Research Report on Bank of America

Key Bank of America News Here are the key news stories impacting Bank of America this week:

Positive Sentiment: Bank of America declared regular cash dividends on multiple preferred stock series, reinforcing its continued capital return to shareholders. Bank of America Declares Preferred Stock Dividends Payable in August and September 2026 Positive Sentiment: Multiple firms lifted their outlooks on BAC, including higher earnings estimates for FY2026 and FY2027, suggesting improving expectations for profitability. Bank of America stock page Positive Sentiment: Bank of America’s recent Q2 results were broadly strong, with the company topping estimates and benefiting from robust trading and deal activity, which has helped support investor confidence in the stock. BofA rides market whiplash to trading records, deal activity shines Neutral Sentiment: Bank of America also announced internal AI leadership appointments to accelerate AI adoption in its global markets business, a strategic move that could improve efficiency over time but is not an immediate earnings driver. BofA names senior executives to drive AI adoption in global markets-memo Insiders Place Their Bets In related news, insider Geoffrey S. Greener sold 126,756 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $53.01, for a total value of $6,719,335.56. Following the sale, the insider owned 1,373,397 shares in the company, valued at approximately $72,803,774.97. This represents a 8.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.27% of the company’s stock.

Bank of America Trading Down 0.2% Bank of America stock opened at $61.18 on Monday. Bank of America Corporation has a 52 week low of $44.75 and a 52 week high of $62.12. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.82 and a current ratio of 0.83. The stock has a market capitalization of $434.16 billion, a P/E ratio of 14.03, a PEG ratio of 0.98 and a beta of 1.17. The stock has a 50-day simple moving average of $55.30 and a 200 day simple moving average of $53.13.

Bank of America (NYSE:BAC – Get Free Report) last announced its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.08. Bank of America had a return on equity of 12.20% and a net margin of 17.56%.The firm had revenue of $8.08 billion for the quarter, compared to the consensus estimate of $30.78 billion. During the same quarter in the previous year, the business earned $0.89 earnings per share. The business’s revenue was up 19.6% compared to the same quarter last year. Analysts expect that Bank of America Corporation will post 4.64 earnings per share for the current year.

Bank of America Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 5th were issued a dividend of $0.28 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.8%. Bank of America’s payout ratio is presently 25.69%.

Bank of America Company Profile (Free Report)

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.

Read More Five stocks we like better than Bank of America Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks

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« PREVIOUS HEADLINEDimensional Fund Advisors LP Has $1.25 Billion Stock Holdings in International Business Machines Corporation $IBM

Walmart (WMT, Financials), the world's largest retailer, named Kyle Kinnard as chief operating officer of its U.S. business, replacing Kieran Shanahan.Kinnard c

Posted by Defense World Staff on Jul 20th, 2026

Dimensional Fund Advisors LP lifted its position in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 2.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,797,916 shares of the company’s stock after buying an additional 300,280 shares during the quarter. Procter & Gamble makes up 0.4% of Dimensional Fund Advisors LP’s investment portfolio, making the stock its 25th largest position. Dimensional Fund Advisors LP owned about 0.51% of Procter & Gamble worth $1,704,182,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. raised its holdings in Procter & Gamble by 1,000.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares during the last quarter. Park Square Financial Group LLC lifted its stake in shares of Procter & Gamble by 65.1% during the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares during the period. Evolution Wealth Management Inc. boosted its holdings in shares of Procter & Gamble by 1,315.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after purchasing an additional 171 shares during the last quarter. Litman Gregory Wealth Management LLC purchased a new stake in shares of Procter & Gamble in the fourth quarter valued at $26,000. Finally, Maseco LLP purchased a new stake in shares of Procter & Gamble in the fourth quarter valued at $28,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Key Headlines Impacting Procter & Gamble Here are the key news stories impacting Procter & Gamble this week:

Positive Sentiment: Procter & Gamble’s long dividend track record remains a key support for the stock, with the company having raised its payout for 70 consecutive years, reinforcing its status as a dependable income name. Article title Positive Sentiment: JPMorgan kept an overweight rating on PG while only trimming its price target to $162 from $164, signaling continued upside expectations from current levels. Article title Positive Sentiment: Some commentary says PG still screens as undervalued and could benefit from planned cuts to as many as 7,000 non-manufacturing roles, which may improve margins over time. Article title Neutral Sentiment: Erste Group slightly lowered its FY2026 and FY2027 earnings estimates, but the changes were minimal and its full-year FY2026 forecast still matches consensus. Article title Neutral Sentiment: UBS said consumer-staple companies likely had another “tricky” quarter, which suggests a challenging operating backdrop for PG and peers rather than a company-specific setback. Article title Negative Sentiment: The stock is also being pressured by a broader risk-off move and weakness in equities, including a selloff in growth/AI-related names that has pushed some investors back toward defensive stocks like PG. Article title Analyst Upgrades and Downgrades Several equities analysts recently weighed in on PG shares. Sanford C. Bernstein started coverage on Procter & Gamble in a research report on Thursday, June 11th. They set a “market perform” rating and a $156.00 target price on the stock. Raymond James Financial lowered their price target on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating for the company in a report on Tuesday, April 14th. Rothschild & Co Redburn dropped their price objective on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a research note on Monday, April 27th. Royal Bank Of Canada decreased their target price on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a research report on Thursday, April 9th. Finally, Jefferies Financial Group boosted their target price on shares of Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a report on Friday, June 26th. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus target price of $161.42.

Get Our Latest Research Report on Procter & Gamble

Procter & Gamble Price Performance Shares of Procter & Gamble stock opened at $149.84 on Monday. The business’s fifty day moving average price is $146.80 and its 200 day moving average price is $148.56. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $348.92 billion, a P/E ratio of 21.91, a PEG ratio of 7.46 and a beta of 0.39.

Procter & Gamble (NYSE:PG – Get Free Report) last announced its quarterly earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.56 by $0.03. The company had revenue of $21.23 billion during the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm’s revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, research analysts anticipate that Procter & Gamble Company will post 6.88 earnings per share for the current year.

Procter & Gamble Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be issued a $1.0885 dividend. The ex-dividend date is Friday, July 24th. This represents a $4.35 annualized dividend and a yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is presently 63.60%.

Procter & Gamble Company Profile (Free Report)

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

Recommended Stories Five stocks we like better than Procter & Gamble Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG – Free Report).

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Boston Common Asset Management LLC boosted its holdings in Verizon Communications Inc. (NYSE:VZ – Free Report) by 6.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 316,689 shares of the cell phone carrier’s stock after buying an additional 20,308 shares during the quarter. Verizon Communications makes up 1.0% of Boston Common Asset Management LLC’s holdings, making the stock its 29th biggest holding. Boston Common Asset Management LLC’s holdings in Verizon Communications were worth $15,898,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VZ. AlphaCentric Advisors LLC lifted its stake in Verizon Communications by 133.8% in the 1st quarter. AlphaCentric Advisors LLC now owns 5,867 shares of the cell phone carrier’s stock valued at $295,000 after purchasing an additional 3,358 shares during the last quarter. Decker Wealth Management LLC acquired a new stake in Verizon Communications in the first quarter valued at approximately $494,000. Greenwood Gearhart LLC acquired a new stake in Verizon Communications in the first quarter valued at approximately $318,000. Koss Olinger Consulting LLC grew its stake in shares of Verizon Communications by 91.3% during the first quarter. Koss Olinger Consulting LLC now owns 16,373 shares of the cell phone carrier’s stock worth $822,000 after buying an additional 7,815 shares during the last quarter. Finally, Little House Capital LLC grew its stake in shares of Verizon Communications by 2.0% during the first quarter. Little House Capital LLC now owns 57,816 shares of the cell phone carrier’s stock worth $2,902,000 after buying an additional 1,129 shares during the last quarter. Institutional investors own 62.06% of the company’s stock.

Wall Street Analysts Forecast Growth VZ has been the subject of a number of research reports. Scotiabank dropped their price target on Verizon Communications from $54.50 to $51.50 and set a “sector outperform” rating for the company in a research note on Wednesday, July 15th. Dbs Bank downgraded Verizon Communications from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 7th. Barclays reduced their price objective on Verizon Communications from $47.00 to $45.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 8th. Freedom Capital raised Verizon Communications to a “hold” rating in a report on Friday, June 12th. Finally, Wells Fargo & Company started coverage on Verizon Communications in a research report on Wednesday, July 8th. They issued an “equal weight” rating and a $43.00 target price for the company. Nine equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $50.09.

View Our Latest Stock Report on Verizon Communications

Key Stories Impacting Verizon Communications Here are the key news stories impacting Verizon Communications this week:

Positive Sentiment: Verizon is moving to sell 274 company-owned retail stores to franchisees and cut roughly 3,000 jobs, a restructuring that could lower operating costs and improve margins over time. Reuters: Verizon to shed 274 stores, lay off another 500 corporate employees Positive Sentiment: Market reaction has been favorable to the cost-reset story, with articles noting VZ rose as investors responded to the store shakeup and expense reduction plans. Yahoo Finance: VZ Stock Rises — Verizon Moves To Slash Costs With Major Store Shakeup Neutral Sentiment: Erste Group Bank slightly raised its FY2026 earnings estimate for Verizon and kept a Hold rating, suggesting only modest near-term earnings improvement. MarketBeat analyst update Neutral Sentiment: Verizon is expected to report earnings on Friday, which keeps investors focused on whether the restructuring and broadband growth can offset slower revenue trends. American Banking News: Verizon Communications (VZ) to Post Earnings on Friday Negative Sentiment: Some analysts are cautioning that Verizon already trades at a premium relative to peers, which could limit upside if earnings growth disappoints. Trefis: VZ Earns Its Premium Over Peers. Now What? Negative Sentiment: Scotiabank also lowered its price target to $51.50, reflecting some skepticism about the pace of Verizon’s improvement. American Banking News: Verizon Communications (NYSE:VZ) Price Target Lowered to $51.50 at Scotiabank Verizon Communications Trading Down 0.1% VZ opened at $43.57 on Monday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.64 and a quick ratio of 0.61. Verizon Communications Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $51.68. The company’s 50 day moving average price is $45.67 and its two-hundred day moving average price is $46.11. The firm has a market capitalization of $181.91 billion, a price-to-earnings ratio of 10.63, a PEG ratio of 1.07 and a beta of 0.26.

Verizon Communications (NYSE:VZ – Get Free Report) last released its quarterly earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.07. The firm had revenue of $34.44 billion during the quarter, compared to the consensus estimate of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.19 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. As a group, research analysts predict that Verizon Communications Inc. will post 4.98 earnings per share for the current year.

Verizon Communications Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be issued a $0.7075 dividend. This represents a $2.83 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Friday, July 10th. Verizon Communications’s dividend payout ratio is presently 69.02%.

Verizon Communications Company Profile (Free Report)

Verizon Communications Inc (NYSE: VZ) is a major U.S.-based telecommunications company that provides a broad range of communications and information services. Its operations span consumer and business markets, with core offerings that include wireless voice and data services, fixed-line broadband and fiber-optic services, and enterprise networking solutions. Verizon is headquartered in New York City and operates a nationwide wireless network that supports consumer subscribers as well as business and government customers.

The company’s consumer products include mobile phone plans, unlimited data services, and Fios, its branded fiber-optic internet, television and voice service for homes and small businesses.

Recommended Stories Five stocks we like better than Verizon Communications Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding VZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verizon Communications Inc. (NYSE:VZ – Free Report).

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