Author: franperez66q@protonmail.com
The Club’s top 10 things to watch Friday, July 24 — Today’s newsletter was written by Jeff Marks, the Club’s director of portfolio analysis. 1. Stocks are headed for a muted open following yesterday’s sell-off on rising oil prices and bond yields, and on concerns about hyperscalers’ aggressive AI spending. That potent mix of crosscurrents held us back from buying the dip. 2. Intel shares are only modestly higher after the Club chipmaker reported a blowout quarter last night . Supply of data center CPUs can’t keep up with demand as agentic workloads increase the number of CPUs needed relative…
Morgan Stanley Sees Luxury Leadership Shift as Jewelry Brands Gain Ground Source link
The return and plans for the future The snakebot team eventually had to return to the United States without finding a survivor. But nearly 6,500 people were rescued with the help of search and rescue teams from all over the world. By coincidence, Choset ended up having a lengthy conversation with a woman whose husband, a security guard, was buried for eight days in the collapsed basement of a shopping center. He described himself as overjoyed when he later learned that the woman’s husband had been pulled out alive. “She had two kids, and the age difference was the same…
Here are the biggest calls on Wall Street on Friday: UBS upgrades Amkor Technology to buy from neutral UBS says the company’s partnership with Nvidia has plenty of upside. “We view the US$1.5bn NVIDIA strategic partnership supporting Amkor’s on-going ramp of Vera CPU.” Baird reiterates Apple as outperform Baird raised its price target to $330 per share from $310 on Apple. “We also think Street estimates over the NTM [next twelve months] are set up well, with potential for further upside.” HSBC initiates SpaceX as hold HSBC initiated the stock with a hold mainly on valuation. “Space, Connectivity, and AI…
Meta launches new app ’Seller’ to provide sales tools for merchants Source link
Google has reported its financial results for the second quarter of 2026 (PDF), and as usual, the search giant raked in an unfathomable amount of money. Google saw total revenue of $119.8 billion, beating analyst expectations by a comfortable margin. Despite that, the company’s stock has taken a hit. Along with all that revenue, Google has announced a further increase in its AI-fueled capital expenditures (or capex). The company is actually spending so much on AI infrastructure that it has negative cash flow for the first time. Search was the largest chunk of Google’s income, accounting for $63.3 billion. Google…
Burnham’s opponents are having to recalibrate and work through how they take on a new prime minister.The Conservative leader Kemi Badenoch’s al fresco speech and news conference on a rooftop in central London on Thursday was a tacit acknowledgement that the political terms of trade have changed.She teased the new prime minister over his informal style – he “seems like a nice guy…I’m glad he’s got a sense of humour,” she told us, before getting to the essence of her critique, that his offer was superficial, and thin.”Is that it?” she asked, adding: “He is behaving like he’s still the…
The head of “Gus,” one of the largest Tyrannosaurus rex skeletons ever found, is pictured during a press preview at the Sotheby’s Breuer building in New York, on July 1, 2026.Timothy A. Clary | Afp | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.The major auction houses racked up nearly $10 billion in sales in the first half, marking one of the strongest-ever starts to the year as the wealthy gained confidence from soaring financial…
Verizon lifts annual forecasts as new mobile plans spur subscriber gains Source link
Investors will be watching for two key updates when Intel reports earnings after Thursday’s closing bell: stronger AI server CPU growth and further progress in its foundry business. The report comes at a critical time for optimistic investors like us at the Club. After a blistering rally throughout the spring and into late June, the stock has pulled back, falling more than 27% from its record high close of nearly $141 per share on June 22. That decline has less to do with any breakdown in the fundamentals for Intel the company and more with a larger sell-off in the…